The Business Times, 31 July 1992

Microfilm: NL18221
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, July 31, 1992 75*
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  • NEWS SUMMARY
    • Article
      BNZ minority shareholders up in arms over bid price
      63 1 WELLINGTON Bank of New Zealand minority shareholders expressed anger yesterday at the 80 NZ cent price being offered for their shares in a takeover bid by the National Australia Bank. BNZ chairman Syd Pasley told around 500 shareholders that he sympathised
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    • Article
      Foreign Minister walks out of Italian Cabinet
      73 1 ROME A political crisis blew up on Wednesday as Foreign Minister Vincenzo Scotti walked out of the new government, only hours after it had won a crucial confidence vote in Parliament. Mr Scotti and Foreign Trade Minister Claudio Vitalone both rebelled against a
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  • MARKETS SUMMARY
    • Article
      Dow lower
      35 1 WALL STREET share prices opened little changed yesterday after Wednesday's steep rise, with the Dow Jones index of leading industrial stocks down just 0.56 point at 3,378.63 just five minutes after the opening.
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    • Article
      Footsie lower
      28 1 LONDON share prices were lower at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was down 12 points, or 0.4 per cent, at 2,411.2.
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    • Article
      STOCK INDICES
      31 1 Thursday Change BT-MGA 698.30 8 19) Kuala Lumpur ...598.56 -4-7.85 Tokyo 15,555.60 +459.65 Hongkong 5.829.83 *^7.46 Sydncv 1.621.0 +8.7 Wednessda Change New York 3.379.19 +45 12 London 1.815.1 +29.5
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.6130 100 Yen SS ***** MS S$ 0.6443 Money market rates Overnight 2-3/8 -j/8 3-month 2-3/8 -1/8
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    • Article
      COMMODITIES
      36 1 London GoW AM fix US$356.75 -US$1.45 Rubber S*porc Oct.... l43.75Vkg +0.25 M'sia Aug 221 */kg unch KL Tin Turnover 50 tonnes -5 Spot M$16.89/kg -0.16 Crode palm oil Turnover l.295lots -385 Oct M$829 /tonne +1
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  • Article, Illustration
    Oei Hong Leong making a comeback in Singapore
    595 1  -  Plan for office to tap region's raw materials for China factories From Catherine Ong in HONGKONG THE former boss of United Industrial Corporation (UIC), Oei Hong Leong, is making a comeback in Singapore where he plans to set up a regional operational
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  • Article
    SES approves relisting of EMS — but on Sesdaq
    410 1  - SES approves relisting of EMS but on Sesdaq By William Chia SINGAPORE Nearly two years after it was suspended from the main board, finan-cially-troubled video cassette maker Electro Magnetic (S) Ltd has received approval from the authorities to be relisted on Sesdaq. The company said yesterday this will take place
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  • Article
    Lock icon US 2nd quarter growth slows sharply
    170 1 Reuter WASHINGTON The US economic recovery slowed sharply in the second quarter because consumers cut their spending and the stimulus from foreign trade was lost, the Commerce Department said yesterday. In the quarter, gross domestic product (GDP) expanded at a 1.4 per cent annual
    Reuter  -  170 words
  • Article, Illustration
    Hungry ghosts set to spook property market
    311 1  -  By Colin Tan SINGAPORE Hungry Ghosts month, which began yesterday, is expected to take a big bite out of the property market. Estate agents say superstitious Chinese will avoid making major decisions until "the gates of heir close on Aug 27 which means
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  • Article, Illustration
    Shangri-La may reap windfall from Kuok's HK listing plan
    402 1  -  By Lee Han Shih SINGAPORE The proposed listing of a Robert Kuok company in Hongkong could lead to a huge windfall for one of his listed companies in Singapore, Shangri-La Ltd. According to a report in Hongkong yesterday, Mr Kuok plans
    402 words
  • Article, Illustration
    STII jumps to a whisker below 1,450
    150 1 SINGAPORE Strong buying by foreign and local investors pushed the key Straits Times Industrials Index up 19.43 points to close at 1,449.02 yesterday. Local bank and shipyard shares were among the prominent gainers. Trading volumes showed a marginal improvement over Wednesday's levels, although
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      433 1 riseiis I'ii COMPUTER PRINTER RIBBON MANUFACTURER MWE in talks MWE HOLDINGS is negotiating to purchase a large block of convertible unsecured loan stocks in Far East Asset to maintain its stake in the latter at 26 per cent, say market sources Page4 Poor debut by Eltech SESDAQ-listed Eltech Electronics made
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      4 1 Earlier report, Pg 11
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      104 1 Home away from home THERE are some 50 Singaporeans doing business and working in the Fujian city of Xiamen in China. A small number no doubt compared to the number in Beijing or Shanghai. But it is a fast growing number and the Singaporeans there have in common much more
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      13 1 Chesterton INTERNATIONAL International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Mt Charlotte questions for Parliament
        85 2 THE Government's investment in British hotel group Mount Charlotte comes under scrutiny in Parliament today. Workers' Party MP Low Thia Khiang (Hougang) has tabled a question for Finance Minister Richard Hu about the sum invested in the Mt Charlotte group and the loss, if any,
        85 words
      • Article
        August COEs
        118 2 THE next monthly tender for vehicle entitlements will open at 9am tomorrow and close at 4pm on Aug 7. Some 4,951 entitlements will be available, including 1,049 unused ones from previous tenders. Temporary certificates of entitlement (TCOEs) issued under categories 1, 2, 3, 4, 6 and 8 will
        118 words
      • Article
        URA introduces new counter
        41 2 THE Urban Redevelopment Authority (URA) will introduce tomorrow a public counter at the URA Building at Maxwell Road to handle all counter transactions except development applications, which will still be received at the MND Annexe A Building.
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      • Article
        Linking offices worldwide
        50 2 MULTINATIONAL companies located in Singapore can enjoy even better communications links with their offices in other parts of the world with the launch of Sprint Net yesterday. Sprint Net allows a company based here to link its computers in Singapore and overseas through just one network provider.
        50 words
    • Article, Illustration
      KL offers ailing Sabah ironworks to consortium
      519 2  -  ASM, Malayawata, Southern Iron in takeover talks From Leslie Lopez in KUALA LUMPUR A CONSORTIUM comprising three of Malaysia's top steel manufacturers has been asked to consider acquiring a state-owned hot-briquetted iron (HBI) plant in the Sabah state under a government plan to
      519 words
    • Article, Illustration
      Business chambers amend constitution of umbrella body
      360 2  -  By Diana Oon SINGAPORE All's well that ends well, as the saying goes, and no one will be more relieved than leaders of the five business chambers which make up the Singapore Federation of Chambers of Commerce and Industry (SFCCI). At a two-hour
      360 words
    • Article
      Oei's plan to start North Korean bank stymied by US ban
      273 2  -  From Catherine Ong in HONGKONG INDONESIAN tycoon Oei Hong Leong's plan to start up a bank in North Korea has been stymied by the United States' ban on direct US dollar dealings with Pyongyang. Through his Hongkonglisted China Strategic
      273 words
    • Article
      Custom-built computer network for contractors
      246 2 SINGAPORE A cus-tom-built computer network for the construction industry is expected to sharpen the competitive edge of local contractors when it goes "live" on Aug 12. ColnNet, or Construction Industry Network, will provide up-to-date prices for more than 200,000 building materials items and give details
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    • Article, Illustration
      Sydney building's receivers here to attract buyers
      435 3  -  At least 20 S'pore groups said to have shown interest in property By Hong Lee Tiam SINGAPORE The receivers of the Sydney office complex which houses the city's 587-room Hilton hotel arrived in Singapore this week, trying to entice local investors to buy
      435 words
    • Article
      Lock icon Hongkong airport talks end in another deadlock
      344 3 AFP HONGKONG Talks between the British and Chinese on Hongkong's US$2l billion (5533.9 billion) new airport ended in another deadlock here yesterday, with no date set for the next meeting. The deadlock, however, had only a mild impact on the Hongkong stock market,
      AFP  -  344 words
    • Article
      Lock icon US high-tech giants in research pact
      292 3 NYT NEW YORK Four of the United States* largest and most innovative high-technol-ogy fimffisaid they are forndng a consortium to take on one of the tonghest tasks facing conipnter makers: speedily transferring the solution of n problem from the part of the computer that
      NYT  -  292 words
    • Article, Illustration
      Sumitro appointment not a trend, says economist
      433 3  -  Reports oy Kenneth James SINGAPORE Indonesian economists are increasingly sought after by business groups in their country, but those making it to the top echelons of business are very much the exception, a leading economist said yesterday. Iwan Jaya Azis, the chairman of
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    • Article
      I prefer to play behind the curtain: Iwan
      170 3 SINGAPORE Institute of Policy Studies director Tommy Koh calls him "the ablest economist of his generation'* in Indonesia. But if Cornell-trained. Iwan Jaya Azis has not been more in the policy-making limelight, it is entirely his choosing. "I prefer to play behind
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      128 2 Hitachi, Ltd. HfTACHI CL Computers Pte. Ltd. present OPEN SYSTEMS SYMPOSIUM '92 5 b C Network V m Host l N J I Host I Special Guest Speakers Mr. David Coodall Mr. Michael Harte Opensoft Consultancy, UK Salelcom (U.K.) Limited on on "Transition Towards 44 Multiple Host Connections Open Systems"
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      74 3 CONVERSATIONS I RAFFLES "I think this time people have to send stronger signals to the government that the situation is not so good." Early In 1985, businessman-politician Tan Soo Khoon warned In Parliament that a recession was coming. The government Ignored his warning, but months later they had to take
      74 words
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      23 3 fcAHS- Tiffany Co. SINGAPORE: RAFFLES HOTEL. TEL: ******8 NEW YORK TORONTO LONDON MUNICH FRANKFURT BERLIN ZURICH MILAN FLORENCE HONG KONG SINGAPORE TAIPEI TOKYO
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        UOI reports lower interim earnings
        81 4 SINGAPORE United Overseas Insurance Ltd (UOI), which posted lower interim earnings, expects underwriting income for the entire year to fall below last year's record level because of a "difficult operating environment". In a statement, it said group net earnings for the six months ended June
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      • Article
        ICB's profits down 11pc
        48 4 SINGAPORE Industrial Commercial Bank (ICB), the listed subsidiary of the United Overseas Bank group, said group net earnings in the first half ended June slipped 11 per cent to $16.53 million from a year earlier. An interim dividend of 4 per cent was declared.
        48 words
      • Article
        DBS raises stake in Tat Lee
        33 4 SINGAPORE DBS Bank has bought 24,000 Tat Lee Bank shares for $74,770, raising its stake in Tat Lee Bank by 0.02 per cent to 13.43 per cent.
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      • Article
        New auditors for Rothman Ind
        19 4 SINGAPORE Coopers Lybrand has replaced KPMG Peat Marwick as auditors of Rothman Industries Ltd.
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      • Article
        Dunlop to sells refinery unit
        49 4 SINGAPORE Dunlop Estates Bhd has agreed to sell its entire stake in Malaysia Vegetable Oil Refinery Sdn Bhd to Eng Lam Co for Mslo million (556.4 million). The stake, comprising 10 million ordinary shares, represents the total issued and paid-up capital of the company.
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      • Article
        Recession overseas hits SNP
        85 4 SINGAPORE Turnover for Singapore National Printers (SNP) remained flat at $23.16 million for the half year ended June while net earnings fell 5.5 per cent to $1.11 million. Its earnings per share also fell 5.5 per cent to 2.9 cents. SNP said that the lacklustre performance
        85 words
      • Article
        Selprops' profits rise to M$6m
        46 4 SINGAPORE Selangor Properties (Selprops) has reported net earnings of MS6.I million (553.9 million) for the half year to April 30, 1992, against M 54.7 million in the previous corresponding period. Earnings per share rose to 1.8 sen from 1.4 sen previously.
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    • Article, Illustration
      Keppel Corp to submit proposal to develop Subic base
      448 4  -  Plan follows Sim Kee Boon's meeting with Ramos By Rahita Elias SINGAPORE Keppel Corp, long interested in developing the Subic Bay naval base, has moved one step closer to realising its dream of having a third shipyard in the Philippines. Keppel
      448 words
    • Article
      Ekran gets KLSE listing approval
      153 4 KUALA LUMPUR Ekran, which has gained control of Federal Cables, Wires and Metal Manufacturing (FCW), has received approval from the Kuala Lumpur Stock Exchange (KLSE) for a listing of its shares, including new shares to be issued to pay for its voluntary general offer of
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    • Article
      Lock icon MWE expected to buy a large block of FEA Culs
      484 4 MBT KUALA LUMPUR MWE Holdings is negotiating to purchase a large block of convertible unsecured loan stocks (Culs) in Far East Asset (FEA) to maintain its stake in the latter at 26 per cent, market sources said yesterday. FEA will
      MBT  -  484 words
    • Article
      Eltech closes below issue price on Sesdaq debut
      290 4 SINGAPORE Eltech Electronics made a poor debut on Sesdaq yesterday, closing at 63 or seven cents below its lissue price of 70 cents. r It wip the most active stock traced on the second board, %ith 9.77 million units changing hands. The
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    • Article
      Liem's firm buys 50pc stake in S'pore seafood processor
      277 4  -  By Genevieve Cua SINGAPORE Indonesian tycoon Liem Sioe Laong of the Salim group has bought a 50 per cent stake in home-grown seafood processor Wales Seafood (Singapore) Pte Ltd a move that ties in neatly with Salim's earlier food investments in
      277 words
    • Article
      BATS' interim net earnings rise 15pc to $18m
      245 4 SINGAPORE BritishAmerican Tobacco "Co (S) Ltd (BATS) yesterday reported that group net earnings for the six months ended i$ June jumped 15.4 per cesit to $18.6 million from a year earlier. i The jump in earning was achieved on the back of
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    • Article
      Does Cima really need to buy into the Faber Group?
      620 4  -  THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE Shares of Cement Industries of Malaysia (Cima) were sold down from M 54.16 to a low of M 53.28 at the end of last week after it announced plans to acquire
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    • Article
      Lock icon Two HK-based firms set sights on Chinese retail
      516 6 Mega projects planned for Fujian and Shanghai Reuter HONGKONG Two Hongkong-based companies are focusing on China's retail market, the next sector to take off as consumer clout grows in the booming south. The Chinese state-run conglomerates, which have their headquarters in the
      Reuter  -  516 words
    • Article
      HK group gets Melbourne hotel at reported A$40m below asking price
      268 6  -  Froa Florence Chong in SYDNEY THE Hongkong-based industrial and manufacturing group, FuShing Ltd, has acquired a Melbourne hotel for AS IS million (SSIB million) reportedly some As4o million below the original asking price. Although the purchase price has not
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    • Article
      Lock icon Westin Int'l in talks to buy Hongkong's Ramada
      315 6 South China Morning Post HONGKONG Westin International is said to be negotiating to buy Hongkong's Ramada Renaissance Hotel from the company founded by Paul Sun Chung Li. The 19-storey hotel in Tsim Sha Tsui, which has a price tag of more than
      South China Morning Post  -  315 words
    • Article
      Lock icon Du Pont's drive to cut cost paying off
      364 7 Reuter PHILADELPHIA Du Pont Co's multi-billion dollar cost-cutting drive has begun showing results as second quarter operating earnings topped expectations despite a slow economy, analysts said. "The numbers show that the cost cutting is working because the sales in the chemical businesses
      Reuter  -  364 words
    • Article
      Lock icon ICI may de-merge bioscience interests
      281 7 Reuter LONDON Britain's Imperial Chemical Industries pic (ICI) says it is considering a de-merger of its bioscience interests. The group said in a statement yesterday that this would allow ICI and the bioscience company "each to seize future opportunities and to respond more flexibly to
      Reuter  -  281 words
    • Article
      Lock icon IBM appoints parts distributor in Japan
      198 7 AP NEW YORK IBM has stepped up its drive to sell computer chips and other computer parts by authorising a local company to act as a distributor in Japan. Kuroda Electric Co Ltd of Japan would distribute computer memory chips, printed circuit boards and
      AP  -  198 words
    • Article
      Lock icon IBM seen moving slowly on revamp plan
      541 7 MARKET TALK Reuter NEW YORK International Business Machines Corp has made some progress in reshaping itself since it announced a decentralisation eight months ago, but analysts say much of the execution of its grand plans has yet to come. "They're doing all the
      Reuter  -  541 words
    • Article
      Lock icon Buybacks won't end Tokyo stock slump: analysts
      364 7 Reuter TOKYO Allowing share buybacks could benefit Japanese corporations and investors but would not pull the stock market out of its slump, analysts say. Rescuing the falling Tokyo market has become a crucial issue for the government of Prime Minister Kiichi Miyazawa, who
      Reuter  -  364 words
    • COMPANY BRIEFS
      • Article
        Sumitomo Chemical's profit slumps 61.5pc
        105 7 TOKYO Sumitomo Chemical Co's current profit for the half year to June 30 totalled 9.078 billion yen (SSI 13.4 million), down 61.5 per cent, the company said in a release yesterday. Sales totalled 321.228 billion yen, down 14.3 per cent, it said. Net profit was
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      • Article
        Siam Cement, Furukawa tie up
        86 7 BANGKOK The Siam Cement Co Ltd and Furukawa Battery Co Ltd have formed a joint venture to produce car and motorcycle batteries here for Thai and foreign markets. Siam Cement said Siam Furukawa Battery Co Ltd will initially produce 380,000 car batteries and 400,000 motorbike
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      • Article
        Daiei, leisure firm to merge
        83 7 TOKYO Japan's largest supermarket chain operator Daiei Inc said on Wednesday it would absorb leisure service firm Nippon Dream Kanko Co Ltd in March. The merger is aimed at salvaging the financially-troubled leisure company in Osaka, Daiei said. Nippon Dream Kanko, held 28 per cent
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      • Article
        Japan, China in oil search deal
        64 7 TOKYO A consortium of five Japanese oil exploration firms has agreed with a Chinese state-run oil concern to jointly develop two offshore oil fields in the Bohai Bay off China, said a spokesman from a company in the group yesterday. This is the first
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      189 4 S'pore stocks soar 19 points.. 18 Nikkei rebounds 24 fust as good hotels are hard to come by, true master chefs are like rare gems. However at Grand City, you'll have I the good fortune to find not one, not two but five culinary 'shi fus'. Hailing from Hong Kong,
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      367 5 If you're not using an HP LaserJet printer, your software could play tricks on you. All leading software is written with HP performance of the HP LaserJet printers, are told, all of the time LaserJet printers in mind. This ensures other printers have an unfortunate that the computer and the
      367 words
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      706 6 BANCA COMMERCIALEITALIANA (INCORPORATED IN ITALY WITH LIMITED LIABILITY ESTABLISHED 1894) HEAD OFFICE: PIAZZA DELLA SCALA 6, MILANQ ITALY CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 1991 Asscrs US$ millions) LIABILITIES AND SHAREHOLDERS' EQUITY <US$ millions) Cash and funds with the Central Bank 6,878 Liability t 1 c__ 8,539 Deposits and
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      532 6 NOTICES JW ii THE COMPANIES ACT, CHAPTER SO SECTIONS 2*1(1) FORM 9SA STATUTORY DECLARATION BY DIRECTOR Of COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name ol Company LEC INTERNATIONAL TRADING (SINGAPORE) PTE LTD Company No *****0129 C The Registrar of Companies/ The Official Receiver Singapore We, Susumu
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      197 7 Fly Emirates. East SINGAPORE TO JAKARTA THREE TIMES A WEEK. HHBUHIHK M"M- From 10th August you have the choice video systems in all three classes, JOg|jH| of flying three times a week direct from featuring a choice of two movie channels Singapore to Jakarta. and four channels of video entertainment.
      197 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        3 more Japanese banks cut short-term prime
        63 8 TOKYO Three more Japanese city banks, The Sanwa Bank Ltd, Dai-Ichi Kangyo Bank Ltd and Tokai Bank Ltd, said they will cut their short-term prime lending rates by a half percentage point to 4.75 per cent, effective Aug 4. Earlier, Sakura Bank, Sumitomo
        63 words
      • Article
        Yamaichi plans venture capital firm
        64 8 TOKYO The Yamaichi group, led by major brokerage Yamaichi Securities Co Ltd, is planning to start venture capital business in Singapore, a company spokesman said. It will establish a venture capital firm there in the current business year. The new firm will invest in and
        64 words
      • Article
        French, Chinese set up bank
        62 8 HONGKONG Banque Nationale de Paris and the Industrial and Commercial Bank of China will open a joint venture bank in Shanghai early next year. The official China Daily newspaper said the two banks were to sign an agreement yesterday to establish the International Bank of
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      • Article
        Seoul to grant Daiwa branch status
        62 8 SEOUL South Korea's Finance Ministry said it would for the first time give a Japanese securities firm approval to upgrade its activities in Seoul to branch status. In return for the approval to Daiwa Securities Co Ltd, South Korea's Coryo Securities Co Ltd is
        62 words
      • Article
        Commerzbank profits up 17.5pc
        37 8 FRANKFURT Commerzbank AG, Germany's third largest commercial bank, on Wednesday said group operating profits surged by 17.5 per cent in the first half of 1992, boosted by brisk credit demand from domestic customers.
        37 words
    • Article
      Bank loans to manufacturers up 10pc in May
      387 8  -  By Soh Tiang Keng SINGAPORE Bank loans to manufacturing expanded faster in May while loans to housing and commerce continued to show buoyant growth, according to latest figures released yesterday by the Monetary Authority of Singapore. The latest MAS monthly statistical bulletin
      387 words
    • Article
      Need for regulators to understand derivatives
      422 8  -  Too many controls may otherwise be imposed: consultant By S N Vasuki SINGAPORE Market regulators worldwide may be tempted to impose too many controls on the financial derivative business because they do not understand it, said Robert Heeps, a partner at Deloitte Ross Tohmatsu
      422 words
    • Article
      Lock icon No change in clean-up cost estimate of US loans disaster
      335 8 Reuter WASHINGTON Treasury Secretary Nicholas Brady said the Bush Administration continues to estimate that the clean-up of the savings and loan disaster will cost US$lOO billion (SSI6I billion) to US$l6O billion, with i final costs possiblv around US$l3O billion. "The
      Reuter  -  335 words
    • Article
      Lock icon SEC makes it easier for small US firms to raise capital
      317 8 Reuter WASHINGTON The Securities and Exchange Commission voted on Wednesday to loosen regulations to make it easier and cheaper for small companies to raise money in the stock and bond markets. The plan would permit small businesses many of
      Reuter  -  317 words
    • Article
      Lock icon Midland reports interim profit of £89m
      183 8 AFP LONDON British bank Midland reported yesterday that it made a taxable profit of £89 million (*****.6 million) for the first half of this year, against a pre-tax loss of £71 million in the year-earlier period. Analysts had forecast a first-half profit of £56-£125
      AFP  -  183 words
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      614 8 in ri i i (Km iiw m ***** irki a rki i 's Ui^sSi^^9E^^PBSi^^^^P^flli^'^ i > iwffifc >.. '1p imr-r--, ■>•■ jIB .2A 111 «k tf jP U r1 1 HH|HHI rj uiim jqj r" TVB IUIVW fc Business Times harnesses both local and regional news, presenting analyses vital for
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  • THE REGION
    • Article
      Lock icon Ramos fails to produce changes since taking office
      495 9 AP MANILA When he took office on June 30, President Fidel Ramos promised to "hit the ground running". But after a month of lofty words and feeble deeds, many fear that urgent problems left unsolved by former President Corazon Aquino may continue
      AP  -  495 words
    • Article
      Lock icon Creditors upbeat about economy but worry over power shortage
      312 9 Reuter MANILA The Philippines' major creditors are optimistic about its economic future but concerned about law and order and a chronic power shortage, officials said on Wednesday. "The mood out there is very positive towards this government. There is renewed interest
      Reuter  -  312 words
    • Article
      Lock icon New data show recovery underway in Australia
      430 9 AFP, Reuter SYDNEY A sharp rise in imports and a jump in building approvals shown in data released yesterday are the latest signs that the Australian economy has begun its long awaited recovery from recession, analysts said. Coming 24 hours after figures recording
      AFP,; Reuter  -  430 words
    • Article
      Lock icon Thai military shows support for top brass
      470 9 Bangkok awash with talk of shake-out, coup AFP BANGKOK With the sword of accountability hanging menacingly over Thailand's top generals, the military is closing ranks to stop its leaders from being reprimanded for crushing the May 17-20 protests with bullets. The military delivered
      AFP  -  470 words
    • Article
      Lock icon Chaovalit denies communism charges
      316 9 AFP BANGKOK A former supreme military commander has formally denied charges by ousted prime minister Suchinda Kraprayoon that he is a communist and wants a "presidium system" of government in Thailand. Chaovalit Yongchaiyudh, who is suing Mr Suchinda for defamation, told the Bangkok Criminal Court on
      AFP  -  316 words
    • NOTE BOOK
      • Article
        Plans to build biggest Thai hydro-power plant
        96 9 BANGKOK The state-owned Electricity Generating Authority of Thailand (EGAT) plans to build the country s largest hydro-power plant as part of a scheme to triple its power production capacity in the next 14 years. The Lam Takhong plant, expected to have a capacity
        96 words
      • Article
        Call to dissolve Phnom Penh govt
        78 9 PHNOM PENH The Khmer Rouge has told the United Nations that the Phnom Penh government will have to be dissolved before proof can be provided that Vietnamese troops are still in Cambodia. "As long as the so called 'government of the state of Cambodia'
        78 words
      • Article, Illustration
        M'sia launches new graded rice
        51 9 KUALA LUMPUR Malaysia's National Padi Board di-rector-general Mohamed Amir Yaakub launching a new special graded rice named "Maya Super" yesterday. The rice, grown in Selangor state, is the first Malaysian rice to join the ranks of nine other special graded rice now available on the
        51 words
      • Article
        Imelda Marcos meets bankers
        86 9 HONGKONG Former Philippine first lady Imelda Marcos was scheduled to meet Hongkong bankers yesterday as part of her search spiced with visits to the colony's luxury shopping arcades for her late husband's lost riches. A source close to the Marcos party said she was scheduled to
        86 words
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      114 9 DPR OF KOREA EXHIBITION Organised by Unirich Trading Ptc Ltd On exhibition siles in Singapore, is a unique collection of excellent art objects from the DPR of Korea. a Included in the exhibition will be some of the most exquisite Koryo art porcelains, masterpieces of Korean paint- B ings and
      114 words
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      295 9 Hamilton Islands Australia's best International Island Resort part of the world famous Great Barrier Reef. For sale substantially below replacement cost. fIIC Sf***" LOS ANOELESk SANfRANCISOT* am* RmatcOo—r c y jftk I auMtr- Over the next decade, tcxirism is set M a>u 1 Key inclusions in sale. to become Queensland's
      295 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        French unemployment at record high
        87 10 PARIS The number of people unemployed in France rose by 12,100 in June to a record seasonally adjusted total of 2,924,700, the Labour Ministry said yesterday. The unemployment rate was 10.3 per cent, which the Ministry said was unchanged from May. The May rate was
        87 words
      • Article, Illustration
        Honecker sent to Berlin jail
        129 10 BERLIN Sixteen months after he fled to the Soviet Union to avoid trial for multiple homicide, former East German Stalinist suprefrio Erich Honecker was flown back to Berlin on Wednesday and immediately thrown in jail. It marked a new chapter of humiliation for the 79-year-old
        129 words
      • Article
        No asylum for Bosnia's refugees
        89 10 •SARAJEVO The United Nations succeeded in getting a large road convoy to the aid of beleaguered Sarajevo, but Tailed to persuade European governments to ofler asylum rather than money to refugees fleeing Bosnia's bloodshed. [Bosnia's warring factions agreed in London to set up a [committee
        89 words
      • Article
        Koreas fail to unblock impasse
        68 10 [SEOUL North and South Korean officials talked for ;more than three hours yesterday but stumbled over the same obstacles blocking the implementation of their nonaggression pact. "Discussions were held and both sides exchanged opinions. It ended that way with no agreements •made." a southern spokesman
        68 words
    • Article
      Lock icon S Korea, Russia to expand military exchanges: report
      318 10 AFP SEOUL South Korea and Russia have agreed to upgrade military exchanges in line with increased political and economic exchanges, a press report here said yesterday. South Korea's Yonhap news agency, in a dispatch from Moscow, said Gen Song Eung Sup, first
      AFP  -  318 words
    • Article
      Lock icon Ottawa faces tough battle to sell Nafta to Canadians
      325 10 Reuter OTTAWA Canada's government appears ready to bite the bullet and sign an expanded trade deal with the US and Mexico but selling it to Canadians could prove more difficult. Canada's Trade Minister Michael Wilson left a meeting of the government's
      Reuter  -  325 words
    • Article
      Lock icon Economic disaster threatens Ukraine, warns minister
      253 10 Reuter KIEV Economic disaster is threatening to engulf Ukraine but could be averted within three months if Ukrainians will face the need for draconian discipline, the country's new economic supremo said. First Deputy Prime Minister Valentin Simonenko, appointed this month, painted a bleak picture
      Reuter  -  253 words
    • Article, Illustration
      Lock icon Yeltsin wants new Constitution to grant him sweeping powers
      453 10 Reuter MOSCOW Russian President Boris Yeltsin has launched a fresh attack on his conservative parliamentary foes by saying that he wants a new Constitution which would grant him sweeping powers to be passed next year. He told a Constitutional Commission meeting
      Reuter  -  453 words
    • Article
      Lock icon IMF too optimistic about Japanese economy: US
      483 11 Washington angiy at support for Tokyo Reuter WASHINGTON The US has sharply criticised the International Monetary Fund for taking what it believes is an over-optimistic view of Japan's troubled economy, international monetary sources said on Wednesday. The criticism came at a closed-door meeting
      Reuter  -  483 words
    • Article
      Lock icon Wary American consumers, weak foreign sales slow US recovery
      396 11 Reuter WASHINGTON A potent stew of fading overseas markets and cautious domestic consumers slowed the struggling US economy to halfspeed in the second quarter, according to analysts surveyed by Reuters. The US gross domestic product rose at a 1.7 per cent
      Reuter  -  396 words
    • Article
      Lock icon UK post office may be privatised after all: papers
      161 11 Reuter LONDON The UK government, in a departure from previous policy, said the country's post office may be privatised after a wide-ranging review of its structure and organisation, newspapers reported. Trade and Industry Secretary Michael Heseltine said he could not pie-judge
      Reuter  -  161 words
    • Article
      Lock icon Latin America bounces back from disaster
      501 11 FT LONDON From being regarded as a financial disaster zone two or three years ago, Latin America has emerged as hot financial property. Some Latin countries are now regarded as the likely economic "tigers" of the *****. Capital has started to flow into the
      FT  -  501 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      389 10 British-American Tobacco Company (Singapore) Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors is pleased to announce the following unaudited results for the six months ended 30th June 1992. SIX MONTHS TO 30THJUNE mmmmmam the group imh 1992 1391 $000 SOOO Turnover 161,531 146,044 +10.6 Operating Profit
      389 words
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      Page 10 Advertisements Column 2
      653 10 UNION BANK OF FINLAND LTD Statement of accounts for the yaar ondod 31 at Dacember IWI Consolidated Balance Sheet <rm mi.) Consolidated Income Statement (fw mM.) ASSETS si.tt.iwi fl.i-si.ia.isM L S2hinhl2d ***** Mere* Income Dimfrom Bank of Finland 2215.7 income torn fecial finance operations 382.2 flflOOJ Dua from other banks
      653 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      224 11 Browning FULL SET CLUBS ECLIPSE 3X9 (GRAPHITE) W FREE BAG PUTTER. $950 V w r m (GRAPHITE) £2*oo FREEUSATROLLEY fr 1/YIA FREE BAG PUTTER. 3>IOUU A J J July to 2nd Aug FREE BAG PUTTER. $650 1O Sk ITI tO 6 p ITI PEGASUS 4X9 &W FREE BAG PUTTER. $590
      224 words
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      Page 11 Advertisements Column 2
      428 11 Before you take your firs£ step, we take 250. SINCE 1873,Church&Company has to elegant Available at IsetanOrchard.Robinsons. been producing classic English shoes. city shoes C,ndCTe a SlWe Some 2*>ostages go into the making of and relaxing fff 'Shaw Centre). a pair as they are handed from craftsman casuals, each is
      428 words
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  • Article
    Trimmer Japanese operations
    483 12 EDITORIAL MIRED in labour problems and driven to relocate taken out of perspective, this description of the state of the small Japanese manufacturer in Singapore paints a dismal picture of production prospects here. Add to that the resulting job losses, if not outright plant closures, from the
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Japan learns a new skill
      329 12 JAPAN'S hardworking millions may not like it. but rabbit hutches and "more elbow room on the morning train" have become a metaphor for Japanese life. This is a coinage not of sour-grapes detractors of the Edith Cresson type but of their own prime minister Kiichi
      329 words
    • Article
      Halal niche
      74 12 THE halal food market is big, valued at SS96 billion last year. Singapore has a share of only Ssl.9 billion seemingly a small figure but an important indicator to the republic's potential. The second Imfex (International Muslim Food and Technology Exhibition) plus an international convention on halal issues
      74 words
    • Article
      Saddam and the US
      113 12 ALTHOUGH the UN weapon inspection team has entered the Agriculture Ministry building in Iraq, US military deployment in the Persian Gulf is still on the increase. What is the US trying to do? The answer is simple: To maintain a strong military force to force President
      113 words
  • REGIONAL VIEWPOINTS
    • Article
      Curbing speculation
      237 12 THE announcement this week by the Commissioner for Inland Revenue, Mr Anthony Au Yeung, that he plans to crack down on speculators who sell their property for a quick profit, is encouraging. At a time when property has risen beyond the reach of many, action by the government
      237 words
    • Article
      Thais and the US election
      140 12 AMERICA is in one of its most stubborn recessions ever, with high unemployment rates pushing voter dissatisfaction with US President George Bush to high levels. Whether this will lead to a campaign marked by hard-hitting discussion of important issues, however, remains to be seen. The
      140 words
    • Article
      Tension in the Gulf
      134 12 THE American president's exasperation over Iraqi President Saddam Hussein's defiant attitude can be easily understood. For President Saddam, the problems are not really thai much different. With his position apparently once more consolidated, the Iraqi leader has no choice but to keep up the bravado, even
      134 words
  • Article, Illustration
    Lock icon Investors numb to Swedish charm
    717 12  -  The Swedish government's attempt to attract foreign investors has met with only marginal success. Jerry Simonsson looks at why its efforts nave not yielded the desired results Jerry Simonsson Reuter SWEDEN'S government has been working eagerly on turning the country into a foreign investor's paradise
    Reuter  -  717 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      247 12 THE WINNING EDGE JN-DEPIH BUSINESS gyPf NFWS 111J T T U For over two decades Singapore Business has covered the local and regional business scene with more depth and breadth from a perspective which is more relevant to local businessmen than any other publication. Some may call it an i|
      247 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Lock icon The difference between goods and services
      676 13 Governments are winning the battle against the price inflation of manufactured goods, but the price of services is still rising rapidly The Economist THE AVERAGE inflation rate in the big seven industrial economies fell to 3.2 per cent in the year to June, down
      The Economist; Source: US Department of Commerce; Bank of Japan; Bundesbank; INSEE: Goldman Sachs; OECD  -  676 words
    • Article, Illustration
      The lure of Xiamen
      1289 13  -  More and more Singaporeans are making their way to Xiamen in the Chinese province of Fujian. BTs Hongkong Correspondent Catherine Ong finds out what the attraction is for them Catherine Ong BY SOME accounts, Singapore-born Severino Soliano is the most famous foreigner in this somewhat laid-back
      1,289 words
    • Article, Illustration
      From capitalism to communism and back
      871 13 WHEN SHE took the slow boat to China in 1954 in pursuit of communist ideals, Kua Suat Kee did not expect she would be exiled from Singapore for the next 30 years. Nor did she reckon that the next time she returned to the
      871 words
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  • FOCUS
    • Article, Illustration
      Lock icon Seeking that elusive second wind
      1049 14 Europe's small-company stockmarkets, such as Britain's USM and France's Second Marche, are ailing. Can they be revived? The Economist STOCKMARKET nostalgia for the 1980s grows with every new fall in equity prices. For small firms, the nostalgia is understandable: the 1980s were indeed boom years.
      The Economist; Source: London Stock Exchange;Societe des Bournes Francalese,Hasdaq  -  1,049 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      49 14 Work W. with a Cricket. Complete with state-of-the-art, cricket-like amis, Diethelm's latest series of higfr-tech DI6TH6LM[#] chairs cane with innovative features like a separate back and seat tilting mechanism in a lshentorWay #01-02 Treasury fully adjustable, ergoncmic design* The Cricket Series. The office chair for the Individual. sm^o*olo6.th: 2253*8
      49 words
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      Page 14 Advertisements Column 2
      84 14 CLOUD 9 MUSIC LOUNGE presents OUR LOCAL MUSICIANS DUAL PURPOSE" PIANIST AND GUITARIST ENTERTAIN U WITH EVERGREEN SONGS AND CHASE AWAY THE BLUES 6.00PM TO 9.00PM AT 24 DUXTON HILL TEL *****78 *vJ' ANY PROBLEM HI GETTING YOUR NEWSPAPERS? ■II Call *****77 (SPH Circulation l|j|H ■J Customer Services Hotline) for
      84 words
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  • OLYMPICS '92
    • Article, Illustration
      Lock icon Chinese blazing a golden path
      816 15 NYT BARCELONA Reveling in the spotlight focused on the XXV Summer Games. China has emerged as an Olympic superpower and is challenging for a share of in- te|rnational sports prestige long accorded only to the United States, Germany, and former Soviet Union. 3ith three more
      NYT  -  816 words
    • Article
      Lock icon Last hurrah for former Soviet gymnasts
      473 15 AP BARCELONA Vitaly < Scherbo projects the idea he c4n do little wrong in gym- 1 nasties. For one last time, the i OS Team followed his lead. i The best men's gymnastics programme in the world bid goodbye in style on Wednesday to
      AP  -  473 words
    • Article, Illustration
      Lock icon A demanding perfectionist
      597 15 AP BARCELONA He looks ominous, a bear of a man with a bushy mustache and a glare that could cut you in half. Bela Karolyi always demands the best; perfection from the pint-sized youngsters learning gymnastics at his school; and 10s from judges evaluating the performance of
      AP  -  597 words
    • Article
      Lock icon When Cuban eyes are smiling — in wet and windy Ireland
      478 15 When Cuban eyes are smiling in wet and windy Ireland Reuter S jt BARCELONA Irish folk 2ngs have an added poignancy for Nicolas HernanCruz. ■j It is tot that the Irish <3yxnpic boxing coach is an <fti sentimentalist just At It'M a long way to Tipperfib tales on a new
      Reuter  -  478 words
    • OLYMPIC FEATS
      • Article
        Three British competitors test positive
        80 15 TOP BRITISH sprinter Jason Livingston and two weightlifters were named yesterday as the first major drug offenders of the Barcelona Olympics. All were ordered out of the Games Village by the British team after failing tests taken before they came to Barcelona, the British Olympic
        80 words
      • Article
        Courier, Graf breeze through
        67 15 TOP SEEDS Jim Courier and Steffi Graf lost three games combined yesterday in second-round victories. Courier won the final 14 games in a 6-2, 6-0, 6-0 trouncing of Israel's Gilad Bloom. Graf then eliminated Brenda Schultz of Holland, 6-1, 6-0. Seventh-seeded Guy Forget became the third
        67 words
      • Article
        So close...
        107 15 MELVIN STEWART missed an Olympic record by five-hun-dredths of a second in the 200 m butterfly heat yesterday, while Alexandre Popov of the Unified Team qualified ahead of world record-holder Tom Jager in the 50 freestyle. Stewart, the world record-holder from the US, qualified first in 1 minute,
        107 words
      • Article
        IAAF's call
        57 15 INTERNATIONAL Amateur Athletic Federation (lAAF) president Primo Nebiolo yesterday called on other sporting federations to help combat the growing problem of athletes appealing to civil courts. American sprinter Butch Reynolds, suspended for two years after testing positive for drugs, won a US Supreme Court injunction in June allowing
        57 words
      • Article
        First on target
        73 15 LAUNI MEILI won the women's small-bore rifle three-posi-tion title to bring the US its first shooting medal of the Olympics yesterday. Fending off a gallery of eastern European opponents, the 29-year-old dietician set the pace from the opening prone position leg and achieved a new Olympic record
        73 words
      • Article
        This one's for freedom
        50 15 AFANASIJS KUZMINS won an Olympic medal for newly-in-dependent Latvia yesterday. His silver medal in the Olympic rapid fire pistol shooting title was Latvia's first Olympic medal since 1936. "This is a medal for freedom," said Kuzmins, who won the gold for the Soviet Union in Seoul.
        50 words
      • Article
        UK beats India in hockey
        92 15 DEFENDING champion Britain dealt India a virtual knockout blow in men's hockey yesterday, coasting to a 3-1 victory to stay as medal contenders. Sean Kerly and Robert Thompson scored once each in three action-packed minutes of the second half to seal India's fate at the
        92 words
      • Article
        At last count
        119 15 AT PRESS TIME last night, the CIS had double the USA's number of gold medals: 14 to the USA's 7. China, with 6, was breathing down the USA's neck. If the US track and field stars fade the way they have largely done in gymnastics and swimming,
        119 words
    • Article
      TODAY'S SCHEDULE (Singapore time)
      320 15 ARCHERY: Women's qualifying rd: 3pm: 70 metres, 60m Men: 7pm: 90m, 70m ATHLETICS: Men: 4.30pm: 100 m (Ist rd) 12.10 am (Saturday): High jump (qualifying rd) 12.35 am: 100 m (2nd rd) 12.55 am: Shot put final lam. 800 m (Ist rd) Women: 3.30pm: 100 m
      320 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      882 16 Nothing Beats A BucLTBS WHERE T W|NE dine G or SINGAPORE'S BEST CATCHES] ....AT PLUM'S **********1 l Deep fried crispy baby squid. Mariaafed ttiaj ray in banana leaves. Black pepper crab. Tbete are only some of tbe many sizzlia) seasatieas that are takiag Plum's by storm this moath. As oar
      882 words
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      Page 16 Advertisements Column 2
      181 16 PERFO^EDDAILYAT Amidst Imperial splendour our chefs stage their highly-acclaimed performance rimf of legendary Belong cuisine to the satis- 9BBn faction of demanding dlners.To guarantee IF/ *V your place amongst the discerning, make *1 your reservations early. C Dinner: 7pmto 10.30pm hbS 333 Orchard Road. Singapore 0923 Tel *****11 m nSSSSah
      181 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      617 16 TELEVISION AND RADIO T net nvi/4 sbci* r aw* mo SSffiffivif''.' business on radio -I—/U-Sl allQ Qvulll 555 Opening, followed by followed by W BBC. 88.S nMz in VHF Baad I b—lo.rsz-"-''isSSLa SMS-set 1 6.55 Hi Opening followed by Bv- 6.45 oeerteo»e(C). 10 30 o*mpie HfcMtfrts. ■■M™ I"™™™"1"™™™" celmm Olympics
      617 words
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  • LIFESTYLE
    • Article, Illustration
      The Anglo-Indian connection
      1171 17  -  Harish Mehta meets a Bangalore scholar who has drawn startling parallels between a south-west Indian dialect and Merry Olde English Harish Mehta There lives a man in Bangalore who believes that the English language travelled from the south-west coast of India and finally reached what is now
      1,171 words
    • Article, Illustration
      Lock icon In a lather over soap opera
      645 17  -  A 249-part TV serial about a tormented Mexican girl has taken the former Soviet Union by storm. Anatoly Verbin finds out why. Anatoly Verbin Reuter RUSSIA'S hardpressed millions are forgetting their woes with a schmaltzy soap opera. For 45 minutes every evening, the hardships
      Reuter  -  645 words
    • Article, Illustration
      Williams settles US$6m herpes suit out of court
      605 17 COMEDIAN Robin Williams has reached an out-of-court settlement in a US$6.2 million (Sslo million) lawsuit in which his former lover accused him of infecting her with herpes. The settlement, the details of which were not disclosed, was filed in the San Francisco
      605 words
    • Article
      Lock icon Doctors caution against drug
      366 17 AP RITODRINE, a drug used by thousands of women each year to stop premature labour, is close to worthless and can have deadly side effects, doctors said yesterday. A study in the New England Journal of Medicine found the drug delays delivery for a day or
      AP  -  366 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      262 17 AND ENTERTAIN SUMPTUOUS SEAFOOD The freshest Catch-from-the-sea prepared in authentic ASEAN-style. Buffet Dinner is available nightly from 8-31 July 1992 7.00 pm to 10 JO pm ANA HOTEL For reservations please call r 16 Uassrr H4 Sngwor* '025 732-1222 ext 1700 t*«p. m 1222 LOVE ME TENDER. Love me irue.
      262 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Lock icon Blue-chip buying pushes SHI close to 1,450
      4030 18  -  By S N Vasuki BLUE-CHIP COUNTERS received the favourable attention of local and foreign investors yesterday and this pushed the Straits Times Industrials Index 19.43 points higher at 1,449.02. However, overall trading volumes continued to lag. Volumes on the combined boards rose modestly
      SOURCE: BRIDGE INFO  -  4,030 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      60 18 Comment GOLDEN HOPE Plantations has solid long-term support at $1. On the top end, it has been checked by a short-term resistance at $135. A break above that level would be bullish, but the stock looks more likely to drift for the next few weeks. There is no clear trend
      60 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2922 19 I', DBS Foreign 1350 70 +5.5% OCBCFomgn 1340 +70 +5.5% SPH Foreign 1300 60 4.8% CMB Packaging 545 +35 +6.9% FAN 1050 30 2.9% inchcape 580 +30 5.5% Keppd Corpn 685 30 Jurong Ship 50" 795 +25 3-2% DBS 1140 +20 +1.8% Singmanne 50" 442
    2,922 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      111 19 SKnel YOUR KEY TO !Sf BETTERBUSINESS DECISIONS! Shine is Singapore Press Holding?' inforich database financial statements highlights, graphs, latest results 1035. Haacl Ongon 740 1771 ot SUM on Teleview, which incidentally is the most advanced and company news. TonyChuon videotext system in the wodd. For a subsenpnon fee of only
      111 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3340 20 Gentings 30* 830 23 3.1* Sungei Way 194 +18 +10.2% M Banking 560 +10 +1.8% MISC Foreign 466 +10 +2.2% Magnum Corp SO* 466 +10 2.2% Multi-Purpose 78 W 716 +10.6% MUI 172 +7 +4.2% Tasek Cement 272 +7 +2.6% Choc Prod 50* 69 6
    3,340 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      572 20 BUSINESSTIt^S Toll-free Tel No: 737-0043 Fax No: 734 3608 IN THE HIGH COURT Ol THE REPUBLIC OF SINGAPORE Companies Winding Up No. 168 of 1992 In (he Matter of the Companies Act (Cap. 50) And In the Matter of I.IWICK INVESTMENTS (SINGAPORE LIMITED ADVERTISEMENT OF PETITION Notice is hereby given
      572 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices close higher on late buying support
      5125 21 Bernama SHARE PRICES in Kuala Lumpur closed higher yesterday as buyers returned in the afternoon following a sharply higher closing in Tokyo, brokers said. The KLSE Composite Index gained 7.85 points to 598.56 and the Emas Index firmed 1.23 points to 145.39 while
      Bernama  -  5,125 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      314 22 CwnpMy Date Ymt few* Itet Nat aaratap 6ms aim to prom/Ims (L) per slum CM*) (caats) C* Tang Jul 23 Mar 92 53,802($6,552) 9.2(168 6(6) Causeway Jul 22 Oec 91 $358l($1.808) -(5.S) J Cement Jul 22 Mar 92 $10,044($3,126) 28 5(89) 125(7.5) Asia Pac Ld Jul 20 Jan
      314 words
    • Article
      PRELIMINARY RESULTS
      201 22 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) par share dividend ('000) (coats) Rash id Hussa.n Jul 24 May 92 M$68,279(568,223) 24 4(33) 5(5) YTL Corpn Jul 24 Jun 92 M$42.505($30.951) 17 3(13 6) 10(10) Sri Hartamas Jul 21 Dec 91 MS955L(J14.874L) Khong Guan
      201 words
    • Article
      INTERIM RESULTS
      228 22 Company Date Half-year Group pro-tax tateriw ann to pioAt/loss (L) dhrkteod (000) Lara) General )ul 29 Jun 92 M$***** ($25,284 3(5) Set Properties Jul 29 Apr 92 M$9 932(17.904) MU Mfg Jul 28 Jun 92 M$6.665($13 581) 12(12b) Semb Shipyard Jul 28 Jun 92 $71.234($51.061) 8(8) IH Securities
      228 words
    • Article
      RESULTS FORECAST
      102 22 CM Last Fri Tear Forecast Bate fct Id Pratt EPS mmi T«r EPS Cms pratt lap tap Cwpqf PirW M jr (eh) tn (SIN) MM F Apr 30 Dec 91 1.5 8.946 140-27 6 2.4-26 M Draig F W 18 Mar 92 26 30 4,921 2.1—53 1 1—2.7
      102 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      948 22 Tram Registered Substantial U,/ Ho. of kmovni SharefcoMiog Stock Date Holder SlurekoWer/Director Sell shares Before Afttr Tat Lee Bank 28/07/92 CDPl DBS Nominees (Pte) Ltd DBS Bank B 24.000 74.770 23.203.882 1341 23.227,882 1343 Tat Lee Bank 27/07/92 DBS Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd B
      948 words
    • Article
      OTHER RESULTS DUE
      579 22 MbBnt* latMVNr (■M taM Mt Tot ffS tnm M wmmmt edhg (cts) pnft M jot prut) US Fraf Nm 6 W 91 30TE 17 .878. Iwl Ran Intenm M 30 Dec 92 6.6 5.0 6.076 n Interim Jul 30 Dec 92 61 80 8.227 Stawtaa Intenm Jul
      579 words
    • Article
      DIVIDENDS ANNOUNCED
      578 22 Currant Ex Seeks Dale Total fir Total lor Myeeit date deee payaWi tfce year last year Mri ttdgs 50c 61(b) Ajg 26 Sep 7 Sep 24 6% 6% Anal 25c 10% Aug 21 Aug 27 Sep 10 10% 10% Am Pic Ld 50c 2%(b) Jul 23 Aug 6
      578 words
    • Article
      CORPORATE DEVELOPMENTS
      596 22 M2S Homegrown oil giant Smgapore Petroleum Company Ltd has held preliminary talks with two Vietnamese oil companies to set up technical and commercial ventures in Vietnam. ki 26 CK Tanc Ltd expects its trading division to double its contribution in two to three years' time and is aggressively
      596 words
    • Article
      APPROVED ISSUES
      449 22 Company Rights Issue Ea 1m Sang Three-tor-one SI 05 per staff Ei-date km 17 Books Cto* Jun 27 Acceptance I Payment Aug 3 MM Three-tor-four at MSI 00 per share Ei-date Jun 9 Books dose Jun 24 Acceptance I Payment Aig 7 S Fiona One-tor-two SI 10 per
      449 words
    • Article
      PROPOSED ISSUES
      510 22 Wan Tech Onafor-oia >1.00 par share M SM Orafor-tNrae MS2.20 per *an Issue of *****m 50% Cumuhtiw Redeemable Preference shares of 10 tan each 1992/97 (CflPS) with up to *****m Transferable SUacnptoo Rights (TSR) for an agpegalte pnce of MSI per CRPS with one TSR. on the bass
      510 words
    • Article
      SCRIPLESS CONVERSIONS
      88 22 Conversion Special Trdg Scripless Conversion deadline Period Trading Company starts (IDP) (ST) starts \mcol Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 Harimaa Jul 17 Aug 13 Jul 31 Aug 13 Aug M Lim
      88 words
    • Article
      COMPANY MEETINGS
      171 22 Butit Sembawang Estates Ltd: 26tti AGM EGM at the Summit Room, Valley Wing, Lobby Level, Valley Wing, Shangri-La Hotel Ltd, 22 Orange Grove Road. Singapore 1025, on Friday, August 7, at noon Overseas Union Trust Ltd: EGM at the Board Room, 45th Storey. OUB Centre, 1 Raffles Place.
      171 words
    • Article
      RECORD HIGHS & LOWS
      148 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mt 1316.68 (21/2/92) 1992 tatft *****2 (2^1/92) 1992 taw: 1191.31 (9/4/92) 1992 Inr 1352 83 (9/4/92) 1991 Mc 1333.08 (3/6/91) 1991 N* 1565.58 3/6/91) 1991 taw 1022.52 (16/1/91) 1991 tar. 1149 08 (16/1/91) 1990 Mc 1435 43 (16/7/90) 1990 h*
      148 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      340 22 In local carr In S$ In US$ N d> S >t S dy S >r N d> vr July 29 Index chge chge chge chge chge chge World 370.9 0.2 -9.2 -0.2 -9.4 -O.I '-8 9 JEAFE 420.8 -0.6 -46.2 -1.0 -15.8 -0.9 -15.4 Europe
      340 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Merrill Lynch recommendation boosts sentiment
      1822 23 Reuter SHARE PRICES edged higher in moderate trading on the Thai stock market yesterday, with the Stock Exchange of Thailand Index closing up 3.08 points at 739.66. "There was some good news in that Merrill Lynch recommended foreign investors invest in Thailand rather than Hongkong
      Reuter; Source: Bridge Info  -  1,822 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close mixed in quiet trading
      927 23 JAKARTA share prices closed mixed in quiet trade yesterday with interest focused mainly on banks, broker said. The BT-Pacific Index rose 3.64 points to 589.21. Bank Internasional Indonesia 11 closed 100 rupiah higher at 3,150 with 140,500 shares traded. Bank Bali rose 50
      Source: Bridge Info  -  927 words
  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon China B shares climb, A shares weak to stable
      342 23 Reuter CHINA shares finished mixed yesterday with B shares posting sharp gains, while A shares were steeply lower to little changed. Shenzhen Properties, Bicycles and Petrochemical led the rally by all surging over 3 per cent. Shenzhen A shares, however, were
      Reuter  -  342 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei rebounds on advances in futures
      2555 24 AFP, Reuter TOKYO share prices rallied in quiet trading on the Tokyo Stock Exchange yesterday, encouraged by advances in futures prices as investors stepped up short-covering moves, dealers said. The Nikkei Average of 225 blue chip issues closed at 15,555.60 points, up 459,65. The
      AFP,; Reuter  -  2,555 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices fall on deadlock in airport talks
      2522 24 Reuter, Bloomberg HONGKONG share prices closed moderately lower yesterday after two days of rises in moderate trading upon news of another deadlock in the airport talks. The key Hang Seng Index fell 27.46 points to 5,829.83 on a turnover of HK52.085 billion. All
      Reuter,; Bloomberg  -  2,522 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close firmer but off day's high
      2096 25 Reuter SYDNEY stocks closed modestly firmer but off their highs after disappointing local economic data overrode the effect of strong gains on overseas markets. After peaking at 1,622.7, the All Ordinaries Index closed 8.7 points up at 1,621. The All Industrials gained
      Reuter; Source: Bridge Info  -  2,096 words
  • REGIONAL STOCK MARKETS
    • Manila stocks up in line with New York
      • Article
        MANILA
        553 25 MANILA share prices rose yesterday as investors took the cue from the surging Dow Jones Index in New York to position themselves for an expected turn- around in the market later in the year, brokers said. The Manila Stock Ex- change Composite Index climbed 10.41 I points to end
        553 words
      • Article
        TAIPEI
        501 25 TAIWAN stocks extended early gains yesterday to finish sharply higher across the board as institutions bought lowpriced shares and blue chips, brokers said. The Weighted Index ended 82.21 points up at 4,029.53. Turnover was moderate at NT521.55 billion after Wednesday's NT521.47 billion. Brokers said institutions continued purchases of low-priced
        501 words
      • Article
        SEOUL
        814 25 SEOUL stocks ended only slightly higher in extremely quiet trade as investor sentiment, which started well in the morning, cooled towards the close in the absence of fresh market news, brokers said. The Composite Index closed 0.39 point higher at 509.23. Trade volume hit a full-day low for the
        814 words
      • Article
        NEW ZEALAND
        334 25 NEW ZEALAND shares ended off their lows yesterday after Fletcher Challenge (FCL), the nation's second biggest stock, went into a free-fall. FCL opened weak, falling nine cents initially but on low volume. However, turnover began to swell as fears about FCL's future earnings and a possible rights issue
        334 words
      • Article
        BOMBAY
        81 25 FEARS OF high carry-forward charges on Wednesday reversed a two-day rally in Bombay. Brokers said a cash crunch after the market slide would push up the carry-forward charges. The BSE Index fell 75.32 points to 2,755.25. The National Index dropped 19.09 to 1,263.87. The charges, for the threeweek account
        81 words
      • Article
        Untitled
        49 25 Owe Prrviow Jriy 30 NEW ZEALAND NZSE-40 Capital 1,514.17 1,528.48 -14.31 MANILA Composite Index 1.495.72 1.485.31 +10.41 Turnover (mil pesos) 226.9 243.0 -16.1 TAIPEI Weighted Price Index 4.029.53 3.947.32 +82.21 Turnover (NTS billion) 21.55 21.47 -0.08 SEOUL Composite Stock Index 509.23 508.84 +0.39 Turnover (billion won) 95.15 98.99 -3.84
        49 words
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  • WORLD STOCK MARKETS
    • US stocks rally for second straight day
      • Article, Illustration
        NEW YORK
        1352 26 NEW YORK stocks rallied for the second straight day in heavy trading on Wednesday as low interest rates made equities look attractive to investors seeking higher-yielding instruments, boosting broad indexes to record highs. Analysts said the broad-based buying was also fuelled by generally better-than-expected second-quarter earnings reports. The
        1,352 words
      • Article, Illustration
        LONDON
        816 26 SHARES SURGED on Wednesday in London, posting their strongest rally in three-and-a-half months as big gains on Wall Street helped the market shake off its recent worries. After tracking the overnight rise on Wall Street early in the session, the rally starting feeding upon itself, triggering a bear squeeze.
        816 words
      • Article
        FRANKFURT
        417 26 GERMAN SHARES posted their largest one-day gain in nine weeks on Wednesday when a wave of gloom from the derivatives sector came to a halt and active futures trading led cash prices higher. The 30-Share DAX Index ended 17.51 points higher at 1,628.15, posting its largest single gain since
        417 words
      • Article
        AMSTERDAM
        222 26 THE SECOND successive strong rise on Wall Street spurred a reluctant Dutch share market to a higher close on Wednesday, but failed to rope in much investment demand. The EOE Index added 6.25 to close at 291.24. "It looks like big short-covering in a very narrow market," said one
        222 words
      • Article
        PARIS
        171 26 FRENCH SHARE prices, taking their cue from the weaker bond market, opened lower on Wednesday, but then quickly changed course as selling pressure evaporated. The CAC-40 Index opened down 0.07 per cent, but after six minutes of trade turned heel. The blue chip gauge finally ended up 3.99 points
        171 words
      • Article
        MILAN
        152 26 AN EARLY RALLY quickly lost steam and Italian stocks closed mixed in a lacklustre Wednesday session, brokers said. The MIB Share Index ended floor trading two points higher to 786. "We saw some support buying on blue chips for about 10 minutes, but then the sellers took over," one
        152 words
      • Article
        ZURICH
        265 26 SWISS SHARES gained strongly on Wednesday as turnover rose on growing demand for bank and insurance shares, which led the market higher. The blue-chip SMI Index added 35.3 points to close at 1,812.7. The All-Share SPI Index rose 18.4 to close at 1,141.2. Hopes that Swiss interest rates were
        265 words
      • Article
        STOCKHOLM
        115 26 SWEDISH SHARES rose strongly on Wednesday, supported by the Wall Street rise. Activity slowed down later, without causing the share prices to fall, on moderate turnover of 40 million kroner. The bourse general index closed up 0.94 per cent at 851.29. The Top-16 Index rose 1.28 per cent to
        115 words
      • Article
        BRUSSELS
        198 26 THE Share Index closed at the day's high on Wednesday as the Belgian market rose further in late trade, inspired by Wall Street's early gains. The Bd-20 Index closed up 7.60 points 1,137.04. Volume was a high 636 ml"*'" lion francs. Dealers said dollar sensitfvi industrial stocks, such as
        198 words
      • Article
        JOHANNESBURG
        405 26 INDEX-LINKED blue chip stocks no* liv steadily on Wednesday to lift the Ovcr-;/ all Index by I.S per cent as investor* found solace from a rebound in WjIL,, Street and London markets. The Over- all Index advanced by 52 points 3,417 and the Industrial Index gained, n 70 to
        405 words
      • Article
        TORONTO
        263 26 ANOTHER STRONG day on Wtftr° Street lifted Toronto stocks, though gains in Canadian shares lagged behind their US counterparts, dealers said. "We're not reacting to the higher de"" grees of fluctuation as the US markets,*" one trader said. "We didn't get up as" high, we didn't go down as
        263 words
    • Article
      Untitled
      123 26 July 29 ClOM Pi I llM NEW VOW Dow Jones 3.379.19 3434.07 +45.12 SAP 500 422.23 417.52 +4.71 Turnover (million) 275.85 211.06 +57.79 LONDON Financial Timet 30 1.815.1 1,785.6 +29.5 FTSE 100 2,423.2 2,373.4 +49.8 Turnover (million) 564.5 445.2 +119.3 FMNNFURT DAX Index 1,628.15 1,610.64 +17.51 UNIDBMI EOE Index 291.24
      123 words
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  • CURRENCY, MONEY ft FUTURES MARKETS
    • Article
      US unit ends steady against yen, firmer against mark in Tokyo
      1218 27 REPORTS Tokyo: The US dollar closed little changed against the yen and firmer agaiost the mark in Tokyo as the mark fell >against the yen yesterday. A rebound- in Tokyo share prices led to some, buying of the yen
      1,218 words
    • Article
      INTERBANK FOREX RATES
      397 27 Cross rates *">*> USS SS MS Dm Yen SFr AS NZS USS 1.6135 2.5010 1.4820 127.85 0.5200 1.3180 1.3450 1.8332 L Sj 0.6198 1.5500 0.9185 79.2377 0.3223 0.8169 0.8336 1.1362 MS 0.3998 0.65 0.5926 51.1196 0.2079 0.5270 0.5378 0.7330 i m» i Dm 0.6748 1 0887 1
      397 words
    • Article
      MONEY MARKET
      543 27 Interbank rates "j. S$ Bid Offer Overnight 2 3/8 2 1/2 1-mootb 2 5/16 2 7/16 2-mogth 2 5/16 2 7/16 3-m«mh 2 3/8 2 1/2 Overflight mode: 2-3/8 IS$ Bid Offer 7 JSVT- 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 njonlhs 3 3/8
      543 words
    • Article
      Lock icon Schlesinger rules out cuts in German interest rates
      333 27 Reuter LONDON Bundesbank president Helmut Schlesinger ruled out any cuts in German interest rates for the forseeable future in an interview published yesterday in Britain's Guardian newspaper. Preserving the German central bank's credibility in the fight against inflation left it little room
      Reuter  -  333 words
    • Article
      FINANCIAL FUTURES
      1535 27 SMEX EUBOPOILM Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.52 96.53 96.52 96.53 1 600 2614 ***** Dec 92 96.16 96.17 96.15 96.17 5000 5674 ***** Mar 93 96.10- 96.12 96.10 96.12 4000 3126 ***** Jun 93 95*82 95.83 95.80 95.82 1300 1423 4854 Sep
      1,535 words
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  • COMMODITIES
    • Article
      Lock icon Seoul's petrochem producers boost overseas output
      307 28 Reuter SEOUL South Korea's petrochemical manufacturers have boosted overseas production of petrochemical reprocessing to use up a glut of basic products at home and to secure a bridgehead into eastern Europe. "The petrochemical industry, like other business areas, is expanding investment to diversify export
      Reuter  -  307 words
    • Article
      Lock icon Japanese car industry's demand for aluminium seen to be weak
      297 28 Reuter TOKYO Aluminium producers who pinned hopes for future demand on increased car use have seen high costs and an economic downturn cast a dark shadow over their dreams, industry experts said earlier this week. Honda Motor Corp Ltd produced
      Reuter  -  297 words
    • Article
      Speculative selling sends tin 16 sen lower
      749 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market, reversing Wednesday's firmer trend, closed 16 sen lower to M$ 16.89 per kg on speculative selling. Dealers said the market took its cue from the easier performance on the London Metal Exchange
      749 words
  • Article
    PRICES
    1553 28 Rubber US C.inty Liili.fi do+* at USSIC—tract (S cental Close Volume Open Month High Low Sett (tonnes) Interest Aug 92 OOO 0.00 143.75 0 925 Sep 143.25 143.25 ***** 300 3.825 Oct 142.50 142 50 142 50 100 3,725 Nov 142.50 142.50 142.50 100 3.875 Dec 142.50 142 50
    1,553 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1504 28 BtmNESS^miUs TMNo:TJ7-OQ4» F*x No: 734 3ac< LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Kang Kiang Kiong of 223 Lavender Street, Singapore (1233), have applied for a Retail Liquor Shop licence in respect of premises at M/s Good Gifts's Emporium at 5001 Beach Road #02-01 Golden Mile Complex Singapore
      1,504 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1020 29 ctty nm no nm n» c MMM GA976 0115 GA890 0150 jj GA970 2205 MtfaMa QPBi 1955 QF82 22« SQ227 2230 J! iill! <■!!! KL837 1255 SQ320 1100 SQ323 1815 KL838 2240 AttMM SQ348 2300 taddMi 1550 SQ285 2U5 SQ288 2030 NZ36 2355 BA12 2200 7
    1,020 words
  • THE TRAVEL PAGE
    • Article
      FOREIGN CURRENCY NOTE RATES
      153 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1940 1.2105 Canadian dollar 1.3465 1.3740 NZ dollar 0.8700 0.8875 Sterling pound 3.0892 3.1310 US dollar 1.6100 1.6170 Local dollars to 100 units of foreign currency Austrian schilling 15.30
      153 words
    • Article, Illustration
      Taking the plunge
      736 29  -  POSTCARD FROM BERGEN By Helen Chang ON ANY other day, this would have been a great view of Bergen, Norway. Standing about 20 storeys above ground, I could see straight out to the mountains, over the triangular roofs of hillside houses, and down on the glistening faces
      736 words
    • Article
      WORLD TRADE EXHIBITIONS
      65 29 Duration Title Venue Organiser Tel Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Exhibition Services Sep 6-10 International Earls Court, Reed Exhibition 081-*****71 Watch, Jewellery London Companies Ltd and Silver Trades Fair Duration Title Venue Organiser Tel Sep 6-9 Internal,onal Dusseldorf. IGEDO. (49)211-*****1 Fashion Trade Germany Internationale p
      65 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      28 29 What's theprice for a united Europe? Exactly the same when you fly to any one inatlons Check with your travel agent or call *****77 for more details. WetaowßwwpafrmrfMtteFtaniah
      28 words
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      Page 29 Advertisements Column 2
      986 29 BUS^^Snj^S Toll free Tel No: 737 0043 Fax No: 734 3608 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CHAI KOK INVESTMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the
      986 words
    • Advertisement
      Page 29 Advertisements Column 3
      382 29 THE COMPARES ACT, CAP.* CMIIAN ft UONO PTE LTD (InUqtfdatlon} At a general inaating of CHUAN A LONG PTE LTD duly oonvwwd and held on the 27th day of July, 1988 the foMowtng special resolution mm paw ad: SPECML RESOLUTION Thai the Company bo wound up voluntarily pursuant to section
      382 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      177 29 8 Maids serving an old mon- JBLjBL— restrained (4-4) many fruit (6) I A game supporter before release (7)^ 20 Intrigue quietly preoccupwd —Lh |h~"jH parking, though it's essen- j1 I J pounds! (5) 6 Ann's smile rattled the ma- 24 Prison where there's little 28 Thought to phone about
      177 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      167 29 Singapore Outlook: Showers over several areas in the bite morning and early afternoon. Report Maximum temperature 30.7 Assoc humidity 83% Minimum temperature 22.2 Assoc humidity 99% Hours of sunshine 3.90 Rainfall in mm 7.6 Rainfall this month 286.9 Rainy days this month 18 World report Asia-Pacific Hi/Lo* Cood. Auckland 15/08
      167 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      26 29 assoc>ati;d "ewv-A^S L t m? w2 T S TM€.ON£ i G-pfcuejß....J Me GORDON BUJ6. t U)\SH "TO —\T cornPU\»N....-wis foj&t dc sole. r 15 p! cyMsL
      26 words
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  • Article
    South Korea eases restrictions on investment abroad
    592 30  -  China, N Korea, S-E Asia stand to benefit By Walton Morais SINGAPORE South Korea's Finance Ministry yesterday announced measures to ease restrictions on overseas investment by domestic firms in a move analysts said could lead to increased investments in China, North Korea and
    592 words
  • Article
    Lock icon China in talks to sell N-power plants to Third World
    251 30 Reuter BEIJING China has started negotiations to sell nuclear power stations to Egypt, Iran and Bangladesh, the official China Daily said yesterday. Officials of China's Qinshan Nuclear Power Co and the Shanghai Nuclear Engineering Research and Design Institute said emissaries
    Reuter  -  251 words
  • Article
    Lock icon Saddam reshuffles Cabinet amid signs of strains
    183 30 Reuter AFP. AP BAGHDAD Iraqi President Saddam Hussein sacked his finance minister yesterday and diplomats said the Cabinet shake-up showed the strains of United Nations sanctions even as Iraq's media trumpeted victory over a delayed UN weapons search. Foreign Minister Ahmed Hussein al-Samaraei.
    Reuter; AFP.; AP  -  183 words
  • Article
    Lock icon US, Japan officials expect trade talks to be tough
    361 30 Reuter, AFP TOKYO American negotiators gave an upbeat assessment yesterday of tough talks with Japan on ways to remove barriers to trade and investment, but acknowledged that they failed to pry fresh pledges from Tokyo on key issues. Officials on both
    Reuter,; AFP  -  361 words
  • Article, Illustration
    Time has come for Asean to be Asia-Pacific player
    738 30  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is a senior BT correspondent IF IT plays its cards right, Asean will, in the new world order, grow into a significant Asia-Pacific player. Judging by events at the just-con-cluded
    738 words
  • Article
    Lock icon UK court rejects Lorrain's appeal
    103 30 Reuter LONDON A High Court in London rejected yesterday an appeal by a Malaysian banker, who has been held in jail for six-and-a-half years while he fights extradition to Hongkong. Lorrain Osman, Britain's longest-serving unconvicted prisoner, faces trial in Hongkong on multi-million-dollar corruption charges. Lorrain
    Reuter  -  103 words
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  • Shipping Times
    • Article, Illustration
      Modern technology will enhance forwarders' role
      426 31  -  Asean Freight '92 By Rahita Elias SINGAPORE The role freight forwarders play in the transportation field has been further enhanced by the increasing use of information technology in international trade. Speaking yesterday at the Asean Freight '92 conference, Ang Thian Chin, general manager of
      426 words
    • Article, Illustration
      Keppel Insurance sued for damaged cargo
      417 31  -  By Dexter Lee SINGAPORE Local trading company Tabac Pte Ltd has sued Keppel Insurance for failing to pay US$l.5 million ($2.4 million) on a claim for cargo damaged on the high seas. Last week, Tabac served a writ of summons on Keppel Insurance for
      417 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1184 31 Page Col ABC'Containcrlinc 12 1 Accord Group 8 1-3 Ahrcnkiel 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 Shpg
      1,184 words
    • Article
      PSA orders 172 prime movers worth $22m
      316 31 SINGAPORE The Port of Singapore Authority (PSA) has ordered 172 prime movers costing $21.9 million as part of its container terminal expansion plans this year. The prime movers will be supplied by UMW Equipment Systems Pte Ltd and Tractors Singapore Ltd. The companies
      316 words
    • Article
      Lock icon Brazilian stevedores to meet over possible strike action
      266 31 Knight-Ridder SAO PAULO Brazilian ports nationwide will meet in assemblies over the weekend to consider a possible strike against shippers. "Unions and shipping companies are currently negotiating a raise in fees paid by the shippers to stevedores," said Ulysses dos Santos, a
      Knight-Ridder  -  266 words
    • Article
      Lock icon Flying the German flag is costly
      204 31 Knight-Ridder BONN Germany's shipping industry is coming under international pressure because of the excessive costs of flying the German flag, the Transport Ministry said on Wednesday. Costs are running high despite government efforts to give the industry tax breaks, the ministry said. It added
      Knight-Ridder  -  204 words
    • LOG BOOK
      • Article
        S'pore ship listing at Chittagong
        76 32 LONDON The Singapore-owned container earner NGS Ranger arrived in Chittagong roads on July 28 with an eight-degree list to port, Lloyds Shipping Intelligence said. The list was due to alleged displacement of containers inside its hold after rough sea and heavy weather encountered near Myanmar
        76 words
      • Article
        Mitsui to reopen S African office
        64 32 SINGAPORE Japanese shipping major Mitsui OSK Lines will reopen its marketing office in Johannesburg, South Africa on Aug 15 now that economic sanctions against the country has been lifted. The carrier said it wanted a presence in South Africa to win a share of
        64 words
      • Article
        Japanese to buy Russian dock
        105 32 HIROSHIMA Kanda Shipbuilding Corp, a medium-size firm based in western Japan, has reached an agreement to purchase a floating dry dock from a Swiss-Russian joint venture, a spokesman for the Japanese company said July 28. Kanda Shipbuilding said it paid about 1 billion yen (5512.6
        105 words
      • Article
        Main-Danube canal completed
        111 32 BONN The final stretch of the new German canal between the rivers Main and the Danube will be flooded today. Transport Minister Guenther Krause said. With the removal of the last barriers on a one-km stretch near the town of Belingries in Bavaria, traffic would be able
        111 words
      • Article
        Refloated iron carrier sets sail
        82 32 LONDON The Maltese-flag bulk carrier Achileus is heading for Cape Verde where a diver's survey will assess damage sustained when it ran aground near Ponta do Übu, Brazil, Lloyd's Shipping Intelligence said. "Die 155,049-dwt vessel, which is carrying 144,212 tonnes of iron ore, is expected
        82 words
      • Article
        Paris trains collide, 33 hurt
        95 32 PARIS Two underground commuter trains collided during evening rush hour on Tuesday, injuring 33 people, including one seriously, the Paris Regional Transport Authority reported. One train was apparently entering Paris from the eastern suburbs when it rammed the regularly scheduled tram in front of it.
        95 words
    • Article, Illustration
      Lock icon Safety code for fast ferries
      1033 32  -  Regulators are faced with the challenge of devising a fast ferry code which not only will not hinder technological development but also enable the safe operation of such craft, reports Michael Wake Michael Wake Seatrade Review IN APRIL this year the UK Department of Transport
      Seatrade Review  -  1,033 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      485 32 Carbon My 23 Density Water Residue Ash MmhHumi Sedment M/M Exxon K6/M*3 V/V M/M M/M PPM method BO/Cimc Ml Spec E25 991 To 151) 010 30* (HO* Spec G35 991 1.0 18 0 015 30* 010" Northern Evepe 180 Ave 984 0.3 13.7 0 06 10
      485 words
    • Article
      THE SHIPPING GUIDE
      11962 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
      11,962 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        502 47 fend ¥»yH» 9m* fciM Pgwrtwt Marina Tsi wlmi 1 Batam Murm *****2 M04 alongside 31.07/2300 Batam Sayang *****2 M04 alongade 31.07/2300 Batammdo 2 2023S M02 alongade 30.07/1900 MaNuXa Lip 157/92 M04 alongade 30.07/1400 R«eki 1 1/92 M04 alongade 30.07/1500 Sahabat Muli *****2 M04 alongade 30.07/2300 San Batam
        502 words
      • Article
        IN MALAYSIAN PORTS
        272 47 Johort Port Berth: 1: Sn Nam Hua 2; 2: Kota Ratna. 3: Pan Queen; 4: Protogorasnil. 5: Barge Malvest I; 6. Jebel Alt. 01 jetty: ml. DCh Soon Hoe. Due on My 30: Bunga Butang. Bunga Dahlia. Haigas. Ocean Elite, Nogogoint. Due on My 31: Global Mercury,
        272 words
      • Article
        CONTAINER SCHEDULE
        1505 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS 9* Voy No Containers avjiabte 9* Voy No Contain vitable Apple OOCL Faith 13N 29 07 92 0710 B Kemumng 127 COO(EST) 30 0 7 92 1500 33W 29 07 92 0710 Josmdo 1 2061B COO(EST) *****2 1500 S pore Jaya
        1,505 words
    • Article
      TRANSPORT DIARY
      895 48 Sept 6-18: Scatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970
      895 words
    • Article
      DAILY FREIGHTS
      508 48 THE DRY cargo freight market was subdued as few Fixtures emerged on key routes, brokers said on Wednesday. The Baltic Freight Index was one point lower at 1,093, showing slight reductions in the Panamax single voyage routes. US North Pacific to Japan grain was fixed at USS 10.25
      508 words
    • Article
      Huge losses may shrink US airline industry
      478 50 Price war, high costs dim outlook for third quarter NEW YORK Bargainbasement ticket prices and high costs left the American airline industry with huge losses this spring and raised expectations that there would be fewer US carriers flying by the end of the
      478 words
    • Article
      Roping expects weaker second half
      328 50  -  By Dexter Lee SINGAPORE After posting a strong interim performance, The Boeing Co has forecast a weaker second half in the face of fewer commercial aircraft deliveries. According to the US aerospace giant, its commercial aircraft division has only 194 deliveries remaining in its 1992
      328 words
    • Article
      Lock icon Lufthansa, JAL to cut US routes that made losses
      452 50 NYT NEW YORK Two leading 4 foreign airlines have decided to retrench, after finding the 1 skies over the US as turbulent as American carriers f have found them for several < years. Lufthansa German Air- lines said on Wednesday that
      NYT  -  452 words
    • Article
      Lock icon Japan to probe discount air tickets, bookings
      421 50 NYT TOKYO Questions and complaints about airline ticket pricing and rapidly booked domestic flights have led a government agency to begin an investigation into ticketing and booking procedures in Japan. According to an official for the Management and Coordination Agency, a number of
      NYT  -  421 words
    • Article, Illustration
      Lock icon UK tour operator threatens to cut packages to Eurodisney
      381 50 AFP LONDON Britain's third largest tour operator, Airtours, wamed on Wednesday that it may cut the number of its package tours to Eurodisney because of insufficient demand and the "too high prices at the theme park outside Paris. The marketing director
      AFP  -  381 words
    • Article
      Lock icon Paper slams return of Kuwaiti planes
      262 50 AFP TEHERAN An Iranian newspaper on Wednesday said Kuwait should reimburse Iran for the maintenance of six Kuwaiti Airbuses that were seized by Iraq during the Gulf war and flown to Iran for safety. The pro-radical Jumhuri Eslami also criticised the government's decision to
      AFP  -  262 words
    • Article
      Lock icon Widow, son of Pepsico lawyer get US$9m
      260 50 The Pan Am trial AP NEW YORK A jury awarded US$9 million (Ssl4 million) on Wednesday to the widow and young son of a lawyer killed in the 1988 terrorist blast that downed a Pan Am jetliner over Lockerbie, Scotland. The award was
      AP  -  260 words
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      Page 31 Advertisements Column 1
      8 31 For advertising enquiries, contact Stuffing Times: Tel 740-2089?740-2090
      8 words
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      Page 31 Advertisements Column 2
      167 31 Safety code for fast ferries, Pg 2 Losses may shrink US airline industry, Pg 20 s xr JV ',£*s'/. *V*-» J"' ijwv* > '£4 V'•«V*^i^*'^'t ip :C; j BISP?** i Wm- m '-•< 1 JK* t- 'v v,*; •it «*;£?Y J SjV:- 5 --^V i V'^3 v. ,>.'-- Vil V<
      167 words
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      Page 31 Advertisements Column 3
      44 31 THE FAMOUS ftatsviiiiA Mvnxym MESiEM 224 1833 For more information please refer to P|. 13 Container Schedule I' Daly Freights 18 Index t Sfcppmg Gudi W.U Ships m Port 1' Singapore Tides 17 Transport Dory 18 Veritas Report 18 Weather and Sea Conditions 17
      44 words
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      Page 32 Advertisements Column 1
      85 32 L o<> J^> 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
      85 words
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      2561 33 OOCL PTE LTD JAAOWe SMIPPINO AOENCIES «||l|* *****11 FAX: *****09 \llglT BOOKINGS TEL: *****34 *****56 ITIZ3SIII KWM TERMINAL/CFS TEL: *****18 220 P ***** *1 VUvh kSSSJ Find nut how PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Mgpipap| I lllvl wU llwww Dedicated to Quality Service BEda La '11 WT
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      1282 33 ■OWWHifIIM 2 SAILINGS TO HONG KONG Undoe Maersk V 9209 ETA Singapore 6/8/92 Marie Maersk V 9212 ETA Singapore 4/8/92 VMM) voy I ETA I ETO Faadar by 1 DESTINATIONS LMrort/AnM The* <N* Man* Maarsk 9206 CFS 28/7 1 1100 M MRS Kalang Panang OAK LOB HOU MEM ATL MIA
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      1217 34 VQY NO S PORE JEOOAH S'HAMTON H'BURQ ANT LE HARVE ssss? iEXF eM s® n as SSfesft SSEe| EN 8M iSS W "I LUOWK3SHAFEN EXPRESS 03/332 16/8 4/9 7/9 8/9 MB*. MONTE ROSA 20/133 20/8 29/8 12/9 8/9 HV»88 KS®?"*" 24/W4 l?/S 5/9 wS 14/9 SSEIW KAMAKURA 25/33 4 30/8
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      Page 34 Advertisements Column 2
      531 34 I I TO PAPUA HEW QUINe* I II IPOM lICHBFOO V** Birr POO4/H044/NORO/RAB I LAC/MAO 11 alam talano V 2* nm POWWQoiaiaRomAB 11 (LCL B/BULK) 11T/S: ALOTAU, OHOBAT. KAVEN6 11 ACCEPTMG LCL FOR MAM PORTS DISCHARGE II PORT KELANG H C. TEL *****01/4 II REGULAR SEMI-CONTAINER SERVICE 11 ttssa XK
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      1496 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE m/vor an *g oa. ham ore rot ant Fa lma (M (*w US) MM ROT) NORASM SUN 9222-3 02/01 25/01 27/01 21/01 25/01 20/01 30/00 30/00 31/00 NORASM PWNCESS 9223-3 09/00 30/00 01/09 03/09 04/09 05/09 06/09 07/09 00/09 NORASM PEARL 9224
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      2133 35 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Mwd Tbwbt* Siwgapaf 020S Tbl: ***** M fax: *****17 "a*" W* S*lS jnk BKOR MB MOUH VOX Mua. UK. Sun. T»» 01-02 Auj 03 *"f 04 taf J*?** S'SSmMTMB 27 20 UT 30-31 JULY RAJAH BROOKE VI6E Mkura Lab. KK
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      Page 35 Advertisements Column 2
      1826 35 SINGAPORE AGENT: ■H P&0 Containers -*N-M VM MMMMMMWBM mm 22s 2233T«Mk Rt ***** PNOCSP Fax: 225 5327/222 7517 CA Number *****9f0000z rs?LZ S3»>» a s« jS; BIS rS Ss I sKsasr ss as ss s:s s;a gis as issu«. a HE TORBAY 0579 30/07 02/06 04/08 25/ M 01/08 M/
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      639 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOT STOHE MMM/MMM HW6 BKMEN ANTWW SBHMTA/35N8 21/9 23/10 29/18 4/11 1/11 KVTM/26N8 6/10 J/11 15/11 2»/» FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducwiwnt. A too accepting cargo to CaMbtonca, Port Said, Port Atoxandria, Qonoa, Trios to. ALSO
      639 words
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      Page 36 Advertisements Column 2
      1349 36 HANJIN SHIPPING nmi Si IJC HAUL LGB OM FIR VS. M |UM HMI SAV LM NVC HANJffHtOTTERDAM OIK 1/8 MKT 23/8 Wt 1/8 £«£*s••« HMUN KAOHSMK 00* 9/S WKCT 30/8 2/9 22£5r« Mmm I?/J M/I H(kii |MJ| |6/8 08ECT 5/9 8/9 HMUN CICJU 08SC 17/8 M. ASA 005 C 24/9
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      1115 36 -I^— j j ,t jt kI: ru":|i!|;;|;;f;: cl f GOMS H 012 19/1 24/4 21/1 2t/» 31/» L/ 9 3/1 4/9 S/9 7/* 11/9 30/14 2/10 V» U/M M/H WJI JI(jJ JJ/|J H/* WJ !*/ii I E emu KMS 2VI 20/0 31/1 2/* 4/9 7/9 1/9 14/1 11/1 12/9 14/1
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      1525 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNEUNK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****06 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/inwa/pak service NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33. P Koi«ng-<O3) *****87,
      1,525 words
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      Page 37 Advertisements Column 2
      470 37 YOUR RELIABLE FREIGHT FORWARDER B m#V£l/*s|f*#ifl CUSTOMER SERVICE: 222 0717 FAX: 222 7M MAIN LINE: 222 0255 AIRFREIGHT: 549 4255 Penang ETD 03/08 Kaohskmg ETD 07/08 Pt Kelang ETD 03/08 Busan/Hong Kong ETD 01/08 Bangkok ETD 05/08 Japan ETD 02/08 Jakarta ETD 02/08 Madras ETD 01/08 Manila ETD 07/08 Colombo
      470 words
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      Page 37 Advertisements Column 3
      1088 37 SINSOV SINGAPORE SOVET SHPPMG CO PRIVATE LID BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MARME INSURANCE SERVICE: *****57/ *****87 KL: 03-23(3475/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINEBSHIP SERVICES wiMuo-asonmc mswmp-umiwc imgwrovt»normmMi unai vot law |i*j> hkg wn
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      1125 38 K" V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD *****73W0W) W v x* TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 i W M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I V 1 IVi TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. *W ASAM LTD .NDONESIA: P.T. SARAMA LAUT IHTERNUSA.
      1,125 words
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      Page 38 Advertisements Column 2
      851 38 PHIU-ORI€NT LIN€S PT€ LTD ,"ho»L, Ro* *>7*o GMG T *****22/*****69/*****00Tet0x:R*****0FAX:*****76/*****J1^^ BY AIR, LAND OR SEA.--ShL we take on the world for you [^A|OTMUM«»g"*' MWm nC I 30 JUL SYOMEY. MELBOI*<NE. NARIER. CHRISTCHIWCH Iflb, J UtBtKAXMtmmtAMS LCL SBMCS I 1 ST. MAARTEN. SAN AIAN. ANTAFAGESTA, GUAiamLA, BENUEBENTURA I S'TON LEEDS TILBURY
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      2141 39 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSff rni S JHV 140 Cecil Street, #03-00 PIL Building, Singapore 0106. T«t: *****33 CR NO: **********0E I JAKARTA 1 vOY m BKK stw I VESSEL VOY SM JKT SM SMSAMUT (THAI FLAG) SRS2BN I/I M M EQUATOR HAWK 54N 1/8 3/8 7/8 KOTA MNTAMQ
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      Page 39 Advertisements Column 2
      838 39 EXPRESS COHTAWER SERVICE TO UK-NORTH CPKnNgNT HWKLY f F GLKDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU 1) RTM (2) HAM (3) GOT (4) 3U7 3177 1/5 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 15/8 BENAVON
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      Page 39 Advertisements Column 3
      288 39 NIGERIAN NATIONAL Ml SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER KPAN VJI SINGAPORE In Port ETA Lagos It Aug Port Harcourt 20 Aug 25 Aug ACCEPTING B/BUUC AND COKTAXERB I BSA° TRANSPORTATION M MYANMA PI FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pen PGdf HPA-AN VI79W
      288 words
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      1598 42 Full Container Services n SI ftrawi to* ttoi JfcM bun Ko* tor Autu Skfep/af rt» Ltd ntiiiiFiiwiiHiiamiiiMiw uooop*tu*i <wu» mm 5/i» u IZSOTm//xim 2 MiStn Road 4/mi Street Seta*w Darul Ehsan Tet 442 5091 /442 5087 HMC Building *15-00 Chinese Chmberot Commerce K)7-05fi7 MM7 2955/369 7*l 21-AlcxmgCmvenna Sw® svotmi/ M
      1,598 words
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      Page 42 Advertisements Column 2
      632 42 EXPORTS TO HONGKONG. TAINAN. MANLA I JAPAN "TWICE WEEKLY MALACCA STRAITS SERVICE outboum) voy pkl rei ir mm. wg mo kee tyo yok smz ngo rob kssei vov [sat |nu pw am m ACI LUC 7B 26 7 31.7 M U 111 14.1 15.1 15.1 111 ACI MOt ~SM~ ~2j"
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      Page 42 Advertisements Column 3
      393 42 MV ASIAN ORCHID Vl6 ETA S PORE AUG 9: DIRECT CALL GUAM 20/7 SAIPAN 22/7 TRUK yV PQNAPE HONIARA jWoR SUVA AMA pAGO NOUMEA uct MV. "ASIAN ORCHID Vl6 ALSO ACCEPTING Fa/La CARGO TO: MICRONESIA SOUTH PACIFIC PORTS VIA GUAM swgapore SEAWAY SHIPPING PTE. LTO. £1 MifUMI GENERAL AGENT) NATWEST
      393 words
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      Page 42 Advertisements Column 4
      349 42 SAMUDBIA MOOIKSIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEBT CENTRE Singapora 0106 Talax: R*****0 T«fc *****81-3 Fax: 22S 4939, *****36 FOR BOOKINGS CALL DIRECT UNE TEL: *****41/*****43 BM/JAK SERVICE VESSEL VOY SIN JAK PRELUOE 911 01AM (SAT) 04/08 (TUE) PELOPOR 1039 02/08 (SUN) 05/08 (WED) MERKUR DELTA 934 04/08
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      Page 43 Advertisements Column 1
      577 43 famous container lines I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I UMASSOL/PBEAUS 2/8 ROTTERDAM 2/8 I HAFA/ASHDOO/ALEXANDRIA 2/8 HAMBURG/BREMEN 2/8 I MARSEILLE/FRANCE 278 FELIXSTOWE/UK 2/8 I BARCELONA/SPAIN 2/8 LEHAVRE/ANTWERP 2/8 I GENOA/ITALY 278 GOTHENBURG/SCANDINAVIA 278 I LOS ANGELES/WC/FI 2/8 SYDNEY/MELBOURNE 4/8 I
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      Page 43 Advertisements Column 2
      666 43 cza ucmLfi mum mooes (S) m lt» in TEL: *****33 (12 UMM) L.J FAX: *****15/*****U TELEX: BS ***** RtSMT (3 Un—) m ETMOPIAN SMPPHK LMES r (National Lmes o( Ethiopia) ACCEFTIWQ FCL AHD COHVEWTIOWAL vessel Ivoy eta Iloaomofor spowe ABVOT 7«««8 (MAM DARfcSSALAAM MOMBASA. OJBOUTI ASSAB. MASSAWA AMOMET 28WB 02/w
      666 words
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      Page 43 Advertisements Column 3
      786 43 pgjBHMffIMMMMMMMHM {mm IMS tvw nm w w I HUM MUM I MS I M/M il/W NMTTA MM I—l M M/M *V— WTO—r»» Ml ovm W l J1 "'Ms' yMFI wu MUM 11 *VM W >7/0 HHMMMf 111 mm os/M m/m HMi MMM I S«S I 02/ M 1 OVM M/M
      786 words
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      1327 44 groupage I ~IV=/\~VnPENANG- (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 lrJ\/ JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK [GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 2/8 3/8 4/8 Hong Konf Ldn/Fh/Rdm/Ant 6/8 7/8 8/8 5/8 6/8 7/8 Hone Konf G'tarf/Chaftn/Slwlm/Osio 2/8 3/8 4/8 9/8 10/8 11/8 Honf Konf
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      Page 44 Advertisements Column 2
      276 44 IP* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SM nan vi9s 3/s u/i i«/» 3/9 MULKM 28S 14/1 26/1 2S/S 14/9 MIST SIM 0626 22/1 3/9 5/9 22/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
      276 words
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      Page 44 Advertisements Column 3
      1081 44 THONG SOON UNES PTE. LTD. M* 77 ROONSON ROAD #15-00, #16-00 SM BULDMG SMGAPORE 0106 TEL *****5S FAX NO: *****11.*****22 ■BT TLX: RS ***** CARRER. RS ***** JENHOL CABLE: TOSOCO COWVBKTTONAUCOTtrWR I COffTJWi MWHUI 1 SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |fof I ETA ItCST VESSH WT
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      754 45 COMPANIA PERUANA MA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAM, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BR.L OF LAOMG. UJgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOM. TOKYO*. MANIA*, DAVAO*. Penjnf* P. Ktlant
      754 words
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      Page 45 Advertisements Column 2
      557 45 C 23 .JKL. ESI N. AMERICA/CARRHEAN SERVICES ma hwr aw Nun [ww luulpi|sw I wt I wi m miimom 7a M m unim */i w/» u£ A KSSEL 1/1 2M KM Ml 7/9 11/1 20/9 22/9 M/* m OSAKA RX IJ/8 ZM HONGKONG 2£ IV* M/ 1 28/9 N/1 2/10
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      663 45 pS&t MUITHHBE SRPPRIS FTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. DAMMAN. SHARJAM. DOHA. MUSCAT. BAHRAIN. ABU DHABI BANDAR ABBAS. JEOOAH FAR EAST ACCIRTWO FCL/LCL PENANG, P/KELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN JAPAN. MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TIBURY. ABERDEEN, IE HARVE. HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN ALL
      663 words
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      Page 45 Advertisements Column 4
      432 45 rsEsa MMTM.T MKCT CMTMEI SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAWEI SERVICE SIN/MADRAS/SIN WITH TRARSMENT TO: ASEAR/A9STRAUA/FAR EAST/KMTERRANEAH/EIRQfE WEEKLY COMVENTIQIIAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMRAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAB6O BOOKIM: LUCKY TMRSPO6T 6 FREIfiMT CO (PTE) LTB 6IB6APOBE: TEL:
      432 words
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      Page 45 Advertisements Column 5
      391 45 m mm 3/8 KEELUNG/KAOHSIUNG 8/8 BANGKOK 9/8 MANILA/CEBU 9/8 JAKARTA/BELAWAN/SURABAYA 9/8 PORT KELANG/PENANG/E. Malaysia 3/8 BUSAN 8/8 TOKYO/YOKO/KOBE/NGO/OSA 3/8 HONG KONG SIH CHINA 3/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SM EUtOPE/UK 8/8 LDN/FLX/LVP/SOU 8/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIM USA/CAMADA 8/8 LOS ANGELES/NEW
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      Page 46 Advertisements Column 1
      805 46 ECONOLINESA Tunc Space Pilot for World Trade Navigation aince 1979 EUROPE your STRENGTH and HOPES sffisessesi1. Austria 71 places 1. Aarhus 17. Le Havre 2. Belgium 81 places 2. Algeciras 18. Leixoes/Oporto 3. Denmark 53 places 3. Antwerp 19. Limassol 4. Finland 17 places 4. Barcelona 20. Lisbon 5. France
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      Page 46 Advertisements Column 2
      399 46 BontermJ I CONTERM FREIGHT (F.E.) PTE LTD. I GUARANTEED WEEKLY CONSOLIDATION g TOUR FIRST CHOICE TO:— 1 AUCKLAND 02 AUG ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 09 AUG JAKARTA V AUG PENANG 10 AUG PORT KELAN6 00 AUG 07*IHi| MELBOURNE 04 AUG SYDNEY j* 4 6 I FELIXSTOWE
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      Page 46 Advertisements Column 3
      505 46 BNext Week's Sailings T Singapore Singapore Rotterdam 01/08/92 Bangkok 02/08/92 Antwerp Los Angeles M 31/07/92 TtiTvJXf 01/08/92 [last Coast of Colombo 01/08/92 USA) y Mk Singapore Tel: 778 6522 tffl. Fax: 779 2738 j4f|k '6iWy Johore Tel: 07-*****8 tsluij "O Fax: 07-*****3 Alfred Ng 7RAAtS-Z/A//C rrgrggji r—, ye C e
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      Page 46 Advertisements Column 4
      435 46 lIJ-lILJ.III.UI-IJ.UIIII-I^ FCL/LCL SERVICES MANILA ETA VIGOUR S PORE 32W8 7/8 VIGOUR PACIFIC 68NB 14/8 BANGKOK 2/8 9/8 BUSAN 2/8 10/8 HONGKONG 3/8 5/8 USA 3/8 10/8 PT L PUIS/DURBAN 11/8 19/8 KEELUNG 10/8 17/8 PT KELANG 3/8 7/8 HO CHI MINH 7/8 14/8 PIRAEUS 3/8 9/8 COLOMBO 7/8 14/8 JAKARTA
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      Page 47 Advertisements Column 1
      88 47 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories cm 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
      94 47 YUSEN SEACARGO AGENT OF TRANSGONMINBt UMITCD CONSOLIDATION SERVICES TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA, HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTERDAM, FELIXSTOWE (ALSO ACCEPTftG FCI CONTAKXS.) YUSEN AIR SEA SERVICE (S) PTE LTD SOUTHPCXNT *11-02 A, 200CANTONMBIT RD, SNGAPORE 0208 TEL (65)227 4567iFAX:(65)227 5556»Tl*RS*****YASSEA WEEKLY LCL CONSOLIDATION SERVICES TO
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      438 47 TIDES AND WEATHER I TOOArS HOES (ha* in metres) i HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0800 0900 *****100 **********00 *****600 **********00 2000 2100 2200 230 JR 34 31 26 18 1.1 06 03 02 0.3 0.7 1.5 2.2 2.5 26 24 2.0 1.4 09 0.7 0.7
      438 words
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      Page 48 Advertisements Column 1
      400 48 WfcV LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO SHANTOU 2 SAILINGS PER MONTH VESSEL ETA ETD VOY
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      Page 48 Advertisements Column 2
      357 48 ±cosco ukc cowvomowAL scwvtcg VESSEL PKL PNQ P.O. LOADING FOR A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: OING BONG 12/07 Goangzhou/Huangpo COSCO FULL CONTAWER SERVICES (FCL/FCL) EXPORT TO: CHMA/SANGK OK /NONGK ONG EUROPE/CONTINENTAL WEST MEDCTERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      357 words
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      Page 48 Advertisements Column 3
      477 48 fce^^Express Service to in C^i^ I For more information. Competitive rates and reliable servicey I Call Our Customer Service At Te<:227-4788. SKH DISTRIPARK PTE LTD 77 Robinson Road «16-02 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHNVO Jobore Baru Tel: 07-*****8 Fax: 07-*****2 Port Klang Tel:
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      1156 49 I HYUNDAI MEBCHAIff llllflßlM CO. LTD. •VIA FEEDER PACIFIC SOUTH-WEST SERVICE I WW* fKt* pgy~ ST TO USA VOV MO LBH OA* PAL/HOU CH SIU WYC I 21/07 22/07 24/07 31/07 H MMRAL 01E 07/01 24/01 27/01 27/00 20/00 20/00 30/01 I 04/00 29/07 31/07 07/00 H. COMMANDER 06E 14/00
      1,156 words
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      Page 49 Advertisements Column 2
      502 49 vTrmrmmrmrsKwrnrmmi STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST M RO-RO HEAVY LETS I INBOUND VESSELS I IUOI NT V fl IK M I Sll MQMI 71 1/1 I SI UM 55 l/l Ml 1/1 MHK MMinWI II 1/1 S/S ■UCU II 16/6 U/I TUB MTB 42 11/ l 11/6 14/1 I
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      Page 49 Advertisements Column 3
      902 49 JEDDAH/UK/COmNENT Irrai In nw mt niia •«m accm* c*p Hr BHH|||^H mm arms lii/n 2/1 i»/« 21/1 n/t tvt im—iiii :t» KAMA 122/131 1V» 21/1 25/1 24/1 MMm :to 4 Mmm* tm*m4m. OM. mm MCHKEH MT Ml/Ul 5/1 21/1 21/1 11/1 :>i J«*»»*■■».»**■'***■.. DMUK 11/112 IVI 22/1 VI 1/1 >1/1
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      Page 50 Advertisements Column 1
      67 50 INVESTMENT Every Saturday in Business Times 1 I The Etecufcue Housekeeper -this hotel o .uiv, I I wants is me. fcub I'll never neglect L Any Job. any Career. Available Any Day. any Time, anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO
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      Page 50 Advertisements Column 2
      6 50 INVESTMENT Every Saturday in Business Times
      6 words