The Business Times, 3 September 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Thursday, September 3, 1992 75*
    16 words
  • NEWS SUMMARY
    • 69 1 ABOARD AIR FORCE ONE US President George Bush has approved the sale of 150 F-16 fighter jets worth US$6 billion to Taiwan, a White House official said yesterday. President Bush "will recommend the sale to Congress," the official said, adding that
      69 words
    • 68 1 TOKYO Japanese politician Shin Kanemaru said yesterday he would reconsider his decision to resign as head of the ruling party's most powerful faction after being asked to by party members, press reports said. Their petition came six days after Mr Kanemaru, arguably Japan's most
      68 words
    • 43 1 DEVELOPING states within the Non-Aligned Movement should set up trading arrangements along the lines of the Asean Free Trade Area to give the movement a new sense of purpose, Singapore Prime Minister Goh Chok Tong said yesterday Page 2
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    • 39 1 CHINA has raised its estimate for economic growth during the first half of 1992 yet again, with its top economic planner now saying that gross national product surged by a whopping 12 per cent Page 2
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    • 33 1 MALAYSIA'S economy is cooling off after several years of exceptionally high growth, the country's central bank governor said yesterday, adding that he welcomes the more moderate expansion. Page 8
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    • 48 1 INDONESIA is on target to achieve a total of three million tourist arrivals this year, according to Director-General of Tourism Joop Ave, following a rise of 21 per cent in the number of visitors in the first six months of the year Page 8
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    • 26 1 POLITICIANS and industry officials are warning that violent racist protests in eastern Germany could scare off foreign investors and hurt exports Page 9
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    • 30 1 AMERICAN President Lines (APL) and Orient Overseas Container Line (OOCL) will soon call at Thailand's newest deep sea port of Laem Chabang. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 26 1 WALL STREET share prices opened higher yesterday, with the Dow Jones index gaining 5.65 points to 3,271.91 in the first five minutes of trading.
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    • 30 1 LONDON share prices were higher at midday yesterday at the London Stock Exchange. The FTSE 100-Share Index was up 4.4 points at 2,302.8. Volume was 250.8 million shares.
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    • 30 1 CHEUNG KONG (Holdings) Ltd and Hysan Development Co Ltd have taken a combined 20 per cent stake in First Capital Corporation's residential project in Simei Page 3
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    • 40 1 SINGAPORE stockbroker Kim Eng Securities has been given approval to trade on the Shanghai Stock Exchange. The firm has become the second Singapore-based broking house to get permission to trade in 'B' shares in China Page 3
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    • 23 1 JAPAN'S slowing economy has forced many electronics companies in the country to streamline operations towards survival, industry sources said Page 4
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    • 36 1 BRITAIN'S severe and long recession is biting deeply into many of the nation's leading food groups, which now face an uneasy future as their reces-sion-resilient tags start to look decidedly tarnished. Page 6
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 659.13 -4.80 Kuala Lumpur ....572.92 -0.58 Tokyo 17,587.72 -152.34 Hongkong 5,734.45 +22.88 Sydney 1,528.5 -13.5 Tuesday Change New York 3,266.26 +8.91 London 2,298.4 -14.2
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    • 22 1 Exchange rates USS SS 1.6000 100 Yen SS 1.2805 MS SS 0.6427 Money market rates Overnight 0% -1/8 3-month 2-1/16% -1/16
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    • 34 1 London Go4d AM fix US$340.40 USS-2.25 Rubber S'pore Oct.... 136.75'/kg -0.50 M'sia Oct 216.00*/kg unch KL Tin Turnover 60tonnes +5 Spot M$16.70/kg +0.03 Crude palm oil Turnover 530tots +259 Oct MS849 /tonne +5
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  • 620 1  -  Jewellers, consumers gain from falling international prices and US$ slide By SN Vasuki SINGAPORE The recent rise of the local dollar against the greenback has had a welcome casualty. Retail gold prices in Singapore dived to $20 per gram this week, its
    Source: TeleTrac  -  620 words
  • 113 1 Reuter SINGAPORE The US dollar sank yesterday to all-time lows against the German mark and the Singapore dollar, and crossed the US$2 rate against the British pound, with little prospect of a turnaround soon. In Tokyo yesterday morning, it hit an all-time low of 1.3875 against
    Reuter  -  113 words
  • 412 1  -  By Amy Balan SINGAPORE Singapore's unique problem of too much money chasing too few borrowers has become even more acute in recent days. The massive local liquidity, exacerbated by the weak and still falling US dollar, drove overnight interbank rates to near zero levels
    Sources: MAS stats,dealers reports  -  412 words
  • 479 1  -  By Chuang Peck Ming SINGAPORE Many economists have trimmed their growth forecasts for 1992 but manufacturers have not changed their outlook for the economy. The Singapore Manufacturers' Association (SMA) says its members still expect the economy to expand by 5 per cent
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  • 422 1  -  By William Chia SINGAPORE British Malayan Trustee Ltd (BMT), the trustees of beleaguered Inno-Pacific Holdings' two loan stock issues, has landed another blow on the fast-food group by asking for immediate repayment of the loan stocks amounting to $35.89 million. But Inno-Pac
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  • 125 1 AFP HANOI Singapore has opened an embassy in Hanoi, the new Charge d'AfTaires said yesterday, in a move that seals the Republic's new economic links with Vietnam. Ong Lu King said the embassy opened with his arrival on Saturday. Mr Ong and his two-person staff
    AFP  -  125 words
  • Page 1 Advertisements
    • 133 1 I Bu rberrys; *V Reigns when it pours XX»*«>irfn*xX>'XXxXXXXXXXXX>IXXX.X.X Advertising Marketing 12 Jkt/Bkk/Chma Stocks 21 TV&Radw 14 Aircraft Schedule 27 KLSE 19 Unt Trusts 18 Commodities 26 Money Changer Rates 27 Weather 27 Company News 3,4,6 Money Market 25 World News 9 Cryptic Crossword 27 Regional News 8 World Stock
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  • PAGE 2 NEWS
    • 541 2 Reuter BEIJING China has raised its estimate for economic growth during the first half of 1992 yet again, with its top economic planner now saying that gross national product (GNP) surged by a whopping 12 per cent. Vice-Premier Zou Jiahua said the high
      Reuter  -  541 words
    • 383 2 Reuter SIOUX FALLS, South Dakota The US announced yesterday that it would accelerate its programme of subsidies for American wheat in order to compete with the European Community, which it accuses of unfair competition. President George Bush asked the US Department
      Reuter  -  383 words
    • 404 2  -  The Non-Aligned Summit Move necessary in face of Western trade blocs Reports by Yang Razali Kassim in JAKARTA DEVELOPING states within the Non-Aligned Movement should set up trading arrangements along the lines of the Asean Free Trade Area to give the movement a new
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    • 369 2 THE Non-Aligned Movement, proven ineffective over the crisis in Yugoslavia, must play an active role in preventing and resolving conflicts among members if it is to remain relevant in the new world order, said Singapore Prime Minister Goh Chok Tong yesterday. Bemoaning NAM's ineffectiveness
      369 words
    • 370 2 THE Indonesian press is beginning to call him the "little Sukarno". Some wonder if he is not ,already stealing the show from host President Suharto at the Non-Aligned Summit here. Thus, the flood of requests for exclusive interviews with Malaysian Prime Minister Mahathir Mohamad.
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    • 332 2  -  By Sylvia Wong, Kooi Cho Teng SINGAPORE The Watson's chain plans to convert its 21 toiletries stores in Singapore into full-scale pharmacies from next year to tap the greying population and growing demand for over-the-counter medicines. The first Watson's pharmacy will open in
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    • 283 2  -  By Chuang Peck Ming SINGAPORE Looking for a clcan and safe placc to live in Asia? Take your pick: Singapore or Japan. Both arc deemed to be the most pollu-tion-free and crimc-frcc countries in this part of the world. But stay
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 338 3  -  Each takes 1 Opc in Simei residential development By Colin Tan SINGAPORE Cheung Kong (Holdings) Ltd the flagship investment company of Hongkong tycoon Li Kashing and Hysan Development Company Ltd have taken a combined 20 per cent stake in First Capital
      338 words
    • 569 3  -  By William Chia SINGAPORE The company which took over the management of the Jakarta Stock Exchange (JSE) four months ago plans to start a secondary bond market and improve the exchange's settlement and information systems. The president of management company Bursa Efek Jakarta, Hasan
      569 words
    • 760 3  -  THE HOCK LOCK SIEW COLUMN By Alvin Tay SINGAPORE Keppel Bank, formerly known as Asia Commercial Bank, has finally decided to adopt a more aggressive stance overseas. Since coming under the wing of listed conglomerate Keppel Corporation some V/ 2 years ago,
      760 words
    • 313 3  -  By Shoeb Kagda SINGAPORE Local stockbroker Kim Eng Securities has been given approval to trade on the Shanghai Stock Exchange. The firm, a subsidiary of listed Kim Eng Holdings, has become the second Singa-pore-based broking house to get permission to trade in
      313 words
    • 295 3  -  By Dexter Lee SINGAPORE Listed Singapore Aerospace Ltd yesterday denied overseas reports that it would form a joint venture with Taiwan Aerospace Corporation (TAC) later this month. A Singapore Aerospace spokeswoman told BT it was also untrue that TAC president Danny Ko was
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    • 222 3 Bernama KUALA LUMPUR Businessman Tajuddin Ramli has been appointed chairman of Pelangi Air to succeed Abdul Aziz Abdul Rahman, who has resigned. The airline said yesterday that the appointment was made at its board meeting on Aug 26 following the resignations of Mr Abdul Aziz,
      Bernama  -  222 words
    • 298 3  -  By Kooi Cho Teng SINGAPORE Better results from hotel and restaurant operations in Singapore and China have helped property and construction group Lim Kah Ngam Ltd (LKN) lift interim earnings, despite lower turnover. Earnings for the six months to June
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    • COMPANY BRIEFS
      • 59 3 SINGAPORE Shares of locally-listed Cold Storage Holdings will trade on a "scripless settlement" basis from Friday, Oct 16, 1992. The Stock Exchange of Singapore said yesterday that from this date onwards, buyers would receive credit in their Securities Account, while sellers must
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      • 60 3 SINGAPORE Clipsal Industries (Holdings) will be admitted to the main board of the Stock Exchange of Singapore and trading in its shares will begin on Monday, Sep 7, 1992. The SES said yesterday that ClipsaTs 41.16 million shares of 60 Singapore cents each would be traded
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      • 29 3 SINGAPORE Tuan Sing Holdings Ltd has asked the Stock Exchange of Singapore to suspend trading in its shares today pending an announcement by the company.
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      • 24 3 SINGAPORE Singapore Reinsurance Corporation has announced the appointment of John Scott Davidson as a director from Aug 26, 1992.
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      • 52 3 KUALA LUMPUR Malaysia National Insurance Sdn Bhd has reported a 16.3 per cent jump in revenue to M 5312.3 million (*****.7 million) for the year to Mar 31, 1992. Pre-tax profit was Ms 47 million (Ss3o million), compared with M 540.4 million (5525.9 million) in financial
        52 words
    • 228 3 Bernama KUCHING Sarawak Securities Sdn Bhd, a member of the Kuala Lumpur Stock Exchange (KLSE), yesterday denied that it was suspended from trading and its office raided by the authorities. "It is untrue and all that is just rumour. So far our trading and business are
      Bernama  -  228 words
    • COMPANY BRIEFS
      • 81 4 TAIPEI GVC Corp, one of the world's largest manufacturers of computer modems, said yesterday it planned to acquire 30 per cent of Siemens Nixdorf affiliate CPV Daten Systeme GmbH, also a modem producer, for 1.2 million marks (about 551.36 million). Wallace CK
        81 words
      • 76 4 TOKYO Yokogawa Electric Corp's current profit for the year through March 1993 is expected to come to 5.5 billion yen (about Ss7o million), down 51 per cent on the year, the Nihon Keizai newspaper said. The major industrial equipment maker's profit will decline as Japanese companies
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      • 80 4 TOKYO Major Japanese software maker ASCII Corp unveiled the details of a financing agreement with six major Japanese banks at a press conference on Monday. ASCII will receive 16.4 billion yen from the banks, which include the Industrial Bank of Japan, Fuji Bank and Sakura Bank.
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      • 69 4 TOKYO Namco Ltd, one of Japan's top three game equipment makers, will buy the production and distribution divisions of Brent Walker Leisure Ltd, a UK leisure equipment maker, Namco said yesterday. The move will give Namco a production and sales base in Europe. Namco will continue
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      • 87 4 HONGKONG Consumer electronic products manufacturer RJP Electronics said it achieved a net profit of HKS 172,000 (about 5535,600) in the fiscal year ended March 31 against a loss of HKS 14 million the previous year. The figures are after taxes and payments to minority interests. The
        87 words
      • 93 4 HONGKONG Hopewell Holdings Ltd has signed an agreement with the south China city of Shunde to invest a total of 1.3 billion yuan in building two roads and five bridges. The project in Guangdong province was equally owned and financed by the municipal government
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    • 201 4 AP BANGKOK The price of Thai Airways International stock rose by more than 9 per cent yesterday after the prime minister blocked a military attempt to retain chairmanship of the national carrier's board of directors. Thai Airways International stock rose five
      AP  -  201 words
    • 458 4 Trimmer workforce planned, profit estimates revised down AFP TOKYO Japan's slowing economy has forced many electronics companies in the country to streamline operations towards survival, industry sources said. The companies are not expected to recover from the business slump this year despite a large
      AFP  -  458 words
    • 253 4 AP TOKYO Toshiba Corp and Asahi Chemical Industry Co announced yesterday that they were forming a joint venture to develop and manufacture longer-lasting rechargeable batteries. The lithium ion batteries that will be made by the new firm have about twice the power capacity
      AP  -  253 words
    • Article, Illustration
      54 4 DALIAN, China A woman working at the end of an assembly line at the Mabuchi Motor Co factory in Dalian's spdM trade zone. Mabuchi's Chinese employees, whose salaries are about 2 per cent of comparable Japanese workers, chumjH out 134 million of the tiny electric motors in
      54 words
    • 418 4 Reuter ENEY TNT Ltd has it is confident that its it restructuring will place the international transport group in a strong position to return to profitability. "While the worldwide economic outlook remains pessimistic, the group is confident that the restructuring and other
      Reuter  -  418 words
    • 416 4  -  From John Helmer in MOSCOW THE Singapore branch of one of India's largest conglomerates, the Birla Group, has opened a Moscow office and begun negotiating for supplies of fertiliser and coking coal for export to India. Pankaj Pandit, chief executive of Swiss
      416 words
    • 283 4 Reuter MELBOURNE -r MfjMg giant CRA Ltd yesferdaySd its outlook is subdued dflk a slow domestic economfljftcovery, a weaker economy and only commodity price gains. S3 CRA earlier said accounted net profit fdlSB per cent to AS 137.4 mjflßn (*****.9 million) for theSßf year
      Reuter  -  283 words
    • COMPANY BRIEFS
      • 105 6 LONDON The London Stock Exchange plans to launch new index products later this year to complement and extend the FTSE 100 index of the top 100 British shares and the FT all-share index. An exchange spokeswoman said on Tuesday the new indices will
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      • 34 6 NEW YORK Xerox Technology Ventures, a subsidiary for employee start-ups too small or peculiar for parent Xerox Corp, is near breakeven point after only three years, its chief executive said.
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      • 95 6 LONDON Pharmaceuticals and health-care company SmithKline Beecham pic plans major research and development changes to cut costs and rationalise research. According to yesterday's Financial Times, the firm would slash 150 UK research jobs, reduce UK R&D sites to six from eight and withdraw from long-term
        95 words
      • 57 6 LONDON Bermuda-based ADT Ltd expects income from its core security services and vehicle auctions business to top that reported for 1991 as it announces a drop in second quarter pre-tax income. Pre-tax income fell to U5537.6 million (about Ss6o million) from U5549.3 million, the electronic security services
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    • 243 6 Reuter, AP TOKYO International Business Machines Corp and Canon Inc are jointly developing a notebook personal computer in what is likely to result in wider cooperation on PC development. The jointly developed PC is based on IBM's PS/55 range and will feature a small ink-jet
      Reuter,; AP  -  243 words
    • 579 6 Cadbury Schweppes among those expected to show tarnished results Reuter LONDON Britain's severe and long recession is biting deeply into many of the nation's leading food groups, which now face an uneasy future as their recession-resil-ient tags start to look decidedly tarnished. Recession and
      Reuter  -  579 words
    • 406 6 Reuter PARIS French oil and chemicals group Total SA said slack world economic growth, low prices and the weak US dollar were responsible for the shaip decline in its first-half earnings. On Tuesday, the group reported a 47 per cent fail in
      Reuter  -  406 words
    • 196 6 NYT REDWOOD, California Sun Microsystems has signed a contract with a team of Russian computer experts to help the company develop advanced software for use with its workstations. The new agreement followed a joint research project that Sun announced with the Russian researchers
      NYT  -  196 words
    • 376 6 NYT NEW YORK General Mills, maker of the breakfast of champions and the aspiring champion of breakfasts, announced on Tuesday that it planned to add RJR Nabisco's ready-to-cat cereal business to its line-up. General Mills, which trails behind only Kellogg in the growing
      NYT  -  376 words
  • Page 3 Advertisements
    • 79 3 IN THE MARKET PAGES 1 SES drifts lower 16 Thai Airways lifts index 21 Hongkong closes firmer 22 Tokyo ends lower 22 Definitel y Omega Speedmaster ProfrsuonaJ W IJmm Mr V B«< u chronograph in nee) with engraved inscription tf^tlj^"The Fint Watch Worn on the Moon* i on the case
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  • Page 4 Advertisements
    • 176 4 I -v l^jjg B&gg? electroncs se EUcnucASWM !£££&RET y Since Hs inception in 1976, ENEX has attracted over 100,000 part of GIoboITRONICS '92, a massive five-in-one, four-day power hungry trade visitors from over 1,500 companies and some powerhouse of electrical and electronic events at the World Trade 36 countries. Centre,
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    • 5 4 The Bottom Line, Back Pg
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  • Page 5 Advertisements
    • 241 5 Mac users vote HP the best*. I pTkn i The US Magazine Macworld has took unprecendented top Visit your nearest dealer to find /*g£^ just announced the winners of !S|/ honours in every printer and out why there's no better time the prestigious 1992 Macworld T scanner category.'' than now
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  • Page 6 Advertisements
    • 278 6 THOREN TECHNOCENTRE Singapore's newest state-of-the-art industrial ed g e indus t r i e s The most outstanding industrial building in more ways than one 0 E S I G N For the ooportumly to become one AMENITIES. An incomparable futuristic design in tower- few e tenants n An exclusive
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  • FINANCIAL NEWS
    • 373 7 Reuter MANILA High interest rates and foreign exchange reforms have lured speculators into the previously sleepy Manila money market, driving up the peso and fostering fears for the economy, analysts said yesterday. The peso retreated yesterday on Central Bank intervention
      Reuter  -  373 words
    • 442 7 Reuter MIAMI The trail of damage left by Hurricane Andrew will cost private insurers US$7.3 billion (5511.7 billion) in south Florida alone, the most costly disaster in insurance industry history even before estimates for Louisiana are included, industry officials said on Tuesday.
      Reuter  -  442 words
    • 228 7 AFP MANILA The new president of the Philippine National Bank said yesterday that the recent appointment of inexperienced board members would not affect the bank's performance. PNB president Gabriel Singson admitted the perception that the new PNB board was packed with neophytes
      AFP  -  228 words
    • 452 7 JAKARTA Most of Indonesia's private sector banks reported drops in earnings in the first half of this year due to higher interest payments and provisions for bad loans, the Jakarta Post reported on Monday. Bank Niaga's earnings
      452 words
    • 253 7 Reuter WASHINGTON Regulators proposed new rules on Tuesday that would require all but the smallest banks to have their financial statements professionally audited every year. The proposal was required by Congress as a way to improve the safety of the nation's banking
      Reuter  -  253 words
    • 268 7 AP TOKYO Dai-Ichi Kangyo Bank Ltd, the world's largest bank in terms of assets, announced streamlining plans on Tuesday that include a 5 per cent pay cut for 41 top executives and a 20 per cent reduction in their entertainment allowances. Along
      AP  -  268 words
    • SMALL CHANGE
      • 94 7 SEOUL Peace Bank of Korea, South Korea's 14th retail bank, will begin commercial banking in October after capitalisation is completed, bank and government officials said yesterday. With a scheduled total capitalisation of 270 billion won (***** million), Peace Bank plans to focus
        94 words
      • 95 7 HELSINKI Finnish banks' non-performing loans could rise to 70 billion markka (5528.8 billion) by the end of the year from 43 billion at end-1991 unless the current trend is broken, a study published by the Bank of Finland said. The study, which was quoted by the Finnish
        95 words
      • 50 7 TOKYO A computer screen showing the dollar's downward movement in two days as foreign exchange brokers conducted early trade in Tokyo yesterday when the dollar dropped to a new low against the deutschemark and neared a 44-month Tokyo low against the yen after opening at 122.30 yen.
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      • 78 7 STOCKHOLM Swedish state-owned Nordbanken said its chairman Bjorn Wahlstrom had resigned, citing the need for a new leadership to tackle the debt-laden bank's problems. Finance Minister Anne Wibble denied that radio and newspaper reports of alleged impropriety over a government aid grant were behind the shock resignation.
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  • THE REGION
    • NOTE BOOK
      • 99 8 KUALA LUMPUR Major natural rubber producers are pressing for an improved buffer stock mechanism that could effectively shore up their battered commodity when negotiating a new pact. Sucharit Promdej, secretary-general of the Association of Natural Rubber Producing Countries (ANRPC), said yesterday that the present
        99 words
      • 88 8 WASHINGTON Japan, South Korea. Taiwan and Hongkong are forecast to take 31 per cent of all US farm exports in fiscal 1992, the American Agriculture Department says. "Consumption patterns in East Asia show a continued dietary shift towards animal protein foods," said a report
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      • 35 8 KABUL An Afghan construction worker preparing to catch a brick as he repairs a wall. Residents in the capital are taking advantage of the continuing ceasefire to resume their normal activities.
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      • 126 8 MANILA The administration of President Fidel Ramos plans to redistribute 3.51 million hectares of land as part of its agrarian reform policy, said a palace statement issued here yesterday. This would be larger than the 2.05 million hectares of land parcelled out during the six-year term
        126 words
      • 74 8 MANILA The Philippine inflation rate slowed down to 8.9 per cent on an annual basis last month from a stable 9.2 per cent from May to July, the National Statistics Office said yesterday. The inflation rate in Manila was down to 12.3 per cent from last month's
        74 words
      • 86 8 PHNOM PENH United Nations peacekeepers yesterday released 70 detainees who had been held in the Phnom Penh government's prisons for long periods without trial, a UN spokesman said. The release was the work of the UN's human rights component, which has undertaken a study of every
        86 words
    • 388 8 Reuter KUALA LUMPUR Malaysia's economy is cooling oflf after several years of exceptionally high growth, the country's central bank governor said yesterday, adding that he welcomes the more moderate expansion. "To a large extent, 1992-93 represents an important period of consolidation," Bank
      Reuter  -  388 words
    • 373 8 Reuter MANILA The Philippines freed a top Marxist leader on Tuesday and legislators approved a bill legalising the communist party in major moves toward ending a 23-year-old insurgency. Guerilla leader Satur Ocampo, 53, left jail three years after his arrest in Manila's Makati
      Reuter  -  373 words
    • 376 8 AFP KUALA LUMPUR A commission being set up soon to oversee Malaysia's securities market is to define clearly the regulatory powers of financial institutions, central bank governor Jaffar Hussein said yesterday. He said the Securities Commission, to be established by the end of the
      AFP  -  376 words
    • 273 8 AFP MANILA The US wants to maintain strong security ties with the Philippines, the new American ambassador said, even as the last US military dependents left the country yesterday. "We look forward to discussions about meeting our common security interests in the post-bases
      AFP  -  273 words
    • 271 8 Reuter HANOI Vietnamese Prime Minister Vo Van Kiet has said his country will pursue market-oriented reforms and push ahead with the limited privatisation of state companies, but the state sector must maintain a dominant role in the economy. He said in an
      Reuter  -  271 words
    • 323 8  -  From Maggie Ford in JAKARTA INDONESIA is on target to achieve a total of three million tourist arrivals this year, according to Director General of Tourism Joop Ave, following a rise of 21 per cent in the number of visitors in
      323 words
    • 449 8 Workers in more than half the number of buildings in capital hit Bernama KUALA LUMPUR Occupants of as many as half the number of buildings in Kuala Lumpur may be suffering from "Sick Building Syndrome" (SBS). according to an international indoor air quality consultant.
      Bernama  -  449 words
  • Page 8 Advertisements
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  • THE WORLD
    • 440 9 Reuter BONN Politicians and industry officials arc warning that violent racist protests in eastern Germany could scare otT foreign investors and hurt exports. The warnings from both Germans and foreigners follow a week of clashes between right-wing protesters and police in Rostock, Cottbus and
      Reuter  -  440 words
    • 427 9 Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa is coming under heavy pressure to reshuffle his government in the wake of a damaging scandal involving huge payoffs to prominent politicians by a trucking company, j The question is whether he can avert a political crisis
      Reuter  -  427 words
    • 361 9 Reuter NEW YORK Fewer US businesses plan to cut staff this year, according to a private survey released on Tuesday, while the number of companies that plan to hire more employees has inched up from last year. lowers Perrin, a
      Reuter  -  361 words
    • 400 9 Reuter WASHINGTON Palestinians have proposed to Israel a 10-point framework for an agreement on self-rule in the occupied West Bank and Gaza strip, the central issue in the Middle East peace process. Palestinian spokeswoman Hanan Ashrawi told a news conference her team submitted
      Reuter  -  400 words
    • 186 9 Reuter SEOUL South Korea's economic strategists said yesterday a fresh batch of indicators showed the economy was slowing to a soft landing, but analysts said the danger of sliding into recession was still far from over. The central Bank of Korea (BoK) said
      Reuter  -  186 words
    • 260 9 Bloomberg TOKYO The surplus in Japan's current account, the broadest measure of the flow of goods and services in and out of the country, soared 78 per cent on the year to US$9.l billion (SS 1*4.5 billion) in July, according to an average forecast
      Bloomberg  -  260 words
    • WORLD WATCH
      • 56 9 HONGKONG China has officially opened its third taxfree processing zone in the Shenzhen Special Economic Zone, it was reported here yesterday. The tax-free processing zone in Shatuakok, in the eastern coastal border with Hongkong's New Territories, was officially handed over on Tuesday to the
        56 words
      • 66 9 TEMPE. Arizona The US industrial sector weakened slightly in August, the group representing purchasing managers at major corporations said on Tuesday. The Purchasing Managers' Index, one of the first indicators of how the economy has performed each month, fell to 53.7 per cent in August from
        66 words
      • 57 9 HOMESTEAD. Florida Two US Army servicewomen received a presidential surprise on Tuesday when President George Bush dropped in to visit a field kitchen for Hurricane Andrew victims. Mr Bush promised during his visit that the federal government would pay 100 per cent of the costs to
        57 words
      • 71 9 TOKYO Major Japanese companies are still pessimistic about the economy but have welcomed the government's new economic stimulation packagc. says an Asahi Shimbun survey of 100 firms released yesterday. The survey was conducted after the government announced a 10.7-trillion-yen (SSI39 billion) pump-priming economic package. All the respondents
        71 words
      • 68 9 COPENHAGEN The economies of the European Community are likely to grow by around 1.5 per cent in 1992 against a previous estimate of 1.7 per cent, the EC Commissioner for Economic Affairs. Hcnning Christophersen. said on Tuesday. The EC's forecast for gross domestic product growth
        68 words
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    • 169 9 «M to CO ff/mm it's a MultiMillion Dollar Business. Many businesses, no matter how small, have the For machinery financing, the interest rate can be as potential to grow. Sure, it takes hard work, careful low as 3.5%. planning, and confidence. The LEF Scheme has enabled many local enterIt also
      169 words

  • 503 10 EDITORIAL QUITE apart from the purist contention that Parliament ought only to be filled with elected representatives, there is one reservation sceptics have harboured about nominated MPs: Just how much of an alternative voice can such members bring to the House? How far will they raise
    503 words
  • WHAT THE OTHERS SAY
    • 332 10 EMIGRATION has been a matter of some delicacy ever since Mr Lee Kuan Yew gave it urgency in the national agenda at his National Day rally speech in 1989. Singapore was losing youngish people in numbers large enough to have caused Mr Lee, then still prime minister,
      332 words
    • 89 10 THE Non-Aligned Movement needs to re-examine its priorities. Singapore supports the Indonesian move to shift NAM priorities from politics to economics. This shift is important to help revitalise the movement. NAM should not allow itself to be bogged down by political or ideological differences. In the present
      89 words
    • 94 10 SENIOR Minister Mr Lee Kuan Yew said recently it would be best if every GRC had a good school. In the long run, the ranking of schools can motivate neighbourhood schools to improve themselves. It can show which schools have performed better or worse. Since it is
      94 words
  • REGIONAL VIEWPOINTS
    • 180 10 IT IS now high time for NAM to embark on concrete economic cooperation programmes instead of continuing to blame the developed countries of the North for most of their economic problems. There are at least two broad areas of cooperation that have to be included in
      180 words
    • 149 10 THERE is an undeniable logic in the Information Ministry's announcement that 80 per cent of all television and radio programmes must be in Bahasa Malaysia by the year 2000. Minister Datuk Mohamed Rahmat says that after 35 years of independence, emphasis should be given to the
      149 words
    • 181 10 OF WHAT USE is an independent nation if its people live in misery and are perpetually dependent on the charity of others? In other words, for Malaysia to guard its dignity and sovereignty as a truly independent country, its people must strive to transform it into a
      181 words
  • 807 10  -  By demanding high near-term profits the American system is really counter-productive, says Michael Porter of the Harvard Business School. Steve Lohr finds out what solution he has to offer Steve Lohr NYT Business school professors tend to be an anonymous breed, and their research is often
    NYT  -  807 words
  • Page 10 Advertisements
    • 166 10 REACH OVER 40,000 PEOPLE WITH AN ELECTRONIC PROPERTY CLASSIFIED AD FOR JF *Jgij|if fjjj|j| fl| Mm I H m I Only on Shine SPH's On-Line Information Network on Teleview Target your property ads at over right up till 12 midnight)! 40,000 middle to upper income So the next time you
      166 words
  • Page 10 Miscellaneous
    • 64 10 POOWESBURY GARRY TRUDEAU I HAVE* UELL, VES, IGUESSIHAVt DAPCy, YOU CAN'TBE4O' OADPY. rPZ PROOAOLYBECAUSE I'M SOMEBOPTS PLfffINO A DAD, DAP. yw've- ABOUT X)BE4O SOMETIMES TRICK ON VOU! ROBIN HOOP GREAT WRE NOT [BEEN ACT- GROtUN-UPS GETRJNNYABOUT ISNT4O' EVENPIHOSAURS I 40' THAT'S INO KJNP S THEIR BKUHOAYS. AREN'T AUOUJBP TO BE4O'
      64 words

  • ANALYSIS
    • 1111 11 A look at the likely scenario in Thailand after the country's national election Knight Ridder A SHAKY coalition of former political enemies, or possibly even a hung Parliament, are the most likely outcomes of the Thai national election set for Sep 13.
      Knight Ridder  -  1,111 words
    • 1255 11  -  Two of Norodom Sihanouk's sons have become political heavyweights in their country, but in different parties. Harish Mehta finds out from the younger of the two, Prince Chakrapong, how he ended up on the Hun Sen side Harish Mehta TWO of Prince Norodom Sihanouk's sons. Prince Norodom
      1,255 words
  • Page 11 Advertisements
    • 153 11 jjrfl THE COMPLETE OCEANFRONT RESORT "PACIFIC BAY/' COFFS HARBOUR, AUSTRALIA STRATA PLAN APPROVED Comprises 141 condominiums, Beoch Club A complete, integrated beachfront resort in (with nightclub, restaurant, gymnasium, conference every sense, in a major tourist growth area. facilities, squash courts), Village Centre (with Expressions of interest close 12 October, 1992.
      153 words

  • ADVERTISING & MARKETING
    • 498 12  -  Sylvia Wong reports on Singapore's biggest watch dealer Sylvia Wong The family which runs Thailand's largest listed company, Bangkok Land Ltd, has become the biggest watch dealer in Singapore. The Kanjanapas family is believed to be doing business worth at
      498 words
    • 194 12 UPI Quaker state said recently that rival Castrol has agreed to drop a misleading advertisement that implied one of its oils was the only one that passed tough European tests. The ad ran in the March issue of Sports Illustrated under a headline that
      UPI  -  194 words
    • 384 12 NYT Opponents of product placement, the sales strategy by which consumer products and services appear in movies, television programmes and music videos, are seeking to reignite their stalled drive against the practice. In connection with a news conference today in Washington, they plan to play
      NYT  -  384 words
  • Page 12 Advertisements
    • 273 12 The Audi Edge. Our buyback scheme that guarantees a 75% return if you move in the right circles. It's surprising how much you'll receive In fact, the Audi Edge is exclusively AUMCARE PROCON-TEN ARMY QUATTW) SAFETY SYSTEM GALVANIZED BOOT 4-WHKI DRIVE for your Audi in 3 year s time, if
      273 words
    • 52 12 TAP INTO] A US-based company is setting up a chain of high quality child development centres in Singapore and Asia. Investors interested in setting up premium child development centres with good investment returns, talk to us today! Call 285-5766 between 8.30 a- and 6.00pm on weekdays. A NEW MARKET IDENTIFIED
      52 words

  • SPORTS
    • 958 13 NYT SVETI STEVAN, Yugoslavia Brooding and bitter, the American chess genius Bobby Fischer emerged on Tuesday from two decades as a recluse to dismiss the world's leading chess players as "the lowest I dogs around" and to spit, almost literally, in the face of ;the
      NYT  -  958 words
    • 272 13 NYT THINK OF Bosnia overran by Serbian-backed militias. Then think of the chess genius Bobby Fischer violating United Nations sanctions, and decency itself, to play a chess match for profit in Serbia against his old rival Boris Spassky. The contrast
      NYT  -  272 words
    • SIDE LINES
      • 161 13 VALENCIA, Spain Mike McCarthy on Tuesday became the United States' first world professional pursuit champion and the first rider to lower the colours of Britain's superbike. The monocoque racer, produced by Formula One experts Lotus, carried Chris Board man to Olympic pursuit gold
        161 words
      • 83 13 MEXICO CITY Mexico will revamp its national sports structure on the recommendation of a commission formed to evaluate its poor Olympic showing. The Ministry of the Presidency said yesterday that President Carlos Salinas de Gortari "has decided to apply the recommendations proposed by the evaluating commission
        83 words
      • 72 13 NEW YORK Organisers of the 1994 World Cup began a six-week nationwide tour on Tuesday in which the public will vote on a name for the dog that is the tournament's mascot. The "World Cup Pup", which resembles the cartoon character Deputy Dog, will be named
        72 words
      • 106 13 CARDIFF Chris Robertson, the Australian world number three, has been forced to miss the World Open squash championships in Johannesburg later this month through injury. CardifT-based Robertson, runner-up in the British Open at Wembley in April, has been suffering from a hip injury and would not
        106 words
      • 59 13 COLOMBO Sri Lanka needed 286 off 62 overs to win the second cricket Test yesterday after Australia declared at 296 for six following an unbeaten century from Dean Jones. Jones was exactly 100 not out his 11th Test 100 when captain Allan Border declared his side's second
        59 words
    • 583 13 US Open AFP NEW YORK Qualifier Shaun Stafford nearly laughed her way into the sec- ond round of the US Open on Tuesday, until an unnerved Martina Navratilova pulled herself together for a dose-run three-set victory. Navratilova, distracted by Stafford's good spirits in front of
      AFP  -  583 words
    • 434 13 AP NEW YORK He showed up sucking on a red lollipop, his hair hanging limply down to his shoulders, an earring dangling casually from his left lobe, his trademark five o'clock shadow in place. Then he started talking and right away you knew
      AP  -  434 words
    • 321 13 UPI I NEW YORK It is another Grand Slam and seven years later, but it was inevitable Boris Becker would flash '"back to a memorable Wimbledon final. In 1985, Becker shocked the tennis world by becoming the youngest Wimbledon champion at age 17,
      UPI  -  321 words
  • Page 13 Advertisements
    • 73 13 I I H <r\ H L Warehouse Properties: No 1 SENOKO AVENUE PCTWijafl,- (Land Area: 17,344 sq m) I n J (Land Area: 13,393 sq m) A L I T I 'strategic location within I supply available from Woodlands Yishun New Town^^^l 'ample parking for cars container trucks I 'suitable
      73 words

  • Page 14 Advertisements
    • 873 14 Nothing Beats A where to wine, dine I HYATT REGENCY SINGAPORE I I presents for the first time in Singapore. 'v The legendary quintet that gave you such hits as I The Great Pretender*, Only You' and many others. Join us I for an evening of nostalgia and fine entertainment,
      873 words
    • 321 14 Our Chef woujd I f 1 1 Indeed he does. And we suggest you be early for a feast you'll ";*;n^,"' thoroughly enjoy. **-r~ hmotu *ym*Tfi hwm &rfCmai»*r UQj &fmotperr kknta<«m rz*~£.— 111 Otdurd »oa«l 'ilntw»ln OHM Til 7»«4II Buffet Lunch; $15.50- Pineapple Rice, Vegetarian (12JOpm to 2.45pm) c j
      321 words
  • Page 14 Miscellaneous
    • 679 14 TELEVISION AND RADIO GhnsthiKtinp 'M SS?" VJIIUIJ I>U U-lJ vlllfcl 7.25 PM Opening followed by The The Haunting of Sarah Har- 7.00 CNN. BBC, 88.9 mHz in VHF Band II Nlfhtty Business Report. dy (Stereo, See Our Choice). 7.30 Captain N The Game Mas- 7.05 am, 1.30pm, 5.05pm, 1.05 am:
      679 words

  • LIFESTYLE
    • 964 15  -  A new book on the Gandhi family is out in Indian bookshops. The author is none other than Sonia Gandhi. Sanjoy Hazarika reports Sanjoy Hazarika NYT SONIA GANDHI, the Italian-born widow of assassinated premier Rajiv Gandhi, has swept aside the enigmatic veil and stoic silence with
      NYT  -  964 words
    • 980 15  -  BBC announcers seldom trip over tongue-twisting foreign names. A special unit looks up correct pronunciations with phonetical zeal, reports Suzanne Cassidy Suzanne Cassidy NYT DURING the Republican National Convention in the US, an advisory was circulated in the newsrooms of the British Broadcasting Corporation. Among
      NYT  -  980 words
    • 539 15 CHATTERBOX" OPRAH WINFREY is taking her battle against child abuse to prime time. She's hosting a television special, Scared Silent: Exposing and Ending Child Abuse. The documentary will be aired in America, simultaneously on CBS, NBC and PBS tomorrow. Winfrey told People
      539 words
  • Page 15 Advertisements
    • 178 15 AND ENTERTAIN /Jgg/M| lIHi H S Hl| l H H h mm mJ The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. AD drinks at half price A during these hours MST^i: M 1A SINGAPORE Mob to
      178 words
    • 93 15 SffsT^R Don't miss this unbeatable Lobster Promotion! Cooked in its varied ways to bring out that unique flavour, take your pick from our Chef's recommendations or our set menus from $68 (2 persons) to $338 (10 persons). Available from 12 to 30 Sept '92 at China China Restaurant, Nishiki Restaurant
      93 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3888 16  -  By William Chia SHARE prices on the Singapore bourse drifted lower in lacklustre trade yesterday, as investors waited for clearer signals before taking fresh positions. "We're still consolidating," said a senior dealer. "Near-term, the index is likely to toggle between 1,350 and 1,400." Observers
      3,888 words
    • Article, Illustration
      79 16  -  Quak Hiang Whai ON THE weekly charts. City Developments has broken through the support at $3.80 and looks headed for the next support level at $3.00. However, the stock could drift around $3.40-50 for a while as this was the level which provided some stubborn resistance last year.
      SOURCE: BRIDGE INFO  -  79 words
  • Page 16 Advertisements
    • 52 16 p—■———* CALL MILANO'S HOT DELIVERY HOTLINE NOW! 468-2222 i for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! 1 Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm. MILANO 1 AllItiJ&l All
      52 words


  • 3299 18 Dunlop Est CULS 214 +13 +6.5% Dunlop Est 226 +10 4.6% M Cement 50» 258 +8 +3.2% H leong Ind 50* 510 +5 +10% Sime Darby 50« 253 +4 +1.6% Guinaess 50« 293 +2 +0.7% MBf Hldgs TSR97 13Vi +1W +12.5% M Mosaics 82 +1
    3,299 words
  • Page 18 Advertisements
    • 196 18 BinnjESsnMES Toll frao TBI NO: 737-0043 Fax No: 734 3000 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now The StraitsTLmes 'x wttxt*mmtummm* Making an
      196 words
    • 40 18 Your son is studying overseas. And you want him close to home •with news from home. To your principals and business associates overseas, It's assuring that Singapore is great for business. The Straits Times Weekly is like a country report
      40 words
    • 51 18 Someone dose has beenMng in Canada for some yean. You've given up witting those long letters. The Straits Times Weekly tels Rbettet (He might comeback after readngal the good news.) Ymi travel often on business and want to catch up on your return. The week's main issues are condensed hone
      51 words
    • 203 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF CHNG DEVELOPMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 a final meeting of the members of the abovenamed company will be held
      203 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5219 19 Bernama CAUTIOUS investors kept to the sidelines as share prices here ended on a lower note yesterday in listless trading. The KLSE Composite Index at the close fell 0.58 of a point to 572.92. The all-share Emas Index was 0.22 of a point
      Bernama  -  5,219 words

  • BT SHARE INFORMATION SERVICE
    • 137 20 CMpaay Date Yaar 6ro«p Ntt Nat Mratags Cms mm t» profit/lass (L) par slur* tfivMaatf CMC) (emits) T)« H Glass Sep 1 Mar 92 $3,954($5,848) 6.6(98 5(5) HTF HWgs Aug 28 Mar 92 $3,981 ($6,032) 2.7(4 5) 5(10') Murata Aug 28 Mar 92 26.756f(24.522!) 122.5(1128) 30(272) Pertama Aug
      137 words
    • 152 20 Cn»wy Date Yaar Qmp pra-tox Mat urftap Cms mr to praflt/laM (L) par slur* dhridaad (*000) (canto) CoM Store Aug 27 Jun 92 529.871 ($28,680) 16(136) 1SN(13N) Palmco HkJgs Aug 27 Jun 92 MS23.639($9.138) 119(-)) 3TE(—) AM06 Aug 25 Jun 92 M$30.415($43,050) 2.8(4) 35(35) Insas 8hd Aug 21
      152 words
    • 300 20 C—p—y Date Half-year Group pre-tax laterin aaa to pra<lt/l*M (L) <t»Maa< (•00) Apollo Sep 1 Jun 92 $4.155 (J2.S84) Jurong Eng Sep 1 Jun 92 $3,859($2.378) M8f HMgs Sep 1 Jun 92 M$43,050(S41,003) pa Sep 1 Jun 92 110,907(116,256) PSC Sep 1 Jun 92 $2.658($2,436) DBS Land Aug
      300 words
    • 885 20 Currant Ex Baaks Date Total tar Tatal far paywwrt date cteaa payabla tea ysar last yw» miun M 281(1) Aug 31 NYA Sep 14 28% 58% NOB 50c 3.5% (b) Sep 10 Sep 24 Oct 23 35% 3.5% Nn mm 50e 6%(b) te| 26 Sep 7 Sep 24
      885 words
    • 486 20 Sep 1 United Overseas Bank has established a full-service branch in Batam, Indonesia. The branch is operated by UOB's joint-venture bank in Indonesia, PT United Overseas Bank Bali. Sui Corporation Ltd has completed the sale of part of its freehold land at Mandai Estate for $5.71 million cash.
      486 words
    • 176 20 Company Rights Issue G*Mm tap* One-tor-su MSI 50 per share Entate M 27 Books dose Sep 10 Acceptance 4 Payment WYA IMS Onefor-one MS5 00 per share Enfete Sep 7 Books dose Sep 21 Acceptance I Payment WYA OUT One-tor-two SI 50 per share Enlate Aug 19 Books
      176 words
    • 183 20 Metaiock (S) Ltd: 23rd AGM at 182 Randan Loop, Singapore 0512 on Thursday, Sep 3, at 3.00pm Lum Chanf Hoidngs Ltd: Meeting of TSR Holders at 38 Kim Tian Rd, #0340 Kim Tian Plaza, Singapore 0316, on Thursday, Sep 3, at 10.30 am. Imo-Pac Hoidngs Ltd: Meeting of
      183 words
    • 224 20 Conversion Special Trig Scripfen Coo version deadline Period Tradiag Company starts (IDP) (ST) starts Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 CoM Store Sep 21 Oct IS Oct 5 Oct 15 Oct 16
      224 words
    • 362 20 la local ciht la S$ la L'S$ ty yr Sd) Syr 4y yr v pi I Mw chgt chft chge chgc chfe dg World 376.3 -0.4 -7.8 -0.5 -7.0 -0.3 -5.6 JEAFE 438.7 -0.8 -12.6 -0.7 -9.8 -0.5 -8.4 Europe 379.9 -0.8 -7.6 -0.5 -1.8
      362 words
  • 608 20 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  608 words

  • CHINA STOCK EXCHANGES
    • 363 21 Reuter THE STOCK markets continued their slide yesterday with Shenzhen B shares taking another heavy hit, Hongkong brokers said. B share turnover picked up to 2.5 million yuan from a dismal 900,000 on Tuesday but sentiment remained bad, with the Credit Lyonnais Shenzhen
      Reuter  -  363 words
  • 875 21 Volume Price Change Bank Inll Ind 337,000 26SO -SO Bank Bali 306,500 3000 -100 Indah Kiat 302.500 1900 -100 Prima Alloy 185,500 2800 unch Panin Bank 155,500 6850 -200 Bank Duta 154,000 2400 -100 Inti Indorayon 101,000 3850 unch Roda Vivate* 65,000 5900 -250 Sona Topas tour
    875 words
  • STOCK EXCHANGE OF THAILAND
    • 2136 21 Reuter THAI Airways International rose to its 10 per cent limit, pushing the Stock Exchange of Thailand Index up in a market that saw heavy buying of speculative stocks, brokers said. The index ended 8.89 points higher at 762.42 on turnover of 8.89
      Reuter; Source: Bridge Info  -  2,136 words
  • Page 21 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2570 22 Reuter STOCKS ended weaker yesterday on profit-taking with the Nikkei ending off its day's low, brokers said. While many investors stayed on the sidelines on lack of fresh factors, dealers and some individual investors were chasing incentive-back-ed and speculative issues, they added. "The
      Reuter  -  2,570 words
  • STOCK EXCHANGE OF HONGKONG
    • 2488 22 Reuter STOCKS closed firmer yesterday after a quiet afternoon in which the market was becalmed on a lack of overseas interest, brokers said. "It's a retail market dominated by the institutions, who are distracted by events elsewhere, doing absolutely nothing," said one broker at
      Reuter  -  2,488 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2072 23 Reuter CONCERN about earnings growth and steady offshore selling sent Australian shares lower at the close yesterday. "Offshore investors are all pretty nervous about the currency and there have been some fairly large sell programmes," one broker said. "Disappointing results from CRA
      Reuter; Source: Bridge Info  -  2,072 words
  • REGIONAL STOCK MARKETS
    • Manila shares rally as peso dips
      • 591 23 SHARE prices, hitting oversold levels after a sharp decline, rebounded yesterday on expectations that the peso climb had abated. The Manila Stock Exchange Composite Index rose 25.43 points to close at 1,392.34. At the Makati Exchange, the Composite Index closed 27.33 points higher at 1,421.06 "Everybody expected a market
        591 words
      • 861 23 STOCKS closed higher yesterday as a late-afternoon buying spree in large-cap-italisation shares outweighed earlier profit-taking, brokers said. "After Tuesday and yesterday, the correction period is over," said Hong Seung-hyob of Dongsuh Securities, referring to the consolidation on Tuesday and early yesterday in the wake of rapid gains early in
        861 words
      • 535 23 LATE profit-taking yesterday pulled share prices down to finish lower after a day of narrow trade, but brokers said investors remained optimistic and the index could test the 4,000-point level in the near term. The Weighted Index closed 26.84 points down at 3,933.61. Turnover was a moderate NT524.35 billion
        535 words
      • 58 23 SHARE prices fell yesterday on selling pressure by operators reducing commitments before today's settlement in cash shares, brokers said. The Bombay Stock Exchange Index fell 29.92 points to 3,040.57. The National Index fell 10.68 points to 1,345.90. Broker Anup Shah said the market opened weak at 3,035 points but
        58 words
      • 50 23 INDICES TURNOVER CVMC Sep2 rwrt— NEW ZEALAND NZSE-40 Capita] unav 1,483.88 MANNA Composite Index Turnover (mil pesos) 1,392.34 181.84 1,366.91 163.36 25.43 18.48 TAIPEI Weighted Price Index Turnover (NTS billion) 3,933.61 24.35 3,960.45 25.56 -26.84 •1.21 SEOUL Composite Stock Index Turnover (billion won) 562.74 462.5 558.60 639.6 +4.14 -177.1, >3
        50 words
      • 145 23 New Zealand Sept 2 NZS VoK'OO) ANZ Banking ...4.10 -0.10 9200 Bank of NZ 0.77 -0.01 1000 Baycorp 0.39 unch ***** Bnerieylnv 0.85 -0.03 *****73 Carter Holt 2.58 -0.06 *****0 Cavalier 4.25 0.02 *****0 Ceramco 3.50 -0.05 *****0 Corp Inv 0.31 unch ***** Cultus Pet 0.53 Donaghys 2.98 unch 7000
        145 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Rally in airline stocks lifts Wall Street
      • Article, Illustration
        1345 24 STOCK prices closed higher in moderate trading on the New York Stock Exchange on Tuesday, lifted by an impressive rally in airline stocks despite some concerns over a floundering US dollar. The blue-chip Dow Jones Industrial Average, which lost 10.26 on Monday, rebounded 8.91 to 3,266.26, while the
        1,345 words
      • Article, Illustration
        742 24 SHARE prices continued to slide here on Tuesday, with trading very slow to pick up as dealers returned from the three-day holiday weekend, worried at the start of a difficult week for the pound. The pound continued to slip closer to its permitted trading lows in the European exchange
        742 words
      • 293 24 THE DOLLAR'S renewed tumble and a gloomy forecast about the nation's economy from a business leader sent German shares falling 1.3 per cent on Tuesday. The 30-share DAX Index lost 22.55 points to 1,518.70, virtually wiping out Monday's 24.78-point gain. "The US dollar has come off strong- ly and
        293 words
      • 220 24 LEADING shares closed moderately lower on Tuesday as investors spent another day mesmerised by the forthcoming vote on the Maastricht Treaty on European union. The CAC-40 Index ended 10.65 points, or 0.63 per cent, lower at 1,674.23 on paltry volume of 1.15 billion francs. Persistent currency strains, epitomised by
        220 words
      • 244 24 SHARES ended broadly weaker on Tuesday with key stocks closing near session lows, with the market as a whole suffering from the weak performance of Fiat shares, which drifted lower in thin trading in the absence of buying interest. Brokers said the break through the psychologically important 4,000 lira
        244 words
      • 328 24 SHARES ended a moderately active session slightly lower on Tuesday. Dealers said a firm Wall Street opening and positive inflation news helped to offset the low US dollar's negative impact. The All-share SPI Index closed 3.9 points easier at 1,092.1 and the SMI Index lost 4.3 to 1,747.3. Both
        328 words
      • 252 24 SHARES closed lower on Tuesday, damaged by the US dollar's freefall and a continued lack of investor interest, dealers said. "This US dollar is deadly. It's got to go up or we'll keep on slipping," said trader Hans de Jonge at Barclays de Zoete Wedd. As the US currency
        252 words
      • 380 24 A SHARP rebound in the financial rand foreign investment unit combined with a weaker London market and a pull-back in futures saw leading South African stocks come off highs in steady trade on Tuesday. Normal trading volumes were low, but a number of special deals helped boost the overall
        380 words
      • 363 24 STOCKS closed with slight gains on Tuesday, though few issues recorded any significant gains, dealers said. A few block trades picked up volume in what is traditionally one of the slowest weeks of the year, they added. The US dollar fell to new lows against the German mark, but
        363 words
      • 74 24 INDICES TURNOVER NEW YORK Close Previous Sep 2 Dow Jones SAP 500 Turnover (million) 3,266.26 3,257.35 +8.91 416.07 414.03 +2.04 174.43 161.48 +12.95 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,670.0 1.680.6 2.298.4 2.312.6 311.7 337.7 •10.6 -14.2 •26.0 FRANKFURT DAX Index 1.518.70 1.541.25 -22.55 AMSTERDAM EOE Index 275.45
        74 words
      • 153 24 Brussels Sept 1 Francs FORWARD MARKET Acec 2550 Arbed 3090 20 Astur 504 Brascan 449 -3 Canpac 417 +14 Cock 137 unch De Beers 435 7 Ebes 7730 GBelg(P) 1795 -25 Gb-lnno-Bm 1272 -28 Gevaert 6100 40 Gr Bru Lamb 2530 unch Hobok Petro 8470 130 Ryl Dutch 2620 15
        153 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1210 25 REPORTS m Tokyo: Short-covering yesterday pushed up the US dollar from a historical low against the mark to end near New York's Tuesday closing levels against the German and Japanese currencies. In Tokyo morning trade, the dollar posted a new
      1,210 words
    • 377 25 Crass rates se P 2 US$ S$ MS Dm Yen SFr AJ NZ$ US$ 1.5950 2.4890 1.3900 122.50 0.4995 1.2350 1.3928 1.8519 SS 0.6270 1.5605 0.8715 76.8025 0.3132 0.7743 0.8732 1.1610 MS 0.4018 0.64 0.5585 49.2166 0.2007 0.4962 0.5596 0.7440 Dm 0.7194 1.1475 1.7906 88.13 0.3594 0.8885
      377 words
    • 549 25 Interbank rates S$ Bid Offer Overnight 0 1/8 1-month I 3/4 I 7/8 2-month I 15/16 2 1/16 3-month 2 1/16 2 3/16 Overnight mode: 1/2 LSS Bid Offer 7 days 3 5/16 3 7/16 1 month 3 7/16 3 9/16 2 months 3 3/8 3 1/2 3
      549 words
    • 259 25 Reuter LONDON The ECU bond market is showing all the classic symptoms of a market in crisis as it struggles to confront the possibility France will reject the Maastricht treaty at a referendum later this month, economists say. "It's a market which has reached
      Reuter  -  259 words
    • 1572 25 SIMEX El)—OOLUU> Open High Low Sett Est Vol Act/Vol OjVlnt Sep 92 96.56 96.57 96.56 96.56 1600 1768 ***** Dec 92 96.42 96.43 96 41 96.42 6400 5807 ***** Mar 93 96 40 96.41 96.38 96.41 8200 6682 ***** Jun 93 96.12 96.13 96.10 96.12 2600 2623 5247
      1,572 words
  • Page 25 Advertisements

  • COMMODITIES
    • 410 26 Reuter NEW YORK Coffee drinkers are enjoying the lowest prices for their brew in neaiiy 20 years, but industry experts fear that the weakness in prices is jeopardising future supply. World coffee prices have declined steadily, falling from US$l.2O a pound in
      Reuter  -  410 words
    • 232 26 JAKARTA Most of the members of the Association of Indonesian Coffee Exporters (AEKJ) are now on the brink of bankruptcy due to a devastating slump in the industry, reports Jakarta Post. Quoting Dharyono Kertosastro, chairman of the association, the report yesterday said less
      232 words
    • 770 26 REPORTS SINGAPORE rubber prices closed easier yesterday in quiet trading in line with lower values on the Japanese markets. Prices opened slightly better with Tokyo and Kobe prices encouraging some covering by local non-members which lifted prices of the RSS 1 and
      770 words
  • 1484 26 Rubber HAS Cwwioilty MMp (hrtra dwit it lp) K$S 1 C—tract (S cents/kg) Cose Volume Open Month High Low Sett (tonnes) Interest Oct 92 137.00 136.75 136.75 300 3,025 Nov 135.75 135.50 135.75 500 3,150 Dec 135.50 135.00 135.00 350 3,575 Jan/Mar 93 135.50 134.75 135.00 900 16,650 Apr/Jun
    1,484 words
  • Page 26 Advertisements
    • 142 26 m•«jm a i M Quality Control Managers Oil Traders Software Engineers Sales Executive Customer Quality Engineer Project Engineers Accountant Saies 8 Marketing Manager Regional Training Consultant Operations Scheduler Administration Manager Industrial Engineers Naval Architects Business Manager Management Accountant Senior Process Engineer Plastics Specialists Personnel Officer Airport sors Information Officer Reporter
      142 words

  • 1240 27 CNy Flight eta Flight ETD Abe rtrtrfH GA893 1315 A*MMa Qf5 SQ228 1955 2050 Ammm RJ183 0005 AmtaNaa. SQ319 KL837 0715 1255 KL838 2240 Atfcam SQ347 1755 Auckland BAH SQ288 1505 2015 r—m Gf 148 0855 GAS 25/910 1755 1 M Btpm« SQ181 1410 SQ182 0915
    1,240 words
  • THE TRAVEL PAGE
    • 648 27  -  LETTER FROM CARACAS By Gary Regenstreif VENEZUELANS once dubbed their capital a "branch of heaven", one famous visitor called it a "little Paris" and another praised its rich vegetation. But residents, far from singing Caracas' praises, are marking its 425 th birthday by bemoaning its faults. The
      648 words
    • 152 27 As at 10am yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1391 1.15-46 Canadian dollar 1.3200 1.3467 NZ dollar 0.8513 0.8685 Sterling pound 3.1843 3.2275 US dollar 1.5900 1.6000 Local dollars to 100 ante of foreign cwticy Austrian schilling 16.13
      152 words
    • 69 27 Duration Title Venue Organiser Tel Duration Titk Venue Organiser Td Sept 24- Autumn Show for Zurich, ZUSPA, Zurich (41)1/*****01 3f?, 29 Trade Ftir Vienna, Wiener Messen (43)222/ Oct 4 Household, Home. Switzerland 1X1 3 for Meul Working, Austria Und Congress *****290 Sport Fashion u l£" atK)n Sep*
      69 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe from «art to Pmniah.
      45 words
    • 6 27 Innovation Technology in BT every Tuesday
      6 words
    • 88 27 j/ limn new, news, llaSafl NEWSY mm ■s I m Pidtppwi PIfiFAHF "HUE vliE ofthenNnffi Sensational. Shocking. Wow! Have your reactions been any of these? Now, put yourfeebngs down on paper. Votefor your favourite Page One of The New Pafier, and you might win one cffive $1W cash vouchm. Simph
      88 words
  • Page 27 Miscellaneous
    • 232 27 mess (8) Hf Hi ||H Hi Ml 6 Loose dress can conceal 9 For casual work, ring di- vine patient chap (3,3) Clothes-trunk carried on a Hf j|H IIV 12 Church leaders miss out in 3 4 j 16 Nunnery has a under 19 Resolution of one in re-turn-journeys (6)
      232 words
    • 159 27 Singapore Outlook: Showers over several areas in the late aioraiiig and early afteraooa. Report Maximum temperature 32.0 Assoc humidity 65% Minimum temperature 25.1 Assoc humidity 90% Hours of sunshine 6.05 Rainfall in mm 0.2 Rainfall this month 0.2 Rainy days this month I wono report Asia-Pacific Hi/Lo* Cood. Bangkok 33/26
      159 words
    • 26 27 ft POX. THINGS TF\K£_ NO P\LuiPY/S UKC \T'S R Y\F\P G>RVGA4T NOTiC£..». CX Ptv/ DAV.... VAF\? fc£f\OTiFUi- s *'P 8753 I C ASSOCIATED N6WSPAP6M LTD., IM2-IM2
      26 words

  • 493 28 China imposes news blackout on issue dates AFP, Reuter HONGKONG South China's boomtown of Shenzhen has doubled the number of new shares to be issued to one billion following last month's deluge of would-be investors and a subsequent night of
    AFP,; Reuter  -  493 words
  • 369 28 Reuter TOKYO Japan could face a severe tax revenue shortfall this year if corporate tax payments continue to fall, which could affect financing for the government's new economic stimulus package, officials and analysts said yesterday. "You can't wipe out concerns that the
    Reuter  -  369 words
  • 498 28 Reuter WASHINGTON Orders received by US factories weakened in July because of less demand for aircraft, while order backlogs tumbled for an 11th straight month, the US Commerce Department said yesterday. The 1.1 per cent drop in July orders to a seasonally adjusted U*****.8
    Reuter  -  498 words
  • 238 28 Reuter TAIPEI Taiwanese police yesterday detained the captain and two crew members of a Taiwanese trawler which collided with a luxury liner off Malaysia last month, officials said. The trawler, with 22 other crew members on board, was believed to be
    Reuter  -  238 words
  • 394 28 AFP, Reuter NASIRIYAH, Iraq Iraq has ordered its air force not to intercept Allied war planes policing the "no-fly" zone over the south and pulled troops out of the region, a senior official said here yesterday. Tahar Jalil al-Habbush, the
    AFP,; Reuter  -  394 words
  • 688 28  -  The Bottom Line LOH HUI YIN LOH HUI YIN The writer is a BT news editor LETTING GO of power and perks is never easy, especially when they come with the prestigious job of chairman of Thailand's flag carrier. So Air Chief Marshal Gun Pimanthip's
    688 words
  • 114 28 AFP KUALA LUMPUR Malaysia, waging a fierce war against smoking, is considering banning cigarette sales at social functions, including weddings and sports events soon, a senior official was yesterday reported as saying. A senior Ministry of Health official said the government was
    AFP  -  114 words
  • 161 28 Taipei may ban Korean ships from TaiwanJapan route Reuter TAIPEI Taiwan, which broke diplomatic ties with South Korea last week, may ban Korean shipping firms from operating along the Tai-wan-Japan route, the Communications Ministry said. Jasper Chu, director of the ministry's navigation and aviation department, said the government was considering
    Reuter  -  161 words
  • 391 28 AFP, Reuter TOKYO Russian President Boris Yeltsin will propose including the United States and China in RussoJapanese talks on Asian security in a speech scheduled for Sep 15 in Tokyo, press reports said yesterday. Citing Russian government sources, the Yomiuri daily said
    AFP,; Reuter  -  391 words
  • Page 28 Advertisements

  • Shipping Times
    • 376 29  -  By Dexter Lee SINGAPORE American President Lines (APL) and Orient Overseas Container Line (OOCL) will soon call at Thailand's newest deepsea port of Laem Chabang. APL and OOCL vessels will berth at Terminal Three, which is operated by Eastern Laem Chabang Terminal
      376 words
    • 371 29  -  From Al Labita in MANILA MANILA'S business liberalisation policies have spawned a flood of proposals from foreign firms wanting to set up container ports under a build-operate-transfer (BOT) scheme. the list is HongHopewell Holdings Ltd which is eyeing a
      371 words
    • 251 29 Bernama JOHOR BARU Johor Port recorded a satisfactory increase in its throughput during the first quarter of this year with improvements felt in almost all categories of cargo handled. Between January and March this year, the port handled a total of
      Bernama  -  251 words
    • 295 29 AFP SYDNEY The Australian government will tighten procedures for shipping toxic waste, an official said yesterday after Greenpeace accused it of breaking international law. The official, who asked not to be identified, said the government conceded there had been "a technical breach"
      AFP  -  295 words
    • 154 29 AFP PARIS Six European aircraft makers have said they will join forces to develop the maritime patrol aircraft of the next century. Alenia of Italy, Britain's British Aerospace, Casa of Spain, France's Dassault Aviation, Deutsche Aerospace of Germany and the Netherland's Fokker have
      AFP  -  154 words
    • 461 29 Reuter, UPI BOSTON The Queen Elizabeth 2 eased out of dry dock on Tuesday and set course for Germany where permanent repairs will be made to its damaged hull so the luxury liner can resume trans-Atlantic crossings and cruises. The 292-m liner gingerly slipped
      Reuter,; UPI  -  461 words
    • LOG BOOK
      • 151 30 GENEVA World airline traffic in July was 10 per cent higher than in the corresponding month of 1991 but still below expectations, the International Air Transport Association (lata) said on Monday. Freight traffic rose 8 per cent and the figures for the first seven
        151 words
      • 68 30 KUALA LUMPUR Petroleum-rich Brunei has set up a body to tackle oil spills caused by exploration operations and tanker accidents off its coast, a senior government official said. The measure was being taken largely because Brunei's waterways are close to the routes frequented by oil
        68 words
      • 120 30 BELGRADE Yugoslav Prime Minister Milan Panic stepped off a federal armed forces ship minutes before it sank in the Montenegrin bay of Budva, the daily Borba said here on Tuesday as he faced a censure motion from his own parliament. The prime minister of Serbia
        120 words
      • 72 30 PERTH A light plane crashed on Tuesday about about 600 metres short of an airport runway in Western Australia, killing all six people aboard, police said. The six-seater Beechcraft Baron, crashed at the airport in Geraldton, about 425 km north of the Western Australian
        72 words
      • 111 30 JOHANNESBURG A plane carrying journalists crashed during takeoff in southern Angola after an engine caught fire, killing three people, officials said on Tuesday. All three flight crew members died when the plane crashed outside Jamba late on Monday, according to Professional Aviation, the South African
        111 words
    • 888 30 Pa«e Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo
      888 words
    • 991 30  -  At a time when even big international airlines are struggling to secure their future the Swiss carrier appears unable to establish a convincing strategy, writes lan Rodger Ian Rodger FT AS OF an aged movie queen, it might be said of Swissair these days that it
      FT; Source: FT Graphits  -  991 words
    • 485 30 THE DRY cargo freight market on Tuesday saw fairly routine business with rates mostly little changed to a touch easier. Business included a heavy grain fixture from the US Gulf to Japan at USS 19.00, with the rate for the run in the Baltic Freight Index (BFI) left
      485 words
    • 323 30 FREIGHT shipping rates faltered during the past week, slipping back as traders waited for a seasonal recovery in the industrial sectors, while grain carrying continued to dominate. The market indicator, the Baltic Freight Index (BFI), slipped eight points against the previous Friday's rate, to close at 1,073 points.
      323 words
    • 7998 38 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
      7,998 words
    • 3294 43 A X aH ontaincrlinc NV: Bclsin Shpg Agencies Pie Lid (SVMarinc Handling Sdn Bhd (PK/PN). Accord Group. Accord Shpg Pie l td (SVAccord Contr Line (PK/PN). Vdkris Business C orpuration Philippine Calsource Shpg Trdg Pte Lid (S) Ahrenkiel Liner Sen ice: Kim Shpg Trdg (S). Albalrot Sea-Air Seniee:
      3,294 words
    • 267 43 Abacus (uufkfs Tel: 545-801 I. Fax: *****98 Air FApress Iratd Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16 *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines!. 747-7421. Fax: *****75. Citv-Link International Tel: 344-3377. Fax: .*****50. C luster lank Supplies
      267 words
    • 1467 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74 *****50. Air
      1,467 words
    • 3556 44 ALBANIA Dvurres: Four vessls in port of which 1 bulk wheat. I bagged flour, I glass, 1 general cargo. ARGENTINA Labour working normally. Baeaos Aires: Some congestion still waiting for general cargo berths will have approximately 2 days delay berths. Saa Lorenzo: Four vessels loading by-products; 2 vessels
      3,556 words
    • 562 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK SI A SQ827 B747F 1730 2 CPH/DXB SI A SQ/ B747F 0715 2 DXB/LON CLX CV 794 B747F 1845
      562 words
    • 262 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nm* of Vewd ETA ETD Porta of Crib Pwt Aget Telephone No SEPTEMBER 06 06 Fantasy Wortd 1000 1900 Sin-Port KJang Sembawang Johnson Mgt 227-8284 09 09 Fantasy World 1000 1900 Sin-Jakarta Sembawang Johnson Mgt 227-8284 13 13 Fantasy World 1000 1900 Sin-Port
      262 words
    • 752 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Sprite/Spirit 27,456 dwt and built 1977 Oshima; both vessels mspectabie Singapore (Sep 8-9 for Sprite and Sep 28-29 for Spirit); on offer for about USSSm. Diwmtm: 35,941 dwt and built 1982 I ma
      The information was contributed by Simpson Spence & Young  -  752 words
    • SHIPS IN PORT
      • 560 45 K«yW» Berth WwI Pgartw tort fry Bth IWal [Mpartit Jurong Part Wwn 2 209/92 P03 02 09/1800 03 09/0600 Oun») 027 J4/5 alongside 03.09/2359 Lampong *Y» U/92 P098 0209/1900 0309/1100 Fi Tanker 1 J9 akxtside 0309/1500 Lawas 11/92 P04 0209/1600 0309/0600 fortune Dora 01A/92 17/8 alongsA 0309/1500
        560 words
      • 236 45 wwfc ron Berth: 1: Hong Soon, Geniki; 2: Jin; 3: Kahraman Maras; 4: Vienna Wood N; 5: Vorosmarty; 6: nil. 01 jetty: Stoit Falcon, Subur. DCJ: Pollux Gas. Due on Sep 2: Santi, Ocean Winner, Dassan, Lias Venture, Yamakuni Maru,<Poros. Uni Modest Bunga Kemuning. Due on Sep
        236 words
      • 1670 45 1»: 3 k T i: 3 jui *':<i SNp Voy No Containers a* aiabte a* Voy No Contatwrj r ratable Wana Bhum 155N 00 00.92 0000 OOCl Fame 07E COO(EST) 02.0992 0700 Dubai C9214W 01.09.92 0700 An iayakarta ***** COO(EST) 02 0992 0700 B Meter 364 88 01.0992
        1,670 words
    • 756 46 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised I by Seatrade. The event will take blace 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:
      756 words
    • 434 48  -  Bid for mobile phone deal still on By Dexter Lee SINGAPORE Shinawatra Computer and Communications' reported withdrawal from the mobile phone network race in Cambodia is unlikely to improve the chances for the other telecommunications companies that are bidding for similar contracts there. A
      434 words
    • 190 48 AFP JERUSALEM Israel has discussed with Egypt the possibility of building a railway from Cairo to Tel Aviv which would eventually link Israel to Africa, Transport Minister Israel Kessar said on Tuesday. He told reporters on Monday that he discussed the project with Egypt's
      AFP  -  190 words
    • 822 48 Motorists will be affected in the form of higher petrol prices Reuter AMSTERDAM Europe's oil refiners face a multi-bil-lion dollar bill to meet environmental targets for the rest of the decade and motorists will probably have to pay it, the industry and petroleum
      Reuter  -  822 words
    • 318 48 UPI VIENNA The Austrian provincial city of Graz took a brave step on Tuesday by introducing a blanket speed limit of 30 km/h within its boundaries. It is the first city in Europe to introduce such a regulation. The move, a test period for
      UPI  -  318 words
    • 413 48 AP SMYRNA, Tennessee Nissan will launch its most expensive advertising campaign ever to convince Americans the new Altima is the midsize car they should be driving, company executives said on Tuesday. That word came as the Japanese car maker presented
      AP  -  413 words
    • 452 48 UPI SAN FRANCISCO The telephone company Contel agreed on Monday to change its practice of forcing Hispanic workers to speak Spanish to customers, even if they were not fluent, but not allowing them to speak it to each other. The announcement ended
      UPI  -  452 words
  • Page 29 Advertisements
    • 18 29 Hazy skies for Swissair, Pg 2 Telecom unaffected by Shinawatra's pullout from Cambodian mobile phone project, Pg 20
      18 words
    • 379 29 the jg FAMOUS dVZOPi ■■MIIISIJ 224 1833 For more information pleane refer to Pg. 13 1993 Diploma Programme In Shipping Port Management JOINTLY OFFERED BY SINGAPORE PORT INSTITUTE AND THE UNIVERSITY OF DELAWARE, USA Applications are invited for enrolment in the 1993 Diploma Programme in Shipping and Port Management from
      379 words

  • Page 30 Advertisements
    • 133 30 Um« aMi mtvlcm rtprnnM SS££»^^) For advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090. Scalpel... scissors._sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Essential information accessible every business
      133 words

  • Page 31 Advertisements
    • 2928 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \lVlF# BOOKINGS TEL: *****34 *****58 ■lIIIIM TERMINAL/CFS TEL: *****18 220 PBftftMn PESAKA JARDINE SHIPPING AGENCIES SON. BHD. \SSw A PORT KELANG TEL: *****18 FAX: *****91 *****88 4 C a ««/<« PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 !SZ£ Dedicated to duality ogfvic©
      2,928 words
    • 2924 31 ■nimma WEEKLY DIRECT CALL TO NAGOYA SEA LAND VOYAGER 182E ETA SIN 7/9/92 ETA NAGOYA 17/9/92 Vessel Voy ETA ETO Feeder by DESTINATIONS Leerort/Aries This week Mckmney Maersk 9208 bnMWmHlHWWWWlWl—9»awwimi—a— 08/9 oeoo hrs Mil CFS 07/9 2359 HRS JOH LPK PEN OAK MEM ATL MIA PHL NYC MON TOR MCKINNEY
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  • Page 32 Advertisements
    • 1411 32 ROAM/ VOY NO S PORE JEDOAH SHAMTON H'BURQ ANT LE HARVE KMll TOKIO EXPRESS 07/135 3/9 12/9 2679 22/9 21/9 LEVERKUSEN EXPRESS 08/335 6/9 23/9 25/9 28/9 29/9 »mt ■bmbThmm KITANO 15/138 10/9 19/9 3/10 29/9 28/9 riannTnY 7.£j_.j THAMES 13/338 13/9 30/9 2/10 5/10 8/10 ELBE 12/137 17/9 28/9
      1,411 words
    • 407 32 I ocT®Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder V——l ITA Mi ORIENTAL KNIGHT 11/09 VILLE DE TUCANA 18/09 VILLE DE LA FONTAINE 24/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vtssti sfott wa loaomc fob UfflM GHSHM *1* IS/M stoyta COLOMBO. MMC. P.
      407 words
    • 1385 32 11 mm**mw I SERVICE SSiHi SiJSSST^ 7 3 E'" 02/10 oi/io S/io os/To wTio nln I l?/22 ?K!! 11/10 12/10 12/10 14/10 15/1 I MnSAUA «KAN 15',12 11/10 19/10 20/10 21 /w WW 23/1] 29/09__21/10__23/10 25/10 26/10 26/10 27/10 2t/10 29/ll MMAUA A 1 „,7 L ,L 51 ALX PSO
      1,385 words

  • Page 33 Advertisements
    • 2017 33 9 STRAITS SHIPPING PTE LTD AEBf 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUt SAtS SMGAPOftE PHONM PENH IS? ai I>W In PI 03 Sep ARK lIS PWWCISS *9201 04 Sep 0« Sep MB raw II Sli l*" MIS «"*BS V 9203
      2,017 words
    • 2254 33 SINGAPORE AGENT: IJatl 1 f AfltQlflAl*C P&O Containers (Singapore Agencies) Pte Ltd X O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 W» Te,: 225 2233 Te R S ***** PNOCSP Fax: 225 5327/222 7517 CR Numbef **********0z EXPORT V IMPORT VESSEL VOT pSS -P*o MN ALO SOU ANT
      2,254 words

  • Page 34 Advertisements
    • 682 34 ixmmm CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/HOY STOKE ROAM ADAM HDURG BREMEN MTNERP SIWAJAM 35*6 5/3 1/10 12/11 16/10 20/10 KUTM/2MB 0/10 0/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subfact to Indue Also accepting cargo to C«Mbl*nc«, Port Said, Port Alexandria, Ganoa. Triaata.
      682 words
    • 1587 34 OHANJIN SHIPPING] FDR VSL SM LM HAUL IGB OAK FDR VSL SM |UK HAUL SAV IM NYC HANJM ELIZABETH 005E 5/9 DMECT 21/9 30 9 FISHGUAKO BAY 210N 7 9 H. SEATTLE 02SE IS/10 IC/10 16/10 HARJM VANCOUVER 010E 13 9 DMECT 4/10 //10 HARM CICJU OI6E 14 9 M
      1,587 words
    • 1312 34 ~i f i H'TH'l ~TTTfc I pit w isc m kc w wi oa *cr sw iro uu as w ire uw um km nr ik ra cm m sr I I f \'l "/J ,\'l .VI I* 7 i!'! 1?'? «/o 2/1014/10 m/io i?/io 27/10 a n 21/10 30
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  • Page 35 Advertisements
    • 2028 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL 27M100 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 mm mam FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/india/pak NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL: (03) *****23
      2,028 words
    • 1200 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EMTBOUM)—DBCHMGWC WtSTBOUHD-LOAONC TRMCHPPED HA ROTTERDAM" wans ww law |m
      1,200 words

  • Page 36 Advertisements
    • 1540 36 K k4 TT W* f f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CH *0: **********0H) W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 r\| H MALAYSIA; "K" LINE MARITIME (MALAYSIA) SDN BHD M. X U J TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA LTD
      1,540 words
    • 895 36 PHIU-ORI€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76 *****38 BY AIR, LAND OR SEA.... 3&L we take on the world for you m? MEMBER OF SINGAPORE FREIGHT FORWARDERS 8 SEP SYDNEY. MELBOURNE. BRISBANE. FREMANTLE o SEP AUCKLAND WELLINGTON. LYTTLETON,
      895 words
    • 251 36 I /W, GOLDEN LINE Y IkCG2V GUAN guan shipping g!>y\ (PTE) LTD 1 21. T*k hrm torn SMGAPOK 0104 TEL 4341*1 (10 1MB) Fa U4IM4 (9 H> IOinUtMM) ■TRAITI/HMUM OPlf IMTICI S port P. Mang Penang GOLOn «OKH Mrachi Daba/Ommm 14/10 U* eOUO KM Karach. Dub* Dmnun S/»M CHINA IKKTICK
      251 words

  • Page 37 Advertisements
    • 2255 37 SsSIPtL pacific international lines ipte) ltd IM-IMI Km MH 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I VESSEL vnv «.u T mm VESSEL VOY SIR BKK SIN It OTAmo AH Im o KOZINTMV 35N S/9 8/9 12/9 TPOiT.i 22
      2,255 words
    • 857 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|P GUOANG PENANG PKELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 4/9 4/9 5/9 BENALDER 2352 8/9 25/9 27/9 28/9 30/9 E 11/9 n/9 12/9 TOYAMA 2362 15/9 2/104/10 5/10 7/10 0 18/9 18/9 19/9 AROSIA 2372 22/9
      857 words
    • 229 37 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 Sap ETA Lagos 20 Oct Port Harcourt 26 Oct Calabar 30 Oct I °BSA° TRANSPORTATION w MYANMA \Pmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdj m VIISN In Ft SU 4/6
      229 words



  • Page 40 Advertisements
    • 1621 40 Full Container Liner Services «*,*<, Cmr«SoctHf 4f»nU AntwaMlMM —-f *-trt| Til ITlIf HE CMtfrtrtrjin lullMilHHl Cosfar Shipping Pt» ltd amm,"** ***<**•>*"* 2 Mistri Road 47 Hit Street ***** Port Klang off Jaian i™* *,inn*, i atari a Pusat HMC Building *15-00 Chinese Chamber of Commerce *0745/07 Setangor DarulEhsan w"sW/U2 5M7
      1,621 words
    • 606 40 EXPORTS TO HONGKONG. TAIWAN. MANIA I JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE [outdoum) wt m rtx kt aw mm mc mo m tto tor aiz wco noe~|| vrem vot |sm |piu rw bin sm ACXLIY 278 "31.1 2-9 1.3 4.9 »9 119 IS9 15 3 1M 17.9 AC IMK SIT
      606 words
    • 401 40 KS* l *>Y lAKAKTA STOW BANGKOK MAMLAGUAM SATAN I I "ASIAN OKCHD 17— SfF 4 Sff I SEP 15 Sff 21 SEP 22 I j OCEAMA BWBT 75 OCT 4 OCT OCT 13 OCT 19 OCT 21 ASIAN OK CMC 17 SEP 4 ASIAN LIT ¥44 OCT 2 OCT 6
      401 words
    • 244 40 I SAMUOBU MDONISIA (S) PTC ITD"7 15 McCALLUM STREET #03-01/02 NATWEST CENTRE SMtgapor* 0106 Tatex: R*****0 Tel: *****81-3 F»x: 22S 4939, *****36 FOR BOOKMOS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MAJESTY 906 05/09 (SAT) 08/09 (TUE) PRELU3E 916 04/09 (FRI) 07/09 (MOW) PELOPOR 1044 05/09
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  • Page 41 Advertisements
    • 614 41 yjg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 06/9 ROTTERDAM 06/9 HAIFA/ASHOOD/ALEXANDRIA 06/9 HAMBURG/BREMEN 06/9 MARSEILLE/FRANCE 06/9 FELIXSTOWE/UK 06/9 BARCELONA/SPAIN 06/9 LEHAVRE/ANTWERP 06/9 GENOA/ITALY 06/9 GOTHENBURG/SCANDINAVIA 06/9 LOS ANGELES/WC/IPI 06/9 SYDNEY/MELBOURNE 4/9 NEW YORK/EC 06/9 FREMANTLE/ADELAIDE 10/9 VANCOUVER 06/9
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    • 807 41 CQ RICHFIELD MARINE AGENCIES (S) PTE LTD rJRI TEL: *****33 (12 Lines) FAX: *****15/*****03 |H-1 TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA I LOADING fOR SPOWE ABYOT ?9WB 04 '09 DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANOINET 28WB
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  • Page 42 Advertisements
    • 1446 42 PUk§MAC-NELS GROUPAGE l-JVy JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 6/9 7/9 8/9 Honf Kon( ldn/Fh/Rdm/Ant 11/9 12/9 13/9 9/9 10/9 11/9 Hon| Konj Gburi/C'hafen/S'holm/Oslo 6/9 7/9 8/9
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    • 25 42 BBULK SERVICE TO CONSTANTZA, ROMANIAN PORTS, RED SEA/MED PORTS A VESSEL ETA SPORE 25-30 SEPT FOR ENQUIRY AND BOOKINGS TEL: *****33 (ROSALIND) *****06 (CAPT LOM)
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    • 300 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM Ml LYT SM PROSPECT 20S 1/9 20/9 22/9 8/10 N2 STAR 0528 IS/9 30/9 2/10 11/10 PREMtR 20S 29/9 11/10 13/10 29/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER, WELLINGTON,
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  • Page 44 Advertisements
    • 137 44 UP. *3, LIVING IT <«5C EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
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  • Page 45 Advertisements
    • 102 45 GATE WEST SHIPPING PTE LTD rjjjn Ml. UCM KMC. #17-*, GOUOI HI TOW WSMM till fw ibj mxx m*n fu »jsk iu is «u» ewn i"J AUSTRALIA SERVICE BB fMB *Ot« rWU TMM MM SWCT MV mi 22/1 2*.i 2M 1/10 u/ii i*/» AOCNTS: rail KaWK DASWAM SON SND. ID.
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    • 57 45 HILL DELAMAIN (S) PTE. LTD. WMW9 n V o c c REGULAR CONSOL TO SOUTH AFRICA DURBAN CAPETOWN 04/09 04/09 MIDDLE EAST 06/09 ALSO ACCEPTING TO: DOHA. ABU DHABI. BAHRAIN, DAMMAM. BANDA ABBAS MINA QABOOS HONG KONG /CHINA 07/09 CALLING MOST INLAND POINTS MAIN PORTS IN MAINLAND CHINA FOR QUALITY
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  • Page 45 Miscellaneous
    • 441 45 TIDES AND WEATHER TODAY'S TPES (height in metres) HOW MM UN «2M 03M MM MM MM 07M OMO MM MM UM 12M 13M MM ISM IIMI7N 1«N 19M MN ZM ZM ZM JR 1.2 1.8 12 2.4 24 2.1 IS 1.3 10 09 09 11 1.7 2.3 2.7 2J 2.7
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  • Page 46 Advertisements
    • 591 46 WfeL 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 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE SINZHONG
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    • 513 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/09 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN IS/09 20/09 Huangpu/Guangzhou COSCO FULL CONTAXER SERVICES (FCL/FCL) EXPORT TO: CHMA/SANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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    • 572 46 ttf~\Weekly LCL Consolidation Q pfiwcngtnTel:~*****BB -q W •aM V"! 7 Fax:2272oB3ggmm WSKH DISTRIPARK PTE LTD I 77 #16-02 StA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHHVO Johore Baru Tat 07-*****8 Fax: 07-*****2 Port Klang Tel: 03-*****33 Fax: 03-*****81 Penang Jakarta Surabaya• Bangkok Manila Hong Kong P.R.
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  • Page 47 Advertisements
    • 1092 47 I A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PHA PKE SW HTM PUT* LEH* HAM Bttj FEI 1 SI MKFENKNCE 301* 11/09 11/09 13/09 02/10 02/10 03/10 03/10 03/10 06/10 H. FROSTER 301* 25/09 25/09 27/09 16/10 16/10 17/10 17/10 17/10 20/10 SI HUMMER 301* 09/10
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    • 449 47 gjjHjDtiUflji STRAITS/ JAPAN/ STRAITS SERVICE SOCIALIST IN RO-RO t HEAVY LFTS INBOUND VESSELS KSia MT V n IK u umu 11 m pt SWAM I 2 7/1 TRANS Aire 41 l/l 11/ l CttMC USUI I! 14/1 11/ l OIAM IRAKI 21 11/t 11/ l CNK IRAKI 21 11/ l
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    • 1021 47 our usa SERVICE CALLS ||m*i km Ita, Irn llMto to* I*, 5 111 |0M InOU |M lot/ IS |W |WC SINGAPORE DIRECT EVERY MMI »«w M/W mubhm cam— nun Him wn m/m m/m m/m mm m/m M/i(j«/K lucnuefln AV MM MM 1411 11/ M MUGATGi MMMM 1H221 14-17/ M M/l«
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    • 125 47 »BINTANG MAS SHIPPING PTE. LTD. 39 NEH. ROAD SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 accepts ran or CARGO STOtt OESTVMTUNS MERCtftY PEAtt ¥171 05-07 Sap 07-01 Sap Muvi. Later BMTANG SEHA VISE 07 01 Sep 01-09 Sep BM*. MM. KBaWt BMTANG BEL AIT V2OE 12-14 Sap 14-15
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  • Page 48 Advertisements
    • 97 48 Every Saturday in Business Times ipC could be a controversial deal between two stock market stars, a thought-provoking report by "iQj university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in mote depth and breadth. FOCUS is the
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    • 6 48 INVESTMENT Every Saturday in Business Times
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