The Business Times, 14 September 1992

Microfilm: NL18501
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Monday, September 14, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Iran wants major oil producers to cut output
      74 1 ABU DHABI Iran has demanded that Saudi Arabia and other major oil producers in the region cut their output by 10 to 20 per cent to boost prices. Gulf oil sources said yesterday that this meant a reduction of between one million
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    • Article
      Taiwan to expand aid programme in region
      77 1 TAIPEI Taiwan is to reduce its economic aid to Central America in order to expand its aid programme in South-east Asia, officials said here yesterday. "The government has decided to reduce the proportion of our economic aid to Central American states this year
      77 words
    • Article
      E Europe eyes tax deal
      28 1 SHORT ON CASH, Eastern European countries are hoping to attract Singapore businessmen by signing tax and investment agreements with the Republic Page 2
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    • Article
      US gesture brushed off
      38 1 IN A new sign of China's anger over disputes with the US, the Chinese Foreign Ministry has brushed off US President George Bush's decision to waive curbs on satellite exports to Beijing Page 9
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    • Article
      Yeltsin calls for truce
      33 1 RUSSIAN President Boris Yeltsin is calling for a truce in the Russo-Japanese war of words which erupted after the last-minute postponement of his state visit to Tokyo Page 9
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    • Article
      Vote yes: Mitterrand
      32 1 FRENCH President Francois Mitterrand has urged a "yes" vote on the Maastricht Treaty on European unity, saying it will allow European construction "on an incontestable democratic base" Page 10
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    • Article
      Clinton holding lead
      27 1 DEMOCRATIC challenger Bill Clinton holds the lead in enough states that if the American presidential elections were held today, he would win Page 10
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    • Article
      Savings for company
      29 1 CHINA Ocean Shipping Co is poised to save substantially on legal and other costs should disputes or mishaps involving its vessels occur. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Inchcape upturn
      39 1 INCHCAPE Bhd released a set of improved interim results over the weekend, and said its profits would have been higher but for the impact of the vehicle quota system on its core motor distributorship business Page 3
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    • Article
      Barings tops poll
      33 1 BARING Securities was picked as the top brokerage house in Singapore and Malaysia by UK fund managers in an independent survey of the stockbroking industry in both countries Page 3
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    • Article
      Boom in Thai warrants
      37 1 THAI stock warrant issuance is expected to blossom by early next year, but while primary domestic demand should be firm, the secondary market may not be liquid enough to attract foreigners Page 4
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    • Article
      Ansett in link-up
      25 1 ANSETT has joined forces with four of the world's major airlines, linking four continents in a powerful new marketing cooperative Page 4
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    • Article
      Talks on Globex move
      30 1 THE Chicago Mercantile Exchange and Chicago Board of Trade are negotiating with Reuters terms for adding equities and equity options to the Globex system Page 7
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    • Article
      Share registrars
      26 1 COMMERCIAL banks, securities companies as well as finance and securities companies in Thailand are to be allowed to act as share registrars Page 7
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Chaage BT-MGA 659.18 -0.69 Kuala Lumpur ...580.79 -3.40 Tokyo ...18,107.69 -800.78 Hongkong 5,537.29 -94.26 Sydney 1,501.2 17.2 New York 3,305.70 +0.54 London 2,370.9 30.3
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    • Article
      CURRENCIES
      23 1 Exchange rates uss SS 1.5950 100 Yen SS 1.2842 MS SS 0.6385 Money market rates Overnight 5/8 -1/4 3-month 1 13/16% unch
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    • Article
      COMMODITIES
      30 1 Rubber +0.50 S'pore Oct 142.00*/kg M'sia Oct. 219.00*/kg 1.50 KL Tin Turnover 35tonnes -5 Spot M$16.54/kg -0.06 Crude pali m oil -300 Turnover.. 783 lots Sep MS873 /tonne -2
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  • Article, Illustration
    Pro-democracy parties set to form govt
    527 1  -  Thai general election From Loh Hui Yin inBANGKOK PRO-DEMOCRACY parties, led by the Democrats, are set to form the next government in Thailand. Unofficial counting shows that they have won slightly more than half of the 360 seats in the lower house of parliament
    527 words
  • Article
    Spate of new listings on KLSE causes concern
    664 1  -  Analysts call for stricter standards to ensure quality From Leslie Lopez in KUALA LUMPUR THE RASH of new listings on the Malaysian stock market in the last two years is now showing a dark side: concerns are mounting about the quality of
    664 words
  • Article, Illustration
    Coming soon: global business magazine for the Chinese
    297 1  -  By Teh Hooi Ling SINGAPORE The title says it all. A Singapore businessman will launch in December Fortune Creators, a monthly Chinese-language magazine aimed at the Chinese business communities around the world. A major feature of the magazine will be profiles of
    297 words
  • Article
    Malaysia making greater use of Singapore ports
    444 1  -  By Schutz Lee SINGAPORE Malaysia's rapid export-oriented industrialisation in the last five years has led the country to make greater use of Singapore as its entrepot and transhipment centre. Between 1986 and 1991, the proportion of imports entering Malaysia via Singapore increased from
    444 words
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      Page 1 Advertisements Column 1
      207 1 PUCCINI I Ml sole Agent WONG BROTHERS SHOE TEL: 2833 «43 I Aircraft Schedule 27 Market Reviews 23 Weather .27 The Arts 15 Money Changer Rates 27 World News 9,10 Commodities 26 Money Market 25 World Stock Markets 24 Company News 3,4,6 Regional News 8 Cryptic Crosswoiii 27 SES 18-20
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      Page 1 Advertisements Column 2
      28 1 A first and a lasting love, Pg 13 Hock Lock Siew: Is optimism surrounding Wembley justified? Pg 3 Analysis: Chinese businesses in region turning to China, Pg 11
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      Page 1 Advertisements Column 3
      80 1 C T. HOO Singapore #01-22 Tanglin Shopping Centre, Singapore 1024. Tel: *****47, *****43. Most respected PM In Thai history bows out, Pg 8 Where to leave your troubles when you fly JAL. You can experience some peace and quiet, and enjoy a friendliness and of JAL s experienced flight attendants.
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        India extends validity period of tourist visas
        85 2 THE Indian government announced yesterday that the validity of the special tourist visa of 30 days will be counted from the date of entry into India. This is a departure from the practice of counting from the date of issue. A statement from
        85 words
      • Article
        Australia-S'pore land exercise
        58 2 AN infantry company from the Australian Army is here for a five-day bilateral land exercise with the Singapore Armed Forces (SAF), their first such exercise to be held here. It involves 130 Australian infantrymen and 550 men from the SAFs First Battalion, Singapore Infantry Regiment. Exercise Flaming
        58 words
      • Article
        Terminal 3 consultants
        57 2 THE Civil Aviation Authority of Singapore has advertised a pre-qualification notice calling for consultants for the Singapore Changi Airport Terminal 3 project. According to the notice in the Straits Times last Friday, the authority intends to pre-qualify consultants to propose a conceptual design of the third terminal,
        57 words
      • Article
        Ho Chi Minh City's yellow pages
        80 2 A LOCAL investment company has been appointed to publish Ho Chi Minh City's first official business telephone directory in an exercise that is expected to cost the country an estimated US$l.5 million (552.38 million). Business Times learned that Worldcorp Holdings (S) Pte Ltd signed
        80 words
      • Article
        Air NZ to start Bangkok flights
        57 2 STARTING this November, Air New Zealand will fly from Taipei and Bangkok to Brisbane twice a week. It said: "Services via Brisbane from Bangkok recognise not only the growth in visitor arrivals from Thailand itself, but also the importance of Bangkok as a gateway
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    • Article
      East Europeans hope to sign tax deals with S'pore
      375 2  -  Talks may be finalised in four to eight months By Helen Chang SINGAPORE Short on cash, Eastern European countries are hoping to attract Singapore businessmen by signing tax and investment agreements with the Singapore government. Four of them Poland, Hungary, Bulgaria
      375 words
    • Article
      EDB to seek talent in Australia, New Zealand
      197 2 SINGAPORE The Economic Development Board is extending its search for talent to Australia and New Zealand after a visit to the US and Britain this year. A team leaves tomorrow to hire talented Singaporeans and other. graduates in these two countries, the
      197 words
    • Article
      Govt-owned firm to export plants, irrigation services
      495 2  -  By Jennifer Lien SINGAPORE A govern-ment-owned company which sold its pig-farming-turned-fishery business two years ago is planning a comeback in the international agrotechnology business. By year-end, PI Agrotech will export ornamental plants and provide irrigation and landscaping services. Ornamental plants will be sent
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    • Article
      More S'pore firms seeking ISO 9000 certification
      381 2  -  By Teh Hooi Ling SINGAPORE More Singapore companies are seeking the international standards certification which will make it easier for them to export their goods. Sisir, the Singapore Institute of Standards and Industrial Research, now gets an average of 10 applications a month
      381 words
    • Article
      Lock icon Mubarak warns Iran over takeover of Gulf island
      162 2 AFP CAIRO Egyptian President Hosni Mubarak yesterday joined in the dispute over Iran's takeover of the strategic island of Abu Musa in the southern Gulf, warning that it could lead to foreign intervention. In Teheran, the country's highest body reaffirmed that the
      AFP  -  162 words
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      Page 2 Advertisements Column 1
      167 2 The new German way to fly: more hospitality to shorten your long journey. Lufthansa. "i l l li if 1 11 "»11,n| V'l 1i > 'ilwMßlM^^MlM^^B^Bß^^^^^B^Bß^Blr HPwBMf 3 ~'->f»^*QK««i^3Hll^B^D9^SHH^m&B^ lIIIkk i k i mHBBI x ISflHHKiii^Now there's even more fa you to look forward to when you fly Lufthansa. Apart
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  • COMPANY NEWS 1
    • Article
      Inchcape Bhd posts 9pc rise in interim profits
      624 3  -  Earnings of motor division dragged down by high COEs By Lee Han Shih SINGAPORE Inchcape Bhd released a set of improved interim results over the weekend, and said its profits would have been higher but for the impact of the vehicle quota
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    • Article
      Barings is top S'pore/M'sia brokerage
      505 3 UK fund managers put Kim Eng, unplaced last year, in No 5 spot SINGAPORE Baring Securities was picked as the top brokerage house in Singapore and Malaysia by UK fund managers in an independent survey of the stockbroking industry in both countries. The survey, conducted
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    • Article
      Is optimism surrounding Wembley really justified?
      732 3  -  THE HOCK LOCK SIEW COLUMN Uncertainty hangs over long-term goals and direction By William Chia SINGAPORE Wembley Industries Holdings Bhd, which was listed on the main board of the Kuala Lumpur Stock Exchange (KLSE) last month, is being touted as a rising star with
      732 words
    • Article, Illustration
      Shangri-La moving ahead without GM
      263 3  -  By Ignatius Low SINGAPORE One of Singapore's top hotels, the Shan-gri-La, has gone without a general manager since early August and intends to continue without one "indefinitely". After a 15-month stint with the Shangri-La, John Small, 48, resigned in early August for personal reasons. The
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    • Article
      Lock icon Seagroatt & Campbell to boost broking arm
      194 3 Seagroatt Campbell to boost broking arm Bernama KUALA LUMPUR Seagroatt Campbell Holdings Bhd plans to beef up its stockbroking operations and enhance its position in the industry, chairman Ahmad bin Kadis said yesterday. The group's stockbroking business is undertaken through its wholly-owned subsidiary, Seagroatt Campbell Sdn Bhd. Speaking after the
      Bernama  -  194 words
    • COMPANY BRIEFS
      • Article
        Malayan Tobacco's profits fall 25pc
        92 3 KUALA LUMPUR Malayan Tobacco Company (MTC) registered a 25.2 per cent drop in group pre-tax profits to M 527.49 million (5517.5 million) for the six months ended June 30, 1992. Turnover increased to M 5256.95 million compared to M 5252.15 million previously. The reduction in
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      • Article
        Landmarks to build hotel
        78 3 KUALA LUMPUR Landmarks Bhd is setting up a Msl2 million hotel in Labuan, managing director Hassan Abbas said after the company's extraordinary general meeting last Friday. He said that the hotel, which will be built on a 1.2-hectare site, will be established in two phases. The
        78 words
      • Article
        Commerce Asset buys building
        76 3 KUALA LUMPUR Commerce Asset-Holding has pro posed to purchase Damansara Square, a 12-storey building now under construction in KL from Damansara Square Sdn Bhd for Ms 24 million in cash. The property is due foe completion by April 1993 and Commerce Asset said thatthe acquisition will
        76 words
      • Article
        Rahman Hydraulic in the black
        89 3 KUALA LUMPUR Rahman Hydraulic Tin has achieved a group pre-tax profit of M 5713,000 for the six months ended June 30, 1992 compared to a loss of M 51.20 million previously. Turnover rose to M$ 14.34 million against M 56.69 million during the previous half-time
        89 words
      • Article
        Pengkalen unit buys firm
        65 3 KUALA LUMPUR Syarikat Sipkon, a wholly-owned subsidiary of Pengkalen Holdings, has entered into a sale and purchase agreement to acquire 100 per cent equity in Tomita Concrete for Msls million. Tomita, based in Sarawak, manufactures ready-mixed concrete and other concrete products. Pengkalen said in a statement
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      • Article
        Siah Bros upbeat about purchase
        62 3 KUALA LUMPUR Siah Brothers Corp said its proposed Ms 23 million acquisition of the entire equity in Sen Ampangan Realty (SAR) will contribute positively to its future earnings. The company said in a circular that SAR's pre-tax i profits from the Taman Mastiara project alone
        62 words
    • Article
      HK company floating shares in listing bid
      69 4 HONGKONG Pico Far East Holdings Ltd, an exhibition stands designer and maker, is seeking a stock listing by floating 25 per cent of its shares to raise HKSO million (5510.5 million) to fund its expansion in China. It will issue 42 million new
      69 words
    • Article
      BIL unit sets takeover terms
      47 4 LONDON Brierley Investments Ltd of New Zealand said last Friday that its BIL Equities (GM) pic unit has posted the terms of its takeover for Gibbs Mew. The bid values the UK brewer at £11 million (Ss34 million) or 200p per share.
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    • Article
      Bid to widen stock ownership
      41 4 TOKYO In an effort to attract more individuals to the stock market, Japan's Finance Ministry will urge companies to expand employee stock ownership by increasing subsidies to employee shareholders' associations, the Ninon Keizai newspaper said yesterday.
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    • Article
      Indonesian firm to issue bonds
      60 4 SINGAPORE State-owned Indonesian electric company PLN will issue 300 billion rupiah (***** million) of fiveyear, floating interest rate bonds by the end of this month, the Jakarta Post said last Friday. The bond issue would be used to make up for the failure to acquire
      60 words
    • Article
      Bid for tycoon's release
      36 4 TAIPEI Lawyers for Taiwanese business tycoon Oung Ta-ming renewed efforts to obtain his release from jail at the weekend amid fears that his detention could have major repercussions on the stock market.
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    • Article
      Lock icon More Thai firms expected to issue stock warrants
      443 4 But liquidity of secondary market in doubt Knight-Ridder BANGKOK Thai stock warrant issuance is expected to blossom by early next year, but while primary domestic demand should be firm, the secondary market may not be liquid enough to attract foreign investors, brokerage
      Knight-Ridder  -  443 words
    • Article
      Lock icon Japanese steel companies may seek government subsidies
      261 4 Reuter TOKYO The Japan Iron and Steel Federation is considering applying for government subsidies for labour rationalisation programmes by eight major steelmakers. The eight firms include Nippon Steel Corp, Kawasaki Steel Corp, NKK Corp, Sumitomo Metal Industries Ltd and Kobe Steel Ltd. "The
      Reuter  -  261 words
    • Article
      Lock icon Ansett forms alliance with four major airlines
      240 4 AFP SYDNEY The Australian domestic airline Ansett yesterday announced that it has joined forces with four of the world's major airlines linking four continents in a powerful new marketing cooperative. The alliance with Hongkong's Cathay Pacific, Japan's All Nippon Airways, British Airways and
      AFP  -  240 words
    • Article
      Lock icon Matsushita Electric's profit likely to drop 36pc
      290 4 Bloomberg TOKYO Matsushita Electric Industrial Co, a leading diversified global electronics conglomerate, is expected to report current profit of 125 billion yen (S$ 1.6 billion) for the year to March 1993, down 36 per cent on the year, the Nihon Keizai newspaper reported.
      Bloomberg  -  290 words
    • Article
      Lock icon Foster's likely to make up to A$1b cash call
      501 4 Firm shoring up capital base after writedowns Reuter SYDNEY Foster's Brewing Group Ltd is likely to seek up to Asl billion (SS 1.15 billion) in new equity to bolster its capital base after huge writedowns on its finance portfolio, analysts said.
      Reuter  -  501 words
    • COMPANY BRIEFS
      • Article
        Medtronic and Siemens settle suit
        73 6 MINNEAPOLIS Medtronic Inc and Siemens AG said they had settled all ongoing litigation between the two companies covering implantable pacemakers used to treat abnormal heart rhythms. According to the settlement, Siemens will make an initial payment of US$5O million (SsBo million) to Medtronic and ongoing
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      • Article
        Profit to depend on currencies
        104 6 VEVEY, Switzerland Swiss food group Nestle SA said its profit growth for all of 1992 depended on currency developments in the second half. The group said it expected business to be satisfactory this year and added that sales growth might rise in the second half
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      • Article
        Alco files suit for slander
        72 6 SAN DIEGO Alco International Group Inc said it filed a US$l.BO billion (552.88 billion) suit in federal court, charging certain brokers, dealers and other individuals with intentionally spreading false information about the company and its business activities. The company said various defendants, who were not
        72 words
      • Article
        Court extends O&Y protection
        45 6 TORONTO An Ontario bankruptcy court granted a two-month extension to Olympia York Developments' protection from creditors until Dec 30. The extension will allow O&Y time to negotiate the CsB.7 billion (5511.3 billion) of debt on its Canadian assets with its creditors.
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    • Article
      Lock icon Brussels likely to oppose ICI swap deal with Du Pont
      481 6 FT BRUSSELS European Commission merger authorities appear ready to oppose a swap of chemical assets between Imperial Chemical Industries of the UK and Du Pont of the US. The deal is regarded by ICI as an important test case in
      FT  -  481 words
    • Article
      Lock icon When the smart money is not so smart
      179 6 NYT NEW YORK Nothing is supposed to be better for investors than knowing where the smart money is going, and then following along. But what if the smart money ain't so smart? Investors who recently started scooping up shares of Eskimo Pie,
      NYT  -  179 words
    • Article
      Lock icon Preussag's results point to flat full-year profit
      361 6 Reuter BONN Preussag's results in the third quarter were within expectations and point to flat net profit for the full year and lower earnings per share, say analysts. Last Friday, it reported third-party sales in the third quarter fell 7.3 per cent to
      Reuter  -  361 words
    • Article, Illustration
      Lock icon LA Gear files US$46m lawsuit against Jacko
      345 6 Bloomberg LOS ANGELES LA Gear has filed a US$46 million (5573.6 million) lawsuit against entertainer Michael Jackson and his company, seeking to rescind the endorsement contract Jackson signed with the athletic shoe distributor in 1989. LA Gear wants back the US$5 million it
      Bloomberg  -  345 words
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      Page 3 Advertisements Column 1
      166 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. Expressing the essential. The first masterpiece in the art of watchmaking is portrayed by ideal perfection in the mechanical watch. The discreetness of the dial and the simplicity of its lines give this work of
      166 words
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      311 4 Give your business guests facilities (like electronic something ra overhead, slide and to write home movie projectors) will If you've got business guests coming to handle anywhere from 12-400 people. Of course Singapore, write us into your plans. And we'll give it's not all business at the Carlton. Apart from
      311 words
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      Page 4 Advertisements Column 2
      50 4 FETCHING YOUR VIP GUESTS Impress them with a dependable and reliable chauffeur-drive service. Call /uJSmKgmk A Division of C P Rent-A-Car (Pte) Ltd Brand new Mercedes-Benz fleet) Smart, Courteous and reliable chauffeurs. Tel: *****98 Fax: 534 0688 We also have a wide range of new and well maintained Self-Drive cars.
      50 words
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      252 5 Paris. The most delightful way to fill three empty Let's count them, shall we? A To the glass-enclosed brasseries adorning the H M major avenues. To those mysterious, but equally 1. La valise. Your suitcase, which you will H M I W K H inviting little restaurants atop Montmartre. surely
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      90 6 8 WAYS TO ENJOY Oil Ik ANNIVERSARY BUSINESS PACKAGE t/ H i business with a 10% discount on laundry. late with extended check out at 4.00 '(subject to room availabilHyl fSSI Now on, till 30 September '92 I 800 2002 I wiiiiv**A I I for a mere MR$2lO I OR
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      Page 6 Advertisements Column 2
      201 6 HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, lo slay successful in business, one has to be highly competitive.That means having the right image, up- to- dale office equipment and full time experienced staff, yet keeping low overheads. Here at World Wide Business Centre Pie Ltd. we
      201 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Reuters in talks to add equities, options to Globex
      410 7 New contract needed to open system to stock exchanges Reuter BUERGENSTOCK, Switzerland The Chicago Mercantile Exchange (CME) and Chicago Board of Trade (CBOT) are negotiating with Reuters Holdings pic terms for adding equities and equity options onto the Globex screen trading
      Reuter  -  410 words
    • Article
      Lock icon Thai financial institutions to double as share registrars
      221 7 Knight-Ridder BANGKOK Commercial banks, securities companies as well as finance and securities companies will be allowed to act as share registrars, Thailand's Securities and Exchange Commission decided last week. Financial institutions wishing to act as share registrars must have a net registered
      Knight-Ridder  -  221 words
    • Article
      Lock icon Fugitive Swiss financier Rey nabbed in Bahamas
      261 7 Reuter BERNE Werner Rey, a fugitive financier wanted by Switzerland, has been arrested in the Bahamas and will appear in court today for an extradition hearing, the Swiss Justice Ministry said on Saturday. A ministry spokesman said the 48-year-old Swiss, ex-head of the
      Reuter  -  261 words
    • Article
      Lock icon Dutch ING offer for BBL too low: main shareholder
      378 7 Reuter BRUSSELS Groupe Bruxelles Lambert SA (GBL), the main shareholder in takeover target Banque Bruxelles Lambert SA (BBL), said a bid by Dutch ING of 3,600 francs (SSI94) a BBL share seemed too low. "I think that a price of 3,600
      Reuter  -  378 words
    • SMALL CHANGE
      • Article
        Morgan Stanley's 2nd qtr profit up 18pc
        89 7 NEW YORK Morgan Stanley Group Inc said on Friday that its earnings climbed by 18 per cent in its second fiscal quarter, reflecting gains in its underwriting business. For the quarter ended July 31, the brokerage house said it earned US$ll9 million (*****.8
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      • Article
        Terms for Thai rating agency soon
        97 7 BANGKOK Terms to allow the establishment of a local private credit rating agency in Thailand will be ready by October, a Thai Securities and Exchange Commission official said on Friday. The SEC is drafting the terms after a board decision on Thursday that any
        97 words
      • Article
        3 Japan brokers unscathed: report
        105 7 TOKYO Three of Japan's four largest brokerages may escape current losses in the year ending March 31, 1993, thanks to the partial recovery of the Japanese stock market, Jiji Press reported on Friday, citing securities industry sources. Nomura, Daiwa and Nikko securities projected losses of
        105 words
      • Article
        China bank sets credit quotas
        90 7 BEIJING The People's Bank of China has imposed credit quotas for major specialised banks in an attempt to tighten money supply after a huge jump in loans in the first half ol 1992, the official China Daily said yesterday. The newspapei did not give details
        90 words
      • Article
        Japan land trust starts with banks
        106 7 TOKYO An entity to be set up by leading Japanese banks to acquire and dispose of devalued real estate assets held by banks and other institutions as collateral against non-per-forming loans will acquire land held by banks in its early activities, Jiji Press reported
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      131 7 The way we see it, a FREE COE is only half a good deal. There's more to it if a positive return on your money is what you're after. If an investment that yields results is what you seek. So then what is the other part of the good deal?
      131 words
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  • THE REGION
    • Article
      Jakarta will welcome Portuguese MPs
      90 8 JAKARTA Indonesia will allow Portuguese MPs to visit the Parliament here as part of a European Parliament delegation next week, Antara news agency said here yesterday. Last October, a Portuguese parliamentary delegation was scheduled to visit East Timor but the visit was cancelled at the
      90 words
    • Article
      Emptying HK boat people camps
      69 8 HONG GAI, Vietnam Hongkong detention camps housing more than 50,000 Vietnamese boat people should be virtually empty by 1995, British Foreign Office Minister Alastair Goodlad said here on Friday. "I'm convinced that they will return (to Vietnam) in the next three years," Mr Goodlad said
      69 words
    • Article
      Rally by Chinese refugees
      59 8 MELBOURNE More than 1,000 Chinese braved the driving rain on Saturday to demonstrate on the steps of the state Parliament building here in support of demands for refugee status and work permits. The rally followed a claim by a group calling itself the Special Committee of
      59 words
    • Article
      Philippine reserves down 3.9pc
      68 8 MANILA The Philippines' gross international reserves fell to U554,015 billion (556.4 billion) in August, due partly to the failure to complete an International Monetary Fund review, documents released by the Central Bank said here on Friday. This was 3.95 per cent lower than the US$4.lB billion
      68 words
    • Article, Illustration
      Lock icon Most respected PM in Thai history bows out
      573 8 Thai general election AP BANGKOK Yesterday's general election has raised hopes for greater democracy, but it also ends the historic term of probably the most respected prime minister in modern Thai history. Anand Panyarachun, first installed by military commanders who ousted an
      AP  -  573 words
    • Article
      Vietnam to sign oil deals with 3 foreign groups next month
      342 8  -  By Harish Mehta SINGAPORE PT Astra Petronusa, the newly-formed petroleum arm of Indonesia's second-largest business group, PT Astra International, is expected to sign a pro-duction-sharing contract early next month with the Vietnamese government to explore for oil in the
      342 words
    • Article
      Lock icon M'sia may reconsider proposed ban on cigarette-related ads
      229 8 AFP KUALA LUMPUR Malaysia appeared yesterday to be reconsidering a proposed government ban on cigaretterelated commercials, admitting that tobacco companies had a right to advertise. Information Minister Mohamad Rahmat, who joined forces with health and consumer officials three months ago to launch
      AFP  -  229 words
    • Article
      Lock icon HK gives asylum to 30 Chinese dissidents: paper
      225 8 Reuter HONGKONG Hongkong has granted political asylum to about 30 Chinese dissidents who fled to the British colony after Beijing's brutal 1989 crackdown on the prodemocracy movement, a local newspaper reported. The English-language Sunday Morning Post, quoting anonymous sources working closely with
      Reuter  -  225 words
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      Page 8 Advertisements Column 1
      150 8 i Mm Er »J Last Year, Korean Air Cargo Was Delivered On Schedule 99% Of The Time. We Apologise. We may have worked through the night 365 days a year, added to our flight schedules (now up to 100 pure cargo flights weekly), speeded up processing with a worldwide computer
      150 words
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      Page 8 Advertisements Column 2
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  • THE WORLD 1
    • Article
      Lock icon China brushes off US decision to allow satellite sales
      526 9 Ban should have been lifted long ago: Beijing AP BEIJING In a new sign of Beijing's anger over disputes with the United States, the Foreign Ministry on Saturday brushed off President George Bush's decision to waive restrictions on satellite exports to
      AP  -  526 words
    • Article
      Lock icon UK royal family seeks ways to cut cost to taxpayers
      245 9 Reuter LONDON Britain's embattled monarchy, in a bid to fend off mounting criticism about its luxurious lifestyle, is looking at ways of cutting its cost to the taxpayer, The Sunday Telegraph newspaper said. Queen Elizabeth has already held discussions with
      Reuter  -  245 words
    • Article
      Lock icon Market glut plunges S Korean PC industry into deep crisis
      256 9 AFP SEOUL South Korea's personal computer industry, touted as a springboard for the country's entry into the ranks of advanced nations, is facing a deep crisis amid a worldwide market glut and a technological impasse. Exports of personal computers (PCs)
      AFP  -  256 words
    • Article, Illustration
      Lock icon Yeltsin urges end to row over Japan visit
      411 9 Reuter TOKYO Russian President Boris Yeltsin is calling for a truce in the Russo-Japa-nese war of words which erupted after the last-minute postponement of his state visit to Tokyo, Japanese media reported yesterday. Speaking to reporters in Moscow, Japanese ambassador Sumio Edamura
      Reuter  -  411 words
    • Article
      Storms knock out 2,000 oil wells in N China
      68 9 BEIJING Severe storms knocked out about 2,000 oil wells in northern China earlier this month, putting in doubt the area's ability to meet production targets. The storms at the Shengli oil field caused a 25,000-tonne drop in output from Sep 1
      68 words
    • Article
      Shanghai zone to be expanded
      84 9 BEIJING Shanghai's Waigaoqiao Free Trade Zone, one of the keystones of the city's huge Pudong development project, will be expanded by 10 sq km to deal with an expected flood of new business, the China Daily said yesterday. All of the land offered in the
      84 words
    • Article, Illustration
      Anti-Nazi clash in London
      39 9 LONDON Police dragging off an anti-Nazi protester at a train station last Saturday. Some 400 anti-Nazi protesters clashed earlier with just over 100 Nazis who had gathered to attend a concert at an undisclosed location.
      39 words
    • Article
      Brazil to suspend IMF talks
      85 9 BRASILIA Brazilian central bank president Francisco Gros has said his country will not finish negotiating its economic goals for the second half of this year with the International Monetary Fund until after Brazil's political future becomes clearer. He was quoted in two newspapers on Saturday
      85 words
    • Article
      Greek austerity drive to continue
      68 9 ATHENS Greek Prime Minister Constantine Mitsotakis has vowed to press on with a hard austerity programme in spite of a month of ongoing strikes battering all sectors of the economy. "We will not abandon our efforts for the modernisation of the Greek economy. We will
      68 words
    • Article, Illustration
      Lock icon Mitterrand pushes for 'yes' vote on Maastricht
      622 10 French approval will help build a democratic Europe AP PARIS President Francois Mitterrand has urged a "yes" vote on the Maastricht Treaty on European unity, saying it will allow European construction "on an incontestable democratic base". In an interview with three European newspapers,
      AP  -  622 words
    • Article
      Lock icon Danish opposition party offers new formula for EC role
      256 10 FT COPENHAGEN A formula which could resolve the impasse caused by Denmark's "no" to the Maastricht Treaty has been put forward by the opposition Danish Social Democratic Party (SDP). The minority conserva-tive-liberal coalition needs the support of the SDP, the largest
      FT  -  256 words
    • Article
      Lock icon Clinton can win if polls held today: survey
      462 10 j~ —Q«"rTP-rHp US (PRESIDENTIAL UPI WASHINGTON Democratic presidential challenger Bill Clinton holds the lead in enough states that if the elections were held today, he would win. But in many states, that lead is shaky and the Arkansas governor is by no
      UPI  -  462 words
    • Article
      Lock icon Italian president steps into row over wider powers for PM
      309 10 Reuter ROME Italy's president has put the brakes on Prime Minister Giuliano Amato's controversial and radical demand for special powers to run the economy by decree. The move by President Oscar Luigi Scalfaro came last Friday after the central bank
      Reuter  -  309 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      161 9 OCBC CENTRE PRIME OFFICE SPACE FOR LEASE hhm Strategically located in Raffles Place. Office ana fmm 900 sq ft to a whole floor at 10,300 aq ft at attractive 3 minutes' walk to Raffles Place I MRT&lioft. Full-height windows affording panoramic views of the sea, the jIIPIjI Singapore River, the
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      Page 9 Advertisements Column 2
      168 9 in CM Million 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 means having financial backing.
      168 words
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      134 10 t Change of name. .<= *i" *> ,A < < 7 1 <• >* m TTi 1 NMB Bank V .-X <■ »r:' >• has changed its <•* its > name worldwide to A x x -V s V s v..::; -vy ING Bank. v „v* $7 Throughout the world,
      134 words
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  • ANALYSIS
    • Article
      Lock icon Greasing the wheels of business, Japanese-style
      873 11  -  Paying off politicians is regarded in Japan as simply doing what most big companies must to survive. James Sterngold reports James Sterngold NYT FOR weeks, news organisations in Tokyo have pursued the trail of cash from a mob-linked trucking company to some of Japan's
      NYT  -  873 words
    • Article, Illustration
      Ethnic Chinese businesses in region turning to China
      1094 11  -  The Sinar Mas episode highlights the flak ethnic Chinese businessmen in the region sometimes get at home and the trend to invest in China to avoid criticism. Maggie Ford reports from Jakarta Maggie Ford A FEW WEEKS ago, a jumbo jet reportedly
      1,094 words
    • Article, Illustration
      Lock icon Sweden's financial woes reach nightmare proportions
      934 11  -  Richard Stevenson considers how last week's interest rate jump could affect an economy already mired in recession Richard Stevenson NYT IT WAS something out of a financial nightmare: interest rates as high as 75 per cent, a skittish currency, falling share prices and a
      NYT  -  934 words
  • Page 11 Advertisements
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      80 11 DOONESBURY GARRY TRUDEAU I CAN ASSURE YOU, MR. YOU'RE HERB, 1 A REPORTER! HOW REPFERN, THAT'S A M IWONPER IF ICOUU? ASK I 7W4T5 INTERESTING 1 I NO KIPPING! TERRIFIC REPORT. tAJE'RE W YOU A FAVOR. UJE UK£TO I AMSW. REAP EVERT MGE r ARE YOU ON ALL- VERY HAPPY
      80 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Lock icon Keeping education in tune with the times
      1140 12  -  US schools need to adapt themselves to changing employer demands for technical skills, reports John Gapper John Gapper FT TWO THINGS are clear in the debate over the quality of American workers. The first is that employers are worried about the abilities of
      FT  -  1,140 words
    • Article
      Lock icon Conference offers hope to jobless workers
      497 12  -  When is a conference like a funeral? When it talks about endings and tries to give hope for a better 'afterwards'. Lynda Richardson reports Lynda Richardson NYT Mel speier learned some lessons last Thursday about manoeuvring through the slippery economy lessons like making sure
      NYT  -  497 words
    • Article, Illustration
      A first and a lasting love
      1259 13  -  Teh Hooi Ling talks to successful garment-maker Richard Lee, who now wants to return to his first love print media SINGAPORE'S iiigliliiiiiam Teh Hooi Ling IT WAS his first love, and even as he chased other dreams in the past two decades, Richard Lee
      1,259 words
    • Article
      Filling a void in Chinese business world
      308 13 One issue we will be exploring in Fortune Creators is what businessmen should do with the wealth they have accumulated," said Richard Lee. "Should they spend the wealth on themselves? But then, there's only so much one can bring along when one dies.
      308 words
    • Article, Illustration
      EXECUTIVE MOVES
      603 13 Mr Nigel A S Healey has been appointed Director and General Manager of Watson's Personal Care Stores Pte Ltd in Singapore. Britishborn Mr Healey brings with him 18 years of experience in the retail industry. He was educated at Southampton Technical College and began his career as a
      603 words
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      Page 12 Advertisements Column 1
      187 12 Instant g ratification from Diethelm. we make l|L needs are any hiccups. Because all too believe that if you're onto a tempered with a classic often, when one talks about good thing you should have Italian feel. Where functional office furniture, the back-up more of it. So if you wanted
      187 words
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      28 13 FX PRODUCTIVITY SEMI-DUPLEX AND DUPLEX SPEAKERPHONE SYSTEMS iiiii'iy.LJJLUMHmEB^B I I q g^g' HjH H For further Information call: GENERAL ELECTRONICS INSTRUMENTATION CORP. PTE. LTD. Tel: *****98 Fax *****59
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      Page 13 Advertisements Column 2
      40 13 The Durffee personality is fully aware of the g multifarious dimensions of life, and appreciate that it is exactly these experiences of laughter m and tears that bring meaning to life. ***** DURFFEE UNDERSTANDS THE MEANING OF TIME. 1 ID
      40 words
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      901 14 Pjfcrt^MniHiBß^Bftai!sAßud M where to wine, dine F"Wo or ————I I HYATT REGENCY SINGAPORE B I presents for the first time in Singapore .*Mk The legendary quintet that gave you such hits as The Great Pretender", Only You' and many others. Join us for an evening of nostalgia and fine entertainment,
      901 words
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      Page 14 Advertisements Column 2
      306 14 tTHENEPTUNE. THE j Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Happy Hour Early Dinner Special Menu from 6.30pm tc B.oopm on no-function day. Free parking in the evening. Showtime*: B.oopm to 8.30pm UMH 9.30pm
      306 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      643 14 TELEVISION AND RADIO m m m (Cartoon, Stereo). 5-25 Haatocflff (Cartoon). BUSINESS ON RADIO TaIIPIIAJ fAniP MM* (Game JL UtlVlly liJ Ulv 7.25 PM Opening followed by Tht 7.30 Nails (M). SJO WKk tea Quran (M). By. 88 9 ■Hi inVHF B^ndjj J MT MOrtty Buskms Raperl 7.50 Havana (M,
      643 words
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  • THE ARTS
    • Article, Illustration
      A recital to remember
      554 15  -  Benjamin Loh has nothing but superlatives for Chinese pianist Kong Xiang Dong Benjamin Loh KONG Xiang Dong's solo piano recital at the Victoria Concert Hall last Wednesday night was one of sheer magic. This Chinese pianist who hails from Shanghai, and who recently won this year's
      554 words
    • Article, Illustration
      Limited achievement
      556 15  -  Andrew Lim reviews Lyric Theatre's production of Rossini's The Barber of Seville Andrew Lim IT WAS a bold idea for the Lyric Theatre to stage Rossini's The Barber of Seville, considering its number of years in the business. Last Saturday's performance at the Kallang Theatre fulfilled, only in
      556 words
    • Article, Illustration
      Judicious interpretations
      565 15  -  Despite having to play at a venue more suited to Chinese dinners, the London Festival Orchestra still': managed an impressive delivery, says Andrew Lims Andrew Lim Ballrooms are seldom designed to be acoustically sound for symphonic concerts, and last Thursday's performance by the London Festival Orchesr tra could
      565 words
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      Page 15 Advertisements Column 1
      180 15 AND ENTERTAIN BEST FROM THE WEST HH Lunch or Dine on a selection of Western favourites featuring soups, salads, a carrery, cold appetisers and hot entrees. At Cafe-in-the-Park Every Monday Buffet Lunch from 12 pm Buffet Dinner from 6.30 pm At $19.50++ perptnon For reservations, please call 732-1222 extension 1700
      180 words
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      Page 15 Advertisements Column 2
      128 15 After a hard J day in the 1 business jungle, j y .j you may j like to talk to our headhunted j There's no better base for adventures m j makf staying at Hyatt K inahahi an astute corporate decision. Our rates are refreshing and our nearby diversions exotic.
      128 words
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  • SPORTS
    • SIDE LINES
      • Article
        Faldo charges into lead in European Open
        96 16 SUNNINGDALE, England Nick Faldo eclipsed Robert Karlsson's 13th-hole ace to shoot a six-under par 64 on Saturday and charge into the lead in the US$l.2 million (ssl.9 million) European Open golf tournament. Halfway leader Karlsson took a seven iron on the tee at
        96 words
      • Article
        Jones wins women's triathlon
        115 16 HJJNTSVILLE, Ontario Michellie Jones of Australia won the women's division of the World Triathlon Championships co Saturday after last year's winner, Joanne Ritchie of Canada lost concentration during the bike leg for a moment and never recovered. "I have no idea what happened, really, Ritchie, 32.
        115 words
      • Article
        Weber takes eighth stage
        77 16 tfXRIS German driver Erwin Weber won the eighth stage the Paris-Moscow-Beijing Rally on Saturday as Mitsubishi f]Hed the top three places. Japan's Kenjiro Shinozuka came second while Frenchman Bruno Saby's third place moved him into first in the overall standings after the 597-km ride across Turkmenistan
        77 words
      • Article
        Pit steward killed
        93 16 INDIANAPOLIS USAC pit steward Carl McCormick was liHled on Saturday night when he was struck by a car during a caution period in the 40th annual A J Foyt Hoosier 100. BfcCormick was tending to the car of Wally Pankratz, which had spun on the 33rd lap
        93 words
      • Article
        Maradona leaves for Spain
        96 16 BUENOS AIRES Soccer star Diego Maradona left Argentina for Spain on Saturday saying he believed his transfer to fevilla was settled. "I believe that, for the time being, everything has been resolved," the former Argentine captain told a mob of reporters and photographers at Ezeiza international
        96 words
      • Article
        Mansell quitting F-1
        58 16 JfIONZA, Italy World champion Nigel Mansell is quitting Formula One racing at the end of the season, he announced yesterday. The Briton was unable to reach an agreement on driving for the Williams-Renault team next season. The 39-year-old dominated the championship this year and clinched the title
        58 words
      • Article
        Chavez outpoints Camacho
        66 16 EAS VEGAS Julio Cesar Chavez of Mexico retained his WBC light-welterweight title by easily defeating Hector "Maeho" Camacho of Puerto Rico on points on Saturday night. The judges awarded the Mexican a unanimous decision: UJ7-111, 119-110, 120-107. The 30-year-old Chavez dominated throughout the 12-round title bout to
        66 words
      • Article
        Perth wants C'wealth Gaines
        50 16 SYDNEY The Australian city of Perth wants to host the Commonwealth Games in 2002. The domestic news agency Australian Associated Press yesterday quoted Graham Edwards, sports minister of Western Australia state, as saying he believed Perth had a "second to none" chance of being the games.
        50 words
    • Article, Illustration
      Lock icon Seles keeps title, Edberg to face Sampras
      752 16 US Open AFP NEW YORK World number one Monica Seles won her second straight US Open title on Saturday in a women's final overshadowed by a mammoth men's semi-final victory by Stefan Edberg. Seles defeated Arantxa Sanchez Vicario 6-3, 6-3, but the fifth-seeded
      AFP  -  752 words
    • Article
      Lock icon US track star sets eighth world record in Paralympics
      462 16 AP BARCELONA Bart Dodson of the United States continued his incredible assault on the record books by setting his eighth world record in the track and field competition at the 1992 Paralympic Games on Saturday. Dodson won the men's paraplegic wheelchair
      AP  -  462 words
    • Article, Illustration
      Lock icon Most Venerable Agassi
      634 16 NYT NEW YORK Barbra Streisand has taken a bad rap. Everybody has been goofing on her comment about Andre Agassi being a Zen master, but she may actually have uttered the one profound statement of this 1992 US Open. Most people would as- cribe Zen-like qualities to
      NYT  -  634 words
    • Article
      Lock icon Fischer wins seventh game against Spassky
      281 16 AFP, UPI SVETI STEFAN, Yugoslavia The former American world champion Bobby Fischer won the seventh match in his tournament against the former Soviet chess giant Boris Spassky on Saturday, leaving the score at two victories each and three draws. The seventh game of the
      AFP,; UPI  -  281 words
    • Article
      Moves of the seventh game
      133 16 White: Bobby Fischer. Black; Boris Spassky Ruy Lopez opening: 1 e4 e5; 2.ND Nc6; 3.8b5 a 6; 4.8a4 Nfl6; 5.0-0 Be 7; 6.Rel b5; 7.8b3 d 6; 8.c3 0-0; 9.d3 Nas; 10.8c2 c 5; 1 l.Nbd2 ReB; 12.h3 Bf8; 13.Nfl Bb7; 14.Ng3 g6; 15.8g5 h6;
      133 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      294 16 18-19 November 1992 Hilton International, Singapore ASIA' S PREMIER GOLF CONFERENCE The conference has been structured to cover At every aspect of golf course development reKey Contributions from: development International Management Group (IMG), Tokyo Hqw to make r development and reIMG Resort Management Singapore development work Pacific Golf Inc., USA
      294 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      236 17 I I till' fllj^^^^Hil^Hllllml u 1 1 r into our full range of colour TVs. And as it leaves its mark all over the world in a wide uniy OTIC tI3IIIC SL3XICIS Olir ror ICS variety of applications ranging from broadcasting station master monitors, computer unique picture tube. displays, graphic
      236 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      M'sian stocks likely to hog limelight this week
      3289 18  -  By Lilian Ang THE SINGAPORE stock market, which focused mainly on Malaysian stocks last week, is expected to continue in the same vein this week with trading likely to be sluggish. Lum Chang Securities, in its weekly report, said investors are not
      3,289 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      61 18 Why Wait for Loan Approval? If you have recurring credit CREDIT PLUS With Credit Plus credit you needs, and find loan applica- have access to a ready line of tions and waiting for approval credit anytime you need it. frustrating, ask for Credit Plus. 't s s easy and convenient
      61 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3098 19 SPH Foreign 1330 40 3.1% OUE 650 +35 +5.7% SPH 855 +30 +3.6% Hai Sun Hup 20* 207 +15 +7.8% Jurong Ship 50* 685 +15 +2.2% Prima 595 +15 +2.6% GPB SSI.60 430 8 +1.9% Cerebos 25' 320 +12 +3.9% Keppel CWt 328 +10 +3.1%
    3,098 words
  • Page 19 Advertisements
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      132 19 rrrr-i YOUR KEY TO BETTEREUSINESSDECISIONS! I Shine is Singapore Press Holding?' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 I on Teleview, which incidentally is the most advanced and company news. or Tony Chut videotext system in the
      132 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3018 20 Perlis Plant 440 +107 32.1% Leader U 655 +55 +9.2% UMW 320 30 +10.3% Oriental Hldgs 560 +25 +4.7% Tan Chong 50* 155 +19 +14.0% YTL Corpn 50* 162 +18 12.5% Sungei Way 205 +13 +6.8% Berjaya Leisure 130 +12 +10.2% Diversified Res 67 +12
    3,018 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      900 20 BUSINESS T I M__E_S__ Toll frae Tel No: 737 0043 Fax No: 734 3698 ISA TRADING PTE LTD (la Members' Voluntary Winding Up) Liquidator's Office: 152 Beach Road #IS-Ss*7 Gateway East Tower Singapore 9718 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies
      900 words
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      Page 20 Advertisements Column 2
      415 20 f M THE MATTER OF THE A COMPANIES ACT, CAP SO AND COMTIFLO MAtIRNSRY (PAR EAST) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary Genera) MaaMng of the Company duty convanad and hald at 1 Colombo Court #04-06 Singapore 0617 on tfta 9th September 1992. the following Special Resolution
      415 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market's early gains cut by Tokyo's steep fall
      5273 21 MBT SENTIMENT was moderately firm for most days of last week on the Kuala Lumpur stock market. But the steep reversal on the Tokyo market on Friday affected local sentiment and resulted in some of the earlier gains being pared. The broad-based
      MBT  -  5,273 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      207 22 €»■»>■> Date Ymt (tnp Mot Net Mratagt Cms MB to profit/loss (L) por tkirt dhridond CtOO) (coats) Pan Pacific Sep 11 Mar 92 $412($795) 1.3(2.5) 4(4) GP8 Sep 7 Mar 92 $13,952(112.546) 41.3(47 9) 118TE(11TE) Isetan Sep 7 Mar 92 $7,755($10,140) 23.5(31) 10(10) Insas Sep 7 Jun 92
      207 words
    • Article
      PRELIMINARY RESULTS
      251 22 Gmmmt Date Y«ar Grwp pr*-tex ftet •arwtaf* 6ms ana to pwm/tett (L) par (•000) (eaats) GK Goh Sep II Jun 92 $12,937(115,609) 4.3(5.1) 10(10) FAI Ins Sep 7 Jun 92 A$46,3631 ($288.2261) JO) Sea View Sep 7 Jun 92 $11,505($8.681) 35.8(25.5) 10(8) ConsPtant Sep 5 Jun 92 M$114.100($80.200)
      251 words
    • Article
      OTHER RESULTS DUE
      623 22 Mi M Lat WHar Cmmm tartta tan Tar W toa tat J m*« (ctx) jn* Mjmt EXS Final No* 6 W 91 3071 17.S781 M Interim Aug 6 Dec 92 190 10 0 37.607 IB larf Interim Aug 23 Dec 92 7 9 5 0 50.908 I
      623 words
    • Article
      INTERIM RESULTS
      381 22 Ctwp—y Date HaM-yoar Group pro-tax Interim MR to profit/toss (L) dhridoad (•000) MTC Sep 11 Jun 92 M$27.493($36,760) 12.8(11.5) Orchard Parade Sep 11 Jun 92 $2,684($2,731) ROC Sep 11 Jun 92 $6,485 ($9,290) Hysan Sep 10 Jun 92 HK$601,979($460,767) 5.6(4.6) SAE Sep 9 Jun 92 $4,543(14.098) Aetna Sep
      381 words
    • Article
      RESULTS FORECAST
      80 22 hhM latUTw Fvacst Mi M MM PS mmei Ttar EPS finat pralt tap tap tam FvM Mjr (cte) (TNI) (S$a) (ctx) CM Last Fri Ymt Faracast Mi M MPnfll EPS ami 1m EPS Cms pnft N> tap Cnw fmM Mf (eta) MM F Apr 30 Dec 91 15
      80 words
    • Article
      DIVIDENDS ANNOUNCED
      995 22 CwTMt Ei torts tote TateHar Tatei far payMHt date ctaa payaMa tea yaw tat yaar ABN-Anvo 5* 28* (I) Aug 31 NYA Sep 14 28% 58% NOB 50c 35* (b) Sep 10 Sep 24 Oct 23 3.5% 3 5% htm 5%(I) Sep 18 Sep 30 Oct 15 5%
      995 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      917 22 Traas Bagbterad tatitirtil Bay/ Na. af Aaaaat StMrifciWag Stock Data MaMar SkaraMdar/Mractar Sal skam Balm After GoWtron 09/09/92 0(« Soon Kot B 220,000 145.000 28,345.000 14.30 28.565.000 1440 Kqipel Corp 08/09/92 NSPl Temasek Hott*s *S 86.000 506.244 155,917,001 35.15 155,831,001 35.13 NatSteel 08/09/92 CDPI-06S Securtbes DBS Bank
      917 words
    • Article
      CORPORATE DEVELOPMENTS
      373 22 Sep 11 Stamford Tyres Corp Ltd has clinched a US$6 million contract to supply tyres and earthmover tyre services to a major mining company in Asean. Centrepont Properties Ltd has completed the acquisition of 700,000 shares of $1 each in the capital of Orrich Investments Pte Ltd, representing
      373 words
    • Article
      APPROVED ISSUES
      202 22 Company Rights Issue Gddei Hap* One-tor six fe, MSI 50 per stare Ex-date Aug 27 Boois dose: Sep 10 Acceptance Payment WYA IMS One tor-one g MS5 00 per stare Ex-date Sep 7 Books dose Sep 21 Acceptance t Payment WYA OUT One-tor-two SI 50 per stare Ex-date
      202 words
    • Article
      PROPOSED ISSUES
      524 22 Company ttgits issue Mm Tetti One-to-one $100 per start Viul St Ml One-tor three M$2 20 per share Issue of 211 62m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CHfS) with up to 211.62m Transferable Subscription Rights (TSR) for an aggregate pnce of MJ1 per
      524 words
    • Article
      COMPANY MEETINGS
      220 22 Kuantan Ftar Mfc Bhd: Bth AGM at the Plaza 1 Room, Ist Floor, The Plaza Hotel, ialan Raja Laut ***** Kuala Lumpur, on Monday, Sep 14, at 10.30 am Pertama Hokings Ltd: AGM at Ist Level, Victoria Room, Victoria Wing, Alison Hotel Singapore, 101 Victoria Street Singapore 0718,
      220 words
    • Article
      SCRIPLESS CONVERSIONS
      266 22 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (IDP) (ST) starts Alex Hides Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 ApoDo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 Cold
      266 words
    • Article
      RECORD HIGHS & LOWS
      142 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 N* 1316.68 (21/2/92) 1J92 to* 1545 1992 tow: 1122.50 (18/8/92) 1992 to*. 310.95 (18/8/92 1991 l*t 1333.08 (3/6/91) 1991 hi* 565 58 3/6/91) 1991 Int 1022.52 (16/1/91) 1991 1tar. 149.J8 16/1/91 1990 hi* 1435.43 (16/7/90) 1990 hi* 607.12 (27/3/90) 1990
      142 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      237 22 In local cwt la S$ In L U dy yr dy yr dy yr sep.-11 lBdex chgc chgc chgc chgc dyefagc 3«n 5 -0.6 -6.8 -1.2 -7.0 -1.3 -5.6 +RAJFF 442 9 -1.1 -11.8 -2.1 -10.5 -2.2 -9.2 3079 09 -5.7 -0.7 -2.6 -0.8 -1.1
      237 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Wall Street draws comfort from Bush's economic speech
      830 23 FT PRESIDENT George Bush finally made an impression on the stock markets last week. Speaking to the Detroit Economic Club on Thursday afternoon, he outlined his "Agenda for Economic Renewal", which included spending cuts and an across-the-board tax cut of one per
      FT  -  830 words
    • Article
      ASIAN MARKETS ROUNDUP
      1151 23 IN ONE OF its most volatile weeks, the share market's key indicator, the All Ordinaries Index, started at 1530.3, spiked down to a 14-month low of 1462.3 points on Thursday, then climbed to a close of 1501 on Friday. The reason was Kerry Packer, Australia's richest man,
      1,151 words
    • Article
      Maastricht key to stable foreign exchange market
      919 23  -  LONDON By Ray Heath IT IS UNLIKELY that one UK citizen in 1,000 could point to Maastricht on a map of Europe, yet the name of this Dutch town will be on everyone's lips this week. On Sunday, the French vote in a
      919 words
    • Article
      Lock icon Stocks fall after rising for 3 weeks
      519 23 AFP TOKYO Share prices fell on the Tokyo Stock Exchange last week, due largely to arbitrage selling, after rising for three consecutive weeks. The Nikkei Stock Average closed the week on Friday at 18,107.69, down 447.61 points or 2.4 per cent from a
      AFP  -  519 words
    • Article
      Lock icon Share prices fall in volatile trading
      230 23 AFP a HONGKONG Share prices fell 1.62 per cent to a two-week low in volatile trading last week amid continuing Sino-US trade disputes and questions over Hongkong's new airport. The key Hang Seng Index lost 91.31 points to close the week's trading on Friday
      AFP  -  230 words
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  • WORLD STOCK MARKETS
    • US stocks close mixed in quiet trade
      • Article
        INDICES & TURNOVER
        72 24 INDICES TURNOVER CkM Previous Sep II NEW YORK Dow Jones SAP 500 Turnover (million) 3,305.70 3.305.16 419.58 419.95 180.56 221.99 +0.54 -0.37 -41.43 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,729.9 2,370.9 475.3 1,707.4 2,340.6 485.6 22.5 30.3 -10.3 FRANKFURT DAX Index unav 1.528.67 AMSTERDAM EOF. Index unav 276.98
        72 words
      • Article
        Untitled
        289 24 Amsterdam Sep II Fl» +A ABN-Amro 43.70 .7 Aegon 63.70 4- .8 Ahold 74.70 .9 Akzo 140.70 2.1 Alrenta 200.70 .3 Amcv 54.50 -.5 Bols 42.30 +.1 Borsumy Wehry 55.30 4- .3 Buhrman Tettero 34.40 .5 Centrale S M 97.80 -.4 DP American 18.40 DSM 99.70 -.2 Elsevier 110.00 -.5
        289 words
      • Article, Illustration
        NEW YORK
        1441 24 NEW YORK stocks closed narrowly mixed in quiet trading on Friday, making a modest follow-through of a sharp rally on Thursday that was sparked by President George Bush's speech on how he will revive weak US economy. The Dow Jones Industrial Average inched up 0.54 point to 3,305.70.
        1,441 words
      • Article, Illustration
        LONDON
        748 24 SHARE PRICES rose in London on Friday following the rise of the dollar and pound and after publication of inflation figures which were better than expected. At the close, the FT-SE Index of 100 leading shares was up by 30.3 points to 2,370.9. The FT-30 closed up 22.5 points
        748 words
      • Article
        PARIS
        270 24 FRENCH SHARE prices built on their opening gains to close near the day's highs on buying that brokers linked in part to speculation that France would ratify the Maastricht Treaty in its Sep 20 referendum. A poll issued after the close showed the treaty was backed by 54 per
        270 words
      • Article
        MILAN
        170 24 ITALIAN SHARES ended three days of gains by closing weaker on Friday as dealers again focused on the struggling lira and political worries. The MIB AllShare Index fell 1.64 per cent to 720. Volume was about 100 billion lire. Earlier, rumours that the Bank of Italy might raise its
        170 words
      • Article
        ZURICH
        272 24 SWISS STOCKS ended firmer on Friday, helped by a strong rise in Nestle shares after the company reported its group net profit rose 16.5 per cent in the first half of this year. The blue-chip SMI rose 19 points to 1,811.8, while the broader SPI firmed 10.1 to 1,118.3.
        272 words
      • Article
        STOCKHOLM
        172 24 SWEDISH SHARES closed the week on Friday firmer on an overnight Wall Street rise, stronger dollar and growing confidence in the central bank's ability to defend the crown. The Bourse General Index rose 1.59 per cent to 717.22 while the Top-16 Index was up 2.27 per cent. Turnover was
        172 words
      • Article
        BRUSSELS
        229 24 A FIRMER DOLLAR and New York share market, mixed with some takeover spice and good company results, helped Belgian shares maintain their recent strength on Friday, ending just below the day's best levels. The Bel-20 Index closed 0.59 per cent higher at 1,079.58. Shares worth 804 million Belgian francs
        229 words
      • Article
        JOHANNESBURG
        390 24 SOUTH AFRICAN shares closed higher on Friday as the market took heart from the African National Congress decision to hold high-level talks with government but dealers warned nervousness remained. "Investors are still exercising caution as fundamentals come into play with bad company results almost every day," a dealer said.
        390 words
      • Article
        TORONTO
        375 24 TORONTO STOCKS ended marginally lower on Friday after a featureless and moderately active pre-weekend session, traders said. "The Canada dollar's been up and down like a toilet seat. I'd say that's the only real feature," Maison Placements Canada Inc president John Ing said. The TSE 300 dipped 3.4 to
        375 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback rises ahead of G-7 meeting
      432 25 NEW YORK Reuter THE US dollar ended an extremely volatile session in the US a pfennig higher last Friday, and dealers said the tone turned decidedly bullish. "People are talking bullish. The fundamentals haven't changed but we are seeing anticipation of what may happen
      Reuter  -  432 words
    • Article
      Lock icon Most regional units fall against US$
      758 25 ASIAN CURRENCIES AFP HONGKONG As the US dollar con- tinued to bounce back worldwide, most currencies in the Asia-Pacific region lost strength against the greenback last week. Only the Japanese yen, the South Korean won and the dollar's Australian, New Zealand and Singapore counterparts
      AFP  -  758 words
    • Article
      INTERBANK FOREX RATES
      425 25 Cross rates US$ S$ MS Dm Yen SFr AS NZ$ us$ 1.5960 2.4980 1.4400 124.20 0.5163 1.2830 1.3822 1.8349 SS 0.6266 1.5652 0.9023 77.8195 0.3235 0.8039 0.8660 1.1497 MS 0.4003 0.64 0.5765 49.7198 0.2067 0.5136 0.5533 0.7345 Dm 0.6944 1.1083 1.7347 86.25 0.3585 0.8910 0.9598 1.2742 Yen
      425 words
    • Article
      MONEY MARKET
      527 25 Interbank rates S$_ Bid Offer Overnight 5/8 3/4 1-month 1 7/16 I 9/16 2-month 1 11/16 1 13/16 3-month 1 13/16 1 15/16 Overnight mode: 3/4 US$ High Low 7 days 3 1/8 1 month 3 3/16 3 1/8 2 months 3 1/8 3 1/8 3 months 3
      527 words
    • Article
      Lock icon Most US bonds unsold in new US$9b debt flood
      557 25 Flat secondary prices and weak US Treasury market likely Reuter NEW YORK After flooding the US corporate bond market with US$9 billion (S$ 14.4 billion) in new high-grade debt last week, underwriters are knee-deep in unsold issues. The near-term ramifications of
      Reuter  -  557 words
    • Article
      Lock icon Goldman Sachs says Canadian $ should stabilise
      395 25 Goldman Sachs says Canadian should stabilise Reuter TORONTO Goldman Sachs Co has said the Canadian dollar could weaken further into the C 51.23 to C 51.24 range on technical selling, but at that point the unit would be oversold and should stabilise. "The technical picture still looks pretty bad for
      Reuter  -  395 words
    • Article
      PRIME LENDING RATES
      488 25 Ini Ini ABN Amro Bank NV 6 ANZ Banking Group 6V> j fl Allied Irish Bank PLC 7'/j American Express Bank 6V< Arab Banking Cofp Arab Bank PLC 6 K( BFCE 6* K Ban Hin Lee Berhad 6Vi Banca Commerciale 7 Banco do Brasil n Bangkok Bank
      488 words
    • Article
      Lock icon US credit market likely to gain from EMS crisis
      414 25 Knight Ridder NEW YORK The US credit market is likely to benefit from the mounting crisis inside the European Monetary System (EMS) as Europe's high interest rate policy appears untenable, analysts said last Friday. The crisis inside the EMS has escalated
      Knight Ridder  -  414 words
    • Article
      FINANCIAL FUTURES
      127 25 COM EX S2 n COU> FUTURES (100 oz) USS/oz Open High Low Settle Change iZToi Z 340.90 -^30 oa 34,.70 34 70 340.20 ***** -130 Cte 343.00 343.20 341.50 342.90 -130 Feb 93 344.40 344.40 343.30 344.40 -J. 30 Apr 346.20 346.20 346.00 345.80 -j.30 aIH 349.10 -1.30
      127 words
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  • COMMODITIES
    • Article
      Lock icon Tin grouping still effective in control of supply: Indonesia
      318 26 Reuter JAKARTA The Association of Tin Producing Countries (ATPC) has managed to control the world's supply of the metal, Indonesian Mines and Energy Minister Ginanjar Kartasasmita said. "Until now, the ATPC has been effective but we must prepare for a time
      Reuter  -  318 words
    • Article
      Lock icon Opec expected to maintain status quo at Geneva meeting
      266 26 AP BRUSSELS For Opec, doing nothing may be the best strategy. Consumers are buying more oil ahead of winter, crude prices are firming, and one of the cartel's top producers remains on the sidelines. Such a scenario faces ministers of the
      AP  -  266 words
    • Article
      S African crisis raises prices of precious metals
      812 26 REPORTS LONDON The political crisis in South Africa unleashed by the massacre at Bisho, Ciskei, raised the prices of precious metals last week as dealers feared stoppages in the country's important mining sector. However, production was not immediately affected and prices slipped
      812 words
  • Article
    PRICES
    1392 26 Rubber HAS Commodity Eictaiiga (future* closing as at lpm) IKS I Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 92 143.25 141.00 142.00 1,350 1,525 Nov 141.75 139.50 141.00 2,000 3,825 Dec 140.00 139.75 139.25 100 3,475 Jan/Mar 93 139.25 137.75 138.50 3,900 17,025
    1,392 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      203 26 BUSINESS TIMES "oil free Tel No 737 0043 -Fax No: 734 3698 NOTICE <© BBMB INTERNATIONAL BANK (L) LIMITED U5550,000,000 Guaranteed Negotiable Floating Rate Certificates of Deposit due 1994 Guaranteed By BANK BUMIPUTRA MALAYSIA BERHAD In accordance with the provisions of the Certificates of Deposit, notice is hereby given that
      203 words
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      Page 26 Advertisements Column 2
      266 26 M THE MATTER Of THE COMPANIES ACT, CAP. 90 AND W THE MATTER OF AARDVARK INVESTMENTS PTE LTD (In HMnbers'Vofcinwy Liquidation) At an Extraordinary Ganaral Meeting ot tha Company held at 48 Robertson Quay (02-00 OUB Warehouse Singapore 0023 on 10 September 1992 the following special resolutions woe# pawtrf k
      266 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1231 27 C*y F1QK ETA Wjgt ETO SO228 2050 SQ227 2230 H—— RJ182 1440 RJ1S3 2340 nmilirlim SQ23 0645 KL838 2240 KL831 0940 itM—i NZ25 1655 NZ28 1810 SQ288 2030 BA12 2200 BwdwSwl BI421 1105 SQ182 0915 imm SQ181 1410 B1422 1205 B1429 2030 B1430 2125 ■Mrtrt GA861
    1,231 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Pilgrim's progress
      732 27  -  POSTCARD FROM MADURAI By David Pilling The only signs of activity at the Pondicherry railway station were two goats gnawing at the door of a stationary box-car and the window of the ticket office slamming shut to mark the start of a three-hour lunch break. My mission to
      732 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 27 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1516 1.1672 Canadian dollar I.29S6 1.3218 NZ dollar 0.8603 0.8780 Sterling pound 3.0822 3.1250 US dollar 1.5920 1.6020 Local dollars to 100 uhs of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      69 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Oct 14-17 Air Forum *92 Palexpo, Orgcxpo, Geneva 002/*****00 Oct 15 TOe Networked The Cafe 071-*****14 Q—jyj Building Royal, !BC Technical (tax) London Services c nml Oct 19-22 -IFRA *92 Palexpo. INCA REj *****1-*****2 Oct 13-15 Laboratory
      69 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      45 27 It's amazing the lengths Pinnair goes to for just one price. Fly Pinnair 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 Mart to Finmih.
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      Page 27 Advertisements Column 2
      7 27 WEEKLY OVERSEAS EDITION Subscribe now. Call 749-2577.
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      Page 27 Advertisements Column 3
      42 27 um Hot lips...luscious lips...kissable lips...what makes the perfect pair of women's lips? How do you shape the imperfect ones into beauties? LOOK tracks down the Most Kissable Lips in Singapore today. LOOK pays lip service to odd shapes. LOOK is fashionable TODAY.
      42 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      316 27 XDBLDZ 4 Pooh-poohing Baden-Pow-outdoor theme 11 9 Frenzied ailing antelope 10 Briefly continued in em- ""TMf ployment despite being bruised (8) 17 I I I I I I I I j 12 One who succeeds as ambassador to a retiring king- 18 19 emperor (4) 13 Greek character seen I
      316 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      171 27 Singapore Outlook: Showers with gusty winds over many areas in the pre-dawn hours and and early morning Report Maximum temperature 31.1 Assoc humidity 58% Minimum temperature 22.9 Assoc humidity 97% Hours of sunshine 4.40 Rainfall in mm 4.7 Rainfall this month 30.9 Rainy days this month 6 World report Asia-Pacific
      171 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      27 27 INO Fe.p\9...rr*> ri&M BnID CHIPS npslfc. cpkn >&oe?oo"\ T^ G *1. worn 6-) V TreJg 001 R use UfOUR OF 7* y 87*1 O ASSOCIATED LTO, IWS-IM2
      27 words
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  • Article
    Lock icon Futures exchanges change tack to seek new business
    502 28 Many soften demands for stricter OTC regulation Reuter BUERGENSTOCK, Switzerland Futures and options exchanges, in a significant change of tack, are conceding that over-the-counter, ofT-ex-change derivative markets complement, rather than threaten, their floor-based markets. Exchange officials at the annual meeting of the
    Reuter  -  502 words
  • Article, Illustration
    Lock icon Jewish settlers threaten to bring down govt
    425 28 Protesters warn Rabin not to give up Golan for peace with Syria AFP, Reuter JERUSALEM Jewish settlers from the Golan Heights yesterday pledged to bring down the government if Israel makes territorial concessions to Syria at the Middle East peace talks which resume
    AFP,; Reuter  -  425 words
  • Article, Illustration
    Lock icon Canary Wharf tower is latest tourist draw
    136 28 Reuter LONDON The Canary Wharf skyscraper, centrepiece of an insolvent office development in London's Docklands area, was opened to tourists on Saturday after it failed to attract business tenants. The gleaming 59-storey tower charged tourists £3 (559.30) each for an elevator ride to
    Reuter  -  136 words
  • Article
    Lock icon EC warns US about provoking steel trade war
    231 28 Reuter BRUSSELS The European Commission warned the United States on Saturday that it risked provoking an international steel trade war and hit out at what it called unwarranted US import duties imposed on some types of steel from three European Community countries.
    Reuter  -  231 words
  • Article, Illustration
    Role for Singapore in environmental aid
    788 28  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist ALONG with "big-league" status for Singapore comes the possibility, even the responsibility, of a bigger role in the international community. One area commends itself: environmental protection. Singapore has an admirable track
    788 words
  • Article
    Lock icon Third World debt crisis not over, hard fight for funds ahead: OECD
    360 28 Reuter PARIS Banks and governments may be getting the upper hand over the Third World debt crisis but it has not gone away and poor countries will have to fight hard to win more funds in coming years,
    Reuter  -  360 words
  • Article
    Lock icon India may surpass China in population
    533 28 AP NEW DELHI India has been unable to contain its population explosion by encouraging sterilisation and may displace China as the most populous nation early in the next century. India is adding more people to the world's population than any other country, accounting for
    AP  -  533 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      228 28 -TT" Every Saturday in Business Times Best software for your payroll processing! ENHANCED FEATURES FOR VERSION 2.1* Extra pay period for commission/bonuVbackpay a Password control access to different category of employees a overtime formula per employee a Flexible work day calculation for shift work per employee a Export payroll working
      228 words
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      Page 28 Advertisements Column 2
      6 28 INVESTMENT Every Saturday in Business Times
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  • Shipping Times
    • Article
      Cosco, KSH Shipping set up legal outpost here
      339 29  -  Firm will handle issues like disputes, claims, investigations in region By Dexter Lee SINGAPORE China Ocean Shipping Company (Cosco) is poised to save substantially on legal and other costs should disputes or mishaps involving its vessels occur. The carrier, which operates one
      339 words
    • Article
      Lock icon Ship impounded for arriving two months late
      182 29 Reuter DHAKA Bangladeshi port authorities said they had impounded a Pakistani cargo ship for violating its contract by arriving nearly two months late. Chittagong Port Authority officials said they detained the Safina-e-Haider on Friday on orders of the Admiralty court. Feroze Alam, managing
      Reuter  -  182 words
    • Article
      Lock icon Burning ship towed to New Orleans
      216 29 UPI NEW ORLEANS An engine room fire disabled a 275-metre Spanish container ship on Friday with 24 people aboard as a commercial tugboat towed the burning ship toward New Orleans. Coast Guard petty officer Brandon Brewer said the CTE Macerena was drifting in the
      UPI  -  216 words
    • Article
      Evergreen to start Europe/ Vietnam service
      211 29  -  By Ramesh Divyanathan SINGAPORE Drawn by the fast expanding Vietnamese trade, Taiwanese giant Evergreen Marine Corp will boost its service shortly with a regular Europe-Vietnam container service. The service will start from Oct 1 and containers to and from Europe will be transhipped from
      211 words
    • Article
      Lock icon Turkey to release Iran-bound cargo ship: minister
      376 29 AP NICOSIA, Cyprus Turkey's Interior Minister on Saturday vowed to rein in Iranian dissidents operating in Turkey and release an Ira-nian-bound cargo ship to improve strained ties between Tehran and Ankara. Tehran's official Islamic Republic News Agency said the promise was made during
      AP  -  376 words
    • Article
      Lock icon Chinese maritime forces continue to seize ships
      269 29 AFP HANOI Vietnamese freighters seized by Chinese forces after leaving Hongkong continued to straggle home on Saturday but there was no sign of a fresh convoy that set out early in the week, Hong Gai port officials said. The Co Luyen, Song Chanh
      AFP  -  269 words
    • Article
      SAE to launch 'black box' in taxis
      86 30 SINGAPORE SAE Industrial Systems Pte Ltd, a subsidiary of Singapore Automotive Engineering Ltd, will be launching the road transport's equivalent of the aircraft bjack box a device that records information on driver behaviour and vehicle performance. This device, the first of its kind
      86 words
    • Article
      Indon airlines hire military pilots
      81 30 JAKARTA Two state-owned Indonesian airline companies, Garuda and its subsidiary Merpati Nusantara, plan to recruit air force pilots to fill the shortfall of skilled pilots, Transport Minister Azwar Anas said on Saturday. Mr Anas told the local media that military pilots were urgently needed to
      81 words
    • Article
      Lockheed to open plant in Reno
      50 30 CALABASAS, California Lockheed Corp said on Friday it will open a plant in Reno, Nevada, as the headquarters of its recently formed Mountaingate Data Systems Inc. Lockheed said the facility, located a few miles south of Reno Cannon International Airport, will house 150 employees.
      50 words
    • Article
      UN pact to reopen Somalia port
      65 30 UNITED NATIONS An agreement has been reached to reopen Mogadishu port which was closed two weeks ago following an attack on aid shipments to famine-stricken Somalia, a UN spokesman said on Friday. The agreement, mediated by UN special envoy to Somalia Mohammed Sahnoun and
      65 words
    • Article
      Canadian airlift begins
      54 30 MOGADISHU Canada launched an airlift Saturday to deliver 46 metric tons of food to two destinations in Somalia, while the United States expanded its relief operation in the starving nation. Meanwhile, the Red Cross and a UN agency on Saturday announced plans to sharply increase the amount
      54 words
    • Article
      6 die in US plane collision
      54 30 INDIANAPOLIS Two small planes collided over southeastern Indianapolis and crashed into heavily populated areas, killing six people, officials said on Friday. Miraculously no one on the ground was injured. State police spokesman Kevin Poe said a single-engine plane apparently struck the tail section of
      54 words
    • Article
      Macedonia refiner queries embargo
      89 30 SKOPJE The director of Macedonia's only oil refinery, which closed down on Saturday due to a lack of crude oil, called for the European Community to define the targets of the UN embargo in the light of war in ex-Yugoslavia. A delivery of 70,000 tonnes of
      89 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1195 30 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahienkiei Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 4 ASCL 5 5 ASXCL Shpg 15 2
      1,195 words
    • Article
      DAILY FREIGHTS
      453 30 PREIGHT market fixings picked up in volume, both in panamaxes for grain and capesizes for iron ore shipments, but rates remained steady, brokers said last Thursday. The Baltic Freight Index (BR) was down one point at 1,055, showing minor realignments. The absence of a US announcement on Russian
      453 words
    • Article, Illustration
      Lock icon Air fare wars prove disastrous
      1297 30  -  Edwin McDowell wonders which US airlines will benefit most from the fare war Edwin McDowell NYT The halfprice summer air fare, the airlines' response to lagging traffic, officially limps to a close yesterday, when cut-rate ticket holders are required to have completed their travel. But
      NYT  -  1,297 words
    • Article
      COCKETT BUNKER MARKET REPORT
      817 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      817 words
    • Article
      THE SHIPPING GUIDE
      8364 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
      8,364 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        473 45 \tasM fry* Bg> km* Wwwl toy No Berth Arm* Dapartoe Marina Ttrnwul 1 Sembawaitg Twminil Batam Murn *****2 M04 14.09/1000 15.09/0500 Hor«zhan 9238N S03 alongside 1409/0200 Batan Say** *****2 M04 14 09/1000 15 09/0500 Pcess Hway 50 SOI alongsaJe 13.09/1900 Batam Speed 83/92* M04 14.09/1700 14.09/2100 Trans
        473 words
      • Article
        CONTAINER SCHEDULE
        1663 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Shp lb Cawhfcla 00a Fortune 34W COO(EST) 13.09.92 2300 Eagle Sea 067 COO(EST) 14 09 92 0700 ,.,.v (vmirm 11M47 2300 Han Bhum 64S COD(tST) u/w w 2S 109 92 2300 Ad Goncharov 41S82 COO (EST) *****2 0700 gggg SS 9212
        1,663 words
    • Article
      TRANSPORT DIARY
      777 46 Sept 15-16: Asia-Pacific Digital Ceilular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970 or fax: 733-5087. Oct 5 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at
      777 words
    • Article
      SIA's Swiftrider raked in more than $1m in June
      360 48  -  Airport-to-airport cargo service popular in LA, San Francisco By Rahita Elias SINGAPORE Revenues from Singapore Airlines' air-port-to-airport service, Swiftrider, has shot past the $1 million mark about one year after it was launched. According to SlA's in-house magazine Outlook, the service
      360 words
    • Article
      Lock icon Sale of fighter-bombers to Saudis exposes contradictions in US policy
      393 48 AFP WASHINGTON The sale of 72 F-15 E fighter-bombers to Saudi Arabia illustrates the contradictions of a US policy torn between the desire to halt the Middle East arms race and the need to help defence industries battered by US
      AFP  -  393 words
    • Article
      Lock icon FBI agents uncover aircraft parts fraud
      276 48 UPI SAN FRANCISCO An 18-month FBI sting operation led to fraud charges being filed on Friday against four California companies, a Ten-nessee-based firm and several executives over the sale of bogus aircraft parts to the Defence Department Richard Held, the agent in charge of
      UPI  -  276 words
    • Article, Illustration
      Russia to hand over black box to S Korea from 1983 jet crash
      239 48 MOSCOW The "black box" flight recorder data from the Korean Airlines jetliner downed in 1983 will be among the materials Russia will give South Korea to help clear up nagging questions about the tragedy. Russian President Boris
      239 words
    • Article
      Lock icon Aircraft crashes at Peruvian airport, one dead
      205 48 UPI LIMA The pilot of a plane with 35 passengers and four other crew members aboard died when the aircraft crashed on landing at a rural airport in the Peruvian Amazon, a radio report said. At least 11 people were seriously injured in
      UPI  -  205 words
    • Article
      Lock icon Afghan rebels said to have besieged Kabul
      417 48 But the Hezb fighters agree not to attack airport Reuter ISLAMABAD Afghanistan's dissident Hezb-i-Islami faction said on Saturday it had taken control of all approach routes to Kabul but had agreed to peace mediators' requests not to resume attacks on the capital's airport.
      Reuter  -  417 words
    • Article
      Lock icon Sudanese airport reopens
      259 48 AFP NAIROBI The airport of the besieged southern Sudanese town of Juba reopened to large-scale relief flights on Saturday after being closed for a month by rebels who downed several planes, a senior UN official said. "The airport reopened from today," said Tun Myat, director of logistics
      AFP  -  259 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      148 29 Air fare wars prove disastrous, Pg 2 Swiftrider raked in more than $lm, Pg 20 I Heartiest Congratulations I I I MR DAVID YEO KHEE CHYE I I OUR GENERAL MANAGER (SEAFREIGHT) I I ON BEING CONFERRED THE I I PTTRI ir. SERVICE MEDAL (PBM) I I BY HIS EXCELLENCY
      148 words
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      Page 29 Advertisements Column 2
      112 29 the FAMOUS bWk/mmk ■CBmBII 224 1833 For more information please refer to Pg. 13 X Wf":. x.l.jrMJK* r I I ncr IS STILL HERE MOL's New Alligator Service to North America is bigger and better than ever. More sailings, even more cargo space contact your local MOL agent and find
      112 words
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  • Page 31 Advertisements
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      1985 31 snipping Times, iwonaay oepirmwr i* iw M OOCL (S) PTE LTD JARDtNE SHIPPING AGENCIES *****11 FAX: *****09 All WWW BOOKINGS TEL: *****34 *****58 gWHW TERMINAL/CFS TEL: *****18 220 P EQOQ9 1 PEBAKA JARCMNE SHIPPING AGENCIES SDN. BHD. L Vflflf J PORT KELANG TEL: *****18 FAX: *****91 *****88 ——7 T~r~ —7Z
      1,985 words
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      Page 31 Advertisements Column 2
      188 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT fSEEtfIIm m/voY m wtc ML" O»F mm n iim a/u a/u m/m a/it bm m tz/x «/u t7/n a/ii ivu wr n/ii a/u a/u a/11 a/u a mi a n/u a/u n/u a/u
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      1413 31 ■LM.HHWI* WEEKLY DIRECT CALL TO SHIMIZU f' REGINA MAERSK 9211 ETA SIN 17/9/92 1 ETA SHIMIZU 29/9/92 I Vassal Voy ETA ETD Feeder fry I DESTINATIONS Learort/Arlee I TUN mm Mf«nc 9206 I CY 22/9 0400 MRS IMMH MM MB MM 1 CFS 21/9 2359 HRS JOH LPK PEN OAK
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      1359 32 f" I I I I 1 I fI'DAM/ IHWVMni VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE ELBE 12/137 17/9 26/9 10/10 6/10 5/10 1. AU WKTBOU® HOECHST EXPRESS 05/337 20/9 7/10 9/10 12/10 13/10 ffIET 1 fOWH HAMBURG EXPRESS 10/138 24/9 3/10 17/10 13/10 12/10 CJMO TO
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      462 32 FCL Breakbutk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole forwarder in Kabul for aS sorvtces C.1.5.-Vo*tochny, Vladivostok, Moscow, Tashkent, Kkm, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder V——< ITA MM VILLE DE LA FONTAINE 20/09 VILLE DE TUCANA 24/09 VILLE
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      1446 32 RlvoaaaiA un REGULAR INDEPENDENT FULL CONTAINER SERVICE ROT ANT# FEL LMA j NORASIA SAMANTHA 9229-3 15/09 07/10 09/10 11/10 12/10 12/10 13/10 14/10 15/10 I NORASIA SMGA 9229 3 21/09 14/10 19/10 19/10 19/10 20/10 21/10 22/10 23/10 NORASIA SUSAN 9230-3 29/09 21/10 23/10 25/10 29/10 29/10 27/10 29/10 29/10
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      1452 33 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Keppd Towers Singapore 0200 Td: ***** M Fax: *****17 —-===T ACCEPTS C/UtGO OIK SMLS SMGAPOK PHWMI PWt MB kOUR Vo7t Mora. Stun. Taw 13-14 Up 14 Sep 15 Sep UtKTIS PRMCESS V 9203 15 Up 1» Up STRJUTS STM *1«
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      1450 33 H SINGAPORE AGENT: P»0 Containers (Singapore Agencies) Pte Ltd L I*VVI I t .OtlLdlllClS 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208>k X \AllliillllVl Tal 225 2233 TeJax: RS ***** PNOCSP Fax: 225 5327/222 7517 X CR Number. **********02 MM VCOOCI VOt MIT MOT NMI WW IS) ALO I
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      595 34 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE i iUL/Wr STWE ROAM/AOMN WBUtG BttUN MOWN ■CUIM/2CWB 6/10 J/11 15/11 20/11 23/11 WTNUM/33M 27/10 20/11 30/11 4/12 1/12 FAST TRANSIT TIME 1 ACCEPTING BREAKBULK/CONTAINERISED CARGO |Sublet to Inducement. Also accepting cargo to CimMmm, .Port Said, Port Alexandria, Genoa, Trieete. UK
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      1439 34 OHANJIN SHIPPING fWttl ran IVC haul IGB OAK PW VS. SN |L* HNK SA» U NTC HMUN OSAKA 002E 20 9 DMECT 11/10 1410 HANJM CHEiU 006f 14/9 M. YOKOHAMA 0411 22/10 23/10 25/10 HANJN HONGKONG 035E 27/9 ORECT 18/10 21/10 HA NAN KNANGTANG 0921 21/9 M. PIiMTT 0241 29/10
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      1279 34 ii ifi-I'M in ix ut u m o» n w nc tu oe u nt in in m w m a n I' ISUttU OM 15/1 11/1 21/» 23/9 25/1 20/1 21/1 1/11 M« 1/11 5/11 14/11 20/11 N/ll 11/ M 10/11 11/11 12/11 IVU IVII 24/11 4/12 l/U 1/12
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      1559 35 Shipping Times, wonaay aepiemner it twz 1 1 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOWINGS (FOR!ALVNOL SERVICES) N6Fn*« L, NK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE^SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 AUST/INDIA/PAK NEPLINE SDN
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      Page 35 Advertisements Column 2
      1030 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) _J FULL CONTAINERSHIP SERVICES EASTBOUHD—OCCHARQN6 WESTBOUND—IOAHN6 THAHSHmD VIA tOTTHPMI unm ww Imi
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      1585 36 S- V M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/99 I I IXI H MALAYSIA: 'K'UNE MARITIME (MALAYSIA) SON BHD JUmi JL MrnJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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      Page 36 Advertisements Column 2
      841 36 PHIII-OMNT LIN€S FT* uv artf BY AIR, LAND OR SEA.... yjffL WE TAKE ON THE WORLD FOR YOU tRr MEMBER OFSINGAPORE FREIGHT FORWARDERS 2 lip NAPIER. CHRISTCHURCH io ccp ncvirn nrv TAMPICO. VERA CRUZ, PARAMARIBO u AND ALL EUROPE INLANO DESTINATIONS r*!^!Ss!!^^ IS£P 14 SEP PORT KELANG, PENANG MBMHHI■■BBTMSUMV —flVKffj
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      1702 37 gaag"fl_ PACIFIC INTERNATIONAL LINES (PTE) LTD IBi 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E VESSEL *OY MM JKT Ml KOTA BINT UNO KBT34N 15/9 18/9 22/9 BUNGA TERATAI 373 15/9 16/8 22/9 fOOAT OR CRYSTAL KMM 15/9 1»/9 22/9 EQUATOR HAWK SON 18/8 Wl
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      835 37 p P GUOANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) B 11/9 11/9 12/9 TOYAMA 2362 15/9 2/JO 4/JO 5/10 7/10 I C 18/9 18/9 19/9 AROSIA 2372 22/9 9/10 11/10 12/10 14/10 I D 25/9 25/9 26/9 NIHON 2382 29/9 16/10 18/10
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      279 37 °BSA° TRANSPORTATION M MYANMA ÜBk FIVE STAR LIKE (Myanmar National Line) Loading for Yan(on (Rangoon) S'por* P.KIf P«n P.fidj MAMOMAT V3SN In Pt PHY* YI24W In PI 17/10 N PAGAN VIUN 14/ IS S* 9d »PA-AN mil 17/20 S# NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE CPC RIVER MAJE HELVETIA
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      51 39 l/C' VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEATOA PORTS AUCKLAND SYDNEY import export MELBOURNE FREMAPTTLE SERVICES VV I jfer" FOR BOOKING SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL; *****66 TOLL-FREE TEL: *****34 FAX: *****86 FAX:
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      2306 40 Semi-Container Full Container Liner Services Liner Services Ctitertl Agntx fetlv Ifnts: Cm. Com SHpmC S* KM CtMfCtM SMMc S* BM f.T. t**l Pitn l*maa M**m 6«MraJ Af«*ts; Booking Agents: M u ir h Juanaa «/14 Wc*r.«S»wi«* *-mm*« C«rt»fSWppiiW«.Ud MMMjHMt.CM.MW a X^l siioou ASI MvprtoCoLU S,V"» 3WSS&™ 62 Cecil Street Fax:
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      Page 40 Advertisements Column 2
      242 40 sjuwaau muomm m pte ltd is mocallum otreet #03-01/02 NATWEST CENTRE tlwgfinra 0100 Tatox: R*****0 T«fc*****01-3 FIE 229 4030, *****30 FOR BOOK MOO CALL DMECT UNE TEL: *****41/2222M3 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 977 15/09 (THE) 18/09 (FRO DERAJAT 999 16/09 (WED) 19/09 (SAT) ELBE STAR 901 18/09
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      591 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PREAUS 12/9 ROTTERDAM 12/9 HAIFA/ASHDOO/ALEXANDRIA 12/9 HAMBURG/BREMEN 12/9 MARSEILLE/FRANCE 12/9 FELIXSTOWE/UK 12/9 BARCELONA/SPAIN 12/9 LEHAVRE/ANTWERP 12/9 GENOA/ITALY 12/9 GOTHENBURG/SCANDINAVIA 12/9 LOS ANGELES/WC/IPI 12/9 SYDNEY/MELBOURNE 12/9 NEW YORK/EC 12/9 FREMAWTLE/ADELAIDE 17/9 VANCOUVER 12/9 BRISBANE 12/9
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      Page 41 Advertisements Column 2
      694 41 K^^WCl«L^EuS!^CtMclE^Ts^T^^O I'JW TEL: *****33 (12 Line*) SI FAX: *****15/*****03 |i+q TELEX: R8 ***** RIBHIP (3 Line®) |3t\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOB SPORE ANCHNET ?«WB 15/10 DARESSALAAM MOMBASA. OJBOUTI ASSAB MASSAWA ASSAY WOMT 34W8 OS/11 DARESSALAAM MOMBASA. OJOOUTI ASSAB
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      500 41 ■Miiiir™~ JAKARTA ipml wi I i [m. fpr .WW J wy- ..,1 gMM BHUM 15« 16 09 11/01 PITA MMM*## 21MI Ww MPT T>w 17/01 MMM BHUM 44S 11/01 22/01 VM* BHUM 221 Thu 17/01 T» 22/1 1535 ?3/W a w MM BHUM# 1241 W«4 11/01 S4W 20/01 "O"* W<
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      Page 41 Advertisements Column 4
      326 41 I ©sagaa neen-une VBL VOY SMQAPOnE MADRAS WQAWW ftsa m m mm an nsa Btttt 221* 11-14/19 19-21/09 24-27/09 nsa mve um imi/m 24-25/09 m-oi/io nsa SPEED 222* 21-22/09 27-29/09 95M/1I nta CHER 34M 24-25/09 JMI/1I 07-01/10 VBL VOY aXOAPOWC/CALCUTTA/SKQAfOWC VESSEI VOY SM CM. LHOTSE 421 11-11/09 17-21/09 27-21/09 DGEI
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      1122 42 fcABMAC-NELS groupage CK /VunPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V-J > P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 1 HKG/TWN/BKK I GOTH/U.K/MED PORTS PtN PKL SIN PEN PK SIN Lp/9 17/9 18/9 Honf Korg Ldn/Fh/Rdm/Ant 17/9 18/9 19/9 20/9 21/9 22/9 Honf Konf G'bure/C'haten/S'bokn/Oslo 15/9
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      Page 42 Advertisements Column 2
      296 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML Iff SM ni STM 0528 16/9 30/9 2/10 11/10 PREMER 20$ 2/10 14/10 18/10 1/11 MULBERA 29S 15/10 27/10 29/10 15/11 FULLY CONTAINERISED SAHJNOS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER, WELLINGTON,
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      1125 42 thonii soon lines pte. Ltd. Ms 77 RO6MSON ROAD #15-00, #16-00 SM BUUMNG SM6APORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CAREER, RS ***** JEHHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor [s pore IttST KSSEL |m SPtK f. KEIMO EQUATOR GRACE 63/92E
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      733 43 Shipping Times, Monday September 14 iwz COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAN, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BIL Of LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTHG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOW,
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      582 43 cza Jl*L„ N.AMERICA/CARRIBEAN SERVICES I ttSSEL IvOT m bwmm |WT uT NSI SAD WTC J»j_ m NELOOURK 21« 17/» 2M NBA* l?f 22/10 11/10 4/11 1/11 1/11 m TOKYO 7SE 21/1 2W PUSAN 17E 22/10 31/10 4/U 4/11 1/1} m KAOHSIM 1341 24/4 2M CANADA 71 30/14 1/11 12/11 14/11
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      652 43 MUITMMOE SHrPMfi PTE ITO II MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH DOHA. MUSCAT. BAHRAIN ABU DHABJ. BANOAR ABBAS JEDOAH FAR EAST ACCEPTINO FCL/LCL PENANG P/KELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN lAPAN, MANILA KOREA UK/EUROPE ACCEPTINO FCL/LCL LONOON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE. HAMBURG ROTTERDAM. ANTWEP GOTHENBURG COPENHAGEN 8
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      462 43 sijmf MONTHLY DIRECT CONTAINER SERVICE M SIN TO ALGERIA ALSO MLLMC KUSHUE/LtSKZM I TWICE WEIKIT CONTAMU SERVICE I SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE j I SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: I ASEAN/AUSTRALIA/FAR EAST/MEWTERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE j I SIN TO CHINA WEEKLY CONVENTIONAL SERVICE I MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE I EAST
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      464 43 SIN FAB EAST 21/9 KEELUNG/KAOHSIUNG 20/9 BANGKOK 18/9 MANILA/CEBU 19/9 JAKARTA/BELAWAN/SURABAYA 21/9 PORT KELANG/PENANG/E. Malaysia 21/9 BUSAN 30/9 TOKYO/YOKO/KOBE/NGO/OSA 1 21/9 HONG KONG SIN CHINA 21/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN /SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!M EUIOPE/UK 19/9 LDN/FLX/LVP/SOU 19/9 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN
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      735 44 HMHHIIHK<».< A^W<'.■.< w g ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries In conformity with 13 Imcoterms Discharging ports at own Bonded Warehouse total demands In shlpp'ing for carrying your with in house customs service and Routier I goods from door to door trucks
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      442 44 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 17 SEPTEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 20 SEPT JAKARTA 22 SEPT PENANG 21 SEPT PORT KELAN6 17 SEPT 24 SEPT I MELBOURNE 28 SEPT SYDNEY 28 SEPT FELIXSTOWE 19 SEPT HAMBURG 19 SEPT ROTTERDAM 19 SEPT
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      495 44 This Week's Sailings I To: ETD To! ETD Singapore Singapore Hamburg 20/09/92 m mjMg Bangkok 20/09/92 I t Plj Los Angeles JPlBn Manila 18/09/92 (Onforwarding --V, S 18 to Mid West/ 20/09/92 East Coast of 'y-fßof- !•> Colombo 20/09/92 USA) JJr Tel: Fax: Von Chan -fi Singapore 778 6522 779
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      306 44 V&rL CHINESE-POLISH JOINT STOCK SHIPPING CO A CONTAfO/BREAK BULK B. PIUS V.25 14/9 ROTTDBMM/HMBURG/GDYIM KARLOMCZ 50 10/10 CASABLANCA ÜBAI V.22 30/9 HUANGPU/XMGANG/SHANGHAI BALTIC FAR EAST SHIPPING PTE LTD 2 USUI ROAD #10-00. HMC BULDMG. STORE 0207 TEL: *****68 FAX: *****09 TLX: K ***** BALFB OML ORIENT EXpRESS L|NES REGIONAL OFFICE
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      89 45 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS L o^'<q> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional
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      155 45 WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY RUSSIA BELGIUM MELANO SWITZERLAND BULGARIA ITALY S2L DENMARK NORWAY SWEDEN FMLAND NETHERLANDS TURKEY FRANCE PORTUGAL TE CHECHOSLOVAKIA GREECE POLAND UNITED KNMOOM GERMANY ROMAMA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LINE 273-0466 YUSEN SEACARGO
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  • Page 45 Miscellaneous
    • Miscellaneous
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      434 45 TIDES AND WEATHER TODAY'S TIDES (heignt in metres) HOW OM MM cm ON MN «5M om 07M MM MM IMIIMI2HI3NI4N ISM liM 17M UN IM OH 21M ZM 2M JR 29 2.1 2.5 19 L 2 0.7 05 04 06 LI 18 2.5 2J 2J 2.5 10 1.4 OS 0.5
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      542 46 1 LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anion Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Paair Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
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      519 46 i. cosco UKC CONVENTIONAL StWVICE VESSEL PKL PNO P.O. LOADING FOB: A VESSEL 28/09 Rotterdam/Antwerp CMNA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/09 20/09 Huangpu/Goangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMNA/tANGKOK/HONOKONQ EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OOLF/KARACHI Please refer above mentioned
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      464 46 ■H k M 3,1 it/ 111 3i —i! 8M i WMIM iTiiiii?riWM7Ai 1 I HIMII JI MlWjI H M -^jlJk. Ml 1 IF RELIABIUTT IS 1: I YOUR PRIORITY 1 I IT IS OUR BUSINESS J; I 'Pte *dtd I James R Kasmel *****88 SKH DISTRIPARK PTE LTD I 77
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      1054 47 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE KSSELS PH» PKE+ I SB ITU WT' LET MM «t< H. FTONTW 301* 25/W 25/09 27/09 16/10 16/10 17/10 17/10 17/10 20/10 SL MMfO 3019 09/10 09/10 11/10 30/10 30/10 31/10 31/10 31/10 03/11 SI. FUEEDOM 3019 23/10 23/10 25/10 13/11
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      429 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS KtSU Ml SP N MC U mm i i tt» TUB MTI 43 n 11/ l CKMC RASTU It PT 11/1 CUM TUMI n 11/* 11/ l CMR TUMI 21 11/ l CALAMI IB 1 U/l N/1 mm
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      750 47 EXPORT TO: JEDDAH/UK/CONTINENT |(g^H iSTOM |CD STON HMt ITMM UN •Nh AccMN C«p Fr UK 12/137 11/ l 2*/ l 11/11 l/ll VII- k«l MMaUMaiMh MOEOBT BMBS M/JJ7 21/1 7/11 l/ll 12/11 13/11 I*Mm :to B Mm*, Am*** o*. MM* HAtBUK OP 11/131 24/1 VII 17/11 13/11 12/11 IwMu*l» :toB
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      122 47 BINTANG MAS SHIPPING PTE. LTD. 39 HEM. ROAD SINGAPORE 020S TEL: *****88 TLX: R*****5 SWMER FAX: *****64 ACCEPTS PORTS Of CARGO STORE OESTMATKMS MERCURY MIX VICE B Pt-15 Sap Mora. Labuwi BMTANC BEL AIT V2OE 14-15 S«p 15-16 BMBu. Mri. KBBM RMTANC SERIA VI9E 11-19 Sep 20-21 S«p BBluki. MM.
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      101 48 INVESTMENT Every Saturday in Business Times i§i^s It could be a controversial deal between two stock |7 v\ market stars, a thought-provoking report by >d[ university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and
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      54 48 pgr Notice NOTICE This is to inform that with effect from Ist August 1992, MR. VICTOR NG AH HOCK, NRIC No. *****73J, has left the company and he is no longer authorised to transact any business or to collect any monies for and on behalf of the company. SHINYEI SHIPPING
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      56 48 NOTICE M.V. EROS Voy.l Arr'd 3rd September 1992. Consignees of all damaged cargoes ex the captioned vAsel Is hereby notified that a general survey will be held on the 15th September 1992 0900-1200 hours at PTIO. No further survey will be entertained thereafter. AS AOENTS: K' Line Klnkal AB Shipping
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