The Business Times, 16 October 1992

Microfilm: NL18504
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, October 16, 1992 75*
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  • NEWS SUMMARY
    • Article
      US consumer prices up 0.2pc in September
      64 1 WASHINGTON Consumer prices rose a slight 0.2 per cent in September, the US government said yesterday, as a weak economy and tight-fisted consumers kept retail inflation in check. The scant rise brought inflation so far this year to a 2.9 per cent annual
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    • Article
      UK govt unbowed by mine closure protests
      56 1 LONDON The British government yesterday refused to bow to growing pressure to scrap plans to close half of Britain's coal pits and put 30,000 miners out of work. As the grandson of wartime leader Winston Churchill called the cuts "criminal", mining union leaders
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    • Article
      SNEF concerned
      41 1 DESCRIBING as "troubling" some aspects of the Industrial Arbitration Court's ruling on the Singapore Airlines wage dispute, the Singapore National Employers' Federation (SNEF) yesterday urged companies and unions not to view the lAC award as a precedent Page 2
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    • Article
      New GE Plastics plant
      35 1 US-BASED GE Plastics will invest US$5O million (SsBo million) in an engineering plastics plant in Singapore the first move in an investment programme announced more than two years ago Page 2
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    • Article
      Fall in investments
      31 1 THE Indonesian government's two-year-old tight money policy and the country's limited infrastructure drastically reduced foreign and domestic investment in the first 10 months of this year Page 8
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    • Article
      Kaset out of politics
      37 1 AIR CHIEF MARSHAL Kaset Rojananil, the man in charge of Thailand's military when soldiers killed scores of prodemocracy demonstrators in May, said yesterday that he is out of politics for good Page 8
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    • Article
      Poorer outlook
      30 1 THE Organisation for Economic Cooperation and Development (OECD) has revised sharply downwards its 1993 growth forecasts for the industrial world to a modest 2.1 per cent Page 9
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    • Article
      Call to team up
      36 1 THE cruise industry should team up with the region's national tourist offices to promote and develop the Asia-Pa-cific as a cruise destination, a US-based operator said yesterday. Shipping l imes Page 1
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  • MARKET SUMMARY
    • Article
      Dow lower
      37 1 WALL STREET stocks were lower early yesterday as the market absorbed the news of lower-than-expected IBM earnings. The Dow Jones average of 30 industrials fell 12.16 points to 3,183.32 in the first hour of trading.
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    • Article
      Footsie lower
      23 1 LONDON share prices were lower at midday yesterday. At 1130 GMT, the FT-SE 100share index was down 27.3 points at 2,547.4.
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    • Article
      Eyeing Sesdaq
      23 1 SINGAPORE printed-circuit board manufacturer Next Electronic Technology plans to get a listing on Sesdaq within the next 24 months Page 3
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    • Article
      Closer to listing
      27 1 SEMBAWANG Engineering Pte Ltd has boosted its chances of going public by acquiring associate company Sembawang Indonesia Pte Ltd for $3.9 million Page 3
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    • Article
      MAS to boost facilities
      42 1 MALAYSIA Airlines is spending about MS3SO million until 1995 to provide new aircraft maintenance and repair facilities at the Kuala Lumpur International Airport in Subang before the new international airport in Sepang is opened in 1997 Page 3
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    • Article
      US$30b to defend franc
      27 1 FRANCE and Germany have spent more than US$3O billion to defend the franc, said French central bank governor Jacques de Larosiere. Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 638.98 -0.03 Kuala Lumpur ....607.38 +0.82 Tokyo 17.628.49 +284.46 Hongkong 5,913.64 +106.87 Sydney 1,439.0 -14.8 Wednesday Change New York 3195.48 -5.94 London 2574.7 -10.0
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.6060 100 Yen S$ 1.3306 MS S$ 0.6416 Money market rates Overnight 1 -5/16 3-month 17/16% +1/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix US$341.75 -USS1.55 Rubber S'pore Nov 144.25Vkg -1.25 M'sia Nov 224.00*/kg -0.50 KL Tin T umover 36tonnes +15 Spot M$14.80/kg +0.06 Crude palm oil Turnover 330 lots -607 Nov M$875 /tonne -3
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  • Article, Illustration
    Court orders Rajan Pillai to open Britannia's books
    637 1  -  Independent auditor appointed to review company's accounts By S N Vasuki, Salil Tripathi SINGAPORE The legal tussle between biscuit king Rajan Pillai and former Nabisco chief Ross Johnson has taken a dramatic turn with the commencement of an independent audit of Britannia
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  • Article
    Inno-Pac is selling stake in KFC Management to cut debt
    407 1  -  Rejection of plan will risk liquidation, loan stockholders told Jfy Quak Hiang Whai SINGAPORE Beleaguered Inno-Pacific Holdings is negotiating the sale of its prized stake in Kentucky Fried Chicken Management Pte Ltd as part of a debt reduction plan. It
    407 words
  • Article
    Chinese reforms put 30 million jobs on the line
    422 1  -  From Catherine Ong in BEIJING UP TO 30 million workers in China could be made redundant as a result of the country's economic reform programme, according to the All-China Federation of Trade Unions (Acftu). Officials of the federation the world's largest
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  • Article
    Apec grouping is lopsided, says Mahathir
    458 1  -  Interview with Malaysian Premier From Florence Chong in SYDNEY THE MEMBERSHIP of the Asia-Pacific Economic Cooperation grouping (Apec) is lopsided, says Malaysian Prime Minister Mahathir Mohamad. In an exclusive interview with Asia Today. Australia's regional business magazine, the Malaysian leader said his main concern
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      279 1 Jepuv> 1921 a v est- SleigerS v Petite Finesse #02 38 Centrepomt (Tel: *****68) <01-10 Liang Court (Tel: *****52) Galenes Lafayette Singapore and selected retail outlets Aircraft Schedule 29 Jkt/Bkk/Chma Stocks 23 TV KaAo 16 Commodities 28 KLS£ 21 Unit Trusts 20 Company News 3-5 Money Changer Rates 29 Weather
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      Page 1 Advertisements Column 2
      12 1 Hock Lock Siew: Fels must clear air over AP Moller, Pg 3
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      Page 1 Advertisements Column 3
      74 1 Msso million goes up in smoke I ■Pf 4 y y, See Pg 2 BJM.LY lM i|,| in SHOES FASHION ACCESSORIES BALLY BOUTIQUE in SINGAPORE: #0118 Raffles Hotel/Shaw Centre/Raffles City/Royal Holiday Inn Crawne Plaza Authorised dealer* DFS, Tangiin Rood/Meridien Hotel Isetan, Havelock Road/Parkway Parode/Wtsma Atrta Doimoru. Liang Court MALAYSIA BALLY
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      82 1 v Y -V" \ORT GERMANY ya jVy j Sole Agent WONG BROTHERS SHOE TEL- 2833 543 g Competing in the super league IN AN ADDRESS to the NTUC Ordinary Delegates Conference yesterday, Prime I emphasised again the imporI tance of teamwork in staying competitive in the world economy. This formula,
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Teamwork will help us compete in super league: PM
      536 2  -  By Chuang Peck Ming SINGAPORE Singaporeans must stay competitive and work as a team if the country is to compete in the super league. Prime Minister Goh Chok Tong said yesterday. This formula had served the nation well and would continue
      Source: PMO  -  536 words
    • Article
      Integral's disk drive output to soar next year
      177 2 SINGAPORE Disk drive maker Integral Peripherals will step up production in the second quarter of next year when it moves to a new plant at MacPherson. Steven Volk, president and chief executive officer of the California-based company, said yesterday he was confident
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    • Article
      Don't take award as precedent: SNEF
      400 2  -  Ruling on SIA wage dispute By Anna Teo SINGAPORE Describing as "troubling" some aspects of the Industrial Arbitration Court's (lAC) ruling on the Singapore Airlines wage dispute, the Singapore National Employers' Federation (SNEF) yesterday urged companies and unions not to view the lAC award
      400 words
    • Article
      GE Plastics to invest US$50m in S'pore plant
      255 2 SINGAPORE US-based GE Plastics will invest US$5O million (SsBo million) in an engineering plastics plant in Singapore as a first move in a larger investment programme announced more than two years ago. The president of GE Plastics Pacific, Herbert Rammrath, said yesterday
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    • Article
      Full repairs to Senoko switch house by early '93
      260 2 SINGAPORE Senoko power station's switch house, damaged in a fire which blacked out about a third of Singapore on Sep 29, will not be fully repaired until early 1993. But six of the seven generators that were brought to a halt
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    • Article
      Corrections & clarifications
      75 2 Corrections clarifications IN BT's Oct 10 report "Singapore offers to help develop two China cities", we reported Deputy Prime Minister Ong Teng Cheong as having made the offer. What was left out inadvertently was the pertinent fact that Mr Ong was responding to a suggestion from Chinese officials and reporters.
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    • Article, Illustration
      Subang airport hit by fire, control tower heavily damaged
      508 2  -  By Ramesh Divyanathan SINGAPORE Fire broke out at Kuala Lumpur International Airport's control tower early yesterday morning, disrupting all international flights and causing about Msso million (Ss32 million) in damage. A Malaysian official suggested arson was a possible cause of the
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    • Article, Illustration
      Heading for a different world
      78 2 SINGAPORE Finance Minister Richard Hu preparing for a trip into the threedimensional world of graphics at Singapore Informatics a trade show which he opened yesteruay. In his opening address, Dr Hu stressed the need for small and big companies to exploit technology to the fullest.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      380 2 You are invited to the "Show of Shows" I SINGAPORE INFORMATICS '92 is among the most important IT exhibitions in the Asia/Pacific region. On show are the latest Information Technology products and services. Make a date with the "Show of Shows"! October 15-18,1992, World Trade Centre, Singapore. Don't miss it.
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  • COMPANY NEWS 1
    • Article
      Kanzen to beef up five core businesses
      615 3  -  Metal, mattress group plans to achieve M$ 100 m profit by 1998 From William Chia in KUALA LUMPUR FAST-GROWING metal-cum-mattress company Kanzen Bhd looks set for the big league with plans to beef up the group's five core areas to achieve a near
      615 words
    • Article, Illustration
      Lock icon MAS to upgrade maintenance facilities
      366 3 Bernama KUALA LUMPUR Malaysia Airlines is spending about Ms3so million (about ***** million) until 1995 to provide new aircraft maintenance and repair facilities at the Kuala Lumpur International Airport in Subang near here before the new international airport in Sepang is opened in 1997. MAS
      Bernama  -  366 words
    • Article
      Lock icon Boustead unit in Indon oil palm deal
      357 3 Breakthrough for Malaysian efforts to export expertise Bernama KUALA LUMPUR Boustead Estates Agency Sdn Bhd, a subsidiary of Boustead Holdings Bhd, yesterday entered into an agreement with Indonesian tycoon Anwar Syukur to form joint-venture company BousteadAnwarsyukur Estates Agency Sdn Bhd (BEASB). BEASB would
      Bernama  -  357 words
    • Article
      Fels needs to clear the air about fall-out with A P Moller
      609 3  -  THE HOCK LOCK SIEW COLUMN By Rahita Elias SINGAPORE The love affair between A P Moller and Far East Levingston Shipbuilding seems to be nearing its end. And as all affairs go, outsiders are not quite sure what
      609 words
    • Article
      Sembawang Engrg acquires Java unit
      271 3  -  By Dexter Lee SINGAPORE Sembawang Engineering Pte Ltd has boosted its chances of going public by acquiring associate company Sembawang Indonesia Pte Ltd for $3.9 million. Sembawang Indonesia is a holding company which owns 45 per cent of PT Gema Semßrown. The offshore jackets, decks
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    • COMPANY BRIEFS
      • Article
        Heshe to sell Benetton label in Indonesia
        53 3 i. SINGAPORE Textile and garment maker Heshe Holdings" has obtained the exclusive rights to make, market, distribute and sell apparel in Indonesia under the label "Benetton" and "United Colours of Benetton". Heshe will in turn pay a percentage of sales to Benetton International
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      • Article
        OUT's foreign shareholding
        68 3 SINGAPORE Overseas Union Trust Ltd said yesterday its foreign shareholding was at 6.47 per cent on Sep 30. The, company also said that at Oct 13, shareholders had subscribed for 9.24 million rights shares or 98.58 per cent of the total. offered under the recent rights issue.
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      • Article
        Stamford Tyres' new controller
        58 3 SINGAPORE Sesdaq-listed Stamford Tyres has appointed Annie Lee Nee Sung as financial controller, effective Oct 5. Ms Lee has no share in the company and is not related to any existing director or substantial shareholder of the group. Also, finance and administration manager Evelyn Ooi will
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      • Article
        Summa to go scripless
        47 3 SINGAPORE Trading in shares of Summa Investments Ltd will go scripless on Nov 27. Shareholders are advised to deposit their shares with The Central Depository between Nov 2 and Nov 26. The special trading period will be between Nov 16 and Nov 26.
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      • Article
        Sri Hartamas to build condos
        68 3 KUALA LUMPUR Sri Hartamas Corp Bhd plans to build condominiums on an eight-hectare piece of land it owns near here. The project will be developed with a Hongkong company. Acting chairman Chong Wai Hiong said yesterday negotiations were on with certain Hongkong parties, including the
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      • Article
        FA Peninsular to diversify
        67 3 KUALA LUMPUR FA Peninsular Bhd plans to diversify into new areas that will help to wipe out the group's losses in the near future, according to executive director Mohamad Ariff Taib. Speaking to reporters after the company's annual general meeting here yesterday, the director said F
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      • Article
        Industrial gases to go higher
        78 3 KUALA LUMPUR Given the anticipated buoyant economic growth, the long-term prospers for the industrial gases industry look promising. Stockbroking firm BBMB Securities Sdn Bhd estimated that sales value of domestic industrial gases will grow at a rate of 10 per cent in 1992, 15 per
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    • COMPANY BRIEFS
      • Article
        Pertamina extends Caltex oil contract by 20 years
        62 4 JAKARTA Indonesia's state oil company Pertamina signed an oil contract extension with its biggest producer Caltex Pacific Indonesia for another 20 years from 2001, Pertamina's spokesman said. Indonesian Mines and Energy Minister Ginanjar Kartasasmita said the production split with Caltex was 90-10
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      • Article
        Benguet to stop work at mines
        55 4 NEW YORK Benguet Corp, a Philippine gold producer, said it was suspending underground ore production in the Acupan Mines. The company blamed a prolonged decline in global gold prices and said operations at the mines would be stopped in November as a "corrective measure
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      • Article
        Pressure on Westinghouse
        92 4 MANILA Manila is preparing to pursue a bribery case against Westinghouse Electric Corp if it fails to reach a compromise over a mothballed nuclear power plant, Finance Secretary Ramon del Rosario said. There are indications that the offers being made by Westinghouse would not justify a settlement,
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      • Article
        Qintex shareholders lose all
        83 4 BRISBANE About 4,000 shareholders of Christopher Skase's failed Qintex group will get no return on their investments, the company's receivers said yesterday. The receivers have also warned that unsecured creditors are likely to be paid less than one cent in the dollar. In their first report
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      • Article
        Renison's main moneyspinner
        57 4 SYDNEY Renison Goldfields Consolidated Ltd said the Porgera gold mine in Papua New Guinea would be the main contributor to group profits for the immediate future. In the 1992 annual report, chairman Max Roberts said that the timing of a return to acceptable profits depended mainly on
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      • Article
        Four credit unions to merge
        90 4 TOKYO Osaka Kogin, the largest credit union in Japan, will absorb three other credit unions, Kobe Shogyo Shinyo Kumiai, Nara Shogin Shinyo Kumiai and Shinyo Kumiai Shiga Shogin, the Nihon Keizai newspaper said. The merger will take place on July 1, the paper said. After
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    • Article
      Lock icon Investors will want more say in companies: study
      421 4 Need for funds will force Europe, Japan firms to submit to changes IHT NEW YORK The worldwide search for more capital will force European and Japanese companies to submit to closer scrutiny by international investors, just as American companies have done, according
      IHT  -  421 words
    • Article
      Lock icon Seagate reports record profit, Maxtor's earnings down 35pc
      206 4 Bloomberg SCOTTS VALLEY, California Seagate Technology Inc reported record profits in its fiscal 1993 first quarter, but rival disk drive maker Maxtor Corp saw a 35 per cent decline in its secondquarter profits. For the three months ended Oct 2, Seagate reported
      Bloomberg  -  206 words
    • Article
      Lock icon Troubled US bicycle maker Schwinn gets HK merger offer
      246 4 Reuter HONGKONG Hong Kong (Link) Bicycles Ltd said it is urging troubled US bicycle maker Schwinn Bicycle Corp to merge with its US subsidiary in a deal that would consolidate two of the biggest names in US cycling. HK (Link) markets
      Reuter  -  246 words
    • Article
      Lock icon Battle to save Arnotts begins
      445 4 Family member says Campbell bid is against Aussie interest AFP SYDNEY A teacher whose great-grandfather founded Australia's biggest biscuit maker, Arnotts Ltd, has begun a fight to prevent its takeover by a US multinational intent on turning it into "a springboard to Asia". Alice Oppen,
      AFP  -  445 words
    • Article
      Lock icon Coca-Cola profits rise 18.5pc despite weak global economy
      362 5 Reuter ATLANTA Coca-Cola Co's third-quarter profits climbed 18.5 per cent in the latest quarter in spite of weak economies in many of its major international markets, the company said on Wednesday. The world's biggest soft drink company, which earns 80 per cent
      Reuter  -  362 words
    • Article
      Lock icon Digital incurs fourth straight quarterly loss
      313 5 Bloomberg MAYNARD, Massachusetts Digital Equipment Corp, citing weak economies worldwide, posted its fourth straight quarterly loss on Wednesday and said it cut 5,300 jobs in the first quarter. Digital, the second-largest US computer company, posted a first-quarter loss of U*****.5 million (about Ss4l6 million),
      Bloomberg  -  313 words
    • COMPANY BRIEFS
      • Article
        Bid for creditor status by Maxwell pensioners
        59 5 LONDON Pensioners of Maxwell Communication Corp pic have begun a legal bid to be treated as creditors of the insolvent media group. If they are successful, they stand to get a share of bankruptcy disposals, alongside banks that lent US$3 billion (about Ss4.B
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      • Article
        Pepsi-vodka mix shaken
        85 5 NEW YORK Pepsico Inc's exclusive right to import Stolichnaya vodka into the US was challenged on Wednesday in a lawsuit. The suit seeks more than US$25 million (about Ss4o million) and a judgment declaring that Pepsico no longer has the right to import and use the Stolichnaya
        85 words
      • Article
        Move to foil Chapter 11 case
        88 5 NEW YORK Prudential Insurance Co of America, an unsecured creditor of Olympia York Developments Ltd, is trying to have O& Ys Chapter 11 case thrown out of US bankruptcy court. In a motion filed on Oct 6, Prudential protested the time, expense and confusion
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      • Article
        Reshuffle at UK hotel giant
        59 5 LONDON Lord Forte, 83, was to have stepped down yesterday as chairman of Britain's Lrgest hotel and catering group, Forte pic. Rocco Forte, 47, currently chief executive, will take over the position held by his father, and Lord Forte will replace Lord Thomeycroft as president,
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      125 3 I IN THE MARKET PAGES^ 7 Blue chips fail to dazzle 18 •NZ bourse falls to near lows 25 m"m THE BEST OF PATEK PHILIPPE Since the establishment ability. Water-resistant to 60m. Hi of Sincere Watch in 1954, we K < In gold and gold/steel. Truly, have worked hard to
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      123 4 ELVIS PLACE (DUXTON HILL) TAPS (BOAT QUAY) GENESIS (PARAMOUNT SHOPPING CEN H| < i: |||l gxx&z Purchase K E QUART BOTTLE OF II h! THE WORLD'S MOST POPULAR SINGLE MALT WHISKY 'r AND YOU TOO COULD END UP{gsm} OR > <0> A QUART BOTTLE RICHER IN THE Glenfiddich monthly draw.
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      344 4 BUSINESS TIMES Totl free Tel No 737 0043 Fax No: 734 3606 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant to Section 290(2) (b) AND IN THE MATTER OF GOLDEN ART TOY MANUFACTURER PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamcd Company
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      238 4 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I.KehJceWah of BUc 129 Lorong Ah Soo, 103-326, Singapore 1953 have applied for a Beer House First Class licence in respect of premises at M/s Rama Thai Food at 208 Jalan Besar, Singapore 0820, and fat this application will A be heard
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      351 4 I v THE COMPANIES ACT, CHAPTER ft s Section 2M(2)pl NOTICE OF RESOLUTION SAWATO JEWELRY (8) PTE LTD (In Members' Voluntary I Imil m\ LM|UIO«Ilori; At an Extraordirwy Ganaral Masting of Sawalo Jewelry (S) Pta Ltd held at 6 Batten Road. #32-00, Singapore 0104 on tha 12th day ofQciobar 1902,
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      293 5 'V. J J The Tourbillon Watch in 18 Karat Gold This is the unique Tourbillon watch certified by the Swiss Official Chronometer Testing Authority (C.0.5.C.l The production of this chronometer is an unprecedented technical feat for a wristwatch of this kind.. It is confirmation of our devotion to the beauty
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Paris, Bonn have spent US$30b to defend franc
      422 6 Almost half of money used for intervention has flowed back Reuter PARIS French central bank governor Jacques de Larosiere, throwing light on the scale of last month's European currency crisis, says that France and Germany have spent more than US$3O billion (Ss4B
      Reuter  -  422 words
    • Article
      Asean insurance regulators to step up vigilance
      297 6  -  By Soh Tiang Keng SINGAPORE Asean insurance commissioners, who ended a three-day meeting here yesterday, will step up their vigilance in view of the unstable and competitive conditions in international insurance markets. The overall theme of the insurance regulators' 18th annual get-together was
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    • Article
      Lock icon Tax changes urged to turn Bangkok into financial centre
      283 6 Reuter BANGKOK Setting up an offshore banking facility for Thailand is a first step towards turning Bangkok into a regional financial centre but it must be followed by tax changes, the country's largest commercial bank says. "The second step is to
      Reuter  -  283 words
    • Article
      Lock icon Germany's third largest bank to buy stake in tour firm
      356 6 Reuter FRANKFURT Westdeutsche Landesbank Girozentrale (WestLß), Germany's third biggest bank, took a further step down the road to diversification on Wednesday when it announced plans to buy a stake in the country's largest tour company. But the latest move into
      Reuter  -  356 words
    • Article
      Lock icon French govt acts to ban Barclays product
      228 6 IHT PARIS A bold effort by Barclays Bank to challenge the French banking industry's policy against interestbearing checking accounts was dealt a setback on Wednesday when the Finance Minister ordered a modification of banking regulations that would ban the British bank's product. But
      IHT  -  228 words
    • SMALL CHANGE
      • Article
        Japanese bad loans seen to be rising sharply
        66 6 TOKYO Non-performing loans by Japanese financial institutions appear to be rising considerably since the end of March this year, Finance Minister Tsutomu Hata said yesterday. The adjustment phase for defusing these bad loans was expected to be prolonged and required serious work,
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      • Article
        Citicorp raising US$1b capital
        108 6 NEW YORK Citicorp is raising just over USSI billion (SSI.6 billion) of equity capital, far more than anticipated, by increasing a preferred stock issue to 68 million shares from 42 million, say Wall Street sources. The sale, originally planned as a US$65O million transaction, is part
        108 words
      • Article
        No inquiry into Bank of NZ
        78 6 WELLINGTON The New Zealand Securities Commission has decided against a full public inquiry into the Bank of New Zealand. But the commission said yesterday that it would continue its review work. "In particular we will examine the 'captive insurance' arrangements entered into by the
        78 words
      • Article
        S Korean bad loans up 19.7pc
        87 6 SEOUL Bad loans held by South Korean commercial banks as of the end of June totalled 2.50 trillion won, up 19.7 per cent from 2.09 trillion won at the end of last year, the Office of Bank Supervision (OBS) said yesterday. In a report
        87 words
      • Article
        Nippon Life to restructure
        78 6 TOKYO Nippon Life Insurance Co is to work out a restructuring plan aimed at streamlining operations at headquarters, curbing the expansion of its office network and cutting computer-related spending. A spokesman said on Wednesday that the steps, set to start from the next financial year starting
        78 words
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      1362 6 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3608 M THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF RE DIFFUSION TOURS (8) PTE LTD (In Mtmbere' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN ttut pursuant to Section 306 of the Companies
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      278 7 r Prime space now available at 27% off. ourselves so 2nd Prize Two Qantas Especially 27% to any one International flights on B our Australian destinations. Plus and Business Class, until December nights in Deluxe Accommodation you can your budget as well as your legs to these 3rd Prize Two
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  • THE REGION
    • NOTE BOOK
      • Article
        Indonesia tightens citizenship law
        76 8 JAKARTA Indonesia has tightened its citizenship law to check the acceptance of unqualified applicants. Supreme Court judge Kohar Hari Sumamo said foreigners seeking Indonesian citizenship should have extensive knowledge of Indonesian history and the state ideology, Pancasila, as well as a good command of Bahasa Indonesia.
        76 words
      • Article, Illustration
        Hanoi gets Thai assurance
        112 8 BANGKOK The newly-appointed Thai foreign minister, Prasong Soonsiri, yesterday tried to reassure his old Vietnamese foes that he will push for closer Bangkok-Hanoi relations. After a one-hour meeting with his Hanoi counterpart Nguyen Manh Cam, Mr Prasong told reporters that he had assured the Vietnamese foreign
        112 words
      • Article
        Khmer Rouge blows up bridges
        68 8 PHNOM PENH The radical Khmer Rouge has blown up two bridges in central Cambodia, cutting off all road traffic to the north, the UN peacekeeping force commander said yesterday. The attack occurred overnight on Tuesday coinciding exactly with the passage of the UN Security Council
        68 words
      • Article
        Italian MPs appeal to Manila
        94 8 MANILA Some 129 members of Italy's Parliament have urged the Philippine Senate to reject President Fidel Ramos' call to restore the death penalty to curb a wave of serious crimes. In a letter yesterday to Senate President Neptali Gonzales, the Italian MPs said that "there
        94 words
    • Article
      Lock icon Total investment in Indonesia plunges
      310 8 Tight money policy, infrastructure woes seen as causes AFP JAKARTA The government's two-year-old tight money policy and the country's limited infrastructure have drastically reduced foreign and domestic investment in Indonesia in the first 10 months of this year, it was reported yesterday. Foreign investment in
      AFP  -  310 words
    • Article
      Lock icon Manila must redefine security ties with Washington: US envoy
      332 8 AP, Reuter MANILA The Philippines will have to redefine what kind of security relationship it wants with the US, following the withdrawal of American forces, the US ambassador said here yesterday. In a speech to local businessmen, ambassador Richard Solomon also
      AP,; Reuter  -  332 words
    • Article, Illustration
      Lock icon Kaset says he's out of politics for good
      222 8 AFP, Reuter BANGKOK The man in charge of Thailand's military when soldiers killed scores of pro-democracy demonstrators in May said yesterday that he was out of politics for good. -It's enough," former supreme military commander and air force head Air Chief Marshal
      AFP,; Reuter  -  222 words
    • Article
      Lock icon NZ's booming fish exports set to rival meat, dairy products
      316 8 Reuter WELLINGTON New Zealand's booming fishing industry is poised to multiply its exports to Europe fivefold by the year 2000, taking seafood into New Zealand's export big league alongside dairy products and meat, industry leaders said yesterday. "You could well
      Reuter  -  316 words
    • Article
      Lock icon Vietnam posts US$15m foreign trade surplus
      217 8 AP BANGKOK Vietnam achieved a US$l5 million (5525.7 million) foreign trade surplus during the first nine months of this year, the official media reported yesterday. From January to September, the country earned US$l.67 billion from exports, up 17.5 per cent from the same period
      AP  -  217 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      391 8 r~ [§j opt, box "'"'IEXAIBWE* t ii i m ii HiflH ipaelfleaUe* Faataras: N-566MS N-SS6ET Accommodates one EXB-8200 of EXB-8600 and Oriw Model SONY SMO-E5Ol MAX OPT IX up to ten Bmm data cartridges ..*y SONYSMMStI TAHITiar Roiewltimr<2s aeon* ma* No.olDrwei:2 2 "fr*"*!"— Capacity 56Dsks/Uf*t 56OtsksAJnit Powersmply Max. 36T33 MAX
      391 words
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  • THE WORLD 1
    • Article
      Lock icon Poorer outlook for OECD economies, jobs in Europe
      437 9 Economic growth projection cut to 2. lpc AFP PARIS The Organisation for Economic Cooperation and Development (OECD) has revised sharply downwards its 1993 growth forecasts for the industrial world, mainly because the top three economies will be expanding at a much slower
      AFP  -  437 words
    • Article
      Lock icon Another Indian minister said to be involved in shares scam
      263 9 AFP NEW DELHI Several members of a parliamentary panel investigating India's US$l.3 billion (552.09 billion) bank and stock market scam have alleged that a senior Cabinet minister is directly involved in the scandal, the Press Trust of India (PTI) said.
      AFP  -  263 words
    • Article, Illustration
      Lock icon Kohl vows to crack down on racist violence
      202 9 AFP BONN German Chancellor Helmut Kohl has pledged a crackdown on people carrying out xenophobic attacks during a meeting with the newly-elected head of the German Council of Jews. Mr Kohl told Ignatz Bubis on Wednesday that such attacks would be fought
      AFP  -  202 words
    • Article
      Lock icon New row erupts over govt probe into Clinton files
      323 11 mmipm Reuter WASHINGTON A new political firestorm erupted on Wednesday on the eve of the second US presidential debate with the disclosure that a senior State Department official had ordered a search of US embassy files on Democrat Bill Clinton's student
      Reuter  -  323 words
    • Article
      Lock icon Ex-hostages sue Iran for US$600m over abduction
      257 11 AP NORRISTOWN, Pennsylvania Former hostages Joseph Cicippio and David Jacobsen have sued Iran for US$6OO million (Ss96o million), saying it orchestrated their abductions in an effort to recover millions of dollars frozen in the US. Their lawyer said Iran was guilty of "commercial
      AP  -  257 words
    • Article
      Lock icon Clinton sued for stress
      95 11 Reuter LOS ANGELES A California Republican voter is sick of Democrat Bill Clinton so much, in fact, that she is suing him for emotional problems she says his presidential candidacy has caused. In a lawsuit filed on Tuesday in the Los Angeles suburb of Rancho Cucamonga,
      Reuter  -  95 words
    • WORLD WATCH
      • Article
        Bad diagnosis for US health care
        68 11 WASHINGTON More than 39 million Americans will be without health coverage by the end of the decade and medical bills will consume almost 20 per cent of the country's economy, congressional analysts say. Although all major presidential candidates had proposals to solve the health
        68 words
      • Article
        Seattle voted best for business
        65 11 NEW YORK Seattle, the home of America's biggest exporter, richest entrepreneur and one of the largest US ports is the best city for business in the country, Fortune magazine said in a survey released on Wednesday. The rest of the top 10, in order, are:
        65 words
      • Article
        $289m profits for Expo 92
        40 11 SEVILLE, Spain Spain's Expo 92, which closed on Monday, made a provisional operating profit of 18.89 billion pesetas (*****.6 million), the organisers said on Wednesday. According to figures, the six-month exhibition drew 42 million visitors.
        40 words
      • Article
        Teacher sues Japanese school
        68 11 PURCHASE, New York A Japanese school here has been sued for allegedly discriminating against an American-born teacher. "There were always comments about my not being Japanese," said Peter McNamara, 23, who filed the US$l million (551.61 million) suit against the Keio Academy. He said he was
        68 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      216 9 aaiM M Hh^^v Ermenegildo Zegna's Performance With trousers |MP' i MS easy Ermenegildo Zegna's Tfc -~M X^^H Performance, the coolest |fl^Hpi cvcn the hottest A k <C WUBBI 'V' I nil Xr-U iiH 1 9t I Wisma Atria, #02-21 to 23. Singapore 0923. MWTfTF vj#?:-' Tel: 732 8959 < I
      216 words
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  • Page 10 Advertisements
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      121 10 W =J Pri me Space next door is now available at 50% less. H ft M n s v u 1 'ur'iu 1 'up 1 e e 50% off for your travelling companion to Bangkok and Hong Kong. As a privileged Qantas traveller in first or business class, travel for
      121 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      390 11 Invest in Australia's strongest commercial property market. 64 Northbourne Avenue rWi dill $A20.5m Expressions of interest close on Tuesday 24th of November 1992. Prominent CBD corner location. Reversionary income. Fully leased. Vendor finance available. Depreciation allowance available. JIMMY LEE JIM WILLIAMS 223 2323 220 3888 Jonas Lang Wbotton 10 Anson
      390 words
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  • Article
    Patrons of the arts
    478 12 EDITORIAL THE National Arts Council's plan to persuade big corporations to support the arts will provide the kind of fillip the Singapore arts scene needs. Activity in the arts has been growing but the pace could be quicker. Part of the problem has been the shortage
    478 words
  • WHAT THE OTHERS SAY
    • Article
      Bush still in the woods
      231 12 HOW HAS a sitting president of the United States managed to fritter away the goodwill earned on the conduct of a war to turn back a land-grabber and the ending of the communist menace in the Western world? At the time of these high points
      231 words
    • Article
      A mature Mendaki
      142 12 MENDAKI's 10th anniversary reflects a new dimension of maturity for this community self-help organisation. Basically, Mendaki means education, although it has entered the realms of economic upliftment and socio-cultural projects. At the same time, Mendaki has to be veiy prudent in using the hard-earned public funds in
      142 words
    • Article
      Changing of the guard
      133 12 AS Chinese President Yang Shangkun has pointed out, the 14th Party Congress will see younger cadres taking over from the old guard. And Jiang Zeming has announced in the political report that with effect from this congress, China will no longer have a Central Advisory Commission.
      133 words
  • REGIONAL VIEWPOINTS
    • Article
      Fast boat to China
      135 12 QUITE A NUMBER of Indonesian businessmen, .mainly those of Chinese origin, must have sighed with relief upon learning that President Suharto is not against investment in China, but in fact encourages it. As reported by the press, Soekamdani Sahid Okocardjono, deputy chairman of the Supreme Advisory
      135 words
    • Article
      Speak up, Bangkok
      206 12 JfcANGOON will certainly benefit from a friendlier *6tUde towards Thailand if it genuinely wants to tetum to the fold of the world community and join ijie-march of civilisation towards peace, democracy prosperity. Once a democratically elected civiliam government is in power in Rangoon, the rebelBon of the
      206 words
    • Article
      Form audit committees
      131 12 THE Kuala Lumpur Stock Exchange may have come a long way but the road ahead is longer still, so it cannot afford to sit back and relax. The investing public's requirements are becoming more sophisticated. The long-awaited implementation of the KLSE's central depository system will undoubtedly help
      131 words
  • Article, Illustration
    It's no-holds-barred season in Hongkong
    860 12  -  Beijing is riled by Governor Chris Patten's plans for constitutional change in Hongkong. Stephen Vines reports from the colony Stephen Vines The writer contributed this article specially to BT CHINA has taken off the gloves in its battle with Hongkong Governor Chris Patten over his
    860 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      146 12 CORPORATE TASTE *»M* i, i,^»B Lumpur a p; centre for Our 300-room boasts the at Goya's, Malaysia's only an ■^HpH menu of business and leisure facilities IPP^ r m^^mr seasoned travellers relish. We've Hl^ KT' ■fx spiced our Spanish heritage with Asia's 9^, -V create new flavours a for hospitality
      146 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      33 12 POONESBURY GARRY TRUDEAU SO.Rfif.HAV£ XXJO&N jjl] (HITLAST lit AS CONSCIENTIOUS ABOUT WL UJ££KI lpwr PULUN&wKSPeenne wrm stdppepan wmL* potential! swaa* BAUESASB.D* I THEY GOTTA BB TKXETEP! J /arm**. ABSCUJTEIY MYSEIF. J \l MAGNWCENT
      33 words
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  • ANALYSIS
    • Article, Illustration
      Threats to the global village
      2220 13  -  In an exclusive interview for Asia Today, BT's Sydney Correspondent Florence Chong obtains outspoken Dr Mahathir's views on a range of issues including trading blocs, the dominance of powerful nations and the Malaysian economy Florence Chong THE TREND towards regionalism worries Malaysian Prime Minister Mahathir
      2,220 words
  • Page 13 Advertisements
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      60 13 GIVING YOU THE WINNING EDGE sgb Malaysia: making tourism pay Rich Singaporeans Strong Sings: concern and controversy What's happened to Hongkong's brain drain? Tycoon Vincent Tan's juggling act New life for furniture manufacturers Product development grants for SMEs Beating the software pirates Making art pay Investment spotlight on Jurong Engineering
      60 words
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      Page 13 Advertisements Column 2
      298 13 I.The Government of Maldives has received a credit from IDA in US currency towards the cost of Third Fisheries Project and it is intended that part of the proceeds of this loan will be applied to eligible payments under the Contract for construction of port facilities dredging and housing here
      298 words
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      Page 13 Advertisements Column 3
      1 13 V
      1 words
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  • FOCUS
    • Article, Illustration
      Lock icon The future belongs to Asia
      1599 14  -  A leadership challenge must be met to ensure greater prosperity, says Kenneth S Courtis Kenneth S Courtis The writer, strategist and senior economist with the Deutsche Bank group in Asia, lectures at Keio and Tokyo universities IHT THE international economy presents an extraordinary paradox. While
      IHT  -  1,599 words
  • Page 14 Advertisements
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      169 14 Vacheron Constantin invites you to 'The Changing Faces of Time Exhibition' 16-18 Oct, Dynasty Hotel, llam-7pm daily. P' {I' J^r-' E 3 s'm ini w ■If U; I VmS i -VVKj k v [I V'f^^ w Watch —ow o/ timepieces from 0 The Changing Faces of Time Exhibition. The world's
      169 words
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  • SPORTS
    • Article, Illustration
      Lock icon Coody hoping to repeat Trans America triumph
      326 15 AP NAPA, California If Charles Coody could bottle his golf game, he probably would point to his October '91 vintage as one of his finest. Coody rolled through the Napa Valley last year and harvested a cheque for U5575,000 (S$ 120,000) after a
      AP  -  326 words
    • Article
      Lock icon New course, expanded finals for America's Cup
      295 15 AP SAN DIEGO Organisers of the 1995 America's Cup have agreed to scrap the made-for-TV course used in the 1992 regatta and expand the finals to a best-of-nine series. The defending San Diego Yacht Club (SDYC) and the Challenger of Record, Yacht Club
      AP  -  295 words
    • Article
      Lock icon Spassky battles Fischer to draw in marathon 19th game
      472 15 AP BELGRADE Boris Spassky stubbornly fought off Bobby Fischer for nearly nine hours on Wednesday to force a draw in a marathon game that Fischer himself said he should have won. The draw maintained Fischer's 7-3 lead in the US$5 million
      AP  -  472 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1776 15 WSm\ CREDIT LYONNAIS SSltoSfoaL"^. 1 5 ***** Paris Consolidated Income Statement List of Consolidated Subsidiaries Singapore Office: 65 Chulia Street #37-01, OCBC Centre. for the year ended 31 December cowanb m nuwct Singapore 0104. Tel: *****77, Abacus Finance (Omnium Rhodanien de Participation*) AM us Finance (Group) Banque Cable: CREDIONAIS. Ended
      1,776 words
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      Page 15 Advertisements Column 2
      188 15 IEIISNCE TEDHNOIISY Keeps This Bnu Defy Griviiy. No. we're not kidding! To design Precept, Bridgestone pulled no punches New Aero Dynamic (NAD) design technology, usually used to develop ballistic missiles, was employed 4 The result is a ball that actually generates greater life in flight, reducing drag and the effects
      188 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      910 16 pas£fi Nothing Beats A Bud. Bliffinif where to wine, dine or "Time /U Penang High Tea Gome and sample our revamped menu at Princess Terrace. It's extra delicious! Available every Saturday, Sunday and Public Holidays At only $11.80++ per adult and $6.80+ per child, The combined experience of inclusive of
      910 words
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      Page 16 Advertisements Column 2
      344 16 'l^ajSiw r>X ,^pr'^BHSB^BBB|iJMBWB|BB^Bp l^l, 333 Orchard Road. Singaporeo923. T«l *****11 Mon to Sat (I I 30am lo 2.00pm) J* Soup of The Day w Choice of Main Course (Western or Local) (adult) $10.00-(child) Buffet Dinner: Nightly (6.30pm lo 10.00pm) 7 Buffet Lunch: Sun Public Holiday jjuT" g (11.30 am to
      344 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      611 16 TELEVISION AND RADIO ITorrrm phfimplpnn SBCI2 u!ssst.« w business on radio XXXU. Hid 7-25 M b£Smml T«HSr e<l by 10 00 BSC, S».» mHz la VHF Band N -I SX tf Mt- 555 by KM sJSte. 11 7.05*n l.30p«l s.oSpm, 1.05 m: corny The Sword and the 625 11.00 Malaysia
      611 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Redford lands a big one
      941 17  -  Caryn James explains why she is hooked on the actor's latest and most ambitious directing effort, A River Runs Through It Caryn James NYT HERE are two things 1 never thought I'd say: I like a movie about fly fishing, and Robert Redford has directed
      NYT  -  941 words
    • Article, Illustration
      Hail admits living with philanderer is tough
      563 17 CHATTERBOX LIFE with a philandering mate is tough, says Jerry Hall, who recently patched up her rocky marriage to straying spouse Mick J agger. "There's nothing more humiliating than loving him so much that you accept the infidelities," she told McCall's magazine about
      563 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      192 17 AND ENTERTAIN The Ocean's Catch Our Seafood Buffet on Fridays are "fishy" affairs. Drop by for the freshest catch from the ocean Buffet Lunch from 12 pm at $1950++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL SINGAPORE 732-1272 extentioa 1700 U.I want p A SHANGHAI SURPRISE ON OUR
      192 words
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      Page 17 Advertisements Column 2
      171 17 Oyster Mon iftfi (October) Make the world your oyster at Nishiki. V f JP Cook this delicacy the way you like it, deep M o\Yf f fried Tempura or pan fried Teppanyaki or grilled with butter and even raw as Sashimi. And it cost only $7.00++ for half a dozen.
      171 words
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      Page 17 Advertisements Column 3
      36 17 IMi Hr.SwWWieWliye ChrtEngreff SV9 11 FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON f TEAM TRANE. JJ Mr.WMa Lav Equpmer* Systems Engineer jßf the best \au:e. CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828
      36 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Local blue-chip counters fail to dazzle
      3862 18  -  By SN Vasuki LOCAL blue-chip shares came in for some attention from investors yesterday, but buying volumes were not large enough to help the benchmark index register an appreciable increase. At the close, the Straits Times Industrials Index stood 2.89 points higher at 1,337.59.
      3,862 words
    • Article, Illustration
      Lock icon HOT STOCK
      72 18  -  By Paul Leo AMCOL HOLDINGS will trade higher towards $1.90 before a correction brings it back to $1.70. Weekly and daily stochastics are near 100, suggesting an overbought situation. Daily RSI is near 75 which means the counter would have to trade higher before it becomes overbought. Weekly
      SOURCE: BRIDGE INFO  -  72 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      85 18 Since 1735 there has I NEVER BEEN A QUARTZ BLANCPAIN WATCH. iVuH And there never will be I Singapore THE HOUR CLASS Lucky PUfd *****20/1 Scotts Tel *****27/719* Centrepoint Tel 7M:m'6oi Peninsula Plaid Tel *****09/33flVK>3 World Trade Centre Tel *****07 Palais Renaissance *****62A43 Raffles Tel 1)***** Changi Airport Terminal KEast
      85 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3037 19 RISES (S) BAT 21* 61S 20 3.4% S1A 1280 20 16% FAN 970 10 1.0% OCBC Wt 134 10 8.1% Amcol 25* 183 +7 4.0% Haw Par 210 +7 3.4% Cerebos 25« 326 +6 1.9% ICB 530 5 1.0% lnchcape 600 5 +0.8% Roth lnds
    3,037 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      36 19 r r 4 |ppj^j|3y,| r IN DELANEAU AT ROY EASTERN WATCH AND RECEIVE HIGHER INTEREST ROY EASTERN WATCH PTE LTD. #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, DELUXE EASTERN WATCH PTE LTD #01-18/20 CENTREPOINT.
      36 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3520 20 YTL Corpn 50* 203 26 +14.7% iJniphone Tel 286 +18 +6.7% Way TSR97 152 +14 +10.1% M1SC Foreign 480 +10 2.1% Land A General 162 +7 +4.5% Public Bank 50* 97 +7 +7 8% NST 284 +6 +2.2% Innovcst Bhd 25% +5% +27.5% George Kent
    3,520 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      383 20 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 THE COMPANIES ACT. CAP. SO COTTON COLLECTION PTE LTD 0a Voluntary Liquidation) At m Extraordinary General Meeting of the abovenamed Company held oa the 7th day of October, 19*2 the following Special Resolution wis pMwd> WINDING-UP h eras
      383 words
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      Page 20 Advertisements Column 2
      255 20 THE COMPANIES ACT, CAP. SO NBDOYA CREATION ft DESIGN PTE LTD (la Voluntary Liquidation) At aa Extraordinary General Meeting of the aboveaamed Company bod on the 12th day of October, 1992 the following Special Resolution wa< passed: WINDJNGUP h araa resolved.THAT the Company be around up voluatarily pursuant to Section
      255 words
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      Page 20 Advertisements Column 3
      317 20 LOST SHARE CERTIFICATES The toNowing Share Certificate*/ together with the relevant dgned transfer deeds have been reported lost or destroyed:NEPTUNE ORIENT LINES LIMITED Certificate No. In the name of No. of Shares *****51 GohHocKßeng Ixl.ooo TUAN SING HOLDINGS LIMITED *****4/18 Chen Swee Eng 5x1.000 KEPPEL CORPORATION LIMITED *****89 Chan Hong
      317 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Late buying in Telekom props up market index
      5416 21 Bernama SHARE PRICES here closed narrowly mixed yesterday as some investors decided to take profits after two days of gains. However, light late buying support on a major component stock kept the benchmark KLSE Composite Index in the plus zone at the
      Bernama  -  5,416 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      211 22 Company Date Year Croup Not Not earnings Grots ann to proltt/leM (L) por share dhrMood COM) (coots) '3 7 Oarby Oct 13 Jun 92 M$335,500(M$310,300) 22.6(199) 36u(31) Sme Spore Oct 13 Jun 92 $42,327(533.426) 4.7(4.6) 14(14) PCI Oct 12 Jun 92 $9,024(53,245) 61(23) 7(-) Khcng Guan Oct 9
      211 words
    • Article
      OTHER RESULTS DUE
      845 22 Kahii [MM 1m Ceapaay P«M taH T«r EPS Crat fct MMi adtag (et») *r nit mm EMS Fma Nov 6 Jul 91 3.0TE 17.8781 MS Lai Interim Aug 23 Dec 92 7.9 5.0 50,908 Imp Interim Sep 10 Dec 92 5.3 5.0 4,436 Mat to# Interim Sep
      845 words
    • Article
      DIVIDENDS ANNOUNCED
      938 22 Currant Ex Mis tate Trfal Mr Trial Mr H—I data daaa payaMa tha yaar last yaar MOB 50c 351(b) Sep 10 Sep 24 Oct 23 3 5% 35% Badhrd 50c 1% Nov 2 Nov 16 Oec 7 2% BMT S10 100% Nov 12 Nov 24 Nov 26 140
      938 words
    • Article
      PRELIMINARY RESULTS
      227 22 C»«pm> Datt Year Group pre-tax Met earnings Cress am to preftt/less (L) per share dhridand ('••0) (cents) Tongkati Oct 12 Jun 92 M$4.811l(M$2.551l) Ami SM Sep 30 Jun 92 M$134.025(M$143.495) 16.4(13) 12(10) Antaii Sep 30 Jun 92 M$25.132(M$37,468) 6.4(11.9) 6TE(6) Bedford Sep 30 Jun 92 M$40,092t(M$25,500) 3.2t(2.2) 2(~)
      227 words
    • Article
      INTERIM RESULTS
      341 22 Cifin Date Half-year Croup pre-tax lnteria mm to profit/less (L) dMd—d ('000) ir Cheung Kong Oct 13 Jun 92 HKJ2.8%d(HK$2,296d) 40(34) tonovest Oct 13 Jun 92 M$14,4754.(ll$102) Causeway In* Oct 13 Jun 92 $602($784) Dairy Farm Oct 12 Jun 92 US$82.8r(US$78.6r) 29.6(27) George Kent Oct 5 Jul 92
      341 words
    • Article
      COMPANY MEETINGS
      144 22 Singapore Airfnes Ltd: EGM at the Mandarin Ballroom, 6th Floor South Wing, Mandarin Hotel, 333 Orchard Road, Singapore 0923, on Friday, October 16, at 5.00pm Stamford Tyres Corporation Ltd: 3rd AGM at 19 Lok Yang Way, Jurong, Singapore 2262, on Friday, October 16, at 2.30pm CMB Packaging Ltd:
      144 words
    • Article
      SCRIPLESS CONVERSIONS
      338 22 Lonvtmon dpcctaj I rag Cortniaa Period Tnttv Company starts (IDP) (ST) starts Alex HMgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Bonvests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Cereboa Oct 16 Nov 12 Nov 2 Nov 12 Nov 13 Chemical Ind
      338 words
    • Article
      RESULTS FORECAST
      121 22 List hi Tew hracrt Mt M MM IPS "to tor EPS Cress preflt tag* tarn z. Cm** NM Wf to* (ds) (Vto) (SJa) (cts) I." F Nov 8 Aug 92 62.6 25 0 153,810 166.5—177.4 67A-72.8 F Nov 18 Dec 92 1.8 1.5 4,925 4.5—7.5 1.2—2.0 IMS h*
      121 words
    • Article
      CORPORATE DEVELOPMENTS
      201 22 Oct 11 Malaysia Mttinf Corp (MMC) has begun discussions on a joint-venture project with UM Corp and Impsa to produce component parts for hydraulic cranes. Oct 9 Urited Industrial Corp Ltd (UC) has dissolved two dormant subsidiaries in the UK: UIC Properties Ltd, effective Dec 3 last year;
      201 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      835 22 Trans Rogtstorod Substantial Buy/ No. of Amount $haroho*dln$ V -i-i—«fy,. m -m _a ay 4ft |C i vwCx ir'iw HPiocf wWamuow/ wrBCior MR snaros a ®wnw o.C •ITSecurities 13/10/92 Chung Www Bank B 15.000 10.860 11.961.000 0.00 11.996.000 0 00 WL 13/10/92 Chung Khaw Bank B 500.000
      835 words
    • Article
      APPROVED ISSUES
      373 22 Company Mgkts Issue Gohton tap* Onetor-* Mil 50 per share Ex-date Aug 27 Books dose: Sep 10 Acceptance 1 Payment: Oct 22 IMS One-tor one M$5 00 per share Ex-dale: Sep 7 Books dose Sep 21 Acceptance 4 Payment Nov 1 OC8C One-tor ine fc S3 00 per
      373 words
    • Article
      PROPOSED ISSUES
      497 22 Company Rights Issue Ofcnet Tart Oretor-one g, SI 00 pa share An* Steel On*»or three fe MJ2 20 per share Issue of *****m S0% Cumulatne Redeemable Preference shares of 10 sen each 1992/97 (CRPS) wtt up to 211.62m Transferable S«bscnpton Rights (TSR) tor an aggregate pnee of MSI
      497 words
    • Article
      RECORD HIGHS & LOWS
      126 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 N* 1316-68 (21/2/92) 1992 Mc 1545.92 (27/1/92) 1992 tar 1122.50 (18/8/92) im 1310 .95 (18/8/92) 1991 M* 1333.08 (3/6/91) 1W1 1565.58 (3/6/91) 1991 tar 1022.52 (16/1/91) im 1149.08 (16/1/91) 1990 M* 1435.43 (16/7/90) 19M m 1607.12 (27/3/90) 1990 tar 981.07
      126 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      347 22 In local on In S$ In USS S dy yr dy yr dy yr Oct 14 Index cfagc chge chge chge chge cfage World 375.2 0.1 -8.1 0.0 -8.8 0.1 -8.2 $EAFE 440.7 -0.1 -12.2 -0.1 -114 0.1 -11.8 Europe 395.3 -0.2 -3.9 -0.2 -6.7
      347 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Prices little changed in thin trading
      419 23 CLSA SHARE PRICES in the Shanghai A and B markets were little changed yesterday with their respective CLSA A and B indices more or less unchanged. Turnover was slim with 600,000 shares in the domestic market while less than 80,000 shares changed hands in
      CLSA  -  419 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close higher in active trade
      936 23 Reuter JAKARTA stock prices closed higher yesterday in fairly active trade, brokers said. They said local sentiment remained bullish in banks and foreign interest was limited to a few favourite shares. Bank Duta was actively traded with 385,500 shares, rising 100 rupiah to 2,450.
      Reuter  -  936 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares end lower on profit-taking
      2095 23 INVESTORS yesterday sold to take profits from finance, securities and other smaller stocks they bought on Wednesday, and the index eased in moderate trade, brokers said. The SET Index dropped 7.99 points, or 0.91 per cent, to end at 871.66 on moderate turnover of 9.89
      Source: Bridge Info  -  2,095 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares rise amid rebound in futures
      2582 24 Reuter STOCKS ended higher yesterday as a technical rebound by stock index futures pulled the market up in the final half hour of trade. Brokers said most investors sat out the market in the absence of fresh incentives, keeping volume thin and prices easily
      Reuter  -  2,582 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices surge 107 points on US buying
      2451 24 Reuter, AFP HONGKONG The Hang Seng Index surged 106.87 points or 1.8 per cent ahead here yesterday on its fourth consecutive rise this week, to close at 5,913.64 after rising over 130 points in the morning. Turnover rose to HKS3.BB billion on a
      Reuter,; AFP  -  2,451 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bearish factors drive stock market lower
      2080 25 Reuter THE share market continued to falter yesterday, driven down by a combination of poor metal prices, a number of firms going ex-dividend and pressure from the futures markets. "Until there is some serious money coming in from overseas, it will be hard to
      Reuter; Source: Bridge Info  -  2,080 words
  • REGIONAL STOCK MARKETS
    • NZ bourse falls to near lows for year
      • Article
        NEW ZEALAND
        378 25 OVERSEAS investors remained preoccupied with volatility on their own markets during low-volume trade yesterday, allowing a steady stream of local sellers to force the New Zealand bourse back near its lows for the year. The NZSE-40 Capital Index closed 12.77 points down at 1,377.86, just above previous closing
        378 words
      • Article
        MANILA
        575 25 SHARE PRICES closed lower yesterday as market sentiment sagged under Wall Street's overnight losses, brokers said. Manila's Composite Index fell 18.47 points to 1,368.34, largely on New York-listed Philippine Long Distance Telephone Co's fall. It lost 10 pesos to 935.00 in Manila. "The market leaders are weak. There are
        575 words
      • Article
        TAiPEI
        525 25 SHARE PRICES ended sharply higher yesterday as investors were excited about newspaper reports that the stock transaction tax may be lowered, brokers said. A senior presidential adviser on Wednesday quoted President Lee Tenghui as saying that the government might consider adjusting the transaction tax according to market movements. Buying
        525 words
      • Article
        SEOUL
        726 25 PROFIT-TAKING after Wednesday's gains prevailed on the wobbly stock market yesterday, pushing the index down at the end of a day of narrow ranges, brokers said. The Composite Stock Index shed 3.11 points to 521.85 with turnover at 190.7 billion won from 182.3 billioif fcti Wednesday. Brokers noticed selective
        726 words
      • Article
        INDICES & TURNOVER
        56 25 INDICES TURNOVER L. Ooae Oct 15 fVeviow i£ NEW ZEALAND NZSE-40 Capital 1.377.86 1.390.63 -12.77 MANILA Composite Index Turnover (mil pesos) 1.368.34 292.9 1,386.81 632.6 -18i47j -339JU TAIPEI -u 7 Weighted Price Index Turnover (NTS billion) 3.729.02 23.4 3,633.22 9.2 +WV l'4:V SEOUL ~wf, Composite Stock Index Turnover (billion won)
        56 words
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  • Dow edges down after two days of gains
    • Article, Illustration
      NEW YORK
      1415 26 NEW YORK A late barrage of sell programmes, weakness in IBM Corp, and a reversal of two days of gains sent US blue chips skidding but shares recouped almost all their losses by the closing bell on Wednesday. The Dow ended down 5.94 to 3195.48. It sank as
      1,415 words
    • Article, Illustration
      LONDON
      925 26 THE stock market closed lower in quiet trading on Wednesday, easing after early hopes of a cut in UK base rates faded and the market was hit by disappointing manufacturing and industrial output figures. The blue-chip Financial Times Stock Exchange 100-Share Index, which lifted 27.5 points on Tuesday, closed
      925 words
    • Article
      FRANKFURT
      191 26 GERMAN SHARES fell around 1.1 per cent on Wednesday, reversing almost half of Tuesday's gains, as the market sobered up. Dealers said comments from the Bundesbank that it intended to keep up its fight against inflation and high money supply growth had dashed lingering hopes for a near-term cut
      191 words
    • Article
      AMSTERDAM
      450 26 MOST SHARES softened after a flat dollar and broad gloom on economic prospects prompted selling by foreign institutional investors and professionals on Wednesday. Pressured mainly by losses in chemical stocks and cyclical companies, the EOE Index ended down 0.80 at 278.74, having lifted from an earlier low of 277.67
      450 words
    • Article
      MILAN
      252 26 ITALIAN SHARES closed broadly higher on Wednesday, boosted in part by continued demand for Fiat shares in spite of the company's denial on Tuesday of rumours it was poised to reach an accord with a Japanese car producer. Dealers said Fiat and the market as a whole rose on
      252 words
    • Article
      STOCKHOLM
      123 26 SWEDISH shares closed marginally lower on Wednesday in moderate trade ahead of eight-month results from S-E--banken, forestry firm Modo and industrial conglomerate Trelleborg. "Today's action was poor with few shares being traded. The market was listless ahead of the eight-month results," one dealer said. Pulp producer SCA B-free share
      123 words
    • Article
      TORONTO
      254 26 STOCKS slid at the close on Wednesday as traders focused on a credit downgrading on Canada's senior long-term foreign currency debt, which sent the Canadian dollar down a full US cent and raised fears that Canadian interest rates may edge higher this week, analysts said. The TSE-300 closed down
      254 words
    • Article
      ZURICH
      241 26 SWISS SHARES ended a moderately active session slightly lower on Wednesday, after prices had fluctuated in a narrow range, dealers said. They said the market's recent consolidation continued on a lack of new factors and ahead of yesterday's Bundesbank meeting. The broad SPI Index closed 2.6 points lower at
      241 words
    • Article
      INDICES & TURNOVER
      73 26 INDICES TURNOVER NEW YORK (lose Previous Oct 14 Dow Jones SAP 500 Turnover (million) 3.195 48 3.201.42 409.37 409.30 173 186.65 -5.94 +0.07 -13.65 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,877.9 2,574.7 486.5 1,891.0 2.584.7 467.3 -13.1 10.0 19.2 FRANKFURT DAX Index 1,448.80 1.465.50 -16.7 AMSTERDAM EOE Index
      73 words
    • Article
      Untitled
      443 26 Other markets in Europe, South Africa and Canada Johannesburg Oct 14 Rand INDUSTRIALS A Alpha 3100 100 AECI 590 unch AMIC 5375 25 Abercom 125 Amaprop 630 10 BAZ 1300 Barlows 4575 50 Basil Strk 10 Blyvoor 325 unch CG Smith ***** unch Cnagalo 2200 50 Ckffin 630 unch Edgars
      443 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ lower against mark, yen after short-covering in Tokyo
      1167 27 REPORTS THE US DOLLAR closed lower against the mark and the yen in Tokyo yesterday after short-covering in the afternoon trimmed morning losses. Speculative dollar sales for the mark, which started in London overnight where speculation on a German rate cut
      1,167 words
    • Article
      Lock icon Futures: the bright side of Black Monday
      357 27 Reuter CHICAGO Futures markets are still recovering from the stock market crash of five years ago this month, but in hindsight industry leaders are looking at the bright side of Black Monday. The crash focused world attention on the then-obscure financial instruments stock
      Reuter  -  357 words
    • Article
      FINANCIAL FUTURES
      1535 27 SIMEX EUROOOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.62 96.65 96.61 96.64 9500 ***** ***** Mar 93 96.56 96.59 96.55 96.59 ***** ***** ***** Jun 93 96.20 96.25 96.19 96.24 4850 8390 ***** Sep 93 95.75 95.79 95.75 95.79 2800 2000 3907 Dec 93
      1,535 words
    • Article
      INTERBANK FOREX RATES
      406 27 Cross rates Oct 15 USS SS MS Dm Yen SFr AS NZS uss 1.6090 2.5020 1.4550 120.70 0.5862 1.2960 1.3860 1.8433 ss 0.6215 1.5550 0.9043 75.0155 0.3643 0.8055 0.8614 1.1456 MS 0.3997 0.64 48.2414 0.2343 m 0.5540 0.7367 Dm 0.6873 1.1058 1.7196 82.96 0.4029 0.9526 1.2669 Yen
      406 words
    • Article
      MONEY MARKET
      546 27 Interbank rates SS Bid Offer Overnight 1 1 1/4 1-month 1 5/16 1 7/16 2-month I 3/8 I 1/2 3-month I 7/16 I 9/16 Overnight mode: 1-1/2 ISS Bid Offer 7 days 3 1/4 3 3/8 1 month 3 1/4 3 3/8 2 months 3 1/4 3 3/8
      546 words
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  • COMMODITIES
    • Article
      Lock icon US steel prices set to rise once complaints resolved
      657 28 NYT NEW YORK The flood of trade litigation undertaken by America's largest steelmakers against foreign steel producers is certain to have a profound impact on the American companies, besides keeping their lawyers busy for months. Analysts say the complaints, when resolved,
      NYT  -  657 words
    • Article
      KL tin price rises on renewed buying support
      745 28 THE Kuala Lumpur Tin Market gained some support from renewed buying interest with the metal closing six sen higher at M$ 14.80 per kg yesterday. Dealers said the sentiment was fuelled by the strengthening of the London Metal Exchange which closed unchanged
      745 words
  • Article
    PRICES
    1454 28 Rubber HAS C—odlty Exchange (futures doting as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 OOO 000 144.25 25 1.100 Dec 143.75 142.50 142.50 775 3,125 Jan 93 142.00 141.25 141.00 550 4.850 Feb 140.00 140.00 140.00 100 5,350
    1,454 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1441 28 _BJJJ} INESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 TECHNO PROJECT SERVICES PTE LTD (Incorporated in the Republic of Singapore) MEMBERS' VOLUNTARY WINDING LP NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that a Final General Meeting of the Company will be held on 17-11»92 at
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      Page 28 Advertisements Column 2
      11 28 yl/|sr s IV I anage BT shows you how every Monday.
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1245 29 ctt ETA fight ETD City Flight ETA Flight ETD Abu DknM GA890 2330 Kota Kinabalu SQ187 1350 SQ188 0830 Adelaide Qf81 1955 QF82 2205 I 1 MH630 0950 SQ227 2230 Kuala Lumpur MH602 0700 Amsterdam KL837 1340 S0320 TToo MH629 0020 SQ102 0730 |7V ''°9 MH640
    1,245 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The island that tourists forgot
      525 29  -  LETTER FROM RAROTONGA By Michael Field SIR Geoffrey Henry, the genial, outspoken prime minister of the Cook Islands, can feel with some justification that the Polynesian god of Tangaroa is on his side. Just a week before the Pacific's biggest arts, dance and music festival,
      525 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      150 29 As at 10am yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.155 1.165 Canadian dollar 1.2700 1.2850 NZ dollar 0.8630 0.8830 Sterling pound 2.7350 2.7430 US dollar 1.6050 1.6150 Local dollars to 100 units of foreign currency Austrian schilling 15.60
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      66 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Nov 11-22 Geneva Fair— Geneva Societe 002/*****83 Nov 16-19 Autotech Birmingham Centre 021-*****18 40th Ideal Home Sexploitation Exhibition, Exhibition du Salon des Birmingham Arts Menagers Nov 14.79 International Birmingham The Building 44-71/*****73 Nov 14-23 India New Delhi,
      66 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations Check with your travel agent or call *****77 for more details. We know Europe from dart to Pinmah
      38 words
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      Page 29 Advertisements Column 2
      25 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749 2577
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      Page 29 Advertisements Column 3
      514 29 BUSINES_S_riMES Toll free Tel No: 737 0043 Fax No: 734 3600 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SINGMAVEST INVESTMENTS PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) Al an Extraordinary General Meeting of the Members of SINGMAVEST INVESTMENTS PTE LTD duly convened and held at
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      Page 29 Advertisements Column 4
      364 29 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I, Huang Ping Chi of Blk 108, *17-07 Braddell Hill, Singapore 2057, have applied for a Second Class Beer House licence in respect of premises at M/s One More Mini Steamboat at 6 Raffles Boulevard 102-211/212 Marina Square, Singapore 0103, and that
      364 words
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      Page 29 Advertisements Column 5
      236 29 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF WHITFIELOS MINERALS (FAR EAST) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter SO. that the FINAL MEETING of the Members of the abovenamed
      236 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      263 29 6 Turned aside in some con--8 Decoration that gives 9 Game to make music? (9) 11 A chance to offer support j j j j j I 12 Backing would be 13 It's no real solution for the 16 A country copper a well-educated man (4) F j i 17
      263 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      168 29 Singapore Outlook: Showers over a few areas in the late morning and early afternoon. Report: Maximum temperature 32.6 Assoc humidity 61% Minimum temperature 25.1 Assoc humidity 99% Hours of sunshine 9.80 Rainfall in mm nil Rainfall this month 116.7 Rainy days this month 9 World report Asia-Pacific Hi/Lo* Cond. Auckland
      168 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      26 29 kiilkigWaSWlgTO?! r wouj's 1 \'ll ger a soyecGee. rnoP H3J UC play oufc cPtRDS uc could A of this CAP/ NCXT LOT OF Traffic SHOUJ V'&—
      26 words
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  • Article
    Lock icon US firms will soon have to reveal top execs' pay
    423 30 New SEC rules will give shareholders greater say in setting pay scales NYT WASHINGTON Under pressure from lawmakers and shareholders who have criticised large executive salaries, the Securities and Exchange Commission was set to approve rules yesterday that will require
    NYT  -  423 words
  • Article, Illustration
    European investors cannot afford to gloss over E Asia: Anand
    408 30  -  From Lim Soon Neo in HONGKONG EUROPEAN investors can no longer afford to "gloss over" East Asia, said former Thai Prime Minister Anand Panyarachun in his keynote opening address yesterday at the Europe/East Asia Economic Forum. "In the past, European
    408 words
  • Article
    Lock icon China's propaganda machine hails trust in market forces
    244 30 Reuter BEIJING China's huge propaganda machine, reversing four decades of socialist economics, hailed yesterday the communist nation's "extensive and profound" new world of reliance on market forces. The official Xinhua news agency issued a stream of tributes to a report delivered by
    Reuter  -  244 words
  • Article
    Lock icon Intel to design energy-saving computer chips
    246 30 AP SAN JOSE Intel Corp, the world's largest manufacturer of microprocessors, said on Wednesday it will design computer chips with an ener-gy-saving feature to ease the way for a new generation of "green" computers. The goal is to transfer Intel's advances in programming a
    AP  -  246 words
  • Article
    Lock icon Takeshita accused of using gangsters in rise to power
    179 30 AP TOKYO Japan's political world was in turmoil yesterday as public anger over political corruption shifted to another scandal-tainted target, former prime minister Noboru Takeshita. Mr Takeshita has been accused of employing the Japanese mafia, yakuza, to help him in his
    AP  -  179 words
  • Article, Illustration
    Seoul: a success story that has just begun
    808 30  -  The Bottom Line BRIAN GOMEZ BRIAN GOMEZ The writer is a Sydney-based journalist who contributed this commentary to BT after a recent visit to South Korea THE South Korean economy has been in high gear for the past three decades though its
    808 words
  • Article
    Lock icon IBM reports US$2.8b loss resulting from rationalisation exercise
    186 30 Reuter ARMONK, New York International Business Machines Corp yesterday reported a US$2.B billion (554.5 billion) loss for the third quarter as it paid the cost of shrinking its mammoth operations. IBM cited economic turmoil in Europe and "persistent economic weakness in the
    Reuter  -  186 words
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      379 30 Nikon The World's Finest Photographic System p fs i I |l COMPUTER SERVICE BUREAU I AltlflllTpH 7fltlAll i COMPUTING ACCOUNTING VvlUI/UlvliUftUvll O 1 (Numbers of employees to your J v requirements) (For various types sizes of businesses) TO We provide you with Information Make It Simple I Billing/Invoidng Effective For
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      Page 30 Advertisements Column 2
      76 30 Nikon The World's Finest Photographic System Now Zip gives you instant boiling water '""life every m nute the JUST TURN ON THE TAP. ZIP OUT- DATES URNS, KETTLES, COFFEE BARS AND J UGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY HOSPITAL AND SCHOOL. ZIP IS FULLY AUTOMATIC AND STEAMFREE. SAVE
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  • Shipping Times
    • Article, Illustration
      Cruise lines, tourist bodies urged to team up
      404 31  -  Seatrade Asia Pacific Cruise Convention Windstar Cruises to base ship in S'pore next year Reports by Juliette Walker SINGAPORE The cruise industry should team up with the region's national tourist offices to promote and develop the Asia-Pacific as a cruise destination, a
      404 words
    • Article
      Orient Lines steering for FE
      386 31 SINGAPORE Newlyformed Orient Lines is scheduled to give the Far East's fledgling cruise market a booster shot. In October next year, the cruise line plans to debut its 850-passenger cruise ship Marco Polo in the Far East, South Pacific, Indian Ocean and Antarctica. The company's
      386 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1179 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 3 ASCL 5 5 ASXCLShpg 15 2 Austorient
      1,179 words
    • Article
      Lock icon M'sia can claim up to M$230m for oil spill damage
      226 31 Bernama KUALA LUMPUR Malaysia can claim as much as MS23O million (S$ 147.2 million) for operational costs and pollution damages resulting from the oil spill of tanker Nagasaki Spirit in the Straits of Malacca. Department of Environment director-general Dr Abu
      Bernama  -  226 words
    • Article
      3 lines to impose shore-side tariff on Bangkok boxes
      440 31  -  By Rahita Elias SINGAPORE Faced with rising cargo handling costs at KJong Toey port, three major players on the SingaporeBangkok route will impose a shore-side service surcharge (SSC) on boxes handled at Thailand's leading gateway. Regional Container Lines, Pacific International Lines
      440 words
    • Article
      Lock icon Freight markets more active
      250 31 Knight-Ridder NEW YORK The freight markets continue to show a more active tone than was evident in recent weeks. Expectation of Russian business remained a factor, but another influence was an upsurge in iron ore and coal chartering. Latent fixtures surfacing indicated a dramatic revival in
      Knight-Ridder  -  250 words
    • LOG BOOK
      • Article
        Ferry sinks in Molucca Sea, 21 missing
        84 32 JAKARTA Twenty-one people are missing after an interisland ferry sank in rough weather in the Molucca Sea, Indonesia's Antara news agency said yesterday. The Sinar Loloda, which operated between Kedi and Ternate in northern Moluccas, sank on Tuesday, it said, quoting port authorities
        84 words
      • Article
        Indon navy gets British tanker
        103 32 JAKARTA A former British small fleet tanker has joined the Indonesian navy, the Antara news agency said yesterday. The Arun, previously known as HMS Green Rover, arrived at Tanjung Priok harbour in Jakarta on Wednesday from Portland; England. As the Green Rover, the ship commissioned
        103 words
      • Article
        US Navy halts upgrade of Orion
        77 32 WASHINGTON The US Navy said it issued an order for Bbeing. Co to halt all work on a planned US$l.5 billion (352.4 billion) upgrade of the P-3C Orion submarine-hunter aircraft. The Navy said the order is effective immediately to s4ve defence funds and anticipates
        77 words
      • Article
        UK ready for talks with Libya
        105 32 LbSBON Britain is for the first time prepared to enter iijto direct talks with Libya over its demand for two Libyan nationals to testify about the shooting down of a US airliner, Foreign Secretary Douglas Hurd said on Wednesday. Mr hfttrtksaid any talks about
        105 words
      • Article
        European railwaymen to strike
        71 32 BRUSSELS Railway unions in seven European Community countries will call a one-hour strike on Oct 27, the ufWRS- announced at a joint meeting here on Wednesday. IfrfilWaymen would stop work from 1000 to 1100 GMT in firance, Portugal, Spain, Luxembourg, Italy, Belgium and (Jreece. Union spokesmen
        71 words
      • Article
        Chinese airline to buy Airbus jets
        76 32 TOULOUSE, France The European Airbus Industrie consortium is discussing the sale of A 340 and A3OO-600 airliners Eastern Airlines (CEA) based in Shanghai, Airbus said here on Wednesday. Airbus is awaiting confirmation ftom the client, a spokesman for Airbus said. In a speech in
        76 words
    • Article, Illustration
      A better climate after Maastricht
      1218 32 The European liner shipping sector has steadily been growing more and more dissatisfied with developments in the EC in recent times. However, the latest political events could have a beneficial effect on shipping THE DANISH 4 No' and the narrow French 'Yes' to the Maastricht
      1,218 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      567 32 Carton Carbon Oct S Daraity Water Resduc Ash Akarinun Sedment Density Water Residue Mi Ataman Sedrant M/M M/M Exxon Exxon RG/HT3 IV/Vl M/M M/M PPM method KG/M*3 IV/V I M/M M/M PPM method GO/Cmac Inits Spec E25 991 To 1?0 <U0 30* <U0* Eastern USA 180
      567 words
    • Article
      THE SHIPPING GUIDE
      9925 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      9,925 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        580 47 V«m< Vot Wb B«ti Atwal jlptw teal Voy No Berth AnM D^alift Marina Terminal 1 Ermna 9238N S03 1610/0900 16.10/2300 Batam Baru B189 M04 alongside 1610/2300 Hpa An 182 S04 15.10/1500 1710/1500 Batam Mumt *****2 M04 alongsde 17 10/0500 Prospero 21 S01 16.10/1730 1610/2330 Mahfcota Lip 222/92
        580 words
      • Article
        CONTAINER SCHEDULES
        1824 47 DELIVERY OF FCl IMPORT CONTAINERS IN PROGRESS SNp Voy No Contaiien avaiaMe SNp Voy No Containers avalabic Wana BNm 161N 14.10.92 0750 Sea Laurel 151S COO(EST) 15.10.92 0700 Nan Process 52S 14.10.92 0820 Swadaya 656 COO(EST) 15.10.92 1900 A/wana I 903 14.10.92 0830 Hyderabad 110-Hw COD(EST) 15.10.92 2000
        1,824 words
    • Article
      DAILY FREIGHTS
      739 48 SENTIMENT continued to firm in the panamax market on expectations of large grain Shipments from the US to the former USSR, Asia and the Middle East, brokers said on .Wednesday. > The US Department of Ag;riculture reported overnight •that exporters sold 255,000 -tonnes of maize to Russia for
      739 words
    • Article
      TRANSPORT DIARY
      837 48 Oct 21 (1215-1430 hrs): Luncheon talk on Implementation of GMDSS organised by Singapore National Shipping Association at -WTC Club. For further details, please contact SNSA at tel: '278-3464 or fax: 274-5079. Oct 23: Revision to the Uniform Customs Practice for Documentary Credits: ICC No 400. •Talk organised by
      837 words
    • Article
      Lock icon China rejects latest British plan on HK airport
      517 50 News sends stock market down 75 points AP HONGKONG China has rejected the British colonial government's latest compromise proposal to inject more cash and trim borrowing to finance Hongkong's planned multibillion-dollar new airport, local media reported yesterday. The rejection postpones once again
      AP  -  517 words
    • Article, Illustration
      Lock icon Airbus rolls out new twin-aisle A330 jet
      427 50 AP TOULOUSE, France Airbus Industrie, the European commercial aircraft consortium, on Wednesday rolled out its newest passenger jet, the twin-aisle, medium-long range A 330. The A 330 is a two-engine version of the A 340, a fourengine jet that has the longest range
      AP  -  427 words
    • Article
      Lock icon Hertz sharply trims one-way car rental rates
      409 50 NYT NEW YORK The Hertz Corp said on Wednesday that it would sharply cut the cost of one-way car rentals for non-business travellers, in an attempt to stimulate new trips and attract customers from other rent-a-car companies, the airlines, bus companies and Amtrak.
      NYT  -  409 words
    • Article
      Lock icon Ruslan crash: one survivor found
      159 50 Reuter K.IEV A crew member survived the crash of a giant Ukrainian military transport plane by leaping from the plunging aircraft with a parachute, Interior Ministry officials said on Wednesday. A ministry spokesman said the man was in serious condition in hospital after the aircraft
      Reuter  -  159 words
    • Article, Illustration
      Lock icon General Motors chairman in good condition
      405 50 AP DETROIT General Motors Corp chairman Robert Stempel was listed in good condition on Wednesday at a Washington DC hospital, a day after the auto executive fell ill during a business meeting. Doctors at George Washington University Medical Center treated the 59-year-old Mr Stempel
      AP  -  405 words
    • Article
      Lock icon The Paris car bazaar
      469 50 Besides cars, lighters and fridges are on show too Reuter PARIS Not far from the blood-red Ferraris at the Paris Motor Show, Patrick Accensi is selling a cheap product that fewer and fewer people use but which is still de rigueur even in a RollsRoyce. Cigar
      Reuter  -  469 words
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      42 31 A better shipping climate after Maastricht, Page 2 China rejects latest British plan on HK airport, Back Page Um* and Mrvlc«« rtpmniM by /&i|K\ tf tIM Itegtotry «f Accrtdttti Aywt*. !hp>iri HHwl SMppfatg AtMctttion. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 31 Advertisements Column 2
      101 31 the jfc FAMOUS VSk/lUUM ■JHnim 224 IMS For more information please refer to Pg. 13 Regular Independent Service Container and Breakbulk Service are proud to announce the appointment of Harpers Shipping Singapore Pte. Ltd., as general Agents in Singapore for their new service from: Singapore to: Hong Kong Keelung Pusan
      101 words
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      93 32 6 |/WQI 11 a controversial deal between two stock J market stars, a thought-provoking report by 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 breadth. FOCUS is the news feature section of Business
      93 words
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      2632 33 mm OOCL PTE LTD jardine shipping AGENCIES *****11 FAX: *****09 \lMwi/ BOOKINGS TEL: *****34 *****58 mZnfMW TERMINAL7CFS TEL: *****18 220 PDuXU H PCSAKA JABWNE SHIPPINQ AGENCIES SON. BHD. I VMT J PORT KELANG TEL: *****18 FAX: *****91 *****88 to PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to duality
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      Page 33 Advertisements Column 2
      1118 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT VS./VOY SW NYC ML Off SMfl man n 11/11 n/u n/11 m/u m/u I ft IMTIN 7/11 M/U 11/U U/U M/U IWTO MM M IVU M/U U/U U/U B/U a mawit ft i/u
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      1425 33 maWEEKLY DIRECT CALL TO SHIMIZU LEXA MAERSK V.9213 ETA SIN 22/10/92 ETA SHIMIZU 3/11/92 V«MI Voy ETA ETO FmM by DESTINATIONS TNI MM MalNMe Mam* *210 J'l J.imijWl I |i'l' —IHi Mil lIIM |W| Bllgl W IHlB'——■ 20/10 (MOO MRS CFS 19/10 2359 HRS JOH LPK PEN OAK LOB MOO
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      1444 34 ROAM/ VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE jfi- I LUDWK3SHAFEN EXPRESS 04/341 17/10 27/10 4/11 7/11 9/11 j MONTE ROSA 21/142 22/10 7/11 10/11 8/11 Wifli IIM i tUm DRESDEN EXPRESS 07/342 24/10 3/11 11/11 14/11 16/11 18/11 m|QU KAMAKURA 25/143 28/10 14/11 17/11 15/11 KAQA
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      449 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for all services C.1.5.-Vottochny, Vladhroatok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam e Mongolia Hungary CSFR e Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feodor Vesaol KTA WW A. ABRAHAM 25/10 VILLE DE SIRIUS 29/10
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      Page 34 Advertisements Column 3
      1474 34 I BBS—EMU" REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL^^HA*^^BRE<^|!o^^/u!T^^FE^^^LHJ^| NORASIA MUBARAK 9233-3 19/10 11/11 13/11 15/11 16/11 17/11 11/11 11/11 19/11 I NORASU AL MANSOOftAH 9234-3 27/10 19/11 20/11 24/11 26/11 26/11 29/11 29/11 29/11 22!5!5!r^ 9 235 3 °i /u 25/11 26/11 01/12 02/12 03/12 05/12 05/12
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      1920 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0200 Tel: ***** M Fax: *****17 ACCEPTS CARGO OIK $AIS UMM BROOKE VIK Muara. Ilk 15-1S Oct 17 Oct U Oct US HMMA VIK U Stan, Ta« 10-17 Oct 1> Oct 19 Oct SMGAKMC PHNOM fOtt STMmwmK *2*
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      Page 35 Advertisements Column 2
      2246 35 SINGAPORE AGENT: IJ/uf 1 I AtITOIIIAfC P4O Containers (Singapore Agencies) Pte Ltd X VXV/ 9 1 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0206 T«i: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 W* M Number: **********0Z vibocl voy fma -iwo bm tu mi wt dot ham vessel
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      653 36 ueJJUMUUii CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE KSI/WT STOtt ROAM, ADAM H3URG BRIO HKMV KUTM/2CWB 17/10 14/11 20/11 24/11 21/11 MAT ARAM. 33 KB 24/12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO luto)«ct to Inducement. Also accepting cargo to Casablanca. Port Said, Poet
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      Page 36 Advertisements Column 2
      1360 36 0 HANJIN SHIPPING FDR VSI SM LM HAU IGB OAK FDR VS. SM ILK HAU. SAV LM NYC HAMM OAKLAM) 019E 17/10 K BARCEIONA 001E 7/11 9/11 HANJM KNANCTANG 094E 19/10 M. ASU 00CE 2C/U 27/11 29/11 HAMM 10NG8EACH 039E 25/10 DOttCT 15/11 18/11 HARM KUNSAN OIOE 26/10 K KEUUNE
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      Page 36 Advertisements Column 3
      1215 36 d I rIT3"EP"i^ Im i» «c at rus m o» ki no m c» in nc u« m n iir n w nu I icuamtkoij a/ioii/ioa/ioa/ioa/io 2/11 j/11 vu 4/11 7/11 9/11 a/u vu «/u s/12 ivu u/12 17/1211/12 u/12 a/12 vi 12/1 u/i I CMMTTN KMI 27/10 a/10 2/U
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      Page 37 Advertisements Column 1
      1160 37 )Y~S SCX: NEPTUNE AMBER 08E' ETA SGP 21/10/92 I jII ARRIVING LOS ANGELES 08/11/92 IN 17 DAYS. I II fIEX; NEpTUNE RHODONITE 06E' ETA SGP 25/10/92 ARRIVING NEW YORK 16/TI/92 IN 22 DAYS. TO PffW- USA INLAND POINTS ITO CAUFORm .US MLAKO POUm. ATLANTIC VtA 818 U FEEDER VSL VOY
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      Page 37 Advertisements Column 2
      374 37 CENTENARY SHIPPING SERVICE I WEEKLY FULL COTTTAifiER DIRECT SERVICE I SINGAPORE/HO CHI MINH CITY Now providing Container Tracking toVungtau, from Ho Chi Mlnh Qty VESSEL'S NAME VOY. NBR ETA/D PORE ETA/D HCM CITY TANAH AIR 61N/S 19 19 OCT 22-23 OCT 92 TANAH AIR 62N/S 26-26 OCT 29-30 OCT 92
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      Page 37 Advertisements Column 3
      188 37 I m NIPPON EXPRESS W S ii iS Arrow International Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO. YOKOHAMA. NAGOYA, KAOSHIUNG HONG KONG, BANGKOK, KEELUNG, KOBE USJAUSTRALIA WEEKLY LOS ANGELES (LONG BEACH), NEW YORK CHICAGO, SYDNEY, MELBOURNE EUROPE WEEKLY FELIXSTOWE, ROTTERDAM, HAMBURG DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW
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      Page 37 Advertisements Column 4
      1105 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBCTM?—OtSCHMONG WESTBOfO—IOAON6 HWCHfTH) W ROTTOPMI
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      Page 38 Advertisements Column 1
      1591 38 n 44 War" M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL *****77 TELEX KAWAKIRS23I6S FAX; *****07/89 U M U mi m MALAYSIA: *K" UNE MARTTIME (MALAYSIA) SON BHD 1 A A TEL SA *****00 PK*****01/5 PENANG *****0 JB *****1 HHHB KAWASAKI KISEN KAISHA, LTD
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      Page 38 Advertisements Column 2
      857 38 PHILI-ORICNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76(*****38 BY AIR, LAND OR SEA.... /jffS ■fiS*- WE TAKE ON THE WORLD FOR YOU VjJF MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 18 OCT SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 15 OCT AUCKLAND. WELLINGTON. LYTTLETON,
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      Page 38 Advertisements Column 3
      235 38 /Wn GOLDEN LINEA WggSi GUAM GUAM SHPPViG (PTE) LTD I awiMSMamracllM 18. 5343 M (11 IMS) Fn S3US44 (Silk HU»HW) ITKAm/WMmiOPUWTKI S port p. Kctani Pen** KM HMKh/O+m/PmmM 22 Oct SOU» NMKST Hand*' D»b«i 0»— m l/l Nr qpuA «nw« Ift Chma Port 22/24 Oct TIM MO Shefcov 21/30 Oct
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      Page 39 Advertisements Column 1
      1117 39 PACIFIC INTERNATIONAL LINES (PTE) LTD M M l4O Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********04 KOTA MO AM «7v» rT„, o KOaMTteV 40N 17/10 JO/* N/10 BUNGA TfRiTAI m OAyin U/« SWSAMUT (THAI FLAQ) MS3ON 10/10 11/10 20/10 BUNGA TERATAJ 423 20/10 23/10 27/10 ■manuvu
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      Page 39 Advertisements Column 2
      1303 39 €0t A B WEEKLY f P GUOANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 16/10 16/10 17/10 BENAVON 2412 20/10 6/11 8/11 9/11 11/11 E 23/10 23/10 24/10 JUTIANCMA 2422 27/10 1377! ***** ***** iSTTi D 30/10 30/10 31/10 SELANOIA 2432 3/11
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      Page 39 Advertisements Column 3
      266 39 II BSA° TRANSPORTATION MYANMA Ui FIVE STAR LINE (Myanmar National Line) Loadmg for Yangon (Rangoon) S port PJCIf Pen P Gdf PAGAN VII7N ki Pt HTA AA Vlt2W IH PI PAGAN VISSW 30/1 MM NIGERIAN NATIONAL SHIPPING LINE MP NIGERIA EXPRESS SERVICE RIVER MAJE VJS SPORE H Nov Lagoa 09
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      Page 42 Advertisements Column 1
      1455 42 H Conventional Semi-Container Full Container Liner Services Liner Services a**,: Mm* a,.* Cewra/ Agents: Booking Agents: General Agents: Booking Agents: Gun Sum S**f S4n SM C*n« CWm Shining S* SW f.T. GtoM Pvtra lUritkne ffc* Fling Shipping I S*** Sort* Crwfc* Costar Shipping Pte Ltd sm*t Fn*kt Mum Centre MM
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      Page 42 Advertisements Column 2
      531 42 EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN "TRICE WEEKLY" MALACCA STRAITS SERVICE anwiß wrna fa kt |i|ik «t mo kh tto ron ac wco m» qg *ov |sm |na km msm *a WS 13 UO ~IJ.II UN 17.11 tLM 2UO 2110 2110 2910 3010 tri MX TnT TTlo" lf.lt 21
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      Page 42 Advertisements Column 3
      623 42 I MV. "ASIAN ORCWO" V.19 ETA S PORE NOV 9: DIRECT CALL GUAM 21/11 SAIPAN 23/11 GUAM TOLFK ✓V PCNAPE YAP Jf HONIARA >• MAIURO KORROR SUVA APIA NOUMEA PAGO PAGO M.V. "ASIAN ORCHID" V.19 ALSO ACCEPTING Fa/La CARGO TO: MICRONESIA SOUTH PACIFIC PORTS VIA GUAM. sugatok SEAWAY SHIPPING PTE.
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      Page 43 Advertisements Column 1
      700 43 /jf FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 18/10 ROTTERDAM 18/10 HAIFA/ASHDOO/ALEXANDRIA 18/10 HAMBURG/BREMEN 18/10 MARSEILLE/FRANCE 18/10 FEUXSTOVYE/UK 18/10 BARCELONA/SPAIN 18/10 LEHAVRE/ANTWERP 18/10 GENOA/ITALY 18/10 GOTHENBURG/SCANDINAVIA 18/10 LOS ANGELES/WC/IPI 18/10 SYDNEY/MELBOURNE 18/10 NEW YORK/EC 18/10 FREMANTLE/ADELAIOE 10/10 VANCOUVER 18/10
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      Page 43 Advertisements Column 2
      683 43 OT RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) US FAX: *****15/*****03 TELEX: RS ***** RI3HIP (3 Lines) |3t\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANOtNET 28WB 23/10 OARESSALAAM MOMBASA DJ«OUT| ASSAB MASSAWA ASSAY WOMT 34W8
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      Page 43 Advertisements Column 3
      408 43 BANGKOK ■ENJA BHUM US 17/10 20/10 lARU BHUM API Fri 14/10 Mi 10/10 WANA OHUM 143S 21/10 24/10 NAHTA BHUM 111S M 17/10 Wsd 21/10 KITI 51* 23/10 24/10 fITA BHUM## 255N Tw 20/10 Fri 23/10 PW THAWA BHUM* Q2SI Wxl 21/10 S»l 24/10 WWW MAHA BHUM# 129N NtO 21/10
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      Page 43 Advertisements Column 4
      335 43 ®®saaa TKen-une VSL VOV SMGAPOfIE MADRAS MNQAPOWg WSSL VOT SOI DM 1 ran ara 2201 10-20/10 25-27/10 1243/11 TKOI SIM m 22-23/11 29-30/11 0500/11 nsu m 227K 20-27/10 02-04/11 10-12/11 ran man m 29-30/10 0047/u 13-u/n VSL VOY BMOAPORE/CALCUTTA/BMQAPOIC *SStl VOY SM CM. SM EMU mill 104 10-17/10 23-27/10 02-03/11
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      Page 44 Advertisements Column 1
      1496 44 GROUPAGE I l-IWV- iPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V w N P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 18/10 19/10 20/10 Honf Kon| Ldn/Fh/Rdm/Ant 22/10 23/10 24/10 21/10 22/10 23/10 Honi Kong G'burf/C'hafwi/S'holm/Osto 18/10
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      Page 44 Advertisements Column 2
      323 44 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKI LYT SM MULBERA 29S MPT 27/10 29/10 15/11 AUST STAR 0530 26/10 7/11 9/11 26/11 PROSPECT 21S 6/11 IS/11 20/11 6/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
      323 words
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      Page 44 Advertisements Column 3
      1128 44 THONG SOON UNES PTE. LTD. JL' 77 ROBINSON ROAD #15-00, #16-00 SIA BULDMG SVIGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARWER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL ~lwt ISTttt |>EST KSttL |WT SPOtf P. KEUIMC EQUATOR iAOE 62/92E 18
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      818 45 COMPANIA PERUANA DE VAPORES X "PERUVIAN STATE LINE" AC CEPTUG BREAKfRJLK/FCL/SOC CARGOES TO/FROM C All AO, MA TAR AM, 10* I OTHER PERUVIAN PORTS* MIH T/S AT KOBE ON CPV THROUGH BIL OF LADMG. WJV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBU.K/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA. MOR, TOKYO*,
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      Page 45 Advertisements Column 2
      602 45 ICZ3 JliL. El" N.AMERICA/CARRIBEAW SERVICES rem [wr at haano Not lai nst w wc m OR ALfIAKNNA 7X 19/10 M SMB. U M/U 25/11 29/11 1/12 1/12 m TOKOHAMA 211 29/ la 2NR KOREA S JD/U 9/12 11/12 IVI2 17/12 OR ELAT 711 ID/U OR OR UK IX 11/U 29/12
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      Page 45 Advertisements Column 3
      593 45 CONVENTIONAL SERVICE TO/FRO A) VIETNAM B) HONG KONG C) BANGKOK 0) INDIAN SUB-CONTINENT PORTS REGULAR UNER CONVENTIONAL SERVICE TO BELAWAN/JKT VOY. NO. PK BLW JKT SEA QUEEN 608 22/9 24/9 SEA QUEEN 609 28/9 29/9 SEA QUEEN 610 1/10 3/10 GULF TRAVELLER 41 5/10 11/10 GULF TRAVELLER 42 19/10 25/10
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      Page 45 Advertisements Column 4
      373 45 MONTHLY DIRECT CONTAMER SERVICE SIN TO ALGERIA ALSO CALLIHC MARSERIE/LASPEZIA TWICE WEEKLY CONTAMER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSMPMENT TO: ASEAN/AUSTR ALIA/FAR EAST MEDfTERRANEAM EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAM! 84MUM LUCKY TMMPORT A
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      Page 45 Advertisements Column 5
      401 45 SIN FM EAST 20/10 KEELUNG/KAOHSJUNG 25/10 BANGKOK 23/10 MANILA/CEBU 25/10 JAKARTA/BELAWAN/SURABAYA 19/10 PORT KELANG/PENANG/E. MALAYSIA 19/10 BUSAN 25/10 TOKYO/YOKO/KOBE/NGO/OSA 19/10 HONG KONG SjN CHINA 19/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 24/10 LDN/FLX/LVP/SOU 24/10 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary /Romania /Poland
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      Page 46 Advertisements Column 1
      773 46 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 shipping for carrying your with in house customs service and Routier goods from door to door trucks for home deliveries at co6t
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      Page 46 Advertisements Column 2
      495 46 Bonterm/ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26TH OCTOBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 18 OCT JAKARTA 18 OCT PENAN6 22 OCT PORT KELANG 22 OCT MELBOURNE 18 OCT SYDNEY 18 OCT FREMANTLE 23 OCT BRISBANE 18 OCT HAMBURG 24 OCT FELIXSTOWE 24 OCT GOTHENBURG 18 OCT
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      676 46 HNext Week's Sailings Los Angeles Manila 16/10/92 (OnfcK-wmrdiiig 18/10/92 Singapore Tel: 778 6522 Von Chan/ WW Fa*. 779 2738 Gandhi Johore Tel: 07-*****8 Fax: 07-*****3 Alfred Ng imAM* 7RAA/STL/A//C Fs\ S C S A I TKMTMULSVC i I CO IF SAW AKAItt VSL/VOY IMM If* NVK NFK MOO NLA SAV
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      1218 47 FAST TRANSIT TIME 35 DAYS ONLY SINGAPORE TO MANTA (ECUADOR) FIDO «ssa PKG KM OCEAN VESSEL l£H «TM(1) HAM(2) Nt FU SOU GOT G. Bhum -B. Seroia 16/10 14/10 NIL Hoocn/2362 23/10 7/11 8/11 10/11 11/11 9/11 10/11 11/11 *-L tochester/2128S 13/10 16/10 15/10 14/10 17/10 20/10 2/11 14/11 6/11
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      350 48 FIND YOUR KIND OF JOB IN THE STRAITS TIMES CLASSIFIED EMPLOYMENT SECTION T3J 757-1166 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SUGAPORt MAMA P*CWC 73re 19/10/92 (MOW) 25/10/92 TWO SALMGS WEEKLY VIGOUR LUZON 2NB 23/10/92 (FRI) 28/10/92 MOMMY AND FRiWY VIGOUR SttGAPORE 38NB 26/10/92 (MOW) 1/11/92 VIGOUR PACFIC 74N8
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      Page 48 Advertisements Column 2
      317 48 ■&.COSCO UKC COWVPiTIOWAL SERVICE VESSEL PKL PNQ P.O. LOAOtNO FOR: A VESSEL 28/10 Rotterdam/Antwerp CNMA CONVPmOMAt *EWVtCE VESSEL PKL PNG P.O. LOAOtNO FOR: A VESSEL 15/10 20/10 Huengpu/Quangzttou CO«CO FULL COWTAINCW SERVICEB (FCt/FCU EXPORT TO; riIiLTWAHOKOIt/t'IONOICOWO EUROPE/CONTMENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN QULF/KARACHI Plmm refer above mentioned tervice*
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      191 48 CONTAINER LINE \W Auckland AUCKLAND WEEKLY i CONSOLIDATION Inland Destinations: NEW PLYMOUTH DUN EDI N /WELLINGTON HAMILTON CHRISTCHURCH/ LYTTLETON TAURANGA/WELLJNCTON NAPIER »CWchurch Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD 133 New Bridge Road #09-06 Chinatown Point S'pore 0105 Vi cr VESSEL VOYAGE SINGAPORE PORTS OF CALL IN INDONESIA
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      Page 48 Advertisements Column 4
      39 48 ©ORIENT FREIGHT SERVICES PTE LTD C/R NO. **********0 D WEEKLY CONFIRMED CONSOLIDATIONS AND SPECIAL FCL/LCL RATES TO> BOMBAY•COLOMBO •CALCUTTA KARACHI MADRAS CHITTAGONQ ALSO ACCEPTING CARGOES TO FAR EAST/EUROPE OTHER PORTS FOR ENQUIRIES CALL US AT TEL *****92/ FAX: *****8$
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      Page 48 Miscellaneous Column 1
      458 48 TODAYS TIDES (haiflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 IMO 1900 2010 21N 2200 2301 JR 2.2 2.5 2.5 2.4 20 15 1.1 10 10 1.2 16 2.2 28 3.1 30 2.7 2.1 1.5 1.0
      458 words
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      Page 49 Advertisements Column 1
      1066 49 ▲HYUNDAI] MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA PKE+ P6D+ SH I HTM Mff' IDT HAM Bttl FtL~~j SL MAMCR JOIN 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXPLORER 302* 30/10 30/10 30/10 1/11 20/11 20/11 21/11 21/11 21/11 24/11 H. CHALLENGER 301N 6/11
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      Page 49 Advertisements Column 2
      465 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO i HEAVY LIFTS INBOUND VESSELS VESSEL MY If PI UK U TIAM UTI 44 AO SJ Ml 11/11 TAUM Kill II 11/11 a/11 SJUUSTU i i ii/ii 21/10 IS/II ITM 3 J IJ/ll NAME ICEiI 12) IS/11 Ml 21/11 MS mil I 21/11
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      Page 49 Advertisements Column 3
      754 49 JEDDAH/UK/CONTNENT |ST(ME l ED SIOR KMC rDAM UN •Mm C*fo F* UMROKWN EF 04/341 17/11 4/11 l/ll i IMI IMT I II _N D J_l J DJI. MOWn MBA 71/142 22/11 7/11 9/11 l/ll MtartUn :t. ktwm* Imtimtm. o*. N*M WESOE* 07/347 25/11 VU 11/U 1«/U 11/ II 11/11 :toal
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      Page 49 Advertisements Column 4
      137 49 »BINTMG MAS SNIPPING PTE. LTD. 39 NHL ROAD SNGAPORC 020S TEL: *****5S TLX: R*****5 SMMER FAX: *****64 Acorn rans of CARGO STOK KSTMTDM MERCURY nm. V2OE 17-20 Od 19-20 Oct Mora. Latew BMTANG SEW* V2IE 19-21 Oct 20-21 Oct M* Mri. KMtf 8011 JADE VISE 24-21 Oct 27-21 Oct Mm
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      Page 50 Advertisements Column 1
      156 50 Q How do I SAVE up to 85% of INMARSAT-A Call Costs? y\ f' HI <^-"" >f*r&i*s c i r> K 3ft?> > > »'<< *91 >' 'A' s';^-:^ »*i» V- •.'> nV Ts, r \vV <■ >v- tv'v-..... > x >*y r < >" ~A p -sv». ;-<* <5*5"
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      Page 50 Advertisements Column 2
      9 50 El Call (§)at776 5191 (Sm and ask about SATS^WE
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