The Business Times, 21 October 1992

Microfilm: NL18504
Total Pages: 52
1 52 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 Wednesday, October 21, 1992 75*
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  • NEWS SUMMARY
    • Article
      Bundesbank triggers slight decline in rates
      79 1 FRANKFURT Germany's central bank, under pressure to stop the nation from sliding into economic stagnation, yesterday triggered a slight fall in money market interest rates, signalling a possible cut in official rates by the year's end. The overnight market rate eased a shade to
      79 words
    • Article
      Clinton to maintain US troop level in S Korea
      71 1 SEOUL White House hopeful Bill Clinton has pledged to maintain the level of American troops in South Korea if he is elected president, a letter released yesterday showed. The letter contradicts a report presented to Parliament by South Korea's Foreign Ministry
      71 words
    • Article
      Higher aspirations
      30 1 INSTEAD of harping on about rising costs. Singaporeans must understand it is aspirations, not costs, that have gone up, Deputy Prime Minister Lee Hsien Loong says Page 2
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    • Article
      Looking abroad
      23 1 TELECOM Equipment Pte Ltd, a wholly-owned subsidiary of Singapore Telecom, is poised to expand its operations in the Asia-Pacific Page 2
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    • Article
      RDC quarry to close
      38 1 THE government has decided to close down Resources Development Corporation's (RDC) quarry in Gali Batu, in a move which is likely to prevent the current glut in the granite industry from worsening Page 3
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    • Article
      KL may introduce VAT
      23 1 SOME form of Value Added Tax may be introduced in Malaysia's 1993 Budget, says a tax consultant Page 10
      23 words
    • Article
      No breakthrough seen
      30 1 FRANCE has ruled out an early breakthrough in deadlocked talks to liberalise world trade, saying the US is in no position to make a deal Page 11
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    • Article
      New feeder service
      38 1 TRADE between the Asean region and Cambodia is growing so rapidly that two Singapore companies have forged a partnership to provide a new containership feeder service between Singapore and Phnom Penh. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      28 1 WALL STREET stock priccs were higher yesterday morning. After one hour of trading, the Dow Jones average of 30 industrials was up 15.13 points to 3,203.58.
      28 words
    • Article
      Footsie higher
      21 1 LONDON share prices were higher at midday yesterday. The broad-based FT-SE 100share index was up 41.0 points at 2.603.2.
      21 words
    • Article
      Venturing into Vietnam
      37 1 ESMACO Pte Ltd, DBS Land's joint venture with the Housing and Development Board, is expected to sign a contract this week to manage a major leisure complex in Ho Chi Minh City Page 4
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    • Article
      New Golden Plus board
      36 1 GOLDEN PLUS Holdings Bhd yesterday announced sweeping changes to its board of directors, signalling what analysts said could be the exit of Singapore's Goldhill Properties Ltd as its controlling shareholder Page 4
      36 words
    • Article
      Set for listing
      28 1 INDONESIA'S Sinar Mas conglomerate will list its agro-busi-ness subsidiary, PT Sinar Mas Agro Resources Technology Corp, on the Jakarta Stock Exchange next month Page 6
      28 words
    • Article
      Broker closes unit
      29 1 MONEY broker Prebon Yamane Singapore Ltd closed its US dollar-deustchemark spot foreign exchange desk last Friday and retrenched all eight brokers in the unit. Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 632.68 -1.74 Kuala Lumpur ...614.96 +2.63 Tokyo 16.987.66 +83.85 Hongkong 6.088.51 -1.40 Sydney 1,426.9 +9.3 Monday Change New York 3,188.45 +14.04 London 2,562.2 -1.7
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6120 100 Yen SS 1.3311 MS SS 0.6429 Money market rates Overnight I 1/2 unch 3-month 13/4% +3/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$342.55 US$0.30 Rubber S'pore Nov 143.50*/kg -0.50 M'sia Nov 223.50*/kg unch KL Tin Turnover 50tonnes +12 Spot MS 14.41/kg -0.18 Crude palm oil Turnover 392 lots +171 Nov MS878/tonne +5
      35 words
  • Article
    US firms in S'pore enjoy 26pc rate of return
    610 1  -  Two-thirds of US$ 1. lb earned pumped back into local operations Reports by Chuang Peck Ming SINGAPORE American multinational corporations here made a total of USSI.I billion (about SSI.7 billion) last year, or a return of 26 per cent, from their
    610 words
  • Article
    Foreign investors in US suffer bad year
    406 1 SINGAPORE Singapore investors lost US$2l million (about 5533.5 million) in the US last year, and they were not the only ones, according to the US Department of Commerce. Nearly every other nonAmerican group of investors in the US lost money, figures published in
    406 words
  • Article
    Thai position puts future of Afta council in doubt
    486 1  -  Meeting postponed indefinitely: Asean official From Yang Razali Kassim in MANILA THE Asean Free Trade Area Ministerial Council, which has been mandated to oversee the implementation of the 15-year Asean Free Trade Area plan, is in danger of being a non-starter.
    486 words
  • Article, Illustration
    Singapore-Hanoi relations will take huge leap forward soon: Kiet
    490 1  -  From Harish Mehta in HANCH SINGAPORE'S relations with Vietnam will take a huge leap forward soon when the recommendations of a high-powered Singapore infrastructure task force, which conducted a macro-economic audit of the Vietnamese economy last month, are presented to Hanoi,
    490 words
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      Page 1 Advertisements Column 1
      216 1 TEMPORARY PERMANENT PLACEMENTS £223*3362 1 Villi. k/iiipping Mummm+,*9 j i'IJO'O lUIIIIC T J A*craft Schedule 31 Jkt/Bkk/Ch.na Stocks 25 Sports 14,15 Commodities 30 KLSE 23 TV Radio 18 Company News 4,6,7 Law Page 16,17 Unit Trusts 22 Cryptic Crossword 31 Money Changer Rates 31 Weather 31 Editorial 12 Money Market
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      Page 1 Advertisements Column 2
      99 1 Officials fail to finalise list for preferential tariffs, Pg 3 Further arguments in the insider trading debate FOUR WEEKS AGO, law lecturer and Nominated MP Walter Woon wrote in BTs Law Page that Singapore's insider trading law was so wide that it was a drift net that caught all sorts
      99 words
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      Page 1 Advertisements Column 3
      141 1 j MADE IN GERMANY SCHIHF, BOUTIQUE #02-2 X RAFFLES CITY SHOPPING CTR TEL S'pore to train Viets in managing economy, Pg 3 Our Tim Sum promises to leave a foreign taste in your mouth. Jfli Sink your teeth into thdr 01(*****116 deli authentic Tim Sum cacies. Like Abalone without flying
      141 words
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  • PAGE 2 NEWS
    • Article, Illustration
      Aspirations have risen, not cost of living: BG Lee
      508 2  -  By Anna Teo SINGAPORE Instead of harping about rising costs, Singaporeans must understand it is aspirations, not costs, that have gone up. Deputy Prime Minister Lee Hsien Loong said. The cost of living, especially for the lower-income group, has been stable
      508 words
    • Article
      Let care and help be race-blind: PM
      174 2 SINGAPORE Mutual care and help should cut across communities, and this practice should be extended to self-help bodies. Prime Minister Goh Chok Tong said last night. Speaking at a fund-raising dinner for the Chinese Development and Assistance Council (CDACX he said that by
      174 words
    • Article
      STV to reduce paid-up capital by $240m
      401 2  -  By Quak Hiang Whai SINGAPORE Stateowned Singapore Technologies Ventures Pte Ltd (STV) will reduce its paid-up capital by more than half, or $240.6 million, to recognise the group's accumulated losses. STV, one of the five main divisions of Singapore Technologies Holdings (STH), filed
      401 words
    • Article
      Telecom Equipment preparing to go regional
      319 2  -  By Ramesh Divyanathan SINGAPORE Telecom Equipment Pte Ltd, a whollyowned subsidiai7 of Singapore Telecom, is poised to expand its operations in the Asia-Pacific region. Tew Boon Kui, the general manager of Telecom Equipment, said: "We are at the stage of preparing for regional expansion
      319 words
    • Article
      S'pore is first Asian nation to certify IT industry
      293 2  -  By Claire Leow SINGAPORE The Republic will become the first Asian country to implement ISO international quality standards in information technology. The move has been made possible under the Sisir-NCB ISO 9000 Certification Scheme, forged by the National Computer Board and
      293 words
    • Article
      TDB extends aid scheme to IT firms
      156 2 SINGAPORE Software companies can seek financial assistance from the Trade Development Board in obtaining international certification for their products. The TDB said yesterday that it had extended the Certification Assistance Scheme (Certas) to information technology firms to meet the growing demand from overseas
      156 words
    • Article
      S'pore to train Vietnamese in managing economy
      332 3  -  From Harish Mehta in HANOI VIETNAM wants to have its Soviet-trained economic policy managers and corporate executives re-trained by Singapore in managing a developing economy, said Vietnamese Foreign Minister Nguyen Manh Cam. In a 45-minute interview with Business Times and two visiting Singapore
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    • Article
      Lock icon N Korea wooing foreign investors with new law
      203 3 Reuter TOKYO North Korea yesterday unveiled its first law on foreign investment, laying down a red carpet for high-technology industries. The Korean Central News Agency said the 22-clausc document had been adopted on Oct 5 by the standing committee of the Supreme
      Reuter  -  203 words
    • Article
      Norwegians here to question Khamis
      349 3  -  Probe into letters of credit issued by Christiania Bank By Dawn Tan SINGAPORE Norwegian investigators have arrived in Singapore to question former Marina Village owner Elyamani Khamis over $72 million letters of credit issued to him by Norway's Christiania Bank. The investigators, who arrived on
      349 words
    • Article
      Lock icon Patten gets icy welcome on first visit to China
      288 3 AFP BEIJING China gave an icy welcome to Hongkong Governor Chris Patten as he arrived for his maiden visit yesterday, accusing him of using deception to try to bring more democracy to the British colony. Lu Ping, director of the State
      AFP  -  288 words
    • Article
      Officials fail to finalise list for preferential tariffs
      386 3  -  Run-up to Asean Ministerial Meeting From I Al Labita in MANILA ASEAN senior economic officials have failed to come out with a clear consensus on the list of products to be included in a planned free trade scheme which starts in January.
      386 words
    • Article
      Govt closing RDC's Gali Batu quarry to release land for devt
      332 3 SINGAPORE The government has decided to close down Resources Development Corporation's quairy in Gali Batu in a move which is likely to prevent the current glut in the granite industry from worsening. The National Development Ministiy yesterday said the
      332 words
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      Page 2 Advertisements Column 2
      286 2 Business within easy reach, 44 times a week. Singapore Jakarta If you're a business traveller to Jakarta, youll be in good hands with Garuda Indonesia. That's because we have 44 flights to Jakarta every week at very convenient times. With up to 8 flights daily, youH enjoy superb comfort whether
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      385 3 NANYANG TECHNOLOGICAL UNIVERSITY MBA 1,1111 HI 11 ll Applications are invited for admission to the MBA Programme for the 1993-94 academic year ********** ijl zEzzEEEz commencing 5 July 1993 leading to the following degrees: jfflTMT| MBA (ACCOUNTANCY) Mfflffi MBA (BANKING AND FINANCE) MBA (BUSINESS LAW) MBA (HOSPITALITY MANAGEMENT) MBA (MANAGEMENT
      385 words
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      Page 3 Advertisements Column 2
      176 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. .-d2 K The ultra-slim watch Expressing the essential. The first masterpiece in the art of watchmaking is portrayed by ideal perfection in the mechanical watch. The discreetness of the dial and the simplicity of its
      176 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        SPP settles last of three lawsuits against it
        118 4 SINGAPORE Construction and manufacturing company SPP Ltd has settled the last of three lawsuits against it, clearing the way for it to step up regional investments. A statement issued by the company, which is a partly-owned subsidiary of Tuan Sing Holdings Ltd,
        118 words
      • Article
        Heshe replies to SES query
        105 4 SINGAPORE Heshe Holdings Ltd has responded to the second query from the Stock Exchange of Singapore on the shortfall in its earnings for the year ended June 30. It had reported a pre-tax profit of $7.7 million, instead of $10.2 million as forecast. Heshe initially
        105 words
      • Article
        L&G sells Subang Jaya land
        79 4 KUALA LUMPUR Land General Bhd has announced the sale of 1.46 hectares of vacant freehold commercial land in Subang Jaya for M 525.09 million (S$ 16.1 million) in cash to Magnificent Diagraph Sdn Bhd. Explaining the rationale for the sale, managing director Nik Mahmood Nik
        79 words
      • Article
        Provisions Suppliers' tie-up
        88 4 SINGAPORE Food distributor Provisions Suppliers Corporation has tied up with two Chinese parties to form a joint-venture subsidiary in Singapore. The investment holding company, Fortune Bright Investment Pte Ltd, is 51 per cent owned by PSC, 44 per cent by the China Ever Bright Real Estate Development
        88 words
      • Article
        Guthrie seeks TSR amendments
        78 4 SINGAPORE The directors of Guthrie GTS Ltd have asked its transferable subscription rights holders to approve the proposed amendments to the terms and conditions of the TSRs. The amendments seek to convert the trading of TSRs into a scripless system. They also provide for adjustments to
        78 words
    • Article
      DBS Land-HDB venture wins Viet landscaping deal
      332 4  -  From Harish Mehta in HANOI A JOINT-VENTURE company owned by DBS Land Ltd and the Housing and Development Board (HDB) is expected to sign a contract this week to undertake a major landscaping and beautification job for a 25-hectare hotel and leisure development
      332 words
    • Article, Illustration
      Subang fire takes huge chunk out of MAS earnings: report
      290 4  -  By Dexter Lee SINGAPORE Malaysian Airline System Bhd (MAS) has incurred heavy losses in earnings following the disruption of its services by the recent fire at the Kuala Lumpur International Airport control tower, Bernama said in a report yesterday. "We
      290 words
    • Article
      Lock icon ASM in tie-up to buy Sabah Gas for M$84m
      293 4 Bernama KUALA LUMPUR Amalgamated Steel Mills Bhd, Malayawata Steel Bhd and Southern Iron and Steel Works Bhd have teamed up to take over Sabah Gas Industries Sdn Bhd for a cash consideration of MsB4 million (5553.7 million). The transaction with the
      Bernama  -  293 words
    • Article
      GoldhiU Prop may have sold Golden Plus stake
      519 4  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Golden Plus Holdings Bhd has announced sweeping changes to its board of directors, signalling what analysts believe could be the exit of Singapore's Goldhill Properties Ltd as the controlling shareholder of the quarry and manufacturing
      519 words
    • Article
      CSH in Guardian franchise deal with Indonesia's Rajawali
      312 4  -  By Kooi Cho Teng SINGAPORE Cold Storage Holdings has negotiated a Guardian chemist shop franchise with Indonesia's Rajawali group after an earlier informal arrangement which gave Rajawali the right to use the Guardian name for a nominal fee. During the two and
      312 words
    • Article
      Aokam-Golden Plus tie-up: Investors should tread carefully
      673 4  -  THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE Market players have been excited by talk that fast-growing timber group Aokam Perdana Bhd is making a bid for quarry-cum-property company Golden Plus, and the rumours have caused the share prices of both companies
      673 words
    • COMPANY BRIEFS
      • Article
        Ssangyong seeking Viet cement joint venture
        85 6 SEOUL South Korea's Ssangyong Cement Co is seeking to set up a joint-venture cement plant in Vietnam that will cost up to US$3OO million (Ss4Bo million), a company official said yesterday. Ssangyong and the Vietnamese Construction Ministry were discussing details of the project, including
        85 words
      • Article
        More Tokyo kickbacks exposed
        117 6 TOKYO A securities industry association will reveal later this week that some 20 brokerage houses paid more than US$BO million (S$ 128 million) in previously undisclosed kickbacks to favoured clients, a mass circulation daily newspaper reported yesterday. Japan's Big Four brokers Nomura, Daiwa, Nikko and Yamaichi
        117 words
      • Article
        Indian brokers' assets seized
        76 6 NEW DELHI Indian revenue officials have seized more than US$2 million (553.2 million) worth of assets from stockbrokers in recent raids conducted across India, the Press Trust of India said on Monday. Many of the brokers were suspected of being involved in India's US$l.3 billion scam
        76 words
      • Article
        Bonds from Chinese power firms
        92 6 HONGKONG Seventeen related Chinese power firms will issue US$2lO million (***** million) in bonds later this year, the official China Daily said yesterday. The firms need the funds to expand output in order to keep pace with China's rapid economic growth, estimated at 9 per
        92 words
    • Article
      Sinar Mas to list its agro-business unit
      441 6  -  From Maggie Ford in JAKARTA INDONESIA'S Sinar Mas conglomerate will list its agro-business subsidiary, PT Sinar Mas Agro Resources Technology Corp (PT Smart), on the Jakarta Stock Exchange next month. It will offer 30 million shares in the company to investors at 3,000
      441 words
    • Article
      Lock icon State firms lead list of top Manila companies
      270 6 AFP MANILA State-owned and controlled firms led by oil refiner and dealer Petron were the Philippines' biggest corporations in terms of turnover in 1991, the Business World newspaper said yesterday. But the daily, which publishes an authoritative annual list of the country's
      AFP  -  270 words
    • Article
      Lock icon Trafalgar willing to give HK Land only one board seat
      327 6 FT LONDON Trafalgar House, the UK property, construction and engineering group, was to tell Hongkong Land yesterday that it is only willing to appoint one of the company's directors to the board. Hongkong Land, the property and development group which
      FT  -  327 words
    • Article, Illustration
      Business Woman award for librarian
      49 6 SYDNEY Alison Crook, librarian of the New South Wales State Library, was awarded the title of Australian Business Woman Of The Year yesterday. She introduced corporate strategies and increased productivity at the library, making it one of the most innovative and entrepreneurial in Australia.
      49 words
    • Article
      Lock icon Japanese retailers post weaker interim earnings
      356 6 Asahi TOKYO The recent sluggishness of the Japanese economy was reflected in the earnings reports released last week by major department store chains. Takashimaya Co, an Osa-ka-based department store chain, recorded its first sales decline for a six-month period since 1949, when it became
      Asahi  -  356 words
    • Article
      Lock icon Hanson to buy Aussie mining business for US$200m
      161 6 AFP LONDON Conglomerate Hanson pic has agreed to buy the Australian mining activities of the British Costain construction group for US$2OO million (SS32O million) and to assume debts of US$lO2 million, it announced yesterday. The purchase has been carried out through Peabody
      AFP  -  161 words
    • Article
      Lock icon US shareholders set to be more aggressive under new SEC rules
      523 7 Reuter WASHINGTON Big shareholders are likely to flex their muscles more and push for change at struggling US companies after federal regulators last week gave them new weapons to challenge management, shareholder groups and experts agreed on Monday. That
      Reuter  -  523 words
    • Article
      Lock icon US media giants' profits for 3rd quarter up
      316 7 Heavy debt burden takes toll on Time Warner Reuter NEW YORK Three of America's media giants reported improved earnings on Monday, overcoming a sluggish economy that has weighed heavily on the industry. Time Warner Inc, the world's largest media company, earned US$6
      Reuter  -  316 words
    • Article
      Lock icon IBM launching new low-cost Valuepoint PCs
      339 7 Reuter NEW YORK International Business Machines Corp was expected yesterday to unveil its long-awaited Valuepoint personal computer line, a low-cost line aimed at corporate customers looking to spend less on PCs. Analysts said they expected IBM to distribute the line through a variety of
      Reuter  -  339 words
    • COMPANY BRIEFS
      • Article
        Apple to make PCs in India
        86 7 New Delhi Apple Computer International Ltd has announced plans to manufacture its Macintosh LC II personal computers in India in a bid to enlarge its presence in the country and take a greater slice of the computer market. A statement from Apple on Monday
        86 words
      • Article
        US mergers up, value down in 3rd quarter
        83 7 SCHAUMBURG, Illinois The number of mergers and acquisitions announced by US companies rose 36 per cent in the third quarter, but the total value of the deals fell 29 per cent from a year ago, according to Merrill Lynch's Business Brokerage and
        83 words
      • Article
        Warning over Bonn's drug plans
        103 7 FRANKFURT The director of Germany's pharmaceutical industry association (BPI) has said that the government's plans to cut pharmaceutical costs may not only backfire but could threaten the existence of at least 60 companies. Hans Ruediger Vogel told a news conference on Monday after an extraordinary
        103 words
      • Article
        Rome to pay state firm's debts
        102 7 ROME Italy has tried to end a damaging row with foreign banks by saying it will pay some debts of state holding company Efim, which owes foreign lenders about four trillion lira (554.9 billion). The giant conglomerate's debts and the row over how they
        102 words
      • Article
        Thomson hopes to avoid payment
        105 7 PARIS Thomson-CSF finance director Alain Hagelauer says the French defence electronics company hopes to avoid paying LTV Corp US$2O million (Ss32 million) following the withdrawal of its bid for LTV's missiles division in July. "We have great hopes not to have to pay at least
        105 words
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      88 4 F IN THE MARKET PAGESI HKSE rally winds down 26 Nikkei still below 17,000 26 I POLISH AIRLINES I your best choice I twice weekly to the I heart of Europe I Warsaw Poland I £> f B HUM C\ WARSAW a«n -y* CotogrWßcxYi Pnqj, L S* "f SINGAPORE* Effective
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      395 6 H BgIBBB H WOMEN ENTREPRENEURS DEVELOPMENT MIOMAMIU I l|" A certificate programme specifically designed for would-be women entrepreneurs 1 P and women entrepreneurs in the early stages of venture creation and development. I Format: Pound-fable sessions where portidpanfc are encouraged to freely interact I 1 with resource persons comprising Nanyang
      395 words
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      Page 6 Advertisements Column 2
      20 6 (Established 1933) Lower Lobby, Shangri-La Hotel. Tel: 235 7692 #03-09, Westin Plaza. Raffles City. Tel: 338 0819 Fax: 65-33*7 3244
      20 words
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      277 7 Real estate has been known to make millionaires out of ordinary folks and billionaires out of millionaires. But, before you go out and take a dive into the speculation habit, you should know that it has also been known to make paupers out of millionaires. How do you invest in
      277 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Unibank to lay off 1,700 amid losses
        94 8 COPENHAGEN Unibank, Denmark's second largest bank, is to lay off 1,700 of its 12,000 workers during the next two years because it now expects a 1992 net loss of four billion kroner (SSl.l billion), compared with a loss of 1.7 billion kroner in
        94 words
      • Article
        6 CIS states apply to join ADB
        71 8 MANILA Six republics of the former Soviet Union have formally applied for membership in the Asian Development Bank (ADB), bank officials said on Monday. The six, which are now members of the United Nations, are Azerbaijan, Kazakhstan, Kirghiziya, Tajikistan, Turkmeniya and Uzbekistan. ADB
        71 words
      • Article
        AMB shrugs off bid for BfG
        78 8 FRANKFURT Financial holding company AMB has discussed the sale of a majority stake in BAG Bank AG to a German industrialist, but said the Berlin-based bakery group owner is not a serious contender. News of the discussion emerged on Monday amid reports that months
        78 words
      • Article
        Single unit may hurt EC banks
        63 8 BRUSSELS Banks in the European Community may well find their incomes down by 5 per cent and charges rising if the EC shifts to the use of a single currency, Paribas Belgique bank said in a study issued here on Monday. It says such
        63 words
    • Article
      Prebon Yamane closes US$-DM forex desk
      326 8  -  By Paul Leo SINGAPORE Money broker Prebon Yamane Singapore Ltd closed its US dollar-deutschemark spot foreign exchange desk last Friday and retrenched all eight brokers in the unit. The desk quoted the greenback's buying and selling prices against the mark for delivery two working
      326 words
    • Article
      Lock icon US bank troubles not over yet: FDIC chief
      315 8 Reuter BOSTON The US banking industry is poised for record 1992 profits, but with more than 200 banks failing this year and next the industry's troubles are far from over, the head of the FDIC said on Monday. "I hope the banking
      Reuter  -  315 words
    • Article
      Thai Oil tapping markets for US$200m
      357 8  -  By Dawn Tan SINGAPORE Thailand's largest oil refiner, Thai Oil Company, is tapping the international capital markets for at least US$2OO million (Ss32o million), after borrowing at least US$4OO million in the last year, sources in Hongkong said. A group of seven or eight
      357 words
    • Article
      Lock icon Banks turning to technology as consumers seek more convenience
      520 8 Bloomberg BOSTON Banks, not generally perceived as progressive institutions, are embracing technology to improve service, acknowledging they have little choice if they want to hold on to their increasingly computer-literate customers. Customers accustomed to the speed and convenience of automated teller
      Bloomberg  -  520 words
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      179 8 m <JB fe-: jhbhma^ MB pHR: iM hit;« V ,J| ufjjp |g 1 WM Wk w -sf* Jf, i* v JL f mm H^. ■"'"Wkr-; ,> JMlfl oMHfiBF HMh I. r JM W HMMIMWMfe»ifr.-: *1 J F^ J* M, m^^^Bßßu^3 i MSSflfy-'-Cy I TiTF*! L myM%] r j|i k 1
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      Page 8 Advertisements Column 2
      65 8 THE REGAnA HOTEL COMPLEX CASHFLOW REDEVELOPMENT OPPORTUNITY 560 Hay street /101 Murray Street within 80 metres Hay Murray Street Malls Central city location at the heart of the major retail shopping precinct Land area *****qm offering. 4 level. 74 room 2 star hotel seperate adjoining taverns bars, bottle shop, dining
      65 words
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      184 9 Fortunately, one air express company has made a departure from the rest. Mf"i w <-: M* sgy d#r f?- Br w d 0 <dflß 3 'v^&^Z&jPjt' B( V >V'' ~V ".t^y ~s k &#msk r>' z w r:r BBHiillißi Most air express aircraft. Our EXPRESSfreighter flights take off when we
      184 words
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  • THE REGION
    • Article
      Lock icon KL may have VAT in '93 Budget: expert
      357 10 Bernama KUALA LUMPUR Some form of Value Added Tax (VAT) may be introduced in the 1993 Budget, a panel discussion at the Malaysia Institute of Economic Research's Sixth National Economic Briefing was told yesterday. VAT is generally a tax applied at each
      Bernama  -  357 words
    • Article, Illustration
      M'sia driving ahead with palm oil
      61 10 KUALA LUMPUR A Mercedes-Benz 190 D that runs on crude palm oil is taken for a test drive by a senior research officer at Malaysia's Palm Oil Research Institute. The car, which has a German Fisbatt engine, was undergoing tests at the institute yesterday
      61 words
    • Article
      Lock icon M'sia may need up to 5 private power producers
      376 10 Reuter KUALA LUMPUR Malaysia may permit up to five private companies to generate electricity by the end of the decade when power demand is expected to double, the country's energy minister said yesterday. "We will need five independent power producers (IPPs)
      Reuter  -  376 words
    • Article
      Lock icon Australian opposition unveils radical policy on industrial relations
      351 10 AFP SYDNEY Closed shops, compulsory arbitration and the standard 38-hour, fiveday Monday to Friday work week will disappear under a radical industrial relations policy announced yesterday by Australia's conservative* opposition. Instead, there would be individual, legally binding workplace contracts with guaranteed minimum
      AFP  -  351 words
    • NOTE BOOK
      • Article
        Thai tribunal to rule on amnesty
        93 10 BANGKOK Thailand's Constitutional Tribunal has been directed to rule on a controversial amnesty decree and whether the generals it protects can be prosecuted for ordering the bloody May crackdown. Prime Minister Chuan Leekpai said yesterday. He said his 48-member Cabinet voted unanimously to hand
        93 words
      • Article
        Dr M raps plan to expand Nafta
        88 10 TOKYO Malaysian Prime Minister Mahathir Mohamad has criticised a plan to expand the North American Free Trade Agreement (Nafta) to some Asian countries but not Japan, the Nihon Keizai Shimbun said yesterday. In an exclusive interview with the daily, he said he was
        88 words
      • Article
        Blasts a bid to hurt govt: Chuan
        63 10 BANGKOK Prime Minister Chuan Leekpai was quoted as saying yesterday that two recent bomb attacks in the Thai capital were attempts to discredit his government. He said on Monday that he did not believe the bombing at the Burmese embassy on Sunday and
        63 words
      • Article
        West urged to stop meddling
        95 10 JAKARTA The West should stop its impolite meddling in the internal affairs of developing countries and realise there is no perfect system of government, Indonesia's defence minister was quoted yesterday as saying. "In relations with developing countries, the West seems to pay little attention to
        95 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      238 10 (J|g) SAMIYO IT MAKES ANYTHING ON VIDEO LARGER THAN LIFE. ■r jT^ Y &t£l&&&tf- fcgwwWjj|f We're referring of course to the remote control (which, incidentally, Sanyo Colour Video Projector, the operates virtually all the Sanyo PLCA lightweight, luggable projector S| \IJjV And because it is multi-system that takes you one
      238 words
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  • THE WORLD
    • Article, Illustration
      Lock icon France rules out early breakthrough in Gatt talks
      394 11 US not in a position to make deals now: minister Reuter LUXEMBOURG France has ruled out an early breakthrough in deadlocked talks to liberalise world trade, saying the US is in no position to make a deal. French Finance Minister Michel Sapin,
      Reuter  -  394 words
    • Article
      Lock icon America warns Japan to buy more US goods or face retaliation
      341 11 Reuter WASHINGTON Commerce Secretary Barbara Franklin said on Monday that Japan must change its trading practices and buy more American goods or face the threat of retaliation. Ms Franklin, speaking a week after Tokyo reported a record trade surplus
      Reuter  -  341 words
    • Article
      Lock icon VAT deal takes EC closer to borderless market
      314 11 AP LUXEMBOURG European Community finance ministers have taken a big step towards creating the borderless market of 12 EC states by next year by approving the single market rules on Value Added Tax (VAT) and excise duties. During the final hours of
      AP  -  314 words
    • Article
      Lock icon 'Clintonomics' neither liberal nor conservative, say advisers
      385 11 (^PRESIDENTIAL Mm? Reuter WASHINGTON Presidential front-runner Bill Clinton has gathered an eclectic group of economic advisers who believe they have found a third way to promote growth that's neither liberal nor conservative. "Rebuilding prosperity will require a programme that goes beyond left and
      Reuter  -  385 words
    • WORLD WATCH
      • Article
        UK women's pay gap near worst in EC: study
        84 11 LONDON The gap between pay for men and women is bigger in Britain than almost anywhere else in Europe. The government Equal Opportunities Commission said yesterday that 52 per cent of women worked in Britain more than in any other European
        84 words
      • Article
        Bosnian Muslims change stand
        70 11 SARAJEVO Bosnian Muslims agreed on Monday to reorganise the republic of Bosnia-Herzegovina along geographic and economic lines but refused to accept any ethnic divisions. The shift in policy came as international negotiators met in Geneva to try and end Bosnia's seven-month civil war. Bosnia's Muslim foreign
        70 words
      • Article
        German march against racism
        47 11 BONN An officially-supported national demonstration against racism is to be held in Berlin on Nov 8, the first since the country was shaken by xenophobic attacks a year ago. All of Germany's major political parties have called their supporters to back the march.
        47 words
      • Article
        Green Party founder found dead
        51 11 BONN The founder of the Green Party in Germany and her longtime companion were found dead in their house here on Monday night. The investigating prosecutor said yesterday that the Green Party founder, Petra Kelly, 44, and Gert Bastian, 69, had been dead for some
        51 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      18 11 I EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments or Notices. cafl toll-free 737-0043 8 Business Times
      18 words
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      Page 11 Advertisements Column 2
      264 11 TOT The University (H| I of South Australia Graduate School of Management Ranked Top 2, together with University of London and University of Manchester, in terms of Standard and Student Quafity in "Suchard's Top Business Schools'. Source: 'Where to Get the Best Business Degrees' published by The Bulletin dated 27
      264 words
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      Page 11 Advertisements Column 3
      401 11 CANON THE NAME YOU CAN TRUST CANON FULL COLOUR LASER COPIER CLC2OO 300 Smm Impress your clients with full colour presentation and have an edge over your competitors 50* -400* zoom Prompt and efficient after saie6 service Rental $209 per month Include maintenance and servicing Copier/Fax rental from $65. Ful
      401 words
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  • Article
    Sticking with COEs
    485 12 EDITORIAL THE uncertainty is finally over. Car distributors and prospective owners must be beaming in the knowledge that in the 12 months starting from December, there will be more Certificates of Entitlement (COE) up for grabs. This should ease COE prices in the months ahead. Meanwhile, the
    485 words
  • WHAT THE OTHERS SAY
    • Article
      Flying under MNC wings
      290 12 IN THE first half of this year, $1.7 billion was committed in new manufacturing investments, with 83 per cent coming from foreigners. Do not forget, too, that although foreign companies here make up less than 25 per cent of the total number of companies, they account
      290 words
    • Article
      Censorship guidelines
      100 12 THE proposed new guidelines on censorship reflect the general attitude of Singaporeans towards conservatism. However, the guidelines presented by the Censorship Review Committee also give due consideration to works of aesthetic values with the aim of not stifling creativity. This is a sensible approach but poses difficulties in
      100 words
    • Article
      Strict standards for TV
      111 12 SINGAPORE only has one TV station and competition is not keen. What is worrying is that when there is more than one station, competition may lead to the screening of more sensational programmes to increase viewership and children will come into contact with undesirable programmes. The
      111 words
  • REGIONAL VIEWPOINTS
    • Article
      China the big dragon?
      165 12 THE 14th Congress of the Chinese Communist Party came to an end with the adoption of a political report calling for the building of a "socialist" market economy and a decision on the changing of the guard, bringing in younger officials. Changes in the political system
      165 words
    • Article
      After the congress
      168 12 INDEED, if there was anything remarkable about the 14th Party Congress, it was the consensus among the different factions on the need to maintain the party's absolute monopoly on power. It is unlikely the question of liberalisation in social and political matters will be addressed until the
      168 words
    • Article
      Start talking peace
      179 12 THE most elusive pursuit in the world is how to find or keep peace in the volatile Middle East region. Then the wise men of the Western nations hit upon the idea of bringing the enemies to the table to lay their cards down, to try to
      179 words
  • Article, Illustration
    Lock icon The bancassurance beast rears its head
    851 12 Europe's banks and insurers are spawning new conglomerates, veritable financial monsters which regulators may find difficult to control The Economist ANEW animal may soon be stalking financial Europe. On Oct 12, shareholders in Holland's Internationale Nederlanden Groep (ING) gave its executives permission to bid
    The Economist  -  851 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      82 12 (j"ulf Air flies non-stop from Singapore to Whether you choose to fly first, Sydney every Tuesday, Thursday and business or economy, you'll travel in Saturday, and onward to Melbourne. All comfort and style, enjoying our traditional flights depart at 10:05 a.m., arriving in hospitality. Sydney at 8:40 p.m., and in
      82 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      29 12 DOONESBURY GARRY TRUDEAU atuiAßY vrV/ POUT MNP HZ MR. wiv? THE MATT, COMi WJ WU9E MYUTTIS MAS A MAMA, rw/HA IMHcftc-. SORKr l SUNSHINE' HERB, GOT GETTIN /VM/y* maa/i
      29 words
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  • ANALYSIS
    • Article
      Lock icon A threat to each other and everyone else
      802 13  -  The growing rivalry between China and Japan can spark off a harmful arms race in the region, warns Michael Richardson Michael Richardson IHT WHILE Japan and China say they want to strengthen ties through the visit of Emperor Akihito to Beijing that
      IHT  -  802 words
    • Article, Illustration
      China's change of heart
      1104 13  -  After arousing the ire of Western companies with its low fees for launching satellites, China appears to have changed its position. Brian Jeffries reports Brian Jeffries The writer, the founder and editor of Asia Pacific Space Report, contributed this article to BT CHINA, which sparked a
      1,104 words
    • Article
      Lock icon Western democratic ideal not necessarily Asia's
      1026 13  -  The West applies double standards when it comes to democracy and human rights in Asia. But this is where Asean can help, writes Kishore MahbuDani Kishore Mahbubani The writer is a deputy secretary in the Singapore foreign ministry and the views expressed here are
      IHT  -  1,026 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      69 13 Invest in Australia's strongest commercial property market. 64 Northbourne Avenue For A 20.5 m Expressions of interest close on Tuesday 24th of November 1992. Prominent CBD comer location. Reversionary income. Fully leased. Vendor finance available. Depreciation allowance available. JIMMY LEE JIM WILLIAMS 223 2323 220 3888 Jones Lang WboOm 11
      69 words
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  • SPORTS 1
    • Article, Illustration
      Krabbe gets reprieve from club
      475 14 No decision on expulsion until world champion appeals against doping ban NEUBRANDENBURG, Germany Double world sprint champion Katrin Krabbe's German club has put off a decision on expelling her until she has appealed against her four-year doping ban. The Neubrandenburg athletics club said after a
      475 words
    • Article
      Lock icon Rookie puts Higgins name back in limelight
      336 14 AFP READING, England One of snooker's most famous names was back on the victory trail on Monday but it was 17-year-old John Higgins, and not Alex the Hurricane, who caught the eye. The rookie professional from Glasgow broke Stephen Hendry's six-year record on
      AFP  -  336 words
    • Article
      Lock icon Bradman partly to blame for players' defection: Chappell
      343 14 AFP MELBOURNE Former Australian Test captain lan Chappell has accused the great Sir Donald Bradman of contributing to the player dissatisfaction that sparked their defection to World Series Cricket (WSC) in 1977. WSC was the creation of media magnate Kerry Packer which
      AFP  -  343 words
    • SIDE LINES
      • Article
        Leconte beats Svensson
        84 14 LYON, France Henri Leconte returned to the scene of his greatest glory and rallied to beat Jonas Svensson 4-6, 6-3, 7-6 (7-3) on Monday in the first round of the US$6OO,OOO (*****,000) Lyon Open tennis tournament. Last December, Leconte led France to an upset over the US
        84 words
      • Article
        Mansell's biggest challenge
        108 14 MONTEREY, California Nigel Mansell sees his conversion to Indycar racing as the biggest challenge in his motor racing career. "It's all new cars, all new engines, all new circuits. But I'm pretty motivated by it all. It's the greatest challenge in my driver's career," the 39-year-old Briton
        108 words
      • Article
        Italians out of America's Cup
        74 14 MILAN Italy's Ferruzzi-Montedison conglomerate said on Monday it would not take part in the next America's Cup yachting challenge in 1995. The food-to-chemicals group said it was also withdrawing its sponsorship of the Virtus Bologna basketball team as part of a cost-cutting exercise. "The decisions
        74 words
      • Article
        Interpolis tournament reaches q-final stage
        130 14 TILBURG, Netherlands After 12 days of battle, the Interpolis chess tournament reached the quarter-finals on Monday as most of the seeds won through. Top-seeded Vassily Ivanchuk of the Ukraine won through to the last eight in spite of being taken to a tie-break against Yassar
        130 words
    • Article, Illustration
      Lock icon Yen and women for Japanese soccer
      669 15 Reuter TOKYO A heady brew of corporate money and frenzied female fans is fuelling a boom in Japan's newest professional sport soccer. Record crowds are packing grounds for a 10-team championship with prize money of 50 million yen (*****,000) before the start of the
      Reuter  -  669 words
    • Article
      Lock icon S Korea to offer to host World Cup with North
      345 15 AP SEOUL South Korea will formally offer to co-host the 2002 World Cup soccer championship with rival North Korea, a government report said yesterday. The Sports Ministry report to the National Assembly said joint Korean sponsorship would boost chances of
      AP  -  345 words
    • Article, Illustration
      Lock icon European soccer riding on African strengths
      733 15 Leader of the pack is Paris St Germain's George Weah AFP PARIS Diego Maradona and Ruud Gullit may grab the headlines, but African footballers now keep many European teams at the top of the pile. While millionaire strikers like Jean-Pierre Papin and Rudi Voller
      AFP  -  733 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      668 14 SSWearnes QS Beethoven tango in Multimedia WearnesTechnology is awarded the Singapore Informatics '92 Blue Ribbon Award for two of their innovative and locally-designed products Amadeus and Beethoven. Introducing a state-of-the-art multimedia tool which combines fS^SSaI computer, consumer and communication technology into one compact and the world's first 16-bit upgradeable audio
      668 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      110 15 1. 23 OCTOBER 1992 CNC MACHINE TOOLS 2. 24 OCTOBER 1992 AVANTE GARDE DESIGN FURNITURE FITTINGS 3. 24-26 OCTOBER 1992 EXHIBITION SALE FOR ORIENTAL CARPETS AND RUNNERS 4. 25 OCTOBER 1992 PERSIAN RUGS LIQUIDATION 5. 21 22 NOVEMBER 1992 CHINESE ART AND ANTIQUITIES FOR DETAILS CONTACT W DOMINION nw—l mmmmm
      110 words
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      Page 15 Advertisements Column 2
      17 15 llff andgeF FAST EFFECTIVE RELIEF! Sole Distributor: Sunmnit Co (S) Pte Ltd Available at all lading pharmacies.
      17 words
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      Page 15 Advertisements Column 3
      344 15 gj A f* 1 1 After a hard day in the business jungle, you may like to talk to our j headhunter. ••ft 1- .-5. r 1 There's no better base for adventures in the business jungle than Hyatt Kinabahi. A superb location and outstanding executive fecilities, make staying at
      344 words
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  • THE LAW PAGE 1
    • Article
      Insider trading revisited: a response
      1943 16  -  Walter Woon is still convinced that our insider trading legislation can be improved. This article, a reply to criticisms of an earlier one he wrote, has a response in the facing page. Walter Woon The writer is vice-dean of the National University of Singapore's law
      1,943 words
    • Article
      The law is not an ass
      2189 17  -  Koh Beng Seng says the law on insider trading is complex, and over-simplification of the issues does not promote insight into the problem. Koh Beng Seng The writer is deputy managing director of the Monetary Authority of Singapore THREE weeks ago, I argued in
      2,189 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      169 16 Within the spacious interior of the new Jaguar XJ6, all is distinctive luxury and comfort. Sumptuous, hand-sewn leather upholstery and mirror-polished walnut veneers convey all the richness and elegance you would expect of the world s most sought-after marque. Such uncompromising quality is fully matched by the choice of 3.2
      169 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      259 17 I For lawyers in a last minute rush, we're the first people to I contact. From Court Record Sheets to High Volume Copying I and Binding, Prontaprint has everything you need. And if you I need to summon more business, we design and print Client I Bulletins, Newsletters, Corporate Profiles
      259 words
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      Page 17 Advertisements Column 2
      89 17 RIGHT WAITING FOR Wherever you I Omni Hotel always a warm, i| IJi^B 1I experience. Because staff have < I shows many to be on the the Centre to type an anything else. That's why so many i iiiiliiilii'flfißiiWHßßWMßßHraßlßßßßßjßM guests can't wait IN SINGAPORE Omni© Marco Polo Hotel IN HONG
      89 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1107 18 maHNoll ling Beats A Bud, Iftiffinfl where to wine, dine OF GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. RING
      1,107 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      624 18 TELEVISION AND RADIO WVipn Horn/ mat ***** zz r*ys? sysrss asbusiness on raoo zz YY iioii) inti. U. r hc job dtv. r—lL day when he meets Ustaz 5.55 Tedav ia Mstarv <MV /.WMBI, 1-JWpW, D.MDpm, iioam. HiQBH P Hsron, a Jedi master (Part 2, 6.00 Jto^MalNm (M). VHF bod
      624 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sonic boom at the movies
      902 19  -  It has been 65 years since the first 'talkie' motion picture. Nigel Andrews looks at how far sound effects have come since A 1 Jolson's Mammy days Nigel Andrews FT WE ALL know what happened in 1927. Audiences were struck dumb by the sight of
      FT  -  902 words
    • Article
      Lock icon The feisty wives of Henry VIII
      587 19 Reuter urv IVORCED, beI headed, died, divorced, beheaded, survived." Generations of schoolchildren have used this simple rhyme to remember the fates of the six wives of Henry VIII, the 16th-century English king whose reign provided one of the most colourful chapters in the ongoing
      Reuter  -  587 words
    • Article
      Roseanne on People's worst-dressed list
      387 19 CHATTERBOX ROSEANNE ARNOLD'S leather-and-lace look at the Emmys earned her a spot on People's worst dressed list for 1992. Michael Jordan, for just being Michael Jordan, was among the magazine's fashion elite. Madonna and Demi Moore were urged to keep their clothes off. "Given her
      387 words
    • Article, Illustration
      Spider Woman sings
      66 19 LONDON Chita Rivera singing on Monday during a dress rehearsal of a new musical production of Manuel Puig's novel Kiss of the Spider Woman. She plays the dual role of the glamorous 1940s film star, Aurora, and the seductive, mysterious Spider Woman. The production, which opened here
      66 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      150 19 AND ENTERTAIN Sumptuous Salmon The King of Fish reigns supreme this month at Cafe-in-the-Park Enjoy its luscious taste and flavour at our Salmon Buffet from 19 to 30 October 1992. Available at dinner only from 7.00pm to 10.00pm $,24.00++ per adult $12++ per child ANA HOTEL For reservation*, pica** call
      150 words
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      Page 19 Advertisements Column 2
      38 19 Mr. Wing Why* ChtefEngvieer FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. W Mr. MM* LOW i Equipment 4 Sysem Engineer K:f jOS? THE BEST VALUE. CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828
      38 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Golden Plus steals the limelight on takeover talk
      3898 20  -  By Lilian Ang MALAYSIAN OTC stocks, led by Golden Plus, continued to steal the show yesterday but Singapore blue chips also posted modest gains. Reflecting the interest in Malaysian shares, the UOB-OTC index rose 9.15 points to close at 763.19. The blue-chip
      3,898 words
    • Article, Illustration
      HOT STOCK
      80 20  -  By Quak Hiang Whai ON the monthly charts, OCBC Bank still looks toppish and likely to fall. It should find firm support at $8. In the event of a further drop, support could be expected again at $7. A drop to $8 is likely to bring the weekly
      80 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      46 20 nAdd Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. wsL and 1.G.1. diamonds, emeralds .1 and other gemstones. v flflßHj yMONDIAL Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138
      46 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3282 21 C&C 600 +15 2.6% Inchcape 600 +15 2.6% F&N 960 +10 +1.1% SPH Foreign 1290 +10 0.8% Cold Store S0« 274 +8 3.0% J Cement 235 +8 +3.5% Jurong Eng 50* 348 8 2.4% C&C Wt 285 +7 +2.5% Clipsal 60* US$ 292 +4 +1
    3,282 words
  • Page 21 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3530 22 |RISES(S) H I-eong In J 50* 570 M5 2.7% M Banking 645 f 15 2.4% Uniphone Tel 302 13 t4.5% Gcntings SO 805 10 1.3% Perils Plant 380 10 F 2.7% YTL Corpn 50« 217 f 9 F4.3% Bolton 126 8 t 6.8% Menang Corp
    3,530 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      305 22 NOTICES M THE MATTER OF THE COMPANIES ACT ANO IN THE MATTER OF JM OELFI ACCESSORIES PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) At an Extraordinary General Westing of the Company held at 390 Orchard Road 16-03/04 Palais Renaissance Singapore 0923 on 17 October 1992 the following special resolutions set out
      305 words
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      Page 22 Advertisements Column 2
      285 22 IN THE MATTER OF THE COMPANIES ACT. CAP. SO ANO IN THE MATTER OF FUGIAP (PTE) LTD (MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101 -A Upper Croas Street •11-14 People Park Centre Singapore 0105 on Friday the 16th day
      285 words
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      Page 22 Advertisements Column 3
      278 22 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF CAUWAY PTE LTD (locofpofittd In the RtpubUc of Singapore) (Members' Voluntary winding-up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 4 Hongkong Street Singapore 0105 on Thursday, the 15th day
      278 words
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      Page 22 Advertisements Column 4
      196 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND 4 EXTERMITE PEST CONTROL PTE LTD (In Members' Voluntary Winding-Hp) NOTICE IS HEREBY GIVEN pursuant lo Section 308(2) of the Companies Act, Cap SO, that a Final Meeting of the members of the abovenamed company will be held at 10
      196 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stock prices end mixed on late profit-taking
      5511 23 Bernama PROFIT-TAKING in the afternoon session yesterday led share prices in Kuala Lumpur to close mixed after the recent uptrend in active trading. The KLSE Composite Index added 2.63 points to 614.96 but the Industrial Index lost 4.76 points to 1,066.14. The Emas
      Bernama  -  5,511 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      220 24 Company Oat* Year Croup Not Not earnings Gross ana to profit/loss (L) per share dividend ('000) (coats) Stmt Darby Oct 13 Jun 92 M$335,500(M$310.300) 22 6(199 36u(31) Sune Spore Oct 13 Jun 92 $42.327($33,426) 4 7(46) 14(14) PCI Oct 12 Jun 92 $9.024($3.245) 6.1(2.3) 7(-) Khong Guan Oct
      220 words
    • Article
      PRELIMINARY RESULTS
      228 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/less (L) per slwro dividend ('000) (cents) RMCA Re Oct 16 Jun 92 $82,2671(556,2161) Tongkah Oct 12 Jun 92 M$4,811L(M$2,551l) Amal Steel Sep 30 Jun 92 M$134,025(M$143,495) 16.4(13) 12(10) Antah Sep 30 Jun 92 M$25,132(M$37,468) 6.4(11.9) 6TE(6) Bedford
      228 words
    • Article
      INTERIM RESULTS
      338 24 Company Date Half-year Group pre-tax Interim ann te profit/loss (L) dividend (*000) Umphone Tei Oct 15 Jul 92 M$15,292(M$11,018) Cheung Kong Oct 13 Jun 92 HK$2,896d(HK$2.296d) 40(34) Innovest Oct 13 Jun 92 MJ14,475L(MJ102) Causeway In* Oct 13 Jun 92 $602(1784) Dairy Farm Oct 12 Jun 92 US$82 8r(US$78
      338 words
    • Article
      OTHER RESULTS DUE
      826 24 Mm Board Last Fid Tear f—MT Parted Date fur EPS Cms Net ——i eadteg (cts) Ml profit last year (SS'PM) £MS Final Nov 6 M 91 30TE *****1 Aiags Interim Sep 10 Dec 92 5 3 50 4 436 SK Final Oct 2 lun 92 101 70
      826 words
    • Article
      DIVIDENDS ANNOUNCED
      891 24 Current Ex Books Date Total for Total tor payment date dose payable the year last year AMDS 50c 3 5%(b) Sep 10 Sep 24 Oct 23 35% 35% Bedford 50c 1% Nov 2 Nov 16 Dec 7 BMT S10 100% Nov 12 Nov 24 Nov 26 140 9%
      891 words
    • Article
      CORPORATE DEVELOPMENTS
      278 24 Oct 19 Amcol Holdings Ltd has raised its stake in Electro Magnetics Ltd to 9.52 per cent. YTL Corporation Bhd is teaming up with listed UK utilities company National Power pic to build and operate private power stations in Malaysia. Oct 18 MCB Holdings has increased its shareholdings
      278 words
    • Article
      APPROVED ISSUES
      382 24 Company Rights Issue Gokton Hop* One-for-sa MSI 50 per share Ei-date Aug 27 Books dose Sep 10 Acceptance > Payment Oct 22 MAS One-for-one MS5 00 per share Ei-date Sep 7 Books dose Sep 21 Acceptance Payment Nov 2 0C8C One-tor fi*e $300 per local share One-for-five $419
      382 words
    • Article
      COMPANY MEETINGS
      201 24 CMB Packaging Stijapore Ltd: EGM at the Hibiscus Room, Tower Wing, Shangri-La Hotel, 22 Orange Grove Road, Singapore 1025, on Wednesday, October 21, at 12.00 noon Centrepoint Properties Ltd: AGM at Level 2, Alexandra Point 438 Alexandra Road, Singapore 0511, on Thursday, October 22, at 10.00 am Hexza
      201 words
    • Article
      SCRIPLESS CONVERSIONS
      272 24 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (I DP) (ST) starts Alex Hldgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Bon vests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Cerebos Oct 16 Nov 12 Nov 2 Nov 12 Nov
      272 words
    • Article
      RESULTS FORECAST
      129 24 Last Fat Year Ferecast Ma Mat Net Preflt EPS ■art Taar EPS Cms prafit laagc tage tmmm P*ied taatjr (ets) dHr (TIM) (SSa) (cts) Sfi F Nov 8 Aug 92 62.6 25.0 153,810 166.5—177.4 67.8—72.8 ■arcaPeie F Nov 18 Dec 92 1 8 1.5 4,925 4 5—7.5 1
      129 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      821 24 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Hotter Shareholder/Director Sod shares Before After Tat Lee Bank 15/10/92 COPt-DBS Nomnees DBS Bank B 25,000 77.380 29.093.458 1* 02 29.118.458 14 03 Tat Lee Bank 15/10/92 COPt-DBS Nominees Temasek Holdings B 25,000 77.380 40.106.196 19 32
      821 words
    • Article
      PROPOSED ISSUES
      483 24 Company Rights Issue Aiance Tech One for-one SI 00 per share Arnal Steel One-for three MJ2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CUPS) with up to 211 62m Transferable Subscription ftghts (TSR) for an aggregate price of WJ1
      483 words
    • Article
      RECORD HIGHS & LOWS
      142 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 high: 1316.68 (21/2/92) 1992 htft 1545.92 (27/1/92) 1992 low: 1122.50 (18/8/92) 1992 low: 1310.95 (18/8/92) 1991 high: 1333 08 (3/6/91) 1991 htft 1565.58 (3/6/91) 1991 low: 1022.52 (16/1/91) 1991 low: *****8 (16/1/91) 1990 high: 1435.43 (16/7/90) 1990 hfch: 1607.12 (27/3/90)
      142 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      332 24 In local cot In S$ In USS dy yr S dv yr dy N yr ()ct 19 Index chge chge chge chgc chge chge World 374.6 0.0 -8.3 -0.1 -9.4 -0.5 -8.8 tEAFF. 436.7 -0.6 -13.0 -0.9 -13.9 -1.2 -13.3 Europe 394.8 0.0 -4.0 -0.8
      332 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Deng's appearance causes short-lived stir
      425 25 CLSA THE Shanghai domestic market started the day positively yesterday on the back of Deng Xiaoping's public appearance. But the surge was short-lived as players squared their positions in the afternoon. The CLSA Shanghai A Index ended at 4,171.84, down 2.76 per cent. China TM
      CLSA  -  425 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices rise amid warning of faltering rally
      957 25 Reuter SHARE PRICES kept firm yesterday but some brokers are warning that the minor rally of just over a week could soon falter. "The market has some downside potential. The rally doesn't have real support. But a second wave of buying will come
      Reuter  -  957 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Bank's return boosts market sentiment
      2103 25 Reuter STOCKS traded higher yesterday as investors were cheered by the resumption of tfade in Bangkok Bank of Commerce, which drew buying in other banks, brokers said. The SET Index rose 10.34 points, or 1.19 per cent, to close at 878.68 on turnover of 8.30
      Reuter; Source: Bridge Info  -  2,103 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      59 25 Ufliiitf ill ii|M|iyiw(> AMI ]I I I 111 feA lI'■II I I I H I I I 111 Hill Find out in I I■ I I I I Ift I r I I| I IHI VI I Personal Investment and Finance. II I I I Ift H Ift I ■II
      59 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei ends firm but still under 17,000
      2571 26 Reuter STOCKS ended firm after a dull day yesterday, with the Nikkei Average below 17,000. Technical buying lifted it briefly above that line twice, but the market lacked factors to stay higher, brokers said. The 225-share Nikkei Average was up 83.85 points or
      Reuter  -  2,571 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Rally runs out of steam but analysts bullish
      2443 26 SHARE PRICES ended a robust six-day rally yesterday with a marginal decline, but analysts said chances are good that big gains will resume soon. The blue-chip Hang Seng Index fell 1.40 points to 6,088.51, after soaring 493 points since the start of
      2,443 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices finish firmer in light trade
      2025 27 Reuter THE Australian share market finished stronger yesterday, but off the afternoon's highs, in light trade led by technical support and futures trade. "Futures led the way today. The big sell-off seemed to peak last week, but the market remains unexcited," said Hambros
      Reuter; Source: Bridge Info  -  2,025 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks close higher on late buying
      • Article
        SEOUL
        827 27 LATE institutional buying of large capitSflisation shares pulled Seoul stocks out ;of negative territory yesterday, where •they had languished for most of a lacklustre afternoon, to close a shade firmer, brokers said. The index ended just 0.75 up at 540.45, on turnover of 245.09 billion won against Monday's 315.73
        827 words
      • Article
        TAIPEI
        524 27 SHARE PRICES ended lower yesterday in very sluggish trade as the market lacked inspiring news and most investors stayed sidelined, brokers said. The Weighted Index, which was down more than 50 points at one stage, closed 10.34 points lower at 3,724.17 while turnover fell to NT$l2.5 billion from NTS
        524 words
      • Article
        MANILA
        521 27 SHARES closed sharply lower yesterday as concern about the current power crisis, kidnappings and coup rumours affected the market, brokers said. Manila's Composite Index lost 13.20 points to 1,344.41. Louie Bate, sales manager at Baring Securities Inc, said the overwhelming sentiment was not to dump stocks as the government
        521 words
      • Article
        NEW ZEALAND
        315 27 THE share market edged higher at the close yesterday with a late charge in some leading stocks, but overall trading was lacklustre. The feature of the day was continued weakness in brewer Lion Nathan. It fell 13 cents to NZ53.97 and has now lost 9.5 per cent of
        315 words
      • Article
        BOMBAY
        68 27 SHARE PRICES fell broadly on arbitrage selling yesterday as the Bombay Stock Exchange (BSE) resumed trading after a four-day break, brokers said. Sentiment was undermined by reports that taxmen had seized unaccounted assets worth eight billion rupees, including shares worth 7.6 billion rupees, from 14 brokers they raided last
        68 words
      • Article
        INDICES & TURNOVER
        51 27 INDICES TURNOVER Close PvwioM Oct 20 NEW ZEALAND NZSE-40 Capital 1.366.84 1,365.36 1.48 MANILA Composite Index 1.344.41 1,357.61 -13.20 Turnover (mil pesos) 221.4 211 10.4 TAIPEI Weighted Price Index 3.724.17 3,734.51 •10.34 Turnover (NTS billion) 12.5 13.71 -1.21 SEOUL Composite Stock Index 540.45 539.70 +0.75 Turnover (billion won) 245.09 315.73
        51 words
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  • WORLD STOCK MARKETS
    • Dow rebounds on Black Monday anniversary
      • Article, Illustration
        NEW YORK
        1140 28 THE STOCK MARKET commemorated the fifth anniversary of the October 1987 crash by staging a modest rally on Monday in calm trading a sharp contrast to the panic selling that engulfed Wall Street on that fateful day. The Dow Jones Industrial Average, which slid 0.27 point last Friday,
        1,140 words
      • Article, Illustration
        LONDON
        877 28 EQUITY PRICES ended a volatile session on Monday barely changed from last Friday's closing levels in a day dominated by the political crisis surrounding the government's backtrack on its coal mining closure plans. Dealers said a firmer start on Wall Street helped trim earlier losses, while a mild rebound
        877 words
      • Article
        FRANKFURT
        166 28 STOCKS made a good advance on Monday on growing speculation about a possible reduction of the Bundesbank's key interest rates before the end of the year, operators said. The DAX Spot Trend Index ended at 1,479.07 points in low trading volume, up by 1.2 per cent by comparison with
        166 words
      • Article
        PARIS
        199 28 THE stock market advanced on Mon- day on hopes of a reduction in German interest rates before the end of the year, widely viewed as a key to stronger European economies, operators said as trading ended here. Analysts said Germany, which has experienced a marked slowdown in economic growth,
        199 words
      • Article
        MILAN
        164 28 SHARE PRICES here closed down 1.70 per cent at 808 points on the MIB index on Monday after three sessions of firmness. Sentiment was depressed by analysis that recession would continue in 1993. Fiat fell by 2.47 per cent, Generali by 2.63 per cent, Mediobanca by 4.13 per cent,
        164 words
      • Article
        ZURICH
        190 28 LOWER Swiss money market rates and a firmer dollar took Swiss blue chips more than one per cent higher at the close on Monday, dealers said. The broad SPI index rose 7.7 to 1,148.0 and the SMI index of leading shares added 21.2 to 1,904.7. Both indices closed at
        190 words
      • Article
        STOCKHOLM
        165 28 SHARES closed lower on Monday due to a lack of guidance from overseas markets pending the New York Stock Exchange's reaction to the anniversary of Black Monday, dealers said. Trading was low as shares worth only 308 million kronor changed hands. The All-Share Index fell 0.2 per cent to
        165 words
      • Article
        BRUSSELS
        328 28 SHARES finished above their lowest levels on Monday but were still weaker as end of account book squaring and a further slide in oil major Petrofina weighed on the market. Steel maker Cockerill Sambre was another heavy loser due to renewed pessimism over the depressed state of the industry.
        328 words
      • Article
        JOHANNESBURG
        620 28 MINING SHARES edged higher in quiet trade on Monday on a technical correction after last week's sharp falls. The weak financial rand foreign invest- ment unit also provided a major underpin, dealers said. The market's overall trend, however, was still pointing south with no major improvement in sentiment expected
        620 words
      • Article
        TORONTO
        300 28 The stock market outperformed Wall Street to end stronger on Monday in a half-hearted rally led by interest ratesensitive shares on expectations of a swift drop in the Bank of Canada's key rate tomorrow. "The drop in bill yields are really helping us out here," one dealer said. The
        300 words
      • Article
        INDICES & TURNOVER
        78 28 INDICES TURNOVER NEW YORK CIMC Oct 19 PwkHH Dow Jones SA P 500 Turnover (million) 3.***** 414.98 222.15 3,174 41 +14 04 411.73 +3.25 235.92 -13.77 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.868 1 2,562.2 411.8 1.872.3 -4.2 2,563.9 -1.7 585.3 -173.5 FRANKFURT DAX Index 1,479.07 1,461.61 +1746
        78 words
      • Article
        Untitled
        198 28 Amsterdam Oct 19 Fb ABN-Amro 48.70 unch Aegon 69.90 unch Ahold 73.20 -2.9 Altzo 129.00 -1.2 Alrcnta 200.20 -.3 Amev 60.20 .6 Bols 39.70 -.3 Boreumy Wehry 52.20 -.8 Buhrman Tettero 29.60 -.6 Centrale S M 104.90 unch DP American 18.40 DSM 86.20 -.6 Elsevier 104.70 -.9 Fokker 17.00 +.1
        198 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ opens firmer in Europe as market catches rate cut fever
      1228 29 REPORTS THE US DOLLAR opened sharply higher in early European trading yesterday on speculation of European and Japanese rate cuts. No important figures were expected yesterday, other than those for housing construction in September. Sterling rallied in early trading
      1,228 words
    • Article
      Lock icon Clinton win may spell recovery for US$
      371 29 Reuter NEW YORK As the US bond market publicly worries about inflationary pressures and higher US interest rates if Democratic contender Bill Clinton carries the White House, dollar investors are quietly celebrating. Rising US rates, they hope, will start to narrow the huge
      Reuter  -  371 words
    • Article
      FINANCIAL FUTURES
      1480 29 SIMEX EUtOOOLLA* Open High Low Sett Est Vol Act/Vol Op/Int Dec 92 96.50 96.50 96.35 96.40 ***** 6850 ***** Mar 93 96.45 96.45 96.24 96.29 ***** 9278 ***** Jun 93 96.03 96.05 95.82 95.86 ***** 4898 ***** Sep 93 95.55 95.55 95.33 95.38 9000 1639 3893 Dec 93
      1,480 words
    • Article
      INTERBANK FOREX RATES
      411 29 Cross rates (*20 USS SS MS Dm Yen SFr AS NZS USS 1.6125 2.5085 1.5030 120.95 ***** 1.3480 1.3947 1.8536 SS 0.6202 1.5557 0.9321 75.0078 0.3821 0.8360 0.8649 1.1495 MS 0.3986 0.64 0.5992 48.2161 0.2456 0.5374 0.5560 0.7389 Dm 0.6653 1.0729 1.6690 80.47 0.4099 0.8969 0.9279 1.2332
      411 words
    • Article
      MONEY MARKET
      572 29 Interbank rates S$ Bid Offer Overnight 1 1/2 1 5/8 1-month 1 5/8 1 3/4 2-month I 11/16 1 13/16 3-month 1 3/4 I 7/8 Overnight mode: 1-3/4 LSS Bid Offer 7 days 3 1/4 3 3/8 1 month 3 5/16 3 7/16 2 months 3 5/16 3
      572 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon European steel market out of control: report
      351 30 Reuter LONDON The European steel market is running out of eontrol as producers keep increasing production volumes in a falling market with market prices below cost level, says steel consultancy MEPS. Far reaching mergers and job losses of some 10 per cent would
      Reuter  -  351 words
    • Article
      Lock icon 8 more people face charges by US commodities commission
      272 30 NYT NEW YORK The US Commodities Futures Trading Commission has filed administrative complaints against eight brokers and traders on the New York Mercantile Exchange; the CofTee, Sugar and Cocoa Exchange, and the Commodity Exchange. The charges grow out of an extensive
      NYT  -  272 words
    • Article
      M'sian crude palm oil prices firm in thin trade
      756 30 REPORTS MALAYSIAN crude palm oil prices were higher at the close yesterday on light covering that reflected gains on the palm oil futures market and Chicago soyoil futures complex overnight. Dealers said sentiment was aided by talk that Pakistan would be
      756 words
  • Article
    PRICES
    1497 30 Rubber RAS Commodity Exchange (futures closing as aMpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 0.00 0.00 143.50 0 900 Dec 143.00 143.00 142.75 200 3,150 Jan 93 143.25 142.50 142.50 1.400 4.300 Feb 142.25 142.00 142.00 250 4,750 Mar
    1,497 words
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      696 30 In oti c'e'T F NOTICE 1 NOTICE IS HEREBY GIVEN that. I LEE SENG SET of 9F Yuan Ching Road #14-66 Singapore 2261, have applied for a PUBLIC HOUSE (First Class Extended) in respect of premises at M/s Kota Jaya Investments Pte Ltd at 1 Jalan Anak Bukit #02-23 Bukit
      696 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1336 31 City Flight ETA Flight ETD Aba MaM GA895 1300 GA983 1315 AMaMa QF81 1955 QF82 2205 SQ227 2245 Aawua RJ182 1440 Amsterdam KL837 1255 SQ324 2200 GA895 1300 SQ323 1840 KL838 2240 Aartilaad NZ21 1820 NZ22 1940 SQ288 2025 SQ286 2030 Bahrain GFI49 0650 ■iWlMMB GA911/524
    1,336 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Preserving paradise
      661 31  -  LETTER FROM BAVARIA By Stephen Kinzer Friends describe Paul Paulus as "a good Bavarian", and he knows no reason why a person would want to be anything else. "I have travelled everywhere," asserted Paulus, a retired bank employee who now spends much of his time painting Bavarian landscapes.
      661 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1. 1507 1.1670 Canadian dollar 1.2812 1.3071 NZ dollar 0.8599 0.8772 Sterling pound 2.6095 2.6465 US dollar 1.6080 1.6160 Load dollars to 100 units of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      68 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Nov 11-22 Geneva Fair Geneva Societe 002/*****83 Nov 24-29 International Birmingham The Building 44-71/*****73 40th Ideal Home d'exploitation Building and Trade Exhibition Exhibition du Salon des i Construction Arts Menagers Exhibition Nov 14-23 India New Delhi, Trade
      68 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We know Europe from start to Finiriih.
      41 words
    • Advertisement
      Page 31 Advertisements Column 2
      7 31 Advertising Marketing in Business Times every Thursday
      7 words
    • Advertisement
      Page 31 Advertisements Column 3
      237 31 If your business requires Place MRT within a few minutes' the prestige of an address H| walk, the Uppo Building will —r v the Central Business accessible as it is i 2,700l«3,0;0«qb sivity of occupying an nothing spared to entire floor, the Lippo make it the best I PJ Building
      237 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      305 31 1 Set rate for top secretary LmJ LnJ returning last month 4 Glowing silver? Rubbish 10 Difficult for county legisla- jBT ~lH| tor to oppose Roman law 11 Umpire to 12 Love is painful on the re- bound (4) i I j j 1 to commumoney very little (4) 17
      305 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      168 31 Singapore Outlook: Showers over many areas in the early hours and the early afternoon. Report Maximum temperature 31.3 Assoc humidity 74% Minimum temperature 24.0 Assoc humidity 96% Hours of sunshine 24.5 Rainfall in mm 41.0 Rainfall this month 172.5 Rainy days this month 11 World report Asia-Pacific Hi/Lo* Cond. Auckland
      168 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      10 31 ftßaiN-.turn 0ff,.... Ueße \JL GO MMi.. 50RlHG D*V... t y■■
      10 words
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  • Article
    Pudong project to benefit from leadership reshuffle
    464 32  -  Reports by Catherine Ong in BEIJING CHINA'S ambitious multi-billion-dollar Pudong project is poised for a boost with the strengthening of the "Shanghai faction" within the new Politburo, analysts said. The latest line-up for the country's highest policymaking body shows that Shanghai-bom officials and
    464 words
  • Article
    General's appointment seen boosting army
    567 32 BEIJING The promotion of the first military general to the apex of China's communist power in nearly two decades will help check the declining influence of the People's Liberation Army (PLA) in national government, Beijing analysts said. Gen Liu Huaqing, a man closely identified with
    567 words
  • Article
    Lock icon Hata's chances of taking over Kanemaru faction improving
    277 32 Reuter TOKYO A bitter fight to succeed disgraced Shin Kanemaru as backroom boss of Japan's ruling party reached a stalemate yesterday, boosting the chances of compromise candidate Tsutomu Hata, the finance minister. Senior figures in the biggest parliamentary faction within the Liberal
    Reuter  -  277 words
  • Article
    Bush fails to damage Clinton's standing in final debate
    266 32 w^tgE NEW YORK The last of the three presidential debates ended on Monday with President George Bush still on the defensive about his first-term record and labouring to revive his campaign by warning that Democratic challenger Bill Clinton lacked the leadership,
    266 words
  • Article
    Lock icon President Suharto ready to stay on: Golkar chief
    222 32 Reuter JAKARTA Indonesian President Suharto, 71, in power since crushing a coup attempt 27 years ago, has indicated he is prepared to stay on for another five years. w lf indeed the people still trust me, certainly my obligation is to fulfil
    Reuter  -  222 words
  • Article
    Lock icon Cure not allowed, so insane killer escapes death
    149 32 AFP NEW ORLEANS The Louisiana Supreme Court has ruled that a schizophrenic guilty of a multiple murder cannot be administered drugs to make him sane enough to be executed. "Carrying out this punitive scheme would add severity and indignity to the prisoner's
    AFP  -  149 words
  • Article, Illustration
    Population growth threatens Asia's prospects
    780 32  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a BT journalist THE CURRENT gung-ho outlook on Asian economic growth sometimes ignores a major factor population growth. Among Asia's more dubious distinctions is the fact that it holds about 59 per cent of the
    780 words
  • Article, Illustration
    Regional groupings boost free trade: World Bank economist
    363 32  -  By S N Vasuki SINGAPORE Regional trading arrangements like Nafta and Afta are building blocks, rather than stumbling blocks, to free trade as they increase the size of markets and promote harmony between nations, according to Dr Lawrence Summers, chief economist of
    363 words
  • Article
    Lock icon South Korean govt to provide cheap loans to manufacturing firms
    199 32 AFP SEOUL In a move to boost exports and sagging investment, the South Korean government decided yesterday to provide cheap loans to manufacturing firms, officials at the Economic Planning Board (EPB) said. Economic Planning Minister Choi Gak Ryu reported to
    AFP  -  199 words
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  • Shipping Times
    • Article
      S'pore venture launches service to Phnom Penh
      416 33  -  By Dexter Lee SINGAPORE Trade between the Asean region and Cambodia is growing so rapidly that two local companies have forged a partnership to provide a new containcrship feeder service between Singapore and Phnom Penh. Steamers Maritime Holdings Ltd, a subsidiary of diversified
      416 words
    • Article
      Lock icon OPA deters tanker renewal: Intertanko
      182 33 Reuter OSLO The International Association of Independent Tanker Owners (Intertanko) said a 1990 US oil spill law, along with a depressed market, was discouraging the building of new tankers. "The US Oil Pollution Act (OPA) of 1990 is a disincentive to modernisation of the tanker
      Reuter  -  182 words
    • Article
      NOL to deploy new ship on Ace's JFX service
      250 33 SINGAPORE National carrier Neptune Orient Lines (NOL), a member of the Ace group, is upgrading the consortium's Japan Far East Express service by phasing in a new ship on the route. The Neptune Alexandrite, the first of three modern 3,800 TEU-containerships
      250 words
    • Article
      Lock icon M-E set to expand oil exports: study
      218 33 Reuter LONDON The Middle East is set to become an even greater source of future world oil exports, with seaborne crude oil exports likely to surge by 16 per cent between 1991 and 1997, a study by Drewry Shipping Consultants Ltd said. Movements
      Reuter  -  218 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1190 33 Page Col ABC Containerize 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
      1,190 words
    • Article, Illustration
      Lock icon Meeting to discuss fate of Greenpeace ship
      271 33 AP MOSCOW Russian officials investigating Greenpeace's violation of Russian waters met Dutch, German, Canadian, Swedish and US diplomats on Monday to discuss the fate of the boat and its crew, a news agency said. The Greenpeace ship Solo was docked in a port
      AP  -  271 words
    • Article
      Lock icon Puerto Ricans protest against plutonium ship
      338 33 AP SAN JUAN, Puerto Rico Environmental activists staged a peaceful protest on Monday in front of the Japanese consulate to object to the possibility of a Japanese freighter passing through the island's waters with 1.5 tons of plutonium enough material to build 120 nuclear
      AP  -  338 words
    • Article
      Lock icon US grain sales trigger rally in freight market
      331 33 AFP LONDON The shipping freight market rallied firmly last week from several consecutive weeks of falling sentiment. The change was stimulated by the outlook for recovery of grain activity owing to the renewal of US sales to the former Soviet Union and
      AFP  -  331 words
    • LOG BOOK
      • Article
        Sea Glory taking water off Kuching
        71 34 LONDON The 10,232-deadweight-tonne freighter Sea Glory has contacted a salvage tug after it started taking in water about 19 nautical miles from Tanjong Po, Kuching, Malaysia last Friday, according to Lloyd's Intelligence. The crew briefly abandoned ship, but later re-boarded the Pana-manian-flagged vessel. The
        71 words
      • Article
        Freighter at PNG for repairs
        85 34 LONDON The freighter Tropical Damsel arrived undertow of the tug Pursuit at Noro, Papua New Guinea last Friday, according to Lloyd's Intelligence. A diver inspected the vessel and it appears the damage is confined to the rudder. Temporary repairs may be possible subject to the
        85 words
      • Article
        15 killed in Soviet plane crash
        54 34 MOSCOW A small plane crashed in northern Russia on Monday, killing 15 of the 16 people aboard, officials said. The crash of the Antonov-28 plane occurred near the town of Ust Nem, about I,lookm north-east of Moscow, according to Russian television. One child was
        54 words
      • Article, Illustration
        Slovak dam to open
        30 34 SAMORIN, Czechoslovakia Boats on the river Danube sailing upstream at the beginning of the Gabcikovo dam on Monday. Slovak authorities was to open the dam yesterday.
        30 words
      • Article
        Six die in Mexican air crash
        59 34 MEXICO CITY A small plane carrying six employees of the Mexican Attorney General's Office crashed shortly after takeoff on Monday, killing all aboard, the government said. An attorney general's spokesman said the light Cessna aircraft, which belonged to the government, crashed minutes after leaving
        59 words
      • Article
        US firm recalls truck tyres
        60 34 AKRON, Ohio General Tire Inc, a unit of Continental AG, said a labelling error has caused it to recall a small amount of truck tyres. It said the mislabelling occurred on about 280 Ameri-Steel 385/65R22.5 LRL tyres shipped from Germany. General Tire has notified dealers
        60 words
    • Article, Illustration
      Lock icon California raids its ports
      1170 34  -  The state of California's short-sighted political considerations are crippling the ability of its ports to compete, reports Jim Lamb Jim Lamb Lloyd's List CALIFORNIA'S legislature and governor, desperate to end a twomonth stalemate over how to balance the state budget, have adopted a rob-Peter-to-pay-Paul funding Bill
      Lloyd's List  -  1,170 words
    • Article
      THE SHIPPING GUIDE
      9508 42 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
      9,508 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        485 49 VtSMt \hf Ha Berth Unwal Deprtrt Marina Terminal 1 Batam Indah N02 M03 alongside 21 10/2300 Batam Mum *****2 M03 alongside 2010/2300 Batam Sayang *****2 M04 alongside 21 10/2300 Batammdo 1 12S8S M02 alongside 20 10/1900 Btm Bahagia *****2 M05 alongside 2010/2300 Garuda G81 M05 alongside 21.10/2300
        485 words
      • Article
        MALAYSIAN PORTS
        109 49 Pmwg Port hi the roads: Baltic Transporter, Alam Tabah, Valetta 11, Arethusa, Silver Laks, Pyor Smorodin, Universe, Banglar Doot, Oriental City, Jintan PuMv Malayan Success, Seng Hing, Iron Finer. Dut on Oct 20: PerVasa. Due on Oct 21: ACE Jade M A A IUMNVuMI rOfl h the roads
        109 words
      • Article
        CONTAINER SCHEDULES
        1632 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Contanen avaiable Ship Voy No Container* avaiable Guru Bhum 620 18.10.92 1455 00a Advance 821W COO(EST) 19.10.92 1500 Sea Ink 245N 1810.92 1515 Str Pride 33N COO(EST) 20.10.92 0300 Kota Inda/i 421 18.10.92 1630 Cardigan B 0408 COO(EST)
        1,632 words
    • Article
      DAILY FREIGHTS
      817 50 THE FREIGHT market was quiet on Monday, but retained I; its underlying strength on panamax shortages amid anticipat- ed chartering demand from the ex-USSR, brokers said, ri Panamax routes showed It gains as the Baltic Freight Index (BFI) rose two points to 1,055, but fixture volumes f were
      817 words
    • Article
      WEEKLY FREIGHTS
      345 50 THE SHIPPING freight market rallied firmly last week from several consecutive weeks of falling sentiment. The change was stimulated by the outlook for recovery of grain activity owing to the renewal of US sales to the former Soviet Union and to China. The Baltic Freight Index (BFI) rose
      345 words
    • Article
      TRANSPORT DIARY
      598 50 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: r. 278-3464 or fax: 274-5079. I Oct 23: Revision to the Uniform Customs Practice for Docu- mentary Credits: ICC No 400.
      598 words
    • Article
      Lock icon Flight delays likely to worsen
      428 52 Aviation experts see airport congestions as main culprit Reuter BOMBAY Flying? Prepare for longer delays. World aviation experts say congestion at major airports around the world is getting worse, costing airlines and passengers billions of dollars in delayed flights and lost business opportunities. Bottlenecks at
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      Lock icon Transport costs higher in Tokyo than in London, NY
      320 52 Asahi TOKYO Transportation costs in Tokyo are generally higher than in New York and London, with a cab ride in Tokyo 74 per cent more expensive than in New York and 28 per cent more expensive than in London, according to
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      Lock icon GM expects 3rd quarter loss of US$845m
      469 52 AP DETROIT General Motors Corp estimates it will lose about US$B45 million (Ssl.4 billion) in the third quarter, a figure analysts said on Monday was within their sinking expectations. "Considering that their worldwide volume is down 9 per cent from last year, it
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      Lock icon German vehicle maker's sales down but firm is satisfied
      295 52 IHT MUNICH Man Nutzfahrzeuge AG, Germany's sec-ond-largest manufacturer of commercial vehicles, said on Monday that unit sales fell last year and continued to sag and that the company was content to be doing so well. In fact, the Bavarian company, the
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      13 33 Ums aMI MrvicM rapmMM gs&gs^fgi For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      13 words
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      Page 33 Advertisements Column 2
      61 33 Dcargo-pak Ensure optimum protection for your cargoes during transport at low costs. FUJI TRADING (SINGAPORE) PTE LTD Ta: *****55 FAX: *****43 California raids its ports, Page 2 Congestions at major airports likely to worsen, Back Page COtP SIM LINE Twice A Month Fastest Transit 9 Days \Express/ REUNION j CALL:
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      93 34 It could be a controversial deal between two stock J market stars, a thought-provoking report by 'yM 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
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      2438 35 OOCL (8) PTC LTD JARDINE SHIPPING AGENCIES *I|■#» *****11 FAX: *****09 \IMw" BOOKINGS TEL: *****34 *****58 ■llllf TERMINAL/CFS TEL: *****18 220 H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. I IVW J PORT KELANG TEL: *****18 FAX: *****91 *****88 rv__i:_ 0 A_j PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated
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      Page 35 Advertisements Column 2
      3064 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT IS UNITED ARAB SHIPPING ISAC/l //J VSI/VOY m NYC BAL o*f SA» M WWI n 7/11 18/12 U/U 12/12 M/ 12 I UMTO iOU 14 IVII 29/12 22/12 21/U 2i/l2 WIMI ft 1/12
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      1487 36 VOY NO S PORE JEDOAH S'HAMTON H'BURG LE HARVE BSjQ MONTE ROSA 21/142 22/10 7/11 10/11 8/11 TnSnSnSIMD DRESDEN EXPRESS 07/342 24/10 3/11 11/11 14/11 16/11 18/11 -jm KBUMB ft fINMB KAMAKURA 25/143 29/10 14/11 17/11 15/11 CflMO TO UK/CONTMENT KAGA 26/343 31/10 10/11 18/11 21/11 22/11 25/11 CMMCTO AT
      1,487 words
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      Page 36 Advertisements Column 2
      465 36 |C3ZD3ijfl FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Fofeign Forwarder in Kabul for al services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea a Vietnam a Mongolia a Hungary CSFR a Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel BTA SM A. ABRAHAM 25/10 VILLE
      465 words
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      Page 36 Advertisements Column 3
      1508 36 I gs3af»*»fA mMwm REGULAR INDEPENDENT FULL CONTAINER SERVICE I NORASIA AL MANSOORAH 9234-3 27/10 18/11 20/11 24/U 26/11 26/11 29/11 2S/U 29/11 NORASIA PRHCESS 9235-3 03/11 25/11 26/11 01/12 02/12 03/12 05/12 05/12 06/12 I NORASIA SUN 9236-3 10/U 2/12 3/12 8/12 9/12 10/12 12/12 12/12 13/12 NORASIA PEARL 9237-3
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      Page 37 Advertisements Column 1
      2040 37 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Rood #11-01 Keppel Towers Singapore 0208 Tel: *****89 Fox: *****17 ACCEPTS C Alt GO DUE SMS I fll 11? H '#>11 [W STRAITS VENTURE *25E Muui. lab 21 Oct 22 Oct KRIS MERUS VOX KK. Skin. Taw 22-2] Oct 22 Oct 24 Oct
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      Page 37 Advertisements Column 2
      2877 37 SINGAPORE AGENT: IJXt/i ninAf*C P&O Containers (Singapore Agencies) Pte Ltd X C3L\»/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 SffV Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT IMrV/rll VESSEL VO* FPSQ -PKQ WN ALO HU AMT ROT HAM
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      Page 38 Advertisements Column 1
      655 38 ISBSS CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Wl/WY STOK ROAM/ ADAM HUtKG BKKN WHOP KUTM/KW h Port IJ/U 24/U 27/U 21/11 IMTMAM/33W 2</12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Bubjact lo lnduc«m*nt. Also accepting cargo lo Casablanca, Port Said, Port Alexandria, Qanoa,
      655 words
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      Page 38 Advertisements Column 2
      1455 38 0 HANJIN SHIPPING FOR VSL SM |UK HAUL LO OAR FDR Wl SM IIM HAUL SAY LM NTC HARM LONGKACH 0391 24/10 O«ECT 15/11 18/11 HAMM KUNSAN OSOE 26/10 K KEELUNE 039E 3/12 4/12 C/ 12 HARM ROTTERDAM 020 C 1/11 OBECT 22/11 25/11 FBMQMRD MY 212N 2/11 IL EUROPE
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      Page 38 Advertisements Column 3
      1204 38 Lflipruf J _J .T Im IX we IU w Ml OK KT as ito uu m w mcim n u nr w nn v m I IfIiAMTNOU M/MNfl M/WM/1* J*/l* 2/11 Vll VII «/U 7/11 S/ll 20/U 2/12 4/12 Vl2 11/12 U/12 17/12 11/12 11/12 2J/12 1/1 12/1 13/1 f
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      Page 39 Advertisements Column 1
      1805 39 SCX: NEPTUNE AMBER 08E' ETA SGP 21/10/92 II II II ARRIVING LOS ANGELES 08/11/92 IN 17 DAYS. H II II AEX; rhodonite ooe* eta sop 25/10/92 II ARBIVIN6 NEW YOBK 27/11/92 IN 22 DAYS. |j] I toVNW?^A I I U FEEDER VSL VOY MOTHER VBL VOY I SET PLD VESSEL
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      Page 39 Advertisements Column 2
      1089 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES J_ EASTBOWD—OCCHAKONG NESTBOUND—LOAOW6 TUmSHTO VIA
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      Page 40 Advertisements Column 1
      1495 40 S- Yy AS AGENTS: KAWASAN SINGAPORE (PTE) LTD (CR No: **********0 M) W V TEL *****77 TELEX KAWAH R*****5 FAX: *****07/^9 I WAm MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD .M. MmJ JL 1 MmJ TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT WTHWUSA TEL JKT
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      Page 40 Advertisements Column 2
      831 40 PHIU-OMCNT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 A Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 28 OCT SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 26 OCT AUCKLAND. WELLINGTON. LYTTLETON, NEW
      831 words
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      Page 40 Advertisements Column 3
      243 40 GOLDEN LINEA Wh2v GUM GUM SHPPMG (PTE) LTD n, TM Iw SM aurai dim 18. S34JM (II UD) Fit ******4 (Ci Ml HU1HIIIW) ITKAITS/PEMIAM QCiriMTKI S pore P. KeUng Penanf G0U»l KM Ranch Onto /Ommum 24/25 Oct GOLDEN HMNCST Rafael* Dubai 'Dmw* </t Rm cmumwi AVS. China Port Oct TMHMOSIwkov
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      Page 41 Advertisements Column 1
      1139 41 pacific international lines (pte) ltd 1~1-1l 1 1 1 1 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********01 VESSEL VOY SIN JKT SIN WM£L SIN KK Si KOTA MOAH 431 25/10 28/10 Vll KOZmTMV 41 BUNGA TERATAi 433 27/10 30/10 3/1 SRfSAMUT (THAI FLAG) SRS4ON
      1,139 words
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      Page 41 Advertisements Column 2
      1302 41 )e 0 I 1 wj I r f P GUDANG PENANG PKELANG OCEAN VSL/VOY SIN E'M ham 3 GC^T" E 23/10 23/10 24/10 JUTLANDtA 2422 27/10 13/11 15/11 16/11 16/11 E 30/10 30/10 31/10 SELANCXA 2432 3/11 20/11 22/11 23/11 25/11 D 6/11 6/11 7/11 BENALDER 2442 10/JJ 27/11 29/11
      1,302 words
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      Page 41 Advertisements Column 3
      278 41 °BSA° TRANSPORTATION MYANMA pH* FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pen P.Gdf PAfiAN VIUW 30/1 Nov WA AH VIS3W 4/7 Nm mIAN VIMW 15/11 NM NIGERIAN NATIONAL M SHIPPING LINE naP NIGERIA EXPRESS SERVICE RIVER MAJE V.50 BPORE 23 Nov THE BANK LINE (A
      278 words
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      Page 44 Advertisements Column 1
      2522 44 Conventional Semi-Container Fuii Container Liner Services Liner Services M*ysusni«its: Moneys*!»& General Agents Booking Agents General Agents: Booking Agents: Gnu Gnan Skiving Sdn SM Chung Chine Stuping Sdn Bhd P-T. 6Ma( P«tra Indonesia Maritime Yick Fung Shipping sm* Freight Croats* 4|MdH Costar Shipping Pte Ltd Sftfe* FrefcM Mill Centre Sdn SW
      2,522 words
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      Page 44 Advertisements Column 2
      276 44 SAMUOBUk MMESU (S) PTI LTD 1$ MoCALLUM STREET ■MH #03-01/02 NATWEST CENTRE «M Singapore 0100 Tatwc R*****0 T«t 223*201-3 F«k 229 4030, ****** FOR BOOK o*oB CALL OMECT lme TEL: *****41/*****43 OM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 982 23/10 (FRfl IN PT DERAJAT 1004 24/10 (SAT) IN PT PELOPOR
      276 words
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      Page 45 Advertisements Column 1
      544 45 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PIREAUS 25/10 ROTTERDAM 25/10 HAIFA/ASHDOD/ALEXANDRIA 25/10 HAMBURG/BREMEN 25/10 MARSEILLE/FRANCE 25/10 FELIXSTOWE/UK 25/10 BARCELONA/SPAIN 25/10 LEHAVRE/ANTWERP 25/10 GENOA/ITALY 25/10 GOTHENBURG/SCANDINAVIA 25/10 LOS ANGELES/WC/PI 25/10 SYDNEY/MELBOURNE 25/10 NEW YORK/EC 25/10 FREMANTLE/ADELAIDE 22/10 VANCOUVER 25/10 BRISBANE
      544 words
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      Page 45 Advertisements Column 2
      128 45 ~p7t~ perus ahaan pelayaran V® KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I Vmml ETA/ETB DBTVMTON j NAGA 42 V* 11/92 23/24 Oct Mwta/P*«ba« I MCMMMEL I«n 19/92 2C/27 Oct J*vti/r*«*a« I MCMMMEL I ¥ey 21/92 29/30 Oct Murta/P*Mba« I NMCA 42 17/92 31/2 Nn IMata/Pdwßm j MCMMMEL I
      128 words
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      Page 45 Advertisements Column 3
      675 45 CSa RICHFIELD MARINE AGENCIES (S) PTE LTD h&l TEL: *****33 (12 Line*) L=| FAX: *****15/*****03 pH TELEX: RS ***** RI3HIP (3 Line*) l®\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE A NONE T 28 we 2«/IO DARESSALAAM MOMBASA DJIBOUTI ASSAB.
      675 words
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      Page 45 Advertisements Column 4
      762 45 JAKARTA BANGKOK .1 'W y .i 1 Ifr I I^WP—M WAHA BWI US hft 24/10 THANA BHUM 02ST Rod h PI Sa< 24/10 m BttM £3/10 mm BHUM# 129N VM 21/19 Sow 25/10 M 22/1® IAKU BHUM 47* Pit 23/10 MM 29/10 m!!!!** BMUM H2M Sat 24/10 29/10 KITI BHUM
      762 words
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      Page 46 Advertisements Column 1
      1467 46 (*A*MAC-NELS GROUPAGE l-KW- JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 V J w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN RKL SIN PEN PK SIN 21/10 22/10 23/10 Honf Koof Ldn/Flx/Rdm/Ant 22/10 23/10 24/10 25/10 26/10 27/10 Hon* Konf G'burj/C'hafen/S'holm/Osk)
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      Page 46 Advertisements Column 2
      35 46 CONVENTIONAL SERVICE VESSEL ETA SM TO ASIAN EXPRESS 25/10 LK FOR YANGON ALSO AVARAMi FOR YANGON/MKARTA/MANU. LCL/FCL SERVICE MADRAS/CALCUTTA/COLOMBO WEEKLY SERVICE BOMBAY/KARACH/CHTTAGONG MEEKLY SERVICE O(JBAi/DAMAM/PORT LUB/DURBAN FORTT6GHTLY SERVICE CCINETTTWE BATES FOR NAORAS/CALCUTTA AW COLONRO HIIMU
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      Page 46 Advertisements Column 3
      334 46 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SIN MIST STAR 0530 25/10 7/11 9/11 2C/11 PROSPECT 21S 6/11 11/11 20/11 fi/12 N Z STAR 0532 17/11 29/11 1/12 17/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW
      334 words
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      Page 46 Advertisements Column 4
      903 46 f THONG SOON UNES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 StA BUILDING SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO i SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor Is PORE IDEST VESSEL VOY SPOtt P. KELAWC EQUATOR 111
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      Page 46 Advertisements Column 5
      267 46 ccni Comptnii Chiltni dt NtvtQjctoci (Hiy InlirocMntc i 8. A. SEASPAC SERVICE ACCEPTING CONTAINERS AND BREAKBULK DIRECT SERVICE TO SOUTH PACIFIC ISLANDS sm nou suv m Li. MNTANG 410 KB 2-4/11 15/11 17/11 23/11 MNM I 470X6 25-28/11 10/12 13/12 18/12 DIRECT SERVICE TO CHILE. PERU. BOLIVIA SM CU W
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      Page 47 Advertisements Column 1
      814 47 COMPANIA PERUANA DE VAPORES V "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CAILAO, MATARANI, 10* OTHER PERUVIAN PORTS* MTH T/S AT KOBE ON CPV THROUGH BIL OF LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM ROBE, YOKOHAMA, NAGOYA, MOW, TOKYO*. MANIA*, DAVAO*. Ptnant* P. Kriaif Singapore
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      Page 47 Advertisements Column 2
      608 47 ICZ3 JSL. N.AMERICA CARRIBEAN SERVICES ttSSU VOT SI jjjgUjß WT LAI SAV HTC Iffl m TOKOHANA 211 29/10 IM A OK* M M/U 9/12 11/12 IJ/12 17/12 M ELAT 711 10/11 m UELUNC ME 11/12 21/12 24/12 26/12 23/12 m BARCELONA 2JSE 11/11 M KEELUNG 3* 11/12 26/12 24/12 26/12
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      598 47 CONVENTIONAL SERVICE TO/FRO A) VIETNAM B) HONG KONG C) BANGKOK 0) INDIAN SUB-CONTINENT PORTS REGULAR LINER CONVENTIONAL SERVICE TO BELAWAN/JKT VOV. NO. PK BLW JKT SEA QUEEN 606 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 47 Advertisements Column 4
      370 47 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CMM IOOKIM LIICKT TIAMFORT 8 FREMRT CO (PTE)
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      Page 47 Advertisements Column 5
      394 47 SIN FAR EAST 27/10 KEELUNG/KAOHSIUNG 25/10 BANGKOK 23/10 MANILA/CEBU 25/10 JAKARTA/BELAWAN/SURABAYA 26/10 PORT KELANG/PENANG/E. MALAYSIA 26/10 BUSAN 25/10 TOKYO/YOKO/KOBE/NGO/OSA 26/10 HONG KONG SIN CHINA (+B#±*fen) 26/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI XIN GANG TIANJIN /QINGDAO /HAJKOU also accepting LCL cargo SIN EUROPE/UK 24/10 LDN/FLX/LVP/SOU 24/10 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to
      394 words
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      Page 48 Advertisements Column 1
      729 48 ECONOLINES I 8 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
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      Page 48 Advertisements Column 2
      501 48 Bonterml w CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25TH OCTOBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 25 OCT JAKARTA 25 OCT PENANG 29 OCT PORT KELAN6 29 OCT MELBOURNE 30 OCT SYDNEY 25 OCT FREMANTLE 29 OCT BRISBANE 30 OCT HAMBURG 24 OCT FELIXSTOWE 24 OCT 60THENBURG 24
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      Page 48 Advertisements Column 3
      784 48 This Week's Sailings I To: ETD To: ETD Singapore Singapore Hamburg 17/10/92 Bangkok 18/10/92 Ix>s Angeles Jr Manila 16/10/92 (Onforwarding 10 Mid West/ 18/10/92 Colombo 19/10/92 Tc,: Fax v n MU Singapore 778 6522 *****38 CfjnJhi JmSmm. O IA- Johore 07-*****8 07-*****3 Alfred Nr Yjftpf Jakarta 021-*****40 021-*****01 lro> llsu
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      Page 49 Advertisements Column 1
      1250 49 f FAST TRANSIT TIME 35 DAYS ONLY SINGAPORE TO MANTA (ECUADOR) FEHO VESSEL PKG PEN OCEAN VESSQ SM LEW RTM(I) HMM(2) BRV FIX SOU GOT G. Bhum B Seroia 16/10 14/10 NIL Hoorn/2362 23/10 7/11 8/11 10/11 11/11 9/11 10/11 11/11 "U- Rosano/*****@ 19/10 22/10 21/10 20/10 23/10 27/10 13/11
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      Page 50 Advertisements Column 1
      327 50 WORTH PHILIPPINES FULL CONTAINER SERV CE VESSa VOYAGE SWGAPORE MAMA VIGOUR LUZON 2NB 23/10/92 (FRI) 28/10/92 TWO SAILINGS WEEKLY VIGOUR SUGAPORE 3WB 26/10/92 (MOW) 31/10/92 MONDAY AND FRDAY VIGOUR PACFIC 74W 30/10/92 (FRI) 04/11/92 tdsm«lT A nAYS VIGOUR LUZOW 3WB I 02/11/92 (MOW) 07/11/92 IW n 9 UMa PORT KLANG/PENANG
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      Page 50 Advertisements Column 2
      314 50 i. cosco UKC COWVEWDOWAL ttWVICg VESSEL PKL PNG P.O. LOACMNG FOR: A VESSEL 28/10 Rotterdam/Antwerp CWWA CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOACH NO FOR: A VESSEL 15/10 20/10 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANOKOK/HONOKOHQ EUROPE/CONTINENTAL WEST MEOtTEMUMEAN AUSTRALIA US WEST COAST PERSIAN QULF/K ARAC HI Pteasa
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      Page 50 Advertisements Column 3
      178 50 CONTAINER LINE > k AUSTRALIA WEEKLY J* CONSOLIDATION BRISBANE SYDNEY ADELAIDE MaBOURNE FREMANTLE v. •BRISBANE FREMANTLE a <= ADBAIDCX4 Tel: 538 0155 T" OWENS CONTAINER LINE (S) PTE LTD MELBOURNE 133 New Bridge Road #09-06 Chinatown Point Spore 01 OS VESSEL ETA ETD Splendid Fortune 08E/92 27/10 29/10 Jakarta, Panjang
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      Page 50 Advertisements Column 4
      41 50 ©ORIENT FREIGHT SERVICES PTE LTD C/R NO. **********0 D WEEKLY CONFIRMED CONSOLIDATIONS AND SPECIAL FCL/LCL RATES TO> BOMBAY COLOMBO CALCUTTA KARACHI MADRAS •CHITTAGONG ALSO ACCEPTING CARGOES TO FAR EAST/EUROPE A OTHER PORTS FOR ENQUIRIES CALL US AT TEL: *****92/ FAX: 2229M5
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  • Page 50 Miscellaneous
    • Miscellaneous
      Page 50 Miscellaneous Column 1
      461 50 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 )R 09 08 0.9 1.1 1.4 1.7 1.9 2.1 21 2.0 1.8 1.6 1.4 1.4 1.4 16 1.8 2.1 24
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      Page 51 Advertisements Column 1
      1053 51 ▲HYUNDAI MEKCHANT MARINE CO. ITD. WESTBOUND TO EUROPE VESSELS PHA PKE P€P I S* I HTM AMT« L£H* HAM BREj FP. SI. MAAKR 301* 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXPLORE* 302* 30/10 30/10 30/10 1/11 20/11 20/11 21/11 21/11 21/11 24/11 H. CHALLENGE* 301*
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      Page 51 Advertisements Column 2
      467 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY IFTS INBOUND VESSELS vessel NT ff n KK u TUJMK KIM II SU 21/11 SEANASTER I I SU MFT SU ITMM 1 1 21/11 NUKt OCtAR 121 25/10 m 21/11 NKTWUA 7 I 21/11 21/11 CRAATttR TRADER 21 21/11 11/11 cosac cauiiKti
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      Page 51 Advertisements Column 3
      801 51 JEDDAH/UK/CONmNENT ISTOK ItS S TON KBUK RDAM IDt Aha Act**m C»r> Fr DM SOU W 17/342 25/10 3/11 11/11 14/U lft /II 11/U :toM UK (teMrtm, Mfwl mi Gubfe RAMAKUUt 2s/143 21/11 21/11 11/U 17/11 Uttmtm :to M kitmmf, o*. IMMtf RASA 21/343 1/U 11/U 11/U 22/11 24/U M/U SMMw»to«
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      146 51 »BINTANG MAS SHIPPING PTE. LTD. 39 NOL ROAD SINGAPORE 0208 TEL: ***** M TLX: R*****5 SMMER FAX: *****64 ACCEPTS POUTS OF CARGO STOKE DESTWATWt BMTAM SEMA *2IE 19-21 Od 22-22 Oct BtoMu, Mi KBcM MERCURY IAOE VISE 24-20 Oct 27-21 Oct Muari. Lahua HNTANC BELAIT V23E 20-27 Oct 20-20 Oct
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      74 52 Every Saturday in Business Times KHIHH M.V. KICCHO MARU VOY. 120 Arrived 10th October 1992 M.V. NEW PRINCE VOY. 1 Arrived 14th October 1992 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 22nd October 1992 0900 -1200
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      121 52 Every Saturday in Business Times .Across Asia UPS planes do something very important every day. They take off on schedule. Worldwide Expedited Package Service from UPS ensures the packages it carries will arrive in the As conventional shipments are being consolidated on the ground, your UPS shipments are already in
      121 words