The Business Times, 5 August 1992

Microfilm: NL18499
Total Pages: 54
1 54 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, August 5, 1992 75*
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  • NEWS SUMMARY
    • Article
      CNN poll puts Clinton ahead with 57pc support
      87 1 US DEMOCRATIC presidential candidate Bill Clinton would win 57 per cent of the vote to President George Bush's 32 per cent if the elections were held now, Cable News Network said yesterday. Only 29 per cent of voters approved of the way
      87 words
    • Article
      Tokyo economic team to visit China
      57 1 TOKYO The Japan-China Association of Economy and Trade said yesterday that it would send a high-powered economic mission to China next month to promote bilateral relations. The 70-member mission, to be sent for four days from Sep 16, will include Gaishi Hiraiwa, chairman of
      57 words
  • MARKET SUMMARY
    • Article
      Dow lower
      31 1 PRICES on Wall Street opened slightly lower yesterday, with the Dow Jones Index of 30 leading industrials down 2.45 points to 3,392.95 in the first five minutes of trading.
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    • Article
      Footsie lower
      44 1 LONDON shares were fiat at midday yesterday after initially climbing in reaction to a poll showing the French in favour of ratification of the Maastricht Treaty. At 1130 GMT, the FTSE index of 100 leading shares was down 2.7 points at 2.417.5.
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Chance BT-MGA 702.38 +6.68 Kuala Lumpur ....603.54 +2.15 Tokyo 15,692.59 -16.86 Hongkong 5,859.78 -50.95 Sydney 1,612.5 -4.8 Monday Change New York 3,395.40 +1.62 London 2,420.2 +20.6
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    • Article
      CURRENCIES
      19 1 r irhni£fi rates USS SS 1.6100 100 Yen S$ 1.2642 Mmmp 6434 Overnight 3 3/8 3-month 2-1/2% +1/8
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    • Article
      COMMODITIES
      36 1 London Cold AM fix US$352.75 -US$4.55 S'pore Sep.... 142.50*/kg -0.50 M sia Sep 221 '/kg unch KL Tin Turnover 20 tonnes Spot M$16.95/kg -0.02 Crwlo pakn oM Turnover 563 lots -386 Oct M$832 /tonne +2
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  • Article, Illustration
    Call to adjust policies for slower growth
    718 1  -  Economic fundamentals remain strong but savings and tax policies need review, say analysts By Patrick Daniel, Kenneth James SINGAPORE With the economy entering a mature slower-growth phase, policies which worked well in the fast-growing '70s and '80s need to be adjusted so that
    718 words
  • Article, Illustration
    Lock icon KLSE to treble market cap to US$250b in five years
    342 1  -  From Shoeb Kagda in BAU THE Kuala Lumpur Stock Exchange, already the Asean region's largest bourse with a market capitalisation of US$BO billion (*****.8 billion), plans to treble this to US$25O billion in the next five years. "Our vision over
    Source: SG Warburg Securities  -  342 words
  • Article
    Creative Technology shares make strong debut in US
    269 1  -  By Joseph Rajendran SINGAPORE Shares in homegrown Creative Technology began trading last night on New York's Nasdaq secondary market and opened at a premium of US$ 1.25 on the issue price of US$l2. Within 70 minutes of trading, the stock had put
    269 words
  • Article
    Lock icon US Index of Leading Indicators falls for first time in six months
    318 1 Reuter WASHINGTON The chief US economic forecasting gauge weakened in June for the first time in six months, the Commerce Department said yesterday, pointing to a feeble economic recovery for some months to come. It also spelled more
    Reuter  -  318 words
  • Article
    S'pore showing Asia the way with flexi-wage systems: ILO
    372 1  -  By Peck Ming SINGAPORE As economic conditions grow hostile, flexible pay systems are catching on in Asia with Singapore providing the model, according to the International Labour Organisation. "Singapore has the most advanced flexible pay scheme dating back to 1985 when
    372 words
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      475 1 U B :tVT? 7 mmlntl ZITURA TThr'■£ ItoMrf MlMtnJ t C i tmwm Fels results slide RIGBUILDER Far East Levingston Shipbuilding Ltd (Fels) has reported sharply lower interim results, with group net earnings down nearly a third to $9.15 million Page 4 Earnings fall STIFFER competition in the Singapore-East Malaysia-Bru-nei
      475 words
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      8 1 US economy grew modestly in July, pg 11
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      Page 1 Advertisements Column 3
      201 1 w§k The Shopping Mall 11 T MO,M More reports on Rg 2 Analysts divided over hollowing out of industry Call to monitor tax burden on companies Why an OCBC Bank bonus issue is expected, Pg 4 Law Page: Curing shareholder impotence, Pg 17 Hi j I i.l //wElim 11 A/Muma*
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  • PAGE 2 NEWS
    • Article, Illustration
      Analysts divided over hollowing out of industry
      754 2  -  The Singapore economy: slower growth and industrial restructuring Reports by Kenneth James SINGAPORE Some analysts are concerned that with more and more companies relocating their operations in neighbouring countries, Singapore's industrial base may see a sudden "hollowing out" that stunts future growth of
      754 words
    • Article, Illustration
      Call to monitor tax burden on companies
      470 2 SINGAPORE Higher interest rates for Central Provident Fund (CPF) accounts, closer monitoring of the total tax burden and more flexible uses of government savings. These are among several proposals made by businessmen and analysts to help the Singapore economy graduate to the next
      470 words
    • Article
      S'pore firm bags deal with Chinese central bank
      321 2  -  By Diana Oon SINGAPORE BCS Information Systems (BCSIS), a Singapore software and consultancy firm, has won a half-a-million-dollar contract to provide the Shenzhen branch of China's central bank with an automated cheque clearing system. The contract from the People's Bank of China
      321 words
    • Article
      Lock icon China rebukes Ramos over Taiwan meeting
      164 2 Reuter MANILA China rebuked Philippine President Fidel Ramos yesterday for taking part in a business meeting in Manila attended by Taiwan's economics minister. "We have no objection to the economic and trade exchanges between the Philippines and Taiwan on a people-to-people basis," Chinese embassy
      Reuter  -  164 words
    • Article, Illustration
      Indonesia gets round to developing human resources
      225 3 Time to shift emphasis from the economy: Suharto JAKARTA After almost 25 years of economic development, Indonesia should now focus on developing its human resources, President Suharto said yesterday. "The facilities and infrastructure that we have built were just tools. The main target
      225 words
    • Article, Illustration
      Rajan Pillai suits centre on repurchase of Britannia shares
      535 3  -  By Salil Tripathi, S N Vasuki SINGAPORE At the centre of Rajan Pillai's dispute with former RJR Nabisco chief executive Ross Johnson is a disagreement over repurchase of shares in Britannia Industries, the vehicle for the 1989 takeover of Nabisco's Asian
      535 words
    • Article
      Singapore should tap export base of emerging markets, says DBS
      374 3  -  By Chueng Peck Ming SINGAPORE Emerging markets in Asia and other parts of the world offer Singapore a good chance to expand its export base, says DBS Bank. At present, more than half of Singapore's non-oil exports go to just
      374 words
    • Article
      Association plans venture-capital fund to invest in smaller firms
      509 3  -  By Helen Chang SINGAPORE Smaller local companies may soon have more ways to raise money. The Association of Small and Medium Enterprises (ASME) is setting up a venture-capital fund to invest in local firms. And it plans a new scheme to
      509 words
    • Article, Illustration
      STPB building will bring new life to area
      337 3  -  By Hong Lee Tiam THE Singapore Tourist Promotion Board says its plan to build a $52 million headquarters at the junction of Grange and Orchard roads will turn the area into a magnet for tourists. The STPB, which put its building out
      337 words
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      Page 2 Advertisements Column 1
      62 2 SINGAPORE f Towards > V OCEAN TOWERS Direct link to the MRT Column-free office A A space Computerised building management 1 4 system Sophisticated card-key security system High speed lifts Ample carpark lots CD J MARINA OFFICES FOR LEASE „>\- FOR IMMEDIATE OCCUPATION DMVgIOfSM- SOLE HAKKETIMG AOSHT: 'f Ocean Properties
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      Page 2 Advertisements Column 2
      173 2 —I m ACMA Mobile Splif-Aircondilioner Makes Coolness a Moving Experience. Hi a® 1 |dEi/>^l^|H!i" if» |Jyi| arc a office hours.- Now you can stay cool wherever you are with the Acma SP 2200 mobile airconditioner. Compact and wheel-mounted, you can move it anywhere from room to room, office to office.
      173 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      174 3 Ipswich City Square Major include is the premier in this established C city in the heart of Woolworths South East Queensland, MM Supermarket just 40 kilometres west Errol Stewarts, of the Brisbane GPO. Korvette and Stores access to transport 79 speciality stores majority national I Budgetted Nett and statewide traders,
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      Page 3 Advertisements Column 2
      74 3 A Breguet watcn. Tke very private reward.. f utttT* 1 (A fl :xBzttBjMLh::: '1 m/lluß ItrfkdfSKtiUm Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Pacific Carriers to transfer ship for $10m
        78 4 SINGAPORE Pacific Carriers Ltd yesterday announced the transfer of a vessel, M V Ikan Tenggiri, to its Malaysian subsidiary Kelas Mayang Sdn Bhd at its book value of nearly $10 million. The vessel's present owner, Tenggiri Shipping Pte Ltd, is a subsidiary of
        78 words
      • Article
        98pc subscribe to Tat Lee rights
        60 4 SINGAPORE Tat Lee Bank shareholders have subscribed to 33.83 million rights shares with warrants, representing 97.78 per cent of the total rights shares offered. The balance of 766,388 shares not accepted will be allotted to the applicants for the excess rights shares with warrants
        60 words
      • Article
        Adviser calls for approval
        78 4 KUALA LUMPUR Minority shareholders of Consolidated Plantations Bhd have been urged by financial adviser Bumiputra Merchant Bankers Bhd to approve the company's proposed acquisition of 9.35 million Msl ordinary shares representing 55 per cent of the equity interest in Syarikat Malacca Straits Inn for M 59.35
        78 words
    • Article
      Corrections and clarifications
      85 4 IN RESPONSE to Business Times' Aug 1 report "Bonvests offers USs3som toxic waste plan to Viets", Bonvests Holdings has clarified that the toxic waste plant was initiated by Miltox Holdings Pte Ltd. Bonvests is a minority shareholder with a 10 per cent share in the paid-up capital
      85 words
    • Article
      STI shortlisted for Aussie phone licence
      213 4 SINGAPORE Singapore Telecom International (STI) could be making its second investment in Australia soon if its bid for the country's third mobile phone service is successful. The Australian Minister for Transport and Communications, Senator Collins, yesterday invited nine companies to apply for the mobile
      213 words
    • Article
      Interim earnings at Fels slip 30pc to $9m
      423 4  -  Rigbuilder incurs group operating loss of 1 m By Dexter Lee SINGAPORE Rigbuilder Far East Levingston Shipbuilding Ltd (Fels) reported sharply lower interim results yesterday, with group net earnings dropping nearly a third to $9.15 million. More significantly, the Keppel Corp subsidiary
      423 words
    • Article
      Summa reaps $3m surplus from sale of two properties
      181 4 SINGAPORE Summa Investments Ltd, the Singa-pore-listed investment vehicle of the Indonesian Soeryadjaya family which controls PT Astra International, has reaped a surplus of $3 million from the sale of two properties. Chairman William Soeryadjaya said in the company's latest annual report
      181 words
    • Article
      Stiff competition eats into Steamers' profits
      322 4  -  By Dexter Lee SINGAPORE StifTer competition in the Singapore-East Malaysia-Brunei trade route reduced the interim group net earnings of Steamers Maritime Holdings Ltd by 12 per cent to $3.55 million. Group operating profit for the six months ended June 30 sagged an even bigger
      322 words
    • Article
      Sime Darby ties up with French insurance giant AXA
      260 4  -  By Dawn Tan SINGAPORE Malaysianbased conglomerate, Sime Darby Bhd, has established a joint venture with the AXA Group, a giant European insurer, in an effort to strengthen its regional insurance operations. Under two agreements, Paris-based AXA will buy equity in Sime
      260 words
    • Article
      Heavier punishment for M'sian corporate crimes
      378 4 PETALING JAYA Twen-ty-eight penalties in Malaysia's Companies Act are being amended to provide for stiffer punishment for white-collar crime. According to a report in The Star, Domestic Trade and Consumer Affairs Minister Abu Hassan Omar said on Monday that the penalties ranged from a
      378 words
    • Article
      Lock icon Faber unit in Viet property venture
      176 4 Bernama KUALA LUMPUR Faber Group's wholly-owned subsidiary, Faber Labuan Sdn Bhd, has signed a joint-ven-ture agreement with Hotay Production Services Company of Hanoi, marking the beginning of the group's involvement in foreign investment and participation in regional economic growth. Faber said in a statement
      Bernama  -  176 words
    • Article
      With facts like these, can an OCBC bonus be far behind?
      529 4  -  THE HOCK LOCK SIEW COLUMN By Amy Balan SINGAPORE Dull markets generate grist for the rumour mill. After going on and off for two months, one rumour making the rounds in yesterday's lethargic market was that OCBC Bank will
      529 words
    • Article
      Lock icon HK's Playmates buying into French toy maker
      359 6 Ninja Turtles manufacturer to pay HKs23sm for Ideal Loisirs stake FT PARIS Playmates, the Hongkong manufacturer of the Teenage Mutant Ninja Turtles toys, will pay HK$235 million (5549.4 million) for a 35.31 per cent stake in Ideal Loisirs, the leading French toymaker which
      FT  -  359 words
    • Article
      Lock icon IEL to float retailing unit Woolworths
      221 6 Reuter SYDNEY Industrial Equity Ltd (lEL) said it has decided to proceed with the public flotation of its retailing unit, Woolworths Ltd. lEL is owned equally by The Adelaide Steamship Co Ltd (Adsteam), David Jones Ltd and Tooth Co Ltd. lEL said 48 per
      Reuter  -  221 words
    • Article
      Lock icon Gaming, tobacco firms hold biggest KLSE cash hoards
      558 6 MBT KUALA LUMPUR Gaming and tobacco companies are well ahead of most other companies on the Kuala Lumpur Stock Exchange (KLSE) in terms of cash holdings. According to stockbroking firm TA Securities, all five gaming stocks Genting, Leisure Management, Mycom, Resorts World
      MBT  -  558 words
    • COMPANY BRIEFS
      • Article
        Japan may order firms to disclose overseas profits
        60 6 TOKYO The Japanese Finance Ministry is considering ordering listed Japanese companies operating abroad to give a full accounting of their overseas operations, an official said yesterday. The move is aimed at meeting criticism of some Japanese trading practices. The official said disclosure
        60 words
      • Article
        Sumitomo joins Viet venture
        94 6 TOKYO Japanese trading giant Sumitomo Corp is to form a plastics venture in Vietnam with local plastics manufacturer Vinaplast Co and Malaysian polypropylene producer Tego Sdn Bhd, a spokesman said yesterday. The new company, based in Haiphong city, is to be set up this month with
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      • Article, Illustration
        Sharing in Shenzhen's prosperity
        30 6 SHENZHEN Residents of the southern Chinese town of Shenzhen queueing outside the stock exchange building to buy shares from stockbrokers in the prosperous special economic zone.
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      • Article
        HK's Hop Ying posts lower profit
        56 6 HONGKONG Hop Ying International Holdings Ltd, a Hongkong-based leather distributor, has reported consolidated profit after tax and minority interests of HK$25 66 million (555.34 million) for the year ended March 31 1992 a drop of 38 per cent from the year before. Turnover rose
        56 words
    • COMPANY BRIEFS
      • Article
        TI Group posts lower interim earnings
        90 8 LONDON TI Group pic said it earned £50.2 million (S$ 150.6 million) pre-tax in the first half of 1992, down from £54.2 million a year earlier. The UK engineering company said in a statement it will pay a first-half dividend of 10.2 pence per
        90 words
      • Article
        Macy's losses continue
        90 8 NEW YORK RH Macy and Co posted a loss of U5564.7 million (S$ 103.5 million) for the five-week month ended July 4, on retail sales of US$535 million. Showing a deteriorating condition from the month before, Macy's operating loss more than doubled to US$32.B million, from US$l4
        90 words
      • Article
        HP launches new computer card
        54 8 PALO ALTO, California Hewlett-Packard Co introduced a new fibre-optical card on Monday that promises to give businesses cheap access to high-speed supercomputer technology. The device, called the HOLC-0266 optical-link card, is the first product to result from a development and marketing alliance between Hewlett-Packard and
        54 words
      • Article
        Guinness chief may join Christies
        76 8 LONDON Art auctioneers Christies International pic said on Monday that it was holding talks with drinks group Guinness pic chairman Sir Anthony Tennant about the possibility of him joining the company's board. A Christies' spokeswoman would not comment on a report in a British newspaper
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      • Article
        Pirelli appeals Conti's decision
        78 8 MILAN Pirelli SpA said it has formally filed an appeal of Continental AG's decision to limit Pirelli's voting rights at the German company's annual meeting on July 3. Pirelli, which had said following the meeting that it would lodge an appeal, said in a statement that
        78 words
    • Article
      Lock icon Apple unveils new powerbook, Mac software
      339 8 Reuter CUPERTINO, California Apple Computer Inc has introduced a new midrange Powerßook personal computer with as much power as its most advanced model and unveiled new easy-to-use software for the Macintosh desktop PC. The Macintosh PowerBook 145 replaces the PowerBook 140 in the Apple
      Reuter  -  339 words
    • Article, Illustration
      Lock icon Taubman to sell stake in mall empire
      453 8 NYT NEW YORK A Alfred Taubman's shopping mall empire plans to sell shares to the public, hoping to raise between US$335 million (S$ 539.4 million) and US$3B9 million from investors who would get a 22 per cent stake in a group of 19
      NYT  -  453 words
    • Article, Illustration
      Market recovers from Big Bull scandal
      506 8  -  MONTHLY ROUNDUP MS^Basa»i By Rajendra Bajpai INDIA'S stock market has just emerged from May's trauma when the Bombay Stock Exchange Index plunged nearly 1,500 points in a matter of days. Now, brokers and investors are beginning to predict another stockmarket boom, but few are
      506 words
    • Article
      Lock icon Philips expected to post steep drop in profits
      469 8 Reuter AMSTERDAM Philips Electronics NV, hit by weak demand for consumer electronic goods, is likely to announce at least a 40 per cent drop in profits when it reports second-quarter results tomorrow, analysts say. Forecasts for net profit from normal operations in
      Reuter  -  469 words
    • Article
      Lock icon Foreign brokers seek a slice of Korean market
      233 8 Reuter SEOUL Overseas securities houses are taking advantage of a slump in the Seoul stock market and ignoring South Korea's traditional wariness rf all things foreign to find bargains and prepare for an eventual recovery. Londoa-based J Henry Schroder Wagg A Co
      Reuter  -  233 words
    • Article
      Lock icon Borland loses in court but may win in the market
      305 8 Reuter SAN FRANCISCO Borland International Inc suffered a court defeat to rival Lotus Development Corp but analysts believe its spreadsheet software, the subject of the dispute, may still win in the marketplace. A US district court ruled in Boston on
      Reuter  -  305 words
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      303 4 S'pore stocks up 10.8 pts 22 Nikkei fluctuates 28 Business within easy reach, 44 times a week. Singapore Jakarta If you're a business traveUer to Jakarta, you'll be in good hands with Garuda Indonesia. That's because we have 44 flights to Jakarta every week at very convenient times. With up
      303 words
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      74 5 flHr JjKr fl|r IBBBBHI ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■11 Mgee Ann City Is Close To Shops, Restaurants, [i Transport And Nightlife. In Other Words, Close To Perfect. i >i r 4 11 J r jt* i"* i i Chesterton INTERNATIONAL Jul In 1995. Ngee Ann City will open as a revolutionary workstyle concept if]
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  • Page 6 Advertisements
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      163 6 THE NEW, IMPROVED MITSUBISHI SPACEWAGON. WE IMPROVED NOTHING. L—.—-—- —iffi T* r«r: Space, as you well know, is nothing. What you put into it, and around it, is everything. Which is why our new Mitsubishi Spacewagon transports up to 7 people (plus luggage) with such refinements as a 1.8 litre,
      163 words
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      84 7 Tr <QK f3X m£i w S *>IjH|K7 -^BHlßiii, »j. *V ',i ■ml —W' -Jjy *v *jA "•W 1 ■^y sV>.' i 1 j 'sfNi J| \i j .{J E 1 f J** »jfe* I vyH^ 4 i UTA NON-STOP FLIGHTS TO PARIS EVERY MONDAY. TUESDAY. FRIDAY AND SATURDAY. OROUPE SO
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      118 8 WESTCENTRE <fg|) 3-13 LEURA AVENUE Ofßce'ltower Bayview Shopping Centre Future redevelopment potential Also includes ground level retail, ™0 *****11ti L3IIG foodhall and tavern. area 18 3034 m w,th ma or tenant A magnificent opportunity to secure a being Bunnings. Nett lettable area 12,932m 2 substantial slice of the largest, unrivalled
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      Page 8 Advertisements Column 2
      52 8 LOAN FINANCE WorMwMo racogmaad awiaa-baaod intarnattonal financa organization with mora than 29 yaart ot axpari•nca, holding a bank, invitoa applicant* tro«n PROFESSIONALS Who ara abia to rocommond aorioua. aubatantial and roputatota borrow#™ roquoating profoct finonca. refinancing, acQuiaition ftnonc*. Appolntmant aa agaat attar auceowhH cooperation. FtiM protection. Fax: Switzerland (01) 2«3
      52 words
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  • FINANCIAL NEWS
    • Article
      Plus raising further M$1.2b for highway project
      456 9  -  By Dawn Tan SINGAPORE More funds for Malaysia's mammoth North-South Highway project which has been plagued by cost overruns are now being raised, banking sources said. Projek Lebuhraya UtaraSelatan Bhd (Plus), the developer of Malaysia's biggest public works project, is seeking Msl.2 billion
      456 words
    • Article
      Tat Lee Bank to open branch in HK, office in Beijing
      316 9  -  By Quak Hiang Whai SINGAPORE Tat Lee Bank has jumped on the bandwagon to China, announcing that it will open a representative office in Beijing and a restricted-licence banking branch in Hongkong. The Beijing office, to be opened on
      316 words
    • Article
      Lock icon Dresdner's first-half profit up 15pc
      159 9 Bloomberg HAMBURG Dresdner Bank AG boosted first-half group total operating profit 15 per cent to 1.4 billion Deutschemarks (Ssl.s billion), said chief executive Wolfgang Roeller in a statement ahead of the bank's half-year conference. Dresdner said group partial operating profit was up 20 per cent
      Bloomberg  -  159 words
    • Article
      Futures trading in Tokyo, S'pore, Chicago hit record high in July
      392 9  -  By! Soh Tiang Keng SINGAPORE Monthly trading at three futures exchanges in Chicago, Tokyo and Singapore hit record highs in July thanks to sharp movements in world share prices and changes in interest rates. At the Chicago Mercantile Exchange,
      392 words
    • Article
      Lock icon Recession still hitting NatWest
      158 9 Reuter LONDON National Westminster pic, reporting more than doubled first half pre-tax profits, said recession was still hitting its lending operations and any further improvement would await more concrete signs of an upturn. "Pending some more definite evidence of economic recovery we remain cautious for the
      Reuter  -  158 words
    • SMALL CHANGE
      • Article
        UK's fraud office drops two phases of case
        69 9 LONDON Britain's Serious Fraud Office (SFO) has dropped the second and third phases of the Blue Arrow trial, one of the country's longest and costliest fraud prosecutions. "The director of the Serious Fraud Office does not consider it is now in the
        69 words
      • Article
        Australian banks stabilising
        58 9 SYDNEY Australian banks have emerged from recession in reasonable shape, Graeme Thompson, an assistant governor of the Reserve Bank of Australia told a conference of financial institutions yesterday. "While the level of problem loans has apparently stabilised, this hardly means an early return to healthy profits for
        58 words
      • Article
        Royal Bank sees higher provisions
        75 9 LONDON Royal Bank of Scotland Group pic said provisions for loan losses for fiscal 1992 were likely to be more than those seen in 1991 and this would adversely affect its results for the year to the end of September. The UK clearing bank said
        75 words
      • Article
        Midlantic plans stock sale
        70 9 NEW YORK Midlantic Corp, a New Jersey banking company that two years ago was widely expected to collapse from losses on commercial real estate loans, has staved off that fate and has announced plans to raise about US$ll3 million (SSIB2 million) of additional capital. Most of
        70 words
      • Article
        Japan banks can write off debts
        57 9 TOKYO Japanese banks will be able to write off non-per-forming debts eventually, although it will take time to do so, Finance Minister Tsutomu Hata said. He told a news conference he was uncertain whether his ministry would urge financial institutions to disclose bad debts
        57 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      59 9 Jjmwy.Jvcnte For Investment vJBE -,-2tj Stunning nae waterfront home, full brick 4 Bedroom, 4 Bathroom, Spectacular coastal vines, Architecturally designed with huge living areas open to in-ground pool, 4 car Garaging Security. Air conditioning Quality inclusions throughout Land area: 77Our (8,288 sq.ft) Building Area: 836nr (9,000 sq.ft). 3 For further
      59 words
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      Page 9 Advertisements Column 2
      127 9 > &A fa Inside the cabin has a pleasing appearance X^ e door closes with a thud The bodysheli The mouldings look and feel very well-made. has been des ,g ne d for durability and actually there are no rattles or squeaks and there s turns out to be marginally
      127 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Malaysia may face power shortage in 1993
        72 10 KUALA LUMPUR Malaysia may face a shortage of electricity by June 1993, based on the current rate of demand, said Deputy Energy, Telecommunications and Posts Minister Tajol Rosli yesterday. Electricity demand was expected to reach 5,250 megawatts during peak periods by next June
        72 words
      • Article
        KL team to promote palm oil
        80 10 KUALA LUMPUR A high-powered Malaysian delegation is set to begin an aggressive mission to consolidate and promote Malaysia's palm oil sales in its major markets in Pakistan and India, officials said yesterday. Primary Industries Minister Lim Keng Yaik will lead the delegation, starting tomorrow,
        80 words
      • Article, Illustration
        Waterways cleared of cars
        42 10 SYDNEY A driver watched as an Alfa Romeo was retrieved from Sydney Harbour yesterday. In a two-day operation to clear the waterways, more than 30 vehicles, mostly stolen and insured for an estimated A 5300,000 (*****,000), were recovered.
        42 words
      • Article
        Phnom Penh urges UN action
        80 10 PHNOM PENH The United Nations should consider launching a peace-enforcing mission in Cambodia if the radical Khmer Rouge faction continues to refuse to cooperate with the UN Peacekeeping operation, a senior Phnom Penh official said on Monday. Asked whether this meant the civil war would
        80 words
      • Article
        Give China a say: HK magazine
        61 10 HONGKONG A pro-Beijing magazine has demanded that China has a say in how elections to Hongkong's legislature are run in 1995, two years before the British colony returns to Beijing rule. The Hongkong monthly Bauhinia, which is often a mouthpiece for official Beijing comment,
        61 words
    • Article
      Suharto backs privatisation of ailing plantation companies
      414 10 JAKARTA President Suharto supports a plan to privatise Indonesia's money-losing state plantation companies, the Jakarta Post reported yesterday. Minister for Agriculture Wardoyo told reporters that Mr Suharto expressed support of the privatisation plan during a meeting at the state palace on Monday. "The
      414 words
    • Article, Illustration
      Lock icon Ramos asks Congress for 330b-peso budget
      375 10 AFP MANILA Philippine President Fidel Ramos yesterday asked Congress for a 330.2-billion-peso (5520.5 billion) national budget, of which 39 per cent would be used to service debt. Defence, a government priority following the scheduled withdrawal this year of the remaining American troops at the
      AFP  -  375 words
    • Article
      Lock icon Forest fires in Indonesia seen as national disaster
      272 10 Bernama KUALA LUMPUR Indonesia's frequent forest fires, especially in the Kalimantan region, have depleted its 120 million hectares of forests and turned the environmental threat into a national disaster, according to a report released here yesterday. Between 1982 and 1983, fires in
      Bernama  -  272 words
    • Article
      Hongkong body wants to be regional body on environment
      235 10  -  By Nirmal Ghosh SINGAPORE Hongkong's Centre of Environment Technology (CET) hopes to serve as the regional business centre for the US-Asia Environmental Partnership (USAEP), an initiative announced by President George Bush during his visit to Singapore in January this year. The
      235 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      192 10 I Business Before Breakfast li WM To look good in business, Business Times gives you all foot in the office. You may even or The HPL/UOB VISA Gold you'd do well to pay careful atten- the news you need: local, regional know a couple of things your boss Card that
      192 words
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  • THE WORLD
    • Article
      Lock icon China's workers oppose Deng's reform plans
      507 11 Attempts to smash the iron rice bowl meet guerilla-style resistance Reuter CHONGQING, China Amid the belching smokestacks and grimy factories of China's "Rust Belt", Deng Xiaoping's reform drive is running into trouble. When workers learned that the bankrupt Chongqing Knitting Mill was to be
      Reuter  -  507 words
    • Article, Illustration
      Lock icon Bush, Congress cut taxes as election approaches
      361 11 Reuter WASHINGTON Fresh from debating the dangers of the soaring United States budget deficit, Congress and President George Bush are pushing ahead with tax cuts that critics say will cost tens of billions of dollars in lost revenue. In a show of election-year
      Reuter  -  361 words
    • Article, Illustration
      Lock icon Second member of the Gang of Four dies
      259 11 Reuter BEIJING Wang Hongwen, one of the ultra-leftist "Gang of Four" that terrorised China during the 1966-76 Cultural Revolution, died on Monday at the age of 58, the official New China News Agency said yesterday. Wang was sentenced to life imprisonment in
      Reuter  -  259 words
    • Article
      Lock icon Tokyo officials worried about commitments to US on economy
      447 11 NYT TOKYO Only a few days after they were announced, some government officials in Tokyo are downplaying the significance of Japanese agreements to try to implement measures to help ease tensions with the US over trade. During two days of talks
      NYT  -  447 words
    • Article
      Lock icon Bursting of 'bubble' economy leaves Tokyo firms struggling
      505 11 Slowdown sends ailing companies scurrying for help AP ATSUGI, Japan The clanging of metal echoes like a defiant cry from inside the dark, oil-stained plant of Sanwa Parts Co. It is the sound of a proud Japanese company struggling for life in
      AP  -  505 words
    • WORLD WATCH
      • Article
        Apparel dispute snags Nafta talks
        82 11 WASHINGTON Negotiators made slow progress on Monday on the final details of a planned North American Free Trade Agreement, largely because of a dispute involving Canada's apparel industry. However, several people close to the talks said they expect a comprehensive agreement to be struck this
        82 words
      • Article
        Funding for supercollider project
        79 11 WASHINGTON Rejecting arguments that the superconducting supercollider is a luxury the country cannot afford, the United States Senate on Monday approved spending US$55O million (*****.5 million) next year for the Texasbased proton smasher. Most senators agreed that it would be worthwhile to investigate the fundamental essence
        79 words
      • Article
        New focus of Japanese economy
        54 11 TOKYO Japan's economy is shifting to greater emphasis on domestic demand-driven growth and its exports are unlikely to increase sharply, Finance Minister Tsutomu Hata said yesterday. Japanese exports have been increasing fairly rapidly recently, but Japanese companies are unlikely to use exports as the road
        54 words
      • Article
        Tokyo may seek disclosure
        73 11 TOKYO The finance ministry is considering ordering listed Japanese companies operating abroad to give a full accounting of their overseas operations, an official said yesterday. The move is aimed at meeting criticism of some Japanese trading practices. The official said disclosure would help investors and ease
        73 words
      • Article, Illustration
        Middle East war games
        39 11 KUWAIT A United States Marine giving the thumbs-up signal as his amphibious vehicle headed for Kuwait's port yesterday. More than 2,000 US Marines are taking part in the Kuwaiti-US military exercises that began on Monday.
        39 words
      • Article
        Brazilian minister resigns
        62 11 RIO DE JANEIRO Brazilian Education Minister Jose Goldemberg has resigned, the first Cabinet member to step down since a government corruption scandal erupted in May, Globo television reported on Monday night. The report did not say why the minister had resigned, but Mr Goldemberg has been outspoken
        62 words
      • Article
        Turning plastics into crude oil
        70 11 BOTTROP, Germany German oil Firm VEBA Oel AG plans to start converting used plastic containers and films back into crude oil in commercial quantities at a plant in this western German city soon. "Our experiments show it is possible to turn plastics back into oil
        70 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      134 11 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. the SINGAPORE Call 733 HBBB for resenaamy 1 Ctacaden Ro»d (off Orchard Road) Complimentary valet parking Singapore 1024 Yes, I'd Like To Do Business Before Breakfast. Please send me a 1-year
      134 words
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  • Article
    Loosening the censor's grip
    483 12 EDITORIAL THE Censorship Review Committee's survey on Singapore's changing moral values will have surprised many who find it hard to believe that Singaporeans are such a conservative lot. Aren't Singaporeans becoming more permissive in their sexual mores? Isn't there a growing problem of teenage pregnancies? Hasn't
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Please return the surplus
      287 12 CASH-RICH blue chips are not rare on the Stock Exchange of Singapore. What is rare is the company which, looking at its huge cash pile, will concede that it is surplus to its current or immediate future needs and then moves to return the excess to
      287 words
    • Article
      Another Gulf War?
      110 12 TWO years after the Gulf War, the threat to peace and security in the region seems to remain. Despite its crushing defeat at the hand of the Allied troops, Iraq has remained defiant. Indeed. Iraq has threatened to invade Kuwait for the second time. The possibility of
      110 words
    • Article
      Setting an example
      128 12 NOT being on time is a weakness in the Chinese society. During the punctuality campaign, it is not difficult for meetings, especially those attended by government ministers, MPs and community leaders, to achieve punctuality. The problem is that after the August celebrations and the campaign have come
      128 words
  • REGIONAL VIEWPOINTS
    • Article
      Managing state banks
      153 12 THE government's simultaneous move on Saturday to change the status of state banks from mere government agencies to limited liability corporation, as called for in the new Banking Act, and to appoint new boards of directors and supervisors, is an effective way to improve their management, for
      153 words
    • Article
      Localising top posts
      148 12 WITH his politician's eye for public relations, Mr Chris Patten is well aware of the need to promote more local faces to the top jobs. To widen the field, he should be looking at the next level down, perhaps promoting key locals such as Secretary for Constitutional
      148 words
    • Article
      Ethics and repossession
      213 12 PERHAPS, the public's general reaction to the introduction of a new code of ethics on the repossession of goods by the Domestic Trade and Consumer Affairs Ministry is that of great expectations. One such expectation is that the days of brute grabbing by re-possessors would be over.
      213 words
  • Article, Illustration
    Lock icon A lesson from the recession
    860 12  -  America's economic slump may have been pretty painful, but a few US companies have nevertheless managed to boost their profits by cutting costs and raising productivity. Adam Bryant reports Adam Bryant NYT HARD TIMES have taught corporate America a powerful lesson: the art of cost-cutting
    NYT  -  860 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      124 12 THREES A COMPANY J JV'i 'iaHHv *mHh^S ■k B iitiff Jit >* mM' w i'WpmfimK jB v9|^H Many people still think of Management an authorised ORIX as strictly a dealer f° r most makes of company. But new also offers enter- packages prises Besides ORIX car Car Rentals, there's ORIX
      124 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      45 12 DOONESBURV BY GARRY TRUDEAU Hti, GOOD GO/N'ON Thß HJST BB SA9BRTD 05 A tfukm* NATIONAL MtXIT SCHOL- GRJNPIF YOU GROW UP u,, u7 Wuaa\, AKSHIP, KJM' FAIRLY IN AN AS/AN FAMILY, i y->SAM£SOM£' HUH? IMADOTTW t THANKS, S IX I MY fWtLNTS imSfTT HKXJUtrr A&JEMI/SH.
      45 words
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  • ANALYSIS
    • Article
      Lock icon The politics of a summer holiday
      985 13  -  China's top leaders are meeting at a seaside resort to plan their country's future. Sheryl WuDunn reports Sheryl WuDunn NYT A CHINESE worker circled a small pavilion tucked among the sleepy hills in Beidaihe, and when the guard wasn't looking, he stole a peek
      NYT  -  985 words
    • Article
      Hot on the Vietnam trail
      1406 13  -  Australia's business ties with Vietnam are burgeoning as more and more companies from Down Under invest there, writes Sydney Correspondent Florence Chong Florence Chong IN ONE week recently, the Vietnamese government approved an Australian gold mining joint venture and handed a coveted banking licence to
      1,406 words
    • Article
      Lock icon Looking for new missions after the Cold War
      643 13  -  With the demise of the Cold War, America's intelligence service may have to direct their expertise towards protecting industrial secrets. Jim Wolf reports Jim Wolf Reuter US INTELLIGENCE officers have an unwritten creed: they are willing to die for America, but not
      Reuter  -  643 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      28 13 5.... As of Sept *92 Canadian Overseas College Will Be Canadian International School (Singapore)..., 5 Toh Tuck Road. Singapore 2159 Tel: (65) 467 1732 Fax: (65) 467 1729
      28 words
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      Page 13 Advertisements Column 2
      96 13 BUSINESS FOR SALE AUCKLAND NEW ZEALAND Our client is a major participant in the New Zealand marine engineering industry and is engaged in the activities of: ship repair ship building and ancillary services general engineering J This profitable business has been trading since 1967. The vendor's price expectation is in
      96 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1149 14 M Noll ling Beats A Bud. where to wine, dine or 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. KINGS
      1,149 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      743 14 TELEVISION AND RADIO 111 MII nnminvi xMMc?, .>*,«.--fv, MMDMK *w nwi ■MWBWMWMMWWMMWMNMMWWWMWMWMMMWMM FJnn't on r*hcmcnno ssrr-,0. lyUiA L llall fe AAA S-5S M, Opening f.Mo.ed hy SssS*?c. U Ste™,. SZtfMiSSC BBC. 88.9 mHz in VHF Band I. k nn BreaMast Report 9.25 Cultural Diary (C from Kuantan (M). 7.10 am,
      743 words
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  • LIFESTYLE 1
    • Article, Illustration
      Lock icon Sweet and sour success
      684 15  -  Diane Stormont recounts an American's nightmarish struggle to become a burger king in South Korea Diane Stormont Reuter JAY TUNNEY was 50 when he did what many long to do but few dare risk. He traded in his comfortable life to realise a dream. He quit
      Reuter  -  684 words
    • Article
      Lock icon Trump defends Maples' Broadway debut
      258 15 AP A CRITIC panned her even before her Broadway debut, but Maria Maples got scattered applause and appreciative laughs when she performed in the Tony Award-winning Will Rogers Follies on Monday. Mew York magazine critic John Simon ad visedt heat regoers a week earlier to
      AP  -  258 words
    • Article, Illustration
      Lock icon Low-key, high style
      711 16  -  Bernadine Morris reviews the season's dare-to-be-different designs and ready-to-wear rags Bernadine Morris NYT THE demise of the haute couture branch of the French fashion industry has been as widely heralded over the years as the death of the novel or the theatre. The subject came up repeatedly
      NYT  -  711 words
    • Article
      Lock icon Hi-tech housekeeper
      412 16 AP A HOUSE that answers its own telephone and talks in a human-sounding computer voice about what's going on inside will soon be commonplace, says a utility company. TTie brick "smart" house in Monrovia, Maryland, can be programmed to watch the baby, make the coffee, start the shower,
      AP  -  412 words
    • Article, Illustration
      Director De Palma pins hopes on new thriller
      552 16 CHATTERBOX DIRECTOR Brian De Palma, hoping to rebound from two movie flops, is banking on a low-budget thriller with a female protagonist. "Women are more aesthetically pleasing, which is why they've been painted throughout history," he told the Los Angeles Times in
      552 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      236 15 AND ENTERTAIN SINGAPORE TEMPTATIONS Cafe-in-the-Park goes local this month of August with a Singapore buffet spread that will tempt the most discerning tastebuds. from 1-31 August 1992 7.00 pm to 10.00 pm At $22.00+ per person ANA HOTEL For reservations please call SINGAPORE 16 Nassim Hrfl. Singapore 1025 732-1222 ext
      236 words
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      Page 15 Advertisements Column 2
      285 15 I SI FAR EAST LEVIINCSTON EM 1 SHIPBUILDING LTD FELS (Incorporated in the Republic of Singapore) The Directors of Far East Levingston Shipbuilding Limited advise the following unaudited results of the Company and the Group for the six months ended 30 June 1992: COMPANY GROUP 1992 1991 1992 1991 $'000
      285 words
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      Page 15 Advertisements Column 3
      512 15 MINTON The Reitauraat For an i*v\poricxv\\ business luiicK o»* din» -\e*», ■tempt your* client wftK owr Madras SteaU, (billed AJo>*weoic»M Salmon and muck moce f»*om ouk extensive a la caHe spread. At prices even you»* accountant will be pleased wrtkl CJt's atMinton's, right in the heaKof CWhar-d Road. Also available,
      512 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      173 16 r m (v > WAYS TO ENJOY OUR /f%li ANNIVERSARY U BUSINESS PACKAGE Refresh your spirits with a welcome drink. Stay in the comfort of our wellappointed Deluxe Room. Wake up to a hearty buffet breakfast -on the .■j fl g mmm,, house. Enjoy at your convenience a basket of
      173 words
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      Page 16 Advertisements Column 2
      53 16 ANY PROBLEM ■I GETTING YOUR H| NEWSPAPERS? H| mH I Call *****77 (SPH Circulation H||||[ Customer Services Hotline) for assistance or a homedelivered copy daily! lIHH The Straits Time# Berita Minggu PWIWB The Sunday Times LianKe Zaoßao Business Times LianHe Wanßao The New Paper Shin Min Daily News HH Berita
      53 words
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  • THE LAW PAGE 1
    • Article, Illustration
      Curing shareholder impotence
      1430 17  -  Walter Woon examines provisions in the Companies (Amendment) Bill aimed at improving shareholders' rights Walter Woon The writer is vice-dean of the Faculty of Law at the National University of Singapore Shareholders of companies are VIPs very impotent people. This is especially so when it comes to
      1,430 words
    • Article
      Compulsory winding-up of company ordered
      446 18 CASE, Goh Bak Heng v Lingo Technology Pte Ltd High Court of the Republic of Singapore, Companies Y\ inding Up No 26 of 1992. Judicial Commissioner G P Selvam. THE winding-up petition came from Goh Bak Heng, trading as Serial System Marketing. The main grounds
      446 words
    • Article
      Recovering a personal loan
      550 18 Koh Nai Chye v l ong Loong Pte Ltd High Court of the Republic of Singapore. Suit No 370 of 1984. Judicial Commissioner Lai Siu Chiu. PERSONAL LOANS to friends frequently turn sour. In this case, $200,000 was lent in 1981 to Tay Beng Hock, managing
      550 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      332 17 To become a managing director, you have to start talking like one. V In today's fiercely So you'll never he at a competitive corporate loss for words, or fresh topics world, the impression your of conversation. But whether conversation makes is often the issues are local or global, we as
      332 words
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      Page 17 Advertisements Column 2
      807 17 SINGAPORE CONFERENCES ON INTERNATIONAL BUSINESS LAW CONFERENCE Vl* H CURRENT DEVELOPMENTS IN INTERNATIONAL H Hj TRANSFERS OF GOODS AND SERVICES Date 9-11 September 1992 EBb Venue: Shangri-La Hotel, Singapore gjHB Fee Early Registration Fee *****0.00 (before 12 Aug 92) MSI mm Normal Registration Fee *****0.00 ■i Organised by: Sponsored by:
      807 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      409 18 1 1 space distinction J Fft A Prestigious Golden Triangle Address Menara Promet possesses the three fundamental criteria which an investor seeks Location! Location! Location! Its address, at the intersection ofjcdan Raja Chtdan and Jalan Sultan Ismail, the prime roads in theGoiden Triangle ensures the continual success of this y
      409 words
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      Page 18 Advertisements Column 2
      39 18 c )\fai bailors (Established 1933) Lower Lobby, Shangri-La Hotel. Tel: 235 7692 #03-09, Westin Plaza, Raffles City. Tel: 338 0819 Fax: 65-337 3244 Find out how sellers are reaching out to buyers in Advertising Marketing. Every Thursday in BT.
      39 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      34 19 MR UN HAD A SLIGHI PROBLEM WITH HIS FAMILY TREE. IT GREW. BB| > -v y, 'v i» s-ik, Jones Lang r ;tw»s.~ t j, 'wA .*-3 'J International Property Consultants EI^ffiBBBSSSSB^fI'" H 1 MM
      34 words
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  • OLYMPICS '92 1
    • OLYMPIC FEATS
      • Article
        Sun Shuwei hits gold in platform diving
        60 20 WORLD CHAMPION Sun Shuwei won the men's 10-mctre platform diving yesterday to take China's tally to four out of five Olympic diving gold medals. Scott Donic of the United States won the silver and third was Xiong Ni of China. Sun scored a
        60 words
      • Article
        Indon shuttlers triumph
        115 20 SUSI SUSANTI and Alan Budi-Kusuma won the women's and men's badminton's singles yesterday to get Indonesia's first Olympic golds in more than 50 years of competition. It was a romantic double celebration as Budi Kusuma is Susanti's boyfriend. He beat fellow Indonesian Ardy Wirinata in the men's
        115 words
      • Article
        Chinese team warned
        69 20 THE CHINESE Olympic team was given a severe warning by the International Olympic Committee yesterday after a woman volleyball player became the first drug test failure at the Barcelona Games. lOC spokeswoman Michclc Vcrdicr said the athlete, Wu Dan, had been ordered out of the Games by
        69 words
      • Article
        Smashing success
        60 20 CHINA SMASHED its way to an Olympic table-tennis double as Lu Lin and Wang Tao ensured that the men's title stayed in the People's Republic. They beat former world champions StcfTcn Fctzncr and Jorg Rosskopf of Germany 26-24, 18-21, 21-18, 13-12, 21-14 to add a second gold to
        60 words
      • Article
        At last count
        85 20 AT THE end of Monday's events, the CIS remained firmly at the top of the gold medal stakes with 31. The CIS also topped the total tally with 77, compared with the USA's 21 golds and total haul of 67. Third was Germany with 16 golds and
        85 words
    • Article
      TODAY'S SCHEDULE (Singapore time)
      209 20 ATHLETICS: Men: 3pm: Decathlon, 100 m; 3.30pm: Pole vault, qualifying rd; 4.05pm: Decathlon, long jump (2 groups); 5.45pm: Decathlon, shot put (2 groups); 11.35pm: Decathlon, high jump (2 groups); 12.30 am (Thursday): 200 m s-final; 12.35 am: Long jump, qualifying rd; 1.15 am: 400 m hurdles
      209 words
    • Article, Illustration
      Lock icon Gao Min endures pain for last time
      362 20 AP BARCELONA China's springboard star Gao Min suffered on her way to a second straight Olympic gold medal. Her dives did not, giving China its second consecutive sweep of the women's diving gold medals. Aching shoulders nearly forced Gao to retire last year.
      AP  -  362 words
    • Article
      Lock icon Medals and milestones
      480 20 NYT BARCELONA A piece of Olympic history was written on Monday on adjacent tennis courts when Croatia was assured its first-ever Olympic medal and South Africa was guaranteed its first medal in 32 years. Both countries can still aspire to win gold in the tennis competition. But
      NYT  -  480 words
    • Article
      Lock icon Picking on the wrong people
      699 20 NYT BARCELONA The Olympic officials have it all backward. As usual. In their zeal to jazz up the Summer Games for their masters from the television networks, they are looking to evict the wrong people. One well-placed Olympic official is saying it is a done
      NYT  -  699 words
    • Article, Illustration
      Lock icon Intrigue and inspiration
      796 21 AP BARCELONA Track and field, the biggest sport in the Olympics, was filled with controversy, intrigue, protests and dazzling performances, as 63,625 fans cheered, jeered and threw debris on to the track in one of the wildest nights in the Games' history. During Monday night, there were
      AP  -  796 words
    • Article
      Lock icon Bridging the great Korean divide
      291 21 Reuter BARCELONA Sport has bridged the political division of a 5,000-year-old nation at the Barcelona Olympics, where North Korean athletes are being cheered by spectators from the south. Now a top North Korean sports official has said he hopes talks can take plape with South
      Reuter  -  291 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      136 20 The Jetabout Upgrade Offer. (For just a little extra, you get a whole lot more). Indulge yourself In the comfort of Business Class on your next trip from just $70 more. Or First Class from just 180 more. And experience the best of Qantas service, BUSINESS GLASS food and wine
      136 words
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      Page 20 Advertisements Column 2
      85 20 Timeszone Central From as little as $152 an advertisement A separate tabloid section distributed with The Straits Times every Thursday in the city and adjacent districts. A concentrated area where people live, work and spend their leisure time. And where tourists abound. Colourful, entertaining, informative, breezy. Timeszone Central carries articles
      85 words
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      Page 20 Advertisements Column 3
      296 20 After two successive years We are proud, we are prestigious, because we are made in Indonesia NATIONAL PROOUCT. NATIONAL PWIDt. NATIONAL POTSTIOf is back to Singapore for the third time. HALL 6, SINGAPORE WORLD TRADE CENTRE 6-10 AUGUST, 1992 FROM 10.00 AM 10.00 PM Made in Indonesia is one of
      296 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      475 21 era] [era] [era] [era] [<n] [a>] [a>] [w] [era] [cd] [era] [era] [era] [era] [<j»] \m\ [era] [era] jcral lera] [era] [or [era S FINANCIAL HIGHLIGHTS AMMB HOLDINGS BERHAD GROUP era] ®>l co Year Ended 31st March, 1992 p= Audited Consolidated Results* era| [era era] 1992 1991** era In Million
      475 words
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      Page 21 Advertisements Column 2
      27 21 If you're an expert in your field you'll know that we're the expert in ours. lM THE BEST VALUE. vCALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828
      27 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Lock icon Bargain hunting in blue chips pushes index higher
      3572 22  -  By Genevieve Cua BARGAIN hunting in blue chips pushed the Straits Times Industrials Index higher, but activity was thin and lacked lustre. Sentiment over the next two to three weeks is likely to be listless, with sporadic activity focussing on selected stocks,
      SOURCE: BRIDGE INFO  -  3,572 words
    • Article, Illustration
      HOT STOCK
      59 22  -  -By Quak Hiang Whai THE DOWNSIDE risk for Overseas Union Bank warrants appears limited to $1.20. The RSIs are neutral while daily stochastics show some positive signs of convergence. Weekly stochastics point towards more upward movement in the near future. But the stock may move down slightly to
      59 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      42 22 Mondial. The source for pp&jwßgjy the acquisition of internationally *8 certified G.1.A., H.R.D. Spl and 1.G.1. diamonds, emeralds B flHH|| and other gemstones. ivMF Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 513H
      42 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3046 23 C&C 635 30 5 0% S1A Foreign 1740 30 +1.8% Robinson 655 +20 +3.1% Jurong Ship 50* 760 +15 +2.0% OUE 700 +15 *2.2% BAT 2I« 600 +10 +1.7% C&C Wt 310 +10 3.3% DBS 1160 +10 +0.9% Keppel Corpn 675 +10 +1.5% Metro Hldgs
    3,046 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      143 23 shine YOUR KEY TO BETTER BUSINESS DECI SIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: ES. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia tl videotext system in the world.
      143 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3549 24 Gentings 50* 835 +15 +1 8% Dunlop Esl CULS 198 +10 +5.3% Malayawata 193 +10 +5.5% KL Kepong 216 +9 +4.3% George Kent 50« 193 8 +4.3% Innovest Bhd 47 4 3V! +8 0% GIL US$0.10 89 +2 +2 3% Golden Plus H 110 +3
    3,549 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      294 24 This announcement appears as a matter of record only. B I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) H I RENOUNCEABLE RIGHTS ISSUE OF H I (A) $109,167,910 PRINCIPAL AMOUNT OF 1.5 PER CENT. UNSECURED CONVERTIBLE I LOAN STOCK DUE 1997 ("CLS") ON THE BASIS OF $1.00
      294 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close easier on lack of fresh leads
      5280 25 Bernama SPECULATIVE buying interest kept the market indicators up but share prices here ended on a slightly easier note yesterday from the absence of fresh leads. The KLSE Composite Index at the close added 2.1S points to 603.54. The Industrial Index was
      Bernama  -  5,280 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      186 26 Company Date Yoar Croup Net N«t earnings Grots M profit/loss (L) per share dividend (000) (cMts) CK Tang Jul 23 Mar 92 $3,802(16,552) 9 2(168) 6(6) Causeway Jul 22 Dec 91 J358MJ1.808) -(58) J Cement Jul 22 Mar 92 jl0.044($3.126) 28 5(8 9) 12 5(7 5) Asa Pac
      186 words
    • Article
      PRELIMINARY RESULTS
      219 26 Company Oat* Year Group pre-tax Nat earnings Cross Ma to profit/loss (L) par sliara dividend (000) (ceats) Beriaya Grp Jul 31 Apr 92 M$95.929($131.180) 23(7) 12(5) Beriaya Ind Jul 31 Apr 92 M$100,834($121.792) 4 3(8 1) 9 2(6) Beriaya Leisure Jul 31 Apr 92 M$80,809 ($57,097) 9 7(94)
      219 words
    • Article
      INTERIM RESULTS
      244 26 C— PM y Oatt Half-year Group pra-tax Interim aaa to proflt/lo»» (L) dhrldeod COOO) MUI Jul 31 Jun 92 M$37.991 ($42,944) 3(3) DAC Jul 31 Jun 92 M$64.048($52,254) Sup Metal iul 31 Jun 92 $1,940(11.821) Jurong Ship Jul 31 Jun 92 $46,817($43,718) 15(15) U06 Jul 31 Jun 92
      244 words
    • Article
      RESULTS FORECAST
      100 26 Mi Imi Last Frf Tear Forecast Mi M MtaCt EK mmi Tmt EPS Cms praM Rangt tags CMPrn Mi Mjr Mtag (els) (I'M) (SSa) (eh) CM Last Frf Tear Ferecast Mi M M Mil EK mmei Tor EPS Cms pr*« Mp Kap C«OT MM Mjr Mtag (ds) (VIM)
      100 words
    • Article
      OTHER RESULTS DUE
      519 26 Ml BmN Last Fri Ye* e mtm taM Bate tar EPS Cm Net mmmai ladhg (ets) dhr praflt •"t J"* (S$'H«) EMS Final Nov 6 Jul 91 30TE 17,87a Im* tan Wenm Jul 30 Dec 92 6 6 5 0 6 076 Steaam intetim Jul 30 Oec
      519 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1059 26 t Sobs toot io I Buy/ No. of kmommt Shareholding Stock Date HoWor Slwrolioldor/Director Soil ikaroi Before After Tit Lee Bank 29/07/92 COPL DBS Nominees (Pte) Ltd DBS Band B 25.000 78.371 23.227.882 13.43 23,252.882 1344 Tat Lee Ban* 29/07/92 COPL: DBS Nominees (Pte) Ltd MN0 Holdings
      1,059 words
    • Article
      CORPORATE DEVELOPMENTS
      916 26 Aug 3 Hotel Royal Ltd is paying A 517.5 million for Castle Mall Shopping Centre near Sydney, Australia. Malaysian car distributor Edaran Otomobil Nasional Berhad, a substantial shareholder in Cycle Carriage Ltd, has bought nearly a million C&C shares on the open market raising its shareholding in C&C
      916 words
    • Article
      DIVIDENDS ANNOUNCED
      545 26 Current Ex laaks Date Trial tor Trial tor payment date ctosa payable tkiyur last yar Nn ttep Sfc 6%(b) Aug 26 Sep 7 Sep 24 6% 6* Amcol 25c 10* Aug 21 Aug 27 Sep 10 10% 10* Asa Pk Ld 50c 2%(b) Jul 23 Aug 6 Sep
      545 words
    • Article
      APPROVED ISSUES
      338 26 Company Rights Issue MAA Three-fortour at MSI 00 per share Ei-date Jun 9 Books dose: Jun 24 Acceptance Payment: Aug 7 S France One-for two SI 10 per share Ex-date tun 22 Books dose M 2 Acceptance Payment Aug 11 Sulfa Nay One-tor-four M$2 50 per share Issue
      338 words
    • Article
      PROPOSED ISSUES
      505 26 Company Rights Issue Ttc Ox-tor-one 11.00 per share M &*-tor three g MS2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CUPS) wrth up to *****m Transferase Subscnptnn ftyits (TSR) (or an aggregate pnce of MSI per CRPS with one
      505 words
    • Article
      COMPANY MEETINGS
      156 26 Bukit Sembawanf Estates Ltd: 26th AGM EGM at the Summit Room, Valley Wing, Lobby Level, Valley Wing, Shangri-La Hotel Ltd, 22 Orange Grove Road, Singapore 1025, on Friday, August 7, at noon Overseas Union Trust Ltd: EGM at the Board Room, 45th Storey, OUB Centre, 1 Raffles Place,
      156 words
    • Article
      SCRIPLESS CONVERSIONS
      84 26 Conversion Special Trdg Scrqdess Conversion deadline Period Trading Company Kim (IDP) (ST) 17 Aug 13 J") 31 Aug 13 Aug 14 ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Ai* 28 Hrmmm Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 Um Kah Ngaa Jul
      84 words
    • Article
      I RECORD HIGHS & LOWS
      152 26 I RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 l*t 1316.68 (21/2/92) 1992 M* 1545.92 (27/1/92) 1992 tar 1191.31 (9/4/92) 1992 Inr 1352.83 (t*/92) 1991 l*t 1333.08 (3/6/91) 1991 N* 1565.58 (3/6/91) 1991 tar 1022.52 (16/1/91) 1991 IMr 1149 08 (11/1/91) 1990 k* 1435.43 (16/7/90) 1990 1* 1607.12
      152 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      315 26 In local curr In SS In US$ dy )T dy yr dy )T Aug 3 Index chge chge chgc chge chge chge World 376.3 0.0 -7.8 -0.3 -8.1 -0.2 -7.6 *EAFE. 429.9 -0.3 -14.4 -0.4 -14.1 -0.3 -13.6 Europe 402.3 0.3 -2.2 0.2 0.2 0.3
      315 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Market loses ground on profit-taking
      1788 27 Reuter PROFIT-TAKING in the afternoon session yesterday pared early gains and the stock index closed lower, brokers said. The SET Index fell 2.74 points to 754.48 on turnover of 9.14 billion baht. Declines led advances 130 to 96. Thai Airways International and Bangkok Land fell
      Reuter; Source: Bridge Info  -  1,788 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close mixed in dull trading
      924 27 Reuter STOCKS closed mixed yesterday in another dull trading day, brokers said. "It's very boring. The market seems to be directionless," one said Interest in the industry sector eased, bringing down Argo Pantes and Indorayon slightly on thin trade. Argo Pantes ended 50 rupiah
      Reuter; Source: Bridge Info  -  924 words
  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shenzhen A shares up sharply, B shares ease
      348 27 Reuter PRICES for A shares on the Shenzhen market for Chinese investors advanced on local bargain hunting yesterday after Monday's tumble but B shares for foreigners were mostly easier, brokers said. Shenzhen's domestic share market rebounded sharply in the morning session, sending
      Reuter  -  348 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end lower in directionless trade
      2581 28 Reuter STOCKS ended slightly lower yesterday with the Nikkei fluctuating without direction all day. Volume remained light, making the market easily moved by futures-linked and small-lot trading, brokers said. Investors kept on the sidelines because of a lack of incentives, they added. "In the
      Reuter  -  2,581 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng down on late retail selling
      2492 28 Reuter SHARE prices finished easier yesterday after a wave of retail selling swept the market ahead of the close on rumours of rights issues by major blue chips, brokers said. The blue chip Hang Seng Index finished down 50.95 points, or 0.86 per
      Reuter  -  2,492 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon News of Woolworths' float livens up dull market
      2078 29 Reuter SHARES slipped quietly lower yesterday in another dull session enlivened only by announcement of the longawaited float of Woolworths. "The market went nowhere," said a Prudential Bache broker. "It must be telling us that earnings are flat, and there's no reason
      Reuter; Source: Bridge Info  -  2,078 words
  • REGIONAL STOCK MARKETS
    • Manila stocks rise on bullish sentiment
      • Article
        MANILA
        605 29 SHARE prices rose yesterday as inves--1 tors braced themselves for a fresh bull run that could take place by the end of the month on optimism that an economic recovery in the Philippines is in full swing, brokers said. "Everything is on schedule. Some issues have already started to
        605 words
      • Article
        SEOUL
        833 29 STOCKS tumbled in an across-the-board sell-off yesterday, the index twice breaching the psychological 500 mark for the first time since December 1987. The slump was fuelled by rumours, denied by the company, that the Daewoo Group chairman would form his own political party, brokers said. Most of Daewoo's 17
        833 words
      • Article
        TAIPEI
        475 29 STOCKS ended slightly higher across the board in very thin trade yesterday as most players remained on the sidelines, brokers said. The Weighted Index fluctuated narrowly before closing 16.1 points up at 4,088.18. Turnover sank to NTSI6.S billion from Monday's NTS 18 billion. "There was bargain-hunting at the lows
        475 words
      • Article
        NEW ZEALAND
        254 29 GENERALLY steady leading stocks again masked a strong rally in the sec- ond line issues, with the partition between them becoming more prominent at the close yesterday. The NZSE-40 Capital Index gained 6.15 points to end at 1,561.33, mostly reflecting modest gains in leaders Lion Nathan, Goodman Fielder
        254 words
      • Article
        BOMBAY
        55 29 SHARE prices finished broadly down on Monday, but off their lows, aided by late institutional support after the market opened weak, brokers said. The Bombay Stock Exchange Index closed 4.41 points, 0.17 per cent, down at 2,722.65, after hitting a low of 2,697.04. The National Index shed 8.15, or
        55 words
      • Article
        Untitled
        50 29 INDiCES TURNOVER Close Previous A* NEW ZEALAND NZSE-40 Capital 1,561.33 1.555.18 +6.15 MANILA Composite Index Turnover (mil pesos) 1,491.98 1,479.82 275.9 239.0 12.16 36.9 TAIPEI Weighted Price Index Turnover (NTS billion) 4,088.18 4,072.08 16.5 18.0 16.1 -1.5 SEOUL Composite Stock Index Turnover (billion won) 501.48 508.63 127.71 73.2 -7.15 54.51
        50 words
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  • WORLD STOCK MARKETS
    • US stocks stretch rally to 5th day
      • Article, Illustration
        NEW YORK
        1353 30 STOCKS overcame mild bouts of prof-it-taking on Monday and eked out slim gains in quiet trading to stretch the market rally to a fifth session. Most market-watchers had expected the market to pull back after last week's four-day rally that boosted the Dow by 108.07 points for its
        1,353 words
      • Article, Illustration
        LONDON
        741 30 PRICES on the London Stock Exchange rose on Monday, boosted by stronger trading on the futures market and a poll indicating France will vote in favour of the Maastricht Treaty on European union, shrugging off gloomy reports on the domestic economy. At the close, the FTSE-100 Index of leading
        741 words
      • Article
        Untitled
        556 30 Other markets in Europe, South Africa and Canada Johannesburg Aug 3 Rand INDUSTRIALS A Alpha 3700 unch AECI 760 15 AMIC 8100 Abercom 125 Amaprop 640 5 BAZ 1300 Barlows 5225 Basil Strk 8 +3 Blyvoor 450 CG Smith ***** unch Cnagalo 2150 +50 Curfin 610 Edgars 5000 500 Fed
        556 words
      • Article
        FRANKFURT
        518 30 THE STOCK market hit its lowest level in seven months on Monday and the key 30-share DAX Index slid through the 1,600 level as the market turned nervous ahead of this week's Bundesbank central council meeting. Most dealers did not believe the Bundesbank would raise its important Lombard rate
        518 words
      • Article
        Untitled
        74 30 INDICES TURNOVER NEW YORK Close Previews Aug 3 Dow Jones S&P 500 Turnover (million) 3.395.40 3.393.78 425.09 424.21 164 46 180 58 1.62 +0.88 -16.12 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.814.8 1.803.8 2.420.2 2,399.6 329.1 378.1 11.0 20.6 -49.0 FRANKFURT DAX Index 1,594.71 1,615.42 -20.71 AMSTERDAM EOE
        74 words
      • Article
        AMSTERDAM
        240 30 SHARES closed higher on Monday after a dull session in which direction was dictated by the London Stock Exchange. "We rose on London, which had initially sent us down, but turnover remained minimal on the way," said dealer Gijs van den Brink at Gilissen bankiers. Holidays, high interest rates
        240 words
      • Article
        PARIS
        285 30 NEWS that an opinion poll showed 57 per cent in favour of the Maastricht Treaty on European union jolted the bourse from its summer slumbers late in the afternoon and pushed it to a sharply higher close on Monday. "Hie CAC-40 Index finished 29.77 points or 1.70 per cent
        285 words
      • Article
        MILAN
        163 30 SHARES surged over 5 per cent on Monday as a flood of buying orders following Friday's abolition of the wage indexation system drove most leading shares sharply higher. The MIB All-share Index opened 5.3 per cent higher, while the market's underlying trend gained 3.9 per cent, dragging the market
        163 words
      • Article
        ZURICH
        257 30 SHARES ended slightly lower in slatJk trading on Monday, recovering most earlier losses. Dealers said sentiment improved on news that year-on-year inflation in (he city of Zurich fell to 3.7 per cent in July from 4.3 per cent in June. The decline of the three-month Eurofranc benchmark rate to
        257 words
      • Article
        STOCKHOLM
        217 30 ft. SHARES closed at lower levels on Monday than last Friday on an increase in domestic credit market rates. The bourse All Share Index fell GU per cent to 847.84, while the Top-1.6 Index was down 0.28 per cent at 852.25. Turnover was low at 182 million crowns. "It
        217 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes higher in Tokyo on wave of buying
      1178 31 REPORTS THE US DOLLAR ended higher in Tokyo on an afternoon wave of buying, possibly by major speculators, while the dollar/yen was only a touch firmer in listless trade, dealers said. "The market isn't moving, it's in summer mode," said a
      1,178 words
    • Article
      INTERBANK FOREX RATES
      379 31 Cross rates **4 USS SS MS Dm Yen SFr AS NZS USS 1.6110 2.5010 1.4750 127.25 0.5193 1.3180 1.3459 1.8382 SS 0.6207 1.5525 0.9156 78.9882 0.3224 0.8181 0.8354 1.1411 MS 0.399ft 0.64 0.5898 50.87% 0.2077 0.5270 0.5381 0.7350 Dm 0.6780 1.0922 1.6956 86.27 0.3521 0.8936 0.9125 1.2463
      379 words
    • Article
      MONEY MARKET
      535 31 Interbank rates SS Bid Offer Overnight 3 3 1/8 1-month 2 1/2 2 5/8 2-month 2 1/2 2 5/8 3-month 2 1/2 2 V8 Overnight mode: 2-3/4 L'SS Bid Offer 7 days 3 3/8 3 1/2 1 month 3 3/8 3 1/2 2 months 3 3/8 3 1/2
      535 words
    • Article
      Lock icon Trade in Iraqi dinar booming, say Gulf moneychangers
      357 31 Reuter MANAMA Trade in the Iraqi dinar is booming in the Gulf as speculators cash in on dramatic fluctuations in the currency's value fuelled by recurring threats of military action against Iraq. Moneychangers in the United Arab Emirates (UAE) said they were
      Reuter  -  357 words
    • Article
      FINANCIAL FUTURES
      1549 31 SIMEX EUWOOOU-<U> Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.53 96.53 96.52 96.52 1350 1893 ***** Dec 92 96.14 96.16 96.13 96.15 4800 4594 ***** Mar 93 96.02 96.05 96.02 96.04 2150 2833 ***** Jun 93 95.65 95.70 95.65 95.69 2050 1508 4489 Sep 93
      1,549 words
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  • COMMODITIES
    • Article
      Lock icon Opec oil output rose to 24m barrels per day in July
      384 32 Reuter LONDON Opec crude oil output edged higher to 23.95 million barrels per day (bpd) in July, according to a Reuter survey. Output was assessed to be 220,000 bpd higher than the total for June, put at a revised
      Reuter  -  384 words
    • Article
      Lock icon Indonesia likely to raise palm oil supply over next 2 months
      237 32 Knight Ridder KUALA LUMPUR Palm oil supply in Indonesia is not high right now, but could increase sharply over the next two months, an Indonesian industry official said. Supply at the moment is "sufficient, not excessive," said Eddy Rinaldi,
      Knight Ridder  -  237 words
    • Article
      Malaysian palm oil ends steady in listless trading
      738 32 REPORTS MALAYSIAN crude palm oil prices closed steady yesterday in listless trading as operators stayed away due to a lack of fresh fundamental news, dealers said. A steadier palm oil futures market supported prices but the market's upside potential remained restricted by
      738 words
  • Article
    PRICES
    1523 32 Rubber MS Cmmm lity Excfc Mfi (Mi ras dosJ if as at lp) HAS (pfcyateal prto M) RSS 1 Caatract (Scents/kg) Bayart Clow Volume Open At at 12 mm (S cenu/fci) Month High Low Sett (tonnes) Interest RSS 2 Sep 92 140 50 141.SON Sep Oct Nov 143.25 141.75
    1,523 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      751 32 BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734 3698 EU YAN SANG HOLDINGS UNITED (Incorporated In the Republic of Singapore) ANNOUNCEMENT RENOUNCEABLE RIGHTS ISSUE OF 27,035,070 ORDINARY SHARES OF $1.00 EACH AT $1.05 PER ORDINARY SHARE ON THE BASIS OF THREE (3) NEW ORDINARY SHARES f RIGHTS
      751 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1258 33 Ctty FllgHt ETA Flight ETD A4mi MUM GA895 1300 GA983 1315 Adiuiiii Qfil 1955 QF82 2205 SQ227 2245 kmmum RJ182 1440 Aantardaai KL837 1255 SQ324 2200 GA895 1300 SQ323 1840 KL838 2240 tocUamd NZ21 il20 NZ22 1940 SQ288 2025 SQ286 2030 GF149 0650 GA911/524 0800 SQ181
    1,258 words
  • THE TRAVEL PAGE
    • Article, Illustration
      New lease of life for village life
      647 33  -  LETTER FROM BUCHAREST By Peter Humphrey Dictator Nicolae Ceausescu wanted to raze Romania's villages. In spite of his efforts, the country's rural heritage has been preserved. Bucharest's Village Museum an open-air museum laid out like a cluster of genuine villages is being given
      647 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 33 As at 10 am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1914 1.2073 Canadian dollar 1.3462 1.3734 NZ dollar 0.8670 0.8845 Sterling pound 3.0879 3.1298 US dollar 1.6080 1.6140 Local dollars to 100 wiits of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      64 33 Duration Title Venue Organiser Tel Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Exhibition Service* Sep 6-10 International Earls Court, Reed Exhibition 081-*****71 Watch, Jewellery London Companies Ltd and Silver Trades Fair Duration Title Venue Organiser Td Sep 6-9 International Dusseldorf. IGEDO, (49)211-*****1 Fashion Trade Germany Internationale Fair
      64 words
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      41 33 Discover the lengths Firmair 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 km* Europe from aUrt to Ftnniah.
      41 words
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      Page 33 Advertisements Column 2
      24 33 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
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      Page 33 Advertisements Column 3
      379 33 BMnjusmnEs Toll free Tel No: 737 0043 Fax No: 734 3698 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I, Kanthamuthu Sothi Rajah of Blk 199 Boon Lay Drive, 102-63, Singapore 2264, have applied for a Ist Class 6am-12 midnight licence in respect of premises at Taj Restaurant A Music
      379 words
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      Page 33 Advertisements Column 4
      259 33 NOTICE NOTICE IS HEREBY GIVEN thatj Lim Teck Han of Blk 110 Jurong East St 13 #02-300 Singapore 2260, have applied for a Public House,(First Class Extended) Licence in respect of premises at M/s My Love KTV Karaoke Lounge at 112 East Coast Road #04-31 Kaiong People's Complex S pore
      259 words
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      Page 33 Advertisements Column 5
      129 33 PAN-OCEAN MARINE SUPPLY PTI LTD (la V«L Uqukbttoa) PINAL MEETING NOTICE IS HEREBY GIVEN panaaa to Saction 301 af (hi Caafmim Act (Cjp. 30) thai da Pinal Gaarai MmCaujmy wU be tald al thi Office af MA Wee Seng Tkaig A 1 Colombo Cawt *07-01/J3, Sngapan 0617 on Wwfaaadty, da
      129 words
  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      258 33 1 Latitude given to refreshment areas in the gym nasi--10 Nip' nipper LJBL— 11 Ambassador going to the j j j 111} 3 I I I 12 Tea stock has arrived for a Fool acquires third-rate embarrassed over (7) "jHTTTprpB 23 Reason for veto by America 24 Make a comeback
      258 words
    • Miscellaneous
      Page 33 Miscellaneous Column 2
      160 33 Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 31.3 Assoc humidity 69% Minimum temperature 23.7 Assoc humidity 97% Hours of sunshine 4.35 Rainfall in mm Nil Rainfall this month 31.1 Rainy days this month 1 World report Asia-Pacific Hi/Lo* Cond. Bangkok 32/25 Cloudy Beijing 30/22 Rain
      160 words
    • Miscellaneous
      Page 33 Miscellaneous Column 3
      78 33 I lii>ki pfw BMD NE» UORKNG JOWN TWe rOo-tor fbo» As?£t 5 HW£ US JI PWnROSt PATH at tve oP "> Ti/\ p I 'l JpUKblXrttti s/QSt" Chester fe/r\j I V&&&T 6IPC)C6€RKf CtO^" A gj. CCTRS IHC v I t\ T-V TROOOLXS D»D. LOC UOMX sex I \fcH7 v )N
      78 words
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  • Article
    Lock icon Finance minister to urge Tokyo banks to lend more
    333 34 Hata rules out further easing of monetary policy AFP TOKYO Japanese Finance Minister Tsutomu Hata said yesterday that he will urge banks to lend more to companies while ruling out both a further easing of monetary policy and measures to boost
    AFP  -  333 words
  • Article
    Lock icon Japan proposes regional security talks with China
    323 34 NYT TOKYO Worried about China's recent moves towards military expansion, the Japanese government is considering calling on officials in Beijing to sit down for a series of bilateral meetings on regional security issues, Japanese government sources said on Monday. According to a high-rank-ing
    NYT  -  323 words
  • Article
    Lock icon Tokyo Cabinet approves final touches to peacekeeping law
    152 34 Reuter TOKYO The Cabinet yesterday approved a government ordinance putting the final touches to a new law enabling troops to be sent abroad as UN peacekeepers, a government spokesman said. The law, which would allow Japanese troops to be deployed overseas for
    Reuter  -  152 words
  • Article
    China to buy Russian missiles, Ukrainian aircraft carrier
    389 34  -  From John Helemer in MOSCOW THE Russian government is likely to sell China ground-to-ground and ground-to-air missiles, a senior official responsible for arms export policy said yesterday. But these will be limited in range and will not pose a threat to the
    389 words
  • Article
    Lock icon Beijing to counter opposition to reforms
    269 34 AFP BEIJING China's official press yesterday said that opposition to reform persisted within the government and announced that it would strengthen protection of reformers and remove any nagging obstacles. The ministry in charge of monitoring government would "boldly protect trail blazing and experimenting reformers
    AFP  -  269 words
  • Article
    Lock icon UN sending new team of arms experts to Iraq
    372 34 AFP, Reuter MANAMA A new team of UN arms experts is to travel to Baghdad on Friday, less than two weeks after a row was resolved between Iraq and the United Nations over an inspection of Iraq's agriculture ministry. A UN
    AFP,; Reuter  -  372 words
  • Article, Illustration
    The struggle to overcome The Feelbad Factor
    631 34  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist Sometimes, when life just doesn't seem worth living, a human being will roll over in bed and not bother to get up. Whole national economies are now doing the same.
    631 words
  • Article
    Lock icon Thai probe into missing protesters
    212 34 AFP, Reuter BANGKOK The Thai government will form a special committee to investigate the fate of hundreds of people missing since May prodemocracy protests violently put down by the army. Supreme Commander Voranart Apicharec said yesterday that all military compounds in the country would be
    AFP,; Reuter  -  212 words
  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      43 34 Every Saturday in Business Times This announcement appears as a matter of record only. PUBLIC UTILITIES BOARD $150,000,000 6 PER CENT. BONDS DUE 1997 WITH WARRANTS TO SUBSCRIBE FOR 6 PER CENT. BONDS DUE 2002 Arranged and Managed By 8 DBS BANK SiSBANK
      43 words
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      Page 34 Advertisements Column 2
      18 34 Tokyo officials worried about commitments to US, Pgll Bursting of 'bubble' economy leaves Tokyo firms struggling, Pg 11
      18 words
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      Page 34 Advertisements Column 3
      8 34 China's workers oppose Deng's reform plans, Pg 11
      8 words
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      Page 34 Advertisements Column 4
      293 34 P &MVESTMENT iA two day seminar on Financial Derivatives Accounting, tax, regulation and control issues As Financial Derivatives become more popular in Singapore, the number of issues with respect to these products increases. This seminar will review the concepts and risks behind capital market products, examine the accounting for, and
      293 words
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  • Shipping Times
    • Article, Illustration
      Sea-Land brushes up on service to keep its clients
      366 35  -  By Dexter Lee SINGAPORE Hit by stiff competition and flagging freight rates, LIS major SeaLand Service has turned to improving service quality to protect its market share. A worldwide survey of its customers' demands showed that "poor" service quality, in any
      366 words
    • Article, Illustration
      Lock icon Luxembourg's ship register struggling to attract more vessels
      654 35 AP LUXEMBOURG There is no harbour here but Luxembourg is welcoming shipjjerts and trying to win for this tiny, landlocked nation a name in international shipping. However, since opening a shipping register in January, 1991, it is unclear if this grand duchy,
      AP  -  654 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1131 35 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 Ahrenkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 ASXCL Shpg 15 2 Austorient
      1,131 words
    • Article
      Hai Sun Hup orders car carrier from Mitsui
      275 35  -  By Dexter Lee SINGAPORE Listed Hai Sun Hup has ordered a car carrier costing 5.9 billion yen ($7O million) from the Mitsui conglomerate of Japan. In a statement on Monday, Hai Sun Hup said its wholly-owned subsidiary, HSH Cougar Pte Ltd, will
      275 words
    • Article
      Morrison wins Hongkong airport dredging project
      289 35 BOISE, Idaho Morrison Knudsen Corp said on Monday that its joint venture has been selected for a US$l.2billion (S$ 1.9 billion) dredging project for a new airport in Hongkong. The company said the provisional airport authority of Hongkong, which will award the contract when
      289 words
    • Article
      Lock icon Latvian terminal cuts some gas oil exports
      209 35 Reuter MOSCOW Latvia's Ventspils oil terminal, where recent exports have been contaminated by bacteria, is only shipping gas oil (heating oil) to some customers, but the port has not been closed, director Alexander Gutenev said on Monday. But Mr Gutenev declined to say
      Reuter  -  209 words
    • LOG BOOK
      • Article
        Greek ship surveyed off S'pore after collision
        65 36 LONDON The Greek-flag bulk carrier Brahms has been surveyed off Singapore after a collision with the container vessel Robin on July 31, Lloyd's Shipping Intelligence Service saidl The 33,700 dwt Brahms has damaged its shell plating and'will be towed to Singapore for dry-docking
        65 words
      • Article
        Russians worried over project
        85 36 Russian officials are concerned about their country's plans to build a giant oil and freight port in the shadow and pollution-prone Gulf of Finland, a Finnish ecological official said. Emilie Enckell of the board of waters and environment said the plan was discussed at a recent
        85 words
      • Article
        GM's new phone gets approval
        75 36 NEW YORK GM Hughes Electronics Corp said its advanced M6lOO analogue-digital cellular telephone has been cleaned for operation in the US and Canada. The M6lOO dual-mode from Hughes Network Systems, unveiled in February, has now met both governments' criteria for distribution .and use throughout North
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      • Article
        Pitney signs US$39m contract
        73 36 WASHINGTON Pitney Bowes Inc said it signed a US$39 million (5562.8 million) service contract with American Telephone and Telegraph Co for a custom digital telecommunications network. ATT will configure a global voice and data transmission network to link Pitney Bowes 260 locations worldwide. Pitney Bowes, a
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      • Article
        Bond issue for Texas airport
        132 36 TEiCAS Among the relatively few tax-exempt bond issues priced on Monday was a US$5l.7 million regional airport revenue bond issue by Dallas-Fort Worth, through underwriters Jed by Apex Securities. The bonds were tentatively priced with, a maximum yield of 6.2 per cent for an issue
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        CGM appoints new chairman
        48 36 I SINGAPORE French carrier Compagnie Generale Maritime (CGM) has appointed Eric Giuily its chairman and chief executive officer. Mr Giuily, formerly the general manager of Chageurs Communication and Pathe Cinema, replaces Claude Abraham who stepped down last month after 10 years at CGM's helm.
        48 words
    • Article, Illustration
      Lock icon A Greek revival in store
      1200 36  -  Rival investors bidding to take over state-owned Hellenic Shipyards have helped to conjure up the wildly improbable scenario of a revival in Greek shipbuilding, although it is early days yet, writes Nigel Lowry Nigel Lowry Lloyd's List International A REVIVAL in Greek shipbuilding, a scenario
      Lloyd's List International  -  1,200 words
    • Article
      THE SHIPPING GUIDE
      13430 44 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 Pcnang after
      13,430 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        704 51 Voy Nd Berth Arrival Departure Vessel Voy No Berth Amvi Departue Marina Terminal 1 Sembawang Terminal Batam Baru B169 M04 alongside 05 08/2300 Danah *****A S02 alongside 06 08/0700 Batam Murm *****2 M03 alongside 04 08/2300 Cult Sultan 07 92 S01 alongside 04 08/1430 Batammdo 1 1226S
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        IN MALAYSIAN PORTS
        275 51 Johorc Port Berth: 1: Hung Lee IV Sanuki Maru; 2; Bangkhuntien. 3: 4: Palma; 5: Barge Bh Bulian Pernas Suasa; 01 jetty: Stoit Jade Po Stu DC J: ml. Due on Aug 4: Toyokaze. Oriental City, New Line No 1. Due on Aug 5: Queen Chte, Bunga
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        CONTAINER SCHEDULE
        1564 51 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS 9ip Voy No Cortaners avaiable Ship Voy No Contarers avaiable Senang Jaya 030SN 03 08 92 0700 Ned Van Lms 2247W COO(EST) 0408 92 0700 Kota Wirawan WRN011 03 08 92 0735 ACX Ltac 7B COD(EST) 04 08 92 1500 Getot
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      TRANSPORT DIARY
      1112 52 Sept 6-18: Scatrade Academy's Anatomy of Shipping, organised by Scatrade. I he event will take place at Sclwyn College Cambridge, Lngland. Sept, 15-16: Asia-Pacific Digital CcQular Mobile Communications, organised by 1BC Technical* Services Limited at The Mandarin Singapore. For further details please contact IBC Tcchnical'Scrvices at tel: 732-1970
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      DAILY FREIGHTS
      564 52 A NUMBER of grain cargoes were fixed out of the US Gulf, but this failed to lift the sluggish freight market on Monday, dry cargo brokers said. The Baltic Freight Index (BFI) fell 28 points on Friday and dropped a further five on Monday to 1.055. It showed
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    • Article
      Lock icon Delta, American hit out at USAir deal with BA
      373 54 Reuter ATLANTA British Airways pic's (BA) proposed US$75O million (Ssl.2 billion) investment in USAir Group Inc was harshly criticised on Monday by two big US airlines. Delta Air Lines Inc, the number-three ranked US carrier, called on the US Department of
      Reuter  -  373 words
    • Article
      Lock icon Passengers held hostage in Kuwait sue BA
      422 54 AP SAN DIEGO Passengers taken hostage when their British Airways (BA) flight landed in Kuwait the day of the Iraqi invasion have filed a multimillion-dollar lawsuit against the airline. The lawsuit filed last week in US District Court contends BA knew ©r should
      AP  -  422 words
    • Article
      Lock icon Bush approves rail settlements: official
      176 54 Reuter DALTON, Georgia President Bush has accepted the recommendations of three federal arbitrators for settlements of labour disputes between railroads and their unions, an administration source said on Monday. An official travelling with Mr Bush on a campaign swing through the US South, when asked
      Reuter  -  176 words
    • Article
      Lock icon Strike by bus drivers in Athens continues
      218 54 UPI ATHENS Athens remained without its distinctive "Blue buses" for the 12th day on Monday, as the drivers continued the strike in protest against government moves to lay off more than 1,000 urban transport employees. In a statement issued last Sunday, the government
      UPI  -  218 words
    • Article
      Lock icon Bidding war resumes for LTV's missile, aircraft businesses
      270 54 UPI DALLAS The bidding war for LTV Corp's missile and aircraft businesses resumed on Monday with Martin Marietta Corp offering US$44O million (SS7OB million). or US$lO million more than offered jointly by New York-based Loral Corp and the Carlyle Group and Northrop
      UPI  -  270 words
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      22 35 I Um« aMi Mrvlc«« r«pr«Mnt*d by Mmhf* 9t Mm Registry «f Accr*4iri[*o!sX\\ »>-*• lilgf/J X!w»y For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      164 35 INDONESIAN STIVSDOM AND PONT SERVICES For all Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can anange transfer to any worldwide locations CALL HOTLINE:™;™ A Greek revival in store, Pg 2 Delta, American criticise USAir deal with BA, Pg 20
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      26 35 Contain* Schedule *17" Daly Freghts 18 Index 1 Shwng Guide 10,11 Ships in Port 17 Smgapore Tides 17 Transport Diary 18 Weather and Sea Conditions 17
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      54 36 |l Etecufeve Housekeeper -(his (xstelj) O vvuv I I vwants is me. Bub I'll never neglect L I Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA
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      69 36 NOTICE NOTICE 1) M.V. GAFU VOY. 45 ARRD. 28TH JULY 1992 2) M.V. TWINKLE ACE VOY. 33 ARRD 28TH JULY 1992 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 6th August 1992 0900-1200 hours at PTIO. No
      69 words
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      Page 37 Advertisements Column 1
      2941 37 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \lllfr BOOKINGS TEL: *****34 *****58 WCRVmVI TERMINAL/CFS TEL: *****18 220 P BAAAfI H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. A PORT KELANG TEL: *****18 FAX *****91 *****88 n,„u, C„_ -TT PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service
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      Page 37 Advertisements Column 2
      1466 37 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT 1 UNITED ARAB SHIPPING (SAGj\ HM IVSI/VOY SM NYC BAI ORF SAV «uwi »7 not mm nm m/m ii/« SANTA nu »1 n/fl «/>• t?/M «/M M/M ft (HMNM 17/99 11/ M 11/11
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      Page 37 Advertisements Column 3
      1513 37 ■nrnima WEEKLY FEEDER ARIES CALLING PASIR GUDANG CLOSING TIME EVERY MONDAY AT 1700 HOURS FOR BOOKINGS ENQUIRIES, PLEASE CALL: LINDA OR SHEELA AT 07-*****8/9 Vassal Voy ETA ETO Feeder by DESTINATIONS Leeron/Anes This Marie Maersk 9208 ~I 28/***** mrs CFS 28/7 1100 HRS JOH LPK PEN OAK LGB HCHJ MEM
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      1546 38 R'DAM/ mimm VOY NO SPORE JEDDAH S HAMTON H BURG ANT LE HARVE ■MIJ KASUGA 1 22/131 7/8 16/8 30/8 26/8 28/8 31/8 1 Ml WSTBOUPC ABERDEEN BAY 01/331 9/8 26/8 28/8 31/8 miiniwiinuic DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 LUDWIGSHAFEN EXPRESS 03/332 16/8 2/9 4/9 7/9 8/9 CWCO
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      Page 38 Advertisements Column 2
      502 38 I EXPRESS TO PAPUA NEW GUINEA I SPOKE ALAM TALANG V2B 11/0$ POM/HON/NORO/RAB KIM/LAE/WWK (LCL B/BULK) T/S: ALOTAU, OROBAY, KAVENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel sroKt m loaoxg for TAMARM VIM 01 01 12/68
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      Page 38 Advertisements Column 3
      1533 38 im REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSI/VOT SM ALG BCL HAM BRE ROT ART FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9223-3 10/08 31/08 01/09 03/09 04/09 05/09 06/09 07/09 08/09 5224 3 15/ M 07/09 09/09 12/09 13/09 13/09 14/09 14/09 15/09 *25
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      2249 39 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS OW SAIS qpno B1(ni( CARGO SPURI B RUR STRAUS VENTURE VIK Mum Lab 06 07 Auf OS Auf 09 Au| MAS JON V.0165/017N 09 10 AUG 12 13 AUG MB MADURA
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      Page 39 Advertisements Column 2
      2472 39 SINGAPORE AGENT: l-MLTflf f P&o Containers (Singapore Agencies) Pte Ltd 1 V\V/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 l CR Number: **********0Z EXPORT IMPORT S vt,KL VOV FSSG *PKG UN ALG SOU AMT ROT HAM
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      624 40 IKJilMlij CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STORE XOAM,ADAM HBWG BREMEN ANTWERP SJOWUAYA/3SNB 21/9 23/10 29/10 4/11 1/11 KUTAI/2MW J/10 9/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subtcct to InductnMot. Also accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa, Trieste. ALSO ACCEPTING
      624 words
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      Page 40 Advertisements Column 2
      1488 40 HANJIN SHIPPING" FDR Wl SM Lit HAUL LB ON FOR Wl SM IIN HAUL SA» AM NTC HANJM KAOHSAJNC 009E 8/8 ORECT JO/8 2/9 HANJM ROTTERDAM 019 El/l M AMERICA 004E 10/9 11/9 13/9 HANJM BREMEN 004E 16 8 ORECT 5/9 8 9 FISHGUARD BAY 209N 10 8 H. KOBE
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      Page 40 Advertisements Column 3
      1271 40 All d-Irl |"3"3^T^ Iru i« m nc m m oa w in lu at w me im mi u nr w no oa n w I- GROWTH RE 037 4/1 to Pt 11/1 12/1 14/1 17/1 11/ l 20/1 21/1 22/1 24/1 4/4 lt/0 I|/J 10/0 20/0 30/9 1/M 2/10
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      1608 41 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE! USA SERVICE TERMINAL OFFICE *****22 MMa FAR EAST SERVICE *****00 IMPORT CFS -F9 *****69/*****96 MIMM UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS -F9 *****53/*****50 aust/india/pak service NEPLINE SDN BHD MALAYSIA K L.-(03) *****33.
      1,608 words
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      Page 41 Advertisements Column 2
      551 41 V YOUR RELIABLE FREIGHT FORWARDER IB ffllf CUSTOMER SERVICE: 222 0717 FAX: 222 7988 MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 10/08 Kaohsiung ETD 07/08 Pt Kelang ETD 09/08 Busan/Hong Kong ETD 10/08 Bangkok ETD 12/08 Japan ETD 09/08 Jakarta ETD 09/08 Madras ETD 08/08 Manila ETD 07/08
      551 words
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      Page 41 Advertisements Column 3
      1159 41 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 FULL CONTAINERSHIP SERVICES EASTBOUHP-DKCHMONC WESTBOUNO LOADING TRANSHIPPED VIA ROTTERDAM HSStLS »OY law IMl* IKG HOY
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      1878 42 KTT _AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR **********0 M) W W A TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 tl MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JKL BL ■*JL Jk JL# TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t.
      1,878 words
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      Page 42 Advertisements Column 2
      1204 42 PHILI-ORKNT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22)*****69 *****00Te1ex:R*****0FAX:*****76 *****38 Criß BY MR, LAND OR SEA.... Jgjk WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 8 AUG SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 14 AUG AUCKLAND, WELLINGTON.
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      Page 43 Advertisements Column 1
      2071 43 -j PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E JAKARTA ["BANGKOK I VESSEL WO V CIM IK T Q.ki vIISII VOY SIN BKK iIN EQUATOR HAWK «L 7 0 ESTEBRUGGE 21N 7/8 10/8 14/8 KOTA INDAH EQUATOR CRYSTAL 103N 7/8
      2,071 words
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      Page 43 Advertisements Column 2
      832 43 eOI X I EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG P KELANG OCEAN VSI/VOY SIN SOU(1) RTM (2) HAM (3) GOT (4) E 31/7 I*B BENARTY 2302 5/8 22/8 24/8 25/8 27/8 E 7/8 7/8 8/8 ALSIA 2312 11/8 28/8 507 i 31/8 2/9 D J4/8
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      Page 43 Advertisements Column 3
      289 43 NIGERIAN NATIONAL SHIPPING LINE WIP NIGERIA EXPRESS SERVICE RIVER IK PAN V.52 SINGAPORE Sid ETA Lagos 18 Aug Port Harcourt 20 Aug Calabar 25 Aua _VACCEPTINC B/BULK AND CONTAINERS I °BSA° TRANSPORTATION imm MYANMA pHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdt »A
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      2876 46 Full Container Liner Services esee, nrrrr rrrr 9 Costar Shipping Pte Ltd snipping Freight Booking Centre Sdn Bhd 4mo Port Kl3 Qu ~U n M& c I]QOKI Pusat ZMiStriHoad 4/Ihll Street Selangor Oarul thsan let 442 5091 442 508/ M <21)*****//361/64 22f S mass, mm, SmgaparcKH fWKeting Mmzsitw/zxim let *****06/*****08
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      Page 46 Advertisements Column 2
      358 46 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 Telex: R*****0 Tel: *****91-3 Fix: 22S 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 972 IN PT 07/08 (FRI) PRELUOE 912 07/08 (FRI) 10/08 (MON) PELOPOR 1040 08/08 (SAT)
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      Page 47 Advertisements Column 1
      495 47 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, STORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 9/8 ROTTERDAM 9/8 HAIFA/ASHDOD/ALEXANORIA 978 HAMBURG/BREMEN 9/8 MARSEILLE/FRANCE 978 FELIXSTOWE/UK 978 BARCELONA/SPAIN 978 LEHAVRE/ANTWERP 9/8 GENOA/ITALY 978 GOTHENBURG/SCANDINAVIA 9/8 LOS ANGELES/WC/IPI 9/8 SYDNEY/MELBOORNE 8/8 NEW YORK/EC 978 FREMANTLE/ADELAIDE 8/8 VANCOUVER 978 BRISBANE 13/8
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      Page 47 Advertisements Column 2
      34 47 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES PORTS ETD BANGKOK 7/8 10/8 HONG KONG 6/8 10/8 KEELUNG 8/8 11/8 BUSAN 5/8 12/8 MANILA 9/8 16/8 FOR BOOKINGS PLS CONTACT JEAN/JO/JANET
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      Page 47 Advertisements Column 3
      845 47 (yS3 RICHFIELD MARINE AGENCIES (S) PTE LTD SI TEL: *****33 (12 Lines) ml FAX: *****15/*****03 ||-H| TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA I LOADING fOB SPORE ABVOT 29W8 06 09 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAMA
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      Page 47 Advertisements Column 4
      489 47 JAKARTA B A N G K O K iasa *2! «t *aa Ivor rmemm. bawckox WAN* BHJM 152S taPt 08/08 MAHA BHUM# 119W Thu 06/08 Mon 10/08 BENJA BK* ISS M/M U/OS lARU BHUM 36N Fri 07/0« Mon 10/08 WANA BUM 153S 12/0* 15/08 WANT A BHUM 101N Sat 08/08
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      Page 47 Advertisements Column 5
      359 47 neER-uft VSL VOY SINGAPORE MADRAS SMGAPORE KSStL TOT SM MM SM 1* r«* bhds 21SM su wn/oi it-u/«C reaSIM 27* Oi 07/01 13 14/01 20-21 M ica SPUD 21M 10 11/01 16-18/08 24 2«/01' ran c*ta 2» i*-is/o» 20-22/01 2121 m j VSL VOY SMGAPORE/CALCUTTA/SMGAPORE «-"V KSSU VOT SM CM
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      1722 48 GROUPAGE I I PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 1 HKG/TWN/BKK [GOTH/U.K/MED PORTS Pt4 PKL SIN PEN PK SIN SJB 6/8 7/8 Hong Kong Ldn/Flx/Rdm/Ant 6/8 7/8 8/8 978 10/8 11/8 Hong Kong Gburg/Chagen/Shohn/Oslo 9/8 10/8 11/8 12/8
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      Page 48 Advertisements Column 2
      295 48 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LVT SIN MULBERA 28S 14/8 26/8 28/8 14/9 MJST STAR 0626 22/8 3/9 5/9 22/9 PROSPECT 20S 3/9 15/9 17/9 3/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON. ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER. WELLINGTON.
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      Page 48 Advertisements Column 3
      812 48 I THONG SOON UNES PTE. LTD.I 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL vor S POKE PCST VESSEL VOY
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      Page 48 Advertisements Column 4
      360 48 <i\t> PRO LINE LIMITED ft CO.. GmbH. HAMBURG CONTAINER/BREAKBULK SERVICE LOADING FOR SOUTH AMERICA VOY SPORE DURBAN BWES RIO SANTOS MC PEARL 510 10/08 26/08 10/09 17/09 21/09 PRO VESSEL Sll 26/08 10/09 23/09 28/09 29/09 PORER 512 21/09 06/10 19/10 25/10 29/10 PRO ATLANTICA 513 11/10 26/10 09/11 15/11
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      0 49 &{<:)]=`*<>,,;&%{$^-%!)[_}|/;]/
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      810 49 >|§fcgX COMPANIA PERUANA Wi DE VAPORES V "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALL AO, MATARANI, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA. MOJI. TOKYO*, MAMLA*. DAVAO*. Penanf*
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      Page 49 Advertisements Column 3
      603 49 lr~rn zim p^y| CntalMr Imlci UUJ N.AMERICA/CARRIBEAN SERVICES wssel Ivor sm Lmmiw ~wt lai ksi sa» m m M MiIAMXW 721 5/1 OM HEILUNS M 30 I 8/9 12/9 14/1 16/9 A KISSEL 9/8 Ofl BEAM J6E »/9 16/9 28/9 22/9 24/9 m OSAKA *2* 13/8 HONGKONG 21 15 9
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      Page 49 Advertisements Column 4
      677 49 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. OAMMAN. SHARIAH DOHA MUSCAI BAHRAIN ABU DHABI BANDAR ABBAS IfDOAH FAR EAST ACCEPTING FCL/LCL PfNAN*. P MIANG lAKARTA. BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL lONOON ItUXSIOWt LEEDS USURY. AKROftN. It HARVf HAMBURG ROTHRDAM ANIWtP GOTHENBURG COPENHAGEN
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      Page 49 Advertisements Column 5
      487 49 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMOO/ ROMRAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAMO BOOKING LUCKY TRANSPORT 8 FREIGHT CO (PTE) LTD SINGAPORE: TEL: *****55
      487 words
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      Page 49 Advertisements Column 6
      433 49 SIN rut EAST 10/8 KEELUNG/KAOHSIUNG 8/8 BANGKOK 9/8 MANILA/CEBU 9/8 JAKARTA/BELAWAN/SURABAYA 9/8 PORT KELANG/PENANG/E. Malaysia 10/8 BUSAN 8/8 TOKYO/YOKO/KOBE/NGO/OSA 10/8 HONG KONG SIN CHINA 10/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 8/8 LDN/FLX/LVP/SOU 8/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN USA/CANADA 8/8
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      Page 50 Advertisements Column 1
      955 50 1 ECONOLINES 1 A Time Space Pilot for World Trade Navigation since 1979 EUROPE I We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse p total demands in shipping for carrying your with in house
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      Page 50 Advertisements Column 2
      448 50 nonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 14 AUG ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 09 AUG JAKARTA 10 AUG PENANG 10 AUG PORT KELAMG 13 AUG FREMANTLE 07 AUG MELBOURNE 08 AUG SYDNEY 08 AUG FELIXSTOWE 08 AUG HAMBURG 08
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      Page 50 Advertisements Column 3
      575 50 I This Week's Sailings I To: KID To! t ID Singapore Singapore Rotterdam 08/08/92 Bangkok 09/08/92 Antwerp a Manila 07/08/92 (Onforwarding lo !V|id Wes,/ 09/08/92 Colombo 08/08/92 K S VSff 1 f > Tel: Fax: athr\n \\ee/ mil Singapore *****22 779 2738 «.««»>" liffitk GMBUjohore 07-*****8 07-*****3 Alfred Ng -IT
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      Page 50 Advertisements Column 4
      334 50 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 68NB 14/8 KOTA )AD£ INB 17/8 BANGKOK 9/8 16/8 BUSAN 10/8 17/8 HONGKONG 7/8 14,8 DUBAI 13/8 20/8 PT LOUS DURBAN 11/8 19/8 KEELUNG 10/8 17/8 PI KELANG 11/8 15/8 HO CHI MNH 8/8 15/8 PIRAEUS 9/8 15/8 COLOMBO 8/8 15/8 iAKARTA 9/8 16/8
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      16 51 Defcery of coiUnen from blocks H5/82/Q5 b restricted between 1500 and 2100 horn on k* 5.
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      Page 51 Advertisements Column 2
      88 51 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS <> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge Plus an occasional look
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      Page 51 Advertisements Column 3
      100 51 WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY RUSSIA BELGIUM RELAND SWITZERLAND BULGARIA ITALY SPAIN DENMARK NORWAY SWEDEN FINLAND NETHERLANDS TURKEY FRANCE PORTUGAL TCCHECHOSLOVAKIA GREECE POLAND UNITED KINGDOM GERMANY ROMANIA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LINE 273-0466 T AGENT OF
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  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      458 51 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 0700 OSOO **********00 1200 *****400 *****600 1700 1800 1900 2000 2100 2200 2300 JR 1.1 1.7 2.2 2.5 26 24 19 14 1 1 08 0 7 08 1.2 1.7 2.3 26 26 2.5
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  • Page 52 Advertisements
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      Page 52 Advertisements Column 1
      426 52 1 MAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO SHANTOU 2 SAILINGS PER MONTH VESSEL ETA ETD
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      Page 52 Advertisements Column 2
      415 52 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rottefdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/08 20/08 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      Page 52 Advertisements Column 3
      285 52 Appointment Ads Help You Find The Right. Candidate Uli i H'J 11 >7:11 ivliivV ,X.v ,-j .-x-. a v BEUING CHANGCHUN CHANGSH/^*(|f^CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU ,fg j 1 ORHSSfIS /SHENZHIN SHIPPING T el: 227 4788 Fax: 227 2Q83 SKH DISTRIPARK
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      Page 53 Advertisements Column 1
      1207 53 I HYUNDAI I MERCHANT MARINE CO. LTD. 'VIA FEEDER PACIFIC SOUTH-WEST SERVICE PNA* PKE* PGP* SJH* TO US* VOY KAO LBH OAK PAL/HOU CHI SIU NYC 04/ OB 29/07 31/07 07/0S H COMMANDER 06£ 14/08 31/08 03/09 03/09 01/09 01/09 06/09 11/08 05/08 07/08 14/08 H PWftER 51E 21/08 07/09
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      Page 53 Advertisements Column 2
      447 53 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HSSEI »OY V N IK U XI IMR SS S/S Ml l/l NillCII It II I 12/1 THIS MTI 42 II I 11/1 14/1 COSMIC MSTEI II 12/1 14/1 cosmc noatEi 24 is/i in COSMIC TllOtl 27 17/1 21/1
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      Page 53 Advertisements Column 3
      779 53 !L JEDDAH/UK/CONTTNENTT lASUGA I 22/131 |"/l n/T *"*>*< Cap ftr. S2£F!!,m»" 1/J3l 5/i ji/i I EES" L SiL^ t ,to ,i u >" >» ss. iiSiraarsa.'ssr lortwilw to j| Antwerp Amsterdam. Oslo Hcferiu MEDITERRANEAN (MED CLUB)* iksii ».i5/3ii irr*' 557* M/t"* tr 4 W"* fm w*th su v.i3/3t2 Xl *>\
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      Page 54 Advertisements Column 1
      6 54 .w<;! Every Saturday in Business Times
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      Page 54 Advertisements Column 2
      186 54 Every Saturday in Business Times a I If you ship materials around the world you are now faced with an important choice. There is conventional air freight. Or there is Worldwide Expedited Package With a logistical breakthrough that defies logic, UPS offers faster 0 shipments that are both more i
      186 words