The Business Times, 17 August 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, August 17, 1992 75'
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  • NEWS SUMMARY
    • 66 1 HONGKONG Weekly air services between Moscow and Hongkong began yesterday with the arrival of an Airbus A-310 owned by Aeroflot. It was the Russian airline's first route to this British colony. Aerofiot's deputy manager in Hongkong Joe Ng said there was a growing
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    • 44 1 FAIRBANKS, Alaska Forty years of industrial pollution and lax policy on nuclear waste have created a huge risk for an environmental catastrophe in the former Soviet Union, US Central Intelligence Agency director Robert Gates said here yesterday.
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  • MARKETS SUMMARY
    • Article, Illustration
      29 1 Friday Change BT-MGA 649.26 -15.94 Kuala Lumpur 581.94 -10.24 Tokyo 14.820.25 +52.08 Hongkong 5.822.59 -34.52 Sydney 1,549.0 -19.4 Friday Change New York 3.328.94 +15.67 London 2.356.82 +38.8
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    • 21 1 Exchange rates Jgfc S$ ***** 100 Yen S$ 1.2765 S$ 0.6439 Money market rates Overnight 2-3/4% +1-7/8 3-month 2-1/4% +1/8
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    • 30 1 Rubber S'pore Sep.... unch M'sia Sep..... 2l9.50*/kg -0.50 KL Tin Tumover 56 tonnes 29 Spot M$ 17.04/kg +0.04 Crude palm oil Turnover 670 lots +247 Sep MS833 /tonne -1
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  • 664 1  -  By Anna Teo SINGAPOREANS should not get distracted by shortterm irritations like rising costs and should focus instead on the main challenge confronting the country: how to remain competitive and stay ahead in the race for a place among the advanced economies, Prime
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  • 327 1 SINGAPORE As part of a plan to get 30 per cent of Singapore's adult population to own shares, the Port of Singapore Authority (PSA) will be among four statutory boards that are being corporatised in preparation for a
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  • 393 1  -  By Lilian Ang SINGAPORE The United States-based GE group, which is building a US$4OO million (*****.6 million) plastics engineering plant in Singapore, is stepping up plans to expand its operations in South-east Asia as a whole. Stuart Dean, vice-presi-dent and general manager
    393 words
  • 220 1 Reuter MANILA Philippine police chief Cesar Nazareno quit yesterday in a widening scandal over the alleged involvement of senior officers in illegal gambling, kidnapping and other crimes. President Fidel Ramos, meanwhile, shrugged off reports of bitter infighting in his Cabinet.
    Reuter  -  220 words
  • 242 1 SINGAPORE A cost review committee will be set up to look into the issue of rising costs, particularly business costs, and study why public perceptions are so different from the actual rate of increases. The committee, to be chaired by Lim Boon Heng,
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  • 334 1  -  By Sylvia Wong SINGAPORE The Real Estate Developers' Association of Singapore (Redas) is concerned about speculation in the property market because too much of it "destabilises a healthy market and distorts prices". Responding to press reports of how speculators could make a
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  • Page 1 Advertisements
    • 395 1 PUCCINI i M Sole Agent WONG BROTHERS SHOE TEL 2833 543 Road pricing system A ROAD pricing system where ear-owners pay according to their use of roads may be introduced sooner than planned if such pricing can be done manually for the time being. Prime Minister Goh Chok Tong said
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    • 173 1 DBS allays fears INVESTORS' fear of belowpar corporate results by DBS Bank was put to rest yesterday when the banking giant reported a 10.3-per-cent jump in group earnings Page 3 Semi-Tech in China SEMI-TECH, the Hongkong owner of The Singer Company, has announced a major thrust into the mainland Chinese
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    • 8 1 Ramos Cabinet hobbled by factional infighting, Pg 10
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    • 135 1 C. T. HOO Singapore #01 -22 Tanglin Shopping Centre. Singapore 1024. Tol: *****47, *****43. DBS' lOpc jump in earnings puts investors' qualms to rest, Pg 3 Hock Lock Siew: S'pore's Big Four banker to the region? Pg 3 Where to leave your troubles when you fly JAL. ft's a big,
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  • PAGE 2 NEWS
    • BRIEFS
      • 93 2 SINGAPOREANS should not be flustered by flurries in Singapore-Malaysia relations, said Prime Minister Goh Chok Tong. These short-term problems must be seen against the larger perspective of long-term cooperation and benefits for both sides. When Singapore-Malaysia relations appeared to sour early this year, Mr Goh and Malaysian Prime
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      • 56 2 A GOOD education system depends not only on resources, which the state will provide, but also on three other factors, said Mr Goh. Students must compete against each other to do well in schools; schools must compete with each other, and good schools must emerge to show
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      • 108 2 WITHIN the decade, there may be 10 to 15 autonomous secondary schools that is, government schools which will be given more autonomy and resources. The Education Ministry is now studying the idea of autonomous schools and, if the idea is workable, there should be four to six
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      • 59 2 SINGAPORE has one of the lowest starting personal income tax rates in the world, and about 500,000 of Singapore's taxpayers pay less than 150 of tax per year. Singapore, said the Prime Minister, will maintain the policy of rewarding workers according to their performance and letting
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    • 534 2  -  PM's National Day rally By Chuang Peck Ming SINGAPORE A road pricing system where car owners pay according to use of roads may be introduced sooner thqn planned if such pricing can be done manually for the time being, Prime Minister Goh Chok
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    • 233 2 SINGAPORE A ministerial committee formed recently to look into containing health-care costs has concluded that the issue cannot be resolved solely through market forces, said Goh Chok Tong last night. A Green Paper outlining the government's approach to managing health-care costs will
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    • 418 2  -  By Sylvia Wong SINGAPORE China and Singapore have a bright future in bilateral trade because of the common cultural tradition between the two countries, said the visiting Chinese Minister of Foreign Economic Relations and Trade, Li Lanqing. The similarities make it easier for
      418 words
    • 364 2  -  By Genevieve Cua SINGAPORE German dialysis machine maker Fresenius AG plans to invest up to 100 million deutschemarks (SSIIO million) on three to five regional manufacturing plants over the next Five years to capture a bigger share of the Asian market. Stefan
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  • Page 2 Advertisements
    • 295 2 Limited places available on this sponsored programme 30 November to 11 December, 1992 Under the sponsorship of the G f travel to and from Brunei Commission of the European plus any personal expenses. Communities, the Euro-Asia Participation is limited to apCentre of the international proximately five people from business school,
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  • COMPANY NEWS 1
    • 738 3  -  Local banks' half-time results Keports Dy Alvin Tay SINGAPORE Investors' fear of below-par corporate results by DBS Bank was put to rest yesterday when the banking giant reported a 10.3-per<ent jump in group earnings to $154.4 million at half-time just
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    • 917 3  -  THE HOCK LOCK SIEW COLUMN By Alvin Tay SINGAPORE On taiget: $1 billion. That's how much Singapore's Big Four local banks can expect to earn this year. The four banks DBS Bank, United Overseas Bank, OCBC Bank and Overseas Union Bank generated $923.4
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    • 475 3 NST KUALA LUMPUR Pilecon Engineering Bhd has said Lee Ming Tee, widely speculated to be a substantial shareholder in the engineering company, has never been involved in its management. Pilecon executive chairman Hong Lee Pee told reporters after the company's annual meeting
      NST  -  475 words
    • 270 3 SINGAPORE Singapore's largest supermarket store, NTUC Fair Price Cooperative, recorded marginally better profits for the financial year ended March 31, 1992, despite the sluggish retail industry. The cooperative's net profits increased 3 per cent to $35.4 million from $34.1 million the previous year.
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    • 297 3 SINGAPORE While the Big Four publicly-listed banks managed to score double-digit growth in interim earnings, the two smaller banks on the local bourse Tat Lee Bank and Industrial Commercial Bank have found the going much tougher. Tat Lee Bank, in which DBS Bank
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    • COMPANY BRIEFS
      • 82 3 SINGAPORE Jack Chia-MPH Ltd announced that at the end of its mandatory cash offer on Saturday, it has received a total of 35.44 million Boustead pic shares representing 53.96 per cent of its current issued capital. In total, JC-MPH and its concert parties now
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      • 78 3 KUALA LUMPUR Dutch Baby Milk Industries (M) has recorded a pre-tax operating profit of M 53.65 million (552.35 million) for the six months ended June 30, 1992, compared with M 53.28 million for the previous corresponding period. Turnover was M$ 125.93 million compared with M$ 104.04
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      • 65 3 KUALA LUMPUR Ajinomoto (Malaysia) recorded a 19-per-cent increase in pre-tax profit to M 52.99 million (551.93 million) for the half-year ended June 1992 on a 20.5-per-cent rise in turnover to M 547.49 million. After income of M 542,000 from associated companies, profit attributable to members of
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      • 57 3 KUALA LUMPUR Jaya Netting Industries has posted a 44-per-cent rise in pre-tax profit to M 52.3 million (S$ 1.48 million) for the first six months ended June 1992 despite a 4-per-cent drop in turnover to M 58.53 million. After-tax* profit rose 50 per cent to M
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      • 71 3 KUALA LUMPUR Malaysian national car Proton Saga will take on a completely new look in 1994, Prime Minister Mahathir Mohamad said on Saturday. Among the special features would be left-hand drive vehicles for export to Europe, he told reporters after launching the new Proton Saga
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      • 77 3 IPOH The Perak state government has received a report from the Atomic Energy Licensing Board (AELB) on allegations by residents of Bukit Merah that toxic waste still exists at the Asian Rare Earth Sendirian Bhd (ARE) factory premises in Jalan Lahat. The chairman of the
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    • 357 4 Reuter BEIJING China has given Citic, the state-owned investment company most closely linked with economic reform policies, broad autonomy to borrow and invest without central government permission, the China Daily said yesterday. China International Trust and Investment Corp, Beijing's most Westernised company
      Reuter  -  357 words
    • 377 4 Company unveils USsl4m joint venture with Singer, Shanghai firm FT HONGKONG SemiTech, the Hongkong owner of The Singer Company, has announced a major thrust into the mainland Chinese market. It unveiled plans last Friday to invest US$l4 million (5522.5 million) with Singer in a sewing
      FT  -  377 words
    • 482 4 NTT symbol of Tokyo stock market's ills IHT TOKYO Five years ago, Nippon Telegraph Telephone Corp was the world's most expensive stock and a potent symbol of Tokyo's bull market. At US$35O billion (*****.5 billion), the company's valuation was greater than the entire German stock market. Today, NTT is a
      IHT  -  482 words
    • COMPANY BRIEFS
      • 83 4 BEIJING China Everbright Group, one of the country's main overseas investment arms, is expected to open a bank here this week, the China Daily reported yesterday. The Everbright Bank of China would engage in raising international and domestic funds for financing the leasing of
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      • 118 4 TOKYO An international consortium including Mitsui Co, a major Japanese trading firm, and Ishikawajima-Harima Heavy Industries, one of Japan's biggest heavy machinery makers, has been given approval to build an oil-fired power station by the Pakistani government, Mitsui said on Friday. The two Japanese companies
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      • 113 4 NEW YORK Computervision, the former Prime Computer, went public last Friday at a price of US$l2 a share. That price was lower than expected and led Shearson Lehman Brothers, the investment firm that financed a previous leveraged buy-out of Prime, to say it will report an additional
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      • 88 4 HELSINKI Neste Chemicals, part of Finnish state-owned energy group Neste Oy, has signed a letter of intent to acquire the LDPE business in Antwerp of BP Chemicals, part of British Petroleum. Neste said in a statement last Friday that BP Chemicals' high pressure tubular
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    • 409 6 Reuter, AFP SEOUL An economic slowdown and high financing costs took a toll on first half profits posted by listed South Korean companies, a report issued on Saturday said. The report by the Korea Listed Companies' Association on 487 of South
      Reuter,; AFP  -  409 words
    • 405 6 FT PARIS Bernard Tapie, the controversial French businessman and politician, has ended months of uncertainty over the future of Bernard Tapie Finance (BTF), his holding company, by returning the group to private status this autumn. The decision to withdraw from the stock
      FT  -  405 words
    • 219 6 AFP TOKYO Japan's top four brokerage houses, hit hard by a protracted slump in share prices, are expected to suffer huge pre-tax losses in the six months to September. A leading economic newspaper yesterday reported that Nomura Securities Co, Japan's largest securities
      AFP  -  219 words
    • 258 6 UPI CULVER CITY, California Metro-Goldwyn-Mayer Inc, continuing to bleed red ink and blaming former owner Giancarlo Parretti for it, has reported a second-quarter loss of US$59 million (Ss9s million), compared with a loss of U5559.3 million in the year-ago quarter. First-quarter revenues were US$l95 million,
      UPI  -  258 words
    • 288 6 FT NEW YORK Dun and Bradstreet, the US business information group, is selling its Datastream International operation to Primark, a Vir-ginia-based holding company, for US$l9l million (Ss3os million). Datastream, based in London, provides global on-line investment information, research and portfolio accounting
      FT  -  288 words
    • 312 6 FT MILAN Some 150 international banks last Friday called into default their loans to Efim, the Italian state holding company, marking a further deterioration in relations between the Italian state and the international financial markets. The banks had been angered by the
      FT  -  312 words
    • 535 6 MARKET TALK NYT NEW YORK Happy birthday to a great bull market. There were no parties to mark the occasion, but the great 1980s bull market turned 10 last week. As it happened, it was Mexico, and the threat it posed, that was
      NYT  -  535 words
  • Page 3 Advertisements
    • 148 3 ItNlTHEMAiagiTvPASiili KL market languishes 23 New life in HK bourse 25 U T 1 Legendary Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. **nil's Mfti' the C J SINGAPORE Call 733 8888 /or rexrvatumy 1 Gacaden Road (off Orchard Road)
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  • Page 4 Advertisements
    • 200 4 THE TOTAL BUSINESS CONCEPT ALEXANDRA POINT TECHNO PARK 1/ Jr \Jive your business the cutting edge by integrating your corporate headquarters, administration, R&D, manufacturing, warehousing, .^2s^ showroom, sales and service centre in Alexandra Point Techno Park. By locating these functions in the 25-storey office tower and two S-storey industrial mff'
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  • Page 5 Advertisements
    • 254 5 Paris. The most delightful way to fill three empty Let's count them, shall we? To the glass-enclosed brasseries adorning the 1. La valise. Your su, tease, which you wtll I J M Mi major avenues. To those mysterious, but equally surely fill to capacity as you shop your way along
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  • Page 6 Advertisements
    • 676 6 TA Y ATI AM MS CHRISTINE WHEELER, CHAIRMAN OF CW I MA Ml Ivll/ ENERGY TAX CONSUL TANTS L TD, will talk pa* on the taxation of international oil trading FINANCING operations for a group based out of a developed country such as the UK, USA TREASURY ASPECTS "Switzerland. W
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  • FINANCIAL NEWS 1
    • 446 7 Reuter NEW YORK Citicorp said on Friday that it was forced to cut its previously reported second-quarter earnings by US$2B million (SS4S million) after federal bank regulators went over its books and scrutinised the value of its US mortgages. The nation's biggest bank
      Reuter  -  446 words
    • 486 8 Reuter TOKYO Japanese banks are expected to agree on restructuring plans for key troubled non-bank institutions by October, a senior Ministry of Finance official said on Friday. "All financial institutions involved are tackling non-bank issues seriously," the official said. "We are planning to
      Reuter  -  486 words
    • 366 8 Reuter STOCKHOLM Credit losses at Swedish banks in 1992 could exceed last year's 36 billion kronor (5510.9 billion) as recession grips the economy and with no relief in sight for the floundering property sector, say analysts. "Losses in the banking sector will be
      Reuter  -  366 words
    • 323 8 Securities, consumer electronics firms perform badly in ranking UPI TOKYO The Bank of Japan retained its position as Japan's top income earner in fiscal 1991, while Nomura Securities Co tumbled from sixth to 422 nd in the wake of scandals and the stock market
      UPI  -  323 words
  • Page 7 Advertisements
    • 430 7 <.»• >**■ i>t'"i i %-'-4 x r^rOTTwifW rr 1 Jk -.*> Eft mWI I HI i lHU|i J- f PiP .v'• 11 -v" E V, I; I .vVf.-w.«^iS^g|fflHlM|^HßSPr f K Ktrs&fe'r is i 4 --j r t H i ff r y -u :v,f 1- HI I a for thoLTtoL-t
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  • Page 8 Advertisements
    • 718 8 BUSINES_S_TIMES Toll free Tel No 737 0043 Fax No: 734 3688 DC H PCI LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) The Board of Directors are pleased to announce the audited results of the company and the group for the year ended 30 June 1992. THE GROUP THE COMPANY 1992
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    • 354 8 BJSINESSinMES Toll free Tel No: 737 0043 Fax No: 734 3608 /gr\ ii. 8* niy TAT LEE FINANCE LTD. (Incorporated n tt>e Reput*c o» Stngapcxe) The Board of Directors of Tat Lee Finance Limited is pleased to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1992 GROUP COMPANY
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  • THE REGION 1
    • 566 9  -  Poll results will not affect policies Reports from Harish Mehta in PHNOM PENH THE economic policies and institutions established by the present government of the state of Cambodia will not be dismantled by the party that wins the elections next year, said Cambodian Vice-Prime
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    • 276 9 IF Prince Norodom Ranariddh's Funcinpec party wins the elections next year, it will induct into its Cabinet many ministers from the regime of Prime Minister Hun Sen because the party has a shortage of trained ministers. A senior Funcinpec official
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    • 395 10 AFP MANILA Fidel Ramos has been president of the Philippines for less than two months, but his administration is already hamstrung with infighting and factionalism, political observers here said yesterday. These internecine battles have already caused the resignation of his chief aide, Peter Garrucho,
      AFP  -  395 words
    • 430 10 AFP SINGAPORE Asean is enjoying a major spurt in tourist arrivals as the region takes a tentative step towards jointly selling its varied attractions, regional officials said yesterday. Figures show that Singapore drew 2.8 million visitors during the first six months
      AFP  -  430 words
    • 417 10 Bernama IPOH The Asean Economic Ministers Conference in Manila in October is expected to come up with an action programme to realise the East Asia Economic Caucus (EAEC), Malaysian Foreign Minister Abdullah Badawi has said. At present, he said, the Asean
      Bernama  -  417 words
    • NOTE BOOK
      • 75 10 KOTA BARU Malaysia's fundamentalist opposition Parti Islam (PAS) yesterday slammed Prime Minister Mahathir Mohamad for rejecting its plan to implement laws that prescribe stoning, whipping and amputation in Kelantan state. PAS president Fazdil Noor said Dr Mahathir was "going against the wishes of
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      • 100 10 BANGKOK Thailand will host the second annual ThaiLaotian Joint Committee meeting this week to strengthen bilateral ties and review the past joint cooperation in all aspects. The Lao delegation will be led by Foreign Minister Phoune Sipaseuth while his Thai counterpart, Arsa Sarasin, will represent Thailand
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      • 87 10 MANILA About 2,000 Philippine villagers have fled their homes near Mount Pinatubo after warnings that the volcano, which killed hundreds last year, may erupt again, officials said yesterday. Landslides and mudflows nearly 1.6 metres high washed out bridges and roads in the northern provinces of Pampanga,
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      • 105 10 KOTA KINABALU Malaysia plans to bid to host the 2008 or 2012 Olympic Games, Youth and Sports Minister Senator Annuar Musa said yesterday. "In view of the faith entrusted to Malaysia in hosting the Commonwealth Games in 1998, it is not impossible for us to
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  • Page 9 Advertisements
    • 367 9 THE CORD ON OUR LATEST KEYPHONE. No expense has been spared in bringing you And select outgoing or incoming lines directly. (Needless to say, the Partner Plus comprises a this aerial shot of the world's first cordless keyphone It accepts fax machines, answering machines, range of conventional corded telephones too.)
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  • Page 10 Advertisements
    • 760 10 r 0 i DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Shareholders The Board of Directors of The Development Bank of Singapore Ltd wishes to make the following announcement: 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1992 DBS BANK DBS
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  • THE WORLD
    • 613 11 Bush officials to provoke conflict to help re-election chances: paper AFP SEATTLE US Secretary of Defence Dick Cheney has dismissed as "goofy' a New York Times report that the Bush administration has decided to "provoke a confrontation" with Iraq if President Saddam Hussein
      AFP  -  613 words
    • 313 11 Reuter AMMAN The Palestine Liberation Organisation, raising the stakes before renewed Middle East peace talks, has accused the US of reneging on promises to grant Israel US$lO billion (Ssl6 billion) in loan guarantees only if it halted all settlements
      Reuter  -  313 words
    • 224 11 AP TOKYO Nearly two months after Japan was applauded at the Earth Summit in Rio de Janeiro for its promises to provide billions of dollars in environmental aid, no new projects have been announced. Japanese environmentalists charge that the government's ambitious
      AP  -  224 words
    • 174 11 Reuter LONDON The Chancellor of the Exchequer has reaffirmed Britain's commitment to the European Community exchange rate mechanism (ERM) and says a devaluation of sterling would only lead to higher interest rates. Norman Lamont acknowledged that cutting inflation to 3.7 per cent from a
      Reuter  -  174 words
    • 488 11 Reuter SINGAPORE China is planning to revise its patent law by the end of this month to give protection to pharmaceuticals and to extend the duration of patent rights, a Chinese official said here on Friday. "I think the National People's
      Reuter  -  488 words
    • 199 11 AP NAIROBI The United Nations widened its relief operation in Somalia on Saturday with an airlift to the nation's interior, where millions are threatened with starvation. A C-130 Hercules cargo plane carried 18.7 tonnes of high-protein biscuits to Baidoa, north-west of the capital, Mogadishu.
      AP  -  199 words
  • Page 11 Advertisements
    • 162 11 y t COMPETING ON CREDIT TERMS COULD LOCK YOU M A TIGHT SITUATION Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be tied up in accounts receivables, restricting your company's growth. This
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  • ANALYSIS
    • 1090 12  -  With Nafta closer to becoming reality, questions are emerging in the US over how the country's unskilled workers will be affected. Peter Passell reports Peter Passell NYT TO MANY in the US, the free trade agreement with Canada and Mexico, announced last week by President
      NYT  -  1,090 words
    • 825 12  -  Reporting from Sydney, BT Correspondent Florence Chong takes a look at what Australians want to see in their country's Budget this year Florence Chong Australia awaits the "make-or-break" Budget for the Labor government, due to be handed down tomorrow night. It is the last before the
      825 words
    • 597 12  -  Emperor Akihito's apology for Japan's wartime rule in Beijing won't appease the Chinese, writes Mark O'Neill Mark O'Neill Reuter FOR most Chinese, the key moment of Japanese emperor Akihito's historic visit to their country in late October will be when he
      Reuter  -  597 words
  • Page 12 Advertisements
    • 70 12 FIVE EASY PIECES. Investing in foreign currencies CURRENCY 3 can yield up to 5 times the interest Spanish Pesetas 11.3750% return on your money compared Pound Sterling 8.6450% with Singapore Dollars. Higher 9.2350% rates for higher Deutschemark 8.2750% deposit amounts are available Swiss Francs 6.7750% upon request. Indicative deposit rates
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  • Page 12 Miscellaneous
    • 51 12 POONESBURV BY GARRY TRUDEAU r LEAST YOU SOW TW eXHAUSTW~\ 7~ZJ ARBWUTIPSY* HEXeSTHCKAL, I yarns NOT 71H3P, THBR&S JUST NO WOMAN KX/BTPSt! FO*yeKs£lF U&FE TALKING BOREDOM* JOAN IB MA/TOHAVB/TAU., S&.IC*fT VIKJNGCONFUCm?, L OCR&CM IHJOUU? ISTALONBSOMBOF POTHAT M&FB TAUONG 6UIIT. |L **60*280*5 TTON A FEW HOURS' jl /S* ANYMOKB' Ht*BTAUCJN3 NIGHT'
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  • Page 13 Advertisements
    • 80 13 From today, Nomura's new presence in Singapore f rp NOMURA SECURITIES SINGAPORE PTE LTD *< Stock Exchange of Singapore 1^:¥• Ji/ 1 !l M mfijL^i I I 1 H| vJJB |H I M^^B |E| v? I *WW jHB U i W *PNOAUJRA Nomura Securities Co., Ltd. Nomura Singapore Limited 1-9-1
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  • ENTERPRISE & MANAGEMENT 1
    • 902 14  -  A recent study done in several countries, including Singapore, shows most managers are upset about their long working hours. Jack Lesar reports Jack Lesar UPI Middle and up-per-level managers are working longer hours to maintain their standard of living and a recent study shows
      UPI  -  902 words
    • 609 14  -  Avoid those tasks which get you down, say Jean-Louis Barsoux and Rosemary Stewart Jean-Louis Barsoux, Rosemary Stewart TIME management is about using time effectively and efficiently. Its theorists believe the way to achieve more is by better organisation. Contrary to what time management
      609 words
    • 711 15  -  A Hongkong-based expert outlines a twin approach to Nirmal Ghosh Nirmal Ghosh SOMETIME Louisiana Cabinet member and currently Hongkong-based environmental missionary Stephen Lam believes that Chineseowned companies are the most laggard when it comes to the environment. He is a Chinese-American businessman who has returned to his
      711 words
    • 975 15  -  Barbara Durr reports on the army of unemployed American executives who are seeking new careers as consultants Barbara Durr FT FOR MANY, it was living the American dream. They had a management job with a top US company, good pay and benefits, a house in the
      FT  -  975 words
  • Page 14 Advertisements
    • 173 14 -V >jt 1 r PP# i |fl% «'^\%?'#v J: yr&ZTrW*-' -*5fW l^^- ;y: J Mapip: SSBBIg^BmBaBBBMaIBBHBtBEfcK^:^/-T. -< -f.a»easH<fc. uj.. I IF YOU'VE EXPERIENCED THE EXHILARATION OF BEING AHEAD OF EVERYBODY, YOU'LL APPRECIATE SILKAIR BUSINESS CLASS FROM NOW ON, WITH ONLY 12 SEATS IN OUR FINEST CLASS, YOU'LL ENJOY THE LUXURY
      173 words
    • 158 14 Mr OF H < W3 WESTER N SYDNEY Macarthur This MBA: I Is designed for managers and future managers of H organisations that operate across national boundaries; H Combines functional business studies with cultural studies H based on North-East and South-East Asia, Australia, USA H or the Middle East; Includes
      158 words

  • Page 15 Advertisements
    • 880 15 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3608 ran CHUAN hup holdings limited WOaMM (INCORPORATED IN SINGAPORE) The Directors are pleased to announce tha audi tad consolidated raaulta of tha Company and tha Group for tha yaar andad 30 Juna 1992. Lataat Yaar To Previous Yaar
      880 words

  • SPORTS 1
    • 463 16 Reuter, AP MASON, Ohio Eighth seed Ivan Lendl followed the lead of third-seeded Pete Sampras by reaching the final of the US$l.4 million (552.2 million) Thriftway ATP Championships with a onesided 6-3 6-2 victory over Michael Chang on Saturday. Earlier, Sampras had crushed
      Reuter,; AP  -  463 words
    • 379 16 Reuter MANHATTAN BEACH, California Top-seeded Monica Seles and secondseeded Martina Navratilova matched each other with straight set victories on Saturday to advance to the final of the U*****,000 Virginia Slims of Los Angeles tournament. Navratilova beat fourthseeded Manuela MaleevaFragniere 6-4 7-6 (7-5) while
      Reuter  -  379 words
    • 613 16 AP NEW HAVEN, Connecticut Like a booming serve, the retirement question keeps flying at John McEnroe. He returns it deftly each time, keeping the answer just out of reach. This might be his last Volvo International and his last US Open. Maybe not. At
      AP  -  613 words
    • 562 17 PGA Championship AFP ST LOUIS, Missouri British Open champion Nick Faldo ballooned to a five-over-par 76 on Saturday as unheralded American Gene Sauers played to a steady 70 and a two-stroke lead after three rounds of the PGA golf championship. Faldo, the world's top
      AFP  -  562 words
    • 512 17 AP BUDAPEST Has Ferrari's prancing horse gone lame? The Italian team marked its 500 th race yesterday in the Hungarian Grand Prix. But apart from a glorious 103 past victories, the boys from Maranello do not seem to have much to celebrate these days. Their
      AP  -  512 words
    • SIDE LINES
      • 92 17 SYDNEY Sydney's prospects of hosting the 2000 Olympics will be boosted by the German government's decision that Berlin would have to find private funding if it was chosen. Rod McGeoch, the head of Australia's bid, said yesterday that Sydney would have a high level of
        92 words
      • 80 17 WASHINGTON The Treasury Department has alerted an lawyer representing Bobby Fischer that the reclusive chess master would violate US economic sanctions against Yugoslavia if he goes ahead with his planned return match with Boris Spassky beginning on Sep 2. A Treasury Department official said on Saturday that if
        80 words
      • 76 17 LONDON Arsenal manager George Graham was reduced to near hysterics on Saturday after seeing the English Premier League favourites collapse to a shock 4-2 home defeat by Norwich on the opening day of the season. He blamed "almost laughable" errors by David Seaman, Steve Bould
        76 words
      • 188 17 JOHANNESBURG South Africa's return to international rugby on Saturday was clouded by captain Naas Botha complaining about the referee and a political statement of defiance by the all-white crowd. Botha led the Springbok's second half fightback against the All Blacks, but after the narrow 24-27 defeat
        188 words
  • Page 16 Advertisements
    • 158 16 1 W WAYS TO ENJOY OUR ANNIVERSARY \J BUSINESS PACKAGE Refresh your spirits with a welcome drink. Stay in the comfort of our well- > appointed Deluxe Room. Wake up to a hearty buffet breakfast -on the j1 I 9 I<||S| house. Enjoy at your convenience a basket of 'U
      158 words

  • Page 17 Advertisements
    • 557 17 B_USINES^^T^It^ES Toll free Tel No 737 0043 Fax No: 734 3688 g M PS s] niy PAN MALAYAN HOLDINGS LIMITED (Incorporated m the Repubtac at Singapore) The Board of Directors of Pan Malayan Holdings Limited wishes to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1992 GROUP COMPANY
      557 words
    • 605 17 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: I UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1992 Company Group Six months ended Incr/ Six months ended Incr/ 30.06.92 30.06.91 (Deer) 30.06.92
      605 words

  • Page 18 Advertisements
    • 1190 18 [JftSM NoUung Beats A Bud, where to wine, dine OF r I SINGAPOREAN FARE 1 31 August -J Come for an eating spree of hawker delights. Our renowned Singaporean Fare has a spread laden with local favourites, with cook-on-the-spot dishes to spice up your meal. Pick up some tasty treats
      1,190 words
  • Page 18 Miscellaneous
    • 720 18 TELEVISION AND RADIO Mv fair ladv SK.T" BUSINESS OH RADIO AM'Vl' T 7.00 Celebrity Double talk (Game W 725 PM Opening followed by The Show). 3.45 PM Programme Summary. BBC, 88.9 mHz in VHF Band II I a Nightty Business Report 730 mows(M). 4.00 Akantare(M). 7.05 am, 1.30pm, 5.05pm, 1.05
      720 words

  • THE ARTS
    • 1003 19  -  The writer turned film director is not unusual. This phenomenon has led Phillip Lopate to bemoan the dearth of good script writers in American films Phillip Lopate NYT American films have charismatic actors, directors with cinematic panache, and incomparable cinematography and special effects. Where they
      NYT  -  1,003 words
    • 489 19  -  Chin Lian Khion finds out how different Chinese traits can be blended into a philharmonic gem Chin Lian Khion Heartsick Central Philharmonic Orchestra of China Conductor Hu Bing-xu Hugo HRP 751-2 HAVE you ever wondered how diverse Chinese traits from different geographical locations can be drawn together and
      489 words
  • Page 19 Advertisements
    • 286 19 AND ENTERTAIN Our buffets feature a wide selection of delectable appetisers, soup, main courses and luscious desserts. Available for lunch and dinner. Featuring on: Mondays Morsels from the West Tuesdays Favourites from the Wok Wednesdays Malaysian Rice and Spice Thursdays Going Italian! Fridays Seafood Delights Asian Style Saturdays Lite' n
      286 words
    • 72 19 MINTON Tk•I(iI i r i i "For an impo>*tant business lunch or dinner, tempt your client wt4\ our Madras Steak, Cirilled AJorwegian Salmon and mucK more from owf extensive a la carfe spread. At prices even your accountant will be pleased witkl Ji's atMinton's, right in the heart of Orchard
      72 words
    • 341 19 BIG CLAMciSI PROMOTION AT ffjO NISHIKI^i Big Hamaguri clams from Japan! A Rare, succulent, incredulously tasty and cooked in the style that suits your J taste-buds! 1 Priced at only S$ 12.00+ per order for 2 pieces. Available in August for lunch and dinner. For reservations, please call 322 4224.
      341 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4365 20  -  By Sylvia Wong AFTER A WEEK of heavy selling that pushed the Straits Times Industrials Index to below the 1,380 and 1,350 support levels, there is wide apprehension now that the index will attack the 1,300 level this week. The general consensus
      4,365 words
  • Page 20 Advertisements
    • 64 20 Instant Approval, No Waiting Now there's a way to turn ~1 Instant cash over the counter, \*V your shares into cash on the T- to the mar^et va,ue spot with Express Share Loan, of acceptable shares and scripless exclusively from Hong Leong counters.Call *****36/*****98 g Finance and Singapore Finance. I'*
      64 words

  • 2956 21 Grand Central 170 +4 +2 4% Singauon"^ Wt |f 93'/j +05 94 93Vj °5% UOB Loan 93 +05% Alliance Tech 79 f 6.8% 15 Hai Sun Hup Wt 69 3.8% 2Vi Grand Central 170 +2 4% +4 Roth Inds M)- 520 2 0% f 10
    2,956 words
  • Page 21 Advertisements
    • 125 21 Shinel YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Moldings' inforich datahase financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 Teleview, which incidentally is the most advanced and company news. or Tony Chia I videotext system in the world.
      125 words

  • 3229 22 Leader U 610 HO +1.7% MAS 364 f 8 2.2% Renong Bhd 50« 50'/; 3V> +7.4% Malayawata 187 f 2 1.1% UMW 288 2 +0.7% MUI 161 +1 f 0.6% Renong Bhd 50« 50Vi +7 4% 3Vj MAS 364 f 2.2% +8 Leader U 610
    3,229 words
  • Page 22 Advertisements
    • 120 22 B^S^N_^SSTIM_ES Toll free Tel No 737 0043 Fax No: 734 3698 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS -Ml. Stories on labour and its relationship with manageme:!*, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading
      120 words
    • 158 22 STRAITS STEAMSHIP LAND LIMITED (Incorporated in the Repubkc ol Singapore) LOST STOCK CERTIFICATE Appltcakon he bean made to Im Deedors of It* atxwenamed Company to issue duptcale stock ceithcale in place of the tallowing stock certificate wtedi has been reported lost or destroyed No. ol clock Mils Certificate No. Moim
      158 words
    • 145 22 f OFFICIAL NOTICE WE, JAVA MARINE LINES PTE LTD of 55 Shipyard Road. Singapore 2262 hereby give notice that in consequence of intended change of name, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of the ship
      145 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5384 23 SENTIMENT on the Kuala Lumpur Stock Exchange remained at a low ebb last week with investors adopting a non-committal stance. The prevailing lack of fresh fundamentals and weakness on the key overseas bourses stifled activity, with investors preferring to place selling orders on concern
      5,384 words

  • BT SHARE INFORMATION SERVICE
    • 173 24 Cwnpaay Date YMr Croup Not Not earnings Gross mn to profit/loss (L) ptr share dividend (000) (cMts) Metalock Aug 12 Mar 92 $4,479($5,048) 18.7(21) 10(10) M Credit Aug 7 Mar 92 $15,285(114.284 4 8(4.6) 6 25(5) PoJytefc Aug 5 Mar 92 J499t($15) 15TE(3TE) QAF Ltd Aug 5 Mar
      173 words
    • 154 24 Company Data Year Groap pre-tax Nat earnings Crest ana to profit/loss (L) par share dividend (000) (coats) PCI Aug 15 Jun 92 $11,740(53.105) 6.1(2.3) 7(-) Chuan Hup Aug 14 Jun 92 $14,766(J9,466) 8.4(5.8) 4TE(2TE) Kamurting Aug 7 Mar 92 MJ41,394($21,011) 2.9(1.3) 1(15) M Plantations Aug 7 Mar 92
      154 words
    • 452 24 Cm*my Data Hatf-yaar Groap pra-tax latariai an ta praflt/tos (L) <hM»ad COM) H Leong Fin Aug 13 Jun 92 $30.032(122,916) 0U6 Aug 13 Jun 92 $45,877c($38,lllc) 5(5) OUE Aug 13 Jun 92 $18,823(113.981) 6(6) OUT Aug 13 Jun 92 $5,005($4,638) 4(4) S Finance Aug 13 Jun 92 $5,504($4,544)
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    • 160 24 M» Umi Last M Tur hracvt Ml fct KM EPS mmei 1m EPS Cms prdl lag* Rail* Umm hM Mjr (Cts) (SHI) (SSa) (cts) I***** F Aug 12 Jun 92 5.0 5.8 13.550 13.4—14.5 5.0-5.4 Mtmm F Aug 19 Jui 92 30 2 15.0 155,020 17.9—19.3 36.0—38.7 •■Pv
      160 words
    • 980 24 Tram Bagbtaiad Substantial Bay/ Na. af Amount Stoitiliai Stack Data HaMar SharaMdar/Wfactar Sad akarat Bafcra Altar NatSteel 07/08/92 COPL DBS Securities DBS Bank B 16,000 49,329 39.637,698 1864 39.653.696 1865 DBS Land 07/08/92 Street Names MNO Holdings (Pte) Ltd B 40,000 83,343 286,810.000 44 30 286,850,000 44
      980 words
    • 615 24 MM K«ri Lttt Frf Tear Caa** PmM Date Tear EPS Cms M ■MMd m*c (eh) pnA Mp* (STUD IMS Final Nov 6 Jul 91 30TE 17,8781 Mai Interm Aug 6 Dec 92 190 10.0 37.607 C Saarite Interim Aug 7 Dec 92 2.0 10 0 1.105 hraac
      615 words
    • 606 24 Currant Ex Mis PT«M far Trial tor piyMUt djtt do»« tfc® year list yw Mn rtdgs 50c 61(b) Aug 26 Sep 7 Sep 2« 6% 6% Am* 25c 10% Aug 21 Aug 27 Sep 10 10% 10% Ma Pac Ld 50c 2%(b) Jul 23 Aug 6 Sep 1
      606 words
    • 780 24 Aug 14 Genting International Bhd, which has just completed the construction of an industrial-grade paper manufacturing mill m Kuala Langat, is to construct a MJIOO million duplex board recycling plant as its next phase of development. Antah Hoidmgs Berhad announced that its earnings per share would not be
      780 words
    • 275 24 Company Rights Issue Golden Hip* Orefor sa MSI SO per share Ei-date Ai« 27 Books dose Sep 10 Acceptance i Payment: NY A OUT One4or two $150 per share Ei-date Aug 19 Books dose Aug 29 Acceptance I Payment NYA Company Bonus Issue Amcal One-tor three Ei-date Aug
      275 words
    • 527 24 Company Rights Issue <fcnci T«di One-tor one fe $100 per shaft Anal StMl One-tor three fe MS2 20 per share issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CUPS) with up to *****m Transferable Subscnpbon Rights (TSR) for an aggregate price of MSI
      527 words
    • 121 24 Bata (M) Bhd: EGM at Kelab Shah Alam, Selangor Darul Ehsan, on Monday, August 17, at 11.00 am Latsj-e Management Bhd: EGM at Anggerik Room. 4th Floor, Hotel Equatorial, Jin Sultan Ismail, ***** Kuala Lumpur, on Monday, August 17 at 10.00 am MBf France Bhd: EGM at the
      121 words
    • 166 24 Conversion Special Trig Scripte* Conversion deadline Period Trading Company Avis (IDP) (ST) ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 lano Pacific** Sep 21 Oct 15 Oct 5-Oct 15 Oct 16 Jnrong Ship
      166 words
    • 126 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 1316.68 (21/2/92) 1992 1545.92 (27/1/92) 1992 far 1159.84 (14/8/92) 1992 1337.95 (14/8/92)' 1991 htft 1333.08 (3/6/91) MM 1565 58 (3/6/91) 1991 tow 1022.52 (16/1/91) 1991 1149 08 (16/l/9ir 1990 M* 1435 43 (16/7/90) M90 h#c 1607.12 (27/3/90) 1990 far 981.07
      126 words
    • 347 24 In local chit In S$ In US$ dy yr dy yr dy yr Aug 13 Index chge chge chge chgc chge chgc World 364.9 0.3 -10.6 0.3 -10.9 0.3 -10.3 JEAFE 411.3 0.2 -18.1 0.4 -17.7 0.4 -17.1Europe 387.2 -0.1 -5.8 0.1 -3.0 0.1 -2.4
      347 words

  • MARKET REVIEWS
    • 767 25 FT YORK THE summer doldrums have arrived on Wall Street, even if New York's weather has done its best to throw everybody off their stride. (Temperatures actually fell drastically last week, prompting the reappearance of fur coats on Fifth Avenue). Investors are staying away from
      FT  -  767 words
    • 897 25  -  LONDON By Ray Heath IN STOCK MARKET lore there are many ways of calling the turn in share prices. Many involve complicated calculations involving yield ratios, or plots on graphs. Others are based to use theories on crowd psychology. One which sometimes
      897 words
    • 541 25 Pessimistic sentiment expected to persist this week AFP SHARE PRICES on the Tokyo Stock Exchange tumbled with its key indicator plunging below 15,000 yen last week as doubts about the economy lingered. The Nikkei Stock Average of 225 blue chips ended the week at
      AFP  -  541 words
    • 841 25 ■Vhongkomg Slthough share prices were trapped within a narrow range, the week was enlivened by Hutchison's announcement of its long-awaited cash call in the iform of a placement of 300 million new shares at HKS 14.90 each, raising a total of HKS4.4 billion
      841 words
    • 1107 25 THE Australian stock market suffered under the double burden of falling offshore markets and a crashing local dollar to finish sharply down last week, brokers said here last Friday. The main market indicator, the All Ordinaries Index, finished the week at 1,549.0, down 37.7 points on the
      1,107 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • Dow rebounds from 3-day losing streak
      • 237 26 Aug 14 Owe Previous NEW YORK Dow Jones 3,328.94 3.313.27 +15.67 SAP 500 419.91 417.73 +2.18 Turnover (million) 166.82 185.75 -18.93 LONDON Financial Times 30 1,753.8 1,722.2 +31.6 FTSE 100 2,356.8 2,3180 38.8 Turnover (million) 447.9 439.7 +8.2 FRANKFURT DAX Index 1.547.80 1.540.98 6.82 AMSTERDAM EOE Index 284 ***** +3.92
        237 words
      • Article, Illustration
        1356 26 STOCKS rebounded in sluggish trading 4ast Friday, halting a three-day losing streak as good news across the board helped the market hurdle an initial stall. The Dow Jones Industrial Average, •which fell 7.56 points on Thursday, rebounded 15.67 points to 3,328.94. Among the broad gauges, the New Jfork
        1,356 words
      • Article, Illustration
        700 26 ENCOURAGING NEWS on the British and German economies bolstered the UK stock market last Friday and helped the FTSE 100 index recover some of its recent sharp losses. UK inflation fell 0.4 per cent in July, the biggest monthly fall in retail prices for 25 years, to show a
        700 words
      • 207 26 SHARE PRICES firmed slightly to show a gain of 0.44 per cent to close at 1,547.80 points last Friday after four successive falls. The Commerzbank index rose by 0.90 per cent to close at 1,732.1 points. Firmer sentiment on foreign markets encouraged investors to make some purchases but volume
        207 words
      • 246 26 DUTCH SHARES rebounded by more than one per cent last Friday, moving from technical recovery into buoyant mood after a fall in German producer prices and new hopes of a German interest rate cut this year, dealers said. But at 284.96, up 3.92 points, the EOE index still closed
        246 words
      • 152 26 FRENCH SHARES recovered from sensitive low points last Friday to close up 1.81 per cent at 1,753.46 points on the CAC 40 index in response to falls in German prices. Figures from Germany showed that wholesale prices in July had fallen by 1.3 per cent and that industrial prices
        152 words
      • 143 26 ITALIAN SHARES fell over 2 per cent last Friday as Moody's two-notch downgrade of Italy's foreign currency debt rating to Aa3 brought another wave of selling onto the market. The MIB all-share index stood 2.3 per cent lower. Volume was so thin that nearly half of the shares traded
        143 words
      • 232 26 SWISS SHARES recovered from a weak opening last Friday to close higher in moderately active trade. Dealers said the firmer trend on the Frankfurt bourse and Wall Street's higher opening sparked moderate buying. The SPI all-share index rose 2.3 points, or 0.21 per cent, to 1,119.8, while the SMI
        232 words
      • 137 26 SWEDISH SHARES recovered early losses to close higher last Friday as retreating credit yields and stronger foreign markets encouraged investors to pick up bargains. Dealers said technical factors explained the recovery but it was too early to say whether it was just a temporary relief. Shares had fallen for
        137 words
      • 141 26 BELGIAN SHARES finished higher last Friday after a small recovery encouraged by a firmer start on Wall Street and rallies across Europe. The Bel-20 Index which had fallen over 5 per cent since the previous Thursday's first half 1992 earnings shock from market favourite Petrofina precipitated a heavy sell-off
        141 words
      • 452 26 THE South African share market bounced off lows last Friday to close firmer in place in two-way trade, as major institutions continued to nibble at selected blue chip stocks, dealers said. But the Johannesburg market was still down 6.8 per cent on the previous Friday's close, following the plunge
        452 words
      • 349 26 STOCKS returned to a more normal pattern of range trading and light volume last Friday, partly recovering from moderate to heavy losses earlier in the week, dealers said. The absence of many dealers before the weekend limited the day's play and most issues barely changed. Strength in global markets
        349 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 410 27 NEW YORK Reuter THE DOLLAR ended US trading lower last Friday, making a slow descent throughout afternoon dealings as players avoided testing the 1.4700-mark area ahead of the weekend. Traders said while the dollar was lifted in early dealings on news that West Germany's
      Reuter  -  410 words
    • 723 27 ASIAN CURRENCIES AFP HONGKONG Regional currencies achieved mixed results against the US dollar in last week's trading with the Japanese yen recording the biggest gains following speculation of a cut in American interest rates. The Thai baht also moved up slightly against the greenback as dealers
      AFP  -  723 words
    • 442 27 Reuter MOSCOW The battered rouble was given a vote of confidence over the weekend, as Ukraine's top banker said he favoured using the currency and the president of Kazakhstan pledged full support for the rouble zone. "The rouble should be above national
      Reuter  -  442 words
    • 568 27 Market likely to get much bigger as patronage from banks increase Reuter LONDON Banks, their balance sheets hurt by recession, are flocking to shortterm interest rate futures for cheaper and safer business, bankers and traders said. Their patronage should enable the flexible threemonth products,
      Reuter  -  568 words
    • 385 27 Cross rates Aug 14 I USS SS MS Dm Yen SFr AS NZS USS 1.6095 2.4990 1.4570 126.60 0.5179 1.3110 1.3908 1.8553 SS 0.6213 1.5527 0.9053 78.6580 0.3218 0.8145 0.8641 1.1527 MS 0.4002 0.64 0.5830 50.6603 0.2072 0.5246 0.5566 0.7424 Dm 0.6863 1.1047 1.7152 86.89 0.3554 0.8998
      385 words
    • 423 27 Reuter LISBON Portugal can expect a flood of foreign investment which will send interest rates tumbling and boost growth as the government lifts restrictions on capital movements, financial analysts have said. The Bank of Portugal said last Thursday that it would lift all
      Reuter  -  423 words
    • 522 27 Interbank rates s$ Bid Offer Overnight 2 3/4 3 1-month 2 1/16 2 3/16 2-month 2 1/8 2 1/4 3-month 2 1/4 2 3/8 Overnight mode: 1/2 US$ High Low 7 days 3 5/16 3 5/16 1 month 3 5/16 3 5/16 2 months 3 5/16 3 5/16
      522 words
    • 488 27 BANKS ABN Amro Bank NV 6ft ANZ Banking Group 6ft Allied Irish Bank PLC 7ft American Express Bank 6ft Arab Banking Corp 6ft Arab Bank PLC 6 BFCE 6ft Ban Hin Lee Berhad 6ft Banca Commcrciale 7 Banco do Brasil 7ft Bangkok Bank 6ft Bank Brussels Lambert
      488 words
    • 159 27 COW EX sou) nmwts(ioocxz) us$/« Ope" High Low Settle Chine Aug 92 335.00 335.50 334.50 334.80 +0.70 Sep 335.00 +0.70 Oct 336.00 337.10 335.80 336.10 +0.70 Dec 338.00 338.80 337.40 337.80 +0.60 Feb 93 339.70 340.50 339.30 339.50 +0.50 Apr 341.20 342.00 340.80 341.10 +0J0 Jun 342.60 343.70
      159 words
  • Page 27 Advertisements

  • COMMODITIES
    • 331 28 Reuter LOS ANGELES Mexico is opening the doors by a crack to its long-insulated oil industry under the North American Free Trade Agreement, a move welcomed by the US oil industry that is eager to expand. "The oil industry supports any activity
      Reuter  -  331 words
    • 282 28 Reuter MOSCOW Russian VicePresident Alexander Rutskoi has announced new plans to save the country's grain harvest and ensure adequate food supplies for the coming winter. Itar-Tass news agency said yesterday that measures were contained in a draft presidential decree presented by Mr
      Reuter  -  282 words
    • 858 28 REPORTS LONDON The slowing up of activity linked to the holiday period and the weak state of most economies hit the market for commodities last week, increasing the impact of sales which led to a 4.5 per cent fall in the price of gold
      858 words
  • 1441 28 Rubber HAS C»ww<ity Exdimf (fctrw dwjll m it lpi) KSS 1 Contract (S cents/kg) Gose Volume Open Month High Low Sett (tonnes) Interest Sep 92 143.50 143.50 143.50 150 2,200 Oct 142.25 141.50 142.25 250 4,000 Nov 142.00 141.25 141.75 525 3,225 Dec 141.75 141.25 141.75 850 3,700 Jan/Mar
    1,441 words
  • Page 28 Advertisements
    • 1001 28 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN THI MATTER 0# THE COMPANIES ACT, CAP.* LU BROTHERS SISTERS (PRIVATE) LIMITED ON MEMBERS' VOLUNTARY LIQUIDATION) At ao Extraordinary Oaaanl Maatinj of LBB BROTHERS ft SISTERS ■(PRIVATE) LIMITED duly coevanad led bald at 101 Uppar Croat Stmt
      1,001 words

  • 1237 29 City FligM ETA FMgfct ETD MMaMa SQ228 2050 SQ227 2230 RJ182 1440 RJ183 2340 DMMM SQ23 0645 KL838 2240 KL831 0940 Owrtit—< NZ25 1655 NZ28 1810 SQ288 2030 BA12 2200 Baatfar Sari BI421 1105 SQ182 0915 l«pni SQ181 1410 B1422 1205 B1429 2030 B1430 2125 Baagkafc
    1,237 words
  • THE TRAVEL PAGE
    • 697 29  -  POSTCARD FROM UMONE By Alan Cowell LODGED between the limestone drop of the Dolomites and the indigo spread of Lake Garda, the 996 residents of Limone possess 63 hotels, plenty of restaurants, the income from a million tourists a year and the secret of
      697 words
    • 152 29 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.IS26 1.1685 Canadian dollar 1.3342 1.3613 NZ dollar 0.8575 0.8748 Sterling pound 3.0963 3.I38S US dollar 1.6050 1.6120 Local dollars to 100 anits of foreign currency Austrian schilling
      152 words
    • 36 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Sep 19-22 International Pans Semaine (33)1/*****002 Sep 12-29 International Turin, Italy Torino *****569 Leather Week Internationale Caravan Caravan Esposizionio Du Cuir Equipment Exhibition
      36 words
  • Page 29 Advertisements
    • 46 29 It's amazing the lengths Fiimair goes to for just one price. Fly Finn air to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe from lUrt to Pmmih.
      46 words
    • 6 29 Innovation Technology in BT every Tuesday
      6 words
    • 472 29 Toll free Tel No: 737 0043 Fax No: 734 3698 M THE MATTER OF THE COMPAMES ACT, CAP. SO ANO IN THE MATTER OF TUNG YUAN ENTERPRISES PTE LTD On Memheis' Volunlvy liquidation) NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN th* pursuant to Section 306 of Itw Company Act
      472 words
    • 348 29 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF UNICREAM PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Compeniee Act. Cheptor SO. that a Final General Meeting of the abovenamed Company will be held at 0 Peneng
      348 words
    • 376 29 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF XTEND MICRO-PRODUCTS (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Com pen tea Act. Chapter 50. that a Final General Meeting of the abovenamed Compeny will be
      376 words
    • 282 29 In the Matter of THE COMPANIES ACT, CAP. SO And In the Matter ot KENNETH OOURMENT FOOD MANUFACTURING PTE LTD At an Extraordinary General Meeting of KENNETH GOURMENT FOOD MANUFACTURING PTE LTD. duly convened and held at 100, Jaian Sultan. #08-07 Sultan Plaza, Singapore 0710 on the 28th July 1992.
      282 words
  • Page 29 Miscellaneous
    • 329 29 1 Hostility caused by hae- disorder H| WM bowl a maiden over? (6) j 9 Once upon a time it was """"■■""■■l ~~18 shorter the same 10 Retorts used to advertise 12 At risk when making a call —|I^—" 13 Stood shock still when the temperature dropped below zero (5)
      329 words
    • 167 29 Singapore Outlook: Showers over several areas in the late morning and earty afternoon. Report Maximum temperature 30.0 Assoc humidity 73% Minimum temperature 23.4 Assoc humidity 94% Hours of sunshine 1.65 Rainfall in mm 3.0 Rainfall this month 36.1 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland IS/11
      167 words
    • 18 29 r-rv L€T JOV Be vJfHGes corniNG v>? Q r ASSOCIATED NEWSPAPERS LTO, IMI IN] 1 Q741 Qv cfc»/
      18 words

  • 450 30 Bid to turn Philippine port into Taiwan's top overseas transshipment base AFP, Reuter TAIPEI Cash-rich Taiwan has decided to systematically move its labour-intensive industries in the island's export processing zones to Subic Bay in the Philippines in a bid to turn the bay into
    AFP,; Reuter  -  450 words
  • 459 30 ftSIKESIDEHTim* Reuter HOUSTON Republicans, worried that their grip on the White House is about to shatter on the rocks of recession, gathered in Houston yesterday to rally round a president who frankly admits that voters have turned on him. But George
    Reuter  -  459 words
  • 254 30 Reuter BONN Iraqi Information Minister Hamed Youssef Hummadi says Iraq will fight to the last if it is attacked. But he told the German weekly Der Spiegel in an interview that the United States was too cowardly to engage in a
    Reuter  -  254 words
  • 223 30 Reuter, NYT, AP, AFP SARAJEVO Despite crossfire and landmines, a United Nations aid convoy reached the besieged city of Gorazde yesterday in a test of the UN Security Council resolution authorising force to bring humanitarian aid to Bosnia. But Sarajevo, the Bosnian capital,
    Reuter,; NYT,; AP,; AFP  -  223 words
  • 209 30 Reuter LONDON Up to one million British homes may be worth less than the value of the mortgage the owners took out to buy them, says the Bank of England, in a report to be released today. The problem, known
    Reuter  -  209 words
  • 182 30 AFP BANGKOK Land prices in the Thai capital's main business area have doubled over the past year to as much as 500,000 baht per square wah (558,050 per square metre). The cheapest land found in the Bang Rak district of the capital was
    AFP  -  182 words
  • 816 30  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist IT IS tempting to get nostalgic about the Cold War. Strategic interests were easier to define, thrusts and postures in international relations had much to do with the two superpowers
    816 words
  • Page 30 Advertisements
    • 169 30 Every Saturday in Business Times ETONHALL ETON HALL, Singapore (Boarding Facility for Foreign Local Students) Situated in lush, green tranquil surrounding in Alexandra Paik, this 44,000 V sq. feet building can house 160 male Jkt IfM female boarders from ages of 10 years upwards. Full meals (with choice variety), fully
      169 words
    • 9 30 Cheney denies report of Iraq confrontation plan, Pg 11
      9 words
    • 298 30 VI ll'l T vllflbl l I 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
      298 words

  • Shipping Times
    • 458 31  -  By Amir Khalil SINGAPORE To facilitate trade and save costs for shippers in the region, K Line, a major Japanese shipping line has begun issuing on-line original bill of lading (B/L) to non-shippers at 20 major ports in Japan and Southeast Asia
      458 words
    • 537 31 Harland and Wolff to build only one bulker for China Navigation FT BELFAST Harland and Wolff, the Belfast shipbuilder, has lost orders for two bulk carriers for Hongkongbased China Navigation Company, part of what was said to be the biggest merchant shipping order placed in
      FT  -  537 words
    • 242 31 Reuter ROME The Italian government has banned all shipping from around the prison island of Pianosa where hundreds of convicted Mafia gangsters have been locked up since last month. The precautions show apparent government concern that the Mafia may try to free some
      Reuter  -  242 words
    • 1150 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 I 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
      1,150 words
    • 454 31 Inquiry on QE2 accident NYT BOSTON Federal divers last Saturday found the rocky ledge where the Queen Elizabeth 2 damaged her hull a week earlier, and they said it was uncharted. Divers aboard a National Oceanic and Atmospheric Administration ship, the Rude, discovered "an expanse of pulverised
      NYT  -  454 words
    • 205 31 AP LONG BEACH, California The Queen Mary, a former ocean liner now permanently berthed as a tourist attraction, is so rusty it could sink, studies show. But disagreements over who should fix it have delayed repairs. E D Allen, a harbour engineer, said last
      AP  -  205 words
    • LOG BOOK
      • 87 32 PANAMA CITY US President George Bush has approved a 9.9 per cent increase in Panama Canal freight rates, officials here said on Saturday. The US-Panamanian commission that jointly operates the canal proposed the rate hike, which will increase the fee for laden ships
        87 words
      • 103 32 SINGAPORE Two bunker tankers and a freighter collided early Saturday morning off Pasir Panjang Terminal, causing light marine oil to spill into the sea. According to the Singapore Broadcasting Corporation, the collision was reported near the Western B Anchorage, about 4.7 km south of
        103 words
      • 136 32 ALOR STAR Kuala Lumpur will consider reducing port charges if this can contribute to more effective development of industries, Prime Minister Datuk Seri Dr Mahathir Mohamad said on Friday. The government was prepared to consider the matter even if the reduction means lower profits for
        136 words
      • 102 32 BANGKOK Thailand has freed two Myanmar dissidents who hijacked an airliner in October 1989 to publicise military repression in their country. Ye Thi Ha and Ye Yint, who are in their 20s, were released last Thursday under a broad amnesty for prisoners proclaimed to mark Thai Queen
        102 words
      • 52 32 LONDON The Maltese-flagged bulker Joanna P is anchored off the lower Mississippi awaiting a Coast Guard inspection after suffering bridge steering gear damage, Lloyds Shipping Intelligence said. The damage is believed to be due to a fire or explosion while the 23,973-dwt vessel was enroute for
        52 words
      • 60 32 LONDON The Cypriot-flagged bulker Keiyo was refloated on Aug 13 aided by four tugs after grounding in Kanmon Strait, Japan on Aug 8, Lloyds Shipping Intelligence said. About 2,300 tonnes of its coal cargo was discharged and a survey of the 17,630-dwt vessel at Hesaki anchorage revealed
        60 words
    • 1352 32 With world recovery looking to be slow and Japanese steel production likely to fall further, operators of Cape vessels are going to have to be patient indeed Lloyd's Maritime Asia THIS year's Capesize bulk carrier market has been a predictable victim of the slowing world
      Lloyd's Maritime Asia; Source: Lloyd's Maritime Information Services  -  1,352 words
    • 643 32 DRY CARGO freight rates rose on Friday as September grain rate indications increased in the physical market, brokers said. But the market remains somewhat directionless and apathetic and this is reflected in very slim volumes on the freight futures market last week, they added. Although the sluggish summer
      643 words
    • 961 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      961 words
    • 8327 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      8,327 words
    • SHIPS IN PORT
      • 570 47 i it$t»I fay No Berth Arm* Depart™ VesMl Depart*. Marina Terminal 1 Seiati Tnty 17 P09B i;os iooo 18 08/1500 Batam Baru B172 M04 1708/0900 1808/2300 Shan Furyu 13/92 P08A 1708/1500 1708/2359 Batam Map *****2 M03 1708/1000 1808/0500 Sptendto For 02E/92 P09A 1708/0900 1808/1100 Batam Murni *****2
        570 words
      • 1611 47 -DELIVERY Of FCL IMPORT CONTAINERS IN PROGRESS |$hp toy Wo Ccntanen avalatote Ship *oy Wo Contanen rnUOk Sentosa Jaya 034S 14.08 92 0150 Swan Reefer 188S COO(EST) 15 08.92 0400 I Apple 15N 14.08 92 0220 Hau Gang LS1632 COO(EST) *****2 2300 Ned Asia 1292 14 08.92 0330
        1,611 words
    • 739 48 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Sclwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970
      739 words
    • 533 50 Reuter NEW YORK The US Dow transportation average, trading at new lows for the year, could cast a pall over the rest of the market and limit any rally attempt, technical analysts say. They say that while the breakdown of the transports
      Reuter  -  533 words
    • 250 50 Concessions made for stake in reorganised company UPI NEW YORK Trans World Airlines, working to forge a reorganisation plan and emerge from Chapter 11 bankruptcy, said last Friday it has reached an agreement in principle with its 6,000member flight attendants union trading contract concessions
      UPI  -  250 words
    • 413 50 Reuter MOSCOW Russian air traffic controllers called ofT a strike last Saturday that largely failed to disrupt flights across the country, Russian television said. "The strike by Russian air traffic controllers has been terminated," said a brief announcement, quoting the leadership of the controllers'
      Reuter  -  413 words
    • 490 50 AP KATMANDU, Nepal The pilot of a Thai Airways jet struggled with faulty wing flaps before the plane slammed into a mountain last month, killing all 113 people on board, authorities investigating the crash said here on Friday. It was not clear
      AP  -  490 words
    • 293 50 Reuter DETROIT General Motors Corp, by raising 1993 :ar prices less than rivals Ford Motor Co and Chrysler Corp, may protect its share of the US market and avoid the need to raise incentives later on, industry analysts say. The
      Reuter  -  293 words
    • 421 50 AP MONTREAL Air Canada, which is engaged in merger negotiations with Canadian Airlines International, announced on Friday that its losses totalled Csl29 million (Ssl74 million) for the second quarter of this year. The airline's total losses for the first half of 1992 amount
      AP  -  421 words
  • Page 31 Advertisements
    • 24 31 Patient wait for upturn, Pg2 Lines and servient represented by Members ef the Registry ef Accredited For advertising enquiries, contact Shipping limes: Tel 740-2089/740-2090
      24 words
    • 112 31 Capes: Patient wait for upturn, Pg 2 Record-low Dow transport index bodes ill for market, Pg 20 "W~ I IS STILL HERE MOL's New Alligator Service to North America is bigger and better than ever. More sailings, even more cargo space contact your local MOL agent and find out why
      112 words
    • 43 31 toe FAMOUS Imk/mmk ■!Mlllgl* 224 1833 For more information please refer to Pg. 13 Cocfcett Report 2 Container Schedule 17 Daly FragMs 2 Index I Shppmg Gude 10,11 Ships m Port 17 Smgapore Tries 17 Transport Diary 18 Weather and Sea Condrtons 17
      43 words


  • Page 33 Advertisements
    • 3040 33 oocl (S) pte ltd jardine shipping agencies IV#* *****11 *****09 \kwwMw BOOKINGS TEL: *****34 *****58 ■*****1 TERMINAL/CFS TEL *****18 220 P CQCm3 H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L A PORT KELANG TEL: *****18 FAX *****91 *****88 f\ .—l;*.. PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 Dedicated to
      3,040 words
    • 3006 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT t (3Wf/1 I UNITED HUB SHIPPING (SAGII lIM VSI/VOY UN NYC I BAI ORF I SAV I UWI V lID MD H/tl 77/01 M/n I smt« iom nm os/io 07/10 0010 ii/it M
      3,006 words

  • Page 34 Advertisements
    • 1578 34 ROAM/ r=== VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE ■TTjITI MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 DREbDEN EXPRESS 06/333 23/8 9/9 11/9 14/9 15/9 PfVT IFI INC ft pcmajms KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 rYI^TTrTiT KAGA 25/334 30/8 16/9 18/9 21/9
      1,578 words
    • 482 34 I EXPRESS TO PAPUA NEW GUINEA 1 I SPORE I AL AM TALANG V7S 1«/0« POM/HON/NORO/RAB KIM/LAE/WWK (LCL B/BULK) T/S: ALOTAU, OROBAY, KAVIENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE VESSEL SPORt m LOAOWG FOR FLAMBOYANT Vs7*
      482 words
    • 1559 34 I BSwimm E>Mwm REGULAR INDEPENDENT FULL CONTAINER SERVICE IVSL/VOY SIN ALG BCL* IMM^BRT^RO^^ANT^^FEL^LHATI NORASIA PEARL 9224 3 18/08 10/09 12/09 13/09 14/09 15/09 16/09 17/09 18/09. JAPAN SEA 225W 23/08 14/09 16/09 18/09 19/09 20/09 21/09 22/09 23/09- I CHINA SEA 226N 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/09
      1,559 words

  • Page 35 Advertisements
    • 2315 35 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Td: *****88 Fax: *****17 tmnmt a Mrm CARGO SfO« BKOK STRAITS VENTURE V2OC Muara. lab. KK 1711 faf 1> *uf 19 N MARION VOIBS/019N 23-24 AUG 26 27 AUG STRAITS STAR *1X Muara. Lab. RK 21
      2,315 words
    • 2800 35 m_ SINGAPORE AGENT: ArfttoiflAf*C P&O Containers (Singapore Agencies) Pte Ltd X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL WOY FSSS *PKO 6M ALG HU AMT ROT HAM VESSEL *OY
      2,800 words
    • 103 35 CONTMKMSED/SEM CONTNNERtSEO/PMLLETBED SERVICE TO PAS* GUDANG KMT KELANG. KUCHMG I S6U MALAYSIA SPOKE PAS« GUDAW6 LOAOMG FOR GENKI 20/921 U/« TS7S KUCHMG/PONTIANAK GMA V92ISE »/l 25/1 SBU/SAJUKEJ SPOKE POUT KELAHG •GMA > 16 26/1 27/S PORT KEIANG ONA W lb£ 19/* SOU/KUCHMG G» V.C24 18/8 19/8 KUCHMG GW V.C2S 26/1
      103 words

  • Page 36 Advertisements
    • 611 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Wl/WT STOK ROAM AOAM HBURG BtthCN MAKEUP s«rmiArA 3swe 21/9 23/10 29/10 «/n 1/11 KUTM/26W8 6/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sublet lo tnducwrwnt. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Tnaata. ALSO
      611 words
    • 1554 36 0 HANJIN SHIPPING FOR VSI 5 HP LGB OAK FDR VS. 5 |UK HAIA SAV IN NVC HANJIM BREMEN 004 C IS 8 WttCT 5/9 8 9 HANJIN CtCJU MX 17/8 M ASM 005E 24/9 25/9 27/9 HANJIN FELIXSTOWE 014E 23 8 MRECI 13 9 16 9 HANJIN KNANGTANG 092E
      1,554 words
    • 1222 36 d -1 Im w ra m H( ra *1 K> 9U iro iu cm bm hyc lhv urn km n» hbc no cm m w I E GOMC KH2 11 1 11/1 21/1 20,'1 21/1 31/1 1/1 1/1 4/* 5 5 T/0 II J »/14 2/10 3/10 13/10 14/K 15
      1,222 words

  • Page 37 Advertisements
    • 1423 37 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 ■KM mm rnm FAR EAST SERVICE *****00 IMPORT CFS F9: *****60/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/india/pak service NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL:
      1,423 words
    • 533 37 YOUR RELIABLE FREIGHT FORWARDER KSt Iff I CUSTOMER SERVICE: 222 07&7 FAX: 222 7968 MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 23/08 Kaohsiung ETD 22/08 Pt Kelang ETD 24/08 Busan/Hong Kong ETD 24/08 Bangkok ETD 24/08 Japan ETD 23/08 Jakarta ETD 23/08 Madras ETD 24/08 Manila ETD 21/08
      533 words
    • 1178 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—WSCHAfIQNG WESTBOUNP-LOADHC TKMCHTPO) VIA ROTTERDAM law ma w>t |sw
      1,178 words

  • Page 38 Advertisements
    • 1609 38 KM wp 99 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (C* **********0H) u IWT 1 A TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I M J M H M MALAYSIA: "K" LINE MARITIME (MALAYSIA) BDN BHD JBb JL Mm* TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. HHH KAWASAKI KISEN
      1,609 words
    • 1119 38 phili orknt uncs pre ltd W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX:*****76 *****36 CfA BY AIR, LAND OR SEA.... m WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION rjjgfrUM —'"J* l I 18 AUG SYDNEY. MELBOURNE. BRISBANE. FREMANTLE
      1,119 words

  • Page 39 Advertisements
    • 2143 39 SSSSPIL PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I BANGKOK I I VESSEL VOV <MN jm T RIM VESSELVOVSIN BKKSIN vATt f" ,'v. SRISAMUT (THAI FLAG) SRS3ON 16/. 19/9 23/9 22 KOTA BINTANO KBT3ON 19/9 21/. 28/.
      2,143 words
    • 860 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT -SCANDINAVIA WEEKLY p P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GQT*(4) E J4/8 14/8 15/8 BENAVON 2322 18/8 4/9 6/9 7/9 9/9 E 21/8 22/8 JUTLANEMA 2332 25/8 11/9 13/9 14/9 ~~ii/9 D 28/8 28/8 29/8 SELANOtA
      860 words
    • 228 39 NIGERIAN NATIONAL Ml SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 Sap ETA Lagos 20 Oct Port Harcourt 26 Oct Calabar 30 Oct ACCEPTING B/BULK AND CONTAINERS I BSA° I TRANSPORTATION M MYANMA wmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf
      228 words


  • Page 41 Advertisements
    • 56 41 1/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REGULAR GROUP AGE I# consolidation AUCKLAND SYDNEY IMPORT EXPORT nAimKm MELBOURNE FREMAHTLE services wm i, SHSI<B* FOR BOOKING &r SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL:
      56 words

  • Page 42 Advertisements
    • 2688 42 Full Container Liner Services 6t»« £«a* Shipping Sdrt Bhd Chttag Chit* Shipping Sdn Bhd FT Btobl Putr» Indonesia Maritime rZtiZZ, kite Costar ShippingPteLtd w «t*u. stmil I^' m /xixl 2 MiStn llOdd 4/Hill Street Seiangor Oarut Ehsan M 442 5091 442 508/ >■ U )■*> H c MCßuild Zi ,s
      2,688 words
    • 259 42 SAMUDEM INDONESIA (S) PTC LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0100 Talax: R*****0 ■IBH T*fc *****01-3 Fax: 225 4930, *****30 FOR BOOKINGS CALL DIRECT LWJE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 973 IN PT 20/08 (THU) MERKUR DELTA 936 18/06 (TUE) 20/08 (THU) DERAJAT 995
      259 words

  • Page 43 Advertisements
    • 575 43 (fe FAMOUS COHTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/8 ROTTERDAM 26/8 HAIFA/ASHDOO/ALEXANDRIA 26/8 HAMBURG/BREMEN 26/8 MARSEILLE/FRANCE 26/8 FELIXSTOWE/UK 26/8 BARCELONA/SPAIN 26/8 LEHAVRE/ANTWERP 26/8 GENOA/ITALY 26/8 GOTHENBURG/SCANDINAVIA 26/8 LOS ANGELES/WC/IPI 26/8 SYDNEY/MELBOURNE 18/8 NEW YORK/EC 26/8 FREMANTLE/ADELAIDE 23/8 VANCOUVER 26/8
      575 words
    • 133 43 P.T PERUSAHAAN PELAYARAN i KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTMATION MAGA 42 Voy 12/92 15/17 Aug Jakarta/Paiembani I RACHMAMJIL I Voy 15/92 19/20 Auf Jakarta/Paiembani RACHMAMJEL I Voy 16/92 22/24 Au| Jakarta/Paiembani I I MAGA 42 Voy 13/92 26/27 Au| Jakarta/Paiembani RACHMAMJEL I Voy 16/92
      133 words
    • 1527 43 [ZXa RICHFIELD MARINE (S) PTE LTD \Sil TEL: *****33 (12 HI ff U ltiMllllr8)»«lll||{llllilMilllIW5^^W =l FAX: *****15/*****03 |H-| TELEX: RS ***** RISHIP JAKARTA BANGKOK \m ETHIOPIAN SHIPPING LINES JT— Z I Z I I [TL. I" I .HT. I .3TL' I (National Lines of Ethiopia) «<» 22/01 2VOI IAWJ BHUM
      1,527 words

  • Page 44 Advertisements
    • 1631 44 ItAiMAC-NELS GROUPAGE I NV\ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v l P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 19/8 20/8 21/8 Honf Konc Ldn/Fli/Rdm/Ant 20/8 21/8 22/8 23/8 24/8 25/8 Honf Kong G'burf/Chafen/Sholm/Oslo 23/8
      1,631 words
    • 298 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM AUST STAR 0526 22/1 3/9 5/9 22/9 PROSPECT 20S 6/9 18/9 20/9 6/10 Ni STAR 0521 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER.
      298 words
    • 1133 44 THONG SOON IMS PTE. LTD.! 77 ROBMSON ROAD #15-00, #18-00 StA BULDMG SNGAPORE 0106 I TEL: *****88 FAX NO: *****11, *****22 ITLX: RS ***** CARRER, RS ***** JENHOt CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |WT |S POKE TpEST VESSEL Wl tHK P. HUM Z EQUATOR
      1,133 words

  • Page 45 Advertisements
    • 823 45 COMPANIA PERUANA »DE VAPORES X "PERUVIAN STATE LINE" fCCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM •ALLAO, MAT ARAN). ILO* OTHER PERUVIAN PORTS* fTH T/S AT KOBE ON CPV THROUGH BtL OF LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM IOBE, YOKOHAMA. NAGOYA, MOJI. TOKYO*, MANIA*, DAVAO*. Penjnj* P. Kdm|
      823 words
    • 569 45 |CZD ziw Iwll CtHlMf S#fflCB maj N.AMERICA/CARRIBEAN SERVICES ttSSEL HOT MM IW LAI AST W RTC Iff! AM OSAKA *231 20/S M HONGKONG S 15/9 24/9 28/9 3S/9 2/18 A VESSEL 29/S OM MEDIC« K 23/9 2/10 ft/10 S/1S 18/18 m iimi USE 30 IZM SAVARNAH 3* 1/10 18/18 14/18
      569 words
    • 638 45 raST MULTMHOOE SHPPIN6 PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEFTINQ FCL/LCL OU6AJ DAMMAN SHAfIIAH. DOHA. MUSCAT. BAHRAIN. ABU DHABI BANOAft ABBAS. ItDOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KCIANG. JAKARTA. BANGKOK. HONG KONG TAIWAN JAPAN MANIA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS. TIBURY, ABERDEEN. LE HARVE. HAMBURG. ROTTEROAM. ANTWEP GOTHENBURG. COPENHAGEN I
      638 words
    • 449 45 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MAHSEILLE/LASPE2IA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRAUA/FAR EAST/MEOITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI I WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CABBO I00KIB8: LUCKY TRANSPORT FREIGHT CO (PTE)
      449 words
    • 419 45 SIN FHHST 24/8 KEELUNG/KAOHSIUNG 22/8 BANGKOK 21/8 MANILA/CEBU 23/8 JAKARTA/BELAWAN/SURABAYA 24/8 PORT KELANG/PENANG/E. Malaysia 17/8 BUSAN 20/8 TOKYO/YOKO/KOBE/NGO/OSA 24/8 HONG KONG SM CMM 24/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SHI EUtOPt/W 22/8 LDN/FLX/LVP/SOU 22/8 ROM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SM KH/tHMM 22/8 LOS ANGELES/NEW
      419 words

  • Page 46 Advertisements
    • 867 46 ECONOLINES- A Time Space Pilot for World Trade Navigation since 1979 We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods
      867 words
    • 484 46 Bonterm/ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 22 AUGUST ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 23 AUG JAKARTA 24 AUG PENANG 24 AUG PORT KELAN6 20 AUG 22 AU^^l MELBOURNE 27 AUG SYDNEY 7 UG I FELIXSTOWE 22 AUG HAMBURG 22 AUG ROTTERDAM 22 AUG
      484 words
    • 591 46 This Week's Sailings To: ETD To: ETD Singapore Singapore V-' Rotterdam 22/08/92 Bangkok 23/08/92 Antwerp |^JN| Manila 21/08/92 (Onforwin-ding to M id West/ 23/08/92 Colombo 23/08/92 E S USA?* C^f o*ll Singapore *****22 779 2738 omM Jttmk Mm YBr 07-*****8 07-*****3 Alfred Ng MaiM JgS< jwr Jakarta 021-*****40 021-*****01 Troy
      591 words
    • 446 46 CHINESE-POLISH WA JOINT STOCK SHIPPING CO f CONTAMER/BREAKBULK ISM CEYNORA V 46 11/ l CASABLANCA B. MB ¥25 2/9 ANTNERf/ROTTOOAM/HMCURfi/GDTMA I LUBAN ¥.51 </9 CASABLANCA KARLOMCZ V.49 24/8 XMGANG/NAIUMG/SHANGHAI ZHANGKNG ¥.45 25/8 HUANGPU/SHANGHAI/XMGANG BALTIC FAR EAST SHIPPING PTE LTD 2 MtSTRI ROM) #10-00, HMC BULMNG, STORE 0207 TIL: *****69 FAX:
      446 words

  • Page 47 Advertisements
    • 87 47 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stones on labour and its relanonship 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 at
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    • 100 47 OF TRANSCONTAINER LIMITED CONSOLIDATION SERVICES TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA. HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTERDAM, FELIXSTOWE (ALSO ACCEPTING FCL CONTAINERS.) YUSEN AIR SEA SERVICE (S) PTE LTD SOUTHPCXNT #11-02 A, 200 CANTONMENT RD, SINGAPORE 0208 TEL (65) 227 4567 FAX: (65) 227 5556 TLX RS *****
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  • Page 47 Miscellaneous
    • 442 47 TIDES AND WEATHER TODAY'S TIDES (Iwjflt in metres) «U 0000 0100 0200 0300 MOO 0500 0600 0700 MOO *************************5001(*****01S00 1900 2000 2100 2200 2305 JR 2.7 29 28 24 18 12 07 05 04 05 10 1.7 2.3 2.6 26 24 20 1.4 09 0.6 05 07 11 18 PP
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  • Page 48 Advertisements
    • 552 48 1 Wftk, LIAN HUAT SHIPPING CO fPTEI LTD. 1 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION
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    • 524 48 i. cosco UKC CQNVEMTTOHAL SERVICE VESSEL PKL PNG P.O. LOAOING FOR: A VESSEL 28/08 Rottardam/Antwarp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/08 20/08 Huangpu/Guangzhou COSCO FULL CONTAM6R SERVICES (FCL/FCH EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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    • 484 48 I «DAMMAM SHARJAH MINA QABOOS ABU DHABI BANDA ABBAS n 'THcctcUe £aat I I———————————-—_ i IF REUABorrris YOUR PRIORITY IT IS OUR BUSINESS I < > i Pte i < Pauline Thean *****88• James R Hasmel x CD C. °Q HVruVH? sooavp VNIW HvrovHS svaav vaNva iwwiwq-i? SKH DISTRIPARK PTE
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  • Page 49 Advertisements
    • 1217 49 Jk HYUNDAI MERCHANT MARINE CO. LTD. *VIA FEEDER PACIFIC SOUTH-WEST SERVICE PHA* IKE* Pgr SH* TO USA VOY KAO LBH OAK DAL/HOU CH SIU NYC 04/08 29/07 31/07 07/08 H. COMMANDER Ott 14/08 31/0S 03/09 03/09 01/09 01/09 06/09 11/ OS 05/08 07/08 14/08 a PIONEER 51E 21/08 07/09 10/09
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    • 467 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu NT sr PI ABC U TAAAS MTO «1 SU $10 SID COSABC USUI 11 SID HPT cosmc noMU 24 btt h i MAaCt KIU 120 HPT 11 1 Mill* 17 21/t »/l Utt MM 14 27/1 SMBAJ IS
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    • 628 49 JEDDAH/UK/CONTINENT ISTOK lio S TON KBUK ADAM lEH Abo Acctptex Carp F« MONTI IOSA 21/133 21/1 21/1 12/1 7/1 SoulMnpton :toal UK dntmat*. BHfatt and DuMn ORtSOtN TAP 04/333 23/1 l/l 11/ l 14/1 15/1 letter dim to Ji Antwerp. Aimterdan, OM*. Httariu HH|H^| KAAUKURA 24/134 27/1 5/1 11/ l
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    • 122 49 »BINTAN6 MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS PORTS Of CARGO S'PORE DESTMATKMS BMTANG BEL AIT VIC In Pt-18 huf BMiu. Mri. KBeUK BMTAN6 SEMA VI7E 20-21 Au< 22-23 A«« BkibAu. Mbi KBeUrt MERCURY PEARL VISE 24-25 Aut 25-26 Au|
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  • Page 50 Advertisements
    • 56 50 Every Saturday in Business Times —~i Efccutive Housekeeper -this Mel| I wants is me. Bob I'll never neglect I J 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
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    • 104 50 mmtmw Every Saturday in Business Times NOTICE NOTICE M.V. DOOYANG RUBY VOY. I ARR'D 4TH AUGUST 1992 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 18th August 1992 0900-1200 hours at PTIO. No further survey will be
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