The Business Times, 20 August 1992

Microfilm: NL18500
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times THE HI/SI \ESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, August 20, 1992 75*
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  • NEWS SUMMARY
    • Article
      Slight fall in GDP confirms recession still alive in UK
      85 1 LONDON Britain's gross domestic product fell by 0.1 per cent in the second quarter of 1992 from the figure in the previous quarter, confirming the continuation of the longrunning recession, provisional seasonally-adjusted official figures showed here yesterday. Consumer confidence, which
      85 words
    • Article
      Taiwan and Vietnam to restore air links
      79 1 TAIPEI Two of Taiwan's international airlines said yesterday they would begin flying to Vietnam next month, restoring air links between the two sides after a year's break. Flag-carrier China Airlines said it would make two roundtrip flights between Taipei and Ho Chi Minh
      79 words
  • MARKETS SUMMARY
    • Article
      Dow up
      26 1 WALL STREET was mixed in early trading yesterday morning. After one hour of trading, the Dow Jones average was up 1.35 points at 3,330.83.
      26 words
    • Article
      Footsie up
      22 1 LONDON shares were higher at midday yesterday. At 1200 GMT, the FTSE 100-share index rose 9.3 points to 2,364 points.
      22 words
    • Article, Illustration
      STOCK INDICES
      28 1 Wednesday Change BT-MGA 635.26 -1.36 Kuala Lumpur ....560.01 +3.77 Tokyo 14.650.74 +341.33 Hongkong 5,620.44 -54.72 Sydney 1,561.6 -3.4 Tuesday Change York ....,-.3,32%»8 4.59 London 2,354.7 -21.4
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    • Article
      CURRENCIES
      22 1 Exchange rates US$ SS 1.6095 100 Yen SS 1.2733 MS SS 0.6437 Money market rates Overnight 3-7/8 7/8 3-month 2-7/16% +3/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$338.60 USS2.05 Rubber S'pore Sep 140.00*/kg -1.25 M'sia Sep 218.00*/ltg -0.50 KL Tin Turnover 91 tonnes +71 Spot MSl6.61/kg -0.21 Crude palm oil Turnover l,1421ots +886 Sep MS846 /tonne 7
      35 words
  • Article, Illustration
    Lock icon Current hotel price war set to be bloodier than the last
    558 1  -  Singapore's 5-star hotels join fight for growing Asian tourist market Reports by Lee Han Shih, Hong Lee Tiam SINGAPORE Hit by flagging occupancy rates, hotels are engaged in a price war that threatens to be even bloodier than the
    Source: Singapore Tourist Promotion Board  -  558 words
  • Article
    Hey sailor, Shangri-La's here to please you
    239 1 SINGAPORE The fight for the American sailors, a story widely told in the hotel industry, has become the best example of how far Singapore hotels will go to fill up their rooms. The sailors are US Navy personnel transferred from Subic Bay Naval
    239 words
  • Article
    Easing of rules leads to jump in resale of HDB flats
    332 1  -  By Colin Tan SINGAPORE The number of Housing and Development Board flats transacted on the secondary market has risen significantly since the Board relaxed its rules in 1989 to allow permanent residents and private property owners to buy its
    332 words
  • Article
    Uncertainty hangs over S'pore unit of Wang Laboratories
    419 1  -  By J Joseph Rajendran, Teh Hooi Ling SINGAPORE An air of uncertainty hangs over the future of Wang Computers Pte Ltd, the wholly-owned local subsidiary of Wang Laboratories Inc which has filed for bankruptcy protection in the United States. General manager Frank
    419 words
  • Article
    Lock icon Garuda plans to drop S'pore for Batam
    58 1 AFP JAKARTA The Indonesian flag carrier Garuda plans to shift its European gateway from Singapore to Batam island, the Antara news agency said here yesterday. "Hopefully Garuda will have moved its stopovers on European routes from Singapore to Batam in two years," Antara
    AFP  -  58 words
  • Article, Illustration
    Local shares recoup losses after headlong dive to 19-month low
    370 1  -  By S N Vasuki SINGAPORE The Singapore stock market took a roll-er-coaster ride yesterday as a sharp plunge in the morning session was followed by a dramatic recovery in the late afternoon. The benchmark Straits Times Industrials Index ended the
    370 words
  • Article
    Lock icon Fears as Tokyo denies real estate rescue plan
    161 1 Bloomberg TOKYO Bank of Japan Governor Yasushi Mieno yesterday denied a prominent news report that said the central bank would team up with private banks to rescue falling land prices. His denial, coming one day after the Ministry of Finance announced a
    Bloomberg  -  161 words
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      Page 1 Advertisements Column 1
      516 1 TBurberrysl HF '*D 4/s. -J/ i Reigns when it pours Wearnes' China venture WEARNE Brothers is pumping US$5 million into a new joint venture with China Great' Wall Computer group to do low-cost personal computer manufacturing in Shenzhen. Page 4 Haw Par to set up plant HAW Par Brothers, which
      516 words
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      Page 1 Advertisements Column 2
      54 1 KFCB to move into HDB resale market, Pg 2 What went wrong? WANG isn't just a company going bankrupt. "Its dreams are going bankrupt too," says an analyst. What went wrong at the US computer company? What lies ahead? Turn to Page 9 Sinar Mas rapped for hiring technicians from
      54 words
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      Page 1 Advertisements Column 3
      116 1 Hotels aiming at Asian businessmen, Pg 3 Chairman was famed for his suAmming efforts 6utfezu knew that afterwards he indulged himself at the Qrand&ciz^ It's quite true.'Many.chiefextcutives have faurum to indulge in the authentic Cantonese 4 Mights of the grand Pavilion after having jjfo f Cffl excised away the stress
      116 words
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      32 1 I TOTAL TRANSPORTATION SERVICES CROWN PACIFIC 36 Pioneer Road Singapore 2262 Fax: 862 2840 Tlx: RS ***** CRW NPAC Td 861 6818 Hock Lock Siew: Good sense will surely prevail, Pg 4
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Companies must emphasise quality service: Boon Heng
        99 2 PROVIDING quality scrvicc should be part of a company's future, not a side issue, said Senior Minister of State for Trade and Industry, Lim Boon Heng, yesterday. Speaking at a seminar on the subject, he said managers sit up when they talk of
        99 words
      • Article
        SIA on Vancouver flights
        56 2 SINGAPORE Airlines (SIA) said yesterday it will continue flying three times weekly to Vancouver, pending the outcome of talks between Canada and Singapore. SIA stopped flying from Europe to Toronto on July 1. SIA managing director Cheong Choong Kong said yesterday he hopes any new accord
        56 words
      • Article
        $7m Mindef contract for SCS
        61 2 THE Ministry of Defence (Mindef) has awarded a $7 million contract to Singapore Computer Systems Ltd (SCS). Under the contract, the medical and dental records of all serving military personnel will be computerised. This will give military doctors and dentists more up-to-date patient profiles and
        61 words
    • Article
      Property agents KFCB to move into HDB resale market
      245 2  -  By Colin Tan SINGAPORE Higher resale prices for HDB flats and the need to cultivate a better relationship with clients have led property agents Knight Frank Cheong Hock Chye Ballieu (KFCB) to move into the HDB resale market. KFCB's residential director
      245 words
    • Article
      $110b to be spent on 4 regional centres: CIDB
      388 2  -  Construction cost for Marina South likely to be $20b By Colin Tan, Lilian Ang SINGAPORE A massive $110 billion is expected to be spent on the construction of the four proposed regional centres in Singapore over the next 25 years, while
      388 words
    • Article
      Keen response likely for three choice residential sites
      251 2  -  By Lilian Ang SINGAPORE Tenders close today for three choice residential sites which are expected to reap $90 million for the Urban Redevelopment Authority. Property sources expect big-league and lesser-known players to have bid aggressively for the sites in Orchard Boulevard, Orange
      251 words
    • Article, Illustration
      Lock icon Developers raised prices of unsold units in second quarter: report
      407 2 SINGAPORE Encouraged by a flurry of speculative buying following an unexpected first-quarter price rise for private residential properties, some developers have either raised their prices or lowered discounts on their unsold units in the second quarter. A report released on
      Source: Richard Ellis Research,Singapore  -  407 words
    • Article, Illustration
      Sinar Mas rapped for hiring technicians from China
      421 3  -  Be mindful of Indonesia's limited job opportunities: minister From Maggie Ford in JAKARTA INDONESIA's Mines and Energy Minister Ginanjar Kartasasmita yesterday criticised the Sinar Mas Group for hiring hundreds of technicians from China to help build five power plants in the country.
      421 words
    • Article, Illustration
      Lock icon Affluent in S'pore spend least time commuting, working: Asian survey
      385 3  -  By i Diana Oon SINGAPORE The affluent in Singapore spend the least time commuting to their jobs and work the shortest hours, compared to their counterparts elsewhere in Asia. In spite of this, affluent Singaporeans who are the third biggest
      Source: Far Eastern Economic Review  -  385 words
    • Article
      China Patent Office seeks trading partners
      215 3 SINGAPORE The China Patent Office, which opened a five-day exhibition on patented products and innovations yesterday, hopes to attract partners for manufacturing and product development. The exhibitors, who are displaying their wares at the International Merchandise Mart in Jurong, hope to find trading partners
      215 words
    • Article
      Singapore precision engineering firm in China venture
      316 3  -  By Teh Hooi Ling SINGAPORE Local precision engineering firm Acmax Machinery plans to set up a joint-venture operation with a Chinese consumer electronics manufacturer in mainland China. The operation, to be controlled by Acmax, will supply the Chinese manufacturer with sophisticated nickel moulds
      316 words
    • Article
      Hotels aiming at Asians as Western businessmen stay away
      381 3  -  Hotel price war By Hong Lee Tiam SINGAPORE Local hoteliers are aiming at a bigger share of the growing Asian business market, as corporate guests from the recession-hit West spend less here or stay away altogether. Operators surveyed recently by BT
      381 words
    • Article
      Lock icon M'sian leader urges govt to hire more non-Malays
      331 3 Minister hopes to see fulfilment by end-1990s AFP KUALA LUMPUR A Malaysian Chinese leader yesterday pressed the government to increase the intake of ethnic Chinese and Indians into the public sector now dominated by indigenous Malays. Ling Liong Sik, the president of
      AFP  -  331 words
    • Article
      Japanese companies still find region attractive
      352 3  -  By Shoeb Kagda SINGAPORE South-east Asia remains an attractive destination for Japanese companies looking to expand their activities abroad, according to a recently concluded survey by the Japan External Trade Organisation (Jetro). The Jetro survey showed that the number of Japanese companies interested in
      352 words
    • Article
      Lock icon Manila eases borrowing rules
      188 3 AFP, Reuter MANILA The Philippines has cut red tape for foreign firms wanting to borrow on the domestic market in a fresh bid to attract investment, a government statement said yesterday. Foreign firms operating in the Philippines can repatriate capital, declare dividends, remit branch profits or
      AFP,; Reuter  -  188 words
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      Page 2 Advertisements Column 1
      169 2 votvo We've specially fitted the classic Volvo 240 with more than $11,000 worth of luxuries at absolutely no extra charge. ■nHHMnnra fF pv Inside, you'll sink into the tactile comfort of hand sewn leather seats. Your hands will grip a sporty leather bound m steering wheel. And you'll glide along
      169 words
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      134 3 t «>«* OR 11 5 D ODaO OHa SUM DRIJ or m o oiiaooua sum •>«« DM 0 IttaOl I2la S) ia *> nt s onmoi ones Jfef;. o» o no» sun Hunt ma tin EiFHvEss imi 111 l-S E=isr Wr 111 Li/! I can noma < Ml I jomiiht
      134 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Foreign shareholdings in OCBC dip to 39.6pc
        55 4 SINGAPORE The foreign shareholdings in OCBC dropped to 39.6 per cent from 40 per cent, it said in a statement yesterday. Separately, OCBC executive vicepresident Elizabeth Sam said she exercised her option to take up 10,000 OCBC ordinary shares of $1 each at
        55 words
      • Article
        Liang Court sets up M'sian unit
        91 4 SINGAPORE Liang Court Holdings Ltd, which wants to market its apartment management services in the region, has set up a wholly-owned subsidiary in Malaysia. Liang Court Hospitality Services Sdn Bhd was registered on July 28 with an authorised capital of M 525,000 (S$16,100) and
        91 words
      • Article
        DBS to acquire 5.2pc of Secura
        100 4 SINGAPORE DBS Bank, through two separate agreements, will end up with 5.2 per cent of Secura Singapore Pte Ltd. In the first step, DBS Bank agreed to acquire 175,000 shares in Security Printers (S) Pte Ltd at $1.90 a share from ADP Holdings Pte
        100 words
      • Article
        CSA gets 76pc of Pacificomp
        41 4 SINGAPORE CSA Holdings Ltd has acquired 76 per cent of Pacificomp Pte Ltd for $450,000 through its 80 per cent-owned subsidiary, CSA Distribution Pte Ltd. Pacificomp is the distributor for Wearnes' personal computers in this region.
        41 words
      • Article
        Annual report competition
        59 4 SINGAPORE The 19th Annual Report Award Competition, covering all companies listed on the Stock Exchange of Singapore (SES) and Sesdaq, was launched yesterday. The competition, jointly organised by the SES, the Institute of Certified Public Accountants of Singapore and the Singapore Institute of Management, will screen all
        59 words
      • Article
        Corrections & clarifications
        54 4 Corrections clarifications IN yesterday's lead story headlined "Stat board listings will add needed depth to market", we carried a table in which Sembawang Towing was stated as unlisted. This is incorrect. Sembawang Towing was renamed Sembawang Maritime Ltd and listed on the Stock Exchange of Singapore in 1987. We are
        54 words
    • Article
      Wearnes, Chinese partner in US$10m venture
      358 4  -  Personal computers, circuit boards to be made By Joseph Rajendran SINGAPORE Wearne Brothers, which has gone through a bad patch in the electronics industry, is pumping US$5 million (558.05 million) into a new jointventure plant in China, to make low-cost personal computers and printed
      358 words
    • Article
      EMS to move bulk of production work to M'sia under revamp plan
      296 4 SINGAPORE Beleaguered video cassette maker Electro Magnetic (S) Ltd will shift the bulk of its production activities to Malaysia, under a restructuring plan proposed by its judicial managers. A statement from the group yesterday said the move, which
      296 words
    • Article
      Haw Par interim group net earnings down 35pc
      366 4  -  By Genevieve Cua SINGAPORE Haw Par Brothers yesterday announced plans to acquire a pharmaceuticals manufacturing operation in China and disclosed a 35 per cent fall in group net earnings for the six months ended in June. Haw Par chief executive Hong Hai
      366 words
    • Article
      Investments boost San Teh earnings
      183 4 SINGAPORE A shrewd investment in Malaysian banking stocks lifted key pad maker San Teh's net earnings 12.8 per cent to $4.81 million for the six months to June 30, compared with firsthalf 1991. Executive director W F Chuang told BT that San Teh invested in
      183 words
    • Article
      Keppel Philippines' record interim profit
      179 4 SINGAPORE Riding on the marketing network of the Keppel Group, Manila-based Keppel Philippines Shipyard Inc has posted record interim group earnings of 42.39 million pesos (552.62 million). This is about 7 per cent more than the 39.58 million pesos the company made in the first
      179 words
    • Article, Illustration
      Lock icon PNB's pre-tax profit plunges to M$86m
      283 4 MBT KUALA LUMPUR Permodalan Nasional Bhd (PNB) posted a group pre-tax profit of M 586.4 million (5555.6 million) for the year ended Dec 31, 1991, a big drop from the MS 546 million achieved a year ago. After-tax profit before distribution of bonus and
      MBT; Source: MBT  -  283 words
    • Article
      Good sense will surely prevail
      675 4  -  THE HOCK LOCK SIEW COLUMN By Amy Balan,Conrad Raj IS THE current weakness in share prices justified? In the seven trading days since National Day, the Strait Times Industrials Index, the market's leading barometer, has shed some 112 points, or nearly 8 per cent, to
      675 words
    • COMPANY BRIEFS
      • Article
        Japan's Daido to form steel venture with Astra
        148 6 TOKYO Japan's Daido Special Steel Co Ltd said yesterday it planned to form a specialty-steel venture with Indonesia's Astra International group to make steel moulds for automotive and electronics parts. The venture will be set up in Jakarta in December capitalised at
        148 words
      • Article
        Coles Myer reinvestment plan
        97 6 MELBOURNE Coles Myer Ltd said yesterday that it will introduce a dividend reinvestment plan after requests from shareholders. Chairman Solomon Lew said the company would propose to shareholders a scheme which would have a limit providing for a maximum reinvestment of A$ 1,500 (S$ 1,755) from
        97 words
      • Article
        Leighton profit up 7pc
        83 6 SYDNEY Australian building contractor Lcighton Holdings Ltd reported yesterday that after-tax profit for the year ended June 30 rose 7 per cent to A 522.5 million (5526.3 million). Revenue in the period was flat at A 51.59 billion. The company declared a dividend of four Australian
        83 words
      • Article
        NEC plans trial production
        85 6 TOKYO NEC Electronics Inc, a US unit of Japan's electronics giant NEC Corp, will in the near future begin trial production of a 64-bit reduced instruction set computing (RISC) chip "VR4000" for a wide range of uses, a NEC spokesman said. NEC had yet to decide
        85 words
      • Article
        Warrants on Hopewell issued
        76 6 HONGKONG Goodwill Capital Ltd has issued 40 million two-year covered warrants on Hopewell Holdings Ltd at HK$l.33 each. The issue price represents a premium of 25 per cent on the exercise price of HKSS.3O. Hopewell shares closed at HKSS.3O, up HKSO.OS from the previous close. A
        76 words
    • Article
      Lock icon China, Kumagai Gumi sign Hainan contract
      213 6 AFP BEIJING An affiliate of Japanese construction giant Kumagai Gumi signed a contract here on Tuesday to develop a huge industrial zone in Hainan province, China's largest capitalist experiment, state television said. The contract was signed by Hainan Governor Liu Jianfeng and C P
      AFP  -  213 words
    • Article
      Lock icon Sony, Pioneer, report lower first quarter earnings
      367 6 Results reflect harsh competition, global slowdown UPI TOKYO Sony Corp and Pioneer Electronic Corp, two of Japan's leading consumer electronics makers, announced disappointing first quarter earnings that are expected to set the tone for the industry's performance through the rest of the year.
      UPI  -  367 words
    • Article
      Lock icon Soaring costs eat into profits of S Korea's top 10 chaebol
      245 6 Reuter SEOUL Soaring financing costs and domestic economic gloom have struck first-half profits posted by South Korea's top 10 "chaebol" diversified conglomerates although their sales pushed ahead, a securities houses analysis said. Combined taxed profits by the 10 chaebol
      Reuter  -  245 words
    • Article
      Lock icon Broken Hill Pty offers A$1.5b for IBH's stake in Foster's
      311 6 Reuter SYDNEY The Broken Hill Pty Co Ltd has offered to buy the stake in Foster's Brewing Group Ltd held by International Brewing Holdings Ltd for Asl.s billion (552.5 billion), IBH receivers Ferrier Hodgson and Co said yesterday. Ferrier Hodgson
      Reuter  -  311 words
    • Article
      Lock icon Lippo to list banking and insurance unit in HK
      455 6 Bloomberg HONGKONG Hongkong investment concern Lippo Ltd intends to list banking and insurance subsidiary Hongkong Chinese Bank Ltd through the sale of 40 per cent of the shares in a new holding company. Lippo bought 99.73 per cent of the bank
      Bloomberg  -  455 words
    • Article, Illustration
      Lock icon Seoul considers rescue plan for stock market
      539 6 Reuter SEOUL South Korean ministers, eyeing the country's plummeting stock market with concern, met on Tuesday to discuss a financial rescue plan as analysts debated how much further the beleaguered bourse might fall. Deputy Prime Minister Choi Kak Kyu and economic ministers agreed
      Reuter  -  539 words
    • Article
      Lock icon Fletcher reassures investors with special briefing
      395 6 Reuter WELLINGTON New Zealand conglomerate Fletcher Challenge Ltd (FCL) helped stem a run on its share price by calming investors at a special results briefing yesterday and setting out a hard-hitting debt strategy. FCL had prepared investors for the worst, so when the diversified
      Reuter  -  395 words
    • Article
      Lock icon IBM, Sears form venture to create computer data network
      435 7 Reuter NEW YORK International Business Machines Corp and Sears, Roebuck Co unveiled a joint venture on Tuesday that will create one of the world's largest computer information networks. In a joint statement, the two corporate giants touted the venture, called Advantis,
      Reuter  -  435 words
    • Article
      Lock icon Hewlett-Packard third quarter earnings down
      319 7 NYT SAN FRANCISCO After seeming to defy the recession for more than a year, Hew-lett-Packard Co on Tuesday reported lower earnings for its third fiscal quarter. Hewlett-Packard earned US$l9l million (*****.5 million), or 76 US cents a share, in the quarter that ended July 31,
      NYT  -  319 words
    • Article
      Lock icon Unilever looking globally for acquisitions
      480 7 Reuter LONDON Food is top of Unilever plc-NV's shopping list as the Anglo-Dutch giant scans the world for acquisitions, primarily in North America and the Far East, its chairman said. The global food and consumer product player has squeezed cash management tightly and slashed group
      Reuter  -  480 words
    • COMPANY BRIEFS
      • Article
        Dell Computer's earnings up sharply
        77 7 AUSTIN, Texas Dell Computer Corp said its second quarter net income and revenues rose sharply as customers who previously purchased personal computers from lower-tier clonemakers were attracted by the Dell brand name. Dell earned US$2l.9 million (5535.2 million) or US$O.57 a share on sales of
        77 words
      • Article
        BICC sees no market pickup
        61 7 LONDON Cables and construction company BICC pic, announcing first half results, predicted its major markets would continue to feel the pinch of poor economic conditions until next year. Pre-tax profits in the six months to June 27 fell to £58 million (SslBo million) from £66
        61 words
      • Article
        Mannesmann profits down 89pc
        76 7 BONN Mannesmann, the German engineering group, on Tuesday reported an 89 per cent fall in first-half profits and blamed launch costs of its D 2 Mobilfunk mobile telephone network. Net earnings declined from 134 million marks (*****.5 million) to 15 million marks on sales of 12.8
        76 words
      • Article
        Trefoil to raise stake in LA Gear
        107 7 WASHINGTON Trefoil Capital Investors said it plans to buy one million additional shares of LA Gear Inc from former chairman Robert Greenberg. In a Securities and Exchange Commission filing, Trefoil said Mr Greenberg notified it of his intention to sell the shares at
        107 words
      • Article
        O&Y to present debt plan
        60 7 TORONTO Olympia York Developments Ltd will present its first formal debt restructuring plan by Friday's deadline, but there was little hope creditors would agree to any of the proposals by then, an O&Y lawyer said. O&Y and 28 units have struggled to restructure about CsB.6
        60 words
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      76 words
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      305 5 TV-. f«| SHHp jjr S Bl v Jr *r mukm W mm s Sml MKk ../wl Hf jiSP* JH* jM W&M* B iA: %iiP Bfc p JiKjfl v -i* «fc£' £:*SfeBw ■<■. iffiS:# «fc r :v f p 3@^ofcs i f*v < y •»•'«> x 'vv. > > 1 *\Sv#
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      111 6 ARE YOU READY FOR 1993 A AND VB BEYOND? DO YOU HAVE WHAT IT TAKES TO SUCCEED AFTER 1993? DO YOU WANT TO GAIN A COMPETITIVE EDGE IN 1993? DO YOU NEED TO REKINDLE YOUR ENTREPRENEURIAL SPIRIT? DO YOU WANT TO BE MORE COMMITTED, DECISIVE AND CREATIVE DO YOU WANT
      111 words
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      177 7 The spending power of! over 80,000 potential customers. The added pull of a direct i underground link from Raffles Place MRT station. A d the most dramatic retail i arcade at the centre of it all. It's the business opportunity of a i i lifetime right in the heart of
      177 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Tokyo credit banks expected to cut prime
        92 8 TOKYO Japan's long-term credit banks are expected to cut their prime lending rate by between 0.3 and 0.4 percentage point in September from the present 6.1 per cent, Jiji Press said on Tuesday. It will be the first time since June 1989 that
        92 words
      • Article
        Den Norske posts first-half loss
        75 8 OSLO Den Norske Bank, Norway's biggest commercial bank, on Tuesday reported a net loss of 1.2 billion kroner (*****.7 million) for the first six months of this year, up from 921 million kroner in the same period of last year. The price of shares in
        75 words
      • Article
        Danish bank sees interim loss
        67 8 COPENHAGEN Jyske Bank, Denmark's third largest bank, has lost 479 million Danish kroner (Ssl37 million) pre-tax in the first half of 1992, compared with a pre-tax profit of 178 million kroner a year earlier. First-half net interest income rose to 909 million kroner from 875
        67 words
      • Article
        US bank's US$761m new loans
        78 8 BOSTON Bank of Boston Corp said on Tuesday that during the first three months of its credit initiative, it has made US$76l million (Ssl.2 billion) in new loan commitments to over 500 businesses in New England, against US$439 million for the full year 1991 to
        78 words
      • Article
        Green light for First Exec plan
        56 8 LOS ANGELES The unsecured creditors committee of First Executive Corp said on Tuesday the US Bankruptcy Court had confirmed the Committee's and First Executive's joint reorganisation plan. Under the joint reorganisation, First Executive's assets will be divided into three groups: the FEC Liquidation Trust,
        56 words
      • Article
        Unidanmark Bank incurs loss
        66 8 COPENHAGEN Unidanmark A/S, the second-biggest Danish banking and financial group, reported on Tuesday a pre-tax loss of 1.48 billion kroner (*****.3 million) in the first-half against a profit of 728 million in the same period last year. The bank said that it would pay no dividends
        66 words
    • Article, Illustration
      Insurers may have to pay $8m in claims
      379 8  -  Ginza Plaza explosion By Soh Tiang Keng SINGAPORE Insurers may have to fork out about $8 million in claims arising from the recent gas explosion at Ginza Plaza, an uncompleted shopping Centre in Clementi estate. Industry sources say preliminary estimates reveal that
      379 words
    • Article
      Lock icon Small banks enjoying Aussie home loan boom
      351 8 Reuter SYDNEY A boom in housing loans has sent share prices of small banks soaring to record highs while those of Australia's Big Four banks, hit by problem loans, have slumped. Analysts said falling interest rates also helped smaller banks but further capital
      Reuter  -  351 words
    • Article, Illustration
      Lock icon Philippine bank to channel aid to rural poor
      446 8 Reuter MANILA State-controlled Philippine National Bank (PNB), the country's biggest and most profitable bank, plans to redirect its resources to help alleviate rural poverty, its new chairman said yesterday. "This is the biggest bank in the country. What is it doing for
      Reuter  -  446 words
    • Article
      Lock icon Abu Dhabi to charge ex-BCCI executives with fraud
      400 8 FT, Reuter ABU DHABI Abu Dhabi has laid preliminary fraud charges against 14 former executives of the Bank of Credit and Commerce International and intends to hold a formal trial in the emirate. In the first press interview given by the Abu
      FT,; Reuter  -  400 words
    • Article
      Lock icon AIG's success and tough chief keep critics shy
      483 8 NYT NEW YORK While other large multi-line insurance companies continue to stagger from real-estate losses and weak markets, M R Greenberg's tightly run international empire, American International Group, last month reported results so characteristically positive that Wall Street once again greeted them
      NYT  -  483 words
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      Page 8 Advertisements Column 1
      115 8 For a free If you've always thought that dining at The New Orleans was a unique Brunch at experience, we've just made it an unforgettable one. Because from The New Orleans 15 August to 15 September' 92, you can delight in our Sunday Jazz brunch just show us absolutely free.
      115 words
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  • FOCUS
    • Article, Illustration
      Lock icon Wang's options: move quickly or die
      406 9 What went wrong at the US computer company which has filed for Chapter 11 protection? What lies ahead? Reuter WANG Laboratories Inc, which saddened the US computer industry by filing ft>T. C hapter 11 on Tuesday, most move quickly to keep or the company
      Reuter  -  406 words
    • Article, Illustration
      Lock icon Chapter 11 marks end of long struggle
      929 9 Fighting for survival even while its founder was still alive, Wang sank under insufficient cash flow NYT WANG Laboratories Inc's filing for bankruptcy marks the end of a long struggle for tHe Massachusetts-based company. At a news conference in Cambridge, Massachusetts, on Tuesday,
      NYT  -  929 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      247 9 STRATEGIC PLANNING THE KEY TO BUSINESS GROWTH 31/8/92 1/9/92 Happiness Hall, Plaza Hotel This is an unique opportunity for entrepreneurs and managers to meet and wo*k with Dr Russell ONve, an experienced proven Business Consultant to Arthur D Utile Consultants (USA). Dr ONve is also a Professor at Northeastern University
      247 words
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      Page 9 Advertisements Column 2
      88 9 I 1 Give Us Your I j Name Card I A ND WE'LL GIVE YOU NOT JUST ANY GIFT BUT I Just send us your name card together with this Ad, and we'll mail you a CARAN d'ACHE writing instrument C \RA\ j \eHf ree S' mm c k s
      88 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Thai foreign reserves rise to record high
        60 10 BANGKOK Thailand's foreign reserves of gold, special drawing rights and convertible currencies rose to a record high of US$2O.6 billion (5532.9 billion) at end-June from US$l9.B billion in May and US$l6.5 billion a year ago. The Bank of Thailand said yesterday that the
        60 words
      • Article
        Vietnam bonds raise S$12m
        66 10 HANOI Vietnam has raised more than 82.8 billion dong (about Ssl2 million) to build a national electricity grid by the mandatory sale of treasury bonds to Vietnamese companies. Nhan Dan, the communist party newspaper, said yesterday that companies in 51 of Vietnam's 53 provinces and in
        66 words
      • Article
        Indonesia acts to avert row
        65 10 JAKARTA Indonesia said yesterday that it would take over the chairmanship of the Non-Aligned Movement before next month's summit, avoiding confrontation with Muslim members who do not want current chairman Yugoslavia on the podium when the meeting starts. Several Islamic countries, angry at the violence
        65 words
      • Article
        Reform for Thai military media
        43 10 BANGKOK The Defence Ministry is examining ways of re-organising the military-owned broadcast media, in line with the government's plans to free-up the airwaves. Defence Minister Banchob Bunnag said yesterday that a committee had been formed for the task.
        43 words
      • Article, Illustration
        Kit Siang lodges police report
        57 10 KUALA LUMPUR Malaysian Opposition leader Lim Kit Siang (right) leaving the Petaling Jaya police station after lodging a police report against Prime Minister Mahathir Mohamad yesterday for accusing him of being "anti-Islam". Mr Lim, leader of the Democratic Action Party, said he would be taking
        57 words
    • Article
      Lock icon Four top Thai officers ousted from state firm
      348 10 Bid to break tradition of military taking plum public sector jobs AFP BANGKOK Four senior Thai military officers have been sacked from the board of a state enterprise in a drive to break the tradition of the military taking plum public sector
      AFP  -  348 words
    • Article, Illustration
      Lock icon Ousted Chatichai re-emerges as frontrunner in September election
      377 10 NYT BANGKOK The scandaltainted Thai prime minister ousted in a coup last year has re-emerged as a frontrunner to lead Thailand's next civilian government, a political rebirth that has dismayed many in the country's new democracy movement. In a political system in
      NYT  -  377 words
    • Article
      Lock icon KL to diversify plantation sector amid rapid industrialisation
      455 10 Reuter KUALA LUMPUR Malaysia plans to move into biotechnology and other modern farm activities to help prevent land and other problems from clouding the future of its plantation sector, say officials and growers. Malaysia was the world's top oil palm grower and
      Reuter  -  455 words
    • Article
      Lock icon Dawkins defends 3pc growth forecast for Australia
      449 10 A$ rises in tacit support of government projections AFP CANBERRA Australian Treasurer John Dawkins began selling his A 513.4 billion (S$ 15.5 billion) deficit Budget yesterday, defending his forecast of 3 per cent growth for the current fiscal year. He told the National
      AFP  -  449 words
    • Article
      Lock icon Proposed pension reform set to boost NZ equity markets: fund managers
      270 10 Reuter WELLINGTON A gov-ernment-appointed task force has handed New Zealand three options for pension reform that fund managers say will boost the country's equity markets in the long term. In putting forward the options on Tuesday, the task force
      Reuter  -  270 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      11 10 IKFHKUI UU SUM HE ihbut. LIPPO BUILDING No 1 Phillip Street
      11 words
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      Page 10 Advertisements Column 2
      80 10 Analysis, Pg IS The Bottom Line, Back Pg /Vlowtex has more than 150,725 characters? You're pulling my leg! But we are not. actually have more than letters we make probably we can your SIGN needs more quickly, at competitive prices and we won't pull j^H J] Hl/Montex I the Sign
      80 words
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      Page 10 Advertisements Column 3
      447 10 :-T" uLJjI —)l Vl j .II THE 2NO INTERNATIONAL MUSLIM FOOO 1 TECHNOLOGY EXHIBITION mWEX 92 t«Y j-k »l TT T. 20 23 August 1992 World Trade Centre Hell 5 A 6 Singapore The Only Food Exhibition Addressed To The Niche of the Muslim Food Market M In conjunction with
      447 words
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  • THE WORLD
    • Article
      Lock icon Japan's growth will fall to 2pc by year 2000: Miti
      417 11 Economy will suffer if rise in energy use kept at a planned lpc a year NYT TOKYO Japan's economic growth rate will fall to 2 per cent from a targeted 3.5 per cent by 2000 if the increase in energy
      NYT  -  417 words
    • Article
      Lock icon Franco-Taiwan group planning to set up hypermarkets in China
      358 11 Reuter HONGKONG A FrancoTaiwan consortium plans to introduce China to a bulwark of modern French life the hypermarket. Taiwan's President Enterprises Corp has teamed up with French hypermarket chain Carrefour to lay plans for sprawling shopping centres in cities such as
      Reuter  -  358 words
    • WORLD WATCH
      • Article
        Seoul won't block Mexico's Apec bid
        80 11 SEOUL Despite worries that it will lose further market share in the United States as a result of the North America Free Trade Agreement, South Korea said yesterday that it will not oppose Nafta member Mexico's application to join Apec. The four-year-old Asia Pacific
        80 words
      • Article
        Taiwan seeks technology for jets
        60 11 TAIPEI Taiwan, seeking to develop its aerospace industry, will ask for technology transfers in exchange for its purchases of jet fighters from abroad, a senior aerospace official said yesterday. The island is seeking to buy F-16 fighters from the United States and Mirage 2000-5s from
        60 words
      • Article, Illustration
        Heavyweight support
        63 11 UNITED NATIONS Former boxing champion Muhammad Ali (right) posing with Bosnia's ambassador to the UN Muhamed Sacirbey on Tuesday. Ali appeared with other North American Muslims to show support for the Muslims in what was Yugoslavia. Meanwhile, the UN High Commissioner for Refugees said the bitter winter would
        63 words
      • Article
        More bankruptcies in Britain
        79 11 LONDON The number of people going into personal bankruptcy in Britain rose by 30 per cent to a total of 16,180 during the first six months of the year compared with the figure for the same period last year, accountants KPMG Peat Marwick said in a
        79 words
      • Article
        Sino-Israeli trade pact
        60 11 JERUSALEM Israel and China gave preliminary approval yesterday to a trade agreement designed to expand commercial ties between the two countries and help cement diplomatic relations established last January. Israeli officials hope the agreement will double exports to China, currently US$3O million (Ss4B million) a year. Imports
        60 words
    • Article
      Lock icon Tokyo leaves next step to banks
      131 11 Reuter TOKYO The Finance Ministry gave banks a breather with steps announced on Tuesday, but it is pressuring them to come up with their own plans to restructure and cope with huge bad loan portfolios. "We will not let banks go j under, but
      Reuter  -  131 words
    • Article
      Lock icon EC does not expect US to retaliate over oilseeds
      339 11 Reuter BRUSSELS The European Community does not expect the United States to escalate a trade row over oilseeds by slapping punitive tariffs on EC food and drink this week, an EC spokesman said on Tuesday. The row was being handled under
      Reuter  -  339 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      133 11 You get a better night's sleep on a British Airways flight to Australia. i w 4K» F J J®* 1 *Hk^M Fly British Airways to Australia and you'll find that you arrive Fly our new 747-400 aeroplane and you'll enjoy an increased with plenty of time for a decent night's
      133 words
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  • Article
    Banking on the region
    454 12 EDITORIAL GENETIC engineering and banking may have little in common but Singapore's Big Four banks should do some cloning as they expand in the region. Sceptics may pour scorn at this suggestion the success formula that has reaped rich dividends at home for the local banks
    454 words
  • WHAT THE OTHERS SAY
    • Article
      When it's right to be kiasu
      339 12 TO APPRECIATE the context of the Prime Minister's challenge, consider this anecdote from The Next Century by David Halberstam, a writer who tracks seminal trends in achievement. Way back in 1983, when South Korea was showing how it was a new Japan in the
      339 words
    • Article
      Leading the way
      89 12 THE KEY FACTOR to Singapore's viability is its relevance to the world economy. Without any natural resources, the people is the backbone of its survival. Hence it is important for the people to know the factors that may shape their destiny. Mr Goh has outlined these factors
      89 words
    • Article
      Maintaining friendly ties
      96 12 IT WAS only recently that Malaysia dropped its charges against seven fishermen, including two Singaporeans, who were accused of fishing illegally in Malaysian waters. The incident had seriously affected the livelihood of other fishermen in Singapore. We are also prompted to think of the recent loss in
      96 words
  • REGIONAL VIEWPOINTS
    • Article
      New design sparks concern
      210 12 LEGCO Engineering constituency representative Samuel Wong Ping-wai yesterday raised a valid point when he urged the Civil Aviation Department to look into the safety aspects of the new design for the Chek Lap Kok airport. His concern will be shared by many who do not want
      210 words
    • Article
      Understanding Aids
      164 12 PERHAPS the video and whatever Aids education there is will be an anathema to concerned parents. But they must be realistic. The fact that school-chil-dren have been caught with pornographic materials and sex books shows that sweet innocence is not always in full bloom in secondary school. It
      164 words
    • Article
      Enhancing productivity
      157 12 THE KEY competitive edge in the future therefore lies not largely in cheap prices but in high quality products and the innovation necessary to develop new products. These kinds of products can be manufactured only by industries which use energy-sav-ing methods to exploit natural resources and use productive
      157 words
  • Article, Illustration
    Lock icon China's new political competitor in HK
    1156 12  -  Though in office for only a few weeks, Hongkong Governor Chris Patten has put China on the defensive. Philip Bowring reports Philip Bowring IHT CHINA won many golds as it newly mastered Olympic Games, but in Hongkong it is suddenly finding that it has
    IHT  -  1,156 words
  • Page 12 Advertisements
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      68 12 DOONESBURY GARRY TRUDEAU f*£TTt EASY 5H5 U/ORXS UKB A PSMON AT WAS ALWAYS ZT3 NOT^UUfjj that's ONTHdEve, this umepecoßAUNG business tearing mb down, JHsne YOUR NEW HUH* ANPI'II- ISETUPfVRHER.ANPYETSHB r MIHPING A*? Of WHERE I CAMS PAISBV WIFE, TELLYOJ, SHE& 1 57ZW-PENOLS IN PIENTY OF FROM I JUST Jim-* quite
      68 words
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      Page 12 Advertisements Column 2
      410 12 ProPak ?§PAsia92 The 6th Asian International Food Processing Packaging Technology Exhibition Conference 1-4 September 1992 World Trade Centre fyfove Ahead Of Competition with (Pro<Pak%sia92 Indeed, today's consumers are faced not In conjunction, a f J t J only with a wide variety of products to seminar on the current o
      410 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon UK's flexible accounting standards come under fire
      1160 13  -  As the British recession drags on and the corporate wreckage mounts, the debate over company accounts has turned nasty. Erik Ipsen reports Erik Ipsen IHT LONG-SIMMERING disaffection with the flexible standards of British accounting has shocked nearly everyone by bursting forth as a
      IHT  -  1,160 words
    • Article, Illustration
      A gutless Aussie budget, say analysts
      864 13  -  The 1992 Australian budget has been slammed by business analysts. Florence Chong reports from Sydney Florence Chong CORPORATE Australia is understandably "underwhelmed" by the 1992 budget handed down on Tuesday night. Leading business analysts point out that the real deficit is considerably higher than
      864 words
    • Article
      Lock icon It pays to invest in education
      576 13  -  Peter Passell looks at a new study which shows how schooling affects earnings Peter Passell NYT LIKE cleaner air and safer streets, better education has become a must on every politician's wish list. But in an era of shallow pockets, when an extra dollar
      NYT  -  576 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      75 13 FIVE EASY PIECES. Investing in \jf AMTT T foreign currencies CURRENCY RATE* can yield up to 5 times the interest Spanish Pesetas 11.3250% return on your money compared Pound Sterling 8.6850% with Singapore Dollars. Higher ECU 9.3750% rates for higher Deutschemark 8.3250% deposit amounts are available Swiss Francs 6.7950% upon
      75 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      872 14 Ems Nothing Boats A where to wine, dine OF ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10>200 people from 12 noon to-5 pm. After your Penang Buffet Lunch, the Ist round of drinks during
      872 words
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      Page 14 Advertisements Column 2
      289 14 I- j j Sr '?BlHlcome. The delicious flavours rf-Tsih||pl^ecialJ^brough^^yo»^^^^^^^ Buffet Lunch: $15.50** Pineapple Rice, Vegetarian (1230pm to 2.45pm) Fried Rice, Lemon Chicken Enjoy a delicious spread 06 F Kwa TeoW of your favourite Western P® 1^ em Asian dishes specially H^ d selected for your 7 Curry (Fn), Ixmgtong, Curry
      289 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      715 14 TELEVISION AND RADIO M~ "1 SBCI2 health centre, holding a worn- 4.00 El Pecado Dt Oyuki. 'bi ICIWCCC iXU Binifi r\T\ I 7 l*Vl inn CkO C 'r an hostage (Stereo). 4.30 No One But Yoy. BUSIHWS* Vffl Wim* VI I 111 K I- 1 11l I IrW ___dm r\
      715 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Appetite for life
      898 15 Frank Prial traces the career of Charles Aznavour, arguably France's greatest singer of popular songs NYT The lunch is long and lazy, in the French style; a dozen friends on a terrace overlooking the sea, seven courses, good Bordeaux, Nat King Cole in the background. But Charles
      NYT  -  898 words
    • Article
      Lock icon A lousy time for Californian wine
      564 15  -  The phylloxera is wreaking havoc on the vineyards of the Napa and Sonoma valleys in California. Ros Davidson reports Ros Davidson Reuter A LOUSE-LIKE aphid, phylloxera, is posing the biggest threat to California's premium vineyards since Prohibition. The same insect, which kills vines by
      Reuter  -  564 words
    • Article, Illustration
      TV's Mona wins 1992 Topaz award
      499 15 CHATTERBOX ACTRESS Katherine Helmond, who plays Mona on the TV sitcom Who's the Boss? and earlier played Jessica Tate on Soap, has been named winner of the 1992 Topaz award, presented by Women in Film-Dallas. Helmond, who's from Galveston, is to accept the award
      499 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      248 15 AND ENTERTAIN *•'1 (IPmMvIT?; The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price A during these hours ANA HOTEL Mm to Ttaur 6pa... 10 pa, Fri 6pm to 8 pm tmpnx* (65)
      248 words
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      Page 15 Advertisements Column 2
      416 15 Jointly Present The Chartered Institute of Transport INTERNATIONAL Malaysian Strategic Consultancy TRANSPORTATION CONFERENCE DEVELOPING TRANSPORT INFRASTRUCTURE FOR THE 21 ST CENTURY CHALLENGES OPPORTUNITIES Date: 7-8 September 1992 Venue: Crown Princess Hotel, Kuala Lumpur nfHrit■! ~—i uinciai upentng ackstoss oy i (xpM I YAB En AMut Ghafar Baba I I Ritlirm
      416 words
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  • SPORTS
    • SIDE LINES
      • Article
        Connors cruises to easy win in RCA opener
        88 16 INDIANAPOLIS Jimmy Connors, the old man of tennis, played like a youngster in romping past David DiLucia 6-1, 6-2 during the opening round of the US$l million (S$ 1.61 million) RCA Championships tournament on Tuesday. Connors, two weeks shy of his 40th
        88 words
      • Article
        Mancini falls in first round
        59 16 INDIANAPOLIS Alberto Mancini, playing his first hardcourt match in almost five months, was beaten by Spain's Tomas Carbonell 6-1, 6-4 on Tuesday in the first round of the US hardcourt tournament. Thirteenth-seeded David Wheaton dropped the first set of his match against Rodolphe Gilbert of
        59 words
      • Article
        Blow for Warwickshire
        57 16 LONDON Lancashire all-rounder Mike Watkinson dented what slim hopes Warwickshire still has of winning the county cricket championship title with the first hattrick of his career on Tuesday. Watkinson trapped Roger Twose and Dominic Ostler in his sixth over then bowled Trevor Penney for a duck on
        57 words
      • Article, Illustration
        A different kind of welcome
        49 16 CAPE TOWN Members of the South African Council on Sport's Rugby Union staging a placard demonstration yesterday, protesting against the arrival of the Australian rugby team here. The Wallabies are due to play the South African Springboks on Saturday in a one-off Test match.
        49 words
      • Article
        Players charged with fraud
        53 16 MIAMI Wide receiver Lamar Thomas and running back Jason Marucci of the top-ranked Miami Hurricanes were indicted on Tuesday on federal charges of fraudulently obtaining financial aid through Pell grants. The two players were charged with knowingly and wilfully obtaining federal financial aid "by fraud, false
        53 words
    • Article, Illustration
      Lock icon Bird announces retirement from basketball
      688 16 AP BOSTON US basketball great Larry Bird, saying persistent back injuries forced him from the game, announced his retirement from the Boston Celtics on Tuesday after 13 seasons and three championships with the team. "I never wanted this time to come but it's here," Bird,
      AP  -  688 words
    • Article, Illustration
      Lock icon Beijing's Olympic heroes showered with rewards
      410 16 Reuter BEIJING At just 13 years old, Chinese diver Fu Mingxia has won an Olympic gold medal, captured hearts around the world and clinked glasses with top leaders at Beijing's Great Hall of the People. Now she is adding up her bank balance. Like
      Reuter  -  410 words
    • Article
      Lock icon Languishing Chinese football gets capitalist kick
      208 16 AFP BEIJING Deng Xiaoping's love of bridge is well known but he may have caused a revolution in Chinese football, which is kicking around plans to let players get top dollar. Football is the most popular spectator sport in the country, but fans have
      AFP  -  208 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      145 16 WHO TURNS BUSINESS INTO PLEASURE? THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. At Thai, we like to make all our passengers feel as true to its name, you'll be treated no less than royalty. So whether you're off to any one of our-51 Asian though they're off on
      145 words
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  • ADVERTISING & MARKETING
    • Article
      Arnold's further taps appetite for halal fast food
      517 17  -  Competitors also eyeing the growing Muslim market B* Ignatius Low The battle for Muslim patrons is heating up with Arnold's Fried Chicken opening a new outlet and with more food chains applying for halal certificates to meet the Muslim community's growing demand
      517 words
    • Article
      Lock icon Reebok ends Dan and Dave saga
      434 17 NYT FACED with yet another unforeseen twist in the saga of "Dan and Dave", Reebok International Ltd has decided to end its costly and controversial advertising campaign. "The 'Dan and Dave' campaign, as we know it, has been settled in Barcelona," a Reebok spokeswoman,
      NYT  -  434 words
    • Article, Illustration
      This clown needs help
      212 17  -  Ignatius Low reports on the search to find Ronald McDonald a helper Ignatius Low HE's cute, energetic and funny. He has charities named after him. He even looks good on television. He's Ronald McDonald the McDonald's fast-food chain's mascot who is so famous that kids know
      212 words
    • Article, Illustration
      Sonia Rykiel launches designer watches
      315 17  -  By Hong Lee Tiam THE Sonia Rykiel set in Singapore will soon be able to wear her designer watches along with clothes from her upmarket collection. The French designer, famous for her classic but simple designs, has come out with a line of quartz analog
      315 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      127 17 Congratulations V i r V. ~i i V- j Mr Ch it Liu Chian i Manacinc Director of Tropical Alliance Communications Pte Ltd I ON BEING AWARDED The Public Service Medal (PBM) by the President or the Republic of Singapore y I f With warmest congratulations from your partners across
      127 words
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      Page 17 Advertisements Column 2
      27 17 Our latest model reflects THE 1856 STATE OF THE ART. Handmade since iait IVftlT Mint ftANtfWaV MIIICO CUT GOLD///PFEIL < o X m li >*% ft t i I
      27 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Short-covering helps shares recover early losses
      3939 18  -  By Genevieve Cua BLUE CHIPS bounced back sharply yesterday after their steep losses in the morning sent the key market index to a 19-month low. The morning sell-off had been triggered by a Straits Times report quoting unnamed analysts as saying the Straits Times
      3,939 words
    • Article, Illustration
      Lock icon HOT STOCK
      82 18  -  Quak Hiang Whai UNITED Overseas Bank has fallen to a critical level of $6.10 which should provide good support However, a break below that level will see the stock fall to about $5.30 as it is on the downward leg of an upward trend in its monthly chart
      SOURCE: BRIDGE INFO  -  82 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      50 18 CALL MILANO'S HOT DELIVERY HOTLINE NOW! i 468-2222 i for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm. Milano Allltil'Wi AllHotmUjle
      50 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3138 20 M Banking 525 +20 +4.0% Choc Prod 50* 59 +11 +22.9% Dunlop Est 160 +6 +3.9% Sunset Way 188 +6 +3.3% Gentings 50« 740 +5 +0.7% Guinness 50* 290 5 +1.8% H Leong Credit 259 +5 +2.0% NST 231 +5 f2.2% Tongkah Hldgs 106 +5
    3,138 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      292 20 This announcement appears as a matter of record only. August 1992 I ii(L Keppel I m 4 Integrated I Engineering I Ltd (Incorporated in the Republic of Singapore) Invitation in respect of 75,000,000 ordinary shares of $0.50 each H comprising H 39,000,000 New Shares and 36,000,000 Existing Shares as follows:-
      292 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bargain hunters send stocks to higher close
      5357 21 Bernama BARGAIN-HUNTING, especially in the afternoon, following three sessions of sharp falls took share prices here to a steadier close yesterday. The KLSE Composite Index at the close added 3.77 points to 560.01. The Industrial Index was 6.28 points higher at 929.53. The
      Bernama  -  5,357 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      172 22 Cm*m> Date Ymr 6tm# N«t Net Mniiap Cms m« to prwfK/toM (L) pt star* +Mmd COOO) (c«rtt) Metalocfc Aug 12 Mar 92 $4.479($5,048) 18.7(21) 10(10) M Credit Aug 7 Mar 92 $15,285($14,284) 4 8(4 6) 6 25(5) Polytek Aug 5 Mar 92 $499l($15) 15TE(3TE) OW Ltd Aug 5
      172 words
    • Article
      PRELIMINARY RESULTS
      166 22 Ciipwy Date Yaar Grwp prt-lu Net Mrntegs Cmi mr to pram/toss (L) per Uar« tfhtoMd (•OM) (cMto) M Banking Aug 18 iun 92 M$559.992(*444.002 35(32) 20(18) Robwson Aug 17 Jun 92 $28,307($20,935) 41.9(30.2) 20(15) PCI Aug 15 Jun 92 $11,740($3.105) 6.1(2.3) 7(-) Choan Hup Ai« 14 Jun 92
      166 words
    • Article
      INTERIM RESULTS
      362 22 Cwpwy tote Half-year Creap pre-tax tutorial aaa to praflt/teu (L) ilvMwd ('•00) s H Negara Aug 18 Jun 92 $171 ($990) S«« In* Fin Aug 18 Jun 92 $2,588($3,244) ICS Au| 17 Jun 92 $4,150(57.245) 3(3) Marco Polo Aug 17 Jun 92 $3,228 ($3,559) 05(—) DBS Aug 15
      362 words
    • Article
      DIVIDENDS ANNOUNCED
      669 22 Corront Ex Books Data Total tor Total for payout data dose payaMa tko year last year NnlNpStc 6%(b) Aug 26 Sep 7 Sep 24 6% 6% tancd 25C 10% Ai« 21 Ai« 27 Sep 10 10% 10% tab Pac Id 50c 2%(b) M 23 Aug 6 Sep 1
      669 words
    • Article
      APPROVED ISSUES
      270 22 Company Rights Issue Gokfcn Hop* One-tor-sa MSI 50 per stare Ex-date Ai« 27 Books dose Sep 10 Acceptance Payment NYA OUT One-for-two $1.50 per stare Ei-date Aug 19 Books dose: Aug 29 Acceptance Payment: NYA Company Bonus Issue Anted One-tor three Ex-date Aug 21 Books dose Aig 27
      270 words
    • Article
      CORPORATE DEVELOPMENTS
      619 22 Aug 18 Singapore Aerospace's wholly-owned US subsidiary, Mobile Aerospace Engineering Inc, has clinched a US$lO million contract from Federal Express. A wholly-owned subsidiary of Proviuons Suppfiers Corp Ltd, Econfood Manufacturing (M) Sdn Bhd, has bought a factory in Johor for MJ2.5 million. Aug 17 Chuan top Hokfings has
      619 words
    • Article
      COMPANY MEETINGS
      169 22 Arab-Malaysan Francs Bhd: 29th AGM at Dewan Arab-Malaysian, 7th Floor, Bangunan Arab-Malaysian, 55 Jalan Raja Cbutan, ***** Kuala Lumpur, Malaysia, on Friday, August 21, at 11.00 am Metrojaya: 17th AGM at Balroom I, 10th Floor, The Crown Princess Hotel, In Tun Razak, ***** Kuala Lumpur, on Monday, August
      169 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      359 22 la local cwt In SS la USS dy yr S dy yr dy yr Awg 18 ladex chgt cfage chge chge dm chfc World 364.6 -0.8 -10.7 -1.0-10.7 -0.9 -10.1 *EAFE 409.5 -1.6 -18.4 -1.6 -17.6 -1.5 -17.1 Europe 390.8 -0.9 -5.0 -0.5 -1.8 -0.5
      359 words
  • Article, Illustration
    CHARTING SERVICE
    611 22 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    611 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shanghai A shares up, other stocks ease
      360 23 Reuter SHANGHAI A shares firmed yesterday but the rest of China shares softened, Hongkong brokers said. Credit Lyonnais Securities confirmed in its daily report that only one new A shares issue would be listed today against earlier fears that a lot more was
      Reuter  -  360 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices continue to fall in quiet trading
      923 23 Reuter SHARES fell again yesterday in relatively quiet trading with drops in several leading shares. The most active sector was banks. Brokers said that the support on expectations that foreigners would soon be able to buy the shares had largely evaporated. 811 fell
      Reuter  -  923 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Property counters lead shares higher
      1689 23 Reuter PROPERTY SHARES led gains in active trade yesterday as investors flocked to buy small-issue, speculative stocks, brokers said. The SET Index ended 7.89 points or 1.05 per cent higher to 757.72 on a high turnover of 11.04 billion baht. It was the laigest daily
      Reuter; Source: Bridge Info  -  1,689 words
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      Page 23 Advertisements Column 1
      50 23 I I I■l HL I I H 111 II I I I| I II I I Find out in 111 I HI I 111 I I| I I I I r Investment and Finance. 111 F I ■lIH I 1 I HII I I I A I Every Saturday in
      50 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close firmer on technical rebound
      2541 24 Reuter STOCKS closed firmer yesterday but off their day's highs. The 225-share Nikkei Average was up 341.33 points or 2.9 per cent to 14,650.74. But brokers said the rally was due to a technical rebound, not to a series of emergency measures announced by
      Reuter  -  2,541 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index tumbles on institutional sell-off
      2483 24 Reuter STOCKS slid yesterday on an afternoon sell-off by overseas institutions. The Hang Seng Index tumbled 54.72 points to 5,620.44 at the close on a wave of selling by European and US institutions led by blue chip counters Jardine Matheson and Cheung Kong. "Many overseas
      Reuter  -  2,483 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower in lethargic market
      2043 25 Reuter SHARES closed modestly lower yesterday, led down by weak bank stocks in a lethargic day's trade. "Falls on Westpac and ANZ led stocks lower," said Hambros Equities director John Bowie Wilson. "When the banks aren't performing, people get nervous." Westpac again slipped below
      Reuter  -  2,043 words
  • REGIONAL STOCK MARKETS
    • Taiwan shares fall to 19-month low
      • Article
        BOMBAY
        103 25 STOCKS surged yesterday following a report that the government may make the rupee fully convertible earlier than planned and brokers said the Bombay Index could rise to 3,036 today. The Economic Times newspaper reported the government was considering making the rupee convertible sooner than planned because of encouraging signs
        103 words
      • Article
        MANILA
        595 25 PROFIT-TAKERS swamped the mar- ket at the start of trade yesterday but buyers were quick to snap up shares at the close, indicating underlying strength. The Manila Stock Exchange Composite Index eased 6.34 points to close at 1,517.34. The market has risen steadily on optimism following a recent decision
        595 words
      • Article
        TAIPEI
        541 25 STOCKS fell yesterday as sentiment, already weak, was hurt by media reports quoting Tsai Wan-lin, head of the Cathay insurance and construction group, as saying he would visit China to explore investment opportunities. The Weighted Index closed 38.98 points or one per cent lower at a new 19-month low
        541 words
      • Article
        SEOUL
        852 25 THE STOCK MARKET climbed 14.14 points to 479.09 yesterday, anticipating the government's planned bail-out would kick in soon and helped by a late buying spree in Daewoo shares, brokers said. "The index rose on a technical rebound from recent sharp falls. Hopes for market revitalising steps also contributed to
        852 words
      • Article
        Untitled
        196 25 Cloae PitihM Am 19 NEW ZEALAND NZSE-40 Capital 1,498.17 1,501.22 -3.05 MANILA Composite Index 1,517 34 1,523.68 -6.34 Turnover (mil peso*) 306.36 470.5 -164.14 TAIPEI Weighted Price Index 3,733.93 3,772.91 -38.98 Turnover (NTS billion) 17.84 17.25 +0.59 SEOUL Composite Stock Index 479.09 464.95 +14.14 Turnover (billion won) unav 170.58 Natr
        196 words
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  • WORLD STOCK MARKETS
    • Small gains for US shares in quiet trading
      • Article, Illustration
        NEW YORK
        1348 26 STOCKS eked out mild gains in quiet trading on Tuesday as firm bond prices helped the market absorb the impact of the Tokyo market's plunge and disappointing news on housing starts. The Dow Jones Industrial Average, which fell 4.05 points on Monday, rebounded 4.59 points to 3,329.48. Among
        1,348 words
      • Article, Illustration
        LONDON
        726 26 SHARE PRICES closed down on Tuesday against a background of falls on Wall Street and in Tokyo and on technical factors, dealers said. Continuing gloomy news on the economy also depressed the market, which was unimpressed by public sector borrowing figures, in line with expectations, showing that the British
        726 words
      • Article
        FRANKFURT
        507 26 SHARES more than wiped out two hesitant days of gains with a 1.4 per cent fail on Tuesday, dashing market hopes that prices had found a floor and renewing fears of a further slide to new 1992 lows. Poor first-half results for engineering group Mannesmann dealt an unexpected blow
        507 words
      • Article
        AMSTERDAM
        201 26 SHARES closed sharply weaker on Tuesday, with operators in the options exchange unloading baskets of stock in an otherwise empty market while foreign markets weakened and the US dollar dipped. "Tlie market remains a playground for the options exchange with the expiry (of August contracts) on Friday," one dealer
        201 words
      • Article
        MILAN
        203 26 SHARES closed broadly lower in extremely thin volume, which brokers estimated at under 50 billion lire. "No-one is putting out any orders. Prices that are quoted under these conditions don't have any significance," one broker said. Overnight falls in Japan and the weakening of European stock markets on Tuesday
        203 words
      • Article
        ZURICH
        233 26 SHARES regained some ground lost in the morning but still ended lower in slack trading on Tuesday. Plunging Tokyo share prices and subsequent falls on European bourses, notably in Frankfurt, pulled Swiss share prices down, dealers said. The SPI All-Share Index fell 10.5 points, or 0.93 per cent, to
        233 words
      • Article
        STOCKHOLM
        138 26 SHARES continued to slide on Tuesday and closed lower in moderate turnover. Weak foreign markets and high interest rates depressed prices, dealers said. They did not see an imminent change to the better. "You sit down and wait and you don't do anything as long as the interest rates
        138 words
      • Article
        BRUSSELS
        280 26 SHARES closed marginally lower on Tuesday after late bargain-hunting in some of the stocks hit hardest recently wiped out most of the day's losses. Traders said they were surprised that renewed weakness in oil major Petnjfina and bearish sentiment on other European markets following a more thaii 4 per
        280 words
      • Article
        TORONTO
        288 26 STOCKS settled back to mixed levels at the close on Tuesday as players remained sidelined ahead of further political developments, dealers said. Both the Republican Convention in the US and talks on the Constitution in Canada are being watched closely. "It's very scary when it gets this quiet because
        288 words
      • Article
        Untitled
        425 26 Aug 18 (lotf Prrrious MEW YORK Dow Jones 3,329 48 3,324.89 +4.59 SAP 500 421.34 420.74 +0.60 Turnover (million) 171.75 152.83 +18.92 LOHOOH Financial Times 30 1,752.8 1.766.2 -13.4 FTSE 100 2,354.7 2,376.1 -21.4 Turnover (million) 359.1 312.5 +46.6 FRANKFURT DAX Index 1,533.22 1.555.42 -22.20 AMSTERDAM EOE Index 282.24 285.95
        425 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends higher in Tokyo amid choppy mark/yen trading
      1203 27 REPORTS AStA TOKYO: The US dollar ended higher in Tokyo yesterday. Choppy mark/yen trading guided the dollar's direction throughout the Asian trading day, dealers said. Large-lot mark buying for yen in 1 early trade turned to profit-taking in the afternoon
      1,203 words
    • Article
      INTERBANK FOREX RATES
      386 27 Cross rates Aut 9 Din. US SS MS Dm Yen SFr AS NZS !k7- USJ 1 6100 2.5000 1.4570 126.40 0.5184 1.3070 1.3793 1.8519 SS 0.6211 1.5528 0.9050 78.5093 0.3220 0.8118 0.8567 1.1502 MS 0.4000 0.64 0.5828 50.5600 0.2074 0.5228 0.5517 0.7407 Dm 0.6863 1.1050 1.7159 86.75
      386 words
    • Article
      MONEY MARKET
      526 27 Interbank rates Bid Offer Overnight 3 7/8 4 1-month 2 5/16 2 7/16 2-month 2 3/8 2 1/2 3-month 2 7/16 2 9/16 mode: 3-1/4 tlS$ Bid Offer 7 days 3 5/16 3 7/16 1 month 3 *16 3 7/16 r 2 months 3 3/8 3 1/2 <m
      526 words
    • Article
      Lock icon Nafta nations unlikely to peg their currencies
      374 27 Reuter MEXICO CITY Canada, Mexico and the United States are unlikely to take the North American free trade accord a step further by pegging their currencies in the near future, economists say. Canada, whose central bank has been dubbed "the Bundesbank of the
      Reuter  -  374 words
    • Article
      FINANCIAL FUTURES
      1581 27 SjjjEX EUROOOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.67 2500 3374 ***** Dec 92 96.47 96.48 96.45 96.45 9200 7741 ***** Mar 93 96.46 96.48 96.44 96.45 8500 4394 ***** Jun 93 96.19 96.20 96.17 96.18 3400 2660 4819 Sep 93 95.81 95.81 95.78
      1,581 words
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  • COMMODITIES
    • Article
      Lock icon Indonesian rubber output may rise slightly this year
      342 28 Reuter JAKARTA Indonesia is expected to increase rubber production this year but high domestic interest rates and sluggish world prices could continue to depress the industry, say industry officials. "We think there will be an increase in production, but it might not
      Reuter  -  342 words
    • Article
      Lock icon Germany fears new EC rules will close down coal industry
      276 28 Reuter BONN Germany, producer of some of the world's most expensive coal, fears new European Community rules on subsidies could force the complete closure of its mines early next century. The European Commission, the EC's executive arm, is preparing regulations
      Reuter  -  276 words
    • Article
      KL tin loses 21 sen on higher offerings
      759 28 REPORTS THE tin price on the Kuala Lumpur Tin Market declined 21 sen to close at MS 16.61 a kg on higher offerings yesterday. Dealers said sellers dominated trading after a sharp rise on Tuesday. Turnover rose to 91 tonnes as against
      759 words
  • Article
    PRICES
    1498 28 Rubber HAS Commodity Exchanga (Mures rioitwg as at 1pm) RSS 1 Contract (S cents/kg) Gose Volume Open Month High Low Sett (tonnes) Interest Sep 92 140.50 140.25 140.00 550 1^50 Oct 139.50 139.00 139.00 350 4,050 Nov 139.25 139.00 138.50 400 3,325 Dec 139.25 139.00 138.50 150 3,725 Jan/Mar
    1,498 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      601 28 BUSINESS TIMES Toll free Tel No 737 0Q43 'Fax No: 734 3698 LOST SHARE CERTIFICATES The following Share Certificates/*together with the relevant signed transfer deeds have been reported lost or destroyed FOCAL FINANCE LIMITED Cftftcite No. In the name of No. of Shares *****27 Chew Kim Soon 1 x 1000
      601 words
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      Page 28 Advertisements Column 2
      55 28 Your son is studying overseas. And you want him close to home with news from home. You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. You travel often on business and want to catch up on your return. The week's main Issues
      55 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1205 29 Cit> Fl '8 ht ET ETD Ctty Flight ETA Flight ETD Abu Dhabi GA893 1315 Kota Kinabalu MH631 1520 MH630 0950 Adelaide QF5 1955 Kuala Lumpur MH601 0120 MH602 0700 SQ228 2050 MH640 0805 SO 102 0730 Amman I Rjl83 Otra MH630 0855 MH604 0740 SQ103
    1,205 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Sweating to stay cool in the heat
      738 29  -  POSTCARD FROM MIAMI By Vernon Silver IT s August, with sticky days and steamy nights, and the city is packed. It should be ofT-season at the newly renovated bars and hotels, but the party forgot to end. Riding a wave of publicity, the
      738 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As aft 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1616 1.1775 Canadian dollar 1.3306 1.3575 NZ dollar 0.8592 0.8765 Sterling pound 3.0916 3.1335 US dollar 1.6060 1.6120 Local dollars to 100 units of foreign currency Austrian schilling 15.54
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      22 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel SeplM2 asssi Pir rri l2 w lu,y sr™* sr
      22 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      45 29 It's amazing the lengths Finnair goes to For just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe from Mart to Famish.
      45 words
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      Page 29 Advertisements Column 2
      6 29 Innovation Technology in BT every Tuesday
      6 words
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      Page 29 Advertisements Column 3
      59 29 business times Toll free Tel No 737 0043 Fax No: 734 3688 I You'll get a clean job done when you I call in the experts I found at classl- fication <p o I 138. C.A.T.S. 1717-11** I Reach TOP TALENT at the Highest Level BUSINESS 11 ME S Toll
      59 words
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      Page 29 Advertisements Column 4
      244 29 PARKWAY HOLDINGS LIMITED 5530,000,000 Unsecured Notes known as "Guaranteed Floating Rate Notes Due 1993" In accordance with the provisions of the Notes, notice is hereby given that for the period 20 August 1992 to 20 November 1992, the Notes will carry a rate of interest of 2.8125% per annum with
      244 words
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      Page 29 Advertisements Column 5
      141 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER N AND IN TIIE MATTER OF PULAU SERIRU PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN purauK to Section 308 of the Cunpum Act, Cap. 50 that the Final Meeting of the me mbcrs of the
      141 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      167 29 23 Motorway 25 Viewpoint about last Gaelic couple —in English (7) 26 Means to get 16 on the 7 Wh ?t makes Ribston YESTERDAY S SOLUTION canvas? (7-5) P^ 7 5 7 > DOWN 10 N ot a single cruet trinket |r[e|o{r|c[s]sMb{o|i.|oPMc| 1 Coats for seal-men made b r °k
      167 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      163 29 Singapore Outlook: Showers over several areas in the morning. Report Maximum temperature 30.5 Assoc humidity 74% Minimum temperature 23.3 Assoc humidity 93% Hours of sunshine 6.05 Rainfall in mm 7.1 Rainfall this month 62.5 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cood. Auckland 14/08 Cloudy Bangkok 33/25 Cloudy
      163 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      28 29 Picking op my Poi is fp\st SO FfKT PvND OUT or CONDITION) E>£.OOI v mMG Pv HeROULePvM t cptN'T DO JOB PROpeßuy TP\S< _8743 lto. IWI IH .0.
      28 words
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  • Article, Illustration
    Lock icon Bush vows Cabinet purge if he is re-elected
    521 30 Treasury Secretary and Budget Director said to be on hit list WgEWfirpi!^ Reuter, AP HOUSTON George Bush, desperately searching to revive his presidency, set the stage for his renomination as the "President of Change" yesterday by promising a Cabinet purge if he
    Reuter,; AP  -  521 words
  • Article
    Lock icon US trade deficit down 7.7pc in June
    272 30 Reuter WASHINGTON A surge in overseas sales of civilian aircraft pushed the US trade deficit down by 7.7 per cent in June, the Commerce Department said yesterday. The U556.59 billion (S$ 10.6 billion) deficit was below economists' expectations of a US$7 billion shortfall
    Reuter  -  272 words
  • Article
    Lock icon US, UK and France to shoot down Iraqi planes in no-fly zone
    297 30 NYT, AP WASHINGTON The Bush administration, stepping up its confrontation with Iraqi leader Saddam Hussein, won British and French agreement on Tuesday for a plan to shoot down Iraqi military planes if they venture into a wide zone
    NYT,; AP  -  297 words
  • Article
    Lock icon Taiwan warns tycoon not to invest in China
    277 30 AFP, Reuter. TAIPEI The Taiwanese government, worried by rising outflows of capital to China, warned the island's wealthiest man yesterday not to invest there. Tsai Wan-lin, head of the giant Cathay insurance and construction group, told reporters on Tuesday he would visit
    AFP,; Reuter.  -  277 words
  • Article
    Lock icon Seoul and Beijing to establish ties: Taipei
    188 30 Reuter, AFP TAIPEI Taiwan's legislators were told here yesterday that South Korea has switched diplomatic allegiance and agreed to recognise China. The Foreign Ministry summoned MPs to a special meeting at the ministry's offices to tell them Taiwan would soon lose its only
    Reuter,; AFP  -  188 words
  • Article, Illustration
    Welfare is the problem, not the answer
    928 30  -  The Bottom Line KEVIN CLARKE KEVIN CLARKE The writer is a BT copy editor MUCH has been said in recent days about welfarism. And whether Singapore can afford or should embrace this philosophy. In his National Day Rally speech on Sunday, Prime Minister
    928 words
  • Article
    Lock icon Afghan govt troops launch massive offensive
    268 30 AFP KABUL Government troops launched a massive offensive early yesterday against renegade mujahideen who have been besieging the Afghan capital for the last two weeks, witnesses said. The offensive was spearheaded by mujahideen troops of the Jamiat-i-Islami faction under the personal command of Defence
    AFP  -  268 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      145 30 Nikon The World's Finest Photographic System Now you can sing your heart out at our sleek BVf Karaoke Pub and enjoy your own renditions of IM Vljl [f, hot hits. Sharing the limelight is Sue Parry, Australia's golden girl of the r Wildcats' fame. Watch her sizzle, belting out top
      145 words
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      Page 30 Advertisements Column 2
      34 30 Nikon The World's Finest Photographic System MEDICAL SUITES Available For Lease Right in the heart of ORCHARD ROAD New commercial building From 1,000 sq ft upwards Close to Orchard MRT station Outside Restricted Zone
      34 words
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  • Shipping Times
    • Article
      Feeder operators in Asean to levy terminal charge
      449 31  -  By Dexter Lee SINGAPORE In an unprecedented move, feeder operators plying South-east Asian waters have banded together to introduce a terminal handling charge (THC) on containers passing through Asean ports. From Sep 1,13 feeder operators will charge their customers an extra $85
      449 words
    • Article
      Lock icon Chevron rejects plan to ship oil to LA
      334 31 AP LOS ANGELES Chevron Corp on Tuesday rejected a plan to allow the company to ship oil from offshore platforms to Los Angeles while it builds an environmentally safer pipeline. Michael Marcy, a spokesman for Chevron and its partners in the US$2.5
      AP  -  334 words
    • Article
      Lock icon Depressed Asian oil drilling market keeps rig rates down
      500 31 Reuter SINGAPORE An armada of idle drilling rigs lies slowly fighting rust off Singapore, about 30 minutes drive from Rene Huck's East Coast office but never far from his mind. Some of the 20 drillships, semi-submersible and jack-up rigs have been
      Reuter  -  500 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      891 31 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 AJpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo
      891 words
    • Article, Illustration
      Shippers' council urges conferences to meet for talks
      367 31  -  By Amir Khalil SINGAPORE Concerned by the recent rate increases affecting shippers Singapore National Shippers' Council (SNSC) chairman, Sia Yong, has called on shipping conferences to meet for a meaningful dialogue. Writing in the latest issue of Shippers' Time, a publication of
      367 words
    • Article
      Lock icon Liner was going too fast, say marine specialists
      384 31 Inquiry on QE2 accident AP BOSTON The Queen Elizabeth 2 was going too fast through a channel when it hit bottom, two marine specialists were quoted as saying. The 280 m luxury liner had speeded up to 24.5 knots (28 kmh) before
      AP  -  384 words
    • LOG BOOK
      • Article
        OCCL provides on-line shipping information
        75 32 HONGKONG Orient Overseas Container Line (HK) Ltd has started an automated telephone answering and voice response system. Operational since June, the system, called OCCL Express, provides instant on-line shipping information to facilitate shipping activities in the port. OCCL Express is available round the clock and
        75 words
      • Article
        Cruise ship damaged
        115 32 NEW YORK Regency Cruises Inc said its ship the Regent Sun sustained damage to its electrical plant, due to a rupture of a water pipe in the engine room while in Newport, RJiode Island on Monday. The company said the Sunday cruise from Montreal to New York
        115 words
      • Article
        Fire breaks out in EgyptAir jet
        102 32 BEIRUT, Lebanon A fire broke out aboard an Egypt Air jetliner on Tuesday a few minutes after it landed at Beirut International Airport, airport officials said. No injuries were reported among the eight crew members or the 73 passengers, who were disembarking from the
        102 words
      • Article
        Bulker damaged by heavy seas
        61 32 LONDON Hongkong bulk carrier Pisces Planter, 35,310 dwt, was holed and dented on bottom beside Enapu dock at Ho, Peru, on Monday because of heavy seas, Lloyd's Shipping Intelligence service reported. The vessel has been inspected by a diver and is now anchored in roads
        61 words
      • Article
        13 convicted in stolen car ring
        97 32 NEW YORK The last of 13 people arrested in connection with a scheme to ship stolen luxury cars from the United States to West Africa have pleaded guilty, the US attorney's office announced on Tuesday. The ring was uncovered when one member offered a
        97 words
      • Article
        Firm to return US$950,000
        81 32 WASHINGTON Federal Express will pay the United States U*****,000 (551.53 million) to settle charges that it charged the government for services never provided, the Justice Department said. The lawsuit was brought against Federal Express by a private citizen who will share a part of the settlement
        81 words
    • Article
      DAILY FREIGHTS
      283 32 A SLOW day in the dry cargo freight market saw a minimum of fixtures concluded after a burst of renewed confidence and higher freights on Monday, brokers said on Tuesday. However, the Baltic Freight Index continued its recovery, rising five points to 1,075. It showed higher Panamax single
      283 words
    • Article, Illustration
      Lock icon Saudia strives despite constraints
      989 32  -  The national carrier of Saudi Arabia is an airline of contradictions, says Douglas Nelms Douglas Nelms Air Transport World BY MOST definitions, Saudi Arabian Airlines, or Saudia, is successful. It managed to overcome a serious drop in traffic during the first quarter of 1991, which gave
      Air Transport World  -  989 words
    • Article
      COCKETT BUNKER MARKET REPORT
      950 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
      950 words
    • Article
      THE SHIPPING GUIDE
      8218 40 This is a list of ships loading I 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
      8,218 words
    • Article
      SHIPPING AGENTS
      3286 45 A ■L a.B( ontainerline NV: Bclsin Shpg Agencies lie Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Vccord Croup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsouree Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Vlbatros Sea-Air Service: Frata Shpg Pte
      3,286 words
    • Article
      COURIER SERVICES
      260 45 Abacus Couriers Tel: 545-8011 Fax: *****98. Air Express I rut el Td: 533-5771. Fa*: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16 *****80 Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. Cit)-Unk International Tel: 344-3377. Fax: *****50. Cluster link Supplies
      260 words
    • Article
      AIR FORWARDERS
      1473 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,473 words
    • Article
      PORT CONDITIONS
      3686 46 ALBANIA Durres: Seven vessels in port of which 1 discharging oil and rice, 1 oil ,1 soap, I glass, I vehicles, 1 loading water-melons, 1 chrome ore; 1 vessel in roads to discharge wheat. ARGENTINA Labour working normally. Buenos Aires: Congestion has increased since last week; there are
      3,686 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      728 46 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Continental Reliance: 65,224 dwt and built June 1983 Hyundai, on best outright offers. Aegean Dolphin: 64,583 dwt and built July 1983 (HI; inspectable Chiba promptly, on offer in the region of USS 16m.
      The information was contributed by Simpson Spence & Young  -  728 words
    • Article
      AIR FREIGHT SCHEDULE
      553 46 ARRIVALS DEPARTURES Op High! Type ETA T From Op Might Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      324 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nine of Vessel ETA ETD Ports of C alk Port Agent Telephone No AUGUST 21 21 Orient Venus 0600 2100 World Cruise Inchecape Shpg Svs 222-4411 21 21 Royal Pacific 1300 1930 Cruise to Nowhere Ocean Trade Chartering 299-0366 22 22 Fantasy World
      324 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        449 47 »>» P«P»to« 1 VnHi Voy No Beth Amvi J*wrti« Marina Terminal 1 Brahms IE S02 2008/1400 2408/1500 Batam Baru B172 M04 alongside 1908/2300 Cleveland *****2 S07 1908/0800 2008/0730 Batam Maui *****2 M04 alongside 2008/0500 Dairyu Maru 21 S01 2008/1500 2108/0700 Batamindo 2 2032S M02 alongside 1908/1900 Euplecta
        449 words
      • Article
        IN MALAYSIAN PORTS
        298 47 Johore Port Berth: 1: nil; 2: KirensK. 3: Sun Joy, Hua Xia; 4: Cosmic Pioneer; 5: Tradewill, 6: Pernas Proton, Barge Josindo Satu. 01 jetty: Championventure L. DC): Ruby, Kyokuei Maru No 2. Due on Aug 19: Cerlang, Ncc Yamamah, Silver Pride, Sri Nam Hua IK. Geniki,
        298 words
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        CONTAINER SCHEDULE
        1474 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS ♦•VjNp Voy No Contaron ivabtt* Sip »oy W» (Mmm tnUbk Ameocan Sen WF237 18.08.92 0700 Mecklenburg EM225 COO(EST) 1908.92 0700 w Cardigan B 0470 18.08.92 0710 Wana Bhun 153N COD(EST) *****2 0700 Tanto Capita 909 18.08.92 0725 Nor Pearl 9224-3 COO(EST)
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      762 48 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. I he event will take t>lace at Selwyn 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:
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      Lock icon Canada's 2 main airlines struggle for survival
      618 50 Air Canada hopes deal with United will lead to better times AP TORONTO Canada's two major airlines, neither of them able to make money or find a rich partner, are struggling for survival in a dog-eat-dog industry that may soon have them both
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      Lock icon SAS group bounces back with $152m profit
      291 50 AFP STOCKHOLM The Scandinavian SAS group reported an interim pre-tax profit of 502 million Swedish kroner (Ssls2 million) on Tuesday compared to a loss of 1.025 billion kroner in the same period of last year. Sales rose by about 5 per cent to
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      Lock icon St Petersburg sues air traffic controllers
      335 50 AP SI PETERSBURG, Russia City prosecutors filed a lawsuit on Tuesday against air traffic controllers whose 12-hour strike last week stranded 6,000 people in Russia's second largest city, news reports said. The nationwide strike last Saturday was felt most strongly at St Petersburg's Pulkovo
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      Lock icon Unions differ on offer to help troubled Lufthansa
      456 50 AP FRANKFURT Lufthansa pilots have offered to take a pay eut and work more hours to help the Financially troubled German national airline. But the airline said on Tuesday it would not respond to the offer until official wage negotiations begin later
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      Lock icon Continental gets extension to file reorganisation plan
      327 50 AP WILMINGTON. Delaware Continental Airlines convinced a federal bankruptcy judge on Tuesday to extend, for the sixth time, its exclusive right to file a reorganisation plan. However, the judge indicated she was becoming impatient with the proceedings. US Bankruptcy Court Judge Helen Balick
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      Lock icon BT planning global network: report
      173 50 NYT NEW YORK BT. the British telecommunications giant, is reportedly planning a global telephone network that will cost more than US$l billion (551.61 billion) and take 10 years to build. The reported network would ofler voice, video and data services in at least 20 cities
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      Lock icon Banks agree to new loan for Chrysler
      507 50 US car maker's credit ratings expected to improve NYT DETROIT The Chrysler Corp removed a big uncertainty from its balance sheet late on Monday night when the last of IS2 banks agreed to terms for a new US$6.B billion (5510.9 billion) loan agreement
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      13 31 Llms ami fvric— rtprMUtid Svgjsaasas?^ For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      627 31 the FAMOUS i aummk/ '■■j mn oKjimt 224 1833 For more information please refer to Pg. 13 Saudia strives despite constraints, Pg 2 Canada's major airlines struggle for survival, Pg 20 5111 SINGAPORE INTERNATIONAL bunkering conference 10-11 September 1992 SIBCON'92 Raffles City Convention Centre Singapore I MM sthe world's premier
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      52 31 Air Forwarders 15 Air Froght Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry SchedtJes 16 Daily Fmghts 2 Indes 1 Port Conditions 16 Shppng Agents 15 Shaping Gude 10.11 Shpsates/Tanher Rates 16 Shjis in Port 17 Singapore Tries 17 Transport Diary 18 Weather and Sea
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      53 32 "fte Becufeve Housekeeper -this hotel J O \m, I wafe >s me. Bub I'll never neglect 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 MINGGU
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      2944 33 oocl (S) pte ltd jardine shipping agencies *****11 *****09 \kMWMV BOOKINGS TEL: *****34 *****58 *****111 TERMINAL 'CFS TEL: *****18 220 P DQQQ9 H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. I. A PORT KELANG TEL: *****18 FAX *****91 *****88 rt i PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to
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      Page 33 Advertisements Column 2
      1517 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT |Di9g Ilk 1 UNITED ARAB SHIPPING (SAG)\ //J VSI/VOY SM NYC I BAL I ORF I SAV *uwi v 21/ M M/W X/M mm UMtl *0U *1 K/W H/M (7/1* M II M/M
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      Page 33 Advertisements Column 3
      1470 33 ■eaiHwii NEXT SAILING TO MIDDLE EAST OCEAN BLESSING 125W ETA SIN 21/8/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Laarort/Aries This week Maqteb, Maersk 9208 BIIM JJBf.!WWTCTSIIII—ILI I WWW— 25/8 0800 HRS CFS 24/8 2359 MRS JOH LPK PEN OAK LGB HOU MEM ATL MIA CHS BAI PHL NYC MON
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      1409 34 roam/ rmmrrrm VOY NO S PORE JEDDAH SHAMTON H'BURG ANT LE HARVE MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 I. JUL WESTBOUND DRESDEN EXPRESS 06/333 23/8 9/9 11/9 14/9 15/9 POM KEUMB A POMNB KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 CMCO TO UK/CGNTMNT KAGA 25/334 30/8 16/9 18/9
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      456 34 I EXPRESS TO PAPUA NEW GUINEA "~l [•pom] ALAM TALANO V2S In PI POM/HON/NORO/RAB KM/LAC/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 SPORE m LOAWNC FOR FLAMBOYANT VS7W 21 09
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      Page 34 Advertisements Column 3
      1518 34 Blmiftnft fttn REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FEL LHA I JAPAN SEA 225 V* 24/08 15/09 16/09 18/09 19/09 20/09 21/09 22/09 23/09 CWNA SEA 226* 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/09 30/09 NORASIA Al MUNTAZAH 9227-3 06/09 29/09 30/09
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      2418 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCtPTS DUE SAIS CARGO B *0* STRAITS STAR Vl2t Muara Lab. KK 22 24 Au| 25 Am 26 Au MARION V 018S/019M 23 24 AUG 26 27 AUG 06t Ljt) 2* A«l
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      Page 35 Advertisements Column 2
      2669 35 SINGAPORE AGENT: I*XjC\ I AfltoiriArC P&O Containers (Singapore Agencies) Pte Ltd ■r JL tXV/ VjUllldlllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number: **********0Z EXPORT IMPORT VESSEL VOV FSio SM ALG SOU ANT HOT
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      632 36 na CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Wl/VOt SPOtt ROAM ADAM H3URG BREMEN ANT MRP S«WUATA, 35M8 17/9 20/10 26/10 30/10 4/11 KUTM/ 2CNB 6/10 9/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sutopct to Inducwrwnl. Also accepting cargo to Casablanca, Port Said, Port Alexandria.
      632 words
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      Page 36 Advertisements Column 2
      1516 36 0 HANJIN SHIPPING] TOR Wl SM IM HAU. IGB OAK FOR VSL SM IIK HAUL SAV IM NYC HANJM FELIXSTOWE OI4E 23/8 OMICI 13/9 16/9 HAMN KNANGTANG 0921 24/8 H KEELUNG 03* 1/10 2/10 4/10 HANJIN HAMBURG OUE 30 8 OMECT 20/9 23/9 HANJIN KUNSAN 07* 31 8 M EUROPE
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      Page 36 Advertisements Column 3
      1259 36 i m i« )M nc u mi oa K( an tro la* cw bai mc iw mi u w i« m caw I 6ENIII K 045 29/0 20/0 31/1 2/» 4/9 7/9 0/9 10/9 11/9 12/9 14/9 29/9 7/10 9/19 10/10 20/10 21/10 22/10 23/10 20/10 3/1111/11 17/11 11/11 t
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      Page 37 Advertisements Column 1
      1491 37 f 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 Mm mm mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 ■Mb UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/india/pak service NEPLINE SDN BHD MALAYSIA
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      Page 37 Advertisements Column 2
      564 37 P Mil/lilMJ) ,n YOUR RELIABLE FREIGHT FORWARDER BS HII CUSTOMER SERVICE: 222 07t7 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
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      Page 37 Advertisements Column 3
      1157 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 EASTBOUN)—PISCHARGWC WESTBOUWD-LOAOWG TRANSHPPED VIA ROTTPtPAM T —c sn m
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      Page 38 Advertisements Column 1
      1650 38 KX AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD P **********0 M) W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 m 4 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JL MmJt JL X MmJ TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. ■■■H KAWASAKI KISEN KAISHA, LTD Indonesia: p.t.
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      Page 38 Advertisements Column 2
      1028 38 P PHIU OHKNT UNfS m LTD 4-| SgSSSSSSSKSSSSSsa—BY AIR, LAND OR SEA.... jfcSt- WE TAKE ON THE WORLD FOR YOU Mlfr MEMBEROFSINGAPORE FREIGHT FORWARDERS ASSOCIATVO^^^^ rfSSSSS^W^YMOOTH.NAP.ER.CHR.STCHURCH 27 AUG SUVA. NOUMEA. PAPEETA. APIA. L 3 38 «®£KaS3SKM2R ANTAFAGESTA. GUAIQUILA. BENUEBENTURA Barest and all europe inland destinations 24 AUG GENOA. MARSEILLE. BARCELONA.
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      Page 39 Advertisements Column 1
      2061 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E Jakarta I Bangkok VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EQUATOR HAWK 57N 23/8 26/8 30/8 ESTEBRUGGE 23N 22/8 2S/8 28/8 KOTA INDAH 341 23/8 *8 30 8 EQUATOR
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      Page 39 Advertisements Column 2
      875 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUOANG PENANG P KELANG OCEAN VSL/VOY SOU (1) RTM (2) HAM (3) GOT (4) E 21/8 22/8 JUTLANQA 2332 25/8 TT/9 13/9 14/9 16/9 E 28/8 28/8 29/8 SELANOtA 2342 1/9 18/9 20/9 21/9 23/9 D _4/9 4/9 5/9 BENALDER 2352
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      Page 39 Advertisements Column 3
      231 39 NIGERIAN NATIONAL 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° TRANSPORTATION Wm MYANMA Wmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kit Pen P.Gdt AVA VII6W
      231 words
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      Page 42 Advertisements Column 1
      2871 42 Full Container Liner Services Maia,«*'s Agents: Indonesia's Agents: Cuan Cum Shipping Sdn Bhd Chung Ctuao Shipping Sdn Bhd P. T. Global Putra Indonesia Maritime General Agents: Booking Agents: unman Ha? Mud* Mus* 79 a laian ko»i h, m jimh juandaH/i4 Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd
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      Page 42 Advertisements Column 2
      265 42 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 T*lm: R*****0 T«l: *****81-3 Fax: 22S 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SIN/JAK SERVICE VESSEL VOY SIN JAK PRELUDE 914 22/08 (SAT) 25/08 (TUE) PELOPOR 1042 22/08 (SAT) 25/08 (TUE) LAWANTI 974 25/08 (TUE)
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      Page 43 Advertisements Column 1
      619 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/8 ROTTERDAM 26/8 HAIFA/ASHOOD/ALEX ANORIA 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 4/9 NEW YORK/EC 26/8 FREMANTLE/ADELAIDE 23/8 VANCOUVER
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      Page 43 Advertisements Column 2
      778 43 [33 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) =L FAX: *****15/*****03 |FH| TELEX: RS ***** RISHIP (3 Lines) \sL\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA ILOADING FOR SPORE ABYOT ?9WB 03/09 OARESSALAAM MOMBASA DJSOUTI ASSAB MASSAWA ANOtNE r 28WB
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      Page 43 Advertisements Column 3
      403 43 JAKARTA BANGKOK WMtL m w iWMa Iwy I murm wwa. 1 "OMA BKI 40S 22/04 25/01 Mg BHUM MM Fri 21/04 Mon 24/04 WAHABWW 155S N/04 29/04 KAMA BHUM 103H M 22/01 Wted 24/01 gg N/04 01/09 WYA BHUM*# 247N Mon 24/0« Thu 27/04 WANA BMW IMS 02/09 05/09 WM
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      Page 43 Advertisements Column 4
      333 43 I tapa iKER-unt VBL VOY SMGAPORE MADRAS SMGAPORE ssa vot sm maa s» tserstar 2W an 2729/* 03-04/09 thji speed 21RN 23-24/04 3»3i/o« 0708/09 tea am jok 29-30/04 0547/09 1213/09 nra mds 21M 31-01/09 07-09/09 i«-is/n VBL VOY SOOGAPORE/CALCVTTA/SOKJAPORE USSB VOT SM CM. SM LHOIS 427 22-23/ M 2942/09 04-09/W
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      Page 44 Advertisements Column 1
      1667 44 PJkIMAC-NELS GROUPAGE I N~/ IPENANG (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 W V 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 23/8 24/8 25/8 Hong Kong Ldn/Fl*/Rdm/Ant 27/8 28/8 29/8 26/8 27/8 28/8 Honf Kong Gburg/Chagen/Sholm/Oslo 23/8
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      Page 44 Advertisements Column 2
      299 44 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML IYT SIN AUST STAR 0526 26/8 7/5 9/9 26/9 PROSPECT 20S 6/9 18/9 20/9 6/10 HI STAR 052S 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,
      299 words
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      Page 44 Advertisements Column 3
      1087 44 f THONG SOON UNES PTE. LTD.) Mi 77 ROWNSON ROAD #15-00, #16-00 SIA BUI DING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I 66NVfewti6NAL/66MtAIMeft I 66HTAfft WftVtCll I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |VOT Is-PORE IIEST VESSU
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      Page 47 Advertisements Column 1
      87 47 FOR SUCCESSFUL MANAGEMENT OF YOURijjfINESS 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 at successful
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      436 47 TIDES AND WEATHER mmmmrnmmmmmmmmmmt mi* hum TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO **********00 **********00 ***************0 1900 2000 2100 2200 2300 JR 15 21 24 24 13 19 14 10 07 07 08 1.1 16 2.2 2.6 2.7 2.5 21 1.7 1.2 09
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      Page 48 Advertisements Column 1
      540 48 j WSk HAN 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 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION
      540 words
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      Page 48 Advertisements Column 2
      527 48 ±cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 28/ OS Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN IS/08 20/08 Huangpu/Guangjtiou 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
      527 words
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      Page 48 Advertisements Column 3
      446 48 J LCL I Consolidation RRRSRf in Te/: 227 4788~~/^"-,' ■W Fax: *****83( W/tmk g«l SKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHNVO Johore Baru Tel: 07-*****8 Fax: 07-*****2 Port Klang Tel: 03-*****33 Fax: 03-*****81 I. Port Klang Penang
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      Page 49 Advertisements Column 1
      727 49 4 HYUNDAI I MERCHANT HIABINE CO. LTD. ASIA/EUROPE EXPRESS (AEX) CONTAINER SERVICE MAIDEN VOYAGE HYUNDAI EXPLORER V3OIW CALLING SINGAPORE 30 AUG 92 ETA/ROTTERDAM 18 SEP 92 ETA/HAMBURG 19 SEP 92 ETA/FELIXSTOWE 22 SEP 92 TEL: FAX TLX TEL: FAX TLX KUALA LUMPUR 03-*****00 03-2U9652 MA ***** PASM GUDANG 07 *****1
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      Page 49 Advertisements Column 2
      486 49 wjjMimLmtrmKßßrtsmvmi STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VfSttL MY V PI MC II COSA9C NMEI M ft» PT 01 IkK( OCEAN IN MIMA II 21/* 23/1 HI 21/1 UU KLIN M 11/ I SOMA] It 2/1 4/1 SMU N 2 U/* IS/I 11/ l cosac
      486 words
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      Page 49 Advertisements Column 3
      1144 49 our SERVICE CALLS SINGAPORE <~~ N, «*>hwi 1U OH «t w cu n in m 7—.. DIRECT EVERY ommmoqi rm turn aukawi moka ma 2» m-»/m n/w ia/m ia/m ia/m ia/m u/m ii/w a/w WEDNESDAY M *mi ai m ausaioa MClfln v qj/« 21/H 21/ m ii/m 21/ m 21/
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