The Business Times, 7 September 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, September 7, 1992 75*
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  • NEWS SUMMARY
    • 73 1 TOKYO China plans to build an integrated steelworks with annual output of some 10 million tonnes on its southern coast, it was reported here yesterday. The project is part of China's plan to boost its annual steel output to 100 million to
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    • 78 1 LONDON The Bank of England said it had received no complaint about insider dealing among banks involved in last week's £7.2 billion (5522.8 billion) Treasuj7 loan, and had launched no inquiry. A report in the Independent on Sunday newspaper said some foreign
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    • 30 1 MANUFACTURERS and traders in Singapore are bracing themselves for tighter controls on and eventual phaseout of two more chemicals which eat up the earth's ozone shield Page 2
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    • 27 1 SARAWAK has sought the help of Jurong Town Corporation (JTC) to expand the Kuching port and to develop an industrial park. Page 2
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    • 39 1 BRITAIN and China are likely to break a deadlock over financing a mammoth new airport project for Hongkong in talks which will resume this week, says the chairman of the Hongkong and Shanghai Banking Corp Page 7
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    • 31 1 VIETNAM has repeated demands that China stop exploring for oil in what Hanoi claims as its territorial waters and says Beijing's actions could threaten regional security Page 8
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    • 37 1 THE campaign by Deng Xiaoping and other Chinese leaders for faster economic change seems to be having an unintended effect: dissidents and ordinary citizens are becoming a bit bolder in challenging the authorities Page 9
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    • 38 1 KJEN HUNG Line of Taiwan has started a new containership service between Asia and the South American east coast to capture a share of the two areas' growing bilateral trade. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 37 1 SIME Singapore Ltd, propelled by increased business in almost all its core activities, recorded a 21 per cent rise in group earnings to $25.0 million for the year ended June 30, 1992 Page 3
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    • 43 1 TWO MONTHS after it gave notice that it would quit its watch shop at Changi Airport's Terminal 1, The Hour Glass Ltd has put in the two highest bids in a fresh tender for the same shop Page 3
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    • 30 1 THE San Miguel group of the Philippines has bought a 58.8 per cent stake in PT Delta Djakarta, one of Indonesia's largest breweries Page 4
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    • 42 1 THE head of one of Australia's largest wine and beer makers, SA Brewing Holdings Ltd, has said his company's strong growth trend hangs on overseas markets, but he sees no immediate recovery in depressed sales at home. Page 4
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    • 27 1 THAI COMPANIES are back in the loan-raising market after the May riots in Bangkok, and interest among potential lenders is growing. Page 6
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    • 35 1 DELEGATIONS from three South Korean banks are now in Beijing seeking permission to set up representative offices "in anticipation of dramatic increases in trade and investment", says the official China Daily Page 6
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    • Article, Illustration
      27 1 Friday Change BT-MGA 660.20 -1.95) Kuala Lumpur ...581.17 +3.46 Tokyo 18,555.30 +168.81 Hongkong 5,707.51 -14.95 Sydney 1,530.3 +4.0 New York 3,281.93 -10.27 London 2,362.2 -19.7
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    • 22 1 Exchange rates USS SS 1.5970 100 Yen SS 1.2838 MS SS 0.6398 Money market rates Overnight 3/4 +1/4 3-month 2 +1/16
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    • 27 1 Rubber S'poreOct.. 137.00*/kg +0.50 M'sia Oct.... 215.50*/kg -0.50 KL Tin Turnover 37tonnes -32 Spot MSl6.60/kg -0.10 Crude palm oH Turnover *****ots +483 Oct MS855 /tonne +6
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  • 517 1  -  Singapore studying how best to support firms in overseas ventures From Yang Razali Kassim in JAKARTA SINGAPORE must narrow its globalisation strategy and focus on the region rather than stretch its resources by investing in the US or Europe, Prime Minister Goh
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  • 428 1 Dismal job market figure a big setback for greenback Reuter, Bloomberg SINGAPORE The US dollar, after taking a heavy beating last week, is likely to test new lows against other international currencies this week. Analysts say the greenback will continue its
    Reuter,; Bloomberg  -  428 words
  • 384 1  -  From Loh Hui Yin in BANGKOK SHAREHOLDERS of Thai Airways International are due to meet today to elect a new board of directors amid corruption charges levelled against the man tipped to become the airline's new president. Vice-president Chatrachai Bunya-Ananta has been
    384 words
  • 537 1  -  By Chuang Peck Ming SINGAPORE Singapore's manufacturers expect the formation of the North American Free Trade Area to reduce US investments here. Only 14 per cent think otherwise, a recent survey by the Singapore Manufacturers' Association showed. Half of the manufacturers
    537 words
  • 72 1 AFP BEIJING The Chinese government has banned private financial institutions, according to a report by the China Consumer AJews yesterday. A recent State Council decision had ordered the closing of all such institutions already in existence, the paper reported. Private credit agencies had been springing
    AFP  -  72 words
  • Page 1 Advertisements
    • 129 1 TOE VISIBLE VdIFFERE'nce V IN PROFESSIONAL EYE CARE OPTtQUE RiRISMIKI Plaza Singapura Liang Court Marina Square Scons Clifford l^\| Daimam Sunglasses Counter sxbinMMM. Aircraft Schedule 27 Market Reviews 23 Weather 27 The Arts 17 Money Changer Rates 27 World News 9 Commodities 26 Money Market 25 World Stock Markets 24
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    • 21 1 More reports on Pg 2: Singapore-KL ties are 'going on all right' S'pore conveys interest in hosting Apec secretariat to Suharto
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    • 139 1 There's no place like home with Dulux. THE WORLD S NO 1 PAINT Wrap-up of NAM summit, Pg 2 Sime Darby posts record Ms3s3m profit, Pg 3 Hock Lock Siew: Fundamentals look good for some electronics counters, Pg 3 Remember when flying made dreams come true? Once, an aeroplane flight
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  • PAGE 2 NEWS
    • 585 2  -  The Non-Aligned Summit From Yang Razali Kassim in JAKARTA THE first Third World summit since the end of the Cold War ended yesterday with the Non-Aligned Movement staking a claim to a role in Uhe construction of a new world order.
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    • 269 2  -  Interview with Prime Minister Goh Chok Tong Reports by Yang Razali Kassim in JAKARTA RELATIONS between Singapore and Malaysia are "going on all right", said Prime Minister Goh Chok Tong on Saturday. The dispute over Pedra Branca is being resolved and the
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    • 113 2 SINGAPORE'S economic success story has become institutionalised, says Prime Minister Goh Chok Tong. In his bilateral meetings with other non-aligned leaders, several were keen to find out more about the Singapore model of economic growth and development. They had read about Singapore or visited it,
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    • 291 2 SINGAPORE wants to host the Asia-Pacific Economic Cooperation (Apec) secretariat and has conveyed its interest to President Suharto, whose country is one of three Asean states competing for the position. Disclosing this to the Singapore press, Prime Minister Goh Chok Tong
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    • 657 2  -  Ozone-damaging solvent and pesticide gas to be phased out eventually By Genevieve Cua SINGAPORE Manufacturers and traders in Singapore are bracing themselves for tighter controls on and eventual phase-out of two more chemicals which eat up the earth's ozone shield. One is the solvent
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    • 259 2 SINGAPORE Sarawak has sought the help of Jurong Town Corporation (JTC) to expand the Kuching port and to develop an industrial park. Chief Minister Abdul Taib Mahmud told reporters yesterday that he has invited JTC to provide the expertise for the state government
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    • SINGAPORE ROUNDUP
      • 84 2 DEFENCE MINISTER Yeo Ning Hong will visit the US tomorrow at the invitation of US Defence Secretary Dick Cheney. He will be accompanied by Matthias Yao, Parliamentary Secretary (Defence); Singapore Armed Forces Chief of Defence Major-General Ng Jui Ping, and senior officers. Mr
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      • 89 2 CIVIL SERVANTS will get a $25 million boost to stay fit and healthy. The five-year "healthy lifestyle" programme was launched on Saturday by Finance Minister Richard Hu. Starting today, 35,000 civil servants from seven ministries and statutory boards will take health-profile tests to determine how
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      • 89 2 ONE CHALLENGE facing Singaporeans today is how to uphold and strengthen the traditional emphasis on the family unit in the future, said Health and Community Development Minister Yeo Cheow Tong yesterday. Singaporeans live in an open society, but cannot afford to let negative influences undermine family
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      • 93 2 A SINGAPORE DELEGATION leaves today for Hongkong to attend a week-long meeting of the World Health Organisation Regional Committee for the Western Pacific. Leading the team is Dr Kwa Soon Bee, Permanent Secretary (Health) and Director of Medical Services. He will be accompanied by Dr
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  • Page 2 Advertisements
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    • 18 2 V- AND GET FAST EFFECTIVE RELIEF! Sole Distributor Summit Co (S) Pte Ltd Available at all leading pharmacies.
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  • COMPANY NEWS 1
    • 744 3  -  From Leslie Lopez in KUALA LUMPUR MALAYSIAN conglomerate Sime Darby Bhd has reported a record after-tax profit of M 5353.5 million (*****.2 million) for the year ended June 1992, but the group said it could not be optimistic about future
      744 words
    • 454 3  -  By Sylvia Wong SINGAPORE Two months after it gave notice that it would quit its watch shop at Changi Airport's Terminal 1, The Hour Glass Ltd has put in the two highest bids in a fresh tender for
      454 words
    • 714 3  -  THE HOCK LOCK SIEW COLUMN Fundamentals point to good buys for investment By Claire Leow SINGAPORE It must be hard to be bullish about the electronics industry given the bad press it has laboured under of late. Either the cyclical downturn of consumer electronics or
      714 words
    • 210 3  -  By Shoeb Kagda SINGAPORE Sime Singapore Ltd, propelled by increased business in almost all its core activities, recorded a 21 per cent rise in group earnings to $25.0 million for the year ended June 30, 1992. In a statement released over the weekend, the group
      210 words
    • 173 3 Bernama KUALA LUMPUR Kuala Lumpur Industries Holdings Bhd (KLIH) has reached an agreement to acquire several pieces of land together with a building here for a total cash consideration of M 519.5 million (5512.5 million). Malaysian International Merchant Bankers Bhd said
      Bernama  -  173 words
    • 210 3 Reuter KUALA LUMPUR A Malaysian has been charged with 12 counts of making false statements in connection with 1.2 million irregular shares in Federal Cables Wires and Metal Manufacturing Bhd (FCW), court officials said yesterday. Share registrar Foo Poh Khean, 32,
      Reuter  -  210 words
    • COMPANY BRIEFS
      • 83 3 SINGAPORE Clipsal Singapore Pte Ltd, a wholly-owned subsidiary of Clipsal Industries (Holdings) Ltd, has been awarded the Singapore Institute of Standards and Industrial Research's ISO 9002 certificate. The award, in recognition of Clipsal's quality assurance system, is for the assembly of electrical switches,
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      • 43 3 KUALA LUMPUR Red Box (M) Bhd's entire issued and paid-up share capital comprising 65 million ordinary shares of M$ 1 (550.64) each will be admitted to the official list of the KLSE under the "industrial" sector from Tuesday.
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      • 62 3 KUALA LUMPUR Consolidated Plantations Bhd said that the company was undertaking a feasibility study to assess and evaluate the viability of setting up an edible oil refinery in Tanzania and not Zimbabwe as reported previously. It told the KLSE that the company was still negotiating with Chiaa
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      • 73 3 KUALA LUMPUR Mechmar Corporation (M) Bhd's wholly-owned subsidiary, Aeromore Corporation (M) Sdn Bhd, has entered into a sale and purchase agreement with the shareholders of Resource Premium Sdn Bhd to acquire the entire issued and paid-up M$ 10,000 (556,400) share capital of Resource Premium for
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      • 53 3 KUALA LUMPUR Gula Perak Bhd chalked up a higher group pre-tax profit of M 51.36 million (*****,400) for the year ended March 31, 1992, or 26.5 per cent better than its previous figure of MS 1.08 million. The company attributed its improved performance to better
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    • COMPANY BRIEFS
      • 123 4 TOKYO Equity financing by Japanese companies in the April-September period is expected to drop by 80 per cent from a year earlier to 700 billion yen (SsB.9 billion), the Nihon Keizai Shimbun said yesterday. Equity financing, which is a method of fund raising
        123 words
      • 83 4 TOKYO Nippon Investors Service yesterday said it has lowered the credit ratings of Japan's Big Four securities companies Daiwa Securities, Yamaichi Securities, Nikko Securities and Nomura Securities and of seven second-tier brokerages. It cited the worsening business environment in the Japanese securities industry and its
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      • 84 4 TOKYO The Japanese government will provide loans to joint venture companies set up by Japanese and Russian companies through the Export-Import Bank of Japan, the Nihon Keizai newspaper said yesterday. A joint venture to be set up by Japanese international telecommunication firm KDD, Japanese trading house
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      • 85 4 SYDNEY Standard Poor's Australia yesterday said it is upgrading ratings on the long and short-term debt of major appliance manufacturer Email Ltd. It is lifting its rating on Email's long-term debt to 'A' from 'A-minus' and raising the rating on short-term debt to 4 A-I'. from
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    • 483 4  -  Philippine firm's 58.8 pc stake cost USs42m By Shoeb Kagda SINGAPORE The San Miguel group, Philippines' largest food and beverage conglomerate, has bought a 58.8 per cent stake in PT Delta Djakarta, one of Indonesia's largest breweries. The agreement between San Miguel
      483 words
    • 262 4 Bloomberg SYDNEY The head of one of Australia's largest wine and beer makers, SA Brewing Holdings Ltd, has said his company's strong growth trend hangs on overseas markets, but he sees no immediate recovery in depressed sales at home. Speaking on
      Bloomberg  -  262 words
    • 274 4 BANGKOK Thailand could soon become a production and export base for elevators and escalators in Asia, said a Bangkok Post report on Friday, pointing out that Mitsubishi Elevator Asia and Hitachi Elevator (Thailand) have already established factories in Thailand and that
      274 words
    • 418 4 MARKET AFP HONGKONG A sharp fall in stock prices on the Shanghai and Shenzhen stock exchanges is expected to continue until their share prices reflect fundamentals, fund managers here say. "It is time the ridiculously high prices are corrected," Barclays International regional director
      AFP  -  418 words
    • 394 5 Reuter AMSTERDAM Heineken NV, the world's second largest brewer, said on Friday that net first-half profit from ordinary operations surged 17 per cent and it forecast a clear improvement in fullyear results. A warm early European summer and higher beer prices helped net profit
      Reuter  -  394 words
    • 396 5 Reuter PITTSBURGH Diebold Inc, already a dominant player in the US automated teller machine (ATM) market, is setting its sights on establishing a similarly strong position in markets outside the US, chairman Robert Mahoney said. About 22 per cent of
      Reuter  -  396 words
    • 255 5 FT LONDON: SG Warburg Securities, a leading UK stockbroker, is to stop making a market in the shares of 362 companies, claiming it no longer makes commercial sense to trade such illiquid stocks. Saturday's decision may result in about 90 small
      FT  -  255 words
  • Page 3 Advertisements
    • 161 3 IN THE MARKET PAGES?! SES likely to remain dull 18 HK's rally checked 23 77ns advertisement appears as a matter of record only II CUPSAL I Clipsal Industries (Holdings) Limited Invitation in respect of 10,300,000 new ordinary shares of 550.60 each comprising 5,665,000 shares at U552.35 per share by way
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  • Page 4 Advertisements
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 98 6 NEW YORK Global loan syndication volume rose in the second quarter to U5596.2 billion (Ssls4 billion) from U5555.4 billion in the first, according to a Salomon Brothers Inc report last week. Salomon attributed the rise to "an active market for refinancing and 'reverse' leveraged
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      • 80 6 MANILA The national government plans to sell another 8.3 million shares of Philippine National Bank (PNB) to a government financial institution to raise money and help fill the widening shortfall in revenues. Finance Secretary Ramon del Rosario said yesterday that the deal to sell
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      • 84 6 WASHINGTON The rules committee of the International Monetary Fund has recommended that Russia and Switzerland be included on the lending agency's executive board, bringing the number to 24. The decision must be approved by the executive board and the board of governors but this appears
        84 words
      • 96 6 TOKYO As Japan prepares to set up its own version of the US Resolution Trust Corporation to bail out ailing banks, pressure is building for bank managers to cut their own salaries and other expenses and disclose details of their financial problems. The nation's largest circulation
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      • 67 6 KUALA LUMPUR About 150,000 depositors of the Cooperative Central Bank (CCB), which went into receivership more than three years ago due to massive loan defaults, may still be able to get a refund, says a Malaysian Business Times report quoting a Bank Negara statement. It
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      • 68 6 ABU DHABI Arab banks should ensure their asset levels comply with requirements of the Basle-based Bank of International Settlement (BIS), Osama Faqih, chairman of the Arab Monetary Fund (AMF), said last Saturday. "Arab banks should commit themselves to the Basle principle regarding capital adequacy,"
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    • 524 6  -  By Kooi Cho Teng SINGAPORE Thai companies are back in the loanraising market after the bloody May riots in Bangkok. And interest among potential lenders is growing. Several syndicated loans sealed during the past month have been substantially oversubscribed. For instance, Phatra Thanakit
      524 words
    • 378 6 SINGAPORE The halftime earnings of Phatra Thanakit, Thailand's fourth largest finance and securities house, have already surpassed the total for the whole of last year, says chief executive officer Yutti Lamsam. Speaking to BT at a US$4B million (5576.8 million) loan signing ceremony here
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    • 251 6 Reuter LONDON The world's central banks may have been unable to reverse the US dollar's recent entrenched downtrend, but economists say they are finding compensation in windfall profits from their foreign exchange intervention. "Since the mark is at all-time highs against the dollar, by definition
      Reuter  -  251 words
    • 257 6 Reuter BEIJING Delegations from three South Korean banks are now in Beijing seeking permission to set up representative offices "in anticipation of dramatic increases in trade and investment", the official China Daily said. Representatives of the Commercial Bank of Korea, the Export and Import
      Reuter  -  257 words
  • Page 6 Advertisements
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    • 460 6 Zxceilent &oc<yfom&i Senvtce Thursday 17 September! 992 *8.30 am-1.15 pm Some hard fads to chew on: 90% of the dissatisfied customers of a store will not buy again Eoch of these customers will tell his story to at least nine other \it 13% of those unhappy former customers will tell
      460 words

  • THE REGION 1
    • 435 7 Deadlock over project's financing likely to be broken SINGAPORE Britain and China are likely to break a deadlock over financing a mammoth new airport project for Hongkong in talks which will resume this week, the British colony's leading banker said yesterday. William Purves, chairman
      435 words
    • 493 7 Govt will not take measures to stimulate economy: official AFP SEOUL A central Bank of Korea (BOK) announcement last week that South Korea's economy grew at an "optimal" annual rate of 6.7 per cent during the first half of the year has prompted
      AFP  -  493 words
    • 456 8 Actions could threaten regional security: Hanoi Reuter JAKARTA Vietnam has repeated demands that China stop exploring for oil in what Hanoi claims as its territorial waters and says Beijing's actions could threaten regional security. "The Chinese activities have caused a lot of
      Reuter  -  456 words
    • 243 8 MBT PENANG The Penang government will set up a council to formulate and implement industrial policies and strategies to meet future challenges in the industrial sector. The council's main function will be to identify and study industrial development and trends at
      MBT  -  243 words
    • 185 8 AFP HONGKONG Former British prime minister Margaret Thatcher said yesterday that Hongkong is a marvellous example to the world of how to build up a great economy. M I like to come to Hongkong whenever I possibly can, and this time, I particularly wanted to come
      AFP  -  185 words
    • 314 8 Bloomberg SYDNEY The head of Australia's largest mutual fund and insurance company yesterday said the nation's short-term prospects are cause for concern. Lan Salmon, chief executive of Australia Mutual Provident Fund Society (AMP), made the remarks on a nationally-televised programme, Sunday Business.
      Bloomberg  -  314 words
    • 248 8 HONGKONG After two dull years, the tourism industry appears to be on a strong rebound, judging from the 18.3 per cent increase in arrivals during the first seven months of this year, the South China Morning Post reported on Saturday. However, Hongkong Hotels
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    • NOTE BOOK
      • 85 8 SEOUL South Korea will propose that Taiwan set up a non-governmental representative office in Seoul now that diplomatic links have been severed, the domestic Yonhap news agency said yesterday. It said the representative office would be given a wide range of diplomatic privileges.
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      • 88 8 CLARK AIR BASE, Philippines Villagers whose homes were buried by mudflows from Mount Pinatubo literally begging President Fidel Ramos for help during his visit to a refugee centre here yesterday. Budget Secretary Salvador Enrique/ yesterday said the government was short of money to pay local
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      • 104 8 DHAKA A fresh census of the estimated 280,000 Burmese refugees held in Bangladeshi frontier camps began yesterday, after reports that some had fled the camps to settle in nearby villages, camp officials said. The census coincides with the arrival of Bernard de Riedmatten, executive committee
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      • 80 8 BANGKOK Thai authorities are considering expelling two Chinese men believed to have been involved in pro-democra-cy activities in China, news reports said yesterday. The possible deportation back to China of Li Maolong and Li Suwen would follow the expulsion in July of another Chinese dissident Lin
        80 words
  • Page 7 Advertisements
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  • Page 8 Advertisements
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  • THE WORLD
    • 477 9 NYT BEIJING The campaign by Deng Xiaoping and other Chinese leaders for faster economic change seems to be having an unintended effect: dissidents and ordinary citizens are becoming a bit bolder in challenging the authorities. Partly because the hardliners appear to be losing
      NYT  -  477 words
    • 157 9 AP HONGKONG About 200 people marched to the Hongkong branch of the Chinese Xinhua News Agency on Saturday night after staging a candle-light vigil at a park to demand the release of a Chinese dissident in Beijing. The protesters, singing patriotic songs and carrying banners,
      AP  -  157 words
    • 270 9 Reuter LONDON Public optimism about the state of the economy in recession-hit Britain has sunk to its lowest level for two years, according to an opinion poll for the Sunday Times newspaper. The newspaper said the Mori poll showed 48 per cent of
      Reuter  -  270 words
    • 453 9 Reuter HAMBURG German Finance Minister Theo Waigel says the financial problems of German unification have so far been tackled by budget savings and a limited uptake of new debt, but he declines to rule out further tax rises. Asked by
      Reuter  -  453 words
    • 438 9 UPI TOKYO Japan will not offer additional economic aid to Russia during President Boris Yeltsin's visit this month because of the lack of progress on a 47-year-old territorial dispute, government officials said on Saturday. Japan has pledged U552.65 billion (554.24 billion) in
      UPI  -  438 words
    • WORLD WATCH
      • 66 9 BONN Former chancellor Helmut Schmidt blamed the Bonn government on Saturday for the violent and widespread anti-foreigner sentiment in eastern Germany. In an interview with Cologne Express daily, he said the government brought about the situation by creating a crisis of expectancy in eastern
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      • 63 9 MOSCOW Eduard Shevardnadze, Georgia's interim leader, will be the sole candidate in forthcoming elections for the presidency of Parliament, a post which will make him de facto head of state, Itar-Tass news agency reported late on Saturday. The ruling State Council, of which Mr Shevardnadze is
        63 words
      • 71 9 HAVANA Cuban President Fidel Castro said on Saturday his government had decided to suspend indefinitely the completion of a nuclear power plant, the communist-ruled island's biggest development project. "We don't have any other alternative than to halt the construction of this project," Mr Castro said, giving
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      • 29 9 BATH An anti-Maastricht treaty demonstrator earning his placard on Saturday outside the hotel where the European Community finance ministers were staying for their informal weekend meeting.
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      • 62 9 TAIPEI Taiwan's Interior Ministry has revised a politically unpopular plan to stabilise real estate prices and deter property speculation through tax changes, newspapers said. Under the original plan, taxes on profits from real estate sales would have been levied according to the transaction price instead of
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  • Page 9 Advertisements
    • 229 9 I RH LOSS CONTROL HH MANAGEMENT II DNV Loss Control Management (Asia Pacific) Centre offers practical, cost- I II effective safety/loss control management training, auditing, consulting, and educational tools to industries in the Asia Pacific region. DNV is proud to announce the Modem Safety Management course, one of the most
      229 words
    • 159 9 Drawing the line on lawlessness, Pg 10 I Million Dollar Business. Many businesses, no matter how small, have the For machinery financing, the interest rate can be as potential to grow. Sure, it takes hard work, careful low as 5%. planning, and confidence. The LEF Scheme has enabled many local
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  • ANALYSIS
    • 983 10  -  Philip Bowring examines the weaknesses and contradictions of Dengism that threaten growth in southern China and Hongkong's future Philip Bowring IHT THE IDEALISTIC students who suffered for democracy on Tiananmen Square and the get-rich-quick crowd of aspirant shareholders who recently rioted in Shenzhen
      IHT  -  983 words
    • 1926 10  -  William Purves, chairman of the Hongkong and Shanghai Banking Corp Group, addressed the British Business Association and the Singapore International Chamber of Commerce last Friday at Marina Mandarin Hotel. We reproduce below extracts of the speech. William Purves, Recently, i
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  • Page 10 Advertisements
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      221 words
  • Page 10 Miscellaneous
    • 62 10 DOONESBURY GARRY TRUDEAU I h 111H ASHLEY O'HARA HEAVEN IS SPENDING FOREVER MAYBE IU STICK I PAPPY. IF TOLDTHAT UJITH THOUSANDS OFUTILE /BOUND FOR A X I VOUCHE FROM SO,SON. heaven is where pink plastic poniesi ujhile longer... ABEING 40. J— THE 'MY LITTLE I JBsf w \{/sIP\ UJOULQ YOU
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  • ENTERPRISE & MANAGEMENT 1
    • 1283 11  -  There has been talk that Courts, the furniture and electrical supermarket, is seeking a listing. Chuang Peclc Ming talks to Albert Elphick, the local managing director, to find out more. Chuang Peck Ming PLASTERED on the glass walls of the boss's room at Courts Singapore are
      Photo by Chris Loh  -  1,283 words
    • 499 11 Mr Leong Cheng Chit has been appointed Director of Business Development of Sembawang Holdings Pte Ltd. Mr Leong graduated from the University of Glasgow with a Bachelor of Science degree in Naval Architecture in 1968. He takes over the business development portfolio from Billy Lee, Managing Director of
      499 words
    • 1237 13  -  An informal approach to hiring and firing staff often leads to trouble. Diane Summers offers some advice. Diane Summers FT Murder is commonly a family affair, as are numerous other unspeakable crimes that human beings perpetrate against each other. Any small business owner employing other
      FT  -  1,237 words
  • Page 11 Advertisements
    • 283 11 27 29 October 1992 Crown Princess Hotel Kuala Lumpur Keynote Speakers: Finance Corporation, Asian Development YB Dato' S. Samy Vellu Bank, U.S. Asian Environmental Partnership, Minister for Energy, Telecommunications Hopewell Holdings HK, RCG/Hagler Bailly Posts USA, C S First Boston, Morgan Grenfell Malaysia Asia, K&M Engineering and Consulting USA, t
      283 words
    • 37 11 The Durffee personality is fully aware of the q multifarious dimensions of life, and appreciate that it is exactly these experiences of laughter and tears that bring meaning to life. ***** durffee understands the meaning of time.
      37 words

  • Page 12 Advertisements
    • 2536 12 I The Sime Darby Group I I PRELIMINARY ANNOUNCEMENTS I I OF RESULTS FOR THE YEAR ENDED 30TH JUNE 1992 I I Sime Darby Berhad I I The Directors are pleased to announce the following:- The breakdown of profit before interest and taxation of the respective operating divisions is as
      2,536 words

  • Page 13 Advertisements
    • 1711 13 I The Sime Darby Group I I Consolidated Plantations Berhad Sime UEP Properties Berhad I B (Incorporated in Malaysia) fl The Directors are pleased to announce the following:- 1. Unaudited results of the Group and of the Company for the year ended 30th June 1992. The Directors are pleased to
      1,711 words

  • Page 14 Advertisements
    • 94 14 HOWLONG ONUTA. if TAKES# > r Jßßb^^^^Hp^ f w Jht 3JflrSf I*-• ,«|R v -> fc*«* ieF*~ 4 ■P i'p TOfLY S^H SIB JKKbbF jflP* Jp V Yr' JflHB <$) jlr4' IHI 4i ON other i^jj^HHp fm^^m mm 'S| v AIRLINES. < w w- j^Br w J .< E: Jf#
      94 words

  • SPORTS
    • 599 15 US Open AP NEW YORK Young Chanda Rubin broke up a family affair at the US Open on Saturday when she upset 15th-seeded Katerina Maleeva of Bulgaria 6-4, 3-6, 6-4. The victory elevated her into the fourth round at the National Tennis Center, her best showing in
      AP  -  599 words
    • 650 15 NYT NEW YORK Here is the first thing Ivan Lendl should do this weekend after he punches the time clock at the Open: He should ask for a tape of his match with Jimmy Connors on Friday night. No point in Lendl reviewing his strokes
      NYT  -  650 words
    • SIDE LINES
      • 77 15 FRANKLIN, Wisconsin Defending champion Mark Brooks completed 52 bogey-free holes to open a one-stroke lead after* the third round of the US$l million (551.59 million) Greater Milwaukee Open on Saturday. The Texan reeled off seven birdies for a seven-under-par 65 at Tuckaway Country Club to edge
        77 words
      • 71 15 CRANS-SUR-SIERRE, Switzerland Peter Fowler, Anders Forsbrand and Jose Rivero shared the lead at 206 after the third round of the blizzard-interrupted European Masters on Saturday. However, second-round leader Colin Montgomerie of Scotland was still on the course when darkness ended play for the day. Fowler, of Australia, and
        71 words
      • 155 15 TALENCE, France American Dan O'Brien set a new world record in the decathlon on Saturday, avenging his US Olympic Trial flop and erasing the eight-year-old mark of Britain's Daley Thompson. "Before I used to say the world's greatest athlete was Daley Thompson," O'Brien said. "Now I
        155 words
      • 201 15 BARCELONA On the Paralympic victory podium on Saturday, US sprinters Tony Volpentest and Dennis Oehler appeared to be the same size. Oehler might even have been a little taller. But Volpentest stood head and shoulders above the competition in winning the 100 metres for single amputees in the
        201 words
  • Page 15 Advertisements
    • 332 15 Moments of magic. in it. YOUR KEY TO fj LangkauJi Holiday Villa! will interest companies ig A day of serious business drifts by in a relaxing atmosphere. First class hotel looking for good, suitable KM IWiiHwL J Lfi service smooths away the tension in the Kali. It's a meeting well
      332 words

  • Page 16 Advertisements
    • 332 16 Nothing Beats A Bud. Of VwgMggMM/ 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 your Karaoke sessions's
      332 words
    • 277 16 I HYATT REGENCY SINGAPORE I presents for the first time in Singapore 'v 7 The legendary quintet that gave you such hits as I The Great Pretender", Only You' and many others. Join us I for an evening of nostalgia and fine entertainment, plus the I chance to win a
      277 words
    • 248 16 WHERE TO WINE, DINE Feast On Sonth-Eist Asian Fasourites During the Philippines, month of Malaysia and September, Singapore. you can And our taste the menu all-time chances irresistible regularly, flavours of ,iV BH»# i«i so youll be Indonesia, tempted to Thailand, [IB IT v J return day Vietnam, a. **U
      248 words
    • 359 16 I INTO THEmirmNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Happy Hour Early Dinner Special Menu from 6.10pm to B.oopm on no-function day. Free parking in the evening. Showtime*: B.oopm to 8.30pm SSnB 9.30pm
      359 words
  • Page 16 Miscellaneous
    • 743 16 television and radio ClllY\IYIAI« 1 SBCI2 5.50 Today in History (M). r >..., ***** I 11 I II 1 V f-" «<' 7.50 Tnie Colours World to the 6.00 Regional Now* (M). k-r ttllllllVl lv/ W Mother (Stereo). 6.30 With the Quran (M). BBC, 88.9 mltz in VHF Band II
      743 words

  • THE ARTS
    • 727 17  -  Lyric Theatre marks Gioachino Rossini's 200 th birthday with a modern update of his most renowned opera, reports Michelle Low Michelle Low WHEN the curtains come up on Lyric Theatre's production of Rossini's The Barber of Seville at Kallang Theatre this Friday, what follows will be
      727 words
    • 383 17  -  Benjamin Loh reviews the SSO's performance under the baton of guest conductor Philippe Bender Benjamin Loh THE Singapore Symphony Orchestra under the direction of guest conductor Philippe Bender gave an exhilarating performance last Friday evening at the Victoria Concert Hall. Saint-Saens' well-known Symphony No 3 in C minor,
      383 words
  • Page 17 Advertisements
    • 188 17 AND ENTERTAIN BEST FROM THE WEST Lunch or Dine on a selection of Western favourites featuring soups, salads, a carvery, cold appetisers and hot entrees. At Cafe-in-the-Park Every Monday Buffet Lunch from 12 pm Buffet Dinner from 6.30 pm At $19.50+ per person ANA HOTEL For reservations, please call SINGAPORE
      188 words
    • 52 17 our Maple Leaf s kitchen has a special great value J set-menu for the diners. 1 Seafood Set Lanch \f, A variety of exquisite Cantonese/Sze-<MAfK> m iJBBP fw w VgLi^iSSi^^--—7~~l TseaSallops with H ■odmFtr6^l»i Chilli Sauce I.EAF SnChun RnMuitnl IK-Hf- I XICJB' 'OlOinSGoWanLandmarli ShappMigOntra /*jyv, 390 Vctona Slraat Slngipon 0718
      52 words
    • 1029 17 my Sime Singapore Limited PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 30TH JUNE 1902 The Directors are pleased to announce the following 1. Audited results of the Oroup and of the Company tor the year ended 30th June 1992. OR OOP COMPANY 1992 1991 1992 1991 MHHon S Million
      1,029 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4586 18  -  By William Chia THE STOCK market, which was lethargic and dull for most of last week, is expected to remain lacklustre this week. Share prices closed lower last Friday with investors turning cautious ahead of the weekend, and the early part of this
      4,586 words
  • Page 18 Advertisements
    • 59 18 Why Wait for Loan Approval? If you have recurring credit CREDIT PLUS With Credit Plus credit you needs, and find loan applica- have access to a ready line of tions and waiting for approval credit anytime you need it frustrating, ask for Credit Plus. It's so easy and convenient CalMHne:
      59 words

  • 3303 19 DBS Foreign 1180 40 3.5% FAN 1000 40 4.2% DBS 1100 30 2.8% GE Life 1110 +30 +2.8% Inchcape 585 +30 +5.4% SPH Foreign 1290 30 2.4% Asia Pacific 1120 +20 +1.8% OCBC Foreign 1150 20 +18% Robinson 665 +20 +3.1% UOB Foreign 690 +15
    3,303 words
  • Page 19 Advertisements
    • 143 19 YOUR KEY TO BETTERBUSINESS DECLSIQNS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia S videotext system in the world. For a
      143 words

  • 3519 20 H Leong Ind 50« 530 52 +10.9% Dunlop Est 252 +50 +24.8% Magnum Corp 50« 540 +50 +10.2% Dunlop Est CULS 239 +44 +22.6% M Banking 560 +15 +2.8% Sime Darby 50» 257 +10 +4.0% Golden Plus H 108 +8 +8.0% Multi-Purpose 74 +8 +12.1%
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  • Page 20 Advertisements
    • 869 20 Toll free Tel No 737 0Q43 Fax No: 734 3698 IN THE MATTER OF TIIB COMPANIES ACT,CAP. St N-DEX CORP PTE LTD (la Member's Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section Ml of (he Computes Act. Cap 10 that a Final Genera] Meeting of
      869 words
    • 324 20 M THE HATTER OF THE COMPAMESACT.CAP.iI ANO M THE MATTER Of GUAM HUAT HENO FARMNG PTE. LTD. (In Heathers' Voluntary Liquidation) NOTICE BHEREBY GIVEN pursuant ID SocSon 308(1) of tm Companies Act. Cap. MiKaf Mi a i**- fsi mai in® rioai Mekong of Members of tha above namad Company wW
      324 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5455 21 Bernama LOCAL share prices closed higher last week on the back of firmer overseas leads, especially the Tokyo market's rally. The KLSE Composite Index rose 6.44 points over the week to close at 581.17, the Industrial Index 5.72 points higher to 985.28 and
      Bernama  -  5,455 words

  • BT SHARE INFORMATION SERVICE
    • 140 22 Company Date Yur Group Net Not earnings Gross aim to profit/loss (L) par share dividend (000) (CMts) The H Glass Sep 1 Mar 92 (3,954(15.848 66(9.8 5(5) HTP Hldgs Aug 28 Mar 92 $3,981 ($6,032) 2 7(4.5) 5(10*) Murata Aug 28 Mar 92 26.756f(24.522f) 122 5(1128) 30(27 2)
      140 words
    • 157 22 Company Data Year Crovp pra-tax Hat earnings Gross aan to profit/loss (L) par Uara dhrtdand COOO) (canto) GRP Sep 3 Jun 92 $2,460($1,459) 6.4(3.8) 5(-) Cold Store Aug 27 Jun 92 $29,871 (528.680) 16(13.6) 15N(13N) Palmco Hldgs Aug 27 Jun 92 M$23,639($9,138) 119(—)) 3TE(—) AMOB Aug 25 Jun
      157 words
    • 343 22 Company Date Hart-year Croup pre-tax Interim ana to profit/tots (L) dMdood COOO) Spore Land Sep 4 Jun 92 547.697(125.783) UK Sep 4 Jun 92 $48,076($2,858l) City Dev Sep 3 Jun 92 $53,880($37.724) SPP Sep 3 Jun 92 $1,833($921) Tgan Sing Sep 3 Jon 92 $3,507(52.008) lim Rah Ngam
      343 words
    • 169 22 JIM Bart Last Fal Tear Finest Mi Net MM EPS ■at4 1m EPS Gran pnft lag* Ian Cmi hM Wf «<« lets) ($1N) (SSa) (cts) MC I Aug 28 Dec 92 59 2 5.0 14,857 3.9—5.2 15.8—20.8 SM Stare F Sep 7 Jun 92 4.8 14.0 20,720 255—30.4
      169 words
    • 439 22 Mm Board List Fal Tear CwpMI Parted Date Tear EPS Grass M mmma* eadag (cts) *r Ml last par (SS'•*) EMS Final Nov 6 Jul 91 30TE 17.8781 total Intenm Aug 6 Dec 92 190 100 37.607 MS Lad Intenm At« 23 Dec 9? 79 50 50.908
      439 words
    • 857 22 CwTMt Ex Books Date Total tor Total tor payment data ctoso payaMa tha yoar last yoar UN-faro M 28%(l) Aug 31 NYA Sep 14 28% 58* MOB 50c 3.5*(b) Sep 10 Sep 24 Oct 23 35* 35* Mn rtdgs 50c 6*(b) Aug 26 Sep 7 Sep 24 6*
      857 words
    • 678 22 Sep 3 Leader Universal Hokfings Bhd has decided to scrap a proposed rights issue following "the strong growth in the performance of the company and its current financial strength". Taiping Consoidated Bhd will develop part of its Star Hill Centre project here into a hotel in collaboration with
      678 words
    • 176 22 Company Rights Issue Golden Hop* One-tof-sa MSI 50 pet share Ei-tfate Aug 27 Books dose Sep 10 Acceptance Payment HYA MAS Onetor-one MJSOO per share Ex-date Sep 7 Books dose Sep 21 Acceptance Payment HYA OUT One-tor two (a SI SO per share Ex-date Aug 19 Books dose
      176 words
    • 245 22 Malay awata Steel Bhd: 32nd AGM at the Mutiara Beach Resort, No 1, iln Teiuk Bahang, Putau Pmang, on Tuesday, Sep 8 at 12.00 noon Kamponi Lanjut Tn Dredging Bhd: 64th AGM at the registered office, Lot 12.1 &12 .3, Tingkat 12, Wisma MPSA, Persiaran Perbandaran, ***** Shah
      245 words
    • 220 22 Conversion Special Trdg Scripless Conversion deadline Period Trading Company starts (I DP) (ST) starts Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 Cold Store Sep 21 Oct 15 Oct 5 Oct 15 Oct 16
      220 words
    • 157 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 l*t 1316 68 (21/2/92) 1992 h* 1545 92 (27/1/92) 1992 low: 1122.50 (18/8/92) 1992 tar 1310.95 (18/8/92) 1991 1333.08 (3/6/91) 1991 h*t 1565.58 (3/6/91) 1991 tar 1022.52 (16/1/91) 1991 tar *****8 (16/1/91) 1990 N0t 1435 43 (16/7/90) 1990 Mftc 1607.12
      157 words
    • 979 22 raits Kcpswto xiosunuii wy/ w. of jmmmivt oMrwwaing Stock Data Holder SkarofcoMor/Mroctor SoM sham Before After ROC 26/08/92 Street Names Temasek Holdings (Pte) Ltd S 10.000 25.767 7 980 000 3192 7.970.000 3188 Shangrela 26/08/92 Parun Ltd Pan** Ltd B 298.500 1,271.610 1.984.439 1 32 2.282.939 1
      979 words
    • 531 22 Company Rights Issue Hiance Itch One-tor-one gBJIger share Vn» Steel One-tor three q MS2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CUPS) with up to *****m Transferable Subscnpton Rights (TSR) tor an aggregate price ot MSI per CRPS with
      531 words
    • 362 22 In local cot la S$ In US$ S dy >t dy yr dy yr Sept 4 Index chge chge chge chge chge chge World 384.4 0.5 -5.8 0.5 -5.1 0.2 -3.8 iEAFE 451.7 0.6 -10.0 0.6 -7.3 0.3 -6.1 Europe 388.3 -0.3 -5.6 -0.7 0.1
      362 words

  • MARKET REVIEWS
    • 758 23 FT JUST when they thought it could not get any worse, it did. Friday's employment report for August stunned everyone. Those affected included President Bush, for whom the figures were very bad news indeed: the Federal Reserve, which had hoped it
      FT  -  758 words
    • 355 23 >TWO AFP SHARE prices soared on the Tokyo Stock Exchange last week, with the Nikkei Stock Average recovering to 18,000 yen as futures-related buying offset profit-taking. The market's yardstick Nikkei Stock Average closed the week on Friday at 18,555.30 yen for a 584.51 yen or
      AFP  -  355 words
    • 1225 23 HONGKONC AFTER the long weekend, the market continued its rebound on Tuesday and Wednesday on the back of further recoveries on the Nikkei, despite the sustained weakness of the US dollar. However, with the SinoUS trade outlook remaining uncertain and aggravated by .China's
      1,225 words
    • 909 23  - Super Chancellor frees the pound for now LONDON By Ray Heath IT IS reported that the publishers of the Superman comics are about to kill off their hero in one last issue. No longer will the mild-man-nered reporter, Clark Kent, dash into a telephone booth, to emerge as the Man
      909 words
    • ASIAN MARKETS ROUNDUP
      • 131 23 THE SHARE market suffered four days of losses before closing the week on a positive note, brokers said last Friday. The unexpected blow-out in the current account deficit kept buyers out of the market and stocks fell across the board on Monday, and confidence remained low until Friday. Investors
        131 words
      • 222 23 SHARE prices reversed a three-month losing streak to make a mild comeback during the typhoon-shortened week last week. Wiping out a 0.4 per cent dip the preceding week, the 297-issue Weighted Price Index gained 36.04 points, or 0.9 per cent, to settle at 3,888.49 points on Thursday. The market
        222 words
      • 156 23 SHARE prices slid back at week's end after rising earlier as investors became bearish on the eve of the country's traditional moon festival holidays. The Composite Price Index fell 4.52 points to close at 534.69 points on Saturday after rising to as high as 563.94 points on Thursday. Turnover
        156 words
      • 175 23 STOCK prices looked up and the bears took cover as an array of positive factors last week encouraged a bullish rally in the market battered by a huge securities fraud. Cheerful investor sentiment pushed the Bombay Stock Exchange's sensitive index of 30 blue chips to 3,116.10 at the close
        175 words
      • 125 23 SELLING pressure continued to dominate the Jakarta Stock Exchange (JSE) last week, pushing the market's index down below the 300 mark. The JSE Index closed the week's trading at 298.89 compared to 301.166 the previous week. Monday's turnover stood at 5.74 million shares valued at 31.69 billion rupiah before
        125 words
      • 144 23 A TECHNICAL rally at the stock market lost steam last week, partially reflecting the unexpected strength of the Philippine peso as well as the high interest rates, bourse analysts said on Saturday. The Composite Index at the Manila Stock Exchange however closed at 1,392.0 points on Friday, an 8.4
        144 words

  • Wall Street eases in year's slowest session
    • Article, Illustration
      1304 24 STOCKS closed lower on Friday in the slowest session of the year on the New York Stock Exchange on pressure from a disappointing report on the US employment situation during August. The Dow Jones Industrial Average, which added 1.89 points on Thursday, sank 10.27 points to 3,281.93. For
      1,304 words
    • Article, Illustration
      783 24 SHARE prices fell in busy trading on Friday, affected by poor US unemployment figures, profit-taking following Thursday's near 70-point jump and the announcement of a rise in Italian interest rates. The US Labour Department reported that the US jobless rate dipped from 7.7 to 7.6 per cent in August,
      783 words
    • 345 24 SHARES, depressed by market talk of a couple of downgrades, gave up most of their heavy early gains to end Friday just 0.4 per cent up on the day. The US dollar's overnight rally had pushed early prices up sharply, helped by a climb in the DAX futures contract
      345 words
    • 397 24 THE BOURSE took a breather after two dizzying days of gains, ending Friday mixed after testing the outer reaches of its trading range, dealers said. The CAC-40 Index ended down 1.48 points, or 0.08 per cent, at 1,778.98. Over the two preceding days the index had piled on 6.3
      397 words
    • 241 24 SHARES, after starting Friday with tentative signs of recovery, ended with sharp losses as the Bank of Italy raised its discount rate 1-3/4 full points to 15 per cent. The MIB All-share Index closed 0.14 per cent up at 729 because the news came after many stocks had been
      241 words
    • 308 24 SHARES ended a moderately active session on Friday little changed after prices oscillated in line with US dollar movements. "It was almost exclusively a US dollar market," one dealer said. The All-share SPI Index closed 0.7 point lower at 1,104.7 and the SMI Index of leading shares eased 0.2
      308 words
    • 151 24 SHARES ended higher in volatile trade on Friday, after two distinct dipscaused by first money market factors, then the US dollar's fall ahead of US employment data. "Ahead of the bank holiday today in the US and the unemr ployment statistics many started to sell to be on the
      151 words
    • 203 24 SHARES closed marginally higher on Friday after a sharp plunge of the US dollar in late afternoon wiped out most of the day's gains on the US dollar-sen-" sitive Brussels bourse. The Bel-20 Index of leading shares closed 3.50 points or 0.33 per cent higher at 1,070.36, after touching
      203 words
    • 239 24 STOCKS finished the last trading day of the summer session with typically somnolent activity, dealers said. Players: said the market should pick up after theLabour Day weekend. The TSE 300 closed up 3.13 points to 3,456.37 on active volume of 32.23 million shares. Advances led declines. 311 to 241
      239 words
    • 74 24 INDICES TURNOVER NEW YORK (low PmioiB Sep 4 Dow Jones SAP 500 Turnover (million) 3.281 93 3.292 20 417.08 417.88 124.38 212.51 -10.27 -0.80 -88.13 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,729.0 2.362.2 5388 1,741.0 2.381.9 547.5 -12.0 -19.7 -8.7 FRANKFURT DAX Index 1.536.50 1.530.75 5.75 AMSTERDAM FOE
      74 words
    • 424 24 Other markets in Europe, South Africa and Canada Johannesburg Sep 4 Rand INDUSTRIALS A Alpha 3500 AEC1 680 AMIC 6550 Abercom 125 Amaprop 590 BAZ 1300 Barlows 5100 Basil Strk 10 Blyvoor 380 CG Smith ***** Cnagalo 2400 Curfin 635 Edgars 5000 Fed Volk 800 First Intl 950 Hivdd 1050
      424 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 473 25 NEW YORK AN UNEXPECTEDLY poor US payrolls report and an ensuing ease in US interest rates pushed the US dollar down 2.5 pfennigs by the US close last Friday. The jobs report also propelled the dollar back to centre stage, shifting attention away from
      473 words
    • 787 25 ASIAN CURRENCIES HONGKONG Asia-Pacific currencies generally lost ground against the US dollar last week after the previous short period of slight gains. Currencies in Japan, Hongkong, Indonesia, the Philippines and Taiwan fell against the greenback. Singapore and Malaysia also recorded declines after their central
      787 words
    • 406 25 Cross rates Sep 4 uss SS MS Dm Yen SFr AS NZS uss 1.5970 2.4950 1.4170 123.95 0.5051 1.2670 1.3850 1.8484 ss ***** 1.5623 0.8873 77.6143 0.3162 0.7934 0.8673 1.1574 MS 0.4008 0.64 0.5679 0.2024 0.5078 0.5551 0.7409 Dm 0.7057 1.1270 1.7608 87.47 0.3564 0.8941 0.9774 1.3045
      406 words
    • 524 25 Interbank rates S$ Bid Offer Overnight 3/4 I 1-month I 5/8 1 3/4 2-month I 13/16 1 IS/16 3-month 2 2 1/8 Overnight mode: 1/2 US$ High Low 7 days 3 3/8 3 5/16 1 month 3 1/2 3 5/16 i months 3 7/16 3 5/16 3 months
      524 words
    • 357 25 Bloomberg PRINCETON, New Jersey Municipal dollar bonds closed unchanged to up 1/8 in light activity, traders said. "The municipal market is quiet in anticipation of the holiday recess," said John Christian, vice-president of trading at Tripp Co in New York. The municipal
      Bloomberg  -  357 words
    • 481 25 BANKS ABN Amro Bank NV 6* ANZ Banking Group 6ft Allied Irish Bank PLC 7ft American Express Bank 6ft Arab Banking Corp 6ft Arab Bank PLC 6 BFCE 6ft Ban Hin Lee Berhad 6ft Banca CommerciaJe 7 Banco do Brasil 7 Bangkok Bank 6ft Bank Brussels Lambert
      481 words
    • 540 25 Bloomberg LONDON The Bank of Italy may have to devalue the lira by as much as 10 per cent after an increase in its key discount rate failed to keep the Italian currency above its floor in the
      Bloomberg  -  540 words
    • 457 25 Reuter BERLIN Germany's powerful central bank, the Bundesbank, tried to reassure anxious Germans on Friday that the European Community was not cutting into its control over the country's monetary policy. Bundesbank deputy president Hans Tietmeyer said Germany would keep complete control of
      Reuter  -  457 words
    • 141 25 COMEX scp4 cold nmrntsdoooz) uss/<« Open High Low Settle Change Sep 92 341.30 +.50 Oct 341.90 343.90 341.80 342.20 +.50 Nov 342.90 +.40 Dec 343.20 345.30 343.00 343.80 +.40 Feb 93 344.80 346.60 344.80 345.30 +.20 Apr 348.20 348.20 348.20 346.80 Jun 348.40 -.20 Aug 350.10 -.30 Oct
      141 words
  • Page 25 Advertisements

  • COMMODITIES
    • 362 26 Reuter LOS ANGELES Frontier areas like the North Slope of Alaska and Siberia may prove to be important future sources of natural gas for Japan, one of the world's largest gas importers. "Those places are the targets to find natural gas
      Reuter  -  362 words
    • 264 26 Reuter TOKYO World platinum supply and demand will be balanced in calendar 1992 as demand from the US and Europe swells and exports from Russia contract, the head of the world's largest platinum producer said last week. The total platinum supply in
      Reuter  -  264 words
    • 837 26 REPORTS LONDON Commodity prices remained generally depressed here last week as buyers stayed out of the office or out of the market, with the continuing worldwide economic recession dampening sentiment. Precious metals briefly lifted, during a week shortened by a long weekend,
      837 words
  • 1410 26 Rubber MS Commodity Excfcaog (trtrw do*hi» at lpw) RSS 1 Contract (S cents/kg) Gose Volume Open Month High Low Sett (tonnes) Interest Oct 92 137.00 136.50 137.00 275 2,275 Nov 135.25 135.00 135.75 550 2,900 Dec 0.00 0.00 135.00 0 3,625 Jan/Mar 93 135.00 134.00 135.00 600 16,500 Apr/Jun
    1,410 words
  • Page 26 Advertisements
    • 26 26 I Dieticians Occupational I ing Technologist Hainan I Registrars Financial ConI Retail Man^r* Software tnQinwr h I Dealers Technical OpI erations Manager Qtiafe: I ity Control
      26 words

  • 1214 27 55 FMgfct ETA FlgM ETD Oty Fight ETA FMgX ETD *MM«» SQ228 2050 SQ227 2230 lUala LM*ar MH629 0040 MH602 0700 IkMM RJ182 1440 RJ183 2340 MH640 0605 SQ102 0730 gg 3 gg 2240 S oi§ sqS? SSo *~~i 2*2 MH605 1020 MH670 0950 UlMwi NZ25
    1,214 words
  • THE TRAVEL PAGE
    • 663 27  -  POSTCARD FROM SANTO DOMINGO By Kevin Rafferty IN 1492, as every schoolchild on either side of the Atlantic knows, Christopher Columbus sailed the ocean blue and landed second stop on the shores of the island that he christened Hispaniola. Almost 500 years later, Joaquin Balaguer, president of
      663 words
    • 152 27 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1474 1.1630 Canadian dollar 1.3202 1.3468 NZ dollar 0.8S37 0.8709 Sterling pound 3.1490 3.1918 US dollar 1.3920 1.6010 Local dollan to 100 units of foreign currency Austrian schilling
      152 words
    • 67 27 Duration Tide Venue Organiser Td Duration Title Venue Organiser Tti Oct 2-12 Tehran Teheran. Export Promotion (98)21/*****8 Oct 5-10 International Utrecht. Konintdijke *****55.91 International Iran Centre of Iran Building A Netherlands Nederlandse F*> r Construction Jaartoeurs Oct 3-11 Luxembourg Luxembourg Societe Des 352-*****15 Building International Foires Interna-
      67 words
  • Page 27 Advertisements
    • 45 27 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 ho Mart to Ffenuh-
      45 words
    • 8 27 Innovation and Technology in Business Times on Tuesday
      8 words
    • 565 27 4=QWENQ 1. (Incorporated in the Republic of Singapore) The directors are pleased to make the following preliminary announcement of the unaudited results for the year ended 30 June: GROUP COMPANY 1992 1991 Change 1992 1991 Change SS'OOO Ss'ooo SS'OOO SS'OOO Turnover 19,095 16,756 +14.0 18.881 16,478 *14.6 Profit before taxation
      565 words
  • Page 27 Miscellaneous
    • 307 27 S Canoe in which a soldier 8 Pithecanthropus is no lie- —""■■j 9 Miracle town has ways which lead to rumours (7) lilt 10 Net Foreign office turned "~"BB~~pB form of surgery 13 Little nips or nippers 14 Oust former member sought by newly recog- —BB—BMBI 17 South Pennsylvania resort
      307 words
    • 167 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 32.6 Assoc humidity 65% Minimum temperature 24.4 Assoc humidity 97% Hours of sunshine 6.65 Rainfall in mm 17.5 Rainfall this month 22.4 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cood. Auckland 33/22
      167 words
    • 43 27 LL lU>MPO" OM ARG. n twinging OF t^RNIK-G f JOVieS LJC'U-MftVe. Pi ROLJ V^ ou TfiLKIWG fi&OUTpj TU»S OFf-lC£, INTO R OF FRuiT (CACHINGS Ue«£- MDj )J \DR INKING CLQ6 y-fHe, 6RR THeRe y U a <* 8756 C ASSOCIATED NEWSPAPERS LTO.. ISS2-IM2 SkcW-
      43 words

  • 429 28 Chinese officials still keen to resolve trade differences Reuter BEIJING US President George Bush's decision to sell 150 F-16 fighter jets to Taiwan "will not cast a shadow" over trade talks between China and the US, the official China Daily said.
    Reuter  -  429 words
  • 443 28 iimB Vh&» Reuter LITTLE ROCK, Arkansas As the traditional launch of the official American presidential campaign begins today Labour Day (first Monday of September) Arkansas Governor Bill Clinton has said that the coming weeks would show him to be a new
    Reuter  -  443 words
  • 316 28 Reuter BATH, England European Community finance ministers have reaffirmed their commitment to avoid a realignment of parities in the Exchange Rate Mechanism (ERM) of the European Monetary System. They said in a statement on Saturday that EC governments stood ready to intervene
    Reuter  -  316 words
  • 143 28 AFP KATHMANDU Nepal has begun a major drive to attract foreign investment, sending six delegations to destinations in Asia, Europe and the US, a senior government official said yesterday. The Minister of State for Industry, Ram Krishna Tamrakar, will himself lead a 14member delegation
    AFP  -  143 words
  • 439 28 Don's visit shows China examining various options AFP BEIJING The US economist who designed Russia's radical reform programme met recently with Chinese policy makers here and told them to privatise the economy or perish, officials, said. Harvard University professor Jeffery Sachs left
    AFP  -  439 words
  • 877 28  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Economics Correspondent IT WAS as if a mischievous child with a sharp pin had been let loose in a roomful of balloons. Actually it was a ballroomful of some 40 academics and
    877 words
  • 201 28 AFP TAIPEI Taiwan's exports hit a single-month high of US$73l billion (Ssl!.6 billion) in August, the highest recorded figure for many years, finance officials said yesterday. The figure was 18.7 per cent up on August 1991, and per cent up on
    AFP  -  201 words
  • Page 28 Advertisements
    • 418 28 I WflSTOlif Every Saturday in Business Times IP s> Of Paramount Magnificence Priff Prirr Paramount Chinese Mondays Cuisine Restaurant, a member 5S of the Tung Lok group of Panfried beef rolls with (olioi MMkrooaa in special pimrt $16 IO restaurants, is two years old! Tuesdays Beijing; Roast Duck (prepared in
      418 words
    • 15 28 Lira likely to be devalued; Bundesbank tries to allay German fear of EMU, Pg 25
      15 words
    • 11 28 INVESTMENT Every Saturday in Business Times Drawing the line, Pg 10
      11 words

  • Shipping Times
    • 388 29  -  By Dexter Lee SINGAPORE Kien Hung Line of Taiwan has started a new containership service between Asia and the South American east coast to capture a share of the two areas' growing bilateral trade. The carrier has deployed three vessels on the route,
      388 words
    • 284 29 Reuter BEIJING China said on Saturday it wanted a peaceful solution to a dispute with Vietnam over oil exploration in the Gulf of Tonkin. Hanoi had protested to Beijing twice on Friday, demanding the withdrawal of a Chinese oil survey ship and a
      Reuter  -  284 words
    • 583 29 NYT BAR, Yugoslavia With its vast but vacant wharfs, idle cranes and empty warehouses, the largest port in the truncated state of Yugoslavia presents a poignant image of the economic paralysis that is gripping the country and leaves no
      NYT  -  583 words
    • 1187 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asia Cont Lines 14 5 Asian Break-Bulk 16 3 •ASCL 5 5
      1,187 words
    • 199 29 HONGKONG A Panama-nian-registered ship has returned to Hongkong after being seized by Chinese security officers on suspicion of smuggling, a shipping agent said on Saturday. Ricky Tsui, a spokesman for the Greatime Shipping Ltd said the 7,000-ton East Wood was released by authorities
      199 words
    • 288 29 Area thought to be Soviet navy's dumping ground Reuter LONDON Russia has barred Norwegian scientists from measuring radiation levels in the Arctic where the former Soviet navy is thought to have dumped radioactive waste, the Observer newspaper said yesterday. The navy of the
      Reuter  -  288 words
    • 318 29 Reuter ADELAIDE, Australia Rescuers on Friday battled to save more than 500 sea birds trapped in one of Australia's worst oil spills. A 296-tonne oil slick, about 10 km long and 2 km wide offshore, leaked from an oil tanker
      Reuter  -  318 words
    • LOG BOOK
      • 73 30 SINGAPORE Works consisting of reclamation, sandfiling of water boat channel and stonework connecting Buran Darat and Sentosa will take place with immediate effect till Sep 30 1993. A cutter suction dredger with a 500-m floating pipe will be working in the vicinity. The appropriate
        73 words
      • 90 30 TAIPEI A fire swept through the engine room of a Panamanian-registered cargo vessel off southern Taiwan before dawn on Saturday, injuring seven crew members, police said. A fishing boat rescued the crew of 21, including six Burmese and Indonesians, from the 2,991-tonne Tung Mao after
        90 words
      • 73 30 MADRID Spanish state-owned aircraft maker Construcciones Aeronauticas SA (Casa) will sell 12 transport planes to the South Korean air force for a total of US$2OO million (Ss32o million), company officials said last week. Casa's CN-235 aircraft, a personnel and equipment carrier, beat an Italian model
        73 words
      • 107 30 DJIBOUTI An Ethiopian Airlines plane was hijacked on a domestic flight on Friday and forced to land in the neighbouring Red Sea state of Djibouti, official sources said. Sources at Djibouti airport said the hijackers, believed to be four Ethiopian men and a woman, released the 46
        107 words
      • 52 30 WASHINGTON The US army on Friday awarded Lockheid Corp a US$6B9-million contract to develop the prototype of a missile system capable of defending an entire small country from enemy ballistic missiles. The army said the theatre defence, or Thaad, is "the cornerstone of tnfe theatre"missile
        52 words
      • 57 30 WASHINGTON/ The US and the Netherlands have agreed to opeif their skies to each other's airlines, a step the Bush administration hopes will lead to the opening of aviation markets across Europe and elsewhere. The agreement, which was signed on Friday, gives KLM Royal Dutch Airlines
        57 words
    • 1254 30  -  As the aerospace industry prepares to go on show at Farnborough, parts of its military and commercial sectors are bracing themselves for some radical reshaping, writes Paul Betts Paul Betts FT TO MAKE a small fortune you should start with a big one, says Jean Pierson, the
      FT  -  1,254 words
    • 887 30 US PLANS to greatly increase subsidised wheat exports approving 30 million tonnes of subsidised wheat sales failed to stir the quiet dry cargo freight market into action on Thursday, brokers said. Although greater demand for grain exports may mean increased transport requirements, especially in panamaxes, even the US
      887 words
    • 7755 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      7,755 words
    • SHIPS IN PORT
      • 584 45 ivy iw gun nma M|aui Martaa Tin fiatam Baru miaai 1 B177 M03 07 09/0900 0809/2300 Batam Maju *****2 M05 0709/1000 08.09/0500 Batam Murm *****2 M05 0709/1000 0809/0500 Bstam Sayang *****2 M05 0709/1000 08 09/0500 Batam Speed 84/92* M04 0709/1700 07 09/2100 i bacamnoo i 124 IS
        584 words
      • 1562 45 1 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS N» Cartahari miiMi I a» fry w> Cantaawn wnUtk C 'iWrvfi WM229 05 09.92 0700 Ben? Bhum 42S COO(EST) 06.0992 2355 Spring AN-048 05.09.92 0630 OOCL Fair 34W COO(EST) 06.0992 230C Wan Hal 206 N014 05.09.92 1000 Kota Mah 361
        1,562 words
    • 756 46 Sept 6-lft Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place 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: 732-1970
      756 words
    • 282 48 NTS 10m deal a boost for Taiwan aviation industry AFP TAIPEI Taiwan Aerospace Corp (TAC) announced on Saturday that it will form a NTS 10-billion (*****-million) joint venture with British Aerospace (BAe) to manufacture commercial airplanes. "The planned NT$lO-bil-lion deal with the British
      AFP  -  282 words
    • 234 48 AFP -HELSINKI Finland and Denmark have reached a set{tttaient of a dispute arising fcoim Denmark's plan to build a huge bridge linking its main islands of Zealand and Funen, officials said here oft Saturday. The bridge will connect the large island of
      AFP  -  234 words
    • 220 48 AFP LONDON The Federal Aviation Administration has warned all United States airlines to be on their guard against a possible terrorist attack, following the discovery of a series of attempts to bypass baggage handling security, the Sunday Telegraph reported quoting a
      AFP  -  220 words
    • 421 48 NYT NEW YORK A federal appeals court in Manhattan has overturned a multimil-lion-dollar damages award, ruling that Trans World Airlines (TWA) was not guilty of willful misconduct in failing to prevent a midair bomb explosion aboard a 1986 TWA flight
      NYT  -  421 words
    • 429 48 AP PARIS France banned imports of toxic PCBs from Australia on Saturday after police arrested about 20 protesters trying to block a ship from unloading the deadly waste. Environment Minister Segolene Royal served notice on Ros Kelly, her Australian counterpart, that the
      AP  -  429 words
    • 212 48 Reuter TAIPEI One person died and four were hurt as Typhoon Omar lashed Taiwan with winds of up to 120kmh on Friday and Saturday, causing landslides and flooding, police said. Three ships ran aground in the port of Kaohsiung and an Indian-registered cargo
      Reuter  -  212 words
    • 205 48 UPI LOS ANGELES Southern California Gas Co employees on Thursday began driving 50 of the first natural gas powered vehicles ever to roll off an American car factory assembly line. The utility has purchased 130 natural gas trucks for delivery this year and will
      UPI  -  205 words
    • 218 48 Reuter HONGKONG Britain and China are likely to resume talks over the financing of Hongkong's new airport project this week, a Hongkong government spokeswoman said here on Friday. "Both sides have discused reopening talks and it is very likely that they would
      Reuter  -  218 words
  • Page 29 Advertisements
    • 17 29 Urm aM MrvkM rapmMM Mirtw Om togfstvy t( AecnM for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      17 words
    • 232 29 THE oP n *o i taamukj S mm tmim ■!MlH?|j| 224 1833 For more information please refer to Pg. 13 Aerospace industry in for rough time, Pg 2 Taiwan Aerospace, BAe to make planes, Pg 20 Everything Our Company Stands R)r Can Fit On The Head Of A Badge. This
      232 words

  • Page 30 Advertisements
    • 167 30 If We have moved to the 9th Storey H 1... With effect from 5 September 1992, ■fell MAJUBOUSTEAD I SHIPPING PTE LTD will be located on the 9th floor of Sanford Building. Our new address is I 15 Hoe Chiang Road pi Sanford Building #09-01/03 1I Singapore 0208 I Our
      167 words

  • Page 31 Advertisements
    • 4104 31 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 \llMr BOOKINGS TEL: *****34 *****58 ■■HUB TERMINAL/CFS TEL: *****18 220 PDwOfln PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L J a PORT KELANG TEL: *****18 FAX: *****91 *****88 EIVIH AIIT nAUI rt..«i;«w PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
      4,104 words
    • 1470 31 WEEKLY DIRECT CALL TO SHIMIZU LEISE MAERSK 9211 ETA SIN 10/9/92 ETA SHIMIZU 22/9/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Leerort/Anes This week Mckinney Maersk 9208 Qg/9 0800 HRS HHMHII CPS 07/9 2359 HRS JOH UPK PEN OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR
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  • Page 32 Advertisements
    • 1498 32 fi DAM/ *2Egr~ VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE KQjj KITANO 15/136 10/9 19/9 3/10 29/9 28/9 k IiMUMM THAMES 13/336 13/9 30/9 2/10 5/10 6/10 mBMINM ELBE 12/137 17/9 26/9 10/10 6/10 5/10 /BRTiZ HOECHST EXPRESS 05/337 20/9 7/10 9/10 12/10 13/10 HAMBURG EXPRESS 10/138
      1,498 words
    • 444 32 ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA F—df V»—el IT A 8M ORIENTAL KNIGHT 11/09 VILLE DE TUCANA 18/09 VILLE DE LA FONTAINE 24/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEHi-CONTAMER SERVICE vessel spo« mi ioaomc fob KAPTTAN GMS* MR 10/ M a i, vicf
      444 words
    • 1614 32 I ggaaro«Aß«A *.twm REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOY »Ri^ALQ^BCL^»U«^^BRr^RO^^AHT^^FE^^L»Sk| NORASIA AL MUNTAZAH 9227-3 07/09 29/09 30/09 02/10 03/10 04/10 05/10 06/10 07/10 NORASIA SAMANTHA 9221-3 14/09 07/10 01/10 11/10 12/10 12/10 13/10 14/10 15/10 I NORASIA SMGA 9229-3 21/09 14/10 16/10 11/10 19/10 20/10 21/10 22/10 23/10 I NORASIA
      1,614 words

  • Page 33 Advertisements
    • 1948 33 yw STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppei Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUE SALS SMGAPOK PHOMi POD STRAITS STAR VI3E Muwa. Lab. KM MPT 01 S«p UKTB MMCESS V 9201 WPT 01 Sec »i Ul5 W S KTIS W203 15 19 £Sg
      1,948 words
    • 2322 33 SINGAPORE AGENT: PX)/| PrtntoltlAfC P4O Container* (Singapore Agenciea) Pte Ltd I#L X IXW VjIVIII/111ICI 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tei: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7617 CR Number: **********0Z EXPORT IMPORT ~E,j VCMEL VO* 'PMO "PKO tM ALG SOU AWT ROT NAM
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  • Page 34 Advertisements
    • 674 34 g—Ea CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE HSI/Wl STOW ROAM/ADAM H'BUK BREMEN AKMIIf SRWJATA 3SNB MPT (PT t) 8/10 12/10 16/10 20/10 KUTAI/2SNB 6/10 9/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|«ct to lnduc«<n«nl. Also accepting cargo to Caaablanca, Port Said, Port Alexandria,
      674 words
    • 1426 34 0 HANJIN SHIPPING FOR VSI SM UK HAUL LGB OAK FDR VSI SM IIK HAUL SAV ILM NYC HAKIM VANCOUVER 0101 13/9 OMECT 4/10 //10 FISHGUARD BAY 210N 8/9 H SEATTLE 025E 15/10 16/10 11/10 HANIN OSAKA 002E 20/9 DMECT 11/10 14/10 HAKIM CICAI O<6E 14 9 M TOKOHAMA 041E
      1,426 words
    • 1279 34 Im «is ws iou osk *sy smz no uu as w mc u* im m nr wc psd as nu. I E GCHOEN AE 030 0/9 9/9 14/1 10/9 10/9 21/9 22/9 M/J 2V9 20/9 »/9 9/10 21/10 23/10 24/1* 1/11 4/11 5/11 t/U 7/11 17/11 27/11 1/12 2/12 1
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  • Page 35 Advertisements
    • 1853 35 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 ■An UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 EZZ aust/india/pak service NEPLINE SDN BHD MALAYSIA
      1,853 words
    • 1104 35 I SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURIES: *****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 EASTBOWP-OtSCHAMNG WCSTBOUP-LOAOfK TRAHSHPfED VIA ROTTERDAM w» law In*
      1,104 words

  • Page 36 Advertisements
    • 1450 36 Z 1 T AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (C* **********0H) I W W V TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I |%l M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD JL SL JLm# JL X MJiJ TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA,
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    • 920 36 PHIU OMfNT LINiS PT( LTD 4-j j| r* SSSSSSSSStSSSB^^» 1 BY AIR, LAND OR SEA.... 2gL we take on the world for you 4A Qpp uFYiro CITY TAMPICO. VERA ORUZ, PARAMARIBO c w miakj li lip £3£s£ «7aNE«O. BUENOS AIRES. CALLAO. ST. MAARTEN. SAN JUAN. antafagesta. guaiouila. benuebentura BUCHAREST ANO
      920 words

  • Page 37 Advertisements
    • 2083 37 L'—PACIFIC INTERNATIONAL LINES (PTE) LTD V M 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 I CR NO: **********0E i l JAKARTA IBAMQKOK I VESSEL VOVSIN BKK SIN VESSEL VOV SM JKT SM ••TCnuoae 25N 8/9 11/9 19/* BUNOA TERATAI 363 8/9 11/S IS/f KOTA MNTANG KBT33N 9/9
      2,083 words
    • 832 37 p|P PKEiANu| OCEAN iSI .0" Hi I RTM (2l HAM (3) GOT (4) E 4/9 4/9 5/9 BENALOER 2352 8/9 25/9 27/9 28/9 30/9 11/9 n/9 12/9 TOYAMA 2362 15/9 2/10 4/JO S/10 7/10 Q 18/9 18/9 19/9 AROSIA 2372 22/9 9/10 11/10 12/10 14/10 E 25/9 25/9 26/9 NIHON
      832 words
    • 270 37 BSA° TRANSPORTATION mm MYANMA \flßßk FIVE STAR LINE (Myanmar National Line) Loading for Yanfon (Rangoon) S port P.Klf Pen P Gdf AVA VlltW SUb —b Pt MAMOALAY V3S* 1/10 S* MKT A VI24W 12/10 Up 8/10 Up PAGAN VlB6* 14/ IS Up 9/12 Sap HPA AN VISIN 20/22 Up NIGERIAN
      270 words


  • Page 39 Advertisements
    • 50 39 1/C7 VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 AUGKLAHO SYDNEY import ft export MELBOURNE FREHANTLE SERVICES I fa: FOR BOOKING ft SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL COM SOL PTE LTD TOLL-FREE TEL: *****66 TOLL-FREE TEL: *****34 FAX:*****86 FAX: *****37
      50 words

  • Page 40 Advertisements
    • 2869 40 I Conventional Semi-Container Fuii Container Liner Services Liner Services General Agents. Booking Agents: General Agents. Booking Agents: Cmi Gum SM*** MSM C*«« CMm SfcppMf Mi BM fJ. Otoknl Pvtra Intones* Maritime Ykk Fung Shipping A Shipping Frefett Booking Crtatshio Agtncm Costar Shipping Pte Ltd Simrn looking Cmtn S* 8M 58
      2,869 words
    • 240 40 SAMUOIIU«IOOI«U(S)PTILTD 15 McCALLUM STREET ■HBi #03-01/02 NATWEST CENTRE «M Singapora 0100 Tatax: R*****0 ■■■H Tafc *****01-3 Fax: 223 4030, 227t1M FOB BOOK MOO CALL DMSCT UHE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 996 08/09 (TUE) 11/00 (FRI) MERKUR DELTA 939 08/09 (TUE) 11/09 (FRO MAJESTY 907 12/09
      240 words

  • Page 41 Advertisements
    • 571 41 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LWASSOL/PKEAUS 12/9 ROTTERDAM 12/9 HAIFA/ASHDOO/ALEXANDRIA 12/9 HAMBURG/BREMEN 12/9 MARSEILLE/FRANCE 12/9 FEUXSTOWE/UK 12/9 BARCELONA/SPAIN 12/9 LEHAVRE/ANTWERP 12/9 GENOA/ITALY 12/9 GOTHENBURG/SCANDINAVIA 12/9 LOS ANGELES/WC/PI 12/9 SYDNEY/MELBOURNE 12/9 NEW YORK/EC 12/9 FREMANTLE/ADELADE 10/9 VANCOUVER 12/9 BRISBANE
      571 words
    • 133 41 if P.T PERUSAHAAN PELAYARANI W* KALIMANTAN j DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK I itu* ETA/FTD DUTffWTKM HUM 42 toy 13/92 7/1 S# I— I MCMUNKL I toy 17/92 10/11 top htota/P*w*m lUCMMWD. I toy 17/92 12/14 S«p UktrU Ttmbx* I MACA 42 toy 14/92 15/1 C U* l*«ta/r*M*Mt
      133 words
    • 1159 41 JAKARTA BANGKOK I m I I -1 |«m Im mm BHUM 157S 09/09 12/09 PWA BMUM*## 249R Mw MPI Til 10/09 BtWA BHUM «M 12/0» 15/09 WM BMUM 21H IBs* 89/09 Sst 12/B9 WANA BMUM 158 10/09 19/09 MAHA BMUM# 123H MX 09/09 Sm 13/09 WA BMUM 44S 19/09 22/09
      1,159 words
    • 347 41 Itaggfl IKBHK' VBL VOY SMOAPOftE MADRAS SB4GLAPONE 4 Jj KSSU WT mm sa nsa speed am v-mm ij-u/m ze-n/eQ IKO CKEX 32R 10-IVO9 17U/H 24-ZVOW nta mki cm w-is/oi 21 23/09 ran stm im v-itm m-s/m oi4mo**l VOY SSKUPORE/CALCUTTA/StOOAPOR^jS «sa WT SR CM. UOi MES Ml #S-*5/M 14-14/01 \OoLrm\ HOT*
      347 words

  • Page 42 Advertisements
    • 1575 42 GROUPAGE 1-I\~/\~ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w P-KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN P£N PK SIN 9/9 10/9 11/9 Honf Kont Ldn/Fh/Rdm/Ant 11/9 12/9 13/9 13/9 14/9 15/9 Hone Kong G'burc/CTiafen/S'hokn/Oslo 15/9 16/9 17/9
      1,575 words
    • 319 42 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM PROSPECT 20S 8/9 20/9 22/9 1/10 HI STAR 0528 11/9 30/9 2/10 11/10 PfiEMER 20S 29/9 11/10 13/10 29/10 FULLY CONTAINERISED SAILINOS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
      319 words
    • 1149 42 THONG SOON UNCS PTC. LTD.) 77 ROBINSON ROAD #15 00, #16-00 SIA BULOMG SHGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 •Kr TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICIS I SINGAPORE TO SARAWAK SINGAPORE TO WEBT MALAYSIA vessel Tvor [s PORE [PEST VESSEL W
      1,149 words

  • Page 43 Advertisements
    • 826 43 COMPANIA PERUANA DE VAPORES X "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CAILAO, MATARANI. 10* 1 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BUI OF LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA. MOJI, TOKYO*, MANILA*, DAVAO*. Ptranj* P. Ketanj
      826 words
    • 611 43 ICZ3 ZIM F^j N.AMERICA CARRIBEAN SERVICES ttSSEL VOY Ml HAUtA VOT LAI Ml W HTC l*« A VESSEL 5/9 M SAVANNAH ME 1/1* 11/11 14/1* IC/1« 11/lt ZM VEK2IA Its 13/9 W lAPW 3E 12/10 21/14 »/10 27/14 29/10 M MELBOUM 216E 17/9 AM PUSAN IJE 22/14 11/11 4/11 4/11
      611 words
    • 681 43 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTMO FCL/LCL DUBAI DAMMAN SMARIAH DOHA. MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS IE DO AH FAR EAST ACCEPTING FCL/LCL PENANG P KEIANG JAR ARIA BANGKOK HONG KONG. TAIWAN lAPAN. MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY ABERDEEN. LE HARVE HAMBURG ROTTERDAM
      681 words
    • 456 43 iißmi MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN ALSO ACCEPTING CONTAINERS TO TUTICORIN/ BANGALORE/COCHIN AND NEW DELHI WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED
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    • 495 43 SHI FAR EAST 12/9 KEELUNG/KAOHSIUNG 13/9 BANGKOK 11/9 MANILA/CEBU 12/9 JAKARTA/BELAWAN/SURABAYA 14/9 PORT KELANG/PENANG/E. Malaysia 14/9 BUSAN 14/9 TOKYO/YOKO/KOBE/NGO/OSA 14/9 HONG KONG SHI CHINA 14/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SIN EUROPE/UK 12/9 LDN/FLX/LVP/SOU 12/9 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 13/9 LOS
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  • Page 44 Advertisements
    • 762 44 ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods from door to door trucks for home deliveries at cost
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    • 528 44 Bonterm/ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 9 SEPTEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 13 SEPT JAKARTA 14 SEPT PENANG 14 SEPT PORT KELAMG 10 SEPT FREMANTLE 10 SEPT MELBOURNE 12 SEPT SYDNEY 12 SEPT FELIXSTOWE 12 SEPT HAMBURG 12 SEPT ROTTERDAM 12 SEPT
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    • 582 44 This Week's Sailings I To: ETD To! ETD M Singapore Singapore Hamburg 13/09/92 Bangkok 13/09/92 J Manila 11/09/92 (Onforwsiding to Mid West/ 13/09/92 i U ../MM. East Coast of CJT Colombo 14/09/92 USA) X Tel: Fax: Von Chan S^Bl mil Singapore 778 6522 779 2738 Gandhi A MMM Ylflr Tu
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    • 382 44 Vq-L CHINESE-POLISH > JOINT STOCK SHIPPING CO 1 COWTAfO/BREAKBULK 15 B. PRUS W. 25 7/9 ROTTUtDAAI/HAMBURG/GO YNA LUBAN V.SI 11/9 CASABLANCA I ÜBAI V.22 23/9 HUANGPU/XMGANG/SHANGHAI v" BALTIC FAR EAST SHIPPING PTE LTD 2 MSTM ROM) #10 00, HMC BULGING. STORE 020/ TO.: *****69 FAX: *****09 TLX: RS ***** BAIFES
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  • Page 45 Advertisements
    • 17 45 Find out how sellers reach out to buyers in Advertising ft and Marketing. Every Thursday in BT.
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    • 162 45 WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY RUSSIA BELGIUM Ml AND SWITZERLAND RULRARIA ITALY SPAM DENMARK NORWAY SWEDEN FINLAND NETHERLANDS TURKEY RANGE PORTUGAL TC CHECHOSLOVAKIA GREECE POLAND UNITED KNMOOM GERMANY ROMANIA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LINE 273-0466 YUSEN
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  • Page 45 Miscellaneous
    • 417 45 TOOOyS TOES (height in metres) MUNN«INt2Nt3NMNMNINIO7N«NINNINIIINI2NI3NI4NISNUNI7NiaNUN2MaN22N23N JR 12 1.0 09 08 09 10 1.3 1.5 1.7 14 1.8 L 7 16 1.5 1.5 15 1.6 14 2.0 U 14 13 12 L 9 Pf 1.3 10 09 09 09 1.0 1.2 1.5 L 7 14 18 1.7 16 15 15
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  • Page 46 Advertisements
    • 621 46 1 LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anton 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 (TANGON) VESSEL ETA ETD DESTINATION SERVICE
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    • 545 46 «3L cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O LOADING FOR: A VESSEL 28/09 Rotterdam/Ant*»erp CHINA CONVENTIONAL tERVtCE VESSEL PKL PNG P.G. LOADING FOR: TRANS ASEAN 15/09 20/09 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMNA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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    • 478 46 1 IF REUABnjTT IS ill I TOUR PRIORITY |j 1 IT IS OUR BUSINESS S I 1:1 I &vuMUto- "Pte Atd B' I James R Kasmel *****88 B.—■L'IJIL'HU»J-I-I.HI-«I1IIII.I—■HIJI»HUWiH).IJIWU|IL»liHIII»lll|l!ipnHH t ■ainii«iiieimavira i>»■—i HfUiMrii'i 1 miuii>ii*MH c W— SKH DISTRIPARK PTE LTD 77 Roblnaon Road #16-02 SIA Building, Singapore 0106 Z Singapore
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  • Page 47 Advertisements
    • 1081 47 A HYUNDAI] MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE *ssas rm+ pke+ I sw I itm ami* leh* haai mx fel~| SI. MKTOOCNCE 301W 11/09 11/09 13/09 02/10 02/10 03/10 03/10 03/10 OC/10 H. PROUTER 301W 25/09 25/09 27/09 18/10 16/10 17/10 17/10 17/10 20/10 St. MARRCR 301* 09/10 09/10
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    • 460 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS "Ml Wl 9 PI IK U um« is su at SMUUU i 2 1/1— nm mti 43 i/t ji/i C9SMC HUTU 12 14/9 11/ l atumm tiami 21 19/9 it/9 cssmc tiami 2t h i cuuu m i
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    • 793 47 H JEDDAH/UK/CONTfsENT .< *it*no is/in pris, Tr.sr sr™ THAMES 13/3331 13/9 M/l 2/11 9/19 VM S3 ta M 2* 17/137 17/9 »/J ii/u vw SSS- ;S2«El£XwM!2r PS^I HOICKS! [KfQSS OS/337 29/9 7/19 9/19 12/19 11/19 lalMai :t< i latawn AauluiUai. QMx IliiUJj MEDITERRANEAN (A-AED CLUB)* gooam/im [srHsr r Tr. s»
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  • Page 48 Advertisements
    • 103 48 Every Saturday in Business Times v^»• «x yr# rfci(r /~^\/1* could be a controversial deal between two stock 1 7 market stars, a thought-provoking report by "xn[ university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more
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    • 5 48 Every Saturday in Business Times
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