The Business Times, 10 September 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, September 10, 1992 75*
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  • NEWS SUMMARY
    • 71 1 HONGKONG Large creditors of Bank of Credit and Commerce Hong Kong Ltd (in liquidation) have endorsed a repayment scheme, the bank's special managers said yesterday. Creditors owed more than HK$ 100,000 (S$21,000) had voted 83 per cent by value in favour of the plan. "The
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    • 59 1 TAIPEI New foreign investment in Taiwan plunged 35.7 per cent from a year earlier to US$B7l million (SSI.4 billion) in the first eight months of this year, the government's Investment Commission said yesterday. The global economic slowdown, rising labour costs and recent appreciation of
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    • 36 1 BUSINESSES in Asia, taking their time about adopting pollution control measures, generally believe that it will take 10 more years before Asian environmental laws become as stringent as those of the West Page 2
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    • 32 1 THE Information Technology Institute a research arm of the National Computer Board is venturing abroad. It will try to sell its innovations in information technology overseas Page 2
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    • 34 1 FINLAND cut its currency loose on Tuesday to sink downwards as Sweden raised interest rates sharply, to a record 24 per cent, to defend the stability of the krona. Page 7
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    • 26 1 WORK on Kuala Lumpur's new MsB billion (555.12 billion) airport, Malaysia's largest public project, will begin in mid-1993, say government officials Page 8
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    • 36 1 COUNTRIES queueing to join the Economic Community say French approval of the Maastricht Treaty is vital to Europe, but a French "no" on Sep 20 may well do them some good Page 8
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    • 37 1 LOCAL engineering company Allied Ventures and Technologies Pte Ltd hopes to fill the gap in providing specialist services to the oil and gas industry with the purchase of a multi-purpose vessel. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 26 1 WALL STREET opened slightly higher yesterday, with the Dow Jones Index of leading industrial shares reaching 3,264.08 after five minutes trading, up 3.49 points.
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    • 28 1 LONDON share prices were lower at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was down 13.4 points, or 0.5 per cent, at 2,324.2.
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    • 40 1 NET group earnings at Singapore Automative Engineering (SAE), a member of the Singapore Technologies group, chalked up a 12.5 per cent increase to $3.2 million for the six months ended June 30 this year Page 4
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    • 37 1 SINGAPORE Petroleum Co (SPC), which yesterday launched the first phase of its Pulau Sebarok oil terminal, is planning to invest a further $50 million to $60 million under a third phase expansion programme Page 4
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    • 41 1 INDIA is all set to open its stock markets to foreigners. It will initially open the door only to large institutional investors such as foreign pension funds, says the head of the Bombay Stock Exchange Page 4
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    • 15 1 THE Malaysian and Jakarta markets were closed yesterday for the Prophet Muhammad's Birthday.
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    • Article, Illustration
      28 1 Wednesday Change BT-MGA 659.95 -3.16 Kuala Lumpur closed Tokyo 18,875.55 593.13 Hongkong 5,726.99 +26.4 Sydney 1,478.9 -23.0 Tuesday Change New York 3,260.59 -21.34 London 2,337.7 -34.5
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    • 23 1 EadnBgi rates USS S$ 1.5920 100 Yen S$ 1.2933 MS S$ 0.6391 Money miriwt rates Overnight 3/4 -1/8 3-month 1 13/16% +1/8
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    • 16 1 London Gold AM fix US$343.10 USS+1.20 Rubber S pore Oct.... 139.00*/kg +1.75 M'siaOct 216.00Vkg unch
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  • 700 1  -  Tenants cite high costs but remain committed to industrial park By Genevieve Cua, Helen Chang SINGAPORE Manufacturers who set up plants on Batam island, lured there by cheaper operating costs, are concerned that Batam may lose its competitive edge over emerging rivals like
    700 words
  • 370 1  -  No decision yet on site of Apec secretariat From Loh Hui Yin in BANGKOK THAI Prime Minister Anand Panyarachun, a firm supporter of the Asean Free Trade Area (Afta), has suggested using the Asia-Pacific Economic Cooperation forum (Apec) for a
    370 words
  • 294 1 Reuter BEIJING China has said it is planning countcr-mca-sures in case the US goes forward with a US$3.9 billion (556.2 billion) list of punitive tariffs to force Beijing to open its market. The report by the Xinhua news agency
    Reuter  -  294 words
  • 235 1 AP BEIJING A top economist says China will increase market access and shift to a single, hard currency to meet requirements for rejoining the General Agreement on Tariffs and Trade, an official newspaper said yesterday. The China Daily reported
    AP  -  235 words
  • 480 1  -  Lawyers urged to develop regional perspective By Ramesh Divyanathan SINGAPORE Singapore may be producing more lawyers than it needs. Deputy Prime Minister and Trade and Industry Minister Lee Hsien Loong said yesterday. The government is studying the matter and will
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  • Page 1 Advertisements
    • 226 1 Cassette Recwver C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone 235 1333 KmU Lumper Phone, 757 0233 Pawn* Phone *****5/*****4 Jakarta: Phone 374 085/*****72 I Advertising Marketing 14 Interbank Fore* Rates 27 TV 4 Radn 12 Aircraft Schedule 29 Jtt/Bkk/China Stocks 23 Unit Trusts 22 Commodities 28
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    • 8 1 IBM to unveil 21 PC models, Pg 3
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    • 9 1 US wants Taiwan to cancel French deal, Back Pg
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    • 85 1 I A I RODENSTOCK Let market decide, say some lawyers, Pg 3 Hock Lock Siew: Acma set to rise on hot and cold air, Pg 4 _^BMBM^BHMBi sole vKCv Monei Marketing M» lid T*: 714 Boutique*: #0130 Tel 737 4509 Paragon By Sogo 734 9935 VL Opei Daily 10 Warn
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 52 2 FIRE broke out in a crude distillation unit of Mobil Oil's Jurong refinery early yesterday morning, but was extinguished within half an hour. No casualties were reported and the cause of the fire is still being investigated. Another unit at the refinery is still
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      • 94 2 SINGAPORE'S national expenditure on drugs grew nearly 50 per cent to SS37O million last year from SS2SO million in 1986. On a year-to-year basis, that was an increase of 9 per cent annually, said the Minister for Health and Community Development, Yeo Cheow Tong, at
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      • 54 2 THE Singapore Polytechnic says that for its students to learn from Germany's technological and industrial experience, they must be exposed to the German language and culture. This would enable them to "access the technology more readily" and advance faster, said principal Khoo Kay Chai at yesterday's
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      • 34 2 THE Singapore Broadcasting Corporation and China Central Television have jointly produced a 90-minute programme on the Autumn Festival. The show will be telecast simultaneously in Singapore and China tomorrow.
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    • 413 2  -  Singapore's environmental track record one of region's best By Genevieve Cua SINGAPORE Businesses in Asia generally drag their feet in adopting pollutioncontrol measures in the belief that it will take 10 more years before Asian environmental laws become as stringent as those of
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    • 421 2  -  By Shoeb Kagda SINGAPORE Singaporebased US Trading Co, an agent for the Aluminum Co of America (Alcoa), has set up a representative office in Hanoi to tap the growing demand for industrial metals in Vietnam. The move north
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    • 351 2  -  By Teh Hooi Ling SINGAPORE The Information Technology Institute (ITI) a research arm of the National Computer Board is venturing abroad. It will try to sell its innovations in information technology overseas, a move that could help other local companies working with it
      351 words
    • 171 2 Reuter HONGKONG Hongkong prime office rents are set to overtake Tokyo's by late next year or earty-1994 as the British colony booms and Japanese real estate slumps, according to an international property consultant While prices in Hongkong's home property market soared up to
      Reuter  -  171 words
    • 435 3 Expansion into low-end market spells trouble for 'clone' makers AP, Asahi News Service NEW YORK IBM was to unveil yesterday 21 personal computer models aimed at home and small-business users, a significant expansion into the low-price market that spells new trouble for "clone" computer
      AP,; Asahi News Service  -  435 words
    • 462 3 SINGAPORE British Petroleum (BP), which yesterday became the second oil major in Singapore to receive operational headquarters (OHQ) status, will decide by early-1993 whether to proceed with a long-delayed tJSS 1 billion (about Ssl.6 billion) refinery upgrading plan. Feasibility studies for the project,
      Picture by Arthur Lee  -  462 words
    • 356 3 Reuter WASHINGTON Wary US consumers paid down their debts for a sixth month in a row in July, too fearful about the future to boost spending that might fire up the struggling economy, the Federal Reserve said on Tuesday. Trailing in public opinion
      Reuter  -  356 words
    • 382 3  -  BG Lee's speech on glut of lawyers By Ramesh Divyanathan SINGAPORE Let market forces decide whether there are too many lawyers in Singapore, said a majority of the lawyers BT spoke to yesterday. They were responding to Deputy Prime Minister Lee Hsien Loong's
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    • 126 3 Knight-Ridder TOKYO Britain will introduce a new law in Parliament in October that will toughen existing laws against insider trading, the Financial Times reported yesterday. The law is aimed at improving the government's poor prosecution record against companies and individuals that profit from
      Knight-Ridder  -  126 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 48 4 SINGAPORE The DBS Bank and Sembawang groups continued their purchases of Tat Lee Bank shares this week. On Monday, Sembawang Investments bought 181,000 TLB shares for $552,880. DBS Nominees (Pte) Ltd followed suit the next day with 175,000 shares for $541,168.
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      • 27 4 SINGAPORE Chong Hon Leong has resigned from the board of directors and as joint company secretary of Bousteadco Singapore as of Sep 7, 1992.
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      • 40 4 SINGAPORE George Chan Wai Ho has resigned as director of Abacus Travel System Pte Ltd, a Singapore Airlines subsidiary, as of Sep 1, 1992. He will be succeeded by Brian Chou Kuo-Hsing, the company's vice-president for marketing.
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      • 64 4 KUALA LUMPUR Hong Leong Credit (HLC), in relation to the mandatory cash offer for ordinary shares in Malaysian Resources Corp (MRCB), has received acceptances for 10.91 million MRCB shares representing 5 per cent of the latter. HLC and parties acting in concert now own
        64 words
    • 396 4  -  But Opel dealership pushes operating profit down By Rahita Elias SINGAPORE Singapore Automotive Engineering (SAE), a member of the Singapore Technologies group, chalked up a 12.5 per cent increase in net group earnings to $3.2 million for the six months ended June
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    • 278 4 SINGAPORE Listed Singapore Petroleum Company (SPC), which yesterday launched the first phase of its Pulau Sebarok oil terminal, is planning to invest a further $50 million to $60 million under a third phase expansion programme. Cheng Hong Kok, SPC's
      278 words
    • 610 4  -  THE HOCK LOCK SEW COLUMN Company to profit from new range of heating and airconditioning products By William Chia SINGAPORE Life has come full circle for Acma Ltd. The former air-conditioner-cum-refrigerator maker, which in the last few years has made its
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    • 314 4  -  By Shoeb Kagda SINGAPORE OCBC Bank said yesterday that it will use the proceeds from its one-for-five rights issue as additional working capital. The rights issue will generate an estimated $413.6 million, after deducting about $1.1 million in expenses, the
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    • 237 4 AFP TOKYO Japan's Honda Motor Co Ltd plans to form a joint auto-part venture with Malaysia's Oriental Holdings Bhd to produce gauges, a Honda spokesman said yesterday. The joint venture, named Honda Autoparts Manufacturing, will be set up in Malaysia by the
      AFP  -  237 words
    • 316 4 MBT KUALA LUMPUR After becoming the first plastic injection company to be listed on the Kuala Lumpur Stock Exchange, in September last year, Sanda Plastics Industries has achieved another first by becoming the only Malaysian company to date to set
      MBT  -  316 words
    • 61 4 KUALA LUMPUR Malaysia's Deputy Finance Minister Abdul Ghani Othman (second from left) officiating at a signing ceremony between Koperasi Usaha Malaysia Berhad chairman Hassan Harun (extreme left), Fujitsu Ltd director Ryoichi Sugioka (second from right) and Marubeni managing director Hidesuke Murakami (extreme right) yesterday. The joint venture
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    • 550 5 Move expected to boost share prices Reuter BOMBAY India is cxpectcd to take the first major step towards opening its stock markets to foreign investors shortly in a move likely to further boost equity prices, says the head of the Bombay Stock
      Reuter  -  550 words
    • 445 5 Company expects to source quality Robusta locally in near future Bernama SIK, Kedah Nestle (Malaysia) Bhd will be sourcing 6,000 tonnes of Malaysian coffee beans annually in the near future. In its effort to cut down dependency on imports of coffee beans, which
      Bernama  -  445 words
    • 225 5 Bloomberg TOKYO Current profit for Japanese companies whose shares trade in the over-the-counter market will rise 7.2 per cent in the year to March 1993 on a rise of just 0.5 per cent in sales, according to a survey of 120
      Bloomberg  -  225 words
    • 198 5 Bloomberg SYDNEY New Zealandbased Lion Nathan Ltd and Pepsi Cola International yesterday announced a new joint venture to produce, distribute and market PepsiCo soft drinks in Australia and New Zealand. Lion Nathan is the largest liquor group in Australia
      Bloomberg  -  198 words
    • COMPANY BRIEFS
      • 108 5 TOKYO Hitachi Maxell, a leading manufacturer of magnetic tapes for audio and video-cassette recorders, has developed invisible bar-codes, which give manufacturers a freer hand to design packages and can prevent the use of fake credit cards and pre-paid cards, the company announced on Tuesday.
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      • 79 5 TOKYO Japan's Minebea Co Ltd said on Tuesday it expected to sustain a net loss of nine billion yen (SSII6 million) in the year to September, reversing its net profit forecast of 500 million yen. A Minebea spokesman blamed the sharp decline on sluggish sales
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      • 104 5 TOKYO Japan Broadcasting Corp (NHK) said on Tuesday it will buy a back-up broadcasting satellite from General Electric (GE) of the United States. The satellite is to be launched in April 1994 to supplement NHK's two existing satellites, codenamed BS3a and BS3b, the publicly-financed network
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      • 98 5 TOKYO Japan's Nippon Steel Corp and Sumitomo Corp said on Tuesday they won an order from an Iranian state steel company for a six billion yen (Ss77 million) converter to produce crude steel. The Japanese companies said Iran's Esfahan Steel Co planned to expand its
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      • 98 5 TOKYO Nippon Investors Services Inc said on Tuesday it was reviewing its credit ratings for Nissan Motor Co Ltd following the Japanese carmaker's recent forecast for a net loss in the current financial year. The rating agency said the review affected its triple-A rating for
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    • 526 6 Experience in technical aspects seen as Alexander Trotman's edge NYT DETROIT As Ford Motor Co gets ready to name a new chief executive, a onceremote prospect, Alexander JTrotman, has suddenly emerged as the favourite to succeed Harold A (Red) Poling when
      NYT  -  526 words
    • 217 6 FT LONDON GPA Group, the world's largest aircraft leasing group, was expected to have asked some of its biggest shareholders yesterday to support a new issue of shares aimed at raising about US$3OO million. For the first time since the group's international
      FT  -  217 words
    • 389 6 AP NEW YORK Olympia and York Developments Ltd (O&Y) agreed on Tuesday to sell a 53-storey skyscraper to bondholders in perhaps the biggest debt restructuring of its kind to involve a US office building. To some, O&Y's surrender of
      AP  -  389 words
    • 296 6 NYT NEW YORK Despite a persistent recession that has hit its most loyal customers especially hard, the US cellular telephone industry reported record growth in the six months ended June 30, with nearly 8.9 million subscribers. The number of subscribers grew 17.6
      NYT  -  296 words
    • 180 6 Reuter LONDON Britain's largest life insurer, Prudential Corp pic, yesterday announced a 46 per cent jump in first half pre-tax profit to £249 million (***** million). It said the result was encouraging and reflected the profit stability of its long-term businesses. The pre-tax profit was
      Reuter  -  180 words
    • 72 6 NEW YORK Following similar consolidations by other big energy companies. Sun Co said on Tuesday that it may sell off its coal-mining and coke-making operations. Such a sale was one of a number of "strategic alternatives" the company said it was exploring with Lehman
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    • 140 6 PARIS French food group BSN reported lower earnings for the first six months on Tuesday, while textile group DMC said its net result had improved. BSN said it had a groupshare net result for the year's first six months of 1.95 billion French francs (SS6SI
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    • 94 6 NEW YORK The New York Times Co said on Tuesday that it expects its closing of the money-losing Gwinnett Daily Sews will reduce its earnings by about 45 US cents a share in the third quarter ending on Sep 30. The charge is likely to result
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    • 64 6 SEAL BEACH, California Rockwell International Corp is to collaborate with a Russian company on a system that would enable the US space shuttle Atlantis to dock with Russia's Mir space station. Rockwell officials had signed an agreement for the Russian aerospace company NPO Energia to develop
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  • Page 4 Advertisements
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  • Page 6 Advertisements
    • 109 6 Open your mind to hospitality that knows no bounds. Peace and tranquillity in the heart of the city. Eden evoked in this tropical garden paradise. Mw/rM Nowhere else will you find such standards of excellence. In Manila, there is now the Shangri-La's Edsa Plaza Hotel. Enjoy special introductory rates: US$9O
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  • FINANCIAL NEWS
    • 573 7 IHT PARIS In what could be a preview of wider European exchange rate turmoil to come, Finland cut its currency loose on Tuesday to sink downwards as Sweden raised interest rates sharply, to a record 24 per cent, to defend the stability
      IHT  -  573 words
    • 132 7 AFP STOCKHOLM The Swedish central bank increased its key short-term lending rate to 75 per cent yesterday. The central Riksbanken said that it was increasing the rate by 51 percentage points from 24 per cent. The rate of 24 per cent had been set on Tuesday
      AFP  -  132 words
    • 356 7  -  By Soh Tiang Keng SINGAPORE Lim Shu Chiau is now the top regulator of Singapore's insurance industry. Mrs Lim, who was director of the Insurance Commissioner's Department at the Monetary Authority of Singapore, has been appointed acting insurance commissioner, replacing the former commissioner, Law Song
      356 words
    • SMALL CHANGE
      • 94 7 BRUSSELS Generate Bank SA, Belgium's biggest bank, said 1992 first-half depreciation and loan loss provisions rose from the first half of 1991, reflecting the worsening economic climate in Belgium and abroad. Depreciation, provisions and write-offs rose to 5.80 billion francs (Ss3l9 million) from 5.20 billion
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      • 102 7 BERNE An ombudsman should be appointed to mediate in cases of dispute between Swiss banks and their customers, the Swiss Banking Association said. It said in its annual report that the proposal would be put to its member banks at their yearly meeting on Sep
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      • 63 7 PERTH, Australia An independent body is to investigate the possibility of legal action against the Western Australian government after investors lost millions in a failed finance group, the state's Legal Aid Commission announced yesterday. The body investigating the state government's liability in the collapse of
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      • 70 7 AMMAN Jordan has turned down conditions imposed by Israel on Jordanian banks seeking to reopen branches on the occupied West Bank shut since the 1967 war, a well-informed source said on Tuesday. Israel has agreed to let the Bank of Jordan and the Arab Bank resume
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    • 311 7  -  By Kooi Cho Teng SINGAPORE Thailand's Bank of Asia plans to tap offshore capital markets for US$2O million (Ss32 million) for general funding purposes. The mandate for the oneyear loan was awarded on Tuesday to Banque Francaise du Commerce Exterieur and Hongkong-based
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    • 393 7 NYT NEW YORK In what may be the final postscript to the Wall Street securities scandals of the 1980s, a federal judge in Manhattan on Tuesday set aside the prison sentences and U*****,000 *****,000) fines of two defendants closely
      NYT  -  393 words
  • Page 7 Advertisements
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  • THE REGION
    • 483 8 Reuter KUALA LUMPUR Work on Kuala Lumpur's new MsB billion (555.12 billion) airport, Malaysia's largest public project, will begin in mid--1993 and the first planes will land on schedule in 1997, if everything goes as planned, government officials say. Any
      Reuter  -  483 words
    • 382 8 Reuter KUALA LUMPUR The Malaysian Cabinet has approved a draft Bill to establish a powerful Securities Commission to oversee the capital and financial futures markets, Finance Minister Anwar Ibrahim said yesterday. The draft Bill, approved at a Cabinet meeting on Tuesday, will be
      Reuter  -  382 words
    • 391 8 AFP STUNG TRENG, Cambodia Minorities, foreigners and army deserters are rapidly deforesting northern Cambodia and the UN should take action to stop it, UN peacekeeping chief Yasushi Akashi was told on Tuesday, on a visit to this northern provincial capital. Rosewood and teak forests
      AFP  -  391 words
    • 320 8 Reuter MANILA The Philippines needs at least US$2O million (5531.8 million) to repair roads, bridges and buildings badly damaged by mudflows from Mount Pinatubo volcano, but does not have the cash. Budget Secretary Salvador Enriquez said on Tuesday. He told a
      Reuter  -  320 words
    • NOTE BOOK
      • 85 8 MANILA Communist and government officials said yesterday that peace talks could be held to end the 23-year insurgency even without a formal ceasefire. Last week, government and rebel emissaries agreed to continue efforts to resume peace negotiations, which collapsed in 1987. No
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      • 71 8 MANILA The Philippines wants to negotiate an extradition treaty with the United States because criminals seek refuge in both countries, the Justice Secretary said yesterday. There was no immediate comment from the US Embassy. "As it is, the United States has become a sanctuary for
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      • 37 8 NEW DELHI Vietnam's Communist Party chief Do Muoi, who is in India on a six-day official visit, placed a wreath at a memorial to Mahatma Gandhi, father of the Indian nation, yesterday.
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      • 71 8 BANGKOK Thailand is pressuring Myanmar's ethnic Shan guerillas, led by narcotics kingpin Khun Sa, to move away from the border between Thailand and Myanmar, an army radio station reported yesterday. Extra troops had been sent to the Mae Hong Son-Shan State border after a recent meeting
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  • Page 8 Advertisements
    • 677 8 i HOUSING DESIGN jointly organised by T\ fiEAL ESME DCV^LOPSB" 4 f DEVELOPMENT V assooahon of aNGAPoa I"! BOARD HOUSING DESIGN CONFERENCE Date 25 September Venue: Stamford Ballroom, Raffles City Convention Centre It is the aim of the conference to explore new possibilities and proposals for housing design with the
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  • THE WORLD
    • 387 9 US sale of F-16s will make other nations reconsider ban: analysts Reuter TAIPEI Taiwan's US$6 billion (559.5 billion) deal to buy up to 150 F-16 jet fighters from the United States may pave the way for a series of major arms
      Reuter  -  387 words
    • Article, Illustration
      87 9 AP HOMESTEAD, Florida A sign posted outside a tent raises a small chuckle from passers-by in the US military's tent city here. About 1,300 people are staying on the site, which is the largest in the area devasted by Hurricane Andrew. President George Bush said on Tuesday he
      AP  -  87 words
    • 316 9 Reuter VIENNA Tough "stabilisation" policies to squeeze out inflation in eastern Europe as it moves from a communist to a free market economy may be making the change even harder, a Vienna think-tank says. The high-interest rate and balanced budget policies of
      Reuter  -  316 words
    • 292 9 NYT NEW YORK A surprisingly high number of psychotherapists have been victims of sexual or physical abuse, a new study shows. Results from a national survey of clinical and counselling psychologists showed that 70 per cent of the women and one-third of the
      NYT  -  292 words
    • 440 9 Reuter STOCKHOLM Countries queueing to join the Economic Community (EC) say French approval of the Maastricht treaty is vital to Europe, but a French "no" on Sep 20 may well do them some good. "It will certainly be easier to get a
      Reuter  -  440 words
    • 343 9 NYT TRENTON, New Jersey The man accused of abducting a top Exxon official pleaded guilty on Tuesday to seven counts of conspiracy and extortion, describing in detail a ransom scheme that went brutally awry and ended, he said, with the victim dying in his
      NYT  -  343 words
    • WORLD WATCH
      • 82 9 UNITED NATIONS Iraqi President Saddam Hussein is sending an envoy with considerable experience in Washington to represent his country at the UN, apparently with the daunting task of persuading Washington to ease pressure on Baghdad. The envoy, Nizar Hamdoun, a former under
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      • 79 9 BEIJING China's conservative courts, outraged at the illegal publication of Black Lust, Doctor Love and the Sea of Passion, sentenced one pornographer to death and two others to long prison terms, an official newspaper said yesterday. In an illegal publications case that the Hen Hui Bao said
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      • 70 9 SARAJEVO Two French officers of the United Nations peacekeeping force were killed on Tuesday when their UN convoy was raked by machinegun fire outside the besieged Bosnian capital, Sarajevo. Three other French soldiers with the UN Protection Force were wounded. The convoy was bringing a weekly
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      • 63 9 TOKYO A Japanese reporter getting an advance taste of imported California-made sushi, freshly frozen but thawed in 30 minutes, yesterday. It is to be introduced in Japan for the first time by the end of the year. An Osaka sushi bar chain is hoping to
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      • 72 9 BRASILIA President Fernando Collor de Mello has moved closer to his possible impeachment after receiving an order from Brazil's Congress to have his defence against corruption charges ready in a week's time. The president of the Lower House, who is responsible for setting the timetable for
        72 words
      • 69 9 TOKYO A Chinese foreign policy expert said on Tuesday that Beijing has not purchased a Ukrainian-built aircraft carrier and "will not participate in an arms race". Xu Dan, deputy director of China's Institute of Contemporary International Relations, told a symposium commemorating the 20th anniversary of normalised
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  • Page 9 Advertisements
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  • 474 10 EDITORIAL WHILE Singapore may have transformed its economy unrecognisably over the last few decades, one thing has remained constant: its role as an entrepot. It started out as a trading post, buying spices and other raw materials from its neighbours and selling them to the rest of
    474 words
  • WHAT THE OTHERS SAY
    • 319 10 NEWCOMERS to Singapore who find themselves at a Chinese dinner could be forgiven if they leave with the distinct impression that Singaporeans are like the natives of many a mythical banana republic. These, according to Western fables, have had their sense of time dulled by the
      319 words
    • 78 10 OFFICIATING at the Riseap Conference, President Wee Kim Wee congratulated Singaporeans for being able to accommodate the religious life in a secular setting. This trait, he said, is the cornerstone of the multi-religious society of Singapore. Despite the secular setting, Muslims in Singapore and the region have the
      78 words
    • 105 10 THE SUCCESSFUL meeting of NAM in Jakarta proves that the movement will not only endure but also continue to grow. Although the summit cannot resolve the issues of racial conflicts in Eastern Europe, racial discrimination in South Africa and peace in the Middle East, it has
      105 words
  • REGIONAL VIEWPOINTS
    • 170 10 THE 10th Non-Aligned Movement (NAM) Summit set itself the right, yet most challenging, task of helping to solve the debt problems of the developing countries. It is indeed the right mission to undertake because the debt overhang, estimated at US$l.3 trillion, has caused a major drain
      170 words
    • 184 10 NAM's basic weakness is it is too broad and too big to be effective. With 60 heads of government in attendance, 95 nations represented at the summit, and 108 members, with the number still rising, there has to be something for everybody. If the nations of NAM are
      184 words
    • 149 10 THE END of Asia's last Maoist insurgency is in sight. In coming weeks and months, it appears, new Philippines President Fidel V Ramos intends to try to convince the Communist Party of the Philippines (CPP) to stop the battle-field war and fight for national development.
      149 words
  • 716 10  -  Laurence Zuckerman profiles Johnson Electric Holdings, a Hongkong company whose micromotors are proving to the world that the 'Made in China' label need not be synonymous with low quality Laurence Zuckerman IHT Despite a global decline in consumer spending that is cutting into
    IHT  -  716 words
  • Page 10 Advertisements
    • 323 10 THE WINNING EDGE IN-DEPTH business mmm I I. 1 J Lj For over two decades Singapore Business has covered I I j y Y ij the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other publication.
      323 words
  • Page 10 Miscellaneous
    • 42 10 DOONESBURY GARRY TRUDEAU MR.RECFERN* LHAT* YOUSEEM PO YOU KNOW to YOU CAN KJS&YOU* HMYOU6OTA REPORT* rHTKAI' AddRRE- HQUTOGETBf LMVdMe OH...AD- f&JHNUW&IP 0H..5URE... £)N OCCJUPIEP THE HAMMER En. HERE, CAP I MONT... !XM>V6O<MR FINE... SEE TODAY, MR BROTHERS IN 1 JEfF$ REPORT REPFZRN
      42 words

  • ANALYSIS
    • 804 11  -  Texans want jobs and President George Bush wants their votes, but the US decision to sell its F-16 fighters to Taiwan is bound to infuriate China. Amy Bonus, Joyce Barnathan and Stewart Toy examine the implications Amy Borrus, Joyce Barnathan, Stewart Toy
      804 words
    • 566 11  -  The PC industry is undergoing global restructuring. Lower prices and newer technologies are changing the way the industry works. How has the PC become so cheap and how are local companies coping? Claire Leow finds out Claire Leow IN THE FACE of the global shakeout in the
      566 words
    • 456 11 LOCAL personal computers (PCs) makers are rushing out their latest machines as they fight a bruising price war. Last month, when Intel launched its latest 486 DX2 chip which runs at 66 megahertz, local firms IPC and GES unveiled 486 DX2-66 machines within 24 hours. Intel's
      456 words
    • 410 11 PERSONAL computers (PCs) are becoming cheaper. One reason is the cheaper costs of components, driving down the costs of making a PC. The other is competitive price-cutting, which creates an insidious cycle leading to some companies folding up. The industry says the worst-hit are makers
      410 words
  • Page 11 Advertisements
    • 213 11 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. the Crn&nt J SINGAPORE Call 733 8888 far reservaaom. 1 GacaJen Road (off Orchard R>«J) Ornipfcrufnton iuift parking Singafxw 1024 o IB Business on credit is the norm in the business
      213 words

  • Page 12 Advertisements
    • 810 12 Nothing Beats A Bikl- where to wine, dine or Sugar 'N Spices is everything nice! fße enchanted by the melodies of Sugar 'N Spices. With renditions of old hits that'll whizz you back to the 50s and II Swimwear Fashion Show ONE PRICE FOR 50 DISHES Enjoy unlimited servings of
      810 words
    • 357 12 DAItfAT Pl^uTH I KK* You'll en)oy our delicious selection of authentic Beijing Dlan Xln served amidst the splendour of an Imperial Court. May we expect you today? w From noon to 2.30 pm. Dtu/A f Ala carte menu available. BfllQ gj 1 &*■*<'" 333 Orchard Road. Singapore 0923. Tet 737*4
      357 words
  • Page 12 Miscellaneous
    • 761 12 TELEVISION AND RADIO fmmmv mwmiwiim *n»y .woweTir. nw*w«mmf, Lt'JWttMwwyowMtHiMinaiiiMnniiaowmnaNwaMm^eniwE^^snr^^ianwMnwnwNwawwwwawaNNMMMMHMMMMHMMWNMi^^ D QV a m „.SElH'" aSSETr- BUSWESSOWRAD, I\dVC Oil 7-25 "«Open,n e fonowcby n, ||g iuj, taiffS'. "fr M j*„*■-?,.^, ■PHnfmW T- 8.00 CMnese Opera Tic Mian i .4$J V-«" J '-< 10 00 WoridNm (M) World Business Report l( X>an
      761 words

  • LIFESTYLE
    • 921 13  -  That venerable British institution may yet have the last laugh if two men get their way. Suzanne Cassidy reports on their efforts at revival Suzanne Cassidy NYT FOR one of Britain's most venerable publishing institutions, Punch magazine, there may yet be life after death. Bill
      NYT  -  921 words
    • Article, Illustration
      738 13  -  Once a clan heritage passed on from Scottish laird to son, the tartan is now enjoying international popularity, reports Jill Seijeant Jill Serjeant Reuter YOU don't have to be a Campbell or a Mac Donald to sport your own tartan these days. Long a symbol of Scotland,
      Reuter  -  738 words
    • 556 13 CHATTERBOX BRITAIN'S Princess Diana met Mother Teresa in London at an unpublicised meeting at the weekend, Buckingham Palace said on Tuesday. "She asked if the princess was able to see her, really so she could thank her for her visit in Rome in February
      556 words
    • 80 13 LOS ANGELES Actress Mary Tyler Moore (centre) showing off her new star on the Hollywood Walk of Fame as Mary Tyler Moore Show co-star Valerie Harper{left) and Dick Van Dyke Show co-star Morey Amsterdam Joke around at a Tuesday dedication ceremony. Moore, best-known for her
      80 words
  • Page 13 Advertisements
    • 242 13 AND ENTERTAIN A PASTA PARADE There's more to pasta than meets the eye. Savour pasta in a multitude of ways. At Cafe-in-the-Park Every Thursday BuJJet Lunch from 12 pm Buffet Dinner from 6.30 pm a Al Sl9.So++per person For reservations, please call SINGAPORE 732-1222 extension 1700 16 HAVE A LAYER
      242 words
    • 90 13 CITCUfON THE JI Jill BOARD The best deal in town returns to Nishiki again! Eat-As-Much-Sushi-As-You-Can in September. Available only at the sushi counter of Nishiki Restaurant. Priced at||jjjo |jjjjjj| $48.00+ |jjjjjj| per person, you can certainly enjoy a really sumptuous lunch! Available from 7 to 30 September '92 For reservations,
      90 words

  • ADVERTISING & MARKETING
    • 477 14 Ignatius Low flips through the pages of Lianhe Zaobao WHAT do you do when somebody you know has become an award winner in the latest National Day honour list? To many, a simple handshake is no longer enough. To show true appreciation,
      477 words
    • 254 14  -  Outdoor market massive, they tell Kooi Cho Teng Kooi Cho Teng FOUR advertising professionals have formed a company to serve Indochina's growing outdoor advertising market. The company, Indochina Media, was set up in April by Singaporeans Dennis Sim and Irwin Kelaart, Malaysian
      254 words
    • 174 14 Bernama THE proposal to abolish advertisements in English in Malaysia should be considered in a rational manner and not in haste, Prime Minister Mahathir Mohamad said in Kuala Lumpur yesterday. He said such a move should suit the situation because the language was still an
      Bernama  -  174 words
    • 325 14 Industry hit by advertisers going bust, competition from cable TV NYT UNTIL recently, a radio station seemed the closest thing to the US Mint for making money: pick a format popular with listeners and advertisers all-sports, all-heavy metal, or all-horoscope and
      NYT  -  325 words
    • 635 14 The protective rubber is still a sensitive subject NYT Despite growing public awareness that the use of condoms can help prevent Aids, ads for condoms are not appearing on Tokyo television. Koji Hirano, managing director of industry leader Okamoto Industries Inc, said TV stations
      NYT  -  635 words
    • 379 14  -  Ignatius Low looks at the bread maker's aggressive marketing campaign to increase its market share Ignatius Low MAN does not live by bread alone. These days, he goes by nutritional value, texture, taste, colour, and yes, the wrapper as well. In response
      379 words
  • Page 14 Advertisements
    • 64 14 m I A Y"! Good luck on your v£jC I Round-the-world-in-1 00-Days Mm „ll n I C H A Mr AC N I U I Charles Heidsieck i J J in t/u FOOTSTEPS of Watch out for our commercial CHAMPAGNE CHARLIE flash on channel 5 at 9.30pm tonight. IHH (Remy
      64 words
    • 88 14 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Tunes every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words

  • Page 15 Advertisements
    • 382 15 «w m ~'%m mmm m w*wf? <*m wwmw »>m i I I We salute Far East Levingston Shipbuilding Ltd, flWft I builder of four of Santa Fe's newest Harsh Environment Jack-up Rigs, on its 25th anniversary sf MAERSK DRILLING I Santa Fc Drilling Co. 1 1000 South Fremont Avenue 50
      382 words

  • Page 16 Advertisements
    • 394 16 Fas, w a worlddass shipyar 6f lIJ I\ I the ocean industri production platform for Brazil's state-owned oil company BE J W McLean I th t^ I 9°°d example is Galaxy I, the first Universe cla Following FELS' success in the *****, JL environment jack-up rig. Delivered in Augus SlaK]
      394 words

  • Page 17 Advertisements
    • 543 17 i^^^BHH Iddass shipyard I i ocean industries <& 192 y -yisfiro® pßs HiEfx! J& 12 *r *Urirk yjffl J ind tugs. Today it is known It is currently building two giant jack-ups for A P Moller, another rig SjL :l: airer of offshore rigs. In the for Santa Fe and
      543 words

  • Page 18 Advertisements
    • 512 18 est Wishes to Shipbuilding Ltd I I umm I Ed COURTAULDS THONG SENG METAL PTE. LTD. K1 coatings I tmm S COURTAULDS COATINGS SINGAPORE PTE LTD 365 Jalan Besar I Marine, Yacht, Industrial, Packaging Protective Coatings. Manufacturer Distributor. I Singapore 0820 3 Neythal Road Jurong Town Singapore 2262 3 r
      512 words

  • SPORTS
    • 747 19 US Open AFP NEW YORK Ivan Lendl advanced to the quarter-fi-nals of the US Open on Tuesday night with a 6-7 (4/7), 6-2, 6-7 (4/7), 6-3, 6-4 victory over Boris Becker that took a record five hours. In fact, Wednesday morning had rolled around when Lendl sealed
      AFP  -  747 words
    • 905 19  -  Ramesh Divyanathan analyses the power and potential of the awesome New Zealand rugby team. Ramesh Divyanathan SINGAPORE Chastened by the ignominy of their exit from last year's rugby World Cup, the once-invincible All Blacks appear to be bouncing back this year, albeit with
      905 words
    • 288 19  -  By Susan Tsang SINGAPORE Tennis fans are cordially invited to the Honda-Kah Singapore Men's Tennis Open, which will be held from Sep 21 to 27. Entry to the tournament is free and, as an added incentive, there will be a lucky draw for
      288 words
    • SIDE LINES
      • 96 19 BLACKPOOL, England Joe Johnson on Tuesday showed signs of the form that earned him the 1986 world snooker title to score his first win over world number two John Parrott in the fourth round of the European Open. The 40-year-old, who suffered a serious
        96 words
      • 58 19 m BADALONA, Spain Reggie Colton scored 13 points and Curtis Bell added 12 as the US beat Japan 69-43 on Tuesday in the men's wheelchair basketball competition of the Para- lympic Games. The victory kept the US team atop Group B? in first-round play with a record
        58 words
      • 102 19 LONDON A leading British rally racing team was used as» a cover by cocaine traffickers. Customs officials said onTuesday that 10 people in a trafficking ring have been arrested following the discovery of 40kg of cocaine, worth £6 million (SslB million), in one of the team's
        102 words
      • 57 19 LEEDS, England West Indies Test skipper Richie Richard-£ son will be Yorkshire's overseas player next season. The--30-year-old batsman, who has been playing English Leagued cricket with Blackpool this summer, has signed a one-year" contract. Richardson said: "I've always wanted to play cricket in England and I regard this
        57 words
      • 76 19 BOSTON Interest in chess in the US is growing to Bobby Fischer's emergence from seclusion to play a re~ match against Boris Spassky, enthusiasts say. "We're getting!!: phone calls around the clock," said Daniel Edelman, assistant director of the US Chess Federation. "It's taking off like
        76 words
      • 55 19 MORATUWA, Sri Lanka Australia, resuming from an' overnight 287 for 8, were bowled out for 337 in the eighth; over after lunch on the second day of the third and final Test; against Sri Lanka yesterday. Wicket-keeper lan Healy was thelast man out after obtaining his highest
        55 words
    • 468 19 LONDON Frenchman Bruno Saby, driving one of the two Mitsubishi Pajeros in the Paris-Moscow-Beijing Rally, closed the gap between him and rally leader Pierre Lartigue by three-and-a-half minutes after winning a dramatic high speed chase across the steppes of Kazakhstan between
      468 words
  • Page 19 Advertisements
    • 106 19 BUSINESS TIMES Toll It— Tel No 737 OQ«3 Fax No: 734 3686 J In-House Legal Counsel (Regional) I A leading European bank seeks a highly qualified M individual for the above position. The person appointed will be based in Singapore and be required to provide legal advice and assistance to
      106 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3861 20  -  By Lilian Ang SHARE PRICES on the Singapore stock market closed broadly lower yesterday on thin volume, with trading still focused on speculative Malaysian counters. The blue-chip Straits Times Industrials Index shed 8.66 points to finish the day at 1,368.54, while the broaderbased
      3,861 words
    • Article, Illustration
      79 20  -  Quak Hiang Whai SINGATRONICS, which stood at 90 cents early this year, has dropped dose to its long-term support of 51 cents and any fall below this should be seen as an opportunity to buy. Short-term stochastics and RSI are currently at around 50, showing the stock could
      79 words
  • Page 20 Advertisements
    • 49 20 CALL MILANO'S HOT DELIVERY HOTLINE NOW! 468-2222 i for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! Oftice/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of SlO.OO $3.00 surcharge for delivery after 11.00 pm. tfILANO AllblM AHHcntestbjle mmmmmmmmmmmmmS
      49 words


  • 3257 22 UMW 334 22 +7.1% Landmarks Bhd 112 +7 +6.7% NST 254 +6 +2.4% YTL Corpn 50* 150 6 4.2% M Banking 560 +5 0.9% MMC I0« 123 +5 +4.2% Multi-Purpose 84 +4 +5.0% Tractors 50* 181 +4 +2.3% Antah Hldgs 50* 105 +3 +2 9%
    3,257 words
  • Page 22 Advertisements
    • 916 22 BJJSINESSTIMES Toll free Tel No 737 0043 Fax No: 734 3608 UNITED OVERSEAS LAND LIMITED (Incorporated m Singapore) LOST STOCK CERTIFICATES The undermentioned stock certificates have been reported lost mislaid or destroyed CiftfflCHNa. In the Maine of No of Stock. *****19-3 Chieng Susy Mdm 1 x 1.000 *****94-6 to *****96-8
      916 words
    • 176 22 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF NOBLE FORWARDERS PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. SO that a Final Meeting of the Members of the abovenamed
      176 words

  • STOCK EXCHANGE OF THAILAND
    • 2138 23 Reuter BANGKOK stocks closed sharply higher yesterday on heavy turnover of 10.4 billion baht with blue chip banks and finance companies leading the rally. The SET Index ended 12.43 points higher at 782.85. Advances led declines 141 to 93. Brokers noted that many investors
      Reuter; Source: Bridge Info  -  2,138 words
  • CHINA STOCK EXCHANGES
    • 380 23 CLSA RECOVERY continued yesterday in Shenzhen. The A share market registered a 75point gain to close at 2,432.49. Buy orders from major players in the domestic market continued to boost local confidence. The market's B shares also ended higher. The CLSA Shenzhen B
      CLSA  -  380 words
  • 522 23 Sep 8 Rapiah Vol R"PW» Vol Dankoc 8000 unch ***** AJPPutra 4200 Delta Djk ***** 1450 500 Abda 950 Dharmala Inti...... 2150 A hap Ins 4400 Dharmala Sakti 2300 Alumindo 2900 Anggada 3250 unch 6000 Aqua Golden M 8300 Duta Peitiwi 2050 ArgoPantes 4150 -50 3000 Dynaplast.
    522 words
  • Page 23 Advertisements
    • 164 23 The Jakarta stock market was closed yesterday for Prophet Mohammad's birthday. Below are Tuesday's prices Don't miss Personal Finance Investment in Business Times every Saturday iShinel YOUR KEY TO BETTERBUSINESSDECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035,
      164 words

  • TOKYO STOCK EXCHANGE
    • 2575 24 Reuter TOKYO STOCKS ended sharply higher yesterday, jumping in late afternoon on futures-linked buying. The 225-share Nikkei average surged 593.13 points or 3.24 per cent to 18,875.55. Brokers said technical buying ahead of tomorrow's futures settlement sent futures contracts flying, pulling stocks along in
      Reuter  -  2,575 words
  • STOCK EXCHANGE OF HONGKONG
    • 2472 24 Reuter HONGKONG stocks closed firmer tracking the Tokyo market's 3.24 per cent rise and on optimism over a possible solution to the financing of Hongkong's new airport, following yesterday's SinoBritish talks, brokers said. The blue chip Hang Seng Index put on 26.4 points to
      Reuter  -  2,472 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2035 25 Reuter AUSTRALIAN stocks plunged to a 17-month low as weak overseas markets and uncertainty about interest rates and currency problems weighed on prices. "There are fears about rising interest rates, fears about overseas markets, and there's no support from foreign buyers because the currency's
      Reuter; Source: Bridge Info  -  2,035 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks close easier in active trade
      • 803 25 SEOUL STOCKS closed easier in relatively brisk trading yesterday on the eve of the year's major festival as profit-tak-Ing focused on financial shares overpowered institutional buying, brokers said. The index closed 2.23 points lowfcr at 551.12. I Volume totalled 30.14 million shares valued at 335.59 billion won against Ji.sB
        803 words
      • 73 25 BROKERS attributed yesterday's decline in Bombay to the coming of the end of a two-week settlement period tomorrow. Prices generally fall ahead of these dates as traders need to raise funds to cover settlement payments. J The Bombay Index fell 2.77 points to 3,198.69 and the National Index was
        73 words
      • 575 25 SHARE PRICES in Manila fell in quiet and directionless trading yesterday. The index shed 5.43 points to close at 1,407.47. A rise in the price of PLDT was offset by a 21-point decline in the Dow. It closed at 960 pesos, up five. "The market right now is focused
        575 words
      • 476 25 TAIWAN stocks ended slightly higher after a listless session yesterday as investors were extremely reluctant to trade and sentiment was poor, brokers said. The Weighted Index closed 11.74 points up at 3,770.12, after falling more than 20 points at one stage. Turnover fell to a very thin NTS 16.36
        476 words
      • 297 25 NEW ZEALAND shares followed overseas trends to end lower across the board yesterday, with Fletcher Challenge (FCL) plumbing six-year lows. The NZSE-40 Capital Index finished 12.82 points lower at 1,459.96 on total turnover of about NZ$2O million. FCL slipped below a key NZ$2.3O trigger price to end nine
        297 words
      • 51 25 INDICES TURNOVER Cloae Prcviow Scp9 NEW ZEALAND NZSE-40 Capital 1,459.96 1.472.78 -12.82 MANILA Composite Index 1,407.47 1,412.90 -5.43 Turnover (mil pesos) 160 216 -56 TAIPEI Weighted Price Index 3.770.12 3,758.38 11.74 Turnover (NTS billion) 16.36 21.07 -4.71 SEOUL Composite Stock Index 551.12 553.35 22 i Turnover (billion won) 335.59 365.15
        51 words

  • WORLD STOCK MARKETS
    • US stocks extend losses in sluggish trade
      • Article, Illustration
        1278 26 NEW YORK stocks extended their losses in sluggish trading on Tuesday as Friday's disappointing employment report heightened investor worries about the effect of a.weak economy on corporate earnings. The Dow Jones Industrial Average, which fell 10.27 points on Friday, sank another 21.34 points to 3*260.59. Markets were closed
        1,278 words
      • Article, Illustration
        845 26 LONDON SHARE prices fell on Tuesday, depressed by a lower Wall Street and pressure on sterling and the dollar, and by increasing nervousness in the futures markets about the near-term prospects for British interest rates. At the close, the FT-SE Index of 100 leading shares was down 34.5 points
        845 words
      • 196 26 FRANKFURT stocks advanced on Tuesday, as the DAX Spot Trend Index rose by 0.25 per cent by comparison with the Monday close, to 1,544.55 points, while the Commerzbank indicator was up 0.9 per cent to 1,723.30. Operators said trading was lively, primarily because of technical factors relating to options
        196 words
      • 257 26 DUTCH SHARES had a dull Tuesday session, closing slightly above worse mid-afternoon levels and waiting for further developments in the dollar. The EOE Index closed 0.69 point weaker at 278.38. Distiller Bols, due to report half year results after bourse close, was 1.00 guilder weaker at 42.40. Brewer Grolsch
        257 words
      • 204 26 THE PARIS bourse suffered a substantial loss on Tuesday, as the CAC 40 Stock Price Index ended the session at 1,763.67, down by 0.88 per cent. The market had started the day on a firm note and was up by 0.08 per cent at the opening and a bit
        204 words
      • 147 26 THE MILAN stock market followed up Monday's plunge with a "technical rally" on Tuesday as the MIB Index closed at 716 points, up by 1.27 per cent. Operators said the extremely low level reached by the prices of some issues in the last few sessions and the lira's relatively
        147 words
      • 258 26 SWISS SHARES closed slightly easier in thin trade on Tuesday. Share prices lost some ground in late afternoon trading as the London stock market eased. The All-Share SPI Index lost 2.3 points at 1,107.1 and the SMI Index of leading shares eased 0.2 at 1,788.1. Easier Swiss franc money
        258 words
      • 207 26 SWEDISH SHARES fell on Tuesday under a dramatic day of turmoil in Nordic financial markets in which Finland floated its markka and the Swedish Central Bank boosted its marginal lending rate to 24 per cent from 16. The Bourse All-Share Index fell 2.90 per cent to 724.82 while the
        207 words
      • 206 26 BELGIAN SHARES, lacking news to steer the market, closed a barren Tuesday session slightly firmer. Business remained weak despite the start of a new two-week forward market trading account. The Bel-20 Index of leading shares closed 1.90 points higher at 1,068.66 with just 480 million francs of shares traded.
        206 words
      • 393 26 SHARE PRICES fell across the board in steady two-way trade on Tuesday as investors took to the sidelines following the Ciskei massacre. But some of the shares bounced off lows in late afternoon trade, dealers said. "There was no massive sell-off, but a mark down of prices across the
        393 words
      • 280 26 TORONTO STOCKS stayed within a narrow range all Tuesday despite weakness stemming from lower Wall Street values, dealers said. The TSE 300 Composite Index closed down 4.8 to 3,451.95 on volume of 29.44 million. Advances led declines 267 to 252 and transactions were valued at C 5308.8 million. "It
        280 words
      • 74 26 INDICES TURNOVER NEW YORK Clote Previous Sep 8 Dow Jones SAP 500 Turnover (million) 3,260.59 414.44 161.44 3.281.93 -21.34 417.08 -2.64 124.38 37.06 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.710.6 2.337.7 410 1.733.4 -22.8 2,372.2 -34.5 298.7 +111.3 FRANKFURT DAX Index 1,544.55 1,540.63 3.92 AMSTERDAM EOE Index 278.38
        74 words
      • 43 26 Vienna Sep 7 Ascfc Akg Holding 2100 Bank Austria (P) 415 +5 E Allgem (P) 1680 10 Jungbunzl ***** 800 Lenzing 580 +4 Leykam 299 +3 Ocslcrr Brau 705 5 Semperit 91 I Steyr 185 5 Veitscher 320 3 Source: Z-Landerbank Bank Austria
        43 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1200 27 REPORTS THE US DOLLAR rose sharply in response to the sale of German marks caused by a dramatic increase in Swedish interest rates during early morning business in London yesterday. The Swedish central bank increased its short-term lending rate to 75
      1,200 words
    • 270 27 Reuter MOSCOW The Russian rouble strengthened on Tuesday for the first time in two months, rising slightly to 207.9 roubles to the dollar. The rouble plummeted to a record low last week of 210.5 roubles to the dollar in hectic trading on
      Reuter  -  270 words
    • 1577 27 SIMEX EUHOPOiLM Open High Lw Sett Est Vol Act/Vol Op/lnt Sep 92 96.83 902 970 5473 ***** Dec 92 96.77 96.78 96.75 96.76 6060 7401 ***** Mar 93 96.75 96.76 96.73 96.73 3243 5858 ***** Jun 93 96.46 96.47 96.45 96.45 2534 3488 6551 Sep 93 96.12 96.15
      1,577 words
    • 410 27 Cross rates sep8 USS SS MS Dm Yen SFr A$ NZS USS 1.5920 2.4890 1.3960 122.70 0.4998 1.2360 1.4006 1.8484 SS 0.6281 1.5634 0.8769 77.0729 0.3139 0.7764 0.8797 1.1611 MS 0.4018 0.64 0.5609 49.2969 0.2008 0.4966 0.5627 0.7426 Dm 0.7163 1.1404 1.7830 87.89 0.3580 0.8854 1.0033 1.3241
      410 words
    • 544 27 Interbank rates S$ Bid Offer Overnight 3/4 I 1-month 1 1/2 I 5/8 2-month I 11/16 1 13/16 3-month 1 13/16 1 IS/16 Overnight mode: 3/8 US$ Bid Offer 7 days 3 1/16 3 3/16 I month 3 1/8 3 1/4 2 months 3 1/8 3 1/4 3
      544 words
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  • COMMODITIES
    • 538 28 Supplies diverted to Arctic North for winter, says Rosnefteprodukt Reuter MOSCOW A big Russian oil product exporter has suspended deliveries to Western Europe and Japan to allow it to send fuel to the country's Arctic north before rivers freeze up, a top official
      Reuter  -  538 words
    • 286 28 AFP JAKARTA Indonesian Mines and Energy Minister Ginanjar Kartasasmita has told the state-owned tin company PT Tambang Timah (PTTT) to be prepared to face a free market, the Antara news agency said yesterday. Antara quoted Mr Ginanjar as saying in Mentok,
      AFP  -  286 words
    • 494 28 REPORTS SINGAPORE rubber futures continued to trade firmly in the afternoon yesterday after chalking gains from heavy dealer short-covering. "Thai boys were busy short-covering after selling rubber. There was also aggressive buying of RSS-3 from a Japanese importer," one broker said. Another
      494 words
  • 1497 28 Rubber ■AS CiwHtty Eiduf (ftrtr— ctotif M it Ipw) RSS 1 C—tract (S cents/kg) Gose Volume Open Month High Low Sett (tonnes) Interest Oct 92 139.25 138.75 139.00 375 2,225 Mov 138.00 137.25 137.75 700 3,775 Dec 136.75 136.75 136.50 450 3,525 Jan/Mar 93 136.50 136.00 136.50 450 16,500
    1,497 words
  • Page 28 Advertisements
    • 838 28 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 M THE HATTER OF THE COMP AMES ACT, CAP SO AND M THE MATTER OF ■CLONE PTE LID 0n Member* Voluntary Winding-up) SPECIAL RESOLUTIONS PASSED ON fTH DAY OF SEPTEMBER 1982 At an Extraordinary General Meeting of tie
      838 words
    • 6 28 The Malaysian market was closed yesterday
      6 words

  • 1173 29 City FMgtrt ETA FlgM CT1> Ctty FlgM IT* FlgM HP Mm Matt GA893 1315 Waitlla MH631 1520 MH630 0950 qcc Kuala lamair MH601 0120 MH602 0700 1,1,111 SEL- MH640 0805 SQ102 0730 ayzffl MH630 0855 MH604 0740 RJ183 0005 SQ103 0950 SQ104 0830 SQ319 0715 KL838
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  • THE TRAVEL PAGE
    • Article, Illustration
      740 29  -  LETTER FROM CAIRO By William Schmidt THE temperature is nearly 38 deg C, the bridges over the Nile are a hopeless tangle of bleating horns and snorting motors, and the yellowish air is thick with dust and diesel fumes and something that smells faintly of donkeys. But none
      740 words
    • 68 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Oct 2-12 Tehran Teheran, Export Promotion (98)21/*****8 Oct 5-10 International Utrecht, Koninklijke *****55.91 International Iran Centre of Iran Building Netherlands Nederlandse Fair Construction Jaarbeurs Oct 3-11 Luxembourg Luxembourg Societe Des 352-*****15 Building International Foires Interna- i Oct
      68 words
    • 152 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.131 S 1.1470 Canadian dollar 1.3068 1.3332 NZ dollar 0.8S10 0.8682 Sterling pound 3.1726 3.2156 US dollar 1.3870 1.5950 Local dollars to 100 units of foreign cwrency Austrian schilling
      152 words
  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • 198 29 1 Double-dealing pair con- iBl fcHT~ 6 Out on bail in old England f j j j 9 Ball-game requires physi- HiHi cal education and a lot of RHL— running about (6) P I j I 1 I 1 1 I 1 I 10 Jumper for a spaniel? (8) IH|
      198 words
    • 167 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 30.8 Assoc humidity 69% Minimum temperature 25.1 Assoc humidity 98% Hours of sunshine 4.0S Rainfall in mm Trace Rainfall this month 22.5 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/09
      167 words
    • 34 29 NOT ONLS/ Does ft Rrt PvCT>CUe- ON FfceMCW 1 YOU'LL F\NO TH*S ftUT FM-SO OP*DPitt. ON TV-It, ONfOFTF CC^NT& J cwiesTtß voose i yp>tAp cupvxue. cy spn-e/5... y |^J| no, mi mi f t£^-
      34 words

  • 459 30  -  Run-up to Thai general election Chart Thai entangled in latest election controversy From Andrew Cooke in BANGKOK LEADING Thai political party Chart Thai has become embroiled in a controversy over a party one of its candidates allegedly threw for 150 supporters in a Bangkok massage
    459 words
  • 466 30  -  From Loh Hui Yin in BANGKOK POLLWATCH, the independent election watchdog, says it has been more effective checking politicians' conduct in vote-buying in the run-up to this Sunday's general elections, compared to the last hustings in March. Spokesman Chira Hongladarom said
    466 words
  • 319 30 Reuter TAIPEI The United States is pressing Taiwan to cancel a proposed US$2.6 billion (554.2 billion) purchase of French fighter planes, citing the danger of a regional arms race, a newspaper said yesterday. Washington, which has announced its own sale of
    Reuter  -  319 words
  • 846 30  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament WHEN Francois Mitterrand called for a referendum, the polls indicated that over 70 per cent of the French would say "yes" to
    846 words
  • 367 30 Reuter TOKYO Japanese policymakers are charting a course similar to the one that led to the "bubble economy" of the late 1980s, analysts say, raising questions about the longterm stability of the nation's economy. After-shocks from the bursting of the bubble of
    Reuter  -  367 words
  • 276 30 Reuter TOKYO Japan s latest corruption scandal yesterday appeared to be snowballing, with reports that prosecutors may soon bring charges against a top ruling party figure and question aides to two former premiers. The Tokyo Prosecutors' Office is preparing to
    Reuter  -  276 words
  • Page 30 Advertisements

  • Shipping Times
    • 420 31  -  Allied Ventures to offer specialist services to oil and gas industry By Amir Khalil SINGAPORE Local engineering company Allied Ventures and Technologies Pte Ltd hopes to fill the gap in providing specialist services to the oil and gas industry with the acquisition of a
      420 words
    • 286 31 Reuter LONG BEACH The Port of Long Beach said commissioners accepted a plan to purchase more than 24 hectares of land for future port development and for expansion of Toyota Motor Corp's export operation. The land will be purchased from Union
      Reuter  -  286 words
    • 291 31 Reuter NEW YORK Carnival Cruise Lines Inc chief executive officer Micky Arison said he was "comfortable" with third quarter earnings estimates of around US$O.95-US$O.97 per share for the period ended Aug 31. Mr Arison added he is also "comfortable" with 1992 earnings estimates
      Reuter  -  291 words
    • 898 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 Alpha Feeders 6 1 ANL 3 1/2 Asia Cont Lines 14 5 ASCL 5 9 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank
      898 words
    • 229 31 Knight-Ridder LONDON Swedish shipping group Norstrom and Thulin will form a joint venture company with Norway's Jahre family to rescue the financially troubled Bulls Tankrederi, the Lloyd's List newspaper reported. N and T and Jahre will each take a 50 per cent stake
      Knight-Ridder  -  229 words
    • 389 31 Reuter SEOUL South Korea's state-run Korea Gas Corp (KGC) named Hanjin Heavy industries Co Ltd and Daewoo Shipbuilding and Heavy Machinery Ltd as joint contractors to build South Korea's third liquefied natural gas (LNG) carrier, a KGC official said. The 60,000
      Reuter  -  389 words
    • 187 31 P O shares weaken ahead of half-year results Reuter LONDON Shares in Peninsular Orient Steam Navigation Co pic fell lOp to 350p on Tuesday on nervousness ahead of its halfyear results, analysts said. There was market talk of a possible downgrade by Nomura, but the securities house denied that this
      Reuter  -  187 words
    • LOG BOOK
      • 62 32 PORT KLANG All ships plying the Straits of Malacca were on Tuesday reminded to observe the Isolated Dangerous Buoy marking the location of the sunken Royal Pacific cruise liner to avoid mishaps. Marine Department Director Haji Ghazali Abu Hassan said the buoy was
        62 words
      • 90 32 PARIS The Paris public transport authority RATP said on Tuesday it was installing 123 condom distributing machines on its underground railway network. The machines, which will distribute condoms in packs of three for 10 francs (553.34), will be located in 30 stations of the Metro urban
        90 words
      • 57 32 STRATFORD, Connecticut Sikorsky Aircraft, looking abroad to supplement a sagging domestic market, on Tuesday announced a US$6 million (559.6 million) order from Japan for the first of more than 20 rescue helicopters. The first S-76C chopper will be delivered to the Japan Maritime Safety Agency by
        57 words
      • 96 32 STOCKHOLM Sweden's state train operator, Statens Jamvagar (SJ), will lay off 2,000 employees within its freighttransport unit SJ-Gods in a move to cut costs, national news agency TT reported on Tuesday. The lay-offs, to take effect by Nov 1, were part of a
        96 words
      • 92 32 ISLAMABAD An Indian passenger aircraft flew on Tuesday to London from Karachi after bomb disposal experts searched for eight hours an explosive device an unidentified caller in Bombay claimed to have planted on board, officials said here. Officials in Islamabad said around 7.40 am local
        92 words
      • 64 32 LONDON The tanker Stolt Span is under tow for Punta Arenas and is due to arrive today or tomorrow, according to Lloyd's Intelligence. A further inspection will take place and the tanker will then be towed to Buenos Aires for repairs. The Stolt Span
        64 words
      • 61 32 LONDON A British sailor and his crew, missing in the north Atlantic since early August, were spotted safe and well near the Faroe Islands on Tuesday, Scottish coastguards said. Jack Lammiman left Newfoundland in Canada about a month ago aboard an 18-metre converted fishing vessel and
        61 words
    • 823 32 FREIGHT rates drifted lower on Tuesday as the cash market remained weak on vessel oversupply, but US Gulf/Japan heavy grain was steadied by repeated reports U5519.50 had been paid on the route, brokers said. The Baltic Freight Index (BFI) shed three points to 1,056, showing mostly lower runs,
      823 words
    • 1244 32  -  Supplying crews to the world's shipowners is big business for the Philippines. But it has also attracted crooked agents and widespread bribery, says Bob Cuttie Bob Cuttie Lloyd's List TWENTY-five thousand Pesos, or about *****, can buy you a pass in exams and another
      Lloyd's List  -  1,244 words
    • 857 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
      857 words
    • 8003 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. IgtfWP PN: ship calls at Penang after
      8,003 words
    • 3267 45 Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyMarinc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). \dkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg inc Ltd (S). Alfred C
      3,267 words
    • 260 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. AirswiA Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies Services Tel:
      260 words
    • 1474 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aero&peed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454 Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,474 words
    • 3561 46 ALBANIA Dunes: Four vessls in port of which 1 tobacco, 1 beer, 1 general cargo, I sugar/rice. ARGENTINA Labour working normally. Buenos Aires: For vessels requiring deep draft berths, delays of 24-48 hours; otherwise berth situation normal. San Lorenzo: Port busy; 5 vessels operating of which 3 loading
      3,561 words
    • 555 46 ARRIVALS I DEPARTURES Op Flight Type ETA T From Op night Type ETD T To TODAY TODAY KAL KE697 B747F 0150 i SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB
      555 words
    • 237 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dt» Na»eofVe»el ETA ETD Ports of Crib Port Aft* Telephone No SEPTEMBER 13 13 Fantasy World 1000 1900 Sin-Port Klang Sembawang Johnson Mgt 227-8284 16 16 Fantasy World 1000 1900 Sin-Jakarta Sembawang Johnson Mgt 227-8284 20 20 Fantasy World 1000 1900 Sin-Port klang Sembawang
      237 words
    • 724 46 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers KPohans: 118,167 dwt and built Au--1972 Mitsubishi; owners seeking outright offers. Doapaffc 69,203 dwt and built August 1983 lmabari; either straight sale or including time-charter back for 1-2 years; Sakaide Japan Sep 8-11
      The information was contributed by Simpson Spence & Young  -  724 words
    • SHIPS IN PORT
      • 484 47 VttMl <01 Wo Bfft fcrwal Oqwrtirt vn>d ¥oy No Barth Arrival Dqiartw Marina Terminal 1 Mi» M/5 alongside 1009/1500 Batam Maiu *****2 M04 1009/0500 Andre De Gou J12 1009/2200 1209/2000 Batanundo 1 1242S M02 alongside 0909/1900 Canterbury 008/92 13 1009/1500 1009/2100 Btm Bahagia *****2 M03 a*x*side 1009/2300
        484 words
      • 1533 47 ,111 i'Ltl CONTAINERS IN PROGRESS Stop Voy No Contanan a riUbk SNp Voy No C«ntalMn i vrfabta Agostin Neto 20-92E 08 0992 0125 Ark Carrier 9220N COO(EST) *****2 2100 Bangkok Br 11 08.09.92 0925 OOa Hope 20E COO(EST) 09.0992 1500 Aries 9273A 08.09.92 1025 Permmt Sun 27E COO(EST)
        1,533 words
    • 770 48 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 or fax: 733-5087. Oct 5 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at
      770 words
    • 419 50  -  By Rahita Elias SINGAPORE Qantas Airways of Australia, in which SIA is interested in acquiring a stake, will expand its Asian network next month. The carrier, which currently flies thrice-weekly between Singapore and Hongkong, will start flying daily between the two points from
      419 words
    • 236 50 Reuter NEW YORK Trans World Airlines Inc plans to eliminate service to 12 cities next month and lay off up to 10 per cent of its work force as the troubled carrier streamlines operations, the company said. The airline will eliminate service
      Reuter  -  236 words
    • 277 50 Reuter HONGKONG Britain said it did not expect a meeting this week with China to bring an instant breakthrough in a long-running deadlock over financing Hongkong's huge new airport project. The airport committee, comprising Chinese and British diplomats and senior Hongkong
      Reuter  -  277 words
    • 504 50 DETROIT General Motors Corp restarted assembly lines at three plants on Tuesday, as parts shipments from the Lordstown, Ohio, metal stamping plant resumed after settlement of a nine-day strike. GM spokesman John Maciarz said the Saturn Corp plant in Spring Hill, Tennessee, the
      504 words
    • 597 50 Farnboroueh Air Show Reuter FARNBOROUGH, England Aerospace firms from the former Soviet Union, flaunting their jets at the Farnborough Air Show, may find it hard to win clients and lasting partners in the West, industry officials and analysts say. Eager
      Reuter  -  597 words
    • 113 50 AFP FARNBOROUGH, England A joint BMW-Rolls Royce venture to manufacture aircraft engines has received its first order from US business plane makers Gulfstream Aerospace, the partnership announced on Tuesday. The order for 200 BR-710 engines is worth more than US$5OO million (***** million) to
      AFP  -  113 words
    • 548 50 NYT WASHINGTON General Motors Corp was expected to make an announcement yesterday that it will issue a new Mastercard and possibly a Visa credit card designed to build loyalty among car buyers. Although the world's largest car maker has
      NYT  -  548 words
  • Page 31 Advertisements
    • 23 31 Um« and mnUx% rtprtMitrt to «f tto Registry «f Acer«lM (*O?SW}) pmg MMCuiwa. w"J5v For advertising enquiries, contact Shipping Times Tel 740-2089/740- 2090
      23 words
    • 203 31 the FAMOUS Ijm/mmk KEOm 224 1833 For more information please refer to Pg. 13 A shipboard career for Filipinos, Pg 2 Qantas to expand Asian network, Pg 20 Tr T Bring Your Suppliers And Markets In Europe Closer, Quicker, More Reliably- With CGM. t 4lK&jLt Whether .«'•s> 7^ i V&'«:
      203 words

  • Page 32 Advertisements
    • 135 32 UP. LIVING IT EACH WEEKEND, put up your cxccutivc feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      135 words

  • Page 33 Advertisements
    • 2717 33 H OOCL (8) PTE LTD JARDINE SHIPPING AQENCIEB *****11 FAX: *****09 Alllff bookings tel: *****34 *****58 ■anif TERMINAL/CFS TEL: *****18 220 PH PESAKA JARWNE SHIPPING AGENCIES SDN. BNO. I WQ7 J PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 wmmmmmm Dedicated to Qualtty
      2,717 words
    • 1457 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT jl Ik VSI/VOY S«_ WYC BAL I OKf I SAV IMMMN N 17/91 n/lt n/lt It/lt 2VM I m imm nt k/u h/u t7/u mi 1 m/u ■MR 17/ M a/11 22/11 23/11
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    • 1465 33 ■E3im.HUWl=i WEEKLY DIRECT CALL TO NAGOYA LAUST MAERSK 9214 ETA SIN 14/9/92 ETA NAGOYA 24/9/92 VMM* Voy ETA ETO Feeder by DESTINATIONS Leerort/Aries Thn M* MMM Maerak 9206 1~~1 14 9 0800 MRS ■■■■■■■MHlHMßMHiliiflßlllllßHlHßiMillßllllMi CFS 15/9 2359 MRS JOH LPK PEN OAK LQ6 HOU MEM ATI MIA CHS BAL PHL
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  • Page 34 Advertisements
    • 1337 34 VOY NO S PORE JEDOAH S'HAMTON H BURG LE HARVE HEGEI KITANO 15/136 10/9 19/9 3/10 29/9 28/9 1. MU. NBHGMB THAMES 13/336 13/9 30/9 2/10 5/10 6/10 fin ■BLMB 6 (MM ELBE 12/137 17/9 26/9 10/10 6/10 5/10 HOECHST EXPRESS 05/337 20/9 7/10 9/10 12/10 13/10 S HAMBURG EXPRESS
      1,337 words
    • 421 34 ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-B AN JUL-BISSAU-LUANDA-BATA Feeder Vessel ORIENTAL KNIGHT 14/09 VILLE DE LA FONTAINE 20/09 VILLE DE TUCANA 24/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE SPORE fUI LOAON6 FPU KAPITAN GROWUR kn MKCT SCRWCE COLOOMO. MAX P. LOUS. KUMOK.
      421 words
    • 1499 34 I BSS—e>xw* REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY BIN ALQ BCL* FEL LMA I NORASIA SAMANTHA 9220-3 15/09 07/10 00/10 11/10 12/10 12/10 13/10 14/10 15/10 NOR ASIA SMGA 9229-3 21/09 14/10 16/10 10/10 19/10 20/10 21/10 22/10 23/10 I NORASIA SUSAN 9230-3 29/09 21/10 23/10 25/10 26/10 26/10 27/10
      1,499 words

  • Page 35 Advertisements
    • 1962 35 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Kappei Towers Singapofa 020S T«fc *****80 Fax: *****17 ACCEPTS CAAGO DUE SAIS SMGAPOM PHONM POM JTMITS WITIK nO. Mora. Lab. KK 1112 3* 13 Sap 14 Up u» m n203 15 S-, MB MM* VOTE Muar., Ban. T« 12-14 top
      1,962 words
    • 2415 35 SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd X iXv/ VjlllllCtlllCl 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z VlMtt. VOV *PHO **KC aw ALO 60U ANT HOT NAM VC66CL VOV ANT HOT HAM
      2,415 words

  • Page 36 Advertisements
    • 676 36 mm CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE WL'WY STOtt ROAM ADAM HHUK 800 ANTMW SMWUATA/ JSMB MPT (PT I) 1/10 12/10 IC/10 20/10 KUTM/2CW t/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTMG BREAK BULK /CONT AINERtSED CARGO Sutoiact to IndueMMnt. Also accepting cargo to CiMManct, Port
      676 words
    • 1383 36 HANJIN SHIPPING FM VS. M LME HAUL LB OAK FDR VSL Ml III! UNA Ml U NIC HAMM VANCOUVER Olfll 12/9 DRECT 4/10 7/10 HAMM OfJU 0M( 14/9 M. YORONMM 04IE 22/10 23/10 25/10 HARM OSAKA 002E 20/9 OKCT 11/10 14/10 HNUM KNARCTARE 092E 21/9 N. PUNTY 0241 29/10 30/10
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    • 1229 36 I W IX it lit U Ml 09 Kt SH DO Ltl CH HI nc UK IM n IV IK PS CM m tf I U1"" M* a/» 1/j; J/14 Vl* S/l* 14/14 24/14 M/ 10 31/11 M/U 11/11 12/11 11/11 M/U 24/11 4/12 1/12 o/u I 2/! 2 KS.Ji.f
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  • Page 37 Advertisements
    • 1734 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) aCL USA SERVICE TERMINAL OFFICE *****22 B MM FAR EAST SERVICE *****00 IMPORT CFS F9: *****89/*****98 ■Mi UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 EZZ aust/india/pak service NEPLINE SDN BHD MALAYSIA
      1,734 words
    • 982 37 m 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 EASTBOWD—OSCHAMWG WESTBOtfC-IQAPWC TRAHSHPPED VIA HOTTEMMyi~| wr |m \m»
      982 words

  • Page 38 Advertisements
    • 1622 38 1 K. Hi W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD 1244B*****0M) W W 1A TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 m m m M MALAYSIA: "K" line maritime (Malaysia) sdn bhd L ■k- AJk MLm* TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia:
      1,622 words
    • 979 38 PHILI-ORI€NT UN€S PT€ LTD f 108 Robinson Road #07-00 GMG Building Singapore 01 Tel: *****22/*****69/*****00 T«lex: RS ***** FAX: *****76 *****38 Onfi BY AIR, LAND OR SEA.... -fejgb WE TAKE ON THE WORLD FOR YOU NAPIER CHBISTCHURCH 12 SEP MEXICO CITY. TAMPtCO. VERA CRUZ. PARAMARIBO 12 SEP SANTOS. RIO OE
      979 words

  • Page 39 Advertisements
    • 2045 39 aSSjPf L PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E KOTTMOAH 171 13/9 18/9 20/9 0 KOaWT V *N 12/9 18/9 10/9 BUNQATERATAI J73 15/9 18/9 22/9 BIBSAMUT (THAI FLAG) MSMM 14/9 17/9 20/9 rCT*TrI u»l«r IrL It" fr,; KOTA
      2,045 words
    • 822 39 EXPHBgCDWfiUNER SBtVICBTO 3 WEEKLY S p P GUOANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) g _U/9 11/9 12/9 TOYAMA 2362 15/9 2/JO 4/10 S/10 7/10 g _18/9 18/9 19/9 AROSIA 2372 22/9 9/10 11/10 12/10 14/10 Q 25/9 25/9 26/9 NIHON 2382
      822 words
    • 274 39 I °BSA° TRANSPORTATION M MYANMA FIVE STAR LINE (Mytnmar National Lint) Loadni for Yancon (Rangoon) Sport r.Klg Ptn PM| ava viim su kin MANDM.it T V3SN ki PI P9IYA VI24M 12/16 W 6/19 W PAGAN VI66W 14/16 Sm 9/12 Sap Mr*-** ¥111* 20/22 Sap NIGERIAN NATIONAL ML SHIPPING LINE W#
      274 words



  • Page 42 Advertisements
    • 2446 42 Conventional Semi-Container Full Container Liner Services Liner Services M* y *•*.< m««'. km* Stmni Agents: Booking Agent* General Agent* Booking Ago*tx Guan Goon Ski»mg MSM Cfcn* CWm SMppt* S* MM fJ. 6Ma/ Prtra Mmocm Maritime j Ykk Fling Shipping Fnigkt Booking Gnabkio Agmcm CottMf Shipping Pti Ltd SklgMng FrtigM toottor
      2,446 words
    • 246 42 imwuu mmm jjj ni tip IS MoCALLUM STREET #SHlm NATWEST CENTRE J Wwßmow Ml Tatac RS2SI4O Takman-3 Fwc 22S 2Z7VIM FOR ROOKMQS CALL MRECT UNE TEL: 2222M1/2222M3 WN/JAK SERVICE VESSEL VOY SIN JAK > MAJESTY 907 12/06 (SAT) 15/06 (TUE) E STAR 900 13/09 (SUN) 15AM (TUE) PELOPOR 1045 12/06
      246 words

  • Page 43 Advertisements
    • 612 43 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 FaiXSTOWE/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 WS FREMANTLE/AOELADE 1779 VANCOUVER 12/9 BRISBANE 12/9
      612 words
    • 763 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LinM) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ettwopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ABYOT 29W8 In PI OARESSALAAM. MOMBASA. DJIBOUTI AS3AB. MASSAWA ANCXNET ?SWB IS/10 OARESSALAAM. MOMBASA. DJBOOTT" ASSAB.
      763 words
    • 631 43 ranqkq,< 1 1 BOW BHUM 43S 12/BB 15/ OB «■> BHUM 21H Tlw to Pt %m 13/tB IMB 18/ M 18/ M MMMM BIN Frf 11/B9 Hrr 14/BB J amm* namta mm iw u 12/ M m ib/bb ■SaJHS 22" PITA BMUBP## wmmm 4* nm wm_ I— -JOS— MBHA BMURR#
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  • Page 44 Advertisements
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  • Page 46 Advertisements
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  • Page 47 Advertisements
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  • Page 47 Miscellaneous
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  • Page 48 Advertisements
    • 718 48 1 Wfck LIAN 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 ETO DESTINATION
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  • Page 49 Advertisements
    • 1108 49 A HYUNDAI I MERCHANT MAMNE CO. LTD. WESTBOUND TO EUROPE VESSELS PWA PKE I SW I RTM AWT* LEH* HAM Htft FtL SI. MOEPENDCNCE 301W 11/09 11/09 13/09 02/10 02/10 03/10 03/10 03/10 06/10 H. FRONTfR 301W 25/09 25/09 27/09 16/10 16/10 17/10 17/10 17/10 20/10 SI. MARINER 301W 09/10
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  • Page 50 Advertisements
    • 304 50 Every Saturday in Business Times I Someone dose has been Iving Your son in Canada is studying for some years, oversis Ybu'vegivenup Andyou want him The straits Times close to home Weekly tells it better. -with news (He might from home. comeback after reading ail the good news.) To your
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