The Business Times, 13 October 1992

Microfilm: NL18503
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, October 13, 199^ 75"
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  • NEWS SUMMARY
    • Article
      Bangkok set to retaliate if Yangon keeps hostages
      68 1 BANGKOK Thailand yesterday demanded that Myanmar release the 16 Thai officials and villagers held hostage since last week or it would take unspecified retaliatory measures. "I must have an answer by 11pm or midnight today," said Interior Minister Chaovalit Yongchaiyudh. He said
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    • Article
      2 Americans win Nobel Prize in medicine
      63 1 STOCKHOLM The Nobel Prize in physiology or medicine was awarded yesterday to two Americans who illuminated a basic biological mechanism useful in preventing the rejection of organ transplants. The work of Edmond Fischer and Edwin Krebs has helped scientists understand such things as
      63 words
    • Article
      China's deficit to grow
      28 1 CHINA'S fiscal deficit will swell this year and the next, but its economic boom will continue, according to a new government-commissioned survey Page 2
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    • Article
      S'pore falls behind
      39 1 OWING to poorer import and export growth ratings compared with the other economies, Singapore has fallen two rungs behind Hongkong and Japan in the latest country risk report of Political Economic Risk Consultancy Ltd Page 3
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    • Article
      SIA loses case
      29 1 SINGAPORE Airlines lost a landmark case in the Industrial Arbitration Court yesterday over its plans to cap bonuses and link pay increments to productivity Page 3
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    • Article
      Courts to be listed
      34 1 COURTS Singapore has received approval for a listing on the main board of the Stock Exchange of Singapore and is expected to launch its share offer next week Page 3
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    • Article
      More seafarers needed
      37 1 THE shortage of seafarers, which has long plagued the shipping industry, will worsen unless the number of officers trained annually is tripled, a representative of the International Shipping Federation said. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      27 1 WALL STREET stocks opened higher yesterday. The Dow Jones average of 30 industrials was up 29.45 points to 3,166.03 in the first hour of trading.
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    • Article
      Footsie higher
      24 1 LONDON share prices were slightly higher at midday yesterday. The FT-SE 100-share index was up 2.6 points at 2,543.8 at 1130 GMT.
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    • Article
      SIA to expand capacity
      28 1 SINGAPORE Airlines will expand its aircraft capacity by 17 per cent in the current financial year in spite of poor business conditions Page 4
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    • Article
      Eyeing Qantas board
      44 1 SINGAPORE Airlines will seek not only board representation but also a presence in important committees if it obtains a stake in Australia's international carrier, Qantas Airways, said SIA chairman J Y Pillay and managing director Cheong Choong Kong yesterday Page 4
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    • Article
      Sime Darby hopeful
      20 1 SI ME DARBY Bhd's board expects the group to maintain its 1992 level of profitabi- Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 636.57 -1.92 Kuala Lumpur ...602.60, +2.35 Tokyo 17,302.01 +242.23 Hongkong 5,725.57 +128.86 Sydney 1,463.0 -3.2 Friday Change New York 3,136.58 -39.45 London 2,541.2 -2.4
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6080 100 Yen SS 1.3289 MS SS 0.6420 Money niriiit rites Overnight 11/4% -1/4 3-month 1 5/16% unch
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    • Article
      COMMODITIES
      37 1 I imdtHi Gold AM fix USS348.10 -US$1.70 Rubber S'pore Nov l45.25«/kg +0.50 M'sia Nov 223.50*/kg unch KL Tin Turnover 23tonncs -27 Spot MS 15.39/kg unch Crude palm oil Turnover 442 lots +36 Dec MS872 /tonne 3
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  • Article
    Demand for private homes loses steam, CPF figures show
    543 1  -  But analysts see no sharp fall in prices By Lee Han Shih SINGAPORE Official figures released yesterday suggest the six-month boom in residential properties is beginning to slow down, but most analysts say they do not think this will lead to
    543 words
  • Article
    PNB plans Guthrie-MMC merger to create regional giant
    462 1  -  Profitable Kontena Nasional to be injected into group From Leslie Lopez In KUALA LUMPUR MALAYSIA'S state-owned investment house, Permodalan Nasional Bhd (PNB), plans to merge two of its main publicly listed subsidiaries to create a Malaysiabased regional conglomerate. Under the plan, PNB
    462 words
  • Article
    DBS and Stanchart deny rumours of takeover bid
    339 1  -  By SN Vasuki SINGAPORE Rumours flew thick and fast yesterday that DBS Bank, the biggest of Singapore's Big Four banks, was close to acquiring a significant stake in Standard Chartered Bank, the Londonbased institution which has a strong presence in Asia. To
    339 words
  • Article, Illustration
    Beijing firmly endorses speedier market reforms
    415 1  -  14th Congress of the Chinese Communist Party From Catherine Ong in BEIJING CHINA'S communist leaders, discarding class struggle as a basic party line, have called for the pace of economic reforms and experiments with free markets to be speeded up. Opening the 14th congress
    415 words
  • Article
    Bechtel, Sembawang tie up to vie for 6 big regional projects
    309 1  -  By Colin Tan SINGAPORE One of the world's largest engineering and construction groups, Bechtel International Inc, is teaming up with Singapore's Sembawang Group to bid for six infrastructural projects in the region. The six projects are in Thailand, Malaysia,
    309 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      217 1 Nikon The World s Finest Photographic System. IT's a PC week SINGAPORE'S Information Technology Week got off to a big start yesterday, with the naming of this year's IT award winners. Who are they? How did they do it? And how has IT helped them? To And out, see page
      217 words
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      9 1 Hock Lock Siew: What's cooking at Tongkah? Pg 4
      9 words
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      Page 1 Advertisements Column 3
      42 1 Nikon The World s Finest Photographic System. XEhkHMS > WMmimEmm-Mu/tL'■ v' Mechanical movement The complete collection of Cartier Mechanical watches is available until 25 October 1992 at our Cartier Boutique at: Hilton International, #01-04, The Shopping Gallery, 581 Orchard Road. Tel: 235 0295
      42 words
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      Page 1 Advertisements Column 4
      7 1 China's deficit set to widen, Pg 2
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  • PAGE 2 NEWS
    • Article
      Lock icon China's deficit set to widen even as boom continues
      344 2 AFP BEIJING China's fiscal deficit will swell this year and next because of record growth in credit and money supply, but its economic boom will continue, says a new government-commis-sioncd survey. It predicted that the deficit would grow 20 per cent
      AFP  -  344 words
    • Article
      Lock icon Beijing opens first stock rating firm
      127 2 AP BEIJING China has opened its first securities rating firm. Named Cheiigxin Securities Appraisal Co, it will carry out property appraisals for companies applying to issue bonds to the public and grade the credit-worthiness of companies issuing stocks and bonds, the official China Dai-
      AP  -  127 words
    • Article
      Kan Seng to address world forum
      180 2 SINGAPORE'S Foreign Minister Wong Kan Seng will address the World Economic Forum to be held in Hongkong from tomorrow to Friday. Mr Wong will speak at the forum's concluding session on Friday on "Building a strong Europe/East Asia partnership: the next steps". The forum,
      180 words
    • Article
      Ken-Air nets $18m incentive travel deals
      242 2  -  By Hong Lee Tiam SINGAPORE Homegrown tour operator Ken-Air Leisure has clinched incentive travel deals worth $18 million with nine regional companies. Ken-Air founder and managing director Kenny Goh said the firm had arranged the packages for nine Malaysian, Hongkong, Thai and Indonesian firms.
      242 words
    • Article
      HK stocks soar in brisk trade
      437 2  -  Market rebounds as US-China trade dispute ends From Lim Soon Neo in HONGKONG STOCK PRICES soared yesterday on the Hongkong stock market in reaction to the settlement of the United States-China Section 301 trade dispute. The Hang Seng Index shot up by nearly 200
      437 words
    • Article, Illustration
      Baxter Healthcare to open another Singapore factory
      444 2  -  By Teh Hooi Ling SINGAPORE Baxter Healthcare is restructuring its local operations to gear up for a stronger presence in South-east Asia. The US-based firm plans to build another factory on its 10.5-ha site at Woodlands to produce dialysis solutions for the Asean
      444 words
    • Article
      S'pore falls to third place in risk ranking
      471 3  -  Drop caused by poorer import, export growth ratings By Anna Teo SINGAPORE Business risk in Asia is no longer lowest in Singapore, according to the latest country risk report of the Political Economic Risk Consultancy Ltd (Perc). Because of poorer import and
      471 words
    • Article
      Retail chain Courts gets SES okay for main board listing
      428 3  -  By Chuang Peck Ming SINGAPORE Courts Singapore, the UK-based furniture and electrical supermarket, has received the greenlight for a listing on the main board of the Stock Exchange of Singapore. The size of its share offer and its price is
      428 words
    • Article
      Lock icon Thai publisher expanding empire to US
      309 3 NYT NEW YORK Early last year, a new California magazine called Buzz was short of money and had to suspend publication. Two weeks later, like the Deus Ex Machina of Greek tragedy who drops in improbably and resolves everything, a Thai businessman appeared and
      NYT  -  309 words
    • Article
      Unions win landmark case against SIA
      330 3  -  Bid to cap bonuses, link pay rise to productivity rejected By Ramesh Divyanathan SINGAPORE Singapore Airlines lost a landmark case in the Industrial Arbitration Court yesterday over its plans to cap bonuses and link pay increments to productivity. The court decided that the airline's
      330 words
    • Article, Illustration
      McDonald's latest outlet takes on a Spanish flavour
      109 3 SINGAPORE McDonald's has set up its 42nd local outlet in a newly restored shophouse at Boat Quay. The restaurant (left) has a Spanish touch to blend with the Mediterranean-style setting of the riverside shophouses, and its walls are adorned with reproductions of
      109 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      121 2 A BOLD DEVELOPMENT T 1 IpHHBMHMfc I Hf[Mßt ififll|f j■f^^aiS^fln'^B i iii 11 j; 111 rrr T TTTT" 1 r rlTt 11 f -Wkm W— I—i -j- -i-iI.L J j||| HI Mi I lsj nnrr tTTTi Hu iau *****1 jfltn^l. :t|l I I j-l [11 ]II ur' jwSSISB^^B T jj
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      Page 2 Advertisements Column 2
      9 2 Ken-Air committed to strategic use of IT, Pg 16
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      Page 2 Advertisements Column 3
      316 2 7-8 December 1992 Pan Pacific Hotel, Kuala Lumpur International Speakers From: Overview of hotel technology use in Asia Lehr Associates Consulting Engineers, USA Effective integration of technology in hotels Coopers Lybrand, USA Cornell University, USA today Driving Revenue, USA Pan Pacific Hotels PMS, POS, PABX, Resorts, USA E. Horner Associates
      316 words
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      Page 2 Advertisements Column 4
      3 2 Editorial, Pg 12
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      75 3 11l THERE'S MORE /7\ 11 H TO LIFE WITH I RENAULT RENAULT 25 BACCARA V 6 llifc ■i— lsslv I 1 STYLE WITH COMFORT S Seats with lumbar adjustment, On board trip computer, Tilt Steering, Electronic Cruise Control, Memory Programmed Seats, Voice SI Synthesizer Warning System and 3§ Factory Installed
      75 words
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      Page 3 Advertisements Column 2
      123 3 diss The Best Of Movado Since the establishment of Sincere old with an ele S antl y engineered Watch in 1954, we have worked hard to mechanical, self-winding movement, maintain a reputation for excellence. In the Truly, a collector's timepiece. service we provide our customers and in Exquisite watches. Exemplary
      123 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Price rise a mystery to us, says Uniphoenix
        81 4 KUALA LUMPUR Uniphoenix Corp Bhd said it was not aware of any reason for the substantial increase in the price and turnover in Uniphoenix shares, except for information disclosed by major shareholders recently. Uniphoenix topped the most active list last week. On
        81 words
      • Article
        Shangri-La (M) set for profit rise
        51 4 KUALA LUMPUR Shangri-La Hotels (Malaysia) Bhd, enroute to a listing on the Kuala Lumpur Stock Exchange, has forecast a consolidated pre-tax profit after minority interests of M 581.17 million (5551.94 million) for the year ended Dec 31, 1992, up from M 577.14 million last
        51 words
      • Article
        Property is still PJ Dev's core
        92 4 KUALA LUMPUR PJ Development Holdings Bhd's core business will still remain in the property sector, despite its recent involvement in the tourism-related sector, its chief executive officer, Andrew C S Wong told reporters after the topping out ceremony of Swiss Garden Hotels. He said
        92 words
      • Article
        SES queries Heshe again
        90 4 SINGAPORE The Stock Exchange of Singapore has asked Heshe Holdings for more information on its foreign exchange loss and monthly sales figures for the six months to June 30. This is the second query by SES since Heshe reported a pre-tax profit of .$7.7 million, instead
        90 words
      • Article
        Inno-Pac queried on deal
        61 4 SINGAPORE The Stock Exchange of Singapore has queried Inno-Pacific Holdings Ltd on the acquisition of a small land parcel in Bangkok as reported in the Far Eastern Economic Review on October 1. Among others, SES wanted to know when and why the land was acquired, the
        61 words
    • Article, Illustration
      SIA planning to expand fleet capacity by 17pc
      377 4  -  By Dexter Lee SINGAPORE Despite the poor business conditions in the airline industry, Singapore Airlines will expand its aircraft capacity by 17 per cent in the current financial year. The increase will come mainly from the addition of cargo freighters to its
      377 words
    • Article
      SIA to seek place on Qantas board and committees
      260 4  -  By Conrad Raj SINGAPORE Singapore Airlines will seek not only board representation but also a presence in important committees if it obtains a stake in Australia's international carrier, Qantas Airways. SIA chairman JY Pillay and managing director Cheong Choong Kong said
      260 words
    • Article
      Lock icon Sime Darby hopes to maintain profitability
      303 4 Bernama KUALA LUMPUR Sime Darby Bhd's board hopes that the group will at least maintain its 1992 level of profitability in the current year although it will be prudent not to expect too much in a global situation still clouded by uncertainty. Chairman Ismail
      Bernama  -  303 words
    • Article
      L&M wins Pakistani deals worth US$56m
      164 4 SINGAPORE L&M International Pte Ltd has clinched three road-building contracts worth a total of US$56 million (5589.6 million) in Pakistan. The contracts, awarded by the National Highway Authority of Pakistan yesterday, represent the largest single highway Job to be awarded to date by die
      164 words
    • Article
      CityDev outlines plans for New World site
      188 4 SINGAPORE City Developments Ltd plans to build a retail and office block and 592 apartments on the site of the former New World Amusement Park in Serangoon Road. In a letter to the Stock Exchange of Singapore, CityDev said the 42,252.1 sq metre
      188 words
    • Article
      Lock icon Ekran to focus on domestic projects
      269 4 Bernama KUALA LUMPUR Ekran Bhd will concentrate on domestic projects before venturing abroad, chairman Ting Pek Khiing said yesterday. He told reporters after witnessing the listing of 128.57 million Msl shares in Ekran on the Kuala Lumpur Stock Exchange that the company would be
      Bernama  -  269 words
    • Article
      Tongkah: sifting through rumours and reality
      675 4  -  THE HOCK LOCK SIEW COLUMN By Quak Hiang Whai SINGAPORE Joseph Chong, managing director of Sabah Shipyard, unintentionally did quite a few speculators a favour when he said earlier this year that his group planned to seek a listing through a reverse takeover on
      675 words
    • Article
      Lock icon Trafalgar welcomes failure of HK Land offer
      366 5 Resignations likely but no decisions taken yet on board changes Reuter LONDON Conglomerate Trafalgar House pic welcomed the failure of Hongkong Land Holdings Ltd's tender offer and said no firm decisions had been taken yet on possible board changes. "The board is pleased
      Reuter  -  366 words
    • Article
      Lock icon Jardine group sets up offshore company in Labuan
      263 5 Bernama, Reuter LABUAN The Jardine Matheson Group (JMG), one of Hongkong's largest conglomerates with market capitalisation exceeding HK$l2.5 billion (552.6 billion), has established an offshore company here to serve the Asean region. Michael Troth, managing director of Matheson Services Labuan Ltd, JMG's
      Bernama,; Reuter  -  263 words
    • COMPANY BRIEFS
      • Article
        HK World Trade Centre sold
        69 5 HONGKONG World Trade Centre Group Ltd said it has agreed to sell the Hongkong World Trade Centre to China's Resourceful River Ltd for HKS2.S billion (Sssoo million). General manager David Lee said the deal to sell the shopping and office complex in Hongkong's Causeway Bay
        69 words
      • Article
        Formosa Plastics denies report
        67 5 TAIPEI Taiwan's Formosa Plastics group said yesterday it had sent a team to north-east China to study a possible pulp plant, but denied a report it had decided to invest NTS6.S billion (US$4l3 million) on the project. "We did send a team there in February to
        67 words
      • Article
        Alcoa profits fall 32pc
        53 5 MELBOURNE Alcoa of Australia Ltd, the world's largest producer of the alumina, said net profit for the nine months to Sep 30 fell 32 per cent from a year earlier to A 5203.5 million (***** million), on lower prices. Alumina is the raw material from which
        53 words
      • Article
        Brierley, Maoris get nod for bid
        69 5 WELLINGTON The New Zealand High Court yesterday cleared the way for Brierley Investments Ltd and indigenous Maori tribes to proceed with their buyout bid for Carter Holt Harvey Ltd's Sealord fishing division. The ruling permits the government to lend the Maori people NZ$l5O million
        69 words
    • Article
      Lock icon Campbell Soup launches A$1.2b bid for Arnotts
      457 7 US firm plans to use Aussie food group's brands to expand into Asia AFP, Bloomberg, Reuter SYDNEY Campbell Soup Company of the US yesterday launched a AS 1.2 billion (551.38 billion) bid for Arnotts, a baking group which owns some of Australia's best
      AFP,; Bloomberg,; Reuter  -  457 words
    • Article
      Lock icon Plan to air share prices over radio
      434 7 Bloomberg to extend financial services to newly-acquired NY station FT NEW YORK The day after Mr Michael Bloomberg paid US$l3.5 million (5521.6 million) for WNEW AM, one of New York's most famous music radio stations, there was no shortage of people from the
      FT  -  434 words
    • Article
      Lock icon Auditors assessing impact of French firm's secret deals
      334 7 Reuter PARIS The financial impact of secret deals at French cement maker Ciments Francais is being evaluated after significant payments were discovered to financial intermediaries, the company's auditors said. Guy Barbier and HSD Castel Jacquet, owned respectively by Arthur Andersen and Ernst
      Reuter  -  334 words
    • COMPANY BRIEFS
      • Article
        France offering cheap credit to small firms
        69 7 PARIS The French Finance Ministry is offering a 36-bil-lion-franc (5511.5 billion) package of low-interest loans and loan guarantees to small businesses. The ministry said in a statement that the package included 26 billion francs of new credits under the low-rate loan programme, Codevi.
        69 words
      • Article
        UK's Lucas to lay off 4,000
        59 7 LONDON British engineering company Lucas Industries said yesterday it would cut 4,000 jobs as continued recession forced the company to a drastic restructuring programme that will slash its central costs by 25 per cent. The company said it would make provisions of £88.4 million
        59 words
      • Article
        Stage set for Freia takeover
        68 7 OSLO Shareholders of Scandinavian chocolate maker Freia Marabou A/S paved the way for a foreign takeover last Friday in spite of protests at the board's plan to sell to US giant Philip Morris Cos for USSSI.S billion (552.4 billion). By 74.3 per cent to 25.7,
        68 words
      • Article
        Rover to unveil new MG model
        80 7 LONDON Rover will unveil its newest MG model, the MG RVB, next week at the Birmingham Motorshow to celebrate the 30th anniversary of one of the world's most popular sportscars which it unceremoniously axed in 1979. In those days, Rover was part of the
        80 words
    • Article, Illustration
      Lock icon Goodman Fielder eyes Rank's assets
      262 7 Reuter SYDNEY Food group Goodman Fielder Wattie Ltd said it may buy parts of Rank Hovis McDougall pic if the group is broken up by its takeover bidder, Hanson pic. In a television interview, chief executive Michael Nugent said Goodman Fielder Wattie was interested in
      Reuter  -  262 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      345 4 IN THE MARKET PAGES 1 Rumours fail to spice up SES 21 KLSE prices end mixed 25 Ep P-SERV PTE LTD I r PRESENTS 5-6 November Hotel Hilton Singapore FOCUSING ON Trademarks Patents Copyrights Industrial Design Passing Off Confidential Information Our authoritative panel consisting of prominent lawyers from leading law
      345 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      227 5 ■r r The art of writing. MOHT° BLANC r For the world of electronics, Samsung's state-of-the-art tech- demand and dramatically increase the performance of nology opens a whole new era. various systems. Meanwhile, every effort is being made p Samsung's 16M DRAM features 0.55/4 CMOS to realize greater speed, 3.3
      227 words
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      218 6 gpM^T" jj rj] <i*» > •t* -'f' v^^?w v /t?!;~"-' -^f^SP^MfffjiPß|lßß^^^B^^^B^^^^B| v"- ~>; THE SKY'S NO LImI^H v; '«iiM^li t AST: Redefining the 3H Frontiers of Computing I "V-t-v I Just as the space shuttle extended Man's geographical redefining today's concepts of power, functionality and 'tI 1 limits, AST has
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      Page 7 Advertisements Column 1
      172 7 The legendary performance of Jaguar is now in the new 4.0 litre Sovereign. Near silent engine power, smoothly conveyed by an electronically controlled four-speed automatic transmission, is a clear reminder of its race-bred heritage. Complete with electronic cruise control and a low-loss catalyst exhaust system. And within its luxurious interior,
      172 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Kidder, Peabody settles suit
        79 8 NEW YORK Closing another chapter from the Wall Street scandals of the 1980s, Kidder, Peabody Co has agreed to pay US$l65 million (***** million) to Maxus Energy Corp to settle a lawsuit in which the Texas oil company contended that it was damaged by the insider
        79 words
      • Article
        Ramos approves bond issue
        54 8 MANILA Philippine President Fidel Ramos has approved the issuance of US$3.B billion (556.08 billion) in so-called "Brady bonds" as part of a debt restructuring package. Central bank governor Jose Cuisia yesterday said foreign creditor banks had subscribed to about 97 per cent of the bonds, which
        54 words
      • Article
        Change in Aussie credit card fees
        60 8 SYDNEY Australian banks and other credit card providers are expected to get government authorisation to institute annual fees in exchange for a substantial reduction in credit card interest rates. Deregulation of the credit card market will be a key recommendation in a long-awaited study
        60 words
      • Article
        Fortis sells HK unit
        59 8 UTRECHT, The Netherlands Dutch-Belgian insurance group Fortis Amev says it and Ka Wah Bank Ltd have sold their Hongkong non-life insurance subsidiary Ka Wah Amev Insurance Ltd to Switzerland's Winterthur Insurance Co. The unit was expected to have a 1992 premium income of HK$lOO million (5520.8
        59 words
    • Article
      Telerate offering new real time service on regional equities
      239 8  -  By Quak Hiang Whai SINGAPORE Telerate Financial Information Services, which has been providing information on the foreign exchange and money market sector, is offering a new service focusing on regional equities today. DynaQuote, which is targeted at brokers, fund managers, banks
      239 words
    • Article
      Lock icon Bank Negara in dilemma as economy booms
      588 8 Bernama KUALA LUMPUR Malaysia's central bank is caught in a dilemma as the booming economy attracts foreign funds in spite of tight monetary policies, economists said. Bank Negara, the central bank, had mopped up excess money since mid-1991 to prevent the economy from
      Bernama  -  588 words
    • Article, Illustration
      Lock icon Financial system to face skill shortage
      499 8 Survey finds large percentage of staff with diplomas or degrees Bernama PETALING JAYA The Malaysian financial system will face shortages of skills in credit assessment and data processing (EDP), including EDP audit; and treasury management which deals in money, foreign exchange and securities in
      Bernama  -  499 words
    • Article, Illustration
      Lock icon Portfolio up by US$422 despite uneventful week
      535 8  -  THE By Paul Lao The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index futures. SANG
      Source: Refco S'pore  -  535 words
    • Article
      Lock icon Bank of NZ breaks silence on graft allegations
      284 8 Reuter WELLINGTON The Bank of New Zealand (BNZ), on the verge of being taken over by National Australia Bank, broke its silence yesterday on a raft of corruption allegations made by New Zealand's most popular politician. "Three years ago the bank was
      Reuter  -  284 words
    • Article
      Asean reinsurers to seek joint business opportunities
      252 8  -  By Soh Tiang Keng SINGAPORE Asean reinsurers agreed yesterday to step up regional cooperation and explore possibilities for joint business ventures. During a half-day meeting in Singapore, top executives of regional reinsurance firms also decided to exchange market information on their respective countries.
      252 words
    • Article
      Lock icon HK plans task force to crack down on company fraud
      264 8 South China Morning Post HONGKONG Hongkong's Monetary Affairs Branch is planning to create a special task force to crack down on company fraud. The task force could be established under a government department or the investigative powers could be granted
      South China Morning Post  -  264 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      108 8 sij_ A Unique Investment with these advantages: New Building, well designed with quality a finishes and fittings. 999 years Leasehold Tide Excellent accessibility R| 11# VL I V Exclusive Office Building II r\ 1 I 1 floors columnJ|, TENDER CLOSING DATE: RA I N 4.00 pm on 30 October I
      108 words
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      Page 8 Advertisements Column 2
      206 8 Clean indoor air. If you're serious about your indoor air quality problem, installing a Honeywell Heavy-Duty Commercial Air Filtration System is the right solution. If your job is an "indoor environmentalist," you may be aware that the air inside can be more polluted than the air outside. Some of the
      206 words
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      171 9 Fortunately, one air express company has made a departure from the rest. l Ifll^HMjHH^^^^^^fl^H y- ;i|g jpF Jr t i x 4 Ay* .^iiiHli m J-jP 1 SLa^^l iS ..-out lif- &m u^ J I MBMiMffllim Most air express aircraft. Our EXPRESSfreighter flights take off when we say so to
      171 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Canberra urged to lift import curbs on software
        60 10 MELBOURNE The Prices Surveillance Authority (PSA) called yesterday for an end to import restrictions on US-made computer software, saying Australian consumers pay nearly 50 per cent more than Americans. Removal of the restrictions would also cut Australia's foreign debt by As7oo million
        60 words
      • Article
        Asean to fight timber policy
        61 10 JAKARTA Asean has agreed to jointly combat an antitropical wood policy set by developed nations, the Antara news agency said here yesterday. The Asean countries' campaign will seek to provide objective information on tropical wood to the developed nations, Antara quoted Agriculture Minister Wardoyo as
        61 words
      • Article
        PNG wants new mining contracts
        89 10 MELBOURNE Papua New Guinea is threatening to renegotiate international mining contracts worth millions of dollars amid allegations that villagers are being exploited, according to a report here on Sunday. The Sunday Age quoted PNG Prime Minister Paias Wingti as saying that resource agreements with "a
        89 words
      • Article
        Yangon returns nationalised mills
        63 10 YANGON In another move away from strict socialism, the military junta announced on Sunday that it is returning to original owners the sawmills that had been nationalised more than two decades ago. An advertisement in the official newspaper Kyemon identified the 18 mills, named the people
        63 words
    • Article
      Lock icon US trans-Pacific trade proposal could divide Afta
      363 10 Extend plan to cover all in Asean, say analysts Reuter SINGAPORE A proposal by a senior US official for free trade pacts with a select group of Pacific nations should be extended to other South-east Asian states to avoid divisiveness, analysts said. "Obviously,
      Reuter  -  363 words
    • Article
      Indonesia invited to help advise Russia
      371 10  -  From Maggie Ford in JAKARTA INDONESIA has been invited to join an international team of advisers headed by the World Bank to help Russia regenerate its oil and gas industry and to help devise ways for Russians to manage the use of their foreign
      371 words
    • Article, Illustration
      Lock icon M'sia, Netherlands can be gateways for each other, says Dutch minister
      278 10 Bernama KUALA LUMPUR Bilateral trade between Malaysia and the Netherlands can be complementary as the former can serve as a gateway into Asia-Pacific markets for Dutch goods while Malaysia could tap the vast European Community using Netherlands as its
      Bernama  -  278 words
    • Article
      Lock icon Zero growth? We are gearing for takeoff, says Ramos
      199 10 Reuter MANILA President Fidel Ramos reacted yesterday to a leading banker's forecast of zero growth this year by saying the Philippines is gearing for economic takeoff. Mr Ramos, who has vowed to make his country another Asian "tiger" by the end
      Reuter  -  199 words
    • Article
      Lock icon Umno Youth questions call to drop bumi privileges
      371 10 AFP KUALA LUMPUR The powerful United Malays National Organisation (Umno) yesterday questioned the motive behind demands by ethnic Chinese businessmen that the government abandon its policy of giving Malays special privileges. "Why are they questioning the traditional right of the Malays which
      AFP  -  371 words
    • Article
      Lock icon Khmer Rouge refuses to take part in UN-run elections
      449 10 AFP PHNOM PENH The Khmer Rouge reasserted yesterday that the peace accords ending the Cambodian civil war are not working, that it will not take part in unfair United Nations-run elections and that Security Council action against it is unlawful. The
      AFP  -  449 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      251 10 Modern businesses are using computers to drives. That means users will not lose data nor will their operations, not merely monitor them. And the most they lose access to that data even in the event of a disk valuable asset of their MIS departments is not the computer failure. And
      251 words
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  • THE WORLD
    • Article, Illustration
      Lock icon US big business stays mostly loyal to Bush
      470 11 PiPi^Me RACF But support is not enthusiastic Reuter HOT SPRINGS, Virginia American big business is remaining broadly loyal to President George Bush with the US election barely three weeks away, partly out of fears about what a change in the White House
      Reuter  -  470 words
    • Article
      Lock icon India's recovery plan combines radical reform and caution
      295 11 Reuter BOMBAY Indian policymakers are attempting to mix radical reform with a cautious approach towards economic recovery, offering a modest dose of reflation while resisting calls for sharper cuts in interest rates. After initiating the boldest economic changes since independence 45 years
      Reuter  -  295 words
    • Article
      Lock icon Taiwan to gain from Sino-US trade pact
      297 11 AFP TAIPEI Taiwan businesses will benefit from the new Sino-US trade pact, a press report said here on Sunday, thanks to steps taken by Beijing under US pressure to accelerate the opening of the mainland market. Faced with the threat of trade retaliation.
      AFP  -  297 words
    • Article
      Lock icon Japanese want aid to Russia linked to Kuriles issue
      271 11 AP TOKYO The mass-circu-lation newspaper Tokyo Shimbun said on Sunday that 41.6 per cent of those polled favoured Japan limiting aid to Russia to present low levels unless a territorial dispute over the Kurile islands is settled. Another 34.9 per cent
      AP  -  271 words
    • WORLD WATCH
      • Article
        Early poll results show Shevardnadze leading
        73 11 TBILISI, Georgia Former Soviet foreign minister Eduard Shevardnadze has been cleeted overwhelmingly as Georgia's new leader, preliminary results of Sunday's national elections showed. Vladimir Sanikadze. a member of the election committee, said "partial and preliminary" information showed 75 per cent of the eligible population
        73 words
      • Article
        German bid to fight neo-Nazis
        52 11 BONN The German state of Saxony will hire 500 more police officers to combat crime, especially neo-Nazi attacks on foreigners, a top official was quoted as saying on Sunday. Meanwhile, a refugee home near Cottbus. south-east of Berlin, was set on fire on Sunday by
        52 words
      • Article, Illustration
        Drumming up a protest
        43 11 MEXICO CITY A Mexican woman playing a drum during a pre-Hispanic ceremony in Teotihuacan, Mexico, on Sunday. Indian groups are performing ancient ceremonies to protest against celebrations to mark the 500 th anniversary of Christopher Columbus' voyage to America.
        43 words
      • Article
        Iraq's currency crunch
        58 11 AMMAN Iraq, squeezed by two years of trade sanctions and a shrinking dinar, is showing signs of a hard-currency crunch. Dealers and traders said yesterday that Baghdad appeared to be increasingly drawing on gold reserves for basic food supplies and trying to entice merchants to accept payment
        58 words
  • Page 11 Advertisements
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      182 11 r $r if j® j-| T rt I 9 s' T L f As you can see we have been taking our LAUuL.I Italian lessons very seriously. Under the guiding hand of Master Chef Salvatore Carecci BP":\ift "5* L/LJUICD we have been acquainting ourselves with fffffjjj? I some true Italian
      182 words
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  • Article
    Realism prevails
    465 12 EDITORIAL TWO ASPECTS are significant about the agreement China and the United States signed last week. Both deal with timing. It is important that the agreement comes in the wake of Chinese criticism of US sales of F-16s and other arms to Taiwan. That decision nettled the Chinese
    465 words
  • WHAT THE OTHERS SAY
    • Article
      Just being practical
      171 12 ANOTHER BOUT of language overkill in Malaysia has subsided without harm done to any of the communities' cultural sensibilities. Nor was public calm at risk. When the rest of the national papers which had stayed out of the fray swung their support behind the Umno leadership, Utusan
      171 words
    • Article
      New ideas for tourism
      165 12 THE SINGAPORE Tourist Promotion Board's three-year plan, which will focus on putting "soft" touches to refine Singapore's tourism features, will help to boost the local tourism industry. Against stiff competition, rising costs, problems of limited space and shortage of manpower, the industry needs new, bolder and
      165 words
    • Article
      Trade ties and elections
      168 12 THE UNITED STATES and China have finally reached an agreement on removing trade barriers that prevent the entry of American goods into the Chinese market. In this way, a trade war that had been described as "no turning back" is finally averted. Where both sides are
      168 words
  • REGIONAL VIEWPOINTS
    • Article
      Make nuclear power safe
      170 12 GIVEN the pioneering work that has already been done and the official statements made about the subject, perhaps Vice-President Sudharmono's comment that Indonesia expects to have its first nuclear power plant completed within the next decade could be taken as an indication of the seriousness with
      170 words
    • Article
      Both winning and losing
      119 12 THE UNITED NATIONS Security Council's 15-0 vote to establish a war commission to investigate atrocities in the former Yugoslavia, coming in the wake of Yugoslavia's ouster from the UN two weeks ago, reflects growing outrage at the senseless carnage in Bosnia-Herzegovina. A commission which lacks teeth
      119 words
    • Article
      Cut the wastage
      204 12 FINANCE MINISTER Anwar Ibrahim's announcement of possible cuts in allocations for government agencies that have not been carrying out their responsibilities properly was unexpected. This is despite the assumption all along that Budget allocations are not based on the efficiency or otherwise of government bodies but on
      204 words
  • Article, Illustration
    Lock icon Going back to where the cows are gentler
    823 12  -  Eva Kaluzynska finds Ray MacSharry leaving one of the most important EC executive posts a contented man Eva Kaluzynska Reuter AFTER four years in Brussels taming the European Community's (EC) holiest cow its farm policy Ray MacShan-y is heading for a quiet
    Reuter  -  823 words
  • Page 12 Advertisements
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      156 12 PROPERTY '98 A Special Business Times Survey October 28,1998 Property markets In Singapore and abroad are at a crossroads. Which turning will they take? That's what everyone wants to know, and that's the question Business Times looks at on October 28. We talk to property experts about the market trend
      156 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      46 12 POONESBURY GARRY TRUDEAU BP, HOW T lIIHII I IHAPTWOHIGHSPEEP I UHffT VDU OOULDICUnCK- rhrt 1 i OH, YEAH? HOW CHASES, ONE GI/YWrTH If-SO HAW A ETPOCRStP 1 pun MAM OTHER I A BROKEN TAIL LIGHT, QUOTA? WVZKNOON aune. I PEOPLBPIPXXJ 10T5... ONB RECKESS PRMN6rf< BABESOFF I
      46 words
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  • ANALYSIS
    • Article
      John Major and the Cheshire Cat
      1311 13  -  Neville Stack feels John Major has a great chance to restore his own political credibility and to help solve the Europe-wide problem of recession at a stroke. The big question is: will he do it? Neville Stack The writer is a UK-based journalist who
      1,311 words
    • Article, Illustration
      Lock icon Talking their way to the Oval Office Talking their way to the Oval Office
      1865 13  -  R W Apple Jr assesses the performance of the three candidates at the first US presidential election debate on Sunday night R W Apple Jr NYT IN THE long-awaited first debate of the 1992 presidential campaign,
      NYT  -  1,865 words
  • Page 13 Advertisements
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      63 13 Invest in Australia's strongest commercial property market. 64 Northbourne Avenue $A20.5m Expressions of interest close on Tuesday 24th of November 1992. Prominent CBD corner location. Reversionary income. Fully leased. Vendor finance available. Depreciation allowance available. JIMMY LEE JIM WILLIAMS 223 2323 220 3888 xmes Lang vvoonon 10 Anson Road 45th
      63 words
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  • FOCUS
    • Article, Illustration
      Lock icon The awakening of the Chinese consumer
      1474 14 Retailers who once dismissed the Chinese market as poor and closed are waking up to the vast opportunities tnere NYT TWO weeks ago the Yaohan Department Store Co of Japan broke ground for what will be the largest department store in Asia. With almost
      NYT  -  1,474 words
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      179 14 RESEARCH UNITS AT THE SINGAPORE SCIENCE PARK THE CURIE, CHADWICK AND CAVENDISH STRATEGIC LOCATION Purposeful proximity to: institutions of higher learning (NUS, NUH) research institutes (IMCB, ISS, ITI) the Central Business District related high-tech companies At the gateway of the Technology Corridor With Stately Neighbours... you a e m science
      179 words
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  • Page 15 Advertisements
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      250 15 -»<t 9 *4 1 if fr 1 II (What leading industry consultants are saying about NCR's System3ooo/ I h ji iv' 'M C r tf [NCR's] open, cooperative computing... a model of A. V_^/ how open systems should be pursued.JJ International Data Corp., (IDC) USA M|| H NCR has liberated
      250 words
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  • INNOVATION & TECHNOLOGY 1
    • Article
      IT's a tool for expansion overseas: NCB chief
      446 16  -  Claire Leow looks at how this year's National IT Award winners have used IT innovatively and extensively to support their corporate goals Claire Leow Local companies, faced with limited human resources, could use information technology to expand regionally and globally, the chief
      446 words
    • Article, Illustration
      A pioneer in computerising banking
      368 16 DBS Bank DBS BANK, winner of the Private Sector Open award, "has exploited information technology aggressively as a strategic tool in creating and pioneering new products and services", according to the National Computer Board. Recounting DBS Bank's progress, the NCB noted that the bank established
      368 words
    • Article, Illustration
      Ken-Air committed to strategic use of IT
      277 16 KENNY Goh Keng Cher, chief executive officer of Ken-Air Leisure Group, was unequivocal about the need for CEOs to understand the strategic purposes of information technology. His company was singled out yesterday for honourable mention in a local enterprise's use of IT. Mr
      277 words
    • Article, Illustration
      Computers are strategic to the SAF's operations
      360 16 Ministry of Defence THE Ministry of Defence (Mindef) has kept abreast of computer technology for three decades. It began computerising its operations in the *****, using mainframes to run its personnel and payroll systems. Then, in the *****, it became the first organisation
      360 words
    • Article, Illustration
      High-tech warehouse the secret of company's success
      425 16 Yap Chwee Hock (YCH) Transport THE pride of Yap Chwee Hock (YCH) Transport is a distribution centre and warehouse at Tuas. YCH DistriPark covers 78,000 sqm and is equipped with a high-density racking system and a $5.4 million automatic storage and retrieval system.
      425 words
    • Article, Illustration
      Fewer stars, but Informatics still glitters
      706 17 The popular computerfest opens two months earlier this year, with some casualties. Joseph Rajendran previews INFORMATICS '92, Singapore's premier information technology (IT) show, opens this Thursday with the first comprehensive showcase of the national IT 2000 vision providing the glitter lost by the absence
      706 words
    • Article, Illustration
      Multi-media market expanding
      492 17  -  American software makers are starting to show more interest in multi-media technology. Helen Chang reports from Washington state Helen Chang MOST American software makers continue to take a cautious view of new "multimedia" software products, which combine text, graphics, video and sound. But major players like IBM,
      492 words
    • Article
      Asymetrix cashing in on new trend
      300 17 CLICK. The computer goes on. Click. A file on the company's mission open. Click. A video box appears and the company's founder starts talking as if from a TV screen. This is multimedia software a combination of graphics, sound, video and text. More and
      300 words
    • TECH TAKES
      • Article
        Management changes at Conner
        55 17 CALIFORNIA San Jose-based disk drive manufacturer Conner Peripherals has announced some senior management changes including the appointment of David T Mitchell as president and chief operating officer. He replaces William J Almon, who has been named as vice-chairman. Meanwhile, David Ludvigson has been appointed senior vice-president
        55 words
      • Article
        NEC S'pore wins $3.7m deal
        64 17 SINGAPORE The Registry of Trade Marks and Patents has awarded a $3.69 million contract to NEC Singapore to install the computerised Trade Mark Search Application. The application system will computerise the manual retrieval of trademarks and logos. It will also shorten the time taken for
        64 words
      • Article
        Work on Tenaga contract
        63 17 SINGAPORE Two German computer companies, soft-ware-based Systems Applications and Products (SAP) and hardware company Siemens Nixdorf Information Systems (SNI), will jointly work on a MSSB million (5537.2 million) project awarded by Tenaga National Malaysia. The contract, for a customer information and billing system, includes the supply,
        63 words
      • Article
        Ngee Ann Polytechnic's projects
        77 17 SINGAPORE The Ngee Ann Polytechnic will highlight five projects at Singapore Informatics *92, which begins on Thureday. Three of the projects are the result of collaborative efforts with Fujitsu of Japan. Both parties have been working on distance learning through the use of ISDN (Integrated Services
        77 words
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      34 16 Wf Whether you fly with us on our daily non-stop to London Or enjoy our free stop-over in Bangkok Remember, nobodv fl it::: o o w r Call Qantas on *****44»0£ your travel agent.
      34 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      301 17 Inside T From the moment you drive through French wrought iron gates down a landscaped avenue, past a sculpture and the Balinese-inspired lily pool, to the port 6 coch6re greeted by the perhaps the sunken courtyard with golden take curvilinear swimming pool) you know why a Difference. beginning. Outside Only
      301 words
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  • Page 18 Advertisements
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      555 18 MNothingßcatsAßucLM or A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11 .30 am to 2.30pm Sun 10.30 am to 2.30pm Kings Havelock Road. Singapore 0316. Tel: 733 0011 4MEMUROfCDI HOT!IS Indulge in the pleasures of Afternoon Tea at Tea Lounge. I Enjoy afternoon
      555 words
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      Page 18 Advertisements Column 2
      215 18 WHERE TO WINE, DINE Sugar 'N Spices is everythiig nice! f Spices. With renditions of old hits that'll whizz you back to the 50s and I Swim wear Fashion Show mctMS«wpnlini(l ?«m I CAPTIVATING MOMENTS SmvX y ijAn JjifiM I rM flyY < Tuesdav is ladies' night with live entertainment
      215 words
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      Page 18 Advertisements Column 3
      326 18 ju L'. r^f'.j^ft)JßSßßß*7r jflrl Amidst Imperial splendour, our chefs fiMmjbl stage their highly-acclaimed performance HMb^x I rfmmJ J of legendary Beijing cuisine to the satis- gKr»|jF< \i.9llJ (action of demanding dlners.To guarantee y**" P*®" moo B sf the discerning, make I' your reservations early. 15th floor I 333 Orchard Road.
      326 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      704 18 TELEVISION AND RADIO T3 /A 1 T| I*l r\ AVC Q Rri o 5.30 Young Robin Hood (Cartoon). 4.35 Little House on the Prairie. ri IQINFSS ON RADIO IX 111 I I I II It 6.00 Potret Ketuarga (M). 5.30 Mighty Mouse and Friends "~T~T AX*# k_J ?25 pM ()pcni
      704 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Faye's done away with glitz
      1147 19  -  Betsy Sharkey on one fiftysomething actress' fight to change Hollywood's definition of a leading lady Betsy Sharkey NYT FAYE Dunaway is doing her best to look ordinary. Barefoot, sandals kicked off, the steely, high-gloss star of Bonnie And Clyde, Chinatown and Network is curled up
      NYT  -  1,147 words
    • Article
      Lock icon Just what does it take to make a southpaw?
      362 19  -  Luba Vikhanski reviews research on what causes lefl-handedness Luba Vikhanski NYT IF YOU have something in common with George Bush, Bill Clinton and Ross Perot that is, if you're left-handed a new study may help explain why. Although it largely remains
      NYT  -  362 words
    • Article
      Was Michael Jackson used as political pawn?
      478 19 A BUCHAREST conqrrt by pop music superstar Michael Jackson has ignited a controversy over whether President 100 Iliescm, a veteran communist, staged the event at a financial loss to help him get re-elected. lliescu's press office and his foreign minister, Adrian Nastase, issued
      478 words
    • Article, Illustration
      Playing truth or dare on French national TV
      115 19 MADONNA making her only public appearance at the weekend oa France's ly prestigious 7 Smr 7 programme, and, by all kcoH, was remarkable only for the single, shining gnld tooth marking her previously whiletoothed smile. What does Madonna think of the fighting
      115 words
    • Article, Illustration
      Lock icon When the human body is indeed a work of art
      462 19 New York's Tattoo Fest is art show, freak show, peep show rolled in one AP RUMPS, breasts, backs, thighs, hips, calves, ankles all were adorned with ink and on display as human canvasses showed off their body art for each
      AP  -  462 words
  • Page 19 Advertisements
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      175 19 AND ENTERTAIN The Orient Express Capture the spirit of the Orient with culinary flavours from the Chinese kitchen Every Tuesday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ For reservations, please call ANA HOTEL 732-1222 extension 1700 SINGAPORE TMtftra mi rja 1 m ■BUyw
      175 words
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  • SPORTS
    • Article, Illustration
      Lock icon Faldo cruises to Match Play victory
      566 20 Sluman crushed in most one-sided final in history of tournament AFP WENTWORTH. England Nick Faldo cruised to a second World Match Play crown last Sunday, crushing American Jeff Sluman eight and seven in the final here. The world number one won the most one-sided
      AFP  -  566 words
    • Article
      Lock icon Spassky and Fischer slog to draw
      769 20 American slated to meet world's top woman player NYT, AFP BELGRADE Boris Spassky and Bobby Fischer slogged to a draw last Sunday in Game 18 of their exhibition chess match in Belgrade. The score stays the same: Fischer 7, Spassky 3. In this series
      NYT,; AFP  -  769 words
    • Article, Illustration
      No horsing around
      39 20 PRAGUE Horses and riders stumbling last Sunday over the difficult Taxis ditch jump at the Pardubice steeplechase race. Only five horses finished the event, which is considered as one of the world s toughest horse races
      39 words
    • Article
      Lock icon Devoy to play for New Zealand in team event
      262 20 AFP VANCOUVER Susan Devoy, who announced her retirement after winning a fourth squash World Open title here last Saturday, has reconfirmed her commitment to helping New Zealand win a team medal this week. There was speculation that the woman who has
      AFP  -  262 words
    • Article, Illustration
      Lock icon Ivanisevic revels in 'home crowd' support
      459 20 AP SYDNEY Australia is just a home away from home for Croatia's Goran Ivanisevic. Cheered by hundreds of chanting, flag-waving compatriots, the second seed was focused and dominant in routing underpowered defending champion and top seed Stefan Edberg 6-4, 6-2, 6-4 in the final
      AP  -  459 words
    • SIDE LINES
      • Article
        Cook clinches Las Vegas Open
        96 20 LAS VEGAS John Cook, disappointed by runner-up finishes in two major championships this year, won from the front last Sunday in the Las Vegas Open to claim his third golf tournament of the season. His win made him only the eighth player on the US
        96 words
      • Article
        Langer bags Honda Open title
        66 20 HAMBURG Bernhard Langer shot a final-round three-un-der-par 69 last Sunday and cruised to his 27th career PGA European Tour victory, a three-stroke win in the U*****,500 (SSI.2 million) Honda Open. The German finished with a 72-hole total, 15-under par 273 for his second victory of
        66 words
      • Article
        Un-Forgettable feat
        88 20 TOULOUSE Frenchman Guy Forget continued a remarkable family history when*he beat Petr Korda 6-3, 6-2 in the Grand Prix de Toulouse here last Sunday. It was 27-year-old first win in 11 months and his third victory at the U*****,000 (*****,000) ATP tournament, where he was seeded second. Forget
        88 words
      • Article
        Comeback triumph for Graf
        37 20 ZURICH Top seed Steffi Graf rallied brilliantly to beat second seed Martina Navratilova 2-6, 7-5, 7-5 for her fourth successive European indoor title last Sunday. It was Grafs sixth success in the tournament.
        37 words
  • Page 20 Advertisements
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      217 20 5r KF**< -3raBK^y^BBB^^BßoßßE^^BfflFv > t^w^MrfBi^flSflJBp^^' HB fl ;yi^Tj the sparkling waters of Shanghai, amidst cool autumn breezes, the Shanghai hairy crab makes its annual sojourn to Singapore. These crustacean delights can be enjoyed in its full glory; steamed with garlic and simmered in Chinese wine at Moon Pavilion Chinese Restaurant
      217 words
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      Page 20 Advertisements Column 2
      17 20 WSM; ancTget FAST EFFECTIVE RELIEF! Son Distnbuiw Summit Co (S) Pte Ltd Available at all leading pharmacies.
      17 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      DBS-Stanchart rumour fails to spice up market
      3851 21  -  By S N Vasuki JUICY TALK of a takeover normally adds pep to any stock market. But the Singapore market yesterday shrugged off rumours of DBS Bank acquiring an equity stake in Standard Chartered Bank. Instead, the benchmark Straits Times Industrials Index ended
      3,851 words
    • Article, Illustration
      Lock icon HOT STOCK
      91 21  -  By Paul Leo SIME DARBY Bhd has risen from $2.24 in mid-August to $2.85 and looks ripe for a correction. Weekly and daily stochastics near 100 suggest an overbought situation. The RSI has been rising with the stock price. But the last high in the stock price coincided
      SOURCE: BRIDGE INFO  -  91 words
  • Page 21 Advertisements
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      95 21 LA. C PA. I A B Since 1735 there has J X NEVER BEEN A QUARTZ BIANCPAIN WATCH nd there never w|ll be Singapore THE HOUR CLASS Lucky PUu Tel *****2Q> I Scorn Tel 2*W27/719« Centrepoint Tel 7541 ">0)1603 Peninsula Plaza Tel *****0<*338V>63 World Trade Centre Tel *****07 Palais Renaissance
      95 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3200 22 Jurong Eng 50* 336 +14 +4.3% FAN 960 +10 +1.1% SPH Foreign 1290 +10 +0.8% Amtek Eng 20* 170 8 +4.9% SPC Foreign 278 18 4 3 0% Hole) Prop 172 +7 +4 2% Semb Maritime 225 +6 +2.7% Chuan Hup 108 +5 +4.9% Jurong
    3,200 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      34 22 iVj% -trtortf fiiil^Ki md £f > ...i*- xM** jL?2I*JT' n ;~J V <4 *--1' va. >r* r f* ft Z> r&r *M?* *'> is* s mm' J: WBsterCord, 10 million btSsfamßts wo -r: .v>^' i I
      34 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3378 23 M Banking 625 +15 +2.5% Magnum Corp 50* 545 +15 2 8% GIL USS0.10 109 +7 +6.9% Leader U 730 +10 +1 4% Esso 50* 406 +6 +1.5% UMW 370 +6 +1 6% MCB Hldgs 50" 90Vj +5Vi +6.5% Gentings 50« 805 +5 +0.6% NST
    3,378 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      40 23 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3608 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... |To your Appointments or Notices, cat tolMree 737-0043 h Bnslness Times B Appointment Ads Help You Find The Right Candidate
      40 words
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      Page 23 Advertisements Column 2
      170 23 OFFICIAL NOTICE We, OILRIG LINES PTE LTD of NO. 1. BENOI ROAD. SINGAPORE 2262 hereby give notice that In consequence of purchase of "RIG TENDER PIPIT", we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) In respect of the ship
      170 words
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      Page 23 Advertisements Column 3
      240 23 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF RANTHAM PTE LTD (In Mimtoefi' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thtf pursuant to Section 306 of the Companies Act. Cap. SO. the Final Meeting of the members of the abovenamed Company
      240 words
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      Page 23 Advertisements Column 4
      291 23 M THE MATTER OF THECOMPAMESACT, CAP. SO AND M THE MATTER OF ELDES-ELECTROMC DEVELOPMENT (S) PTE LTD (In Mtmbtrt' Volmtvy WMngnip) NOTICE S HEREBY GIVEN t*l twcredtorsdtheobovacompony, twhch a berg w4jnur% wound--19, we required on or before, 12th day d November 1902, to eendia their mm and addreaeea and partcdem
      291 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      200 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) KhongGuan Oct 9 Ape 92 MKJ6191) 0 9(—) Swens Asia Pac Oct 3 Jun 92 $2,558($1,504 78(48) 18(-) SimeUtPProp Oct 2 Jun 92 M$78.380(M$64.970) 19 4(161) 20(12 5) M Banking Oct
      200 words
    • Article
      CORPORATE DEVELOPMENTS
      159 24 Oct 8 First Capital Corporation has launched the third and final phase of its 500-umt Chiltern Park apartments at Lorong Chuan. Local contractor L&M Group Investments Ltd has acquired a 70-per-cent stake in Australian construction company Idoas Pty Ltd for As 2 million. Sesdaq-listed Swens Asia-Pacific Ltd has
      159 words
    • Article
      APPROVED ISSUES
      378 24 Company Rights Issue Golden Hope One-tor six MSI bO per share Ei-date Aug 27 Books dose Sep 10 Acceptance Payment Oct 22 MAS One-tor-one <& MS5 00 per share Ex4ate Sep 7 Books dose Sep 21 Acceptance Payment Nov 2 0C8C One-tor-five <g, S3 00 per local share
      378 words
    • Article
      COMPANY MEETINGS
      116 24 Orchard Pvade HMp Ltd: EGM at the Golden Shower Room HI, Orchard Parade Hotel, 1 Tangltn Road, Singapore 1024 on Tuesday, October 13 at 12.00 noon OUB Ltd; EGM at the Board Room, 45th Storey, OUB Centre, 1 Raffles Ptace, Singapore 0104, on Wednesday, October 14 at 10.30
      116 words
    • Article
      SCRIPLESS CONVERSIONS
      329 24 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (IDP) (ST) starts Alex Hldgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Ceretos Oct 16 Nov 12 Nov 2 Nov 12 Nov 13 Chemical Ind Nov 9 Dec 3 Nov 23 Dec 3 Dec 4
      329 words
    • Article
      DIVIDENDS ANNOUNCED
      973 24 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 51(1) Sep 18 Sep 30 Oct 15 5% 12 2* AMDS 50c 3.51(b) Sep 10 Sep 24 Oct 23 3 5% 3 5% Bedford 50c 1% Nov 2 Nov 16 Dec
      973 words
    • Article
      PRELIMINARY RESULTS
      321 24 Company Date Yur Growp pre-tax Net earnings Grus ann to profit/loss (L) per share dividend (>000) (cents) Amal Steel Sep 30 Jun 92 M$134,025(M$143,495> 164(13) 12(10) Anuh Sep 30 Jun 92 M$25,132(M$37.468) 64(11 9) 6TE(6) 8-iiofd Sep 30 lun 92 M$40.092t(M$25,500) 3 2t(2 2) 2(-) Lann Dev Sep
      321 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      329 24 Ia local chit la S$ la US$ dy yr %yr dy yr Oct 9 Index cfagc chge ctege chgc chgc chge Worid 370.7 -0.3 -9.2 -0.3 -10.4 -0.7 -9.6 $EAFE 434.9 -0.2 -13.4 -0.4 -14.3 -0.7 -13.5 Europe 391.9 0.0 -4.7 0.1 -8.3 -0.2 -7.5
      329 words
    • Article
      INTERIM RESULTS
      206 24 Company Dato Half-year Group pro-tax Interim ana to pro(ft/lo»» (L) dividend C000) George Kent Oct 5 Jul 92 M$12,898(M$5,226) 8(5) Jacks Int I Oct 5 Jul 92 $683 ($1.4981) Johan Hldgs Oct 5 Jul 92 M$9.592(M$2,762L) Itwio-Pacific Oct 1 Jun 92 $2,3311 (S1.243) Alliance Tech Sep 30 Jun
      206 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    592 24 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  592 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices end mixed amid pre-Budget reservations
      5344 25 Bernama SHARE PRICES retreated from initial highs yestetday to close narrowly mixed as the lack of fresh incentives and the reservations ahead of the month-end unveiling of the 1993 Budget continued to stifle sentiment. But, some index-linked buying kept main board indices in the
      Bernama  -  5,344 words
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  • CHINA STOCK EXCHANGE
    • Article, Illustration
      Lock icon News on review, listings boosts Shanghai A market
      414 26 CLSA SHANGHAI'S domestic market saw another encouraging day as the CLSA Shanghai A Index rose 5.3 per cent to 4,7/14.27 yesterday. investors welcomed the news that all of Shanghai's listed companies will review their third-quarter results and development plans tomorrow, and the
      CLSA  -  414 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Shares end little changed in quiet trading
      941 26 STOCK PRICES ended little changed in quiet trading with only a few large transactions yesterday. "There's only individual investors. They are getting selective on some favourite shares," one broker said. the Official Index gained 3.03 points to close at 302.86. Hero Supermarket was
      941 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks close lower in technical correction
      2116 26 Reuter STOCKS finished lower across the board yesterday in a major technical correction after recent rises and on investors' concern about volatility in New York, brokers said. •**Yhe SET Index ended 14.63 points, or 1.65 per cent, lower at 871.71 on turner of 9.40
      Reuter; Source: Bridge Info  -  2,116 words
  • Page 26 Advertisements
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      57 26 Willi lU IlllUiUW AIM HII I I 111 lA BII'H I I M I I ■111 111 H ■111 Find out in I I■ I I ■I I H lII' I II I I ■▼I I I Personal Investment and Finance. II I I I ■I I 111 II I
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Small-lot buying keeps market buoyant
      2576 27 Reuter STOCKS ended higher in thin trade yesterday. The market was supported by small-lot buying of individual issues such as electrical and exporter shares, with sentiment encouraged by the steady yen, but most investors sat on the sidelines amid a lack of buying incentives, brokers
      Reuter  -  2,576 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks rally in wake of Sino-US pact
      2267 27 Reuter STOCKS closed impressively higher yesterday, though afternoon trade was muted after an exuberant opening in the wake of Sino-US trade agreement, dealers said. "Today was better than expected. The principal reason was the (Section) 301 agreement which seemed to be unqnalifta* and
      Reuter  -  2,267 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes lower in subdued trading
      2011 28 Reuter THE Australian share market ended lower yesterday in trade subdued by continuing uncertainty overseas. Brokers said the only remarkable event of the day was the announcement by Campbell Soup Co of the United States of a A 51.23 billion (551.42 billion) takeover bid
      Reuter; Source: Bridge Info  -  2,011 words
  • REGIONAL STOCK MARKETS
    • Seoul hit by political uncertainty
      • Article
        SEOUL
        810 28 FEARS of political instability put further pressure on shares yesterday and brokers said low levels of institutional support failed to buoy the fragile market. "Co-chairman Park Tae Joon's departure from the ruling (Democratic Liberal) Party put a dent in the market throughout the day," said Huh Eui Do of
        810 words
      • Article
        TAIPEI
        486 28 SHARE PRICES yesterday reversed early gains to end lower in sluggish trade as investors stayed away from the market, waiting for a clear trend to follow, said brokers. The Weighted Index closed 19.92 points lower at 3,602.83 while turnover fell to NT$lO.6 billion. The market was closed on Saturday
        486 words
      • Article
        BOMBAY
        101 28 INDIAN stock prices closed lower yesterday. The Bombay Stock Exchange Index dropped 101.64 points to close at 3,173.60. The National Index also fell, closing down 43 at 1,408.67. The Delhi Stock Exchange Index lost 23 points at 733.45. "It is generally agreed that the mar- ket is overpriced at
        101 words
      • Article
        INDICES & TURNOVER
        50 28 INDICES TURNOVER Cleee Oct 12 NEW ZEALAND NZSE-40 Capital 1,375.56 1,3(3.42 •7.16 MANILA Composite Index Turnover (mil peaos) 1.391.M 331.6 1,408.13 342 -16.25 •10.4 TAIPEI Weighted Price Index Turnover (NTS billion) 3,602.13 10.6 3,622.75 17.37 •19.92 -6.77 SEOUL Composite Stock Index Turnover (billion won) 514.90 152.09 525.77 137.34 -10.17 4-14.75
        50 words
      • Article
        NEW ZEALAND
        288 28 SHARES staged a partial recovery in afternoon trade yesterday to end only slightly lower. The NZSE-40 Capital Index ended 7.86 points down at 1,375.56, after earlier plumbing its intra-day lows for the year at 1,366.85. Turnover was worth NZ$lB million. Charles Batchelor of CS First Boston said good
        288 words
      • Article
        MANILA
        524 28 SECOND LINERS gained in active trade yesterday but the Manila stock index slipped, reflecting the weak performance of favourite blue chips linked to the index. The Manila Stock Exchange Composite Index shed 16.25 points to close at 1,391.88. "It's the second liners mounting a rally," said Joseph Roxas, a
        524 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar closes lower in Tokyo on Greenspan's comments
      1040 29 REPORTS THE US DOLLAR ended nearly one yen and more than two pfennigs lower in Tokyo yesterday, but recovered some early losses, dealers said. The downturn in the dollar was triggered by weekend comments by Federal Reserve chairman Alan Greenspan, and
      1,040 words
    • Article
      Lock icon French franc rises to rank of secure currency
      379 29 IHT PARIS The rehabilitation of the French franc to the rank of a secure currency got under way last week with the re-opening of that sector of the Eurobond market. Two large issues, for the European Investment Bank and Credit Local, were
      IHT  -  379 words
    • Article
      FINANCIAL FUTURES
      1495 29 SIMEX EUKOOOUA* Open High Low Sett Est Vol Act/Vol Op/Int Dec 92 96.75 9675 9672 9672 ***** ***** ***** Mar 93 96.68- 96.69 96.64 96.64 ***** ***** ***** 96 67 Jun 93 9677 96.33 96.27 96.30 7000 3589 ***** 93 95.85 95.89 95.83 95.87 2 500 1470 3907
      1,495 words
    • Article
      INTERBANK FOREX RATES
      406 29 Cross rates 0*12 USS SS M$ Dm Yen SFr AS NZS l/SS 1.6090 2.5070 1.4680 121.25 0.5834 1.2980 1.3928 1.8467 SS 0.6215 1.5581 0.9124 75.3574 0.3626 0.8067 0.8656 1.1477 j MS 0.3989 0.64 0.5856 48.3646 0.2327 0.5178 0.5555 0.7366 Dm 0.6812 1.0960 1.7078 82.60 0.3974 0.8842 0.9487
      406 words
    • Article
      MONEY MARKET
      541 29 Interbank rates S$ Bid Offer Overnight 11/4 13/8 1-month 1 3/16 I 5/16 2-month 1 1/4 1 3/8 3-month 1 5/16 1 7/16 Overnight mode: 1-1/4 USS Bid Offer 7 days 3 3/16 3 *16 1 month 3 3/16 3 5/16 2 months 3 1/8 3 1/4 3
      541 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon No relief in sight for falling nickel prices
      397 30 FT LONDON The failure of the nickel market to respond to production cuts by the Western world's biggest producer underlines the continuing gloom in the base metals market, which once again suffered price falls across the board. However, analysts have not been
      FT  -  397 words
    • Article
      Lock icon Upgrading keeps coffee prices up in Japan
      231 30 Reuter TOKYO Coffee drinkers are enjoying the lowest world prices in nearly 20 years, except in Japan, where manufacturers have chosen to upgrade their coffee products rather than slash retail prices. "The coffee industry is using more of the better quality beans to
      Reuter  -  231 words
    • Article
      KL tin closes unchanged on lack of support
      758 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market held unchanged at M$ 15.39 per kg from last Friday's close on lack of support. Dealers said most sellers were not keen to dispose of their stocks on buyers' reserve as
      758 words
  • Article
    PRICES
    1497 30 WtWL-*8WD»f WE Rubber HAS Commodity Exdwiif (hrtrw dwlf «t lpw) USS 1 Cowtrad (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 145.25 145.00 145.25 175 2,100 Dec 143.75 143.25 143.50 200 2,975 Jan 93 140.50 140.25 141.25 350 5,100 Feb 139.50 139.25 140.25 350
    1,497 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      30 30 vnurs IN Find out in Personal Investment and Finance. Every Saturday in Business Times Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
      30 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1163 31 Fight ETA Flight ETC City Flight ETA Flight ETD Ma DM* GA887 1230 GA892 0100 SQ105 1050 MH670 0950 GA893 1400 GA886 2340 MH642 1220 |Qj06 J045 MMil SQ228 2025 QF82 2205 SQ107 1305 MH641 1315 taMn KL837 1340 SQ109 1405 MH610 1410 GA893 1400 GA892
    1,163 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Not just any boaring business
      703 31  -  POSTCARD FROM SPAIN By Joseph Durse MOST locals in this village in north-central Spain, near one of Spain's most isolated regions, regarded Salvador Arotzarena as eccentric to think that anything would sprout on 678 hectares so rocky and hilly that it had defied reforestation by
      703 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1490 1.1590 Canadian dollar 1.2745 1.2845 NZ dollar 0.8615 0.8815 Sterling pound 2.7460 2.7560 US dollar 1.6050 1.6100 Iiocal dollars to 100 units of foreign currency Austrian schilling 15.40
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      79 31 Duration Title Venue Organiser Tel Nov 7-15 International Barcelona. Foirc De (34)3/*****51 Caravaning Show Spain Barcelone Nov 10-14 International Bilbao. Spain Fcria 34-4/*****22 Exhibition of the Internacional (fax) Naval. Maritime. de Bilbao Port Sl Offshore Industry Duration Title Venue Organiser »lit Nov 11-22 Geneva Fair Geneva Societe
      79 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Pinnair's 35 European destinations Check with your travel agent or call *****77 for more details. Wa know Europe Groin aUrt to Finroah
      38 words
    • Advertisement
      Page 31 Advertisements Column 2
      48 31 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 749 2577, and ask for home or office delivery service.
      48 words
    • Advertisement
      Page 31 Advertisements Column 3
      72 31 S pore women Kiwi n country Meet "Kathy". She's 43, and a jobless widow. She lives in New Zealand in a bungalow and has two cars. Yet she's close to broke. She can't... won't return to Singapore.Why? Special series by Irene Ng on how people £3& Then meet Jamie 30
      72 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      255 31 H K BE HK MM 7 Ocean silt may be strand- HB——^^^^ 8 Quietly start to pray (5) |Ml H Hi 10 Intimation that union trouble and about to be terminated (8) In wars tuning scientist (6) MM HI ■H ■■|H 12 Game explorer (4) 13 Make up on the
      255 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      156 31 Singapore Outlook: Showers over several areas in the morning. Report Maximum temperature 31.0 Assoc humidity 73% Minimum temperature 25.1 Assoc humidity 95% Hours of sunshine 2.55 Rainfall in mm 0.1 Rainfall this month 116.3 Rainy days this month 8 World report Asia-Pacific Hi/Lo* Cond. Bangkok 32/24 Cloudy Beijing 21/09 Cloudy
      156 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      25 31 psvA c,i? woo drop me Prr,—-—J GGar,,T r £,-5" rot RejGvNPVUQ STReJET /^>rl n| M C7\ FO? s^ s —Y~ 678 ASSOCIATED MtWSPAPtRS I'D 1»H
      25 words
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  • Article, Illustration
    Lock icon Bush fails to turn debate to his advantage
    664 32 Clinton holds on to lead; Perot impresses with wit Ep' Reuter WASHINGTON President George Bush appeared the clear loser in the first presidential debate on Sunday because he failed to shake up a race he must totally turn around to win. Democrat
    Reuter  -  664 words
  • Article
    Lock icon Minister's call for resignation may spell end for Kanemaru
    276 32 Reuter TOKYO A Japanese Cabinet minister's blunt call yesterday for the resignation of the ruling party's scandaltainted backstage boss could spell the end of Shin Kanemaru's reign as "kingmaker". "There is no other course but for him to take moral responsibility
    Reuter  -  276 words
  • Article
    Lock icon Secret EC treaty plans 8-nation group: report
    441 32 But Commission and UK deny report Reuter LONDON European Commission officials have drawn up a secret treaty that would allow pro-federalist states to pull out of the European Community and set up their own group if the Maastricht treaty fails, the Times newspaper
    Reuter  -  441 words
  • Article
    Lock icon US and EC say trade talks proceeding reasonably well
    273 32 AFP, Reuter BRUSSELS Talks between the US and the European Community here to reach a last-ditch compromise in Gatt world trade negotiations were proceeding "reasonably well", the two sides said yesterday. But they added there had been no breakthrough in a
    AFP,; Reuter  -  273 words
  • Article, Illustration
    Foreign skilled labour a welcome resource
    659 32  -  The Bottom Line SALIL TRIPATHI The writer is a BT journalist SOUTH-EAST ASIA'S hospitality to foreign investment has justly earned admiration from a world that continues to marvel at this patchwork of scattered islands which lifted themselves out of certain poverty in a mere
    659 words
  • Article
    Lock icon Taiwan eases curbs on exports to China by state firms
    241 32 Reuter TAIPEI Taiwan, gradually removing curbs on economic ties with China, has eased a four-decade ban on exports to China by state-owned firms, officials said yesterday. The change, made last week, allows state enterprises to export certain goods to China
    Reuter  -  241 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      251 32 ma WM Serious? Lotusl-2-3 and a CD-ROM Drive for just *****? I©We Are. B Yes! Lotus 1-2-3 for Windows (with Multimedia cleaning mechanism). It is compatible with all Smart Help) worth $699 and the award-winning standard DOS, Microsoft Windows as well as Laser Mate CD-ROM Drive in a special bundle.
      251 words
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      Page 32 Advertisements Column 2
      19 32 Talking their way to the Oval Office, Pg 13 US big business stays mostly loyal to Bush, Pg 11
      19 words
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      Page 32 Advertisements Column 3
      16 32 SINGAPORE COMM Distributor of the most sought after Key Telephone System Tel: 278 7088 J 5
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  • Shipping Times
    • Article
      Call to train more officers to alleviate shortage
      420 33  -  By Juliette Walker SINGAPORE The shortage of seafarers, which has long-plagued the shipping industry will worsen unless the number of officers trained annually is tripled, a representative of the International Shipping Federation (ISF) said yesterday. David Dearsley, general secretary of the Londonbased
      420 words
    • Article, Illustration
      South Korea builds its first submarine
      55 33 SEOUL A balloon burst open with ribbons just before South Korea's first developed submarine by Daewoo Shipbuilding and Heavy Machinery Ltd began to submerge yesterday at Okpo shipyard on Koje island, off South Korea's south coast. President Roh Tae Woo and Mrs Roh were
      55 words
    • Article
      US subsidiary wins bid to operate Thai depot
      326 33 BANGKOK THE State Railway of Thailand (SRT) has awarded a five-year contract to SSA Thailand Co to use a plot of land in Bang Sue near Chatuchak Park to operate an intermodal terminal. SSA Thailand Co, a branch of US-based Stevedoring Services
      326 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      894 33 P«ge Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 Alpha Feeders 6 1 ANL 3 1/2 Asia Cont Lines 14 S ASCL 5 9 Avia Airways 9 3 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank
      894 words
    • Article
      Lock icon Fishermen seek US$2.4b from owner of Nagasaki Spirit
      227 33 AFP JAKARTA Indonesian fishermen are demanding US$2.4 billion (SS3.B billion) in compensation from the owner of a tanker that collided in the Straits of Malacca last month and polluted the sea, press reports said here yesterday. The North Sumatran chapter of the
      AFP  -  227 words
    • Article
      Stolt incurs net loss for first nine months
      478 33 GREENWICH Stolt Tankers and Terminals (Holdings) SA has reported a net loss of US$lB6,OOO (*****,600) for the ninemonth period ended Aug 31. In the same period last year, the group achieved a net income of U5542.4 million on net operating revenue. Stolt
      478 words
    • Article
      Lock icon Chile joins in barring plutonium ship
      154 33 Knight-Ridder SANTIAGO Chile has joined Argentina in its effort to bar a Japanese ship carrying plutonium from sailing through the area. The two South American countries have agreed not to allow the ship carrying plutonium to sail through their territorial waters, news reports here
      Knight-Ridder  -  154 words
    • LOG BOOK
      • Article
        ISMA extends audit period
        87 34 CYPRUS The International Ship Managers Association has extended from 12 to 18 months the time available for companies to be audited for its code of standards. Founding president David Underwood told the ISMA annual general meeting in Cyprus recently that the association's code was the most
        87 words
      • Article
        ABS awards quality certificate to BCI
        79 34 BANGKOK The American Bureau of Shipping (ABS) recently awarded a quality assurance certificate to Bangkok Container Industries Ltd. The certificate ensures that BCI is equipped with the capacity and quality assurance systems to produce containers in accordance to ABS rules and International Standards Organisation's
        79 words
      • Article
        Cocaine seized in Manila airport
        79 34 MANILA Philippine customs officials yesterday seized a 64kg cocaine shipment at Manila airport, a customs official said. The shipment, labelled "harmless chemicals" and estimated to be worth 160 million pesos (5510.2 million), arrived from Italy two months ago and was impounded pending laboratory tests to
        79 words
      • Article
        Expand role of surveyors: owner
        94 34 ATHENS A wider role for the surveryors of classification societies was championed by a leading Greek shipowner last week when he expressed concern about the proliferation of ship inspections by technicians who were unfamiliar with the individual vessels. Capt Panayiotis Tsakos, whose Tsakos Shipping Trading
        94 words
      • Article
        Japan denies report on truck users
        92 34 K TOKYO Japan's Environmental Agency denied a Japanese newspaper report that it will give truck users a longer transition to switch to low-pollution diesel trucks. Asahi Shimbun, a Japanese daily, reported on Sunday that the agency had decided to allow a transition period of
        92 words
      • Article
        Paris opens new transit facility
        48 34 PARIS Aeroports de Paris (ADP) has opened a new facility for live animals in transit. About 1.2 million birds, 19,000 rodents, 14,000 reptiles and amphibians, 4,400 cats and dogs, 1,600 monkeys, 650 horses and 2,000 other animals pass through ADP airports every year.
        48 words
    • Article, Illustration
      Boom time for Indon yards
      1583 34 Shipyards in Indonesia are enjoying an upsurge in demand for newbuildings, with domestic orders forming the bulk of the orderbook NO NEWS is good news, at least for Indonesian shipbuilders. In the past copious articles had been written on how government could do its bit
      1,583 words
    • Article
      THE SHIPPING GUIDE
      9174 42 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
      9,174 words
    • Article
      SHIPPING AGENTS
      3314 47 Containeriine NV: Betsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (9)/Accord Contr Line (PK/PN). Adkris Bwinns Corporation Philippine C'alsource Shpg Trdg Pte Ltd (S) \hrenkiel Uner Service: Kim Shpg 1 rdg (S). Albatros Sea- Air Service: Frata Shpg Pte Ltd
      3,314 words
    • Article
      COURIER SERVICES
      260 47 Abacus Courier* Td: 545-8011. Fax: *****98 Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Liak International Td: 344-3377. Fax: *****50. Ouster link Supplies A Services
      260 words
    • Article
      AIR FORWARDERS
      1484 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerotink Freight International Td: 545-8033. Fax: *****05. Td; fl Fax; *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air Market
      1,484 words
    • Article
      PORT CONDITIONS
      3640 48 ALBANIA Durres: Si* vessels in port of which I discharging milk powder. I bulk wheat. 1 fertiliser. I loading coal. I milk powder. I ferrochorome. ARGENTINA Labour working normally. Buenos Aires: Berthing situation normal, with no delay expected. Sail Loreaza: Port fully occupied with 6 vessels pperating, 4
      3,640 words
    • Article
      SHIP SALES & TANKER RATES
      893 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Iron Master 127,774 dwt and built April 1982 Hyundai; recent sale to clients of Louis Dreyfus reported to have failed as the agreed price was deemed too low. Vessel is only available if a price of USslBm is achievable. Pohang; 120,063
      893 words
    • Article
      AIR FREIGHT SCHEDULE
      557 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type L*ll> T To TODAY TODAY NCA KZ203 B747F 0145 I NRT S1A SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 1 TYO KAL
      557 words
    • Article
      CRUISE & FERRY SCHEDULES
      230 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Nunc of V essel ETA ETD Poets of Calls Port Agent Telephone No OCTOBER 14 14 Fantasy World 1000 1900 Sin-Jakarta Lauw Sons 227-8284 18 18 Fantasy World 1000 2000 Sin-P Klang Lauw Sons 227-8284 21 21 Fantasy World 1000 1900 Sin-Jakarta Lauw
      230 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        708 49 Vrod toy Hp B«rtt Vmi PqwrWt Marina Terminal 1 Awaiya 002 M04 alongside 1310/2300 Baton Baru B188 M03 alongside 12 10/2300 Batam Maiu *****2 M03 alongside 1310/0500 Batam Murm *****2 M04 alongside 13.10/2300 Batam Sayang *****2 M04 alongside 13.10/2300 Batammdo 1 1256S M01 alongsale 1210/1900 Btm Bahagia
        708 words
      • Article
        MALAYSIAN PORTS
        229 49 Unit MHeOfc run Berth: 1: Geniki; 2: Bangbua; 3: Nippon Maru; 4: Silver Feng; 5: Kota Jasa; 6: nil. 01 jetty: ml. DC): Hebns. Due on Oct 12: Winangun, Cerlang, Likas Venture, Tomoh Satu, Timber Trader, Xin Hua 9, Ever Vital, Johan Pearl, Aries. Due on Oct 13:
        229 words
      • Article
        CONTAINER SCHEDULES
        1620 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SMp Voy No Containen mjhMt Ship Voy Ho Containers mhtlt Benia Bhum 47S 11.10.92 0755 Creator Oil COO(EST) 12.10.92 2100 M Muharraq C9223E 11.10.92 0800 Takan IV 4-072 COO(EST) 12.10.92 1500 Siri Bhum 526N 11.10.92 0810 Tiger Bndge 225N COO(EST) 12.10.92
        1,620 words
    • Article
      TRANSPORT DIARY
      826 50 Ocjt 13-16: Seatrade Asia-Pacific Cruise Convention, organised by Seatrade. The event will take place at The Westin Stamford and Westin Plaza. Oct 21 (1215-1430 hrs): Luncheon talk on Implementation of GMDSS organised by Singapore National Shipping Association at WTC Club. For further details, please contact SNSA at tel:
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      Lock icon US airlines likely to post smaller 3rd qtr losses
      465 52 Summer fare war blamed for dismal results Reutcr NEW YORK US airlines will post dismal results for the quarter just completed, in part because of a vicious summer fare war, but analysts said some carriers will report smaller losses than originally
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      Lock icon American airlines delay fare increases
      410 52 Reuter NEW YORK Major US airlines postponed scheduled fare increases by one week, citing a price move by a competing carrier. AMR Corp's American Airlines, UAL Corp's United Airlines and Trans World Airlines all said they had postponed by one week fare increases, citing a
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      Lock icon Indonesia hopes to score with its commuter planes
      607 52 UPI BANDUNG, Indonesia Indonesia's state-owned aerospace company is spreading its wings with a home-grown commuter plane it hopes will cement its place in what is expected to be a growing niche market. Industri Pesawat Terbang Nusantara IPTN for short already has received
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      Lock icon Stormy night of black comedy on Flight 84
      628 52 NYT NEW YORK It should have been just a routine, twohour hop from Chicago O'Hare International to New York La Guardia. But United Airlines Right 84 ran into foul weather last Friday night and in the next few hours, witnesses said, the
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      Lock icon Mexico airlines seek to increase ties in market
      446 52 Reuter MEXICO CITY Mexico's two biggest airlines are discussing ways to increase their ties short of a merger and prevent a devastating fare war in the highly competitive market, executives said. Aeromexico and its larger rival, Mexicana de Aviacion, which are participating
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      83 34 4 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the
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      1931 35 snipping nines, iue»ua> wwucr i« i»»* mm OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES *****11 FAX: *****09 All If/ BOOKINGS TEL: *****34 *****58 VfTßlll TERMINAL/CFS TEL: *****18 220 P ***** '1 PESAKA JARDINE SHIPPING AGENCIES SON. BHD. PORT KELANG TEL: *****18 FAX: *****91 *****88 A 0 r— PENANG TEL: *****4
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      1230 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT ///ft lUNITED ARAB SHIPPING fSACjUIM VSL/VOV SW WYC BAI OKf ~SAV 1 awH 11/11 n/ii n/u wti »/u I »l 4/11 lt/12 11/12 12/12 14/12 ivu a/12 n/u n/u »/u I Simmm ti
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      1494 35 ■Urf-H.HIHL'I* WEEKLY DIRECT CALL TO NAGOYA I SEALAND VOYAGER VIB4E ETA SIN 19/10/92 ETA NAGOYA 29/10/92 I Vessel Voy ETA ETD Feeder by I S- Lark/A/iel DESTINATIONS Tim week Maren Maersk 9212 I CY 14/10 0300 MBS WKM MM I CfS 13/10 1900 MRS JOH LPK PEN OAK LQB HOU
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      1232 36 i. i i I I I I R'DAM/ BBBWWT 7 I VOY NO S PORE JEDDAH S'HAMTON H BURG ANT I T UTI'T "DANUBE 04/141 15/10 31/10 3/11 1/11 LUDWKSSHAFEN EXPRESS 04/341 17/10 27/10 4/11 7/11 9/11 11/11 fWMkMI i IBMK "MONTE ROSA 21/142 22/10 7/11 10/11 8/11 cfife» fIRK/COniMT
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      471 36 FCL BreakbulK Service to: AFGHANISTAN MAM Afghanistan Ltd., I Sole Foreign Forwarder in Kabul for all services I C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, I, Kiew, Minsk, Riga, Baku I North Korea Vietnam a Mongolia Hungary CSFR e Poland L ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel JMIBBN VILLE DE
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      1470 36 REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOY 84N ALQ BCL* HAM BRE# ROT AMTS FELLHAI NOR ASIA MUBARAK 9233-3 19/10 11/11 13/11 15/11 16/11 17/11 IS/11 IS/11 I NORASIA AL MANSOORAH 9234-3 27/10 lt/U 20/11 24/11 26/11 26/11 29/11 28/11 29/11 I*• NORASIA PRMCESS 9235-3 03/11 25/11 26/11 01/12 82/12 83/12
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      1898 37 l§k W STRAITS SHIPPING PTE LTD MBV mad 10 Ho« Chiang Road #1101 Keppei Towers Singapore 0208 Tol: *****88 Fax: *****17 ACCEPTS CAUGO DUE SAJLS SMGAPORE PHOWM PtNH RAJAH BROOKE VIK Muara. Life 14-15 Oct It Oct 17 Oct *siAN PRDC ¥02 15 Oct 21 Oct KRIS MADURA VIOE KK.
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      2586 37 Wu, x SINGAPORE AGENT: P4O Containers (Singapore Agencies) Pte Ltd I 4JK%F I, itlllLdlllCrS 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 ■JPSNraSffik 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VESSEI VOY -PMO MNUJ MM ALO 60U ANT ROT MM VCMCL VOY ANT MOT
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      666 38 ueMUimi CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE WL/WY PsTOH ROAM/ADAM HfllltG BREMEN ANTWERP KUTAI/ 26M8 15/10 16/11 20/11 24/11 21/11 MATAftAM/UNB 2-4/12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to lnduc*m«nt. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Triaata.
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      1413 38 OHANJIN SHIPPING FOR VSL run Llft HAUL LGB OA* FOR *SL |LM HAUL SAV LM NTC HANJM OAKLAND 0191 18 10 H BARCUONA 0011 811 10/11 HANJM KNANGTANG 094€ 19/10 M ASIA 00CC 26/11 27/11 20/11 HANJM LONGKACH 03K 2V 10 OMCT IVII 18 11 HAIUN KUNSAN 000E 26 10
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      1226 38 j J _J .TpTrraTTT^ IRL lit it IK PUS HI OS K! SW ITO U1 CW Ml NYC LHV WW IK* ll* W M HI W iam« 11/ M 14/1111/10 21/1* 21/10 21/1* 27/1# 29/10 10/10 M/ 10 2/11 IJ/li 25/11 27/U 2VU 1/12 0/12 10/12 11/12 21/12 31/12 S/l
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      1638 39 |r~2 II SCX: 'NEPTUNE DIAMOND 08E' ETA SGP 14/10/92 II II ARRIVING LOS ANGELES 01/11/92 IN 17 DAYS 11 AEX; < HAK Q NE MARU 00E' ETA SGP 14/10/92 II ARRIVING NEW YORK 06/11/92 IN 22 DAYS H I ro J FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD
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      1102 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) J FULL CONTAINERSHIP SERVICES EASTBOUM)—OCCHAfiONG WESTBOUND—LOADWG TKVCHPTED HA
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      1569 40 PO^* 44 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) I V Vmr f A TEL *****77 TELEX; KAWAKIRS23I6S FAX; *****07/^9 I Iml M MALAYSIA: 'K'UNE MARITIME (MALAYSIA) SDN BHD Am. M MmJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI K3SEN KAISHA, LTD INDONESIA;
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      770 40 rnU OKKHT UNfS fit LTD 4* 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 BY AIR, LAND OR SEA.... J®' WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION i.iwTiMigMji II 111 I 883 s?s SsSlo N,reß e 29 OCT
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      241 40 /V*fcrr GOLDEN LINEA WGSV GUAM GUAM SHPPMG \g<X\ (PTE) LTD •m '<• a. M* Awr Street fIMNH UM TEL: U43W (II IMS) Fee UUSM (d N>. IIimMMM) mum/WMIAK OULF BlTia S pore P. Keteng Peneng eouo KM k»idii/M>a/D»MHM 14/1( Oct 60U» HMKST UrachrtMa/Daenan »/l Hw qt"* tnwet AVS. China Port
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      1103 41 PACIFIC INTERNATIONAL LINES (PTE) LTD mK MM 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E l JAKARTA I HiANQKQK VESSEL VOYSIN BKKSIN VESSEL VOY SIN JKT SM EQUATOR CRYSTAL 112N 14/10 17/10 21/10 EQUATOR HAWK MN 14/10 17/10 21/10 KOTA SURIA KSR4ON 14/10 17/10 21/10
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      1252 41 p|p gudangl pfna*. ~T .?bN sou T M ham 1,31 1 got m g 9/to 9/10 10/10 ALSIA 2402 13/10 30/10 1/11 2/11 4/11 E 16/10 16/10 17/10 BENAVON 2412 20/10 6/11 8/11 9/11 11/11 Q 23/10 23/10 24/10 JUTLANOIA 2422 27/10 13/11 15/11 16/11 18/11 E 30/10 30/10 31/10
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      274 41 °BSA° TRANSPORTATION MYANMA W FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGdf PAGAN VIB7W 13/15 Oct HPA ANVII2W 15/17 Oct PAGAN *1 UN N/1 No« NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 16 Nov Lagos 09 D«c Pt Har 12
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      2642 44 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agent* General Agents: Booking Agents: Cean Gesn Shipping S4n Bhd Cheng Chiao Skipping S4n Bhd PJ. Giehai hrtra Indoles* Maritime Yick Fung Shipping Skipping Freight Booking Greatship Agendet Costdr Shipping Pti Ltd Skipping Freight Keeking
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      281 44 SAMUOBU MXMESA PTE LTD IS McCALLUM STREET #03-01/09 NATWEST CENTRE Umfmorm 010S Tainc R*****0 T«t *****51-3 Ftt 22S 4S9S, *****98 FOR BOOKMOS CALL DMECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 943 IN PT 17/10 (SAT) DERAJAT 1003 15/10 (THU) 18/10 (SUN) LAWANTI 981 15/10 (THU)
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      594 45 I FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 14/10 ROTTERDAM 14/10 HAIFA/ASHDOD/ALEXANDRIA 14/10 HAMBURG/BREMEN 14/10 MARSEILLE/FRANCE 14/10 FELIXSTOWE/UK 14/10 BARCELONA/SPAIN 14/10 LEHAVRE/ANTWERP 14/10 GENOA/ITALY 14/10 GOTHENBURG/SCANDINAVIA 14/10 LOS ANGELES/WC/IPI 18/10 SYDNEY/MELBOURNE 18/10 NEW YORK/EC 18/10 FREMANTLE/ADELAIDE 15/10 VANCOUVER 18/10
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      691 45 FSTiuciin V&l TEL: *****33 (12 Line*) \=A FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnet) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANDtNET 26W6 22/10 DARESSALAAM. MOMBASA. OJBOUTI ASSAB MASSAWA ABBAY WON* 34W8 20/11 DARESSALAAM. MOMBASA. OJBOUTI ASSAB MASSAWA g
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      448 45 »HgHS4EMIH NANA BHUM IC2S 14 10 17/10 DAM 02N Tsa to PI Sal 17/H BENIA BHUM OS 17/10 20/10 PITA BHUM** 254N Mwi 12/10 Tlw 15/10 NANA mm 103S 21/10 24/10 THANA BHUM* 01ST Wd 14/10 Sat 17/10 ?*ZI° Hl}* MAHABMUM# 12W 9* 14/10 1m 18/10 f NANA BWM IMS
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      329 45 mmJ ihrhh: VBL VOY SBOGAPORE MADRAB SMQAPOfC KSSEL VOT SM MM m im brdge osr m i)-2i/ii nnjn'. no mom m ls-u/n 22-23/11 29-31/11. iravra 220R 19-21/10 25-27/11 0243/U HGEISTM 30N 22-23/10 29-30/10 OMTU VSL VOY BMQAPOfC/CALCUTTA/BMQAPONE *ssn *ot m cm. < nca ma istcm i«-is/io 21-25/10 30-11/10-' UOI OKEZE
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      1319 46 PtAfIMAC-NELS GROUPAGE I PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 W X P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL SJN PEN PK SIN 13/10 14/10 15/10 Hon| Konf Ldn/Fh/Rdm/Ant 15/10 16/10 17/10 18/10 19/10 20/10 Honf Konf G'buri/C'haeen/S'hohn/Oslo 18/10 19/10 20/10
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      323 46 BBTTTnTTwrwirßiHrwrrrffifi BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL Iff SM MULBERA 29S 16/10 27/10 29/10 15/11 MJST STAR 0530 26/10 7/11 9/11 26/11 PROSPECT 21S 6/11 11/11 20/11 6/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
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      1128 46 f THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUUXNG SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA "vessel Tvot" Is'pwe IdTst vessel Ivor spore p. keiawc EQUATOR 111 73/92E 14
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      135 48 LIVING IT fiV EACH WEEKEND, put up your executive 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
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      42 49 1 Such a market -for cUacejobs,! —-fash eery day, J ANY JOB. ANY CAREER. O <fl .*£3? a available any day. ANY TIME: ANYWHERE W c New •LIAN MI ZAO.AO LIANHK WAMBAO V I" Shin Min Daily News Berita Hamian Berita Minccu
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      416 50 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 1 id relevant book reviews. (yts.ii i) ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the L^ —I y
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      312 50 i. cosco UKC COWVEWTIOHAI. gflg VESSEL PKL PNG P.O. LOADING FOR A VESSEL 28/10 Rotterdam/Antwerp CHINA COWVPmOWAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/GuangztKHj COSCO FUU. CONTAINER SERVICE (FCL/FCL) EXPORT TO: CMNA/BANOKOK/HONQKONO EUROPE/CONTINENTAL WEST MEDfTERRANC AN AUSTRALIA US WEST COAST PERSIAN OULF/KARACHI Ptease refer above
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      239 50 RCTUH CONTAINER LINE f > 'J Aberdeen FELIXSTOWE WEEKLY I X. CONSOLIDATION V i Inland Destinations: f r 1 LONDON •LIVERPOOL LIVERPO<SL« /MANCHESTER SOUTHAMPTON DUBUN J J BIRMINGHAM •ABERDEB* J DUBLIN, r MANCHESTER BI R.M INGHAM FELIXSTOWE; Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD SOUTHAMPTON 1 133 New
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      472 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 ISM 1(01 1700 1100 19M 2NI 21M 22M 23M )R 27 26 22 1.7 1.1 08 0 7 07 1.1 1.7 25 29 30 28 2.4 1.7 1.1 07
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      1096 51 I ▲HYUNDAI MEBCHAMT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA PKE+ P€P S* HTM WT» LET MM BKJ "fP~I SI MARINER 301W 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXPLORER 302* 30/10 30/10 30/10 1/11 20/11 20/11 21/11 21/11 »/H 24/11 H. CHALLENGER 301* 6/11
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      415 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUHD VESSELS IUSU NT M UK H TRAM ATI 44 ■PT 14/ II MA It/11 TUNC KRAI II 11/11 CMRI MAI ■PT SEAMSTU t 1 11/11 ITMM 1 3 23/11 MAM KtAI 123 2S/1I "A B/M MSTWQI 1 21/11 21/11 CUM
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      930 51 I OUR USA i |m |U. |0- |<* |CJ |n SERVICE CALLS —I—M Hit 11/19 HUMTOO KIT IJMM M-IVW M/ll M/ll 49/11 09/11 >9/11 99/11 M/U M/U SINGAPORE am mm nn wh iujo»ioo ca— ucn n-a/H Mm 11/11 11/11 11/11 11/11 u/n u/n 11/11 DIRECT EVERY on rtn n/io mjMT«
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      147 51 BINTAN6 MAS SHIPPING PTE. LTD. 39 NEL ROAD SINGAPORE 0208 TEL: ***** M TLX: R*****5 SINMER FAX: *****64 ACCEPTS Win OF CMGO STOK DCS TWA TOR JMEDOJRT lAK VME h PI-14 Od Mure. Lata* BMTANG SOMA ¥21E 15-1« Oct 17-1# Oct BMtfu. Ml KBcWt MERCURT PtAH. WOE 19-20 Od 20-21
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      99 52 Every Saturday in Business Times \Stooliiilr) It could be a controversial deal between two stock 1/ v\ market stars, a thought-provoking rcpoit by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS
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      48 52 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 749 2577, and ask for home or office delivery service.
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      Page 52 Advertisements Column 3
      55 52 Every Saturday in Business Times If STRAITS/AUSTRALIA]) CONFERENCE I NOTICE TO SHIPPERS I CURRENCY ADJUSTMENT I FACTOR Shippers are hereby notified that with effect from 1 November 1992, a Currency Adjustment Factor (CAF) of 5.6% will be applicable on all cargo from H Singapore/Malaysia to Australia. I Henry Noon Co.,
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