The Business Times, 27 October 1992

Microfilm: NL18504
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, October 27, 1992 75 c
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  • NEWS SUMMARY
    • Article
      Israeli helicopters hit Hizbollah-held villages
      77 1 NABATIYEII, Lebanon Israeli helicopters attacked three Hizbollah-held villages in south Lebanon yesterday in retaliation for a bomb ambush that killed five Israeli soldiers on Sunday. Security sources said all three villages are strongholds of the pro-Iranian Hizboliah (Party of God). There were no immediate reports
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    • Article
      GM chairman Stempel quits
      44 1 DETROIT General Motors, ending more than a week of speculation, said yesterday that chairman Robert Stcmpcl had resigned from the helm of the world's biggest company. GM said his decision to quit as chairman and chief executive was effective immediately.
      44 words
    • Article
      Vietnam's green move
      35 1 HO CHI MINH City officials have drafted a general law to safeguard nature and the environment, taking the first step towards building a legal and institutional framework for environmental protection. Page 2
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    • Article
      Boost from within
      44 1 STRONG domestic demand and buoyant intra-Asian trade and investment are sustaining fast rates of economic growth in South-east Asia despite a slowdown in the US, Japan and Europe, which are major markets and sources of capital for the region Page 8
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    • Article
      Few admirers
      29 1 DESPITE growing fears of recession across Europe, Britain's decision to strike out on its own for economic growth is finding little sympathy on the continent Page 9
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    • Article
      If Clinton wins...
      25 1 MANY US manufacturers are concerned that victory for Democrat Bill Clinton in the presidential elections could be bad for business Page 9
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    • Article
      Lucky Queensland
      23 1 QUEENSLAND, which escaped largely unscathed from the ravages of a two-year recession, is the envy of other Australian states Page 11
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    • Article
      Singmarine dock sinks
      35 1 SHIPBUILDER and repairer Singmarine Industries' main floating dock, which can accommodate vessels of up to 30,000 deadweight tonnes, sank suddenly at the company's Gul Road yard on Sunday. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      30 1 WALL STREET share priccs opened little changed yesterday. The Dow Jones index of leading industrial shares was up just 0.25 points at 3,207.89 five minutes after the opening.
      30 words
    • Article
      Footsie lower
      30 1 LONDON share prices were lower at mid-day yesterday. At about 1230 GMT. the Financial Times-Stock Exchange 100-share index was down 10.1 points, or 0.3 per cent, at 2,659.6.
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    • Article
      Market holidays
      13 1 SINGAPORE and Malaysian markets were closed yesterday Tor the Deepavali holiday.
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    • Article
      Eyeing cement sector
      27 1 HONG LEONG Industries Bhd is diversifying into cement manufacturing to broaden its earnings base and strengthening its core ceramics and motorcycle divisions. Page 3
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    • Article
      Eu Yan Sang's plans
      26 1 TRADITIONAL herbal medicine seller Eu Yan Sang Holdings Ltd plans to'expand its wholesale distribution business to East Malaysia and Brunei. Page 3
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    • Article
      Securities watchdog
      29 1 CHINA'S Cabinet has set up a new watchdog agency headed by economic supremo Zhu Rongji to monitor the country's securities boom, the official media reported. Page 4
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    • Article
      Foggy crystal balls
      30 1 ONLY 22 of 39 star analysts in the United States polled a year ago managed to pick stocks that outperformed the Dow Jones industrial average. Page 6
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    • Article
      Citicorp still biggest
      38 1 CITICORP retains its position as America's biggest banking company, according to thirdquarter asset figures, but if current trends continue it is only a matter of time before another bank takes over, analysts say Page 7
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    • Article
      STOCK INDICES
      27 1 Monday Change BT-MGA closed Kuala Lumpur closed Tokyo 17.011.33 -106.32 Hongkong 6,062.47 -200.07 Sydney 1,450.7 -4.9 Frida) Change New York 3.207.64 +6.76 London 2.669.7 +11.6
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.6150 100 Yen SS 1.3309 MS SS 0.6451 Money market rates Overnight 2% +3/4 3-month 115/16% +1/16
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    • Article
      COMMODITIES
      7 1 London Gold AM fix US$341.30 -US$2.30
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  • Article
    Hang Seng plunges 200 pts as row shakes investors
    535 1  -  From Catherine Ong in HONGKONG THE Hongkong stock market plunged by 3 per cent of its value yesterday as a political row between China and Britain over plans to speed up democracy in the territory hit investors' confidence. The Hang Seng
    535 words
  • Article
    SIA profit dives 21pc on keen competition
    550 1  -  No planes sold to boost earnings; second-half outlook grey By Conrad Raj SINGAPORE The weak world economy, intense competition in the airline industry and the strong Singapore dollar were the storm clouds that continued to pare margins at national carrier Singapore Airlines. With
    550 words
  • Article
    SM Lee, Pik Botha exchange views on global affairs
    458 1  -  From Salil Tripathi in PRETORIA SENIOR MINISTER Lcc Kuan Yew met South Africa's Foreign Minister, RoclofW Pik Botha, yesterday at the historic sandstone Union Buildings overlooking the administrative capital of South Africa, Pretoria. In a 90-minutc meeting Mr Lcc and Mr
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  • Article
    Lock icon Indonesia must control foreign borrowings: Suharto adviser
    208 1 Reuter JAKARTA Indonesia's best known economist warned that the country would slip into economic chaos if it relaxed controls on offshore commercial borrowings. "The level of foreign loans raised by private companies is alarming. The government should adopt tighter measures to prevent expansion
    Reuter  -  208 words
  • Article
    Lock icon The financier who made US$1b out of sterling's devaluation
    343 1 Reuter LONDON HungarianAmerican financier George Soros made almost US$l billion (SSI.6 billion) out of last month's sterling devaluation, taking a heavy market position that sterling would collapse despite British government assurances to the contrary. In an interview reported by The Times
    Reuter  -  343 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      139 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Innovation Tech 15,16 TV Radio 18 Commodities 26 Interbank Fore* Rates 27 Weather 27 Company News 3.4,6 Jkt/Bkk/China Stocks 23 Work) News 9 Cryptic Crossword 27 Money Changer Rates 27 Editorial 10 Money Market 26 Business Times address: Times Financial News
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      Page 1 Advertisements Column 2
      153 1 Nikon The World's Finest Photographic System. Highly sexist, wildly successful. Shipping Times Pg2 Bundesbank discreetly selling US$, Back Pg Overseas property: time to buy? HAVE the Australian and UK property markets hit rock bottom? Should Singaporean investors strike now? Or should they wait for better, cheaper buys later on? For
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  • PAGE 2 NEWS
    • Article
      Vietnam takes the first step towards toeing the green line
      474 2  -  Ho Chi Minh drafts environmental law, sets up watchdog committee From Genevieve Cua in HO CHI MINH CITY HO CHI MINH City officials have drafted a general law to safeguard nature and the environment, taking the first step towards building
      474 words
    • SINGAPORE ROUNDUP
      • Article
        Asia as main supplier of fish and fish products
        65 2 ASIA can play a major role in meeting the world's future demand for fish products because of its strong aquaculture industry, said Senior Parliamentary Secretary (National Development) Lee Yiok Seng at the third Asian Fisheries Forum/Fish Asia '92 conference yesterday. Asia
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      • Article
        Charity drive raises $700,000
        44 2 SINGAPOREANS dug deep into their pockets and donated generously $701,666 in all to a fund-raising drive to aid six charity organisations under the Children's Charities Association. The fund-raising drive was organised by the Singapore Broadcasting Corporation's Class 95 FM station.
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      • Article
        C S Holding on the move
        64 2 THREE MEMBERS of the C S Holding Group Credit Suisse, C S First Boston and Calriden Asset Management will move to UOB Plaza early next year, doubling the office space currently held in their Six Battery Road and Shell Tower locations. The three offices
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      • Article
        Thirteen win scholarship
        37 2 THIRTEEN PEOPLE have been awarded this year's Tan Kah Kee Postgraduate Scholarship. They were selected from a total of 144 applicants received during the month of August when the scholarship was open for application.
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    • Article
      Ho Chi Minh City seeks quick lessons from Singapore
      213 2 HO CHI MINH City is looking to Singapore to help shorten its learning curve in environmental matters. Hoang Anh Tuan, chairman of the city's Committee for Science and Technology, said that if the Ho Chi Minh City could tap the experience
      213 words
    • Article, Illustration
      Lock icon Stanley Ho opens floating restaurant
      148 2 SINGAPORE Macao casino tycoon Stanley Ho yesterday officially opened the island's only floating restaurant, Sea Palace, at the World Trade Centre. Sea Palace, costing $12 million, is jointly owned by Stanley Ho's listed Shun Taic Holdings Ltd and another Hongkong company, Qantel International Holdings Ltd.
      Picture by Arthur Lee  -  148 words
    • Article
      Brisbane software house sets up HQ in S'pore
      245 2 SINGAPORE A leading software supplier from Australia will open its regional headquarters here today. Mincom International Proprietary Ltd was started in 1979 in Brisbane. It supplies software for the mining, utilities, transport and defence industries. Senator John Button, Australia's Minister for Industry,
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      57 2 I THERE'S MORE /"A TO LIFE WITH (Uy RENAULT lr When We Talk Space, We Mean ESPACEj the a room on interior, modular Renaults a dream come true for the large the The Today H lAv ,jjl| §Vs HI \IH H||j M mB Mil H| B |A I II ■A
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      Page 2 Advertisements Column 2
      294 2 WHO SHOULD ATTEND This half day seminar is for all Managing Directors, General Managers, Directors of Operations, Directors of Sales, Operation Mangers, Marketing Mangers, Administration Managers and Personnel Manager*. THE DISTINGUISHED SPEAKER Dr. Richard Kirschner speak to some 40,000 people a year on the subjects of Business Excellence, Customer Service,
      294 words
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      Page 2 Advertisements Column 3
      82 2 [after! I FIVE I m Your day may B be over But B V your night is B just beginning! p Get a drink, go M dancing, hear a I the latest hit, B see the hottest jfl band in town... B j B% Explore the jp* possibilities C *2
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  • COMPANY NEWS 1
    • Article
      Hong Leong Ind studying cement plant project
      679 3  -  Company planning to diversify in bid to meet ambitious target By William Chia KUALA LUMPUR Hong Leong Industries Bhd (HLI), which has an ambitious target to meet by next year, is diversifying into cement manufacturing to broaden its earnings base and is also
      679 words
    • Article
      Lock icon HLI takes steps to be more competitive
      249 3 MBT KUALA LUMPUR Hong Leong Industries Bhd (HLI) will increase its competitiveness through cost cutting, product rationalisation and human resources development programmes in the year ahead, chairman Quek Leng Chan said in his annual statement. Reviewing the group's operations, Mr Quek said the
      MBT  -  249 words
    • Article
      Analyst gives KCT the thumbs-up
      298 3 Kelang Container Terminal opens Singapore roadshow today SINGAPORE Kelang Container Terminal (KCT), which opens its roadshow here today, has received a thumbs-up from a Kuala Lumpur investment adviser. The Malaysian Business Times (MBT) reported yesterday that Capital Dynamics' managing director Tan Teng 800 said KCT
      298 words
    • Article
      Innovest shareholders should not pin too much hope on rescue by MBf
      771 3  -  THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE Shareholders of debtridden Innovest Bhd can hardly be blamed for feeling that current management has failed them and for welcoming the latest talk that financial services group MBf Holdings
      771 words
    • Article, Illustration
      Eu Yan Sang plans market expansion
      338 3  -  By Shoeb Kagda SINGAPORE Traditional herbal medicine seller Eu Van Sang Holdings Ltd plans to expand its wholesale distribution business to East Malaysia and Brunei. Other regional countries are also being looked at as part of the company's strategy to broaden its customer base
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    • COMPANY BRIEFS
      • Article
        Palmco confident of its competitive edge
        116 3 KUALA LUMPUR Palmco Holdings (Palmco) is confident that its manufacturing division will be able to retain its competitive edge over other producers, following the completion of its capital expenditure programme. Chairman Robert W K Chan in the company's latest annual report says that the
        116 words
      • Article
        Boustead sees good times ahead
        100 3 KUALA LUMPUR Boustead Holdings (Boustead) is expecting a stronger performance from its trading and shipping operations, while the property division should record further gains from its existing activities for the current financial year, said its chairman Mohd Ghazali Che Mat. However, commodity prices will have
        100 words
      • Article
        Malayawata replies to KLSE
        52 3 KUALA LUMPUR In response to queries from the Kuala Lumpur Stock Exchange on its joint venture with Steelcorp and its proposed acquisition of Sabah Gas Industries, Malayawata Steel Bhd said its directors and substantial shareholders do not have any direct, or indirect interest in its Steelcorp
        52 words
      • Article
        Long Huat buys Idaman
        44 3 KUALA LUMPUR Long Huat Timber Industries has bought the entire issued and paid-up capital of Idaman comprising two MSI ordinary shares for Ms 2 cash. None of the directors and substantial shareholders from LHTI have any interest in Idaman Kayangan.
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      • Article
        Melewar may list units next year
        49 3 KUALA LUMPUR Melewar Corp has identified three of its subsidiaries for possible listing on the Kuala Lumpur Stock Exchange by next year, or early 1994. The companies, mainly involved in services and manufacturing, are in the midst of preparing their proposals for flotation.
        49 words
      • Article
        Bata suspends shares
        53 3 KUALA LUMPUR Bata shares will be temporarily suspended on the Kuala Lumpur Stock Exchange from Nov 5 until further notice. The suspension, requested by the company, is to facilitate the exchange of share certificates and to maintain an orderly market in its shares in connection with a
        53 words
    • Article
      Lock icon Beijing sets up new securities watchdog agency
      423 4 Move paves way for nationwide trading Reuter BEIJING China's Cabinet has set up a new watchdog agency headed by economic supremo Zhu Rongji to monitor the country's securities boom, the official media reported yesterday. The Securities Committee of the State Council (Cabinet) will
      Reuter  -  423 words
    • Article
      Lock icon Arnotts posts 34pc profit rise in midst of takeover bid
      317 4 AFP SYDNEY Arnotts, the Australian biscuit maker at the centre of an US$BBO million (S$ 1.4 billion) takeover bid by the Campbell Soup Co of the US, posted a 33.9 per cent gain in first-quarter profit yesterday. Arnotts' announcement of
      AFP  -  317 words
    • Article
      Hutchison Telecoms lays off staff
      430 4  -  From Catherine Ong in HONGKONG HUTCHISON Telecoms axed about 80 per cent of its staff in the international division yesterday, putting a check on its ambition to become a global telecommunications player. Sources told BT that 30 to 40 employees were given their severance pay
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    • Article
      Lock icon Expected Philippine share takeoff aborted by blackouts
      477 4 Reuter MANILA Continued power blackouts in the Philippines htfve aborted an expected boom in the stock market but analysts say hopes for a resurgence have not been snuffed out altogether. Share prices, which took a breather after the euphoria over the peaceful election
      Reuter  -  477 words
    • COMPANY BRIEFS
      • Article
        PAL posts record 1b peso net income
        79 4 MANILA Philippine Airlines (PAL) posted a record I.IIJ billion peso (5571.2 million) net income in fiscal year ending March 31, PAL documents released here yesterday said. This was a sharp improvement over the 3.334 billion peso net loss suffered in the previous fiscal
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      • Article
        New products boost PC memory
        84 4 TOKYO A small Japanese firm has developed a 16-mega-byte single in-line memory module (Simm) for Macintosh personal computers that can boost the memory capacity of a personal computer to rival that of a costly mainframe computer, the company's spokesman said yesterday. International Scientific Co, a
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      • Article
        Taiwan oil giant to axe 5,000
        77 4 TAIPEI Taiwan's state-owned Chinese Petroleum Corp (CPC) plans to shed 5,000 employees, a quarter of its workforce, to prepare for competition from the private sector, the United Daily Nens said yesterday. CPC, which will lose its monopoly on oil imports and processing in the
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      • Article
        Paper makers' earnings slide
        78 4 TOKYO Two of Japan's top paper manufacturers, Oji Paper Co Ltd and Jujo Paper Co Ltd, said yesterday their pre-tax earnings dropped more than 20 per cent from a year earlier in the six months to September. Oji, an affiliate of the Mitsui group with major
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      • Article
        Toshiba, Mitsubishi in tie-up
        57 4 TOKYO Japan's Toshiba Corp and Mitsubishi Electric Corp will enter the submarine telecommunications cable business by joining a trans-Pacific cable project, the Nihon Keizai Shimbun said yesterday. The two makers of electrical machinery, with rival firms NEC Corp and Fujitsu Ltd, wiH build the cable to
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    • Article
      Lock icon Even top analysts' crystal balls can be foggy
      394 6 NYT NEW YORK Brokerage firms pay USSI million (S$ 1.6 billion) and more a year to some of their superstar analysts. For that kind of money, they should be dazzling clients with blockbuster stock picks. Yet only 22 of 39 star analysts
      NYT  -  394 words
    • Article
      Lock icon Environmental laws threaten 36 metals plants worldwide
      345 6 They need to invest heavily to comply with green legislation: study Reuter LONDON Existing and future environmental legislation could mean 36 copper, zinc and lead plants worldwide would face problems unless they made significant investments, a new study said. The most threatened units
      Reuter  -  345 words
    • Article, Illustration
      Lock icon Europe gets set for more competition in phone services
      325 6 NYT NEW YORK Despite recent setbacks. Europe will eventually have a telecommunications market nearly as competitive as that of the United States, perhaps as soon as five years from no\\, says the chief executive of Belgacom, Belgium's telephone company. Last week,
      NYT  -  325 words
    • Article
      Lock icon IBM moves to change stodgy mainframe image
      183 6 Reuter NEW YORK Facing declining sales this year in its bread-and-butter business. International Business Machines Corp is moving aggressively to change the perception that the mainframe is becoming a relic for a computer museum. IBM executives said in an interview that they have
      Reuter  -  183 words
    • COMPANY BRIEFS
      • Article
        Ikea to buy Habitat's UK and French arms
        70 6 LONDON Ikca. a privately-owned Swedish group famous for its vast retail stores offering modern furniture at reasonable prices, will acquire most of rival Habitat, the British firm's parent said yesterday. Storehouse pic ot Britain said it was selling the French and British
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      • Article
        Tobacco firms blasted
        63 6 WASHINGTON Tobacco firms are giving more and more money to American political candidates and tightening their stranglehold on public health policy, two leading US public interest groups said yesterday. Public Citizen and the Advocacy Institute said in a report that tobacco indus-try-related contributions to congressional campaigns had
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      • Article
        New York Times Co posts loss
        63 6 NEW YORK The New York Times Co reported a third-quarter loss of U5533.9 million (5554.2 million) on Friday, reflecting a write-off for the closing of a suburban Atlanta newspaper and start-up costs for a New Jersey plant. The loss compares with a profit of
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      • Article
        Alcatel Alsthom raising US$3.5b
        62 6 LONDON Alcatel Alsthom, the world's largest telecommunications equipment company, is raising US$3.5 billion (555.6 billion) in medium-term notes, commercial paper and Euro-commercial paper, said arranger Lehman Brothers International. The French company is raising US$l.5 billion through a global medium-term note programme, and US$l.O billion in a
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      • Article
        Conner to buy Archive Corp
        63 6 SAN FRANCISCO Conner Peripherals Inc. a maker of computer disk drives, said on Friday it had agreed to acquire Archive Corp. a tape-drive producer, for U5511.25 a share, or about U*****.4 million (*****.6 million). Finis Conner, Conner's chairman and chief executive, said the purchase is
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      114 3 IN THE MARKET PAGES I SET at 26-month high 23 Shanghai A index plunges 23 THE BEST OF IWC Since the establishment moon phase display in of Sincere Watch in 1954. we 18kt gold. Radiating elegance, have worked hard to maintain economy of form and technical a reputation for brilliance.
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      230 4 The symbols for qualityand style are easily recognized all over the world. Lufthansa. 11 i I iHyfiiII il WM^ht. ..SHikAtA Your expectations and de- technological perfection. ing perfection" in a training mands are becoming higher With an uncompromising system that sets worldwide all the time. And when programme, we ensure
      230 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      214 5 Ti microfine toner. Up to 850 sheets 75 envelopes. l|s Enhanced PCLS. At 45 scalable fonts. Supports Adobe* PostScript* Level 2. Breakthrough price. II In the world of laser printers, Hewlett-Packard always sets the standard. And it's easy to see why. Our new generation printer gives you 600 dpi Now
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      992 6 SinGAPORE AIRLinES LIIHITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Singapore Airlines Limited wishes to make the following announcement:1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1992 THE GROUP THE COMPANY THE GROUP Financial Year 30.9.92 30.9.91 Change 30.9.92 30.9.91 Change 1991-92 S$
      992 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Citicorp still biggest US bank but rivals gaining
      318 7 Reuter NEW YORK Citicorp retains its position as America's biggest banking company, according to third-quarter asset figures, but if current trends continue it is only a matter of time before another bank takes over, analysts say. Citicorp ended the quarter with about
      Reuter  -  318 words
    • Article
      Lock icon 1987 market crash — the lesson for clearing houses
      330 7 1987 market crash the lesson for clearing houses Reuter CHICAGO Since the 1987 stock market crash, clearing houses for futures exchanges around the world have considered the benefits and obstacles to linking up their operations in an increasingly global futures industry. Representatives from several clearing houses, who appeared on a
      Reuter  -  330 words
    • SMALL CHANGE
      • Article
        Italian banks asked to control lending rates
        79 7 MILAN The Bank of Italy has asked commercial banks operating in Italy to control lending growth over the next 6 months to an annual rate of 8 per cent. A senior monetary source said the move, which he described as "moral suasion," would
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      • Article
        Insurers seek low premium yields
        94 7 TOKYO Major life insurance companies, including Nippon Life Insurance Co, plan to request approval to cut the yield on managing premiums from the Employees' Pension Insurance fund from fiscal 1993. This would mark the first time the yield the annual assumed rate of interest at
        94 words
      • Article
        Japan to rely on govt bonds
        72 7 TOKYO The Japanese government is likely to rely on bond issuance for 13 per cent of fiscal 1992 general account revenue, the highest dependency rate on bonds since the 16 per cent posted in fiscal 1987, government officials said. The rate is expected to
        72 words
      • Article
        UK urged to cut rates sharply
        86 7 LONDON The UK's largest mortgage lender has urged the government to "reduce interest rates sharply" in order to boost the sagging housing market. In its Viewpoint bulletin, the Halifax Building Society said "current economic conditions justify bank base rates of 7 per cent or
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      429 7 WM|■■J ■I m I IV |*Y|aV| mil V The we Ss7Bo property I f|l ill 111 I MII I ifjlllllllkl ■I |l ■I Ji H B impress anyone. They're coming to the we of all reported property investment transactions v Singapore. This can only mean two things. Wootton are clear|
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  • THE REGION
    • Article
      Lock icon Intra-regional trade sustains S-E Asia in global slowdown
      571 8 IHT KUALA LUMPUR Strong domestic demand and buoyant intra-Asian trade and investment are sustaining fast rates of economic growth in South-east Asia despite a slowdown in the US, Japan and Europe, which are major markets and sources of capital for the region.
      IHT  -  571 words
    • Article
      Lock icon Manila to sell five major govt assets by June
      143 8 AFP MANIIA The Philippine government will privatise at least five major government assets between now and June 1993, Finance Secretary Ramon del Rosario said yesterday. The assets include International Corporate Banlc, Manila Hotel, National Steel Corp, Petron, and duty-free shops, he
      AFP  -  143 words
    • Article
      Lock icon Asia needs aid despite booming economies: ADB
      381 8 Reuter MANILA Asia needs continued aid despite its booming economies because it still has the largest share of the world's poor, according to the Asian Development Bank (ADB). Official development assistance (ODA) for Asia may be squeezed because of demands from eastern Europe
      Reuter  -  381 words
    • Article
      Lock icon Private sector involvement in power generation urged
      141 8 AFP WASHINGTON Demand for electrical power is growing faster than supply in developing Asian countries, necessitating greater private-sector involvement, according to the World Bank. The gap between demand and capacity presents an "urgent rationale" for private investment, World Bank vicepresident for East Asia
      AFP  -  141 words
    • NOTE BOOK
      • Article
        Jakarta tightens security in East Timor
        86 8 EAST TIMOR Indonesia is tightening security ahead of next month's anniversary of an army massacre in East Timor and expelling anyone without identity cards from the local capital Dili. "Many people have been caught without proper identity cards staying with friends in Dili. We
        86 words
      • Article
        Japan releases Thai loans
        67 8 BANGKOK Japan yesterday released development loans to Thailand worth 93 billion yen (S$ 1.24 billion) after a delay of several months because of political turmoil in Bangkok. The official Japan Information Service said the money would be used for infrastructure projects. The loans carry 3 per
        67 words
      • Article
        Polls unlikely for Khmer Rouge
        44 8 SYDNEY The Marxist Khmer Rouge is unlikely to take part in elections due in Cambodia next May and will probably pose a military threat to an elected government, Australia's representative in Phnom Penh. John Holloway, has told ABC Radio.
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      • Article
        AsiaSat plans second satellite
        110 8 HONGKONG The Asia Sat consortium has announced plans to launch a second communications satellite to keep pace with the surge in demand in the Asia-Pacific region. Asia Sat. a consortium jointly owned by Hongkong's Hutchinson Whampoa. Britain's Cable and Wireless and China's international investment arm Citic,
        110 words
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      Page 8 Advertisements Column 1
      109 8 W J Prime Space next door is now available at 50% less. 00 1 'uf U 'up* 50% off for your travelling companion to Bangkok and Hong Kong. As a privileged Qantas traveller in first or business class, travel for 50% off the full fare. As long as you fly
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      Page 8 Advertisements Column 2
      37 8 fH RESTAURANT PTE. LTD. H I HONG KONG I DIAN XIN J Sensed Daily .30 am 2.30 pm i|| No. 488, Upper East Coast Road, Singapore 1646 H For reservation Tel: 449 5030/449 5036 Fax: 449 5365
      37 words
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  • THE WORLD
    • Article
      UK's dash for growth finds few admirers in Europe
      472 9 British recession expected to last well into next year Reuter, Bloomberg PARIS Despite growing fears of recession across Europe, Britain's decision to strike out on its own for economic growth is finding little sympathy on the continent. Prime Minister John Major
      Reuter,; Bloomberg  -  472 words
    • Article
      US banks want changes in export credit agencies
      186 9 Reuter WASHINGTON A bank lobbying group has called for major changes in the way export credit agencies in leading industrial countries support projects in the developing world. The Institute of International Finance has urged the agencies to extend their export insurance for
      Reuter  -  186 words
    • Article
      French industry needs to upgrade world image
      362 9 Reuter PARIS What do the words "Made in France" conjure up besides fine wines, cognac, perfume or clothes? For many people, France equals fun and frippery, yet the country is the world's fourth largest industrial power. But not even the French know that,
      Reuter  -  362 words
    • Article
      IMF harshness could derail reforms: Russia
      344 9 Reuter TOGLIATTI, Russia A senior Russian minister has said the International Monetary Fund (IMF) could threaten the future of the government's radical economic reforms if it was too inflexible with Moscow. Deputy Prime Minister Alexander Shokhin said Russia would have difficulty meeting targets the
      Reuter  -  344 words
    • Article
      US manufacturers fear costs of Clinton victory
      347 9 JC Reuter PITTSBURGH Many US manufacturers are concerned that victory for Democrat Bill Clinton in the presidential elections could be bad for business. "We look to this to be a very challenging task of trying to present the manufacturers' point of view (if
      Reuter  -  347 words
    • WORLD WATCH
      • Article
        Guerillas find weak point in Israel's armour
        90 9 BEIRUT Hizbollah guerillas exploited a chink in Israel's armour when they set off a remote-controlled bomb in south Lebanon and killed five soldiers on Sunday. Security sources said the ambush of a supply convoy involved a technique identical to an attack in the
        90 words
      • Article
        US machine tool orders up
        76 9 NENV YORK. Orders for American-made machine tools jumped 16 per cent in September from levels a year earlier, the Association for Manufacturing Technology reported. The association said the increase reflected heavy ordering last month at an industry trade show that is held every two years.
        76 words
      • Article
        Daewoo chief not into politics
        85 9 SEOUL Daewoo Group chairman Kim Woo-choong has denied he will run for president of South Korea, a Daewoo spokesman said. The denial follows days of often fevered speculation that the silver-haired tycoon would accept the nomination of a new political party formed last week by
        85 words
      • Article
        Ex-Lithuania party wins: poll
        79 9 VILNIUS Lithuania's former communist party emerged as the winner on Sunday in the Baltic state's first general elections since gaining independence from the Soviet Union, according to an exit poll. The Democratic Labour Party won 32 per cent of the votes compared with 27 per cent
        79 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      351 9 LOOKING A LITTLE HE'S PROBABLY READ THIS AD. Not that we re trying to alarm all our stockbroker Bigger returns, less risk, more protection. Expert life cover, adjust your premium payment, top-up your friends, you understand, but we thought it only fair to fund management helps you optimise the return
      351 words
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  • Article
    Going for higher margins
    467 10 EDITORIAL ON THE surface, the results of the Business Times' survey of profit margins of 65 local listed companies looked encouraging. The survey found operating profits for the first half of this year up a whopping 23 per cent over the same period last year. This
    467 words
  • WHAT THE OTHERS SAY
    • Article
      Keeping an eye on TV
      277 10 CENSORSHIP policies have far-reaching effects, and for no medium are the stakes higher than for television. Found in almost every home and turned on for two or three hours a day, TV has effects which are a matter of on-going debate, but which are certainly
      277 words
    • Article
      Major's dilemma
      115 10 BRITISH Prime Minister John Major faces a dilemma. He is treading carefully on economic land mines. Theoretically speaking, his policies would be the right remedy to the ailing British economy. However his supporters in the ruling Tory Party cannot swallow the protests from their electorates. The economic problems
      115 words
    • Article
      Problems of tourism
      109 10 NEWSPAPER reports of a recent seminar about "Understanding Japanese tourists" give us cause to believe that finding ways to maintain its competitiveness in prices is a serious problem that the Singapore tourist industry has to face at the present time and in the next few years. To
      109 words
  • REGIONAL VIEWPOINTS
    • Article
      Harmony and democracy
      185 10 IN HIS address on the occasion of the 28th anniversary of Golkar last Tuesday, President Suharto said it would be no problem for him if the People's Consultative Assembly (MPR) entrusted him with another five-year mandate. It is understandable that the president's statement promptly provoked debate. In
      185 words
    • Article
      Every effort counts
      187 10 DR MAHATHIR'S frank dialogues with newsmen and corporate decision makers are always welcome, more so when his comments are analysed and evaluated by businessmen with deep interest in exploring trade opportunities in the country. Dr Mahathir did very well to clear some of the misinformation embedded in
      187 words
    • Article
      Making a decision
      125 10 GOVERNOR Chris Patten has made much of his desire that the people of Hongkong and their legislators in particular should decide the fate of his reform package. If they are to do so, they must be made aware of any correspondence that could be construed as affecting
      125 words
  • Article, Illustration
    The foreign connection
    1068 10  -  John Cushman examines US presidential eandidate Bill Clinton's plan to collect taxes from foreign-controlled companies if he is elected John Cushman NYT ARKANSAS Governor Bill Clinton's proposal to collect billions of dollars in taxes owed by foreign-controlled companies would tap into one of the richest, but also
    NYT  -  1,068 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      150 10 A BOU> DEVELOPMENT ,y X""" F 8 m rPt i ::r fff Nn fSM -iflkv =lii i i-i-i- jjl n J S 4tt^B=® lSP? 4 -tt: -4144-. w> [fmtft "j— I—— HI L :"I ft" fjij m~ Tl* 111 r J*n-. Trf tttt HbiW ■W S, TIT TTTT r 11
      150 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      49 10 POONESBURY GARRY TRUDEAU SIR. DOTHATSA FAIRY 33Z HM6ONS! fl IJM r)KAV I'M Mm &GM-yTM)OJnUePVP!S-\ VOUTH/NK... TALS'MStPUCK OUT 7H& POOR' 1 OUR6LB9T ZMPL3AS CF£PrnOURDAUGHTB&JBiaSH\ SALAP! beVBR OUT* BNPOFSJORY' Trm&n THAVLSTS HAHCZ BECWS6, AS iOU PUT IT, I HAPffNCP' iOU APtOS' TALKAm^ 'VOUPONT THINK THATtP IST 1 1 KNOW,THIS GNT f
      49 words
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  • ANALYSIS
    • Article
      The choice of a new generation
      844 11  -  Analysts believe that the incumbent governments of the West are on the way out as their electorates become increasingly disillusioned. Joseph Fitchett reports Joseph Fitchett IHT ARE VOTERS in all the major Western democracies on the verge of toppling their incumbent leaders? Would a
      IHT  -  844 words
    • Article, Illustration
      The lucky state
      1490 11  -  Philip Bowring looks at the rising fortunes of Queensland, an Australian state largely unscathed by the recession Philip Bowring The writer, a former editor of the Far Eastern Economic Review, contributed this article to BT THEY used to call it the Deep North. Citizens of Australia's south-eastern
      1,490 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      177 11 J —i i Vl «8 t"~° x o 7| H H^^^^^^^^BipipllP Hlp v jr ,§e-o s| 7400-***** Patented Design tlfe^B Stainless Steel Auto Chronograph l| Sapphire Crystal j&E%% H Also Available in Bi-colour Or H 18K 10 Microns Electroplated I BoreL 1 Original Swiss Watches Since 1856 /More than 135
      177 words
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  • FOCUS
    • Article
      Business helps China and Japan bury the past
      1194 12 The Japanese are invading China again this time through massive investments. Emperor Akihito s visit last week is simply putting the seal on a new relationship Bloomberg AS Japanese Emperor Akihito attempts to heal bitter war-time memories in a visit to China
      Bloomberg  -  1,194 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      334 12 purpose. In oddHion, the Gty of Peine, which has provided silis for o range of Japanese firms, offers interested companies ful service. We JJm id an be of assistance to you and y®ur fomies in soring Mo your new environment, making contacts, taking can of bureaucratic (.{fa problems, fining firing
      334 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      183 13 Fortunately, one air express company has made a departure from the rest. I** Ji L w,- itnifr-- mat&tk Jaw w t fß^ip.w l !L«K|Bit '"V JEw __w- g Jgj ae ,WgsgFt ,■..a^H Ife-*-,, I I F |li| M"" «P™ aircraft. Our EXPRESSffeighter (lights ,ak« off when say so ,o provide
      183 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      75 14 1 I —■—^^I^Mi^i^— ft fl I M I W I m fli V w i v 1 "dtftißL **fHf KiP f 12 r>^^^MwWi^MMMl!^^^^M ■■Hi' C 3 lllllilll^^^Mß^^^Bß^HiHßßHßßMll^^B^^M B .y a MINCOM is recagnfeed as a leading software supplied for the mining, utilities, transport, fp process and defence W^ I m
      75 words
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  • INNOVATION & TECHNOLOGY 1
    • Article, Illustration
      Labour Ministry allays tears over chemical solvents
      588 15  -  IBM has warned about the potential ill effects of two chemical solvents used in America s semiconductor and aerospace industries. Are they used in Singapore? Claire Leow reports Claire Leow ONLY one of two chemical solvents used in America's semiconductor and aerospace industries,
      588 words
    • TECH TAKES
      • Article
        FairPrice installs new Hitachi mainframe
        46 15 SINGAPORE Supermarket chain NTUC Fair Price Co-op-erative Ltd has installed a new Hitachi mainframe as part of its $4 million computerisation programme. The Hitachi system, called EX22, replaced the existing IBM mainframe. The computerisation will include both frontline and back-end operations.
        46 words
      • Article
        Inchcape's $6m IT project
        111 15 SINGAPORE Inchcape, a services and marketing group, has completed the first phase of a $6 million regional information systems project. The pilot scheme, implemented in Malaysia, will be the model for 13 other Inchcape sites in South-east Asia. The entire project, to be completed by next
        111 words
      • Article
        MacWorld Expo/Asia '92
        54 15 SINGAPORE Come Nov 12, Apple Computer will host its Mac World Expo/Asia '92 in Hongkong again. The three-day show, to be held at the Hongkong Convention and Exhibition Centre, is the only regional showcase of Apple and related products. It is expected to draw 20,000 visitors and
        54 words
      • Article
        586 chip to be called Pentium
        92 15 SINGAPORE Santa Clara-based Intel, a semiconductor maker, yesterday named its next generation product the Pentium processor, rather than the 586. The 586 chip, an advancement over the 386 and 486 chips, is used in personal computers as the brain of the system. The Pentium
        92 words
    • Article, Illustration
      Making printers user-friendly
      795 16  -  Geof Wheelwright and Louise Kehoe report on challenges in the printer market Geof Wheelwright,Louise Kehoe FT Ease of use has become the slogan of the personal computer industry. Whether this means pictorial representations of commands on the computer screen, or handwriting recognition that enables control of the
      FT; Source: Dataquest  -  795 words
    • Article, Illustration
      Price wars force Mentor to switch focus to software
      376 16  -  A US computer company tells Helen Chang its bottomline lies with developing software Helen Chang COMPUTER company Mentor Graphics plans to further shift its focus from the computer hardware to software market, as the hardware business becomes less profitable, said Mentor's
      376 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      47 15 FIRST MORTGAGE FINANCE WANTED $7m (Aust) 10% pa 5 Years (Minimum) New Private Hospital in Perth (Western Australia) Independent Sworn Valuation 12.5 m Experienced Hospital Group Total Security your Solicitor handles documentation. Contact Mr Smith at Hilton Hotel, Singapore (*****33) Tuesday, October 27 or Wednesday, October 28
      47 words
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      Page 15 Advertisements Column 2
      403 15 A One Day Conference on New Trends Developments in 4 November 1992 The Dynasty Singapore William Reddawoy, L °T a d GROUP 4 CISCO TRAINING, oppl^chons .w. j Designing a total sec ur ry plan j United Kingdom j 9 Dealing with emergencies Kerran Campbell, Identifying risks CCD, Australia R
      403 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      433 16 flllillllllllllllllllilllllllilllllllllllllll^^ t Senior Manager Jorge Veiga Franca will be in Singapore on I November 3 to host a seminar supported by the Singapore M Manufacturers Association. For details please contact m Geoffrey Kirkby or Debby Yu of the Far East Office in KmJm I A fJ fi t V A
      433 words
    • Advertisement
      Page 16 Advertisements Column 2
      168 16 Ml MASSACHUSETTS NSTITUJE OF TEOWOLOGY BRUT*! I HM CENTER FOR REAL ESTATE DEVELOPMENT ftTM**! j I NATIONAL UNIVERSITY OF SMGAFORE I m T HIIU. I SCHOOL OF BUttDING& ESTATE MANAGEMENT \iMiy jointly prment 1 AN EXECUTIVE SEMNAR ON 1 I 12 13 NOVEMBER 1992 I Hyatt Regency, Singapore For uppermiddle
      168 words
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  • SPORTS
    • Article, Illustration
      From private pain to public service
      1313 17  -  Ira Berkow on the transformation of tennis star Arthur Ashe Ira Berkow NYT THEY were seated around the kitchen table Arthur Ashe, his wife, Jeanne, and their daughter, Camera, now six years old. This was a short time ago and the conversation was unremarkable,
      NYT  -  1,313 words
    • SIDE LINES
      • Article
        Floyd clinches Senior Classic
        74 17 LOS ANGELES Raymond Floyd rolled in four straight; birdies en route to a 9-under-par 62 on Sunday and a tourna-ment-record victory in the US$6OO,OOO Senior Classic* Floyd's three-day total of 195 was 18-under-par, five bettef than the tournament record of 13-under 200 set last year by
        74 words
      • Article
        Coutts sails to victory
        113 17 HAMILTON, Bermuda New Zealander Russell Coutts survived a cliff-hanger, five-race final on Sunday against American Paul Cayard to win the Gold Cup match racing yachting championship on Hamilton Harbour. Coutts, the world match racing champion, came out on top in a see-saw struggle as he lost
        113 words
      • Article
        Price passes US$1m mark
        80 17 SAN ANTONIO, Texas PGA champion Nick Price became the fourth player to pass US$l million in prize money on the 1992 US PGA Tour when he won the US$9OO,OOO Texas Open after a playoff with Steve Elkington on Sunday. Price and Elkington tied at 21-under-par 263
        80 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      123 17 Ia 1 ill I ■^^H^»d|l•'" \^QHH i HSH n& v MJtii 3 R& m KKSfsM Wf I m ■39 U HI r ■IB Jf tw Hk r i* •<4Bfe BjßßBB6ted&jßj|ygjjfi^B6S^^^ R »v*t*c .raw mmGMPit 5 SWIFTRIDER. FASTER F@R SURE. When you are up against a deadline, nothing beats SIA Cargo's
      123 words
    • Advertisement
      Page 17 Advertisements Column 2
      120 17 J We'll W Take Ryder Golf School now offers a jfiLT /f o« 1 revolutionary programme that i*/ tl Strokes U,ces awa y 5 stroke 9 your regular handicap and improves Off your game playing style. BEGINNERS Your INTERMEDIATE (16-24 handicap) •WfVKft*- ADVANCED (15 beloWhaadicap) Courses are available! P* Ryder
      120 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      570 18 ptf Nothing Beats A Bud. Elia KIWO OF 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 i Kings MOT,, Havelock Road, Singapore 0316. Tel: 733 0011 A VtfUffl Of COI HOTf L 5 I
      570 words
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      Page 18 Advertisements Column 2
      224 18 WHERE TO WINE, DINE... Our Tim Sum promises to leave a foreign taste in your mouth. Sink your teeth into authentic Tim Sum without flying to Hong Kong. YOu see, that's where our Seafood Theatre chefs hail from. They'll tempt you with exquisite delicacies like Abalone Har Kau, Cuttlefish Siu
      224 words
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      Page 18 Advertisements Column 3
      301 18 &o v^ l?EouiET li®9Aßj-a j SWaaßferZMaatort O 4ri*«(S«.-Tta| S1I«-»tor Knt iriak f r toih.nMi.iniii.iii Drtmkt mm man etirimg -Jy|^S3|^gJ*mm *em trmm $pm $e a'jj| KTV «nm•*•n-<(ii6«i KTV WOM,l<> < >»>w(wn K 71T44M |M| Level 6 TPIGEc) PeWmufa Hotel 3 CoHmar Street Singapore 0617 l ■MM KARAOKE Experience the sheer exuberance
      301 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      726 18 TELEVISION AND RADIO L lsjlltc SBCI2 S*s 400 drama BUSINESS ON RADIO -L Ulij 7.25 Hi Opening foljowed by to- tta worfd of gourmet cooking 4.M UttW Itoy th. Pry.. BBC, 88.9 mllz in VHF Band II pan Mm Today. (C Last ep). 530 Mighty Mouse and Friends 05am c
      726 words
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  • LIFESTYLE 1
    • Article, Illustration
      A British lass who can be American, if she wants
      687 19  -  Dan Cox talks to the British actress who is winning raves in Robert Red ford's latest film Dan Cox Reuter Emily lloyd loves to imitate Americans. The 22-year-old British actress, who is winning raves in Robert Redford's film A River
      Reuter  -  687 words
    • Article
      Japanese sex tourists not deterred by Aids
      744 19  -  Despite the Aids scare, sex tours to Asia are still popular with Japanese men. Aya Takadaare reports on what is being done to increase Aids awareness in Japan. Aya Takadaare Reuter OF Japanese men who contracted Aids through sex with women, 60 per
      Reuter  -  744 words
    • Article, Illustration
      Rembrandt work one of two stolen from art fair
      564 19 CHATTERBOX THIEVES have snatched a drawing by the 17th-century Dutch master. Rembrandt, and one by a contemporary in a raid on the Netherlands' largest art fair, organisers in Amsterdam said on Sunday. The two works, together worth about 800.000 guilders (*****.000),
      564 words
    • Article
      Salinger proves elusive again
      627 20  -  J D Salinger's house caught fire last week. But even the fire could not smoke the enigmatic writer out, says William H Honan William H Honan NYT NOT EVEN a fire that consumed at least half his home could smoke out the reclusive J D Salinger,
      NYT  -  627 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      216 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 Hill if Mrf Sngapor* '0» 86)
      216 words
    • Advertisement
      Page 19 Advertisements Column 2
      157 19 8! ISi SB. WANDER GARDEN (THAI SEAFOOD) RESTAURANT %g2r£ yW&Jp #02-200, Pandan Gardens Swimming Pool. Pandan Gardens Estate, Singapore 2280. Tel: *****07. OPENED ON 6 OCT 1992 y&k rMIL EXQUISITE THAI CUISINE IS IN TOWN {p&0 A Sensational Feeling You Wouldn't Want To Miss; Experience an unforgettable culinary adventure with
      157 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1643 20 OSTATE BANK OF INDIA (INCORPORATED IN INDIA) Central Office Bombay 400 021, India BALANCE SHEET AS AT 31 ST MARCH 1992 (OOOs Omitted) Profit and Loss Account for the Tear Ended 31st March 1092 (OOOs Omitted) As on 31.3.92 As on 31.3.01 As on 31.3.92 As on 31.3.91 CAPITAL AND
      1,643 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      109 21 r llßwSiilliHnf' 66 (AT&T With NCR's strength in industry-standard i&nnfe^^ AT&T's broad range of advanced offer users networking solutions no other jfftf Our goal is not just to provide the most eixtettsiye ciapafeievsiet of networking products, but to create opett, Wkv;' networks that are as easy to use, as as>cce^fe.
      109 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      721 22 I 1 Hp he BANQUE ASIA '93 conference and exhibition 11 II -I programme is the eighth in a biennial series which 11 II commenced in 1980. It is the most important and II II respected bank technology programme of its kind II I 1 in the Asia/Pacific region. BANQUE
      721 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Shanghai A index falls 398 pts on cash calls
      425 23 CLSA SHANGHAI A shares yesterday fell 398.40 points with the index closing at 3.346.8. Sell-otYs in the Shanghai domestic market were triggered by cash calls on shares allocated to successful subscribers of the fourth official share allotment. Investors liquidated some of
      CLSA  -  425 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Prices end barely changed on selective buying
      955 23 STOCK PRICES ended barely ehanged on selective buying yesterday, brokers said. The Official Index closed at 308.39, compared to Friday's 309.61. They said local interest was weak in most sectors while foreign investors were active in industry shares. "Trading volume is fairly thin.
      955 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Bank stocks boost index to 26-month high
      2196 23 Reuter SOARING PRICES in a handful of major banks boosted the stock index to its highest close in more than two years yesterday, despite declines in most shares. The SET Index gained 11.12 points to close at 913.88 on active turnover of 13.11
      Reuter; Source: Bridge Info  -  2,196 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      179 23 YOUR VERY OWN HASSLE-FREE EgTMNICNg^g6SgICE| ■Hgljn If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of onlf $250 per month, you and your company can HH| n of Singapore Cloh International are important to you and your business, then SPH subscribe to
      179 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Stocks close lower in thin, listless trade
      2592 24 Reuter STOC KS ENDED lower yesterday on a lack of incentives after barely moving all day. Most investors were sidelined ahead of a slew of earnings results from high-tech firms this week and central hank meetings here and in Germany, and could only
      Reuter  -  2,592 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Jitters send shares crashing 200 pts
      2502 24 Reuter SHARE PRICES ended sharply lower yesterday as investors took profits after Beijing attacked the governor's plans to widen democracy in Hongkong, brokers said. The blue chip Hang Seng Index plunged 200.07 points or 3.19 per cent to close at 6,062.47. It fell 4
      Reuter  -  2,502 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Shares close at day's low after four-day gain
      2080 25 Reuter THE AUSTRALIAN share market ended a four-day climb yesterday when it closed near its lows for the day ahead of what is expected to be an uncertain week. Brokers cited the lead up to the US presidential election on Nov 3
      Reuter; Source: Bridge Info  -  2,080 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks end active day sharply higher
      • Article
        SEOUL
        806 25 STOCKS yesterday closed sharply higher on heavy buying inspired by news the Daewoo Group chairman has denied political aspirations. The Composite Index jumped 24.88 points to 582.74 as 852 shares gained with 684 going limit-up and therefore out of play during the morning session. Turnover totalled 423.65 billion won
        806 words
      • Article
        TAIPEI
        423 25 THE STOCK market was closed yesterday for a public holiday. Shares closed slightly higher on Saturday in thin trading, reversing an earlier trend because some institutions entered the market to buy at lows, brokers said. The Weighted Index rose 8.30 points to close at 3,670.90 compared with Friday's 3,662.60
        423 words
      • Article
        BOMBAY
        177 25 THE STOCK exchange, closed yesterday and today for Hindu New Year holidays, will reopen tomorrow. During symbolic trading on Sunday evening to herald the new year, brokers said share prices ended steady after an early rally. "Only token business was done'... trading was unexciting," said a broker. Traditionally, investors
        177 words
      • Article
        Untitled
        625 25 Close Previous Oct 26 NEW ZEALAND NZSE-40 Capital closed 1.381.21 MANILA Composite Index dosed 1.321.41 Turnover (mil pesos) dosed 212 TAIPEI Weighted Price Index 3,670.90 3,662.60 +8.30 Turnover (NTS billion) 6.29 7.7 -1.41 SEOUL Composite Stock Index 582.74 557.86 24.88 Turnover (billion won) 423.65 325.82 +97.83 Manila Oct 23 Peso
        625 words
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  • CURRENCY, MONEY & FUTURES MARKETS/COMMODITIES
    • Article
      Investors ready for more German interest rate cuts
      780 26 IHT PARIS While analysts argue about how fast shortterm German interest rates are likely to fall over the coming weeks, investors are positioning themselves for continued reductions and are moving back to European markets where yields are higher on the assumption that
      IHT  -  780 words
    • Article
      US$ ends weaker against mark in dull Tokyo trade
      890 26 REPORTS THE US dollar ended weaker against the mark in sleepy Tokyo trade yesterday, while it was little changed against the yen, dealers said. Interbank operators bought back marks for dollars after the dollar reached 1.53 marks overseas. Mark gains were
      890 words
    • Article
      FINANCIAL FUTURES
      1040 26 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.37 96.37 96.30 96J1 6i00 5332 ***** Mar 93 96.32 96.32 96.21 96.23 8000 ***** ***** Jun 93 95.83 95.83 95.72 95.72 5500 4528 ***** Sep 93 95.28 95.29 95.22 95.24 2600 1175 3663 Dec 93
      1,040 words
    • Article
      HK gold ends easier on late selling
      152 26 GOLD HONGKONG: Gold closed slightly easier on late Middle Eastern selling yesterday, but dealers said trade was quiet and turnover light. Bullion ended at U*****.80/U*****.30 an ounce against Saturday's local close of U*****.40/90. Dealers expect it to keep to a range of US$342
      152 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1517 26 BJLLLN ESS TIMES ToH fire T1 No 737 0Q43 Fax Wo: 734 36Q8 UNITED INDUSTRIAL CORPORATION LTD (Incorpooled m the Republic ol Sinqapoie) LOST SHARE CERTIFICATES Application has been male to Ihe Oilectoiscrflhe abovenamed company to issue Juplote shaie cetblicales in place ol (he following share certificates which haw been
      1,517 words
    • Advertisement
      Page 26 Advertisements Column 2
      25 26 For Home or Office deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßaocall our Hotline 749-2577
      25 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1327 27 City Flight ETA Flight ETD Abu Dhabi GA887 230 GA892 0100 GA893 400 GA886 2340 QF81 935 QF82 2050 Amsterdam GA893 400 KL838 0040 KL837 515 GA892 0100 SQ323 815 SQ338 2300 SQ348 2300 ft Mf III—Ml NZ35 425 SQ288 2045 SQ286 >045 NZ36 2235 Bahrain
    1,327 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The Prophet remembered
      672 27  -  LETTER FROM LEBANON By Samia Nakhoul FLUTE music and the murmur of a flowing stream. Shady stone arcades. Memories of Khalil Gibran. A visit to this ancient hermitage, carved out of a rocky, cypress-clad mountain in north Lebanon, leaves no room for doubt why Gibran. a poet,
      672 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 27 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1530 1.1650 Canadian dollar 1.286 1.2% NZ dollar 0.8630 0.8830 Sterling pound 2.6270 2.6470 US dollar 1.6100 1.6180 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      109 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Nov 26-29 20lh Antiques Geneva Orgexpo 022/*****00 26- Valenc.a Valencia. Fena Muestrano *****6.11.00 p a j r (f ax j Jan 3. International Spain Intemacional 1993 Trade Fair De Valencia Nov 26- Dakar Dakar. Centre Interna- 221/*****2
      109 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      39 27 What's theprice for a united Europe? Exactly the same when you fly to any one of Finn air's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from aUrt to Pinniah
      39 words
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      Page 27 Advertisements Column 2
      7 27 Advertising Marketing in Business Times every Thursday
      7 words
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      Page 27 Advertisements Column 3
      748 27 ix i The Nippon Credit Bank, Ltd. (Incorporated in Japan) Maod Offlca: 13-10. Kudan-kito 1-chome, Chiyoda-ku. Tokyo 102, Japan. BALANCE SHEET I STATEMENT OF INCOME March 31. 1992 and 1991 Yaar* andad March 31. 1992 and 1991 Million* of Yen Million* of Yon 1992 199? 1991 AStm IMCOMI Cosh and
      748 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      303 27 1 Justice obtained by soldier in various matters (10) j 6 Weather protection for morning doctor's round I I I I I I I I 1 9 Pulling back and turning 10 Spend wisely, being de- is pressed (4) I I I I I I I I 13 The French
      303 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      163 27 Singapore Outlook: Showers over several areas in the morning. Report: Maximum temperature 32.0 Assoc humidity 64% Minimum temperature 24.3 Assoc humidity 79% Hours of sunshine 8.85 Rainfall in mm 0.5 Rainfall this month 174.9 Rainy days this month 14 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/14 Rain Bangkok 33/24 Gear
      163 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      16 27 f fcrcouSSe .-TMe ("J? €>4JOV NOvjft 1 IS P\ Gj߀-PST Ffcro.J PHYSICAL!sfj »tVXI*HO WWS*M(«I HO. 'WJ-IHI
      16 words
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  • Article, Illustration
    New charges of political skulduggery
    506 28 Clinton's lead slipping in final week of campaigning ra§p§w Reuter WASHINGTON The US presidential campaign entered its final full week yesterday amid sensational charges of political skulduggery and signs that Democratic challenger Bill Clinton's lead is slipping. Texas billionaire Ross Perot accused top Republicans on
    Reuter  -  506 words
  • Article
    EC officials confident farm row will be over by Thursday
    271 28 Reuter BRUSSELS The European Commission is confident it will be able to solve by Thursday a farm row with Washington holding up a Gatt deal to free world trade, a senior EC official said yesterday. The official, speaking on condition
    Reuter  -  271 words
  • Article
    Bundesbank discreetly selling US$
    416 28 IHT, AFP PARIS The Bundesbank has been discreetly selling dollars over the past few days, in part to keep its options open for a cut in leading interest rates, according to market analysts. The sales are of dollars the German central bank received in repayment for
    IHT,; AFP  -  416 words
  • Article
    China's economy faces over-heating, says paper
    447 28 Reuter BEIJING Spurred by Deng Xiaoping's economic reform drive. Chinese state industry has gone on an investment binge that is overheating the economy and threatening to cause inflation, an official newspaper said yesterday. China is heading into another boom cycle without correcting old problems
    Reuter  -  447 words
  • Article, Illustration
    Breeding entrepreneurs, the creative way
    671 28  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT news editor IN THE Cold War days, there were some widely told stories about Soviet chess masters. It was said that Soviet children who showed promise in chess were given much
    671 words
  • Article
    Philippines worried by China-Japan rapprochement
    305 28 Reuter MANILA President Fidel Ramos said yesterday the Philippines was worried a rapprochement between China and Japan following Emperor Akihito's visit to Beijing could lead to cuts in Tokyo's assistance to the rest of Asia. Mr Ramos told his weekly news conference he was calling
    Reuter  -  305 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      363 28 f Singapore's most popular Nttsuko/w Telephone System BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I.LimSooChin of Blk. 459, Ang Mo Kio Avenue 10, #14-1592, Singapore 2056, have applied for a Retail Liquor Shop licence in respect of
      363 words
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      Page 28 Advertisements Column 2
      9 28 US manufacturers fear costs of Clinton victory, Pg 9
      9 words
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      Page 28 Advertisements Column 3
      9 28 US$ ends weaker against mark in Tokyo, Pg 26
      9 words
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      Page 28 Advertisements Column 4
      130 28 SINGAPORE (OMM C Distributor of the most sought after M Key Telephone System Tel: 278 7088 J Business helps China and Japan bury the past, Pg 12 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600
      130 words
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  • Shipping Times
    • Article, Illustration
      Singmarine's dock lists, causing major damage
      437 29  -  By Conrad Raj SINGAPORE Loael me-dium-sizc shipjjptoKr and repairer Singmarine Industries' main floating dock, which can accommodate vessels of up to deadweight tomiefc, -submerged yesterday, causing major damage. The mishap at the company's Gul Road yard came just a fortnight after the dock named
      437 words
    • Article
      SSA Thailand hopes to provide complete intermodal service at Laem Chabang
      431 29 BANGKOK In addition to its plan to establish an intermodal transport model for Asia, terminal operator SSA Thailand is eyeing room at the Laem Chabang Commercial Port to provide a complete intermodal transport service. William Plymale, SSA's executive vice-president,
      431 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      874 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 Asia Cont Lines 14 5 •ASCL 5 5 Avia Airways 9 3 •Bait Orient Line 7 4/5 Bangladesh Shpg 9 4 Bank Line.
      874 words
    • Article
      Exxon settles oil spill lawsuit with Sperry Marine
      242 29 Reuter NEW YORK Exxon Corp has settled its lawsuit against Sperry Marine Inc over claims that steering equipment made by Sperry malfunctioned and led the Exxon Valdez tanker to run aground in Alaska, a company spokesman said last Friday. The oil company
      Reuter  -  242 words
    • Article
      Los Angeles to study 3 offers to lease shipyard
      387 29 UPI LOS ANGELES Hoping to stave off final closurc of the Todd shipyard in San Pedro, a city council panel directed city staff last Friday to investigate three offers to lease the 32.8-ha site. Councilwoman Joan Milke Flores, chairwoman of the
      UPI  -  387 words
    • Article
      Atomic agency plans close watch on plutonium shipment
      277 29 AFP VIENNA Officials of the International Atomic Energy Agency (lAEA) plan to take special care in monitoring a controversial shipment of highly radioactive plutonium from France to Japan, an lAEA spokesman said last Friday. The 1.5 tonnes of plutonium one of the
      AFP  -  277 words
    • LOG BOOK
      • Article
        THAI starts Katmandu service
        70 30 KATMANDU Thai Airways International on Sunday started its fifth weekly service between Bangkok and the capital of the Himalayan kingdom, aviation sources said. The move came three months after one of the company's aircraft crashed as it approached the mountain-ringed airport, killing all 113 passengers and
        70 words
      • Article
        Ship carrying lead cargo sinks off Dutch coast
        87 30 AMSTERDAM A Norwegian freighter carrying over 2,000 tonnes of lead concentrates sank off the Dutch coast on Sunday, posing a serious local pollution threat, Coast Guards said. AH six crew members of the the Nordfrakt were picked up by helicopters and transferred
        87 words
      • Article
        KAL victims may have survived
        83 30 SEOUL A South Korean politician quoted a US Central Intelligence Agency (CIA) report yesterday as saying some of the victims of the 1983 downing of a South Korean jumbo jet may have survived. "We have got a CIA report classified as top secret which says
        83 words
      • Article
        Russian sub enters Suez Canal
        90 30 PORT SAID, Egypt A Russian submarine sold to Iran last month before Moscow suspended the sale of submarines to Tehran entered the Suez Canal on Sunday on its way to the Red Sea. Canal officials confirmed a Russian submarine was going through the canal, heading
        90 words
      • Article
        Storm Colleen hits Manila
        76 30 MANILA Tropical storm Colleen dumped heavy rains yesterday, disrupted business and commercial activity and threatened to unleash avalanches as it churned toward the Mount Pinatubo volcano. The Manila Weather Bureau said Colleen, which was downgraded from typhoon status late Sunday, struck Luzon Island, 110 km east
        76 words
      • Article
        Chinese plane crashes, 13 killed
        86 30 BEIJING A chartered domestic airplane carrying Taiwanese and European tourists crashed on Thursday in western China, killing 13 people and injuring four others, the official Xinhua news agency reported. The plane, the type of which was not immediately identified, crashed less than an hour after
        86 words
    • Article, Illustration
      Highly sexist, wildly successful
      1192 30  -  Passengers love the Singapore Girl and what she epitomises. And the success of Singapore Airlines, tfte-world's most profitable airline, is in no small measure due to her, reports Philip Shenon Philip Shenon NYT The worlds most profitable airline does not employ anyone called a flight attendant.
      NYT  -  1,192 words
    • Article
      THE SHIPPING GUIDE
      9255 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      9,255 words
    • Article
      SHIPPING AGENTS
      3298 43 Containerline NV: Belsin Shpg I Agencies Pic Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Ad km Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Alhatros Sea-Air Service: Frata Shpg Pte Ltd
      3,298 words
    • Article
      COURIER SERVICES
      257 43 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. .Airborne Freight C orporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax. *****50. Ouster Link Supplies Services
      257 words
    • Article
      AIR FORWARDERS
      1491 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerotink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,491 words
    • Article
      PORT CONDITIONS
      3552 44 ALBANIA Durres: Six vessels in port. ARGENTINA Labour working normally. Buenos Aires: Berthing situation normal, with no delay expected. San Lorenza: Port fully occupied with 6 vessels operating, 4 waiting in roads; not more than 2 days berthing delay expected. Rosario: Five vessels in port of which 1
      3,552 words
    • Article
      AIR FREIGHT SCHEDULE
      557 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 1 TYO KAL
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    • Article
      SHIP SALES & TANKER RATES
      922 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Baroo: 144,800 dwt and built October 1980 Hitachi; inspectable Seven Islands prompt ets Oct 21; therafter Philippines Dec 8. Try offering in the region of USslB.om, ideas closer to USs2o.om with 3 option 1 option 1 year (try 5 years straight);
      922 words
    • Article
      CRUISE & FERRY SCHEDULES
      200 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nmbt of Vcsad ETA ETD Potts of Calls Port Agem Telephone No OCTOBER 26 27 Andaman Princess 1300 1800 Sin-Phuket Lines Int'l Hldgs 224-2763 28 28 Fantasy World 1000 1900 Sin-Jakarta Lauw Sons 227-8284 28 30 Aurora I 0600 1200 World Cruise Barwil
      200 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        357 45 Voy Ho Berth Dtparture Vessel toy No Berth Arrivd Departove Marina Wharves m Rao RJA03W P02 2a 10/2030 29.10/2000 Batam Baru B191 2710/0900 27.10/2300 Kuroshima Ma 70-3 P096 26.10/1800 27.10/1800 Batam Indah N03 M03 27.10/0900 2810/2300 Pac Samudra 5/92 P02 27.10/0700 2810/0700 Batam Maiu *****2 M03 27.10/1000
        357 words
      • Article
        CONTAINER SCHEDULES
        1309 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Contatoer* nihtte Ship Voy Wo Containers «wfcM» Laura Ms 9212 COO(EST) 22.10.92 2300 Maco Robusta 086 COO(EST) 24.10.92 0700 Sea Fortune SFT036 COD(EST) 23.1092 1400 Anson *****N COO(EST) 24.10.92 0700 Josindo 1 ***** COO(EST) 23.10.92 1430 Hum Bridge
        1,309 words
    • Article
      DAILY FREIGHTS
      619 46 THE DRY cargo freight market rose again on Friday, with the Baltic Freight Index (BF1) posting a further 14-point rise to 1,093, brokers said. Chartering activity from the former Soviet Union was noticeable, but there were very few reports of actual business in evidence, brokers said. Russia bid
      619 words
    • Article
      TRANSPORT DIARY
      741 46 Nov 3-5: PetroTech 92, jointly organised by Petamgas Maritime Services and RAI, will be held at the RAI International Exhibition Centre, Amsterdam. For details and registration forms, please contact Petamgas at tel: 223-6118 or fax: 223-9929. Nov 3-5: Holland Offshore 92, jointly organised by Petamgas Maritime Services and
      741 words
    • Article
      Abacus plans to move into Thai, Indon markets
      379 48  -  By Rahita Elias SINGAPORE The AsiaPacific computer reservations system Abacus, which has already made a name for itself in the region's air travel industry, is keen on fortifying its stronghold by expanding into the Indonesian and Thai markets. Explaining the company's strategy,
      379 words
    • Article, Illustration
      Pension agency threatens to sue Icahn
      256 48 NYT A government agency is threatening to sue Carl Icahn, chairman of Trans World Airlines, to hold him responsible for US$l.2 billion (Ssl.9 billion) in pension payments to retired TWA employees. The Washington Post reported last Sunday. The newspaper said Pension Benefit Guaranty Corp,
      NYT  -  256 words
    • Article
      New beginning for Lufthansa
      439 48 German airline to improve service, cut costs NYT FRANKFURT Sunday marked the beginning of a new gamble by Lufthansa, the German state-controlled airline, to dramatically improve service and equally cut costs. Under the new strategy, eight key domestic German routes are to be served by a
      NYT  -  439 words
    • Article, Illustration
      50th Boeing 767 for ANA
      138 48 SINGAPORE Tokyo-based All Nippon Airways took delivery of its 50th Boeing 767 aircraft (above) recently despite the global drop in traffic and stifTcr competition in international routes. The Japanese carrier is the Boeing Co's biggest customer outside of the US for this type of aircraft.
      138 words
    • Article
      High-speed rail a relief for crowded roads, skies
      278 48 NYT GENEVA A primary reason for the popularity of high-speed rail is the severe congestion on Europe's roads and even more so in its skies. "Congestion is a very, very serious problem," said John Brindley, a spokesman for the International Air Transport
      NYT  -  278 words
    • Article
      Ford beats Japanese at their own game with Probe
      303 48 UPI CHICAGO The 1993 Ford Probe GT has taken the old adage. "If you can't beat them, join em," to the logical next step: "Join 'em and then beat them." The second generation Probe is again a hybrid of Japanese engineering
      UPI  -  303 words
    • Article, Illustration
      Jeddah crash: airline disputes report of unairworthy plane
      225 48 AFP MONTREAL The chartcr airline Nationair last Friday disputed a Saudi Arabian report that said one of its planes that crashed near Jcddah killing 263 people in July 1991 was "unairworthy". The report prepared by Saudi and Canadian aviation experts said the
      AFP  -  225 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      33 29 The Singapore Girl ad: highly sexist, wildly successful, Page 2 Abacus plans to move into Thai, Indon markets, Back Page •Ji"V #rvk# rtprMMtMl by ag^aaaagajfe For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      33 words
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      Page 29 Advertisements Column 2
      331 29 m managers /Must V lanage BT shows you how every Monday. I Someone dose has HfeMldH been Rving Your son in Canada is studying for some years, overseas. You've given up HPSSIH And you wrtttagthose A v/ long letters, want him The Straits Times ■EjmljH close to home weekly tells
      331 words
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      54 30 Tie Baaj-fciye Housekeeper -this hotel)" O vvwv I I wants >s me. Bob I'll never neglect L__ I Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA
      54 words
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      Page 31 Advertisements Column 1
      4081 31 v OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 AIIWMW BOOKINGS TEL: *****34 *****58 ■Miff TERMINAL/CFS TEL: *****18 220 F*****H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. I J a PORT KELANG TEL: *****18 FAX: *****91 *****88 bßMffl AI IT H AIII c««„« n PENANG TEL: *****4 FAX:
      4,081 words
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      Page 31 Advertisements Column 2
      1402 31 ■I WEEKLY DIRECT CALL TO NAGOYA SEA LAND EXPRESS V.IS2E ETA SIN 2/11/92 ETA NAGOYA 12/11/92 VMM Voy ETA ETD feeOm by s-i-wArt. DESTINATIONS Thn mm Merit Maarak 9206 vii oaoo mrs iMHillliHl ■■■■(■■■■lllilll CFS 2/11 2358 MRS JOM LPK PEN OAK LGB HOU MEM ATL MIA CMS BAL PHL
      1,402 words
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      1379 32 R DAM/ VOY NO S PORE JEDOAH SHAMTON H BURG ANT LE HARVE J V KAMAKURA 25/143 29/10 14/11 17/11 15/11 JL MLIBMIW KAQA 26/343 31/10 10/11 18/11 21/11 22/11 25/11 TOKIO EXPRESS 09/144 5/11 21/11 24/11 22/11 CMNBiO MfrCQMflßllf LEVERKUSEN EXPRESS 09/344 7/11 17/11 25/11 28/11 29/11 2/12 I^'
      1,379 words
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      Page 32 Advertisements Column 2
      448 32 cnzi^ss FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for ail services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia e Hungary CSFR e Poland ocT<§)Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Fe»d«r Vessel ffT£ SM VILLE DE SIRIUS 31 /10 VILLE
      448 words
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      Page 32 Advertisements Column 3
      1475 32 1 I ramsiia REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA AL MANSOORAH 9234-3 27/10 11/11 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 02/12 03/12 05/12 05/12 06/1? J NOR ASI A SUN 9236-3 10/11 2/12 3/12 8/12 9/12 10/12 12/12 12/12 13/1* J
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      1952 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Id: *****88 Fax: *****17 ACCEPTS CARGO DUE SALS iI fil IkM SfStiIIVI[M9[IKIf;I RAJAH BROOKE ¥1* Muau. Lab 27 21 Oct 21 Oct 29 Oct STRAITS STAR VICE KK. Skin. Taw 21 29 Oct 30 Oct 30 Oct
      1,952 words
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      Page 33 Advertisements Column 2
      2797 33 SINGAPORE AGENT: PXtI I Arifoinai*C PAO Containers (Singapore Agencies) Pte Ltd Vk X 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 VE66CL VOY 'MM *P*Q 6M ALU SOU ANT ROT HAM VESSEL VOY ANT HOT NAM SOU
      2,797 words
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      649 34 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Wt/WY STOK ROM* ADAM HTftJRG BREMEN «TMW IMTMUM.33M 24/12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subpct to lnduc*m*nl. Also accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa, Trioate ALSO ACCEPTING CONVENTIONAL CARGO VIA T/S TO UK
      649 words
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      Page 34 Advertisements Column 2
      1405 34 0 H ANJIN SHIPPING n* VSI SM Lit HAU. LGB OAK FOR VS. SM |UC HAUL SAV IM NYC HA NAN ROTTERDAM 020E 1/11 DKCT 22/11 25/11 FISHGUARD BAY 212N 2/11 M. EUROPE 004E 10/12 11/1213/12 HANJM KAOHSUNG 010E 8/11 H OAKLAND 019E 29/11 2/12 HAIUN CHEKJ OS# 9/11 HANW
      1,405 words
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      Page 34 Advertisements Column 3
      1145 34 H T I w w «st uc u 111 osi Kt at no im cxs mi ntc lmv hm hm t» ac no cm nti scr '■t II SSdVLV "i/h .ft, 1 I ,2H,!{}} Sffl /u !2 /u 14/11 11/11 /U 0/1211/1212/12- 22/11 a/u m/u a/us/i is/i u/i 20/1 M
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      1804 35 SCX: 'CALIFORNIA PEGASUS 08E' ETA SGP 28/10/92 II U II ARRIVING LOS ANGELES 15/1V92 IN 17 DAYS II ■I 11 AEX 'NEPTUNE AZURITE 06E' ETA SGP 04/11/92 II Hr B| ARRIVING NEW YORK 27/11/92 IN 22 DAYS II cujnmmn out*muum*mm.*TuunK wftiai3fegB^%4| lU FEEDER V9L VOY 9CP MOTHER VBL VOV SET
      1,804 words
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      Page 35 Advertisements Column 2
      1101 35 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) FULL CONTAINERSHIP SERVICES SASTBOUND-OCCHAKONG WESTBOUW-lOOOMG TRAHSHPPED WA ROTTERDAM
      1,101 words
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      Page 36 Advertisements Column 1
      1577 36 ASAGENTS: KAWASAKISINGAPORE (PTE) LTD (CR No: **********0 M) W W W?\ TEL *****77 TELEX; KAWAN R*****5 FAX: *****07/^9 I I r%| H. MALAYSIA: *K" UNE MARITIME (MALAYSIA) SON BHD I A Mfc UAlllLi TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 mmm KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
      1,577 words
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      Page 36 Advertisements Column 2
      1070 36 PHILI'ORI€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 fcSff BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 28 OCT SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 8 NOV AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH.
      1,070 words
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      1132 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E VESSEL VOY SIN JKT SIN VOY BKK SIN liiMi naiTti I*. jr.' 77,, KOTA BINTANQ KBT4ON 27/10 30/10 3/11 BUNG A TfcRATAJ 433 28/10 30/10 3/11 tfAT aakM FniiATno UAMftf /1A </
      1,132 words
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      Page 37 Advertisements Column 2
      1047 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: WEENA WONG/ NOELLE TAN TS CHOW/ YEA SHYUAN REGULAR DIRECT CONTAINER BREAKBULK SERVICE PT. KELANG/S'PORE NOUMEA/FIJI NEW ZEALAND VOY PT KELANG S PORE NOUMEA SUVA
      1,047 words
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      Page 37 Advertisements Column 3
      276 37 °BSA° TRANSPORTATION M MYANMA wßtfk FIVE STAR LINE (Myanmar National Line) Loadinf for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN VIUN 30/1 No. HPA-AN VII3W 4/7 Nov PAGAN nnm is/i« No* NIGERIAN NATIONAL M SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 23 Nov Lagos 16 Doc Pt Mar
      276 words
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      1413 40 H Conventional Semi-Container Full Container Liner Services Liner Services «<«*>: Mm* < General Agents: Booking Agents: General Agents: Booking Agents: Gnan Gnan Skipflag S4n Bkd Chung CMae Yfrfrfftir 5#w BM PJ. Global Rntra Indonesia Maritime Yick Fung Shipping Slmi* Fn&t Seeking Gnats* Agfcm Costar Shipping Pte Ltd SHmm Frmgkt MU«
      1,413 words
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      Page 40 Advertisements Column 2
      532 40 EXPORTS TO HONGKONG, TAINAN, MANIA I JAPAN "TWICE WEEKLY" MALACCA STRATTS SERVICE OUTBOUN) WTfia Wl MT ISW I ft. «t KAO Kg TTO TOO gg HCO HOP I DtBB Wl ll [W1 Bl M AO Lit 2SB ~2410 "2110 29 10 30.18 111 111 10.11 10.11 11.11 12.11 OH NT
      532 words
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      Page 40 Advertisements Column 3
      408 40 I VESSEL VOT JAKARTA SPORE BANGKOK MANIA GUAM SATAN I "ASIAN ORCMD" 19- NOV 9 NOV 5 NOV IS NOV 21 NOV 23 I OCEAfRA EXPRESS 77 NOV 25 NOV 29 DEC 5 DEC 12 DEC 14 I "ASIAN ORCMD" 19 NOV 9 A SAN ULT V 46 DEC C
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      Page 40 Advertisements Column 4
      276 40 SAMUDBU MDQKSU (S) PTI LTD™" 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore OKM Tatoz: R*****0 ■■■I Tafc ******1-3 FiE 22S 4KM, *****36 FOR BOOKMQS CALL OMECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 945 27/10 (TUE) 31/10 (SAT) LAWANTI 983 28/10 (WED) 30/10 (FRIi DERAJAT 1005
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      576 41 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PHEAUS 28/10 ROTTERDAM 28/10 HAIFA/ASHDOD/ALEXANDRIA 28/10 HAMBURG/BREMEN 28/10 MARSELLE/FRANCE 28/10 FELIXSTOWE/UK 28/10 BARCELONA/SPAIN 28/10 LEHAVRE/ANTWERP 28/10 GENOA/ITALY 28/10 GOTHENBURG/SCANDINAVIA 28/10 LOS ANGELES/WC/IPI 1/11 SYDNEY/MELBOURNE 28/10 NEW YORK/EC Vfl FREMANTLE/ADELADE 29/10 VANCOUVER Vfl BRISBANE
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      Page 41 Advertisements Column 2
      1100 41 WAMA BHUM 104S 27/10 31/10 THAMA OUT 03ST Wsd 20/10 M 31/10 WTT BHOO 02S 29/10 02/11 MAMA BMUM# 130N 20/10 Sm 01/11 5® 31 10 3 11 IARU BHUM SOW Frt 30/10 Won 02/11 ■MR Mil 105S 03/U 00£11 fMNTA BHUM 113 M Sat 31/10 SM 04/11 25 so!—iszii_
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      Page 41 Advertisements Column 3
      339 41 n&i TKER-Lrs VSL VOY SSOOAPOfC MADRAS SMGAPOBE Ktssa VOT MM sn nsa MH ***** to ftrt 01-43/11 09-10/11 nsa moo m »»/io 0047/11 1213/11 m smo 22M #2-03/11 n-u/u 17-u/n nsa stm *ow 05-00/12 42-U/12 10-20/12 VtL VOY SMQAPORE/CALCUTTA/SMQAPOnE VESSEL VOT CM. sw 1 nsa ma lsscn 30-31/10 w-it/n io-17/n
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      1513 42 JUU|MAC-NELS groupage I IV"/\ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 28/10 29/10 30/10 Hong Kong Ldn/Fh/Rdm/Ant 29/10 30/10 31/10 1/11 2/11 3/11 Hong Kong G'bug/C'hagen/S'holm/Oslo 1/11 2/11 3/11
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      Page 42 Advertisements Column 2
      336 42 w- BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SM PROSPECT 21S 6/11 18/11 20/11 6/12 N Z STAR 0532 17/11 29/11 1/12 17/12 PREMER 21S 30/11 12/12 14/12 30/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,
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      Page 42 Advertisements Column 3
      1184 42 f THONG SOON LINES PTE. LTD.] A 77 ROBINSON ROAD #15-00, #16-00 SIA BUIDWG SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOI CABLE: TOSOCO ICOirWHTtWAUC^AWW| SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA KSSEL |»0Y IS'POIE [PEST VESSEL VOY SPOtE P. KEIAM EQUATOR JADE
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      Page 45 Advertisements Column 1
      36 45 Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore Press Hokhngs
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      Page 45 Advertisements Column 2
      88 45 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Tunes every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
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      388 46 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times. NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANIA VIGOUR PACFIC 74N8 30/10/92 (FRI) 04/11/92 TWO SAILINGS WEEKLY VIGOUR LUZON 3NB 02/11/92 (HON) 07/11/92 MONDAY AND FRDAY VIGOUR SINGAPORE 39R8 06/11/92
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      Page 46 Advertisements Column 2
      309 46 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 28/10 Rott*r<l«m/Antw«rp CHINA CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      Page 46 Advertisements Column 3
      249 46 I FTCTTfEI CONTAINER LINE t A—> M—MI J ABERDEEN FELIXSTOWE WEEKLY X CONSOLIDATION WJL, < > .i£~f Inland Destinations: f"" y •LONDON •LIVERPOOL /> LIVERPOOtB .MANCHESTER SOUTHAMPTON DUBLIN vt y-'V» •BIRMINGHAM -ABERDEEN DpiU^C. •MANCHESTER FEUXSTbWE Tel: 538 0155 .-4 j OWENS CONTAINER LINE (S) PTE LTD SOUTHAMPTON 133 New Bridge
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  • Page 46 Miscellaneous
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      470 46 TODAY'S TIDES (height in metres) mm^^« HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 JR 29 28 24 18 13 09 08 09 13 20 28 32 32 29 23 16 10 05
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      1134 47 I ▲HYUNDAI I MERCHANT WESTBOUND TO EUROPE vEssas no+ pke+ pgd+ aw htm ant* hh* han aiq fe I H. EXPIOKK 302* 30/10 30/10 30/10 1/11 20/11 20/11 21/11 21/11 21/11 24/11 H. CHALLENGER 301* 6/11 6/11 6/11 S/ll 27/11 27/11 21/11 2t/U 21/11 1/12 SL ■CEPEJOOCE 302W 13/11 13/11
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      Page 47 Advertisements Column 2
      455 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS nssu w v pi uc u itmi i J n MUM MM 12) HI MM 21/ It KTWI 7 1 ■FT If/I* CMMMI TUMI 21 24/11 11/11 CMK CUkIUMU 21 2/11 «/U KMC MIN 27 l/ll l/ll USTTM
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      Page 47 Advertisements Column 3
      931 47 OUR USA aar n" m r r i" 1 isr rit service calls —I in lUI 27/n humwi mm hum aa/n u/n u/n it/n u/n "iiTn" a/n u/n a/n SINGAPORE a» hi ».ta u/n mjHiai mmm tun WU a/n a/n a/n »/n »/n 77/11 a/11 77/11 DIRECT EVERY —1 w
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      Page 47 Advertisements Column 4
      146 47 BINTANG MAS SHIPPING PTE. LTD. 39 NEI. ROAD SINGAPORE 0208 I TEL: *****88 TLX: R*****5 SMMER FAX: *****64 ACCEPTS K*TS Of I CMtSO STOtt DESTMATHN MB CURT JAtt Vl* 24-26 Oct 27-21 Od Muara. latex BMTANG BEL AIT V23E 26-27 Oct 21-29 Oct BM*. Mi KB«M MBtCURY PUM. ¥2IE 30-31
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      97 48 Every Saturday in Business Times It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the
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      Page 48 Advertisements Column 2
      5 48 Every Saturday in Business Times
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