The Business Times, 2 November 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Monday, November 2, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 47 1 ASTRAKHAN. Russia Russian President Boris Yeltsin, long used to cheering adulation. won only lukewarm backing yesterday when he toured the southern region of Astrakhan rallying support for his beleaguered government. Gone arc the days when crowds approved his every word.
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    • 68 1 MOSCOW Russia flew thousands of elite special forces to the Caucasus mountain city of Vladikavkaz at the weekend to quell an ethnic clash that highlighted the frailty of the country's southern fringe. Reports by local agencies spoke of dozens killed and many more injured
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    • 41 1 MALAYSIAN Finance Minister Anwar Ibrahim's 1993 Budget last week was largely welcomed as a balanced package adequate to pilot the country through another year of strong growth by boosting national savings and exercising greater fiscal restraint. Page 2
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    • 44 1 EUROPE and South-east Asia smoothed over sharp differences on human rights but some European ministers left Manila after the conference of foreign ministers from the EC and Asean unhappy at their failure to wring promises from Asia on individual rights. Page 9
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    • 41 1 THE Italian government's moves to rein in its huge budget deficit have helped set the scene for a return of the lira to the European currency grid, >ays the governor of the Bank of Italy Page 11
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    • 30 1 SENIOR Minister Lee Kuan Yew, who delivered the keynote address at the Financial Mail Investment Conference in Johannesburg on Oct 29, recounted Singapore's experience Page 13
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    • 28 1 A RECENT survey shows that 9,0 per cent of 1991 graduates have found employment, and over half of them had more than one ofTer Page 14
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    • 28 1 JAPANESE luxury liner Asuka may leave South-east Asian waters for good if passengers continue to prove scarce, cruise operator NYK Cruises said. Shipping rimes Page 1
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  • MARKET SUMMARY
    • 32 1 MALAYSIAN conglomerate Sime Darby Bhd is giving top priority to building up its operations in Thailand and Indonesia. where it is aiming to have listed flagship companies Page 3
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    • 27 1 THREE of Singapore's biggest banks OCBC. UOB and OUB are set to capitalise on their presence in the booming Malaysian market. Page 3
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    • 37 1 JAPANESE entrepreneur Paul Sun has agreed to sell the 500room Ramada Renaissance for more than HK$l.3 billion (***** million) in the first hotel secondary market deal in Hongkong in three years Page 4
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    • 37 1 TWO of Japan's biggest shipbuilders and defence contractors Kawasaki Heavy Industries and Sumitomo Heavy Industries have announced sharply lower first-half pre-tax earnings, blaming sluggish general machinery sales and a prolonged economic slowdown. Page 4
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    • 41 1 SINGAPORE banks, confident about their own Hongkong and China connections, are unlikely to buy over Overseas Trust Bank from the Hongkong government in spite of an invitation to do so from the colony's banking commissioner Page 8
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    • Article, Illustration
      27 1 Friday Change BT-MGA 655.95 +0.04 Kuala Lumpur ....641.31 +4.18 Tokyo 16.767.40 -170.31 Hongkong 6.190.69 +73.19 Svdncv 1.425.0 +8 New York 3.226.28 -19.99 London 2.658.3 +16.0
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    • 22 1 Exchange rates USS SS 1.6190 100 Yen S$ 1.3120 MS SS 0.6445 Money market rates Overnight 1-1/2% -1/8 3-month 1-15/16% -1/16
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    • 31 1 Rubber S'pore Nov 143.50Vkg unch M'sia Nov 222 '/kg unch KL Tin Turnover 23tonncs -6 Spot MS 14.35/kg +0.05 Crude palm oil Turnover 1550 lots 777 Dec MS917 /tonne 7
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  • 713 1  -  Jan-July output almost as high as for the whole of 1991 By Claire Leow SINGAPORE After a dismal performance in 1991, the local disk drive industry is making a spectacular comeback. Output has soared in the past three quarters, and the
    Source: TDB  -  713 words
  • 212 1 Reuter HONGKONG World Trade Centre Ltd has cancelled the HKS2.S billion (***** million) sale of its flagship World Trade Centre tower, saying that three downpayment cheques from the Chinese buyer. Resourceful River Ltd, had bounced. The cancellation, announced in a notice
    Reuter  -  212 words
  • 363 1  -  By Hong Lee Tiam SINGAPORE An Environmental Audit Plan will be implemented early next year to help industries develop measures to avoid waste and conserve resources. Environment Minister Ahmad Mattar said yesterday. Announcing this at the launch of the "Clean and
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  • 32 1 US presidential candidate Bill Clinton is clinging to a narrow lead on the last lap of the election. Turn to the Back Page for the full story.
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  • 590 1  -  By Harish Mehta SINGAPORE The Gloucester, a four-star central London hotel, was bought last week by a subsidiary of homegrown property heavyweight City Developments Ltd for S$ 171.24 million. The subsidiary-, CDL Hotels International Ltd, is 52.8 per cent owned by Singaporelisted
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  • Page 1 Advertisements
    • 121 1 THE 1 VISIBLE F V DIFFERE; ce in PROFESSIONAL EYE CARE 1 Plaza Singapura Liang Court AA|I~ Marina Square Scotts Clifford Daimaru Sunglasses Counter Aircraft Schedule 27 KLSE 21 TV Radio 16 Analysis 13 Market Reviews 23 Weather 27 Commodities 26 Money Changer Rates 27 World News 10,11 Company News
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    • 119 1 There's no place like home with Dulux. THE WORLD S NO 1 PAINT Hock Lock Siew: Malaysian Budget unlikely to trigger bull run, Pg 3 Remember when flying made dreams come true? Once, an aeroplane flight opened up a world of new opportunity for you. Even today, every business flight
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  • PAGE 2 NEWS
    • 449 2  -  From Leslie Lopez in KUALA LUMPUR MALAYSIAN Finance Minister Anwar Ibrahim's 1993 Budget last week was largely welcomed as a balanced package adequate to pilot the country through another year of strong growth by boosting national savings and exercising greater fiscal restraint.
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    • 392 2  -  From Salil Tripathi in JOHANNESBURG BREAKING FROM its past isolation, business delegations from South Africa will visit the Philippines and India early next year. Senior officials of the South African Foreign Trade Organisation (Safto) will be in Asian capitals from today
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    • 389 2  -  By Chuang Peck Ming SINGAPORE The Asean Free Trade Area (Afta) offers modest economic gains for member states but is still a useful showcase of Asean unity, a study by two local economists has concluded. Figures from their econometric model show that a
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    • 242 2 SINGAPORE Tourist arrivals inched up 5.4 per cent in August this year over the same period in 1991, despite declines in four major markets Japan, Hongkong, Korea and India. This was because the falls were more than offset by arrivals
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    • 482 2  -  By Lim Soo Neo HONGKONG Chinas coastal city of Ningbo is planning to hold its first exhibition in Singapore in August next year to improve its trade with South-east Asia and draw investors from the region. Dai Long Yue. deputy
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  • Page 2 Advertisements
    • 189 2 Positive response to IVTsian shipping fund plan. Shipping Times, front page KL Budget unlikely to trigger bull run, Pg 3 The new German way to fly: more hospitality to shorten your long journey. Lufthansa. i B x 'ir- i, 9wtk -W-M i ~M wrW 13* k Jr&s+T v y^Krw iv
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    • 10 2 Guangzhou fair ends old era on lacklustre note, Pg 10
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  • COMPANY NEWS 1
    • 552 3  -  By William Chia SINGAPORE Malaysian conglomerate Sime Darby Bhd is giving top priority to building up its operations in Thailand and Indonesia, where it is aiming to have listed flagship companies. It also wants to expand its financial services division by going
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    • 484 3  -  THE HOCK LOCK SIEW COLUMN By S N Vasuki SINGAPORE It looks like the Malaysian stock market had correctly anticipated that the annual Budget presented by Finance Minister Anwar Ibrahim would be bullish. Last Friday, the Kuala Lumpur Stock Exchange's Composite Index touched
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    • 379 3  -  By Moiz Tyebally SINGAPORE Three of Singapore's biggest banks OCBC, UOB and OUB arc set to capitalise on their presence in the booming Malaysian market. With 65 Malaysian branches between them, the banks are well placed to grab a bigger slice
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    • COMPANY BRIEFS
      • 52 3 KUALA LUMPUR Sapura Telecommunications said in a circular to shareholders that its proposed acquisition of Uniphone Sdn Bhd will allow it to participate in the growth potential of the company which operates payphones and distributes computers, adding the acquisition will also enhance the group's
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      • 49 3 KUALA LUMPUR Taiping Consolidated has forecast group pre-tax earnings of MS3 million (551.92 million) for the current year, compared to the previous year's M 5229,000, attributing the optimistic forecast to two loss-making investments being divested as part of the group's financial restructuring exercise.
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      • 49 3 KUALA LUMPUR The Berjaya group plans to strengthen its financial services division, especially stockbroking and life insurance, said chairman Suleiman Amin. who added that although special attention will be paid to the stockbroking and life insurance businesses. Berjaya would not neglect its other businesses.
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      • 56 3 KUALA LUMPUR Lien Hoe Corporation Bhd is proposing a one-for-two rights issue of M 585.74 million (Ssss million) comprising 6 per cent, five-year redeemable unsecured loan stock with detachable transferable subscription rights (TSR). The company said that every MSI nominal amount of the loan stock
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      • 61 3 KUALA LUMPUR Eurapipe Ltd, a 51 per cent subsidiary of Antah Holdings Bhd, has entered into a joint venture in Indonesia to manufacture thermoplastic pipes and fitting system. The company said the joint venture company, PT Kujang Eurapipe, will be 51 per cent owned by
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    • 408 3  -  From Al Labita in MANILA FUND MANAGERS here arc responding cooly to the public offering of a subsidiary of Singapore's Hong Leong Group in spite of the fact that its shares are selling briskly abroad. Norbcrto Nazarcno, CitiCorp Vickers' president, told BT
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    • COMPANY BRIEFS
      • 78 4 BANGKOK Unicord, one of the world's largest tuna suppliers, said net earnings for the three months ended Sep 30 were 67.1 million baht (554.3 million), a decline of 36.4 per cent from the same period last year. Analysts said Unicord's earnings were hurt
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      • 76 4 SEOUL Orion Electric Co, a subsidiary of South Korea's Daewoo Business Group, will tie up with Vietnam's Hanoi Electronic Co to jointly produce television tubes, the company announced on Friday. Orion Electric Co and Hanoi Electric Co will invest a total of US$l7O million (*****
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      • 49 4 TOKYO Japan's Ajinomoto Co said on Friday its pre-tax profit fell 2.9 per cent from a year earlier to 14.05 billion yen (SslB4 million) in the six months to September. Sales increased 2 per cent to 303.4 billion yen, the country's largest integrated food processor said.
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      • 92 4 BANGKOK Oriental Hotel (Thailand) said net earnings for the three months ended Sep 30 were 10.5 million baht, a decline of 70.9 per cent from the same period last year. On a per share basis, earnings were 0.33 baht, also a 70.9 per cent decline.
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      • 37 4 SEOUL Samsung Electronics Co Ltd, electronics division of South Korea's Samsung Group, said it issued US$2OO million of Yankee bonds in the United States on Thursday to finance expansion of its semiconductor business.
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    • 352 4 Kawasaki and Sumitomo turn in sharply lower interim earnings AFP TOKYO Two of Japan's biggest shipbuilders and defence contractors have announced sharply lower firsthalf pre-tax earnings, blaming sluggish general machinery sales and a prolonged economic slowdown. The profits announced last Friday were lower
      AFP  -  352 words
    • 272 4 Bloomberg HONGKONG Hand-held electronic games manufacturer Watary International Holdings intends to raise HKSI2S million (5526.1 million) through an initial public offer of 100 million shares at HKSI.2S, sources close to the company said. The issue consists of 90 million new shares and 10 million
      Bloomberg  -  272 words
    • 550 4 HONGKONG Japanese entrepreneur Paul Sun has agreed to sell the 500-room Ramada Renaissance for more than HK51.3 billion (***** million) in the first hotel secondary market deal in three years, reported the South China Morning Post. The buyer, Abundance Assets, is linked
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    • 302 4 AFP AUCKLAND The conspiracy and fraud trial against the principals of onetime glamour stock Equiticorp took an unexpected twist on Friday and now appears headed for an early finish. The trial, the longest and most complex in New Zealand legal history, began on
      AFP  -  302 words
    • COMPANY BRIEFS
      • 105 6 LOS ANGELES LA Gear Inc said last Friday that it has reached an agreement to settle all the customs claims against the company as a result of footwear imported from Taiwan in 1986 and 1987 through an independent agent. Under an agreement with
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      • 77 6 SAN FRANCISCO Apple Computers CEO John Sculley said last Friday that Apple will start shipping a Windows version of QuickTime, its multimedia software. this month. He made the announcement at the Macromedia international user conference, during a demonstration of QuickTime and other Apple products. "QuickTime
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      • 78 6 LONDON Analysts trimmed profit forecasts last Friday after a meeting with Rank Organisation pic inspired caution oyer the outlook for the film, photocopying and leisure empire. The company gave an update of trading to the end of September, before results for the year to October
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      • 61 6 WASHINGTON A key shareholders group has targeted Westinghouse Electric Corp for proxy proposals to make the company's directors more accountable to shareholders. The United Shareholders Association said last Friday that the nteasures, scheduled to be voted on at the company's annual meeting in April, included requiring an
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    • 548 6 But analysts say legal battle far from over Reuter SAN FRANCISCO Advanced Micro Devices Inc won an important victory in its fight to sell clones of Intel Corp's lucrative computer chips, but analysts and officials said on Friday that the long-running
      Reuter  -  548 words
    • 414 6 Taco Bell opens in of all places Mexico Reuter MEXICO CITY In what may be its toughest taste test to date, Taco Bell welcomed customers to its first taco stand in Mexico City last Friday and plans to open two others this week. "We've... been told it's kind of like
      Reuter  -  414 words
    • 450 6 Reuter SAO PAULO Brazil became the latest battleground in the international computer war when the country's eight year-old laws restricting the import of information technology formally expired last Thursday. Over the last two years, computer industry giants have been looking for local
      Reuter  -  450 words
    • 321 6 Reuter NEW YORK R H Macy Co Inc has posted an operating loss of US$263 million (***** million) plus a onetime charge of US$9BB million from Chapter 11 proceedings for a net loss of US$l.25 billion for its fiscal year ending Aug 1.
      Reuter  -  321 words
    • 314 6 AFP NEW YORK Tobacco and food giant Philip Morris has used millions of dollars of charitable donations to gain influence with members of Congress, according to watchdog groups. Eric Solberg of the Texasbased Doctors Ought to Care said last week his group received copies
      AFP  -  314 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 202 5 i Ir. v it 09 -ill ii« •f as silk is Thai's move t to The Globe. It >, loday Thai International cclcbratcs its move to premises, The Globe, a spanking new office block at 100 Cecil Street And we're literally spanning The Globe. Ticketing is on Level One, Administration's
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  • Page 6 Advertisements
    • 127 6 Now you can visit London just the way you have always wanted it Ken-Air UDNDON For as little as $2248* here's what Ken-Air offers you: Single return economy class airticket to London on Singapore Airlines I PLUS THE MOST FLEXIBLE, VALUE-FOR-MONEY INCLUSIONS WORTH £250 Select entirely on your own from
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    • 103 6 BUSINESS TIMES Toll free Tel No 737 0Q43 Fax No; 734 3698 SIMBL 71 qiSfeS Schroder International Merchant Bankers Limited With effect from November 2,1992 our office premises will be relocated at the following address: 65 Chulia Street #36-01 OCBC Centre, Singapore 0104 Our main telephone and facsimile numbers will
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 89 8 MELBOURNE The Australia and New Zealand Banking Group Ltd (ANZ) will sell its African operations to the South African-based Standard Bank Investment Corporation, ANZ chief executive officer Don Mercer said. ANZ had reached an agreement with the South African bank to sell its
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      • 62 8 ROME A committee of Italian ministers, under pressure to stop naming their political cronies to top state posts, said they had appointed more than 40 senior bank officials based on purely professional grounds. "The new bank nominations were based on objective criteria and a high degree
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      • 79 8 BOMBAY The Reserve Bank of India (RBI) will allow a phased revival of the inter-bank repo market that came to a virtual standstill after a US$l.2 billion (551.92 billion) securities scandal was exposed in April, the RBI governor said. S Venkitaramanan, head of India's central
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      • 68 8 KUALA LUMPUR Sarawak-based Bank Utama Group of companies expects to double its group pre-tax profit for the current year ending Dec 31, 1992, from US$7.4 million it recorded last year. Chairman Effendi Norwawi said that growing customer support and confidence are shown by group asset
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      • 92 8 DHAKA Bangladesh has asked state-owned commercial banks and financial institutions to reschedule loans to companies facing closure. An official statement said the banks should take necessary measures to reschedule loans and rehabilitate those industrial units facing closure due to lack of funds. Finance Ministry
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      • 93 8 LONDON Barclays pic's chairman John Quinton said he did not see the need for an immediate cut in British interest rates, a remark which cheered some analysts who had been concerned over a possible cut in the bank's dividend. "Having come down to 8 per
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    • 393 8  -  Local banks prefer own branches in HK. and China By Quak Hing Whai SINGAPORE Singapore banks, confident about their own Hongkong and China connections, are unlikely to buy over Overseas Trust Bank from the Hongkong government despite an invitation to do so
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    • 324 8 AFP WASHINGTON Federal regulators late Friday announced what they said was the eighth largest bank failure in US history, seizing control of First City Bancorporation of Texas. Seizure of the huge chain of Texas banks was announced at a news conference
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    • 156 8  -  By Shoeb Kagda SINGAPORE Building on its already close links with the People's Association Youth Movement (PAYM), Malayan Banking Bhd yesterday launched an Affinity ATM Card scheme with the organisation. The link-up will provide the 100,000 PAYM members access to Maybank's 400 ATM
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    • 491 8 Reuter LONDON World securities regulators failed last week to achieve their main goal of agreement on capital requirements, but mustered accords on a wide range of subjects from money laundering to supervising large conglomerates. European regulators said last Friday that a
      Reuter  -  491 words
    • 301 8 Sale of subsidiary contributes to gain Reuter HARTFORD, Connecticut Aetna Life Casualty, the largest stockholder-owned US insurance company, said its profits more than doubled in the third quarter. The gain, to U*****.7 million (SS3B2 million) from U*****.3 million a year earlier, was primarily due
      Reuter  -  301 words
  • Page 8 Advertisements
    • 160 8 THE MONETARY AUTHORITY OF SINGAPORE OFFERINO OF TAXABLE BOOK-ENTRY AMOUNT OFFERED SGD6OOMIO 8 ISSUE CODE N*****1F v< f"' ISSUE DATE 19 NOVEMBER 1992 MATURITY DATE 15 NOVEMBER 1997 f. INTEREST RATE TO BE DETERMINED BASED ON THE AVERAGE YIELD OF SUCCESSFUL APPLICATIONS 11 PRICE TO BE DETERMINED AT THE AUCTION
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    • 145 8 Investment Exhibition^^^l Observation Rise LUXURY APARTMENTS Scarborough Ocean-front Perth, Western Australia 155 luxurious and spacious residential EXHIBITION TIMES apartments on the seafront. 20 minutes Singapore: Marina Mandarin Hotel from Perth Central. Ist class facilities 6 Raffles Boulevard. Marina Square include private tropical lagoon and sandy Mon 2nd Tues 3r(J November
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    • 16 8 The ISSSWSB Bf offers Bp the most If current ■F list of J° b If opportunities
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  • THE REGION
    • 544 9 Reuter MANILA Europe and South-cast Asia have publicly smoothed over sharp differences on human rights but some European ministers left Manila at the weekend unhappy at their failure to wring promises from Asia on individual rights. "No one will tell you officially but
      Reuter  -  544 words
    • 420 9  -  From Maggie Ford in JAKARTA THE US Federal Aviation Administration is to help Indonesia set up a body which will monitor safety and airworthiness of aircraft along with investigating any air accidents, the Minister for Research and Technology, BJ
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    • 246 9 AFP BOSTON Immigration and civil liberties lawyers are Outraged over the treatment of $4 Malaysian tourists who have been jailed since US authorities charged the group leader with trying to smuggle two of them into the country. All 24 members of the group, including
      AFP  -  246 words
    • NOTE BOOK
      • 81 9 JAKARTA Indonesia will try to restrict its population to 210 million people by the year 2000, the Antara news agency said yesterday. It quoted the head of the National Family Planning Agency, Haryono Suyono, as telling MPs in Bandung at the weekend that
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      • 64 9 SYDNEY The designer of the Sydney Opera House, Danish architect Join Utzon, says the building's unique white shells were inspired by a peeled orange. In an interview published in the Sydney Morning Herald on Saturday, Mr Utzon. 74, dismissed a widely held assumption that his idea
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      • 72 9 BANGKOK Only about half of some 516 Myanmar students who were supposed to register for settlement in a refugee camp met a Thai government deadline last Saturday, an Interior Ministry official said. The students, refugees from military repression at home, were to report to a ministry
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      • 71 9 JAKARTA Indonesia's unhusked rice production increased 8.47 per cent in the first eight months of 1992 compared with the same period last year, the Antara news agency said yesterday. Figures released by the Central Bureau of Statistics (BPS) which showed that unhusked rice production between January
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      • 70 9 Q DONNEL, Philippines France's visiting Deputy Foreign Minister, Georges Kiejman, said on Saturday that a joint Franco-Filipino project here could be a model for aiding those left homeless by the eruption of Mount Pinatubo. Here, on a 350-hectare site, roads are under construction, houses are
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    • 417 9 AFP PHNOM PENH Prince Norodom Sihanouk, who turned 70 on Saturday, remains the indispensable man in Cambodian politics and shows few signs of slowing from age or illness, diplomats say. In the two weeks since returning from treatment of a salivary gland inflammation
      AFP  -  417 words
  • Page 9 Advertisements
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  • THE WORLD 1
    • WORLD WATCH
      • 113 10 LONDON John Major has become Britain's most unpopular prime minister since opinion polling began in the *****, according to a survey for The Sunday Times here. The Mori poll showed that only 21 per cent of those questioned were satisfied with Mr
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      • 74 10 ROME Earnings from crime in Italy total some 30 trillion lire (5537.2 billion) annually, making it the country's fifth biggest business, a study has estimated. The National Statistics Institute also said in a study based on 1990 that some 170,000 people made their living out
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      • 93 10 LOS ANGELES A 25-year-old Brazilian college student in New York was named "Stud of the Year" after he won a virility contest on Friday based on sperm count. Francisco Ferreira, an international business major at Pace College, had a sperm count of 275 million
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      • 78 10 OTTAWA The Canadian government has signed an agreement that grants Eskimos political control over a vast area of the Arctic equal to a fifth of the country's territory. Friday's accord creates a new territory called Nunavut meaning "our land" in the native Inuktitut language that covers
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      • 64 10 BEIRUT Prime Minister-designate Rafik Hariri, a Saudibacked billionaire, has formed a new Lebanese Cabinet dominated by pro-Syrian politicians and warlords. An official announcement on Saturday said President Elias Hrawi, a Maronite Catholic, had approved the make-up of the 30-per-son government at a meeting attended by Mr
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    • 412 10 Reuter BEIJING China's newlyrich investors have shunned government bond issues this year, threatening a key element of the country's financial reform programme, a senior official said. Lured by the prospect of quick profits in stocks and the booming property market, investors have
      Reuter  -  412 words
    • 348 10 UPI HONGKONG The "old" Guangzhou trade fair closed its 72nd session last Friday on a lacklustre note, but the "new" version next year promises to pull China's biggest export outlet into line with recent dramatic economic reforms. The value of export
      UPI  -  348 words
    • 329 10 Reuter HONGKONG An unprecedented poll shows that people over the border in China approve the performance of Hongkong Governor Chris Patten, whose scheme to widen democracy in the colony has infuriated the Chinese communist government. Sixty-one per cent of the Chinese polled
      Reuter  -  329 words
    • 473 10 AFP SEOUL South Korea is concerned about its declining national savings rate which is compelling the country to borrow money from abroad to invest in economic growth. According to the central Bank of Korea (BOK), the national savings rate in 1989 was 35.3
      AFP  -  473 words
    • 225 10 Reuter TOKYO Prime Minister Kiichi Miyazawa yesterday urged Japanese troops to become model United Nations peace-keepers and vowed that they would never again fight in foreign wars. "I expect you to carry out your mission as international peace-keepers with perfection with a
      Reuter  -  225 words
    • 289 10 AP NIZHNY NOVGOROD, Russia "This is Russia! This is the business world of Nizhny!" the auctioneer shouted as dozens of hands holding numbered tickets shot up into the air. The first of last Saturday's lots, a five-year-old bread truck, was gone in two minutes,
      AP  -  289 words
    • 425 11 Currency seen partially recovering from 14pc effective devaluation Reuter ROME The Italian government's moves to rein in its Tiuge budget deficit have helped set the scene for a return of the lira to the European currency grid, says Bank of Italy governor
      Reuter  -  425 words
    • 251 11 Reuter BONN German Finance Minister Theo Waigel has said social assistance for foreign asylum-seekers will be slashed to help bridge the federal budget deficit. He told the Bild am Sonntag newspaper that cutting payments to refugees seeking asylum in Germany by a
      Reuter  -  251 words
    • 272 11 Reuter CAPE TOWN The African National Congress is set to resume talks with the South African government about a transition from white rule to democracy, but Zulu leader Mangosuthu Buthelezi could delay the transition. ANC leader Nelson Mandela said in Spain last
      Reuter  -  272 words
  • Page 10 Advertisements
    • 337 10 M Senior Manager Jorge Veiga Franca will be in Singapore on m November 3 to host a seminar supported by the Singapore m Manufacturers Association. For details please contact V t Geoffrey Kirkby or Debby Yu of the Far East Office in IWJw A fj Lj J D >4 Hong
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  • Page 11 Advertisements
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  • ANALYSIS
    • 3506 13 Senior Minister Lee Kuan Yew, in South Africa at the invitation of its Foreign Minister R W Pik Botha, delivered the keynote address at the Financial Mail Investment Conference in Johannesburg on Oct 29. We reproduce below the full text of Mr Lee's speech. WHEN I
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  • ENTERPRISE & MANAGEMENT
    • 1193 14  -  A recent survey shows that 90pc of 1991 graduates have found employment, and over half of them had more than one offer. Chuang Peck Ming reports Chuang Peck Ming S PEAKING of odd jobs, a woman who graduated from a local university last year
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    • 321 14 W JAMES MCNERNEY has been appointed president of General Electric South Asia and a senior vice-presi-dent of GE. Mr McNerney will lead GE's activities in China, Hongkong, Taiwan, Singapore, Indonesia, Malaysia, Thailand, the Philippines and India. He will be based in Hongkong. Mr McNerney holds a Bachelor of
      321 words
    • 171 14 A MANAGEMENT course in Taiwan gave Oculus boss Cheong Kee Chong a new outlook on how to run a business because the lecturers were self-made men. And the lessons were in Mandarin. Successful Chinese-speak-ing entrepreneurs from various industries boatbuilding, computers, lightbulb manufacturing gave
      171 words
    • 1172 14  -  When Cheong Kee Chong came to Singapore in 1960, he had only $16 and four years formal education. But that has not prevented him from becoming the Republic's biggest supplier of soft optical lenses. Joseph Rajendran reports SINGAPORE'S CNiTIKckKcN fc.UKo; Joseph Rajendran CHEONG Kee
      Picture by Arthur Lee  -  1,172 words
  • Page 14 Advertisements
    • 17 14 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, cafltoWree 737-0043 ißutaeanjMMj
      17 words
    • 49 14 The Durffee personality is fully aware of the g multifarious dimensions of life, and appreciate j wk that it is exactly these experiences of laughter 1)11 9 and tears that bring meaning to life. BBSQP'TX 1 d URFFEE understands the meaning of time. yyr SWISS ***** Mwnttontyyr y Tin*
      49 words

  • SPORTS
    • 660 15  -  Nirmal Ghosh reports on a close Aussie finish at the Pioneer Singapore PGA event Nirmal Ghosh SINGAPORE Overnight leader Australian Ken Trimble, like so many hundreds of golfers before him, had the Pioneer Singapore PGA. title sewn up, only to see it
      660 words
    • 157 15 UPI LONDON England's Lennox Lewis sensationally knocked Canada's Donovan Razor Ruddock out after 46 seconds of Round Two in tjieir world title eliminator fight at London's Earls Court last Saturday. The No 1 contender for the WBC heavyweight title never stood a chance
      UPI  -  157 words
  • Page 15 Advertisements
    • 411 15 So You Want A Yes, we are talking about a golf a-t PAM.VA/PCT club, the difficult driver. With its w k ~l a. -j 10y degrees loft, to the metal h ave PeAaps, the w,dest heads, from the Boron shaft, to ch > dr T*' and f Tl Ihe 45-inch
      411 words

  • Page 16 Advertisements
    • 895 16 Wm Noli ling Beats A Bud. ImPfll where to wine, dine OF ORGANISE YOUR OWN KARAOKE/ It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist
      895 words
    • 338 16 fl BLlbp of fix* 15|M8Mpglk Our French Buffet is certainly a feast J not only for the eyes. The Escargot EgtW Au Champignons, Coq Au Vin, Gateau St. Honore and other favourt tew'"s w sat s fy even the most C SCeiT taStCS r i/\\ 1 \Yt ill O Vv\/v
      338 words
  • Page 16 Miscellaneous
    • 745 16 TELEVISION AND RADIO Snlpnrlmir in flip conrl ***** iMMuS'Suite is business on radio kjpitiiuuui 111 uiw aaiiu '■"rstir' by «.2su. s sasssr 8.00 Singapore Short Films Soul 7.50 Evening Shade Wood plans a 6.30 Islam and the New World Or- i!**! ,1.30pm, 5.05pm. 1.03 am. Cage (Sec Our ('hour) camping
      745 words

  • THE ARTS
    • 1236 17  -  Roberta Smith gives a crammer's guide to appreciating a 400-work Matisse retrospective Roberta Smith NYT THE large, immensely popular Matisse retrospective at the Museum of Modern Art in New York is drawing near-capacity crowds. In the process, it is creating one of those classic New York
      NYT  -  1,236 words
    • 441 17  -  Alan Cowell on the Holy See's historic decision Alan Cowell NYT MORE than 350 years after the Roman Catholic Church condemned Galileo for teaching that the Earth moved around the Sun, Pope John Paul II is poised to rectify one of the Inquisition's most infamous
      NYT  -  441 words
  • Page 17 Advertisements
    • 254 17 AND ENTERTAIN Best From The West Lunch or Dine on a selection of Western favourites featuring soups, salads, I a carvery, cold appetisers and hot entrees. Every Monday Buffet Lunch from 12 pm at $19.50++ Buffet Dtrmer from 6.30 pm at $21.00++ J ANA HOTEL For reservations, please call SINGAPORE
      254 words
    • 163 17 Wander Garden (TMAI StAFObD) REStAURANT V%p, *02-200. Pandan Gardens Swimming Pool, ((Tor^: Pandan Gardens Batata, Singapore 2260. Tel: *****07. V*\ y—~: OPENED ON 6 OCT 1992 EXQUISITE THAI CUISINE IS IN TOWN (MBA Sensational Feeling You Wouldn't Want To Miss! Experience an unforgettable culinary adventure with 'jTftWjkS Wander Garden Thai
      163 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4567 18  -  By Quak Hiang Whai MALAYSIAN counters which ran up strongly on both sides of the Causeway last week are expected to continue to do so this week, brokers say. They expect the favourable Malaysian Budget released last Friday to have a favourable impact on
      4,567 words
  • Page 18 Advertisements
    • 61 18 Why Wait for Loan Approval? If you have recurring credit CREDIT PLUS With Credit Plus credit you needs, and find loan applica- have access to a ready line of tions and waiting for approval credit anytime you need it frustrating, ask for Credit Plus. It's so easy and convenient 228
      61 words

  • 3477 19 SI A Foreign 1500 +110 7.9% (X'BC Foreign I (WO 90 +9.0% UOB Foreign 725 +70 +10.7% Semb Ship\ard 745 +65 +9.6% SPH Foreign 1.180 160 14.5% Jurong Ship 50 1 690 +-45 +7.0% Inchcape 630 +35 +5.9% DBS Foreign 1180 30 +2.6% Prima 580
    3,477 words
  • Page 19 Advertisements
    • 173 19 ■Myff l W/r YOUR VERY OWN HASSLE-FREE If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of onlg $250 per month, you and your company can °f Singapore Clob International arc important to you and your business, then SPH subscribe to this
      173 words

  • 3439 20 Dunlop Est CULS 394 +46 +13.2% Gentings 50« 895 +45 +5.3% H Leong Ind 5C 630 40 6.8% Leader U 800 40 5.3% M Banking 655 +35 +5.6% Magnum Corp 50* 650 +35 +5.7% Shell 448 +30 +7.2% Sungei Way 316 +29 +10.1% Golden Plus
    3,439 words
  • Page 20 Advertisements
    • 735 20 B^S_^NESSTIMES Toll free Tol No 737 0043 Fax No: 734 3608 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I.GohChingHang of Blk 37, Dover Road, #10-283, Singapore 0513, have applied for a 2nd Class Public House licence in respect of premises at M/s Sari Mas Restaurant at 10 Anson Road,
      735 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5711 21 Bernama CONFIDENCE in a favourable Budget boosted buying sentiment as share prices here surged last week to a new record high close last Friday. The K.LSE Composite Index added 11.24 points over the week to close at 641.31 on Friday, a new record
      Bernama  -  5,711 words

  • BT SHARE INFORMATION SERVICE
    • 216 22 Company Date Year Croup Net Net earnings Gross ann to profit/loss per share dividend (•000) (cents) Cold Storage Oct 29 Jun 92 $19.948($16.894) 16(13 6) 15N(13N) Eu Yan Sang Oct 27 Jun 92 $844(5459) 94W(5 1W) 1(1) FAI Ins Oct 27 )un 92 J49.381L($143.9051) -(40) Sea View Oct
      216 words
    • 90 22 Company Date Year Group Net eamin S s Gross ann to profit/loss P«f share dividend fOOO) SBS Oct 27 Jun 92 J3.536(J2.572) 138(10 1) 10(7) RMCA Re Oct 16 Jun 92 J82,267L(J56.216U -<-> Tongkah Oct 12 Jun 92 MJ4.870UMJ2.479l) -<-> -(-> Amal Steel Sep 30 Jun 92 MJ87.487(MJ78.054)
      90 words
    • 211 22 Company Date Half-year GroupNet Interim ann to profit/loss dividend (•000) Asia Pac Land Oct 29 Jul 92 M$8.321(M$5.367) 2(2) S> Oct 29 lun 92 M$37.500(M$72.200) 20(20) He„ a Oct 29 Jul 92 MJ1.136(MS83L) LKH Oct 27 Jul 92 $2.519($3.105) Metrople* Oct 27 Jul 92 M$12.220(M$9.073) Nikko Sec Oct
      211 words
    • 777 22 Current Ex Books Data Total for Total for payment date dose payaMo the year last year Bedford 50c 1% Nov 2 No* 16 Dec 7 2% BMT $10 100% Nov 12 Nov 24 Nov 26 140 9% 150% Bousteadco 1%<I) Oct 6 Oct 16 Nov 2 1* 3%
      777 words
    • 205 22 Mm Board last Fri Year Forecast Date Net Net PrvCt EPS and Tw EPS Gross profit Range Rage CPenod last yr ending (ds) *r 000) (SJa) (ds) SHI F Nov 8 Aug 92 62.6 25.0 153.810 166 5—177 4 678—72 8 Mane Pdo F Nov 18 Dec 92
      205 words
    • 677 22 Main Board Commit Ptnod Date Tear EPS Gross Net mmmai emfeg (ets) preCt last jear (SJ'M*) EMS Final Nov 6 Jul 91 30TE 17,8781 KiHs Interim Sep 10 Dec 92 5.3 5.0 4.436 Chen M Interim Nov 4 Mar 93 40 8 15.0 9,848 CP Batteries Interim
      677 words
    • 937 22 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Oate Holder Shareholder/Director Sell shares Before After GRP 28/10/92 Sm Yeow Tang S 8.000 3.520 813.000 0 00 805.000 0 00 S Steamship 27/10/92 Street Names Temasek Holdmgs B 33.000 64,372 177,655,333 55 17 177.688.333 55 18 FELS
      937 words
    • 589 22 Oct 28 Haw Par Brothers International Ltd's wholly-owned subsidiary USE Enterprises Pte Ltd, has reached an agreement with Hainan Huitong International Trust and Investment Co Ltd to sell off its entire stake in United Hainan Enterprises (UHE) Pte Ltd. Oct 27 Cold Storage Holdings will spend most or
      589 words
    • 373 22 Company Rights Issue MAS One tor one 4,. MS5 00 per share b-date Sep 7 Books dose Sep 21 Acceptance Payment Nov 2 0C8C One tor five {300 per local share Onetorhve <« $419 per loragn share Ei-date. Oct 8 Books dose Oct 20 Acceptance Payment Nov 27
      373 words
    • 508 22 Company Rights Issue Atone e Tech One tor-one (u >1 00 per shaft Anuj steel One tor three (rt MJ2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares ol 10 sen each 1992/97 (CRPS) «wth up to *****m Transferable Subscription Rights (TSR) for an aggregate
      508 words
    • 232 22 Swens Asia-Pacific Ltd: 13th AGM at The Conference Room of Swensen's Restaurant, Singapore Changi Airport. Passenger Terminal 1, 3rd Floor, Viewing Gallery West. Singapore 1781, on Tuesday, November 3, at 11.00 am Consofedated Plantations Bhd: 13th AGM at The Ballroom. Mezzanine Floor. Hotel' Equatorial. Jalan Sultan Ismail, *****
      232 words
    • 216 22 Conversion Special Trdg Scriptess Conversion deadline Period Trading Company starts (I DP) (ST) starts Bonvests Nov 9 Dcc 3 Nov 23 Dec 3 Dec 4 Cerebos Oct 16 Nov 12 Nov 2 Nov 12 Nov 13 1 Chemical Ind Nov 9 Dec 3 Nov 23 Dec 3 Dec
      216 words
    • 152 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 htfi 1316.68 (21/2/92) 1992 h«h: 1545.92 (27/1/92) 1992 tow: 1122.50 (18/8/92) 1992 tow: 1310.95 (18/8/92) 1991 h«h: 1333.08 3/6/91) 1991 h«h: 1565 58. (3/6/91) 1991 tow 1022.52 (16/1/91) 1991 tow; 1149 08 (16/1/91) 1990 hifh: 1435.43 (16/7/90) 1990 lifh: 1607.12
      152 words
    • 363 22 In local curr In SS In US$ dy )T d> >T dy >T Oct 29 Index chge chge chge chge chge chge World 380.0 -0.2 -6.9 -0.5 -9.1 -0.2 -9.0 1EAFE 442.1 -0.5 -11.9 -0.9 -15.0 -0.9 -14.9 Europe 406.2 -0.7 -1.2 -I.I -9.3 -1.2
      363 words

  • MARKET REVIEWS
    • 670 23 FT THE AIR in Wall Street was thick with political rumours last week as stock market traders indulged in a bit of early Halloween "trick or treating". They included rumours that President George Bush had overtaken Governor Bill Clinton in the polls
      FT  -  670 words
    • 244 23 AFP *'%Jro|fojgg SHARE PRICES lost ground in thin trading on the Tokyo Stock Exchange last week amid unclear prospects for economic recovery and investor concern about the political situation in Japan. The Nikkei Stock Average closed at 16,767.40 last Friday, down 350.25
      AFP  -  244 words
    • 243 23 AFP HONGKONG HONGKONG'S Hang Seng Index was down 71.85 points, or 1.14 per cent, over the week to close last Friday at 6,190.69 in the wake of a dispute between China and Britain over democratic reform in Hongkong. Average daily turnover was
      AFP  -  243 words
    • 545 23 Bangkok" I*HE Stock Exchange of Thailand index ended the past week up 37.59 points or 42 per cent at 940.35 points, i Average daily turnover wfas 237.09 million shares worth 13.6 billion baht, up sharply from previous week's 1,98.8 million shares worth 9iB billion baht. Banks led
      545 words
    • 878 23  -  All eyes on prospects for interest rate cuts LONDON; j By Ray Heath NO-ONE ever said that being a member of the UK Parliament was a cushy number. There are the interminable debates, the all-night sittings, the pressure from the whips, and, away from the
      878 words
  • Page 23 Advertisements
    • 95 23 'V/ It could be a controversial deal between two stock I 1/ market stars, a thought-provoking report by L*nl university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
      95 words

  • WORLD STOCK MARKETS
    • Dow slips as investors reduce positions
      • 459 24 Oct 30 ("lose t'mious NEW YORK IX)* Jones 3.226.28 3.246 27 -1999 S&P500 418 68 420 86 -2 18 Turnover (million) 201.93 206.55 -4.62 LONDON l-TSt 100 2.658.3 2.642.3 +16.0 t urnover (million) 552.6 567.1 -14.5 FRANKFURT DAX Index 1.492.32 1.493.64 -1.32 AMSTERDAM EOt Index 273.36 274.98 -1.62 PARIS CAC-40
        459 words
      • Article, Illustration
        1318 24 STOCKS closed lower in quiet trading last Friday as investors played it safe by reducing their positions before the weekend and the presidential election. The Dow Jones Industrial Average, which slipped 5.13 points on Thursday, lost another 19.99 points to 3,226.28. Among the broad gauges, the New York
        1,318 words
      • Article, Illustration
        776 24 LONDON shares made moderate progress on Friday, supported by speculation about an interest rate cut in the near future and the prospect of a clarification soon of the British political situation. The market was also helped by Thursday's gains on Wall Street and rumours of an impending market battle
        776 words
      • 402 24 GERMAN SHARES recovered from early weakness on pre-weekend shortcovering on Friday, but most market operators said they expected further price slides this week. Dealers said Friday's trade had been quiet, with few new factors emerging to steer business. The 30-share DAX Index ended 1.32 points lower at 1,492.32, off
        402 words
      • 151 24 FRENCH share prices ended modestly higher last Friday after bouncing around all session under the impact of expiring stock index futures and options, dealers said. The CAC-40 Index ended 11.53 points, or 0.67 per cent, higher at 1,742.40 after trading in a wide 30point range. Volume, bloated by arbitrage.
        151 words
      • 488 24 DUTCH SHARES ended a depressed trading session lower on Friday as fears of more bearish news in this week's third-quarter earnings reports increased, traders said. "There were slaughterings at Philips. DAF and Hoogovens," said one trader. The three stocks hit all-time lows during the session as players dumped their
        488 words
      • 196 24 ITALIAN SHARES posted gains of 2.71 per cent in very strong trading volume of around 300 billion lire as massive short covering boosted key stocks. Brokers said shares in some state controlled companies continued to lie at the centre of speculation about the government plans for its gigantic state
        196 words
      • 263 24 SWISS shares closed a touch firmer on Friday in moderately active trade after a rise on Wall Street and some short covering ahead of the weekend gave the market a moderate late lift, dealers said. The broad SPI Index added 3.7 points to close at the day's high of
        263 words
      • 100 24 SHARES fell on news that credit insurer Svenska Kredit had declared bankruptcy and trade was moderate ahead of a long weekend here last Friday. The market stayed open only for a half day of trade due to a national holiday. The All-Share Index slipped 0.64 per cent to 706.7
        100 words
      • 286 24 TORONTO stocks ended a week of sharp gains mostly flat from Thursday as investors bided their time ahead of the US presidential elections and to let the market consolidate, dealers said. "It's really quite a nothing day," said Ivar Leipens, analyst at Moss Lawson Co. The TSE-300 Index was
        286 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 486 25 NEW YORK Reuter THE US DOLLAR finished firmer in the US on Friday after a choppy trading day dominated by talk of the upcoming presidential election. The day's 1.5335- to 1.5445-mark trading range was established by midmorning. and the dollar fluctuated in a narrow band
      Reuter  -  486 words
    • 744 25 ASIAN CURRENCIES AFP HONGKONG Most major AsiaPacific region currencies lost ground against the dollar over the trading week, ahead of tomorrow's US presidential election. The Australian dollar was off especially shaiply, losing 3 per cent of its value against the American currency. The New Zealand
      AFP  -  744 words
    • 569 25 Reuter LONDON Sterling is expected to keep sliding in the next few months, reaching new lows against the mark. But this time the fall should be gradual, chartists say. "It was going down vertically before. Now it will be a typical trend,
      Reuter  -  569 words
    • 354 25 Ending of Bund issues for 1992 unlikely to affect trade Reuter FRANKFURT Surprise news that Bonn will not issue any more 10-year federal bonds (Bundesanleihen) for the rest of 1992 will not have a dramatic impact on German debt trade when it resumes
      Reuter  -  354 words
    • 323 25 liBll Year Coupon Amount indicative mlijJa rrif INOPvpnOM Ores* redemption fjSM nlm ret® (%pa) accrued Interest {axdudtag accrued ytetd <%pe) mmm Interact) 15.11.92 N*****2X 1987 5 15/5 15/11 169 100.15# 129# 1.3.93 N*****0S 1988 5 530.00 1/3 1/9 101.00# 1.97# 1.7.93
      323 words
    • 488 25 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6'/i Allied Irish Bank PLC 6'/j American Express Bank 6'/i Arab Banking Corp 6'/« Arab Bank PLC 6 Asahi Bank Ltd 6V« BFCE 6% Ban Hin Lee Berhad 6'/« Banca Commercialc 6'/i Banco do Brasil 7 Bangkok Bank
      488 words
    • 141 25 COMEX Oct 30 GOU) FUTURES (100 oz) USS/oz Open High Low Settle Change Nov 339.40 -0.10 Dec 339.70 340.40 339.40 340.10 -0.10 Jan 93 340.80 -0.10 Feb 341.00 341.70 340.80 341.50 -0.10 Apr 342.50 343.10 342.50 342.80 -0.10 Jun 344.00 344.30 343.80 344.30 -0.10 Aug 346.00 -0.10 Oct
      141 words
    • 389 25 Cross rates Oct 30 USS ss MS Dm Yen SFr AS NZS uss 1.6180 2.5080 1.5350 123.30 0.6378 1.3700 1.4430 1.8975 SS 0.6180 1.5501 0.9487 76.2052 0.3942 0.8467 0.8918 1.1728 MS n 0.6120 49.1627 E .2543 0.5463 Dm 0.6515 1.0541 1.6339 0.4155 0.8925 0.9401 1.2362 Yen 0.0081
      389 words
    • 594 25 Interbank rates SS Bid Offer Overnight 11/2 1 5/8 1-month 1 3/4 1 7/8 2-month 1 13/16 1 15/16 3-month 1 15/16 2 1/16 Overnight mode: 1-5/8 USS High Low 7 days 3 5/16 3 3/16 1 month 3 5/16 3 3/16 2 months 3 9/16 3 1/4
      594 words
  • Page 25 Advertisements

  • COMMODITIES
  • 1463 26 Rubber HAS Commodity Exchange {futures closing as at lpwi) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 143.50 143.50 143.25 50 300 Dec 143.00 143.00 143.00 50 3.250 Jan 93 0.00 0.00 143.00 0 4,300 Feb 143.00 143.00 143.00 200 4.900
    1,463 words
  • Page 26 Advertisements
    • 626 26 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 NOTICE NOTICE IS HEREBY GIVEN that, I Tan Ah Lian of Blk 2 Marine Tenace #23-296 Singapore 1544 have applied for a Second Gass Beer House Licence in respect of premises at M/s Danial Place at No 6
      626 words

  • 1212 27 City Flight ETA Right ETD Abu Mutt GA982 2135 AiotaMa 2040 toitmtm KL838 0040 KL837 1515 SQ324 2345 Auckland NZ25 1530 NZ28 1655 SQ288 2045 Bandar Sari BI421 1105 B1422 0930 Boganaa SQ181 1425 B1422 1205 BJ429 2030 BI430 2125 Bangkok TG402 0830 TG403 1155 SQ62
    1,212 words
  • THE TRAVEL PAGE
    • 629 27  -  POSTCARD FROM VIETNAM By Jana McBurney-Lin U¥T 7 ILL you m M accept WW Visa? T T Mastercharge?" my friend asked the saleswoman when she realised, much to her dismay, that the pile of local currency she had handed over was not enough to purchase
      629 words
    • 152 27 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1180 1.1280 Canadian dollar 1.2900 1.3000 NZ dollar 0.8600 0.8900 Sterling pound 2.5130 2.5330 US dollar 1.6130 1.6230 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • 79 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Nov 26- Dakar Dakar. Centre Interna- 221/*****2 Dec 26- Valencia Valencia. Feria Muestrano *****6.11.00 Dec 7 International Senegal tion Du (fa*) Jan 3, International Spain Intemacional Fair Commerce Du 1993 Trade Fair De Valencia Senegal Dec 7
      79 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. fWe Know Europe from Mart to Fiimith
      45 words
    • 26 27 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
      26 words
    • 269 27 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF BIAN HENG CHEMICALS (PTE) LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the members
      269 words
    • 308 27 IN THE MATTER OF THE COMPANIES ACT, CAP. 60 AND IN THE MATTER OF SPRING AGRICULTURE PTE. LTD.. (Incorporated In Singapore) (In Voluntary Liquidation) At an Extraordinary General Meeting of Spring Agriculture Pte. Ltd. duty convened and held at 100 Eu Tong Sen Street, #02-43, Pearla Centre, Singapore 0106 on
      308 words
    • 323 27 LOST SHARE CERTIFICATES The following Share Certificates/* together with the relevant signed transfer deeds have been reported lost or destroyed: HONG FOK CORPORATION LIMITED Certificate No. In the name of Wo. of Shares *****09 CheongJimSim 1x 1000 *****32 FooPuiHoon 1x 200 *****29 -do- 1 x 300 *****88 Tan Geok Hong
      323 words
  • Page 27 Miscellaneous
    • 238 27 5As far as you can hear 5 introduced a boycott nuances many long 13 Joined American investcountry's cen--23 Be just in time to prepare L-I——l L__J 1 1 a potato for crisps (3,2,4) 6 Legendary outlaw tells (3,4) 25 Substitute heavy fabric how to commit masked 23 Statement of belief
      238 words
    • 165 27 Singapore Outlook: Showers over several in the pre-dawn and early morning. Report: Maximum temperature 27.1 Assoc humidity 77% Minimum temperature 23.2 Assoc humidity 96% Hours of sunshine 0.00 Rainfall in mm 0.3 Rainfall this month 0.3 Rainy days this month I World report Asia-Pacific Hi/Lo* Cond. Auckland 17/07 Cloudy Bangkok.
      165 words
    • 24 27 Wto -rue onL-y I PgT IT cows ID £xfk.RTise. mu i "MRT Cp\Ni GORD P\JDG£ t S 8795 A ASSOCIATED NEWSPAPERS LTO IM2-IM2 o»ck-
      24 words

  • 450 28 US{RRE^P|N.TIAL ilolilltHß NYT, Reuter WASHINGTON The US presidential rivals swept across seven states on Saturday in an intense last-minute bid for votes as the latest opinion polls showed Democrat Bill Clinton clinging to his narrow lead. Racing through speeches, professing elation over
    NYT,; Reuter  -  450 words
  • 179 28 NYT NEW YORK What's in a name? Maybe more than you think. Three stocks with familiar names in this election year have shown a surprising tendency to mirror the performance of their unrelated namesakes. In the 1992 performance of three stocks, the early
    NYT  -  179 words
  • 356 28 AFP HONGKONG Asian countries believe they are caught in the middle of the trade deadlock between the US and Europe and would be the first to suffer should a trade war break out. "The world economic powers are holding the rest of the
    AFP  -  356 words
  • 248 28 AFP SYDNEY Large numbers of Hongkong business migrants are returning home, frustrated in their attempts to establish businesses in Australia, a director of the Hongkong Trade Development Council said yesterday. Stephen Mak said ignorance about available Australian government support and a lack of knowledge
    AFP  -  248 words
  • 435 28 Reuter GLENEAGLES. Scotland Former communist countries could prove a major economic threat to Western Europe as manufacturing industries demand better educated workers with higher skills, says a top World Bank official. "The number of industries and products where labour costs are a large part
    Reuter  -  435 words
  • 794 28  -  The Bottom Line AMY BALAN AMY BALAN The writer is a BT news editor UW E ARE moving into an uncertain age." Former Wf Wl Cabinet minister j Tony Tan was making a refrain worth repeating when he spoke to a group
    794 words
  • Page 28 Advertisements
    • 63 28 Every Saturday in Business Times Word Power I coiTMEiMENCE v H moun: I Size: 14 8*10.3 cm WP-5550 I Japanese Translators I European Translators Size 18 x 11.8 cm TR-700 H"-" I I Chinese Translator I Size: 10.5 x 6 4 cm TR-2500 Phone Directories ra M*SV SMITH Be !c~'-;xs-s
      63 words
    • 256 28 I l n /i i 1 One Day Seminar Stock Market Betas Portfolio Risk Strategies applied in a Bull, Bear or Stagnant Market WHO SHOULD ATTEND: Fund Managers Stockbrokers Research Analysts Private Investors This is a lively workshop designed in an easy-to-learn format. STOCK BETA, a vital instrument in portfolio
      256 words

  • Shipping Times
    • 426 29  -  By Juliette Walker SINGAPORE Japanese luxury liner Asuka may depart from South-east Asian waters for good if passengers continue to prove scarce, cruise operator NYK Cruises (NYKC) said. Tadashi Tsuyama, NYKC president since May, said the NYK Line subsidiary would study November passenger
      426 words
    • 236 29 Bernama KUALA LUMPUR The government's proposal to establish an MsBoo million (Sssl2 million) shipping fund for the local shipping industry has been described as a positive and timely move in assisting the ailing industry. A freight forwarder said last Saturday that the fund
      Bernama  -  236 words
    • 365 29  -  By Ramesh Divyanathan SINGAPORE The Singapore Freight Forwarders Association (SFFA) has called on traders to accept only internationally recognised standard forwarders' bills of lading. SFFA chairman Stanley Lim said the association has rejected a proposal to promote non-standard freight forwarders' bills of
      365 words
    • 273 29 Knight-Ridder LONDON Buyers of Iranian crude have diverted shipments around the Cape of Good Hope to north-west Europe rather than sending it through the Sumed pipeline to the Egypt's Sidi Kerir terminal because of a backlog in the pipeline, an official of
      Knight-Ridder  -  273 words
    • 374 29 AP TOKYO Japan has lowered its safety margins for containers to be used to transport plutonium after learning that the plutonium mixture generates more heat than expected, an official said last Friday. A Science and Technology Agency official said Japan was informed by
      AP  -  374 words
    • 1179 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 3 ASCL 5 5 ASXCL Shpg 15 2
      1,179 words
    • 489 29 Reuter VALLETTA, Malta Some 400 years ago Malta built a chain of watchtowers to help ward off pirates and other maurauders. Now the Mediterranean island republic is about to ring its shores with a radar defence system against drug smugglers and illegal
      Reuter  -  489 words
    • LOG BOOK
      • 62 30 SINGAPORE Following the trend towards personalised inflight entertainment, Silk Air will offer business class passengers separate audio and video Walkmen from this month. The systems will be available on flights longer than 2.5 hours. Among other carriers offering the personal video screens service are
        62 words
      • 53 30 FRANKFURT The German flag carrier Lufthansa announced on Saturday it had decided to withdraw its offer to buy part of the struggling Continental Airlines. Lufthansa said there was not enough time to clarify open issues before its offer ran out. Continental is flying under Chapter 11 bankruptcy
        53 words
      • 48 30 LONDON The Greek bulker Flag Epos, 35,518 dwt, is under way again for Rotterdam after engine trouble, Lloyd's Shipping Intelligence Service said. On Friday, the vessel was reported adrift at lat 49 44N, long 03 04W after leaving Tenerife, Lloyd's Shipping Intelligence Service said.
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      • 55 30 LONDON The Cyprus flag container vessel Concordia, which sustained damage in a collision earlier this month, has passed through the Suez Canal en route for Dubai, Lloyd's Shipping Intelligence Service said. The 25,412-dwt vessel was in collision with the gantry crane at Port Said, Egypt, damaging its
        55 words
      • 37 30 LONDON The Bahamas-flag bulker Arisbe, 34,142 dwt, is at San Antonio, Chile, with gas boiler damage, Lloyd's Shipping Intelligence Service said. The ship sailed for San Antonio from Los Angeles on Oct 13.
        37 words
      • 70 30 AMSTERDAM A collision between a barge and a tugboat released 109,000 litres of naphtha into an inland waterway in the Netherlands, police said. The surrounding area was cleared of people due to the danger of an explosion. No one was hurt in the incident. Police shut
        70 words
      • 53 30 FLORENCE, Italy Cars were washed away and railway lines blocked early on Saturday when two rivers broke their banks and flooded the northern outskirts of the Renaissance city'of Florence. Parts of the city were briefly without electricity after the Mugnone and Terzolle rivers overflowed following 24 hours
        53 words
      • 56 30 PANAMA CITY Mexican authorities have seized 1,500 kg of cjocaine on a ship in the Mexican port of Tamaulipas that were loaded in Panama, Panamanian Drug Minister Ariel Alv&rado said Saturday. The drug shipment, worth more than US$45 million (Ss73 million), was seized this week in
        56 words
    • 992 30  -  Weak sales at home and abroad have forced the struggling Japanese auto manufacturer to cut back drastically its efforts to enter the luxury car market, reports Andrew Pollack Andrew Pollack NYT MAZDA Motor Corp sharply scaled back its efforts to enter the luxury car
      NYT  -  992 words
    • 818 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      818 words
    • 9135 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
      9,135 words
    • SHIPS IN PORT
      • 442 45 Vend Vo T Nd Birth jWM Ptprtn B—' km* Pqwrtut Marina Terminal 1 Wun 2 211A92 0211/1800 03 11/0600 Batam Baru B19? Iflftf A?ll/09flfl Karatoievefet 9W P09A 01.11/1400 03.11> 2300 SSI 55 Sg $2 5 /So KotaMut,ara MUT05w f" 02 0211/0600 0711/1630 BatLnkSu HO 192 M04 0211/1000
        442 words
      • 1836 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Voy No Containers val S# Voy No Containers avaiafalc HJ Vancouver 010W 31 10.92 0715 Nanta Bhum 113N COD(EST) 3110.92 2300 Penang Br 2SS 31 10.92 0938 1 Yermoshkin 23-92W COO(EST) 01.1192 2300 Saudi Dinya FEA061 31 1092 1000 Um Crown
        1,836 words
    • 760 46 THEORY cargo freight market aAoained firm on Thursday, jfct disappointment over the l«$el of Russian charter requirements restricted rate rises and «saw freight futures sold off, 4ffriers said. Thfc onset of winter may soon. <telay shipments to the ex-USR. lli£ Baltic Freight Index (BFlJ#&se three points to 1,111
      760 words
    • 736 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-$ 118 or fax: 223-9929. Nov b-5: Holland Offshore 92, jointjy organised by Petamgas Mari|ime Services
      736 words
    • 605 48  -  By Rahita Elias KUALA LUMPUR Malaysia's second carrier Pelangi Air, weighed down by the financial burden of its new Fokker planes, is likely to incur hefty losses this year. However, the company expects to soar back to the black next year following
      605 words
    • 214 48 AFP BANGKOK Thai Airways International (THAI), battered by the May violence that reduced travel to Thailand, has projected a 13.9 per cent drop in net profit for fiscal year 1992, news reports said last Saturday. The national flag carrier, in a preliminary report to the
      AFP  -  214 words
    • 562 48 AFP NEW DELHI A pilots' strike, which was to take off last Friday but was called off, has once again highlighted the perennial problems confronting the Indian Airlines (IA), one of the world's largest regional carriers. IA officials admit the threatened strike will deal
      AFP  -  562 words
    • 454 48 Agreement limits carrier's liability to USs3oom over 15 years UPI CHICAGO Trans World Airlines (TWA), under Chapter 11 bankruptcy protection, won some breathing room on Thursday with an agreement that relieves it of responsibility for fully funding its underfunded pension plans. The agreement, reached
      UPI  -  454 words
    • 214 48 UPI LOS ANGELES The brand new Metrolink Commuter System averted an embarrassing early shutdown on Friday when agreement was reached with the owners of Union Station, its main downtown terminus. Representatives reached agreement to allow the new commuter trains to use the station as a
      UPI  -  214 words
    • 307 48 AP SEATTLE Boeing will start flight tests this week on the loads and stresses on 747 engine pylons and their fasteners. The tests are to help investigators determine why an El A 1 cargo jet crashed in Amsterdam on Oct 4 and
      AP  -  307 words
    • 312 48 NYT NEW YORK Varig Airlines, the biggest carrier in Latin America, plans to sign an agreement with Delta Air Lines under which the two airlines will cooperate in marketing and coordinating their routes. The plan was disclosed on Friday by Rubel
      NYT  -  312 words
  • Page 29 Advertisements
    • 28 29 Line* aid sorvlcoo roproooatod Momfcoro of tfco Registry of Accroditod [?wSl*|' Skipping Agonts, Stappon National Ship- IsBMnJ plug Association. For advertising enquiries, contact Shipping Times: j Tel 740-2089/740-2090
      28 words
    • 18 29 A luxury Mazda can ill afford, Page 2 Pelangi hopes for better times after major revamp, Back Page
      18 words
    • 192 29 the FAMOUS \pn^o mm awim ■IMIIUII 224 1833 For more information please refer to Pg. 13 Looking for a Freight Forwarder? Play it safe! For you as a shipper, professional planning ana execution of transport is essential. To avoid disappointment., it is safer to select a member of the Singapore
      192 words

  • Page 30 Advertisements
    • 94 30 1 ishl Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and i relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for j. managers who want the competitive edge. I' r Plus an occasional lode at
      94 words

  • Page 31 Advertisements
    • 2760 31 mm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES %l|f## *****11 AH WWW BOOKINGS TEL: *****34 *****58 IVflßllV TERMINAL/CFS TEL. *****18 220 P Efiflflfl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. i A PORT KELANG TEL: *****18 FAX: *****91 *****88 r\. o TT PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
      2,760 words
    • 1423 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT li 555 i? 55 111 l VSI/VOY SM NYC BAL ORF SAV U IMTI tl 7/U M/U U/U U/U M/U umo iou n ivu a/12 a/u zi/u 25/u M UM6MM 17 1/U VW
      1,423 words
    • 1424 31 •t WEEKLY DIRECT CALL TO SHIMIZU v! LOUIS MAERSK V.9211 ETA SIN 5/11/92 j* ETA SHIMIZU 17/11/92 «.~i Vessel Voy ETA ETD Feeder fry j Set lark/Anas DESTINATIONS F" TIM* week Mart Maersk 9208 c* 3/ii oeoo hrs mh hh mmm CFS 2/11 2359 MRS JOM LPK PEN OAK |LGB
      1,424 words

  • Page 32 Advertisements
    • 1569 32 I i _h#lA%#fa■■ H f A« Vf A |i I ftf I■ M 1 H IHIII B^^WfWlti^^^^^^wpw^^^iiwi^wnp^wppwp^B h'^™™T®ißaiiioaU!totiKii^Mli* I VOY NO S PORE JEDOAH SHAMTON H BURG ANT LE HARVE H^TIJ TOKIO EXPRESS 09/144 6/11 21/11 24/11 22/11 WmSßi LEVERKUSEN EXPRESS 09/344 7/11 17/11 25/11 28/11 29/11 2/12 ftBT mnnj
      1,569 words
    • 453 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Rigs, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ITA SIN VILLE DE VENUS 06/-U VILLE DE NEPTUNE 14/11 POL
      453 words
    • 1380 32 I raWRMM E.EWM REGULAR INDEPENDENT FULL CONTAINER SERVICE EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASED TO ANNOUNCE AS FROM HY CHALLENGER V 9235-4 ETA SINGAPORE 08/11/92 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS: TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM
      1,380 words

  • Page 33 Advertisements
    • 1973 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****98 Fax: *****17 ACCEPTS CARGO DUE SARS I filial IMwllnlolll i] f RAJAH BROOKE V2OE Mum. lib 04 05 Nov 0« Nov 07 Nov S? Sk l Tj 05 07 Ho No, SMGAPOdf PHNOM PfNH STRAITS
      1,973 words
    • 2633 33 m SINGAPORE AGENT: Z PAfifoinaitC PAO Containers (Singapore Aflencies) Pte Ltd t\t W lil|lll£l|l|Cra 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z I VESSEL VOV PMO -PKO MM l ALO SOU ANT MOT HAM VESSEL
      2,633 words

  • Page 34 Advertisements
    • 654 34 HBB3 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE «U*OT SfOK DC AM ADAM HDUR6 BREMEN ANTWERP MOTMUM/J3HB 2-4/12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to lnduc*m«nl. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Qanoa, Triasta. AISO ACCEPTING CONVENTIONAI CARGO VIA
      654 words
    • 1185 34 OHANJIN SHIPPING FDR VSI L* HAUL LGB OA* FDR VS. tm IIJE HAUL SAI U WC HANJM KAOHSUNG 010E 8/11 H. OAKLAfO OIK 29/11 2/12 FISHGUARD BAY 212N 2/11 M. EUROPE 00« 11/12 11/12 13/12 HAWK BREMEN OOSE 15/11 DKCT 6/12 9/12 HANM CHEAJ OUE 9/11 HAMM SEATTLE 02ft 17/12
      1,185 words
    • 1148 34 d I cTn"3"=H"i^ Inu ISC Alt HIS «1 0» K( HI nOHICWWIfTCUKIKBBKnfWWCHm I EatMI)H-0«2 l/II 4/11 J/1111/11 IJ/U U/U 17/11 19/U 2t/U 11/11 23/11 4/12 IC/12 IS/12 19/12 2S/12 29/12 M/ 12 31/12 2/1 12/1 22/1 2C/1 27/1 E6ORKK-R4J 11/11 11/11 11/11 U/U 21/11 2J/U 24/11 29/11 27/11 21/11 39/11
      1,148 words

  • Page 35 Advertisements
    • 1883 35 V 2 PLEASE DIAL TEL: *****00 II H iVOAr II FQR ALL BOOKINGS (NOL SERVICES) I EXPRESS (SCX) I Hi PNW. USA INLAND POINTS 1 TOCAL*O*NU.Uf QWS*mUm>Pomn.ATLjUimm»L* I 1/ FEEDER V9L VOY SGP MOTHER V9L VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI DAL/HOL" MPH ATL NYK
      1,883 words
    • 1310 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD J BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 5 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 V (REGULAR INDEPENDENT SERVICE) "5 s if'l M IB
      1,310 words

  • Page 36 Advertisements
    • 1453 36 i K~ 44 W AS AGENTS: KAWASAKI SMGAPORE (PTE) LTD (CR No: **********0 M) V W WT* TEL *****77 TELEX KAWAM R*****5 FAX; *****07/^9 I M. MALAYSIA: IT UNE MAHTTME (MALAYSIA) SDN BHD A Ai All J-# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■MB KAWASAKI KISEN KAISHA,
      1,453 words
    • 1118 36 PHILI-ORICNT LINCS PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... •Qp WE TAKE ON THE WORLD FOR YOU MEMBER OF SMGAPORE FREIGHT FORWARDERS ASSOCIATION 8 NOV SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 8 NOV AUCKLAND. WELLINGTON. LYTTLETON, NEW
      1,118 words

  • Page 37 Advertisements
    • 1087 37 PACIFIC INTERNATIONAL LINES (PTE) LTD m rnmm*mn W M 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN SIN BUNG A TFBATAI L, f'" KOTA BINTANG KBT4IN 1/11 «/11 10/11 EQUATOR HAWK KOTA SURIA KSR43N 4/11
      1,087 words
    • 910 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P P GUDANGI PENANG PKELANGj OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 30/10 30/10 31/10 SELANEXA 2432 3/11 20/11 22/11 23/11 25/11 E 6/11 6/11 7/11 BENALDER 2442 10/11 27/11 29/11 30/11 2/12 Q 13/11 13/11 14/11 TOYAMA 2452
      910 words
    • 842 37 I BSA° i TRANSPORTATION M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdf PAGAN VISBW 3/6 No. HPA AN VIS4W 14/17 No* PAGAN VIB9W 15/18 Noy NIGERIAN NATIONAL ML SHIPPING LINE WP NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 23 Nov Lago»
      842 words


  • Page 39 Advertisements
    • 49 39 1/CVISA FREIGHT SERVICES PTE LTD Q Established Since 1984 y OCEANIA PORTS terAGE W™** AUCKLAND SYDNEY %IPOI«T *expoj& ffiUKHimE fRUWIlE FOR BOOKING ft SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL'FREE TEL: *****66 TOLL-FREE TEL: *****34 PAX: *****86 PAX:*****37
      49 words

  • Page 40 Advertisements
    • 2485 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Guan Skipping Sdn Bhd Chung Chiao Skipping Sdn Bkd P.T. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd Sfcwmg Frtigkt Booking Centre Sd» SM 58 Persiaran Ra/a Muda Musa Lot 3.34. 3rd Floor, Jl IR H Juanda
      2,485 words
    • 278 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 Talax: R*****0 T*»: ******1-3 Fax: 225 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 900 IN PT 05/11 (THU) DERAJAT 1006 04/11 (WED) 06/11 (FRI) MERKUR DELTA 946
      278 words

  • Page 41 Advertisements
    • 621 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMMSSOI/PREAUS 4/tl ROTTERDAM 4/11 HAFA/ASHDOO/ALEXANORIA 47fi HAMBURG/BREMEN 4711" MARSEILLE/FRANCE 47A FELIXSTOWE/UK 4/TI BARCELONA/SPAIN 4/fi LEHAVRE/ANTWERP 4/TI GENOA/ITALY 47fl GOTHENBURG/SCANDINAVIA 4/TI LOS ANGELES/WC/tPI 8/11 SYDNEY/MELBOURNE 7/TI NEW YORK/EC BTfl FREMANTLE/AOELAIDE 5/11 VANCOUVER 87fl BRISBANE 13/11
      621 words
    • 729 41 CZ9 RICHFKLD MARINE AGENCIES (S) PTE LTD h»l TEL *****33 (12 Line®) l=J FAX: *****15/*****03 p-l-q TELEX: RS ***** RISHIP (3 Line*) {&S ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA ILOAOMG FOR SPOWE ABBAY WOHZ 34we 07/12 OARESSAI AAM MOMBASA. OJBOUTI ASSAB MASSAWA
      729 words
    • 484 41 |013Ki3H8&ISBi JAKARTA BANGKOK > J ■QnHBBIB BEJUA BWSI MS 31/19 M/ll IAHU BMUM 4M fti IPT Mm 92/11 I MS —M ISM *3/11 »7/Il MB BHUM 113N Sat 31/19 UN M/ll J Mn 15 NU MP 24N Mmi 92/11 TM 05/11 r PM> y? IZ/il mi PTYR BMUM# 2S7N IMb
      484 words
    • 350 41 IKSHfIfSj p VSL VOY BMQAPORE MADRAS BMQAPORE P KS9L WT SSI MM SM nra spot zzm m port omi/ii 17-11/u* V TBUt STM 4M IMC/11 12-13/12 15-20/12? V, > nea brim zm ono/11 io-u/11 24-25/11 -v IKO MROW 4IN 12-13/11 15-21/11 2C-27/U k I VSL VOY SMQAWHE/CALCVTTA/MMQAPOHE > KSXI VOY
      350 words

  • Page 42 Advertisements
    • 1496 42 GROUPAGE BffV-/\ IPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 5 HKG/TWN/BKK GOTH/U.K/MED PORTS KN PKL SIN PEN PK SIN J4/11 5/11 6/11 Hon* Kong Ldn/Fh/Rdm/Ant 5/11 6/11 7/11 W/ll 9/11 10/11 Hong Kong Gburg/C'hagen/S'holm/Oslo 8/11 9/11 10/11 |1/1 I
      1,496 words
    • 342 42 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SW PROSPECT 21S 7/11 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 WITH OPPORTUNITY TO CALL TOWNSVILLE ABOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND.
      342 words
    • 1210 42 f THONG SOON LINES PTE. LTP.I 77 ROBINSON ROAD #15-00, #16-00 SM BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER BERVICEB SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor IS'PORE [PEST VESSEL VOT SPORE P.
      1,210 words

  • Page 43 Advertisements
    • 877 43 COMPANIA PERUANA DE VAPORES V "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALL AO, MAT ARAN!. 10* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BtL OF LADING. ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTMG WEAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOM. TOKYO*, MANILA*, DAVAO*. PcfMnf* P. Ktbnf
      877 words
    • 540 43 CZJ ZIM I**vl| CmMmrUnk9 UJAJ N.AMERICA CARRIBEAN SERVICES KSStL WT ~SSI InASMO VOT LAI AST SAK WTC tff» HJtflA 1041 I/ULm KEEL IMG 3* 12/12 21/12 2S/12 27/12 21/12 ZM ELAT 711 13/11 I OH KULUNt 3* 12/12 21/12 25/12 27/12 24/12 m BARCELONA 235£ 16/ll|» BERU 371 2S/12 24/12
      540 words
    • 605 43 NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLANG SEMI CONTAINER FIXED DAY SCHEDULE VOY ETD PKG ETA JKT ETA SIN M/V LEONA 92/1 15/11 19/11 23/11 M/V LEONA 92/2 24/11 26/11 2/12 M/V LEONA 92/3 3/12 7/12 11/12 M/V LEONA 92/4 12/12 16/12 20/12 M/V LEONA 92/5 21/12 25/12
      605 words
    • 395 43 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAMO BOOKIM: LUCKY TRANSPORT «F RE MKT CO
      395 words
    • 366 43 I NiHlkHtM* Ai a SIN FAR EAST 10/11 KEELUNG/KAOHSIUNG 8/11 BANGKOK 6/11 MANILA/CEBU J 8/11 JAKARTA/BELAWAN/SURABAYA 9/11 PORT KELANG/PENANG/E. MALAYSIA 9/11 BUSAN 8/11 TOKYO/YOKO/KOBE/NGO/OSA 9/11 HONG KONG SIN CH[NA (*9#±*fen) 9/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI XINGAN G 2 TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo <• SIN EUROPE/UK 7/11 LDN/FLX/LVP/SOU 3 7/11
      366 words

  • Page 44 Advertisements
    • 765 44 I- ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods from door to door trucks for home deliveries at
      765 words
    • 499 44 Eonterm! Hp CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 7TH NOVEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 8 NOV JAKARTA 8 NOV PENANG 5 NOV PORT KELANG 5 NOV MELBOURNE 8 NOV SYDNEY 8 NOV FREMANTLE 5 NOV BRISBANE 15 NOV HAMBURG 7 NOV FELIXSTOWE 7 NOV GOTHENBURG 7
      499 words
    • 332 44 This Week's Sailings f To: ETD To: ETD Singapore Singapore EVERY Hamburg EVERY Bangkok WED SUN SAT gg Fvmv Ho Chi Minh EVERY Manila FrT&MON FRI EVERY Ix)S Angeles E ofi£ Y Colombo MON Till: 1| Singapore 778 6522 *****38 o.ndh, g§ MA Johore 07-*****8 07-*****3 Alfred Ng yjpf Jakarta
      332 words
    • 518 44 CHINESE-POLISH WA JOINT STOCK SHIPPING CO j A CONTAIO/BRgAKBULK PMtAfOONSXI V.50 8/11 CASABLANCA EVER HAPPY ¥05 15/12 CASABLANCA lAXMG VOl 24/11 SHANGHAI/XMGANG BALTIC FAR EAST SHIPPING PTE LTD 2 MSTRI ROAD #10 00, HMC BULOMG, STORE 0207 TEL: *****69 FAX: *****09 TLX: RS ***** BAIfES OEL ORIENT EXPRESS L|NES dum
      518 words

  • Page 45 Advertisements
    • 1269 45 _i_ _c/ -F FAST TRANSIT TIME —37 DAYS ONLY SINGAPORE TO RUNAVENTURA (COLOMBIA) 1 NedllwdUnes FEEDER VESSEL PKG PEN OCEAN VESSEI SM LEH RTM(I) HAM (2) BRV FUI SOU GOT 6 Bhum B Seroia 30/10 28/10 NIL Asia/2382 3/11 21/11 22/11 24/11 25/11 26/11 24/11 25/11 NLL Rotterdam/2130S 31/10 3/11
      1,269 words

  • Page 46 Advertisements
    • 346 46 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times. _J NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANIA VIGOUR SINGAPORE 39N8 06/11/92 11/11/92 TWO SAIINGS WEEKLY VfeOUR PACFIC 75N8 99/11/92 14/11/92 MONDAY AND FRDAY VIGOUR LUZON 4NB 13/11/92 H/11/92
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    • 304 46 iLcosco UKC CONVENTIONAL BCBVICE VESSEL PKL PNQ P.O. LOAOtNO FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Ouangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANOKOK/HONOKONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN QULF/KARACHI Pleaae refer above mentioned services
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    • 197 46 QQIZti CONTAINER LINE —\S^, L AUCKLAND WEEKLY CONSOLIDATION Inland Destinations: /^^twziAiANO NEW PLYMOUTH DUN EDI N < /WELLINGTON HAMILTON CHRISTCHURCH/ LYTTELTON V s TAURANCA/WaUNCTON NAPIER ITChriftchurch Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD fOmmtm 133 New Bridge Road *09-06 Chinatown Point S'pore 0105 I VESSEL VOYAGE SINGAPORE PORTS
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    • 40 46 ©ORIENT FREIGHT SERVICES PTE LTD C/R NO. **********0 D WEEKLY CONFIRMED CONSOLIDATIONS AND SPECIAL FCL/LCL RATES TO> BOMBAY •COLOMBO •CALCUTTA KARACHI MADRAS •CHITTAGONG ALSO ACCEPTING CARGOES TO FAR EAST/EUROPE OTHER PORTS FOR ENQUIRIES CALL US AT TEL *****92/ FAX: *****85
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  • Page 46 Miscellaneous
    • 466 46 TODAY'S TIDES (height in metres) HOU 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 JR 1.1 14 1 7 1.9 20 20 18 1.7 1.5 1.4 1.4 16 19 2.2 24 26 26 2.4
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  • Page 47 Advertisements
    • 1116 47 ▲HYUNDAI MERCHANT WESTBOUND TO EUROPE VESSELS PNA PKE+ PGD+ SW I RTM AHT* LEH* HAM BBE) FD. H. CHALLENGER 301* 6/11 6/11 6/11 S/U 27/11 27/11 2t/ll 28/11 2S/U 1/12 SI INDEPENDENCE 302* 13/11 13/11 13/11 15/11 4/12 4/12 5/12 5/12 5/12 «/12 H. FROHTO 302* 27/11 27/11 27/11 29/11
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    • 455 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ksju m v n ue u wsmu 7 i u in CHUMN TUMI 29 1/11 S/ll cosmc chauekei 21 1/11 US TIM Ml I l/ll 1/11 UK UKM 27 1/11 TIMS MTO 41 1/11 11/11 Ml 1«/U TMJMC UUt
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    • 999 47 JEDDAH/UK/CONmNENT ISTOtt lEC STON KMN ITMM L£H •Mm Areata* Carp Far TOUO UP 01/144 l/ll 21/11 24/11 22/11 Sarin*** :tod IK dntntn. Brtasl ml Dot* lEVEMIBEN ESP 09/344 7/11 24/11 27/11 29/11 1/12 Un«tm ;ta al Mhrarp, Amtartfam. o*. HM .1' UTMO 11/145 12/11 21/11 1/12 29/11 Sarthamptan :taa UK
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  • Page 48 Advertisements
    • 112 48 lTPE^v^^Nrr CE V; :> >•;•?•• :>- ■-A--'-..'' ■■■■;■■/-.-.-y. fif•• •>">•:. •<> •>.: viV '3 <*y. .v V• i I /0,-*.'. :v. 1•' •7 •*1 &■(<:'{; Va 'A i<>;, 1 I'V. 1 (A I > '< V >-'* jk 111 I I. I I' SOME OF OUR TOP TALENTS ARE OVERSEAS.
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    • 5 48 Every Saturday in Business Times
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