The Business Times, 9 November 1992
1992-11-09
1
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The Business Times
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Title Section16 1992-11-09 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Monday, November 9, 1992 75*16 words
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NEWS SUMMARY
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63 1992-11-09 1 BEIJING International talks on salvaging Cambodian peace accords collapscd yesterday, throwing a UN peacekeeping operation into disarray and raising the prospect of renewed bloodshed. The talks here were seen as crucial in the effort to persuade the Khmer Rouge to comply with the63 words
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54 1992-11-09 1 TAIPEI Taiwan will give tax privileges for nine industrial projects worth NTSSIB6 billion (SSI2 billion) to help stimulate the economy. The Cabinet decided last Saturday to renew tax incentives for major investment projects approved by the government before 1990 but delayed by anti-pollution54 words
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Article35 1992-11-09 1 THE flow of Japanese investments into Singapore continues to be strong, but the government will not ease its drive to draw more foreign money into the country, BG Lee savs Page 235 words
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Article29 1992-11-09 1 THAILAND is to review its policy of 'constructive engagement' towards the military junta in Myanmar and will take a softer line on exiled Myanmar students Page 829 words
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Article35 1992-11-09 1 BUSINESS failures in England and Wales have reached their highest level since the recession started more than two years ago, with companies collapsing at the rate of 76 a day Page 935 words
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Article41 1992-11-09 1 ALEXANDER DUBCEK, leader of the 1968 'Prague Spring' reform movement that was crushed by Soviet bloc armies, died in a hospital here last Saturday, his place in history assured and most of his hopes for democracy fulfilled. Page 941 words
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Article35 1992-11-09 1 AN AUSTRALIAN outplacement firm used by companies to help retrenched workers plans to set up an office in Singapore, betting on the Republic's ability to attract multinational corporations over Hongkong's Page 1435 words
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Article35 1992-11-09 1 SENIOR MINISTER of State for Trade and Industry Lim Boon Heng has commended a proposal to create jobs for local seamen whose high wages have made them uncompetitive. Shipping l imes Page 135 words
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MARKET SUMMARY
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Article29 1992-11-09 1 IN A surprise team-up, the Yaohan group has roped in Hongkong tycoon Li Ka-shing as a partner to develop a large property project in Penang Page 329 words
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Article33 1992-11-09 1 A MAJOR Sydney building owned partly by property tycoon Ong Beng Seng could be sold early next year and is expected to fetch more than A$ 150 million Page 333 words
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Article39 1992-11-09 1 IN A BID to tap cheap financing sources, mainland conglomerate China Resources has taken a 15 per cent stake in the Hongkong Chinese Bank less than a month after the Lippo-owncd local bank went public Page 439 words
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Article33 1992-11-09 1 A LANDMARK anti-smoking case that opened the door to personal injury suits against cigarette companies was dropped last week in a major victory for the tobacco industry Page 533 words
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Article47 1992-11-09 1 IN A SIGN that consumers may have pared debt down to manageable levels, the US Federal Reserve Board reported last Friday that consumer credit grew at a 2.7 per cent annual rate in September. It was the first increase in eight months Page 647 words
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Article19 1992-11-09 1 BZW FUTURES has recruited a 25-member trading and sales team from another futures firm here Page 719 words
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Article, Illustration27 1992-11-09 1 Friday Change BT-MGA 673.54 -0.81 Kuala Lumpur ....654.60 5.75 Tokyo 16.869.81 -161.78 Hongkong 6.315.01 -32.76 Sydney 1,423.4 -8.9 New York 3.240.06 -3.78 London .....2,702.7 -8.427 words
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Article22 1992-11-09 1 Exchange rates USS S$ 1.6295 100 Yen S$ 1.3253 MS S$ 0.6474 Money market rates Overnight 1-1/2% +5/8 3-month 1-13/16% +1/822 words
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Article30 1992-11-09 1 Rubber S'porc Nov 144.50'/kg +0.50 M'sia Nov 222.50*/kg unch KL Tin Turnover 50tonncs +5 Spot MS 14.23/kg -0.12 Crude palm oil Turnover! 788 lots +64 Dec MS924 /tonne -330 words
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743 1992-11-09 1 Helen Chang - Businessmen identify three areas for review By Helen Chang SINGAPORE Businessmen and local accountants have called for a detailed review of tax policies affecting the overseas operations of Singapore companies. Responding to the recent call by Finance Minister Richard Hu for743 words
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163 1992-11-09 1 SINGAPORE The fear of social rejection, and not stifling business rules, is what stands in the way of Singapore entrepreneurs in trying out new ideas, in the view of Deputy Prime Minister Lee Hsien Loong. "It's not so much individual regulations which are onerous163 words
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Article, Illustration413 1992-11-09 1 Catherine Ong - From Catherine Ong in HONGKONG SINGAPORE'S Ambassador to China has criticised the Republic's businessmen for not taking advantage of the political goodwill the country enjoys in China to break into the mainland market. Singapore businessmen had not done particularly well in clinching413 words
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564 1992-11-09 1 Leslie Lopez - Executive chairman among casualties Reports by Leslie Lopez in KUALA LUMPUR MALAYSIA'S Finance Ministry has ordered a management shake-up in stateowned Bank Bumiputra Bhd. the country's second-largest commercial bank, ahead of a disclosure of significantly lower profits for the year ended March 1992.564 words
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289 1992-11-09 1 MALAYSIAN Prime Minister Mahathir Mohamad yesterday said that parties linked to Lorrain Esme Osman, the former executive chairman of state-owned Bank Bumiputra Bhd's Hongkong subsidiary, were planning to implicate him in a purported "scheme". They were doing so in an effort to289 words
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Page 1 Advertisements
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Advertisement193 1992-11-09 1 Sole Agent. WONG BROTHERS SHOE TEL: 2833 ft 43 Arts 11 Market Review 21 Weather 25 Aircraft Schedule 25 Money Changer Rates 25 Work) News 9 Commodities 24 Money Market 23 Work) Stock 22 Company News 3-5 Regional News 8 Cryptic Crossword 25 Share Information 20 Enterprise Mgt 13.14 StS193 words
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Advertisement17 1992-11-09 1 Drive for foreign capital will continue: BG Lee, Pg 2 KDB's decision baffles S'pon.* ans Pg 217 words
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Advertisement128 1992-11-09 1 M C. T. HOO Singapore #01-22 Tanglin Shopping Centre. Singapore 1024. T*l: *****47, *****43. The Mahathir dilemma, Pgl2 Chafer will succeed me after all, says Mahathir, Back Page Where to leave your troubles when you fly JAL. It's a big, busy, competitive world out there, especially for business travellers And128 words
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Advertisement10 1992-11-09 1 Hock Lock Siew: Bank Bumi needs new orientation, Pg 310 words
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PAGE 2 NEWS
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Article, Illustration459 1992-11-09 2 Chuang Peck Ming - Japanese investment in the pipeline as high as it has ever been By Chuang Peck Ming SINGAPORE The flow of Japanese investments into Singapore continues to be strong but the government will not ease its drive to draw more foreign money into459 words
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321 1992-11-09 2 SINGAPORE The Government could "keep everyone happy" by weakening the Singapore dollar. This may relieve some short-term ills, but in the long run the move will "turn around and bite you back", says Finance Minister Richard Hu. Most economic models321 words
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375 1992-11-09 2 Catherine Ong - From Catherine Ong in HONGKONG THE Singapore Economic Development Board's decision to close its Beijing office has baffied Singaporeans living in China. The move seems at odds with the government's effort to encourage the Republic's businessmen to invest in China. and375 words
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Article, Illustration327 1992-11-09 2 SINGAPORE Prime Minister Goh Chok Tong suggested last night that the clans take over the charity and welfare role of the Chinese Development Assistance Council (CDAC) and free it to focus on its original objective of providing self-help programmes for Chinese un-der-achievers.327 words
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343 1992-11-09 2 Salil Tripathi - From Salil Tripathi in MAURITIUS THE central question presi-dent-elect Bill Clinton will face is the role the United States seeks to play in the world, says Senior Minister Lee Kuan Yew. "The US is at a turning point in343 words
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Page 2 Advertisements
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Advertisement160 1992-11-09 2 The Shortest Distance Between Two Points Is Usually Via Seoul. It is our good fortune that Seoul happens to be located almost precisely half-way between the centers of trade in the Eastern and the Western hemispheres. But what is no lucky chance is the carefully planned timetable of routes and160 words
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COMPANY NEWS 1
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Article, Illustration452 1992-11-09 3 Lee Han Shih - By Lee Han Shih SINGAPORE In a surprise team-up, the Yaohan group has roped in Hongkong tyeoon Li Ka-shing as a partner to develop a large property projeet in Penang. Press reports in Malaysia o\er the weekend suggested that the MS 100452 words
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426 1992-11-09 3 SINGAPORE A Hongkong company connected with the Parkway Holdings group in Singapore is about to be listed. South China Brokerage Co Ltd, half owned by Lee Hing Development Ltd, a Parkway associate company, will list 35 per cent of its shares, said426 words
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Article250 1992-11-09 3 MBT KUALA LUMPUR London Pacific Insurance Co (LPI), on the way to becoming the fourth insurance company on the Kuala Lumpur Stock Exchange (KLSE), expects to generate about Msso million (Ss32 million) in gross premiums in the current year ending Dec 31, 1992. ThisMBT - 250 words
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Article, Illustration174 1992-11-09 3 SINGAPORE Riding on the "Chinese factor", MultiPurpose Holdings Bhd (MPHD) made Malaysian corporate history last Friday when a record 65.9 million of its shares were traded last Friday on the Kuala Lumpur Stock Exchange. This far exceeds the previous record held by listed utilitiesSource: MBT chart - 174 words
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Article612 1992-11-09 3 Leslie Lopez - THE HOCK LOCK SIEW COLUMN Troubles will linger without strong commitment to profit-making By Leslie Lopez KUALA LUMPUR State owned Bank Bumiputra's expected poor profit showing for its last financial year is not likely to rattle Malaysia's banking sector. which is enjoying strong growth on612 words
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381 1992-11-09 3 Hong Lee Tiam - By Hong Lee Tiam SINGAPORE A major Sydney building owned partly by property tycoon Ong Bcng Seng could be sold early next year and is expected to fetch more than AS 150 million (SSI7O million). The 44-storey Capital Centre comprises381 words
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COMPANY BRIEFS
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Article, Illustration92 1992-11-09 3 KUALA LUMPUR Sime Darby Bhd group chief executive officer Ahmad Tunku Yahya (left) will be appointed to the post of executive deputy chairman, with effect from July 1 next year. Sime Darby chairman Ismail Mohamed Ali announced at the company's 14th AGM last Saturday92 words
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Article78 1992-11-09 3 KUALA LUMPUR Arab-Malaysian Corp (Amcorp), through indirect subsidiary Distrepark (Bangi), has entered into an agreement with Brencoway to invest in Distrepark Warehousing Services. Distrepark (Bangi) will subscribe for 204.000 MSI shares at a price of MSI per share for a 51 per cent stake in Distrepark78 words
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Article124 1992-11-09 3 KUALA LUMPUR Kuala Lumpur Industries Holdings has revised the utilisation of the proceeds amounting to M 550.9 million (5532.9 million) from its proposed special issue. Under the rev ision. MSS million will be used for KLIH Group's (KLIHG) future investment. MS2O million for retirement of KLIHG's124 words
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Article36 1992-11-09 3 SINGAPORE Temasek Holdings announced that it bought another 85.000 Sembawang Shipyard Ltd shares on Nov 3 and 4 for a total of $678,480. Temasek now owns 42.63 per cent of Sembawang Shipyard.36 words
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COMPANY BRIEFS
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87 1992-11-09 4 BANGKOK The Canadian state oil company Petro-Cana-da is pulling out of Myanmar because exploration there has proved disappointing. In a statement received in Bangkok last Thursday, Petro-Canada said it had informed its partners and the Yangon government of its decision. "Our three-year exploration87 words
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Article100 1992-11-09 4 TOKYO Toyota Motor Corp, the largest car maker in Japan, is expected to report current profit of 150 billion yen (S$ 1.98 billion) for the six-month period ending Dec 31, down 28 per cent from a year before, the Nihon Keizai newspaper said. The company is100 words
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Article100 1992-11-09 4 TAIPEI Acer Inc, Taiwan's largest computer manufacturer, has seen record sales to China, the newest market for the island's high-tech products, a company spokesperson said on Friday. "Our shipments (to China) have reached 500 per cent growth over last year," said Brian Chong, Acer's marketing director.100 words
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Article91 1992-11-09 4 Thailand,Malaysia - from Thailand,Malaysia TOYONAKA, Japan National House Industrial Co, a major Japanese maker of prefabricated homes, said last week that it will shift its main source of lumber imports from North America to New Zealand, Thailand and Malaysia. The plan calls for establishing a subsidiary in Rotorua,91 words
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499 1992-11-09 4 Deal circumvents stock exchange South China Morning Post HONGKONG In a bid to tap cheap financing sources for its extensive trading and other business activities, mainland conglomerate China Resources (Holdings) has taken a 15 per cent stake in the Hongkong Chinese BankSouth China Morning Post - 499 words
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513 1992-11-09 4 Tribal group invokes ancient fishing rights NYT WELLINGTON A unique corporate deal designed to honour a treaty signed with native Maoris 152 years ago will, in the next couple of days, reach a climax when the owners of New Zealand's biggest fishing companyNYT - 513 words
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294 1992-11-09 4 NYT TOKYO The president of a computer software development firm who announced in late August that his company was financing clinical testing of a potential Aids vaccine acknowledged on Nov 6 that no such tests have been conducted and that heNYT - 294 words
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527 1992-11-09 4 NYT TOKYO Japanese game machine maker Sega Enterprises Ltd is threatening the once-overwhelming dominance of Nintendo Co, particularly in the overseas home video game machine market. At a time when most Japanese industries are retrenching in a slumping economy, the homeNYT - 527 words
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341 1992-11-09 5 Reuter NEW YORK A landmark anti-smoking case that opened the door to personal injury suits against cigarette companies was dropped last week in a major victory for the tobacco industry. The decision to drop the case was made by the plaintiffs, whoReuter - 341 words
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154 1992-11-09 5 Reuter NEW YORK Major US steel makers have tried and failed to push through a series of price increases over the past two years, but a 5 per cent increase the industry is planning for January is expected to stick. "I think itReuter - 154 words
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COMPANY BRIEFS
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76 1992-11-09 5 NEW YORK R H Macy Co Inc has outlined a five-year business plan that completely revamps the way it buys merchandise and slashes advertising spending. The plan, it is hoped, will help the bankrupt retailer shed its US$5.2 billion (about SsB.3 billion)76 words
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Article56 1992-11-09 5 WASHINGTON The Securities and Exchange Commission plans to give public utility holding companies more leeway in how they handle their money. The agency proposed a series of rule changes that would expand existing exemptions for utility holding companies wanting to invest in other businesses, purchase or56 words
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Article37 1992-11-09 5 BASEL, Switzerland Ciba-Geigy Ltd, a pharmaceutical and industrial chemicals company, said its Ciba-Geigy Vision unit had acquired the remaining shares in Ricky Contact Lens of Japan. Terms were not disclosed.37 words
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Article73 1992-11-09 5 FREEPORT, Maine Japan's outdoors enthusiasts and those who just want to look the part began to share in a big piece of Americana when US retail giant L L Bean opened a store in Tokyo yesterday, the first of five planned for Japan.73 words
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Article40 1992-11-09 5 MUNICH Sports goods maker Adidas AG, majority owned by France's Bernard Tapie Finance, said last week it planned a 24 million mark (about 5524.7 million) increase in nominal capital which would raise 150 million marks.40 words
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Page 3 Advertisements
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Advertisement193 1992-11-09 3 AUCTION Thursday 3rd December, 1992 at 12.00 noon On Site. Melbourne's retail and entertainment heart. JL»br*ry I| *T. AA Dn Tivoli Court on Bourke Street, Melbourne. Tivoli Court is located in the heart of Melbourne's retail and entertainment precinct and is part of the Swanston Street Walk extension. 19 separate193 words
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Page 4 Advertisements
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Advertisement102 1992-11-09 4 For the past few years Sintat has operated under the Thrifty name throughout Singapore and Malaysia. Now, once again operating as Sintat, we're more experienced and more committed than ever to providing the standards of customer service, reliability and value-for-money that have kept us out front in the rent-a-car business102 words
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Advertisement60 1992-11-09 4 "I^HHFWIHPPIMP'^'TPPMOTIHPVPVHiIV 1 IPMMI —-v fl I! j\ IHr K\ at a fraction of the replacement price Amu W§ nspray induda Machineries Equipment Panels Lockers Shelvings Elevators Doors Shutiers Filing Cabinet* CompacJus Plan Files Stationery Cupboards Safes Fire Proof Cabinets Desks And so 0n... For details contoctTd: 741 1094 Fax: 74460 words
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Page 5 Advertisements
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Advertisement233 1992-11-09 5 Introducing a new daily to Hong Kong '&fe 0 Qantis flies to Hong Kong 7 days a week. We depart at 2:sopm and arrive at 6:35pm, leaving you with ample time to savour Hong Kong's famous nightlife and shopping. That's good news, whichever daily you take, aucttv^ I W g233 words
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FINANCIAL NEWS 1
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554 1992-11-09 6 First rise in eight months NYT NEW YORK In a sign that consumers may have pared debt down to manageable levels, the Federal Reserve Board reported last Friday that consumer credit grew at a 2.7 per cent annual rate in September. It was theNYT - 554 words
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385 1992-11-09 6 UPI NEW YORK American International Group, the largest underwriter of commercial and industrial insurance in the US, has reported an 8 per cent drop in net income for the third quarter to U*****.6 million (SsssB million), or US$l.62 a share, fromUPI - 385 words
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267 1992-11-09 7 Sob Tiang Keng - Discount Corporation of New York Futures staff join Barclays unit By Sob Tiang Keng SINGAPORE BZW Futures, recently granted clearing membership of the Singapore International Monetary Exchange (Simex), has recruited a 25-member trading and sales team from another futures firm here. The team267 words
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203 1992-11-09 7 AFP CANBERRA Westpac Banking Corp is "essentially sound". Treasurer John Dawkins said yesterday, two days after the Australian Securities Commission (ASC) and Australian Stock Exchange (ASX) said they were reviewing the bank's operations. Interviewed for commercial television's Sunday programme, the Australian Finance Minister dismissed marketAFP - 203 words
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SMALL CHANGE
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73 1992-11-09 7 SEOUL South Korea will stay on the course of gradual financial market liberalisation, but it has much to learn from the experiences of Latin America, Germany and other countries, officials and experts agree. Finance Minister Rhee Yong Man told an international seminar which ended73 words
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Article82 1992-11-09 7 BEIJING China's foreign exchange reserves rose to US$45.l billion (5573.5 billion) in the first half of the year, the equivalent of about eight months' imports, an official newspaper reported yesterday. The reserves rose US$2.4 billion from the end of last year, the China Daily said. State82 words
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Article70 1992-11-09 7 TOKYO Major Japanese commercial banks and long-term credit banks will ask Thai government and central bank officials for permission to open branches in the country, the Nihon Keizai newspaper said. If the request is approved, they are likely to set up branches in the country by70 words
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86 1992-11-09 7 TOKYO Japan will resume yen-denominated loans to Iran for the first time in 17 years, the Nihon Keizai newspaper said. Japan will soon extend a little over 30 billion yen (*****.7 million) to Iran to help the country finance the construction of an86 words
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Article, Illustration306 1992-11-09 7 Government to introduce legislation: Treasurer AFP CANBERRA The Australian government will bring in legislation to force banks to reduce the interest charged on credit cards. Treasurer John Dawkins said yesterday. Mr Dawkins told a television interviewer he would consult with banks and consumersAFP - 306 words
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Page 6 Advertisements
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Advertisement998 1992-11-09 6 This announcement appears as a matter of record only. DHANA SIAM FINANCE AND SECURITIES CO., LTD. U5540,000,000 LOAN FACILITY Lenders United Overseas Bank Limited Bayerische Landesbank Girozentrale, Singapore Branch The Kwangtung Provincial Bank, ngapore Branch Sakura Merchant Bank (Singapore) Limited Societe Generale The Sumitomo Trust and Banking Company, Limited, Singapore998 words
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Page 7 Advertisements
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Advertisement82 1992-11-09 7 Personal touchGracious living, Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Supci;b amenities for recreation, entertainment, dining out anil shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all. that warm family atmosphere to82 words
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Advertisement44 1992-11-09 7 I ho Mitsubishi Blood-rushing nm io-compineriscd dn\ m.u technoloi;\ Surrounded by 3-litre In\ur\ and sophisticated comlort sensors More than we vould e\ei describe in one advertisement. ami more than viunl reasonablv e\peet Irom SIIS. SSS uliuh means t i test drive is iranklv inevitable.44 words
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THE REGION
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NOTE BOOK
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98 1992-11-09 8 BANGKOK Thailand's central bank predicted in a report last week that next year's rate of inflation will be 4.7 per cent and the current account deficit will be 7.2 per cent ot gross domestic product. But a senior minister immediately warned that both inflation98 words
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Article75 1992-11-09 8 JAKARTA Germany's Siemens is seeking US$l.3 billion (Ss2.l billion) in loans to finance the development of the Paiton 2 power project in East Java. The Jakarta Post daily last Saturday quoted Tachriel Sapie, vice-president of Siemens' local partner Bimantara Citra, as saying that Siemens was negotiating with75 words
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Article94 1992-11-09 8 HANOI American experts who have spent years searching for clues of US servicemen who never made it home from the Vietnam War say they have found in exhaustive investigations here since 1988 that servicemen described for years by the US media and some senior officials94 words
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Article96 1992-11-09 8 BANGKOK Myanmar will keep up the battle against Karen rebels in spite of a suspension ordered in April, a senior member of Yangon's military junta said, quoted by Myanmar radio. Thai army sources say the Myanmar government has deployed thousands of fresh troops in its eastern96 words
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Article, Illustration361 1992-11-09 8 Softer stand on exiled students Reuter BANGKOK Thailand is to review its policy of "constructive engagement" towards the military junta in Myanmar and will take a softer line on exiled Myanmar students, says a highlyplaced government source. Bangkok has been criticised by Western governments andReuter - 361 words
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208 1992-11-09 8 BANGKOK The Thai Commerce Ministry is devising measures to promote cement exports, including barter trade with its Indochinese neighbours, according to a report in The Nation. Sompol Kiatphaibool, di-rector-general of the Internal trade Department, was quoted last Friday as saying that cement importing countries208 words
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304 1992-11-09 8 BANGKOK The fever of privatisation of power utility sectors in Asia is spreading to the small, formerly socialist country of Laos. One of Laos' key economic policies is to attract private investment to the development of new power generation capacity in the country, with304 words
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Article, Illustration373 1992-11-09 8 Reuter HONGKONG Dedicated socialite David Tang hopes to get communist China's heavy cigarette smokers to switch to cigars. Preferably Havana cigars. He wants to boost annual consumption of cigars in Asia from a current 1.5 million to five million, with booming southernReuter - 373 words
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221 1992-11-09 8 AFP SYDNEY Australia has categorically ruled out building a high-temperature incinerator for chemical waste, only two months after it ran into a storm of protest for shipping toxic waste to France for disposal. Receiving here last Friday the final report of a panel ofAFP - 221 words
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Page 8 Advertisements
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Advertisement232 1992-11-09 8 The symbols for quality and style are easily recognized all over the world. Lufthansa. 4/ jfl ■■P A p JS £9 pT JBSB 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 when232 words
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THE WORLD
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387 1992-11-09 9 Seventy-six companies go bust every day FT LONDON Business failures in England and Wales have reached their highest level since the recession started more than two years ago, with companies collapsing at the rate of 76 a day. Figures for the third quarterFT - 387 words
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421 1992-11-09 9 Reuter LONDON The government's recent switch to a growth stance is likely to dominate next week's Confederation of British Industry (CBI) annual conference, analysts say. The policy vacuum following sterling's crisis and its exit from the European exchange rate mechanism has givenReuter - 421 words
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305 1992-11-09 9 Bloomberg BEIJING The People's Republic of China will soon open part of its potentially huge western inland oil fields to foreign oil exploration, according to the Business Weekly newspaper, published by China Daily. China first allowed exploration by foreignBloomberg - 305 words
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Article, Illustration286 1992-11-09 9 Reuter PRAGUE Alexander Dubcek, leader of the 1968 "Prague Spring" reform movement that was crushed by Soviet bloc armies, died in a hospital here last Saturday, his place in history assured and most of his hopes for democracy fulfilled. "Despite the best available care,Reuter; file picture - 286 words
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WORLD WATCH
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89 1992-11-09 9 BEIJING Admitting that its prized ancient ceramics industry has fallen behind the times, China is now seeking overseas help for its china, the official China Daily said yesterday. It said Chinese ceramics manufacturers, acknowledging their processes have not kept up with modern techniques, were89 words
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Article68 1992-11-09 9 SEOUL Growth in South Korea's gross national product is estimated to have slowed to a real 4.8 per cent in the third quarter from 7.8 per cent a year earlier, its worst performance in 11 years, according to news reports last Saturday. The influential Hankook68 words
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Article91 1992-11-09 9 TAIPEI Taiwan retained one of the highest sovereign debt ratings in Asia in the latest evaluation by Standard and Poor's Corp, says a leading financial newspaper. The international ratings agency affirmed Taiwan's implied ratings of AA-I-plus for long-term debt and A-l-plus-I for short-term debt, the91 words
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Article90 1992-11-09 9 TAIPEI A German-Taiwanese consortium plans to invest NT$6B billion (554.4 billion) to build industrial zones in western Taiwan, say government and company officials. They would be the first industrial zones built by foreign companies in the island, an official of the government's Industrial Development Bureau90 words
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Article97 1992-11-09 9 WASHINGTON Telephone fraud is reaching enormous proportions in the US, costing companies hundreds of millions of dollars each year, experts say. The fraud is even more frightening because there is no failsafe way of keeping sophisticated computer hackers away from their prey, experts told a97 words
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Page 9 Advertisements
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Advertisement306 1992-11-09 9 <>«.»■ 'fiim iriM Kr m s HW BP ■rr m H V v iießlliihtL i tat yil m Mr ■■■MrhfTlii m 1 1 V fcj B\l E 1 k (V- |V v -j Ik il Sk v .wl W WWSm V An entire gallery nf miniature art pieces. Just $53.306 words
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Page 10 Advertisements
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Advertisement1327 1992-11-09 10 Nothing Beats A Bud-iftffirfll where to wine, dine KARAOKE I It's your very own Karaoke party! King's Hotel has come up with a I Daily Karaoke package for groups of 10*200 people from 12 noon I to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks during1,327 words
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Page 10 Miscellaneous
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Miscellaneous713 1992-11-09 10 TELEVISION AND RADIO y\l*ACl^Pr > i"C SBCI2 100 Mtoki(Stereo). &30 BaaMcflß(Cartoon). BUSINESS ON RADIO I .111 II II V 111 I I>UCV.L3 7.25 P* Opening followed by MO Hal 1m (M. Stem* 6.00 Rational Nam (M) BSC, 88.9 mHI in VHF Band II VyAV7 WV *J pan Business Today. 6.30713 words
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THE ARTS
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Article674 1992-11-09 11 Anita Snow - Great literature by little-known Latin American women writers has been compiled into an anthology. Anita Snow interviews the people behind the book s publication Anita Snow AP Among the names that come to mind when one thinks of Latin American writers are Gabriel Garcia Marquez, Carlos Fuentes andAP - 674 words
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Article335 1992-11-09 11 Reuter A FLOATING theatre called the Ark will grace Antwerp's left bank next year when the port city takes over from Barcelona as Europe's culture capital. The Ark is being converted from an old chemical barge and is one of a string of projectsReuter - 335 words
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Page 11 Advertisements
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Advertisement199 1992-11-09 11 frc AND ENTERTAIN of asa sas I de^ WE'RE GOING DOWN UNDER This week, Australian cuisine e( takes centrestage at our dinner buffet. All prepared with the freshest pi air flown ingredients. tu At Cafe-iB-tbe-Pfcrk from 9 to 14 November 1992. $24.00+ per aduH $12++ per child t nbiu rail199 words
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Advertisement276 1992-11-09 11 NOTICES LIQUOR LICENCE NOTICE NOTICE LS HEREBY GIVEN that, 1, Chia Mee Ri of Blk 16 #05-128 Holland Drive, Singapore 1027, have applied for a Retail Beer Shop licence in respect of premises at M/s M&RTrading at Blk 645 #01-328 Yishun Street 61, Singapore 2776 and that this application will276 words
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Advertisement536 1992-11-09 11 Women's Writing in Latin America was published by Westview Press and sells in the US for a suggested retail price of U5517.95 (about Ss29). nThe Grand Hyatt is undoubtedly one of the world's finest hotels. Located at the heart of Jakarta's key business district, it rises out of 3 hec536 words
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Advertisement462 1992-11-09 11 j Assorted cold cuts 3 7 Shark's fin w/crab a Im meat a Steamed chicken w/Broccoh t tii pi Iff mr *~i 1 jj Red fish w/soya K bean crumb Prawns in two flavours a •{S2«*diwei*y Pork rib w/sweet j ln tfiKt ft sour in pineapple 3 I e **2sW*462 words
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ANALYSIS
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Article, Illustration1026 1992-11-09 12 Yang Razali Kassim - The Malaysian prime minister has thrown up the suggestion that his deputy might not necessarily be his successor. This has added to the behind-the-scenes jostling by some Umno leaders. Yang Razali Kassim reports Yang Razali Kassim The writer, a senior BT correspondent, is on assignment in Kuala1,026 words
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Article, Illustration767 1992-11-09 12 Gerald Segal - Gerald Segal ponders whether the US will turn protectionist, whether it will cut its forces in East Asia and whether it will revoke China's most-favoured-nation status Gerald Segal The writer, a senior fellow at the International Institute For Strategic Studies In London and767 words
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Page 12 Advertisements
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Advertisement45 1992-11-09 12 ,y »a ■dFyy' Jt r vmUtGI ii ik' if AaMHt f* jj^^lv^&pßrfflErCMi^vx!- 'Jm*?rt ,fcliMß>bt pH^r yfSm M i 0 r m ft j| I jfljß IT TAKES EIGHT WEEKS TO MAKE AND IS GUARANTEED TO LAST A LIFETIME. HOW CAN YOU LOSE? <t> PARKER DUOFOLD45 words
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ENTERPRISE & MANAGEMENT 1
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Article, Illustration1062 1992-11-09 13 Anna Teo - The best formal education and training cannot produce a first-class workforce. Fumio Ohtsubo, who runs one of Singapore's largest Japanese companies, tells Anna Teo what else is needed Anna Teo Fumio ohtsubo is frank when asked to evaluate the Singapore worker. The average assembly worker at1,062 words
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Article491 1992-11-09 13 WHEN Fumio Ohtsubo was assigned from Osaka to Matsushita Electronics Singapore (Mesa) in early 1989, his boss set him a clear goal: turn Mesa from a labour-in-tensive company into the most advanced plant in South-east Asia. Before the year was up, Mr Ohtsubo introduced what's called491 words
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Article, Illustration559 1992-11-09 14 Helen Chang - Helen Chang on why Aussie outplacement firm D&A has decided to set up its first overseas branch in Singapore rather than Hongkong Helen Chang AN Australian outplacement firm used by companies to help retrenched workers plans to set up an office in Singapore, betting on the Republic's559 words
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Article, Illustration564 1992-11-09 14 ASAD JUMABHOY has been appointed the director of the Jumabhoy family's business interests in retail and distribution. In his new capacity, Mr Jumabhoy will have the overall responsibility for retail and distribution activities of Scotts Weitnauer Retailing, Travellers Duty free, Aliph Holdings and Connoiseurs Pte Ltd which includes564 words
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Page 13 Advertisements
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Advertisement75 1992-11-09 13 f Ocean Towers 20 Raffles Place Tower Of Efficiency Designed To Optimise Space Provision of covered driveway, extending from the lobby Virtually column-free office floors Flushed-floor trunking system Computerised building management Ample carpark lots Sheltered link to the Raffles Place MRT VVMiI 1V f!IjIWJ OceanProDerties Pte Ltd STOMFSMANSFIELD -TEL: *****5175 words
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Page 14 Advertisements
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Advertisement506 1992-11-09 14 One more morning no You probably already know we have from to may know we have an extra every you now have a no less than five daily flights: 800, 10 45, 20.10. yb On each you'll be able to our in-flight service and delicious international Indonesian cuisine, whether Class506 words
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Advertisement37 1992-11-09 14 The Durffee personality is fully aware of the 0 multifarious dimensions of life, and appreciate /g that it is exactly these experiences of laughter and tears that bring meaning to life. DURFFEE unoerstands the mean|ng f t,me-37 words
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SPORTS
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Article, Illustration485 1992-11-09 15 World Cup of Golf AP MADRID Fred Couples overshot the 18th green and took a bogey-five on Saturday, enabling defending champion Sweden to pull within one shot of the frontrunning US team after three J rounds of the US$l.l million iJ!(SSI.7 million) WorldAP - 485 words
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Article228 1992-11-09 15 AFP ADELAIDE Austrian Gerhard Berger, driving a McLaren, won the Australian Grand Prix motor race yesterday, the last race of the 1992 season and Berger's second victory this year. Michael Schumacher of Germany was second in a Benetton and team-mate Martin Brundle of Britain wasAFP - 228 words
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292 1992-11-09 15 AFP KIEL, Germany Rodney Martin and Chris Dittmar were to clash in a showdown between two Australian squash greats in yesterday's final of the European Open. Martin, last year's World Open champion, beat Englishman Chris Walker 15-7,15-13, 15-6 and Dittmar, fiveAFP - 292 words
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SIDE LINES
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92 1992-11-09 15 STATELINE, Nevada Azumah Nelson knocked down challenger Calvin Grove in the first round but had to settle for an unanimous decision to retain his World Boxing Council super featherweight championship over a lightly regarded challenger. Nelson, 36-2-1 with 26 knockouts, dropped Grove midway92 words
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Article75 1992-11-09 15 COUNTRYSIDE, Illinois Top seed Bjorn Borg of Sweden defeated American Peter Fleming 6-4, 6-3 in semi-final play on Saturday at the US$lOO,OOO Advanta Tour of Chicago, setting up a re-match with 1979 Wimbledon finals opponent Roscoe Tanner. Tanner beat Eddie Dibbs of Miami Beach, 6-1, 6-7, 7-6.75 words
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Article97 1992-11-09 15 HONOLULU Chi Chi Rodriguez shot a 4-under-par 68 on Saturday to grab a one-stroke lead going into the last round of the Senior Invitational at Ko Olina Resort. The 57-year-old Rodriguez, who ranks fourth on the senior tour's all-time money list, has yet to win a97 words
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Article100 1992-11-09 15 OAKLAND, California Top-seeded Monica Seles battled her way to a ninth successive final by claiming a 6-2 6-3 victory over third-seeded Anke Huber Saturday in the U*****,000 Bank of the West Classic. The match came down to a handful of important points with Seles coming up100 words
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Article168 1992-11-09 15 BRISTOL, England South Africa's backs, having spared their forwards' blushes against the Midlands in midweek, came up trumps again here on Saturday to clinch a hardfought 20-16 win over England B. Wing Jacques Olivier scored the crucial try that turned the game when England B were leading 11-8168 words
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Page 15 Advertisements
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Advertisement274 1992-11-09 15 NOTICES NAMYANQ BRICK WORKS (PRIVATE) LIMITED (Incorporated irt the Republic of Singapore) |Mintf VolunUrtly Wlndktg-up) NOTICE IS HEREBY GIVEN that pursuant to Section 306 ol tha Companies Act, Cap. SO, tha Final General Maating at tha Company •hall ba held at 38-8 Hona Kong Straat, Slngapora 0105 on 12 December274 words
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Advertisement356 1992-11-09 15 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, OngPohChoo of 16 Leedon Heights #01-05, Singapore 1026 have applied for a Wholesale Liquor licence in respect of premises at M/s Colette Trading at 16 Leedon Heights #01-05 Singapore 1026, and that this application will be heard in Court No. 1,356 words
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Advertisement299 1992-11-09 15 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF DEEN'S ORCHID PROPERTIES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the abovenaraed Company duly convened and held at 50 Cuscaden Road #0801 HPL House Singapore 1024 on the November 4 1992299 words
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Advertisement404 1992-11-09 15 50...Y0u Want An Yes, we are talking about the Our people know irons. irons (1 to 10) you need in golf AT DAM VA/CQT At least the driver is but one club, Al rAIN-WCOI but with the irons, there are in fact We represent many, mony brands 10 of them.404 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4553 1992-11-09 16 Paul Leo - By Paul Leo EXPECTATIONS about the impact of the US presidential elections and continued optimism over the pro-business Malaysian Budget dominated activity on the local bourse last week. Blue chips were the biggest gainers in the runup to the US presidential election on Nov4,553 words
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Page 16 Advertisements
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Advertisement56 1992-11-09 16 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 *****88/*****8856 words
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Article3375 1992-11-09 17 SIA Foreign 1630 +130 *8.7% DBS Foreign 1280 +100 +8.5% Robinson 720 +85 +13.4% DBS 1150 60 5.5% OCBC F Rts 655 +55 +9.2% K Kellas 25p 190 +50 135.7% OUE 675 +45 +7.1% Asia Pacific 1030 40 4.0% Scmb Shipyard 780 +35 +4.7% UOB3,375 words
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Page 17 Advertisements
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Advertisement179 1992-11-09 17 i YOUR VERY OWN HASSLE-FREE ELECTRONIC NEWS-ftIPPINOSERVjCE! If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of Oft/f $250 per month, you and your company can Singapore Clob International are important to you and your business, then SPH subscribe to this specialised179 words
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Article3491 1992-11-09 18 Dun lop Est CULS 590 +196 +49/7% Dunlop Est 605 +195 4 Magnum Corp 50« 745 +95 +14.6% Gentings 50« 980 +85 +9.5% Multi-Purpose 155 +69'/; GIL US$0.10 149 42 3 9J% YTL Corpn 50* 274 36 Kamunting 50* 85'/ +34'/, +67.6% H Leong Credit3,491 words
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Page 18 Advertisements
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Advertisement356 1992-11-09 18 NOTICES IN THE MATTER Of THE COMPANIES ACT, CAP. SO ANO IN THE MATTER Of XXVI INTERNATIONAL CONGRESS Of OPHTALMOLOGV PTE LTD (In M«mto«r» Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act. Chapter 50, that a Final General Meeting of the abovenemed Company will356 words
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Advertisement358 1992-11-09 18 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN dm. I.TmChinTiun of BlkBsAToaPayoh Lor. 4 #17-308, Singapore 1231, have applied for a Beer House, First Class licence in respect of premises at M/s Hokkien Tsing Tao ResUurant at 513 Geylang Road, Singapore 1438 and that this application will be heard in Court358 words
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Advertisement324 1992-11-09 18 CATHAY HOLDINGS PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovanamed Company ara required on or before the 9th day of December 1992. to send their names and addresaes. with particulars of thaw debts or claims, and tha namaa and addresses of thair solicitors324 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5679 1992-11-09 19 Bernama BULLS dominated trading on the Kuala Lumpur Stock Exchange last week, chasing prices up sharply and lifting the benchmark Composite Index and volumes to unprecedented highs. Sentiment was charged by improved fundamentals, including the favourable outlook of the country's economy and the "kind"Bernama - 5,679 words
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BT SHARE INFORMATION SERVICE
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Article225 1992-11-09 20 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) SPH Nov 6 Aug 92 $186.682($153.802) 76*62 6) 27(25) GKGoh Nov 3 ton 92 $8.582($10.107) 4 3(5 1) 10(10) Jaya Hldgs Nov 3 Jon 92 $7.093($8.573) 11 IW( 5!l( Scotts Htdgs Nov225 words
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Article112 1992-11-09 20 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ("000) (cents) Faber Nov 2 Jun 92 M$33.305(M$32.435) 3.9(86) > H Leong Credit Nov 2 Jun 92 MS52.725(M$38 978) 24 1(21 5) 9(9) Renong Nov 2 Jun 92 MJ111.549(M$80.650) 77(56) Uniphoemx Nov 2 Jul112 words
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Article222 1992-11-09 20 Company Date Half-year Group Net Interim ann to profit/loss dividend (000) Rothmans M Nov 2 Sep 92 60(50) As*a Pac Land Oct 29 Jul 92 M$8,321(M$5.367) 2(2) Esso Oct 29 Jun 92 MJ37.500(M$72.200> 20(20) Heua Oct 29 Jul 92 M$1,136(M$83L) LKH Oct 27 Jul 92 $2.519($3.105) Metroplex Oct222 words
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Article191 1992-11-09 20 Main Board Last Full Year Forecast Date Met Net Profit EPS amcd Tear EPS Gross profit Range Range Company Period test jr ending (cts) dn 000) (SSm) (cts) Marco Poto F Nov 18 Dec 92 1 8 1.5 4,925 4 5- 75 1.2-2 0 Tines Pob F Nov191 words
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Article690 1992-11-09 20 Main Board Last Full Year Company Period Date Year EPS Cross Net announced ending (cts) dm profit last year (SS 000) EMS Final Nov 6 Jul 91 30TE 17.878L Kings Interim Sep 10 Dec 92 5.3 50 4.436 Ctaa Ind Interim Nov 4 Mar 93 40 8690 words
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Article790 1992-11-09 20 Current Ex Books Date Total for Total for payment date close payable the year last year Bedford 50c 1". Nov 2 Nov 16 Dec 7 2% BMT J10 100", Nov 12 Nov 24 Nov 26 140 9% 150% Boustead 50c 10% Nov 20 Dec 4 Dec 30 175%790 words
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Article705 1992-11-09 20 Nov 4 Scotts Hokfings Ltd has bought a 56-unit freehold serviced apartment building in central London for £11.8 million (5529.5 million). Pacific Can Investment Hokfings announced that it is selling its entire stake in Van Der Horst Ltd. Kay Hian James Capel Holdings Ltd has increased the share705 words
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Article398 1992-11-09 20 Company Rights Issue Guthrie GTS Onetoi one JO 23 per share Ex-date Nov 26 Books close Dec 8 Acceptance Payment NYA 0C8C One lor five (3 00 per local share One lor live $4 19 per foreign share Ex4ate: Oct 8 Books close Oct 20 Acceptance Payment Nov398 words
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Article446 1992-11-09 20 Company Rights Issue Wanee Itch Onefor-one fe SI 00 P« share Aral Steel One for three fei MJ2 20 per share Issue of *****m 50% Cumulative Redeemable Preterence shares of 10 sen each 1992, 97 (CRPS) with up to *****m Transferable Subscription Rights (TSR) tor an aggregate price446 words
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Article212 1992-11-09 20 Irmo-Pacific Hoidnp Ltd: meeting of the Holders of Loan Stock at The Amara Hotel. Ballroom 1, Level 3, 165 Tanjong Pagar Road, Singapore 0208, onMonday. November 9, at 9.30 am Tuan Sng HokSnp Ltd: EGM at the Gemini Room. Ist Level, Manna Mandarin Singapore. 6 Raffles Boulevard, Marina212 words
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Article190 1992-11-09 20 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (IDP) (ST) starts Bonvests Nov 9 Dec 3 Nov 23 Dcc 3 Dec 4 Cerebos Oct 16 Nov 12 Nov 2 Nov 12 Nov 13 Chemical Ind Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 CK190 words
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Article151 1992-11-09 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hifh: 1316.68 (21/2/92) 1992 h«h: 1545.92 (27/1/92) 1992 km; 1122.50 (18/8/92) 1992 low; 1310.95 (18/8/92) 1991 Nfh: 1333 08 3/6/91) 1991 Nth; 1565.58 (3/6/91); 1991 km-. 1022.52 (16/1/91) 1991 low; 1149.08 (16/1/91>1990 Nfh: 1435.43 (16/7/90) 1990 hifh: 1607.12 (27/3/90 y151 words
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614 1992-11-09 20 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares S Before After Ul Securities 03/11'92 U06 Group B 110,000 88,200 43.303.200 43.70 43.413 200 43 80 Ulteurfe 03/11/92 U0B Life Assurance B 110.000 88.220 70.000 0 00 180.000 0 00 Ul Securities614 words
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336 1992-11-09 20 In local ctht In S$ In US$ dy S >t S d> >t dy yr Nov 5 Index chge chge chge chge chge chge World 381.5 -0.1 -6.6 0.0 -8.7 -0.5 -9.3 World 448 ,0.2 -10.8 -0.3 -14.2 -0 8 -14.7 TuVodc .....413.7 0.2 0.6336 words
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MARKET REVIEWS
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Article, Illustration801 1992-11-09 21 FT NEW YORK POOR OLD George Bush. Not only did he lose his job last week, but no sooner was he voted out of office than the economic statistics started going the president's way what will be President Bill Clinton'sFT - 801 words
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244 1992-11-09 21 AFP »> TOKYO SHARE PRICES ended mixed in lukewarm trading on the Tokyo Stock Exchange last week amid persistent concerns over Japan's economic doldrums, dealers said. The Nikkei Stock Average of 225 blue chip issues finished at 16,869.81 on Friday, up 102.41 or 0.6AFP - 244 words
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257 1992-11-09 21 Sun Hung Kai Research HONGKONG THE MARKET continued to attract buying interest from both institutional and individual investors, and closed at a record high of 6,437 on Thursday before easing to end the week at 6,315, up 125 points. The victory of Bill ClintonSun Hung Kai Research - 257 words
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ASIAN MARKETS ROUNDUP
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Article117 1992-11-09 21 SYDNEY THE Australian stock market «dipped slightly over the week !as Westpac's nine-year low offset the all-time high for News Corp shares. The market indicator, the All Ordinaries Index, closed ;last Friday at 1,423.4 points, !down 2.4 points from the J previous week. The All Industrials gained 6.7 points to117 words
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Article84 1992-11-09 21 AMID low interest rates and stable real estate prices, share prices in South Korea contin- ued their upward swing, adding another 7.9 per cent gain in value during the past week. The Composite Price Index closed Saturday's session at 664.35, up 48.8 points or 7.9 per cent in value84 words
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Article77 1992-11-09 21 THE Stock Exchange of Thailand (SET) Index dropped 3.95 points last Friday, but still gained 2 per cent for the week in heavy trading. The index closed at 959.08 points, up 18.73 points over its finish a week earlier. Daily turnover for the week averaged 380.86 million shares worth77 words
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Article84 1992-11-09 21 SHARE prices on the Taiwan Stock Exchange continued their downward trend last week as most investors stayed away amid uncertain sentiment. Extending a 0.8 per cent loss the preceding week, the 305-issue Weighted Price Index dropped 99.12 points, or 2.7 per cent, to close on Friday at 3,532.61. Average84 words
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Article127 1992-11-09 21 INDIAN stock prices tumbled further last Friday in a bout of panic selling sparked by poor half-yearly results announced in the week by market leader Tata Steel. The Bombay Stock Ex- change's Sensitive Index, which measures the movement of 30 blue chips, lost 182.7 points over the week and127 words
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Article56 1992-11-09 21 A GOVERNMENT decision to allow foreigners to buy up to 49 per cent of bank shares boosted trading on the Jakarta Stock Exchange (JSE) last week. The JSE Index was down 3.042 points over the week to close on Friday at 304.535, but the market had high turnover due56 words
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955 1992-11-09 21 Ray Heath - Political uncertainty gone for the time being LONDON! By Ray Heath BY THE THINNEST of margins. Prime Minister John Major's Conservative Party won through to fight another day in Parliament last week and the stock market breathed again. It was a week when much of the political uncertainty was removed955 words
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Page 21 Advertisements
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Advertisement50 1992-11-09 21 A rare collection for art lovers. I Authentic Colonial Furniture. w PONIIMM LAMA 00 2 Z 'WJ.I CTII HC 1F73 LTID AFFIUATED TO ASIA COLLECTIONS SINGAPORE PTE LTD Open: Monday to Saturday 10.00 am to 6.00pm 49 JALAN PEMIMPIN #01-13 APS BUILDING SINGAPORE 2057 TEL: 353 5988 FAX: 353 603850 words
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WORLD STOCK MARKETS
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Blue chips weighed down by bond market
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Article, Illustration1296 1992-11-09 22 BLUE-CHIP stocks eased on Friday under the burden of a sagging bond market. The Dow Jones Industrial Average closed 3.78 points lower at 3,240.06. Volume was 205 million shares, compared to 220 million on Thursday on the New York Stock Exchange. Advancing issues led declines 901 to 873.1,296 words
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Article, Illustration768 1992-11-09 22 SHARES fell in trading on the London Stock Exchange on Friday as the markets assessed the possibility of a full-blown trade war between Europe and the United States. At the close, the FT-SE Index of 100 leading shares was down 8.4 points on the day at 2,702.7 pence while768 words
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Article314 1992-11-09 22 GERMAN shares ended a quiet session slightly higher on Friday, boosted by a smattering of buying in Schering, Mannesmann and Thyssen. The 30-share DAX Index climbed 6.23 points to 1,487.16. But traders said volume was exceptionally low, and the mood was still depressed by weak German economic data and314 words
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Article308 1992-11-09 22 DUTCH shares ended a slow Friday session mixed, but selective short-cover-ing and dollar strength lent support in the afternoon, traders said. The EOE index finished 1.38 points higher at 277.70, making for a 4.34point gain over the full week. Consumer products group Unilever lost 2.00 guilders to 190.10 after308 words
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Article112 1992-11-09 22 THE Paris bourse finished lower in afternoon trade on Friday. The CAC-40 Index ended 11.08 points or 0.61 per cent down at 1,793.62, relinquishing its hold just above 1,800 acquired on Wednesday. Over the week the index rose 2.93 per cent. Volume was a moderate 2.6 billion francs. Paris112 words
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Article382 1992-11-09 22 ITALIAN shares closed mixed last Friday as excitement over leaked details of the state's alleged privatisation plans later gave way to technical trade before this week's close of the monthly trading account, dealers said. "There was a lot of interest and confusion early on, then it went back to382 words
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Article255 1992-11-09 22 SWISS shares closed higher last Friday but below the day's high. The dollar's rise underpinned sentiment and triggered buying in the pharmaceutical sector, which was led higher by Roche certificates, dealers said. The broad SPI Index added 2.8 points to 1,166.3 after a high of 1,168 in mid-afternoon when255 words
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Article129 1992-11-09 22 SHARES rose in extremely light trading on Friday as many investors stayed sidelined pending US unemployment figures, to be released after the market's close, and ahead of next week's ninemonth earnings reports. The free B-shares of telecommunications firm Ericsson, Friday's most traded share, rose three crowns to 125 on129 words
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Article327 1992-11-09 22 SHARES ended mixed last Friday with firmer bias as the market continued to play the waiting game in line. The Overall Index was eight points higher at 3,033 versus last Friday's 3,017; and the Industrial Index, which closed at 4,013 last week, was up six points to 4,014 on327 words
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Article252 1992-11-09 22 TORONTO stocks ended sharply weaker last Friday as rumours of troubles in the vast Bronfman empire of companies rippled through the market, but traders noted that the market made a half-hearted attempt to recoup losses once the rumours were denied. The TSE-300 Composite Index ended down 28.85 points at252 words
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Article186 1992-11-09 22 Nov 6 Close Pretiotvi NEW YORK IX>w Jones 3.240 06 3.243 84 -3.78 S4P 500 417.57 418.34 -0.77 Turnover (million) 205 220 -15 LONDON FTSE 100 2.702.7 2.71 I.I -8.4 Turnover (million) 651.8 unav FRANKFURT DAX Index 1.487.16 1.***** +6.23 AMSTERDAM EOE Index 277.70 276.32 +1.38 PARIS CAC-40 1.793.62 1.804.70186 words
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Page 22 Advertisements
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Advertisement15 1992-11-09 22 The market report for Brussels was not available. Advertising Marketing in Business Times every Thursday15 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article420 1992-11-09 23 NEW YORK THE US DOLLAR closed on a strong note last Friday, gaining seven pfennigs on the week. Post-elect ion euphoria and perceived narrowing of interest rate differentials underpinned the dollar, dealers said. The dollar's strength was also enhanced by a weakening mark which retreated420 words
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595 1992-11-09 23 HONGKONG Most Asian currencies lost ground against the US dollar in line with the worldwide trend following the election of Bill Clinton in last Tuesday's US presidential election. However, the US election did not have a major impact on all Asian currency595 words
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Article410 1992-11-09 23 t Cross rates Nov 6 i USS SS MS Dm Yen SFr AS NZS USS 1.6300 2.5170 1.5800 123.00 0.6515 1.4180 1.4347 1.9011 SS 0.6135 1.5442 0.9693 75.4601 0.3997 0.8699 0.8802 1.1663 MS 0.3973 0.65 0.6277 48.8677 0.2588 0.5634 0.5700 0.7553 Dm 0.6329 1.0316 1.5930 77.85 0.4123410 words
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Article590 1992-11-09 23 Interbank rates SS Bid Offer Overnight 1 1/2 1 5/8 1-month 11/2 1 5/8 2-month 1 11/16 1 13/16 3-month 1 13/16 1 15/16 Overnight mode: 1-1/8 US$ High Low 7 days 3 1/4 3 3/16 1 month 3 1/4 3 3/16 2 months 3 5/8 3 9/16590 words
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453 1992-11-09 23 Reuter BONN The German government has dismissed suggestions by its chief auditor that spiralling government debt could mean the collapse of the mark and force currency reform. Heinz-Guenter Zavelberg, president of the Federal Audit Office, said in an interview published last Friday thatReuter - 453 words
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Article328 1992-11-09 23 CFTC seeks public comment on proposals Reuter WASHINGTON The Commodity Futures Trading Commission (CFTC) has proposed guidelines for exempting so-called "swaps" and "hybrid" products from commodities law. The agency put the plans out for public comment following a 5-0 vote. The rules essentially spellReuter - 328 words
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520 1992-11-09 23 NYT NEW YORK Rarely have so many bet so much, and with so much borrowed money, as is now being bet on one simple proposition: Short-term interest rates will not rise, or at least will not rise very much. The publicNYT - 520 words
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Article490 1992-11-09 23 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6'/; Allied Irish Bank PLC 6 l /i American Express Bank 6'/i Arab Banking Corp 6'/« Arab Bank PLC 6 Asahi Bank Ltd 6'/« BFCE 6% Ban Hin Lee Berhad 6% Banc a Commerciale 6'/i Banco do Brasil490 words
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Article154 1992-11-09 23 COMEX Nov 6 GOLD FUTURES (100 oz) USS/oz Open High Low Settle Change Nov 92 355.70 -0.50 Dec 337.30 338.20 333.70 336.20 -0.60 Jan 93 336.90 -0.60 Feb 338.70 339.40 335.00 337.60 -0.60 Apr 340.50 340.60 337.00 338.90 -0.60 Jun 341.90 342.20 338.20 340.40 -0.60 Aug 343.00 343.00154 words
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Page 23 Advertisements
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Advertisement8 1992-11-09 23 WBusinessTimesW THE V FOREMOST A FINANCIAL M DAILY8 words
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COMMODITIES
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394 1992-11-09 24 Reuter MOSCOW Russian platinum output will fall as production slides in other sectors of the country's troubled economy, but the industry's long-term chances are good. "The long-term prospects are pretty good, but how soon they will be realised is another question," saidReuter - 394 words
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273 1992-11-09 24 Reuter OSLO Norway says it could veto any future European Community rules on North Sea oil after it joins a new EC-Efta common market but Efta nations like Norway may find such threats toothless. An EC-Efta pact for a European Economic Area (EEA)Reuter - 273 words
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831 1992-11-09 24 REPORTS LONDON: Fears of a trade war between the US and European Community dominated the week, slashing back the gains made on the victory of Bill Clinton in the US presidential election. Brokers fear that the higher US tariffs on EC produce. due to831 words
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Article1316 1992-11-09 24 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 92 145.00 145.00 144.50 1.250 2,500 Jan 93 145.50 144.25 144.75 1.600 4.275 Feb 145.75 144.50 144.75 500 4,750 Mar 146.00 144.50 145.00 325 5.2501,316 words
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Page 24 Advertisements
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Advertisement741 1992-11-09 24 BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734 3698 NOTICE IS HEREBY GIVEN that, I, Ang Jia Fu Jenson of Blk 21 Balam Road #06-200 Singapore 1337, have applied for a Public House/Second Class licence in respect of premises at M/s Seoul Garden Korean Restaurant (B/T) Re741 words
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Advertisement22 1992-11-09 24 N#T SURE WHERE Jm PUT WUR MiNEY? Cict the answer in Personal Investmeni Finance. F.very Saturday in Business l imes. Business Times22 words
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Article1099 1992-11-09 25 City Flight ETA Flight ETD Abu Dhabi GA982 2135 Adola wte SQ228 2040 2 Amsterdam KL838 0040 KL837 1515 SQ324 2345 Auckland NZ25 1530 NZ28 1655 SQ288 2045 Bandar Seri BI421 1105 B1422 0930 Begawan SQ181 1425 BI422 1205 BI429 2030 BI430 2125 Bangkok TG402 08301,099 words
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THE TRAVEL PAGE
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Article, Illustration627 1992-11-09 25 Natasha Brown - LETTER FROM LISBON By Natasha Brown A POPULAR tourist guide describes Lisbon zoo as "one of the least inspiring of European zoos, exhibiting particularly unhappy captives in utterly miserable surroundings". But the zoo has been growing and making profits, in contrast to others such as627 words
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Article152 1992-11-09 25 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1314 1.1473 Canadian dollar 1.2913 1.3175 NZ dollar 0.8480 0.8652 Sterling pound 2.4938 2.5445 US dollar 1.6250 1.6330 Local dollars to 100 units of foreign currency Austrian schilling152 words
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Article77 1992-11-09 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Dec 26- Valencia Valencia. Fena Mueslrano *****6.11.00 Jan 7-10 London Earls Court. National Boat 0784-*****8 Jan 3. International Spain Intcrnacional International London Show. Meadlake 1993 Trade Fair Dc Valencia Boat Show Place. Thorpe I M H (VJH77 words
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Page 25 Advertisements
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Advertisement45 1992-11-09 25 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. W« Km* Europe ho JUrt to Rrmah.45 words
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Advertisement7 1992-11-09 25 Advertising Marketing in Business Times every Thursday7 words
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Advertisement346 1992-11-09 25 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Lai Siew Wah of No. 10 Green Lane Singapore 1543, have applied for a First Class Beer House licence in respect of premises at M/s Wah Wai Eating House at No. 90 Guillemard Road Singapore 1439, and that this application will be346 words
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Advertisement529 1992-11-09 25 WEARNE BROTHERS LIMITED LOST STOCK CERTIFICATES The following stock certificates have been reported lost:Certificate No. Registered Stockholder No. of Stock *****83-5 Lian Fook Yen Mr 1,000 *****83-8 do 200 *****6 -do- 800 Notice is hereby given that replacement stock certificates will be issued and the above lost certificates will be529 words
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Page 25 Miscellaneous
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Miscellaneous300 1992-11-09 25 6 Ran a West London bor- ough by chicanery (6,7) j j 8 Mother with Caledonian MB U U charm JBL—HL-— 9 Sort of glass I had taken to j the Arctic circle (8) 10 Erotic excitement a j 11 Temple where father is p j I j I J300 words
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Miscellaneous166 1992-11-09 25 Singapore Outlook: Showers over several areas in the late morning and early afternoon ReportMaximum temperature 31.6 Assoc humidity 61% Minimum temperature 23.2 Assoc humidity 99% Hours of sunshine 6.60 Rainfall in mm 23.2 Rainfall this month 148.9 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cond. Auckland 19/15 Cloudy166 words
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Miscellaneous30 1992-11-09 25 jjBBtJBSfg fNO HCS GOT TO A ICL£RICPM- eQuwpvi£xr OF) \5 e>^\ < bTOU)OOIM\NG US rN\ I "THROUGH j V 'OQ UNE.S J TMe. g=\NT6jglN fODRy v H>s 8802 NEWSPAPERS LTD IMMM230 words
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550 1992-11-09 26 Reuter BRUSSELS The EC will try today to accelerate the resumption of trade negotiations with Washington to avert a tit-for-tat sanctions battle which could prove disastrous for the ailing world economy. At their regular monthly meeting in Brussels, EC Foreign MinistersReuter - 550 words
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289 1992-11-09 26 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR MALAYSIAN Prime Minister Mahathir Mohamad said yesterday the ruling United Malays National Organisation (Umno) would stick by tradition and his deputy, Abdul Ghafar Baba, would be his successor should he resign. "There is no change in289 words
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258 1992-11-09 26 AFP MANILA Economic growth in South-east Asia is expected to decline slightly to 5.7 per cent this year from 6 per cent in 1991 because of high inflation and interest rates, an Asian Development Bank (ADB) study says. An ADB paper onAFP - 258 words
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Article, Illustration644 1992-11-09 26 MANO SABNANI; MANO SABNANI - The Bottom Line MANO SABNANI MANO SABNANI The writer is managing editor of The Straits Times THE CURRENT low inflation rates in the major industrial economies would have been hailed as a major triumph a few years ago but the present mood of governments is such that644 words
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Page 26 Advertisements
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Advertisement219 1992-11-09 26 Every Saturday in Business Times —n ABAK The office system that changes I when you need (b: Because you seek to manage H ill --a i ~,-v I space with partitioning that can be adjusted horimntalh- Because you desire 1 a unified corporate image yet would like the Jf| if219 words
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Advertisement5 1992-11-09 26 Every Saturday in Business Times5 words
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Shipping Times
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Article, Illustration344 1992-11-09 27 Juliette Walker - Projects must nan on commercial basis, says Lim Boon Heng By Juliette Walker SINGAPORE Senior Minister of State for Trade and Industry Lim Boon Heng commended a proposal to create jobs for local seamen whose high wages have made them uncompetitive. The344 words
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Article, Illustration219 1992-11-09 27 AFP ABU DHABI A US shipping company has announced plans to resume services to Iran after an absence of nearly 13 years caused by the American boycott imposed in the wake of the Islamic revolution. American President Lines (APL) will begin theAFP - 219 words
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1178 1992-11-09 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 5 •ASCL 5 5 ASXCLShpg 15 2 Austorient1,178 words
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394 1992-11-09 27 AFP SYDNEY Asian sailors on ships sailing to Australia are sexually abused, starved or otherwise mistreated by their European officers, a senior Australian MP alleged last weekend. Peter Morris, chairman of the House of Representatives Committee Investigating Ship Safety, said sailors from the Philippines.AFP - 394 words
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264 1992-11-09 27 Reuter JAKARTA South-east Asian countries are bracing themselves for the arrival in their busy sealanes of a Japanese ship loaded with radioactive plutonium after it sailed from France on Saturday. Local officials and environmentalists are worried that the Akatsuki Maru,Reuter - 264 words
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197 1992-11-09 27 AFP JAKARTA Indonesian private company, PT Humpuss, is to double its shipping fleet with the purchase of four new vessels from Japan and Malaysia, the Antara news agency said here on Saturday. The company decided to purchase the ships in anticipationAFP - 197 words
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LOG BOOK
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97 1992-11-09 28 HONGKONG China's regional airlines continue to increase flights into Hongkong, now averaging 30 scheduled and charter services a day. The carriers' Hongkong agent, China National Aviation Corp, plans to add about 20 stafT a year to handle bookings that had increased from US$64 million97 words
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Article130 1992-11-09 28 MANAMA The Saudi Land Transport Company (Mubarrad), which floated its shares in June last year, said on Saturday it made a 3.2 million riyal (S$ 1.39 million) after-tax profit in the first nine months of this year. No direct comparison figures were available for the same130 words
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Article145 1992-11-09 28 LONDON Swedish shipowner Wallenius is understood to be considering replacements to part of its car carrier fleet built in the *****. Shipping sources believe that the company is considering ordering up to five 6,000 vehicle car/truck carriers at a cost of some US$65 million each,145 words
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Article76 1992-11-09 28 SINGAPORE Taiwan's Eva Airways last week took delivery of its first pair of Boeing 747-400 at the Boeing plant in Everett, Seattle. The jumbo jets, equipped with the Traffic Alert and Collision Avoidance System, will seat 358 passengers in a four-class configuration: Super First, Super76 words
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Article102 1992-11-09 28 BONN German shipbuilder Howaldtswerke Deutsche Werft (HDW) has said it increased profits despite difficult trading conditions in its 1991/2 business year, which ended on Sept 30. But spokesman Juergen Rohwedder declined to give a figure saying that the company was still in the process of102 words
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Article, Illustration1147 1992-11-09 28 Jim Mulrenan - Jim Mulrenan analyses the strategy pursued by tanker owner Concordia Maritime Jim Mulrenan Lloyd's List IF ONE of Concordia Maritime's ageing tankers is ever involved in a major pollution incident there will be be little doubt about the company that will be in the firing line.Lloyd's List - 1,147 words
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Article833 1992-11-09 28 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 and833 words
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Article8736 1992-11-09 36 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 Irom the Port of Singapore. LEGEND PN: ship calls at Penang after8,736 words
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SHIPS IN PORT
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Article458 1992-11-09 43 Vessel Voy No Berth Arrival Departure Marina Wharves Batam Baru B194 M03 09.11/0900 1011/2300 Batam Ma.u *****2 M03 0911/1000 1011/0500 Batam Murm *****2 M04 0911/1000 1011/0500 Batam Sayang *****2 M04 0911/1000 1011/0500 Batamindo 1 1267S M02 0911/0800 0911/1900 Btm Bahagia *****2 M03 0911/1000 1011/0500 Garuda G86 M04458 words
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Article1740 1992-11-09 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Containers avalable Ship Voy No Container* avalable Tafcar. IV 4080 00.00 92 0000 Thueringen WM237 COO(EST) 08.1192 0700 Dubai C9227E 07.11.92 0800 Hannover E 11/442 COO(EST) 08.11.92 1500 G Kozintsev 43N 07.11.92 0800 CGM Pasteur 3422 COO(EST) *****21,740 words
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Article812 1992-11-09 44 DRY CARGO freight rates on Thursday were boosted by grain chartering demand following recent Russian and latest Chinese purchases in the US, brokers said. The Baltic Freight Index (BFi) was up five points at 1,124, showing gains on all panamax and most capesize routes. Freight futures reflected the812 words
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Article415 1992-11-09 44 Nov 10 11: Shiprepair and Conversion 92 Conference cum Exhibition to be held at Olympia London, jointly organised by BML Business Meetings Limited (UK) and Petamgas Maritime Services Pte Ltd. For details and registration forms, please contact Petamgas at tel: 223-6118 or fax: 223-9929. Nov 18 19: Ship415 words
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Article, Illustration374 1992-11-09 46 TOKYO Nippon Express Co and Yamato Transport Co squeezed out modest gains in current profit for the half year ended Sep 30 despite a decline in demand and lower freight rates. But earnings for the two trucking leaders may prove to be the brightest374 words
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257 1992-11-09 46 AFP ABUJA African road safety experts, faced with staggering statistics on road deaths in the continent agreed at a recent conference on a series of measures which they hope will reduce the carnage, officials said here. Nigeria has the highest numberAFP - 257 words
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182 1992-11-09 46 UPI SINGAPORE Singapore and Australia agreed during negotiations to increase air traffic between the two countries by 50 per cent over the next three years to boost tourism, trade and travel. The outcome of the talks means there willUPI - 182 words
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Article, Illustration41 1992-11-09 46 CHERBOURG, France One of the controversial containers of plutonium being loaded aboard the Japanese freight Akatsuki Maru in Cherbourg harbour on Saturday. A total of 1.7 tonnes of plutonium will be shipped under tight security from France to Japan.41 words
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Article, Illustration642 1992-11-09 46 NYT NEW YORK Hannes Goetz, the chairman of Swissair, is in a quandary. He heads one of the premier well-run carriers in Europe, with a following of customers much larger than the small size of Switzerland might warrant.NYT - 642 words
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Page 27 Advertisements
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Advertisement33 1992-11-09 27 Stena banks on Concordia, Page 2 Japanese truckers post profits despite slump, Back Page Ums and s«rvlc«t r«prtMnt«d by jt tti jtlrtiy of Accndltod x^w*y for advertising enquiries, contact Shipping Times Tel 740-2089/740-209033 words
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Advertisement219 1992-11-09 27 toe FAMOUS ■iMIIHI* M 4 1833 For more information pleaae refer to Pg. 13 Everything Our Company Stands For Can Fit On The Head Of A Badge. This isn't just a badge. tomer requirements; managing by prevention; Its sales reps juggling phone calls to get producing error-free work; and constantly219 words
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Page 28 Advertisements
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Advertisement81 1992-11-09 28 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the people81 words
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Page 29 Advertisements
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Advertisement2378 1992-11-09 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \lllfr BOOKINGS TEL: *****34 *****58/ *****40 ■VffTXTA^i CFS (PSA F5) TEL: *****21/ *****79 P ***** H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. j A PORT KELANG TEL: *****18 FAX: *****91 *****88 0 r— PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 ■■■mbi Dedicated2,378 words
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Advertisement3354 1992-11-09 29 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT UASC ilk UNITED ARAB SHIPPING CO. (SAG) To US East Coast HL/WH I WC 1 ML I «f I W I UNTO DOM »4 15 11 20,12 22/12 21/12 2V12 11 KHMMH »73,354 words
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Page 30 Advertisements
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Advertisement1473 1992-11-09 30 R DAM. Mfvn VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HAFtVE KITANO 16/145 12/11 28/11 1/12 29/11 1. AU WESTBOLfC THAMES 14/345 14/11 24/11 2/12 5/12 7/12 9/12 PORT RZUM A PENANG ELBE 13/146 19/11 5/12 8/12 6/12 CARGO TO UB/CONTVCXT KATSURAGI 12/346 21/11 1/12 9/121,473 words
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Advertisement467 1992-11-09 30 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, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE NEPTUNE 15/11 POL EAST 19/11 VILLE DE467 words
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Advertisement1540 1992-11-09 30 I mnim~ REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE )^O^iS^FELLHA| NORASIA SUN 9236-3 10/11 2/12 3/12 «/12 9/12 10/12 12/12 12/12 13/12 NORASIA PEARL 9237-3 16/11 08/12 10/12 12/12 13/12 14/12 15/12 15/12 16/12 JAPAN SEA 238W 23/11 14/12 16/12 20/12 21/12 22/12 23/12 23/12 24/121,540 words
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Page 31 Advertisements
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Advertisement2045 1992-11-09 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUE SAtS fill fIU 8 [VI [M UMifll VI I ill] li STRAITS VENTURE V27E Mu»i. lib 09 10 No. 10 Nov 11 Nov KRIS MERUBI VIOt KK. Stan. Taw2,045 words
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Advertisement2850 1992-11-09 31 SINGAPORE AGENT: n ri Af*C p&0 Containers (Singapore Agencies) Pte Ltd VT X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 y CR Number: **********0Z export IMPORT VESSEL VOY FPSO -PKO SM ALG SOU ANT HOT MAM2,850 words
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Page 32 Advertisements
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Advertisement639 1992-11-09 32 AH CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY STOtt ROAM, ADAM HUUtG BREMEN AHTORP MATMUM/33N8 21/12 24/1 29/1 4/2 1/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subfcct to lnduc«m*nl. Also accepting cargo to Caaablanca, Port Said, Port Alexandria, Qanoa, Triaata. AOO ACCEPTING CONVENTIONAL CARGO VIA T/S fO639 words
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Advertisement1491 1992-11-09 32 OHANJIN SHIPPING FDR «L SW LME HAUL LGS OAK FOR VS. SM lift HAUL SAV ID NYC HANJM BREMEN 005E 15/11 OKCI 6/12 9/12 HANAN CHEAJ OWE 9/11 H. BUSAN 125£ 4/12 5/12 20/12 HANJM FELIXSTOWE 015E 22/11 OHECI 13/12 16/12 HJ KWANGTANG 095E 16/11 H. YOKOHAMA 042E 23/12 24/121,491 words
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Advertisement1239 1992-11-09 32 MM9T3V] d-1 rl""T3"3^"l^ |f«i ssr use we me rus wi o» ki au rro uu ck mi rtc lmv mm km tit we no as nu I EGOMGWOS3 10/11 11/1110/11 11/ll 20/11 23/11 24/11 20/11 27/11 20/11 JO/11 11/12 21/12 25/12 27/U 5/1 (/I 7/1 1/1 »/l 10/120/1 2/2 V2|1,239 words
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Page 33 Advertisements
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Advertisement1267 1992-11-09 33 II I] PLEASE DIAL TEL: 278 7800 II AfOAr II FOR ALL bookings (NOL SERVICES) I SINGAPORE CALIFORNIA EXPRESS (SCX) I TO PNW U&AJNULND POINTS I TOCAIIfORHUINUUIO POfWT? -drLdWTTC VU MLB J U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI1,267 words
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Advertisement374 1992-11-09 33 CENTENARY SHIPPING SERVICE WEEKLY FULL CONTAINER DIRECT SERVICE SINGAPORE/HO CHI MINH CITY Now providing Container Trucking L from Ho Chi Mlnh Qty VESSEL'S NAME VOY. NBR ETA/P S PORE ETA/P HOP CITY TANAH AIR 65N/S 16-16 NOV 19-20 NOV 92 TANAH AIR 66N/S 23-23 NOV 26-26 NOV 92 TANAH AIR374 words
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Advertisement182 1992-11-09 33 NIPPON EXPRESS I a Arrow International Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA, NAGOYA. KAOSHIUNG HONG KONG, BANGKOK. KEELUNG, KOBE U.S./AUSTRALIA WEEKLY LOS ANGELES (LONG BEACH). NEW YORK CHICAGO. SYDNEY. MELBOURNE EUROPE WEEKLY FELIXSTOWE. ROTTERDAM. HAMBURG DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS SERVICE TP WEST182 words
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Advertisement1208 1992-11-09 33 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 EASTBOUND—OttCHAaONG WESTBOUW-LOAONG TRANSHPPED VIA ROTTERDAM1,208 words
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Page 34 Advertisements
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Advertisement1721 1992-11-09 34 KT W* AS AGENTS: KAWASAKI SINGAPORE (PTEI LTD ICR No: **********0 M) W W TEL; *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 I I I f%| mi MALAYSIA: 'K'LINE MARITIME (MALAYSIA) SDN BHD 1 ABb ■M A 1 MmJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■1 KAWASAKI KISEN KAISHA,1,721 words
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Advertisement852 1992-11-09 34 PHIUORItNT UN€5 PTi LTD VlOB Robinson Road #07-00 GMG Building Singapore 0106 TeJ: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU i-Ha MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION SS i uxmuiMmunuAiavicimHiarK l~[ 8 NOV SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 8 NOV852 words
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Advertisement315 1992-11-09 34 GOLDEN LINE V: VgsV GUAM GUAN SHIPPING UXv<\ (PTE) LTD WN 23, TtM b* Strnt SMGAPGK 0104 TEL: *****11 (10 IKS) Far *****04 (C« Nt **********0N) mum/mimi cult mktict S port P Mang Penang COLOO) SIM Karachi Dubai Damnum 14/ li Nm eOUXN HMWSI Karachi Dutai/Daflmam 26/21 Not CHINA gWB315 words
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Page 35 Advertisements
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Advertisement1066 1992-11-09 35 agggPff PACIFIC INTERNATIONAL LINES (PTE) LTD V MIHV 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I vessel voy SIN bkk sin VESBEL VOY SIN JKT SIN KOTA BINTANQ KBT42N 10/11 U/11 17/11 KOTA INDAH 451 In Pt 11/11 15/111,066 words
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Advertisement1469 1992-11-09 35 EXPRESS CONTAINER SERVICE 10 CK-NORTH CONTINEM-SCANDINAVIA WEEKLY P p GUDANG PENANG PKELANG OCEAN VSI/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 6/11 6/11 7/11 BENALDER 2442 10/11 27/11 29/11 30/11 2/12 E 13/11 13/11 14/11 TOYAMA 2452 17/1J 47J2 6M2 7/12 9/12 p IoTTi 20/11 21/11 AROSIA 24621,469 words
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Advertisement285 1992-11-09 35 °BSA° TRANSPORTATION M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.KI| Pen P.Gdg pagan vitsw h Pt HP A AN VIB4W 17/21 No* PAGAN VIS9W 24/26 Nov NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 26 Nov Lagos 19 D«c Pt285 words
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Page 37 Advertisements
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Advertisement49 1992-11-09 37 1/C VISA FREIGHT SERVICES PTE LTD Established Since 1984 AUCKLAND SYDNEY IMPORT j* EXPORT HELBOURNE FffIMAOTLE l SERVICES y FOR BOOKING at 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 FAX: *****86 FAX: *****3749 words
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Page 38 Advertisements
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Advertisement2299 1992-11-09 38 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Gun Gutn Skipping Sin BM Chung CMao Skipping Sin Bkd P.T. Ghkal Petra Indonesia Maritime Costar Shipping Pte Ltd Skipping Fretgkt InUk C«rtr» $4»BM 58 Persian Raja Muda Musa Lot 3.34. 3rd Flow. Jl IR H Juanda 111/142,299 words
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Advertisement308 1992-11-09 38 SAMUOBU MDONESU (S) PTC LTD 15 McCALLUM STREET #03-01/02 NATWEBT CENTRE Slngapon 0101 Tatax: R*****0 Tafc ******1-3 Faic 225 4030, *****3* FOR BOOKINGS CALL DWECT ONE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 901 IN PT 12/11 (THU) DERAJAT 1007 10/11 (TUE) 13/11 |FR|) MERKUR DELTA 947308 words
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Page 39 Advertisements
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Advertisement635 1992-11-09 39 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIM ASSOL/PIREAUS 15/tl ROTTERDAM 15/TI HAIFA/ASHDOD/ALEXANDRIA 15/11 HAMBURG/BREMEN 15/11 MARSEILLE/FRANCE 15/11 FELIXSTOWE/UK 15/tl BARCELONA/SPAIN 15/TI LEHAVRE/ANTWERP 15/11 GENOA/ITALY 15/TI GOTHENBURG/SCANDINAVIA 15/TI LOS ANGELES/WC/IPI 15/TI SYDNEY/MELBOURNE 10/TI NEW YORK/EC 15/TI FREMANTLE/ADELAIDE 12/TI VANCOOVER 15/11635 words
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Advertisement766 1992-11-09 39 f33 RICHFIELD MARINE AGENCIES (S) PTE LTD St\ TEL: *****33 (12 Lines) FAX: *****15/*****03 KH| TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOr ETA LOADING FOR SPORE ABBAY WONZ 34W8 06/1? DARESSALAAM MOMBASA DJIBOUTI ASSAB MASS AW A NETSANET766 words
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Advertisement889 1992-11-09 39 JAKARTA BANGKOK w I m~\ l«m l„ I —ri. I 23 NANA BHUM IMS 10_JJ 13/11 WRA BHUM* 25N Mon H PT Thu 12/11 MTI BHUM MS 12/11 15/11 PITA BHUM# 258N Tut 10/11 fri 13/11 BENM BUM 52S 14/11 17/11 MAHA BHUM# 132 M Wed 11/11 Sun 15/11 NANA889 words
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Page 40 Advertisements
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Advertisement1458 1992-11-09 40 fItAfIMAC-NELS GROUPAGg^ IPENANG: (04) *****6 SIBU: (084) *****9 KUdkfrJQ: (032)4^4433 VJ v P.KELANG: (03) *****77 JAKARTA: (21) W8?432 (31) 7 9 7 ?p.J HKG/TWN/BKK GOTH/U.K MED PQRTS> fi PEN PKL SIN PEN ',PK ruS| 8/11 9/11 10/11 Hong Kong Ldn/Flx/Rdm/totAlllf "12/11 ''13/11* 14/11 w 11/11 12/11 13/11 Hong Kong G'burg/C'hagen/S'hoWOslo1,458 words
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Advertisement356 1992-11-09 40 "lE* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS S IN AKL LYT SIN PROSKCT 21S 10/11 21/11 23/11 10/12 N Z STAR 0532* 17/11 23/11 1/12 17/12 PftEMER 21S 30/11 12/12 14/12 30/12 WITH OPPORTUNITY TO CALL TOWNSVILLE i APOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING356 words
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Advertisement1184 1992-11-09 40 f THONG SOON UWES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 1 CONVENYI6NAL/C6WTAIwBh MHVteK 1 SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL \m IS'POIE IDEST VESSEL VOY SPORE P. KUAWC1,184 words
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Page 41 Advertisements
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Advertisement813 1992-11-09 41 COMPANIA PERUANA DE VAPORES X "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAW, HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BHL OF LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA. MOJI. TOKYO*, MANILA*, DAVAO*, Penanf* P. KeUnj Sinfapore813 words
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Advertisement616 1992-11-09 41 |CZ3 ziw Fwl Coßtalatr Sbtvlcb LAmJ N.AMERICA CARRIBEAN SERVICES ttSSEI VOY SW WHIP VOT LAI AST SAV HTC HI M ELAT 71£ 20/11 ZM BUIA 37E 20/12 29/12 2/1 4/1 (/I ZM TOKYO 7<E 2/12 2N HKONG X 30/12 1/1 12/1 14/1 lt/1 ZM OSAKA 241 t/12 ZM SAVAMUM 39(616 words
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Advertisement633 1992-11-09 41 9 r^HHIBj SEMI-CONTAINER FIXED DAILY SCHEDULE NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLANG *0Y ETDPK6 IT* Ml [H» M/V UONA M7l 15/11 19/11 23/11 M/V UOM* n/2 M/U Zt/11 J/12 M/V LEONA n/3 1/12 7/12 11/12 s P eeda Lines yT' rrr fl/ raria«E/sTOK/80.**«./roiTklam VOY ETC KG If*633 words
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Advertisement400 1992-11-09 41 ■I liiumsiillMMM I i MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA G_ ALSO CALLINC 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/ J BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAKO BOOKING400 words
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Advertisement343 1992-11-09 41 SjN FAR EAST 17/11 KEELUNG/KAOHSIUNG 15/11 BANGKOK 13/11 MANILA/CEBU 15/11 JAKARTA/BELAWAN/SURABAYA 16/11 PORT KELANG/PENANG/E. MALAYSIA 16/11 BUSAN 15/11 TOKYO/YOKO/KOBE/NGO/OSA 16/11 HONG KONG SIN CHINA (*S*±B*n) 16/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 14/11 LDN/FLX/LVP/SOU 14/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 15/11343 words
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Page 42 Advertisements
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Advertisement759 1992-11-09 42 ECONOLINES f 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 carry ing your with in house customs service and Routier goods from door to door trucks for home deliveries759 words
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Advertisement478 1992-11-09 42 Eonterm! w CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 10TH NOVEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 15 NOV JAKARTA 15 NOV PENANG 12 NOV PORT KELANG 16 NOV MELBOURNE 18 NOV SYDNEY 18 NOV FREMANTLE 12 NOV BRISBANE 15 NOV HAMBURG 14 NOV FELIXSTOWE 14 NOV GOTHENBURG 14478 words
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Advertisement918 1992-11-09 42 This Week's Sailings I To- ETD To! ETD Singapore Singapore EVERY FVERY Bangkok WED SUN Hamburg SAT EVERY EVERY J Manila FRI MON Ho Chi Minh FRI Iss%s EVERY EVERY Colombo MON Los Angeles SUN eg: Tel: Fax: vo« t iun/ mm Singapore 778 6522 *****38 r.anjh. mj§k Johore 07-*****8918 words
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Page 43 Advertisements
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Advertisement1295 1992-11-09 43 FROM JANUARY 1993, NEDLLOYD LINES PROVIDE WEEKLY SERVICE TO AUSTRALIA Nedlloyd Lines k ;,i jll ,i.i .1 Ml \f,l,L J1 J.l ILJM r7TCHTPHTI,I II il 11 J.IH'liW FEEDER VESSEL PKG PEN OCEAN VESSEL SH LEH RTM(I) HAM(2) BRV Fll SOU GOT iCe LjiWtonß batdr'Bfoptar^ B SeTo.a G Bhum 6/11 4/111,295 words
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Advertisement267 1992-11-09 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SJWGAPCWE J TWO SALMGS WEEKLY VIGOUR PACFIC 75W 09/11, 92 14/11/92 MON NORTH HABOUR VIGOUR LUZON 4NB 13/11/92 18/11/92 SOUTH HARBOUR VIGOUR SINGAPORE 40MB 16/11/92 21/11/92 VIGOUR PACIFIC 76N8 20/11 92 25/11/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG267 words
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Advertisement343 1992-11-09 44 JLcosco UKC COMVEMTIOMAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 2S/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOADING FOR: A VESSEL 15/11 20/11 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BAMGKOK/HONGKOMG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned services343 words
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Advertisement238 1992-11-09 44 K CONTAINER UNE „Ak_ AUCKLAND WEEKLY J"* 3 i CONSOLIDATION ,\A Inland Destinations: NEW PLYMOUTH DUNECNN < /WELLINGTON I HAMILTON CHRISTCHURCH/ LYTTELTON j TAURANCA/WaUNCTON NAPIER ITChnilchurch Tel: 538 0155 OWENS CONTAINER UNE (S) PTE LTD f D-m** 133 New Bridge Road #09-06 Chinatown Point S'pore 0105 SINGAPORE INDONESIA SINGAPORE-WBQULAft WCUABLE.UNEft238 words
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Page 44 Miscellaneous
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Miscellaneous465 1992-11-09 44 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1)00 2000 2100 2200 2300 JR 23 19 15 1.1 09 09 LI 15 2.1 27 30 29 2.7 22 16 10 0 7 05465 words
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Advertisement1133 1992-11-09 45 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PHA+ PKE+ PGD+ SIR RTM ANT* LEH* HAM BREt fIL SI INDEPENDENCE 302* 13/11 13/11 13/11 15/11 4/12 4/12 5/12 5/12 5/12 «/12 H. FRONTER 302W 27/11 27/11 27/11 29/11 18/12 18/12 19/12 19/12 19/12 22/12 H COMMANDER 301W 4/12 4/121,133 words
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Advertisement453 1992-11-09 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSSEI WT SP M MC RR EASTERN INT I MPT l/ll HAM MKM 27 «PT Tim AUTO 4$ 11/11 11/11 MA 15/11 T AIIKMC [HAS 21 11/11 COSMIC TIAMI 30 14/11 COSMIC PIOMIR 21 IS/11 17/11 WUCIA 17 U/ll453 words
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Advertisement961 1992-11-09 45 EXPORTTO: JEDDAH/UK/CONTINENT I SPORE KD S'TON HBUR6 CD AM LEH •Mm Acctptw* C«jc F«: LEVERKUSEN EXP 01/344 7/11 17/11 25/11 21/11 30/11 2/12 SouOunvton :to* UK dtstoutian. Bdtet md Mh IVMPV^H RITANO 11/145 12/11 21/11 1/12 29/11 RoHtrdan :to d Hatwtrp. Airat«rd*n. o*. HMu THAN S 14/345 14/11 24/11 2/12961 words
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Advertisement63 1992-11-09 46 Every Saturday in Business Times —-i "fte E/ecu-tive Housekeeper -this hotel j O vvik I wants is me. Bub I'll never neglect I this baby J Any Job. Any Career, available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE63 words
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Advertisement5 1992-11-09 46 Every Saturday in Business Times5 words
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