The Business Times, 11 November 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, November 11, 1992 75«
    16 words
  • NEWS SUMMARY
    • 59 1 LONDON Gold plunged to its lowest price fixing in London for almost seven years yesterday, after huge selling of the precious metal by US investment funds and Middle East speculators in New York and Asia. Gold was fixed at U*****.20 an ounce
      59 words
    • 81 1 WASHINGTON US wholesale prices rose 0.1 per cent in October, the government announced yesterday. The Labour Department reported that last month's gain in producer prices, which followed a 0.3 per cent rise in September, was the best performance since August when they also rose 0.1
      81 words
    • 34 1 CHINA is attracting more and more Asian investment this year. This trend is raising concern that it could be taking funds away from South-east Asia, where labour costs are higher Page 2
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    • 38 1 JOHOR will serve notice on Singapore that it will review the rate for the sale of water to the Republic under the Johor River Water Agreement 1962, Mentri Besar Muhyiddin Yassin said yesterday Page 2
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    • 24 1 HONGKONG legislators are expected to decide today on whether they intend to back Governor Chris Patten's controversial electoral package Page 8
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    • 31 1 FRENCH President Francois Mitterrand hit out at Prime Minister John Major of Britain on Monday for delaying the ratification of the Maastricht Treaty on European Union. Page 11
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    • 32 1 A RECENT High Court case demonstrates the folly of entering into any kind of contractual arrangement for the sale of land without the benefit of prior legal advice Page 16
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    • 31 1 CONTAINER LESSOR Maritainer France has appointed Inchcape Shipping Services as its agent for the Asia-Pacific as it shifts its focus from its European base to Asia. Shipping limes 1
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  • MARKET SUMMARY
    • 31 1 WALL STREET blue chips were firm in early trade. The Dow rose II to 3,251, and in the broad market advancing issues were ahead of dccliners five to three.
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    • 37 1 LONDON share prices were up sharply yesterday. At 1230 GMT, the FT-SE index of 100 leading shares was up 15.9 points on the day to 2,711.3 points with trading busy at 330.7 million shares sold.
      37 words
    • 24 1 INNO-PACIFIC Holdings Ltd has obtained judgement against two Malaysian firms which sold it 10.36 million shares in Lucky Man Properties Page 3
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    • 29 1 MERCHANT BANKER Leong Horn Kee, who is also the Member of Parliament for Thomson, will join listed Orchard Parade Holdings Ltd as managing director Page 3
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    • 17 1 MALAYSIAN AIRLINE System's one-for-one rights issue has been oversubscribed by 3.9 per cent Page 3
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    • 27 1 SINGAPORE-BASED banks are looking to lend more money to Thai companies after the country's return to civilian rule in the recent general election. Page 7
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 680.56 +4.91 Kuala Lumpur 645.32 -3.61 Tokyo 16.437.11 +20.06 Hongkong 6.273.08 +5.17 Sydney 1,397.6 -21.9 Monday Change New York 3.240.87 +0.81 London 2,695.4 -7.3
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    • 22 1 Exchange rates US$ SS 1.6370 100 Yen S$ 1.3159 MS SS 0.6478 Money market rates Ov\.might 3/4% +1/2 3-month [-7/8% +1/8
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    • 34 1 London Gold AM fix USSS330.20 -US$4.80 Rubber S'pore Nov 144.75'/kg +0.75 M'sia Nov 222.50*/kg unch KL Tin Turnover 35tonncs unch Spot MS 14.30/kg +0.20 Crude palm oil Turnover 2,0391ots +770 Dec MS948/tonne +8
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  • 519 1  -  S'pore brokers expect commission sharing and setback for Clob By Amy Balan SINGAPORE The Kuala Lumpur Stock Exchange, staggering under the weight of massive trading in recent days, has announced plans to kick off scripless trading before the year ends. Senior KLSE
    519 words
  • 421 1  -  From Maggie Ford in JAKARTA INDONESIA'S central bank is drawing up a list of sanctions to be applied to banks and companies which do not report details of their foreign borrowings. Central Bank governor Adrianus Mooy told the Indonesian Parliament on Monday. The move
    421 words
  • 229 1 Reuter AFP BRUSSELS The EC, faccd with the threat of an all-out trans-Atlantic trade war, has agreed to resume immediately talks aimed at solving a crucial farm subsidies row with the US. France, the state most bitterly opposed to US demands for deep cuts in
    Reuter; AFP  -  229 words
  • 377 1  -  By Harish Mehta SINGAPORE A subsidiary of Temasek Holdings has formed a joint venture company to build a US$24 million (Ss3B million) hotel in Ho Chi Minh City, but the project is in jeopardy because of bad debts. In a bid to enter
    377 words
  • 450 1  -  By Chuang Peck Ming SINGAPORE American corporations, in revising investment plans for 1992, have trimmed their initial budget for Singapore by 6 per cent, according to a survey conducted in June by the United States Department of Commerce. The US companies' revised
    450 words
  • 132 1 Reuter LONDON President Boris Yeltsin yesterday warned that right-wing forces in Russia could try to stage a coup and indicated he would assume emergency powers if necessary to thwart them. Mr Yeltsin's stark speech to both Houses of the British Parliament drove home the opposition
    Reuter  -  132 words
  • Page 1 Advertisements
    • 251 1 iterf-k-, SBSilCentrepoint #01-30, Tel: 737 4509 Aircraft Schedule 31 KLSE 23 Unit Trusts 22 Commodities 30 Law 16 Weather 31 Company News 3,4 Money Changer Rates 31 Work) News 11 Cryptic Crossword 31 Money Market 29 Editorial 12 Regional News 8 Financial News 7 Regional Stock Markets 27 Business Times
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    • 19 1 Spectre of trade war looms over world economy, Pg 13 Battle over trade threatens fragile Nato alliance, Back Pg
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    • 106 1 Hock Lock Siew: Surging Thai loans brighten full-year outlook for S'pore banks, Pg 3 Singapore investors are world's shrewdest players, Pg 3 H OM»« 7)****** 1 Si oft* TH 2J%W'"l«»C«niort W ferMmute Rut T* 1 WSfcfa) PaU* fen***'* r W 7lll2k2'S4»*Rjrtr*TH 1M1241 -Chan* **pm» Tfmwvi > <i<AWft[Wi« Trf V4.NTIMK) W>il
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  • PAGE 2 NEWS
    • 527 2 AFP HONGKONG China is attracting more and more Asian investment this year, raising fears that it could be taking funds away from South-east Asia, where labour costs are higher. The involvement in China has come mainly from the ethnic Chinese economies of Hongkong
      AFP  -  527 words
    • 126 2 Reuter BEIJING China has officially enlisted US Nobel Prize-winning economist Lawrence Klein to help pilot the nation through economic reforms, the official People's Daily said. Dr Klein, an authority on econometrics who was the 1980 Nobel laureate for economics, was guest of honour
      Reuter  -  126 words
    • 428 2 Review due, notice to be served on S'pore, says Muhyiddin Bernama JOHOR BARU Johor will serve notice on Singapore that it will review the rate for the sale of water to the Republic under the Johor River Water Agreement 1962, Mentri
      Bernama  -  428 words
    • 272 2  -  By Helen Chang SINGAPORE More and more Singapore companies are going for quality standards certification to boost their products' competitiveness in world markets. The Singapore Institute of Standards and Industrial Research (Sisir) yesterday awarded 74 companies with ISO 9000 certificates. Twenty more firms
      272 words
    • 297 2  -  By Teh Hooi Ling SINGAPORE US chemicals giant Du Pont has reached an agreement to sell its electrical connector systems business to Dallas-based Hicks, Muse Co for US$4OO million (***** million). The sale is expected to be completed by year-end. Du
      297 words
    • 244 2  -  By Schutz Lee SINGAPORE Twelve local companies will take part in Singapore's first official trade and investment mission to Sri Lanka next week. The firms hope to establish trade contacts and explore investment and joint-venture possibilities in Sri Lanka, a
      244 words
    • 273 2 SINGAPORE The Insti- tute of Technical Education (ITE) will start a new training;'"; scheme to upgrade workers in metal and machinery, elec-" trical and electronics and shipbuilding and repair in*- dustries. Institute chairman Tay Eng Soon, who is also Senior' Minister of State
      273 words
    • 269 2 Boon Heng urges local firms to co-operate, change attitude SINGAPORE Local firms should take advantage of the huge business opportunities in the region, the Senior Minister of State for Trade and Industry, Lim Boon Heng, said yesterday. "If Singapore businesses can regionalise successfully, we will
      269 words
  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 776 3  -  From Ray Heath in LONDON —n SINGAPORE'S international investors have been named as the world's shrewdest switchers of stocks and shares. In International Equity Flows, a Barings Securities study of world stock market investing, analysts Mike Howell and Angela Cozzini awarded Singapore's market players
      776 words
    • 355 3  -  By Sylvia Wong SINGAPORE Leong H6rn Kee, merchant banker and Member of Parliament for Thomson, will join listed Orchard Parade Holdings Ltd as managing director. He will give up his post as director and head of corporate finance at NM Rothschild Sons (S) Pte
      355 words
    • 229 3 SINGAPORE Malaysian Airline System's one-for-one rights issue has been oversubscribed by 3.9 per cent. Aseambankers Malaysia Bhd, the adviser and managing underwriter of the issue, says that when the issue closed on Nov 2, applications for a total of 363.655 million new MAS shares had
      229 words
    • 702 3  -  By Alvin Tay SINGAPORE Yet another loan for a Thai financial institution was sealed by Singapore banks yesterday, the fourth in tess than a week. Publicly-listed DBS Bank and United Overseas Bank, two of Singapore's Big Four local banks, featured prominently
      702 words
    • 276 3  -  By William Chia SINGAPORE Beleaguered Inno-Paeifie Holdings Ltd has obtained judgement against two Malaysian companies that sold it 10.36 million shares of Hongkong company Lucky Man Properties for HK528.29 million (555.98 million). In a circular to shareholders on its proposed
      276 words
    • 200 3 SINGAPORE Sunshine Allied Investments Ltd said yesterday it would issue 6.03 million new shares to pay for the acquisition of a Malaysian company now owned by its largest shareholder. On June 23 this year. Sunshine entered into a conditional agreement with GCIH Singapore
      200 words
    • COMPANY BRIEFS
      • 140 3 SINGAPORE Parkway Holdings Ltd has informed the Stock Exchange of Singapore that it has an indirect stake in a Hongkong stockbroking firm, which is seeking a listing. Responding to an SES query after a Business Times report that South China Brokerage Co Ltd will
        140 words
      • 75 3 SINGAPORE OYL Industries Bhd expects its China joint venture to commence production of airconditioners and accessories by the end of 1993, its chairman Omar Yoke Lin Ong said yesterday. OYL's joint venture partners are Guoco Investment (China) and Shenzhen Guangyu Industry Corporation. OYL holds a
        75 words
      • 60 3 SINGAPORE Idris Hydraulic (Malaysia) Bhd plans to reorganise its timber activities and strengthen its insurance division, a senior official of the company said yesterday. Hamzah Harun, senior manager for corporate planning said after the company's annual general meeting yesterday that the company's move into the
        60 words
      • 48 3 SINGAPORE KFC Holdings (Malaysia) Bhd has acquired 2.15 million ordinary shares of Eu Yan Sang Holdings Ltd. The acquisition was made through KFC Poultry Products Sdn Bhd. As a result of this, KFC Holdings became a substantial shareholder of Eu Yan Sang Holdings.
        48 words
      • 57 3 SINGAPORE Setron (Malaysia) Bhd proposed to sell its entire 84.2 per cent holding in Scott English (Malaysia) Sdn Bhd to Hicom Properties Sdn Bhd for M$ 10.08 million (556.45 million). In a statement to the Kuala Lumpur Stock Exchange yesterday, Setron said the divestment comprises
        57 words
      • 41 3 SINGAPORE UOL Equity Investments Pte Ltd announced that it acquired 200.000 shares of United Industrial Corporation on Nov 9 at 95 cents apiece. UOL Equity now controls 7.4 per cent of the issued capital of UIC.
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    • 406 4 Bloomberg HONGKONG Directors of real estate and investment concern Rivera (Holdings) have told shareholders and warrant holders to reject a takeover bid from Asean Resources Holdings, describing it as "grossly inadequate". In a document responding to Asean's bid. the Rivera board said the offer
      Bloomberg  -  406 words
    • 451 4  -  By Schutz Lee SINGAPORE A decision on the successful bidder for Sealord Products, the fishery subsidiary of New Zealand firm Carter Holt Harvey (CHH), has been delayed apparently due to argument over how to account for Sealord's tax liability. Market rumour in New
      451 words
    • 280 4 AFP MANILA The Philippine Long Distance Telephone (PLDT) Co will be taking in a foreign partner by the middle of 1993 to help finance the company's major projects. a PLDT official said on Monday. While no foreign partner has been identified,
      AFP  -  280 words
    • COMPANY BRIEFS
      • 83 4 BEIJING A Hongkong company has been stripped of its right to use land in Shanghai because it failed to honour a contract with the city. The Xinhua Ne*s Agency said yesterday it was the first time that Shanghai had to call off a
        83 words
      • 107 4 TOKYO Japan's Minolta Camera Co Ltd announced on Monday a 4.98 billion yen (about 5565.5 million) pre-tax loss for the six months to September, reversing a 2.01 billion yen profit in the same period last year. The bigger-than-expected deficit prompted the company to revise its
        107 words
      • 88 4 WELLINGTON The directors of liquor group Magnum Corp said they will ask shareholders to change the name of the company to DB Group, after the name of its principal operating subsidiary. Dominion Breweries. Stockholders will vote on the change at an annual general meeting on
        88 words
      • 71 4 HONGKONG Hongkong construction group Hopewell Holdings Ltd on Monday said it had secured backing for a US$75O million (Ssl.2 billion) loan for a power plant project in southern China. The loan was oversubscribed by 50 per cent. The group underwriting the loan is made up of
        71 words
    • 396 6 Military contractor also faces US$ lb suit for falsified tests AP LOS ANGELES Teledyne Industries paid a record US$l7.5 million (Ss2B million) on Monday in criminal fines for falsifying tests on electronic switches used in high-tech weapons and spacecraft, including the space shuttle.
      AP  -  396 words
    • 241 6 Reuter NEW YORK US investors have been buying the shares of small companies on the theory they would benefit the most in a Democratic president's first term, according to Money magazine. Over the past five weeks, investors poured millions of dollars into shares
      Reuter  -  241 words
    • 357 6 FT PARIS Hanson, the large Anglo-US conglomerate, on Monday night threatened to sue Costain after the UK construction group announced it was accepting a higher offer for its profitable Australian coal mining business. Costain said Altus Finance, part of Credit Lyonnais,
      FT  -  357 words
    • 214 6 AP LONDON Texas billionaire Robert Bass is leading a US$l.2 billion (about S$ 1.9 billion) offer for US publisher Macmillan Inc and Official Airline Guides. Macmillan and Official Airline Guides are among the US assets from the collapsed empire of the late British publishing
      AP  -  214 words
    • COMPANY BRIEFS
      • 84 6 TAIPEI Denys Henderson, chairman of Imperial Chemical Industries, on Monday confirmed that the organisational split of the group's pharmaceuticals, agrochemicals and specialities businesses into a separate company was on track. He said the new company would be fully formed as a subsidiary
        84 words
      • 74 6 NEW YORK Chevron Corp said on Monday that it would cut an additional 1,500 jobs, half of which were already vacant because of an early-retirement programme that it offered employees earlier this year. The company, based in San Francisco, will trim 1,000 of its
        74 words
      • 55 6 WASHINGTON The US Labour Department said on Monday it was still investigating alleged violations of overtime and child-labour law at the Belgian-owned Food Lion supermarket chain. Food Lion is 50.3 per cent-owned by Delhaize Le Lion, the third-largest public company in Belgium. It has
        55 words
      • 67 6 NEW YORK MCI Communications Corp said on Monday that it planned to form a consortium of companies to seek a government licence to build and operate national networks for personal communications services, a new generation of cellular telephone service. The plan is dependent, however, on
        67 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • 329 7  -  By Dawn Tan SINGAPORE Singaporebased banks are looking to lead more money to Thai firms after the country's return to civilian rule in the recent general election. The sentiment was expressed by bankers yesterday at the signing of a loan for Thailand's
      329 words
    • 210 7 Reuter LONDON Merchant bank S G Warburg Group pic said its pre-tax profit for the six months to Sep 30 had fallen sharply, reflecting a changing and difficult climate. The pre-tax figure slumped to £51.2 million <S$ 125 million) from £91.5 million and the
      Reuter  -  210 words
    • 243 7 Bloomberg WELLINGTON Lindsay Pyne, the man credited with turning around the Bank of New Zealand after neardisastrous losses in the 1987-89 period, has announced his resignation, only five days after National Australia Bank announced it had succeeded in a takeover bid. Mr Pyne was
      Bloomberg  -  243 words
    • SMALL CHANGE
      • 66 7 SINGAPORE Great Eastern Life has donated $400,000 to eight children's charities under the care of the Community Chest of Singapore. The donation, the largest single donation to the Chest this year, was raised by Childrencare, a special charity project by Great Eastern Life. Since
        66 words
      • 92 7 SINGAPORE Tat Lee Bank has arranged a US$l2 million (S$ 19.2 million) term loan facility for PT Tanahabang Indah Pratama, Indonesia, to fund construction of the 400-room Grand Metro Hotel in Jakarta. Participants in the facility include Bank of China, Development Bank and Tat Lee
        92 words
      • 66 7 SYDNEY Westpac Banking Corp said it is planning a fast recovery programme and a strategic redirection aimed at its core franchises in retail and corporate banking in Australia and New Zealand and global financial markets. Managing director Frank Conroy said in a statement that this
        66 words
      • 91 7 MANILA Credit Lyonnais recently took a 40 per cent stake in a Philippine finance company to expand access to the country's financial market, which is opening up to foreign banks. The French bank now accounts for 26 million pesos (S$ 1.63 million) of the total equity
        91 words
      • 70 7 WASHINGTON Office of Thrift Supervision director Timothy Ryan said his agency plans to release new guidelines next week on the responsibilities of thrift officers and directors. Mr Ryan said in a speech prepared for the Savings and Community Bankers of America annual conference that unwarranted
        70 words
      • 101 7 HONGKONG A Sino-French joint venture bank has become the first bank of its kind to be given a licence to operate in Shanghai. Shanghai Paris International Bank was officially set up on Monday to become Shanghai's first foreign joint venture to be granted a banking
        101 words
    • 292 7 Reuter TAIPEI Taiwan's central bank, seeking to support the slumping stock market and depreciating local currency, said it was relaxing a controversial curb on inflows of foreign equity investment funds yesterday. Early this year, the bank began requiring foreign institutions to submit time-tables
      Reuter  -  292 words
  • Page 7 Advertisements
    • 84 7 Hock Lock Siew Thai loans a boost for Spore's listed banks, Pg 3 V is one of the few Brasserie restaurants whose j 10 days, beginning September 18th, you can V *3 sample from menu i V ttffflMf Chef Andre Genin recreates its award-winning ■7/ I (/)/> ojc r7Fright here
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  • THE REGION
    • 431 8  -  Reports by Catherine Ong in HONGKONG HONGKONG legislators who have been fence-sitting may have to decide today whether they intend to back Governor Chris Patten's controversial electoral package. They may have to choose between the more democratic changes proposed by Mr
      431 words
    • 214 8 JOSEPH YAM has been appointed chief executive (designate) of the new Hongkong Monetary Authority, the government announced yesterday. Mr Yam. the first Hongkong Chinese to head monetary affairs, was director of the Office of the Exchange Fund and, before that. Deputy Secretary of
      214 words
    • 371 8  -  By Colin Tan SINGAPORE Shopping centres are now the most favoured investment Down Under, says Australian real estate agent Baillieu Knight Frank. At a seminar on Australian and New Zealand real estate on Monday, BKF research director David Poole said the price of
      Source: Ballas Knight Frank Research  -  371 words
    • NOTE BOOK
      • 76 8 JAKARTA A large volume of Indonesian exports are still distributed through third countries. Minister of Trade Arifin Siregar said. He cited Sweden where Indonesia products entering the country reached US$BO million (S$ 128 million) although Indonesia exported only US$4O million directly. He said that
        76 words
      • 90 8 KUALA LUMPUR Foreign investment in Malaysia is expected to continue declining in 1993 and 1994 due to competition from emerging markets, a tax official said here yesterday. The markets are Vietnam, Indonesia and China, the tax director of Arthur Andersen HRM Tax Services Sdn Bhd
        90 words
      • 85 8 HONGKONG The government yesterday awarded contracts for the construction of a new container port to three firms by private tender after lengthy and bitter competition over the contract. Container Terminal 9 on Tsing Yi island is to be built by Modern Terminals Ltd (HIT), Hongkong International
        85 words
      • 78 8 MELBOURNE Thousands of angry trade unionists rallied in towns and cities across the state of Victoria as up to a million workers went on strike to protest new workplace reforms which include outlawing most forms of industrial action and replacing the wages award system with
        78 words
    • 250 8 AFP TAIPEI Taiwan's Economic Ministry has formed a high-level task force to work on development of Subic Bay in the Philippines in a bid to help local businessmen invest in the former US base, economic officials said yesterday. The task force, headed
      AFP  -  250 words
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    • 239 10 TRY TO PREDICT <1 THE NEXT 5 YEARS AND YOU'LL APPRECIATE AN INVESTMENT LIKE GOVERNMENT BONDS. In many ways, the next 5 years looks just as interest environment. And the bonds are as safe and unpredictable as the past half a decade. secure as the Government of Singapore. For a
      239 words

  • THE WORLD
    • 310 11 Reuter PARIS French President Francois Mitterrand slammed British Prime Minister John Major on Monday for delaying British ratification of the Maastricht Treaty on European Union, calling it "unacceptable" but not surprising. "I think it is bad Perhaps he wants to gain a little extra
      Reuter  -  310 words
    • 265 11 Reuter LONDON Russian President Boris Yeltsin has won British support for his tough economic reforms after signing a landmark treaty opening a new post-Cold War era of friendship between Moscow and London. British Prime Minister John Major said the end of
      Reuter  -  265 words
    • 318 11 NYT TOKYO With an aim to helping workaholic Japanese who find themselves unable to relax in their free time, the Ministry of Health and Welfare has decided to draw up guidelines to teach workers effective ways to relieve stress and refresh
      NYT  -  318 words
    • WORLD WATCH
      • 90 11 ISLAMABAD Pakistan opposition leader Benazir Bhutto announced plans yesterday for a mass march on the capital next week to demand the resignation of a government she calls despotic and corrupt. The People's Democratic Alliance, a coalition of opposition parties that Ms Bhutto heads,
        90 words
      • 79 11 BRASILIA. Brazil Impeached President Fernando Collor de Mello will be accused of more than 20 crimes during his pending trial in the Senate, the prosecuting attorney said on Monday. Evandro Lins e Silva said he wanted to speed up preparatory hearings now underway so that Collor's
        79 words
      • 82 11 BONN German Finance Minister Theo Waigel said there could be no "sacred cows" when cuts in spending are made at all levels of government in the next few years to help pay for German unification. In a speech prepared for delivery at a conference in
        82 words
      • 59 11 LONDON Media reports that UK food and drink prices could rise sharply in 1993 when the European Community single market comes into force were exaggerated, a statement from the National Farmers Union (NFU) said. "Given current market conditions, prices for cereals and beef are unlikely
        59 words
    • 282 11 AP WASHINGTON President George Bush is about to join the United States' most elite group of pensioners and the costliest to American taxpayers. With the inauguration of Bill Clinton as his successor on Jan 20, Mr Bush will bring to five the number
      AP  -  282 words
  • Page 11 Advertisements
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  • 451 12 EDITORIAL THE fevered interest over who will suceeed to the leadership of the United Malays National Organisation (Umno) underlines just how pre-eminent a role the Malay-based political party plays in life in Malaysia. As the dominant player in the country's ruling coalition, the Umno president traditionally becomes prime
    451 words
  • WHAT THE OTHERS SAY
    • 284 12 FORMER Education Minister Tony Tan's recent remarks were a timely reminder on why education for Singaporeans must not stop after school or university. He pointed out that in an increasingly integrated global economy, a worker could only offer his skills or a willingness to work for
      284 words
    • 68 12 THE DECISION of the Islamic Religious Council (Muis) to form a panel to outline its future strategy is a wise move. In the secular, multiracial society of Singapore, Muis should play an important, if not crucial, link between the government, Muslims and non-Muslims. The panel could benefit
      68 words
    • 170 12 THE GOVERNMENT ANNOUNCEMENT to earmark a 50-ha site in Geylang for civic and community groups to set up their homes is a piece of good news long awaited by clan associations. But as we have a large number of civic and community groups, the designated area
      170 words
  • REGIONAL VIEWPOINTS
    • 142 12 FEAR HAS PROMPTED the Khmer Rouge to sabotage the peace process. It seems to be suffering from a siege mentality: a foreboding sense that the world is out to eliminate it through the peace accord. This is heightened by the sense of isolation it suffers due to
      142 words
    • 164 12 HOW LONG can a ghost exist? How long will we let a spectre from our past haunt us. The ghost we have in mind is nothing but, to use the popular phrase, the "spectre of communism." By maintaining the belief that the communist threat is
      164 words
    • 223 12 LADY THATCHER is said to have referred to it as the Hongkong Country Council, a dismissive description of the territory's Legislative Council. Yet it is this much-derided body that is being asked to make a decision that is pivotal to the territory's future. As the war
      223 words
  • 799 12  -  Kathy Chenault examines Shanghai's efforts to restore its past grandeur. as the Asian centre of commerce, trade and finance Kathy Chenault AP CRUMBLING mansions line the streets, a reminder of grander days before communist rule brought decades of neglect to Shanghai. Now. the
    AP  -  799 words
  • Page 12 Advertisements
    • 50 12 This 19th Century Gothic chair is for show only. a 11 k~ Authentic Colonial Furniture. »|*>OWOOK lAHHA* 0 w ]F©F?]D)<Q)lf£ LAMA" AFFILIATED 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 6038
      50 words
  • Page 12 Miscellaneous
    • 39 12 DOONESBURY GARRY TRUDEAU "ill niD-B*Me*aMT)a*iex FLAK 6 6.D..TH1515 M THt&AFZ OUT!MHO NOW, IMPORTANT! H n&nYOF DON7SHOW BOOPSIZ... UJeNeeP H NO.IPIPNT HMM...MUST 2s TE£N-A65 UP! MHO I PROFESSION- H HEAR ANY- HAVBBtSN S/ 11 &PL6MHO... CANTOZ I ALHUP! 7H/N6. TH&T.V....
      39 words

  • ANALYSIS
    • 762 13  -  Alan Wheatley warns of the global trade catastrophe which could result from the trans-Atlantic row on farm subsidies Alan Wheatley Reuter THE world economy, not just French white wine exporters, will pay the penalty if the trans-Atlan-tic row over farm subsidies degenerates
      Reuter  -  762 words
    • 1285 13  -  From Durban, Salil Tripathi throws light on the bitter power struggle between Nelson Mandela's ANC and Mangosuthu Buthelezi's Inkatha Freedom Party Salil Tripathi DURING the Second World War, Field Marshall Earwin Rommell said: "One death is a tragedy; a thousand deaths a
      1,285 words
    • 461 13  -  Barry James takes a look at how the Gatt director-general goes about playing his difficult role Barry James IHT IN HIS spare time, Arthur Dunkel likes to browse in stores, and even when he is on a trip somewhere, he tries to make time available
      IHT  -  461 words
  • Page 13 Advertisements
    • 57 13 HBl NATIONAL UNIVERSITY OF SINGAPORE H HH Presents Bh H A PUBLIC LECTURE H H PROFESSOR PAUL BERG I Njjjjij Lee Kuan Yew Distinguished Visitor MM WSUiifl 1 ||H "GENES AND DISEASE: A NEW PERSPECTIVE" nyif Dote Wednesday, 18 November 1992 K|||i Time 6.00 pm Mmk Venue :LT 27, NUS
      57 words

  • SPORTS 1
    • 666 14  -  Nirmal Ghosh chances upon Gary Player teeing off in Singapore on a windswept afternoon Nirmal Ghosh "WE ARE proud to welcome Mr Gary Player to the Tanah Merah Country Club, where he will be playing nine holes this afternoon." The announcement caught the few members at
      Photo by Nirmal Ghosh  -  666 words
    • 531 14 AP, UPI STOCKHOLM Swedish track officials have expressed concern after the sudden, mysterious death of a seemingly healthy young cross-country runner at the weekend, the seventh in the sport in that country in three years. Melker Karlsson. 24, and a member of the Swedish
      AP,; UPI  -  531 words
    • SIDE LINES
      • 93 14 LLORET DE MAR, Spain Carlos Sainz made a near-per-fect start to his "home" Catalonia Rally on Monday, winning five of the opening six tarmac stages in his Toyota Celica. The Spaniard gained a commanding 57-second lead over Didier Auriol, fourth in a Lancia
        93 words
      • 77 14 PHILADELPHIA Ukranian Elena Brioukhovets posted a convincing 6-2 6-0 victory over Canadian Jill Hetherington at the U*****,000 Virginia Slims of Philadelphia tennis tournament on Monday to earn a second round encounter with top-seeded world number two Steffi Graf. Graf, along with the rest of the top four seeds
        77 words
      • 71 14 JOHANNESBURG Omar Henry, the 40-year-old mixed race all-rounder, will become the first non-white to play Test cricket for South Africa when the first of four Tests against India opens in Durban on Friday. While the choice of Henry' -for the first Test in the republic for 21 years
        71 words
      • 114 14 BONN Sprinter Katrin Krabbe's four year doping ban could be cut substantially because of disputes over the status of the drug clenbuterol and other legal problems, German athletics officials said yesterday. The German athletics federation (DLV) will meet next week to discuss its suspension of
        114 words
      • 50 14 BEAUMONT, Texas Summer Sanders, a Stanford University swimmer who won four medals in the Olympic Games at Barcelona, won the 1992 Babe Zaharias female amateur athlete award on Monday. Sanders beat out two other Olympians and a two-time award finalist for the trophy and a US$lO,OOO scholarship.
        50 words
      • 107 14 SAN DIEGO The San Diego Yacht Club, seeking to further protect the America's Cup. has scrapped a proposal that would have allowed a successful 1995 defender to name the site for the 1998 defence. The proposal had been floated to increase interest in the 1995 regatta,
        107 words
    • 448 15 AP LA QUINTA, California Pride and US$l million (SSI.6 million) are at stake for the four major-tourna-ment winners playing in the Grand Slam of Golf. "1 know we all want to win," US Open champion Tom Kite said on Monday. But winning, he added,
      AP  -  448 words
    • 230 15 AP ANTWERP, Belgium Australians Todd Woodbridge and Mark Woodforde and Spain's Javier Sanchez raked up the European Community Championship's firstever ATP points on Monday. The US$l.ll million ECC tennis event had been an opulent but waning exhibition tournament. But Monday's play showed new grit and determination
      AP  -  230 words
    • 560 15 UPI LAS VEGAS Heavyweight champions must have heart, and the biggest question about Riddick Bowe is whether he has enough. Champion Evander Holyfield and his handlers are among the doubters. In fact, they are counting on Bowe's lack of heart to make
      UPI  -  560 words
  • Page 14 Advertisements
    • 160 14 ilfißr of Bu pp'y m w #^*P# we cven tkrow in a bottle tkat muck easier, to give your craft the send off it f And unlike Columtus, you Drop by our kead office if K, liAve to go down on tended knee any of our 6 outlet# today. 1
      160 words

  • Page 15 Advertisements
    • 484 15 TOP YIELD NOW PLUS FUTURE POTENTIAL! I DOMINION BREWERIES TOWER 80 GREYS AVENUE, AUCKLAND CBD, NEW ZEALAND This quality 10-level office tower overlooks historic inner city oasis, Myers Park, enjoying panoramic views of the Auckland CBI), Wahemata Harbour and beyond. Expect at least 13% yield from current occupancy (including head
      484 words

  • THE LAW PAGE
    • 1051 16  -  Ramesh Divyanathan examines a case that demonstrates the folly of entering into any kind of contractual arrangement for the sale of land without the benefit of prior legal advice Ramesh Divyanathan WHAT happens if after exercising an option to buy a property, you learn of a
      1,051 words
    • 227 16 AT THE MANY of the bigger law firms are said to be gearing up for the day when they can advertise their services more freely. Some have even hired design and advertising consultants to work on corporate brochures and brighten their hitherto staid image. Their move
      227 words
    • 237 16  -  By Conrad Raj LAWYER Wee Han Kim is unhappy with the imposition of court fees. Guess who he has taken up the matter with? The recently-established cost review committee headed by Senior Minister of State for Trade Industry. Lim Boon Heng. Mr Wee
      237 words
  • Page 16 Advertisements
    • 144 16 Within the spacious interior of the new Jaguar XJ6, all is distinctive luxury and comtort. Sumptuous, hand-sewn leather upholstery and mirror-polished walnut veneers convex all the richness and elegance you would expect of the world's most sought-after marque. Such uncompromising quality is fully matched by the choice of 3.2 and
      144 words

  • FOCUS
    • 806 17 Clinton's promise to promote science and technology is making scientists dizzy with excitement. It could be the best Cold War peace dividend the US has ever had NYT IF the promises of the Clinton campaign for science and technology now come to
      NYT  -  806 words
  • Page 17 Advertisements
    • 478 17 GIVE YOUR HQ THE EXECUTIVE TREATMENT Ommtshed I worry lines leading to fine lines Removed the look ol tired baggy eyes J I WBycs> f w j th eonseto» furrowed stress lines Removed open pores M and blackheads Diminished Removed the formation of the start of vertical age sags J
      478 words

  • Page 18 Advertisements
    • 849 18 ■J Nothing Beats A Bud, where to wine, dine OF JOIN THE niSNERS AND HAVE A BAU Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at S3 a glass and $12+ a
      849 words
    • 353 18 IN THE k LIMELIGHT, <U t THE LEGGY, I C LUSCIOUS 111 DANCERS FROM LITHUANIA y^JW Revue Show. Its the gieetest show on i earth. Not to be missed. Till 22 December J 1992. SHOW TIMES: Bpm and 9.30pm. j| Ntghdy at The Neptune. Fridays. J Saturdays 4. Ive 0#
      353 words
  • Page 18 Miscellaneous
    • 747 18 TELEVISION AND RADIO ISJa\X7C Clt 10 ***** ZZ 7.30 2ZU ISJSSMr business ON RADIO X Wl3 vlv JL \J J 725 PM Opening followed by Ja- 7.50 Video Hits. 6.30 lIS Islam. MC gg g j„ y||p Band II pan Business Today. 8.00 Lightning Force Enemy 6.45 Insaniah (Religious pro-
      747 words

  • LIFESTYLE
    • 744 19  -  Mark CKNeill reports on an exhibition of C hinese and Japanese cartoons Mark O'Neill Reuter WHERE do the fat Chinese Buddha and the spitting swimmer meet the Swiss army rhino and Emperor Hirohito surveying his troops through binoculars? Answer: in a Tokyo museum showing otT
      Reuter  -  744 words
    • 615 19  -  Ken Franckling on Tony Bennett's latest album of Sinatra songs Ken Franckling Reuter Frank sinatra calls Tony Bennett his favourite singer and Bennett is now returning the compliment with a new album of his favourite Sinatra songs. But Bennett says there is much more beneath the
      Reuter  -  615 words
    • 390 19 CHATTERBOX SOMALI-BORN supermodel lman appealed in Washington on Monday for stronger UN action against warlords and looters keeping food and medicine from the starv ing in her impoverished homeland. Some members of Congress agreed, and two announced plans to fly to Somalia
      390 words
  • Page 19 Advertisements
    • 299 19 AND ENTERTAIN J This week, Australian cuisine takes centrestage at our dinner buffet. Ail prepared with the freshest airflown ingredients. i At Cafe-in-4he-Park from 9 to 14 November 1992. $24.00++ per adult $12++ per child For reservation, please call ctMPAPORF M 732-1222 extension 1700 bINUArvJKt J9 '6 M* I •»v'
      299 words
    • 105 19 Why are so many people going to the > Garden Hotel these days A generous portion of Salad, Soup of the day and your choice of Airflown New Zealand Sirloin or Ribeye Steak with a choice of 4 different sauces (Or Half a Grilled Spring Chicken or Panfried Fish on
      105 words
    • 197 19 FOR A BRIGHT. BREEZY LIFE STYLE, MOVE TO MANDARIN GARDENS Full-Service Accommodation by the Sea Mandarin Gardens is the only resort-style accommodation that offers you a wide range of amenities for a new lifestyle. The sun, the sea and open spaces. It's waiting for you. •15 minutes to the airport
      197 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3835 20  -  By Paul Leo SINGAPORE blue chips were top gainers although Malaysian counters again dominated trading yesterday. Blue-chip buying by institutional investors and bargain hunters pushed the benchmark Straits Times Industrials Index up 22.26 points at 1,438.14 at the close. "In the
      3,835 words
    • Article, Illustration
      81 20  -  By Paul Leo TUAN SING Holdings Ltd has broken out of a downward sloping trend line on the weekly chart, indicating that the medi-um-term outlook is bullish. It will trade towards objective at 60 cents from 42 cents currently. However, the RSI and stochastics are near over-bought, indicating
      SOURCE: BRIDGE INFO  -  81 words
  • Page 20 Advertisements
    • 45 20 to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. and 1.G.1. diamonds, emeralds r] an d Mheir gemstones. J v j JHHH| Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138
      45 words

  • 3369 21 SPH Foreign 1520 t 60 t 4.1% "•FAN HMO 55 »-5.6% (K Bl Foreign 11 AO SO +4.6% > (K BC F Rts 675 25 3.8% out 710 +25 1.6% B Semhawang 705 20 2.9% I DBS Foreign 1240 +20 1.6% Inchcape 6JO 20 .1)%
    3,369 words
  • Page 21 Advertisements
    • 35 21 1 I I -J I L- 1 1 1 1 1 i ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      35 words

  • 3502 22 Hex/a Corpn 50* 92V» t 10' H2.8% Umphone Tel 368 +6 +1.7% Dunlop Est CI) US 580 t5 fO.9% H Leong In J SO* 660 +5 +0.8% M Banking 645 5 0.8% M ISC Foreign 505 +5 +1.0% Tasek Cement 285 +5 H.8% Lien Hoe
    3,502 words
  • Page 22 Advertisements
    • 972 22 BUSINESS T I M._E_S_ Toll free Tel No 737 0043 Fax No: 734 3698 THE COMPANIES ACT, CAP. 50 TAY YEO HOLDINGS PRIVATE LIMITED (In Voluntary Liquidation I SPECIAL RESOLUTIONS PASSED ON 5 NOVEMBER 1992 At an Extraordinary General Meeting of the company held at 56 Pandan Road Singapore 2260
      972 words
    • 159 22 KESTER INVESTMENTS PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(2) of the Companies Act, Cap. 50 thai the Final Meeting of Members of the above-named Company wfH be held at the offices of Messrs Ernst A Young, 36 Robinson Road *17-00 City House. Singapore 0106
      159 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5577 23 Bernama SHARE prices succumbed to profit-taking activities after a feverish rise over the past two weeks to close lower yesterday in continued heavy trading. The K.LSE Composite Index at the close dropped 3.61 points to 645.32. The Industrial Index was 6.98 points
      Bernama  -  5,577 words

  • BT SHARE INFORMATION SERVICE
    • 291 24 Company Date Year Group Net Net earnings Cross ann to profit/loss per share dividend (000) (cents) SPH Nov 6 Aug 92 S186.682(S153.802) /6(626) 2/(25) GKGoh Nov 3 tun 92 S8.582iS10.10/) 4 3(51) 10(10) Jaya Hldgs Nov 3 )un 92 S/.093(S8.5/3) 11 1W( 5TE( Scotts HkJgs Nov 3 Jun
      291 words
    • 156 24 RECORD HIGHS LOWS BT Composite Index Industrials Index iQQ?h-h nififc* n\»m\ 1992 hich 1545 92 27/1/92) SSf m8/92 1992 1310 95 < 18/8/92 > \mm 515? 1991 *****8 < 3/6 9I > S if S5 6'f 9 1991 *****8 CM/i/W) 1MB M. ***** 6 90 1990 hifh: 1607 12 (27/3/90)
      156 words
    • 100 24 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) Faber Nov 2 Jun 92 MJ33,305(MJ32.435) 39(8 6) H Leong Credit Nov 2 )un 92 MJ52,725(MJ38.978) 24 1(21 5) 9(9) Renong Nov 2 Jun 92 M$111,549(M$80,650) 7.7(5.6) Uniphoenu Nov 2 Jul 92
      100 words
    • 370 24 I In local curt In SS In USS S d> S >r S d> S >r d> yr Not 9 Index chge chjy chge chge chge gg World 378.4 -0.5 -7.3 -0.5 -9.4 -0.7 -10.2 JEXFE 441.6 -0.9 -12.1 -1.0 -15.5 -1.2 -16.3 Europe 413.8
      370 words
    • 230 24 Company Date Half-year Group Net Interim ann to profit/loss dividend (000) J Cement Nov 9 Sep 32 $5,875($5.740) Rothmans M Nov 2 Sep 92 MS102.434(MS106.S59 60(50) Asia Pac Land Oct 29 Jul 92 M$8,321(M$5,367) Esso Oct 29 Jun 92 M$37.500(M$72.200) 20(20) Hewa Oct 29 Jul 92 M$1.136(M$83L) L
      230 words
    • 455 24 Company Rights Issue Manet Ttdi One tor one SI 00 per share tonal Steel Onetor three MJ2 20 per share Issue of *****m 50" Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m transferable Subscnption Rights (TSR) for an aggregate price of MJ1
      455 words
    • 404 24 Company Rights Issue Guthrie GTS One-tor one fe. JO 23 per share E*<tate Nov 26 Books close: Dec 8 Acceptance Payment NYA 0C8C One-tor five <p $3 00 pet local share One-for five $4 19 per foreign share Ex-date: Oct 8 Books close: Oct 20 Acceptance Payment: Nov
      404 words
    • 772 24 Current Ex Boohs Date Total for Total for payment date close payable the year last year Bedfvd 50c 1% Nov 2 Nov 16 Dec 7 2% BMT $10 100" Nov 12 Nov 24 Nov 26 1409% 150% Boustead 50c 10% Nov 20 Dec 4 Dec 30 17^5% ftrwi
      772 words
  • Page 24 Advertisements
    • 145 24 Now you can sing your heart out at our sleek Karaoke Pub and enjoy your own renditions of IN Hj J [jj) hot hits. Sharing the limelight is Sue Parry, Australia's golden girl of the s Perth Wildcats' fame. Watch her sizzle, belting out top hits and your favourite numbers,
      145 words
    • 1026 24 Toll free Tel No 737 0043 Fax No; 734 3698 ftfACIFIC INNO-PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of InnoPacific Holdings Ltd ("the Company") will be held at 141 Market Street, 4th Floor, Singapore
      1,026 words
    • 165 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OPAX (SINGAPORE) FTELTD (In Memberi' Voluntas Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 3080 l IheComKnies Act Cap. 50. the Final wting of the member* of the abovenamed Company wi
      165 words

  • CHINA STOCK EXCHANGES
    • 417 25 CLSA THE Shanghai domestic market suffered another day of heavy losses. The CLSA Shanghai A Index plunged 8.12 percent to 2,451.07. Local investors continued to sell down their share holdings in exchange for cash. The B market's fall came to a halt
      CLSA  -  417 words
  • JAKARTA STOCK EXCHANGE
    • 966 25 Reuter STOCKS closed mixed yesterday with activity spread a little wider hut hanks continued to dominate the market. Among hanks, 811 was unchanged at 3,375 rupiah while Hank Bali ended 25 rupiah higher at 3.525. The official index closed at 301.65 points, down 0.76.
      Reuter  -  966 words
  • STOCK EXCHANGE OF THAILAND
    • 2199 25 Reuter SHARES of small banks led a sharp retreat for the second day yesterday as investors reacted to talk that Thai authorities may be stepping up market surveillance to curb excessive speculation, brokers said. A denial by key investor Song Vajarasriroj that he
      Reuter; Source: Bridge Info  -  2,199 words
  • Page 25 Advertisements
    • 187 25 i\ YOUR VERY OWN HASSLE-FREE QKTRONIC yWS-CUPPjN^^tOTICE! 'f news and other pertinent information on companies listed on the Stock Exchange And for a subscription fee of onlg $250 per month, you and your company can of Singapore Cloh International are important to you and your business, then SPH subscribe to
      187 words

  • TOKYO STOCK EXCHANGE
    • 2710 26 SKK kS closed steady \esterday .ittcr a da\ of dull, directionless trade. lechnical busing from public funds and some institution", kicked m alter Mondav's dive and absorbed lutuivs-linkcd and stop-loss selling, bin trade remained thin with the market bereft of fresh incentives, brokers
      2,710 words
  • STOCK EXCHANGE OF HONGKONG
    • 2721 26 Reuter SHAKE prices closed a trace higher yosterday following a day of sideways, low-volume trading that analysts said reflected a healthy post-rally consolidation. The Hang Seng Index closed 5.17 points higher at 6.273.0K following a lethargicsession where turnover barely tipped HKS2.S billion. The All
      Reuter  -  2,721 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2051 27 Reuter WEAKER commodity prices and a run on transporter TNT triggered a major sell-off yesterday on the stock market, which dived below its key support level of 1,400. Brokers said a general lack of confidence was as much responsible for the sell-off
      Reuter; Source: Bridge Info  -  2,051 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks end bull run on record volume
      • 849 27 PROFIT-TAKING following a five session bull-run drove the market down to close sharply lower in record-breaking high volume yesterday, brokers said. "The market has needed an actual consolidation and now it has started," broker Kim Ik-rae of Ssangyong Securities said. The Composite Stock Index ended 9.95 points lower at
        849 words
      • 457 27 STOCKS closed mixed in sluggish trade yesterday. Hopes that the government would adopt a package of market-boost-ing measures sparked some buying at the opening, but sentiment was far too weak for a major rally, brokers said. The Weighted Index ended 4.39 points higher at 3,534.53 as turnover hit a
        457 words
      • 538 27 SHARE prices slid yesterday as initial reports of rising imports discouraged a market already depressed by an electric power crisis, brokers said. "Investors are disillusioned right now. They can't see a bright light at the end of the tunnel," said Patrick Garcia, vice-president at L M Garcia and Associates.
        538 words
      • 358 27 SOFTNESS in Australia helped drag New Zealand shares ofT their highs for the day to end barely changed on moderate turnover. The NZSE-40 Capital Index ended 0.04 of a point up at 1,402.02 after earlier going as high as 1,409.63. Turnover was 16.5 million shares (worth NZ523.9 million),
        358 words
      • 50 27 INDICES TURNOVER Close Previous Nov 10 NEW ZEALAND NZSE-40 Capital 1.402.02 1.401.98 +0.04 MANILA Composite Index 1.337.17 1.345.66 -8.49 Turnover (mil pesos) 164.5 254.4 -89.9 TAIPEI Weighted Price Index 3.534.53 3.530.14 +4.39 Turnover (NTS billion) 5.71 6.16 -0.45 SEOUL Composite Stock Index 676.86 686.81 -9.95 Turnover (billion won) unav 1.060
        50 words
  • Page 27 Advertisements

  • WORLD STOCK MARKETS
    • Late sell-off wipes out earlier gains on Wall St
      • Article, Illustration
        1332 28 STOCKS closed slightly higher in quiet trading on Monday after a late sell-off nearly wiped out earlier gains while the market awaited results of the Treasury refunding, key economic news and President-elect Bill Clinton's Cabinet appointments. As they did last week, computerguided buy and sell programs again pro
        1,332 words
      • Article, Illustration
        919 28 SHARES closed weaker on Monday amid worries over a possible trade war between the US and the European Community. The FTSE 100 Index closed 7.3 points lower at 2,695.4. below the key psychological 2,700 mark in moderate trading volume of 514.3 million shares. "The market is straining to move
        919 words
      • 415 28 YO-YOING with the US dollar, shares retreated from their highs to close mixed on Monday. Straight-line movers were to be found in the food sector with active Unilever still falling on disappointing third-quarter profits and Nutricia up in low volume on takeover talk. Anglo-Dutch giant Unilever, trading ex a
        415 words
      • 155 28 STOCKS scored a solid gain on Monday in moderately active trading, as the DAX Spot Trend Index advanced by 1.46 per cent to close at 1,508.80 points. The Commerzbank Indicator tacked on 24.40 points on the day to close at 1,688.30 points. Allianz insurance rose by 25 marks to
        155 words
      • 159 28 HEAVY selling in oil company Total after an explosion at its La Mcde French oil refinery injected an element of interest into an otherwise moribund market on Monday. Dealers said Total (XUFM), which skidded 3.60 francs to 235.90 on unusually heavy trade of 901.600 shares, appears to have hit
        159 words
      • 293 28 SHARES ended mixed on Monday with a slightly firmer bias in thin trade, dealers said. Share prices pared gains after profittaking late in the session. Bearer and registered shares in food giant Nestle slipped 10 Swiss francs each to 1.045 and 1.070 respectively. A softer US dollar and Wall
        293 words
      • 257 28 SHARES closed almost unchanged on Monday, as further weakness in retailer Delhaize was balanced by strength in interest rate sensitive stocks. Delhaize, giving up 1.1 per cent, remained the market's main focus. Traders said the recent fall might be overdone and the stock was trying to form a bottom.
        257 words
      • 311 28 EQUITY prices ended mixed on Monday after listless trading as the market looked for direction from US Presidentelect Bill Clinton's economic policy. The All-share Index was down 12 points to 3,021 while the Gold Index was off 29 points or 3.57 per cent to 784 as gold shares were
        311 words
      • 314 28 STOCKS ended weaker on Monday as uncertainty over the direction of interest rates and a slide in heavily weighted gold shares weigh on the market. "Gold is particularly weak." said John Ing, president of Maison Placements Canada Inc. The Gold-Silver Index slid 136.7 points or 2.53 per cent to
        314 words
      • 222 28 No* t lose IUS NEW YORK IXm Jones 3.240X7 3.240.(16 OKI SAP 4IKSY 4I7.5K >-|.0l lumoxer (million) l»#7.56 205*1 -7.75 LONDON ITSI ItKI 2.6«J5.4 2.702.7 -7.3 turnover(million) >14 1 651.X -137.$ FRANKFURT DAX Index I.50X.M0 1.4X7.16 +21.64 AMSTERDAM LOt Index 27X20 277.70 <0.50 PARIS \< -40 1.7X6.65 -6.«»7 ZURICH SPI
        222 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1190 29 REPORTS THE US DOLLAR ended virtually unchanged against the yen and mark in quiet Tokyo trading yesterday. The currency maintained upward bias against the mark and more people started to see it rising against the yen also, but the market
      1,190 words
    • 398 29 Cross rates Nov 10 USS S$ MS Dm Yen SFr AS NZS USS 1.6360 2.5230 1.6025 124.15 0.6614 1.4385 1.4399 1.9029 SS 0.6112 1.5422 0.9795 75.8863 0.4043 0.8793 0.8801 1.1632 MS 0.3964 0.65 0.6352 49.2073 0.2621 0.5702 0.5707 0.7542 Dm 0.6240 1.0209 1.5744 77.47 0.4127 0.8977 0.8985
      398 words
    • 587 29 Interbank rates s$ Bid Offer Overnight 3/4 7/8 1-month 1 1/2 1 5/8 2-month I 11/16 I 13/16 3-month 1 7/8 2 Overnight mode: 3/4 1SS Bid Offer 7 days 3 1/4 3 3/8 1 month 3 1/4 3 3/8 2 months 3 3/4 3 7/8 3 months
      587 words
    • 296 29 IHT PARIS Britain's complaint that the European ex-change-rate mechanism needs repair before sterling can return to the fixed-rate system is right, but for the wrong reasons, an analysis of the September Currency Crisis suggests. Contrary to British complaints. the currency grid functioned exactly as
      IHT  -  296 words
    • 1465 29 SIMEX EURODOLLAR Open High Low Sell Est Vol Act/Vol Op/lnt Dec 92 96.24 96.24 96.18 96.21 ***** 3999 ***** Mar 93 96.24 96.25 96 20 96 23 ***** ***** ***** Jun 93 95.75 95.75 95.70 95.73 7800 8151 ***** Sep 93 95.25 95.27 95.22 95.25 2700 2324 3356
      1,465 words

  • COMMODITIES
    • 336 30 Reuter KUALA LUMPUR Malaysia's oleochemical industry is planning further expansion despite concerns over excess capacity and a raw material shortage, industry officials say. "The industry's success may bring about potential woes," one said. "This may slow the recent sharp growth." Officials said in recent
      Reuter  -  336 words
    • 263 30 Reuter MIRNY, Russia Industrial leaders in Russia's diamond heartland of western Yakutia say they will fight attempts to break off or renegotiate a US$5 billion (SsB billion) deal to sell diamonds through De Beers, the South African diamond giant. The agreement to
      Reuter  -  263 words
    • 723 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market rebounded from Monday's losses to close 20 sen higher at M$ 14.30 per kg on better buying demand yesterday. Dealers said the local market was steadier on technical correction despite the overnight
      723 words
  • 1353 30 Rubber RAS Commodity Excha tige (futures dosing as at 1pm) RSS1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dcc 92 144.75 144.50 144.75 500 2,700 Jan 93 144.75 144.75 145.00 200 4.275 Feb 145.25 145.25 145.00 200 4,550 Mar 145.50 145.25 145.25 200 5,150
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  • Page 30 Advertisements
    • 767 30 BUSINESS TIMES roll free Tel No 737 0043 'Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY CiIVHN that, I, Cloh Nyang Kuang of 114 A Arulhur Road, #16-03, Katixig Park Tower, Singapore 1543, have applied for a Wholesale Liquor Shop licence in respect of premises at M/s Unicurd
      767 words
    • 30 30 THE BEST PROM EVER! Fun flirty looks lor party animals, The latest on dressing up dating. Win a fab outfit let a pro do your make-up hair 1 GO NOVEMBER
      30 words

  • 1274 31 Ctty Flight ETA Flight ETD Abu Dhabi GA983 1100 GA974 0040 Adelaide SQ227 2230 Amman RJ182 1440 Amsterdam KL838 0040 KL837 1515 GA974 0040 SQ323 1600 SQ324 2215 Auckland N221 1705 N222 1825 SQ288 2040 Bahrain GF149 0650 Bandar Seri BI421 1105 ***** 0930 Begawan SQ181
    1,274 words
  • THE TRAVEL PAGE
    • 545 31  -  POSTCARD FROM HONGKONG By Karim Raslan THERE are moves afoot to take the "raunch" out of Wanchai but the "old girl" has refused to take the changes lying down and. like Bugis Street in Singapore before her, she is putting up a fight. There has been
      545 words
    • 151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1314 1.1473 Canadian dollar 1.2869 1.3130 NZ dollar 0.8500 0.8675 Sterling pound 2.4645 2.4995 US dollar 1.6329 1.6400 Local dollars to 100 units of foreign currency Austrian schilling 14.35
      151 words
    • 99 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Dec 26Valencia Valencia. Feria Mucstrano *****6.11.00 Jan 20-23 British Education Barbican EMAP Intl 071-*****47 Jan 3, International Spain International Training Centre. Exhibitions Ltd. 1993 Trade Fair De Valencia Technology London London Jan 7-10 Autosports Birmingham Hay market
      99 words
  • Page 31 Advertisements
    • 41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details We know Europe from (tart to Finnish.
      41 words
    • 14 31 bs&ss WFoJJer* ■b the most Bb current list o/ j® b If opportun itie
      14 words
    • 820 31 MITSUI TRUST Vgy THE MITSUI TRUST BANKING CQ, LTD. Non-Consolidated Balance Sheet Statements of Income (As of March 31, 1992 and 1991) (Years ended March 31, 1992 and 1991) BANKING ACCOUNT Yen in millions 1992 1991 Yen in millions 1992 fwT Income Interest Income: Aseats Interest on Loans and Bills
      820 words
  • Page 31 Miscellaneous
    • 336 31 1 Managing to bring Henry and Heather together (8) 9 A claret served following a select menu (1,2,5) 10 100 sq metres added to a ~■HI district (4) 11 The average firm has to MB HI ]H|HJ act with resolution (4,8) pH pVHj 13 Drag out a pamphlet from 1
      336 words
    • 157 31 Singapore Outlook: Windy with occasional showers. Report: Maximum temperature 31.1 Assoc humidity 66% Minimum temperature 23.9 Assoc humidity 100% Hours of sunshine 3.70 Rainfall in mm 7.4 Rainfall this month 157.7 Rainy days this month 8 World report Asia-Pacific Hi/Lo* Cond. Auckland 20/14 Cloudy Bangkok 29/25 Clear Beijing 04/-4 Clear
      157 words
    • 31 31 [TO IS NO 'NTefcßuPnrvs; ue PONMSCD I -TO Twe torched M*y Sg. J DO -TO PvCX<ON OUTS u<e-uy e-FFecr J rg \ms~- I ee<XV 1 I ASSOCIATED NEWSPAPERS LTO ISSi 1992
      31 words

  • 489 32 Reuter WASHINGTON Presi-dent-elect Bill Clinton's plan for an Economic Security Council underscores that his top priority is solving US economic woes, but analysts say the council's success depends in large part on who heads it. Economic analysts say the idea is
    Reuter  -  489 words
  • 317 32 Reuter TOKYO A snowballing monev-and-gangsters scandal which has paralysed the Japanese government threatened yesterday to derail an important economic bail-out package. Prime Minister Kiichi Miyazawa. his popularity already near historic lows, awoke to a newspaper poll showing that more than 80 per cent of
    Reuter  -  317 words
  • 363 32 Other Japanese firms likely to follow suit AP TOKYO Japanese electronics giant Matsushita Electric Industrial Co said yesterday it had reached an agreement with US tax authorities to head off disputes over whether it was overreporting costs to evade American taxes. Other Japanese
    AP  -  363 words
  • 339 32 Reuter BRUSSELS Nato Secre-tary-General Manfred Woerner has signalled a new element of uncertainty in the increasingly fragile security relationship between Washington and its European allies trade frictions. During the Cold War, the United States and Europe argued often over trade, but always kept
    Reuter  -  339 words
  • 749 32  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament NRWS of the seemingly intractable breakdown in oilseed talks between the US and the EC must have exasperated other trading nations as much as it
    749 words
  • 448 32 Reuter DUBAI Opec oil ministers are unlikely to meet in the fortnight that remains before their scheduled Nov 25 conference despite alarm about a sharp decline in world prices. Gulf oil sources said yesterday that the time was too short to
    Reuter  -  448 words
  • Page 32 Advertisements
    • 219 32 Every Saturday in Business Times One Day Seminar Stock Market Betas Portfolio Risk Strategies applied in a Bull, Bear or Stagnant Market WHO SHOULD ATTEND: Fund Managers Stockbrokers Research Analysts Private Investors This is a lively workshop designed in an easy-to-learn format. STOCK BETA, a vital instrument in portfolio risk
      219 words
    • 252 32 Every Saturday in Business Times i Seminar on JmXj H Singapore Citizens I Working Abroad I As local companies expand and multinationals based in Singapore seek to secure regional and global markets, the need for the mobilisation of key staff and personnel is increasingly important. More and more employers are
      252 words

  • Shipping Times
    • 484 33  -  Maritainer's move part of major push into Asia-Pacific region By Juliette Walker SINGAPORE Container lessor Maritainer France has appointed Inchcape Shipping Services as its agent for Asia Pacific as it shifts its focus from its European base to Asia. Jean-Michel Monsonego, managing director
      Edited by Rahita Elias  -  484 words
    • 277 33 AFP ABU DHABI An increase in coast guard patrols and threats of prosecution have failed to curb oil tankers from dumping in the Persian Gulf, by far one of the world's most polluted bodies of water. More than 100,000
      AFP  -  277 words
    • 1205 33 Page 1 Col ABC Containcrline 12 1 Accord Group 8 1-3 •Ahrcnkic! 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 •ASXCL Shpg 15
      1,205 words
    • 240 33 AFP AMSTERDAM The Greenpeace environmentalist group said here on Monday it had chartered a tug to shadow the Akatsuki Maru. a Japanese ship that is carrying 1.5 tonnes of plutonium .from France to Japan. A Greenpeace spokesman said that the Smit New York,
      AFP  -  240 words
    • 326 33  -  By Dexter Lee SINGAPORE The Port of Singapore Authority has given S 5 3.240 to start" of 23 departments for helping the statutory board cut down operating costs in 1990. The money came from a new scheme the PSA introduced
      326 words
    • 268 33 Reuter MARSEILLE. France Explosions ripped through a major oil refinery near the southern French port of Marseille early on Monday, killing five people and seriously injuring one, the refinery's owners said. Eight people were on duty at the time of the blast, which occurred
      Reuter  -  268 words
    • LOG BOOK
      • 67 34 MARSEILLE, France Dockers in the Marseille-Fos port on Monday overwhelmingly rejected employer proposals on using labour, launching a challenge to the government as well as the employers, observers said. Some 71.2 per cent of those voting opposed the employer proposals, despite the government's desire to
        67 words
      • 68 34 WASHINGTON The Inter-American Investment Corp has approved a USS6 million (559.7 million) loan and US$l million equity investment for the construction and operation of a new private grain port facility in Argentina. The total cost of the project, undertaken by Puerto Ramallo, an Argentine company,
        68 words
      • 72 34 OSLO Three crew were injured in an explosion on a cargo vessel berthed at a Norwegian aluminium plant, the national news agency NTB reported on Monday. Two of the crew on the Jupiter were only slightly injured in the explosion early on Monday. The
        72 words
      • 45 34 SDYNEY Captain Sharelle Quinn sitting at the controls of a Boeing 767 at the Qantas Jet base here. Quinn. who claims to be scared of heights, is the first of Qantas 14 female pilots to command an aircraft as a captain.
        45 words
      • 66 34 EAGAN, Minnesota A trade journal reported on Monday that a deal for KLM Royal Dutch Airlines to invest up to US$5OO million in new money in Northwest Airlines has collapsed. Commercial Aviation Report had reported the deal last Wednesday. A congressman also said there was such a
        66 words
      • 43 34 TOKYO Japan's Nissan Motor is planning to assemble its cars in Pakistan starting in 1994. Assembly will be conducted by National Motors Ltd, which was recently purchased from the Pakistani government by Nissan's local distributor, Ghandhara Nissan Ltd.
        43 words
    • Article, Illustration
      981 34  -  Aircraft manufacturers companies considered as relative bright spots in an aerospace industry racked by shrinking military budgets are now undergoing a protracted conflict of their own. Bruce Smith and Richard O Lone report Bruce Smith,Richard O'Lone Aviation Week Space Technology The production rate for the McDonnell Douglas
      Aviation Week & Space Technology  -  981 words
    • 891 34 Rudie Basson gives his views to Lloyd's List on the port's upturn in trade IN CONTRAST to other South African ports. Cape Town has experienced an upturn in trade. During 1991. the total cargo handled was just under 5.5 million tonnes, up from
      891 words
    • 9615 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      9,615 words
    • SHIPS IN PORT
      • 630 49 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue Jurong Port HMS l/B 012 92 J3 alongside 1111/1500 Neftegaz 5 01/92 J12 alongside 11 11 0600 Novoarkuangelsk 01/92 J7/8 alongside 11 11/2300 Saburai Meranti 11/92 J3 alongside 11.11 0900 Santa Barbara J10 alongside 11
        630 words
      • 1695 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS s>* Voy No Containers avalabie Ship Voy No Containers avalabie Vira Bhum 25N 0911 92 0855 Nor Sun 9236-3 COO(EST) 1011.92 0700 Guru Bhum 627 09.11 92 0858 Kuala Siak 5 SI180 COO(EST) *****2 2030 Geniki 28/92S 09.11 92 0900 IBN
        1,695 words
    • 911 50 I)R\ CARGO freights were boosted by active demand for panamaxes following recent Chinese and Russian grain purchases in the US. brokers said on Monday. The BFI repeated Friday's 11 point rise to stand at 1.146. again up 11. The market was also underpinned by talk in grain circles
      911 words
    • 331 50 THE FREIGHT shipping market was boosted last week by the sale of 1.6 million tonnes of US subsidised wheat to China and hopes of more sales to Russia and Pakistan. The market indicator, the Baltic Freight Index (BFI), rose 24 points against the previous week to close at
      331 words
    • 307 50 Nov 18 19: Ship Chartering Practice Charter Parties Negotiation. organised by Traffic Management Consultants Singapore. This two-day seminar, designed to meet the need of securing concise k and fundamental knowledge in ship chartering, will be held at The Plaza Hotel, Kuala Lumpur. For further information and registration. please
      307 words
    • 517 52 As6sm loss drives shares down to record low AFP SYDNEY Angry shareholders hissed the TNT Ltd board at its annual general meeting after the Australian transport giant's first quarter loss drove its shares to a record low yesterday. The company's shares crashed 17 Australian
      AFP  -  517 words
    • 283 52 Reuter LONDON Unions representing 25,000 manual workers at Ford Motor Co's British subsidiary said on Monday they were starting a ballot over industrial action after the company announced more than 300 forced redundancies. Management and unions met on Monday for a regular meeting
      Reuter  -  283 words
    • 530 52 NYT WASHINGTON Continental Airlines announced on Monday that it had accepted a bid from Air Canada as part of a plan to merge the two struggling North American carriers and then look for further alliances to create a competitive global carrier. Air
      NYT  -  530 words
    • 609 52 Air France" likely to be included in the arrangement AP LONDON Air Canada's deal to rescue Continental Airlines from bankruptcy court could create a threeway global alliance that also includes Air France. The Canadian airline said it hopes to broker an arrangement that would
      AP  -  609 words
    • 352 52 Reuter DUBLIN Bankers for GPA Group pic. the world's largest aircraft-leasing firm, are locked in talks over a refinancing package to help the company out of a cash crisis, aviation sources said on Sunday. GPA, brainchild of Tipperary railway man's son
      Reuter  -  352 words
  • Page 33 Advertisements
    • 25 33 Lines and services represented by /£SStt&\ Members ef the Registry el Accredited S |£soc£t!o S4nS>P r NatkHMl /•or advertising enquiries, eontaet Shipping Times Tel 740-20X9/740-2<m
      25 words
    • 159 33 MARINE RERJSE SACKS fc- The solution to waste packaging problems at sea Made of 2 plies of wetI strong kraftpaper t 100% biodegradable FUJI TRADING (SINGAPORE) PTE LTD 264 1755 FAX: 265 0443 Hit by slump, Page 2 Angry shareholders hiss at TNT board, Back Page We Offer More Service
      159 words

  • Page 34 Advertisements
    • 82 34 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 people
      82 words

  • Page 35 Advertisements
    • 2851 35 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES \illf/ Find out how BOOKINGS TEL *****34 *****58/ *****40 ■aillf WW* "Vll CFS (PSA F5) TEL: *****21/ *****79 pDAAAfIn PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. A PORT KELANG TEL *****18 FAX *****91 *****88 ScllUlS <3 it? PENANG TEL: *****4 FAX *****1 CFS TEL
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    • 2791 35 ■□iV.HiHU'L'H WEEKLY DIRECT CALL TO SHIMIZU REGINA MAERSK V 9213 SIN 19/11/92 ETA SHIMIZU 1/12/92 Vessel Voy ETA ETO Feeder by Sea Lark. Aries DESTINATIONS This MM MagleDy Maersk 9210 17/11 0800 MRS CFS 16/11 2359 MRS JOM LPK PEN OAK LGB HOU MEM ATL MIA CHS BAI PHL NYC
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  • Page 36 Advertisements
    • 1505 36 ROAM/ mmmm VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE KITANO 16/145 12/11 28/11 1/12 29/11 THAMES 14/345 14/11 24/11 2/12 5/12 7/12 9/12 RXT KUANS I POMMG ELBE 13/146 19/11 5/12 8/12 6/12 fittCO 10 ÜB/CONTMENT KATSURAGI 12/346 21/11 1/12 9/12 12/12 14/12 16/12 COWCCTED
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    • 460 36 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 ociwrcins AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE NEPTUNE <15/11 POL EAST 19/11 VILLE DE
      460 words
    • 1538 36 miWASIA URI REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT# FEL LHA NORASIA PEARL 9237-3 17/11 OS/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 24/12 CMNA SEA 239W 30/11 21/12 23/12 26/12 27/12 27/12
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  • Page 37 Advertisements
    • 1942 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11*01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 accepts cargo du saks MB MUUH VIOt KK. Skan, Taw 13 14 Not 14 Nov It Nov j AA) AH BROOKE V2IE Mima lab 13-14 No« IS Nov It Nov <UM;jkPrWF >nwm^nM
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    • 2764 37 SINGAPORE AGENT: <rj y|rwf»p P&O Container* (Singapore Agencies) Pte Ltd a\ X iXW VjlillLCllllvi o 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Wr% h Wk*ll\ Te) 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z FYDODT imbapt EXPORT IMPORT VESSEL VO* *P»KJ -PKQ SM
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  • Page 38 Advertisements
    • 663 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/WY STOW ROAM WAM HBUR6 BREMEN ANTWERP MAT ARAM 33W8 21/12 24/1 29/1 4/2 1/2 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducamant. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Trieata. ALSO ACCEPTING CONVENTIONAI CARGO VIA
      663 words
    • 1539 38 HANJIN SHIPPING FDR VSI SM LINE HAUL LGB OAK FM VSI SM IIM KAU SAV HM NYC HANJIN BREMEN 006t 14 11 DIRECT 612 9/12 HJ KNANGTANG 09SE 16/11 N. YOKOHAMA 042E 23/12 24/12 27/12 HANNN FELIXSTOWE 015E 22/11 UMECT 13/12 16/12 HANJM KUNSAN OtlE 23/11 M PIENTT O?SE 31/12
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    • 1263 38 dlfl AU "IH: M =1J 1... Wl 0» Kl SK iro Ul CMS BAI NTC IHV Ml W W WC f» CM HI i (GOMCKOU 12/11 12/11 U/U 20/U 22/U 2VU 21/1121/11 2VII U/U 2/12 11/12 24/12 27/12 21/12 7/1 1/1 1/1 11/1 11/1 21/1 31/1 4/2 S/Z| E emu
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  • Page 39 Advertisements
    • 1810 39 Hi II PLEASE DIAL TEL: *****00 I ill I FOR ALL BOOKINGS (NOL SERVICES) I ST ro Pftw. usajffLANOPOtuTS Iro ctitrmm ■us quit■ mum powt»- atumtk vugut J U FEEDER VSL VOY SOP MOTHER VSL VOY SET FLU MIN/ VESSEL VOY SGP LOS OAK VAN CHI DAL>HOI MPH ATI. NYK
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    • 1248 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES £AS TBOUC—DISCHARGING WESTBOUW-LOMMMG TRANSHFPED VIA
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  • Page 40 Advertisements
    • 1858 40 KT W* ff AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W ¥T\ TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 |\l H. MALAYSIA: "K* UNE MARITIME (MALAYSIA) SDN BHD i* JL m m TELSA *****00 PK *****01/5 PENANG *****0 J*****01 HBHi KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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    • 825 40 PHI LI-ORIENT UNfS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU Wig MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 8 NOV SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 8 NOV AUCKLAND. WELLINGTON.
      825 words
    • 303 40 GOLDEN LINE %CGSv GUAN GUAN SHPPWG TSSSX pTE > ltd MMIw Strwt SOKAPOK 0104 ia. U***** (1* UK) Fax: *****04 (CI No. **********0*) iT»Am/m«iAH oplf mna S pore P. KHang Penanj GOLDEN SIM Karadt Doba/Daman 21/21 Hoi Karach/Dota/Dw 0/10 8k chpia oeetick HONG Ql 119 China Port 24/2* Nw TWIN
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  • Page 41 Advertisements
    • 1065 41 PACIFIC INTERNATIONAL LINES (PTE) LTD mm m iim ii M M 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA ~~~l I BANGKOK I VESSEL VOY SIM JKT SIM VEB#EL EQUATOR HAWK MM 7." SINO OCEAN INB 11/11 U/11 17/11 KOTA INDAH SUPER SIX
      1,065 words
    • 1507 41 EXPRESS CONTAINER SERVO TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P PGUDANGI PENANG PKELANG I OCEAN VSL/VOY SIN SOU (I) RTM (2) HAM (3) GOT (4) 13/11 13/11 14/11 TOYAMA 2452 17/11 4/j2 6M2 7/12 9/12 E 20/11 20/11 21/11 AROSIA 2462 24/11 11/12 13/13 14/12 16/12 0 27/11 27/11 28/11 NIHON 2472
      1,507 words
    • 291 41 °BSA° TRANSPORTATION MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P Klj Pen P Gdf AVA VIISW to Pi PATHEW VI2OW 12/14 No* HP* AN VI MM 17/21 Nov PAGAN Vlt9M 24/26 No. NIGERIAN NATIONAL SHIPPING LINE HP NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 26
      291 words



  • Page 44 Advertisements
    • 2552 44 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: Genera/ Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Cluing Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Stmmg Fre&i Booking Centre Sdn Bhd 58 Persiaran Raja Muda Musa Lot 3.34, 3rd Floor, jl IR H Juanda
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    • 305 44 SAJNUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET ■■■■I #03-01/02 NATWEST CENTRE 3 Slngapon 0108 Tatex: R*****0 Tat: *****91-3 Fax: 225 4035. 227*136 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SJN/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 1007 IN PORT 14/11 (SAT) MERKUR DELTA 947 12/11 (THU) 15/11 (SUN) PELOPOR
      305 words

  • Page 45 Advertisements
    • 631 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 15/TI ROTTERDAM 15/11 HAIFA/ASHDOO/ALEXANDRIA 15/TI HAMBURG/BREMEN 15/TI MARSEILLE/FRANCE 15/TI FELIXSTOWE/UK 15/TI BARCELONA/SPAIN 15/TI LEHAVRE/ANTWERP 15/TI GENOA/ITALY 15/TI GOTHENBURG/SCANDINAVIA 15/TI LOS ANGELES/WC/IPI 15/11 SYDNEY/MELBOURNE 13/TI NEW YORK/EC 15/TI FREMANTLE/ ADEL AIDE 12/TI VANCOUVER 15/TI
      631 words
    • 684 45 OT RICHFIELD MARINE AGENCIES (S) PTE LTD &1 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESS€L |VOV ETA LOACXNG FOR SPORE ABBAY WONZ 34W8 20/12 OARESSALAAM MOMBASA DJBOUTI ASSAB. MASSAWA NETSANET 27W8 15/01
      684 words
    • 460 45 JAKARTA KIT! BHUM 04S 12/11 15/11 MMM BHUM l» JjjjTg Sm 15/11 BP"* W V* »V» *7/11 MWU BHUM SOW Fri 13/11 Her U/ll mm mm urc LZZii ?o/ii wwo> bhum nsw s*t u/n mn it/11 mil WM OM 19£11 H/U G KOWTSfV 01N Mm 16/11 Thu IS/11 St"" sa
      460 words
    • 367 45 ®aa®sfl neen-une VBL VOY SMGAPORE MADRAS SMQAPOfIE «ssd in mm sn TKa MKM 4IN 13-14/11 19-21/11 20-27/11 no* srao 23m in 7/11 2125/11 0142/12 TKO SIM 42R 15-20/11 2* 27/11 OJ-04/12 TKa ma 23in 23-24/11 30-02/12 oms/12 VBL VOY SMGAPORE/CALCUTTA/BSIGAPORE rasa vor cm. s* EJKU BREEZE 105 11-12/11 11-22/11 2»-2S/ll
      367 words

  • Page 46 Advertisements
    • 1876 46 pp BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SM N Z STAR 0532* 19/11 1/12 3/12 19/12 PREMIER 21S 30/11 12/12 14/12 30/12 WITH OPPORTUNITY TO CALL TOWNSVILLE ABOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW
      1,876 words
    • 920 46 THONG SOON UNES PTE. LTD. M: 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDMG SWGAPORE #106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I CONVEWnONAt/CONTAINER I cWfAWWIWWB SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor |S Po»£ [BEST VESSEL WT SPOtE f.
      920 words
    • 249 46 CCNI Companla Chltena dm NmQtcion InttfOCMnici B.A. SEASPAC SERVICE ACCEPTING CONTAINERS AND BREAKBULK DIRECT SERVICE TO SOUTH PACIFIC ISLANDS sm mou stw rrr lANKA I 420*8 1/12 13/12 16/12 21/12 PAIEMBMG 4304C8 29/12 11/1 14/1 20/1 DIRECT SERVICE TO CHILE. PERU. BOLIVIA sm a* cm s*i/v«f m IAMM II 4203E8
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  • Page 47 Advertisements
    • 797 47 COMPANIA PERUANA DE VAPORES V "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BLL OF LADING WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/IAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOD, TOKYO*. MANILA*, DAVAO*. Pen»n|* P. KeUnj
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    • 631 47 lm zim |^y| CMtBlMf Sl¥lC» UAL! N.AMERICA/CARRIBEAN SERVICES KSStI YOI Sm MANLWIR VOY LA» KSI SAY NYC HFI M ELAI 111 20/11 AM MRIA 37E 20/12 29/12 2/1 4/1 «/l m TOKYO 76E 2/12 M HONGKONG X 10/12 »/l 12/1 14/1 li/1 m OSAAA 24C 61? M SAVANNAH 3* 16
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    • 636 47 REGULAR LINER SERVICE FIXED DAY SCHEDULE (jg) NAJD LINER SERVICE POUT KLAMG/ JAKARTA/ SINGAPORE/ PORT KLAMO VOY EID KG ETA Kl (It SM M/V UOM 92/1 1/12 5/12 1/12 M/V UOM 92/2 J/12 13/12 16/12 M/V UOM >2/3 17/12 21/12 24/12 Speeda Lines PI IA ro<T WJ G STaE^ /Ban***,SW6APOK
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    • 386 47 liuimhiiIIIMIMBJIMJ MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAMO BOOKING LUCKY TRANSPORT FREIGHT CO (PTEI
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    • 345 47 S|N PAR EAST 17/11 KEELUNG/KAOHSIUNG 15/11 BANGKOK 20/11 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 S|N CHINA 16/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si 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 15/11 LOS
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  • Page 48 Advertisements
    • 776 48 ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods from door to door trucks for home deliveries at cost
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    • 409 48 Hon term/ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19TH NOVEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 15 NOV JAKARTA 15 NOV PENANG 19 NOV PORT KELANG 16 NOV MELBOURNE 18 NOV SYDNEY 18 NOV FREMANTLE 12 NOV BBISBANE 15 NOV HAMBURG 14 NOV FELIXSTOWE 14 NOV GOTHENBURG 14
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    • 349 48 This Week's Sailings j To: E ID To: ETD Singapore Singapore EVERY EVERY Bangkok WED SUN Hamburg SAT jf EVERY EVERY K SKEOI Manila FRI MON Ho Chi Minh FRI iflWft J"Pii EVERY EVERY Colombo MON Ix»s Angeles SUN qC- Tel: Fax: von < tun/ Mm Singapore 778 6522 *****38
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    • 510 48 CHINESE-POLISH MA JOINT STOCK SHIPPING CO 1 CONTAfO/BREAKBULK ISM MOMUSZKO Vl7 2S/U ROTTEKOAM HAIUURC/GOTMA HO HAPPY VO5 8/12 CASABLANCA IAXJNG VOl 24/11 SHANGHAI/XMGANG B PRUS V 26 11/12 HUANGPU BALTIC FAR EAST SHIPPING PTE LTD 2 HSTRI ROAD #10 00, HMC BULDMG, STORE 0207 TEL: *****69 FAX: *****09 TLX: K
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  • Page 49 Advertisements
    • 1319 49 NEDLLOYD SERVICE TO REUNION FIXED DAY DEPARTURE WITH FAST TRANSIT TIME Nedlloyd Lines Z Z TSTS Z 2m G. Bhum B Seroia 13/11 11/11 NIL America/2402 17/11 5/12 6/12 8/12 9/10 10/12 8/12 9/12 NIL Rouen *****# 18/11 21/11 20/11 19/11 23/11 27/11 10/12 20/12 12/12 14/12 15/12 15/12 16/12
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  • Page 50 Advertisements
    • 414 50 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR LUZON 4NB 13/11/92 (FRI) 18/11/92 JIN MSH H^IR VIGOUR SINGAPORE 40NB 16/11/92 (MON) 21/11/92 SOUTH HARBOUR VIGOUR PACIFIC 76N8 20/11/92 (FRI) 25/11/92 FRI NORTH HARBOUR VIGOUR LUZON SNB 23/11/92 (MON) 28/11/92 I TRM<SIT PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL
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    • 39 50 HIAP WOON SHIPPING (S) PTE LTD TWICE MONTHLY CONVENTIONAL SERVICE TO YANGON VSL/VOY SIN YANGON GINA N 30/11 5/12 70 SHE NTON WAV. #04-02 A MARIN* HOUSE. SINGAPORE 0207 TEL: *****11 FAX: *****95 TLX: RS ***** TtOYOCO CABLE: GIORYCARGO
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    • 368 50 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/11 20/11 Huangpu< Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCU EXPORT TO: CHIN A/BANOK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please
      368 words
    • 232 50 CONTAINER LINE „~v/ f s ——^1| AUSTRALIA WEEKLY CONSOLIDATION 0" SYDNEY ADELAIDE MELBOURNE FREMANTLE BRISBANE FREMANTLCp > J S ADELAIDE X «S SYDNEY Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD MH.BCXJ**! 133 New Bridge Road #09-06 Chinatown Point S'pore 0105 VESSEL I VOYAGE SINGAPORE PORTS OF CALL IN
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  • Page 50 Miscellaneous
    • 562 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 )R 2 6 2 5 2.1 16 1.2 1 0 1 0 1.1 16 2 3 2 9 3.2 3
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  • Page 51 Advertisements
    • 1077 51 Ik HYUNDAI WEBCHAMT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PKE+ PGD+ SIN RTM ANT* LEH* HAM BREj Fa SL INDEPENDENCE 302W 13/11 13/11 13/11 15/11 4/12 4/12 5/12 5/12 5/12 «/12 H FRONTIER 302W 27/11 27/11 27/11 29/11 IS/12 IS/12 19/12 19/12 19/12 22/12 H. CammANDER 301W 4/12
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    • 448 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS INBOUND VESSELS kessel w sp n ik u t ASTERN RUBY (SID SID TIMS UTO 45 Sit ■PT MA IS/11 TARJQK (MAS H IPT COSMIC TRADCR 31 IS/It COSMIC PKMEEI 2( U/ll U/ll MIICIA 17 20/11 25 11 MAMt MKIU 171
      448 words
    • 952 51 EXPORT TO: JEDDAH/UK/CONTINENT I STORE CD SI OK H-BUtG R*DMN LEH Abo C»|o For KIIANO U/14S 12/11 21/11 1/12 20/11 Souflunvtor :I. j|« dejtiubor. Mm! and Out* THMCS 14/345 14/11 24/11 2/12 S/12 7/12 0/12 Ratted** :I* d Antwtrp hratodan. o*. Hctsriu |«U|U*£^^H ELK 13/144 10/11 5/12 1/12 S/12 Souttunptw
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  • Page 52 Advertisements
    • 94 52 Every Saturday in Business Times %s« «w >-'- v--, ,'3<. y<> ■'r > 1 \V I. ft& *y> Q".« »v <* s x 14-- .„...>, 4 /> r. > $:k 4/*.■* A f? > r- 1';' > 'J-*- > J :.v < 'r *"*'*<'*'' rv< v < ><- v '<
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    • 82 52 Every Saturday in Business Times kSiIUIU •M.V.-OAFIT VOV4» Arrived 4th November 1992 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 12th November 1992 0900 1200 hours at PTIO. No further survey will be entertained thereafter. AaAoOTtotlCUmKHiai AB
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