The Business Times, 16 November 1992

Microfilm: NL18511
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, November 16, 1992 75*
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  • NEWS SUMMARY
    • Article
      Daimler-Benz eyes high-speed rail contract in Taiwan
      51 1 TAIPEI The ehairman of Germany's Daimler-Benz, said here yesterday his firm was hoping to obtain a contract to build a high-speed railway system in Taiwan. Edzard Reuter told reporters he would brief officials on the German ICE highspeed system during a seminar here
      51 words
    • Article
      Daewoo to invest in Pakistan
      55 1 KARACHI South Korea's Daewoo Corp is negotiating with the Pakistan government an initial investment of US$4OO million in an industrial complex, officials said yesterday. A Daewoo delegation offered to set up an industrial estate at Bin Qasim port, 65 kilometres east of here, provided the
      55 words
    • Article
      Leaders' challenge
      33 1 THE problem for Singapore's leaders is to convince a sceptical and complacent public that their perception of "plenty and peace" is wrong. Senior Minister Lee Kuan Yew said yesterday Page 2
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    • Article
      Fall in investment
      23 1 THAILAND, once one of Asia's prime destinations for foreign investment, is fighting a rapid decline in overseas interest Page 8
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    • Article
      Free market challenge
      34 1 FROM the jungles of Malaysia to the skyscrapers of Seoul, free-market enterprise operating under authoritarian governments in East Asia is posing more than a business challenge to the West. Page 9
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    • Article
      EC row
      37 1 THE European Community risks having to operate on a reduced makeshift budget next year because of a row with the European Parliament, officials said yesterday, ahead of a meeting of budget ministers here Page 11
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    • Article
      Unsung hero
      31 1 MANY of Asia's economies would probably not have reached their present level of development or industrialisation without the subtle, and often unrecognised, contribution of their primary sectors. Page 12
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    • Article
      Sweet dreams
      21 1 DREAMING of success, plus a little help from Vivaldi, may well be the key to achieving success Page 13
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    • Article
      Bunker surcharges
      29 1 MEMBERS of the Transpacific Westbound Rate Agreement have decided to keep bunker surcharges at current levels for the first quarter of next year. Shipping Fimes, Pg 1
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  • MARKET SUMMARY
    • Article
      SCS eyes Vietnam
      33 1 LISTED Singapore Computer Systems is looking to Vietnam for new business opportunities. The company's long-term target is to raise its revenue from the region to 40 per eent. Page 3
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    • Article
      Manila's mutual fund
      42 1 MALAYSIA'S Hong Leong Group will soon launch a 200-million-peso mutual fund in Manila. The closed-end fund will be handled by the group's associate, the Hongkong-listed Guoco Group Ltd, through a wholly-owned subsidiary, Dao Heng Fund Management Ltd. Page 3
      42 words
    • Article
      Higher Lippo stake
      28 1 CHEUNG KONG (Holdings) will increase its stake in Lippo Ltd to about 12.61 per cent by subscribing to a HK$2OO million convertible note. Page 4
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    • Article
      Steel makers hard hit
      30 1 HARD-HIT by a prolonged economic slump, Japan's major steel makers suffered a severe downturn in business in the first six months of fiscal 1992 Page 4
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    • Article
      European steel crisis
      37 1 EUROPEAN steel makers, in the throes of a crisis increasingly reminiscent of the industry's painful shake-up in the late 1970s and early 1980s, are again calling on the European Community for help. Page 5
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    • Article
      Poaching brokers
      17 1 MONEY brokers are worried by the growing incidence of poaching in the industry Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 683.47 +1.46 Kuala Lumpur ...650.62 -1.61 Tokyo 16.330.79 -46.14 Hongkong 6.366.56 -80.55 Sydney 1,371.7 -3.6 Thursday Change New York 3.233.03 -6.76 London 2.697.5 -28.9
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    • Article
      CURRENCIES
      23 1 Exchange rates US$ S$ 1.6330 100 Yen SS 1.3180 MS SS 0.6470 Money market rates Overnight I 3/4% +1/16 3-month 2% +1/8
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    • Article
      COMMODITIES
      30 1 Rubber S'porc Dec 146.00 c /kg +1 M'sia Dec 222.50'/kg unch KL Tin Turnover 65tonncs unch Spot MSI4.45/kg +0.24 Crude palm oil Turnover 1.867lots -932 Dec M$970 /tonne +12
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  • Article
    Govt to allow CPF to be used for older properties
    493 1  -  New lease of life for properties with 60 years' lease left By Lilian Ang SINGAPORE The government is relaxing the Central Provident Fund rules on property transactions and will allow CPF funds to be used for buying properties with only
    493 words
  • Article
    PM Goh: Cabinet renewal is top priority
    512 1  -  National leadership should not be left to chance, he says By Anna Teo SINGAPORE Finding new candidates of ministerial calibre is his top priority, Prime Minister Goh Chok Tong told People's Action Party (PAP) cadres yesterday. Of his three mission goals to ensure
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  • Article
    Lock icon Taiwanese investments in China hit US$3.6b, says report
    195 1 AFP TAIPEI A total of 2,857 Taiwan firms have channelled US$3.6l billion (555.89 billion) into China through indirect investments over the past two years, a report by the Medium and Small Business Administration (MSBA) said yesterday. The report, made public for the
    AFP  -  195 words
  • Article, Illustration
    M'sian golf club gives membership drive a new swing
    320 1  -  By Kooi Cho Teng SINGAPORE THE flood of golf clubs opening up across the Causeway and elsewhere in the region is forcing clubs to come up with novel ways to attract customers. Starhill Golf Country Club, which is a 20-minute drive
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  • Article, Illustration
    Lock icon Stanchart selling choice residential properties in S'pore
    457 1  -  By Lilian Ang SINGAPORE Standard Chartered Bank (Stanchart) is selling its stock of choice residential properties in Singapore as part of a larger move to consolidate its operations worldwide. Christopher Harrison, chief executive of Stanchart's Singapore operations, told BT: "We feel that we'd
    Picture by Arthur Lee  -  457 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      207 1 i3S|^ hmk: -.^^^fKM j\ wane i tfflrili B A*craft Schedule 29 Market Reviews 25 Unit Trusts 22 Commodities 28 Money Charger Rates 29 Weather 29 Company News 3-5 Money Market 27 World News 9/11 Cryptic Crossword 29 Regional News 8 Financial News 6 S£S 20-22 Business Times address: Times Futures
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      Page 1 Advertisements Column 2
      109 1 Hock Lock Siew: Good times set to roll again, Pg 3 Remember when flying made dreams come true? Once, an aeroplane flight opened up a world of new opportunity for you. Even today, every business flight represents a chance to achieve a new goal. And when you set your sights
      109 words
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      Page 1 Advertisements Column 3
      12 1 no place like home with Dulux. THE WORLD S NO 1 PAINT
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Lee sounds warning against complacency
      526 2  -  PAP biennial cadres' conference Reports by Anna Teo SINGAPORE The problem for Singapore's leaders is to convince a sceptical and complacent public that their perception of "plenty and peace" is wrong. Senior Minister Lee Kuan Yew said yesterday. The leadership must convince Singaporeans that the
      (File picture)  -  526 words
    • Article
      Tony Tan and Dhanabalan to remain in CEC
      218 2 SINGAPORE Former ministers Tony Tan and S Dhanabalan remain on the People's Action Party's Central Executive Committee, the party's core policymaking body. PAP cadres returned all the elected members of the outgoing 21st committee except Mr Dhanabalan in the biennial election at
      218 words
    • Article
      Need to ensure that incomes rise faster than inflation
      253 2 SINGAPORE The real challenge in tackling rising costs in Singapore is how to ensure that incomes continue to rise faster than inflation. Senior Minister of State (Trade Industry) Lim Boon Heng said yesterday. Speaking to party cadres about the cost of
      253 words
    • Article
      EDB, Apple to help build expertise in prototyping
      291 2 SINGAPORE The Economic Development Board and Apple Computer are teaming up to help build local expertise in prototyping, a support service essential to product design and development activities. The board and Apple Computer are leading a team of six local companies, mainly
      291 words
    • Article
      Lock icon Manila pessimistic about US deal
      173 2 Reuter MANILA Philippine negotiators voiced pessimism yesterday that they would be able to reach a satisfactory deal with Westinghouse Electric Corp to allow Manila to operate a nuclear plant the US firm built in 1985. Failure by both sides to reach a compromise agreement would
      Reuter  -  173 words
    • SINGAPORE ROUNDUP
      • Article
        Singapore and China to sign tourism agreement
        99 2 SINGAPORE and China will sign an agreement today to boost their two-way tourism flow. The 'Protocol on Tourism Cooperation' will be signed in Beijing by Leong Chee Whye, chairman of the Singapore Tourist Promotion Board, and the China National Tourism Administration. This agreement
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      • Article
        Chia Thye Poh can live on mainland
        120 2 THE GOVERNMENT has decided to allow Singapore's longest-serving political detainee Chia Thye Poh, who had been required to return to his home on Sentosa island evecy night, to live on the mainland. The Home Affairs Ministry said yesterday the government was satisfied that
        120 words
      • Article
        Lim Boon Heng in Surabaya
        87 2 SENIOR Minister of State for Trade and Industry Lim Boon Heng is in Surabaya, Indonesia, for two days 'to participate in the 17th Conference of the Federation of Asean Economic Associations (FAEA). The theme of this year's conference is "The Asean Free Trade Area (Afta)
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      Page 2 Advertisements Column 1
      411 2 This 2-day conference brings together concentrated buthuhbhibbbhbWWSWßWWßßßßlW information of critical importance to ensure you further your Investments and growth and most Importantly •Mr Nguyen Van ,ch Vice Chairman. State Committee for how to 3UCCOCd In Vietnam Investment and Cooperation Mr Tran Quan Ngoc, Vice General Director, Investment Transaction Centre. SCCI
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      Page 2 Advertisements Column 2
      362 2 H Singapore Institute of Management in conjunction with the X University of London invite applications for the Master of Science in Hj H Financial Management programme. The MSc in Financial Management is T| designed to meet the educational needs of professional financial managers. Course Structure V y This is a
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  • COMPANY NEWS 1
    • Article, Illustration
      SCS looking to Vietnam for business opportunities
      334 3  -  Company aims to raise regional revenue to 40pc: MD By Teh Hooi Ling SINGAPORE Listed Singapore Computer Systems is looking to Vietnam for new business opportunities. Managing director Tay Siew Choon says the company has made two or three trips to Vietnam and
      334 words
    • Article
      Lock icon Berjaya group to buy household and personal care products company
      503 3 Bernama KUALA LUMPUR The Berjaya group, one of Malaysia's largest conglomerates, is venturing into the personal items and brand-name goods business with the proposed acquisition and management buy-out of the Unza group in Malaysia, Singapore and Hongkong. The Ms6s million
      Bernama  -  503 words
    • Article
      Lock icon AISB profit plunges 94pc to M$1.1m
      243 3 Bernama KUALA LUMPUR Amalgamated Industrial Steel Bhd (AISB) has reported a 93:7 per cent drop in group Operating pre-tax profit to MS 1.09 million (S$700,000) for the year ended June 30, 1992 against M$ 17.27 million the previous year. I In releasing its latest
      Bernama  -  243 words
    • Article, Illustration
      Lock icon Good times set to roll again
      775 3  -  THE HOCK LOCK SIEW COLUMN Third-quarter growth augurs well for Singapore stocks By Mano Sabnani SINGAPORE The higher growth sate of the Singapore economy in the <h£rd quarter contains a very important Signal for investors. It provides the first tangible evidence that the economy
      Source: Bloomberg  -  775 words
    • Article
      Hong Leong Group to set up 200m-peso Manila mutual fund
      385 3  -  From Al Labita in MANILA MALAYSIA'S Hong Leong Group will soon launch a 200-million-peso (Ssl3 million) mutual fund in Manila. The closed-end fund will be handled by the group's associate, the Hongkong-listed Guoco Group Ltd, through a wholly-owned subsidiary, Dao
      385 words
    • COMPANY BRIEFS
      • Article
        Use of proceeds in order: MHS
        108 3 KUALA LUMPUR Malaysian Helicopter Services Bhd (MHS) said on Saturday that the use of its rights issue proceeds is in accordance with the purposes set in its abridged prospectus dated Nov 27, 1991. Replying to a query from the Kuala Lumpur Stock Exchange, MHS
        108 words
      • Article
        Poly Glass rights oversubscribed
        58 3 KUALA LUMPUR Poly Glass Fibre (M) Bhd's rights issue of 3.95 million new shares has been oversubscribed by 351,924 shares. Utama Wardley Bhd said in a statement over the weekend on behalf of Poly Glass Fibre that the surplus application monies of M 5750,545.20 from unsuccessful
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      • Article
        Funds for Tradewinds (M) buy
        80 3 KUALA LUMPUR Tradewinds (M) Bhd's proposed acquisition of a large tract of plantation land in Sabah will be financed through internal funds and overdraft facilities. In a statement to the Kuala Lumpur Stock Exchange on Saturday, it said the acquisition of 5,190 hectares in Sanda*
        80 words
    • Article
      Mr Lee Ming Tee
      125 3 IN OUR Nov 12 edition, we carried a South China Morning Post report of a speech by Lee Ming Tee to the American Chamber of Commerce on doing business in China. The report attributed to him personally some of the practices he described as being endemic
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    • Article
      Lock icon KLSE working towards greater dynamism
      254 3 Bernama JOHOR BARU The Kuala Lumpur Stock Exchange (KLSE) is constantly looking for ways to propel the exchange towards greater dynamism, its general manager, Mohd Salleh Majid, said on Saturday. This would stem from using sophisticated electronic trading systems as well as increasing the professionalism
      Bernama  -  254 words
    • Article
      Lock icon Cheung Kong to raise stake in Lippo to 12.6pc
      418 4 Group subscribing to HKs2oom convertible note Reuter HONGKONG Cheung Kong (Holdings) will increase its stake in Lippo Ltd to about 12.61 per cent by subscribing to a HK5200 million (5542.2 million) convertible note. Lippo said that under a conditional agreement, Cheung
      Reuter  -  418 words
    • Article
      Lock icon Japanese steel makers post sharp fall in interim profits
      441 4 Reuter TOKYO Hard-hit by a prolonged economic slump. Japan's major steelmakers suffered a severe downturn in business in the first six months of fiscal 1992. The top five steelmakers announced on Friday that their parent current (pre-tax) profit in the six
      Reuter  -  441 words
    • Article
      Lock icon Chinese executives seek business relationships in US
      405 4 Bloomberg NEW YORK Executives from some of China's leading companies are in the US shopping for capital, technology and business relationships with their American counterparts. A total of 56 executives representing about 20 Chinese companies, including real estate developers, airconditioner manufacturers and entertainment
      Bloomberg  -  405 words
    • COMPANY BRIEFS
      • Article
        Profits of S Korean companies improve
        88 4 SEOUL Sales and profits of South Korean companies rose in the first half of 1992 but an economic slowdown and high financing costs affected both growth rates, the central bank said on Saturday. A Bank of Korea survey of the country's 2,443 largest manufacturers
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      • Article
        Johnson to raise HK$616m
        70 4 HONGKONG Johnson Electric Holdings is to raise HKS6I6 million (Ssl3o million) through the placement of 40 million new shares at HK$ 15.40 each, according to. a report in the South China Morning Post. The company, one of the world's largest makers of small electric motors, has
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      • Article
        SHL, Samsung unit in deal
        59 4 OTTAWA SHL Systemhouse Inc and Samsung Group unit Samsung Data Systems Co Ltd said they had signed a strategic technology partnership agreement. The companies also agreed to form a consortium, called the Samsung Systemhouse Consortium, to provide systems integratipn and outsourcing services to international clients.
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      • Article
        Mitsui & Co to pay back taxes
        80 4 Mitsui Co to pay back taxes TOKYO Mitsui Co has been ordered to pay back taxes and penalties totalling approximately 1.8 billion jen (5523.7 million), an official with the Tokyo Regional Taxation Bureau said last Friday. The bureau audited Mitsyi's tax returns for the two fiscal years ending in March
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      • Article
        Benguet closes major mine
        60 4 BAGUIO, Philippines Benguet Corp, the Philippines' oldest gold mining firm, has shut down a major underground mine, citing a decline in world prices and }he appreciating peso, company officials said yesterday. The Itogon mine in the nearby northern province of Benguet was shut down on Thursday,
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    • Article
      Lock icon European steel makers seek EC bailout
      537 5 Industry wants fund set up to finance restructuring Reuter BONN European steel makers, in the throes of a crisis increasingly reminiscent of the industry's painful shake-up in the late 1970s and early 1980s, are again calling on the European Community for help. All major
      Reuter  -  537 words
    • Article
      Lock icon Eurolist to kick off early next year
      379 5 Fifty of Europe's premier firms included in initial lineup Reuter BRUSSELS Eurolist, intended to be for top-rank European firms what Premier Leagues are to national soccer teams, will kick off early next year, the Federation of Stock Exchanges in the European Community said.
      Reuter  -  379 words
    • Article, Illustration
      Lock icon Olivetti expects heavy losses, blames slump in PC prices
      437 5 Reuter MILAN Olivetti chairman Carlo de Benedetti said the troubled computer group faced significant losses this year due to an international slump in personal computer prices. Mr de Benedetti, who recently announced a sweeping reorganisation, did not give figures. But Olivetti
      Reuter  -  437 words
    • COMPANY BRIEFS
      • Article
        Wang Lab to sell its stake in Taiwan unit
        103 5 LOWELL, Massachusetts Wang Laboratories Inc said on Friday that it will sell its 70 per cent interest in its Taiwan manufacturing subsidiary to an investment group as part of the computer maker's bankruptcy reorganisation. Under the deal, Rong Cheng Investment Co,
        103 words
      • Article
        Fujitsu in supercomputer sale
        90 5 SAN FRANCISCO Japan's leading supercomputer maker has arranged its first sale in North America in more than three years, saying on Friday that it had made a deal with a consortium of two corporations and a university in Canada. Fujitsu's VP24OX supercomputer is being purchased by
        90 words
      • Article
        Dalgety sees good prospects
        93 5 LONDON Food and agriculture group Dalgety pic said it is still finding markets tough but that prospects for the current year look good. Dalgety made pre-tax profits of £116.8 million (*****.8 million) in the year to end-March, up 5.3 per cent from £110.9 million in 1990/91.
        93 words
      • Article
        UK pub retailer to sell chain
        74 5 LONDON Food and drink group Allied-Lyons pic said its pub retailer Taylor Walker is to sell its chain of 28 Muswell's cafe bars to Priorywood Holdings pic. The company did not give a price. "The consideration is not material in relation to Allied-Lyons' net
        74 words
      • Article
        Holiday Inn in Vienna venture
        92 5 VIENNA Holiday Inn Worldwide, a unit of Bass pic, and Wienerberger BaustofTindustrie AG have signed a contract to set up a hotel in Wienerberger's 2.4-billion-schilling (***** million) Business Park Vienna project. Wienerberger chief executive Erhard Schasehl told a news conference that the 250-bed. four star
        92 words
      • Article
        C$3b S African smelter project
        79 5 TORONTO SNC Group Inc said a joint venture of its engineering arm SNC-Lavalin and Johannesburg-based Engineering Management Services will sign a contract with Alusaf Ltd for engineering, procurement and construction management of the largest aluminium smelter ever built at one time. The smelter, to be
        79 words
    • Article
      Lock icon Growth in Barlow's earnings unlikely to top 6pc: analysts
      359 5 Reuter JOHANNESBURG South African industrial conglomerate Barlow Rand Ltd, which is. due to report annual results today, would be hard pressed to lift share earnings by more than 6 per cent to 460 cents, analysts said. "The recent results from iis
      Reuter  -  359 words
    • Article
      Lock icon Whitbread expected to post flat interim
      182 5 Reuter LONDON British brewing and retailing group Whitbread pic is expected to see largely flat half-year profits as depressed consumer confidence and poor late summer weather restrict growth, drinks analysts said. But they said this year's comparative figures for Whitbread, which is heavilybiased towards
      Reuter  -  182 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      135 3 The rare perfection of Patek Philippe at The Hour Glass. Choosing a timepiece should quisite features that hallmark be a relaxed and comfortable each Patek Philippe Especially you're considering the rare per- ourselves as connoisseurs.And fection of Patek Philippe. our customers fellow The Hour Class, you're collectors. to the charm
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      118 4 W Prime Space next door is now available at 50% less. m 'ur iu' —Hit lBl 50% off for your travelling companion to Bangkok and Hong Kong. As a privileged Qantas traveller in first or business class, travel for 50% off the full fare. As long as you fly together
      118 words
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      Page 4 Advertisements Column 2
      8 4 European steel makers seek EC bailout, Pg 5
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      63 5 "Gold Medal Dishes" Dine on Tasmanian Trout... Marinated Beef Salad... Passion Fruit Timbale... and other prize-winning creations of the renowned Salon Culinaire competition. Now specially presented at Maxim's de Paris to mark our tenth anniversary in Singapore. Dinner at $98++ per person. J—H (s^ekent J SINGAPORE I Call 733 8888
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      Page 5 Advertisements Column 2
      119 5 MA TRES Ho^ BEYOND PERFECTION '""20 I 4 jt> Singapore Re Ltd, Bout»que and Serv.ce Centre: «01 -01 Mandarin Shopping Arcade The Mandarin Singapore. 333 iV PARTNER IN THE rL\U hi Orchard Road. Smgapore 0923 Tel *****31 Mk m Office* 583 Orch3fd RocXj, #09-03 Forum Gdtenfl, SinQdpor6 0923 6t *****5
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bangkok Bank is 5th most profitable bank
        77 6 BANGKOK Bangkok Bank is the fifth most profitable bank in the world, according to a survey conducted by the British firm IBC, says a report in Bangkok Post. Of the 300 banks studied, the most profitable is Spain's Banco Popular. Mian banks in
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      • Article
        Swedish bank sees heavy losses
        69 6 GOTHENBURG, Sweden The Swedish bank Skandinaviska Enskilda Banken's credit losses for the whole of 1992 are expected to exceed 10 billion kronor (552.68 billion), S-E Banken's CEO Bjoem Svedberg announced. S-E Banken will reduce substantially the size of its workforce next year in an attempt
        69 words
      • Article
        Key Bank acquires assets
        77 6 ALBANY, New York Key Bank of New York, a subsidiary of Keycorp Inc, agreed on Friday to acquire all the deposits and most of the assets of First American Bank of New York, a unit of First American Bankshares, a former subsidiary of Bank of Credit
        77 words
      • Article
        Abu Dhabi's assets up 7pc
        68 6 ABU DHABI An increase in deposits boosted the assets of the United Arab Emirates (UAE) Central Bank by 7 per cent in September, according to its monthly report released on Saturday. It said assets rose to 21.5 billion dirhams (559.36 billion)) from 20.18 billion dirhams
        68 words
      • Article
        Spain studies reserve needs
        74 6 MADRID The Bank of Spain is studying a possible relaxation of reserve requirements on banks in the near fUture, but has taken no decision on when or how this could be implemented, a bank spokesman said. The requirement now stands at 4.5 per cent of total
        74 words
    • Article
      Money brokers worry about staff poaching
      451 6  -  Broking houses fear drop in service standards By Soh Tiang Keng SINGAPORE Money brokers are worried by the growing incidence of poaching in the industry. StafT movements have increased markedly over the past two years and threaten to disrupt business and lower standards, sources
      451 words
    • Article
      Lock icon Lawyer finds no wrongdoing by BNZ
      195 6 AFP WELLINGTON A senior lawyer commissioned by the Bank of New Zealand (BNZ) said that he had found no wrongdoing by the bank over a NZ542.5 million (5536.8 million) loan to shareholder merchant bank Fay Richwhite. Queens Counsel George Barton had been asked to
      AFP  -  195 words
    • Article
      Lock icon South Korea fears hot money influx from abroad
      391 6 AFP SEOUL South Korea is worried that an influx of what it calls "hot money" from abroad, mostly from securities companies in London, could disturb Seoul's capital market. Some US$l.2 billion (S$ 1.92 billion) have entered the country since August, sharply pushing
      AFP  -  391 words
    • Article
      Lock icon Norway bank workers stage landmark strike
      396 6 Reuter OSLO Norway's bank workers staged an unprecedented one-hour strike last Friday against feared new cuts which they say could ruin a banking system already reeling from its worst crisis since World War 11. "Enough is enough. The whole bank industry is under threat,"
      Reuter  -  396 words
    • Article
      Lock icon Tiger Management denies involvement in Salomon scandal
      270 6 Bloomberg NEW YORK Tiger Management Corp, a moneymanagement firm with more than US$3 billion (SS4.B billion) of assets, said it was innocent of wrongdoing in Salomon Brothers' Treasury auction scandal and claims it was a victim of Salomon's actions. Tiger was named in
      Bloomberg  -  270 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      152 6 I' The new German way to fly: more enjoyment to shorten your long journey. Lufthansa. P aj* jg* |L K\xY m-1L ri^ There's good news for all those who fly to Frankfurt on business or holiday. Firstly, Lufthansa now has 9 non-stop weekly flights to Frankfurt. Secondly, our Business Class
      152 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Heavy cost of oil smuggling to Thailand
        88 8 BANGKOK Thailand lost about six billion baht (about Ss3Bs million) last year to the illegal sale of oil smuggled in through the Gulf of Thailand. Navy Chief-of-StafT Admiral Suravuth Maharom said during the weekend that oil smuggling had become widespread since the government
        88 words
      • Article
        Philippine software exports
        95 8 MANILA Philippine computer software exports have been booming in the past decade and are forecast to hit US$43 million (Ss6BB million) this year and US$6O million in 1993. Emma Teodoro, head of the Philippine Software Association, told an economic seminar last week that this was a sharp
        95 words
      • Article
        Kodak unit snaps up contract
        73 8 ROCHESTER, New York Eastman Kodak Co's Edicon Systems Division is bringing the first photo drivers' licences to Indonesia, although perhaps with less inconvenience than US drivers' experience. Edicon said it was selected by the Indonesian government to be the country's supplier of photoidentification drivers' licences.
        73 words
      • Article
        Tropical storm hits Thai coast
        78 8 BANGKOK thousand people were evacuated from Thailand's southern coast yesterdiay Sunday as tropical storm Forrest moved inland shortly after midday, bringing torrential rain and seven-metre waves, news reports said. There were no immediate reports of casualties, but widespread flooding was expected later yesterday as Forrest
        78 words
      • Article
        Newspaper goes Khmer
        84 8 PHNOM PENH A Malaysian publishing group yesterday launched a Khmer-language edition of Cambodia's leading English-language weekly newspaper, The Cambodia Times. The paper, published by Kuala Lumpur-based Asia PR Publishing, began its English-language circulation in Cambodia in July and now prints 40,000 issues a week for the UN
        84 words
      • Article
        Thai prince in Vietnam
        91 8 HANOI Prince Maha Vajiralongkorn of Thailand arrived in Vietnam yesterday for a six-day official visit. "I hope this visit will open a new important era in the relations between the two countries," he told Vietnamese Deputy President Nguyen Thi Binh who greeted him. The crown prince,
        91 words
    • Article, Illustration
      Thailand takes steps to counter decline in foreign investments
      619 8  -  From Steven Vines in BANGKOK THAILAND, once one of Asia's prime destinations for foreign investment, is fighting a rapid decline in overseas interest. There is also a shift of emphasis, with the reliance on investment from fellow Asian countries giving way
      619 words
    • Article
      Bangkok acts to implement policies on income distribution, development
      232 8 BANGKOK The Thai government plans to spend 10 billion baht to implement its policies regarding income distribution and development in regional areas, The Nation reported over the weekend. The policies will be implemented through a new government agency to be called
      232 words
    • Article
      Lock icon Yangon's bid for tourists hit by overpriced currency
      346 8 AFP YANGON Myanmar's ruling generals have decided to throw open the country's tightly sealed borders to tourists but only the seriously rich need apply for visas. For, despite being one of the poorest countries in the world, with a currency that is
      AFP  -  346 words
    • Article
      Sydney to play host to Asian Venture Forum '92
      245 8  -  From Florence Chong in SYDNEY SYDNEY will host the Asian Venture Forum '92 this week the first time the conference has been held outside Singapore or Hongkong. The event will be attended by leading fund managers in the development capital business,
      245 words
    • Article
      Lock icon Proposed HK law on tax dodgers seen as draconian
      406 8 South China Morning Post HONGKONG A new attempt to stop tax dodgers from leaving Hongkong has been labelled "draconian" because it gives the Commissioner for Inland Revenue the right to be judge and jury in every case and bypass the Bill
      South China Morning Post  -  406 words
    • Article
      Lock icon Shenzen to draft new laws to speed up economic development
      200 8 Reuter BEIJING China's southern economic powerhouse Shenzhen has begun drafting special laws to help speed up development in the zone, the Xinhua news agency said on Saturday. The special economic zone in Guangdong province, on the border with the British
      Reuter  -  200 words
  • Page 8 Advertisements
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      210 8 MASTER OF MACQUARIE APPLIED university FINANCE Taught by Macquarie University's qualified faculty from its Centre for Studies in Money, Banking and Finance. Supported in tutorials by industry practitioners in Singapore, it offers a blend of theory and practice. The subjects for the programme include: Core units: Special topics to be
      210 words
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      Page 8 Advertisements Column 2
      92 8 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 Fridays)
      92 words
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  • THE WORLD 1
    • Article
      Lock icon E Asia's success reshaping Western economic views
      611 9 World Bank, IMF make room for state-managed growth AP TOKYO From the jungles of Malaysia to the skyscrapers of Seoul, free-market enterprise operating under authoritarian governments in Fast Asia is posing more than a business challenge to the West. There is also an
      AP  -  611 words
    • Article, Illustration
      Lock icon Yeltsin visiting South Korea to woo investors
      243 9 AFP MOSCOW President Boris Yeltsin goes to South Korea this week anxious not only to convince investors there that their money would be well spent in Russia but hoping to show Japan it can still do business with Moscow. He will also seek,
      AFP  -  243 words
    • WORLD WATCH
      • Article
        Yugoslavia devalues dinar again
        88 9 BELGRADE Yugoslavia devalued its dinar by 73 per cent Horn Saturday, the fourth devaluation this year, in a bid to save its economy ravaged by civil war in former republics and international trade sanctions. The Information Ministry announced that the value of the dinar would fall
        88 words
      • Article
        Major's popularity slumps to two-year low
        83 9 LONDON British Prime Minister John Major's popularity has slumped to the lowest level of his two-year premiership, with more than 70 per cent of people in a new poll saying they had little or no confidence in him. The Harris poll for Sunday's Observer
        83 words
      • Article
        Hungarian PM on Reds threat
        68 9 BUDAPEST Hungary's dominant political party is headed for defeat in 1994 elections unless its squabbling factions can unite around a centrist banner, Prime Minister Jozsef Antall ssid on Saturday. Mr Antall warned his Hungarian Democratic Forum's liberal wing that party disunity could allow reform communists
        68 words
      • Article
        Taiwan joins bank grouping
        57 9 TAIPEI Taiwan has joined the Central American Bank for Economic Integration as a member nation, the Foreign Ministry said on Saturday. Taiwan, seeking to strengthen its politick! and economic ties with Central America, agreed last year to provide US$l5O million (***** million) to an economic development
        57 words
      • Article
        Call to learn from McDonald's
        90 9 BEIJING The People's Daily said on Saturday that the spread of McDonald's fast-food restaurants to all nations, including China, should provide an example for any Chinese wanting to set up in business. In the new market economy, a [jerson would not make money unless they
        90 words
    • Article
      Lock icon Makeshift budget likely for EC next year
      373 11 AFP BRUSSELS The European Community (EC) risks having to operate on a reduced makeshift budget next year because of a row with the European Parliament, officials said yesterday, ahead of a meeting of budget ministers here. The 1993 budget is being held up
      AFP  -  373 words
    • Article, Illustration
      Lock icon World Bank chief presses India to keep up reforms
      209 11 Reuter BOMBAY World Bank president Lewis Preston has warned India not to relax the pace of its bold economic liberalisation programme, offering it up to US$l billion (Ssl.6 billion) in new lending to underpin fresh reforms. "In the next phase, it
      Reuter  -  209 words
    • Article
      Lock icon Iran, Syria, Turkey vow to stop Iraq's disintegration
      282 11 Reuter ANKARA Iran, Syria and Turkey voiced clear disapproval on Saturday of the self-declared Kurdish government in northern Iraq and vowed to prevent Iraq's disintegration. Foreign ministers of Iraq's three neighbours said after a meeting here that they attached the utmost importance
      Reuter  -  282 words
  • Page 9 Advertisements
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      582 9 20 Belmont Rosd 1 1A Dalvey Estate ngOllM'iiTi A a District 1026 District 1025 rrCOIL/CIV f lAL Land Area: 146,627 sf Land Area: 99,900 sf DDnDCDTICTC A double store y bungalow with 2 units of double-storey bungalows m iW» Cftff fCw annex, swimming pool and tennis and a swimming pool.
      582 words
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      288 10 PS/ValuePoint is a registered trademark of IBM Corporation PS/ValuePoint. IBM quality for the price of The new IBM PS/ValuePoint™ range compatible display at an equally compatible delivers the level of performance and reliabi- price. For example, the $1,933 IBM package lity that serious business demands, at a price shown here
      288 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      1115 11 AUCTION Thursday 3rd December, 1992 at 12.00 noon. On Site. Melbourne's retail and entertainment heart. I Stmt* L+rUy. mTWM IT. 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 separate
      1,115 words
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  • ANALYSIS
    • Article, Illustration
      Agricultural benefits
      2066 12 Many of Asia's economies would probably not have reached their present level of development or industrialisation without the subtle, and often unrecognised, contribution of their primary sectors FOR MOST observers of Asia, the region's economic success over the past two to three decades has been exemplified by its
      2,066 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      350 12 Ai/ How do you set up a business in Eastern Europe? What's the best type of investment? How do you check on distributors? Is franchising an option? How do you promote and protect your brand? What packaging works best? What are In the next decade in Eastern Europe fortunes will
      350 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      53 12 DOONESBURY GARRY TRUDEAU FORGETrr, NOUJ B.D. urui urv/H 11, ITOOK CARS OF Al£X 50 THIS HARRIS. NO ISHSL DOON&BUW FORVtWS! v> J IS THE tUAY yOU'RB ID KEEP AN FlGt f I I KNOUT HOW TO COM- 7HANK}\ FOR UTTie ICOKIN6AFWR OPEN MNP MUNICA7B WITH KIDS! j/rn/ WIT UHAT? j
      53 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Simple steps to get the ideas flowing
      1323 13  -  Dreaming of success, plus a little help from Vivaldi, may well be the key to achieving success. Lee Say Keng on the power of creative visualisation, or the art of brainstorming without a group Lee Say Keng The author, a mechanical engineer by
      1,323 words
    • Article, Illustration
      Lock icon Disorganisation as a survival technique
      975 14  -  Christopher Lorenz examines the latest thesis of business guru Tom Peters that all companies must become as fast, flat and flexible as top service organisations' Christopher Lorenz FT IT MAY come as quite a surprise to the employees of several investment banks, a telecommunications utility
      FT  -  975 words
    • Article, Illustration
      EXECUTIVE MOVES
      306 14 MS MATHY has been appointed business development manager of the international exhibition division of the Connex Group of companies. He will be responsible for the company's operations and for handling the Pacific Rim Information Network News Bulletin, which caters to the hotel and supplies industries. Prior to his
      306 words
  • Page 13 Advertisements
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      99 13 rTTTI fr a ill i >ia ■m ABAK The office system that changes when you need to: Because you desire a unified corporate image yet would like the H freedom of worktop designs and finishings to I 4p identify and expression to the space Because the aesth4liea of I A
      99 words
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  • Page 14 Advertisements
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      376 14 English classic British design Tower of London UflSl^HL^L British classic collection -o* 11 john langfond of London Available at all leading department stores. B U St N E S S T I M E~S Toll free Tel No 737 0043 Fax No; 734 3608 [p 3 f To support our
      376 words
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      Page 14 Advertisements Column 2
      18 14 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments or Notices, call toll-free 737-0043 The Straits Times 1
      18 words
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      Page 14 Advertisements Column 3
      39 14 The Durffee personality is fully aware of the g multifarious dimensions of life, and appreciate /A j that it is exactly these experiences of laughter and fears that bring meaning to life. ***** DURFFEE UNDERSTANDS THE MEANING OF TIME.
      39 words
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  • SPORTS
    • Article, Illustration
      Lock icon Woodforde, Krajicek in final
      466 15 European Community Championship AP, Reuter •ANTWERP On a day of >upsets, Australian Mark and Dutchman Krajicek on Saturday reached the final of the ;."US$l.ll million (551.77 mil- lion) European Community Championship, beating favoured Americans Jim Coujier and Michael Chang. Krajicek was playing his -iecond three-set match
      AP,; Reuter  -  466 words
    • Article
      Lock icon Steeb, Rosset advance to Kremlin Cup final
      269 15 AP MOSCOW Germany's tarl-Uwe Steeb and Switzer- land's Marc Rosset each won straight-set semi-final matches on Saturday to set up an all-European final in the U*****,000 (*****,000) Kremlin Cup tennis tournament at Olympic Stadium. Steeb had to use his entire arsenal to beat
      AP  -  269 words
    • Article
      Lock icon Sanchez Vicario sets up date with Graf
      296 15 Reuter PHILADELPHIA With Spanish fans urging her on, Arantxa Sanchez Vicario earned a date with Steffi Graf in the final of the U*****,000 (*****,000) Virginia Slims of Philadelphia with a 4-6 6-3 6-2 comeback victory on Saturday over Gabriela Sabatini. "It's Very nice
      Reuter  -  296 words
    • SIDE LINES
      • Article
        Sukova clinches Indianapolis Classic
        83 15 INDIANAPOLIS Fourth-seeded Helena Sukova of Czechoslovakia used strong serves and solid volleying in beating Linda Harvey-Wild 6-4, 6-3 for the championship of the Indianapolis Tennis Classic on Saturday. Sukova, who had won only one tournament on this year's tour, received U5527,000. Seventh-seeded American Harvey-Wild got US$
        83 words
      • Article
        Injured Lendl pulls out
        54 15 ANTWERP Veteran Ivan Lendl on Saturday withdrew from this week's ATP Tour World Championship in Frankfurt after suffering a groin injury during a second-round loss in the European Community Championship. Lendl, ranked eighth in the world, will be replaced by South African Wayne Ferreira, ranked two
        54 words
      • Article, Illustration
        Wedding bells for Indurain
        46 15 PAMPLONA, Spain Miguel Indurain, double Tour de France champion and winner of this year's Giro d'ltalia, married his long-time sweetheart Marisa on Saturday. The Spanish couple, both 28, will fly to the US on honeymoon before Indurain begins training for next season.
        46 words
      • Article
        China takes five titles
        122 15 NEW DELHI China won five of the seven titles in the 11th Asian Table Tennis Championship, clinching the men's and women's singles and the mixed doubles events, on the final day of the contest on Saturday. Xie Chaojie, China's fourth seed, stopped the giant killing streak
        122 words
      • Article
        Austrian coach dies
        57 15 INNSBRUCK, Austria Ernst Happel, the coach of Austria's national soccer team, died on Saturday at a hospital in this Alpine town. He was 66 years old and had been suffering from cancer. Happel won 17 national and European titles in more than 20 years as a coach
        57 words
    • Article, Illustration
      Lock icon Bowe's just a baby in the eyes of coach
      600 15 AP LAS VEGAS Riddick Bowe is a baby. A big baby, true, but still "just a baby" to his venerable trainer 81-year-old Eddie who sparred with Joe '•Louis and taught the art of boxing to 18 world champions. "He's at least
      AP  -  600 words
    • Article
      Lock icon Hulbert leads after three rounds in Kapalua
      328 15 AP KAPALUA, Hawaii Mike Hulbert birdied four of the final five holes on Saturday to take a one-shot lead after three rounds of the US$BOO,OOO (Ssl.3 million) Kapalua International. His 5-under-par 68 at the Kapalua Resort's Plantation Course left him at 13-under 204,
      AP  -  328 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      406 15 50...Y0u Want An Yes, we are talking about the Our people know irons. irons (1 to 10) you need in golf. 1 AT QAk I VA/CCT At least the driver is but one club, VY LO I but with the irons, there are in fact We represent many, many brands
      406 words
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  • Page 16 Advertisements
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      221 16 to on the official opening of the DHL Singapore Regional HUB Facility Multitra Services Pte Ltd Digiphonic Systems Pte Ltd 4 Defu Lane 5 Singapore 1953 70 Bendemeer Road #06-01 Hiap Huat House Singapore 1233 Tel: 288 6623 Fax: 288 3789 Tel: 297 1511 Fax: 297 1880 IS WORLD CARGO
      221 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      266 17 Q Q t° on the official opening of the DHL Singapore Regional HUB Facility A Bridges SATS WORLDWIDE I Service on a higher plane (Singapore) Pu L<£ I Singapore Airport Terminal Services Pte Ltd Bridges Worldwide (S) Pte Ltd 55 Airport Boulevard Singapore Changi Airport Singapore 1781 SATS Airfreight Terminal
      266 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      815 18 EteasS Nothing Beats AButOlfflnfll where to wine, dine or ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to's pm. After your Penang Buffet Lunch, the Ist round of drinks during
      815 words
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      Page 18 Advertisements Column 2
      308 18 gzwf THt Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Happy Hour Early Dinner Special Menu from 6.30pm to B.oopm on no-function day. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.15pm
      308 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      649 18 TELEVISION AND RADIO HnrCirlO OfWIITI/'l ***** SM SSLitl.Canoon). BUSINESS ON RADIO nui Mlig dIUUHU 7M x ,hl SSSSKSo. 1 %B|| 8.00 Singapore Short Films —I) I (Game^ K>w RevtAil&w el the Quran (M). WwW*BwSs^l^orr^ (Burmese with English subti- Eveatag Shaho Where sMy 7.00 CNN. Radio 1 90.5 mHz in VRF
      649 words
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  • THE ARTS
    • Article, Illustration
      Guide to good music
      919 19 Gramophone's 1993 CD guide is a wealth of information for both initiates and connoisseurs alike The Good CD Guide 1993 Published by Gramophone 927 pages, $49.90 Reviewed by Andrew Lim Much has been written of late about rival digital audio technologies such as the DCC and
      919 words
    • Article, Illustration
      Keeping Mozart at arm's length
      491 19  -  Benjamin Loh reviews last Friday's SSO concert with Seow Yit Kin Benjamin Loh Mozart is often said to be too easy for amateurs and too difficult for professionals to play. On the one hand, his keyboard works contain the most basic technical patterns and there
      491 words
    • Article, Illustration
      Lock icon Lawful publication
      652 19  -  Lawyer-novelist Scott Turow talks to Esther B Fein about the popularity of the legal novel written by lawyers Esther B Fein NYT SHELVES at bookstores are stocked these days with courtroom thrillers by authors who are being promoted as "the next Scott Turow". While working first at the
      NYT  -  652 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      236 19 AND ENTERTAIN Best From The West Lunch or Dine on a selection of Western favourites featuring soups, salads, J a carvery, cold appetisers and hot entrees. Every Monday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ ANA HOTEL SINGAPORE 732-1222 cxtcnsioa 1700 ■J I'VE
      236 words
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      Page 19 Advertisements Column 2
      114 19 Dynasty Garden Special Set $88 only (4 persons) \J •Barbequed Peking Duck Vj I" Double Boiled Soup of The Day •Steamed Talapia Pish in Superior Broth Dynasty Special Beanctatl in Mot Place f Sauteed Duckling Meat with Biack >••••*. Pepper 4f Spring Onions •Dynasty Special Minced POrk/Muahroom Bee Hoon Soup
      114 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors chase blue chips ahead of economic data
      4601 20  -  By Paul Leo INVESTORS expecting news of good third quarter economic numbers bought Singapore blue chips all of last week ahead of the government's release of the economic data on Friday morning. The anticipation pushed the benchmark Straits Times Industrials Index over
      4,601 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      57 20 Why Wait for Loan Approval? If you have recurring credit CREDIT PUIS With Credit Plus credit you needs, and find loan applica- have access to a read y line of tions and waiting for approval credit anytime you need it. frustrating, ask for Credit Plus. It's so easy and convenient
      57 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3428 21 SPH Foreign 1530 1120 *8.5% F&N 1070 70 7.0% SPH 915 +45 +5.2% Jurong Eng 50* 380 +40 +11.8% OIJB Foreign 488 +36 8.0% MB Asia 535 +35 7.0% Asia Pacific 1060 +30 2.9% OIJK 705 30 4.4% SI A 200 1360 30 2.3% NatSleel
    3,428 words
  • Page 21 Advertisements
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      167 21 YOUR VERY OWN HASSLE-FREE BfCTROMC N^S-a'PPjN^avl^ If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of onlg $250 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised
      167 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3712 22 RISES (S) Leader U 900 100 H Lcong Credit 394 58 17.3% llniphone Tel 398 36 9.9% Multi-Purpose 177 22 +14.2% Kamunting 50* 106 2'/i 24.0% Berjaya Ciroup 112 18'/i 19.8% C ieorge Kent 50* 291 17 6.2% Oriental Hldgs 640 15 2.4% llniphoeni* 208
    3,712 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      361 22 rus^^sin^s Toll free Tel No 737 0043 Fax No: 734 3688 In the matter of THE COMPANIES ACT, CAP. SO md la the matter of DINOL CHEMICAL (SX.A.) PTE LTD (Member*' Voluntary Winding Up) At an Extraordinary General Meeting of the Member* of the abovenamed Company duly convened and held
      361 words
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      Page 22 Advertisements Column 2
      348 22 YOSEMTE INVESTMENTS PTE LTD (In Members' Voluntary liquidation) (Incorporated in the Republic of Singapore) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Compares Act, Cap. 50. that the Final Meeting of members of the abovenamed Company will be held at 4 Gul Street 1
      348 words
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      Page 22 Advertisements Column 3
      190 22 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JEWEL (S) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN in pursuance of Section 308(1) of the Companies Act, Cap. 50 that a final general meeting of the abovementioned company will be held at
      190 words
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      Page 22 Advertisements Column 4
      409 22 IN THE MATTER OF THE COMPAMES ACT, CAP SO MAX EXPRESSO COFFEE HOUSE PTE LTD |M VOLUNTARY UOUKMIION) Al an Eitacrdinary Gtnnl Mating of tw mantes oI MAX EXPRESSO COFFEE HOUSE PTE LTD duly -J ..Bit 11 Mil, —,i n convtjnec no n#c n ml ja, wnwpoi West, #01-83, Singapore
      409 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Sentiment still bullish despite profit-taking
      5729 23 Bernama PROFIT-taking activities after a feverish rise in stock prices which occurred a week before Budget Day on Oct 30 led the KLSE to a mixed close last week. The KLSE Composite Index fell 3.98 points over the week to 650.62 on Friday and the
      Bernama  -  5,729 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      286 24 Company Date Year Group Nat Nat earnings Gross ann to profit/loss par share dividend (*000) (cants) Rente* Nov 11 Jun 92 $641($1.261) 15(2.9) 5TE(6TE) Choc Prod Nov 9 Jun 92 M$4.439e($4.447e) 5(5) 10(10) PJ Dev Hldgs Nov 9 Jun 92 M$2.764($2.245l) 18(2 2) 3(3) SPH Nov 6 Aug
      286 words
    • Article
      PRELIMINARY RESULTS
      97 24 Company Oat* Year Group Nat Nat earnings Gross ann to profit/loss par share dhridenc (000) (cants) Faber Nov 2 Jun 92 M$33,305(M$32.435) 3.9(8.6) H leong Credit No* 2 Jun 92 MJ52.725(MJ38.978) 24.1(21.5) 9(9) Renong No* 2 Jun 92 M$111.549(M$80.650) 7.7(5.6) Umphoenii No* 2 Jul 92 M$3,717(MJ8.609) 2.3(54) -(3)
      97 words
    • Article
      DIVIDENDS ANNOUNCED
      826 24 Currant Ex Books Oat* Totaltor Total lor payment date dose payaWo the year last year Ami Sted 50c 12%(b) Nov 19 Dec 3 Jan 2 12% 12* Antah rtdgs 50c 6%(b) Dec 1 Dec 15 Dec 24 6% 6%N Bedford 50c 1% Nov 2 Nov 16 Dec 7
      826 words
    • Article
      INTERIM RESULTS
      165 24 Company Date Half-year Croup Not Interim ann to profit/loss dividend (000) Chem ind Nov 10 Sep 92 WS3.315(13.549) J Cement Nov 9 Sep 92 $5,875(55.740) Malayawata Nov 7 Sep 92 M$25,552($25,800) 5(2.5) Rothmans M Nov 2 Sep 92 M$102,434(M$106.559) 60(50) Asia Pac Land Oct 29 iul 92 M$8,321(M$5.367)
      165 words
    • Article
      RESULTS FORECAST
      161 24 Man Bovd last Frf Year Forecast tett Net IMPraK EPS awtf Tear EPS Cms pelt tag* N« tmm PtrM last jr ai« (ets) i* («ts) Hsu Me F Nov 18 Dec 92 1.8 1.5 4.925 5—7.5 1-2—2.0 Ttaws M F Nov 22 Aug 92 29.5 10.0 35,900 25.1—39.0
      161 words
    • Article
      OTHER RESULTS DUE
      580 24 Mm Board List hi Ye* Cmw PcrM tot 1m EH Cress Mrt imiiiiirri Ming (cts) pnrfH last fear (SS'MO) EMS Final Nov 6 Jul 91 3.0TE 17,87a Kings Interim Sep 10 Dec 92 5.3 5.0 4,436 CP Batteries Interim Nov 11 Mar 93 41.3 118TE 13.952 Sana
      580 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      710 24 Trans Registered Substantial Buy/ No. of Amount SharefcoMinf Stock Date Holder Shareholder/Director Sell shares Before S Alter A n~ in/11/a? wih.. Temasek Hokhrigs B 13.000 163.054 109.071.089 20 89 109.084,089 2089 TtaZ StiZL B 23.000 19.040 315.000 0 00 338.000 0 00 FPK 1B/11/W Stri*t Names Temasek
      710 words
    • Article
      CORPORATE DEVELOPMENTS
      670 24 Nov U ASance Tech will make a cash call of $17.8 million to finance the expansion of its vision-care business and a hotel project in Penang. The Singapore High Court has ordered Apolo Enterprises to transfer 10m Hong Leong Hotel Development share to the Hong Leong Group. Amcol
      670 words
    • Article
      APPROVED ISSUES
      427 24 Company Rights Issue Guthrie GTS One-tor one <a $0 23 per share Ei-date Nov 26 Books dose: Dec 8 Acceptance Payment: NYA 0C8C Or*for five fe $3 00 per local share One-tor five fe 1419 per foreign share Ex-date: Oct 8 Books dose: Oct 20 Acceptance i Payment:
      427 words
    • Article
      PROPOSED ISSUES
      397 24 Company Rights ham Ofcnct Tec* Ore tor-one fe. >100 per shaft Ami Steel Ontfor three <& MJ2.20 per share Issue of 211.62m 50% Cumulative Redeemable Preference shares ol 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subsc option R*hts (TSR) lor an aggregate pnce ot MSI
      397 words
    • Article
      COMPANY MEETINGS
      196 24 GB Hohfap Ltd: EGM at 26 Jalan Terusan, Singapore 2261, on Wednesday, November 18, at 9.00 am krone Emmwnt Ltd: EGM at 25 Tanjung Khng Road, Singapore 2262, on Thursday, November 19, at 10.00 am Stm Corporation Ltd: EGM at 252 Tembehng Road. #02-07. Tembeling Centre. Singapore 1542,
      196 words
    • Article
      SCRIPLESS CONVERSIONS
      144 24 Conversion Special Trig Scripiess Conversion deadline Period Trading :ompan> starts (IDP) (ST) starts Bon vests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Chemical lad Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Guthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan
      144 words
    • Article
      RECORD HIGHS & LOWS
      148 24 RECORD HIGHS LOWS BT Composite Index 1992 N(h; 1316.68 (21/2/92) 1992 tar. 1122.50 (18/8/92) 1991 l*t 1333.08 (3/6/91) 1991 Inr 1022.52 (16/1/91) 1990 l*c 1435.43 (16/7/90) 1990 far 981.07 (09/11/90) M-tim N* 1435.43 (16/7/90) M-ttm Imt 64.83 (29/6/65) BT-MGA Index 1992 N* 746.26 (22/1/92) 1992 far 631.76 (21/10/92) 1991 l*t
      148 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 24 In local cwt In S$ In US$ d> yr N d> >t dy S yr Nqt 12 Index chge chge chgc chge chge chge Worid 381.8 0.4 -6.5 0.4 -8.5 0.3 -9.6 1EAFE 444.8 0.5 -11.4 0.6 -15.0 0.5 -15.9 Europe 419 4 2.0 1.3
      364 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Wall Street awaits details of Clinton's economic policies
      722 25 Financial Times THE DRAMA running on Wall Street last week could be entitled waiting for Clinton. And, like Samuel Becket's play Waiting for Godot, it has been a case of many words and little stock market action. The Dow Jones Industrial Average
      Financial Times  -  722 words
    • Article
      Lock icon Political confusion sends share prices sharply lower
      407 25 AFP SHARE PRICES tumbled on the Tokyo Stock Exchange last week amid political confusion and unclear prospects for economic recovery in Japan. The Nikkei Stock Aver,age of 225 selected issues in tHe major first section closed iX 16,330.79 yen on Friday, down 539.02
      AFP  -  407 words
    • Article
      Lock icon Investors shrug off political row
      213 25 AFP SHARE prices were higher during the week despite the Sino-British row over the democratisation of Hongkong ahead of China's takeover in 1997, with the Hang Seng Index hitting a record high mid-week. The key Hang Seng Index gained 51.55 points, or 0.82 per cent,
      AFP  -  213 words
    • Article
      Strong waves crashing in on British economy
      916 25  -  By Ray Heath LONDON is a long way from the ocean, but in some ways it now resembles a crowded Surf City. Sweeping in, if still a long way ofT, is a huge wave. Waiting to ride it are hundreds of companies and
      916 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        183 25 SHARES plummeted during the week as confidence in the economy deteriorated on lower commodity prices, record unemployment and pessimistic corporate statements, brokers said on Friday. The main market indicator, the All Ordinaries Index, hit a 21-month low of 1,371.7, a fall of 51.7 points on the previous Friday's finish.
        183 words
      • Article
        BANGKOK
        188 25 THE Stock Exchange of Thailand (SET) Index dropped 5.64 points in thin trading on Friday, its second straight off day and fourth losing session in a week that saw it shed 49.84 points, or 5.2 per cent. The average daily volume of shares traded during the week was 265.5
        188 words
      • Article
        SEOUL
        179 25 SHARE prices gyrated madly during the week in overheated trading, with the index making the biggest single-day rise on Monday and then making the biggest single-day drop on Thursday. The Composite Price Index rose by a record 22.46 points to 686.81 points on Monday, with a record turnover surpassing
        179 words
      • Article
        MANILA
        134 25 SHARES slid further last week as a correction on Thursday and Friday took the steam out of a small rally in the first half of the week, bourse analysts said on Saturday. The Composite Index at the Manila Stock Exchange fell by 0.28 per cent to 1,346.92 points on
        134 words
      • Article
        TAIPEI
        250 25 SHARE prices staged a weak comeback during the holidayshortened week after the Security and Exchange Commission (SEC) unveiled a comprehensive package to animate the listless market. In contrast to a 2.7 per cent setback the preceding week, the 309-issue Weighted Price Index edged up 22.9 points, or 0.6 per
        250 words
      • Article
        BOMBAY
        128 25 STOCK prices slipped further last week in a mini-crash sparked by heavy selling amid conflicting economic indicators. The Bombay Stock Exchange's sensitive index of 30 blue chip shares tumbled by 169.5 points and finished on Friday at 2,586.68 as the bears tightened their relentless hold over the market. Its
        128 words
      • Article
        JAKARTA
        112 25 TRADING warmed up at the Jakarta Stock Exchange which saw a record transaction of almost 45 million shares on Friday but falling prices pushed the index down below the 300 level mark again. The week's daily trading average soared to 17.39 million shares worth 116.89 billion rupiah compared to
        112 words
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  • US investors take profit on positive data
    • Article, Illustration
      NEW YORK
      1247 26 STOCKS closed narrowly mixed for the second straight day on Friday as investors once again took profits amid encouraging economic news. Stocks were in negative territory most of the session but a late round of computer-guided buy programs helped the market climb off the day's lows. The Dow
      1,247 words
    • Article, Illustration
      LONDON
      839 26 SHARE prices fell on Friday following the dull opening on Wall Street and on profit-taking following a rise on Thursday after the presentation of government spending plans for next year. The market had given a generally favourable response to the plans by Chancellor of the Exchequer Norman Lamont to
      839 words
    • Article
      FRANKFURT
      419 26 SHARES ended a bullish week with a further 0.9 per cent rise on Friday, as sharp rises in the automotives sector whipped up demand throughout the market. Dealers attributed the gains in the car sector to rumours a major research group was about to issue a buy recommendation for
      419 words
    • Article
      PARIS
      200 26 PROFIT-takers and arbitrageurs teamed up to whittle away all of the bourse's sizeable gains of Thursday, and the bourse ended lower on Friday. Traders said that now the Bank of France has trimmed official interest rates twice, and in the absence of a parallel move by the Bundesbank, the
      200 words
    • Article
      ZURICH
      167 26 SHARES ended a moderately active session on Friday about one per cent lower as the market consolidated after recent rises. Dealers said some investors had moved to markets elsewhere in Europe where greater potential gains were seen than on the Swiss market. "Recently Swiss shares have performed better than
      167 words
    • Article
      STOCKHOLM
      108 26 SHARES closed higher on Friday after volatile trading triggered by Central Bank initiatives in the domestic money market. The All-share Index rose 0.95 per cent to 717.59, while the Top-16 Index was up 1.03 per cent in high turnover of 527 million kronor. "I'm not sure whether the (rate)
      108 words
    • Article
      BRUSSELS
      206 26 SHARES closed lower in fairly quiet trading on Friday, with oil major Petrofina the main casualty of the day. The Bel-20 Index of leading shares closed down 4.30 points, or 0.38 per cent, at 1,138.53, with a moderate volume of 600 million francs worth of shares traded. Petrofina, which
      206 words
    • Article
      JOHANNESBURG
      513 26 EQUITY prices ended mixed on Friday after drifting sideways for most of the day in pre-weekend trading, dealers said. Mainly pulled down by the weakness in De Beers, the Overall Index eased four points to close at 3,041. But continued underlying demand for selected blue chip industrials lifted the
      513 words
    • Article
      TORONTO
      327 26 STOCKS finished lower on Friday after an active trading day, with the management and real estate and construction sectors taking sharp knocks, traders said. Canadian Pacific and Brascan both tumbled to new 52-week lows in afternoon dealings. The Management Index dropped 101.84, or 2.98 per cent, to 3,312.66. Brascan
      327 words
    • Article
      Untitled
      325 26 Nov 13 Close Pruiow NEW YORK Dow Jones 3.233.03 3.239.79 -6.76 S&P500 422.43 422.87 -0.44 Turnover (million) 192.95 226.01 -33.06 LONDON FTSE 100 2,697.5 2.726.4 -28.9 Turnover (million) 616.8 unav FRANKFURT DAX Index 1.548.52 1.535.37 +13.15 AMSTERDAM EOE Index unav 281.18 PARIS CAC-40 1.796.80 1.821.51 -24.71 ZURICH SPI All-Share 1.155.6
      325 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback edges higher but analysts expect correction
      529 27 NEW YORK Reuter THE US DOLLAR edged higher in the US on Friday afternoon to close firmer, but dealers said they expect the correction to continue. The dollar firmed early after supportive US retail sales and consumer price data and a sharp rise
      Reuter  -  529 words
    • Article
      Lock icon Dollar remains strong against Asian units
      634 27 ASIAN CURRENCIES AFP CONFIDENCE in the US dollar continued to be high last week with Asian currencies losing ground across the board against the greenback. Dealers attributed the dollar's strength to favourable US economic figures, Bill Clinton's victory in the American presidential election and
      AFP  -  634 words
    • Article
      INTERBANK FOREX RATES
      397 27 Cross rates Nov 13 IISS SS MS Dm Yen SFr AS NZS USS 1.6360 2.5240 1.5770 123.80 0.6549 1.4270 1.4409 1.9048 SS 0.6112 1.5428 0.9639 75.6724 0.4003 0.8722 0.8808 1.1643 MS 0.3962 0.65 0.6248 49.0491 0.2595 0.5654 0.5709 0.7547 Dm 0.6341 1.0374 1.6005 78.50 0.4153 0.9049 0.9137
      397 words
    • Article
      Lock icon Japanese investors eyeing long-term domestic bonds
      512 27 Life insurers feel urgency to buy bonds: traders Reuter TOKYO Fears of a further easing of overnight money rates are likely to invite a rush of Japanese institutional funds into domestic long-term bonds in the near future, dealers and bond analysts said. "Investors, such
      Reuter  -  512 words
    • Article
      Lock icon Rising demand for Ukrainian coupons
      375 27 Reuter KIEV Ukrainians rushed to dump the rouble last Friday after the government said it would stop using the battered currency for banking transactions, making its own coupon the only legal tender in the former Soviet state. Some traders at Kiev's unofficial black market currency
      Reuter  -  375 words
    • Article
      Lock icon Top businessman urges peso devaluation
      424 27 Reuter BUENOS AIRES Argentina's only way out from a rigid exchange policy linking its currency to the US dollar would be to devalue the peso and put it on a crawling peg, leading local businessman Agostino Rocca said. Mr Rocca, vice-president of the Techint group,
      Reuter  -  424 words
    • Article
      PRIME LENDING RATES
      481 27 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6 Allied Irish Bank PLC 6'/j American Express Bank 6'/i Arab Banking Corp 6% Arab Bank PLC 6 Asahi Bank Ltd 6V« BFCE 6% Ban Hin Lee Berhad 6'/« Banca Commerciale 6'/i Banco do Brasil 6'/i Bangkok Bank
      481 words
    • Article
      FINANCIAL FUTURES
      153 27 mj»i Nov 13 COU) FUTURES (100 oz) USS/oz Open High Low Settle Change Nov 92 Dec Jan 93 Feb Apr Jun Aug Oct Dcc Feb 94 Apr Jun Aug 334.00 335.30 336.80 338.00 339.80 344.00 337.50 338.60 339.60 341.00 339.80 345.00 333.80 335.00 336.30 337.70 339.80 343.50 335.30
      153 words
    • Article
      MONEY MARKET
      598 27 Interbank rates g| Bid Offer Overnight 1 3/4 1-month 1 5/8 2-month 1 7/8 3-month 2 Overnight mode: 1-3/4 1 7/8 1 3/4 2 2 1/8 US$ High Low 7 days 3 1/4 3 1/8 1 month 2 months 3 months 6 months 9 months 12 months 3
      598 words
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  • COMMODITIES
    • Article
      Lock icon Gem cartel will survive, newcomers not a threat
      363 28 Reuter LONDON Ashton Mining Ltd, joint owner of Argyle, the world's largest diamond mine, said fears that the world's gems cartel would collapse were utterly unfounded and the system would instead go from strength to strength. Chief executive John Robinson said the
      Reuter  -  363 words
    • Article
      Lock icon Iran, Saudi Arabia working against Iraq, says Baghdad
      271 28 Reuter BAGHDAD Iraq has accused Iran and Saudi Arabia of increasing their crude output with the aim of preventing Iraq resuming its role as a key world oil producer once a United Nations embargo on its exports was lifted. "Delaying and hindering
      Reuter  -  271 words
    • Article
      Lock icon Gatt negotiations bring relief to markets
      836 28 REPORTS AFP HOPES that a trade war might be averted between the United States and Europe, allowing a successful negotiation at the General Agreement on Tariffs and Trade (Gatt), brought partial relief to the commodity markets. But the gloomy state of the economic climate
      AFP  -  836 words
  • Article
    PRICES
    1410 28 Rubber RAS ComiTKM Nty Exchange (hit* res dosing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dcc 92 146.25 145.75 146.00 425 2,275 Jan 93 145.75 145.75 146.25 250 4,275 Feb 146.00 145.50 146.50 200 4,650 Mar 146.25 145.75 146.75
    1,410 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      333 28 BUSINESS TIME S Toll free Tel No 737 0043 -Fax No: 734 3698 eTTH Don't miss AFTER 51 Your day may I be over But fiy your night is I just beginning! fl I Get a drink, go H dancing, hear fl the latest hit, pj see the hottest 9
      333 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1251 29 City Flight ETA Flight ETD AdeU Hk SQ228 2050 SQ227 2230 Amman RJ182 1440 RJ183 2340 Amsterdam SQ23 0645 KL838 2240 KL831 0940 Auckland N225 1655 NZ28 1810 SQ288 2030 BA12 2200 Bandar Seri BI421 1105 SQ182 0915 Begawaa SQ181 1410 B1422 1205 B1429 2030 B1430
    1,251 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Lock icon A happy mix of faiths and cultures
      739 29  -  LETTER FROM KOTA BELUD jmttr jar jmm jar JS&BSF jbBSP Mgr Jar JSf JSy .itffffflr By Karim Raslan THE East Malaysian state of Sabah is one of the few places in South-cast Asia where you will find local characters like "BufTalo Dundii", "cowboys"
      Photo by courtesy of Tommy Chang/STPC  -  739 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 29 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1293 1.1455 Canadian dollar 1.2833 1.3095 NZ dollar 0.8488 0.8660 Sterling pound 2.4850 2.5210 US dollar 1.6300 1.6380 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      74 29 Duration Title Venue Organiser Tel Duration Title Venue Orga.nser Tel Dec 26Valencia Valencia. Fena Muestrano *****6.11.00 Jan 7-10 London Earls Court. National Boat 0784-*****8 Jan 3. International Spain Internacional International London Show. Mcadlake 1993 Trade Fair De Valencia Boat Show Place. Thorpe Lea Road Jan 7-10 Autos
      74 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      45 29 It's amazing the lengths Finnair goes to tor 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. We Know Europe from Mart to Finnish.
      45 words
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      Page 29 Advertisements Column 2
      9 29 C s Innovation Technology in Business Times every Tuesday
      9 words
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      Page 29 Advertisements Column 3
      39 29 Slam-dancers are upset that slam-dancing has been banned in concerts here after press reports raised concern over its dangers. We talk to some slammers, former-slammers and sympathisers for their side of the story. NEW < fiTZWA NEWS, M NEWSY ILLUEfl
      39 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      332 29 7 Post needed for a king's armour (5,4) r i 8 Even it reversible (5) HI 10 Facial feature emphasised lH___^-P®® by a higher cheek (5,3) ho I I I I I I I 'jj' 11 Bury Pole in a concentracamp H| HH H M 12 From Spain came his
      332 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      146 29 Singapore Outlook: Fair. Report: Maximum temperature 31.7 Assoc humidity 66% Minimum temperature 24.3 Assoc humidity. 99% Hours of sunshine 10.05 Rainfall in mm nil Rainfall this month 373.7 Rainy days this month 10 World report Asia-Pacific Hi/Lo* Cond. Bangkok 28/20 Clear Beij ing 07/01 Cloudy Hongkong ***** Rain Jakarta 31/23
      146 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      18 29 L-Ob SMOC-S GOCCt this f\*r\ \s gsttwig CNTfeWCC... 000*... too CLhSS conscious... LOOK RT TVUS SlGfJ 6607 ASSOCUTEO
      18 words
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  • Article
    Further selling expected on Thai stock market
    455 30  -  Govt steps up pressure on brokers with excessive margin lending From Loh Hui Yin in BANGKOK THE Thai stock market, which had until last week enjoyed a strong rally fuelled mainly by speculators, faces further selling pressure this week following a government crackdown
    455 words
  • Article
    Lock icon Club of Rome seeks to revamp way aid is channelled
    202 30 AFP KUALA LUMPUR The influential Club of Rome plans to recommend to the World Bank and other aid agencies a new blueprint to revolutionise traditional means of channelling money for economic development. The blueprint by the exclusive Paris-based club of
    AFP  -  202 words
  • Article
    Lock icon Clinton leaving foreign policy to Bush until inauguration
    357 30 Few meetings with world leaders before Jan 20 Reuter LITTLE ROCK, Arkansas US President-elect Bill Clinton and his transition team made clear on Saturday he would leave foreign policy up to President George Bush until Jan 20, and added that Mr Clinton
    Reuter  -  357 words
  • Article
    Lock icon US, EC officials begin meeting to avert trade war
    265 30 Reuter WASHINGTON US and European officials will meet with Gatl representatives this week to try to prevent a looming trade war and the collapse of efforts to reform world trade. Officials in Washington hope a US-European Community dispute over farm subsidies
    Reuter  -  265 words
  • Article
    Lock icon China says Patten intensifying HK row
    326 30 Unapproved changes will be junked after 1997, Beijing warns Reuter BEIJING China accused Hongkong Governor Chris Patten of intensifying a row over proposed democratic reforms in the colony, saying any unapproved political changes will have "no future" after Beijing takes control in 1997. A
    Reuter  -  326 words
  • Article
    Lock icon China's party paper warns of economic problems ahead
    294 30 Reuter BEIJING China's headlong rush to develop a market economy is sowing the seeds of future problems as a surge in credit fuels overspending on inefficient capital investment, the People's Daily said yesterday. "The call for faster economic development does not mean
    Reuter  -  294 words
  • Article, Illustration
    Clinton faces pressure to rethink Indochina policy
    705 30  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent THE Vietnamese government does not need to hire lobbyists in Washington in order to curry favour with president-elect Bill Clinton and his backroom boys. It knows that its best lobbyists
    705 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      134 30 t t^«j?l? "¥'"jr^'' »*J§& Ik t rfttl blil n L I W|lpSM Ijlllll TOP YIELD NOW PLUS FUTURE POTENTIAL! I I fui I rlw* I DOMINION BREWERIES TOWER 80 GREYS AVENUE, I AUCKLAND CBD, NEW ZEALAND I This quality 10-level office tower overlooks historic inner city oasis, Myers Park, enjoying
      134 words
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      Page 30 Advertisements Column 2
      329 30 •J frttO MA U MANCHURIA MAMPrACTPBEBS' PARADISE Only eight hours away from your Singapore headquarters lies Shenyang, the industrial hub of what used to be known as Manchuria. Since 1988, the Shenyang Development Zone has been systematically groomed as a modern export-oriented industrial centre for Northeastern China. Reinforced by the
      329 words
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  • Shipping Times
    • Article
      Bunker surcharges to remain at current levels
      396 31  -  Rates will hold for the first quarter of next year By Juliette Walker SINGAPORE Members of the Transpacific Westbound Rate Agreement (TWRA), which includes national carrier Neptune Orient Lines, have decided to keep bunker surcharges at current levels for the first quarter of
      396 words
    • Article
      Lock icon Germany to boost aid for shipbuilders
      292 31 NYT BRUSSELS GermaNy's governing coalition parties on Wednesday agreed on sharply increased subsidies for the country's shipbuilders, in spite of drastic efforts to curb next year's spending and reduce state aids to industry. The move, which would virtually double the amount spent on directly
      NYT  -  292 words
    • Article
      Lock icon Downhill for German marine yards
      308 31 Seatrade Week BONN The position of the German marine shipyards, and particularly the smaller yards, has worsened dramatically in recent months, according to the Economics Minister for the coastal state of Lower Saxony, Peter Fischer, speaking at a coastal states conference. He told his fellow
      Seatrade Week  -  308 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1174 31 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 •ASXCL Shpg 15 2
      1,174 words
    • Article
      Lock icon Stevedores slow Brazil's Santos port operations in fee dispute
      235 31 Knight-Ridder SAO PAULO Stevedores succeeded in slowing operations at Brazil's largest port of Santos to less than half of normal in a dispute over fees, a port spokesman said. "Loading and unloading operations were significantly affected by the slowdown," said spokesman
      Knight-Ridder  -  235 words
    • Article
      Indonesia to improve sea transportation
      309 31 JAKARTA Minister of Transportation Azwar Anas said the government would improve the nation's sea transportation facilities because of the public's increasing reliance upon them. "To meet the demand, the ministry will provide new passenger ships and ferries in the next few years." Mr Azwar said
      309 words
    • Article, Illustration
      Sea-Land reshuffles its regional country managers
      261 31  -  By Dexter Lee SINGAPORE US liner giant Sea-Land Service Inc's country managers responsible for Singapore, Malaysia and Indonesia recently saw a reshuffling of their portfolios. In the process, the American carrier merged the Singapore and Malaysia country manager posts, while creating a new one
      261 words
    • LOG BOOK
      • Article
        SIA Flying College to take in foreign students
        102 32 SINGAPORE The Australia-based training centre of the Singapore Flying College, a subsidiary of Singapore Airlines (SIA), plans to take in student pilots from other airlines in the region, SIA said on Saturday. An SIA statement issued in conjunction with the commissioning of
        102 words
      • Article
        Tanker detained after collision
        128 32 KUALA LUMPUR Malaysian maritime authorities said on Saturday they detained an Indian-registered tanker after it collided with a barge while leaving Klang, Malaysia's largest port. Port officials said a barge crew member was killed and six were injured after they were flung into the sea during
        128 words
      • Article
        Sanctions violated, says US
        99 32 UNITED NATIONS The United States on Friday denounced merchant ships from Greece, Italy and Egypt for providing the former Yugoslavia with petroleum, a move that violated the UN-imposed oil embargo on Serbia and Montenegro. 'The United States has reason to believe that tankers managed byThita tankers
        99 words
      • Article
        US chopper buzzes Cuban ship
        120 32 MEXICO CITY A US helicopter and two planes buzzed a Cuban cargo ship in international waters last week and dropped what appeared to be smoke bombs off its stem, the official Cuban news agency said on Friday. In a dispatch monitored in Mexico City, Prensa
        120 words
      • Article
        Swissair cancels 2 flights to US
        110 32 ZURICH Swissair cancelled two flights to the United States on Friday for security reasons, as last minute checks were made on their engine mountings. The Boeing 7475, bound for New York and Chicago, were held up after Swissair found on Wednesday a "small' fault
        110 words
    • Article, Illustration
      Lock icon Taking one hull of a risk
      1146 32  -  Colin Gilchrist, Paul Nightingale and Len van der Put of Sedgwick Marine look at insurance coverage available to shipyards against risks involved in the construction of vessels Colin Gilchrist, Paul Nightingale and Len van der Put Lloyd's List International: Shipbuilding Shiprepair IN THE London
      Lloyd's List International: Shipbuilding & Shiprepair  -  1,146 words
    • Article
      COCKETT BUNKER MARKET REPORT
      852 32 THIS twice weekly report, compiled by Cockctt 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 arc indicated. The Cockctt Bunker Price Index change and
      852 words
    • Article
      THE SHIPPING GUIDE
      8296 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      8,296 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        651 47 Vessel Voy No Berth Arrival Oepartve Vessel Voy No 1 Itofi A mi Depart** Jurong Fori Cementco Chin MH HoHandc Conf Hong Ha Ivan Korzunov Makassar Rachmanuel 1 Roda Perkasa Sol Arhon Bestco Budi Jaya Dw Daya FGA 1106 B FGA 38/8 Junior Kahenda Gold Lion Valour
        651 words
      • Article
        CONTAINER SCHEDULES
        1690 47 iMtiWiiilL 52 CONTAINERS IN PROGRESS :SN> Voy No Containers avalabie 9# Voy No Containers avalabie B Kemuning 187 COO(EST) 13.11.92 1500 E Order 0-048E COO(EST) 14.11.92 0700 Leee Ms 9213 COO(EST) 13.11.92 0700 Ffeos 9229E COO(EST) 1411.92 1100 Breeze ***** COO(EST) 13.11.92 0700 Anson *****S COO(EST) 14.11.92 1200
        1,690 words
    • Article
      DAILY FREIGHTS
      1194 48 THE* BALTIC Freight Index (nM) was nine points up on Tljtdnday at 1,172 with strong on most routes, triggered by a firm US Gulf/Japan grain rufe* bookers said. tTour. fixes of Panamax size haciy grain cargoes were reporte<f«.USs2l.so to U5522.00 for triftS December thjough June. relevant BFI route
      1,194 words
    • Article
      TRANSPORT DIARY
      305 48 Not 16-17: Claims Resolution Litigation Management, Lfcyd's Training Centre, London. For further details, please contact Ms Joy Bambrough at t«: 071-236-2175. Nov 16-20: Practical Risk Management, Tower Hill Hotel, London. For further details, plfcase contact Ms Joy Bambrough at tel: 071-236-2175. Nlfc 18 19: Ship Chartering Practice Charter
      305 words
    • Article, Illustration
      Lock icon TNT denies Ansett sale to Cathay Pacific
      351 50 Company has long way to go before such a sale: director AFP SYDNEY Troubled Australian transport group TNT Ltd denied yesterday rumours that it was planning to sell its stake in domestic airline Ansett to Hongkongbased Cathay Pacific. "I think the minute we
      AFP  -  351 words
    • Article
      Lock icon Eurocopter opens A$20m facility in Sydney
      159 50 AFP SYDNEY Eurocopter, the world's largest exporter of helicopters, opened a As2o million (5522.6 million) facility on Friday in what it called "the fastest growing area for helicopter sales in the world 1 Inaugurated by Eurocopter's president Jean-Francois Bigay and Australian Prime Minister Paul
      AFP  -  159 words
    • Article
      China's civil aviation to get boost from new rules
      357 50 BEIJING China is drafting regulations on international aviation cooperation to promote China's civil aviation development, a senior aviation administration official disclosed last Tuesday at an international seminar in Beijing. According to a report in the China Daily News. Chinese air transport
      357 words
    • Article
      Lock icon TWA, Hawaiian Airlines in deal to save 200 jobs
      386 50 NYT KANSAS CITY, Missouri Trans World Airlines and Hawaiian Airlines said on Friday that they had completed a maintenance deal that will save more than 200 jobs at TWA's Kansas City overhaul base. "That's good news for the workers, good news
      NYT  -  386 words
    • Article
      Lock icon Foreign flights get priority at congested Sydney
      270 50 AFP SYDNEY Foreign flights are being given priority at congested Sydney Airport, leading to increasing delays on domestic routes, an aviation official said here yesterday. A spokeswoman for the Federal Airports Corp (FAC), which administers Australia's major air terminals, said increasing traffic at
      AFP  -  270 words
    • Article, Illustration
      Lock icon Little progress in bomb detectors 4 years after Lockerbie
      621 50 NYT WASHINGTON Nearly four years after the bombing of a Pan Am flight over Scotland started a search for better ways to find hidden bombs, the widespread use of more advanced detectors is still years away. Both the families of victims
      NYT  -  621 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      46 31 Taking one hull of a risk, Page 2 TNT denies Ansett sale to Cathay Pacific, Back Page Lines and tnrvkns mprtsnntnd by /sSSsx MnmMrs «ff ttM Registry «f AccmdiUd [fflfMvl IMpnlni Skoaon National SMo-\imSsM* nZ».IXS rwuwn« p«ng RUOCUuOVI. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      46 words
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      Page 31 Advertisements Column 2
      101 31 THE FAMOUS J** I laiaoM ■iMIIIJI* 224 1833 For more information pleawe refer to Pg. 13 MOL Upgrades Service to East Africa. V. i A MOL Carries More to East Africa. If you're shipping to East Africa, MOL has great news. We're substantially upgrading our service, with more frequent sailings
      101 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      82 32 j <><'>• \> 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
      82 words
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      2557 33 m OOCL (3) PTE LTD JARDINE SHIPPING AQENCIEB «i|f#* *****11 FAX: *****09 vIIUF BOOKINGS TEL: *****34 *****58/ *****40 ■llllf CFS (PSA F5) TEL: *****21/ *****79 PGOOOfIVI PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L WW# A PORT KELANG TEL: *****18 FAX: *****91 *****88 n«WioM<»l PENANG TEL: *****4 FAX: *****1 CFS TEL:
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      Page 33 Advertisements Column 2
      1845 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT ISUASCI ]UNITED ARAB SHIPPING CO. (SAC)/ /J r To US East Coast M/not BO ML ML- Ml 13 •1 —I V 1/12 (/II 7/81 */91 M IMam Vl7 11/12 l»/tl 21/11 22/11 2«/tl
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      Page 33 Advertisements Column 3
      1417 33 WEEKLY DIRECT CALL TO SHIMIZU REGINA MAERSK V.9213 ETA SIN 19/11/92 ETA SHIMIZU 1/12/92 Vessel Voy ETA ETO Feeder by Sm Lerfc/Aries DESTINATIONS This week MagieCy Meersk 9210 i7/ii 0800 HRS mnw■■■ MHM■■■ IHVHHM CFS 16/11 2359 HPS JOM LPK PEN OAK LGB HOU MEM ATL MIA CMS BAI PHI
      1,417 words
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      1504 34 RDAM/ VOY NO S PORE JEDDAH S'HAMTON H BURG ANT LE HARVE ELBE 13/146 19/11 5/12 8/12 6/12 I. Ml MCSTBOUK) KATSURAGI 12/346 21/11 1/12 9/12 12/12 14/12 16/12 POHI KEUWBIPOMNB HAMBURG EXPRESS 11/147 26/11 12/12 15/12 13/12 CMMO TO UK/COKTKNT HANNOVER EXPRESS 11/347 28/11 8/12 16/12 19/12 21/12 23/12
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      Page 34 Advertisements Column 2
      518 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vootochny, Vladivostok, Moscow, Tsshkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocT<§>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN POL EAST 20/11 VILLE DE TITAN A 27/11 ORIENTAL
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      Page 34 Advertisements Column 3
      1556 34 1 ia **mw± REGULAR INDEPENDENT FULL CONTAINER SERVICE IVSL/VOY SIN ALQ BCL* HAMBRE# ROT ANT# FEL LHA". I NOR ASIA PEARL 9237-3 17/11 08/12 10/12 12/12 13/12 14/12 15/12 15/12 18/11 I JAPAN SEA 238W 23/11 14/12 16/12 20/12 21/12 22/12 23/12 23/12 24/12 I CHMA SEA 239W 30/11 21/12
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      Page 35 Advertisements Column 1
      2005 35 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUE SAIS HUB MERUBI VIOI KK. Skin. Taw 16 17 No« 17 Not 20 Nov STRAITS STAR Vl7t Mum Lab It 19 Nov 20 No« 21 Nov KHMPONGSOM lUJAH BROOKE
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      Page 35 Advertisements Column 2
      2804 35 m SINGAPORE AGENT: 0 j P&O Containers (Singapore Agencies) Pte Ltd 43LV t iIMIB/f 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 w— -w Tej 2233 RS ***** pNOCSp Fax 225 5327/222 7517 v CR Number **********0Z EXPORT MPORT VESSEL VOY pPNQ *PKO MM AIG SOU ANT HOT HAM
      2,804 words
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      634 36 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE WL'WY ST«£ ROAM ADAM HDUtG BREMEN ANTWERP MAT ARAM 33W5 10/12 13/1 17/1 21/1 25/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subpct to InducMnant. Alto accepting cargo to Casablanca, Port Said, Port Alexandria, Genoa, Trust*. M.SO ACCEPTING CONVENTIONAL CARGO VIA
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      Page 36 Advertisements Column 2
      987 36 HANJIN SHIPPING FAR EAST SERVICE (lAC SERVICE) CALLING EVERY THURSDAY:- PASIR GUDANG FRIDAY:- SINGAPORE VESSEL 1 PRD I SIN HKG KHH UKB YOK ALWATTYPA F9248N 26/11 27/11 1/12 3/12 8/12 10/12 ADDIRIYAN F9249N 3/12 4/12 8/12 10/12 15/12 17/12 JEBEL ALIF92SOW 10/12 11/12 15/12 17/12 22/12 24/12 S'PORE AGENT: CROWN
      987 words
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      Page 36 Advertisements Column 3
      1268 36 Inn ssf use im uc rus wi o» n as no uu ae u nc lm mm km nr «c no cm nu w I CGUTIEH Mt 17/11 M/U 23/11 2S/11 27/U 14/11 1/12 1/12 4/12 5/12 7/12 1/12 31/12 1/1 3/1 12/1 13/1 14/1 15/1 lt/1 24/1 5/2 5/2
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      Page 37 Advertisements Column 1
      1591 37 II II PLEASE DIAL TEL: *****00 II II X II FOR ALL BOOKINGS (NOL SERVICES) I M^mSiiHXfmiaiJiWwßi expbess (sex) 2 I S WbPNW* USA ffltf p powts i TQCALiFO*mA I 1/ FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI DAL/HOL' MPH
      1,591 words
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      Page 37 Advertisements Column 2
      1152 37 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 EASTBOUW)—WSCHAKON6 WESTBOUW-LOADXG TKAHSHFPED VIA ROTTERDAM
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      Page 38 Advertisements Column 1
      1711 38 K"W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W W7\ TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 |%l H MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD 1 JHL Bh m JL JL M 4 TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■MB KAWASAKI KISEN KAISHA,
      1,711 words
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      Page 38 Advertisements Column 2
      1192 38 PHILI OmtNT LINGS PT( LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Tetex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU QSJ MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Va,r i—l wuan—fc t—i 18 NOV SYDNEY, MELBOURNE. BRISBANE,
      1,192 words
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      Page 39 Advertisements Column 1
      1087 39 PACIFIC INTERNATIONAL LINES (PTE) LTD OT M 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I VESSEL wov 4IM ik T cifcj VESSEL VOYSTH BKK SIN miyni tcditl 77/,, IT,' rT,. SRISAMUT (THAI FLAG) SRS43N 15/11 16/11 22/11 KOTA PETAHI
      1,087 words
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      Page 39 Advertisements Column 2
      1355 39 c [PGUDANGI PENANG 1 P KfLANG OCEAN VSL. Vo> 1 RTM (2- HAM (3l GOT (4) g 13/11 13/11 14/11 TOYAMA 2452 17/11 4/12 6712 7/12 9/12 E 20/11 20/11 21/11 AROSIA 2462 24/11 11/12 13/13 14/12 16/12 Q 27/11 27/11 28/11 NIHQN 2472 1/12 18/12 20/12 23/12 23/12 4/12
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      Page 39 Advertisements Column 3
      374 39 I BSA° TRANSPORTATION MYANMA fHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.Kit Pen P.Gdg PATHEW VI2OW M PT HPA AN VII4W 19/21 No* MYOMA TWA VI4SR 24/26 No* PAGAN Vl9o* 4/6 OK NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER NGADA V.50
      374 words
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      Page 41 Advertisements Column 1
      51 41 1/C VISA FREIGHT SERVICES PTE LTD JBhmJ Established Since 1984 OCEANIA PORTS QRfIftjPAGE AUCKLAND SYDNEY vT° RT EXPORT MELBOURNE FREMAME A SERVICES y FOR BOOKING 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:
      51 words
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      Page 42 Advertisements Column 1
      2391 42 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Gum Gum Shaping Sdn Bhd Chung Chiao Skipping Sdn Bhd P.T. Global Pwtra Indonesia Maritime Costar Shipping Pte Ltd Slmmg Frt&t Booking Centn S* MM 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor, Jl IR H Juanda
      2,391 words
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      Page 42 Advertisements Column 2
      293 42 SAMUDBU MOONESU (S) PTE LTD 18 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0108 Tatac R*****0 Tal: *****81-3 Fax: 22S 4*30, 227*136 FOR BOOKIMOS CALL MRECT UWE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DASA SEPULUH 902 17/11 (TUE) 20/11 (FRI) MERKUR DELTA 948 17/11 (TUE) 20/11 rc ß) DERAJAT
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      Page 43 Advertisements Column 1
      641 43 (/g. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 22/11 ROTTERDAM 22/tl HAIFA/ASHDOD/ALEXANORIA 22/11 HAMBURG/BREMEN 22/TI MARSEILLE/FRANCE 22/TI FELIXSTOWE/UK 22/TI BARCELONA/SPAIN 22/TI LEHAVRE/ANTWERP 22/11 GENOA/ITALY 22/TI GOTHENBURG/SCANDINAVIA 22/TI LOS ANGELES/WC IPI 22/TI SYDNEY/MELBOURNE 18/11 NEW YORK/EC 22/11 FREMANTLE/ADELAIDE 19/TT VANCOUVER 22/TI
      641 words
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      Page 43 Advertisements Column 2
      806 43 n^^^lCHFlt^nErßlN^KtNClt^(S^7T^^o Si TEL: *****33 (12 Lines) "I FAX: *****15/*****03 FH| TELEX: RS ***** RISHIP (3 Line*) \M\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA I LOADING FOR SPORE ABBAY WONZ 34 WB 20/12 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE T 27W8 IS/01
      806 words
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      Page 43 Advertisements Column 3
      891 43 JAKARTA BANGKOK T waa wv *01 rt ~j |«m [tor mmm NANA BHUM IS7S 17/11 20/11 PIYABHURI*## 259N Tut 17/11 fit 20/U i Km BHUN 05S 19/11 22/H MAHA BHUM# 133N Wd 10/11 SMI 22/11 BENIA MOM 53S 21/11 24/11 lAW) BHUM 51N Frt 20/11 Nwi 23/11. NANA BHUM UK
      891 words
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      Page 44 Advertisements Column 1
      1481 44 ifcfcflMAC-NELS GROUPAGE |C|\-/\'V" I PEN ANG: (04) *****6 SIBU: (064) *****9 KUCHING: (082) *****3 W V P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 1 HKG/TWN/BKK I GOTH/U.K/MED PORTS P£N PKL SIN PEN PK SIN 15/11 16/11 17/11 Hone Konf Ldn/Fli/Rdm/Ant/LHV 12/11 13/11 21/11 18/11 19/11 20/11 Hon| Kong
      1,481 words
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      Page 44 Advertisements Column 2
      350 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM ML LYT SIN N 2 STAR 0532* 11/11 1/12 3/12 19/12 PREMER 21S 30/11 12/12 14/12 30/12 MULBERA 30S 16/12 2S/12 30/12 16/1 WITH OPPORTUNITY TO CALL TOWNSVILLE ABOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON,
      350 words
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      Page 44 Advertisements Column 3
      1190 44 THONG SOON UNES PTE. LTD.] 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SHGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVIKTIONAUCONTAiWH I COKTANKW WHVtCII I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |VOT 1 STORE IttST VESSEL WT SfOtE
      1,190 words
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      Page 45 Advertisements Column 1
      896 45 COMPANIA PERUANA DE VAPORES V "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, H0» fc OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BIL OF LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOJI. TOKYO*. MANILA*. DAVAO*. Pen ant*
      896 words
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      Page 45 Advertisements Column 2
      532 45 |CZ3 Fwll C6NtBlßBf «Bn>lCB LAAAJ N.AMERICA/CARRIBEAN SERVICES VI SSL L WY SIN MANAftR YOt LAI AST SAY NYC HFI MELAI 711 20/11 W BERIA 371 24/12 29/12 2/1 4/1 (/I IM TORYO 7« 2/12 OR HONGKONG X 30/12 t/1 12/1 14/1 IC/1 1M OSAKA 2« 6/12 M SAVANNAH J* 16/1
      532 words
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      Page 45 Advertisements Column 3
      635 45 REGULAR LINER SERVICE FIXED DAY SCHEDULE (p) NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLAMG wot ii pkc in m lit sn M/V LIONA >2/1 1/12 5/12 1/12 N/V UOM 92/2 9/12 11/12 IC/12 M/V UOM 42/3 17/12 21/12 24/12 M/V HOW* >2/4 25/12 29/12 1/1 s Speeda Lines
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      Page 45 Advertisements Column 4
      443 45 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 CAKO ROOKING LUCKY TRANSPORT FREIGHT CO (PTE) LTO
      443 words
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      Page 45 Advertisements Column 5
      523 45 SIN FAR EAST 24/11 KEELUNG/KAOHSIUNG 22/11 BANGKOK 20/11 MANILA/CEBU t 22/11 JAKARTA/BELAWAN/SURABAYA 23/11 PORT KELANG/PENANG/E. MALAYSIA L 23/11 BUSAN I 22/11 TOKYO/YOKO/KOBE/NGO/OSA Z 23/11 HONG KONG SjN CHjNA (*B#±»*n) I 23/11 GUANGZHOU/HUANGPU/SHENZHEN J FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU j also accepting LCL cargo SIN EUROPE/UK 21/11 LDN/FLX/LVP/SOU 21/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting
      523 words
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      Page 46 Advertisements Column 1
      551 46 HONG KONG/CHINA 23/11 JAKARTA 22/11 BANGKOK 22/11 MANILA 22/11 BUSAN 23/11 KEELUNG 23/11 TOKYO/KOBE 22/11 KAOSHIUN6 21/11 PORT KELAN6/PENAN6 22/11 YOKOHAMA 22/11 COLOMBO 23/11 FELIXSTOWE/HAMBURG 21/11 CHITTAGONG/MADRAS 23/11 ROTTERDAM/LE HARVE 21/11 BOMBAY/KARACHI 24/11 ANTWERP 21/11 CALCUTTA 19/11 LAX/NYC 22/11 SYDNEY/MELBOURNE 28/11 CMT LINER EXPRESS AGENCIES PTE LTD wSSHf HOT-LINE *****88
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      Page 46 Advertisements Column 2
      845 46 Bon terml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19TH NOVEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 22 NOV JAKARTA 22 NOV PENANG 23 NOV PORT KELANG 19 NOV MELBOURNE 18 NOV SYDNEY 21 NOV FREMANTLE 26 NOV BRISBANE 30 NOV HAMBURG 21 NOV FELIXSTOWE 21 NOV GOTHENBURG 21
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      Page 46 Advertisements Column 3
      556 46 CHINESE-POLISH CXA JOINT STOCK SHIPPING CO C OUTAINER/BREAK BULK SM MONUSZKO Vl7 21/11 ROTTERDAM/HAMBURG < GOYMA EVER HAPPY VO5 1/12 CASABLANCA lAHNG VOl 24/11 SHANGHAI/XMGANG B. PRUS V 26 11/12 HUANGPU BALTIC FAR EAST SHIPPING PTE LTD 2 MSTRI ROM) #10-00, HMC BUILDING, S PORE 0207 TEL: *****69 FAX: *****09
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      Page 47 Advertisements Column 1
      1212 47 nedlloyd will be calling australia weekly wef January 1993, to serve you retter NedlloydLines m— si's x *7AV T/i?- uio z z 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 NLL Roch ester/*****© 25/11 28/11 27/11 26/11 1/12 5/12 19/12 29/12 21/12
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      Page 48 Advertisements Column 1
      411 48 J NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA V1«X« IC 7558 *20/11/92 (FRI) FRDAY AND MONDAY VIGOUR LUZON 23/11/92 (MON) 28/11/92 VIGOUR SINGAPORE 41NB 27/11/92 (FRI) 5/12/92 DISCHARGE ONLY. VIGOUR SINGAPORE 41ANB 30/11/92 (MON) 5/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG ARKTIS
      411 words
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      Page 48 Advertisements Column 2
      400 48 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 FOB: A VESSEL 15/11 20/11 Huangpu Guangzfiou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please
      400 words
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      Page 48 Advertisements Column 3
      199 48 1. u ,,..d E2212 CONTAINER LINE «^V"WUAUCKLAND WEEKLY CONSOLIDATION N Inland Destinations: ZEMAND NRV PLYMOUTH DUN EDIN < WELLINGTON •HAMILTON CHRISTCHURCH/ LYTTELTON TAURANCA/WaUNCTON NAPIER iTChriilchurch Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD ?*>««*» 133 New Bridge Road #09-06 Chinatown Point S'pore 01 OS v* VESSEL VOYAGE SINGAPORE PORTS
      199 words
  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      512 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 I Jft 1.3 18 2.2 24 24 22 18 15 13 1 2 14 1 7 2.2 27 30 30
      512 words
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      Page 49 Advertisements Column 1
      1139 49 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PWA PKE+ PGD+ SN RTM AWT* LEH* HAM Bttt FEL SI IfOEPENDENCE 302* 13/11 13/11 13/11 15/11 4/12 4/12 5/12 5/12 5/12 «/12 H. FRONTER 302* 27/11 27/11 27/11 29/11 18/12 11/12 19/12 19/12 19/12 22/12 H. COMMANDER 301W 4/12
      1,139 words
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      Page 49 Advertisements Column 2
      444 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssii wy v n arc n TRANS AITO AS Sl» SUI MA ■PT CeSNK TRAKR 11 ■PT COSMC PMMER 21 11/11 19/11 HtIICIA 17 20/11 29/11 NAME BREEZE 179 21/11 »/H »/ll RYO AM 1 24/11 OUTBOUND VESSELS LOADINC
      444 words
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      Page 49 Advertisements Column 3
      930 49 EXPORTTO: JEDDAH/UK/CONTINENT [STORE CD STON HUM RDAM LEH Alm Acc*to« C«t* f* ELM 13/144 19/11 Vl2 1/12 4/12- SwOumpton :tod UK AmlMMmi. MM a* Out* KATSUMQ 12/3 M 21/11 1/12 9/12 12/12 14/12 11/12 ltott«4«i I* d Anhmp A«mt«cUm. o*. Htoti k3MUj|i^HH HAOBUOC EXPRESS 11/147 24/11 12/12 15/12 13/12 SwOuapton
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