The Business Times, 18 March 1992

Microfilm: NL17813
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Wednesday, March 18, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Building of new US homes at two-year high
      70 1 WASHINGTON Construction of new homes in the United States soared in February to their highest level in nearly two years, the government said yesterday, providing further evidence that the economy has pulled out of its stall. Meanwhile, the Labour Department said inflation
      70 words
    • Article
      Israel gives up on loan guarantee
      70 1 JERUSALEM Israel yesterday appeared to throw in the towel on US bank loan guarantees worth US$lO billion (5516.5 billion) after months of lobbying for them to help settle Soviet Jewish immigrants. "Our request was not accepted (by the US Administration) and the conditions it
      70 words
    • Article
      Growth expectations
      39 1 GOVERNMENT and business officials in Moscow expect Russian business with Singapore to continue to grow in spite of the sharp decline in the number of Russian visitors to Singapore since the start of this year Page 2
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    • Article
      ANA buys stake
      31 1 All Nippon Airways Co Ltd (ANA) has finally bought a 13.5 per cent stake in Abacus Distribution Systems Pte Ltd for about US$lB.3 million (5530.2 million) Page 4
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    • Article
      US optimism high
      36 1 US manufacturing and construction companies are more optimistic about business conditions in the coming months, say two surveys. They expect further increases in production and new orders in the near term Page II
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    • Article
      All about litigation
      44 1 A LAW book covering all aspects of the litigation process, including the difficult subject of ethical considerations in conducting a trial, is now available. Published in January, it was written by a subdean of the National University of Singapore Page 14
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    • Article
      Carrier held
      52 1 A SECOND Ukrainian carrier Black Sea Shipping Company vessel was arrested and detained for three weeks before it was released. Ro-ro vessel Vladimir Vaslyaev was arrested by the Singapore authorities as a result of a legal action brought against the line by a German bunker operator. Shipping Times
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  • MARKETS SUMMARY
    • Article
      Dow steady
      25 1 WALL STREET stocks opened unchanged yesterday, with the Dow Jones index of 30 leading industrials at 3,236.36 five minutes after the opening bell.
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    • Article
      Footsie higher
      33 1 LONDON share prices were higher on the Stock Exchange yesterday morning. At 1200 GMT, the Financial TimesStock Exchange 100-share index was up 18.0 points at 2488.7. Volume was 248.7 million shares.
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    • Article
      To the drawing board
      42 1 PROPERTY-BASED Lien Hoe Corporation is re-drawing its plans for a Ms9o million (5557.6 million) mixed housing project in Johor to include shophouses, said Mr Voon Kam Lin, the group's assistant general manager for properties and projects Page 6
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    • Article
      Better results for SAL
      45 1 SAL Industrial Leasing Ltd has achieved better-than-forccast results. Group net earnings, for the financial year to Dec 31, 1991, rose by 35.2 per cent to 56.83 million. SAL has also proposed a one-for-10 bonus issue, in lieu of dividends Page 6
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    • Article
      Fresh blood needed
      28 1 A RESTRUCTURE at Yeo Hiap Seng Ltd is crucial. New management blood is needed if YHS is to hold its head high again Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 695.65 -0.32 Kuala Lumpur ....594.49 +2.75 Tokyo 19,917.63 +80.47 Hongkong 5,044.86 -15.0 Sydney 1,578.9 -7.8 Monday Change New York 3,236.36 0.45 London 2,470.72 -5.3
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    • Article
      CURRENCIES
      30 1 London Gold AM fix USS343.35 -US$3.40 Exchange rates USS s$ 1.6530 100 Yen S$ 1.23% MS SS 0.6386 Money market rates Overnight 3 1/4 +1/4 3-month 3 7/16% +1/16
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    • Article
      COMMODITIES
      31 1 Rubber S'pore Apr.... !37.25'/kg -0.25 M'sia Apr..... 2! 2.00»/kg 1.00 KL Tin Turnover 62 tonnes -21 Spot.. MSl4.il/kg +0.03 Crudt palm ofl Turnover 1,331 lots -345 Apr MS943 /tonne 3
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  • Article, Illustration
    Firms rush to buy over tenancies of HDB shops
    579 1  -  Retailers, fast-food operators offer much coffee-money for choice sites By Hong Lee Tiam SINGAPORE The Housing and Development Board scheme to sell its tenanted shops has resulted in a rush by retailers and fast-food operators to buy over the tenancy of
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  • Article
    Nikkei moves back up slightly in mixed trading
    192 1 SINGAPORE Share prices ended mixed on the Tokyo Stock Exchange yesterday in a tug-of-war between small-lot bargain hunting and selling by corporate investors. The Nikkei stock index, which plunged 3 per cent to a five-year low on Monday, turned up 80.47 points,
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  • Article
    Lock icon Australia technically out of recession but recovery sluggish
    345 1 AFP, Reuter SYDNEY Australia's worst recession since the Great Depression is over technically at least after the release yesterday of data showing the economy started to expand late last year after 12 months of contraction. The Statistics Bureau reported yesterday that based
    AFP,; Reuter  -  345 words
  • Article, Illustration
    Lock icon Singapore gains from flow of forex business out of HK
    421 1  -  By Quak Hiang Whai SINGAPORE Singapore has continued to benefit from the flow of foreign exchange business out of Hongkong, local bankers say. In a survey to be published soon by the magazine Asia Money and Finance, Singapore dealers estimate
    Source: Asia Money & Finance  -  421 words
  • Article
    Lock icon HongkongBank revives bid for Britain's Midland Bank
    426 1 Reuter HONGKONG Hongkong and Shanghai Banking Corp parent HSBC Holdings pic yesterday revived a bid for Britain's troubled Midland Bank pic that had fallen apart after the Gulf War threw world markets into turmoil. Hongkongßank, which has for decades tried unsuccessfully to get
    Reuter  -  426 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      216 1 Hiffh fashionfabrics from Italy Available at all leading tailors Aircraft Schedule 31 KLSE 23 World News 11 Commodities 30 Money Changer Rates 31 For market indices, editorial. Company News 6,7.8 Money Market 29 advertising and circulation exCryptic Crossword 31 Regional News 10 tensions, call Business Times Financial News 9 SES
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      Page 1 Advertisements Column 2
      11 1 Editorial, Pg 12 An impact both psychological and real, Pg 13
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      Page 1 Advertisements Column 3
      174 1 Lanihcio Mario Zhgna- Company to help small retailers modernise, Page 4 HSBCs real performance lies hidden in inner reserves, Page 7 Caution first Meet Wing Lung, the Hongkong bank in which DBS Bank has bought a 10 per cent stake. Catherine Ong reports on its guiding philosophy, which is conservatism.
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  • PAGE 2 NEWS
    • Article
      Sharp drop in number of Russian visitors to S'pore
      543 2  -  From John Helmer in MOSCOW THERE has been a sharp decline in the number of Russian visitors to Singapore since the start of this year. But government and business officials in Moscow said they expect Russian business with Singapore to continue
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    • Article
      S'pore's trade with former Soviet Union surges
      328 2  -  From John Helmer, Alec V Almazan in SINGAPORE SINGAPORE'S Trade Development Board figures showed that total two-way trade between Singapore and the former Soviet Union had increased dramatically between 1988 and the end of last year. Total imports from the Soviet Union stood
      328 words
    • Article
      Lock icon Thai central bank asks for tight Budget
      405 2 Reuter BANGKOK Thailand's central bank has urged the country's new government, due to be formed after Sunday's elections, to seek a tight Budget to ease inflationary pressure. Deputy central bank governor Rerngchai Marakanond said his bank has proposed to the finance ministry that
      Reuter  -  405 words
    • Article, Illustration
      Lock icon Yaohan to expand in a big way in Asia
      431 2 Group plans biggest Asian shopping centre in Shanghai by '95 Reuter SINGAPORE Japanese merchandising giant Yaohan International Co Ltd will expand its Asian network aggressively over the next several years, particularly in China, Yaohan chairman Kazuo Wada said. "We will set
      Reuter  -  431 words
    • Article
      Lock icon Review of ad rules not directed at US goods: KL minister
      269 2 Reuter KUALA LUMPUR Malaysia yesterday said a review of advertising rules was not directed at American products. Information Minister Mohamcd Rahmat told reporters the government was reviewing advertising guidelines to screen out sex and violence, and to ensure accuracy.
      Reuter  -  269 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      106 2 Towering 23 storeys high, a landmark 3 minute walk to the Tanjong Pagar address at the junction of Anson Road MRT station Designed with intelliand Palmer Road, 79 Anson Road makes gent building technology Column-free all the difference between getting there office space Floor loading of 4 kN/m J and
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      Page 2 Advertisements Column 2
      267 2 Bangkok expects 5.5b baht Budget surplus this year, PglO Whichever road you take, we'll give you o good start a-r-A FLEXI-DRIVE I H X^^nNANCTNG^^^ cteancr kerc «*«*u m V,S ACa rtfes r DBs Card cZ t WMlVer fro ,o %ofr /cs upt °Syn). Wor ks/j o pj at *PP°intcd h
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  • YESTERDAY IN PARLIAMENT
    • PARLIAMENT BRIEFS
      • Article
        New company to run cable TV news channel
        111 3 A NEW COMPANY will be formed to run the first cable television news channel starting next month. Singapore Broadcasting Corporation will have only a minority stake in the company, which will be a subsidiary of government-owned Temasek Holdings, said Minister for Information
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      • Article
        Govt's stand on dialects
        81 3 AFFIRMING the government's commitment to the Speak Mandarin Campaign, Brig-Gen (Res) George Yeo said Mandarin will become a common language of all Chinese Singaporeans in the long run. But some will continue to speak dialects for business, cultural or political reasons. But the future of dialects
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      • Article
        Filth outside but keep inside clean
        79 3 SINGAPORE is a society that is utterly ventilated. In expecting the press to play its part in maintaining moral standards, the government has therefore to take a practical, realistic approach, recognising the pervasiveness of outside influences. Singapore is no Victorian society, but certain standards
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      • Article
        Some firms not sharing info
        95 3 SOME companies, mostly those that have* yet to adopt flexible wage systems, are still not sharing information with their employees or unions, noted Labour Minister Lee Boon Yang. A recent survey shows that 82 per cent of unionised companies and 69 per cent of non-unionised
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      • Article
        Targets for courtesy drive
        40 3 FROM THIS year, the Courtesy Campaign will be targeted at specific sections. The Ministry of Information and the Arts will be working with the Communications Ministry this year to focus on courtesy in the transportation sector.
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      • Article
        Role of traditional medicine
        58 3 THE REPORT of the Review Committee on Health Policies neglected the role of traditional medicine altogether, the MP for Leng Kee, Dr Ow Chin Hock, pointed out. He suggested that the Ministry of Health look into measures to help develop the use of traditional medicine, including
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      • Article
        Plan for Archives, Oral History
        35 3 THE NATIONAL Archives and Oral History Department may be housed together in the new National Library so as to improve accessibility. The plan is being considered, said BG George Yeo.
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    • Article
      Lack of cultural depth can be fatal in a crisis, says BG Yeo
      281 3 SINGAPOREANS must have a deep sense of the past, because in a crisis the lack of cultural depth could be a fatal flaw, says the Minister for Information and the Arts, Brig-Gen (Res) George Yeo. "In good
      281 words
    • Article, Illustration
      Hire more part-timers, worker-short bosses told
      502 3  -  This is a flexible-working scheme govt encourages, says Boon Yang Reports by Anna Teo,Schutz Lee EMPLOYERS who are short of workers should consider offering more part-time employment opportunities, urged Labour Minister Lee Boon Yang yesterday. Part-time employment is one form of flexible working arrangement
      502 words
    • Article
      Govt to look into use of CPF for housing with shorter leases
      356 3 THE MINISTRY of Labour will look into whether the 75year minimum lease period for using Central Provident Fund savings to purchase residential property can be reduced without compromising the objective of old age security of CPF members, said
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    • Article
      Call to set up community health centres
      177 3 THE setting up of Community Health Centres at constituency level can bridge the demands on the time of general practitioners and also meet the targets laid out in the Primary Health Care programme, argued Dr Tan Cheng Bock (Ayer Rajah). Bringing primary health
      177 words
    • Article
      Labour laws to be reviewed soon
      394 3 THE Labour Ministry accepted many suggestions from the House yesterday, and said a number of labour laws will be reviewed soon, if not amended. Labour Minister Lee Boon Yang said retrenchment benefits will soon be made a statutory payment in the event of a
      394 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      118 3 Singapore Preview: The x Raffles Avenue 21-22 March 1992 10:30 6:00 p.m. Auctions: New York Geneva: Important Jewellery Watches Hong Kong at the Hilton Hotel: 30 March Contemporary Chinese 4 rer y rare p atr ofjamille rose cylindrical jars Qil Paintings covers, iron-red Qianlong seal marks and 0/the period. lOVtin.
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      Page 3 Advertisements Column 2
      671 3 I SAL Industrial Leasing Limited I |||j (Incorporated in the Republic of Singapore) 181 I Singapore H H Technologies jf 1 Group Company H| SI 1. (a) Turnover 31,690 29,091 8.9 25,457 23,264 9.4 K| HI (b) Interest Other Income 5,716 5,734 (0.3) 5,277 5,558 (5.1) H| Ifll 2. (a)
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  • SINGAPORE NEWS
    • Article, Illustration
      ANA buys 13pc stake in Abacus for US$18m
      395 4  -  By Dexter Lee ALL Nippon Airways Co Ltd (ANA) has finally bought a 13.5 per cent stake in Abacus Distribution Systems Pte Ltd for about US$lB.3 million (5530.2 million) after plans to do so were made two years ago. This is one
      395 words
    • Article
      Company set up to help small retailers modernise
      336 4  -  By Colin Tan THE FEDERATION of Merchants' Associations (FMA) has set up a company to help small retailers modernise and raise their competitiveness. An FMA spokesman said the objective of the new company, FMA Holdings (S) Pte Ltd, is to help members
      336 words
    • Article
      Going beyond the MBA degree
      178 4 IF AN MBA or Master of Business Administration is not enough, senior executives and management consultants can now aim for a DBA or Doctorate of Business Administration. The Singapore Institute of Management, with Henley Management College and Brunei University of West London, is offering a
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    • Article
      DBS buys $14.5m IBM mainframe computer
      202 4 DBS Bank has spent $72 million, over the past five years, on computers. Executive vice-president Soh Kim Soon gave the figure yesterday when he announced the purchase of a $14.5 million IBM mainframe ES/9000. This machine, which can perform up to 47 million instructions
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    • Article
      Computer firm primed for 50pc rise in annual sales
      346 4  -  By Joseph Rajendran COMPUTER distributor Primefield says it will continue to register annual sales growth of more than 50 per cent in the next two years while many of its rivals battle to make ends meet. Primefield expects to clock up
      346 words
    • NEWS ROUNDUP
      • Article
        SGH to hold its third Scientific Meeting
        69 4 SINGAPORE General Hospital will hold the Third SGH Annual Scientific Meeting on March 28. The hospital's major clinical meeting, it will bring medical staff of all disciplines together. Research undertaken by clinicians during the year will be presented and discussed. Five doctors are
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      • Article
        Deepavali to fall on Oct 25
        37 4 DEEPAVALI will fall on Oct 25, not Oct 24, as previously announced. Since Oct 25 is a Sunday, the following K&nday will be a public holiday, the Ministry of Labour sjjp
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      • Article
        Promotions for SAF officers
        39 4 ia A TOTAL of 167 officers from the Singapore Armed Fowes will be promoted at a reservist officers' ceremony on March 30. Major General Ng Jui Ping, acting chief of the Defence Force, will officiate.
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      161 4 How to use the body to relax the mind Introducing Connoisseur Class. AuilVur It's comforting news. Many of our new seats are available in the Come fly the airline that's uniting the world. Our state of the art business class seats with smoke-free upper decks of our vast 747 fleet.
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      Page 4 Advertisements Column 2
      8 4 tiii .>=253 4411 1 for the In Singapore
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      271 5 Some of the best business decisions are made in the car. Two things happen when you decide I to buy a Mercedes-Benz. I The first is the immediate satisfaction and the enjoyment that comes with owning and driving it. Nothing quite exemplifies the benefits of superior technology the way a
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Guthrie Manufacturing buys more L&M shares
        41 6 SINGAPORE Guthrie Manufacturing (S) Pte Ltd purchased another 9,000 shares of L&M Group Investments yesterday at $1.65 a share. Guthrie Manufacturing now owns a total of 26.38 million shares, or 39.44 per cent, of L&M.
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      • Article
        Acma confirms sales to Gold Coin
        36 6 SINGAPORE Acma Ltd has confirmed that it sold 80 per cent of L J Investment Holdings Ltd and 100 per cent of Proteq Technologies Pte Ltd to Gold Coin Ltd.
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      • Article
        FCC note issue approved at EGM
        52 6 SINGAPORE Shareholders have approved First Capital Corp Ltd's proposal to issue of U5562.5 million (S$ 102.5 million) worth of floating rate notes, $55 million worth of fixed rate bonds and 81.6 million warrants. They approved this at the company's extraordinary general meeting held on
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      • Article
        Malex posts 36pc earnings rise
        60 6 SINGAPORE Malex Industries Bhd has reported net earnings of M 52.5 million (Ssl.6 million) for the year ended Dec 31, 1991, up 36.2 per cent from the previous year. This came on the back of a 10.8 per cent rise in turnover to M 540.3
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      • Article
        Ban Hin Lee's earnings up 95pc
        82 6 SINGAPORE Ban Hin Lee Bank Bhd's group net earnings for 1991 jumped 95 per cent to M 512.3 million (Ss7.B million), from a year earlier. Operating profit rose 86 per cent to Ms 23 million. Net operating income came to M 574.6 million, up
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      • Article
        EON gets nod for bank stake
        78 6 KUALA LUMPUR Edaran Otomobil Nasional Bhd has received the Foreign Investment Committee's approval for its proposed purchase of a 46.85 per cent equity interest in Kong Ming Bank Bhd for M 594.6 million (5560.5 million) in cash. Upon completion of the transaction, EON would
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    • Article, Illustration
      Lien Hoe's Senai plan may include shopping complex
      473 6  -  From Lilian Ang in JOHOR BARU PROPERTY-BASED Lien Hoe Corporation is re-draw-ing its plans for a Ms9o million (5557.6 million) mixed housing project in Johor, located near the Senai industrial estate and airport. Mr Voon Kam Lin, the group's assistant general manager
      473 words
    • Article
      Lock icon Temerloh proposes to change name to Arab-M'sian Corp
      295 6 Bernama KUALA LUMPUR The Temerloh Rubber Estates Bhd yesterday said it proposed to change its name to Arab-Malaysian Corporation Bhd to reflect the company's interests in the Arab-Malay-sian Group and its new activities, after selling off its estates. In a statement, the
      Bernama  -  295 words
    • Article
      Lock icon Bedford to use bulk of M$175m bond to repay loans
      180 6 Bernama KUALA LUMPUR The bulk of the proceeds of M 5175.1 million (Ssll2 million) from Bedford Bhd's issue of 5.5 per cent bank guaranteed bonds 1992/97 with detachable transferable subscription rights (TSRs) would be used to refinance existing bank borrowings,
      Bernama  -  180 words
    • Article
      SAL posts 35pc earnings jump and proposes bonus issue
      413 6  -  By Chow Eng Han SINGAPORE SAL Industrial Leasing Ltd has turned in better-than-forecast results and proposed a one-for-10 bonus issue. SAL, which was listed on the main board last year, reported a 35.2 per cent jump in group net earnings to
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    • Article
      Lock icon Bernama launches PC-based technical analysis of KLSE
      169 6 Bernama KUALA LUMPUR Bernama, Malaysia's national news agency, has launched a personal computer-based subscriber service, which provides investors with public real-time technical analysis on price movements on the Kuala Lumpur Stock Exchange. Bemama's general manager Mohd Raus Borhan said the Advanced Workstation Service
      Bernama  -  169 words
    • Article
      Yeo Hiap Seng needs a team of truly professional managers
      702 6  -  THE HOCK LOCK SIEW COLUMN Urgent steps needed to turn its fortunes around By Genevieve Cua SINGAPORE Yeo Hiap Seng Ltd was once held up as an exemplary homegrown enterprise that was boldly venturing abroad. But those were the good
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    • Article
      Lock icon Coles Myer to relist NZ supermarket unit
      488 7 Reuter AUCKLAND Australia's largest retailer, Coles Myer, joined the race yesterday to raise more equity from the New Zealand public by formalising a NZ$2OO million (S$ 180 million) plan to refloat 60 per cent of its New Zealand supermarket unit. Progressive Enterprises. Progressive,
      Reuter  -  488 words
    • Article
      Regent Hotels may seek listing in HK
      282 7 HONGKONG Regent International Hotels may seek a listing on the stock exchange to help reduce the huge debts of its owner, Tokyo-based EIE International, to the Long Term Credit Bank (LTCB) of Japan. Funds from stock listing will also be used to invest
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    • Article
      Lock icon NTT says its profit forecast beyond reach
      272 7 Reuter TOKYO Competition and a slowing economy are hitting Nippon Telegraph and Telephone Corp (NTT) so hard it cannot achieve its profit forecast for the year to March 31, 1992, NTT president Masashi Kojima says. He said yesterday that NTT's parent current profit
      Reuter  -  272 words
    • Article
      Lock icon HSBC's real performance lies hidden in inner reserves
      672 7  -  ANALYSIS From Ian Perkin SCMP in HONGKONG HSBC HOLDINGS pic, the holding company of the Hongkong and Shanghai Banking Corp, has again presented a profit report as fascinating for what it does not contain as for what it docs. As has been
      SCMP  -  672 words
    • COMPANY BRIEFS
      • Article
        Indian firm in Sumatra paper pulp venture
        78 7 NEW DELHI India's Ballarpur Industries Ltd (Bilt) is setting up an US$B5O million (SSI.4 billion) joint venture with Indonesia's PT Risjadson Holding and Investment Co to produce paper and rayon grade pulp. Bilt chairman L M Thapar said yesterday that PT Indo-Indrapuri Industries,
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      • Article
        Tata to make Daimler-Benz engines
        57 7 NEW DELHI India's Tata Engineering and Locomotive Company Ltd (Telco) will manufacture automobile engines and spares for German giant Daimler-Benz under a buyback deal, the Economic Times reported on Monday. Tata group chairman Ratan Tata said the turbo-charged engines in the 140-230 horsepower range and
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      • Article
        Pepsico interest surprises Lion
        87 7 AUCKLAND Lion Nathan Ltd said it was surprised by an Australian news report that Pepsico Inc was looking to take a stake in the company. Lion has a 20-year franchise agreement with Pepsico in Australia and last year opened a Asso million bottling plant in Sydney
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      • Article
        Rothmans sees 15pc profit fall
        73 7 SYDNEY Rothmans Holdings Ltd said its operating profit before tax and abnormal items in the year to March 31 will be more than 15 per cent below 1990/91. Rothmans Holdings' profit before tax and abnormals in the year to March 31, 1991 was Asl9s million.
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    • COMPANY BRIEFS
      • Article
        Texas Instruments' accords with Japan firms
        90 8 TOKYO Texas Instruments (TI), the US semiconductor company, has signed cross-licensing agreements with two Japanese companies that recognise Tl's claim to have invented the integrated circuit, a fundamental device in all modern electronic equipment. The agreements, with Sharp and Ricoh, represent an important step
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      • Article
        Argentine govt shares on the block
        73 8 BUENOS AIRES The government's 30 per cent block of shares in Argentina's Telecom went on the market on Monday, in a sale which could yield US$l.2 billion (551.96 billion) to US$l.5 billion in capital for the firm. Telecom, one of the country's two private
        73 words
      • Article
        US chain store taken over
        70 8 LOS ANGELES Circle K Corp, the nation's second-larg-est chain of convenience stores, said on Monday a group of international investors will take over its operations for US$425 million (*****.2 million), in a move that could bring it out of bankruptcy protection by year's end. The
        70 words
      • Article
        Auctioneer Christies' profits fall
        55 8 LONDON Profits at auction house Christies International pic fell under the hammer of recession last year, plunging 85 per cent as art sales slumped to almost half their 1990 level, the company said on Monday. The firm's pre-tax profits fell to £6.4 million (S$ 17.92 million),
        55 words
      • Article
        Pirelli develops telecoms laser
        63 8 MILAN Italian tyres and cables group Pirelli SpA has 'developed a new type of laser light pulse generator that •could allow over 80 times more information to be packed into telecommunications lines. The new laser would allow 'the capacity of fibre optics telecommunications links to be
        63 words
    • Article
      Lock icon Italy's Finmeccanica picks up 6pc stake in Fokker
      379 8 FT, Reuter AMSTERDAM The scramble by European aircraft manufacturers to consolidate their position in the 'regional jet market took a £wist yesterday, with the disclosure that Finmeccanica, the Italian state-controlled holding group, had accumulated a 6.02 per cent stake in fokker,the Dutch
      FT,; Reuter  -  379 words
    • Article
      Lock icon Ad firm WPP may take another US$100m loan
      361 8 Reuter LONDON Global advertising firm WPP Group pic, battered by recession and heavy debt, is faced with the prospect of borrowing up to another US$lOO million (S$ 165 million) this year, analysts and industry sources forecast. The company disappointed the market with
      Reuter  -  361 words
    • Article
      Lock icon Nestle wins crucial court ruling in fight for Perrier group
      372 8 FT, Reuter PARIS Nestle, the Swiss food group, on Monday won what may prove a crucial round in its fight for control of the Perrier group. A Paris court invalidated the purchase of a 13.8 per cent stake in Perrier
      FT,; Reuter  -  372 words
    • Article
      Lock icon Paris to probe Glaxo promotion
      400 8 Panel to report on marketing of new migraine drug FT PARIS The French government on Monday ordered an independent inquiry into the ethical, legal and medical acceptability of the methods used by Glaxo, the UK pharmaceuticals group, to promote one of its newest drugs in
      FT  -  400 words
    • Article, Illustration
      Lock icon Federal Express incurs US$254m revamp charge
      377 8 Reuter ATLANTA Federal Express Corp announced after US markets closed that it took a US$254 million (*****.5 million) charge for the restructuring, which includes deals with a unit of Australian transportation group TNT Ltd and others to take over most of its ailing European
      Reuter  -  377 words
    • Article
      Lock icon Maxwell authorised loan at secret meeting
      263 8 FT LONDON A "phantom" board meeting in September 1991 at which Robert Maxwell authorised stocklending from the Maxwell pension funds was unknown to pension trustee directors, it emerged on Monday. Confidential minutes of the board meetings of Mirror Group Pension Trustees, obtained by the
      FT  -  263 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      220 6 AUCTION MM V.Vh«4 30th APNL 1992, 1 hm-HURGON GOLF J A SOUND COMMERCIAL AGRKKJSINESS ENTERPRISE SHOWING GOOO M W RETURNS ANO WTTH EXPANSION CAPABMJTY. HANWOOD ~fl FISH FARM J A Ji AQUAVIEW LIMOUSIN STUD M A LEADING QUEENSLAND, AUSTRALIA AQUACULTURE PROJECT, W A WTTH CATTLE, RSH, PROOUCE AND PLANT. A
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      260 7 «^||^P:|||p^Bj|^^^^^^^Hn^AflUi^nHtafl| the Quadrant The Quadrant A 28-storey intelligent office wcairxvmtemdifMhmtecMnx building sanding at the junction of Cecil Street and I 1 monotony of the aty Cranng a pleasant environment for "r~ W\\\ til 7v* Qiurdi Sneet Wnh the Raffles flace MR! sodwi jua a 1 Ji people» meet 1 1-1
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      448 8 "I'll make you a better salesman j n 8 hours, or I'll make you an $300." lain Ewing is a master communicator. He can share with you the secrets of using effective communication to get what you want: The same secrets he's already shared with top people in organizations like
      448 words
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      Page 8 Advertisements Column 2
      64 8 MAKE YOUR UNWANTED ITEMS DISAPPEAR LIKE MAGIC! Want to turn your castoffs into cash? You don't ne«d magic to do the trick. Al you need is a classified ad. Call us today to place your ad and put vie process into motion. You're sure to be amazed by the results.
      64 words
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      Page 8 Advertisements Column 3
      104 8 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S4 BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 •JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 UK. LTD 240 WESTERN SAMOA 750
      104 words
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  • FINANCIAL NEWS
    • Article
      Sinar Mas firm to launch first Indon zero coupon bond
      366 9  -  From Catherine Ong in HONGKONG INDONESIAN pulp and paper maker PT Pabrik Kertas Tjiwi Kimia, part of the Sinar Mas group, is launching the country's first zero coupon bond with a US$4O million (5566.1 million) issue this week. The bonds,
      366 words
    • Article
      New Manulife heads in S'pore, Taiwan
      204 9 SINGAPORE Canadian insurance giant Manulife Financial has appointed new heads for its Singapore and Taiwan subsidiaries in line with the group's recent expansion in Asia, it said in a statement yesterday. Garry Dick, who was general manager of Manulife Philippines in the 1980s, has
      204 words
    • Article
      Titan gets loan of US$294m for Johor project
      381 9  -  By Dawn Tan SINGAPORE Titan Petrochcmical Sdn Bhd, which is building Malaysia's first fully integrated petrochemical complex in Pasir Gudang. Johor, has secured US$294 million (Ss4B6 million) in project financing from an international consortium of 23 banks. Business Times learnt that Titan
      381 words
    • Article
      Lock icon Asean Institute proposes to buy bank stake
      657 9 Objective is to transform Bank Buruh into first Asean commercial bank Bernama KUALA LUMPUR The newly formed Institute of South-East Asian Business (Asean Institute), has proposed to buy up a stake in profit-making Bank Buruh Malaysia Bhd with the intention of transforming it
      Bernama  -  657 words
    • Article
      Lock icon Schroders Asia faces HK$100m suit over NZ deal
      225 9 IHT HONGKONG Schroders Asia, a unit of the British merchant bank Schroders pic, was sued on Monday for more than HKSIOO million (5521.4 million) by a Hongkong company it advised in a 1989 takeover deal that went sour. The company Paladin Ltd,
      IHT  -  225 words
    • SMALL CHANGE
      • Article
        Citic secures six-year loan of US$50m
        52 9 SINGAPORE China International Trust and InvestmentCorporation (Citic) last week tapped the market for US$5O million (5582.65 million) through a six-year loan. The deal is arranged by Commerzbank AG and co-underwritten by DBS Bank and Bank of Tokyo. The loan is being syndicated in Europe
        52 words
      • Article
        US bank sees '92 takings down
        112 9 LOS ANGELES First Interstate Bancorp said it expects revenues will decline 10 per cent in 1992 and that revenues and profitability could be hit by some divestitures this year and next. "Depending on the timing and structure of such transactions, such divestitures may have
        112 words
      • Article
        Sumitomo to aid Nippon revamp
        130 9 TOKYO Sumitomo Trust Banking Co Ltd will assist in the restructuring of debt-laden Japanese non-bank financial institution Nippon Mortgage Co Ltd from April I, a Sumitomo Trust spokesman said. Nippon Mortgage currently has debts of about 630 billion yen (SS7.B billion) and is behind in
        130 words
      • Article
        Banks in Saudi Aramco deal
        128 9 NEW YORK The securities unit of JP Morgan and Co on Monday published a list of banks that loaned US$2.9 billipn to Saudi Aramco, the first-ever borrowing by Saudi Arabia's state-run oil company. JP Morgan Securities Inc listed 21 banks, including Morgan Guaranty and Trust
        128 words
    • Article, Illustration
      Conflicting reports on status of Bangkok Bank share split
      324 9 BANGKOK The Stock Exchange of Thailand (SET) board ruled on Friday to let Bangkok Bank split its share par value from 100 baht (556.43) to 10 baht, The Bangkok Post reported on Monday. SET president Maruey Phadoongsidhi said the SET board
      324 words
  • Page 9 Advertisements
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      90 9 A GOOD BUSINESS DEAL 1 10 Reasons why you should book your clients at River View! The rate inclusive of: ■■■■■j 1 Newly renovated, superior accommodation Welcome Singapore Sling |^K1 E? Free use of fitness centre Wj Single: $138.00* O Free local calls SjLfe? Twin: $148.00* 0 W^&SSt 710% discount
      90 words
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      165 9 Located in the heart of Chermside Regional Business Centre. Q(|j££g hHfiMaaiaMa^M Dominant highway location and adjacent to Myer Regional Shopping Centre china v[j mmmmmm*m~ J m Lettable areas ,—AMONG KONG Australian Taxation u) Office Building 163,611ft 2 A NEW GUINEA Retail Annex 6,781ft 2 Oq SOl OMON IS "-s" r
      165 words
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  • THE REGION
    • NOTE BOOK
      • Article
        German trade officials to visit Vietnam
        105 10 COLOGNE German industry will send delegates to Vietnam for talks with its political and business leaders, including Prime Minister Vo Van Kiet, a committee of the Federal Association of German Industry (BDI) said on Monday. It added that the delegation would also examine trade
        105 words
      • Article
        Sarawak's M$4b trade surplus
        82 10 KUCHING Sarawak recorded a trade surplus of Ms4.B billion (Ss3 billion) in 1991, which was Msso million, or orte per cent, higher than the surplus registered in 1990. According to the Sarawak Statistics Department here, the state's total export revenue in 1991, which amounted to MS
        82 words
      • Article
        Jakarta warning on dumping
        51 10 JAKARTA The government has warned Chinese entrepreneurs not to dump products in Indonesia, according to press reports yesterday. The Suara Karya daily newspaper quoted Trade Minister Arifin Siregar as saying that Indonesia wanted to increase bilateral trade with China but would not tolerate an increase in
        51 words
      • Article
        More Tokyo aid for Cambodia
        81 10 TOKYO Japan will contribute US$27 million (5544.5 million) to aid the repatriation of Cambodian refugees, in addition to the US$25 million in aid it will provide this month for United Nations peacekeeping operations, Japanese government sources said on Monday. Together with the US$B million in
        81 words
      • Article
        Canberra hits out at US
        87 10 CANBERRA The United States is trying to solve its trade problems at Australia's expense, Treasurer John Ddwkins said yesterday. It was Mr Dawkins' strongest attack on the Washington-Tokyo deal that ensures Japanese car makers buy more US components. The deal threatens the Australian car component
        87 words
      • Article
        Club Med's expansion plans
        28 10 BANGKOK Club Med plans to invest in another two holiday facilities on Phuket and either Chiang Mai or Chiang Rai, said The Nation newspaper.
        28 words
    • Article
      Lock icon Viets seek Chinese help to overhaul steel industry
      346 10 AP BEIJING China and Vietnam are negotiating two projects to overhaul Vietnam's aging steel industry, an official report said yesterday. Vietnam's steel plants can meet only one-quarter of demand, and the government hopes to boost production with China's help. But final agreements
      AP  -  346 words
    • Article
      Lock icon Beijing boosting trade with Gulf states as Chinese firms rush to join trade shows
      469 10 AFP ABU DHABI China is seeking to boost trade with the Gulf states by competing with the oil-rich region's traditional commercial partners in Asia and the West. Scores of Chinese companies are rushing to participate in
      AFP  -  469 words
    • Article
      Lock icon China's tax changes seen to have limited effect on imports
      512 10 AFP BEIJING China's announcement that it will abolish one of its two kinds of import taxes constitutes only limited progress as far as opening its markets to foreign goods is concerned. Western analysts say. Although the full documents relating to
      AFP  -  512 words
    • Article
      Lock icon Manila rejects plan for toxic waste to fund incinerator project
      309 10 Reuter MANILA The Philippines will reject an Austrian company's proposal to ship toxic waste to the country to help finance a US$3OO million (***** million) incinerator project, the Environment Secretary said on Monday. "I have received more than 20 proposals
      Reuter  -  309 words
    • Article
      Lock icon HK may be the flashpoint in Sino-US ties
      355 10 UPI HONGKONG Expanding support from the United States for Hongkong could be a "two-edged sword" endangering Washington's relations with Beijing, a US-China relations expert warned yesterday. "As US activity in Hongkong grows, Hongkong could become a flashpoint in USChincse relations," said Ms
      UPI  -  355 words
    • Article, Illustration
      Contesting party
      50 10 BANGKOK Scarecrows, symbol or one of the 12 parties taking part in Thailand's general elections, to be held on Sunday, stand at a busy road junction in the city. The forthcoming election was scheduled about one year after the coup in February 1991 which overthrew the elected government.
      50 words
    • Article
      Bangkok expects 5.5b baht Budget surplus this year
      413 10 BANGKOK The Thai Finance Ministry has predicted a Budget surplus of 5.5 billion baht (***** million) for the current fiscal year in anticipation of a quick economic rebound, The Nation reported. The paper quoted Suphachai Phisitvanich, deputy permanent secretary of the ministry,
      413 words
  • Page 10 Advertisements
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      333 10 I Scenes^ "Singapore Scenes", a special career feature on 4 April '92, is <" an excellent opportunity for companies to extend their recruitment s overseas. I b This feature,>Vhich precedes the forthcoming Career Fair to be held in Australia and New Zealan(fcb£tweep>July\and August! will keep Singaporeans overseas and qualified foreigners
      333 words
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      20 10 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577
      20 words
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  • THE WORLD
    • Article
      Lock icon Manufacturers, builders in US more optimistic
      497 11 But overall sentiment still well below '90 level, surveys show UPI NEW YORK America's manufacturing and construction companies are more optimistic about business conditions in the coming months, two surveys by Dun and Bradstreet Corp (DB) revealed on Monday. DB, a provider of business
      UPI  -  497 words
    • Article
      Lock icon Small manufacturers look to better times this year
      442 11 Reuter WASHINGTON A group of small manufacturers said on Monday they were looking forward to a better year, but that they were mad at Congress for worrying too much about politics while ignoring the problems of small business. Speaking at a news
      Reuter  -  442 words
    • Article
      Lock icon Faster growth likely in Japan
      418 11 But better fourth quarter results does not mean slowdown is over Reuter TOKYO Japan's economic growth is likely to have accclcratcd in the quarter from Octobcr to December 1991 compared to the crawling pace of the previous period, but that docs not mean the economic
      Reuter  -  418 words
    • Article
      Lock icon UK economists cool to Labour's alternative budget
      388 11 Reuter LONDON United Kingdom economists reacted cautiously to the alternative budget presented by Labour economic spokesman John Smith, in which he announced a new top rate 50 per cent tax band and a 1.1 billion (553.14 billion) package designed to help the economy
      Reuter  -  388 words
    • Article, Illustration
      Lock icon Germany and Italy concerned over EC Budget plan
      310 11 FT BRUSSELS Finance ministers from Italy and Germany on Monday voiced their deep concerns about Mr Jacques Delors' five-year European Community Budget plan. Mr Theo Waigel, the German Finance Minister, told the European Commission president and his EC colleagues that the Budget
      FT  -  310 words
    • WORLD WATCH
      • Article
        Bonn disputes US theor on Germany as N-threat
        94 11 BONN Disputing a reported Pentagon theory that Germa* ny could become a nuclear threat. Chancellor Helmut Kohl's government said on Monday it has no intention of acquiring such weaponry. The statement followed a report by Der Spiegel magazine that Mr Kohl's government
        94 words
      • Article
        Record bankruptcy debts likely
        90 11 TOKYO Debts arising from Japanese corporate bankt ruptcies are likely to total a record 8.05 trillion yen. (5599.82 billion) for the year ending March 31, more than double the 3.28 trillion yen seen in 1990/91, said a report by the Tokyo Commerce and Industry Research Co.
        90 words
      • Article
        Guangdong exports at US$13b
        94 11 HONGKONG Southern China's economic powerhouse' of Guangdong exported US$l3 billion (5521.4 billion)' worth of goods last year, more than one fifth of the total for the country, it was reported here yesterday. The semi-offi-cial Hong Kong China News Service, quoting statistics* recently released from Guangdong's foreign
        94 words
      • Article
        Stay out of politics, Hyundai told
        81 11 SEOUL South Korea's leading business associations yesterday urged the Hyundai business group to stay out of politics and stop supporting opposition candidates in next, week's parliamentary elections. In front-page newspaper ads, five major business organisations demanded that Hyundai stop its alleged funnelling of money
        81 words
      • Article
        Seoul plans US$1.2b exhibition
        91 11 SEOUL South Korea is spending an estimated US$l.2 billion (S$ 1.98 billion) on an international exhibition which the government hopes will become the country's science centre. The Taejon Expo '93, a three-month exhibition, will open on Aug 7, 1993, in Taejon, a provincial capital south of
        91 words
    • Article
      Lock icon Confusion over oil deal clouds Japanese investment in Russia
      342 11 Reuter TOKYO Conflicting signals from Moscow over the fate of a multi-billion-dollar oil exploration project may deter future large-scale Japanese investment in the former Soviet Union, industry sources said yesterday. In January, the Russian government awarded a contract to develop the
      Reuter  -  342 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      70 11 Saturday, 21 March 1992 Main Auditorium Singapore Polytechnic (Talk 0830 -1230 hours, Lunch 1300 hours) Jointly organised by: Department of Maritime Technology Transportation, Singapore Polytechnic Spec Tec Pte Ltd, Singapore Society of Naval Architects Marine Engineers, Singapore Guest-of-Honour MrTohHoTay Director (Fleet Management) Neptune Orient Lines Chairman Mr Charlie Foo Country
      70 words
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      Page 11 Advertisements Column 2
      179 11 FOR THE ASTUTE INVESTOR/DEVELOPER PATTERSON RIVER V\ j L Whalers Cove Marina MELBOURNE AUSTRALIA EXPRESSIONS OF INTEREST ARE REQUESTED FOR THE SALE OF THE WHOLE OR PART OR TO BE A JOINT VENTURE PARTNER IN DEVELOPMENT. I Located 35km to the South East of the Melbourne CBD (a growing 11.7
      179 words
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  • Article
    A weakly Nikkei
    465 12 EDITORIAL BLAME IT on the stars or just bad luck but Mondays have traditionally been a terrible day for global stockmarkets. Stockmarkets appear to share a fatal attraction for each other on the first day of the week, and technical analysts will no doubt have startling explanations
    465 words
  • WHAT THE OTHERS SAY
    • Article
      Snug comfort of reserves
      295 12 ONE of the ironies of the government's acknowledged fiscal prudence is that instead of being praised for its regular budget surpluses and burgeoning reserves, it is chastised sometimes for being too tight-fisted on spending. International standards suggest that enough reserves mean having enough to ljuy three
      295 words
    • Article
      Trouble spots
      109 12 THE republics of the former Soviet Union that make up the Commonwealth of Independent States seem unable to settle the growing conflict over disputed areas or borders such as Nagorno-Kara-bakh. Hence, the problems with Central Asia are now being passed to the international community and the United Nations.
      109 words
    • Article
      Developing Pulau Ubin
      110 12 THE Nature Society of Singapore's concern about the government's development plan for Pulau Übin is not without reason. It will be a pity if the island loses its natural environment because of urbanisation. On the other hand, any development plan we have must be based on the
      110 words
  • REGIONAL VIEWPOINTS
    • Article
      Myanmar's problems
      148 12 AS far as most of the world is concerned, it seems that the problem of refugees fleeing Myanmar began in January, around the time the international news media began reporting the plight of the hundreds of thousands of Myanmarese Muslims, Rohingya, felling into Bangladesh. The Rohingya refugees, who
      148 words
    • Article
      More powers
      177 12 ANYONE reading last week's ombudsman's report into the events surrounding the closure of the Bank of Credit and Commerce (HK) should immediately be drawn to two conclusions; he is right to press for his office to be given more powers; and the need for an independent inquiry into
      177 words
    • Article
      An opportunity wasted
      184 12 MEMBERS of the Malaysian Bar squandered the chance to get rid of past debris at its 46th annual general meeting. They are bent on continuing the Bar-Lord President feud. The meeting could have allowed an old, purposeless situs to yield to a new order, but the Bar
      184 words
  • Article
    Success in conservatism
    1353 12  -  Caution is a word which has seen Hongkong's Wing Lung Bank through when others failed. Catherine Ong reports from the British colony Catherine Ong IT IS no accident that Hongkong's Wing Lung Bank has survived while many similar outfits have gone to the wall in the past
    1,353 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      53 12 This announcement appears as a matter of record only I ARCO Chemical Company I I through its Asian subsidiaries I I and affiliates I I has selected I I CITIBANK, N.A. I I to provide I I ASIAN CASH MANAGEMENT I I and I I CREDIT FACILITIES I I CITIBAN<&
      53 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      50 12 POONESBURY BY GARRY TRUDEAU only scalb, ray. actmu.ivs cant SAY HI mHcn&z thing \GernN6l but th&b arzoihes. mMfi] wo bad about rveß&N nah really? H vrrKam FonteX paid, I roajarps, uhzeer- buchamn/fhe fououmn6 h&a rrscooL H T&JuZJ»- C-'N-C, IRJ6HT, I VN6TOTAKB OUT WBSSgg HAM &&ISUCH HIM.THINK RACIST. YOUCAN6&T Av*mN6,i rpute
      50 words
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  • ANALYSIS
    • Article
      Lock icon An impact both psychological and real
      1064 13  -  The Nikkei's drop to below the 20,000 level will only serve to exacerbate an already weak Japanese economy, writes Steven Brull Steven Brull IHT MANY Japanese business and political leaders fear the country is snared in a vicious cycle in which sagging stock prices
      IHT  -  1,064 words
    • Article, Illustration
      Chinese ambitions in Asia
      1760 13  -  A recent conference on Asia-Pacific defence focused on the power vacuum caused by the US withdrawal from the Philippines and the role regional powers like China, Japan and India might play in •future. Salil Tripathi analyses the changes in the power equations Salil Tripathi THE end
      1,760 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      156 13 OVERSEAS COLLEGE SINGAPORE A Canadian education is now available in Singapore at Canadian Overseas College. The School, which is fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to secondary school students from Grade 9 to the Grade
      156 words
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  • THE LAW PAGE
    • Article, Illustration
      A remarkably simple new tome on litigation
      649 14  -  Selva Kumar looks at a recent publication by an NUS sub-dean Selva Kumar LAW STUDENTS in Singapore and Malaysia can now use one law book covering all aspects of the litigation process, including the difficult subject of ethical considerations in conducting a trial.
      649 words
    • Article
      Novel issues concerning the Moneylenders Act
      607 14 CASE t LORRAIN ESME OSMAN V ELDERS FINANCE ASIA LTD Court of Appeal of the Republic of Singapore, Civil Appeal No 117 of 1988. Justices Chan Sek Keong, Goh Joon Seng and M Rarthigesu. THE APPELLANT, Lorrain Osman, was a prominent Malaysian businessman. In
      607 words
    • Article
      A fight to avoid financial disaster
      363 14 GOODRICH DEVELOPMENT PRIVATE LIMITED AND OTHERS V HABIB BANK LIMITED High Court of the Republic of Singapore, Suit No 3649 of 1983 and Suit No 2046 of 1987. Judicial Commissioner Lai Siu Chiu. THIS CASE epitomises the dangers involved in going along with a
      363 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      36 14 I "I Naturally, we're the most frequent visitor to Queens land. For bookings and enquiries, please call Qantas on 737 3744. Or your travel agent. W E Q O FURTHER j| k U i m 4
      36 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      241 15 Make the house face instead of west, moving the fewest matches possible. Five years from now, will you be able to change your communications architecture as easily? Despite what some companies may tell yon, the future direction of communications technology is practically impossible to predict. But whether you re a
      241 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Korean shuttlers lose to England
        97 16 SHEFFIELD, England Bang Soo Hyun, who held two match points in the All-England final at Wembley on Saturday, found the same fate awaiting her here on Monday, as a below-strength Korean side lost 4-1 to England. Bang and her Partner Park Soo Yun led 14-11
        97 words
      • Article
        Liu's great leap
        65 16 LONDON Liu Jun of China leaped 13 places to second overall in the World Grand Prix badminton standings issued on Monday after his surprise victory in the All-England championships. Liu, who beat compatriot and world champion Zhao Jianhua 15-13 15-13 in Saturday's final to become only the
        65 words
      • Article
        Barbados issues warning
        76 16 BRIDGETOWN, Barbados Prime Minister Erskine Sandiford has warned that if South Africa does not approve a referendum on political reform, this Caribbean country will consider banning sporting contacts with Pretoria. South Africans voted yesterday on the crucial motion. "If there's any reversal of the process and the
        76 words
      • Article
        Same heroic team
        79 16 PARIS The French musketeers Henri Leconte and Guy Forget under the captaincy of Yannick Noah take to the courts again to defend their Davis Cup crown against Switzerland at Nimes on March 27. The French tennis federation announced the team for the world group quarter-finals on Monday.
        79 words
      • Article
        Brazil names same team
        77 16 RIO DE JANEIRO Davis Cup underdog Brazil, which sensationally ousted Germany in January, named an unchanged team on Monday for its world group quarter-final tie against Italy this month. Non-playing captain Paulo Cleto, who called up Jaime Oncins, Luiz Mattar, Fernando Roese and Cassio Motta, hopes
        77 words
      • Article
        Norris looks forward to bout
        114 16 NEW YORK Terry Norris put the legendary Sugar Ray Leonard into retirement a year ago, but he regards his May 9 title defence against Meldrick Taylor as the biggest fight of his career. "To win this fight would give Terry Norris everything, it would push
        114 words
    • Article, Illustration
      Lock icon Vocal fans breaching golfs code of etiquette
      548 16 AP FORT LAUDERDALE, Florida Everybody likes Freddie Couples. Couples, the easy-going guy called "Boom Boom" by his buddies and rapidly rising to the front rank of golfs great players, is everybody's favourite. Sometimes to the detriment of his opponents on the PGA Tour.
      AP  -  548 words
    • Article
      Lock icon And the horses will race on Sundays too
      313 16 AFP LONDON Sunday horse racing is to make its debut in Britain in July. The Jockey Club gave the go-ahead on Monday for trial meetings at Doncaster on July 26 and Cheltenham on Nov 15 in a bid to force a change
      AFP  -  313 words
    • Article
      Lock icon Chinese players start to tackle rugby
      222 16 AFP GUANGZHOU Rugby is in its infancy in China, but the pioneers of the game behind the bamboo curtain are predicting a bright future following a first taste of international competition here. It ended in heavy defeat for a team from the Beijing Agricultural
      AFP  -  222 words
    • Article, Illustration
      Lock icon Sluggish Edberg upset by American qualifier
      581 17 Reuter KEY BISCAYNE, Florida A tentative and sluggish Stefan Edberg, seeded second, suffered a shocking 6-3 3-6 6-4 defeat at the hands of qualifier Robbie Weiss, ranked 289 th in the world, at the US$2.B million Lipton International Players Championships on Monday. Jimmy Connors,
      Reuter  -  581 words
    • Article
      Lock icon ITF looks at ways to curb power tennis
      285 17 AP LONDON The International Tennis Federation said on Monday it is examining ways to reduce the dominance of the big serve, including raising the net and limiting the power of rackets. The ITFs rules committee said it had ruled out changing the
      AP  -  285 words
    • Article
      Lock icon Official raises prospect of S African expulsion
      526 17 Cricket: World Cup AFP WELLINGTON Organisers of the cricket World Cup were to hold talks yesterday as New Zealand cricket chairman Peter McDermott raised the prospect of South Africa's expulsion from the tournament if a referendum on dismantling apartheid in that country were
      AFP  -  526 words
    • Article
      Lock icon Whitney racing to be fit for match
      268 17 AP MELBOURNE Australian left-arm pace bowler Michael Whitney is racing against time to be fit for today's crucial World Cup cricket match against the West Indies at the Melbourne Cricket Ground. Whitney has a neck injury and will have to undergo a pre-match
      AP  -  268 words
  • Page 16 Advertisements
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      155 16 mm J f I w ijms i. W I* i'" v Hi V»i £3,57 HH ib9^S P^HBH v.■i I in needs constant refining. Although we pride ourselves on our old world grandeur, we do realise that for some things in life, time does not stand still. Like the decor of
      155 words
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      Page 16 Advertisements Column 2
      661 16 GOLD COIN LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the office of Acma Ltd in The Conference Room, 17 Jurong Port Road, Singapore 2261 at 9.00 a.m. on April
      661 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      176 17 J -ft -'S masters 1992 <T t •w"* >: 'w^/ > -V tjs|& .-> 2&A f v iik v _A"^^^Bl h <g&Tjg^m& This week is an occasion of particular interest. The oppor- place in this most prestigious local tournament. tunity to walk the fairways and read the greens with some
      176 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1177 18 Nothing Beats A Bud. where to wine, dine OF A Go Fbr Gift Certificates Gift certificates from King's Hotel are in handy $50 and $100 denominations. Ideal for all occasions, they can be used for rooms and at all F&B outlets. Corporate purchases of $500 or more entitles you to
      1,177 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      520 18 TELEVISION AND RADIO -a •/> 1 9.30 WgMigMs from Parflamont. 1.00 Htm* (M). l 1 t nlnnr mp npsmtitiil N ,,,M, BU9NE9SOWRAW0 V&JL V"l~* 7.30 AMCMM(L). dence surfaces as the noose 0.40 Sytar Ramadan (M). BBC, 85.9 mNz in VHF Band i-3# data. tightens round the murderer's 7.00 CMN. 7.10
      520 words
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  • LIFESTYLE
    • Article, Illustration
      Festival of rare treats
      1066 19  -  The Singapore International Film Festival is offering a good selection of major movies from up-and-coming film directors, reports Claire Leow Claire Leow NO CELEBRITIES will grace this year's film fest. Obscure cinema venues ("Where is Jubilee?" protested one irate movie-goer). Emphasis on Asian films, documentaries and
      1,066 words
    • Article
      The Festival Fringe
      510 19 Australia has bred many fine film-mak-ers, the most notable being Peter Weir who made a great impact in Hollywood with hits such as Dead Poets' Society. The festival will honour a critically-acclaimed and controversial film-maker, Dennis O'Rourke, who specialises in documentaries and docu-dra-mas. He won the 1986
      510 words
    • Article
      What's on where
      526 19 Apr 16 (Thii) 900pm: Raise the Red Lantern (China), Capitol Apr 17 (Fri) 1.30pm: Mama (China), Odeon Katong 4.00pm: Tetsuo 2 (Japan), Odeon Katong 6.30pm: Stein (Germany), Jubilee Clear Cut (Canada), Yangtse 900pm: Real Story of Pacita M (Phihppines), Jubilee Riff Raff (UK), Yangtse Apr 18 (Sat)
      526 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      146 19 AND ENTERTAIN I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. "Vfa&iW) I Park View Singapore I For
      146 words
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      Page 19 Advertisements Column 2
      128 19 —M —l Japanese Restaurant fmm Mftf fawn Ottilt/ w (Include* Qotkini anJlentpura) A delightful and sumptuous spread of Japanese dishes awaits your gastronomical pleasures. Included in our extensive selection are shrimps and vegetables tempura, sashimi, maki sushi, sukiyaki, teriyaki beef, teriyaki chicken, fried fish, oden, Japanese siew mai, agedashi tofu,
      128 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks slip marginally on low volume
      4100 20  -  Investors hold back to await clearer overseas leads By William Chia SHARE PRICES on the Singapore stock market slipped marginally on low volume yesterday, as cautious investors stayed on the sidelines in the absence of fresh factors. Singapore's main market indicator, the Straits Times
      4,100 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2975 21 Asia Pacific I (WO +20 -t-19% Semb Maritime 360 >20 +5.9% Roth Inds 50* 650 +15 +2 4% First Capital 192 +12 +6.7% Jurong Ship 50« 975 +10 +1.0% OCBC Foreign 1170 +10 +0.9% City Dev 50« 380 t-8 2.2% Amcol 25* 245 +6 +2.5%
    2,975 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      138 21 I. Shine) YOUR KEY 10 BUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771 or on Teleview, which incidentally is the most advanced and company news. TonyChiaon 40 1033. videotext system in
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3176 22 PMRI 50* 164 4 2.5% Magnum Corp 50* 368 +2 +0.5% PMC 50« 161 +2 +1.3% Sel Dredg 50* 49 +|Vi +3.2% Beijaya Group 75 +V? +0.7% Beijaya Ind 66Vi +v, fO.8% TDM 64V 2 Vj +0.8% Scl Drtdg 50* 49 3 2% IVi PMRI
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      57 22 IF YOU'VE GOT TELEVIEW FOR KNOCKOUT INFORMATION ON SINGAPORE PRESS HOLDINGS' INFORICH DATABASE Local Financial News I A Stocks Shares Food, Entertainment Shopping k j Hducation J I 911 Travel Vacation Planning —J HI Fashion Beauty BlHMWHSffllffWyilSHffßnflßlTM Sports Health Singapore Press Holdings Electronic Publishing Division And LotS more! 82 Genting
      57 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market trims losses on selective buying
      5128 23 Bernama LIGHT buying support for selected quality stocks helped share prices trim losses at the close yesterday. Gains in some major component stocks pushed the Kuala Lumpur Stock Exchange Composite Index up 2.75 points to close at 594.49. The Industrial Index rose 2.11 points
      Bernama  -  5,128 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      887 24 MM Last Fal Taar Farecast Ml M MM EPS matt tar EPS Gran praM taag* tafi Mm MM Up MM (ch) (TIM) (SM) (cte) Spratmt F Mar 12 Ok 91 126 100 44.641(f) 35 2-43 7 133—165 MC F Mar 12 Dec 91 2.3 7,0411 (75)—(294) (0 7)—(2.9)
      887 words
    • Article
      DIVIDENDS ANNOUNCED
      794 24 Carraat fx teaks Date Tatel hr Tatel «w paymaat Mi dm pajabti tea yaar last yaar Altai Fwd USlOc(b) Mar 10 Mar 20 Mar 30 US10C US10C A«am 20c 12 5%TE Mar 3 Mar 13 May 15 175*TE 125*TE BAT 21c 1048% Apr 9 Apr 22 Apr 30
      794 words
    • Article
      AUDITED RESULTS
      103 24 C— Pf Date Ymt Gtm» Net untap firw •m to prvflt/loM (L) per store *»!<■■< COOO) (cwrts) Van der Hoot Mar 5 Sep 91 82,739(82.451) 4.7(4.2) 1(1) Pacific Can Mar 4 Sep 91 8106(81.4501) 0 2( Cerebos Feb 13 Sep 91 845,6231(838.911) 148(128) 236TE(30TE) Kl Kepong Feb 13
      103 words
    • Article
      PRELIMINARY RESULTS
      427 24 Cawp—y Otto Ymr Croap prt-toi Net Mratags Cross mi to prvfli/tots (L) pur start ('000) (CMto) Crty Dev Mar 13 Dec 91 $100,323(185.064) 101(8 7) 15(15) H Nepra Mar 13 Ok 91 81.894(81.766) 10(7.3) 1(10) IntRofcr Mar 13 0k 91 82.032($2 668) 7(9) 6TE(10TE) Lcn Hot Mar 13
      427 words
    • Article
      OTHER RESULTS DUE
      1000 24 fekM Urt M Ymt taM Nji tar EFS 6rm M M jnt (smt) OB Final Nov 6 Jul 91 30TE 17.87ft. Mm Final Mar 12 Dec 91 69.9 25.0 26.196 fiUJb Final Mar 14 Dec 91 75.6 20 0 36.724 Mn Fm Final Mar 15 Dec 91
      1,000 words
    • Article
      SCRIPLESS CONVERSION
      66 24 CoamsiM Special Trig Scripte* Cwwrito 4mMImt Period Traiiat Company starts (I DP) (ST) Marts Centrtpoint Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hnp Apr I Apr 23 Apr 10 Apr 23
      66 words
    • Article
      COMPANY MEETINGS
      100 24 C«reto« Pacific Ltd: 10th AGM at the Singapore Room, sth Floor, Hilton Hotel, 581 Orchard Road. Singapore 0923, on Wednesday, Mar 18, at 12 noon Scmbawang Shipyard; EGM at the Registered Office. Admiralty Road East Singapore 2775, on Wednesday, 18 March, at 9.30 am The Sungai Bes Mnts
      100 words
    • Article
      RECORD HIGHS & LOWS
      141 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 (i(h: 1316.68 (21/2/92) 1545.92 (27/1/92) 1992 IT 1232.84 (2/1/92) 1*»*5 (9/3/92) 1991 htft 1333 08 3/6/91) 1JJ1 1545.58 (3/6/91) 1991 Int 1022.52 (16/1/91) 1W1 *****8 (16/1/91) 1990 1435.43 (16/7/90) l 1607 12 1990 low; 981 07 (09/11/90) 1»0 Imt 1079.50
      141 words
    • Article
      APPROVED ISSUES
      260 24 Company Rights Issue OX Consokdabon of every tour shares of HKSO 25 nto one share of HKJ100 normal amount lights issue of fme-tor-afM MO 36 per start before consokdabon Ei-dale Mar 26 Books dose Mar 26 Acceptance i Payment NYA MC8 Hdp One-tor ten MSI 10 per share
      260 words
    • Article
      INTERIM RESULTS
      303 24 Cnwmt Date HaH ywr Creap prt-tex Maria aaa to praflt/lass (L) dhrtowd CiOO) Boustead Mar 11 Dec 91 M$27.134($17.900) 7 5(5) Hume M Mar 10 Dk 91 MJ46.302 (S31.364) 5(5) H Leong Ind Mar 10 Dec 91 M$57.038($43.888) 6(G) First Capital Mar 6 Dec 91 S3.937(S170L) FN Ins
      303 words
    • Article
      CORPORATE DEVELOPMENTS
      170 24 Mar 16 The Stock Exchange of Singapore has granted interna bona! membership to Nomura Singapore, Nikko Merchant Bank (Singapore) Ltd, Baring Securities (S) Pte Ltd, Credit Lyonnais Securities Singapore Pte Ltd, Daiwa Singapore Pte Ltd, Smith New Court Securities Pte Ltd and Yamaichi Merchant Bank (Singapore) Ltd. International
      170 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      727 24 Trias Registered Svbstantial Bay/ Na. af Amaant SfcarafcaWlag Stock Date NaMar SharehoMar/Diractor Sail «hara« Bafore After St Tyres 13/03/92 Wee Kok Wah Wee Kok Wah B 142.000 78.100 15,624.090 32 55 15.766.090 32 85 SPC 12/03/92 CDP-OBS Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd *S 6.000 17.139
      727 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      356 24 In local can- In SS la L'S$ dy yr S d> S yr rfy yr Mar 18 Index chge chge chge chge chge cfagt World 390.7 -0.5 -4.3 -1.0 -6.1 -0.7 -*.5 *EAFE 473.1 -0.9 -5.8 -1.3 -10.0 -1.0-12.4 Europe 429.3 -0.4 4.4 -0.6 -1.7
      356 words
    • Article
      PROPOSED ISSUES
      591 24 Company Rights Issue W—t T«di One-tor-one $100 per stare Btdtard Issue of $175 lm normal amount of 55% Bank Guaranteed Bonds 1992/97 with detachable transfer able sutecrpUxi r«hts (TSR) on the tesrs of one TSR tor every tour ordinary shares <& MJO 195 tor each TSR Boftor issue
      591 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Gains in property, finance stocks give index a boost
      2210 25 INVESTORS were sidelined yesterday by political uncertainties revolving around Sunday's general election but rises of major property firms and finance issues helped boost the index up, brokers said. The SET index ended 3.47 points higher at 795.76 on a turnover of
      2,210 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Stocks end lower on selling pressure
      1235 25 PRESSURE continued to drag down prices of Jakarta stocks yesterday, prompting a 3.36 point drop in the official index to 277.25. Brokers said trading was very active, with turnover jumping to 8.17 million shares from Monday's 5.90 million. Gudang Garam fell back '•to 4,400
      1,235 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      7 25 Plan your career in the Every Wednesday
      7 words
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      Page 25 Advertisements Column 2
      61 25 QUALITY RECRUITMENT use lie Appointments pages TEARJERKER fester She's China's Little Raindrop the girl whose sad life in the TV serial Six Dreams made a thousand tears flow. In real life, however, 11-year-old Jin Ming is a down-to-earth child. She talks about her poor mother and her "pretty dresses". Today
      61 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Nikkei rises but sentiment still shaky
      2644 26 THE NIKKEI AVERAGE enjoyed a moderate bounce yesterday after Monday's dizzying drop below 20,000, but the broader stock market remained soft. Program buying and the firmer yen propped up the Nikkei, but brokers said sentiment was still shaky with more people looking down than
      2,644 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market ends lower in thin trade
      2635 26 Reuter HONGKONG STOCKS closed lower in stagnant trade yesterday with no immediate signs of the market perking up, brokers said. "There's really very little happening We'll go on moving sideways," said Andrew Dalrymple, sales director at James Capel (Far East) Ltd, adding there had
      Reuter  -  2,635 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Shares end lower despite positive GDP data
      2263 27 Reuter VOLATILITY in Japan continued to cause nervousness on the Australian share market which closed weaker yesterday despite the release of positive economic data. Local stocks were sharply weaker after Tokyo's Nikkei index sank to a five-year low on Monday but were bolstered
      Reuter  -  2,263 words
  • REGIONAL STOCK MARKETS
    • Taipei stocks fall sharply on political tensions
      • Article
        TAIPEI
        544 27 DOMESTIC political tensions and the weakness of the Tokyo stock market pushed Taiwan shares sharply lower across the board yesterday, brokers said. The weighted index closed 122.64 points or 2.5 per cent lower at 4,890.32 after a wave of late selling. At one stage the index was down nearly
        544 words
      • Article
        SEOUL
        895 27 SEOUL STOCKS stayed in positive territory throughout the day yesterday as the government intervened to boost the lagging market, brokers said. The index rose sharply yesterday on the news that the government would be providing loans to small and mediumsized companies, an analyst at Hyundai Securities said. The composite
        895 words
      • Article
        MANILA
        533 27 MANILA'S stock market fell further yesterday on an overhang of concern about Philippine National Bank's (PNB) additional share offering, brokers said. The Manila Stock Exchange composite index closed 23.60 points lower at 1,083.01. "It's the uncertainty about the price to be set for PNB's offering that's now worrying the
        533 words
      • Article
        BOMBAY
        90 27 BOMBAY Stock Exchange (BSE) share prices finished mixed on Monday after an early rally triggered scattered profittaking, brokers said. The BSE Index slumped from the day's high of 3,385.99 to 3,250.20, down 9.16 points from Friday's close. The National Index, representing a broader selection of shares, finished 12.64 points
        90 words
      • Article
        Untitled
        154 27 New Zealand Mar 17 NZ Cents VolCOO) ANZ Banking 532 8 64 Bank Of NZ 62 -1 1125 Baycorp 17 unch 160 Brieriey Inv 98 -2 ***** Carter Holt 228 1 5283 Cavalier 282 3 61 Ceramco 260 10 513 Cityrealties 25 unch 40 Corp Inv 49 6 6881 Cultus
        154 words
      • Article
        INDICES & TURNOVER
        50 27 INDICES TURNOVER CIMC ftlllWi Mar 18 NEW ZEALAND NZSE-40 Capital 1.454.45 1.458.18 -3.73 MANILA Composite Index 1.083.01 1.106.61 -23.60 Turnover (million) 371.0 655.8 -284.8 TAIPEI Weighted Price Index 4,890.32 5,012.96 -122.64 Turnover (NTS billion) 29.30 26.45 2.85 SEOUL Composite Stock Index 615.19 608.36 +6.83 Turnover (billion won) 209.8 171.2 38.6
        50 words
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  • WORLD STOCK MARKETS
    • Late buying helps Wall Street recoup losses
      • Article, Illustration
        NEW YORK
        1235 28 STOCKS closed narrowly mixed in New York on Monday in the slowest session of the year after recovering from an earlier sell-off tied to investor concern over the Tokyo market's plunge to a five-year low. Analysts said a late flurry of comput-er-guided buy programs helped the market bounce
        1,235 words
      • Article, Illustration
        LONDON
        846 28 SHARE PRICES fell further on the London Stock Exchange on a nervous market on Monday, as traders stayed away, waiting for key economic indicators to be released later this week. The FTSE 100 Index closed at 2,470.7, down 5.3 points from Friday's close. The FT-30 Index fell 4.9 points
        846 words
      • Article
        Untitled
        401 28 Other markets in Europe, South Africa and Canada Johannesburg Mar 16 Rand INDUSTRIALS A Alpha 4100 AECI 965 10 AMIC 8100 unavail Abercom 125 Amaprop 700 unch BAZ 1300 Barlows 5560 60 Basil Strk 20 Blyvoor 600 CG Smith ***** unch Cnagalo 2725 Curfin 725 Edgars 5500 400 Fed Volk
        401 words
      • Article
        PARIS
        239 28 THE PARIS BOURSE was weak on Monday, primarily in reaction to upward tensions on interest rates, operators said. The CAC-40 stock price index was off by a hefty 0.57 per cent at the Monday opening, and stood at 1,929.22 points at the close, down by 0.92 per cent in
        239 words
      • Article
        FRANKFURT
        361 28 GERMAN SHARES on Monday followed the weaker trend on other European exchanges and dipped to their lowest close in nearly three weeks as the recent consolidation from the 19-month highs of early March took a firm grip. But after the Tokyo market's 3 per cent drop overnight set the
        361 words
      • Article
        MILAN
        148 28 THE MILAN stock market lost another one per cent on Monday, as the MIB index ended the session at 995 points. Operators said the market had been deserted by big investors and foreign buyers, worried about Italian uncertain- ties in advance of elections to be held on April 5.
        148 words
      • Article
        TORONTO
        297 28 WEAKNESS in world markets combined with foreign selling of the Canadian dollar and Canadian bonds combined to chop nearly one per cent from Toronto stocks on Monday, dealers said. Weak gold futures pressured gold stocks. The most active April contract closed just off a contract low. The TSE 300
        297 words
      • Article
        BRUSSELS
        230 28 BELGIAN SHARES ended mixed to lower in quiet trade on Monday, following declines on other European stock markets. Dealers said investors were staying out of the market amid concern about sustained high interest rates in Germany, which is closely tracked by Belgium, and the feeling that selected blue chips
        230 words
      • Article
        ZURICH
        360 28 SWISS SHARES ended a quiet session easier but above lows on Monday after bargain hunting replaced profit taking that had lowered prices early in the session. Volume was moderate. Slightly lower money market rates were not enough to lure hesitant investors back to a market worried by weak performances
        360 words
      • Article
        AMSTERDAM
        111 28 AMSTERDAM shares ended lower in thin business on Monday as nerves about the impact of Tokyo's record low close gradually gripped investors. The EOE index closed 1.19 points down at 302.81 after a brief recovery from earlier lows failed to hold. "Everyone's getting very careful," said trader Andre Willemsen
        111 words
      • Article
        INDICES & TURNOVER
        73 28 INDICES TURNOVER NEW YORK (lose Previous Mar 16 Dow Jones SAP 500 Turnover (million) 3,236.36 3.235.91 406.39 405.84 155.9 177.9 +0.45 +0.55 -22.0 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.930.9 2,470.7 363.5 1.935.8 2,476.0 553.2 -4.9 -5.3 -189.7 FRANKFURT DAX Index 1,724.80 1,732.64 -7.84 AMSTERDAM EOE Index 302.81
        73 words
  • Page 28 Advertisements
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      23 28 The Johannesburg and Stockholm reports were not available Innovation Technology in Business Times every Tuesday Personal Finance Investment in BT every I Saturday
      23 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ firms against yen, steady against mark in late Asian trade
      1187 29 REPORTS ASIA THE US dollar firmed against the yen on short-covering, but barely moved against the mark in late Asian trade after falling sharply earlier, dealers said. "The stop-loss selling is done now and dealers are waiting on the
      1,187 words
    • Article
      INTERBANK FOREX RATES
      375 29 Cross rates Man? USS SS MS Dm Yen SFr AS NZS USS 1.6600 2.5760 1.6540 133.80 0.5787 1.5000 1.3228 1.8282 SS 0.6024 1.5518 0 9064 80.6024 0.348O 0.9036 0.7968 1.1013 MS 0.3882 0.64 0.6421 51.9410 0.2247 0.5823 0.5135 0.7097 Dm 0.6046 1.0036 1.5574 80.89 0.3499 0.9069 0.7997
      375 words
    • Article
      MONEY MARKET
      543 29 Interbank rates SS Bid Offer Overnight 3 1/4 3 3/8 I -month 3 5/16 3 7/16 2-month 3 3/8 3 1/2 3-month 3 7/16 3 9/16 Overnight mode: 3-5/16 US$ Bid Offer 7 days 4 1/8 4 1/4 1 month 4 3/8 4 1/2 2 months 4 3/8
      543 words
    • Article
      Lock icon Germany in no position to cut rates soon: bankers
      386 29 IHT FRANKFURT Several leading German financial figures warned on Monday that the Bundesbank was unlikely to be able to lower interest rates any time soon, signalling support for rate levels that have been widely attacked abroad. "In view of the current
      IHT  -  386 words
    • Article
      Lock icon Sour crude volume disappoints Nymex
      286 29 Reuter NEW YORK New York Mercantile Exchange (Nymex) president Patrick Thompson said he was disappointed with the slack performance of the exchange's new sour crude oil futures contract. "We hadn't expected a major surge but had hoped to see 500 to 1,000 contracts a day
      Reuter  -  286 words
    • Article
      FINANCIAL FUTURES
      1056 29 SljjEX Eiwoooujm Open High Low Sett Est Vol Act/Vol Op/Int Jun 92 95.13 95. J 7 95.14 95.16 7500 ***** ***** Sep 92 94.67 94.69 94.66 94.68 3000 4742 9251 Dec 92 93.94 93.94 93.92 93.93 1300 2239 6276 Mar 93 93.65 93.64 93.62 93.63 350 1099 3550
      1,056 words
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  • COMMODITIES
    • Article
      Lock icon Strikes compound Caribbean sugar industry woes
      433 30 FT LONDON A wave of industrial unrest in the Caribbean sugar industry has compounded earlier problems caused by falling production and changes in important markets. Exporters are having difficulty in retaining traditional markets and no new ones are available; some export quotas have been
      FT  -  433 words
    • Article
      Lock icon Kangaroo Nugget is world's best-selling gold bullion coin
      283 30 Reuter PERTH Australia's Kangaroo Nugget has become the world's best-selling gold bullion coin, nudging out Canada's Maple Leaf, GoldCorp Australia Ltd said. GoldCorp, which mints and markets the Australian coin, said the Kangaroo boosted its share of the world market to 35
      Reuter  -  283 words
    • Article
      KL tin price up 3 sen on better overseas demand
      816 30 REPORTS THE price of tin rebounded to close three sen higher at MS 14.11 a kg on the Kuala Lumpur Tin Market yesterday on better buying demand from overseas. Dealers said renewed buying interest from European, Japanese and local buyers
      816 words
  • Article
    PRICES
    1384 30 Rubber Mar 17 l.'Mi.-n-'.mi mxsm Noon Close Int 1 RSS Prompt I37.75/I38.75N 137.25/138.2 5N Int 1 RSS Apr 92 137.75/138.25 137.25/137.75 Int 1 RSS May 138.50/139.00 138.00/138.50 Int 2 RSS OP 136 00/137.00N 135.50/136.50N Int 3 RSS OP 135.50/136.50N 135.00/136.00N Int 4 RSS OP I33.50/134.50N 133.00/134 OON Int 5
    1,384 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      695 30 BUSINESS TIMES Toll free Tel No 737 0043 "Fax No: 734 3698 ADVERTISEMENT FOR CREDITORS In Mm matter of High Street Commercial Training Centre (Pte) Ltd (In Members' Voluntary Liquidation) and In the matter of the Companies Act, Cap. 54. Notice Is hereby given that the creditors of the abovenamed
      695 words
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      Page 30 Advertisements Column 2
      6 30 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1291 31 CKy Flight ETA FHght ETD City Flight ETA Flight ETD Ma Dkahi GA895 1520 SQ105 1050 MH670 0 950 AMaMa QF81 2010 SQ227 QF82 2115 MH642 SQ107 1220 1305 SQ106 SQ108 045 145 2115 SQ109 1405 MH64I 315 AaMa. KL837 GA895 1400 1530 SQ24 KL838 2215
    1,291 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Down-to-earth fashion collections
      577 31  -  POSTCARD FROM LONDON By Bernadine Morris SANDWICHED between the glamorously extravagant Italian and French fashion shows, the fall and winter openings here have an intimate down-home feeling. The models look more like the pretty girl next door than showgirls. The clothes look like things people actually wear,
      577 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2509 1.2678 Canadian dollar 1.3724 1.4001 NZ dollar 0.8990 0.9172 Sterling pound 2.8544 2.8931 US dollar 1.6590 1.6660 Local dollars to 100 units of foreign currency Austrian schilling 14.06
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      71 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April 20- Ex posh i p Baitoican The Seatrade 0206-***** Apri 24. International Barcelona. Foire De (34) 3/423. 23 London *92 Centre. Organisation 28 Motorcar Business Spain Baredone 86 51 London St Accessories April 20- International Birmingham
      71 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We knew Europe ftoa atari to Flnirith.
      41 words
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      Page 31 Advertisements Column 2
      7 31 Innovation Technology in Business Times on Tuesday
      7 words
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      Page 31 Advertisements Column 3
      249 31 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4,1992 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      249 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      298 31 5 Pretend to have a certain j Lm hJ influence (6) J I 8 Damage making one HBcharge after a pupil (8) 9 Surprise opening by the 10 f 1 "fl BH HM WM 10 Expertise or just trickery? 12 I j 11 Aspirants may become J I champions (9)
      298 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      168 31 Singapore Outlook: Showers over a tew areas in the afternoon. Report: Maximum temperature 32.7 Assoc humidity 64% Minimum temperature 25.4 Assoc humidity 91% Hours of sunshine 10.00 Rainfall in mm Nil Rainfall this month 32.S Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Auckland 23/13 Goudy Bangkok 34/27
      168 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      32 31 He's se.trte_D Me.s SPCNT THC. whoue. CORNING Tw»&.R€L'S PS N£.UI VOUNG ,N QcxOCV/ OSSCCN€L G€_S"fijߣ.S IN rvw STP\RTtLD IN TMC. O p "F" C.£. ftC(?oSS TVtC. STR€j£.r. ASSOCIATE!) NEWSPAPERS LTO.. IW IHI
      32 words
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  • Article
    Lock icon Chinese paper calls for firing of officials who block reforms
    519 32 Reuter, AFP, AP BEIJING A signed article in a Chinese official newspaper said yesterday that officials who blocked economic reform should be fired a sign that a current power struggle could lead to major personnel changes. "We must resolutely dismiss
    Reuter, AFP, AP  -  519 words
  • Article
    Lock icon Beijing may ease policy regarding Taipei
    250 32 AP HONGKONG China may make its policy towards Taiwan more flexible by not regarding the island state as a province, a Hongkong-based newspaper said yesterday. The pro-Beijing Wen Wei Po quoted an unnamed highranking Chinese official as saying China would "consider whether or not
    AP  -  250 words
  • Article, Illustration
    Strong poll turnout cheers Pretoria's reformists
    405 32 South Africa's referendum PRETORIA White South Africans streamed to referendum polling stations by the thousands yesterday, giving President F W de Klerk a quick boost in his campaign for a "yes" to democratic reform. Nervous South African investors expect a modest "yes" vote in
    405 words
  • Article
    Lock icon Japan, US in projects to boost American exports
    281 32 AP TOKYO Top Japanese and US trade officials have announced US$l billion (S$ 1.65 billion) worth of cooperative financing projects in developing countries aimed primarily at boosting US exports. The five development projects in five countries are the fruit of a pact
    AP  -  281 words
  • Article
    Lock icon Russian communists in bid to revive Soviet Union
    345 32 But Parliament says its congress is illegal and tantamount to a coup Reuter, AP VORONOVO, Russia Diehard communists, hounded out of Moscow, met on a dairy farm yesterday to proclaim the revival of the Soviet Union but closed their meeting after just
    Reuter,; AP  -  345 words
  • Article
    Lock icon Thais push back Myanmar troops as gunbattle kills 8
    272 32 AFP, UPI BANGKOK Thai troops yesterday pushed back Myanmar soldiers who had crossed the border into northern Thailand to seize a strategic hill, sparking a gunbattle that left at least eight soldiers dead and three wounded, police said. Thailand immediately warned
    AFP,; UPI  -  272 words
  • Page 32 Advertisements
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      487 32 CHARTPOINT Every Saturday in Business Times CASEMH ASIA 9 2 CONFERENCE EXHIBITION Enrol now for Asia's first CASE Conference Exhibition designed to introduce participants to the rapidly developing technology of Computer Aided Software Engineering (CASE). This event will also feature a CASE Tool Exhibition which will give participants the opportunity
      487 words
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      Page 32 Advertisements Column 2
      90 32 CHARTPOINT Every Saturday in Business Times r h The Tradition Of Blancmjn .19. BlancpaiN Singapore THE HOUR CIASS lucky Pla/a Tel *****20 1 Vrons Tel 2 J*****/7198 I entrepo.ru Tel *****98 Peninsula Plaza Tel IJ7B WW/} WtS+rt, t Palais Renaissance Tel 7H1262/S4J Raffles Tel H4)241 »Chan«i Airport Terminal I (last
      90 words
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  • Shipping Times
    • Article, Illustration
      Legal action taken against Ukrainian ships
      425 33  -  By Juliette Walker SINGAPORE Ukrainian carrier Black Sea Shipping Company (Blasco) said its vessel was recently arrested by Singapore authorities as a result of a legal action brought against the line by a German bunker operator. The ro-ro vessel Vladimir Vaslyaev, which was detained
      425 words
    • Article
      Lock icon Aircraft leasing firm plans flotation
      417 33 Reuter DUBLIN Guinness Peat Aviation, the world's largest aircraft leasing firm, announced on Monday that it plans a multi-billion dollar share flotation on several world stock markets in June. The offer, which will be divided up among the London, Tokyo, New York and Dublin markets,
      Reuter  -  417 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1140 33 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 3
      1,140 words
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      Lock icon Officials meet to solve Airbus dispute
      212 33 Reuter BRLSSELS The European Community and the United States were locked in crucial talks on Monday to solve a five-year dispute over aircraft subsidies, EC and US officials said. The two days of talks could determine whether Washington lodges a longthreatened complaint with the
      Reuter  -  212 words
    • Article
      Lock icon THAI sees record profits
      185 33 AFP BANGKOK Thai Airways International (THAI) launched on Monday the first public offering of its shares, airline officials said, predicting record profits for the company this year and next. THAI had issued 100 million shares at 60 baht (553.90) per share for sale between Monday and
      AFP  -  185 words
    • Article
      Lock icon Huge demand for space in new Japanese airport
      249 33 NYT OSAKA Officials setting up operations for a new international airport being built on a man made island in Osaka Bay, western Japan, are being flooded with requests for space in the terminal building despite the high rents, according to sources. A
      NYT  -  249 words
    • NEWS SUMMARY
      • Article
        Virgin chairman to slow down
        58 33 THE enterprising Englishman, Richard Branson, who founded Virgin Records and became chairman of Virgin Atlantic Airways, has maintained a frenetic pace ever since watching over his expanding business empire, risking his life in ocean-crossing hot-air balloon trips, and signing everyone from the Sex Pistols to
        58 words
      • Article
        Rescue plan for Continental
        31 33 AN INVESTOR group led by Houston financier Charles Hurwitz is "very close" to an agreement with Continental Airlines and its creditors to buy the airline Back Page
        31 words
      • Article
        Workers on strike at Pittsburg
        44 33 PITTSBURGH A strike immobilised Pittsburgh's buses and trolleys on Monday, forcing more than 100,000 commuters to drive, take riverboats or bicycles or walk to work in bitter cold. Motorists raced at snail's pace on unusually congested highways. Back Page
        44 words
      • Article
        Iran attacks Turkey for ship seizure
        35 33 IRAN has bitterly attacked Turkey after a State Security Court in Istanbul confiscated a ship carrying a cargo of arms on its way to an Iranian port Back Page
        35 words
    • LOG BOOK
      • Article
        Two gasoline tankers arrive in Haiti
        107 34 PORT-AU-PRINCE, Haiti Two tankers loaded with gasoline and diesel fuel arrived here over the weekend, circumventing an economic embargo imposed on Haiti following a military coup last September. One tanker flying the Norwegian flag, the Bow Princess, came from Portugal with more than 21,000
        107 words
      • Article
        BA applies to fly to Nagoya
        73 34 TOKYO British Airways has applied to the Transport Ministry to operate regular flights between London and Nagoya, central Japan, ministry officials said. The officials said the British airline plans to begin a weekly service from April 25, with 377-seat Boeing B-747-400 jetliners. It will
        73 words
      • Article
        New air routes to Tianjin
        97 34 BEIJING China's third largest city, Tianjin, in the north, is due to open new air routes this year with South Korea, Japan and Burma, the Xinhua news agency said on Monday. The date for the opening of the new routes, to be introduced because of
        97 words
      • Article
        CPA to fly to Adelaide in Oct
        83 34 HONGKONG Hongkong's flag carrier Cathay Pacific Airways plans to introduce a weekly service to Adelaide, South Australia in October, the airline said here on Monday. The new service, which is subject to government approval, will be the fifth Australian destination after Sydney, Melbourne,
        83 words
      • Article
        Tanker drivers strike in Karachi
        97 34 KARACHI Some 6,000 drivers of oil tankers went on strike here on Monday to protest the killing of a driver by bandits in the interior of Pakistan's southern Sindh province. Bandits killed Abdul Bari and abducted another tanker driver during an attack on Sunday between
        97 words
      • Article
        Italian firm holds 6pc of Fokker
        53 34 AMSTERDAM The Dutch Fokker aircraft manufacturer said on Monday that it had learnt with surprise that Italian Finmeccanica held 6.02 per cent of its equity. Finmeccanica, a finance house, controls 77.3 per cent of the Italian Alenia aircraft manufacturer which competes with Fokker in
        53 words
    • Article, Illustration
      Lock icon Boy wonder comes down to earth
      880 34  -  As a child of the 1960s who eschewed power ties and pinstripes for sweaters and jeans, Richard Branson never planned to be a businessman. Now as one of UK's richest men, heplans to slow down, reports Tony Rogers Tony Rogers AP Richard BRANSON'S high-flying
      AP  -  880 words
    • Article
      WEEKLY FREIGHTS
      273 34 FREIGHT rates ended the week virtually unchanged on last week, retracing initial gains, depressed by excess tonnage and the slowdown in the world economy. On the futures market, the Baltic Freight Index (BFI) rose one point over the week to 1,228 points. It had progressed by five points
      273 words
    • Article
      DAILY FREIGHTS
      416 34 FIXTURES Ore: To-be-nominated 120.000 long tons ore Saldanha Bay/Redcar U556.25 fio seven days shine March 29-April 2 British Steel. Coal: There were no fresh fixtures reported on the freight market. Grain: Elbella IV 32,500 long tons bulk wheat Kalundborg/Bangladesh US$25 basis one to one fio 7.000/2,000 March 23-31
      416 words
    • Article
      THE SHIPPING GUIDE
      6335 42 This is a list of ships loading at Singapore tor 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. Advanced dates are published for a maximum
      6,335 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        483 49 H5!! Berth fcrfcal Oapartura Vnn( Voy No Berth Arrival Pgartoa £*f"f Terminal 1 Sembawang Terminal BatamMurm *****2 M03 alongside 1703/2300 Ady 1/92 S03 1703/2300 Bm Beftagia *****B M05 alongside 17 03/2300 Colum Papua 8S S03 ator*vde 1404/1200 Mntkf *****2 M05 alongs* 18.03/2300 How 189 1/92 S03 alongsrfe
        483 words
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        CONTAINER SCHEDULE
        1055 49 RECEIVING OF EXPORT FCL CONTAINERS MP LCL CARGO Rtcord Bookini/Baiinca Rrits *SNp Voy No Etb/Btr Parted From To From Act Concord 26W 18/1900 1 17/1500 17/1659 17/1900 ACX Jade 76A 18/1500 1 17/1500 17/1659 17/1900 ACX VioM 58 20/1600 3 18/0700 18/1159 18/1400 J 4 18/1200 18/1459 18/1700
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    • Article
      Lock icon Rescue plan for Continental
      357 50 UPI HOUSTON An investor group led by Houston financier Charles Hurwitz is "very close" to an agreement with Continental Airlines and its creditors to buy the bankrupt airline, it was reported on Monday. The Houston Post newspaper said in a copyright story that industry sources reported
      UPI  -  357 words
    • Article
      Lock icon Pittsburgh transit workers on strike
      312 50 AP PITTSBURGH A strike immobilised Pittsburgh's buses and trolleys on Monday, forcing more than 100,000 commuters to drive, take riverboats or bicycles or walk to work in bitter cold. Motorists raced at snail's pace on unusually congested highways, and were left battling for the few
      AP  -  312 words
    • Article
      Lock icon Iran attacks Turkey over ship seizure
      262 50 NYT TEHRAN IRAN has bitterly attacked Turkey after a State Security Court in Istanbul confiscated a ship carrying a cargo of arms on its way to an Iranian port. The 2,700 tonne Cypriot-registered Cape Maleas was stopped in the Bosphorus last October soon after
      NYT  -  262 words
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      18 33 Llms and ssrvlcss raprHMtk Member* «f Km Registry «f Accredited For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      339 33 INDONESIAN STATE OWNED STKVKDOM AND PONT SERVICE! For al Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOUINE: arias Someone dose has been Iving Your son in Canada Is studying for some
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      49 33 hi Forwarders 15 Air Frwght Schedule 16 Contaner Schedule 17 Courier Servico 15 Cause Ferry Schedules 16 Daly Fre*Ms 2 index 1 Port Conditions 16 Sh*nw* AgenS 15 S**ppmg Guide 10.11 Sl*psales/T»nfcer Rates 16 Sf*ps m Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Conditions 17
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      93 34 y It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
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      2465 35 OOCL *T* LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****00 \llf// V BOOKINGS TEL: *****234 *****58 ■lIIIIW TERMINAL/CFS TEL: *****218 220 nMftMn PESAKA JAROINE SHIPPING AGENCIES BDN. BHD. LlfflF J PORT KELANQ TEL: *****18 FAX: *****91 *****88 Dedicated to Quality Service ■MJ.11.11l 2£ 03£ "***** "STS 04/04 06/04 06 04 09/04
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      Page 35 Advertisements Column 2
      1901 35 F ~1 TRANSPORT DIARY Mar 19; New International Trade Terms and Rules of Shipping Practices Seminar, organised by Elim Management Services. For details, please contact tel: 292-S670 or fax: 298-1804. Mar 19: The Future of Shipbuilding in Europe and Beyond. Royal Institution of Naval Architects meeting, 1800 hours at Weir
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      Page 35 Advertisements Column 3
      1444 35 ■nmama TWO SAILINGS TO EUROPE LEISE MAERSK V.9204 ETA SIN 19/3/92 TOKYO BAY V.5241 ETA SIN 21/3/92 VMM* Voy ETA I ETO FnM by DESTINATIONS ArlM Th<» weak Mc-Kinn«y Maarak 9204 cv 24/3 oeoo mrs Port BMiMBNMHHMBMIIMnBIfIMMII CFS 23/3 2359 HRS Kaiang Panang OAK LOB HOU MEM ATL MIA CHS
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      1404 36 R DAM/ VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE KAQA 23/111 19/3 28/3 11/4 7/4 6/4 MRRR3 HANNOV E R EXPRESS 07/311 22/3 8/4 10/4 13/4 14/4 KURAMA 15/112 26/3 4/4 18/4 14/4 13/4 I. Mi WIMB FRANKFURT EXPRESS 61/312 29/3 15/4 17/4 20/4 21/4 W MUM
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      739 36 SEASPAC SERVICE COWTAIMEKS ft m«««bu DUECT SOUTH PUCFIC SttWCE SIN NOU SUV PPT PALEMBANG 3301 EB 25-27/3 7/4 10/4 14/4 L J BO NT ANQ 3507 EB 6/5 10/5 23/5 2ft/5 Transit Tiro (13) (Ift) (22) ALSO ACCEPTMG CARGO VM SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOFA. P. VILA FASTEST
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      1366 36 It na E>XWM MMW REGULAR INDEPENDENT FULL CONTAINER SERVICE WEEKLY LCL SERVICE WE ARE PLEASED TO ANNOUNCE AS FROM NORASIA SAMANTHA V 9202-3 ETA SINGAPORE 19/3/92 LCL. CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS. ITALY VENICE/TRIESTE/ANCONA EGYPT ALEXANDRIA/PORT SAID TURKEY IZMIR/MERSIN GREECE PIRAEUS MALTA VALETTA SLOVENIA KOPER FOR BOOKINGS/ENQUIRIES
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      1935 37 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa*: *****17 ACCEPTS DUE SAB.S CARGO SPORf R'KOK MMMMOOS VOTE SIT £V." 7* M Ei! "TEWUEGGE V 0» 11-19 MAR 21-22 MAR ""JAM HKUUKt Vo7t Muarj. Lab. KK IS-19 Mar 20 Mar 22 Mar
      1,935 words
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      Page 37 Advertisements Column 2
      1291 37 SINGAPORE AGENT: ntlfojtlAfC P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Te( 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VEBBCL VOY -MO °PKQ Si ALO SOU ANT NOT HAM MO VEB6CL VOY ANT
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      515 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE WSL/WY S PORE ROAM ADAM H BURG BREMEN ANTWERP SMWUAYA/34W8 15/4 18/5 23/5 27/5 30/5 KUTAI/25W8 2/5 5/( 10/6 14/6 17/6 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO lubjiol lo lAduottmnt Also to Cmblinci, nit 1«U rwi viiOi nin MvimorMi, vitnot,
      515 words
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      Page 38 Advertisements Column 2
      1297 38 HANJIN SHIPPING |1 Ft* VSL m lie HAUL LGB OAK FDD VS. 8R |LBK HAUL SM Ul NYC HARJM SEATTLE 022E 22/3 DMECT 12/4 15/4 HARJM KUNSAN 072E 18/3 M PROPITIOUS 030E 23/4 24/4 21/4 HARM HONGKONG 833E 29/3 OMECT 19/4 22/4 FIJHGUAW BAT 204R 23/3 H. SAVANNAH 831E 38/4
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      Page 38 Advertisements Column 3
      1255 38 d "Trl -1 d Im IK W( lit w «T OS KT W no ill OS UL ryc ihv am «w n» it n oa m w I CGRKTKOM 17/1 kPt 21/3 2S/1 77/1 M/l 31/3 1/4 1/4 4/4 5/4 17/4 21/4 1/} 2/5 12/5 11/5 14/1 15/5 11/J 21/5
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      1923 39 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 mm am UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 •JJP# ™NEPLINE SDN
      1,923 words
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      Page 39 Advertisements Column 2
      989 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQIHRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES 1 EASTBOUND-OBCHARONG RESTBOUND-LQADW6 TIANSHFPED VM ROTTERDAM bbi ww law
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      1676 40 K" wV- AS AGENTS: KAWASAKI SNGAPORE (PTE) LTD (CR No: 1244C*****0M) W V TEL *****77 TELEX; KAWAXIRS23I6S FAX; *****07/B^9 I I F%l m 4. Malaysia: *k*unemarthme(Malaysia)sonbho Am "*JL JL M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. BARANA LAUT MTERNUBA TEL: JKT
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      1234 40 PHIU-ORKNT LINGS PT€ LTD 4^ 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... Jaßr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION PACIFIC FCVICLSBMCS 20 MAR SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 26 MAR AUCKLAND.
      1,234 words
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      1121 41 SSSSSmW PACIFIC INTERNATIONAL LINES (PTE) LTD SSSBSSS» M MJfeV 140 ***** street #03 PIL Building. Singapore 0106. Tel: *****33 CR NO **********Q£ I {BANGKOK j VIUEL VOV SIN JUT SIM VESSEL VOY SIN IKK SIN KOCN JJJ, J* WT 00T0V 11M 1,/S /3 ROTA RAKYAT Hi m/J SRISAMUT (THAI FLAQ)
      1,121 words
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      Page 41 Advertisements Column 2
      1232 41 EacßenV IST1 ST CLASS CONTAINER TRANSPORT FEEDER VESSEL 1 PENANG PKELANGI OCEAN VSL/VOY SIN SOU (1 RTM (2) HAM (3) GOT (4) ANSON/TBN 20/3 21/3 NIHON 2112 24/3 10/4 12/4 13/4 15/4 ANSON/TBN 27/3 26/3 BENARTY 2122 17/4 19/4 20/4 22/4 ANSON /TBN 3/4 4/4 ALSIA 2132 7/4 24/4 26/4
      1,232 words
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      Page 41 Advertisements Column 3
      559 41 M MYANMA wUk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'poro P.KIf Pen P.Gdf myoma ywa vMow m pi su AVA VII4N to Pt Std SW PAGAM VIMW 20/22 Mar PffTA VI2IH 25/27 Mar 21/24 M* MERGU VII3W 31/2 Apr THE BANK LIME (A wrvict of Andrew
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      566 42 SPECIALIST IN RO-RO HEAVY LIFTS INBOUND KISSHS m v n in u U SL» 19/3 TUB OTI 37 ill Ul cosac cuuucfi i$ i» /3 i,,, 21/1 24/1 uua TUMI" T 21/1 21/1 MM MM 2 M/ 3 1/1 ~4/4 I FOfUT PUT l|/«___ immrn 22 r/« 12/4 'KIUUK 21/1
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      Page 42 Advertisements Column 2
      75 42 REG ULAR C^WEWTIONALSEWICB^/ [Spore P Kelang Loading for I FUWA 20/3 24/3 Rdm/Atw/UK I M 11/4 14/4 Rdm/Atw/UK/Nantes I f S pore Loading for GEMINI 20/3 Dubai/Dammam/Bahrain/Kuwait I I LISf 20/3 Hodeidah/Jeddah/Aqaba/Port Said I PUMA 20/3 Aden/Hodeidah/Jeddah I [Spore Loading for PAN MARINER Los Angeles/New Orleans/ I Charleston/Norfolh/Camden I OCEAN
      75 words
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      Page 42 Advertisements Column 3
      105 42 CjjjtßOfUi /SHENZHIN SHIPPING i .China\ WE I@L Y as l ftAno CONSOLIDATION W JSSSS\ ~CVI\ Kong China Ports Mude: m—mmmmmmm i"® BEUING CHANGCHUN CHANGSHA V-rv >S Jl CHENGOU •CHONGQING •FU7HOII \/v GUIUN HARBIN KUMMING •XIAN JhZMSZT \CV NANKING OUANZHOU SHEKOU l\\S i-O SHENYANG SHENZHEN WUHAN kV *\J XIAMEN•ZHENGZHOU —> <N\\
      105 words
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      1290 43 NED LLOYD GIVES YOU WEEKLY LCL TO EUROPE Nedlloyd Lines FEEDEM VESSEL PKG PEN OCEAN VESSEL SM LEH RTM(I) HAM(2) BRV FU SOU GOT VESSEL Jkt PJCf fen *Skk Sin STwya Auckland Fip(A) fl njiniiiitti(o) Tmvu LytWt»(B) Dwm*(B) Nrw Ihßngton(C) W Bhum/565 B Serota/836 20/3 19/3 CGM Normandie/2062 24/3 11/4
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      738 44 TO AUSTRALIA/NEW ZEALAND [~WL [to iFram iMaft |S*4 lAac* IICE If CHAIM aiEN HUDK 717 N/1 2775 1/4 5/4 11/4 13/4 Bn im 14/4 n/4 »/4 »7i 5/5 c. 555 n* ai74 vi n/s is/s 21/s iSTs Mmmi im~~ iJ/» i»/s M/ 5 mTs J7i~~ «7i TO USA/CANAOA Y* fit
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      Page 44 Advertisements Column 2
      826 44 EXPORTS TO HONGKONG, TWRMI. MANILA t JAPAN "TWICE WHIT MALACCA STRAin SERVICE OUTBOUW) VOY PB. PEW BT SBTlit 186 MO«ETYQYOIiaBIWOIMi[I VESSEL WY |SM [PKL PEN MB W ACX BOEET 5» -163 *183 17 3 283 24 3 263 313 31J 14 14 ACS BMY B M *3.3 »J Ml 27J
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      Page 44 Advertisements Column 3
      143 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ru ru cti Ml N»T KBJWC PBMNC KM MM IS/3 LoaiHf tot Mate ■WW NBMI 2/4 iM*m Hr c*«m ooum s*w load** Far Halt mm am io/« loa*M| fm Mate DOHMWUO 3/4 Loaded Far Ftlina mocks inn s/4 Loadwf tor Male wmb
      143 words
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      Page 44 Advertisements Column 4
      1781 44 CHINA OCEAN SHIPPING COMPANY «-n rot M? 6 m 6^ VICE COSTAR SHIPPING PTE LTD r turn m ini TE: *****00/??***** INDONESIA MARITME joST Jm 3 515 iT«SIS M 3 TELEX: RS 2M3Q/1 COS* «T Cif ?9Cift££/7 FAX: ((2) (Zl) 3PWW GUAN GUAM SHIPPING SON BHD «NO *****W0000M 2* !"2
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      629 45 (t FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE i VESSEL NAME |VOY NO lEX KOBE [EX OSAKA I ETA SIN ACX LOTUS 23A 13/03 16/03 24/03 ALIGATOR COLUMBUS *****
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      Page 45 Advertisements Column 2
      1319 45 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Uom) rtl FAX: *****15/*****03 IPO J TELEX: R3 ***** RIBHIP (3 Lln#s) K§\ ETHIOPIAN SNIPPING UNB (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA LOADING FOR SPORE ABYOT 28WB 15/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 26W8 13/05
      1,319 words
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      Page 45 Advertisements Column 3
      321 45 I Baagail TBB-OT VSL VOY SMOAPORE MADRAS SMOAPORE VESSEL VOY SM MM SM TIGER SPEED INM 73-24/03 29-31/00 05 06/04 TK2J» STM UN 29-30/03 05-07/04 13 14/04 TIGER BRDGE INN 31-01/04 07-09/04 15 16/04 VSL VOY SWQAPOBE/CALCUTTA/SHQAPOnE VESSEL VOY SM CAL SM EAGLE BREE2E 000 10-20/03 20-30/03 05 06/04 LHOTSE
      321 words
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      1621 46 MAC-NELS S'PORE IMPORT: *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (066 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 IPfN S N ptN PK S,N Colombo 14/3 20/3 21/3 »/3 24/3 25/3 Durb«,/Pt Lous 25/3 26/3 27/3 22/3 23/3 24/3
      1,621 words
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      Page 46 Advertisements Column 2
      267 46 blue star line TO FROM I/WNEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm Ml AM. in 9N in */j y* MULBOtA m »/4 JJJ. 22/4 R/J MAT ST AH Nil 21/4 J/5 RA l»l 5/5 21/5 FULLY CONTAINERISED BAIUNOB DISCHARGING AT NEW PLYMOUTH li LYTTELTON,
      267 words
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      Page 46 Advertisements Column 3
      1102 46 THONG SOON LINES PTE, LTO. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****81 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA VESSEL Ivor TeTA IIEST KSSEI |m 1 SNt£ P. KEIABC KIM SOON LI 50/92E 23 MAR PENANG
      1,102 words
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      825 47 W. COMPANIA PERUANA DE VAPOREB "PERUVIAN STATE LINE" ACCEPTBG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 10* I OTHER PERUVIAN PORTS* WTH T/S AT KOBE ON CPV THROUGH BUL OF LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOJI. TOKYO*. MANILA*. DAVAO*. Pmimi* P.
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      Page 47 Advertisements Column 2
      493 47 CZJZ I MIXtSJI N.AMERICA/CARRIBEAN SERVICES *IXI Ivot tow Iwwlwih [dot |lai Inst [WTC |>*n JBLELAI ML- ILL. ULMBLA LJ_ _i/J_ AJ_ ZM BAACtLOHA 23JE 20.3 IM HOBM JL_ ILi L_l_LU_ -lti- -Li_ m HUM Hit 10/3 m CAIfQAMA 18. 2/1 11/5 11/5 Wi ILS m lull 2/1 \m caummiMs. 2,1
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      Page 47 Advertisements Column 3
      479 47 V MULTI-MODE SMPPINB PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARJAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IE DO AH FAR EAST ACCEPTING FCL/LCL PENANG P KELANG JAKARTA, BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY ABEROCEN, LE HARVE HAMBURG ROTTEROAM ANTWEP
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      Page 47 Advertisements Column 4
      510 47 Miiiß ASEAN/CHINA SERVICES «$»l SGP PK PNG P. GUDANG KTN FOR P QU 27/0) DALIAN QMGOAO Q SHAN 10/04 HUANGPU/SHANGHAI MADRAS/COLOMBO/BOMBAY/KARACHI SERVICES SGP PK PNG YANGOON KTN FOR < TH SHAN 21/03 MAORM/COLOMOO J YANG 10/04 MADRAS/COLOMBO SINQAPOREAIADRAS/SINQAPORE F CIA CI SERVICES SGP MOS TOR 1120/0) 25-27/OJ TOR 2) 24/03
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      Page 47 Advertisements Column 5
      446 47 SIN FWEJUT 22/3 KEELUNG/KAOHSIUNG 22/3 BANGKOK 22/3 MANILA/CEBU 22/3 JAKARTA/BELAWAN/SURABAYA 22/3 PORT KELANG/PENANG/E. Malaysia 21/3 BUSAN 22/3 TOKYO/YOKO/KOBE/NGO/OSA 22/3 HONG KONG Si CNINA 22/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUIOPE/UK 22/3 LDN/FLX/LVP/SOU 22/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. Si UM/CMAPH 22/3 LOS ANGELES/NEW
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      817 48 «T FIL CONTAINER SERVICES PTE LTD GS- MADRAS CALCUTTA VSL SIN/MADRAS VBL SIN/CALCUTTA SN MM SM SM CM SM NEII AVAIMIi AO 23 25/03 30 31/03 NEXT mUW! IS-20/03 30/03 05 OS/04 23-24/03 21 31/03 05-00/04 23-24/03 30 03/04 09-10/04 20-20/03 04 00/04 12-13/04 31-01/04 07 11/04 17 11/04 JAKARTA
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      Page 48 Advertisements Column 2
      372 48 BonteTmJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO: MANILA 20 MAR '92 BANGKOK 23 March FREMANTLE 25 March AUCKLAND 27 March EUROPE 21 March GOTHENBURG 22 March PENANG 23 March PORT KELANG 23 March JAKARTA 24 March MELBOURNE 25 March SYDNEY 25 March @235 0633
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      Page 48 Advertisements Column 3
      510 48 j This Week's Sailings To* TV ETD T> Singapore Singapore «a n i Rotterdam Bangkok 20/3/92 Antwerp 21/3/92 CfcCj!fc n TZ~, Los Aacein W Port Kelang 21/3/92 (Onforwarding To Mid West 22/3/92 Port Louis 27/3/92 o?UsSf rK V,3rt TeL Fax: mm o*ll Singapore 778 6522 779 2738 Esther Yap jfiß*
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      Page 48 Advertisements Column 4
      425 48 mmmm MANILA ETA VIGOUR SINGAPORE 22N8 21/3 VIGOUR PACIFIC 59N8 28/3 BANGKOK 22/3 29/3 BUSAN 23/3 30/3 HONGKONG 23/3 30/3 DURBAN/PT LOUIS 27/3 6/4 KEELUNG 23/3 30/3 USA 23/3 30/3 PT KELANG 20/3 24/3 KOBE 25/3 2/4'' PIRAEUS 23/3 30/3 OSAKA 2S/3 2/4 JAKARTA 20/3 24/3 DUBAI 20/3 30/3 nSfca
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      Page 49 Advertisements Column 1
      246 49 vQc Oc vOc Oc OcOc V VAN OMMEREN CETECO GROUP U r TRANSPORT DIVISION > i X VOTAINER CONSOLIDATION SERVICES: lO w^ F cua,^r^ ONLYM I|PWR OWOENETWOfiK 0 > USA EUROPE FAR EAST V n Mljww* Vottner ConsolldaOon Services VMOmmmm HamtwigGinDHL > por»: Vta OMmi SMpplno (S) Pli Ud. T
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      Page 49 Advertisements Column 2
      9 49 Market. Every i •>:::• Saturday in *-f r Business Times
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      Page 49 Advertisements Column 3
      207 49 weekly sailings H CARRIER'S B/L H FOR ALL SHIPMENTS U BOMBAYCO-LOADERS WELCOME H MADRAS I ALSO ACCEPTIWQ LCL DUBAI I H CALL: BOOKINa/MAR K E ™G your actum mmm/cmoiMm mug subcohtmht ports f SO KYCUNE dL KYC CARGO SERVICES (S) PTE LTD BOOKINGS: HINDRAN/CALLIE/MEI MING TEL: 225 8555 FAX: 224
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      286 49 ""~*"TipS"ABpwSTHE^ M^"' TOOAVS TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 ***************01)********************001M0 2000 2100 2200 2300 ft 26 2.3 1 7 1.2 08 0.7 0.7 10 1.5 24 3.0 32 3.1 26 20 1.3 08 04 03 05 09 16 2.4 2.7 PP 26
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      Page 50 Advertisements Column 1
      1175 50 Every Saturday in Business Times A HYUNDAI MERCHANT MAWNE CO. LTD. EABTBOUNO FEEDER TO PACIFIC BQUTH-WEBT TO PACIFIC NORTH-WEST Fgpq VOT m. pq> mim wimo w w wt k<o rcn/stt m WW HM 2M PWJ 11/11 12/03 13/03 N CHALUWW 4* N/03 M/ 04 M/ 04 1 t/U MY MOO
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      Page 50 Advertisements Column 2
      576 50 Every Saturday in Business Times \S^VISA FREIGHT SERVICES PTE LTDQJ Ji ratalig-*-—• tfWWiniQ vwVM IWM We Sail The World For You REGULAR GROUPAGE La CONSOLIDATION SERVICES IMPORT EXPORT United States of America Europe Port-of-Call Poct-of-Call Los Angeles Rotterdam Chicago Genoa New York Hamburg (Accepting all inland Le Havre destinations via
      576 words