The Business Times, 31 March 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Tuesday, March 31, 1992 THE BUSINESS PAPER FOR S-E ASIA 75"
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  • NEWS SUMMARY
    • 75 1 BEIJING The Shenzhen Stock Exchange will list 20 more stocks by the end of June, bringing the total to about 30, the bourse's deputy executive director was quoted yesterday as saying. Yao Guogang told the China Daily that about
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    • 58 1 US Secretary of State James Baker is proposing the resumptions of Mideast peace talks in Washington on April 27, according to US and diplomatic sources. He sent "letters of suggestion" late last week to Israel, Jordan, Syria, Lebanon and Palestinian Arabs proposing a
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    • 35 1 FAST-GROWING grocery group Provision Management and Suppliers Ltd (PMS) plans to boost the number of shops in its Happy Family chain from 60 to 100 over the next three years Page 2
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    • 32 1 LAW MINISTRY officials from 30 Commonwealth countries are meeting in Singapore to, among other things, see how they can share their computerised databases of legal information Page 2
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    • 28 1 THAILAND'S Board of Investment has announced a new set of criteria for approving promotional privileges for investment projects with effect from next month Page 10
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    • 32 1 PATRIARCH Deng Xiaoping's reformist faction may have won the latest battle against hard-liners, but the war for control of the Chinese Communist Party is far from over Paft®
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    • 35 1 HOW does Singapore's corporate tax rate compare with those of its main regional competitors? The answer is more important than ever as countries in the region compete more aggressively for foreign investments Page
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    • 27 1 INDIAN shipping companies have stepped up their campaign to secure a US dollar-de-nominated freight rate from the government's chartering wing. Shipping Times Page I
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  • MARKETS SUMMARY
    • 31 1 WALL STREET stocks were higher yesterday with the Dow Jones index of 30 leading industrials posting a 3.13 point gain to 3,234.57 in the first five minutes of trading.
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    • 44 1 LONDON SHARES were flat at midday yesterday, after a weak start following a spate of new opinion polls putting the opposition Labour Party in the lead. At 1136 GMT. the FTSE 100 Index stood at 2,448.8, up 0.9 point from Friday's close.
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    • 44 1 INSURANCE Corporation of Singapore Ltd (ICS) posted a mixed set of results for 1991 after making higher provisions for associate company RMCA Reinsurance Ltd and a S5O million loss registered by its reinsurance subsidiary ICS Reinsurance Pte Ltd Page 6
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    • 42 1 HEAVY SELLING by L&M Group Investments Ltd's shareholders over the past two weeks gave predator Guthrie GTS Ltd a whopping 89.83 per cent of L&M's paid-up capital, or 60.09 million shares, when its takeover offer closed yesterday Page 7
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    • 26 1 HOARE GOVETT Asia Ltd's management has teamed up with Hongkong-listed Guoco Group Ltd to buy the brokerage house from Security Pacific Corp Page 9
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    • Article, Illustration
      30 1 Monday Change BT-MGA 687.50 -5.97 Kuala Lumpur ....597.69 Tokyo 19,669.31 +32.32 Hongkong 29 '?n Sydney 1.573.4 -3.0 Friday C hange New York 3.231.44 -36 23 London 2,447.9 -24^3
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    • 31 1 London Gold AM fix USS342.75 USS2.40 Exchange rates us$ SS 1 -6550 100 Yen SS 1.2453 MS SS 0.6409 Money market rates Overnight 2 5/8 -1/4 3-month 3 5/16 unch
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    • 30 1 Rubber S*pore Apr 140.00*/kg +0.75 M'sia Apr 2l8.00*/kg +0.50 KL Tin Turnover 62 tonnes -23 Spot MSl4.28/kg +3 Crude palm oil Turnover 1,487 lots +200 June MS908 /tonne unch
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  • 697 1  -  Bank Negara to keep watch on inflation, balance of payments From Leslie Lopez in KUALA LUMPUR MALAYSIA'S gross domestic product growth is set to stabilise at 8.7 per cent this year after expanding at 8.8 per cent last year, and the country's
    697 words
  • 268 1 Tokyo to announce intervention plan to boost economy today AFP TOKYO Japan will take steps to stimulate its slowing economy including a possible cut in the discount rate by between 0.5 and 0.75 percentage points, officials said yesterday. The Bank of
    AFP  -  268 words
  • 158 1 AFP, Reuter HONGKONG China's first special tourism zone will be set up in southern China and many more are awaiting permission from the central government, it was reported here yesterday. The first zone, which offers similar tax free incentives for foreign investors to
    AFP,; Reuter  -  158 words
  • 396 1  -  By Lilian Ang SINGAPORE Parkway Holdings Ltd's group net earnings for 1991 plunged 67.7 per cent to $11.52 million from $35.62 million in the previous year. The results, announced late last night, were substantially below analysts' projections. Analysts had expected
    396 words
  • 397 1  -  From Loh Hui Yin in HONGKONG THE Sembawang group, which is expanding its presence in China, has joined hands with one of Hongkong's biggest and most aggressive property groups, Sino Land to set up a new company in Hongkong to coordinate
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  • 169 1 SINGAPORE Poor corporate results and a shaky Tokyo stock market hurt sentiment here yesterday and pushed the Straits Times Industrials Index down 13.02 points at 1,425.74. Over in Tokyo, the key Nikkei Average crawled up 32 points to dose at 19,669.
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  • Page 1 Advertisements
    • 131 1 NEW Nikon 105 Zoom See Page 3 Aircraft Schedule 31 KLSE 24 World News 11 Commodities 30 Money Changer Rates 31 Company News 6-8 Money Market 29 For market indices, editorial. Cryptic Crossword 31 Regional News 10 advertising and circulation exEd,tonal .12 Regional Stock Markets 28 tensions, ca# Business Times
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    • 10 1 A fresh view of Japanese investment in Asean, Pg 3
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    • 57 1 NEW Nikon 105 Zoom See Page 3 More reports on Pg 2: Worries over reluctance Rapid industrialisation spawns problems Charting service is back, Pg 25 PARFUMS Cartier Boutique/ SINGAPORE Palais Renaissance. #01 -03. 390 Orchard Road Tel *****93 Hilton International, #01 -04. The Shopping Gallery, 581 Road Tel *****95 Lucky
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  • PAGE 2 NEWS
    • 367 2  -  By Chuang Peck Ming SINGAPORE The Singa-pore-based venture capital firm Seavi South East Asia Venture Investment is starting to see its investments in Thailand bear fruit. Patkol, a company it took a stake in four years ago, is going public today
      367 words
    • 452 2 Opposition seeks unprecedented amendments AFP HONGKONG The Hongkong government is facing difficulties getting a politicised Legislative Council (Legco) to pass its 1992-93 budget after an opposition group yesterday called for unprecedented amendments. Liberal legislators, led by the United Democrats (UD) which won
      AFP  -  452 words
    • 322 2 AFP KUALA LUMPUR Malaysia's economic boom, now entering its fifth year, could be derailed because of an acute labour shortage, prompting moves to introduce foreign workers. "The labour shortage is real and is increasingly becoming a major constraint to growth,"
      AFP  -  322 words
    • 687 2  -  Bank Negara's annual report Reports by Leslie Lopez in KUALA LUMPUR MALAYSIA is set to continue its rampant economic expansion this year and the government's reluctance to cool the rate of growth is worrying some economists and businessmen. In its report
      687 words
    • 459 2 KUALA LUMPUR Malaysia's manufacturing sector will remain the largest contributor to growth but the country's central bank says the rapid industrialisation drive over the past five years have spawned problems. In its latest report released yesterday, Bank Negara said that sector, dominated largely by foreign companies,
      459 words
    • 346 2 AFP KUALA LUMPUR Commercial banks and finance companies have been set new lending guidelines for loans to the indigenous bumiputra community and purchase of lower-cost houses. Bank Negara said at least 20 per cent of total loans outstanding as at Dec 31,
      AFP  -  346 words
    • 457 3  -  But investing in Asean remains a key strategy By Genevieve Cua SINGAPORE Japan's slowing economy is leading to a capital crunch, but investing in Asean will remain a key strategy in the medium to long term, says Fuji Xerox chairman Yotaro Kobayashi. "Singapore
      457 words
    • 408 3  -  By Kenneth James SINGAPORE Japanese investment overseas, falling since 1989, will increase again and the best way for Singapore companies to ride the trend is through strategic alliances with their Japanese counterparts, a senior official with Cltoh and Co advised yesterday. Shinzo Kobori, Councillor for
      408 words
    • 282 3  -  By Joseph Rajendran SINGAPORE Public telephone authority Indian Telephone Industries Ltd (ITI) will take its first step outside India by establishing a jointventure company in Singapore. The company to be called ITI Singapore will be set up next week with a
      282 words
    • 356 3 Returned scientists will be guaranteed trips overseas regularly Reuter BEIJING Fearing that patriotic appeals are not enough, China now hopes that hard cash will lure home some of the thousands of intellectuals who have fled abroad in recent years. The Chinese Academy of Sciences,
      Reuter  -  356 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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      544 words

  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 123 4 AN EXPLOSION in a car yesterday morning along Bedok Reservoir Road killed accounts clerk Soon Ah Tin, 32, who was seven months pregnant. Her 33-year-old husband Wong Eng Meng suffered hand and leg injuries. The explosion ripped off the roof of the car and
        123 words
      • 109 4 PARLIAMENT invites submissions from the public on the Drug Trafficking (Confiscation of Benefits) Bill. The Bill, which is going before a Select Committee, aims to introduce new powers for tracing and freezing the benefits derived from drug trafficking and for confiscating those benefits. Submissions can be in
        109 words
      • 80 4 LAST NIGHT, 167 reservist officers from the Singapore Armed Forces (SAF) were promoted and presented with their Certificates of Promotion by the Acting Chief of Defence Force and Chief of Army, Major-General Ng Jui Ping, at Maju Camp, Clementi Road. This is the first of two annual
        80 words
    • 287 4 SINGAPORE Telecom, which is poised to be corporatised on Thursday, will be a wholly-owned subsidiary of newly-formed government holding company MinCom Holdings Private Limited. Although the government has said that Singapore Telecom will not be privatised this year, corporatisation
      287 words
    • 495 4  -  By Hong Lee Tiam FAST-GROWING grocery group Provision Management and Suppliers Ltd (PMS) plans to boost the number of shops in its Happy Family chain from 60 to 100 over the next three years. Goo Kern Suaa, the managing director of PMS, told
      495 words
    • 236 4 AN EMPLOYEE of the Bank of India (ROI) was charged in the Subordinate Court yesterday with two counts of criminal breach of trust and 11 counts of cheating. Mr Nallakaruppan, of the bank's fixed deposit department, is alleged to have misappropriated SSI
      236 words
    • 373 4 SENIOR Minister Lee Kuan Yew will visit Vietnam to discuss its economic programme with Vietnamese Prime Minister Vo Van Kiet. Announcing this at a dinner in his honour last night by the Singapore Manufacturers' Association (SMA), Mr Lee said a
      373 words
    • 262 4 LAW MINISTRY officials from 30 Commonwealth countries are meeting in Singapore to, among other things, see how they can share their computerised databases of legal information. The importance of this pooling of information was a point made by Law Minister S
      262 words
    • 255 4  -  By Dexter Lee SINGAPORE Aerospace (SAe) has clinched a US$l2 million ($19.8 million) contract from South African Airways to maintain the latter's Boeing 747 aircraft. A listed subsidiary of the Singapore Technologies group, Singapore Aerospace said in a sparsely-worded statement yesterday that the contract involves
      255 words
  • Page 4 Advertisements
    • 119 4 IKSTHE COMPASS ROSE GOES BUSH. From March 23 to April 5 the Compass Roae presents the unusual! Australian Bush Foods skillfully prepared by Australia's most innovative Chef Scott Webster. For the first time, diners can sample these delights from Down Under. Amazing dishes prepared from the indigenous foods of Australia,
      119 words
    • 199 4 Rapid growth, fierce competition, shrinking markets, overnight product obsolescence. These are some of the changes that can become opportunities. Giving employees the vision and "plus" skills they need to capitalise on such opportunities is net easy. Increasing numbers of business owners and their employees are now using Dale Carnegie Training*
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  • Page 5 Advertisements
    • 283 5 iti&L -4-.* •,-«>" r Y*fcww-o9fi%i3iBAsi<£r rfj? "^j^ l v ■"y, v ;-V;^ I ,-> x *-i.- *y >. <r%i.- x .> >'. <-,\ v £•,•?>• *.y---~?W-..tt^-jKV-. 'Xir.i~ >-** V.' t-'t y.*"-, t.»,'. *W* 'Jr /fl /X /^Hifl I a /■I I ///J j /i HH BT/ fl V I I
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  • COMPANY NEWS 1
    • 409 6  -  Group back in the black but earnings at company level down 36pc By SN Vasuki SINGAPORE Insurance Corporation of Singapore Ltd (ICS) posted a mixed set of results for 1991 after making higher provisions for associate company RMCA Reinsurance Ltd and a $50 million
      409 words
    • 252 6 SINGAPORE RMCA Reinsurance Ltd, an associate company of Insurance Corporation of Singapore Ltd, has posted more losses, as expected. RMCA Re, which is being run-down, yesterday reported that its net loss widened 11.2 per cent to $51.17 million in the six months ended
      252 words
    • 278 6 SINGAPORE Listed Singapore Reinsurance Corporation Ltd reported robust results yesterday even as its rival RMCA Reinsurance Ltd posted more losses in running off its business. Singße yesterday said group net earnings for 1991 jumped 19 per cent to $4.16 million from $3.49 million in
      278 words
    • 360 6  -  By Genevieve Cua SINGAPORE A particularly dismal second half dragged down trading group Intraco Ltd's results for the year ended Dec 31, 1991, as net earnings fell 3 per cent to $6.8 million. The group slipped into the red in the second
      360 words
    • 421 6  -  By Lee Han Shih SINGAPORE Tan Chong Motor Holdings said it expects its performance in the current year to be even worse than in 1991 when it suffered a steep plunge in profits. The Datsun distributor's forecast was even more pessimistic than
      421 words
    • 441 6  -  By Dexter Lee SINGAPORE Tibs Holdings Ltd, formerly TransIsland Bus Services Ltd, has posted record group net earnings of $8.73 million, up a hefty 72.5 per cent from $5.06 million a year earlier. This is the first time that Tibs has
      441 words
    • 326 6 SINGAPORE Diversified Bonvests Holdings has turned around with a modest net earnings figure of $1.5 million for the year ended Dec 31, 1991, compared to a loss of $715,000 previously. The improved results were achieved on a turnover of $151.65
      326 words
    • 423 7  -  L&M's share price falls six cents By Sylvia Wong SJNGAPORE Heavy acceptances by L&M Group Investments Ltd's shareholders gfive predator Guthrie GTS gfoup a whopping 89.83 per cent of L&M's paid-up capital, or 60.09 million shares, when its takeover offer closed at~3.3opm yesterday.
      423 words
    • 200 7 INGAPORE Scotts loldings Ltd's food and bevrage business pulled down he group's interim profit for he six months to Dec 31, 1991. Scotts said the business registered a $182,000 loss, due to overhead costs and the expense of opening a Movenpick restaurant
      200 words
    • 412 7 SINGAPORE Hind Hotels International Ltd yesterday reported a 5 per cent rise in net earnings to $4 million for the year ended Dec 31, 1991, up from $3.8 million in 1990. Turnover, however, fell 20.2 per cent to $20.6 million. Earnings per share inched up to 6.1 cents,
      412 words
    • 243 7 SINGAPORE Poor performance of an American associate continued to plague listed Singatronics Ltd, which yesterday declared sharply lower profits for the second half of 1991. Net earnings, or profit after tax and minorities, for the six months to Dec 31, 1991, plunged
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    • 408 7  -  By Chew Eng Han SINGAPORE Leader Universal Holdings has announced a voluntary takeover offer for Federal Cables, Wires Metal Manufacturing (FCW), the shares of which have been suspended from trading since 1987. But Leader, Malaysia's largest cable maker, may face opposition from various
      408 words
    • COMPANY BRIEFS
      • 128 8 LONDON Motor distributor and business services conglomerate Inchcape pic made a 1991 pre-tax profit of £185.2 million (*****.56 million) against £174.0 million previously. Analysts' forecasts had ranged from £180 million to £185 million. Inchcape, in December, forecast it would make pretax profit of at
        128 words
      • 75 8 MANILA Communications giant Philippine Long Distance Telephone Co (PLDT) yesterday announced a 4.722 billion peso (*****.48 million) profit for 1991, up 28.4 per cent from the previous year. PLDT, whose network includes 94 per cent of all telephones in the country, and who is the
        75 words
      • 99 8 KUALA LUMPUR PT Argha Karya Prima Industry, a leading Indonesian manufacturer of biaxially oriented polypropylene film, which is used for food packaging, cigarette overwrapping and adhesive tapes, will set up a manufacturing plant here, through a joint-venture company with a total investment of
        99 words
      • 104 8 LONDON Thousands of pensioners will sue the British government in the European Court, after losing their income when private company pension schemes of late media tycoon Robert Maxwell collapsed after his death last year, a spokesman for the pensioners said yesterday. "We feel it was
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      • 81 8 IPOH A Bangkok-based leading producer and exporter of fish and shrimp feed is setting up a US$5 million (SSB.2 million) shrimp feedmill in Port Klang to cash in on Malaysia's vast potential in the shrimp industry. Chingchai Lohawatanakul, President of the Charoen Pokphand Aquaculture Co
        81 words
    • 411 8 NYT PITTSBURGH Moving to reduce its debt sharply, Goodyear Tire and Rubber Co said on Friday that it had reached an agreement to sell its polyester resin business to Shell Chemical Co, a division of Shell Oil Co. Neither company would
      NYT  -  411 words
    • 358 8 AFP, Reuter TAIPEI Taiwan petrochemical giant Formosa Plastics is to set up an industrial zone in China to supply materials and group together plastics manufacturers, company chairman Wang Yungching said on Sunday. Mr Wang told reporters that he had decided to build
      AFP,; Reuter  -  358 words
    • 302 8 BANGKOK Thailand's Shinawatra Computer and Communications Co (SC&C) has offered to buy half of the shares held by the Fund for Rehabilitation and Development of Financial Institutes in International Trust and Finance initially, and the remainder after three years, The Nation reported over
      302 words
    • 432 8 NYT SAN FRANCISCO Competitive pressure on Intel Corp will intensify this week, as yet another company announces a chip that it claims is compatible with Intel's corporate treasure, its advanced microprocessors. Word of the new challenge, from Cyrix Corp of Richardson, Texas,
      NYT  -  432 words
    • 517 8 AFP, FT LONDON Heron International, Gerald Ronson's international property and finance group, surprised its banks on Friday by announcing that it was seeking to reschedule its net debt of some £1.3 billion (553.64 billion). In a meeting earlier this month with Credit Suisse, a
      AFP,; FT  -  517 words
    • 304 8 AFP PERTH The heirs of mining magnate Lang Hancock, 82, were being given details of his will yesterday as police said investigations were continuing into the circumstances surrounding his death. No death certificate had been issued three days after his death last
      AFP  -  304 words
    • 376 8 Reuter WELLINGTON The New Zealand government said it would buy 104.S million Fletcher Challenge Ltd (FCL) shares at NZ$3.B3 each (553.40) in accord with an option deal made in 1988, when the government sold to FCL Petroleum Corp of New Zealand
      Reuter  -  376 words
  • Page 6 Advertisements
    • 88 6 This announcement appears for the purposes of record only I March 1992 I m I PATKOL CO., LTD. I v y (Incorporated in Kingdom of Thailand) I LISTING OF PATKOL CO., LTD I AND QUOTATION OF ALL ITS SHARES ON I THE SECURITIES EXCHANGE OF THAILAND I 1,600,000 new ordinary
      88 words
    • 8 6 Personal Finance Investment in Business Times on Saturday
      8 words

  • Page 7 Advertisements
    • 9 7 Managers must manage. BT shows you how every Monday
      9 words
    • 188 7 BM| itfffl THE NEW CROWN. Introducing the all-improved bbwWH new Crown. The Crown has always been an exceptional car for exceptional men. And the all-improved new Crown goes even further in being an exceptional statement of Success. With its modern and refined good looks. No wonder those CEOs who give
      188 words

  • Page 8 Advertisements
    • 137 8 Rather Than Sprinkle Spices, We Throw In Freshness. Faithful to traditional Teochew culinary art, our chefs at Hung Kang Teochew v Restaurant do not use spice excessively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the true taste of our food. And
      137 words
    • 30 8 While other forms put them to sleep, they'll stay awake for the newspaper. WE GET THEIR ATTENTION EVERYDAY. THE STRAITS TIMES CLASSIFIED L&i a great place to advertise I 7**-"**'
      30 words

  • FINANCIAL NEWS
    • 412 9  -  By Magdalene Ng SINGAPORE Hoare Govett Asia Ltd's management has teamed up with Hongkong-listed Guoco Gfoup Ltd to buy the brokerage house from Security Pacific Corp. Under the conditional agreement reached with SecPac, a trust controlled by Hoare Govett's management and employees will
      412 words
    • 282 9 Reuter LONDON Tom Frost, chief executive of National Westminster Bank pic, resigned yesterday so he could to devote sufficient time to a British government investigation which involves him, a Nat West statement said. The bank said deputy Chief executive Derek Wanless, 44,
      Reuter  -  282 words
    • 418 9  -  By Abdul Hadhi SINGAPORE Bank Dagang Negara, the only Indonesian bank in Euromoney's latest ranking of the top 100 Asian banks, will be able to meet the country's new capitalisation standards, contrary to speculation that it may be unable to do
      418 words
    • SMALL CHANGE
      • 76 9 HONGKONG China will begin non-paper trading of Treasury bills on a trial basis this year, the Beijing-funded China News Service (CNS) said. The Hongkong-based CNS said the introduction of scripless trading would help China standardise and modernise the issuance of treasury bills
        76 words
      • 65 9 KUALA LUMPUR Malaysian inter-bank rates rose by another five to 12 basis points across the board on expectations of a hike in the statutory reserve requirement (SRR) by Bank Negara. the central bank, dealers said. "Trading is very volatile this morning," said a dealer yesterday. "We
        65 words
      • 60 9 NEW YORK A hearing to consider whether Michael Milken's 10-year sentence can be reduced is expected to be held in May, allowing the junk-bond king additional time to cooperate with the government, lawyers in the case said. Milken's lawyers submitted additional papers to US district
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      • 70 9 LONDON Around 17,000 managers and staff at the Royal Bank of Scotland Group pic (RSB) are to be balloted over industrial action in the next few weeks by the Banking Insurance and Finance Union. The trade union said in a statement that it was seeking
        70 words
    • 524 9 NYT NEW YORK On the American economic landscape, there are companies where profits never crumbled during the recession and there are companies where optimistic analysts see recovery coming soon. But there are not very many industries where it can genuinely be said
      NYT  -  524 words
  • Page 9 Advertisements
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      330 words

  • THE REGION
    • NOTE BOOK
      • 54 10 MANILA Joseph Estrada is pulling out of the Philippine presidential election race and replacing fellow Senator John Osmena as Eduardo Cojuangco's vice-presidential running mate. Senator Estrada, a former movie star who has been popular in the polls, was to announce his decision later
        54 words
      • 100 10 DHAKA Military authorities in Myanmar have warned the country's minority Muslims that they will be penalised if they tell United Nations representatives or diplomats about continuing persecution, Bangladesh's news agency said last Sunday. General Khin Nyunt, a top official of Myanmar s State Law and Order Restoration
        100 words
      • 81 10 CANBERRA Australian Prime Minister Paul Keating yesterday refused to link aid to an improvement in human rights in Indonesia when he visits Jakarta next month. "Australia has not in the past made its aid policies conditional upon... human rights arrangements," he told Parliament. The three-day
        81 words
      • 70 10 CEBU, the Philippines The departure of US troops this year leaves the Philippines with no choice but to improve its naval and air capabilities, armed forces chief General Lisandro Abadia said last Sunday. The closure of Clark Air Base, Subic Naval Base and smaller support facilities
        70 words
    • 317 10 Move allows tie-ups with foreign firms leading to 51 pc Thai interest BANGKOK Thailand's Board of Investment (Bol) has announced a new set of criteria for approving promotional privileges for investment projects with effect from next month, The Nation reported last Friday. The
      317 words
    • 233 10 BANGKOK Inflation in Thailand will remain at a manageable level for the rest of this year, in spite of fears of the threat posed by another possible round of interest rate cuts by five major commercial banks, according to Bank of Thailand
      233 words
    • 439 10 Reuter SYDNEY Australia's current account deficit is gradually on the mend, monthly balance-of-payments figures for February are expected to show. Economists are forecasting the unadjusted deficit to shrink to between As6oo million (***** million) and AsBso million in February from A 51.03 billion
      Reuter  -  439 words
    • 369 10 South China Morning Post HONGKONG Hongkong's nagging inflation rate dipped slightly last month but analysts say a greater decrease is needed if the government's inflation target of 9.5 per cent for this year has any hope of being met.
      South China Morning Post  -  369 words
  • Page 10 Advertisements
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      591 words

  • THE WORLD
    • 475 11 Clash over reforms to continue until party congress is convened AFP BEIJING Patriarch Deng Xiaoping's reformist faction may have won the latest battle against hard-liners, but the war for control of the Chinese Communist Party is far from over.
      AFP  -  475 words
    • 563 11 Moscow must make more progress to obtain foreign aid: US official Reuter MOSCOW Russia's economic reforms are making progress but not enough to guarantee it large-scale international financial aid yet, says a top American official. David Mulford, Undersecretary of State at the US Treasury, said
      Reuter  -  563 words
    • 339 11 IHT FRANKFURT The collapse of Eastern Europe's trade with Germany, its most important partner, is certain to worsen over the next year, economists and bankers say. This trend, they say, will complicate the East European nations' attempts to get their economies
      IHT  -  339 words
    • 202 11 AP HERZLIYA, Israel Israeli Foreign Minister David Levy has thrown the Likud Party's election prospects into doubt by announcing that he will resign leaving the ruling party without its major supporter of Mideast peace talks and a champion of Sephardic Jews. Mr
      AP  -  202 words
    • 253 11 AFP LONDON Britain's ruling Conservatives suffered a new setback last Sunday as new figures showed that the number of company failures has continued to rise this year, on top of a huge rise already recorded in 1991. The report, by the Dun
      AFP  -  253 words
    • WORLD WATCH
      • 85 11 LONDON The US Defence Department is now convinced that secrets of its Patriot anti-missile system leaked to China were passed on by Saudi Arabia and not Israel as originally alleged, the Sunday Telegraph newspaper has reported. Both Israel and Saudi Arabia received Patriot
        85 words
      • 102 11 TOKYO Worldwide demand for semiconductors will grow at an average 9.7 per cent a year in the six years starting in 1989, amounting to US$92.B billion (Ssls4 billion) in 1995, an industry association said in a report yesterday. Japan, which spent US$l7.B billion for
        102 words
      • 70 11 KUALA LUMPUR Travel and tourism, which is the world's largest industry and employer, expects further growth in 1992 and 1993, according to the World Travel and Tourism Council. Releasing its second annual report here yesterday, it said travel and tourism was the major contributor to global
        70 words
      • 70 11 SEOUL South Korea may propose the participation of US officials in special spot inspections of suspected North Korean nuclear sites. Seoul would propose during inter-Korean nuclear talks tomorrow that the two Koreas conduct special inspections of military installations suspected of harbouring nuclear weapons separately
        70 words
      • 107 11 PARIS The dramatic collapse of France's ruling Socialist Party was amplified last Sunday when they lost several historic bastions to the conservative opposition in a run-off" second round of cantonal elections. The debacle raised pressure on President Francois Mitterrand to fire unpopular Prime Minister Edith Cresson
        107 words
      • 65 11 TAIPEI Taiwan's trade with North Korea has remained stagnant since the island's government lifted last October a four-decade-ban on trade with the communist nation. "Our trade with Pyongyang was very small, partly due to the lack of interest of local firms in trading in North Korea
        65 words
  • Page 11 Advertisements
    • 161 11 UC Business Creditors: Leoal Rights and Debt Collection a one-day seminar on how Prevention is Better than... a Lawsuit by Catherine Toy, 15 April 1992 Fees: SS29O per participant Business Law tor Catering Hotel Management Including Smoking Legislation a 2-day seminar on Managing Hospitality Services More Effectively by Catherine Tay,
      161 words
    • 7 11 •Beware the Russian sink hole, Pg 13
      7 words
    • 377 11 PUV2 REFINING, LNG PETROCHEMASIA92 IJfyVl I Asian ,nternatjonal Refinin 9- LNG Petrochemical Technology Exhibition ■J—-—rjD 1-4 December 1992 World Trade Centre Singapore Harness all the energy of one mighty, billion-dollar-industry event Announcing a new, profit-making energy break- and facilities, the opportunities for suppliers of through! From the organisers of Offshore
      377 words

  • 505 12 EDITORIAL ONE OF THE best things that President Suharto did this year is the lesson he delivered to the Dutch on how not to use aid. While The Hague has been singled out, the message is unmistakably also meant as a warning to other Western donors.
    505 words
  • WHAT THE OTHERS SAY
    • 291 12 WHILE different kinds of enterprises work under different conditions, the general theme is a constant one: Going solo or staying small may be dangerous in an age in which the resources and opportunities generated by scale have become more important than ever before. Of course, niches will
      291 words
    • 93 12 THE continued fighting between the Khmer Rouge and government forces in Cambodia is threatening the peace process in the country. Hence, the United Nations Transitional Authority in Cambodia must work to speed up the sending of peacekeeping torces into the country. So far, only 2,000 out of
      93 words
    • 119 12 MYANMAR's treatment of its Muslim minorities has aroused the displeasure of many Islamic countries. If it still refuses to come to its senses, the whole situation may evolve into a religious conflict. Nobody would like to see the Cambodian issue come to a close after much effort only
      119 words
  • REGIONAL VIEWPOINTS
    • 198 12 SOME negative reactions notwithstanding, the government's move to decline further aid from the Netherlands as well as to question that country's leadership position in the Inter-Governmental Group on Indonesia (IGGI) should actually be welcomed as a rational and effective way to remove the thorn that has been
      198 words
    • 207 12 US SUSPICION of Mr Narong Wongwan's involvement in drug trafficking as implied in the reason cited for denying his visa is a serious allegation and unprecedented against a Prime Minister Nominee of this country. Thus the scandal warrants a full-scale clarification from the US government to
      207 words
    • 112 12 UN PEACEKEEPING FORCES can only get the job done if there is an acknowledgement by the hostile parties that their bloody-mindedness and slaughter have not settled anything, that there is need for an impartial third party to act as a buffer, a third party whose
      112 words
  • 1175 12 The golden touch of Shigeru Myojin, who delights in taking on the Japanese Big Four, earned US$45O million for Salomon in 1991 ONCE when he was in London. Shigeru Myojin. the 42-year-old head trader at Salomon Brothers' Tokyo office, lost his temper when a trade
    1,175 words
  • Page 12 Advertisements
    • 87 12 FOR SUCCESSFUL MANAGEMENT OF YOURBU|INESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
  • Page 12 Miscellaneous
    • 50 12 DOONESBURY BY GARRY TRUDEAU MEET TAD HJANA- nnrrw iW/SISUJHEXS A NEGATIVE CAM- U/HATU)E GENERATEHERB IS WE 'RE NOT SURE MwffvF fWGNBE&NS -UJITH UJhAT LEE RAW DATA, INFORMATION ON VPSTHEOUSH opncmEß ATWATER ONCE CAUEO 'THE 35 EVERY SINGLE ASPECT OF THE CAMPAIGNS EUTE EXCEU&JTNEfiPS"! THESE PEOPI3 PUBLIC ANPPRIVATE LIVES FIRST TEW.
      50 words

  • ANALYSIS
    • 725 13  -  The US is in danger of wasting billions in its rescue plans to the ex-Soviet Union, and failing to zero in on what can be realistically accomplished by outside aid, says Leslie H Gelb Leslie H Gelb NYT AS THE US foreign policy
      NYT  -  725 words
    • 1288 13  -  Steven M Timms takes a look at how attractive Singapore's corporate tax rate is compared with those of its regional competitors Steven M Timms The writer is a tax partner in an international accounting firm HOW DOES Singapore's corporate tax rate compare
      1,288 words
    • 956 13  -  Is the peaceful revolution which is turning much of the world upside down leaving the Middle East untouched? Paul Eedle reports Paul Eedle Reuter THE WAVE of democracy that has swept through Eastern Europe, Africa and Latin America since the late 1980s
      Reuter  -  956 words
  • Page 13 Advertisements
    • 123 13 v W ■kl ■By v H^IH^BS^^VHMfeB^S^HK Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them you need to be kept well informed to maximise returns on Essential information accessible every business day your money through Business Times. In the same way
      123 words

  • Page 14 Advertisements
    • 265 14 VALUE Ir Retailing Works Harder When East Meets Vest It's the first principle of successful Beach Road exit, at the edge of the MRT station just a few minutes' retailing: location first, location CBD, yet outside the Restricted stroll away. There's also a business second and location third. The Zone.
      265 words

  • FOCUS
    • 1226 15 The response to South Korea's opening of its stock market to direct investment in January has been cautious The Economist EAGER foreigners had been panting for the South Korean stock market to open to outside investment for years. Many fund managers have long seen South Korea as the
      The Economist; Source: Economist  -  1,226 words
    • 983 15 FT THE brightest brains in the French civil service, it is often said, end up at the finance ministry. Their brainpower is now being put to the test as thfcy tussle over a series of reforms of France's stock markets. Over the next few months,
      FT  -  983 words
  • Page 15 Advertisements
    • 107 15 f Jump the queue to Kuala Lumpur. Why stand for it,when you can hop on our What's more, we go further with wider, more hassle-free flights to Kuala Lumpur on Wednesday, comfortable seats aboard our spacious 7478 s. Friday and Sunday every week. All of which goes show we make
      107 words

  • INNOVATION & TECHNOLOGY 1
    • 445 16  -  German software firm SAP has turned in good results for 1991. Claire Leow examines its strategy for growth Claire Leow German software house SAP AG, which has its regional headquarters in Singapore, has posted strong growth in revenue and profit for 1991.
      445 words
    • 350 16 THE BLIND can now use Teleview an information service accessible by personal computers that are linked to different data-providing computers. Engineers of Singapore Telecom have customised the PCAccess software to work with a speech synthesizer attached to the PC. Information
      350 words
    • 912 16 Central role for portable computers in fast-moving industry FT PORTABLE computers are now set to play a central role in the fastmoving drama that is the world computer industry. The evidence can be seen in the wide-ranging deal struck in January between International Business
      FT  -  912 words
    • 759 17  -  Joseph Rajendran talks to the man behind the gadget that can magnify silicon chips a few hundred times Joseph Rajendran EVER wondered what it's like to see a tiny silicon chip magnified a few hundred times so much so that even the
      759 words
    • 309 17  -  S'pore PC maker bullish about '92 after a good showing last year. Claire Leow reports Claire Leow LOCAL personal computer maker ACS Computer survived 1991 by focusing its resources on multimedia technology. Although last year was arguably the toughest in recent computer history
      309 words
    • 236 17 NKK Corporation, Japan's second largest steelmaker, has found a new way to remove up to 87 per cent of the mercury found in gases emitted by waste incinerators, that is flue gases. A special macromolecular solution is first atomised then
      236 words
    • TECH TAKES
      • 116 17 SINGAPORE Automated Systems Pte Ltd (ASL) has signed a deal with a leading developer and marketer of advanced electronics messaging applications, Beyond Inc. ASL will distribute and support the entire range of BeyondMail an electronic-mail software product for Singapore, Malaysia and Indonesia. Beyond
        116 words
      • 60 17 SINGAPORE Everything you wanted to know about ISDN (Integrated Services Digital Network) but were afraid to ask... A three-day course on this major advance in communications will start on April 28. Run by the Information Communication Institute of Singapore, the course will benefit both technical and
        60 words
      • 140 17 SINGAPORE Hewlett-Packard Company has begun to ship HP NewWave 4.0 Desktop Manager software for Microsoft (R) Windows, an upgrade from NewWave 3.0. There is improvement in all areas of desktop management including desktop organiser, workgroup library and work-automation support. The software helps users to organise their
        140 words
      • 57 17 SINGAPORE Local firm Aztech Systems has introduced its Sound Galaxy family of sound cards for use in education, games and entertainment, presentation and other productivity software as well as multimedia applications that require data, voice and images. The cards will be launched at the Ceßit
        57 words
      • 102 17 SINGAPORE Advanced Logic Research Inc (ALR) has unveiled a line of modular PC notebooks the Ranger M 486. The recommended list price for the 20-MHz 486SXbased notebooks starts at U554,930 (558,184), while the 486DX-based notebooks which handle intensive maths work start at U557,120. The modular design
        102 words
  • Page 16 Advertisements
    • 39 16 S Hh* r Nv QB .*r ————^M——n—l l"l"l B T V' -^BaMj^^^^^MßSS3^^^Mß|WH^MHM^W^^W^^^M[M I I H l B I IB] a ILlirfll >mjKlffli Wr^ j 1 THE MASTER V HGB kfmhii 4Wlt B H BB 8888 :^^^^^^^^^^BBBBBBBBBBBB 7*'. v > j
      39 words

  • Page 17 Advertisements
    • 249 17 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
    • 29 17 Our latest model reflects THE 1 8 5 6 STATE OF THE ART. Handmade since II VIIIT Mills f*AM«9«aV MCIICO c«ff GOLD///PFEIL O < O ac J m M f
      29 words

  • Page 18 Advertisements
    • 919 18 pH Nflflliltf BfifltsA BlKl- nraVifl where to wine, dine or gggg SUPPER PROMOTION Choice of aromatic Bak Kut Teh or steaming R)rridge with Chicken, Pork or Fish. Pi aza Hotel Cafe Plaza :rr (7y clax with Ovada and Manila Sounds and enjoy their •Zyperformance from 5.00 pm daily. Happv Hours:
      919 words
    • 342 18 CP gay 'srfi our fyarnh Carumba! All the best dishes of Spain are right here at Top of the M. Each guaranteed to make your day an ol£ day! A la carte Sp»P»h Buffet Un<h Ccmtmental dxnnrr Inf) April 1 30 nightly J«L Noon 2-30 pm 6 30pm to 1030pm
      342 words
  • Page 18 Miscellaneous
    • 654 18 TELEVISION AMP RADIO XKrrVif i-kf o 1 Ann oforc iSEST" lMlgnt 01 a I.UUU SIaTS sssl.*,*** seles,* 7.30 CNN International (L). 9.00 News at Nine. 8.00 News (M). 7.05 am, 5.05pm, 1.05 am: World Close. 9.30 The 64th Annual Academy g35 p Q, n Business Report ass—,u k srrr" 924
      654 words

  • LIFESTYLE
    • 804 19  -  With little government incentives, British film professionals are packing their bags and heading for Hollywood, reports Jill Seijeant Jill Serjeant Reuter THE bulldozers are clearing away the rubble of the film studio where Star Wars was produced to make room for a hypermarket. A
      Reuter  -  804 words
    • 597 19 NYT THE bleak news that Punch would print its last issue next week, after more than 150 years of continuous publication, came as no surprise to most. The circulation of England's most famous satirical review had plummeted in recent years to only 33,000. Critics complained that
      NYT  -  597 words
    • 526 19 IT will be a Who's Who in teddy bears. More than 130 people from the arts, journalism, sports, fashion and politics have donated signed bears to the Greenwich House Children's Safety Project for its Celebrity Teddy Auction next Saturday. A giant white teddy from
      526 words
  • Page 19 Advertisements
    • 222 19 AND ENTERTAIN > A buffet of perennial favourites with a different selection everyday Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Mexican Specialities Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at $19.50++ per person. An a la carte menu is also available.
      222 words
    • 29 19 Lunch $9.00 Dinner $13.50 Ert/oy our Shjbu Shntju Sukiyjki <S Barbecue RESTAURANT KPBE Tel: 734-6796 4th fir Unit 04-06 07 Tanqlin Shoppmq Centre Air Mown KOBE BEEF also available
      29 words
    • 175 19 I TRUST GUESTS WILL Fi OUR NEW ROOMS MORE COHFITABIE. ■I We know you'll spot the two and Mischief Lounge plus restaurants I queen size beds in each newly offering exotic Japanese and Cantonese I renovated room. (And if cuisines. Singapore's most there's space for two beds, exciting street, Orchard
      175 words

  • SPORTS
    • SIDE LINES
      • 212 20 NAIROBI, Kenya Carlos Sainz of Spain won a short third leg loop through central Kenya on Sunday and maintained a slender lead in the 40th Safari Rally. Sainz, driving a Toyota Celica, won both the first and second legs of the
        212 words
      • 83 20 RANCHO MIRAGE, California A spectator's disparaging remark was just what Dottie Mochrie needed to fire her to victory on Sunday in the Dinah Shore tournament, one of the four majors on the women's golf circuit. Mochrie left her first putt short at the 17th hole, and
        83 words
      • 56 20 CARLSBAD, California William Mutwol of Kenya set a world best over 5,000 metres on Sunday, winning the Carlsbad 5,000 in 13 minutes 11.7 seconds. Mutwol, runner-up to John Ngugi at the world cross-country championships in Boston last Saturday, eclipsed the previous mark of 13:26 set
        56 words
      • 47 20 WESLEY CHAPEL, Florida Top-seeded Larisa Savchen-ko-Neiland and Jana Novotna defeated Arantxa Sanchez Vicario and Natalia Zvereva 6-4, 6-2 on Sunday to win the USS 175,000 Light n' Lively Doubles. Savchenko-Neiland and Novotna, the world's two top-ranked doubles players, will split U5565,000 for the victory.
        47 words
      • 69 20 PONTE VEDRA, Florida John Daly and Mark Calcavecchia were warned that they may be fined after a fast-moving romp on Sunday in the final round of the US$l.B million Players Championship. The two players were reprimanded by US PGA Tour deputy commissioner Tim Finchem for "failure to exert
        69 words
      • 108 20 SAN DIEGO, California The Japanese America's Cup crew said they caught a French diver swimming alongside their yacht as it left their dock on Sunday morning. "(Skipper) Chris Dickson spotted him as we were towing our boat out through the narrow entrance," said Nippon Challenge's Emili Miura. "He
        108 words
    • 461 20 Reuter OAKLAND, California Olympic champion Kristi Yamaguchi fulfilled her fellow Californians' golden dreams when she successfully defended her women's world figure skating championship on Sunday. Yamaguchi, who was first in Saturday's original programme, was rated first in her free programme by all nine
      Reuter  -  461 words
    • 210 20 THE first two matches of the Epson Super Tennis Championship yesterday saw Australian Simon Youl making short work of Dimitri Poliakov of Russia 6-4, 7-5. And Patrick Kuhnen of Germany bundled out Israel's Amos Mansdorf in straight sets. The German had little trouble disposing
      210 words
    • 356 20 America's Cup Reuter SAN DIEGO New Zealand beat Japan's Nippon by a satisfying one minute 43 seconds on Sunday in an ea-gerly-awaited race on the first day of the America's Cup challengers' semi-finals. In the day's other race, Italy's II Moro di Venezia beat
      Reuter  -  356 words
    • 261 20 AP PONTE VEDRA, Florida Davis Love 111 beat back the late threats of Nick Faldo and towering Phil Blackmar on Sunday, shooting a 5-un-der-par 67 for a four-shot victory in the prestigious Players Championship. The fourth triumph of his seven-season career on the
      AP  -  261 words
    • 336 20 Davis Cup AFP NIMES, France Davis Cup defending champion France was knocked out of the competition on Sunday as Jakob Hlasek of Switzerland won his second singles tie in the world group quarter-final. Sweden in the meantime completed a 5-0 whitewash of Australia in
      AFP  -  336 words
    • 226 20 AP. Reuter FORT MYERS. Florida Andre Agassi saved the US Davis Cup team from an embarrassing collapse while his Czechoslovak opponent fell apart. Agassi beat Karel Novacek 7-6 (7-5). 6-0. 6-0. giving the Americans a shaky 3-2 quarter-final victory on Sunday at the Sonesta
      AP.; Reuter  -  226 words
    • 281 20 Reuter SAN ANTONIO. Texas Top-seeded Martina Navratilova overwhelmed second seed Nathalie Tauziat of France 6-2 6-1 to win the US Women's Hardcourt Tennis Championships on Sunday. The 35-year-old Navratilova, ranked number four in the world, used her characteristic serve-and volley game to overpower the 24-year-old Tauziat, ranked
      Reuter  -  281 words
  • Page 20 Advertisements
    • 239 20 Now you can gel the latest news updates from the I range of newspapers end magazines distributed by SPH at any of the following 24-hour petrol stations anytime! BP 31 Adam Road BP 260 Dunean Road BP 793 Ang Mo Kio Ave 1 BP 8 Pioneer Road BP 462 Balestler
      239 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4283 21  -  By S N Vasuki TRACKING the movements of the Straits Times Industrials Index and making an informed guess about its future direction is proving to be as difficult a task as China-watching was in the *****. Copious research information put by Singapore's
      4,283 words

  • 2888 22 BMT $10(100) 4500 +1700 4-60.7% Jurong Ship 50« 990 +10 +1.0% Tat Lee Bank 330 +10 +3.1% Tat Lee Finance 173 +10 +6.1% Ssangyong 50* 279 f 7 4-2.6% DBS Land Wt 74 +4 +5.7% Tat Lee Fin A 163 +3 +1.9% J Cement 253
    2,888 words
  • Page 22 Advertisements
    • 151 22 [ihtol YOUR KEY TO BETTER BUSINESS DECISIONS! Shine is Singapore Press I foldings inforich database financial statements highlights, graphs, latest results team: T. S. liu on 740 1035, Hazel Ong on 740 1771 Teleview, which incidentally is the most advanced company news. or Tony Chia I videotex! system in the
      151 words

  • 3180 23 Leader U 565 +15 +2.7% Perlis Plani 510 +5 +10% Guinness 50« 352 +2 +0 6% Ketnayan 50« 79 +2 +">6% Johan Hldgs 50« 39 +V, 3% Leader U 565 «-2.7% f|5 Kemayan 50* 79 f2.6% +2 Johan Hldgs 50* 39 >1.3% -»-y, Perlis Plant
    3,180 words
  • Page 23 Advertisements
    • 683 23 M Incorporated in Scotland I Head Office: 42 St. Andrew Square Edinburgh, EH2 2YE. Singapore Branch: 6 Battery Road #18-01, Singapore 0104. H The Royal Bank of Scotland pic and subsidiary companies The Royal Bank of Scotland pic and subsidiary companies I Consolidated Profit And Loss Account Consolidated Balance Sheet
      683 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5052 24 Bernama SHARE priccs drifted to a lower close yesterday extending last week's losses on further liquidation in listless trading from lack of institutional support and uncertainty in offshore markets. The KLSE Composite Index at the close dropped 5.02 points to 597.69. The Industrials
      Bernama  -  5,052 words

  • BT SHARE INFORMATION SERVICE
    • 169 25 Caa«My Date Ymt 6tm» Itet N«t earnings Grass mm te praftt/laas (L) p*r slur* divMand ('000) (CMts) Cerebos Feb 13 Sep 91 $45.623|($38,911) 148(128) 23 6TE(30TE) KL Kepong Feb 13 Sep 91 M«4,883(J62.895) 15 3(148) 15(15) "S 1 Feb 10 Aug 91 MJ55,298(59,064) 30 9(33) 20(20) Asa Pacta
      169 words
    • 308 25 Cmpaay Date Yaar firoip pre-tax Nat aaratags Gross Ma te prefft/less (L) par skara dhrMaad ('MO) (cants) Aetna Mar 30 Dec 91 S15.023(S13.644) 17(15) 5(5TE) Cathay Pacific Mar 30 Dec 91 $3,591 ($3,593) 103(104 6) 21(-) DBS Land Mar 30 Dec 91 $68.102($43,528) 7(4) 5(4) Gen Mag Mar
      308 words
    • 230 25 CifMry Date HaN-yMr Group pre-tax Interim aaa to praflt/teu (L) <Mi—4 ('040) ABB Mar 30 Dec 91 M$2,019(MS10,256) Aral Steel Mar 30 Dec 91 M$70,015(M$82,361) Boustead Mar 30 Dec 91 M$27,134(M$17,902) Fiber Group Mar 30 Dec 91 M$23,759(M$2,435l) Ind Oiyjen Mar 30 Dec 91 MJ22.689(MJ20,205) Lum Chang Mar
      230 words
    • 1247 25 Cwrrwrt Ex Ma Of Total lor Total for pijiiMt liti dm piyaMt tin ynr last jmt Amtefc Ei* 50c 6%TE(I> Apr IS Apr 21 Apr 30 12XTE IM Asean Find US10C(b) Mar 10 Mar 20 Mar 30 US10C USIOt Aww 20c 125*TE Mar 3 Mar 13 May 15
      1,247 words
    • 262 25 Company Rights Issue COL Consokdabon of nary toe *»ares of ►WO 25 rto one start of MSI 00 norwnal amount R*hts sue of fc*tor-e«M HKJO 36 per stare betore c—IMMtoa EiMe Mar 26 Books Hwt~ M* 26 Acceptance t Payment NYA MC8 tMp One-tor-ten MSI 10 per stare
      262 words
    • 602 25 Company Rights Issue <Mca T«d> 3 |l.0Q par *wt MM tout of SI 75 lm norm! amount of S 5S ftrt MM Bands 1992/97 mVi datataMt traratoraWa subsenpton nftto (TSR) on thi Ins of ont TSR tor ewy tour onfenary shares 9 M***** tor each TSR. Mm Issue
      602 words
  • 593 25 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHRATS BY BRIDGE  -  593 words

  • STOCK EXCHANGE OF THAILAND
    • 2196 26 SHARE prices closed almost unchanged yesterday after moving in narrow ranges. However, finance issues were actively traded as investors speculated on their firstquarter performance reports which are expected soon. "Their reports will come out very soon and they are expected to show better
      2,196 words
  • JAKARTA STOCK EXCHANGE
    • 1180 26 Reuter SHARE trading was active on selective buying, with the official index edging up 0.62 points to 278.55, brokers said. Turnover dropped to 5.37 million shares compared with Friday's 9.3 million. Sampoerna closed 50 rupiah higher at 2,750 with 849,500 shared traded. Indorayon
      Reuter  -  1,180 words
  • Page 26 Advertisements
    • 7 26 Plan your career in the Every Wednesday
      7 words
    • 193 26 CLASSIFIEDS! Call *****46/*****52 BUSINESS TIMES CRAZY CHAMPAGNE Swiss Cosmetics Line Business Opportunities!! Switzerland's award-winning highly successful manufacturer now seeking in Asia: Regional Importers/Wholesalers, Exclusive Distributors, and/or Co-Investors/Licencees local manufacturing for Singapore and Malaysia. Qualified corporations with market knowledge, financial and marketing resources please fax brief company profile to: Fax: 65
      193 words

  • TOKYO STOCK EXCHANGE
    • 2627 27 Reuter STOCKS closed yesterday a hair's breadth firmer after drifting off morning lows and afternoon highs. Brokers said investors remain in limbo until the new fiscal year starts tomorrow, refusing to act on a government economic recovery plan and a discount rate cut expected
      Reuter  -  2,627 words
  • STOCK EXCHANGE OF HONGKONG
    • 2640 27 Reuter STOCKS finished lower in dull trading dominated by a selloff of shares in Li Kashing's Cheung Kong and Hutchison Whampoa. "There are lots of rumours about Li Ka-shing but basically the results came out last week and we're not expecting any improvement
      Reuter  -  2,640 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2241 28 Reuter THE SHARE market yesterday showed surprising resilience, brokers said, closing only slightly down in quiet trade despite sharp falls on overseas markets. They said bargain hunting by local investors propped up the market which was marked down at the opening
      Reuter  -  2,241 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks close below 600-point level
      • 873 28 HEAVY selling of big manufacturing shares dragged stocks down through the 600-point level yesterday although buying of shares with low price/earnings ratios remained strong, brokers said. Some brokers blamed the slide on rumours the government planned to rein in expansion plans by large manufacturers. Government officials denied the rumours.
        873 words
      • 528 28 CONTINUED political uncertainty kept stocks mixed yesterday, although some brokers saw the start of a possible upturn in the market. The Manila Composite Index closed yesterday 5.08 up at 1,091.19, but the rival Makati Exchange Index was fractionally down. "The waiting game is very much in evidence, although some
        528 words
      • 359 28 SHARE prices closed easier yesterday on typically light Monday turnover but brokers said the performance was encouraging given the sharp fall on Wall Street on Friday. "It did reasonably well considering overseas markets are so fragile," Hendry Hay Mcintosh's Craig Greenwood said. The NZSE-40 capital index fell 5.03
        359 words
      • 365 28 Taipei Mar 27 NTS Yo«X)0) AH Sincere Ind 16.00 0.40 21 Asia Cement 69.00 -0.50 168 Cathay Constr 78.00 0.50 664 Cathay Life Ins 212.00 1.00 470 Chang Hwa Bank 197.00 +1.00 1699 Cheng Loong 27.60 0.10 1255 Chia Hsin Cement 58.00 -1.50 2382 Chia Hsin Hour 47.60 0.10 *****
        365 words
      • 47 28 INDICES TURNOVER Close Mar 27 Prwtow NEW ZEALAND NZSE-40 Capital 1,407.8 1,412.83 -5.03 MANILA Composite Index Turnover (million) 1.091.19 393.12 1.086.11 390.5 5.08 +2.62 TAIPEI Weighted Pnce Index Turnover (NTS billion) closed closed 4,817.35 23.6 SEOUL Composite Stock Index Turnover (billion won) 597.69 310.39 602.66 256.39 -4.97
        47 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 928 29 Analysts say interest rate, currency uncertainties to blame IHT PARIS Although new issues in international bond markets will set a record in the first three months of the year, the upward trend has tailed off toward the end of the quarter because of uncertainty
      IHT  -  928 words
    • 378 29 Cross rates Mar 30 USS SS MS Dm Yen SFr AS NZS USS 1.6580 2.5810 1.6430 133.10 ***** 1.4960 1.3038 1.8215 1 SS 0.6031 1.5567 ***** 80.2774 0.3469 ***** 0.7864 1.0986 MS 0.3874 0.64 0.6366 51.5692 0.2229 0.5796 0.5051 0.7057 Dm 0.6086 1.0091 1.5709 81.01 0.3501 0.9105
      378 words
    • 533 29 Interbank rates ss Bid Offer Overnight 2 5/8 2 3/4 1-month 3 3/16 3 5/16 2-month 3 5/16 3 7/16 3-month 3 5/16 3 7/16 Overnight mode: 3 LSS Bid Offer 7 days 4 3/16 4 5/16 1 month 4 3/16 4 5/16 2 months 4 3/16 4
      533 words
    • 504 29 REPORTS Tokyo: The dollar was a touch lower against the yen but a bit firmer against the mark in featureless late Asian trading yesterday, dealers said. Mark sales for yen, including sales from a South-east Asian central bank and Japanese exporters, dominated trading, they said.
      504 words
    • 1286 29 SIMEX imoooiuui Open High Low Sett Est Vol Act/Vol Op/Int Jun 92 95.44 95.45 95.43 95.44 5500 ***** ***** Sep 92 95.00 95.03 95.00 95.01 4000 4720 8559 Dec 92 94.22 94.24 94.21 94.21 2500 3211 6916 Mar 93 93.95 93.96 93.94 93.94 800 990 3237 Jun 93
      1,286 words
  • Page 29 Advertisements

  • COMMODITIES
    • 381 30 Reuter MANADO, Indonesia Indonesia's clove industry, the world's largest, expects another bumper crop this year and has urged the government to resolve a crisis of oversupply before it worsens after the harvest. Farmers and traders said the harvest, peaking around August, would match 1991's
      Reuter  -  381 words
    • 333 30 MBT KUALA LUMPUR Sawn timber exporters want the government to assist sawmillers in Peninsular Malaysia to secure adequate supplies of logs to ensure that supplies of raw material for the downstream wood-based industries are not interrupted. The Timber Exporters Association of Malaysia (Team)
      MBT  -  333 words
    • 843 30 REPORTS THE PRICE of tin closed three sen higher at M$ 14.28 sen per kg on the Kuala Lumpur Tin Market yesterday, prompted by good buying interest in early trade. Dealers said news of a further drop in the London Metal
      843 words
  • 1416 30 Rubber Mar 30 MS (fcfchi >■>») S cents/kg Noon Close Int I RSS Prompt 139.50/I40.50N 140.00/141 .OON Inl I RSS Apr 92 139 50/140 00 140.00/140 50 Int I RSS May 140.25/140.75 140.75/141.25 Int 2 RSS OP 138.00/139.00N 138 25/I39.25N Int 3 RSS OP 137.50/138.50N 137.75/138 75N Int 4
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  • Page 30 Advertisements
    • 642 30 B_U SINESS TIMES Tag It— 1M No 737 0Q43 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KOK WAH DEVELOPMENT PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTION PASSED ON 26 MARCH 1992 At an Extraordinary General Meeting of the Company
      642 words
    • 899 30 THE COMPANIES ACT, CAP. 50 STEPHANIKE INVESTMENTS PTE. LTD. (In Voluntary Liquidation) SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company held at 2 Finlayson Green. #10-06 Asia Insurance Building. Singapore 0104, on Monday, 30th March 1992 the following Special Resolutions were passed:(a) That Stephanike Investments Pte Ltd. be
      899 words
    • 6 30 Innovation Technology in BT every Tuesday
      6 words

  • 1179 31 City Flgkt ETA FN*t ETD City Flight ETA Fttgfct ETD Aba MuM GA893 1500 GA974 GA886 2245 2245 SQ109 MH607 1405 1450 MH64I SQ110 MH6O8 1315 1445 JWIotaMo SQ228 1910 Qf82 MH609 1625 1540 KL837 GA893 SQ23 1340 1500 1815 SQ24 GA974 KL838 0115 2245 2325
    1,179 words
  • THE TRAVEL PAGE
    • 763 31  -  LETTER FROM PARIS By Andrew Gumbel WHEN the French government first gave the go-ahead for a giant Disney theme park outside Paris, it was presented with an original Walt Disney drawing of Snow White accepting a poisoned apple from the wicked queen. Five years on,
      763 words
    • 151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.26S1 1.2823 Canadian dollar 1.3790 1.4068 NZ dollar 0.8996 0.9180 Sterling pound 2.8706 2.9095 US dollar 1.6540 1.6620 Local dollars to 100 Hits of foreign currency Austrian schilling 14.14
      151 words
    • 74 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Te April 28- Zimbabwe Bulawayo, Zimbabwe 263-9/***** April-May International Fair Buenos Aires, Interexpo 541-*****1 May 3 International Zimbabwe International on Construction Argentina Sudamericana Trade Fair Trade Fair Materials SA Apr 29- Sixth Geneva Salon Intl 021/*****9 Technology May
      74 words
  • Page 31 Advertisements
    • 37 31 What's theprice for a united Europe? Exactly the same when you fly to any one ofFinnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atari to Finnish
      37 words
    • 24 31 Difficulty in getting a copy of Her Workj, Go, Singapore Business. Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      24 words
    • 61 31 THIS MAN IS A HOOD T" 4 w f r i "*1 v m He is Benjamin Siegel, one of America's most famous gangsters. He also founded the gambling capital in Las Vegas. He is the subject of a movie, Bugsy. He is the subject of a story in The
      61 words
  • Page 31 Miscellaneous
    • 106 31 2 haV 14 Ncga ,le running to YESTERDAY'S SOLUTION 3 a simpleton retires, be- -almost a disas- ing standoffish (5) 4 Batting in place of player 13 Canine's two features of on square, there is grass (9) satisfaction? (3-5) {ajtltTi mulmEßA|uLpju|Tj 5 Northern climb just being 17 Essence of mince-pie.
      106 words
    • 160 31 Singapore Outlook; Showers over several areas in the afternoon. Report Maximum temperature 33.2 Assoc humidity 65% Minimum temperature 22.9 Assoc humidity 96% Hours of sunshine 4.60 Rainfall in mm 25.9 Rainfall this month 67.6 Rainy days this month 7 wona report Asia-Pacific Hi/Lo* Cond. Auckland 22/17 Cloudy Bangkok 35/27 Clear
      160 words
    • 30 31 (G£T ON u»nn) -r, ftT g -rue T Q° ™vUVCM'&r? ftND not G£X ON UOITW VVC-* UXDRtr' I -S!!_ J CjjOUGM indiums J —u ifimh NEWSPAPERS LTD.. IM2-IW2 BM4 A
      30 words

  • 472 32 US threatening retaliation if Europeans don't stop subsidies AFP BRUSSELS An old quarrel between the US and the European Community over soya beans is spoiling chances for a world trade accord and could even trigger a US-EC trade war, diplomats warned here
    AFP  -  472 words
  • 365 32 AFP, UPI BANGKOK Narong Wongwan, accused by the US of being involved in drug trafficking, insists that he will be Thailand's next prime minister, a spokesman of his Sammakhi Tham Party (STP) said yesterday. Mr Narong told party leaders during a two-hour closed-door meeting
    AFP,; UPI  -  365 words
  • 316 32 Reuter, AP, AFP SEOUL South Korean President Roh Tae Woo sacked three ministers and his internal intelligence chief yesterday in response to last week's humiliating general election defeat. "President Roh Tae Woo modestly acknowledges the results of the 14th parliamentary elections, and for the
    Reuter,; AP,; AFP  -  316 words
  • 357 32 AFP POIPET, Cambodia The first Cambodian refugees to go home under a United Nations plan crossed the border yesterday, marking the beginning of the largest organised repatriation ever undertaken. Twelve garlanded Cambodians led the way on foot, crossing a small border bridge accompanied by
    AFP  -  357 words
  • 842 32  -  The Bottom Line SREE KUMAR SREE KUMAR The writer is a Fellow oj the Institute of Southeast Asian Studies. The views expressed are entirely his own. IF WE ARE to believe the computer makers, then there will be no further price reductions
    842 words
  • 248 32 Reuter JAKARTA President Suharto has warned that attempts to distribute Indonesia's wealth more evenly should not be at the expense of the wealthy. "Equitable distribution should not hamper the affluent people," he said in a speech delivered by Cabinet members to
    Reuter  -  248 words
  • 142 32 AFP JAKARTA The Democratic Party of Indonesia (PDI) has proposed military chief General Try Sutrisno as the country's next vicepresident, the Merdeka daily said here yesterday. 'For the vice-presidency, PDI sees it as necessary and a must that it be held by Abri (the
    AFP  -  142 words
  • Page 32 Advertisements
    • 127 32 I Singapore's most popular Nitsuko I Key Telephone System J POPULAR TOURIST ATTRACTION IN SINGAPORE I CROCODILE THEME PARK For Sale By Tender Adjoining famous Jurong Birdpark. Closing Date For Tender* High potential for capital appreciation and 21 April 1992 at 3 pm &°°<* business P^spects. Easily accessible by expressway.
      127 words
    • 191 32 SINGAPORE COMM fSZ Distributor of the most Bfl sought after M Key Telephone System HiHPj Tel: *****88 J THAILAND STOCK MARKET Computerised databases designed for optimised indepth research Access to a high speed structured database gives undertake direct data sourcing and research. Our the Fund Manager and Researcher an added
      191 words

  • Shipping Times
    • 633 33  -  From Shirish Nadkarni in BOMBAY INDIAN shipping companies engaged in carrying government cargoes have stepped up their campaign to secure a US dollar-denominated freight rate from Transchart, the government's chartering wing. This has come in the wake of the sudden and sharp
      633 words
    • 395 33  -  By Dexter Lee SINGAPORE The Transpacific Westbound Rate Agreement (TWRA), of which national carrier Neptune Orient Lines is a member, has announced sharp cuts in its bunker surcharges. From April 1, shippers need pay only a third of what they pay now
      395 words
    • 149 33 SINGAPORE Shippers of perishable goods will soon be able to get information on the Transpacific Westbound Rate Agreement's freight rates and rules that affect their business anytime of the day. From April 1, shippers can use their facsimile phones to call a dedicated TWRA fax
      149 words
    • 198 33 AFP HONGKONG Hongkong's multi-billion dollar airport project is the key to the territory remaining one of Asia's top tourist destinations, Governor Lord Wilson said yesterday. "That is why we are putting so much effort into building a new airport," at Chep Lak Kok, off
      AFP  -  198 words
    • 857 33 Ptge Col ABC Containerline 12 1 Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 2 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 19 3 Bangladesh Shpg
      857 words
    • 316 33 NYT TOKYO To better cope with the growing number of accidents in coastal waters, the Japanese Maritime Safety Agency will begin training paramedics to give first aid at the site of accidents, pending approval of the budget in the Diet. Japan's
      NYT  -  316 words
    • 368 33 AFP ABU DHABI The Coast Guard has stepped up patrols and police have tightened their grip on small ports in the United Arab Emirates (UAE) after an alarming increase in the smuggling of people and drugs, police said. "It is
      AFP  -  368 words
    • NEWS SUMMARY
      • 55 33 WITH the crash of USAir Right 405. the Federal Aviation Administration has a simple rule on icing now. The pilot is responsible for checking for ice, and is not to take off until all critical components of the aircraft are free of adhering snow, frost, or
        55 words
      • 45 33 AS WORLDWIDE scheduled traffic fell in 1991 for the first time since Worid War Two, the 50 members of the European Regional Airline Association (ERA) flew 10 per cent more passengers. Smaller carriers are quietly pleased with business Back Page
        45 words
      • 36 33 COMPASS Airlines may resume flying by July. Southern Cross Airlines, a newly-formed company which has been negotiating with Compass's liquidators. said it had reached an agreement with the Queensland government. Back Page
        36 words
      • 29 33 THE overall number of passengers who used Kennedy International. La Guardia. and Newark International airports declined sharply last year Back Page
        29 words
    • LOG BOOK
      • 70 34 STOCKHOLM Scandinavian Airline System (SAS) will launch five new routes this week, the airline said on Saturday. The new routes are: Copenhagen-Venice daily from March 29; Stockholm-Riga twice weekly from today; CopenhagenHongkong twice weekly from tomorrow; and CopenhagenSaint Petersburg and Copenhagen-Kiev, both thrice
        70 words
      • 81 34 DAKAR, Senegal The death toll from last week's liquid ammonia tanker truck explosion has risen to 51 people, and about 40 gravely ill victims are being evacuated to France, the government said on Friday. Minister of Hydraulics and Rural Development Cheikh Abdoul Khadre Cissokho,
        81 words
      • 82 34 MALMO, Sweden A Lithuanian fishing boat with a crew of 26 ran aground early on Sunday off the southern Swedish city of Malmo, sources said. The 773-tonne Zhagare out of the port of Klaipeda hit ground 2.5 nautical miles north-west of Malmo while headed for the
        82 words
      • 124 34 BEIJING Chinese engineers on Sunday blamed a faulty ignition circuit for botching the launch of an Australian communications satellite last week in a humiliating failure for China's space industry. Investigators, checking the Long March-2E rocket which failed to blast off on March 22, found a
        124 words
      • 63 34 1992 NEW YORK GTE Corp and three of Bell's regional operating companies said they planned to add wireless data services to a fledgling national network they announced in February. GTE Mobilnet, GTE's Contel Cellular Inc, Ameritech Mobile Communications, Nynex Mobile Communications and Bell Atlantic Mobile
        63 words
      • 87 34 KUALA LUMPUR Bank Industri Malaysia Bhd has been urged to intensify efforts to spur the development of the local shipping industry. Local vessels made up only only 6 per cent of the nation's shipping industry, Finance Minister Datuk Seri Anwar Ibrahim said. "The Cabinet has
        87 words
    • 1211 34  -  The recent US air tragedy in New York may spur the Federal Aviation Authority to re-evaluate pre-flight inspection regulations. John H Cushman reports on the aftermath of the accident that claimed 27 lives John H Cushman NYT IF THE US National Transportation Safety Board determines
      NYT  -  1,211 words
    • 10922 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,922 words
    • 3248 47 A Am. IK otiiaincrline NV: IWlsin Shpg \geneics Pte Ltd (SyMannc Handling Sdn Bhd (PK/PN). Xccurd (.roup: Word Shpg lie Ud (SVAcvnnl Contr Line (PK/PN). Vdkris Business orpuration Philippine: < .ilsourcc Shpg Trdg Pte Lid (S) Xhrenkicl l iner Service: Kini Shpg I rdg (S). Vlhalros Sea- \ir
      3,248 words
    • 258 47 Abacus Couriers Td: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      258 words
    • 1524 47 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-803lFax: *****05. AerosDccd Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market
      1,524 words
    • 3251 48 ARGENTINA No report received. AUSTRALIA On Mar 23 at 0800 hours Dalrymple Bay coal terminal unions had slopwork meeting resulting in strike action, but returned to work on Mar 23 at 1900 hours on recommendation of arbitration commisioner. One vessel was loaded, locked in berth; 3 vessels were
      3,251 words
    • 1130 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Alexita: 120,608 dwt and built Nov 1972 Mitsubishi Hiro, serious sellers. Venette: 64,395 dwt and built Apr 1983 Oshima Shipbuil, officially withdrawn but might still develop against an attractive price. Fakon Sea: 38,173 dwt and built July 1980 Georgi Dimitrov, Prosperity
      1,130 words
    • 555 48 ARRIVALS DEPARTURES Op Might Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA K.Z203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      555 words
    • 664 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Ports of Calls Port Agent APRIL 01 01 Royal Pacific 1000 1800 Sin-Jakarta Ocean Trade Chartering 02 02 Fedor Dostojewsky 0700 0800 World Cruise Jardine Shipping 02 02 Asean World 0900 1800 Sin-Jakarta Sembawang Johnson 02 02 Renaissance
      664 words
    • SHIPS IN PORT
      • 591 49 VwM< fay Ho Berth Arivd Departrt <M»I Voy Wo Berth Amy* Pepartift Marina Terminal 1 Kim S 00 u 51/92£ 3 31 03/0800 3103/2300 Batam Baru B137 M04 atoiwsxte 30 03/2300 J!** ftak 1 03-92 P 03 3103/0800 01 04/0600 Batam Map *****2 M05 alongside 3103/0500 31
        591 words
      • 1600 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Bafance Rsfo Ship Voy No Etb/Btr Penod From To From ACX Jade 78A 01/0700 2. 30/1700 31/0659 31/0900 3 31/0700 31/1159 31/1400 Aken 001 31/2359 1 30/1500 30/1659 30/1900 2 30/1700 31/0659 31/0900 Ai Triumph ***** 01/0900 1 30/1500
        1,600 words
      • 203 49 Penang Port Berth 1. Melaka Jaya; 2 Banglumpoo; 3: Yun Lm; 4: Ocean In the roads: jin Cheng Jiang, Bangkhontien, Lucoma, L jr as ef- Lucoma No 2, Kentonvale Star. Alam Tabah, Marneuli, Sncwty. Bunga Kekwa, Heng Chun Hai. Malayan Success, Rohas Ria, DCJ: Pacmc. Hock Huat.
        203 words
    • 984 50 Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC TechK'cal Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 071-637-4383 or fax: 071-631-3214. Oct 13-16: Seatrade Asia-Pacif-jc Cruise Convention, organised by Seatrade. The event will take place at The Westin
      984 words
    • 841 50 THE KEY panamax grain route from the US Gulf to Japan was fixed lower at U5519.95 basis one combination, brokers said on Friday. Talk on Thursday that the fixture had been done at U5519.50 dragged down other routes. The final rate proved to be above U5519.50, but the
      841 words
    • 485 52 Reuter LONDON Many major European airlines suffered financially last year, but smaller carriers are quietly pleased with growth in regional business. As worldwide scheduled traffic fell in 1991 for the first time since World War Two, the 50 members of the European Regional
      Reuter  -  485 words
    • 335 52 AP DETROIT General Motors Corp said on Friday the Mexican government's pressure to reduce dangerous pollution in Mexico City will force it to relocate its truck plant there within five years. The world's No 1 automaker said the move will cost
      AP  -  335 words
    • 315 52 NYT NEW YORK Constrained by the recession and the economic effects of the Persian Gulf war. the total number of travellers who passed through the region's three main airports declined sharply last year, according to a report released by the Port Authority
      NYT  -  315 words
    • 307 52 AFP LAS VEGAS As Russian helicopter makers launch an all-out sales pitch to Western markets, their US counterparts are going on alert to fend oflf what they fear will be an invasion of cheaper helicopters in the depressed US economy, experts say.
      AFP  -  307 words
    • 177 52 AFP BRUSSELS The Belgian parliament has decided to turn state-controlled Belgian airline Sabena into a limited liability company with more autonomy from the government, its controlling shareholder. The decision means that Sabena's board will be able to resume the search for a partner, most probably
      AFP  -  177 words
    • 374 52 Bernama KUALA LUMPUR Malaysia will allow more foreign airfreight companies to provide services in Malaysia as the national carrier, Malaysia Airlines (MAS), is unable to cope with the growing demand for air cargo facilities. Transport Minister Datuk Sen Dr Ling
      Bernama  -  374 words
    • 217 52 Reuter SYDNEY Compass Airlines, the Australian domestic carrier which went into provisional liquidation in December, may resume flying by July. Southern Cross Airlines, a newly-formed company which has been negotiating with Compass's liquidator*, said it had reached an agreement with the Queensland
      Reuter  -  217 words
  • Page 33 Advertisements
    • 18 33 U«m and MrvlcM raprimmM of th« R«flstry of AccrwßM f for advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      18 words
    • 259 33 JT Nedltoyd FAR EAST TO EUROPE/ MEDITERRANEAN CALL- 221 8969 A* Forwarder* 15 A* Frwght Schedule 16 Container Schedule 17 Couner Services 15 Cruse A Ferry Schedules 16 CMy Frefhts M Inde* 1 Port Conditions 16 Shwmg Agents 15 Shppng Gudt 10,11 Stipsates/Tanker Rates 16 Shps r Port 17 Sngapore
      259 words

  • Page 34 Advertisements
    • 62 34 Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in the daily Stock Exchange pages and on Saturday, in the Jobs page of the Ex- m style For more
      62 words

  • Page 35 Advertisements
    • 2554 35 OOCL (8) PTE LTD JARDME SHIPPING AGENCIES *****11 FAX: *****09 Alllff bookings tel *****34 *****58 ■iuhb TERMINAL/CFS TEL: *****18 220 |VB66flf| PESAKA JARDINE SHIPPING AGENCIES SON. BHO VW# A 1 m PORT KELANG TEL: *****18 FAX: *****91 *****88 W^M I tn PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated
      2,554 words
    • 1540 35 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times -£JUASC UNITED ARAB SHIPPING CO (SAG) I VESSEL/VOY SIN INYC IBAL I ORF 13AV I I m itmMtu t/4 is/s 11s it/i 1m I I Mwn tt/i i/t yt in I 1 Wtfl *4 1/5
      1,540 words
    • 1435 35 NEXT SAILINGS TO USA MAJESTIC MAERSK V.9204 ETA SIN 7/4/92 SEALAND EXPRESS V.172E ETA SIN 6/4/92 Vessel Voy I ETA I ETO I Feeder by DESTINATIONS World Lynx/ Aries This week Matte Maersk 9204 CY 31/3 0800 MRS Port CFS 30/3 2359 HRS Kaiang Panang O AK LOB MOO MEM
      1,435 words

  • Page 36 Advertisements
    • 1333 36 R OAM/ > -JiZAtatZ'"' i~| VOY NO SPORE JEDDAH SHAMTON H BURG ANT LE HARVE KASUGA I 20/113 2/4 11/4 25/4 21/4 20/4 DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 LUDWtGSHAFEN EXPRESS 01/314 12/4 29/4 1/5 4/5 5/5 W(W« S fOWW MONTE
      1,333 words
    • 599 36 SEASPAC SERVICE COHTAIWEB9 U MHAMUU DWECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L.J BONTANG 3507E8 24/4 7/5 10/5 14/5 IMPERIAL 3603E8 27/5 7/6 10/6 14/6 Tranait Tun# l(13> (16) (22) ALSO ACCEPTMG CARGO «A SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. VILA FASTEST SERVICE TO CHLE/PERU SIN VAP
      599 words
    • 1447 36 EBwr«m E>mwm REGULAR INDEPENDENT FULL CONTAINER SERVICE < WESTBOUND FOR EUROPE a/VOY ALG BCI HAM ME ROT ANT FEL LHA* (VW <*A (VIA MUBARAK 9^ft6 3 3 17/ M w/22 29/04 04 01/05 02/05 03/045 04/05" MOMSAI«*ARA* 9206 3 12/04 30/04 03/05 04/05 05/05 06/05 07/05 01/05 09/053 »J/ft2 }i/2t
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  • Page 37 Advertisements
    • 1831 37 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 ACCEPTS OIK SAKS CARGO SPORE B KOK STRAITS «NTI*E EST. KM 1 23 S V 17SN SS K SS V.K8T214 05-06 APR 0. M APR STRAITS VENTURE VOTE Muva. lib. KK 10-11
      1,831 words
    • 2197 37 4 SINGAPORE AGENT: C P&O Containers (Singapore Agencies) Pte Ltd J. CXV>/ 15 Hoe Chiang Road #08-02 to 06 Sanfofd Building. Singapore 0208 k Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 r V CR Number: **********0Z EXPORT IMPORT ve»s€L voy 'Mto -ma sin alo sou ant
      2,197 words

  • Page 38 Advertisements
    • 487 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL'VOY SPOR£ ROAM ADAM H'BURG BREMEN ANTWERP SMMMYA/34W8 26/4 29/5 3/6 7/6 10/6 M)TAI/25#8 25/5 24/6 28/6 2/7 7/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERiSEO CARGO Subject to lnduc*m*nt. Mm accepting cargo to Cmbtonc*, Port Said, Port Alnwdria, Q«ooa. Trieste. ALSO ACCEPTING
      487 words
    • 1325 38 HANJIN SHIPPING FDR VSL SM UK HAUL IGB OAK FOR VSI SM ILM HAUL SAV IM WYC HA NAN HONGKONG 033E ?S'3 OMECT 19/4 22/4 HANJM O€JU OWE 30/3 M PROSPERITY I2IE 7/5 1/5 U/5 HANJM SMGAPORE 005E 5/4 OMECT 26/4 29/4 HAIUN KNANGYANC M7E 6/4 H. KOBE MCE 14/5
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    • 1276 38 I flu SGP KSC ICC ns PUS MIT OSK NCI au TYO IJU CMS Ml NTC IM( Um HW W IK fl CM Kl SCf I SUH B 051 31/3 1/4 ft/4 ft/4 14/4 11/4 M/ 4 14/4 17/4 14/4 21/4 1/5 11/5 15/5 14/5 24/5 27/5 3/5 »/5 M/
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  • Page 39 Advertisements
    • 1532 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 X/y FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 Vim MB am UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE
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    • 514 39 r— KAOHSAJNG4/4 COLOMBO 5/4 f'J KEELUNG 6/4 BOMBAY 4/4 «2S C HO«G KONG 5/4 KARACHI 4/4 MANIA 6/4 MADRAS 4/4 JJJ BUSAN 7/4 CHITTAGONG 2/4 FELIXSTOWE 5/4 BANGKOK 7/4 Of I lAHxlb GENOA 6/4 5Kf CALCUTTA 6/4 6/4 PORT KELANG 6 4 —M ROTTERDAM 5/4 p^ ANG 5/4 W A
      514 words
    • 1053 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****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 EASTBOUND—PBCHARQN6 WESTBOUND—LOWNG TRAHSHfrED WAROTTERDAM] **< ww m m mt
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  • Page 40 Advertisements
    • 1540 40 K 4 V JF" AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: 1244******0 M) V V TEL: *****77 TELEX KAWAKIRS23I6S FAX: *****07/^9 M MALAYSIA: "K" UNEMARfTIME (MALAYSIA) SON BHD JL A, A, m S TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■HHi KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      1,540 words
    • 1264 40 PHIU OMCNT UN€S PT€ LTD <4^ Y 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69/*****00 Telex: R*****0 FAX: *****76/*****38 &J2 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 02 APR SYDNEY. MELBOURNE.
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  • Page 41 Advertisements
    • 2165 41 PACIFIC INTERNATIONAL LINES (PTE)J LTD *****55» MM JHhI Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NQ, iQQBfI67_QQQfIE. [JAKARTA" I [BANGKOK VESSEL wov .Mi ,-t ..u VESSEL VOY BUNQA TERATAI 1M J/4 J7A KOTA BU ,A K8R212 2/4 8/4 8/4 EQUATOR HAWK 1/2 E9TEBRUGOE 04N 1/4 V* 10/4
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  • Page 44 Advertisements
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  • Page 45 Advertisements
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  • Page 46 Advertisements
    • 1598 46 j S'PORE *****11 j 1 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 I P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED PORTS COtOMBOfo AFRICA pen pk sin Colombo 3/4 4/4 S/4 5/4 8/4 Idn/Fh/Rdm/fcit fcrb«,/P1 loui. 4/4 5/4 6/4 5/4
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  • Page 49 Advertisements
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  • Page 49 Miscellaneous
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  • Page 50 Advertisements
    • 468 50 torn FL SHIPPING PTE LTD iIBVTeI: *****77 (12 Lines) Tlx: RS ***** FLCONTR Fex: *****56 70 SHENTON WAY #04-028 MARINA HOUSE, SINGAPORE 0207 I WEEKLY LCL CONSOLIDATION 1 IMMM ama "1 I"" 1 1 I PORT KELJUffi L 6/4 13/4 HONS KONS U 7/4 14/4 2M* 6/4 13/4 HMimUflfl mMt
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  • Page 51 Advertisements
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  • Page 52 Advertisements
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