The Business Times, 21 April 1992

Microfilm: NL18194
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times IHE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Tuesday, April 21, 1992 75*
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  • NEWS SUMMARY
    • Article
      Yeltsin could give up PM post within three months
      64 1 MOSCOW Russian President Boris Yeltsin, denying that he is planning to call a national referendum, said yesterday that he could surrender the post of prime minister within three months, a parliamentary deputy said. The declaration suggested renewed confidence by Russia's first
      64 words
    • Article
      Taiwan's industrial output up in March
      54 1 TAIPEI Taiwan's industrial production index (base 1986) rose 5.41 per cent from a year earlier to 132.25 in March, reflecting steady growth in the island's economy, the Economics Ministry said yesterday. Industrial production in the first three months of 1992 rose 5.24 per cent
      54 words
    • Article
      Stabilisation expected
      30 1 THE Malaysian property market is likely to stabilise after several years of hectie growth, according to a report by the property firm CH Williams Talhar Wong Page 2
      30 words
    • Article
      Top Singapore exports
      38 1 REFINED petroleum products again topped Singapore's exports in 1991. according to the Trade Development Board. And exports of electronic and electrical items again filled most of the slots in the top 20 list Page 3
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    • Article
      Largest trade growth
      32 1 SIX East Asian nations have been rated by the General Agreement on Tariffs and Trade (Gatt) as having the world's largest growth in twoway trade last year Page 8
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    • Article
      IMF sees good growth
      29 1 A SENIOR International Monetary Fund (IMF) official has brushed aside worries about a world recession and has forecast faster global growth next year Page 9
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    • Article
      Patents Bill's benefits
      31 1 INVENTORS stand to benefit when Singapore's revised patent system is implemented, since it will cut down on some tedious application procedures, thus saving time and money. Page 17
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    • Article
      Waiver on penalties
      30 1 SHIPPING LINES which miss the Port of Singapore Authority's transhipment deadlines because of berthing delays can apply for a waiver on penalties. Shipping l imes Page I
      30 words
  • MARKETS SUMMARY
    • Article
      Dow lower
      28 1 WALL STREET shares opened lower yesterday after the Easter weekend, with the Dow Jones Industrial Index down 14.31 points at 3.352.19 five minutes after the opening.
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    • Article
      Market holidays
      13 1 The Australian. Hongkong, and UK markets were closed vesterdav for holidavs
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    • Article
      Times Pub profit down
      38 1 AGAINST official projections of better times ahead for the printing industry. Times Publishing Ltd yesterday declared a3l per cent drop in net earnings for the first half of its current financial year. Page 4
      38 words
    • Article
      Swens another victim
      29 1 POOR market sentiment has claimed yet another victim: Swens Asia Pacific's initial public share offer was 56 per cent subscribed at its close yesterday Page 4
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    • Article
      Bangkok Land hit
      43 1 THE share price of Bangkok Land the biggest company listed on the Thai stock exchange has fallen nearly 10 per cent in the past 10 days amidst fears of a rip in the speculative bubble surrounding the stock Page 5
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    • Article
      Chase gets Asian boost
      37 1 CHASE Manhattan Bank, one of the world's largest banking institutions, has reported a hefty 80 per cent increase in operating income from its Asia-Pacific operations during the first quarter of 1992. Page 7
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    • Article, Illustration
      STOCK INDICES
      14 1 Monday Change BT-MGA 687.00 -0.30 Kuala l.umpur ...572.46 -3.29 Tokyo 17.071.36 -509.33
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    • Article
      CURRENCIES
      30 1 London Gold AM fix USSctosed USS— Exchange rates USS SS 1.6615 100 Yen SS 1.2367 MS SS 0.6517 Money market rates Overnight 3 1/16% -5/16 3-month 3 1/4% unch
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    • Article
      COMMODITIES
      28 1 Rubber S'pore May closed'/kg M'sia May closed'/kg KL Tin Turnover 34 tonnes +6 Spot MSl4.50/kg unch Crude palm oil Turnover 1.274 lots f420 June MS897 /tonne -8
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  • Article
    Kuok group boosts its investments in China
    543 1  -  Three new joint ventures in the south worth USs6om From Loh Hui Yin in CHIWAN QUIETLY hut steadily, the diverse Kuok group is pouring more money into developing its food-related and hotel businesses in China. It has on its hands three new joint
    543 words
  • Article, Illustration
    Indonesia may revise equity rules
    192 1 SINGAPORE Indonesia is looking into its regulations on foreign ownership of companies with a view to allowing Indonesian equity in foreign-owned firms perhaps in a shorter space of time than stipulated by current laws. This was hinted at yesterday by Indonesia's Coordinating Minister for Economic,
    192 words
  • Article
    Lock icon Nearly 50,000 take to streets to demand Thai PM's resignation
    197 1 Reuter BANGKOK Nearly 50,000 people took to the streets of Bangkok yesterday night to demand the resignation of the general who became Thailand's prime minister in spite of never having stood in an election. "He has to listen to the
    Reuter  -  197 words
  • Article
    Cautious reaction from business to new Cabinet
    367 1  -  From Andrew Cooke in BANGKOK THE business community has reacted cautiously to the announcement of the new Thai Cabinet, applauding the appointment of professionals to key economic ministries but fearing that the inclusion of allegedly corrupt politicians could destabilise the government. Three politicians
    367 words
  • Article
    Jakarta bourse makes low-key start under private management
    565 1  -  From Maggie Ford in JAKARTA THE Jakarta Stock Exchange came under new private management yesterday, but the change did not immediately trigger the hoped-for response from foreign investors who still stayed out of the market. The benchmark Jakarta Stock Exchange index slipped
    565 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      191 1 Nikon The World s Finest Photographic System. Aircraft Schedule 29 Jakarta Bangkok Stocks 24 Sports 18 Commodities 28 KISE 23 TV Radio 12 Company News 46 Money Changer Rates 29 Unit Trusts 21 Cryptic Crossword 29 Money Market 27 Weather 29 Editorial 10 Regional News 8 World News 9 Financial
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      Page 1 Advertisements Column 2
      228 1 Nikon The World s Finest Photographic System kuok's China plant will come up against two competitors, Pg 3 Coming to terms with Asia FOR MUCH of this century the white Ausfralian has excluded his Asian neighbours not only from his shores, but his thinking. Now things are changing. See Analysis,
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  • PAGE 2 NEWS
    • Article
      Joint ceremonies mark S'pore-Bintan ferry terminals
      378 2  -  By Helen Chang SINGAPORE Indonesian and Singapore leaders yesterday officiated at a ground preparation ceremony for two new ferry terminals to link Singapore and Bintan. "Singapore and Indonesia can offer more to international travellers by working together than by promoting tourism separately," said Deputy
      378 words
    • Article
      Malaysia's real-estate market headed for a breather, but prices won't fall: report
      444 2  -  By! Sylvia Wong SINGAPORE The Malaysian property market is likely to stabilise after several years of hectic growth, according to a report by the property firm C H Williams Talhar Wong (WTW). But the company's chairman, Mohamad Talhar
      444 words
    • Article
      Check land use before buying M'sian property: consultant
      284 2 SINGAPORE Singaporeans planning to buy land in Malaysia should check its permissible use first. Malaysian real estate consultant Mohamed Talhar said yesterday. Many Singaporeans did not realise that Malaysian regulations on land use were followed strictly and there was little chance of
      284 words
    • Article
      Lock icon Money market cool to Bank Negara's reserve hike
      501 2 Reuter KUALA LUMPUR Malaysia's money market, awash with liquidity, has reacted coolly to a one percentage point rise in the reserve requirement of financial houses designed to mop up MSI.3 billion (*****.2 million) from the system. The benchmark threemonth inter-bank rate rose
      Reuter  -  501 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      255 2 The Regent Singapore celebrates Secretaries' Week with a stylish difference. 2 top local designers or the new collection from Tangs Studio. Either one will certainly go down well with our special menus. From April 20-24. CAPERS jV Buffet at per A complimentary miniature bottle 1 Di partum. Tangs Studio eau
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      Page 2 Advertisements Column 2
      229 2 REST 'N' RELAX TEN MINUTES OF RELAXATION f WHOLE DAY OF rs 2 ar I UtuISSM Free 4pcc Audio wUteaUcbLMt UK E L A X A Twenty-flr»t century drug free epproech to ultimate relaxation and good ntghfs sleep A//*e Tan Aas finally found a solution to solve his sleepless nights
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  • SINGAPORE NEWS
    • Article, Illustration
      I believe in transparency in government: PM Goh
      418 3  -  I could have quietly linked votes to upgrading plan, says PM By Anna Teo PRIME MINISTER Goh Chok Tong yesterday said he eould have decided to quietly implement his strategy of linking votes to the HDB upgrading programme, but he preferred to
      418 words
    • Article
      Refined petroleum goods head S'pore exports
      607 3  -  By Chuang Peck Ming REFINED petroleum products again topped Singapore's exports in 1991, according to the Trade Development Board. And exports of electronic and electrical items again filled most of the slots in the top 20 list. Refined petroleum products, with related items grouped
      607 words
    • Article
      Kuok's China plant will come up against two competitors
      299 3 THE Kuok group's flour and feedmill plant in Chiwan will put it in direct competition with another Singapore firm there Gold Coin (1991), which operates a similar facility a stone's throw away. However, the Kuok group is confident there would be
      299 words
    • Article
      S'pore parties can now claim Gulf War damages
      200 3 SINGAPORE nationals and permanent residents, corporations and other entities, may now claim compensation through the Ministry of Foreign Affairs (Ml A) for losses incurred as a result of Iraq's invasion and occupation of Kuwait. A ministry statement yesterday said the forms to
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    • NEWS ROUNDUP
      • Article
        PM agrees to be Sinda patron
        45 3 PRIME MINISTER Goh Chok Tong has agreed to be an honorary member and patron of the Singapore Indian Development Association (Sinda). The chairman of Sinda's board of trustees. Professor S Jayakumar, extended the invitation on behalf of the association.
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      • Article
        S'pore, Vietnam sign air accord
        33 3 SINGAPORE and Vietnam yesterday signed an air services agreement which allows airlines from each country to operate between the two countries with full traffic rights on all sectors.
        33 words
      • Article
        Closer ties with Jakarta
        52 3 ENVIRONMENT MINISTER Ahmad Mattar has said that with the Indonesia-Singapore Joint Committee on the Environment (ISJCE), both countries are now ready for closer environmental cooperation to complement their close economic linkages. Dr Mattar was speaking at the opening of the first meeting of the ISJCE in
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      140 3 J, The Tiffany Golf Accessories Tiffany Co. SINGAPORE RAFFLES HOTEL. TEL. *****68 NEW YORK TORONTO LONDON MUNICH FRANKFURT BERLIN ZURICH MILAN FLORENCE HONG KONG SINGAPORE TAIPEI TOKYO r J Jump the queue to Kuala Lumpur. Why stand for it,when you can hop on our What's more, we go further with
      140 words
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  • COMPANY NEWS 1
    • Article
      Times Pub's interim falls 31pc
      383 4  -  Weaker demand and layoff at UK unit eat into profit By Lee Han Shih SINGAPORE Against official projections of better times ahead for the printing industry, one of Singapore's biggest printers yesterday declared a 31 per cent drop in net earnings for the first half
      383 words
    • Article
      Gold Coin plans to apply for transfer to main board
      365 4 Company to change name to Goldtron Ltd in line with new business activities SINGAPORE Gold Coin Ltd, which last week announced plans to split its shares on a five-for-one basis in connection with its conversion to scripless trading on Sesdaq,
      365 words
    • Article
      Swens public share offer only 56pc subscribed
      389 4  -  By Genevieve Cua SINGAPORE Poor market sentiment has claimed yet another victim: Swens Asia Pacific Ltd's initial public share offer was only 56 per cent subscribed at its close yesterday, one of the worst responses so far to the offerings of Sesdaq companies.
      389 words
    • Article
      Hong Fok to delist from HK bourse but keep S'pore listing
      212 4 SINGAPORE Hong Fok Corporation is withdrawing its secondary listing on the Hongkong stock exchange, but it will retain its primary listing on the Singapore exchange. In a statement, Hong Fok said that it was withdrawing its Hongkong listing as
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    • COMPANY BRIEFS
      • Article
        Pre-tax profit down 2pc at Oriental Holdings
        122 4 KUALA LUMPUR Oriental Holdings Bhd has announced a 2 per cent drop in its group pre-tax profit to M 5255.35 million (S$ 165.98 million) for 1991. Releasing its unaudited results yesterday, it said that group turnover rose 6 per cent to M 51.22
        122 words
      • Article
        AMFB share debuts at premium
        95 4 KUALA LUMPUR Arab-Malaysian Finance Bhd (AMFB) made its debut on the Kuala Lumpur Stock Exchange with its share opening at M 53.80. for a premium of 80 sen over its offer price of Ms 3, before shedding some of its gains, brokers said. The price
        95 words
      • Article
        Actacorp associate eyes projects
        70 4 KUALA LUMPUR Teknik Cekap Sdn Bhd. an associate company of Actacorp Holdings Bhd. is eyeing construction projects worth Ms2oo million (SSI3O million), managing director Joseph W P Chong said yesterday. "We are bidding for a government tender worth MS 100 million to build infrastructure works and
        70 words
      • Article
        I&P's pre-tax profit up 21.5pc
        133 4 KUALA LUMPUR Island Peninsular Bhd has posted a group pre-tax profit of M 544.34 million (5528.82 million) for the year ended Jan 31, 1992, up 21.5 per cent from M 536.49 million in the previous corresponding period. Releasing its unaudited results yesterday, Island Peninsular said
        133 words
      • Article
        RDC Land incorporates two units
        41 4 SINGAPORE RDC Land Pte Ltd. a wholly-owned subsidiary of Resources Development Corporation Ltd. has incorporated two wholly-owned subsidiaries of its own RDC Development Pte Ltd and Zippy Properties Pte Ltd to undertake property development and investments.
        41 words
      • Article
        Hotel Plaza incorporates F&B unit
        38 4 SINGAPORE Hotel Plaza Ltd has incorporated a whollyowned subsidiary. The Plaza Company Pte Ltd, to undertake investment and management in food and beverage activities. The Plaza Company has an issued capital of $2.
        38 words
      • Article
        Nomura holds 24pc stake in L&M
        94 4 SINGAPORE Nomura Singapore Ltd is now a substantial shareholder of L&M Group Investments Ltd with a 24 per cent stake. Nomura said it bought 16.05 million L&M shares at $1.68 per share on April 14. It was one of the two underwriters in Guthrie
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    • Article
      Rumours take toll on Bangkok Land shares
      412 5 But analysts say price fall of almost 1 Opc may be temporary BANGKOK The share price of Bangkok Land the biggest company on the Thai stock exchange has fallen nearly 10 per cent in the past two weeks amid fears of a rip
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    • Article
      Lock icon Analysts expect bull run in HK stock market to continue
      471 5 MARKET Reuter HONGKONG Hongkong's stock market, elated by the terms Hongkong and Shanghai Banking Corp's parent has offered for Britain's Midland Bank and by China's policy of economic reform, will charge into summer on bullish sentiment, analysts said. "The market
      Reuter  -  471 words
    • COMPANY BRIEFS
      • Article
        Tokyo bourse tightens up on corporate disclosure
        115 6 TOKYO The Tokyo Stock Exchange (TSE) will revise its guidelines to make corporate disclosure more timely and appropriate lor investors, a TSE official said. The TSE will distribute its revised guidelines to all listed companies later this month, and will instruct them to
        115 words
      • Article
        Bigger losses for Seoul's brokers
        86 6 SEOUL South Korea's top 10 securities houses recorded losses of an estimated 99 billion won (SSI9O million) in 1991, up from 6.07 billion won a year earlier, said a Securities Supervisory Board official. The board also said, in a preliminary report on the performances of
        86 words
      • Article
        Aircraft lessor sees more delays
        60 6 SEATTLE The head of the largest US aircraft leasing firm has said more airlines may be forced to delay planned deliveries of new aircraft because of financing difficulties. International Lease Finance Corp president. Steven UdvarHazy, said at least two major US airlines could delay delivery
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      • Article
        Hanson shake-up coming: report
        88 6 LONDON Chairman l ord Hanson is close to announcing a management shake-up at Hanson pic with the appointment of a chief executive for the first time, the Sunday Telegraph newspaper said, quoting Wall Street sources. It said the most likely candidate for the post is finance
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      • Article
        Pioneer starts broadcasting firm
        79 6 TOKYO Pioneer Electronic Corp. TDK Corp. and Tokyu Agency Inc have established a jointly owned company, which will start broadcasting music video programmes in July, the companies said in a joint statement. Music Channel Co Ltd. capitalised at one billion yen, is owned 50 per cent
        79 words
      • Article
        Hyundai not making PCs in US
        80 6 SF.OUL The Hyundai Group's computer arm. Hyundai Electronics Industries Co Ltd, has denied a news report that the South Korean group would transplant manufacturing operations to the United States. The New York Times reported in its Monday edition that Hyundai planned to transfer all
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    • Article
      Lock icon Shipping stock Yangming soars on Taipei debut
      350 6 Reuter TAIPEI Taiwan has begun privatising state-owned shipping giant Yangming Marine Transport Corp with a listing of the company on the stock market. The shares soared on their first day of trading yesterday to close at NTS 17.10 compared with their listing price
      Reuter  -  350 words
    • Article, Illustration
      Early birds get the first bite
      46 6 BEIJING The staff at Beijing's soon-to-be-opened McDonald's restaurant, the world's biggest, going through a dry run over the weekend with 680 invited guests. I he hamburger restaurant, a symbol of China's new affluence, is due to open on I hursday.
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    • Article
      Lock icon Mitsui Petrochem and Mitsui Chemicals consider merging
      256 6 AFP IOkYO Japan's Mitsui Petrochemical Industries I.td and Mitsui loatsu Chemicals Inc. both in the Mitsui business group. hate discussed a merger, company officials said yesterday. "I he possibility of such a merger was taken up by the two companies in the past,
      AFP  -  256 words
    • Article
      EIE Int'l to sell property unit to Cheung Kong
      277 6 HONGKONG EIF International. the cash-strapped Japanese property group, is to sell its Hongkong-listed property arm to Cheung Kong, the property development company owned by Ei Ka-shing. the colony's richest man. According to the Financial limes of London. EIF. Development had long
      277 words
    • Article
      Lock icon TI results better than expected
      206 6 Reuter DALLAS Texas Instruments Inc surprised Wall Street with better-than-expected first-quarter results that indicate cost-cutting moves by the electronics giant are working, say industry analysts. TI reported net income of USS4O.O million (SS66 million or USSO.3S per share for the quarter, compared with a loss
      Reuter  -  206 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      380 4 I OnlyTandon can offer you option aDo -it-Yourself Snap-In System We wish all upgradable PC's worked this way." PC Computing January 1992 TO UPGRADE YOUR OPTION. ST You simply remove the front panel of your computer. Slide 1 out and snap in the new module. The same way you pop
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      216 5 FORTHEPRICE OF AN EXECUTIVE ROOM! Yes, you get a suite with your own private lounge for only $340++. At an equivalent price, most other hotels only otter a bedroom and a shared Executive Lounge. So why settle for less when you can have more? More space. More privacy. More exclusivity.
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      140 6 J&&& {L.. iC The Power off Mobile Computing There is only one Avanti Notebook a computer so packed with features that no other notebook in Singapore can compare 25 FASTER: 25 MHz 32-Bit CPU Operates foster than any other 20 MHz notebook available BRIGHTER: 10" VGA Display is bigger than
      140 words
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  • FINANCIAL NEWS
    • Article
      Chase's Asia-Pac operations post 80pc rise in income
      389 7  -  By S N Vasuki SINGAPORE Chase Manhattan Bank, one of the world's largest banking institutions. has reported a hefty 80 per cent increase in operating income from its AsiaPacific operations during the first quarter of 1992. The bank's vice-president for its Singapore
      389 words
    • Article
      Lock icon HongkongBank opens office in Ho Chi Minh City
      270 7 Reuter HANOI The Hongkong and Shanghai Banking Corporation opened a representative office in Ho Chi Minh City yesterday, its first presence there since the Vietnam War ended in 1975, the bank's Vietnam representative said. Bill Cameron reached by telephone in Ho Chi
      Reuter  -  270 words
    • Article
      Lock icon Japanese banks plan fair competition guidelines
      256 7 Reuter TOKYO The Federation of Bankers Associations of Japan has said it is planning to set voluntary rules by July to restrict operations that may violate antitrust laws. "Draft guidelines, which the federation has worked out, have already been presented to each member bank,
      Reuter  -  256 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      172 7 '^yOUI/ Resort Living On The East Coast To many, experiencing the delights of the Riviera ilm? r f I m Mfc" JalH j! W J| To some, however, it can be an everyday experience. At Riviera Court, we If amHUl^captured the spirit of resort living. True to its name, we
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      Page 7 Advertisements Column 2
      56 7 ORDER FROM THE A,' .ftw 111 \R es J 0//la/'</u?</>JSP" jtrysyx-r' klktn&mdmtnn n 1 Orchard Road Stngapor..- Our latest model reflects THE 1 8 5 6 STATE OF THE ART. Handmade since ;«i6 II VlIlT MHIt IIANIfUlf Ml HC O CIVV (■UN OAUAS IINGAIOai IONOON MONOIWIU tOlTO HONG IONS Milt
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        Aussies' No 1 regional market is Asean, NIEs
        104 8 KUALA LUMPUR Asean and the three Asian Newly Industrialising Eeonomies of Hongkong. Korea and Taiwan have grown into the largest regional market for Australian exports, aeeounting for 27 per cent of its total merchandise exports during the second half of 1991. Australian
        104 words
      • Article
        Viet elections on July 19
        111 8 BANGKOK Communist-ruled Vietnam, which just approved a new constitution, will hold elections for its National Assembly on July 19, according to a transcript of the Vietnamese state radio seen in Bangkok on Sunday. On Wednesday, the National Assembly adopted a new constitution that guarantees the
        111 words
      • Article
        Easter gone, blackouts return
        69 8 MANILA The National Power Corp announced yesterday that power outages will resume in Manila this week after a respite due to the Easter Week holiday. A spokesman said electricity would be cut four hours a day this week in the capital and surrounding provinces. The Philippines
        69 words
      • Article
        Thai EC exports hit ceiling
        111 8 BANGKOK Nine items exported from Thailand to the European Community have already reached their ceilings under the EC concessional tax scheme, in the first quarter of this year. Six items cotton yarn, cotton fabrics, synthetic fibre, dresses, water-proof shoes and shoes with knitted upper which
        111 words
    • Article
      Record high seen for Thai garment exports this year
      298 8 BANGKOK Thailand's garment exports will reach a new record of 100 billion baht (556.4 billion) this year, the Bangkok Post reported on Saturday. Thai Garment Manufacturers' Association president Viroj Amatakulchai made his forecast during a press conference held last Friday to
      298 words
    • Article
      Lock icon Six Asian nations chalk up highest trade growth
      475 8 S'pore, HK, Taipei, Seoul, Beijing, KL seen by Gatt as a rising force n I .IA/limi Aci i n monn(i(« trt t »*>r* 11 ni tn mitni. AFP TAIPEI Six East Asian nations have been rated by the General Agreement on Tariffs
      AFP  -  475 words
    • Article, Illustration
      Lock icon Philippine election fray heats up
      474 8 Cardinal Sin's intervention and coup rumours jolt campaign Reuter MANILA The battle to succeed Philippine President Corazon Aquino in elections next month is heating up on the home stretch, jolted by coup rumours and the Roman Catholic Church's entrance into the campaign. Cardinal Jaime Sin,
      Reuter  -  474 words
    • Article, Illustration
      Lock icon Rao stamps his mark on India's Congress
      508 8 Reuter HRUPATI, India Indian Prime Minister PV Narasimha Rao emerged on Sunday from a party convention as a leader in his own right, party members and analysts said. "Rao has come into his own." said member of parliament Mukul Wasnik from the western
      Reuter  -  508 words
    • Article
      Lock icon S Korean growth slowed down in first quarter
      356 8 AP SEOUL South Korea's economic growth slowed down in the first three months of this year, and inflation and the trade deficit shrank too. the central bank said yesterday. A preliminary report by the Bank of Korea said the gross national product
      AP  -  356 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      89 8 sett" Wmo" 7i»| < >, If a? 7_ llf _^mkl Ir tßs^*'. -aGo on. Take the plunge with your partner and savour the tempting creations made from the season's freshest harvests: air-flown salmon, spring salads, tender poultry, game and mfli succulent meats served with truffle, walnut, roquefort, herb, chicory and
      89 words
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      Page 8 Advertisements Column 2
      7 8 Creaking banking system hindering economy, Pg 27
      7 words
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  • THE WORLD
    • Article
      Lock icon IMF predicts faster global growth next year
      611 9 Official sees 3.25 pc expansion for 1993 Reuter WASHINGTON A senior International Monetary Fund (IMF) official has brushed aside worries about a world recession and has forecast faster global growth next year. "Even if we see downward risk here and there, our expectation
      Reuter  -  611 words
    • Article, Illustration
      Lock icon Making sense of Greenspan's mumbling
      442 9 NYT WASHINGTON When it comes to Greenspan-speak, everybody is an expert. Stockbrokers translate his every utterance into buy and sell orders; bond dealers make their markets dance; the dollar wiggles, the mark jiggles. Such confidence is somewhat strange, because the sole practitioner of Green-span-speak, Alan
      NYT  -  442 words
    • Article
      Lock icon Tokyo fears more trade tension as economy slows
      656 9 Weak demand for imports and reviving export markets may cause problems AP TOKYO Rightly or wrongly. Japan's huge trade surplus is seen by many as proof that its markets are closed, its business practices unfair. That's why Tokyo officials are a bit
      AP  -  656 words
  • Page 9 Advertisements
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      475 9 NINE OUT Of TW HOTEL GUESTS WANT A ROOM WnHTHISmi It's no secret that every hotel guest prefers M l|H| m m I SINGAPORE CABLEVISION I a room with a lovely window view. H But the the view IN their room H SB K J 90% your guests H view
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  • Article
    Bosses, do your bit for health
    491 10 EDITORIAL AMERICAN business has diagnosed as its biggest eost problem in the 1990s runaway medical bills. Six in 10 CEOs of 200 Fortune 500 companies declared rising health expenses as one of their most pressing woes, while another one-third pinpointed the issue as their
    491 words
  • WHAT THE OTHERS SAY
    • Article
      Commonwealth blues
      250 10 TO BEGIN with, the Commonwealth of Independent States (CIS) was a misnomer. The states have little in common and still less wealth. Now into the fourth month of its existence. Ukrainian President Leonid Kravchuk has predicted an early death for this association of 11 former Soviet republics. This
      250 words
    • Article
      Promising cooperation
      162 10 THE opening of the Batam Industrial Park signifies the beginning of a new phase. Given the largeness of the Riau islands and their rich resources, opportunities for cooperation between Singapore and Indonesia are limitless. The two peoples would benefit from more exchanges in tourism and business. Cooperation between
      162 words
    • Article
      Beneficial scheme
      93 10 THE Institute of Technical Education is introducing a special apprenticeship scheme for working adults. The scheme would help to improve the skills ot working adults and hence their earning power. It would also increase the morale of workers and hopefully reduce the problem of job hopping. Employers should
      93 words
  • REGIONAL VIEWPOINTS
    • Article
      Help Afghanistan
      156 10 WITH the state of affairs in Afghanistan remaining fluid, there is concern that the UN role might recede. Nonetheless, it is not an easy task for the war-split Afghans to work for national reconciliation. We hope that all the parties involved in the dispute, mediating on the seriousness
      156 words
    • Article
      The fight against Aids
      157 10 THF. joint action between Malaysia and Thailand to fight Aids (Acquired Immune Deficiency Syndrome), STD (sexually transmitted diseases) and (JaJah abuse shows the political commitment of both countries in tackling such problems. Both countries recognise that what is more dangerous than the disease itself is the
      157 words
    • Article
      Coming home
      182 10 PRIME Minister Datuk Seri Dr Mahathir Mohamad made another call this week to Malaysian workers abroad to return home and work here. He pointed out that money should not be the sole factor to be considered. While the wage levels in Malaysia may be lower than in Japan,
      182 words
  • Article
    Lock icon Is recovery just around the corner?
    1191 10  -  The strong first-quarter profits of many US companies are giving economists some hope for the economy. Barnaby J Feder reports Barnaby J Feder NYT EARLY indications are that much of corporate America managed to wring better-than-predicted profits out of meagre overall economic growth in
    NYT  -  1,191 words
  • Page 10 Advertisements
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      158 10 I This announcement appears as a matter of record only. I I INVESTMENT•CORPORATION I I Pr Batamindo Investment Corporation I I *****,000,000 I I 5-YEAR TERM LOAN FACILITY I I Arranger I I SCHRODER INTERNATIONAL MERCHANT BANKERS LIMITED I I Lead Managers I I OVERSEAS UNION BANK LIMITED I I
      158 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      29 10 DOONESBURY BY GARRY TRUDEAU dmUM...I 300P- MVS I THINK OH, frr f/T INHOtf MAW- 7WOSHOULPNOT&MAR- HAVBA The W tWER 1^607 RJdP, LST THAT PERSON JS/, f&GON PRCOUM, JUST A
      29 words
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  • ANALYSIS
    • Article, Illustration
      The start of a new chapter
      1200 11  -  Australian Prime Minister Paul Keating sets foot on Indonesian soil today, a trip which is symbolic of Canberra's avowed regionalism, reports Tye Kim Khiat in Melbourne Tye Kim Khiat The writer is a Melbourne-based journalist who contributes to BT THE UNIQUE Javanese gamclan orchestra
      1,200 words
    • Article, Illustration
      Coming to terms with Asia
      1439 11  -  For much of this century, the white Australian man has excluded his Asian neighbours not only from his shores, but his thinking. Now things are changing. Kevin Clarke looks at how... and why it took so long Kevin Clarke The writer is an Australian who
      1,439 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      117 11 Hotel Melid Fantastico! (Only the Cioya Spanish Restaurant offers the fantastic taste of authentic Spanish cuisine) Tapas Temptation lapas is .1 very popular another >\ upas and a delightful array of dish in Seville. Southern Spain l'r< >111 I.V) April Spanish desserts for as little- as $3 00. you tan
      117 words
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      Page 11 Advertisements Column 2
      39 11 CARPET AUCTION 80 carpets and rugs from Persia, Pakistan and Afghanistan. All carpets are backed by a full trade-in guarantee at our showroom. LEE BOON CHUA Y PETER HEDGER 24A Lorong Mambong (Holland Village) Singapore 1027. Tel: 462 0028
      39 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1144 12 Nothing Beats A BudL ftHffifll where to wine, dine KINO QF A "Heavenly" Feast DAII Y SPECIAL Moil Superior Shark's Fin with Seafood $22.00 (per person) Tue Braised Whole Abalone with Oyster Sauce 16.00 each Wed Steamed Live Baby Lobster 5.00 /100g Thu Steamed Sultan Fish with Ginger 4.001 IOOg
      1,144 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      735 12 TELEVISION AND RADIO 'MMI #1111* »>-**<*# «*'■*<** m- .•:-•>:• ■t ■<■ 'im i ilffaMTi ito ni|^»O I WH^W»w: OoM*OTjW>rf-'* J < v;:-x-•. U|o J», >••:?•**» VI IMfl W"J TVip T Intnrnxm QrJrliw t8!S«&~. 3business on ramo A 11C U HiVllUWll OUlUlt/1 7.2S AM OpnnHig. 700 t« mm Q BBC. 85.9
      735 words
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  • LIFESTYLE
    • Article, Illustration
      Ravishing Miss Ross
      650 13  -  Diana Ross swept Nirmal Ghosh and her fans off their feet at her glittering concert on Sunday Nirmal Ghosh Diana ross has a smile with way too many teeth in it. And knows how and when to use it. That didn't faze the audience at the Indoor
      650 words
    • Article
      Gruesome images
      446 13  -  Susan Tsang disagrees that Tetsuo is a cult classic movie Susan Tsang rETSL'O comes with impressive credentials, which is probably why the movie sold out quickly here. Hyped as a cult classic, having won the grand prize at the Rome International Fantastic Film Festival, it broke the box
      446 words
    • Article, Illustration
      Celebrities serve Easter lunch for homeless
      522 13 CHATTERBOX SOME 5.000 homeless people were treated to an early Easter meal served by Jack Klugman. Cesar Romero and other celebrities at the Los Angeles mission. "You come down here and you're in a different world." Romero said, as he prepared a lunch of
      522 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      184 13 I AND ENTERTAIN j^K Take your secretary to lunch on a sumptuous buffet spread and enjoy the latest local fashions along the way... Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Asian Seafood Friday Italian Raptures Saturday International Lunch is served from 12.00 noon to 2.30 pm. Sponsors:
      184 words
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      Page 13 Advertisements Column 2
      105 13 BOSS AN D SECRETARY •jl 'fltL 5 TOGETHER Boss is seen chatting (above) with secretary at Phoenix Coffee House. They enjoy a Secretaries' Week set lunch together. Later they H laugh and joke over dessert and coffee. Says secretary: "Naturally, we phoned ahead for a reservation". Comments boss: "It was
      105 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      322 14 VALUE "-."A T l .--U-' —FTf Yj 'J 5 > \MT 11 Mi BMIH I I L ill In A WgßsF^ 'Hivr'. I 7vSr■■'• M/IWifA t MaUm f' JBTL fl P IN H mßblbßb^B^^lß ■I V '^2id||H f»' HH Husbands, Wives And flffllDßFN DELIVERED FRESH DAM. The Concourse Shopping Mall
      322 words
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  • FOCUS
    • Article, Illustration
      Lock icon Down the yellow brick road
      1107 15 Is Czechoslovakia equal to the challenges that its Big Bang is going to throw up in its face? NYT IF THERE were a book on how to make the leap from socialism to free markets, one might guess they wrote it in Czechoslovakia. In the
      NYT  -  1,107 words
    • Article, Illustration
      Lock icon Havel's quest threatened by ethnic politics
      744 15 Popular president's bid for seeond term mav be held hostage by Czeeh-Slovak rift NYT PRESIDENT Vaclav Navel decided last week to seek reelection. a move that appears to make it likely that he will win a second term, starting in June. More than any
      NYT  -  744 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      341 15 SALUTE TO SECRETARIES 20 2 4 APRIL 1992 Our Secretaries' l\eek Promotion offers mouthwatering cuisine to win orer even the most overworked secretary. An international huffet treat am secretary r*t" X-f would appreciate. Includes a fashion show. ||W Ar j. lurk\ draw. door gifts plus a hHuh# complimentary glass of
      341 words
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  • INNOVATION & TECHNOLOGY 1
    • Article, Illustration
      Lock icon Unisys: back from the dead
      1145 16  -  After three of the worst years in the US computer supplier's short history, there are signs of a turnaround at last. Still, its health remains delicate in an unfavourable environment. Alan Cane reports Alan Cane FT UNISYS, once second only to International Business Machines among
      FT  -  1,145 words
    • Article, Illustration
      Lock icon Revised patent system will benefit S'pore inventors
      369 17  -  Ang Wan May reports on the new Patents Bill that is estimated to be ready in two years Ang Wan May INVENTORS stand to benefit when the revised patent system is implemented, since it will cut down on some tedious application procedures, thus
      Source: National Science & Technology Board  -  369 words
    • TECH TAKES
      • Article
        Cold Storage to install ICL scanning system
        62 17 SINGAPORE The Cold Storage supermarket chain will invest more than $3 million in the Orion vertical scanner, a new point-of-sales (POS) system from ICL. The system comprises the ICL DRS 6000, which will be located at Cold Storage's headquarters in Jurong, and ICL's
        62 words
      • Article
        Security conference in May
        65 17 SINGAPORE Asia's first international conference on information security will be held here next month. The event, IFIP/SEC '92, is organised by the International Federation for Information Processing and the Singapore Computer Society. About 400 delegates from around the world are expected to attend the conference, which
        65 words
      • Article
        Extending shelf life of skin
        111 17 CAMBRIDGE, Massachusetts A small company has patented a technique to extend the shelf life of human skin that is grown in a laboratory so that it can be shipped long distances to patients who have been severely burned or injured. The method was developed by
        111 words
      • Article
        Acid test for etching images
        237 17 NEW YORK Working from the premise that the effects of most chemical reactions can be achieved through electrical reactions as well, a professional artist and her husband have invented a way to etch images onto metal plates without using dangerous acids. Etching pictures on metal
        237 words
    • Article, Illustration
      Lock icon New findings on cholesterol and elderly
      710 17  -  A new study indicates that cholesterol levels do affect the health and lifespan of senior citizens, contrary to current belief. Jane Brody reports Jane Brody NYT IN FINDINGS that challenge traditional medical treatment of the elderly, a nine-year study of New Yorkers has found
      NYT  -  710 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      165 16 Only SEEDLESS CHILLIES are used in our FISH HEAD specialty. TANBUAH NAS Indonesian Restaurant 52 z a < 2 MORTGAGEE AUCTION Wednesday 27th. May, 1992 at 3.00 p.m. On Sice. Under instruction from BNY Corporation Limited as Mortgagee. (A.C.N. (KM) 977 980) Put a cask cow to work onyour balance
      165 words
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      Page 16 Advertisements Column 2
      276 16 f Pnnnorc Professional o i L a Education 1992 &Lybrand Infonnation System Security, Control And Audit Important news for EDP Auditors and Finance and EDP Executives! "For those excutives involved in information system security, control and audit,here is the chance to tap our knowledge and experience in information security and
      276 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      144 17 The new German way to fly: more enjoyment to shorten your long journey. Lufthansa. There's good news for all those who fly to Frankfurt on business or holiday. Effective 6 May, Lufthansa will have 9 non-stop weekly flights to Frankfurt. Secondly, our Business Class cuisine has joined First Class as
      144 words
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  • SPORTS
    • SIDE LINES
      • Article
        America3 beats Conner's yacht
        70 18 SAN DIEGO Anterica3 recovered from a slow start to defeat Dennis Conner's Stars atul Stripes here on Sunday in the first race of the America's Cup defender trials. In the first race of the best-of-nine challenger finals. New Zealand led from start to finish to beat
        70 words
      • Article
        Yzaga clinches Usta title
        90 18 TAMPA, Florida Jaime Yzaga of Peru beat MaliVai Washington of the US 3-6. 6-4. 6-1 to win the rain-inter-rupted final of the U*****.000 (U*****,000) Usta men's clay courts of Tampa tennis tournament last Sunday. In a fluctuating match in which the tide twice turned dramatically, Yzaga
        90 words
      • Article
        Six weightlifters suspended
        65 18 SOFIA Six top Bulgarian weightlifters have been suspended for two years for alleged doping, the head of the country's anti-doping commission, Vitan Vlakhov. said on Sunday. However, national coach Nourair Nourikain described the drug test results as "absurd" and said the ruling was part of a "dirty
        65 words
      • Article
        Steve Davis ousted in first round
        90 18 SHEFFIELD, England Steve Davis, six times world champion, fell at the first fence in this year's event, sent crashing by the unranked and unfancied Peter Ebdon here on Sunday. Ebdon. world junior champion in 1990 and in his first season as a professional, caused
        90 words
    • Article, Illustration
      Lock icon Love sets record at Heritage Classic
      381 18 AP HILTON HEAD ISLAND. South Carolina Davis Love 111 on Sunday became the first golfer to win the Heritage Classic three times and only the second to win it twice in a row. "It's a great feeling to win this three times, for sure."
      AP  -  381 words
    • Article
      Lock icon Rodgers misses Boston Marathon yet again
      495 18 AP BOSTON The Boston Marathon began yesterday without one of its most revered competitors "Boston" Bill Rodgers. For the second straight year. Rodgers. winner of the Boston Marathon four times in 13 starts, was missing the race because of injuries. Instead. Rodgers had to
      AP  -  495 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      3566 18 (vf) an issue (otherwise than pursuant to a rights issue available to al Shareholders, requiring 8 Article 73 JV MHV an adjustment under Clause 12(a) (iv) or 12(a) (v) above) by the Company of shares in the Article 73 shall be deleted in its entirety and the following be substituted
      3,566 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      UIC shares dominate otherwise quiet market
      4033 19  -  By William Chia ACTIVE TRADING in United Industrial Corporation dominated a quiet market yesterday following the company's announcement last Thursday that it would ally itself with the United Overseas Bank group. The key Straits Times Industrials Index finished 2.18 points higher at 1,412.79 from
      4,033 words
  • Page 19 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2922 20 Spore BusF 500 645 25 3.7% DBS foreign 1260 20 I 6% SI A 12.10 -20 1.7% SI X Foreign I860 +20 +11% Spore Bus 500 625 M5 2.5% DBS 11.10 10 0.4% NOI. Pref 10* 510 MO >2 0% Robinson 545 *10 1.7% SPH
    2,922 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      122 20 I. Shinel YOUR KEY TO BETTERBUSINESSDECISIONS! Shine is Singapore Press Holding?' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia IB videotext system in the world. For
      122 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3269 21 NtISC Foreign 4 l N) -20 +4..VV Oriental Hldgs 610 +10 +1.7% M\S 440 fl«>% t hoc Prod 50" 7»>' +6'M Resources ""H 1 f 5' *-7.5% Ditalop Est 161 s v 3.2% 1 nnO 50 s 436 4 0.4% Xlconi 16S 3 l.X% M
    3,269 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      249 21 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
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      182 22 Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Templeton Apr 16 Dec 91 US$*****($58 034) 39 5(36 3) 2100(1500) COL Apt 14 Dec 91 HK$80 737(S10.761L) 2 7(-) -<-) HSBC Apt 14 Oec 91 $5,664 ($3 096 35(1 9)
      182 words
    • Article
      INTERIM RESULTS
      339 22 Company Date Half-year Croup pre-tax Interim ann to profit/loss (L) dividend (000) New World Apr 1 Dec 91 HKf 1.?76d<SS21 808) 21(16) Burw.ll Mar 31 Dec 91 NK$M.//9<$11 169) 25(25) H Leong Credit Mar 31 Dec 91 M$?8 558<$19 470) 3(3) Insas Bhd Mar 31 Dec 91 MJ2253L(S5?
      339 words
    • Article
      APPROVED ISSUES
      222 22 Company Rights Issue Bolton Issue of $90 978m nominal amount ot 35% Redeemable Unsecured Guaranteed Bonds 1992 97 with 4b 489m detachable ISRs on the basis ot $2 nominal amount ot Bonds tor every three ensting shares held Ei-datf Apr 15 Books close Apr 30 Acceptance Payment NYA
      222 words
    • Article
      PRELIMINARY RESULTS
      685 22 Company Date Ycir Group pro-tax Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Dunlop Est Apr 16 Dec 91 M$146.821($3 803) 15(-) 7.5(5) M Resources Apr 15 Dec 91 M$ 1.800 ($1,762) 0 7(0 6) Perlrs Plant Apt 13 Dec 91 MS*****7(S204 043) 496(52
      685 words
    • Article
      DIVIDENDS ANNOUNCED
      1626 22 Current Ex Books Date Total for Total for payment date dose payable t* year last year Hona 5% Jun 5 )un 18 Jul 2 12 2% 1CK.TE farted Enf 50c 6%TE(I) Apr 15 Apr 21 Apr 30 6%TE 12%IE Avroo 20c 125%TE Mar 3 Mar 13 May 15
      1,626 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      376 22 In local curr In S$ In I S$ S d> S >r S d) S jr S d> S >r Apr 17 Imk'v chge chge chgf chgt- chge chge World 391.6 -4). I -4.1 -0.2 -6.0 -0.2 -X.I JEM-F 4M>.7 -0.5 -7 1 -04-113 -0.4-133
      376 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    596 22 Relative Strength Index: I his 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:
    CHARTS BY BRIDGE  -  596 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower as selling pressure picks up
      4971 23 Bernama. Reuter LIGHT liquidation pressure from the laek of leads led share prices in the Kuala Lumpur stock market to a lower close yesterday in thin trading. "With no fresh factors to boost sentiment, selling activity increased as trading progressed." a broker
      Bernama.; Reuter  -  4,971 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon New move against PM dampens prices
      2303 24 Reuter THAI STOCKS ended lower as investors sold on news that opposition parties were organising a big rally later yesterday to protest against the premiership ot" Suchinda Kraprayoon. a non-elected Member of Parliament, brokers said. "It has created political uncertainties that discouraged most people
      Reuter; Source: Bridge Info  -  2,303 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market eases on first day in private hands
      1138 24 LACK of fresh money kept Jakarta stock trading slow yesterday, with turnover falling sharply to 2.81 million shares from the previous 4.16 million, brokers said. They said there was no major movement on the first day that the exchange was being run
      Source: Bridge Info  -  1,138 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      11 24 HERPES Why kissing isn't safe anymore GET IT NOW GO APRIL
      11 words
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      Page 24 Advertisements Column 2
      412 24 NOTICES NEPTUNE ORIENT UNES LIMITED U5520,000,000 Floating Rate Notes Due 1992 In accordance with the provision of the Notes, notice is hereby given that for the six months period from 21 April 1992 to 21 October 1992, the Notes will carry a rate of interest of 4.5625% per annum with
      412 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower, but Nikkei stays above 17,000
      2785 25 Reuter TOKYO STOCKS closed sharply lower but the Nikkei Average clung to the 17.000 level on some last-minute buying. It lost 509.33 points, or 2.90 per cent, to 17.071.36. Brokers said futureslinked programs and individual small-lot selling squeezed prices while most investors
      Reuter  -  2,785 words
  • Article
    STOCK EXCHANGE OF HONGKONG
    2059 25 Vol Apr 16 HKS High Low (TOO) PE ASM Pacific 1.740 unch 1.740 1.740 20 9.0 Allied Ind Int'l 0.660 unch 8.5 Allied Oversea 0.750 unch 0.750 0.730 1215 7.4 Allied Ppl 1.090 unch 1.100 1.080 674 5.1 Mlied Ppt W93 0.370 -0.020 0.390 0.370 230
    2,059 words
  • Page 25 Advertisements
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  • Article
    AUSTRALIAN STOCK EXCHANGE
    1445 26 Vol Apr 16 Cents High I>ow (*00) ACM Gold 53 AFP Group 13 AMCOR 700 6 705 698 4635 Aberfoyle 416 unch 416 416 659 Adelaide Steamship 24 unch 25 24 1700 Advance Bank 505 unch 505 500 72 Alcan Australia 156 unch 156 156 1 Ampol
    1,445 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks close firmer in mixed trade
      • Article
        SEOUL
        840 26 SEOUL STOCKS closed slightly higher in mixed, moderate trading yesterday as smaller issues gained but largecapitalisation shares remained lacklustre, brokers said. "Most investors remained cool today. They know that companies need money most of this week to pay their taxes," said Won Chul Hee of Lucky Securities. The Composite
        840 words
      • Article
        MANILA
        562 26 SHARE PRICES on the Philippine stock markets closed mostly higher yesterday on account of the strong performance of Philippine Long Distance Telephone Company. The counter rose 20 pesos to 880. The Manila Stock Exchange Composite Index inched up 5.42 points to close at 1,176.22. Brokers said that investors had
        562 words
      • Article
        TAIPEI
        578 26 TAIWAN STOCKS wavered narrowly yesterday before finishing the session slightly higher across the board as investors were unwilling to sell at low levels, brokers said. The weighted index finished 19.93 points higher at 4,547.74. Turnover was a very thin NT511.66 billion against Saturday's half-day trading of NTSI 1.7 billion.
        578 words
      • Article
        INDICES & TURNOVER
        53 26 INDICES TURNOVER Close Previous Apr 20 NEW ZEALAND NZSE-40 Capital closed 1.410.69 MANILA Composite Index 1.176.22 1.170 80 5.42 Turnover (million pesos) 172.25 135.04 37.21 TAIPEI Weighted Price Index 4.547.74 4.527 81 +19.93 Turnover (NTS billion) II 66 11.70 -0.04 SEOUL Composite Stock Index 587.81 587.79 +0.02 Turnover (billion won)
        53 words
      • Article
        Untitled
        142 26 New Zealand Apr 16 NZ Cents VolfOO) ANZ Banking 570 +5 26 Bank Of NZ 64 1 1765 Baycorp Brierlev Inv 95 unch 5582 Carter Holt 244 2 3722 Cavalier 290 290 30 Ceramco 260 6 680 Corp Inv 41 unch 2254 Cultus Pet Donaghys 245 5 13 Euronational 21
        142 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Rising number of US firms redeeming bonds
      565 27 Declining interest rates prompt move NYT NEW YORK To the dismay of investors and the delight of corporate treasurers, the steady slide in interest rates in the US over the last three years has prompted a rising number of companies to redeem billions
      NYT  -  565 words
    • Article
      Lock icon South Korea's creaking banking system hindering economy
      378 27 Reuter SEOUL South Korea is still a cash society but the largest banknote buys less and less in these inflationary days. The dark green 10,000won bill is worth just U5512.82 (5521.27), enough to buy about four hamburgers, eight apples or three rolls of
      Reuter  -  378 words
    • Article
      INTERBANK FOREX RATES
      362 27 Cross rates Apr 20 I l!SS SS MS Dm Yen Sir AS NZS LSS 1.6645 2.5520 1.6710 134.20 0.5731 1.5460 1.3038 1.8416 SS 0.6008 1.5332 1.0039 80.6248 0.3443 0.9288 0.7833 1.1064 MS 0.3918 0.65 0.6548 52.5862 0.2246 0.6058 0.5109 0.7216 Dm 0 5984 0.9961 1.5272 80.31 0.3429
      362 words
    • Article
      MONEY MARKET
      548 27 Interbank rates S$ Offer Overnight 3 1/16 3 3/16 1-month 3 1/8 3 1/4 2-month 3 3/16 3 5/16 l-month 3 1/4 3 3/8 Overnight mode: 3-1/4 ISS Bid Offer 7 days 4 4 1/8 1 month 4 1/16 4 3/16 2 months 4 1/16 4 3/16 3
      548 words
    • Article
      Greenback closes steady to firmer in quiet Tokyo trading
      472 27 REPORTS Tokyo: The dollar ended firmer against the yen and steady against the mark yesterday after quiet trade, with the Hongkong and European markets closed for the long Easter weekend, dealers said. At 0630 GMT, the dollar ended at 134.22 yen
      472 words
    • Article
      FINANCIAL FUTURES
      1232 27 S1MEX EURODOLLAR Open High Low Setl Est Vol Act/Vol Op/lnt Jun 92 95.76 95.77 95.75 95.77 5605 4990 ***** Sep 92 95.42- 95.42 95.37 95.37 *775 ***** ***** 95.41 Dec 92 95.72- 94.72 94 65 94 65 5050 8929 8453 95.70 Mar 93 94 47- 94 47 94.39
      1,232 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Kuwait to seek increase in its Opec output quota
      544 28 It says money needed for losses from Gulf War KUWAIT CITY Kuwait is preparing to begin lobbying for a much larger oil production quota when Opec's oil ministers meet on Friday in Vienna. It is a little more than a year
      544 words
    • Article
      Lock icon Japan's ethylene makers cut output in anticipation of lower demand
      536 28 Reuter TOKYO Japan's ethylene producers, fearing a possible fall in demand this year as the domestic economy slows, have started to cut production. The Institute of Energy Economics of Japan projects that ethylene production in fiscal 1992, ending March 1993,
      Reuter  -  536 words
    • Article
      KL tin closes unchanged, awaiting LME's lead
      601 28 REPORTS THE PRICE of tin remained unchanged at M 514.50 per kg on the Kuala Lumpur Tin Market yesterday on lack of encouraging leads from overseas, especially with the closure of the London Metal Exchange (LME) for the long Easter holidays. Dealers said
      601 words
    • Article
      Lock icon Higher world palm oil output expected for 1992/93
      374 28 Reuter KUALA LUMPUR World palm oil production will rise to 13.6 million tonnes in 1992/93 (OctoberSeptember) from 12.3 million in 1991/92 and 11.4 million in 1990/91. says the editor of the Hamburg-based Oil World newsletter. Siegfried Mielke told a palm oil forum
      Reuter  -  374 words
  • Article
    PRICES
    703 28 J^^llliW<WWIMIWWWlWMW1lfiWtrHiWTT- -•'••f t- v rt)1Tm»HFI*wi >■ mrjl—Wwnii»r mmW IWmn arrr 11 r «»*W mVQMNM* Palm Oil KLCE PMJN FUTURES Apr 20 Delivery Opening Sett Av ol O/p Month Buying Selling Price Price High Low Done IIOQhrs Mav 92 91 ON 930N 918 917 916 83 f509 Jun 900 907
    703 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      406 28 __B_U SINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Quek Khuay Cbuah of 95, Joo Chiat Road, Singapore 1542, have applied for a Fust Class Beer House Licence in respect of premises at M/s Sin Huat Coffee
      406 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1219 29 City Flight ETA Flight ETC <Un Pfcahi GA893 1345 GA974 0005 Adoteido SQ228 2025 QF82 2205 Anntordam KL837 1255 SQ24 0115 GA893 1345 GA892 0250 SQ323 1815 KL838 2240 Athon SQ348 2300 Auckland N235 1550 SQ285 2115 NZ36 2355 Baiikpapan GA525/910 1755 Bandar Seri BI421 1105
    1,219 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Getting hit by Mother Russia
      706 29  -  LETTER FROM MOSCOW By James Flannery Getting a visa for Russia can be a terrible chore for visitors. Arrival brings on Moscow Shock. Soon after that Moscow Belly. By then you're ready for anything and there's plenty of that in this city, experienced in fending
      706 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      142 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2675 1.2775 Canadian dollar 1.3945 1.4045 NZ dollar 0.8925 0.9235 Sterling pound 2.8880 2.9080 US dollar 1.6575 1.6675 Local dollars to 100 units of foreign currency Austrian schilling 14.00
      142 words
    • Article
      WORLD TRADE EXHIBITIONS
      66 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April-May International Fair Buenos Aires. Interexpo 541-*****1 May 21-24 2nd Asia Expo in Germany Headway Trade (852)*****21 on Construction Argentina Sudamericana Hamburg FairFairs Ltd Fax:*****64 Materials St SA ground Technology May 25-29 Technology for Dusseldorf. Dusseldorf (49(211/*****1
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      38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europa from atari to Finnish
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      24 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
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      135 29 TWO-W It's true, you can actually communicate with our ads and they'll respond! Incredible? Not if you re talking about advertising in the latest state-of-the-art electronic high-tech media. Ifs called Shine Singapore Press Holdings' inforich database on Teleview which incidentally is the most advanced videotext system in the world Shine
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      269 29 1 Cases of eviction? (3.3,7) 10 Out place 11 A unit is ordered to some- 10 go in (4) 13 Leader ridiculed in 14 Hoax article used as a tail- Hh 17 Mean to assert one's se18 111-mannered dog? (7) iIT~ 19 A number keeping secret a telling off (7)
      269 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      161 29 Singapore Outlook: Fair, except for showers over a few areas ia the afternoon. Report: Maximum temperature 34.6 Assoc humidity 55% Minimum temperature 25.3 Assoc humidity 94% Hours of sunshine 8.90 Rainfall in mm Trace Rainfall this month 126.6 Rainy days this month 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/08
      161 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      39 29 NOu) rm GCTTHG LOOK JOM6S UC-'fc£ flu. 6»STbU>—I^DAfeVOU 1 VlS 1 38 or lFgi£ND5 HegC J'VC AN eiOTRencLV fcjD£. TO rnGSSfcS MVLCS/ rCvs fcUDGe VCU Ve SIGNED/ a Oj 1 fTINmVNRME..., y^\? e> —®hl§l\ ASSOCIATED NCWS*A*£RS LTD.. IM2-IMI fc*>o
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  • Article
    Lock icon Hanoi, KL sign economic and technical accords
    519 30 Viet Premier supports idea of East Asia Economic Caucus AFP HANOI Vietnam and Malaysia signed three economic and technical accords here yesterday, after visiting Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad said he hoped Vietnam and Laos would soon become full Asean
    AFP  -  519 words
  • Article
    Lock icon China navy told to beef up forces in bid to defend disputed waters
    382 30 AFP BEIJING China's most powerful military body, in a clear warning to neighbouring countries, has ordered the navy to beef up its forces to defend disputed waters and their natural resources, a report said yesterday. The Central
    AFP  -  382 words
  • Article, Illustration
    Lock icon Deng launches second media drive to push for reforms
    319 30 Reuter BEIJING The architect of China's economic reforms. 87-year-old Deng Xiaoping, has begun a second media drive against opponents in an article published in southern newspapers. Mr Deng has been battling hardline Marxists since the beginning of the year to try
    Reuter  -  319 words
  • Article
    Lock icon Phnom Penh factions sign UN pacts on human rights
    334 30 AP PHNOM PENH The notorious Khmer Rouge and the other Cambodian factions signed two United Nations conventions on human rights yesterday as UN Secre-tary-General Boutros Bou-tros-Ghali looked on. Dr Boutros-Ghali also urged the international community to give US$593 million (SS9B4 million)
    AP  -  334 words
  • Article, Illustration
    Time may be ripe to pick up M'sian stocks
    852 30  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is the Editor of BT INVESTING has never been an easy game. Right now. the choice is even more difficult. Singapore-dollar fixed deposits, a favourite with risk-averse Singaporeans, are currently yielding their
    852 words
  • Article
    Lock icon Tokyo minister linked to Indonesian aid project: report
    261 30 AP TOKYO Officials said yesterday they are checking details of a report that Foreign Minister Miehio Watanabc has links with a group of Japanese companies working on a major foreign aid project in Indonesia. Officials at the Foreign Ministry refused to comment
    AP  -  261 words
  • Page 30 Advertisements
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      50 30 f Singapore's most popular Nitsuko Key Telephone System J NEW YORK WALL STREET PROPERTY Located across from NEW YORK STOCK EXCHANGE 67 storey building. Net Rentable Area approx. 1.1 million sq ft. Foreclosure Proceeding in Process PRICED AT SUBSTANTIAL DISCOUNT TO THE MORTGAGE Call Lee Hon Kiun for further details
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      Page 30 Advertisements Column 2
      233 30 Advertisement 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 edge dedicated Financial Database Administrators in in today's fast market cycles. each country ensure responsive and accurate
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      95 30 SINGAPORE CO/M/MCJ Distributor of the most sought after Key Telephone System Tel: 278 7088 J I KHAW AND SONS The absolute advantage of being bilingual Our bilingual teachers offer I you intensive training at all I levels in small groups. I Mandarin for Beginners In-house Mandarin for Executives I language
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  • Shipping Times
    • Article
      PSA may waive penalties for port congestion delays
      411 31  -  By Dexter Lee SINGAPORE Shipping lines which miss the Port of Singapore Authority's transhipment deadlines because of berthing delays can apply for a waiver on penalties. Affected carriers can also apply for rebates which they would have otherwise earned had it not
      411 words
    • Article
      Petronas revises tanker chartering policy
      351 31  -  By Khaidir Abd Majid KUALA LUMPUR Petronas has apparently changed its policy of awarding short-term chartering contract for coastal product tankers to a longer period. However, the catch is that the vessel to be provided will have to be newbuildings. In a recent advertisement on
      351 words
    • Article
      Lock icon Bunker trade gets more competitive
      628 31 S Korea, Taiwan step up promotion to compete against S'pore Reuter SINGAPORE Ambitious bunker fuel salesmen in South Korea and Taiwan are stepping up their promotion activities but their competitors in Singapore, the world's busiest refueling port, say they are not worried about it. "Korea
      Reuter  -  628 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      840 31 Page Col j ABC Containerize 12 I I Accord Group 8 1-3 APL 5 3-5 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 The Bank Line 9 5
      840 words
    • Article, Illustration
      Sabah Shipyard to be injected into listed firm
      640 31  -  Move will facilitate fund-raising exercise for yard From Rahita Elias in LABUAN LABUAN-BASED Sabah Shipyard Sdn Bhd. which until recently was a money losing concern, will be injected into a listed company in about six months. This was disclosed yesterday at a
      640 words
    • NEWS SUMMARY
      • Article
        A major hub in south Asia
        54 31 THE PORT of Colombo, which is undoubted!) the leading port in south Asia, is regarded as among the best 25 ports in the world. The Minister of Ports and Shipping. Alick Aluvihare. is confident that Colombo would continue as the main transhipment point in
        54 words
      • Article
        GM sets up technical centre in Japan
        64 31 GENERAL MOTORS Corp opened a major technical centre in a Tokyo suburb last Friday that is to serve as the US automaker's strategic base to promote auto parts sales in Japan. The GM Asian Technical Centre, located in Akishima City, is aimed at
        64 words
      • Article
        Report favours buying McDonnell Douglas
        41 31 AN initial government report concludes that the Taiwan Aerospace company should proceed with its plan to buy up to 40 per cent of McDonnell Douglas* commercial aircraft operations. Taiwan's Economics Minister said last Saturday Back Page
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      • Article
        Two killed in tanker explosion
        27 31 A SERIES of explosions rocked a Hongkong-owned oil tanker in the South China Sea yesterday, killing two crewmen, officials said Back Page
        27 words
    • LOG BOOK
      • Article
        Beirut flight to Tripoli cancelled
        61 32 Beirut Lebanon's national airline cancelled a flight to I ibva on Sunday despite the country's refusal to support sanctions against its North African ally, sources at Beirut international airport said. Ihe sources said Middle Last Airlines cancelled its weekly flight to Tripoli, redirecting it instead
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      • Article
        Nissan's output of cars reaches 40m mark
        88 32 i OKYO Nissan Motor Co l td announced that its cuniu1111\c domestic production ol passenger cars has reached the -tO-million-unit mark last month. In a release earlier this month. Nissan said that the cumulative production ot the Snnny/Sentra models of 10.11 million units
        88 words
      • Article
        Bomb threat forces jet to land
        71 32 ISTANBUL An Air-India flight from London to New Delhi made an emergency landing in Istanbul on Sunday after the Indian airline received a bomb threat against it, airport police said. All 207 passengers and crew were evacuated after the plane, a Boeing 747, landed
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      • Article
        PAL acts to meet growing demand
        108 32 MANILA The Philippine Airlines is replacing its aircraft to meet the increasing demand for international as well as domestic travel. PAL said it is replacing its Boeing 737-300 with the larger Airbus A3OO on two flights weekly to Jakarta. The Boeing 737 service to
        108 words
      • Article
        Ferry strike leaves 1,000 stranded
        95 32 CEUTA. Spain More than 1,000 people were stranded overnight from Saturday to Sunday in this North Alrican Spanish enclave bv a ferry strike, local officials said on Sundav. Some 400 beds were set up in army barracks for those stranded, many of them Spanish tourists
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      • Article
        Riot by Siberian taxi drivers
        81 32 MOSCOW A Siberian market run by traders from fertile southern areas of the Commonwealth of Independent States stayed shut on Sunday after local taxi drivers rioted and destroyed the market's goods, Itar-Tass news agency said, l ass said taxi drivers burst into Novosibirsk's central market
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    • Article, Illustration
      Lock icon A major hub in south Asia
      1027 32 The port of Colombo has become the main transhipment point in south Asia. It has embarked on several projects to stay ahead Lloyd's List THE PORT of Colombo, which is undoubtedly the leading port in south Asia, is regarded as among the best 25
      Lloyd's List  -  1,027 words
    • Article
      THE SHIPPING GUIDE
      12950 40 This is a list of ships loading at Singapore for ports around the world. It tabulates. b> destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      12,950 words
    • Article
      SHIPPING AGENTS
      3595 45 A A S.K( C ontainerline N\: Bclsin Shpg Agencies Pte It J (S); Marine Handling Sdn BhdiPKPN) Vccord (.roup: Vccufil Shpg Pte I id (S). Accord Conlr Line (PK PN). \dkris Business C orporation Philippine C'alsource Shpg Jt Trdg Pte Lid (S) Vhrenkiel l iner Servke Kim Shpg
      3,595 words
    • Article
      COURIER SERVICES
      306 45 \bacus C ouriers Lei 545-8011 Fax: *****98 Air Express Iravel lei: 533-5771. Fax: *****44 Xirborne Freight Corporation Tel 542-8844 Fax: *****16. *****80 Airswift Worldwide ouricr Tel: *****188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421 Fax ■******5. C its -1 ink International Tel: 344-3377. Fax: *****50 luster
      306 words
    • Article
      AIR FORWARDERS
      1540 45 Abex Express Freight Tel: 542-7171. Fax: *****84 \ctinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822 Fax: *****20. Xerolink Freight International Tel: 545-8033 Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo \o»o F xpress Tel: 542-5454 Fax *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50
      1,540 words
    • Article
      PORT CONDITIONS
      2957 46 ARGENTINA Labour working normally. Buenos Aires: Port working normally; berths regularly available; no waiting time. San Ixxenzo: Port busy; 7 vessels in port of which 4 loading grain. 2 loading by-products. 1 discharging chemical products; 4 vessels anchored in roads awaiting berth of which 2 to load grain.
      2,957 words
    • Article
      SHIP SALES & TANKER RATES
      1359 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers El Delantero: 131.260 dwt and built Jan 1974 Nippon Kokan. definite sellers. Emma D P Seconda: 54.562 dwt and built 1973 Tirreno Riuniti, ideas USS4 million (USS2.S million declined) as brokers try USS3 million. Alexita: 120.608 dwt and built Nov 1972
      1,359 words
    • Article
      AIR FREIGHT SCHEDULE
      637 46 ARRIVALS DEPARTURES Op Hijchi 1 >fH F. IX 1 From Op Flight 1 > pc FID 1 lo TODAY TODAY NCA KZ203 H747F (M 45 1 NR F SIX SQ802 B747F 0230 ■> D/ XKI KM. KF697 H747F 0150 1 SF.I NCA KZ204 B 7 4 7
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      CRUISE & FERRY SCHEDULES
      549 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep Name of Vessel ETA KIP Ports of (ills Port Agent APRIL 23 23 Asean World (WOO 1800 Sin-Jakarta Sembawang Johnson 23 23 Royal Pacific 1000 1X00 Sin-Jakarta Ocean Trade C hartering 14 24 Cora Princess 1000 1K00 Sin-Jakarta Harpers Shipping 25 25 Ocean
      549 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        656 47 Vessel Vov No Bcith Vrivai Departwe Vessel Voy No Berth Arrival Departure Marina Terminal 1 Batam Mumi *****? MW alongside ?104 ObOO Batam Sayang *****? M04 alongside ?l 04 0500 Batarmndo 1 18/S M0? alongside ?0 04 1900 Bint Bahagia *****? MOI alongside 21 04/2300 Citra Jaya
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      • Article
        IN MALAYSIAN PORTS
        239 47 jooore ron Berth: 1: ml; 2: Hsin Ta. Applause; 3: Ding An; 4: Swift Wings, 5: Sincere No 5; 6: Barzan 01 jetty: Kraton. DCJ: Golden Frontier Due on Apr 16: Jovian Lilac. Pangeran, Green Sea. Kokuei Maru No 3. Shenandoah. Bangkachai. Wan Hai 206. Due on
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      • Article
        CONTAINER SCHEDULE
        2018 47 I CONTAINERS IN PROGRESS a* Voy No Containers avaiable a* Voy No Containers vabMe Estebrugge 06N 1904 92 0930 Pac Arrow 23/127 COO(EST) 20 04 92 0700 Aysen 915 19 04 92 1010 B Dahlia 9087 COO(EST) 20 04 92 2230 Arwana 1 008 19 04 92 1045
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    • Article
      TRANSPORT DIARY
      1205 48 May 8 (1 day): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. May 15-16 (IV 2 days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute
      1,205 words
    • Article
      DAILY FREIGHTS
      248 48 THE Baltic Exchange and the freight futures exchange (BIFFEX) were closed for the Easter holidays and reopen on Tuesday. Apr 21. On Thursday, dry cargo freight rates continued to he boosted by firmer deals in the Panamax sizes. both in the Atlantic and the Pacific, brokers said. The
      248 words
    • Article
      GM sets up technical centre in Tokyo suburb
      476 50 Facility to design, develop auto parts for new Japanese models TOKYO General Motors Corp opened a major technieal centre in a Tokyo suburb last Friday that is to serve as the US automaker's strategic base to promote auto parts sales in Japan.
      476 words
    • Article
      Lock icon Two killed in tanker explosion
      290 50 AP HONGKONG A series of explosions rocked a Hong-kong-owned oil tanker in the South China Sea yesterday, killing two crewmen, rescue officials said. The 26 other crew members of the 30.000-ton Sea Star were rescued, and were in satisfactory condition, said Peter Choi, a Hongkong
      AP  -  290 words
    • Article
      Lock icon Rescued Syrian ship to stay in Israel until Thursday
      214 50 UPI Haifa. Israel A Syrian ship rescued at sea by the Israeli navy will have to remain in port at least until Thursday for repairs, officials said on Sunday. "It seems there was a hole in the ship And it will
      UPI  -  214 words
    • Article
      Lock icon Report favours buying McDonnell Douglas
      233 50 AP TAIPEI. Taiwan An initial government report concludes that the Taiwan Aerospace company should proceed with its plan to buy up to 40 per cent of McDonnell lX)uglas" commercial aircraft operations. Taiwan's Economics Minister said last Saturday. "The report finds that the project involves some
      AP  -  233 words
    • Article, Illustration
      Lock icon TWA accuses American of trying to drive out competitors
      213 50 AFP WASHINGTON The chairman of financially troubled airline TWA accused American Airlines on Sunday of lowering fares in an attempt to drive weaker competitors out of business. "You believe in the tooth fairy if you believe these fares aren't going to
      AFP  -  213 words
    • Article
      Lock icon Hughes trying to wean itself from dependence on Pentagon
      518 50 NYT LOS ANGELES Just a few years ago the Soviet Union was still the Evil Empire, Pentagon spending was rising and Harry King was working on a military programme at Hughes Aircraft Co's radar division. Today the Soviet Union is no
      NYT  -  518 words
    • Article
      Lock icon Chaste women are hard to find
      676 50 China Air has problem finding virgins to train as flight attendants Reuter BEIJING China Air has a recruitment problem. The national flag-carrier is having trouble finding virgins to train as flight attendants. Each year hundreds of voung women all under 19. all bright and
      Reuter  -  676 words
  • Page 31 Advertisements
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      34 31 i •Ums aid MrvkM NfrMNtMl i Mwhr» of Mm Registry «f AccrtditMl i giaafa ri m-m MHppmg Minitf Singapore NIYKMUM SMD* UKW/ pJng /UsodattMi. NORP For advertising enquiries, contact Shipping Times: Tel 740 2089/740-2090
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      Page 31 Advertisements Column 2
      94 31 Nedlloycl far EAST TO EUROPE/ MEDITERRANEAN CALL: 221 8989 '>,> -.<. J -v,:- w,;- 'v V > > -.4 4 L 1 k 1 j* V s sX ,'"v\ I >'*"* :>j I p" i V BRING THEM HOME. A paper subscribed by Singaporeans abroad. a-> And by foreign professionals
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      Page 31 Advertisements Column 3
      50 31 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freghts 18 Index 1 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shipsales Tanker Rates 16 Ships in Port 17 Singapore Tides 17 Transport Diary 18 Weather and Sea Conditions 17
      50 words
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      87 32 FOR SUCCESSFUL MANAGEMENT OF YOURBUfINESS 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
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      Page 32 Advertisements Column 2
      136 32 UP. ,K LIVING II EACH WEEKEND, put up your cxccutivc feel, and let us shuffle through your imagination. Wc usually tread lightly, but even when wc don't, you'll know you're alive after that exciting, exacting or simply cmaciating week of work. So don't throw in the high-flying towel, or take
      136 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2872 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 Alll## BOOKINGS TEL *****34 *****58 m TERMINAL/CFS TEL *****18 220 rBMHTI PESAK A JARDINE SHIPPING AGENCIES SDN. BHO. \ooo§ J PORT KELANG TEL *****18 FAX *****91 *****88 |-n PENANG TEL *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality bervice ipoh tel
      2,872 words
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      Page 33 Advertisements Column 2
      3616 33 1 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT law //i UNITED ARAB SHIPPING fSAGfI HM VSI/VOY I SM I NYC I BJU. I ORF I SAV (IWN 71/1 I/I «/l J, I 7 1 IMI i/S 17/t 14/1 IS/I 17/S
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      Page 34 Advertisements Column 1
      1421 34 R dam/ VOY NO S PORE JEDDAH SHAMTON H BURG ANT LE HARVE Hjly KAMAKURA 22/116 23/4 2/5 16/5 12/5 11/5 1 ALL WESTBOUND KITANO 13/316 26/4 13/5 15/5 18/5 19/5 mtffllMtlMM TOKIO EXPRESS 05/117 30/4 9/5 23/5 19/5 16/5 LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 "j W/w—"
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      Page 34 Advertisements Column 2
      585 34 SEASPAC SERVICE COWTAimi V MIAKIULK DWfCT SOUTH PACIFIC SERVICE SIN NOU SUV PPT LJ BONTANG 3507E8 27-29/4 10/5 13/5 17/5 JANIKA II 360 Ifcß 27-30'5 11/6 14/6 20/6 Transit Tim® Il13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO LAUTONA. PAGO PAGO. APIA. NUKUALOFA. P VRA FASTEST SERVICE TO CWLE/PtRU
      585 words
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      Page 34 Advertisements Column 3
      1521 34 BUS VMASIA KXSI REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/WOY SIN ALG BCL HAM BRE ROT ANT FEI LHA (VIA (VIA (VIA ALG) HAM) ROT) SI FREEDOM 207* 23/04 11/05 13/05 16/05 17/05 IS/05 19/05 20/05 21/05 NORASIA Al MANSOORAH 9208 3 2S/04 H/05 22/05 23/05 24/05 25/05
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2069 35 Jfef m STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 *c«G0 S S S SPORt bkok SIRAIIS HOFt VOV Sfcan. law In PI 21 Apt tSHBRUGGt V.O7M 22-2 i APR 26-21 APR SIRAIIS VINIURE VIM Mwi lab. KK 21 22 Apt
      2,069 words
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      Page 35 Advertisements Column 2
      1934 35 SINGAPORE AGENT: PAO P Containert (Singapore Agencies) Pie Ltd "t M. 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 A Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number **********02 EXPORT IMPORT VESSEL VOY pPNG *PKG StH ALG SOU ANT HOT
      1,934 words
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      Page 35 Advertisements Column 3
      96 35 JEM CONTAMEIHSED/PAILETBED SERVICE TO PASB GUDMtG K>T KELANG. KUCHMG I SKI MALAYSIA SPORE P»S* GUDANG LOADING FOR GEMKI VU/92C 21/4 21/4 KUCHMG/PON TIANAK QNA V92OSE 22/4 22/4 SMJ/SARKEI SPORE PORT KELANG •QNA N V.07 24/4 25/4 PORT KELANG GMA V 07E 27/4 SBU/KUCHMG QQ V.CIO 26/4 27/4 KUCHMG GKI V.CII
      96 words
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      Page 36 Advertisements Column 1
      623 36 ISBBi CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI VOV SPORI WAM ADAM HBURG BRtMIN ANIWIKK SRIWIIAYA vH',6 ft. I 2 6 6 10 b 11 6 HUIAI :bWB 18 5 8 13 17 7 20 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement. Also accepting cargo
      623 words
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      Page 36 Advertisements Column 2
      1519 36 (g)HANJIN SHIPPING IOR VSI SM Lift HAUL LGB OAR FOR VSI S* |l* C HANIIN 10NGBEACH 037E A 4 OIRECI lM 20 4 HANIN CHERJ OIIE II 4 M PROMHINCE 022E 4/6 5/6 7/6 HANI IN ROMERDAM 0181 i b OIRICI .'4 b b HAN IN RWANGYANG OME 45H1 HI
      1,519 words
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      Page 36 Advertisements Column 3
      1522 36 I mi SGT *SC l«C MG WS *1 OS* KG( W I*o 111 CHS BAI NTC IHV WIN ROM IMP ICC PSO CMB Ml Stf I I GtNIRV M 040 22 4 ?l 4 27 4 JO 4 2 4 S 4 M 14 9 4 10 5 22 4
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      2105 37 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB? *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB? *****53/*****50 AUST/INDIA/PAK SERVICE *****00 NEPLINE SDN BHD MALAYSIA K L.-(03) *****33,
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      Page 37 Advertisements Column 2
      1064 37 m 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 EASTBOUNP PISCHMGWC WESTBOUND -LP APING TRANSHWID Vl* ROTTEROAM
      1,064 words
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      Page 38 Advertisements Column 1
      1549 38 I K. "W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 B4 MALAYSIA: *K" UNE MARITIME (MALAYSIA) SDN BHD JL Mm* A MmJ 1 EL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA
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      366 38 GOLDEN LINE iftJV guan guan shipping (PTE) LTD 23 TeW *ytf Street SINGAPOtt 0104 Til *****18 (10 IMS) fj. *****04 (C* No **********0*) 6T WAIT*/PCM 61 AH GULF MJITICT S pore P Kelang Penang GADfN NOW It C. loir be Karachi Out* 24 25 ftp GO* OfN HMffST I *>mt»
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      2704 39 asab Vlfl pacific international lines (PTE) ltd SSSSi VBHI 140 Cecil street #03-00 PIL Building. Singapore 0106 Tel: *****33 CR NO: *****6 fOOOQt: [JAKARTA I [BANGKOK 'l VESSEL VOY SIN BKK SIN V S,N JKT SIN EQUATOR CRYSTAL 88N 22/4 25/4 29/4 BUNGA TERATAI 163 22/4 25/4 28/4 KOTA MAWAR
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      Page 39 Advertisements Column 2
      842 39 EacßenV 1 Ist1 st class container transport FEEDER VESSEL PENANG P KELANG_ OCEAN I'SI •)v S'N SOU PTM 2 HAM 3 GO T 4 ANSON TBN 17'4 '8 4 JUTI ANDIA 2'5? 2' 4 '0 5 11 5 '3 5 ANSON TEN 24 4 25 4 STLANDIA 2'62 28 4
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      Page 39 Advertisements Column 3
      298 39 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klf Pen P Gdf PAGAN VIBZW 30 1 Ma, HP* AN VI77W 7 10 Miy THE BANK LINE (A service of Andre* Wetr Shipptnf) SEMI CONTAINER SERVICE iT HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW
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      1931 42 fit's Agents: Indonesia's Agents: M Chung Chiao Shipping Sdn Bhd p. T. Global Putra Indonesia maritime I Pi A Man Hovtl thin m /M I Ott lalan Ipoh Senlul ***** H I M/ M W 5091 UP 508/ PI 4hiiangCempn'ij r55,,*,,,. ■WUrt ffcwm »J> s>,imn Hi'» txf .lr.j M b/on
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      Page 42 Advertisements Column 2
      333 42 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET 0 14-04 NAT WE ST CENTRE Singapore 0106 T*l*x: R*****0 Tel: *****81 Fax: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SIN/JAK SERVICE VESSEL VOY SIN JAK MERKIJRDEITA 919 21 04 (TUEI 25 04 (SATI rWAOIKA 921 25 04 ISAT)
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      692 43 FAMOUS CONTAINER LINES 1 o ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 y HOT LINE *****33 (24 LINES GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE VESSEL NAME |VOY NO |EX KOBE EX OSAKA ETA SIN ACX LILY 23A 23/04 24/04 02/05 ACX LILAC 4A 27/04
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      946 43 r&l RICHFIELD MARINE AGENCIES (S) PTE LTD 03 TEL: *****33 (12 Lln«s) SFAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Lines) \m ETHIOPIAN SNIPPING UNES y J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vFssFT IVOV I tIA I LOADING SPOHfc ABVOT /BWH S4 04 I)AMI SSAL AAM MOMBASA DJIBOUTI
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      943 43 JAKARTA BANGKOK «a rn m ttsgi Ivor mmm. Bangkok BINIA BHUM 30S 22/04 25/04 lARU BFUJM# y ?4W mPt 21/04 fri 24/04 NANA BHUM 13«S 25/04 2>/04 VWA BHUM OIH Mon 20/04 Ihw 23 04 [BINIA BHUM 31S I 24 04 20b NAN IA BHUM 86N Wed 22/04 Sal 25
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      1782 44 MAC-NELS STORE IMPORT: *****11 II PENANG: (04) *****6 SIBU: (084) *****9 KK: (088) *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 I I PIN PK SIN PtN PK SIN Colombo 22/4 23/4 24 4 25 4 26 4 28 4 Ldn/Flx/Rdm/Ant Durban/Pt
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      285 44 BLUE STAR LINE TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPt AMI IT I SIM AUSI SIAR OM* 22, 4 4/S VIA NPI 6/5 23/5 PSOSPICI 18S 4 5 16,5 VIA NPI H i 4 6 HI SIAR 1519 13 5
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      1164 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor |ET* IPEST VESSEL VOY SPORE P. KHANC
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      31 46 rhis inhumation appears under an arrangement bctnwn Huwneys lime and ille Baltic A Inurmtumal Mart time Council iRISICO) and m hasti on the latcM reports from BIMCC memfxrs and a&'nts internationally
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      85 47 Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION TECHNOLOGY in Business
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      471 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 *************************500 1600 1700 1800 1900 2000 2100 2200 2300 ft 29 31 30 26 20 14 09 05 04 04 06 1 1 1 7 21 24 24 21 1 7 14
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      383 48 .iLcosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOACMNG FOR: A VESSEL 28/04 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: TRANS ASEAN 15/04 20/04 Huangpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      Page 48 Advertisements Column 3
      443 48 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 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
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      17 48 II I Managers must I j i i manage. i Business Times shows you how every Monday.
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      1225 49 aiiiiin, lui.iuoj «i .HYUNDAI I MERCHANT MARINEI CO. LTD. [VIA FEtDCR PACIFIC SOUTH-WEST SERVICE 1 PM* fm« PGD" SIN" 10 USA VOY MO LBH OAK o*l HOU 31/03 25,03 ?TO3 03.04 H COMMANDFR 33t 10 04 27/04 30/04 30/04 01/05 01/05 03/05 004 01 04 03 04 10/04 H PIONEER
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      538 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL »0» SP n AIC RR TRANS AITO Jl SID SIO MA M PT ORIENT VERTRKE V 2 SID CRANPIOR TRADER 24 SID PT ORARCtNOM 23 PT MA lI'A HOMOS MRU MRU f 23 A 25 4 SERI CEDAR
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      1184 49 OUR USA I SERVICE CALLS I heeet* lre« |»tt I*l llMer V«tw< |«ev »I IU |0M InOU OA! |CM |«V IlftM WYC SINGAPORE I DIRECT EVERY I IMIIIM »M? 1104 MIMUM MKMCI 11/N7 Mil 10 M1)IKIIMIIOS14M14 OS 14 OS It OS llfrriiirf r» AV I I «mh mm nO4 msiio*
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