The Business Times, 23 April 1992

Total Pages: 48
1 48 The Business Times
  • 17 1 Business Times hl si\i:ss paper for s-i: i.sv < MITA <P) 35/12/91 Thursday, April 23, 1992 75 4
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  • NEWS SUMMARY
    • 70 1 SEOUL Russia has offered to sell South Korea advanced nuclear technology, including ways to extend the life ot nuclear power plants, a leading Russian nuclear expert said yesterday. "We can provide many advanced technologies tor lower fees than the Western countries." said the
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    • 34 1 TAIPEI Taiwan's Cabinet has decided to lift a 43-year ban on gold exports to help the island become one of Asia's major financial centres, officials said yesterday.
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    • 26 1 SINGAPORE'S retailers, hit bv the recession in the West and the strength of the Singapore dollar, have reported flat firstquarter sales Page 3
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    • 27 1 ALL COUNTRIES in the Asia-Pacific should adopt similar standards for their telecommunications networks, said Singapore's Communications Minister at a symposium in New York Page 3
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    • 30 1 SINGAPORE'S High Court has quashed K&S International's default judgment against its erstwhile partner. Kajima Overseas Asia, on the defunct Desaru resort project in south Johor Page 4
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    • 30 1 THE DISPUTE between the South Korean government and Hyundai, the country's second largest business group, is not likely to head towards a showdown. sav analysts Page 8
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    • 33 1 US PRESIDENT George Bush has urged US corporations to take the lead in helping to develop a free market from the remains of Moscow's centrally controlled economy. Page 9
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    • 33 1 THE DEBATE on whether or not lawyers should be allowed to advertise has caused a little more than a few ripples in advertising and public relations circles Page 14
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    • 37 1 THE MAIDEN VOYAGE of the 2,700-TEU DSR Baltic is symbolic of the strides made by unified German carrier DSR-Senator Lines to expand capacity and rationalise its two major services. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 40 1 WAIL STREET stocks opened slightly lower yesterday. giving up gains made the day before on surprisingly good earnings reports from several banks. After one hour of trading, the Dow Jones Industrial Average was down 1.79 points to 3.341.46.
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    • 38 1 LONDON SHARES were lower at midday yesterday on speculation that companies would be trying to sell new stock. At about 1115 GMT, the FTSE 100-Share Index was down 2.5 points, or 0.1 per cent, at 2,623.3.
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    • 24 1 THE KEPPEL BANK group, which plans to be listed, almost doubled its group earnings to 520.6 million last vcar Page 5
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    • 29 1 CYCLE CARRIAGE (CCL) needs shareholders' approval before proceeding with its takeover offer for listed property company Malayan Credit, says the Stock Exchange of Singapore Page 5
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    • 49 1 LLOYDS BANK, whose board is evenly split over what could be the clearing bank's biggest gamble since it tried and failed to acquire Standard Chartered Bank in 1986. is expected to decide tomorrow whether to go ahead with a counter-bid for Midland Bank Page 7
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    • 30 1 London Gold AM fix USS338.30 USS0.10 Exchange rates USS SS 1.6600 100 Yen SS 1.2360 MS SS 0.6515 Money market rates Overnight 3 1/8 7/8 3-month 3 1/8 -1/16
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    • 30 1 Rubber S'pore Mav I4l.75*/kg +1.75 M'sia May 2l7.00«/kg M>.50 KL Tin Turnover 46 tonnes +11 Spot M$14.54/kg unch Crude palm oil Turnover 855 lots +424 July MS879 /tonne 876
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    • Article, Illustration
      30 1 Wednesday Change BT-MCiA 685.09 f0.I5 Kuala l.umpur ...573.97 +1.38 Tokyo 16.839.12 +51.79 Hongkong 5.189.03 +95.94 Sydney 1.599.0 4-11 Tuesday Change New York 3.343.25 +6.94 I ondon 2.625.82 -12.8
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  • 657 1  -  Problem arises as funds from traditional leasing market dry up By Magdalene Ng SINGAPORE Asian airlines are expected to start turning to the international equity and capital markets to finance their record orders for aircraft. Boeing, the world's largest aircraft maker, estimates
    657 words
  • 611 1  -  Convenient time to make switch into architectural practice, he says By Lee Han Shih SINGAPORE Liu Thai Ker, chief executive officer of the Urban Redevelopment Authority (URA) and a controversial figure in the property industry, has resigned. The Ministry of National Development (MND) said
    611 words
  • 297 1 Reuter, AFP BANGKOK Thai Prime Minister Suchinda Kraprayoon and Supreme Commander Kaset Rojananil have not ruled out a coup against the newly-installed government. The statements increased fears that the new government would soon fall as opposition parties continue to pressure
    Reuter,; AFP  -  297 words
  • 403 1  -  From Maggie Ford in JAKARTA THE Indonesian government will replace the president of the state-owned monopoly electricity company PLN. which plans US$67 billion (SSI 10.55 billion) worth of projects over the next 15 years. Ermansyah Jainien. who was appointed PLN president in
    403 words
  • 141 1 AFP BEIJING Two rich provinces in southern China have agreed to form an economic union with four poorer neighbours to promote common development, the Xinhua news agency said yesterday. The agreement of intent was signed yesterday during a visit to the south by
    AFP  -  141 words
  • Page 1 Advertisements
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  • PAGE 2 NEWS
    • 496 2 Asia's growth projected at 5.5 pc in the short term AFP WASHINGTON The world recession meant slower growth for Japan in 1991, but output remained strong and is expected to see faster growth for 1993 after a slowdown this year,
      AFP  -  496 words
    • 380 2 AFP WASHINGTON Freemarket economic reforms embraced by Eastern European countries since 1989 should start to pay off this year, even as countries of the former Soviet Union see production shrink further, the IMF predicted yesterday. The International Monetary Fund (IMF),
      AFP  -  380 words
    • 446 2  -  Reports by Kenneth James SINGAPORE Stoutly countering recently-voiced reservations about his country's economic revival. Australian Treasurer John Dawkins says now is the time to invest in Australian companies as they are poised for a period of strong profit growth.
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    • 266 2 SINGAPORE Visiting Australian Treasurer John Dawkins has proposed that Australian economic officials come to Singapore to learn from the Republic's freetrade experience. Mr Dawkins, who met Prime Minister Goh Chok Tong, said Mr Goh had expressed great interest in more ministerial-level contacts. He added
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    • 795 3  -  Recession in the West and strength of Singapore dollar blamed By Hong Lee Tiam SINGAPORE Retailers say first-quarter sales this year were llat compared with the same period last year, during which sales were themselves poor due to the Gulf War. The Retail Sales Index
      Source: Dept of Statistics  -  795 words
    • 383 3  -  By Dexter Lee SINGAPORE Minister for Communications Mah Bow Tan has called on all countries in the Asia-Pacific to adopt similar standards for their telecommunication networks. Mr Mah. who was speaking at a ministers' roundtable session ot a Business-Week-organised symposium in New York yesterday,
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    • 591 3 Lease value for seats also soaring Reuter SINGAPORE Prices for scats on the Singapore International Monetary Exchange (Simcx) have soared, mostly because of volatility and a surge in volumes in the exchange's Nikkei stock index futures contract, dealers said. Prices have climbed, despite
      Reuter  -  591 words
    • 485 3  -  From Yang Razali Kassim in HANOI HANOI Vietnam's need for expert advise on managing its economic reform brings together Singapore's Senior Minister l ee Kuan Yew and Tang l-lang. the executive chairman of Wearne Brothers Ltd and former chairman of the Economic
      485 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 211 3 When you fly from Singapore to Italy on business, you arranged in a generinis 2+2+2 seat configuration. Theres more can expect nothing less than good mornings on Swissair. room around and in front of the seats. And in the aisles. So the Leave Singapore every day (except Thursdays), at 2105
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 197 4 MORH can be done by the private sector in terms of flexihours and part-time work for mothers who do not wish to work full-time. Parliamentary Secretary for Labour and Home Affairs Ong Chit Chung yesterday said that companies should think of new ways
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      • 48 4 THE other five oil companies in Singapore have followed Shell's move to raise pump prices. SPC, Mobil, Esso, Caltex and BP have revised prices upwards by 40 cents for unleaded and leaded petrol. The price of diesel fuel has been increased by $2.
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      • 57 4 THE Ngee Ann Polytechnic has signed an agreement with a German tertiary institution in Bavaria, the Georg-Simon-Ohm Fachhochshule Nurnberg, to strengthen exchanges in science, technology and culture. This is the second cooperation agreement for Ngee Ann with a German counterpart. This first was signed with the Fachhochschule
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    • 246 4 IN A BID to increase local presence in the Japanese market, the Singapore Manufacturers' Association (SMA) will publish a trade directory in Japanese to acquaint the Japanese with Singapore products. The trade directory will be distributed to 10,000 Japanese businessmen who have
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    • 397 4  -  By Dawn Tan SINGAPORE THE Singapore High Court has quashed a default judgment won by K&S International against its erstwhile partner Kajima Overseas Asia on the defunct Desaru resort project in south Johor, sources said. The nullifying of the default judgment yesterday means
      397 words
    • 251 4  -  By Quak Hiang Whai BANK of America yesterday confirmed that 116 staff members of the merged Singapore branches of BankAmerica and Security Pacific will lose their jobs. Colm McCarthy, the new-ly-appointed Singapore general manager of the merged operations, said in statement:
      251 words
    • 229 4 FOUR former Communist Party of Malaya (CPM) elements have been allowed to return to Singapore from Thailand. They are Ho Fui Shiong, 37; his wife Tay Siok Ngoh, 37; Ang Tiam Huat, 38; and his wife Ong Geok Hoon, 38. All four are Singapore
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    • 270 4  -  By Helen Chang AN American company which makes precision tools and injection-moulding components has bought a Singa-pore-based company as a way to launch into the Asia-Pacif-ic market. UFE Inc. based in Minnesota. has bought Cosamold (S) Pte Ltd, a previously 95 per
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  • Page 4 Advertisements
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      298 words
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  • COMPANY NEWS 1
    • 478 5  -  By Magdalene Ng SINGAPORE The Keppel Bank group, which plans to be listed on the Stock Exchange of Singapore by next year, recorded a 48 per cent jump in its group earnings to $20.6 million last year. The jump in group
      478 words
    • 255 5 SINGAPORE Cycle Carriage (CCL) has been informed by the Stock Exchange of Singapore that it requires shareholders' approval before proceeding with its takeover offer for listed-prop-erty firm, Malayan Credit. However Hotel Properties Ltd (HPL), CCL's partner in the takeover bid has not been
      255 words
    • 216 5 Bernama KUALA LUMPUR Malaysian Oxygen Bhd has reported a pre-tax profit of M 525.89 million (S$ 16.87 million) for the first six months ended March 31, 1992, up 9 per cent from M 523.71 million in the previous corresponding period. The higher profits were
      Bernama  -  216 words
    • COMPANY BRIEFS
      • 87 5 SINGAPORE Bandar Raya Developments Bhd's group net earnings dropped 5 per cent to M 511.78 million (557.67 million) in 1991 from M$ 12.39 million a year earlier, according to audited results released yesterday. Its group turnover climbed 23 per cent to M$ 129.25 million
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      • 43 5 SINGAPORE Aluminium Company of Malaysia Bhd's net attributable income in 1991 rose 79.1 per cent to M 513.7 million (558.93 million) on the back of an 11 per cent rise in turnover to Msls4 million, it announced yesterday.
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      • 31 5 SINGAPORE Trading in Keppel Finance Ltd shares will be scripless from July 2, subject to approval by shareholders at the extraordinary general meeting on May 13.
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      • 61 5 SINGAPORE The East Asiatic Company (M) Bhd said in a reply to the Kuala Lumpur Stock Exchange that its joint venture with Bedford Bhd and a bumiputra party will have an eventual issued and paid-up capital of MS 140 million (5591.21 million). The joint venture is involved
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    • 390 5  -  Submission expected before April 30 deadline From Florence Chong in SYDNEY SINGAPORE Airlines is expected to formally express an interest in buying a minority stake in the Australian flag carrier Qantas. The Australian Government has set a deadline of April 30 for potential buyers
      390 words
    • COMPANY BRIEFS
      • 138 6 REDMOND, Washington Microsoft Corp said it had successfully broken up a major international counterfeit software ring in Asia with the help of authorities in Taiwan, Hongkong and China. Microsoft said the criminal operation was believed to have funnelled up to 75.000 fraudulent copies of Microsoft
        138 words
      • 110 6 NEW YORK International Business Machines Corp, trying to make its computer chips more widely available, announced new licensing deals on Tuesday with two other computer companies in Europe and the United States. The world's biggest computer company said Intel Corp. the leading computer chip
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      • 88 6 TOKYO Japan's Fujitsu Ltd confirmed yesterday it had signed a cross-licensing agreement with South Korea's Samsung Electronics Co Ltd. allowing access to each others' chip technology patents in Japan, the United States and Europe. The spokesman for Japan's largest computer maker, however, declined to disclose further
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      • 85 6 TOKYO Japan's Mitsui Petrochemical Industries Ltd and Mitsui Toatsu Chemicals Inc are suspending talks on a proposed merger, one of the two companies said yesterday. The companies, both in the Mitsui Group, said on Monday that the possibility of such a merger had been taken
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      • 69 6 TOKYO Toyota Motor Corp refused to buy Rolls-Royce Motor Cars Ltd of Britain, Toyota president Shoichiro Toyoda told a regular news conference in Osaka. "Rolls-Royce asked Tovota to make a quick decision (on whether to acquire Rolls-Royce). Toyota refused the offer as we did not have
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    • 457 6 Reuter MANILA A Philippine Supreme Court decision put off the final battle for San Miguel Corp (SMC), the country's biggest company, damaging the campaign of tycoon Eduardo Cojuangco to take over the food and beer giant. SMC announced yesterday a new 15-man
      Reuter  -  457 words
    • 424 6  -  From Al O Labita Jr in MANILA FOOD and beverage giant San Miguel Corp (SMC) plans to expand this year its brewery operations in China to cash in on that country's huge and buoyant beer market. "We are planning to expand our distribution
      424 words
    • 335 6  - Wise Co's profits fall despite rise in turnover From Al O Labita Jr in MANILA WISE CO. the Philippine subsidiary of the Jakartabased Dharmala Group, posted an increase in turnover last year, but a host of adverse factors pulled down what could have been another record-breaking year. Net earnings slumped
      335 words
    • 272 6 Reuter SEOUL News that the construction arm of South Korea's giant Hyundai Group briefly defaulted on a debt pressured group shares, brokers said. A Hyundai Group spokesman said Hyundai Construction and Engineering Co Ltd had defaulted on 9.5 billion won (SS
      Reuter  -  272 words
    • 300 6 Reuter NEW YORK Newspaper companies said on Tuesday that sharply lower newsprint costs and a slight advertising rebound boosted profits in the first quarter. The Washington Post Co and Knight-Ridder Inc said that profits rose more than 50 per cent in the first quarter from
      Reuter  -  300 words
    • 220 6 NYT NEW YORK Time Warner Inc said on Tuesday that its net profits for the first quarter swung to US$3 million (SSS million), from a loss of $50 million in the comparable quarter last year. The company achieved the turnaround largely through
      NYT  -  220 words
    • 450 6 Reuter TOKYO Japan's top four steelmakers, eager to avoid tarnishing their images as first-class companies, will try to maintain dividend levels this year despite an expected sharp decline in profits, industry analysts said. To do so will make a big dent in their balance sheets
      Reuter  -  450 words
  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • 515 7  -  From Catherine Ong in HONGKONG LLOYDS Bank will decide tomorrow whether to go ahead with a counter-bid for Midland Bank, the London Financial Times reported yesterday. The FT report said Lloyd's board, evenly split over what could be the clearing bank's biggest
      515 words
    • 64 7 CHICAGO The Chicago Mercantile Exchange celebrated the 10th year of its Standard and Poors' 500 contract recently, and a bell-ringing ceremony was held on Tuesday to mark the occasion. Taking part were (from left) Merton Miller, Nobel laureate; Terry McGraw, executive vice-president of McGraw-Hill; Jack Sandner,
      64 words
    • 408 7 Reuter MANILA Philippine National Bank (PNB) president Edgardo Espiritu urged a delay in privatising a majority of shares of the bank until the new government takes over in June. Mr Espiritu said at a press conference that officials must settle
      Reuter  -  408 words
    • 674 7 Four other leading US banks post strong earnings, sending stocks up NYT NEW YORK Citicorp said on Tuesday that it earned US$lB3 million (*****.7 million) in the first quarter, thanks to higher profits in its consumer business and to gains on the sale of
      NYT  -  674 words
    • 225 7  -  By Quak Hiang Whai SINGAPORE Seoul-based Cho Hung Bank yesterday signed an agreement with a group of financial institutions for a US$6O-million (5599.6 million) term loan. Cho Hung Bank, a major South Korean commercial bank, will use the proceeds for general
      225 words
    • 524 7 Bank plans to enlarge its presence in the region Hongkong, Singapore and Malaysia. BANGKOK Thailand's biggest bank, Bangkok Bank Ltd, which is planning a regional expansion, posted a sharply higher first quarter net profit. The bank reported to the Stock Exchange of
      Hongkong, Singapore and Malaysia.  -  524 words
    • SMALL CHANGE
      • 153 7 WASHINGTON The International Finance Corporation (IFC) announced here on Tuesday that it was to undergo a major reorganisation in order to better coordinate its activities in developing countries. Sir William Ryrie, IFC executive vice-president, said: "The structural changes have two main objectives to achieve
        153 words
      • 61 7 SEOUL Korea First Bank (KFB) is expected to establish a 50-50 joint venture bank in Hanoi, perhaps by as early as the end of this year, a KFB bank executive said. The deal was initiated late last year when the governor of the staterun Bank for
        61 words
      • 45 7 TOKYO Japan's Finance Ministry has postponed its May 10-year government bond auction until at least midMay for fear that it may result in a higher long-term prime rate, government sources said yesterday. The auction had been scheduled for Tuesday.
        45 words
    • 226 7 Reuter NEW DELHI The Indian Government will reform its nationalised banking system in stages, with no privatisation or staff retrenchment planned, Junior Finance Minister Dalbir Singh was quoted as saying on Friday. According to a United News of India report,
      Reuter  -  226 words
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  • THE REGION/THE WORLD
    • 664 8 Group expected to avoid showdown with govt Reuter SEOUL The battle raging between South Korea's government and its second largest business group. Hyundai, is unlikely to develop into [he all-out war that would likely boost the political ambitions of group founder Chung
      Reuter  -  664 words
    • 224 8 BANGKOK Eight industries are calling for a number of measures to be implemented if they are to survive under the Asean Free Trade Area (Afta) programme, says the Bangkok Post. These include a reduction in tariffs on raw material imports, state
      224 words
    • 360 8 South China Morning Post HONGKONG Hongkong could lose its status as the world's biggest watch supplier if local companies continue to rely on growth through cheap manufacturing operations in China rather than upgraded quality, says industry leader Eddy Li. Mr Li,
      South China Morning Post  -  360 words
    • 482 8 Details of environmental protection scheme still to be finalised Reuter SINGAPORE The US is seeing "green" in Asia. But a huge programme to build partnerships between the US and Asian countries to create a clean, green environment and sell American expertise has created more
      Reuter  -  482 words
    • 45 8 SAN DIEGO Crewmen aboard the USS Ranger watching vintage R-25s fly past on Tuesday to mark the 50th anniversary of a US air raid over Tokyo in World War 11. Two planes in the flypast took off from the aircraft carrier.
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    • 538 8 Rural folk suffer at hands of local officials CHIHNA^ AP BEIJING Small, bloody land wars are breaking out in the Chinese countryside as local officials looking for quick profits push peasants off their land and sell it. After the government split up Mao Zedong's communes
      AP  -  538 words
  • Page 8 Advertisements
    • 565 8 UNITED PULP PAPER COMPANY LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting will be held at the Conference Room, 20 Liu Fang Road, Jurong Town, Singapore 2262 on Tuesday, 12 May 1992 at 11.30 a.m. tor the
      565 words
    • 133 8 2 IN 1 CLEANTECHASIA92 Offering DTP Solutions All At One Source S.E. Asia's First Exhibition Conference On Clean Room Technology. Conference dates: 23-24 April. The Authoritative Asia Pacific Conference On Electronic Publishing With Speakers Even From H The Key To The Future In Electronics, SemiSeybold And Dunn Technology (held from
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  • THE WORLD
    • 418 9 Federal agency offers insurance for firms willing to take risk J L tn a II i> cqiH (hi l va«t f Reuter WASHINGTON President Bush on Tuesday urged United States corporations to "seize this opportunity" to do business in ex-Soviet republics, and
      Reuter  -  418 words
    • 410 9 AFP LIMA Peruvian President Alberto Fujimori announced a 12-month agenda on Tuesday to steer his country back to democratic rule, including a plebiscite on constitutional reforms and setting up a new parliament. In a televised 25-minute speech, Mr Fujimori denied that his decision on April 5
      AFP  -  410 words
    • 493 9 Reuter WARSAW The directors of a small Polish telecommunications firm sit slumped in the plush chairs lining the lobby of one of Warsaw's smartest hotels. "We came here to find a foreign production partner but all the Westerners seem to want to do
      Reuter  -  493 words
    • 466 9 Reuter MOSCOW Russian President Boris Yeltsin has vowed to take strict measures to resolve his country's budget crisis. but the central bank warned of a desperate need to print more money. "The government will deal very seriously and attentively
      Reuter  -  466 words
    • 474 9 GDP expected to fall slightly in first quarter and rise in the second Reuter LONDON A post-election surge in consumer spending over the Easter holiday has raised hopes that the British economy is set for an upturn, but economists say recovery
      Reuter  -  474 words
    • WORLD WATCH
      • 128 9 MANILA President Corazon Aquino's favourite and a maverick former official are leading in the seven-member race for the presidency in next month's election, according to a survey released yesterday. The survey, conducted by the respected Social Weather Station between March 26 and April 10.
        128 words
      • 96 9 JERUSALEM Israel confirmed yesterday that it is ready to go to Rome for the next round of Middle East peace talks. "We are pleased at the decision which allows us to pursue the talks in Rome," said a spokesman for Prime Minister Yitzhak Shamir.
        96 words
      • 126 9 SEOUL The collapse of an unreformed North Korea could cost South Korea up to US$26 billion (Ss43 billion) a year for 10 years, the Economist Intelligence Unit (EIU) said. The EIU report, received in Seoul on Tuesday, said the Southern private sector would need to
        126 words
      • 107 9 BEIJING Production in China's rural enterprises jumped more than 35 per cent in the first quarter of 1992 compared with the same period last year, the China Daily said on Tuesday. The official paper quoted Ping Xin, director of the Ministry of Agriculture's rural
        107 words
  • Page 9 Advertisements
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      41 words

  • 483 10 EDITORIAL BENON Sevan, the United Nations envoy who is trying to bring about a peaceful resolution of Afghanistan's problems, faces an unenviable task. Afghanistan today is poised on the brink ot a bloody civil war, as competing mujahideen tactions carve up sections of the country on ethnic
    483 words
  • WHAT THE OTHERS SAY
    • 183 10 IN international terms, two things are particularly worrying about the Afghan situation. The first is that the two main Mujahideen forces Mr Gulbuddin Hekmatyar's Hezb-i-Islami and Mr Ahmad Shah Massoud's Jamiat-i-Islami are both extremist Muslim organisations, the latter battle-hardened to boot. The ideological complexion of Kabul's
      183 words
    • 85 10 THE fall of the Najibullah regime has long been expected. But it was too soon and there is now a power vacuum in Kabul. Consequently, Mujahideen guerillas are storming to the scene to lay claim to the seat in Kabul. The rush has led to a power struggle.
      85 words
    • 221 10 PRIME Minister Goh Chok Tong has explained further his earlier announcement of linking votes with the upgrading of flats. What Singaporeans should consider now is whether having a more open and transparent government is of benefit to them. The government has always emphasised the long-term interests of
      221 words
  • REGIONAL VIEWPOINTS
    • 190 10 SOWING the seeds of sincerity and goodwill, Dr Mahathir spoke of Malaysia's hope that one day Asean, together with all the other South-east Asian countries, will unite to forge "a truly formidable force of peace, progress and stability in the entire region". One that would bring
      190 words
    • 126 10 THE pragmatic and strategic importance of Prime Minister Keating's visit in the sense that it is another significant effort in strengthening broad bilateral relations does not of course preclude the possibility that sensitive issues, including the matter of human rights, might be raised. Indonesia however, has never
      126 words
    • 183 10 FEW doubt that Hongkong's success as a world financial centre owes much to the hands-oflf approach of the government which has long been content to let the market place be the final arbiter of a uniquely freewheeling system. Nowhere is this independent spirit more zealously guarded than
      183 words
  • 1133 10  -  A report by the Business Council of Australia has shown that Australian companies which invested in Asia reaped higher rewards than those which focused on the US and the UK. Florence Chong reports from Sydney Florence Chong The writer is BT's Sydney correspondent ASIAN subsidiaries of
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  • Page 10 Advertisements
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  • Page 10 Miscellaneous
    • 26 10 DOONESBURY BY GARRY TRUDEAU UH.NO.I UMTTO &TTmSTKK ATWNPIN6 CANTRSALLY THINK [TtL I I HOU^> 7 1 H,TA AKXMVANP THt&PTH, HMUTHAT Sr I I THAT MCW* HBPUtrM
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  • ANALYSIS
    • 836 11  -  Peter Passell reports on a study by two men in which computer simulations predict that trade between Eastern Europe and the West is set to burgeon Peter Passell NYT WILL Poland end up as a prosperous colony of Germany, the bread basket for
      NYT  -  836 words
    • Article, Illustration
      1118 11  -  The end of the Cold War may also mean the end of some political parties in Western Europe. Pierre Salinger explains Pierre Salinger The writer is the chief foreign correspondent for ABC News and is based in London WHEN the Berlin Wall fell and communism crumbled, it
      1,118 words
    • 856 11  -  One political scientist believes liberalism has returned on America's political and social issues. Leonard Silk reports Leonard Silk NYT /OFTEN think it's comical How nature always does contrive That every boy and every gal. That's born into this world alive. Is either a little Liberal
      NYT  -  856 words
  • Page 11 Advertisements
    • 118 11 IJgSfflk. nVe serve food thats centuries old. 4s4nd music not a day younger. Centuries ago, the chefs who created the cuisine for their g |llW|I A Maharajas lavished their talents to please their Highnesses. 1 Those succeeded in pleasing their palates were 1 richly rewarded while those who didn't often
      118 words

  • Page 12 Advertisements
    • 1165 12 Bud. feffinfll where to wine, dine OF ——=71 Get Nostalgic with the g>unhtrftß hhhi B£&y The Sunbirds are now hitting the right notes with familiar favourites and catchy classics by Cliff Richard, Neil Sedaka, the Everly Brothers or The Beatles, nightly from 9.30 pm except Sundays. Happy Hour: Mon Fri
      1,165 words
  • Page 12 Miscellaneous
    • 709 12 TELEVISION AND RADIO WW T-g CBM9 '9 30 lako •»<" ">• J» Stopwatch. I BUSINESS ON RAWO %A V<m •<<■:<<:;>.,■• Stormy Weather. The ritual- 4.00 El Pecado De Oyuki 1M) wnen no mc&ns no tss n* 1 n^ij£.%oW«~ T 7.00 CNN (L). committed a year ago (Ste- 5.30 Midnight Patrol.
      709 words

  • LIFESTYLE
    • 812 13  -  The youthful fun crowd in Russia has access to some of the country's prestige addresses when it comes to party venues, reports Fiona Fleck Fiona Fleck Reuter THE PARTY season has been launched in the Russian capital, but don't bother mentioning communism to the all-night
      Reuter  -  812 words
    • 614 13  -  Abdul Jalil Hamid speaks to the people behind the... Abdul Jalil Hamid Reuter IT IS lunch hour at a Malaysian fast-food restaurant and a young waitress gestures frantically to her colleagues with her fingers as a customer points out his order from
      Reuter  -  614 words
    • 605 13 CHAnERBOX IN THE age of megadeals. one of the biggest of them all was announced on Tuesday when 20th Century Fox and James Cameron, director of such films as Terminator 2. signed a five-year agreement the studio said is valued at about
      605 words
    • 598 13 NYT Denzel washington remarked the other day that his newest film. Malcolm X. would not be the most controversial film of the year. "It's going to be the most controversial film of the decade," he said. It's probably just Hollywood hyperbole, but
      NYT  -  598 words
  • Page 13 Advertisements
    • 168 13 AND ENTERTAIN 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: Evian mineral
      168 words

  • ADVERTISING & MARKETING
    • 912 14  -  Sangeeta Mulchand on how the legal ad debate will affect the industry Sangeeta Mulchand The debate on whether or not lawyers should be allowed to advertise continues. Ironically, in advertising and public relations circles where it should matter prospects from this sector have
      912 words
    • 434 14  -  Andrew Kefford on why they can be a good idea Andrew Kefford The writer is managing director of the Advertising Advisory Centre THE use of the same advertising agency for each of the countries in which a company is operating is a
      434 words
  • Page 14 Advertisements
    • 233 14 COULD YOU HELP MANAGE Ss7s MILLION OF MEDIA ADVERTISING EXPENDITURE? Batey Ads Singapore is interested in recruiting outstanding advertising talents for its media department. We are now looking for a SENIOR MEDIA PLANNER, MEDIA BUYING EXECUTIVE MEDIA ASSISTANT. Your future potential or proven experience must be matched by a burning
      233 words

  • SPORTS
    • 414 15 Monte Carlo Tennis Open AP MONTE CARLO, Monaco Pete Sampras of the US, who is second-seeded, made as quick an exit as Bjorn Borg at the Monte Carlo Open tennis tournament. German Carl-Uwe Steeb jumped to a 5-0 lead after 19 minutes and
      AP  -  414 words
    • 376 15 Reuter MONTE CARLO Bjorn Borg, hailed as the greatest player who ever lived only a decade ago, was given the cold shoulder by tournament organisers on Tuesday, following his latest faltering appearance on the international tennis circuit. Bernard Noat, organiser of the US$l.27
      Reuter  -  376 words
    • SIDE LINES
      • 63 15 SHEFFIELD, England Former world snooker champion Dennis Taylor became the second big name to fall in the first round of this year's £850,000 (*****,500) tournament here on Tuesday. The 43-year-old Irishman and 1985 winner joined six-time champion Steve Davis on the casualty
        63 words
      • 64 15 TAMPA, Florida For Andre Agassi, 1992 hasn't exactly started with a bang. Erratic play and a string of early round losses have left the soon-to-be 22-year-old searching for answers. "I'm in a slump right now, there's no doubt about it," confided Agassi. "I don't really
        64 words
      • 49 15 BUENOS AIRES World football's ruling body, Fifa. will not punish former 5 Argentina captain Diego Maradona for playing in a charity match, while serving a ban for drugs. Maradona played last Wednesday to raise funds for the family of late Argentinian player Juan Gilberto Funes.
        49 words
      • 64 15 WELLINGTON The rugby world received a daunting lesson here yesterday when the new look All Blacks devastated a World XV 54-26 in the second Test. It was a dazzling display from a team that only last Saturday was soundly beaten by the World, 28-14,
        64 words
    • 350 15 America's Cup AP SAN DIEGO It's too early for Dennis Conner to start worrying and the America? Foundation to begin celebrating in the America's Cup defender finals. The yacht America? (America Cubed) leads Conner's Stars and Stripes 2-0 in the best-of-13
      AP  -  350 words
  • Page 15 Advertisements
    • 129 15 ATTENTION M L I I J m CORPORATE 1 CHIEFS The New Paper Big Walk '92 is incredibly big. Big jjHWtjT I in fun and excitement. Big in healthy lifestyle. And iS2Bsflßv\ real big in prizes. So if your company is equally big in BIG WALK '92 sportsmanship, inspire your
      129 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3681 16  -  By William Chia SHARE PRICES on the Singapore stock market ended mixed in thin trading yesterday as investors stayed sidelined in the absence of fresh factors. The benchmark Straits Times Industrials Index moved within a narrow margin to eke out a 0.45
      3,681 words
    • Article, Illustration
      65 16  -  By Chew Eng Han Comment THE current rally may fizzle out soon. Strong resistance between $2.05 and $2.10 is likely to hold as 5-day stochastics are virtually at 100. The monthly long-term charts show that the upmove since late 1990 is probably only a correction to the longer-term
      Source: Bridge Info  -  65 words

  • 2656 17 SPH Foreign 1290 +40 +3.2% C&C 610 10 +-1.7% (MB Packaging 560 +10 +1.8% DBS Foreign 1270 +10 0.8% Keppel Corpn 730 +10 +-1.4% S1A 200 1220 +10 +0.8% Spore Bus 500 620 +10 1.6% Citv De\ 50* 388 2.1% C&C Wt 289 -6 +2.1%
    2,656 words
  • Page 17 Advertisements
    • 314 17 J/i tH yH t T It will be worth it. The first four correct entries drawn by our judges will win: t's been a long hard week. How does a golf retreat sound H fl A return Business Class ticket to Brisbane, on British Airways; to you? I I a
      314 words

  • 3036 18 Mulpha Intl 50* 36'; +4': 14.1% MAS 444 4 0 9% Cons Plant 50« 151 *3 2.0% Alcom 168 +1.2% tsso 50* 434 2 0.5% Golden Hope 124 *2 +16% KLKepong 233 -2 0.9% Pub Bk Foreign 129 -2 +16% Sime Darbv 50* 257 2
    3,036 words
  • Page 18 Advertisements
    • 109 18 BULL! It's true! Do you know that you can advertise daily in the latest state of-the-art electronic high-tech media for as low as 1000 a month! ♦t* It's called Shine Singapore Press Holdings' infrorich database on Teleview which incidentally is the most advanced videotex! system in the world. Shine contains
      109 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5193 19 Reuter. Bernama SHARE PRICES closed slightly higher in Kuala Lumpur yesterday on bargainhunting, but price movements were narrow throughout as investors were still reluctant to take positions amid uncertainty over the market's near-term prospects, brokers said. A higher close in Tokyo, after earlier uncertainty,
      Reuter.; Bernama  -  5,193 words

  • BT SHARE INFORMATION SERVICE
    • 295 20 Mm Beard Last Fal Year Finest Oat* Net Net Profit EPS «bk4 Tear EPS Crass profit Ih|i Huge Cmph» PmM tost yr emfiag (cts) dn (StN) (S$a) (cts) SPM I Ape 26 Aug 92 626 250 153,802 799-1684 325-685 SM F Way 20 Mar 92 1432 400 912.800
      295 words
    • 330 20 Company Date Halfyaar Groap pre-tax Interim ann to prellt/leM (L) divide** (*000) Times Pub Apr 20 Feb 92 $18.782($25.132) 4(4) New World Apr 1 Dec 91 HK$1.276d($521.808> 21(16) Bum.ll Mar 31 Dec 91 HM14.779($11.169) 25(25) H Leong Credit Mar 31 Dec 91 M$28 558($19.470) 3(3) Insas Bbd Mar
      330 words
    • 645 20 MaiaBaard IMWfcar Cmm Pcried late lw EPS Cms Nat aamaced ndng (cts) prf«t tost JC* (sr*«) EMS Final No* 6 Jul 91 3.0TE 17.8781 Jacks tot Final A«k 30 Jan 92 2281 ■I? Hldfs Final May 6 Mar 92 4 5 3 3 6.032 dm tad Final
      645 words
    • 162 20 Company Date Year Group Not Net oaraiags Grass ana to profit/loss (L) par shara dMdaad ('000) (coats) Templeton Ape 16 Dec 91 USS63.073($58 034 39 5(36 3) 2100(1500) COL Apr 14 Dec 91 HK$80.737(S10.761L) 2.7(-) HSBC Apr 14 Dec 91 $5,664 ($3,0% 35(19) 19(16) DBS Apr 13 Dec
      162 words
    • 328 20 Apr 20 Gold Coin will change its name to Goldtron Ltd as part of Acma's plan to transform the former feedmill manufacturer into a diversified electronics manufacturing anddistribution group. The Hongkong and Shanghai Banking Corporation opened a representative office in Ho Chi Minh City, its first presence there
      328 words
    • 1682 20 Currant Ex Bocks Date Tatel far Tatel far payment date dOM payaMa tka pr last yaar ton, 5% Jun 5 Jun 18 Jul 2 1221 10%TE Amtek Em 50c 6%TE(I) Apr 15 Ape 21 Apr 30 6%TE 12%TE !3w20c 12 5%TE Mar 3 Mar 13 May 15 17
      1,682 words
    • 465 20 Company Date Year Group pro-tax Nat earnings Crass ann to profit/loss (L) par share dividend ('000) (cants) Oriental Hldgs Apr 20 Dec 91 M$255.349($259.312) 120 1(1317) 275(22) Dunlop Est Apr 16 Oec 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) Perlis
      465 words
    • 312 20 Trans Raghterad Substantial < Sfcara* Amotrnt SharaholiMaga Stock Date HoMcr SNarahotdar/DJractor Sail hwofcad S Bafaca Chga Mtor Ck|t SPC 16/04/92 CDP Ssangyong Cement Temasek Holdings (Pte) Ltd S 3 000 !!S5 5? SPC 16/04/92 CDP Ssangyong Cement DBS Bank S 3.000 13 3 25!5 4137 l3 4137
      312 words
    • 216 20 Company Righta Issue Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Borah 1992/97 with 45 489m detachable TSRs on the basis of $2 nominal amount of Bonds for every three ousting shares held Ei-date Apr 15 Books dose Apr 30 Acceptance t Payment NVA Company
      216 words
    • 608 20 Company Rights l»me Mtonct T«di One-for-one >100 per share Bedford tot* o» *****m nominal amount of 55* Bank Guaranteed Bonds 1992/97 witt detachable transferable subscription nghts (TSR) on the basis of one TSR for every four ordinary shares (n, M<0195 for each TSR CASH Three tor two M$0
      608 words
    • 58 20 Conversion Special Trdf Scriptess Conversion deadline Period Trading Company starts (IDP) (ST) starts First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 cSdcSn* May 12 Jun 8 Jun 23 STWlup Apr Apr 23 Apr 10 Apr 23 Apr 24 A J r30 May 22 May
      58 words
    • 144 20 Hotel Plaza Ltd: EGM 23rd AGM at the Board Room, 30th Storey, UOB Building, 1 Bonham St. Singapore 0104, on Thursday. April 23. at 11.45 am Renong Bhd: EGM at the Bafroom, Mezzanine Floor, Hotel In Sidtan Ismai, ***** Kuala Lumpw, on Friday, April 24, at 10am Keppel
      144 words
    • 156 20 RECORD HIGHS LOW BT Composite Index ST Industrials index 1992 htfi: *****8 (21/2/92) h#* J5JM2 J27/J/J2) 1992 low: 1191.31 (09/4/92) 1992 taw: 352.83 09/4/92 1991 hi*: 1333 08 3/6/91) JSg-JJ 3/6/9 1991 taw: *****2 (16/1/91) "J®-®® SJKJ21! 1990 hiih: 1435 43 (16/7/90) 1"® ta*: 1607.12 (27/3/90) 1990 taw: 981 07
      156 words
    • 427 20 In local curr In S$ In US$ dy S )t dy yr dy yr Apr 21 Index chge chge chge chge chge chgc World 385.9 -0.3 -5.5 -0.2 -7.3 -0.3 -9.4 +EAFE 459.8 -0.7 -8.4 -0.4 -12.5 -0.5 -14.6 Europe 443.2 -0.5 7.8 -0.1 1.9
      427 words
  • Page 20 Advertisements

  • STOCK EXCHANGE OF THAILAND
    • 2235 21 Reuter STOCKS closed mixed yesterday after early bargain hunting for discounted shares from Tuesday's sell-oft was not sustained amid lingering opposition to Prime Minister Suchinda Kraprayoon, brokers said. The SET Index edged up 1.84 points to close at 786.93 on a 4.1 billion baht
      Reuter; Source: Bridge Info  -  2,235 words
  • JAKARTA STOCK EXCHANGE
    • 1206 21 THE Jakarta stock market closed little changed in quiet trade yesterday, brokers said, The official index rose to 274.09 from an officially corrected figure of 273.27. The turnover fell to 3.71 million shares, compared with Tuesday's 3.87 million. Indah Kiat closed unchanged at
      Source: Bridge Info  -  1,206 words
  • Page 21 Advertisements
    • 14 21 I HERPES Why kissing isn't safe anymore I GET IT NOW I Gil APRIL
      14 words
    • 88 21 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
      88 words

  • TOKYO STOCK EXCHANGE
    • 2448 22 Reuter TOKYO stocks bounced off early afternoon lows to close moderately firmer in choppy trade yesterday. Index-linked selling again pressured prices while most investors continued to shun the market, but some selective targeting of sectors helped lift prices, brokers said. The 225-share Nikkei average closed up
      Reuter  -  2,448 words
  • STOCK EXCHANGE OF HONGKONG
    • 2649 22 Reuter THE Hang Seng Index shot up 95.94 points, or 1.88 per cent, to a record 5,189.03 at the close yesterday on a sudden late spurt of overseas demand for blue chips across the board. "It's just everybody jumping onto the bandwagon at the
      Reuter  -  2,649 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2074 23 Reuter STRONG domestic buying pushed Australian stocks to close at a six-week high with investors looking for encouraging domestic economic news. Brokers said local buying of industrial stocks led the upswing with the market surging in late trade to close at its
      Reuter; Source: Bridge Info  -  2,074 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks retreat in heavy volume
      • 819 23 A SELL-OFF of big manufacturing shares halted a six-day run-up and dragged the Seoul stock market down 4.29 points to 584.22 in heavy trade yesterday, brokers said. "A sharp fall in Hyundai listed shares had an adverse effect on manufacturing counters which led the index down." Sunkyong Securities broker
        819 words
      • 493 23 SHARE PRICES finished lower across the board yesterday as investors remained sidelined due to political worries, brokers said. The weighted index closed at 4.505.07. 51.02 points lower than Tuesday's 4,556.09. Turnover was NTS 14*3 billion against NTS 16.15 billion. Brokers said the market was down because a political protest
        493 words
      • 572 23 PHILIPPINE share prices finished lower yesterday as selling pressure in the bourses led to a slide in the value ot several issues, hindering any chance of a general advance in the market, brokers said. "There has been a lot ot selling, which has stemmed any advance. The decline of
        572 words
      • 70 23 LEADING SHARES rose sharply yesterday, boosted by a liberal credit policy for the first half of fiscal 1992/93 (April/March), when trading resumed after a gap of eight days, brokers said. Shares made small gains on a broad front and brokers said they had not taken orders thinking a three-day
        70 words
      • 246 23 MOST LEADERS were ignored as keen buying of a handful of quality secondliners propelled the New Zealand bourse to its highest close in almost one month. Only Lion Nathan shone among the major issues with an eight cent romp to NZ$4.OB. While brokers noted profittaking interest across the
        246 words
      • 64 23 INDICES TURNOVER Clow Apr 22 Previous NEW ZEALAND N/SK-40 Capital 1.428 31 1.411 54 t 16.77 MANILA Composite InJex Turnover (million pesos) 1.164.39 218 2 1.171.54 191.9 -7 15 -26 3 TAIPEI Weighted Price Index Turnover (NTS billion) 4.***** 14 30 4.5561)9 16 15 -51 02 -1 85 SEOUL Composite
        64 words

  • WORLD STOCK MARKETS
    • Buy programs help Dow recover early losses
      • Article, Illustration
        1369 24 STOCKS closed mixed in heavy trading on Tuesday as a late spurt of computerguided buy programs helped the Dow recover from a sell-off tied to investors' worries over the weakness of Tokyo and other overseas markets. The Dow Jones Industrial Average, which retreated 30.19 points on Monday. regained
        1,369 words
      • Article, Illustration
        807 24 THE STOCK MARKET finished a quiet session on a weaker footing on Tuesday as investors paused tor breath alter last week's post-election run-up. The FTSE 100 index started the day over 20 points weaker as market makers cut prices following sharp overnight declines in New York and Tokyo. However.
        807 words
      • 210 24 THE Frankfurt stock market displayed good resistance on Tuesday after a fourday Easter weekend, operators said, as the DAX spot trend index ended at 1,746.50 points, down by only 2.73 points from last Thursday 's close. The index had been down by 5.33 points at the Tuesday opening, but
        210 words
      • 101 24 SHARES limped to a weak finish on Tuesday as New York's mixed start failed to galvanise investors and the Amsterdam bourse bridged a fortnight of holidays. Taking its cue from losses abroad over a long weekend break, the EOE index opened down and ended 0.95 points oIT at 309.30.
        101 words
      • 182 24 FRENCH share prices managed a late spurt on Tuesday after trade resumed in lethargic mood after the four-day Easter break. The CAC-40 index closed 2.15 points or 0.11 per cent higher at 1.980.36. having recovered from a morning low of 1.963.67. Volume was a slender 1.8 billion francs. "If
        182 words
      • 208 24 THE Milan bourse closed lower in thin trade on Tuesday as operators and investors returned to the market with little desire to do business after the Easter break. The declines were only modest against recent sharper falls on Wall Street and in Tokyo, but the worrying thing was the
        208 words
      • 250 24 SWISS share prices ended lower on Tuesday in fairly quiet trade after the long Easter weekend. "A general lack of news to support the market and a lacklustre performance on European bourses kept investors on the sidelines." one dealer said. The all-share SPI index slipped 4.1 points to 1.153.9
        250 words
      • 121 24 SWEDISH shares closed lower in thin trade on Tuesday after the long Easter weekend, with negative influences from abroad deterring would-be purchasers. One senior broker summed up the pessimistic mood by saying: "The market is waiting for the first three-month company results and for a possible backtrack in New
        121 words
      • 204 24 BELGIAN shares recovered from early losses in closing trade on Tuesday as buyers returned to the market. The Bel-20 index of leading shares closed down 0.74 points or 0.07 per cent at 1,195.29. after falling more than 0.5 per cent to 1,189.80 around midsession. Volume on the forward market
        204 words
      • 414 24 THE Johannesburg Stock Exchange closed a shade softer on Tuesday after drifting aimlessly for most of the day. Volumes were thin and dealers said most market players were on an extended holiday. They added that the market was expected to drift easier until the end of the month. Markets
        414 words
      • 309 24 LATE STRENGTH in gold shares helped Toronto stocks on Tuesday to partly rebound from an early blow to bank shares over bankruptcy fears at Olympia York, dealers said. Bankers began seriously raising the possibility of O&Y slipping into bankruptcy if it fails to raise funds this week. Comex gold
        309 words
      • 81 24 INDICES TURNOVER NEW YORK C lose IVlKMh P r2l IXn* Jones Sfc P 5<I0 I'urnover (million! 3.343.25 410.26 214.46 3.336 31 410 16 192.04 6 94 +0.10 -22 42 LONDON financial rimes 30 1TSK HMt rurnovcr (million* 2.047.6 2.625.X 415.7 2.059.2 2.638.6 Ml -116 -128 -4734 FRANKFURT l)W lndc\ 1.746.50
        81 words
      • 45 24 Vienna Apr 21 Asch Akg Holding 2360 20 Bank Austria (P) 508 I E Allgem (P) 2400 10 Jungbunzl ***** 320 Lenzing 1049 8 Leykam 401 4 Montana Oesterr Brau 3650 5 Sempent 99 I Steyr 229 1 Veitscher 359 unch Source: Z-Landerbank Bank Austria
        45 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1238 25 REPORTS ASIA TOKYO: The US dollar ended steady against both the yen and the mark yesterday on continued bullish sentiment after coming off the day's highs on long-liquidation. It reached highs of 134.58 yen and 1.6723 marks in Tokyo.
      1,238 words
    • 383 25 Cross rates P r22 US$ S$ MS Dm Yen SFr AS NZS USS 1.6600 2.5480 1.6710 134.40 0.5701 1.5480 1.3089 1.8519 SS 0.6024 1.5349 1.0066 80.9639 0.3434 0.9325 0.7885 1.1156 MS 0.3925 0.65 0.6558 52.7473 0.2238 0.6075 0.5137 0.7268 Dm 0.5984 0.9934 1.5248 80.43 0.3412 0.9264 0.7833
      383 words
    • 539 25 Interbank rates S$ Bid Offer Overnight 3 1/8 3 1/4 1-month 3 3 1/8 2-month 3 1/16 3 3/16 3-month 3 1/8 3 1/4 Overnight mode: 2-1/2 LSS Bid Offer 7 days 4 4 1/8 1 month 4 4 1/8 2 months 4 1/16 4 3/16 3 months
      539 words
    • 371 25 Reuter TOKYO The Japanese government's recent efforts to rein in long term interest rates have had little effect on the bond market's bearish mood, economists and dealers said on Tuesday. And it could be further undermined by pressure on Japan at the
      Reuter  -  371 words
    • 1304 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95.79 95.81 95.78 95.79 3500 4907 ***** Sep 92 95.41 95.43 95.40 95.42 4500 7725 ***** Dec 92 94.69 94.72 94.69 94.71 3600 6429 ***** Mar 93 94 41 94 44 94.41 94.43 900 1732 4086
      1,304 words
  • Page 25 Advertisements

  • COMMODITIES
    • 424 26 AFP VIENNA Uncertainties about a possible extension ot United Nations sanctions on Libya and the Gulf War-re-lated embargo on crude from Iraq will seriously complicate a meeting of Opec ministers starting here tomorrow, oil analysts predicted. Oil ministers of the 13-na-tion Organisation
      AFP  -  424 words
    • 325 26 Reuter GENEVA Cocoa producers and consumers fired their opening shots at a UN meeting on Tuesday called to negotiate an international pact to support prices now near 16'/2-year lows. They will need to replace the 1986 International Cocoa Agreement, which expires at
      Reuter  -  325 words
    • 817 26 REPORTS THE price of tin on the Kuala Lumpur Tin Market remained unchanged at MS 14.54 a kg on some busing interest yesterday. Dealers said the market held steady prompted by good demand on the London Metal Exchange overnight which finished US$l5
      817 words
  • 1515 26 Rubber P MS(t»fchl MmI s cents/kg M Noon Close X Int I RSS Prompt 140 50/141 50N 141 .75/I42.75N Int I RSS Ma\ 92 140 50/141 00 141.75/142.25 Int 1 RSS June 141.50/142 00 143.00/143.50 M Int 2 RSS OP 139.5Q/I40.50N 140 50/141 50N jy Int 3 RSS OP
    1,515 words
  • Page 26 Advertisements
    • 928 26 N THE COMPANIES ACT, CAP.SO PAN-OCEAN MARINE SUPPLY PrE LTD (In Liquidation) At ft genera) meeting of PAN OCHAN MAKLVH SLTH.Y PrF. LTD duly convened and held <n the 2(Xh day of Apnl, 1992 the Tallowing ipecial reiolution passed: SPECIAL RESOLUTION That the Company he wound up voluntarily punuant to
      928 words
    • 18 26 Air embargo has little effect on Libya. Shipping l imes. Pg 20 Innovation Technology in BT every Tuesday
      18 words

  • 1297 27 City Flight ETA Flight ETO MbMmM GA887 0200 GA894 2015 Adataida Qf5 1955 SQ228 2050 Amsterdam SQ23 0645 KL838 2240 KL837 1255 Athens SQ347 1755 AucHand BA11 1505 SQ288 2015 Bahrain GFJ48 JpOO BaMhMMa GA525/910 T755 B Sari Bagman BI453 1105 SQ182 0915 SQ181 1410 BI96
    1,297 words
  • THE TRAVEL PAGE
    • 656 27  -  POSTCARD FROM ROME By Kate Singleton ITALY has produced plenty of good, well-il-lustrated books on the history of modern architecture. Vet none of them yields more than an awkward passing comment on what is generally recognised as being one of the most significant examples of
      656 words
    • 150 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2630 1.2730 Canadian dollar 1.3940 1.4040 NZ dollar 0.8870 0.9170 Sterling pound 2.9015 2.9215 US dollar 1.6553 1.6653 Local dollars to 100 units of foreign currency Austrian schilling 13.95
      150 words
    • 65 27 Duration Title Venue Organiser Tel Apnl-Ma\ International Fair Buenos Aires. Interexpo 541-*****1 on Construction Argentina Sudamericana Materials SA Technology May 20-27 Budapest Bueno* Aires. HUNGEXPO 54-1/*****50 International Aigentina Fair Duration Title Venue Organiser Tel Ma\ 21-24 2nd A>»ia t\po in German> Head»a> Trade <852)*****21 Hamburg Fair- Fairs
      65 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to For just one price. Fly Finnair to Europe and we'll take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Know Europe from «Urt to Piimiih.
      45 words
    • 20 27 Juat a call dooa it all if thm call' 9 to The STRAITS TIMES APPOINTMENTS to advertita for qualified help.
      20 words
    • 395 27 BUSINESS TIM E__S_ Toll free Tel No: 737 0043 Fax No: 734 3608 MS—M Manulife Financial I- A M° rton I Thomas A. Di Giacomo, Chairman, jj President and Chief Executive Officer, |j Manulife Financial, is pleased to an- nounce the appointment of Ross A. I Morton to the position
      395 words
  • Page 27 Miscellaneous
    • 241 27 1 This pickled herring might WM to H M H H 9 This watercourse is duck- *****1! Ed, say (5) jag 11®""iHl""HB~~" 10 See canoe list badly from 18 Painstaking Grub Lm 21 Ship's company boasted... is""I I I I I I repre- 19 25 His fairy story is noted
      241 words
    • 164 27 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 33.2 Assoc humidity 72% Minimum temperature 24.5 Assoc humidity 93% Hours of sunshine 7.15 Rainfall in mm 9.7 Rainfall this month 136.3 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Cloudy Bangkok 36/29
      164 words
    • 28 27 IhSkigflAaSlMlßJl I'M (BE.TTeR T^DEV»L\ li'Re .JQK 7 N/ou KrtOU) _> And SOOfM- .-J V v I I J['&\ U)OX\ lb Vl o ,-N lAJsr 8662 ASSOCIATED NEWSPAPERS LtO tWIW
      28 words

  • 593 28 Students and teachers recruited to expose hard-line opponents Reuter, AFP BEIJING China's paramount leader, Deng Xiaoping, has taken his power struggle against Marxist hardliners to the Beijing University campus in a bold and risky gamble in his drive to promote faster economic reform,
    Reuter,; AFP  -  593 words
  • 554 28  -  From John Helmer in MOSCOW THE Russian Congress of People's Deputies ended a two-week session on Tuesday evening with appeals from President Boris Yeltsin and parliamentary chairman Ruslan Khasbulatov for dialogue and cooperation between the government and parliament. Mr Yeltsin's success
    554 words
  • 376 28 Reuter WASHINGTON President George Bush said on Tuesday that the United States was willing to compromise to break a five-year deadlock in talks to reform global trade, but said others must compromise as well. "We will do our
    Reuter  -  376 words
  • 264 28 AFP LONDON The chairman of Hongkong's HSBC Holdings, William Purves, pitched its £3.1-billion (558.99 billion) agreed offer for Midland Bank as a "positive story of growth and international potential" here yesterday. The statement came as city speculation about a possible counterbid from Lloyds
    AFP  -  264 words
  • 518 28 Suharto and Keating set no timetable Reuter. AP JAKARTA Australia and Indonesia yesterday agreed that a summit of Asian and Pacific leaders is needed to consider the implications of trading blocs in Europe and North America, but set no timetable. Indonesian President Suharto and Australian
    Reuter.; AP  -  518 words
  • 887 28  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent BRITAIN did it for the money when it started selling state enterprises in 1979. and set a worldwide trend. The state purse was near-empty, and money from the sales
    887 words
  • 191 28 Reuter NEW DELHI India's Opposition parties yesterday accused Prime Minister PV Narasimha Rao of lying to Parliament about possible pavoffs from Swedish arms manufacturer Bofors. Parliament had to be adjourned for more than an hour because of the uproar. The Bofors scandal erupted
    Reuter  -  191 words
  • Page 28 Advertisements
    • 62 28 Nikon The World's Finest Photographic System tniii »im«rllM I«>»IWiM rMNWiMMMWmMbavMM uivww.i.h aMwM Mn«» i«'*fci• k.il»n *.»v->^«• M "111_fi." \A\ V**.~. M mi.'4l V[.*t Ilw I IHTMJ U.-MMI MAIAYS4A l»* ■*< MM rr*rr KtuU I mniuf WIM '♦IJ < Kmt rt»/.« lUidrf.*t um(M M"I .M.lWi.'4 AiMRAIIA IM»WM< M<.AIIHnr«VUrwMM*.«r «>*rnstmH M7S VM
      62 words
    • 27 28 Peasants victimised in land wars, Pg 8 Bush to US firms: Invest in ex-Soviet republics, Pg 9 Yeltsin vows to take strict action on budget, Pg 9
      27 words
    • 47 28 Nikon The World's Finest Photographic System (•The Political Economy of Privatisation in Singapore. By Linda Low. McGraw-Hill. 242 pages) Lloyds to decide on bid for Midland: report, Pg 7 I ime to invest, says Aussie Treasurer, Pg 2 We can learn from S'pore: Daw kins, Pg 2
      47 words

  • Shipping Times
    • 458 29  -  By Juliette Walker SINGAPORE The maiden voyage of the 2,700-TEU DSR Baltic is symbolic of the strides made by unified German carrier DSR-Senator Lines to expand capacity and rationalise its two major services. The vessel calls on Singapore today, marking the first delivery of six
      458 words
    • 270 29 SINGAPORE Following a tie-up on the Far East/Europe route, shipping majors P&O Containers and Maersk Line are once again joining forces. This time the two carriers are planning to launch a new integrated container Europe/Gulf service from the middle of next month.
      270 words
    • 406 29 Reuter NEW YORK A battle is brewing in the shipping industry over whether the US government should accept a Mitsubishi Heavy Industries Ltd tanker design as an environmental alternative to dou-ble-hulled ships. The 1990 US Oil Pollution Act requires all tankers in US waters to
      Reuter  -  406 words
    • 840 29 Page Col ABC Containerline 12 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 Bengal Tiger
      840 words
    • 326 29  -  By Dexter Lee SINGAPORE Singmarine Industries Ltd drew nearly Sioo million from its cash base last year to finance corporate acquisitions and the construction of its new yard. The Keppel Corporation subsidiary disclosed in its 1991 annual report that cash and short-term placements
      326 words
    • 171 29 Reuter MANILA Philippine air traffic controllers on Tuesday agreed to end their strike that has disrupted domestic and international flights for the past 18 days, strike leaders said. "We're going back to perform our duties and jobs for the public," said Ferdinand Ilagan. vice-president of
      Reuter  -  171 words
    • NEWS SUMMARY
      • 37 29 PAUL BETTS and Le>la Boulton report on ctTorts to restructure the former Soviet Union's civil aviation industry as the domestic operations of the troubled national carrier. Aeroflot. are dismembered among the republics Page 2
        37 words
      • 44 29 THE week-old air embargo against Libya is having a minimal impact on its mam industry. oil. and is mostly inconveniencing foreign airlines that now must fly around it. according to sources in the Libyan capital Back Page
        44 words
      • 41 29 THE Japanese Transport Ministry and airlines are negative towards a recent proposal by the Fair Trade Commission (FTC) that the Anti-Vlonopoly Law should be applied to international airfares to promote freer competition. Back Page
        41 words
      • 42 29 OIL stopped leaking on Tuesday into the Mozambique Channel from a grounded Greek-owned tanker which since last Friday had spilled around 3.000 tonnes of crude oil into the sea. the shipowners said here Back Page
        42 words
    • LOG BOOK
      • 85 30 EDISON, New Jersey Sea-Land Service Inc. a unit of CSX Corp, said it will move its Atlantic division headquarters to Rotterdam from Edison. The company said it expects to eliminate a "large number" of the 45 support positions at the current location in the
        85 words
      • 96 30 SINGAPORE Subscribers to Singapore Telecom's international Skvpager service will now be contactable in Mexico, in addition to the US and Canada. Coverage will be available in Mexico City as well as in 15 major cities. Telecom said Bermuda and Hongkong are next in line to
        96 words
      • 77 30 SINGAPORE Northwest Airlines recently launched a daily non-stop service between Honolulu and Nagoya. extending its Pacific network to 16 destinations. Northwest said the route, which was purchased from America West, complements its existing services from Honolulu to Tokyo, Osaka, Seoul and Sydney. From Nagoya. the airline
        77 words
      • 95 30 SINGAPORE Rolls-Royce's aerospace group won a 1992 Queen's Award for its export achievements. Last year, the UK-based manufacturer gained a market share of 23 per cent worldwide and 40 per cent in North America. Aerospace group managing director Stewart Miller attributed RollsRoyce's strong exports to the
        95 words
      • 100 30 HONGKONG A Hongkong boat carrying timber to China was intercepted here on Tuesday, a police spokesman said, adding that apparently armed men from China may have been responsible. Police received a message from a mobile telephone that the lighter from Hongkong was intercepted by a
        100 words
      • 32 30 LONDON The Hongkong-registered container vessel Fionia. which went aground at Monrovia on April 15, may sail for Abidjan on Tuesday after temporary repairs, Lloyd's Shipping Intelligence Service said.
        32 words
    • 1041 30  -  Paul Betts and Leyla Boulton report on efforts to restructure the former Soviet Union's civil aviation industry as the domestic operations of the troubled national carrier, Aerotlot. are dismembered among the republics Paul Betts,Leyla Boulton FT AEROFLOT, the world's biggest but probably most inefficient airline, was already
      FT; Source: Boeing, 1992  -  1,041 words
    • 875 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in I S dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change
      875 words
    • 10965 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,965 words
    • 3366 43 Containerline NV: Bclsin Shpg I Agencies Pte Ltd (SVMarine Handling Sdn Bhd(PKPN) Accord Group: Accord Shpg Pte I Id (SVAccord Contr Line (PK PN) Vdkiis Business C orporation Philippine Calsource Shpg Trdg Pte Ltd (S) \hren'«iel Liner Service. Kim Shpg A Trdg (St Vltwmrs Sea-Air Service: Frata Shpg
      3,366 words
    • 281 43 Abacus Couriers Tel: 545-8011 Fax *****98 Air Kxpress Iravel Tel: 533-5771. Fax: *****44 Airborne Freight C orporation Tel: 542-8844 Fax: *****16. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJN Supplies Tel 748-6322(2 lines). 747-7421. Fax: *****75. Cits-Link International Tef: 344-3377. Fax: *****50 Clutter l-ink Supplies A Senic«
      281 words
    • 1535 43 Abex Kxpress Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Actriair Singapore Tel: 542-7822. Fax: *****20. \erolink Freight International Tel: 545-8033 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Kxpress Tel: 542-5454. Fax: *****06. Air Kxpress International Tel: 542-7666 Fax: *****74. *****50. Air
      1,535 words
    • 2950 44 ARGENTINA Labour working normally. Buenos Aires: Port working normally; berths regularly available; no waiting time. San Lorenzo: Port busy; 7 vessels in port of which 4 loading grain. 2 loading by-products. I discharging chemical products; 4 vessels anchored in roads awaiting berth of which 2 to load grain,
      2,950 words
    • 1355 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers El Ddantero: 131,260 dwt and built Jan 1974 Nippon Kokan, definite sellers. Emma D P Second*: 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
      1,355 words
    • 552 44 ARRIVALS Op Flight T)pc ETA T From TODAY KAL KE697 B747F 0150 I SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 I TYO NWA NW90I
      552 words
    • 541 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA LID Pom of Calh PWt A«ct APRIL 23 23 Asean World (WOO 1800 Sin-Jakarta Sembawang Johnson 23 23 Royal Pacific 1000 1800 Sin-Jakarta Ocean Trade Chartering 24 24 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 25 25 Ocean Pearl
      541 words
    • SHIPS IN PORT
      • 676 45 Vessel Voy No Berth Arrival Departue Marina Terminal 1 Batam Baru B141 M05 alongside 2204/2300 Batam Murra *****2 M03 alongside 2304 0500 Batam Sayang *****2 M04 alongside 2304/0500 BataminJo 1 188S M01 alongside 22 04/1900 Cahaya Harap 22 M01 alongside 22 04/2300 Charoensappa 03/92 M02 alongside 2304/0200
        676 words
      • 279 45 IQIIPif rwi Berth: 1: Melaka Jaya No 3; 2: Pelego Iso; 3: Su Yang; 4: Delfi; 5: Kara Sea; 6: Kris Lemona. 0) jetty: Carnage venture L, Anax Puma. DCJ: Barge Eastern One. Due on Apr 22: Talofa. Entity. Hung Lee IV. Likas Venture. Timber Trader VI.
        279 words
      • 1586 45 DELIVERY OF FCL 1 I CONTAINERS IN PROGRESS Slip fey No Containers ratable SNp Voy No Containers a vabblo Zim Elat 68W 21 04 92 0720 Sea Laurel 125N COD(EST) 22 04 92 1500 Tiger River 148CNB 21 04 92 0900 Ned Colombo 6358F COO(EST) 2204 92 1500
        1,586 words
    • 958 46 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 lei: 273-4172 or fax: 274-1132. May 15-16 (l'/> days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of
      958 words
    • 813 46 TIME-CHARTER deals were most prevalent in the dry cargo freight market, where rates received an overall boost from tightening vessel supply, brokers said on Tuesday. The Baltic Freight Index rose a further two points to 1.175 after gaining 30 points last week. Nearly all components showed gains apart
      813 words
    • 379 48 AFP TRIPOLI The week-old air embargo against Libya is having a minimal impact on its main industry, oil, and is mostly inconveniencing foreign airlines that now must fly around it, according to sources in the Libyan capital. It has sparked neither strong
      AFP  -  379 words
    • 524 48 Reporters took first ride through tunnels on Tuesday NYT LOS ANGELES Far beneath the streets of Los Angeles, a revolution is under way. In the land of the Little Deuce Coupe, the car culture is being subverted by, of all things, a subway.
      NYT  -  524 words
    • 307 48 ATHENS Oil stopped leaking on Tuesday into the Mozambique Channel from a grounded Greek-owned tanker which since last Friday had spilled around 3.000 tonnes of crude oil into the sea. the shipowners said here. Yannis Vaxivanos, spokesman for Polembros, the company
      307 words
    • 566 48 Freer fares complicated and confusing: JAL NYT TOKYO The Japanese Transport Ministry and airlines are negative toward a recent proposal by the Fair Trade Commission (FTC) that the Anti-Monopoly Law should be applied to international airfares to promote freer competition. Under the present
      NYT  -  566 words
    • 784 48 NYT NEW YORK American Airlines has spent two weeks trumpeting the broad cuts it has made in air fares. What it has not talked much about is that on hundreds of routes, including ones as well travelled
      NYT  -  784 words
  • Page 29 Advertisements
    • 17 29 Llnm aMI %my\ct raprMMted Mwhri «f tJw ACO-MMM (ißfSwh For aJwrtiung enquiries, contact Shipping Times lei 740-2089/740-2090
      17 words
    • 130 29 the FAMOUS n 'o ■GE0M3224 1833 I Kor more information please refer to P*. 13 r 5 V 4 vfl soT ?> >--J V- v i -1 i <* t- f«- at «g -<. --v;\.' > r J Y v V ,j J N i* J i .<■• ■■'■Vv'?''. •'.:>•
      130 words
    • 53 29 Air Forwarders 15 A:r Freight Schedule 16 Cochett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Fraghts 18 lnde« 1 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Shtpsales Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Transport Diary 18 Weather and
      53 words

  • Page 30 Advertisements
    • 89 30 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
      89 words

  • Page 31 Advertisements
    • 2241 31 m OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES BOOKINGS TEL *****34 *****58 ■IBM TERMINAL'CFS TEL: *****18 220 EQQQO H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. J PORT KELANG TEL: 3684 118 FAX: *****91 *****88 TT T r PENANG TEL *****4 FAX *****1 CFS TEL *****6 hhmhhbhh Dedicated to Quality Service
      2,241 words
    • 1222 31 Find out how sellers are reaching out i i to buyers in Advertising and Marketing. Every Thursday in BT (nw M UNITED ARAB SHIPPING (SAG)j |HEBBHii VSI/VOY SIN NYC BAI ORF W ■N SUA V 4 I 24/4 2/4 4/4 $/4 AL KNAfI A I I/) 12/1 14/4 IS/t \\f\
      1,222 words
    • 1739 31 wamsßSSsm NEXT SAILING TO MIDDLE EAST OCEAN BLESSING V. 117W ETA SIN 24/4/92 Vessel Voy ETA ETO Feeder by 1 DESTINATIONS Cape Bona vista Aries This *eefc May vie* Maersk 9204 23/4 1100 HPS CFS 23/4 0300 MRS Kefang Penang oak LGB HOU MEM ATL MIA CHS BAL PHL NYC
      1,739 words

  • Page 32 Advertisements
    • 1304 32 ~~1 roam/ ■■wcm VOY NO S'PORE JEDDAH S HAMTON H BURG ANT LE HARVE A KAMAKURA 22/116 23/4 2/5 16/5 12/5 11/5 A KAMAKURA 22/ lib )9/5 PQtT KOJHB WMMIC TOKIO EXPRESS 05/117 30/4 9/5 23/5 19/5 18/5 CMM It) W/CONTMENT LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 COMCCHO
      1,304 words
    • 659 32 BEASPAC SERVICE CONTAINEM U BHEAKBULK DKECT SOUTH PACIFIC SERVICE W vsi SIN NOU SUV PPT L J BON TANG 3507E8 27-291* 10/5 13/5 17/5 JANIKA II 3601E8 27-30/5 11/6 14/6 20/6 Transit Time 1(13) (161 (22) SI kLSO ACCEPTING CARGO VIA SUVA TO: lAUTOM. PAGO PAGO. J* *PIA. NUKUALOFA. P
      659 words
    • 1412 32 UR REGULAR INDEPENDENT FULL CONTAINER SERVICE VESTBOUND TO EUROPE H-YOY SIN AIG BCI HAM BRE ROI ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) L FREEDOM 207* 24/04 13/05 15/05 18/05 19/05 20/05 21/05 22/05 23/05 ORASIA AL MANSOORAH 9208 3 28/04 18/05 22/05 23/05 24/05 25/05 26/05 27/05
      1,412 words

  • Page 33 Advertisements
    • 1897 33 W W STRAITS SHIPPING PTE LTD 15 Ho* Chiang Road #09-01 Sanford Building Slngapora 0208 Tat: *****88 Fa*: *****17 «am o* m buok SHAHS VtNIUM VlOt Mu«i lab. KR 23 Apr 24 A«X 24 Aj* ESIEBRUGGE V 06N 29 30 AP* 03-04 MAY RAIAM MOOKI VIOt Mu«< L«b. KK 25
      1,897 words
    • 1742 33 m SINGAPORE AGENT: 't'Uk IflPfC P&O Containers (Singapore Agencies) Pte Ltd i OC\ d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z »x»owfr VOV -PMO MM ALO SOU ANT HOT MAM JKO YtBSCL
      1,742 words

  • Page 34 Advertisements
    • 593 34 »gc H'iilll'l CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY S PORt SDAM ADAM H BURG BRLMIN WII'MRP SRIttliAU j4Y.B 7/4 2 6 6 I 0 6 14 6 KUIAi 18 8 1 13 U 1 2Q FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement. Also
      593 words
    • 1357 34 I I|| (g) HANJIN SHIPPING IKoNGBEACN.3* OIU V 6 "T/6 I S IWDAM 01# O WRLCI 2/ 5 HAJ« ONE 4Hi 2j 1} ■sasKrer 1m v» m? s OHt >•» fsss s?;sss I hanmn miKHHt /n DWtCI 1/ 6 HANM CHEJU 082E 25 SM. SAVAMMH 0321 2/7 J/J 7/7 its
      1,357 words
    • 1237 34 I m scr use wc nc w m o» kt w no t»» cms bal mc ih» mi* w* n» r» a* m I H( a K«J Il< <4 «/5 11/5 12/5 U 5 IS i It 5 115 »1 111 1M 13 t t 25 2t 27 t M
      1,237 words

  • Page 35 Advertisements
    • 1713 35 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL I TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE „FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69 *****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK SERVICE *****00 Kelang-(03) *****87, Penang-<O4) *****0. J Bahru-<O7) *****2/3/4 38^245/
      1,713 words
    • 1074 35 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-WSCHARGWC WESTBOUND-LOAOWC TKANSHFPEP VIA MTTHDAM Hsjns wov sm |h(
      1,074 words

  • Page 36 Advertisements
    • 1271 36 K* AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL- *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I I IXJ |4 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76. *****77.
      1,271 words
    • 843 36 PHIU-ORKNT UN€S PT€ LTD W 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00Te1e*:R*****0FAX:*****76 *****38 Crfd BY AIR, L4A/D OR SEA.... IVE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICET on APR SYDNEY. MELBOURNE BRISBANE. FREMANTLE 4 MAY AUCKLAND.
      843 words
    • 295 36 A—GOLDEN LINE A SV GUAN guan shipping IESoi < PTt > LTD W 23. TeW ftyer Street SMGAPOK 0104 TEL *****8S (10 LMCS) Fii *****0* (CD No **********0W) »TIAIT«/mHAII CULT WtWCE S pore P. Ketang Penang en.HH noma Colombo KjrjcN Out* ii/n *r GOLDEN HMtWST Colombo Karachi Dubai 1/ltlby CHINA
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  • Page 37 Advertisements
    • 2513 37 •nipping limes, rnursnay April a im PACIFIC INTERNATIONAL LINES (PTE) LTD SSS* V JVfltai 140 Cecil street #03-00 ?IL Building. Singapore 0106. Tel: *****33 **********Q| JAKARTA IRAMQKQK I VOY SIN BKK SIN VESSEL VOY SIN JKT SIN VESSEL KSR2 I S J5/4 29/4 2/5 KOTA RAKYAT 171 29/4 29/4 3/5
      2,513 words
    • 741 37 EacßenV j Ist1 st class container transport FEEDER VESSEL FENANG P "XLANG 1 OCEAN VSL <0* SIN SOU r-TM 2 Cj jJ 1 ANSON TEN 24a 25 4 STLANQIA 2'62 28_4 -Li £2J ANSON TBN 1 5 2 5 BENALDfP 2172 5_5 22 5 24 5 25 5 27J ANSON
      741 words
    • 260 37 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KI| P«n P64| kuwi amyme i* ft MERGU Will 15/27 Apr MUD MM* 4/7 May HPAAN ****** 11/14 May THE BANK LINE (A Mmct of Andrew Mr Sftfei*) SEMI-CONTAINER SERVICE HEAVY LFT CAPABIJTY I EXPRESS TO PAPUA NEW
      260 words



  • Page 40 Advertisements
    • 2024 40 su's Agents: ladoaesia's Agents: M Chung Chiaa Shippmg S4» CM P.J. Global hitra Indonesia Maritime I PI A lalan Hovil Hri# JHHH JujwU M/H OH Urn tpch Stnlui i,llOO I lei 442 5091 442 508/ ?l A 1 orong Cmpcnuig. <41 Mm Bernifi rsr*.,*..™ 3rd Hoot HomnJOl Sou Hem ft»i*
      2,024 words
    • 315 40 r=== SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 T*t**: R*****0 T«t: *****61-3 Fa*: 225 4939. 227*136 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWADIKA 921 25'Q4 (SAT) 28/04 (TUE) LAWANTI 958 27/04 (MON) 29/04 (WEDI DERAJAT 979 26/04
      315 words

  • Page 41 Advertisements
    • 639 41 Pl; o lUUC9 lliuisuay npi u vu M FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 26/4 ROTTERDAM 26/4 HAIFA/ASHDOO/ALEXANDRIA 26/4 HAMBURG/BREMEN 26/4 MARSEILLE/FRANCE 26/4 FELIXSTOWE/UK 26/4 BARCELONA/SPAIN 2674 LEHAVRE/ANTWERP 2674 GENOA/ITALY 26/4 GOTHENBURG/SCANDINAVIA 26/4 LOS ANGELES/WC/IPI 26/4 SYDNEY/MELBOURNE 25/4 NEW
      639 words
    • 833 41 ®lSm!nSSSl^k^m^!7jn^ TEL: *****33 (12 Uom) SFAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Llnw) ETHIOPIA* SHIPPING UMS y 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA loading 'OR SPORE .oyoi Tiwe m pi oaressaiaam mombasa Djibouti ASSAB MASSAWA 26W8 29 05 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      833 words
    • 829 41 i JAKARTA BANGKOK VESSEL VOY m Ml VCSSa MWM* WAN* BHUM I_3BS ?VO4 21/04 MAHA BHUM* 105W Sun 26/04 Wed 29/04 BENIA BHUM 31S 29,1)4 2/05 WKA BHUM*## 02N *4on 21/Q* Thw 30/04 WAHABHUM 139S 2/05 5/05 OLANDIA 01N u* 2»_M [2 NANIA RHM |7N 79/04 S»l 02/05 SEMARANG/SURABAYA 30/04
      829 words

  • Page 42 Advertisements
    • 1315 42 S'PORE IMPORT:' *****11 I 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 UK/SCAWMfo PORTS AFRICA 1 PIN PK SIN PEN PK SIN Colombo 25 4 26/4 27/4 25/4 26/4 27/4 Ldn/Fl*/Rdm/Ant Durban/Pt Louis 25/4
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