The Business Times, 28 April 1992
1992-04-28
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The Business Times
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Title Section16 1992-04-28 1 Business Times MITA (P) 35/12/91 Tuesday, April 28, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*16 words
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NEWS SUMMARY
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57 1992-04-28 1 LONDON Monetary gold holdings of world central banks remained virtually unchanged in 1991 over the previous year at 29,219 tonnes, according to year-end International Financial Statistics published by the IMF. The banks' gold stocks declined only 0.2 per cent last year although57 words
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59 1992-04-28 1 HONGKONG International accountancy firm KPMG Peat Marwick said yesterday it had signed an accord to create the first joint accounting venture in China, removing a major obstacle to Chinese participation in capital markets. KPMG partner Marvin Cheung said his firm had signed a deal59 words
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Article31 1992-04-28 1 SEVERAL Indian stock exchanges, such as New Delhi and Calcutta, resumed trading yesterday after a two-week strike by brokers annoyed with government attempts to regulate their business Page 231 words
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Article18 1992-04-28 1 RETAIL CHAIN Emporium Holdings Pte Ltd plans to expand in Singapore and abroad Page 318 words
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Article30 1992-04-28 1 EXPORT CREDIT Insurance Corporation of Singapore Ltd has reported a 24 per cent drop in net earnings to $12.9 million for its 1991 financial year Page 430 words
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Article34 1992-04-28 1 THE APPOINTMENT of Chris Patten as Hongkong's last British governor has inspired hope that he might reshape the territory's political future before it returns to Chinese rule in 1997 Page 934 words
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Article29 1992-04-28 1 MALAYSIA'S manufacturing sector can expect to see reinvestments of MSB.2 billion (555.3 billion) in 1992-93, according to the latest survey by the Federation of Malaysian Manufacturers Pfcge929 words
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Article29 1992-04-28 1 TOP MEMBERS of Keidanren, the biggest federation of business groups in Japan, will visit South Africa next month to assess the changed political situation there Page 1029 words
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Article20 1992-04-28 1 SHIPMASTERS must in future include the loading of bunker in their Oil Record Book. Shipping Times Page 120 words
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MARKETS SUMMARY
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Article31 1992-04-28 1 WALL STREET stocks slipped early yesterday, extending Friday's losses. The Dow Jones average of 30 industrial issues was off 12.74 to 3,311.72 in the first half hour of trading.31 words
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Article28 1992-04-28 1 LONDON share prices were higher at midday yesterday. At about 1100 GMT, the FTSE 100-Share Index was up 5.5 points, or 0.2 per cent, at 2648.5.28 words
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Article23 1992-04-28 1 MALAYSIAN International Shipping Corporation Bhd is seeking partners in its port terminal operation in Ho Chi Minh City Page 623 words
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Article31 1992-04-28 1 SINGAPORE Technologies Ventures Pte Ltd has injected $50 million into AMS Precision Engineering Pte Ltd, a wholly-owned subsidiary involved primarily in the Pratt Whitney PW4OOO engine programme Page 631 words
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Article35 1992-04-28 1 INVESTORS have snapped up shares in Australia's oldest publishing group, John Fairfax Holdings, which are due to be relisted next month after an absence of four and a half years Page 735 words
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Article36 1992-04-28 1 THE DAO HENG Bank, part of listed Guoco Group which is 31 per cent controlled by the Malaysia-based Hong Leong Group, is keen to buy the gov-ernment-owned Overseas Trust Bank Page 836 words
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Article, Illustration29 1992-04-28 1 Monday Chance BT-MGA 689.94 +0.85 Kuala Lumpur ....581.02 -2.69 Tokyo 17,450.52 -91.93 Hongkong 5,371.77 +41.60 Sydney 1,602.91 -6.7 Friday Chance WW YOik 324.46 -24.15 London 2,643.0 +33.229 words
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Article30 1992-04-28 1 LmnJm Odd AM fix USS336.50 -USS0.05 Fufhtngft rates USS S$ 1.6555 100 Yen SS 1.2391 MS SS 0.6538 RMofiey Ruriut r itM Overnight 3% -1/2 3-month 3 1/4 unch30 words
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Article29 1992-04-28 1 S'porc May 143.50*/kg +1.75 M'sia May 219.50«/kg 0.05 KL Tin Turnover 52 tonnes unch Spot M$14.54/kg unch Crafe ptlm ofl Turnover 898 lots +451 July MS867 /tonne -1329 words
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Article, Illustration599 1992-04-28 1 Kenneth James - Ministers' and officials' remarks won't lead to about-turn, they say By Kenneth James SINGAPORE An announcement by Thailand's new Commerce Minister that he will seek to slow down his country's participation in the proposed Asean Free Trade Area (Afta) is not a599 words
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561 1992-04-28 1 Yang Razali Kassim - Senior Minister's visit to Vietnam From Yang Razali Kassim in HO CHI MINH CITY SENIOR. Minister Lee Kuan Yew's visit to Vietnam, the first by a Singapore leader, has laid the groundwork for what could be a major role for561 words
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196 1992-04-28 1 AFP TOKYO Monetary authorities from Japan, Australia, Hongkong and Singapore, the Asia-Pacific region's four main financial centres, will begin meeting regularly to coordinate the region's business and financial climate, a Japanese Finance Ministry official said yesterday. The meetings are likelyAFP - 196 words
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429 1992-04-28 1 Genevieve Cua - By Genevieve Cua SINGAPORE Inno-Pacif-ic Holdings Ltd yesterday released a detailed explanation of its 1991 results, as well as the resignation of two nonexecutive directors and its company secretary. No reason was given for the departure of former directors Lim Geok Chan alias429 words
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Article163 1992-04-28 1 ASIA'S banking industry, which has been likened to a tiger, is destined to go through a period of consolidation this year. Across the region, banks, financial institutions, insurance companies and stockbroking firms are digesting five years of heady growth. And the consolidation process gives breathing space to163 words
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Page 1 Advertisements
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Advertisement175 1992-04-28 1 Nikon The World s Finest Photographic System Aircraft Schedule 29 Jakarta/Bangkok Stocks 24 TV Radio 16 Commodities 28 KLSE 23 Unit Trusts 21 Company News 6.7 Money Changer Rates 29 Weather 29 Cryptic Crossword 29 Money Market 27 World News 10,11 Editorial 12 Regional News 9 Financtal News 8 Regnal175 words
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Advertisement56 1992-04-28 1 Japan's big brokers announce hefty losses, Pg 2 Sang Kancil coming back to BT FROM next month, Sang Kancil will be back in BT again. The weekly column, which will appear every Tuesday, will track the trades of a live account srt up by an established futures house. For the56 words
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Advertisement60 1992-04-28 1 V i Editorial, Pg 12 Lee says he will be economic, political observer, not adviser, Pg 2 Lee sees Viets in Afta within 15 years, Pg 2 Cartier (a/tier Bcxtoque/ SINGAPORE Palais Renaissance, #01 -03, 390 Orchard Road. Tel: *****93 Hilton International, #01 04, The Shopping Gallery, 581 Orchard Road60 words
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PAGE 2 NEWS
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Article, Illustration572 1992-04-28 2 Yang Razali Kassim - Senior Minister's visit to Vietnam Role entails visits, say once in 18 months, to provide inputs KtpOTiS Dj Yang Razali Kassim in HO CHI MINH CITY SENIOR MINISTER Lee Kuan Yew said yesterday he would play the role of an572 words
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209 1992-04-28 2 HO CHI MINH CITY Vietnam, which is undergoing a major economic transformation, is expected to join the Aseu Free Trade Area (Afta) within 15 years. Giving this assessment here yesterday, Senior Minister Lee Kuan Yew said Vietnam should aim to link up209 words
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469 1992-04-28 2 Rajendra Bajpai - From Rajendra Bajpai in NEW DELHI SEVERAL Indian stock exchanges opened yesterday after a two-week strike by brokers angry at government attempts to regulate their business. Delhi, Calcutta and other markets resumed trading, but the major market of Bombay where brokers' protests were loudest469 words
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321 1992-04-28 2 Reuter TOKYO Three of Japan's biggest brokerages yesterday announced hefty losses on marketable securities and one, Daiwa Securities Co Ltd, said it was slashing its profit forecast by about 30 per cent. The brokerages Daiwa, Nikko Securities Co Ltd and Yamaichi Securities CoReuter - 321 words
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308 1992-04-28 2 Reuter KUALA LUMPUR South Korea and Malaysia plan to become major Asian arms suppliers by jointly producing a wide range of defence equipment, Malaysia's new armed forces chief General Yaacob Mohamad Zain said. "We are looking at producing naval vessels, infantiy fighting vehicles,Reuter - 308 words
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Article, Illustration430 1992-04-28 2 Harish Mehta - By Harish Mehta SINGAPORE HongkongBank has had exploratory talks with a world famous British environmentalist to launch Asia's first green trust fund on the Stock Exchange of Singapore. Environmentalist Professor David Bellamy, 57, told BT that he had made430 words
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Article, Illustration658 1992-04-28 3 Hong Lee Tiam - Group to run department store in Hongkong By Hong Lee Tiam SINGAPORE Retail chain Emporium Holdings Pte Ltd plans to expand in Singapore and abroad. It will set up more branches here, buy its HDB shops, open outlets in Hongkong, and start a franchise658 words
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265 1992-04-28 3 Genevieve Cua - By Genevieve Cua SINGAPORE An Asian business consultancy firm has been formed to help small and medium-sized enterprises (SMEs) in Europe find manufacturing or trading partners in Asia. Asian Business Contacts Pte Ltd (ABC) founding director Chris Claridge said interest265 words
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293 1992-04-28 3 Ms4b plant will double Malaysia's production Reuter KUALA LUMPUR A Japanese-led group has signed a Ms 4 billion (552.6 billion) contract with Malaysia's state oil firm Petronas to build a liquefied natural gas (LNG) plant, Petronas officials said. Under the deal, Japan's JGCReuter - 293 words
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482 1992-04-28 3 Bernama KUALA LUMPUR The total gross revenue of top Malaysian companies is expected to increase slightly by 0.6 per cent to M 545,152.3 million (5529,349 million) in the first half of 1992 compared with M 544,867 million in the second halfBernama - 482 words
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Page 2 Advertisements
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Advertisement74 1992-04-28 2 DOORMAN BY HANS GEDDA H pj f "fftlfepJK;B y > Ba Hk;' tr^_>2 V v<9 M "AS I WALKED OUT FROM THE LOBBY, HE SAW MY CAMERA AND GAVE ME TIPS TO THE HISTORICAL SITES IN SINGAPORE. I SHOT HIM INSTEAD." frS&PH photographer A ANA HOTEL SINGAPORE The Classic hotel74 words
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Page 3 Advertisements
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Advertisement251 1992-04-28 3 V^r^2o'j« lw ri I The Ist award winning notebook I with a unique convenient key mouse I The new ft Book 386SL works longer too! I -y Now, you have a 386SL notebook with a unique convenient I key mouse that's easier to use and carry around. I EZrßook 386SL251 words
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Advertisement302 1992-04-28 3 550 Companies Waiting In Line To Share Their Success With You! For 4 Days Only! Incorporating cpnenuip *aa 13-16 MAY 1992 WORLD TRADE CENTRE, HALLS 1,2,3 4 OUTDOOR AREA, SINGAPORE KfwyvK Vi"i 550 and counting! At SIBEX l BOSIRKS «'£E2£SX fin**** and construction industry OUr QUCSI 111 A forum. All302 words
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SINGAPORE NEWS
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NEWS ROUNDUP
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96 1992-04-28 4 BRIGADIER-GENERAL George Yeo, Minister for Information and the Arts, and Mr Harmoko, the Indonesian Minister of Information, will jointly open the first meeting of the Technical Committee on Cooperation in the Fields of Broadcasting and Information between Singapore and Indonesia today. BG Yeo96 words
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38 1992-04-28 4 DAU NGOC XUAN, chairman of the Vietnamese State Commission for Cooperation and Investment, will be leading a 12-member delegation to Singapore from May 14-15 for a conference on new investment priorities in Vietnam.38 words
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50 1992-04-28 4 ALMOST all eligible voters in the Clementi demonstration precinct had cast their votes on the upgrading programme when polling ended on Sunday. A Housing Board statement yesterday said 674 voters, or 99.7 per cent, had voted since the exercise began more than a week ago.50 words
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Article26 1992-04-28 4 RAS Commodity Exchange Ltd has appointed Telerate Financial Information Services as the official vendor for members of the newly set-up exchange.26 words
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216 1992-04-28 4 THE self-help body of the Chinese community, launched yesterday, aims to raise $50 million for an endowment fund to help improve the life of poor Chinese-Singaporeans. Prime Minister Goh Chok Tong, who has agreed to be the patron of this216 words
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417 1992-04-28 4 Quak Hiang Whai - By Quak Hiang Whai EXPORT Credit Insurance Corporation of Singapore Ltd, which yesterday reported a 24 per cent drop in net earnings to $12.9 million for its 1991 financial year, plans to expand further into China, India and Sri Lanka. Group417 words
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340 1992-04-28 4 Helen Chang - By Helen Chang SINGAPORE'S media industry is poised to grow in the coming years, as consumer affluence grows, local advertising sales expand, and the Republic's regional printing business continues to surge. Most of this growth some 11 to 13 per340 words
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284 1992-04-28 4 Rahita Elias - By Rahita Elias INTERNATIONAL consultants Malarkey-Taylor Associates will undertake a feasibility study, lasting about six months, on the possible launching of cable television in Singapore. Dr Chia Choon Wei, Singapore Telecom's vice-presi-dent (Ventures), said: "This feasibility study will help us in our284 words
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Article, Illustration188 1992-04-28 4 IN A May Day message, Labour Minister Dr Lee Boon Yang told workers to moderate their wage expectations and pay more attention to productivity. Pay hikes have raced ahead of productivity increase in the past three years, and Singapore is in real danger of188 words
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Page 4 Advertisements
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Advertisement279 1992-04-28 4 Marketing Communication Strategies in the 90s- 111 International, Technological and Competitive Perspectives TOO*t. 05ot Address, 10.00-10.30 am Taaßrask A/P Tan Chin Tmng, President I Markafng Instituta of Singapore 2.05-2.15 pm Opening Address by Guest-of-Honour Ogltvy ft Mather Direct 3.00 pm "Strategic Communication Planning" 11.30-1 2.30 pm 'What a 9X^k f279 words
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Advertisement197 1992-04-28 4 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1993U A special Business Times Hay 4,1898 i 'la The for this year'* supplement is Mfeneflng the on giviwth achieved in ftC6ttt jfWTB ty Asia's banking Aivtitnancg w. Industry and the oonstr&lnts faced by region's regulators to enoowa#i and maintain the image and integrity of197 words
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Page 5 Advertisements
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Advertisement341 1992-04-28 5 f n >v 4 T 7* >>*T Popular belief has it that "i' f > -'kf. *»> $> > V I** *> I>» >ft |k V. -ijfi _JI r, > > t i~- >*f~ z t v" r k XS*' Sr** »v>* V* 7v. i 'T v>£% x V< 1341 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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76 1992-04-28 6 SINGAPORE Magnum Corporation Bhd said in a statement to the Kuala Lumpur Stock Exchange yesterday that its purchase of 16.4 million shares in Pilecon Engineering Bhd is an investment in view of the losg-term potential and bright prospects for Pilecon as one of76 words
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Article84 1992-04-28 6 SINGAPORE Automated Systems (HK) Ltd, part of the publicly-listed CSA Holdings group, has clinched a US$9 million (5514.8 million) deal with the Hongkong government's Architectural Services Department. Automated Systems will supply, implement and maintain a new computer-aided drafting system and related equipment. Meanwhile, in84 words
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Article108 1992-04-28 6 SINGAPORE Far East Asset Bhd slipped into the red in 1991, poating a group net loss of M 5330,000 (*****,500) from a group net profit of M 5536,000 the year before. In a statement yesterday, Far East Asset said the poor performance was108 words
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58 1992-04-28 6 SINGAPORE Repco Holdings Bhd has bought an exhaust manufacturing operation for MS 1.05 million (*****,500) CMh The jsur£hase was made through wholly-owned subsidiary Repco Autoparts Manufacturing Sdn Bhd. It will be financed by an injection of funds into Repco Autoparts whose share capital will be58 words
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87 1992-04-28 6 KUALA LUMPUR Sitt Tatt Bhd said yesterday that its wholly-owned subsidiary in Singapore, Sitt Tatt (S) Pte Ltd, has acquired the dormant Sitt Tatt Industrial Products Pte Ltd (STTP) in a move to reactivate it. The acquisition comprised two subscriber shares of SSI each87 words
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164 1992-04-28 6 SINGAPORE Venture Manufacturing (Singapore) Ltd made a feeble debut on Sesdaq yesterday, with its shares trading at a discount to the offer price of 40 cents each. Brokers said the generally quiet market saw Venture Manufacturing's share price slide to164 words
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564 1992-04-28 6 Talks going on now with various parties, says company's chairman Bernama KUALA LUMPUR The Malaysian International Shipping Corporation Bhd is currently having discussions with various parties interested in becoming partners in its port terminal operation in the Saigon port of Ho Chi MinhBernama - 564 words
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Article, Illustration441 1992-04-28 6 Lee Han Shih - ■y Lee Han Shih SINGAPORE Straits Steamship Land (SSL) will be spending $63 million to build an extension to its Keppel Towers office block. The extension is to be built on a plot of land at Tanjong Pagar Road,441 words
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Article, Illustration299 1992-04-28 6 Dexter Lee - Ir Dexter Lee SINGAPORE Singapore Technologies Ventures Pte Ltd (STV) has pumped $50 million into AMS Precision Engineering Pte Ltd, a whol-ly-owned subsidiary involved primarily in the Pratt Whitney PW4OOO engine programme. Connecticut-based Pratt Whitney, a member of the United Technologies Corporation299 words
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350 1992-04-28 6 Sylvia Wong - Sylvia Wong SINGAPORE Proceeds from United Industrial Corporation's (UIC) sale of assets last year have lowered the group's loans to $1.21 billion at the end of 1991, down from $1.60 billion one year earlier. The bulk of this sum $374.74350 words
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772 1992-04-28 6 Chew Eng Han - THF r.:'K SIEW COLUMN ay Chew Eng Han SINGAPORE Shareholders of Federal Cables are in the enviable position of suddenly having a number of options open to them. In a matter of weeks, two suitors have offered to acquire the aompany's772 words
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Article, Illustration477 1992-04-28 7 Ceiling set for foreign investors Reuter SYDNEY Shares in Australia's oldest publishing group, John Fairfax Holdings, due to relist next month after a four-and-a-half-year absence, have been snapped up by investors. The public offer of 173.25 million shares in 151-year-old Fairfax atReuter - 477 words
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224 1992-04-28 7 JAKARTA The less popular Over-The-Counter (OTC) Stock Exchange is likely to face further difficulties when the Surabaya Stock Exchange (SSE) eases its listing rules to attract share issuers. OTC director Hasjim Djalal remains upbeat despite the keener competition, saying that the224 words
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COMPANY BRIEFS
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85 1992-04-28 7 AUCKLAND One of New Zealand's biggest civil court cases opened in the High Court here yesterday with a construction company suing the country's best-known property investor for NZ$l72 million (SSISI million). The investor, Robert Jones Investments (RJI), is counter-claiming against construction firm McConnell85 words
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Article59 1992-04-28 7 HONGKONG Japan's Sharp Corp plans to form a joint venture with China's Dongda Enterprise (Group) Corp to build a 180 million yuan "electronic city" in the southern Zhuhai special economic zone, Dongda vice-manager Jiang Chunan said. Dongda and the Japanese firm will construct a factory due59 words
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Article57 1992-04-28 7 KARACHI Pakistan Oilfields Ltd (POL) said it plans to invest 112 million rupees (557.4 million) in Attock Industrial Products Ltd (AIPL) as part of a business diversification programme. The POL would acquire 75 per cent equity interest in AIPL comprising 11.2 million fully-paid-up ordinary shares57 words
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Article69 1992-04-28 7 LONDON Eurotunnel pic, the owner of the tunnel linking France and Britain, has announced bleak results. Group executives said the estimated costs of completing the project had jumped £730 million (552.146 billion) in the last six months and that the group was in technical breach of69 words
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586 1992-04-28 7 Reuter BANGKOK The perceived stability of Thailand's new government will be the most important factor deter* mining the mood in the stock market here over the next few months, securities analysts and brokers said. "If there is another big demonstration or rally againstReuter - 586 words
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Page 6 Advertisements
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Advertisement202 1992-04-28 6 5 w HiprW''<. -UP* HP **Si^jffl»- ->••' ■P^72^H|i Ks ,t KiT -vc BfßrcgTT/" M '"Z Z ""fffIFPTW 1 3 deys and 2 nights »tay specio^s3s2s?Ji^now be enjoyeJtf. Langkawi Holiday Villa. At a value" fiIWW(HH#99§.OB iaitwo persons, (his special pockoge offers Mux* Room occommodotion ond a host of attractive discounts 100%202 words
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Page 7 Advertisements
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Advertisement261 1992-04-28 7 k m fT"TI Tfef new Honda Civic. A 1 ,11 stor y °f unmatched performance. I i an automobile engine sophisticated VTEC engine cleverly responds to the needs of the driver ivith ultra precision. For the first time, the timing and lifting of the 16 valves in the engine can261 words
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FINANCIAL NEWS
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SMALL CHANGE
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107 1992-04-28 8 KUALA LUMPUR State-owned Bank Bumiputra Malaysia Bhd, Malaysia's second largest bank, has raised its base lending rate to 9.0 per cent, from 8.6 per cent, with immediate effect, a bank spokesman said. The bank last week raised its interest rates for one107 words
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Article65 1992-04-28 8 TAIPEI Taiwan's Central Bank has started examining the financial operations of all local banks following a drastic increase in loans and investments made by financial institutions here, bank officials said on Sunday. "We are concerned about the sharp increase in March, since it indicated unusual expansion of65 words
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63 1992-04-28 8 SEOUL The South Korean government has imposed punitive unctions on 23 domestic financial institutions for failing to keep wage increases under 5 per cent, a leading newspaper said on Sunday. The Finance Ministry banned the 23, including six commercial banks and 12 insurance firms, from63 words
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Article64 1992-04-28 8 TOKYO Mitsubishi Bank said it and Kasumigaseki Credit Union agreed to merge on April 1, 1993. Mitsubishi Bank will remain alter the merger, while the Kasumigaseki credit union, also known as a credit co-operative, will be disbanded, Mitsubishi Bank president Tsuneo Wakai told a news confer- ence.64 words
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Article60 1992-04-28 8 KUALA LUMPUR ASM First Public Fund, Amanah Man's fourteenth and largest fund to date, has attracted substantial non-bum iputra interest. ASM chief executive Kamaruddin Mohammad said around 30 per cent of the units in the fund take up so far were by non-bumiputras. The ASM First60 words
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100 1992-04-28 8 TOKYO Dai-Ichi Kangyo Bank Ltd (DKB) said it would under Japanese accounting principles, a writedown of marketable corporate bonds, equities and other securities of 72 billion yen (*****.6 million) for the year to March 31. However, DKB said in a statement that the writedown of100 words
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426 1992-04-28 8 Bank of Scotland agrees to take General Accident's stake in Countrywide Reuter CHRISTCHURCH Countrywide Banking Corp Ltd said it had agreed to buy United Bank Ltd from State Bank of South Australia for NZ5182.5 million (SS 160.6 million). In a related move, Bank ofReuter - 426 words
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Article, Illustration542 1992-04-28 8 HK govt to name financial adviser before sale talks begin The Sunday Morning Post HONGKONG The Dao Heng Bank has declared its interest in buying the govern-ment-owned Overseas Trust Bank (OTB), a move that would instantly make it the third biggest bankThe Sunday Morning Post - 542 words
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355 1992-04-28 8 Shoeb Kagda - By Shoeb Kagda SINGAPORE US-based Morgan Stanley Group Inc has outbid its competitors to win the three seats available on the Singapore International Monetary Exchange Ltd (Simex). The company's subsidiary, Morgan Stanley Futures (Singapore) Pte Ltd, was granted in-principle approval for corporate non-clearing membership355 words
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Article, Illustration223 1992-04-28 8 HONGKONG DBS Bank chairman, Ngiam Tong Dow, has been appointed to the board of Hongkong's Wing Lung Bank. The appointment followed DBS Bank's purchase of a 10 per cent stake in Wing Lung, the territory's fourth-largest publicly-listed bank with total assets of223 words
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511 1992-04-28 8 Chew Eng Han - Chew Eng Han SINGAPORE Sang Kancil is back. Futures house Refco (Singapore) Pte Ltd has agreed to set up a special in-house trading account for the purpose of this weekly column. From May, Sang Kancil will track all trades on511 words
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Page 8 Advertisements
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Advertisement291 1992-04-28 8 Whichever rood you take, we'll give you a good start. Ehf WyUUUlAUliltiflV hH FLEXI-DRIVE \>INANCING/ Things are now looking better for car buyers. Find-Drift Flaaadßg* With the introduction of Flexi-Drive Financing, we Our unique Flexi-Drive Financing Scheme lets you give you the flexibility of two easy finance schemes. m enjoy291 words
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Advertisement84 1992-04-28 8 MYNA" Brand NC4OIO, NC4012 Striped 4 Printed Bed Sheets (Originally "SPARROW333"Bed Sheets)are AAr Jk |r traditional commodities of Jiangsu in China. Ait Na NC4OIQ: All Cotton, Weight 24 Liang/Piece BTx9O". 4V c# Art Na NC4GI2: All Cotton, Weight 12 Liang/Piece 54"x78". xT> "MYNA" Brand alto used for all kind of84 words
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THE REGION
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Article, Illustration593 1992-04-28 9 Catherine Ong - News Analysis From Catherine Ong in HONGKONG AS Hongkong digests the news of Chris Patten's appointment as its last British governor, the debate on whether he will reshape the territory's political future before it returns to communist rule in 1997 begins. The Tory593 words
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510 1992-04-28 9 AFP SYDNEY Economic data due for release tomorrow are widely expected to confirm that Australia is on a low inflation course, with market analysts tipping a cut in interest rates as a result. A rise of about 0.5 per cent inAFP - 510 words
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211 1992-04-28 9 AFP CANBERRA Officials yesterday played down a report of fears of an impending coup in Papua New Guinea, while Port Moresby dismissed it out of hand. The Sydney Morning Herald said Australian intelligence was concerned that two troubling trends were creating a climate "whichAFP - 211 words
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372 1992-04-28 9 AFP SINGAPORE Vietnam has wasted no time in reaping its peace dividend from the end of the Cambodian conflict, signing more than two dozen accords with Asian countries to plunge back into the regional community. But foreign officials and executives in the regionAFP - 372 words
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322 1992-04-28 9 MBT KUALA LUMPUR The manufacturing sector, the stalwart of the Malaysian economy, can expect to see substantial re-investments in the next two years despite the current recessionary conditions in the world economy. Preliminary findings of the latest survey by theMBT - 322 words
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NOTE BOOK
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94 1992-04-28 9 SEOUL Czechoslovakian President Vaclav Havel said yesterday that his country wants to strengthen economic and other ties with South Korea. "Our two countries have much to share in promoting democracy and a market economy, and I hope these existing cooperative relations would continue94 words
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Article81 1992-04-28 9 SEOUL Kim Young Sam of the ruling Democratic Liberal Party (DLP) moved a step closer to gaining the patty's presidential nomination yesterday after picking up the support of a key party faction leader. Kim Jong Pit, a party co-chairman and leader of one of its81 words
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Article68 1992-04-28 9 BANGKOK The Laotian government has signed an agreement to grant a 10-year logging concession to a Taiwanese company, which will fell and replant trees in two central provinces. The agreement said the Chang Linh Lumber. Co Ltd would from next month fell 10,000 to 12,000 cubic68 words
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Article73 1992-04-28 9 COLOMBO Sri Lankan President Ranasinghe Premadasa has ruled out snap polls and said his government is determined to see through its full term in spite of attempts by "elements" to remove him. "The next general election and presidential election will be held only after the73 words
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Page 9 Advertisements
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Advertisement263 1992-04-28 9 When you fly from Singapore to Italy on business, you arranged in a generous 2+2+2 seat configuration. There's 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 2105263 words
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THE WORLD 1
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Article, Illustration544 1992-04-28 10 Dee Rissik - Mm ■iili nOpOTvS Dy Dee Rissik in JOHANNESBURG LEADING members of the Keidanren, the biggest federation of business groups in Japan, will visit South Africa next month to assess the changed political situation with a view to boosting investment and trade. The544 words
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339 1992-04-28 10 A HONGKONG family consortium has invested in two property projects in South Africa's Cape region, in what is a test of the country's investment potential. The investors, two brothers and a cousin of the Man family, who are said to have other339 words
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Article, Illustration501 1992-04-28 11 Industrialised nations also hail the country's economic reforms Reuter WASHINGTON The capitalist West gave Russia a clear message of support on Sunday, promising its onetime enemy billions of dollars of aid and giving a green light to the country's bold economic reforms. A statementReuter - 501 words
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410 1992-04-28 11 Reuter WASHINGTON Alarmed that the former Soviet republics may become the new for-eign-aid magnet of the world, developing nations are urging rich countries to keep providing money to fight poverty, famine and the debt crisis. "The transfer of resources and assistanceReuter - 410 words
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402 1992-04-28 11 Poor nations being denied USssoob in market opportunities: UN report Reuter MANILA The threat of poverty spreading across international borders will force rich nations to open up their markets to developing nations, a special adviser to the United Nations Development ProgrammeReuter - 402 words
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312 1992-04-28 11 AP NEW YORK As many as 100 million people may be living in slavery around the world, despite nations' claims that human bondage no longer exists, according to Newsweek magazine. Four Newsweek correspondents spent the last year interviewing enslaved men, womenAP - 312 words
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Article, Illustration340 1992-04-28 11 Reuter BELGRADE The attempt by the Serbian Parliament to adopt a new Constitution and proclaim a new Yugoslavia yesterday was seen by diplomats and analysts as a move to dodge international isolation. Its supporters say it will pave theReuter - 340 words
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WORLD WATCH
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90 1992-04-28 11 HONGKONG China is to set up its first sweepatakefirm to sell lottery tickets overseas, it was reported here yesterday. An agreement has been signed between Shanghai City Jinshan Foreign Trading Co and the financial firm Baida from the Portuguese enclave of90 words
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Article82 1992-04-28 11 WASHINGTON Industrial countries are the chief culprits in environmental pollution, so they should foot the clean-up and protection bill, the Group of 24 developing countries said here on Sunday. The World Bank estimates that the cost of environmental protection in the developing countries will run at82 words
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Article52 1992-04-28 11 TEHERAN Ukrainian President Leonid Kravchuk left Iran on Sunday after a two-day visit, during which he signed several agreements on economic co-operation. The official Iranian news agency Iraa quoted Mr Kravchuk as saying Ukraine could serve as a bridge linking Europe to Asia and the52 words
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Article48 1992-04-28 11 BELFAST The number of tourists has more than doubled in the past four years in Northern Ireland, despite rising sectarian and political violence, the tourist board said yesterday. Up to 263,000 people visited the British-ruled province in 1991, compared with 125,000 in 19S8.48 words
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Article81 1992-04-28 11 JOHANNESBURG Finance Minister Barend du Plessis, who came close to beating F W de Klerk in the 1919 contest for the South African presidency, announced on Sunday he would resign from politics on May 1 because of exhaustion. Du Plessis, who has been in charge81 words
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Page 10 Advertisements
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Advertisement2563 1992-04-28 10 3sH JURONO SHIPYARD LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY CIVEN that an "Extraordinary General Meeting of the Company will be held at 5 Jalan Samulun, Singapore 2262 on Saturday 16 May 1992 as soon as the 29th Annual Genera' Meeting of2,563 words
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Page 11 Advertisements
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Advertisement198 1992-04-28 11 Now, from one source you can get a highly revealing, insight information on any company in Singapore compiled from over 20 public and private record sources all totally reliable. The Corporate Profile from Credinet's extensive database provides a complete picture of any company from the statutory information filed with the198 words
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Advertisement694 1992-04-28 11 3sjj JUROMO SHIPYARD UMTWD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 29th Annual General Meeting of the Company will be held at its Registered Office, 5 jalan Samulun, Singapore 2262, on Saturday 16 May 1992 at 11.00 am, for the694 words
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Article468 1992-04-28 12 EDITORIAL WHEN pressed for comment on the composition of the new Thai cabinet, former Prime Minister Anand Panyarachoon exclaimed: "Aiyah." That he was not being facetious has become apparent, as Cabinet members of the Suchinda Kraprayoon administration begin to give some idea of the sort of468 words
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WHAT THE OTHERS SAY
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Article220 1992-04-28 12 THE CHANGING REALITIES of international commerce cannot but force Australia to redefine its economic and political neighbourhood. "The region" is no longer Europe; it is Asia. Australians would be wrong to treat this choice as a painful inevitability, for it is also an opportunity an opportunity to plug220 words
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Article89 1992-04-28 12 MENDAKI has launched another special programme for secondary students. The programme, known as Special Improvement Project, is targeted at students in the normal stream. The objective is to minimise the number of Malay students in the normal stream by helping them to the express stream. The programme89 words
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Article180 1992-04-28 12 GENERALLY, employers are against executives joining rank-and-file unions mainly for fear of conflict of interest. The NTUC, however, feels that it is the right of executives and supervisors to join unions. It is a question of different opinions and not a matter of who is right and who180 words
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REGIONAL VIEWPOINTS
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Article207 1992-04-28 12 ABANDONED, abused, neglected, poor, homeless these are the conditions of the children who are forced to spend their childhood and adolescent years, what could otherwise be the best years in one's life, in a welfare home. The very same conditions have also compelled the handicapped,207 words
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Article186 1992-04-28 12 OVER THE NEXT five years, the task for Christopher Patten, Hongkong's Governor-designate in balancing the triple interests of London, Hongkong and Bering will be a massive and frustrating one. On the home front, too, Mr Patten will need to come to grips with the pressing186 words
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Article111 1992-04-28 12 LAST YEAR, the United Nations Development Programme (UNDP) drew up the Human Freedom Index to list countries according to its own criteria of what that freedom constitutes. It was a gross distortion of the domestic conditions of various countries and ignored the honest efforts of nations to111 words
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Article, Illustration922 1992-04-28 12 Andrew Fisher - Andrew Fisher looks at the ways BMW is planning to stay ahead of the competition Andrew Fisher FT BMW turns other car manufacturers green with envy. The Mu-nich-based group's cars are sleek, sporty and popular, its sales and profits keep on rising;FT - 922 words
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Page 12 Advertisements
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Advertisement138 1992-04-28 12 C-i */> I After a hard dayinthe business jungle, you may like to talk to our headhunted r?i Jr There 1 no better bate for adventures in the business jungle than Hyatt Kinabahi. A auperb location and outstanding eacuttefcdlitfea, make staying at Hyatt Kinabahi an astute corporate decision. Our noes138 words
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Page 12 Miscellaneous
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Miscellaneous44 1992-04-28 12 DOONESBURY BY GARRY trudeau II A Pt&ICT SAINT, *nee voukeNor mtouja itiwsout.hbk *£££> wow..She I LACXO9' J jna VOPHAP- HW~ MM**** JUST MJSTMUK6 kjd' pomes** shps mom that in tbksas a scout ok f y NOT A BAN fWCCV PUfnWUSUfB, STILL AUVB SCMHhINS WW t44 words
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ANALYSIS
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864 1992-04-28 13 Michael Hindley - Michael Hindley says PR has shown itself to be a recipe for indecisive government all over Europe Michael Hindley The writer is a member of the European Parliament THE British general election which produced, for the pundits and pollsters at least, a surprise result, underlines864 words
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Article, Illustration1352 1992-04-28 13 Neville Stack - With January 1993 not too far away, Neville Stack finds a contagious malady afflicting European Community statesmen Neville Stack The writer is a London-based journalist w lto contributes to H I WHEN the European powers plight their troth at Maastricht four months ago, one of1,352 words
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580 1992-04-28 13 Nailene Chou Wiest - Nailene Chou Wiest describes Salomon Brothers' new technique to control currency risk in global portfolios Nailene Chou Wiest Reuter WITH DEMAND for controlling currency risk in global portfolios growing rapidly. Salomon Brothers has devised a hedging model that seeks to lower costsReuter - 580 words
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Page 13 Advertisements
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Advertisement293 1992-04-28 13 Twmmo Mm *****,1982 Alton HeW *9R(MS iMriM) (Nw M SEMINAR CONTENT How to plan and prepare a presentation Simple, practical check-lists for each step How to select the right aids How to use aids effectively to make presentations have impact, persuasiveness and high retention How to generate confidence and polish293 words
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FOCUS
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Article, Illustration1498 1992-04-28 14 Cheap oil made America complacent, the Japanese used to lecture, as they proceeded to drive a giant hole through the American market. Today it's Japan's turn. Matsushita Electric Industrial Co is a paragon of Japanese industrial might and a citadel of management. With sales last1,498 words
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Page 14 Advertisements
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Advertisement358 1992-04-28 14 I I For a proper business conference, the 1000 sq ft Conference 0 Room is appropriate. It also comes with a complementary preparation room which you can convert to a sale office or a BBF JS|H At the Business Centre, you literally get more rooms. K Reception Area: This doubles358 words
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INNOVATION & TECHNOLOGY
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Article, Illustration482 1992-04-28 15 Ang Wan May - Ang Wan May visits Sony's Singapore laboratory to find out why the Japanese company is so successful in delivering innovative and high-quality electronics products Ang Wan May THE REASON behind Sony's success in delivering innovative and high-quality electronics products is its emphasis482 words
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834 1992-04-28 15 Neil Davis - Neil Davis looks at why the Japanese behemoths are weakening in the market-place Neil Davis FT FOR JAPANESE computer makers, these are turbulent times. A diverse set of trends is causing stormy conditions in the industry and those companies that fail to latch onFT - 834 words
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406 1992-04-28 15 IBM Singapore has invested $340,000 in a new computer centre at the Singapore Institute of Management (SIM) to enable managers and supervisors to make better use of information technology (IT). Among the programmes the centre is offering is the Advanced Programmes406 words
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TECH TAKES
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107 1992-04-28 15 SINGAPORE Spot Image, which distributes geographical information gathered by observation satellites, has set up a subsidiary in Singapore called Spot Asia. This is Spot Image's third subsidiary after the US and Australia. Spot Image has a network of over 50 distributors covering all five107 words
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Article43 1992-04-28 15 SINGAPORE Siemens Nixdorf has introduced a retail banking package that was developed in Malaysia for the Asia-Pacific region. Called X/Bank, it is now available in Siemens Nixdorf offices in Australia, China, Hongkong, Malaysia. Singapore, the Philippines and Sri Lanka.43 words
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Article117 1992-04-28 15 SINGAPORE The Information Communication Institute of Singapore (Icis) is inviting applications for the second intake for its new postgraduate course in network planning and simulation software (NP&S) in July for those who want to be specialists in communications software. The NP&S course lasts 49 weeks117 words
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Article81 1992-04-28 15 SINGAPORE Lotus Development has appointed James M Fieger as the vice-president and general manager of its Asia-Pacific operations. Mr Fieger will be responsible for business operations in Australia, New Zealand, South-east Asia and the Far East, excluding Japan. He will be based in Singapore which81 words
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Article101 1992-04-28 15 REDWOOD Genelabs Technologies Inc, a biotechnology firm in California, has patented the genetic code to reproduce a potential drug to fight Aids that is derived from a Chinese flowering plant called trichosanthes kirilowii. Alpha-trichos-anthin, the compound isolated from the plant, has been used in China to101 words
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Page 15 Advertisements
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Advertisement824 1992-04-28 15 r The First Canadian Bank flB Bank of Montreal 129, St James Street, Montreal, Quebec H2YIL6, Canada STATEMENT OF ACCOUNTS FOR YEAR ENDED 31 OCTOBER, 1991 Note: All figures quoted in Canadian dollars (thousands) CONSOUDATED LIABILITIES 1991 1990 1,91 1990 Assets Interest Dividend Fee Income >.741,447 9.534.147 Interest Expense 6.999,550824 words
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Page 16 Advertisements
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Advertisement1239 1992-04-28 16 Nothing Beats A Bud. BHffifl where to wine, dine KING OF —^—■—————^——————^—i^—^i— DAILY SPECIAL II Mon Superior Shark's Fin with Seafood 22.00 (per person) 11 Tue Braised Whole Abaione with Oyster Sauce 116.00 each II Wed Steamed Live Baby Lobster 5.00 /1 00q II Thu Steamed Sultan fish with Ginger1,239 words
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Page 16 Miscellaneous
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Miscellaneous661 1992-04-28 16 TELEVISION AND RADIO WW T 1 •1-1 *«ICH ».j« P.S.I.U.U rhoHonomoon- BUSINESS ON BACK) AMaI <1 rl l/J zmmi&itz**,. er* V,ctor,a Brighton WW I 51 II fl W1 111 her llf,; danecr wlKn InoNm 3* BBC, M.9 mHz in VHF Band B Clllvi T T JJLvI- $.55 fW Opining. bystander661 words
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LIFESTYLE
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Article, Illustration728 1992-04-28 17 James Flannery - Shops and hotels in Moscow don't want it. Russians prefer not to own it. The rouble is not a popular currency in its own country, notes James Flannery James Flannery Reuter MONEY creates a kind of economic apartheid that startles visitors to Russia's majorReuter - 728 words
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Article, Illustration431 1992-04-28 17 CHATTERBOX ANOTHER chapter to the Roots saga is being written for television. Queen is an adaptation of a book by recently deceased author Alex Haley, famed for his acclaimed work Roots. The planned mini-series has begun production in Charleston, South Carolina, under Hollywood431 words
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Page 17 Advertisements
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Advertisement160 1992-04-28 17 AND ENTERTAIN i I Ra Shai IVfase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 16 3m WHY WOULD YOU WANT160 words
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Advertisement154 1992-04-28 17 9-COURSE DELICACIES kMI 9 BONUS ITEMS ifrOK|J Enjoy the following bonus coeC»* «ems now! *2,** Menu SK*""*"*""* s"*5"** 1 7W H"®* 81. ASSORTED COLO CUTS 3 1. I Euroca 35mm MFII camera g a > <1 ■> ir or r.u S 3 oitAMtU l/HILKtN m 2. I roll Konica 135-35154 words
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Advertisement174 1992-04-28 17 WE TBBST GUESTS EL F1 01 NEW BOOMS MORE COMFORTABLE. We know you'll spot the two and Mischief Lounge plus restaurants queen size beds in each newly offering exotic Japanese and Cantonese I renovated room. (And if cuisines. Singapore s most I there's space for two beds, exciting street/ Orchard174 words
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SPORTS
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SIDE LINES
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81 1992-04-28 18 NASHVILLE, Tennessee Maggie Will nabbed three birdies in the last four holes to move to 207, then triumphed in a three-way playoff with Brandie Burton and Amy Benz here on Sunday to win the Sara Lee Classic women's golf tournament. Will opened the 54-hole81 words
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Article88 1992-04-28 18 NEW ORLEANS Three race walkers have earned places on the US Olympic team in the 50-km race including two men who will be making their fourth appearances in the Games. Carl Schueler, who set a US road record through 35 km, finished first88 words
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Article66 1992-04-28 18 WELLINGTON All Black back-rower Jamie Joseph will face a New Zealand Rugby Football Union judicial hearing on Thursday over a stomping incident in the second centenary test in Wellington on April 22. Australian forward Brendan Nasser suffered a broken hand after Joseph appeared to stomp66 words
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Article59 1992-04-28 18 COPENHAGEN, Denmark Greco-Roman wrestling is on the threshold of modernisation and its appearance at the Olympic Games this summer might be the last time this ancient sport is contested under traditional rules. Simplified rules will be submitted to an International Wrestling Federation meeting during the Barcelona Olympics.59 words
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Article, Illustration344 1992-04-28 18 AP AUSTIN Defending champions Lee Trevino and Mike Hill, despite two bogies on the front nine, have held off all challengers to win the Legends of Golf. The pair shot a seven-un-der-par final round 65 on Sunday to finish the twoman, better-ball tournamentAP - 344 words
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Article348 1992-04-28 18 AFP GREENSBORO. North Carolina Davis Love 111 felt like he just needed to get on a roll, and he did, to a course-record 10-under par 62 and a six-shot victory in the Greater Greensboro Open golf tournament. It was his second straight tournament win. andAFP - 348 words
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427 1992-04-28 18 America's Cup AP SAN DIEGO Every time Dennis Conner gets into a hole, he sails right back out. Conner steered Stars and Stripes to its second straight victory and third in the last four races against Bill Koch's America 3 (America Cubed) onAP - 427 words
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Article, Illustration476 1992-04-28 18 Monte Carlo Tennis Open AP MONTE CARLO. Monaco Thomas Muster of Austria has been through so many injuries before, he wasn't about to let a little back problem get him down. He dominated Aaron Krickstein. 6-3, 6-1. 6-3. in 100 minutes to win theAP - 476 words
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Page 18 Advertisements
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Advertisement1288 1992-04-28 18 COnSOlI D fl I E D FlnHn C I R L STRTE I E D T S nillionf of Canadian Consolidated Statement of Assets and Liabilities Consolidated Statement of Income at at October 31 lor the year ended October II 1990 1991 1990 1991 Assets Intcml Income Income from loans1,288 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3578 1992-04-28 19 Lilian Ang - By Lilian Ang IT WOULD have been another slow day. But selective blue-chip buying particularly from institutional buyers added some spark to the local market yesterday and kept the Straits Times Industrials Index above the 1,400 level. The benchmark STII, which tracks heavyweight3,578 words
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Article, Illustration60 1992-04-28 19 Chew Eng Han - -By Chew Eng Han Comment KEPPEL almost hit the downside target of $6.50 early this month but has since rallied. However, with both daily and weekly indicators overbought, the rally may soon be reversed. Strong resistance at $8.05-3.10, if tested, should hold. Look for another sharp decline, probablySource: Bridge Info - 60 words
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Article2740 1992-04-28 20 1992 Tel Cwt Last Vol Day Last Quote Dj» DW VW N* MC|P High Low Code Company Traded Sale +or- (*000) High Low Bayer Seller >t 75 48 s 1269 Fuji OfTse, 20> 48 cd unch 67 49V, 48 47V, 48 jO.ON 1.6 4 22,740 words
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Page 20 Advertisements
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Advertisement128 1992-04-28 20 YOUR KEY TO I BETTERBUSINESS DECISIONS! I 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 I on Teleview, which incidentally is the most advanced and company news. or Tony Chia videotext system the128 words
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Article2790 1992-04-28 21 Gentings 50* 760 +10 +1.3% NST 326 +10 +3.2% Ejso SO* 448 +8 +1.8% Alcorn 172 +3 +1.8% ICB Corpn SO* 121 +2 +1.7% Public Bank SO* 93Vj +1V» +1.6* DMIB Bhd SO* 93 +1 +1.1* H Leong Credit 219 +1 +0.5* MMC 10* 1432,790 words
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Page 21 Advertisements
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Advertisement55 1992-04-28 21 Ideal. That*s what many men feel about Vivian Chow (below), the Hongkong singer-actress with the girlish charm and wholesome look. Some of her admirers are Wilson Lam, Chris Wong, Hacken Lee, Leon Lai and Joe Ni. Her secret?" I'm such a decent and obedient girl..." I*l 0} H *>— jV55 words
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BT SHARE INFORMATION SERVICE
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Article277 1992-04-28 22 Cifny Date Yaar Craa* Hat Nat aaratogs 6rau mr to pr«m/lcss (L) par skara 4M4*4 <'••#) (cants) PSC Apr 25 Dec 91 $2.320($2.424) 2 6(2 8) 25(2 5) Prima Apr 25 Dec 91 $23,201 ($26,1%) 61 9(699) 25(25) OUE Apr 24 Dec 91 $24.169($25.033) 195(20 2) 16(16) Harimau277 words
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Article429 1992-04-28 22 f Date YMr 6rw» pra-tax Nat aarwtop 6rw* mi to profit/loss (L) Ht *Mro OhMaarf (•000) (eaate) B Rava Apr 22 Dec 91 M$18,193($17.425) 4 5(4.7) 3(2) Oriental HkJgs Apr 20 Dec 91 M$255.349($259.312) 120 1(131 7) 27^5(22) Dunlop Est Apr 16 Oec 91 M$146,821 ($3,803) 15(-) 7429 words
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Article332 1992-04-28 22 Cifaay Date Naif-year firm* pre-tax laterta ana to praftt/lMS (L) tivMantf ('HO) sm Apr 24 Feb 92 J123,204($110.396) 10(8) Tims Pub Apr 20 Feb 92 $18,782(125.132) 4(4) New Work) Apr 1 Dec 91 HK$1.276d($521.808) 21(16) Burwil! Mar 31 Oec 91 HK$14.779($11.169) 25(25) H Leong Cred.t Mar 31 Oec332 words
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Article1675 1992-04-28 22 Carrwt Ex leeks Date Tetel tar Tetel tar SS Me ctaee MT«W tee yeer lest yeer ton. 5% Jun 5 Jun 18 U 2 12« 10JTE Amtak En| 50c 6%TE(I) Apr 15 Apr 21 Apr 30 6%TE 12%TE A«imo 20c 12.5*TE Mar 3 Mar 13 May 15 1|WE1,675 words
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Article224 1992-04-28 22 Company Rights Issue Bolton Issue ot $90 9/8m nominal amount ot 3 b" Redeemable Unsecured Guaranteed Bonds 199? 9/ with 4b 189m detj '-.able ISRs on the basis ot 12 nominal amount of Bonds for every the* eiisting shares held Enlate Apr 15 Books dose Apr 30 Acceptance224 words
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358 1992-04-28 22 In local curr In SS In I S$ S dy S \t S dy S yr S dy S yt Apr 24 Index chge chgt ihge chge chge chge World 389.5 0.1 -4.6 0.0 -6.2 0.2 -8 4 tEAFE 467.4 0.1 -6.9 0.3 -10.7 0.5358 words
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Article, Illustration593 1992-04-28 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100CHARTS BY BRIDGE - 593 words
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KUALA LUMPUR STOCK EXCHANQE
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Article, Illustration4822 1992-04-28 23 Bernama STOCK prices ended lower in cautious trading yesterday as investors, refraining from long-term commitments, focused on lower-priced and speculative issues. In thin trading, the KLSE Composite Index dropped 2.69 points to 581.02 while the Industrial Index fell 6.03 points to 1,063.15 andBernama - 4,822 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration2194 1992-04-28 24 Reuter, AFP INVESTORS dumped shares on concerns over a new call by the opposition for a big rally against the government, brokers said. The SET index fell 20.29, or 2.55 per cent, to 774.52 on a thin turnover of 3.74 billion baht.Reuter,; AFP; Source: Bridge Info - 2,194 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration1209 1992-04-28 24 Reuter STOCKS closed lower in quiet trade yesterday, brokers said. The official index fell 2.15 points to 274.93, while turnover fell to 4.31 million shares compared with Friday's 4.74 million in a halfday session of trading. Japfa closed unchanged at 2,650 rupiah withReuter; Source: Bridge Info - 1,209 words
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Page 24 Advertisements
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Advertisement7 1992-04-28 24 THE WINNIN9 TEAM jB^J^&BWEEKEMD*a»t classifieds! Call *****46/*****527 words
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Advertisement88 1992-04-28 24 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 at88 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2526 1992-04-28 25 Reuter STOCKS ended moderately lower after a day of quiet, futures-led trade. With no incentives from the Group ot Seven meeting, company results season pending, and Golden Week holidays coming up, most people preferred to watch what little action there was from the sidelines, brokers said.Reuter - 2,526 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2613 1992-04-28 25 Reuter HONGKONG SHARES extended their record-setting run to the fifth consecutive trading day, despite moderate profit-taking in the morning. The blue-chip Hang Seng Index jumped 41.60 points to close at 5,371.77, while turnover fell to HKS3.I6 billion from Friday's hefty HKS4.O2 billion. "It'sReuter - 2,613 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2085 1992-04-28 26 UPI PRICES closed lower on the Sydney stock exchange yesterday despite speculation of a larger-than-expected cut in local interest rates. Although credit markets reacted to the speculation with bank bill yields falling to their lowest level for two decades, the sharemarket went intoUPI; Source: Bridge Info - 2,085 words
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REGIONAL STOCK MARKETS
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Seoul stocks close higher in active trading
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Article853 1992-04-28 26 ACTIVE BUYING in big manufactur- ing shares and financial* poshed the Seoul stock market to dote higher in heavy trading, brokers said. "Investor's buying switched to recent laggards which are big manufacturers and financial from former favourites of low-PERs and low-priced shares," a f Hyundai Securities broker said. Brokers853 words
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Article496 1992-04-28 26 SHARE PRICES moved narrowly to finish higher with moderate buying in late trade, and broken said the market would test 4,600 points in the near term. The weighted index finished 44.88 points higher at 4,486.43 compared with Saturday's 4,441.57 close. Turnover was NTS 14.49 billion against NT511.73 billion. Brokers496 words
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Article464 1992-04-28 26 SHARE P ICES closed higher in moderate trad> reflecting positive market sentiment tw weeks ahead of national elections, takers said. The Maila Stock Exchange compos- ite index rose 16.19 points to close at 1,190.87. "This is just a continuation of last week's upmove. We expect corrections to be very464 words
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Article351 1992-04-28 26 SHARES ended steady and brokers expect further consolidation after last week's strong run. The NZSE-40 capital index ended 1.32 points lower at 1,453.97 on reasonable turnover for a Monday of NZ$lB million. Countrywide Bank, after rising sharply on Friday and early yesterday morning before being suspended pending an351 words
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Article53 1992-04-28 26 INDICES TURNOVER ClaM Ayr 27 1*11 ilaii NEW ZEALAND NZSE-40 Capital 1,453.97 1.455.29 -1.32 MANILA Composite Index Turnover (million pesos) 1.190.17 151-76 1.174.68 +16.19 238.5 46.74 TAIPEI Weighted Price Index Turnover (NIS billion) 4.486.45 14.49 4.441.57 +44.88 11.73 +2.76 SEOUL Composite Stock Index Turnover (billion won) 608 06 449.36 595.8853 words
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CURRENCY, MONEY & FUTURES MARKETS
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1222 1992-04-28 27 REPORTS TW 1 Tokyo: The US dollar yesterday ended a hectic Tokyo session sharply lower against the yen on the Bank of Japan s dollar-selling intervention, market sources said. The level and amount of the BOJ intervention were not known immediately,1,222 words
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Article383 1992-04-28 27 Cross rattt Apr 27 USS SS MS Dm Yen SFr AJ NZ$ USI 1.6600 2.5290 1.6590 134.90 0.5656 1.5380 1.3245 1.8692 SS 0.6024 1.5235 0.9994 81.2651 0.3407 0.9265 0.7979 1.1260 MS 0.3954 0.66 0.6560 53.3412 0.2237 0.6081 0.5237 0.7391 Dm 0.6028 1.0006 1.5244 81.31 0.3409 0.9271 0.7984383 words
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Article528 1992-04-28 27 Interbank rites SS BM Offtf I Overnight 3 3 1/8 1-<nonth 3 1/8 3 1/4 2-month 3 3/16 3 3/16 3-month 3 1/4 3 3/8 Overnight mode: 3-3/16 USt Bid Offer 7 days 3 7/8 4 1 month 3 13/16 4 1/16 2 months 4 4 1/8 3528 words
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413 1992-04-28 27 Reuter KUALA LUMPUR Foreign exchange dealers have welcomed assurances from Malaysian Finance Minister Anwar Ibrahim that the government will not intervene to curb any rise in the local currency and say they see the ringgit scaling new heights. "We really welcomed this sort of news,"Reuter - 413 words
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Article1339 1992-04-28 27 SIMP EMNMUiyi Open H«h Low Sett Eat Vol Act/Vol Op/lnt Jun 92 95 87 95J8 95J5 95J6 20M 4696 ***** Sep 92 93.54 93.34 93.31 93.31 334t 93*3 ***** Dec 92 94.13 94.84 94 81 94.81 2860 7088 ***** Mar 93 94.38 94.38 94.34 94.34 300 1197 40441,339 words
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Page 27 Advertisements
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Advertisement7 1992-04-28 27 Advertising Marketing in Business Times every Thursday7 words
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COMMODITIES
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412 1992-04-28 28 Reuter NEW YORK Cocoa prices may be moving toward consolidation after the sharp fall of the last month but acute oversupply will keep a strong recovery in check, traders and analysts said last week. The 1991/92 (Oct-Sep) world crop is expectedReuter - 412 words
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289 1992-04-28 28 Reuter VIENNA Kuwait, whose fire-ravaged oil fields left it a bit player in Opec in the aftermath of the Gulf War, is quickly rebuilding its capacity and expects to hit its prewar output of 1.5 million barrels per day (bpd)Reuter - 289 words
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828 1992-04-28 28 REPORTS TIN PRICE on the Kuala Lumpur Tin Market (KLTM) yesterday closed unchanged at last week's MS 14.54 a kg on low offering, after both buyers and sellers decided to close deals at the opening level, dealers said. Turnover was unchanged from828 words
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Article1392 1992-04-28 28 RllDOCr Apr27 Scent«/k» Noon Close Int I RSS Prompt 143.25/I44.25N I43.MV144.50N Int 1 RSS May 92 143.2V143.75 143.50/144.00 Int 1 RSS June 144.25/144.75 144 50/145.00 Int 2 RSS OP 142.50/143.50N 142.50/143 SON Int 3 RSS OP 142.***** OON I42 00/143.00N Int 4 RSS OP 139.50/140 50N 139.50/140 50N Int1,392 words
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Page 28 Advertisements
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Advertisement524 1992-04-28 28 BUSINESS TIMES Tot ITMIM No: 737 0043 -F*x No: 734 -3688 THf COMPANIES ACT. CAP. 90 And In tha Maltir of TAI KHCNQ MACHINERY PTt LTD. At an Extraordinary General Meeting of TAI KHENG MACHINERY PTE LTD.. i duly convened and held at 100. Jalan Sultan. #07-00. Sultan Plaza. Singapore524 words
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Advertisement6 1992-04-28 28 Innovation Technology in BT every Tuesday6 words
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Article1140 1992-04-28 29 c% nm nm n» GA893 1345 GA974 0005 ktmtl SQ228 2025 QF82 2205 Imttmtm KL837 1255 SQ24 0115 GA893 1345 GA892 0250 SQ323 1815 KL838 2240 mm SQ348 2300 AmMMi NZ35 1550 SQ285 2115 N236 2355 mkmm <3*525/910 1755 j Bniv Sari BM21 1105 SQIS2 09151,140 words
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THE TRAVEL PAGE
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573 1992-04-28 29 Drummond Ayres - POSTCARD FROM CHATTANOOGA By 1 Drummond Ayres Perhaps this south-eastern Tennessee city is destined forever to be known best for the choo choo that tunefully chugs through Glenn Miller's 1941 recording. But perhaps not. Local civic leaders are betting that after next573 words
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Article152 1992-04-28 29 As at 3 Dm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2473 1.2642 Canadian dollar 1.3800 1.4082 NZ dollar 0.8775 0.8955 Sterling pound 2.9210 2.9605 US dollar 1.6530 1.6610 Local dollars to 100 units of foreign currency Austrian schilling152 words
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Article, Illustration130 1992-04-28 29 GLENN MILLER was one of the most famous of all American band-leaders whose music is regarded as the definitive popular sound of the era. Born in Clarinda, lowa, in March 1904, he was educated at the University of Colorado, Boulder. He made his debut as a130 words
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Article68 1992-04-28 29 Duration Title Venue Organiser Potion Title Venue Orgniser Td Mav 25-29 Technology for DusseWorf. Dusseldorf(49)211/*****1 May 31- Corporate Hongkong The (152)*****U Environmental Germany MessegesellschaA June 5 Rnancul of Mtchigan Protection mbH Management (852)*****46 May 26-31 International Istanbul. Afeks Organize (90)1/*****20 June ntenutlonal B uenos Aires Argentine 541-*****0968 words
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Page 29 Advertisements
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Advertisement38 1992-04-28 29 What's theprice for a united Europe? Exactly the mm when you fly to any one of Finnair's 36 European destinations. Check with your travel agent or call *****77 for more details. We knew Enrepa ta ataft ta Ptniriah38 words
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Advertisement25 1992-04-28 29 Difficulty In getting a copy of Her World. Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.25 words
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Advertisement367 1992-04-28 29 BUSINESS _^J^M__E_S_ Toll-fro® Tel No: 737-0043 Fax No: 734 3093 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN fat, I Leong Yew Wall of 81k487-BTampines St 45 105-121, Singapore 1852, have applied for a Retail Liquor Shop Bean in mpect of premisef at Mfc Yoog Xiang Mini Supermarket at Bk 476367 words
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Page 29 Miscellaneous
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Miscellaneous166 1992-04-28 29 with (7) 8 Morc a PP ro P riatc periods, YESTERDAY'S SOLUTION 27 Harps on, as one applies havin 8 cheaper rates (6,5) the medication (4,2,2) That slogan about the 28 A light in the East (7,7) Mountie always getting his iPjoismFimEigju i imwm man? (5,6) jAMAMAaKB^BSNRBAM; DOWN 14 Dance166 words
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Miscellaneous163 1992-04-28 29 Singapore Outlook: Showers over several areas ia the afternoon. Report Maximum temperature 32.6 Assoc humidity 71% Minimum temperature 24.9 Assoc humidity 99% Hours of sunshine 5.10 Rainfall in mm 0.3 Rainfall this month 156.8 Rainy days this month 12 World forecast Asia-Pacific Hi/Lo* Coad. Auckland 16/04 Cloudy Bangkok 38/28 Clear163 words
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Miscellaneous32 1992-04-28 29 f u* uygg A LRR3C ORDeX FJson-se\ tlja n«3 &£>» VERV fbOR MOMTW) CU£SUl'?eK*i OfISANrZATroN BUT u>e HRDNT 4===l X p-t? 3 V FCB -Tvfe BRisny factor J 0003 C AMOOATWD LTD.. HB-1W32 words
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539 1992-04-28 30 But Japan and Germany resist pressure to take action Reuter WASHINGTON Rich industrial nations voiced concern on Sunday about the weak global economy but each looked to the others to do something about it. "Overall growth is inadequate," United States Treasury Secretary NicholasReuter - 539 words
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236 1992-04-28 30 AFP BONN Veteran German Foreign Minister HansDietrich Genscher and Health Minister Gerda Hasselfeldt announced their resignations yesterday in separate moves that heralded an emergency reshuffle of the centreright coalition government. Mr Genscher said he would step down on May 17, exactly 18 years after becomingAFP - 236 words
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Article, Illustration43 1992-04-28 30 BERLIN A West Berlin picket wearing a vest reading *We Strike' stands in front of parked buses early yesterday as the district's transport workers shut down operations as part of a public service strike for higher wages.43 words
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385 1992-04-28 30 Reuter TOKYO External pressure and political necessity at home will force Japan to take further steps to stimulate its economy, despite strong resistance by its Finance Minister at Sunday's G-7 meeting, j economists said yesterday. i Talks among finance ministers and central bankReuter - 385 words
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265 1992-04-28 30 AFP. Reuter. AP KABUL Fighting continued uninterrupted between rival guerilla groups vying for control of the Afghan capital on Monday, heedless of an announcement by Pakistan that a ceasefire had been reached. Sporadic bursts of gunfire and artillery thundered in the cityAFP.; Reuter.; AP - 265 words
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Article, Illustration621 1992-04-28 30 KENNETH JAMES; KENNETH JAMES - The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Economics Correspondent AUSTRALIAN Treasurer John Dawkins hit town last week armed with facts and figures to show that "We're All Asians Now". At the weekend, Australian Prime Minister Paul Keating repeated the refrain. Drop621 words
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547 1992-04-28 30 Nirmal Ghosh - Aim for 30pc of earth greened by 2000, he says From Nirmal Ghosh in KUALA LUMPUR MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday called on the world community to establish a global fund to support a world greening effort. "As a547 words
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Page 30 Advertisements
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Advertisement50 1992-04-28 30 Singapore's most popular Nitsuko Key Telephone System W 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 details50 words
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Advertisement8 1992-04-28 30 #G7 promises Russia USs24b aid package, Pg 118 words
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Advertisement77 1992-04-28 30 SINGAPORE COMMfS Distributor of the most sought after Key Telephone System V Tel: 278 7088 J Rare Investment Opportunity Freehold apartment block comprising v 4WB units A' A swimming pool, an 'OTIS' lift and JL S 4 ample carpark provided Closing Date Tender :12 May 1992, 4 Developer Campbeltown Investment77 words
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Shipping Times
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213 1992-04-28 31 Reuter SEOUL Seven executives of Hyundai Group's shipping arm, including the son of the group's founder, have been formally charged with evading a total of 5.8 billion won (5511.6 million) in taxes, prosecutors said. An official of the Seoul prosecutor's office said theReuter - 213 words
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517 1992-04-28 31 Dexter Lee - New measures to combat pollution By Dexter Lee SINGAPORE Shipmasters must in future include the loading of bunker in their Oil Record Book. They must also get a receipt when they dispose of their waste, including oily residue, with a reception facility. "This will517 words
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Article, Illustration330 1992-04-28 31 UPI VIRGINIA The once-re-gal 55 United States went on the auction block yesterday, a victim of changing times and the unfulfilled dreams of an owner who failed in his vision to restore the ocean liner to her former glory. The US Marshal's ServiceUPI - 330 words
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840 1992-04-28 31 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 Tiger840 words
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408 1992-04-28 31 Reuter MAPUTO A crippled tanker broke up and sank off Mozambique last Sunday, spilling 2.000 tonnes of oil that formed an eight-square-km slick, salvage experts said. The shiny carpet of heavy fuel oil was drifting south six hours after the Greek-owned Katina PReuter - 408 words
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239 1992-04-28 31 Reuter MARSEILLE, France Dockers in the French ports of Marseille and Bordeaux said last Sunday they were ending strikes which have blocked freight and passenger traffic since last Wednesday. The Communist-led General Workers Confederation (CGT), which organises most of France's 8,300 dockers,Reuter - 239 words
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NEWS SUMMARY
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Article25 1992-04-28 31 MEMBERS of Singapore's shipping community gathered around 'the bottle' last Friday to celebrate the 14th anniversary of Shipping Times. Page 225 words
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Article29 1992-04-28 31 LOCAL authorities in a northwestern pocket of Vietnam expect an economic boom when the railway to Kunming, in neighbouring China, is finally reopened Back Page29 words
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34 1992-04-28 31 GERMAN public transport workers began walk-outs before dawn yesterday as an alliance of public service unions launched a massive strike for the first time since 1974 Back Page34 words
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38 1992-04-28 31 SINCE its inception nearly a decade ago, passenger telephone service on airplanes has been sold exclusively by Airfone Inc. a subsidiary of GTE Corp. But that is about to change Back Page38 words
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37 1992-04-28 31 FRENCH authorities have blamed drinking and excessive speed for road accidents on the fringes of the Le Mans 24-hour motorcycle race which killed nine fans last Saturday night. Back Pate37 words
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LOG BOOK
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133 1992-04-28 32 AUCKLAND Port of Tauranga l td said it had decided to issue an extra one million shares the amount allowed by its prospectus to satisfy huge demand for its initial public offering which closed last week. A total of 33.63 million shares,133 words
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Article84 1992-04-28 32 KUALA LUMPUR Naval Dockyard Sdn Bhd, the privatised arm of the Lumut Naval Base, will set up a shipbuilding division to meet future requirements of the Royal Malaysian Navy. Ministry of Defence Secretary-General Datuk Nasruddin Bahari said yesterday that the management was recently told to recruit84 words
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Article65 1992-04-28 32 TOKYO The car of a Tokyo International Airport official burst into flames at his home here yesterday, police said. The police said they believed the blaze was caused by a time device, which may have been planted by leftist radicals opposed to the expansion of the65 words
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Article76 1992-04-28 32 LISBON The Antiga-flagged bulk vessel Erika Bojer has run aground outside the port of Figueira da Foz in central Portugal, state news agency Lusa reported. The vessel's six crewmen were taken off by helicopter shortly after the ship ran aground on Saturday when its engine failed,76 words
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Article79 1992-04-28 32 WASHINGTON China has shipped thousands of rifles, machine guns and anti-aircraft weapons to Libya despite a UN embargo imposed on Tripoli for refusing to turn over suspects in the 1988 bombing of a Pan Am airliner over Scotland, Newsweek magazine reported on Sunday. The magazine cited79 words
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Article95 1992-04-28 32 TEHRAN All 39 passengers and crew on board an airliner chartered by Iran's national oil company were killed after it crashed on Sunday near Saveh, southwest of Tehran, staterun television said. Officials said the Fokker Friendship plane was owned by Saha Airline, which belongs95 words
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Article, Illustration269 1992-04-28 32 MEMBERS of Singapore's shipping community gathered around k the bottle' last Friday to celebrate the 14th' anniversary of Shipping Times. Some 200 guests discovered 'the bottle' bobbing along at the Goodwood Park Hotel with an edition of the newly expanded 20-page paper. Singapore Press Holdings' ChiefPictures by Arthur Lee and Chris Loh - 269 words
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Article10135 1992-04-28 40 This is a list ot 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 after10,135 words
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Article, Illustration3236 1992-04-28 45 See-Land; Neptune Ohcst Lines; Meenk Line; Nippon Yusen Keith* Line; Mitwi OSK Lines; Nippon liner System; "K" line. WB. Use; Oritw 01 HUM CasUlotr tin Sn-Utul. -g* g,iA» Nippon uw »ywn, *j<i>r7 life Otim Cheiww Coniiiwrtine; Sen-Und. MNI9B ■W&JKwmm •*PpH W* i Container Une; See Uwl «S^3SS«&J^ I.3,236 words
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Article276 1992-04-28 45 Abacus Couriers Tel 545-8011 Fax *****98 Air Express Travel Td 533-5771 Fax *****44 Airborne Freighl Corporation Tel: 542-8844 Fax *****16. *****80 Ainoift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel 748-6322 (2 lines), 747-7421 Fax *****75. City-link International Tel. 344-3377. Fax *****50 Cluster link Supplies A Senices276 words
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Article1540 1992-04-28 45 Abex Express Freight Tel: 542-7171. Fax *****84 Actinic Forwarder Tel: 225-1833 Fax: *****42. Activair Singapore Tel: 542-782T Fax: *****20. Aerolink Freight International Td: 545-803 X Fax *****05. Aeraspeed Tel: 542-5911. Fax: *****18 Air Cargo Now Express Td: 542-5454 Fax *****06 Air Express International Tel: 542-7666 Fax *****74. *****501,540 words
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Article3289 1992-04-28 46 ARGENTINA Labour working normally. Buenos Aires: Several vessels in roads; waitin time for some arrivals was from 24 to 36 hours; from Apr 22 vessels expected to berth without delays. San Lorenzo: Four vessels operating in various terminals of which 2 loading grain. 2 loading pelletized meals; 33,289 words
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Article557 1992-04-28 46 ARRIVALS Op Flight Type ETA T From TODAY NCA KZ203 B747F 014$ 1 N'RT KAL KE697 B747F 01 SO 1 SEL JAL JL6I7 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/Kl'L TOMOI AZA557 words
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Article971 1992-04-28 46 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Nivalis: 133,365 dwt and built Feb 1981 Hitachi Nagasu. this vessel will redeliver from her existing charter this summer and owners are now said to be keener to respond to market levels asThe information was contributed by Simpson Spence & Young - 971 words
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Article476 1992-04-28 46 CRUISE FERRY SCHEDULES Ait Dtp Name of Vessel ETA ETD Ports of Calls Port Agent APM 28 I 28 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 28 28 Ocean Pearl 1100 1800 Sin-South China Sea Inchcape Shipping 29 29 Royal Pacific 1000 1800 Sin-Jakarta Ocean Trade Chartering 30 01 Ocean476 words
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SHIPS IN PORT
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Article556 1992-04-28 47 VesMl Voy No 8«rth Vnvi D«p«rturt »bmI Voy No Brth kmM Dtoirtut M Sri Nam Hua2 02A/92 P04 2804/1100 2804/1400 ITT Mm 78 04 0500 P uf ut 06A 92 P04 28 04/0700 28 04/1400 SS? 2 Si Sun Ama/on SWA11A P07 2704/1000 2804/1500 Batam Murm *****2556 words
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Article1869 1992-04-28 47 DELIVERY OF Fa IMPORT containers iw progress Sfr Vay H$ Contawn watt* «p No C«nt«n w*M» F10 2604 92 0825 Vira Bhum 02N COO(EST) 27.04 92 0700 Ayse( 916 2604 92 0835 Kuala Sak 5 SA8 COO(EST) 2704 92 1630 La Seme 23/214 2604 92 0840 D Kalimantan1,869 words
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Article958 1992-04-28 48 May 8 (1 day y. Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tcl: 273-4172 or fax: 274-1132. May 15-16 (l'/i days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute958 words
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Article519 1992-04-28 48 PANAMAX freight rates continue to rise in the dry cargo freight market, while the Capesize sector remained active with a further series of coal and grain fixings, brokers said on Friday. The Baltic Freight Index rose six points to 1.185 showing gains on most Panamax rates. A 52.000-long519 words
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473 1992-04-28 50 AFP LAO CAI, Vietnam Local authorities in this northwestern pocket of Vietnam expect an economic boom when the railway to Kunming. in neighbouring China, is finally reopened. The 464 km link between Lao Cai and the capital of theAFP - 473 words
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543 1992-04-28 50 His new in-flight telephone service is awash with flashy technology NYT NEW YORK Since its inception nearly a decade ago, passenger telephone service on airplanes has been sold exclusively by Airfone Inc, a subsidiary of GTE Corp. But that is about to change. AndNYT - 543 words
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288 1992-04-28 50 Reuter LE MANS, France French authorities have blamed drinking and excessive speed for road accidents on the fringes of the Le Mans 24hour motorcycle race which killed nine fans last Saturday night. The government has ordered an inquiry' into the accidents. whichReuter - 288 words
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Article, Illustration541 1992-04-28 50 Reuter BONN German public transport workers began walk-outs before dawn yesterday as an alliance of public service unions launched a massive strike for the first time since 1974. Commuters in much of the country will be stranded as local trains, trams and buses areReuter - 541 words
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259 1992-04-28 50 Reuter LIMA Peru repeatedly complained to US officials that American anti-drug planes ignored local air traffic regulations before two Peruvian jets fired on a US Air Force plane, military sources said last Sunday. US anti-narcotics agents in Peru were known toReuter - 259 words
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130 1992-04-28 50 AP CUCUTA. Colombia Government authorities and telephone workers met last Sunday in a bid to negotiate an end to the strike that has cut communications between Colombia and the rest of the world. Francisco Navarro, president of the government's communications company. met a labourAP - 130 words
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Page 31 Advertisements
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Advertisement23 1992-04-28 31 U«M h4 mtvlcm W>f»H>M —wfciri cf tfc* •nhfay «f hunMrn /*gMi\l mm pM§ MMCIiUWI. rfTtT-y tor advertising enquiries, contact Shipping Times Tel 740-2089/740-209023 words
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Advertisement90 1992-04-28 31 FAR EAST TO EUROPE/ MEDTTERRANEAN CALL: 221 8989 r'l is. K'Z? 6 I i I J p > -j i < <» V- j g, i SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans abroad. And by foreign professionals too. The local pool90 words
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Advertisement49 1992-04-28 31 A» Forwarders 15 A* Frwght Schedule 16 Container Schedule 17 Courier Services 15 Cruse Ferry Schedules 16 Daily Frefhts IS Indei 1 Port Conditions 16 Shaping Agents 15 Shtppmg Guide 10.11 Sttpsales/Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Transport Diary 18 Weather and Sea Conditions 1749 words
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Page 32 Advertisements
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Advertisement95 1992-04-28 32 WFQ It could be a controversial deal between two stock 17 v\ market stars, a thought-provoking report by I university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature95 words
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Page 33 Advertisements
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Advertisement2262 1992-04-28 33 H OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 UIMf BOOKINGS TEL: *****34 *****58 Mlllf 111 TERMINAL/CFS TEL: *****18 220 F EQQQO '1 PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. i PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 ■appvpßßH Dedicated2,262 words
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Advertisement2750 1992-04-28 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT TJIk 1 UNITED JUUB SHIPPING (SAG)I lit VSI/VOY aw" NYC I B*l~ 0»f ~SM B ■IMM I 2V4 V» I i/5 VJ ,J/J 1 11 MMfl n I »/l 12/* IV* |J/* a2,750 words
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Page 34 Advertisements
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Advertisement1169 1992-04-28 34 VOY NO S PORE JEDDAH SHAMTON H'BURG ANT LE HARVE BCEBB' TOKIO EXPRESS 05/117 30/4 9/5 23/5 19/5 18/5 gtßgW** LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 WtWiHW KATSURAGI 11/118 7/5 16/5 30/5 26/5 25/5 CIMD TO M/CQNIMNT THAMES 11/318 10/5 27/5 29/5 1/6 2/6 i*, COMKCVD AT LA1,169 words
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Advertisement565 1992-04-28 34 SEASPAC SERVICE CONTAIN!**K MtAKIUUt WRECT SOUTH PACE IC SERVICE CIM |JA| I C||li PPT LJ. BONTANG 3507E8 20/4 10'5 13'5 17/5 JANIKA II 3601E8 27 30/5 It/6 14/6 20/6 Transit Time lni» (16) (22) AISO ACCEPIMG CARGO VIA SUVA 10 lAUIOKA. PAGO PAGO. APIA. NUKUALOFA, P. VHA FASTEST SERVICE TO565 words
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Advertisement1514 1992-04-28 34 !H«oIAMA Kin BMW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE MI VOY SM ALG BCI HAM BRE ROT ANT Fa LNA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MANSOORAH 9208 3 28/04 18/05 22/05 23/05 24/05 25/05 26/05 27/05 28/05 N SUN 9209 3 04/05 24/05 25/05 26/051,514 words
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Advertisement1690 1992-04-28 35 snipping times, Tuesday April zo iwz Jff Wk STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanlord Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS DUE SA4S CARGO SrOHc o HUH AAIAH BROOM VIOt Mum lit UK 2S Ap« 29 Apr 30 Ape ESII BRUGGE WOW 05 06 MAY1,690 words
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Advertisement1928 1992-04-28 35 W« v SINGAPORE AGENT: DJKtA PAO Containers (Singapore Agencies) Pte Ltd A\ M 4XV/ O 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 fr CR Number **********0Z EXPOBT ...m voy \>ma -«co «n Ito sou box1,928 words
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Advertisement537 1992-04-28 36 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE KSI/KOT STOK MMM/MMM HUM MOO MmOf SMMMTA/MW In Pt 2/1 7/1 10/t 14/1 KUTM/KW 11/5 «/7 13/7 17/7 2»/7 FAST TRANSIT TIME ACCEPTING BREAK BULK /CONT AMEMSCD CAROO Sublet to Inducement. Also accepting cargo to Casablanca. Pact SaW, Port Alexandria, Oanoa.537 words
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Advertisement1293 1992-04-28 36 (g) HANJIN SHIPPING ICM Ml mi IK tuui ISB OA* FOR VSI SSI IIME HAUL SAV IM NTC I I 01# ?5 WttcT 24 5 27 5 HANAN CtCJU 0811 28/4 M PRONMNCE 822E 4/1 VI 7/8 I uuim 10-5 DOECT 31/5 3 6 HAN AN HWANG TANG Oltt 4/51,293 words
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Advertisement1239 1992-04-28 36 W J 0 I pteJ I ""H i I Hi W 1« «l U U Ml 0« Kl W ITO IU CW BW NTC IM» IM IN W MS «0 OB «L I I E BOAT K 05} 21/4 2»/4 4/5 4/5 It/S 12/5 14/5 15/5 l«/ 5 14,5 MS1,239 words
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Advertisement1474 1992-04-28 37 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR 1 ********** E BOOKINGS: (TOLL FREE) NEPTUNELINK TEL "***** (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK SERVICE *****00 *****0. J.B«hru-{O7) *****2/3/4 (31) *****2/546. Semarang (24)1,474 words
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Advertisement1101 1992-04-28 37 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD I BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 I MARINE INSURANCE SERVICE: *****87/ *****87 I KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 I PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 I (REGULAR INDEPENDENT SERVICE) I EASTBOUNP—DtSCHMONG WtSTSOUHD LOADWG TRAMSHPftD VIA1,101 words
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Advertisement1490 1992-04-28 38 KW spr" AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) V W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I |\l M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I JL MrnJi JL X M~J TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA:1,490 words
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Advertisement1132 1992-04-28 38 PHILI-ORKNT UN€5 PTC LTD [j 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00 Telex: R*****0 FAX: *****76 *****38 I BY AIR, LAND OR SEA.... SHr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCVLCL SERVICE 30 APR SYDNEY. MELBOURNE.1,132 words
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Advertisement2171 1992-04-28 39 PACIFIC INTERNATIONAL LINES (PTE) LTD I wSSSSSSS Mi Sfltai 140 Cecil street #03-00 PIL Building. Singapore 0106. Tel: *****33 [JAKARTA I [RAMakhk I VESSEL VOY SIN JKT SIN KOT/MMAWAR KMW2I3 30/4 "T/S Ts EQUATOR HAWK 41N 29/4 1/5 6/5 KOZINTSEV 23N 1/5 4/5 6/5 KOTA.NOAH 1.1 3/5 5/5 10/5 JS«2,171 words
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Advertisement713 1992-04-28 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL PENANG P KEt. ANG OCEAN VSI -VP* Sifi SOU <1 RTM (2) HAM <3t GOT <4, ANSON'TBN 24/4 25/4 SELANDIA ?'62 28 4 15/5 17/jj 20 5 ANSON TBN "t~ 2/5 BENALDER 2172 5_5 22/5 24 5 25 5 27/5 ANSON713 words
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Advertisement273 1992-04-28 39 mm. MYANMA wHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MfRGUI VII 3 Sid PAGAN VII7W 4/7 Ujf MPAAN VI77W 11/14 M*y THE BANK LIME (A service of Andrew Weir Shippinf) SEMI-CONTAINER SERVICE j W HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW273 words
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Advertisement1894 1992-04-28 42 Agents: Wsii s Afeits: M Cktmfi Ckiam Shipping Shi CM f.T. MM ftrtW M»* mtrlllmt I S9A Ijljn Kovil Hihr jjly.fi I Off lalan Ipoh, Sentul. ***** KL (?I)J6 I6J//36 f/M HW 4 f c*o*? QoqpMMi oHM*> Beranipi STSmv/J»<H» .*<# Hocr. Room JOl Soumern Hank flftrf Bu<«»ig I HBuchSlm* flewg1,894 words
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Advertisement332 1992-04-28 42 SAMUDUA MOONISIA (S) PTE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 01M Tstox: R*****0 Tat: ******1-3 Fax: 22S 49*. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 958 IN PT 29/04 (WED) MERKUR DELTA 920 IN PT 02/05 (SAT) TWADIKA 922 02/05332 words
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Advertisement637 1992-04-28 43 fit FAMOUS CONTAINER LINES 1 o ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 1/5 ROTTERDAM 1/5 HAFA/ASHDOD/ALEXANORIA V 5 HAMBURG/BREMEN 1/5 MARSEILLE/FRANCE V 5 FELIXSTOWE/UK 1/5 BARCELONA/SPAIN 175 LEHAVRE/ANTWERP 1/5 GENOA/ITALY 175 GOTHENBURG/SCANDINAVIA 1/5 LOS ANGELES/WC/IPI 1/5 SYDNEY/MELBOURNE 3/5 NEW YORK/EC V 5 FREMANTLE637 words
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Advertisement1275 1992-04-28 43 frS RICHFIELD MARINE AGENCIES (S) PTE LTO A tel: *****33 (is uow) l\Pi rKgiMKtllllnllMllinUlHMflliai^^^M m FAX: *****15/*****03 IIJ TELEX: R3 ***** RISMIP (3 LIHM) SL————— JAKARTA BANGKOK \r+r\ CTMinPIAN SHIPPING LINES wot IB «i 11 wosei [wot smras mngkok 11-—-1 nStluul hlesof Ethiopia) benia bhum 3is £V 0« o? 051,275 words
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Advertisement129 1992-04-28 43 Vessel Voy ETA ETD Destn 12U HANG 9241S 29/4 2/5 Komponfsom SHUHO MARU NO 18 9201S IN PT 25/5 Phnom Penh ERMVMA 9235S 2/5 7/5 Phnom Penh HONGZHAN 9233S 30/4 2/5 Phnom Penh HOSHO MARU 9226S 11/5 13/5 Phnom Penh SHUNFU 9217S 2/5 7/5 Vunftau GENKAI NO 8 9205S IN129 words
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Advertisement351 1992-04-28 43 wmm TwEn'unE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEI VOY SHI MM SM TIGER SIMM IJN h fort 06 01 05 14 IS 05 lIGH SKID 202R 04 05 05 1012/05 II 19/05 TIGER CIOUO VI4M 05-06 05 13 14 05 20-21/05 TIGER an <N 10/05 *****5 24 25/05 ~VSL VOY351 words
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Advertisement1265 1992-04-28 44 I l UUMUII j S'PORE IMPORT: *****11 1 I PENANG: SIBU: (084) *****9 KK: (088 *****0 JfSIIS/LSPi^^San P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA. (31) *****0 COLOMBCV& AFR.CA I r M PEN PK SIN I PEN PK SIN Colombo 6/5 7/5 8/5 I 30/4 1/5 2/5 Ldn/Fli/Rdm/Ant1,265 words
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Advertisement267 1992-04-28 44 blue star line TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI Ml IVI SIN PftOSPtCT ISS 4/5 18/5 Vl* NPI U/5 4/8 NZ SIM 1519 13/5 25/5 Vl* NPI 27/5 13/8 PMMtR ISS 27/5 «/6 VIA NPI 10/8 27/6 FULLY CONTAINERISED SAILINGS267 words
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Advertisement1112 1992-04-28 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 ***** IENHOL CABLE: TOSOCO I CQMVB MTIONAL/CONTAINEB I CONTAINER WMCtt SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL OPT [ETA [PEST VESSEL VOT SPOIE1,112 words
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Advertisement7 1992-04-28 46 Innovation Technology in Business Times every Tuesday7 words
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Advertisement79 1992-04-28 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 Business79 words
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Page 47 Miscellaneous
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Miscellaneous447 1992-04-28 47 TIDES AND WEATHER OOAY'S TIDES (height in metres) Ut 0000 0100 0200 0300 MOO 0500 0600 0700 0100 ***************013M*****5001H017M KM 1900 2000 2100 2200 2300 16 14 14 14 1.5 16 18 20 22 2.2 2.0 18 1.4 1.1 09 08 09 1.1 1.4 1.8 2.1 2.3 2.3 11 16447 words
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Advertisement206 1992-04-28 48 ULTIMATE ►?-■<,t. v'" --%■-i' v >;-> J mjsTMW ££jii?- ?Iwi£ ->'^ x wu. SlHr'•. v. &|L t t tM jM f f£s aim -&m.H—i* mwm*»»—*>, BANGKOK -££u. SMKCJST fcjJHlßffmS flit Md§'*-" fvl? ctttriMH- /> fm, Lm, HiHliiliiL A-V" N*fc•*■*.) &MKK ;1- —<to.CTmirttfmn.n. inn 1 tadraNHrsr r **?":$W -ttmrn't***m», mmm ItUnCn206 words
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Advertisement410 1992-04-28 48 Don't miss Personal Finance Investment in Business Times every Saturday 111 JL cosco ukc conventional service I I VESSEL PKL PNG PQ. LOACHNG FOR: lIA VESSEL 28/04 Rotter dem/Antwefp CHINA CONVENTIONAL SERVICE I I VESSEL PKL PNG P.O. LOADING FOR I TRANS ASEAN 15/04 20/04 Huangpu/GuanflZhou COSCO FULL CONTAINER SERVICE!410 words
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Advertisement319 1992-04-28 48 BOMBAY MADRAS CALCUTTA f COLOMBO KARACHI CHITTAGONG I 4788 FAX: 227 2083 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fcuu *****73 Telex: ***** WOATI II I PORT LOUIS I 6/5 1 I Karachi Colombo 3/5 D AM kmA. 3EH- KARACHI 3/5 Bombay V •TMadras bombay MADRAS 30/4 CALCUTTA 3/5 CHITTAGONG319 words
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Advertisement10 1992-04-28 48 Managers must manage. Business Times shows you how every Monday.10 words
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Advertisement1021 1992-04-28 49 Shipping limes, Tuesday Apru zo lgre A HYUNDAI II MERCHANT MARWE LTD. VIA FEEDER [PACIFIC SOUTH-WEST SERVICE PNA* PGO* Sfft* 10 USA VOY KAO LI OAK PAI/HOU CH Sill Wt 2« 04 22 04 24/04 01/05 H INNOVATOR 4* 08/05 25/05 2S/05 2*/05 29/05 29/05 31/05 05/05 29/04 01/05 081,021 words
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Advertisement496 1992-04-28 49 ST*AfH^*pJu«^T*AIT^ERVICn SPECIALIST IN RO-RO t HEAVY LIFTS I INBOUND VESSELS I VI SSL I HI Jf HI MC M I MWOSiMIA MM M m I SEKI ceoai I HEIICM 14 Sl# W I OHM MAN Sl» COSMK CMLLEKtI M tfi I MM *1U W I OALIA IOIA 3 l/S I496 words
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Advertisement970 1992-04-28 49 our SERVICE CALLS SINGAPORE iicj"* i'" r i—" r im p i*" rl%i"r" r c direct every mm mum TstT" nO4 MiMiw wcian ikm _•>_« n_n_ *21 WEDNESDAY ft lUNGA 9NII ill) 07 OS MIKIIQI CQUMM HUM HMS 24,0S 77/ OS 27/ OS 27' OS It OS 71 OS 21970 words
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Advertisement125 1992-04-28 49 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: *****00 TLX: R*****5 SINMER FAX: *****64 ACCEPTS PORTS Of SPORE CARGO DESTINATIONS MERCURY PEARt VOOE In Port 2« Apr D«iy lfcnn. Labuw. KK BINTANG SERIA ¥10E 29-29 Apr Corfu Bmtuhi. Mri. KBdait BINTANG BELAIT ¥10E 03-04 May Daly Bnt(*i.125 words
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Advertisement109 1992-04-28 50 I\ iV wp V i•{ i k I k M a I t i 1 *t b. B »H hi lil'fr > Mi[lii^MßWßl^^W FOR SUCCESSFUL MANAGEMENT OF YOU^^NESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews.109 words
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Advertisement41 1992-04-28 50 I m 4ki H( NOTICE i| ID/KNZA^ CHANGE OF ADDRESS Pltost be informed that with effect from 4 May 1992, our office will be relocated at Mgt/Admin/Sales Seafreight Opns Airfreight Opas Tek 227-4722 Tek 227-8783 Tek 545-9500 Fax:227-5515 fax:227-8059 Fax:s4s-9131 TIx:RS36IISDZSAIR41 words
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