The Business Times, 5 June 1992

Microfilm: NL18214
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Friday, June 5, 1992 THE BUSINESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      KL smashes syndicate cashing refund cheques
      69 1 KUALA LUMPUR Poliee yesterday said they have smashed the syndicate cashing refund cheques of public issue share applicants with the capture of five more of its members bringing to 20 the number arrested so far. They said the syndicate had cashed 112 cheques worth
      69 words
    • Article
      Tokyo to compile supplementary budget
      59 1 TOKYO The Japanese government is ready to compile a supplementary budget of at least U5523.6 billion (5538.4 billion) late this year to boost the economy, a ruling party leader said yesterday. Yoshiro Mori, chairman of the Liberal Democratic Party's policy and research council, said that
      59 words
    • Article
      Delayed reaction
      34 1 HONGKONG Telecom says a pact with the government to slash charges for its big earner, international calls, will slow profits but the big hit will not come until next year. Page 2
      34 words
    • Article
      Bid for islands deal
      28 1 THIRTEEN firms have bid to be consultant to an ambitious project that will turn Singapore's southern islands into a multi-million-dollar recreational playground Page 3
      28 words
    • Article
      Philippine recovery
      45 1 THE Philippine economy has begun to show signs of recovery as gross national product rose to an annualised 2.04 per cent in the first quarter of 1992, against a contraction of 0.70 per cent in the same period the previous year. Page 9
      45 words
    • Article
      Dispute over palm oil
      29 1 MALAYSIA has criticised Indonesia for allegedly undercutting its palm oil markets but expressed readiness to cooperate with Jakarta in strengthening producers' bargaining power Page 10
      29 words
    • Article
      Little benefit
      35 1 EUROPEAN Community farm reforms will not get rid of surpluses or end subsidised exports and will bring little benefit to Third World farmers, say aid donors as well as food experts Page II
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    • Article
      Classification system
      28 1 OSLO-BASED Det Norske Veritas Classification Services will launch next month a system which integrates classification requirements with various international maritime rulings. Shipping l imes Page 1
      28 words
  • MARKETS SUMMARY
    • Article
      Dow lower
      28 1 WAI L STREET share prices opened lower yesterday, with the Dow Jones index of leading industrials down 2.31 points at 3,404.68 five minutes after the opening.
      28 words
    • Article
      Footsie lower
      36 1 LONDON SHARES continued to slide at midday yesterday in response to the Danish decision to reject the Maastricht treaty on European union. At 1225, the FTSE 100 index stood at 2677.7, down 3.2 points.
      36 words
    • Article
      HPL bid to slash debt
      42 1 HOTEL Properties Ltd hopes to reduce its debt burden considerably by raising $62.88 million from a proposed private placement and expects to reap significant profits from its Four Seasons Park project this year and next Page 4
      42 words
    • Article
      Falling value
      28 1 IN LINE with the market trend last year, Singapore Land Ltd saw the value of its commercial investment properties fall by 6.3 per cent Page 4
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    • Article
      Transfer approved
      24 1 JARDINE Matheson Holdings Ltd says its shareholders have approved a proposal to transfer its primary listing from Hongkong to London. Page 5
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    • Article, Illustration
      STOCK INDICES
      30 1 Thursday Change BT-MGA 722.54 -3.01 Kuala Lumpur ...586.23 -2.20 Tokyo 17.964.07 -224.61 Hongkong .....l..6,035.80 -1.57 Sydney 1676.7 1 -1.4 Wednesday Change New York 3.406.99 10.89 London 2.680.9 -25.0
      30 words
    • Article
      CURRENCIES
      29 1 London Gold Ato fix US5338.65 USS-1.20 Exchange rates USS SS 1.6285 100 Yen SS 1.2733 MS SS 0.6446 Money market rates Overnight 3 3/8 3-month 3 1/16% unch
      29 words
    • Article
      COMMODITIES
      30 1 Rubber S'pore July l40.50'/kg -0.50 M'sia Aug 2l9.50*/kg unch KL Tin Turnover 38 tonnes -55 Spot MSl5.94/kg -5 Crude palm oil Turnover 1.445 lots +283 Aug MS865 /tonne +1
      30 words
  • Article, Illustration
    MAS acts to control financial derivatives
    572 1  -  Banks given guidelines aimed at preventing financial crisis By Conrad Raj SINGAPORE The Monetary Authority of Singapore, concerned by the growing risks posed by the sharp rise in the trading in new financial instruments, has come up with a set of guidelines aimed at
    572 words
  • Article
    Suharto calls for more deregulation and less red tape
    304 1  -  From Maggie Ford in JAKARTA PRESIDENT Suharto of Indonesia has called for greater deregulation of the economy and a reduction in bureaucratic red tape to improve the country's competitiveness, especially within Asean. Speaking to the Minister of Administrative Reforms Sarwono Kusumaatmadja,
    304 words
  • Article
    S'pore lawyers against market forces setting conveyancing fees
    445 1  -  By Colin Tan SINGAPORE Conveyancing fees should not be determined by market forces, Singapore lawyers said yesterday. Responding to criticism that scale fees set more than 15 years ago had got out of hand because property prices had soared, they said their
    445 words
  • Article
    Lock icon Dog-eat-dog world of fake goods in China
    299 1 AP BEIJING A village factory proudly announced the start of a new production line: "This factory can tum used ring-pull cans into new ones and even preserve the original labels." That's great news for the village economy, but bad news for the makers
    AP  -  299 words
  • Article
    Temasek pumps US$20m into fund aimed at Asia-Pac firms
    430 1  -  By Loh Hui Yin SINGAPORE Temasek Holdings has joined forces with two Asian giants Hongkong tycoon Li Kashing's Cheung Kong property group and Mitsubishi of Japan in a US$lOO million (S$ 163 million) fund to invest in some of the fastest
    430 words
  • Article
    Lock icon Badawi raps PAS for complicating island issue
    128 1 AFP KUALA LUMPUR Malaysia's Foreign Minister Abdullah Badawi yesterday slammed an opposition party for attempting to plant a national flag on the island of Pedra Branca whose ownership is disputed by Malaysia. "This is the sort of thing that complicates matters," he said,
    AFP  -  128 words
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      137 1 I 1 I I ||T> J I rMICRO I I The Software Shop I OUB Centre #01-07 |fl Aircraft Schedule 29 KLSE 21 Unit Trusts 20 Commodities 28 Money Changer Rates 29 Weather 29 Company News 4-7 Money Market 27 World News 10,11 Cryptic Crossword 29 Regional News 9 World
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      13 1 Kate-fuelled market surge may signal more mature era Tor Jakarta bourse, I'g 5
      13 words
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      17 1 US DviniKTats take now tack on MEN status, Pg II Shock therapy good for Innovest, Pg 4
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      88 1 Chesterton j INTER NATION International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 Arrest of fishermen: action unacceptable, Back Pg IB 3 "TOPOFTHE **w W oin us dt the to P Enjoy the best Beijing B? *W cuisines specially prepared by our master Irjj 3» chef. All yours
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        URA gives guidelines for preserving monuments
        117 2 GUIDELINES for preserving 16 of the 32 buildings gazetted as national monuments were disclosed yesterday. The guidelines compiled by the Urban Redevelopment Authority laid out the specific requirements on designs, materials and architectural features of historical merit of a building. The chairman of the
        117 words
      • Article
        S'pore Showcase's fourth outlet
        91 2 SINGAPORE Showcase, which aims to promote Singaporemade goods directly to consumers, has opened its fourth outlet at the Singapore Cruise Centre. The Cruise Centre will feature fashionable sportswear and accessories. The other Singapore Showcase outlets are located at Changi Airport Terminal Two, International Merchandise Mart and
        91 words
      • Article
        ILO role in clearing trade barriers
        108 2 THE International Labour Organisation and other international organisations have an important role to play in removing barriers against free trade. The Minister for Labour and Second Minister for Defence, Dr Lee Boon Yang, said this at the 79th session of the International Labour Conference
        108 words
    • Article
      Lock icon Cut in call charges to hit HK Telecom hard from '93
      458 2 Reuter HONGKONG A Hongkong Telecom pact with the government to slash charges for its big earner, international calls, will slow profits but the big hit will not come until next year, company finance director John Tonroe said yesterday. "There's
      Reuter  -  458 words
    • Article, Illustration
      STPB to promote S'pore's sales seasons to M'sians
      338 2  -  By Hong Lee Tiam SINGAPORE The Singapore Tourist Promotion Board (STPB) plans to promote the Republic's three big sales seasons to Malaysians. The campaign, scheduled for August, will be the first joint effort between the board and the Singapore Retailers' Association and
      338 words
    • Article, Illustration
      Digital sales office in Singapore likely to hire more staff
      306 2  -  By Claire Leow SINGAPORE The local sales office of Digital Equipment Corporation (DEC) is likely to hire more people even as its financially-trou-bled parent axes more jobs, its incoming managing director lan McKinnon told BT yesterday. The move follows the
      306 words
    • Article
      Pact to make S'pore goods more readily acceptable in EC
      340 2  -  By Schutz Lee SINGAPORE The route to the European Community markets will be smoother for local manufacturers from today, with the signing of an agreement that will make Singapore products more readily acceptable to European buyers. The Implement Agreement seals
      340 words
    • Article, Illustration
      Southern islands resort gets 13 tender bids
      368 3  -  Successful firm to be consultant to multi-million-dollar project By Sangeeta Mulchand SINGAPORE Thirteen firms have bid to be consultant to an ambitious project that will turn Singapore's southern islands into a multi-million-dollar recreational playground. Quotes range from $350,000 to $1.45 million for the
      368 words
    • Article
      M'sian-Canadian venture wins US$320m high-tech dairy project in Middle East
      399 3  -  By Shoeb Kagda SINGAPORE A Malay-sian-Canadian joint venture company has won a US$32O million (Sss2l million) job to build six high-tech dairy farms in the Middle East in a deal brokered by the Singa-pore-based Arab Business Centre (ABC). The agreement
      399 words
    • Article
      Lock icon Big blitz in Bombay as probe on scam goes on
      257 3 Reuter NEW DELHI Police raided more than 30 places in Bombay yesterday and seized large numbers of documents in a major investigation into the country's worst financial scandal. A government spokesman said officials of the Central Bureau of Investigation (CBI)
      Reuter  -  257 words
    • Article
      Lock icon Military death squads after us, say activists
      475 3 The political uncertainty in Thailand Reuter BANGKOK Thai pro-de-mocracy campaigners say they fear harm from military death squads two weeks after the Thai army killed scores of anti-government demonstrators. newspaper reports said yesterday. Members of the Confederation for Democracy, the organisation that led
      Reuter  -  475 words
    • Article
      Economy will stay strong despite difficulties: report
      536 3  -  By Kenneth James SINGAPORE Thailand will weather the economic difficulties arising from the current political crisis and stay among the world's fastest growing economies, a newly-released research report says. The report by Crosby Securities was completed late last month as the Thai tragidrama
      536 words
    • Article
      Lock icon Property market holding firm but rentals dip
      400 3 Reuter BANGKOK Thailand's property market has come out of an army crackdown on demonstrators and a government crisis largely unscathed although the rental market is going through a correction due to oversupply, property agents say. "We are still seeing deals being done," said
      Reuter  -  400 words
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      370 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        YHS (M) plans M$12m upgrade for facilities
        49 4 PETALING JAYA Yeo Hiap Seng (M) will invest about M 512.5 million (SsB million) to upgrade its existing factory facilities and to build new warehouses in certain major towns, chairman Alan Yeo Chee Yeow said after the company's annual general meeting yesterday.
        49 words
      • Article
        Fimat buys Babcock Fulton
        88 4 SINGAPORE Fimat Futures Asia Pte Ltd, the futures broking arm of French bank Societe Generale, has acquired Babcock Fulton Prcbon Futures (Singapore) Ltd. The takeover doubles the size of Fimat Futures' operation here and expands its floor capacity on Simex, Fimat said. The company, which trades
        88 words
      • Article
        Tenaga to rehabilitate old plants
        47 4 KUALA LUMPUR Newly-listed Tenaga Nasional Bhd is rehabilitating some of its old oil-fired plants and converting them to gas, it said yesterday. The project, started in early 1991, will be done in stages and is expected to be completed by late 1993.
        47 words
      • Article
        Earnings of PMCW up 8pc
        95 4 SINGAPORE Pan Malaysia Cement Works Bhd yesterday said that group net earnings rose 8 per cent gain to M 531.25 million for the year ended March 31. Group turnover jumped 87 per cent to M$ 10.21 million. Group pre-tax profit, however, declined 10 per cent
        95 words
      • Article
        Batu Kawan-KL Kepong deal on
        103 4 SINGAPORE Batu Kawan Bhd and Kuala Lumpur Kepong Bhd have decided to accept revisions made by the Malaysian Capital Issues Committee and go ahead with a proposed deal. Under the deal, Batu Kawan is to sell its plantation assets and two wholly-owned plantation subsidiaries to
        103 words
    • Article
      Hotel Props' placement will ease debt burden
      472 4  -  Firm sees good profits from Four Seasons Park project By S N Vasuki SINGAPORE Hotel Properties Ltd hopes to reduce its debt burden considerably by raising $62.88 million from a proposed private placement and expects to reap significant profits from its Four Seasons
      472 words
    • Article
      8 people each applied for 10m GRP shares
      414 4 Analysts surprised that offer attracted a huge $167.5 m SINGAPORE Eight individuals each applied for 10 million shares in Sesdaq aspirant General Rubber Plastics (GRP), which closed its initial public offer on Tuesday. Underwriter United Merchant Bank, which has not yet studied
      414 words
    • Article
      SAL expects good showing for this year
      231 4 SINGAPORE SAL Industrial Leasing Ltd expects to post a strong performance in 1992, helped by lower interbank rates and its focus on growth sectors in Singapore. In his chairman's address for the newly-listed group, Wong Kok Siew said SAL should sustain the strong
      231 words
    • Article
      United Engineers in tie-up to make tank containers
      298 4  -  By Dexter Lee SINGAPORE United Engineers Ltd and two Japanese heavyweights have formed a joint-venture company which will be the first Asian enterprise outside Japan dedicated to making tank containers. UEL has a 70 per cent stake in the Malaysia-based venture, McAlister
      298 words
    • Article
      SingLand's property values fall 6.3pc as market softens
      337 4  -  By Magdalene Ng SINGAPORE In line with the market trend last year, Singapore Land Ltd saw the value of its commercial investment properties fall by 6.3 per cent, chairman S P Tao said. This happened because an increasing number of new buildings
      337 words
    • Article
      Tuan Sing on lookout for property buys
      258 4 SINGAPORE The Tuan Sing group is looking at the possibility of picking up suitable property investments in Singapore now that there is a slowdown in the market. Peter Sung, in his maiden statement as the group's chairman and chief executive officer, said Tuan
      258 words
    • Article
      Shock therapy right medicine for Innovest
      629 4  -  THE HOCK LOCK SIEW COLUMN Drastic measures to stop flow of red ink long overdue By William Chia SINGAPORE "It's about time!" that is the likely reaction of Innovest Bhd shareholders to the company's decision not to pay directors any remuneration until it becomes
      629 words
    • Article
      Lock icon Jardines holders approve primary listing in UK
      362 5 Group to have secondary listing on HK exchange AFP, Reuter HONGKONG Jardine Matheson Holdings Ltd said that its shareholders have approved a proposal for it to transfer its primary listing from Hongkong to London. The transfer, which was approved by the shareholders at
      AFP,; Reuter  -  362 words
    • Article
      Lock icon Philippine casinos earn record revenues
      242 5 AFP MANILA The Philippines* state-owned casino monopoly raked in a record 5.26 billion pesos (*****.4 million) in revenues last year despite the country facing a recession, officials said here on Wednesday. In an annual report the Philippine Amusement and Gaming Corp (Pagcor), the casino holding
      AFP  -  242 words
    • Article
      Lock icon Beijing allows Formosa Plastics to set up complex in Fujian
      238 5 AFP HONGKONG China has approved a feasibility study to enable a Taiwan petrochemical giant to set up a US$7 billion (SSI 1.4 billion) industrial complex in Fujian province, a pro-Beijing newspaper said yesterday. Chinese President Yang Shangkun has endorsed the
      AFP  -  238 words
    • Article, Illustration
      Lock icon Rate-fuelled market surge may signal more mature era for Jakarta bourse
      595 5  -  MARKET From Maggie Ford in JAKARTA LONG-AWAITED news of lower bank interest rates provided the impetus to push the Jakarta Stock Exchange Composite Index above the 300 mark this week. Brokers hope that this rise signals a new, more
      Source: Bloomberg News Service  -  595 words
    • COMPANY BRIEFS
      • Article
        C Itoh to develop oil block off Vietnam
        85 6 TOKYO C Itoh and Co Ltd and Lasmo pic have won a tender from Hanoi to develop an oil block ofT southern Vietnam, a C Itoh official said yesterday. The companies estimate the development will cost US$5OO million (*****.5 million). They will
        85 words
      • Article
        Pioneer's home theatre systems
        56 6 TOKYO Pioneer Electronics Corp said on Wednesday that it would start selling custom-made home theatre systems with large screen monitors and Dolby surround systems through major housing companies in Japan. The systems would be priced at around 2.6 million yen (5533,250). Annual sales are targeted to
        56 words
      • Article
        Sales in E Europe rising: IBM
        58 6 PRAGUE International Business Machines Corp expects a double digit sales growth in Eastern Europe, excluding the former Soviet Union, over the next few years. IBM Europe chairman Renato Riverso said on Wednesday. Current annual sales in Bulgaria, Czechoslovakia, Hungary, Poland and Rumania, plus the
        58 words
      • Article
        New sweetener launched
        50 6 NEW YORK NutraSweet Co, a subsidiary of Monsanto Co, has launched a new sugar alternative that the company says looks, tastes and measures just like the real thing. NutraSweet Spoonful is the latest extension of a 10-year-old brand that is übiquitous in products such as soft drinks.
        50 words
    • Article
      Lock icon Japanese to tell US chip makers of purchase plans
      490 6 Proposal part of efforts to help Americans expand sales NYT TOKYO In a bid to help American chip makers expand their sales in Japan, major Japanese electronics makers are planning to inform the Americans of their purchase plans for the remainder
      NYT  -  490 words
    • Article
      Lock icon NEC develops high-speed computer transistors
      280 6 AFP, Reuter TOKYO Japanese electronics giant NEC Corp announced on Wednesday that it has developed a highspeed transistor for use in next-generation computers which can operate twice as fast as existing models. The company, the world's biggest producer of computer chips, also said that it
      AFP,; Reuter  -  280 words
    • Article
      Lock icon Mixed fortunes at foreign units of Japan's big brokers
      575 6 Reuter, AFP TOKYO The overseas units of Daiwa Securities Co Ltd and Yamaichi Securities Co Ltd posted higher profits for the year ended March 31, 1992, while those of Nikko Securities Co Ltd posted lower profits, company spokesmen said. Each brokerage
      Reuter,; AFP  -  575 words
    • Article
      Lock icon India approves plan for US$1.8 billion oil refinery
      291 6 Reuter NEW DELHI India has approved a possible joint venture between Reliance Industries Ltd and C Itoh and Co Ltd to build a US$l.7B billion (552.9 billion) oil refinery in western India, a Reliance spokesman said. India's Foreign Investment Promotion Board, a
      Reuter  -  291 words
    • Article
      Lock icon NZ's Carter Holt should gain from US paper giant's management
      577 6 MARKET Reuter AUCKLAND New Zealand's third largest company Carter Holt Harvey (CHH) should cap a momentous year on a positive note when it issues its annual results next week, and share analysts believe the forester has an even brighter future
      Reuter  -  577 words
    • Article
      Lock icon Bristol-Myers being sued by shareholders
      378 7 Company accused of misleading public with earnings forecast Reuter NF.W YORK At least seven class action lawsuits were filed on Wednesday by Bris-tol-Myers Squibb Co shareholders, alleging that the company misled the public with overly optimistic earnings estimates for 1992 and the second quarter. The
      Reuter  -  378 words
    • Article
      Lock icon O&Y discloses details of its US$7b in international loans
      478 7 AP TORONTO Olympia and York has publicly revealed for the first time intimate details about its US$7 billion (Ssl 1.4 billion) in loans with international lenders, including secretive arrangements with large American and Japanese banks. More than 100 pages of financial
      AP  -  478 words
    • Article
      Lock icon EC to probe Du Pont's bid to purchase ICI's nylon business
      378 7 FT LONDON The European Commission is to investigate the proposed acquisition by Du Pont, the US chemicals company, of Imperial Chemical Industries' nylon business because the deal may distort competition in the market for nylon carpet fibres. The inquiry
      FT  -  378 words
    • Article, Illustration
      Lock icon Banks asked to return assets to Maxwell pensions
      409 7 Reuter LONDON Members of Britain's parliament on Wednesday threatened to call banks, including US banks, to account for about hundreds of millions of pounds plundered from pension funds run by the late media tycoon Robert Maxwell. David Shaw, a leading member of
      Reuter  -  409 words
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      134 4 Newsweek THE INTERNATIONAL NEWS MAGAZINE JUNE 8 1992 ISSUE TIBMiWITiiTI M| hStywSß 888 Inside Myanmar's Police State h -i rrr7T[ r < >. to -y w i i h i T 1 vi r L'* r l A a':- V"j I*, Jut s t«9f FOR NEWSSTAND PLEASE CONTACT: SINGAPORE BOOK
      134 words
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      8 5 Innovation and Technology in Business Times on Tuesday
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      120 5 tE* r'? i n I: 1 tt^*W lIHHHIIHHHfIHHHi^HHHHHHHHHHBMH^HiIIIHHHHiHHHKjSfSEZSfI^IKEEKX^B Mondial Mid Year Splendour Exhibition Sale HYATT REGENCY MEZZANINE FLOOR NOW TILL BTH JUNE 1992 11 AM BPM JL^A ihi?*liii.«| t//s/>/c/\ of magiiifieent jewellery, its only \1 ondutl knows hou Diamonds, emeralds. rubies and sapf>nires, in outstanding ;jk Italian desims set in
      120 words
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      1325 6 LIAN HUAT HANG FINANCE LIMITED (Incorporated in the Republic of Singapore) 4. Fixed Assets BALANCE SHEET AS AT 31ST DECEMBER 1991 """ESS Cost Depreciation Value tor the year Note 1991 1990 1991 S Fixed Atuti 4 83 816 96.057 Furniture and equipment 92.636 30.648 61.988 6.056 Hire purchase debtor* 5
      1,325 words
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      311 7 When you move in the right circles, the world's finest bodyguard protects you. You'd be hard pressed to find a luxury car services of Audi Care. Our unique cost proas protective as the new Audi 100. The reason? sEmm"* mivmd'not UCMCARE taction scheme. Audi's unique safety system, Procon-Ten. T —IBljflli
      311 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon Midland selling Thomas Cook to enhance bid value
      415 8 Reuter LONDON Midland Bank said yesterday it was selling its Thomas Cook travel ageney subsidiary for £200 million (*****.66 million), a move that will make the bank more attractive to its two suitors, HSBC Holdings and Lloyds Bank. The sale to German
      Reuter  -  415 words
    • Article
      Lock icon HSBC's new offer may force Midland shareholders' hand
      380 8 Reuter HONGKONG HSBC Holdings' sweetened offer for Midland Bank will effectively cost little more than its old bid and could force Midland shareholders into acceptance before a challenge from Lloyds Bank gets off the ground, analysts say. "It is putting pressure on
      Reuter  -  380 words
    • Article
      UOB introduces CreditCharge features in card
      447 8  -  By Kooi Cho Teng SINGAPORE United Overseas Bank has managed to get round the official credit limit on plastic card spending by combining the features of a charge and credit card. By adding a fixed charge card limit to the regular twomonth credit limit,
      447 words
    • Article
      Lock icon Thailand to put off adopting BIS capital rules till Jan 1
      383 8 Knight Ridder BANGKOK Banking authorities said Thailand will delay imposition of Bank for International Settlements capital-adequacy rules to Jan 1 next year from July 1. A Finance Ministry official said the delay will give banks in the country more
      Knight Ridder  -  383 words
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      1466 8 /ftV KIAW AIK HANG FINANCE COMPANY LIMITED IMB (Incorporated in Singapore) ,57 SOUTH BRIDGK ROAD. SINGAPORE 0105. TEI.: *****66 BALANCE SHEET T otal 3J24 3,498 December 31,1991 Notes 1991 1990 Third parties 3.126 3.111 ASSETS $'000 $'000 Related companies (Note 3) 153 267 Current assets: Related parties (Note 4) 45
      1,466 words
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      Page 8 Advertisements Column 2
      82 8 A GOOD BUSINESS DEAL 1 10 Reasons why you should book your clients at River View! The rate inclusive of: 1 Newly renovated, superior accommodation ffIPHHH H 1 e come n^a x>re H 5 ree USe tneSs Cen re j 710% discount at restaurants and bars n| r\ 10% discount
      82 words
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  • THE REGION
    • Article
      Lock icon Philippines pulls out of recession in first quarter
      425 9 Money sent home by Filipinos helps GNP grow Reuter MANILA The Philippine economy has begun to show signs of recovery as gross national product (GNP) rose to an annualised 2.04 per cent in the first quarter of 1992, against a contraction of
      Reuter  -  425 words
    • Article, Illustration
      Lock icon China reiterates claim to entire Spratlys
      332 9 UPI MANILA China reiterated its claim to the entire Spratly islands group on Wednesday, apparently in response to Vietnamese and Philippine criticism of a Sino-America agreement for oil exploration near the disputed area. "Since ancient times, the Nansha and Xisha islands have been Chinese
      UPI  -  332 words
    • NOTE BOOK
      • Article
        KL asked to join telecom project
        95 9 TOKYt) Japan has asked Malaysia to join a regional project to organise telecommunications systems on sites such as industrial complexes, Japanese officials said on Wednesday. The proposal was made at a two-day meeting of Japanese and Malaysian telecommunications and postal officials which ended here
        95 words
      • Article
        Indonesia to get US$375m loan
        79 9 WASHINGTON The World Bank said on Wednesday it will lend Indonesia US$375 million (Ss6ll million) to help the country expand and upgrade its telephone system. The poor state of Indonesia's telecommunications network has emerged as a bottleneck to economic growth, it said. The World Bank
        79 words
      • Article
        Hanoi hit by housing problems
        65 9 HANOI Environment and housing problems in Hanoi, following rapid population growth, are seriously affecting the health of its inhabitants, Hanoi Moi reported yesterday. Deplorable housing conditions and an insufficient diet contribute to the malnutrition of 61 per cent of children aged one-to-three years, while 14
        65 words
      • Article
        State of calamity in 3 provinces
        72 9 MANILA President Corazon Aquino declared a state of calamity in three provinces in the northern Philippines threatened by mudflows from the Mount Pinatubo volcano. Executive Secretary Franklin Drilon said Mrs Aquino declared a state of calamity in Zambales, Tarlac and Pampanga provinces and in
        72 words
    • Article, Illustration
      Road shows of Indon poll rallies add to Jakarta's traffic woes
      578 9  -  From Maggie Ford in JAKARTA IF JAKARTA taxi drivers were the sole voters in Indonesia's general elections and the leading campaign issue was the ability of the contestants to create traffic jams, the results would be as follows: In
      578 words
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      215 9 Tbmmy Armour Silver Scot 845s Now the hottest iron in the U.S.A 500% Growth in Sales from 1989 to FREE TRIAL 1991 the highest among all brands 7 trial'* in the Golf Digest U.S.A. Surrey 1991. 375% Growth in the number of people FRi& PUTTER who say they would like
      215 words
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  • THE REGION/THE WORLD
    • Article
      Lock icon Malaysia accuses Indonesia of undercutting palm oil sales
      509 10 AFP KUALA LUMPUR Malaysia yesterday criticised Indonesia for allegedly undercutting its palm oil markets but expressed readiness to cooperate with Jakarta in strengthening producers' bargaining power. "We have been actively promoting palm oil overseas all these years and what Indonesia does is
      AFP  -  509 words
    • Article
      Lock icon HK companies building up land banks in China
      558 10 FT HONGKONG After years of playing down China connections to a nervous investing public, Hongkong-listed companies arc suddenly making the most of pro-China fervour by building land banks across the border. The leading Hongkong participants in China property so far are Sun
      FT  -  558 words
    • Article, Illustration
      Lock icon Yeltsin explains appointment of conservatives in government
      374 10 Reuter MOSCOW President Boris Yeltsin gathered reformists from parliament on Wednesday to explain why he is replacing key members of his radical pro-market government with conservatives from the former Soviet military industry. The new appointments have sparked fears that Mr Yeltsin is retreating
      Reuter  -  374 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1711 10 /U ASIA BUILDING SOCIETY LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31 ST DECEMBER 1991 Tha GROUP THE COMPANY Tin Group and TIm Company FIXED ASSETS INVESTMENTS IN SUBSIDIARY COMPANIES INVESTMENTS LOANS ANO ADVANCES Due after 12monlhs EXPENDITURE CARRIED fORWARO Preliminary expenses
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      Page 10 Advertisements Column 2
      76 10 This announcement appears as a matter of record only. JOL. FIRST CAPITAL CORPORATION LTD (Incorporated in the Republic of Singapore) U5562,500,000 FIRST MORTGAGE FLOATING RATE NOTES DUE 1997 AND 5555,000,000 5.25 PER CENT. FIRST MORTGAGE BONDS DUE 1997 WITH WARRANTS TO SUBSCRIBE FOR NEW SHARES IN THE CAPITAL OF FIRST
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  • THE WORLD
    • Article
      Lock icon EC farm reforms won't benefit Third World, say donors
      448 11 Food experts say over-production will continue Reuter LONDON European Community (EC) farm reforms will not get rid of surpluses or end subsidised exports and will bring little benefit to I hird World farmers. aid donors and food experts said. Last month's
      Reuter  -  448 words
    • Article, Illustration
      Afghan shell-ter
      49 11 SAMARKHEL, Afghanistan Devastated by war, Afghanistan may be short of essentials but not spent ammunition. Mujahideen fighters are seen here on Wednesday keeping watch on passing traffic under a roadside shelter that's made of used artillery shells, empty ammunition cases and decorated with chains of anti-aircraft bullets.
      49 words
    • Article
      Lock icon Jobs figures show govt underestimated US recession
      477 11 AP WASHINGTON The past recession, which the Bush administration consistently portrayed as shallow and mild, was in fact deeper than previously believed, according to new government figures on job losses. The US Labour Department released on Wednesday a new estimate that said 2.2
      AP  -  477 words
    • WORLD WATCH
      • Article
        Japanese economy not recovering, says survey
        98 11 TOKYO A Japan Chamber of Commerce (JCC) survey of 1,880 companies in May found no indication that the economy is recovering, JCC chairman Rokuro Ishikawa said yesterday. Negative views of business prospects three months ahead outnumbered positive ones, he said. A stronger yen is
        98 words
      • Article
        Japan to lend China 700b yen
        70 11 TOKYO The Export-Import Bank of Japan is to sign a memorandum late this month to extend a development loan of 700 billion yen (SsB.9 billion) to China, a spokesman for the official bank said yesterday. The loan will be used to help finance petroleum
        70 words
      • Article
        Tokyo takes EC tariff row to Gatt
        86 11 TOKYO Japan has asked the Gatt Council to arbitrate a dispute involving the European Community's anti-dumping tariffs on audiocassette tapes and bearings, a Ministry of International Trade and Industry (Miti) official said yesterday. Japan wants the EC to halt the tariffs on audiocassette
        86 words
      • Article
        Jurists report on S Africa violence
        96 11 JOHANNESBURG Political violence would make free and fair elections impossible in much of South Africa, an international group of lawyers said in a report yesterday. "That is not just our view, it is the view of the vast majority of people we spoke to
        96 words
      • Article
        Russia acts to boost natural gas
        81 11 MOSCOW President Boris Yeltsin has signed a scries of decrees intended to boost natural gas production in Russia and attract foreign investment to build new oil refineries, Itar-Tass news agency said yesterday. lass said the state Gasprom company had been authorised to seek foreign
        81 words
    • Article
      Lock icon Democrats take new tack on China's MFN status
      406 11 Reuter WASHINGTON —Congressional Democrats have announced that they will try again to attach conditions to renewal of China's favourable trade status with a Bill that would target only Chinese state-owned industries for sanctions. President George Bush announced on Tuesday that he intended
      Reuter  -  406 words
    • Article
      Lock icon Bonn upbeat about economy but urges concerted action
      249 11 Reuter BONN Germany has issued upbeat forecasts for the economy but Kconomics Minister Juergen Moellemann says concerted action is needed by government, business and labour to rebuild east Germany. His ministry announced on VVednesda> that pan-German gross national product would expand by
      Reuter  -  249 words
  • Page 11 Advertisements
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      803 11 GOLDEN HOPE PLANTATIONS BERHAD T T (Incorporated In Malaysia) Golden Hope Directors: Registered Office: Tun Ismail bin Mohamed All (Chairman) 13th Floor Dato' Abdul Khalid bin Ibrahim Menara PNB Zain Azahari bin Zainal Abidin 201-A. Jaian Tun Razak Mohammad bin Abdullah ***** Kuala Lumpur Howe Yoon Chong Malaysia Dr. Ng
      803 words
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      Page 11 Advertisements Column 2
      9 11 China: special to the US despite everything, Pg 12
      9 words
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  • Article
    Salty Danish pastry
    465 12 EDITORIAL FOR the over-enthusiastic bureaucrats in Brussels who are hell-bent on leading Western Europe towards their particular vision of unity, the Danish vote is a reminder that they are dealing with people and passions, not milk and cheese. The stunned European Community bureaucrats and government leaders would
    465 words
  • WHAT THE OTHERS SAY
    • Article
      Now for the tough part
      341 12 PRESIDENTIAL frontrunner General Fidel Ramos of the Philippines has declared victory on the basis of computations by the Commission on Elections. With 770,000 votes still to be counted, he is leading his nearest rival by 872,000, making his victory impregnable. When Gen Ramos finally takes
      341 words
    • Article
      Unpopular choice
      94 12 THE PILOT full-day scheme in three schools is not popular, judging from the declining attendance. Perhaps another alternative needs to be found. What about creating kid centres at void decks? They can be manned by a mix of volunteers of resident committees and registered social organisations. But first,
      94 words
    • Article
      Enormous feat
      57 12 THE Earth Summit opened in Rio dc Janeiro yesterday. Everyone's expectations differed. But as the organisers said, being able to organise such a mammoth and international protect-the-environment summit is in itself an enormous feat. The summit will prove to be more effective and successful than the one held
      57 words
  • REGIONAL VIEWPOINTS
    • Article
      Stop this dictatorship
      191 12 THE US states that it will embrace a new environmentalism that balances preserving natural resources with global economic health. It says "simple wisdom had guided our approach to the questions on the table at Rio." It is strange that this simple wisdom excludes the linkage of poverty
      191 words
    • Article
      Americanising Europe
      165 12 DANGEROUS TIMES lie ahead as the demise of the Cold War brings not peace, but fresh racism and ethnic conflict to Europe. The central question remains: German democracy has survived the good times, but can it survive the bad? It can; it has before. And with help from
      165 words
    • Article
      A respite from chaos
      143 12 HOUSE SPEAKER Arthit Urairat's decision to defer until after June 10 the nomination of a new prime minister gave our country a much-needed respite. Now all parties concerned, especially MPs, must wisely spend this extra time working out a compromise to overcome the political deadlock. The
      143 words
  • Article, Illustration
    Lock icon China: special to the US despite everything
    682 12  -  Carol Giacomo discusses Washington's reasons for renewing most-favoured-nation status lor China without conditions Carol Giancomo Reuter PRESIDENT George Bush's insistence on protecting the US trade relationship with China contrasts starkly with his willingness to "get tough" and impose trade sanctions on other countries,
    Reuter  -  682 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      93 12 0I 11 could be a controversial deal between two stock market stars, a thought-provoking report by xj( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
      93 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 DOONESBURY BY GARRY TRUDEAU Cr&CAU6eOF}[ TDWMB MOft TISIIMCM^ IOKINCJ&S- unmcwt- r mWSM, TESTIMONY, tWIf- HtHAPOOME THAT THE MJHIT£ 1 jpT MTHtMHrS mtmze M'USTEN TOW ME THAT PHCABLY.uk 1 iohekhqme house simply amjuu* MITZa HMAurne WCOMMEF HEIWSMAK- Ntvertmfw ONE NIGHT omfrwant YOU i I/VAI-TZTX uneasy, ANP eosexfWte 11 mCDHOM- immMcav,! uhamxjnceu
      54 words
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  • ANALYSIS
    • Article
      Lock icon Focus on the silver linings on that referendum cloud
      1058 13 Denmark's rejection of the Maastricht Treaty All is not lost, said the Financial Times in an editorial on Wednesday FT THE DANES' rejection of the Maastricht Treaty is a substantial setback for the politicians and bureaucrats in Brussels and Copenhagen, both
      FT  -  1,058 words
    • Article
      Lock icon Bracing up for some financial instability
      761 13 Reuter WHETHER it dooms Europe's single currency or not, Denmark's rejection of the treaty on monetary and political union has ushered in what could prove to be a long period of uncertainty and instability in financial markets. The prevailing view of private economists on
      Reuter  -  761 words
    • Article, Illustration
      Lock icon All eyes on France now
      882 13 IHT EUROPE has been deeply shaken by Denmark's rejection of the Maastricht Treaty on economic and political union in what appears to be the latest expression of a growing wave of anti-estab-lishment discontent that has spread across the continent since the end of the Cold
      IHT  -  882 words
  • Page 13 Advertisements
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      29 13 NEED A SERVICE? FIND TTIWTHF. STOAn?»TIMES n ASSIFIED Let your fingers walk to the service professionals listed in our service directory of The Straits Times r S Classified. 737-*****
      29 words
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      Page 13 Advertisements Column 2
      111 13 Burson Marsteller Wi Corporate, Financial and Marketing Communications Leading communications firm is looking for top performers (5-10 yrs experience) to join its |i| Financial Practice. We counsel organizations on thecommunicationsaspectsofflotations, investor relations, mergers acquisitions and privatisations. Join a highly talented and energetic Singapore team supported by a worldwide Financial Knowledge
      111 words
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  • Page 14 Advertisements
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      555 14 M Nothing Beats A Bud. ftM OF A "Heavenly" Feast DAILY SPECIAL Mon Superior Shark's Fin with Seafood $22.00 (per person) Tue Braised Whole Abalone with Oyster Sauce 16.00 each Wed Steamed Live Baby Lobster 5.00 /100g Thu Steamed Sultan Fish with Ginger S 4.00 100g Fri Sauteed Geoduck Clam
      555 words
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      Page 14 Advertisements Column 2
      197 14 WHERE TO WINE, DINE... Good news for Ger reo co oil ice-creom Qnc enjoy lovers! Our o 15% lovely discount Hoogen- off the iceDozs creorions^WP^^^ creom menu, ore rhe horresr JEJ[ from 1-28 offer this June. iv June only. School Hoiidoy Special 15% Off Children's Menu M Plaza Hotel Cafe
      197 words
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      Page 14 Advertisements Column 3
      300 14 &j6yfhefaSfe Have lunch the American way for only Aj «Yyk $36++. A delectable spread awaits. Dig £7* «r in at Top of the M today. VVe serve the world to you at Top of the M L) xd//ar>dartr> 'fuweper Vj kttotnfc«afa*nn II 1H Orchard Ra«J Sm#»poreO«} Tc* *****11 |«y >
      300 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      735 14 TELEVISION AND RADIO SBCI2 lIS ?S2KKcl S,cra,> \IISSMS. BUSINESS ON RAD.O I I r I 111 111 I \J DM ,1 TT! IT" 10 30 Friday Feature Special A 11.45 Golden Classics Ihe LeopA XV/ IVllVilllil 555 f M Opening followed by Chinese Legend. A young ard (See Our ho.ee)
      735 words
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  • LIFESTYLE 1
    • Article, Illustration
      Delectable Dallas
      343 15  -  Benjamin Loh reviews Wednesday night's performance by the Dallas Symphony Orchestra Benjamin Loh The writer holds a Master of Music degree PLAYING to a packed Victoria Concert Hall on Wednesday evening, the Dallas Symphony Orchestra under the leadership of Eduardo Mata brought new dimensions to music making. A
      343 words
    • Article
      Lock icon Did man evolve independently?
      643 15  -  Researchers believe modern human beings may have evolved in many places, as opposed to just one location. Malcolm W Browne reports Malcolm W Browne NYT Anatomically modern human beings, believed by many scientists to have first evolved in Africa. may have independently evolved in China and
      NYT  -  643 words
    • Article, Illustration
      Not many smiles, but some sniggers
      101 15  -  y a lot of sniggers from the people who tried. Story and picture by Arthur Lee Arthur Lee SINGAPORE It was "National No Smiling Day* 1 at lunch hour yesterday, as decreed by The Natural Theatre Company at Scotts shopping centre. The lunch crowd
      101 words
    • Article, Illustration
      Lock icon There's no business like good business
      612 16  -  Theatregoers helped Broadway to achieve a record in ticket sales last season. Glenn Collins reports Glenn Collins NYT IT IS official now: theatregoers spent a total of US$292 million (***** million) at the box office in the 1991-92 season, the most in Broadway history,
      NYT  -  612 words
    • Article, Illustration
      Lock icon TV documentary slams British monarchy
      426 16  -  Carol Repton looks at the latest attack against England's royal family Carol Repton AFP THERE is "reason to call for an end to the British monarchy" and change in the centuriesold institution is "essential", according to a hard-hitting television documentary broadcast in London on Wednesday
      AFP  -  426 words
    • Article, Illustration
      Princess' wedding date not fixed yet
      464 16 CHATTERBOX MONACO'S Princess Stephanie still hasn't decided when she will marry the father of the child she is expected to give birth to in November. In an interview with the French weekly Paris Match, the rebellious younger daughter of Prince Rainier and the late
      464 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      235 15 AND ENTERTAIN lljT) //BMW The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price A Hiiring these hours ANA HOTEL 1A SINGAPORE \lon to Tour 6ptn to lu poi !6 N«ss'W Hill Fri
      235 words
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      Page 15 Advertisements Column 2
      73 15 "/tenet person* P^■ Bart>equed Peking Duck j Complimentary Birthday Cake (Booking Mrs m advanc*) j lobster Salad w fresh Fiut fled hsh w'Soyi Bear Cruit t I Shark sFm Salad Chdten Season Vegetal* *i Pacific CJam I Pork Rte in Pneappe Pu Ten tned noodtes Ctaken m 3 flavours Sie
      73 words
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      Page 15 Advertisements Column 3
      91 15 KOADHOUSE ELVIS PLACE TAPS PUB ENTERTAINMENT GUAN S PLACE KOADHOUSE 1 ■n < MT 5 Purchase w < A QUART BOTTLE OF THE H WORLD'S MOST POPULAR <^> <■ SINGLE MALT WHISKY AND YOU Mb,' mm TOO COULD END UP r&y OR A QUART BOTTLE Glenfiddich fortnightly llB3^|Jp DRAW. NOW
      91 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      334 16 "TSSe IN-DEPTH Umji business 7O For over two decades Singapore Business has covered Wil 1116 loca and re g» ona business scene with more depth and Wy breadth from a perspective which is more relevant to local businessmen than any other publication. Some may call it an unfair advantage. We
      334 words
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      Page 16 Advertisements Column 2
      194 16 PERSONAL PI V JUSTING FINANCE SUPPLEMENT '98 A Special Business Times Survey July 23,1992 Bank deposit rates have plunged to one of their lowest levels. Banks and finance companies In Singapore are paying peanuts for such deposits; In some cases they are not even enough to cover the rising cost
      194 words
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  • SPORTS
    • Article, Illustration
      Lock icon Agassi confident winner will be American
      593 17 French Open AP PARIS Andre Agassi believes the French Open will be won by an American, either himself or arch-rival Jim Courier. The home-town fans have other ideas. Afler Agassi and Courier won on Wednesday to set up a semi-final showdown, France's Henri Leconte
      AP  -  593 words
    • Article
      Lock icon Jordan outshoots, outclasses Drexler in NBA Finals
      334 17 AP CHICAGO The National Basketball Association Finals was supposed to he a showdown between the NBA's best two players. Michael Jordan and Clyde Drexler. Drexler, a distant second to Jordan in the Most Valuable Player voting, was supposed to have an edge in
      AP  -  334 words
    • Article
      Lock icon Love can get along fine without Couples
      247 17 AP DUBLIN. Ohio In a way, Davis Love 111 is not sorry Fred Couples is missing the Memorial tournament this week. That's one less player one very good player he has to contend with in the chase for a U*****,000 first prize. In
      AP  -  247 words
    • SIDE LINES
      • Article
        Lendl puts defeat behind him
        145 17 BL( KENHAM. Lngland Ivan Lendl put his French Open loss last week behind him to defeat Australian Patriek Rafter 6-3. 6-1 and advance to the third round of the Bcckcnham grass eourt tennis tournament on Wednesday. Lendl. 32. insisted he had no plans to go
        145 words
      • Article
        Auriol does it in style
        76 17 LACiONISSL Greece French driver Didier Auriol completed a remarkable victory in the Acropolis Rally on Wednesday. atter leading from start to finish. Auriol was lmin 29sec ahead ot a second l~ancia. driven by world champion Juha Kankkunen. Another former world champion. Massimo Biasion o! Italy,
        76 words
      • Article
        Taylor retires
        90 17 MELBOURNE Australian Peter Taylor, rated here as the best one-day spinner in the world, yesterday announced his retirement irom first-class cricket. Taylor was man of the match on his Test debut against England in Sydney during the 1986-87 season when he took career best figures of 6-78. He
        90 words
      • Article
        Keshmiri's claim
        94 17 AUSTIN, Texas American kamy Keshmiri. the world's leading discus thrower this year, said on Wednesday he had turned down a substantial amount of money to compete for Iran in the Bareelona Olympics. "They offered me money, a substantial amount, if 1 would compete for Iran." Keshmiri said of
        94 words
      • Article
        Sanders set to make waves
        190 17 NEW YORK Summer Sanders will take a risk now and then, although the most important decision she made this year does not appear to have much danger attached. Her decision to leave Stanford University and make a lot of money as the potential aquatic superstar
        190 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      184 17 i y A jfe> < j T I i Use I 'i> r f ?%iB6ti '-••CV £3 iijwTMr af' HftsV' iiJiin -2- -4- «MH>tatfkiii^^v/.' X9B T2§3£" .2 >1 '33HK;«i V <3»»~ fHI *V<^C'' st* 5 3. 1' 9&f •6 a 2 -*ti> 4 1 r w jSM'« I r vv
      184 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market indicator stays above 1,500 level
      930 18  -  By S N Vasuki THE Singapore stockmarket rally which started early last week appears to have ended with a whimper. True, the Straits Times Industrials Index, which closed 6.28 points lower at 1,507.44 yesterday, has been displaying unusual strength by staying firmly in the
      930 words
    • Article, Illustration
      Lock icon HOT STOCK
      65 18  -  -By Anthony Pang Comment KEPPEL Corp's rally from early April looks in danger of being reversed. Although short and medium-term stochastics point to a possible rebound in the immediate future, a break below $8.00 yesterday showed a shortterm downtrend may have started. First support is at $7.40. If
      SOURCE: BRIDGE INFO  -  65 words
    • Article
      Untitled
      3156 18 MAIN BOARD 1992 Gr's Gr's Low Tel Company Curr Last Vol Day Last Quote Di» Div YTd Net M Cap High Code Traded Sale +orC000) High Low Buyer Seller CVr P/E Smil INDUSTRIAL AND COMMERCIAL 220 170 1000 Acma 190 cd -2 107 191 187 190 191 12.2 2.1 6.4
      3,156 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3151 19 Robinson 745 4(1 tS 7% HOB Foreign 7W H5 f I <J% keppel I in Wt*>6 57' U2 1 t 27.8% (X'BC 905 f|0 fl.1% OCBC Foreign i i 10 to.7% Spore Bus! 500 710 '10 t 14% I lotel Prop 213 5 t 2.4%
    3,151 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      126 19 I. Shine I YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T. S. liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the mast advanced and company news. or TonyChia videotex! system in the
      126 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3353 20 < leorge Kent 50* 180 7 +-4.0% Landmarks BhJ 111 +2 +1.8% MAS 378 f 2 tO.5% Magnum Corp 50* 372 2 +0.5% Kemayan 50« h9 IV; f2.2% Land General 142 +1 0.7% Metroplex 50* 46'<: +2.2% Pub Bk Foreign 130 I 10 8% SPK-Sentosa
    3,353 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      878 20 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OK THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OK ALEXANDRA INDUSTRIES PTE LTD (Incorporated in Iht Republic of Singapore) At an Extraordinary General Meeting of the members ol' ALEXANDRA INDUSTRIES PTE LTD. duly
      878 words
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      Page 20 Advertisements Column 2
      252 20 IN THE MATTER OF THE COMPANIES ACT (CAP. SO) AND IN THE MATTER OF INTERCONTINENTAL ENTERPRISES PRIVATE LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50. that a Final General Meeting of the Members
      252 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices end slightly easier in quiet trading
      5288 21 Bernama SHARE prices in Kuala Lumpur closed slightly easier yesterday in quiet trading after speculative interest for some industrial stocks failed to lift buying sentiment. The KLSE Composite Index at the close dropped 2.20 points to 586.23, the Industrial Index 2.30 points
      Bernama  -  5,288 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      391 22 Mam Board List Fufl Year Forecast Date Net Net Profit EPS aimed Tear EPS Gross profit Range Range Company Period tost yr endmg (cts) dn (S'OM) (SVm) (cts) Stt F May 20 Mar 92 143 2 40 0 912.800 986 9-***** 0 Metro HMgs F lun 13 Mar
      391 words
    • Article
      OTHER RESULTS DUE
      623 22 IUm Board Last Fal Tear Commit Period Date Tear K Cms Het —wonted endag (cts) dh profit last rear (SS'DOO) EMS Final Nov 6 Jul 91 3.0TE 17.8781 lacks Int Final Apr 30 Jan 92 2281 Pacific Can Interim Jun 3 Sep 92 02 106 Vaa der
      623 words
    • Article
      AUDITED RESULTS
      572 22 AUDITED RESULTS Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) GenMag ton 3 Dec 91 $4,600 ($9,009) 4 6(105) 10TE(10TE) Grand Central )un 3 Dec 91 $8,663($1 1.060) 12.3(15 7) 5(5) Hiap Moh tun 3 Dec 91 $1,821 ($2,101)
      572 words
    • Article
      PRELIMINARY RESULTS
      312 22 Company Date Year Group pre-tax Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Golden Hope ton 3 Mar 92 MJ98 808($65 662 7 7(47) 9(6) MAS May 28 Mar 92 MSI 19.363(1201.989) 32 3(S6 4) 12 5(12.5) JC-MPH May 27 May 27 $7.213($16.48l) 21(7
      312 words
    • Article
      DIVIDENDS ANNOUNCED
      1256 22 Current Ex Books Date Total for Total lor payment date dose payable the year last year Acuta 51 kin 5 Jun 18 Jul 2 12 21 101TE Apolo 25% lun 3 Jun 16 Jul 23 251 B Raya 1% Jun 24 Jul 8 Jul 20 31 21 Berjaya
      1,256 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      664 22 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After SPH 22/05/92 OCBC Ltd S 3.000 25.650 24.030 532 988 *****.532 988 G Securities 22/05/92 Post Office Savings Bank of Spore 8 18.000 25,579 8.504.000 15 46 8522 000 1549 Ul
      664 words
    • Article
      CORPORATE DEVELOPMENTS
      208 22 Jun 3 Hotel Grand Central has bought two commercial buildings worth about NZs7.2m in Wellington, New Zealand, in a bid to diversify. The Hong Leong Credtt group has reduced its stake in Malaysian Pacific Industries by 20 per cent. QAF Ltd has proposed to buy Yaohan's bakery operations
      208 words
    • Article
      APPROVED ISSUES
      455 22 Company Rights Issue DlC Bank One lor two MSI 25 per share Exdate Jun 2 Books dose Jun 17 Acceptance Payment NYA Keppel Prance One-lor lour Si 10 per share [.date May 25 Books dose Jur 4 Acceptance Payment NYA MAA Three-tor tour at MSI 00 per share
      455 words
    • Article
      PROPOSED ISSUES
      648 22 Company Rights Issue A®*k« Tech One forone SI 00 per share CASH Three for two <u, MS050 per share Eu Yan Saoj Three tor-one <g. SI Ob per share Golden Hope One tor sii MSI 50 per share H leant M two tor five MS3 35 per share
      648 words
    • Article
      COMPANY MEETINGS
      105 22 Insurance Corporation of Singapore Ltd: 22nd AGM EGM at the Board Room, Bth Storey, ICS Building, 137 Cecil Street, Singapore 0106, on Friday, June 5, at 12 noon ANA Hotels Singapore Ltd: 14th AGM EGM at the Connaught Room, ANA Hotel, Singapore, 16 Nassim Hill, Singapore 1025, on
      105 words
    • Article
      SCRIPLESS CONVERSIONS
      47 22 Conversion Special Trdg Scripless Conversion deadline Period Trading (ompanv starts (IDP) (ST) starts Gold Coin May 12 Jun 8 Jun 23 Keppel Finance Jun 10 Jul I Jun 19 Jul 1 Jul 2 keppel Corp Jun 12 Jul 2 Jun 12 Jul 2 Jul 3
      47 words
    • Article
      RECORD HIGHS & LOWS
      164 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 *****8 (21/2/92) 1992 ktft *****2 (27/1/92) 1992 low; 1191.31 (09/4/92) 1992 low 1352 83 09/4/92) 1991 tifh: 1333 08 (3/6/91) 1991 hiftr *****8 (3/6/91) 1991 km: *****2 (16/1/91) 1991 low; 1149 08 (16/1/91) 1990 tach; 1435 43 (16/7/90) 1990 hifh;
      164 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      391 22 In local curr In SS In I SS S dy S >r d> N >r d> S >t June 3 Index chgc chge chge chge chge clige World 397.0 0 0 -2.8 -0.3 -4.2 -0.1 -4.7 +EXFE 479.9 -0.4 -4.4 -0.5 -6.7 -0.3 -7.2 Furopc
      391 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares close mixed on lack of fresh political news
      1835 23 Reuter BANGKOK shares closed mixed in light trading yesterday, with speculative interest seen in property stocks, as investors generally adopted a cautious attitude on lack of fresh political news, brokers said. The SET Index rose 5.30 points to close at 684.82
      Reuter; Source: Bridge Info  -  1,835 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices cool slightly, but bulls continue to rule
      1260 23 SHARE prices on the Jakarta stock market cooled slightly yesterday afternoon, after a frantic morning of buying, but brokers said the market still looked strong. Gains were again across the board with first and sec-ond-line shares continuing to benefit from this week's
      Source: Bridge Info  -  1,260 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei slides below 18,000
      2635 24 Reuter TOKYO STOCKS closed easier yesterday, with the Nikkei Average ending under 18,000 for the first time in a week. Beset by futures-linked selling in dull trade, with most investors on the sidelines, the 225-share market average ended down 224.61 points or 1.23 per cent at
      Reuter  -  2,635 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end mixed after see-saw session
      2947 24 Reuter HONGKONG SHARES finished mixed yesterday after a tug-of-war between profit takers and bargain hunters, precipitated by the tumble of Hongkong Telecom shares on news of the loss of its local phone monopoly in 1995. The blue-chip Hang Seng Index inched down 1.57 points
      Reuter  -  2,947 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end slightly lower on higher volumes
      2151 25 Reuter ARBITRAGE trading boosted volumes on the Australian sharemarket yesterday but stock prices closed slightly lower, lacking direction, brokers said. Market highlights were few and far between with Foster's Brewing once again in the spotlight. "But there was a fair bit of arbitrage
      Reuter; Source: Bridge Info  -  2,151 words
  • REGIONAL STOCK MARKETS
    • Manila stocks jump 4pc to record highs
      • Article
        SEOUL
        823 25 THE already depressed Seoul stock market slipped again yesterday in thin trade though intervention by the Korea Securities Market Stabilisation Fund limited damage, brokers said. "There were no buyers or sellers, there's no activity in the market," said Yoo Jai Kyung of Daishin Securities, adding that the market seemed
        823 words
      • Article
        MANILA
        580 25 PHILIPPINE share prices leapt to record highs yesterday on optimism over a probable win by General Fidel Ramos in the presidential election and fresh signs that the economy is pulling out of recession. Government figures showed money sent home by overseas workers helped pull the Philippines out of recession
        580 words
      • Article
        TAIPEI
        499 25 TAIPEI share prices rose in early, active trade yesterday but closed mixed after big players and small investors took profits in the last hour. The weighted index was up over 40 points early on but closed 2.64 points higher at 4,586.61. Financials were strong but many industrial sectors were
        499 words
      • Article
        NEW ZEALAND
        237 25 NEW Zealand shares consolidated at its higher levels on turnover bolstered by the sale by Mainzeal of 10 million Mair Astley shares. The NZSE-40 capital index gained 0.94 points to 1,582.52 on total turnover worth about NZ$43 million. "It's doing well to hold its ground considering how far
        237 words
      • Article
        BOMBAY
        110 25 BOMBAY share prices swung sharply down at the close on Wednesday to end mixed on nervous selling set off by rumours that a big bull player had been arrested for his suspected involvement in a 30-billion rupees securities scam, brokers said. "The rumour hit the market 15 min- utes
        110 words
      • Article
        Untitled
        50 25 Clow Previous +iJune 4 NEW ZEALAND NZSE-40 Capital 1.582.52 1,581.58 +0.94 MANILA Composite Index 1,496.73 1,439.42 +57.31 Turnover (mil pesos) 130 450 -32P TAIPEI Weighted Pnce Index 4.586.61 4,583.97 2.6* Turnover (NTS billion) 32.3 28.2 +4.1 SEOUL Composite Stock Index 568.81 568 98 -0J7 Turnover (billion won) 196.6 218.4 -2^
        50 words
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  • WORLD STOCK MARKETS
    • European markets hit by Danish vote
      • Article
        Untitled
        317 26 June 3 Close Previous NEW YORK Dow Jones 3.406 99 3,396 10 +10 89 SAP 500 ***** ***** +109 Turnover (million) 216 203 +13 LONDON Financial Times 30 2.090 7 2,111.0 -20 3 FTSE 100 2.680 9 2.705 9 -25 0 Turnover (million) 472.0 491.6 -19.6 FRANKFURT DAX Index 1.788
        317 words
      • Article, Illustration
        NEW YORK
        1522 26 US STOCKS staged a mild recovery in heavy trading on Wednesday with the help of computer-guided buy programs and some short-covering. The Dow Jones Industrial Average, which retreated 17.11 points on Tuesday, advanced 10.89 points to 3,406.99. Alfred Goldman, market strategist at AG Edwards and Sons Inc in
        1,522 words
      • Article, Illustration
        LONDON
        747 26 SHARES on the London stock market fell back at the close of trading on Wednesday in continuing uncertainty over the effects of Denmark's vote against the European Maastricht treaty on Tuesday. At the close, the FTSE 100 index stood at 2,680.9, down 25.0 points from Tuesday. The FT-30 Index
        747 words
      • Article
        AMSTERDAM
        167 26 NEWS that France will put the European Community's Maastricht treaty to a referendum sent Dutch shares to a lower close in active afternoon trading on Wednesday. During a dull morning session the Amsterdam market had shrugged off Denmark's surprise rejection of the Maastricht treaty on European economic and monetary
        167 words
      • Article
        MILAN
        148 26 THE Milan stock market snapped a four-session winning streak on Wednesday, as the MIB index ended at 981 points, off 0.61 per cent by comparison with the Tuesday close. Among leading shares. Fiat was down 0.68 per cent, Generali 0.99, Stet 0.55, Montedison 0.47, Ferfin 0.44, Olivetti 1.56, and
        148 words
      • Article
        FRANKFURT
        241 26 THE Frankfurt stock market was irregular on Wednesday, as the DAX spot trend index ended at 1,788.58, down 0.70 per cent on the day, while the Commerzbank indicator tacked on 0.20 per cent to finish at 2,029.50. Operators said investors displayed a wait-and-see attitude, uncertain of how to view
        241 words
      • Article
        ZURICH
        256 26 SWISS SHARES ended a lively session lower on Wednesday. Dealers said the market went lower along with other European bourses on news that France planned a referendum on the Maastricht treaty on European economic union. "Although France's move does not have direct implications for Switzerland it dampened sentiment and
        256 words
      • Article
        JOHANNESBURG
        412 26 JOHANNESBURG Stock Exchange index shares bounced off opening lows at midday yesterday as buying intererst resumed. Dealers said demand for the top 50 stocks was still strong, although a few investors had held back in the hope of picking up shares at the lower levels. "But there are no
        412 words
      • Article
        STOCKHOLM
        147 26 SHARES on the Stockholm bourse closed down almost one per cent on Wednesday on Denmark's shock rejection of a treaty on a broader European union, as well as weak foreign interest and a negative economic outlook report. There was some surprise, however, that the decline wasn't greater. "The downturn
        147 words
      • Article
        TORONTO
        267 26 TORONTO stocks ended flat on Wednesday after wavering through a tight range the entire day on Wednesday, dealers said. "The only reason our market is down is because of the banks," one trader said. The financial services sector dropped 18.3 points or 0.7 per cent to 2,579.18. Most sectors
        267 words
      • Article
        BRUSSELS
        147 26 GLASS MAKER Glaverbel closed sharply higher in active trading on Wednesday as profit-taking in other Belgian stocks wiped out gains made earlier in the week. The BEL-20 Index of leading shares fell 4.17 points, or 0.34 per cent, to close at 1,231.23 points on some 1.03 billion francs of
        147 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends mixed as traders shrug off talk of BOJ intervention
      1227 27 REPORTS lokyo: A late flurry of short-covering yesterday sent the US dollar higher against the yen at the Tokyo close after traders shrugged otT apparent Bank of Japan intervention. The US currency ended barely changed against the mark. "BOJ
      1,227 words
    • Article
      INTERBANK FOREX RATES
      384 27 Cross rates June 4 USS SS MS Dm Yen SFr AS NZS USS 1.6290 2.5270 1.6050 127.30 0.5501 1.4700 1.3123 1.8587 SS 0.6139 1.5513 0.9853 78.1461 0.3377 0.9024 0.8056 1.1410 MS 0.3957 0.64 0.6351 50.3759 0.2177 0.5817 0.5193 0.7356 Dm 0.6231 1.0150 1.5745 79.31 0.3427 0.9159 0.8177
      384 words
    • Article
      MONEY MARKET
      528 27 Interbank rates Bid Offer Overnight 3 3 1/8 1-month 2 15/16 3 1/16 2-month 3 3 1/8 3-month 3 1/16 3 3/16 Overnight mode: 2-7/8 ISS Bid Offer 7 days 3 7/8 4 1 month 3 IS/16 4 1/16 2 months 3 IS/16 4 1/16 3 months 3
      528 words
    • Article
      Lock icon Danish vote expected to hurt high-yielding bond markets
      361 27 Reuter LONDON A growing number of investors will lose faith in weaker, high-yielding European bond markets because of Denmark's shock rejection of the Maastricht treaty on European and monetary union, economists said. "Investors will continue to shift their holdings from weaker bond
      Reuter  -  361 words
    • Article
      FINANCIAL FUTURES
      1469 27 SIMEX EUROOOUAR Open High Low Sett Est Vol Act/Vol Op/Int Jun 92 95.96 95.96 95.94 95.94 2600 3158 ***** Sep 92 95.69 95.69 95.67 95.67 4300 6417 ***** Dec 92 95.04 95.04 95.01 95.02 2700 7165 ***** Mar 93 94.89 94.89 94.87 94.88 1300 1934 8168 Jun 93
      1,469 words
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  • COMMODITIES
    • Article
      Lock icon Tin prices not rising fast enough to change outlook
      399 28 Reuter KUALA LUMPUR Tin prices are rising, after a prolonged glut, but not fast enough to entice Malaysian tin companies to reopen closed mines, share analysts and company officials said. "At this price level, we cannot afford to seriously consider reopening
      Reuter  -  399 words
    • Article
      Lock icon CIS could become grain exporter by 2000: trade experts
      257 28 Reuter BERLIN The former Soviet Union, whose grain purchases have supported the world market for 20 years, could be transformed into an exporter by the turn of the century, trade experts believe. For grain traders meeting here for the European Community's
      Reuter  -  257 words
    • Article
      Tin retreats as dealers take cue from London
      768 28 REPORTS I HE PRICE of tin retreated to close five sen lower at M 515.94 per kg on the Kuala Lumpur Tin Market yesterday following some technical correction after its recent bullish performance. IX'alers said the local market seemed to be taking
      768 words
  • Article
    PRICES
    1724 28 Rubber NWCLB (tafe hi bain) (M cents/kg) Noon CToae Inl I RSS July 92 219 50/221 50N 219.50/221 50 Int 2 RSS OP 217 5<)/2l8 50N 217 50/218 50N UK/Com 216.50/217.SON 216.50/217.SON Int 3 RSS OP 215 00/216.00N 2I5 00/2I600N UK/Cont 214 00/215 OON 214 00/215 OON Int 4
    1,724 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      310 28 BUSINESS TIMES Toll free Tel No 737 0Q43 'Fax No: 734 3698 MOl NT ELIZABETH I.ITHOTRIPTER (S) PTE LTD (In \olunUrv Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company are required on or before the 5 day of July 1992, to send their names and addresses,
      310 words
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      Page 28 Advertisements Column 2
      540 28 COTLEY INDUSTRIES PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of Members of the Company will be held on Monday, 6th July, 1992 at 11.00
      540 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1273 29 City Flight ETA Flight ETD Abu Dhabi GA970 2035 Adelaide QF81 1955 QF82 2205 SQ227 2230 Anwan RJ182 1440 RJ183 2340 Amsterdam KL837 1255 SQ24 0115 SQ323 1815 KL838 2240 Athens SQ348 2300 Auckland NZ35 1550 SQ285 2115 SQ288 2030 NZ36 2355 BA12 2200 Bahrain GF149
    1,273 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A guide to doing the right thing
      506 29  -  LETTER FROM LONDON By Giles Elgood INVITED to a business meeting in a Helsinki sauna? Accept. Feel like shouting at someone in Bangkok? Don't. These and a host of other tips come from the latest edition of the ABC Guide to International Travel,
      506 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: I/>cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2364 I.2S32 Canadian dollar 1.3426 1.3697 NZ dollar 0.8661 0.8836 Sterling pound 2.9494 2.9894 US dollar 1.6250 1.6320 Local dollars to 100 units of foreign currency Austrian schilling 14.27
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      113 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel June 20 Jakarta Fair Jakarta Yayasan (62)21/*****00 July 20-24 Elect rotech NEC. Elcctrcx Ltd. 071-*****47 July 18 Penyelenggara Birmingham London (fa*) Pameran Dan Pekan Raya Jakarta \ug 16-18 International Munich. Mode-Woe he- (49) 89/5024. July 3-6 6th
      113 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from (tart to Pinirith
      38 words
    • Advertisement
      Page 29 Advertisements Column 2
      24 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.
      24 words
    • Advertisement
      Page 29 Advertisements Column 3
      1032 29 BUSINESS TIM ES 1 free Tel No 737 0Q43 FaxNo-734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF KTTZINA PTE LTD (In Mwrtbere' Voluntary liquidation) NOTICE Of RESOLUTIONS At an Extraordinary Genera) Masting ct the memben of the abovenamed Company duty convened and
      1,032 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      267 29 I 5 A national topic of converconvict turned in a grass to do with viewing (9) aIHHHH—_J-JHL— craft (S) where cat--15 Broken rails and bats used 1 T I I I 1 II P° I P weapons days gone 17 Tradesman setting vehicle 22 I 1 J 24 I j
      267 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      166 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report: Maximum temperature 33.0 Assoc humidity 61% Minimum temperature 26.5 Assoc humidity 91% Hours of sunshine 6.75 Rainfall in mm Trace Rainfall this month 21.1 Rainy days this month I World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/05
      166 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      29 29 ALL INI ML I DOMT COUNT FqR 3 ra\Gv4-T f\S G>£/T ON ft LO T w\th rr- j J I q#* fi- I 8690 C ASSOCIATED NEWSPAPERS '..TO 19CMS92
      29 words
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  • Article
    Lock icon Mood of anti-EC union rises in Germany and UK
    434 30 Vocal opposition in Parliament and among public Reuter BONN An anti-Brussels groundswell rose in Germany yesterday while in London, British Prime Minister John Major came under increasing pressure from rebels in his Conservative Party to rethink European integration following Denmark's unexpected
    Reuter  -  434 words
  • Article
    Lock icon New jobless claims rise in US
    160 30 AFP, Reuter WASHINGTON New claims for unemployment benefits rose to 407,000 in the week ending May 23, the first increase in three weeks, the Labour Department said yesterday. The number of people filing claims for the fii'st time rose by 4,000 from 403,000 the
    AFP,; Reuter  -  160 words
  • Article, Illustration
    Lock icon Developing nations slam the rich for selfish waste
    392 30 The Earth Summit AFP RIO DE JANEIRO Developing countries slammed the rich at the first day of the Earth Summit on Wednesday for enjoying "wasteful and over-consumptive lifestyles" while refusing to aid the poor. "It is difficult for a man scavenging on
    AFP  -  392 words
  • Article
    Arrest of fishermen: M'sian police action unacceptable, says S'pore
    301 30  -  By Walton Morais SINGAPORE The Singapore government has denounced the action by Malaysia's marine police in arresting fishermen from two Singapore vessels as "illegal" and "unacceptable". In comments made in response to a query, a Foreign AfFairs Ministry spokesman said one
    301 words
  • Article, Illustration
    Apec can do without Asean but not vice versa
    683 30  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a Melbourne-based journalist who contributes to BT regularly APEC can be likened to a sumo wrestler bulky but surefooted. And as always, with some surprises up his loincloth. Take,
    683 words
  • Article
    Lock icon Tokyo banks to write off loan losses
    157 30 Reuter TOKYO Some big Japanese banks are preparing to write off losses on loans to the Philippines, Brazil and Argentina in the year to March 31, 1993. Analysts said yesterday negotiations on these countries' debt restructuring were likely to be concluded this fiscal
    Reuter  -  157 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      475 30 Nikon The World's Finest Photographic System I IQBOR 2005 I TECHNOPOLIS OF MALAYSIA I This international conference organised by the Johor State Government will be held at Putari Pan Pacific Hctal from 15-17 Juna 1992. This conference will be attended by a few hundred I invited leaders from the international
      475 words
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      Page 30 Advertisements Column 2
      15 30 Editorial, Pg 12 More reports, Pr 13 Jobs figures show govt underestimated US recession, Pgll
      15 words
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      Page 30 Advertisements Column 3
      36 30 Nikon The World's Finest Photographic System IMlD^yearl Commencing 2 Jun '92 50% 60% Specially Selected 500PK Hexagonal Vase going for 1 /2 Price! (5b GENESIS CRYSTALS OUB CENTRE. 1 RAFFLES PLACE #01-01 SINGAPORE 0104. TEL: *****10
      36 words
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  • Shipping Times
    • Article, Illustration
      DNV to start new system next month
      422 31  -  Maritime guidelines to he integrated with classification rules By Rahita Elias SINGAPORE Oslo-based Dot Norske Veritas Classification Services (DNV) will launch next month a system which integrates classification requirements with various international maritime rulings. At present, classification societies inspect ships to check for
      422 words
    • Article, Illustration
      Unitor launches oil bag to fight spills at sea
      431 31  -  By ii Juliette Walker SINGAPORE International ship services group Unitor recently demonstrated its first oil bag in the region in a tangible step towards its aim of providing solutions to the problem of containing oil spills. The Norwegian company recently sold
      431 words
    • Article
      Lock icon Bill for bailout of Avondale shipyard heads for Senate
      254 31 Reuter NEW ORLEANS A state legislative bailout bill designed to keep cash-starved Avondale Industries Inc of New Orleans afloat for the next few years has been approved by the full House and a state Senate committee. It is headed for the
      Reuter  -  254 words
    • LOG BOOK
      • Article
        Canada may stop credit to Russia
        140 32 OTTAWA Canada's Minister of Grains and Oilseeds Charles Mayer said Russia's grain-transport problems have not resulted in lost sales for Canada and that Canada is unlikely to offer shipping credits to Russia. "Extending them credit for freight certainly is not going to solve all
        140 words
      • Article
        US port's new regulating powers
        106 32 NEW ORLEANS Louisiana Governor Edwin Edwards has signed into law a measure giving a small port in St Bernard Parish the same power as the Port of New Orleans in regulating international cargo. The St Bernard Port, Harbour and Terminal District which currently has no
        106 words
      • Article
        Conrail studies dock's future
        96 32 PHILADELPHIA Consolidated Rail Corp said on Wednesday it is studying the future of its C&P Dock in Cleveland, where it will close its Hulett unloading machines for water-to-rail iron ore transfers at the end of the shipping season. Conrail said C&P Dock will be listed as
        96 words
      • Article
        Stricken ship at North Sea port
        50 32 LONDON The Swedish-flag vessel Tor Anglia has arrived safely in Immingham, northeast England, after being disabled by an engine-room fire in the North Sea near Humber, Lloyd's Shipping Intelligence Service said on Monday. The 7,518-dwt vessel was to be towed to Rotterdam by tug.
        50 words
      • Article
        Argentine dockers suspend strike
        60 32 BUENOS AIRES Argentine port workers unions suspended a nationwide 24-hour strike scheduled for yesterday to continue talks with government officials and employees, a union spokesman said on Wednesday. The port unions had called the strike demanding higher pay and job security. The unions are also against
        60 words
      • Article
        Plane slightly damaged by bird
        48 32 ISLAMABAD A Pakistan International Airlines Boeing 737 was slightly damaged when a bird hit its leading edge flap while landing at the eastern Lahore airport on Wednesday, a PIA spokesman said. The aircraft was carrying 120 passengers, he said, without giving further details.
        48 words
    • Article, Illustration
      Lock icon Trusted rivals
      937 32 Shipping companies have begun to cooperate with one another, putting an end to the price wars and cut-throat competition of the past The Nikkei Weekly Nippon Yusen KK's absorption of Nippon Liner System, a subsidiary of Navix Line Ltd, on Oct I, 1991, reduced the number of Japanese
      The Nikkei Weekly  -  937 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      652 32 Carbon Cjrtwn May Density Water Residue Ash Akimnun Sednent Density Water Residue Ash Akimnum Sediment tM'M r M/M Enon E KG/M*3 V/V MM MM PPM method KG/M*3 V/V MM MM PPM method tSO/Cnac imrtj Spec E?5 991 1.0 15.0 0 10 30* 0 10* T Spec
      652 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1158 32 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 7 2 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 4 ASXCL Shpg 15 2
      1,158 words
    • Article
      THE SHIPPING GUIDE
      12272 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      12,272 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        585 47 Hi Birth fcrwd Pqwtot Vwsel Voy Departue Marina Terminal 1 lin Xiang 18 alongside 05 06 0600 Aungpyanhtit 0192 M02 alongside 04 06/1800 lesogorsk 01 J2 alongside 05 06/2300 Batam Mum. *****2 M05 alongside 0506/2300 Mekah Indah Ml/92/07 J1 alongside 05 06/1700 Batam Sayang *****2 M03 alongside
        585 words
      • Article
        IN MALAYSIAN PORTS
        143 47 Penang Port In the roads: Yang Cheng Ho, Rohas Ria, Thana Bhum, Fortune Beta. Victory, Ba Da Ling, Bangpo, Express Bahagia, Bridge, Ocean Winner, Vinco Trader, ACX Ruby. Due on Juie 4: Indra Gandhi. Lampung. Due on June 5: Omadhoo Fortune. Dragon Sentosa. Global Winner, Aries, Sea
        143 words
      • Article
        CONTAINER SCHEDULE
        1606 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS S*> Voy No Contanen av*Me Ship Voy Wo ConUnw avaiaMe OOCL Frontie 03E 0306.92 0920 B Penaga 09/ COO(EST) 05.06 92 0100 Oefaa, 984 03.06 92 1045 E Gentle RE-044 COO(EST) 04 06 92 0700 New Genlord 7792 *****2 1100 Maha
        1,606 words
    • Article
      TRANSPORT DIARY
      1146 48 Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 071-637-4383 or fax: 071-631-3214. Oct 13-16: Seatrade Asia-Pacif-ic Cruise Convention, organised by Seatrade. The event will take place at The Westin
      1,146 words
    • Article
      DAILY FREIGHTS
      370 48 JAPANESE charterers paid worldscale 34 and 35.5 for end-month VLCC trips from the Mideast Ciulf to Japan. 10 points down on last week, brokers reported on Wednesday. These levels were close to those last seen paid for South Korea but the Japanese market normally offers a heavy premium.
      370 words
    • Article, Illustration
      Bell Atlantic beefing up presence in Asia-Pacific
      417 50  -  By Dexter Lee SINGAPORE Arlingtonbased Bell Atlantic International. Ine is beefing up its presence in the Asia-Pacific, where it may pump in more than US$l billion (551.63 billion) in a host of telecommunications projects over the next couple of years. Bell Atlantic vice-presi-dent
      417 words
    • Article
      Lock icon Fight for use of US airwaves underway
      510 50 Utilities, railroads up in arms against new technologies group NYT WASHINGTON A federal plan to make room on the US airwaves for pocket telephones and other new mobile communication technologies is running into roadblocks from powerful senators, as well as from industries that
      NYT  -  510 words
    • Article
      Lock icon TWA posts smaller 1st qtr loss of US$86m
      226 50 AP KANSAS CITY, Missouri Trans World Airlines reported a net loss of US$B6.B million (S$ 141.5 million) for the three months that ended March 31, saying increased traffic gave it improved results from the first-quarter 1991 loss of US$BB.2 million. In a
      AP  -  226 words
    • Article
      Lock icon Concern over CFC use may affect shipping
      399 50 KnightRidder PIRAEUS Global concern at the use of chlorofluorocarbons (CFCs) is having a major effect on the shipping industry, with many operators hastening their plans to replace these chemicals. The world merchant fleet of some 33,000 vessels currently relies heavily on the ozone-depleting
      Knight- Ridder  -  399 words
    • Article
      Lock icon Canada may lift ban on former Soviet ships
      245 50 Reuter WASHINGTON Canada is expected to soon ease or lift its ban on former Soviet ships that are suspected of carrying Gypsy moth eggs from docking at Canadian ports, according to an unofficial US attache report. The action should increase Canadian grain
      Reuter  -  245 words
    • Article
      SIA, Qantas to link up their cargo reservation systems
      270 50 SINGAPORE Singapore Airlines and its Australian counterpart Qantas Airways have agreed to link their computerised cargo reservation systems to their respective cargo community systems. In a statement yesterday, SIA said Qantas will participate in Spectrum, the Singapore reservation system, when it
      270 words
    • Article, Illustration
      Lock icon McDonnell Douglas sees share prices falling
      503 50 NYT NEW YORK Last fall, McDonnell Douglas Corp appeared to have put its financial woes behind it, and the stock reached its highest price in several years. The large number of short sellers who were betting against the aerospace company started bailing out, in
      NYT  -  503 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      200 31 the /g FAMOUS Kik/JM^ak ■iMHIJI* 224 1833 For more information please refer to Pg. 13 w. have what it takes. Thousands of trucks, hundreds of planes. And computers to keep track of them all and the parcels they carry. But we also know that this is not enough. So, wherever
      200 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      31 32 Lines an<l MrylcM represented by Members of the Registry of AccredHed $9T(Sw*\ >MP t2aft& Staf por For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 Advertising Marketing every Thursday in Business Times
      31 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      3681 33 M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES AlVVfr BOOKINGS TEL *****34 *****58 ■VCHmi Ji? TERMINAL/CFS TEL: *****18 220 P BflflAfl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL *****18 FAX *****91 *****88 "~~TT PTT 1 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 Dedicated to Quality Service
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      1488 33 NEXT SAILINGS TO U.S.A. ARTHUR MAERSK V.9210 ETA SIN 8/6/92 MARGRETHE MAERSK V.9206 ETA SIN 9/6/92 Vessel Voy ETA ETD Feeder by DESTINATIONS World Lynn/ Aries This week Margrethe Maersk 9206 CFS 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA CHS BAL pHL NYC MON TOR MARGRETHE MAERSK
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      1700 34 <hBBI B I v M H I V M 00 B AV A A w i 11 ii I Vil j Aji 3"ATJ I 888 11 BJ 11 k < 1111* Ijl" I j HDAM/ rS^rri J VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE DRESDEN
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      482 34 II EXPRESS TO PAPUA NEW GUINEA 1 SPORE CMEFOO V7S 12/08 POM/MON/NORO/RAB LAC/MAO ALAR 4 TALANG VIS 01/07 POM/HOM/NORO/RAB/ KIM/LAE/WWK CHEFOO VOS 29/07 POM/MON/NORO/RAB LAE/MAO ALAM TALANG V2B 12/06 POM/MON/NORO/RAB KIM/LAE/WWK CHEFOO V9S 03/08 POM/MON/NORO/RAB II LAE/MAD (LCL B/BULK) T/S: AIOTAU, OftOBAY. KAVENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT
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      1612 34 &MBTM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE WL/VOY SIN ALG BCI HAM BRf ROT ANT PEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAH 9214 3 08/06 30/06 01/07 03/07 04/07 04/07 05/06 05/06 06/06 NORASIA SAMANTHA 9215-3 14/06 06/07 08/07 10/07 11/07 12/07 13/07 13/07
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      1660 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS DW SAIS CARGO SrUKt D KOK SIMIIS HOPE ¥071 Mu»i. Skan. law In Port 06 Mm MARION W 00SN 06 07 HJNI 09-10 MC STRAUS VENTURE VI4E Muara. Lab. KK ki
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      1601 35 SINGAPORE AGENT: J /\ri|-o||ip|*o P&O Containers (Singapore Agencies) Pte Ltd O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 ■P Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z P&O CONTAINERS NOW OFFERS YOU: 3 FIXED DAY SAILINGS PER WEEK TO UK/EUROPE/MEDITERRANEAN 2 FIXED
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      94 35 CONTAMERBED/SEM-CONTA6CRISED/PALLETISED SERVICE TO PAS* GUDAN6. PORT KELAN6. KUCHMG I SBU MALAYSIA SPOKE PAS* GUPAW6 LOADMG FOR GENKI Vl4/92C WT 177! KUCHMG/PONTIANAK ON* V9212E SaU/JAMKQ SPO«£ POUT KEimC *GMA I ¥.10 "ITT 9/1 PORT KELANG GMA I V.IOE 11/ C SBU KUCHMG OGI V.CIS 7/C KUCHMG W*U~\3 Orient Pacific Services (S)
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      567 36 WW"' "1 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY SrOK ROAM AOAM HfIURC WO XMMRP EU/D MATMMM/ 32W8 J/7-13/7 14/S 19/» 24/« 27/8 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*ct to Inducement Also accepting cargo to Caaablanca. Port Said, Port Alexandria, Genoa, Trieete. ALSO ACCEPTING CONVENTIONAL CARGO
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      1474 36 0 HANJIN SHIPPING FDR VSI SM LINE HAUL IGB OAK FDR W SM IIM HAUL SAV LM NYC HANIIN ELI2ABCIH 004E 6 6 DOttCJ 29 6 Ml HANJIN KUNSAN 075t 8 6 H KOBE 0371 16/7 17/7 19/7 HANJIN VANCOUVER 009E 14 6 DRECT i b 8 6 FISHGUARD BAY
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      1260 36 JJ-T J Ipul ssf ku me uc pus mi o» net sou ito iu cm bju ntc it* m w i» wc pso cm pkl I I OCT K OJ7 9/6 10/ i 15/» 17/6 19/6 22/* 23/6 25/6 20/6 27/6 2S/6 10/7 22/7 24/7 25/7 5/1 6/1 7/1 1/1
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      2146 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INOIA/PAK SERVICE *****00 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33. P Kelang-(03) *****87,
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      Page 37 Advertisements Column 2
      1146 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOPP -OtSCHAKONG WtSTBOUHD-LOMHNG TRAHSWPED VIA ROTTERDAM tt«ts 101
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      Page 38 Advertisements Column 1
      1791 38 KW AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W V A TEL: *****77 TELEX KAWAKIRS23I6S FAX: *****Q7/8/9 I m r%l M MALAYSIA: *K" UNE MARITIME (MALAYSIA) SDN BHD JLmJi TEL SA *****00 PK *****01/5 PENANG *****0 J3 236*01 9KB KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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      Page 38 Advertisements Column 2
      1196 38 2 PHI LI-ORIENT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00 Telex: RS ***** FAX. *****76 *****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION —i AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE --j 11 JUN
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      2269 39 aaaaPfl pacific international lines (pte) ltd SSS* V ill 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 ii ii imi 11 mi h inn ii I JAKARTA 1 [BANGKOK ~l VESSEL VOY SIN JKT SIN VESSEL VOY BIN BKK SIN KOTA INOAH 231 7/6 14/6 SRISAMUT (THAI FLAG)
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      Page 39 Advertisements Column 2
      732 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL I PENANG PKELANG I OCEAN VSL/VQY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 5/6 6/6 ALSIA 2222 9/6 26/6 28/6 29/6 Til ANSON/TBN 12/6 13/6 BENAVQN 2232 16/6 3/7 5/7 6/7 8/7 ANSON/TBN 19/6 20/6 JUTLANDIA 2242 23/6
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      Page 39 Advertisements Column 3
      321 39 M MYANMA ■i FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen PGd( PINYA VI22W M PT 10/14 fan MYOMAVWA ¥142* 10/12 lun 18/17 km PAGAN Vll3* 13/15 km HPA AN Vl7B* 20/22 )ur NIGERIAN NATIONAL ML SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN V.52 SINGAPORE
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      2675 42 Container Liner Services Gu Snipping Sdn Bhd Chung Chine Shipping Sdn Bhd FT. 6kft* flrtri Indonesia Mnrttimn JHH JtuntiWH Cos tar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd tpooo Pof mng off $uqq m JM,U 2 MiStii Ihlid 4/Hill Steel SeHngor Oarul Ehsan lei 442 5091 442 5081
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      Page 42 Advertisements Column 2
      325 42 SAMUOCM MNNKSIA (S) PTI LTD 15 McCALLUM STREET ■■H #14-04 NATWEST CENTRE Singapore 0106 Tatax: R*****0 T«fc ******1-3 Fix: 229 4tM, 227*134 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TANTO CAPITAIN 900 06/06 (SAT) 10/06 (WED) LAWANTI 964 06/06 (MON) 10/06 (WED) DERAJAT 985
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      460 43 ii FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 7/6 ROTTERDAM 7/6 HAIFA/ASHDOD ALEXANDRIA 7/6 HAMBURG/BREMEN 7/6 marseille7fra¥ce 7/6 eelixstowe/uk 7/6 BARCELONA/SPAIN 7/6 LEHAVRE/ANTWERP 7/6 GENOA/ITALY 776 |GOMNBURG/SCANDINAVIA 7/6 LOS ANGELES/WC/IPI 7/6 SYDNEY/MELBOURNE tl/6 NEW YORK/EC 7/6 EREMANTLE tl/6 VANCOUVER 7/6
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      Page 43 Advertisements Column 2
      834 43 [f£n| RICHFIEL^ARIME^SENCIEHS^T^ToI S TEL: *****33 (12 Lliwa) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES Lr (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING frOH SPOHE NET SANE T TftWß 13 06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABVOT ?9WB 15 07 DARESSALAAM MOMBASA
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      945 43 BANGKOK I KSSU VOY m *T VESSEL VOY SM6APO* MWGXOK I NANA BHUM 144S 6_6 9 6 PITA BHUM 236N En In Pt Mon OB 06 I I HAN A BHUM 04SB 10 06 13,06 NAM!A BHUM 92N Sit 06.06 tut M<* I WWW BHUM MSB 13 06 I 16
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      1715 44 1 SaS MAC-NELS S'PORE IMPORT: *****11 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088) *****0 TAWAU: (089) *****9 P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 I o|||itA§§»ED I KtN PK SIN I PEN PK SIN Colombo 6/6 7/6 8/6 j §6 6 7 6
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      Page 44 Advertisements Column 2
      266 44 1 BLUE star line TO FROM ff/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm NPI AKI it? sm MUBtM 27S 12/6 24/ C VM NPI 2t/( 13/7 MJSI STAR VOS22 21/6 VIA AKI 3/7 5/7 22/7 PSOSPIC! 19S 7/7 VIA AKI 19/7 21/7 7/«
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      Page 44 Advertisements Column 3
      1139 44 THONG SOON LINES PTE. LTD. K W- 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER BERVICKB SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL tor |ETA PCST VESSEL
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      Page 45 Advertisements Column 1
      849 45 COMPANIA PERUANA TOftX DE VAPORES "PERUVIAN STATF LINE" ACCEPTING BREAKBUIK FCI/SOC CARGOES TO/FROM CALIAO, MAT ARAM, HO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/lAPAN SERVICE ACCEPTV4G BREAKBUIK SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA. MOJI, TOKYO*. MANILA*. DAVAO*.
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      515 45 |CZ3Z I ME^SI N.AMERICA/CARRIBEAN SERVICES vessel Ivot [sin Imaikwr Ivot [lai Ikst [sav [ntc Ihti MUM —L4_ iiLßfiifl UL. JLL ILL. 2Li_ ILL. 2Li_ rMVS LUL lLi_ ON it ILL. ILL. ILi LL. JJ_ lQfl 24.6 AH CANADA it llil 27. 7 3L/ M 4/1 C rOOHAMA lfl)l l« >
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      Page 45 Advertisements Column 3
      607 45 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS KDOAH FAR EAST ACCEPTING FCL/LCL PENANG P KELANG JAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY ABERDEEN. IE HARVE HAMBURG ROTTERDAM ANTWEP GOIHEN6URG COPENHAGEN
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      Page 45 Advertisements Column 4
      454 45 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPE2IA VSL: FREITAL ETA SIN 15 JUN TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALWFAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKMG LUCKY IRANSPORt i FREIGHT
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      484 45 SIN FAK EAST 8/6 KEELUNG/KAOHSIUNG 10/6 BANGKOK 12/6 MANILA/CEBU 14/6 JAKARTA/BELAWAN/SURABAYA 8/6 PORT KELANG/PENANG/E. Malaysia 8/6 BUSAN 14/6 TOKYO/YOKO/KOBE/NGO/OSA 9/6 HONG KONG SIN CHINA 9/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 13/6 LDN/FLX/LVP/SOU 13/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. Sm USA/CANADA 8/6 LOS
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      Page 46 Advertisements Column 1
      849 46 «T FIL CONTAINER SERVICES PTE LTD I Ctt- MADRAS CALCUTTA VSL SIN/MADRAS VSL SIN/CALCUTTA SIN MAO SM SM CM. SM NIX! ftVAHABU 04 05 06 11 12 06 IS 19 06 NUT AVM.AH.E 04 05 06 11 15 06 21 22/06 06 07/06 IMS/06 20-21/06 09 10/06 16-20 06 26-27/06
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      462 46 S$ tsonterml W CONTEHM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 12 JUNE ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 07 JUNE JAKARTA 10 JUNE PENANG 08 JUNE PORT KEIANG 11 JUNE MELBOURNE 11 JUNE I SYDNEY 11 JUNE FELIXSTOWE 7 JUNE HAMBUBG 7
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      Page 46 Advertisements Column 3
      896 46 BNext Week's Sailings Singapore Singapore I Rotterdam Bangkok 14/06/92 Antwerp 15/06/92 Los Angeles Manila 12/06/92 (Onforwarding j 4/06/92 fg Singapore Tel: *****22 fl>li Fax: 779 2738 J*' w /Ak Johore Tel: 07-*****8 6112J Fax: 07-*****3 Alfred Ng 77Z4A£S-Z/A//C INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel: *****11 Fax: *****88 CR: **********0
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      16 47 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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      112 47 TO OUR VALUED CUSTOMERS REMOVAL NOTICE WITH EFFECT FROM 15TH OF JUNE 1992, VAN OMMEREN SHIPPING (S) PTE LTD WILL BE LOCATED AT: PSA BUILDING 460 ALEXANDRA ROAD UNIT #32-01 SINGAPORE 0511 OUR NUMBERS REMAIN UNCHANGED: TELEPHONE (65) 273 0466 FACSIMILE (65) 273 6767 IMPORT DIRECT LINE (65) 273 0228
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      472 47 TIDES AND WEATHER TODAY'S TIDES (he»t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 **********00 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 30 33 33 30 24 1 7 1 1 0 7 04 03 04 08 14 20 2.3 24
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      Page 48 Advertisements Column 1
      339 48 s ULTIMATE FREIGHT SERVICES ■msransnvrsßOSFrasns^H AUSTRALIA al ports USA Seattle, Portland, SfO, LA, New Yort (C il ports amlalHPoWs BflK ndufaf China CANADA Calgary. Edmonton, Montreal. New Brunswick, AltOfAK Ottawa, Saskatoon, Toronto, Vancouver, IWWUR BcWßf Uw Wh#(|, Nova Scotia, Quebec C*|. MAURITIUS Port LouiS EUROPE Antwem N*nhi*« B<rtt»rrfam PACIFIC ISLANDS
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      Page 48 Advertisements Column 2
      332 48 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotter dam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR QING RONG 12/07 Guangzhou'Huangpu EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please relet above mentioned services to China Ocean Shipping
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      Page 48 Advertisements Column 3
      548 48 Enterprise Management in Business Times every Monday I mmo. 1 m VH BEIJING •CHANGCHUN CHANGSHA fill \Z 111/ Vf 'I I I CHENGDU CHONGQING FUZHOU W I m V I I ml V> I \GUILIN HARBIN KUMMING XIAN ■mI I ml V m-M M >■ M I NANNING»OUANZHOU«SHEKOU I Imj
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      Page 49 Advertisements Column 1
      1163 49 HYUNDAI I MERCHANT MARINE CO. LTD. •VIA FEEDER PACIFIC SOUTH-WEST SERVICE PW PKE* PGD*~ SIH* 10 USA VOY_ KAO LBH OAK PAL/HOU CHI SIU WTC 02/06 27/05 29/05 05/06 H CHALLENGER 51E 12/06 29/06 02/07 02/07 03/07 03/07 05/07 09,06 03/06 05/06 12/06 H INNOVATOR 50E 19/06 06/07 09/07 09/07
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      472 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HSSU VOY SP mc u COSMC TMDII 25 SID SID NPI DIIU 1011 4 1/6 II I COSMC PIOMIR 22 I I COSMC CMIUICH 1/ 111 IS/I TIHS lITI 40 U/l Wl 11/1 su ia« M ii i SMI
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      Page 49 Advertisements Column 3
      719 49 r I\t \4l iiwf w JEDDAH/UK/CONTINENT ISTOM lAO S lON WM*G R DAM UN Ah* Accept™ Caja Far 4 '322 7/1 24/1 74/1 21/4 31/6 Rottndim :la 4 Antwerp. Aimlcrdan. Oiki. Hchrtu l|i|B||^H u«» .i's 4/7 M S Sauthanptiw ta *UK dntiutnr Mint aid DiMn tmfwKi *02/323 14/4 1/7 J/7
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      Page 49 Advertisements Column 4
      124 49 MVBINTANG MAS SHIPPING PTE. LTD. KC.tf 39 NEIL ROM) SINGAPORE 0208 OTJiV TEL: *****88 TLX: R*****5 SINMER FAX: *****64 »cotts «*ts or CMCO s -KM KSIMIUB MfIMK KIMI *1* 9i tJ km 0» 01 hn M*. Iln. IhM MEKCUIT KMI *111 <*10 Im 1011 km Mm. HKlIt MIX NIC IS
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      Page 50 Advertisements Column 1
      91 50 Every Saturday in Business Times L Ozy- l <c> 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
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      Page 50 Advertisements Column 2
      6 50 INVESTMENT Every Saturday in Business Times
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