The Business Times, 25 June 1992

Microfilm: NL18215
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Thursday, June 25, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      UK gross domestic product falls 0.5pc in first quarter
      72 1 LONDON The recession which began in Britain in the summer of 1990 continued into the first quarter of 1992, with gross domestic product falling 0.5 per cent, according to official figures released yesterday. Excluding oil and gas production, gross domestic product
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    • Article
      China's military voices doubts about reforms
      62 1 BEIJING China's military, which has pledged itself to be the "escort" of Deng Xiaoping's economic reform policy, admitted yesterday that worries about the breakneck speed of the programme have hurt morale. The signed article in the Liberation Army Daily, the armed forces' official newspaper,
      62 words
    • Article
      Anand orders inquiry
      32 1 THAILAND'S interim prime minister has ordered an official investigation into last month's political crisis in which troops loyal to the promilitary government fired on demonstrators in Bangkok. Page 2
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    • Article
      Ramos sticks to policy
      31 1 KEY advisers of Presidentelect Fidel Ramos said on Tuesday the new government will pursue export-oriented economic policies and oppose unilateral limits on foreign debt repayments Page 2
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    • Article
      KL plans hampered
      29 1 MALAYSIA'S plans to move rapidly and enhance its own development and upgrade its technology-related industries may be hampered by slow de-cision-making by some authorities Page 7
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    • Article
      US foothold in China
      33 1 US companies are establishing a stronger foothold in China because of the open-door policies in southern provinces and the largely untapped Chinese domestic market, a survey concluded Page 10
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    • Article
      Tag Heuer confident
      30 1 TAG Heuer is confident its new range of $4,000 sports timepieces launched this week will sell strongly, despite the slump in demand for luxury goods Page 16
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    • Article
      Jump in surcharges
      33 1 THE Transpacific Westbound Rate Agreement (TWRA), a grouping of carriers of which Neptune Orient Lines is a member, has announced sharp hikes in its bunker surcharges. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      24 1 WALL STREET stocks edged upwards yesterday morning. The Dow Jones average rose 4.01 points to 3,289.63 in the first hour of trading.
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    • Article
      Footsie lower
      23 1 LONDON shares were mostly lower at midday yesterday. At 1130 GMT, the FTSE 100 index was down 13.2 points at 2,547.4.
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    • Article
      ASM to raise M$507m
      33 1 AMALGAMATED Steel Mills Bhd (ASM) is seeking to raise MSSO7 million through a one-for-three rights issue of shares and a rights issue of cumulative redeemable preference shares Page 4
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    • Article
      MAS raises US$170m
      34 1 MALAYSIAN Airline System Bhd (MAS) successfully raised US$l7O million from offshore banks yesterday, more than enough to make up for a setback in the capital markets earlier this year Page 4
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    • Article
      Liang Court allotment
      32 1 LIANG Court Holdings Ltd, whose new share offer was 62.7 times subscribed, has alloted a generous 48 per cent of its 64.8 million shares to small applicants Page 4
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    • Article
      Thai Danu's plan
      42 1 THE Thai Danu Bank, in which DBS Bank and Tat Lee Bank of Singapore have interests, plans to engage in more fee-based activities to capitalise on a new law which gives Thai commercial banks wider operational scope Page 6
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    • Article, Illustration
      STOCK INDICES
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article
    US firms turn pessimistic about economic recovery
    545 1  -  Expected drop in orders is bad news for Singapore exporters By S N Vasuki SINGAPORE In a bleak assessment of any early economic recovery, American manufacturing and construction companies have forecast a drop in new orders and production in the next three months.
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  • Article, Illustration
    Vietnam may soon allow foreign firms 99-year land leases
    468 1  -  By Harish Mehta SINGAPORE The Hanoi government may soon extend land leases in Vietnam to 99 years, a move which Singapore companies venturing there have welcomed. The move, now under active high-level discussion, follows a barrage of complaints from foreign investors
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  • Article
    S'pore property, construction bodies sign accords with Hanoi
    322 1  -  By Lilian Ang SINGAPORE Singapore's private-sector property and construction bodies have agreed to work with the Vietnamese government to promote investments there. The Real Estate Developers' Association of Singapore (Redas) and the Singapore Contractors Association Limited (Seal) yesterday signed two memoranda of
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  • Article, Illustration
    Poll results stun Israel, but raise peace hopes
    69 1 IN an outcome that confounded the pollsters, stunned the nation and raised hopes for peace in the Middle East, Israelis have voted in the opposition labour Party and its allies. But for the man who brought about the labour victory and who
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  • Article
    Ex-HKSE official gets HK$10m in legal costs, more payouts expected
    462 1  -  From Catherine Ong in HONGKONG ONE of seven men acquitted of stock exchange bribery-re-lated charges is believed to have been awarded HKSIO million (SS2.I million) legal costs by a High Court judge in chambers yesterday after the press was barred
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  • Article, Illustration
    Islamic finance in Asean
    108 1 THIS MONTH'S issue of Trends, a publication of the Institute of South-east Asian Studies, appears in today's Business Times. In this issue are: The place of welfarism in affluent Singapore by Liew Kim Siong. The geopolitics of the Pacific by S Rajaratnam. Singlish as a language
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      226 1 I Bu rberrys; „W» jf i Reigns when it pours Aircraft Schedule 29 Jakarta/Bangkok Stocks 23 TV Radio 14 Ad Market** 16 KLSE 21 Unit Trusts 20 Commodities 28 Money Changer Rates 29 Weather 29 Company News 4,5 Money Market 27 World News 10 Cryptic Crossword 29 Regional News 7
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      Page 1 Advertisements Column 2
      29 1 Page 3 Kditorial, Pr 12 Hock Lock Siew: Milano a drag on Hour Glass, Pg 4 Business Times comes in three sections today. Make sure you get them all.
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      Page 1 Advertisements Column 3
      95 1 TOTAL TRANSPORTATION SERVICES CROWN RACIFIC 36 Pioneer Road Singapore 2262 Fax: 862 2840 Tlx: RS ***** CRW NPAC Td 861 6818 HKSE launches electronic settlement system, Pg 5 ITte of Perfection Our tradition of offering only the most exquisite dishes splendidly prepared by our dedicated Master Chefs is fully recognised
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  • PAGE 2 NEWS
    • Article
      Lock icon Anand pledges full inquiry into army crackdown
      442 2 Reuter BANGKOK Thailand's interim prime minister has ordered an official investigation into last month's political crisis in which troops loyal to the pro-military government fired on demonstrators in Bangkok. Touching a raw nerve in Thai politics, pro-democracy groups have demanded that military leaders
      Reuter  -  442 words
    • Article
      Lock icon Thai bourse suspends Shinawatra and unit
      192 2 AFP BANGKOK The Stock Exchange of Thailand has suspended trading in shares of Shinawatra Computer and Communications and one of its subsidiaries, an exchange spokesman said yesterday. The move against the telecommunications giant and its subsidiary, Advanced Information Service, follows a major restructuring in
      AFP  -  192 words
    • Article
      Batam resort project likely to be revived on smaller scale
      303 2  -  By Dawn Tan SINGAPORE The stalled multi-million-dollar Talvas Golf Club and Resort project on Batam Island is to be revived soon, probably on a much smaller scale than its developer had envisioned, sources say. They told BT that talks were
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    • Article
      Lock icon Ramos to go for export-driven policies
      419 2 Key advisers say new president will also oppose foreign debt repayment limits AP MANILA Key advisers of President-elect Fidel Ramos said on Tuesday the new government will pursue exportoriented economic policies and oppose unilateral limits on foreign debt repayments. Central bank governor Jose Cuisia
      AP  -  419 words
    • Article
      Lock icon Philippines gets chance to start a clean slate with Ramos
      552 2 Reuter MANILA After six years of disasters and coup attempts in the Philippines, President-elect Fidel Ramos offers the chance of a fresh start in a country that has floundered under dictatorship and free-wheeling democracy. Politicians say Mr Ramos, a free
      Reuter  -  552 words
    • Article, Illustration
      Manila's next First Lady believes in national unity
      735 2  -  From Evangeline Gamboa in MANILA AMELITA RAMOS, whose husband Fidel is five days away from becoming the next Philippine president, is an advocate for national unity. "Let's get the (political bickering) over with. Let's get started," the diminutive First-Lady-to-be said in an
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    • Article, Illustration
      Lock icon Labour Party sweeps to shock victory over Likud
      539 3 Israeli general election Reuter JERUSALEM Labour leader Yitzhak Rabin swept Israel's left to a shock election win yesterday, clearing the way for a nudge to slowmoving Middle East peace talks and warmer ties with Washington. The victory dealt a body blow to
      Reuter  -  539 words
    • Article
      Lock icon Rabin: A hawk offering territorial compromise
      459 3 AFP JERUSALEM Yitzhak Rabin, a 70-year-old former armed forces chief of staff and a hawk offering a territorial compromise with the Arabs, is set to return to the post of Israeli premier that he lost 15 years ago. His political career has focused on
      AFP  -  459 words
    • Article
      Lock icon Arab diplomats cheer Shamir's defeat
      615 3 Reuter CAIRO Arab diplomats welcomed the defeat of Israeli Prime Minister Yitzhak Shamir in Tuesday's elections but reserved judgement on the man who beat him, Labour's Yitzhak Rabin, until after the resumption of slow-moving peace talks. Mr Rabin's surprise win sparked memories of the early
      Reuter  -  615 words
    • Article
      Van Ommeren to build and run depot for Du Pont
      268 3 SINGAPORE Du Pont Singapore Pte Ltd has taken another step in its 10-year plan to make nylon in the region. It has signed a $60 million agreement with a Dutch company, Van Ommeren Tank Terminal (SP) Pte Ltd, under which
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    • Article
      Lock icon US firms must justify exec pay under new SEC plan
      365 3 Part of proposed changes in corporate rules NYT WASHINGTON In a far-reaching effort to make America's companies more accountable to shareholders, the US Securities and Exchange Commission on Tuesday proposed major changes in corporate rules, including a requirement that companies
      NYT  -  365 words
    • Article
      Michelin, Goodyear join rubber exchange as clearing members
      440 3  -  By Quak Hiang Whai SINGAPORE Two giant consumers of rubber have signed up as clearing members of the RAS Commodity Exchange, giving the new exchange a big boost in terms of liquidity. An RAS official confirmed yesterday that they were Michelin and
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    • Article
      Life insurance premiums jump 23pc, further growth expected
      380 3 SINGAPORE The life insurance industry in Singapore saw a 23.2 per cent jump in annual premiums last year as the proportion of Singaporeans covered by life insurance reached 53 per cent, a jump of 6 percentage points. The average Singaporean paid $500
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      Page 3 Advertisements Column 1
      3 3 Editorial, Pg 12
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    • Advertisement
      Page 3 Advertisements Column 2
      47 3 Omega Constellation gold/steel gents' watch with day/date. Scratchresistant sapphire crystal Water-resistant. SwtM made timet IMA. V n A Q It 4 o OMEGA The sign of excellence Sole Agent and Service Centre: SILVAROYAL PTK LTD. 250 North Bridge Road #15-01/02 Raffles City Tower Singapore 0617. Tel: *****62
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  • COMPANY NEWS 1
    • Article
      ASM seeking M$507m through two rights issues
      485 4  -  By Genevieve Cua SINGAPORE Amalgamated Steel Mills is seeking to raise MSSO7 million (*****.8 million) through a one-for-three rights issue of shares and a rights issue of cumulative redeemable preference shares (CRPS). Its adviser, ArabMalaysian Merchant Bank, said in a statement that the
      485 words
    • Article
      Lock icon KL to raise domestic air fares by 15pc to 20pc from July 1
      445 4 MBT KUALA LUMPUR The Malaysian government has agreed to increase domestic air fares by 15 to 20 per cent from July 1. However, the fares of the rural air service operated by the national carrier for flights
      MBT  -  445 words
    • Article
      Intraco ties up with Russians to form trading company
      244 4 SINGAPORE Trading company Intraco Ltd has set up a joint-venture firm to import fertilisers and resources from the Commonwealth of Independent States, while sending back much sought-after consumer goods. The joint venture, Agrosin Pte Ltd, has already applied to the Singapore
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    • Article
      Eltech launching initial public offering today
      278 4 SINGAPORE Eltech Electronics Pte Ltd, which is aiming for a listing on the second board, is launching its initial public offering today. The company, a contract manufacturer for, computer and telecommunications equipment producers, has a paid-up capital of $2 million and reported a net
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    • COMPANY BRIEFS
      • Article
        Tradewinds increases paid-up capital to $4m
        60 4 SINGAPORE Singapore Airlines Ltd (SIA) has informed the Stock Exchange of Singapore that Tradewinds Tours Travel Pte Ltd on June 4 increased its paid-up capital from $2 to $4 million with the allotment of $3,999,998 additional shares to its holding company, Silk Air (Singapore)
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      • Article
        Metro buys retailing company
        58 4 SINGAPORE Metro Holdings Ltd said yesterday that its wholly-owned subsidiary, Metro Pte Ltd, has purchased a fashion retailing company Saga Pte Ltd for $2. The group intends to increase the paid-up of Saga, which was incorporated in February this year, from the existing $2 to $2
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      • Article
        D&C sees M$148m pre-tax profit
        70 4 KUALA LUMPUR Development and Commercial Bank Bhd, which is making a rights issue of 254.25 million shares, has forecast a group consolidated pre-tax profit of M$ 148.6 million (5596.5 million) for the year ending Dec 31, 1992. In its rights issue prospectus released yesterday, D&C
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      • Article
        Asia Pacific Land's earnings up
        76 4 KUALA LUMPUR Hotel operator Asia Pacific Land Bhd yesterday announced a 6 per cent increase in its group pre-tax profits to M$ 12.72 million (558.14 million) for the year ended Jan 31, 1992 from M$ 12.04 million previously. Group turnover increased 8 per cent to
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      • Article
        Inchcape clarifies announcement
        65 4 SINGAPORE Inchcape Bhd has written to the Stock Exchange of Singapore to clarify an error which appeared in an announcement it made on Tuesday. It said yesterday that 30 per cent of the net tangible asset value of Rolex Singapore was about $22 million as at Dec
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      • Article
        Sateras posts 87pc drop in profit
        38 4 KUALA LUMPUR Sateras Resources (Malaysia) Bhd yesterday announced a 87 per cent drop in group pre-tax operating profit to M 564,000 for the year ended March 31, 1992 from M 5495,000 previously.
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    • Article, Illustration
      Malaysia Airlines raises US$170m in offshore funds
      451 4  -  By Dexter Lee SINGAPORE Malaysian Airline System Bhd (MAS) successfully raised US$l7O million (***** million) from offshore banks yesterday, more than enough to make up for a setback in the capital markets earlier this year. In May, Malaysia's national carrier attempted to raise
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    • Article
      Liang Court allocates 48pc of issue to small applicants
      306 4  -  By Magdalene Ng SINGAPORE Liang Court Holdings Ltd, whose new share offer was 62.7 times subscribed, has alloted a generous 48 per cent of its 64.8 million shares to small applicants. A stockbroker said the property group was also fair to
      306 words
    • Article
      Has Hour Glass the time to chew on Milano?
      608 4  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE The marriage between Hour Glass and Milano is incongruous to say the least. On the one hand is this well-run watch and jewellery seller thriving remarkably in the face of a
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    • Article
      French insurer UAP plans to move into S'pore
      366 5  -  Company optimistic about life insurance business in S-E Asia By S N Vasuki SINGAPORE UAP International, the global arm of French insurance firm UAP, plans to venture into the life insurance business in Singapore and South-east Asia. Despite tightening regulatory restrictions on
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    • Article, Illustration
      Lock icon HK stock exchange launches electronic settlement system
      351 5 Reuter HONGKONG Hongkong's stock market launched a new electronic system yesterday to settle share deals, the last major step in its rehabilitation from a series of corruption scandals after the 1987 global crash. The colony's Secretary for Monetary Affairs, David Nendick, pressed a
      Reuter  -  351 words
    • Article
      Lock icon BHP expected to post 40pc profit fall
      344 5 Reuter SYDNEY The days of bil-lion-dollar profits for The Broken Hill Pty Co Ltd (BHP) are over, at least until 1994, as sluggish world markets peg earnings growth, analysts said. BHP watchers expect Australia's biggest company to announce tomorrow a profit fall of
      Reuter  -  344 words
    • Article
      Lock icon Thai Airways' debut likely to be weakened by army crackdown
      616 5 MARKET Reuter BANGKOK The weak tourist industry and tics to disgraced Thai air force chief Kaset Rojananil after last month's political unrest threaten to weaken Thai Airways International Ltd's debut on the Thai stock exchange. Market analysts said on Tuesday
      Reuter  -  616 words
    • Article
      Lock icon TI selling systems and services business to HP
      382 5 Reuter DALLAS Texas Instruments Inc has said that it will sell its computer systems and services business to HewlettPackard Co and concentrate instead on other computer markets where it has a better competitive edge. The company, whose product lines range from computer
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    • Article
      Lock icon Arabic-language TV network buys UPI for US$3.95m
      262 5 Reuter NEW YORK United Press International, which appeared headed for extinction just days ago, was sold for U553.95 million (556.4 million) on Tuesday to an Arabic-language television network that promised to keep the ailing news service alive. The Middle East Broadcasting Centre Ltd
      Reuter  -  262 words
    • Article
      Lock icon Thai Airways may give free tickets to Bangkok
      185 5 AFP BANGKOK Thai Airways International may fly people free to Bangkok one day this year as part of a promotion to revive the nation's badly mauled tourism industry, an airline spokeswoman said yesterday. Thai Airways is considering the free flights as part
      AFP  -  185 words
    • COMPANY BRIEFS
      • Article
        Konica sees recovery in 1992-93 group profit
        101 5 TOKYO Konica Corp, Japan's second biggest photo film maker, forecast group current profit of 8.50 billion yen (S$ 108 million) in the year to April 30, 1993, up from an actual 2.62 billion yen a year ago. The expected sharp profit recovery was
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      • Article
        Nynex signs Thai phone deal
        93 5 BANGKOK The US telephone firm Nynex has signed an agreement with a Thai conglomerate to form a partnership for a two-million-line project in Bangkok, industry sources said yesterday. Construction of the network is to begin next month, with the first line installation to be completed
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      • Article
        Paris names new Bull chairman
        66 5 PARIS The French Cabinet announced on Tuesday that Bernard Pache, chairman of Charbonnages de France, will succeed Francis Lorentz as chairman of state-owned comput-er-maker Groupe Bull. The government said it wanted to ensure management continuity wherever possible and needed to avoid worrying other shareholders at
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      • Article
        O&Y to sell some US buildings
        74 5 TORONTO Canadian real-estate giant Olympia and York (O&Y) is putting a third of its office buildings in the US up for sale to avoid bankruptcy, the Toronto Globe and Mail newspaper said on Tuesday. The move is part of a new restructuring plan for
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      • Article
        Electrolux to buy 10pc of AEG
        86 5 STOCKHOLM Swedish household appliance group Electrolux has agreed in principle to buy 10 per cent of AEG Hausgeraete AG, the household electronics subsidiary of the German AEG group, Electrolux said on Tuesday. Electrolux had an option to take up to 20 per cent of
        86 words
    • Article
      E Java likely to press local firms to list on Surabaya bourse
      270 5 JAKARTA Public companies based in the Indonesian province of East Java are likely to be forced by the local administration to list their shares on the Surabaya Stock Exchange (SSE), the Jakarta Post reported over the weekend. The
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      156 4 I:;: IN THE MARKET PAGES Tokyo sinks below 16,000 24 Singapore stays cautious 18 Seoul hits a new low 25 AUCTION International Auction of U.S. Commercial Real estate The Largest Selection of Prime Commercial Properties Ever Offered This collection of income properties with a total value in excess of $500
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      213 5 THE CERTIFIED DIPLOMA IN ACCOUNTING AND FINANCE The Certified Diploma in Accounting and Finance (CDAF) is a postgraduate level qualification which aims to provide executives from nonaccounting backgrounds with an insight into accounting and finance. Organisations are managed by executives from varied functional backgrounds. Those who are from non-accounting backgrounds
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Astra unit, Jardine CMG in insurance accord
        91 6 JAKARTA Astra Life, a subsidiary company of Indonesia's huge Astra business group set up in 1990, yesterday entered a technical cooperation agreement with Hongkongbased Jardine CMG Life. The agreement, signed by executives of the two companies here yesterday, will provide Astra Life with
        91 words
      • Article
        Weak US banks may face action
        102 6 WASHINGTON The Federal Deposit Insurance Corp on Tuesday proposed new rules that require regulators to take prompt action against weak banks, forcing them to bolster their capital and operating procedures or face closure. The board agreed unanimously to seek 45 days of public comment
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      • Article
        Deutsche considers Spanish listing
        82 6 MADRID Deutsche Bank AG is considering a listing on Spanish bourses next year through its Banco Comercial Transatlantico SA-Bancotrans unit and doubling its 110 offices in Spain over the next five years, a bank official said. According to existing plans, the bank will launch a public
        82 words
      • Article
        Trustee for First American Corp
        68 6 WASHINGTON A federal judge appointed a trustee on Tuesday to handle the sale of First American Corp and sever its ties to the scandal-plagued Bank of Credit and Commerce International. US District Judge Joyce Hens Green appointed former New York state banking superintendent Harry W
        68 words
      • Article
        Bangladesh eases forex rules
        70 6 DHAKA The Bangladesh central bank has relaxed its control of foreign exchange handling by commercial banks, saying the banks would no longer require permission to open letters of credit (LC) and remit savings, dividends or capital gains of foreign nationals or investors. Bangladesh Bank, the central
        70 words
      • Article
        BfG Bank needs 450m marks
        78 6 FRANKFURT BfG Bank AG, the German bank, on Tuesday said it expected to need some 450 million marks (***** million) in new shareholders' funds by 1994 if it was to meet future capital adequacy requirements and achieve 5 per cent growth in its business. "To
        78 words
    • Article
      Thai Danu Bank to seek more fee-based activities
      506 6  -  New law gives banks in Thailand wider operational scope By Loh Hui Yin SINGAPORE The Thai Danu Bank, in which DBS Bank and Tat Lee Bank of Singapore have interests, plans to engage in more feebased activities to capitalise on a new
      506 words
    • Article
      Lock icon UK insurers post record trading loss of £3.3b
      243 6 Reuter LONDON UK insurance companies suffered a record trading loss of £331 billion (Sslo billion) in 1991 compared with a £1.47 billion loss in the previous year. The Association of British Insurers (ABI) in its annual report said the trading loss was
      Reuter  -  243 words
    • Article
      Lock icon Four more arrested in connection with Indian financial fraud
      332 6 Reuter NEW DELHI Four more people were arrested in India's stock and securities scandal on charges of defrauding two banks, investigators said yesterday. Two stockbrokers and two bank officials were arrested late on Tuesday night after the Central Bureau of Investigation
      Reuter  -  332 words
    • Article
      Lock icon Japan's foreign brokers post both huge profits and losses
      243 6 Reuter TOKYO Profits at Japan's top foreign brokerages are reported to have soared in the last fiscal year, but many others are joining the ranks of battered Japanese houses. The Nihon Keizai Shimbun reported on Sunday that foreign brokerages' current profit
      Reuter  -  243 words
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      132 6 if- <[: -< i '§6$ if 1 fe .W® 94 mm S-SB tip 'v; 3 S v« "'> :i. sp"3 iftM mm ■ymM i'ma EKF "e-«l- s "3l iWHB i'wl 'V :f .;i§§§i v £j s^mganm* V ■<:■<• >j> !3 *4 SILVER. AS ENGINEERED BY PARKER. STERLING SILVER FORMS THE
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  • THE REGION
    • Article, Illustration
      Lock icon M'sia's technology drive may be hit by red tape
      333 7 MBT KUALA LUMPUR Malaysia's plans to move rapidly and enhance its own development and upgrade its tech-nology-related industries may be hampered by slow deci-sion-making by some authorities. Despite the federal government's push and stress on science and technology, and the private
      MBT  -  333 words
    • Article
      Lock icon IMF/World Bank team holds talks with Ramos
      235 7 Reuter MANILA A joint team from the International Monetary Fund (IMF) and the World Bank met presidentelect Fidel Ramos yesterday to discuss future borrowing to underpin the economic revival of the Philippines. "I was briefed about the programmes in the pipeline," Mr Ramos
      Reuter  -  235 words
    • Article
      Lock icon Japan set to send troops to Cambodia in November: report
      164 7 AFP TOKYO Japan is preparing to send soldiers to Cambodia as part of United Nations peacekeeping operations in November at the earliest, government sources were quoted as saying by the Mainichi Daily News yesterday. The sources said the troops would
      AFP  -  164 words
    • NOTE BOOK
      • Article
        New South Wales premier resigns
        76 7 SYDNEY The premier of the only non-Labor government in mainland Australia, Nick Greiner of New South Wales, announced his resignation yesterday after a tribunal last week found him to have behaved corruptly. His resignation ended a five-day political crisis which Mr Greiner said could have
        76 words
      • Article
        Aussie recovery slower than hoped
        54 7 SYDNEY Australia's economic recovery is patchy and slower than hoped, Reserve (central) Bank governor Bernie Fraser said yesterday. Mr Fraser told an Australian Institute of Bankers meeting in the north-eastern city of Townsville that the central bank's priority was to keep inflation low and secure
        54 words
      • Article
        NZ urged to revive alliances
        60 7 WELLINGTON New Zealand should revive its securitv alliances in the face of a military build-up in South-east Asia along with Korean, Japanese and Russian problems, Foreign Minister Don McKinnon said yesterday. While New Zealand took part in the political dialogue of the Asia-Pacific region, it
        60 words
      • Article
        Opposition rejects Myanmar talks
        70 7 BANGKOK Myanmar's opposition alliance yesterday rejected as a "complete sham" discussions between the military regime and some opposition politicians on forming a national convention to draft a new Constitution. "Only a genuine democratic government of representatives having a mandate from the people has the legal right
        70 words
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      1266 7 Strong support for LDP but not Miyazawa, Pg 10 1991 Swiss Bank Corporation in facts and figures Swiss Bank Corporation in 1991 Overall, the parent bank generated Sfr. 2.2 billion in cash flow, a rise of 54.7%. Net profit at Sfr. 755.2 million was not only 8.4% higher than in
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  • Article, Illustration
    Sherry launches BITS
    1602 8 Business Integrated/Total Solutions YOUR BUSINESS need not grow bit by bit. In fact it can easily grow by leaps and bounds. AJI you need is BITS or Business Integrated Total Solutions. BITS is Sherry Computer Technology's one-stop venue for systems solutions to small and medium-sized enterprises (SMEs)
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  • THE WORLD
    • WORLD WATCH
      • Article
        UK to push for early enlargement of EC
        126 10 LONDON Britain is set to push for early moves towards the enlargement of the European Community at the EC summit in Lisbon this weekend in spite of the Danish "no" vote on the Maastricht union treaty. Britain, which takes over the EC
        126 words
      • Article
        No more changes, EC tells US
        80 10 BRUSSELS The European Community will not change its farm reform any further to suit the US, European Farm Commissioner Ray MacSharry told US Farm Bureau President Dean Klechner on Tuesday. "We're not reforming reform," a commission official quoted Mr MacSharry as saying. He said
        80 words
      • Article
        Nafta may not include Canada
        106 10 WASHINGTON Canada has some big problems in free trade talks with Mexico and the US and could be left out of the North American Free Trade Agreement now being negotiated, US congressman Jim Kolbe said on Monday. A leading lawmaker in trade matters, he said
        106 words
      • Article
        Proposal for zone tax in US
        98 10 WASHINGTON House Ways and Means Committee chairman Dan Rostenkowski has proposed a five-year, US$2.5 billion (Ss4 billion) "enterprise zones" package as part of a larger tax bill. President George Bush has championed tax breaks within special designated poverty zones as a way of helping
        98 words
    • Article
      Lock icon Polls show strong support for LDP but not Miyazawa
      363 10 Reuter TOKYO There was good news and bad news for Japanese Prime Minister Kiichi Miyazawa ahead of national elections next month, according to three opinion polls released yesterday. A survey in the daily Mainichi Shimbun showed support for the Miyazawa government
      Reuter  -  363 words
    • Article
      Lock icon US presence in China growing, says HK survey
      295 10 Open-door policies and untapped domestic market drawing Americans AP HONGKONG US companies are establishing a stronger foothold in China because of the open-door policies in southern provinces and the largely untapped Chinese domestic market, a survey released on Wednesday concluded. But many
      AP  -  295 words
    • Article
      Lock icon Taipei-Beijing official links likely in 2 years
      344 10 Major Taiwanese firms pressuring Nationalist government AFP HONGKONG Booming indirect trade between Taiwan and China could prod Taipei to resume official contacts with the mainland within two years, Chinese sources said yesterday. Taiwan's major companies such as Formosa Plastics are believed to be
      AFP  -  344 words
    • Article, Illustration
      Lock icon EC quietly removing barriers despite Maastricht Treaty row
      573 10 Reuter BRUSSELS While debate rages over the Maastricht Treaty, the European Community is quietly advancing towards its goal of becoming a barrier-free single market by the end of the year. When EC leaders meet in Lisbon this week, they will review progress
      Reuter  -  573 words
    • Article, Illustration
      Lock icon Beijing rejects British warning not to meddle in colony's affairs
      364 10 Reuter BEIJING China has rejected Britain's warning not to meddle in Hongkong affairs, saying yesterday that Beijing had both the right and the responsibility to make its positions on the territory known. A Foreign Ministry statement defended Guo Fengmin, its
      Reuter  -  364 words
    • Article
      Lock icon Rest of world may suffer from EC integration: study
      418 10 AFP SEOUL The European economies will significantly benefit from the integration of the European Community (EC) but the rest of the world may suffer minor adverse effects, said a study released here. Douglas Nyhus, an economics professor at the University of
      AFP  -  418 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      34 10 It costs so LITTLE to know so "W much %si§i ;&>' >< I0V: about your day Call the SPH INFOLINE on 740-2222 for your daily horoscopes, 24 hours a day. JT Singapore Pr—9 Holding* AUDIOTEX SERVICE
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      Page 10 Advertisements Column 2
      34 10 Consultants KSBB 6^' OFFERS German for the Business Minded Elementary Advanced German Company Courses Conducted In Your Premises, Translation, Private Tuition For further details please contact (During Office Hours) Tel: *****40 (Approved By MOE)
      34 words
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      Page 10 Advertisements Column 3
      212 10 A more relaxed grip on the reins, Pg 12 The Bottom Line, Back Pg A One Day Seminar By Dr. Susan I Aldington HOWTOHAVEA SMARTER BABY r v s> 5 imag«^ aVv0 Seminar Speaker The seminar is about infant stimulation, which is a form of play that develops a baby's
      212 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      150 11 If They Y<\ixje You, Why Hmen't They Given You A Volvo? A Volvo is a valued asset. So too are the people who drive them. If you have proved your value, why haven't they given you one? ConsiderVolvo's impeccable reputation for safety and performance on the road and in the
      150 words
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  • Article
    A vote for peace
    456 12 EDITORIAL THE stunning upset win by Yitzhak Rabin's opposition Labour Party in the Israeli elections was unquestionably a vote for peace by a populace grown weary by a history of conflict with Arab neighbours. In the 70-year-old war hero, Israelis saw a man who could move
    456 words
  • WHAT THE OTHERS SAY
    • Article
      Breaking up in haste
      271 12 SO NEXT it is Czechoslovakia. Students of the evolution of nation states would have noted a systemic connection between the removal of Moscow's iron grip and the dismemberment of countries that used to be coloured red. Boris Yeltsin told his American hosts last week recall what
      271 words
    • Article
      Ensuring peace
      108 12 THE pledge of 1.4 billion in aid to rebuild Cambodia is a very significant move that gives hope to the nation wrecked by war. The generous assistance pledged in the international conference in Tokyo attended by 33 nations is far exceeding the earlier expectation. The assistance reflects the
      108 words
    • Article
      An uphill task for Ramos
      128 12 AFTER six weeks of vote counting, the Philippine Congress finally proclaimed Fidel Ramos president elect. However, Gen Ramos' presidency is fraught with many difficulties. He has taken over a hot potato; the complexities and failings in the political, economic, even the whole social system may
      128 words
  • REGIONAL VIEWPOINTS
    • Article
      Further destabilisation
      163 12 THE decision reached by Slovak nationalist leader Vladimir Meciar and Czech conservative Vaclav Klaus might have left many Eastern Europe observers asking: "Are there reasons other than those announced for the split, and will their agreement take the Czechs and Slavs to a better future?" A "velvet divorce"
      163 words
    • Article
      Being prepared at all times
      154 12 THE potential danger that lurks around Malaysian waters, in the form of tankers carrying oil or highly inflammable chemicals, is a reality that has been brought home once again, this time with the blaze on a tanker and at facilities at the Shell jetty in
      154 words
    • Article
      Peace must prevail
      195 12 PRESIDENT FW de Klerk of South Africa has been so sure-footed in leading his country out of international isolation and ignominy that at times it has been possible to lose sight of the difficulty of his goal of ending apartheid. The Pretoria regime has for decades been
      195 words
  • Article, Illustration
    Lock icon A more relaxed grip on the reins
    1107 12  -  The imbalances underlying the Chinese economy will not allow it to grow healthily for long unless comprehensive reform is taken further. Alexander Nicoll reports. Alexander Nicoll FT CHINA'S economy has an alarming propensity to boom and then bust. Twice in the 1980s, the
    FT  -  1,107 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      52 12 BY GARRY TRUDEAU POLKS THE AMTITO6AGCO LOB&f Keeps TALKING ABOUT T>€ COST INUVBS... BUT UHATABOUT THt LIVBS OF PBOnSHJHOP&eNPON 70BACCO? WHAT ABOUT TUB SMfIUFARfW rams.' Af&THEY JUST ySSZi SMALL CMAHee SMALL POTATOES* daci MOOO' WHAT ABOUT T>€ SMALL HUGHS SMHLQAUGHnSK* WHATABOUT THtSMAU FMJWS &G LOAN FfiOMTHB SMALL BANKZR*^J SAP BA*'
      52 words
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  • ANALYSIS
    • Article
      Lock icon Cooperation rather than confrontation
      1058 13  -  There is growing criticism in the US of the Japanese way of doing business and of Tokyo's trade and industrial policies while the Japanese, for their part, are fed up with the feeling that they are being made the scapegoat for America's own economic failings. Stephen
      IHT  -  1,058 words
    • Article, Illustration
      Journey's end
      1068 13  -  Businessmen of Indian origin have succeeded in South Africa in spite of a rather unfriendly environment. Salil Tripathi, who was in Durban recently, talks with a few of the prominent businessmen there. Salil Tripathi KANTIBHAI Mehta was looking for an electronics engineer for his state-of-the-art Universal Printing Works.
      1,068 words
    • Article, Illustration
      Lock icon The higher the profile, the higher the risk
      617 13  -  Corporations in the United States are calling on security consultants and taking steps to prevent the abduction of their senior staff. Seth Faison reports. Seth Faison NYT IT SEEMED a harmless enough adornment: a personalised licence plate with three letters to identify
      NYT  -  617 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      922 14 M Nothing Beats A Bud. OF BUD LIGHT WHERE TO WINE, DINE \C,Cr Ce Good news for oil ice-cream lovers! Our lovely HaagenDazs creations are rhe honest offer this June. Get real cool and enjoy a 15% discount off rhe icecream menu. From 1-28 June only. School Holidoy Special 15%
      922 words
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      Page 14 Advertisements Column 2
      359 14 I-ocal Tea Time delights al Chatterbox every Friday, Saturday and Sunday 3 pm to 5.30 pm $14.50+ per person $8.50 per child (below 10 yre) Mezzarw* Sumptuous Continental Afternoon Tea spread at Mezzanine lounge. Daily. 3 pm to 6 pm. $16.00 per person $10.00 per child (below 10 yrs) 1)1
      359 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      724 14 TELEVISION AND RADIO Munch-able treat OUR CHOICE Munchies, 10.30pm, SBC 5 1987 comedy that is almost entirely similiar to Gremlins, except the Mogwais were a lot cuter. Here, aliens from outer space that multiply when they are chopped up get brought back to America where they wreak havoc and strike
      724 words
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  • LIFESTYLE
    • Article, Illustration
      Primeval rhythms
      592 15  -  Singapore Festival of Arts 1992 Ladysmith Black Mambazo has brought the elemental sounds of Africa to Singapore for the Festival. Nirmal Ghosh reviews Nirmal Ghosh WITH a resonance and rhythm that shook the Singapore Conference Hall, a capella Zulu group Ladysmith Black Mambazo swept the audience off their
      592 words
    • Article, Illustration
      Revolution re-lived
      671 15  -  Jaime Ee gives her verdict on Pan Asian Repertory Theatre's play Jaime Ee AT THE outset, Letters to a Student Revolutionary veered dangerously towards being an embarrassing tribute to the concept of American democracy. After all, the Tiananmen Squre massacre would have been the perfect device to plug
      671 words
    • Article
      Room that's not fit for a king-to-be
      431 15 CHATTERBOX SOME Cambridge, Massachusetts, residents are upset that the Crown Prince of Denmark, Frederik Henrik Christian, will be living in a rent-controlled apartment when he attends Harvard University in the fall. The 23-year-old future king will be taking residence in a Harvard-owned, threebedroom,
      431 words
    • Article, Illustration
      One four all, and all four one
      393 15  -  Cheryl Liew talks to the strumming troubadors of the Los Angeles Guitar Quartet Cheryl Liew THE GUITAR has been described as the most intimate instrument there is, but when legendary classical guitarist Andre Segovia first began performing in the *****, he was ridiculed
      393 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      310 15 AND ENTERTAIN s^r ftfil Spoilt for Choice Xir buffets feature a wide selection of delectable appetisers, soup, main courses and luscious desserts. Available for lunch and dinner. Featuring on: Mondays Tuesdays Wednesdays Thursdays Fridays Saturdays Morsels from the West Favourites from the Wok Malaysian Rice and Spice Going Italian! Seafood
      310 words
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      Page 15 Advertisements Column 2
      152 15 It's a sign of good taste. V hen you see this sign you can expect the W best because only restaurants which meet the highest standards of beef cuisine receive it. YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: JACK'S PLACE STEAK HOL'SES (733-1211) THE COMPASS ROSE ft THE
      152 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Tag Heuer confident of demand for new range
      512 16  -  Hong I ah? Tiam finds out why the upmarket watch maker isn't worried about the slump in demand for luxury goods Hong Lee Tiam Real men don't worry about recessions. Which is why upmarket watch maker Tag Heuer is confident that its
      512 words
    • Article, Illustration
      F-HSA aims to carve niche in PR
      416 16 A NAME like Fleish-man-Hillard Scotchbrook Asia (F-HSA) may not hold much local flavour, but specialised knowledge of the Singapore business is one of the assets offered by the new public relations firm set up earlier this month. The company is a joint venture
      416 words
    • Article, Illustration
      First to the booterie, then to school
      565 16  -  Hong Lee Tiam Hong Lee Tiam sizes up a new brand of upmarket children's shoes GONE, it seems, are the days when shoes were just something to walk about in. Any marketing man will tell you that people can tell a lot about
      565 words
    • Article
      Lock icon Altima-tely, cars must be named
      397 16 NYT WITHIN MONTHS, Nissan Motor Co will roll out a replacement for its slow-selling Stanza compact with the ambitious goal of winning over car shoppers inclined toward Honda Motor Co's popular Accord and Toyota Motor* Corp's Camry. Nissan faced an equally daunting challenge in 1987
      NYT  -  397 words
    • Article
      Lock icon Pretty provocative
      765 16  -  Deirdre Carmody discusses Glamour magazine's success formula Deirdre Carmody NYT WHEN Glamour won the 1992 National Magazine Award for public interest for two articles on teenage pregnancy and abortion, a tall, elegant woman threaded her way through the audience to accept it. "It is a special thrill," she
      NYT  -  765 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      423 16 CHO HUNG BANK (INCORPORATED IN THE REPUBLIC OF KOREA) CONSOLIDATED BALANCE SHEET December 31,1991 and 1990 1991 1990 (M*ons of Won) BOARD OF DIRECTORS AND STANDING AUDITOR Executive Directors Oong *on Lee T a Doo fcc Cfmn Hut tee CMpMdk Wn Kyoon Sup LM Man O Pad Dong *ng Kim
      423 words
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  • SPORTS
    • Article, Illustration
      Lock icon Whipping boy gets chance to prove himself
      639 17 Wimbledon NYT, AP WIMBLEDON Jeremy Bates has spent a decade as Britain's foremost hope and, not so coincidentally, as Britain's resident tennis whipping boy. He's been required to do perpetual public penance for having never won a major singles title, not to mention
      NYT,; AP  -  639 words
    • SIDE LINES
      • Article
        Twenty S'pore amateurs qualify for Volvo Open
        116 17 SINGAPORE Twenty amateur golfers have qualified for the next step of the Volvo Amateur Open Golf Championship, to be held in Malaysia. Following two days of competition which ended yesterday at the Raffles Country Club's Palm Course, the 20 emerged from a field
        116 words
      • Article
        Reynolds clocks best 400m times
        105 17 NEW ORLEANS, Louisiana Banned world record holder Butch Reynolds ran the fastest 400 m times in both the first and second round heats at the US Olympic selection trials on Tuesday. He followed up his afternoon time of 44.58 sees with an apparently easy 44.68
        105 words
      • Article
        Patterson takes WBC title
        49 17 ALBANY, New York Tracy Harris Patterson stopped Thierry Jacob in the second round on Tuesday to take the WBC super bantamweight championship away from the Frenchman. The victory made Patterson and his father, two-time heavyweight champ Floyd Patterson, the first fa-ther-son team to win championships.
        49 words
      • Article
        China in bid to host Olympics
        104 17 BEIJING Officials are offering cash bonuses for people who learn a foreign language as part of efforts to improve Beijing's chances of hosting the 2000 Summer Olympics, an official report said yesterday. The China Daily said the municipal government began the foreign language campaign
        104 words
      • Article
        KL to protest over alleged offer
        104 17 KUALA LUMPUR Malaysia yesterday said it will protest to the Commonwealth Games Federation (CGF) over what Kuala Lumpur says is an unusual cash offer by the Australian city of Adelaide in its bid to host the 1998 Commonwealth Games. Malaysian officials said at the
        104 words
      • Article
        Whitbread rivals to swop details
        91 17 AUCKLAND Two leading competitors in next year's Whitbread round-the-world yacht race will shortly swop details of the boats they will use so their battle is even, New Zealand skipper Grant Dalton said here yesterday. "If we have the same boat, we believe we are good
        91 words
    • Article, Illustration
      Lock icon British rower eyeing golden hattrick
      383 17 Reuter LONDON Steve Redgrave may soon be Britain's most successful modern Olympian but, for most of his compatriots, he is something of a mystery man. Even to those who know about rowing, he and coxless pairs teammate Mathew Pinsent are the odd couple. How else
      Reuter  -  383 words
    • Article, Illustration
      Hollywood heavyweight wins with KO
      41 17 TOKYO US movie star and pro-boxer Mickey Rourke (right) sending a left against compatriot Darrell Miller in the first round of their super-middleweight bout on Tuesday. He knocked Miller out in two min and eight sees.
      41 words
    • Article
      Lock icon Morocco aiming to host World Cup '98
      445 17 Reuter RABAT, Morocco Morocco believes it is ready to take the World Cup to Africa for the first time in 1998. Having missed out on the 1994 finals to the US, a nation devoid of any serious soccer history, Morocco doubled its efforts
      Reuter  -  445 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      199 17 PERSONAL INVESTING FINANCE SUPPLEMENT <92 A Special Business Times Survey July 83,1992 The alternatives to low-yielding bank deposits 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 sire not even enough to
      199 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors continue to stay away as Nikkei falls
      858 18  -  By Sylvia Wong ALMOST like a self-fulfilling prophecy, local market players' fears of another dive in the Tokyo market came true yesterday as the Nikkei sank below the 16,000 mark again. The effect on Singapore was a marginal fall in the benchmark
      858 words
    • Article, Illustration
      Lock icon HOT STOCK
      68 18  -  By Quak Hiang Whai Comment UNITED Engineers touched the $2 resistance three times this year and broke through it on the fourth attempt this month. A decisive break above $2.20 could signal a still higher jump, possibly to $2.60. If not, a pullback is expected, with support at
      SOURCE: BRIDGE INFO  -  68 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    185 19 I CPCWn All shares quoted have a par value of $1 and traded tn lots of 1.000 shares P/E ratio Reflect last annual consolidated results Foreign shares P/Es are ad|usted for LLULIIU each unless otherwise specified currency differences ABN shares quoted in dollars Gr Y'ld
    185 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      41 19 r J Master Card. L. M THE MASTER Ai s (I iSlfc VH 4 V' t j 9Mllion esti am ■:h 1\ fe y >»■»• -trf L\ 1 m«Ktja r*V A.. Jt It HI ITjx: JU ~zA ■tmdMi A v ,sflb -k.-
      41 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    92 20 rprun Al shares quoted ha* a par value o» J1 and traded m lots ot 1.000 shares each P/E ratoo Hefcet test nwal cmmtt&A FwF P/^s V JU Fowgn shares adjusted (or currency deferences stocks, other than that pwn above was not a«Hat* Marew state
    92 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      37 20 And talks about the Four Singapore Superstars w ho have succeeded him as he prepares lor his two concerts here on Friday and Saturday. Today. At lunchtime. The Alan Tam Interview M W M W S. W
      37 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close mixed, weakened by Tokyo's fall
      506 21 Bernama CAUTIOUS SELLING yesterday afternoon pared earlier gains and share prices in Kuala Lumpur were seen spiralling downwards to a mixed close. The upturn on the local bourse was cut short when the Tokyo market, which had moved on firm ground in the
      Bernama  -  506 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      2 22
      2 words
    • Article
      PRELIMINARY RESULTS
      2 22
      2 words
    • Article
      INTERIM RESULTS
      75 22 Figures in brackets are for the previous corresponding period L: Loss, Tfc Tax Exempted. N: Net NU: Not Yet Available. Adjusted for scrip issues, (b): In million Dutch, Ftonns. (c): ProM after tax, (i): In mriton HKJ, Company's profit, (f): **on rn.nor.ty .nterests, (ta): Includes 4% bonus div,
      75 words
    • Article
      DIVIDENDS ANNOUNCED
      134 22 Al shares quoted haw a par value of $1 unless otherwise specified; NYA Not Yet AvadaMe. M Interest I Menm. N Net TE Tax Exempt S Special (tortend, (a) Adpsted tor scnp issue, (b) First and Final; (c) Includes 4% speed divxtend, (d) Includes 6* special dmdend; (e)
      134 words
    • Article
      APPROVED ISSUES
      2 22
      2 words
    • Article
      CORPORATE DEVELOPMENTS
      220 22 Jun 22 GP Batteries has acquired a European battery making plant for Ss6 4 million from Danish GN Great Nordic to expand its alkaline battery production facility. The acquisition makes it one of the world's largest independent suppliers of 9 volt alkaline batteries. Lion Land Bhd is buying
      220 words
    • Article
      COMPANY MEETINGS
      138 22 Khonf Guan Hoidncs Malaysia Bhd: 22nd AGM at the Malacca Room, Lower Lobby, Shangri-La Hotel Kuala Lumpur, 11 Jalan Sultan Ismail, ***** Kuala Lumpur, on Thursday, June 25, at 12.00 noon George Kent (Malaysia) Bhd: 41st AGM at the Registered Office, No 2, Lorong 19/ A ***** Petaling
      138 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      54 22 Mam an prica traatfi aa Mm wtfi auiar stock awitati at cafcaiata* fey Margaa ttaalay Capital tttraaOaaai PiiDatti, twm Meat earta* «Wi a an tafcaa fcaai a baaa aflM at al IMS Tfca atkar Mtoaa an tafcaa Iraai a kaaa af 1M at Copyright© 1991
      54 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 22 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end mixed amid speculation in small-cap issues
      165 23 Reuter SHARE PRICES in the Bangkok stock market ended mixed yesterday in active Hading, with investors speculating on small-capitalisation stocks, brokers said. The SET Index ended 2.45 points higher at 754.75 on a turnover of 7.37 billion baht. Advances led declines 111
      Reuter; Source: Bridge Info  -  165 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices ease on profit-taking in light trading
      103 23 JAKARTA stocks closed easier yesterday in fairly quiet trade which was dominated by profit-taking. The official index fell 3.34 points to 322.52 on turnover of 5.19 million shares. i "Foreign interest seems to be easing and the price trend look uncertain. This has
      Source: Bridge Info  -  103 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      7 23 Advertising Marketing in Business Times every Thursday
      7 words
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      Page 23 Advertisements Column 2
      99 23 onagers ust anage BT shows you how every Monday. FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS ob- 3 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
      99 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index back below 16,000 at 68-month low
      239 24 Reuter TOKYO stocks gave up morning gains to close sharply down yesterday. The Nikkei Average fell back below 16,000 to a 68-month low, losing 253.32 points to 15,853.67. Program and dealer selling hit prices as investors retreated to the sidelines in the absence
      Reuter  -  239 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Follow-through buying pushes shares up
      255 24 Reuter HONGKONG shares closed firmer yesterday on followthrough buying which alternated with profit-taking in active trading, brokers said. The blue-chip Hang Seng Index rose 67.35 points to finish at 5,965.21. It jumped about 90 points, to a day's high of 5,987.91, before prof-it-taking at noon
      Reuter  -  255 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close slightly firmer in brisk trade
      266 25 Reuter AUSTRALIAN shares closed slightly firmer yesterday, spurred by a firm futures market but the performance of individual shares varied markedly, brokers said. The All Ordinaries index closed 3.7 points up at 1,647.6, dragged off its highs by a downturn in the Nikkei
      Reuter; Source: Bridge Info  -  266 words
  • REGIONAL STOCK MARKETS
    • Seoul share prices plunge to new low
      • Article
        SEOUL
        164 25 SEOUL STOCKS plunged again yesterday to close at their lowest point since President Roh Tae Woo took office in February 1988 as investors, including institutions, remained on the sidelines, brokers said. The Composite Stock Index fell 8.00 points to 551.99. The previous 1992 low was 558.32 on Monday. "Rumours
        164 words
      • Article
        TAIPEI
        191 25 SHARES reversed early gains yesterday to finish lower across the board as prof-it-taking above the 4,700-point level was heavy. Brokers said trade was dominated by short-term speculation and the market was expected to remain volatile in the coming days. The weighted index ended 35.40 points lower at 4,655.08. Turnover
        191 words
      • Article
        NEW ZEALAND
        186 25 BUYERS took heart from stronger overseas bourses in busy trade to take the market 1.09 per cent higher at the close. The NZSE-40 Capital Index closed 16.55 points higher at 1,532.90. Turnover in Brierley Investments with 18.9 million units traded made up over half the day's volume. Brokers
        186 words
      • Article
        BOMBAY
        155 25 BROKERS continued their boycott of trading for the seventh straight on Tuesday, awaiting the clearing of shares sold by a top broker, whose assets, including shares, have been frozen. Bombay Stock Exchange president G B Desai and executive director M R Mayya left for New Delhi for talks with
        155 words
      • Article
        Untitled
        0 25
        0 words
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  • WORLD STOCK MARKETS
    • Stocks on Wall St stage mild rebound
      • Article
        Untitled
        10 26 ex-dividend t not authorised in Hongkong Source: Z-Landerbank Bank Austria
        10 words
      • Article, Illustration
        NEW YORK
        460 26 NEW YORK stocks closed with modest gains in moderate trading on Tuesday, extending Monday's late recovery amid a respite from recent sharp losses in Tokyo and other overseas markets. The Dow Jones Industrial Average, which slipped 4.55 points on Monday, rebounded 4.82 points to 3,285.62. Among the broad
        460 words
      • Article, Illustration
        LONDON
        267 26 SHARES closed up on Tuesday after early falls, bouncing back up off their lows on technical factors and on firmer sentiment on Wall Street. At the close, the Footsie Index of 100 leading shares was up 10.3 points from its Monday close to 2,560.6. The FT-30 Index closed up
        267 words
      • Article
        FRANKFURT
        92 26 SHARE PRICES closed little changed on Tuesday and the DAX Index ended at 1,771.14 points compared with 1,770.64 points on Monday, and the Commerzbank Index at 1,992.80 against 1,990.7. In a featureless market, traders continued to wait cautiously for news that might define a trend. Hoesch fell 15.50 marks
        92 words
      • Article
        AMSTERDAM
        97 26 SHORT COVERING and foreign bourses helped Dutch shares to a higher close on Tuesday after the market had started off on a slightly easier note because of dollar weakness. The EOE Index finished up 1.78 points at 306.28 after slipping 3.19 on Monday. Among a handful of featured stocks
        97 words
      • Article
        PARIS
        95 26 FRENCH share prices ended the monthly account on Tuesday slightly higher in what dealers called a technical recovery from Monday's steep sell-off. The CAC-40 Index ended 10.03 points higher at 1,895.80. But over the month, rattled by doubts over the strength of the economic recovery and the fate of
        95 words
      • Article
        MILAN
        121 26 ITALIAN share prices drifted on Tuesday as the market awaited news of just how broad a governing coalition prime minister-designate Giuliano Amato would be able to put together. Fresh technical problems with the Telematic system also dampened interest. The allshare MIB Index closed 0.21 per cent down at 932
        121 words
      • Article
        ZURICH
        140 26 SWISS SHARES ended a slow Tuesday session slightly higher. Dealers attributed the marginal price rises to a techni- cal recovery after Monday's fall of more than one per cent. The SPI Index rose 2.9 points to 1,169.3 and the SMI Index of leading shares firmed 3.7 to 1,850.6. "Volume
        140 words
      • Article
        STOCKHOLM
        84 26 SHARE PRICES on the Stockholm bourse eased lower in unsettled trade on Tuesday, looking for direction after Japan and other foreign markets showed more stability. The bourse General Index fell 0.27 per cent to 911.96 in light trade of 223 million kronor. "As long as nothing happens abroad, the
        84 words
      • Article
        BRUSSELS
        99 26 BELGIAN STOCKS closed mixed on Tuesday, the Bel-20 Index virtually unchanged. after a large group of shares fell after going ex-dividend and a few others rose weakly. The Bel-20 Index ended up 1.03 points at 1,173.48. Turnover was a weak 617 million francs, dealers said. While popular retail stock
        99 words
      • Article
        JOHANNESBURG
        217 26 SHARES ended mixed in steady trade on Tuesday as the market stabilised after Monday's sharp mark down, dealers said. Investors optimistic about the African National Congress' return to democracy talks came back to the market to pick up shares at the lower levels. But profit-taking curbed gains and saw
        217 words
      • Article
        TORONTO
        162 26 STOCKS drifted off from midday gains to end flat after a dull Tuesday session, dealers said. They said there was little corporate news or economic data to sway the market. The TSE 300 Composite Index closed up 2.4 points at 3,343.0. Declines led advances 294 to 276 on volume
        162 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Speculative mark buying sends US dollar lower in Tokyo
      1237 27 REPORTS THE US DOLLAR ended lower in Tokyo yesterday on speculative mark buying triggered by technical factors. The dollar's fall was encouraged by reports President George Bush urged the Federal Reserve on Tuesday to lower interest rates further. Operators tested major
      1,237 words
    • Article
      INTERBANK FOREX RATES
      43 27 Source: UOB Source: Astley Pearce OCBC Exchange Rate Index June 24 The OCBC trade-weighted index for the Singapore dollar was unchanged from yesterday at 136.05. The index is calculated against the currencies of Singapore's top 12 trading partners. Source: OCBC
      43 words
    • Article
      MONEY MARKET
      39 27 Rates quoted by Astley Pearce Rales quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore entral hank discount rates Average of 12 banks; Float Source: National Westminster Bank Source: National Westminster Bank
      39 words
    • Article
      Lock icon Russia forced to drive rouble rate down
      392 27 Reuter MOSCOW Russia's central bank lowered its fixed "market rate" for the battered rouble on Tuesday, bowing to market pressures after banks drove the currency down. The change, outlined in central bank figures quoted by the Izvestia newspaper, values one rouble at one
      Reuter  -  392 words
    • Article
      FINANCIAL FUTURES
      42 27 Note: Open interest and actual volume arc for previous day trading. Source: Singapore International Monetary Exchange Grand total (calls puts) est voJ 1,872, act vol 1,701, open int 17,278 Note: Open interest and actual volume are for previous day trading.
      42 words
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  • COMMODITIES
    • Article
      Lock icon Comex seeking approval to list jet fuel futures
      353 28 Reuter NEW YORK In what observers called another bid to boost trading volume, Commodity Exchange Inc has applied to list jet fuel futures. That marked the fourth new-contract proposal this year for Comex, which saw its volume drop nearly 30 per cent
      Reuter  -  353 words
    • Article
      Lock icon Uganda hopes to reap higher profits from new hybrid of coffee
      278 28 Reuter KAMPALA, Uganda Uganda, Africa's second largest coffee exporter, is hoping to reap more cash from a hardy, high-yielding hybrid that slashes production costs. "Despite efforts to diversify the economy towards nontraditional exports, this country cannot do without coffee,"
      Reuter  -  278 words
    • Article
      M'sian tin rebounds on renewed overseas demand
      729 28 REPORTS THE TIN PRICE in Kuala Lumpur rebounded but closed off the day's high yesterday at M$ 16.65 a kg, up five cents from Tuesday on renewed overseas demand and a lower LME stock data, traders said. The price had peaked at a
      729 words
  • Article
    PRICES
    5 28 Source: Telerate Source: UOB
    5 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      958 28 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 OF NOBLE FORWARDERS PTE ITD (IN MEMBERS' VOLUNTARY WINDING LP) At an Extraordinary General Meeting of NOBLE FORWAR DERS PTE LTD duly convened and held
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1246 29 City Flight HA Flight ETD SQ103 0950 MH670 0950 MH605 1020 SQ106 1045 SQ105 1050 SQ108 1145 MH642 1220 MH641 1315 SQI07 1305 MH610 1410 SQ109 1405 SQ1I0 1445 MH609 1450 MM6I2 1540 MH611 1605 SQ1I2 1545 MH613 1625 MH63I 1610 SQ 111 1705 SQ114 1700
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  • THE TRAVEL PAGE
  • Page 29 Advertisements
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      46 29 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. £/=//W\tß/R We Know Europe from Mart to Famish.
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      28 29 Clerical Jobs, Secretarial Jobs, Sales Jobs, Admin Jobs and other jobs Check it out in The New Paper Fostads. Get your copy today! in The Employment Classified Section
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      Page 29 Advertisements Column 3
      580 29 BUSINESS TIME NOTICES Toll free Tel No: 737 0043 Fax No: 734 3698 THE COMPANIES ACT, CHAPTER 50 ELIKA FURNISHING PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company held at 16 Kranji Loop. Singapore 2573 on 7th June 1992 the following special resolutions were passed:i)
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      Page 29 Advertisements Column 4
      388 29 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF KIM TECK HONG TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION At an Exvaordmary General Meeting of the members of KM TECK HONG TRADING PTE LTD duly held and convened at 1113. Geytang Behru •01-01,
      388 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      300 29 CRYPTIC CROSSWORD ACROSS 6 Elegant Lady Stanhope is to be found in Sussex (10) 8 Vehemently upbraid Billy (2,2) 9 Situation is poor for picturesque German spa (6,3) 11 Appeal to Turk and do what he says (4) 12 Piece of earth upset computer filing system (3) 13 Persistently request
      300 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      165 29 WEATHER Singapore Outlook: Showers over many areas in the late morning and early afternoon. Report Maximum temperature 32.3 Assoc humidity 66% Minimum temperature 25.4 Assoc humidity 93% Hours of sunshine 8.05 Rainfall in mm 142 Rainfall this month 148.4 Rainy days this month 14 World report Asia-Pacific Hi/Lo* Cond. Auckland
      165 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      32 29 STOP &OSSIPNG hND ON UMTH yoon WORK rar-' .~n (Tf\<e NO Y IT S ne(?€i-Y p, cf?y fo*) V V NOTlO&-- ;JV p TreNT o>4 &707 c ASSOCIATED NEWSPAPERS LTD., 'D 9
      32 words
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  • Article, Illustration
    Lock icon ANC cancels democracy talks with S Africa govt
    495 30 Reuter, AFP JOHANNESBURG Nelson Mandela's African National Congress pulled out of democracy talks with the South African government on Tuesday, accusing it of waging a terror campaign against blacks. Following the announcement, South Africa's Cabinet was scheduled to meet in crisis session
    Reuter,; AFP  -  495 words
  • Article
    Lock icon China's GNP will grow 9pc this year: Li Peng
    382 30 Reuter BEIJING China's conservative Premier Li Peng, who this year urged caution over economic growth, has said gross national product (GNP) is likely to exceed the government's target and hit 9 per cent this year. "This year, GNP growth was originally
    Reuter  -  382 words
  • Article
    Lock icon Beijing joining copyright conventions to boost Gatt hopes
    236 30 Reuter BEIJING China said yesterday that it would join two international copyright conventions and amend its patent law to comply with world standards and strengthen its bid to join Gatt. The communist party newspaper People's Daily said both issues had been sent
    Reuter  -  236 words
  • Article
    Lock icon Russia may receive US$1b from IMF in compromise deal
    241 30 Reuter WASHINGTON Russia could obtain nearly US$l billion (S$ 1.62 billion) in loans from the International Monetary Fund in coming weeks under a compromise agreement being discussed by the two sides, Western diplomats said on Tuesday. The deal, which is still
    Reuter  -  241 words
  • Article
    HK mass residential property prices stabilise
    208 30 HONGKONG Hongkong's mass residential property prices have now stabilised, the South China Morning Post has reported a leading securities company as saying. SG Warburg Securities, in its report on Hongkong's property market, said that the mass residential market had started to slow in February
    208 words
  • Article
    Lock icon Tokyo approves biggest budget ceiling rise since '82
    286 30 Asahi News TOKYO The cabinet approved on Tuesday budget ceilings for the next fiscal year, which include the lowest increase in defence spending since fiscal 1961 and a 9.4 per cent increase in official development assistance (ODA). The ceiling for the entire
    Asahi News  -  286 words
  • Article
    Lock icon France threatens sanctions against Khmer Rouge
    199 30 Reuter KUALA LUMPUR France called for possible sanctions against the Khmer Rouge to make the hardline group comply with a Cambodian peace accord even as Khmer Rouge soldiers were reported to be preparing to disarm. French Deputy Foreign Minister Georges Kiejman said in Malaysia
    Reuter  -  199 words
  • Article
    S'pore, Indonesia to join forces against piracy
    84 30 SINGAPORE The Singapore and Indonesian navies are expected to start coordinated efforts in August to patrol their territorial waters to combat piracy, a high-ranking Indonesian naval commander said yesterday. Rear Admiral Yusuf Eflendi t the commander-in-chief of the Indonesian Navy's Western fleet, said
    84 words
  • Article, Illustration
    Beijing treads carefully in tackling state sector
    847 30  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT journalist CHINA'S huge and inefficient state sector has been receiving the undivided attention of the country's leaders in recent weeks. Supreme leader Deng Xiaoping has just returned from Liaoning, the "Rust
    847 words
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      5 30 The World's Finest Photographic System
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      Page 30 Advertisements Column 2
      265 30 The World's Finest Photographic System Directors' duties and responsibilities A seminar for company directors The requirement for audit committees has resulted in an increase in the number of non-executive as well as first-time directors. There are several aspects of the law that directors ought to be aware of, such as
      265 words
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  • ISEAS Trends
    • Article, Illustration
      Islamic finance in Asean
      1183 31  -  Abdul Halim Ismail looks at ways of financing without contravening Islamic laws Abdul Halim Ismail Abdul Halim Ismail is managing director of Bank Islam Malaysia Berhad. This article is based on the keynote address presented at the recent ISEAS/Mendaki seminar on "Islam. Finance and Business in
      1,183 words
    • Article, Illustration
      New trends, old barriers
      917 31  -  Sergei Goncharenko on Russian policy in the Pacific Sergei Goncharenko Dr Sergei Goncharenko is a Senior Adviser and Research Fellow at a Moscow-based research institute I ussia is without doubt an Asiatic state. This means that whatever hap- pens in Asia is inevitably taken to heart
      917 words
    • Article, Illustration
      Welfarism and an affluent Singapore
      1024 32  -  Are the two like chalk and cheese? Liew Kim Siong examines the issues Liew Kim Siong THE inauguration of the Chinese Development Assrstance Council (CDAC). together with other ethnicbased self-help organisations like Mendaki and Sinda, are part of the Singapore government's new "many helping hands"
      1,024 words
    • Article, Illustration
      The basis of Japan's claim to the Northern Territories
      1052 32 Letter to the Editor -1 WOULD like to pay tribute to Dr Nazir Kamal for his timely article on the Nothem Territories, Kuriles: A Thorny Issue, published in the April issue of Trends (No 20, April 30, 1992). The Northern Territories
      1,052 words
    • Article, Illustration
      Is Singlish becoming a language of prestige?
      1269 32  -  Lee Gek Ling looks at the trendiness of a less polished form of English among Singapore's younger set Lee Gek Ling The writer is a Lecturer at the English Language Proficiency Unit at the National University of Singapore. WE ENGLISH-educated Singaporean professionals in
      1,269 words
    • Article, Illustration
      Asean's dynamic new economic directions
      1264 33  -  Manu Bhaskaran does some crystal ball-gazing to indentify regional economic trends Manu Bhaskaran Manu Bhaskaran is Economic Research Director at Crosby Securities. The views expressed are entirely personal THE past few years have seen the Asean economies, except for the Philippines, moving into their most
      1,264 words
    • Article
      Focus on MNC investments
      252 33 THE net economic impact of investments by multinational corporations (MNCs) in Third World countries has long been a subject of debate in both the West and in developing countries. Such investments loom very large in the Asean context, with the consequence that for some time, it
      252 words
    • Article
      Geopolitics of the Pacific
      2693 34  -  TUSHGAPOM H. STING. BySRajaratnam By: S Rajaratnam THIS ARTICLE is a discourse on the geopolitics of the Pacific Ocean and how it will affect the political stability and security of the largest of the world's great oceans. Asean, by virtue of its strategic location between the
      2,693 words
    • Article
      Where economic indicators of military power can prove misleading
      800 34  -  Derek da Cunha examines factors that argue against judging a country's commitment to national defence based on GDP figures Derek da Cunha Dr Derek da Cunha is a Fellow of I SEAS, and Editor of Trends. This article is based on
      800 words
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      Page 31 Advertisements Column 1
      366 31 Singapore Business Luncheon Talk Investing in Vietnam Vietnam has finally thrown open its doors to Singapore investors and everyone wants to cash in. In fact, Singapore is now Vietnam's largest trading partner. But while opportunities may be tremendous, Singapore businessmen have also been warned of the many difficulties that come
      366 words
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      Page 32 Advertisements Column 1
      208 32 Trends A mmxNy puNmli.-n Ihf InMUutc o< Suuthcul A»un SluJm The Publication Editors-in-chief S. Rajaratnam K. S. Sandhu Editor Derek da Cunha Assistant Editor Fang Yin Wah international Advisory Committee Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B. Koh (Singapore) Mochtar Kusuma-Atmadja (Indonesia) Seiji Naya
      208 words
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      Page 33 Advertisements Column 1
      105 33 THE m m I! PROPERTY Our coming PROPERTY UPDATE special feature will be drawing readers' attention with topics like: Property prices going up? New properties on the market Making use of CPF funds How to find the right bank loan And many others. For you, the advertiser, this is a
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      Page 33 Advertisements Column 2
      155 33 Get a job win an exciting holiday plus PENTAX cameras You must be familiar with the Manufacturing section by now for its source of career opportunities. Come July 1, v\> t >•- i f s" is :> i J >- w3gA C IT ffiu? I '-I 3 Il'\*% there are
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      Page 34 Advertisements Column 1
      115 34 ALL EYES AND EARS WILL BE OX J*. rr p. c o J \r j L~rTr IL UI fc IT L J..-; And what about you? /4s an advertiser, you should not miss our coming SIGHT SOUND special feature. It gives readers an update on the audio and video scene;
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  • Shipping Times
    • Article
      TWRA to triple bunker surcharges from July
      397 35  -  By Dexter Lee SINGAPORE The Transpacific Westbound Rate Agreement (TWRA), a grouping of carriers of which Neptune Orient Lines is a member, has announced sharp hikes in its bunker surcharges. From July 1, shippers will have to pay three times what they pay
      397 words
    • Article, Illustration
      Lock icon Embargo on Haiti broken many times
      271 35 AFP WASHINGTON The hemisphere-wide trade embargo on Haiti has been broken 32 times in the past six months, with some boats docking repeatedly in Haitian ports, the Organisation of American States (OAS) said on Tuesday. Many of these boats were oil tankers, which delivered
      AFP  -  271 words
    • Article
      Lock icon Somali refugees dying on hijacked ship
      450 35 AP SAN'A, Yemen Relief officials are warning that hundreds of starving, thirsty Somali refugees aboard a ship off the coast of Yemen could die unless Yemeni officials let them come ashore immediately. Scores of refugees are believed to have died of hunger, thirst and
      AP  -  450 words
    • Article
      Strive for higher logistics standards, MP urges
      279 35  -  By Juliette Walker SINGAPORE As government and private interests lay the foundation for Singapore to become a global distribution centre, they must continually work towards higher standards of local logistics management, the MP for Tanjong Pagar GRC said. Dr S Vasoo hailed the
      279 words
    • Article, Illustration
      Lock icon EC ministers set to open domestic shipping service
      241 35 Reuter LUXEMBOURG European Community transport ministers on Tuesday struck an accord that will allow EC shipowners to ply for the first time for trade in each others' waters, Transport Commissioner Karel van Miert said. The deal phasing in a practice called cabotage
      Reuter  -  241 words
    • NEWS SUMMARY
      • Article
        Greeks hit out at legal eagles
        32 35 AT THE recent Posidonia forum held in Greece, Greek shipowners were up in arms against a growing jungle of regulations which threaten their survival Page 2
        32 words
      • Article
        US airlines to give refunds
        60 35 LAWYERS estimated on Tuesday that up to 10 million airline ticket buyers could be eligible to share in a settlement by American, Delta, United and USAir, the carriers that on Monday announced an agreement to pay more than US$4OO million (Ss64B million) to settle a
        60 words
      • Article
        US railways shut down as strike starts
        42 35 A NATIONWIDE railway strike in the US got under way early yesterday after a machinist's union decided to stop work, forcing most railway lines to shut down, the Association of American Railroads announced Back Page
        42 words
      • Article
        BA hopes to fly daily to Jakarta
        31 35 THE chairman of British Airways (BA) Lord King on Tuesday expressed his hope to see the airline serving a daily Ja-karta-London route Back Page
        31 words
    • LOG BOOK
      • Article
        Cargo body buys $3m computer system
        133 36 SINGAPORE Cargo Community Network (CCN) formally announced on Tuesday the purchase of a $3 million computer system from Stratus Computer of the US and the Australian arm of UK-based Novus Systems. The system will form the foundation of "Spectrum", a cargo community system designed
        133 words
      • Article
        Dowty signs Chinese deal
        63 36 SINGAPORE Dowty Aerospace Aviation Services Singapore has signed an agreement with China Aviation Supplies Corp for the landing gear repair and overhaul of China Northern Airlines' McDonnell Douglas MD-82 fleet. The carrier, formerly CAAC Shenyang, currently operates a fleet of 23 MD-82, five AN-24 and eight
        63 words
      • Article
        NYK orders double-hulled tanker
        78 36 TOKYO Nippon Yusen KK (NYK) has ordered a 95,100 dwt double-hulled crude tanker from Japan's Namura Shipbuilding Co Ltd, company officials said. Namura is scheduled to deliver what will be NYK's first double-hulled tanker in September 1993. It will start construction in January 1993 at its
        78 words
      • Article
        Greek, N Korean vessels collide
        47 36 LONDON The Greek-flag Anangel Hope was in collision with the North Korean-registered Be Gae Bong while manoeuvring in Khulna port, Bangladesh, Lloyd's Shipping Intelligence Service said. Both the 22,670 dwt Anangel Hope and the 14,000 dwt Be Gae Bong has reported damage.
        47 words
      • Article
        US rig count to see slow recovery
        102 36 HOUSTON The US rotary rig count, which recently fell to record lows, will not recover until the mid-*****, a Federal Reserve Bank of Dallas report said. The report, published in the July/August issue of The Southwest Economy, said the recovery will depend largely
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      • Article
        LPG tanker damaged
        74 36 LONDON The Mexican-flagged liquefied petroleum gas tanker Emiliano Zapata struck the north breakwater while entering Tampico on Jun 20, according to Lloyd's Intelligence. The 2,957 dwt tanker had a pilot on board when the incident occurred. Tugs assisted the Emiliano Zapata to berth and it moored at
        74 words
    • Article, Illustration
      Greeks hit out at legal eagles
      1380 36 At the recent Posidonia forum held in Greece, Greek shipowners were up in arms against a growing jungle of regulations which threaten their survival GREEK shipowners are resisting the development of a legal environment for shipping to work in that they regard as a
      1,380 words
    • Article
      COCKETT BUNKER MARKET REPORT
      501 36 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      501 words
    • Article
      THE SHIPPING GUIDE
      12788 44 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,788 words
    • Article
      SHIPPING AGENTS
      3293 49 A XELBC ontainerline N\: Belsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Itc Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Ptc Ltd
      3,293 words
    • Article
      COURIER SERVICES
      278 49 Abacus C ouriers Tel: 545-8011. Fax: *****98. Air Express I ravel Tel: 533-5771. Fax: *****44. Airborne Freight C orporation Tel: 542 8844. Fax: *****16. *****80 Airswifl Worldwide C ourier Tel: 278-0188 Fax: *****83. Tel 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tc 344-3377. Fax: *****50. C luster
      278 words
    • Article
      AIR FORWARDERS
      1515 49 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50 Air
      1,515 words
    • Article
      PORT CONDITIONS
      3281 50 ARGENTINA As a result of the recent decree modifying many of the port-related labour regulations there has been "unrest and. although there was no strike, production was reduced several times mid-June due to conflicts. Buenos Aires: On June 12, stevedores staged demonstrations, hindering port operations. As a result,
      3,281 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      955 50 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Belcargo: 110,444 dwt and built November 1975 Fredriksstad, on best offers including balance of 7year charter commenced since November 1989 with hire equating to U558,750 daily nett ballast bonus BSS (presently on sub
      The information was contributed by Simpson Spence & Young  -  955 words
    • Article
      AIR FREIGHT SCHEDULE
      551 50 ARRIVALS Op High! l>pe ETA T Froa TODAY KAL KE697 B747F 01 SO 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 1 TYO NWA
      551 words
    • Article
      CRUISE & FERRY SCHEDULES
      509 50 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent Tel JUNE 25 25 Andaman Princess 1200 1800 Cruise to Nowhere Lines Int'l Holdings 26 26 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 27 27 Andaman Princess 0900 1400 Cruise to Nowhere Lines
      509 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        3 51
        3 words
      • Article
        IN MALAYSIAN PORTS
        230 51 Jolwri Port Berth: 1: ml; 2: Hung Yun, Huang Hua Quan; 3: Nha Trang 16; 4: Fuhwo Venture; 5: Pernas Suasa; 6: Berezovka, Barge Josmdo Satu. 01 jetty: Champwnventure 'L*. Santi, Adrtya Vaibhav, Jo Laid. DCJ: Ocean Progress, Meridian Sun. Due on Jim 24: Rosalie. Subur, Semarak.
        230 words
      • Article
        CONTAINER SCHEDULE
        534 51 I 3 CONTAINERS IN PROGRESS Sip Vvy No C< ntaai ■n rataMe 9# Voy No Contanen at laMit B Gelang 26E *****2 0755 Huashunhe 32W COO(EST) 24 06.92 1930 Seraya iaya 006SR *****2 0845 OOCl Fortune 33E COD(EST) *****2 1500 Enno B 73N 2306 92 0925 Setetar Jaya
        534 words
    • Article
      TRANSPORT DIARY
      1243 52 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: 732-1970 or fax: 733-5087. Oct 5 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at
      1,243 words
    • Article
      DAILY FREIGHTS
      609 52 DRY CARGO freight rates drifted lower but US Gulf/Japan grain continued firmer, brokers said on Tuesday. The key heavy grain route was fixed at U5519.25 and the Baltic Freight Index (BFI) level rose to $19.19 from $19.18 amid an overall fall of the BFI by eight points to
      609 words
    • Article
      Lock icon US airlines to give refunds to 10 million passengers
      498 54 American, Delta, United, USAir settle charge of price-fixing NYT NEW YORK Lawyers estimated on Tuesday that up to 10 million airline ticket buyers could be eligible to share in a settlement by American, Delta, United and USAir, the carriers that on
      NYT  -  498 words
    • Article
      Lock icon Survivors testify about USAir plane crash
      376 54 AP NEW YORK (AP) The co-pilot and flight attendant of a USAir plane that crashed in a snowstorm at New York's La Guardia Airport testified on Tuesday about the plane's nightmarish takeoff and submersion in Flushing Bay. "I recall seeing the water and the
      AP  -  376 words
    • Article, Illustration
      Lock icon BA hopes to fly daily to Jakarta
      211 54 AFP JAKARTA The chairman of British Airways (BA) Lord King on Tuesday expressed his hope to see the airline serving a daily Jakarta-Lon-don route. "Our strategy on all lon-g-haul routes is to build up the frequency to a daily service," Lord King told
      AFP  -  211 words
    • Article
      Lock icon Nationwide strike shuts down America's railways
      473 54 AFP WASHINGTON A nationwide railway strike in the US got under way early yesterday after a machinist's union decided to stop work, forcing most railway lines to shut down, the Association of American Railroads announced. All state-run freight lines and most passenger lines are
      AFP  -  473 words
    • Article
      Lock icon Union against Gen Dynamics plan to build F-16s in S Korea
      338 54 UPI FORT WORTH, Texas The International Association of Machinists and Aerospace Workers will hold a rally today to protest against General Dynamics Corp's plan to eventually produce its F-16 planes in South Korea. The union, which represents 8,000 workers
      UPI  -  338 words
    • Article, Illustration
      Traffic pollution growing worse in Manila
      543 54 MANILA Studies show that vehicle exhausts are dangerously polluting Manila's air, and pollution could double in the next decade if controls are not imposed. But reducing exhausts also would require lasting solutions to the transportation problems of the capital's eight million residents. Ramon Aguilar,
      543 words
    • Article
      Lock icon China opens rail link to C Asia
      266 54 Reuter BEIJING China has opened passenger rail service between Xinjiang and the neighbouring former Soviet republic of Kazakhstan, the first step in a rail link projected to stretch across Central Asia and Europe to end in Rotterdam. After an official ceremony on Tuesday,
      Reuter  -  266 words
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      Page 36 Advertisements Column 1
      81 36 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the people
      81 words
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      Page 37 Advertisements Column 1
      1197 37 Dedicated to Quality Service c OOCL (S) PTE LTD JAROINE SHIPPING AGENCIEB TEL: *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL: *****18 220 PEBAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 IPOH TEL: *****3/4 FAX *****6
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      Page 37 Advertisements Column 2
      346 37 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT f jjim To US East Coast From US East Coast VSI/VOY NYC BAI OKF SAV SM ft MH 1i SMTTI KU R 11/1 v« U/l 11/J 21/1 m u/i 11/7 an i/i u/i
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      Page 37 Advertisements Column 3
      777 37 MAERSK LINE 2 SAILINGS TO NEW YORK ALVA MAERSK V 9202 ETA Singapore 29/6/92 ETA New York 30/7/92 (VIA ROTTERDAM) MAJESTIC MAERSK V 9206 ETA Singapore 30/6/92 ETA New York 2/8/92 Voy This wMh Majestic Mtwsk 9206 CY 30/6 0800 HRS CFS 29/6 2359 HRS Feeder by DESTINATIONS Port K*«ng
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      Page 38 Advertisements Column 1
      453 38 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT Aho accepting carfo to: AN UK N. Continent inland destinations. Belfast, Dublin, Copenhagen. Aarhus, Gothenburg, Malmo. Helsinki. Oslo, Amsterdam, Caribbean, S. America, Ceuta, MeHa t Canary Islands. CONTAINER SERVICE FROM UK/CONTINENT ACCEPTANCE/DELIVERY OF LCL CARGO AT PSA GODOWN F5. Agents: Singapore HAPAG-LLOYD (SINGAPORE) PTE LTD
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      Page 38 Advertisements Column 2
      384 38 COLUMBUS LINE REEDEREI GMBH, HAMBURG EXPRESS TO PAPUA NEW GUINEA (LCL B/BULK) T/S: ALOTAU. OROBAY, KAVENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H C TEL: *****01/4 0 UNICORN-DELMAS SERVICE INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE VESSEL SPORE PKL LOAOWG FOR FLAMBOYANT ttCN 17/17 U/t7 TAMAftM VI9W
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      Page 38 Advertisements Column 3
      648 38 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE ML AND PORTS. VALENCIA VIA ALGERCRAS WESTBOUND TO MEDITERRANEAN VIA VALETTA (MALTA) ALSO ACCEPTMG CARGO TO VALETTA (MALTA). EASTBOUND TO FAR EAST KOB 08/07 M dates. Ports t Rotation arc subject to chame without notice. NORASIA AGENCIES (S) PTE LTD FAX: *****90
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      Page 39 Advertisements Column 1
      1006 39 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SERVICE TO SABAH. SARAWAK BRUNEI Accepts boofcnf tor K Belait via Muara SINGAPORE STRAUS SHIPPING PIE 110 TEL: 225-0788 FAX 225 0117 BANGKOK BORNEO AGENCIES LID TEL: *****80 Syarikat Nftavalaa Kris PERDANA SERVICE
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      Page 39 Advertisements Column 2
      850 39 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********02 EXPORT s m;,-. IMPORT TO UK CONTINENT FROM UK CONTINENT JEDDAH Bremen/Bremerhaven Copenhagen Gothenburg Malamki La Havre
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      Page 40 Advertisements Column 1
      463 40 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE ¥Sl VOY MATARAM; 32W8 STORE ETA/O 17-21/7 ROAM ADAM H BURG BREMEN WIT WW 70/8 25/1 30/8 4/9 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducamant. Alto accepting cargo to Casablanca, Port Said, Port Alexandria,
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      Page 40 Advertisements Column 2
      771 40 HANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE) Also accepting Rerter Ope tup Flatfdck rt( to Sjh Francisio «a Ojkl ind M USA fciljod points. USEC (MB! «ia long Beach FOR VSI HANIIN KNANGYANG 0901 HANJIN KUNSAN 07« FISHGUARD BAT 208N HANItN CHEtU 084E HAN
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      Page 40 Advertisements Column 3
      952 40 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Kl IX M( HC W W! OH Kl SW 110 LM MS W NYC LMV ANN KM T» HK PSD CM «l i LOAONG H 474 MS 1/7 4/7 1/7 11/7 U/7 14/7 IC/7 17/7 11/7 2*/7 31/7 12/1 14/1 IS/I »/l
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      Page 41 Advertisements Column 1
      639 41 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) USA SERVICE FAR EAST SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE *****00 *****00 *****00 *****00 NEPTUNELINK TEL TERMINAL OFFICE IMPORT CFS F9: EXPORT CFS F9: *****00 (TOLL-FREE) *****22 *****69/*****96 *****53/*****50 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P Ketanfl-<O3) *****87,
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      Page 41 Advertisements Column 2
      448 41 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) BALT-ORIENT LINE/ u 1 A A FULL CONTAINERSHIP SERVICES MA ROTTERDAM MfOK
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      Page 42 Advertisements Column 1
      1363 42 K 44 Kline KAWASAKI KISEN KAISHA, LTD EXPORT N.AMERICA PACIFIC SOUTH WEST AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA "K" UNE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAUTINTERNUSA TEL:
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      Page 42 Advertisements Column 2
      1044 42 9 PHIU-OM€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****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 f AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC fCULCL SERVICE 30 JUN SYDNEY.
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      Page 43 Advertisements Column 1
      1306 43 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 ii i iiiii ii i REGIONAL CONTAINER SERVICES (BANGKOK VESSEL ESTEBRUGGE EQUATOR CRYSTAL SRISAMUT (THAI FLAG) G. KOZINTSEV KOTA BINTANG KOTA SURIA SRISAMUT (THAI FLAG) KOTA BIHTANG KOTA SURIA TAIWAN VESSEL BUHGA MELOR BUHGA RAYA
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      Page 43 Advertisements Column 2
      520 43 EacßenV IST1 ST CLASS CONTAINER TRANSPORT EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY NOTE 1) SOU —IE HAVRE/BELFAST/LISBON/BILBAO 2) RTM PARIS/BASEL/ANTWERP/CORK/DUBLIN 3) HAM COPENHAGEN/AARHUS/VIENNA/WARSAW/GYOINIA 4) GOT OSLO/HELSINKI CLOSING TIME FCL: 30/6/92 0700 HRS LCI 29/6/92 1700 HRS EXPRESS CONTAINER SERVICE FROM SCANDINAVIA-NORTH CONTINENT UK WEEKLY Alao accepting cargo lor Jakarta,
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      Page 43 Advertisements Column 3
      221 43 BOUSTEAD SHIPPING AGENCIES NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN V.52 SINGAPORE ETA Lagos Port Harcourt Calabar 18 Jul 11 Aug 13 Aug 17 Aug ACCEPTING B/BULK ANO CONTAINERS K LINE KINKAI KAWASAKI KINKAI KISEN KAISHA. LTD. JAPAN/ HONG KOHG STRAITS o o TRANSPORTATION PINY A VI22W MYOMAYWA
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      Page 46 Advertisements Column 1
      2090 46 c o 5 C O (7// VI OCFAX smrmxc, < OUPAXY t it# i€-#r A 5] Conventional Semi-Container Liner Services Booking Agents: Shipping Freight Booking Centra Sdn Bhd lei 33/ 2441 (4 lines) lax *****51 fix IHIftRRS 244/3 Greatship Agencies Pte Ltd (West Air«y only) ret *****88 Fax *****16/*****66 fix
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      Page 46 Advertisements Column 2
      84 46 SAMUDERA INDONESIA (S) PTE LTD 1S McCALLUM STREET #03-01/02 NATWEBT CENTRE Singapore 0106 Tatox: R*****0 Tat: *****01-3 Fax: 225 4039, *****30 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 WEEKLY FULL CONTAINER SERVICE JOHflfl CONTAINERISED SERVICE TO SARAWAK SABAH f. BRUNEI ACCEPTMG FCL/LCI WTFEFS, PAILFTtSED CARGOES WA¥T LET UP TO 70
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      Page 47 Advertisements Column 1
      263 47 FAMOUS CONTAINER LINES 10 ANSON RD #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) FAR EAST PORT PORT KLANG PH: 03/*****02 (10 LINES) 11 PENANG: 04/*****7 (10 LINES) FARGO SHIPPING Call our TOLL FREE LINES at 566-4833 WE ARE OFFERING THE MOST UNBELIEVABLE RATES FOR OUR CONSOLIDATION
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      Page 47 Advertisements Column 2
      566 47 m RICHFIELD MARINE AGENCIES IS) PTE LTD TEL: *****33 (12 Lln««) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL m KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO hso KCfpmt
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      Page 47 Advertisements Column 3
      254 47 TIGER-DOE VSL VOY SMGAPORE MADRAS SMOAPOfIE VSL VOY SOOGAPOPE/CALCUTT A/SMGAPORE VSL VOY COLOMBO/CALCUTTA/COLOMBO WSSII VOT COLOMBO CALCUTTA COLOMBO TBI SHARK *037 20-29/00 M-07/07 12 13/17 TIGER SHAW VO3» IMJ/I7 IS-21/S7 21-27/07 VSL VOY COLOMBO/COCHMmmCOMN SERVICE VESSEI VOY CBO CCH TUTI CBO TKER STREAM 120 22-23/0® 24-27/00 20-29/00 507 25-20/00 27-21/00
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      Page 48 Advertisements Column 1
      792 48 MERLION SHIPPING AGENCY n 16-01 SOUTHPOINT. 200 CANTONMENT ROAD TELEPHONE *****44 TELEX RS ***** FAX *****64 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, INVERCARGIL, SUVA, LAUTOKA, TAHITI.
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      Page 48 Advertisements Column 2
      1152 48 THONG SOON LINES PTE. LTD. m 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 CON VEMTION AL/CONTAINER SINGAPORE TO WEST MALAYSIA CQMTAIMBB SERVICES SINGAPORE TO WEST MALAYSIA VESSEL VOY ETA DEST VESSEL VOY
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  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      475 51 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 ****************************************1900 2000 2100 2200 2300 JR II LI 1.3 16 18 20 20 19 1.7 15 1.2 1.1 1.0 10 1.2 1.5 18 2.1 2.3 24 2.2 20 1.7 1.4 PP 10
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      Page 52 Advertisements Column 1
      379 52 ULTIMATE FREIGHT SERVICES WEEKLY LCL ACCEPTANCE TO mm fiil PACIFIC al ports If* USA fe Lous EUROPE Portland, SfO, LA, Now York and al H Points Calf**, Ottawa, Sgfeggjl SWTS, rm, tat, -MMp, Fafastowt,. Capstan. n > > W3M, 's a* -I>, I Pretoria, PI. TAIWAN Ktekxtf Kaohsiußi in NO
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      Page 52 Advertisements Column 2
      383 52 UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHIN* CONVENTIONAL SERVICE VESSEL PKL PNG P.O. OING RONG 12/07 LOADING FOR: Guangzhou/Huaogpu CO»CO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANOKOK/HONGK OHO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please relet above mentioned services to
      383 words
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      Page 52 Advertisements Column 3
      500 52 When High-Tech Companies need personnel, they plug into KS Weekly LCL Consolidation A Ka y I MADRAS BOMB A Y \COLOMBO o9 KARACHI CALCUTTA CHITTAGONG <*« auu > l F 49 WSgk LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines)
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      Page 53 Advertisements Column 1
      602 53 MERCHANT MARINE CO. LTD. Singapore Agents: MAJU BOUSTEAD SHIPPING PTE LTD TEL: *****66 FAX: *****71 TLX: R*****3 CR NO: **********0 D FULLY CONTAINERISED TRANSPACIFIC SERVICE PACIFIC SOUTH-WEST SERVICE str TO USA 26/06 03/07 10/07 17/07 24/07 19/06 H. COMMANDER H. PIONEER H. FRONTER H CHALLENGER H. INNOVATOR H. EXPLORER ALL
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      Page 53 Advertisements Column 2
      502 53 IMLintermaritime Hoi Sun Hup Co (Pte) Lt i, i,,-, "L I A 4. U KASTKKN CAR LINKH LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS OUTBOUND VESSELS LOADING FOR SENBOKU/NAC/TVO SEKI NAGOYA V7B ETA SIN 26/ C PK 28 LOADING FOR OSA/KOBE/YOKO DALIA ROJA VS KTA
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      Page 53 Advertisements Column 3
      484 53 EXPORT TO PSW CONNECTING AT: TO double stack trains eta OUR USA SERVICE CALLS SINGAPORE DIRECT EVERY WEDNESDAY NEXT LOADER TO USA/CANADA ALLIGATOR DISCOVERY VOY ***** SAILING 01/07 Mm Kccptnf LCI MIKATOK D6COKRT Fa CIOSNG TM •1/17 0500 MB ia aosM tm 30/ M 1200 MB a NO IKM77OOOOS MOI
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