The Business Times, 22 July 1992

Microfilm: NL18221
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES MITA (P) 35/12/91 Wednesday, July 22, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Reuters agrees to partnership deal with NBC
      82 1 LONDON International news and information organisation Reuters said yesterday that it has agreed to a 10-year television partnership with the National Broadcasting Company (NBC) of the US which includes a joint venture in global TV and allows Reuters to take full control of
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    • Article
      Tiananmen figure gets seven-year jail term
      53 1 BEIJING Bao Tong. the highest-level Chinese official prosecuted in connection with the Tiananmen Square democracy movement, was convicted yesterday of leaking state secrets and sentenced to seven years. He would be given credit for the three years he had already spent in prison, said
      53 words
    • Article
      HSBC restructuring
      25 1 FOLLOWING its takeover of Midland Bank. Hongkong and Shanghai Banking Corporation has begun to restructure treasury and capital market activities worldwide Pag® 3
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    • Article
      Home buyers tap CPF
      29 1 HOME BUYERS in Singapore have sunk almost 59.4 billion of CPF funds into the private property market since 1981, figures released yesterday show Page 3
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    • Article
      KL anti-graft probe
      32 1 MALAYSIA'S Anti-Corruption Agency (ACA) is determined to go as high as the Prime Minister's Office if necessary as it conducts an unprecedented investigation of a flamboyant minister Page 10
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    • Article
      Call by Bank Negara
      29 1 MALAYSIA'S non-financial public enterprises should review their financial structure and tap the financial markets more effectively, says the deputy governor of Bank Negara Page 10
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    • Article
      Barrier to Nafta
      26 1 THE completion of a North American free-trade agreement remains elusive as Canada has yet to settle a number of "difficult issues" Page 11
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    • Article
      Boost for Perdana
      23 1 PERDANA Service has been further strengthened with the inclusion of a new partner, Malaysia Shipping Corp. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      29 1 WALL STREET stocks rebounded in early trading yesterday. The Dow Jones average of 30 industrial stocks was up 9.73 to 3,312.73 in the first hour of trading.
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    • Article
      Footsie higher
      28 1 LONDON share prices were higher at midday yesterday. At about 1100 GMT, the FTSE 100-Share Index was up 17.1 points, or 0.7 per cent, at 2420.8.
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    • Article
      Fels chief speaks out
      28 1 THE chairman of Far East Levingston Shipbuilding yesterday emphasised the point that it's no big deal not to have won a contract. Page 4
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    • Article
      SDC settles dispute
      26 1 SENTOSA Development Corporation (SDC) and a group of contractors have settled a legal tussle over a $14.4 million beach improvement project Page 4
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    • Article
      UK cuts bond rate
      37 1 THE British government yesterday cut the rate on a controversial issue of national savings bonds in a move to stave off a damaging rise in interest rates for millions of home-owners Page 8
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    • Article
      BankAmerica profit
      34 1 Bank America Corp earned US$24O million (SS3B7 million) in the second quarter the first results since it merged with Security Pacific Corp to create America's No. 2 ranked banking company Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 695.50 -4.07 Kuala Lumpur ....605.16 +2.40 Tokyo 16,002.41 +117.93 Hongkong 6,010.44 +23.95 Svdnev 1,609.2 +4.3 Monday Change New York 3.303.00 -28.64 London 1.824.1 -28
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    • Article
      CURRENCIES
      22 1 Exchange rates USS ss 1.6125 100 Yen SS 1.2885 MS SS 0.6450 Money market rates Oernight 2 -1/8 3-month 2-1/4 unch
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS357.40 -USS1.40 Rubber S'pore Aug 143.50Vkg +0.25 M'sia Aug 221 Vkg unch KL Tin Turnover 86 tonnes +44 Spot MS 16.5 _Vkg +0.15 Crude palm oil Turnover l,6051ots +908 Aug MS858 /tonne *11
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  • Article, Illustration
    Garment firms report lower orders for X'mas
    532 1  -  Weak economies in Europe and US seen as main factor By Chuang Peck Ming SINGAPORE Garment manufacturers are not looking forward to a good Christmas this year. With their exports of textiles and garments down 11 per cent in the first five months
    532 words
  • Article
    Thailand reaffirms commitment to lower tariffs
    376 1  -  Asean Ministerial Meeting From Chuang Peck Ming in MANILA THAILAND, the first to suggest a free trade area for Asean, has given an assurance that it will honour its unilateral commitment to lower all tariff rates to a maximum of 30 per cent by
    376 words
  • Article, Illustration
    Chinese Vice-Premier Zhu to replace Li Peng: report
    460 1  -  Move seen as a boost for reformists By Walton Morais SINGAPORE Top Chinese Communist Party leaders have agreed that Vice-Premier Zhu Rongji will be promoted to premier replacing Li Peng, the Yomiuri Shimbun reported yesterday. They also agreed that General Secretary Jiang
    460 words
  • Article
    Taipei institute seeks support for US$10b Batam project
    434 1  -  By Kenneth James SINGAPORE A Taipei think-tank that is behind an ambitious proposal to get Taiwanese companies to invest some US$lO billion (Ssl6 billion) in Batam is hopeful that business leaders will support the plan within the next few months. The plan
    434 words
  • Article
    STII falls, other Asian markets recover
    216 1 SINGAPORE Singapore stocks lost ground yesterday even as major Asian markets staged a recovery after Monday's bruising retreat. The Tokyo stock market managed a technical rebound which pushed the Nikkei Average above the 16,000 level, while Hongkong's Hang Seng Index moved back above 6,000.
    216 words
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      236 1 -I-. Centrepoint #01-30, Tel: 737 4509 Aircraft Schedule 33 RISE 25 TV Radio 20 Commodities 32 Law 1415 Urut Trusts 24 Company News 4.6,7 Money Changer Rates 33 Weather 33 Cryptic Crossword 33 Money Market 31 World News H Editorial 12 Regional News 10 World Stock Markets 30 Financial News
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      8 1 Kan Seng warm of potential fauh-lines, Pg 2
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      94 1 COEs inch higher as buyers await bigger quota, Pg 2 Hock Lock Siew: Company managers, not brokers, should work longer hours, Pg4 Law Page: Just how far does the shareholders' word go? Pg 15 Slgaxw tv€ hou« olak u«*T >w» IX W)M»1 va» w j»*M7rri» r iwmiWMi'»»«*'taiW wnowurtM ,fcl 1
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      8 1 iE29 RrA* AVAILABLE AT LEADING STORES OPTICAL SHOPS
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  • PAGE 2 NEWS
    • Article
      China offers Asean cooperation in trade, technology
      303 2 CHINA'S offer of greater economic, trade and technological cooperation with Asean will be for Singapore to follow up on when it takes over the chairing of the Asean Standing Committee after the current ministerial meeting Singapore, which will host the next Asean Ministerial
      303 words
    • Article, Illustration
      Kan Seng warns of potential fault-lines
      471 2  -  Asean Ministerial Meeting II aMA II hi I Reports By Chuang Peck Ming in MANILA THE END of the Cold War spelt a more secure time for the Asia-Pacific region, but new tensions have also surfaced and ways must be found to deal with
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    • Article, Illustration
      Lock icon COEs inch a little higher as buyers await bigger quota
      535 2  -  By Dexter Lee SINGAPORE The average cost of a certificate of entitlement (COE) in the August tender was barely changed at $14,998, ahead of the government's planned release of 10,000 more COEs by the end of this year. The average
      Source: Registry of Vehicles  -  535 words
    • Article
      HSBC begins global restructuring programme
      402 3  -  Move follows takeover of Midland Bank Htptiti by Dawn Tan SINGAPORE Hongkong and Shanghai Banking Corporation has begun to restructure treasury and capital market activities worldwide following its takeover of Britain's Midland Bank. Several big names have been axed from Midland's United Kingdom operations while
      402 words
    • Article
      Amid takeover talk, Stanchart cuts costs in HK, axes 170 jobs
      419 3 SINGAPORE Amid speculation of being the target of a takeover, Standard Chartered pic has contracted out a number of ancillary services in its Hongkong banking operations. This will result in the loss of some 170 jobs, 90 of them
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    • Article
      More CPF funds being pumped into property market this year
      365 3  -  By Sylvia Wong SINGAPORE Home buyers in Singapore have sunk almost $9.4 billion of CPF funds into the private property market since 1981, figures released yesterday show. And the rush to buy private housing continued in the first half of
      365 words
    • Article
      Members withdrew $I.Bb for approved investment
      260 3 SINGAPORE Central Provident Fund (CPF) members hardly made any new investment in trustee shares, unit trusts, convertible loan stocks and gold in the second quarter of this year. According to figures released by the CPF Board yesterday, the amount withdrawn for approved investment was
      260 words
    • Article
      Currency board suffers exchange loss of $413 m
      184 3 SINGAPORE The Board of Commissioners of Currency, Singapore (BCCS) suffered a massive exchange loss of $413.4 million in 1991, according to the BCCS 1991 annual report released yesterday. The exchange loss for the year represented an increase of about two-and-a-half times over
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    • Article
      Lock icon Taiwan's weak exports signal a likely slowdown
      165 3 AFP TAIPEI Taiwan is likely to see an economic slowdown after lacklustre export performance in June and declining orders from abroad, the island's main economic planning agency said yesterday. Industrial production and export orders declined in June from May's level, while exports in
      AFP  -  165 words
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      166 2 £r' .-lirar^^ We Probably Know More About Aircraft Than Any Other Airline. (We Also Build Them, You See.) Time was when our technical abilities extended merely to the maintenance of aircraft. Till one day, when the manufacturers, rather pleased with our quality of work, paid us the ultimate compliment. They
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      19 2 Find out how sellers are reaching out to buyers in Advertising and Marketing. Even Thursdav in Business I imes.
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      273 3 If you don't read The Asian Wall Street Journal, your replacement will. To ensure your career thrives, analyzing their effects and impact on you need a constant competitive Asia. Giving you fresh facts that can edge. And that's The Asian Wall make the difference between Street Journal. Every business success.
      273 words
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      140 3 Authorised Dealers: •AH Watches: Wwma Atria Asia Watch: Parkway Parade Chew Cheong Watch: Shaw Centre, Wisma Atria Grand Classic: New Bridge Road International Watch: People's Partt Complex Leong Poh Kee: Beach Road Nanking Watch: Lucky Plaza, Peninsula Shopping Complex Pearl's Park Dept Store: Kim Ttan Plaza Pewter Time: Telok Blangah
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      5 3 The Bottom Line, Back Pg
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  • COMPANY NEWS 1
    • Article, Illustration
      Fels not perturbed by loss of Petrobras deal
      662 4  -  Company share price weighed down by various rumours By Dexter Lee SINGAPORE Rumours that Far East Levingston Shipbuilding has failed to win a major contract are off the mark: the company actually lost two. Loh Wing Siew, chairman of Fels, disclosed that
      662 words
    • Article
      Sentosa, contractors settle legal dispute over beach project
      360 4  -  By Lilian Ang SINGAPORE A legal tussle between Sentosa Development Corporation (SDC) and a group of contractors over a $14.4 million beach improvement project has been settled. The contractors, led by Dutch firm Van Oord International BV, have been absolved from blame
      360 words
    • Article
      Lock icon Fima Metal gets inquiries on setting up can plant in Vietnam
      215 4 Bernama KUALA LUMPUR Fima Metal Box Bhd has received several inquiries from Vietnam for the setting up of a can-manufacturing plant there, chairman Basir bin Ismail said yesterday. Speaking to newsmen after the company's annual general meeting here, he
      Bernama  -  215 words
    • COMPANY BRIEFS
      • Article
        Berjaya gets approval for Sports Toto divestment
        91 4 SINGAPORE Beijaya Leisure Bhd yesterday said the Malaysian Capital Issues Committee has approved without any changes its proposed divestment of the entire issued and paid-up capital of Sports Toto (M) Sdn Bhd of 112.52 million ordinary shares of 50 sen each to Far
        91 words
      • Article
        Temasek cuts Jurong Shipyard stake
        45 4 SINGAPORE Temasek Holdings' deemed interest in Jurong Shipyard has dropped by 6,450 shares to 16.3 million shares. In a statement to the Stock Exchange of Singapore, Temasek disclosed that it now holds 14.87 per cent of Jurong Shipyard's issued capital.
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      • Article
        New United Pulp & Paper director
        35 4 New United Pulp Paper director SINGAPORE United Pulp Paper Co Ltd said Edward Kwong has resigned as director and Koay How Khim was appointed to replace him. Mr Koay s appointment took effect on Monday.
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      • Article
        MPI to buy research firm
        62 4 SINGAPORE Malaysian Pacific Industries Bhd (MPI) yesterday announced that it plans to acquire Packaging Research Centre (PRC), whose entire issued and paid-up capital amounts to Ms 2, divided into two ordinary shares of M$ 1 each. PRC, which does research and development on packaging of
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      • Article
        Sri Hartamas' loss narrows
        49 4 SINGAPORE Sri Hartamas Corp's net loss fell to M 5529,000 (*****,560) in 1991 from M$ 14.35 million the year before as turnover rose to M 56.99 million from MS 1.6 million previously. Net loss per share was 0.7 sen, down from 10.25 sen in 1990.
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    • Article
      Hai Sun Hup reports group earnings of $23m
      387 4  -  By Rahita Elias SINGAPORE The ship owning, management and chartering activities of Hai Sun Hup Ltd showed a 25 per cent increase in after-tax profit to 5i3.3 million in the year to March 31. With the purchase of crude carrier Sentosa Pride,
      387 words
    • Article
      Cima proposing to acquire 21pc stake in Faber Group
      277 4 SINGAPORE Cement Industries of Malaysia Bhd (Cima), a member of the giant Renong group, is proposing to acquire a 20.7 per cent equity stake in listed Faber Group Bhd for MS 148.8 million (5595.98 million). Cima, unlike in the past, will
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    • Article
      It's company managers, not brokers, who should work longer hours
      674 4  -  THE HOCK LOCK SIEW COLUMN By Catherine Ong HONGKONG The grouses heard in the Singapore stockbroking community when news broke out that the stock exchange is extending trading by 90 minutes are hardly surprising. At a time when daily share
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    • COMPANY BRIEFS
      • Article
        Yaohan signs franchise with Indon group
        52 6 HONGKONG Yaohan Hongkong Corp said it has signed a franchise agreement with a group of Indonesian entrepreneurs to jointly run a new department store in Jakarta. The 12,000 square-metre store, with 500 staff, will open in August udder the Yaohan name in a new
        52 words
      • Article
        Taiwan firm in Beijing deal
        63 6 BtIJING A Taiwan company has signed a letter of intent to join a mainland partner in developing a plot of land along Beijing's busiest shopping street, the Beijing Daily said yesterday. The Hongjing Development Co Ltd and the Jingpeng Development Co said they planned to
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      • Article
        Formosa Plastics to import ethylene
        47 6 TAIPEI Formosa Plastics Group, Taiwan's largest private industrial group, plans to import ethylene, a company spokesman said yesterday. Formosa Plastics has a contract to take 240,000 tonnes of ethylene annually from Chinese Petroleum Corp, but it can supply only 80 per cent.
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      • Article
        Mitsubishi in Saudi project
        48 6 TOKYO Japanese engineering firm Mitsubishi Heavy Industries Ltd will build two desalination plants in Saudi Arabia for state-owned Saline Water Conversion Corp. The plants will have a capacity of 63,950 tonnes per day each and supply water to the cities of Medina and Yanbu.
        48 words
    • Article
      Lock icon National Australia Bank to buy BNZ for NZ$1.5b
      470 6 Takeover creates Australasian banking giant Reuter WELLINGTON An Australasian banking giant was created yesterday when National Australia Bank (NAB) announced its intention to take over state-controlled Bank of New Zealand (BNZ), the country's biggest bank. The widely-expected announcement that NAB would buy
      Reuter  -  470 words
    • Article
      Lock icon Nippon Steel revises current-year profit forecast downwards
      479 6 Reuter TOKYO Japan's largest steelmaker Nippon Steel will not reach its target profits in the current year because demand has slowed along with the domestic economy, a top executive said. Nippon Steel Corp's parent current profit in the year to March 31, 1993,
      Reuter  -  479 words
    • Article
      Lock icon Exxon M'sian unit in production deal with Petronas
      276 6 Reuter KUALA LUMPUR Esso Production Malaysia Inc (Epmi), an Exxon Corp unit, has agreed with Petronas on new production-sharing contract (PSC) arrangements for 12 existing oil and gas fields in Malaysia. Under the new deals, the fields would be distributed in April
      Reuter  -  276 words
    • Article
      Lock icon Japan to probe Nippon Housing's share dealings
      272 6 Reuter TOKYO Japan's Ministry of Finance (MOF) will start investigating Nippon Housing Loan Co Ltd's transactions in shares of Gun-Ei Chemical Industry Co Ltd, a ministry official said. "We haven't decided how to handle this yet We first have to get the facts,"
      Reuter  -  272 words
    • Article, Illustration
      Lock icon Foreign investors taking breather from Tokyo market
      600 6 MARKET TALK Reuter TOKYO Foreign investors, the doddery Tokyo stock market's only crutch in the past year, are paring their holdings in sheer frustration over its failure to hit bottom, analysts and fund managers said yesterday. However, they wouldn't be staying away for
      Reuter  -  600 words
    • Article
      Big Asian companies bucked global slump in 1991: Fortune
      405 7  -  By Alec Almazan SINGAPORE While most Western companies were experiencing a slump, business was booming for the biggest Asian companies in 1991, Fortune magazine's latest list of the world's 500 biggest industrial corporations showed. According to Fortune, 1991 was generally a
      405 words
    • Article
      Lock icon Court orders Kevin Maxwell to pay £406 m damages
      271 7 Reuter LONDON England's High Court on Monday ordered Kevin Maxwell, youngest son of dead media tycoon Robert Maxwell, to pay £406.5 million (S$ 1.276 billion) in damages in respect of shares missing from Maxwell pension funds. In a summary judgement, the
      Reuter  -  271 words
    • Article
      Lock icon Philips to cut working capital and sell property
      250 7 FT AMSTERDAM Philips, the Dutch electronics group whose share price has fallen by nearly a third over the past four weeks, plans to reduce working capital and the size of its property portfolio by "several billions of guilders" in an effort to
      FT  -  250 words
    • COMPANY BRIEFS
      • Article
        Siemens' profit, sales up 8pc in first nine months
        79 7 MUNICH Siemens AG said group after-tax profit and sales in the first nine months of the year ended Sep 30, 1992, both rose 8 per cent from a year earlier. The German engineering and electronics company said in a statement that
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      • Article
        Sandoz's first-half sales up 14pc
        62 7 BASLE Sandoz AG said sales in the first half of 1992 rose 14 per cent to 7.894 billion Swiss francs (559.788 billion) from 6.932 billion francs a year earlier. In local currency terms, sales rose 8 per cent in the first half. Sandoz said its
        62 words
      • Article
        Bristol-Myers' profit down 0.3pc
        62 7 NEW YORK Bristol-Myers Squibb Co, one of the nation's biggest drug and consumer-products companies, reported a 0.3 per cent decrease in second-quarter earnings on Monday. Bristol-Myers earned US$4BB million (Ss7Bs million), or 94 US cents a share, in the second quarter after taking a charge of
        62 words
      • Article
        Coca-Cola share repurchase
        48 7 ATLANTA Coca-Cola Co said its board has authorised the repurchase of up to 100 million common shares through the year 2000, a transaction worth about US$4.O9 billion (556.58 billion) at Friday's closing price. The soft-drinks manufacturer has repurchased more than 400 million shares since 1984.
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      149 4 W'-t IN THE MMHOff PAGES g Nikkei crosses 16,000 again 28 S'pore fall continues 22 Now there's no limit to your growth with our money-spinning solutions. When it comes to business growth, you can find your Naturally, we Ye staffed by specialists. They're ready profits spiralling to the top with
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      7 4 #A small but significant stem P& 12
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      470 5 Jr I I M M OKI PLAIN OKI PABX&KEYPHONE SYSTEMS I|Mh m MM After 10 years of opening new lines of jfif This certificate entitles you to substantial communication, we can tell you the most savings on your OKI equipment maintenance profitable way to enjoy peace of mind. We'll //^/csi9
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      160 6 ACMA Mobile Splif-AircondHioner Makes Coolness a Moving Experience. Now you can stay cool wherever you are with the Acm SP 2200 Mobile aircondi turner. Compact and wheel-mounted, you can move it anywhere from room Co room, office to office. And with 8,500 BTU, the Acma SP 2200 can cool any
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      311 6 =5 SAN TEH LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING =Z NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting will be held at San Teh Industrial r Building. 100 Eunos Avenue 7, Singapore 1440 on 19 August 1992 at 3.00 p.m. for the purpose
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Transamerica puts unit on sale for US$800m
        77 8 SAN FRANCISCO Transamerica Corp said on Monday that it will divest its property and casualty insurance business through a sale or spinoff. Analysts said Transamerica is seeking at least US$BOO million (S$ 1.2 billion) for the business but may be forced to lower
        77 words
      • Article
        Kohlberg plans to acquire thrift
        74 8 GREENWICH, Connecticut An investor group led by Kohlberg Co signed a letter of intent to acquire 90 per cent of Carteret Savings Bank, a New Jersey thrift, for up to US$2OO million. The agreement could rescue Carteret, New Jersey's largest thrift, from the brink of
        74 words
      • Article
        Bank expansion not for all
        67 8 CAMBRIDGE, England Not all banks should try to expand across the European Community, even with the implementation of measures meant to make it easier for them to do so, a conference on EC regulation here was told on Monday. Walter van Gerven, Advocate-General of the
        67 words
      • Article
        Convictions in savings scandal
        62 8 WASHINGTON The Justice Department said on Monday that it has charged more than 1,100 people so far in nearly four years of prosecuting the savings and loan scandal, winning 905 convictions but less than half a billion dollars in restitution. The Department said 905 of 1,188
        62 words
    • Article
      Lock icon Credit Suisse to move into new areas in US
      145 8 Reuter NEW YORK Credit Suisse, a banking unit of C S Holding, sees growing profits from its US unit and plans to actively enter new businesses such as leasing. "We plan to establish an active US leasing presence by autumn jointly
      Reuter  -  145 words
    • Article
      Lock icon UK govt acts to halt damaging rise in interest rates
      404 8 Treasury cuts rate on national savings bonds Reuter LONDON Prime Minister John Major's troubled government acted to stave off a damaging rise in interest rates for millions of homeowners by cutting the rate on a controversial issue of national savings
      Reuter  -  404 words
    • Article
      Lock icon Sakura Bank to issue US$800m bond
      212 8 FT TOKYO Sakura Bank, a leading Japanese commercial bank, is preparing to issue US$BOO million (551.29 billion) perpetual subordinated bonds in the international market to shore up its depleted capital base. The move is likely to herald a wave of similar issues by other
      FT  -  212 words
    • Article
      Lock icon BankAmerica reports US$240m profit
      474 8 Reuter LOS ANGELES BankAmerica Gorp said on Monday that it earned US$24O million (SS3B7 million) in the second quarter the first results since it merged with Security Pacific Corp to create the nation's No 2 ranked banking company. The earnings, which equalled 63 US cents a
      Reuter  -  474 words
    • Article
      Lock icon Luxembourg judge withholds key ruling on BCCI
      275 8 Reuter LUXEMBOURG A Luxembourg judge has withheld a key ruling on Bank of Credit and Commerce International SA, saying she is concerned whether creditors would benefit from a proposed compensation plan. A creditors' representative welcomed the move on Monday, which is expected to
      Reuter  -  275 words
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      153 8 LEE KUAN YEW DISTINGUISHED VISITORS PROGRAMME H THEME LECTURE SERIES H H "Emerging Issues In Business" H National University of Singapore Presents A PUBLIC LECTURE H I PROFESSOR HOWARD STEVENSON H Lee Kuan Yew Distinguished Visitor The Entrepreneurship in A the 90s; Why Now? J/ —J Dale Wednesday LTII 22
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      207 8 18-Hole Golf Course, For That Renaissance Stroke. -r »"9"W m. 3 J k. i-^i^H *?Vr n -'Tfc Mir'Thrf' i^iiiißfl^^^BH^^^^^^^^^^BSMSHHK9w^BlHß AH golf package tariff Welcome to one of the world s finest getaways. A wonderful induce of: paradise Of 5-Star luxuries where you Accommodation Green fees Breakfast can take delight in
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      144 9 A better understanding of derivatives often leads to an enhanced investment yield. Today, sophisticated investors are using derivatives to enhance returns in a variety of ways. By hedging downside risk. By combining risk protection with upside potential. By making tactical adjustments without having to buy or sell securities. You can
      144 words
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  • THE REGION
    • Article
      Lock icon Malaysia's graft-fighting agency flexes its muscles
      391 10 AFP KUALA LUMPUR Malaysia's Anti-Corruption Agency (ACA) is promising to go as high as the Prime Minister's Office if necessary as it conducts an unprecedented investigation of a flamboyant minister. Analysts said the powerful ACA flexed its muscles when it issued a 30-day ultimatum
      AFP  -  391 words
    • Article
      Lock icon NFPEs urged to raise their own funds
      353 10 MBT KUALA LUMPUR The Non-Financial Public Enterprises (NFPEs) should review their financial structure and tap the financial markets more effectively as the government's allocative budget mechanism becomes market oriented. The government's current financial stance implies that NFPEs will have to increasingly develop their
      MBT  -  353 words
    • NOTE BOOK
      • Article
        UN may deny world aid to Khmer Rouge
        71 10 UNITED NATIONS The Security Council is considering resolution that would deny international aid to the Khmer Rouge guerillas if they persist in defying a UN-sponsoretf peace agreement for Cambodia. Diplomats said yesterday th«if they expected the resolution, drawn up by the US,
        71 words
      • Article
        Thai foreign reserves up
        87 10 BANGKOK Thailand's foreign reserves of gold, special drawing rights and convertible currencies rose to the record high of US$l9.BB billion (Ss32 billion) at end-May fron* U5519.33 billion in April and U5516.05 billion a year earlier, the Bank of Thailand said. The May reserves eluded U*****.3 million
        87 words
      • Article
        Jakarta's new credit rating
        91 10 TOKYO Standard and Poor's Asia Ltd said on Monday it had assigned a triple-B-minus credit rating with a posi tive outlook to Indonesia's senior long-term external debt obligations. "The positive rating outlook reflects the likelit hood that conservative Financial policies, combined with continued export growth, will
        91 words
      • Article
        Kelantan's broadcasting plans
        73 10 KUALA LUMPUR Malaysia's opposition-run Kclantan state yesterday announced plans to set up its own broadcasting station after its chief minister, Nik Aziz Nik Mat', was denied air time by the federal government. Mr Nik Aziz said in Kota Baru. the capital of the eastern state, thart his
        73 words
    • Article
      Lock icon Viets, Thais to discuss oil exploration
      229 10 AFP HANOI Vietnam and Thailar. 1 have agreed to hold technical talks on joint oil and gas development in areas of the Gulf of Thailand where their territorial claims overlap, diplomatic sources said yesterday. The sources described the agreement as "the success story" of
      AFP  -  229 words
    • Article
      Lock icon Indonesia is not a forest killer, says timber king
      422 10 Reuter BOGOR, Indonesia Indonesia's timber king Bob Hasan on Monday denied that his country was raping one of the world's last great rain forests, saying the accusation came only after the government banned log exports. "In the 1960s we were selling
      Reuter  -  422 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1716 10 HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at the East India Rooms, Rattles Hotel on Thursday, 13 August 1992 at 11.00 a.m. to transact the
      1,716 words
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  • THE WORLD
    • Article
      Lock icon Canada may remain a barrier to North-American free-trade deal
      437 11 Reuter OTTAWA Canadian officials on Monday cast doubt on the completion of a North American free-trade agreement, saying difficult issues remain to be settled. "Canadian interests have to be met at the negotiating table on a number of issues," Michael Wilson,
      Reuter  -  437 words
    • Article
      Lock icon Russian industrial output down sharply in first half
      268 11 Reuter MOSCOW Russia's industrial production was sharply lower in the first six months of 1992 compared with the same period last year and all major sectors were hit hard, a new batch of government statistics show. Figures from the State Committee on
      Reuter  -  268 words
    • Article
      Lock icon Miyazawa confident he can fix economic slump
      161 11 Reuter TOKYO With just six days to go before Upper House elections, Japanese Prime Minister Kiichi Miyazawa assured the public on Monday that he could reverse the domestic economic slump. Mr Miyazawa also told a group of businessmen that he was willing to
      Reuter  -  161 words
    • WORLD WATCH
      • Article
        Guangdong economy up 13pc
        87 11 BEIJING The economy of Guangdong, China's richest province, grew by 13 per cent in the first half of this year compared with the same 1991 period. The sales value ol industrial products was 112.89 billion yuan, up 25.5 per cent, while retail sales surged 19 per
        87 words
      • Article, Illustration
        Prince Naruhito meets Curro
        34 11 SEVILLE The heir to the Japanese throne, Prince Naruhito, was greeted by the Expo 92 mascot "Curro" during his visit on Monday commemorating Japan's national day at the world's fair.
        34 words
      • Article
        Foreign firms not cheating US
        64 11 WASHINGTON There is no evidence that foreign companies working in the US cheat the Internal Revenue Service (IRS), despite US politicians' claims of a US$3O- tax scam, said a report released on Monday. The study was conducted by accounting giant K.PMG Peat Marwick for the
        64 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      303 11 WEST PERTH'S PUBLIC M GATEWAY LOCATION i m 1050 Hay St., West Perth, Western Australia. AUGUST, 1992 AT 11 00AM ON THE PREMISES JV Available for immediate occupation. Approximate N.L.A. 2192 sqm. over two levels, four modules with potential to c® strata title. For brochure and/or inspection contact: Alan Jonea
      303 words
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  • Article
    A small but significant step
    504 12 EDITORIAL THE Stock Exchange of Singapore's decision to extend trading hours from July 27 seems to have flummoxed the broking community. Many stockbrokers have questioned the decision, citing the uninspiring level of investor interest and volumes on the local bourse this year. Their cynical response
    504 words
  • WHAT THE OTHERS SAY
    • Article
      Singapore's saving grace
      232 12 That a high savings rate is accepted as central to Singapore's economic well-being is reflected in the Government's swift restoration of CPF contributions to the optimal long-term rate as soon as the economy permitted. But the strength from these savings is not just because they are now
      232 words
    • Article
      Call for more autonomy
      175 12 THE EXPERIENCE gained from the setting up of independent schools can be a useful reference for the ministry's plan to give government schools more autonomy. Firstly, government schools are basically different from mission or aided schools. They are responsible for providing a high standard of education
      175 words
    • Article
      Teens and sex
      108 12 SEX poses a sort of curiousity to our impressionable young people. This is natural. While sex education is important, we should bear in mind what to teach and the approach as we are basically an Asian society. It should be sex education and responsibili- ty. Perhaps to
      108 words
  • REGIONAL VIEWPOINTS
    • Article
      A glimmer of hope?
      132 12 US SECRETARY of State James Baker's visit to Israel will be successful if he can assure Yitzhak Rabin that as the Prime Minister, and as the most popular one in recent memory, he should adhere to the words of his maiden speech in convincing Israelis to
      132 words
    • Article
      HK's 'green' problem
      181 12 POLITICAL CONSIDERATIONS, as well as financial drawbacks, may encourage the Hongkong government to steer a wide berth around the Rio summit and all its works. One of the most positive outcomes from it was the formation of an International Task Force of non-government organisations, numbering some 500
      181 words
    • Article
      Challenges facing KTM
      194 12 IT IS heartening to note that KTM has taken a few giant steps in modernising the railway. The dual track project, proposed electric multiple units, purchase of new coaches and the re-laying of the tracks reveal the seriousness of the management in making its services a hit
      194 words
  • Article, Illustration
    Lock icon Battle for Bundesbank news gets fiercer
    746 12  -  As the influence of the Bundesbank expands, news conferences of the German central bank have become anything but calm. Erik Kirschbaum reports Erik Kirschbaum Reuter THE German mark anchors the European Community's currency grid, an island of relative calm in a turbulent world foreign
    Reuter  -  746 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      327 12 |T§] J lii m if] 11 »J 1 j IIiiTWMIM/ililß j IB■_|VAV I I M I V A I The National Kidney Foundation (NKF) is currently supporting over 320 JamOf Organised Bj: kidney patients in 5 state-of-art dialysis centres throughout Singapore. At a I highly subsidised cost of between $500
      327 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      69 12 DOONESBURY GARRY TRUDEAU I IM&fTBeJNGWUCTO BUT THEN I GOT STRE92D WHAT frf blMilW PR/NO PUS, UJHM OUT OWt TT. 1 H&N, MS CO YOU eftf" iliHllr nm TUUN6MB THAT A6l J PtAMf B&NG PRINCIPIW THINK, < CflHWe N6T PBOFTT POSITION MJAStTT 0* WAS I JUST 6&eCV?~ GKXJP 7 2 TAAAOOUT
      69 words
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  • ANALYSIS
    • Article
      Lock icon Time region gets used to viewing Japan as a protector
      1084 13  -  China's recent moves over the Spratlys show why South-east Asia should encourage, not deplore, the development of Japanese naval and air power, says Philip Bowring Philip Bowring The writer is a former editor of the Far Eastern Economic Review IHT
      IHT  -  1,084 words
    • Article, Illustration
      Trade frictions send Japan soul-searching
      1255 13  -  In the face of increasing criticism and Japan-bashing, the Japanese are searching for a new framework of business behaviour, reports Harish Mehta Harish Mehta THE Japanese expression, "economic development in a flying geese formation", is a surrealistic description of how the outflow of Japanese capital
      1,255 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      204 13 1 1 Ipswich City Square Major tenants include is the premier retail McDonnell centre in this established Department city in the heart of \k J Wool worths South East Queensland, I Supermarket, just 40 kilometres west Errol Stewarts, of the Brisbane GPO. Korvette and Stores Excellent access to transport 79
      204 words
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  • THE LAW PAGE 1
    • Article
      Lock icon The rule of lawyers
      1428 14  -  More than ever, John Heilemann says, lawyers have to strike an equilibrium between being businessmen and professionals John Heilemann The Economist TO BE a professional, said Roscoe Pound, an American legal philosopher and former dean of the Harvard Law School, is to "pursue a learned art
      The Economist  -  1,428 words
    • Article, Illustration
      Just how far does the shareholders' word go?
      1295 15  -  In the light of the SIA bonus issue debate and the forthcoming AGM, Walter Woon examines the Companies Act to see... Walter Woon The writer is vice-dean of the Faculty of Law at the National University of Singapore THE excitement Is over
      1,295 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1258 14 H A aJBI I If A? M yl H" A' fl ißwn/rTSMfI s "°"ihg c rovoft. a7 k nm z&sxzszszzzs? Si «^££s.'"s TO( ■"S toa ■isss"—«•*-«« e xcellenl |A, eoppo(| ar, d tender docum' U details the be st. Unity to buy "■i&sSzs--*****88 m Bank off America NATIONAL TRUST AND
      1,258 words
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  • Page 15 Advertisements
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      53 15 hhs •warn ANY PROBLEM ■I GETTING YOUR NEWSPAPERS? ■I Call *****77 (SPH Circulation mhm Customer Services Hotline) for assistance or a homeBS delivered copy daily! bH| Tha Strait* Timaa Barita Mlnggu ■MIUI Tha Sunday Timaa UanHa Zaoßao Buainaaa Tlmaa LianHa Wanßao BBBi Tha Naw Papar Shin Min Daily Nawa BarHa
      53 words
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      Page 15 Advertisements Column 2
      435 15 along P^ §®©l?@fi^®l THE GUINNP3S RECORD «>« |NEED THE PO^ R 9 I OWN IN& THE MOST PWf ©®"K oP J V -fjj WORK ON r*lY NOTEBOOK. 1 /VOT6"BOOKS WHAT DO'DO, Ny^ rss^rsr*""'"~ »sssr. I i I s== (d *#tyZw\ L I 'UIOU<-DHAw£ J I I V My aiNOCUj-ARg. 1
      435 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      207 16 IHa Prestigious Ofhce Building Built With Tenants' An affordable location along Beach Road, f .-"J outside the Restricted Zone. *fc: 5 F/ex/b/e f/oor s/'zes to suit tenants' fc; space requirements. pi Designed to meet the most up-to-date B technological requirements. E 3 way underfloor trunking. flexible airconditioning system. heavy floor
      207 words
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  • SPORTS
    • Article, Illustration
      Lock icon Chioceioli celebrates by winning 15th stage
      518 17 Tour de France AFP ST ETIENNE, France Franco Chioccioli celebrated becoming a father by winning the 15th stage of the Tour de France cycle race on Monday. Chioccioli, whose wife gave birth to their second child Alesio on Saturday, broke clear 20 kms from
      AFP  -  518 words
    • Article
      Lock icon Chalk and cheese rivals
      518 17 Reuter ST ETIENNE, France Miguel Indurain and Claudio Chiappucci have as little in common as a Spanish bullfight and an Italian opera. But they are drawn together in a natural rivalry and mutual respect simply because they are the two best bike riders in the world.
      Reuter  -  518 words
    • Article
      Lock icon Olympic dream ends for Myers
      285 17 AP MADRID Sandra Myers, the Kansas native bidding to become the first Spanish woman to win a medal in the Summer Olympics, will miss her chance because of a nagging leg injury. The UCLA graduate, who took out Spanish citizenship four years ago, placed third
      AP  -  285 words
    • Article
      Lock icon Healing time for US gymnasts in France
      499 17 AP BARCELONA A week in southern France can work wonders on bruised egos and Olympic ambitions. "France was the best thing we could have done," said Steve Nunno, assistant coach of the US women's gymnastics team. Just three weeks ago, that squad showed
      AP  -  499 words
    • SIDE LINES
      • Article, Illustration
        Lewis, Burrell risk expulsion from Games
        162 17 BARCELONA US Olympic officials are trying to contact track stars Carl Lewis (right) and Leroy Burrell to tell them they are breaking the Olympic Charter and risk expulsion from the Barcelona Games. The two sprinters have signed contracts to write articles for the European
        162 words
      • Article
        Lopez to meet Sampras
        90 17 KITZBUEHEL, Austria Unseeded German Lopez of Spain got by countryman Alex Corretja on Monday for the chance to face second-seeded Pete Sampras in the second round of the Philips Head Cup men's clay-court tennis tournament. Lopez rebounded to win 6-7 (1-7), 6-3, 6-2 in firstround play
        90 words
      • Article
        Chesnokov beats Kempers
        54 17 HILVERSUM, Netherlands Fourth seed Russian Andrei Chesnokov came from behind and defeated Dutch wild-card entry Tom Kempers 3-6, 6-3, 7-6 (7-2) on Monday in the first round of the Dutch Open tennis championship. Eighth-seeded Argentine Guillermo Perez-Roldan had less trouble with hfe Danish opponent, Frederik Fetterlein. whom
        54 words
      • Article
        Connell's ups and downs
        78 17 TORONTO Grant Connell's first appearance at the Planters Ltd International tennis tournament in two years Monday was a roller-coaster ride. The 26-year-old Vancouver left-hander swept American qualifier Richard Schmidt 6-X 6-4 in his first-round singles match. But the thrill of victotj was short-lived. A couple of
        78 words
    • Article
      Lock icon Javelin thower's status unclear
      302 17 AP JOHANNESBURG Sports officials continued wrangling on Monday over whether javelin star Tom Petranoff would represent South Africa at the Barcelona Olympics. The American-born PetranofT has taken South African citizenship and was considered a certain pick for the track and field squad. But at ceremonies on
      AP  -  302 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      16 17 ANDGET FAST EFFECTIVE RELIEF! Sole Distributor: Summit Co (S) Pte Ltd Available at all leading pharmacies.
      16 words
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      Page 17 Advertisements Column 2
      158 17 A two day conference on new challenges, frontiers and investment updo* for Asian investors. PANEL OF SPEAKERS A distinguished pone) of speakers representing bom the private and public sectors, major corporations, banks and industry leoders both from South Africa and the Asian region will address the conference. Mr Peter Botha,
      158 words
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      Page 17 Advertisements Column 3
      286 17 EMERGING OPPORTUNITIES IN 28-29tfi September 1992, The Mandarin Singapore INVESTING IN THE NEW SOUTH AFRICA New opportunities for tri lateral trade (South Africa/SE Asia/ Africa) Understanding the financial and legal issues of doing business in South Africa Current political and economic outlook and its impact on foreign investment The role
      286 words
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  • LIFESTYLE 1
    • Article, Illustration
      Liz Taylor raps Bush over Aids problem
      477 18 :f»CHiWnKBOX ELIZABETH TAYLOR had sharp criticism for US President George Bush during an appearance on Monday at the world's largest Aids conference in Amsterdam. "I don't think President Bush is doing anything at all about Aids," she said. "In fact I'm not even
      477 words
    • Article, Illustration
      Lock icon Out-foxing the movie moguls
      1027 18  -  Media tycoon Rupert Murdoch talks to Bernard Weinraub about his move into Tinseltown Bernard Weinraub NYT RUPERT Murdoch slouches on the sofa of his surprisingly spare office at the Fox Studios near Century City in Hollywood, saying with a faint smile that his voyage into the
      NYT  -  1,027 words
    • Article, Illustration
      Rebels with a cause
      698 21  -  The Necessary Stage goes back to its roots by collaborating with the NUS Theatre on a new play. Cheryl Liew reports Cheryl Liew IS IT better to live on your knees or die on your feet? That seems a question only zealous revolutionaries in war-torn countries
      698 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      499 18 mita, ipi <vi;.vi Wednesday. June 24. 199? 7?« P > MfKIl I Bill of Richts leads 1 Viets may catch up with in I, J^j h ,,„aa«„l f j l b»u» Jn t I Business Times harnesses both local and regional news, presenting analyses vital for reservations to world-famous performances;
      499 words
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  • Page 19 Advertisements
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      120 19 ft.' ■j* i > I t I J I k L I k I I Mi I i !i i i ,L ifT j I I I I I' f0 i SB 1 -N(Jee Ann City f < \For Intelligent Businessmen Who Never Compromise, > S: An Office Building That's
      120 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      724 20 Nothing Beats A Bud ~KINO QF 'ZkyH *7ime O p9H Penang High Tea Penang Fligh Tea conics to missed specialities are: ChyeTow Kueh, fe-*£ V «d J] Glutinous Rice, I *$9 MM V-iJI Kueh Pai Ti, Chee Cheong Fun, At only $11.80++ per Nonya Kueh, ac u t ant 56.80+
      724 words
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      Page 20 Advertisements Column 2
      205 20 WHERE TO WINE, DINE... JOIN THE PUSHEtS ANOHAVEAMU Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at $3 a glass and $12 a jug are about the best offers smx... Happy Hours
      205 words
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      Page 20 Advertisements Column 3
      179 20 ,a t no of demanding dkners.To guarantee your place amongst ttie discerning, make I 3 Orchard Koa« Singapore 0923 Tel ***** M -f ASEAN Buffet I: II Dinner Nightly <6 30pm to 1000pm) I 11 Lunch Sunday Public Holiday Mont 0 ss t I $14.50** (adult) $10.00** (child) Choice of
      179 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      550 20 TELEVISION AND RADIO 1-m 1 9.00 News at Mm. BJO National News (M). the nresident z-m&ML 5 UIC pivaiuwii 7J$ llJt cw) srs*£:r<s£ S&?wi3n£ws 1 m» U T J or f f" 8 in h Financ,al News ifl][h l >• <m Indian dsnccr and marry* M aa c wiac mentary)
      550 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      254 21 AND ENTERTAIN 9 mi i 9 i SUMPTUOUS SEAFOOD I I The freshest Catch-from-the-sea prepared in authentic ASEAN-style. Buffet Dinner is available nightly from 8 31 July 1992 7.00 pm to 10.30 pm ANA HOTEL For reservations ple.se call I 732-1222 ext 1700 "mCW (65) ?32 1 222 I I
      254 words
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      Page 21 Advertisements Column 2
      62 21 ■T MINTON Th Raataaraat 1 oc on IwmclA tempt yoiAt* client wHK omi" fiAadras Steak/ C\r\WeA Norvjecyari Salmon a*td mmcK rnor'e f»«om out* extensive ala caHe spread. jAt pcices even you»* accowhtawt will be pleased wHkl Jt's at Mian's, Kigkt in tke kea*of Road. Also availably Executive Set LuncK from
      62 words
    • Advertisement
      Page 21 Advertisements Column 3
      74 21 J m jk F -M __^_—-J——m a A /f you're an expert in your field you'll know that we're the expert in ours. UH^' THE BEST TOE, CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828 I- tr,c n, apc mnvTnv mi M TAPS PUB t BOAT UUAYi KXCLUSIV st. (BOAT
      74 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares continue to fall, trading active on Clob
      4196 22  -  By William Chia SHARE PRICES on the Singapore stock market continued to fall yesterday with investor interests still focused on speculative Malaysian shares traded on Clob International. The modest rebound in Tokyo, which saw the Nikkei Average closing 117.93 points up at
      4,196 words
    • Article, Illustration
      Lock icon HOT STOCK
      69 22  -  By Quak Hiang Whai Comment AFTER climbing sharply from March, PJ Development got caught in a congested area which it finds difficult to break out of. Short-term indicators show no signs of a breakout but lower bottoms on weekly stochastics could be a bearish sign. A decisive break
      SOURCE: BRIDGE INFO  -  69 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3030 23 DBS 1150 +10 +0.9% Khong Guan 259 +9 +3.6% ZLae Kim Tah 50« 93 +4V? +5.1% -Otem Ind 388 +4 +1.0% LKH 50» 135 +3 +2 3% EfLS Wt 142 +2 +14% ill Securities 79'/? IV? +1.9% Causeway Wt 17 +1 +6.2% Chuan Hup 121
    3,030 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      132 23 YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press I foldings' inforich database financial statements highlights, graphs, latest results team: T. S. laii on 740 1035, Hazel Ong on 740 1771 or on Teleview, which incidentally is the most advanced and company news. Chia 1033. videotext system in the world.
      132 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2853 24 Berjaya Leisure 175 +53 +43.4% Berjaya Ind 76V? 2V? +36.6% Beriava Group 78V? +11% +17.2% MUI 178 +10 +6.0% M Mosaics 95 +9 +10.5% TDM 75 +8 +11.9% M Resources 92 f7V? f8.9% Innovest Bhd 48 +7 +17.1% Lien Hoe 88 +7 f8.6% Antah Hldgs
    2,853 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      163 24 PERSONAL INVESTING FINANCE SUPPT-rawißNT '98 A Special Business Times Survey July 23,1992 Bank deposit rates have plunged to one of their lowest levels. Banks and finance companies in Singapore are paying peanuts for such deposits; in some cases they are not even enough to cover the rising cost of living.
      163 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks firmer as players search for bargains
      5393 25 Bernama RETAIL players moved into the market for bargains yesterday after the recent weakness, chasing prices to a firmer close in feverish trading. Many situational stocks posted handsome gains on strong buying support but dealers felt the interest was speculative as the market
      Bernama  -  5,393 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      271 26 Company Date Yaar tap M Nat aan*n» Grass ana to praflt/toss (L) par start Hw< (*Mt) (canto) MC HUp M 17 Mar 92 HK$182,755($197,832) 52(56 40(40) Roth Ms M 10 Mar 92 $33.451u($45.747) 29 2(39 9) 50(65) GB HUr M 10 Mar 92 $4,166(16.776) 6 1(99) 10TE(10TE) Metro
      271 words
    • Article
      PRELIMINARY RESULTS
      194 26 C—uny Date Yur 6rwp pre-tax Itet earnings Gross ami to profit/toss (L) par star* +Mmi ('•M) (cants) GP Batteries Jul 2 Mar 92 $15.492($14.186) 41 3(47 9) 18 8TE(17 6TE) Pelangi BM Ml Mac 92 MJ37 824< 522.583) 11(9) 15(10) Pertama tan 30 Mar 92 14.456(12.647) 4 9(39)
      194 words
    • Article
      INTERIM RESULTS
      169 26 Company Date Half-year Creap pre-tax Niter** aim to prallt/lass (L) dividend ('000) C Properties M 15 iun 92 18.203(15.029) 25(20) M Cement M6 May 92 MJ36 539(137.272) 18(16) Asia Pacific Jw 26 Iter 92 $63.038($59.214) 14N(10N> F&N Jvn 26 Mar 92 $99,550(189.232 9 2(9 2) Pacific Can Mm
      169 words
    • Article
      RESULTS FORECAST
      99 26 Mitari 1st M 1m Hrtmk Mi M MM m m* Urn m tnm praft tap tap Cam PM Wir (eh) ff«N) (Sta) (cts) CM latUtar Pwecast tak M MPnft m mad 1m EW Mat pnft tap tap taw taw tar (cts) (ram m MM F Apr 30 Dec
      99 words
    • Article
      OTHER RESULTS DUE
      704 26 MM MM It* ttmm NM tar EPS ton M M ym isnm BB Fral Nov 6 M 91 3 OTt 17.8781 Ctapafci Intern Jul 11 Dec 92 23 1 50 0 6.943 Hot Hhm Intenm Jul 24 Dec 92 108 4.003 w Mtat interim Jul 29 Dec
      704 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      615 26 Tract IU|itttrt4 SaMntiil B*y/ Ite. af Aawaat MMlMh| Slack Date tlitiir SluraWtaar/Wractar Sod sham Bafara Altar Tat Ice Bank 16/07/92 DBS Nommees (Pte) Ltd DBS Bat* B 18.000 56.078 22.999,882 13 30 ",017,882 13 31 SPH 16/07/92 0C8C Ltd S 51,000 425,850 22,421.532 9 22 22.370.532 9
      615 words
    • Article
      DIVIDENDS ANNOUNCED
      751 26 Carrsat Ex Beeks Mi TiW tar Mri tar Hji it MM dm milli IM jaw last yaar Nn Hdp SOc 6%<b) A* 26 Sep 7 Sep 24 6% 6% %k«I 25c 10% Au| 21 An 27 Sep 10 10% 10% Apalo 2 5% km 3 kin 16 kd
      751 words
    • Article
      CORPORATE DEVELOPMENTS
      760 26 Jii 20 Straits Steamship Land and Parco have formed a joint venture to operate shopping centre in Bugjs junction. L&M Group fcimtmenl* Ltd's subsidiary, L&M International Pte Ltd, has won a contract to build a shopping centre in the Best World project, in iohor Baru. Eu Yan Sang
      760 words
    • Article
      APPROVED ISSUES
      459 26 C—pif Rights Issue DtC Badi One-tor two MSI ?S pet share b<Jatf ton 2 Books dose ton 17 togWB t Paymer* M 30 EiTatav Threes* one SI 05 per stare b<tote ton 17 Books Ckae ton 27 Acceptance I Payment Aug 3 MM Three tor kw at MSI
      459 words
    • Article
      PROPOSED ISSUES
      494 26 Mwca Tadi ttetar-aw SLOP par tera. tote 9M One-for-three MS2.20 par tere hM«fni.gi»5ncBii<i>ii MCh 1912/97 (CITS) tato 19 to 2116m Tnreferatte Subacnptam Rgds (TSR) tor w avvpto pnce of MSI par CVS mil one TSR, w toe bns of mi CUPS wto one TSR tor tmy tow Mi.
      494 words
    • Article
      COMPANY MEETINGS
      134 26 PJ Development takings Bhd: EGM at No .21 23, Jatan Hussein (Ground Floor), ***** Ipoh, Perah Darul Rxfruan, Malaysia, on Thursday, July 23, at 10 30am Trmnorco Ltd: AGM at 65 Chuka Street #33-00, OCBC Centre, 0104, on Friday, July 24, at 11.30 am Mrtv takings Lid; 19th
      134 words
    • Article
      SCRIPLESS CONVERSIONS
      117 26 O T- J v ouTtnioi 9pcuH i rag OU^kh 9 I Ji* TmJUm twrCTwOI IQMHK rnwl 1 nn^ C Bmpny starts (I DP) (ST) starts Anscol Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 ANA Hauls Jul 31 Aug 27 Aug 17-Aug 27 Aug 2S Ea
      117 words
    • Article
      RECORD HIGHS & LOWS
      106 26 RECORD HIGHS LOWS BT Composite Mex ST Mostriote Mex 1992 1* *****8 (21/2/32) J* Jg* 1992 tar *****1 (9/4/92) J* J* J*** 1991 ft* *****8 (3/6/91) J* 3/6/9 1991 tar 1022.52 (16/1/91) J*J J* JJgg 1991 ft* 1435.43 (16/7/90) J? SJJ* w22R 1999 1m: 981 07 (09/11/90) £35! !1(/K2 M-ta*l*t
      106 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      302 26 la local car la S$ la US$ dy yr dy yr ty yr Jaly 20 Index cfcgc ckg ckft dy ck»e c%c World 372.2 -1.9 -8.8 -1.7 -8.1 -1.7 -7.6 JEAFE 431.3 -2.8-14.1 -2.2-12.1 -2.2-11.5 Europe 401.7 -2.6 -2.3 -1.9 2.0 -1.9 2.6 Pacific 612.3
      302 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end lower on technical correction
      1862 27 Reuter TRADE was active in smallcapitalisation shares but the stock index finished lower on a technical correction yesterday, brokers said. The SET index fell 4.67 points to close at 754.25 on a turnover of 7.35 billion baht. Declines led advances 123 to 93. "It
      Reuter; Source: Bridge Info  -  1,862 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Brokers expect market to be quiet this week
      1002 27 SHARES tended easier yesterday hut trading was very quiet and bropredieted it will stay that way •for a while. "There are more sellers than buyers. Sentiment is a bit weak. The index will probably ease over the next month and foreigners are
      Source: Bridge Info  -  1,002 words
  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Moderate turnover for 'B' shares
      342 27 Credit Lyonnais Securities Asia THE CLSA Shanghai A Index continued its downward trend for the third consecutive trading day to close at 8.487. down 1.6 per cent. A new cross provincial "A" shares. Jinbei Automotives is likely to be listed in Shanghai by the end
      Credit Lyonnais Securities Asia  -  342 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      51 27 Csuch 3 market far cWo«ce jot*; ox j Any Job. Any Career. /7 Available Any Day. Any t,me anywhere. jT IMF SrnAin Timrs the Sunday timcs Busimss T)mks j I I l|fl(f' r \?/f iAiL-» Tint Nrw papkr Lianhc Zwmao Lianhc Wanmo Z SHIN Min Daily News BemtA Marian Berita
      51 words
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      Page 27 Advertisements Column 2
      9 27 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER
      9 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks recover above 16,000 level
      2607 28 Reuter STOCKS staged a modest technical rebound after Monday's heavy declines and the 225-share Nikkei Average closed up 117.93 points or 0.74 per cent to 16,002.41 yesterday. Bargain hunting by investment trusts also helped lift prices, but sentiment remained flat, brokers said. The broader first
      Reuter  -  2,607 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices rebound on active HSBC shares
      2547 28 Reuter SHARES ended moderately higher in choppy trading yesterday, on a rebound led by strong buying interest in HSBC Holdings after its Marine Midland Bank unit reported a turnaround in first half results on Monday. The blue-chip Hang Seng Index rose 23.95 points to
      Reuter  -  2,547 words
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  • REGIONAL STOCK MARKETS
    • NZ shares still well supported, index up
      • Article
        NEW ZEALAND
        352 29 THE New Zealand share market bounced back from its Monday pummelling to be higher at the close yesterday, although interest in NAB's offer '.fbr the Bank of New Zealand helped distract the market in moderate late trade. I Caville White Securities' Don Tur'.kington said the market's resilience con;firmed
        352 words
      • Article
        MANILA
        577 29 SHARE prices closed lower in lacklustre trade yesterday as investors either stayed on the sidelines or shifted to secondary issues, brokers said. The Manila Stock Exchange Composite Index slid 19.96 points to close at 1,433.04. Brokers said selective buying of non-index shares indicated investor sentiment remained positive. "It means
        577 words
      • Article
        TAIPEI
        528 29 BARGAIN-BUYING at the lows pulled Taiwan stocks up to end slightly higher yesterday, but brokers said a lack of confidence would keep the market weak. The Weighted Index, which was down more than 70 points in early trade, ended 11.43 points up at 4.159.02. Turnover was a moderate NT523.73
        528 words
      • Article
        SEOUL
        785 29 THE depressed Seoul market staged a technical rebound yesterday, reacting to recent four-and-a-half year lows, but brokers said the market had only temporarily escaped falling through the 500 level. "The market has bounced after continuously hitting lows. The rebound is likely to be maintained for several days." Daishin Securities
        785 words
      • Article
        Untitled
        53 29 IINDiCES TURNOVER Close PreTMMB JuK 21 NEW ZEALAND NZSE-40 Capital 1.560 08 1.555 5.08 MANILA Composite Index 1.433.04 1.453 -19.96 Turnover (mil pesos) 371.6 215 156.6 TAIPEI Weighted Pnce Index 4.159.02 4.147.59 11.43 Turnover (NTS billion) 23.73 22.88 +0.85 SEOUL Composite Stock Index 511 84 505.30 +6.54 Turnover (billion won)
        53 words
  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Rally in Tokyo helps stocks to recover
      2113 29 UPI PRICES recovered a modest amount on the stock exchange yesterday helped by a similar turnaround in Tokyo, brokers said. After falling 24.6 points on Monday, the All Ordinaries Index regained 4.3 points to finish at 1,609.2. The industrial end of the market
      UPI; Source: Bridge Info  -  2,113 words
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  • WORLD STOCK MARKETS
    • US stocks fall sharply again
      • Article, Illustration
        NEW YORK
        1313 30 WALL STREET stocks took a pounding on Monday as fears mounted about earnings, sharp losses overseas and the outcome of the presidential election. The Dow Jones Industrial Average ended down 28.64 points at 3,303.00, up from its low point during the day but still symptomatic of Wall Street's
        1,313 words
      • Article
        Untitled
        392 30 Other markets in Europe, South Africa and Canada Trust 7750 Un Steel 25 Usko II 5 Woojtru 5400 unch MININGS Anglos ***** -275 Angvaal 7800 100 Buffels 2450 unch Charter 3700 25 Con Gold 2550 Consmurch 135 unch De Beers 7825 375 Dries 4425 25 ERPM 850 25 Elsburg 175
        392 words
      • Article
        Untitled
        73 30 INDICES TURNOVER July 20 Close PwvtaB NEW YORK Dow Jones 3,303.00 3.331.64 -28.64 SAP 500 413.75 415.62 -1.87 Turnover (million) 165.7 187.5 -21.8 LONDON Financial Times 30 1.824.1 1.852.1 -28 FTSE 100 2,403.7 2,431.9 -28.2 Turnover (million) 4544 487.4 -33 FRANKFURT DAX Index 1,649.67 1,652.78 -3.11 AMSTERDAM EOE Index 287.64
        73 words
      • Article, Illustration
        LONDON
        759 30 THE London stock market fell sharply on Monday, closing at its lowest level since the April general election, even after rebounding in late trading as some bargain hunting took place. Dealers said shares were depressed by poor prospects for British economic recovery, fears of an interest rate rise and
        759 words
      • Article
        FRANKFURT
        289 30 THE Frankfurt stock market took a nosedive on Monday in the wake of a "mini-crash" in Tokyo, operators said, as the DAX spot trend index ended the day at 1,649.67 points, off by 3.11 per cent from the Friday close. The Commerzbank indicator ended the day at 1,884.30, down
        289 words
      • Article
        AMSTERDAM
        387 30 THE Dutch stock market was down about 2 per cent by midsession on Monday as all shares slid, led by dollarearners and planemaker Fokker NV. "The whole market is being offered lower, but the buying is not too heavy," one dealer said. Fokker fell over 8 per cent amid
        387 words
      • Article
        PARIS
        226 30 THE Paris bourse clawed back some lost ground but still finished sharply lower, with the CAC-40 blue chip index not far above its 1992 lows, dealers said. The index ended 33.88 points or 1.88 per cent lower at 1,767.90, its lowest close since Jan 3, 1992, when it finished
        226 words
      • Article
        ZURICH
        326 30 SWISS shares, still suffering with other European bourses from the Bundesbank's credit tightening last week, closed an active session almost 3 per cent lower. A brief technical rebound took the market off its lows but dealers said the further trend was unclear and much would depend upon Wall Street
        326 words
      • Article
        STOCKHOLM
        191 30 SHARES on Stockholm bourse closed sharply lower as market worries grew over the steadily weakening dollar's impact on profits at Swedish blue chip companies. Dealers said firms such as Volvo and Electrolux, with heavy dollar exposure on their income sides, dww the market lower. "Many investors who earlier hoped
        191 words
      • Article
        BRUSSELS
        107 30 THE Brussels bourse was closed on Monday and today for the National Day holiday. On Friday, the Bel-20-in-dex of leading shares closed 2.38 points lower at 1,170.84. Brussels July 17 Fraacs FOUWAJtD MARKET Acec 2550 Arbed 3900 100 Astur 504 Brascan 431 9 Canpac 460 6 Cock 157 unch
        107 words
      • Article
        TORONTO
        318 30 TORONTO stocks coasted to a moderately lower close after slowly recovering from an opening barrage of sell orders, traders said. Four sectors turned around late in the day to join gold shares 'Oh the positive side, reversing from earlier losses in 13 of the 14 sectors. The TSE-300 Composite
        318 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends lower in Tokyo on technical correction
      1230 31 REPORTS •Tokyo: The US dollar ended lower against the yen and the mark on a technical downward correction yesterday after Monday's sharp rises, dealers said. They said the US dollar's sentiment remains weak, but that they are unwilling to sell US dollars
      1,230 words
    • Article
      INTERBANK FOREX RATES
      394 31 Cross rates j»i> 2i USS SS MS Dm Yen SFr AS NZS liSS ***** 2 5000 1.4900 125.20 0.5227 1.3210 ***** 1.8215 0.6192 1.5480 0.9226 77 5232 0.3237 0.8180 0.8289 1.1279 MS ***** 0.65 0.5960 50 0800 0.2091 0.5284 0.5355 0.7286 Dm 0.6711 1.0839 1.6779 84 03
      394 words
    • Article
      MONEY MARKET
      535 31 "Interbank rates s$ Bid Offer Overnight 2 2 1/8 1-month 2 1/8 2 1/4 2-month 2 3/16 2 5/16 3-month 2 1/4 2 3/8 Overnight mode: 2-1/8 LiSS Bid Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 5/16 3 7/16
      535 words
    • Article
      Lock icon Recession stalls growth of Aussie corporate bond issues
      330 31 Knight Ridder SYDNEY The meteoric rise of Australia's corporate bond market since 1988 has stalled as the deep recession is steering players away from issuing new debt. According to Bain and Company Ltd, new issues in the domestic market slumped by 79
      Knight Ridder  -  330 words
    • Article
      FINANCIAL FUTURES
      1557 31 ■B EURODOLLAR < Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.52 96.53 96.52 96.53 iloo 1717 ***** Dec 92 96.09 96.10 96 08 96.10 5000 3711 ***** Mar 93 96.04 96.07 96.03 96.07 5700 3073 ***** Jun 93 95.73 95.75 95.71 95.75 2000 1422 4410
      1,557 words
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  • COMMODITIES
    • Article
      Lock icon Gold loses its shine for Japan's trading houses
      362 32 Reuter TOKYO Dull trade has taken the gleam off gold for Japanese trading houses, some of the world's biggest speculators in the gold market, industry sources say. "Many local trading houses, including our company, have trimmed gold dealing," said Masanobu Fujita, precious
      Reuter  -  362 words
    • Article
      Lock icon Russia trims harvest estimate, farmers continue protests
      298 32 Reuter MOSCOW Russia on Monday again lowered its estimate for the 1992 grain harvest and farmers showed no signs of ending protests aimed at boosting state grain prices. First Deputy Agriculture Minister Vladimir Shcherbak told Itar-Tass news agency that this year's grain harvest
      Reuter  -  298 words
    • Article
      Tin rebounds as buyers swarm into the market
      759 32 REPORTS THE PRICE of tin rebounded to close 15 sen higher at M$ 16.53 per kg on the Kuala Lumpur Tin Market yesterday on good buying demand in early trade. Dealers said in view of the sharp drop on the KLTM on
      759 words
    • Article
      PRICES
      1621 32 Rubber HAS Cimndity Ewfcaf (tirtarw darit a» at 1»») RSS 1 C—tract (S cents/kg) Qose Volume Open Month High Lou Sett (tonnes) Interest Aug 92 OW 000 143.50 100 2^50 Sep 144 00 143.50 144 00 375 5.050 Oct 143.75 143.75 144.00 150 4,050 Nov 143.75 143.50 ***** 450
      1,621 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      894 32 BUSINESS TJMMJE_S_ Toll free TW No 737 -0043 -Fax No: 734-3688 Bt JURONG CEMENT LIMITED (Incorporated in the Republic of Singapore) NOTICE Of EXTRAORDINARY GENERAL MEETMC Notice is hereby given that an Extraordinary General Meeting of the Company will be held at 2 finlayson Green, #03-08 Asia Insurance Building, Singapore
      894 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1121 33 City F1(M ETA FlgM HO City iTA I n» KaracM SQ417 0000 Ata Matt GA895 1300 1 GA983 1315 RMQ7 1fBU lilil«l<« Qf81 1955 QF82 2205 Itote ttwWi MH631 1520 MH630 0950 S0227 2245 umalm MH629 0035 MH602 0700 RTTS 1440 MH640 0005 SQ102 0730 ~1°±
    1,121 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A journey that's for the birds
      747 33  -  LETTER FROM HO CHI MINH CITY By Hilary de Boerr IT WAS when we visited the Roman Catholic church that the rumours began and the Vietnamese security men stepped up their vigil. Rumour had it that we had given the priest gold or hundreds
      747 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      154 33 As at 10am yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar t.2008 1.2172 Canadian dollar 1.3424 1.3700 NZ dollar 0.8768 0 8945 Sterling pound 3.0765 3.1183 US dollar 1.6110 1.6180 Local dollars to 100 mmks ot foreign cwreacy Austrian schilling
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      65 33 Duration Title Venue Organiser Tel Ai« 22-25 International Frankfurt. Messe Frankfurt (49)69/***** Trade Fair for Germany GmbH Consumer Goods Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Exhibition Services Sep 6-10 International Earis Court. Reed Exhibition 081-*****71 Duration Title Venue Organiser Tel Watch, Jewellery London Companies Ltd and
      65 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      41 33 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details W« know Europ* from «Urt to Ptaraih
      41 words
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      Page 33 Advertisements Column 2
      751 33 B U S I N E S j>_^LJ L _M_JE_S Toll-free Tel Ho: 737-0043 Fax No; 734 3698 at JURONG CEMENT LIMITED (Incorporated m Singapore) NOTICE Of MKTMC NOTICE IS HEREBY GIVEN that the N«seteenth Annual General Meeting of the Company be held at the Board Boom. #03 08 Asa
      751 words
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      Page 33 Advertisements Column 3
      368 33 SIME SINGAPORE LIMITED (tncorporoted in Singapore) LOST SHAM CERTIFICATE Share certificate no. *****3 covering 1.000 shares in the name of Tan Boon Kim has been reported lost, mislaid or destroyed NOTICE IS HEREBY GIVEN that a new certificate will be issued and the above original certificate will be deemed duly
      368 words
  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      286 33 1 No amateur ran without a ill I check not allowed 9 A French party which has to be open (4) 11 10 He's fired with enthusiasm the 12 Hit back with clever story 15 Capital security device for I women! (7) 16 A supporter wants to relax I I
      286 words
    • Miscellaneous
      Page 33 Miscellaneous Column 2
      164 33 Singapore Outlook: Shower* rnr a lew areas in the morning. Report: Maximum temperature 32.0 Assoc humidity 66% Minimum temperature 26.0 Assoc humidity 90% Hours of sunshine 9.00 Rainfall in mm 0.3 Rainfall this month. 148.7 Rainy days this month 12 World report Asia-Pacific Hi/Lo* Cowl. Auckland 17/12 Cloudy Bangkok 35/27
      164 words
    • Miscellaneous
      Page 33 Miscellaneous Column 3
      17 33 fl/WirCTSI TO? PfciOßiTN/. .PeNRLTy ußolm: ,onm€D,ftTe Ao* Si -ft 1 (J) tl CvCWNC $*A*OAAO CO lto v
      17 words
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  • Article
    Lock icon BA to pay US$750m for 44pc stake in USAir
    530 34 Proposed deal will result in world's largest airline alliance Knight-Rider Reuter NEW YORK British Airways has agreed to acquire 44 per cent of the overall equity of USAir for US$75O million (S$ 1.2 billion), which will create the world's largest airline
    Knight-Rider; Reuter  -  530 words
  • Article, Illustration
    Lock icon Mubarak accepts invitation to visit Israel
    405 34 EevDtian leader believes he can do business with Rabin Reuter CAIRO Egypt and Israel held their first summit meeting for six years yesterday, hoping to breathe new life into the search for a lasting Middle East peace settlement. Egyptian President Hosni Mubarak later told
    Reuter  -  405 words
  • Article
    Lock icon Aide to Watanabe pressured Indon govt to award project
    318 34 Knight-Ridder TOKYO New evidence reveals that an aide to Japan's deputy prime minister pressured the Indonesian government into awarding a major construction project to a consortium linked to the minister, according to a story in the San Jose Mercury News. Japan,
    Knight-Ridder  -  318 words
  • Article
    Lock icon Muoi retains seat in Viet assembly
    214 34 AFP HANOI Communist Party general secretary Do Muoi retained his National Assembly seat with 80 per cent of the vote less than a local professor who is descended from Vietnam's royal family, according to results announced yesterday. Mr Muoi, with 80.29 per cent of
    AFP  -  214 words
  • Article, Illustration
    Home prices will soon be on their way down
    943 34  -  The Bottom Line QUAH SOON TONG QUAH SOON TONG The writer is head of research at OCBC Investment Research IT IS INVIDIOUS to be pessimistic when all around you are on cloud nine. At best, one may be accused of being
    943 words
  • Article
    Lock icon US recovery picking up, says Fed
    193 34 Reuter WASHINGTON The hesitant United States economic recovery should pick up strength soon, Federal Reserve Board chairman Alan Greenspan said yesterday. "I expect that the economic expansion will soon gain momentum, which lower inflation should help to maintain," Mr Greenspan said in prepared testimony
    Reuter  -  193 words
  • Article
    Lock icon Patten rejects bullying charges by China
    175 34 AFT HONGKONG Hongkong Governor Chris Patten yesterday fired his first salvo in the diplomatic battle over the colony's airport plan, rejecting an accusation that Britain is trying to bully China into agreement. But he told reporters that he did not want to enter into
    AFT  -  175 words
  • Article
    Yeltsin to visit Beijing for summit soon
    424 34  -  From Catherine Ong in HONGKONG RUSSIAN PRESIDENT Boris Yeltsin will visit China later this year for the first Sino-Russian summit after the break-up of the former Soviet Union. Valery Boutov, special adviser to Mr Yeltsin on China and the Far East, said the
    424 words
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Page thumbnail Page 35
  • SHIPPING TIMES
    • Article
      Malaysian containerised service takes new partner
      440 35  -  By Amir Khalil SINGAPORE Perdana Service, a containerised service between Peninsula Malaysia/Singapore and East Malaysia operated by Malaysian International Shipping Corporation (MISC) and Syarikat Perkapalan Kris Sdn Bhd (Kris) since 1983, has been further strengthened with the inclusion of a new partner, Malaysia Shipping
      440 words
    • Article, Illustration
      Lock icon Bunker demand in Asia falls
      584 35 Reuter SINGAPORE Asian bunker sellers estimate the turnover of bunker fuel oil for ships in major Asian ports dropped about 10 per cent to 15 per cent in the second quarter of 1992, mainly due to the poor performance of the shipping industry. "I think
      Reuter  -  584 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1171 35 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrcnkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCI. 5 5 ASXCLShpg
      1,171 words
    • Article
      Marine Dept's incentives erode its revenue
      380 35  -  By Ramesh Divyanathan SINGAPORE The Marine Department saw total revenue fall nearly 2.5 per cent to 53.9 million for the year ended Dec 31, 1991, because of incentives given to shipowners to register their vessels in Singapore. There are two incentives available: an 80
      380 words
    • Article
      Lock icon French dockers to discuss labour law
      230 35 Reuter PARIS Dockers from France's largest port, Marseille, on Monday agreed to talks with a cabinet minister on implementing a new labour law that will cut job numbers and make them salaried workers, the Communist CGT trade union said. The acceptance was hailed by
      Reuter  -  230 words
    • Article
      Lock icon German shipyard under probe for Taiwan deal
      178 35 AFP BONN German customs officials are probing a shipyard that allegedly sold coastguard vessels to Taiwan but then illicitly transformed them into minesweepers, a spokesman for the Economy Ministry said. The move was announced yesterday after the weekly news magazine Der Spiegel said
      AFP  -  178 words
    • LOG BOOK
      • Article
        Port Klang okays salvage by S'pore firm
        143 36 PORT KLANG The Harbour Master's office has given the green light to Singapore's Eximpat Enterprise, the owner of the sunken 1,000-tonne Choon Hong 111, to salvage it. Harbour Master Rosli Saad said the go-ahead was given on Friday when the company agreed to
        143 words
      • Article
        Troubled Cypriot ship undamaged
        56 36 LONDON Cyprus-flag bulk carrier Katya V has not sustained any damages and is sailing for Buenos Aires according to the vessel's managers, Lloyd's Shipping Intelligence Service said. Lloyd's reported on July 17 that the 50,550 dwt vessel had experienced engine problems off Montevideo, Uruguay, and was
        56 words
      • Article
        No disruption of Conrail service
        106 36 NEW YORK Consolidated Rail Corp said on Monday there had been no disruptions to its rail service near Dunkirk in New York, as threatened by the Seneca Nation tribe. The Iriquois tribe was protesting a New York state appeals court ruling that allows the state
        106 words
      • Article
        Grounded ship docks at Jeddah
        91 36 LONDON The Panamanian vessel Katsuragi berthed at Jeddah, Saudi Arabia on July 18 and commenced discharge of its cargo which is expected to be completed tomorrow. Lion's Shipping Intelligence Service said. The vessel will then sail to Japan for repairs. Jeddah port authorities had earlier
        91 words
      • Article
        NY port names new director
        115 36 NEW YORK The Port Authority of New York and New Jersey on Monday named William Goldstein deputy executive director for capital programmes, effective July 24, Mr Goldstein will leave his post as director of capital programme management for the New York Metropolitan Transportation Authority to
        115 words
    • Article, Illustration
      Lock icon Air France gears up for battle
      1052 36  -  Bernard Attali, chairman of Air France, talks to Paul Betts about the French national carrier's changing strategy in anticipation of a stormy future for the European airline industry Paul Betts FT Bernard Attaii is bracing himself for what he calls the mother of all
      FT  -  1,052 words
    • Article
      THE SHIPPING GUIDE
      13934 44 This is a list of ships loading Aug 7. at Singapore for ports around jjgj'J the world. It tabulates, by uson destination, the name of the ship, the shipping line in- po,^ volved and the estimated Pol Eas dates of arrival and departure ffom the Port of
      13,934 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        592 51 fo* *yW» Mnl J P^«*w Marina Terminal 1 Pioneer Wave 21 P07 22.07/2300 23.07/1500 Batam Murro *****2 M05 atongade 2107/2300 Robert E Lee CGC63* P03 21.07/1046 22.07/0200 Batam Sayai* *****2 M04 alongside 21.07/2300 Robert t Lee WA080* P03 2107/1046 22.07/0200 Batamndo 1 1220S M01 atongsde 2107/1900 Sang
        592 words
      • Article
        IN MALAYSIAN PORTS
        225 51 Johore Port Berth: 1: ml; 2: Grand Wood. 3: mi; 4: Yuan Ming. 5; Pac Ocean. 6; Uni Modest. 01 jetty: ml. DCJ: Rohas Ria Due on My 21: Tonegawa. Cerlang. Jupiter Gas. Ocean Winner Geniki. Builder H. Kota Mesra Due on My 22: Bow Heron. Ussuruysk
        225 words
      • Article
        CONTAINER SCHEDULE
        1772 51 DELIVERY Of FCL IMPORT CONTAINERS IN PROGRESS Sty Voy Wo Contarm rnhM» Ship Voy No Contam amfabfc CGM Pasteur 3262 20 07 92 0800 C D Trieste 921 COO(EST) 2107 92 1500 K Jespersen 31*092 20 07 92 0820 Josindo 1 2059N CQO(EST) 21.07 92 1900 Anes 9259
        1,772 words
    • Article
      TRANSPORT DIARY
      605 52 Sept 6-$ Seatrade Academy's Anatomy, of Shipping, organised by Seatrade. The event will take place ajLSelwyn College Cambridge, England. Sept l!»t6: Asia-Pacific Digital CellulaC Mobile Communications. ofganiscd by IBC Technical Settees Limited at The Mandarm Singapore. For further details please contact IBC Technical SeKices at tel: 732-1970 or
      605 words
    • Article
      DAILY FREIGHTS
      694 52 GRAIN Fixings were sparse and rates largely stable in the dry cargo freight market, with only a number of World Food Programme charters seen concluded to North African and Middle East destinations, brokers said on Monday. In the Panamax sector, US Gulf/Japan grain maintained its firmer trend, but
      694 words
    • Article
      WEEKLY FREIGHTS
      263 52 THE rccovcry of the freight shipping market slowed over the past week, with rates remaining firm in the grain scctor but showing signs of weakness in ores and coal, brokers said. The Baltic Freight Index (BFI) gained three points from the end of the previous week to 1.060
      263 words
    • Article
      Lock icon Northwest and KLM to forge partnership
      379 54 Dutch carrier may be first beneficiary of US open skies policy Reuter NEW YORK Northwest Airlines Inc and KLM Royal Dutch Airlines are planning a partnership which, under a proposed new aviation policy, could make KLM the first foreign carrier to gain unfettered access
      Reuter  -  379 words
    • Article
      Lock icon Claims trials start for Lockerbie victims
      394 54 Reuter NEW YORK The first of scores of individual trials brought by families of the victims of the bombing of Pan Am Flight 103 began on Monday in a process that could eventually assess mul-ti-million-dollar damages against the bankrupt airline's insurer. A US jury
      Reuter  -  394 words
    • Article
      Lock icon Amtrak, unions make final offers
      237 54 Reuter WASHINGTON Amtrak, 40 freight railroads and two unions made final contract offers to an arbitrator on Monday as part of a settlement process set out by an emergency labour act that ended a two-day railroad shutdown last month. The unions are the Brotherhood of
      Reuter  -  237 words
    • Article
      Lock icon German firm's bid for Fokker faces setback
      275 54 IHT AMSTERDAM The broad collaboration agreement between the Dutch aircraft maker Fokker NV and Deutsche Aerospace AG was delayed on Monday after Dutch Economic Affairs Minister Koos Andriessen demanded that he be allowed to consult parliament. The two companies had hoped to announce
      IHT  -  275 words
    • Article, Illustration
      Lock icon Overloaded plane kills 30 residents
      198 54 Reuter MOSCOW At least 40 people, including about 30 residents, died when a cargo plane crashed into a suburban area in the Georgian capital Tbilisi on Monday. Radio Russia said. "About 30 (local) inhabitants died." the radio said. Earlier, Tcngiz Epitashvili, head of the Georgian
      Reuter  -  198 words
    • Article
      Lock icon Peugeot signs first joint-venture deal in Egypt
      281 54 AFP CAIRO French automaker Peugeot has gained a toehold in Egypt after 10 years' knocking at the door, signing a deal over the weekend to set up a joint-venture assembly plant and distributor. The new venture. Peugeot Egypte, 51 per cent owned by
      AFP  -  281 words
    • Article, Illustration
      Lock icon Nicaraguan transport strike turns violent
      228 54 AFP MANAGUA Transportation workers on Monday clashed with Nicaraguan army and police officers, and commandeered two military vehicles, after a peaceful protest for concessions from the government turned violent. At least 17 people were reported injured after both public and private sector transport workers demonstrating
      AFP  -  228 words
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      Page 35 Advertisements Column 1
      16 35 Ums ami MrvicM MMHtii hf i/jSiHKv I nim?m For advertising enquiries, contact Shipping Times: Tel 740-*****740-2090.
      16 words
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      Page 35 Advertisements Column 2
      111 35 Air France gears up for battle, Pg 2 Northwest, KLM to forge partnership, Pg 20 v:mrnmvzMEm v '>• v. -•/.p *gsm -~i < -s- >- v <■? *>1-- >-i j f %vm w ->V i <4 j SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed
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      Page 35 Advertisements Column 3
      61 35 INDONCtIAN STIVIDOM AND For aUndonarian main ports inducting oiports hip Mtmmfl lndona«an craw and ollcers ratings Sri Lanka craw and ofloers ratings Can arrange transfer to any worldwide locations CALL HOTLINE: S RY "TyTT Container Schedule Dariy Frefhts f-H-Inda !-i Stopping Gmde 10.11 Shps m Port 17 Singapore Tries 17
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      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 lode at successful small firms and the
      81 words
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      Page 36 Advertisements Column 2
      125 36 APPOjNTMENT DANZAS j I the worldwide transportation network j I A iwHMmytfa Swlu Hwrf hrimattari I ft jtf nwmtlu. Om »<lpftf japww<H>, m I feMMMMrfcTM > 1 i ■■vrrmviTsHilfl l i 1 I Age 30 and above, with strong leataship I quaNty I I At test 5 years experience in
      125 words
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      Page 37 Advertisements Column 1
      2882 37 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES tllll* *****11 FAX: *****09 IWfff BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL: *****18 220 rCwufln PEBAKA JARDINE SHIPPING AGENCIES SDN. BHD. k VMf J PORT KELANQ TEL: *****18 FAX: *****91 *****88 r»..«PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Mwmrmmmm Dedicated to Quality Service
      2,882 words
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      Page 37 Advertisements Column 2
      2777 37 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT innwm& I UNITED HUB SHIPPING (S4GII [U VSI/VOY SIM NYC BAL OftF SAV «»>•«» »i 11 I 2 1 it t/f ft .HUUf I) 7,1 u 14 t H I 17/1 WW »J
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      Page 38 Advertisements Column 1
      1456 38 rage R'DAM/ VOY NO S PORE JEDOAH S'HAMTON H'BURO ANT LE HARVE HAMBURG EXPRESS /1 S 1/8 12/8 14/8 17/8 18/8 55SST Rpress so'' 22 S» !?3 3iflK3/'c£ss> FRANKFURT EXPRESS 63/330 2/8 i®'® |1J" |JJ® (MKMIt bay Sail 53 S3 8 ss~sn bav »<• I;I <» aacj?" LUDWKJSHAFEN EXPRESS 03/332
      1,456 words
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      Page 38 Advertisements Column 2
      490 38 I EXWtttg TO PAPUA HEW OUMCA I CHKFOO VM 17/07 POM/HON/NOMO/tIAS LAC/MAO ALAM T ALAMO V2S WN POM/HOM/NOMO/KAa MtAAlrtnM (LCL B/BULK) T/$: ALOTAU. OROBA*. KAVCNG ACCEPTMG LCI FOR MAM PORT* DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAMER SERVICE vtssa gout 5 loaowc yon
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      Page 38 Advertisements Column 3
      1572 38 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/YOT SM ALG OCL HAM ME ROT ANT FEL LHA (MR («M (VM MS) MM) ROT) NORASM MUBARAK 9220-3 22/07 12/ M 13/00 15/01 10/00 17/W 10/00 19/00 20/00 NORASM AL-MANSOORAH 9221-3 26/07 17/00 10/00 20/ M ***** 22/09 23/07 24/07 25/07
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      Page 39 Advertisements Column 1
      2361 39 STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Kappd Towtr* Siagapara 0200 Td: ***** M Fax: *****17 ACCEPTS MJI SA4.S STORE BKOK MB win MM£ Muari Lab KK C 80 In Port 23 M MM)OM V 014S/015M *-27 O.Y M.T STRAITS VENTURE VIK Muari. Lak! KR 24 27 M
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      Page 39 Advertisements Column 2
      2258 39 I WjpfcT I SINGAPORE AGENT: IjXjfll PAO Containers (Singapore Agencies) Pte Ltd I 1 111 W 1. jlPlllfllllCra 10 Ho* Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 I w w Tal: 225 2233 TaJax: RS ***** PNOCSP Fax: 225 5327/222 7517 I CR Number: **********02 VI MCI VOY FSS it
      2,258 words
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      Page 40 Advertisements Column 1
      568 40 SB CR NBR **********0-0 I EXPRESS SEMI CONTAINERSHIP SERVICES I TO EUROPE I VSL/VOY STOK KMM/MMM MK BROO AlfTlW I MATMAM/32M 23/7 25/1 30/1 5/» 10/J I FAST TRANSIT TIME I ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Iwductwnt. Alao accepting cargo to CaaaMaora, I Port Said. Port Alexandria, Genoa, Triaata.
      568 words
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      Page 40 Advertisements Column 2
      1224 40 (g) HANJIN SHIPPING tm IM HM LCB m FOt VS. IIM HNA SM Ul IRC SmhonoeACH 03K 7VI MKT 16/8 19/8 HMMHRAMTAW HIE 27/7 K. SAVMfMH 033E 3/1 4/1 Slv 1/8 OMCI 23/8 26/8 HMM ROTTOSMM lIS 2/8 M. AMBKA 00« 10/1 11/1 IVI 18 0«C 30/8 2/1 FBWMOMT2OM 10/8
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      Page 40 Advertisements Column 3
      1165 40 MM =I, I 1,1 >■ XI n\ a/i n/s "n# 11/11 m/1o a/1! I i If SMS %%>SSA IM n\ n'/i w\ ii/i M/» i£ r %^iTljE% l E?/rJ < I I BUM K-Ml 11/ l 12/1 17/t l*/l 21/1 M/l 25/ I 27/1 H/l 2S/I Jl/I 11/S 23/S 2S/1
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      Page 41 Advertisements Column 1
      1508 41 y/ NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9: *****89/*****08 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 AUST/INO4A/PAK SERVICE NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Ke»anQ-<O3) *****87.
      1,508 words
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      Page 41 Advertisements Column 2
      465 41 YOUR RELIABLE FREIGHT FORWARDER W V f|o/"sfll'f|ffl CUSTOMER SERVICE: 222 §717 FAX:222 7Mt MAM UNE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 30/07 Kaohsiung ETD 24/07 Pt Kelang ETD 30/07 Busan/Hong Kong ETD 27/07 Bangkok ETD 29/07 Japan ETD 26/07 Jakarta ETD 26/07 Madras ETD 27/07 Manila ETD 24/07 Colombo
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      Page 41 Advertisements Column 3
      1132 41 SINSOV SINGAPORE SO VET SUPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURIES: *****33 MAR VIE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBttJHD—«SCHMqN6 WESTBOMP-LOAOMG TMHSHTPED VIA ROTTERDAM SSS dot
      1,132 words
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      Page 42 Advertisements Column 1
      1263 42 l. rage TVX' W ASAGENTS; *****07/.* LI |V LINE MA YSIA: mS Sd INDONESIA: P.T.SABANA LAUT .HTEBNUBA, TEL: JKT 5707,76. 5707,77. 5706*8 X— WEST N f IMPORT N.AMEFBCA PACB3C SOUTH WEST r- EXPORT RAM ERICA PACIFIC SOUTH WEST iB fn p5~H^ f nm, **fi w -wo tk/pw r»H »"o *»i
      1,263 words
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      Page 42 Advertisements Column 2
      1022 42 PHIU-ORKNT LIN€S PT€ LTD <#%, lirssr—^ (nO BY AIR, LAND OR SEA.... 3fljL WE TAKE ON THE WORLD FOR YOU nctipcpnEMMfiAPOßE FREIGHT FORWARDERS ASSOCIATION j AiMUtQUTH rtcmc FCUt-CL SttVtCM 30 JUL SYDNEY. MELBOURNE, BRISBANE. FREMANTLE j 27 JUL AUCKLANO. WELLINGTON, LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 27 JUL SUVA. NOUMEA, PAPEETA.
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      Page 43 Advertisements Column 1
      2110 43 t M U'.PIL PACIFIC INTERNATIONAL LINES (PTE) LTD SBBB* m B 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********06 I JAKARTA IJAMQKOtV r K( .J VESSEL VOV SIN JKT SM ESTEBRUQQC 18N 14/7 17/7 SI/7 EQUATOR HAWK 1«7 »7 JM EQUATOR CRYSTAL 10M 28/7 18/7
      2,110 words
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      Page 43 Advertisements Column 2
      844 43 p |PGJDANG| PENANG I FKF.ANGj >Sl PTM :2l HAM j3 OCT 4: 24/7 24/7 28/7 NIHON 2292 28/7 14/8 17/8 19/8 E 31/7 31/7 1/8 BENARTY 2302 4/8 21/8 23/8 24/8 26/8 D 7/8 7/8 8/8 ALsiA 2312 11/8 28/8 30/8 31/8 2/9 E _14/8 14/8 15/8 BENAVON 2322 18£8
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      Page 43 Advertisements Column 3
      272 43 NIGERIAN NATIONAL IE% SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN VJt SINGAPORE 24 July ETA Lagoa 15 Aug Port Harcourt 17 Aug Calabar It Aug ACCEPTING B/BULK AND CONTAINERS I BSA° TRANSPORTATION M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf PAGAN
      272 words
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      Page 46 Advertisements Column 1
      2815 46 Conventional Semi-Container Full Container Liner Services Liner Services Ciionf Ifmrfr frtftffff jlfwff CmmtUpmH: Co9*lng Agootx «%w« ftp Mn Vlrk Puna Qhlnaina A rj/ioif ArmteMp Afsocfcs COStUt Shipping Ptß Ltd tklpjiat FrtigH 9mUk§ Coofto Mi IM ***** Port Utng Off Ato/t ipoh, SenhM. ***** Kl. M(2t)36 163//36t/64 TICK rWHJ omtpptmf a
      2,815 words
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      Page 46 Advertisements Column 2
      334 46 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #09-01/02 NATWEST CENTRE «M Singapore 0106 T*t«x: R*****0 T *****01-3 Fax: 225 4030. *****36 FOR BOOKINGS CALL DIRECT LME TEL: *****41/*****41 SM/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1038 25/07 (SAT) 28/07 (TUE) LAWANTI 970 IN PT 25/07 (SAT) DERAJAT 991 IN
      334 words
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      Page 47 Advertisements Column 1
      526 47 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/7 ROTTERDAM 26/7 HAIFA/ASHDOD/ALEXANDRIA 26/7 HAMBURG/BREMEN 26/7 MARSEILLE/FRANCE 26/7 FELIXSTOWE/UK 26/7 BARCELONA/SPAIN 26/7 LEHAVRE/ANTWERP 26/7 GENOA/ITALY 26/7 GOTHENBURG/SCANDINAVIA 26/7 LOS ANGELES/WC/WI 26/7 SYDNEY/MELBOURNE 23/7 NEW YORK/EC 26/7 FREMANTLE/ADELAIDE 23/7 VANCOUVER 26/7 BRISBANE
      526 words
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      Page 47 Advertisements Column 2
      1314 47 CZi RICHFIELD MAINE AGENCIES (S) PTE LTV KBn TEL: *****33 (12 Lines) l=J FAX: *****15/*****03 TELEX: R8 ***** RISHIP (S Uf>M) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPOfIE ABVOT 29W8 M/ 06 OARESSALAAM MOMBASA, DJIBOUTI ASSAB M ASSAM A NETSANET
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      Page 47 Advertisements Column 3
      361 47 I &wsgaJ IKER-Uflf VSL VOY BMQAPORE MADRAS SMGAPON^ VESSEL VOT SM MM SM V TKEISTM T» 23-24/07 3101/00 Ot nan SPEED 214N 2t 27/07 02 04/01 00 10** Teat CREEK 26* 30-31/07 06-00/00 13-l4» TIGEJt BWDGt 215N 25 03/00 09-11/00 1 VSL VOY SMGAPORE/CALCUTTA/SMGAPOR^^ VESSEL VOT SM CM. SM TOR
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      Page 48 Advertisements Column 1
      1528 48 MM 11 •IAIMAC-NELS groupage "5 I HKG/TWN/BKK [GOTH/U.K/MED PORTS Pfll PKL SIN p EN PK SIN 23/7 24/7 Honf Konf Ldn/Fh/Rdm/Ant 24/7 25/7 26/7 27/7 28/7 Honf Konf G'burt/ClMfen/S'hofan/Oslo 26/7 27/7 28/7 2® 7 30/7 31/7 Honf Konf Piracus/Genoa/Triostt 27/7 28/7 29/7 I s JPN/BUSAN/MANILA I 1 28/7 29/7 Keehjni/Kaohsmni
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      Page 48 Advertisements Column 2
      283 48 he* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM Ml in SH PREMER VI9S 30/7 11/S 13/1 30/8 MUUKRA 2SS 14/8 2C/S 2t/l 14/9 AUST SIM 0626 22/1 3/9 5/9 22/9 FULLY CONTAINERISED SAILINOS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER,
      283 words
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      Page 48 Advertisements Column 3
      1119 48 I THONG SOON UNES PTE. LTD.I JEf 77 ROBMSON ROM) #15-00, #16 00 SM BULDMG SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 VBr TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I CONVgNTKWtAL/COWTAiWER CONTAINER SERVICES I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor [ETA IIEST
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      796 49 COMPANIA PERUANA TOGA DE VAPORES 'PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT MAM, 10* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH Ml OF LADVtG. %f2V'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAXBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOJt. TOKYO*. MANIA*. DAVAO*. P«unf* P.
      796 words
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      Page 49 Advertisements Column 2
      519 49 ry aw F55?1l Contamr smm HAMERICA/CARRBEAN SERVICES mssa krr kww [wy uu pi h» w w A VESSEL 27/7 M CAUFOMM Ml l/» S/9 7/1 1/9 m MIXAMMA m 4/8 91 KEB.IM 381 30/8 8/9 12/9 14/9 16/9 A *ssa 9/8 2M KM 3K 7/9 16/9 20/9 nrt 24/1 nmvr
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      Page 49 Advertisements Column 3
      660 49 I MIDDLE-EAST/PERSIAN GULF ACCVTVM FCI/LCL DUBAI. DAMMAN. SHARJAH. DOHA. MUSCAT. BAHRAM. ABU OHABI. BANDAR ABBAS. lEDOAH FAR EAST acceftmo fcl/lcl PENANG. P/KELANG. JAKARTA BANGKOK. HONG KONG. TAIWAN. JAPAN. MAMA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON FELIXSTOWE. LEEDS. TIBURY. ABERDEEN. LE HARVE. HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPEIWAGEN A ALL OTHER EUROPEAN PORTS
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      Page 49 Advertisements Column 4
      449 49 MONTHLY MECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEUE/LASPEZIA TWICE WEEKLY CONTAMER SERVICE SIN/MADRAS/SIN WITITRARSMENT TO: ASEAR/AISTRAUA/FAR EAST/IKINTERRANEAH/EIROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMRO/ ROMRAY/KARACHI WEIKIT CONVENTKMII SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAR6O SOOKIM: LUCKY TRANSPORT ft FREIOMT CO (PTE) LT» BIB6APORE TEL: 33M155 TLX:
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      Page 49 Advertisements Column 5
      448 49 MTW FM EAST J 27/7 KEELUNG/KAOHSIUNG 26/7 BANGKOK < 26/7 MANILA/CEBU -J 26/7 JAKARTA/BELAWAN/SURABAYA 1 26/7 PORT KELANG/PENANG/E. Malaysia v A 27/7 BUSAN 26/7 TOKYO/YOKO/KOBE/NGO/OSA 27/7 HONG KONG v '3 SM CHItjA I 21/1 GUANGZHOU/HUANGPU/SHENZHEN v < FUZHOU/XIAMEN/SHANTOU > J DALIAN/SHANGHAI/XINGANG TIANJIN/Q<NGDAO/HAIKOU also accepting LCL cargo SW EUROPE/UK 25/7 LDN/FLX/LVP/SOU
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      Page 50 Advertisements Column 1
      932 50 ECONOLINESA Time Spaca Pilot for Worid Trade Navigation tince 1979 i EUROPE J your 1 STRENGTH and HOPES t Wc deliver 2040 points throughout 17 We provide weekly coosotiditiom to 32 j I countries in conformity with 13 imcotenns Discharging ports at own Bonded Wirehouse I total demands in shipping
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      Page 50 Advertisements Column 2
      414 50 <$fMSonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOIJOATION TOUR FIRST CHOICE TO:— AUCKLAND 30 JULY ACCEPTING TO ALL POUT* IN NEW ZEALANO BANGKOK 26 JULY JAKARTA 28 JULY PENANG 27 JULY POUT BUM 23 JlllY MELBOURNE 29 JULY [storey 29 JULY FELIXSTOWE 25 JULT HAMBURG 25 JULY ROTTERDAM 25
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      Page 50 Advertisements Column 3
      468 50 This Week's Sailings j To: ETD II To: ETD Singapore Singapore Los Angeles M ih 24/07/92 "SlSrtfS 26/07/92 C lo bo 25/07/92 East Cosst of 02 fk Singapore *****22 779 2738 QLlfiLr JohorT 07-*****8 07-*****3 Alfred Ng tiZSj Jfflr Jakarta 021-*****40 021-*****01 Troy Hsu 7&AAK~Z//W I C P C I
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      Page 50 Advertisements Column 4
      442 50 FCL/LCL SERVICES MANILA ETA VIGOUR S PORE 31NB 24/7 VIGOUR PACIFIC 67N8 31/7 BANGKOK 26/7 2/8 BUSAN 27/7 3/8 HONGKONG 24/7 28/7 USA. 27/7 3/8 PT LOUIS/DURBAN 24/7 6/8 KEELUNC 27/7 3/8 PT. KELANG 26/7 29/7 OSAKA 26/7 29/7 PIRAEUS 26/7 3/8 KOBE 26/7 29/7 JAKARTA 26/7 2/8 CEBU 24/7
      442 words
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      Page 51 Advertisements Column 1
      88 51 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and in relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE A MANAGEMENT, in Business Tunes every Monday, is must reading for managers who want the competitive edge Plus an occasional look
      88 words
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      Page 51 Advertisements Column 2
      109 51 SWfiWGE WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY HtffflA BELGIUM NIELAND SWITZERLAND BULGARIA HALT SPAM x DENMARK NORWAY SWEDEN S FINLAND NETHERLANDS TURRET FRANCE PORTUGAL TECNECNRSLOVAKIA i GREECE POLAND UNITED KMGDOM GERMANY ROMANU YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LINE
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  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      428 51 TIDES AND WEATHER TOOAVS TIDCS (lw» in metres) T_ HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 ******************************00 **********00 2000 2100 2300 JR 14 20 24 2.5 24 2.1 16 12 0.8 07 0 7 0.8 1.2 1.7 22 14 2.4 2.3 2.0 1.6 1.2 09. pi 0.9
      428 words
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      Page 52 Advertisements Column 1
      271 52 —j—— ——I—'^——1 IfCSX HAN HUAT SHIPPING GO (PTC) LTD. iT 9 zstt&zissiSgßPiasr.™ 7 'Daily receiving cargo at Pa#ir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO SHANTOU 2 SAILINGS PER MONTH 'iVESSEL ETA ETO VOY IjHAIWOO 01/08 03/08 V ***** -IHAIWOO 16/08 18/08 V ***** NEVi ROUTE TO
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      Page 52 Advertisements Column 2
      364 52 i. cosco UKC CONVEHTTOHAL SERVICE VESSEL PKL PNG PO. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHWtA CQHVEWTIOHAi SERVICE VESSEL PKL PNG P.G. LOADING FOR: QING RONG 12/07 Guangzhou Huangpo COSCO FULL CONTAINER gflgj (FCUFCL) EXPORT TO: CMWA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACHI Please refer above mentioned
      364 words
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      Page 52 Advertisements Column 3
      348 52 Bht BEUING CHANGCHUN CHANGSHA^IP^CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU i cnitsofLQ /shenzhin shipping Tel: 227 4788 Fax: 227 2QS3 II Ml SKH D,STR,PARK PTE LTD gys 77 Roblnaon Road #16-02 SIA Building, Slngapors 0106 Sinaaoore T*: *****79 Fax; *****82 Tlx: RS *****SKHNVO
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      Page 52 Advertisements Column 4
      92 52 rrpr KWONQ LUNG SHIPPING LJLSk PTE LTD TEL: *****12 FAX: *****53 fyp VOt ETA EH) PtSTWAIBH Sf%XW" 8/92 23/7 24/7 M.V. "THAI YANG 10/92 31/7 1/8 LABUAN M V "LUCOIiA M 0.2" 8/92 25/7 26/ 7 BUJIIU IiRI M V "THAI HO MO 1" 8/92 27/7 28/7 P KELJJG M.V
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      Page 53 Advertisements Column 1
      1018 53 ▲HYUNDAI MEBCHAHTMABIWECO.LTp.^ *vm FEEDER pacific south-west service WW* PKE* PCD* ST TO US* <QY KAO LBH OAK DAL/HOU CH SUI iC 21/07 15/67 17/07 24/07 H. INNOVATOR 51E 31/07 17/08 20/0« 20/01 21/01 21/01 23/01 20/07 22/07 24/07 31/07 H. ADMRAL 01E 07/08 24/08 27/08 27/08 28/08 28/08 30/08 04/08
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      Page 53 Advertisements Column 2
      394 53 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO I HEAVY LFTS MBOURD VESSELS (US! NY V n IK M ■AMU I U ■MM n u u NLUN IRAKI h ft nn CMMI TRAM 27 M H/7 SOU AUM II l/l KA um M 11/ I MA 2/1 cbsmc mauemei u i/t
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      Page 53 Advertisements Column 3
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