The Business Times, 30 July 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, July 30, 1992 75*
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  • NEWS SUMMARY
    • 62 1 CANBERRA Australia will not be protesting to Kuala Lumpur over the abduction of two children by their Malaysian prince father, Foreign Minister Gareth Evans said here yesterday. He told reporters he did not think the Malaysian government had done anything "by
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    • 57 1 NEW YORK Former US Secretary of Defence Clark Clifford, his law partner, Robert Altman, and others have been indicted by a New York grand jury for their roles in the BCCI Bank scandal, it was announced yesterday. The 85-year-old Clifford was confidante and adviser to
      57 words
  • MARKETS SUMMARY
    • 27 1 WALL STREET slocks swept ahead in active trading yesterday morning. The Dow Jones average climbed 38.09 points to 3,372.16 in the first hour of trading.
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    • 28 1 LONDON share prices were higher at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was up 29 points, or 1.2 per cent, at 2,402.4.
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 690.11 +3.85 Kuala Lumpur ....590.71 +4.94 Tokyo 15,095.95 -330.69 Hongkong 5,857.29 +74.66 Sydney 1,612.3 +6.9 Taeadajr Change New York 3,334.07 +51.87 London 1,785.6 +18.6
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    • 17 1 USS SS 1.6120 100 Yen SS 1.2594 Mm* ■HMnita' 6448 Overnight 2-1/4 unch 3-month 2-1/4 unch
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    • 35 1 Loadon Gold AM fix US$358.20 -USS1.05 S'porc Oct.... 143.50*/kg unch M'sia Aug 221 */kg unch KLTin Turnover 55 tonnes +10 Spot MS 17.05/kg +0.25 Cradt palm oil Turnover l,680(ots +168 Oct MS828 /tonne -4
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  • 561 1  -  Boon Heng announces centre to help HDB retailers By Helen Chang SINGAPORE Government agencies seem set to play a new role in helping local businessmen: becoming their partners to help them modernise and expand overseas. One new scheme, aimed at retailers
    561 words
  • 379 1  -  By Lee Han Shih SINGAPORE The listless office property market was given a fillip yesterday by news that developers Straits Steamship Land and DBS Land are selling one-third of their $360 million office block, The Quadrant, to Japanese trading
    379 words
  • 453 1  -  By Schutz Lee SINGAPORE Singapore's non-oil domestic exports grew by a strong 12.6 per cent in real terms in June, indicating a possible upturn for the manufacturing sector. The performance can be traced to continued improvement in exports to the US and
    453 words
  • 141 1 SINGAPORE Strong Investor interest in Sembnwang Shipyard and other indexlinked stocks faelled a minirally in Singapore yesterday. The Straits Times Industrials Index rose 17.06 points to dose at 1,*****, bat trading volumes declined from Tuesday's levels and secondliners languished in the market. Sembnwang Shipyard gained
    141 words
  • 452 1  -  By William Chia SINGAPORE Indonesia's business patriarch William Soeryadjaya is stepping aside as chairman of the country's second-largest business group, PT Astra International, which he founded, after more than 30 years at the helm. He is expected to
    452 words
  • 80 1 Trends ENVIRONMENTAL protection is now a major international concern, with South-east Asia shaping up to be a possible flashpoint. This month's issue of Trends, a publication of the Institute of Southeast Asian Studies which appears in today's BT, devotes two articles to the environment debate. Also
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  • Page 1 Advertisements
    • 566 1 CHMII RraMv C 9eriM FUJITSU TEN AMATEUR PHOTO STORES FTC LTD. Stafapan: Phont. *****33 Mi UMpar. Phone; 757 0233 Fmm«: Ptwne. 615 985/619 014 JalaitK Phone. 374 065/*****72 New bumiputra scheme THE Malaysian government officially launched on Tuesday a new entrepreneurship scheme to co-invest in bumiputra companies with a view
      566 words
    • 17 1 Hock Lock Siew: Who will help Inno-Pac? Pg 4 9Do Singapore investors need an association? Pg 10
      17 words
    • 105 1 A K( >|)| \S I < X k -'J More reports, Pg 2 1!' v ;x •;$nY J: is >A -r m:* 5 ■fffwinTTTaminCTmi a atilM ■fIIfIHBNMMMMHMHHHMJIvj < I*- fv J ,s| \%a hi. iHHcttIHHI FOR THE LITTLE BIT OF THE SPORTSMAN IN EVERYONE. SEIKO CREATED THE COMPETITIVE SPIRIT OF
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  • PAGE 2 NEWS
    • 286 2  -  By Joseph Rajendran SINGAPORE Local printed circuit board (PCB) manufacturers should design and manufacture more sophisticated products, four Japanese experts have advised. Led by executive director Teruo Kobari of the Japan Consulting Engineers Association, the Japanese team shared their observations after a
      286 words
    • 201 2 South China Morning Post HONGKONG Hopewell Holdings' massive infrastructure plan for Bangkok has come under fire from members of a Thai government think tank, who claim the project will be late and are questioning Hopewell's financial assumptions. The claims
      South China Morning Post  -  201 words
    • 328 2  -  Reports by Helen Chang SINGAPORE When there's something wrong on the factory floor, who you gonna call? Ghostbusters? No, try Enterprise Promotion Centres Singapore's onestop shop for business advice. "Every firm needs something different at different stages of its growth," EPC general manager Lim
      328 words
    • 303 2 A little help is a big boost for two companies SINGAPORE Local manufacturer Compact Metal Industries had big plans for growth. It wanted to double its local sales, expand in Malaysia and start projects in Taiwan and the South Pacific. But one
      303 words
    • 244 2 Yam Son stamps its mark SINGAPORE In a Jurong alleyway, in a factory without a signboard, up a set of concrete stairs, sits a big state-of-the-art computer. The imported Belgian device, which cost 1 million, is used to make colour designs for Yam Son Rubber Stamp Manufacturer (Pte) Ltd. In
      244 words
    • 403 3  -  Growth in S'pore fell from 121 pc in 1990 to only 10.2 pc last year Shoeb Kagda SINGAPORE Indonesia and Malaysia have become the strongest regional magnets for venture capital funds, taking over from more established economies such as Singapore and Hongkong.
      403 words
    • 351 3  -  By Lilian Ang SINGAPORE With its first business park already off the ground, Jurong Town Corporation (JTC) has plans for a second this time at Changi South, close to the Tanah Merah Country Qub. JTC chairman Yeo Seng Teck said yesterday a
      351 words
    • 463 3  -  By Teh Hooi Ling SINGAPORE The furniture industry, considered by many to be a sunset industry, will get a boost from a master plan being mooted to help it achieve greater efficiency and competitiveness. The Singapore Furniture Industries Council (SFIC) and the Economic
      463 words
    • 250 3  -  By Claire Leow SINGAPORE Tech Semiconductor, the US$3OO million (Ss4B3 million) venture of the Economic Development Board (EDB) and three foreign companies, will not miss the market for the 16megabit chips that it will begin producing next year. This assurance was given
      250 words
    • 393 3 AFP BANGKOK The European Community and Thailand began copyright talks here yesterday with the EC demanding a substantial cut in Thai pirated products and Thailand threatening a trade war if the dispute is not solved. The talks were to
      AFP  -  393 words
    • 448 3  -  Frm Maggie Ford irWAKARTA THE Indonesian government proposals to impose strict penalties for traffic offenders and to raise motorway tolls have sparked a heated debate about bribery and corruption. The new traffic regulations, due to be enforced in September, mete out
      448 words
    • 390 3  -  By Yang Razali Kassim SINGAPORE The Indonesian economy, driven by a spate of fairly successful reforms, will grow by 6 to 7 per cent yearly throughout the *****, said a visiting Indonesian economist, Dr I wan Jaya Azis, yesterday. But
      390 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 348 3 Definitely for the quiet life. idmWß Puifcuind I $utl wirii enpntd uucnpooo -TV F** W*a- »om or the Moon' on am back. The sign of excellence. Sole Agent and Service Centre SILVAROYAL PTE LTD. 250 North Bndgr Road #I*ol/02 Raffles City Tower Support 0617 Tel: 3379*2. Whichever rood you take,
      348 words

  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 67 4 LONDON Companies controlled by Genting Bbd have raised their stake in Lonrho pic to 4.3 per cent from 3.04 per cent previously, according to documents filed with the London Stock Exchange. Genting, which holds its Lonrho shares through three subsidiaries Powerstock Ltd, Genting Overseas
        67 words
      • 49 4 SINGAPORE Beijaya Singer Bhd's group earnings for the year ended April 30 grew 13.4 per cent to M 537.33 million (5524.1 million) from a year earlier. Pre-tax profit rose 9.3 per cent to $60.16 million and turnover climbed 26.3 per cent to M 5539.18 million.
        49 words
      • 54 4 SINGAPORE Bcrjaya Textiles Bhd's net earnings for the year ended in April tumbled 28.3 per cent to M 55.36 million (553.46 million) from a year earlier. Pre-tax profit dropped 7.8 per cent to M$ 18.69 million in spite of a 2.8 per cent rise in turnover
        54 words
      • 49 4 Land General earnings surge SINGAPORE Land General Bhd said group net earnings for the six months ended in June jumped 82 per cent from a year earlier to MS 18.96 million (S$ 12.23 million) on the back of a 26 per cent rise in turnover to M 5204.99 million.
        49 words
      • 59 4 SINGAPORE Companies associated with Temasek Holdings sold 15,000 Singapore Airlines shares for 5190,404.75 on July 24. On July 27, companies associated with Temasek sold 108,000 SIA shares for $1,482,091 and another 2,000 SIA shares for $27,480. Temasek now has direct and deemed interest of 54
        59 words
      • 28 4 SINGAPORE Cargo Community Network Pte Ltd, a wholly-owned subsidiary of SIA, increased its paid-up capital from $3.06 million to S6 million on July 23.
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      • 45 4 SINGAPORE South Island Garments Sdn Bhd has received approval from Malaysia's Capital Issues Committee for the flotation of its shares on the Kuala Lumpur Stock Exchange's main board. South Island Garments is a 35.7-per-cent associate of Berjaya Textiles Bhd.
        45 words
    • 530 4 Plans to invest in bumiputra firms with a view to listing them SINGAPORE The Malaysian government officially launched on Tuesday a new entrepreneurship scheme, Perbadanan Usahawan Nasional Bhd (Punb), to coinvest in bumiputra companies with a view to listing them later. Punb, which has an
      530 words
    • 375 4  -  From Catherine Ong in HONGKONG SINGAPORE-OWNED SiS International, one of Southeast Asia's largest computerproducts wholesalers, is planning to raise HK$63.B million (5513.6 million) through a public share flotation in Hongkong next week. At a closed-door fund managers' presentation yesterday, SiS directors announced
      375 words
    • 440 4  -  Joseph Rajendran SINGAPORE Hongkonglisted Gold Peak Industries yesterday offered 10.3 million new shares of its subsidiary Clipsal Industries (Headings) Ltd for subscription in two trendies. The first tranche, which will be offered to the public, comprises 5.67 million shares (with par
      440 words
    • 407 4  -  By Shoeb Kagda SINGAPORE Singapore's top 10 corporations have been included in a new World Stock Index published by the International Herald Tribune and compiled by Bloomberg Business News. Starting from a base point of 100 on Jan 1, 1992,
      407 words
    • 630 4  -  THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE When it sold off its 19.8 per cent stake in Innovest Bhd, Malayan United Industries Bhd (MUI) dashed hopes that it would use its deep pockets and management expertise to engineer
      630 words
    • COMPANY BRIEFS
      • 62 6 JAKARTA Another Indonesian state cement producer, P T Semen Tonasa, will go public. A company ofTicial yesterday said it would float 43.8 million shares, 29.63 per cent of its capital, on the Jakarta stock exchange in September. "We're still working on the price," he
        62 words
      • 73 6 JAKARTA PT International Nickel Indonesia (PT Inco) announced yesterday that unaudited net earnings for the second quarter of this year were US$B.6 million (5513.8 million), or four US cents a share, down from US$l9.4 million or eight US cents a share in the second quarter of
        73 words
      • 104 6 TOKYO Japan's biggest car maker, Toyota Motor Corp, said yesterday that Tatsuro Toyoda, vice-president of the car giant, will become president, succeeding his brother, Shoichiro Toyoda. Mr Shoichiro Toyoda, 67, has been president since July 1982 when Toyota merged with the sales company it created in
        104 words
    • 520 6 Greater-than-expected number of employees taking retirement offers AP Reuter NEW YORK IBM will slash its earnings by up to US$l billion (Ssl.6 billion) this year to pay for a greater-than-expected number of employees taking its generous early retirement offers. IBM originally thought
      AP; Reuter  -  520 words
    • 318 6 Reuter BANGKOK Improved sales boosted The Siam Cement Co Ltd's earnings, in spite of smaller profit margins due to higher industry output, analysts said yesterday. The construction materials giant earlier reported a sharp increase in net after-tax profit for the April-June quarter to
      Reuter  -  318 words
    • 272 6  -  From Andrew Cooke in BANGKOK C P POKPHAND Ltd (CPP), the international business arm of the giant Charoen Pokphand group, said net profit rose a robust 51 per cent to U5536.04 million (5558.02 million) in 1991 from U5523.84 million in 1990, helped largely by profits
      272 words
    • 182 6 AFP HONGKONG Ah energy company taking part in Shanghni'a aauive Pudoug orbun development project is to go public later this year in Chinu'a largest share offer, Xinhaa news agency said on Tueadny. Sbenneng Co Ltd ia to offer 2.4 billion
      AFP  -  182 words
    • 320 6 AP HONGKONG China's bustling Shenzhen stock exchange plans to issue at least 10 million yuan (about Ss3 million) worth of new stocks on Aug 8, a leading Chineselanguage newspaper reported here yesterday. According to the independent Ming Pao, tens of thousands of
      AP  -  320 words
    • 402 6 Bloomberg PARIS French state computer company Groupe Bull SA, which on Tuesday reported a narrowing in its net loss in the first half of 1992, is making progress in its open systems business although a restructuring programme still weighs on its
      Bloomberg  -  402 words
  • Page 4 Advertisements
    • 369 4 I IN THE MARKET PAGES i Mini-rally in S'pore 16 Nikkei nears 15,000 22 e Hang Seng rises further 22 ProPak ljPAsia92 The 6th Asian International Food Processing Packaging Technology Exhibition Conference 1-4 September 1992 World Trade Centre Mo ve Ahead Of Competition with !Pro(Pakflsia92 Indeed, today's consumers are faced
      369 words

  • Page 5 Advertisements
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      300 words

  • Page 6 Advertisements
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    • 22 6 I IK Ml :ll> In:,. 1 '> I! 1 1 i 1 I' i,. I m I M I h /.u "SSsS* ***£*>»■ *%J
      22 words

  • FINANCIAL NEWS
    • 529 7 Surprise figure raises market expectations of another interest rate cut soon Reuter SYDNEY Australia's inflation rate has tumbled to its tpwest point in 28 years, reinforcing market expectations that interest rates will be cut again soon. Economists were taken
      Reuter  -  529 words
    • 271 7  -  By Soh Tiang Keng SINGAPORE To promote higher insurance education sad upgrade professional training, the Singapore Insurance Institute plans to launch associateship and fellowship courses and examinations sometime in the future. William Goh, director of the institute (SII), told BT (hat as the
      271 words
    • 254 7 Reuter NEW YORK US bank rankings by asset size have mostly stabilised for now, but with another wave of mergers coming, industry stalwarts will find more competition Ttom upstart regional giants like Banc One Corp. "There is a reshaping goi*g on in US
      Reuter  -  254 words
    • SMALL CHANGE
      • 54 7 'SINGAPORE The Post Office Savings Bank will cut its •'interest rates on savings accounts by 0.25 percentage point /from this Saturday. The new rate for balances up to $100,000 -will be 2.75 per cent per annum, while that for balances above $100,000 will
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      • 85 7 SINGAPORE PT DBS Buana Tat Lee Bank (DBT) has tuccessfully tapped the Singapore capital markets for US$l5 pillion through a two-year revolving credit facility. DBT is a feint-venture between Tat Lee Bank, DBS Bank and PT Bank Ruana Indonesia. The facility arranged by NDC
        85 words
      • 75 7 WASHINGTON The former head of Saudi intelligence find a key figure in the 1982 takeover of First American ftankshares by Bank of Credit and Commerce International, Kamal Adham, has pleaded guilty to violating the New York Bank holding company act. The newspaper said Mr
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    • 350 7 Reuter NEW YORK The International Swap Dealers Association (Isda), meeting here this week, is in the midst of a key rearguard action to save legislation that will ensure US swaps remain exempt from the controls on futures. The legislation, the Commodity
      Reuter  -  350 words
  • Page 7 Advertisements
    • 244 7 THE MERITS OF BEING BOTH A HARE AND A TORTOISE. What would you think of an Air Express company that believes they should meet your business schedule and not you theirs? Slightly unusual? That would go to the extent of offering over 100 scheduled flights departing Singapore daily with multiple
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  • THE REGION
    • NOTE BOOK
      • 62 8 JAKARTA Indonesia expects its exports of electronic products to reach US$6OO million (***** million) next year, the Kompas daily said here yesterday. The newspaper quoted Junior Industry Minister Tungky Ariwibowo as saying that the forecast was based on the fact that several foreign electronic
        62 words
      • 60 8 BANGKOK The Thai Cabinet agreed on Tuesday to abolish immediately all government fees for the processing of import and export documents to promote trade, the Prime Minister's Office said yesterday. The fees, imposed in 1979, were impeding Thailand's international trade, and bring in average annual revenue
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      • 78 8 KUALA LUMPUR A Malaysian environment group, which has accused Japanese conglomerate Mitsubishi of being party to radioactive pollution here, is initiating a worldwide boycott of the company's goods. Hew Yoon Tat, chairman of the Perak Anti-Radioactive Committee, said on Tuesday that the boycott was to protest
        78 words
      • 65 8 JAKARTA Indonesian President Suharto has named Deputy Chief Justice Purwoto Suhadi Gandasubrata as the new chief justice to replace the recently retired Ali Said, the official Antara news agency said yesterday. Mr Purwoto, 63, was chosen from four candidates proposed by Indonesia's legislature and would
        65 words
      • 103 8 KUALA LUMPUR Deputy Health Minister Mohamed Farid Ariffin said yesterday that Malaysia will extend the current ban against cigarette ads on television to include the print media. Laws, which will go in effect from the end of this year, would penalise violations with
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    • 354 8 He vows to end military participation if appointed as PM Reuter TOKYO The man who led Thailand's antigovernment demonstrators in May vowed yesterday to drive the military out of business and politics if he becomes prime minister after national elections in September.
      Reuter  -  354 words
    • 325 8 MBT KUALA LUMPUR The Vietnamese government has given the nod for Malaysians to undertake investment projects in three localities in that country. Two of the areas in the provinces of Kuang Ninh and Baria Vung Tau have been approved for tourism projects, while
      MBT; Source: Dept of Statistics Kuala Lumpur  -  325 words
    • 417 8 Reuter MANILA Senior Philippine officials have told President Fidel Ramos that the country's foreign creditors are optimistic about the country's economic outlook and say the worst is now behind it. In a joint memorandum to Mr Ramos, Manila's chief debt negotiators
      Reuter  -  417 words
    • 296 8 AFP BANGKOK Thais who turn in politicians offering to buy their votes in the upcoming election can earn up to 120,000 baht (557.600) from a group trying to wipe out the practice, reports said yesterday. The cash would be paid from a three-million-baht
      AFP  -  296 words
    • 287 8 AFP HONGKONG Hongkong is shifting towards a more services-oriented economy, in spite of cost pressures on limited economic resources, especially labour and property, an economic report said yesterday. The report of Hongkong and Shanghai Banking Corp said the major service industries appeared
      AFP  -  287 words
    • 166 8 AFP SEOUL South Korea posted a trade deficit of US$4.B billion (557.7 billion) during the first five months of the year, the highest among Asia's four "dragon" economies, trade officials were quoted as saying yesterday. The Yonhap News Agency quoted Trade and Industry
      AFP  -  166 words
  • Page 8 Advertisements
    • 536 8 I (Incorporated in the Republic of Singapore) I INTERIM RESULTS 1992 THE DIRECTORS OF SEMBAWANG SHIPYARD LIMITED ANNOUNCE THE UNAUDITED RESULTS OF THE I COMPANY AND THE GROUP FOR THE HALF YEAR ENDED 30 JUNE 1992 AS FOLLOWS: I COMPANY fifIQUE I 1902 1981 %W- 1992 1881 I sstx» SstX»
      536 words
    • 78 8 This announcement appears aa a matter of record only DBS BUANA TAT LEE BANK U5D15,000,000 Revolving Credit Facility Arranged by JT NDC MERCHANT BANK LTD Lenders The Daiwa Bank, Limited, Singapore Branch The Fuji Bank, Limited, Singapore Branch The Long-Term Credit Bank of Japan, Limited, Singapore Branch The Nippon Credit
      78 words

  • THE WORLD
    • 508 9 Study predicts Italy will be hardest hit IHT PARIS Stoking a controversy with wide political implications in several European Community (EC) countries, a report by the International Monetary Fund (IMF) estimates that moves to achieve economic and monetary union will be a
      IHT  -  508 words
    • 307 9 Reuter BEIJING China's most powerful military leader has said Deng Xiaoping's programme of economic reforms will give Beijing both the military and the economic muscle to begin acting like a big power. Yang Baibing, secretarygeneral of China's Central Military Commission, said in
      Reuter  -  307 words
    • 338 9 NYT NEW YORK In another setback for the struggling US economic recovery and President George Bush's reelection campaign, consumer confidence dropped sharply in'. July, the Conference B<&rd reported on Tuesday. 'The business group's widely followed confidence index fell 16 per cent, erasing
      NYT  -  338 words
    • 323 9 IHT I LONDON The British gdvernment's economic policies took a pair of body blows on Tuesday from one ol its erstwhile staunchest defenders, the Confederation of British Industry (CBI). •Not only did the CBl's quarterly industrial trends reveal a sharp downtijn
      IHT  -  323 words
    • 267 9 FT BONN German engineers, retailers and economists on Tuesday warned that the expected economic recovery would be delayed and placed most of the blame on the Bundesbank's high interest rates policy. Domestic orders for plant and machinery in June were 22 per cent
      FT  -  267 words
    • 536 9  -  Strategies of Ireland, Singapore to be adopted From Neel Patri in NEW DELHI IN A BID to become the top software exporter, India will set up so-called centres of excellence and adopt some of the strategies that Ireland and Singapore have successfully implemented.
      536 words
    • WORLD WATCH
      • 78 9 TOKYO Contracts signed for exports and imports in the first six months of 1992 fell on a year-to-year basis for the 19-member trading firms of the Japan Foreign Trade Council, a council spokesman said on Tuesday. Export contracts fell by 1.2 per cent
        78 words
      • 61 9 WASHINGTON The International Monetary Fund has extended for another year its deadline for very low interest loans available to 72 Third World governments, fund officials said on Tuesday. The countries, eligible because of their citizens' low incomes, are mainly in Africa but include China and
        61 words
      • 78 9 ROME Nearly two weeks after undergoing intestinal surgery, Pope John Paul II was discharged from the Gemelli Hospital on Tuesday to convalesce at a lakeside retreat south of Rome. Smiling and waving to about 250 wellwishers fellow patients, nuns and hospital workers the Pope, wearing his
        78 words
  • Page 9 Advertisements
    • 687 9 S y Bayerische Landesbank f Girozentrale I CONDENSED CONSOLIDATED BALANCE SHEET AS AT 31ST DECEMBER 1991 (Figures in DM Millions) I ASSETS 1991 LIABILITIES 1 991 I Cash funds 474 8 Due to Bavanan savings banks 14,223 3 Bills of Exchange 700.6 Too« o1 I Due from Bavarian savings banks
      687 words

  • 532 10 EDITORIAL IT MAY NOT have been quite a case of David taking on Goliath, but Mr Ng Kim Hoo's successful petitioning of Singapore Airlines for a bonus issue must be inspiration for the small investors who feel their interests have been ignored by listed companies. Some of
    532 words
  • WHAT THE OTHERS SAY
    • 299 10 WHAT keeps President Saddam Hussein in power? The question is not unimportant for being dated. Indeed, the latest fracas between Iraq and the United Nations over the inspection of the Agriculture Ministry, suspected of being used to hide weaponsrelated material, dramatises the question. Though Baghdad backed
      299 words
    • 102 10 IN many ways, the Barcelona 1992 Olympics is an historic event. It is the biggest and most expensive sports event. Barcelona also scores many firsts. For the first time, black and white athletes from South Africa will take part in Barcelona. Similarly, the Germans will compete as
      102 words
    • 121 10 THE sheltered housing scheme in old housing estates must be coordinated with the upgrading of the estate as a whole. Improv ing the living environment and the individual units are equally important. It the living environment is not improved, the other residents in the estates with sheltered
      121 words
  • REGIONAL VIEWPOINTS
    • 182 10 WE believe the main goal of improving the mass media should be to offer the national audience alternative sources of news and information. Raising funds from selling the three TV licences for use in improving Channel 11, as some commission members have suggested, should only be a
      182 words
    • 163 10 BENEFICIARIES of the 1991 scheme automatically win British citizenship not only for themselves but also for their wives and children under 18. Yet some other children are denied citizenship unless they and one or both of their British citizen parents go to live in the UK for
      163 words
    • 160 10 MALAYSIAN manufacturers have to show more appreciation for what Sirim (Standards and Industrial Research Institute of Malaysia) is doing and the assistance it is extending to them. They have to demonstrate more interest in product development, quality control and meeting standards. The ISO 9000 series of
      160 words
  • 1042 10  -  Strategic alliances between companies are in vogue but Christopher Lorenz warns that while they may give companies unprecedented flexibility, they can also render them unstable Christopher Lorenz FT STRATEGIC alliances are seen almost universally these days as a "good thing" like motherhood. But they
    FT  -  1,042 words
  • Page 10 Advertisements
    • 590 10 BUSINESS TIMES Toll- free Tel No 737 0Q43-Fax No: 734-3698 1 Hai Sun Hup Group Ltd I (Incorporated in tie Repubfic of Singapore) ANNOUNCEMENT J I (1) PROPOSED FIRST AND FINAL DIVIDEND OF 10* (TAX EXEMPT) M RESPECT OF 9 THE FINANCIAL YEAR ENDED 31 MARCH 1992 ("PROPOSED DIVIDEND") I
      590 words
  • Page 10 Miscellaneous
    • 36 10 DOONESBURY by garrv trudeau ~~~1 ÜBSOTN ACABIOGOSEE BUT fT UA6 FF6E2IN6 ON THE I SOHOWVOU GREAT! Ski TWO MAKE mHfIP 9fAKH6USH,SqHte**P 1 aJTTOWi* AUtAL URIOSTMmOOV*. 90Ut *22!? J MBtesT- PUNT&TH6*Vm,Ap*X>K au? AH T' Hsw rye scauay
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  • ANALYSIS
    • 983 11  -  George Hicks writes that the idea of a Pacific Century should be buried. This article is in line with another which appeared in BT on May 20 in which he did not hold much promise for East Asia, saying that democracy in most of
      983 words
    • 1540 11  -  Russia is competing with American and European defence companies for the lucrative military market in Malaysia and China. At the same time, Russia's decision to stay on in Vietnam's Cam Ranh Bay is dictated both by security and business considerations, reports Harish Mehta Harish
      1,540 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 824 12 Nothing Beats A Bud. where to wine, dine WmiG OF JOIN m IMS vV AND HAVE AMU 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
      824 words
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      184 words
  • Page 12 Miscellaneous
    • 690 12 j TELEVISION AND RADIO f* 1 ."J Sftfel* A Mi Om. I Buss of death fi&sSfeitZ!. IMc BrooMast Roport (Q 7.05 am, 1.36pm, 5.05pm, 1.05 am: ■MngßWl i 0 CkM 12,19 M amtm 12M 711 *">—" *Tl' World Business Report ■paaiiailliaa™ IJi }y^ f s^(Nl^lk ita* 1, *.5 in vhf
      690 words

  • LIFESTYLE
    • 1121 13  -  Dawn Tan catches up with Def Leppard drummer Rick Allen when he was in town recently Dawn Tan Fidgeting with the laces on his black suede boots in a plush suite in Singapore's Shan-gri-La Hotel, Rick Allen is a pensive figure in quiet repose. With no
      1,121 words
    • 789 13  -  Jane E Brody on what makes a long, happy marriage Jane E Brody NYT ASKING long-married couples why their marriages have endured while nearly half those around them have been torn asunder is like asking 10 blind men to describe an elephant. The answers
      NYT  -  789 words
    • 655 13 CHATTERBOX LEADING auctioneer Christie's withdrew nine bird paintings from a sale of jailed tycoon Alan Bond's art collection after doubts over their authenticity, a spokeswoman said in Melbourne yesterday. Christie's Australia would do further research on the watercolours, catalogued as the work of
      655 words
  • Page 13 Advertisements
    • 220 13 AND ENTERTAIN «•V M f IKb VSB i I The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price utvt^ flnniui n hniirc ANA HOTEL during these hows SINGAPORE Mon to Thur 6pm
      220 words
    • 154 13 Mil I »»i |~J un e July Prom olio n j Experience the freshest from the sea at CHINA CHINA RESTAURANT Special set menus available for lunch and dinner from $68 (2 persons) to $338 (10 persons) I For reservations, please call 3224 228/9 Our mUmraut outlet! wrlcomt tk public
      154 words

  • ADVERTISING AND MARKETING
    • 714 14  -  Stacey Marcus and Nuala Slansky discuss the impact of colour in business Stacey Marcus and Nuala Slansky The writers are lecturers at the Nanyang Technological University Many people do not realise that something as basic as colour can be a component of international trade. Flip through
      714 words
    • 500 14  -  Jennifer Lien discovers this at a new shop in town Jennifer Lien GIVE a child five pages of arithmetic to do and the reaction could be a scream. Give it a game to play with and the reaction is likely to be a smile. Children
      500 words
    • 149 14 ONE of Italy's largest furniture-makers, Silik, has appointed Ad Grand to handle its advertising campaign. The $400,000 contract will attempt to introduce Silik's range of Baroque and Rococo style furniture, which are crafted by master carpenters in Cantu, Italy. Silik is noted for furniture
      149 words
    • 539 14 NYT NEW advertising for Levi's jeans takes a down-to-earth, back-to-basics approach, featuring earnest young men in charmingly inarticulate discussions of life's larger meaning as they wander through urban and rural settings. And new advertising for Levi's jeans also takes a glossy,
      NYT  -  539 words
  • Page 14 Advertisements
    • 355 14 S*?' «!EL < <^6^tSi&. v OH dear, oh dear, it looks like Charles Would they have given us $4 million and Di and Fergie and Andy aren't the only couples doing the marital splits. Here to promote family life if they'd known at Adcom, after a lot of heart-searching (not
      355 words

  • SPORTS
    • 427 15 Olympics AP BARCELONA Finally, the'biggest names in American'swimming got beat at the Olympics. Matt Biondi and Janet Evans the golden superstars of Seoul in 1988 were reduced to also-rans in gn Eastern European gold medal march. Biondi finished fifth in the 100 m freestyle on Tuesday. Evans, the
      AP  -  427 words
    • 602 15 NYT BARCELONA The Pocket Hercules does not need to carry all that weight anymore. It was quite enough for Nairn Suleymanoglu to win another gold medal on Tuesday night. He is a two-time Olympic champion at the age of 25. He said he did
      NYT  -  602 words
    • 355 15 AFP BARCELONA The Unified Team swept to its expected victory in the women's team gymnastics competition on Tuesday, but Romania caused the night's upset by denying the US the Olympic silver medal. The six winners, still wearing the communist
      AFP  -  355 words
    • 696 15  -  Business Times-Lancome Golf Tournament By Susan Tsang SINGAPORE The Business Times-Lancome 16th Anniversary Advertising Golf Tournament took place yesterday in nearly perfect conditions. The overcast skies kept things cool enough for the 155 competitors, who were invited to forsake a
      696 words
    • OLYMPIC FEATS
      • 97 15 BARCELONA What's in a name? You never know, but there are some gems at these Games. Take the Ivanov contingent from Bulgaria: Ivan Dobrev Ivanov, the badminton player, Ivan lotov Ivanov, the archer, Ivan Yanev Ivanov, the gymnast; and Ivan Ivanov Ivanov, the gold-medal weight lifter.
        97 words
      • 56 15 BARCELONA Felix Savon, the Cuban heavyweight boxer who has won every major amateur title except the Olympics, made his Olympic debut on Tuesday with a second-round knockout of Krzysztof Rojek of Poland. Savon was the third Cuban to win on Tuesday, running their record to 7-0
        56 words
      • 108 15 BARCELONA Thanks in part to gymnastics, the CIS with eight golds was far ahead of the much-vaunted Americans in the medals tally after Tuesday's events. The Americans had only four golds, fewer even than China and Hungary with five apiece. In the overall tally,
        108 words
      • 91 15 BARCELONA Said Aouita, Morocco's four-time world record holder, has pulled out of the Olympics after failing a fitness test on a pulled thigh muscle. "He is shattered," said Moroccan team official Ali Arazam. "He desperately wanted to run." Aouita, who had until yesterday to register for
        91 words
      • 87 15 BARCELONA Lee Eun Chul came from behind to win the men's small-bore rifle prone position title and earn South Korea its second Olympic shooting gold. Harald Stenvaag of Norway took the silver and independent competitor Stefan Pletikosic the bronze after Germany's Hubert Bichler had led
        87 words
    • 182 15 BADMINTON: Men and women, 4pm/ 11pm: Singles (2nd rd), doubles (Ist rd), Women BASKETBALL: Women's Group A, 7pm: CIS v Cuba, 4am (Friday): Brazil v Italy Group B: spm: Czechoslovakia v United States, 2am (Friday): China v Spain BOXING: Ist rd, 7pm/lam (Friday): Lightweight, light-wel-terweight EQUESTRIANISM: 11pm: 3-day
      182 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3061 16  -  By S N Vasuki "IT WAS a mini rally, but certainly a hollow one," an analyst said yesterday as the Singapore stock market confounded the sceptics and the Straits Times Industrials Index bounced back above Monday's levels to close 17.06 points higher at
      3,061 words
    • Article, Illustration
      61 16  -  By Quak Hiang Whai Comment ALL THE CHARTS on Far East Levingston Warrants point to an imminent correction. Alter plunging from about $3 last year, the daily, weekly and monthly stochastics are now near zero. The weekly relative strength index is also approaching zero. Watch for a rebound
      SOURCE: BRIDGE INFO  -  61 words


  • 2926 18 Gentingj 50" 805 +15 +1 9* Magnum Corp 50* 456 +6 +1.3% MISC Foreign 456 +4 +0.9% Landmarks Bhd 107 3 NST 271 +3 +11% Sungci Way 176 +3 +1.7% Berjaya Ind 63 2 +3.3% Fwn 50« 420 +2 +0.5% Hume M 344 2 +-0.6%
    2,926 words
  • Page 18 Advertisements
    • 93 18 IwlSgl i 101 I IIIGI IP! 9 f "Do wiling out o( die ordinary now and then so it won't go stale. 1 9 J 'Sacrifice time to keep each other company. 1 J y 'Follow the French proverb: 'A good wile is one who is blind. A good y
      93 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5267 19 Bernama SHARE PRICES rebounded on the Kuala Lumpur Stock Exchange yesterday on renewed buying support. The Composite Index gained 4.94 points to 590.71 and the Emas Index firmed 0.73 of a point to 144.13. The Industrial Index gained 1.08 points to 999.28. The
      Bernama  -  5,267 words

  • BT SHARE INFORMATION SERVICE
    • 330 20 f llilfj Data Yaar CrMf N«t N«t aarniags Crass am to profit/loss (L) par shara #»Maa< ('OM) (carta) C* Tang Jul 23 Mar 92 S3.802(S6.S52> 92(168) 6(6) Causeway Jul 22 Dec 91 $3581(11.808) —(5.8) J Cement Jul 22 Mar 92 $10.044($3.126) 28 5(89) 12.5(7.5) Asia Pk Ld Jul
      330 words
    • 206 20 Company Daft Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Rashid Hussain Jul 21 May 92 M568 2/9(568.223) 24 4(33) 5(5) YTL Corpn Jul 24 Jun 92 M$42.505($30.951) 17 3(136) 10(10) Sn Hartamas Jul 21 Dec 91 M$955l($14.874L) Khong Guan Jul
      206 words
    • 203 20 Cm»a«y Date Haff-yur Grmip pre-tax Interim mh to profit/loss (L) dividend (000) MU Mfg Jul 28 Jun 92 M$6.665($l3.581) 12(12b) Semb Shipyard Jul 28 Jun 92 $71.234($51.061) 8(8) Ul Securities Jul 28 Jun 92 $1.570(J1,839) Semb Maritime Jul 27 Jun 92 $8,025(57.146) Magnum Corp Jul 27 Jun 92
      203 words
    • 417 20 Jul 26 CK Tang Ltd expects its trading division to double its contribution in two to three years' time and is aggressively expanding both aspects of its business stores and trading. Eu Yan Sang Hongkong Pte Ltd is applying for a public listing on the Hongkong Stock Exchange
      417 words
    • 577 20 toim Ex Ms Mi T«Wlv Mfcr imwwt Mi cbM ftmymr Mjiar Mn Hdp 50c 6*(b) Aug 26 Sep 7 Sep 2* 6% 6* Anted 25c 10% Aug 21 Aug 27 S«p 10 10% 10% Asa Pac Ld 50c 2%<b) Jul 23 Au| 6 Sep 1 2% 2% Avro
      577 words
    • 405 20 Company Rights Issue MC Bart One fw two MSI 25 per share Ei-date Jun 2 Books dose km 17 Acceptance t Payment Jul 30 Eu T«i Sang Three-for-one (a SI 05 per share Ex-date Jun 17 Books Close Jun 27 Acceptance Payment Aug 3 MAA Three-tor tour at
      405 words
    • 113 20 Rothmans Murines Ltd: 13th AGM at the Registered Office, Virginia Par, 905 Buhit Timah Road, Singapore 2158, on Thursday, July 30 at 11.30 am km Pacific Land Bhd: 31st AGM at the Miami 111 Hall, Ferringhi Beach Hotel, 12.5 km Batu Ferringhi Road, ***** Batu Ferringhi, Penang, on
      113 words
    • 88 20 Conversion Special Trig acnpms Company Con version starts (IDP) Period (ST) Trading starts A moot Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 Harimaa Jul 17 Aug 13 Jul 31 Aug 13 Aug 14
      88 words
    • 365 20 In local curr In S$ In IJS$ dy >t «l> yr dy yr Jwl) 28 Index chge chge chge chge chge chge World 368.9 0.5 -9.6 0.4 -9.7 0.6 -9.3 $E\FE 422.9 0.2 -15 8 0.5 -15.1 0.6 -14.8 Europe 397.9 0.5 -3.3 0.9 -0.3
      365 words
  • 609 20 JMoving Averages: A moving average shows at any one time the mean •f the prices over a specified time SGrame. A five-day moving average, for instance, is the average of the last five •days* prices. Moving averages (MA) are normally jotted with the prices, and serve as Indicators
    CHARTS BY BRIDGE  -  609 words

  • STOCK EXCHANGE OF THAILAND
    • 1822 21 Reuter THE four-baht rally of Thai Airways International helped push the stock index to a higher close yesterday, brokers said. The SET Index rose 4.01 points to 736.58 on moderate turnover of 4.89 billion baht. Advances led declines 110 to 98. Thai Airways,
      Reuter; Source: Bridge Info  -  1,822 words
  • JAKARTA STOCK EXCHANGE
    • 958 21 STOCK prices slipped further in dull trade on heavy selling yesterday, brokers said. "Some investors are taking a wait and see attitude. Some others are selling their shares to avoid further losses," one said. Astra International fell 100 rupiah to 11,750
      Source: Bridge Info  -  958 words
  • CHINA STOCK EXCHANGES
    • 333 21 Reuter CHINA SHARES finished mixed yesterday as investors continued to switch to Shenzhen from more sluggish Shanghai after a bout of prof-it-taking on both exchanges on Tuesday, Hongkong brokers said. In its daily report, Credit Lyonnais Securities said Shenzhen B shares aimed
      Reuter  -  333 words
  • Page 21 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2564 22 Reuter TOKYO Stocks etched new lows yesterday, with the 225-share Nikkei Average losing 330.69 points or 2.14 per cent to 15,095.95 after flirting with 15,000. Shrugging off Wall Street's rally, investors were preoccupied with domestic woes as rumours of bad debts again swept the
      Reuter  -  2,564 words
  • STOCK EXCHANGE OF HONGKONG
    • 2496 22 AP AFP HONGKONG Share prices on the Hongkong stock exchange closed sharply higher for the second consecutive session yesterday, boosted by the overnight rally on Wall Street. The Hang Seng Index, the market's key indicator of blue chips, rose 74.66 points, closing at 5,857.29.
      AP; AFP  -  2,496 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2065 23 Reuter AUSTRALIAN shares were pulled off their day's high yesterday as the push from New York's biggest one-day rise in three months was negated by falls in Tokyo. "When one major market goes up, and the other down you have to
      Reuter; Source: Bridge Info  -  2,065 words
  • REGIONAL STOCK MARKETS
    • Manila stocks end higher in moderate trade
      • 532 23 MANILA share prices closed higher in moderate trade yesterday as positive news in the oil sector drummed up buying interest, brokers said. The Manila Stock Exchange Composite Index rose 7.64 to 1,485.31. "Buying interest is building up mainly on account of exciting developments in the oil sector," said Conrad
        532 words
      • 317 23 ANOTHER SHARP FALL in Fletcher Challenge's share price yesterday, coupled with Tokyo's inability to follow on from Wall Street's sharp rise, took New Zealand share prices marginally lower at the close. The NZSE-40 Capital Index ended 2.94 points down at 1,528.48. The 52point overnight rise on the Dow
        317 words
      • 476 23 TAIWAN'S Weighted Stock Index finished at a new 18-month low yesterday as overall sentiment remained gloomy, but paper shares were sharply higher on buying by institutions, including foreigners, brokers said. The index stayed in negative territory for most of the session and closed 11.78 points down at 3,947.32 on
        476 words
      • 750 23 STOCKS remained in the doldrums for the fourth consecutive day yesterday as a lack of fresh news made investors turn away from the market, brokers said. The index fell 5.61 points to 508.84. Trading volume and turnover were weak as 8.45 million shares worth 98.99 billion won changed hands
        750 words
      • 143 23 SHARE PRICES finished mixed on Tuesday after an early surge triggered scattered profit-taking, brokers said. They said the selling came from financiers who were saddled with a large number of shares, against which they had advanced cash to big market players. The players ducked interest payments on the loans
        143 words
      • 53 23 INDICES TURNOVER Clw Jrijr 2» Pit ii— ICW ZEALAND NZSE-40 Capital 1.528.48 1,531.42 -2.94 MAMLA Composite Index Turnover (mil pesos) 1,485.31 243 1,477.67 235.9 +7.64 +7.1 TAIPEI Weighted Price Index Turnover (NTS billion) 3,947.32 21.47 3,959.10 22.1 -11.7* -0.63 SEOUL Composite Stock Index Turnover (billion won) 508 84 98.99 514.45
        53 words

  • WORLD STOCK MARKETS
    • Dow surges 51 points in heavy trade
      • 73 24 INDICES TURNOVER m YOW My 21 dm PiiiIim Dow Jones SAP 500 Turnover (million) 3,334.07 3,282.20 +51.17 417.52 411.54 5.98 218.06 164.70 -1-53.36 L0N00N Financial Timet 30 FTSE 100 Turnover (million) 1,785.6 1,767.0 +18.6 2J73.4 2,348.0 25.4 445.2 562.0 -116.8 FMNRIURI DAX Index 1,610.59 1,618.09 -7.5 AMSTERDAM FOE Index 284.99
        73 words
      • Article, Illustration
        1522 24 SHARPLY HIGHER bond prices that drove interest rates to a six-month low and unexpected strong earnings by Chrysler ignited a rally in New York in heavy trading on Tuesday. The Dow Jones Industrial Average, which slid 3.51 points on Monday, surged 51.87 to 3,334.07 for its second biggest
        1,522 words
      • Article, Illustration
        836 24 SHARES BRUSHED off their recent worries in London, posting their biggest rise for more than two weeks on Tuesday in reaction to the market's oversold condition and a good start on Wall Street. After nine weeks of losses, traders took in their stride a new gloomy report from the
        836 words
      • 122 24 Brussels July 28 Fraacs FORWARD MARKET Acec 2530 Arbed 3750 unch Astar 504 Brascan *44 unch Canpac 442 I Cock 155 I De Beers 600 8 Ebcs 7730 G Bdg(P) I 980 10 Gb-Inno-Bm 1446 16 Gevaat 6510 10 Gr Bru Lamb 3000 20 Hobok Petro ***** unch Ryl Dutch
        122 words
      • 123 24 THE FRANKFURT stock market suffered a moderate loss on Tuesday, as the DAX Spot Trend Index ended the session at 1,610.59 points, down by 0.50 per cent from 1,618.09 at the Monday close. rranKiun J*y 28 DM Ac» 171.20 -4.30 BASF 220.50 2.50 BMW 527.00 -1.50 Bayer 262.10 -1.10
        123 words
      • 331 24 SHARES ENDED a shade firmer on Tuesday as a stronger tone in London persuaded a handful of players to pick bargains, but demand concentrated on chemicals stocks and the rebound was largely technical, dealers said. The EOE Index closed up 1.08 points at 284.99. Chemicals groups Akzo and DSM
        331 words
      • 207 24 FRENCH SHARE prices kept the lead they established early on and ended higher on Tuesday, encouraged by Wall Street's rise and fed by arbitrage, dealers said. The CAC-40 Index finished 13.65 points higher at 1,769.00. Some 1.6 billion francs' worth of shares changed hands during the day. As the
        207 words
      • 164 24 ITALIAN STOCKS posted moderate gains on Tuesday after seven sessions of losses, but volume was light as investors showed little enthusiasm for opening large positions. The MIB Share Index edged up four points to close at 784. Blue chips, which have been battered for several days, recovered slightly. Brokers
        164 words
      • 264 24 A WAVE OF buying late on Tuesday led Swiss shares to a higher close in thin trade. The All-Share SPI Index rose 9.4 points to 1,122.8 and the SMI Index of leading shares put on 15.5 to 1,777.4. "Volume was not too big, there was a lot of to-and-fro
        264 words
      • 167 24 SWEDISH SHARES rose strongly for the second day in a row on Tuesday. Analysts agreed the lack of players made for volatility, but differed over whether they were looking at a technical rebound or a changing trend. The Bourse General Index rose 1.47 per cent to 843.38, while the
        167 words
      • 375 24 SOUTH AFRICAN stocks drifted sidb-* ways in quiet trade on Tuesday as in*) vestors waited for fresh directions dealers said. "It appears this market ifc running out of sellers, but buyers are' also on the sidelines as well. But th«? downward momentum is slowing* down," one dealer said. The
        375 words
      • 319 24 TORONTO STOCKS followed on tte, heels of the rally in the US and Canadian bond markets and on Wall Street to end moderately higher on Tuesday. The TSE 300 Composite Index closed 15.08 points at 3,411.54. Advances leddeclines 256 to 237. Turnover was re>stricted to 23.1 million shares valued
        319 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1227 25 REPORTS Tokyo: The US dollar closed firmer against the yen here yesterday when speculative yen sales emerged as Tokyo share prices came close to the key psychological barrier of 15,000, dealers said. But a stronger mark in yen-cross trade limited
      1,227 words
    • 384 25 Cross rates July 29 USS SS MS Dm Yen SFr AS NZS uss 1.6130 2.5000 1.4720 127.40 0.5179 1.3015 1.3441 1.8332 ss 0.6200 1 1.5499 0.9126 78.9833 0.3211 0.8069 0.8333 1.1365 MS 0.4000 0.65 1 0.5888 0.2071 0.5206 0.5376 0.7333 Dm 0.6793 1.0958 1.6984 86.55 0.3518 0.8842
      384 words
    • 518 25 Interbank rates S$ Bid Offer Overnight 2 5/16 2 7/16 1-month 2 5/16 2 7/16 2-month 2 5/16 2 7/16 3-month 2 5/16 2 7/16 Overnight mode. 2-3/8 USS BM Offer 7 days 3 V16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 5/16 3
      518 words
    • 328 25 Reuter CHICAGO Solid signs of recovery would be the best news not only for the US economy but for a littleknown futures contract that observers think would thrive on a rise in rates and a revival of volatility. In the 27
      Reuter  -  328 words
    • 1548 25 S1MEX 94 CTMOOOtUa Open High Low Sett Est Vol Act/Vol Op/lnt 9; o,„ iu <i QA 54 96.33 96.53 2900 3826 ***** »< Dec 92 %'20 96.22 96.20 96 20 5800 3646 ***** 9J Mar 93 96.12 96.15 96.12 96.13 3400 2616 ***** Jun 93 95.83 95.86 95.83
      1,548 words
  • Page 25 Advertisements

  • COMMODITIES
    • 357 26 Reuter LONDON Petroleum markets arc entering a danger zone in which wild swings in oil prices may put a new strain on a fragile global economy. "Probably at no time in the history of the oil industry have there been so many uncertainties,"
      Reuter  -  357 words
    • 290 26 Reuter NEW YORK Gold futures may briefly extend the gains of the past two months, but there are technical and fundamental factors that will soon tarnish the appeal of the metal, analysts said. Martin Murenbeeld, head of Murenbeeld Associates Inc, said
      Reuter  -  290 words
    • 760 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market finished 25 sen higher at MS 17.05 per kg yesterday mainly on speculative buying. The performance on the local market was aided by the steadier close on the London Metal
      760 words
    • 1474 26 Rubber m dwmirntt cirtMji (h>«nw^ii«>ip) KS» 1 C—tract (ScentVkg) Close Volume Open Month High Low Sen (tonnes) Interest Aug 92 144.50 143.50 143.50 2,300 925 Sep 142.50 142.00 142.50 1,900 3,975 Oct 142.25 141.75 142.25 375 3,825 Nov 142.25 141.75 142.25 675 3,875 Dec 142.25 141.75 142.25 375 3,800
      1,474 words
  • Page 26 Advertisements
    • 829 26 INESS TIMES Taw ft'—T»4 No :737-0Q43 -Fax No: 734-3888 STRAITS STEAMSHIP LAND LIMITED U -J W 1 (incorpoaieo in ro Kepuouc ot s«pport) LOST STOCK CERTIFICATES <W*ato lM b— HHi to fte Directors or tie aborenamed Company to issue Mi cmMMb in pin ol Id toMowna nrtitaln vMch kM been
      829 words

  • 1179 27 q» mm tut hm< no a* nm nm n» ftfeaflMII GA893 1315 KdfewM RM08 <*% 1QSS MM WMfcl MH631 1520 MH630 0950 8Q22S 2050 MH0O2 0700 i*" nj.g; 555Z KMU lapr MHOOI 0120 SQ102 0730 RJ183 0005 MH640 0605 MH604 0740 MMfe 9Q319 0715 KL838 2240
    1,179 words
  • THE TRAVEL PAGE
    • 565 27  -  POSTCARD FROM CARACAS By Gary Regenstreif The ghosts of February's coup attempt have kept some tourists away from Venezuela but officials expect to lure them back with a campaign promoting the country's Caribbean white sand beaches and other attractions. Tourist arrivals dropped by 25 per cent in
      565 words
    • 152 27 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1935 1.2097 Canadian dollar 1.3433 1.3705 NZ dollar 0.8691 0.8870 Sterling pound 3.1002 3.1425 US dollar 1.6100 1.6170 Local dollars to 100 anits of farciga can-eacy Austrian schilling 15.38
      152 words
    • 86 27 Duration Title Venue Organiser Te» Sep 6-9 Fine Food Melbourne Australian (61)3/867.79*1 Exhibition Services Sep 6-10 International Earls Court. Reed Exhibition 081-*****71 Watch, Jewellery and Silver Trades Fair London Companies Ltd Sep 6-9 International Dussddorf. IGEDO. (49)211-*****1 Fashion Trade Fair Germany Internationale Modemesse Duration Title Venue Organiser
      86 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. £/=7/V/V/7/>7 We KosvEarope boa ttft id RodWl
      45 words
    • 6 27 Innovation Technology in BT every Tuesday
      6 words
    • 315 27 BUSINES_STIMES ToM fra« lW No: 737 0043 Fax No: 734 3608 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN (fa* I,TohChewFai of Blk *****2-1457 Yishni Ave 2, Singapore 2776 have applied for a Retail Liquor Shop licence in respect of premises at M/s Jerry Mini Mart at Blk 553 #01K1 Hougang
      315 words
    • 343 27 UQUOR UCENCE NOTICE NOTICE IS HEREBY GIVEN that, I, OoAhToo of 358 Lorong Kilat, Singapore 2159, have applied for a Retail Liquor Shop licence in respect of premises at M/s CAS Mini-Market at Blk *****1-488 Hougang Ave 8, Singapore 1953 and that this application will be heard in Court No.
      343 words
  • Page 27 Miscellaneous
    • 158 27 1 Lodgings once a gold- 9 Usud to win nothing in 10 A in church pigeon? (5) 27 Drib 4*en of Castile? 28 Could be Lear's bunk? (8) course? (8-4) 14 Immature insect's rate of DoM(|l progress under city (5) YESTERDAY'S SOLUTION 2 Trespassing in August, "Fresh March Wind" say?
      158 words
    • 170 27 Singapore Outlook: Showers with gvsty winds over nay areas in the pre-dawn hows and earty rooming. Report Maximum temperature 39.8 Assoc humidity 74% Minimum temperature 23.4 Assoc humidity 97% Hours of sunshine 3.85 Rainfall in mm Trace Rainfall this month 279.3 Rainy days this month 17 wona report Asia-Pacific Hi/Lo*
      170 words
    • 37 27 hiiIkiJWJJMISIgBr f hf-'c. in His OJ&6V woue finiNTc, Pecs&gvc usWMCRe'S GORDON BujCj FLOWP, I W»P6- "TVC. <eWS TO TW j£22£fe? —rrf VTMe.TV-.CMeF....: y \u)^e. cupboard!! 3?=, r«), pvi L§-i§ i% -w_ 8728 C AMOCIATEO HWMHM LTD, HB-WW
      37 words

  • 509 28 Exercises seen as warning to Iraq to comply with ceasefire terms Reuter WASHINGTON The US said on Tuesday that American troops will hold 17 days of war games in Kuwait beginning next Monday to emphasise its commitment to security in the Gulf.
    Reuter  -  509 words
  • 355 28 UPI BEIJING Chinese leaders are gathering for crucial meetings that will outline the country's direction for the coming years, with patriarch Deng Xiaoping taking direct command to enshrine his free-market economic reforms, Chinese sources say. Senior government and communist
    UPI  -  355 words
  • 327 28 Reuter WASHINGTON The United States is pressing the World Bank to direct more of its very low-cost loans to the world's poorest countries in a policy shift that Bank sources said would reduce such financing for China. It is pursuing
    Reuter  -  327 words
  • 348 28 Reuter DROMOLAND CASTLE, Ireland European Community farm chief Ray MacSharry said yesterday that he hoped the EC and the United States could avoid a farming trade war. "We do hope that we can find a way through this to avert
    Reuter  -  348 words
  • 183 28 Reuter TOKYO A government advisory panel yesterday proposed cutting 90 hours a year from the maximum overtime limit as part of efforts to encourage people to work less. The Central Labour Standards Council proposed reducing the annual overtime limit to
    Reuter  -  183 words
  • 208 28 AFP KUALA LUMPUR Government and opposition MPs agreed yesterday that a sex videotape allegedly featuring a former deputy speaker be turned over to police. After a heated debate, the House kicked out an opposition motion to view the tape in
    AFP  -  208 words
  • 759 28  -  The Bottom Line SREE KUMAR SREE KUMAR The writer is a fellow of the Institute of South-east Asian Studies. The views expressed are entirely his own THE SEASON of musical chairs is back with us, or so it seems. The Singapore Federation of
    759 words
  • 136 28 AFP KUALA LUMPUR British Foreign Minister Douglas Hurd said yesterday his country has no quarrel with a Malaysian-backed proposal for an East Asian economic grouping, strongly opposed by the US. "It is clear that it does not amount to a restrictive trade bloc
    AFP  -  136 words
  • Page 28 Advertisements
    • 34 28 Nikon The World's Hnest Photographic System MEDICAL SUITES Available For Lease Right in the heart of ORCHARD ROAD New commercial building From 1,000 sq ft upwards Close to Orchard MRT station Outside Restricted Zone
      34 words
    • 10 28 Economic reforms give China clout, says military chief, Pg 9
      10 words
    • 204 28 Nikon The World's Finest Photographic System I Seminar on H Financial Futures I Regulatory and control issues H This seminar highlights salient issues in the Futures Trading Act 1986, the Futures Trading Regulations 1986 and the SIMEX Rules 1984. Practical sessions will be incorporated to enhance participants' grasp of important
      204 words

  • ISEAS TRENDS
    • 1925 29  -  Tommy T B Koh assesses the Earth Summit and its ramifications for sustainable development Tommy T B Koh Professor Tommy TB Koh, Chairman, Main Committee; Chairman, Preparatory Committee; Director, Institute of Policy Studies. The views expressed are his own and not necessarily those of
      1,925 words
    • 1163 29  -  Lee Poh Onn examines the question Lee Poh Onn Lee Poh Onn is a Research Fellow at ISEAS specialising in environmental economics. SOUTH-EAST ASIA has now become a flashpoint of the environmental debate. With rapid rates of deforestation, and pollution caused by rapid
      1,163 words
    • 876 30  -  Chua Beng Huat analyses Asian values and political culture In the Republic Chua Beng Huat Dr Chua Beng Huat is a Senior Lecturer in the Department of Sociology, National University of Singapore. ISSUES of human rights tend to be raised by Western
      876 words
    • 222 30  -  Letter to the Editor Dr Hans Christoph Rieger IN his article, "Where economic indicators of military power can prove misleading" (Trends. No 22, June 25, 1992), Dr Derek da Cunha is right in pointing out the fallacies of using the percentage of GDP spent
      222 words
    • 939 30  -  Triena Ong writes about the economics of publishing Triena Ong Triena Ong is managing editor <y the Publications Unit at the Institute 4f Southeast Asian Studi«£ THE YEAR 1992 has been a real treat for Singaporean theatre-go-ers. In the past six
      939 words
    • 1222 31  -  Rolf J Langhammer looks at the bleak future of the new states presently riddled with strife Rolf J Langhammer Dr Rolf J. Langhammer is a Visiting Fellow at ISEAS, and Research Division Chief at the Kiel Institute of World Economics, Germany. IN THIS
      1,222 words
    • 177 31 THE MOST significant recent developments and trends in Southeast Asia, with particular emphasis on the Asean states, are chronicled in South-east Asian Affairs 1992 an annual review just published by the Institute of Southeast Asian Studies. Containing 20 articles covering political. strategic, and economic developments in
      177 words
    • 1288 32  -  Mahani Zainal Abidin sets out the economic challenges feeing the country for the rest of this decade Mahani Zainal Abidin Mahani Zainal Abidin is a Lecturer lH n the Faculty of Economics crnd\" Administration at the University of Malaya. Kuala Lumpur IN THE Second
      1,288 words
    • 183 32 PROFESSOR Robert O'Neill, the Chichele Professor of the History of War, and Fellow of All Souls College, Oxford will deliver a public lecture on the subject of The Security Challenges for South-cast Asia after the Cold War. Professor O'Neill has been
      183 words
    • 881 32  -  Sunn Maisrikrod looks at how the new 'Vietnam card' has changed the stakes in the regional game of politics Sunn Maisrikrod Dr Surin Maisrikrod is a Research Fellow of the Institute of Southeast ASM Studies, tohere he specialises on the politics of Indochina. SLOWLY
      881 words
  • Page 29 Advertisements
    • 365 29 I Why struggle up the corporate 'ladder when you can use the escalator? If you're ambitious and want to move Ik jak a lead on a new client. Or spotting up in the world, taking one simple step will developments that indicate a new trend, get your career moving. Fast.
      365 words

  • Page 30 Advertisements
    • 197 30 Trends Editors-ia-cMaf S. Rajaratnam K. S. Sandhu Editor Derek da Cunha Assistant Editor Pang Yin Wah International Advisory C—Htos Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B. Koh (Singapore) Mochtar Kusuma-Atmadja (Indonesia) Seiji Naya (USA) Kazuo Nukazawa (Japan) Sukhumbhand Paribatra (Thailand) Mokhzani bin Abdul Rahim
      197 words

  • Page 31 Advertisements
    • 33 31 SIM vi Made-to-order Alove-tiate affair jobs with Vietnam fl HllAlLi^^jKJA ?*f* 'V" •v i M. Mb Hk H^h £|pr>- J||g nipiiKi^; How 6 companies became world contenders i M ii ">* ■!> B ON SALE
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    • 55 31 For your latest Olympic Results, call the SPH INFOUNE ■WigSEElll n AND 1 you are on your way to winning attractive watches! "f] Employees of Sun Smq Traomq and j Sngapore Press Holdmqs and them ft immediate famijes are not euqible. •r Singapore Press Holdings AUDIOTEX SERVICE This week's Olympic
      55 words

  • Page 32 Advertisements
    • 130 32 —t THE ST SCHOOLS I I II VI I I MIIV V I I W A SPECIAL 20-PAGE COLOUR TABLOID IN THE STRAITS TIMES ON AUGUST 15,1992 The ST Schools 100 is a timely feature that gives a run-down on all secondary schools in Singapore. The feature includes an index
      130 words

  • SHIPPING TIMES
    • 607 33  -  Piracy in South-east Asia From Juliette Walker in KUALA LUMPUR THE recent lull in reported piracy attacks in South-east Asia has temporarily smoothed the waters for regional shipping. But the problem is some way from being solved. As recently as July 22,
      607 words
    • 501 33  -  From Catherine Ong in HONGKONG THE Hongkong Shipowners' Association (HKSA) has blasted Asean ministers for ignoring the urgent problem of piracy in their territorial waters. Mr Michael Farlie, the association's director, issued a statement on Tuesday condemning the fact that the problem was not
      501 words
    • 217 33 Reuter JAKARTA Indonesia and Singapore, accused by shipowners of ignoring rampant piracy in their waters, are determined to eradicate the problem, according to Singapore's defence forces chief. Ng Jui Ping yesterday told reporters after meeting President Suharto that they had discussed recent cooperation to
      Reuter  -  217 words
    • 888 33 Paise Col ABC Conlaincrlinc 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient L.ine 7 4/5 Bank Line. The 9 5 Batamindo
      888 words
    • 504 33 Japan biggest exporter, importer in region International Transport Journal TOKYO According to figures determined by Japanese shipping company Kawasaki Risen Kaisha (K-Line), intraAsian traffic amounted to almost three million TEUs in 1991. This puts it in second place after the Pacific with just under
      International Transport Journal  -  504 words
    • 201 33 Reuter LOS ANGELES The Queen Mary, the once stately ocean liner that is now a money-losing tourist attraction, will remain open to visitors until year-end but a report on Tuesday that it needs US$27 million (SS43 million) in repairs put its future in doubt. "It's
      Reuter  -  201 words
    • LOG BOOK
      • 94 34 ISTANBUL Turkish firm Marmara Transport Gemi Sanayi ve Insaat AS signed a letter of intent on Tuesday with Azerbaijan to construct 10 bulk carriers worth up to 140 million marks (SSIS3 million), a company official said. "The sizes of the ships are still
        94 words
      • 104 34 NEW ORLEANS International Shipholding Corp, based here, has received USSI2O million (Ssl92 million) of steamship charters from the US Navy. The Navy's Military Sealift Command has chartered ISCs 49,059 dwt Atlantic Forest to move army ammunition for crises abroad. The charter is for US$57.l million
        104 words
      • 55 34 TOKYO A potential buyer of Honda's all aluminium car, the MSX, tried out the car for size outside Honda's showroom in Tokyo on Tuesday. Producers of aluminium had pinned their hopes for future demand on increased use in cars but high costs and an economic
        55 words
      • 68 34 SEOUL, South Korea South Korean airport workers have voted to strike for a 20 per cent pay raise, industry officials said on Tuesday. In an almost unanimous decision, 96 per cent of the 2,730 unionised airport workers voted on Monday and Tuesday to strike
        68 words
      • 76 34 WASHINGTON Todd Shipyards Corp said in a Securities and Exchange Commission filing on Monday that a Salomon Inc study it commissioned has been completed, showing valuation of the company linked to possible strategic alternatives. The five alternatives reviewed show that if the company continues as
        76 words
    • 1292 34 Positive, meaningful measures to improve the competitiveness of the European Community shipping industry rather than a restrictive competition policy should be the aim of the Maritime Industry Forum International Transport Journal IT REMAINS to be seen whether the work of the Maritime Industry Forum, a body
      International Transport Journal  -  1,292 words
    • 792 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      792 words
    • 11756 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,756 words
    • 3168 47 Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ud (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ud (S) Ahrenkiel Uner Service: Kim Shpg Trdg (S). Albntros Sea-Air Service: Frata Shpg Pte Ud (S). Alfred C Toepfer Une:
      3,168 words
    • 258 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies St Services
      258 words
    • 1501 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,501 words
    • 3148 48 ARGENTINA Labour working normally. Bueaos Aires: Port busy; no congestion; general cargo berths regularly available. San Lorenzo: Port busy with 6 vessels operating at various wharves of which S loading pelletised meals, I loading grain; 5 vessels in roads awaiting berth/shippers instructions. Rosario: Two vessels operating of which
      3,148 words
    • 794 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Feng Hui: 68.278 dwt and built Aug 1973 Nippon Kokan. need in cxcess of US$6-U556.25 million. Previously declined US$5 million. Young Senator 65.850 dwt and built Jan 1989 Namura. ideas USS22 million nctt. Co-op Grand: 61.491 dwt and built 1979 Hitachi,
      794 words
    • 555 48 ARRIVALS 1^2 t Op FUfht Type ETA T From Of Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB
      555 words
    • 528 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETP Ports of Calls Port Agent Telephone No JULY 31 31 Royal Pacific 1300 1930 Cruise to Nowhere Ocean Trade Chartering 299-0366 31 31 Fantasy World 0900 1800 Sin-Jakarta Sembawang Johnson Mgt 227-8284 AUGUST 02 02 Royal Pacific 1100
      528 words
    • SHIPS IN PORT
      • 699 49 teal Ih Nr» Wi Pqartiw ¥wl toy H» rM P»rt« Sembawang Terminal (K* M05 alongs* 30 07/0500 GJdAfca 66ES S03 *ngs* 29M/00 Batammdo 1 1224S M02 **V* 29 07/1900 Hyong San 002 S02 atongade J0W/1OT 0" 092 JJ5 JSJ M07/2300 Chefoo 8S S01 29 07/2100 31 07/1/00
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      • 223 49 Johorc Port Berth: 1: Johan. 2: Kota Ratna 3: Pan Queen. 4 ml: 5: Annoula. 6 Kris Lemona. 01 jetty: Sukun. Rosalie. Santi DCJ* Lady Pauline Due on My 29: Soon Hoe. Barge Malvest 1 Kota Makmur. Bunga Butang. Due on My 30: Haigas. Ocean Princess. Sri
        223 words
      • 1874 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Containers ivalafale «p *1 awldfc 7sn7q? 07QG Lampung *****S COO(EST) 2907 92 2100 Newport Bay 0461 280 92 0 00 KSR2SN COO (EST) *****2 1500 WMaMkh S5T 5£'S 0920 Ant*r 06E COO(EST) 29 07 92 2300 K S" 31i S 7807
        1,874 words
    • 897 50 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970
      897 words
    • 535 50 INTEREST in fixing large crude tankers out of the Mideast Gulf slowed down and freight rates were only steady in sluggish business conditions, brokers said on Tuesday. A VLCC was reportedly tied up in 30/40 days' storage in the Gulf by Kuwaiti interests at US$l2,OOO a day, but
      535 words
    • 316 52 AFP OTTAWA A senior government minister on Tuesday said a proposed merger between Canada's two major international airlines may be the only option for them to survive in the international market-place. Deputy Prime Minister Don Mazankowski, who is also Finance Minister, told reporters:
      AFP  -  316 words
    • 185 52 UPI TAIPEI A delegation of high-ranking Taiwanese government officials will soon visit Vietnam in hopes of opening direct air links between Taipei and Ho Chi Minh City, state radio reported yesterday. The delegation, comprising officials from the ministries of transportation, economics and
      UPI  -  185 words
    • 181 52 AFP JAKARTA An Indonesian parliamentarian expressed his hope that the government would carry out airworthiness checks on old commercial planes still in operation, according to the Suara Karya daily yesterday. His comments follow a recent plane crash in which 70 people died. "I
      AFP  -  181 words
    • 336 52 Reuter BARCELONA Olympics organisers are drafting in "navigators" and taking other j measures to improve transport after angry complaints from teams about coach drivers who get lost or are late. The International Olympic Committee raised the problem with Barcelona organisers COOB on Tuesday
      Reuter  -  336 words
    • 686 52 But war against leftist groups has higher priority Reuter LIMA Peru's air force is taking control of airports in the main cocoa-growing region, but as the cocaine trade expands into new areas most experts say the drug war is not a top
      Reuter  -  686 words
    • 180 52 Reuter HAVANA Worsening shortages of fuel and spare parts have forced Cuba's state railways to make further cuts in the island's shrinking national transport system, the official newspaper Granma said on Tuesday. Granma quoted Ronald Bofill. deputy director general of Cuban Railways, as
      Reuter  -  180 words
    • 780 52 NYT BANGKOK, Thailand The chairman of Thai Airways International, Kaset Rojananil, created last year's public relations disaster at the airline when he complained publicly that its women flight attendants were not pretty enough and should be hired as if they were contestants
      NYT  -  780 words
  • Page 33 Advertisements
    • 8 33 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      8 words
    • 89 33 Building an EC bridge, Pg 2 Canadian airline merger the only option, Pg 20 > > *<r I J I r 4' ,-v, -p-# |gS f A'- •;> >r- *\V/ V V.-,; v: •>;- 5 L ->■ 1 J R. P fe-v- v 'C. V '•v. 4 *>•- >. ;>*-vk
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    • 61 33 the FAMOUS imk/mum ■8EH*****24 1833 For more information please refer to Pg. 13 Air Forwarders 15 fcr Froght Schedule 16 Container Schedule 17 Courier Services 15 Cruse Ferry Schedules 16 Daily Fraghts 18 Index 1 Port Conditions 16 Sftppng Agents 15 Shaping Guide 10,11 SNsales/Tanker Rates 16 in Port 17
      61 words

  • Page 34 Advertisements
    • 81 34 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 people
      81 words

  • Page 35 Advertisements
    • 3830 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT 1 UNITED ARAB SHIPPING (SAG)! /M VSI/VOY SIN NYC BAL ORF SAV I XHAf If 7 U« 21/ M 21/W 2« M 2t I SMII KM U 32 91 Kit *1/1* MlO 11
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    • 1358 35 2 SAILINGS TO HONG KONG Undoe Maersk V 9209 ETA Singapore 6/8/92 Marie Maersk V 9212 ETA Singapore 4/8/92 V«M Voy ETA I ETO Feeder by v 4 1 DESTINATIONS LMrort/ArtM Thw week Maria Maersk 9206 CV 28/7 1900 MRS Port HH CFS 28/7 1100 HRS Keiang Penang OAK LOB
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  • Page 36 Advertisements
    • 1351 36 r i KURAMA 17/130 30?7 8/8 22/8 18/8 17/8 I I FRANKFURT EXPRESS 83/330 2/8 18/8 21/8 24/8 25/8 PORT OMti fWMO I KASUQA 1 22/131 7/8 18/8 30/8 28/8 28/8 31/8 I |MMM||N|lijH I I ABERDEEN BAY 01/331 8/8 28/8 28/8 31/8 j CMMMD AT I I DANUBE 03/132
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    • 449 36 I EXPMBB TO PAPUA HEW OUMEA I I CHCFOO VBS MPT POBA/HON/NONO/HAB I LAI/MAO II ALAM TALAMO V2R WW FOM/HON/NONO/NAN I KM/LAI/WWK II (LCL B/BULK) I T/S: ALOTMJ. OtOBAY. KAVENG I ACCEPTORS LCL FOB MMN PORTS DISCHARGE I POBT KELANG H C. TEL: *****01/4 II NNAN OCEAN AND SOUTH AFRICA
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    • 1529 36 MSS3M REGULAR INPEPENPCNT FULL CONTAINER SERVICE WESTBOUND TO EUROPE ML/VOV SM ALfiOaMMOKROTMTFELINA (MA (M (VIA ALC) NAM) ROT) NORAStA SUN 9222-3 02/01 25/W 27/00 20/01 29/00 29/00 30/00 30/00 31/01 NORASM PNNOSS 9223-3 09/00 30/00 01/09 03/09 04/09 05/09 00/09 07/09 00/09 NORASM PEARL 9224-3 15/00 07/09 09/09 12/09 13/W
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  • Page 37 Advertisements
    • 1983 37 0 STRAITS SHIPPING PTE LTD It Nm CMmg RMd #11-01 Kcppd Tbwbts Slfipof 0208 Td; ***** M Fax: *****17 MB mv Hyi KK Sim. Tw 02-03 L t 04 Ayt OS Au| MMJON V.0145/015W 28-27 JULY ®"J' JJJ MMtTmOOKE VME SStUM USE MM 03 KOTA BMTANG V.KBTMS/KBT27H 27M Ut STRAITS
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    • 1973 37 lia.t SINGAPORE AGENT: PAnfQitiaUG PAO Containers (Singapore Agencies) Pte Ltd I ilfl W 1 illfll /IIIl"rS 10 Ho* Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0206 Tel 225 2233 Tetex: RS 3 2 564 PNOCSP Fax; 225 5327/222 7517 s»«« iss sa sr» its. ss. s& SZ 5 S2 S If
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  • Page 38 Advertisements
    • 624 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOT STOK MMM/MMM HUM BttMEM AHTWOf SMMMYA/35W8 21/5 23/10 29/10 4/11 1/11 RUT«/2ei«B 0/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducwnwit. Atoo accepting cargo to Casablanca, Port Said, Port Alexandria. Qanoa, Triaato. ALSO ACCEPTING
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    • 1413 38 HANJIN gmflMß FORVSL r~9N~I UK HAUL LGB OAK FOR VS. |UK HAUL Ml U NYC HAfUN ROTTERDAM 0191 1/8 MCCT 23/8 26/8 HNMN ROTTERDAM lIS 1/8 M. ANOKA 0041 10/9 11/9 13/9 9/8 DKCT 30/8 2/9 FBMBMRD RAY 2HR 10/8 R KOK 0381 17/9 18/9 21/9 HMUN BREMEN 004 C
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    • 1238 38 Mkm-iU A ■11 I I HI V II NRC U M II Oi ffi no LAI CM ML DC Ul MM MM EBKMTNM-U7 4/1 VI 14/1 12/1 14/1 17/1 11/ l 20/1 21/1 22/1 4/1 11/ l 11/1 11/» »/l l/ll 2/H VM IVM JVM 0/U M/ll■ i mtmm mi
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  • Page 39 Advertisements
    • 1538 39 NEPTUNE AGENC ES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL 27M 1(3o (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F«: *****09/*****96 B UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 m NEPLINE SDN BHD MALAYSIA K.L.-<O3) *****33. P.Ketanfl-(03)
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    • 286 39 YOUR RELIABLE FREIGHT FORWARDER PH M CUSTOMER SERVICE: 222 0717 FAX; 222 7MB C# MA,N L,NE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 03/08 Kaohsiung ETO 07/08 Pt Kelang ETD 03/08 Busan/Hong Kong ETO 01/08 Bangkok ETD 05/08 Japan ETD 02/08 Jakarta ETD 02/08 Madras ETD 01/08 Manila ETD 07/08
      286 words
    • 234 39 ©HEUNG-A SHIPPING! Korean Flag Vessels stbaits/koma »RVICI na m nt n r mi •noro cans W23i a «;ii k-u/u tit* n v u/m mm ii/m *UEWW> :3» 03 03 01 M-M/M MlO 01 13 14 M IS/M 16 01 ■CHOTMC U» W234 M-M/M M-M/M 13-14 M U-M/M It M 21/
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    • 1149 39 4s SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MAR ME INSURANCE SERVICE: *****67/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 lAKARTA: *****57 PENANG: *****4/ *****8 lOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINEBSHIP SERVICES fmiBOUP-DCCHMWMG WKTBOHHP—IOMI6 imgHTTB) WOTTPMM until vot law
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  • Page 40 Advertisements
    • 1236 40 V AS AGENTS: KAWASAKI BINGAPORE (PTE) LTD (M Hfc 1244J*****0M) mm v M TEL: *****77 TELEX; KAWAKI R*****5 FAX: *****07/8/9 V W Md m MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD J M TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. *W ASAKIIOSENKAJSHA, LTD Indonesia: p.t. sarana laut ihternusa,
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    • 1195 40 PHILI-ORI€NT UN€S PTC LTD f 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... m IVE TAKE ON THE WORLD FOR YOU MEMBER OF SING APORE FREIGHT FORWARDERS ASSOCIATION AU*T*ALIAJNEW ZEALAND/SOUTH PACIFIC FCUICL SERVICE h-| NAPIER. CHRISTCH^CH 27 AUG
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  • Page 41 Advertisements
    • 2192 41 PACIFIC INTERNATIONAL LINES (PTE) LTD wSSmSSSB 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK 1 VESSEL VOY SIN MW SIN VESSEL VOY SIN JKT SIN ESTEBRUGGE 20N 31/7 J/l 7/■ EQUATOR HAWK S4N 1/S 3/• 7/S EQUATOR CRYSTAL 102N 31/7
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    • 854 41 p P GUDANG PENANG F KR.VjG 'XEA\ ,5. > SO 1 PTM 1 2. 3 GOT 1 4j E "3T/7 31/7 TTa BENARTY 2302 57i 21/8 23/8 24/8 26/8 E 7/8 7/8 8/8 ALSIA23I2 11/8 28/8 30/8 31/8 2/9 D J4/8 14/8 IS/8 BENAVON 2322 18/8 4/9 6/9 7/9 9/9
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    • 288 41 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE V RIVER IKPAN VJ2 SINGAPORE In Port ETA Lago* IS Aug Port Harcourt 20 Aug Calabar 25 Aug ACCEPTING B/BULK AND CONTAINERS I BSA° TRANSPORTATION MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI( Pen P.Gd| HPA-AN V
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  • Page 44 Advertisements
    • 2774 44 Full Container Shiner Services **,s»* *e*>ts. Sum Omnn SMgelng Sen one Onmg CMm SMjpptof S* AW ttMaf MM MMMIi MnriUmn General Agents: Booking Agents: u Pen*™, to? Mudi 29a tatan no* M*r Jm+wu Costar Shipping Pte Ltd tugging rmtktgnnkingcnntn sen gee i2OOO Port Klang Off Wan Ipoh, Sentut. ***** K.L.
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    • 350 44 SAMUOERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0108 Tatax: R*****0 Tal: ******1-3 Fax: 225 4*39. *****38 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK PRELUDE 911 31/07 (FRI) 03/08 (MON) PELOPOR 1039 01/08 (SAT) 04/08 (TUE) MERKUR DELTA 934 04/08
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  • Page 45 Advertisements
    • 544 45 (j£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PREAUS 2/8 ROTTERDAM 2/8 HAIFA/ASHDOD/ALEXANDRIA 278 HAMBURG/BREMEN 2/8 MARSEILLE/FRANCE 278 FELIXSTOWE/UK 2/8 BARCELONA/SPAIN 278 LEHAVRE/ANTWERP 2/8 GENOA/ITALY 278 GOTHENBURG/SCANDINAVIA 2/8 LOS ANGELES/WC/n 2/8 SYDNEY/MELBOURNE 4/8 NEW YORK/EC 278 FREMANTLE/ADELADE 4/8 VANCOUVER 278
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  • Page 49 Miscellaneous
    • 418 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR *****100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1490 1500 1600 1790 IKC 1900 2."'u 109 JR 31 26 1.9 12 07 04 03 0.3 06 1.2 19 24 2b 25 21 16 1 1 C
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  • Page 50 Advertisements
    • 387 50 WgV LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT v( Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO SHANTOU 2 SAILINGS PER MONTH VESSEL ETA
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    • 361 50 .&.COSCO UKC CONVEHTWNAL SERVICE ESSEL PKL PNG P.O. LOADING FOR: k VESSEL 28/06 Rotterdam Antwerp CHINA CONVENTIONAL SERVICE /ESSEL PKL PNG P.G LOADtNG FOR: iING RONG 12/07 Gu«nfl2f>ou/Huangpu COSCO FULL CONTAINER KBVICH (FCL/FCL) EXPORT TO: CHMA/BANGKOK/HONOKOMQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned services
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  • Page 51 Advertisements
    • 1042 51 I A HYUNDAI I MERCHANT MARINE CO. *VU FEEDER PACIFIC SOUTH-WEBT SERVICE I WW* PKE* PGP* ST TO USA VQY MO UH OAK PAL/HOU CW SUJ I M/iH w/in 74/07 31/07 H ADMRAL 01E 07/0S 24/08 27/01 27/01 21/01 21/01 30/01 I ZZ iZ 1!!? 07/08 RCaSSra 06E 14/08 31/
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    • 463 51 STRAITS SERVICE I P SPECIALIST IN RO-RO HEAVY LIFTS I MONTHLY CONVENTIONAL SERVICE! TO WQ)I, JAPAN I M.V. COSMIC CHALLENGER VIBI 1 ETA SPORE 1/8/92 I ETA PK 3/8/92 I ETA MOJI 17/8/92 I FOR BOOKING PLEASE CONTACT: I G SPORE TEL *****31 -MR P.K. CHIAM I K.LUMPUR TEL: *****40
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