The Business Times, 26 August 1992

Microfilm: NL18500
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, August 26, 1992 75*
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  • NEWS SUMMARY
    • Article
      Poll says French likely to reject Maastricht Treaty
      80 1 PARIS An opinion poll published yesterday showed that the French would reject by a narrow majority the Maastricht Treaty on European Union in a referendum on Sep 20. The BVA poll, to be broadcast on state television late last night and published
      80 words
    • Article
      Japan's index of economic indicators
      39 1 TOKYO Japan's leading index of economic indicators stood at 45.5 points in June, up from 25.0 points in May, but still below the so-called "boom-or-bust" barometer of 50 point, a government report said yesterday.
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  • MARKETS SUMMARY
    • Article
      Dow higher
      28 1 WALL STREET opened higher yesterday with the Dow Jones index of 30 leading industrials rising 6.73 points to 3,234.90 in the first five minutes of trading
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    • Article
      Footsie lower
      29 1 LONDON share prices were weak during morning trading yesterday. The Footsie index of 100 leading shares was down 7.9 points or 0.3 per cent at 2,303.2 points.
      29 words
    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 648.04 4.73 Kuala Lumpur —559.18 -6.38 Tokyo 16,380.77 -247.19 Hongkong 5,291.49 -99.44 Sydney 1,517.41 -22.1 Moaday Change New York 3,228.17 -25.93 London 2,311.1 -54.6
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    • Article
      CURRENCIES
      22 1 Exchange rates US$ S$ 1.5995 100 Yen SS 1.2806 MS S$ 0.6429 Moiwy nurkct rates Overnight 1-3/4% -7/16 3-montn 2-1/4 unch
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    • Article
      COMMODITIES
      36 1 tomtom Gold AM fix US$340.85 -US$0.85 RUMmt S'pore Sep 141.25*/kg unch M'sia Sep 2l8.50*/kg unch KL Tin Turnover... 10 tonnes -5 Spot M$16.79/kg -0.01 Crude palm oil Turnover 881 lots +67 Oct MS842 /tonne -4
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  • Article, Illustration
    BG Lee rejects claims of oversaving, high taxes
    567 1  -  By Kenneth James SINGAPORE Deputy Prime Minister Lee Hsien Loong yesterday rejected as "entirely unfounded" claims that the government has slapped heavy levies and indirect taxes on businesses and that these had "shackled" economic growth. He also stoutly defended Singapore's high savings
    567 words
  • Article, Illustration
    S'pore, HK start talks on investment guarantee pact
    469 1  -  Agreement will remain in effect even after 1997 Schutz Lee SINGAPORE Singapore and Hongkong have started negotiations on an investment guarantee agreement which will remain in effect after 1997, when Hongkong becomes part of China. The first round of talks on the
    469 words
  • Article
    Japan's S$102b booster plan
    237 1 Economic package to stimulate growth, revive bourse TOKYO A government economic package including a supplementary budget due out on Friday will use as much as eight trillion yen (S$ 102.4 billion), policy-mak-ers of the ruling Liberal Democratic Party (LDP) and economists said yesterday. The package is
    237 words
  • Article, Illustration
    Lock icon S$ hits new high as US loses battle to halt greenback's slide
    371 1  -  By S N Vasuki SINGAPORE In another dramatic day in the foreign exchange markets, the Singapore dollar closed at a record high of 1.6010 against the US dollar yesterday, despite strong intervention from local monetary authorities. The greenback
    Source: TeleTrac  -  371 words
  • Article
    HSBC Hldgs posts surprise 51pc rise in interim earnings
    300 1  -  From Catherine Ong in HONGKONG HSBC Holdings, parent company of the Hongkongßank group, yesterday posted a surprising 51-per-cent jump in half-year earnings to HK$5.O3 billion (551.07 billion), far exceeding analysts' expectations. The group's first fully disclosed results following its successful merger
    300 words
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      Page 1 Advertisements Column 1
      562 1 lOT^nBHf?W>S TEMPORARY PERMANENT PLACEMENTS £223*3362 Telekom earnings dip NET earnings at Telekom Malaysia Bhd were down 21.3 per cent to M$403.1 million for the half-year to June 30 because it had to start paying taxes this year after a five-year tax exemption period. Its tax provision amounted to MS204.4 million
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      Page 1 Advertisements Column 2
      7 1 US risks full-blown currency crisis, Pg 2
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      178 1 MADE IN GERMANY SCHUHE BOUTIQUE #02 28 RAFFLES CITY SHOPPING CTR TEL: J3W228 V Editorial, Pg 12 Excerpts of BG Lee's speech, Analysis Pg 13 HSBCsO&Y loans booked through S'pore, Pg 4 Hock Lock Siew: Can CPF share investment scheme be made more attractive? Pg 4 Companies scrimping on audits
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Prime-Minister to light National Day campfire
        69 2 PRIME Minister Goh Chok Tong will light the inaugural National Day Campfire at the Padang on Saturday, Aug 29. This will mark the end of the National Day celebrations. The campfire will begin at Bpm and end with a fireworks display at 10pm. The
        69 words
      • Article
        Quality Life Circles for residents
        65 2 THE National Community Organisations Council is launching a programme to set up Quality Life Circles (QLCs) in housing estates. This will be done with the help of Residents' Committees. The QLCs, which work like quality control circles, will use a systematic approach to help improve
        65 words
      • Article
        Royal Pacific victim identified
        69 2 AUTHORITIES have identified the second victim of the cruise ship Royal Pacific as 37-year old Wiwick Herawati. Thp Indonesian woman had been listed as missing until last night. Seven people, however, are still unaccounted for after the. cruise ship collided with a trawler and sank last
        69 words
      • Article
        S'pore the convention city
        71 2 SINGAPORE will be promoted as a convention destination in the US from Aug 29 to Sep 2. The American Society of Association Executives Annual Meeting and Exposition in Atlanta, Georgia, will feature a "Streets of Singapore" display. Participating industry members include Singapore Airlines, Suntcc City and
        71 words
      • Article
        At least 10 years of schooling
        94 2 THE government plans to give every Singaporean at least 10 years of formal education, said Minister of State for National Development Lim Hng Kiang yesterday at Ngee Ann Polytechnic's graduation ceremony. It also aims to raise the percentage of each cohort with a university
        94 words
      • Article
        Philippine Foreign Sec on visit
        67 2 THE Secretary of Foreign Affairs of the Philippines, Roberto LRomulo, will pay an official visit to Singapore from Aug 26-27. Mr Romulo will be accompanied by his wife and senior officials. During the visit, Mr Romulo will call on Prime Minister Goh Chok Tong, Senior
        67 words
    • Article
      S'pore is third most expensive city for office space
      627 2  -  Rents for prime space continue to decline By Colin Tan SINGAPORE Despite softening rentals over the last two years, Singapore has the third highest rate for office space in the region after Hongkong and Tokyo. Japan's capital retains its title as
      627 words
    • Article
      Lock icon US risks full-blown currency crisis: economists
      504 2 Dollar turmoil Reuter WASHINGTON The United States and its rich allies are losing the battle to stop the US dollar's headlong decline and will need to do more if they want to avoid the threat of a full-blown currency crisis, economists said. Besides the
      Reuter  -  504 words
    • Article, Illustration
      Lock icon Private sector must help realise govt's development plans: URA
      448 2  -  By Lee Han Shih SINGAPORE The government has great development plans for the area surrounding the historic Singapore River but it is up to the private sector to bring the plans to reality, the Urban Redevelopment Authority said. The URA said
      9M»M  -  448 words
    • Article
      New scheme launched to help firms expand abroad
      415 3  -  Enterprise 92 conference To qualify, overseas projects must generate economic spinoffs here Reports by Helen Chang, Genevieve Cua SINGAPORE The Government has launched a lowcost* fixed-interest financing scheme for companies to expand overseas, with one of the main qualifying criteria being that
      415 words
    • Article, Illustration
      Economy needs firms of various sizes to be strong: award winner
      281 3 SINGAPORE Robert Chua, president of the Singapore Manufacturers' Association (SMA), has likened the economy to a palace wall. The wall needs small, medium and large stones for stability large stones for strength, and small and medium stones to fill
      281 words
    • Article, Illustration
      Flexible consortiums can help local firms internationalise
      422 3 SINGAPORE The big challenge for the government in the task of helping local companies internationalise may lie in helping forge "flexible consortiums". These are combinations of government-linked companies (GLCs), multinational corporations and local companies formed to penetrate regional markets. The issue was discussed
      422 words
    • Article
      Indonesia's mineral industry undergoing transformation
      499 3  -  From Shoeb Kagda in JAKARTA INDONESIA'S minerals industry is undergoing a structural transformation as more emphasis is placed on producing and exporting processed or semi-processed mineral products. The country has put into effect a long-term plan to process as much of its mineral resources as
      499 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      121 2 For a free If you've always thought that dining at The New Orleans was a unique Brunch at experience, we've just made it an unforgettable one. Because from The New Orleans 15 August to 15 September' 92, you can delight in our Sunday Jazz brunch just show us absolutely free.
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      Page 2 Advertisements Column 2
      87 2 Expect a competitive yield from this freehold retail investment HUNTERS PLAZA SHOPPING CENTRE Papatoetoe Auckland New Zealand Auckland's newest shopping Net lettable area 16,818m 2 centre servicing New Zealand's m for 935 fastest growing urban area including 757 undercover. just 15 minutes drive from CBD. Fully leased on completion at
      87 words
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      158 3 H ,'t v j THE COMPLETE OCEANFRONT RESORT "PACIFIC BAY," COFFS HARBOUR, AUSTRALIA STRATA PLAN APPROVED f Comprises 141 condominiums, Beach Club A complete, integrated beachfront resort in (with nightclub, restaurant, gymnasium, conference every sense, in a major tourist growth area. facilities, squash courts), Village Centre (with Expressions of interest
      158 words
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      Page 3 Advertisements Column 2
      64 3 A Bregfuet watcn. The very private reward. Singapore THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel. 03-*****20/932 Yow Chuan Plaza, Kuala Lumpur Tel. 03-*****14/24 Indonesia:
      64 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Crosby Securities moves into Sri Lanka
        73 4 SINGAPORE Crosby Securities has taken a 40 per cent interest in Commercial Stockbrokers, the securities arm of Commercial Bank of Sri Lanka. Commercial, 40 per cent owned by the Standard Chartered Bank, is one of the leading privately-owned commercial banks in the country. Crosby's
        73 words
      • Article
        SIA unit raises paid-up capital
        40 4 SINGAPORE SIA Properties Pte Ltd, a wholly-owned subsidiary of Singapore Airlines Ltd, increased its paid-up capital from $2 million to $10 million on Aug 19 with the allotment of eight million shares at $1 each.
        40 words
      • Article
        Goldtron holder increases stake
        34 4 SINGAPORE Ong Soon Kiat had purchased 1,168,000 shares of Goldtron Ltd at 62 cents each on Aug 21, thereby increasing his stake to 12.9 per cent or 25,544,000 stock units.
        34 words
      • Article
        EON raises CCL stake
        38 4 SINGAPORE Edaran Otomobil Nasional (EON) Bhd has increased its stake in Cycle Carriage Ltd after acquiring 491,000 shares at $2,725,050 on Aug 14 from the open market. It now holds 43,769,800 shares of CCL.
        38 words
    • Article
      Van der Horst forms first joint venture in China
      330 4 SINGAPORE Marine company Van der Horst has taken a 25 per cent stake in a joint venture located in the northern Chinese port of Dalian, an important point of entry to the area. The joint venture was formed with Dalian Diesel
      330 words
    • Article
      SES approves SIA bonus issue
      216 4 SINGAPORE The Stock Exchange of Singapore (SES) has granted Singapore Airlines in-principle approval for its bonus issue and the listing and quoting of its bonus shares. SlA's one-for-one bonus issue of 641.27 million new ordinary shares of $1 each is subject to the approval of
      216 words
    • Article
      Telekom's interim net earnings fall 21pc
      298 4  -  By! Sylvia Wong SINGAPORE Telekom Malaysia Bhd, the stateowned telephone company of Malaysia, yesterday reported a higher interim turnover and pre-tax profit compared with the year-earlier period But taxes after a five-year exemption period expired bit into interim net earnings. After a tax provision
      298 words
    • Article
      HSBC's O & Y loans booked through S'pore
      421 4  - HSBC's O Y loans booked through S'pore Subsidiary Hang Seng Bank also exposed From Catherine Ong in HONGKONG THE bulk of HSBC Holdings' US$76B million (SSI.2 billion) loans to the beleaguered Olympia York group was booked through the Hongkongßank Singapore branch's Asian currency unit (ACU), chairman William Purves told BT
      421 words
    • Article
      KL approves DBS Land-linked project
      169 4 SINGAPORE The Foreign Investment Committee of Malaysia has approved plans by a joint venture, in which DBS Land has a stake, to buy and develop a 340hectare plot of freehold land in Selangor. The joint venture company, Bangi Heights Development, is 50 per cent owned
      169 words
    • Article
      SSL to acquire Jurong Shipyard stake for $111m
      276 4  -  By Juliette Walker SINGAPORE Sembawang Shipyard Ltd (SSL) has agreed to fork out 111.4 million cash for Sembawang Holdings' majority stake in Jurong Shipyard Ltd (JSL). The acquisition is part of an ongoing restructuring under which more of the group's assets are
      276 words
    • Article
      Lock icon Merger scheme has little impact on profits: Landmarks
      394 4 Bernama KUALA LUMPUR The proposed scheme for the merger of ÜBN Holdings Sdn Bhd and Shangri-La Hotels (Malaysia) Bhd and the subsequent flotation of the latter on the share market is not expected to have significant impact on the group earnings of
      Bernama  -  394 words
    • Article
      Changes needed to make CPF share investment more attractive
      730 4  -  THE HOCK LOCK SIEW COLUMN Investors should be allowed to keep capital gains By Conrad Raj SINGAPORE Why have so few Singaporeans made use of their Central Provident Fund (CPF) savings to invest in the stock market? Figures provided yesterday by
      730 words
    • Article
      Lock icon Matsushita's 1 Qtr profits dive
      588 6 World's biggest consumer electronics maker cuts interim forecast Reuter TOKYO Matsushita Electric Industrial Co yesterday reported a sharp fall in first quarter profits, forcing it to cut its interim profit forecast and showing how Japan's economic slowdown is blocking recovery in the electronics industry. Matsushita
      Reuter  -  588 words
    • Article, Illustration
      Lock icon Japan to delay next flotation of NTT shares
      316 6 Reuter TOKYO Japan's Ministry of Finance announced yesterday that it would delay the sale of shares in Nippon Telegraph and Telephone Corp (NTT). But analysts said as the decision was inevitable, the impact on share prices may be limited. Finance Minister Tsutomu
      Reuter  -  316 words
    • Article
      Lock icon HK firm Far East Consortium boosts net profit by 31pc
      291 6 Bloomberg HONGKONG Hongkong real estate concern Far East Consortium Internationa) Ltd said yesterday that its net profit rose 31 per cent to HK$l6O.B million (5533.3 million) in the fiscal year ended March 31 from HK5122.8 million the year before. The
      Bloomberg  -  291 words
    • COMPANY BRIEFS
      • Article
        Lolliman incurs HK$77m loss
        77 6 HONGKONG Hongkong investment company Lolliman Holdings said it suffered a net loss of HK577.5 million (Ssl6 million) in the fiscal year ended March 31 against a profit of HKS2I.B million the year before. The results are after tax credits and charges but before extraordinary items. The
        77 words
      • Article
        Caution urged in privatisation
        79 6 TAIPEI President Lee Teng-hui has urged ministers to be cautious in timing the sale of state-run companies to avoid further depressing the Taipei stock market. The government has listed 22 enterprises to be sold off by 1996, but progress has been hampered by the weak performance
        79 words
      • Article
        Sunkyong to give up phone deal: reports
        71 6 SEOUL The consortium led by South Korea's Sunkyong Group will give up the lucrative contract awarded last week by the government to develop the country's second mobile telephone network, newspapers said yesterday. The Englishlanguage Korea Herald said the decision was taken after ruling
        71 words
      • Article
        ICI Aust to close six plants
        62 6 MELBOURNE ICI Australia Ltd will close six of the eight plants at its Rhodes factory in Western Sydney with the loss of 200 jobs. ICI Australia, 62.4 per cent owned by Imperial Chemical Industries pic, said yesterday the factory would continue to operate the
        62 words
    • Article
      Lock icon Digital launches powerful, low-priced PCs
      500 7 Battle for personal computer market hots up Reuter SAN FRANCISCO Digital Equipment Corp has announced a new line of high-performance, low-priced personal computers, a move that puts the No. 2 ranked US computer maker in the middle of a raging battle for PC market share.
      Reuter  -  500 words
    • Article
      Lock icon German chemical firms hurt by global slump in demand
      331 7 Reuter FRANKFURT Slumping worldwide demand for chemical products continued to squeeze Germany's three chemical giants in the second quarter, analysts say, dashing earlier hopes that the long tailspin in earnings would finally end. Second-quarter results due later this week at Bayer
      Reuter  -  331 words
    • Article, Illustration
      A view to a buy
      69 7 LONDON Japanese tourists looking out over the River Thames at County Hall. A British judge on Monday gave the Japanese hotel group Shirayama leave to appeal in the High Court against a decision by Environment Secretary Michael Howard allowing the London School of Economics extra
      69 words
    • Article
      Lock icon UK financial sector sees red over analyst's book
      381 7 AP LONDON UK stock analyst Terry Smith has some streetwise advice for investors: Don't believe all the numbers you see in corporate reports. But he's starting to wonder if he should ever have opened his mouth. Mr Smith's new book on the
      AP  -  381 words
    • COMPANY BRIBES
      • Article
        IBM near agreement with cable TV operator
        103 7 NEW YORK IBM is near agreement with Tele-Communi-cations Inc, the United States' largest cable television opera tor, to form a two-way information delivery system serving homes and businesses, industry executives said yesterday. The computer giant is also continuing talks with Time Warner Inc
        103 words
      • Article
        RJR suit settled for US$72m
        80 7 NEW YORK A US District Court judge has approved a U5572.5 million (S$ 115.9 million) settlement of a class action suit against RJR Nabisco Inc, according to documents filed with the court. The suit claimed that the food and tobacco company failed to disclose information
        80 words
      • Article
        Kodak's new Photo CD System
        86 7 NEW YORK Eastman Kodak Co, which is basing thefuture of its snapshot business on electronics, will introduce professional versions of its Photo CD system today. The Photo CD system for amateur use, first announced in September 1990 and now available, allows pictures taken with conventional
        86 words
      • Article
        Elf-Aquitaine's results fall 23pc
        84 7 PARIS Elf-Aquitaine's half-year net consolidated results fell 23 per cent to 3.34 billion francs (Ssl.l billion) against 4.3 billion francs for the first six months of 1991. If one includes surplus registered in the first half of 1991 with the sale of Esys, the difference rises
        84 words
      • Article
        Chipmaker sees US$100m loss
        72 7 MILPITAS, California Chipmaker LSI Logic Corp said it will lose more than US$lOO million in the current quarter due to a restructuring that includes the shutdown of a German production plant and layoffs of 175 American workers. LSI said the third-quarter results will show a one-time
        72 words
      • Article
        Grand Met expects flat results
        78 7 LONDON British food and drinks giant Grand Metropolitan pic said yesterday that despite difficult trading conditions and the weakness of the US dollar against the pound, the group expected its year's results to Sep 30 to be broadly in line with the previous year's £950
        78 words
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      217 4 IN THE MARKET PAGES 1 SES bucks overseas trend 21 Tokyo ends lower 24 Australia hits 14-mth low 25 If you don't have the i energy to tear out this coupon you really j should hnow about the Sun Chlorella A 4kS used my last drop of energy completing this
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      385 5 i >* v l f- tP^^™^^MMMWBBWBPBBBWI^^PWBWWpM^W^PW^^^^^K^^pw Je W a I H Real estate has been known to makemillionI ■■■I |lI I ii I l folks iH^^H^^MBBBBBBBBBBBBBBBBHB^MBMBBBBBBBBBBBMBBIIBMi^^MBMBii^MiI^BBBMBBB^^^^^^H i 1 B 111 HH 11 H[H |By B you know t .,•4«jg&Bi^^^^m^ffiafflWBm£t'&*£*~- r. V as also been known to make paupers out B
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      Page 6 Advertisements Column 1
      185 6 BI if you ship materials around the world you are now faced with an important choice. There is conventional air freight. Or there is Worldwide Expedited Package Service from UPS. With a logistical breakthrough that defies logic, UPS offers faster shipments that are both more economical and more predictable. The
      185 words
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      Page 6 Advertisements Column 2
      53 6 TAP INTO! A US-based company is setting up a chain of high quality child development centres in Singapore and Asia. Investors interested in setting up premium child development centres with good investment returns, talk to us today! Call 285-5766 between 8.30 am and LA 6.00pm on weekdays. A NEW MARKET
      53 words
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  • Page 7 Advertisements
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      174 7 FLY TO DuOai TIMES A WEEK. |M|(| j| Fly with Emirates non-stop to Dubai on Tuesday, Thursday or Sunday. Or fly direct with a brief stopover in Colombo on Monday, Wednesday or Friday. All our MM flights offer convenient connections to London, Zurich, Rome, Paris, Frankfurt and nine cities in
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      163 8 How to unfix the problem with fixed deposits. Fixed deposits have always been a worthwhile way to lock up your money. The problem is that occasionally emergencies pop up. And if you suddenly need funds you could really find yourself in a fix. Because you can't just withdraw from any
      163 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Shares of US Insurers fall in wake of destruction
      429 9 Impact of Hurricane Andrew Reuter NEW YORK Shares of American International Grogp, Cigna Corp, Aetna Life Casualty Co and other insurers fell as Hurricane Antut its destructive path acrcps southern Florida. Several analysts said the hurricane will cost dearly in short?term
      Reuter  -  429 words
    • SMALL CHANGE
      • Article
        Japanese banks may be hurt by EFIM exposure
        97 9 TOKYO A number of Japanese banks and life insurers may be hurt by their exposure to EFIM, the troubled Italian state holding company, financial industry sources said. Japanese institutions which have loans outstanding to EFIM include Mitsubishi Bank Ltd, with some 10
        97 words
      • Article
        Norway blocks UNI's plan
        80 9 OSLO Norwegian authorities have blocked a plan by UNI Storebrand A/S, the country's biggest insurance firm, to solve a financial crisis and raised chances that the state may take over the running of the firm. Norway's Bank and Securities Inspectorate vetoed a scheme unveiled by UNI
        80 words
      • Article
        Kokusai to close some offices
        71 9 TOKYO Kokusai Securities Co, the only mid-sized Japanese brokerage to post a current profit in the business year to March 31, said it will shut down two European representative offices and four branches in the Tokyo area. On Sep 30, Kokusai will close representative offices
        71 words
      • Article
        Moody's cuts Dai-Ichi ratings
        94 9 TOKYO Moody's Investors Service Inc has donwgraded the long-term debt ratings of Dai-Ichi Kangyo Bank Ltd and its guaranteed subsidiary and Mitsubishi Bank Ltd and its guaranteed unit to Aa3 from Aal, a spokeswoman at Moody's Investors Inc said. About US$3.5 billion (555.56 billion) in Dai-Ichi
        94 words
    • Article
      Singapore reinsurers escape hurricane's fury
      205 9  -  By Soh Tiang Keng SINGAPORE Singaporebased reinsurers were largely unscathed by Hurricane Andrew, which blasted Florida on Monday, inflicting damages that early estimates have put at anywhere between US$3 billion (Ss4.B billion) and US$B billion. Any losses that local and foreign reinsurers in Singapore may
      205 words
    • Article
      Lock icon Japan's top banks likely to post higher operating profits
      469 9 Reuter TOKYO Japan's major banks will show higher operating profits in the six months to Sep 30, thanks to wider loan spreads and government support after the collapse of the bubble economy. Industry analysts expected operating profits of the 11 big
      Reuter  -  469 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      103 9 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 tSLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
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      Page 9 Advertisements Column 2
      162 9 THE NEW, IMPROVED MITSUBISHI SPACEWA6ON. WE IMPROVED NOTHING. t -••*—v Space, as you well know, is nothing. What you put into it, and around it, is everything. Which is why our new Mitsubishi Spacewagon transports up to 7 people (plus luggage) with such refinements as a 1.8 litre, 16-valve engine,
      162 words
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  • THE REGION
    • Article, Illustration
      Lock icon Philippines must accept tough reforms: Ramos
      447 10 IMF official sees improvements in economy already AFP MANILA President Fidel Ramos said on Monday that the Philippines must take the medicine of reform and worry about growth targets later. But an International Monetary Fund (IMF) official said the economy was doing better than
      AFP  -  447 words
    • Article
      Lock icon KL to study Beijing's Spratlys offer
      242 10 China proposes joint development of disputed islands Reuter KUALA LUMPUR Malaysia will study a Chinese offer to jointly develop the disputed Spratly Islands in the South Oiina Sea. Malaysian Defence Minister Najib Razak said yesterday that Chinese Premier Li Peng made the offer during
      Reuter  -  242 words
    • Article
      Lock icon Malaysian real GDP growth rate expected to meet 8.7pc forecast
      229 10 Knight-Ridder KUALA LUMPUR Malaysia's real gross domestic product growth this year should meet the 8.7 per cent rate forecast in March, Bank Negara, the Malaysian central bank, said on Monday. It noted that Malaysia's agriculture output turned around, registering growth
      Knight-Ridder  -  229 words
    • Article
      Lock icon Back-up unit likely to be formed
      407 10 1 Oth Summit of the Non-Aligned Movement AFP JAKARTA The 10th summit of the Non-Aligned Movement (NAM) is expected to agree on the formation of a back-up unit to run the organisation's daily affairs, according to a press report yesterday. Indonesian Foreign Minister Ali
      AFP  -  407 words
    • NOTE BOOK
      • Article
        Bangkok seeks backing for Apec secretariat
        66 10 JAKARTA Thailand is seeking Indonesian support to set up a secretariat for the Asia Pacific Economic Cooperation (Apec) forum in Bangkok, Indonesian Foreign Minister Ali Alatas said yesterday. He told reporters that visiting Thai Deputy Prime Minister Kasem Kasemsri had handed over a letter
        66 words
      • Article
        HK trade group mounts lobbies
        80 10 HONGKONG Hongkong's leading trade group is to mount a two-pronged campaign to avert the US threat of trade sanctions against China that could hurt Hongkong's re-export trade, the group said yesterday. The Hongkong General Chamber of Commerce is to ask individual members who are handling
        80 words
      • Article, Illustration
        Where Angels love to tread
        60 10 SYDNEY A Sydney member of the US-based Guardian Angels protesting outside New South Wales Parliament yesterday. Members of the chapter presented a 10,000-signature petition to Parliament in a bid to be allowed to operate in Sydney. NSW Police Minister Ted Pickering is opposed to the
        60 words
      • Article
        Handy purchases?
        92 10 KUALA LUMPUR Kuala Lumpur mayor Elyas Omar, who has been accused of misusing government funds, yesterday said he spent M$ 176,000 (Ssl 13,000) to buy handphones for his aides. Mr Elyas said he bought 22 handphones at MsB,ooo apiece for his City Hall directors so that "I can
        92 words
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      Page 10 Advertisements Column 1
      256 10 We bring IT closer to you. Confused? Lost? Frustrated? We understand. Struggling with ever-increasing complexities and sophisticated demands on your growing network needs? We have the solution at: SiS Tech Forum for LAN. Margaux Ballroom II Le Meridien Singapour 28 August '92 BUILDING BLOCKS TO NETWORKING Topology Operating System Hardwares
      256 words
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      Page 10 Advertisements Column 2
      14 10 ONUTI2 LUCKY TENANTS WILL SOON ENJOY EXCLUSIVE PRIVILEGES. LIPPO BUILDING No 1 Phillip Street
      14 words
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  • THE WORLD
    • Article
      Canada continues fight to remove internal barriers
      372 11 Provincial premiers disagree on how far to lower them OTTAWA Canada's Conservative government will continue to fight for lower barriers to trade among the 10 provinces despite opposition at talks on the country's Constitution over the weekend, government sources said on Monday. Lowering
      372 words
    • Article
      Lock icon Quebec agreement boosts Canadian business confidence
      270 11 Reuter TORONTO An historic agreement between Canada and Quebec should boost the country's slumping business confidence and allay fears that Quebec's separation would send markets into a selling frenzy, analysts say. Business leaders hailed a deal struck during the weekend among Canada's political leaders
      Reuter  -  270 words
    • Article
      Lock icon Russia seeking Western aid for next phase of reforms
      256 11 Reuter MOSCOW Russia is looking for Western help to stave off a new foreign debt crisis as it attempts to steer radical economic reforms through their crucial second phase mass privatisation. Deputy Prime Minister Alexander Shokhin said on Monday that Russia
      Reuter  -  256 words
    • Article
      Lock icon British current deficit widened to £1b in July
      450 11 Reuter LONDON Britain's current account deficit widened by around 20 per cent to almost £1 billion (553.18 billion) in July in response to a 2 per cent jump in the value of imports. Economists said this is a worrying trend and shows
      Reuter  -  450 words
    • WORLD WATCH
      • Article
        Germany to close border customs offices
        78 11 BONN Germany will close 106 customs offices on Jan 1, 1993, as West Europe begins to abandon border controls, the Finance Ministry said on Monday. A statement said Finance Minister Theo Waigel had decided to close 106 of Germany's 124 customs offices on the
        78 words
      • Article, Illustration
        Nod for Akihito's China visit
        78 11 TOKYO The Japanese government yesterday finally gave the go-ahead for Emperor Akihito's visit to China the first ever by a Japanese monarch after months of hesitation. "In keeping with the relations of friendship and goodwill between Japan and China, the government would like their majesties
        78 words
      • Article
        Canada to probe dumping charges
        65 11 TORONTO Canada's Customs agency said on Monday it will investigate charges of plate steel dumping by a number of nations, including the US. Customs will examine whether hot-rolled carbon steel plate and high-strength, low-alloy plate steel is being dumped on the Canadian market by Belgium,
        65 words
      • Article
        Swiss get backing over IMF
        69 11 BERNE Switzerland said on Monday that Poland and four Commonwealth of Independent States republics had backed its quest to become an executive board member of both the International Monetary Fund (IMF) and World Bank. Switzerland joined the IMF and the World Bank in May and
        69 words
    • Article
      Lock icon No turning back for Brazil's privatisation
      222 11 Reuter RIO DE JANEIRO Eduardo Modiano, the man who oversees embattled Brazilian President Fernando Collor de Mello's massive privatisation programme, says sales of state businesses will survive even if Mr Collor is forced to step down. Mr Collor, who brought privatisation to Brazil as
      Reuter  -  222 words
  • Page 11 Advertisements
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  • Article
    The savvy of savings
    481 12 EDITORIAL GIVEN the recent spate of bad reviews of Singapore's high-savings policy, it was high time for a high-level official response that tackled not just the rhetoric but the substance of the criticisms. This came yesterday from Deputy Prime Minister Lee Hsien Loong who, in typical
    481 words
  • WHAT THE OTHERS SAY
    • Article
      To unburden Japan's past
      264 12 JAPAN is playing fast and loose with the sensibilities of neighbours it had once violated. Why? There is a belief said to have gained currency that admitting to coercion would lead to a rash of compensation claims. Another theoiy, more sinister, is rooted in right-wing jingoism:
      264 words
    • Article
      Explaining the CPI
      126 12 THE CRUX of the matter is not whether the consumer price index (CPI) does, or can, accurately reflect the real situation. The majority of people do not know what the CPI is all about, by what yardsticks it is drawn up and what its uses are. So
      126 words
    • Article
      Helping the Somalis
      135 12 THE PLIGHT of the Somalis is even worse than that of the Bosnians. They fled to neighbouring Kenya from their civil war torn country. And along the way, thousands of children, women and old people died from hunger and malnutrition. Yet much of the aid for them
      135 words
  • REGIONAL VIEWPOINTS
    • Article
      Japan's plutonium spectre
      164 12 LACKING uranium resources, Japan has chosen to proceed along the path of nuclear power development utilising plutonium. The plutonium that will be transported by ship from France will be used as fuel for the fast breeder-reactor that will begin operation next year in Tsuruga on the Japan
      164 words
    • Article
      Iraq, Libya still defiant
      168 12 NOT all of the news from the Middle East is encouraging. Iraq under Saddam Hussein continues to resist United Nations orders imposed by last year's ceasefire agreement with coalition forces which liberated Kuwait. Libya, under the mercurial Muammar Gaddafi, has endured several months of UN imposed
      168 words
    • Article
      Uproar over foreign labour
      193 12 THE controversy over the import of some 700 Chinese workers by the Sinar Mas group has gone ablaze, dividing not only Cabinet members, but the public as well. As reported by the press, PT Indah Kiat Pulp and Paper Corporation, one of the companies in the
      193 words
  • Article, Illustration
    Lock icon China's Gorbachev a tough survivor
    1209 12  -  Nicholas D Kristof looks at Zhu Rongji, the fastest-rising star in China's political firmament Nicholas D Kristof NYT OF ALL the names being bandied about these days as potential prime ministers of China, one evokes a special tingle depending on your vantage point of either
    NYT  -  1,209 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      60 12 ZjSB I hT& T A I A A c4R®bo Js»w». s "op f Ne WUCTBNDCR feass?---- z^"'^-.^ r s m aa^jSSC sho Jng^excßM lo9 propert V- 'e? hoccu Poncy vv/fh 6^ fc 6 Ufns exc ellent August 10, 199, p der Closing M A 'are op Do and tender d~
      60 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      69 12 DOONESBURY GARRY TRUDEAU HELLO,THISIS tM SORRY, MR.HE DlPtfT TELL YOU. ...ANDSEAN!S SOWHATPO dr whoopee, yes. doonesbury, sm he's pom a ukb this ue think* is BENNY SPEAmO' BENNY. HE'S TAPING HIS PilOT CAUW'ASK TOTAL POX. SEAN A JERK* I HOW MAI I 'IS THE CABLESHOW WHAT* OR UHOOPEB* tTSSORT OKAY*
      69 words
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  • ANALYSIS
    • Article, Illustration
      In defence of S'pore's economic policies
      1329 13 Opening the Enterprise '92 conference yesterday, Deputy Prime Minister Lee Hsien Loong responded at length to criticisms of Singapore's tax regime, high savings rate and uneven productivity growth. Following are excerpts from his talk THERE has been some loose talk that the Government has
      1,329 words
    • Article, Illustration
      Lock icon HK's edge: more efficient use of resources
      849 13 BG Lee's comparison of productivity trends in Singapore and Hongkong follows a recent study of the two economies by an MIT professor The Economist ONE OF THE most momentous and least understood events of this half-century is East Asia's rise from poverty. The
      The Economist; Source: Alwyn Young,Massachusetts Institute of Technology  -  849 words
    • Article
      Restructuring key to higher productivity
      484 13 WE NEED to raise the productivity of the SME sector not only by making greater investments per worker, but also by making better use of every dollar of investments through better education, better use of technology and knowledge, and greater operational efficiency. The usual productivity
      484 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      44 13 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. the OZgevnt SINGAPORE CmII 733 8888 f<n rejmutw/m. I CuK.iden Road (<>ff Orchard R<«ad) '<impltmenutry inlet parkin# Singipore 1024 Management in Business Times every Monday
      44 words
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      Page 13 Advertisements Column 2
      79 13 I ■Hk Give Us Your B v Name Card I t AND WE'LL GIVE YOU NOT JUST ANY GIFT BUT 7fe I. Just send us your name card together with this Ad, and we'll mail you a CARAN d'ACHE writing instrument —-J free. No gimmicks, just genuine 100% SWISS made
      79 words
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  • THE LAW PAGE
    • Article, Illustration
      Why that watchdog is indispensable
      1408 14  -  Walter Woon discusses the importance of an external auditor, an independent check on company directors Walter Woon The writer is vice-dean of the Law Faculty at the National University of Singapore ONE quaint feature of Anglo-Saxon jurisprudence is the abiding distrust of the people in
      1,408 words
    • Article
      Lock icon American Bar Association allows outside businesses
      262 14 Reuter THE American Bar Association (ABA) voted recently to allow lawyers to run non-legal businesses outside of their law firms. The 190-183 vote by the ABA's poli-cy-making body, the House of Delegates, reverses a decision it made just last year to restrict lawyers from
      Reuter  -  262 words
    • Article
      Three KL law firms raided
      131 14 THREE law firms in Kuala Lumpur were raided yesterday by Malaysia's Ministry of Domestic Trade and Consumer Affairs in another crackdown on piracy. The ministry officials, who were assisted by Malayan Law Journal (MLJ) Sdn Bhd in organising the raid, seized pirated sets of law
      131 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      30 14 jgf' H rnmm: /f you're an expert in your field you'll know that we're the expert in ours. ht& The best value. CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828
      30 words
    • Advertisement
      Page 14 Advertisements Column 2
      340 14 And these providing regular enhancement of the products and VaJVj St tl HI tM It it JV f prompt response to all technical and service requirements. After all, what good is a relationYour relationship with Creative Software ship if there is no long term commitment, doesn't end once a sale
      340 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg looks to US Open to salvage year
      471 15 Reuter NEW HAVEN, Connecticut Stefan Edberg begins defence of his US Open crown next week with the self-im-posed pressure that there is only one satisfactory result that would salvage a disappointing tennis season. "If I win the Open, it will take care
      Reuter  -  471 words
    • Article
      Lock icon Lewis leads US Olympians in Danish track meet
      440 15 AP COPENHAGEN Carl Lewis is not really disappointed that he hasn't been able to run against Olympic champion Linford Christie in the 100 metres after the Barcelona Games. "We had a chance in Berlin last week, but it was Linford's choice not
      AP  -  440 words
    • Article
      Lock icon Young female gymnasts pay too dear a price: study
      444 15 AP VANCOUVER Canadian researchers say young female gymnasts pay too dear a price in their intense training for the Olympic gold. University of British Columbia specialists who recently completed a 40-month study of 100 top female gymnasts in the province say
      AP  -  444 words
  • SIDE LINES
    • Article
      Connors trounces Kulti in Hamlet Cup
      90 15 COM MACK, New York Jimmy Connors, who turns 40 next week, whipped 21-year-old Nicklas Kulti of Sweden 6-3, 6-4 on Monday night in the opening round of the Hamlet Cup tennis tournament. Joining Connors in the second round was seventh-seeded Alexander Volkov of Russia,
      90 words
    • Article
      Krabbe offers same defence
      101 15 FRANKFURT Double world sprint champion Katrin Krabbe offered no new defence at a final hearing on Monday before the German Athletics Federation (DLV) imposes the expected four-year ban for failing a drugs test. "No new information came out of the hearing," the DLV said in a
      101 words
    • Article, Illustration
      A hero's welcome
      54 15 SYDNEY Australian 1500-metre freestyle Olympic gold medallist Kieron Perkins being showered with paper streamers and confetti during a welcome home parade up Sydney's Main Street yesterday. An estimated crowd of between 200,000 and 250,000 took a long lunch hour to cheer home some of the 150 athletes
      54 words
    • Article
      One more corporate sponsor
      65 15 ATLANTA The Home Depot Inc, the Atlanta-based home improvement chain, has become the third corporate sponsor of the 19% Olympics in Atlanta. The two other companies that have already pledged sponsorship are Nationsbank and the Sara Lee Corp. The companies are paying nearly US$4O million (Ss64
      65 words
    • Article
      More women's prize money
      104 15 NEW YORK Top-ranked Monica Seles and the other women tennis players will battle for 25 per cent more prize money in 1993. The Women's International Professional Tennis Council said yesterday that besides the increased purse, the 1993 Krat Tour will feature at least one "Blockbuster Event"
      104 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      210 15 Petro^^H 4th International Petrochemical Conference 17-18 September 1992, Raffles City Convention Centre, Singapore Petrochemicals Into the Next Century National Petroleum/Petrochemical Companies' Downstream Integration: Impact on Trade Private Manufacturers Development of End-User Industries: the Effect on the Petrochemical Industry Environmental Care and the Development of Petrochemical Industry: A Cross Regional Study
      210 words
    • Advertisement
      Page 15 Advertisements Column 2
      187 15 A Special Invitation to all Companies and Organisations. NO PASSPORTS, NO CUSTOMS OFFICERS, NO LUGGAGE CLAIMS, NO AIRPORT TRANSFERS, NO AIRSICKNESS, FOR YOUR COMPANY GATHERINGS AT THIS PARADISE RESORT. I>B ei Alt But YES to a distraction-free seminar, YES to a team of fully attentive participants (now, isn't that money
      187 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      813 16 Id Nothing Beats A Bud. fftffinflll where to wine, dine INKING QF rnpWTTO 'Tffo i^Rl ooimeGjf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a touch of
      813 words
    • Advertisement
      Page 16 Advertisements Column 2
      250 16 Enjoy k>othing piano string numbers as you sip exotic favourites like blue Mountain No.l. Ethiopian Harrar or one of the fine blends from our superb selection of Boncafe You II find our freshly-brewed coffees. ConUnental Breakfast a treat at only $9.00" Complete your aromatic or try our adventure with our
      250 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      714 16 TELEVISION AND RADIO r mrn Piiccici with 1 nvp 3808 is2£«ssa A A XV Tf J. V-1X 7.25 PM Opening followed by The 5.50 PM Opening followed by Sa- gg 5 m ||2 n y||f I, a J*"* taMSS Repofl v SUnfrr?" <T> 12 45 m c Hf am 9
      714 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Malcolm X unsettles Warner
      728 17  -  As the movie nears completion, Warner Bros twitches nervously over the controversial issues portrayed in the film. Bernard Weinraub reports Bernard Weinraub NYT ON a stifling afternoon last week, Spike Lee, the director, and the Warner Brothers brass walked into a plush screening room on the
      NYT  -  728 words
    • Article
      Lock icon When reel life imitates real life
      490 17 Distributors are now considering a different approach to promoting Woody Allen's latest film NYT IF MOVIE-GOERS are waiting to see Malcolm X, there's little doubt that another movie, Husbands and Wives, is provoking more than usual interest. This is Woody Allen's 22nd film, and
      NYT  -  490 words
    • Article, Illustration
      Miller's daughter directs one of his plays
      501 17 CHATTER BO ARTHUR MILLER's daughter, Rebecca, is directing a production of his play After the Fall in Cincinnati. The play, she said, is about Miller's life after his marriage to Marilyn Monroe ended but it doesn't have to be interpreted as autobiographical. "It's
      501 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      220 17 AND ENTERTAIN SINGAPORE TEMPTATIONS Cafe-in-the-Park goes local this month of August with a Singapore buffet spread that will tempt the most discerning tastebuds. from 1-31 August 1992 7.00 pm to 10.00 pm At $22.00+ per person ANA HOTEL For reservations please call' SINGAPORE 732-1222 ext 1700 HOWL AT THE MOON
      220 words
    • Advertisement
      Page 17 Advertisements Column 2
      245 17 STRATEGIC PLANNING THE KEY TO BUSINESS GROWTH 31/8/92 1/9/92 Happiness Hall, Plaza Hotel This is wi untaue opportunity for entrepreneurs and manager* to meet and work with Dr Russel OBve, an experienced proven Business Consultant to Arthur D Littie Consultants (USA). Dr Olive is also a Professor at Northeastern University
      245 words
    • Advertisement
      Page 17 Advertisements Column 3
      58 17 Rare Chinese Art Exhibition (25th August 10th September 1992 10am 6pm daily) Hua Shi Oriental Art Pte Ltd 272-276 River Valley Road, Singapore 0923. Tel: *****71 *****23 Jt*. SEMIPRECIOUS SILVER STONE CARVINGS SILVER-GILT DECORATED WARE WV ISLADE e MINIATURE IVORY xWi I CARVINGS CARVINGS MING ACHING SANDAL WOOD CARVINGS IMPERIAL
      58 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market bucks overseas trend to close higher
      3766 18  -  By Quak Hiang Whai SHARE prices yesterday bucked the dismal trend overseas to end higher. Trade was light and peppered with selective blue-chip buying. Brokers were relieved that the Straits Times Industrial Index managed to stay above the critical 1,330 support level despite
      3,766 words
    • Article, Illustration
      Lock icon HOT STOCK
      82 18  -  Quak Hiang Whai PACIFIC Carriers retreated sharply after failing to break the resistance at $1.60 in early June. The charts, however, show some signs of a bullish convergence. Daily RSI and weekly stochastics are slowly creeping up, with higher tops, although the share price shows a downward trend.
      SOURCE: BRIDGE INFO  -  82 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      37 18 Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. and 1.G.1, diamonds, emeralds dm/ ofAer gemstones. Main Showroom: Mondial Promenade 300 Orchard Road *01-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138
      37 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3149 19 CAC 555 +15 +2.8% Roth Inds 50* 510 +12 +2.4% FELS 50« 294 +11 +3.9% DBS 1050 +10 4-1.0% DBS Foreign 1110 +10 +0.9% OUB Foreign 464 +10 +2.2% S1A 1290 +10 +08% SI A Foreign 1470 +10 +0.7% SPH Foreign 1220 +10 +0.8% Shangri-La
    3,149 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      57 19 U|UIW IU 1111 111 I i ■1 1 I II I 'Ml 111 II I I Find out in 1 I■ I I HI I H I I I I II I I I I Personal Investment and Finance. 18 11 I II H 111 ■II I I I H
      57 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3278 20 «tl V r Cicniings 50* 780 +10 +1.3% OIL US$0.10 87 +4 +4.8% MAS 370 6 +1.6% M Banking 530 +5 +1.0% Malayawata 190 +5 +2.7% H Leong Ind 50» 430 +4 +0.9% MUI 157 +4 +2.6% Landmarks Bhd 94% +2% +2.7% Hume M 302
    3,278 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      169 20 ELECTRONIC FOR FINANCIAL WIZARDS! We're talking about Shine, Singapore Press Holdings' on-line interactive information network on Teleview. With over 30,000 screens of well-packaged and designed information, Shine covers a wide range of editorial on business, lifestyle, education, and travel! Text is meticulously edited to make it reader-friendly. Full colour photos
      169 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Trading weighed down by poor overseas leads
      5140 21 Bernama TRADING on the local share market remained sluggish yesterday as sentiment was weighed down by poor overseas leads. Prices drifted within narrow ranges to close easier without the prospects of a significant rebound in the near term in the absence of positive
      Bernama  -  5,140 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      PROPOSED ISSUES
      505 22 Company Rights Issue Manet Tech One-tor-one SI 00 per share Amal Steel One-tor-three (g, MJ2 20 per share Issue of *****m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (COPS) with up to 211.62m Transferable Subscription Rghts (TSR) tor an aggregate price of MSI per CRPS
      505 words
    • Article
      AUDITED RESULTS
      213 22 Com9*9 Hlafft Year Group Not Not earnings Cross ann to profit/toss (L) por share dividend ('000) (coots) Malayawata 17 Mar 92 M$S0.782($50,395) 37 8(37 5) 15TE(7 5TE) Metatock Aug 12 Mar 92 $4 479($5.048) 18 7(21) 10(10) Pelangi Bhd Aug 10 Mar 92 M$22.992 ($14,556) 11(9) 15(10) M
      213 words
    • Article
      RESULTS FORECAST
      93 22 Man Burt list Ml Tmt Forecast ftatt M M PrtM EfS Md Tear EK Gran pralt CwpH) hriri tetjr (ct») (SHI) («>*) ttC I Aug ?8 Dec 9? 592 50 14.857 39-52 158—208 CM Last Fri Tear ferecast Ma M MPnCt W ■d to (K ta ml la*
      93 words
    • Article
      OTHER RESULTS DUE
      769 22 Mai Beari Let Frf Tear tm$mi Parted Mi Taa IPS firm M aaaaand sad* (eh) fnft Mint (STtN) EMS Fral Nov 6 Jul 91 30TE 17,8781 tanI Intern Aug 6 Dec 92 190 10 0 37.607 tare* E* Interim Ai« 7 Dec 92 225 150 5.623 arr
      769 words
    • Article
      PRELIMINARY RESULTS
      218 22 Company Date Year Group pre-tax Not •armngj Gross ann to prom/toss (L) por share dtvMood ('000) (coots) Insas Bhd Aug 21 Jun 92 M$4,109l($5.211L) —<—) KL Industries Aug 21 )un 92 M$19.655($13.797) 7 3(3.7) BMT Aug 20 Jun 92 $1,518(11.348) 337 6(306 3) 140 9(150) Centrepoint Aug 20
      218 words
    • Article
      INTERIM RESULTS
      484 22 Company Date Half-year Group pra-tax Interim aan to profit/lass (L) dividend C000) Inch Ken Aug 21 Jun 92 M$1.372($2,253) 20(30) Guinness Aug 21 Jun 92 M$50,452($50,114) 18(16) IntRoiler Aug 21 jun 92 $810(11.407) MM Corpn Aug 21 Jun 92 M$25,053($l1,610) 5(5) Leader U Aug 21 Jun 92 M$43,871
      484 words
    • Article
      CORPORATE DEVELOPMENTS
      411 22 Aug 24 Keppei Integrated Engineering Ltd has clinched an $11 million order from a Swedish company to build the steel structure of two boiler houses. Sembawang Shipyard is acquiring over 16.2 million shares of Jurong Shipyard from Sembawang Holdings. Aug 22 DBS Bank has set up a joint-venture
      411 words
    • Article
      COMPANY MEETINGS
      123 22 Malayan Craft Ltd: 30th AGM at Changi II, Level 3, Concorde Hotel, 317 Outram Road, Singapore 0316, on Wednesday, August 26, at 12.00 noon Leonf Hup Hdgs Bhd: EGM at Delima 1 2, Puteri Pan Pacific Hotel, Level 2, Jin Salim, ***** Johor Bahru on Wednesday, August 26
      123 words
    • Article
      SCRIPLESS CONVERSIONS
      177 22 C onversion Special Trig Scriptess Conversion deadline Period Trading Company starts (IDP) (ST) starts ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 Hong Fok Sep 8 Sep 28 Sep 16 Sep 28 Sep
      177 words
    • Article
      DIVIDENDS ANNOUNCED
      813 22 Currant Ex Mis Data Total far Tata! far paymaat data dasa payaMa tfea yaar last yaar Mn Mdp SOc 61(b) Aug 26 Sep 7 Sep 24 6% 6% An** 25c 10* Aug 21 Aug 27 Sep 10 10* 10* Am Pk Ld 50c 2*(b) Jul 23 6 Sep
      813 words
    • Article
      RECORD HIGHS & LOWS
      150 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 high: 1316.68 (21/2/92) 1992 high: 1545.92 (27/1/92) 1992 kwr 1122.50 (18/8/92) 1992 tow: 1310.95 (18/8/92) 1991 high: 1333.08 (3/6/91) 1991 high: 1565.58 (3/6/91) 1991 tow: 1022.52 (16/1/91) 1991 tow: *****8 (16/1/91) 1990 high: 1435.43 (16/7/90) 1990 high: 1607.12 (27/3/90) 1990
      150 words
    • Article
      APPROVED ISSUES
      290 22 Company Rights Issue Golden Hop* One-tor six MSI 50 per share Ex-date Aug 27 Books dose: Sep 10 Acceptance t Payment NYA IMS One-tor-one q MS5 00 per share Ex4ate Sep 7 Books dose Sep 21 Acceptance 1 Payment: NYA OUT One-tor-two q SI 50 per share Ex-date
      290 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      958 22 Trans Rulttind Stbttiitiil Bey/ No. of Amount ShirrtoMing Stock Date Holder SkarefcoWer/Wrector Sell shares Before Alter FELS 21/08/92 Street Names Keppei Corporation Ltd B 200,000 572.045 77,982,370 55 25 78,182,370 55 39 Material H 21/08/92 HK Shanghai (Nominees) Pte Ltd Kawahara Mtg Co Ltd B 500.000 250,000
      958 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      358 22 In local curr In S$ In US$ dy yr dy yr dy yr Aug 24 Index chge cfage chge chgc chy chge World 371.3 -0.2 -9.0 0.6 -8.3 1.0 -7.3 +EAFE 430.3 0.1 -14.3 2.0-11.9 2.4-10.9 Europe 382.3 -2.1 -7.0 0.7 -1.2 1.1 -0.1 Pacific
      358 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shares continue to fall across the board
      347 23 Reuter CHINA'S share markets fell again yesterday, with already gloomy sentiment depressed by disappointing results and an approaching new listing, said Hongkong brokers. Both 'A' and 'B' shares fell on the Shanghai and Shenzhen markets, dragging the Credit Lyonnais All China Index down
      Reuter  -  347 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices decline in light trading focused on bank issues
      978 23 Reuter SHARE prices yesterday fell in light trading focused on the banking sector, brokers said. They said banks fell because investors were tired of waiting for the government to implement its decision to let foreigners buy bank shares. "They are tired
      Reuter  -  978 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Weak foreign markets drag shares lower
      2121 23 Reuter STOCKS slipped yesterday as local investors, lacking direction and influenced by losses in offshore markets, focused on small, speculative issues, brokers said. The SET Index ended 2.35 points lower at 754.48 on moderate turnover of 6.96 billion baht. Declines led advances 149 to
      Reuter; Source: Bridge Info  -  2,121 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      133 23 Shinel YOUR KEY TO B ETTER BUS IN ESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ongon 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia A videotext system in
      133 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end lower in see-saw trade
      2594 24 Reuter STOCKS ended lower in seesaw trade yesterday. While profit-taking after recent strong gains pressured prices, buying back of oversold issues limited the downside, brokers said. Healthy volume also lifted sentiment, they added. "The market is not likely to fall drastically from this level,"
      Reuter  -  2,594 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares finish lower on overseas selling
      2435 24 Reuter STOCKS finished lower yesterday on a renewed bout of overseas selling which wiped out earlier bargain hunting efforts at mid-day, brokers said. The Hang Seng Index ended down 99.44 points, or 1.84 per cent, at 5,291.49. Brokers said European institutions were shedding blue
      Reuter  -  2,435 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks hit 14-month low on weak US dollar
      2111 25 Reutcr THE share market closed yesterday at its lowest level in 14 months as the international rout on stocks, bonds and currency continued. "Overseas sellers came out because of the weak US dollar," said Tony Russell of Morgan Stockbroking. "There's a lot
      Reutcr; Source: Bridge Info  -  2,111 words
  • REGIONAL STOCK MARKETS
    • Seoul prices end higher for 3rd straight day
      • Article
        SEOUL
        834 25 FOLLOW-THROUGH buying in active trade drove stocks to close higher for the third consecutive trading day yesterday, although profit-taking pared gains. Brokers said the market was buoyed by intervention by the Korea Securities Market Stablisation Fund and fewer sell orders by institutional investors. "We bought five billion won worth
        834 words
      • Article
        TAIPEI
        506 25 STOCKS closed lower yesterday in speculative trade despite opening higher. Brokers said the index would move around 3,800 points for some time before a clear trend emerges. The Weighted Index ended 34.30 points lower at 3,816.38. Turnover rose to NT521.85 billion from NT519.17 billion. Brokers said trading focused on
        506 words
      • Article
        MANILA
        592 25 SHARE prices fell yesterday after the Dow Jones index in New York declined sharply as investors decided to stay on the sidelines and engage in slight profittaking, brokers said. The Manila Stock Exchange Com- posite Index slipped 15.26 points to finish at 1,440.45 from Monday's close of 1,455.71. "This
        592 words
      • Article
        NEW ZEALAND
        295 25 SHARES followed bearish overseas trends to end 1.26 per cent lower yesterday, with volatility in the AustraliaNew Zealand dollar cross rate adding to the uncertainty. The NZSE-40 Capital Index ended 18.63 points down at 1,457.63, on moderate turnover of about NZ$21 million. The cross rate gained sharply in
        295 words
      • Article
        Untitled
        48 25 Ckm Plrtw A* 25 NEW ZEALAND NZSE-40 Capital 1,457.63 i.476.26 -18.63 MAMLA Composite Index 1,440.45 1,455.71 -15.26 Turnover (mil pesos) 188.6 215.1 -26.5 TAIPEI Weighted Price Index 3,816.38 3,850.68 -34JO Turnover (NTS billion) 21.85 19.17 +168 SEOUL Composite Stock Index 494.50 483.73 +10.77 Turnover (billion won) unav unav
        48 words
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  • MS stocks tumble on greenback plunge
    • Article, Illustration
      NEW YORK
      1224 26 > STOCKS tumbled on Monday to their lowest levels since April on the New York Stock Exchange in a sell-off triggered by the declining US dollar and worries over costs related to Hurricane Andrew. The blue-chip Dow Jones Industrial Average, which plunged 50.79 points on Friday, lost another
      1,224 words
    • Article, Illustration
      LONDON
      783 26 SHARE prices fell on Monday because of poor trade figures and continuing fears that interest rates might be in- creased to support sterling within the European Monetary System. At the close, the FT-SE Index of 100 leading shares was down 54.6 points or 2.3 per cent to 2,311.1 points.
      783 words
    • Article
      AMSTERDAM
      253 26 SHARES finally threw in the towel and slumped to new year-lows as the US dollar probed historic depths on Monday. But dealers said the market was largely deserted, with little or no institutional activity. Relatively resilient of late to international gloom on equities, the EOE Index closed 3.12 per
      253 words
    • Article
      FRANKFURT
      607 26 SHARES fell a further 1.3 per cent in post-trade on Monday, doubling the losses seen in Monday's bourse session, as the US dollar continued to head lower in the European afternoon. Dealers said in particular export-ori-ented stocks and other key bloe chips had been hit in late trade. Dealers
      607 words
    • Article
      PARIS
      268 26 THE CAC-40 Index of leading shares slipped under the key 1,700 level for the first time this year on Monday, standing 45.81 points or 2.63 per cent lower at 1,698.37 at 1014 GMT. The last time the index closed below 1,700 was on Dec 24, 1991, when it finished
      268 words
    • Article
      MILAN
      226 26 WITH other European stock markets in retreat on Monday and the lira under pressure, share prices had nowhere else to go but down. Rumours about financial problems for some brokerage houses gave sellers an extra incentive. The MIB All-share Index dropped 1.51 per cent to close at 785 points,
      226 words
    • Article
      STOCKHOLM
      136 26 SHARES fell sharply on Monday to a new year-low on higher domestic credit market rates and a weak US dollar. Dealers said insecurity stalked every sector, and foreign investors were active sellers. The bourse All-share Index fell 3.95 per cent to 742.65. The Top-16 Index was down 4.05 per
      136 words
    • Article
      TORONTO
      359 26 STOCKS shrugged off an historic agreement that could end years of wrangling over the Canadian constitution with the lack of enthusiasm typical of Monday. The market instead focused on the slumping US dollar to end lower. The TSE 300 Composite Index dropped 9.5 points to 3,380.79 on volume of
      359 words
    • Article
      Untitled
      604 26 Aug 24 CVmc Previous NEW YORK Dow Jones 3.228.17 3.254.10 -25.93 S&P500 410.72 414.85 -4.13 Turnover (million) 165.69 204.8 -39.11 LONDON Financial Times 30 1,713.7 1,755.4 -41.7 FTSE 100 2,311.1 2,365.7 -54.6 Turnover (million) 314.2 433.4 -119.2 FRANKFURT DAX Index 1,497.74 1,519.72 -21.98 AMSTERDAM EOE Index 274.85 283.69 -8.84 PARIS
      604 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends higher, bullish sentiment for D-mark remains
      1208 27 REPORTS THE US DOLLAR closed higher against the deutschemark yesterday after seesawing nervously in Tokyo, but strong bullish sentiment for the mark is still intact, dealers said. Some expect the currency to break below a record low of 1.3988 marks hit
      1,208 words
    • Article
      INTERBANK FOREX RATES
      389 27 Cross rates Aug 25 USS S$ MS Dm Yen SFr AS NZS USS 1.6030 2.4880 1.4040 124.50 0.5023 1.2430 1.4144 1.8587 SS 0.6238 1.5521 0.8759 77.6669 0.3133 0.7754 0.8824 1.1595 MS 0.4019 0.64 0.5643 50.0402 0.2019 0.4996 0.5685 0.7471 Dm 0.7123 1.1417 1.7721 88.68 0.3577 0.8853 1.0074
      389 words
    • Article
      MONEY MARKET
      533 27 Interbank rates S$ Bid Offer Overnight 13/4 17/8 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 US$ Bid Offer 7 days 3 3/8 3 1/2 1 month 3 3/8 3 1/2 2 months 3 7/16 3 9/16 3
      533 words
    • Article, Illustration
      Lock icon Aussie dollar seen staying low
      292 27 Reuter SYDNEY The Australian dollar is expected to remain under downward pressure as investors abandon the local currency in a scramble to buy German marks but analysts say the dollar's slide over the past few days is overdone. The Australian dollar struck a low at
      Reuter; Source: TeleTrac  -  292 words
    • Article
      FINANCIAL FUTURES
      1582 27 SIMEX EUWOOOOJUt Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.53 96.54 96 51 96.52 3205 4150 ***** Dec 92 96.29 96.30 96.26 96.26 8000 ***** ***** Mar 93 96.18 96.20 96.16 96.16 8550 ***** ***** Jun 93 95.87 95.89 95.83 95.83 4000 3691 5758 Sep
      1,582 words
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  • COMMODITIES
    • Article
      Lock icon European ethylene market in need of rationalisation
      312 28 Reuter LONDON Europe's ethylene market has been hit hard by world recession and a supply glut, traders and analysts said. Europe is awash with ethylene, a basic building block of plastics such as PVC, polyethylene and polypropylene. But rationalisation of the ethylene industry
      Reuter  -  312 words
    • Article
      Lock icon S African firm doubts it can maintain 1991/92 earnings
      313 28 Reuter JOHANNESBURG South Africa's Samancor Ltd has said that if there is no improvement in world commodity markets it would be hard pressed to maintain 1991/2 earnings in the current financial year to June 30, 1993. "It will be a tough
      Reuter  -  313 words
    • Article
      KL tin retreats slightly on poor buying demand
      778 28 REPORTS THE PRICE of tin retreated slightly to close one sen lower at $16.79 per kg on the Kuala Lumpur Tin Market yesterday following poor buying demand and smaller offerings from miners. A dealer noted that only local buying interests were prominent
      778 words
  • Article
    PRICES
    1471 28 Rubber MS C—wdKy Eidmip («wt»re« clwhn «s at lpni) USS 1 C—tract (S cents/kg) Oosc Volume Open Month High Low Sett (tonnes) Interest Sep 92 141.75 141.25 141.00 400 1,400 Oct 139.50 139.50 139.00 100 3,475 Nov 139.25 138.25 138.00 450 3,450 Dec 139.25 139.25 137.75 100 3,825 Jan/Mar
    1,471 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      239 28 The Straits Times Weekly Overseas Edition. A crisp summary of sk happenings in s ia& investment opportunities appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, whereever you may be. Subscribe now. And be in touch. TheStraitsHmes ■BWliilir"' rj Name t Address I I
      239 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1308 29 CHy FlglK ETA FMght ETO Ma DhaM GA895 1300 GA983 1315 MaliMa QF81 1955 Qf82 2205 SQ227 2245 A—— RJ182 1440 IwiWw KL837 1255 SQ324 2200 GA895 1300 KL838 2240 SQ323 1840 JUdriaai NZ21 1820 NZ22 1940 SQ288 2025 SQ286 2030 ■afcrihl GF149 0650 GA911/524 0800
    1,308 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Through the four seasons
      671 29  -  POSTCARD FROM HANOVER By Jennifer Lien SOFT September sunsets framed by autumn splendour. Granite mountains coated with layers of transparent ice. Rolling hills. Narrow, bustling streets with quaint shophouses. Sunbathers sharing a large grass quadrangle with youthful demonstrators holding a rally for the latest cause. Welcome
      671 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1322 1.1475 Canadian dollar 1.3332 1.3602 NZ dollar 0.8543 0.8716 Sterling pound 3.1800 3.2230 US dollar 1.6000 1.6080 Local dollars to 100 whs of fbreigB currency Austrian schilling 16.04
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      62 29 Duration Title Venue Organiser Tel Sept 12-29 International Turin, Italy Torino *****569 Caravan Caravan Esposizionio Equipment Exhibition Sept 22-26 Building and Jakarta PT Pamenndo (62)21/*****3 Construction Buana Abadi (fax) Indonesia Duration Tide Venue Organiser Tel Sep! 26-27 International Geneva Societe 022-*****78 Minerals Fair Genevoise de Mineralogie Sept
      62 words
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      Page 29 Advertisements Column 1
      41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 36 European destinations- all for one price. Call *****77 for details. We know Europe from atari to Finnish.
      41 words
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      Page 29 Advertisements Column 2
      6 29 Innovation Technology in BT every Tuesday
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      Page 29 Advertisements Column 3
      333 29 BUSINESS TIME S Toll free Tel No 737- 0043 Fax No: 734 3698 Sales a Marketing Manager > Regional Training Consultant Operations Scheduler Administration Manager Industrial Engineers Naval Architects Business Manager Management Accountant Senior Process Engineer Plastics Specialists Perfsonnel Officer Airport Services Manager Censors Information Officer Reporter Archives Oral History
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      Page 29 Advertisements Column 4
      307 29 M THE MATTER Of THE COMPAMES ACT, CAP. 90 TRRJMPH-LOR (SEA) PTE LTD MEMBERS VOLUNTARY UQUOATION At an Extraordinary General Meeting ot the Company deemed to be hold on the 20 August 1992. tha following special resolution was duly passed: That tha Company be wound up voluntarily and that Lim
      307 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      166 29 25 On tour I resolved to Included one of the teeth 23 Do the French give unem--26 Follows whaTi lo- f minor importance (10) ploymen, pay? (4) gician does (6,2,6) JSTI) S SOtWWN DOWN 8 Nothing in brothers' mnm i PMlß|sfmß(^umEl 1 Townsman serving up rooms but instruments (6) food
      166 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      160 29 Singapore Outlook: Showers over several areas in the morning. Report Maximum temperature 32.7 Assoc humidity 55% Minimum temperature 25.5 Assoc humidity.....— 92% Hours of sunshine 8.40 Rainfall in mm Nil Rainfall this month 74.5 Rainy days this month 8 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/02 Clear Bangkok 33/25 Rain
      160 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      35 29 fniFPitm-r t£\ /BY TMeTiroe ive. PsYcHera .^\sTou), MouT\ I SptY 3 Up f"o iT'5 ripirW PS DRV V Tine J DO VOO RCT-UPLLV J V C v r POSTSOV 3747 ASSOCIATED NEWSPAPERS LTD, IM2-IM2 VcSk.
      35 words
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  • Article
    Lock icon Iraq tries to prevent setting up of 'no-fly zone'
    419 30 US said to have warned Iran to stay out of dispute AP UNITED NATIONS Iraq yesterday made a last-minute bid to prevent the United States and its allies from establishing a "no-fly zone" in the south, but the allies were undeterred.
    AP  -  419 words
  • Article
    Lock icon Australia to slash migrant intake if conservatives win power
    345 30 AFP SYDNEY Australia will dramatically and immediately reduce its migrant intake if the conservative opposition wins power next year, opposition leader John Hewson said yesterday. Mr Hewson's comment appeared to support a call by his employment and industrial relations spokesman John
    AFP  -  345 words
  • Article, Illustration
    Lock icon Andrew threatens crops in south-west US
    219 30 Reuter BEDFORD, Massachusetts Hurricane Andrew is now in the Gulf of Mexico, threatening the Gulf Coast between New Orleans and Houston. Depending on its track, it could hit cotton, rice, soybean and sugar areas in Louisiana and Texas with damaging winds and flooding, independent
    Reuter  -  219 words
  • Article
    Lock icon Israel willing to trade Golan for peace
    224 30 AP, Reuter WASHINGTON In a significant development, Israeli Foreign Minister Shimon Peres said on Monday that Israel was prepared for territorial compromise on the Golan Heights in return for a peace treaty with Syria. Mr Peres invoked UN Security Council Resolution 242 which
    AP,; Reuter  -  224 words
  • Article
    Brazil panel says it has enough proof to impeach president
    269 30 BRASILIA A special congressional panel issued a long-awaited report accusing President Fernando Collor de Mello of accepting millions of dollars in illegal payments and benefits from business interests and said that there was sufficient evidence to begin impeachment proceedings against
    269 words
  • Article, Illustration
    Ramos has picked a battle he can't win
    544 30  -  The Bottom Line EVANGELINE GAMBOA EVANGELINE GAMBOA The writer, a BT copy editor, is a Filipino Catholic. SOMETIMES people do certain things because they don't understand the full implications of their actions. I figure this may be the case with President Fidel
    544 words
  • Article
    Lock icon Clinton nets substantial Wall St contributions, support
    373 30 WsyjßESjMrsrrcaa? DFAil"ii|s AP NEW YORK Arkansas Governor Bill Clinton has courted and received substantial donations and policy support from Wall Street, waging a strong effort in Republican territory where most top executives are loyal to President George Bush. Federal election records and interviews
    AP  -  373 words
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      Page 30 Advertisements Column 1
      177 30 Every Saturday Business Times Shares of US insurers fall, Singapore reinsurers escape hurricane's fury, Pg 9 ETON HALL, Singapore (Boarding Facility for Foreign Local Students) ■»> ">> JS SB aullM Situated in lush, green tranquil surrounding in Alexandra Park, this 44,000 m sq. feet building can house 160 male A
      177 words
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      Page 30 Advertisements Column 2
      65 30 Trends ISSUE No 24 of Trends, a publication of the Institute of South-cast Asian Studies, will appear in tomorrow's BT. This month's issue will feature the following: Japanese foreign direct investments: the next wave Comparing the S'porcan undergraduate with the American Why can't Singapore authors sell overseas? China's new assertiveness
      65 words
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      Page 30 Advertisements Column 3
      63 30 inv|stMent i"Zts of tumble book-entry Government 1992 due 1 September to be issued on 31 August 19fflH| -.VM Tenor approx. 7 years Amount Offered Allotted *****,000,000 Amount Applied 551,970,908,000 mKm Interest/Coupon Rate 4.875% p.a. y Average Yield Price on Allotment 4.89% p.a. and 99.912% Hi Cut-off Yield and Price 4.90%
      63 words
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  • Shipping Times
    • Article, Illustration
      No reports of piracy with new joint patrols
      394 31  -  Malaysia, Indonesia will also step up efforts to combat against piracy By Rahita Elias SINGAPORE The Indonesia and Singapore navies' joint efforts to combat piracy appear to have paid off. According to latest figures released by the Singapore National Shipping Association, it
      394 words
    • Article
      Lock icon Quayle vows to preserve shipyard jobs at Newport News Shipbuilding
      482 31 UPI NEWPORT NEWS, Virginia Vice President Dan Quayle told cheering shipyard workers on Monday that the administration will fight to preserve their jobs, warning that Democrats would "take a meat axe to defence." More than 5,000 workers and Republicans greeted
      UPI  -  482 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1182 31 Pace Col ABC Containedine 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 •ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asia Cont Lines 18 2 Asian Break-Bulk 16 3 ASCL 5 5
      1,182 words
    • Article
      Nedlloyd offers more sailings to West Africa, S America
      471 31  -  By Amir Khalil SINGAPORE Dutch carrier Nedlloyd Lines has launched an extra sailing each from the Far East to West Africa and South America on Aug 4, in response to strong growth in cargo movements from the Far East on the
      471 words
    • Article
      Lock icon Safety in straits adequate: minister
      183 31 The sinking of the Royal Pacific AP KUALA LUMPUR Safety in the Strait of Malacca is adequate despite the sinking of the Royal Pacific after it collided with a Taiwanese fishing trawler, Transport Minister Ling Liong Sik said. "Even in the Atlantic Ocean the world-famous
      AP  -  183 words
    • Article
      Brazilian group to expand fleet
      169 31 RIO DE JANEIRO Brazil's Grupo Libra de Navegacao is negotiating a US$25O million (Ss4o2 million) newbuilding investment with government and financial authorities while eyeing weather changes in domestic and regional industry conditions. Orders would include eight containerships of 1,200 TEU capacity each plus two drybulk
      169 words
    • LOG BOOK
      • Article
        Nepal expects tourism earnings to increase
        83 32 KATMANDU, Nepal Nepal's tourism earnings are expected to increase to US$l37 million (Ss2l9 million) by the end of the current five year-plan that was launched in mid-july this year from the current year's expected earnings of U5572.36 million, the national planning commission said. During
        83 words
      • Article
        Pakistan waives health cert need
        77 32 ISLAMABAD Pakistan is waiving a requirement for health declarations from arriving travellers, a senior government official said on Sunday. People arriving in Pakistan had been required to produce a vaccination certificate or declarations certifying they had not been in a yellow fever area in the
        77 words
      • Article
        1945 sea disaster suit
        116 32 TOKYO Survivors of a 1945 sea disaster in Japan and families of those killed in the accident, all from South Korea, sued the Japanese government yesterday, demanding damages and apologies. Japan's 4,730-tonne naval transport ship Ukishima-maru with some 4,000 forced Korean labourers aboard exploded and sank
        116 words
      • Article
        Four dead in Perth air crash
        83 32 PERTH, Australia At least four people died yesterday when a Beechcraft Baron light aircraft crashed at Geraldton, a coastal city 460 km north of here, the Australian Bureau of Air Safety confirmed. Bureau investigators were on their way to the crash site to sift
        83 words
      • Article
        Russian vessel saves 2 Inuits
        94 32 TORONTO The organiser of the first legal voyage by a Russian ship into Canada's Arctic waters has successfully carried out two search and rescue missions, organisers said on Monday. Last Tuesday the Russian icebreaker Kapitan Khlebnikov found two Inuit youths one Canadian and the the
        94 words
      • Article
        Kentucky airport prices bonds
        56 32 KENTUCKY The Kenton County Airport Board of Kentucky on Monday tentatively priced for sale to the public U5596.04 million in tax-exempt revenue bonds for the Cin-cinnati-Northern Kentucky International Airport. Paine Webber Inc, the lead manager of the underwriting, said all the bonds being sold were covered
        56 words
    • Article, Illustration
      Lock icon Passage to the future
      1055 32 Panama has the potential to be a maritime power but seems incapable of exploiting its natural advantages. A US$6OO million development plan has just been revealed to upgrade its canal facilities Lloyd's List PANAMA has been a frustrated maritime power. The beneficiary of natural advantages others
      Lloyd's List  -  1,055 words
    • Article
      DAILY FREIGHTS
      734 32 FREIGHT levels drifted lower during an uneventful Monday as the Baltic Freight Index (BFI) shed three points at 1,078, dry cargo brokers said. The AJtantic panamax market appeared firmly underpinned by enquiry for prompt loading dates but reported fixtures were untypical and freights gave little direction, they said.
      734 words
    • Article
      WEEKLY FREIGHTS
      373 32 FREIGHT shipping rates strengthened during the past week, helped by tighter shipping availability in September and by, stronger demand in the grain sector, traders said on Monday. The market indicator, the Baltic Freight Index (BFI), rose 16 points against last Friday's rate, to close at 1,081 points. Brokers
      373 words
    • Article
      THE SHIPPING GUIDE
      8107 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      8,107 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        660 47 E5 Voy No Barth Arrwal Departw* Vestal Voy No Berth Arrival Departre Marina Terminal 1 Batam Murnt *****2 M05 alongside 25 08/2300 Batam Sayang *****2 M04 atoogside 2508/2300 Batamindo 2 2034S MOl 25 08/1900 Btm Bahagia M03 alongside 25 08/2300 Brahms IE 2608/0900 2908/1500 Petrel Arrow 59
        660 words
      • Article
        IN MALAYSIAN PORTS
        130 47 Johore Port Berth: 1: Petego Iso; 2: Ping Jiang; 3: Phuong Hong; 4: Anglo Orion; 5: Birfcness; 6: Dragon Kalimantan. 01 jetty: ml. DC* ml. Due on Aug 25: Pollux Gas, Petro Vantage, Navigator, Tristar I, Bunga Dahlis, llni Master. Due on Aug 26: Shiokaze, Young Chemicarry.
        130 words
      • Article
        CONTAINER SCHEDULE
        1590 47 ■mm RY OF FCL IMPORT CONTAINERS IN PROGRESS a* Voy No Cmtatan < ivatabfc 1 a* Voy No Contaaien a vaiat* Equator Haw k 57N 24.08.92 0705 Urn Master BN-101 COO (EST) 25 08.92 1500 Guru Bhun 605 24 08.92 0825 Kota Bintang KBT31N COO(EST) 25 0892 1500
        1,590 words
    • Article
      TRANSPORT DIARY
      756 48 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take placf at Selwyn College Cambrk£e, England. Sep( 15-16; Asia-Pacific Digital Celfcilar Mobile Communication!, organised by IBC Technical (Services Limited at The Maidann Singapore. For further please contact IBC Technical Services at tel: 732-1970 or
      756 words
    • Article, Illustration
      Lock icon TWA and unions reach tentative agreements
      711 50 Pact can transform private carrier into an employee-owned airline NYT NEW YORK Trans World Airlines (TWA) said on Monday that it had reached agreements in principle that could soon transform the privately owned carrier into an employee-owned airline. Plagued by mounting debt and a
      NYT  -  711 words
    • Article
      Lock icon Conoco opens first Polish petrol station
      214 50 AP WARSAW, Poland Conoco Inc opened its first petrol station in Poland on Monday, saying it had hopes of expanding its business in Central and Eastern Europe. The company is planning to invest US$2OO million (Ss32o million) over the next 10 years to build
      AP  -  214 words
    • Article
      Lock icon Airport dispute cools stock market in HK
      641 50 AP CHEK LAP KOK, Hongkong When Hongkong's governor, Chris Patten, visited this quiet, hilly island for the first time in July, he strapped on a hard-hat, boarded an earthmover and promptly honked the horn. That, more than anything, symbolised how impatient and frustrated
      AP  -  641 words
    • Article
      Lock icon Unions, Bell Atlantic reach contract agreement
      245 50 AP WASHINGTON Bell Atlantic and unions representing 52,000 of its workers have reached agreement on a three-year contract that includes an 11.74 per cent wage increase. "This bargaining has been very intense, but we have reached agreement and resolved our differences," Bell Atlantic assistant
      AP  -  245 words
    • Article
      Lock icon Aussie phone firm wins UN contract
      217 50 Reuter SYDNEY State-owned Australian and Overseas Telecommunications Corp (AOTC) has won a contract to supply United Nations peace-keepers in Cambodia with mobile satellite communications equipment, company sources said yesterday. AOTC will supply a national satellite network, telephone switching facilities, voice and data links and
      Reuter  -  217 words
    • Article, Illustration
      Lock icon Jakarta bars plutonium-carrying ships from its seas
      303 50 UPI JAKARTA Indonesian Atomic Agency officials and environmentalists on Saturday rejected plans for vessels carrying toxic plutonium to pass through Indonesian waters on their way from Europe to Japan. Final preparations are underway for the voyage of a ship transporting dangerously toxic plutonium
      UPI  -  303 words
    • Article
      Lock icon It was just like a movie, says survivor
      657 50 The sinking of the Royal Pacific^ AP SINGAPORE Skip Carney counts himself lucky to be able to describe the tumult and terror of being on a 13,000-ton cruise ship headed for the bottom of the seas. "It was just like the movies:
      AP  -  657 words
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      16 31 Um* ud mttlcm re#rwwtwl sss, iizzi plug AiMdatfca. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 31 Advertisements Column 2
      217 31 •It was just like a movie, says survivor, Pg 20 Panama: passage to the future, Pg 2 TWA and unions reach tentative agreements, Pg 20 r^MKTIN^^I I PSA PORTNET EDI I I 1 DEADLINE? I MSS HAS THE I AFFORDABLE SOLUTION! I MUMPS INTERNATIONAL I SHIPPING SYSTEMS (MISS) I starter
      217 words
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      Page 31 Advertisements Column 3
      59 31 INDOMKSIAN tTSVfOOHI AND PORT SKRVICEt For all Indonesian main ports including outports SHP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locabons CALL HOTLINE; jgifSSS Cotton* Schedule MyF»*fe 1 Mo 1 Shppm| Guxfc 10.11 SNsinPort 17 Snppon Tries 17 Transport
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      Page 33 Advertisements Column 1
      2956 33 am oocl (S) pte ltd jaroine shipping agencies TEL: *****11 FAX: *****09 l|l||f BOOKINGS TEL: *****34 *****58 ■MIIIKM 7K TERMINAL/CFS TEL: *****18 220 H Daficfl H PESAKA JAROINE SHIPPING AGENCIES BDN. BHD. L VjW A PORT KELANG TEL: *****18 FAX: *****91 *****88 tlMfl AHV MAIII i 0 PENANG TEL: *****4
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      2599 33 manmmnm THREE SAILINGS TO HONG KONG LUNA MAERSK V.9210 ETA SIN 31/8/92 MARGRETHE MAERSK V.9208 ETA SIN 1/9/92 LOUIS MAERSK V.9209 ETA SIN 3/9/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Laerort/Artea Thtt week Mararethe Maersk 9200 KMCTW—TCT3WTT¥inwnW»aWWWrwW^^^^M oi/« 0800 hrs BHRHHNBlßHflHilßlMHMMiilliMlHflllßltfHllHlllHl CFS 31/8 2359 MRS JOH LPK PEN OAK
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      1536 34 R'DAM/ I MMM VOY NO S PORE JEDOAH S'HAMTON H BURG ANT LE HARVE KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 I. Ml WESTBOUND KAGA 25/334 30/8 16/9 18/9 21/9 22/9 POUT KELANG I PENAN6 TOKIO EXPRESS 07/135 3/9 12/9 26/9 22/9 21/9 CABOO TO UK/CONTINENT LEVERKUSEN EXPRESS 08/335 6/9
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      444 34 ocT<a>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE TITANA 03/09 ORIENTAL KNIGHT 12/09 VILLE DE TUCANA 19/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel spore m loaowc fo» IBM 00/09 00/05 Of Ct SERVICE COIOMBO, MAHE, P
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      1556 34 KlßOßftiM MM* BWmmBW REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FELLHA CWNA SEA 226W 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/09 30/09 NORASIA AL MUHTA2AH 9227-3 07/09 29/09 30/09 02/10 03/10 04/10 05/10 06/10 07/10 NORASIA SAMANTHA 9228 3 14/09 07/10 08/10 11/10
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      2217 35 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 CBOOC RUtm CM GO SP(*£ BKOK STRAITS SIM Vl2t Mu»a. lab. KK IN PT 27 Aug MARION V 019S/020N 30-31 AUG 02 03 SEP K*6 MCRUBI *06t Muirj lab. KK 2* 27
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      Page 35 Advertisements Column 2
      2847 35 < SINGAPORE AGENT: < |)xX\ Ari fniriaf«C P&O Containers (Singapore Agencies) Pte Ltd 1%, X 4XV7 iIVIII rll livl 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 W Te) 225 2233 Tetex RS p NOCS p Fax: 225 5327/222 7517 W < CR Number: **********0Z EXPORT IMPORT VESSEL WO*
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      589 36 lifHWl'll'l CR NBR **********0-D EXPRESS SEMI CONTAiNERSHIP SERVICES TO EUROPE Wl/VOY STORE ROAM, AOAM HUM BREMKN ANTMCRP 9BMMTA/3SNB 17/9 20/10 26/10 30/10 4/11 HUDU/MW t/10 5/11 15/11 20/11 23/11 FAST TRANSIT TIIIE ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl lo lnduc«m«fll. Also accepting cargo to CaMblanca, Port Said, Port Alexandria, Genoa, Trieste. ALSO
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      1483 36 (g) HANJIN SHIPPING ens uji cw iuf h»ii Qfi OAK FOB VSt HALA SAV 1M HTC HANJM HAMBURG OUE 30 8 ORECT 20/9 23/9 HAWK KIMSAN 0711 31/8 II RMK 00* I/18 l/lf 11/lj HANJIN ELIZABETH 005E 6/9 OHECI 27/9 30/9 ftSHGUAM 7/9 K XAmfo2« 15/JJ 16/10 18/18 HANJIN VANCOUVER
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      1181 36 m i» wc uc w wi in kt w rrouuoßßM rtc im urn km iw «c rsc cmb m I E GENTU 04S 75 I hPt 31/1 2/9 4/9 7/9 10/1 U/» 12/9 14/1 2S/9 7/11 9/10 11/11 21/10 21/10 22/10 21/10 24/10 1/11 11/11 17/11 10/11 coat oion 1
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      1965 37 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: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/incna/pak NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL: (03) *****23 K.L.(03) *****33.
      1,965 words
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      Page 37 Advertisements Column 2
      1163 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM) —OCCHARQNG WESTBOUND-lOAWNC TRANSHFfED VIA ROTTERDAM mans ww law
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      1545 38 i 4 K-W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD P **********0 M) W W J EL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 i M mm MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD I JL Mi AL JL JLm# TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. {■■■■I KAWASAKI KISEN
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      1061 38 PHILI-ORI€NT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: **********6238 BY AIR, LAND OR SEA.... J&L WE TA/C£ ON THE WORLD FOR YOU MEMBER OFSINGAPORE FREIGHT FORWARDERS ASSOCIATION _niifaHHßßnHMi 28 AUG SYDNEY, MELBOURNE. BRISBANE. FREMANTLE ruDICT ru.BrH 26 AUG AUCKLAND, WELLINGTON,
      1,061 words
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      2221 39 PACIFIC INTERNATIONAL LINES (PTE) LTD mM 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E JAKARTA j BANGKOK I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN ESTEBRUGGE 24N 31/9 3/9 7/9 llli VI I',l SRISAMUT (THAI FLAG) SRS32N 31/9 3/9 7/9 nnurl VI
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      870 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY F |PGUDANG| PENANG PKELANG OCEAN VSL/VOY SIN SOU (1) RtM (2) HAM (3) GOT (4) E 28/8 28~8 29/8 SELANDIA 2342 779 18/9 20/9 21/9 23/9 E 4/9 4/9 5/9 BENALPER 2352 8/9 25/9 27/9 D 11/9 11/9 12/9 TOYAMA 2362 15/9 2no
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      231 39 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 Sap ETA Lagot 20 Oct Port Harcourt 26 Oct Calabar 30 Oct ACCEPTING B/BULK AND CONTAINERS °BSA° TRANSPORTATION M MYANMA \pßttk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kit Pen P.Gdf AVA VII6W In
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      2793 42 Container Liner Services Malaga 's Agents: Indonesia s Agents: General Agents: Booking Agents: Guan Euan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Onhnl J Costar Shipping Pte Ltd stripping freight tooting Centre Sdn Bhd 58 Perstaran Ra/a Muda Musa 29-A Jalan Kovil Hilir J IR H J anda
      2,793 words
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      256 42 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 T*t*x: R*****0 T*l *****01-3 Fax: 225 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SIN/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 974 IN PT 29/08 (SAT) DERAJAT 996 26/08 (WED) 29/08 (SAT) PELOPOR 1043 29/08 (SAT)
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      607 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PKtCAUS 30/8 ROTTERDAM 30/8 HAIFA/ASHDOD/ALEXANDRIA 30/8 HAMBURG/BREMEN 30/8 MARSEILLE/FRANCE 30/8 FELIXSTOWE/UK 30/8 BARCELONA/SPAIN 30/8 LEHAVRE/ANTWERP 30/8 GENOA/ITALY 30/8 GOTHENBURG/SCANDINAVIA 30/8 LOS ANGELES/WC/IPI 30/8 SYDNEY/MELBOURNE 4/9 NEW YORK/EC 30/8 FREMANTLE/ADELAIDE 27/8 VANCOUVER 30/8 BRISBANE
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      779 43 £Za RICHFIELD MARINE AGENCIES (S) PTE LTD I'J&l TEL: *****33 (12 Lines) \=L\ FAX: *****15/*****03 |FH| TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines ot Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOt ETA LOAOtNO FOR SPORE ABYOT 04/09 OARESSALAAM MOMBASA DJ«OOTI ASSAB MASSAWA ANOtNET MWS OS/10
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      769 43 JAKARTA BANGKOK fam vot aw «t I loosa wt mmwh OAHWOi nana BHUM 15SS INfT 29/00 VIA BHUM 19W 9M to Pt Sat 29/00 BtNW BHUM 41S 29/00 01/09 MUWJ BHUM 39M Fri 20/00 Mm 31/00 J NANA BHUM IStS 02/09 05/09 NAN IA BHUM 104N Sat 29/00 w«« 02/09
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      1735 44 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SW AKL IYT SIN AUST STAR 0526 M PORT 7/9 9/9 26/9 PROSPECT 20S 6/9 18/9 20/9 6/10 HI STAR 0528 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW
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      922 44 THONG SOON UNES PTE. LTD. Ms 77 ROBINSON ROAD #15-00, #16-00 SIA BUHWNG SINGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |WT 1 STORE [PEST VESSU »oY SMtt P. AELAW6 EQUATOR GRACE
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      214 44 CCNI Compania CMtona 6m Nmgadon Inttfociinica S.A. SEASPAC SERVICE ACCEPTING CONTAINERS AND BREAKBULK DIRECT SERVICE TO SOUTH PACIFIC ISLANDS sm nou suv rrr IAMKA *****8 28 29/8 9/9 12/9 17/9 PAIEMBANC 4003E8 27 29/9 10/10 13/10 18/10 DIRECT SERVICE TO CHILE. PERU. BOLIVIA s* cu do coe w mi w
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      787 45 COMPANIA PERUANA WjA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBU.K/FCI/SOC CARGOES TO/FROM CALL AO, MA TAR AM. 10* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH HLL Of LADMG. WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, MOM. TOKYO*, MAMLA*. DAVAO*. Ptiunt*
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      540 45 m zim Fwl CBBt»lBf SfVICB UMJ N.AMERICA/CARRIBEAN SERVICES dessel hot m ktmwi hot lm kst sa» ntc w» A KSSEL 29/1 OM MEAICA ft 23/9 2/1* 1/10 A/10 10/10 m SYOKY 12* 30/1 OM SAVAMMH JK 1/10 10/10 14/10 lf/10 11/10 m IUVH 10* 13/9 ON IAfAS X 12/10 21/10
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      668 45 MULn-MOOE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTINQ FCL/LCL DUBAI OAMMAN SHARIAH. DOHA. MUSCAT. BAHRAIN. ABU DHABI. BANOAR ABBAS. It DO AH FAR EAST ACCEPTINQ FCL/LCL PtNANG. P/KELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN. MANIA. KOREA UK/EUROPE ACCEPTINQ FCL/LCL LONOON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE MAIM. HAMBURG. ROTTERDAM. ANTWEP, GOTHENBURG. COPENHAGEN
      668 words
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      936 45 ©ft l Sffl PHI EAST 31/8 KEELUNG/KAOHSIUNG 29/8 BANGKOK 27/8 MANILA/CEBU [.si 30/8 JAKARTA/BELAWAN/SURABAYA 31/8 PORT KELANG/PENANG/E. Malaysia 31/8 BUSAN I 3/9 TOKYO/YOKO/KOBE/NGO/OSA i 28/8 HONG KONG SjN CN|NA »:f 28/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU I DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EBITOPC/UK J 29/8 LDN/FLX/LVP/SOU > 29/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSIO I
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      857 46 ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcotenns Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods from door to door trucks for home deliveries at cost
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      445 46 Bonterm! CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 4 SEPTEMBER ACCEPTING TO ALL PORTS IN NEW ZEALANO BANGKOK 30 AII6 JAKARTA 31 AUG PENANG 31 AUG PORT KELANG 3 SCPT FREMANTLE 20 AUG MELBOURNE 28 AUG SYDNEY 28AUG FELIXSTOWE 20 AUG HAMOURG 20 AUG ROTTERDAM 20 AUG GOTHENOURG
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      586 46 This Week's Sailings j To: KID To: KID Singapore Singapore M Hamburg 30/08/92 Manila 28/08/92 (Onfonwding ON *BBi MM Singapore 778 6522 779 2738 CMdhi jttfik YMf L 07-*****8 07-*****3 Alfred Ng fllß jf&f Jakarta 021-*****40 021-*****01 Troy Hsu VT Jj grar;A-, l r«M« CD He r C I CHIMB/
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      362 46 IVQ^ I CHINESE-POLISH ISA JOINT STOCK SHIPPING CO 1 COHTASCT/BtEAKBULK Ism I B. PRUS V.2S 2/9 ANTWDV/ROTTDKMM/HMOUK/GDTNM I LUBMI ¥.51 6/9 CASABLANCA U8A1V.22 23/9 HUMKPU/XMGMG/SHMKMM BALTIC FAR EAST SHIPPING PTE LTD 2 MSTM ROM) #10-00, HMC BULDMG, STORE 0207 TEI: *****69 FAX: *****09 TLX: RS ***** BALFES OSL ORIENT EXPRESS
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      88 47 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stones on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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      100 47 WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY RUSSIA BELGIUM IRELAND SWITZERLAND BULGARIA ITALY SPAIN DENMARR NORWAY SWEDEN FINLAND NETHERLANDS TURKEY FRANCE PORTUGAL TE CHECHOSLOVAKIA GREECE POLAND UNITED KINGOOM GERMANY ROMAMA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LINE 273-0466 AGENT OF
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    • Miscellaneous
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      430 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 ************************************************************2300 ft 19 1.3 09 06 04 05 0 7 1.1 16 2.1 2.3 2.3 £1 1.7 1.3 1.0 10 1.1 1.4 1.9 2.5 3.0 3.1 Z9 PP 18 13 09 06 04
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      568 48 W&k LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT 5 Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
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      538 48 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 26/00 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: TRANS ASEAN 15/08 20/08 Huangpu 'Guangzhou COSCO PULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHtNA/BANGKOK/HONOKONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      530 48 BEUING CHANGCHUN CHANGSH/^^|f^CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU .Jfc caitecfLO /shenzhin shipping Tel: 227 4788 Fax: 227 2Q83 SKH DISTRIPARK PTE LTD 77 Robinson Road #164)2 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 The RS *****SKHNVC) Johore Baru Tel: 07-*****8
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      1167 49 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE vcssas PWA+ PK£ SIN RTM ANT' LEW HAM BRE| FEL H EXPLORER 301W 28/ OS 28/ M 30/08 IS/09 18/09 19/09 19/09 19/09 22/09 SI. HCEPEWENCE 301W 11/09 11/09 13/09 02/10 02/10 03/10 03/10 03/10 06/10 H FRONTED 301* 25/09 25/09 27/09
      1,167 words
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      Page 49 Advertisements Column 2
      464 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS nssi N) V PR IK II ARERU II rr 28/8 RAAR RUAR 14 27/R SORRAJ IS 2/9 4/9 SRRARA I 2 8/9 TRAKS ARTR 41 R/l 9/9 13/9 COSIBC MASTER 12 11/9 11/9 CKUnfIR TRUER 21 11/9 11/9
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      882 49 JEDDAH/UK/CONTINENT ISTORE |KD S TON HIUK ROAM LEH •Mm Accepta, C«p f* RARURURA 24/134 27/8 S/9 19/9 15/9 14/9 Southampton :toM UK Ontoutav Mist art OK* ■PM^B RAG* TV 134 30/8 18/9 11/9 21/1 22/9 Hotter dim ;to Antwerp knMn. o*. Urti KytQ^H IOMO HP 97/115 3/9 12/9 2C/9 22/9
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      Page 50 Advertisements Column 1
      127 50 Every Saturday in Business Times WFr j Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them you need to be kept well informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same
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      11 50 L E RSON ApflN ANotP INVESTMENT Every Saturday in Business Times
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