The Business Times, 2 October 1992

Microfilm: NL18503
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times If IE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Friday, October 2, 1992 75*
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  • NEWS SUMMARY
    • Article
      Ramos wants early introduction of kidnapping law
      74 1 MANILA President Fidel Ramos has told leaders of the Philippine Congress to rush through a proposed law imposing the death penalty for kidnapping for ransom, an aide said here yesterday. "Leaders of Congress sat down with the President and they all agreed that
      74 words
    • Article
      Qatar to sever border pact with Saudi Arabia
      61 1 DOHA Qatar decided yesterday to unilaterally sever a 1965 border agreement with Saudi Arabia in the wake of a bloody clash in a disputed region, the Qatari news agency said. An emergency cabinet meeting chaired by Crown Prince Sheikh Hamad ibn Khalifa
      61 words
    • Article
      Germany goes green
      29 1 FROM 1993, all exports to Germany must have the green dot, which means the products are packed in recyclable materials to reduce packaging waste Page 2
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    • Article
      Shell's $200m plant
      30 1 ANGLO-DUTCH oil giant Shell is investing $200 million in a new plant to step up production of high-octane unleaded petrol at its Pulau Bukom refinery Page 2
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    • Article
      Asia, US need each other
      30 1 ASIA and the US need each other even if America's power is declining, Foreign Minister Wong Kan Seng said in New York yesterday Page 3
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    • Article
      Boosting rice prices
      23 1 UTHAI Pimchaichon, Thailand's new Commerce Minister, is committed to boosting rice prices and maintaining Asean's planned free-trade area Page 9
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    • Article
      Vote against Bush veto
      34 1 THE US House of Representatives has voted overwhelmingly to override President George Bush's veto of the China Trade Bill that denies China the Most Favoured Nation (MFN) status Page 9
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    • Article
      Piracy centre opened
      29 1 THE International Maritime Bureau's regional piracy centre, first mooted in February to combat piracy in the Far East, was officially opened yesterday. Shipping Time Page 1
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  • MARKET SUMMARY
    • Article
      Dow lower
      32 1 WALL STREET prices were lower yesterday morning in response to the latest news on job-market conditions. The Dow Jones was down 15.12 to 3,256.54 in the first hour of trading.
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    • Article
      Footsie higher
      26 1 LONDON share priccs were higher at midday yesterday. At about 12:30 pm (1130 GMT), the FTSE 100-share index was up 20.5 points at 2,573.5.
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    • Article
      Tanjong stock split
      30 1 TAN JONG pic has announced interim net earnings of M 560.44 million (5538.7 million) and proposed a stock split to make its shares more affordable Page 4
      30 words
    • Article
      Hotel Props tours
      30 1 HOTEL Properties Ltd, the listed vehicle of tycoon Ong Beng Seng, is taking on the scheduled airlines by offering outbound tours to Australia and Kenya Page 4
      30 words
    • Article
      Stake in KLSE firms
      29 1 THE Malaysian government, through the Ministry of Finance, controls the biggest portion 34 per cent of the Kuala Lumpur Stock Exchange market capitalisation. Page 6
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    • Article
      Banks meet standards
      25 1 ALL major Japanese banks met international capital adequacy standards as of Sep 30, six months before the March 31 deadline Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 656.12 -0.49 Kuala Lumpur ....598.10 -4.18 Tokyo 17,369.91 -29.17 Hongkong 5,528.84 +23.4 Sydney 1,472.1 -13.0 Wednesday Change New York 3,271.66 +4.86 London 2,553.0 -12.5
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    • Article
      CURRENCIES
      24 1 Exchange rates USS S$ 1.5910 100 Yen S$ 1.3220 MS S$ 0.6367 Money market rates Overnight 1 1/4 unch 3-month 1 1/2 unch
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    • Article
      COMMODITIES
      35 1 London Gold AM fix USS347.60 -USS1.40 Rubber S'pore Nov 143.50*/kg +0.50 M'sia Nov 220.00*/kg unch KL Tin Turnover 22tonnes +20 Spot M$15.70/kg +0.08 Crude palm oil Turnover 765 lots +46 Dec MS871 /tonne +3
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  • Article
    Analysts see 4.5-5pc third-quarter growth
    485 1  -  Economy headed to expand within official forecast for the year By Chuang Peck Ming SINGAPORE The economy grew 4.5 to 5 per cent in the past three months, close to the 4.7 per cent growth of the second quarter, analysts and businessmen estimate. They expect
    485 words
  • Article, Illustration
    Doubts over M'sia's tourism push
    354 1  -  Officials bullish but hoteliers fear targets may be set too high By Salil Tripathi KUALA LUMPUR Questions are being raised by analysts and consultants in Malaysia on whether the country's targets for the tourism industry can be sustained. Malaysian authorities remain bullish, and are preparing
    354 words
  • Article
    Massive write-down staggers Inno-Pac with $20m loss
    272 1  -  By William Chia SINGAPORE Troubled Inno-Pacific Holdings Ltd's interim net losses widened to a staggering $20.29 million from 1.84 million a year ago largely because of a massive write-off on its worldwide Shakey's pizza operations. Its unaudited interim results showed operating losses after
    272 words
  • Article
    Executives got lower increments, higher bonuses this year: survey
    408 1  -  By Anna Teo SINGAPORE Executives received a lower basic salary increment of 6.7 per cent but a higher variable bonus of 1.9 months this year, a survey of 80 companies shows. For next year, employers uncertain about business prospects intend to
    408 words
  • Article
    NTUC goes big in China with taxi and supermart ventures
    439 1  -  From Lee Han Shih in SHANGHAI AN AGREEMENT signed in Beijing will see Singapore's National Trades Union Congress (NTUC) and its huge Chinese counterpart setting up joint-venture businesses in China, starting with supermarkets in Beijing and taxi companies in Shanghai
    439 words
  • Article
    Lock icon Jakarta sets interest rate limit on offshore loans
    164 1 Reuter JAKARTA Indonesia warned its private offshore borrowers that it would not approve commercial loans from foreign banks if the interest rate is over 1.87 percentage points above Libor (London interbank offered rate). "Applications for offshore commercial loans carrying an interest margin
    Reuter  -  164 words
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      287 1 100% COTTON OOCKERS* PANTS BY LEVIS LEVI* BOUTIQUES •02-19 Cantrapoint *01-19 Chinatown Point *02-114 Far Em Plaza *01-24 Forum Tha Shopping Mali *01-16 Lucky Plaza *02 118 Marina Squara *01-41 Parkway Parada *01-09 Shaw Lataora Gallfy *B1 64 W.yna Atria Arcraft Schedule 31 Jkt/Bkk/Chma Stocks 25 Sports 16 Commodities 30
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      Page 1 Advertisements Column 2
      110 1 TONY SHOES TRADING CO., #04-11 Irving Road, Irvine Industrial Building, Singapore T336. Tlx: ***** TONYSO Fax: *****21 Tel: *****57/*****77 Lee points out Shanghai's biggest challenge, Pg 2 Hock Lock Siew Property companies stand out despite weak market, Pg 4 S'pore life insurance agents courting Indori clients for years, Pg 3
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        42 more conservation shops offered for sale
        114 2 FORTY-TWO more shops under the Urban Redevelopment Authority's conservation programme have been put up for sale. Fourteen are at Lorong 3, Geylang, while the rest are in Little India on Serangoon Road. Between 200 and 600 sq m each, the Geylang shops are
        114 words
      • Article, Illustration
        HDB wins international award
        68 2 THE Housing and Development Board has clinched the 1991 World Habitat Award for its contribution to "innovative and successful human settlements" at Tampines New Town. HDB chairman Hsuan Owyang will be at the United Nations headquarters in New York to receive the award from Princess Margaret
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      • Article
        Kan Seng to visit Vietnam
        55 2 FOREIGN MINISTER Wong Kan Seng will visit Vietnam from Oct 19 to 21, according to AFP, reporting a statement from the Vietnamese Foreign Ministry. Mr Wong would be the first Singapore foreign minister to visit the country since Singapore established diplomatic relations with Hanoi in
        55 words
      • Article, Illustration
        Tangs celebrates with donations
        64 2 CK TANG LTD celebrated its 60th anniversary yesterday by donating $60,000 to four community groups. The Chinese Development Assistance Council, Mendaki, Sinda and the Community Chest each received $15,000 from Tang Choon Keng, the 90-year-old company founder. Tang Wee Sung, group MD, fishing out the cheques
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    • Article
      Lock icon Blackout should not have occurred, says Mahathir
      198 2 The big blackout Bernama, Reuter KUALA LUMPUR Prime Minister Mahathir Mohamad said yesterday the disruption in electricity supply in almost the whole of peninsular Malaysia on Tuesday was something that should not have happened. In-depth investigations should be undertaken to determine the cause
      Bernama,; Reuter  -  198 words
    • Article
      Germany to import only 'green dot' products
      440 2  -  New law requires imports to be in recyclable packaging from 1993 By Genevieve Cua SINGAPORE From next year, all exports to Germany must have the green dot. This means the products are packed in recyclable materials, which Germany requires in line with its
      440 words
    • Article
      Senoko fire caused by short circuit in switch
      276 2  -  By Hong Lee Tiam SINGAPORE The Public Utilities Board has traced the cause of the Senoko fire to a short circuit in an insulator switch which ignited cable oil in the switch house. The resulting damage estimated to be about $12 million
      276 words
    • Article
      Shell building another $200m plant in Bukom
      264 2  -  By Lilian Ang SINGAPORE AngloDutch oil giant Shell is investing $200 million in a new plant to step up production of high-octane unleaded petrol at its Pulau Bukom refinery. The company said yesterday that the new plant a catalytic reformer would help it
      264 words
    • Article
      Lee points out Shanghai's biggest challenge
      258 2  -  From Lee Han Shih in SHANGHAI THE GREATEST challenge facing Shanghai in its economic reform is not how much it invests in infrastructure but whether it can put together various development policies and make them work as a harmonious whole, Senior Minister Lee Kuan
      258 words
    • Article, Illustration
      US still needed to play major role in Asia-Pacific
      575 3  -  Region without clear American role would be uncomfortable: Kan Seng By Yang Razali Kassim SINGAPORE Asia and the United States need each other even if America's power was declining. Foreign Minister Wong Kan Seng said in New York yesterday. While the
      575 words
    • Article
      Lock icon Labour votes to reduce unions' influence
      117 3 Reuter BLACKPOOL, England Britain's opposition Labour Party voted yesterday to reduce the influence of the trade unions in its affairs for the first time in decades by cutting their voting power over party policy. Trade union block votes represent 87 per cent of all
      Reuter  -  117 words
    • Article
      Foreign investments in Sri Lanka set to hit record
      345 3  -  By Salil Tripathi SINGAPORE Sri Lankan officials in town as part of Business Week say foreign investment in Sri Lanka this year could be a record and exceed US$5OO million (***** million). Inquiries from Singaporean companies about the three free trade
      345 words
    • Article
      Molex plans to raise S'pore investment by US$40m
      317 3  -  By Helen Chang SINGAPORE Molex Singapore Pte Ltd plans to pump as much as US$4O million (5563.6 million) into its Singapore operations in the next three years, boosting its role as a regional product development centre. "We see Singapore as becoming the
      317 words
    • Article
      S'pore agents courting Indon clients for years
      450 3  -  Crackdown on illegal insurance agents in Jakarta By Soh Tiang Keng SINGAPORE Many Sin-gapore-based life insurance agents have been going to Indonesia for more than 10 years to shop for prospective clients, although insurance firms generally forbid such activity. Industry sources say that
      450 words
    • Article
      Westpac chairman and four other directors resign
      368 3  -  By Shoeb Kagda SINGAPORE Australia's largest bank, Westpac Banking Corp, yesterday announced that its chairman Sir Eric Neal and four other directors have resigned from its board. The resignations came amid intense pressure from shareholders for the board to take responsibility for the
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      Page 2 Advertisements Column 1
      104 2 ELVIS PLACE (DUXTON HILL) TAPS (BOAT QUAY) GENESIS (PARAMOUNT SHOPPING CEN S ill 111 u cacJUtf) When the oHI E Vryj\ FINER LIFE ARE WITHIN YOUR GRASP, u9h IT'S ONLY NATURAL TO REACH 5 <Jm FOR A GLENFIDDICH. AND NOW WHEN YOU REACH FOR THE WORLD'S MOST POPULAR 2 oH
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      Page 2 Advertisements Column 2
      564 2 H Allied Irish Banks pic (Incorporated in the Republic of Ireland with Limited Liability) Exchange Rate; IR£l U551.6163 as at 31st March, 1992. Consolidated Balance Sheet Consolidated Profit Loss 31st March, 1992 Account for year ended 31st March, 1992 1992 1991 1992 1991 IR£m IR£m lߣm IR£m Group operating profit
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      Page 3 Advertisements Column 1
      30 3 Business class like you never dreamed. you can relax in our class sleeper seat. Available in SASEuroClass. Call SAS on 294-1611. Scandinavian Airlines. The expressway to Europe. SAS SCANDINAVIAN AIRLINES
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        SIA to get shareholder approval on bonus issue
        57 4 SINGAPORE Singapore Airlines will seek shareholders' approval for its proposed one-for-one bonus issue at an extraordinary general meeting on Oct 16. Once approval is secured, the airline will close the transfer books and the register of members on Jan 19 and Jan
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      • Article
        Heshe buys 2 Thomas Wee brands
        121 4 SINGAPORE Heshe Holdings Ltd has paid $122,915 for the goodwill, stocks and assets of two brands belonging to local designer Thomas Wee. The purchase of the Atelier and Divine brands was done through Heshe's 100 per cent owned company, Thomas Wee Creation Pte Ltd.
        121 words
      • Article
        Sime UEP expects tougher fight
        84 4 KUALA LUMPUR Sime UEP Properties Bhd said increased competition and higher mortgage rates will make it difficult to maintain the high sales rates of the past few years. Chairman Syed Nahar Shahabuddin said in the company's 1992 annual report that the property market is in
        84 words
      • Article
        Bedford acquires two companies
        69 4 KUALA LUMPUR Bedford Bhd told the Kuala Lumpur Stock Exchange yesterday that it has acquired Noble Image Sdn Bhd and BLV Fashions Sdn Bhd. Noble image is mainly involved in the fashion business while BLV Fashions is a dormant company. The acquisitions are not expected to
        69 words
    • Article
      KIE, Mitsui win $50m PSA crane building contract
      224 4 SINGAPORE Listed Keppel Integrated Engineering Ltd (KIE) and a Japanese partner have clinched a $50 million contract to build 26 cranes for the Port of Singapore Authority (PSA). The contract, won by KIE and Mitsui Engineering Shipbuilding Co Ltd (MES), covers the
      224 words
    • Article, Illustration
      Hotel Props offering tours to Australia and Kenya
      350 4  -  Move will not affect scheduled airlines, says firm By Conrad Raj SINGAPORE Hotel Properties Ltd, the listed vehicle of tycoon Ong Beng Seng, is taking on the scheduled airlines by offering outbound tours to Australia and Kenya. The company, which owns the
      350 words
    • Article, Illustration
      Tanjong posts M$60.4m interim profit, proposes stock split
      505 4  -  By Sylvia Wong SINGAPORE Tanjong pic has announced interim net earnings of M 560.44 million (5538.68 million) for the period ended July 31 and has proposed a stock split to make its shares more affordable. The former tin-mining company, reporting robust interim
      505 words
    • Article
      NatSteel Electronics lays off 50 workers
      305 4  -  By Joseph Rajendran SINGAPORE Nat Steel Electronics, a division of publicly-listed Nat Steel Ltd, retrenched 50 workers, or 10 per cent of its workforce, yesterday to help it get back in the black. The move comes at a time as the electronics industry worldwide
      305 words
    • Article
      Jaya Hldgs aborts Middle East venture
      328 4  -  By Dexter Lee SINGAPORE Sesdaqlisted Jaya Holdings Ltd has called off a planned freight forwarding and cargo transportation venture with Iranian businessmen, but this does not spell the end of its Middle East operations, the company told BT yesterday. In a terse statement issued
      328 words
    • Article
      Shangri-La using fund-raising proceeds for renovations, repaying bank loans
      223 4 SINGAPORE Shangri-La Hotel Ltd will use the proceeds of its $122 million bond-cum-warrant issue to help finance the renovation of its flagship Shangri-La Hotel and to repay bank borrowings, it said yesterday. The group will need about $51 million to pay
      223 words
    • Article
      Property companies stand out despite weak market
      562 4  -  THE HOCK LOCK SIEW COLUMN By Lilian Ang SINGAPORE Listed companies of the property sector, which has been sending signals of a slowing pulse, turned in a few pleasant surprises when they released half-time results last month. Of the 13 listed groups, nine
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    • COMPANY BRIEFS
      • Article
        Former officials of Taiwan Power Co jailed
        70 6 TAIPEI A Taipei court has jailed four former executives of state-owned Taiwan Power Company for their involvement in a multi-million-dollar coal import scandal, a court spokeswoman said yesterday. The executives, including retired chairman Chen Lan-kao and a former president of the utility, bought
        70 words
      • Article
        Taiwan tycoon released on bail
        107 6 TAIPEI Taiwanese business tycoon Oung Ta-ming was released on bail of NT$6 million (***** million) yesterday after being detained for three weeks in connection with one of the island's biggest stock scandals. The Taipei District Court granted bail to Oung, 42, head of the Hualon
        107 words
      • Article
        HK watchdog seeks more power
        77 6 HONGKONG The Securities and Futures Commission (SFC), Hongkong's securities regulator, is seeking beefed-up powers for itself and the Hongkong Stock Exchange to punish corporate offenders who mislead or misrepresent investors, according to the South China Morning Post. In a speech on Wednesday, SFC deputy chairman
        77 words
      • Article
        Daikyo plans cost-cutting moves
        108 6 TOKYO Condominium builder Daikyo Inc plans to lay off 500 workers over the next four years to cut costs and reduce its 1.15-trillion-yen (S$ 15.2 billion) debt by 200 billion yen by March 31, 1993, a company spokesman said yesterday. Daikyo had 2,622 workers at end-March
        108 words
    • Article
      Lock icon Govt has biggest share of KLSE market cap
      358 6 Bernama KUALA LUMPUR llie Malaysian government, through the Ministry of Finance, controls the biggest portion of the Kuala Lumpur Stock Exchange (KLSE) market capitalisation at 34 per cent. TA Securities Sdn Bhd, in its September analysis of shareholdings, said the government's portion
      Bernama  -  358 words
    • Article
      Share sale dispute puts Indonesia's regulators to the test
      316 6  -  From Maggie Ford in JAKARTA THE DISPUTE over the sale of shares in listed Indonesian company PT Hotel Prapatan has exposed the inadequacy of powers given to the regulatory authorities, according to Hasan Zein, chairman of the Jakarta Stock Exchange. PT
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    • Article, Illustration
      Lock icon Compaq starts PC price war in Japan
      493 6 AFP TOKYO Compaq Computer Corp of the US spread its price war into Japan's personal computer market yesterday by introducing its low-end models at half the prices of its rival products here. But Japan's NEC Corp, which holds more than 50 per cent
      AFP  -  493 words
    • Article
      Lock icon Sri Hartamas sees quick gains from land sale
      223 6 Bernama KUALA LUMPUR Sri Hartamas Corporation Bhd yesterday said the proposed sale of a 5.66-hectare plot of vacant land here for Msl4 million (SSB.9 million) cash would realise immediate profits for the group. In the company's latest annual report, acting chairman Chong
      Bernama  -  223 words
    • Article
      Lock icon HK's Chia Tai to buy 25pc of TelecomAsia
      205 6 Reuter HONGKONG Chia Tai International (Hongkong) Ltd has agreed to buy a 25 per cent stake in Telecom Asia Corp Ltd of Thailand for HKS4.3 billion (SSBBS million) from Chia Tai's major shareholders. The payment will be satisfied by issuing around 1.59
      Reuter  -  205 words
    • Article
      Lock icon Consortium to launch pocket phone-cum-PC
      324 7 FT LONDON An international consortium including AT&T, the US telecommunications group, and Matsushita of Japan, the world's leading consumer electronics company, is poised to win the race to launch the world's first "personal communicator" a combined pocket telephone and personal computer. The consortium, which includes
      FT  -  324 words
    • Article
      Lock icon Du Pont, ICI reach compromise deal over assets swap
      318 7 FT BRUSSELS The European Commission on Wednesday approved the planned swap of chemical assets by Du Pont of the US and Imperial Chemical Industries of the UK, but imposed strict and detailed conditions on the deal. The compromise was put together
      FT  -  318 words
    • COMPANY BRIEFS
      • Article
        ITT to take US$582m charge for third quarter
        79 7 NEW YORK ITT Corp has said it will take a charge of US$5B2 million (SS93I million), or US$4.4l a share, in the third quarter. In addition, the company said on Wednesday that it would invest US$6BO million in the ITT Hardford Insurance
        79 words
      • Article
        Warburg after Trafalgar House
        69 7 LONDON Brokerage SG Warburg Securities made a dawn raid on shipping, property and building conglomerate Trafalgar House pic yesterday trying to acquire 14.9 per cent of the company at 85p a share, dealers said. Warburg confirmed it was involved in a market operation in Trafalgar. Dealers
        69 words
      • Article
        More cost cuts by KLM: paper
        66 7 AMSTERDAM KLM Royal Dutch Airlines is planning to cut costs more steeply than originally planned because of the continuing weakness of the air traffic market, says Dutch daily Het Financiele Dagblad. A KLM spokesman could not immediately confirm the report. The paper said yesterday
        66 words
      • Article
        Pennzoil to swap Chevron stake
        64 7 DALLAS Pennzoil Co said on Wednesday that it has agreed to swap nearly half of its stake in Chevron Corp for oil and gas reserves valued at US$l.l billion (S$ 1.8 billion). The deal, subject to federal government reviews, would provide Pennzoil with access to
        64 words
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      375 4 1 IN THE MARKET PAGES Fifth straight fall for Nikkei.. 26 S'pore investors awaiting 20 BUSINESS TIMES Toll free Tel No: 737 0Q43 Fax No; 734 3698 I Sime Singapore Limited I NOTICE OF ANNUAL GENERAL MEETING All shareholders are cordially invited to attend the Annual General Meeting of the
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      117 5 X Ebel Welcomes Agassi. €B€L Frankfurt, November 1990. They came for this match and I did not want to dis- v appoint them. I won the first final of >/.s&*% the ATP Tour... and the confidence of millions. But Ebel won my confidence. 4 ijjj^Practical, elegant, and lots of character.
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      143 6 The new German way to fly: more comfort to shorten your long journey. Lufthansa. SHU In It|BL P L M Nothing takes the strain out of long-distance flying like travelling in complete comfort. Firstly, the comfort of knowing you have a choice of 9 weekly non-stop flights to Frankfurt. Next,
      143 words
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      297 7 The Tourbillon Watch in 18 Karat Gold This is the unique Tourbillon watch certified by the Swiss Official Chronometer Testing Authority (C.0.5.C.l The production of this chronometer is an unprecedented technical feat FOR a WRISTWATCH OF THIS KIND. It is confirmation of our devotion to the beauty and fine workmanship
      297 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Maybank sees M'sian rates dipping next year
        78 8 KUALA LUMPUR Interest rates in Malaysia should be stable during the rest of this year and move downwards in 1993, Malayan Banking, the country's largest commercial bank, said yesterday. The Malaysian central bank was unlikely to further tighten monetary policy because loans had
        78 words
      • Article
        Taiwan may lower rates soon
        75 8 TAIPEI Taiwan's Central Bank of China is considering lowering local interest rates soon to stimulate investment and economic growth, the Chinese-language Commercial Times reported yesterday. The central bank would first increase liquidity into the banking system via open market operations to lower short-term interest rates,
        75 words
      • Article
        HK sugar contract suspended
        81 8 HONGKONG The Hongkong Futures Exchange has suspended trading in its sugar contract, effective yesterday. No new contract month would be listed for trading following Wednesday's expiration of the Oct '92 contract, and no more open trades would be accepted for other months currently listed, it said.
        81 words
      • Article
        Jardines opens China office
        98 8 HONGKONG Hongkong merchant bank Jardine Fleming Holdings Ltd has opened its first China office in Shanghai to monitor a growing range of industrial, real estate and equity investments in China, director Liu Chee Ming said yesterday. Jardine Fleming has been investing actively in China since 1987,
        98 words
      • Article
        Suez sees lower interim profits
        80 8 PARIS Suez, one of France's most powerful financial and industrial groups, has warned that first-half profits would fall below expectations this year because of the impact of the fragile French property market on Indosuez and La Henin, its main banking subsidiaries. It announced on Wednesday
        80 words
    • Article
      Lock icon Major Japanese banks meet capital requirements
      583 8 Boost from yen's rise and recovery in share prices Reuter TOKYO All major Japanese banks met international capital adequacy standards as of Sep 30, six months before the March 31 deadline, banking sources and analysts said yesterday. They said the banks would continue their
      Reuter  -  583 words
    • Article
      DBS sees 3-month inter-bank rate firming up
      293 8 SINGAPORE The threemonth interbank rate is likely to firm to 1.75-2.25 per cent in the final three months of the year, up from a low of 1.68 per cent in early September, DBS Bank has forecast in its latest Investment Digest. The Singapore
      293 words
    • Article
      Citibank India may sue Mehta for scam allegations
      339 8  -  By Shoeb Kagda SINGAPORE Citibank India, which has flatly denied any involvement in the country's biggest stock market scam, yesterday said it is looking to sue stockbroker Harshad Mehta for allegations made against the bank. In an interview with Hindustan Times, chief
      339 words
    • Article
      OUB applies to upgrade Aussie unit into branch office
      407 8  -  From Florence Chong in SYDNEY THE AUSTRALIAN merchant bank of the Overseas Union Bank has become the first merchant bank to apply for a branch licence. The application was formally submitted early this week to the Reserve Bank of Australia and
      407 words
    • Article
      Lock icon Constitutional fears send Canadian prime rates surging
      441 8 NYT TORONTO Canada's leading banks, reacting to volatility in financial markets caused by fears that voters would turn down a constitutional referendum this month, have announced the biggest single recorded jump in interest rates since the Depression. The six banks, led by the
      NYT  -  441 words
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      Page 8 Advertisements Column 1
      346 8 Financial Services: The Competitive Battleground. You're a banker and the finance houses are offering cheques. You're in insurance and the banks are covering your customers. You're a financial advisor and clients are getting their information direct. And all in all, margins are being squeezed dry. Financial services has become one
      346 words
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      Page 8 Advertisements Column 2
      165 8 IFQT Q United World Training VJIULJ I Development Corporation CONSULTING PRESENTS October 19-20.1992 KL Hilton. Kuala Lumpur October 22 23.1992 Hyatt Regency. Singapore October 26 27.1992 Borobudur Continental Hotel. Jakarta R. RICK SHANNON NEGOTIATION INSTITUTE. NEW YORK Rick is a Corporate Advisor of Negotiation Institute, New York, President of International
      165 words
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  • THE REGION/THE WORLD
    • Article
      Lock icon Bangkok committed to meeting terms of Afta
      349 9 New Commerce Minister says he wants to boost rice prices Knight-Ridder BANGKOK Uthai Pimchaichon, Thailand's new Commerce Minister, has said he is committed to boosting rice prices and maintaining Asean's planned free-trade area. In his first interview since assuming his post on Tuesday,
      Knight-Ridder  -  349 words
    • Article, Illustration
      Lock icon Action vowed over princess' death threats
      365 9 Interior Minister promises to get tough AFP BANGKOK Following revelations that a daughter of Thailand's revered king has received death threats, the country's new Interior Minister has promised to get tough with anyone threatening public figures. Gen Chaovalit Yongchaiyudh, a former armed forces chief
      AFP  -  365 words
    • Article
      Lock icon Slow start to Russia's big privatisation plan
      416 9 Reuter MOSCOW Russia's ambitious privatisation programme got off to a slow start in Moscow yesterday, with few signs of popular enthusiasm and some confusion. Early visits to several savings banks, where the distribution of vouchers to Russia's 150 million people was to begin,
      Reuter  -  416 words
    • Article, Illustration
      Lock icon Bush may gain from Perot's re-entry: Clinton
      432 9 Reuter WASHINGTON Democrat Bill Clinton has said the entrance of Texas billionaire Ross Perot into the US presidential race may tip the balance in favour of President George Bush. "He (Perot) could give the election to Bush if those who want change are
      Reuter  -  432 words
    • Article
      Lock icon Roots of Bush, Clinton traced to 'fools village'
      164 9 AFP LONDON The ancestors of both US President George Bush and his Democrat rival, Bill Clinton, could have come from the central English village of Gotham, a place renowned in folklore for the stupidity of its inhabitants, it was alleged here on
      AFP  -  164 words
    • Article
      US House votes to override Bush veto on China Bill
      301 9  -  From Neel Patri in Washington THE US House of Representatives has voted overwhelmingly to override President George Bush's veto of the China Trade Bill that denies China the Most Favoured Nation (MFN) status. But analysts said the Senate was unlikely
      301 words
    • Article
      Lock icon Indonesia aiming to match developed countries: Suharto
      260 9 Reuter JAKARTA Indonesia is determined to bring its economy level with rich nations. President Suharto said yesterday at the opening of a new five-year term of Parliament. "We are firmly resolved to catch up with other more advanced nations, we are determined to
      Reuter  -  260 words
    • WORLD WATCH
      • Article
        Pretoria surcharges under fire at Gatt talks
        83 9 GENEVA The US and other countries objected on Wednesday to surcharges of up to 60 per cent that South Africa imposes on imports, trade sources said. At a meeting of the ruling council of Gatt (General Agreement on Tarrifs and Trade), the US
        83 words
      • Article, Illustration
        Goodbye, GI Joe
        44 9 SUBIC NAVAL BASE, The Philippines A worker removing a sign outside a building here after the US handed over the facility to the Philippine government on Wednesday, signalling the end of 94 years of American military presence in its former colony.
        44 words
      • Article
        Vietnam approves new Cabinet
        83 9 HANOI The Vietnamese National Assembly approved a new Cabinet yesterday, replacing the ministers of energy and health and creating a ministry to give new emphasis to technical training. Assembly deputies also streamlined other ministries in a bid to cut bureaucracy and make the government more efficient.
        83 words
      • Article
        E Germans want Berlin Wall back
        80 9 BONN A quarter of east Germans want the Berlin Wall back, according to an opinion poll released on Wednesday. "Two years after German unity every fourth East German wants a return to the days of 'when the Wall still stood'," Saarland Radio said, quoting
        80 words
      • Article
        Japanese set terms for support
        69 9 KUALA LUMPUR Japan's private sector will back the Malaysia-proposed East Asian Economic Caucus (EAEC) if the Asia-only trade grouping does not erect trade barriers, a senior Japanese business leader said yesterday. Rokuro Ishikawa, chairman of the Japan and Tokyo Chambers of Commerce and Industry, said:
        69 words
    • Article
      Lock icon Indian companies preparing for economic upturn
      400 9 Reuter BOMBAY Indian companies are gearing up for higher production in anticipation of an upturn in the economy. The Reserve Bank of India (RBI), the country's central bank, estimated in a report this week that the total capital expenditure by Indian companies in 1992/93
      Reuter  -  400 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      90 9 Under instructions from The Board of Commissioners of Currency. Singapore, a Public Auction of Uncirculated Ship series Two Dollars including commemorative uncut sheets and Fifty Dollars notes with special serial numbers in collectible sets will be conducted on:Date Sunday, 4th October 1992 Venue World Trade Centre, Expo Hall 7 Singapore
      90 words
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      Page 9 Advertisements Column 2
      4 9 Bitter medicine, Pg 14
      4 words
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      Page 9 Advertisements Column 3
      47 9 EXCEPTIONAL! 4 High Performing Sydney CBD Investments For Sale Priced from only A 55.71 million Excellent rental growth Single, quality tenants B I.R.R. assessed 20% plus B INVESTOR WHOWAOTS Q 5888 EYERWINC |i Jim Williams, Singapore 65 220 3888 45th 46th Floor, 50 Raffles Place, Singapore 0104
      47 words
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  • Article
    Building new causeways
    465 10 EDITORIAL ONE, a Singapore minister, speaks in New York of a possible North-South rift. The other, a Malaysian minister, speaks in Singapore on the next generation of Malaysians and Singaporeans. What could possibly link the two topics? As it turns out, something likely to become increasingly significant
    465 words
  • WHAT THE OTHERS SAY
    • Article
      Cutting red tape in China
      240 10 NOW that the easier gains from agricultural reform and investments by overseas Chinese have been made, there is a need for China to search for ways to sustain reform efforts in the decades to follow. This was one of the main points advanced by Mr
      240 words
    • Article
      ASM needs to explain
      131 10 MENDAKI Trust Fund (ASM) shareholders will not get their dividends this year because the profit for the last financial year is too small. Some shareholders might be disappointed with the decision because many were looking forward to some kind of dividend. It must be stressed that
      131 words
    • Article
      Prepared for any crisis
      132 10 ON TUESDAY, one-third of Singapore was hit by a power failure. Fortunately, the authorities' quick response and proper handling of the crisis as well the civic consciousness exhibited by the public minimised panic and confusion. If Singaporeans had not participated in civil defence exercises during normal
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Egocentric Europeans
      194 10 THE TURBULENCE in the foreign exchange markets in Europe triggered by uncertainties over the ratification of the Maastricht Treaty for European union has spread to the rest of the world, and the value of the yen has been setting new record highs against the US dollar day after
      194 words
    • Article
      Suharto's mission in Japan
      159 10 MEETINGS with Japanese leaders on Monday and Tuesday were indeed most appropriate items for President Suharto's itinerary in the wake of his Address at the United Nations General Assembly in his capacity as the new chairman of the NonAligned Movement (NAM). Mr Suharto is determined to
      159 words
    • Article
      Small steps for Hongkong
      167 10 TWELVE YEARS AGO, when the district board system was introduced, it was seen as a great step forward on the road to representative government. By giving the public a say in electing some of their own representatives, the success of district board polls paved the way
      167 words
  • Article, Illustration
    Making friends and influencing people
    855 10  -  At a defence seminar in New Delhi this week, India proposed conducting naval exercises with Asean countries next year. This scotches suspicions over the Indian Navy's intentions. Harish Mehta reports Harish Mehta INDIA'S proposal to invite the navies of Indonesia, Malaysia, Thailand and Singapore for
    855 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      281 10 SALE OF CONSERVATION SHOPHOUSES IN LITTLE INDIA AND GEYLANG CONSERVATION AREAS The URA is offering for sale on a 99-year lease by public tender a total of 42 vacant shophouses in Little India and Geylang Conservation Areas. 28 of the vacant shophouses are situated at Serangoon Road/Buffalo Road in Little
      281 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      29 10 DOONESBURY GARRY TRUDEAU 1 Bo BermmowH/sENeMt I tWCPVUSANALLN&mR. AMV6HT! UAijr^, KTY, THAT MAS APICTURB' QAMN.. HAVB YOU VTHBSUM€ftUmWCHOCmG ALONGPAGB... PANNY a PICKED The I RE6PDNPOUHPSA TmiAGJXJT r GRAPH... POOKAfWT
      29 words
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  • ANALYSIS
    • Article
      Lock icon Hey, how about giving the Bundesbank its due?
      984 11  -  Nicolas Krul feels the Bundesbank has been unjustly termed a villain over the interest rate cut it conceded last month Nicolas Krul The writer is an independent adviser to international investment institutions IHT THE BUNDESBANK can lay no claim to innocence for
      IHT  -  984 words
    • Article, Illustration
      Behold a torrent of Korean chips
      1140 11  -  The huge South Korean semiconductor industry is aiming to further expand its global market share. Florence Chong reports Florence Chong The writer is BT's Sydney Correspondent SOUTH KOREA is poised to substantially increase production of 16-mega DRAM chips early next year when three manufacturers
      1,140 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      87 11 FOR SUCCESSFUL MANAGEMENT OF YOUREBUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
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      Page 11 Advertisements Column 2
      180 11 FOR SALE BY TENDER MUST BE SOLD TSMV 'SILVERGULL' OUTSTANDING LUXURY CHARTER CRUISER. This high quality built vessel of 75' LOA was completed in 1986. GRP construction in current Old 1B survey. Main motors are twin 585 hp MAN diesels (only 2200 hours) providing 15 knots. 2700 litres per day
      180 words
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      Page 11 Advertisements Column 3
      193 11 SinGAPORE AIRLinES LimiTED (Incorporated in the Republic of Singapore) ANNOUNCEMENT BONUS ISSUE OF 641,273,111 NEW ORDINARY SHARES OF $1.00 EACH ("BONUS SHARES") IN THE CAPITAL OF SINGAPORE AIRLINES LIMITED (THE "COMPANY") ON THE BASIS OF ONE(1) BONUS SHARE FOR EVERY ONE(1) EXISTING ORDINARY SHARE OF $1.00 HELD BY SHAREHOLDERS OF
      193 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      123 12 VCfe ve spent US$675 million so you can read Wc believe you will welcome the arrival of our nine new Airbuses, (The increased leg room also means you'll be able to stretch your legs the latest A3OO-600R series, with open arms. without having to get up to stretch your legs.)
      123 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      104 13 this headline with your arms wide open. But we think you'll see the wisdom of our investment once you have On any of these flights we wouldn't be at all surprised if you were enjoyed the outstanding comfort of an Airbus flight between Singapore and reminded of the adage, the
      104 words
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  • FOCUS
    • Article, Illustration
      Lock icon Bitter medicine
      704 14 Many economists hail presidential hopeful Ross Perot's deficit elimination plan but fear it could actually tip the already weak economy back into recession Reuter THE right idea at the wrong time. That's how many economists describe Texas tycoon Ross Perot's plan to do away with America's yawning budget
      Reuter  -  704 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      156 14 A IF m fl W M I I W II mm 1 I v ■!P n I Hi X^H 5 M g jh m ITS W> MINEW 11% A I J PEUG EO J The top-of-the-range Peugeot 605 renders beautiful all that Is J^^Hl functional and functional all JsSsk IB
      156 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      184 15 BB^^B 1 '.-jg? r*-M ■I v IBQ^L,*.^'t"- I^H i B^ l F*- Bwr^^* i£ iiiiiiliifMiafc fp fcSfe Ijfl* <jl£ v n v' r &*J&z* r B fe&b- 1 BLs JmM I If' TEST TRAVELLERS WANTED FOR NEW FINNISH MD-11 PROGRAMME. MUST BE HIGH FLIERS. Test fly Finnair's new MD-11 from
      184 words
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  • SPORTS
    • SIDE LINES
      • Article
        S African rugby team to play in Fiji
        94 16 jSUVA Fijian rugby union officials said yesterday that visas i have been granted to a South African development team for a two-match tour of the South Pacific island. Fiji Rugby Union executive secretary Tevita Ratuva said that the development ilquad with members
        94 words
      • Article
        Korda breezes past Cherkasov
        92 16 BASEL Top-seeded Petr Korda of Czechoslovakia (breezed past Russia's Andrei Cherkasov 6-2, 6-2 in the first J round of the U*****,000 (S$ 1.23 million) Swiss Indoors »tennis tournament on Wednesday. Korda, the world's No 7, *Msned at ease in defeating his opponent in 61 minutes. He
        92 words
      • Article
        Stunning victory for Furlan
        56 16 •jMLERMO, Sicily Italy's Renzo Furlan stunned topladed Spaniard Carlos Costa in straight sets on Wednesday W)t and qualified for the quarter-finals of the U*****,000 flfernazionali di Sicilia clay tournament. The 22-year-old jffifian, ranked 58th on the ATP computer list, took nearly hours to defeat Costa 7-5,
        56 words
      • Article
        Three qualify for Virginia Slims
        63 16 liW YORK Monica Seles, who won the Australian, nch and US Opens this year, has qualified for the ginia Slims Championships along with Wimbledon winSteffi Graf and Olympic gold medalist Jennifer CapriaThe top 16 singles players and the top eight doubles teams, based on year-long
        63 words
    • Article, Illustration
      Lock icon Countdown to showdown
      696 16  -  Tonight's match between Agassi and McEnroe promises the best of tennis' grace, power and experience, says Nirmal Ghosh Nirmal Ghosh SINGAPORE Number 6ranked Wimbledon champion Andre Agassi has definite star quality, you can tell by the way photographers form a scrum in front of him as he
      Pictures by Jerry Seh  -  696 words
    • Article
      Lock icon Spassky wins third game with aggressive play
      666 16 NYT NEW YORK Boris Spassky got the type of attacking position he loves and steamrollered Bobby Fischer on Wednesday in Game 12 of their exhibition match in Belgrade. This was only Spassky's third victory against Fischer's five, but the way he accomplished it
      NYT  -  666 words
    • Article
      Lock icon Southern Open could shake up PGA's money list
      124 16 AP PINE MOUNTAIN. Georgia For those golfers precariously near the No. 125 spot on the PGA's money list, this week's Southern Open is important. Only the top 125 moneywinners will retain their cards next season, enabling them to enter any tournament they
      AP  -  124 words
  • Page 16 Advertisements
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  • LIFESTYLE 1
    • Article, Illustration
      Lock icon Married and mellower
      1071 17  -  Ted Kennedy's recent marriage is a far cry from his involvement in his nephew's rape trial and further still from Chappaquiddick, Fox Butterfield reports Fox Butterfield NYT ALL the cooks went to see for themselves. There was Rose Kennedy's cook, an old family retainer, and Ethel Kennedy's
      NYT  -  1,071 words
    • Article, Illustration
      Lock icon Reviving a field of dreams
      1039 19  -  The Woodstock festival, once a legacy of noise, garbage and skinny-dippers for the local populace, is now seen as a gold mine. Linda Richardson reports on how town and county leaders are fighting to cash in on its 25th anniversary in 1994 Linda Richardson NYT
      NYT  -  1,039 words
    • Article, Illustration
      Lock icon Cagney fans hand over their dough
      249 19 Reuter FANS of Hollywood legend Jimmy Cagney coughed up their dough on Wednesday for bits and pieces of the archetypal tough guy's life from handkerchiefs to his first pair of tap-dancing shoes. Items sold at a New York auction of Cagney's possessions included a
      Reuter  -  249 words
    • Article, Illustration
      Royal gems stolen in £6m London theft
      616 19 CHATTERBOX. JEWELLERY worth up to £6 million (S$ 15.9 million), including famous pieces once owned by the Duchess of Windsor, have been stolen from a private collector, Britain's The Independent newspaper said yesterday. The gems were taken from the home of a member
      616 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      101 17 BU S I N E S S TIMES Toll fr— T1 No 737 OQ*3 Fmx No: 734 3606 1 Wanted for U.S. owned petrochemical equipment HHHIHiI engineering/manufacturing firm established in Singapore since 1975. raDriCdllOn Applicants must be experienced Dlaml In steel/alloy fabrication I mill techniques including pressure vessels, heat exchangers
      101 words
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      Page 17 Advertisements Column 2
      538 17 deep centre gravity > metalwoods. sweet spot for improved ball mediately began winning with them. 1 —J V W V I and stability in direction. Taylor Made M ■i j 111 I 1 L woods continue to rank number lon mJ■■ I J I 111 TAYLOR MADE ICW 11 IRONS
      538 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      902 18 M Nothing Beats A Bud. fcffinfll where to wine, dine Our Tim Sum promises lo leave a foreign taste in your mouth. Sink your teeth into authentic Tim Sum without flying to Hong Kong. You see, that's where our Seafood Theatre chefs hail from. They'll tempi you with exquisite delicacies
      902 words
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      Page 18 Advertisements Column 2
      346 18 fpH The Great ©I Sri Lankan Treat. ifbmminby m&ankaV The Sri Lankan Food Promotion and Bwinea Week I i 28 Sept 3 Oct Lunch t Recaption Hall 12noon 2.30pm sth Floor, Dinner South Wing 6.30pm 10.30pm For reservation*, please call *****11 ext 721. htfctnfc«rfa»mv yhJßanka $trx* Ml Orchard Road Sm«aporr
      346 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      681 18 TELEVISION AMP RADIO T rvr;i vi rt TY OTYI J SBCI2 sbc* iSo business ON RADIO 111 V 111C11 lwl V 725 pa Qpcning followed by Ja 5.55 by Ut- }J5 BBC, 88.9 mHz in VHF Band II pan Business Today. 5* T l4 11.00 Golden Classics. 7.05 am, 1.30pm,
      681 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      201 19 AND ENTERTAIN The Ocean's Catch Our Seafood Buffet on Fridays are "fishy" affairs. Drop by for the freshest catch from the ocean Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00+ u ANA HOTEL For reservations, please call ciMrADADi: 732-1222 extension 1700 SINGAPUKt m\ rx
      201 words
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      Page 19 Advertisements Column 2
      99 19 Club v I Barbecue Buffet liKrl Eat as much as you can flu f ti. NSgJ every Friday Saturday Mi ml IT at the Poolside Tee-Off Cafe Iffl Wi jSj between to 10.00pm (T HI J Adult $13.50 child $7.50 pU For reservations. please c iill Tot-Off Cafe JIpU I
      99 words
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      Page 19 Advertisements Column 3
      46 19 WL mm; m Mr. Sm Wing Wliya |B»i I Chwt Engines otHBSIHI f f FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. f f Mr. MTIIH* Low V/ Equipfnen: Systems Engineer THE BEST \AU'E. CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828
      46 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Volume falls as investors wait for fresh incentives
      4003 20  -  By William Chia TRADING was sluggish in Singapore yesterday as most investors waited for clearer signs from overseas markets. Tokyo declined for the fifth consecutive day yesterday, ignoring a small gain on Wall Street, and this depressed sentiment on the local bourse.
      4,003 words
    • Article, Illustration
      Lock icon HOT STOCK
      85 20  -  -By Quak Hiang Whai DBS BANK Foreign traded within the $12-$l4 band for almost two years before it broke the $12 support in August. After falling near a solid base at $10.60, it now looks ready to test $12 again. M eekly RSI is at the lower end.
      SOURCE: BRIDGE INFO  -  85 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      50 20 SINGAfOti: THE HOUR GLASS luckv Pla/a Tel *****20/1 Stolh IH *****27/7198 Centrepo.nl Tel *****98/603 Peninsula Pt a/a Tel *****09/*****61 Palais Renaissance Tel *****62/54 J Rattles Tel *****41 World Trade Centre Success chronograph Automatic Tel *****07 Changi Vrpon Terminal 1 (East West Wings) TH *****69*) Terminal 2 (South Wing) Tel *****81
      50 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3290 21 Roth Inds 50« 555 +20 +3 7% Inchcape 570 +15 +2.7% UOB Foreign 680 +15 +2.3% BAT 2I« 590 +10 +1.7% C&C 600 +10 fl.7% GE Life 1120 +10 +0.9% OCBC Foreign 1150 +10 +0.9% SIA Foreign 1450 +10 0.7% SPH Foreign 1250 +10 +0.8%
    3,290 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      33 21 C^^ VEST IN DELANEAU AT ROY eastern watch and receive higher interest. ROY EASTERN WATCH PTE LTD. #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, DELUXE EASTERN WATCH PTE LTD #01-18/20 CENTREPOINT.
      33 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3469 22 YTL Corpn 50* 179 +9 +5.3% Magnum C orp 50* 510 +5 +-10% Berjava Leisure 159 +3 +1.9% Golden Hope Rts 21 +3 +16.7% MMC 10* 125 +3 +2.5% Paramount 89 +3 +3.5% Sateras Res 57 +3 +5.6% Berjaya Ind 62 2Vi +4.2% Dunlop Est
    3,469 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      295 22 B_UnjESSTIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 APJ PRODUCTS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of Members of the Company held at 89. Short Street. *02-24. Golden Wall Centre. Singapore 0718 on 2
      295 words
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      Page 22 Advertisements Column 2
      269 22 IN SINGAPORE CONTENTS OF A GARMENT MANUFACTURING PLANT. 7Q f v Not. Industrial sewing machines of various models. JUKI (39) DDL-555-4, (3) MH-38, (2) MO-357, PEGASUS (6) 561-02AB, (18) L 32-38, (3) E52-212, BROTHER (1) LT2- 8842-3, SEIKO (1) LSW27BLK. BROTHER (2) LH4-8815-21, (1) CB-917-1, JUKI (2) MB-372, KANSAI (1)
      269 words
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      Page 22 Advertisements Column 3
      85 22 UNITED OVERSEAS FINANCE LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that certificate numbered *****27-4 covering 1,000 shares in the name of Goh Hock Chow has been reported lost. Notice is also hereby given that the original certificate will be deemed duly cancelled and
      85 words
    • Advertisement
      Page 22 Advertisements Column 4
      87 22 EU YAN SANG HOLDINGS LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATE Share certificate no *****9 for 12.000 shares in the name of Mr Kirpal Singh has been reported lost, mislaid or destroyed NOTICE IS HEREBY GIVEN that a new certificate win be issued and the above original certificate wiH be
      87 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index sheds 4.18 pts on profit-taking
      5390 23 Losses in index-linked counters drag market below 600 level Bernama SHARE PRICKS in the Kuala Lumpur stock market ended lower yesterday in thin trading as profit-takers continued to dominate activity while losses in index-linked counters pulled the market down. The KLSE Composite Index eased
      Bernama  -  5,390 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      166 24 Company Date Year Group Net Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) (UsOJ Hussain Sep 24 May 92 M$41.098($42.037) 24 4(33) 5(5) MCB Sep 15 Mar 92 M$49/(M$2.411) 3(3) 2 5(2 5) M Plantations Sep 15 Mai 92 M$3.118lg(M$3.598) —(0 2) 1(1) Karmint.ng
      166 words
    • Article
      PRELIMINARY RESULTS
      325 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Lum Chang Sep 29 Jun 92 $8,152($7.856) 2.5(2) 2(2) I Amtek Eng Sep 29 Jun 92 $11,231(59.402) 10 9(9 1) 12TE(12TE) FACB Sep 28 Mar 92 M$9.548l(M$ll 0401) t&M Sep 28
      325 words
    • Article
      INTERIM RESULTS
      572 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Tibs Sep 30 Jun 92 $8,955($7,324) 6( Sunshine Allied Sep 29 Jun 92 $1.584($1,601) 4(3.5) Eltech Sep 29 Jun 92 $2,020 ($3,186) -Hong Fok Sep 29 Jun 92 $60.942($13.485L) OE Sep 29 Jun 92 $1.398($1,206) Guthne
      572 words
    • Article
      RESULTS FORECAST
      76 24 dob Last Frit Year Forecast Bat* dot Hot Pralt EPS mod Tear EPS Cms proit N« N» CoMpwy Period last jr eading (cts) i» ($'0#l) (MSa) MM F Apr 30 Dec 91 15 8946 140-276 2.4—26 tatah NMgs F Sep 30 )un 92 116 6 0 16.130 39—145
      76 words
    • Article
      OTHER RESULTS DUE
      377 24 Mail Board list hi Tear CoapMj Period Date Tear EPS Cms Net —Mi (cts) dfe profit bit ye* (SSI*) EMS Final Nov 6 Jul 91 30TE 17.8781 MS Laad Interim Aug 23 Dec 92 7.9 5 0 50 908 Rags Interim Sep 10 Dec 92 53 5
      377 words
    • Article
      CORPORATE DEVELOPMENTS
      366 24 Sep 27 OYL Industries has proposed to buy the remaining 49 per cent stake in Razatec, comprising 735,000 shares of Msl each for M 56.86 million. Sep 25 Resources Development Corporation has announced that companies associated with Temasek Holdings have sold 117,000 shares for $268,964, leaving Temasek with
      366 words
    • Article
      DIVIDENDS ANNOUNCED
      999 24 Current Ex Books Date Total for Total for payment date dose payable the year last year Aana 5%(l) Sep 18 Sep 30 Oct 15 5% 1221 AMK 50c 351(b) Sep 10 Sep 24 Oct 23 35% 35% BMT S10 100% Nov 12 No* 24 Nov 26 140 9%
      999 words
    • Article
      APPROVED ISSUES
      348 24 Company Rights Issue Golden Hope One-tot sn MSI50 per share Ei-date: Aug 27 Books dose Sep 10 Acceptance Payment Oct 22 MAS O* for one M*5 00 per share Ex-date Sep 7 Books dose: Sep 21 Acceptance Payment Nov 2 0C8C One-forfrve (300 per local share One-tor five
      348 words
    • Article
      PROPOSED ISSUES
      566 24 Company Rights Issue Aiance Tcdi One tor-one SI 00 pet share Amal Steal three <a, MJ? 20 per share Issue of 211 62m 50% Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) *nth up to *****m Transferable Subscription Rights (TSR) for an aggregate price of MSI
      566 words
    • Article
      SCRIPLESS CONVERSIONS
      376 24 Conversion Special Trdg Scripies Conversion deadline Period Trading Company starts (IDP) (ST) starts Alex Hldgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 Cerebos
      376 words
    • Article
      RECORD HIGHS & LOWS
      152 24 RECORD HIGHS LOWS BT Composite Index ST industrials Index 1992 htfr *****8 (21/2/92) 1992 htft *****2 (27/1/92) 1992 tow; 1122 50 (18/8/92) 1992 tow *****5 (18/8/92) 1991 tifh: 1333 08 (3/6/91) 1991 l*t *****8 (3/6/91) 1991 tow *****2 (16/1/91) 1991 tow 1149 08 (16/1/91) 1990 Nfh: 1435 43 (16/7/90) 1990
      152 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      906 24 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Soli shares Before After Tat lee France 29/09/92 Tat Lee Bank Gho Lian Chin Wife B 100.000 163.000 21.391.276 59 42 21.491.276 59 70 Tat Lee Finance 29/09/92 Tat Lee Bar* Got) Yeok Chay Wife
      906 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      366 24 In local curr la S$ In US$ dy yr dy yr %dy *yr Sep 30 Index chge chge chge chge chge chge World 377.0 -0.3 -7.7 -0.6 -8.2 -0.3 -6.5 *EAFE 438.9 -0.8 -12.6 -0.9 -11.7 -0.5 -10.0 Europe 395.8 0.0 -3 8 0.4 -3.8
      366 words
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  • Article
    CHINA STOCK EXCHANGES
    303 25 THE Credit Lyonnais Securities Asia (CLSA) All China Index, launched in May, is the first index to track all shares on the Shanghai and Shenzhen stock exchanges. It is backed by four subindices which monitor separately the A and B shares on the two bourses. All the
    303 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Shares end mixed as finance issues dominate trade
      1000 25 JAKARTA stock prices closed mixed in thin trade yesterday, dominated by strong buying in the finance sector. The Official Index closed at 298.56, up 0.17 point. Turnover was 6.76 million shares. Brokers said the market direction remained uncertain but local interest seemed
      1,000 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Index breaks technical resistance point
      2112 25 Reuter BANK and property shares yesterday led the gains in active afternoon trading that saw the Bangkok stock index break a technical resistance point. The SET Index ended 12.68 points higher at 859.68 on active turnover of 12.69 billion baht. Major property firm Krisda Mahanakorn,
      Reuter; Source: Bridge Info  -  2,112 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      159 25 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and 1 f relevant book reviews. w L y ENTERPRISE k MANAGEMENT, in Business Times every Monday, is must |i CJO-^ reading for managers who want
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei falls for fifth consecutive day
      2549 26 Reuter. AFP TOKYO STOCKS gave up early gains yesterday, ending weaker on profit-taking by foreign investors after the yen's rapid rise and futureslinked selling, brokers said. The Nikkei declined for the fifth consecutive day. The market lacked direction and investors remained inactive, they added.
      Reuter.; AFP  -  2,549 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks close firmer on technical rebound
      2396 26 Reuter HONGKONG share prices closed firmer in thin trade yesterday. Brokers said the rebound was largely technical. "The Hang Seng Index had fallen 180 points this week and the market is a bit short on continued selling," said one trader. The blue chip index
      Reuter  -  2,396 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close at 18-month low
      2052 27 Reuter THE AUSTRALIAN share market ended at an 18month low yesterday in the absence of the technical support which marked the close of the quarter on Wednesday. "Heavy buying on futures and selective buying of individual stocks yesterday as the quarter came to an end
      Reuter; Source: Bridge Info  -  2,052 words
  • REGIONAL STOCK MARKETS
    • Taiwan stocks close higher on late buying
      • Article
        NEW ZEALAND
        355 27 THE NZSE-40 Capital Index fell one per cent yesterday in lacklustre trading to close at 1,406.91. A broker said he expected continued overseas selling of shares in Fletcher Challenge and Carter Holt Harvey today. Fletcher Challenge fell a further four cents to a 10-year low of NZ$l.B3 on
        355 words
      • Article
        BOMBAY
        91 27 SHARE PRICES ended slightly higher in lacklustre trading as market players stayed on the sidelines, brokers said. The BSE Index rose 21.30 points to 3,315.72. The National Index rose 13.60 points to 1,482.78. "At the present prices, buyers were not prepared to buy and sellers were not prepared to
        91 words
      • Article
        TAIPEI
        549 27 LATE BUYING pulled Taiwan stocks to a higher close yesterday and brokers said investors had regained trading interest after the market's rebound in the previous two days. The Weighted Index, which was more than 80 points higher at one stage, finished 59.87 points higher at 3,584.08. Turnover rose to
        549 words
      • Article
        SEOUL
        824 27 STOCKS fell for the fifth consecutive day in weak trading yesterday as investors remained inactive and cautious, brokers said. "Everything is bad right now. Customer deposits continue to fall by about 20 billion to 30 billion won every day. And there's no activity," said a dealer. "There are no
        824 words
      • Article
        Untitled
        49 27 Close Previous Oct 1 NEW ZEALAND NZSE-40 Capital 1.406 91 1,429.45 -22.54 MANILA Composite Index unav 1.404.54 4r Turnover (mil pesos) unav 447 TAIPEI Weighted Price Index 3.584.08 3,524.21 59.87 Turnover (NTS billion) 21.6 15.7 5.9 SEOUL Composite Stock Index 508.76 513.82 -5.06 Turnover (billion won) 82.6 124.58 -42.0"
        49 words
      • Article
        Untitled
        420 27 Manila Oct 1 Peso +/-Vol (TOO) A.Soriano Corp 1.660 ABS-CBN 37.500 .500 203 Abra Mining Corp ...010 Alcorn Pet 036 .001 ***** Alcorn Pet.-B 041 unch 5400 Anglo Phil-Oil A 012 +.001 ***** Apex Mining A 011 unch ***** Apex Mining B 012 -.001 ***** Atlas Cons A 13.000 Atlas
        420 words
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  • WORLD STOCK MARKETS
    • Shares stage modest rise on Wall St
      • Article, Illustration
        NEW YORK
        1315 28 NEW YORK STOCKS closed with modest gains in quiet trading on Wednesday as money managers did last-minute adjustments to spruce up their portfolios on the last day of the month and the third quarter. The Dow Jones Industrial Average regained 4.86 points to 3,271.66. It lost 1.41 per
        1,315 words
      • Article, Illustration
        LONDON
        688 28 STOCKS suffered a moderate loss on Wednesday, depressed by the unlikelihood of a cut of British and German interest rates in the near future. The 100-share Footsie index lost 12.5 points day to end at 2,553. The FT-Ordinary Index of 30 shares was down 16.0 to 1,860.6. Volume was
        688 words
      • Article
        FRANKFURT
        209 28 THE stock market was depressed on Wednesday in medium-volume trading, as the DAX Spot Trend Index dropped to its lowest level of the year at-the close at 1,466.36 points, off 0.7 per cent from the Tuesday close. Operators said the negative factors included the weakness of the dollar, approaching
        209 words
      • Article
        AMSTERDAM
        244 28 DUTCH SHARES ended mixed to lower on Wednesday, supported at lower levels by strength in guilder bonds, dealers said. Dollar weakness undermined feeble early gains, but the market resisted the stronger downtrend on other European bourses. The EOE Index closed 0.46 points lower at 286.40. 'The bond market is
        244 words
      • Article
        PARIS
        233 28 THE bourse staged a last-minute technical turnaround on Wednesday, rallying after September stock index futures contracts and options expired. The CAC-40 Index, which shed 6 per cent over the first two days of the week and spent most of the session deep in the red, ended up 4.80 points
        233 words
      • Article
        MILAN
        230 28 ITALIAN SHARES closed higher in light turnover as the lira's spectacular fall against the mark on Wednesday morning grabbed most attention, dealers said. The lira fell to a low of 893.00 against the mark from around 845 on Tuesday, raising more doubts about its possible return to the ERM.
        230 words
      • Article
        ZURICH
        120 28 SWISS SHARES closed mixed on Wednesday at around Tuesday's closing level as the weak dollar dampened sentiment. Dealers said many investors remained on the sidelines awaiting today's meeting of the Bundesbank's central council and US employment figures. The All-Share SPI eased 1.7 points to 1,145.9, while the SMI Index
        120 words
      • Article
        STOCKHOLM
        170 28 SWEDISH SHARES rose sharply on Wednesday after a morning announcement of a planned cut in corporate payroll taxes and a marginal lending rate cut to 24 per cent from 40. The bourse All-Share Index rose 5.90 per cent to 695.30 in high trade of 484 million kronor. The Top-16
        170 words
      • Article
        BRUSSELS
        150 28 BELGIAN SHARES reversed early losses on Wednesday, closing slightly higher after late activity in utility Electrabel. The Bel-20 Index of leading shares rose 1.97 points to 1,109.17, with 655 million francs worth of shares traded. Lower domestic interest rates and arbitrage between Electrabel ordinary shares and AFV stock, which
        150 words
      • Article
        JOHANNESBURG
        485 28 SHARES firmed in steady trade on Wednesday, underpinned by the September quarter-end for unit trust funds, dealers said. But analysts said the market was expected to drift easier on continued uncertainty on the political front. Assurer Sanlam, in its September economic review, warned: "If political and social stability is
        485 words
      • Article
        TORONTO
        306 28 STOCKS fell around one per cent for the second day straight on Wednesday, dropping to their lowest levels in a year as uncertainty over the approaching unity referendum unnerved investors, dealers said. Banks added to the woes by raising prime rates to 8.25 per cent from 6.25 per cent.
        306 words
      • Article
        INDICES & TURNOVER
        86 28 INDICES TURNOVER NEW YORK Close Previous Sep 30 IXiw Junes S& P 500 Turnover (million) 3.271.66 3.266 80 +4 86 417 80 416 80 +10 184 47 170.75 +13.72 LONDON Financial Times 30 FTSfc 100 Turnover (million) 1.860 6 2.5530 5294 1,877 6 2.565.5 533 -16 -12.5 -3.6 FRANKFURT DAX
        86 words
      • Article
        Untitled
        43 28 Vienna Sep 30 Asch Akg Holding 2175 unch Bank Austria (P) 450 unch E Allgem (P) 1640 unch Jungbunzl ***** -200 Lenzing 648 6 Leykam 321 5 Oesterr Brau 640 60 Semperit 96 unch Steyr 170 -2 Veitscher 318 Source: Z-Landerbank Bank Austria
        43 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling sharply lower in Asia on rumours that Lamont will resign
      1173 29 REPORTS STERLING fell sharply across the board in Asia yesterday, although it came off early lows, on active sales triggered by rumours that British Chancellor of the Exchequer Norman Lamont would resign. Some Tokyo dealers said the market reacted
      1,173 words
    • Article
      INTERBANK FOREX RATES
      409 29 Crass rates Oct US$ SS MS Dm Yen SFr AS NZS USS 1.5920 2.4950 1.4140 120.10 0.5634 1.2400 1.4065 1.8519 SS 0.6281 1.5672 0.8882 75.4397 0.3539 0.7789 0.8835 1.1632 MS 0.4008 0.64 0.5667 48.1363 0.2258 0.4970 0.5637 0.7422 Dm 0.7072 1.1259 1.7645 84.94 0.3984 0.8769 0.9947 1.3097
      409 words
    • Article
      MONEY MARKET
      541 29 Interbank rates ss Bid Offer Overnight 1/4 1/2 1-month I 1/4 1 3/8 2-month 1 7/16 I 9/16 3-month 1 1/2 1 5/8 Overnight mode: 1-1/4 I'SS Bid Offer 7 days 3 1/8 3 1/4 1 month 3 1/8 V 3 1/4 2 months 3 1/16 3 3/16
      541 words
    • Article
      Lock icon A$ still at mercy of greenback: analysts
      356 29 Reuter SYDNEY The Australian dollar is steadily weakening against some currencies and although the central bank appears to be concerned about it, analysts say there is little it can do because the Aussie is hostage to US dollar moves. The Australian unit recovered
      Reuter  -  356 words
    • Article
      FINANCIAL FUTURES
      1473 29 SIMEX EUtOOOLLAH Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 %.87 96.89 96.86 96.88 6500 7551 ***** Mar 93 96.83 96.84 96.82 96.83 6700 7190 ***** Jun 93 96.53 96.54 96.52 96.54 2600 3528 9825 Sep 93 96.17 96.18 96.16 96.18 2200 1306 3379 Dec 93
      1,473 words
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  • COMMODITIES
    • Article
      Lock icon Thai rubber official rules out futures market for now
      341 30 Reuter BANGKOK A proposal to establish a regional commodity futures exchange in Thailand is premature, at least as far as rubber traders are concerned, says a senior Agriculture Ministry official. "We should first concentrate on developing our current physical rubber market
      Reuter  -  341 words
    • Article
      Lock icon Outlook for copper prices for rest of 1992 not encouraging
      285 30 Reuter NEW YORK Weighed down by sluggish world economies, the outlook for copper prices for the rest of this year is not encouraging as supply outweighs demand. Analysts see major support at 103.75 and at 102.50 basis December and if
      Reuter  -  285 words
    • Article
      KL tin price up eight sen in line with LME trend
      758 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market rose eight sen to close at M$ 15.70 per kg due to lower offerings yesterday. Dealers said the trend was in line with the firmer London Metal Exchange
      758 words
  • Article
    PRICES
    1459 30 Rubber MS Commodity Exdiawgo (fntam dotkig m at lpm) ItSS I Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 92 146.00 146.00 145.50 100 525 Nov 144.00 143.00 143.50 725 2,750 Dec 141.75 141.25 141.50 875 4,300 Jan/Mar 93 138.50 137.50 137.75 4,125 17,325
    1,459 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      947 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 In the Matter of The Companies A.t Cap 50 and In the Matter ot BRIGHTON INDUSTRIES (S) PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 ot the
      947 words
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      Page 30 Advertisements Column 2
      13 30 jL Don't miss |j PAFTER I I E F 'Yd 1 New Paper
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1291 31 Ma DkaM GA976 0115 GA890 0150 GA970 2205 Qf81 1955 QF82 2205 SQ227 2230 Aaistardaai KL837 1255 SQ320 1100 SQ323 1815 KL838 2240 SQ348 2300 NZ35 1550 SQ285 2115 SQ288 2030 NZ36 2355 BA12 2200 Bahrain GF149 0650 lalikpipiM GA911/524 0800 MrM SQ18I 1410 SQ182 0915
    1,291 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Co-existence for conservation
      639 31  -  POSTCARD FROM NEPAL By Nirmal Ghosh THE terai the jungle belt at the foot of the Nepal Himalayas was at one time an unpleasant place: steamy, swampy and mosquito-infested. Now many parts have been cleared for habitation and cultivation, mostly of sugar cane. But some parts of
      639 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1268 1.1430 Canadian dollar 1.2647 1.2905 NZ dollar 0.8495 0.8670 Sterling pound 2.8119 2.8515 US dollar 1.5880 1.5950 Local dollars to 100 units of foreign currency Austrian schilling 15.83
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      53 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td'. Nov 2-7 9lh Hongkong Hongkong Headway Trading (852)827-5121 Nov 3-4 Liberalisation London Tania Startev, 071-*****83" International Convention Fairs Ltd Fax: 827-7064 of European IBC Technical (fax) Furniture Fair Exhibition Tdecommuni- Services Centre cations Nov 3-5 Electronic Data
      53 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      39 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. £/=//V/WW//7 We knew Europe from dart to Finnish
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      Page 31 Advertisements Column 2
      26 31 For information on where to buy your copy of: Her World, Go. Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
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      Page 31 Advertisements Column 3
      1031 31 BiniNEun!m_: Toll -free Tel No: 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MMEORES TRAJMG PTE LTD (In Voluntary Liquidation) MEMBERS'VOLUNTARY WINDING-UP At an Extraordinary General Mating of Minaoraa Tracing Pta lid duly convanad and held a! 73
      1,031 words
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      Page 31 Advertisements Column 4
      357 31 M THE MATTER OF THE COMPAMEB ACT (CHAPTER M) ANO M THE MATTER OF BOON MARKETING COMMUMCATKMB PTE LTD. (In Members' Voluntary Liquidation) At an Extraordinary Qenerd Meeting of the abovonamod company duly convened and held at 101-A Uppe< Croee Street, #11-22 People's Park Cantra, Singapore 0106 on Friday, the
      357 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      290 31 1 Private enterprise claims a I I I f I 1 I I If tip for development (10) UJ K| I 10 Official advertisement 11 Doubly firm concerning a I'll 12 Made easy like do the JBHHH__JH___fl^^Hifl__flHßL__pß__ 15 Blast! Low back allows space to manoeuvre the I 16 Gloomy set
      290 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      158 31 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 32.6 Assoc humidity 62% Minimum temperature 25.4 Assoc humidity 97% Hours of sunshine 6.35 Rainfall in mm trace Rainfall this month trace Rainy days this month 0 World report Asia-Pacific Hi/Lo* Cond. Bangkok 33/26
      158 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      17 31 •Vc 7 BRING EACK TM£ GOOD OLD OF^IS... V\F\\/£, CHp*NGCD DCP\MPfTiCPLLy Siwoe <}>X ASSOCIATED NEWSPAPERS LTO.. 1M3.1W2
      17 words
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  • Article
    Lock icon Britain and Germany in new currency row
    579 32 Pound falls below psychological 2.50 mark level Reuter AFP LONDON The relative calm in the foreign exchange was broken yesterday as a fresh row erupted between Britain and Germany over who was to blame for the currency crisis which forced sterling out of
    Reuter; AFP  -  579 words
  • Article
    Lock icon EC rejects US ultimatum on oilseed subsidies dispute
    311 32 No sign of US retaliation over refusal to submit to arbitration Reuter GENEVA The European Commission yesterday rejected a US demand for a binding Gatt oilseeds panel to settle a trade row, a Commission spokesman said. The US had set a deadline
    Reuter  -  311 words
  • Article
    Lock icon Collor will not resign, so Brazil will have two presidents
    267 32 FT BRASILIA Brazil's president Fernando Collor will not resign, his spokesman said on Wednesday, in spite of his crushing defeat in a congressional vote opening the way to an impeachment trial in the senate. "The word resignation has not been
    FT  -  267 words
  • Article
    Lock icon Stanchart knew of irregularities in Indian branch
    239 32 Reuter BOMBAY Standard Chartered Bank knew of possible irregularities in its Indian operations 18 months before the exposure of a USSI.2 billion (SSI.9 billion) securities scandal in India, a bank official said yesterday. But Barry Northrop, the British-based international banking group's special representative
    Reuter  -  239 words
  • Article, Illustration
    Lock icon Chinese congress to formally embrace market economy
    317 32 Reuter BEIJING The Chinese Communist Party will formally embrace capitalist markets during a meeting this month, but will not relax its battle against advocates of Western-style democracy, according to Chinese sources. The keynote speech to the congress wjll set the stamp of approval
    Reuter  -  317 words
  • Article, Illustration
    Maastricht: peace in Europe is what it's all about
    857 32  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist who contributed this comment to BT IN ALL the brouhaha about Maastricht this and Maastricht ttyat, it is sometimes difficult for the uninvolved to figure out just what
    857 words
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      Page 32 Advertisements Column 1
      168 32 Nikon The World's Finest Photographic System I Jk&. I f I JmwTMm I vfl Available enrlimvely SINGAPORE Burfcrrry* Shopa «5 Orchard Road. «l2^/«/44. Wnnu Atria. Sin K ap...r OWI Tel 7WIIH t9O Orrhard Road. •81-01/02 Man Renamanr.. IWW lel 7t4W25 Burberry* Shop-livShop DAIMARI! DFSOr.haid lIAIIEY'S ISETAN Havel* irk ISH AN
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      Page 32 Advertisements Column 2
      9 32 How about giving the Bundesbank its due?, Pg II
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      Page 32 Advertisements Column 3
      7 32 Citibank India may sue Mehta, Pg 8
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      Page 32 Advertisements Column 4
      106 32 Nikon The World's Finest Photographic System SOTHEBY'S FOUNDED 1744 &*i t 7 i -5 same dedication, and one M v seal of the calligrapher, PREVIEW EXHIBITION OF FINE MODERN CHINESE PAINTINGS, JADEITE JEWELLERY CHINESE SNUFF BOTTLES to be sold in Hong Kong on 27th, 28th 29th October 1992. Exhibition dates:
      106 words
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  • Shipping Times
    • Article
      Regional piracy centre offering free services
      487 33  -  From Rahita Elias in KUALA LUMPUR THE International Maritime Bureau's (1MB) regional piracy centre, first mooted in February this year to combat piracy in the Far East, was officially opened yesterday. Mazlan Abdul Samad, IMB's regional manager based in Kuala Lumpur, told BT that
      487 words
    • Article, Illustration
      Klang can become region's second hub
      456 33  -  Conference on Investing in Malaysian Transport From Rahita Elias in Kuala Lumpur MALAYSIA'S number one gateway Port Klang can develop into the region's second hub port without clashing head on with Singapore, said the Malaysian port's chief executive Abdul Samad Mohamed. Speaking at a
      456 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1171 33 P»ge Col ABC Containeiiine 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 Asia Cont Lines 14 5 Asian Break-Bulk 16 3 •ASCL 5 5 ASXCLShpg 15 2 Austorient
      1,171 words
    • Article
      Nagasaki Spirit owner does not rule out piracy
      280 33  -  By Ramesh Divyanathan SINGAPORE The owner of stricken oil tanker Nagasaki Spirit, has suggested that pirates may have caused the vessel to be set ablaze and collide with a container ship. In a statement yesterday, the Liberia-based owner. Lancer Navigation Co, said
      280 words
    • Article
      Ace group to expand express service to Nagoya
      326 33  -  By Dexter Lee SINGAPORE Members of the Ace Group, whose vessels ply the Far East-Europe trade, will soon expand their express liner service to the Japanese port of Nagoya. From December, the consortium comprising Orient Overseas Container Line, Neptune Orient Lines and
      326 words
    • Article
      Lock icon Indian port to expand handling facilities
      198 33 KnightRidder NEW DELHI India will approve an 11-billion-rupee investment plan to expand cargo-handling capacity at Paradip port in eastern India, the Economic Times Newspaper said on Wednesday. A K Patnaik, the chairman of the port, said the investment will raise annual cargo handling at
      Knight- Ridder  -  198 words
    • LOG BOOK
      • Article
        Oil rationing not ruled out
        64 34 NICOSIA Iran's Oil Minister said that distribution of petroleum products in the country was up from last year but the possibility of rationing has not been ruled out. The statement reported by the official Islamic Republic News Agency indicated that Iran has not fully recovered
        64 words
      • Article
        Engine explosion forces plane to return
        104 34 SAN FRANCISCO A United Airlines aircraft with 238 passengers on board had to return to San Francisco airport soon after taking off on Wednesday when one of its engines exploded, an airport spokesman said. The DC-10 plane had just taken off from San Francisco
        104 words
      • Article
        Pirates attack tanker
        105 34 LONDON Pirates armed with automatic weapons attacked a tanker in the South China Sea earlier this week, Lloyd's shipping intelligence said. About 15 pirates fired automatic weapons and threw large fireworks onto the deck of the World Bridge, which was loaded with kerosene and gasoil. The tanker
        105 words
      • Article
        30 missing as boats capsize
        78 34 TARIFA, Spain Some 30 people were missing and three were confirmed dead here after two boats carrying would-be immigrants from north Africa capsized in bad weather. Two bodies were found floating in the sea off this southern Spanish town shortly after one of the boats
        78 words
      • Article
        Argentine facility for lease
        82 34 BUENOS AIRES Argentina will lease a state-owned grain elevator complex at the country's principal Atlantic Ocean port of Bahia Blanca, starting Nov 25, for 30 years to private investors, the Economy Ministry announced. Ministry officials declined to name companies that have bid to operate and modernise
        82 words
      • Article
        Ship mishap at St Petersburg
        63 34 LONDON The 36,233-deadweight-tonne Maria K crashed into the 65,044-deadweight-tonne Baneasa on Tuesday at St Petersburg, according to Lloyd's Intelligence. The Malteseflagged Maria K has requested a survey and a survey of the Liberian-flagged Baneasa has been requested without prejudice. Elvin Shipping Co Ltd, Valetta manages
        63 words
    • Article, Illustration
      Lock icon Telling tales of lost ships
      871 34  -  A new type of technology using a home-video camcorder and a computer to photograph sunken vessels is now being field-tested. John Flesher reports on what scientists hope is a breakthrough in shipwreck exploration John Flesher AP IT'S EARLY afternoon, but fog still hovers over grey,
      AP  -  871 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      564 34 Carton Carter Sep 24 DansTy Niter Residue Ash Aknran Sedment Dwsity Water Reskhie Ash Atrwmm Sed»iw<.. M/M %M/M> Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method > GO/Cimac imrts Spec E25 991 10 154 010 30* 010* Eastern USA Wht
      564 words
    • Article
      THE SHIPPING GUIDE
      10888 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and dejfarture trom the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,888 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        558 49 'I*** »"Ml Pgertre VkmI fry Wo B«rth Arm* Dapartin H ur0fl Port m Ms Amalia 14CB P09A 01 10/1700 02 10/0700 Owsadero 01WB J10/U atongsrte 0210/1500 ChaH WAMB P05 01 10/1500 02.10/1500 LuchyOne J1 alongside 0210/1500 l 207 P08A 01 10/1400 02 10/1500 Panta Mas XV/92 J7
        558 words
      • Article
        IN MALAYSIAN PORTS
        190 49 jooore ron Berth: 1: Thang Long; 2: Mandaiay; 3: ml; 4: Talana; 5: Pernas Suasa, Embo; 6: nil. 01 jetty: Southern Queen. DCJ: Silver Pride. Dim or Oct 1: Kyokuei Maru No 2, Gemki. Ji An, Bauhmma. Out on Oct 2: Graaa, Semarak, Luconta, Barge Java Seatiger,
        190 words
      • Article
        CONTAINER SCHEDULE
        1641 49 DELIVERY Of Fa IMPORT CONTAINERS IN PROGRESS SWp <oi Ho Cwtators hiMi Shp Koy Ha Cantiiwn ntbtok B Teratai 393 30.0992 0935 Ve-Ga 39A COO(EST) 30.09 92 1500 Wana Bhum 159N 30.09 92 0955 lampur* *****N COO(EST) 01.10.92 1500 KotaNaga NGA009 30.09.92 1000 Raprie 086 COO(EST) 01.10.92 1500
        1,641 words
    • Article
      DAILY FREIGHTS
      794 50 TllE Baltic Freight Index (BF1) lost another point to 1.041 on Wednesday after reaching five-year lows on Monday, but grain business involving destinations in the former USSR aided sentiment, said. Seasonal demand for raw materials has been delayed this year by the recession, but grain porehases by the
      794 words
    • Article
      TRANSPORT DIARY
      710 50 Oct 5 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at the Marina Mandarin. For further details please contact IBC Technical Services at tel: 732-1970 or fax: 733-5087. Oct 13-16: Seatrade Asia-Pacific Cruise Convention, organised by Seatrade. The event will take ptace
      710 words
    • Article, Illustration
      Lock icon EC considers taxing use of motorways by lorries
      448 52 Proposed launch date is Jan 1, 1994 UPI BRUSSELS The European Community's Commission on Wednesday proposed a system which would make it possible for member states to tax lorries using their motorways. Transport Commissioner Karel van Miert told a news conference that
      UPI  -  448 words
    • Article
      Lock icon Proposal to continue to exempt airlines from VAT
      246 52 Reuter BRUSSELS The European Commission said on Wednesday air and other passenger transport services should continue to be exempt from value-added tax (VAT) in the European Community's post-1992 single market to keep fares down. "If we had to tax transport, even in
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      265 52 AFP SEATTLE Boeing, the world's biggest aircraft manufacturer, confirmed on Wednesday that it has been negotiating with Iran Air but denied press reports that a US$l billion deal had been reached. Boeing spokesman Mark Hooper said the US company was negotiating with Iran Air,
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      Lock icon Japan to open domestic routes for more airlines
      279 52 NYT TOKYO To promote competition in the airline business, Japan's Transport Ministry will lower the standards used to determine how many airlines arc allowed to fly a given domestic route, a ministry official said. Under the new standards, which take effect on
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      Lock icon Eurotunnel wins suit against contractors
      201 52 AFP PARIS Channel tunnel operator Eurotunnel announced on Wednesday that it had won an arbitration suit against contractors with which it had a long-running dispute over costs. It said an arbitration panel of the Brussels International Chamber of Commerce had issued a decision in favour
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      Lock icon Five men arrested on suspicion of hijacking plane
      250 52 UPI ISLAMABAD Five men, including four Saudi nationals, were in custody on Wednesday after two of them allegedly tried to board a Saudi Arabian airliner with guns and explosives hidden in a hand-held tape recorder, officials said. Security police at Islamabad airport
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      Lock icon Investigators seek clues to crash
      410 52 The PIA crash AP KATMANDU, Nepal Tramping through mud and rain, police on Wednesday searched a fire-scarred mountain for clues to why a Pakistani airliner was flying 390 metres too low when it smashed into a mountainside. Of the 167 victims of Monday's crash, 100
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      19 33 Llms and Mrvfcts rtprtM«t«d M«iab«rs «f th« Registry of Accredited Natl—«l Shipfor advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      486 33 toe FAMOUS hm/VM(iOk ■iMIIIgI* 224 1833 For more information please refer to Pg. 13 THE 2ND INTERNATIONAL MANNING AND TRAINING CONFERENCE NEW STRATEGIES FOR THE NINETIES Mandarin Hotel, Singapore 12 and 13 October 1992 Organised by Lloyd's of London Press (Far East) Ltd Finding the right people today manning and
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      17 33 Telling tales of lost ships, Page 2 EC considers taxing use of motorways by lorries, Back Page
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      85 34 f L< o^y J <^ > Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
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      2679 35 OOCL (8) PTE LTD JARDtNE SHIPPING AOENCIE3 TEL: *****11 FAX: *****09 All If# BOOKINGS TEL: *****34 *****58 ■■lllf TERMINAL/CFS TEL: *****18 220 P ***** H PEBAKA JAR DINE SHIPPING AGENCIES BDN. BHD. k \SSSf A PORT KELANG TEL: *****18 FAX: *****91 *****88 n.«i;fc, PENANG TEL: *****4 FAX: *****1 CFS TEL:
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      Page 35 Advertisements Column 2
      1364 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT lit| lUmEDAMB SHIPPING (SAGj\ W I VSI/VOY SM NYC I BAL ORf SAV 1 I m imam m vu vu 7/11 i/u ~~ivH I ■m m n ivh n/11 n/u m/ii m/u I
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      1481 35 WEEKLY DIRECT CALL TO SHIMIZU LINDOE MAERSK V.9211 ETA SIN 8/10/92 ETA SHIMIZU 20/10/92 Veaael Voy ETA ETC F«M« by SM urk/ArM* DESTINATIONS 1 Tiaa m« Mum 820 a H^HlfWWgawawtfftTWHWHPBHW^H «/10 0800 HRS CFS 5/10 2359 MRS JOH LPK PEN OAK LQ6 HOU MEM ATL MIA CMS BAL PHL NYC
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      1430 36 RDAM/ t'ilßlTStTirV VOY NO SPORE JEDDAH SHAMTON H'BURG ANT LE HARVE FRANKFURT EXPRESS 64/339 4/10 21/10 23/10 26/10 27/10 L MtL MESnOM LA SEINE 26/140 8/10 17/10 31/10 27/10 26/10 fl ill I ffIMMI KASUGA I 23/340 11/10 28/10 30/10 2/11 3/11 UMO ID 18/CONTMDfT DANUBE 04/141 15/10 31/10 3/11
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      469 36 CEdBH FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for al services C.1.5.-Vottochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia t Hungary CSFR Poland ocT<§>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel IT A SM VILLE DE CASTOR 08/10 VILLE DE
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      1463 36 ggl wiaaia mxmm REGULAR INDEPENDENT FULL CONTAINER SERVICE IVSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT# FEL LHA I NORASIA SHARJAH 9231-3 06/10 28/10 30/10 02/11 03/11 04/11 05/11 06/11 07/11 HANK ARROW 232W 11/10 02/11 03/11 08/11 09/11 09/11 10/11 10/11 11/11 I NORASM MUBARAK 9233-3 19/10 11/11 13/11
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      1987 37 STRAITS SHIPPING PTE LTD 10 Hn Cttaag Rni •11-fl Kippil Towers ShpHft jgtg T* 22M7M Fax: *****17 •corn cmso na sms smgapom phonm pcnh K«B MEktm *0« KK. Skan. la* WIJ Oct Oct *5 Oct ARM IS PMNCtSS V 9207 07 Oct 12 Oct RAMH BROOKE ¥176 Muni, lib A•»
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      2614 37 SINGAPORE AGENT: IjCifi A|t|A|(o P&O Containers (Singapore Agencies) Pte Ltd A. iXv/ VjUllLCtlllvl o 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 -.TA Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 T_ CR Number **********0Z I EXPORT i_r_,' ,rr IMPORT VESSEL VOV 'MM W MM ALO
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      641 38 aifl CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/Wt STGK ROAM ADAM HWIt BKMEN WTKW RUTAI.26HB 9-13/10 J/11 15/11 28/11 23/11 MAIMMU3NB 25-21/11 30/12 2/1 5/1 10/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to InducMTMnt. Also accepting cargo lo Casablanca. Port Said, Port Alexandria, Qonoa. Trwata. ALSO
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      1419 38 HANJIN SHIPPING FOR VSI SM LME HAUL LO OAK FOR HI SM ILK HAUL Ml U NTC HAfUN SMGAPORE 0071 4/10 DMECT 25/10 78/10 FISHGUARD BAT 2UN VlO M AMERICA 00* 12/11 13/11 IS/U HARM LE HAVRE 019E 11/10 OUECT 1/11 4/11 HARM OCR) 0171 12/10 M. ROBE 039E 19/11
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      Page 38 Advertisements Column 3
      1200 38 AM d "Id "I Im scr iss Mis us ws mi OS* *T sou tto uu cm bal myc lm mm km iir «s no cm ml w ESENTRTKO42 1/10 7/1112/1014/10 10/10 11/10 20/10 21/10 21/10 24/10 24/10 4/11 lt/U 20/11 21/11 1/12 2/12 1/12 4/12 5/12 15/12 25/12 21/12
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      1567 39 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 Mm mm mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 MMb UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS -F9: *****53/*****50 AUST/INDIA/PAK SERVICE NEPLINE SDN BHD MALAYSIA NEPTUNELINK
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      352 39 CENTENARY SHIPPING SERVICE I WEEKLY FULL CONTAINER DIRECT SERVICE I SINGAPORE/HO CHI MOTH CITY Mow providing Container Trucking toVungtau. from Ho Chi Mlnh Qty VESSEL S NAME VOY. NBW ETA/D SPORE ETA/D HCM CITY TAN AH AM 59N/S 054)5 OCT 06-09 OCT 92 TANAN AM 60N/5 12-12 OCT 15-16 OCT
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      Page 39 Advertisements Column 3
      188 39 NIPPON EXPRESS I a Arrow International Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA, NAGOYA, KAOSHIUNG HONG fcONG, BANGKOK. KEELUNG. KOBE U.S./AUSTRALIA WEEKLY LOS ANGELES (LONG BEACH). NEW YORK CHICAGO, SYDNEY. MELBOURNE EUROPE WEEKLY FELIXSTOWE. ROTTERDAM. HAMBURG DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS SERVICE TO WEST
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      Page 39 Advertisements Column 4
      1064 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOtfIC —DISCHARGING WESTBOM)-LOWING TRMCHFPED VIA ROTTEMMIt W" DOT
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      1685 40 H¥ AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) |C W W TVT T EL: *****77 TELEX; KAWAKIRS23I6S FAX' *****07/EY9 r%| Wij MALAYSIA: 'K" UNE MARITIME (MALAYSIA) SON BHD m A M m TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
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      1061 40 PHILI-ORI€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22/*****69/*****00Telex: R*****0 FAX:*****76 *****38 Qnfi BY AIR, LAND OR SEA.... I WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERSJ .-HSHHHHHBHHHHHHHHHBSHHHHBHHHsn--8 OCT SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 2 OCT AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH, NAPIER. CHRISTCHURCH
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      1076 41 PACIFIC INTERNATIONAL LINES (PTE) LTD ml Mm 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E VEMCL VOV JKT IH SRISAMUT (THAI FLAG) 8R837N 5/10 8/10 11/10 KOTA MOAH 401 4/10 7/10 11/10 ESTEBRUQQE 28N 0/10 0/10 13/10 BUNQA TERATAI 403 0/10 S/10 13/10 KQTA BINTANG
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      Page 41 Advertisements Column 2
      1415 41 p IPGUDANGI PENANG PKCIANGI XEA'. >S- RTM i2.i HAM GOT 14") 2/10 2/10 3/10 BENARTY 2392 6/10 23/10 25/10 26/10 28/10 E 9/10 9/10 10/10 ALSIA 2402 13/10 30/10 1/11 2/11 4/11 Q 16/10 16/10 17/10 BEN A VON 2412 20/10 6MI 8/11 9/11 11/11 E 23/10 23/10 24/10 JUTIANDIA
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      Page 41 Advertisements Column 3
      283 41 I •BSA° TRANSPORTATION mm MYANMA pHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pan PGdf MAMDALAY V3SN SM to Pt PAT)CM VII9W 4/5 Oct In Pt tVA-AN VIS2W 14/lt Oct PAGAN VII7W 08/10 Oct NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE
      283 words
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      1644 44 H Conventional Semi-Container Fuii Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: General Agents: Booking Agents: Gnan Gnu Skiing Sdn BM Cheng Chiae Skiing Sda BM P.T. Ghkal Petri Indonesia Maritime Yick Fling Shipping SNmeg FreigM Seeking Cents** Agtncm Costar Shipping Pie Ltd Slmieg Freight
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      Page 44 Advertisements Column 2
      494 44 EXPORTS TO HONGKONG, TAIWAN, MANLA t JAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE outbouw) yoTrm. pa ir|ai|iii«tuoiigTTo«»Miiai mT| «sm vot |sm [m roi aw sm *a lotus m joi ut uo ui law 12.11 iuo w.io itjo im acx jack t»T lie sn 7.11 tit in aoPWT 31» **s.n -710 110
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      607 44 MV. ASIAN ORCHID" V.lB ETA SPORE OCT 7: DIRECT CALL GUAM 23/10 SAIPAN 24/10 GUAM TRUK yV PGNAPE vap mT HONIARA* KOSRAE y ►•MAJURO WxORROR SUVA APIA NOUMEA UCT M.V. "ASIAN ORCHID" V.lB ALSO ACCEPTING FCL/LCL CARGO TO: MICRONESIA SOUTH PACIFIC PORTS VIA GUAM smgatok SEAWAY SHIPPING PTE. LTD. £1
      607 words
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      618 45 (f£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PtREAUS 4/10 ROTTERDAM 4/10 HAIF A/ASHOOD/ ALEXANDRIA 4/10 HAMBURG/BREMEN 4/10 MARSEILLE/FRANCE 4/10 FELIXSTOWE/UK 4/10 BARCELONA/SPAIN 4/10 LEHAVRE/ANTWERP 4/10 GENOA/ITALY 4/10 GOTHENBURG/SCANDINAVIA 4/10 LOS ANGELES/WC/IPI 4/10 SYDNEY/MELBOURNE 5/10 NEW YORK/EC 4/10 FREMANTLE/ADEIAIDE 15/10 VANCOUVER
      618 words
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      Page 45 Advertisements Column 2
      688 45 133 RICHFIELD MARINE AGENCIES (S) PTE LTD £1 TEL: *****33 (12 Lines) \2ZA FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) I}® ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANOtNET 28WB 14/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA AB6AY WONF 34W8
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      389 45 BOUA BHU44 44S 03/10 04/10 lANU BHUM 44N Fit 02/10 Ml 05/10 NANA BH4I 141S 07/10 10/10 WANT A BHUM 109N S* 03/10 N*d 47/10 BOUA BWM 47S rtYA BHUM## 253N Mm 05/10 Ttoi 04/10 BMHA BHUM# "127N~ BM 07/10 S» 11/10 NANA BHUM IS3S 21/10 24/10 1 L NANTA
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      Page 45 Advertisements Column 4
      330 45 I SSSsS TKtrt-unc VBL VOY WWOW M*DMI WOtfOW KSXI WT Ml MM m nSH MK JM ■PI to-11/It j nsa 909 tm km/it u-ivu imi/h < TKO STM M 44-M/14 14-15/14 21-22/11 nta no m 12-11/19 i»-»/h 27-29/19 r *i i VSL VOY ■MGAEORE/CALCUTTA/MMaAPOWK mi mm CM. SM no an
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      1546 46 fc*§MAC-NELS GROUPAGE l-Ivv JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 T HKG/TWN/BKK I GOTH/U.K/MED PORTS P£N PKL SIN PEN PK SIN |/10 5/10 6/10 Honf Kon| Ldn/Fb/Rdm/Ant 8/10 9/10 10/10 J/10 8/10 9/10 Hone Konj G'burt/Chafen/STiotm/Oslo 4/10 5/10
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      Page 46 Advertisements Column 2
      293 46 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM Ml in SH PREMER 20S In Pt 14/10 16/10 1/11 MULBERA 29S 15/10 27/10 29/10 15/11 AUST STAR 0530 26/10 7/11 9/11 26/11 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,
      293 words
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      Page 46 Advertisements Column 3
      1129 46 THONG SOON UNES PTE. LTD. Ml 77 ROBMSON ROM) #15-00, #16-00 SIA BULDMG SNGAPORE 0106 TEL: *****80 FAX NO: *****11, *****22 TLX: RS ***** CAMBER, RS ***** JENHOI UML TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL W I STORE iKST W! SPORE P. M EQUATOR GRACE 65/92E 02
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      832 47 VteA compania peruana de vapores V "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAN, HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BLL OF LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA. 140)1. TOKYO*, MANIA*, DAVAO*. PeiMni* P. Ketanj
      832 words
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      Page 47 Advertisements Column 2
      576 47 |ra H N.AMERICA CARRIBEAN SERVICES ttssa hwT sm inmin dot uu »si sm wtc m WW* 741 3/10 ZN CJMMM 7C M/ 10 1/11 U/U 14/U U/U A. KSSO. 10/10 2M ITDIM ft 1/11 17/11 21/11 23/11 2VU m rwcus 13a u/io m sua u it/11 »/u 21/11 1/12 3/12
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      Page 47 Advertisements Column 3
      586 47 CONVENTIONAL SERVICE TO/FRO A) VIETNAM B) HONG KONG C) BANGKOK D) INDIAN SUB-CONTINENT PORTS REGULAR LINER CONVENTIONAL SERVICE TO BELAWAN/JKT VOV. NO. PK BLW JKT SEA OUEEN 608 22/9 24/9 SEA OUEEN 609 28/9 29/9 SEA OUEEN 610 1/10 3/10 GULF TRAVELLER 41 5/10 11/10 GULF TRAVELLER 42 19/10 25/10
      586 words
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      Page 47 Advertisements Column 4
      397 47 ISH MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLMG MARSEILLE LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUnA/SIN WITH TRANSMPMENT TO: ASEAN/AUSTRALIA/FAR EAST/KMTERRANE AN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CABM BOOKING LBCXT TUMPMT REMIT
      397 words
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      Page 47 Advertisements Column 5
      437 47 mi ll I fil I I i !fl IIJI3CV I p Si FIR EAST j 6/10 KEELUNG/KAOHSIUNG 5/10 BANGKOK 9/10 MANILA/CEBU J 5/10 JAKARTA/BELAWAN/SURABAYA 5/10 PORT KELANG/PENANG/E. MALAYSIA 5/10 BUSAN i 8/10 TOKYO/YOKO/KOBE/NGO/OSA 5/10 HONG KONG SIN CHINA H#±«fcn) 5/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK
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      679 48 We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 hncoterms 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 saving.
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      Page 48 Advertisements Column 2
      536 48 Donterml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 2ND OCTOBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 11 OCT JAKARTA 11 OCT PENANC 08 OCT PORT KELANG 08 OCT MELBOURNE 08 OCT SYDNEY 08 OCT FREMANTLE 07 OCT BRISBANE 17 OCT HAMBURG 10 OCT FELIXSTOWE 10 OCT GOTHENBURG 11 OCT
      536 words
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      Page 48 Advertisements Column 3
      325 48 |K|pH Next Week's Sailings M&km Manila 09/10/92 (Onforeariiag a. Singapore Tel: 778 6522 Von Chan/ MM Fax: 779 2738 Gandhi #f MA Johore Tel: 07-*****8 yjy Alfred Ng ■1H 7&4AS~ZAVAC «s cs r TIE NATIONAL SIPC C—3 CO Of SAW ARAM Bhr VSL/VOY SIN |PK NYK NFK HOU NLA BAV
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      Page 48 Advertisements Column 4
      388 48 Vft-1 CHINESE-POLISH JOINT STOCK SHIPPING CO 1 COm APO/BHEAKBULK I KMLOMC2 V.50 16/10 CASABUWCA I POROJ V.2S 1/10 HARBURG/ROTTEXDAM/GRYNA ÜBN V 22 15/10 HUMGPU/XMGMG/SHMGHM PARA#OOWSKI ¥49 1/10 SHANGHAI BALTIC FAR EAST SHAPING PTE LTD 2 MSTM ROM) #10 00, HHC BUUMG, STORE 0207 m: *****69 fM: *****09 TU: 18 *****
      388 words
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      1365 49 WEEKLY SERVICE TO ALEXANDRIA, PORT SAID PORT SUEZ (EGYPT) FEEDER VESSEL PKG PEN OCEAN VESSEL SM LEH RTM(I) HAM (2) MV FIX SOU SOT a Blium B Seroia 2/10 30/9 NLL Europa/2342 7/10 23/10 25/10 27/10 28/10 26/10 27/10 28/10 NU Ko»w/*****# 3/10 6/10 5/10 4/10 8/10 11/10 26/10 5/11
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      271 50 Wftk LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
      271 words
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      Page 50 Advertisements Column 2
      269 50 I JLcoscol UKC CONVENTIONAL AEWVICE VESSEL PKL PNO P.O. LOAOINO FOR: A VESSEL 28/10 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VVTI I wn,IVE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 15/10 20/10 Huaogpu/Ouangzhou COSCO FULL CONTAINER SERVICE! (FCL/FCL) EXPORT TO: CMNA/BANOKOK/HONOKONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACHI Please
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      Page 50 Advertisements Column 3
      212 50 ULTIMATE FREIGHT SERVICES AUSTRALIA --pom USA -k«hMni4toM HZ -«*t» HK bddh| CHm CANADA Ummkm, MnM, Nm fciwcfc, BANGKOK inckidnf Laos MAURITIUS Pert l«« nßnpf 7+*7" PACIFIC ISLANDS W,ore Wig*JSg* riiuiwi) kWH, kv IMHV) fm, Laa. Copoi*nn StocfcJnfo. HpAAIA. Noumea AFRICA -Durban, Clmm, JoWl PretoriA, tJL KOREA -BUM BAtnran.ZAnMa.ZAfet.2MAn TAIWAN Ktetaf,
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      Page 50 Advertisements Column 4
      39 50 ©ORIENT FREIGHT SERVICES PTE LTD C/R NO. **********0 D WEEKLY CONFIRMED CONSOLIDATIONS AND SPECIAL FCL/LCL RATES TO> BOMBAY COLOMBO •CALCUTTA KARACHI MADRAS CHITTAGONG ALSO ACCEPTING CARGOES TO FAR EAST/EUROPE OTHER PORTS FOR ENQUIRIES CALL US AT TEL *****W/FAX: TOtm
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  • Page 50 Miscellaneous
    • Miscellaneous
      Page 50 Miscellaneous Column 1
      481 50 TODAY'S TIDES (hajftt in metres) Han MM IIM KM UM MM MM MM t)W MM MM IM 11M 12M DM 1«M IMO lMt 1)M INI IJM MM ?1M 22M ZJM JR 1.4 19 22 23 23 19 16 13 1 1 1 1 12 16 21 2 7 29 28
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  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      1121 51 I HYUNDAI MERCHANT JVI ABIWE CO, LTDWESTBOUND TO EUROPE VESSELS PKA+ PKE PGP 4- SIX I RTM AWT* LEH* HIM BK£| PEL SI. FREEDOM 301W 09/10 09/10 09/10 11/10 30/10 30/10 31/10 31/10 31/10 03/11 Si. MARINER 301W 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXPLORER
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      Page 51 Advertisements Column 2
      442 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VtSSII MT SP ft IK II UKHIN 21 Ul CCBIIC nOMil 25 PT 4/11 r WM» LOWI II S/ll coasmis sky 2 I'll I il SKI lACOYA M I II 11/11 TIMS UTI II 12/11 14/11 Ml 11/11 TUfIK
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      Page 51 Advertisements Column 3
      909 51 ~T7.' V MM V WBfo k I ]m I EXPORT JEDDAH/UK/CONTINENT I STOW lED STON HUM CDAM UN •Mm Accepts* Carfo f« FKAMFUKI (V 44/339 4/11 21/11 21/11 2S/1I 27/11 Satfhanptn to <1 UK dntiutum. Mat and Out* IA SN 21/141 l/ll 17/11 11/11 27/10 2S/1I totttrtfan tf d Antwwp
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  • Page 52 Advertisements
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      Page 52 Advertisements Column 1
      115 52 E f Every Saturday in Business Times S-- jM lIP to'; s ><.< <r >• V > By i-rvv fcvi.., A r ><•: .".t i A 'V V I' *.M J 1 :r.V ."> -;C- .•< V •''V. .j J k I, >■ y m f fr' SOME OF OUR
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      Page 52 Advertisements Column 2
      39 52 Every Saturday in Business Times FREIGHT FORI KLANG/PAPUA NEW GUINEA FREIGHT REQUIRED OCT '92 SHIPMENT PORT KLANG/ ALOTAU, PNG 800MT BAGGED CARGO AND PRE-SLUNG. KINDLY SEND FIRM FREIGHT OFFER BASIS FILO/FULL LINER TERM BY TELEX TO RS ***** CAMS.
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