The Business Times, 17 November 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUS/MESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, November 17, 1992 75'
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  • NEWS SUMMARY
    • 67 1 WASHINGTON An increase in light truck manufacturing helped push the US' industrial production 0.3 per cent higher in October, the government said last week. The report fits in with most economists' belief that the economy in the last month or two has begun
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    • 42 1 COLOMBO A Tamil suicide bomber crashed his bomb-laden motorcycle into a car carrying Sri Lanka's navy commander yesterday, killing Vice-Admiral Clancy Fernando, his bodyguard and the driver. The vice-admiral's personal assistant died later in hospital.
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    • 30 1 WANG Computers Pte Ltd, the Singapore subsidiary of the troubled US-based computer giant, retrenched 11 people, a fifth of its local workforce, early last week Page 2
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    • 29 1 FILIPINO-Chinese tycoon John Gokongwei Jr plans to float later this year a five billion peso public offering, the biggest in Philippine stock market history Page 3
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    • 31 1 THE high-performing East Asian economies' rapid growth in productivity was due to their superior export performance, said John Page, a senior adviser at the World Bank Page 3
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    • 33 1 A SINGAPORE architectural firm has clinched a deal to draw up a master plan to redevelop the former US naval base at Subic Bay in the Philippines Page 3
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    • 27 1 ASEAN is likely to see a decline in the number of tourists from the Single European Market, warn tourism experts and officials Page 8
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    • 29 1 ARTHUR Dunkel, directorgeneral of the General Agreement on Tariffs and Trade, is optimistic about averting a trade war between the US and the European Community. Page 9
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    • 27 1 HOMEGROWN Sea Consortium Pte Ltd has invested $5.2 million in two restored shophouses at Duxton Hill to house its growing staff. Shipping Times Page 1
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  • MARKET SUMMARY
    • 45 1 WALL STREET share prices opened slightly lower yesterday, with news of a better-than-expected rise in US industrial production in October failing to encourage investors. The Dow Jones index of leading industrial stockes was down 5.42 points at 3,227.61 five minutes after the opening.
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    • 24 1 LONDON share prices were lower at midday yesterday. At about 12:30 pm, the FT-SE 100-share index was down 4.4 points at 2,639.1.
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    • 29 1 MALAYSIA'S New Straits Times Press has posted 25 per cent higher net earnings of M 568.89 million fof the year ended Aug 31,1992. Page 4
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    • 25 1 CHEMICAL Company of Malaysia Bhd is seeking to sell its fertiliser business under its 50.1 per cent-owned subsidiary ICI Fertilizers Page 4
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    • 25 1 PANG Kim Hin has resigned as executive chairman and company director of Van der Horst Ltd, the company announced yesterday Page 4
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    • 31 1 SHANGHAI Petrochemical Complex has been granted approval by the Chinese authorities to be the first mainland firm to take a primary listing in Hongkong Page 5
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    • 35 1 IT is "absolutely disgraceful" that banks in Hongkong have stopped reporting suspicious account transactions that could be linked to drug trafficking, said by a senior government official in narcotics control. Page 7
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    • 29 1 Monday Change BT-MGA 667.26 -16.21 Kuala Lumpur ....646.25 -4.37 Tokyo 16.162.99 -167.80 Hongkong 6,294.33 -71.73 Sydney 1,357.2 -14.5 Friday Change New York 3,233.03 -6.76 London 2.697.5 -28.9
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    • 22 1 Exchange rates USS s$ 1.6340 100 Yen S$ 1.3140 M$ SS 0.6479 Money market rates Overnight 1 -3/4 3-month 2 unch
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    • 36 1 London Gold AM fix US$5333.20 US$2.80 Rubber S pore Dec 146.50*/kg +0.50 M'sia Dec 222.50«/kg unch KL Tin Turnover 27tonnes -38 Spot MS 14.36/kg -0.09 Crude palm oil Turnover l,360Jots -507 Dec MS976 /tonne +6
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  • 616 1  -  Lee starts chemotherapy, Ong decides against treatment for the moment By Margaret Thomas SINGAPORE Deputy Prime Ministers Lee Hsien Loong and Ong Teng Cheong both have lymphoma, or cancer of the lymphatic system, the government announced yesterday. BG Lee, 40, began an 18week
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  • 544 1  -  Sale of GE Life policies redraws battle lines in industry By Kooi Cho Teng SINGAPORE A surprise decision by the huge OCBC Bank to start selling life insurance has turned up the heat in the already fierce battle among life insurers for
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  • 454 1  -  Bailout will set a bad precedent, says minister From Maggie Ford in JAKARTA THE Indonesian Government has said it will not bail out troubled Bank Summa, which was suspended from clearing operations by Bank Indonesia, the central bank, after a run on
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  • 179 1 South China Morning Post HONGKONG Mainland Chinese companies are being milked of millions of dollars by commodity traders through an elaborate network of blackmail and bribery. Operating through underground subsidiaries in Shenzhen, dealers target poorlypaid senior managers in state enterprises using such lures
    South China Morning Post  -  179 words
  • 140 1 AFP, Reuters BRUSSELS France has released a document described by analysts as a time bomb primed to explode yesterday at a meeting here of agriculture ministers which was focusing on a negotiating strategy for a new round of EC-US talks on their farm
    AFP,; Reuters  -  140 words
  • 288 1 SINGAPORE Rumours that Singapore's two deputy prime ministers had cancer depressed share prices across the board yesterday. The benchmark Straits Times Industrials Index retreated 32.53 points, or 2.2 per cent, to 1.414.27 on nervous selling. An official statement on the medical condition of
    288 words
  • Page 1 Advertisements
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    • 7 1 Confidence in stock market shaken, Pg 5
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  • PAGE 2 NEWS
    • 340 2  -  Yesterday in Parliament Reports by Chuang Peck Ming, Colin Tan SINGAPORE The Singapore National Employers' Federation (SNEF) did no wrong when it voiced concern on a court's recent ruling to stop Singapore Airlines from tying wage increase to productivity
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    • 148 2 SINGAPORE A committee of representatives from government, labour and management may be formed in 1993 to review the flexible wage system and suggest improvements. Labour Minister Lee Boon Yang said he will be asking the National Wages Council (NWC) to set
      148 words
    • 191 2 SINGAPORE Stiffer penalties for "chronic and habitual" traffic offenders have been introduced in Parliament. The Road Traffic (Amendment) Bill, if passed, will raise the maximum fine from $1,000 to $10,000 for people who drive while disqualified by a court. The jail sentence will be
      191 words
    • 309 2 THE government will not introduce concessionary property tax rates for owner-occupied commercial and industrial premises, Finance Minister Richard Hu said yesterday. A concession would discriminate against businesses that operated from rented premises, and distort businessmen's choice towards buying rather than renting properties. Under existing regulations, owners of commercial and
      309 words
    • 296 2 SINGAPORE The income ceiling for Housing and Development Board (HDB) flat applicants will be revised from next month. Beginning Dec 1, the combined income of members of a nuclear family applying for new HDB flats must not exceed $7,000. The
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    • 210 2  -  By Hong Lee Tiam SINGAPORE The growth potential of three-star accommodation in the Asia-Pacific region will be phenomenal, according to two speakers at the Ascan Hotel Week Conference yesterday. Brian Dceson, the president and chief executive officer of Hongkong-based Century International
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    • 61 2 IN BTs Nov 10 report "HP gives Singapore office global role", it was mentioned that Hewlett-Packard could invest as much as Ss7o million in its local operations. The company has clarified that the figure is US$7O million and that Singapore shipments of HP ink-jet printers, excluding the
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    • 329 2  -  Company to consolidate operations in Hougang By Moiz Tyebally SINGAPORE In a cost cutting exercise, Wang Computers Pte Ltd the Singapore subsidiary of the troubled US-based computer giant retrenched 11 people, a fifth of its local workforce. early last week. Those retrenched came
      329 words
    • 389 2  -  By Harish Mehta SINGAPORE A Malaysian firm and its Singapore subsidiary launched their second weekly newspaper in Phnom Penh yesterday, and have also been given the nod to start Cambodia's first independent television channel. Kuala Lumpur-based Asia Public Relations group expects to go
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    • 242 2  -  From Joseph Rajendran in KUALA LUMPUR THE Malaysian government has formed a high-level committee to implement a com-puter-based system for clearing trade documents. The committee, chaired by International Trade and Industry Minister Rafidah Aziz, will include officials from other
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    • 358 3  -  From Al Labita in MANILA FILIPINO-Chinese tycoon John Gokongwei Jr plans to float late this year a five billion peso (SS33O million) public offering, the biggest in Philippine stock market history. The flotation involves 1.09 billion shares of JG Summit Holdings, Mr
      358 words
    • 220 3 SINGAPORE A local architectural firm has clinched a deal to draw up a master plan to redevelop the former OS naval base at Subic Bay in the Philippines. Goh Hock Guan Design Team Singapore said yesterday that Olangapo City Mayor Richard Gordon, who is
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    • 273 3 SINGAPORE Senior Minister Lee Kuan Yew leaves Singapore today for a five-day visit to Manila and Tokyo. During his visit to Manila, Mr Lee will hold talks with President Fidel Ramos and address the 18th Philippine Business Conference organised by the
      273 words
    • 519 3  -  Reports by Anna Teo SINGAPORE The highperforming East Asian economies' rapid growth in productivity was due to their superior export performance, according to a World Bank economist. John Page, a senior adviser at the World Bank, presented preliminary findings from a
      Photo by Arthur Lee  -  519 words
    • 289 3 SINGAPORE World Bank adviser John Page was inundated with queries on his views of the Alwyn Young study comparing the productivity of Singapore and Hongkong. A recent study by Massachusetts Institute of Technology economist Alwyn Young showed that Singapore has
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  • Page 3 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 44 4 SINGAPORE Powermatic Data Systems Ltd is launching its initial public offering today with an issue of 10 million new 10-cent shares at 45 cents each. Another seven million new shares will be placed privately with brokerage houses at 47 cents each.
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      • 33 4 KUALA LUMPUR The Securities Commission, a onestop regulatory authority to succeed the numerous agencies Overseeing the local securities industry, is expected to be operational from Feb 1.
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      • 62 4 KUALA LUMPUR Affin Holdings Bhd, a member of the Lembaga Tabung Angkatan Tentera, has forecast a group consolidated pre-tax profit of M 589.3 million (5557.8 million) for the year ending Dec 31, 1993. Affin, which proposes to acquire Perwira Habib Bank Malaysia Bhd, estimated group consolidated
        62 words
      • 43 4 SINGAPORE Asian securities analysts have voted Singapore Airlines' managing director Dr Cheong Choong Kong the Chief Executive Officer of the Year (transportation category) for the second consecutive year. The annual event is organised by Financial World.
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    • 434 4  -  Chemical group will expand lucrative paints sector By Genevieve Cua SINGAPORE Kuala Lumpur-listed Chemical Company of Malaysia Bhd (CCM), a joint venture with chemicals giant ICI pic of the United Kingdom, is seeking to sell its fertiliser business under its 50.1 per centowned subsidiary
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    • 323 4  -  Rise in ad revenue and circulation boosts profits By Lilian Ang SINGAPORE Malaysia's New Straits Times Press yesterday reported that net earnings for the year ended Aug 31 jumped 25 per cent from a year earlier to M 568.89 million
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    • 197 4 SINGAPORE Marine engineering group Van der Horst Ltd (VDH) announced that Pang Kim Hin resigned as executive chairman and company director yesterday, the latest development following the proposed sale of VDH to unnamed parties. Loss-making VDH was controlled by listed packing group Pacific Can
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    • 251 4 SINGAPORE The participants in the DBS Charity Investment Race have improved their takings to almost Si million. The results up to the end of last month showed six teams in the black with a combined profit of $985,530, up from $935,614 at the
      251 words
    • 204 4 SINGAPORE Keppel Shipyard Ltd has completed the US$l4 million (Ss22 million) conversion of an Indo-nesian-owned tanker into a floating storage and offloading vessel. The 178,351 deadweight tonne vessel, formerly the Maxus Intan, is owned by PT Perusahan Plelayaran Nasional Tasikmadu. Renamed the Intan, the
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    • 151 4 SINGAPORE The Singapore Bus Service has formed a wholly-owned subsidiary SBS Leisure Pte Ltd to run bus services to Sentosa next month. The directors of the company are Michael Wee Soon Lock and Tan Kong Eng. SBS Leisure has an authorised capital
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    • 987 4  -  THE HOCK LOCK SIEW COLUMN Current correction ideal for those who missed out the first time round By Mano Sabnani SINGAPORE We all know the investment axiom: "Enter the market when it is dead. Jump on the bandwagon and end up paying excessively." Alas,
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    • 418 5 Sunday Morning Post HONGKONG Shanghai Petrochemical Complex has been granted approval by Chinese authorities to be the first mainland firm to take a primary listing in Hongkong. As China's sixth-largest petrochemical firm, Shanghai Petrochemical, with 63,000 employees, is the second-larg-est of nine
      Sunday Morning Post  -  418 words
    • 240 5 Reuter BRISBANE Diversified Australian miner MIM Holdings Ltd said it will proceed with the As2so million (SS2BO million) development of the McArthur River zinc-lead-silver mine in the Northern Territory. MIM said it and its venture partners, four major Japanese companies, have exercised
      Reuter  -  240 words
    • COMPANY BRIEFS
      • 73 5 HONGKONG San Miguel Brewery Ltd, a listed subsidiary of San Miguel Corp of the Philippines, has declared a third interim dividend for 1992 of four HK cents against five cents previously. The company manufactures and distributes draught, bottled and canned beer for local
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      • 58 5 Cable Wireless unit raises stake MANILA A Philippine subsidiary of Cable and Wireless has been allowed to increase its investment in a US$l4 million (5522.8 million) joint Asean cable firm, a government spokesman said yesterday. Eastern Telecommunications Philippines Inc, the local subsidiary, will put in US$2.3 million more to improve
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      • 78 5 PERTH The retrial of bankrupt businessman Alan Bond for dishonesty began in the district court here yesterday. Bond, 54, was sentenced to two-and-a-half years' jail after a first trial in May, but the conviction was quashed by the Court of Criminal Appeal in August. John
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      • 62 5 SYDNEY Building products group Boral Ltd said net profit for the first four months of its fiscal year to June 30, 1993, is likely to be about 5 per cent above that for the same period last year. Boral's Australian operations continued to benefit
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      • 60 5 TOKYO Sony Music Entertainment (Japan) Inc said yesterday that its pre-tax earnings jumped 48.9 per cent to a higher-than-expected 12.7 billion yen (Ssl66 million) in the six months to September. The company, the domestic software unit of electronics giant Sony Corp, said sales grew 11.1
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    • 436 5 fMUMjgr Reuter JAKARTA The nearcollapse of Bank Summa is yet more bad news for the Jakarta stock market, which has been struggling against high local interest rates and a series of company scandals that already were deterring foreigners. "Many foreigners will just
      Reuter  -  436 words
  • Page 4 Advertisements
    • 159 4 IN THE MARKET PAGES Indon stocks slide 26 Thai stocks plunge 26 This announcement appears as a matter of record only. November 1992 U.S. $300,000,000 Asian Development Bank 6.125% Bonds due 1997 Price 99.46% Lehman Brothers Asia Wardley Limited S.G. Warburg Securities (Singapore) Chiao Tung Bank Chinatrust Commercial Bank The
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 329 6 •An electronic directory of names and numbers. Simply call up your colleague's name on the screen and the phone will automatically dial the #An LC p disp oy that can ti ted number Perfect if your memory isn't to three angles. So you don't have so good. to tilt your
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  • FINANCIAL NEWS
    • 411 7 South China Morning Post HONGKONG Banks have stopped reporting suspicious account transactions that could be linked to drug trafficking, a move described as "absolutely disgraceful" by a senior government official in narcotics control. The official claims the banks' move, made in response
      South China Morning Post  -  411 words
    • 161 7 AP NEW YORK Clark Clifford's lawyers were expected to challenge basic assumptions in the BCCI scandal when they stepped before a state judge yesterday and argued to dismiss an indictment against the former defence secretary. The pre-trial hearing was expected to provide detailed insight into Clifford's
      AP  -  161 words
    • 530 7  -  Opportunities may be found in soybean and cocoa futures THE SANG KANCIL By Paul Leo The Sang Kancil weekly column tracks the profit/loss of a l'Ssso,ooo live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency,
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    • 364 7 Bloomberg HONGKONG Hongkong's life insurance industry is expected to continue to grow at a rapid pace due to rising economic growth, greater awareness of the need for such protection and more varied products, Hongkong and Shanghai Banking Corp says in its latest
      Bloomberg  -  364 words
    • SMALL CHANGE
      • 63 7 BANGKOK The Thai government will allow finance firms to open branches outside of Bangkok by April, said The Nation newspaper yesterday. This would enable the firms to help in the government's aim of spreading wealth to rural areas, the English language
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      • 81 7 WELLINGTON Merchant bank Fay Richwhite Co said it would pay shareholders NZ$4O million (Ss34 million) as a special dividend to mark the successful sale of its 23 per cent holding in the Bank of New Zealand. Sir Michael Fay, joint managing director, told the annual
        81 words
      • 82 7 TOKYO Daiwa House Industry Co Ltd said it is issuing a US$3OO million (Ss4B9 million) bond with equity warrants, due on Dec 3, 1996. The signing of the issue will be in London on Nov 24, 1992 and the issue date is Dec 3, the company
        82 words
      • 45 7 TOKYO Japanese banks should rationalise further, including salary cuts, the managing director of Mitsubishi Bank Ltd told a news conference yesterday. "In addition to reducing staff, we should consider decreasing labour costs, including cuts in salaries," Shigemitsu Miki said.
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      • 68 7 LONDON A training video for bank staff* played a major role in trebling reports of suspected money laundering this year, the Bank of England said yesterday. The number of tip-offs, called "suspicion-based reports" in official jargon, is expected to rise to an estimated 12,000 in
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  • THE REGION
    • NOTE BOOK
      • 73 8 CANBERRA Indonesia's Industry Minister Hartarto Sastrosoenarto has been awarded Australia's highest honour, the Order of Australia (OA), coinciding with the first of a series of economic forums between the two countries. Australia has sent five ministers to Jakarta for wide-ranging talks with their Indonesian
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      • 49 8 JAKARTA A leading Indonesian publisher asked the Supreme Court yesterday to revoke a decree under which the government closed his newspaper, Prioritas, five years ago. Surya Paloh, who now publishes another Jakarta-based daily, Media Indonesia, said the decree seemed to contradict laws on press censorship.
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      • 100 8 BANGKOK US senators said on Sunday they will deliver a letter from President George Bush urging Vietnam to cooperate in accounting for missing US servicemen, an issue blocking normal relations between the two countries. Senator JohnF Kerry said he believed this was the first time
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      • 54 8 SETIAWAN, Perak Malaysia is keen to explore opportunities for participating in Namibia's mining and agricultural sectors, Primary Industries Minister Lim Keng Yaik said here on Sunday. He said he would hold discussions with Namibian officials during Prime Minister Mahathir Mohamad's official visit to Namibia and
        54 words
      • 49 8 KUALA LUMPUR Brunei plans to review its administrative structure and mechanisms for awarding oil exploration contracts. A senior official said yesterday the review followed a recent amendment to Brunei's Petroleum Mining Act which would accommodate "other than the present concessionary practice in petroleum mining".
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    • 278 8 NYT HANOI Vietnamese officials and foreign diplomats stationed in Hanoi agree that the exodus of illegal emigrants is slowing because of changes in the Vietnamese economy, a growing awareness that there is no opportunity for them to resettle in other countries and the end of
      NYT  -  278 words
    • 455 8 Formation of Single European Market next year will hit industry Bernama JAKARTA Asean must brace itself for the effects of the formation of the Single European Market (SEM) which is expected to result in a drastic fall in arrivals from Europe,
      Bernama  -  455 words
    • 301 8 BANGKOK Thailand will be a capital-surplus country before 2000, according to a forecast by Siam Commercial Bank president Olarn Chaipravat. According to a Bangkok Post report, Mr Olarn said he expected Thailand's current account deficit to decrease further until it becomes
      301 words
    • 377 8 Bloomberg HONGKONG The Hongkong government isn't losing any sleep over recent announcements by several large companies of plans to shift some clerical jobs to southern China because of the cheaper land and labour across the border. With an unemployment rate of only
      Bloomberg  -  377 words
    • 229 8 Reuter WELLINGTON A coalition of five small New Zealand parties, led by a man who says: "Read my lips, we will raise taxes", is threatening to end the traditional two-party stranglehold over the country's politics. The Alliance Party, a disparate coalition of dissenting groups
      Reuter  -  229 words
  • Page 8 Advertisements
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  • THE WORLD
    • 340 9 Reuter WASHINGTON A top world trade official said on Sunday he was optimistic about averting a trade war between the US and the European Community. "I think there is now a real political will (to reach a solution) and 1 hope this
      Reuter  -  340 words
    • 204 9 Reuter AMSTERDAM Listen to politicians or businessmen and the message is clear the General Agreement on Tariffs and Trade (Gatt) must be salvaged for all our futures. But to environmentalists, Gatt is a four-letter word. For them, the world trade body represents the
      Reuter  -  204 words
    • 528 9 Reuter BOMBAY Pressure is mounting on India from international institutions and business leaders to maintain the momentum of its bold economic liberalisation programme, but the next phase could be tougher to implement, economists say. While inflation has come down, it remains close to double
      Reuter  -  528 words
    • 131 9 UPI TOKYO Two US ceramics makers have filed complaints with the Commerce Department charging that parts imported from Japan and other countries threaten national security. According to the Yomiuri Shimbun, the complaints were filed on Nov 10 by Coors Electronic Package and Ceramic Process
      UPI  -  131 words
    • WORLD WATCH
      • 75 9 LONDON A mass-circulation British newspaper said yesterday that Prince Charles wants to renounce his right to the throne and let his son William become the direct heir to Queen Elizabeth. The sensationalist Sun said the Prince had told the Queen he would step aside
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      • 72 9 TAIPEI Most Taiwanese businessmen investing abroad preferred to do so in China, the semi-official Central News Agency quoted a government survey as saying. The survey, by the Cabinet's Council for Economic Planning and Development, showed that about 80 per cent of local businessmen planning to invest abroad
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      • 60 9 CAIRO Israeli Foreign Minister Shimon Peres said self-government for the Palestinians will include control of the land they live on, a crucial issue for people who have lived for 25 years under Israeli military occupation. Mr Peres said here on Sunday that he could even imagine
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      • 56 9 STOCKHOLM Three days before the Swedish Parliament holds a key vote on Europe, an opinion poll on Sunday confirmed growing opposition among voters to full membership of the European Community (EC). Parliament is due to vote tomorrow on ratification of the European Economic Area (EEA), a
        56 words
  • Page 9 Advertisements
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  • 482 10 EDITORIAL A HARSH winter has settled down on the bleak Russian landscape. Moscow's sub-zero temperatures have historically been a fertile ground for coups* and revolutions. Last year, Mikhail Gorbachev lost his job in the gloom of winter because the country he headed disappeared from the face
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  • WHAT THE OTHERS SAY
    • 290 10 THERE HAVE BEEN at least 10 deaths in 1,600 attacks on foreigners this year. Some Germans had been bloodied, mistaken for foreigners. Most worrisome, most incidents have taken place in the rich western half. If there is the faintest suspicion that this is the resurgence
      290 words
    • 110 10 THE PROPONENTS of an institute for Islamic studies here might be disappointed with the report that the Siglap Mosque Management Committee had decided to postpone its plan to set up such an institute. The decision was made for financial reasons and also because of the problem
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    • 115 10 ACCORDING to the Singapore Tourist Promotion Board, there was an 84 per cent increase in the number of mainland Chinese tourists in the first nine months this year and a 39.7 per cent rise in the number of Taiwanese tourists in the first eight months compared to
      115 words
  • REGIONAL VIEWPOINTS
    • 183 10 THE VOLUME on the background music as the governor dismissively described China's propaganda barrage against his election reform proposals has been turned up in recent weeks. Despite all the sound and fury, the Legislative Council voted on Wednesday in favour of the political blueprint laid out by
      183 words
    • 189 10 SIX YEARS AGO, people of the world were waiting for a global open market system where goods, services and capital would be free to travel or take root and multiply without being held up for too long at borders. Try a new dream. It's called Afta.
      189 words
    • 133 10 IT IS PROBABLY not exaggerating to say that the 3,800-ton Akatsuki Maru, now sailing from France to Japan, is the deadliest ship afloat in the world. In its holds are 1.7 tons of plutonium, the largest ever shipment of the deadly radioactive substance by sea. Plutonium is
      133 words
  • 884 10  -  From Hongkong, Stephen Vines reports on the rising tension in the colony as Beijing rails against the governor and he hits right back Stephen Vines The writer, a Hongkong-based journalist, contributed this article to BT LIU Yiu-chu, a Hongkong member of China's parliament, the National People's
    884 words
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  • Page 10 Miscellaneous
    • 36 10 DOONESBURY GARRY TRUDEAU NOU, SAMANTM, IUJANT WZ'&INUICK! YOU TOOE6OOPAS GOLP, J r A BEACH FULL OKAY* YOUR. HAS A g O'BA&eS' F&U MI9GVING6 ABOUTfIIZ, C~~. AND ME HAVE WSHOUJ PR j>C^ HIM HE CAN WUST V
      36 words

  • ANALYSIS
    • 866 11  -  Michael Richardson looks at the lure of China's huge consumer market and enormous pool of cheap manpower Michael Richardson IHT WHILE China's rapid economic growth and opening to foreign investment are having a beneficial ripple effect throughout East Asia, some countries
      IHT  -  866 words
    • 1449 11  -  Richard W Stevenson discusses how the European Community's free trade quest is being hampered by national needs Richard W Stevenson NYT FOR Philips Electronics, a single European market means the Dutch company can ship compact disc players from Belgium to Spain without the
      NYT  -  1,449 words
  • Page 11 Advertisements
    • 169 11 i 7 i^npp JLki 4 > 7400-***** Patented Design |M|l Stainless Steel Auto Chronograph jfiE? r w^B Sapphire Crystal /j!r I Also Available in Bi-colour Or /JtE H 18K 10 Microns Electroplated H I BoreL I Original Swiss Watches Since 1856 *>'•". More than 135 years of experience and patiently
      169 words

  • Page 12 Advertisements
    • 839 12 Nothing Beats A BucLlfttM where to wine, dine QP > ir fI "j y.j ii jCT" Unique cultural flavours of 'Ping Tan' served for lunch and dinner. Catch this delightful and ancient cultural performance while savouring our culinary delights from 16-22 November at the Hen Court Restaurant. Call 739 3193
      839 words
    • 283 12 WE VE JUST BRED A NEW WINNER at The Stables sgSjUmrn^m ',».^!^HM• The Businessmen's Derby Lunch A delectablc choice of appetisers and soup. followed closely by your pick from five delightful (C main dishes and a selection of desserts Finish •m toffee or tea Only $28.00 jiyipcrr bkniMrfafnn JJ3 Orchard
      283 words
  • Page 12 Miscellaneous
    • 694 12 TELEVISION AND RADIO I\L*\\7 ncirtv ***** skssro.™ business on radio L/Vdvl X UCU I Y 7JS Opening foUawed by to- IS! Of**.*"!™ SS !SL SucilM> BBC. 88.9 mHz in VHF Bjnd II r J pan Business Today. Qua«ti«n Leap —It s a Won- 7.00 CNN. 7.05 am, S.ospm, X.OSmn: World
      694 words

  • LIFESTYLE
    • 376 13  -  Singapore's Hi! Theatre talks to Shoeb Kagda about its reprise of an Arts Festival concert Shoeb Kagda ZAP! QUACK! Whee! No it's not Calvin and Hobbes going after each other 'though it comes pretty close but Hi! Theatre's hilarious comedy acts. As the title suggests,
      376 words
    • 914 13  -  Despite rumours, the director's latest movie, which is true to Bram Stoker's 1897 novel, was completed on time and within budget, reports Janet Maslin Janet Maslin NYT FRANCIS Ford Coppola once offered to share a waffle with a friend. Then he cut the waffle into the shape of
      NYT  -  914 words
    • 430 13 C# H E VK13 ORSON WELLES' classic 1941 film Citizen Kane remains the best movie ever made, an international panel of top critics and directors said on Monday. The black and white film which Welles wrote, directed, produced and starred in when he
      430 words
  • Page 13 Advertisements
    • 148 13 AND ENTERTAIN The Orient Express Capture the spirit of the Orient with culinary flavours from the Chinese kitchen Every Tuesday Buffet Lunch from 12 pm at S 19.50++ Buffet Dinner from 6.30 pm at $21.00++ For reservations, please call ANA HOTEL 732-1222 extension 1700 SINGAPORE W. IT'S AN ELEPHANT. IT'S
      148 words
    • 259 13 2 Nov to 30 Nov '92 the hypochondriac, the Chinese herbal concoction of a variety of health soup at China China Restaurant will be just the thing that will inject energy and strength into your life. A different soup is served everyday of the week. Prices range from $12.00 to
      259 words

  • FOCUS
    • 996 14  -  Concerned Western voices calling for the support of economic reform and democracy in the former Soviet Union have been greeted with scepticism in Moscow. John Helmer examines why John Helmer Russian officials have grown accustomed to statements of support from Western
      996 words
  • Page 14 Advertisements
    • 180 14 When you Because car instant feedback from the road cornering; a new highly advanced front wheel drive system totally eliminates torque steer. alloy wheels, multi speaker CD sound system, ABS and sea s e a suspension, tranverse 5 The unique suspension incorporates a patented leather trimmed plush seats. In addition,
      180 words

  • Page 15 Advertisements
    • 747 15 mwMllllllfa.ssa ADVANCED DEFINITION DRAMATIC VISION HUM TOSIIM m BHH H H H B ■■■■■■■■■■■■■aßsaii n n 1111 BB BB B H 111 111 ■Kir 111 888 ibbbb B H H 888 ■H■■■■■ IB ■■■■■B 11 mi ■BB ■BB lill la iiiui iiisaii H^B. iiaimik. IBBBBBBBBBh»JL«rfBBBBBBBBBI H H H H H
      747 words

  • INNOVATION & TECHNOLOGY 1
    • 871 16  -  Claire Leow pops over to Tech Semiconductor at Woodlands for a peek at the plant and its product Claire Leow NEXT year, when the Mass Rapid Transit extension to Woodlands is ready, it will run by the beautiful Bukit Timah Expressway, which cuts through a luscious
      Photos by Chris Loh  -  871 words
    • 400 16 '93 The year of the Dram THE high-tech semiconductors to be built next year by Tech will be capable of holding 16 million bits of data on a chip no larger than 140 sq mm the size of a thumbnail. The chips called 16 megabyte Dram (dynamic random access) chips
      400 words
    • TECH TAKES
      • 58 16 SINGAPORE Third-party software supplier SAS Institute will release an Alpha AXP version of its integrated data management software. The version is called the SAS System. Alpha AXP is Digital Equipment's 64-bit Rise microprocessor the technology that supports open systems. The first Alpha AXP-based products will
        58 words
      • 81 16 SINGAPORE The International Software Competition 1992. organised by the National Computer Board, starts soon when teams from 14 countries arrive to fight for a place in the finals on Nov 25. The competition, now in its fourth year, has attracted teams from Indonesia, Malaysia, Thailand, the Philippines,
        81 words
      • 69 16 SINGAPORE Honeywell has opened a wholly-owned Thai affiliate, Honeywell Systems (Thailand) Ltd, to provide sales, marketing, engineering and maintenance back-up for its industrial process control systems, building automation, fire and security systems. Markos Tambakeras, president of Honeywell Asia-Pacific, said the time was right for Honeywell
        69 words
      • 97 16 BOSTON David Stone, vice-president of software and a key strategist for Digital Equipment Corp, last week resigned from the struggling computer giant to become president of AT&T's Operations Systems Business unit within AT&T Network Systems in Morristown, New Jersey. The unit of American Telephone Telegraph Co
        97 words
    • 601 17  -  A joint venture company has come up with a less harmful form of galvanising. Helen Chang reports Helen Chang IN A BIG steaming vat in Tuas lies a tub of silver liquid which does wonders for your car. It stops rust. This process of
      Photo by Arthur Lee  -  601 words
    • 261 17 FT Microsoft and Intel, the software and semiconductor champions of the personal computer industry, aim to bring moving pictures into the mainstream of personal computing with technology that enables most PCs to display video images. "Video for Windows", a Microsoft program
      FT  -  261 words
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  • Page 17 Advertisements
    • 303 17 mam t 1 H IMIIIIIIIIIiIITT^^^^H^H 2 //f///fl ||||lii|i||l|l||] I IlilillJiltllli^^^lHH V //////J J llljjk■ B yffff'i |i 1 a:| iM II Absolvmeht Any Job. Any Career. Available Any Day. Any Time. Anywhere. the Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Shin Min Daily
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  • SPORTS 1
    • 510 19 AP ANTWERP, Belgium Richard Krajicek of the Netherlands used his unstoppable serve to overpower Australian underdog Mark Woodforde 6-2, 6-2 on Sunday to win the US$l.ll million (Ssl.7 million) European Community Championship. In a final pitting power against finesse, it was no contest. Krajicek served
      AP  -  510 words
    • 423 19 UPI NEW YORK The chase that will motivate her all through 1993 already has started for Stefli Graf. Nearly two years ago, on March 11, 1991, Monica Seles dethroned Graf as the world's No 1 woman tennis player. Graf had reigned for a
      UPI  -  423 words
    • SIDE LINES
      • 82 19 MOSCOW Marc Rosset of Switzerland overpowered CarlUwe Steeb of Germany 6-2, 6-2 on Sunday in the men's singles final of the U*****,000 (*****.000) Kremlin Cup tournament, taking the top prize of U5545,000. It was the first tournament victory in two years for the eighth-seeded
        82 words
      • 89 19 THE HAGUE Dutch champions PSV Eindhoven's unbeaten start to the season ended on Sunday when they were beaten 2-0 away to FC Utrecht. But closest rivals Feyenoord, who have a game in hand, missed the chance to move within two points of the league leaders
        89 words
      • 90 19 LONDON Veteran jockey Lester Piggott returned to Britain on Sunday and said he was making a good recovery from injuries caused in a fall in the US Breeders' Cup last month. With a bruise on his cheek as the only visible sign of his injuries, Piggott
        90 words
      • 94 19 ATLANTA Richard Petty, stock car racing's all-time victory leader and most popular driver, ended his 35-year career on Sunday a couple of hundred laps before he planned, but in triumph nonetheless. Petty was caught in a multi-car pileup at the end of the 95th
        94 words
    • 518 20 AP KAPALUA, Hawaii Davis Love eagled the par-5 18th hole from 12 metres on Sunday to break a tie with Mike Hulbert and win the US$BOO,OOO (S$ 1.3 million) Kapalua International golf tournament. Love's final of 6-under 67 gave him
      AP  -  518 words
    • 203 20 Reuter ADELAIDE The legendary Sir Donald Bradman, ever watchful of his wicket during an illustrious career, was not so careful about the caps awarded for each test he played in fact he has lost them all. Cricket's greatest batsman, now 84, has given
      Reuter  -  203 words
    • 481 20 AP LAS VEGAS Busy, busy. That's how it is going to be for Riddick Bowe, boxing's new heavyweight champion, in the weeks ahead. On Saturday, after his victory over Evander Holyfield the night before in Las Vegas, Bowe conjured up
      AP  -  481 words
    • 308 20 NYT FUKUOKA, Japan The tremendous pressure of being in the national media spotlight appears to have softened sumo wrestler Takahanada. The strength and power that led to a 14-1 record and a tournament championship for Takahanada, 20, arguably Japan's most popular
      NYT  -  308 words
  • Page 19 Advertisements
    • 180 19 SINTAT DELIVERS ON TIME 0R... 7 4, A- O THE CAR FREE FOR THE DAY. Sintat understands how important time is for businessmen. If we deliver late, we know it can be costly for you. So now, if you book a Sintat car to be delivered at a particular time,
      180 words
    • 149 19 We've Got It All Together Igra««§ft Vi -£r *8 fcJUIiSRt' Su-*® 1 v-t ciSs&jfe? BIN i iSnfK JM dH *8kb We 're looking forward to welcoming you on board our new advantage. So start your South African adventure at Changi Wednesday morning service to Johannesburg. You'll experience a Airport, after
      149 words

  • Page 20 Advertisements
    • 31 20 i£?~ maruman golf classic 9s 26 29 NOVEMBER sS^^r!^" CO-SPONSORS OftOAftSiO IT VOLVO 6*&S^ Pte. Ltd. cnocooU MTVWATtONAL O SEE THE REGION'S BEST GOLFERS IN ACTION FREE ADMISSION! ALL ARE WELCOME!
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    • 459 20 QUENVERDENA »»)f TRADING ENTERPRISE Jr Vn 531, Upper Cross Street #04-47/48/49, t/vv Jj) Hong Lim Complex, Singapore 0105. Telephone: 65-*****45 Fax: 65-*****60 BUSINESS OPPORTUNITY Inviting all Buyers, Traders and Businessmen to our PRESENTATION of a brand new unique consumer product that is definitely a must for almost every household in
      459 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3351 21  -  By Shoeb Kagda RUMOURS that First Deputy Prime Minister Lee Hsien Loong and Second Deputy Prime Minister Ong Teng Cheong had cancer took the market sharply lower yesterday. Speculation abounded that both men would have to step down, forcing a cabinet reshuffle. Nervous
      3,351 words
    • Article, Illustration
      86 21 UNITED Industrial Corporation has been on an upward trend since mid-August. The price line is also registering higher bottoms, which is a positive signal. With the dail) RSI turning up from about 50 and daily stochastics near zero, the stock ma> test the $1 level again in the
      SOURCE: BRIDGE INFO  -  86 words
  • Page 21 Advertisements
    • 66 21 QSreauS^D (y l>epuis 1775 j^*""ovmSf Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 > J Bft ~Jy A if Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS
      66 words

  • 3097 22 Roth Inds 50« 510 +5 +10% Ceretws 25* 376 +4 +11% NatSteel 50« 304 +4 +13% NatSteel Wt 83 2V? +3 1% Venture Mfg 25« 65 +2V, +4 0% Metalock 25' 127 +2 fl.6% Semb Maritime 232 +2 +0 9% Swens 5c 70+2 +2 9%
    3,097 words
  • Page 22 Advertisements
    • 29 22 BWith over 170 million cards honoured your p- you easy accessfo cash at 300/000 bankbrandie^^^S and ATMs worldwide. rou'vi got m§ whou world ana Aims wonawwe. IN YOU* HANDS-
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  • 3394 23 M Cement 50« 316 +4 +1.3% Tech Resources 98 +2'/? +2.6% (Iniphx Rts KLS 75 +2 +2.7% Kulim Msia 50* 103 +1 +1.0% Lien Hoe 80 +1 +1.3% MMC IC 136+1 f0.7% CASH 50* 59 +'/i +0.9% MBf Hldgs Bd97 44 Vj +1.1% Uniphx Rls
    3,394 words
  • Page 23 Advertisements
    • 1026 23 BUSINESS TIMES Toll free Tel No 737 0Q43 Fax No; 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF REBER KIKO (SINGAPORE) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At the Extraordinary General Meeting of the members of REBER KIKO (SINGAPORE)
      1,026 words
    • 345 23 In the Matter ot THE COMPANIES ACT. CAP. SO And In the matter ol EUMERITRAStA TRADING PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of Ihe Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company wMI be held at the office of Tan
      345 words

  • BT SHARE INFORMATION SERVICE
    • 221 24 Company Oat* Year Group Nat Net earnings Gross ann to profit/loss per share dividend (OOO) (cents) S Sateras Res Nov 13 Mar 92 M$2.111L($3.3.88L) SPH Nov 6 Aug 92 $186,682($153.802) 76(62 6) 27(25) GK Goh Nov 3 Jun 92 $8,582(110.107) 4 3(51) 10(10) Jaya HWgs Nov 3 Jun
      221 words
    • 102 24 Company Date Year Group Not Not earnings Gross ann to profit/loss per share dividend (OOO) (cents) Faber Nov 2 Jun 92 M$33,305(M$32.435) 39(86) H Leong Credit Nov 2 Jun 92 M$52,725(M$38,978) 241(21.5) 9(9) Reno rig Nov 2 Jun 92 MJ111.549 (MJ80.650) 7 7(56) Umphoemx Nov 2 Jul 92
      102 words
    • 238 24 Comoanv Ditc Hilf-ycir Group Not Interim ann to profit/toss dividend (•000) General Corp No* 13 Jul 92 M$2.378(J2,822) j Cement Nov 9 Sep 92 $5,875(55.740) -<-) Malayawata Nov 7 Sep 92 MJ25.552(J25.800) 5(2 5TE) Rothmans M Nov 2 Sep 92 MS102.434(MJ106.559) 60(50) Asia Pac Land Oct 29 Jul
      238 words
    • 770 24 Current Ex Boohs Date Total for Total for payment date dose payable the year last year Ami Steel 50c 12%(b) Nov 19 Dec 3 ian 2 12% 121 Mali Wdp 50c 6%(b) Dec 1 Dec 15 Dec 24 6% 6%N Bedfard 50c 1% Nov 2 Nov 16 Dec
      770 words
    • 418 24 Nov 12 Yeo Hap Seng Ltd plans to buy a warehouse and office site in Jurong for $14.35 m to expand its warehousing capacity. Goldtron Ltd has sold two-thirds of its stake in Heshe Holdings to First Capital Corp. Nov 11 AKance Tech will make a cash call
      418 words
    • 443 24 Company Rights Issue Guthrie GTS One tor one *< $0 23 per share Ei date Nov 26 Books dose Dec 8 Acceptance Payment NYA 0C8C One tor hve $3 00 per local share One tor hve «u J4 19 pet foreign share fixate Oct 8 Books close: Oct
      443 words
    • 267 24 GB Hokfings Ltd: EGM at 26 Jalan Terusan. Singapore 2261, on Wednesday. November 18. at 9.00 am Jurong Engineering Ltd: EGM at 25*Tan|ung Kling Road. Singapore 2262, on Thursday, November 19, at 10 00am Str Corporation Ltd: EGM at 252 Tembelmg Road, #02-07, Tembelmg Centre. Singapore 1542, on
      267 words
    • 146 24 Conversion Special Trdfj Scripless Conversion deadline Period Trading Com pan) starts (1DP) (ST) starts Bonvests Nov 9 Dcc 3 Nov 23 Dec 3 Dec 4 Chemical Ind Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Guthrie GTS Jan 5 Jan 26 Jan 13 Jan 26 Jan
      146 words
    • 355 24 In local cutt In S$ In USS d> )T >t dy yr No* 13 Index chge chge char thgt chgt ihgt World 380.7 -0.2 -6.7 -0.3 -8.8 0.1 -9.5 *E\FE 443.0 -0.3 -11.8 0.0-15.1 0.3 -15.7 Europe 418.3 -0.1 1.7 0.8 -7.6 1.1 -8.3 Pacific
      355 words
  • 593 24 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5511 25 Bernama SHARE PRICES ended lower yesterday in across-the-board profit-taking activity. In brisk trading, the KLSE Composite Index lost 4.37 points to 646.25 while the Industrial Index declined 12.02 points to 1,124.32 and the Emas Index edged down 1.50 points to 163.92. Losers led gainers by
      Bernama  -  5,511 words

  • CHINA STOCK EXCHANGES
    • 407 26 Reuter STOCKS continued their slide yesterday, with Shenzhen A shares plunging almost 11 per cent, while B shares aimed at foreigners tumbled 2.5 per cent, brokers said. The Credit Lyonnais CLSA All China Index plummeted 7.7 per cent to 1,471.67 from Friday, as
      Reuter  -  407 words
  • JAKARTA STOCK EXCHANGE
    • 954 26 Reuter STOCKS closed lower in quiet trade yesterday, broker said. They said a fiasco at local Bank Summa, which forced the family owner of Astra International to sell 40 million shares last Friday, had discouraged the market. "Bank Summa's case has worried investors," one
      Reuter  -  954 words
  • STOCK EXCHANGE OF THAILAND
    • 2114 26 STOCKS traded lower across the board in a quiet session yesterday due to investors' concern over whether exchange authorities will come up with any measures to deal with finance and securities firms' lending to stock investors, brokers said. The SET index lost 15.93
      Source: Bridge Info  -  2,114 words
  • Page 26 Advertisements
    • 182 26 YOUR VERY OWN HASSLE-FREE ELECTOONICJMEWS-CLIPPING^E^nCE! If news and other pertinent information on companies listed on the Stock Exchange And for subscription ft* of onlg $250 per month, you and your company can lllof Singapore Clob International are important to you and your business, then SPH subscribe to this specialised research
      182 words

  • TOKYO STOCK EXCHANGE
    • 2558 27 Reuter STOCKS succumbed to Monday blues and closed weaker though off lows in thin, featureless trade yesterday. Futures-linked selling squeezed prices while most investors, worried by political uncertainty and poor earnings results, continued to shun the market, brokers said. "Things have been very quiet, with
      Reuter  -  2,558 words
  • STOCK EXCHANGE OF HONGKONG
    • 2474 27 Reuter STOCKS finished sharply lower as the worsening SinoBritish row triggered profittaking largely by local investors yesterday, but a flurry of late buying retraced some early losses, brokers said. The blue-chip Hang Seng Index retreated 71.73 points, or 1.13 per cent, to close at I 6,294.83,
      Reuter  -  2,474 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2050 28 Reuter THE share market fell for the seventh straight day to end at a 21-month low yesterday ahead of the release of bank earnings results this week. Brokers also blamed the recent run of bad economic news and arbitrageurs for the continuing
      Reuter; Source: Bridge Info  -  2,050 words
  • REGIONAL STOCK MARKETS
    • Kiwi stocks up despite Aussie slump
      • 49 28 Close Previous No» 16 NEW ZEALAND NZSE-40 Capital 1.409 50 1.400.82 +8.68 MANILA Composite Index 1.339.57 1.346.92 -7.35 Turnover (mil pesos) 152.27 202.83 -50.56 TAIPEI Weighted Price Index 3.588.44 3.573.09 +15.35 Turnover (NTS billion) 5.85 7.7 -1.85 SEOUL Composite Stock Index 616.64 632.28 -15.64Turnover (billion won) 370.68 496.35 -125.67
        49 words
      • 389 28 SHARES are expected to be cautiously traded today as investors grow wary about a continuing slump in the neighbouring Australian stock market, where many stocks are cross-listed. In spite of the bear market across the Tasman Sea, the benchmark New Zealand Top 40 stock index managed a gain
        389 words
      • 554 28 STOCKS closed higher but off their intra-day highs in sluggish trade yesterday, brokers said. The Weighted Index, which edged just above 3,600 points at mid-moming before profit-taking set in, ended 15.35 points higher at 3,588.44. Turnover was NT$5.B5 billion. The financial sector closed 1.4 per cent higher as investors
        554 words
      • 507 28 SHARE prices dipped in light trade yesterday in the absence of any favourable developments but brokers said the outlook was not all that gloomy. The Manila Stock Exchange Com- posite Index fell 7.35 points to close at 1,339.57. "The market is skiing over the bottom, but given time and
        507 words
      • 757 28 STOCKS slid in very thin trading in what brokers described as a technical adjustment after the recent rally, but are likely to recover slightly aided by institutional buying, brokers said. The Composite Stock Index closed 15.64 lower at 616.64. Turnover totalled 370.68 billion won compared with 496.35 billion won
        757 words
      • 27 28 THE Bombay Stock Exchange was closed for settlements yesterday and will reopen tomorrow. Last Friday, the BSE 30-share index fell 55.13 points to close at 2,586.68.
        27 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1032 29 REPORTS THE US dollar ended an uneventful Tokyo session yesterday mostly higher on what traders called technical shortcovering after last week's rapid dollar falls for mark. A lack of fresh factors helped stall market activity. "Dollar/mark is now in a consolidation
      1,032 words
    • 330 29 IHT LONDON Sterling would rebound on any signs of an economic recovery or higher interest rates, but there is little prospect of cither, currency traders say, leaving Britain's bedraggled pound to drift lower. "Normally when a currency has a big fall, you look for a
      IHT; Source: TeleTrac  -  330 words
    • 1483 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.12 96.13 96 03 96.07 ***** ***** ***** Mar 93 96.19- 96.19 96.11 96.15 ***** 9909 ***** 96.18 Jun 93 95.75 95.78 95.71 95.73 ***** 6456 ***** Sep 93 95.35 95.37 95.26 95.32 5000 2362 3481
      1,483 words
    • 397 29 Cross rates Nov 16 I USS SS MS Dm Yen SFr AS NZS IJSS 1-6325 2.5190 1.5750 124.20 0.6472 1.4210 1.4430 1.9084 S$ 0.6126 1.5430 0.9648 76.0796 0.3965 0.8704 0.8839 1.1690 MS 0.3970 0.65 0.6252 49.3053 0.2569 0.5641 0.5728 0.7576 L&n 0.6349 1.0365 1.5994 78.86 0.4110 0.9022
      397 words
    • 596 29 Interbank rates S$ Bid Offer Overnight I 11/8^ 1-month I 5/8 I 3/4 2-month I 7/8 2 3-month 2 2 1/8 Overnight mode: 1-1/2 USS Bid Offer 7 days 3 3/16 3 5/16 1 month 3 1/4 3 3/8 2 months 3 7/8 4 3 months 3 7/8
      596 words
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  • COMMODITIES
    • 390 30 AFP SINGAPORE Rubber demand in the US is expected to grow by 8 per cent this year while the situation in Europe and Japan is likely to be less rosy, experts attending a major rubber industry meeting here said. The demand
      AFP  -  390 words
    • 266 30 Reuter HAVANA Cuba's nickel industry has found new markets to replace former Soviet bloc buyers and can operate competitively and increase production even under current lower world price conditions, according to a senior Cuban official. "Our industry has the capacity to compete in
      Reuter  -  266 words
    • 788 30 REPORTS THE PRICE of tin retreated to close nine sen lower at MS 14.36 per kg on the Kuala Lumpur Tin Market yesterday in the absence of fresh buying interest at the start of the week. Dealers said apart from the weakening
      788 words
  • 1534 30 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S ccntvkg) Close Volume Open Month High Low Sett (tonnes) Interest rw 9"» OOO OOO 146.50 0 2^75 Jan 93* 147.00 146.25 146.75 1.100 4.275 Feb 147.25 146.50 147.00 1.050 4.650 Mar 147.50 147.00 147.25 850 5.200
    1,534 words
  • Page 30 Advertisements
    • 243 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 CORRIGENDUM With reference to the application tor liquors licence by Wang Ah Moi in respect of M/s Yon Heng Eating House advertised on 10/***** in Business Times should read as Beer House. First Class and not as published
      243 words

  • 1293 31 City Flight ETA Flight ETD Aba Dhabi GA887 1230 GA892 0100 GA893 1400 GA886 2340 Adeiaide QF81 1935 QF82 2050 Amsterdam KL838 0040 GA893 1400 GA892 0100 KL837 1515 SQ338 2300 SQ323 1815 Athens SQ348 2300 Auckland NZ35 1425 SQ288 2045 SQ286 2045 NZ36 2235 Bahrain
    1,293 words
  • THE TRAVEL PAGE
    • 676 31  -  LETTER FROM GALLON JUG yy/// By Howard W French AT THE Chan Chich Lodge, a nature resort tucked amid Mayan ruins in the thick forests of this Central American nation, a handful of affluent Americans bend forward, squinting to detect the movement of birds flitting
      676 words
    • 151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1245 1.1405 Canadian dollar 1.2780 1.3040 NZ dollar 0.8462 0.8635 Sterling pound 2.5137 2.5495 US dollar 1.6300 1.6380 Local dollars to 100 units of foreign currency Austrian schilling 14.63
      151 words
    • 74 31 Duration Title Venue Organiser Tel Dec 26- Valencia Valencia. Feria Muestrario *****6.11.00 Jan 3. International Spain Intcrnacional 1993 Trade Fair De Valencia Jan 7-10 Autosports Birmingham Haymarket 071-*****20 International Exhibitions. (fax) Teddington TWII Duration Title Venue Organiser Tel Jan 7-10 London Earls Court. National Boat 0784-*****8 International
      74 words
  • Page 31 Advertisements
    • 38 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. We know Europe from itart to Finnith
      38 words
    • 7 31 Advertising Marketing in Business Times every Thursday
      7 words
    • 50 31 Fandi f *"*4 X 0 m v m TQi i jms .W\ d winners' medal with three different teams, ft J? j has two more goals to k \Tj to get married. jj- How close is he to \iMl IM' u L > realising his twin dreams? NEW, NEWS, NEWSY
      50 words
  • Page 31 Miscellaneous
    • 257 31 1 The boxer round the ring. What's up? fury, I the Hi queen (6) 9 Bales out a complete H I I J 12 disaster (8) 10 Paper with on 11 A bird hopping round (8) 12 Making a comeback in the I I I I I I I starring
      257 words
    • 148 31 Singapore Outlook: Cloudy with occasional showers. Report: Maximum temperature 32.0 Assoc humidity 76% Minimum temperature 23.9 Assoc humidity 93% Hours of sunshine 7.60 Rainfall in mm 7.9 Rainfall this month 381.6 Rainy days this month 11 World report Asia-Pacific Hi/Lo* Cond. Bangkok 28/20 Clear Beijing.. 07/01 Cloudy Hongkong 20/18 Rain
      148 words
    • 32 31 i NOTING TO DO wnw i GCTT»ng IDGAS i fOSTaoV... seeX 1 twy STfiTtgd you've BeeN v If 'ELVIS Bux>c>*. Po»TfeOY' V U X "1 -&M--saoe C ASSOCUTEO NEWSPAPERS LTD, IM2-IM2 &o^v»
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  • 484 32 Governor's action seen as challenge to Chinese sovereignty Reuter BEIJING China blasted Hongkong Governor Chris Patten yesterday for meeting a senior official of Taiwan's ruling Nationalist Party, saying he had challenged Chinese sovereignty. Beijing regards Taiwan as a renegade province, and Hongkong has always
    Reuter  -  484 words
  • 334 32 Reuter TAIPEI Soaring capital outflow to China is undermining Taiwan's stock and property markets and may pose a long-term threat to the island's economy, analysts and officials said yesterday. As China's economy booms and political tensions between the rival governments in Taipei
    Reuter  -  334 words
  • 280 32 Compiled by staff from agency reports LITTLE ROCK. Arkansas President-elect Bill Clinton and Democratic leaders of Congress on Sunday night reached what was described as a "general strong commitment" to move quickly on his domestic agenda. Mr Clinton sought advice from Senate Majority Leader
    280 words
  • 240 32 Reutcr NEW YORK US Senator Sam Nunn, widely mentioned as a likely candidate to serve as secretary of defence or state after Bill Clinton is inaugurated as president, warned on Sunday that without urgent support from abroad, the experiment with democracy
    Reutcr  -  240 words
  • 182 32 Reuter VILNIUS, Lithuania Former communists won a crushing victor) in Lithuania's first post-Soviet elections, defeating nationalists who steered the Baltic country to independence last year, preliminary results showed yesterday. Returns from Sunday's second round of voting gave the Democratic labour Party (DLP) a total
    Reuter  -  182 words
  • 188 32 SURABAYA Indonesian Minister of Finance J B Sumarlin warned on Sunday that the gradual implementation of the Asean Free Trade Area (Afta) beginning next year should not be hindered by extensive lists of exclusion items. According to The Jakarta Post. Mr Sumarlin
    188 words
  • 990 32  -  The Bottom Line PHILIP BOWRING PHILIP BOWRING The writer, a former editor of the Far Eastern Economic Review, contributed this commentary to BT ANEW ERA in South Korea is being ushered in by old men. Koreans will go to the polls on Dec 18
    990 words
  • Page 32 Advertisements
    • 103 32 f Singapore's most popular NitsukoMSß Telephone System (Mytf SINCVOtf THf Ht MJ* (A ASS i imky PU/4 TH 7 U24/»V1 •S. fim M lSfcS/7r*l«M| < r*w*piMrtf !H 7141 S<WhiH fVoimuU f*/j TH I ITSMW" 4 Irwwn 9 TH 7«)12*2/S4i TH *****41 World TrjrAr mlr» TH *****07 C Kan«i A.rp»rft Terminal
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    • 6 32 Disappearing spirit of compromise, Pg 10
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    • 12 32 A new fight, Pg 14 Editorial: Russia's winter of discontent, Pg 10
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    • 230 32 SINGAPORI (OMMfZZ Distributor of the most sought after M Key Telephone System Tel: 278 7088 J One Day Seminar Stock Market Betas Portfolio Risk Strategies applied in a Bull, Bear or Stagnant Market WHO SHOULD ATTEND: Fund Managers Stockbrokers Research Analysts Private Investors This is a lively workshop designed in
      230 words

  • Shipping Times
    • 407 33  -  By Dexter Lee SINGAPORE Homegrown Sea Consortium Pte Ltd has invested $5.2 million in two restored shophouses at Duxton Hill to house its growing staff. The common feeder carrier, which has seen its business volume rise sharply in recent years, shifted into its
      407 words
    • 325 33 Bloomberg WASHINGTON American President Lines, a unit of American President Companies, said last week that it reached an agreement in principle to double the size of its 33.5-hectare ocean terminal in Seattle. The agreement with the Port of Seattle calls for an initial
      Bloomberg  -  325 words
    • 512 33 Study finds no adverse ecological effects from 1990 tanker incident AP HOUSTON There was no ecological damage to the Gulf of Mexico following the 1990 explosion and spill of 19.4 million litres from the Norwegian supertanker Mega Borg, a study released last
      AP  -  512 words
    • 877 33 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 Asia Cont Lines 14 5 •ASCL 5 5 Avia Airways 9 4 Bait Orient Line 7 4/5 Bangladesh Shpg 9 4 Bank Line.
      877 words
    • 396 33 Reuter LONDON The world merchant fleet has reached a new record total of 444.3 million gross tonnes, latest statistical tables from Lloyd's Register published yesterday showed. This exceeds last year's figure, then the highest ever, by a further 8.3 million gt and it is the
      Reuter  -  396 words
    • 204 33 Bloomberg NEW DELHI The gov-ernment-controlled Shipping Corp of India Ltd plans to offer US$lOO million (SSI6O million) in global depositary receipts and issue stock valued at 3 billion rupees (SSI4O million) to 4 billion rupees domestically to fund its acquisition plans,
      Bloomberg  -  204 words
    • 202 33 Reuter ALGIERS Freight traffic through Algiers' port fell over 10 per cent between July and last September compared with the same period last year, reflecting a slowdown in the indebted country's foreign trade. Traffic through the port, which handles about onethird of the north
      Reuter  -  202 words
    • 456 33 Reuter SUEZ Egypt has chosen the most limited of a range of proposals to expand the Suez Canal because sluggish world trade will not support more ambitious options, the chairman of the Suez Canal Authority (SCA) said. The decision reflected growing pressure on
      Reuter  -  456 words
    • LOG BOOK
      • 125 34 COLOMBO Heads of South Asian airlines will meet here to launch an association to address common needs and prepare the ground for sharing of equipment, airline sources here said Friday. Chairmen of the airlines of Bangladesh, Bhutan. India, Maldives, Nepal, Pakistan and Sri Lanka
        125 words
      • 89 34 EDMONTON, Alberta PWA Corp employees said a meeting on Friday with Finance Minister Don Mazankowski and Transport Minister Jean Corbeil was constructive and the employees expect a decision on government financial support soon. A spokesman for the council of Canadian Airlines said the ministers had asked
        89 words
      • 97 34 MILAN Struggling Italian car giant Fiat SpA denies its plans to "slim" involve asset sales but analysts still believe some non-core businesses will be shed and the share price has risen accordingly. Fiat shares fixed 8.8 per cent higher, confirming Thursday's gains out of hours after managing
        97 words
      • 91 34 ROTTERDAM It is vital Russia and Latvia patch up their quarrel over oil transit across Latvia, the head of Russian shipping agency Transworld Marine Rotterdam said. "The Russians need port access to export their 0i1... The Latvians need to get a share of Russian
        91 words
      • 61 34 NORTHEIM, Germany —At least 11 people were killed and 51 injured, several seriously, when a passenger train slammed into a freight carriage in Northeim, central Germany, on Sunday. Police said the toll could rise as some 400 rescue workers continued to comb through the
        61 words
      • 52 34 SANTO DOMINGO, Dominican Republic A Cuban airliner with 20 people aboard crashed into a hill on Sunday evening during a storm near the Puerto Plata beach resort, local television reported. It was not immediately known if there were any survivors or what type of aircraft
        52 words
    • 843 34  -  Cruise ships bring to Puerto Rico more than just camera-toting tourists who want to enjoy the Caribbean sun, sea and sand, reports David Beard David Beard AP Every year, cruise ships bring San Juan more than half a million tourists, millions of dollars
      AP  -  843 words
    • 716 34 The Philippine government is at loggerheads with shipmanagers over the necessity of having a second register Fairplay FILIPINO shipmanagers and manning agents are determined to force the government to concede to their demand for a second register. Elements in the government are equally determined to stick
      Fairplay  -  716 words
    • 9010 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 in\ol\ed and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at IVnang after
      9,010 words
    • 3305 47 A Xm.BC on miner lint NV: Belsin Shpg Agencies Pte Ltd (Si/Marine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Sen ice: Frata
      3,305 words
    • 259 47 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citv-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:
      259 words
    • 1464 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight international Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. .\ir Cargo Novo Express Tel: 542-5454. Fax: *****06. .Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,464 words
    • 3433 48 ALBANIA Durres: 8 v essels in port of which 2 discharging bagged sugar. 1 nee in bags/pallets. 2 bulk wheat. 1 wine. 2 general cargo. ARGENTINA Labour working normally Buenos Aires: Port quite with several general cargo berths available. San Lorenza: 4 vessels in port of which 2
      3,433 words
    • 554 48 ARRIVALS Op Flight T>pe ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL617 B747F 0345 1 TYO S1A SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA A2997
      554 words
    • 902 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Goya: 63,212 dwt and built February 1981 China SB Kaohsiung; eta Columbia River Nov 13 for two ports load cts Nov 17-18 for discharge Sri Lanka-Karachi range; on offer in the region of US$l2 million. Atlantic Sailor. 61.713 dwt and built
      902 words
    • 368 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No NOVEMBER 18 18 Fantasy World 1000 1900 Sin-Jakarta Lauw Sons Ptc Ltd 227-8284 19 30 Doulos 0900 1700 Sin-Phuket Jardine Shpg Agencies 320-0295 20 20 Frontier Spirit 0800 1700 Sin-Jakarta NYK
      368 words
    • SHIPS IN PORT
      • 695 49 Vend Voy No Berth Arrival Departure 1 Jurong Port Fyodor Gladkov 1/92 J8 alongside 1711 0800 Hotendtc Cont 1 J8 9 alongside 17 11/0800 Hong Ha J7 alongside 17 11/0700 Junior 120 15 alongside 1711/2300 Lion Valour J12 alongside 1711 0500 Romi KMayat 11/01/92 J9 alongside 17
        695 words
      • 237 49 l-l g»„ t jooocc ron Berth 1: Juta Jay a; 2: Ribuan Jaya; 3: Lujiang; 4: Kapitan Shevchenko; 5: Barge Munar 2; 6: Grigoriy Kozintsev. 01 jetty: Suci. DO. Gloria. Due on No* 16: Sari Manna, Crane Cosmos, Su Yang, Aries, Barge Josindo Satu, Bunga Butang. Due on
        237 words
      • 1483 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy Wo Container* rajbMt Sea Horse 33N8 15.11.92 0400 Dragon lava 12N 15.11.92 0715 Equator Jewe 121N 15.11.92 0910 Swadaya 674 15.11.92 0950 Tambang VIM 938A 15.11.92 1040 Gucheng 132 15.11.92 1050 Tanto Capita 922 15.11.92 1210 Kota Jasa JSA03B
        1,483 words
    • 779 50 AN EIGHT-point rise to 1,180 in ihe Baltic Freight Index (BFI) reflected firmer sentiment in the dry cargo freight market on Friday due to Chinese grain purchases and reemerging interest in coal and ore shipments, brokers said. The index still stands at a discount to Biffex freight futures,
      779 words
    • 264 50 Nov 18 19: Ship Chartering Practice Charter Parties Negotiation, organised by Traffic Management Consultants Singapore. This two-day seminar, designed to meet the need of securing concise and fundamental knowledge in ship chartering, will be held at The Plaza Hotel, Kuala Lumpur. For further information and registration, please contact
      264 words
    • 509 52  -  Stories by Juliette Walker SINGAPORE Air express firm DHL International has invested almost $50 million in Singapore over the past 18 months to build up its distribution faeilities here. Mr Patrick Lupo, DHL chairman and chief executive, told Business Times that the investment formed
      509 words
    • 271 52 SINGAPORE Brusselsbased DHL International is working with its equity partners Japan Airlines and Lufthansa to improve its airport facilities and quicken its package flow. Patrick Lupo, chairman and chief executive of Brus-sels-based DHL International, said DHL has benefited from synergies with JAL and Lufthansa. The
      271 words
    • 167 52 Reuter CANBERRA The Australian government has deferred the sale of part of its flag carrier, Qantas Airways Ltd, until mid-December, a spokeswoman for Finance Minister Ralph Willis said yesterday. Originally to be Nov 30, a new sale date will be worked out informally
      Reuter  -  167 words
    • 587 52 Reuter LONDON Analysts expect British Airways profits to take a buffeting from recession and fare wars in its markets when the company reports second quarter and half year results today. BA has kept its profits aloft while those of other airlines have plummeted
      Reuter  -  587 words
    • 492 52 Reuter MUNICH, Germany, Deutsche Aerospace (Dasa), the aerospace division of industrial group Daimler-Benz, expects to report a group loss this year due to provisions set aside for cutting the workforce in 1993 and 1994. Management board chairman Juergen Schrempp said it was still
      Reuter  -  492 words
    • 575 52 Jakarta Post JAKARTA The municipality says an increase in the number of taxis is still necessary due to public demand although taxi drivers say competition is already tight and it is often difficult for them to pay their daily rents. "There
      Jakarta Post  -  575 words
  • Page 33 Advertisements
    • 38 33 Puerto Rico: More than an island in the sun, Page 2 DHL's $50 million investment in Singapore, Back Page Lines and service raprM«nt«d by Mynbers of g>JNMnf af Accradltad fgZX'iS For advertising enquiries, contact Shipping Times Tel 740-20X9/740-2090
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    • 111 33 International Freight Forwarder EUROPE LCL FCL Services <^*****00 M+R FORWARDING PTE LTD L/C" 0 THE TOTAL TRANSPORTATION *"•> BpfYfl J" VISA FREIGHT SERVICES PTE LTD ESH established in 1984 iNTERiunoNAL t ..2°22T. c t am with a concept of FREIGHT TRANSPORTATION r FORWAROCTS TOTAL TRANSPORTATION. Complete range of eßgggggßßMl full
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  • Page 34 Advertisements
    • 92 34 It could be a controversial deal between two stock I market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
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  • Page 35 Advertisements
    • 3760 35 wm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES P! m J .A L^«*f mi I// r ma out now BOOKINGS TEL *****34 *****58/ *****40 ■iiiif CFS (PSA F5) TEL: *****21/ *****79 PDOOOfIH PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. I. J CftllOfC 21 PORT KELANG TEL: *****18 FAX *****91 *****88 »_i
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    • 1402 35 ■UliV.HiHU'li'l^ WEEKLY DIRECT CALL TO NAGOYA ANNA MAERSK V.9214 ETA SIN 23/11/92 ETA NAGOYA 3/12/92 Vessel Voy ETA ETD Feeder by Sea Lark/Anea DESTINATIONS ThM week Margrelhe Maerik 9302 cy 24/11 oeoo hrs IBHIHHB CFS 23/11 2359 MRS JOM LPK PEN OAK LOB MOU MEM ATL MIA CHS BAL PHL
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  • Page 36 Advertisements
    • 1372 36 r~ R DAM. MfTPI VOY NO S PORE JEDOAH S HAMTON H'BURQ ANT LE HARVE |Hy*lJ4| ELBE 13/146 19/11 5/12 8/12 6/12 1, Ml WESTBOUB»i;' KATSURAGI 12/346 21/11 1/12 9/12 12/12 14/12 16/12 r Mn KOMN ft KHANS HAMBURG EXPRESS 11/147 26/11 12/12 15/12 13/12 -MHOIO W/COwTICNT HANNOVER EXPRESS 11/347
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    • 499 36 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder In Kabul for all services C.1.5.-Vootoctiny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea a Vietnam Mongolia a Hungary CSFR a Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel 'HfIHH POL EAST 20/11 VILLE DE TITANA 27/11
      499 words
    • 1495 36 Krlaaaaaia ant REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY BIN ALG BCL* HAM BRE# ROT ANTI FEL LHA J NORASIA PEARL 9237-3 17/11 08/12 10/12 12/12 13/12 14/12 15/12 15/12 16/12 JAPAN SEA 238N 23/11 14/12 16/12 20/12 21/12 22/12 23/12 23/12 24/12 CHMA SEA 239W 30/11 21/12 23/12 26/12 27/12
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  • Page 37 Advertisements
    • 1966 37 STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO OUt SAILS STRAITS STAR ¥171 Muirj lib IS 19 No« 20 No. 21 No* RAJAH BROOKE V22E Mujrt. lab 24-25 No* 26 No* 27 No* SINGAPORE KOMPONGSOM KRIS MADURA VI2E KK.
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    • 2804 37 SINGAPORE AGENT: o ifi/\fir P&O Containers (Singapore Agencies) Pte Ltd X IXV/ ViUlllulllVl O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 »tS»Ei VOY PNQ -AM VCBBCL VOY AWT HOT HAM MU UN AZ esc, p«i Six CORNELIA
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  • Page 38 Advertisements
    • 645 38 ~mm\ CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY SPORE ROAM ADAM HBUR6 BREMEN ANTWERP MATAitAM 33W8 10/12 13/1 17/1 21/1 25/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subpct to Indue affiant. Also accapting cargo to Casablanca, Port Said, Port Alaxandria, Ganoa, Triasta. ALSO ACCEPTING CONVENTIONAL CARGO
      645 words
    • 1663 38 HANJIN SHIPPING fOf) VSI I SIN I LINE HAUL SEA VCR FDR VSI S* |l«t HAU. SAV 111 NYC HANJIN KUNSAN 081E 23 11 IH. NEN YORK 045£ 17/12 11/12 HANJIN KUNSAN OSIE 23/11 M PLENTY 025£ 31/12 1/1 3/1 FISHGUARD BAY 213E JO 11 HANJIN CHUNGMU 094E 25/12 26/12
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    • 1262 38 d I rl Ipm ser use we uc pus wi osk ngv aa iro lai cm mi wit lhv urn mw thp «c p» cw nu I Gtmu «04« 17/11 11/11 23/11 25/11 27/11 JO/U 1/12 3/12 4/12 5/12 7/12 1/12 30/12 1/1 3/1 12/1 13/1 14/1 15/1 10/1 20/1
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  • Page 39 Advertisements
    • 1875 39 SCX: NEPTUNE CRYSTAL 09E' ETA SGP 18/TI/92 II II II arriving los angeles 06/12/92 in 17 days W II II AEX; 'nipjuNE CORAL 06E' ETA SGP 25/TI/92 II ARRIVING NEW YORK 18/12/92 IN 22 DAYS H TO PNW- USAJN^NO POINTS I Toc&L*oßmA .uscmj-unjMOPOWTt-»njMVC*tAaL» I U FEEDER VSL VOY SGP MOTHER
      1,875 words
    • 1238 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND-OKCHAROHG WESTBOUND-LOADHG TRANSHPPED VIA ROTTEKDAII"
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  • Page 40 Advertisements
    • 1751 40 K WX" AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) WjK W V TEL *****77 TELEX: KAWAKIRS23I6S FAX* *****07/8/9 ■m. W4 MALAYSIA: *K" UNE MARITIME (MALAYSIA) SON BHD 1 JH St. JLri# X 1 MmJ TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■MB KAWASAKI KISEN KAISHA,
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    • 1163 40 PHILIORieNT LI MS PTC LTP 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel. *****22/*****69/*****00 Telex: RS ***** Fa*: *****76/*****38 &J2 BY AIR, LAND OR SEA.... JSSI J®- WE TAKE ON THE WORLD FOR YOU $£3 MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION ri MtmuJvmwnMAmnotmManc rcuiettrntct j—■ 18 NOV SYDNEY.
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  • Page 41 Advertisements
    • 1048 41 PACIFIC INTERNATIONAL LINES (PTE) LTD wKKM 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E ~~~l I BANGKOK VESSEL VOYSIN BKK SIN VESSEL VOY SIN JKT SIN KOTA PETANI PTIOIN 17/11 20/11 84/11 EQUATOR HAWK 89N 18/11 21/11 25/11 KOTA SURIA KSR4SN IS/11 21/11 25/11 KOTA
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    • 1098 41 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: WEENA WONG/ NOELLE TAN TS CHOW/ YEA SHYUAN OR EAC TRANSPORT AGENCIES (M) SDN RHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG
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    • 375 41 °BSA° TR AN SPO RTATIO N M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen PM| PATtCM *1201* PT IfD lUI VIB4W 19/21 Ho* MYOMAYWA VI4SW 24/26 No* PAGAN *190** 4/iD« NIGERIAN NATIONAL I|P% SHIPPING LINE NIGERIA EXPRESS SERVICE l\ RIVER MAJE RIVER
      375 words



  • Page 44 Advertisements
    • 1667 44 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd Slmmg Freight Booking Ceatrt 54a BM 58 Persiaran Ra/a Muda Musa Lot 3.34. 3rd Floor. Jl IR H Juanda
      1,667 words
    • 556 44 EXPORTS TO HONGKONG, TAIWAN, MANILA ft JAPAN "TWICE XfZKLY" MALACCA STRAITS SERVICE OUTBOUH) YOY fUL fOI KT SW MM. HK6 KM) Kg TYO TOK SMZ NGO HOB DESSEI WT l»l [PKL Bl M ACI WOUT 140 -10.11 -1111 17.11 20.11 24.11 2111 112 112 2.12 3.12 Cm RAY 5« 1111
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    • 411 44 VESSEL VOY JAKARTA STORE BANGKOK MANIA GUAM SAT AH ASIAN ORCW 20 KC 7 KC 11 KC 17 KC 23 KC 25 OCEANIA EXPRESS 71 KC 20 KC 24 KC 30 MM C MN S VESSEL VOY HA SPORE GUAM (T/S) MOTHER VESSEL GUAM PONAPE KOSRAE MAJURO TRUK YAP KOR
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    • 294 44 SAMUOBU MDMESIA (S) fli LTD 15 McCALLUM STREET #03-01/02 natwest centre Singapore 0100 Tatax: R*****0 T«t *****81-3 Fax: 225 4030, 227*135 FOR bookings CALL mrect uwe TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SJN JAK DASA SEPULUH 902 17/11 (TUE) 20/11 (FRO MERKUR DELTA 948 17/11 (TUE) 20/11 (FRO DERAJAT 1008
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  • Page 45 Advertisements
    • 585 45 FAMOUS CONTAINER LINES 10 ANSON RD. 15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 22/11 ROTTERDAM 22/TI H AIF A/ASHDOO/ALEXANDRIA 22/TI HAMBURG/BREMEN 22/11 MARSEILLE/FRANCE 22/TI FELIXSTOWE/UK 22/TI BARCELONA/SPAIN 22/11 LEHAVRE/ANTWERP 22/TI GENOA/ITALY 22/TI GOTHENBURG/SCANDINAVIA 22/TI LOS ANGELES/WC/IPI 22/11 SYDNEY/MELBOURNE 18/TI NEW YORK/EC 22/TI FREMANTLE/ADELAIDE 19/11 VANCOUVER
      585 words
    • 769 45 (S3 RICHFIELD MARINE AGENCIES (S) PTE LTD 'Jgl TEL: *****33 (12 Lines) FAX: *****15/*****03 FKH TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOADING FOA SPORE ABBAY WONZ 34W8 20/12 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE T
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    • 487 45 JAKARTA BANGKOK «n 1 1 on ra jwr 1 mmm I mmm 1 WWW BHUM UTS InPt 20/11 PIT* BHUM'*# ZS9W Tut In Pt Fri 20/11 0M IVH 22/11 MAM* BHUM# 133W Wed 11/11 Son 22/11 BtNM WM MS 21/11 24/11 WHJ BHUM 51N Fri 20/11 Mon 23/11 NANA MM
      487 words
    • 365 45 TICER-UHE VSL VOY SMGAPORE MADRAS SINGAPORE KSSU Kit MM SM Id SrttD 230N h Port 24-21 11 02-03/12 TIGU SIM 42N 20-21/11 27-21/11 04-05/12 rant ems 23iN 23-24/11 30-02/12 oi-m/12 TKER ARROW 43N H 27/11 03-04/11 lt-11/12 VSL VOY SMQAPORE/CALCimA/SMGAPORE «SStl VOT SW CM. SM T«J SHARK 002CNB 20-21/11 27-01/12
      365 words

  • Page 46 Advertisements
    • 1888 46 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SIN N Z STAR 0532* 19/11 1/12 3/12 19/12 PREMER 21S 30/11 12/12 14/12 30/12 MULBERA 30S 16/12 2S/12 30/12 16/1 WITH OPPORTUNITY TO CALL TOWNSVILLE ABOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON.
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    • 909 46 THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor Is PORE [BEST VESSEL VOY SPORE P. RELANC EQUATOR 111
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    • 256 46 CCNI Compania Chilana da Navagacion Intarocaanica S.A. SEASPAC SERVICE ACCEPTING CONTAINERS AND BREAKBULK DIRECT SERVICE TO SOUTH PACIFIC ISLANDS SM NOU SUV PPT lAMM I «?03£B 1/12 13/1? 16/12 21/12 PM.EMBANG 4304C8 29/12 11/1 14/1 20/1 DIRECT SERVICE TO CHILE. PERU. BOLIVIA S* CU QQ CQB SAI'VAP ANf lAMM 420X6
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  • Page 48 Advertisements
    • 107 48 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 J relevant book reviews. (v V ENTERPRISE MANAGEMENT, in 7~\ Business Times every Monday, is must h CSo^ reading for managers who want the
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  • Page 49 Advertisements
    • 103 49 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 f I relevant book reviews. v t) ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the tr? competitive edge.
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  • Page 50 Advertisements
    • 362 50 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times. NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SMGAPORE MANILA LOADING EVERY VIGOUR PACfIC 7558 *20/11/92 (FRI) FRDAY AND MONDAY VIGOUR LUZON SNB 23/11/92 (MOW) 28/11/92 VIGOUR SINGAPORE 41f« 27/11/92 (FRI) 5/12/92
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    • 409 50 i. cosco UKC CONVEMTIOHAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/11 Rotterdam/An twerp CHXA CONVEWnONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/11 20/11 Huang pci/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKOMO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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    • 216 50 BTfITPTI CONTAINER LINE lEmMmEmII '2 ABERDEEN FELIXSTOWE WEEKLY li, X. CONSOLIDATION I s Inland Destinations: LONDON •LIVERPOOL > LIVERPOOL! MANCHESTER SOUTHAMPTON DUBLIN t -v® BIRMINGHAM 'ABERDEEN aDI'BLIN MANCHESTER BIRMINGHAM■ FELIXSTOWE Tel: 538 0155 OWENS CONTAINER lINE (S) PTE LTD SOUTHAMPTON 133 New Bridge Road #09-06 Chinatown Point S'pore 0105 A
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    • 18 50 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times
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  • Page 50 Miscellaneous
    • 518 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 10 1 4 1 8 21 23 23 2 1 18 lb 1 3 13 14 1 7 2.1
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  • Page 51 Advertisements
    • 1093 51 A HYUNDAI MERCHANT WESTBOUND TO EUROPE VESSELS PHA+ PKE PGO-i- I SW I RTM AWT* lIH* HAM BBEI FEL H. FRONT Eft 302W 27/11 27/11 27/11 29/11 18/12 IS/12 19/12 19/12 19/12 22/12 H. COMMANDER 3011* 4/12 4/12 4/12 6/12 29/12 29/12 26/12 26/12 26/12 29/12 SI FREEDOM 302* 11/12
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    • 442 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL MY V PI IK U TIMS AITO 4$ SID SID HI SID cosac tiuii m ■rr cosmk noun 21 ■rr 11/11 Ml KM 17 21/11 25/11 OtAKE MIME 17* 21/11 24/11 MM 21/11 ITS MM 1 24/11 OUTBOUND
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    • 1128 51 imimm I m OUR USA Er hi m h „T. m rr r is? f I** r SERVICE CALLS 9»l—i >(21 17/11 MUma WBC« >***** IMI/11 M/ 12 M/ 12 wTIF M/ 12 m/iT 11/12 "ii7T7 "iiTI? SINGAPORE ami am »m m/ii wima wctmt iwii 2s-2t.11 u/12 u/12 it/12 u/12
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  • Page 52 Advertisements
    • 145 52 Every Saturday in Business Times v i .i*SP I $7, P-. i i¥m r v' V..-- $>£'» < .v x~. JS-4, \'S -iV > V' v-'"-- *'i k- s 'i < v y .V r '.V 'N<■•>!>'V X v 'V *V V*\C£ v v r v r*y/..' -v- -v- <.;/'/
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    • 69 52 Every Saturday in Business Times RQR ON T.C78.8. CHARTER COMMENCING DECEMBER' 92 1) 2 X DUMB CRUDE OIL BARGES 7-1200 DWTwith pumping Capacity: 100T/HR Portable Geny for DK Lighting 2) CRUDE OIL TANKER 6-8000 DWT Capacity 3) O.S.V. ABV 2500 BHP with DK Space Fuel Capacity AGE NO BAR, GOOD
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