The Business Times, 5 March 1992

Microfilm: NL17812
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, March 5, 1992 75«
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  • NEWS SUMMARY
    • Article
      Turkish mine blast kills 78, 461 feared dead
      66 1 KOZLU, Turkey Seven-ty-cight men were killed and a further 461 missing were feared dead at a Turkish mine in what could be the world's second worst pit disaster, sources said yesterday. Bodies were being sealed into gasfilled galleries where rescuers had given
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    • Article
      Banks sign credit for Algeria
      75 1 PARIS Commercial banks have put their signature to a two-tranche credit of U551,457 billion (552.38 billion) for Algeria. Credit Lyonnais said yesterday that the credit, which was agreed by 200 banks last week, aims to refinance a substantial part of Algeria's US$25 billion debt that
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  • MARKETS SUMMARY
    • Article
      Dow higher
      25 1 WALL STREET opened higher yesterday with the Dow Jones index moving up 5.81 points to 3,296.06 in the first five minutes of trading.
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    • Article
      Footsie higher
      24 1 LONDON shares were little changed at midday yesterday. At noon (1200 GMT), the FTSE 100-sharc index was up 0.4 point at 2,565.8.
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6490 100 Yen SS 1.2540 MS SS 0.6398 Money market rates Overnight 3 -1/2 3-month 3 1/2 unch
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS350.20 -US$0 80 Rubber S'pore Apr 134.50*/kg +0.75 M'sia Apr 210.50*/kg +1.00 KL Tin Turnover 37 tonnes unch Spot MS 14.09/kg -0.02 Cmdo palm oil Turnover 418 lots -332 Apr MS894 /tonne -I
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 703.49 ++3.15 Kuala Lumpur ....598.64 +0.81 Tokyo 21,105.42 +53.71 Hongkong 4.954.50 +43.37 Sydney 1,615.2 -6.5 Tuesday Change New York 3,290.25 +14.98 London 1.987.0 +5.8
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  • Article
    Indonesian food giant Mantrust faces credit crunch
    498 1  -  Group trying to restructure its mountain of debt By Kooi Cho Teng SINGAPORE Indonesia's largest food processing company, PT Mantrust, is said to have run into liquidity problems and is now attempting to restructure its mountain of debt. A Jakarta-based source says the
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  • Article
    India suspends purchases of Petronas products
    487 1  -  From Shirish Nadkarni in BOMBAY INDIA has suspended the purchase of petroleum products from Malaysia's stateowned oil company Petronas. Sources said the suspension came after officials found a deal signed last year was US$7.5 million (S$ 12.37 million) above market rates. The deal involved
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  • Article
    Hang Seng Index, Dow end at record highs
    267 1 Corporate tax move fails to depress HK market SINGAPORE Stock markets in New York and Hongkong finished at record highs, buoyed by US economic data which suggested the American economy was recovering. Hongkong's Hang Seng Index gained 43.37 points to end at
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  • Article
    Pont Data closes offices in US, UK and Australia
    505 1  -  Fate of S'pore, HK and KL branches still not known By Dawn Tan SINGAPORE International financial data vendors Pont Data Inc has folded operations in the US, UK and Australia after months of speculation about its financial health. The Australian-based service,
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  • Article
    Proposed KL guidelines spark fear
    178 1 KUALA LUMPUR Malaysian proposals to change rules governing foreign investment and giving ethnic Malays a bigger share of the economy have sparked uncertainty and fear among bankers and businessmen. The proposed guidelines by the Foreign Investment Committee (FIC) ilso pose problems for Prime Minister Datuk
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  • Article
    Lock icon Bid to block relay of Deng's speech
    177 1 Reuter BEIJING Hardliners opposed to senior Chinese leader Deng Xiaoping's latest call to speed up reform have attempted to obstruct transmission of his speech to party members, said Chinese sources yesterday. The refusal of some sectors of the Communist Party and the government
    Reuter  -  177 words
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      383 1 ftfeliiiiiiiM HDB shop sale THE Housing and Development Board yesterday launched its programme to sell an estimated 12,000 rental shops to sitting tenants from June 1 Page 2 Notebook launched A SINGAPORE joint-venture company, set up by local personal computer maker HIS Technology and local computer designers Mitech Products, has
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      Page 1 Advertisements Column 2
      125 1 Change at RHB A MAJOR CHANGE in the shareholding structure of Malaysia's largest broking firm, Rashid Hussain Bhd (RHB), is expccted to be finalised this week. The change will end the bitter rift between the company's two co-founders. Page 4 King's profit surges KING'S Hotel's net earnings more than doubled
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      6 1 Sale of HDB shops, Page 2
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      9 1 HK Budget: one-point tax rise hits businesses, Pg 2
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      Page 1 Advertisements Column 5
      45 1 Nitsuka The most popular Key Telephone System siNGumtcoimrs: The Telecommunication Specialist jg Tel: *****88 —W The Peak iSjm it f. > 'Grand Tavilioti 1 RESTAURANT 21 Amber Road. Chinese Swimming Club. Singapore 1543 Tel: 440-2222 14* ra n m m m TUNG UOK GBOU> OF RCSTMJUNTS
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      4 1 Full Report, Pg 12
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  • PAGE 2 NEWS
    • Article, Illustration
      HDB to sell 12,000 shops to sitting tenants from June 1
      566 2  -  Sale of tenanted HDB shops Units to be offered at various discount rates to market value Reports by Colin Tan SINGAPORE The HDB yesterday announced details of its programme to sell some 12,000 of its 16,000 rental shops to
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    • Article
      Banks offer shop tenants ready financing schemes
      323 2 SINGAPORE Local banks have been quick to come up with tailor-made schemes to finance the sale of Housing and Development Board shops to sitting tenants. Some lenders even have names for their schemes. OUB calls its package Shop Link, while Keppel Bank calls
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    • Article
      Board to assess market value of properties
      537 2 SINGAPORE Housing Development Board valuers will determine the market value of each shop under the board's programme to sell its shops to sitting tenants. HDB chief property officer Chionh Chye Khye said the assessed value would be based on market prices for comparable
      537 words
    • Article, Illustration
      HK hits businesses with one-point tax rise
      734 2  -  Hongkong Budget From Catherine Ong in HONGKONG HONGKONG raised taxes on business yesterday in a cautious Budget which offers marginal relief to the working class. Despite the colony's budget surplus of HKSI4.I billion (Ss3 billion) and forecasts of robust economic growth and healthy
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    • Article
      Russia-S'pore business pacts expected to be completed soon
      340 2  -  From John Helmer in MOSCOW THE Russian government expects to complete work soon on tax and investment treaties with Singapore. The director for Asia of the Russian Ministry of Foreign Economic Relations, Dr Viktor Koptievsky, told BT the texts of agreements negotiated
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    • Article
      Lock icon Manila court lifts freeze on Cojuangco's shares in bank
      393 2 AP MANILA The Supreme Court yesterday allowed piesidential aspirant Eduardo Cojuangco to vote his shares in a major bank, paving the way for his control of the nation's largest private company. "After six long years of fighting for the right to
      AP  -  393 words
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      244 2 ii 111 The First Smokeless Charcoal Yakiniku Is Here In Town!! "No more smelly clothes!" "No more oily hair!" Fa those who love a good old roast over charcoal fires but without the mess and irritating smoke, then Sumibian Yakiniku is the place to go. We make use of brisket
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  • SINGAPORE NEWS
    • Article, Illustration
      Joint venture launches notebook computer
      358 3  -  US company orders 10,000 units By Ang Wan May A FLEDGING local computer manufacturer has launched a notebook computer for the busy executive who wants a little more power at a reasonable price. Priced at about $4,500, the EZ:Book 386SL computer is manufactured by Zeta
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    • Article
      Industry property market healthy: report
      303 3  -  By Lilian Ang DESPITE the slowdown in the manufacturing sector, the industrial property market is expected to remain healthy for the most part of this year. A Knight Frank Cheong Hock Chye Baillieu report released yesterday said occupancy rates, at over 90 per cent late
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    • Article, Illustration
      AMP ties up with jeweller to tap Malay/Muslim market
      353 3  -  By Shoeb Kagda AMP Investments, the business arm of the Association of Muslim Professionals, and established jewellers K M Oli Mohamed have formed a joint venture to tap the growing Malay/Muslim market in Singapore and the region. The joint venture firm,
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    • Article, Illustration
      Union movement seeks to bring in 35,000 more workers
      379 3 THE union movement aims to draw 35,000 more workers into its fold in a year-long recruitment drive, starting in May. Union chief Ong Teng Cheong said two things would have to be done: make it easier for workers to join unions,
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    • NEWS ROUNDUP
      • Article
        System to evaluate building's design
        79 3 THE Construction Industry Development Board hits formulated a system to evaluate a building's design, said CIDB chairman Dr Tan Swan Beng at a conference yesterday. The Buildable Design Appraisal System highlights the role of designers in helping to cut down labour use during construction. The
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      • Article
        BP cuts wholesale prices
        61 3 OIL COMPANY BP has cut the wholesale prices of a range of petroleum products. Its various grades of petrol went down by US3 cents a US gallon, effective from March 3. This means that unleaded premium petrol now costs US69 cents a gallon. There were also
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      • Article
        Joint effort to sell Asean
        71 3 THE Singapore Tourist Promotion Board will team up with other Asean national tourist offices to promote the region's attractions at the world's largest travel trade show, International Tourismus Borse, in Berlin. The show will be held from March 7 to 12. The Singapore stand in
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      • Article
        Professional Design Awards
        48 3 THE Professional Design Awards 1992 will have the slogan "Healthy Life, Better Life" of the National Healthy Lifestyle programme as its theme this year. The contest, organised by Shriro Paper (S) Pte Ltd, is to find a logo and corporate identity for the 10-year programme.
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      • Article
        All about buildings — and more
        57 3 All about buildings and more EVERYTHING you've always wanted to know about building regulations can be found in the Urban Redevelopment Authority's latest handbook. The Erection/Amendment/Additions and Alterations of Building handbook cuts a simple path through the complicated field of building regulations. Designed for the layman, the $5 book is
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    • Article
      SDF pledged $91m for training needs
      233 3 THE Skills Development Fund pledged $91 million for training in the year ending March 1991, up from $71 million in the previous year. According to the SDF's latest annual report, this brought the SDFs cumulative commitment to $844 million. As at March 1991, reserves
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      Page 3 Advertisements Column 1
      22 3 The Royal Oak One of the great designs of the 20th /fl century. And Audemars PIGUET probably the next. The master watchmakers.
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      Page 3 Advertisements Column 2
      32 3 Ermenegildo Zegna's High Performance The With a trousers the High Performance easy Ermenegildo Zegna's A the V even the k m 1111 Wisma Atria. #02-21 to 23, Singapore 0923. F^iims —#i I
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        AsiaPac Breweries sets up Vietnam subsidiary
        40 4 SINGAPORE Asia Pacific Breweries Ltd set up a subsidiary called Asia Pacific Breweries (Vietnam) Pte Ltd on Feb 25. The wholly-owned subsidiary has an authorised capital of $100,000 and a paid-up capital of $2.
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      • Article
        Sesdaq Fund sells Tibs shares
        50 4 SINGAPORE John Govett Management (Jersey) Ltd announced that the Singapore Sesdaq Fund sold on Feb 20 a total of 514,000 shares in Trans Island Bus Services Ltd for $895,802.52, or about $1.74 apiece. The Fund now has an interest of 3.55 per cent in Tibs.
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      • Article
        Monday debut for LKH shares
        20 4 SINGAPORE Trading in Low Keng Huat (S) Ltd shares will start on Monday, March 9.
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      • Article
        Guthrie buys more L&M shares
        52 4 SINGAPORE Guthrie Manufacturing (S) Pte Ltd bought 56,000 more shares in L&M Group Investments (S) Pte Ltd at $1.66 apiece yesterday. Its parent, Guthrie GTS Ltd, with associated parties, now holds 24.82 million L&M shares, representing 37.11 per cent of the issued and paid-up capital
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      • Article
        New director for Crosby Sec
        36 4 SINGAPORE Crosby Securities Pte Ltd has appointed Chia Yew Boon to its board of directors, effective Feb 28. Mr Chia is responsible for coordinating the group's research in Singapore and Malaysia.
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      • Article
        Antah buys into sports goods firm
        47 4 SINGAPORE Antah Holdings Bhd has agreed to buy a 51.22 per cent stake in Sportquarters Marketing Sdn Bhd for M$ 105,000 (5567,100) cash. Sportquarters has the exclusive distribution right to sell the Head brand of sports products and accessories in Malaysia.
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      • Article
        Innovest appoints new directors
        48 4 SINGAPORE Innovest Bhd has appointed Messrs Mohd Ibrahim bin Mohd Zain and Choo Teow Meng as directors of the company. Mr Ibrahim is the executive chairman of Pan Malaysia Rubber Industries Bhd (PMRI) and Mr Choo is the executive director of MUI Finance Bhd.
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      • Article
        Parit Perak's net profit up 41pc
        71 4 SINGAPORE Parit Perak Holdings Bhd made a 41 per cent gain in group earnings to M 54.61 million (552.94 million) for the half year ended Dec 31, 1991. Turnover was, however, down 45 per cent to M 51.45 million. Pre-tax profits were M 59.91
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      • Article
        Glenealy's earnings rise 48pc
        41 4 SINGAPORE Glenealy Plantations (M) Bhd posted a 48 per cent increase in group earnings to M 56.06 million (553.88 million) for the interim period ended Dec 31, 1991. Turnover rose 24 per cent to M 51.22 million.
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    • Article, Illustration
      Rashid Hussain co-founder to sell his entire interest
      1062 4  -  Wan Azmi and Rashid expected to take over Chua's 1 Opc stake From Leslie Lopez in KUALA LUMPUR A MAJOR change in the shareholding structure of Malaysia's largest broking firm Rashid Hussain Bhd (RHB) is expected to be finalised this week, ending
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    • Article
      Jurong Cement cancels $21m Aussie property deal
      218 4 SINGAPORE Jurong Cement Ltd has aborted a deal to buy a piece of property in Australia for A 517.3 million (5521.4 million). Like the original announcement on the proposed deal last November, Jurong Cement provided only a brief statement yesterday. The company said
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    • Article
      Shell posts 16pc drop in net earnings
      236 4 SINGAPORE A sharp fall in oil crude and product prices shaved off 16 per cent of Shell Refining Company (FOM) Bhd's net earnings in 1991, leading to a lower profit of M 5144.68 million (about Ss94 million) for 1991. The Malaysian-listed group said
      236 words
    • Article
      Net earnings of King's Hotel group more than double
      429 4  -  By Genevieve Cua SINGAPORE Net earnings of the King's Hotel group more than doubled in the year ended December 1991, but hotel operations on the company level remained flat. The group's bottom-line earnings shot up 147 per cent to $4.4 million,
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    • Article
      Overseas Union Securities posts 70pc rise in profits
      423 4  -  By Quak Hiang Whai SINGAPORE Overseas Union Securities, the closed-end investment company of the Overseas Union Bank group, has reported an increase of 70.4 per cent in net earnings for 1991. The company announced yesterday that it registered an after-tax profit of
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    • Article
      Sembawang's new shares to raise NTA
      274 4  -  By Rahita Elias SINGAPORE Sembawang Shipyard's private placement of 27 million new shares would increase its 1990 net tangible asset (NTA) per share by 30 per cent to $3.08. Executive chairman Hsu Tse-Kwang told shareholders in a circular that the group's NTA value would
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    • COMPANY BRIEFS
      • Article
        Hopewell interim profit doubles to HK$700m
        72 6 HONGKONG Hopewell Holdings Ltd almost doubled its net profit to HK5700.25 million for the six months ended Dec 31, 1991. For the same period last year, it managed a net profit ot HK5361.09 million. The rise in earnings was, however, posted on a drop
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      • Article
        Matsushita, Seiyu form venture
        109 6 TOKYO Matsushita Electric Industrial Co Ltd and supermarket chain operator Seiyu Ltd said they have launched a joint venture in Tokyo to import and market products made by US outdoor outfitter L L Bean Inc. L L Bean Japan Inc, capitalised at 490 million yen, is
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      • Article
        Construction firm's profits rise
        101 6 MANILA Engineering Equipment Inc (EEI), the Philippines' second largest construction firm, posted a net profit rise of 388 per cent to 65.9 million pesos in 1991, an EEI spokesman said. The result compared with 13.5 million pesos in 1990. The company attributed the increase to good
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      • Article
        Woodside's 1991 profit doubles
        106 6 MELBOURNE Woodside Petroleum Ltd, operator of the North West Shelf gas project, said higher oil prices and a sharp rise in liquefied natural gas shipments helped it to more than double net profit in 1991 but a similar result in 1992 will be difficult to achieve.
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    • Article
      Lock icon NZ Magnum posts interim loss of NZ$66m
      433 6 Reuter AUCKLAND An extraordinary loss of NZ576.93 million (5569.24 million) took Magnum Corp's first-half bottom-line loss to NZ566.24 million. Net profit before extraordinaries was NZ510.69 million, down 65 per cent. Despite the drop, the group said it expected to post a profit of
      Reuter  -  433 words
    • Article, Illustration
      India may export MiGs to friendly countries
      222 6  -  By Harish Mehta SINGAPORE India's Hindustan Aeronautics Ltd, which makes the MiG-21 and MiG-27 fighters, is exploring the possibility of exporting the MiGs to friendly countries. R N Sharma, chairman of Hindustan Aeronautics Ltd (HAL) told BT that HAL had been permitted by
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    • Article
      Lock icon Australia's CRA sees net profit fall 26pc
      417 6 AFP MELBOURNE Australia's diversified miner CRA Ltd yesterday blamed lower metal prices and slumping demand for a 25.9 per cent drop in net profit before extraordinaries in the year to Dec 31. CRA posted a AS3SO million (***** million) profit, compared ■with A
      AFP  -  417 words
    • Article
      Pepsi-Cola's Thai bottler plans move into property
      315 6 BANGKOK Thailand's Serm Suk Co is planning to diversify into real estate development in a bid to earn more revenue, the Bangkok Post reported earlier this week. The company bottles Pepsi-Cola in Thailand. Its managing director, Somchai Bulsuk, said Serm Suk was negotiating
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    • Article
      Lock icon Keeping Ricoh execs alert
      283 6 FT TOKYO Directors of Ricoh, the Japanese office equipment and camera maker, have been ordered to bring letters of resignation to work each morning as a reminder that they are personally responsible for hauling the company out of loss. Hiroshi Hamada, Ricoh's president, has told the
      FT  -  283 words
    • Article, Illustration
      Lock icon Alcatel-Alsthom buys out ITT's stake in tie-up
      567 7 Financial Times NFW YORK France's Al-catcl-Alsthom is buying the 30 per cent stake held in Alcatel, its main telecommunications subsidiary, held by US conglomerate ITT. The acquisition, worth 18.7 billion French francs (555.5 billion), marks the end ot a six-year partnership between Alcatei-Alsthom,
      Financial Times  -  567 words
    • Article
      Lock icon Intel unveils high-powered chip
      391 7 Reuter SANTA CLARA Intel Corp, fighting to keep its lead in the world computer chip market, introduced a new high-powered microprocessor on Tuesday designed to raise personal computer performance speeds without boosting costs. The new chip, called the Intel 486DX2, is an updated version of the
      Reuter  -  391 words
    • Article
      Lock icon BTR shelves plans to integrate Hawker divisions
      365 7 Financial imes LONDON UK industrial conglomerate BTR has dropped plans to create a global electrical engineering business following its victory last November in the £1.5 billion (554.28 billion) takeover of Hawker Siddeley. In their first interview since capturing Hawker, BTR executives said they
      Financial imes  -  365 words
    • COMPANY BRIEFS
      • Article
        Turner denies interest in Orion Pictures
        84 7 SANTA MONICA Ted Turner, chairman of Turner Broadcasting System Inc, on Tuesday said his company was not interested in buying any of the three major US television networks or troubled Orion Pictures Corp. Mr Turner also disputed speculation that New York-based CBS Inc was
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      • Article
        Corning unit's India glass plant
        91 7 NEW YORK Samcor Glass Ltd. 35 per cent-owned by Corning Inc's Corning France SA. has started building a plant in India to produce glass bulbs for colour and black-and-white television sets. Corning said on Tuesday. The first phase of construction is expected to cost US$73
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      • Article
        Aiming to change GE culture
        65 7 FAIRFIELD, Connecticut General Electric Co chairman John Welch Jr is out to change the corporate culture at one of the nation's biggest and most influential companies. In a letter to shareholders in GE's annual report, issued this week, Mr Welch said the company will no
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      • Article
        Hard Rock sues Rank again
        74 7 LOS ANGELES Peter Morton, a co-founder of the Hard Rock Cafes, said on Tuesday that he had filed a second lawsuit against Rank Organisation pic and its California partners in its Planet Hollywood restaurants. The suit, filed in US District Court for the Central District
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    • Article
      Lock icon Swiss firm lets foreigners buy its shares
      339 7 Reuter ZURICH Engineering firm Gebrueder Sulzer, traditionally one of Switzerland's most restrictive, said on Tuesday it would cooperate with a Japanese firm, make its shares more tradeable and let foreigners own them. The moves were a sign of the changing times in Switzerland,
      Reuter  -  339 words
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      82 4 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 small firms and the people
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      707 5 We're by no means bringing into question the absorbers in the space of a few milliseconds. driving slowly, or especially during parking. j J driving abilities of would-be drivers of the new On a smooth road, it offers more comfortable Yet, it is able to retain plenty of 'feel' when
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      219 6 True ffscutive power V A m ISS W A W| Npfe>' the latest notebook, more power, more features Now there's a notebook to meet the needs of the T EZ3B6SL Mo« 386SX Otto^fcSL dynamic executive who needs a work mate that's r' I Speed 20/25 MHz 16/20/25 MHz 20/25 MHz
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      266 7 It's the birth of a totally new Ford Telstar. Conceived and highly responsive 16-valve DOHC engine with fuel belts, asbestos-free brakes. Even an environment-friendly by the mind. Sculptured by the wind. Not a revamp of injection. Monitoring its silky smooth performance, is a 3-way Catalytic Converter for safer emission standards.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        BankAmerica-SecPac merger clears state hurdle
        104 8 OLYMPIA, Washington Bank America and Security Pacific overcame one of the last hurdles toward creating the country's second largest banking group when Washington state legislators raised no objections to their proposed merger. Members of Washington state's House of Representatives withdrew a bill approved last month
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      • Article
        Japanese banks prefer small firms
        73 8 TOKYO Japanese banks' readiness to extend loans to small and medium-sized companies and individuals has been growing recently, Bank of Japan (BOJ) governor Yasushi Mieno said. He told a budget committee of the lower house of parliament that the recent low growth in bank lending
        73 words
      • Article
        Bank of Spain steps in
        101 8 MADRID The Bank of Spain on Tuesday said it was taking control of troubled merchant bank Ibercorp after the failure of efforts by the present owners to find a buyer. "In order to prevent a serious deterioration in the financial situation of (Ibercorp) and damage
        101 words
      • Article
        Nomura, Nikko hire ex-cops
        109 8 TOKYO Nomura Securities Co Ltd and Nikko Securities Co Ltd, both found to have close links with organised crime last year, have hired two former policemen as advisers, company officials said on Tuesday. Nikko has engaged the services of the former director of the Kanto bureau
        109 words
      • Article
        General Accident's losses up 42pc
        67 8 LONDON British insurance company General Accident announced on Tuesday that it would axe 900 jobs in connection with a major restructuring programme aimed at restoring the firm's financial health, in the wake of a 42 per cent jump in losses in 1991. General Accident reported
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      • Article
        Japan 'yes' to foreign broking units
        68 8 TOKYO The Ministry of Finance (MOF) is moving to permit the Japanese branches of foreign banks to set up securities subsidiaries, a MOF official said yesterday. The units would be allowed to engage in the full range of securities business when Japan's financial markets
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    • Article
      Telerate unveils commodity news service
      119 8 SINGAPORE Telerate Financial Information Services has launched an up-to-the-minute news service for commodity traders. Telerate Commodities Service, which started yesterday, provides information on grains and oilseeds, precious and base metals, energy prices, shipping data, soft commodities, money markets, indices, currencies, statistics and economic indicators. Information
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    • Article
      Lock icon Japan's top banks have bad loans of 2 trillion yen
      683 8 Real estate firms account for the bulk of bad debt Agencies TOKYO Japan's top 11 commercial banks will have bad loans amounting to two trillion yen (Ss2s billion) in the business year ending this month, a leading newspaper reported yesterday.
      Agencies  -  683 words
    • Article, Illustration
      Lock icon Milken's settlement deal with Drexel hits snags
      452 8 NYT NEW YORK The tentative US$l.3 billion (SS2.I billion) settlement that Michael R Milken reached with his former firm, Drexel Burnham Lambert Inc, government regulators and other civil litigants ran into snags on Tuesday as one of the parties, the Federal Deposit Insurance
      NYT  -  452 words
    • Article
      Lock icon Five Thai banks to cut interest rates again
      487 8 Agencies BANGKOK Five major Thai banks will cut their minimum lending rate and minimum overdraft rate to 12.5 per cent from 13.0 per cent, effective tomorrow. Three-month and sixmonth fixed deposit rates will be reduced by one point to 8.5 per cent
      Agencies  -  487 words
    • Article
      Lock icon 16 Indon securities firms' licences revoked
      177 8 AFP JAKARTA The Capital Market Supervisory Authority (Bapepam) has revoked the licences of 16 securities companies for failing to meet new requirements on capitalisation, press reports said here yesterday. The Jakarta Post dailyquoted Bapepam chairman Sukanto Reksohadiprojo as saying that the 16 companies had
      AFP  -  177 words
    • Article
      Lock icon London may lose out in bid to host European central bank
      319 8 Reuter LONDON A top consultancy warned yesterday that London may lose out in a bid to host the planned European central bank despite its place with Tokyo and New York as one of the three global financial centres. The
      Reuter  -  319 words
    • Article, Illustration
      Lock icon UK banks concerned over falling margins
      719 8 FT LONDON Remember how lending to large companies was meant to be getting profitable again? After the paper-thin margins of the late 1980s, the capital shortage afflicting many parts of the banking industry was meant to have led to a rapid widening in loan
      FT; Source: Bank Reports  -  719 words
    • Article
      Lock icon Companies apply to run brokerages in Taiwan
      227 8 AFP TAIPEI Fourteen companies have applied to run broking firms in Taiwan since the country lifted restrictions on such operations in a financial liberalisation. Officials from the Securities Exchange Commission (SEC) said on Tuesday that applicants included banks, syndicates, securities houses and foreign
      AFP  -  227 words
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      206 8 /HOW TO f STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, lo slay successful in business, one has to be highly competitive Thai means having the right image, up- to- date office equipment and lull time experienced staff; yet keeping low overheads. Here at World Wide Business Centre Pte
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      131 9 w The Kangaroo is now a common sight in Africa. <. 5 > i 'jjMtfy* v c >■ H L* >t and Sundays in Johannesburg, >' ■%> --I 7•< '.jP* r vj. ggt •,y .v., y t">-'£- > to be precise. r Because now Qantas -,-rf'?>■■; opens the way to
      131 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Malaysia-US trade up by 15pc to US$10b
        82 10 KUALA LUMPUR Trade between Malaysia and the United States rose sharply by 15 per eent to US$lO billion last year and boosted the trade deficit in Malaysia's favour, the US embassy said yesterday. Malaysian imports from the United States rose 15 per cent
        82 words
      • Article
        KL to set up technology centre
        72 10 KUALA LUMPUR A science and technology centre is to be established in the Ministry of Science, Technology and Environment to spur the country's industrialisation. Known as the Malaysian Science and Technology Centre (Mastic), it will cater to government departments and eventually the private sector,
        72 words
      • Article
        Record numbers visit Australia
        73 10 CANBERRA Australia's popularity as a holiday destination continued to increase in 1991. producing another record year for tourists travelling Down Under. Figures released by the Australian Bureau of Statistics on Wednesday showed 2,370,400 travellers visited Australia in 1991, 7 per cent more than the 2,214,900 who
        73 words
      • Article
        Police defend shoot-to-kill policy
        51 10 BANGKOK Bangkok's top policeman has defended his force's controversial shoot-to-kill policy, saying hardened criminals deserved to be dealt with "in a decisive manner". "Innocent people will praise the legal killings of these people," Metropolitan Commissioner Lieutenant-General Viroj Pao-in was quoted as sav ing in yesterday's Bangkok
        51 words
    • Article
      Lock icon KL encourages local and foreign link-ups
      383 10 Bernama KUALA LUMPUR Malaysia encourages the establishment of formal link-ups between local and foreign entrepreneurs leading to relevant and efficient technology transfer and skills enhancement. International Trade and Industry Minister Datuk Seri Rafidah Aziz said Malaysia was concerned with the kind of technology being
      Bernama  -  383 words
    • Article, Illustration
      Lock icon Indonesia faces problems in its push for growth
      558 10 Geography and speed of its economic success now pose obstacles FT JAKARTA Two years ago. Indonesians referred to "the take-off era" as being a matter of fact and only months away. But a rapid push towards a developed economy has become a
      FT; Source: IMF  -  558 words
    • Article
      Lock icon Thais say no more concessions to US on drug patents
      249 10 AFP BANGKOK Thai and US officials held trade talks here yesterday amid reports that Thailand would refuse further concessions on the thorny issue of patents for pharmaceutical goods. The National Legislative Assembly passed a patent bill last week that will
      AFP  -  249 words
    • Article
      Lock icon China to send trade teams to tap Viet market
      187 10 AFP HONGKONG Trade delegations from several southern Chinese provinces and Beijing plan to visit Vietnam to examine business potential in the country, a Chinese official was quoted as saying yesterday. Wu Binghui. director of the Guangzhou branch of the China International
      AFP  -  187 words
    • Article, Illustration
      Lock icon US team in Hanoi to discuss MIA servicemen
      341 10 Reuter HANOI Assistant Secretary of State Richard Solomon led a US government delegation to Hanoi yesterday to discuss American servicemen missing from the Vietnam War and Vietnam's own humanitarian needs. "This is a long awaited visit and we highly appreciate it." Vietnam's
      Reuter  -  341 words
    • Article
      Police going after HK's biggest crime syndicate
      338 10 HONGKONG Police arrested the alleged boss of Hongkong's top organised crime family on April Fool's Day five years ago. Since then, the joke's been on them. Meet Mr Heung Wahyim, referred to in police circles as head of the "Teflon Triad". Police officials
      338 words
    • Article
      Lock icon Thai media enjoying more freedom
      589 10 Press successfully stalled amendment to libel code Reuter BANGKOK Thai news media have grown in strength and enjoyed expanded freedom even as they function under a government appointed by the military' following a coup in 1991. "In fact, the Thai press enjoys no less freedom
      Reuter  -  589 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      155 10 GROWTH TRIANGLE A special Business Times Survey April 15, 1992 It has been two years since the concept of a growth triangle linking Singapore, Johor and Batam was mooted. How far has development grown under the Growth Triangle? Will changing global economic and geopolitical trends affect the success of the
      155 words
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  • THE WORLD
    • Article
      Lock icon US export promotion lags behind competitors
      521 11 American firms less likely than foreign rivals in getting govt loans, aid NYT WASHINGTON At a time of heightened concern about American competitiveness and lagging foreign trade, debate is growing over whether the United States' modest and loosely coordinated efforts at export promotion are
      NYT  -  521 words
    • Article
      Lock icon India plans more free market reforms
      358 11 AFP NEW DELHI India plans to make the rupee fully convertible, progressively dismantle foreign exchange controls and open its doors wider to foreign capital as it pursues a path of radical economic reform. Finance Minister Manmohan Singh said here on Tuesday. Mr Singh also
      AFP  -  358 words
    • Article
      Lock icon Seoul curbs money supply ahead of elections
      244 11 AFP SEOUL South Korea will strictly control money supply and prices as the upcoming National Assembly elections and this fall's presidential ballot are expected to fuel inflation, officials said yesterday. A meeting of government Cabinet ministers on Tuesday decided to impose strict anti-inflationary
      AFP  -  244 words
    • Article
      Lock icon Shenzhen economic zone to expand five-fold
      188 11 AFP HONGKONG China's most prosperous special economic /one (SEZ) of Shenzhen is to expand its area five-fold to accommodate the need for rapid economic growth, it was reported here yesterday. A Chinese official source, quoted by Hong Kong Economic Times, said the zone would
      AFP  -  188 words
    • Article
      Lock icon Bad time to own a hotel in China, great time to be a guest
      770 11 Shanghai, as well as the rest of China, is facing a hotel glut NYT SHANGHAI The elegant wood panelling in the lobby of the Novotel Hotel here has a freshly polished gleam to it, and an
      NYT  -  770 words
    • Article
      Lock icon United Germany seen as burden to rest of Europe
      398 11 IHT LONDON German reunification. once widely seen as an unalloyed plus for the economies of German's European partners, is now increasingly being viewed as a burden. Reunification*s costs, once assumed to be contained within Germany's borders in the form of higher
      IHT  -  398 words
    • WORLD WATCH
      • Article
        Chinese mafia hits Austria
        106 11 VIENNA The Chinese mafia is making an unwelcome appearance in Austria, with footholds in extortion, money laundering and trafficking in drugs and illegal immigrant labour, authorities here say. Vienna, home to half of Austria's estimated 20,000 Chinese, has some 270 Chinese restaurants, which the Austrian Interior
        106 words
      • Article
        China-S Korean trade seen rising
        94 11 SEOUL China will become South Korea's third largest trading partner after Japan and the United States, despite a lack of formal bilateral ties, the head of South Korea's trade office in Beijing said here. Roh Jae Won told reporters on Tuesday that with the conclusion
        94 words
      • Article
        Seoul's foreign debt up 157pc
        92 11 SEOUL South Korea's net foreign debt increased 157 per cent to U5512.48 billion (5520.6 billion) last year due to a surging current account deficit, a central bank official said yesterday. The foreign debt ended the year at U5539.33 billion, up 24 per cent from 1990,
        92 words
      • Article
        Czechoslovakia in Efta pact
        81 11 GENEVA Czechoslovakia and the seven nations of the European Free Trade Association (Efta) reached a freetrade agreement on Tuesday designed to help integrate the former communist nation into the West's economy. An Efta statement said the agreement, initialled at the Efta headquarters in Geneva, was due
        81 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      548 11 =^s^sssM w OVERSEAS UNION SECURITIES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Securities Limited is pleased to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1991 Ttv Group Th« Company Incr/ Incr/ 1991 1990 (D»cr) 1991 1990 (D»cr) SS'OOO SS'OOO SS'OOO
      548 words
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  • Article
    Incentives for innovation
    453 12 EDITORIAL REGIONAL financial centres such as Singapore are attractive for the global investor for three reasons: the markets are open but well regulated, the infrastructure for introducing sophisticated financial products is readily available and. more importantly, the environment is conducive to innovation. But Singapore's policy-makers are acutely
    453 words
  • WHAT THE OTHERS SAY
    • Article
      Land or peace
      276 12 THE United States' imposition of conditions on US$lO billion in loan guarantees has hurt and angered the Israelis badly. In effect, the US is making Israel choose. Loan guarantees would be forthcoming in proportion to Israel's cooperation in freezing the building of Jewish settlements in the occupied
      276 words
    • Article
      Helping retailers
      110 12 LOCAL retailers would certainly welcome the Government's proposals to upgrade their dwindling business. It would take some time before all the proposals can be fully implemented. However, rather than taking a wait-and-see attitude, it is in the best interest of local retailers to seek help from the Economic
      110 words
    • Article
      Adapting to change
      80 12 THE GOVERNMENT'S announcement of its upgrading plan for HDB retail shops can be seen as an effort to save many small businesses from being phased out. The upgrading plan also addressed the low productivity of these retail shops. Although the multi-agency plan may show the 17.000 over
      80 words
  • REGIONAL VIEWPOINTS
    • Article
      Deng's last influence
      161 12 THE POLITICAL TIDE in China has undergone marked changes in recent weeks. There has been a tidal wave of opinion expressed in the press calling for pressing ahead with reform more courageously by liberalising ideology and placing central importance on the economic construction of the country. The
      161 words
    • Article
      Regional focus continues
      149 12 T HE SINGAPORE GOVERNMENT'S Budget for the finaneial year beginning April 1 will make the island state the envy of many countries, for it expects a surplus of about Si billion. It plans to spend about $14.2 billion against an income of 5515.2 billion. In fact, the
      149 words
    • Article
      Picking winners
      186 12 THE AWARD of the Chek Lap Kok main airport terminal design contract to a British-based consortium will raise predictable protests. Critics will accuse the Provisional Airport Authority (PAA) and indirectly, the Hongkong government, of showing favouritism to the colonial power by granting such a prestigious contract to the
      186 words
  • Article
    Controversial proposal sparks uncertainty
    895 12  -  Leslie Lopez, reporting from Kuala Lumpur, looks at why a Malaysian proposal to change investment rules has caused concern among members of the business community Leslie Lopez A MALAYSIAN plan to introduce sweeping changes to rules governing investments and its long controversial policy of giving ethnic
    895 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      170 12 SingaPort 1992 Todate, Singapore's shipping and maritime technology has come off age. f Ancl t0 markthis maturity, Business Times W 1)6 pul:)l sh n9 SingaPort '92 /Ral llj Supplement on March 25,1992 to tie in VffilPl 11/ with the official opening of SingaPort '92 International Maritime Conference and Exhibition(on till
      170 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      84 12 DOONESBURY by garry trudeau THIS mi WIJGOT THAT MY HUSBANP GOT THROW XMPT&NG. HE'S HAH IJ*6OTTA HOU ABOUT WVRPECr FIGHT. I'M CUT OF UXFK.ANV I WASN'T UHAVS POtNG FP£EIANC£ SAi CLASS' tTIGfVE UIAPUNF A rmmWHCE GETTING ANY GIGS, SO I'M XV* NOW. IN FACT, HE'S NITETNIJE HER A TOP OF
      84 words
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  • ANALYSIS
    • Article
      Lock icon Army generals in S-E Asia still wielding political clout
      847 13  -  Development of real democracy free of powerful army elites has lagged behind South-east Asia's often spectacular economic progress, says Angus Mac Swan Angus MacSwan Reuter EVEN as authoritarian regimes around the world fall by the wayside, many South-east Asian countries are
      Reuter  -  847 words
    • Article, Illustration
      Financial engineering: the science behind the deal
      1148 13  -  Financial engineering is destined to become a buzz word in Singapore's banking sector. S N Vasuki examines how new financial products are engineered in large markets like New York and London S N Vasuki SHERMAN McCOY, hero and villain, bonddeater turned hit-and-run artist
      1,148 words
    • Article
      Lock icon Family businesses find difficulty restructuring
      676 13  -  Asia's family-run firms are faced with the harsh reality that there is no way to run a mom-and-pop multinational corporation. Laurence Zuckerman reports Laurence Zuckerman IHT THE FAMILY business may be the foundation of capitalism the world over, but in Asia it has a special
      IHT  -  676 words
  • Page 13 Advertisements
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  • ADVERTISING AND MARKETING
    • COPY LINES
      • Article
        O&M wins marketing 'Oscar'
        102 14 SINGAPORE Ogilvy and Mather Direct Singapore has won the Caples Award which is to direct marketing what the Oscars are to the film industry. The Caples, named after one of advertising's greats, John Caples, was given for the Chivas Secret programme which O&M Direct Singapore developed
        102 words
      • Article
        Coca-Cola launches Texas blitz
        117 14 NEW YORK It was no accident that Coca-Cola US chose Monday for starting a Texas-only advertising campaign. Those who know their Lone Star State lore know March 2 as Texas Independence Day. The campaign, by GSD&M Advertising in Austin, carries the theme "Coca-Cola, Texas, Home of
        117 words
    • Article
      It's the season to shift ad accounts
      880 14  -  Ad agencies are pitching for each other's accounts. But this situation is normal for this time of the year, reports Sangeeta Mulchand Sangeeta Mulchand Advertising accounts are playing musical chairs again, and agencies are cheerfully going a-pitching. Far from being worried about the
      880 words
    • Article, Illustration
      Adhesive maker to set up office in Singapore
      583 14  -  Loctite is moving to Singapore following the route taken by its customers. Hong Lee Tiam reports Hong Lee Tiam SINGAPORE Loctite (Asia), one of the world's largest adhesive and sealant manufacturers, intends to set up an office in Singapore in order to
      583 words
    • Article
      Recipe for success
      503 14  -  Cakeshop owner and caterer Yen L Choo tells Cheryl Liew her strategy for expansion Cheryl Liew Great things often have humble origins, and this is the maxim that Yen L Choo subscribes to. While she does not go so far as to say that she has already
      503 words
    • Article, Illustration
      Calling cheques
      207 14 THE latest advertising medium? Cheque books. Customers with the Ifongkongßank group in Singapore will soon be able to use a series of cheque books that aim to communicate the bank's concern for environmental conservation. The books will feature four different bird species (above). According to the bank, this
      207 words
  • Page 14 Advertisements
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  • SPORTS
    • Article, Illustration
      Lock icon America3 continues to dominate
      427 15 America's Cup AP SAN DIEGO Bill Koch's America 3 continued its dominance of Dennis Conner's Stars and Stripes on Tuesday, winning the opening race of Round 3 of the America's Cup Defender Selection Series by 1 minute, 11 seconds. The 22.5-metre America 3, sailing in 10-knot
      AP  -  427 words
    • Article
      Lock icon Sublime technique and perfect balance
      645 15 Cricket: World Cup AP SYDNEY The rising star of world cricket, India's Sachin Tendulkar, is too cautious to make noise with anything but his blazing bat. But there are plenty of people ready to acclaim the Bombay teenager as a man with special talents. Tendulkar,
      AP  -  645 words
    • Article
      Lock icon Emotional debut for S Africa's first non-white player
      411 15 Reuter WELLINGTON Making an international cricket debut is hard enough, but for South African Omar Henry, deep emotion was mixed with the usual butterflies when he took to the field against Sri Lanka. For Henry, at the age of 40, went into
      Reuter  -  411 words
    • Article, Illustration
      Lock icon Biondi, Evans make US swim team
      351 15 Reuter INDIANAPOLIS, Indiana Matt Biondi and Janet Evans, the leading American medal winners at the 1988 Olympics, on Tuesday booked passage to this year's Barcelona Games with victories at the US Olympic swimming trials. Both Biondi and Evans had failed to make the Olympic
      Reuter  -  351 words
    • Article
      Lock icon Round and round the World Trade Centre
      302 15 AP NEW YORK New York City, no stranger to large-scale and unusual events, can now add one more to its roster the Marlboro Grand Prix auto race that will go round and round the twin towers of the World Trade Centre in Lower
      AP  -  302 words
    • SIDE LINES
      • Article
        S African rugby team to play against Australia
        105 15 SYDNEY South Africa has agreed to play World Rugby Union champions Australia at sea level in Cape Town's Newlands Stadium in their one-ofT Test on Aug 22. "Newlands is the home of rugby in South Africa and it is an honour that
        105 words
      • Article
        Carlsson beats Volkov
        31 15 COPENHAGEN Unseeded Kent Carlsson of Sweden ousted top-seeded Alexander Volkov of Russia 6-4, 6-7, 6-4 on Tuesday to advance to the second round of the U*****,000 Copenhagen Open.
        31 words
      • Article
        Harding changes coaches
        81 15 NEW YORK Tonya Harding, fourth at the Albertville Olympics, has changed coaches but will persist with a triple axel at the World Championships in three weeks. The American, the only woman with Japan's Midori Ito to have landed a triple in competition, fluffed with four tries at
        81 words
      • Article
        Alen leads rally
        122 15 LISBON Five-times winner Markku Alen of Finland put his Toyota Celica at the top of the leaderboard after a scorching run through the dirt when the Portuguese Rally got underway on Tuesday. Alen timed one minute 36 seconds for the 2.3 km super special, two seconds faster
        122 words
      • Article
        Czech Davis Cup players
        66 15 NEW YORK Petr Korda, Karel Novacek. Marian Vajda and Cyril Suk will play for Czechoslovakia in its Davis Cup quarter-final against the United States. The United States Tennis Association said on Tuesday that the match will be played from March 27-29 at Fort Myers, Florida. The
        66 words
      • Article
        Lewis faces fitness test
        131 15 SYDNEY England strike bowler Chris Lewis faces a fitness test today before selectors finalise their side for the intriguing re-match of the 1987 World Cup cricket final with Australia at the Sydney Cricket Ground. Lewis has had cortisone injections in a bid to hasten the recovery
        131 words
    • Article, Illustration
      Lock icon Connors advances in Champions Cup
      307 15 Reuter INDIAN WELLS, California Ageless wonder Jimmy Connors and a trio of his more youthful compatriots Andre Agassi, David Wheaton and Michael Chang on Tuesday advanced to the second round of the US$l million Champions Cup tournament. World number one Jim Courier, along with the
      Reuter  -  307 words
    • Article
      Lock icon Graf scores easy victory in Florida
      237 15 Reuter BOCA RATON, Florida Top seed Steffi Graf, playing only her second tournament of the year, trounced Italian Linda Ferrando in 57 minutes on Tuesday to move into the third round of the U*****,000 Virginia Slims of Florida. Graf, who received a first round
      Reuter  -  237 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      864 16 psß Nothing Beats A Bud. where to wine, dine JIKINC OF ORGANISE YOUR OWN KARAOKE' It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round
      864 words
    • Advertisement
      Page 16 Advertisements Column 2
      265 16 A For only $36++, the most /-ff scrumptious spread awaits those Ji II who enter Top of the M. Be I Ij amongst the privileged. fA la cmrU Cant mental drmner wgkrty I tromb 30 fm to 10 JO pml last order) 1 19th floor We SCTve world to you
      265 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      717 16 TELEVISION AND RADIO "WAI'MIIII umrMI—IIIMII——» Hlli IK«i» I SDwMMMMMMMWWK iJMN——■ «—l—«————<•• ■niIIIIMMUKaMMnMaHMMMMMMMnMBMaMMMMMHMMHIaaaMI.nHIiia I■ ll llll> II« lIIWIW Ml Off n—K I,W|MM tWW— I KlU———■—TMl T 1 P 830 America's Funniest Home 6.45 With the Quran. Qiiciue&ftii'iilhJfr I ArpAV\ n V% I 1 -V-A Videos (Stereo). 7.00 CNN. BUSINESS ON RADIO
      717 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Survival music out of the dark continent
      915 17  -  Erena Dobnik on Ladysmith Black Mambazo Erena Dobnik AP FOR YEARS, Joseph Tshabalala and Ladysmith Black Mambazo have sung the music of the South African farmlands. Now, their nine voices speak of a death, he says, which reeks of racism. "It's the law
      AP  -  915 words
    • Article
      Lauren Bacall opens up about her smoking
      495 17 CHATTERBOX THE FIRST line Lauren Bacall uttered in her first movie, To Have and Have Not. was, "Have you got a match?" "It was very effective; it made an impression at the time," Miss Bacall said on Tuesday, even as she tried to
      495 words
    • Article
      Lock icon Wine-and-pate diet takes the US by storm
      348 17  -  Americans are rushing to eat like the French, says Marian Burros Marian Burros NYT AFrER news reports in the past few months that the French eat as much fat as Americans, yet have about half the number of heart attacks, sales of red
      NYT  -  348 words
    • Article, Illustration
      A man of many parts
      503 17  -  Dawn Tan on veteran actor-director-raconteur Sir Peter Ustinov Dawn Tan FOR MOST performers, a one-man show can be a daunting prospect. But for veteran Peter Ustinov, who needs little else other than the stage and the spotlight to spin audio-vi-sual poetry, it's all in a
      503 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      156 17 AND ENTERTAIN A buffet of perennial favourites with a different selection everyday Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Mexican Specialities Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at $19.50++ per person. An a la carte menu is also available. ANA
      156 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market rebounds but investors still cautious
      4232 18  -  By Carolyn Lim FOLLOWING two days of falls, the Singapore market yesterday bounced back on a technical rebound and selective bargain-hunting. Recovery of some blue chips pushed the benchmark Straits Times Industrials Index up 7.37 points to 1,459.92. Trading, which was delayed for 15
      4,232 words
    • Article, Illustration
      HOT STOCK
      65 18  -  By Anthony Pang Comment THIS stock has broken its first two support at 85 cents and 80 cents. The medium and long-term indicators point to more downside risks, with the nine-week moving average having turned downwards. In the short term, however, some support may be found at the
      65 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2966 19 Semb Shipyard 750 25 3.4% Jurong Ship 50« 980 20 2.1% OCBC Foreign 1150 +20 +1.8% SI A Foreign 1940 +20 +1.0% Spore Land 510 +18 +3.7% Singmanne 50* 456 +16 +3.6% Keppcl C Wt 515 +15 +30% Keppel Corpn 775 +15 +2.0% GPB SS1.60
    2,966 words
  • Page 19 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3446 20 1JM Corpn 250 30 +13.6% Southern Bank 253 +23 +10 0% Tasek Cement 310 +15 +5.1% Rash id Hussam 235 12 +5.4% Land General 157 f 7 +4.7% Vt Banking 505 +7 +1.4% Guinness 50* 346 +6 +1.8% Gentings 5C 845 +5 +0.6% Pub Bk
    3,446 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      146 20 SIMGAPORE WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! yara g > n "jr.. wl* 4 vf Subscribe or renew your subscription now. <rrV, The first 130 subscribers will receive a 125 ml bottle of Montana after-shave worth $58. j Expiry Date Sisnature I Please iend th)s
      146 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices end mixed in moderate trading
      5188 21 Bernama SHARE prices in Kuala Lumpur finished mixed yesterday on lack of followthrough support amid the absence of market incentives after moving on a steadier note but in narrow bands earlier. In moderate trading, the KLSE Composite edged down from the day's high
      Bernama  -  5,188 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      96 22 Company Date Year Group Net Net earnings Cross ann to profit/loss <L> per share dividend (000) (cents) Cerebos Feb 13 Sep 91 $*****|< J38 911) 148(128) 236TE(30TE) KL Kepong Feb 13 Sep 91 M$64 883(162 895) 153(148) 15(15) NST Feb 10 Aug 91 M$55 298(59 064) 30 9(33)
      96 words
    • Article
      PRELIMINARY RESULTS
      246 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Keppel Corpn Mar 3 Dec 91 $270,740(1225 008 35 2(31 2) 10(8) MTC Feb 29 Dec 91 M$56.314 ($68,736) 17 5(19) 372(372) Jurong Ship Feb 28 Dec 91 $91 395(170.647) 63(50
      246 words
    • Article
      INTERIM RESULTS
      304 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Cons Plant Feb 29 Dec 91 M$59.800($40 600) 10(8) DMIB Bhd Feb 29 Dec 91 M$20.500<$20,400) 6(6) Sea View Feb 29 Dec 91 $5.285($2.701) Sime Darby Feb 29 Dec 91 MS358.800(S320.100) 7(7) Sime UEP Feb 29
      304 words
    • Article
      CORPORATE DEVELOPMENTS
      249 22 Mar 3 Kay Han James Cape! Holdings Ltd is investing $3.84 m in a 50% stake in Trans-Pacific Credit, a firm that provides margin financing. The Cycle Carriage group will build two hotels on prime land in Kuala Lumpur and Petaling Jaya. nctcnm Keppel Group is in the
      249 words
    • Article
      DIVIDENDS ANNOUNCED
      610 22 Current Ex Books Date Total for Total for payment date dose payable the year last year A scan Find US10((b) Mar 10 Mar 20 Mar 30 US10C US10C Avino 20c 12 5«tTE Mar 3 Mar 13 May 15 175%TE 12 5%TE BMT S10 (100) 50*1(1) Feb 21 Mar
      610 words
    • Article
      APPROVED ISSUES
      215 22 Company Rights Issue Asa Px Land Four for seven M$0 50 per share Ex-date: Jan 3 Books close Jan 17 Acceptance Payment Mar 5 MC8 Hldjs Onetorten MSI 10 per share E» date Feb 2< Booki close Mai 9 Acceptance Payment NYA Ted) Resources Four tor five fa
      215 words
    • Article
      PROPOSED ISSUES
      536 22 Company Rights Issue Aftance Tech One (of we «g I 00 per shate Bofton Issue of $90 978m nominal amount of 35" Redeemable Unsecured Guaranteed Bonds 1991 '96 with 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for every three existing shares held
      536 words
    • Article
      COMPANY MEETINGS
      130 22 Kuala Lumpu Kepong Bhd: 19th AGM at the registered office, Wisma Tatho, 1, Jalan S.P. Seemvasagam. ***** Ipoh. Perak Darul Ridzuan, Malaysia on Thursday. Mar 5, at 11.30 am Batu Kawan Bhd: 27th AGM at the registered office, Wisma Taiko, 1. Jalan S.P. Seentvasagam, ***** Ipoh, Perak Darul
      130 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 22 In local chit In SS In l'S$ d> >t S d> >r d> S >t Mar 3 Index chge chge chge chy chge chge World 404.3 0.0 -1.0 -0.6 -3.0 -0.8 -4.6 tEAFE 494.9 -0.4 -1.4 -1.3 -5.6 -1.5 -7.1 Europe 441.0 0.4 7.2 -0.6
      362 words
  • Article, Illustration
    CHARTING SERVICE
    607 22 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    607 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Stock prices end higher on news of prime rate cuts
      2186 23 Reuter NEWS that five major banks will cut prime rates tomorrow boosted trade mainly in major property firms yesterday, but brokers said other sectors also benefited. The SET index ended 4.64 points higher at 793.16 on a turnover of 6.53
      Reuter  -  2,186 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Prices close mixed in fairly active trade
      1160 23 JAKARTA share prices closed mixed in fairly active trade yesterday, brokers said. The official index fell 0.64 of a point to 282.21. The turnover dropped to 4.39 million shares compared with Tuesday's 5.08 million. Bank Duta fell 50 rupiah to 3,000 on turnover
      1,160 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      8 23 Personal Finance Investment in Business Times every Saturday
      8 words
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      Page 23 Advertisements Column 2
      94 23 The Straits Times Classified Where j i buyers j sellers I I meet a usec MODERN OFFICE The StraitsTSmes (April 6,1992) Nov/s your chance to advertise in a special feature that will enhance your products a services.. .and to reach out to your target audience effectively. Our feature on MODERN
      94 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close slightly firmer in dull trade
      2568 24 Reuter TOKYO stocks ended moderately firmer after a day of thin, directionless trade dominated by arbitrageurs. Brokers said a weaker yen and fears linked to corporate earnings revisions took their toll on prices. "It's very difficult to find any focus. Pharmaceuticals are powering
      Reuter  -  2,568 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Overseas funds push prices to new high
      2599 24 AFP OVERSEAS funds pushed share prices on Hongkong's stock market to another new high yesterday despite the government's decision to increase the corporate profit tax. The Hang Seng index, the market's main indicator, gained 43.37 points, or more than 0.8 per cent, to
      AFP  -  2,599 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stock prices close lower after discount sales
      2255 25 Reuter THE Australian share market closed lower yesterday, driven down by discount selling by a large domestic institution. Brokers said trade was quiet and the market lacked direction or enthusiasm. "A few big lines of stock were being offered at a discount to
      Reuter; SOURCE: PONT DATA  -  2,255 words
  • REGIONAL STOCK MARKETS
    • Talk of economic package boosts Seoul stocks
      • Article
        Untitled
        53 25 INDiCES TURNOVER Close Mar 5 PruioM NEW ZEALAND NZSE-40 Capital unav 1.484.36 MANILA Composite Index Turnover (million) 1.159 98 756.0 1.157 46 542.6 +2.52 213.4 TAIPEI Weighted Price Index Turnover (NTS billion) 5.066 40 25< 5.056.64 32.9 +9.76 -7.9 SEOUL Composite Stock Index Turnover (billion won) 630 43 unav 615.92
        53 words
      • Article
        SEOUL
        835 25 A RUMOUR yesterday that the government would unveil a package of pump priming measures to boost the sluggish stock market ahead of a general election later this month sent the Seoul index bouncing up in active mid-after-noon trade. A government spokesman denied them and brokers described them as unlikely,
        835 words
      • Article
        TAIPEI
        536 25 THE Taiwan stock index finished slightly higher yesterday in sluggish trade and brokers said the market seemed to have found strong support at the 5,000 level. The weighted index rose 9.76 points to close at 5,066.40 compared with Tuesday's 5,056.64 finish. Turnover was thin at NT$25 billion against NT532.9
        536 words
      • Article
        MANILA
        514 25 SHARE prices were virtually unchanged in Manila yesterday in listless trade as investors kept away from a market weighed down by election worries and fears of bloodshed. "The market stood still. Fears over political violence are mounting," said Conrad Andres, chief analyst at Philippine Asia Equity Securities Inc. He
        514 words
      • Article
        Untitled
        127 25 New Zealand Mar 4 NZ Cents Vo»("00) ANZ Banking 562 3 98 Bank Of NZ 64 -I 4735 Bavcorp '6 16 69 Bneriey Inv 99 -2 ***** Carter Holt 239 1 ***** Cavalier 288 unch 101 Ceramco 252 2 1779 Fernz Corp 7- *2 Fletcher Chi 329 2 5973 Goodman
        127 words
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  • WORLD STOCK MARKETS
    • Stocks climb to lift Dow to record high
      • Article, Illustration
        NEW YORK
        1521 26 STOCKS in New York climbed for the second straight day on Tuesday in cautious trading on buying encouraged by another set of positive economic news, lifting the Dow to another record high. The Dow Jones Industrial Average, which rebounded 7.60 points on Monday, added 14.98 points to 3,290.25,
        1,521 words
      • Article
        FRANKFURT
        225 26 THE Frankfurt stock market was firm on Tuesday as the DAX spot trend index rose by 15.44 points on the day to close at 1,763.31, its high point so far this year. The Commerzbank indicator tacked on 17.90 marks to finish at 2,026.70 points. Operators said trading was on
        225 words
      • Article
        PARIS
        264 26 THE Paris Bourse ended Tuesday's session with a small gain as the CAC-40 stock price index closed at 1,983.77 points, up by 0.19 per cent from the Monday close. The indicator had opened with a 0.04 per cent dip, showed a fair gain of 0.50 per cent at its
        264 words
      • Article
        MILAN
        278 26 ITALIAN shares closed broadly lower on Tuesday, with pronounced falls in the banking sector weakening the market as a whole. Dealers said Monday's report by Moody's Investor Services, which said rapid loan growth in Italian banks could create asset quality control problems, triggered losses of 2-3 per cent for
        278 words
      • Article
        STOCKHOLM
        78 26 PRICES on the Stockholm bourse firmed gradually during Tuesday's session in big volume, supported by lower domestic credit yields and gains on foreign stock markets. "There have been some positive signals from abroad, particularly the rise on the Frankfurt bourse," one dealer said, noting that Frankfurt posted its highest
        78 words
      • Article
        JOHANNESBURG
        411 26 SHARES finished softer on the Johannesburg Stock Exchange on Tuesday as demand waned and the financial rand continued at its firm opening levels. The overall index lost 19 points to 3,559 and the industrial index slipped 22 points to 4,375. The All Gold index staged a mild recovery to
        411 words
      • Article
        TORONTO
        406 26 CONSTITUTIONAL squabbles returned to the forefront, keeping Toronto stocks flat in thin trade on Tuesday as investors stayed cautious, dealers said. A software glitch caused the Toronto exchange to close floor trading for more than four hours, virtually halting trade. "We just traded in Montreal on the Montreal Exchange,"
        406 words
      • Article, Illustration
        LONDON
        863 26 HOPES for lower interest rates and tax cuts when the government announces its budget next week kept share prices firm on Tuesday as rumours of an imminent takeover bid for a leading listed company persisted. "Hie blue-chip Financial Times Stock Exchange 100-share index, which slipped 7.8 points on Monday,
        863 words
      • Article
        Untitled
        279 26 Brussels Mar 3 Francs FORWARD MARKET Acec 2555 10 Arbed 4160 100 Astur 520 Brascan 550 6 Canpac 522 6 Cock 163 -3 De Beers 814 +8 Ebes 7730 GBelg(P) 2255 10 Gb-Inno-Bm 1390 unch Gevaert 7030 40 Gr Bru Lamb 3555 20 Hobok Petro ***** 100 Ryl Dutch 2625
        279 words
      • Article
        Untitled
        75 26 INDICES TURNOVER NEW YORK Dow Jones S& P 500 Turnover (million) Mar 3 Qoae Previous 3,290.25 3,275.27 +14.98 412.85 412.45 +0.40 204.65 180 67 23.98 LONDON Financial Times JO FTSE 100 Turnover (million) 1.987.0 1,981.2 5.8 2,565.4 2,554.3 +11.1 468 2 433.6 34.6 FRANKFURT DAX Index 1,763.31 1.747.87 +15.44 AMSTERDAM
        75 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback climbs higher against yen in late Asian trade
      1220 27 REPORTS ASIA TOKYO: The US dollar yesterday clambered up against the yen in late Asian trade on buying from early European operators, with dealers hesitant to venture a guess as to when the rise will halt. The dollar was softer against
      1,220 words
    • Article
      INTERBANK FOREX RATES
      376 27 Cross rates Mar 3 USS SS MS Dm Yen SFr AS NZS USS 1.6450 2.5780 1.6580 130.90 0.5757 1.5080 1.3298 1.8265 SS 0.6079 1.5672 1.0079 79.5745 0.3500 0.9167 0.8084 1.1103 MS 10.3879 0.64 0.6431 50.7758 0.2233 0.5849 0.5158 0.7085 Dm 0.6031 0.9922 1.5549 78.95 0.3472 0.9095 0.8020
      376 words
    • Article
      MONEY MARKET
      532 27 Interbank rates SS Bid Offer Overnight 3 3 1/8 1-month 3 7/16 3 9/16 2-month 3 1/2 3 5/8 3-month 3 1/2 3 5/8 Overnight mode: 3-5/8 i US$ Bid Offer 7 days 4 3/16 4 5/16 1 month 4 1/4 4 3/8 2 months 4 1/4 4
      532 words
    • Article
      Lock icon Sterling performance for British pound in ERM
      347 27 Reuter LONDON Sterling's membership of Europe's exchange rate mechanism (ERM) has been encouraging and the currency has attracted buyers when it has fallen within wide 6 per cent bands. Bank of England governor Robin Leigh-Pemberton said on Tuesday. "Sterling has fluctuated within the
      Reuter  -  347 words
    • Article
      Lock icon Interest in Nigerian debt-equity swaps down
      289 27 Reuter LAGOS A widening gap between official and free market foreign exchange rates is undermining investor interest in Nigeria's threeyear old debt-equity swap scheme, bankers said on Tuesday. "Until the official forex rate firms up or the central bank is willing to take lower
      Reuter  -  289 words
    • Article
      FINANCIAL FUTURES
      1112 27 SjjjEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.68 95.69 95.67 95.68 1220 ***** 3855 Jun 92 95.40- 95.41 95.39 95.40 4850 ***** ***** 95.41 Sep 92 95.07 95.07 95.03 95.05 3850 ***** 6398 Dec 92 94.40 94 41 94.38 94.40 1300 6894 3099
      1,112 words
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  • COMMODITIES
    • Article
      PRICES
      1370 28 Rubber Mar 4 MS (te> hi tatw) Scenls/kg Noon Close Int I RSS Prompt 134.50/135.50N 134.50/135.50N Int I RSS Apr 92 134.50/135.00 134.50/135 00 Int I RSS Mav 135 25/135.75 135.25/135.75 Int 2 RSS OP 132.50/133 50N 132.50/133 50N Int 3 RSS OP I32.00/I33.00N 132 00/133 OON Int 4
      1,370 words
    • Article
      KL tin hits new low to close at M$14.09
      868 28 REPORTS TIN PRICE on the Kuala Lumpur Tin Market yesterday hit a new 65-month low to close slightly easier at M 514.09 per kg for a two-sen fall from Tuesday on higher offerings and a firmer ringgit, dealers said. The last
      868 words
    • Article
      Lock icon Copper may be spared market downturn: analysts
      446 28 Reuter LONDON The copper market escaped the ravages of price weakness that plagued other base metals last year and may remain immune again this year, analysts said. Doubts over supplies from key producers, recent declines in inventories and a spurt of buying by
      Reuter  -  446 words
    • Article
      Lock icon Opec output needs farther cuts to avoid price collapse: survey
      260 28 Reuter LONDON Opec cut oil output by 210,0 CX) barrels per day (bpd) to 24.2 million in February, but a Reuter survey released on Tuesday showed it needs to turn off the taps still further to avoid a price collapse
      Reuter  -  260 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1448 28 BUSINESS TIMES Toll free Tel No 737 0043 *Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, AND IN THE MATTER OF API BUILDING INDUSTRY SUPPLIES PTE LTD (Incorporated in the Republic of Singapore) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the members of API
      1,448 words
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      Page 28 Advertisements Column 2
      6 28 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1273 29 tny FHglrt ETA Flight ETD <Um PfcaM 0A887 1415 GA894 2015 AMaMa QF5 2010 SQ228 2040 Anutartiam SQ23 0700 GA894 2015 KL833 0955 KL834 2325 GA975 1525 Auckland BA11 1225 SQ285 2215 tafcrata Gf 148 0915 GA525 1450 B SmI l«p»H Bt453 1105 SQ182 0915 SQ181
    1,273 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Fisherman's paradise
      647 29  -  POSTCARD FROM PAPUA NEW GUINEA By Shoeb Kagda From the hotel, the sea looked inviting tranquil and calm with the rays of the sun bouncing off the small waves which gently rocked the boats anchored in the harbour. Just out of the bay, the majestic volcano, its lush
      647 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2342 1.2309 Canadian dollar 1.3700 1.3946 NZ dollar 0.8916 0.9188 Sterling pound 2.8467 2.88S3 US dollar 1.6440 1.6520 Local dollars to 100 units of foreign ourenc) Austrian schilling 13.97
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      74 29 Duration Title Venue Organiser Tel Mar 28International Ban. Italy Fiera Del (39)80/*****2 April 5 Fair for Leisure. Levante Sports Tourism April International Yugoslavia Zagrebacki (38)41/*****6 Days of Tourism VaJesajam April 7-12 International Helsinki. The Finnish Fair *****5091 Building Fair Finland Corporation Duration Title Venue Organiser Tel April
      74 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      45 29 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe boa Mart to Prnnnli
      45 words
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      Page 29 Advertisements Column 2
      24 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-2577
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      Page 29 Advertisements Column 3
      17 29 wntf# WW W W W W TODAY IN THE NEW PAPER 2359 fllll siflsr A En A
      17 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      239 29 1 Alarm just inside the L^_ marshy area ■B__B(__JBL__^B^_HL_Jliß__Pß__Jß[ francs initially to appease j Bring about a result BB__fl^_j|B__flß__^^L--BB__JBL__.^Bj 10 Help over a long wriggly 111 I I I I J™~Mil or game- |^^^^^^B|B|H^J|B^^B|MB|b^J|B^J|B 12 Teas one's serving up in a J 1 F 1 J I I cup THT"""■■
      239 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      161 29 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 33.4 Assoc humidity 59% Minimum temperature 24.8 Assoc humidity 97% Hours of sunshine 10.25 Rainfall in mm Nil Rainfall this month 12.3 Rainy days this month 1 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 22/15 Cloudy Bangkok 34/22
      161 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      50 29 rro tuinkimg Q r /GO' r .t fsnD \Ou'D\ UvW'S r H e oeA of 6R»JGM&I MPiKwG Pi FilM u< "Puvy TH£ vouf? CArnCOEDtR TD WORK" Pi DPiV 'M JlvjV r N;L e l£_*D J Ir— tiPE 0f Pi &UVING V ta£R<'"- J Jt& Bb2fc ASSOCIATCO NtWSPAPtRS LTD. HH-'HJ ol>o~
      50 words
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  • Article
    Lock icon Victory for Bush in US primaries bitter-sweet
    513 30 Buchanan manages to galvanise voters AFP WASHINGTON Primaries held in four US states gave a bitter-sweet victory to President George Bush as his conservative rival again proved he can galvanise Republican voters unhappy with Mr Bush's handling of the economic crisis. The primaries
    AFP  -  513 words
  • Article
    Lock icon CIS plagued by fresh wave of violent ethnic conflicts
    314 30 Reuter MOSCOW A fresh wave of bloodletting in ethnic conflicts inherited from the Soviet Union is threatening the empire's successor, the Commonwealth of Independent States (CIS). The worst clashes have been in Nagorno-Karabakh, a remote, mountainous enclave disputed by Armenians and
    Reuter  -  314 words
  • Article
    Lock icon Malaysia's inflation up 4.4pc in Jan
    240 30 AFP KUALA LUMPUR Malaysia's inflation rate edged up 4.4 per cent in the year to January and 0.6 per cent over that of the preceding month, the statistics department said yesteiday. The higher inflation rate, as measured by the consumer price index (CPI), was
    AFP  -  240 words
  • Article
    Lock icon Japanese firms plan to cut investment: survey
    256 30 AFP TOKYO A survey released yesterday showed Japanese firms were planning to cut investment, as calls for a reduction in the official discount rate widened. But Bank of Japan governor Yasushi Mieno ruled out any imminent easing of the bank's credit grip at
    AFP  -  256 words
  • Article
    Lock icon PC users: beware of Michelangelo virus tonight
    482 30 Reuter NEW YORK When the clocks strike midnight tonight, a phantom computer saboteur somewhere in the world will toast the birth of a new Michelangelo. For thousands of people and companies across the world who switch on their IBM-compatible personal computers tomorrow, the
    Reuter  -  482 words
  • Article, Illustration
    Making the best of Orchard Turn site
    952 30  -  The Bottom Line ALVIN TAY ALVIN TAY The writer is a BT news editor THE LOCATION of Orchard Turn, a piece of prime land sitting on top of busy Orchard MRT station, is perfect. It's no wonder that the Urban Redevelopment Authority (URA)
    952 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      313 30 [222S GM YOUR FAQ THE EXECUTIVE TREATMENT '■^spi■■■■■n Diminished M rr y |,nes ~~~leading to fine lines Remcwed s the look o» 111 tired baggy eyee "^f*~~'" theonsetof fc*n*wd V Wm stress lines Removed- ||Hk open pores and blackheads W| A Mj^mP? Removed HBl the start of 1 the double
      313 words
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      Page 30 Advertisements Column 2
      88 30 The World's Finest Photographic System The Indisputable Genius Of Gerald Genta gSrald genta StnMPorr IMt »MK'RtAASS«li*liv Pt.i/.i Ipl 7M2420 I •N« nm T«*l .MShS.'" '11M I entrepot lei 7 WIVW PpoinsuU PU/J lel H7RMW i iBVW> I Ri'ndfsMrx eIH *****h2 Raffles Tel M4LMI Tprmtrwl I a .ist West W ings)
      88 words
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  • Shipping Times
    • Article
      Conway appoints Euro Pac as regional agent
      304 31  -  By Selva Kumar SINGAPORE US-based Conway Intermodal recently overhauled its South-east Asian operations, by appointing a new owner's representative and changing its agents for the region. Last Monday, homegrown Euro Pac Shipping Agencies Pte Ltd was appointed Conway Intermodal s regional agent for
      304 words
    • Article
      Lock icon Chrysler expects to market electric cars in mid-1990s
      209 31 Reuter LOS ANGELES Chrysler Corp hopes to begin marketing electric vehicles in the mid-*****, company officials said. "We are targeting the mid-*****," Jean MallebayVacqueur, Chrysler general manager for special products engineering, said. Mr Mallebay-Vacqueur said Chrysler first commercially available electric vehicle would
      Reuter  -  209 words
    • Article
      Lock icon US company receives order for double-hulled oil barges
      199 31 Reuter NEW ORLEANS Gretna Machine Iron Works said it has received an order for ocean-going crude oil barges with double-hulls from Bouchard Transportation Inc of Hicksville, New York a major mover of crude and crude products. Two barges, each 467-feet long with
      Reuter  -  199 words
    • Article
      Lock icon Missing bulk carrier found after an hour's search
      210 31 AFP PERTH A Hongkong-reg-istered bulk carrier feared missing off the Western Australian coast was located on Tuesday less than an hour after a search was launched. A spokesman for the Air Traffic Controllers' Union, David Mac Lean, who was co-ordinating the search
      AFP  -  210 words
    • Article
      Lock icon Air New Zealand defers Boeing delivery
      256 31 Reuter WELLINGTON Air New Zealand said it was deferring by at least two years the delivery of six new Boeing Co 737-300s. The decision had been taken because "hushkits" equipment which reduces noise on airline engines had become available for the present fleet of
      Reuter  -  256 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      872 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 2 •ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 I Bangladesh Shpg
      872 words
    • Article, Illustration
      Asiana upgrades participation in Abacus reservation system
      313 31  -  By Rahita Elias SINGAPORE Bookings of seats on Asiana Airlines' flights can now be instantly confirmed since the airline upgraded its participation in the computerised reservations system Abacus on Tuesday. The South Korean carrier's direct sell participation allows the Abacus system to automatically
      313 words
    • LOG BOOK
      • Article
        Ukraine signs US$400m phone deal with ITT
        55 32 KIEV Ukraine signed a US$4OO million (***** million) contract with the US communications giant ITT for updating the telephone systems in 12 of its 25 districts. Defence Industry Minister Victor Antonov said. He said the German firm Siemens was vying for the contract
        55 words
      • Article
        Firm finds Japanese partner
        75 32 PARIS French engineering firm Technigaz has found a new Japanese partner, Japan's Hitachi Zosen shipyards, Bouygues Group announced here on Monday. Technigaz is a 100-per-cent-owned subsidiary of Bouygues Offshore. It specialises in carriers of liquefied natural gas, and the Technigaz cryogenic storage terminals have been cooperating
        75 words
      • Article
        Precision to offer FAA services
        75 32 WASHINGTON Precision Approach said it will offer its aircraft, flight inspection experience and its integration expertise to the US Federal Aviation Administration for the FAA Flight Inspection Aircraft System Programme. Precision Approach includes British Aerospace Pic's British Aerospace Inc unit, Gulfstream Aerospace Corp. CASA Inc,
        75 words
      • Article
        Delta to raise domestic fare
        90 32 CHICAGO Delta Air Lines Inc said it will match UAL Corp's United Airlines two per cent domestic fare increases but only on excursion fares. Starting tomorrow. Delta spokesman Neil Monroe said fares that require a roundtrip purchase and generally a Saturday night stay will go
        90 words
      • Article
        Boeing seeks aid for superjumbo
        67 32 PARIS Boeing Co may enlist partners to build a superjumbo jet to seat over 600 and could offer them an equity stake on such a programme, a Boeing official said. Boeing has historically worked with other manufacturers as subcontractors. Its main competitor. European consortium Airbus
        67 words
      • Article
        AMR Corp reviews charges
        110 32 NEW YORK AMR Corp chairman Robert Crandall said American Airlines is looking at changing the way it charges for serv ices to lower fares but increase revenues. Mr Crandall, said recent price increases by major airlines are not the beginning of a trend. "I think we
        110 words
    • Article
      DAILY FREIGHTS
      528 32 TALK of more orders received in the Pacific charter market boosted freight rates in the area as the Baltic Freight Index rose four points to 1,227, dry cargo brokers said on Tuesday. The only exception was the US North Pacific/Japan route, where there was uncertainty as overnight fixture
      528 words
    • Article, Illustration
      Lock icon Magnetic wave power
      1448 32  -  New federal funds have strongly fueled programmes for magnetic-levitation train transport. The train will have no locomotive but propelled by a magnetic wave. Will this be a mere fantasy? Malcolm Browne reports Malcolm Browne NYT COULD trains floating on invisible magnetic cushions one day earn people from
      NYT  -  1,448 words
    • Article
      COCKETT BUNKER MARKET REPORT
      858 32 THIS twicc weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      858 words
    • Article
      THE SHIPPING GUIDE
      7188 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      7,188 words
    • Article
      SHIPPING AGENTS
      3418 45 A X mJK C ontainerline Belsin Shpg Vgencies Pte Ltd (SVMarine Handling Sdn Bhd (PKPN) Wucd Group: Accord Shpg Pic I Id (SV Accord C'onlr 1 inc (PK PN). Jkris Business orporation Philippine < 'alsource Shpg I rdg Pic 1 Id (SI \hrenkiel Liner Voice knn Shpg Jt
      3,418 words
    • Article
      COURIER SERVICES
      283 45 Mnuus uvim Id 545-8011 lav \ir I- xpress I ravel Tel: 533-5771. F ax: *****44 \irborne Freight orporation Id: 542-8844 Fax *****16. *****K0 \irswift Worldwide ourier Td: 2784)188 f ax: *****83 VJS Supplies Id: 748-6322 (2 lines!. 747-7421 l av *****75. it)-I.ink International Id" 344-3377 Fax: *****50 luster
      283 words
    • Article
      AIR FORWARDERS
      1565 45 Abex F.xpress Freight Td: 542-7171. Fax *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerulink Freight International Tel: 545-8033. Fax: *****05. \erospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Fx press Tel: 542-5454 Fax *****06 Air F xpress International Tel: 542- 7 666
      1,565 words
    • Article
      PORT CONDITIONS
      3118 46 ARGENTINA Labour situation has remained quite this week Buenos Aires: Port busv with most general cargo berths occupied: no delays. Villa Constilucion: No vessels in port/roads/due San Nicholas: Three vessels berthed of which I loading steel products. I discharging fuel oil. I awaiting berth Necochea: A national grain
      3,118 words
    • Article
      AIR FREIGHT SCHEDULE
      558 46 ARRIVALS DEPARTURES Op Might lip* eta From j Op Might l>p« KID 1 lo TODAY TODAY KM. KE697 B747F 0150 I SEL K\l. KF.697 B747F 0440 I BKk SI A SQ827 B747E 17*0 2 CPH/DXB SIA SQ/ B747E 0715 2 DXB/LON CLX CV7«M B747F 1845 1 LUX/DXB
      558 words
    • Article
      SHIP SALES & TANKER RATES
      1123 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Pearl of Abu Dhabi: 64,657 dwt and built June 1979 Sumitomo Uraga. ideas U5514.75 million. Currently on time-charter till April/May 1992 at US$ll.OOO per day. Try offers including balance of time-charter or on completion. Falcon Sea: 384.173 dwt and built July
      1,123 words
    • Article
      CRUISE & FERRY SCHEDULES
      552 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait l)ep Name of Vessel ETA EI D Ports of (alls Port Agent MARCH 05 05 Song of Flower 0800 2130 Sin-P Tioman Neptune Agencies 06 06 Asuka 1000 2300 Sin-Penang-P Wang NYK Agencies 06 06 Sagatjord 0800 2359 World Cruise Thoresen Co 06 07
      552 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        725 47 Vessel Voy No Berth Arrival Departi*e Vessel Voy No Berth Arrival Departure Marina Terminal 1 Jurong Port Batain Maiu *****2 M04 alongside 0503 0500 Al Heba )2 alongside 05 03/0700 Batammdo 1 167S M01 alongside 04 03 1900 Asi 15/B )5 alongside 05 03/1900 Blue Power 3
        725 words
      • Article
        IN MALAYSIAN PORTS
        207 47 Johore Port Berth: 1: Sumi Yoshi Maru; 2: Emity Iran Will; 3: Johan; 4: Bangkok Navee; 5: Kota Jati: 6: nil. 01 jetty: Global Venus, Chatchawin No 3. PetrobulK Power. Wangurer. DCJ: Gloria, Soon Hin. Due on Mar 4: Global Jupiter, Santi, Blue Sea, Geniki. Grace Luna.
        207 words
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        CONTAINER SCHEDULE
        1070 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance Rstts Shi> Voy No Etb/Btr Period From To From Ace Concord 25E 07/0800 2 04/1700 05/0659 05/0900 3 05/0700 05/1159 05/1400 4 05/1200 05/1459 05/1700 AC* Lily 21A 07/1800 1 04/1500 04/1659 04/1900 3 05/0700 05/1159 05/1400 4
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      Lock icon GM plans to step up Opel sales in Japan
      172 48 Reuter DETROIT General Motors Corp (GM) vice chairman John Smith said the company plans to sell as many as 20,000 German-made Opel sedans in Japan next year and will begin shipping American-made Saturn cars to Taiwan in June. The moves will
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      Lock icon Major airline reservations systems to merge
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      Lock icon US panel to classify foreign vehicles for higher tariff
      292 48 AP WASHINGTON The Senate Finance Committee agreed on Tuesday to classify some foreign minivans and other multi-purpose vehicles as trucks, which would boost the tariff from 2.5 per cent to 25 per cent. The provision, attached to a wide-ranging tax bill
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      Lock icon Wireless global phone calls move closer to reality
      234 48 AP TORREMOLINOS, Spain The day is approaching when a caller driving the backroads of Nigeria will be able to pick up a telephone to talk business to an associate on a fishing trip in Canada. The World Administrative Radio Conference ended on
      AP  -  234 words
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      32 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Ship- Jsj ping Association. t or adverti tint; enquiries, iitnhul Shipping I lines I II I 74n-2im/74H-2im
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      597 31 THE FAMOUS I AIMiMk/ MM awjm 224 1833 For more information please refer to Pg. 13 Airline reservations systems plan to merge, Pg 18 sae MARITIME TECHNOLOGY: GLOBAL CHANGE AND RESPONSE SingaPort '92 INTERNATIONAL MARITIME he SingaPort '92 International Maritime Exhibition and Conference is organised EXHIBITION AND I by the
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      236 31 K S U P EWS SUMMARY Magnetic wave power COULD trains floating on invisible magnetic cushions one day carry people from New York City to Los Angeles in one hour, or is magnet ic-levita-tion transportation, even in some less ambitious form, a mere fantasy? Page 2 Major reservation systems plan
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      125 32 r A WSBKm v v w Scalpel...scissors...sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Essential information accessible every business day through Business Times. In the same way
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      2772 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES «||l| A *****11 *****09 \llffr BOOKINGS TEL: *****234 *****58 WWrtTTM^ TERMINAL/CFS TEL *****2 18 220 P CCuCQ H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L A m PORT KELANG TEL *****18 FAX *****91 *****88 tft n..01i»„ PENANG TEL *****4 FAX *****1 CFS TEL
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      2133 33 TRANSPORT DIARY •Mar 10-14: Cruise Shipping 92 Conference Exhibition, organised by Seatrade at Miami Beach Convention Centre. Miami Beach. Florida. USA. Mar 19: New International Trade Terms and Rules ol Shipping Practices Seminar, organised by Elim Management Services. Eor details, please contact tel: 292-5670 or fax: 298-IXO4 COURSES Mar 10-Apr
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      1483 33 ■amfii TWO SAILINGS TO U.SJV. MAGLEBY MAERSK 9204 ETA SIN 10/3/92 SEA LAND MARINER 130E ETA SIN 9/3/92 Vessel Voy ETA ETO~ Feeder by DESTINATIONS Johanna to This week Magleby Maersk 9204 10/3 0800 hrs Port CPS 9/3 2359 HRS Kelang Penang OAK LGB HOU MEM ATL MIA CHS BAL
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      1593 34 ROAM/ VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HAHVE KATSURAGI 10/109 5/3 14/3 28/3 24/3 23/3 THAMES 10/309 7/3 25/3 27/3 30/3 31/3 LA SEINE 23/110 12/3 21/3 4/4 31/3 30/3 KMT KELANG PEMANC HOECHST EXPRESS 02/310 15/3 1/4 3/4 6/4 7/4 KAGA 23/111 19/3 28/3
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      757 34 SEASPAC SERVICE CONTAINERS O BREAKBULK DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT PALEMBANG 3301 FB 25-27/3 7/4 10/4 14/4 COPIAPO 3403 EB 9/4 25/4 27/4 3/5 Transit Time (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P VIIA FASTEST SERVICE TO CHILE/PtRU SIN
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      1415 34 uai REGULAR INDEPENDENT FULL CONTAINER SFRVirF WEEKLY LCL SERVICE WE ARE PLEASED TO ANNOUNCE AS FROM NORASIA SAMANTHA V 9202-3 ETA SINGAPORE 16/3/92 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS. ITALY VENICE/TRIESTE/ANCONA EGYPT ALEXANDRIA/PORT SAID TURKEY IZMIR/MERSIN GREECE PIRAEUS MALTA VALETTA SLOVENIA KOPER FOR BOOKINGS/ENQUIRIES PLS CONTACT MR
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      1997 35 W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building 0208 Tel: *****88 Fa*: *****17 ACCEPTS DUE SAKS CARGO SPORt B'KOK u112"2?2" ««SUS PROGRESS V 707N 06 07 MAR 10-11 MAR VO3E Muara Shan, Taw 11-12 Mar 07 Mar 13 Mar W WAN 08 09 MAR 11-12 MAR
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      Page 35 Advertisements Column 2
      2219 35 SINGAPORE AGENT: /\||f o j|tp|«o P&O Containers (Singapore Agencies) Pte Ltd V A 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 w CR Number **********0Z EXPORT IMPORT VESSEL VO* *PNG "PKG SIN ~l ALG SOU
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      577 36 tgJJIUIiMII CR NBR **********0-O EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY S PORE ROAM AOAM HBURG BRtMtl WWW MAI ARAM 31W8 9/3 1? 4 16 4 20 4 23 4 SAIWIAYA 34W8 15 4 18 b 23 i 21 i 30 5 KUTAi ,'SWB 2/b 5/6 10 6 14
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      1339 36 0 HANJIN SHIPPING FOR VSI [S* IMF HAU IGB OAK FDR VSI SIN IIM HAUL SAV in NYC HANJW ELIZABETH 003E 8/3 DRECI 74/3 1/4 HANM KWANGYANG OWE 9 3 H YOKOHAMA 03* IC/4 17/4 19/4 HANI* VANCOUVER 00K lb/3 OKFCT 5 4 8 4 HANJM KUNSAN 072E 16 3
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      1320 36 _kVJ d- T c-1 I, nu scr ik wc n( rus in o» net wno 111 cms w nciN«Rnnri«nDCiaii I E CENTIE RE-R43 10/3 11/3 U/3 11/J 20/3 23/3 24/3 26/3 27/3 a/3 29/3 10 4 22/4 ?A 4 »A S/S 6S 7/S »/S 9/S 19/5 29/5 2/6 3/6 I
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      2014 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 HPM af UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 ■Mb AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 •jW NEPLINE SDN
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      Page 37 Advertisements Column 2
      799 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND-DSCHMOWG WESTBOUND-LOADWG TRAMSHFTtD VIA ROTTERDAM wjjfij Sot [w fiiu
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      1584 38 K X AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W V TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/B^9 i I I W4m MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I i* A ■jf TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■H KAWASAKI KISEN KAISHA, LTD INDONESIA:
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      844 38 PHiU-ORI€NT UN€S PT€ LTD 4% j' Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69/*****00 Tele*: RS ***** FAX: *****76 *****38 Z'/2 BY AIR, LAND OR SEA.... d®V WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION j AUS TKAUAMEW ZEAUMO/SOVTH MCIFVC FCUICt tBWKt 09
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      Page 38 Advertisements Column 3
      414 38 GOLDEN LINE > lv£>%k GUAN MH SHPWG TNy/<\ (PTE) LTD W 23. TcM »rm Strut SN6VOW 0104 18. *****U (10 UK) Fn *****0* (CI to U*****0000N) ITtAIW/WMUII CULT MITICT S port P Heiang Pfnanj MUSISTAR Cotomto lUrac* Dubai 10.12 tor GOLDEN HOWE* ColomOo Karachi. Out* 20/30 Mar CHINA SEKVICK A
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      1142 39 SSSSSmUmm pacific international lines <pte> ltd SSSSSSS? V VflV 140 Cec street > #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO *****6fOOQQE kaSARTA I [BANGKOK '714 VESSEL VOV SIN JKT SIN VE#BEL VOY B,N B,N KOTA RAKYAT 101 S/3 10/3 IS/3 >*QASUS PROGRESS 707N S/3 S/3 13/3 BUNGA TERATAI
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      1261 39 EacßenV CLASS CONTAINER TRANSPORT FEEDER VESSEL 1 PENANG PKELANG I OCEAN VSL/VOY" SIN SOU (1) HTM (2) HAM (3) 1 GOT (4) ANSON/TBN 6/3 7/3 TQYAMA 2092 10/3 27/3 29/3 30/3 1/4 ANSON/TBN 13/3 14/3 AROSIA 2102 17/3 3/4 S/4 6/4 0/4 ANSON/TBN 20/3 21/3 NIHQN 2112 24/3 10/4 12/4
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      544 39 M* MYANMA VHk FIVE STAR UNE (Myanmir National Lina) Loading for Yangon (Rangoon) Spore P.Kit Pan PGd| MYOMA rw* VI4ON 7/11 M« 4/1 Mar AVA VtUW 10/13 Mar 5/8 Ma> HP* All *174* 12/15 Mar PAGAN VI BON 19/21 Mai THE BANK UNE (A sorvica of Andrew Weir Shipping) SEMI-CONTAINER
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      605 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS "SSEI W SP PR IK u NAWAM 1 Sl# SID 41 9/3 11/1 lAAI Mi. AN' |l 11/3 IS/3 SEAI AAEISM 71 11/3 U/J TMJB AUTO JJ M /l 11/3 CtSHK CHALLENGER IS 11/3 M/ 3 SMAI H 19/3
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      86 40 [Spore P Kelang Loading for I ■DS PIONEER 5/3 1/3 Rdm/Atw/UK. Nantes I ■fURIA 15/3 18/3 Rdm/At*'UH Nantes E S'pore Loading for HpAN RISER 12/3 Dubai/Bahrain/Darmnam/Kuwait I Ipuma 15/3 Aden/Hodeidah/ leddah I IhECTOR 12/3 Dubai/Bahrain/Dammam I HIISE 15/3 Hodeidah/ieddah/Aqaba/Port Said I Span GLORIA 20/3 Hodetdah/ieddah/Aqaba I [S'pore Loading for ■BE
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      116 40 800 Australia <& New Zealand Weakly LCL Consolidation CARGOFLO. Singapore-Australia Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand v I W, Auckland Wellington Lyttleton 1 n I f New Plymouth Napier Christchur*h 1 ii Te*****4788 W VA# ii™«w mMm Fax: 2272Q83 7 fSSSI EUROPE/S.E.A. BREAKBULK SERVICE PMR. VESSEL JIN Bl BREMEN
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      1263 41 /gg TO BANGKOK/ VIETNAM DIRECT £TI! NcUIIUyU LIIICO Sri Bhum/4MN 9/3 12/3 Tricolor S«|/*****2 27/3 30/3 FEEDCT VESSEL PUG PEN OCEAN KSSEI SM LEH RTM(I) HAM(2) BRV a* SOU GOT VESSEL At PJ(| Tin «Bkk Sin Sbiyi Auckland Fiji(A) NPlymauth(A) Timaru LrtteWon(B) Dme<fci(B) Napier WeCnfton(C) Tauranja W Bhum/562 B Seroia/833
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      815 42 TO AUSTRALIA/NEW ZEALAND ~«I Tsii iFram 1 1Mb |S«d ftuck |P CHAIM ELLIN HUOK 287 20/3 27/3 1/4 4/4 10/4 12/4 MfUSStI ?U 12/4 19/4 23/4 27/4 3/5 5/5 C VCROIMI ?W 23/4 \JI 4/4 10/5 14/5 IJ/5 ANTHWEttPEN 2M 10/5 17/5 22/5 27/5 2/8 V 4 TO USA/CANADA WL
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      Page 42 Advertisements Column 2
      1039 42 EXPORTS TO HONGKONG. TAIWAN. MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKI PEW MT ISW |MNim"6~MO KEE TYO Tok SM2 IwO AO6 II VESSEL VOT |S1 [Ptg PEN BLW «N "c CARIMEIt 15>** 2 3 **4 3 3.3 6 3 10 3 12 3 17 3 17.3
      1,039 words
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      Page 42 Advertisements Column 3
      1669 42 1 CHINA OCEAN SHIPPING COMPANY PULL CONTAINER LINER SERVICE mum-i AGENTS SW6APORE S GENERAL AGENTS witd* CHUNG CHIAO SHIPPING SON BHO rnsTiß SHIPPING PTE LTD P T GLOBAL "JSi- *1 TEL ******1/17 fAI *****92. ***** INDONESIA MARITIME t. KLAMG TEL 3W1106/I Til MA ***** JRT TE: (021)*1U7. *1704 PtNANC TEI
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      664 43 /g FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 24 LINES) LIMASSOL/PIREAUS 8/3 ROTTERDAM 8/3 HAIF A/ASHDOD/ALEX ANDRIA 8/3 HAMBURG/BREMEN 8/3 MARSEILLE/FRANCE 873 FELIXSTOWE/UK 8/3 BARCELONA/SPAIN 873 LEHAVRE/ANTWERP 8/3 GENOA/ITALY 873 GOTHENBURG/SCANDINAVIA 8/3 10S ANGELES/WC/IPI 8/3 SYDNEY/MELBOURNE 8/3 NEW YORK/EC 8/3 FREMANTLE 13/3 VANCOUVER
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      910 43 (S RICHFIELD MARINE AGENCIES (S) PTE LTD tB TEL: *****33 (12 Lln«s) EFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lln«t) Pt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOACMNG FOR SPORE ABYOT 28WB 30 03 DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 26M8
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      Page 43 Advertisements Column 3
      862 43 JAKARTA BANGKOK wr m «t jam Ivor wawi umm ~1 AM BHfl U3S 07/03 10/03 MAHA BHUM# 9IN Fri 06/03 Mon 05/03 BIWIA BHUM 24S 11/03 14/03 IARU BHUM 18* Fn 06/03 Won M/ 03 AKA BHUM 134S 14/03 17/03 NANTA BHUM 80* Sun 08 03 Wed 11 03 BtNIA
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      1531 44 y—nmmwiii I -n-rnnnrnrTimrrtirintyirii-irifririnnwriri r>>rrnr r-^ MAC-NELS S'PORE IMPORT: *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P KELANG (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 i 1 I I PEN PK c |N PK SIN /C 1 /nj Colombo 7/3
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      Page 44 Advertisements Column 2
      389 44 BLUE STAR LINE TO FROM H/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM NPV ML LYT SIN PROSPECT 17S 1/3 20/3 VIA NPL 22/3 1/4 MANOAMA 0516 12/3 24/3 VIA NPI 2C/3 12/4 PREMIER 17S 28/3 7/4 VIA NPt 9/4 2C/4 FULLY CONTAINERISED SAILINGS
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      1112 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE. TOSOCO SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL I*OT TETA DEST VESSEL IMY SfffE t KEIAK KIM SOON LI
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      Page 47 Miscellaneous Column 1
      305 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 ****************************************1900 2000 2100 2200 2310 j» 26 26 23 1.7 12 09 07 C 8 1 1 16 23 28 29 28 24 18 12 08 05 04 06 10 18 2.4
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      1130 48 TS& I K t 1 f li 1 "i L I lij L» 1 /HYUNDAI MERCHANT j/lARINEro.LTp. EASTBOUND TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Fgpq vot net WD sw mmm wt mo lbh oak a< in hah dot kao tcm/sm pti St* RANGER NOO3 28/02 27/82 25/02 H. HONOR 471
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      692 48 I 111 Brisbane Fremantle J Any problem going* Melbourne DOWN UNDER Call us today! SW JKf PKL PEN BKK MNL JOH BSB tsi *****11 *****66 *****98 *****8 *****29 *****76 *****1 *****3 fax *****59 *****14 *****88 *****8 *****17 *****79 *****5 *****5 our USA SERVICE CALLS Ifh* in [m» fna |m*m |m»
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