The Business Times, 9 March 1992
1992-03-09
1
44
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The Business Times
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Title Section16 1992-03-09 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, March 9, 1992 75*16 words
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NEWS SUMMARY
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52 1992-03-09 1 AP KUALA LUMPUR Malaysia wants Myanmar to stop oppressing Muslims and allow the return of those who have fled to Bangladesh. Foreign Minister Abdullah Ahmad Badawi said yesterday his ministry would soon summon the Myanmar ambassador to protest the oppression of Muslims inAP - 52 words
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63 1992-03-09 1 Reuter KUWAIT Central Bank governor Sheikh Salem Abd-ul-Aziz al-Saud al-Sabah said yesterday that a plan to rescue the emirate's banking system using government bonds to buy billions of dollars in bad debts was close to implementation. "Without tackling such a problem comprehensively,Reuter - 63 words
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MARKETS SUMMARY
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Article, Illustration27 1992-03-09 1 Fri Change BT-MGA 696.53 -6.07 Kuala Lumpur ...590.94 -2.99 Tokyo 20,992.99 +128.57 Hongkong 4,908.90 -55.39 Sydney 1,604.7 -3.6 New York 3,221.60 -19.90 London 1,968.6 -2.027 words
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Article24 1992-03-09 1 Exchange rates USS SS 1.6570 100 Yen SS 1.2586 MS SS 0.6459 Money market rates Overnight 3 1/8 +1/4 3-month 3 7/16 unch24 words
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Article30 1992-03-09 1 Rubber S'pore Apr 134.25«/kg -0.25 M'sia Apr 209.00«/kg -1.00 KL Tin Turnover 43 tonnes +17 Spot MS 14.10/kg unch Crude palm oil Turnover 864 lots +359 Apr MS905/tonne +730 words
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Article, Illustration633 1992-03-09 1 William Chia - Group sees role in strategic planning, human resources development By William Chia SINGAPORE Permodalan Nasional Bhd (PNB), Malaysia's largest trust fund with an investment portfolio of Msl2 billion (557.7 billion) and 2.4 million members, is taking a more active633 words
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194 1992-03-09 1 Reuter TOKYO Koko Sato, a ruling party leader, said the Bank of Japan (BOJ) will lower the official discount rate from the current 4.5 per cent later this month, according to media reports. Mr Sato, one of the ruling party's threeReuter - 194 words
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474 1992-03-09 1 Hong Lee Tiam - By Hong Lee Tiam SINGAPORE Hongkong has emerged as the number one tourist destination in Asia for last year, followed closely by Malaysia, which topped the charts in 1990. Singapore remained in third position. By the end of 1991, a total of 6.03474 words
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223 1992-03-09 1 IHT FRANKFURT Otmar Issing, the Bundesbank's chief economist, warned on Friday that the future European Central Bank should not settle for anything less than zero inflation as a goal. Even as he spoke at a symposium in Innsbruck, however, several GermanIHT - 223 words
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602 1992-03-09 1 Magdalene Ng - By Magdalene Ng SINGAPORE DBS Bank chalked up a healthy 10 per cent growth in group net earnings for 1991, despite slower loan growth and softer interest rates. Boosted by better results from most subsidiaries, lower provisions for bad debt and lower taxes,602 words
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Page 1 Advertisements
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Advertisement594 1992-03-09 1 mil 7f)tK m/k V t 4 I 4 *"iW/M n m MIK.1MOTO I ho ()i i;;injlor of Cultured l'cjrls Since 1893 KiljiU r KAMPOOLI ILWLLLLKS hS On lijfiJ RdjJ *01-07 IMa/j (C.round I l«H>r) Singapore 0^2^ I el: 336-1381 Marine still looks good THE marine industry in Singapore remains attractive594 words
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Advertisement18 1992-03-09 1 Cold Storage plans to sell Tuas bottling plant, Pg 3 Sydney as a regional financial centre, Pg 1018 words
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Advertisement71 1992-03-09 1 rin Dulux THE BETTER PAINT Naturally enthusiastic. Aboard Japan Airlines, you quickly sense a genuine who encounter the refreshing hospitality of JAL once, do so enthusiasm on the part of the in-flight crew It's easy to see again and again Welcome aboard Japan Airlines Where a they enjoy what they're71 words
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SINGAPORE NEWS
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NEWS ROUNDUP
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85 1992-03-09 2 THE ECONOMIC Development Board is to lead a 14member team to UK to recruit Singaporeans and other nationals to work in Singapore. The mission, which begins its visit to London on March 14, is the first recruitment mission by EDB's International Manpower85 words
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Article117 1992-03-09 2 COMMUNICATIONS Minister Mah Bow Tan announced several moves on Saturday to improve the service of the Registry of Vehicles (ROV). Chief among them is the introduction of electronic bidding for Certificates of Entitlement (COEs). This means that motorists and motor distributors will be able to bid117 words
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Article58 1992-03-09 2 THE URBAN Redevelopment Authority and the Housing and Development Board said in a joint statement on Saturday that they have introduced a $9 full-day parking coupon. The new coupon can be used in URA or HDB carparks that charge 40 cents per half hour but not in58 words
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Article32 1992-03-09 2 BP HAS officially opened its latest new-look service station in Bedok. The station was rebuilt at $1.5 million from a previous one at the same site which was razed.32 words
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198 1992-03-09 2 CREDITORS of the debtridden former developer of Johor's Desaru resort are unhappy that the company has decided to accept compensation from the Johor government. In a statement issued yesterday, the creditors of Desaru International Resorts Sdn Bhd (DIRSB) said the decision was made although198 words
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480 1992-03-09 2 Chuang Peck Ming - By Chuang Peck Ming DIRECTORS and managers tend to job-hop more often because of their mobility and the higher pay they can command, say two local academicians. In a new book called The Singapore Worker A Profile (Oxford University Press), Chew Soon Beng480 words
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234 1992-03-09 2 COMBINE the pension and CPF plans to build loyalty to the job and the country, two local academicians suggest in a study. Chew Soon Beng and Rosalind Chew of the Nanyang Technological University, in a new book called The Singapore Worker A234 words
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279 1992-03-09 2 LIKE Singapore, Malaysia is studying the introduction of a value-added tax, said Dr Mukul Asher, associate professor at the National University of Singapore's economics and statistics department. That is one of the reasons why local retailers should not worry unduly about any279 words
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315 1992-03-09 2 Ang Wan May - By Ang Wan May THE WORLD'S third largest elevator manufacturer, Kone Elevators of Finland, hopes to tap further into the fastgrowing Asian market by increasing sales and manufacturing of components. Out of the US$2.3 billion (Ss3.B billion) worldwide turnover figure for 1991, over315 words
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168 1992-03-09 2 THE Minister of State for National Development, Lim Hng Kiang, said on Saturday that the Construction Industry Development Board (CIDB) was taking steps to upgrade construction management skills. Mr Lim said the CIDB would introduce two programmes this year one to upgrade management and168 words
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Page 2 Advertisements
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Advertisement427 1992-03-09 2 SAMSUNG NOTEMASTER 3865/20N Anyone with a passing knowledge of PCs will be fascinated with Samsung latest model, the Note Master 1 J The State-of-the-art PC features a full-size 10 inch VGA jl J sß J display of 80 characters by 25 lines with excellent contrast I IjgJ W for minimum427 words
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Advertisement335 1992-03-09 2 ASTLEY INTERNATIONAL INTERNATIONAL POWER Quality table ware and giftware PRESS LTD i)T) a Tire iTn Dealing in reconditioned power press machir)ery t BKAIMb (ELEVATOR BUCKETS) Li V consultancy services for he power press working Elevator buckets made from pressed steel and industry. Provides complete 'turnkey' Packages of c plastics; Rubber335 words
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COMPANY NEWS 1
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Article, Illustration412 1992-03-09 3 Sylvia Wong - By Sylvia Wong SINGAPORE Just two years after shifting its bottling plant from Upper Bukit Timah to Tuas, Cold Storage Holdings Ltd (CSH) is now looking for buyers to take over the 110,000 square feet facility. Mr John Lim, the chief412 words
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360 1992-03-09 3 Conrad Raj - By Conrad Raj SINGAPORE The marine industry in Singapore remains attractive because of high prices for new ships, tight credit and the fact that more than half the world's tanker fleet is older than 16 years. Speaking at a reception to mark his appointment360 words
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383 1992-03-09 3 SINGAPORE Keppel Corp yesterday denied agency reports that it was negotiating with the American government for one of the two remaining drydocks at Subic Bay. However, a company spokesman said that the Singapore marine-based conglomerate was still interested in investing in the US naval383 words
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Article800 1992-03-09 3 Leslie Lopez - Lawyers outline three-pronged defence to dismiss suit in the US From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Bank Bumiputra Bhd outlined a threepronged defence over the weekend to dismiss a US$3billion (554.9 billion) lawsuit in the United States for allegedly "looting" the assets of800 words
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234 1992-03-09 3 SINGAPORE Cold Storage Holdings Ltd (CSH) will add 55,000 square feet of retail space to its profitable supermarket business in the next 18 months. CSH, which now operates about 100,000 sq ft at 10 locations, will add 10,000 sq ft at Siglap234 words
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COMPANY BRIEFS
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109 1992-03-09 3 SINGAPORE Lum Chang Securities Pte Ltd director Tan Kay Miang was fined $4,000 last Saturday for causing the securities firm to buy 3,335 shares directly from its holding company Lum Chang Holdings Ltd. The ofTence, which breached the Companies Act, was committed on or109 words
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80 1992-03-09 3 SINGAPORE Idris Hydraulic Ltd managing director Ishak Ismail said last week that his company is in the midst of restructuring the board and management of Talasco Insurance. Mr Ishak said the revamp was taking longer than expected. Until the exercise was completed, it was unwise for80 words
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Article73 1992-03-09 3 SINGAPORE Metrojaya Ltd said last week in a statement to the KLSE that none of its directors or substantial shareholders have any interest in the acquisition of Laguria and Weathermaster Airconditioning except for Ismail Mohamed, who is a director of Metro Multiples. Metrojaya also said that both73 words
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Article39 1992-03-09 3 SINGAPORE The Malaysian Armed Forces Superannuation Fund (LTAT) has sold 5,000 Resorts World Ltd shares, reducing its stake in the company to 35.57 million units. The transaction was done on Feb 21, 1992.39 words
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Article90 1992-03-09 3 SINGAPORE Postmix Sdn Bhd, a member of the Lion Group, has bought 10,000 sqm of land in Penang for M 538.5 million (5524.8 million) to develop a shopping complex and hotel. The land is located beside the Komtar complex and Shangri-La Hotel in Penang.90 words
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COMPANY BRIEFS
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128 1992-03-09 4 HONGKONG Grande Holdings Ltd and Semi-Tech (Global) Ltd said they have abandoned a joint bid to buy 32 per cent of Japan's Sansui Electric Co and would acquire separate stakes instead. The two groups, both consumer electronics groups in Macau casino tycoon Stanley Ho's128 words
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Article86 1992-03-09 4 HONGKONG China's special economic zone of Shenzhen plans to set up a stocks fund to regulate share prices which authorities fear fluctuate too wildly, it was reported here last Saturday. The fund will come from contributions from successful applicants for a listing and would86 words
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Article70 1992-03-09 4 TOKYO US ratings agency Standard and Poor's announced here last Thursday that it had placed office equipment maker Ricoh Co Ltd on a creditwatch for a possible downgrade. The photocopier, telecopier and camera maker said recently that for the financial year ended March 31, it expected70 words
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Article71 1992-03-09 4 BANGKOK State-owned Petroleum Authority of Thailand (PTT) has awarded Bredero Price (Malaysia) Sdn Bhd a 670 million baht (5543.2 million) contract to seal and coat 340 kms of undersea gas pipelines in the Gulf of Thailand. The agreement called for Bredero Price, a unit of71 words
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378 1992-03-09 4 Reuter TOKYO Minolta Camera's multi-million dollar set- tlement with Honeywell and worse than expected sales will push the Japanese cam- era-maker into the red again in the year to March 31, 1992, the company said on Friday. The forecast cameReuter - 378 words
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620 1992-03-09 4 Said Abdullah - By Said Abdullah SINGAPORE Japan's leading food and beverage group Suntory, which took over Cerebos Pacific in 1990, is moving its Asia-Pacific operations base from Tokyo to Hongkong, in a bid to capture a bigger share of the consumer market in the620 words
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403 1992-03-09 4 HONGKONG Shun Tak Holdings has posted a 38.1 per cent increase in net profits before extraordinary gains to HK5431.4 million (5592.2 million), from HK5325.7 million, for the year ended December, 1991, the South China Morning Post reported over the weekend. The satisfactory results403 words
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Article, Illustration422 1992-03-09 4 Reuter SEOUL When South Korea announced tighter results reporting requirements last month, local speculators responded by sending the stock market plunging. "They feared all sorts of skeletons would emerge from the cupboard," said a broker at a Seoul securities house. But stocks analysts and foreignReuter - 422 words
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307 1992-03-09 4 BANGKOK The Central Group, Thailand's largest department store chain, has already completed a restructure under the group's plan to list all of its properties on the stock market in the near future, The Nation reported late last week. According to Sudhitham Chirathivat, the group's executive307 words
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563 1992-03-09 4 Ben Davies - MONTHLY ROUNDUP By Ben Davies FIRST it was the listing of Bangkok Land, then the unprecedented rise in banking and property shares, now the Securities Exchange (SET) is basking in some of the highest turnovers for years. Volume alone reached a daily average of 9.05 billion563 words
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478 1992-03-09 5 Group making massive cash call to finance purchase Reuter LONDON Thorn EMI pic said it will buy Virgin Music Group for £560 million (S$ 1.59 billion), including debt, and will fund the purchase with a £516 million rights issue. Thorn saidReuter - 478 words
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Article, Illustration406 1992-03-09 5 Reuter LONDON Richard Branson, the entrepreneur who founded a worldwide music empire from a phonebox during his school lunch hours, sold it on Friday to concentrate on his new love, the airline industry. Mr Branson's £400 million (S$ 1.14 billion) shareReuter - 406 words
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Article469 1992-03-09 5 £100 m raised is still minuscule compared to USssb claims Reuter LONDON Three months after the collapse of Robert Maxwell's publishing empire, the army of accountants and lawyers picking up the pieces have sold 13 businesses and are estimated to have raised over £100 millionReuter - 469 words
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464 1992-03-09 5 Reuter ZURICH Swiss drugs firm Sandoz AG will report a 1991 profit rise that proportionally exceeds its sales increase, chairman Marc Moret said in a newspaper interview. Asked by the Schweizerische Handels Zeitung if profits would rise more thanReuter - 464 words
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415 1992-03-09 5 FT PARIS The labyrinthine struggle between Nestle and Italy's Agnelli family for control of Source Perrier, the French mineral water company, has swung in favour of the Swiss food multinational. A commercial court in Nimes, near Perrier's spring in southern France,FT - 415 words
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COMPANY BRIEFS
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116 1992-03-09 5 AMSTERDAM Europe's largest brewer, Heineken NV, on Thursday reported 1991 net profit of 409.7 million guilders (*****.4 million), 12 per cent higher than the previous year's 365.7 million. The figure was in line with share analysts' expectations. The net profit excluded an extraordinary116 words
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Article89 1992-03-09 5 SAN FRANCISCO Continuing a turnaround, National Semiconductor Corp on Thursday reported results at the high end of Wall Street analysts' estimates. Reduced operating costs and a special pre-tax gain of US$B.5 million (Ssl4 million) from patent licensing fees helped National Semiconductor's net income. For the third quarter89 words
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Article83 1992-03-09 5 ROME Italy wants to subscribe to its share in the recapitalisation of microchip producer SGS Thomson Microelectronics NV, but is looking for a suitable private sector partner to share the burden. Michele Tedeschi, a director of state holding Istituto per la Ricostruzione Industrial (IRI), said83 words
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Article80 1992-03-09 5 BEVERLY HILLS MGM Grand Inc, citing the recession, reported on Wednesday a fourth-quarter loss of US$4.7 million (557.79 million) compared with a loss of US$l2.7 million in the fourth quarter of 1990. Revenues for MGM Grand, which operates MGM Grand Air and the Desert Inn,80 words
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344 1992-03-09 5 Reuter LONDON Britain's Ladbroke pic, which runs Hilton International hotels and a chain of betting shops, said on Thursday its profits fell 29 per cent in 1991 as a result of the Gulf War and deepening recession. Pre-tax profits slumped to £210.4 million (*****.9Reuter - 344 words
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Page 3 Advertisements
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Advertisement756 1992-03-09 3 Weight loss, Tension and Health improvement in the privacy Ljjpr and comfort of your office or ours British Specialist AVRIL BHASKER win ensure You lose weight and inches thru' lifestyle eating plan HHHH| Improved energy levels productivity Better mental clarity Long term solutions with Total Concept-mind-body techniques. Improved confidence Better756 words
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Page 4 Advertisements
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Advertisement185 1992-03-09 4 J|fi) H JW m A Strathclyde W&A 1/1 Lc Graduate ivir>/\ University of Strathclyde Bth Intake by distance learning The Strathclyde's MBA is one of the longest established courses and is regarded as being the top league of British MBA programmes. The Economist Guide to British and European Business Schools185 words
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Advertisement182 1992-03-09 4 This intensive 3-day workshop is designed for people in finance wishing to develop their existing analytical skills. The objectives of the course are to analyse risks in a variety of complex financial situations and to discuss the management of those risks. The situations and examples which we will use will182 words
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Page 5 Advertisements
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Advertisement82 1992-03-09 5 touch, Gracious living, Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere to82 words
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Advertisement13 1992-03-09 5 With The New Dynasty Red Wine Every Authentic Meal Becomes A Double Delight...13 words
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FINANCIAL NEWS
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SMALL CHANGE
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152 1992-03-09 6 TOKYO Japan's Fuji Bank Ltd said on Friday it had slashed its net profit forecast for the year to March by two thirds to reflect the impact of a loan fraud and a protracted slump in Japanese share prices. The world's fourth-largest152 words
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69 1992-03-09 6 THE HAGUE The Dutch Ministry of Finance has warned investors against dealing with 12 securities brokers operating in the Netherlands without a licence. A spokesman said publication of the Ministry of Finance blacklist was part of a continuous monitoring process of securities companies operating in69 words
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Article83 1992-03-09 6 WASHINGTON Alan Greenspan was sworn in on Friday for his second four-year term as chairman of the US Federal Reserve Board. Mr Greenspan, who was 66 on Friday, was sworn in by Secretary of Defense Dick Cheney. The Senate last week reconfirmed Greenspan, who had been83 words
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Article85 1992-03-09 6 WASHINGTON The Securities and Exchange Commission (SEC) said on Friday it will set up offices in eastern Europe to help develop those most capitalist of institutions, stock and bond markets, in the formerly communist nations. Chairman Richard Breeden told a news conference the SEC85 words
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Article120 1992-03-09 6 NEW YORK First Iberian Fund Inc said it is seeking to replace its current investment manager, after three units of its manager's parent company have become entangled with Spanish banking regulators. First Iberian has advised fund manager Iberioncorp Gestion BV, a unit of Grupo Financiero120 words
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283 1992-03-09 6 Reuter TOKYO The Tokyo, Osaka and Nagoya stock exchanges will double brokerage commissions for stock index futures and options trading, effective from March 23, a Tokyo Stock Exchange (TSE) official said. This is the first revision in commissions since the exchanges launched futures andReuter - 283 words
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Article, Illustration652 1992-03-09 6 Bank is bullish on 1992, despite Moody's downgrading Reuter ZURICH Credit Suisse, Switzerland's third largest bank, reported that consolidated net profit jumped 57 per cent to a record 848 million Swiss francs (*****.77 million) last year, despite soaring provisions for bad debts. ChiefReuter - 652 words
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Article, Illustration305 1992-03-09 6 Ernst Young: BCCI writs misconceived Agencies LONDON Accountants Ernst Young, former joint auditors of the collapsed Bank of Credit and Commerce International, said writs brought against it by the bank's liquidator were "totally misconceived". "There are circumstances where protective writs may be appropriate, but we believe these claims to beAgencies - 305 words
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307 1992-03-09 6 UPI WASHINGTON The Resolution Trust Corp said on Friday it has charged two of the leading accounting firms in the United States with misconduct in their audits of failed thrifts and has filed suits seeking US$25O million (Ss4l4 million) in damages. TheUPI - 307 words
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197 1992-03-09 6 UPI TOKYO Japanese commercial banks plan to set up resident offices in Moscow and Ho Chi Minh City to channel Japanese money to Russia and Vietnam, an economic newspaper reported yesterday. Quoting international financial sources, the Nihon Keiiai Shimbun said the Bank ofUPI - 197 words
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295 1992-03-09 6 FT MUNICH Allianz, Europe's largest insurer, is likely to incur operating losses in excess of 1.5 billion Deutschemarks (S$ 1.49 billion) on Deutsche Versicherungs, its east German operation, before the business begins trading profitably early in 1996. The scale of theFT - 295 words
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565 1992-03-09 6 Central banks must adopt hands-on approach: Bank for International Settlements IHT PARIS In a rare example of public discord in the closed world of central banking, the Bundesbank was rebuked on Thursday, without being specifically named, for playing too passive a role just asIHT - 565 words
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Page 6 Advertisements
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Advertisement213 1992-03-09 6 I Seminar Accounting for I bond-cum-warrant issues I A bond-cum-warrant issue is a more attractive way of raising funds than a straight bond. For one thing, the coupon is lower. For the reduced interest cost, the shareholders accept a potential dilution of their interest. Should the accounting for such bonds213 words
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THE REGION
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600 1992-03-09 7 HONGKONG Steady growth in private consumption boosted total retail sales by 23.4 per cent to HK$l3.5 billion (Ss2.B billion) in December, compared with the same month in 1990, according to figures issued on Thursday by the Census and Statistics Department,600 words
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403 1992-03-09 7 HONGKONG The packaging industry here has experienced enormous growth over the past few years. One company which is a good example is Hung Hing, reported the South China Morning Post over the weekend. Formed in 1966, Hung Hing is one of Hongkong's largest printers403 words
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258 1992-03-09 7 Reuter SYDNEY Australian Finance Minister Ralph Willis said he believed the fall in employment had bottomed out and that recovery should begin soon. "I think basically the fall in employment has now bottomed out, and we should be looking at recovery fromReuter - 258 words
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NOTE BOOK
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78 1992-03-09 7 LANGKAWI Malaysian Prime Minister Mahathir Mohamad on Saturday invited more companies to establish aerospace industries in Pulau Langkawi. The island is suitable for such industries because its duty-free status keeps cost of production low, he said when launching the Mofaz Air Flying School at78 words
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53 1992-03-09 7 JAKARTA Indonesia earned US$3.3 billion (555.37 billion) from textile exports in 1991, the Antara news agency on Saturday quoted the chairman of National Export Development Board Rudy Lengkong as saying. "This makes textile exports stand as the top contributor to Indonesia's non-gas and oil exports,"53 words
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Article61 1992-03-09 7 BANGKOK Laos and Myanmar have agreed to co-oper-ate with the UN to control opium planting and drug trafficking along their common border, the official Laos news agency KPL said on Saturday. The agreement is in line with a UN International Drug Control Programme encouraging61 words
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Article53 1992-03-09 7 DHAKA Bangladesh's foreign exchange reserves rose to US$l.3 billion (552.11 billion) at the end of February, from US$l.2B billion in January, Central Bank officials said. They said the rise in the reserves was mainly due to higher export earnings, remittances from Bangladeshis working abroad and disbursement53 words
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204 1992-03-09 7 Reuter MANILA Philippine President Corazon Aquino said Filipinos may have to approve in a referendum a controversial deal to settle out of court a bribery suit against Westinghouse Electric Corp over a mothballed nuclear power plant. "This is just a preliminary agreement," Mrs AquinoReuter - 204 words
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Advertisement125 1992-03-09 7 Right now, 140 airlines are filling their planes with Unisys computers Every airline has one business goal to maximize revenue from every flight. Reaching that goal means choosing the right computer company to handle the mission-critical applications including reservations, departure control, cargo and flight operations. And that's why top Asian125 words
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THE WORLD 1
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571 1992-03-09 8 Chip makers face dilemma over scaling down of investments NYT TOKYO Major Japanese electronics firms are bracing themselves for tough times to come in the semiconductor business. Some makers are investing less in plants and equipment, while others are reviewing their product lines.NYT - 571 words
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293 1992-03-09 8 Reuter BONN —-i Germany may have thought the battle was won wherf its European Community j>artners broadly accepted its Vision of a united Europe at Maastricht in December. But Bonn has since found itself fighting a rearguard action toReuter - 293 words
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Article, Illustration428 1992-03-09 8 UPI TAIPEI The presidents of Nicaragua and Taiwan signed three bilateral accords on Saturday, but delayed signing an investment guarantee that could provide the foundation for large-scale Taiwanese investment in the Central American nation. Taiwan President Lee Teng Hui and Nicaragua President Violeta Barrios deUPI - 428 words
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248 1992-03-09 8 AFP WARSAW The World Bank has recommended Poland to adopt a series of tough austerity measures to prevent three-digit inflation wiping out two years of progress towards a market economy and exacerbating the recession, the Gazeta Wyborcza newspaper said on Saturday. TheAFP - 248 words
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648 1992-03-09 9 Statistical adjustments put dampener on the good news NYT NEW YORK The US economy started creating new jobs again last month, but a welter of statistical adjustments helped temper the good news on Friday, confounding financial markets and disappointing President George Bush's re-election campaign.NYT - 648 words
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278 1992-03-09 9 Reuter LONDON Britain's trade gap with the world narrowed sharply in 1991, with the current account deficit shrinking to £4.4 billion (5512.5 billion), the smallest deficit since 1987, official data showed. The figures released on Friday are a mild boost to the rulingReuter - 278 words
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Article, Illustration242 1992-03-09 9 Reuter LONDON Voters lack confidence in the British government's ability to manage the economy, according to a new opinion poll, which puts the opposition Labour Party one point ahead of the Conservatives. Half of voters thought the economy was unsafe inReuter - 242 words
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331 1992-03-09 9 Reuter OTTAWA Canada's unemployment rate rose 0.2 percentage point to 10.6 per cent in February, the highest in almost seven years, the government said on Friday. Analysts said the continuing high unemployment rate shows the recession-hit economy is still weak,Reuter - 331 words
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198 1992-03-09 9 Reuter WASHINGTON The Commerce Department has ruled that Canada was "dumping" lumber on the L'S market at unfairly low prices, laying the foundation for permanent duties on the exports. The lumber ruling on Friday was the second blow last week to relations betweenReuter - 198 words
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266 1992-03-09 9 Reuter YEREVAN, Armenia Bloody conflict in Transcaucasia is drawing a noose around Armenia, choking off 1 supply routes, closing schools I and industry, and crippling its economy. "The Azeris are playing a primitive political game with us. They are shameless no conscience at all,"Reuter - 266 words
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WORLD WATCH
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96 1992-03-09 9 TOKYO Lithuanian leader Vytautas Landsbergis welcomed the new Council of Baltic Sea States but said it should not displace other regional groups. "The new Baltic council should be effective in promoting political and economic re* forms... but it should not go beyond or take96 words
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Article70 1992-03-09 9 COPENHAGEN Russia. Denmark and Greenland signed an agreement on Saturday enabling the Russians and Greenlanders to fish in each other's territorial waters. The agreement takes effect immediately and allows Greenlandic trawlers to fish 8.500 tons of cod, plaice, shrimp and haddock in the Barents Sea over70 words
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Article109 1992-03-09 9 TOKYO North Korea said it would hold the third session of the ninth Supreme People's Assembly (SPA) on Apr H to discuss nuclear issues and the state Budget. The agenda items at the SPA include the ratification of the safeguards accord with the International109 words
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Article82 1992-03-09 9 LIMA The Government of the Netherlands forgave Peru 79.1 million guilders (5569.7 million) out of a total debt of more than 900 million guilders, the foreign ministry said. The move was part of a larger agreement signed by Peru last September with Paris Club lending nations.82 words
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Article87 1992-03-09 9 TAIPEI Saudi Arabia has offered to set up an oil refinery in a joint venture with Taiwan, state-owned Chinese Petroleum Corporation (CPC) said. CPC chairman Kuan Yung-shih was quoted by local media on Saturday as saying the offer was made by an assistant to the Saudi87 words
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51 1992-03-09 9 MONTEVIDEO. Uruguay The cost of living in Uruguay rose 2.42 per cent in February, the lowest monthly inflation rate in 38 months, the government said. Inflation for the 12-month period ending in February was 76.19 per cent, the general directorate of statistics and census51 words
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Advertisement738 1992-03-09 8 ©l DBSBANK I THE DEVELOPMENT BANK OF SINGAPORE LTD I (Incorporated in the Republic of Singapore) H To: All Shareholders H 1. RESULTS FOR THE YEAR ENDED 31 DECEMBER 1991 I The Board of Directors of The Development Bank of Singapore Ltd announces that the audited results of DBS Bank738 words
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Advertisement869 1992-03-09 8 GOLDEN HOPE PLANTATIONS BERHAD (Incorporated in Malaysia) Qolden Hope NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICJE IS HEREBY GIVEN that an Extraordinary General Meeting of Golden Hope Plantations Berhad (the Company") will be held at tie Theatrette, Ground Floor. Bangunan MIOF, No. 195-A, Jalan Tun Razak, ***** Kuala Lumputon Wednesday, 25869 words
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Page 9 Advertisements
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Advertisement301 1992-03-09 9 Arthur Andersen Investment in China Why and Where Recent events in China have highlighted the Chinese leadership's firm stand to accelerate its economic reform. What are the latest developments in foreign investment policies, approval, procedures, and Chinese commercial law and tax system? What is the degree of renewed interest from301 words
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Advertisement343 1992-03-09 9 H PiToffers the latest features to handle your payroll! ENHANCED FEATURES FOR VERSION 2.1* INCLUDES: Extra pay period for commtsstorVbonus/backpay Password control access to different crtegory of employees overtime formula per employee a Flexible worfc day calculation tor shift work per employee Export payroll wording data to ASCII file a343 words
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ANALYSIS
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Article, Illustration1039 1992-03-09 10 Maggie Ford - The acceptance of disciplinary measures against army officers and the success of a recent rally seem to indicate that a new era is beginning for Indonesia's security forces. Maggie Ford reports from Jakarta Maggie Ford THE SUCCESS of a Muslim rally in Jakarta on1,039 words
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Article1874 1992-03-09 10 Florence Chong - Sydney, positioning itself to be a major financial centre in the Asia-Pacific region, is viewing Singapore as its strongest competitor, reports Florence Chong Florence Chong Australia has fired the first salvo in what appears to be an emerging battle to position Sydney as an alternate financial1,874 words
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Page 10 Miscellaneous
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Miscellaneous58 1992-03-09 10 DOONESBURY BY GARRY TRUDEAU MY pninc? upc uco./ ,A I why, m. V RJGHT jz THS I TODZVBLOPXMNttuarmcK I i\l\ Goop POM I'M RUN-A I ADSFORThmGmtimCAM- I PfiiDF* 0e IN W WHAT A I AM6 A CON I IW6N tXPeRJBNCB.IVUKBWON I U/\ UAI ™OF--5 56J^/sig H SUUANC/NOW Ij I BOARD58 words
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ENTERPRISE & MANAGEMENT 1
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Article, Illustration735 1992-03-09 11 Salil Tripathi - Salil Tripathi looks at the burgeoning local market for creativity stimulation courses and 'Whole Brain Creativity' Salil Tripathi IF YOU BELIEVE creativity is not a natureendowed or genetically passed gift, but a skill to be learned and absorbed, memorised and mastered, there are plenty of735 words
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761 1992-03-09 11 IMAGINE you have a 1000-megawatt nuclear reactor. If you generate only five megawatts of power daily, are you conserving your resources? Or are you under-utilising your power? The human brain is a bit like that, according to Ned Herrmann, the761 words
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Article, Illustration1329 1992-03-09 12 Christopher Lorenz - Christopher Lorenz unravels the latest business fashion being propagated by a charismatic MIT professor Christopher Lorenz FT PETER SENGE looks and sounds rather like a younger, slimmer and more respectable version of Jimmy Swaggart, the American revivalist preacher. He is one of theFT - 1,329 words
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Page 11 Advertisements
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Advertisement132 1992-03-09 11 ETI Durham ***** University |f| PA Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursuitof excellence in all fields. Durham University132 words
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Advertisement141 1992-03-09 11 At Prontaprint, we provide just the > 7 services your business needs. A creative design service, from experienced designers equipped with »'tV'V the latest in DTP. Thi A high quality in-house print service, from letterheads to multi-colour reports printed quickly and economically. A fast, efficient copying service, that copies, collates141 words
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Page 12 Advertisements
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Advertisement406 1992-03-09 12 dcuUnf i Y'G 9 AWARENESS WEEK S March 23rd 28th Singapore Computer crime has emerged as the number 1 threat facing the international business community in the *****. To ensure Singapore's business leaders are prepared to meet the challenge posed by the dangers of computer crime, companies comprising the worlas406 words
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Advertisement301 1992-03-09 12 til nn] m orchard hotel j j WS. I SHOPPING ARCADE j I vi j mss p splendid retailing for OPPORTUNITIES EASE AT SINGAPORE'S seeys^lffirst premier shopping and ENTERTAINMENT BELT Ftkli Orchard Hotel Shopping Arcade is strategically positioned 0 A— ,0 ta P bustling shopper traffic. Its location at the301 words
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SPORTS
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Article, Illustration534 1992-03-09 13 Cricket: World Cup AFP AUCKLAND New Zealand, their World Cup credentials growing with each game, beat two-time champions West Indies by five wickets with nine balls to spare here yesterday. New Zealand, continuing an extraordinary return to form, now have a vice-like grip on a semi-finalAFP - 534 words
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Article, Illustration532 1992-03-09 13 Reuter SAN DIEGO A stunning win by France over top-rated New Zealand dominated the first day of racing in the Challengers' third round of the America's Cup competition on Saturday. In other races, Nippon beat Spirit of Australia, II Moro di Venezia (Italy)Reuter - 532 words
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Article399 1992-03-09 13 Reuter LONDON Rob Jones' meteoric rise from the basement of English soccer to the national team bears all the hallmarks of a comic strip fantasy. Jones, no more than a promising full-back with fourth division Crewe at the start of the season, joined England'sReuter - 399 words
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269 1992-03-09 13 AP ADELAIDE England's cricket melting pot has produced a team that is on course for a place in the final of the World Cup. Its own league of nations, England's squad has members born in South Africa, Hongkong, Zimbabwe, Guyana, Barbados and evenAP - 269 words
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SIDE LINES
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146 1992-03-09 13 INDIAN WELLS, California Unseeded Russian Andrei Chesnokov continued his string of upset results at the US$l million (551.65 million) Tournament of Champions here on Saturday, ousting third-seeded Michael Stich from the semifinals to reach a final showdown with Michael Chang. The former French Open champion overwhelmed146 words
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Article126 1992-03-09 13 MIAMI, Florida Former US Ryder Cup captain Ray Floyd, who celebrates his 49th birthday later this year, fired his third consecutive 67 here on Saturday to take a three-shot lead in the Doral Open golf tournament. Floyd, who has been competing for more than 30126 words
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Article121 1992-03-09 13 POWAY, California Judy Dickinson posted her third straight 3-under-par 69 here on Saturday to take a threeshot lead over Elaine Crosby at the Inamori Classic women's golf tournament. Dickinson started the day tied for the lead with Crosby and Meg Mallon, but quickly broke the deadlock121 words
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Article70 1992-03-09 13 LISBON World champion Juha Kankkunen of Finland won the Portuguese Rally here on Saturday, steering his Lancia to victory more than a minute-and-a-half ahead of former team-mate Massimo Biasion of Italy, in a Ford. Kankkunen now leads the world championship standings with 32 points, followed by70 words
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Article69 1992-03-09 13 BONN Kalrin Krabbe could not have cheated in the drug test which led to her four-year ban, according to team-mate Sigrun Grau-Woders, the Olympic 800 m champion. Grau-Woders, who was also training in South Africa in January with Krabbe, Silke Moller and Grit Breuer, told the newspaper69 words
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Page 13 Advertisements
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Advertisement101 1992-03-09 13 Your Key To Prime Space fl k l wt i^n^fr w *"*y^*T* 1 i^»-— > v i XrUp i 11 11 i U jA f^JT 1 1 r Our special property focus "Commercial Industrial Properties" in The Straits Times Classified and Lianhe Zaobao Mini-ads will be published on 25 March101 words
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Page 14 Advertisements
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Advertisement718 1992-03-09 14 Nothing Beats A Bud. where to wine, dine NOT TOUR USUAL FOOD BUFFET AT CAFE PLAZA Portuguese/Macanese cuisine at its very best. Macau Buffet. 1 to 15 March. Savour authentic Macanese cooking prepared by our specially flown-in chefs. Plus win a holiday to Macau via Hong Kong and many other718 words
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Advertisement257 1992-03-09 14 kftfi o For only $36++, the most \J ——*—/A scrumptious spread awaits those 7 7 'Ij who enter Top of the M. Be I r amongst the privileged. *I I ion I AltanrOmtmmaUmntrmfhth, VI YI 1 frvMiJOprntolOJOpmllmlarirr) 1 A I<»th floor We serve the world to you at Top of257 words
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Page 14 Miscellaneous
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Miscellaneous709 1992-03-09 14 TELEVISION AND RADIO f* ~W ~Y "odimo 7.50 Tree Colours (Pt I, Comedy). 5.55 Today in History. RUQINF<S?S ON RADIO I lfrvn Wl IVI rr r\T I IOOXZO'Ki 3**'* 8.15 Regain Irama (M. Stereo). 6.00 Regional Nows. <*.» ureaming 01 nedven 7.30 CNN International (L). 9.45 Senior Minister's Press Con-709 words
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THE ARTS
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Article, Illustration605 1992-03-09 15 Lisa Lee - The Washington Ballet's programme on Friday night highlights its brilliance in performing newly-commissioned works, says Lisa Lee Lisa Lee The washington Ballet should have taken its cue from the inspiring finale aptly titled Overstepping. For it was in this newly commissioned work that its dancing rediscovered605 words
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Article, Illustration699 1992-03-09 15 Swedish painter Carl Larsson is best remembered for his blissful, sunny scenes of family life. But a new exhibition presents his work in a broader context, with some shadows tnrown in. Reuter JUDGING by the long queues outside Stockholm's National Museum, Swedes are still enchanted by CarlReuter - 699 words
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Article565 1992-03-09 15 P Y Van - P Y Van reviews organist Gillian Weir's performance with the SSO last Friday P Y Van FRIDAY, March 6, was a strange day in which the world was held hostage by an electronic sleeper. But despite the threat of Michelangelo striking even as these last few minutes565 words
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Page 15 Advertisements
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Advertisement224 1992-03-09 15 AND ENTERTAIN I I (Stall Power Lunch: The most talked-about Business Lunch in town. In the classical ambience of a hunter's lodge Daily Continental Buffet spread for lunch from 12 noon to 2.30 pm at $33.00+ per person. A ANA HOTEL For reservations. SINGAPORE call 732-1222 extension 1582 or 1597.224 words
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Advertisement127 1992-03-09 15 Ml NTON When else would you make tin executive decision? For an important business lunch or dinner, what could be more impressive than traditional European cuisine and fine wines served m an elegant restaurant right in the heart of Orchard Road? From $23++ for The Executive Set Lunch and from127 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4832 1992-03-09 16 Carolyn Lim - By Carolyn Lim THE Singapore stock market practically limped to a halt by the end of last week as investors waited on the sidelines for fresh leads. Analysts feel investors must shrug off the pessimism brought on by the government's forecast of a4,832 words
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Article3023 1992-03-09 17 SIA Foreign 1940 +60 +3.2% Singmanne 50 474 +34 7.7*V«, GPB SSl.60 440 +14 3.3% "earnes 362 >14 +4 0% Spore Land 515 +-10 +2.0% Lee Kim Tah 50* 103 9 -96% Jurong Eng 50* 312 8 +-2.6% Transmarco 213 +5 <-2.4% Pacific Can 50«3,023 words
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Page 17 Advertisements
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Advertisement16 1992-03-09 17 The smart addition to your research department I is only a phone call away Telephone: *****63,*****66,*****8916 words
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Advertisement47 1992-03-09 17 :< TELEKURS Dynamic Financial Information Services From The World's most comprehensive database of international securities, collected, consolidated and delivered for you by TELEKURS. TELEKURS i SINGAPORE PTE. LTD. S A A I I #15-00. DBS Securities Building, Singapore 0104. Tel: *****22 TELEKURS Owned by a consortium 0f350 Banks.47 words
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Article3385 1992-03-09 18 IJM Corpn 250 +30 +13.6% Esse 50* 462 +28 -6.5% Southern Bank 256 +26 +11.3% Guinness 50* 352 +12 <-3.5% Fasek Cement .302 +12 +4.1% Perlis Plant 515 +10 +2.0% M Banking 510 t-5 +1.0% Rashid Hussain 229 5 f 2.2% Boustead 50« 173 +33,385 words
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Page 18 Advertisements
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Advertisement171 1992-03-09 18 SIMGAPORE WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! t df„i, ft v Subscribe or renew your subscription now. j r- The first 130 subscribers will rece,ve a 125 ml bottle of Montana after-shave worth $58. J Enclosed is a cheque/draft no for SS I LjT ,%Sjk171 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5376 1992-03-09 19 Bernama CONTINUED selling pressure and liquidity constraints led share prices to a lower elose last week in moderate trading activity. Despite some bargain-hunting in mid-week, the KLSE undertook a bearish undertone overall as second and third liners dominated the floor. Sellers' dominanee ledBernama - 5,376 words
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BT SHARE INFORMATION SERVICE
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Article1058 1992-03-09 20 Mam Board Last FhI Year Forecast Oate Net Net Profit EPS imcd Year EPS Cress profit Range Range Cwapany Penod last yr ending (cts) dn (S'OOO) (S$m) (cts) UT F Mai 4 Dec 91 338 152 4 30.404 290-31 4 322-34 9 DBS F Mar 9 Dec 911,058 words
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Article928 1992-03-09 20 Main Board L»st Fm« Year Company Period Date Year EPS Cms Net announced ending (cts) d* prett last year (SS 000) EMS Final No* 6 Jul 91 30TE 17.8781 UN Amro Final Mar 11 Dec 91 50 MO 1.325(c) Priaa final Mar 12 Dec 91 69 9928 words
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Article563 1992-03-09 20 M Leant Ind Two for five MS3 35 per snare Issue of S2807m 5% Redeemable Unsecured Loan Notes on the bays of $1 nominal amount of Loan Notes for every 5 shares held Every SI nominal amount of Loan Notes will be issued with one TSR Heua Corpn563 words
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Article118 1992-03-09 20 Company Date Year Croup Not Not earnings Gross •in to profit/loss (I) per share dividend (000) (CMts) Van der Horst Mar 5 Sep 91 $2 739(12.451) 17(42) 1(1) Pack Can Mar 4 Sep 91 1106(11 450L) 02( Cerebos Feb 13 Sep 91 $*****|<$38 911) 148(128 23 6TE(30TE) KL118 words
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Article178 1992-03-09 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/toss (I) per share dividend (000) (cents) Sup Metal Mar 6 Dec 91 $4 001(13.070) 6(4 7) 10(10) Focal Finance Mar 5 Dec 91 $6578<$4280) 108(86) -<-> Semb Shipyard Mar 5 Oec 91 S*****0<$***** 39 6(28 6) 19(17)178 words
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Article281 1992-03-09 20 Company Dato Half-yoar Croup pro-U* Mf. 1 ann to proflt/lo«» (L) dhrkloiMJ (000) First Capital Mar 6 Dec 91 53.937(*****) FAi Ins Mar 5 Dec 91 A524 3631(548 7941) -<«0> Roth inds Mar 5 Dec 91 532.334(532.507) 22.5(22.5) Cons Plant Feb 29 Dec 91 M559 800($40.600) 10(8) DMIB281 words
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1655 1992-03-09 20 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Soli shares Before After SPC 04/03/92 COP-DBS Nominees (Pte) Ltd DBS Bank S 1.000 2.936 132,389,476 41 37 132,388.476 41.37 SPC 03/03/92 COP DBS Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd *S 6.000 17,637 133.868.4761,655 words
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Article92 1992-03-09 20 Mar 6 The shipbuilding arm of Sinfmarine Industries Limited.Singmarine Dockyard Engineering Pte Ltd, has launched a $9 million ore bulk carrier at its yard in Benoi Road. Atlantis Engineering Construction Pte Ltd, a subsidiary of Neptune Orient Lines, has launched "Secil Angola", a $26 million contamership for Danish-owned92 words
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Article469 1992-03-09 20 Current Ex Books Date Total for Total for payment date dose payable the year last year A sew Find USlOC(b) Mar 10 Mar 20 Mar 30 USIOc JS10C Anno 20c 12 5%TE Mar 3 Mar 13 May 15 17 5%TE 12 5%TE Berjaya Gr<M> 6%(l) Feb 21 Mar469 words
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Article52 1992-03-09 20 Conversion Special Trdg Scripless Conversion deadline Period Trading (ompan> starts (IDP) (ST) starts First Capital* Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hup* Apr I Apr 23 Apr 10 Apr 23 Apr 24 Semb Shipyard* Mar 20 Apr 16 Apr 3 Apr 1652 words
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Article108 1992-03-09 20 Pubic Bank Bhd: 26th AGM EGM at The Ballroom, Hotel Equatorial, ialan Sultan Ismail. ***** Kuala Lumpur, on Wednesday, Mar 11. at 11am Paramount Corpn Bhd: EGM at Bilik Kuliah, 11th Floor, Menara Maybank. 100 Jalan Tun Perak. ***** Kuala Lumpur, on Thursday. Mar 12. at 10am Hai108 words
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375 1992-03-09 20 In local cuit In SS In US$ dy S yr dy yr S dy yr Mar 5 Index chge chge chge chge chge chge World 400.6 -0.3 -1.9 -0.5 -4.1 -0.9 -6.0 tEAFE 490.4 -0.7 -2.3 -1.0 -7.0 -1.4 -8.9 Europe 438.6 -0.6 6.6 -1.2375 words
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Article149 1992-03-09 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hifh: *****8 (21/2/92) }J* J*>: 1JJ5.92 "/l/92) 1992 low: 1232.84 (2/1/92) 5l Vfi/91 1991 hifh: 1333 08 3/6/91) 1991km: 1022.52 (16/1/91) »J J* 1990 Nfh: *****3 (16/7/90) g J* 2 3/90 1990 low: 981.07 09/11/90) {J 1 M-tme hijti: 1435.43149 words
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Article216 1992-03-09 20 Company Rights Issue MCB rtdfs One-for ten (a MJ110 per share Ei-date Feb 24 Books close Mar 9 Acceptance I Payment NYA Tech Resources Four for-ftve M$1 30 per share Ei-date Feb 3 Books ctose Feb 19 Acceptance Payment Mar 31 Company Others Centrepont Renounceable preferential otter of216 words
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MARKET REVIEWS
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774 1992-03-09 21 FT NEW YORK WHATEVER the flaws in the science of economics, it is hard to fault the laws of supply and demand. If a lot of people want something which is in limited supply, the price goes up. So it is withFT - 774 words
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495 1992-03-09 21 AFP v •>TOKYO SHARE prices fell on the Tokyo Stock Exchange this week after three weeks of advances with the yardstick Nikkei Average ending the "week down 345.82 yen at v 20,992.99, hit by the stronger dollar. The composite Tokyo Stock Price IndexAFP - 495 words
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Article1021 1992-03-09 21 ■Mnff ■MMHMMMItMIMitlMIMMMMi 'THE Australian share market eased in relatively quiet trading during the week, unmoved by offshore gains, or positive economic data, brokers said. The main market indicator, the All Ordinaries Index, finished last week at 1604.7, down 9.5 points on the previous week's finish. The All1,021 words
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902 1992-03-09 21 Ray Heath - LONPONfj By Ray Heath THE big gun of the Conservative Party's economic campaign was rolled out last week: a £3 billion (SSB.S billion) lottery! So Britain joins Ireland, Italy and Spain as a nation which relies on its citizen's love902 words
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728 1992-03-09 21 Sun Hung Kai - Sun Hung Kai HONGKONG IN LINE with expectations, the Hang Seng index made an attempt to test the 5,000level psychological barrier last week but was checked at 4,984 points. The 1992-93 budget did little to stimulate the market. In fact,728 words
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Page 21 Advertisements
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Advertisement126 1992-03-09 21 $E |H 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 a surgeon needs his126 words
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WORLD STOCK MARKETS
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Jobs data sends mixed signals to Wall St
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Article, Illustration1366 1992-03-09 22 STOCKS in New York slid for the third straight day on Friday in cautious trading as computer-driven sell programs exacerbated selling following the release of jobless data that gave mixed signals about the economy's direction. The Dow Jones Industrial Average, which lost 27.06 points on Thursday, dropped 19.901,366 words
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Article, Illustration773 1992-03-09 22 THE London stock market tracked the ups and downs of the equity futures market on Friday, following it lower at the close amid uncertainty about the budget and approaching general election. The blue-chip Financial Times Stock Exchange 100-share index was down 5.2 points to close at 2,533.1. The narrower773 words
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Article310 1992-03-09 22 Other markets in Europe, South Africa and Canada Johannesburg Mar 5 Rand INDUSTRIALS A Alpha 4100 unch AECI 960 unch AMIC 7525 25 Abercom 125 Amaprop 710 unch BAZ 1300 Barlows 5350 unch Basil Strk 20 Blyvoor 600 CG Smith ***** unch Cnagalo 2675 unch Curfin 700 unch Edgars 5000310 words
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Article242 1992-03-09 22 GERMAN shares lost their footing on Friday, slipping back by one per cent, but with lower interest rates and better earnings on the distant horizon, the assault on the 1,800-point peak could start again soon. The DAX index, based on 30 key stocks, dropped 18.85 points to a close242 words
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Article210 1992-03-09 22 THE Paris Bourse was weak on Friday, and the CAC-40 stock price index finished at 1,966.91 points, off by 0.31 per cent from the Thursday close. The index had been down by 0.34 per cent at the Friday opening, and varied little during the trading day. Operators said the210 words
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Article274 1992-03-09 22 ITALIAN shares closed lower for the eighth consecutive session with insurers sagging under the weight of Thursday's failure by parliament to approve a key Bill to reform motor insurance. The Bill, sent back to parliament last weekend by President Francesco Cossiga, would have allowed insurance companies to set their274 words
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Article355 1992-03-09 22 PROFIT taking ahead of the weekend and worries about high Swiss interest rates sent bank shares down, dragging the rest of the market lower, dealers said. The all-share SPI index fell 10.2 points to 1,136.7 while the blue-chip SMI index lost 17.6 for 1,821.5. Dealers said volume was moderate.355 words
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Article117 1992-03-09 22 THE strong dollar and hopes of an economic upturn lifted forestry and building industry shares, assisting a continued rally across the board in Stockholm. But US employment data announced after market close, showing an unexpectedly high increase in nonfarm payrolls, could exert negative pressure when the market reopens on117 words
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Article243 1992-03-09 22 BELGIAN shares closed lower in slow trading as investors stayed at the sidelines before the end of the forward market account today, traders said. They added the market barely reacted to the news Jean-Luc Dehaene agreed to form a new government, because it had already been discounted. But some243 words
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Article393 1992-03-09 22 TORONTO stocks fell for the second day in a row after a day of mixed trading. "The US unemployment figures were better than expected, but the market was still down," one trader said. Banks fell early in the day after prime increases but rallied later. "Domtar went very well393 words
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Article71 1992-03-09 22 M*r 6 Owe Prukw NEW YORK Dow Jones 3.221.60 3,241.30 -19.90 SAP 500 404.44 406 51 -2.07 Turnover (million) 192.34 208.94 -16.6 LONDON Financial Times 30 1.968.6 1,970.6 -2.0 FTSE 100 2,533.1 2,538.3 -5.2 Turnover (million) 484.9 600 -115.1 FRANKFURT DAX Index 1,745.95 1,764.80 -18.85 AMSTERDAM FOE Index unav 308.8271 words
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Page 22 Advertisements
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Advertisement16 1992-03-09 22 Market reports for Amsterdam and Johannesburg were not available Innovation Technology in Business Times every Tuesday16 words
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CURRENCY, MONEY & FUTURES MARKETS
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412 1992-03-09 23 NEW YORK Reuter THE US dollar ended narrowly mixed on Friday after a day of volatility and confusion. The dollar initially rallied half a pfennig higher on news of a sharp rise in February US non-farm payrolls. But sceptics said the payroll gainsReuter - 412 words
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Article778 1992-03-09 23 ASIAN CURRENCIES AFP WITH the Malaysian ringgit scaling new heights to strike a 47-month high against the US dollar, and the South Korean won dropping to a four-year low, the greenback had a mixed week in the Asia-Pacific region. The yen fell following further reportsAFP - 778 words
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Article378 1992-03-09 23 Cross rates Mar6 USS S$ MS Dm Yen SFr AS NZS USS 1.6540 2.5670 1.6710 131.85 0.5821 1.5240 1.3245 1.8248 S$ 0.6046 1.5520 1.0103 79.7158 0.3519 0.9214 0.8008 1.1033 MS 0.3896 0.64 0.6510 51.3635 0.2268 0.5937 0.5160 0.7109 Dm 0.5984 0.9898 1.5362 78.90 0.3483 0.9120 0.7926 1.0921378 words
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Article522 1992-03-09 23 Interbank rates SS Bid Offer Overnight 3 1/8 3 1/4 1-month 3 3/8 3 1/2 2-month 3 7/16 3 9/16 3-month 3 7/16 3 9/16 Overnight mode: 3-1/4 LS$ High Low 7 days 4 3/16 4 1/8 1 month 4 5/16 4 3/16 2 months 4 5/16 4522 words
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658 1992-03-09 23 Reuter LONDON The World Bank's debut yen global bond, scheduled for launch early next week, is expected to emulate the bank's six existing dollar-denominated global issues and receive a rapturous reception from investors. It is the first yen global bond and aReuter - 658 words
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418 1992-03-09 23 Reuter LAGOS The Central Bank of Nigeria slashed 41 per cent from the value of the naira on Friday before turning it loose on an unregulated market. Manufacturers dependant on imported parts and materials were horrified. Banks, for whom the old auctionReuter - 418 words
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418 1992-03-09 23 Reuter TORONTO Canadian prime rates are poised to rise after an expected jump in Thursday's Bank of Canada key rate, sending a clear signal to financial markets that Canadian rate cuts are indefinitely stalled, analysts say. Prolonged Canadian dollar weakness has sent yields onReuter - 418 words
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Article478 1992-03-09 23 BANKS ABN Amro Bank NV 6H ANZ Banking Group 7 Allied Irish Bank PLC Amcncan Express Bank 7 Arab Banking Corp Vh Arab Bank PLC 6Vj BFCE 7 Ban Hin Lee Berhad 6V4 Banca Commerciale 7 Banco do Brasil 7Vi Bangkok Bank 6V« Bank Brussels Lambert 7V«478 words
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Article151 1992-03-09 23 COM EX Mar 6^ COLD FUTIWES (100 oz) USS/oz Open High Low Settle Change Mar 92 349.50 -1.90 Apr 352.30 352.50 349.20 350.30 -2.00 May 351.50 -100 Jun 354.70 354.80 352.00 352.50 -110" Aug 356.40 356.40 354.70 354.80 -110Oct 357.70 357.70 357.00 357.10 -110 Dec 360.00 360.80 359.50151 words
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Page 23 Advertisements
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Advertisement6 1992-03-09 23 Innovation Technology in BT every Tuesday6 words
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Advertisement26 1992-03-09 23 The gold market report if not available this week The smart addition to your research department is only a phone call away Telephone: *****63, *****66, *****8926 words
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COMMODITIES
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272 1992-03-09 24 AFP KUALA LUMPUR Malaysian palm oil millers were told on Saturday to expand their processing and distribution network overseas to strengthen the country's leading position in the international oils and fats market. Primary Industries Minister Lim Keng Yaik told the Malaysian PalmAFP - 272 words
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388 1992-03-09 24 AFP SINGAPORE Singaporebased rubber buyers on Friday expressed surprise and scepticism over Malaysia's proposal for a single outlet here to coordinate sales of natural rubber from the major producers. "It's a far-fetched plan. How can competitors get together and agree on this," saidAFP - 388 words
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900 1992-03-09 24 REPORTS LONDON Nickel and aluminium prices, recently supported by delays in Russian deliveries, fell back last week on the London Metal Exchange (LME) as deliveries of cargoes that have clogged Russian ports over recent weeks returned to normal. Reports on Friday showed a900 words
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Article1128 1992-03-09 24 Rubber HAS (fob hi bates) S cents/kg Int I RSS Close Mar 2 134.25 Mar 3 133.75 Mar 4 134.50 Mar 5 134.50 Mar 6 134.25 MRELB (fob hi bates) M cents/kg Int I RSS Close Mar 2 209.50 Mar 3 209.50 Mar 4 210.00 Mar 5 210.00 Mar1,128 words
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Page 24 Advertisements
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Advertisement906 1992-03-09 24 __B_U_S I NESS TIMES ToM «r— T1 No 737 0043 Fax No: 734 3606 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 MUMDZZ WAI RESTAURANT PTE LTD (In Members' Voluntary Winding-up) At an Extraordinary General Meeting of the company duly convened and held on 9th March 1992 at 60,906 words
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Advertisement14 1992-03-09 24 jne Singaporean news for Singaporeans overseas. A The Strait.sTimes 0j Subscribe now. CaU 749-2577.14 words
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Advertisement7 1992-03-09 24 Advertising Marketing in Business Times every Thursday7 words
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Advertisement9 1992-03-09 24 Prices for coffee and white sugar were not available9 words
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Article1257 1992-03-09 25 City Flight ETA Flight no City Flight HA Flight ETD Abu Dhabi GA892 0015 SV366 1545 SV391 1745 AdaiaJda SQ228 2040 SQ227 2130 CI92 0635 Amman RJ182 1440 RJ 183 2320 Karachi SQ418 1245 Amsterdam SQ23 0700 GA892 0015 Kathaiandu RA408 0815 KL841 1400 KL842 23251,257 words
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THE TRAVEL PAGE
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Article, Illustration685 1992-03-09 25 David Pilling - LETTER FROM NAMIBIA By David Pilling PARTS of Namibia's Skeleton Coast are so ecologically fragile that Land Rover tracks take hundreds of years to heal. If man's presence threatens to scar the region, the Skeleton Coast pays back in kind. The area owes its685 words
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Article153 1992-03-09 25 As at 3pm on Mar 6: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2435 1.2603 Canadian dollar 1.3787 1.4065 NZ dollar 0.8960 0.9320 Sterling pound 2.8299 2.8683 US dollar 1.6500 1.6580 Local dollars to 100 units of foreign currency Austrian153 words
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Article63 1992-03-09 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Mar 28- International Ban. Italy Fiera Del <39(80/*****2 April 7-12 International Helsinki, The Finnish Fair *****5091 April 5 Fair for Leisure. Levante Building Fair Finland Corporation Sports Tourism April 9-15 British NEC, Centre 021-*****18 April International Yugoslavia63 words
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Page 25 Advertisements
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Advertisement45 1992-03-09 25 It's amazing the lengths Finnair goes to tor 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 from Hart to Famish.45 words
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Advertisement24 1992-03-09 25 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-257724 words
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Advertisement57 1992-03-09 25 I IMA A pub with I I 1 a difference tJ The music's not rock, heavy metal, pop or jazz. It's Indian music complete with drums, synthesizer and state-of-the-art sound. The main attraction? Popular TV singers. Where? Right in the heart of Little India. Find out today. c L new,57 words
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Page 25 Miscellaneous
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Miscellaneous260 1992-03-09 25 Pink with increasing rage M| |H[ ||H 4 Non-continental admits to 5 I I I I I character assassination (8) Father a woman 11 10 Start fishing for a snap- 12 j I 12 Use the horn anyway (4) 13 Issued equipment contain- 17 I I I i Ignoble purpose260 words
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Miscellaneous167 1992-03-09 25 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 29.7 Assoc humidity 79% Minimum temperature 23.3 Assoc humidity 95% Hours of sunshine 0.55 Rainfall in mm 10.5 Rainfall this month 31.2 Rainy days this month 4 World report Asia-Pacific Hi/Lo* Cond. Auckland 22/15 Sunny Bangkok 35/23 Goudy167 words
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Miscellaneous31 1992-03-09 25 L'kJfffliEßWSroEi l m go»ng to rue I do You rny-tvmg 7 /uinptr f\Re -<ou doing") \shcp we. h, gh sißeex... J Ut UIHCHTIW& f J 6629 C ASSOCIATED NEWSPAPERS LTD., IM2-IM231 words
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341 1992-03-09 26 Reuter TAIPEI Taiwan will impose tariffs on imports from China when it eventually allows direct trade with the mainland, parliament decided at the weekend. The judicial, legal and interior affairs committees voted on Saturday to insert a clause imposing tariffs intoReuter - 341 words
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211 1992-03-09 26 Bernama LABUAN More than 40 offshore companies have been registered here since the Federal Territory officially began International Offshore Financial Centre (IOFC) activities in October 1990, this was disclosed by a Bank Negara official yesterday. Speaking at a dialogueBernama - 211 words
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248 1992-03-09 26 Reuter LONDON Prime Minister John Major is ready to put his leadership to the test this week, calling what should be Britain's closest-fought election campaign in 30 years. Fresh opinion polls on Saturday showed the opposition labour Party failing to extendReuter - 248 words
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388 1992-03-09 26 CIS seen as too preoccupied with own problems to help end feud Reuter MOSCOW Despairing of effective action by the Commonwealth of Independent States, Armenia and Azerbaijan have turned to the world community in search of an end to their undeclared war in Nagorno-Karabakh. ArmeniaReuter - 388 words
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222 1992-03-09 26 Reuter COLUMBIA, South Carolina President George Bush claimed victory on Saturday night in South Carolina's Republican primary election, but right-wing challenger Pat Buchanan made another strong showing. Arkansas Governor Bill Clinton easily won the state's Democratic primary, with former Massachusetts Senator Paul Tsongas finishingReuter - 222 words
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219 1992-03-09 26 Reuter TOKYO Voters in northern Japan went to the polls yesterday in a crucial by-elec-tion test for the scandalplagued ruling party before national polls in July. The Liberal Democratic Party (LDP), humiliatingly defeated in a similar by-elec-tion a month ago, could be thrownReuter - 219 words
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Page 26 Advertisements
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Advertisement170 1992-03-09 26 CHARTPOINT Every Saturday in Business Times Survey shows UK voters doubt govt's handling of economy, Pg 9 11.57. $42 m 137. Prime Brisbane SYDNEY C.B.D. CBD Office TOWER MELBOURNE Fully leased modern office building. AAA Tfnantc SHOPPING CENTRE I Prominent location near to Chinatown. I CIN/\IN d Over 80,000 sf170 words
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Advertisement14 1992-03-09 26 CHARTPOINT Every Saturday in Business Times Armenia says Azeris strangling its economy, Pg 914 words
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SHIPPING TIMES
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Article, Illustration489 1992-03-09 27 Rahita Elias - By Rahita Elias SINGAPORE TNT Express Worldwide is fast expanding its Indo-china network in tandem with the burgeoning business opportunities in the area. TNT, which has been in Indo-china since the mid1980s, plans to expand its operations in Vietnam, Mvanmar. Cambodia and Laos. Its489 words
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213 1992-03-09 27 SINGAPORE TNT Express Worldwide's Asian air network hubbing in Manila is set to take off later this year. John Monaghan, divisional manager, associates development, said: "The development of the Asian network is just about ready. That's going to be a reality213 words
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312 1992-03-09 27 NYT TOKYO The Fukuoka High Court on March 6 ordered the government to pay compensation to residents living near the Fukuoka airport, acknowledging that noise from the airport is too great, but refused to impose a dusk-to-dawn ban on takeoffs andNYT - 312 words
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1188 1992-03-09 27 Page Col ABC Containerize 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 31,188 words
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327 1992-03-09 27 Juliette Walker - By Juliette Walker SINGAPORE The chairman of the Singapore Freight Forwarders Association (SFFA) has called for standardised international procedures to protect owners from loss or damaged cargo. Mr Bobby Liau, also general manager of Freight Link Express, cited "a pressing327 words
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309 1992-03-09 27 Selva Kumar - By Selva Kumar SINGAPORE A USbased manufacturer of aircraft fasteners will soon set up a network of agents in the Asia-Pacific as a result of discussions held at the recently concluded Asian Aerospace '92 exhibition. Mr Errol G Roy, the president of309 words
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LOG BOOK
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161 1992-03-09 28 SUVA, Fiji Fiji and Malaysia will establish shipping and air links later this year and thereby boost bilateral trade, a senior government official said here after talks between the two countries last week. Fiji's Foreign Secretary Robin Yarrow said on Saturday that161 words
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100 1992-03-09 28 BEIJING Vietnam's Communications Minister has arrived in China to sign four agreements on resuming air, sea and rail transportation links and postal services, a Vietnamese source said on Sunday. Minister for Communications, Transport and Posts Bui Danh Luu arrived in Beijing on Saturday for100 words
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Article78 1992-03-09 28 BANGKOK A passenger ferry collided with an oil tanker off Thailand's south-eastern coast early yesterday and at least 112 people drowned while 21 were rescued, news reports said. Police said the ferry, possibly carrying more than 150 Thai tourists, collided with a Thai-owned tanker in78 words
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Article81 1992-03-09 28 LOS ANGELES A Chinese dissident who arrived in the United States as a stowaway aboard a freighter was released after months of detention in a motel room. Me Gya, an electrical engineering instructor who fled China after the pro-democracy movement was crushed in 1989, was released81 words
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Article94 1992-03-09 28 DARWIN Planes bearing Indonesian colours have been buzzing a Portuguese "peace mission" ferry which plans to defy Jakarta's ban on visiting East Timor this week, mission organisers said yesterday. Paulo Veiga, one of the organisers, said he had spoken to Captain Luis dos Santos of the94 words
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Article815 1992-03-09 28 COURSES Mar 10-Apr 21: Standard Trading Conditions course, organised by Singapore Freight Forwarders Association. (SDF: 70%). The course is also open to non-mem-bers. For course details and application forms, please contact SFFA at tel: 296-4645 or fax: 292-2504. Mar 12-Apr 16 (6 evenings): Course on Marine Insurance, organised815 words
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Article, Illustration932 1992-03-09 28 Denise Young - Denise Young on the problems in ending Cable Wireless' monopoly on Hongkong telecommunications Denise Young Reuter The monopoly on Hongkong telecommunications, a legacy of colonial privilege bequeathed to Britain's Cable and Wireless pic, is ripe for a break-up but the government can't figure outReuter - 932 words
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Article843 1992-03-09 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and843 words
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Article6678 1992-03-09 36 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 maximum6,678 words
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SHIPS IN PORT
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Article597 1992-03-09 43 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Marina Terminal 1 Jurong Port Bdtam Vaiu *****2 M04 09 03 1000 1003 0500 Alaska Trader 3 16 alongside 09 03 0500 Batam Murm *****2 W04 09 03/1000 10 03 0500 Hellenic C J12 alongside597 words
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Article162 1992-03-09 43 Penang Port In the roads: Alfesam, Sin Loong, Rohas Ria. Crane Star, team N, Jui Lin Yang, Pernas Butane. Pernas Propane, Frota Rio, Tai Bah I, Swadaya. Eagle Sea. Sea Glory, Aries, ACX Jade. Due on Mar 7: Tasman Sea. Ocean Princess. Due on Mar 8: Lucky162 words
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Article1093 1992-03-09 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From ACX Lilac 2A 10/0600 2 08/1700 09/0659 09/0900 3 09/0700 09/1159 09/1*00 Al Manakh 66 09/1700 1 08/1500 08/1659 08/1900 Alh America ***** 11/0900 3 09/0700 09/1159 09/1400 41,093 words
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Article126 1992-03-09 44 AP WASHINGTON American Airlines was the US air carrier most likely to arrive on time and least likely to lose its passengers' baggage last year, an aviation research institute reports. Trans World Airlines was in last place. The National Institute for Aviation Research at WichitaAP - 126 words
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Article467 1992-03-09 44 UK-led group's bid was HK$7O-sBom higher than the other 2 finalists Reuter HONGKONG China has demanded that Hongkong justify its choice of a British-led consortium to design the new airport terminal, its third challenge to the British colonial authorities in as many weeks. Lu Ping,Reuter - 467 words
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267 1992-03-09 44 AFP WASHINGTON US Navy ships are prepared to stop a North Korean freighter reportedly carrying advanced Scud missiles to Iran or Syria, a top Pentagon official said. On a campaign swing through Florida, President George Bush stressed that no final decision hadAFP - 267 words
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316 1992-03-09 44 UPI LONG BEACH, California Walt Disney Co announced on Friday that it has decided to stop running the Queen Mary and the Spruce Goose tourist attractions because they are not profitable. Disney said it has advised the city and portUPI - 316 words
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291 1992-03-09 44 UPI LONDON British Telecom. Britain's second largest public company, plans to cut up to 25,000 jobs, about 10 per cent of its workforce, in the next year because of growing competition and the recession, the Financial Times reported. British Telecom confirmedUPI - 291 words
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Page 27 Advertisements
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Advertisement23 1992-03-09 27 Lin«« and sorvlcot reprosontod by Monitors of tfco Registry of Accroditod V Singapore National Ship- VftKipßy /•or mhrrliMnt; enquiries. contort Shipping limes /<■/ rM-20SV/74tt-2lHitt.23 words
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Advertisement237 1992-03-09 27 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now. The StraitsHmes WEEKLY OVEKiCAf EDITION V Making an issue of the major issues I MlliMritlli«MtKM 1237 words
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Advertisement39 1992-03-09 27 Yourson is studying overseas. And you want him close to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report.39 words
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Advertisement315 1992-03-09 27 THE SPECIALIST IN: Wire Rope Slings Lathing a nMicnan testing lm j|*» FACILITIES Lifting |ME DffHUtABDIE BCmY 00. (PTE) LID. nL-MMMI IJCt) lUb MOCO 111 MM Mft SMC7 SUMMARY The time for a break-up THE MONOPOLY on Hongkong telecommunications, a legacy of colonial privilege bequeathed to Britain's Cable and Wireless315 words
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Page 28 Advertisements
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Advertisement161 1992-03-09 28 NOTICE Singapore, Port Klang and Penang to Australia Notice to Shippers TERMINAL HANDLING CHARGE Shippers are advised that the following carriers will be introducing Terminal Handling Charges (THC) tor all cargo from Singapore, Port Klang and Penang to Australia as follows effective 9 April 1992 From Singapore SSISO per 20ft161 words
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Advertisement43 1992-03-09 28 I INDONESIAN STATE OWNED STEVEDORE II AND PORT SERVICES K for all Indonesian main ports including outports K SHIP MANNING Indonesian crew and officers ratings Wk Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE;S Y iSSS43 words
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Page 29 Advertisements
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Advertisement2568 1992-03-09 29 mm OOCL (3) PTE LTD JARDINE SHIPPING AGENCIES \ll|f# bookings tel *****234 *****58 vSmnpmv TERMINAL/CFS TEL: *****218 220 H ***** H PESAKA JARDINE BHIPPING AGENCIES SON. BHO. k WWOT A PORT KELANG TEL: *****18 FAX *****91 *****88 0 PENANG TEL *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service2,568 words
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Advertisement1706 1992-03-09 29 TRANSPORT DIARY SEMINARS AND EXHIBITIONS 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 of Shipping Practices Seminar, organised by Elim Management Services. For details, please contact tel: 292-5670 or fax: 298-1804.1,706 words
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Advertisement1458 1992-03-09 29 mamsmssm TWO SAILINGS TO U.SJk. MARGRETHE MAERSK V.9204 ETA SIN 17/3/92 ARTHUR MAERSK V.9206 ETA SIN 16/3/92 Ve*aet Voy ETA I ETD Feeder by DESTINATIONS Wono Lynn/ Johanna to This week Magieo* Mae'sk 9204 cv 10/3 oaoo mrs Port MM CFS 9/3 2359 HRS Kelang Penang OAK LOB HOU MEM1,458 words
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Page 30 Advertisements
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Advertisement1588 1992-03-09 30 ROAM/ VOV NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE LA SEINE 23/110 12/3 21/3 4/4 31/3 30/3 |HTT*T73 HOECHST EXPRESS 02/310 15/3 1/4 3/4 6/4 7/4 WHTTSWH' KAGA 23' 111 19/3 28/3 11/4 7/4 6/4 HANNOVER EXPRESS 07/311 22/3 8/4 10/4 13/4 14/4 KURAMA 15/112 26/31,588 words
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Advertisement738 1992-03-09 30 SEASPAC SERVICE CONTAINERS U BREAKBULK DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT PALEMBANG 3301 EB 25-27/3 714 10/4 14/4 COPIAPO 3403 EB 9/4 25/4 27/4 3/5 Transit Twne (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA, PAGO PAGO. APIA. NUKUALOFA. P VILA FASTEST SERVICE TO CHILE/PERU SIN738 words
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Advertisement1227 1992-03-09 30 I maiMWi taw REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSt/VOY SIN ALG BCI HAM BRE ROT AWT FEI LNA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MUNTAZAM 9201-3 10/03 01/04 03/04 04/04 05/04 06/04 07/04 08/04 09/04 NORASIA SAMANTHA 9202-3 18/03 06/04 08/04 12/04 13/04 14/04 15/041,227 words
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Page 31 Advertisements
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Advertisement1988 1992-03-09 31 W Wj STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fac *****17 ACCEPTS 001 SAHS CARGO SPORE B'KOK RAIAH BROOKE Vo6£ Muau lib. KM WltollMir pfGASUS PROGRESS V 707N 12-13 MAR (DISCH ONLY) STRAUS HOPE VO3E Muara. Skan. Ta« 11-12 Mar 07 Mar1,988 words
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Advertisement2265 1992-03-09 31 SINGAPORE AGENT: pX)! 1 J*IHPfC P&O Containers (Singapore Agencies) Pte Ltd v Vjvfltlctlllwl 3 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 V Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 r Cn Num &er **********02 EXPORT IMPORT VESSEL WO* 'WO SMALG SOW AMI2,265 words
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Page 32 Advertisements
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Advertisement559 1992-03-09 32 IfgJMMJI \T M CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI VOV S PORt "DAM A3AM H BURG BREMEN ANTWERP MA I ARAM 31W8 In 1 12/4 16 4 20/4 23/4 SAW JAY A 34W8 15/4 18/5 23/5 27/5 30/5 KUTAI.7SWB 2/5 5,6 10 6 14/6 17/ 6559 words
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Advertisement1356 1992-03-09 32 OHANJIN SHIPPING FOR VSL SM IRE HAUL LGB OAK FOR VSI PwHl* HAUL MV LM NYC HAN/IN VANCOUVER OOtt 15/3 ORECT 5/« 8/4 HANJM KNANGYANG OWE 9/3 K. YOKOHAMA 0* 18/4 17/4 19/4 HAN UN SEATTLE 022E 22/3 CI 12/* 15,4 HANJM KUNSAN 072E 16/3 H fMmM MM 23/4 24/41,356 words
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Advertisement1299 1992-03-09 32 i j T cT"T3"EH"^^ I sant x iu> !S« S' ™*'«W»m I" e« Ml NTC IMV IM KM TW «S HO CRM HI I II am ft* i i'J it i !!'J *'J *'J H i /3 ni n/1 >•/« »>« VS 0/0 7/0 1/5 J/5 H/5 20/0 2/4 3/41,299 words
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Page 33 Advertisements
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Advertisement1975 1992-03-09 33 j 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 .JT&t FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 Bma UK/EUROPE SERVICE *****89 IMPORT CFS MB2; *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD1,975 words
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Advertisement1029 1992-03-09 33 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 EASTBOUNO—DISCHARGING WESTBOUND—LOADING TRANSHfPfD VIA ROTTERDAM wmeu HOT ls*T" |wc1,029 words
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Page 34 Advertisements
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Advertisement1521 1992-03-09 34 K 4 *W M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR Wj£ W W TEL: *****77 TELEX; KAWAKIRS23I6S FAX *****07/^9 I I v I r\l MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHO A 1 I v TEL SA *****00 PK *****01/5 PENANG *****0 JB ***** V HHHH KAWASAKI KISEN KAISHA,1,521 words
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Advertisement1160 1992-03-09 34 PHILI-ORI€NT IMS PT€ LTD 108 Robinson Road#o7-00GMG Building Singaporeolo6 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... m WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AusTßAUAmnmiAmiMwmmanc 07 MAR SYDNEY. MELBOURNE BRISBANE. FREMANTLE 06 MAR AUCKLAND WELLINGTON, LYTTELTON. NEW PLYMOUTH.1,160 words
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Page 35 Advertisements
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Advertisement1205 1992-03-09 35 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSS? HI 111 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 —CR NO; 1008Q*****QE. I JAKARTA 1 [BANGKOK I VESSEL VOY SIN JKT SIN VEBBEL VOV S,N BUNQA TERATAI 103 10/3 12/3 rwa KOT B,NTANQ KBT2IO 10/3 13/3 17/3 EQUATOR HAWK 37N 11/31,205 words
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Advertisement1266 1992-03-09 35 EacßenV f CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG PKELANGI OCEAN VSL/VOY StN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 6/3 7/3 TQYAMA 2092 10/3 27/3 29/3 30/3 uT~ ANSON/TBN 13/3 14/3 AROSIA 2102 17/3 3/4 5/4 6/4 8/4 ANSON/TBN 20/3 211/3 NIHQN 2112 24/3 10/4 12/4 13/4 15/41,266 words
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Advertisement518 1992-03-09 35 tegk MYANMA \pßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MYOMAYWA VI4OW In Port SM AVA WIUW 13/16 Mar Pi HPAAN VI74W 12/14 Mar PAGAN VISOW 16/19 Mir THE BANK UNE (A mtvlc* of Andrew Wpir Shipping) \T SEMI-CONTAINER SERVICE \1 HEAVY LIFT518 words
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Page 36 Advertisements
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Advertisement652 1992-03-09 36 STRAITS^APAMMTRAI^^^^I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS j w n m I st l 41 hPt 11/3 I M 11 11/3 15/1 SMIMEISM 7t n/i i|/i I TIMS AUTO 17 l«/l 1«/1 I cosmc CMLLEKa is 11/1 21/1 I smu 12 1»/J 22/1 I A SEA* TIAOfI J652 words
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Advertisement91 1992-03-09 36 REGULAR CWVEMTTONALSERVICE^/ I S pore P Kelang Loading for I ■OS PIONEER Sid 12/3 Rdm At* UK Nantes I I FURIA 15/3 18/3 Rdm Atw/UK Nantes I IS pore Loading for I PUMA 15/3 Aden Hodeidah Jeddah I LISE 15/3 Hodeidah Jeddah Aqaba/Port Said I GEMINI 20/3 Dubai/Dammam, Bahrain/Kuwait I91 words
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Advertisement146 1992-03-09 36 MLYLCLmiMIMTrnZtzm. 1 T BEUING# CHANGCHUN •CHANGSHA Ilm I L II 1/ V m 111 CHENGDU• CHONGQING• FUZHOU II ml V LJ MA X LJ I VSUIUN HARBIN KUMMING XIAN II ml L ri n > NANNING OUANZHOU SHEKOU -I il l f- |l f- SHENYANG SHENZHEN WUHAN If Ml 1146 words
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Page 37 Advertisements
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Advertisement1420 1992-03-09 37 SMALL PARCELS NEDLLOYD HAS BIG SURPRISE FOR YOU FEEDER VESSEL PKG PEN OCEAN VESSEL SIN LEH RTM(I) HAM(2) B*V FLX SOU GOT WtSSEL Jkt PKg -Pen Sin ST>aya dockland F#(A) N PlymouthfA) Truru Lyttedon(B) D-iedr(B) Njpwt Tauranga W Bhum 562 B Sero.a/833 7/3 5/3 N Ameoca/2042 10/3 28/3 29/3 31/31,420 words
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Page 38 Advertisements
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Advertisement823 1992-03-09 38 TO AUSTRALIA/NEW ZEALAND w [ji |Fr«n IkMb Syd Aoch Ink If CHAIM run Mjotc M? 20/j TiTi iTi «/< 10/4 i?/« MWSSa ;u 12/4 U/4 23/4 27/4 575 V 5 C ?W 23/4 l/j »/4 10/5 l«/» 1»/S ANTHWERPtN ?io~ 11/5 17/S 22/5 7775 JTI VI TO USA/CANADA wi Tsii823 words
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Advertisement951 1992-03-09 38 EXPORTS TO HONGKONG. TAINAN. MANIA t JAPAN "TWICE MEEKLY" MALACCA STRAITS SERVICE [OUTBOUNO VOY PKI PEN MJ SM MNL HKG KAO KEE TYO YOK SM2 NGO KOB VESSEL VOY SIN |PKL PEN BLW SM ACI UY 218 *13 **11 3 10 3 13 3 17 3 19 3 24 3951 words
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Advertisement160 1992-03-09 38 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta ETA in spore ran xelang penang BLUE JAOE 11/3 Loading tor MM •UVAI HUOHU 20/3 loMrng tor Calcutta WWW 12/3 In Pt loidM* for Male 3avo> pioneer supreme m Pt loading For Male DONAXUD4 21/3 Loaded For fthmuu PROGRESS IBEIITT Sailed160 words
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Advertisement1688 1992-03-09 38 Si tsia* m. -a- CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AGENTS SINGAPORE'S GENERAL AGENTS witoi gauss* m itd nUK: P. RUNG-TEL MUIO6/I TLI MA ***** n f t K» f L JKT TEL. (021)3€1137. 3617 M PENANG TEL S 20*41 TU: MA ***** TOONS 2tt*/l COSH* (H)1,688 words
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Page 39 Advertisements
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Advertisement660 1992-03-09 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 y HOT LINE; *****33 124 UMESI GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE VESSEL NAME |VOY NO |EX KOBE |EX OSAKA I ETA SIN ASIAN POILUS 093 10/03 13/03 19/03 ACX LOTUS 23-A 13/03660 words
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Advertisement1747 1992-03-09 39 (S RICHFIELD MARINE AGENCIES (S) PTE LTD ffi TEL: *****33 (12 UI>M) 1\ Pi fPJMIU I IHIIW ll|Hli[MM||||llli|^B^M EFAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lln«a) f§A ETHIOPIAN SHIPPING UNES I JAKARTA BANGKOK I r (National Lines of Ethiopia) Mn w <n [iffy* Iwr I wmw I jJliliiS' -1 B>i1,747 words
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Page 40 Advertisements
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Advertisement1621 1992-03-09 40 S'PORE 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 UK/SCAN/MEP PORTS j COt-OMBO/S. AFRICA PEN PK SIN 10/3 11/3 12/3 Ldn/Flx/Rdm/Ant Loo.s 14/3 \\n \ln 1 15/3 16/3 17/3 G'burg/C'hagen/S'hoim/Oslo mmiWIIiS llltilM i1,621 words
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Advertisement288 1992-03-09 40 BLUE STAR LINE TO FROM ZEALAND AND T/S TO FIJI AND FROM NEW ZEALAND PORTS SM NPt AKL IYT SJN MANOAMA 0%16 12/3 2«/3 VIA NPL 26/3 12/4 PRFMKR 17S 26/3 7/« WW NPI 9/4 26/4 MULBtRA 27S »/4 20/4 "I 22/4 1/5 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH288 words
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Advertisement1129 1992-03-09 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX. RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I COMTAIMCq SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL ]vOT I ETA [PEST VESSEL fw SPWE IP.1,129 words
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Advertisement838 1992-03-09 41 Ww COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MAT ARAN. HO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOJI. TOKYO*. MANILA*. DAVAO*. Pinanf* P Ktton*838 words
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Advertisement485 1992-03-09 41 CZ3Z I M Eg£l n.america/carribean services kssei hot sw wjo hror k»» lust Iwv |htc Imfm OUiU ML. LLl_ 2HJUSU K_lL4__Li.Jis__Li.iJ_ autttoflaAajLau-ziLKieu at 22, < TTrtT i,s »s >•* ifilL. JfcJ_ ANCAUfOMM Ui Uil. li-i W-> 15/5 >1 mow lint 2/4 lay CAurMMuk* M |n, 4 Hi/i Hm Hi. a485 words
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Advertisement452 1992-03-09 41 mi i m a MUTHMBE SHIPPING PTE LTO MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARtAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS. JEDDAM FAR EAST ACCEPTING FCL/LCL PfNANG P'KELANC JAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP452 words
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Advertisement520 1992-03-09 41 liiuh^llLU^UJ ASEAN/CHINA SERVICES VESSEL ni PNG f GUDANG KTN FOO Q SHAN 15/03 HUANGPU SHANGHAI P OU 27/03 DALIAN QMGDAO MADRAS/COLOMBO/BOMBAY/KARACHI SERVICES SGP PK PNG YANGOON KTN FOR T TING 20/03 KARACHI COLOMBO YANG 02/04 COIOMBO SINGAPOREAAADRAS/SINGAPO RE F CIA CI SERVICES SGP MOS TON 04 05/03 11-13/03 TBN 09520 words
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Advertisement461 1992-03-09 41 SIN FAI EAST 16/3 KFTI UNG/KAOHSIUNG 16/3 BANGKOK 13/3 MANIIA/CEBU 15/3 JAKARTA/BFIAWAN/SURABAYA 15/3 PORT KFIANG/PENANG/E Malaysia M/ 3 BUSAN 14/3 TOKYO/YOKO/KOBE/NGO/OSA 14/3 HONG KONG SIN CHINA 14/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUEOK/UN 14/3 LDN/FLX/LVP/SOU 14/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CAMADH461 words
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Advertisement753 1992-03-09 42 ni FIL CONTAINER SERVICES PTE LTD C'*- MADRAS CALCUTTA VBL SIN/MADRAS H VBL SIN/CALCUTTA SW IMA SM SM CAI SIN NHT AVAHABIf Sited 08-10/03 IS-18/03 NIXT AVAKABIE Sited W 13/03 19-20/03 M 10/03 15-17/03 23-24/03 07 01/03 U-U/03 24-25/03 13-14/03 20-22/03 20-25/03 14-15/03 20-21/03 27 21/03 JAKARTA DUBAI HONGKONG V3l.753 words
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Advertisement487 1992-03-09 42 ggonterm] CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— MADRAS 9 MAR '92 AUCKLAND 8 March BANGKOK 14 March EUROPE 14 March GOTHENBURG 8 March PENANG 9 March PORT KELANG 9 March JAKARTA 8 March MELBOURNE 15 March SYDNEY 15 March 235 0633 (KATHLEEN/ NICHOLAS/ MARILYN)487 words
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Advertisement985 1992-03-09 42 This Week's Sailings j T LTD FTD Singapore Singapore Bangkok 15/3/92 R °J,\we?™ 14/3/92 MUSI Port Kelang (< U,S„ g j 4 pB" To Mid West 15/3/92 Port Louis 16/3/92 East Coast Of ISA) fk Tel: Fax: 2 0m it Singapore 778 6522 779 2738 Esther Yap /iHt GlBeSLf Johore985 words
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Advertisement129 1992-03-09 43 vO c vOc <3 C vO c vO c vO c vQc > PREMIER CARRIER > Q RELIABLE SERVICES Q COMPETITIVE RATES u ?3 BARGES OPERATION TAILORING TO YOOR NEEDS Q SINGAPORE BATAM 0 ENQUIRY BOOKING: A V 274 1001 llnfk V 0■ 0 9 MUMi'iIi'iHiHi'HIIIJJIIH— Q WEEKLY CONSOLIDATION SERVICES129 words
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Advertisement16 1992-03-09 43 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.16 words
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Advertisement253 1992-03-09 43 Mc-PAC FREIGHT EXPRESS jCTT jT\\ (INCORPORATING NIHON-ASIA AND NAN-SHIN) '(flrW WEEKLY FCL/LCL "CONSOL" SERVICE:AJg= r CR: **********0E 1 USA including aH IPI 14/3 M HONG KONG 12/3 UNITED KINGDOM 15/3 M KEE/KAO 12/3 SYD, MELB, BRIS, A DEL 15/3 M P. KELANG/PENANG 15/3 FREMANTLE 19/3 M BANGKOK 12/3 15 MCCALLUM253 words
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Page 43 Miscellaneous
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Miscellaneous318 1992-03-09 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 **********00 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 24 28 28 26 22 16 11 07 05 05 07 13 19 24 26 25 22 17318 words
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Advertisement1135 1992-03-09 44 I Every Saturday In Business Times 4 HYUNDAI MERCHANT TO. LTp. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC WORTH-WEST FEIKR VOT PKE PGP SJH IX mm VOT MO LBH 0»K St* LI HAUI VOT MO TCM/SEA PTi NAN HAI 20C NOO9 11/03 12/03 13/03 H CHALLENGER 49C 20/03 06/04 01/041,135 words
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Advertisement515 1992-03-09 44 Every Saturday in Business Times FREIGHT MANAGEMENT GROUP BELGIUM 15/03 INDIA 15/03 FRANCE 15/03 PAKISTAN 15/03 GERMANY 15/03 SRI LANKA 15/03 HOLLAND 15/03 MID EAST 20/03 UK 15/03 BANGLADESH 12/03 ITALY 14/03 SPAIN 14/03 'THAILAND 15/03 HONG KONG 15/03 AUSTRALIA 15/03 PHILIPPINES 13/03 JAPAN 15/03 USA 15/03 MALAYSIA 13/03 TAIWAN515 words
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