The Business Times, 11 March 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, March 11, 1992 75"
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  • NEWS SUMMARY
    • 58 1 TOKYO Japan's scandalplagued ruling party, battered by two by-election defeats, yesterday proposed penalising politicians found guilty of campaign violations such as vote-buying. As the ruling party pledged to clean up politics, an opposition party legislator, Kenichi Ueno, said he was quitting politics to
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  • MARKETS SUMMARY
    • 31 1 WALL STREET stocks were up at the start of trading yesterday. with the Dow Jones index of leading industrials gaining 7.37 points just alter the opening bell to 3.222.49.
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    • 47 1 SHARES were higher at midday yesterday, although the market was locked in a narrow trading range ahead of the government's fiscal 1993 Budget announcement later in the dav. At 1200 GMT. the FTSE 100share index was up 8.0 points, or 0.3 per cent, at 2,558.7.
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 693.14 ++2.82 Kuala Lumpur ....586.95 +2.94 Tokyo 20,854.59 +56.91 Hongkong 4,918.95 +70.32 Sydney 1,605.4 +7.2 Monday Change New York 3,215.12 -6.48 London 1,984.4 +15.8
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    • 24 1 Exchange rates USS SS 1.6625 100 Yen SS 1.2585 MS SS 0.6488 Money market rates Overnight 2 1/2 -1/4 3-month 3 3/8% -1/16
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    • 38 1 London Gold AM fix USS348.90 -USSO. 10 Rubber S'pore Apr 137 00«/kg +2.00 M'sia Apr 2IOOO'/kg 1.00 KL Tin Tumover 40 tonnes -31 Spot MSI4.il/kg +0.07 Crude oalm oil Turnover 1,098 lots -595 Mar MS942 /tonne +2
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  • 605 1  -  Private sector should not be unduly concerned, says minister From Leslie Lopez in KUALA LUMPUR THE PROPOSED changes to the rules governing investments in Malaysia are just a draft and the private sector should not be unduly concerned about them, says Malaysia's
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  • 410 1  -  Cheaper fares when airport starts international flights next month By Sangeeta Mulchand SINGAPORE The first international flights from Johor's Senai airport will cost up to 39 per cent less than flights to the same destination from Singapore, according to figures from Malaysian
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  • 502 1  -  Earnings jump 83pc to record HKss.66b From Catherine Ong in HONGKONG THE Hongkongßank group is finally out of the woods. A strong recovery in most areas of businesses lifted 1991 net earnings 83 per cent higher to a record HK55.66 billion (S$ 1.2
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  • 579 1  -  Yesterday in Parliament By Anna Teo SINGAPORE Far from under-spending, expenditure by the Singapore government is comparable with that of the other Asian newly-indus-trialising economies. But frugal government spending in the right areas does allow the economy to grow and
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  • Page 1 Advertisements
    • 576 1 TEMPORARY PERMANENT PLACEMENTS £223*3362 Iraq says 21,000 died from shortages BAGHDAD Iraq, campaigning for an end to United Nations sanctions, said yesterday that more than 21,000 people, including more than 8.000 children under five, died in the first two months of this year because of shortages of food and drugs.
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    • 87 1 Sole Agent: li.W. Shelley Co. (Pie) Lid More reports on Pg 3 Call to bring back Economic Committee Call to consider expenditure tax Why NS tax relief is for all reservists Dr Lee defends foreign worker levy scheme Call for employers' CPF rate cut to be restored earlier M HUBLOT
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  • PAGE 2 NEWS
    • 625 2  -  Keppel Integrated to be floated in mid-year, Keppel Bank by next year By Magdalene Ng SINGAPORE Keppel C orporation Ltd is listing its banking and engineering subsidiaries sooner than expected: Keppel Integrated Engineering Ltd (KIE) is slated for the middle of this
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    • 289 2 Reuter TOKYO Domestic capital investment by Japanese companies in the current economic downturn is expected to decrease by 4.9 per cent in the year starting April 1992, the first year-on-year decline in six years, a newspaper reported. According to a survey conducted by
      Reuter  -  289 words
    • 366 2  -  By Dawn Tan SINGAPORE A group of 24 international banks is believed to be exposed to the debt problems of the Indonesian food processing giant PT Mantrust. Mantrust. a privately held company with annual turnover of about USSI billion
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    • 165 2 AFP HONGKONG China might further relax import controls when the government reviews its import and export licensing system this month. /hang Yaolin, an official responsible for this sector at China's Ministry of Foreign Economic Relations and Trade, said on Monday that Beijing would review
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    • 460 2 Aid needed to raise cargo-lifting capacity Reuter KUALA LUMPUR Malaysian shipowners are asking the government to provide up to MsB billion (555.19 billion) in easier credit to help them buy vessels and raise cargo-lifting capacity significantly, a senior shipping executive said. "The industry
      Reuter  -  460 words
  • Page 2 Advertisements
    • 90 2 WE'RE GIVING /WAY A FORTUNE TO ANYONE WHO GOES TOPLESS THIS MONTH. |J As you might guess, the COE price on the stunning open-top MX-5 Miata is no small amount, in (act it runs well into five figures. But right now we're giving H '"j away the COE completely free,
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  • YESTERDAY IN PARLIAMENT
    • 327 3 Timely to recall group in view of economic slowdown: Kenneth Chen THE Economic Committee that helped Singapore out of the 1984-85 recession should he brought back to help keep economic growth on course. Member of Parliament Kenneth Chen suggested yesterday. Speaking on the second
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    • 211 3 MEMBERS of Parliament active in the labour movement want the cut in bosses' contribution to the Central Provident Fund restored sooner than the 1996 deadline set by the government. One member, Othman Haron Eusofe (Marine Parade GRC), even asked for
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    • 238 3 THE GOVERNMENT should consider for the long run an expenditure tax, said Tanjong Pagar GRC MP Koo Tsai Kee yesterday. While he supports having a consumption tax in the near term as a supplementary tax source, there are strong merits in an expenditure tax,
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    • 193 3 THE government would be "mean" to leave out those exempted from reservist service. or those who arc no longer active reservists, from the tax relief for national scrvice, according to Defence Minister Yeo Ning Hong. The tax reliefs announced in the Budget
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    • 409 3 AGAINST clamour from some MPs and the public that the government modify the levy scheme or look into non-fiscal measures to control the influx of foreign maids. Labour Minister Lee Boon Yang yesterday stood his ground on the use of the levy. Rather
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    • 125 3  -  Reports by Chuang Peck Ming, Anna Teo,Shoeb Kagda TAN Cheng Bock (Ayer Rajah) described the 1992/93 Budget as a "sound" Budget. Given the economic uncertainty, it was better to err on the side of caution, which is the aim of the Budget, he said. "Rip-flopping" of
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    • 232 3 FIVE BILLS were introduced in Parliament yesterday: THE Commodities Futures Bill will provide for the approval and regulation of Commodity Futures Exchanges and clearing houses and a system of licensing for all commodity futures brokers, trading advisers, pool operators and their representatives. The Bill also seeks to give
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  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 62 4 ABOUT 1.100 flat owners have cast votes on the upgrading of Marine Parade, out of the 1,338 flat-dwellers eligible to vote. Those who have not yet voted may do so at Housing and Development Board branch offices until Saturday. The government will only go
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      • 72 4 A SERIES of radio shows featuring recent developments on "Living the Next Lap" will be launched on Radio 1, Radio 3 and Radio NTUC Heart tomorrow. The shows aim to give a better understanding of the Concept Plan drawn up by the Urban Redevelopment Authority
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      • 56 4 THE Transit Link Sales Offices at bus interchanges will sell bus concession stamps for April from March 15 to April 5. Passengers will also be able to buy concession stamps from the Transit Link Customer Service Centre at the Buona Vista Mass Rapid Transit station
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      • 44 4 BALLOT papers and related documents used in the 1991 general election will be burned at Tuas on Saturday. The ballot papers, kept in sealed boxes, will be taken from the Supreme Court at 8.30 am and transported to an incinerator.
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      • 60 4 M. THE National Science and Technology Board (NSTB) has awarded its first Joint Industry Masters (JIM) programme scholarship to Francis Tan, a manager with Smith Corona Ptd Ltd. The scholarship is aimed at upgrading Singapore's research and development (R&D) manpower. Mr Tan will pursue an 18-month
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    • 274 4  -  Receiver Price Waterhouse collects less than 1 m from sale By Joseph Rajendran THE axe finally fell on former disk drive maker PrairieTek Singapore Pte Ltd yesterday when the last of its equipment was auctioned. Receiver Price Waterhouse sold the manufacturing and office equipment at
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    • 429 4  -  By Colin Tan AFTER much wrangling with the authorities over the "permissible use" of its Bideford Road site, Japanese retailer Sogo has finally got the nod for a residential development there. Its 78-unit condominium project is on the Urban Redevelopment Authority's January
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    • 351 4  -  By Dexter Lee SINGAPORE Broadcasting Corporation and its whollyowned subsidiary Singapore Cable Vision are seeking foreign partners to exploit broadcasting opportunities in the Asia-Pacific. SBC general manager Moses Lee told the Pan-Asian Satellite Cable TV Conference in Hongkong on Friday: "As the broadcasting
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  • Page 4 Advertisements
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    • 85 4 "Our company is discussing with shop owners from various housing estates in Singapore to take over and upgrade it and organise a chain store business. There are more than 50 housing estates and still expanding all over Singapore. Types of business include Drug stores, Provision, Sundries, Shoes, Department Stores, Food
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  • COMPANY NEWS 1
    • 372 5 MBT KUALA LUMPUR Five companies have been selected by the Malaysian Treasury to undertake the country's biggest digital exchanges supply contract for Telekom Malaysia. The contract is valued at more than Ms 2 billion (S$ 1.2976 billion). Industry sources said the five companies
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    • 462 5  -  Group net earnings up 42pc By Dawn Tan SINGAPORE In the face of an increasingly competitive Malaysian market, the Hong Leong group of companies has achieved record earnings across the board at half time with directors confident of more profits ahead. Parent company Hong
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    • 748 5  -  THE HOCK LOCK SIEW COLUMN By Mano Sabnani SINGAPORE The fact that charting and technical interpretations of price trends have their limitations, whatever the underlying commodity, has been demonstrated again in relation to 'the Singapore stock market. Just when most technicians were coming
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    • COMPANY BRIEFS
      • 38 5 SINGAPORE The Central Provident Fund board has clarified that Wing Tai, Transmarco and Metal Containers are still CPF trustee stocks. The original list from the CPF omitted the three companies.
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      • 44 5 HONGKONG Accor SA has sold 83.22 million shares or 12.3 per cent of Mandarin Oriental International to US-based Goldman Sachs Co. Goldman said it has acquired the shares as a dealer with the intention of placing them with institutional investors.
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      • 37 5 SINGAPORE Guthrie Manufacturing (S) Pte Ltd has bought an additional 1.37 million shares at $1.66 from L&M Group Investments, bringing its total to 26.27 million shares representing 39.28 per cent of L&M.
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      • 30 5 SINGAPORE Yamaichi DAE Fund Ltd has posted a 239.14 per cent increase in after-tax profit to $12.01 million for the six months to Dec 31 1991.
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      • 53 5 MALAYSIA Malaysia Packaging Industry Bhd has announced an 87 per cent increase in net earnings to M 55.63 million (553.65 million) for the year to Dec 31 1991. Turnover rose 36.3 per cent to M 536.71 million and operating profit rose 81 per cent to
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    • 250 5 SINGAPORE Kinta Kellas Investments pic, the former tin mining company that has transformed itself into a leading project management group, reported a 90 per cent increase in operating profit for the year ended December 31, 1991. The listed company, part of the Umno-controlled Renong
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    • COMPANY BRIEFS
      • 112 6 TOKYO Japan's NEC Corp said yesterday it would produce electronic telephone switchboards in Indonesia in a joint venture with Indonesian and Japanese interests. PT NEC Nusantara Communications will be established in Jakarta with Indonesia's PT Elektrindo and PT Humpuss as well as Japan's Sumitomo Corp,
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      • 104 6 HONGKONG Jardine Strategic Holdings Ltd announced that as of Feb 29. the unaudited consolidated net asset value per ordinary and preferred ordinary share of the company was US$4.l2 (about 556.80) per share of each class. This is based on the market value of the company's holdings
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      • 109 6 JAKARTA PT International Nickel Indonesia, a subsidiary of Inco Ltd. expects output in calendar 1992 to rise slightly from last year's 34.43 million kg, company director Thomas Sitepu said. The company expected a higher output following a technical consolidation in 1991, he said. It
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      • 60 6 WjOXINGTON G T Management (Australia) Ltd said it its holding in New Zealand's Wilson and Horton Lto*publishing group to 4.61 per cent from 9.39 per cent. GT Management said in a statement to the New Zealand Stock F *£iange it had ceased to be a
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      • 119 6 PEBBLE BEACH, California Lone Cypress Co said it completed the acquisition of the Pebble Beach golf resort fnjm Mr Minoru Isutani in a deal which industry sources valued at about US$5OO million (SsB2s million). Lone Cyprtfc is a joint venture between Taiheiyo Club Inc and Sis»itomo
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    • 491 6 HONGKONG Sino Land Co, the development flagship of property high-flyer Robert Ng Chee-siong, saw a robust 131 per cent rise in profit to HKSS7B million (*****.9 million) for the six months ended Dec 31, said a South China Morning Post report earlier this week.
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    • 613 6  -  From Vit Hernandez in MANILA THE Philippine Long Distance Telephone Company (PLDT) is looking at new ways to fund its expansion plans. Possible new sources of funds include the World Bank and the issue of four billion pesos (***** million) worth of
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    • 177 6 Reuter MANILA Newly-privat-ised Philippine Airlines (PAL), which marks its 51st anniversary this month, expects to make a record profit of more than 1.3 billion pesos (SSBO million) in the current fiscal year ending March 31. The projection is based on PAL's net profit of 1.27
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    • 381 6 FT HONGKONG China Light and Power (CLP) and its partner Exxon plan to spend up to HK$6O billion (S$ 12.84 billion) over the next decade on new power plants and associated transmission and distribution systems in Hongkong, the two said on
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    • 352 6 BANGKOK Tuntex Petrochemicals (Thailand) Ltd's 8,500 million baht (***** million) pure terephthalic acid (PTA) project will not be feasible unless the Thai government reduces import duty on P-xylene from 10 per cent to nothing, the Bangkok Post said in
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    • 281 7 AFP NEWARK, New Jersey Honeywell Inc and Minolta Camera Co signed a final agreement on Monday under which the Japanese firm will pay Honeywell U*****.5 million (SS2 i 1.1 million) for the use of its automatic focus camera technology. Honeywell also said several other camera
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    • 243 7 AFP TOKYO Japan's Kyodo Oil Co Ltd and its main shareholder, Nippon Mining Co Ltd, said yesterday they were considering a merger to form a new oil giant rivalling the country's top distributor of petroleum products. Spokesmen for both companies confirmed
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    • 391 7 Reuter LONDON Satellite broadcaster British Sky Broadcasting, half owned by Rupert Murdoch's News Corp Ltd, said on Monday that it had broken even this month, 16 months after the merger that created it. "This month, for the first time ever, we will
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    • 442 7 Reuter HEERLEN, Netherlands NV DSM, hit by weak demand and overcapacity in petrochemicals, reported a 38 per cent drop in 1991 earnings but softened the blow for shareholders with an unchanged dividend of eight guildere (557.07). Net profit from ordinary activities fell to
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    • COMPANY BRIEFS
      • 58 7 LONDON Construction materials producer Steetley on Monday rejected the latest takeover bid from rivals Redland as "totally inadequate." Redland on Friday offered 365 pence (S$ 10.46) per share in cash or 87 of its own shares for 100 Steetleys, saying it was the final
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      • 56 7 NEW YORK Two Atlantic City casinos owned by Donald Trump were expected to file prepackaged Chapter 11 bankruptcy plans in Federal Bankruptcy Court late yesterday. The Trump Organisation was not immediately available for comment. Bondholders completed voting on Friday to approve the plans for
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      • 73 7 PARIS The government on Monday set the selling price for 2.3 per cent of the shares in state-controlled oil company Elf Aquitaine, a sale which could earn it more than US$367 million (*****.57 million). The price was set at 360 francs (S$ 105.97) a
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      • 64 7 FRANKFURT German chemical group Degussa said it would cut 1,000 jobs over the next 18 months. As of Sep 30, 1991, Degussa employed a total 34,482 people worldwide, including 12,720 at its parent company. In a statement, the firm said the cuts were part of
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 181 6 rr===mtpat= J f* A J? .EIWtROASIA 92 The 2nd International Conference 9c Exhibition on •j m Environment I m 3- 6 November 1992 I*. u Raffles City Convention Centre Singapore -LiJNVIROASIA, Asia's leading exhibition and conference on environmental technok>gy, equipment and services makes a triumphant return in November during Clean
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    • 157 6 OVERSEAS COLLEGE SINGAPORE A Canadian education is now available in Singapore at Canadian Overseas College. The School, which is fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to secondary school students from Grade 9 to the Grade
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 116 8 SEOUL American banks operating in South Korea have accused Seoul of unfair banking policies, sending a complaint to Washington ahead of bilateral talks, a press report said here yesterday. The six-page complaint accused the Seoul government of continuing its "window guidance" to
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      • 106 8 NEW YORK J P Morgan and Co Inc's US$5O million (SsB2 million) loss in mortgage securities was caused by trading in stripped securities and may precede even further losses. Wall Street sources said. This is the biggest mortgage trading loss since Merrill Lynch Capital Markets
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      • 82 8 WASHINGTON A leading Dutch banker urged the US on Monday to find a way to enable his bank and others to sell insurance in the US. "We all have to be concerned about a precedent being set in this country which moves in the direction
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      • 70 8 MILAN Shares in Istituto Bancario San Paolo di Torino, Italy's biggest banking group, will be priced at 12,200 lire (S$ 16.22) each, making next week's initial public offering of 125 million shares the country's largest-ever flotation, with a value of 1,525 billion lire. Analysts said the
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    • 465 8 AP WASHINGTON The nation's banks earned US$lB.6 billion (5530.3 billion) last year, a 15 per cent increase over 1990, even though 11 big banks lost money, the Federal Deposit Insurance Corp said on Monday. In a preview of a report
      AP  -  465 words
    • 348 8 Reuter PARIS French bank Banque Indosuez, part of Cie de Suez, said it posted strong growth in operating profits in all core business in 1991, but profits were hurt by exceptional provisions relating to one Paris property. Chairman Antoine Jean-court-Galignani told a news conference
      Reuter  -  348 words
    • 340 8  -  Rise in car loans, ship and equipment financing By Magdalene Ng SINGAPORE Great Pacific Finance Ltd (GPF) made a near-20 per cent increase in group net earnings last year, boosted by a rise in car loans, ship and equipment financing. The wholly-owned subsidiary
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    • 388 8 Reuter NEW YORK A US$l.3 billion (552.13 billion) settlement of claims against fallen financier Michael Milken and others at Drexel Burnham Lambert Inc was approved on Monday, after Federal regulators dropped their objections to the landmark pact. The deal, designed to settle more than 150
      Reuter  -  388 words
    • 590 8 MARKET TALK Reuter TOKYO While Japan's securities industry is awash in a sea of red ink. many foreign brokerages here have built islands of profitability by being... well, foreign. The old keys to profits held by Japanese brokers ties
      Reuter  -  590 words
  • Page 8 Advertisements
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  • THE REGION
    • 458 9  -  Suggestion made to break impasse with KL, Jakarta over two disputed offshore blocks From Harish Mehta in HO CHI MINH CITY VIETNAM has suggested joint cooperation as a way to break the impasse with Malaysia and Indonesia over two disputed offshore oil blocks. In one of
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    • 256 9 Reuter COLOMBO Sri Lanka's cash-strapped economy will be in serious trouble by the middle of the year if tea prices continue to fall and a drought persists, a senior Treasury economist said yesterday. "We will face a severe cash crisis by June," the
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    • 559 9 Reuter SYDNEY Australia's unemployment rate is expected by some analysts to have hit a post-World War Two high in February after an unexpected fall in January. Analysts said if the unemployment figures, due tomorrow are considered bad there will likely be increased pressure
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    • 272 9 Reuter BANGKOK Myanmar's ruling junta is planning to strike a deal with heroin warlord Khun Sa to stop his powerful private army from joining forces with Karen insurgents, a Thai intelligence officer said yesterday. Karen rebels are currently battling a fierce
      Reuter  -  272 words
  • Page 9 Advertisements

  • THE WORLD 1
    • WORLD WATCH
      • 108 10 WASHINGTON Consumers, still worried about the future prospects of the US economy, cut credit purchases tor the third month in a row in January, the Federal Reserve Board said on Monday. Loans for new cars, however, were higher as some buyers appeared
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      • 78 10 BONN Germany on Monday cleared its last major hurdle to ratifying the European Community's treaty on political and monetary union, with the opposition Social Democratic Party (SPD) lifting a threat to block agreement. SPD leader Bjoern Engholm said the party still sought changes to the
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      • 89 10 TOKYO The head of the International Monetary Fund (IMF) warned yesterday that the spendthrift habits of many developed countries threaten to slow the economic development of poorer nations. Speaking to a gathering of business leaders in Osaka, IMF managing director Michel Camdessus said a
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      • 87 10 KUALA LUMPUR US envoys to South-east Asia are to criss-cross the United States later this month in an effort to encourage US companies to take advantage of trade opportunities in the booming region. US firms must get out and compete in South-east Asia, which
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      • 84 10 MANILA The Philippines' major aid donors will meet this week to review the economic performance of the Aquino government and discuss possible assistance to the next administration. Representatives of the international donor community, led by Japan, are expected to attend the March 12-13 Hongkong consultative
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      • 83 10 LONDON China on Monday signed the Nuclear Nonproliferation Treaty, a spokesman for British Prime Minister John Major said on Monday night. Chinese Foreign Minister Qian Qichen formally turned over the "instrument of accession" or original copy of a treaty to Britain, which, along with the United
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      • 73 10 CARACAS New foreign investments in Venezuela rose in February to U5572.5 million (Ssl2o million), a 1,804 per cent increase over the same month of 1991, the government's Foreign Investment Superintendency (SIEX) announced. The figure brings the years total to UJSS 194.58 million, a 1,654 per cent
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    • 642 10 But conservatives not defeated yet Agencies BEIJING A dramatic change has taken place in China's political environment, and it is evident on the front page of every newspaper. But Chinese sources caution against concluding that Mr Deng has defeated the conservatives. Just a month ago.
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    • 312 10 FT LONDON UK govern-ment-backed export insurance premiums for sales to about 50 markets are to be cut by up to 50 per cent. The move will be regarded by many of Britain's leading exporters as a significant climbdown in a
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    • 417 10 Reuter BONN Pan-German trade figures worsened again in January, with the current account deficit nearly quadrupling and the once-buoyant merchandise trade surplus all but evaporating, official data issued on Monday showed. The Federal Statistics Office said the country's current account deficit jumped to
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    • 337 10 Reuter SHANGHAI Shanghai, its position as China's economic heart stolen by the cities of the booming south, must "break with convention and blaze new trails" to attract foreign investment. Mayor Huang Ju said yesterday. Reporting on progress with the city's ambitious multi-billion-dollar
      Reuter  -  337 words
    • 577 10 Focus now on non-traditional exports to fuel economic growth AP GUATEMALA CITY After relying for decades on coffee, sugar, bananas, cotton and meat. Central America is turning to textiles, flowers and other less traditional exports to fuel economic growth. "It's the wave of the future,"
      AP  -  577 words
    • 499 11 Japanese electronics industry says it is boosting foreign purchases Reuter TOKYO Japan's electronics industry reacted angrily yesterday to a US industry report saying a bilateral microchip pact was near failure and raising the spectre of sanctions if market access fails to
      Reuter  -  499 words
    • 315 11 AP MOSCOW Russia's industrial production is expected to fall through September, but rise in the last three months of this year under the Russian government's economic reform programme, the Russian industry minister said on Monday. The minister, Alexander
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    • 511 11 Congress unlikely to approve Bush's economic plan Reuter WASHINGTON The White House said it was not optimistic that President George Bush's economic growth proposals would be passed by Congress, saying a legislative stalemate was the more likely outcome. At a news conference, spokesman Marlin Fitzwater
      Reuter  -  511 words
  • Page 10 Advertisements
    • 126 10 SPRING IS IN THE FABULOUS FARE Spring Dinner (March 1 30 April) This March, Trader Vic's springs a few delicious surprises with an alluring set dinner menu at $55. For starters, our Cho Cho combination and Co Co Prawns are succulently sumptuous. As your inviting dinner unfolds with the varied
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    • 247 10 GENERAL SECURITIES INVESTMENTS LTD (Incorporated in the Republic of Singapore) Notice of Annual General Meeting To: All Shareholders NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of the shareholders of the Company will be held in the Function Room of The Development Bank of Singapore Ltd, 45th Storey,
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  • Page 11 Advertisements
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  • 465 12 EDITORIAL BRITANNIA ruled the waves. Pax Americana shaped the geopolitics of post-World War II and Japan has laid claim to a political role commensurate with its economic might. Yet, the three countries, expected to play major roles in the new world order being created out of
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  • WHAT THE OTHERS SAY
    • 284 12 AS FINANCE MINISTER Dr Richard Hu noted when discussing his Budget last month, there is an element of predictability about businessmen's reactions. So, too, concerns preoccupying them, as reflected in the latest survey by the Singapore Manufacturers' Association. A variety of rising costs accounts for one-third of
      284 words
    • 55 12 THE BREAKING UP of Yugoslavia seems inevitable. The disintegration began with Croatia. But the more alarming is the raging conflict between nationalist and religious groups in Bosnia-Hercegovinia. Ending the Bosnian conflict would require international intervention to enforce peaceful co-exis-tence between the different ethnic and religious groups in the
      55 words
    • 142 12 NEWSPAPERS are in fact doing a service for the readers when they rank the scores of junior colleges. We believe it not only provides a useful reference for the students, parents and individuals who are concerned about education but also serves as an encouragement to the principals, teachers
      142 words
  • REGIONAL VIEWPOINTS
    • 203 12 THE LEGISLATIVE COUNCIL is not yet in a full Budget revolt but it is getting there fast. Months before the Financial Secretary introduced his Budget, he knew his first hurdle would be the Legislative Council. The assembly also sensed from very early on that the best
      203 words
    • 170 12 AN ENVIRONMENTAL GROUP or what masquerades as one is currently doing what it does best: passing the "green" cap around for money abroad. This group, comprising some Malaysians and known as the "SOS Sarawak Campaign Committee," devotes all its efforts religiously to antitropical timber activities in its campaign
      170 words
    • 116 12 THROUGHOUT the 43 years of the People's Republic. there has been a constant struggle between purists and pragmatists. Ordinary people, however, are probably more concerned about being able to count on three square meals a day. This is no easy task in a country of 1.1 billion
      116 words
  • 999 12  -  The administration's chief economist tells Florence Chong about the various methods the government is using in Florence Chong Hongkong has taken precautions to keep the lid on inflation and to prevent the economy from overheating now that the massive ports and airports development programme
    Source: South China Morning Post  -  999 words
  • Page 12 Advertisements
    • 164 12 SingaPort 1992 To-date, Singapore's shipping and maritime technology has come off age. f And to markthismaturity. Business Times W P u^''s^' SingaPort '92 Supplement on March 25,1992 to tie in VHmiBM I w the c a opening of SingaPort '92 International Maritime Conference and Exhibition(on till March 28). The supplement
      164 words
  • Page 12 Miscellaneous
    • 28 12 DOONESBURY BY GARRY TRUDEAU Insr <r^^\\l II VmZZU I B£UQU&\ am ON IN! »SNC£ DOLHMt TDSHOW.JUSTA IMmSTIN6. IN6.YOUHMZ IS/ J GooPtosea kTivhat local mm is me, me' roMritxve
      28 words

  • ANALYSIS
    • 889 13  -  Joseph Fitchett discusses the controversial view that a nuclear balance of terror could result in a safer world Joseph Fitchett IHT DEFYING orthodoxy, a handful of strategists feel that the spread of nuclear weapons to more countries could enhance world stability. To argue that
      IHT  -  889 words
    • 1104 13  -  Genevieve Cua found the Europeans eager to please on the recent trailblazing official business mission led by Mr Lim Boon Heng Genevieve Cua THE RECENT business mission to Europe led by Mr Lim Boon Heng, Senior Minister of State (Trade and Industry), saw Singapore in the
      1,104 words
    • 693 13  -  Youssef Azmeh says the need for a steady income dictates Saudi Arabia's low oil price policy Youssef Azmeh Reuter OIL MARKETS and Saudi Arabia's partners in Opec often try to figure out why the world's biggest oil exporter follows a policy that
      Reuter  -  693 words
  • Page 13 Advertisements
    • 252 13 SEMINAR OBJECTIVES: To train participants in understanding the various facets of interpersonal communication To introduce various conceptual frameworks whereby the multi-faceted nature of culture is comprehensively understood To uncover how national character, organizational culture, and individual personality affect the dynamics of face-to-face selling or negotiation To inculcate in participants a
      252 words

  • THE LAW PAGE
    • 730 14  -  David Gabriel looks at case where divergence was on point of fact David Gabriel LAST week's Law Page story on the dissenting judgment by Judge Warren Khoo in the case involving the Kheng Chiu Tin Hou Kong and Burial Grounds drew considerable response from
      730 words
    • 576 14 CAM SEAH HONG SAY V. THE HOUSING AND DEVELOPMENT BOARD High Court of the Republic of Singapore, Suit No 628 of 1987: Chief Justice Yong Pung How. THE High Court has no jurisdiction over ex-gratia payments made by the government. But they
      576 words
    • 569 14 HAW PAR TRADING PRIVATE LIMITED V. INTREPRINDEREA DE EXPLOATAREA FLOTI MARITIME NAVROM High Court of the Republic of Singapore, Appeal in Admiralty No 312/90 628/90: Judicial Commissioner Kan Ting Chiu. IN THE course of international trade, Singapore companies sign many different types of contracts.
      569 words
  • Page 14 Advertisements
    • 310 14 auc^ !i: J S^ \n^ od r e^ a r— 25*° True fgscutive power 1 jw m -J^H m 1 AH fl^K A m the latest notebook, unique key mouse, /ree modem, eight hours battery life Now there's a notebook to meet the needs of the l I MMi EZ
      310 words
    • 249 14 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1992 A special Business Times Survey May 4,1998 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      249 words

  • SPORTS
    • 553 15 Cricket: World Cup AP WELLINGTON The West Indies cruised to a fivewicket victory over India in a rain-affected World Cup cricket match at the Basin Reserve yesterday, keeping alive its chances of qualifying for the semi-finals. The two-time champion West Indies team dismissed India for
      AP  -  553 words
    • 554 15 AP LAUSANNE, Switzerland The International Olympic Committee won agreement on Monday for the former Soviet republics to compete together in the Olympics for the last time. Despite requests from Ukraine and Georgia to compete independently, the lOC convinced all 12 former
      AP  -  554 words
    • 371 15 AP CLEMSON, South Carolina Michael Green has run the swiftest 55 metres in the world this year and will likely be in the Jamaican Olympic team. But he was once a reluctant runner. When he was in high school in Jamaica, Green
      AP  -  371 words
    • 619 15 NYT NEW YORK Since heavyweight Riddick Bowe turned pro in 1989, his manager, Rock Newman, has shrewdly manoeuvered him towards the top of the rankings and into position for an eventual shot at the title. But the question before the house is this: Did
      NYT  -  619 words
    • 186 15 WindiesAustralia clash vital Reuter WELLINGTON West Indies captain Richie Richardson said after beating India yesterday that next week's clash with Australia could decide the last World Cup cricket semi-final place. "That's going to be a hell of a match. The Australians are going to come out blazing and they're really
      Reuter  -  186 words
    • SIDE LINES
      • 223 15 SAN DIEGO The Swedish America's Cup team is angry over a rule that cost them a race and possibly their chance to reach the semi-finals. Sweden's Tre Kronor was just seconds behind Spain's Espana '92 on Saturday when the Spanish crew mishandled a spinnaker. It
        223 words
      • 63 15 LAUSANNE, Switzerland Primo Nebiolo, the International Amateur Athletics Federation (lAAF) president, is to visit South Africa from March 22 to 24, at the invitation of president Frederik de Klerk and ANC vice-president Nelson Mandela. Nebiolo indicated that he would try to find a solution
        63 words
      • 70 15 LONDON England's bid to host the 1996 European Football Championships won backing on Monday from the country's three main political leaders. Labour leader Neil Kinnock opened an exhibition supporting the bid in the Commons, saying the case was strong. Messages of support from Prime Minister John
        70 words
  • Page 15 Advertisements
    • 491 15 ASEAN FUND LIMITED (Incorporated in the Republic of Singapore) 180 Cecil Street #17-00, Bangkok Bank Building. Singapore 0106. Tel: *****55 Telex: RS ***** AFCSGP Fax: *****27. Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Third Annual General Meeting of the Company will be held on Friday, 27
      491 words

  • Page 16 Advertisements
    • 642 16 Nothing Beats A Bud. OF l~ I I Go flor Gift Certificates Gift certificates from King's Hotel are in handy $50 and $100 denominations. Ideal for all occasions, they can be used for rooms and at all F&B outlets. Corporate purchases of $500 or more entitles you to a discount
      642 words
    • 279 16 WHERE TO WINE, DINE NOT TOUR USUAL FOOD I BUFFET AT CAFE PLAZA Portuguesc/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 other prizes! Adult: $18++
      279 words
    • 249 16 DAILY AT PINE COURT^^B You'll enjoy our delicious selection i of authentic Beijing Dian Xin served amidst the splendour of an Imperial Court. May we expect you today? W From noon to 2.30 pm. fKjETT I Ala carte menu available. BniQi j aHPH v J S/ar>f6iwi S tvya/Mf I 333
      249 words
  • Page 16 Miscellaneous
    • 714 16 TELEVISION AND RADIO 1 CRPI9 A 'i*'' Highlights from Parliament. 6.40 Syiar Ramadan Puasa diiciuccc au Damn I j i—> ar%. gi-j -w y ,s* 9.45 Points of View Divorce: Menurut As Sunnah. BUSINESS ON HAPIM Mngie ana nappy; asr"* bbcs*,.™^,, O A A y J-JJ 10 30 Wwln d
      714 words

  • LIFESTYLE
    • 564 17  -  Nirmal Ghosh meets singer Monica Borrfors, around whom Sweden's top jazz group revolves Nirmal Ghosh SOMEHOW, jazz singers are never small and skinny. Perhaps small and skinny people can't generate that deep, throaty voice which is characteristic of the smoky ballads that such legends as Billie Holiday and
      564 words
    • 282 17 THE VIENNA Chamber Orchestra, a regular performer in most major cities and music festivals, will play its first note in Singapore next week. Widely recognised as one of the most accomplished orchestras around, the 46-year-old ensemble is also one of the most popular. Under
      282 words
    • 552 17 Scientists are learning that most vitamins play far more fundamental and long-term roles in the body than anyone had previously suspected NYT LONG consigned to the fringes of medicine and accorded scarcely more credibility than crystal-rubbing or homeopathy, the study of how vitamins affect the body
      NYT  -  552 words
    • 393 17 €HAfIIKSQ?€ CHRISTOPHER Columbus, whose epic voyage across the Atlantic Ocean is the focus of modern-day controversy over what it unleashed, is to get his day in court 500 years later. A mock jury at the University of Minnesota's Human Rights Centre indicted the explorer on
      393 words
  • Page 17 Advertisements
    • 181 17 AND ENTERTAIN I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. ANA HOTEL For reservations, SINCAPORE please call 732-1222 ext 1589. 16 I Park View Singapore I For fine
      181 words
    • 49 17 I I' V. i-L An Art perfected into a Science. Suits Shirts of Flawless Quality. N •,r A B >X< i ij, r) heong c bailors f (t.uuNished I9j.it Lower Lobby. Shangri La Hotel Tel 235 7692 #03 09 Westin Plaza Rattles Ctty Tel 338 0819 Fa* 65-337 3244
      49 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4267 18  -  By Quak Hiang Whai A SLIP-UP in a Central Provident Fund Board's announcement on its latest list of trustee stocks provided much of the excitement during yesterday's session which was otherwise marked by thin and dull trading. The list provided by the CPF
      4,267 words
    • Article, Illustration
      70 18  -  -By Chew Eng Han Comment RESISTANCE at $1.76 did not break as expected. The stock is now probably heading for the first support at $1.50, which should hold on the first assault. A rebound from $1.50 is likely, but only a strong surge beyond $1.73-$1.76 will turn the
      SOURCE: PONT DATA  -  70 words


  • 3264 20 Leader U 530 +15 +2.9% Magnum Corp 50* 352 +12 +3.5% Sime Darby 50* 269 +7 +2.7% M Cement 50« 277 +6 +2.2% Cons Plant 50« 147 +5 +3.5% M Banking 505 +5 +1.0% Antah Hldgs 50* 145 +4 +2.8% MMC I0« 152 +4 +2.7%
    3,264 words
  • Page 20 Advertisements
    • 140 20 SINGAPORE WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. «*y The first 130 subscribers will Zt each receive a 125 ml bottle of Montana after-shave worth $58. J Expiry Cbte I Please send this coupon to SINGAPORE BUSINESS Subscription Dept, I
      140 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5135 21 Bernama BARGAIN-hunting activity halted the downtrend on the Kuala Lumpur share market yesterday and prices rebounded to close firmer. Investors moved in for bargains on shares made attractive by the recent falls but gains were limited due to cautiousness over the market's near term prospects, dealers
      Bernama  -  5,135 words

  • BT SHARE INFORMATION SERVICE
    • 598 22 Main Board last Fill Year Forecast I»te Net Net Profit EPS mm* Year EPS Cross profit Rjngt bnge C trnfm Period last jr ending (cts) dr* (J'MO) (S$a) (*«l Spore land F Mar 12 Dec 91 126 10 0 44 641(f) 352—43 7 133UIC f Mar 12 Dec
      598 words
    • 503 22 Main Board l*t Fril Ye* Cm*hi Period Date Tear EPS Cms M announced ending (eta) dn pnM last year (SS'IN) EMS Final Nov 6 Jul 91 3.0TE 17.878L UN taro Final Mar 11 Dec 91 5 0 58 0 1.325(c) Prima Final Mar 12 Dec 91 69
      503 words
    • 109 22 Company Date Year Group Not Not earnings Cross ann to profit/loss (L) per sJiare dividend (000) (coots) Van der Horst Mar 5 Sep 91 12.739(12.451) 4 7(4 2> 1(1) Pacific Can Mar 4 Sep 91 S106(J1.450L) 0.2(—) Cerebos Feb 13 Sep 91 J45.623|($38.911) 148(128 23 6TE(30TE) KL Kepong
      109 words
    • 194 22 Company Data Year Croup pro-tax Not earnings Gross ann to profit/loss (L) per share dtvMoiid (•000) (cents) BAT Mar 9 Dec 91 $41.513($41.018) 33 1(33 8) 166 6(152.4) DBS Mar 7 Dec 91 $421,654(1404.238 62(59 3) 16(15.7) SSE Mar 7 Dec 91 $25.537($19.830) 11.2(7 9) 5(5) Sup Metal
      194 words
    • 212 22 Company Data HaH-year Group pre-tax ann to profit/km (L) dnridMd ('000) First Capital Mar 6 Dec 91 S3.937(SI 70L) FN ins Mar 5 Dec 91 A$24.363t($48,794l) -(40) Roth Inds Mar 5 Dec 91 *32.334(132.507 22 5(225) Cons Plant Feb 29 Dec 91 M$59.800<$40.600) 10(8) DMIB Bhd Feb 29
      212 words
    • 514 22 Mar 9 Rasa Sayang Beach Hotels (Penanj) wi be refisted on the Kuala Lumpur Stock Exchange under a new name, Shangri-La Hoteb (M) Bhd, by the end of June. Singapore Arfnes and Straits Steamship Land have each taken a 20 percent stake in a US$5O million hotel development
      514 words
    • 549 22 Company Rights Issue Itoci T*ch One tor-one fe SI 00 per share BoRon Issue of *****8m nominal amount of 351 Redeemable Unsecured Guaranteed Bonds 1991/% with 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for every three elisting shares held Every $2 nominal
      549 words
    • 711 22 CwrMt Ex Books Date Total tar Total tor payment date data payaWo tka yaar last yaar Asean Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C US10C A«m 20C 12 5%TE Mar 3 Mar 13 May 15 175%TE 12 5*TE BAT 21C 104 8* Vk 9 Apr 22
      711 words
    • 55 22 Conversion Special Trdg Scriptess Conversion deadline Period Trading Company starts (IDP) (SO starts First Capital* Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai San Hap* Apr I Apr 23 Apr 10 Apr 23 Apr 24 Semb Shipyard* Mar 20 Apr 16 Apr 3 Apr 16
      55 words
    • 1678 22 Trans Registered Substantial Buy/ No. of Amoent Shareholding Stock Date Holder Shareholder/Director Sell shares Before After Keppel Corpn 05/03/92 Street Names Temasek Holdings (Pte) Ltd S 10,000 76,443 153,058,001 37.18 153.048.001 37 06 G Securities 05/03/92 Post Office Savings Bank of S pore B 54,000 79.449 7,773,000
      1,678 words
    • 108 22 Pubic Bank Bhd: 26th AGM EGM at The Ballroom, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, on Wednesday. Mar 11, at 11am Paramount Corpn Bhd: EGM at Btlik Kuliah, 11th Floor, Menara Maybank, 100 Jalan Tun Perak, ***** Kuala Lumpur, on Thursday. Mar 12, at 10am Hai
      108 words
    • 154 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 to* 1316 68 21/2/92) 1992 to* |W592 (27/1/92 1992 loir. *****4 (2/1/92) 1992 tar 9/3 92 1991 tafh: 1333.08 (3/6/91) 199 to* M g 6/9 1991 tow: 1022.52 (16/1/91) 1991 tar ***** 16/191 1990 lifh: *****3 (16/7/90) 1990 1MJ.12 27
      154 words
    • 222 22 Company Rights Issue MC8 Hdp One-tor ten (a, MSI 10 per share Ei-date Feb 24 Books dose Mar 9 Acceptance ft Payment NYA Tech ResoifCtt Four-tor five MSI 30 per share Ex-date Feb 3 Books close Feb 19 Acceptance ft Payment Mar 31 Company Others Centrepoirt Renounceable preferential
      222 words
    • 363 22 In local curr In SS In L'S$ dy yr dy S yr dy yr Mar 9 Index chge chge chge chge chge chge World 3%. 9 -0.1 -2.8 0.1 -4.3 -0.2 -6.7 *EAFE 486 2 -0.5 -3.2 -0.1 -7.0 -0.4 -9.4 Europe 437.7 0.2 6.4
      363 words

  • STOCK EXCHANGE OF THAILAND
    • 2216 23 Reuter LOSSES by highly capitalised counters in the Stock Exchange of Thailand yesterday weighed down gains in other sectors and the stock index ended almost unchanged in a very quiet market, brokers said. The SET index rose only 0.28 of a point to
      Reuter  -  2,216 words
  • JAKARTA STOCK EXCHANGE
    • 1221 23 JAKARTA share prices eased in thin trading yesterday. The official index fell 1.65 points to 282.34. Turnover was 4.62 million shares compared with Monday's 9.36 million. But brokers said the outlook was still bright and forecast a surge in prices to end the market's
      1,221 words
  • Page 23 Advertisements
    • 14 23 Timeszone Central is an easy-to-read pull-out tabloid appearing every Thursday in the Central Zone.
      14 words
    • 217 23 B USINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3608 THE COMPANIES ACT, CAP 50 AND IN THE MATTER OE EASTERN PACIFIC MARKETING PTE LTD (IN MEMBERS' VOLUNTARY WINDINGUP) NOTICE OE EINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. SO
      217 words
    • 460 23 You'll get a clean job 'r-'i.Sfe,yflnM/irK done when you call in the experts > found at A ossification UNITED INDUSTRIAL CORPORATION LTD (Incorporated in ft* Repute of Srngepore) LOST SHARE CERTIFICATES Applications has boan modi Id fta Praetors oHhtatoownamad company to lssua duplicate start cartlAcafcs In ptaca of N tottowtag
      460 words

  • TOKYO STOCK EXCHANGE
    • 2573 24 Reuter TOKYO stocks ended mixed yesterday after a late pro-gram-driven surge pushed the Nikkei Average modestly higher but left the broader Topix Index at its lowest close since November 1986. Sentiment remained shaky, with no buy-incentives in sight and worries of selling ahead of
      Reuter  -  2,573 words
  • STOCK EXCHANGE OF HONGKONG
    • 2609 24 Reuter HONGKONG shares rebounded sharply yesterday, but in diminished turnover, to more than recover Monday's 60-point slide on rumours of a major rights issue by HSBC Holdings. The Hang Seng Index surged 70.32 points to close at 4,918.95, while turnover fell to HK51.69 billion from
      Reuter  -  2,609 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2203 25 Reuter LOCAL bargain-hunters pushed the Australian share market up yesterday to close on the day's highs after five consecutive days of falls. "There was a bit of bar-gain-hunting later on as the market had eased up a bit lately," said Geoff Wilson of Prudential-Bache
      Reuter; SOURCE: PONT DATA  -  2,203 words
  • REGIONAL STOCK MARKETS
    • NZ shares rally strongly after Monday's slide
      • 494 25 THE Taipei stock index closed slightly higher yesterday in sluggish trade as many investors remained sidelined, brokers said. The weighted index closed at 4,926.20, up 3.17 points. Turnover was a very thin NTS 17.2 billion against NT524.45 billion on Monday. Brokers said that concern over political reforms and tight
        494 words
      • 526 25 MANILA share prices broke out of a slump yesterday in a spate of bargain hunting but volume remained thin as investors kept a wary eye out for political violence in the run-up to the May national election, brokers said. The Manila Stock Exchange composite index rose 10.33 points to
        526 words
      • 69 25 THE Bombay Stock Exchange (BSE) share index jumped 74.83 points, or 2.16 per cent, to a record 3,547.61 on Monday, when trading resumed after a break of nearly a week. Brokers said the BSE index shot up despite low business volume mainly because of the buying pressure on shares
        69 words
      • 51 25 INDICES TURNOVER Clow Previous Mar 10 NEW ZEALAND NZSE-40 Capital 1.461.24 1.442.19 +15.35 MANILA Composite Index I.I 16.71 1.106 38 +10.33 Turnover (million) 332.4 446 78 -114.34 TAIPEI Weighted Price Index 4.926.20 4.923.03 +3.17 Turnover (NTS billion) 17.2 24.45 -7.25 SEOUL Composite Stock Index closed 628.02 Turnover (billion won) closed
        51 words
      • 304 25 AFTER tumbling to a near four-month low on Monday, New Zealand shares made a strong comeback yesterday to end just below their session highs. The NZSE-40 capital index rose 15.35 points to 1,461.24. Turnover was patchy and worth NZ$2O.3 million. The rally's strength surprised some brokers given the
        304 words
      • 600 25 Seoul Mw 9 Won 00) Anam Electric Ind 115 7 Anam Ind 390 I Ankuk Insu 328 unch Asia Cement 275 8 Asia Motors 156 +2 Bank Of Che Ju 163 -4 BankOfPusan 119 -I Bank Of Seoul 99 2 ByuckSan 175 unch Cheil Sugar 300 5 Cheil Synthe Text
        600 words

  • WORLD STOCK MARKETS
    • Dow slides in slowest session for year
      • Article, Illustration
        1398 26 STOCKS slid for the fourth consecutive day on Monday in the slowest session of the year as investors stepped to the sidelines to wait for a clearer picture of the economy's condition. The Dow Jones Industrial Average, which lost 19.9 points on Friday, eased 6.48 points to 3,215.12
        1,398 words
      • Article, Illustration
        869 26 THE London stock market pulled ahead in thin trading on Monday as traders took the view that the upcoming budget would boost the ruling Conservative party's chances of winning the election, widely expected in April. The blue-chip Financial Times Stock Exchange 100-share index, which fell 5.2 points on Friday,
        869 words
      • 251 26 GERMAN shares on Monday repelled early selling pressure and rebounded with encouraging strength above a key resistance level to finish near the day's highs. The 30-share DAX index ended 4.30 points higher at 1,750.25. Futuresdriven selling and expectations for continued profit-taking following recent gains had sent the DAX to
        251 words
      • 124 26 DUTCH shares stormed off after much better than expected 1991 results, but sentiment veered during the session, shredding their gains and leaving the rest of the bourse mixed by Monday's close. The EOE Index closed 0.07 lower at 308.93, having fluctuated within a one point range. DSM, expected to
        124 words
      • 248 26 A MODEST late rally in French bond prices pulled the Paris bourse out of the doldrums on Monday, erasing an early half per cent drop. The CAC-40 index rose 9.37 points, to 1,976.28 on modest trade of about two billion francs. The market, which lost ground last week for
        248 words
      • 239 26 ITALIAN stocks closed lower for the ninth successive session on Monday, in continuing thin trade, with banks and insurers doing badly and with some fresh talk of operators facing financial problems adding to market nervousness, brokers said. Once again, institutional investors were basically sellers as the MIB index closed
        239 words
      • 258 26 SWISS shares ended a quiet Monday session a touch easier, but off their day's lows. Brokers said rising money market rates weighed on stock prices, but a recover on other European equity markets lifted sentiment slightly in the afternoon. The all-share SPI index closed 3.3 points lower at 1,132.8
        258 words
      • 164 26 FORESTRY firm SCA's major sale of a power subsidiary boosted an already positive Stockholm bourse on Monday, and shares closed higher for the 11th day out of the last 12. Dealers said strong foreign interest continued, spurred by a string of company plans to end foreign shareholder limits. The
        164 words
      • 394 26 TORONTO stocks on Monday drifted lower late in the day to close moderately lower, dealers said. "I saw lack of interest. That was the real story," one trader said. "I haven't seen it this slow these last few weeks." All of the market's 14 indices closed only slightly changed.
        394 words
      • 460 26 INDICES TURNOVER NEW YORK flow Previous Mar 9 Dow Jones S&P 500 Turnover (million) 3.215.12 405 21 160.84 3.221.60 404 44 192.34 -6.48 +0.77 -31.5 LONDON Financial Times 30 FTSF. 100 Turnover (million) 1.984.4 2.550.7 331.1 1.968.6 2.533.1 484.9 15.8 17.6 -153 8 FRANKFURT DAX Index 1.750.25 1.745.95 +4.30 AMSTERDAM
        460 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1182 27 REPORTS ASIA Tokyo: The US dollar crept higher both against the yen and the mark in late Asian trade yesterday, hovering close to the 132.20 yen resistance level. "There are not so many orders to buy or sell," said
      1,182 words
    • 359 27 Cross rates Mar 10 USS SS MS Dm Yen SFr AS NZS uss 1.6630 2.5590 1.6610 132.10 0.5795 1.5060 1.3210 1.8265 ss 1.5388 0.9988 79.4348 0.3485 0.9056 0.7943 1.0983 MS 0.3908 0.65 0.6491 51.6217 0.2265 0.5885 0.5162 0.7137 Dm 0.6020 1.0012 1.5406 79.53 0.3489 0.9067 0.7953 1.0996
      359 words
    • 533 27 Interbank rates S$ Bid Offer Overnight 2 1/2 2 3/4 1-month 3 1/4 3 3/8 2-month 3 5/16 3 7/16 3-month 3 3/8 3 1/2 Overnight mode: 3 L'SS Bid Offer 7 days 4 1/16 4 3/16 1 month 4 1/4 4 3/8 2 months 4 1/4 4
      533 words
    • 549 27 Action will undermine efforts to defend Swiss franc Reuter TOKYO The chances of central hanks acting to defend the mark against the dollar are slim in the near term because that will undermine Swiss National Bank (SNB) efforts to restrain the mark,
      Reuter  -  549 words
    • 1156 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.67 95.67 95 66 95.66 2000 >274 ***** Jun 92 95.39 95.41 95.39 95.39 6700 4643 ***** Sep 92 95.04 95.06 95.03 95.03 2700 2767 9270 Dec 92 94.36 94.38 94.36 94.36 2300 1203 6703 Mar
      1,156 words
  • Page 27 Advertisements

  • COMMODITIES
    • 405 28 Reuter SINGAPORE Exploration will uncover substantial deposits of oil and gas in Cambodia which until now has never found any hydrocarbon in commercial quantities, according to a study by the East-West Centre received here on Monday. "Based on offshore geological data
      Reuter  -  405 words
    • 261 28 Reuter TOKYO Japanese oil products imports are expected to decline after Japan scraps its quotas on crude refining capacity, but industry sources here said they do not see this leading to an immediate industry restructuring. "I don't expect to
      Reuter  -  261 words
    • 850 28 REPORTS THE TIN PRICE on the Kuala Lumpur Tin Market (K.LTM) yesterday rebounded to close seven cents higher at MS 14.11 a kg due to a smaller offering and firmer London values overnight, dealers said. "Miners are not selling on expectation of
      850 words
    • 1411 28 Rubber Mar 10 HAS (te> In balw) S cents/kg Noon Close Inl 1 RSS Prompt 136.25/137.25N 137.00/138.00N Int 1 RSS Apr 92 136.25/136.75 137.00/137.50 Int I RSS Mav 137.00/137 50 137.75/138.25 Int 2 RSS OP 134.00/135.00N I34.75/I35.75N Inl 3 RSS OP 133 50/I34.50N 134.25/135.25N Int 4 RSS OP 131.50/132.50N
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  • Page 28 Advertisements
    • 1057 28 BUSINESS TIMES II free Tel No 737 0043 -Fax No: 734 3698 UNITY FIBRE CO (PTE) LTD (In Voluntary Liquidation) (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the companies Act (Cap 50) that the Final General Meeting of the Members of the abovenamed
      1,057 words
    • 7 28 Advertising Marketing in Business Times every Thursday
      7 words

  • 1249 29 City Flight ETA Flight ETD j City Flight ETA Flight ETP Ah* Dhabi GA895 1520 MH642 1220 SQ106 1045 QF8I 20,0 S0227 2115 gjg Sgjj" KL837 2215 ggf/ $],"> GA895 1530 KL838 2325 MH609 1625 MH608 1540 Athens 0A471 0015 0A472 2240 SQ11I 1705 SQ112 1545
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  • THE TRAVEL PAGE
    • 392 29  -  LETTER FROM MINNESOTA By Jimmy Golen The mall of America, four months away from becoming the largest shopping mall in the United States, has more steel than the Eiffel Tower and more than 75,000 cubic metres of concrete. It will have more than 400 stores,
      392 words
    • 150 29 As at 3pm yesterday: IxKal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.2S0S 1.2675 Canadian dollar 1.3775 1.4051 NZ dollar 0.8991 0.9200 Sterling pound 2.8550 2.8936 US dollar 1.6570 1.6630 dollars to 100 units of foreign current*) Austrian schilling 14.02 14.31
      150 words
    • 84 29 Duration Title Venue Organiser Tel April International Days of Tourism Yugoslavia /agrebacki Valesajam <38)41/*****6 April 7-12 International Building Fair Helsinki. Finland The Finnish Fair Corporation *****5091 April 9-15 British International Antiques Fair Birmingham Centre Exhibitions. Birmingham 021-*****18 (fax) Duration Title Venue Organiser Tel April 20Kxpoship Barbican The
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  • Page 29 Advertisements
    • 41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We know Europe from atari to Finnish.
      41 words
    • 25 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749 2577
      25 words
    • 51 29 wedding that millions saw Film stars Alex Man and Kelly Chu (Tien Niu) go for the glitter in their marriage. It was televised "live" in HK and watched by millions. Today In the New Paper The wedding pictures And the wedding story iggjSffil NEW, NEWS, NEWSY From lunchtime Monday to
      51 words
  • Page 29 Miscellaneous
    • 306 29 1 Reports meant tests having to be organised 9 6 Caustic article on a partic- —PBL—BL— ular section of the police 10 A knight frequently had this to face (5) 11 j 11 They question cut-back by down-under flfl| 12 With no partner, doing for 13 Leisurely student gives supto
      306 words
    • 174 29 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 32.3 Assoc humidity 63% Minimum temperature 24.0 Assoc humidity 94% Hours of sunshine 8.95 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World forecast Asia-Pacific Hi/1/)* Cond. Auckland 22/15 Cloudy Bangkok 34/24
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    • 35 29 bUIaJRMaMSHiHWffI FUDGE, HRS GONC me my Pen SON POND ABC TUaT rws \T OR THIS Time OPT TO nelo I T H^ T e strru —Lyy OUT tmp,T B?okc BflC< —^gii fASSOCIATED NEWSPAPERS LTO.. 1962-1992
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  • 850 30 Bank of Tokyo predicts faster growth for some, slowdown for others AFP TOKYO Economic growth in Taiwan and Hongkong is likely to pick up this year as the slowdowns in South Korea and Singapore gather pace, according to the latest annual outlook
    AFP  -  850 words
  • 244 30 Reuter BRUSSELS Nato and its former Soviet enemies have pledged that a treaty slashing conventional forces in Europe, regarded as the cornerstone of post-Cold War security, would be put into effect within four months. "We are committed to early entry into
    Reuter  -  244 words
  • 301 30 AFP SYDNEY Canberra's strained relations with Jakarta faced renewed pressure yesterday following publication here of fresh allegations of corruption among Indonesian President Suharto's family. The claims were made in a record of a meeting of Australia's Department of Foreign Affairs branch heads in October
    AFP  -  301 words
  • 236 30 Reuter LONDON Britain's Conservative government, mired in recession and behind in opinion polls, prepared to reveal a budget yesterday meant both to please voters and assure financial markets of its prudence. Sources said the budget was expected to include personal and corporate tax concessions to
    Reuter  -  236 words
  • 420 30 Reuter BEIJING China is planning cuts to its bloated civil service, while its defence industries will step up production of civilian goods in line with market demands, newspapers reported yesterday. The papers said China will slash the size of its lumbering and inefficient
    Reuter  -  420 words
  • 471 30  -  From John Helmer in MOSCOW A FOREIGN policy controversy is brewing in Russia over remarks made by a senior Russian official on arms sales to Taiwan which could affect Sino-Russian relations. A March 3 report by the Asahi Shimbun in
    471 words
  • Page 30 Advertisements
    • 238 30 CHARTPOINTI Every Saturday in Business Times KHAW AND SONS The absolute advantage of being bilingual C Our bilingual teachers offer you I intensive training at all levels in I small groups. I Mandarin for beginners Mandarin for Executive 1 I Mandarin for Executive 2 I Mandarin for children I Chinese
      238 words
    • 166 30 ASIAN STOCK MARKETS Computerised databases designed for optimised indepth research Access to a high speed structured database gives undertake direct data sourcing and research. Our the Fund Manager and Researcher an added edge dedicated Financial Database Administrators in in today's fast market cycles. each country ensure responsive and accurate collation.
      166 words
    • 277 30 CHARTPOINT Every Saturday in Business Times Reformist revival prevails in China, Page 10 Shanghai mayor urges push for more foreign investment. Page 10 i Electronic Data Interchange (EDI) Controls Workshop Electronic Data Interchange (EDI) is increasingly being accepted as a business tool throughout the commercial world In the past few
      277 words

  • Shipping Times
    • 396 31  -  By Juliette Walker SINGAPORE A US firm best known for its under-wa-ter robots is considering making Singapore its regional base to expand operations in the Pacific and Indian Oceans. Eastport International may open a full-service office here in June to tap business related
      396 words
    • 272 31  -  By Tan Hua Joo SINGAPORE Hongkongbased Orient Overseas Container Line Ltd (OOCL) will upgrade its five-loop trans-Pa-cific service with 800 45-foot containers later this month. The new boxes will provide shippers with "better loading capacity", said an OOCL (Singapore) spokesman. He, however, declined to
      272 words
    • 262 31 AFP HONGKONG Cathay Pacific and Vietnam Airlines will introduce two more joint flights to Ho Chi Minh City to increase the weekly total of flights to Vietnam to six, the airline said on Monday. Cathay Pacific resumed flights to Vietnam in December
      AFP  -  262 words
    • 1179 31 Page Col ABC Containerline 12 1 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 3
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    • 310 31  -  By Dexter Lee SINGAPORE Tricon, the shipping consortium comprising Cho Vang Line, Senator Linie and Deutsche Seereederei Rostock (DSR), plans to re-route its services to improve coverage of Middle East ports. Vessels plying Tricon's eastbound round-the-world (RTW) service will call at Jeddah and
      310 words
    • 334 31 BANGKOK SIAM Consortium Service Co, a bulkcarrier operator, has persisted with its search for Petchompoo. the ship missing without trace in Vietnamese waters since August last year, though the chances of locating the vessel are fast depleting. March 18 will mark
      334 words
    • LOG BOOK
      • 114 32 KUALA LUMPUR Malaysian police have identified a boat used in an attack last Saturday on local fishermen and have stepped up anti-piracy patrols in the area oflf the port of Klang in central Selangor state where the attack took place, Bernama news agency quoted Klang
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      • 100 32 BUENOS AIRES An Argentine coast guard ship on Monday fired warning shots to halt a Spanish fishing boat operating illegally in Argentine waters, naval officials said here on Monday. The Naval Prefecture Argentina's river and coast guard fleet reported the Spanish-registered Piiente Ladeira was operating just
        100 words
      • 76 32 WASHINGTON President Bush signed into law on Monday a bill that legalises gambling on American cruise ships. Its sponsors in Congress said the intent is to make US-flag cruise ships more competitive with foreign-flag ships that offer gambling. The measure eliminates current federal prohibitions against
        76 words
      • 90 32 TOKYO A group of three Japanese shipping firms operating a route between Japan and Russia said on Monday that Russian shippers' unpaid bills have reached US$ll million. The group, led by lino Kaiun Kaisha Ltd, is considering not accepting further shipments unless Russian consignors
        90 words
      • 98 32 COLOMBO Sri Lanka's national carrier Air Lanka is to start direct flights to Jakarta in July as part of the airline's plans to expand its operations in Asia, a spokesman here said on Saturday. Initially Air Lanka will operate two flights per week on
        98 words
      • 36 32 JAKARTA Indonesian Minister of Religion Munawir Sjadzali said here on Saturday that a record 100,687 Indonesians with 1,150 guides would make the annual Muslim pilgrimage to Mecca, Saudi Arabia, this year.
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    • 911 32  -  What is a satisfactory profit for shipping lines? And what rates are necessary to sustain carriers? Shipping executives share their views with Richard Knee Richard Knee American Shipper Base shipping prices for certain commodities moving westward on the Pacific are due to climb this month and
      American Shipper  -  911 words
    • 272 32 THE FREIGHT market firmed last week, boosted by better demand in the Pacific, and the CIS coming out to buy grain after the US Government issued USS2OO million of credit guarantees. On the futures market, the Baltic Freight Index (BFI) gained S points to finish the week at
      272 words
    • 532 32 THE OVERSUPPLY of large tankers waiting to load in the Mideast Gulf showed no signs of easing and owners' earnings continued to fall, brokers said. There still remain more than 60 vessels of 17 million dwt available up to the end of this month broker E.A. Gibson estimated
      532 words
    • 373 33 Mir 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. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore For further details please contact
      373 words
    • 6211 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,211 words
    • SHIPS IN PORT
      • 694 47 Vessel Voy No Berth kDepartue Vessel Voy No Berth Arrival Depart** Marina Terminal 1 Thanh Da 3/92 P08B 1103/0600 1203/0600 Batam Baru B132 M04 1103/2300 Trans Hav 290-A 1003/2000 1103/0700 Batam Mum *****2 MM alongside 10 03/2300 Van 0mmeren2 2/N20* P04 1103/1200 1103/2300 Btm Bahagta *****2 M03
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      • 221 47 Hn,» joiwiic ron Berth: 1: Juta Jaya; 2: Bangkhuntien; 3: Myomaywa; 4: Elioth SS; 5: Ryo Kim; 6: Barge Josindo Satu. 01 jetty: Stott Surf. DCh ml. Due on Mar 10: Green Sea, Ming Autumn, Globe Emerald. Due on Mar 11: Bum Han, Bunga Semarak, Ararat, Sukun,
        221 words
      • 831 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rsfts Slip Voy No Etb/Btr Period From To From ACX Jade 75A 11/1600 1 10/1500 10/1659 10/1900 ACX Lily 21B 13/1600 1 10/1500 10/1659 10/1900 2 10/1700 11/0659 11/0900 4 11/1200 11/1459 11/1700 Al Mariyab 59A 14/0100 1
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    • 172 48 AFP WASHINGTON Delta Air Lines has placed an order for nine Airbus A3lO/300 jets for delivery beginning in the first quarter of 1993, the US carrier announced last week. While details of the order were not disclosed, analysts estimated it was worth some
      AFP  -  172 words
    • 301 48 USAir buys London routes for USssom AP WILMINGTON Trans World Airlines' agreement to sell two of its last three London routes to USAir got clearance on Monday from a federal bankruptcy judge. The US$5O million (SsB2 million) sale of routes into London's Gatwick Airport from
      AP  -  301 words
    • 434 48 UPI LIMA, Peru Economy and Finance Minister Carlos Bolona announced on monday that Peru hopes to earn US$6OO million (Ss7B million) this year privatising 14 state-owned companies including the state airline, banks, petroleum refineries and urban transport. Mr Bolona said the
      UPI  -  434 words
    • 313 48 Reuter WEST POINT, New York Dcfence Secretary Richard Cheney said on Monday the US Navy is prepared to inspect the cargo of a North Korean freighter if it is determined that the vessel, believed to be carrying Scud missiles, is headed
      Reuter  -  313 words
    • 157 48 WASHINGTON America West Airlines, which has been operating in Chapter 11 bankruptcy since last June, said it mil expand its service at its Columbus, Ohio, hub with fourdaily flights to St Louis on May 15. America West, which had been bruised trying to compete with
      157 words
  • Page 31 Advertisements
    • 28 31 I Lines and services represented by, Members of the Registry of Accredited Shipping Agents, Singapore National SMp- UJAjxMi) ping Association. /•or atlvcrliuiit? enquiries, contiu t Shipping /who. /<•/ ;40-2im/74^2im.
      28 words
    • 132 31 INDONESIAN STATS OWNED STKVEDOItK AND PORT SERVICES Fa all Indonesian main ports including outports SNV MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE: /■jf L■ *A "v. V >•."■ -C S »<> ,>T ■<,' ■>> i.*-,: Cj
      132 words
    • 228 31 SUMMARY Finding a resonaMe return on profits BASE SHIPPING prices for certain commodities moving westward on the Pacific are due to climb this month and next, but the crystal balls arc as cloudy as ever on the question of when rates will start to bring in reasonable returns on investment
      228 words

  • Page 32 Advertisements
    • 94 32 iMP^-^ ft could be a controversial deal between two stock 1/ market stars, a thought-provoking report by (*n( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section
      94 words
    • 27 32 *SEA FREIGHT CONTAINERS Manufacturer seeks buyers for 50 Nos. New 40 ft containers- Spot delivery. Annual capacity 2,400 boxes. Contact Mfr's rep 337 0673 Fax: 339 2894^
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  • Page 33 Advertisements
    • 2487 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \MIInr BOOKINGS TEL: *****234 *****56 IffnTm TERMINAL/CFS TEL: *****218 220 I* DQQCQ H PEBAKA JARDINE SHIPPING SDN. BHD. LVflflfJ PORT KELANQ TEL: *****18 FAX: *****91 *****88 n. PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****6 ■■VmPPPI Dedicated to Quality Service ipoh
      2,487 words
    • 1494 33 IUJUASC I UNITED ARAB SHIPPING CO (SAO) VEBBEL/VOY SIN IhYC |BAL I OUT I »AV I KHMWR IS/3 H/4 N/4 N/4 27/4 I II MTTTAM *74 M/l 2/S 4/11/17/11 m mam ni vi 12/1 ma ivi vn I Mmn is/4 22/s a/i a/i vn I inn 2VA_J 1/1 IVI Iv«
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    • 1440 33 ■nrmm TWO SAILINGS TO U.SJV. MARGRETHE MAERSK V.9204 ETA SIN 17/3/92 ARTHUR MAERSK V.9206 ETA SIN 16/3/92 VMM Voy ETA I ETO Feeder by DESTINATIONS Johanna to TWa week Margrethe Maersfc 9204 17/3 oaoo hrs Port CfS 16/3 2359 MRS Kelang Penang OAK LGB HOU MEM ATL MIA CHS BAL
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  • Page 34 Advertisements
    • 1496 34 Roam/ v t -1 VOY NO S PORE JEDDAH SHAMTON H BURG ANT LE HARVE LA SEINE 23/110 12/3 21/3 4/4 31/3 30/3 HOECHST EXPRESS 02/310 15/3 1/4 3/4 8/4 7/4 nWH,. KAGA 23/111 19/3 28/3 11/4 7/4 8/4 ,MWW HANNOVER EXPRESS 07/311 22/3 8/4 10/4 13/4 14/4 KURAMA 15/112
      1,496 words
    • 734 34 BEASPAC SERVICE CONTAINEMB ft —KAKBULK [XRECT SOOTH PACIFIC SERVICE SIN NOU suv PPT PALEMBANQ 3301 EB 26-27/3 7/4 10/4 14/4 COPIAPO 3403 EB 9/4 25/4 27/4 3/5 Tranait Tim* (13) (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA. NUKUALOFA. P. VILA FASTEST SERVICE TO CWI/PERU SIN
      734 words
    • 1385 34 1 EaWAWA MMM REGULAR INDEPENDENT FULL CONTAINER SERVICE WEEKLY LCL SERVICE WE ARE PLEASED TO ANNOUNCE AS FROM NORASIA SAMANTHA V 9202-3 ETA SINGAPORE 16/3/92 LCL. CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS. ITALY VENICE/TRIESTE/ANCONA EGYPT ALEXANDRIA/PORT SAID TURKEY IZMIR/MERSIN GREECE PIRAEUS MALTA VALETTA SLOVENIA KOPER FOR BOOKINGS/ENQUIRIES PLS
      1,385 words

  • Page 35 Advertisements
    • 1947 35 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Far. *****17 ACCEPTS DUE MIS CMfiO SPORE BKOK SSSHT22? SHll 2" PtGASUS 707 12-11 MM (DtSCH omt) stout* JJ**" }J'!? !J" M I? II" WttNUTY V.I7SN IS-1I MM 1819 MAR STRAITS VENTURE VOtt Muara,
      1,947 words
    • 1270 35 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd X 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 W Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 w y v CR Number: **********0Z EXPORT IMPORT VES6CL VOY 'WW *Sq iIM ALO SOU ANT NOT
      1,270 words

  • Page 36 Advertisements
    • 525 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY S PORE ROAM/AO AM H BURG BREMEN ANTWERP MAT ARAM 31*8 In Pt 12/4 16/4 20/4 23/4 SAMUAYA/34W8 15/4 18/5 23/5 27/5 30/5 KUTAI/25W 2/5 5/6 10/6 14/6 17/6 FAST TRANSIT TMME ACCEPTING BREAKBULK/CONTAINERISEO CARGO SubjNt to Inducement. Alto accepting
      525 words
    • 1314 36 HANJIN SHIPPING FOR VSI SM UK HAUL IGB OAK FDR V* SM ILK HAUL SAV LM NYC KANAN VANCOUVER 008E 15/3 OKCT 5/4 8/4 HANJM KUNSAN 072E 16/3 M PtOPtTKXfi 030( 23/4 24/4 2C/4 HANJM SEATTLE 022E 22/3 OHECT 12/4 15/4 FISHGUARD BAY 204N 23/3 N. SAVANNAH 031E 30/4 1/5
      1,314 words
    • 1246 36 j.ij.i j I.„ I 1?, It?, I!, iu m ui ryc lhv mni»*r» am m I I ?.fl M/J if/? JF? /J H,i V/ 1 nn a/J >•/« a i/S «/S 7/J 1/4 1/5 14/5 a/5 2/1 1/1 C SLV?U li/? */l 2/i i\ V\ *J\ l V 1/4 5/4
      1,246 words

  • Page 37 Advertisements
    • 1999 37 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 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 MRJV UK/EUROPE SERVICE *****89 IMPORT CFS MB2 *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 ■Wf m NEPLINE SDN
      1,999 words
    • 902 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DCCHAKQNG WESTBOUND—LOADWC IHAKSWftD V.A ROTTERDAM rani wr I* ww
      902 words

  • Page 38 Advertisements
    • 1593 38 K 4 f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) WjK W W TEL: *****77 TELEX; KAWAKIRS23I6S FAX; *****07/^9 M MALAYSIA; "K" UNEMARITIME (MALAYSIA) SON BHO 1 JL m. AJL M TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
      1,593 words
    • 1206 38 PHIU-ORI€NT UNCS PT€ LTD 108 Robinson Road 007-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Tetex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... SsL- WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUrnULIA/MEWZEALANNWOUTHFHCmC F&ACL 15 MAR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 12 MAR AUCKLAND WELLINGTON,
      1,206 words

  • Page 39 Advertisements
    • 1106 39 PACIFIC INTERNATIONAL LINES (PTE) LTD J f JJg/gf 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 [JAKARTA H [BANGKOK T_ L ,o, sin T, t, s, KOTA RAKTAT 111 IS/1 IT/» H/l s°lJ£s£y ST 3/5 S! ■UN.A TIAATAI m IT/, ~/> %£ESm 5U m! Z\ KOTA RAKYAT »f
      1,106 words
    • 807 39 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL I PENANG PKELANGI OCEAN VSL/VOY SIN SOU RTM (2) HAM (3) GOUi) ANSON/TBN 13A3 14/3 AROSIA 2102 17/3 3/4 5/4 6/4 0/4 ANSON/TBN 20/3 NIHON 2H2 24/3 10/4 12/4 13/4 15/4 ANSON/TBN 27/3 28/3 BENARTY 2122 3W3 17/4 19/4 13/4 15/4 ANSON/TBN 3/4
      807 words
    • 391 39 »BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SMGAPORE 0208 TEL: *****8S TLX: R*****5 SMMER FAX: *****64 ACCEPTS PORTS OF SPORE CARGO D€ ST NATIONS MERCURY PEARL VOX 1213 Mar My Muara Labuan. KK BMTANG SERM VO7E 1711 Mar Da* Bbiti*.. Ifri. KBMatt MERCURY IAOE VOSE 11-19 Mar Da«y Muara.
      391 words
    • 517 39 M MYANMA VBk FIVE STAR LINE (Myanmar National Line) Loading for Yanfon (Rangoon) Sport P.KJf Pm P.Gdf MYOMATWA VI4OW la PI Sd VU4W 14/ II M* 12/13 Hi kPI HP* AA VI74W 12/14 M» PAGAN VISOW 11/21 llir THE BANK lime (I S«f*>ct of Andrew Mef Shpp<r{ SOi-CONTAMER SERVICE HEAVY
      517 words

  • Page 40 Advertisements
    • 624 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WSStI IST tf n IK M sai m. 4i h n MM *lU' II 12/3 11/1 "II UEtSNI 71 hi K 11/1 TRANS MTTI 37 14/1 1»/J MAKE mm 23 14/3 NSW CRALLERCER IS 11/3 24/3 imu 11 IS/3
      624 words
    • 63 40 pan ocean I {HAN) SHIPPING I COMPANY LTD TO UK CONTINENT PORTS TO MIDDLE EAST PORTS TO USA PORTS TO F.E./S E.A. PORTS S pore: BALISA AGENCY PTE LTD I 80 Marine Par,id«.' Road *»13 01 02 Parkway Parade Singapore 1544 Telt.'x RS ***** BALISA For Bookings Tel *****00 (8
      63 words
    • 137 40 CaRGOFLQ /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2083 _A China WE uS~ Y S-—- jSsEf\ frLo CONSOLIDATION y "sgv V'nr Kono China Ports Include: VAU .f'o BEIJING CHANGCHUN CHANGS HA Vy-v CHENGDU CHONGQING FUZHOU .4 mmmmmmmmmmamm GUIUN HARBIN KUMMING XIAN \f\ 1 NANNING OUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN JZZ—(V
      137 words

  • Page 41 Advertisements
    • 1293 41 NEDLLOYD GIVES YOU FAST TRANSIT TO/FROM S. AFRICA SBESfc. Nedlloyd Lines FEEDER VESSEL PKG REM OCEAN VESSEL SM LEH RTM(I) HAM(2) BRV FU SOU GOT VESSEL Jkt Pig "Pan fkk Sin S*a»a Auckland FiP(A) NftyiMuth(A) Tmaru LytMton(B) OunMto(B) Napm W««nften(C) Tairangi QC /OK wok c N Rosano/*****+ 19/3 17/3 16/3
      1,293 words

  • Page 42 Advertisements
    • 809 42 TO AUSTRALIA/NEW ZEALAND |frwi |IM |Sf4 Audi NK [T CHAIN niiN huug «T mi TiJi i/4~ "vi To/i Ti/S rrhsi IM ii/« i»/4 ?i/4 v 75 J/s »/s c wai 2W 2375 iTs "sTT" "ioTT" le/s 157s anth«k»«n m u/s 17/5 HJi~lT7i Til vi TO USA/CANADA VSI S» G<* Nrtlciurinlon
      809 words
    • 1040 42 EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN 'TWICE WEEKLY" MALACCA STRAITS SERVICE OUTKMP WT na FEN AO ISW I MNL HRG XAO KEt TYO TOK SM7 NGO XOB IVESSR VOT |SM |PKI PEN M9N Aa LtT 219 **9.3 »»11.3 10.3 13.3 17.3 19 3 24 324 3 25.3 213 AC»
      1,040 words
    • 1677 42 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER IJNKR SERVICE ■UT9» AGENTS SRGAPORE'S GENERAL AGENTS CHUNG CHMO SMTKMNBM> COST** SHTPIHG PTE LTD II TEL: *****91/17 FAX: *****92, ***** rri. ixitM/ncirii INDONESIA RMRIINc t KLWG -TU 3USIOC/I Til :HA ***** ra >ttS/l7no» *T TIL: (021)*1M7. 3(17(4 PEMNG Til *****1 TU: MA ***** TOO.
      1,677 words

  • Page 43 Advertisements
    • 649 43 vg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 24 LINES) GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE i VESSFI NAME I VOY WO lEX KOBE |EX OSAKA I ETA SIN ACX LOTUS 23A 13/03 16/03 24/03 ALIGATOR COLUMBUS
      649 words
    • 1399 43 RICHFIELD MARINE AGENCIES |S) PTE LTD TEL: *****33 (12 Lln«a) BFAX: *****15/*****03 J TELEX: R3 ***** RISHIP (3 Lln«a) \\J&\ ETHIOPIAN SNIPPING UMCS r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ABVOT 28WB 15/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WONZ 13WB (/OS
      1,399 words
    • 318 43 BBS VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SM TIGER STAR lON 13-14/03 21-23/03 29-30/03 TIGER BADGE 19SN 17 18/03 23 25/03 30-31/03 TIGER STEED 196N 23-24/03 29-31/03 05-06/04 VSL VOY SMGAPORE/CALCUTTA/SMGAPOfIE VESSEL VOY SM CM. SM TIGER RIVER 146CN8 14-15/03 20-21/03 27-29/03 EAGLE BREEZE 090 19-20/03 26-30/03
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  • Page 44 Advertisements
    • 1587 44 MAC-NELS S'PORE *****11 j PENANG: (04) *****6 SIBU: (084) *****9 KK: (008 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAhffIE&PjCpTS l AFRICA j ti.ii!<nilinil-<r i fir ifrrrrr irfir fi iii i n X* i' "> <■< i PfN PK SIN PEN
      1,587 words
    • 294 44 ■■■■nrnTTmnTSHHH tut STAR LIKE f TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS NPI Ml ITT SM MA NO AM* 0516 12/3 24/3 VIA NPL 26/3 12/4 PftCMER 17S 26/3 7/4 VIA NPI 9/4 26/4 MUIBCRA 27S 20/4 MA NPI 22/4 1/5 FULLY CONTAINERISED
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    • 1142 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA SlNG^^E^r^^EST^lAuf^lA ffsSa 0Y |IKT VESSEL 1 VIT SPWK P. HEIAK KIM SOON LI 49/92E 14 MAR PENANG
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  • Page 45 Advertisements
    • 832 45 COMPANIA PERUANA DE VAPORES V* "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BLL Of LADMG. Wc\ "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, M 0«, TOKYO*. MANIA*. OAVAO*,
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    • 489 45 CZ3Z i MBBOT N.AMERICA/CARRIBEAN SERVICES *S3tL Ivor taw Imawlwi |WT [LAI hST |M» PTC -OULAI HL.azJ_aUflKi I_ UIL. _Ul_ -id- -24- Id— m BMCELOM 233 til l M HOttA JL-_iZi_ Jd--Li-flMUDtflA IDIE 36/3 BM CAUfOItMA 52i 2/5 11/1_ li/i. IZd-lld-m GENOO Ilia 7/4 5 CAIFMMAhg 7/5 Hi/5 IIVS 117/2 111/
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    • 455 45 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SMARJAH. DOHA. MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG JAKARTA. BANGKOK HONG KONG TAIWAN, JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE LEEDS TILBURY ABEROEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN t ALL
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    • 520 45 luuyaiililiiiiiSg ASEAN/CHINA SERVICES VESSEL SGP PR PNG P. GUOANG KTN FOR Q SHAM IS/03 HUANGPVJ SHANGHAI P GU 27/03 OALIAM/QMGDAO MADRAS/COLOMBO/BOMBAY/KARACHI SERVICES SGP PK PNG TANGOON KTN FOR IT GUAM 12/03 COLOMBO 1 TM SHAN 21/04 MADRAS/COLOMBO I TANG 10/04 MADRAS/COLOMBO SINQAPORLMAORAS/SINQAPORE FCtACL SERVICES SGP MDS TON 12-13/03 20 22/03
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    • 462 45 SIN fW EAST 16/3 KEELUNG/KAOHSIUNG 16/3 BANGKOK 13/3 MANILA/CEBU 15/3 JAKARTA/BELAWAN/SURABAYA 15/3 PORT KELANG/PENANG/E. Malaysia 14/3 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 EUKOPE/UH 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/CANADA 15/3 LOS
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  • Page 46 Advertisements
    • 748 46 Bit FIL CONTAINER SERVICES PTE LTD CIS- MADRAS CALCUnA v»t SINMAOfIAI I V>L UN/CALCUTTA SM IMA SJN SM H SM ICXT mi«lE U-IS/03 21 23/03 29-30/03 NCIt AVAIMU 14-IS/03 20-21/03 27-20/03 17-11/03 23-25/03 30-31/03 10-20/03 20-30/03 05-00/04 23-24/03 20-31/03 05-00/03 23-24/03 30-03/04 00-10/04 JAKARTA DUBAI RUM6KONG VOL OIN/JAKARTA VOL SIN/DUBAI
      748 words
    • 421 46 BontermJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 12 MAR '92 HAIPHONG 13 March BANGKOK 16 March EUROPE 14 March GOTHENBURG 15 March PENANG 18 March PORT KELANG 16 March JAKARTA 17 March MELBOURNE 15 March SYDNEY 15 March ©235 0633 (KATHLEEN/ NICHOLAS/ MARILYN)
      421 words
    • 532 46 This Week's Sailings 71. etd etd l Singapore Singapore Rotterdam Bangkok 15/3/92 Antwerp 14/3,92 Port Kelang 13/3/92 (Onforwarding i To Mid West/ 15/3/92 Port Louis 16/3/92 qtr i ——J fBHe a 8 Singapore 778 6522 779 2738 Esther Yap Johore 07-*****8 07-*****3 Alfred Ng CiaakWM| JWT Jakarta 021-*****40 021-*****01 Troy
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    • 460 46 MANILA ETA VIGOUR PACIFIC 28MB 14/3 VIGOUR SINGAPORE 22N8 21/3 BANGKOK 15/3 22/3 BUSAN 16/3 23/3 HONGKONG 14/3 21/3 DORBAN/PT LOUIS 16/3 29/3 KEELUWG 16/3 23/3 USA 16/3 23/3 PT KELANG 13/3 17/3 KOBE 16/3 23/3 PIRAEUS 14/3 20/3 OSAKA 18/3 25/3 JAKARTA 13/3 17/3 DUBAI 12/3 19/3 I\arL CHINESE-POLISH
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  • Page 47 Advertisements
    • 259 47 Oc Oc vQc vCZ>c Oc Oc Oc V VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: the only consolidate with WORLDWIDE NETWORK n \J Weekly FCLACL Services II V USA fUROPE FAR EAST > Baltimore. Votalner Consolidation Services Hamburg: Van Ommeren Hamburg GmbH S'pore: Van Ommefen
      259 words
    • 92 47 YUSEN SEACARGO AGENT OF TRANSCONTAINER LIMITED CONSOLIDATION SERVICES TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA, HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTERDAM, FELIXSTOWE (ALSO ACCEPTING FCL CONTAINERS.) YUSEN AIR SEA SERVICE (S) PTE LTD SOUTHPOINT #11-02 A, 200 CANTONMENT RD, SINGAPORE 0208 TEL: (65) 227 4567 FAX: (65) 227 5556
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  • Page 47 Miscellaneous
    • 312 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 03Q0 0400 0500 0600 0700 OSOO 0900 ******************** 1500 1(00 **********00 2000 2100 2200 2300 JR 19 25 29 29 2.7 23 1 7 1.2 08 07 06 07 1.1 15 19 21 22 20 1 7 13
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  • Page 48 Advertisements
    • 1217 48 x T Every Saturday Business Times in MERCHANT MARINE CO. LIP. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST Fgoa VOT ME KD SH I* HAU. WT KAO IBM OAK gA Lit HAW. VOT K*o ICM/StA PU WAN HM 20C NOW 11/03 12/03 13/03 H CHALLENGE* 4X 20/03 OC/04 M/M
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    • 485 48 1 "WAa- to cuU£? FREIGHT MANAGEMENT SRI LANKA COLOMBO ETD EVERY WEEK PAKISTAN KARACHI ETD EVERT 10 DATS BANGLADESH CHITTAGONG ETD EVERT WEEK INDIA CALCUTTA, BOMB AT, ETD EVERT 10 DATS MADRAS SIN JKT PKL PEN BKK MNL JOH BSB tel *****11 *****66 *****96 *****8 *****29 *****76 *****1 *****3 tax
      485 words