The Business Times, 17 March 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Tuesday, March 17, 1992 THE BUS/NESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 77 1 BEIJING Wang Renzhong, a member of the Communist Party's Central Committee and a former vice-premier, died yesterday of a heart attack. He was 75. A hardliner, Mr Wang headed a party investigation of former party general-secretary Zhao Ziyang, who was purged after the 1989 pro-democracy
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    • 38 1 ERZINCAN, Turkey Rescue teams pulled 40 more bodies from the ruins of this earth-quake-shattered city in Turkey yesterday, raising the known death toll to 360. At least 650 people have been injured.
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    • 38 1 THE Public Utilities Board and the Salim group yesterday signed a joint-venture agreement to develop Bintan's water resources. The Bintan project will provide water for commercial needs and for supply to Singapore Page 2
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    • 36 1 THE Japanese-controlled International Merchandise Mart (IMM) has acquired a substantial stake in sporting goods company World of Sports, while at the same time taking over the Singapore Baggage Transport Agency Page 4
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    • 36 1 NEW ZEALAND is on the road to recovery after five years of economic gloom, concur government officials and private forecasters. But they disagree on the speed and extent of the recovery. Page 8
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    • 32 1 ANALYSTS predict that 55 per cent of South African ers will vote for the end of apartheid. But support may be slipping because of black factional violence Page 9
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    • 30 1 AROMA BIOTECH, a Singapore start-up company backed by venture capital, is cultivating fungi from tropical fruit such as pineapples and coconut to reproduce their flavours Page 16
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    • 38 1 AUSTRALIAN shipbuilder Austal Ships will unveil a new high-performance catamaran, with a price tag of between US$B million (SS 13.42 million) and US$9 million, at the Singaport '92 exhibition next week. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 24 1 WALL STREET opened lower yesterday with the Dow Jones index falling 6.26 points to 3,229.65 in the first five minutes of trading.
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    • 22 1 LONDON share prices were lower yesterday morning. At 1200 GMT, the FTSE 100 index was down 7.3 points at 2,468.7.
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    • 43 1 SINGAPORE Automotive Engineering Ltd (SAE) posted a 74 per cent increase in group net earnings to $6.14 million for 1991, surpassing its minimum forecast when it sold a 30 per cent stake to the public last September Page 5
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    • 44 1 THE Guthrie group has a difficult task. In its bid to acquire a majority stake in its associate company, L&M Group Investments Ltd, Guthrie has to convince L&M's chairman and his core team that the takeover is not hostile Page 5
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    • 26 1 NEW ZEALAND-based Brierley Investments Ltd will float 30 per cent of the shares in its wholly-owned subsidiary, Enerco New Zealand. Page 6
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    • 22 1 SHINAWATRA Computers Communications Group is tapping the offshore capital markets for a US$2O million (5533.4 million) loan. Page 7
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    • Article, Illustration
      30 1 Monday Change BT-MGA 695.97 -6.74 Kuala Lumpur ....591.74 -3.48 Tokyo 19,837.16 -618.90 Hongkong 5,059.86 -11.33 Svrim»v I 7 -1.7 Friday Change New York 3,235.91 +27.28 London 2,476.0 -17.3
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    • 29 1 London Gold AM fix USS346.75 -US$0.50 Exchange rates USS SS 1.6725 100 Yen SS 1.2430 MS SS 0.6489 Money market rates Overnight 3 +1/16 3-month 3 3/8% +1/16
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    • 31 1 Rubber S'pore Apr 137.50*/kg +0.50 M'sia Apr..... 211 00«/kg +0.50 KL Tin Turnover 83 tonnes +26 Spot MSI4.08/kg -0.02 Crude palm oil Turnover 1,676 lots -966 Apr MS940 /tonne unch
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  • 407 1  -  $125 m loan raised by PT Batamindo By Magdalene Ng SINGAPORE The Monetary Authority of Singapore has approved the first ever Singapore-dollar loan for a foreign project. The $125-million, fiveyear term loan was raised by PT Batamindo Investment Corporation, the joint venture
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  • 554 1  -  By S N Vasuki SINGAPORE Tokyo's mighty Nikkei stock index stumbled below the 20,000level for the first time in five years yesterday, renewing nightmares over a possible crash and sending jitters through Asian bourses. In nervous response, Singapore's Straits Times Industrials
    Source: Telerate  -  554 words
  • 536 1  -  By Teh Hooi Ling SINGAPORE Francis Tan doesn't believe that fools rush in where angels fear to tread. On the the contrary, his strategy for Yashimi Supplies is to venture into uncharted territory and reap the rewards for being the pioneer. And so
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  • 444 1  -  By S N Vasuki SINGAPORE Japan's Big Four stockbroking houses are among seven foreign broking firms granted international membership of the Stock Exchange of Singapore (SES). The SES said yesterday that Nomura Singapore, Nikko Merchant Bank (Singapore), Yamaichi Merchant
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  • Page 1 Advertisements
    • 155 1 Nikon The World s Finest Photographic System. Aircraft Schedule 29 KLSE 22 Work) News 9 Commodities 28 Money Changer Rates 29 For market indices editorial, Company News 5.6 Money Market 27 advertising and circulation exCryptic Crossword 29 Regional News 8 tensions, cal Business Times Financial News 7 SES 19-21 Information
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    • 118 1 Nikon The World s Finest Photographic System A better year for PC makers? After a rough 1991, Singapore personal computer makers hope 1992 will turn out better. This year, they anticipate growth in sales to Indonesia and Malaysia. Reports in Page 2: Yesterday in Parliament Reports in Page 3: S'pore-Japan
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  • PAGE 2 NEWS
    • 387 2  -  Reports by Joseph Rajendran SINGAPORE Local personal computer manufacturers, hit hard by lower margins and soft sales in 1991, say prices cannot be cut further, no matter what happens in the markets this year. Margins now average between 10 and 15
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    • 328 2 SINGAPORE Singapore personal computer manufacturers are confident they can lift exports to Indonesia, Malaysia and Thailand by up to 25 per cent this year. Total PC sales in the three countries in 1992 are expected to be 300,000, compared with about 225,000
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    • 284 2 SINGAPORE The former Soviet market no longer holds the promise it used to for Singapore personal computer makers. The shortage of hard currency and increased competition from new manufacturers based in Western Europe have led to a sharp drop in Singapore's PC
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    • 379 2  -  Pact allows for development of water resources By Genevieve Cua SINGAPORE The Public Utilities Board and the Salim group yesterday signed a joint-venture agreement to develop Bintan's water resources, bringing the promise of a steady water supply from Bintan to Singapore closer
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    • 273 2  -  By Dawn Tan SINGAPORE Indonesian tyre manufacturer PT Gadjah Tunggal is believed to be seeking funds in the offshore capital market, after an absence of nearly 10 years. The Indonesian conglomerate is understood to have commissioned Shroder International Merchant Bank Ltd
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  • Page 2 Advertisements
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  • YESTERDAY IN PARLIAMENT
    • 380 3 SINGAPORE-JAPAN ties are moving beyond purely economics to other areas of common interests, said ForI'gn Minister Wong Kan Seng yesterday. The two countries have been working together on Third Country Training Programmes for 17 countries, and there is also scope to cooperate in Indochina,
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    • 268 3 THE IDEA is to present Singapore to the world not purely in economic terms but as a cultured people with a soul, a sense of history, a sense of what it means to be upright citizens of the world. And in the long term, to create a network
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    • 233 3  -  Reports by Anna Teo,Claire Leow DETAILS on the statutory board to be set up to regulate privatised broadcasting will be ready in about the third quarter of the year, said Minister for Information and the Arts George Yeo yesterday. The
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    • 279 3 SINGAPORE has been invited to take part in the UN Transitional Authority in Cambodia and will send 75 police officers to join the peacekeeping forces. Foreign Minister Wong Kan Seng said yesterday the large deployment was a concrete show of Singapore's
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    • 320 3 SINGAPORE has just sent Malaysia another note about an early settlement of the Pedra Branca issue and is awaiting a reply. Foreign Minister Wong Kan Seng said that AttorneyGeneral Tan Boon Teik gave his Malaysian counterpart a memorandum a month ago setting out
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    • 172 3 THE Ministry of Community Development will set aside $138 million over the next three years to help voluntary welfare agencies, the Minister for Community Development and Health, Mr Yeo Cheow Tong, said yesterday. Of this amount, $75 million would be
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    • 288 3 THE Education Ministry has lifted the limit on the number of siblings who get priority to attend the same primary school. Previously, only three siblings got priority. But Education Minister Lee Yock Suan said yesterday that in line with the present population policy, all siblings would
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  • Page 3 Advertisements
    • 151 3 J- This announcement appears as a matter of record only I IS BANK RAKYAT INDONESIA W& llf p U5554,000,000 P 3 YEAR TERM LOAN 1 Arranger Agent '■m Standard fe Chartered Standard Chartered Merchant Bank Asia Limited Senior Managers The Arab Investment Company S.AA. The Bank of Nova Scotia Asia
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    • 160 3 Resort Living On Hie East Coast To many, experiencing the delights of the Riviera r TT~~ 1 HHPSHHIHiI I m is a fantasy. j! £m To some, however, it can m an everyday w H we captured the True to we offer condominium facilities 1^ .> as a clubhouse, swimming
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 92 4 SINGAPORE'S Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong will be a key speaker at an international economic forum to be held in Taipei from May 7 to 9. The conference, titled The Asian Regional Economy: Growing linkages. Global Implications, will
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      • 62 4 SINGAPORE Telecom has extended its electronic mail (E-mail) transfer service to include India, the UK and the US. Called Dateway 400, it enables companies to communicate with other firms here and abroad through their respective E-mail systems. The service, which is now available to nine countries,
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      • 66 4 A LEADING UK printing company, Domino Amjet Ltd, is opening up a branch office in Singapore this month to support existing distributors, investigate new opportunities and assemble parts of its printers. Domino Amjet is a unit of Domino Printing Sciences pic which makes and
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    • 385 4  -  By Quak Hiang Whai FINLAND-BASED Jaakko Poyry, one of the world's largest consulting engineering groups serving the forestbased industry, has set up its Asia-Pacific headquarters in Singapore. The Singapore subsidiary, Jaakko Poyry (Asia-Pacific) Pte Ltd, oversees the group's subsidiaries and offices
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    • 322 4  -  Firm also takes over Singapore Baggage Transport Agency Reports oy Hong Lee Tiam THE Japanese-controlled International Merchandise Mart (IMM) has acquired a substantial stake in sporting goods company World of Sports, while at the same time taking over the 30-year-old Singapore Baggage
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    • 292 4 YAOHAN intends to set up two more stores in Singapore a supermarket in Kovan Shopping Centre, off Upper Serangoon Road, and a Yaohan Best electrical shop in Ngee Ann City giving it a total of six by next year. After a
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    • 472 4  -  By! Sylvia Wong THE OWNER of a Meyer Place bungalow gazetted for conservation has finally received the go-ahead to develop the site after a 2'/2-year wrangle with the authorities. The redevelopment of the bungalow now belonging to Nest Development Pte Ltd is seen
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  • Page 4 Advertisements
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    • 203 4 A BIG investment and a tough business, penetrating foreign markets. And sometimes, a BAD investment when things don't go according to plan. There's a much simpler way the B.C.M.S. "TRADEPLAN" way. Specially designed to help locate your ideal local 'Trade Partners". Imagine what the right 'Trade Partner" could do for
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  • COMPANY NEWS 1
    • 419 5  -  Figure surpasses minimum forecast of $5.6 m By Dexter Lee SINGAPORE Singapore Automotive Engineering Ltd (SAE) posted a 74 per cent increase in group net earnings to $6.14 million for 1991, surpassing its minimum forecast when it sold a 30 per cent
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    • 403 5  -  By Sylvia Wong SINGAPORE The private Malaysian company of Parkway Holdings Ltd's chairman Tan Chin Nam is planning to build its first golf course at Sungei Buloh in Selangor, about 20 km outside Kuala Lumpur. Tan Tan Developments Sdn Bhd, of
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    • 262 5 SINGAPORE Lee Kim Tah Holdings Ltd (LKT) said it had originally planned to develop its Alexandra Road site itself but changed its mind later due to "prevailing market conditions and substantial funding required to proceed with the development." Lee Choi Seng, a
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    • 156 5 Bernama KUCHING Sarawak's first stockbroking firm, Sarawak Securities Sdn Bhd, which opened quietly yesterday, hopes to draw investors from Brunei to the Malaysian stock market. The firm will also be marketing its services to various agencies and companies in the state, a company
      Bernama  -  156 words
    • 740 5  -  THE HOCK LOCK SIEW COLUMN Getting the majority stake is only half the battle won By Alvin Tay SINGAPORE Hostile or friendly takeover? This question lingers on about the Guthrie group's bid to acquire a majority stake in its associate company, L&M Group Investments
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    • COMPANY BRIEFS
      • 73 6 AUCKLAND Writedowns totalling NZ539.98 million (5536.38 million) from Corporate Investments Ltd's property and tourism activities resulted in an overall loss of NZ532.45 million in the first half against a NZ$lO.l5 million profit last year. The company will discontinue all its property development activities and
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      • 61 6 LONDON Carlton Communications pic received 95.25 per cent in acceptances for Pickwick Group pic by 1500 GMT on Friday, financial adviser Hambros Bank Ltd said. The offer period has been extended until April 3, 1500 GMT. Media group Carlton offered 100 new Carlton shares for every 232
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      • 66 6 TOKYO Sanyo Electric Co Ltd said it has developed the world's first superconducting transistor, with the potential to realise massive increases in processing speeds for integrated circuits. The transistor has a theoretical speed 10 times that of existing semiconductor transistors, and consumes a hundredth as much electricity,
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      • 55 6 LONDON BTR pic said it had agreed to sell its Rockware Printing Division of the Rockware Group pic to Bowater pic for £15.25 million (5542.7 million). It said Rockware Printing, including Ken Stokes Limited, complements Bowater's Standard Check Book Company, a major UK producer of
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    • 435 6  -  From Florence Chong in SYDNEY HONGKONG-BASED Arral Group, which was involved in Australia's largest realestate deal in 1988, paid about As3o million (5537.2 million) last week for Australia's best-known property maintenance company, Programmed Maintenance Services. Anil Thadani, Arral's managing director, told BT that he
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    • 383 6  -  By Schutz Lee SINGAPORE New Zea-land-based Brierley Investments Ltd yesterday announced it will float 30 per cent of the shares in its whol-ly-owned subsidiary, Enerco New Zealand. Enerco, formerly known as Welgas Holding Ltd, owns and operates Auckland Gas Company Ltd, East
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    • 316 6 HONGKONG The launch of GT Management's Shenzhen and China Fund makes it the first unit trust to invest in 'B' shares on the Shenzhen Stock Exchange, the Sunday Morning Post reported. Shares in the US$4O million (5565.6 million)
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    • 356 6 Reuter KUALA LUMPUR Malaysia's national car plant, once sputtering along with poor sales and heavy debts, is shifting to high gear with a new model, ambitious investments and a public listing, its managing director said. Perusahaan Otomobil Nasional Bhd (Proton) will launch
      Reuter  -  356 words
    • 260 6 AFP HONGKONG Hongkong's leading toy company Playmates International Holdings suffered a 24.3 per cent cut in profits last year, the toymaker announced here yesterday. Playmates, makers of the hugely successful Teenage Mutant Ninja Turtles range, attributed the drop in profits to
      AFP  -  260 words
    • 248 6 Agencies MANILA The Philippines' biggest gold producer Benguet Corp, which suffered a sharp drop in net profit last year, sees 1992 a better year for the company. Benguet posted net profit of 91.1 million pesos (555.64 million) in 1991, a 64 per cent
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    • 368 6 Reuter NEW YORK International Business Machines Corp, in a sign of its shrinking emphasis on mainframes, is bringing out advanced personal computer servers capable of tasks once reserved only for larger systems. The Armonk, NY-based computer maker declined to comment, citing its policy
      Reuter  -  368 words
  • Page 5 Advertisements
    • 169 5 H i i %i 11Ar j jpHr .g /1/ K. JgL*^fl§HMQiiHiK&39S HHfIFWUg I£**§ I V i BS IRiiJK%^n Wfl fl 833 ■■jjr^^^ -:i Grand Hyatt Jakarta Now there's a hotel in Jakarta offering a style and service that the city has been waiting for. Located in the hean of Jakarta's
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  • Page 6 Advertisements
    • 705 6 A OIL&MONEY: J ASIA THE PACIFIC SINGAPORE, MAY 11-12, 1992 The 4th annual conference co-sponsored by the International Herald Tribune and The Oil Daily MAY 11 MAY 12 0915 CHAIRMEN'S WELCOME REMARKS AND OVERVIEW 08 45 SPECIAL ADORESS Marshall Thomaa, Editor Publisher. The Oil Daily, Washington Eaam Trabulal, President CEO.
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  • FINANCIAL NEWS
    • 357 7  -  By Dawn Tan SINGAPORE Shinawatra Computers Communications Group, a fast-expanding telecommunications and broadcasting concern, has become the third Thai company in less than a week to tap the offshore capital markets. Shinawatra awarded a US$2O million (5533.4 million) working capital facility mandate to
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    • 318 7 Reuter LONDON Lloyd's of London has reminded individuals who back its risks that they must meet cash calls from their syndicates or face a drawdown within 30 days on deposits lodged with the insurance market. A spokesman for Lloyd's said letters dated
      Reuter  -  318 words
    • 259 7 Reuter LONDON A banking syndicate including Standard Chartered pic and Bank of Scotland could lose millions of pounds after the UK Gaming Board last week refused new licences to casinos run by London Clubs International, newspapers reported on Sunday.
      Reuter  -  259 words
    • 264 7  -  By Quak Hiang Whai SINGAPORE Banco Nacional de Mexico (Banamex), Mexico's largest bank, will close its regional office in Singapore at the end of the month in line with its global rationalisation. Dickon Westmorland, Banamex's regional representative, said the bank decided to close
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    • 190 7 SINGAPORE Members of the Singapore International Monetary Exchange (Simex) will be given a 10 per cent concessionary tax rate on income from margin deposits held for non-residents from the year of assessment 1993. The move, which comes on the heels of a 10 per
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    • SMALL CHANGE
      • 73 7 SINGAPORE Bank Rakyat Indonesia has tapped the offshore capital market for a US$54 million (Ss9o million) three-year loan. Proceeds will be used to refinance an existing facility which matures this month. The loan was arranged and managed by Standard Chartered Merchant Bank Asia. Some
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      • 89 7 HONGKONG Locally listed Hang Lung Development Co has attracted nearly HK$l billion (SS2I6 million) in lending commitments from a syndicate of 16 banks and will decide tomorrow how much to borrow, banking sources said yesterday. The three-year facility is divided equally between a term loan
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      • 88 7 TOKYO Sumitomo Trust Banking Co Ltd will assist in the restructuring of debt-laden Japanese non-bank financial institution Nippon Mortgage Co Ltd starting on April 1, a Sumitomo Trust spokesman said yesterday. Nippon Mortgage has debts of about 630 billion yen (SS7.B billion) and is behind in
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      • 99 7 LONDON Royal Bank of Scotland pic does not expect to sell its Charterhouse merchant banking arm to a UK buyer, The Observer newspaper said on Sunday. Royal Bank said last month it was exploring a sale of all or part of Charterhouse and had decided that the
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      • 84 7 AL-KHOBAR, Saudi Arabia Prince al-Walid Bin Talal, chairman of United Saudi Commercial Bank, has boosted his stake to 35 per cent with the purchase of 127,000 shares from another Saudi shareholder, market sources said on Sunday. The prince, a nephew of King Fahd's who
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      • 65 7 NEW YORK Chemical Banking Corp said last week that it had acquired all of Central Federal Savings Bank's insured deposits from the US Resolution Trust Corp. The RTC said it received a US$3.6 million (Ss6 million) premium in the deal. Chemical said Central Federal, which operated 12
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  • Page 7 Advertisements
    • 181 7 rolex^^T^ masters f|| |jjp||! t W" 15 "Jp i p y? top Ej. igjfcS^^** j£^a9HJHSfi^-- r 7 -JSEp^- -vs* l ;^3': £&F This week is an occasion of particular interest. The oppor- place in this most prestigious local tournament. /^^(■■■MMpS^ i^: l^ tunity to walk the fairways and read the
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  • THE REGION
    • NOTE BOOK
      • 93 8 BANGKOK Thailand's industrial output growth rose to a preliminary 7.7 per cent year-on-year in February against 7.3 per cent in January and 13.3 per cent a year ago, the Bank of Thailand said. It said the February expansion was led by growth in
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      • 88 8 SINGAPORE US ambassadors to the six Asean nations head home this week to promote American exports to the Asean region. President George Bush announced the trade mission in January during a visit to Singapore. The Asean nations of Indonesia, Thailand, Malaysia, Singapore, the Philippines
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      • 89 8 KUALA LUMPUR Malaysia hopes Vietnam will import more of its palm oil and its products following the expected increase in the republic's market requirements for more than 300,000 tonnes of oils and fats by 1995, says Primary Industries Minister Datuk Seri Dr Lim Keng
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      • 109 8 TAIPING, Malaysia Nakao Kadoishi, the president-cum-managing director of Sanyo Industries (Malaysia) Bhd, yesterday described the Perak government's decision to build an air strip on Pulau Pangkor as a viable and timely move. Construction work on the M 56.5 million (554.24 million) facility, which began
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    • 453 8 Reuter WELLINGTON Government officials and private forecasters are agreed that New Zealand is on the road to recovery after five years of economic gloom but they differ on how straight or bumpy the road will be. Reserve Bank governor Don
      Reuter  -  453 words
    • 255 8 MBT KUALA LUMPUR The rapid development of the Malaysian furniture industry is expected to push export sales beyond Ms6oo million (*****.2 million) the revised Industrial Master Plan (IMP) target by 1995. Primary Industries Ministry Secretary-General Tan Sri Wong Kum Choon said
      MBT  -  255 words
    • 363 8 AFP PHNOM PENH Cambodia's Supreme National Council (SNC) met yesterday for the First time under supervision of the United Nations peacekeeping mission amid concerns that it is impotent. The SNC was missing two of its most important members, Khmer Rouge
      AFP  -  363 words
    • 362 8 AFP HONGKONG The colony's economic and political risks are at their lowest point since early 1989, a private think-tank has said in its latest report, citing closer links with China. "The benefits Hongkong is reaping from its expanding economic links with
      AFP  -  362 words
    • 362 8 AFP TEKNAF, Bangladesh Dhaka has launched a massive refugee relief mission, "Operation Hope", to help the thousands of Myanmar Muslims fleeing persecution at the hands of Yangon's troops. Operation Hope is a large-scale programme launched by the Bangladesh government in cooperation with international
      AFP  -  362 words
    • 703 8 UPI COLOMBO A decade of civil war has tarnished Sri Lanka's image as an exotic, tea-growing island paradise, replacing it with stark pictures of bomb-shattered markets and corpses burning on the roadside. While the gruesome images have not been entirely erased and the
      UPI  -  703 words
  • Page 8 Advertisements
    • 293 8 E_ 111 .S. Foreign Commercial Service invites you to an Open House view New U.S. Medical, Computer and Software products featured in our upcoming atchmaker 92" Trade Mission The Matchmaker is being organized by the U.S. Department of Commerce, Washington, D.C., and the U.S. Foreign Commercial Service, American Embassy Singapore,
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    • 3 8 Editorial, pg 10
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  • THE WORLD
    • 462 9 Reuter WASHINGTON Will the budding US economic recovery bloom in time to brighten President Bush's re-election prospects? Economists answer this question, like many others, with a maybe. A flurry of positive economic indicators last week brought smiles to some faces in
      Reuter  -  462 words
    • 199 9 Reuter TOKYO The industrial base of the United States has been revolutionised over the past decade, laying the basis for the nation to reclaim its competitive edge, the chairman of the US Export-Import Bank (Exim) said. John Macomber told
      Reuter  -  199 words
    • 362 9 Reuter VILNIUS Lithuania is relaxing its investment laws to lure reticent Western investors to the newly-indepen-dent Baltic state. Vytenis Aleskaitis, Minister of International Economic Relations, said last week that Western investment since Lithuania broke free of the Soviet Union last year had
      Reuter  -  362 words
    • 502 9 Independence has brought spiralling food prices and ethnic clashes Reuter KISHINYOV, Moldova Good times are still eluding tiny Moldova, despite high hopes when it declared independence from Moscow last year. "These are very hard and burdensome times. The weight of each decision is great. There
      Reuter; Sources: IMF, IBRD, OECD, EBRD, BBC, Economist and Europa Yearbook  -  502 words
    • 255 9 AFP TOKYO Japan should act in a proper and timely fashion to keep the current economic adjustment phase from becoming too severe, Economic Planning Agency (EPA) Minister Takeshi Noda told the Upper House Budget committee yesterday. Although Japan's economy is now in an
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    • 386 9 Danes disagree on measurement of pipe tobacco IHT BRUSSELS Sweeping EC rules on tobacco and petroleum taxes are snagged over half a millimetre of pipe tobacco and Danish ingenuity in skirting the country's steep taxes. Because pipe tobacco is generally smoked by
      IHT  -  386 words
    • 397 9 AP JOHANNESBURG, South Africa Analysts say 55 per cent of voters will back the abolition of apartheid in a whites-only referendum today but that the support may be slipping. Black factional violence is one reason the support may be
      AP  -  397 words
    • WORLD WATCH
      • 108 9 TOKYO The number of bankruptcies in Japan in February swelled 56.2 per cent from a year earlier while the liabilities of collapsed companies jumped 38.9 per cent, a credit research company said yesterday. Teikoku Data Bank Ltd also said that the liabilities of bankrupt companies
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      • 90 9 TAIPEI Taiwan, fearing a flood of low-priced Chinese goods into its markets, is tightening controls on imports from China, officials said. Taipei will impose strict checks on the origin of goods shipped from Hongkong and Macau to prevent finished products and other banned Chinese goods
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      • 66 9 ISLAMABAD Pakistan partly raised the veil on its nuclear weapons programme during the weekend, acknowledging it had a nuclear capability but maintaining it was for peaceful purposes only. Defence Minister Ghous Ali Shah said on Sunday that Pakistan had been compelled to go nuclear because of
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      • 87 9 BEIJING Russian Foreign Minister Andrei Kozyrev arrived here yesterday, the second member of the Moscow government to visit China this month. Mr Kozyrev was due to spend two days in Beijing on the first leg of a tour taking him to South Korea and Japan,
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    • 360 9 Reuter KINGSTON, Jamaica Jamaican Prime Minister Michael Manley said he will resign on March 28 because of poor health, ending a family political dynasty that had led the Caribbean island to independence. Mr Manley, 67, announced his decision in a nationwide radio
      Reuter  -  360 words
  • Page 9 Advertisements
    • 247 9 S African prices steady ahead of referendum, Pg 28 Bottom Line, Back Page I! Hainan Expo 1992 Venue The Amara Hotel, 3rd Floor Exhibition Hall Date 17th March 1992 (11.00 am 6pm) 18th 20th March 1992 9.30 am 6pm) 21st March 1992 9.30 am Ipm) Organiser Trade Department of Hainan
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  • 424 10 EDITORIAL THE TRICKLE is turning into a flood. More than 150,000 Rohingyas Muslim citizens of Myanmar have left their homes for an uncertain future in impoverished Bangladesh. Predictably, Myanmar junta officials have denied charges that the Rohingyas are fleeing a terror campaign, as the refugees allege. Individually,
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  • WHAT THE OTHERS SAY
    • 281 10 THE RECENT BLACKOUT on the 1991 'A' level results imposed by the junior colleges has naturally led to some unhappiness and bewilderment. To many it will seem a rather impractical and puzzling action. The reason given by the principals was that last year's ranking by
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    • 78 10 THE RECENT Budget debate has focused on the importance of the national reserves and budget surplus. As Singapore enters the phase of developed country status, the debate on national reserves will continue to take the limelight. The people should be able to understand the gist of
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    • 149 10 IT IS generally believed that the private sector is nowhere comparable to the government in running an open university. The government has said that the open university will be delayed by a year, to allow it time to look for a suitable private organisation to manage
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  • REGIONAL VIEWPOINTS
    • 131 10 WELL OVER A YEAR since the end of Desert Storm, it seems from the Western point of view, the American viewpoint in particular that as time goes by, the list of things that should, but have not been, done continues to grow. Having always taken the
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    • 148 10 IN RECENT YEARS, the provincial administration in conjunction with the Tourism Authority of Thailand has capitalised on its past history to attract ever more visitors. The memory of World War II is kept alive through annual light and sound festivals at the "Death Railway" which
      148 words
    • 222 10 ALL ALONE, the Group of Seven richest countries have been going along with the US in the most part in dealing with the rest of the world. The other six members, however, are now seeing the tables being turned against them by Washington. The US first
      222 words
  • 824 10  -  Jackie Sam reports on attempts being made to change the rules by anti-liberal losers in last September's elections in Hongkong Jackie Sam The writer is a Hongkongbased political consultant who contributes to BT AN UNUSUAL alliance of normally antagonistic political groups is trying to
    824 words
  • Page 10 Advertisements
    • 249 10 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 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
      249 words
  • Page 10 Miscellaneous
    • 45 10 DOONESBURY BY GARRY TRUDEAU RAY, YOUPtMCMBtR WFfim?MIK3POCN&- 11 H5N££P5 50Me /l YOU&JTMi 1 dUSH? OH.SU&ITHE BUM* weewuzsma? GUTS ujar vers —<- HVOMMTK CPOR] OURFORMCR OLPHMUWS WnHtNNUUWKK? H£ TOGOOfICAMm P"V 1 THAT*WtVBt mun? CMWAHKR- AUWSPOSW urnnueioMAKaeoMt ii! j anptrashrot Wm mngthem y, J iN-cwef? mth »iw«- mmamH
      45 words

  • ANALYSIS
    • 1035 11  -  George Hicks says the Japanese tragedy is that the country cannot be accepted as a full member of the civilised world George Hicks The writer, who lives in Hongkong, is preparing a book on the Korean comfort girls' IN OUR brave new
      1,035 words
    • 1565 11  -  BT's Sydney correspondent, Florence Chong, says the breaking of the drought brings good news not just to Aussie farmers but to the whole country Florence Chong, THE RAINS came in the past month. Rural Australia sighed with huge relief the worst drought in
      Source: Australian Bureau of Agricultural and Resource Economics  -  1,565 words
    • 796 11  -  Steve Lohr reports on the challenges and opportunities in the Russian contract for Goldman, Sachs Co Steve Lohr NYT WILLIAM CROWLEY, a corporate finance specialist for Goldman. Sachs Co in London, is scouring the globe on behalf of a big client with vast resources,
      NYT  -  796 words
  • Page 11 Advertisements
    • 50 11 I hama Photo* Video I German Design Quality I (Monday to Saturday: 9 am 5.30 pm) I Ragardlass from \nQ of brand, I T UJ model or I mm HAMA CENTRE I GRAND SALES\ 26 1 Waterloo Street, Waterloo Centre, #03-28 Singapore 0718. I accessories (Availabte at ad Photo Dealers)
      50 words

  • Page 12 Advertisements
    • 926 12 Nothing Beats A Bud. where to wine, dine or HONG KONG FOOD FESTIVAL Prom 16 31 March. Cafe Plaza brings you tantalising temptations from Hong Kong, or Fragrant Harbour. Come for an authentic Cantonese dining experience today. Adult: $16 (lunch) $18*+ (dinner) Child: $10 (lunch dinner) e rv. Plaza Hotel
      926 words
    • 265 12 We ve just bred a new winner at The Stables The Businessmen's Derby Lunch t*Yf A delectable choice of appetisers and soup. followed closely by your pick from five delightful vp main dishes and a selection of desserts Finish V* with coffee or tea Only $28.00+ Closed for lunch on
      265 words
  • Page 12 Miscellaneous
    • 654 12 TELEVISION AND RADIO ***** iSRTt-.. 5,,0, SSMi BUSINESS ON RADIO jviiicr on iiic ro<iQ i.*> c NiL) is^rn.,*> ss*- 8.30 Close. 9.45 Feature Special —To Catch 730 7.05 am, 5.05pm, 1.05 am: World HBIIMII'MRISH —imr -V 'Ajg- flMj 125 PM Opening. a Killer (Part 1, Stereo, Sec 800 NewsiM| Business
      654 words

  • LIFESTYLE
    • 1233 13  -  Gennady Vassiliev and Steve Small report on the search for the grave of the last Russian czar, Nicholas II Gennady Vassiliev,Steve Small NYT Sinking knee-deep in the snow, we came to a forest meadow and looked upon three crude wooden crosses. The birch woods in the vicinity
      NYT  -  1,233 words
    • 700 13 chatterbox!! ANOTHER gospel of American life is travelling to Russia: the principles of physical fitness. Marat Volkov, manager of the fitness centre at the Radisson Slavyanskaya Hotel and Business Centre in Moscow, returned home on Saturday after a month of touring American health clubs, and he
      700 words
    • 887 13  -  Andrew Marton reports that frugality marks this year's approach to partying, Hollywood style Andrew Marton NYT USUALLY, the Academy Awards ceremony is Hollywood's chance to pat itself on its collective back, to thank everyone from producer to therapist, and to throw a very
      NYT  -  887 words
  • Page 13 Advertisements
    • 172 13 AND ENTERTAIN Qhßhp A buffet of perennial favourites with a different selection everyday... Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Mexican Specialities Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at $19.50+ per person. An a la carte menu is also available.
      172 words
    • 82 13 4==p^==l. lAb&4te%lS6an6> 1! Set TfCwct (For 10 1 mi&r 1 Harbequed Poking Duck vinrfi Conylim>nlary Birthday Cake (Booking 24 Hrtw «Mnt»| 1 Lobster Salad with Fresh Fruit Red Fish w/Soya Bean Crumb JS Shark sFn wfShredded CMh Bean Curd in Surfng Plate Hj 'IB Abalone Sea Cucumber Fred Prawns wfOrcd
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  • Page 14 Advertisements
    • 146 14 *s&s ■:W**Wp'><' <•' "'v:, ft**£&■&'•**: -O V* v;& l'*- JK*xW&*. Most Airlines Go To The Local Wine Dealer For Their Pick-Me-Up Drinks. We Go To The Remote Island Of Kanghwa. I Champagne, red wine or white? Most airlines can't offer you veiy much else when your body aches for a
      146 words

  • FOCUS
    • 1212 15  -  Chief Robert Louis-Dreyfus has successfully prevented Saatchi's financial collapse. Now the marketing Service group is going through another difficult phase the return to former glories. Gary Mead reports Gary Mead FT IN JANUARY 1990, the unthinkable happened in the advertising world. Mr Charles and Mr Maurice
      FT; Source: Datastream  -  1,212 words
  • Page 15 Advertisements
    • 301 15 All about Windows. 1 /L Learn how to get the most out of Windows. In a special 1 m* workshop held for the first time in South East Asia. I |i|] s Microsoft CCS i ksj j Jointly organised by Microsoft Singapore Pte Ltd and Centre for Computer Studies, Ngee
      301 words

  • INNOVATION & TECHNOLOGY 1
    • 700 16  -  Mango ice cream without the mango, anyone? Aroma Biotech is planning to do just that. Joseph Rajendran checks it out Joseph Rajendran ACOCONUT-fla-voured cake without using a single drop of coconut juice or whipping up mangoflavoured ice-cream even when the mango season
      700 words
    • 239 16 APPLE Computer Singapore is using a locally-developed software system to control the movement of its raw materials stock. Dubbed Mac AS/RS (Automated Storage and Retrieval System), it has helped Apple to speed up its materials handling and increase its production capacity by more than 30
      239 words
    • 1153 17 The day of a supercomputer on your desktop draws nigh FT ANEW generation of microprocessors that promises to improve the speed and performance of computers was unveiled in San Francisco recently. Digital Equipment, Hew-lett-Packard and Sun Microsystems each described "superscalar" devices upon which they
      FT  -  1,153 words
    • TECH TAKES
      • 143 17 BONN Electronics giant Siemens of Germany has developed a writing telephone which will give deaf people even greater help. According to the German Inter Nationes Press, the new Multikom script will enable people with hearing defect to communicate with others via the telephone. The
        143 words
      • 155 17 SINGAPORE GES Singapore, a local maker of personal computers, has launched a keyboard-sized computer called the Datamini PLUSflex for the retail and networking markets. The Datamini PLUSflex, designed and made here, weighs just over three kilogrammes. GES will market the PC through Singapore Computer Systems for
        155 words
      • 85 17 SINGAPORE CSA Research, part of publicly-listed CSA Holdings, has released a new personal computer-based CASE (Computer Aided Software Engineering) tool set, called POSE (Picture Oriented Software Engineering) 4.3. POSE 4.3 is a multi-user/multi-project front-end CASE tool that enables users to run the entire suite of 10
        85 words
      • 101 17 SINGAPORE In last week's Innovation and Technology page, we carried a package of articles on Singapore's research and development, with data culled from the National Science and Technology Board newsletter. The board has clarified that R&D yearly expenditure by each research scientist and engineer (RSE) was
        101 words
  • Page 16 Advertisements
    • 213 16 Hg» ni THE NEW CROWN. Introducing the all-improved new Crown. The Crown has always been an exceptional car for exceptional men. And the all-improved new Crown goes even further in being an exceptional statement of Success. With its modern and refined good looks. No wonder those CEOs who give it
      213 words
    • 172 16 Dale Carnegie Training* develop* personal abilities that can be your greatest strength in meeting the challenges of everyday living. Yoji learn to understand how people are motivated, how to present your idas more effectively and persuasively, how to get along better with business associates, your family, and friends. Life takes
      172 words

  • Page 17 Advertisements
    • 157 17 WHO FLIES TO AND FROM 11 EUROPEAN CITIES 52 TIMES A WEEK? THAI. YOU CAN DEPEND ON US. Every week, regular as clockwork, Thai takes off from Changi standards in air travel. From the scrupulous attenion to detail of So if you're flying to Europe, check out Thai. Then bound
      157 words

  • SPORTS
    • SIDE LINES
      • 80 18 PANORAMA, British Columbia Frenchwoman Carole Merle beat local favourite Kerrin Lee-Gartner of Canada by ;32 hundredths of a second to win Sunday's super-giant slalom and tie a World Cup record. Merle completed the 1,984-metre course flagged by 41 gates on a rock-hard surface
        80 words
      • 83 18 |SAN ANTONIO Lee Trevino shot a 5-under-par 67 on ;Sunday to beat Chi Chi Rodriquez by two strokes and repeat as champion of the US$4OO,OOO Vantage at The Dominion Senior PGA golf tournament. Trevino completed three rounds in 201, 15 under par for the 6,814-yard Dominion
        83 words
      • 90 18 BARCELONA Prince Felipe of Spain won the Soling class of the Spanish Cup Olympic sailing trials on Sunday to become the third member of his family to qualify for an Olympic Games. Felipe's father, King Juan Carlos I, sailed in the 1972 Summer Olympics in Munich, and
        90 words
      • 77 18 BARCELONA International Olympic Committee president Juan Antonio Samaranch has announced he will run a leg of the torch relay in Spain prior to this summer's Olympic Games. Samaranch, 72, said he would run an unspecified portion of the 4,700-km relay together with a group of
        77 words
    • 403 18 America's Cup AP SAN DIEGO As if to say, "No worries, mate, we'll be back," the crew aboard Spirit of Australia personified the yacht's name in a hardfought 1-minute, 15-second loss on Sunday to U Moro di Venezia of Itay. The race typified all
      AP  -  403 words
    • 446 18 Reuter KEY BISCAYNE, Florida Boris Becker and Jimmy Connors both came close to elimination but fought off dangerous opponents to win second-round matches at the US$2.B million Lipton International Players Championships on Sunday. Becker, seeded third, fought back from a one-set deficit to oust unseeded
      Reuter  -  446 words
    • 265 18 SINGAPORE The third Epson Singapore Super Tennis Tournament at the end of this month will boast a few firsts. There will be ball-girls in attendence for the First time in a tournament here, and this year's event is three weeks earlier than usual, its
      265 words
  • Page 18 Advertisements
    • 84 18 II m IM I A 1 JI I A I J I MI m I SeetopV /s mens tennis at:JSyk Kallang I South-east Asia's biggest professional tournament PRIZE MONEY OF $425,000 UP FOR GRABS! fIRV MARCH 30-APRIL 5 f MONDAY TO FRIDAY 4:00 PM SATURDAY SUNDAY 5:00 PM TICKETS ON
      84 words

  • Page 19 Advertisements
    • 128 19 I Shine I YOUR KEY TO BETTER BUSINESS DECISIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771 or on Teleview, which incidentally is the most advanced and company news. Tony Chia on 740
      128 words
  • 2710 19 RISES (S) Robinson 550 10 1.9% GPB SSI.60 440 +4 +0.9* Singmanne 50* 482 +6 1.3% FELS 50" 540 5 +0.9% UOB Foreign 685 5 +0.7% Centrepoint 50* 219 *3 1.4% Spore Land 500 2 0.4% Wearnes 356 2 +0.6% Chuan Hup 112 1 +0.9%
    2,710 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4334 20  -  Tokyo's sharp fall another reason for S'pore market's weakness By Carolyn Lim THE Nikkei Average's close at a fiveyear low and selective selling of Singapore blue chips depressed share prices on the local bourse yesterday. Singapore's benchmark Straits Times Industrials Index slid 16.42
      4,334 words

  • 3130 21 Landmarks Bhd 109 +9 +9.0% Choc Prod 50* 80 +4 +5.3% Golden Hope 137 +t +0.7% GIL USS0.I0 70V: +V 2 +0.7% Sn Hartamas 28'/? Vi +-1.8% Landmarks Bhd 109 +9.0% +9 Choc Prod 50 1 80 +5.3% +-4 Sri Hartamas 28V; 1.8% '/i GIL
    3,130 words
  • Page 21 Advertisements
    • 155 21 GROWTH TRIANGLE A special Business Times Survey April 15) 1992 It has been two years since the concept of a growth triangle linking Singapore, Johor and Batam was mooted. How far has development grown under the Growth Triangle? Will changing global economic and geopolitical trends affect the success of the
      155 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5077 22 Bernama THE lack of support and poor overseas leads took share prices in the Kuala Lumpur stock market to a sharply lower close yesterday in listless trading. The KLSE Composite Index at the close dropped 3.48 points to 591.74, the Industrial Index 13.38
      Bernama  -  5,077 words

  • BT SHARE INFORMATION SERVICE
    • 569 23 Company Rights Issue Manet Tech One-forone fe SI 00 per share Bolter Issue of $90 978m nominal amount ot 3 51 Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis ot 12 nominal amount of Bonds for every three existing shares held Every $2
      569 words
    • 881 23 *m M Last Fal 1m Precast Mi let IMPnCI EPS ■Hi Tear EPS Cms prelt N* N> Cam NtM Mjr (eta) (JIM) (eta) Sprnlari F Mar 12 Dec 91 126 10 0 44.641(f) 352-437 13.3—165 MC F Mar 12 Dec 91 2 3 7.041L (75)—(294) (0.7)—(29) Ml F
      881 words
    • 138 23 Mar 12 DBS Bank has bought a 10% stake comprising 7.46 million Wing Lung Bank's share at HKSSI each, worth HKs3Bo.7m. Imovest Bhd has sold a 23.5% stake in Inno-Pacific Holdings Ltd through its wholly-owned subsidiary, Hart Holdings Pte Ltd. Jack Chia-MPH Ltd is buying a tour-storey warehouse-cum-showroom
      138 words
    • 224 23 Company Date Half-yMr Group pre-tax Interim aim to profit/lo*s (L) dividend COOO) Boustead Mar 11 Oec 91 MJ27.134(|17.900) 7 5(5) Hume M Mar 10 Oec 91 MJ46 302(131.364) 5(5) H leong ind Mar 10 Dec 91 M$57.038($43.888) 6(6) First Capital Mar 6 Dec 91 S3.937(S170L) FAI Ins Mar
      224 words
    • 800 23 Current Ex Bocks Date Total tor Total tar payment data doto payable the year last yoar Asean Find US10C(b> Mar 10 Mar 20 Mar 30 US10C US10C Aymo 20c 125%TE Mar 3 Mar 13 May 15 175%TE 125%Tt BAT 21c 104 8% Apr 9 Apr 22 Apr 30
      800 words
    • 103 23 Company Date Yaar Croup Not Not earnings Cross aaa to profit/loss (L) par skaro dMdood ('MM) (coats) Van der Horst Mar 5 Sep 91 82.739(82,451) 4.7(4.2) 1(1) Pacific Can Mar 4 Sep 91 I106($1.450l) 0.2(-) Cerebos Feb 13 Sep 91 845,623j(838,911) 148(128) 236TE(30TE) KL Kepong Feb 13 Sep
      103 words
    • 1015 23 Mitari Last hi Tear Ummi taM Mi tar EPS 6m M mmmtd ml* (cts) *> praft Mjmt (STUD EMS Fmal Nov 6 W 91 3.0TE 17,8781 Mm Final Mar 12 Dec 91 69 9 25 0 26.196 Cf Ub Final Mar 14 Dec 91 75.6 200 36,724
      1,015 words
    • 447 23 Company Date Year Group pre-ta* Net earnings Cross mr to proftt/lMS (I) per share dividend (•000) (cents) City Dev Mar 13 Dec 91 S100.323(S85.064) 10.1(87) 15(15) H Negara Mar 13 Dec 91 $1.894($1.766) 10(7 3) 1(10) IntRoiler Mar 13 Oec 91 $2,032 ($2,668) 7(9) 6TE(10TE) Lien Hoe Mar
      447 words
    • 67 23 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (I OP) (ST) starts Certrepoint Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Mai Snn Hup* Apr 1 Apr 23 Apr 10 Apr 23
      67 words
    • 72 23 Certbos Pacific Ltd: 10th AGM at the Singapore Room, sth Floor, Hilton Hotel, 581 Orchard Road. Singapore 0923, on Wednesday. Mar 18, at 12 noon Sembawartf Shipyard: EGM at the Registered Office, Admiralty Road East Singapore 2775, on Wednesday, 18 March, at 9.30 am The Sungei Besi Mhes
      72 words
    • 163 23 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 ty: *****8 (21/2/92) 1992 l*c 1545.92 (27/1/92) 1992 tow: 1232.84 (2/1/92) 1992 tow *****5 (9/3/92) 1991 N(h: *****8 (3/6/91) 1991 h*r. 1565 58 (3/6/91) 1991 km: *****2 (16/1/91) 1991 tow: *****8 (16/1/91) 1990 high: *****3 (16/7/90) 1990 tifh: 1607.12 (27/3/90)
      163 words
    • 1062 23 Tram Registered Substantial Bay/ No. af Amount Shareholding Stock Data Holder SharefcoMor/Director Soil shares Before After DBS Land 11/03/92 Street Names DBS Bank S 3,000 6 806 286.705.000 *4 28 286 702.000 44 28 SPC 11/03/92 COP-DBS Nominees (Pte) Ltd Temasek Holdings (Pte) Ltd *S 14.000 40.131
      1,062 words
    • 259 23 Company Rights Issue COl Consotoation of every four shades of HKSO 25 into one Share of HKJ1 00 nominal amount Refits issue of five-for-eight fe HKSO 36 per share before consolidation Ex-date Mar 26 Books dose Mar 26 Acceptance Payment NYA MC8 HUp One-for ten fe MSI 10
      259 words
    • 365 23 Copyright© 1991 Morgan Stanley Capital International In local curr la S$ In US$ dv yr dy yr *4j J* Vlnr 12 Index chy chge d»ge chy ci*e c%t World 392.4 -0.4 -3.9 -0.4 -4.8 -0.7 -8.2 fEAFE 478.5 -0.7 -4.7 -0.7 -8.3 -1.0 -11.5 Europe
      Copyright© 1991 Morgan Stanley Capital International  -  365 words
  • Page 23 Advertisements

  • STOCK EXCHANGE OF THAILAND
    • 2206 24 Reuter SHARE prices in Bangkok closed sharply lower yesterday as nervousness about this Sunday's general election caused investors to sell major issues, which led to falls across the board. "People prefer to wait and see as the election day is coming, but
      Reuter  -  2,206 words
  • JAKARTA STOCK EXCHANGE
    • 1191 24 JAKARTA stock trading was fairly active yesterday but the official index fell 1.71 points to 280.61. Brokers said prices, however, ended mixed, with turnover rising to 5.90 million shares from Friday's 2.84 million. They said buying orders were limited only to a handful
      1,191 words
  • Page 24 Advertisements
    • 10 24 MANAGERS MUST MANAGE BT shows you how MANAGEMENT Every Monday
      10 words
    • 84 24 THE WINNING TEAM j^g^^^mWEEKENDeast CLASSIFIEDS! Call *****46/*****52 MODERN OFFICE The StraitsTlmes (April 6,1992) Nov/s your chance to advertise in a special feature that will enhance your products or services...and to reochotf to your target audience effectively. Our feature on MODERN OFFICE is geared to attract a large number of readers
      84 words

  • TOKYO STOCK EXCHANGE
    • 2544 25 Reuter TOKYO stocks plunged yesterday and the Nikkei closed at its lowest level since February, 1987, in thin turnover. Brokers said that selling linked to tokkin trust funds closing books ahead of fiscal year-end hammered prices. "Nobody's stepping in to bat, though plenty
      Reuter  -  2,544 words
  • STOCK EXCHANGE OF HONGKONG
    • 2645 25 Reuter HONGKONG stocks closed lower yesterday on bouts of profit-taking after the market's initial promise petered out by midday. The blue-chip Hang Seng Index closed down 11.33 points to 5,059.86, against Friday's record close of 5,071.19. The broader Hongkong index fell 7.16 points at
      Reuter  -  2,645 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2260 26 Reuter SHARP falls in Japan unnerved the Australian stock market yesterday, which closed weaker after a healthy start reflecting improvements on Wall Street. The All Ordinaries index closed down 1.7 points at 1,586.7. The leading indicator eased off a morning high of
      Reuter  -  2,260 words
  • REGIONAL STOCK MARKETS
    • Manila stocks end lower as PNB offer opens
      • 53 26 INDICES TURNOVER Close Preview Mar 17 NEW ZEALAND NZSE-40 Capital 1.438.18 1.451.39 6.80 MANILA Composite Index 1.106 61 1.122.63 -16.02 Turnover (million) 655.8 485.30 170.5 TAIPEI Weighted Pnce Index 5.012 96 5.030 63 -16.65 Turnover (NTS billion) 26.45 25.8 +0.65 SEOUL Composite Stock Index 608.36 609.45 -1.09 Turnover (billion won)
        53 words
      • 545 26 SHARE prices slipped in slow trading yesterday, marked by wary reactions to blue chip Philippine National Bank's additional share offer, brokers said. Manila's composite index closed 16.02 points lower at 1,106.61, just above the support level at 1,100. Brokers said the offer of 10.4 million PNB shares, launched yesterday,
        545 words
      • 821 26 SEOUL shares fell for the third consecutive session yesterday in very weak trading as tight liquidity concerns worried investors, brokers said. "The index drifted lower today in very low volume. Small and medium sized firms suffered losses due to liquidity concerns," John Wadle at Barclays de Zoete Wedd said.
        821 words
      • 547 26 TAIWAN stocks closed moderately lower yesterday on concern about a dispute between the liberal and conservative wings of the ruling Nationalist Party over political reform, brokers said. The weighted index ended 16.65 points lower at 5,012.96, after falling briefly below the 5,000 point level. Turnover was a thin NT526.45
        547 words
      • 305 26 LATE gains by Fletcher Challenge and Telecom helped propel New Zealand share prices higher yesterday at the close after being flat throughout most of the day. The NZSE-40 capital index ended 6.80 points higher at 1,458.18 on turnover worth about NZ$l3.l million. Telecom gained five cents to NZ52.36
        305 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 344 27 Reuter BUDAPEST Hungary's central bank yesterday devalued the forint against convertible currencies by more than one per cent. From a domestic standpoint, the devaluation totalled 1.9 per cent. An exact international calculation was not readily available. The move, reported by the Hungarian
      Reuter  -  344 words
    • 703 27 Reuter ISTANBUL "I buy quarters, six and a half," roared Turkish currency dealer Adnan Kapikaya yesterday, thrusting into a maze of streets in Istanbul's ancient Covered Bazaar. Mr Kapikaya, 21, was soon surrounded by fellowdealers with mobile telephones, wondering if his offer
      Reuter  -  703 words
    • 377 27 Cross rates Mar 16 USS SS MS Dm Yen SFr AS NZS USS 1.6700 2.5730 1.6710 133.70 0.5855 1.5120 1.3245 1.8282 SS 0.5988 1.5407 1.0006 80.0599 0.3506 0.9054 0.7931 1.0947 MS 0.3887 0.65 0.6494 51.9627 0.2275 0.5876 0.5148 0.7105 Dm 0.5984 0.9994 1.5398 80.01 0.3504 0.9048 0.7926
      377 words
    • 535 27 Interbank rates SS Bid Offer Overnight 3 3 1/8 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: 3-3/16 USS Bid Offer 7 days 4 1/8 4 1/4 1 month 4 5/16 4 7/16 2 months 4 5/16 4 7/16
      535 words
    • 671 27 REPORTS ASIA 'I'okyo: The US dollar was steady in late Asian trade yesterday, teetering near the 134.50-yen hurdle after the Tokyo stock market dropped to a five-year low. "The yen will probably drop to 134.60 yen after the Nikkei broke below 20,000, but European currencies
      671 words
    • 1116 27 SIMEX eurodollar Open High Low Sett Est Vol Act/Vol Op/lnt Mar 92 95.52 95.56 95.52 95.56 U85 3147 ***** Jun 92 95.13 95.15 95.11 95.12 ***** ***** ***** Sep 92 94.63 94.67 94.63 94.63 3905 9612 9540 Dec 92 93.90 93.94 93 89 93.92 2015 5208 6231 Mar
      1,116 words
  • Page 27 Advertisements

  • COMMODITIES
    • 1392 28 Rubber MaM6 MS («■>!■ fiw) S cents/kg Noon Close Int I RSS Prompt 137.25/138.25N I37.50/138.50N Int 1 RSS Apr 92 137.25/137.75 137.50/138 00 Int 1 RSS May 138.00/138.50 I38.2V138.75 Int 2 RSS OP 135 25/136 25N 135.75/136.75N Int 3 RSS OP I34.25/135.25N 135.25/136 25N Int 4 RSS OP 132.75/133.75N
      1,392 words
    • 415 28 Reuter LONDON Market fears that South Africa's referendum today will plunge the country into turmoil and disrupt platinum supplies are underpinning the metal's price, but analysts said the concerns are unlikely to be realised. Nelson Mandela, president of the African National Congress,
      Reuter  -  415 words
    • 293 28 Reuter LONDON Britain, after Ireland the top tea-drinking nation per capita, remains loyal to its favourite beverage even though falling raw tea prices have not been reflected in retail prices, say brokers and industry sources. The average price of
      Reuter  -  293 words
    • 843 28 REPORTS SINGAPORE rubber prices closed slightly higher in dull and featureless trading yesterday, dealers said. RSS-1 April buyers ended at 137.50 cents a kg and TSR-20 Award April buyers at 139.50 cents, up 0.50 cent each from last Friday's close. Dealers said
      843 words
  • Page 28 Advertisements
    • 472 28 _B_U_S_l NESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN THE MATTER OK THE COMPANIES Al l CAP 50 AND IN THK MATTEK OE O.K. GOH VENTURES (PTE) LTD (In members' voluntary liquidation) NOTICE IS 111 Kt BY GIVEN pursuant to Section 308 of the Companies
      472 words
    • 68 28 froXfe f s K= the t* oS Bp current |Eat>ai lab i* f Your son Is studying overseas. And you want him close to home with news from home. You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. You travel often on
      68 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 1220 29 City FIUM ETA night ETB Abu MuM GA893 1500 GA974 2245 GA886 2245 MMaMa SQ228 1910 QF82 2115 Amtartfaai KL837 1340 SQ24 0115 GA893 1500 GA974 2245 SQ23 1815 KL838 2325 AacMaiwI NZ35 1530 SQ288 2045 NZ36 2305 IMMfpaa GA525 1450 Bandar Sari BI421 1105 SQ182
    1,220 words
  • THE TRAVEL PAGE
    • 595 29  -  POSTCARD FROM LONDON By Caroline Smith IN THE heart of London's financial district lives an American who reads by candlelight and cooks on an open hearth. He has no electricity or hot water, but his house is his livelihood and that is just the way he
      595 words
    • 150 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.2SS2 1.2722 Canadian dollar 1.3783 1.4061 NZ dollar 0.9027 0.9300 Sterling pound 2.8398 2.8783 US dollar 1.6660 1.6730 Local dollars to 100 units of foreign currency Austrian schilling 14.04 14.32
      150 words
    • 46 29 Duration Title Venue Organiser Td April International Yugoslavia Zagrebacki (38)41/*****6 Days of Tourism Valesajam April 20Expoship Barbican The Seatrade 0206-***** 23 London '92 Centre, Organisation London Duration Title Venue Organiser Td April 20International Birmingham National 44-*****2888 24 Electrical Exhibition Electronics Centre. Exhibition Birmingham
      46 words
  • Page 29 Advertisements
    • 38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atari to Finnish
      38 words
    • 9 29 Managers Must Manage BT shows you how every Monday.
      9 words
    • 53 29 Long of mtm Elvis will never be forgotten. Now, 15 years after his death, another book is to be released, called Dead Elvis, revealing more secrets about the King. And American citizens have their say whether they want A lunchtime. an old Elvis or a young new Elvis on US
      53 words
  • Page 29 Miscellaneous
    • 249 29 Silly chap to be so close to 11 Cross member of Marston 12 Animal runs back in long 13 Nick a bone to BI—JBL—jBHBH 14 Bird seen in winter, nor--17 Spilling of pints economic? only 22 Male slayer of woman (5) 26 j 1 I j I 23 Fighter's first
      249 words
    • 168 29 Singapore Outlook: Showers over several areas in the afternoon. Report; Maximum temperature 33.8 Assoc humidity 59% Minimum temperature 35.5 Assoc humidity 93% Hours of sunshine 7.95 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month... 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 21/13 Cloudy Bangkok 34/27 Clear
      168 words
    • 37 29 ucJ ncocr rr Doujn GOT out STRPjNGe. wee* it|s 'n mv diary fc>£Fo*e, or e>£d ssoe Be£.N... t'VeßC€>J I ro«G£T coNTcnpLW»rtG LANDING —n mn/woncC-But I've Cy,, k MP\D THOUGHTS... j|l T ASSOCIATED NEWSPAPERS LTO 1*M»« Bt>34 A
      37 words

  • 425 30 Reuter, AP, AFP MOSCOW President Boris Yeltsin has signed a decree to create a separate Russian army and named himself acting defence minister, Russian Deputy Prime Minister Sergei Shakhrai told a news conference yesterday. Mr Shakhrai said the decree aimed to set
    Reuter,; AP,; AFP  -  425 words
  • 332 30 AFP TOKYO Asian countries outside of Japan will become the main manufacturing centre for the rest of the world, with several emerging as leading producers of hightechnology items, according to Sanwa Bank Ltd. The bank noted in its latest monthly Economic Letter
    AFP  -  332 words
  • 242 30 Reuter DUBAI Iraq's Gulf Arab neighbours arc starting to come out in the open behind the US show of force to persuade Saddam Hussein to bow to UN orders to destroy what remains of his oncemighty military machine. "The president of the Iraqi
    Reuter  -  242 words
  • 278 30 AFP, Reuter BEIJING China can be expected to gradually open up its consumer market to foreign investors, in keeping with wide-ranging market reforms, the Hongkong Trade Development Council (TDC) said yesterday. China's fast-growing rates of economic development and consumption, coupled with
    AFP,; Reuter  -  278 words
  • 278 30 FT LONDON British business leaders believe a victory by the opposition Labour Party or a hung Parliament would be bad for business, according to The Financial Times Monday edition. The Mori telephone poll showed that for managing the economy, 87 per cent
    FT  -  278 words
  • 762 30  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist UM O YOU support continu- M ation of the reform pro- U cess which the state president began on Feb 2, 1990, and which is aimed at
    762 words
  • 153 30 AFP, AP, Reuter BANGKOK Nearly 100 Myanmar troops who crossed into Thailand to launch a rear attack on a Karen National Union guerilla stronghold were repulsed early yesterday, according to a senior Thai official. After several hours of heavy fire, the Myanmar troops
    AFP,; AP,; Reuter  -  153 words
  • Page 30 Advertisements
    • 322 30 I Singapore's most popular Nitsuko I Key Telephone System I B r Keppd Corporation Limited (Incorpcxated in the Republic ot Singapore) TO: ALL BONDHOLDERS (1) U5550,000,000 6-3/4% Convertible Bonds due 1992 (2) U5575,000,000 4% Convertible Bonds due 1997 (3) U5575,000,000 2-3/4% Convertible Bonds due 1997 SUSPENSION OF BOND CONVERSION NOTICE
      322 words
    • 165 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 Investamatic
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    • 133 30 SINGAPORE COm gSZ Distributor of the most sought after Key Telephone System Tmt: *****88 J POPULAR TOURIST ATTRACTION IN SINGAPORE I CROCODILE THEME PARK For Sale By Tender Adjoining famous Jurong Birdpark. Closing DfttC For Ttltdlf! High potential for capital appreciation and 21 April 1992 at 3pm z oo business
      133 words

  • Shipping Times
    • 355 31  -  By Tan Hua Joo SINGAPORE Australian shipbuilder Austal Ships will unveil a new high performance catamaran, with a price tug of between US$B miflion (5513.42 million) and US$9 million, at the Singaport '92 exhibition next week. The 38-metre air cushion catamaran passenger ferry
      355 words
    • 208 31 AFP TAIPEI Europe's Airbus consortium is looking for partners in Taiwan as part of efforts to win US$2 billion (553.2 billion) to $3 billion of investment from Asia, reports said. The aircraft manufacturer was also looking for opportunities to cooperate with other countries in the region,
      AFP  -  208 words
    • 297 31 AFP TEHRAN A Turkish court has asked Tehran to pay a US$3OO,OOO (*****,000) fine to free a Cypriot freighter seized in Istanbul while carrying arms to Iran, the daily Tehran Times reported. "According to an informed source, after the seizure of the Iranian
      AFP  -  297 words
    • 855 31 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 APC Line 13 5 Arrow Inter 9 2 ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 10 1 Bangladesh Shpg 8
      855 words
    • 442 31 AP MIAMI BEACH One cruise line switched to biodegradable skeet for passengers who like to shoot off the stern. Another donates its crushed aluminum cans to Boy Scouts in Ketchikan. Alaska. In many different ways, the cruise ship industry is responding to
      AP  -  442 words
    • 210 31 UPI CAIRO Eleven vessels from the Commonwealth of Independent States were prevented from passing through the Suez Canal because they did not have enough hard currency to cover the crossing fees, Cairos newspapers reported. Suez Canal authorities said
      UPI  -  210 words
    • NEWS SUMMARY
      • 58 31 HAVING watched the United States lose leadership positions in automobiles, consumer electronics and other fields, many elected officials and others now say the country must make a stand in aerospace while Boeing is still on top. Indeed, they say. aerospace should serve as a rallying
        58 words
      • 37 31 GENERAL MOTORS' first Hungarian-made motor car, the Opel Astra, rolled off the assembly line, the result of a DMSOO million investment, one of the biggest projects in Hungary Back Page
        37 words
      • 50 31 CHRYSLER Corp chairman Lee lacocca scheduled a news conference for yesterday amid speculation that Chrysler directors may have chosen his successor in a New York meeting during the weekend. The news conference was set for yesterday at Chrysler's headquarters in Highland Park. Back Page
        50 words
      • 38 31 ARMENIAN fighters in Karabakh captured the enclave airport at Khojaly from Azeri forces two weeks ago, reopening a vital air supply route that had been closed for the previous two years Back Page
        38 words
    • LOG BOOK
      • 130 32 BEIJING China has said it would open up a development zone focusing on high-technology, export oriented industries in the port of Yangpu, on Hainan island. Hainan's vice governor Mao Zhinjun, quoted in the China Daily newspaper, said only foreign-owned and joint venture firms would
        130 words
      • 64 32 29 CAPE TOWN Twenty-nine crewmen were rescued from the water yesterday after their ship, the freighter XIV Onibe sank in a collision with another vessel off Cape Town just before dawn, a South African Air Force spokesman said. The crew of the second vessel,
        64 words
      • 117 32 NICOSIA, Cyprus A state-run Iraqi newspaper claimed on Sunday that the US Navy deliberately failed to intercept a North Korean freighter believed to be carrying Scud missiles before it docked in Iran. The newspaper, Al-Thawra, said Washington let the ship dock in order to thank
        117 words
      • 83 32 LONDON The last SOS and other radio messages from the Titanic will be auctioned in London next month on the 80th anniversary of the sinking of the luxury liner. "Sinking wants immediate assistance," said the stark signal sent from the doomed liner as it hit an
        83 words
      • 96 32 ROME Italian Transport Minister Carlo Bernini ordered air traffic controllers to call off a strike planned for yesterday after a stoppage which caused widespread disruption over the weekend. A seven-hour strike staged on Saturday forced state carrier Alitalia to cancel 56 domestic flights and
        96 words
    • 1241 32  -  With foreign competition slowly eating away America's aerospace business, US officials now say the country must make a stand in aerospace while Boeing is still on top. Richard Stevenson thinks it is more of a political problem Richard Stevenson NYT AT LEAST once a day,
      NYT  -  1,241 words
    • 708 32 ATTEMPTS to hold dry cargo freight rates steady failed and rates were easier again, brokers said on Friday. The Baltic Freight Index dropped three points to 1,228. The market was particularly weakened by talk U5520.50 was paid on the key US Gulf/Japan key grain route. The route's BFI
      708 words
    • 5211 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
      5,211 words
    • 3009 45 A Xm.BC Containerline NV: Bels.n Shpg Agencies Pie Lid (SVManne Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pie I Id (SV Accord Contr Line (PK/PN) Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Lid (S) fjj-g- Service Kim Shpg Albutros Sea-Air Service: Frala Shpg Pte Ltd (S).
      3,009 words
    • 257 45 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Td: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Custer Link Supplies A Services
      257 words
    • 1518 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8031 Fax. *****05. Aerosoeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,518 words
    • 3731 46 ARGENTINA labour working normally. Buenos Aim: Port busy; no congestion; arrival have berthed without delays; situation with congestion in fiscal warehouse has improved and berthed cargoes are suffering less delays in entering warehouses. San I-orvnzo: Four vessels berthed of which 2 loading grain. I loading vegetables oil. I
      3,731 words
    • 564 46 ARRIVALS DEPARTURES Op Flight Type ETA T Froi Op Right Type ETP T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL617 B747F 0345 1 TYO KAL
      564 words
    • 1317 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Alexita: 120, 608 dwt and built Nov 1972 Mitsubishi, brokers try US$7 million. Express 111: 53.373 dwt and built June 1983 Namura. ideas around US$l4 million but try less Trans Effort: 42.637 dwt and built Dec 1987 Mitsui Tamano and lrans
      1,317 words
    • 658 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Num of Vessel ETA ETD Ports of Calls Port Agent MARCH 17 17 Song of Flower 0800 2130 Sin-P Tioman Neptune Agencies 17 17 Asean World 0900 1800 Sin-Phuket Sembawang Johnson 17 17 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 18 18 Royal
      658 words
    • SHIPS IN PORT
      • 596 47 Vend Voy No Berth Armjl Dcpvtwc j Marina Terminal 1 Batam Baru B133A M04 alongside 1603/2100 Batam Map *****2 M04 alongs.de 1703/0500 Batam Murm *****2 M03 alongstoe 1703 2300 Batam Sayang *****2 M05 alongside 17.03/0500 Batamindo 1 172S M01 atongside 16 03/2359 Blue Power 3 *****2 M05
        596 words
      • 240 47 KmOf C rwi Berth; 1; Geniki; 2; Lian Hua Ling; 3; Dade: 4: Kranj; 5; Normadic Sailor; 6: ml. 01 jetty: Global Uranus. DCJtml. Due on Mar 16: Subur. Nur Marina, Baab UUah, Alpnes, Tokyo Bridge, Kris Lemona, Uni Modest. Barge Josindo Satu. Due on Mar 17:
        240 words
      • 1591 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rstts SNp Voy No Etb/Btr Period From To From Ace Concord 26W 18/1500 2 16/1700 17/0659 17/0900 3 17/0700 17/1159 17/1400 4 17/1200 17/1*59 17/1700 ACX Jade 7GA 18/1500 2 16/1700 17/0659 17/0900 4 17/1200 17/1459 17/1700 ACX
        1,591 words
    • 160 48 UPI WASHINGTON America West Airlines, which has been bankrupt since last summer, said the value of its stock will be wiped out under its proposed plan of reorganisation. The nation's eight-biggest carrier said the plan, which will be filed this summer, calls for it to
      UPI  -  160 words
    • 397 48 Opel Astra is the result of one of the biggest western projects in Hungary UPI BUDAPEST General Motors' first Hungari-an-made motor car, the Opel Astra, rolled off the assembly line in Szentgotthard on Friday, the result of a 500 million deutsche mark (SSSO2 million) investment,
      UPI  -  397 words
    • 513 48 Reuter YEREVAN, Armenia The passenger in the next seat put his hands together and began mouthing a prayer. "Our father, who art in heaven he mumbled in Armenian as the battered 36-seater Yak--40 aircraft revved its engines to take off from Yerevan for
      Reuter  -  513 words
    • 319 48 UPI HIGHLAND PARK, Michigan Chrysler Corp chairman Lee lacocca scheduled a news conference for yesterday amid speculation that Chrysler directors may have chosen his successor in a New York meeting during the weekend. The news conference was set for yesterday at
      UPI  -  319 words
  • Page 31 Advertisements
    • 26 31 Ums aid MnrtcM rtprtMflM *y Mffcwt «f ttM Registry «f AcctmNM (5hS»" jttfSmSEZ ,hl,,pßri W M U>< /•'or advertising enquiries, contact Shipping 7 imes: Tel 740-2089/740-2090.
      26 words
    • 115 31 JET Nedlloyd FAR EAST TO EUROPE MEDITERRANEAN CALL: 221 8989 4 :'•> '-Ip. v i v" > v x V* S £K»&i *£>~ y.;., ;*"T >\/ v 7 r .•■<■.• y >'* v-?*"''*' v: y <• *jj v '«<>.' if.;'.• v': ♦•"1j i ;'>■■'. > -V I r 1 ,'V
      115 words
    • 49 31 A* Forwarders I! A* fragM Schedule II Container Schedule 1 Comer Services 1! Cruse A Ferry Schedules II Darfy Fre*hts 1 Indtt Port Conditions 11 Shaping Agents 1! Shqjpmg Gude 10.1 SNpsates/Tanker Rates 1 Shjs m Port 1 Singapore Tides 1 Transport Diary Weather and Sea Condi tons 1
      49 words

  • Page 32 Advertisements
    • 96 32 x 77/ It could be a controversial deal between two stock I \f market stars, a thought-provoking report by m( 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
      96 words

  • Page 33 Advertisements
    • 2365 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES **11#* \llvF# BOOKINGS TEL *****234 *****58 ■m l |M TERMINAL/CFS TEL: *****218 220 rBwOSn PESAKA JARDINE SHIPPING AGENCIES SDN. BHO. \SSSF A PORT KELANG TEL *****18 FAX *****91 *****88 r\. ITlT! C PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 Dedicated to Quality
      2,365 words
    • 1923 33 TRANSPORT DIARY Mar 19: New International Trade Terms and Rules of Shipping Practices Seminar, organised b> Elim Management Services. For details, please contact tel: 292-5670 or fax: 298-1804 .Mar 19: The Future of Shipbuilding in Europe and Beyond Royal Institution of Na\al Architects meeting. 1800 hours at Weir Lecture Hall.
      1,923 words
    • 1440 33 TWO SAILINGS TO EUROPE LEISE MAERSK V.9204 ETA SIN 18/3/92 TOKYO BAY V.5241 ETA SIN 21/3/92 VHMI Voy ETA ETO Feeder by World Lynn/ DESTINATIONS AriM Thtt «Mk Margrethe Mawit 9204 cv 17/3 oeoo mrs Port iMHPHMIIIMfeIiMI CfS 16/3 2359 HRS Ketang Panang OAK LOB HOU MEM ATL MIA CHS
      1,440 words

  • Page 34 Advertisements
    • 1471 34 Roam/ J !FI VOY NO S'PORE JEDDAH S'HAMTON H'BURG ANT LE HARVE KAQA 23/111 19/3 28/3 11/4 7/4 8/4 HRn3 HANNOVER EXPRESS 07/311 22/3 8/4 10/4 13/4 14/4 WWML KURAMA 15/112 28/3 4/4 18/4 14/4 13/4 TTTSTT FRANKFURT EXPRESS 81/312 29/3 15/4 17/4 20/4 21/4 TOUT KELAIW t PPOAM6 KASUGA
      1,471 words
    • 745 34 SEABPAC IERVICK COHTAIHEMS Id MHAXIULK DUECT SOUTH PACIFIC SERVICE cim KlOl I c i j v/ PPT PALEMBANQ 3301 EB 25-27/3 7/4 10/4 14/4 L.J BONTANQ 3507 EB 6/5 19/5 23/5 24/5 Transit Time (13) (16) (22) ALSO ACCEPTMG CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA, P. VILA
      745 words
    • 1513 34 IllWiM UMf MMMI REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE WL/VOT SW ALG BCI HAM BRf ROT ART FEI LMA (KM (VM (VIA ALG) HAM) ROT) NOR ASIA SAMANTHA 9202-3 11/03 06/04 o</04 12/04 13/04 14/04 15/04 lt/04 17/04 NORASIA SINGA 9203-3 22/03 13/04 15/04 lt/04 20/03 22/04 22/04
      1,513 words

  • Page 35 Advertisements
    • 1852 35 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS OUI SAHS CARGO STORE B'KOK S*""- Tl 17 Mw 20 Mm ESTEBftUCGGt V 02W IS-IS MAR 2122 MAR #7t l 1,19 20 INGENUITY V.176N 22-23 MAR 25 28 MAR MJAM Jn«
      1,852 words
    • 2517 35 SINGAPORE AGENT: HpM&l I J rtTltflirif k l fi P4 Container* (Singapore Agenciea) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Wr. Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number **********0Z VCSML WOt -PNO -PKO SW 100 **T "J*
      2,517 words
    • 106 35 2M-CONTMOUSED/NUJITK9 BniCf TO NM CUMJK mi HUMS. KUQMC t SOU MUTSM STOW PMM f HAL KSTMIKM GENKI VO7/92E 14/3 14/3 KUCMM6/FONTIMMK QUA V 920SC 22/3 22/3 SMU/SMKB SPORE TOUT KQJHK FWU. DCSTMATON •OHA I 05 21/3 22/3 H*T KEL AUG am I V.OSE 24/3 SBU/KUCHMG aa V C 0« IS
      106 words

  • Page 36 Advertisements
    • 520 36 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY S PORE ROAM ADAM H BURG BttMCN ANTWERP SAMfIJAYA 34W8 15/4 18/5 23/5 27/5 30/5 AUTAI'2SIKB 2/5 5/6 10/6 14/6 17/6 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERISED CARGO Subject to Inducement. AI«o accepting cargo to Caaablanca, Port SaW, Port Alexandria,
      520 words
    • 1314 36 HANJIN SHIPPING FOR VSL m I* HAUL IGB OAK FOR VSL »I* HAN UN SEATTLE 022t 22/3 ORKCT 12/4 lb/4 HAJUN URBAN 072£ W/3 M. WTOUI 13K 23/4 24/4 2«/4 HAMN HONGKONG (33E 29/3 ORKCT 19/4 22/4 FBHOMM MV 204N 23/3 R. SAKAWIAH 031E 31/4 1/5 3/5 HAWM SINGAPORE 005E
      1,314 words
    • 1266 36 =k JJd IH IKIWIXMtUWIITOBinHnOUICNINt mrCLM ANN MM W Mt Cll I I OUT K 434 17/] 11/1 21/3 »/3 27/1 M/l 11/1 1/4 3/4 4/4 5/4 17/4 »/4 1/5 2/5 12/5 13/5 14/5 15/5 14/5 25/5 5/1 R/4 11/4 E SOUXft K 414 24/1 25/) N/1 1/4 3/4 7/4 */4
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  • Page 37 Advertisements
    • 2000 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 NEPLINE SDN BHD MALAYSIA K.L -(03)
      2,000 words
    • 1042 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—OBCHAXaNG WESTBOUND—LOADW6 TMICWfO) VW ROTTOPAM mms mn |mla hko
      1,042 words

  • Page 38 Advertisements
    • 1625 38 K"W JP*" f f AS AGENTS KAWASAKI BMGAPORE (PTE) LTD ICR No: 1244C*****0M) V W I T EL *****77 TELEX KAWAKIRS23I6S FAX: *****07/B^9 I m I Wi* MALAYSIA: "K* UNE MARmME (MALAYSIA) SON BHD I JL m M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 mamm KAWASAKI KISEN
      1,625 words
    • 1145 38 PHI LI-Oft I (NT LINGS PT€ LTD 108 Robinaon Road #07-00 GMG Building Singapore 0106 Tat: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 QTjO BY AIR, LAND OR SEA.... 4Rt SQL WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUAMEW ZEALAND/SOUTH PACIFIC 20 MAR SYDNEY. MELBOURNE.
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  • Page 39 Advertisements
    • 1187 39 sSSSr JOff PACIFIC INTERNATIONAL LINES (PTE) LTD m g 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 OR NO **********Q£. 'JAKARTA 1 [BANGKOK VESSEL VOY .IN JKT AIM VESSEL VOV SIN SKK SIN EDEN 03M It/ ESTEBRUGGE 02N IS/S 21/3 25/3 KOTA RAKVAT 121 22/3 VJ,\ KOTA BINTANQ
      1,187 words
    • 1239 39 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL~ PENANG P KELANG~ OCEAN VSL/VQY SIN SOU RTM (2) HAM (3) GOT (4) ANSON/TBN 13/3 14/3 AROSIA 2102 17/3 3/4 5/4 6/4 8/4 ANSON/TBN 20/3 21/3 NIHON 2112 24/3 10/4 12/4 13/4 15/4 ANSON/TBN 27/3 28/3 BENARTY 2122 31/3 17/4 19/4 13/4 15/4
      1,239 words
    • 516 39 M* MYANMA VBk FIVE STAR LINE (Myanmar National Line) Loadinf for Yangon (Rangoon) S'pore P.KIf Pon P Sdf MYOMA YWA VI4OW In Pi SM AVA VII4W 11/25 M* In Pt SM PAGAN VISOR 20/22 Mar PWVA VI2IW 25/27 M» 21/2* THE BANK LIME (A jtfvtce of Andrew Wet Shppmj) SEMI-CONTAINER
      516 words

  • Page 40 Advertisements
    • 608 40 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS "Ml W K IK U MM MM* 11 PT 11/3 TUB MT4 37 SU FT C4SMC CUUUCU 1$ 11/3 21/3 MWU 12 21/3 24/3 uua tuber** i 23/3 2«/3 mmce mm n m/j Mil* MM 2 34/3 1/4 4/4
      608 words
    • 80 40 \REGULAB CONVENTIONAL SERVICES/ rS'pore P Kelang Loading for I FURIA 19/3 23/3 Rdm/AtwUK I M 10/4 14/4 Rdm,Atw'UH/Nantes [Spore Loading for .1 IgEHMNI 19/3 Dubai/ Dammam Bahrain/Kuwait I IIBE 20/3 Hodeidah/Jeddah/Aqaba/Port Said I I puma 20/3 Aden/Hodeidah/ Jeddah I [Spore Loading for HpAN MARINtR los Angeles New Orleans I Charleston/Norfolk/Camden
      80 words
    • 92 40 WEEKLY ML CONSOLIDATIONA* $Swm BOMBAY MADRAS CALCUTTA f COLOMBO KARACHI CHITTAGONG I FAX: 227?083 [5551 EUROPE/S.E.A. BREAKBULK SERVICE VESSEL UN 81 BREMEN Sid ANTWERP 11-15/2 TO PORT KELANG 15/3, SWGAPORE IS/3, HONGKONG, KAOHSAJNG, OSAKA, CHIBA GOLDEN FALCON GDANSK 28/4, ANTWERP 12/3 TO PORT KELANG 7/4, SINGAPORE 10/4, KEMAMAN 14/3, HONGKONG
      92 words

  • Page 41 Advertisements
    • 1289 41 WEEKLY LCL TO EUROPE FEED® VESSEL PKG PEN OCEAN VESSEL SM LEH RTM(I) HAM(2) BRV FIX SOU GOT VESSEL ftt PJ(| •Pn tU &i S*baya Auckland F.ji(A) NJfynwuth(A) From LyttMt«(B) Dun»dbi(B) Nap* Wdfciftor(C) Tawanji B Sef(»a/835 W Bhum/563 13/3 12/3 N oetft/2052 In Pt 4/4 5/4 7/4 8/4 6/4 7/4
      1,289 words

  • Page 42 Advertisements
    • 784 42 TO AUSTRALIA/NEW ZEALANO W [1- iFrwn 1 1Mb Tsis Auct |NH If CHMM niw wok m nu H7l 2/4 v« TTTi 157* ■HBJfl ?M 14/4 7T7T" S/i Til C OEMLIC m m 7» i/5 11/5 15/S TlTs lijl MTmmN m 11/5 1»/S 24/S lijl iTi TO USA/CANAOA *5 [to IIM
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  • Page 43 Advertisements
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  • Page 44 Advertisements
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  • Page 47 Advertisements
    • 15 47 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
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  • Page 47 Miscellaneous
    • 308 47 TIDES AND WEATHER TODAY'S TIDES (hajflt in metres) HOUR 0000 0100 0200 0300 0400 (KM 0600 0700 OtOO 0900 *****100 1200 1300 1400 *****C0Q*****»01J00 2000 *****200 2300 JR 23 19 14 1.1 09 10 12 16 22 28 31 30 27 21 15 09 06 04 04 07 1.3 20
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  • Page 48 Advertisements
    • 1044 48 Every Saturday in Business Times [/HYUNDAI MERCHANT MARINETO-LTO. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEBT wt rn kp tm ~it haul wrmo m ow u* hwl wkm icm/«a pu RAN HAi 296 NOW U/03 12/03 13/03 H CHAIIfNH* 4X W/03 00/04 00/04 12/04 MY BRDGf 031 25/03 10/04 12/04
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