The Business Times, 23 March 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Monday, March 23, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 78 1 BEIJING China was forced to postpone the launch of a US-made Australian telecommunications satellite yesterday after an abortive blast-off. A spokesman reached at the satellite launch centre declined to comment and there was no immediate explanation for the failure. The botched blast-off was
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    • 40 1 THE OCBC Bank group is looking at the possibility of reviving a 10-year-old plan to build an office building at Phillip Street on a site previously occupied by Four Seas Communications Bank's headquarters Page 2
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    • 30 1 A MALAYSIAN-Latin American consortium has capital of up to Ms3o million committed by its members as a catalyst to begin its venture into Latin America Page 8
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    • 26 1 THE Philippines is poised for a period of rapid economic growth after a year of painful adjustment, Finance Secretary Jesus Estanislao said. Page 8
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    • 27 1 THE pessimism over South Korea's economy, which is forecast to grow by about 7 per cent in 1992, may be a touch overblown Page 9
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    • 32 1 CONSUMER confidence in the US, which had remained gloomy even as consumer buying had begun to rise, appears to be moving up again after a long slide P«ge 9
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    • 28 1 TEAMWORK may be the hottest buzzword in corporate America, but managers in Singapore recognise that a system which rewards only teamwork has its limitations Page 11
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    • 24 1 E M FORSTER's novels translate well into film, a fact movie directors have been quick to take advantage of. Page 17
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    • 30 1 HOLLAND'S Smit International is further expanding its scope of activities in Southeast Asia in the wake of strong economic growth in the region. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 29 1 TOP HOTELIER Ricky Goh, who recently announced his resignation from property giant CityDev's hotel division, is to join property kingpin Ng Teng Fong Page 3
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    • 41 1 THE liquidators of KumagaiZenecon Construction have written to ABL Nominees Singapore asking it not to take any action that would diminish the value of Pacific Can shares as this forms part of Kumagai-Zenecon's assets. Page 3
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    • 38 1 THE new Indonesian investment by Singapore Airlines and Straits Steamship Land, where the two companies will take a 20 per cent stake each in a US$5O million hotel project, looks like a winner. Page 3
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    • 32 1 NET PROFIT at Hongkong's Henderson Land Development fell 12.4 per cent to HK$l.3B billion for the six months to Dec 31, in line with some market expectations Page 4
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    • 42 1 BRITISH merchant bank Schroders pic has released a set of first-rate results for 1991 despite difficult economic conditions. The group's profit after tax for the year ended Dec 31, 1991 jumped 64 per cent to £52.1 million Page 6
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    • Article, Illustration
      26 1 Friday Change BT-MGA 692.66 -1.44 Kuala Lumpur ....603.19 +5.23 Tokyo Qoscd Hongkong 5,015.81 +25.22 Sydney 1,585.1 +13.7 New York 3,276.39 +14.99 London 2,456.62 -11.0
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    • 23 1 Exchange rates USS SS 1.6640 100 Yen SS 1.2436 MS SS 0.6423 Money market rates Overnight 2 3/4 3-montn 3 5/16% -1/16
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    • 30 1 Rubber S pore Apr 139.50»/kg +1.25 M'sia Apr 214.00*/kg +1 KLTin Turnover 19 tonnes -21 Spot MSl4.27/kg +0.08 Crude palm oil Turnover 2,455 lots -546 May MS947 /tonne -6
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  • 551 1  -  S'pore Technologies Ventures unit to invest another $50m By Loh Hui Yin SINGAPORE Chartered Semiconductor Manufacturing (CSM), a large and troubled unit of the government-owned Singapore Technologies Ventures group, has changed strategy and expects to break even next year. Instead of relying on
    Source: Singapore Technologies Ventures  -  551 words
  • 353 1  -  From Harish Mehta in HO CHI MINH CITY HO CHI MINH CITY wants to become a tropical paradise dotted with satellite cities, and many foreign companies are planning to invest in this development. Among them are Singapore's United Land and Trading
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  • 512 1 NYT TOKYO After investing hundreds of billions of dollars abroad during the 1980s, Japan has reversed course and is pulling money into the country at a rapid rate. Japanese banks are lending less to foreign customers, particularly in places where business
    NYT  -  512 words
  • 414 1 Thailand's general election AP, Reuter, AFP BANGKOK Pro-military parties were scoring major victories as Thais voted in general elections yesterday, after 13 months of militarydirected government. Two parties with close ties to the ruling military junta the Chart Thai and Samakki Tham by unofficial
    AP,; Reuter,; AFP  -  414 words
  • Page 1 Advertisements
    • 142 1 THE VISIBLE VDIFFEREn CE y in v PROFESSIONAL EYE CARE OPTIQUE Pi/US MIKI -s Plaza Singapura Liang Coin Marina Square Scocts Clifford I V^L. Daimaru Sunglasses Counter Aircraft Schedule 27 Market Revtews 23 World News 9 The Arts 17 Money Changer Rates 27 For market indices editorial. Commodities 26 Money
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    • 201 1 Dulux THE BETTER PAINT i SingaPort '92 supplement THE world maritime scene is going through tremendous changes, with the sky being the only limit. New technologies and methods are paving the way for even brighter days for the industry. In a 20-page supplement this Wednesday, Business Times explores the depth
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 77 2 PRICES for Certificates of Entitlement (COEs) have risen an average of $2,700 with premiums at record highs in four of the six car categories. April's premiums for small cars in the 1,000 cc and below category shot up to $15,000; COEs for luxury cars
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      • 65 2 OLDER housing estates scheduled for upgrading will follow standards set by Bishan housing estate, said Prime Minister Goh Chok Tong while on a visit to the estate on Saturday. Residents in Housing and Development Board fiats scheduled to be upgraded after the demonstration phase will,
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      • 81 2 PROFESSOR Barry McGaw, director of the Australian Council for Education Research, will deliver this year's Ruth Wong Memorial lecture at the National University of Singapore on Friday. Professor McGaw, who will speak on "Measuring and Monitoring Educational Achievement", is the 10th speaker since the annual series
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      • 88 2 WOMEN from the six Asean countries will gather in Singapore from April 22 to April 25 for a workshop on Industrialisation and Women's Health. Jointly organised by the Singapore Council of Women's Organisations and the Association of Women for Action and Research (Aware), the workshop aims
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      • 106 2 THE ASSOCIATION of Muslim Professionals revealed its full leadership lineup last Saturday, when the leaders including members of the advisory council, the AMP board of directors, executive committee, and various standing committees officially took office. The AMP leadership reflects trends in the Malay/Muslim community. For instance,
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      • 53 2 ON THE article "Plan for green city to be unveiled next year" which appeared in Business Times on March 13, the Ministry of Environment has pointed out that it is representatives of various ministries who will work on the action plan, and not representatives of industries as
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    • 464 2  -  Group also said to be keen to buy additional URA land nearby By Lilian Ang THE OCBC Bank group is looking at the possibility of reviving a 10-year-old plan to build an office building at Phillip Street on a site previously occupied
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    • 365 2  -  By Dawn Tan A GROUP of expatriate parents are pooling their resources to take over the Dover Court Preparatory School at Margate Road. The school, which has about 90 students and is affiliated to the Dover Court Preparatory School at Dover Road, is
      365 words
    • 238 2  -  By Claire Leow THE local subsidiary of Oregon-based Mentor Graphics Corporation will benefit from a multi-million-dollar contract awarded to the company by Japan's Matsushita Electric Industrial Corporation. Mentor announced last week that Matsushita had said it would spend "tens
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    • 197 2 NTUC Income will strive to settle 95 per cent of its life insurance claims on the spot or within a week, says the insurance co-operative's general manager, Mr Tan Kin Lian. Speaking at Income's Summit
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 577 3  -  Ricky Goh to be chief operating officer in hotels division By C K Tan SINGAPORE Top hotelier Ricky Goh, who last November resigned from property giant City Developments' hotel division, is to join property kingpin Ng Teng Fong. Mr Goh told BT he
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    • 423 3  -  By Genevieve Cua SINGAPORE Faced with a maturing market at home, listed Provisions Suppliers Corporation (PSC) is laying the groundwork for expanding its Econ Minimart chain of neighbourhood shops outside Singapore. Last night, PSC launched a bold new corporate identity for
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    • 313 3 NST KUALA LUMPUR Sungei Besi Mines Malaysia Bhd is considering venturing into the development and management of a chain of hotels in the country over the next two years in an effort to capitalise on the growing tourism industry. Its chairman, Esa Mohamed,
      NST  -  313 words
    • 526 3  -  THE HOCK LOCK SIEW COLUMN" Good choice of city and partners for SIA-SSL's Indon hotel venture By Maggie Ford JAKARTA The new Indonesian investment by Singapore Airlines (SIA) and Straits Steamship Land (SSL), where the two companies will take a 20 per cent stake each in
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    • 500 3  -  By William Chia SINGAPORE The boardroom tussle at Pacific Can Investment Holdings Ltd has taken an interesting turn. The liquidators of Kumagai-Zene-con Construction has written to ABL Nominees Singapore asking it not to take any action that would diminish the value of
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    • COMPANY BRIEFS
      • 57 3 KUALA LUMPUR Caltex Oil Malaysia recorded a 15 per cent rise in revenue to Ms7so million (SS4B2 million) last year. Chairman and managing director R K Abrams said that based on the January and February performance this year, Caltex should achieve another 10
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      • 43 3 KUALA LUMPUR Carlsberg Brewery Malaysia expects a tough market this year due to higher beer prices and stiff competition. Efforts are being made to protect margins through cost control, said chairman John Madsen in the group's latest annual report.
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      • 45 3 KUALA LUMPUR Lion Land Bhd has returned to the black with an unaudited group pre-tax profit of M 510.4 million (556.68 million) for the six months ended last December, compared to a pre-tax loss of Ms 7 million previously.
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      • 77 3 KUALA LUMPUR Hock Hua Bank posted a 33 per cent increase in pre-tax profit to M 542.1 million (5527.05 million) for the year ended last December. Group turnover rose 47 per cent to M$ 191.69 million. The bank said the good results were due
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    • 233 3 NST KUALA LUMPUR Tenaga Nasional Bhd may act as a venture capital company to provide financial backing to local entrepreneurs to move into the capital-intensive business of manufacturing power generating equipment. Chairman Tan Sri Ani Arope said the plan involves participation of
      NST  -  233 words
    • COMPANY BRIEFS
      • 61 4 SEOUL South Korea's Hyundai Business Group, dogged by charges that it is abandoning business tor politics, has announced the signing of a US$3.3 billion (555.5 billion) contract in Thailand. The contract, signed last Tuesday, will see the conglomerate's construction arm, Hyundai Engineering and Construction
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      • 51 4 HONGKONG Cavendish International Holdings has been compelled to make a HKS462 million (Ss99 million) provision for its loss-incurring investment in Husky Oil, company officials say. The move depressed its profit before extraordinary to HKSI.24 billion last year, 5 per cent lower than the previous year's HKSI.3I
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      • 55 4 HONGKONG Great Wall Electronic International expects its television division to increase its profit margin after setting up six joint ventures in China to manufacture television components. Chairman Jackie Chian Chi-kee said the group was negotiating with six parties to manufacture the components in its
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      • 84 4 BANGKOK Sahaviriya Group plans to list three steel sheet producing companies on the Stock Exchange of Thailand, starting with Sahaviriya Steel Industry Co, which produces hot-rolled steel sheets, The Nation reported last week. Group president Vit Viriyapraphaikit said the listing of Sahaviriya Industry is expected
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    • 207 4 Reuter TAIPEI Taiwan's Hualon group plans to build a US$27O million (*****.2 million) industrial complex making electronic components and computer chips in Malaysia. The textile and electronics group has signed an agreement to borrow US$ll2 million from a consortium of Malaysian banks, the
      Reuter  -  207 words
    • 373 4 HONGKONG Net profit at Henderson Land Development fell 12.4 per cent to HKSI.3B billion (***** million) for the six months to Dec 31, in line with some market expectations, the South China Morning Post reported last week. The fall in profit after tax and
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    • 546 4 MARKET Analysts say borrowing in all industries has increased too fast Reuter SEOUL The financial woes of two leading South Korean companies are sending jitters through the stock market and underlining wider structural problems facing the nation's industries, financial analysts say. Garment maker Non No
      Reuter  -  546 words
    • 301 4 JAKARTA The shareholders of PT Tigaraksa Satria have approved the company's plan to issue convertible bonds worth up to 70 billion rupiah (Sss6 million), the Jakarta Post reported. The shareholders' meeting here last week also approved the decision of the firm's management to
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    • 201 4 AFP HONGKONG The Hongkong Stock Exchange is to replace the Hongkong Index of blue-chip stocks with a more comprehensive All Ordinaries Index (AOI) from April 6. The exchange said last Friday that the AOI will cover seven sectors which will each have
      AFP  -  201 words
    • 697 4 Reuter SHANGHAI Shanghai Number One Department Store has long been China's version of a socialist shoppers' paradise a cornucopia of consumer goods for the masses in a market short of both quality and choice. But as economic reforms gather
      Reuter  -  697 words
    • 536 5 Banks to meet over C$10b debt of Olympia York FT TORONTO Bankers to Olympia and York, the world's biggest property developer. are preparing for urgent talks to consider the secretive group's debts estimated to be at least Cslo billion (5513.7 billion). Banks from around the world are expected to be
      FT  -  536 words
    • 421 5 Reuter LONDON The London Stock Exchange is moving to defend its position as Europe's prime centre for international share trading by copying its continental rivals, both in openness and in the way trades are generated. It is evolving a new attitude
      Reuter  -  421 words
    • 321 5 Reuter VEVEY, Switzerland Nestle SA said profits improved and sales margins were steady last year, despite increased restructuring costs. Commenting on a rise in its 1991 consolidated net profit to 2.47 billion Swiss francs (552.7 billion) from 2.27 billion in 1990, the company said:
      Reuter  -  321 words
    • 534 5 NYT LOS ANGELES California's influential public pension fund turned up the heat on 10 companies last Friday including giants like IBM, Time Warner and Polaroid by threatening to vote against the re-election of their directors, if they do not change policies that
      NYT  -  534 words
    • COMPANY BRIEFS
      • 143 5 NEW YORK The Federal bankruptcy judge presiding over the bankruptcy proceedings of RH Macy Co gave the company more time to determine which of its 422 leases it will retain or reject. Judge Burton R Lifland extended Macy's right to terminate the
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      • 67 5 SAN FRANCISCO Apple Computer Inc has boosted the amount it is seeking in copyright infringement damages from software giant Microsoft Corp by more than US$l billion (551.64 billion) to U555.55 billion, Microsoft said last week. Apple sought U554.37 billion in damages from Microsoft last month
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      • 63 5 LONDON Berisford International, commodities and property group, has cancelled a rights issue announced a month ago. Its shares rose 2p to 20'/2p. The issue, which was to raise £14 million (5539.2 million) net through the sale of loan stock, would have allowed Berisford to provide further
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      • 73 5 LONDON Maxwell family-held shares in Mirror Group Newspapers (MGN) could be offered for sale after the likely appointment soon of a merchant bank to supervise such the sale, a source close to administrators of private Maxwell interests said on Friday. The family share of 54.8
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      • 64 5 BANGKOK The Thai government has given the American oil giant Texaco exploration and production rights to three areas in the Gulf of Thailand, Industry Ministry officials said last week. William Doyle, Texaco's president for the Middle East and Far East, signed the agreement with the
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      • 79 5 LONDON British food and agribusiness group Booker pic is set to see a small rise in 1991 profits, as the company benefits from its acquisition in late 1990 of Fitch Lovell, while many of its markets remained depressed. Analysts see 1991 pre-tax profits edging
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 60 4 M IF YOU'VE GOT TELEVIEW 1 B FOR TOP-NOTCH INFORMATION ON SINGAPORE PRESS HOLDINGS' INFORICH DATABASE Local Financial News M fe Stocks Shares l y Food, Entertainment Shopping k Education Travel Vacation Planning M MM Fashion 8r Beauty EEDB9B3SEX^SXI2S!&ED3i Sports 8f Health Singapore Press Holdings Electronic Publishing Division And LotS
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    • 80 4 Personal touchGracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all. that warm family atmosphere to
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  • Page 5 Advertisements
    • 192 5 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3608 I MAJOR INTERNATIONAL BROKING FIRM I Senior Investment Analyst I Around $70,000 <R 1082> 1 fI If you are a mature, dedicated and resourceful person c—aas, w.* i with a solid knowledge of the Singapore and Malaysian share markets, our
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  • FINANCIAL NEWS
    • 379 6  -  By Shoeb Kagda SINGAPORE British merchant bank Schroders pic has released a set of first-rate results for 1991 despite difficult economic conditions. The group's profit after tax for the year ended Dec 31, 1991, jumped 64 per cent to £52.1 million (S$ 147.9
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    • 314 6 BANGKOK Bank of Thailand governor Vijit Supinit said last week that the government would allow foreign financial institutions to set up offshore banking units in the near future in another effort to liberalise the Thai financial system, The Nation reported. Following a meeting with members
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    • 261 6 AFP, UPI DHAKA Finance Minister Saifur Rahman said legal steps are being taken to float the collapsed Bank of Credit and Commerce International (BCCI) with a new name in Bangladesh, a newspaper here reported yesterday. "The government decided to float a
      AFP,; UPI  -  261 words
    • 336 6 HONGKONG The Lippo Group, an Indonesian conglomerate, may still buy some assets of Bank of Credit and Commerce Hongkong (BCC) after its failure to take over the collapsed bank, sources say. The South China Morning Post reported last week that
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    • 265 6 Reuter TOKYO The Bank of Japan (BOJ) does not plan any emergency loans to securities companies despite recent stock market declines, BOJ governor Yasushi Mieno said over the weekend. Asked if the BOJ will extend special loans to securities companies, which
      Reuter  -  265 words
    • SMALL CHANGE
      • 90 6 BEIJING Shanghai will issue bonds worth 500 million yuan (S$ 152.25 million) on April 1 to raise funds for a massive plan to build a new Asian financial and trade centre, reports said on Saturday. The bonds will be the first to be issued to
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      • 75 6 RABAT Foreign banks wishing to set up in an offshore banking zone at Tangier in Morocco will be exonerated from corporate tax for 15 years, according to a government decree published on Friday. But they will be required to pay an annual tax at a
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      • 79 6 MOSCOW The former Soviet foreign trade bank owes US$5.4 billion to foreign creditors with about 15 to 20 per cent of the debt held by commercial banks, according to a Russian central bank official. Dmitri Tulina, the deputy director of the Russian central bank, said in
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      • 55 6 ZURICH Banca della Svizzera Italiana (BSD, majorityheld by Swiss Bank Corp (SBC), announced a one-for-nine rights issue to finance a restructuring under which it will unite SBC's private banking activities. BSI managing director Giorgio Ghiringhelli said the shares to be issued would be a mixture
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  • Page 6 Advertisements
    • 985 6 Nat Steel Nat Steel Ltd Incorporated in the Republic of Singapore To: All Shareholders The Board of Directors of Nat Steel Ltd wishes to announce the following THE GROUP THE COMPANY 1991 1990 1991 1990 Ss'ooo SS 000 Ss'ooo SS'OOO Turnover 786,005 784,310 0.2 442,994 484,154 8.5) Operating Profit 67,003
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  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 86 8 JOHOR BAHRU The federal government will announce in a day or two the steps to be taken in response to Singapore's move to impose a registration tax on certain Malay-sian-owned vehicles using Singapore roads. Transport Minister Datuk Sen Dr Ling
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      • 88 8 SYDNEY Australia's Civil Aviation Authority (CAA) is under pressure to reconsider a much-criticised decision to award a US$l9O million (SS3I7 million) contract for an air traffic control system to French-based Thomson Radar Australia Corporation. The authority has been accused of ignoring the interests of Australian industry
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      • 72 8 JAKARTA A team of lawyers barred for more than a week from an East Timor court will now be allowed to defend East Timorese in connection with an army massacre in the territory last November, the daily Kompas said yesterday. "There are no more problems.
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      • 84 8 PENANG Malaysians spend about Msl.7 billion (SSI.I billion) a year or M 54.6 million a day on cigarettes, according to the Consumers Association of Pulau Pinang. Association president SM Idris said last Saturday that if the smoking habit was not checked a total of MsB.s billion would
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    • 420 8 Group to undertake trading activities, joint ventures Bernama KUALA LUMPUR A consortium of Malaysia's largest conglomerates, incorporated last month to seek opportunities in the revived Latin American economies, has committed up to MS3O million (5519.5 million) in ventures there. The consortium is a
      Bernama  -  420 words
    • 380 8 Reuter MANILA The Philippines is poised for a period of rapid economic growth after a year of painful adjustment, Finance Secretary Jesus Estanislao said last Saturday. He said in a radio interview that the Philippines could match the rapid growth rates of South-east Asian
      Reuter  -  380 words
    • 293 8 AFP TOKYO Cambodian Prime Minister Hun Sen called on Japan last Saturday to send troops to join the United Nations peace-keep-ing forces deployed in Cambodia. Mr Hun Sen made the request when he met former Japanese foreign minister Hiroshi
      AFP  -  293 words
    • 590 8 NYT MANERPLAW, Myanmar Waiting in the jungle for the start of yet another wave of battle, the rebels under siege here know that the notoriously superstitious Myanmar military government intends to crush them by March 27. The date is propitious for the
      NYT  -  590 words
    • 332 8  -  From Al O Labita Jr in MANILA THE Manila-based Asian Development Bank (ADB) has approved a US$25O million (*****.5 million) loan to support Indonesia's wideranging financial reform programme. Indonesia intends to use the loan to privatise the Jakarta Stock Exchange and develop
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  • Page 8 Advertisements
    • 692 8 fan CHUAN HUP HOLDINGS LIMITED K2UI (INCORPORATED IN SINGAPORE) HALF-YEARLY REPORT ON CONSOLIDATED RESULTS FOR THE SIX MONTHS ENDED 31/12/01. THESE FIGURES HAVE NOT BEEN AUDITED. The Directors of Chum Hup Holdings Limited art pleesed to announce the unaudited results of Km Company and tho Group for tho hslf-yesr ended
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    • 407 8 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3688 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF KIRKLEES PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the above named Company duly convened
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  • THE WORLD
    • 644 9 Trade deficit the main worry but signs point to improvement Reuter SEOUL When so much of the world is mired in recession, a real economic growth forecast of about 7 per cent for 1992 should be cause for celebration. Not in South
      Reuter  -  644 words
    • 523 9 NYT NEW YORK Consumer confidence in the US, which had remained gloomy even as consumer buying had begun to rise, appears to be moving up again after a long slide. The University of Michigan index of consumer sentiment, which edged up a bit in
      NYT  -  523 words
    • 157 9 Reuter PRAGUE Czechoslovakia has became the first of the former communist countries of Eastern Europe to sign an agreement on free trade with the seven-member European Free Trade Association (Efta). "It is a significant step on the way to a full integration of Czechoslovakia,
      Reuter  -  157 words
    • 344 9 AP DETROIT With or without a US-Mexico free trade agreement, the Big Three US automakers' share of Mexican production will drop by 1997. a study released on Friday suggests. Car and light truck production in Mexico in 1997
      AP  -  344 words
    • 377 9 Reuter JOHANNESBURG South African exporters, their confidence boosted by world reaction to last week's "yes" vote to reform, believe bullish forecasts for export growth in 1992 are now firmly on track. The South African Foreign Trade Organisation (Safto). a private sector
      Reuter  -  377 words
    • WORLD WATCH
      • 87 9 GENEVA An arrangement allowing China and Taiwan to join the General Agreement on Tariffs and Trade simultaneously has been worked out in talks to break a deadlock over Taiwan's application. Gatt sources said on Saturday. A working group to handle the admission of
        87 words
      • 94 9 GENEVA Major world steel producers and exporters ended a week of talks on Friday without completing a projected free trade agreement for steel. US steel industr> observers said one of the main unresolved issues among the 30 participating countries involved whether some nations should be
        94 words
      • 72 9 BONN German Foreign Minister Hans-Dietrich Genscher said on Saturday that Poland. Hungary and Czechoslovakia should be made full members of the European Community before the end of the decade. Mr Genscher said the 12-nation Community must be ready to include the new European
        72 words
      • 87 9 TOKYO Japanese Foreign Minister Michio Watanabe. after two days of talks with his Russian counterpart, was pessimistic on Saturday about a settlement of the territorial dispute hampering bilateral ties. "It is not a question that can be solved in six months or a year." Mr
        87 words
  • Page 9 Advertisements
    • 357 9 1 k F Hp m j /m- U W(i win I O Hp HI gSt I t 4«T ■Jri I mr WT p J!r\ BMI Em I F\ I fl___«4v -^^PR^^tfPSiilßßP^ r Bv m K W^^^mfM'^dfi^F^J^nmlfC' ip Jr |M ]r,j| M A>- |g 4ajfipjßl j^^k The rich potential of Asia
      357 words

  • ANALYSIS
    • 905 10  - Boon for investors or else bane for the world Dr Goh Keng Swee, deputy chairman of the Monetary Authority of Singapore, says in an interview with Makito Ohashi of Nihon Keizai Shimbun that if the former Soviet republics make it through the current instability, they will offer a new frontier
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    • 1007 10  -  :For 10 years, the Vietnamese have worked quietly on a masterplan for transforming Ho Chi Minh City into a city of the future. Harish Mehta reports from Ho Chi Minh City Harish Mehta THE VIEW from the Saigon Floating Hotel dredges up apocalyptic memories of scenes from
      1,007 words
    • 474 10 IN THE LEAD-UP to the masterplan for the year 2000 and beyond. Ho Chi Minh City has a less ambitious five-year plan to restore some of its lustre. Once dubbed the Pearl of the Far East, the city is now
      474 words
  • Page 10 Miscellaneous
    • 55 10 POONESBURY BY GARRY TRUDEAU HEY.BOSS, ,-/rSOCK. MHATTHE THE CLINTON I MUTT?'THE "CUHION HAS THE KIND OF TRAC- OAMtfrT, RICK. 4I GOT A HELL6MBS SlOV* WHATS CMW6NNOW HON THAT MAKES HIS ELECTION I VO/RETHETHRP /MSSSO& HJTTHTHiS WKN6MTH PURRSUKEA NEXT FALLA PEADCJNCH.K&EP WROTE REPORTER I'VE ,ICUCAUW PIECE WU rr* X- PORSCHE 9H
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  • ENTERPRISE & MANAGEMENT 1
    • 1174 11  -  Teamwork may be the hottest buzzword in corporate America, but managers in Singapore recognise that a system which rewards only teamwork has its limitations. Chuang Peck Ming reports Chuang Feck Ming Teamwork is making news again. In Singapore, Lim Boon Heng, Senior Minister of State for
      1,174 words
    • 734 12  -  ASIA'S Rajendra Bajpai reports from New Delhi about a servant who worked his way up to become director of a successful job placement business Rajendra Bajpai PARTAP Singh Gusain, 29, had no schooling and began his working life at the age of 13 as a servant
      734 words
    • 705 12  -  Employee leasing, the practice looked upon as the small businessman s salvation, has turned out to be a nightmare. Barry Meier reports Barry Meier NYT An innovative management technique that is supposed to save small businesses money and provide low-cost health benefits to workers is backfiring,
      NYT  -  705 words
  • Page 11 Advertisements
    • 195 11 I Waipuna T HOTEL a CONFERENCE CENTRE NEW ZEALAND'S MOST MODERN CONFERENCE HOTEL The 155 room Waipuna Hotel is ideally positioned in New Zealand's business capital, Auckland, to capitalise on the two growth areas of modern travel the business visitor and the holiday maker. A high class, purpose built business
      195 words
    • 30 11 Wednesday Night 25th March 1992 7.30 p.m. (Auction) (Viewing 4.00 p.m. to 7.00 p.m.) Sir Stamford Room, Mezzanine Floor Hyatt Regency Singapore. Busi N ESS Needs P RON TA PRINT
      30 words

  • Page 12 Advertisements
    • 105 12 I I Over 1600 government agencies elect Unisys to keep ahead of a changing world The business of government is to meet the changing needs of people. And that requires powerful, reliable ■wgmmmmm information systems. Which is why you'll find Unisys systems at woric in government agencies in hundreds of
      105 words

  • SPORTS
    • 523 13 AP KEY BISCAYNE, Florida Arantxa Sanchez Vicario lured Gabriela Sabatini into a duel from the baseline and then withstood the Argentine's late charges for a 6-1, 6-4 victory on Saturday in the women's final at the International Players Championships. Sabatini, who lives on
      AP  -  523 words
    • 326 13 AFP SYDNEY England halted South Africa's dream run in cricket's fifth World Cup with a controversial 19-run victory in the second semifinal here yesterday. England led from start to finish in the day-night encounter at the Sydney Cricket Ground to set up
      AFP  -  326 words
    • 362 13 SINGAPORE Todd Hamilton shot a par 71 on the Bukit Course of the SICC to win the Rolex Masters with a 10-under total of 274 yesterday. Hamilton started brightly, with a birdie in the second hole, chipped in from 30 feet, and another in the
      362 words
    • 266 13 Reuter ORLANDO, Florida Fred Couples continued his astonishing run on Saturday by shooting a blistering, third round nine-under-par 63 to open his lead at the US$l million Nestle Invitational to six strokes. Couples pulled away from the field with seven birdies and an
      Reuter  -  266 words
    • 482 13 AFP MEXICO CITY Nigel Mansell nursed his car through several problems but was still faster than teammate Riccardo Patrese on Saturday and earned the pole position for yesterday's Mexican Grand Prix. Meanwhile, defending world champion Ayrton Senna came back from a crash in
      AFP  -  482 words
    • SIDE LINES
      • 133 13 CRANS-MONTANA, Switzerland Frenchwoman Carole Merle capped her best winter ever Saturday by winning a World Cup giant slalom and her first season title in that event. Merle, 28, had the two fastest runs in the season-end-ing race. Her total time of 2 minutes, 32.27
        133 words
      • 86 13 SAN REMO, Italy Veteran Irish cyclist Sean Kelly pipped Italian pre-race favourite Moreno Argentin in a thrilling sprint finish to the Milan-San Remo classic on Saturday. Argentin looked home and dry in the first World Cup race of "i the season when he pulled away from
        86 words
      • 110 13 COLOGNE, Germany World squash champion Rodney ifl Martin needed only 32 minutes to end the giantkilling antics > of his fellow Australian Tristan Nancarrow in the semi-finals of the German Open here Saturday. Nancarrow, who came m back from a four month suspension to beat second seed
        110 words
      • 76 13 ST PETER PORT, Guernsey Lisa Opie's preparations for the defence of her British Open title were ruined here on Saturday night by her great rival, Martine Le Moignan, in the Guernsey Open semi-finals. The England number one stormed home 9-3, 9-0, 9-0 in 27 minutes to
        76 words
      • 111 13 MONZA, Italy Italian driver Alessandro Nannini had tO'settle for sixth place in a saloon car race on Saturday as he returned to the track for the first time since a horrific' 0 helicopter crash. Nannini, winner of the 1989 Japanese For-" 1 mula One race, had
        111 words
  • Page 13 Advertisements
    • 145 13 DON'T MB IKGMBI Gousmv IN ASIA rac! Golf Asia *92. Definitely a premier event not to be missed by every golfer! GOLF ASIA '92 EXHIBITION Venue World Trade Centre Hall 1 2 Date :26- 29 March 1992 Time 11am 7pm daily (For trad* only 26 Uarcfi -92,11 am spm) 2ND
      145 words

  • Page 14 Advertisements
    • 502 14 v irKfa i -t'O* j. axd/^ J- 0; «lP The Rolex World of Golf. I F^P Silence plays an role The spectators know this. They respect this silence. Especially at that crucial moment of 7 competition its Sunday and on the 18th green. M The two leaders are now engaged
      502 words

  • Page 15 Advertisements
    • 492 15 i* ke Rolex id of Golf ™ii^ was awarded the 1992 Rolex Masters Green Jacket. H It takes 162 separate operations to carve a Rolex Oyster case from a single H block of metal. The Twinlock crown screws onto the body of the Oyster case forming a seal against A
      492 words

  • Page 16 Advertisements
    • 756 16 EMa Nothing Beats A where to wine, dine Restaurant. cuisine vJ^M blend and you. Served midst a continental and graced attentive service. HHMjhaBT JM -Theatre Ikestaurant Certainll\ worth a taste. !■-jIBe: 11 t^fl« A "Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11.30 am
      756 words
    • 292 16 Local Tea Time delights at Chatterbox "■j' every Friday, Saturday and Sunday 3 pm to 5.30 pn. $14.50+ per person $8.50-f -I- per child (below 10 yra) NAfza*** Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00++ per chUd (below 10
      292 words
  • Page 16 Miscellaneous
    • 667 16 TELEVISION AND RADIO TfOVPI trQVPI SBC" 1% 'ZZZWLrco, £JUi BUSINESS ON RADIO A I4VU, LTd-VCI 7.25 Ml g STirr-H.vcGun.Wm IMS Hands BBC, M.9 rata I. VW M NN International 11 Unravel (Stereo). of a Murderer. Crime genius 7.05«1H, 5.05pm, 1.05 am. World 830 CtoM 10.30 Mystary Movies Gideon Moriarty steals
      667 words

  • THE ARTS
    • 764 17  -  E M Forster s novels translate well into film, a fact movie directors have been quick to take advantage of. But some critics would rather they left his books alone. Matt Wolf reports Matt Wolf AP Em forster may not have wanted his novels adapted
      AP  -  764 words
    • 764 17  -  Benjamin Loh on Koh Joo Ann's Saturday night recital Benjamin Loh The writer holds a Master of Music degree. EIGHT years ago, when I last heard Koh Joo Ann, he was still very much an apprentice at the keyboard in the midst of finding his own
      764 words
    • 481 17  -  Andrew Lim reviews the Vienna Chamber Orchestra's all-Mozart concert Andrew Lim LAST year's seemingly endless feast of Mozart bicentenary performances may have caused a few cases of musical indigestion, but by and large, the music of Salzburg's celebrated son continues to whet the appetite for more of
      481 words
  • Page 17 Advertisements
    • 182 17 AND ENTERTAIN 4HHBKTi Prime Rib Op Beef Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. a classic choice for dinner. Dinner time
      182 words
    • 61 17 Studies that work for people at work Part-time Full-time course available! LL.B (Hons) Degree (University of London) Pre-Law (A.E.8.) Certificate/Diploma in Administrative Management (1.A.M.) Diploma in Accounting/Marketing (LCCI) Certificate in Marketing/Sales Management (C.1.M.) Private Secretarial Certificate (LCCI/Pitmans) G.C.E. A' Levels Commerce L." the school others talk about SINGAPORE INSTITUTE OF
      61 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4802 18  -  By William Chia SEVERAL broking houses expect the Singapore stock market to continue its consolidation this week with share prices trading within a narrow band. UOB Securities, in its weekly review, said that the market is likely to open on the defensive today
      4,802 words

  • 3017 19 GE Life 1770 330 22 9% CMB Packaging 585 +45 +8.3% SPH Foreign 1310 30 +2.3% GPB SSI 60 454 18V? +4.1% Robinson 555 H5 +2 8% UOB Foreign 695 +15 +2.2% ICB 505 +13 +2 6% DBS 1140 +10 H)9% OCBC Foreign 1170 +10
    3,017 words
  • Page 19 Advertisements
    • 135 19 [shinel YOUR KFY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035,1 lazel Ong on 740 1"7 on Teleview, which incidentally is the most advanced and company news. Tony C hia on 740 1033. videotex! system
      135 words


  • KUALA LUMPUR STOCK EXCHANGE
    • 5265 21 NST SHARE prices recovered from an early blow to close mixed to firmer in Kuala Lumpur last week. However, the market was generally lacklustre, probably marking time as the March 30 deadline for the close of Tenaga's issue draws near. A broker said
      NST  -  5,265 words

  • BT SHARE INFORMATION SERVICE
    • 883 22 Mi M Last M Yiar Fractit Ml Ret MM EPS mmt .Tar EPS firm prafit taagt taagt Umm PlrW latjr afcg (cte) (VIM) (SSa) (cts) Sanlai F Mar 12 Ok 91 12.6 10 0 44.641(f) 35 2—43.7 13.3—16.5 WC F Mar 12 Dec 91 2.3 7.041L (7.5) —(294)
      883 words
    • 758 22 MM UKMVmt C«QMy PwM Ml Tor EPS Grm M mmmad wta( (ets) pnflt WD* EMS Final Nov 6 W 91 3.0TE 17,8781 CI Ub Final Mar 14 Dec 91 75.6 20 0 36.724 MnFni Final Mar 15 Dec 91 9.3 92.0 151.8(e) Mlml Final Mar 18 Dec
      758 words
    • 133 22 Company Data Yaar Graap Nat Nat aarniap Crass ann ta profit/loss (L) par sHara divMand (•000) (cants) G Securities Mar 16 Dec 91 $1,105(11.691) 2(31) 10(10) Samanda Hldgs Mar 12 Dec 91 MJ6,140(15.464) 17.7(15 7) MTC Mar 10 Dec 91 M$35,404($38.394) 17 5(19) 37 2(37 2) VanderHorst Mar
      133 words
    • 587 22 CMipMy Date Vaar Grmip pre-tax Met eareiafs Cross mh to prelK/less (L) per share dividend ('000) (cants) NOL Mar 21 Dec 91 $64,622(167 866) 11.5(13.2) 5TE(5TE) S Aerospace Mar 21 Dec 91 $33,356($25.031) 7.1(7) 5(5) KHJC Mar 20 Dec 91 $17,614(124.045) 3 8(5) 365(22.5) NatSteel Mar 20 Dec
      587 words
    • 335 22 Company Date Half-yoar Group pro-tax Interim am to profit/loss (L) dtvidood (•••0) Chuan Hup Mar 20 Dec 91 $8,291 (*2.037) 2TE(—) Pan Pacific Mar 19 Dec 91 $2,235(12,374) Wing Tai Mar 19 Dec 91 $13,450($10.190) Boustead Mar 11 Dec 91 ««27.134(J17.900) 7 5(5) Hume M Mar 10 Oec
      335 words
    • 64 22 Mar 19 Two electronics component manufacturers, Venture Manufacturing (S) Ltd and PCI, plan to list on Sesdaq soon. Mar 18 Cerebos Pacific Ltd plans to increase the number of Pizza Hut outlets in Singapore and Malaysia over the next five years as well as to expand its production
      64 words
    • 902 22 Currant Ex Boafcs Date Total lor Total lor payment data doso payable the year last year Astan Ftnd USlOC(b) Mar 10 Mar 20 Mar 30 USIOc US10C A vmo 20c 125*TE Mar 3 Mar 13 May 15 175%TE 12 5%TE BAT 21C 104 8% Apr 9 Apr 22
      902 words
    • 255 22 Company Rights Issue CO. Consolidation of every four shares of HK JO 25 into one share of HKS100 nominal amount Rights issue of fiv*tor-e*ht HKSO 36 per share before consokdabon Ex-date Mar 26 Books dose Mar 26 Acceptance Payment NYA MC8 Hdp One-for ten fe MSI 10 per
      255 words
    • 63 22 Conversion Special Trdg Scripless Conversion deadline Period Trading Company starts (IDP) (ST) starts Centrepoint Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hup Apr I Apr 23 Apr 10 Apr 23 Apr
      63 words
    • 171 22 Kuala Lunpur Tin Fields Bhd: EGM at the PNB Theatrette. 2nd Floor, Menara PNB. 201 A Jalan Tun Razak, ***** Kuala Lumpur, on Tuesday, Mar 24, at 10am Avimo Singapore Ltd: 18th AGM at Valley Room, Shangri-La Hotel, 22 Orange Grove Road, Singapore 1025, on Wednesday. Mar 25,
      171 words
    • 157 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hiflt *****8 (21/2/92) [»2 htft 1545 92 27/1/92) 1992 low: 1232 84 (2/1/92) 1»2 <£65 5^/92 1991 htft: 1333 08 3/6/91) 565 58 <|/6/91> 1991 low: 1022.52 (16/1/91) 1»1 low: ***** (WJ/H) 1990 *****3 (16/7/90) 1990 hfh: 607 12 27/3/%
      157 words
    • 370 22 In local chit la S$ In LSS dy >t dy yr S dy S >t Mar 19 Index chge chge chge chge chge chge World 393.1 0.9 -3.7 0.7 -5.8 0.3 -7.8 $EAFE 474.9 1.3 -5.4 0.9 -9.9 0.6 -11.9 Europe 429.7 -0.1 4.5 -0.6
      370 words
    • 708 22 Tram Registered Substantial Bey/ Shares Aateant Shareholdings Stock Data HaMer Shareholder/Director Sail iavotved Before Ckge After Ckge St Tyres 17/03/92 Wee Kok Wah Wee Kok Wah B 200,000 110,000 15.766.090 32 85 15.966.090 33 26 Keppel Corpn 17/03/92 Street Names Temasek Holdings (Pte) Ltd B 20,000 146,667
      708 words
    • 621 22 Company Rights Issue Manet T«ch One-foione $100 per share Bedford Issue of $175 lm nominal amount of 551 Bank Guaranteed Bonds 1992/97 with detachable transferable subscription rgtvts (TSR) on the basis of one TSR for every four ordinary shares to. M$0195 for each TSR Bolton Issue of $90
      621 words

  • MARKET REVIEWS
    • 710 23 NEW YORK FT IT WAS perhaps fitting that last week was the week that saw the withdrawal from presidential politics of Mr Paul Tsongas, the man who refused to sugar-coat his views on the US economy. A few scattered statistics a
      FT  -  710 words
    • 551 23 AFP SHARE prices fell on the Tokyo Stock Exchange during the holiday-shortened week, with the Nikkei Stock Average plunging below the 20,000-yen barrier. The yardstick of the market, however, closed the week at 20,185.09 yen on Thursday. The market was closed on Friday
      AFP  -  551 words
    • 463 23 HONGKONG Sun Hung Kai Research HONGKONGBANK's proposed merger with Britain's Midland Bank sent the market on a roller-coaster ride last week. The news hit the market on Tuesday evening. On Wednesday, the market was down 100 points at one stage and HSBC fell HK$3 to
      Sun Hung Kai Research  -  463 words
    • 683 23 AFTER starting the week badly, its fortunes plunging in harmony with those of Tokyo, the Australian share market regained some composure by week's end. Nevertheless, the All Ordinaries Index dipped 4.3 points to finish the week at 1,584.1, with the industrials index losing 4.4 to finish at
      683 words
    • 873 23  -  By Ray Heath SOMEWHERE in the shopping centre, suddenly something stirred. A purse clicked open, a credit card hissed across the pay counter. Somebody was buying something! Could this be the consumer revival which Conservative politicians have been forecasting would lead the
      873 words
  • Page 23 Advertisements
    • 122 23 Property developers, valuers and G. consultants, address your 1 I I 11 prospects through 'HOME U U U BUYERS GUIDE', an advertising focus on residential LOCATION properties, home financing and insurance. Gain easy access to them by El 0k If locating yourself here. Home ■1 V Buyers Guide is presented
      122 words

  • WORLD STOCK MARKETS
    • NY stocks rise on hopes for economic rebound
      • Article, Illustration
        1420 24 NEW YORK stocks advanced in choppy trading on Friday as improved prospects for an economic rebound and better corporate earnings helped the market survive the plunge in bond prices. Analysts said the session was dominated by program traders as many investors opted to stay at the sidelines rather
        1,420 words
      • 313 24 Other markets in Europe, South Africa and Canada Johannesburg Mar 20 Rand INDUSTRIALS A Alpha 4100 unch AECI 1025 25 AMIC 8075 125 Abercom 125 Amaprop 650 50 BAZ 1300 Barlows 5600 100 Basil Strk 10 -15 Blyvoor 600 50 CG Smith ***** unch Cnagalo 2725 75 Curfin 725 unch
        313 words
      • Article, Illustration
        815 24 CONCERN that six opinion polls to be released during the weekend will confirm the ruling Conservatives are trailing in the electoral race knocked confidence and share prices in London on Friday. The blue-chip Financial Times 100 index, which rose 2.9 points on Thursday, closed 11 lower at 2,456.6. The
        815 words
      • 327 24 THE Frankfurt share market on Friday withstood the unpredictable impact of the first-ever "quadruple witching hour" in Germany and ended with a gain of 0.7 per cent. Technical factors and strong corporate news had outweighed the effects of the simultaneous expiry of four instruments on the DTB futures and
        327 words
      • 131 24 A BOUT of selling from the options exchange sent most shares into negative territory late on, depressing the EOE index after a mainly firm, Friday session. Dealers said expiry of futures contracts on the options bourse combined with selling from London to knock the EOE index under Thursday's low
        131 words
      • 178 24 THE Paris Bourse ended the week on a weak note on Friday, as the CAC-40 index finished at 1,919.12 points, down 0.15 per cent from the Thursday close in what operators called "dull trading". The indicator had opened with a 0.30 per cent drop. Trading volume was low, at
        178 words
      • 205 24 ITALIAN shares slipped back again on Friday, with virtually only Pirelli and BCI standing out against the trend, as the bourse continued to drift ahead of next month's elections. The MIB closed 0.49 per cent down at 1,008 points with the underlying trend pointing to a loss of 0.40
        205 words
      • 261 24 SWISS shares fell back from early highs to close steady to slightly firmer on Friday. Activity slowed from early hectic trade when expiring Soffex options and futures took prices up to the day's high. Dealers said they were satisfied with the market's performance over the week because it had
        261 words
      • 152 24 SWEDISH share prices closed mixed on Friday on a variety of corporate results as trading remained strong but well below Thursday's record volume. The bourse general index closed up 0.03 per cent at 997.19 in turnover of 830 million crowns, compared with Thursday's record 1.73 billion. Asea and Volvo
        152 words
      • 216 24 BELGIAN shares closed lower in listless trading on Friday, with prices edging down due to a lack of market enthusiasm and rising interest rates, traders said. The Bel-20 index of leading shares closed down 3.65 points to 1,200.89, with trading in Belgian shares worth a modest 740 million francs.
        216 words
      • 297 24 TORONTO stocks floated higher on Friday in late trade to end a session marked by narrow-range trading marginally firmer, dealers said. The TSE 300 officially closed up 3.22 at 3,469.95, ending the week down about six points. Advances led declines 298 to 257 on volume of 29.98 million shares
        297 words
      • 77 24 INDICES TURNOVER NEW YORK Close Previous Mar 20 Dow Jones S& P 500 Turnover (million) 3.276.39 411.30 246.88 3.261.40 409 80 197.31 +14.99 1 50 49.57 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.916.5 2.456.6 5338 1.923.1 2.467.6 478.1 -6.6 •11.0 55.7 FRANKFURT DAX Index 1.736.60 1.724.93 11.67 AMSTERDAM
        77 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 435 25 NEW YORK Reuter NEW YORK The US dollar closed mostly lower after a hectic day which saw it soar to the highest level of the year during the morning only to fall suddenly on news that Iraq had agreed to destroy Scud missile
      Reuter  -  435 words
    • 806 25 ASIAN CURRENCIES AFP HONGKONG Most Asian currencies firmed against the greenback the past week, with gains registered by most except the South Korean won, Taiwan dollar, Malaysian ringgit and New Zealand dollar. Indonesia's rupiah remained unchanged. Japanese yen: The Japanese yen bounced back against
      AFP  -  806 words
    • 353 25 Crass rates Mar 20 I USS SS MS Dm Yen SFr AS NZS USS 1.6610 2.5920 1.6720 133.50 0.5848 1.5160 1.3167 1.8215 SS 0.6020 1.5605 1.0066 80.3733 0.3521 0.9127 0.7927 1.0966 MS 0.3858 0.64 0.6451 51.5046 0.2256 0.5849 0.5080 0.7027 Dm 0.5981 0.9934 1.5502 79.84 0.3498 0.9067
      353 words
    • 525 25 Interbank rates S$ Bid Offer Overnight 2 3/4 3 1-month 3 3/16 3 5/16 2-month 3 1/4 3 3/8 3-month 3 5/16 3 7/16 Overnight mode: 3-3/16 L'S$ High Low 7 days 4 1/8 4 1/16 1 month 4 3/8 4 1/4 2 months 4 3/8 4 1/4
      525 words
    • 589 25 Reuter LONDON The London International Financial Futures Exchange (LifTe) and the London Traded Options Market (LTOM) will combine operations today, after four years of tough talks between the marketplace, exchange officials, the Bank of England and the London Stock Exchange. "We are
      Reuter  -  589 words
    • 362 25 Reuter FRANKFURT Germany's Deutsche Terminboerse (DTB) options and futures exchange said it and the Chicago Board of Trade (CBOT) had agreed that futures contracts on German government bonds (Bunds) would be traded on the CBOT. A memorandum of understanding
      Reuter  -  362 words
    • 394 25 AP, Reuter ISLAMABAD The government over the weekend cancelled the sale of foreign exchange bonds abroad following raids on its bank branches in the United States. The raids were prompted by advertisements in American newspapers announcing that bearer bonds, designated in major foreign
      AP,; Reuter  -  394 words
    • 495 25 BANKS ABN Amro Bank NV 6h ANZ Banking Group 7 Allied Irish Bank PLC 7% American Express Bank 7 Arab Banking Corp 7Vi Arab Bank PLC 6Y1 BFCE 7 Ban Hin Lee Berhad 6*« Banca Commerciale 7 Banco do Brasil 7Vi Bangkok Bank 6*4 Bank Brussels Lambert
      495 words
    • 162 25 COMEX Mar 20 COCD FimJUES (lOOoz) USS/oz Open High Low Settle Change Mar 92 338.20 -0.60 Apr 338.30 339.80 338.20 338 50 -0.60 May 339.50 339.50 339.50 339.50 -0.60 Jun 340.40 341.80 340.30 340.60 -0.60 Aug 343.00 343.40 342.70 342.90 -0.60 Oct 345.30 -0.60 Dec 347.90 349.20 347.70
      162 words
  • Page 25 Advertisements

  • COMMODITIES
    • 407 26 Reuter HANOI Reforms that changed Vietnam from a rice importer to a major exporter have helped produce a record southern spring crop even without fertiliser from the former Soviet Union, Vietnam's Agricultural Minister said last Friday. Nguyen Cong Tan, 57, said that only
      Reuter  -  407 words
    • 274 26 Reuter JOHANNESBURG South Africa's mineral industry faces stiffer competition in international markets unless rising output costs are restrained and productivity improved, the Department of Mineral and Energy Affairs said last Friday. The international competitiveness of South Africa's mineral exporting industry declined
      Reuter  -  274 words
    • 856 26 REPORTS AFP LONDON Gold prices on the London market slumped last week to their lowest level since 1986, as rumours of selling by an East European central bank triggered a wave of selling. Traders in all precious metals watched the South African
      AFP  -  856 words
  • 1185 26 Rubber MS (fob in Mm) S cents/kg Int 1 RSS Mar 16 Close 137.50 1 37.25 Mar 18 1 37.25 Mar 19 1 38.25 Mar 20 1 39.50 MRCLB (fob in Mm) M cents/kg Int 1 RSS Mar 16 2 Mar 17 2 Mar 18 2 Mar 19 2
    1,185 words
  • Page 26 Advertisements
    • 1332 26 #_B_U__S_l NESS TIMES To« fr— TW No 737 0Q43 Fax No; 734 3606 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CARPENTARIA INVESTMENTS PTE LTD (Incorporated in Singapore) (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of CARPENTARIA INVESTMENTS
      1,332 words
    • 26 26 i bought one cm and sold 10,000 sqJL" I f I II till ».n i ,Vn f --'TNI I Call today for results tomorrow. C.A.T.S. 737-1166
      26 words
    • 6 26 Innovation Technology in BT every Tuesday
      6 words

  • 1209 27 e* n*t £TA n*t no CH, n** ETA Fltfrt rn> cnoofi 2040 GA892 0015 O i v\ SV366 1545 SV391 1745 iSZL RJ 182 SQ23 Ml OA 1 1440 0700 1 i/Yl SQ227 RJ 183 GA892 4 1 A/ 2320 0015 |J™ CI92 UW5 SQ418 RA406
    1,209 words
  • THE TRAVEL PAGE
    • 651 27  -  LETTER FROM TURKMENIYA By Elif Kaban WARNING. This fortress is very old and may fall down any moment." Behind the sign stands the majestic Maiden's Fortress, its walls soaring 20 metres into the desert sky, the silence broken only by the sand, drifting in
      651 words
    • 153 27 As at 3pm on Mar 20: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2547 1.2717 Canadian dollar 1.3734 1.4011 NZ dollar 0.9020 0.9383 Sterling pound 2.8270 2.8653 US dollar 1.6570 ***** Local dollars to 100 anils of foreign currency Austrian
      153 words
    • 55 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td April 20- International B.rm.ngham National 4******2888 April 24- International Barcelona. Foirc De (34) 3/423 24 Electrical A Exhibition 28 Motorcar Business Spain Barcetone 16.51 Electronics Centre, 4 Accesson Exhibition Birmingham April 26- International Utrecht, KoninUijke ********** 30
      55 words
  • Page 27 Advertisements
    • 46 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. r We bn Banpe ho Mart to PinaMi.
      46 words
    • 7 27 Advertising Marketing in Business Times every Thursday
      7 words
    • 49 27 Damn right, he's got the blues nn t 0 BUDDY GUY, the guitarist whom Eric Clapton copied, tells The New Paper about his struggles as an unrecognised NEWSY bluesman. [RfflPVSfl And how winning a recent Grammy nmSjl Award crowned 40 years of IUMfI playing nothing but the blues. Mond^toSSly
      49 words
  • Page 27 Miscellaneous
    • 146 27 (14) rent charge (11,4) 23 Opposed to article on Ital--8 International body is uprising (4) 1 Display notice cancelling about to reach agreement c*Tiii!kfiav»e > A i iitiau the performance (4,3) (6) SATUKDAY S SOLUTION 2 ha C v,ng P T a cofd Cd 13 3d d d r nS
      146 words
    • 169 27 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 33.9 Assoc humidity 59% Minimum temperature 25.7 Assoc humidity 96% Hours of sunshine 9.15 Rainfall in mm Nil Rainfall this month 32.5 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Auckland 26/16 Showers Bangkok 34/26
      169 words
    • 26 27 ue OUR U>C GMCN curses HE. CARNS N|U OFfKX. RCRQSS TW£ (1Q UJMCH TiPOC. PINO i souls tv4£.sp>™e TIMC... yfcyi !-A Nsyi 9639 LTD.. I—2-IM2 "isr
      26 words

  • 524 28  -  China's new airport to get go-ahead for international flights From Catherine Ong in SHENZHEN SINGAPORE Airlines (SIA) may fly direct to Shenzhen, in Guangdong province, as early as the end of this year when Beijing gives the green light for international
    524 words
  • 145 28 Reuter BEIJING China is planning a string of 13 more free trade zones along its coast following the successful launch of the Waigaoqiao zone in Shanghai this month, the official C hina Daily said yesterday. Free trade zone applications have already been approved for
    Reuter  -  145 words
  • 437 28 Reuter BEIJING China's call for bold economic reforms over the weekend could mark the beginning of the end for one of the world's biggest experiments with a centrallyplanned economy. Beijing has decided that businessmen, not bureaucrats, will be making more of China's economic
    Reuter  -  437 words
  • 363 28 Bernama BALING Finance Minister Datuk Seri Anwar Ibrahim said over the weekend the government will review the new regulations on car loans which, among other things, have shortened the repayment period to four years. Feedback showed that the new conditions had caused
    Bernama  -  363 words
  • 308 28 AP, AFP KAZAN, Russia Tatarstan's voters rejected an appeal by Boris Yeltsin and voted for independence in a referendum that could stir ethnic unrest in the Russian Federation, according to preliminary results yesterday. About 61 per cent of the voters approved the referendum
    AP,; AFP  -  308 words
  • Page 28 Advertisements
    • 336 28 CHARTPOINT Every Saturday in Business Times NEW ZEALAND SYDNEY HIGH YIELDING INVESTMENTS gjj O JM O COMMERCIAL 111 IU M Sydney CBD $20.5 M Office building #0 O Sydney Chinatown Range $3 M Development site North Sydney CBD $23 M Office building ii.Trm.AT.Aiit. A f l North Sydney CBD $19.5
      336 words
    • 6 28 CHARTPOINT Every Saturday in Business Times
      6 words

  • Shipping Times
    • 458 29  -  By Rahita Elias SINGAPORE Holland's Smit International is further expanding its scope of activities in South-east Asia in the wake of strong economic growth in the region. In line with its aggressive expansion plans, the company last month signed a joint venture
      458 words
    • 348 29 Reuter LONDON The international shipping industry should cut capacity and raise prices to overcome its current depression, a conference heard here. Speakers at a shipping safety symposium stressed the need for scrapping to shrink the oversupplied fleet while asking charterers and end
      Reuter  -  348 words
    • 339 29  -  By Juliette Walker SINGAPORE Hongkong's Eurobox Line Group will begin a containerised service to South America and West Africa this week. The international freight consolidator recently signed an agreement with South Africa's Unicorn Line to provide twice-monthly service to Brazil and
      339 words
    • 213 29 Bernama PORT KLANG A port workers' joint committee has asked the authorities to award the Port Klang secondstage privatisation to an independent party to create healthy competition to Klang Container Terminal (KCT), the first private operator of the port. Chairman
      Bernama  -  213 words
    • NEWS SUMMARY
      • 36 29 SMIT International has weathered the heavy storms of the mid-1980s in one of the industry's worst-ever recessions. Today. it is poised to boost its strengths in traditional areas Page 2
        36 words
      • 41 29 THE Chicago Board of Trade has given the barge freight rates contracts a priority issue. CBOT first vice chairman Dale Lorenzen is expected to talk in Hawaii about the barge and CIF products Back Page
        41 words
      • 27 29 RUSSIAN exports of gas oil from the Baltic port of Ventspils have picked up again after almost drying up. Back Page
        27 words
      • 28 29 SECURITY have been stepped up at Rome's main airport after receiving word it could be the target of terrorists, authorities said Back Page
        28 words
      • 55 29 THE SKIES over the North Atlantic will soon be the scene of a big-time dogfight among global airline superpowers. This will be the first peak summer travel season when lucrative trans-Atlantic routes are dominated from the US side by the Big Three airlines: American. United
        55 words
    • LOG BOOK
      • 86 30 KUALA LUMPUR Malaysia may use Chinese rockets to send aloft Malaysian satellites if the price is right, a spokesman for the Energy, Telecommunications and Posts Ministry said last Friday. "If costs in China are low, we might want to use facilities there if we
        86 words
      • 120 30 GLASGOW, Scotland The world's oldest sailing clipper was raised from the bed of the River Clyde last Saturday and will go on exhibition at a maritime museum. The Carrick. built in 1865 and originally called the City of Adelaide, sank at her moorings one
        120 words
      • 69 30 LONDON The Panamanian bulker Golden Fountain has been seriously damaged in a collision with a sunken freighter off South Korea, Lloyd's Shipping Intelligence said. The 23,222-dwt Golden Fountain hit the Xian Feng, sunk in a collision in January, near Palmido Island last Wednesday. The Golden Fountain,
        69 words
      • 106 30 HANOI Some 9,716 people lost their lives in 7,382 transport-related accidents in Vietnam last year, the weekly Tuan Tin Tuc reported last Saturday. The figures represent a 23.4 per cent increase in the number of accidents over 1990, and a 30 per cent increase in the
        106 words
      • 86 30 SAVANNAH A new minehunter for the US Navy was launched last Saturday. It is a larger version of the Italian ships used to sweep the Gulf for mines during last year's war. The US$BO million (S$ 133.6 million) ship, dubbed the Heron, is the second of
        86 words
    • 832 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      832 words
    • 1254 30  -  Smit International, after weathering the heavy storms of the mid-1980s, is set to further boost its strengths in traditional areas and expand into new ones. Rahita Elias reports Rahita Elias Marinebased Smit International has proven itself to be more than a survivor. The group has weathered
      1,254 words
    • 1179 30 Page Col ABC Containerize 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
      1,179 words
    • 13678 38 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
      13,678 words
    • SHIPS IN PORT
      • 525 45 WM< N» Birth km* Departs j toy No Berth Vnvi Departue Marina Terminal 1 Raiah Brooke 07E P03 2203/1930 2303/1830 Batamindo 1 175S M01 alongside 2303/1900 Sfl N Hua 3 592 P0; 2203/1600 2303/0600 Mekong E»p 1/92 M02 22 03/2300 Thanh Hoa 1 3/92 P03 22 03/1500
        525 words
      • 260 45 johore Port Berth: 1: Johan; 2: Alam Indah; 3; Kota Maju; 4; Alam Aman; 5; Belgorod Dmestrovskiy; 6: ml. Oi jetty: Champwnventure L', Bunga Selasih. DCJ: Belle Coral Due on Mar 20: Bayudoot, Global Mars. Ocean Progress. Santos. Apolda, Barge Josindo Satu. Kota Makmor. Bunga Dahlia. Dim
        260 words
      • 1078 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcinf/Baiance Rslts SMp Voy No Etb/Btr Period From To From ACX Lotus 23A 24 0600 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 ACX Rose 25B 24/0500 1 22/1500 22/1659 22/1900 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400
        1,078 words
    • 1006 46 M»r 24-27: V International Congress of Sea Traffic and Port Handling, Cadiz, Spain. Mar 25-27: International Marine Cargo Claims Seminar in association with Lloyd's Law Reports, The Hampshire Hotsl, Leicester Square, London. Bor further details: Conference Dept. Lloyd's of London Press Lid, One Singer St, London BC2A 4LQ.
      1,006 words
    • 521 46 THE DRY cargo freight market continued to feature a modest strengthening in Atlantic rates in otherwise quiet and stable conditions, brokers said on Thursday. The Baltic Freight Index (BFI) climbed one point to 1,223 with the US Gulf/Continent heavy grain route marked up to U559.96 from USS9.BB while
      521 words
    • 392 48 Reuter CHICAGO Development of barge freight rates contracts at the Chicago Board of Trade has been tagged a priority issue by exchange leaders, said Glen Hollander, chairman of the CBOT's Agriculture New Products Committee. "We would be trading barge freight rates (in per
      Reuter  -  392 words
    • 200 48 AP ROME Rome's main airport has stepped up security after receiving word it could be the target of terrorists, authorities said. "There is information from our Ministry of the Interior about the possibility...of attack by terrorists," said a top police official at Leonardo da Vinci
      AP  -  200 words
    • 288 48 Reuter AMSTERDAM Russian exports of gas oil from the Baltic port of Ventspils have picked up again after almost drying up, a shipper close to the Russian export programme said. "It is better for now but how long will it last? Nobody knows/
      Reuter  -  288 words
    • 412 48 AP NEW YORK The skies over the North Atlantic will soon be the scene of a bigtime dogfight among global airline superpowers. This will be the first peak summer travel season when lucrative trans-Atlantic routes are dominated from the US side by the
      AP  -  412 words
    • 193 48 UPI LONDON Virgin Atlantic Airways and its founder Richard Branson have decided to start libel proceedings in the high court against British Airways and its chairman, Lord John King, The Times reported on Saturday. The lawsuit is the latest development in the friction
      UPI  -  193 words
    • 350 48 NYT LONDON British Airways pic, which has made no secret of its desire to make Berlin a major centre for serving Central and Eastern Europe, said that a new company in which it has a large interest had acquired Delta Air, a German regional
      NYT  -  350 words
    • 205 48 AFP KUALA LUMPUR The state of the Malaysian environment is deteriorating with vehicle emissions identified as the major air pollution source, according to the Department of Environment's just-released 1990 annual report. Vehicle emissions were the major air pollution source, contributing to 74 per cent
      AFP  -  205 words
  • Page 29 Advertisements
    • 304 29 More than a survivor, Pg 2 Like adding value to your products? Our people have ways to help. If your strategy calls for value marketing, talk to transport is Eacßen. Our staff are experienced and locations by feeder. And throughout the journey For more information please contact the people at
      304 words
    • 66 29 THE SPECIALIST IN: Wire Rope Sings e Lashing Hat n r-jflU Om mawnan jm xm A I 'lit FACILITIES e Lifting ]fj|[ WTBUtAIONE SUPPLY CO. (PR) LID. im: mm p im» n& Hceo as mb nub SMvr Cockett Report 2 Container Schedule 17 Daly Fretfrts 18 Inde* 2 Shopmg Gurie
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  • Page 30 Advertisements
    • 108 30 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Notice to Shippers Currency Adjustment Factor A review of ihe first Quarterly 1992 currency values has resulted in a revised downward adjustment of the Currency Adjustment Factor from Singapore/Malaysia. The
      108 words
    • 9 30 Managers Must Manage BT shows you how every Monday
      9 words
    • 68 30 HjBjBHgBBBW! ■II I ki I mM B«TI 1 J [fXU SI I INDONESIAN STATE OWNED STEVEDORE 1 AND PORT SERVICES For all Indonesian main ports including outports B SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Hi Can arrange transfer to any worldwide locations CALL
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  • Page 31 Advertisements
    • 2567 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 AllVl# BOOKINGS TEL: *****34 *****58 ■■lllf TERMINAL/CFS TEL: *****218 220 ITBMMn PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L J PORT KELANG TEL: *****18 FAX *****91 *****88 nTZliri PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service
      2,567 words
    • 1526 31 imuAsci UNITED ARAB SHIPPING CO (SAG) I VESSEL/VOY SIN INYC IBAL lORF ISAV I I «mium m 17/) 1/5 i/j «/s "1/5 I M fUKM 114 t/4 11/J 11 5 14/1 11/5 I I HMII in 4/1 5/4 V 4 I H tmi H 4/5 12/4 14/4 IV4 17/4 I
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    • 1426 31 ■qrimnira NEXT SAILING TO MIDDLE EAST OCEAN BLESSING V.115W ETA SIN 26/3/92 V«SNI Voy ETA ETD Feeder by DESTINATIONS Wortd Lynx/ Mm This wee* Mc-Kinney Mae'sk 9204 24/3 osoo HRS Port CFS 23/3 2359 HRS Kelang Penang OAK LOB HOU MEM ATL MIA CMS BAL PHL NYC MON TOR MC-KINNEY
      1,426 words

  • Page 32 Advertisements
    • 1411 32 ROAM/ VOY NO S PORE JEDDAH S'HAMTON H'BURG ANT LE HARVE KURAMA 15/112 26/3 4/4 18/4 14/4 13/4 HQ!! FRANKFURT EXPRESS 61/312 29/3 15/4 17/4 20/4 21/4 IMI MESTMUM) KASUGA I 20/113 2/4 11/4 25/4 21/4 20/4 Zl, IZ!T. DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 DANUBE 01/114 9/4
      1,411 words
    • 607 32 lEASPAC SERVICE COKTAINCKBV MIAMUU DUECT SOUTH PACFIC SERVICE SIN NOU SUV PPT V PALEMBANG 3301 EB 26/3 7/4 10/4 14/4 "A" VSL 15/4 27/4 29/4 4/5 Transit Time (13) (16) (22) *150 ACCEPTMG CARGO VIA SUVA TO: lAUTOKA, PAGO PAGO. N APIA. NUKUALOFA. P VHA N FASTEST SERVICE TO CUE/PERU
      607 words
    • 1518 32 im REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE «L/VOf SM ALG BCI HAM BRf ROT ANT FQ IHA (VIA (VM (VIA ALG) HAM) ROT) NORASIA SUSAN 9204-3 29/03 17/04 19/04 23/04 25/04 26/04 27/04 27/04 21/04 NORASIA SHARJAH 9205 3 05/04 24/04 26/04 29/04 30/04 01/05 02/05 03/045 04/05
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  • Page 33 Advertisements
    • 1877 33 H STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 ACCEPTS DUE SAILS CARGO SPORE B'KOK RAJAH BROOKE VO7E Muwi lib KK In Port 23 Mtr ESTEEMUEGGE V 03N 25 26 MAR 29 30 MAR STRUTS VENTURE VO7E Muart Ltb. KK 23
      1,877 words
    • 1223 33 SINGAPORE AGENT: T3Xt(| AfltQlflAf P&O Containers (Singapore Agencies) Pte Ltd iXV/ 3 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Tele* RS ***** PNOCSP Fa* 225 5327/222 7517 v CR Number **********0Z EXPORT IMPORT VIIML VOV *PNO 'MO 6IN ALO SOU ANT ROT HAM
      1,223 words

  • Page 34 Advertisements
    • 542 34 Eg™™! CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSi/VOY SPORE ROW* ADAM H'BURG BRtMtN ANTWERP SAJWIIAYA, 34W8 15/4 18/5 23/5 27/5 30/5 AUTAI/25W8 25/5 24/6 28/6 2/7 7/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to inducement. Also accepting cargo (o Casablanca, Port Said, Port Alexandria, Ganoa. Triasta.
      542 words
    • 1352 34 HANJIN SHIPPING FDR VSL SK LK HAUL LSB OAK FDR VSI SM IIM HAUL SAV LM NYC HANJM SEATTLE 0221 22/3 D(tECT 12/4 15/4 FISHGUARD BAY 204N 23/3 H SAVANNAH 031E 30/4 1/5 3/5 HANJM HONGKONG 0331 29/3 (MRCCT 19/4 22/4 HANJM CHIJU 080E 30/3 M PROSPERTTY 021E 7/5 1/5
      1,352 words
    • 1292 34 mM -LN J IJ IJ J ifc IRiwiitmutwiioaiitiwnoiiicHsw nyc ihv wmmmtw w pb as m s«p I l Mot* OMJ4 »/l WJ 31/3 3/4 0/4 7/4 »/4 l»/4 11/4 12/4 24/4 0/5 1/5 S/S H/S 20/S 21/5 22/5 23/5 2/1 12/t li/( 17/ C f eun K 051 31/3 1/4
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  • Page 35 Advertisements
    • 1941 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) jTJ 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 •SB* NEPLINE SDN BHD MALAYSIA
      1,941 words
    • 1057 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURIES: *****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 EASTBOUWD-WSCHWOWS WESTBOUND-LOAOWG TUVCHTTtD WAROTTERDAM wnm ioi |w l»»
      1,057 words

  • Page 36 Advertisements
    • 1557 36 K* vV- AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) w w TEL *****77 TELEX KAWAXIRS23I6S FAX; *****07/B^9 l I r%l M MALAYSIA: 'IT UNE MARITIME (MALAYSIA) SDN BHD JL V JL JL V TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA:
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    • 836 36 PHILI-ORI€NT LIN€S PTC LTD 4% 108 Robinson Road *07-00 GMG Building Singapore 0106 Tel: *****22/*****69 *****00 Tele*: RS ***** FAX: *****76/*****38 Offi BY AIR, LAND OR SEA.... JtSU WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION austtrauajnew zealamd/soutn paofk fculcl ibiwci H 30 MAR SYDNEY
      836 words
    • 434 36 f GOLDEN LINE N V&feV GUAN GUAN SWPMNG \2SO4 (PTE) LTD 23. T«M Ajr« S<rt«t SMGtfOK 0104 TO.: SJ4J9H (10 IMS) Fn *****04 (CI Mi IIimMMM) STHAITS/PEKSIAM CIIU SKKTICE S port P KeUng Penanf MUOI Sl* Colombo Karacfc Out* h P*t GOUKN NOKOt Cakxrto KjfKtx Dubai I'll A* CHINA SERVICE
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  • Page 37 Advertisements
    • 2213 37 SSsPff PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSS m rn mhn 140 CecN street > #03 PIL Building. Singapore 0106. Tel: *****33 USMBB& I ifeAhflKok i VE tEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN BUNOA TEAATAJ 123 24/ I 24/3 Jl/J KOTA SURIA KSR2II 2S/J 28/3 1/4 KOTA
      2,213 words
    • 530 37 EacßenV f CLASS COWKINER TRANSPORT FEEDER VESSEL PENANG PKELANG OCEAN VSL/VOY SIN SOU (1 RTM (2) HAM (3) "GOTM) ANSON/TBN 2Q/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 19/4 20/4 22/4 ANSON/TBN 3/4 4/4 ALSIA 2132 7/4 24/4 26/4 27/4 29/4 ANSON/TBN 10M
      530 words
    • 200 37 MBINTANG MAS SHIPPING PTE. LTD. 39 NEE ROAD SINGAPORE 0208 TEL: *****5S TLX: R*****5 SMMER FAX: *****64 ACCEPTS PORTS OF STORE CARGO DES TWA TONS MNTANG SELAIT VO7E In Pi-23 Mar Dafly Bnrtulu. MM. KBaiatt MERCURY PEARL VOCE 27 21 Mar Daly Dwi, Labun. KK BMTANG SOMA WOK 30-31 Mar
      200 words
    • 318 37 M MYANMA WB* FIVE STAR LINE \T (Myanmar National Line) Loading for Yanjon (Rangoon) Spore PKIf Pen P.Gd| MYOMAYW* VI4OW tn Port SU AVA VII4N In Port SU SM MERGU VI 131 ft 31/2 Apr 27/31 Mar WJWBWBI SEMI-CONTAINER SERVICE YT HEAVY LFT CAPABILITY I EXPRESS TO PAPUA NEW GUNEA
      318 words



  • Page 40 Advertisements
    • 774 40 Indonesia's Agents: Jt ft H Jmndi IH/14 I Kuila Lumpur JXarlaPusat Tel *****91 «8 8108 M (21)36 163//36 1764 21-A Lorong Cempenng. otlJalar Berangan Portkelang Tel *****06/*****06 3rd floor Room XI Soulttern Bank Bhc Building 21 Bex**™ Penano Tei *****1 .c w-i m hi asm nri n J 52: 52
      774 words
    • 670 40 EXPORTS TO HONGKONG, TAIWAN, MANLA JAPAN "TWC£ MEEKLY" MALACCA STRAITS SERVICE ouwowD wrna nw on I»I wl i«s uo in tyo h» an weo mTII vessa wv \m |na rot bm» s» ACT Wg 258 113* 20 3 203 24.3 213 30.3 3.4 4.4 4.4 5.4 ACI HOC 77A 25.3
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    • 630 40 VESSEL VOY JAKARTA SPORE BANGKOK GUAM SATAN OCEANIA EXPRESS 71 MAR 23 MAR 26 MAR 29 OCEANIA EXPRESS 71 APR 02/05 (2NO CALL) APR 13 APR 15 ASIAN ORCHID 14 APR 26 APR 28 MAY 02 MAY 12 MAY 13 ALSO ACCEPTWG CARGO TO (YAP, KOROR. TRUK. PONAPE. KOSRAE, MAAJRO
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  • Page 41 Advertisements
    • 630 41 (jj& FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 *2? HOT LINE: *****33 (24 LINES) GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE VESSEL NAME |VOY NO |EX KOBE |EX OSAKA I ETA SIN BUNGA TERASEK 113 24/03 25/03 02/04 ACX LILAC 3-A
      630 words
    • 1371 41 f£n RICHFIELD MARINE A6ENCIES (S) PTE LTD TEL: *****33 (12 Udm) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnea) IPSA ETHIOPIAN SNIPPING UNES r J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOB SPORE ABYOT 20W8 15/04 DARESSAIAAM MOMBASA D^BOUTi ASSAB MASSAWA NETSANET 26W8 13/05
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    • 313 41 nw-ure VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MM SIN TIGER SPEED 196N In Port 29-31/03 05-06/04 TIGER STAR IIN 29-30/03 05 07/04 13-14/04 TIGER BWPGE 199N 31-01/04 07-09/04 15-16/04 VSL VOY SMGAPORE/CALCUTTA/SMGAPORE VESSEL VOV SIN CAL SIN LHOTSE 419 2S-26/03 02-05/04 11-12/04 TIGER RIVER 147CN8 31 01/04 07-11/04
      313 words

  • Page 42 Advertisements
    • 1540 42 MAC-NELS SPORE SEE PXI PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 PEN PK SIN PEN PK S N 23/3 24/3 25/3 Ldn/Fta/Rdm/Ant oJrtWM Louis 25/3 26/3 27/3 29/3 30/3 31/3 G'burt/C'haftn/S'hoim/Chlo 28/3 29/3
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    • 273 42 blue star line TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS sm m. ml i*t sm PftCMER 17S »/3 7/4 VIA HTI «/4 24/4 MULISH A 27S 1/4 20/4 VIA NPI 22/4 1/5 AUST STAR 051S 21/4 3/5 VIA m. 5/5 21/5 FULLY CONTAINERISED
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    • 1085 42 j&Z THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER CONTAIHER MMVICK SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor j[TA TdESt" VESSEL [vOT I SPOtE
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  • Page 43 Advertisements
    • 840 43 COMPANIA PERUANA OE VAPORES "PERUVIAN STATE LINE" ACCEPTING BAEAKBULK/FCL/SOC CARGOES TO/FROM CAIIAO, MATARAM, 10* OTHER PERUVIAN PORTS* WHT/S AT KOBE ON CPV THROUGH BILL Of LADING. WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL /JAPAN SERVICE ACCEPTMG BREAXBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA, MOJI. TOKYO*. MAMLA*. DAVAO*. Ptrant* t KeUni Srjjpore E'Msia
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    • 223 43 czjz i Misa WE ARE NOW AT 70 SHENTON WAY #07-03 MARINA HOUSE TELEPHONE/FAX/TELEX REMAIN UNCHANGED STAR SHIPPING AGENCIES (S) PTE LTD TEL: *****66 (8 UNES) *****42 (MARKETING) FAX: *****70 (CR NO. **********0-E) IftL 557 NAVIGATION CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG
      223 words
    • 569 43 X l MUITI-MOOE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAM DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IE DO AH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG, JAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANII A. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS, TILBURY ABERDEEN. LE HARVE HAMBURG ROTTERDAM
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    • 541 43 ASEAN/CHINA SERVICES KSSft SGP PK PNG P GUOANG KTN FOR P GU 27/0] OAI lAN QINGOAO Q SHAN 10/04 HtMNGTU SHANGHAI MAORAS/COLOMBO/BOMBAY/KARACHI SERVICES SGP PK PNG TANGOON KTN FOR TH SHAN 23/03 MADRAS COIOMBO I TANG 10/04 MADRAS/COIOMBO SIMGAPORE/HAAORAS/SINGAPORE F CIA CI SERVICES SGP MDS TON 19 20/03 25-27/03 TON
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    • 462 43 SIN Fit EAST 29/3 KEELUNG/KAOHSIUNG 28/3 BANGKOK 27/3 MANILA/CEBU 29/3 JAKARTA/BELAWAN/SURABAYA 27/3 PORT KELANG/PENANG/E. Malaysia 30/3 BUSAN 26/3 TOKYO/YOKO/KOBE/NGO/OSA 28/3 HONG KONG S|N CHUM 28/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUNOPE/UK 28/3 LDN/FLX/LVP/SOU 28/3 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIM USA/CANADA 28/3 LOS
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  • Page 45 Advertisements
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  • Page 45 Miscellaneous
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  • Page 46 Advertisements
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    • 688 46 Advertising Marketing in Business Times every Thursday mnuMcwat&a T V \n BEUING• CHANGCHUN• CHAMGSHA fill V- 111/ VI 'I I I CHENGDU CHONGQING •FUZHOU Iml V II 1/ VI 11 I \GUIUN• HARBIN• KUMMING• XIAN m I Iml > H M 2 I M I NANNING QUANZHOU SHENDU ml h
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  • Page 47 Advertisements
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  • Page 48 Advertisements
    • 98 48 Every Saturday in Business Times 7M#yr w^ /It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is
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