The Business Times, 30 March 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Monday, March 30, 1992 THE BUSINESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • 81 1 KUALA LUMPUR Malaysia has concluded an agreement to buy two British warships costing about Msl billion. Defence Minister Najib Abdul Razak said. Details of the contract to buy the two corvettes would be released soon when the agreement is signed with
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    • 33 1 WASHINGTON President George Bush said yesterday he would unveil a long-awaited package of initiatives to aid the former Soviet Union in a comprehensive speech this week.
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    • 39 1 AFTER a false start in 1988, the Post Office Savings Bank (POSBank) is making yet another push for its new headquarters at Robinson Road, on the site now occupied by the Criminal Investigation Department Page 2
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    • 40 1 IN SPITE of the general decline in purchasing power of the former Soviet republics, the Thai government is moving aggressively to sustain the Russian market for primary commodities and to offer new export incentives Page 8
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    • 38 1 US PRESIDENT George Bush is very concerned about the possible collapse of long-stalled world trade negotiations and would welcome "a political push" to get it moving, says White House spokesman Marlin Fitzwater Page 9
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    • 42 1 THE Singapore property market's industrial sector, traditionally the least glamorous, is poised to enter a new phase basic, conventional factories are making way for high-tech facilities; and occupancy rates are expected to dip by a noticeable margin Page 10
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    • 24 1 A DUTCH financial consultant wants to revive the role of the comprador an intermediary between local businessmen and Westerners. Page 11
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    • 29 1 FROM Wednesday, the Far Eastern Freight Conference (FEFC) will be restructured into three autonomous regional headquarters one each in Singapore, Tokyo and London. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 30 1 INCHCAPE BERHAD has posted an 18 per cent decline in net earnings to $56.55 million, from $68.73 million, for the year ended Dec 31, 1991 Page 3
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    • 37 1 DBS LAND outdid analysts' expectations and turned in a sparkling set of results for the financial year ended Dec 31, 1991. Net earnings jumped to $50.91 million from $30.98 million in 1990 Page 3
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    • 29 1 MALAYAN United Industries' link-up with Innovest Bhd and its Singapore associate, Inno-Pacific Holdings, is being represented by all parties concerned as an ideal marriage Page 3
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    • 30 1 JAPAN'S Cabinet has approved a Bill that would lift a ban on foreigners buying stock in Nippon Telegraph and Telephone Corp, the nation's communications giant Page 4
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    • 31 1 Creditors of property giant Olympia York Developments Ltd (O&Y), struggling to reschedule its debts, gave the company 10 days' grace on loan repayments last Friday Page 6
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    • 34 1 LLOYD'S of London has asked a US court to dismiss a suit filed by 91 Americans, who alleged that the world's biggest insurance market peddled its investments as "riskfree" Page 7
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    • Article, Illustration
      27 1 Friday Change BT-MGA 693.47 -1.16 Kuala Lumpur ....602.71 -1.56 Tokyo 19,636.99 -248.50 Hongkong 5,007.58 -30.13 Sydney 1.576.4 +5.2 New York 3,231.44 -36.23 London 2,447.9 -24.3
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    • 24 1 Exchange rates USS SS 1.6635 100 Yen SS 1.243 MS SS 0.6423 Money market rates Overnight 2 7/8 -1/16 3-montn 3 5/16 unch
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    • 30 1 Rubber S'pore Apr 139.25'/kg unch M'sia Apr 217.50*/kg unch KL Tin Turnover 85 tonnes +45 Spot MS14.25/kg +5 Crude palm oil Turnover 1,287 lots +240 June MS908 /tonne -14
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  • 510 1  -  From William Chia in JAKARTA INDONESIAN conglomerate Dharmala Group intends to beef up its four non-financial listed companies now that it has successfully restructured its financial division. Group president Suyanto Gondokusumo told BT in an interview that this would involve the expansion
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  • 174 1 Reuter TAIPEI Taiwan will abolish the government's monopoly on the oil industry, allowing private companies to operate oil refineries and related businesses, Vice-Eco-nomics Minister Chiang Pin-kung said. State-owned Chinese Petroleum Corp, which now handles all of Taiwan's oil imports and processing, will be privatised, Mr
    Reuter  -  174 words
  • 497 1  -  Pacific Can boardroom tussle By William Chia SINGAPORE The boardroom struggle at Pacific Can Investment Holdings Ltd has intensified with two directors failing to get themselves reelected at the company's annual general meeting last Friday. At the same
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  • 298 1  -  From Loh Hui Yin in HONGKONG THE rapid economic development of China's Guangdong province has given a fillip to the business prospects of a Singapore engineering firm there. It helped turn the tide for Norms Engineering when it secured contracts for
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  • 374 1 UPI, AP BANGKOK Thailand's largest political party has threatened to sue the US over allegations by the American State Department that its leader is involved in narcotics trafficking. Suchart Tancharoen, spokesman of the Samakkhi Tham Party, yesterday called the announcement
    UPI,; AP  -  374 words
  • 193 1 AP BEIJING The government will audit 200 Chineseforeign joint-venture companies this year to assess their efficiency, the China Daily newspaper said yesterday. The report did not say which companies would be targeted. It quoted Li Jianmin of the State Auditing Administration as saying
    AP  -  193 words
  • Page 1 Advertisements
    • 155 1 rJgMgr MADE IN WEST Sole Agent WONG BROTHERS SHOE Tel: 283-3834 Aircraft Schedule 27 Market Reviews 23 Worid News 9 The Arts 17 Money Changer Rates 27 For market indices, editorial. Commodities 26 Money Market 253 advertising and circulation exCompany News 3,4,6 Regional News 8 tensions, call Business Times Cryptic
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    • 86 1 fr k Keppel associate bids for Walled City project, Pg 4 Naturally enthusiastic. Aboard Japan Arknes you quickly sense a genuine who encounter the refreshing hosprtaWty of JAL once, do so enthusiasm on the part of the in-fSght craw. ffseasytosee again and again Welcome aboard Japan A*lmes Where a they
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 60 2 A $10 MILLION EC-Singapore Regional Institute of Environmental Technology will be set up in the second quarter of this year. It will be a joint effort between the Singapore Institute of Standards and Industrial Research (Sisir) and the EC. The objective is to bring
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      • 85 2 THE Pro-Vice Chancellor of the Open University in the UK, Professor Judith Green, will be in Singapore next week to have discussions on starting Open University courses in Singapore, said Education Minister Lee Yock Suan and MP for Cheng San GRC yesterday. He said details of
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      • 68 2 FROM April 1, the topping-up limits under the CPF Minimum Sum Scheme will be raised by 3.4 per cent in line with the increase in inflation last year. CPF members who reach 55 will need to set aside $33,800 instead of $32,700 in their Retirement Accounts.
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      • 62 2 DEPUTY Prime Minister Ong Teng Cheong left on Saturday for an eight-day visit to the UK and other parts of Europe to see how art centres, museums and hospitals are run there. He is accompanied by the Minister for Information and the Arts, Brigadier-General George
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      • 63 2 LIM TEONG QWEE, who heads the law firm TQ Lim and Co, and Mrs Judith Prakash, a partner in Drew and Napier, will be appointed judicial commissioners from next month, the Prime Minister's Office announced on Saturday. This will bring the number of judicial commissioners to
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      • 74 2 ECONOMIC SUCCESS will thrust Singapore increasingly into the international spotlight, and the country will be expected to play a new role and help less fortunate nations to develop. Professor Chan Heng Chee, director of the Singapore International Foundation, made this point at a London School of
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    • 401 2  -  New HQ building needed to centralise various departments By Clarissa Tan AFTER a false start in 1988, the Post Office Savings Bank (POSBank) is making yet another push for its new headquarters at Robinson Road, on the site now occupied by the
      401 words
    • 337 2  -  By Hong Lee Tiam CONVINCED that there is room for growth in the over-the-counter drug business, Guardian Pharmacy, the retail division of Cold Storage (S) Pte Ltd, is opening six new outlets in Singapore and offering franchises for its operations here and
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    • 320 2  -  By Joseph Rajendran SINGAPORE'S information technology (IT) industry sold $2.4 billion worth of computers and telecom equipment in 1991, a 12.1 per cent increase from $2.14 billion in 1990. The Senior Minister of State for Trade and Industry, Mr Lim Boon
      Source: National Computer Board  -  320 words
    • 369 2 TAN LEE HOON has been promoted to Regional Marketing Director of Mattel Toys for the South-east Asian region. She has held various sales and marketing positions during the past four years in Mattel Toys. Ms Tan is a business graduate from the University of Singapore. PATRICK UN has
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  • Page 2 Advertisements
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    • 118 2 "CHAMPION" Wet Deck Overflow Systems Pools-Australia. r- K \Jb- m |B1 K WETDECK adds a new dimension to pool design and performance. The sleek panels, now available in curved formation, are perfect for free-form pools, adding a modern touch of elegance. The skimming performance of WETDECK has to be seen
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  • COMPANY NEWS 1
    • 797 3  -  Fall due to weaker first half when business was hit by Gulf war By S N Vasuki SINGAPORE Inchcape Berhad, one of South-east Asia's oldest trading firms and a major player in the region's automobile market, has posted an 18 per cent decline
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    • 261 3 MBT KUALA LUMPUR Sunchirin Industry (M), a joint venture in Shah Alam between two Japanese companies producing metal fittings for car air-conditioning hoses, plans to seek a listing on the Kuala Lumpur Stock Exchange (KLSE) in the next three to four years. "We
      MBT  -  261 words
    • 794 3  -  HO« By William Chia SINGAPORE Diversified Malayan United Industries' (MUI) link-up with fast food group Innovest Bhd and its Singapore associate, InnoPacific Holdings, is being represented by all parties concerned as an ideal marriage. MUI, which holds an 18 per cent stake in Innovest
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    • 461 3  -  By Sylvia Wong SINGAPORE Property big-wig DBS Land outdid analysts' expectations and turned in a sparkling set of results for the financial year ended Dec 31, 1991. A compilation of analysts' expectations by the Institutional Brokerage Estimates System had put DBS
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    • 507 3  -  By! Schutz Lee SINGAPORE Tat Lee Bank, which reported a 5.8 per cent increase in net profit after tax to $21.16 million last year, is proposing a rights-with-warrants issue which will raise as much as $130 million. This was to support the further
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    • COMPANY BRIEFS
      • 45 3 KUALA LUMPUR Sime Darby and its wholly-owned subsidiaries have entered into agreements with Hasting Deering Corp to buy the assets employed in the Caterpillar dealership business in Australia's Queensland and Northern Territory, Papua New Guinea and Solomon Islands.
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      • 52 3 KUALA LUMPUR Malaysia Resources Corp (MRC) has mutually agreed with the East Asiatic Co (M) to terminate the sale and purchase agreement for the Teluk Kurau plantation. The two parties were unable to complete the accord dated May 22, 1991 because relevant approvals had not yet
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      • 67 3 KUALA LUMPUR Sanda Plastics reported a 20 per cent rise in after-tax profit to M 52.10 million (551.36 million) for the year ended Dec 31, 1991 despite an 8.14 per cent drop in turnover to MS 18.14 million. Consequently, earnings per share fell to 22
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      • 81 3 SINGAPORE Harimau Investments Ltd, the closed-end investment company of the OCBC group, has returned to the black. The company yesterday reported group after-tax profit of *****,000 for 1991, up from a loss of *****,000 in 1990. As a result, net tangible asset per share rose
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    • 354 3  -  By Joseph Rajendran SINGAPORE The San Teh group has proposed a bonus issue of one share for every existing 10 shares on the back of a 44 per cent increase in net earnings. The Sesdaq-listed rubber components supplier increased its net earnings
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    • COMPANY BRIEFS
      • 100 4 BANGKOK The state-owned French petroleum company Total has been chosen as a joint venture partner in a USS24 million (Ss4o million) project to produce and distribute lubricants in Thailand, it was reported on Saturday. The state-owned Petroleum Authority of Thailand (PTT) will take a 70
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      • 63 4 HONGKONG American electronics giant Motorola Inc will build a US$l2O million factory in northern China to produce semi-conductors, cellular phones and other products, company officials and official Chinese news reports said on Friday. Pancy Wu, a Motorola spokeswoman in Hongkong, said Motorola (China) Electronics
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      • 82 4 BANGKOK Australian producers of float glass and artificial sweeteners have filed a complaint charging that subsidised products from Thailand are being dumped in their markets, causing severe damage to domestic producers, The Nation reported on Friday. Thai Asahi Glass Co and Bangkok Float Glass Co
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      • 60 4 HONGKONG Leather distributor Hop Ying International Holdings intends to raise HK$4O million through an issue of 50 million shares comprising 40 million new shares and 10 million old shares, reported South China Morning Post on Friday. The 40 million new shares will be offered at
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    • 210 4 TOKYO A flagging mainframe computer market and tough price competition combined to slash IBM Japan Ltd's current profit by 32.9 per cent last year. International Business Machines Corp's Japan unit said last Friday that its current profit was 103.52 billion yen (SSI.3 billion)
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    • 395 4 Cabinet approves Bill lifting earlier ban AP TOKYO Japan's Cabinet approved a Bill last Friday that will lift a ban on foreigners buying stock in Nippon Telegraph and Telephone Corp, the country's communications giant. The Bill would allow foreigners to hold a
      AP  -  395 words
    • 287 4 HONGKONG Hong-kong-listed Sun Hung Kai Properties has reported an impressive net interim profit growth of 106.8 per cent to HK52.67 billion (SSS7I million), triggering upward revisions on the company's profit forecast for the full year. The South China Morning Post reported that
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    • 483 4 But after PAL sale, only a few more government-owned firms are likely to be sold AFP MANILA The Philippine government is on a lastminute selling binge before President Corazon Aquino steps down in June, rushing a privatisation programme that has grossed US$2 billion
      AFP  -  483 words
    • 543 4  -  From Loh Hui Yin in HONGKONG THE Keppel group is vying for the job of tearing down the infamous Kowloon Walled City slum, the first time explosives will be used to demolish housing in the British colony. The HKSIOO million (5521.4 million)
      543 words
    • 598 4 Reuter SEATTLE The Seattle Mariners said they were working last Friday to reach a final agreement in principle to sell the baseball team to a Japanese-led investor group, pending final approval of major league baseball owners. The president of Nintendo Co of
      Reuter  -  598 words
    • COMPANY BRIEFS
      • 95 6 BERLIN The Federal Carte! Office said it was currently in talks with Krupp AG and Hoesch AG ahead of their planned merger in July. Silvio Malitius, chairman of the steel and automobile industry section, said the cartel office was concerned about their
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      • 76 6 LOS ANGELES Two producers of the film "Batman" filed a lawsuit against Warner Brothers over the movie, claiming they were cheated out of their share of the profits. In a suit filed against the Time Warner unit in Superior Court in Los Angeles, producers Benjamin Melniker
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      • 117 6 BRUSSELS The chief executive of Belgium's largest retailer, GIB SA, said consolidated operating profit in the year to Jan 31, 1992 will be the same as the 4.56 billion francs (S$ 1.34 billion) in the previous year. Diego du Monceau said at a news conference that
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      • 93 6 LONDON Ghanaian gold miner Ashanti Goldfields Corp Ltd said 22 per cent of its 1992 output has been hedged at around US$375 (*****) per ounce through forward selling and use of options. But Ashanti managing director Sam Jonah refused to be drawn on future hedging
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    • 247 6 Property giant faces long, complicated international negotiations Reuter TORONTO Creditors of property giant Olympia York Developments Ltd (O&Y), struggling to reschedule its debts, gave the company 10 days' grace on loan repayments on Friday at the start of what may prove to be
      Reuter  -  247 words
    • 294 6 Reuter NEW YORK Shareholders do have the power to cut the pay of executives whom they think get too much just ask Rand Araskog, chairman of ITT Corp. ITT confirmed last Friday that Mr Araskog had his compensation sliced by a third in
      Reuter  -  294 words
    • 403 6 Reuter MILAN Italian clothing group Benetton, whose recent advertising campaign featuring a dying Aids patient sparked controversy, has reported sharply higher 1991 profits and raised its dividend by 20 per cent. Share analysts said the results released on Friday were better than expected and
      Reuter  -  403 words
    • 228 6 Reuter PARIS French stock market regulator Conseil des Bourses de Valeurs (CBV) said it approved a 1,700 francs (*****.50) per share bid by Nestle SA and Cie de Suez unit Indosuez for all the shares of Source Perrier SA. The CBV also said
      Reuter  -  228 words
    • 468 6 The Economist PARIS After several months spent in battling Nestle, a Swiss food group, for control of Source Perrier, a French producer of sparkling water, Italy's Agnelli family has had enough. Last week Giovanni Agnelli, the head of the Italian
      The Economist; Source: The Economist  -  468 words
  • Page 3 Advertisements
    • 240 3 NEW INVESTMENT BUSINESS Uhh Singapore 14-15 May 1992 Westin Stamford Unique opportunity to identify and ensure success of potentially lucrative projects/businesses in Vietnam: Meet Senior Officials from 9 Key Ministries in Hanoi,whose approvals are needed to do business in Vietnam. Meet Senior Executives of 10 Leading State Enterprises in Hanoi
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  • Page 4 Advertisements
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 796 6 < HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1991 The Board of Directors of Harimau Investments Limited wishes to announce the audited results of the Group and the Company for the year ended 31 December 1991:1991 1990 IncweMEHcr—•■) COMPANY GROUP
      796 words
    • 208 6 Canada's banks do well despite recession, Pg 7 FFishJ&a'92 The Asian Aquaculture Amp Fuhcihis Exposition ...the mega fisheries exposition in Asia and experience the world of opportunities in fisheries, aquaculture, seafood, ornamental fish, leisure fishing and more, all under one roof from 26 -30 Oct 1992 Hall 4,5 &6 World
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  • FINANCIAL NEWS
    • 390 7 Insurer argues that case should have been brought in London Reuter NEW YORK Lloyd's of London asked a US court to dismiss a suit filed by 91 Americans, who alleged that the world's biggest insurance market peddled its investments as "risk free,"
      Reuter  -  390 words
    • 277 7 Reuter TOKYO Two Nikko Securities shareholders are demanding that current and former executives of the Japanese brokerage reimburse the firm for millions of dollars paid out to favoured clients as compensation for investment losses. I wane Asai, a lawyer and one of the two
      Reuter  -  277 words
    • 297 7 AFP, Reuter HONGKONG Japan's Dai-Ichi Kangyo Bank Ltd, one of the world's largest banking institutions, has opened a branch office in the south-eastern Chinese coastal city of Xiamen. The semi-official China News Service said last Saturday that the Japanese bank chose Xiamen
      AFP,; Reuter  -  297 words
    • 448 7 Economist TORONTO Olympia York's debt troubles have dented shares in Canadian banks exposed to the property giant. Yet the striking thing about Canada's banks is how well they have been doing. Despite a worse recession than America, Canada's six. biggest banks reported record combined
      Economist  -  448 words
    • 584 7 Bank expected to face tougher competition in medium term AFP KUALA LUMPUR A bank that pays no interest to its depositors and makes them share its losses has found a niche in Malaysia and made enough money to be listed on the local stock
      AFP  -  584 words
    • 548 7 AFP, Reuter PARIS France's Cie Financiere de Paribas will be hit by hefty provisions again this year because of the poor economic outlook for companies in France and Britain. Chairman Andre LevyLang made the disclosure at a news conference last Friday to
      AFP,; Reuter  -  548 words
    • SMALL CHANGE
      • 107 7 NEW YORK An advisory group formed after the collapse of the Bank of Credit and Commerce International has recommended, in a report scheduled to be issued yesterday, a series of state and federal changes to tighten the regulation of foreign banks
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      • 108 7 BANGKOK Union Bank of Bangkok president Piyabutr Chonvijarn has asked for more time to negotiate with the rival shareholding faction in the bank on a long-delayed plan to increase capital. But the Finance Ministry, which has a 7 per cent stake in the firm,
        108 words
      • 56 7 SYDNEY Commonwealth Bank of Australia said last Friday that chief general manager retail David Murray will replace Don Sanders as managing director when Mr Sanders retires in June. Chairman Tim Besley said Mr Murray joined the bank in 1966 and was financial controller before becoming
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      • 88 7 WASHINGTON US Federal Reserve governor Wayne Angell favours raising the minimum capital requirements for banks, but says he would not want to do so immediately. "For the long run, I would favour risk-adjusted capital ratios of 10 or 12 per cent at the bank," he
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      • 99 7 PARIS Six banks have formed a syndicate to manage a two-billion-franc (SSS9O million) grain credit for Russia, marking a step towards making the credit available. Banking sources said last Friday that the credit would probably not be available until April, when Russia was expected
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      • 62 7 BERWYN, Illinois Former directors of Olympic Federal Savings Association of Berwyn, including US Agriculture Secretary Edward Madigan, are under investigation in the collapse of one of Illinois' largest thrifts, according to a report published last Saturday. Mr Madigan was a director of Olympic for seven years
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  • Page 7 Advertisements

  • THE REGION
    • 386 8  -  From John Helmer in MOSCOW IN SPITE of the general decline in purchasing power of the former Soviet republics, the Thai government is moving aggressively to sustain the Russian market for primary commodities and to offer new export incentives. Russian and Thai
      386 words
    • 717 8 South China Morning Post HONGKONG The strength of Hongkong's economy last year was reflected in the encouraging figures released over the past month by some of the territory's leading companies, say analysts. Sun Hung Kai Securities senior manager Percy AuYoung said: "It
      South China Morning Post  -  717 words
    • 266 8 South China Morning Post HONGKONG In a bid to boost Asian investment in France, Datar, the French government's regional development and foreign investment agency, has opened a branch office here. "In the past few years we have experienced a growing economic interest
      South China Morning Post  -  266 words
    • NOTE BOOK
      • 87 8 TAIPEI Over 70 Taiwanese lawmakers have petitioned their government to revoke diplomatic immunity and other privileges granted to Australian representatives in Taiwan, local media said yesterday. The lawmakers, led by Chang Shih-liang of the ruling Nationalist Party, also called on state-owned Taiwan Power Company
        87 words
      • 93 8 DHAKA Myanmar's junta chief General Saw Maung in a message to Prime Minister Khaleda hoped that the "friendly ties" with Bangladesh would continue to develop, the official BSS news agency said on Saturday. "I hope that the existing warm and friendly ties between the two
        93 words
      • 103 8 BANGKOK The World Food Programme (WFP) has stockpiled enough food in Cambodia to feed 180,000 returnees for three months once repatriation from refugee camps in Thailand begins this week, the UN agency said on Saturday. It said WFP so far has stockpiled 9,000 metric tons of
        103 words
      • 86 8 LONDON Hundreds of Hongkong citizens have been targeted for arrest by Chinese government security forces and could be rounded up for questioning when the British colony reverts to Chinese rule, according to a report in Britain's Sunday Express newspaper. The paper said the information
        86 words
      • 59 8 SEREMBAN Negri Sembilan will actively develop seven viable small industries and have their products marketed locally and overseas, Mentri Besar Tan Sri Haji Mohamad Isa Abdul Samad said yesterday. He said district offices in the state had been instructed to identify one small industry each in
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  • Page 8 Advertisements
    • 1356 8 Q DBS LAND I DBS LAND LIMITED I (Incorporated in the Republic of Singapore) qqbqbdbddhsbdbbbh h The Board of Directors of DBS Land Ltd wishes to announce that tie audted results of the DBS Land Group for the year ended 31 December 1991 are as fotiows: H Company Group 1991
      1,356 words

  • THE WORLD
    • 543 9 US seeking political impetus to tackle issues Reuter, AP WASHINGTON US President George Bush is very concerned about the possible collapse of long-stal-led world trade negotiations and would welcome "a political push" to get it moving, said White House spokesman Marlin Fitzwater on
      Reuter,; AP  -  543 words
    • 169 9 Reuter BRUSSELS European Community governments have agreed to make antidumping duties on imports of polyester yarn from Turkey, Taiwan, Indonesia, India and China permanent. EC officials said last Friday that the decision was finalised by EC ambassadors last week and would be
      Reuter  -  169 words
    • 370 9 Reuter WASHINGTON THE US government has grossly underestimated the number of jobs lost early in the recession, raising questions about the depths of the economic downturn, say analysts. Job losses during the first year of the recession were about 67
      Reuter  -  370 words
    • 221 9 Reuter LONDON British manufacturers have reported a slight improvement in orders in March but expect output to remain flat in coming months, says the Confederation of British Industry's Trends Inquiry for March. While orders improved marginally in the March survey, they
      Reuter  -  221 words
    • 321 9 Reuter GENEVA Canada has accepted an adverse report by a dispute panel in a Gatt subsidies case, setting a precedent which could affect a more significant dispute between the US and European Community over support for the Airbus consortium. "It was
      Reuter  -  321 words
    • WORLD WATCH
      • 75 9 TOKYO Ninety-five out of 100 top Japanese corporate leaders surveyed think Japan's economy is getting worse, and half expect no recovery this year, according to a poll by the Asahi Shimbun newspaper published yesterday. Of the 95, it said, 16 thought the pace of
        75 words
      • 78 9 MOSCOW Russia is backing down on plans to balance the budget in the first quarter of this year, according to a draft parliamentary resolution released on Friday. The plans propose a first-quarter deficit of 67.5 billion roubles (551.07 billion at the central bank's rate). The government
        78 words
      • 66 9 SEOUL South Korea's gross national product grew 8.4 per cent in real terms last year to reach US$2BO.B billion (***** billion), the Bank of Korea said in a provisional estimate last Saturday. The per capita GNP, meanwhile, stood at U556,498, according to a central bank
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      • 80 9 WARSAW Polish President Lech Walesa begins a fourday official visit to Germany today in search of German investment for Poland. His aides said last Friday that the visit should close the door on years of mutual "distrust and unfavourable prejudice" and open an new era of
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  • Page 9 Advertisements
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  • ANALYSIS
    • 946 10 The Economist WHEN the voters of South Korea went to the polls on March 24 many of them were angrier than the government had realised. Instead of the easy victory for the ruling Democratic Liberal Party in the National Assembly
      The Economist  -  946 words
    • 1304 10  -  Tilian Ang examines the trends in the local property market's industrial sector Lilian Ang THE local property market's industrial sector, traditionally the least glamorous, is poised to enter a new phase. Basic, conventional factories are making way for high-tech facilities, as the
      Source: KFCB Research; Source: JLW Research, December 1991  -  1,304 words
    • 1051 10 The government of Prime Minister Kiichi Miyazawa, himself a Todai graduate, wants to broaden tne base for bureaucratic recruitment Asahi News Service JAPAN'S government is now pressing the notion of a quota to limit the number of graduates of elite Tokyo University within
      Asahi News Service  -  1,051 words
  • Page 10 Miscellaneous
    • 53 10 DOONESBURY BY GARRY TRUDEAU &YY>fwiuiu* VuBfVM) TH£ OPPOSmON R£- OPZXATIN6 OUT OF The MJHTTE f House, THt%£ *TTACK MONKS U^/ I EJ^ e T/^v^rr/ FOK SHORT-ACRACKWAM OF HAV&O&&I6GN&RAJING ABAWONR? JACKPOT/ LWABASe COMHAHDOS CHfifiOV MM DATA FOR NEGATIVE APS POMPSTfC PCUCY TALKING tfTV^' I MTHPt66tht6UFPmONTH£. FOKCMRA Y£AR! s OFFtCSS... A*£g£V PROOAOU-
      53 words

  • ENTERPRISE & MANAGEMENT 1
    • 1142 11  -  S N Vasuki talks to a Dutch financial consultant who wants to revive the role of the comprador an intermediary between local businessmen and westerners. S N Vasuki HE styles himself a modernday "comprador", a phrase and profession that has fallen on hard times since
      Picture by Christopher Loh  -  1,142 words
    • 864 11 Forget the pep talk, here are three simple steps to get your desk organised FT WHEN you get to the office in the morning, do you make yourself a cup of coffee and start sorting through a pile of papers? "I must ring X
      FT  -  864 words
    • 872 13 The new president and CEO of Mitsubishi Corp is a Harvard man, sending ripples through Japanese business circles. Will ne be able to use his cosmopolitan outlook to help mend US-Japan ties? Meet Mino- m ru "Ben" e> Makihara, ki the newly ra
      872 words
  • Page 11 Advertisements
    • 38 11 The Brochures Specialist To Call 312 -wmmmmmmm Corporate Brochures Product Leaflets Promotional Flyers Annual Reports fjj BROCHURES PTE LTD I (So*C'4*M dry'VO" OH CO'TWHUTWHOPiI DESIGN COPYWRITINC PHOTOGRAPHY PRINTING IJgl Pearl Bank #01-01 s.ngapore 0316 Tel 227 3138 I
      38 words
    • 430 11 Bill Davidson ■PH 2020 Vision New Business Principles for the s afl Information Economy Friday, April 24, 1992 200pm 5.30 pm Collyer An Opportunity Not to be Missed In his first ever public lecture in Singapore, we have a unique opportunity to listen to the co author of 2020 Vision,
      430 words

  • Page 12 Advertisements
    • 133 12 Most Airlines Go To The Local Wine Dealer For Their Pick-Me-Up Drinks. We Go To The Remote Island Of Kanghwa. Champagne, red wine or white? Most airlines can't offer you very much else when your body aches for a little stimulation towards the end of that long flight. But ask
      133 words

  • Page 13 Advertisements
    • 2143 13 NANYANG FINANCE LIMITED AND ITS SUDSIDIARY COMPANY BALANCE SHEETS AS AT 30 SEPTEMBER 1991 unquoted shares at cost ——■Mjwpr OTHER MVESTMEITl CURRENT ASSET? Statutory deposit wilh the Monetary Authority ot Singapore loan and hire purchase debtors Trade debtors Other debtors Deposits with financial institutions Cash and bank balances Deposits and
      2,143 words

  • SPORTS
    • SIDE LINES
      • 85 14 MANILA Indonesia clinched its Davis cup tie against the Philippines 3-1 yesterday after an injured Roland So withdrew in the second set. Top Indonesian player Benny Wijava beat So 6-4, 3-0, (ret), after one hour and 10 minutes of play to win their Asia-Oceania
        85 words
      • 108 14 SUZUKA, Japan Honda's rising star Michael Doohan ot Australia proved he will be the man to beat on the world 500 cc motorcycle tour as he swept through rain to win the season-opening Japanese Grand Prix here yesterday. The 26-year-old took over the lead from American
        108 words
      • 85 14 CRAWLEY, England Allison Fisher struck a blow for women's snooker here on Saturday night when she beat men's number six Neal Foulds 5-3 to score her first win in the Matchroom League. The five-time women's world champion, in her first season in the league, was bottom
        85 words
      • 67 14 HOUSTON Bjorn Borg has changed and so has the game he left nine years ago. Wooden rackets are obsolete and the courts are faster. Or is Borg just slower? "I can still move pretty good," Borg said following a workout at the River Oaks Country
        67 words
    • 386 14 France struggles to stay in Davis Cup quarterfinal AP NIMES. France Guy Forget and Henri Leconte rescued France on Saturday at least for a day. They rallied from a twoset deficit to beat Jakob Hlasek and Marc Rosset in doubles and cut Switzerland's lead to 2-1 in
      AP  -  386 words
    • 283 14 AFP SAN DIEGO. CaliforniaDennis Conner sailed a "masterful" raee to take Stars and Stripes to a two minute. 27 second victory over Bill Koch's new yacht Kanza here on Saturday in the semi-fi-nals of the America's Cup defender trials. A jury upheld the
      AFP  -  283 words
    • 243 14 AFP PONTE VEDRA, Florida Nick Faldo fired a bogey-free 67 here on Saturday to take a one stroke lead after three rounds of the Tournament Players Championships as world number one Fred Couples shot a course-record 63. Couples, who barely made the cut, had
      AFP  -  243 words
    • 271 14 AFP OAKLAND. CaliforniaOlympic champion Kristi Yamaguchi took the lead after the original program here on Saturday as the women's competition began at the world figure skating championships. Yamaguchi set herself up to retain her world title. She was followed by 15-year-old Chinese skater Lu
      AFP  -  271 words
    • 198 14 AFP NAIROBI Spain's Carlos Sainz established a seven minute lead over nearest rival Jorge Recalde of Spain during an incident-packed second stage of the Safari Rally on Saturday. The Toyota Cclica driver, the 1990 world champion looking to get the title back
      AFP  -  198 words
  • Page 14 Advertisements
    • 53 14 THE NEW RAPE? OGWK92 All 20,000 eyes-a-roving, 4,000 girls-a-giggling, 6,000 hunks-a-sweating, 10,000 butts-a-swaying, 20,000 legs-a-kicking, and you lying in bed? Look out for the Entry Coupon in the newspapers. UlMxn .WculTMr OfTKulPnn* HUM. Cffclul Snort r®«l "l*™" o*o*C~ tOIMfN" tis&t IM cKKS mmum SONY ssubaru EPSON' lUitSei i n soroMc
      53 words
    • 4 14 EPSftN ."'Hill'', EPSON SINGAPORE
      4 words

  • Page 15 Advertisements
    • 226 15 mmmmmmmmmrn mwmtmmmmA mmm »,:V>:- -.v.. .V- v. I vo- >/Av't^V;f#££l^ 3 ™KE. lluw immmimm PAR,S ;ItiiiS®MS s ■■■mXI'MMI wmmmmsmMtm §mmm m wmmmm mmmmmmmrn mmmmm Jt~** s\\v v//V'.\,» i, *N v .<> > >9|| ',v««»V# AVf ii<*y'«* /wi'7t»/CI »v J# "> T W-» A> v r By/,vlt| AV///y!aSSr 1 I»0 •>
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  • Page 16 Advertisements
    • 633 16 Nothing Beats A Bud. n nr EiWU ur HEKWh A Feast DAILY SPECIAL Mon Superior Shark's Fin with Seafood 22.00 (per person) Tue Braised Whole Abaione with Oyster Sauce $16.00 each Wed Steamed Live Baby Lobster 5.00 100g Thu Steamed Sultan Fish with Ginger 4.*****0g Fri Sauteed Geoduck Clam 5.00
      633 words
    • 235 16 WHERE TO WINE, DINE... HONG KONG FOOD FESTIVAL From 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: Slo++ (lunch fit dinner) Plaza Hotel Cafe Plaza authentic Thai Buffet spread
      235 words
    • 298 16 <c^ f A- Yb' 'sr &r?& (W/- fyznsh 7^ Carumba! All the best dishes of Spain are right here at Top of the M. Each guaranteed to make your day an ole day! r A la carte Spanish Buffyt UyiKh Continental dinner IQO April 1-30 nightly from Of tHf Noon
      298 words
  • Page 16 Miscellaneous
    • 639 16 TELEVISION AND RADIO T T J Ar 1 ~SBCI2 S Ho, so, Qu, 1% SCSI BUSINESS OH RADIO Under A skies ?«**twn*z?n.^ r -a. ma m w 7.30 CNN International (L). comes to Sydney lor help m 7.05 am, 1.30pm, 5.05pm, l W»n. I^ V J> g.30 Close. When his
      639 words

  • THE ARTS
    • 578 17  -  Julie Chatterjee meets violinist and composer L Subramaniam Julie Chatterjee Forty-something violinist L Subramaniam, who performed yesterday evening at the World Trade Centre, is a musician who believes in contributing to a cause. Indeed, yesterday's benefit concert was given to raise funds for the Singapore Indian
      578 words
    • 632 17  -  Ever wondered what happened to sultry Italian actress Gina Lollobrigida? John Follain caught up with her just as she was completing work on her latest piece of sculpture John Follain Reuter GINA Lollobrigida took a step back, put down her tools, and beamed. The huge clay
      Reuter  -  632 words
    • 574 17 Delft ceramics, which began as copies of Chinese blue and white ware in the 17th century, are now plagued by Far East imitators Reuter He HOLDS UP a slender blue and white vase and sniffs disdainfully. "See this, this is just a shoddy copy," says Herman
      Reuter  -  574 words
    • 528 17  -  Andrew Lim reviews last Friday's concert by the Singapore Symphony Orchestra Andrew Lim MOZART's Symphony No. 36 in C. K42S "Linz" expresses majesty and grandeur in its first movement, heartfelt poignancy in the second, a joyous dance in the third, and youthful exuberance in the fourth.
      528 words
  • Page 17 Advertisements
    • 244 17 AND ENTERTAIN d§rill O '■MHI HUH/-' Prime Rib Of 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
      244 words
    • 71 17 BartMquU FWungDudT" /3/92 ComptimetHary Birthday Cake (Boofcioq 24J*sjnji<Wanc«)^^^^^p| Lobster Salad with Fresh Frwt Red Fish *fSoya Bean Crumb H Shark's Fin w/Stvedded Ch» Bean Curd in Surfing Plate H Abakme Sea Cucumber Fried Prawns wfDned Red Chit I®| H Deep Fred Crispy Cheken Braised Noodes w/Shredded (kick H| (Jaiy Dessert
      71 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4344 18  -  By Chew Eng Han THE Straits Times Industrials Index ended 2.95 points higher last week at 1,438.76, after a week of see-saw trading. The STII started the week on a soft tone as it dipped below the 1,430 level initially on Monday, but
      4,344 words

  • 2881 19 GE Life I860 +90 +5.1% Asia Pacific 1090 30 2 8% Semb Shipyard 775 +25 +3.3% City Dev 50« 384 +24 +6 7% OUB 472 +22 +49% CAC 625 +15 2.5% SPH 860 +15 +1 8% Spore Bus 500 630 +15 +2 4% FAN 990
    2,881 words
  • Page 19 Advertisements
    • 139 19 Shi-el YOUR KEY TO BETTERBUSEMESS DECISIONS! I Shine is Singapore Press Holdings'inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally the most advanced and company news. or Tony Chia videotext system in the world. subscription
      139 words

  • 3349 20 II Leong Ind 5C 575 +45 +8.5* Uniphone Tel 269 +21 +8.5% Oriental llldgs 625 +15 +2.5* Bolton 165 +13 +8.6% PMRI 50* 200 +13 +7.0% Hume M 380 +10 +2.7% NST 350 +10 +2.9% IGB Corpn 50* 125 +9 +7.8% Sime Darby 50 s
    3,349 words
  • Page 20 Advertisements
    • 284 20 are Risk-Avcrse?^^^^^ Will Their Gamble Pay Off? Tn 1/1 fl ft Til £1T Banking, garment manufacturing, hotels I qKiTIIL 1 IIC II Singaporeans are fearlessly plunging into the lUlYlllW 1 VAI Cambodian economy and taking part in its rebuilding. But they face an uneasy peace, primitive infrastructure and legal minefields.
      284 words


  • BT SHARE INFORMATION SERVICE
    • 674 22 Mi M latMVHr hncat Mi M MM W ■Mi tar IPS Ctm pnO ta* t—m hM Mf M (TIM) (SSa) (cto) Spat UP F Mv 12 Ok 91 12.6 10.0 44.641(f) 352—43 7 13.3-16.5 m F Mv 12 Dk 91 2.3 7,0411 (7.5) —(29.4) (07)—(29) MM M| F
      674 words
    • 160 22 Ciap—y Data V«r 6rwp Ptot PM unhp 6ms m to pram/toM (L) par start JMfcta ('CM) (cmIS) Centos Feb 13 Sep 91 $45.623j($38,911) 148(128) 236H(30TE) KL Keponf Feb 13 Sep 91 M$64.883($62,895) 153(14.8) 15(15) NST Feb 10 Au| 91 *$55,298(59.064) 30 9(33) 20(20) Asm Pacific ton 24 Sep
      160 words
    • 415 22 Timtip Bate Year «tm» pre-tax MrnhfilrMi mm t> prallt/lMt (L) par start flvMaatf ('•Of) Esso Mar 27 Occ 91 M$157,855(M8103.955) 38 6(27.2) 30(30) Sel Properties Mar 27 Oct 91 M$16,891(M$9,186) 2.7(1.4) 3(2) Tom Meng Mar 27 Dec 91 8689(8578) 5.2(4.8) 5(-) SNP Mar 27 Oec 91 15,758(16.834) 9(13.2)
      415 words
    • 177 22 M* 24 Heshe HokSnf* Pte Ltd, subsidiary of First Capital Corporation Ltd, has won approval for a listing on the Stock Exchange of Singarpore. Mar 23 Tenaga Nasional Bhd may act as a venture capital company to provide financial backing to businesses involved m the manufacture of power
      177 words
    • 1141 22 Carrwt Ex Mis Mi Mrf far Trtal far mmat Mi cfaM payaMa Km jmt last ywr Asean FM USlOC(b) Mar 10 Mar 20 Mar 30 US 10c US10C A«m 20C 12 S%TE Mar 3 Mar 13 May 15 17 5%TE 12 5*TE BAT 21c 1048% Apr 9 Apr
      1,141 words
    • 593 22 Cwwpawy Rights Iww Mwo Tech One-tor-one 3 II00 per share MM Issue of $175 lm nomral amount of 5 5% Bank Guaranteed Bonis 1992/97 witt detachable transferable subscnpbon njhts (TSR) on the basis of one TSR tor every lour ordrary shares ICQ 195 tor eacft TSR Baton Issue
      593 words
    • 641 22 HIM LntMtar Capav Mi M tar EK firw M Md M* W P« Mp (snm BB Rial Nov S Jul 91 30TE 17,8781 Ub Final Iter 14 Dec 91 75.6 20.0 36,724 Mb Mm FM Mv 20 Ok 91 42.1 57.0 229.8(a) T«M FM Mv 20 Die
      641 words
    • 410 22 Ci—mt Mi NaK-yMr Imp pretax totortoi mm to pr«flt/toM (I) <Miw< fill) Airrtek Ei* Mar 27 Dec 91 $5,661 (14,920) 6(6) Metal Ctamers Mar 27 Dec 91 S147l(S2.316L) Eu Yan Sang Mar 27 Dec 91 $1.109($445) MSB Mar 23 Oec 91 M$2,109(M$10,256) L&M Mar 23 Dec 91 15,7621(11.131)
      410 words
    • 671 22 Tram kfMm< Safctteatial lay/ Na. rf kmrnrnt SfcaiaMMtag Stock Ma HaMar ShartkaMar/Mmtcr SaN slum Bafert Alter SPC 23/03/92 COP-OBS Nommees (Pte) Ltd MNO HoMmp (Pte) Ltd S 7,000 19,887 132,382,476 41.37 132,375,478 41.37 LAM 23/03/92 Slreat Names GutHne Mfg (S) Pte Ltd B 8,000 13,200 12,072,000 1805
      671 words
    • 257 22 Company Wghts Htm CO. Consokdabon of every tow scares of HMO 25 into one store of HKS100 nominal amount fojMs issue of five-tor-e<frt HKJ0 36 per share before consokdabon Ei-date Mar 26 Books dose Mar 26 Acceptance t Payment WYA MCI IMp One-tor-ten MSI 10 per store Ei-date
      257 words
    • 63 22 Conversion SjwM Trig Scriptew Conversion deadline Period Trading Compno) starts (IDP) (ST) starts Cenoepoint Mar 30 Apr 21 Apr S Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai San Hap Apr I Apr 23 Apr 10 Apr 23 Apr
      63 words
    • 339 22 First C*** Corporation Ltd; EGM at 20 Coltyer Quay, #11-01 Tung Centre, Singapore 0104, on Monday. Mar 30, at 9.30 am Samanda Hott*s Bhd: 2<)tti AGM at 10th Floor, Wtsma Central, ialan Ampang, ***** Kuala Lumpur, Malaysia, on Monday, Mar 30, at 4pm Autoways Hokfc* Bhd: 3rd AGM
      339 words
    • 166 22 RECORD HIGHS LOWS BT Composite Indei K ST liKtesI ,1,1, nin inoe 1545.92 K (27/1/92) 1992 ft* 1316.68 (21/2/92) 1992 ft* 1992 Imr *****4 (2/1/92) 1992 Imt 1429.65 (9/3/92) 1991 ft*: 1333.08 (3/6/91) 1991 ft* 1565.58 (3/6/91) 1991 1nr 1022.52 (16/1/91) 1991 Inr 1149.08 (16/1/91) 1991 ft* 1435.43 (16/7/90) ******
      166 words

  • MARKET REVIEWS
    • 861 23  -  LONDON By Ray Heath THE British election squabble moved on last week, and share prices moved on down once more. The hustings have degenerated to the point where rational argument if there is any is drowned by cheap rhetoric,
      861 words
    • 681 23 ►tfOIIQtCCIKQ Sun Hung Kai Research WITH the announcements from the Cheung Kong, Jardine and Swire camps, the corporate reporting season has now reached its close. Hurt by Cheung Kong's delay in profit booking, Hutchinson's earnings decline and Jardine Strategic's plan to
      Sun Hung Kai Research  -  681 words
    • 1042 23 THE Australian share market fell for the fifth week running, but a modest rally last Friday limited the downward trend, brokers said. The main market indicator, the All Ordinaries Index, closed the week at 1576.4, a loss of 7.7 points. It has fallen 45.1 points since Feb
      1,042 words
    • 325 23 AFP BLUE CHIP stocks slipped last week in New York as traders waited to see if quarterly corporate earnings would reflect an upturn in the recession-battered American economy. The Dow Jones index of 30 leading industrials ended the week at 3,231.44, down 44.95
      AFP  -  325 words
    • 447 23 AFP SHARE PRICES plunged to a five-year low on the Tokyo stock market last Friday due to investor disquiet over Japan's slowing economy. The Nikkei Stock Average of 225 blue chips finished the week at 19,636.99 yen for a 548.10-yen or 2.7
      AFP  -  447 words
  • Page 23 Advertisements
    • 64 23 t t; >s *i t *1 I IF YOU'VE GOT TELEVIEW mm IH^hhb FOR KNOCKOUT INFORMATION ON SINGAPORE PRESS HOLDINGS' INFORICH DATABASE Local Financial News M Stocks Shares k Hf|k^o^k Food, Entertainment 8r Shopping A Education 111 Travel Vacation Planning -J Fashion Beauty Sports 8f Health Singapore Press Holdings Electronic
      64 words

  • WORLD STOCK MARKETS
    • Dow slips on general pessimism
      • Article, Illustration
        1538 24 A BROAD sell-off tied to investor concern over the economy, corporate profits and weakness in the high-technology sector sent stocks plunging in choppy trading in New York last Friday. The Dow Jones Industrial Average, which rebounded 8.28 points a day earlier, nose-dived 36.23 points to 3,231.44 its lowest
        1,538 words
      • 508 24 Other markets in Europe, South Africa and Canada Johannesburg Mar 27 Rand mum A Alpha 4150 +50 AECI 975 10 AMIC 8400 100 Abercom 125 Amaprop 700 unch BAZ 1300 Barlows 5800 unch Basil Strk 10 10 Blyvoor 580 20 CG Smith ***** +50 Cnagalo 2750 unch Curfin 735 5
        508 words
      • Article, Illustration
        877 24 NERVOUSNESS about the outcome of the upcoming election kept share prices subdued on the London Stock Exchange last Friday, with little corporate news to raise sentiment. The blue-chip Financial Times 100 Index, which gained 7.3 points on Thursday, slid 24.3 points to close at 2,447.9. The narrower FTSE-30 Index
        877 words
      • 208 24 GERMAN shares ended a disappointing week last Friday with a further 0.4 per cent slide, leaving many traders cautious about the maiicet's likely next moves. The 30-share DAX Index ended down 7.57 points at 1,711.45, its lowest close since Feb 20. Hopes last Friday that the DAX could head
        208 words
      • 130 24 DUTCH SHARES closed lower last Friday with Wall Street's opening losses aggravating the session's slight downward bias in the last hour of business, dealers said. The EOE Index finished down 2.22 points at 302.76. In a lacklustre market, overall turnover remained low throughout the day with the exception of
        130 words
      • 230 24 FRENCH share prices ended lower last Friday in a technical market driven by index arbitrage as the end of the month approaches, dealers said. The CAC-40 Index, closed 15 minutes later than usual after technical problems at the bourse, 11.21 points or 0.58 per cent lower at 1,923.54 on
        230 words
      • 207 24 THE Italian bourse's attempt at a rally last Friday was squashed by the weak performance of insurer Generali and the market drifted to close unchanged overall in continuing thin trade, brokers said. The MIB All-Share Index closed at 978, ahead of the end of trade on the screen-based telematic
        207 words
      • 136 24 SWISS SHARES closed lower on moderate turnover last Friday. Dealers said banks and insurers suffered from rising money market rates and a weak bond market while mild profit-taking on recent gains hit industrial blue chips. The all-share SPI index fell 4.4 points to 1,133.3 and the SMI index of
        136 words
      • 142 24 BUILDING and property companies were in demand but could not lift the general index after an early fall last Friday, and brokers said there were no strong factors in either direction. The bourse's general index had fallen 0.14 per cent to 994.56 and the top-16 index by 0.52 per
        142 words
      • 290 24 HEAVY LOSSES in Tokyo, London and New York led to a drop of nearly one per cent on the Toronto stock exchange last Friday, dealers said. "The markets came down today mainly from technical pressures," said Don Vialoux, vice-president of research with Richardson Greenshields of Canada. Weakness in IBM,
        290 words
      • 73 24 INDICES TURNOVER Mar 27 Cloae Previous NEW YORK Dow Jones 3,231.44 3,267.67 -36.23 SAP 500 403.50 407.86 -4.36 Turnover (million) 166.14 176.72 .10.58 LONDON Financial Times 30 1,914.9 1,938.3 -23.4 FTSE 100 2,447.9 2,472.2 -24.3 Turnover (million) 507.3 527.7 -20.4 FRANKFURT DAX Index 1,711.45 1,719.02 -7.57 AMSTERDAM EOE Index 302.76
        73 words
  • Page 24 Advertisements
    • 30 24 The Brussels and Johannesburg market reports were not available Innovation Technology in Business Times every Tuesday The Vienna share prices were not available. Advertising Marketing in Business Times every Thursday
      30 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 417 25 NEW YORK NEW YORK The dollar ended over IV2 pfennigs lower on Friday despite US economic data that suggested robust first quarter economic activity. Traders said the dollar's failure to break above key technical levels after initially rising on the data left chart
      417 words
    • 785 25 ASIAN CURRENCIES HONGKONG Asia-Pacific region currencies had a mixed week against the US dollar, although there were more gainers than losers. While the Japanese yen, Indonesian rupiah, Taiwan dollar and South Korean won lost ground to the greenback, the Australian, Hongkong, New Zealand and Singapore
      785 words
    • 380 25 Cross rates Mar n USS SS MS Dm Yen SFr AS NZS USS 1.6650 2.5890 1.6650 134.20 0.5818 1.5180 1.3072 1.8165 SS 0.6006 1.5550 1.0000 80.6006 0.3495 0.9117 0.7851 1.0910 MS 0.3862 0.64 0.6431 51.8347 0.2247 0.5863 0.5049 0.7016 Dm 0.6006 1.0000 1.5550 80.60 0.3495 0.9117 0.7851
      380 words
    • 521 25 Interbank rates S$ Bid Offer Overnight 2 7/8 3 1-month 3 3/16 3 5/16 2-month 3 5/16 3 7/16 3-month 3 5/16 3 7/16 Overnight mode: 3-1/8 US$ High Low 7 days 4 7/16 4 1/4 1 month 4 5/16 4 3/16 2 months 4 5/16 4 3/16
      521 words
    • 522 25 Reuter CHICAGO The Chicago Mercantile Exchange (CME) this week will begin to reconsider its controversial offfloor large-order-execution (LOX) programme in stock index futures after a sixmonth trial run failed to inspire a single trade. "We're going to re-evalu-ate the entire thing beginning as early
      Reuter  -  522 words
    • 375 25 Monetary growth and labour unrest seen as obstacles Reuter J FRANKFURT Germany's powerful central bank has quashed hopes of an early fall in the country's interest rates. "Discussion in Germany about a cut in interest rates is completely without foundation," Johann Wilhelm Gaddum, a member
      Reuter  -  375 words
    • 383 25 Reuter NEW YORK The Philadelphia Stock Exchange has said a transaction of French franc options with an underlying value of US$5.2 billion (SsB.7 billion) executed last Friday is the second largest deal ever on the exchange. The transaction consisted of one part of buying
      Reuter  -  383 words
    • 495 25 BANKS International Bank (S) 6Vj Internationale Nedcrlanden ABN Amro Bank NV 6H Ban N y $y 4 9^J P Istituto Bancano Allied Insh Bank PLC 7tt San Paolo Dl Xonno 7 American Express Bank 7 Kansall.s-Osake-Pankki 8Y1 Arab Banking Corp 7% Keppe Bank (S) 6 Arab Bank
      495 words
    • 127 25 COMEX Mar 26 oou>nmwcs(ioooz) uss/oz Open High Low Settle Change Mar 92 341.00 -0.10 Apr 340.70 341.60 340.50 341.10 -0.20 May 342.00 -0.20 Jun 342.70 343.50 342.40 343.00 -0.20 Aug 345.00 345.50 345.00 345.20 -0.30 Oct 347.20 348.00 347.00 347.50 -0.30 Dec 350.00 350.40 349.80 350.00 -0.30 Feb
      127 words
  • Page 25 Advertisements

  • COMMODITIES
    • 326 26 AFP ABU DHABI Gulf Arab states are aiming to boost their share of the world's aluminium output to 10 per cent by the year 2000 as part of efforts to diversify sources of income. The six Gulf Cooperation Council (GCC) nations
      AFP  -  326 words
    • 415 26 Reuter VIENNA The heads of the Iraqi and United Nations delegations, discussing conditions for a resumption of Baghdad's oil exports embargoed since its invasion of Kuwait, met privately last Friday to try to bridge basic differences. Small groups of specialists
      Reuter  -  415 words
    • 879 26 REPORTS LONDON The coffee and cocoa markets remained cautious last week over prospects of new mechanisms being introduced to support world prices. Cautious sentiment kept prices weak on both markets. President Fernando Collor de Mello's announcement last Thursday that Brazil would support
      879 words
  • 1125 26 Rubber HAS (hk h bdw> S cents/kg Int 1 RSS Close Mar 23 ...141.25 Mar 24 141.25 Mar 25 140.75 Mar 26 139.25 Mar 27 139.25 WWEll in talw) M cents/kg Int 1 RSS Close Mar 23 215.00 Mar 24 217.00 Mar 25 217.50 Mar 26 217.50 Mar 27
    1,125 words
  • Page 26 Advertisements

  • 1117 27 CMj FBgfcl ETA Fight ETB City Fight ET* FMgM CTO cu«<; 1545 SV391 1745 Ma MmM GA892 0015 I2?5 5-j2f mi 212° SSr 53 i55 RJ182 1440 RJ183 2320 08Ti 2325 WfWfcil» MH631 1520 MH630 0950 «SS §536 2230 K-toL-P-r MH629 0020 MM02 0700 AacttMi NZ25
    1,117 words
  • THE TRAVEL PAGE
    • 670 27  -  LETTER FROM PARIS By Barbara Rosen LOST your passport in Pakistan? Call the consulate. Need a doctor in Denmark? Try the consulate. Run out of cash in Colombia? Well, how about American Express? Like most questions concerning a government's duty to its citizens, especially those
      670 words
    • 153 27 As at 3pm on Mar 27: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2658 1.2850 Canadian dollar 1.3812 1.4095 NZ dollar 0.9051 0.9234 Sterling pound 2.8462 2.8847 US dollar 1.6580 1.6650 Local dollars to 100 units of foreign currency Austrian
      153 words
    • 93 27 Duration Title Venue Organiser Tej Duration Title Venue Organiser Tel April 26- International Utrecht. Konmkl.jke ********** Ma> 4-7 Offshore United States USA-Richardson. (1)214/*****72 30 Food Exhibition Netherlands Nederlandse Technology US Jaarbeurs onference Apr 28- Zimbabwe Bulawayo. Zimbabwe 263-9/***** May 5-7 5th Furopean England Langfords Intl 0044/*****6250 Mav
      93 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Know Earopa bom Mart to ftmh.
      45 words
    • 24 27 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      24 words
    • 45 27 The other side of Monica Seles v J| player on her mind, her her rumoured pregnancy and, of course, her tennis magic. Plus, pictures of off-court Monica you've never seen before. I Todoy. By lunchtime NEW, NEWS, NEWSY From lunchtime Monday to Saturday jJptipCr ——-—i
      45 words
  • Page 27 Miscellaneous
    • 283 27 7 Titbit to make a dog happy by teatime (5,4) 8 Works the unwary may get H caught up in (S) PL-H 10 Duet 1 composed following ho I I I 11 a sober frame of mind (8) LhJ U 11 Sort of effort brings success to fielders (3-3) 12
      283 words
    • 163 27 Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 34.1 Assoc humidity 66% Minimum temperature 26.2 Assoc humidity 89% Hours of sunshine 3.40 Rainfall in mm 9.2 Rainfall this month 41.7 Rainy days this month 6 World report Asia-Pacific Hi/Lo* Cond. Auckland 22/10 Clear Bangkok 33/02 Cloudy
      163 words
    • 56 27 cross Reo WOU'PE; Time oß<"faG i I UGI«TS...GO DOU3N owe ITO I WAT S^yJ J u>cvy STfeOCTS "VC LOROMG W"" —s u)pw- R'Deon Tv»e /C, ,4 p^\€TTGNT IN /IRps I k fe* r^j r\, W au. Tat\fcl U sr v >> RV OF T 0 jy^&W-_ PKOOV/T CVCLC, CO\jg<£gS... J
      56 words

  • 431 28 But it may be resumed if Indonesian leadership changes AFP THE HAGUE Dutch Foreign Aid Minister Jan Pronk says he sees no prospect of fresh aid from the Netherlands to Indonesia so long as the current leadership is in power in
    AFP  -  431 words
  • 196 28 Reuter, AFP TOKYO Japan's ruling Liberal Democratic Party won its first by-election this year in a hard-fought race in north-western Japan yesterday. The scandal-plagued LDP, defeated in by-elections in January and earlier this month, won both seats at stake in Gunma, a rural
    Reuter,; AFP  -  196 words
  • 205 28 AP PHNOM PENH The Phnom Penh government announced yesterday it was launching a military operation against Khmer Rouge guerillas, setting back UN efforts for a ceasefire in Cambodia's embattled north. The announcement came on the eve of a UN operation to repatriate some
    AP  -  205 words
  • 241 28 Reuter MOSCOW Moldovan President Mircea Snegur imposed a state of emergency throughout the country last Saturday and urged Russianspeakers there to abolish their self-proclaimed republic and surrender. In a decree broadcast on Kishinyov radio, Mr Snegur said Moldovan security forces would "liquidate and disarm
    Reuter  -  241 words
  • Article, Illustration
    28 28 TAIPEI Wang V ung-ching, 76, chairman of the Formosa Plastics Group, Taiwan's largest private industrial conglomerate, taking part in a skm run marking Youth Day yesterday.
    28 words
  • 349 28 NYT UNITED NATIONS After voicing opposition to a plan to impose Security Council sanctions on Libya, China has been warned by the United States, Britain and France that it will risk losing US trade preferences and seriously damage its relations
    NYT  -  349 words
  • Page 28 Advertisements
    • 359 28 CHARTPOINT Every Saturday in Business Times NEW ZEALAND SYDNEY HIGH YIELDING INVESTMENTS 10% 14% I COMMERCIAL I Sydney CBD $20.5 M Office building OFFICE BULDMG Wellington CBD Sydney Chinatown Range $3 M Development site BANK MAJOR TENANT Bank occupies 7of 14 levels North Sydney CBD $23 M Office building Remainder
      359 words
    • 6 28 CHARTPOINT Every Saturday in Business Times
      6 words

  • Shipping Times
    • 359 29  -  NOL director to head new rate agreement committee By Dexter Lee SINGAPORE The Far Eastern Freight Conference (FEFC) has decentralised its operations to make it more flexible in its response to changing shipping conditions around the world. From Wednesday, the ocean carrier grouping will
      359 words
    • 262 29  -  From Jimmy Yeow in KUALA LUMPUR THE intra-Asian shipping trade is expected to continue growing at a strong rate this year, said a Malaysian shipping agency. Perkapalan Balisa manager Elizabeth Wong said the strong investment climate, coupled with the growing in-ter-regional trade,
      262 words
    • 226 29 Reuter AMSTERDAM The envi-ronmentally-conscious Dutch, with a centuries-old tradition of seafaring and shipbuilding, have come up with a greener alternative to the diesel-driven ship one that runs on natural gas. The vessel is one of the pleasure cruisers that ply the waterways
      Reuter  -  226 words
    • 175 29 Reuter MADRAS Ships were evacuated from Madras port in southern India on Friday after a merchant vessel caught fire while at anchor, harbour officials said. Fire broke out in a cabin of the 13,762 tonne Vishva Madhuri. owned by the statecontrolled Shipping Corporation
      Reuter  -  175 words
    • 1195 29 Pmge 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
      1,195 words
    • 333 29 Reuter AUCKLAND Shares in Port of Tauranga Ltd will be offered at NZSI.OS each, allowing the public to hold about 44 per cent of the company, the offer's prospectus said. The offer of 32.63 million shares comprises 20 million shares
      Reuter  -  333 words
    • 355 29 UPI SUBIC BAY US officials said that the third drydock at the naval base here was scheduled to be towed this June before the onset of the rainy season. The United States hauled its second and largest floating drydock
      UPI  -  355 words
    • NEWS SUMMARY
    • LOG BOOK
      • 144 30 BRUSSELS European Community transport ministers moved toward an agreement to open up EC's shipping sector from the beginning of next year, EC officials said on Friday. "We have been able to move much closer to a final compromise," one official said,
        144 words
      • 114 30 MEDAN The international sea-cable telecommunication network in the Malacca Straits linking Medan and Penang is frequently disturbed and broke down because of ships disregarding navigation rules. Ardhin Ichwan, general manager of PT Indosat, the state-owned telecommunication company said that the company did not rely on the sea-cable
        114 words
      • 97 30 BONN Germany has ordered a ship carrying military vehicles and tank components to Turkey to tum round, official sources said here on Friday. The ship has complied with the order, sources added. Meanwhile, the Defence Ministry was trying to prevent another vessel, flying the Turkish flag,
        97 words
      • 80 30 LOS ANGELES Prosecutors said on Friday they have filed charges against Chevron Corp for five alleged violations of state environmental laws stemming from a March 1991 spill of 79,500 litres of oil. The Los Angeles County District Attorney's Office said it has filed charges against
        80 words
      • 120 30 BRUSSELS Belgian Dredging International NV said it won three dredging contracts worth a total of 2.44 billion Belgian francs (S$ 118.3 million). The main order is for a project in Ecuador's main port city Guayaquil to dredge and redevelop the land around housing built
        120 words
    • 1147 30  -  Last year was an eventful and exceptional year for the Singapore sea-air cargo industry. Traffic was sharply reduced with the Gulf War ana depressed economy. But the signs are still good, says Ang Thian Chin, provided that rates remain competitive Ang Thian Chin The writer is
      Source: Civil Aviation Authority of Singapore  -  1,147 words
    • 784 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
      784 words
    • 10726 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. LEGEM) PN: ship calls at Penang after
      10,726 words
    • SHIPS IN PORT
      • 402 45 twgl Wo Berth km* Py*** Vnul Voy No Barth Arm* Dapartw Marina Terminal 1 Sambawang Terminal BatamBaru B137 M04 30 03/0900 3103/2300 Ikan Talang 11S S03 alongsde £.03/000 Batam Mam *****2 M05 30 03/1000 3103/0500 5 90 S02 atojpdte 29 03/ 400 9atam Sayar* *****2 M05 30.03/1000
        402 words
      • 1654 45 w m m [313 u *11u CONTAINERS IN PKOGKt55 u Containers a vaiaUe 9* Voy No Cantainars a vliable Yangfangkou 169 00.00 92 0000 ACX Ruby 488 COO(EST) 2903.92 2300 ;Tncotof Son LS1232 2803.92 0258 Wana Bhum 566 COO(EST) 29 0392 1500 Spore Glory 203N 28 03 92
        1,654 words
    • 982 46 Sept 15-16: Asia-Pacific Digital .Cellular Mobile Communications, organised by IBC Technical Services Limited at The .Mandarin Singapore. For further details please contact IBC Technical Services at tel: 071-637-4383 or fax: 071-631-3214. Oct 13-16: Seatrade Asia-Pacif-ic Cruise Convention, otgan•ised by Seatrade. The event will take place at The Westin
      982 words
    • 936 46 FREIGHT rates remained under pressure as fixing activity was unremarkable except for active time-charters and key routes looked weak, dry cargo brokers said on Thursday. The Baltic Freight Index drifted seven points lower to 1,204, showing losses on nearly* all panamax routes. Cargill fixed 58,000 long tons on
      936 words
    • 541 48  -  From Shirish Nadkarni in BOMBAY INDIA'S growing air travel market has not only caught the attention of airline companies, but also of the major aircraft manufacturers. Both Boeing and Airbus have been eyeing the burgeoning Indian travel market longingly, and the former
      541 words
    • 370 48 Reuter MADRID Spain's new high-speed train is a technological beauty but as far as the rest of Europe is concerned, it's on a line to nowhere. When the sleek white "Bird" is formally inaugurated on April 20, it will run a super-fast shuttle
      Reuter  -  370 words
    • 187 48 AP MANILA The Philippine Coast Guard has arrested five Taiwanese fishermen in Philippine waters west of Manila, a Navy spokesperson said. Cmdr Reuben Lista, spokesperson for the Philippine Navy, said the Taiwanese were arrested while fishing off Santa Cruz town in Zambales province, about
      AP  -  187 words
    • 576 48 Pilots threaten strike as plan seen as hazardous AFP BRUSSELS Aircraft pilots in western Europe are getting ready for a fight over efforts to make them work longer hours as air transport competition hots up, pilot organisations said here on Thursday. The
      AFP  -  576 words
    • 166 48 Reuter MANILA Philippine air traffic controllers on Saturday threatened a work stoppage that could disrupt about 1,000 international and domestic flights daily. Paul PilapiL, president of the Philippine Air Traffic Controllers Association, said more than 300 members would carry out "a mass action possibly
      Reuter  -  166 words
    • 408 48 Reuter OSAKA A new Japanese airport rising out of the waters of Osaka Bay will be an instant success, full to capacity as soon as it opens and overtaking Tokyo's main airport at Narita as the biggest in Japan.
      Reuter  -  408 words
  • Page 29 Advertisements
    • 20 29 Ums mhl Mrvtos rtprMMtMl ky Mwtiw «f Um Registry «f Hww^M(sb^oV*l VV^^/i For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      20 words
    • 290 29 SHIP LASHING MATERIALS SPECIALIST jf| MINTERMARINE SUPPLY GO (PTE) LTD T«l: 265M33 (10 Uwt) Far. *****77 I Someone dose has beeniving Your son in Canada is studying for some years. «"?<**<* I2ShSSf KMMsfl want him The Straits Times close to home Weekly tells it better. -with news (Hemi^it from home.
      290 words
    • 28 29 Cockett Report 2 Container Schedule W Daily 18 Index 1 Slipping Gurie 10.11 Slips m Port 17 Singapore fides W Transport Diary 18 Weather and Sea Conditions 17
      28 words

  • Page 30 Advertisements
    • 148 30 1 INDONESIAN STATE OWNED STEVEDORE K AND PORT SERVICES M For all Indonesian main ports including outports K SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Bk Can arrange transfer to any worldwide locations PcALL HOTLINE: S'jSS FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on
      148 words
    • 58 30 NOTICE NOTICE M.V. GRACE OAK Voy.2 Arrival Dale: 22/03/92. Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 31/03/92 PTIO, 0900-1200 hours. No further survey will be entertained thereafter. AGENTS: "K" Line Kinkai Boustead Shipping Agencies (A Division
      58 words
    • 6 30 Read Chartpoint in BT every Saturday
      6 words

  • Page 31 Advertisements
    • 2114 31 Ihipping Times, Monday March Si Ittt OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 mill## I BOOKINGS TEL: *****34 *****58 Iffnnn I TERMINAL/CFS TEL: *****18 220 COOOJ H I PESAKA JARDINE SHIPPING AGENCIES SON. BHO LVflflf J PORT KELANG TEL: *****18 FAX: *****91 *****88 I 0 PENANG TEL:
      2,114 words
    • 1107 31 I Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times L£JUASC| UNITED ARAB SHIPPING CO (SAG) VEBSEL/VOV SIN NYC BAL I QWF 18AV I m mam n* urt M ii/s "iirt I mmm n a/4 2/! i/« s/i v* I (WIN »/5 U/l IV*
      1,107 words
    • 1446 31 ■onaiia NEXT SAILINGS TO USA MAJESTIC MAERSK V.9204 ETA SIN 7/4/92 SEALAND EXPRESS V.172E ETA SIN 6/4/92 VMMi Voy ETA ETO Feeder by DESTINATIONS World Lynn/ Mm This *Mk Matte Matrlk 9204 I CY 31/3 0800 HRS Port CPS 30/3 2358 HRS Kalang Penang OAK |IQB HOU MEM ATL MIA
      1,446 words

  • Page 32 Advertisements
    • 1269 32 VOY NO S PORE JEDDAH SHAMTON H'BURG ANT LE HARVE KASUGA I 20/113 2/4 11/4 25/4 21/4 20/4 ■BQ3S X DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 L JOOBMMI DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 M«t HUM ft KHMK LUDWIGSHAFEN EXPRESS 01/314 12/4 29/4 1/5 4/5 3/3 ri«finTniM
      1,269 words
    • 606 32 lEAIFAC SERVICE COHT AMBUS M MIAMULK DWECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT •A" VSL 15/4 27/4 29/4 4/5 L.J. BONTANQ 3507E8 27/4 7/5 10/5 14/5 TranMt Time (13) P«> <22> f ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. f APIA. NUKUALOFA. P VIA f FASTEST SERVICE
      606 words
    • 1516 32 IMS BmmßW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SM ALG BCI HAM BRE ROT ANT FEL LIB (VIA (VIA (W ALG) HAM) ROT) NORASIA SUSAN 9204-3 30/03 17/04 19/04 23/04 25/04 26/04 27/04 27/04 21/04 NOR ASIA SHARJAH 9205-3 06/04 24/04 26/04 29/04 30/04 01/05 02/05 03/045
      1,516 words

  • Page 33 Advertisements
    • 1793 33 WT W STRAITS SHIPPING PTE LTD 15 H° e Chiang Road Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 ACCEPTS DUE MIS C/WGO SPORt BKOK ST*AITS MOP€ VO4E Muara. Skin T» 31 01 Apr 02 Apr 04 Apr ESTEBfHJGGE V 04H 01-02 APR 05-06 APR STRAITS VENTURE VOSE Muin lib.
      1,793 words
    • 1301 33 SINGAPORE AGENT: TJO PAO Containers (Singapore Agencies) Pte Ltd w I *i Pll I fll I lylN 15 H oe Chiang Road #08-02 to 06 Sanford Building. Singapore 0206 VIVIIW** T#( 225 2233 Te|ex RS ***** PNOCSP Fax 225 5327/222 7517 CR Number: **********0Z EXPORT VESSEL VOY -mo *s*o MM
      1,301 words

  • Page 34 Advertisements
    • 516 34 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY SPORE ROAM/ADAM H'BURG BREMEN ANTWERP SAIWIJAYA 34W6 26/4 29/5 3/6 7/6 10/6 KUTM/fiWB 25/5 24/6 28/6 2/7 7/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sublet to Inducement Atao accepting cart>o to C«MOtanc«, •Port Wd, Port Atoxwtdrto, Genoa, Trteete. ALSO ACCEPTING
      516 words
    • 1306 34 (g) HANJIN SHIPPING n* WJ SM LfC HAUL IGB OAK FDR VS. SN LME HAUL SAY IM RYC HANJM HONGKONG 033E 20/3 MECT 19/4 22/4 HANJM OCA) 0001 30/3 M. fROSPERITT 021E 7/5 1/5 10/5 HANJM MNGAPOM M9E 1/4 OKCT 26/4 29/4 HAIUM KHANGYANG M7E 6/4 H. KOOE ONE 14/5
      1,306 words
    • 1270 34 _J T pj I _J JTm In IX w H( u m n ki h no iu cm n mrc iw urn km n» M I fMX «451 11/1 1/4 1/4 11/4 11/4 14/4 11/4 17/4 11/4 28/4 1/} 1)/} 15/5 14/5 2t/i 17/5 95 5 N/5 Zl/f 24/4 lOWM
      1,270 words

  • Page 35 Advertisements
    • 1541 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) J BOOKINGS-fTOLL 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 SB NEPLINE SDN BHD MALAYSIA K.L.-<O3)
      1,541 words
    • 1098 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MARINE INSURANCE SERVICE: *****87/ *****67 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) i FULL CONTAINERSHIP SERVICES EfcSTBOUW—DCSCHMtfiWG WCSTBOUHD-lOWtt IMWItB) UK WnOMII C urotis
      1,098 words

  • Page 36 Advertisements
    • 1306 36 |_,t* v AS AGENTS: KAWASAIQ BINGAPORE (PTE) LTD ICR No: ********** M) |T3 W V TEL *****77 TELEX KAWAXIRS23I6S FAX: *****07/^9 U MALAYSIA: "K" UNE MARTTIME (MALAYSIA) SON BHD I M. All JL*# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LALTTINTERNUSA
      1,306 words
    • 835 36 ►Vftt PNILI-ORI€NT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... >4fst WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION r AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 02 APR SYDNEY MELBOURNE. BRISBANE.
      835 words
    • 411 36 golden line fcV GUAN GUAN SHAPING \JSOA ("E> >-TD 23. T(M *r« Strftt SINGAPOKE 0104 TU: 534WM (10 IMS) Fn: *****04 (CI N* ItI29SMMfW) ETKAITB/PKKSIAM CULT SMTICK S pore P. Kelant Penane GOLOfA KMO Monte/Karachi Dubai 0/10 Apr SOLDER HARWTT Cotofubo lUucta Oulß. 0/10 Hay CHINA SEHVICB A VS. China
      411 words

  • Page 37 Advertisements
    • 1979 37 IfIVIIUHJ VH WW ÜBS KM I PACIFIC INTERNATIONAL LINES (PTE)LTD iSSSSj? M Jhn 140 Cecil street #03 P,L Buik,in 9- Singapore 0106. Tel. ZZ***** UAKAWA 1 [BANGKOK I VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN KOTA SURIA KSR2I2 2/4 9/4 8/4 BUNQA TERATAI 133 2/4 3/4 7/4
      1,979 words
    • 712 37 EacßenV I F CLASS CONTAINER TRANSPORT FEEDER VESSEL I PENANG PKELANG| OCEAN VSL/VOY SIN SOU RTM (2) HAM (3 GOT (4) ANSON/TBN 27/3 28/3 BENARTY 2122 31/3 17/4 19/4 20/4 22/4 ANSON/TBN 3/4 474 ALSIA 2132 7/4 24/4 26/4 27/4 29/4 ANSON/TBN 10/4 11/4 BENAVON 2142 14/4 1/5 3/5 <'5
      712 words
    • 340 37 mm. MYANMA iBHBk FIVE STAR LINE C (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIf p#n *<*1 PWYA VI2IW ta Pa MIRGU VII3W 2/4 Apr Pwt PAGAN Vim 10/12 Apr HPAAN YI7TO 14/14 Apr MYOMA YWA *141* 22/24 Apr THE BANK LINE service of Andrew ll* »PP«l) SEMI-CONTAINER SERVICE
      340 words



  • Page 40 Advertisements
    • 1759 40 lIOCS^O tlaysia's Agents: Indtnisi*'sAftnts: I. In Bhd Chung Chiat Shipping 54m BM P.T. StpM Pwtn Imd—si* Umttm ¥u 29-A J*n Ho* H*, I* s«s»sr" Lorong Cempemng. oHJaian Bertngm 3 3ril/too/ Roorv XI Southern Bar* Btkl Building f Street 21 Be*h Street A»/ung "V Tel *****1 4 j FmtmmKm/cm, rrmc***. «s*i
      1,759 words
    • 320 40 SAMUOOA MMKSU (S) fit LTD™"" 15 MeCALLUM street #14-04 NATWEST CENTRE Sinftpora 01 OS Tatoc R*****0 Tat *****01-3 Fax: 229 40M. *****30 FOR BOOK IWQB CALL DIRECT LINE TEL: *****41/ *****43 SM/JAK SERVICE I VESSEL VOY SIN JAK TWADIKA 918 02/04 (THU) 04A)4 (SAT) LAWANTI 954 IN PORT 01/04 (WED)
      320 words

  • Page 41 Advertisements
    • 599 41 i (fe FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 y HOT LINE i *****33 24 LINES GUARANTEED 3 TIMES SAILING WEEKLY j. LCL SERVICES FROM KOBE OSAKA TO SINGAPORE I VESSEL NAME VOY NO EX KOBE EX OSAKA ETA SIN ACX LOTUS 23A 13/03 16/03 24/03
      599 words
    • 711 41 RICHFIELD MAIINE AGENCIES (S) PTE LTD TEL: *****53 (12 Udm) m FAX: *****15/22*3303 OJ TELEX: R8 ***** RISHK> (3 UDM) pT\ ETHttPIAN SMPPMG UNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOACH NO FOR SPORE ABYOT 28WB IS/04 DARESSAIAAM MOMBASA DJWOUTI ASSAB. MASSAWA netsanet ?bwb ivos
      711 words
    • 755 41 JAKARTA BANGKOK i— I—l*l° BENJA BHUM 278 31/e3 3/04 NANTA BHUM 83H Tut 31/03 Fri 03/04 OJ FENC3HAN 03S 03/04 00/04 SBU BHUM* 4WW Tlwr 02/04 05/04 BENJA BHUM 28S 08/04 11/04 IMM BHUM## 22N Sat >4/04 T« 07/84 FU FENCSHAN 04N 10 04 13/04 BHUM# 102W Sat 04/04 Tim
      755 words

  • Page 42 Advertisements
    • 1362 42 |T *SHP 111 —i— N| I MAC-NELS S'PORE SZ? I IPENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 COLOMBO/a AFR»CA~] PEN PK SIN PEN PK SIN Colombo 3/4 4/4 5/4 4/4 5/4 6/4 Ldn/Flx/Rdm/Ant
      1,362 words
    • 272 42 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKI in SM MULKM 2n </4 20/4 VIA NPI 22/4 «/S AUSI STAR 0511 21/4 3/5 YW IPI 5/5 21/5 PROSPECT 1«S 4/5 l«/ 5 VIA Wl 11/5 4/S FULLY CONTAINERISED
      272 words
    • 1138 42 THONG SOON LINES PTE. LTD. Mr- 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/CONTAIMER I COWTAmgH MRWCM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA wssa Iwt In* Ikst vessel w shk
      1,138 words

  • Page 43 Advertisements
    • 843 43 I COMPANIA PERUANA DE vapores V* "PERUVIAN STATF LINE" KCEPTWG BREAKBULK FCI/SOC CARGOES TO/FROM MLLAO, MAT ARAM, 110* I OTHER PERUVIAN PORTS* fTO T/S AT KOBE ON CPV THROUGH BILL OF LADING VA "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, MOII. TOKYO*. MANILA*.
      843 words
    • 497 43 ICZ3Z I Missal N.AMERICA/CARRIBEAN SERVICES KESSEI Not [sim Imainlineh Ivot Ilai Ikst |sa» Intc [ffi~ AM KHOB in m CALIfOWA >21 Li 11;S 15;S 17/S U S AM TOKYO IX. 13.4 ZW KttLUHC ill 115 21.5 «■> 27 5 3/5 m QSAM l]L_ l&iL. fIMJSBIL 15L_ LLl_ 2LS_ JZL. JZ4_
      497 words
    • 561 43 "HUTI-MOOE SHIPPIW PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARJAH DOHA MUSCAT. BAHRAIN ABU DHABI BANDAR ABBAS lEDDAH FAR EAST ACCEPTING FCL/LCL PENANG P. KEIANG JAKARTA BANGKOK HONG KONG TAIWAN. IAPAN MANILA KOREA UK/EUROPE ACCEPTINO FCL/LCL LONDON FELIXSTOWE. LEEDS TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN AIL
      561 words
    • 545 43 ASEAN/CNtNA SERVICES VESSEL WW PNC F. OUOANC KTN FOB fGU 10/04 DAIIAN/QUGDAO Q SHAN 22/04 MWWU/6HAHQHAI MADRAS/COLOMBO/BOMBAYMARACHI SERVICES W N PW TANGOON KTN FOB TM SHAN In PI MAORAS/CaOBMO I. YANG 10/04 MACSAS/Colo—o SINGAPORE/MADRAS/SINQAPORE FCIACL SERVICES SOP MDS TBN 23-24/03 29-31/03 TBN 2121/03 04 06/04 TBN 1213/04 11-20/04 WITH TIWWHrtIINT
      545 words
    • 532 43 SIN FM EAST 05/4 KEELUNG/KAOHSIUNG 04/4 BANGKOK 03/4 MANILA/CEBU 02/4 JAKARTA/BELAWAN/SURABAYA 06/4 PORT KELANG/PENANG/E. Malaysia 04/4 BUSAN 12/4 TOKYO/YOKO/KOBE/NGO/OSA 05/4 HONG KONG SIN CHINA 05/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 05/4 LDN/FLX/LVP/SOU 05/4 RDM/HAM/ANT/IE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. s§ usA/cmm 04/4 LOS
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  • Page 44 Advertisements
    • 812 44 C/T FIL CONTAINER SERVICES PTE LTD Ctt- MADRAS CALCUnA VSL SIN/MAPRAB VSL BIW/CALCUTTA SM MAA SM C* NEXT AVA&AMi h Nrt »-31/03 OS-ot/04 MItMU 02 05/04 11 12/04 29-30/03 05 07/04 13-14/04 31-01/04 07-11/04 17-10/04 31 01/04 07-09/04 15-10/04 M-00/04 12 15/04 21-22/04 JAKARTA DUBAI HON6KONG VOL OIN/JAKARTA VOL OIN/DUBAI
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    • 429 44 Eontermi CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— BOMBAY STH APBIL AUCKLAND 08 April BANGKOK 02 April FREMANTLE 02 April EUROPE 04 April GOTHENBURG 05 April PENANG 06 April PORT KELANG 07 April JAKARTA 07 April MELBOURNE 07 April SYDNEY 07 April @235 0633 (KATHLEEN/
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    • 552 44 This Week's Sailings I TVk- ETD ETD lo Singapore Singapore 9 d n<<a Rotterdam .0 Bangkok 04.4.92 Antwerp ***** "flUffj n Los Angeles JE Port Kelang 03.4.92 (Onforwarding To Mid West/ 05.4.92 XT r Port Louis 06.4.92 <■' OfLSA) Tel: Fax: 0m mM Singapore 778 6522 779 2738 Esther Yap
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    • 433 44 iiiil j MANILA ETA J VIGOUR PACIFIC 59N8 28/3 i VIGOUR SINGAPORE 23N8 4/4 I BANGKOK 30 3 6 4 BUSAN 30/3 6/4 HONGKONG 30, 3 6 4 DURBAN PT LOUIS 27/3 6/4 KEELUNG 30,3 6/4 USA 30/3 6/4 r PT KLLANG 27/3 31/3 KOBE 25 3 2 4 PIRAEUS
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  • Page 45 Advertisements
    • 17 45 the Stock „i_ _i Market. IgiSfcyß^ I:V': Saturday in > j f. Business -r v. ."-ry v Times
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    • 125 45 vOc vOc vOc yQc vQc OcOc V premier carrier > Q REUABLE SERVICES Q o COMPETITIVE RATES o S3 BARGES OPERATION TAILORING TO YOOR NEEDS Q SINGAPORE BATAM X H ENQUIRY BOOKING: /Lm. P V *****01 iMk i r X WEEKLY CONSOLIDATION SERVICES TO EUROPE, USA AND FAR EAST i
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  • Page 45 Miscellaneous
    • 434 45 TIDEnNDwSTHEiP" room noes (heigtit in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 MOO ****************************************1900 2000 2100 22N 2300 JR IS 1.6 1.5 1.4 14 1.5 1.7 20 22 2.4 24 2.2 18 1.4 1 1 08 0.7 07 0.9 1.3 11 2.0 12 2.2 PP 18 1.6
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  • Page 46 Advertisements
    • 370 46 *H,fi FL SHIPPING PTE LTD I Tel: *****77 (12 Un«t) Tlx: RS ***** FLCONTR Fax: *****56 170 SHENTON WAY #04-028 MARINA HOUSE, SINGAPORE 0207 1 WEEKLY LCL CONSOLIDATION I DAMMAM. KUWAIT. BAHRAIN MINA QABOOS. SHARJAH ABU DHABI, BANDAR ABBAS, RIYADH JEDDAH ■WlfftliKil* PIREAUS, LIMASSOL, BEIRUT, OUZAI, LEBANON, VALLETTA ALEX andria,
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    • 437 46 i. cosco UKC COWVtWTIOWAL SERVICE 'ESSEL PKL PNG P.O. LOADING FOR: i VESSEL 28/04 Rotterdam/Antwerp CMNA CONVENTIONAL SERVICE 'ESSEL PKL PNQ P.O. LOADING FOR: RANS ASEAN 15/04 20/04 Huengpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANOKOK/HONOKONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI 'lease refer above mentioned
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    • 292 46 mm&amsasM'tsaim, Wm \H Tt IT BEUING CHANGCHUN CHANGSHA "llf II \Z V#' II CHENGDU CHONGQING FUZHOU ■|m I V II 1/ VI l_l I XGUIUN HARBIN KUMMING XIAN ■m| I ml > |A > H manning•quanzhou^shewhj ill 1 k nIV A\ ill I /—SMSSBSr* !l j J I J I
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    • 143 46 j HIAP HOE SHIPPING PTE LTD. WEEKLY SERVICES TO KAMPUCHEA/PHNOM PENH r IvfSSfl VOY I ETD (S*nT ETA Phnow Penh TONG SERN 04/92 10/* t7 4 SPRING STAR 04/92 26/3 03/4 CHOI THEE 04/92 31/3 06/4 TONG AIK 03/92 03/4 I°/ 4 TONG MUN (ROUP) 01/92 07/4 14/4 TONG HOE
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  • Page 47 Advertisements
    • 1276 47 HYUNDAI I MARINE CO>■ LTD. EABTBOUNO FEEDER TO PACIFIC 80UTH-WE3T TO PACIFIC NORTH-WEST From hot fni wo |aw he mm wiino ii qm a in hau. dot mo wwa m RAN HM Ml NO4l 11/03 19/03 70/03 H NttVATO* 4ft 27/03 13/ M 11/04 19/04 GOUXN SATE M (ft 01/04
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    • 494 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS vtssi m ff n m m twu 1? SID FT IBU TUMI" 1 SU 11/J I AIM MM 2 PT 1/4 1/4 FAKAIT MOT J 2/4 IMS M KM 22 1/4 11/4 14/4 IfflMS I 11/4 14/4 MSMC
      494 words
    • 768 47 JEDDAH/UK/CONTNENT ......(vPoTIk) S-TON HBURG IDAM LEH Ako Acctptni Carp fm 2/4 11/4 a/4 21/4 20/4 :taal UK dtttnafem Mast a* DuMn 04/313 5/4 22/4 24/4 27/4 21/4 KMttrtoi :t< Amwsr, Amiardam (Mi. HM BMBM Ml/114 1/4 11/4 2/5 21/4 27/4 MMm It Antevp, Amtoriam (Ml. H*Hu 1,1/314 12/4 3/4 1/5
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  • Page 48 Advertisements
    • 100 48 stment CE Every Saturday in Business Times It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by *dj 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.
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    • 146 48 F INVESTMENT NOTICE WESTBOUND AOTJ RATE AGREEMENT A REGIONAL UNIT OF THE FAR EASTERN FREIGHT CONFERENCE GENERAL RATE INCREASE Reference is made to earlier consultations when it was decided that the second stage of the G.R.I, would be introduced on 1 April 1992. At the same time it was announced
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