The Business Times, 2 April 1992

Microfilm: NL18193
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES MITA (P) 35/12/91 Thursday, April 2, 1992 THE BUSINESS PAPER EOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      Nato to work with former enemies in defence areas
      59 1 BRUSSELS NATO and its former enemies have agreed to work together in areas of defence that were once topsecret. Defence ministers meeting at the North Atlantic Treaty Organisation's headquarters here yesterday approved a workplan that will offer Western help in restructuring
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    • Article
      Cresson meets Mitterrand again
      37 1 PARIS French Prime Minister Edith Cresson met President Francois Mitterrand for the fourth successive day yesterday amid signs of an imminent government reshuffle. Finance Minister Pierre Beregovoy is tipped to replace Mrs Cresson.
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    • Article
      Condo prices down
      25 1 CONDOMINIUM prices in Singapore fell slightly in the final quarter of last year for the first time during the year Page 2
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    • Article
      Bid to widen scheme
      26 1 THE Singapore government is now studying how it can extend the Local Industry Upgrading Programme (LIUP) beyond the manufacturing sector Page 3
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    • Article
      New US attitude
      31 1 THE US is prepared to put the past behind it in Indochina and establish closer relations with Vietnam. Laos and Cambodia, says a top American official Page 8
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    • Article
      Jakarta turns tables
      44 1 INDONESIA'S decision last week to reject all aid from the Netherlands, its former colonial master, and to disband the donor forum through which it was pledged U554.75 billion (557.79 billion) in 1991, has turned the tables on the donors Page 2
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    • Article
      Progress in EC talks
      22 1 EUROPEAN COMMUNITY farm ministers have made headway in painstaking talks to overhaul their wasteful agriculture policy Page 10
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    • Article
      IMF plan rapped
      34 1 MORE PAIN than gain is how critics describe the "shock therapy" that the International Monetary Fund has prescribed for the Russian economy to shift it from communism to capitalism Page 10
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    • Article
      Back in tank business
      23 1 BRITISH-BASED Sea Containers returns today to the tank container leasing business after a two-year absence. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      30 1 WALL STREET stocks were lower early yesterday, with the Dow Jones Industrial Average down 15.21 points, or 0.47 per cent, at 3,220.26 points in the first five minutes.
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    • Article
      Footsie lower
      27 1 LONDON SHARES were sharply lower at midday yesterday. At 1100 GMT, the FTSE 100-Sharc Index was down 39.8 points, or 1.6 per cent, at 2,400.3.
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    • Article
      Amcol profit edges up
      28 1 AMCOL Eloldings Ltd has reported a slight increase in profitability last year after a heady three-fold jump in group earnings in 1990 Page 4
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    • Article
      Dismal results by ASM
      35 1 MALAYSIAN-listed Amalgamated Steel Mills Bhd (ASM) recently posted dismal half-year results on the back of a one-month closure of its steel plant and a slowdown in the motor business Page 4
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    • Article
      IGB sees improvement
      36 1 MALAYSIAN property giant IGB Corporation Berhad, which recorded a 10.3 per cent jump in group net earnings to M 542.43 million (5527.15 million) last year, expects to do better this year Page 4
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    • Article
      Tanjong's next move
      24 1 TANJONG pic is proposing the acquisition of Usaha Tegas's racing totalisator business for Ms7s million (SS4B million) in cash Page 5
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    • Article
      Good news for Wardley
      41 1 WARDLEY Ltd, the merchant banking arm of HSBC Holdings pic, has announced a 51 per cent increase in net profit to a record HKSSI2 million (SSI 11 million) for the year ended Dec 31, 1991. Page 7
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    • Article
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 679.06 -6.71 Kuala Lumpur ....588.37 -4.84 Tokyo 18.581.79 -764.16 Hongkong 4,909.96 -28.35 Sydney 1,574.0 -8.6 Tuesday Change New York 3,235.47 +0.23 London 2,440.1 -12.8
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    • Article
      CURRENCIES
      29 1 London Gold AM fix USS343.75 +USS2.25 Exchange rates USS ss 1.6605 100 Yen SS 1.2378 MS SS 0.6414 Money market rates Overnight 3 3/8 3-montn 3 1/4% -1/16
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    • Article
      COMMODITIES
      30 1 Rubber S'pore May l42.50*/kg +0.50 M'sia Apr 2l9.00«/kg +1 KL Tin Turnover 63 tonnes 34 Spot MSl4.50/kg +9 Crude palm oil Turnover 600 lots -43 June MS907 /tonne +2
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  • Article
    Lock icon Japan lowers its discount rate by 0.75 point
    463 1 But long-awaited move fails to wake up financial markets NYT Reuter AFP w TOKYO The Bank of Japan cut its official discount rate by 0.75 percentage points yesterday in a longawaited step to boost economic growth. But the move failed to spark
    NYT; Reuter; AFP  -  463 words
  • Article, Illustration
    Nikkei plunges below 19,000 level
    444 1  -  By SN Vasuki SINGAPORE The Tokyo stock market disregarded a discount rate cut and received a bear hug yesterday. The key Nikkei Average plunged below the 19,000 level and closed a hefty 764 points lower at 18,581.79. In a sympathetic response, Singapore's ST Industrials Index
    444 words
  • Article
    Blueprint of S'pore plan for intelligent island unveiled
    325 1  -  By Kenneth James SINGAPORE The National Computer Board yesterday unveiled details of a plan for an intelligent island in 15 years, where almost every home, office, school, factory and mobile computer will be linked through advanced computer technology. Central to the vision
    325 words
  • Article
    US widens list of trade complaints against S'pore
    352 1  -  By Schutz Lee SINGAPORE The US government has expanded on its annual list of trade complaints against Singapore to include intellectual property protection, engineering services and insurance this year. Meanwhile, issues raised in the National Trade Estimate Report on Trade Barriers last
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  • Article
    S'pore Telecom to monopolise some services for 15 yrs
    364 1  -  Reports by Dexter Lee SINGAPORE Singapore Telecom, which became a private limited company yesterday, will maintain its monopolistic hold on a host of basic telecommunications and postal services for the next 15 years. These services include local phone calls, international direct
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  • Article
    TAS to attract firms to carry out R&D here
    197 1 SINGAPORE The Telecommunication Authority of Singapore (TAS), which has divested its commercial operations, will attract telecommunications equipment manufacturers to build up their R&D activities here. This initiative will be carried out in cooperation with the Economic Development Board, the National Computer
    197 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      257 1 I Bu rberrys I Reigns when it pours x x x x x x**x x*xxxxxxxxx><xx* x M Markets 14 Money Changer Rates 31 World Stock Markets 28 Aircraft Schedule 31 Money Market 29 Commodities 30 Regional News 8 Company News 4 6 Regional Stock Markets 27 For market indices, editorial.
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      Page 1 Advertisements Column 2
      6 1 Guangdong-style capitalism is thriving, Pg 13
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      Page 1 Advertisements Column 3
      3 1 Focus, Pg 15
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      Page 1 Advertisements Column 4
      77 1 Nitsuko The most popular Key Telephone System SINGAPORE COMM ft! The Telecommunication Specialist Tel: *****88 Editorial. Pg 12 UK market falls. Back Pg The Peak flk Perfection K9bl HHPsHXa only the finest selections from S the vast range of Cantonese > cuisine and promise an exceptional experience which l° n
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Condo prices in final quarter reverse uptrend
      431 2 URA's 4th quarter real estate statistics report But overall residential property prices still higher than at end-1990 SINGAPORE Condominium prices fell slightly in the final quarter of 1991 for the first time during the year. The Urban Redevelopment Authority's finalquarter property price index
      Source: URA  -  431 words
    • Article
      Demand for hotel rooms falls despite festive season
      158 2 SINGAPORE Demand for hotel rooms in the last quarter of 1991 slackened as the number of rooms let out by hotels dipped by 0.4 per cent despite the festive season. Average occupancy at local hotels stood at 79.7 per cent a 1.2
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    • Article
      Rising shop prices boost commercial property index
      429 2 Prices for shop space up 6.3 pc SINGAPORE Shop prices jumped 6.3 per cent during the last quarter of 1991, according to statistics released by the URA yesterday. This helped push up the overall price of commercial properties by 3.4 per cent. A
      429 words
    • Article
      Firm demand for factory space
      242 2  -  Reports by Sylvia Wong and Colin Tan SINGAPORE Factory space was the only property sector that performed well in the fourth quarter of 1991. The Urban Redevelopment Authority (URA) said demand for factory space stayed firm, even though the amount of space increased. The supply
      242 words
    • Article
      Lock icon Jakarta to ask stateless Chinese to become citizens or return to China
      373 2 Bernama JAKARTA Some 100,090 ethnic Chinese in Indonesia, now considered as stateless, will be asked to decide soon whether to become citizens of China or adopt Indonesian citizenship, a senior Indonesian minister said yesterday. The Coordinating Minister of
      Bernama  -  373 words
    • Article
      Lock icon New Australian trade figures pave way for cut in interest rates
      394 2 AFP Reuter SYDNEY A sharp reduction in Australia's current account deficit for February gives the Australian government another welcome boost and an opportunity to cut interest rates again, analysts said yesterday. Bureau of Statistics data shows the deficit fell
      AFP; Reuter  -  394 words
    • Article
      Lock icon G-7 to provide Russia with US$24b in aid
      235 2 Reuter BONN The Group of Seven (G-7) nations will provide US$24 billion (5539.8 billion) in aid for Russia this year, provided President Boris Yeltsin's reform plan is approved by Parliament, a German minister announced yesterday. The assistance comprised US$lB billion to overcome
      Reuter  -  235 words
    • Article
      Lock icon Malaysian exports expected to grow 7pc in first half
      318 2 Bernama KUALA LUMPUR The Malaysian Industrial Development Authority's (Mida) latest industrial trends survey for the period of JanuaryJune 1992 says exports sales are expected to be robust, and will grow by 7 per cent over the second half of 1991. The
      Bernama  -  318 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      334 2 I Conference Theme: "Competitive Concepts: Staying Ahead in the Food Hospitality Industry" I Wednesday, 8 April 1992 11th Storey, WTC Convention Centre, Singapore 1 BE A PART OF ASIA'S I PREMIER FOOD AND I HOSPITALITY EVENT! I Food&HotelAsia92 International Conference returns with a programme that I promises to be exciting
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      Page 2 Advertisements Column 2
      10 2 Critics attack IMF* Russian reforms as too paiafaL, P| 10
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  • SINGAPORE NEWS
    • Article, Illustration
      Govt to expand scope of industry upgrading plan
      407 3  -  Joseph Rajendran reports on the last of a series of visits to SMEs by the Senior Minister of State for Trade and Industry Joseph Rajendran THE government is now studying how it can extend the Local Industry Upgrading Programme (LIUP) beyond the
      407 words
    • Article
      Contract manufacturer goes regional to meet increased demand
      323 3 CONTRACT manufacturer Richgold Industries is planning to expand operations by putting up a Mslo million (556.4 million) factory in Tampoi, Johor, later this year and another in Batam next year. This will be to meet increased demand from the multinationals it supplies.
      323 words
    • Article
      Electronic components maker eyes product design
      335 3 NEXT Electronics Technology (Net), a manufacturer of electronic components, is gearing itself to do more product designing and rely less on manufacturing. Managing director Michael Low said Net was going to work with Japan's Goko Industrial Co to do more designing and subsequently manufacture
      335 words
    • Article
      9,800 overseas visitors expected for food event
      295 3 SINGAPORE'S tourism industry can expect brisk business next week when the regional food event Food&HotelAsia92 (FHA) brings in about 9,800 overseas visitors. Foreign trade visitors are expected to spend a collective $18 million during the fourday event starting on April 7, according to
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    • NEWS ROUNDUP
      • Article
        SilkAir takes off, spins new destinations
        83 3 TRADEWINDS, a subsidiary of Singapore Airlines, officially took on a new name and a new logo yesterday. It is now called Silk Air (Singapore). Yesterday also marked the start of a new financial year, during which the company will expand its services and add
        83 words
      • Article
        Martial arts control unit
        56 3 AS OF yesterday, the Martial Arts Control Unit (MACU), which was previously under the National Registration Department at the Colombo Court, has been transferred to the Criminal Investigation Department (CID). The CID director will be the Controller of Martial Arts, and MACU will be located at
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      • Article
        In celebration
        103 3 SINGAPORE Telecom has designed a commemorative cover, an event date-stamp and an easy-to-use postal guide to celebrate the formation of Singapore Post Private Ltd. The items, launched yesterday, will bear the new corporate identity of Singapore Post. The special commemorative covers are on sale at 11 outlets for
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      • Article
        Scottish mission on its way
        44 3 THE Scottish Council for Development Industry (SCDI) will bring a delegation of eight companies to Singapore from April 7 to 10. The SCDI, Scotland's leading independent trade development authority, has led 20 such missions to Singapore in recent years.
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    • Article, Illustration
      The one that went down smoothly
      407 3 MOST sniffed it out right away and had a good laugh. But we got some those who did not bat an eyelid on reading that the impending consumption tax could be levied as early as next year on unwholesome, fat or sugar-rich foods. They
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      187 3 M ***** ■nMH ■Billflß wuyi^v A Seminar on Future Lifestyles and Consumption Patterns in Singapore May 9, 1992. 8.30 am 12.30pm Hon Sui Sen Auditorium. NUS. The first-ever lifestyle study of trends in consumer attitudes, preferences and expectations. Presented by Assoc. Prof. Kau Ah Keng, Assoc. Prof. Yeong Wee Yong
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      Page 3 Advertisements Column 2
      70 3 UOB PLAZA Asia's Ultimate Business Address Jones Lang Wbotton as the appointed Joint Sole Marketing Agents for UOB Plaza extend their heartiest Congratulations to United Overseas Bank (UOB Group) and Union Bank of Switzerland (ÜBS) on the signing of the lease agreement for five storeys totalling 62,200 sq ft (5,778
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Rashid Hussain gets nod for unit trust fund
        52 4 KUALA LUMPUR Rashid Hussain Bhd has received approval from the Capital Issues Committee to launch a MS 100 million unit trust fund to be managed by DCM-RHB Unit Trust Management Bhd which is a joint venture between D&C Sakura Merchant Bankers Bhd
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      • Article
        Sharp rise in Mulpha's earnings
        51 4 KUALA LUMPUR Mulpha International raked in group earnings of M 54.20 million for 1991, a hefty increase from a meagre $369,000 in the previous year due primarily to injection of funds from its rights issue. Group turnover was 18 per cent higher at M 574.46
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      • Article
        Hai Sun Hup's coupon at 2.25 pc
        43 4 SINGAPORE The Hai Sun Hup Group Ltd has announced that the coupon for its US$39 million bond-cum-warrant issue has been fixed at 2.25 per cent. The price of the warrants has been fixed at 550.45 each.
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      • Article
        Inter-Roller wins CAAS deal
        76 4 SINGAPORE Inter-Roller Engineering Ltd has been awarded a 556.5 million contract from the Civil Aviation Authority of Singapore. The contract is for the design and installation of the baggage handling system at Terminal One, Singapore Changi Airport. The company has also announced that Mr Chan Chin
        76 words
      • Article
        Pacific Bank earnings up
        51 4 SINGAPORE Pacific Bank has reported a 30.5 per cent rise in group earnings to M$ 12.64 million for 1991 against M 59.69 million in 1990. Operating income was nearly 30 per cent higher at M 559.43 million. EPS was 13 sen against 12 sen the previous
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    • Article
      Lock icon Bedford and EAC join forces in Selangor plantation venture
      320 4 MBT KUALA LUMPUR Bedford Bhd and the East Asiatic Co of Malaysia Bhd (EAC) have entered into a joint venture to acquire 2,942 ha of plantation land in the district of Sepang, Selangor. In announcements over the weekend, they said the
      MBT  -  320 words
    • Article
      Amcol's profits rise 4pc after hefty jump in '90
      532 4  -  By William Chia SINGAPORE Amcol Holdings Ltd has reported a slight increase in profitability last year after a heady threefold jump in group earnings in 1990. Releasing its year-end results yesterday, Amcol said that group net earnings improved by 4.03 per
      532 words
    • Article
      IGB's net earnings up 10.3 pc to M$42m
      294 4 SINGAPORE Malaysian property giant IGB Corporation Berhad, which recorded a 10.3 per cent jump in group net earnings to M 542.43 million (5527.15 million) last year, expects to do better this year. The group, IGB directors said, has over the past year
      294 words
    • Article
      Golden Hope proposes one-for-six rights issue in place of earlier plan
      219 4 KUALA LUMPUR Plantation giant Golden Hope has proposed a one-for-six rights issue to raise Ms2lo million (S$ 134.4 million) in place of an earlier rights issue of irredeemable convertible preference shares (ICPS). The rights issue, comprising 140.997 million new
      219 words
    • Article
      Amalgamated Steel earnings plunge 53pc at half time
      389 4  -  By Carolyn Lim SINGAPORE Malaysianlisted Amalgamated Steel Mills Bhd (ASM) recently posted dismal half-year results on the back of a onemonth closure of its steel plant and a slowdown in the motor business. Net earnings for the six months ended Dec 31,
      389 words
    • Article
      Guthrie to finalise new L&M board by tomorrow
      272 4 SINGAPORE Guthrie GTS directors are expected to hold their first meeting tomorrow with the board of L&M Group Investments Ltd, the company Guthrie has just taken over. A new L&M board would have been appointed by then, sources said. The review of
      272 words
    • Article
      UEL's problem — being a Jack of all businesses and master of none
      709 4  - UEL's problem being a Jack of all businesses and master of none THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE A year ago it was the darling of the stock market. Now it has fallen from grace. Investors and analysts who recommended "Buy!" just a year ago are
      709 words
    • Article
      Tanjong to buy racing totalisator business
      323 5  -  Company to pay Ms7sm for Usaha Tegas assets By William Chia SINGAPORE Tanjong pic, Malaysia's latest gaming operator and listed vehicle of businessman Ananda Khrishnan, is proposing the acquisition of Usaha Tegas's racing totalisator business for Ms7s million (Ss4B million) in cash. Tanjong said
      323 words
    • Article
      Lock icon Broken Hill secures greater control of NZ Steel
      427 5 Reuter AUCKLAND Broken Hill Pty Ltd yesterday secured a greater measure of control over New Zealand Steel which, if the Australian conglomerate can get anti-trust approvals, will be a precursor to a full takeover. The troubled New Zealand steel maker is currently
      Reuter  -  427 words
    • Article, Illustration
      Lock icon Magnate Hancock's will forbids contest from beneficiaries
      440 5 AFP PERTH Mining magnate Lang Hancock divided his vast estate almost equally between his daughter and his third wife, and then took steps before he died last Friday to ensure no squabbling over his property. His last will and testament, released on Tuesday
      AFP  -  440 words
    • COMPANY BRIEFS
      • Article
        Tokyu Dept Store sells all its ANA shares
        117 6 TOKYO Tokyu Department Store Co Ltd has now sold all of its shares in All Nippon Airways Co Ltd (ANA), an ANA spokesman said. Tokyu Department owned 3.65 million shares, or 0.25 per cent of ANA's total of 1.44 billion shares outstanding,
        117 words
      • Article
        S Korean chaebols number 78
        69 6 SEOUL Eighteen South Korean business groups have been newly designated as giant conglomerates, or chaebols, bringing the total to 78, officials of the government Fair Trade Commission said yesterday. Business groups with over 400 billion won (SsBs6 million) in total assets are classified as chaebols,
        69 words
      • Article
        Thai Airways orders 6 Boeings
        60 6 BANGKOK Thai Airways International Ltd has ordered an additional four Boeing 747-400s and two Boeing 777s worth more than US$B2O million (S$ 1.34 billion), including spare parts. A Boeing statement said the order raised to eight the number of Boeing 747-400 being bought by the
        60 words
      • Article
        Magnum anxious over stores sale
        77 6 AUCKLAND Magnum Corp Ltd is apprehensive about receiving anti-trust approval for the sale of its 15 South Island grocery stores and has kept up communications with an alternate bidder Foodland Associated Ltd of Australia. Last week, the New Zealand Commerce Commission rejected the application by
        77 words
      • Article
        France's Bull halves its losses
        46 6 PARIS Cie des Machines Bull, France's state-owned computer firm, halved its losses in 1991 but still faces a market in crisis, its chairman said on Tuesday. "Thanks to Bull's deep transformation, we realised significant improvement," Francis Lorentz said in a statement.
        46 words
    • Article
      Lock icon Banks refuse to extend Olympia & York loan
      446 6 Banks refuse to extend Olympia York loan NYT NEW YORK Olympia York Developments Ltd, the debt-laden Canadian developer, failed on Tuesday in its attempt to get a syndicate of banks to agree to extend, by one year, a US$45O million (Ss73B million) loan that was to come due yesterday. But
      NYT  -  446 words
    • Article
      Lock icon Speyhawk adds to UK property woes
      338 6 Reuter LONDON Speyhawk pic shares plunged nearly 80 per cent, adding to a growing crisis of confidence in a UK property market shaken by problems at some of the world's largest land developers. The group's share price plummetted from lip to 2l/4p, as the
      Reuter  -  338 words
    • Article
      Lock icon Studio officials finalising plans for Orion's sale
      435 6 Reuter NEW YORK Orion Pictures Corp officials had no time on Tuesday to celebrate the surprise Academy Awards sweep by their film The Silence of the Lambs. Instead, they worked on final details of a plan to sell the bankrupt company, a move
      Reuter  -  435 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      286 4 Will Their Gamble Pay Off Banking, garment manufacturing, hotels... Singaporeans Ir* /> Alt 1 are fearlessl y P^ un S' n i nto l^e Cambodian economy and UK M I MPI taking part in its rebuilding. But they face an uneasy peace. A VilYlllW A 11V11 primitive infrastructure and legal
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      43 5 I I.A.M. [^luyTJ Institute of Administrative Chartered Institute of Management (U.K.) Marketing (U.K.) SIC the training centre for professionals. I Min. Entry requirements: I'A' 4 0' or working experience. > |2 Apr(Thu)6.4spmj 4Apr (Sat) 2pm J For reservations Call: 337 8000 250 Middle Road.
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      Page 5 Advertisements Column 2
      98 5 «cron**or b jf llij STATEMENT OF ACCOUNTS JUNE 1985 Lt -J I <«.' Nt. I T <yt I K*'tfy>:t ?«o DeX i C><« Baaru. ||Bj I I I Canon Canofile 250 V *f~ m vl H 18. M M I I U DON'T JUST FILE IT. CANOFILE IT. lonncwTvaqn CANON
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      739 6 I n 1 I SINGAPORE REINSURANCE I 1 CORPORATION LIMITED I H {INCORPORATED IN THE REPUBLIC Of SINGAPORE) ANNOUNCEMENT To. All Shareholders I The Bo»d of Directors of Singapore Reinsurance Corporation Limited wishes to make the following announcement H I AUDITED DESNTS FOR THE YEAR ENOED H DECEMRERIOOI I H
      739 words
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      Page 6 Advertisements Column 2
      750 6 I UNITED PULP PAPER CO LTD I I The Directors of United Pulp 4 Paper Company Limited art pleesed to announce the audfted results of Group I I and tha Company tor tha yeer andad 31 Daoambar 1991. I I INCREASE/ E I (OECWEApE) I I THE THE THE THE
      750 words
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  • FINANCIAL NEWS
    • Article
      Wardley profits rise 51pc to a record HK$512m
      443 7  -  From Catherine Ong in HONGKONG WARDLEY Ltd, the merchant banking arm of HSBC Holdings pic, yesterday announced a 51 per cent increase in net profit to a record HKSSI2 million (S$ 109.7 million) for the year ended Dec 31, 1991. The stronger
      443 words
    • Article
      Lock icon Wall Street underwriting fees hit record
      613 7 Merrill Lynch retains dominant position among domestic underwriters NYT NEW YORK Wall Street earned a record amount of fees in the first quarter, as American corporations rushed to the securities markets, seeking to cash in on the ever-growing public appetite for stocks and bonds.
      NYT  -  613 words
    • Article
      Lock icon Wellcome names brokers in its global share sale
      424 7 Reuter LONDON US investment bank Morgan Stanley has won the right in a global competition to handle the year's largest international share deal, Wellcome Trust's sale of up to £4.5 billion (5512.9 billion) of stock in British pharmaceutical group Wellcome pic. Wellcome's
      Reuter  -  424 words
    • SMALL CHANGE
      • Article
        Indonesian banks meet capital requirement
        99 7 JAKARTA The country's seven state banks have all fulfilled the capital adequacy ratio of 5 per cent this month as required by the central bank (Bank Indonesia). A source at the finance ministry said state banks could meet the capital adequacy ratio requirements after the
        99 words
      • Article
        New ruling for Thai system
        109 7 BANGKOK Commercial banks will be allowed to count surpluses on revaluation of land, premises and stock portfolios as capital funds under the Bank for International Settlements (BIS) rule soon to be imposed on the Thai banking system. Under the BIS rule, which had been proposed
        109 words
      • Article
        UK banks' shares tumble
        110 7 LONDON Problems at Olympia and York, the world's largest property company, have combined with bad news from the British property market to dent share prices of Britain's four major commercial banks. Shares in the four banks Barclays, National Westminster Bank, Lloyds Bank and Midland Bank tumbled
        110 words
      • Article
        China launches bond issues
        131 7 BELJING China has issued new bonds to help cover its huge budget deficit, marketing 10 billion yuan (552.9 billion) worth of five-year notes bearing 10.4 per cent interest, the Economic Daily reported. A separate issue of three-year bonds will begin in the second half of the
        131 words
      • Article
        FOX names new chairman
        84 7 LONDON The board of the London Futures and Options Exchaiy (FOX) for raw materials has named Michael Jenkins to succeed Andrew Large as chairman when he leaves on June 1 to take charge at the Securities and Investment Board. Mr Jenkins is managing director of the
        84 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      39 7 r Y)ud be celebrating too if you could get around Australia for 60% less. For bookings and enquiries, please call Qantas on 737 3744. Or your travel agent. iL WE Q Q F U R T H E W
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  • THE REGION
    • NOTE BOOK
      • Article
        Manila's international reserves hit new high
        78 8 MANILA The Philippines' gross international reserves has reached US$5.3 billion (SSB.7 billion), a record high since the country's Central Bank was established in 1949, a bank official said on Tuesday. Central Bank governor Jose Cuisia said the state of the country's reserves, along with
        78 words
      • Article
        Indonesia posts trade deficit
        62 8 JAKARTA Indonesia yesterday said it posted a trade deficit of US$B2.6 million (S$ 136.2 million) in January, the first such shortfall in years. Information Minister Harmoko said Indonesia's exports revenues for January stood at US$2.l billion while imports stood at US$2.2 billion. Indonesia has for at
        62 words
      • Article
        Fiji seeks S-E Asian investors
        36 8 HONGKONG Fiji is launching a campaign to lure South-east Asian investors to the South Pacific nation, preferably on cooperative terms, Fijian Minister of Trade and Commerce Berenado Vunibobo said here yesterday.
        36 words
      • Article
        Canberra ban on tobacco ads
        57 8 CANBERRA Tobacco advertising is to be banned at televised sports and cultural events in Australia, as well as on billboards and in cinemas, the government said yesterday. It means sporting groups will lose most of the As2o million (5525.5 million) a year they are believed
        57 words
    • Article, Illustration
      Lock icon US ready to establish closer ties with Laos, Vietnam, Cambodia
      416 8 Policies and personnel in place to help forge new relationship: Solomon AP WASHINGTON The United States is prepared to put the past behind it in Indochina and establish closer relations with Vietnam, Laos and Cambodia, Assistant Secretary of State Richard
      AP  -  416 words
    • Article
      Lock icon US House approves foreign aid Bill
      382 8 Reuter WASHINGTON The House of Representatives on Tuesday approved a foreign aid Bill for the remaining six months of the 1992 fiscal year, acting with unusual speed only hours before the United States' worldwide aid programme was threatened with closedown. The vote of 275-131
      Reuter  -  382 words
    • Article
      Lock icon Big promises and risks in Vietnam's real estate scene
      509 8 Reuter HO CHI MINH CITY Foreign companies bullish about Vietnam's economic future are scrambling for real estate but find a murky market where contracts mean little and no one seems to know who owns what. Rents for office and living space
      Reuter  -  509 words
    • Article
      Lock icon KL unveils 5-year plan to improve amenities for estate workers
      428 8 Bernama KUALA LUMPUR The Human Resources Ministry on Tuesday announced a five-year development plan to improve basic amenities in estates in the country. Seven programmes have been drafted for implementation by the estate employers during the 1992-1996 period. The programmes
      Bernama  -  428 words
    • Article, Illustration
      Lock icon Indonesia's rejection of aid programme turns the tables on donors
      466 8 FT JAKARTA Indonesia's decision last week to reject all aid from the Netherlands, its former colonial master, and to disband the donor forum through which it was pledged U554.75 billion (557.79 billion) in 1991, has turned the tables on the
      FT; Source: Indonesian CBS  -  466 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      777 8 MHWA HONG CORPORATION LIMITED (Incorporated In the Republic of Singapore) I ANNOUNCEMENT The Board of Directors of Hwe Hong Corporation Limited wishes to mete the following announcement: I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER I—l I GROUP COMPANY I 1901 IMQ —1»- -H® I srooo srooo srooo srooo
      777 words
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      Page 9 Advertisements Column 1
      314 9 DU PONT IS SINGAPORE'S FIRST ELECTRONIC CONNECTOR MANUFACTURER TO MAKE THE ULTIMATE CONNECTION Lloyd's Register Quality Assurance CERTIFICATE OF APPROVAL nil it to Certify that lb Quality Management Syotem ej: Du Pont Singapore Pte Ltd (Connector Systems) Manufacturing Plant: 6 Gul Street 5, Singapore 2262 Marketing Office: 1 Maritime Square,
      314 words
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  • THE WORLD
    • WORLDWATCH
      • Article
        N Korea dragging feet on nuclear inspections
        97 10 SEOUL North Korea yesterday continued to refuse a quick start to inspections required by its nuclear arms ban treaty with rival South Korea, South Korean officials said. "The Seoul representatives urged their Pyongyang counterparts to stop dragging their feet and instead promptly begin
        97 words
      • Article
        Tokyo surplus likely to widen
        94 10 TOKYO Steady growth in exports and slackening imports are expected to widen Japan's February current account balance-of-payments surplus, say economists. A large trade surplus in February, already announced, will be the main factor for another surplus in the current account," said Youichi Tazawa, an economist
        94 words
      • Article
        China launches tax drive
        62 10 BEIJING China's leaders have officially declared April "Tax Propaganda Month" in an effort to stop people from beating up tax collectors. The publicity drive had been launched "to enhance people's sense of paying taxes", the official New China News Agency said yesterday. Between 1987 and 1991,
        62 words
      • Article
        EC-US pact on plane subsidies
        72 10 BRUSSELS The European Community and the US have reached an accord on ending a five-year-old dispute over aircraft subsidies. "US and European negotiators reached tentative agreement late yesterday on limiting government support for the commercial aircraft industry," said a US statement issued yesterday after talks
        72 words
      • Article
        Kuwait to buy out bad debts
        112 10 KUWAIT CITY Kuwait's National Council has voted to spend up to US$24 billion (5539.8 billion) in government funds, more than the direct cost of the Gulf War, to buy out bad debts held by the emirate's banks. The decision made on Tuesday is expected
        112 words
      • Article
        IMF offers aid to Argentina
        68 10 WASHINGTON The International Monetary Fund announced on Tuesday a US$3.l5 billion (555.2 billion) threeyear aid package for Argentina. The funds are expected to help the country in its talks with private banks aimed at rescheduling its commercial debt. The package includes a U552.95 billion loan
        68 words
      • Article
        Unrest in Venezuelan cities
        59 10 CARACAS Unrest erupted in three north-western Venezuelan cities on Tuesday, with students demonstrating in Coro and hooded demonstrators setting fire to cars in Maracaibo and Merida, according to the news agency Innac. Meanwhile, an estimated 70,000 public employees went on strike amid the unsettled political situation
        59 words
    • Article
      Lock icon EC farm ministers make progress in reform talks
      471 10 Community ready to prepare for final compromise package Reuter BRUSSELS European Community farm ministers have made headway in painstaking negotiations to overhaul their wasteful agriculture policy. "There's absolutely no doubt about it, there's been major progress," European Farm Commissioner Ray MacSharry said
      Reuter  -  471 words
    • Article, Illustration
      Driving home a point
      50 10 TOKYO The secretary-general of Japan's ruling Liberal Democratic Party, Tamisuke Watanuki, driving his Buick Park Avenue into the Parliament parking lot on Tuesday. He bought the American-made car following US President George Bush's visit to Japan earlier this year as part of a 'Buy American' drive.
      50 words
    • Article
      Lock icon France scales back growth forecast to 2pc for this year
      254 10 Reuter PARIS France's National Accounts Committee, an official panel headed by Finance Minister Pierre Beregovoy, expects gross domestic growth of 2 per cent this year and 2.6 per cent in 1993, the Finance Ministry said on Tuesday. The forecast represents
      Reuter  -  254 words
    • Article
      Lock icon Latest statistics point to recovery for US economy
      317 10 NYT WASHINGTON The US economic recovery appears to be finally taking bold as the government's chief forecasting gauge advanced 0.8 per cent in February for the second straight month. The increase in the Index of Leading Indicators was broadly based and was
      NYT  -  317 words
    • Article
      Lock icon Critics attack IMF's Russian reforms as too painful
      424 10 Reuter WASHINGTON More pain than gain is how critics describe the "shock therapy" that the International Monetary Fund has prescribed for the Russian economy to shift it from communism to capitalism. "Shock therapy has an effect very near the consequences of a
      Reuter  -  424 words
    • Article
      Lock icon Libya's Third World investments may be beyond UN reach
      459 10 Reuter CAIRO Libya has spun a multi-billion dollar web of investments across the developing world which would be hard to seize if the Lockerbie crisis worsened and the UN voted for tougher sanctions. The Security Council voted for limited sanctions against
      Reuter  -  459 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      438 10 I Golden Hope I I T T Plantations Berhad I I Golden Hope (m«on»or^i»M. to y.to, I DIVIDEND I I ANNOUNCEMENT I I NOTICE IS HEREBY GIVEN that an Interim I I Dividend of 4 sen per share (less 35% tax) has I been declared by the Directors of Golden
      438 words
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      Page 11 Advertisements Column 1
      886 11 I Message from the ch.irm.n, "J" he pursuit of higher standards and quality in Si? "s^n^e^Ltd 9 Di 1 Cosiink (Singapore) Pte Ltd MB I f re j g ht forwarding to meet the increasing demands While economies are growing and trade links i U m,rtc «>• opening of our
      886 words
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  • Article
    A Japanese slowdown
    473 12 EDITORIAL THE use of the prefix "emergency" in relation to economic revival measures announced by the Japanese Government two days ago is rich with irony. After all, Japan has been perceived as an economic powerhouse, quite oblivious to a recession. Between 1985 and 1990, the Japanese economy
    473 words
  • WHAT THE OTHERS SAY
    • Article
      Setting the record straight
      154 12 IT WAS with a sense of hurt puzzlement that Singaporeans surveyed last week's editorials in The New Straits Times, Malaysian Business Times and Utusan Malaysia criticising the Republic for habitually adopting arbitrary, unilateral and insensitive measures that affect Malaysians. What was found unacceptable was not only
      154 words
    • Article
      Social responsibility
      152 12 GETTING tax payers to file their income tax returns on time is certainly not an easy task for the government. So the Internal Revenue Department will introduce harsher measures next year. Those who return their forms late will be fined automatically. It is hoped that more Singaporeans will
      152 words
    • Article
      Wrong accusations
      187 12 MANY recent comments and accusations by the Malaysian media on Singapore are not true. For example, it is not true that the Malaysian government was not told of the revised Vehicle Entry Permit scheme. The measure requiring Malaysian motorcyclists working in Singapore to pay a registration fee and
      187 words
  • REGIONAL VIEWPOINTS
    • Article
      Another side of HK
      193 12 THE Hongkong Tourist Association should be proud of the award it won last week as best national tourist association. It has worked hard to boost Hongkong's image as a tourist destination which last year saw six million visitors flocking to see, among other things, the territory's
      193 words
    • Article
      The best manoeuvre
      156 12 WHAT PERHAPS deserves our interest in this most recent dispute involving the US and Libya, however, are the efforts that have been made by both sides, but by the US and its Western allies in particular to involve international bodies such as the UN Security Council and
      156 words
    • Article
      Fighting inflation
      194 12 WHEN the major thrust of a central bank is to control liquidity to lower an inflation rate of just 4.5 per cent, it amply illustrates what Tan Sri JafTar Hussein means when he says Bank Negara (BNM) is managing the "happy problems of success". Malaysians have in fact
      194 words
  • Article, Illustration
    Lock icon Asian nations facing trade dilemma
    1285 12  -  No country in Asia believes its economy can growwithout open markets, especially those of the US and Japan. Toshihiko Kinoshita examines the region's approach to trade Toshihiko Kinoshita The writer is the treasurer and controller of the Export-Import Bank of Japan ASIA's developing countries, notably
    Source: Mitsui Taiyo Kobe Research Institute  -  1,285 words
  • Page 12 Advertisements
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      127 12 fIH p.Am *%8m HmSlf:-- E^ts! BusinessTrnes Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well Informed to maximise returns on Essential information accessible every business day your money. through Business Times. *f ""y yy. a SUI F on
      127 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      33 12 DOONESBURY BY GARRY TRUDEAU meujwtbnouse-opo'unit Smawp f any \tmw%isr\ ANUTTB UNIT OF K&AKH SxueoifMiAT WCXT] \n* HOUSC- h NCXPSUHOSeweeiONftTO SPKIAUST, AU£WJC3 VULNEMO* *jj| TO-HOUSe I FfOteT CUT NB6ATMZ INfVtMA- RIGHT, CP? GIViWnFY iiAE
      33 words
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  • ANALYSIS
    • Article
      Lock icon Becoming a partner no longer the magic moment
      803 13  -  Some people, when offered a partnership in a law or accounting firm, are thinking twice and even saying no thanks. Alison Leigh Cowan explains why Alison Leigh Cowan NYT FOR DECADES, becoming a partner in a law or accounting firm was almost
      NYT  -  803 words
    • Article, Illustration
      Lock icon Guangdong-style capitalism thriving well
      1630 13  -  Catherine Ong, reporting from Guangzhou, takes a look at how 'socialism with Chinese characteristics' is faring in China's southern province Catherine Ong CAPITALISM, Guangdong-style, reminds one of a Canada Dry soft drinks advertisement which goes like this: "It looks like whiskey, tastes like whiskey but it's
      Graphic by International Business Week; Data from Guangdong Provincial Government  -  1,630 words
    • Article
      Chinese firms facing protectionism from their own kind
      285 13 IS IT a wonder that foreigners find it difficult to break into the elusive market of 1.1 billion consumers in China? Chinese enterprises are themselves facing protectionism outside their local turfs, according to Yu Zu Ri, deputy general manager of Zhongshan Polyester-film
      285 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Keeping the ball in your court always
      1038 14  -  An agency grows by building client business, and part of it is doing better than your competition. Sangeeta Mulchand reports on an agency which is doing just that Sangeeta Mulchand THE sign outside the shophouseoffice at Amoy Street says Bozell. Inside, however, D&D
      1,038 words
    • Article
      Task force to look into industry's annual awards
      407 14 THE Singapore ad industry's Oscars is to come under the scrutiny of a task force charged to re-look the rules governing entries, and to increase the professionalism of the event. The task force is to be headed by McCann Erickson managing director
      407 words
    • Article
      McCann clinches $2m CableVision account
      146 14 McCANN erickSON has clinched the $2 million Singapore Cable Vision (SCV) account in a five-way tussle involving The Ball Partnership, Batey Ads, BSB Singapore, and Dentsu, Young Rubicam. McCann will create advertising for SCV's three subscription television channels, the first of which a 24hour news
      146 words
    • Article
      One plus one may equal three
      586 14  -  In the third of an on-going series, Andrew Kefford talks about takeovers and mergers Andrew Kefford TO THOSE not directly involved in the advertising business, the manner in which advertising agencies change ownership through takeovers and mergers can be confusing and even disturbing, especially
      586 words
    • Article
      COPY LINES
      285 14 SINGAPORE A full-page advertisement for Austin Hills on Monday prompted more than 200 telephone calls from potential members, as well as a few from feminists upset by the copy. The ad by Batey Ads for the country club reads: "You have only one more day to join Austin
      285 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      81 14 |£i <• Bmß rr* i WAITING FOR YOU. Jk www Wherever you W Omni always a warm Because the Centre to type an y 0 anything else. That's why so many guests Omni d Hotels Asia-Pacific SINGAPORE OMNI MARCO POLO HOTEL HONGKONG OMNI THE HONGKONG HOTEL OMNI MARCO POLO HOTEL
      81 words
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  • FOCUS
    • Article, Illustration
      Transforming S'pore into an intelligent island
      351 15 IT2OOO Report The National Computer Board's ambitious blueprint, spelt out in its IT2OOO Report, sees the Republic's transformation into "an intelligent island" in five areas. First: The introduction of state-of-the-art information technology (IT) will make Singapore an important link in the global information network.
      351 words
    • Article
      An IT backbone but details yet to be fleshed out
      421 15  -  Reports by Kenneth James and Claire Leow WHEN ASKED to specify what the National Information Infrastructure (Nil), or the IT2OOO vision, would do for Singapore, Ko Kheng Hwa was not at a loss for words. The chief executive of the
      421 words
    • Article, Illustration
      Lock icon Balancing integration and flexibility
      548 15 WHEN linking computers throughout the nation, integration and flexibility are surely desirable. But only up to a point, according to the IT2OOO report released yesterday. Synergy, the harmonising of different parts so that the whole is greater than the sum of its parts, is a big
      Source: IT 2OOO Report  -  548 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      385 15 Head is one of the world's most celebrated other words, we've put more weight where you names Since 1947 oor the all. When innovations have literally revolutionized the you make a less than perfect shot mif sports of squash. And now, turn out better than you expect. Because the £j
      385 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lendl wins by default at ATP Estoril Open
        105 16 LISBON Top seed Ivan Lendl slipped through yesterday to the second round of the US$5OO,OOO ATP Estoril Open when Dutch player Mark Koevermans retired in the second set. The rain-hampered match was about to restart in the first game of the second
        105 words
      • Article
        Volkov conquers altitude
        55 16 JOHANNESBURG Top-seeded Alexander Volkov of Russia adjusted to Johannesburg's altitude yesterday and beat Clinton Marsh of South Africa 6-2, 6-0 in the opening round of the South African Outdoor Open. "I found that the ball flies easily, bounces high and is difficult to control," Volkov said when
        55 words
      • Article
        Sainz close to victory
        96 16 NAIROBI Carlos Sainz of Spain is now just a day away from a memorable first victory in the 40th Safari Rally. Sainz, having led from the start, was still in front at the end of Tuesday's fifth stage. His Toyota was 28 minutes ahead of Argentina's
        96 words
      • Article
        Borg bounces back
        70 16 HOUSTON Bjorn Borg, making a comeback at age 35, beat 26-year-old fellow Swede Peter Svensson 6-2 6-7 (3-7) 6-3 on Tuesday at the River Oaks International tennis tournament. "I was pretty satisfied," Borg said after playing his first match since nearly a year ago at Monte Carlo
        70 words
    • Article, Illustration
      Lock icon Winds change for Stars and Stripes
      470 16 America's Cup AP SAN DIEGO Big Bad Dennis is back. Dennis Conner, jinxed just weeks ago, sailed Stars and Stripes to its fourth straight victory over the America 3 Foundation, beating America 3 by 45 seconds in the second race of the America's Cup
      AP  -  470 words
    • Article
      Lock icon Top seed Martinez wins, Fernandez loses
      272 16 AP HILTON HEAD ISLAND South Carolina After tor rential rains washed out mos of the first-day matches, tht sun broke through at the Family Circle Cup yesterdav and seven of the nine seedec players advanced. Conchita Martinez o: Spain, at No 5 the highesi
      AP  -  272 words
    • Article
      Lock icon Noah quits as French Davis Cup captain
      273 16 AP PARIS Yannick Noah, who captained France to the Davis Cup championship last year, yesterday announced that he was quitting, two days after a quarter-final loss to Switzerland. Tennis officials said Noah had informed his players of the decision weeks ago. Evoking the
      AP  -  273 words
    • Article, Illustration
      Siemerink recovers to defeat Woodbridge
      300 16  -  By Susan Tsang SINGAPORE The third day of the Epson Super Tennis Championship yesterday saw another of the top seeds in trouble, but unlike Richard Krajicek and Amos Mansdorf, Jan Siemerink managed to pull his game together to defeat Todd Woodbridge 6-3, 4-6, 6-4. In
      300 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      256 16 the Quadrant f:/-/ j| j riri from Ae ooocr« buildmg standing at the juncoon of Ceal Socet and 1 LJ L L moo^oldrd^C^.^.mmmmfcr ll ll I*l 7 Church Street With the Raffles Race MPT station just a 4/ /J\\ i* 10 j 4 «™ni*«k^is ;jf' lto U d o,<B 11
      256 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      99 17 From today, the most exciting place in the world will be your living room. Introducing Singapore Cable Vision, Singapore's brand new subscription TV service. For as little as 96c a day, Singapore Cable Vision connects you to a wider world of TV viewing choice. And it's beginning right now with
      99 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1080 18 Blld. where to wine, dine or T2are, royal steamboat feast arrives from Beijing k. *fc££|.)ig For the first Steamboat set time, savour the lunch or dinner choicest cuts of at CF the leanest lamb person (min 2 11 dips. Other ree Mongolian reservations: specialities and 299 9011 r« ——an Plaza
      1,080 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      644 18 TELEVISIONAWP RADIO f WWW "y dance v ideos are among 6.30 With the Quran. RItCINFSS ON RADK& m *m -m 1 1 SBCI2 this week's crazy situations to 6.45 Reiigious Programme. DiH he or Hidn t srss-c-. v/l vilvill L llv 7.00 CNN (L). 9.30 lake and the Fatman Come
      644 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Which came first — the tube or the fat?
      612 19  - Which came first the tube or the fat? Literally entranced by the idiot box, children metabolise more slowly. Jane E Brody reports Jane E Brody NYT WHY ARE children who watch a lot of television fatter on average than those whose viewing habits are more limited? Is it because television
      NYT  -  612 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      140 19 AND ENTERTAIN Turkish Delights j Embark on an exotic mystical gastronomic 1 journey... the Turkish Dinner Buffet. Available from 14 to 28 March 1992. 7.00 pm to 10.00 pm $25.00++ per adult $16.00++ per child JKk ANA HOTEL SINGAPORE I For reservations, i 6 n***™ mi. sogapor* ia» I call
      140 words
    • Advertisement
      Page 19 Advertisements Column 2
      331 19 When you see this sign you can expect the best because only restaurants which meet the highest standards of beef cuisine receive it. YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAURANTS: JACK'S PLACE STEAK HOUSES (733-1211) THE COMPASS ROSE (f THE TEA ROOM (WESTIN HOTELS 338-8585) HUBERTUS GRILL CAFE
      331 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII slides below 1,400 as Nikkei plunges
      3037 20  -  By S N Vasuki THE comparison is interesting. Yesterday, Tokyo's Nikkei Average plunged 764.16 points to close at 18,581.79, its lowest level in five years. In response, Singapore's Straits Times Industrials Index dived 20.20 points to close at 1,394.06, its lowest level since
      3,037 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2763 21 SPH Foreign 1290 +20 +16% UOB Foreign 675 +10 +1.5% Keppel Corpn 700 5 0.7% Spore BusF 500 685 5 +0.7% UOB 635 f 5 0 8% Hai Sun Hup 20* 235 f2 *0.9% S Reinsurance 142 +2 +1.4% UOF 153 +2 +1.3% Sing lnv
    2,763 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      117 21 YOUR KEY TO BETTERBUSINESSDECISIONS! wj Shine is Singapore Press Holdings' inforich database financial sratementsk highlights, graphs, latest results team: T. S. Liu on 740J035, Hazel Ong on -40 1771 VLH on Teleview, which incidentally is the most advanced and company news. or Tony Chu J— videotex, system in the world.
      117 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2778 22 MU1 167 +6 +17* OILUSW.IO 69% +1*» +12% UMW 2*8 +2 +0.7% Ltaa Hm 63 +1 +1.6% MCBHUpSO* 73 +1 +1.4% A4a Pk Ld W 30 +V» +1.7% Mford 30* 57% +V. +0.9% 9m*y Oroop 73 +0.7% Idrit Hyd 30* 43% +1.1% lUMg Bhd 30*
    2,778 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      255 22 B us I N *L s T 1 M E -f ITK) METRO METRO IS SINGAPORE Director Of Finance 1 his is a senior appointment. The have a good knowledge of IT and appointee is a division head and will report computerised accounting systems in to the Managing Director of
      255 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower in response to weak Nikkei
      4835 23 Decliners lead advancers by 210 to 32 Bernama LIQUIDATION of blue chips following a sharp fall on the Tokyo market yesterday took share prices here to a lower close. The KLSE Composite Index at the close fell 4.84 points to 588.37, the
      Bernama  -  4,835 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      111 24 Campawy Date Yaar Graap Net Nat timings 6m« Ma to prcAt/tost (L) par shara dhrtdaiHl ('000) (casts) Kmtas Mar 2/ Dec 91 MJU.900(M$4.720) 10 76(9 1) 5(47) MUI6 Mar 27 Dec 91 MJ44 255(MJ34.172) 68(58) 7(3) Orrtos Feb 13 Sep 91 $45.623j(J38.9U) 14 8(12 8) 23 6TE(30TE) Kl
      111 words
    • Article
      PRELIMINARY RESULTS
      640 24 C«HM«y Data Year Group pre-tax Met aaratofs 6tm» an to prpflt/tosa (L) par skare <NvMa«d (000) (carts) Bonvest Mar 31 Dec 91 $2.65/(S1.666) 0 7(—) l(-) ICS Mar 31 Dec 91 $12.176($27.802L) 20 9(-) 6(13.5) Intraco Iter 31 Dec 91 $8.736($10.058) 91(94) 4(4) Parkway Htdgs Mar 31 Dec
      640 words
    • Article
      DIVIDENDS ANNOUNCED
      1350 24 Carroat Ex Books Date Total *«r Total tor paymoat date ctesa payable the yoar last year A am St Jun 5 Jun 18 Jul 2 51 5% Amt* Enj 50C 6%TE(I) Apr 15 Apr 21 Apr 30 12%TE 12%TE Find US10C(b) Mar 10 Mar 20 Mar 30 US10C
      1,350 words
    • Article
      CORPORATE DEVELOPMENTS
      73 24 Mar 30 The Sembawang Group has joined forces with one of Hongkong's biggest and most aggressive property groups, Sino Land, to set up a new company in Hongkong to coordinate its business. Leader Universal Hotdings has announced a voluntary takeover offer for Federal Cables. Wires Manufacturing. Mar 24
      73 words
    • Article
      APPROVED ISSUES
      262 24 Company Rights Issue COL Consolidation of every four stares of HKS025 into one stare of MSI 00 nominal amount Refits issue of ftve-for«ght HKSO 36 per stare before consohdation Ex-date Mar 26 Books dose Mar 26 Acceptance Payment KYA MC8 IMp One-tor ten fe, MSI 10 per stare
      262 words
    • Article
      COMPANY MEETINGS
      73 24 Gold Coin Ltd: EGM at Aetna Ltd. The Conference Room. 17 Jurong Port Road. Singapore 2261, on Friday. Apr 3, at 9am United Overseas Bank Ltd: EGM at the Board Room. 30th Storey. UO6 Building, 1 Bonham Street. Raffles Place. Singapore 0104, on Friday. Apr 10, at 3pm
      73 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      355 24 In local curr In S$ In USS d) jfr dy yr <y jt Mar 31 Index chge chge chge chge chft chge World 388.0 -0.1 -5.0 -0.5 -6.8 -0.1 -8.7 iEAFE 470.0 -0.3 -6.4 -0.5 -10.4 -0.1 -12.2 Europe 427.2 0.0 3.9 -0.2 -1.7 0.2
      355 words
    • Article
      INTERIM RESULTS
      237 24 Ciw>«i> Date Half-year Grwip pra-tax Marin aaa ta praftt/kss (L) RMCA Re Mar 31 Dec 91 $51.1771 ($*****1) USB Mar 30 Dec 91 M$2,019(MS10,25«) Amal Steel Mar 30 Dec 91 M$70.015(M$82.361) Boustead Mar 30 Dec 91 M$27,134(««17,902) Faber Group Mar 30 Dec 91 M$23,759(M$2.435U Ind (hygen Mar 30
      237 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 24 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
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  • STOCK EXCHANGE OF THAILAND
    • Article
      Lock icon Index closes lower amid uncertainty
      2149 25 Reuter UPI SHARE prices ended mixed yesterday with advances almost equalling declines as investors awaited news on the formation of the new government, brokers said. The SET Index ended 0.30 lower at 822.42 on a moderate turnover of 4.99 billion baht, 2.46 billion baht lower
      Reuter; UPI  -  2,149 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Shares close higher in active trade
      1183 25 Reuter JAKARTA stocks yesterday closed higher in active trade as local and foreign buying pushed the index 0.82 points up to 279.51, brokers said. Turnover jumped to 9.46 million shares compared with Tuesday's 4.5 million. Ultra Jaya closed unchanged at 4,700 rupiah with 1.07
      Reuter  -  1,183 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      7 25 Plan your career in the Every Wednesday
      7 words
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      Page 25 Advertisements Column 2
      90 25 THE WINNING TEAM HmJ^i[WEEKENDM*t CLASSIFIEDS! Call *****46/*****92 FOR BITS AND BYTES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although
      90 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks dive, Nikkei closes below 19,000
      2637 26 Reuter STOCKS plunged and the Nikkei Average yesterday closed below 19,000 for the first time since January 1987. Investors sat on the sidelines, dismayed that the market shrugged ofT yesterday's discount rate cut, as futureslinked and small-lot selling I sliced prices, brokers said. The
      Reuter  -  2,637 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon China rumour stems market slide
      2566 26 Reuter SHARE PRICES closed lower yesterday but off the day's lows after a morning plunge was capped by market rumours that China would announce favourable changes to its top leadership, brokers said. The blue-chip Hang Seng Index closed the day down 28.35 points or 0.57
      Reuter  -  2,566 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Tokyo plunge drags shares lower
      2186 27 Reuter SHARP falls on Tokyo's share market yesterday dragged Australian stocks to a weak close in spite of early gains and the release of positive February trade data. Brokers said the local market held up well considering the Nikkei Index sank below its second key
      Reuter  -  2,186 words
  • REGIONAL STOCK MARKETS
    • Manila stocks up but investors still sidelined
      • Article
        MANILA
        542 27 SHARE PRICES, which hit bottom two weeks ago, closed stronger again yesterday but most investors are still waiting for the appropriate time to return to the market, brokers said. The Manila Stock Exchange Composite Index rose 6.87 points to close at 1,099.81. "The market won't be very strong. It
        542 words
      • Article
        NEW ZEALAND
        165 27 NEW Zealand share prices yesterday closed easier. The NZSE-40 Capital Index fell 2.90 to end at 1,405.31. New Zealand Apr 1 NZ Cents VoJ('OO) ANZ Banking 541 8 175 Bank Of NZ 63 -1 1684 Baycorp 15 unch 775 Bnerley Inv 93 1 ***** Carter Hoh 227 3
        165 words
      • Article
        INDICES & TURNOVER
        51 27 INDICES TURNOVER Chat A»rl nwtaa NEW SULMMD NZSE-40 Capital 1,403.31 1,408.21 -2.90 iMU Compoarte Index Turnover (million) 1,099.11 1,130 1,092.94 709.7 +6.87 +440.3 TMPC Weighted Price Index Turnover (NTS billion) 4,676.48 4,800.94 24.3 16.9 -124.46 +7.6 yjyi Com pout e Stock Index Turnover (billion won) 599.0 329.7 606.32 388.7 -7.32
        51 words
      • Article
        TAIPEI
        558 27 HEAVY SELLING pulled Taiwan share prices sharply lower across the board yesterday, and brokers said the market index could now test strong support at 4,600 points. The weighted index finished 124.46 points or 2.6 per cent lower at 4,676.48, after dipping as low as 4,660. Turnover rose to NT524.5
        558 words
      • Article
        SEOUL
        862 27 THE Seoul stock index yesterday fell below the 600 resistance level for the second time in a week on profit-taking linked to large-capital manufacturing and financial shares, brokers said. "There was profit-taking of largecapital manufacturing and financial shares, but the low PER shares continued to be popular (yesterday)," said
        862 words
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  • WORLD STOCK MARKETS
    • US stocks fall after promising start
      • Article, Illustration
        NEW YORK
        1239 28 STOCKS on Tuesday closed pretty much as they ended the first quarter of this year, weakening at the end after a very promising start. The Dow Jones Industrial Average closed at 3,235.47, up 0.23 points on the day, and 66.64 points, or 2.1 per cent, for the quarter.
        1,239 words
      • Article, Illustration
        LONDON
        829 28 SHARE PRICES on Tuesday ended the 1991/92 fiscal year on a weak note as worries over the bank and property sectors compounded nervousness over the political outlook in the run up to the April 9 general election. The FTSE index closed 12.8 points down at 2,440.1, at a three-month
        829 words
      • Article
        FRANKFURT
        284 28 GERMAN shares more than reversed Tuesday's tentative gains to end 0.6 per cent lower yesterday as sharp losses in Tokyo and weakness on other European stock exchanges soured the German market's mood. Dealers said trade was generally thin with most investors sidelined. Some were even optimistic that the losses
        284 words
      • Article
        AMSTERDAM
        146 28 SHARES closed mixed on Tuesday after spending the whole session looking for direction while investors stayed glued to the sidelines, dealers said. "It's been dead quiet with the market looking for impulses which should either come from Wall Street or from the British elections," said Jan Willem van der
        146 words
      • Article
        PARIS
        236 28 FRENCH SHARE PRICES forged ahead on Tuesday after the TFI television station said French Prime Minister Edith Cresson would tender her resignation, dealers said. The blue chip CAC-40 index, which had spent most of the morning motionless waiting to see whether Mrs Cresson would be replaced, stood 11.41 points
        236 words
      • Article
        MILAN
        266 28 ITALIAN STOCKS staged a timid rebound in thin trading on Tuesday with industrials and the telecommunications sector leading the bourse higher, brokers said. "On the industrials, some people probably think that there is little further downside potential," said analyst Massimo Verducci of broker Pastorino Sl Partners. The MIB All-Share
        266 words
      • Article
        ZURICH
        308 28 SWISS SHARES closed steady on mostly light turnover, dealers said on Tuesday. Pharmaceutical group Roche was very actively traded ahead of its 1991 results due late this week or early next week. Roche certificates, which closed 20 Swiss francs lower at 3,070, topped the active list, far ahead of
        308 words
      • Article
        STOCKHOLM
        147 28 SWEDISH SHARES closed slightly lower in lacklustre trade on Tuesday as the market took a pause to digest a period of high activity and steep price rises, dealers said. The all-share index fell 0.14 per cent to 989.33. The top-16 index shed 0.3 per cent. Turnover was average at
        147 words
      • Article
        JOHANNESBURG
        405 28 WINDOW-DRESSING of portfolios by unit trust funds helped push leading industrial shares higher in thin trade on the Johannesburg Stock Exchange on Tuesday, but mining shares continued to suffer from lacklustre metal prices and the strong financial rand. Dealers said unit trust funds were buying selected quality industrials to
        405 words
      • Article
        TORONTO
        262 28 TORONTO STOCKS ended slightly stronger in moderate volume on Tuesday with the gold and silver sector gaining back almost a full point and the financial sector slightly stronger. "It has been up and down like a yo-yo," one trader said. The TSE 300 climbed 5.4 to 3412.1 on a
        262 words
      • Article
        Untitled
        124 28 Brussels Mar 31 Francs FORWARD MARKET Acec 2360 5 Arbcd 4170 +20 Astur 504 Brascan 500 2 Canpac 485 I Cock 152 -3 De Beers 832 2 Ebes 7730 GBdg(P) 2120 +5 Gb-lnno-Bm 1332 10 Gevaert 6990 20 Gr Bru Lamb 3215 20 Hobok Pet no ***** 9025 Ryl Dutch
        124 words
      • Article
        INDICES & TURNOVER
        73 28 INDICES TURNOVER Mar 31 Owe NEW YORK Dow Jones 3,235.47 3.235.24 +0.23 SAP 500 403.69 403.00 +0.69 Turnover (million) 182.7 134.2 +48.5 LONDON Financial Times 30 1,903.5 1,916.1 •12.6 FTSE 100 2.440.1 2,452.9 -12.8 Turnover (million) 475.1 4058 69.3 FRANKFURT DAX Index 1.707.30 1.717.86 -10.56 AMSTERDAM EOE Index 303.29 302.90
        73 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      25 28 The Brussels market report was not available Innovation Technology in Business Times every Tuesday ATTRACT POTENTIAL CANDIDATES with mm Mi la the AFTOMTMEHTS' mum u
      25 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar climbs in Asia in spite of Bank of Japan intervention
      1251 29 REPORTS THE US DOLLAR was sharply higher against the yen in late Asian trade yesterday in spite of two rounds of dollarselling intervention by the Bank of Japan (BOJ) to support the Japanese currency in the face of
      1,251 words
    • Article
      Lock icon Investors seen avoiding lira before Italian poll
      437 29 Reuter MILAN Strong selling of the lira and the currency's steady fall against the deutschemark suggest investors are steering clear of the unit before Italy's general election. They will return to the lira markets but the new government will have to convince investors
      Reuter  -  437 words
    • Article
      FINANCIAL FUTURES
      1226 29 SIMEX EUROOOLLAR q Open High Low S«1 Est Vol Act/Vol Op/lnt 9 Q1 Q < A o Q< 4Q 95 47 95 47 5000 5954 ***** 9 SeD 92 95 08 95 09 95 07 95.08 4500 5590 ***** 9 S SSI U 94 29 94.30 2100 2319
      1,226 words
    • Article
      INTERBANK FOREX RATES
      380 29 Cross rates Apr 1 I USS SS MS Dm Yen SFr AS NZS USS 1.6570 2.5830 1.6450 132.70 0.5767 1.5000 1.2995 1.8298 SS 0.6035 1.5588 0.9928 80.0845 0.3480 0.9053 0.7843 1.1043 MS 0.3871 0.64 0.6369 51.3744 0.2233 0.5807 0.5031 0.7084 Dm 0.6079 1.0073 1.5702 80.67 0.3506 0.9119
      380 words
    • Article
      MONEY MARKET
      528 29 Interbank rates SS Bid Offer Overnight 3 3 1/8 1-month 3 1/8 3 1/4 2-month 3 3/16 3 5/16 3-month 3 1/4 3 3/8 Overnight mode: 2-15/16 US$ Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/8 4 1/4 2 months 4 3/16 4 5/16
      528 words
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  • COMMODITIES
    • Article
      Lock icon Trade negotiators fail to reach accord on steel exports
      497 30 AP Reuter GENEVA The US steel market will be opened to all suppliers after international trade talks failed to extend voluntary export restraints on Tuesday, but Washington is expected to use an arsenal of legal weapons to combat sales by subsidised
      AP; Reuter  -  497 words
    • Article
      Lock icon Oversupply likely to keep silver prices low: consultant
      199 30 Reuter LONDON World silver demand outstripped supply last year, but the large stocks held by metal exchanges, investors, governments and industry meant prices were unlikely to rise above US$5 an ounce in 1992, UK consultants said. Roskill Information Services said in a
      Reuter  -  199 words
    • Article
      Renewed buying interest continues to boost KL tin
      846 30 REPORTS THE PRICE of tin extended Tuesday's uptrend to close nine sen higher at M$ 14.50 sen per kg on the Kuala Lumpur Tin Market yesterday. In line with the US$2O rise on the London Metal Exchange overnight, dealers said renewed buying
      846 words
    • Article
      PRICES
      1397 30 Rubber A P n MKWIiWii) S cents/kg Noon Close Int 1 RSS Prompt I42.25/I43.25N 14I.7V142.75N Int 1 RSS May 92 143.00/143.50 142.50/143.00 Int I RSS June 144 00/144.50 143.50/144.00 Int 2 RSS OP 140.00/141.OON I39.50/I40.50N Int 3 RSS OP 139.50/140.50N 139.00/140 OON Int 4 RSS OP 137.50/138.50N 137 00/138.00N
      1,397 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      526 30 B U S I N E S S__L_L_M_LJ>— ItoW-tr—IWNo 737-0043 Fax No: 734 36Q6 I NOTICE I I This is to inform that we, JOSEPH LUMCHYE 11 QUEN (NRIC No. *****19/1) and SHARON M HO SU MAY (NRIC No, *****47/)) have J| resigned as Senior Designer and Senior Graphics Designer
      526 words
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      Page 30 Advertisements Column 2
      6 30 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1123 31 CM) fijfct ra nm< no a M MMW GA887 1415 GA894 2015 (Mil QF5 2010 SQ828 20<0 AmMM SQ23 0700 GA894 2015 KL833 0955 KL834 2325 GA975 1525 i ititr -r* I BAH T225 SQ285 2215 GF148 0915 MM»M GA525 1*50 I WBmhm BI453 1105 SO
    1,123 words
  • THE TRAVEL PAGE
    • Article, Illustration
      There's more to Soho than sex
      763 31  -  POSTCARD FROM LONDON By Kieran Cooke SOHO has always been an area set apart from the rest of London. It is the oldest immigrant sector of the city; Greek traders, and the Huguenots, victims of repression in France, were the area's first foreign settlers,
      763 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 39m yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2692 I.286S Canadian dollar 1.3781 1.4060 NZ dollar 0.8955 0.9136 Sterling pound 2.8598 2.8985 US dollar 1.6540 1.6620 Local dollars to 100 anits of foreign cwm>cy Austrian schilling 14.17
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      72 31 Duration Title Venue Organiser Td April 28Zimbabwe Bulawayo, Zimbabwe 263-9/***** May 3 International Zimbabwe International Trade Fair Trade Fair Apr 29Sixth Geneva Salon Intl 021/*****9 May 3 International du livre et (Fax) Fair for Books de la presse and Press Duration Title Venue Organiser Td April-May International
      72 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      45 31 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. W« Kao* Eyrofa from aurt to Wrw—h.
      45 words
    • Advertisement
      Page 31 Advertisements Column 2
      24 31 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
    • Advertisement
      Page 31 Advertisements Column 3
      28 31 Discos are a real blast literally. ?*J|f?Sffl We conduct tests at five entertainment establishments and made an interesting discovery. Are our discos breaking safety limits in sound levels?
      28 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      216 31 about summary by Scotsornamental shoulder--27 Was morally bound having done someone a favour (7) (7) come from another direc--28 Meal and part of it per- 8 Keeping a form of punish- tion 7 haps, a pikelet (7) ment (9) 24 Player found on course (6) 29 Drive away fast as
      216 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      166 31 Singapore Outlook: Showers over seven! areas in the late morning and afternoon. Report Maximum temperature 33.9 Assoc humidity 57% Minimum temperature 25.4 Assoc humidity 93% Hours of sunshine 9.15 Rainfall in mm Nil Rainfall this month Nil Rainy days this month 0 World report Asia-Pacific Hi/Lo* Cond. Auckland 2<Vl5 Goudy
      166 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      41 31 p foR FMMCTC- U RD? UNPur<cnjßi v iu) COPC WS |S CJMI£.U>) r FOR RePuGNPINT... G- FOR GHP>s"n_y I the. PuRGRTD(?W UM£? y A POR Pffcocious... T PoR TeD'OUS... J '\r o for ovcßci?ou)DeD...R Foe fePULsivt/ O AMOCIATCO NmVAKM LTD.. IM2-IM2
      41 words
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  • Article
    Lock icon Li Peng rebuffed by Chinese Parliament
    401 32 Revision of premier's report seen as major blow Reuter AFP BEIJING Hard-line Premier Li Peng suffered a major political blow when China's Parliament revised his report to it, Chinese sources said. They said the presidium of the National People's Congress had decided to insert
    Reuter; AFP  -  401 words
  • Article
    Lock icon Nod for Taipei constitutional changes
    131 32 AFP TAIPEI Taiwan's ruling party approved yesterday a landmark programme that could change the island's political system by upgrading the constitutional powers of its president and National Assembly. "This party has approved the 20-point constitutional amendment package passed at its third plenary session," James Chu,
    AFP  -  131 words
  • Article
    Lock icon US dossier on Narong implicates other public figures
    340 32 Reuter BANGKOK The United States' secret narcotics dossier on Thailand's Prime Minister-designate Narong Wongwan also implicates other public figures, a French news agency reported. Agence France-Presse, quoting sources, said the file, which spans several decades, links high-ranking military figures and senior former
    Reuter  -  340 words
  • Article
    Lock icon UK market falls as Labour leads polls
    246 32 Reuter LONDON Britain's Conservatives faced an uphill fight to retain power in the April 9 general election after opinion polls yesterday gave the opposition Labour Party a solid lead. Conservative leaders denied the polls were cause for panic, but financial markets, which generally
    Reuter  -  246 words
  • Article
    Legislators pass HK Budget after weeks of opposition
    430 32  -  From Catherine Ong in HONGKONG FINANCIAL SECRETARY Hamish Macleod has won two-to-one support for his maiden Budget but only after weeks of opposition from both liberal and conservative factions of the legislature. A total of 36 legislative councillors voted yesterday for the
    430 words
  • Article
    Lock icon UN votes to begin sanctions on Libya on April 15
    260 32 AFP Reuter UNITED NATIONS The UN Security Council has voted to impose an air and arms embargo against Libya and asked member states to expel most Libyan diplomats. The moves on Tuesday, taken following Libya's refusal to cooperate with international
    AFP; Reuter  -  260 words
  • Article, Illustration
    Make Gatt a better guardian of free trade
    914 32  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent SIX YEARS after the Uruguay Round of trade talks started, Gatt members are still talking. Gatt does not. as some might think, mean General Agreement to Talk
    914 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      6 32 Nikon The World's Finest Photographic System
      6 words
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      Page 32 Advertisements Column 2
      62 32 Nikon The World's Finest Photographic System Libya's Third World investments may be beyond UN reach, Pg 10 j@| J? A Masterpiece J fariokw* r ok«-. ai»i»«- arin^ «„.eri.«nn< Experience m»terpiece. flfetE Ml noble House Noble House IUICI Restaurant Pte Lid Shentnn Way, UIC Building Lev*! 6, Singapore 0106. Tel: 227
      62 words
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  • SHIPPING TIMES
    • Article, Illustration
      Sea Containers returns to tank leasing business
      399 33  -  By Rahita Elias SINGAPORE UK-based Sea Containers returns today to the tank container leasing business after a two-year absence. The company has already positioned 100 tank containers, which are used to ship chemicals and other liquids, around the world. Mr Edwin Khoo, general
      399 words
    • Article
      Lock icon Air traffic shows strong recovery from Gulf war
      225 33 Reuter GENEVA Air traffic has recovered strongly from depressed Gulf War levels, International Air Transport Association (lata) data released on Tuesday showed. lata said passenger traffic on international scheduled services jumped 46 per cent last month from February 1991, at the height
      Reuter  -  225 words
    • Article
      Lock icon Canadian fishermen stage protest
      274 33 Reuter NEWFOUNDLAND A protest fleet of seven trawlers launched a buoy into international waters off Newfoundland on Tuesday to dramatise Canada's claims to the disputed waters. Fishermen dropped the buoy, carrying a Canadian flag, to protest what they claim is overfishing by European vessels on the
      Reuter  -  274 words
    • Article
      Lock icon Seven in 10 Aeroflot planes too old
      173 33 AFP MOSCOW Seventy per cent of the aircraft that make up the fleet of Aeroflot, the world's largest airline, have reached the end of their "useful life" and the company's future is in doubt, Interfax news agency said on Tuesday. Aeroflot, which accounts
      AFP  -  173 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      857 33 Page Col ABC Containerize 12 I Accord Group 8 1-3 APL 5 3-5 A PC Line 13 5 Arrow Inter 9 2 •ASCL 5 9 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 19 3 Bangladesh Shpg
      857 words
    • Article
      Anera to raise 40-footer freight rates by US$270
      460 33  -  By Dexter Lee SINGAPORE The Asia North America Eastbound Rate Agreement (Anera), whose members include Singapore national carrier Neptune Orient Lines, will go ahead with its planned freight rate hike of US$27O per 40-ft container on May 1. An Anera statement from
      460 words
    • Article
      Lock icon EC to fine shipping lines for illegal cartel
      211 33 Reuter BRUSSELS The European Commission was due to fine a string of major French and Scandinavian shipping lines yesterday for colluding illegally to corner shipping business between Europe and West Africa, Commission sources said. The sources said the Commission was debating the
      Reuter  -  211 words
    • Article
      Thailand's Time Line merges with sister firm Unithai Line
      550 33 BANGKOK Time Line Co, an affiliate of United Thai Shipping Corp (Unithai), has merged with its sister company, Unithai Line Co, to form a stronger shipping network and to prepare for future expansion, reported The Nation on Tuesday. The merger took
      550 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Trim world tanker fleet, urges Conoco manager
        91 34 NEW YORK The world's tanker fleet needs to trim a few unwanted tonnes to get back to healthy economic shape, according to Captain Antonio Valdes, manager of marine operations for Du Pont Co's Conoco Inc. Capt Valdes, in an interview, called on the
        91 words
      • Article
        Indian bulker for Hamburg survey
        41 34 LONDON The Indian bulker APJ Shalin has requested a survey following main engine damage, Lloyds Shipping Intelligence reported. The 73,815-dwt APJ Shalin left Sepetiba Terminal, Brazil on March 8 and arrived at Hamburg on March 30.
        41 words
      • Article
        Plane crashes in southern Spain
        93 34 GRENADA Twenty-three Japanese passengers escaped unhurt from a plane crash in southern Spain in which 26 people were injured, a spokesman for the Spanish airline Aviaco said on Tuesday. The Aviaco DC-9 plane, with 94 passengers on board, split in two as it crashed onto
        93 words
      • Article
        Plane lands safely minus engines
        100 34 MARSEILLES A Nigerian Boeing 707 cargo plane on a flight from Kano in Nigeria to Luxembourg made an emergency landing at a French military base on Tuesda> a i^ r losing its two right engines, military sources reported. The Diane with a crew of five
        100 words
      • Article
        HK police raids shipyards
        90 34 HONGKONG Hongkong police on Tuesday raided four shipyards allegedly producing high-speed boats for smugglers, arresting 13 men and seizing illegal vessels and engines, officials said. In what the police said was a major blow to smugglers, the raid netted HK$5 million (Ssl.l million) worth of modified
        90 words
      • Article
        Garuda to buy 41 wide-bodied jets
        109 34 JAKARTA The national flag carrier Garuda Indonesia plans to buy 41 wide-bodied jets and lease seven others from Boeing Co of the US and the European consortium Airbus, a Garuda spokesman said on Tuesday. Yansius Siahaan said the airline would buy 12 Airbus A-300/600s,
        109 words
    • Article, Illustration
      Lock icon French war cry against US
      756 34 Angry and bitter over increased competition from the more efficient American airlines, France is seeking to limit their flight capacity Business Week APRIL in Paris spells romance, and US airlines hope that Americans will forget the recession and fly off for some French-style fun. The
      Business Week  -  756 words
    • Article
      Lock icon Hardball a la Francaise
      107 34 Business Week TO GET US carriers to cut summer capacity by about 20 per cent, France wants: AMERICAN: To forgo a second daily flight from Chicago to Paris. DELTA: To drop plans for a non-stop Orlando-Paris flight, scheduled to begin on June 4, and for continuing
      Business Week  -  107 words
    • Article
      COCKETT BUNKER MARKET REPORT
      782 34 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
      782 words
    • Article
      THE SHIPPING GUIDE
      13304 42 This is a list of ships loading at Singapore for ports around i the world. It tabulates, by j destination, the name of the ship, the shipping line in- j volved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship
      13,304 words
    • Article
      SHIPPING AGENTS
      3157 47 C oataineriine NV: Betsin Shpg IP Agencies Pie Ltd (SVManne Handling Sdn Bhd (PK/PN). PH Accord Group: Accord Shpg Pte Ltd (SV Accord Contr Line (PK/PN). Adkris Basiaess Corporatioa Philippine 0 Calsource Shpg Trdg Pte Ltd (S) Xhreakiel liner Sen** Kim Shpg A 0 Trdg (S). \lbatros Sea-Air
      3,157 words
    • Article
      COURIER SERVICES
      257 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel. 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Ouster link Supplies Services Tel:
      257 words
    • Article
      AIR FORWARDERS
      1491 47 Ahex Express Freight Fl; Td: 542-7171. Fax: *****84. Te Actinic Forwarder Td: 225-1833. Fax: *****42. Fr Activair Singapore 54 Td: 542-7812: Fax: *****20. Aero!ink Freight International T Td: 545-803lFax: *****05. Aerospeed j< Td: 542-5911. Fax: *****18. 5 < Air Cargo Novo Express p. Td: Fax: *****06. X( Air
      1,491 words
    • Article
      PORT CONDITIONS
      3298 48 1 No report received. < AUSTRALIA On Mar 23 at 0800 hours Dalrymple Bay coal terminal unions had I slopwork meeting resulting in strike action, but returned to work on Mar 1 23 at 1900 hours on recommendation of arbitration commisioner. One vessel was loaded, locked in berth;
      3,298 words
    • Article
      AIR FREIGHT SCHEDULE
      516 48 ARRIVALS DEPARTURES Of FUckt Tm ETA T Fnm Of ETP T T foMY TOOAY KAI KE697 B747F 0150 I SEL KAL KE697 B747F 0440 1 BKK "«J7 SwF lis 2 CPH/DXB MA SQ/ B747F 07IJ J DXB/U3N SS Z™ VZ& !t» NRT"" 18 SIA B747F 2..S 2
      516 words
    • Article
      SHIP SALES & TANKER RATES
      1136 48 SHIP SALES TANKER RATES VESSELS ON OFFER K.JL DUiK urrMfs AirxitK 120,608 dwt and built Nov 1972 Mitsubishi Hiro, serious sellers. Veaette: 64,395 dwt and built Apr 1983 Oshima Shipbuil, officially withdrawn but might still develop against an attractive price. Falcoa Sea: 38,173 dwt and built July 1980 Georgi Dimitrov,
      1,136 words
    • Article
      CRUISE & FERRY SCHEDULES
      596 48 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait D- N—««fV—« FTA FIT) PMtaafCais ggM ML 02 02 Fedor Dostojewsky 0700 0600 World Cruise Jardine Shipping 02 02 Asean Worid 0900 1800 Sin-Jakarta Sembawang Johnson 02 02 Renaissance 4 0800 1600 Sin-Krakatau- Barwil Agencies Kuching 03 04 S ex* of Flower 0800 2230
      596 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        430 49 VttMl fry* irt» jjggtw toMl il» Bxh toM D+Ktm* Marina Terminal 1 swnbiwMi Trnwiml Arwana Mas I 002 1103 Axt»k 3104/2300 Ikan Tatar* 11S S03 atonpde 3104/0600 Batam Sayar* *****2 M05 atoopOe 3104/0500 Pan Sunny VOW $02 atonpde 31 04/1800 &jntuwaya4 «11 M01 ato(*s*te 01 04/1200 Gemini
        430 words
      • Article
        IN MALAYSIAN PORTS
        200 49 lofcore Pert Berth: 1: Lian Keong, 2; Bangtumpoo; 3: Yun Lm; 4: Maribor; 5: nil; 6; Bunga Penaga. 01 jetty: Lina 101. DC* Immanuel Kant. Dm en Apr 1: Sherakaze, Global Ceres, Kyoei Maru No 3, Johan I, Pmya, Manka, Sanko Humanity, CPC Nippon. Due en Apr
        200 words
      • Article
        CONTAINER SCHEDULE
        1427 49 delivery of Fa IMPORT containers in progress »,No CwMwn«w*M» Mp W» tnkt* ZZT"jZj *****2 0815 Mrtrans tip 361 COO(EST) 010* 92 2230 ni 65W 31.03 92 0835 Ood Fortune 31E COO(EST) 0104.92 1500 World Lyra «91S 3103.92 0920 Beauty River 12E COO(EST) *****2 1500 16A 3103.92 0930 Ak
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      TRANSPORT DIARY
      973 50 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, organised by Seatrade. The event ■will take place at The Westin
      973 words
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      DAILY FREIGHTS
      581 50 PANAMAX and capesize freight rates on Tuesday were weaker again in the freight market, resulting in a Baltic Freight Index mark-down of six points to 1,180. US North Pacific/Japan grain was fixed at USS 11.40 with combination and the BFI level dropped to U5511.72 from U5512.25. However, route
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      Vietnam Airlines to get 2 ATR-72 planes this year
      400 52  -  Earlier bid for Airbus planes failed because of US embargo From Harish Mehta in HO CHI MINH CITY VIETNAM Airlines, barred from buying Western aircraft due to the US trade embargo, will take delivery of the first of two European ATR-72
      400 words
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      Lock icon Garuda to reduce number of aircraft
      246 52 AFP JAKARTA Indonesia's Garuda airline is to rationalise its fleet of aircraft, cutting back its size from 97 to 48 planes made by US firm Boeing and the European consortium Airbus, a spokesman said on Tuesday. "Our company has taken a decision on planning
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      Lock icon Continental accuses Pacific Micronesia of breaking contract
      356 52 UPI HOUSTON Continental Airlines has accused Pacific Micronesia Corp, the company that was supposed to buy its Pacific operation, of breaking the contract and told regulators it no longer wants to pursue the US$29O million (SS4B4 million) deal. The airline said Pacific Micronesia
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      Lock icon CIS failure may disrupt Europe-Asia air links
      478 52 IHT SINGAPORE Failure of the Commonwealth of Independent States to hold together could severely disrupt international air links between Asia and Europe, aviation officials said on Tuesday. If air traffic over the former Soviet states was blocked, it would cause "a tremendous problem"
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      Lock icon Former Pan Am flight crews attend UN vote on Libya
      259 52 Reuter UNITED NATIONS Former flight crews from the defunct Pan American Airways in full uniform sat in the Security Council gallery on Tuesday to watch the 15member body clamp an air and arms embargo against Libya. Captain Bruce Smith, wearing
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      Lock icon Bush urged to back F-15 sale to Saudis
      287 52 UPI ST LOUIS The head of McDonnell Douglas Corp and five other aerospace executives said on Tuesday they have urged President George Bush to support the proposed US$5 billion (SSB.3 billion) sale of 72 F-15 jet fighters to Saudi Arabia. The executives
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      Lock icon US to crack down on mislabelled imports
      181 52 AP WASHINGTON The US Food and Drug Administration plans to crack down on importers who try to bring mislabelled drugs or adulterated food into the US, the head of the agency says. That may include seizing the cargo permanently, said FDA Commissioner David
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      9 33 532/W! For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      249 33 THE famous AtffWJUIA/ a MM UWjJm EE3M3 224 1833 For more information please refer to Pg. 13 A* Forwarders 15 fcr Frwght Schedule 16 Cocfcett Report 2 Container Schedifc _Z 17 Courier Services 15 Cruise Ferry Schedules 16 Darty Freghts 18 Indei 1 Port Conditions 16 Shpping Agents }5 Shipping
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      93 34 r FOR SUCCESSFUL MANAGEMENT OF YOU^M^NKS I Stories on labour and its relationship with management, I management concepts in practice, profiles of leading 1 managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the I competitive edge. Plus
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      2218 35 ———I l M OOCL (S) PTE LTD JARDINE SHIPPING AQCNCKS *****11 FAX: *****00 Allf## BOOKINGS TEL: *****34 *****58 giHM M L_ TERMINAL/CFS TEL: *****18 220 H ***** H PCSAKA JAROINE SHIPPING AQCMCIES SON. BHD. L. A PORT KELANG TEL: *****18 FAX: *****91 *****88 rw "T" —ZZ 0 r~~" PENANG TEL:
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      1336 35 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times VEMgUVOY WW HVC IIAIT |OWF I SAV I I m imam iu v* vn is s an u/» 1 I n*n aj* W VI VI '4 I I HMI in 12/1 WI Hrt I I
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      1403 35 ■□BBsaanza NEXT SAILINGS TO USA MAJESTIC MAERSK V.9204 ETA SIN 7/4/92 SEALAND EXPRESS V.172E ETA SIN 6/4/92 VMM* Voy ETA ETD ImOk by DESTINATIONS Cape BonavMta/ Aim tim* «Mk MajMtic Mwtt 8204 i l 1i 7/4 0800 HRS Port CFS 6/4 2359 HRS Kalang Panang OAK LQe hOU MEM ATL
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      1018 36 roam/ I VOY NO S PORE JEDOAH SHAMTON H'BURG ANT LE HARVE I KASUQA I 20/113 2/4 11/4 25/4 21/4 20/4 L DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 flnnojo DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 R£U*G I WW*# I LUDWIGSHAFEN EXPRESS 01/314 12/4 29/4 1/5 4/5 5/5
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      603 36 lIAWAC IMYICI COMTAIHm M MiAMMU MRECT SOUTH PACIFIC SERVICE TZL—_ SIN NOU SUV PPT L.J BON TANG 3507 EB 26-2S/4 0/5 11/5 1«/5 A vSL 27/5 7/6 10/6 14/6 Transit Tim« 1(«3) (16) (22) AISO ACCEPTING CARGO WIA SUVA TO: LAUTOKA, PAGO PAGO. APIA. NUKUALOFA. P VXA FASTEST SERVICE TO
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      1372 36 Hotraria UIS REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE S» <w ALG) MM) ROT) unaatia twiiu «9<K 3 07/04 24/04 26 04 29/04 30/04 01/05 02/05 03/05 04/05 mm 3 12/0J 30/S 03/05 04/05 05/05 o«/os 07/05 01/05 09/05 S*££if2?£sS 22/04 u/05 13/05 16/05 17/05 H/05 19/05 20/05 21/R5
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      1478 37 m m STRAITS SHIPPING PTE LTD MEIf 15 Ho* Chiang Road 409-01 San lord Building Singapore 0208 Trt: *****88 Fa*: *****17 *2™ BKOK Jiwm NOR W4C mm,. »aa. la. 01 Ap. 02 A* 04 Apr ESTEBROGGf VOW MM 12 13 STRAITS VOntM VME Mwi, Lak. KK IIH Apr 13 Apr
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      1812 37 m SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I iVI W I, 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 T#) 225 2233 Te|ex RS ***** pnocSP Fax 225 5327/222 7517 CR Number **********0Z I EXPORT 3 v«.«t voy \-ma p«o I alo boo ant gr
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      512 38 ft w "flfflif CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE vsi VOY S PORt ROAM ADAM HBURG BRtM€N ANTWERP SWWIIAYA, J4W6 26/4 29/5 3/6 //6 10/6 KUTAI, 25W8 25/5 24'6 28/6 2/7 111 FAST TRANSIT TIME ACCEPTING BREAK BULK /CONT AINERISED CARGO Sublet to Inducement. Also accepting cargo
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      1108 38 ®HANJIN SHIPPING r«. f w iuii L« OAK FOR WL SM |UK HAUL SAY IS RYC MUMMGANRE 005E 5/4 DSECT 26/* 29/4 HAN* KNANGYANG OI7E 6/4 H. KOBE o*l M/ 5 15/5 17/5 «SirS«FOI7T 12/4 WRECT 3/5 6/5 HAWK KUWAR 07* 13/4 PLEAS* 0251 21/5 22/5 24/5 "J/L 0,. »r
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      1214 38 I 1 —I -T J -1 MI > ■<£ imc u c MR MI OS* HCY JHI TTO LU CMS Mi HTC LW 4IW ROM Hff ISC WO CIS RL I lIMMCIf X, S/« 5/« JV« 27/4 1/5 M/i 22/5 21/5 2/1 1/1 7/1 S/« U/l U/l W »/2 12/2
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      1583 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 SSSZ NEPUNE SDN BHD MALAYSIA K.L.-(03)
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      1000 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MARINE INSURANCE SERVICE: *****57/ *****57 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES msTßomi-DccMnaic naraoac-umnK immwto M hoiwhii IO»Li WW |W |ML*
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      1290 40 v M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) w TEL: *****77 TELEX KAWAXIRS23I6S FAX: *****07/^9 I I |\l H MALAYSIA: "K" UNC MARTHME (MALAYSIA) SON BHD ■.m. MmJ JL M TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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      1073 40 PHILI-OMCNT UN€S PT€ LTD W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 fioO BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PAaFIC F&JLCLSERVICE} SYDNEY. MELBOURNE, BRISBANE, FREMANTLE 08 APR AUCKLAND.
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      2032 41 PACIFIC INTERNATIONAL LINES (PTE) LTD *gf JJ BV 140 Cecil Street #03-00 PIL Building. Singapore 0106. Tel: *****33 [JAKARTA Z3 (BANGKOK VESSEL VOV SIN BKK SM VESSEL VOV SIN JKT SIN R|A KSR3I2 j/ 4 S/4 10/4 KOTA RAKYAT 141 S/4 7/4 12/4 EBTEBRUGGE 04N 3/4 6/4 10/4 BUNQA TERATAI
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      715 41 Eacßen V I Ist1 st class container transport FFFnFRVFSRFI PENANG PKELANG I OCEAN VSL/VOY SIN SOU (I RTM (2) HAM (3) GOT (4) ANSON/TBN 3/4 4/4 ALSIA 2132 7/4 24/4 26/4 27/4 29/4 ANSON/TBN 10/4 11/4 BSNAVON 2142 14/4 1/5 3/5 4/5 6/5 ANSON /TBN 17/4 18/4 JUTLANDIA 2152 21/4
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      328 41 MYANMA iDBk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Sport P.KIf Pen P.Gdg MNYA VI2IN to Nrt MIR GUI *11JW 14/17 Apr In Pwt PAGAN VISIW 10/12 Apr l»A-AN VI7CW 14/1 C Apr MYOMA TWA VI4IW 22/24 Apr \g| THE BANK LINE (A ser*Ke ol Andrew W«r
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      1721 44 I I iit's »tntlt: Indonesia s Agents. id cm* Chiat Skipping Sdn Bhd P.T. SloM hitn Indonesia mamm* 294 iiUn Hovi Mr 14 Off Jilin Ipofi Sent* ***** KL w pnx 163//36 1/64 M 442 5091 442 508/ 21A Lorong Cmpenmg. otlJtUn Berxxpn /*>*,/» 3rd Hoot. Boom 30) SotMhem Bant
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      353 44 SAMUOEM MMMESU (S) PTI LTD 1S McCALLUM STREET ■■■HM #14-04 NATWEST CENTRE Singapore 01M Tatoc R#***** Tat: *****51-3 Fas: 228 4S3S, *****38 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 VESSEL VOY SIN JAK TWADIKA 918 03/04 (FRI) 05/04 (SUN) PELOPOR 1034 04/04 (SAT) 07/04 (TUE) LAWANTI 965 06/04 (MON) 08A)4
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      585 45 ——i yj£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 5/4 ROTTERDAM 5/4 HAIFA/ASHDOD/ALEXANDRIA 5?4 HAMBURG/BREMEN 5/4 MARSEILLE/FRANCE 5?4 FELIXSTOWE/UK BARCELONA/SPAIN 574 LEH A VRE/ANTWERP 5/4 GENOA/ITALY 5/4 GOTHENBURG/SCANDINAVIA 5/4 LOS ANGELES/WC/IPI 5/4 SYDNEY/MELBOURNE 4/4 f NEW YORK/EC 5/4 FREMANTLE 2/4
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      768 45 STnnCHnELSHuRniEAGENaES (S) PTE LTD St TEL: *****33 (12 Lliim) m FAX: *****15/*****03 |30 TELEX: R3 ***** RISHIP (3 Llims) ETHIOPIAN SMPMN6 i-llSs J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOAO4NQ FOB SPORE .RYOT 28WB 15/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NFTSANET 26W8 "13/05 DARESSALAAM MOMBASA
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      793 45 JAKARTA BANGKOK m two tn Iwea Iwr *mm* *mm BENJA BHUM 275 03/04 06 04 SW BHUM* 455H TJ» 02/04 Urn 05 04 BENJA BHUM ZIS 00/04 11/04 MAW BHUM# 102H S«t 04/04 Tut ..07/o«___ FU FENGSHAR 015 11/04 14/04 WW BHUM## 22N S«i 05/04 *t4 BENJA BHUM 295 15/04
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      1149 46 bbbbmbwbbbbbwbbbmbwbbbbbbbbbmbbbbbbbbbbbwbbbbbhwwhbbhwbwwbmwwmwhhwhbbhbwm I S'PORE MPORT: *****11 I I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 1 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 [lf N pK S|N PEN PR SW Colombo 3/4 4/4 5/4 1 1 l X Fl Durban/Pt Louis
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      247 46 i blue star line TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS Sm Nfl MO. ITT SIN MJLKRA 27S 1/4 »/< *J* n J\ lUST ST« 051! 20/4 3/5 VW HPV 5/5 21/5 PKOSPfCT ItS 2/5 l«/ 5 VW l>/5 4/t FULLY CONTAINERISED SAILINGS
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      1108 46 W THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** IENHOL CABLE: TOSOCO I CQMVBtmOMAL/CONTAIMM I COHTAINEH ggWVICM I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor |ETA loCST VESSEL
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      118 49 m if Jlßi'i I Scalpel...scissors...sutures.- Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept weU informed to maximise returns on gcoontiai information accessible every business day your money. through Business Times. In the same way a surgeon
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      458 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 1000 0100 0200 0300 0400 0500 0(00 0700 0100 ********************1400 *****(00 *****880 1900 2000 2100 2200 2310 i 2.5 22 1 7 1.2 09 0 7 0 7 10 15 2.1 2.5 27 26 23 18 12 08 0 7 1.2
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      332 50 AUSTRALIA -tf** USA tata* *0, u, *w T«t totafei CMm CAWOA ~oS». tSSEi **«**> NMMM 1 AFBCA ~B*fc* rtm fclNtf, htmk ML KOREA Baas towm TAIWAN |S '""in j i|j I> iii« ®OnO ii uira utmAtv mMQNT tmvscts wi itd K kycline KYC CARGO SERVICES (S) PTE LTD BOOKINGS: HINDRAN/CALLIE/MEI
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      387 50 Enterprise Management in Business Times every Monday i. cosco IHCC CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOADING FOR: A VESSEL 28/04 Rott*r<tom/Antw«rp CHWtA CONVENTIONAL SERVICE VESSEL PKL PNQ P.O. LOAOtNQ FOR: TRANS ASEAN 15/04 20/04 Huangpu/Ouaneztwu COSCO FULL CONTAINER HimCH (FCL/FCL) EXPORT TO: CHINA/BANGKOK /HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US
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      271 50 /Mxssx£ 800 Australia Now Zealand Weakly LCL Consolidation lbs? CARGOFLO k _J Singapore-Australia Fremantle Adelaide Melbourne V S5 Sydney Brisbane Singapore-New Zealand s W Auckland Wellington Lyttleton 1 m 1 New Plymouth Napier Christchurch J- ragC iißi SI Tel: *****88 m I U4/ mm Fax; *****83 5 WORLDGATE EXPRESS LINES
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      165 50 I IMMCO EMIRATES I Mil Jfl 11W S MHt 1 A rl 3i?BI I*l HQlZQjj4UiiaiiAii3iQLU£mMK Loading SIN DESTINATION >" NAM VOYJW a APR-10 APR DUBAI TBN 20 APR-23 APR DUBAI YUM VOY 1W 10 MAY-15 MAY DUBAI Other Persian Gui« Ports Sut»ect to Inducement S'ptre: Seacross Shipping 6 Chartering Pte
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      1203 51 HYUNDAI I MEROIAWT MARggTO.LTD. EABTBOUND FEEDER TO PACIFIC 80UTH-WEBT TO PACIFIC NORTH-WEST fgpa wt rm wd aw uwe hou. wiho jh w m mwn wt k*o tch/su rn MM MM Ml M4l 11/13 11/13 21/83 H. MNOVATO* «K 27/03 13/K 11/ M 19/04 *****1 fiATI MMI 01/ M 17/04 10/04
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      465 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LOTS INBOUND VESSELS "Ml NT IP n IN u •AUAMM 2 Sll ■FT l/« fAKAST PUT J fT MM MM |/< U/« I M/ 4 14/4 TtMS ATO II l«/ 4 11/4 CMMC TIIMI 24 12/4 14/4 CtASPM TUMI 24 U/4 11/4
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      Page 51 Advertisements Column 3
      955 51 OUR UBA SERVICE CALLS 1 1„ —imlm in L IS I- i- SINGAPORE mmrn ITM ca_ DIRECT EVERY MB SNM »U» M/M ILLUM OSCOIOT ItUM WWW M/M a/M a/M M/M N/M M/M M M K/M WEDNESDAY A mm mm im ii/m umibm turn ivii/m u/« m/« m/« m« ti/n i;/«
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      112 52 INVESTMENT Every Saturday in Business Times I I Zs './v-'V.. .<••• I s v 3 X <'■ s- ,> v> '> S L I fe*- m i IH M M fpfc M s "> I I SOME OF OUR TOP TALENTS ARE OVERSEAS. RUING THEM HOME. A paper subscribed by
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      149 52 Every Saturday in Business Times r ARGENTINE REPUBLIC Ministry of Economy and Public Works and Utilities Secretariat for Transportation j OBJECTIVE Call for National and International Public Bid on base price is made for the sale of eighty five per cent (85%) the parcels of shares of. Empresa Lineas Maritimas
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