The Business Times, 3 April 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times MITA (P) 35/12/91 Friday, April 3, 1992 THE HUSIHKSS fAfhK run a-/: ivi 75*
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  • NEWS SUMMARY
    • 46 1 HANOI Vietnam lowered income taxes for foreign residents under a new tax scale published yesterday. The revision took effect on Wednesday, one year after Hanoi introduced income taxes for both Vietnamese and foreigners and appears aimed to encourage foreign investment.
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    • 43 1 WASHINGTON The number of US workers claiming unemployment benefits for the first time rose 9,000 in the third week in March, the US Labour Department said yesterday. Analysts had generally expected the figure to show a 7,000 reduction.
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    • 31 1 FOREIGN law firms may finally be able to register their offices in China instead of disguising them as consultancy firms, an official news report said yesterday Page 2
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    • 29 1 SINGAPORE Telecom's whol-ly-owned subsidiary, Singapore Telecom International (STI), has made a multi-million-dollar bid for a licence to provide a mobile phone service in India Page 3
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    • 30 1 TOSHIBA Electronics Asia (Singapore) Pte Ltd yesterday opened a large scale integrated (LSI) circuit design centre in Singapore, its fourth in Asia outside of Japan Page 4
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    • 39 1 A SPRAWLING export zone near Darwin, conceived to foster trade ties with Asia, exemplifies the resolve of its creators to foster a future closer to their Asian neighbours than to compatriots in the south Page 10
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    • 24 1 MALAYSIA'S Kelantan state plans to implement Islamic laws that prescribe stoning, whipping and amputation of hands and feet Page 10
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    • 23 1 US CONSTRUCTION spending sagged 0.4 per cent in February, but the manufacturing sector continued to expand in March Page 11
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    • 35 1 FRANCE'S Marseilles port expects to see a 5 per cent increase in Asian traffic this year over the nearly 150,000 20-footer equivalent units (TEUs) it handled last year. Shipping Times, Pg I
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  • MARKETS SUMMARY
    • 29 1 WALL STREET stocks were higher yesterday, with the Dow Jones index of leading industrial stocks up 6.71 points at 3,256.04 in the first five minutes of trading.
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    • 22 1 LONDON SHARES were weaker at midday yesterday. At 1100 GMT, the FTSE 100Share Index was down 12.6 points at 2,396.0.
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    • 30 1 SWENS ASIA PACIFIC Ltd yesterday launched a public share offer on Sesdaq that it hopes will be as sweet and tempting as Swensen's ice cream Page 6
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    • 34 1 MERCHANT bank Peregrine Investment is launching HK$l billion (Ss2l4 million) worth of call and put warrants on the Hang Seng Index today, making it the second such issue in Hongkong Page 6
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    • 25 1 TANJONG pic has reported net earnings of M 532.24 million (5520.7 million) for the 13 months ended Jan 31, 1992 Page 6
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    • 37 1 BUOYED by the strong Malaysian economy, MBf Holdings Bhd posted a 36.2 per cent jump in group net earnings to M 528.5 million (5518.2 million) for the year ended Dec 31, 1991 Page 6
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    • 38 1 HSBC Holdings will scrap a long-standing rule limiting shareholders to a maximum one per cent stake if it goes ahead with a bid for Britain's Midland Bank, say banking and market sources. Page 9
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    • 28 1 Thursday Change BT-MGA 680.13 +107 Kuala Lumpur ....588.12 -0.25 Tokyo 18.286.03 -295.76 Hongkong 4,924.27 Sydney 1,561.2 -12.8 Wednesday Change Nov York 3,249.33 +13.86 London 2.408.6 -31.5
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    • 29 1 London Gold AM fix US$343.75 US$2.25 Exchange rates us$ ss 1.6600 100 Yen S$ 1.2324 M$ S$ 0.6413 Money market rates Overnight 3-5/8 5/8 3-montn 3 1/4% unch
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    • 30 1 Rubber S'pore May 143.00*/kg +0.50 M'sia Apr 219.50«/kg +0.50 KL Tin Turnover 62 tonnes -1 Spot M$l4.57/kg +0.07 Crude palm oil Turnover 1,024 lots +424 June MS906 /tonne -1
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  • 488 1 Thai, South Korean firms are the latest to raise funds in the Republic SINGAPORE Singapore has become an important centre for arranging syndicated loans in Asia, with more Thai and South Korean companies joining Indonesian and Malaysian firms to raise funds here, bankers
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  • 496 1 Shift from Osaka blamed on rising costs, tight Japanese regulations TOKYO Rising costs and tighter Japanese regulations are slowly pushing players in the Nikkei stock index futures market to shift trade to the smaller but more relaxed Singapore International Monetary Exchange, traders said. Nikkei
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  • 234 1 SINGAPORE Japanese share prices tumbled for the third straight day and the Nikkei Average lost 295.76 points to touch a new five-year low of 18,286.03. But Tokyo's weakness was disregarded in Singapore where the Straits Tiroes Industrials Index posted a small 4.68-point gain
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  • 455 1  -  By William Chia SINGAPORE In the first case of its kind, main boardlisted Gold Coin Ltd suspended after it became a $115.6 million cash shell with the sale of its feedmill business to Commissura Ag will be relisted on Sesdaq. Gold
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  • 570 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIAN casino operator Genting Bhd and its subsidiary Resorts World Bhd chalked up impressive earnings for the last financial year, but share prices of both companies took a beating as speculation raged that
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  • Page 1 Advertisements
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    • 12 1 Local ferry operators brace for hard times, Shipping I imes Pg 2
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  • PAGE 2 NEWS
    • 445 2  -  By Colin Tan SINGAPORE Singapore's total external trade for February was 8.8 per cent down on the same month last year. In nominal terms, trade totalled $15.1 billion, down from $16.5 billion in February 1991. Exports slipped 3.4 per cent to $6.96 billion, while
      445 words
    • 329 2 Regulations giving lawyers legal status expected soon, says newspaper AFP, AP BEIJING Foreign law firms may finally be able to register their offices in China instead of disguising them as consultancy firms, an official news report said yesterday. The newspaper China Daily said the
      AFP,; AP  -  329 words
    • 228 2 Reuter HONGKONG China's fledgling Shenzhen Stock Ex- change may cut the number of foreign clearing banks used to handle settlement for "B" shares reserved for foreigners to streamline its complex settlement process, bankers said yesterday. In February, Citicorp's Citibank, HSBC Holdings, and
      Reuter  -  228 words
    • 293 2  -  Move will give access to single European market By S N Vasuki SINGAPORE Singapore companies keen to gain a foothold in the single European market should invest in the eastern part of Germany, says business leader and former West German provincial premier
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    • 272 2 AFP, AP TOKYO Japanese firms have forecast average annual capital spending to rise 4.6 per cent in the next three years, less than half the growth rate of the past three years, the Economic Planning Agency (EPA) said yesterday. Manufacturers forecast an
      AFP,; AP  -  272 words
    • 368 3  -  Move part of group's aggressive expansion programme B* Joseph Rajendran, Dexter Lee SINGAPORE Fresh from its success in Sri Lanka, Singapore Telecom has now turned its attention to India as part of its aggressive overseas expansion programme. Earlier this week, Telecom's wholly-owned
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    • 516 3 AFP SEOUL South Korea has announced new steps to boost the competitiveness of its exports as it begins to reap the benefits of previous measures aimed at turning around last year's US$lO billion (5516.6 billion) trade deficit. The trade and industry
      AFP  -  516 words
    • 263 3 Reuter SEOUL South Korea's Finance Ministry is to allow foreign banks to float more certificates of deposit (CDs) from May 1, in the first stage of a liberalisation of local capital markets. Foreign banks will be able to issue CDs, their primary
      Reuter  -  263 words
    • 284 3 JAKARTA Indonesia's gross domestic product (GDP) is estimated to have grown by 6.57 per cent last j year in spite of the tight li- I quidity situation, the Jakarta j Post reported yesterday. The daily quoted the Min- ister of Information Harmoko
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    • 370 3  -  About 80pc of production exported to S'pore By Lilian Ang SINGAPORE Pan-United Shipping, which jointly owns with an Indonesian party one of the earliest locally-run granite quarries in Karimun island, has raised production at its quarry by 800,000 tonnes per year.
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    • 316 3 Reuter TAIPEI Taiwan was the world's seventh biggest exporter of capital between 1986 and 1990, investing a net US$l2.4 billion (5520.5 billion) in factories and businesses abroad, the Economics Ministry said yesterday. The ministry, quoting data from the International Monetary Fund (IMF),
      Reuter  -  316 words
  • Page 2 Advertisements
    • 142 2 IF YOU THINK PBOEEBTY FINANCING RATES HAVE HIT ROCK BOTTOM, Binll/inl ifT Right now, with interest rates at the lower end, weVe found you M H H KM a way to keep them as such. If you are in the market for a Jul JL JL AJLJOAvIL Residential, Commercial and
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    • 342 2 \y VENTURE I VENTURE MANUFACTURING (SINGAPORE) LTD I (Incorporated in the Republic of Singapore) INVITATION IN RESPECT OF 12,000,000 ORDINARY SHARES I OF 550.25 EACH COMPRISING 8,000,000 NEW SHARES AND 4,000,000 VENDOR SHARES AT 550.40 FOR EACH SHARE PAYABLE IN FULL ON APPLICATION The Board of Directors of Venture Manufacturing
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  • Page 3 Advertisements
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • 93 4 APPRENTICESHIP training provided an alternative approach to vocational training. Dr Tay Eng Soon said yesterday that it offered greater scope in matching the specific needs of employers with the interests and aptitude of school-leavers. Dr Tay, the minister-in-charge and chairman of the Institute of Technical
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      • 84 4 VOLUNTARY welfare organisations faced two key challenges this decade, the Senior Minister of State for Community Development, Ch'ng Jit Koon, said yesterday. Their role was to complement and strengthen family and community links, "not to overshadow or replace them", he said. To cope with increasingly complicated
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      • 100 4 THE Public Utilities Board, with the National Parks Board as a consultant, will soon be trapping monkeys (long tail macaques) at the Macßitchie Reservoir Park, which lies within the Central Catchment Area. The Singapore Zoological Gardens will help trap and will tag the monkeys to monitor their
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      • 59 4 A DELEGATION from the Indian Merchants Chamber (IMC) Bombay arrived in Singapore yesterday on a South-east Asian tour. The delegates will be here until Sunday. During the trip, the IMC will sign a memorandum of understanding with the Singapore Chinese Chamber of Commerce and Industry on mutual
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      • 33 4 THE Sheraton Towers today will showcase the Lyric Theatre, Singapore's first professional opera company, in staging the Grand Opera Gala. It will be the company's first presentation this year.
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    • 238 4  -  By Helen Chang TOSHIBA Electronics Asia (Singapore) Pte Ltd, a subsidiary of Toshiba Corporation, yesterday opened a large scale integrated (LSI) circuit design centre in Singapore, its fourth in Asia outside of Japan. The centre will support local design and development of semi-customised
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    • 312 4  -  Consortium led by Hyundai, Ssangyong gets job By Claire Leow A CONSORTIUM led by Hyundai and Ssangyong of South Korea has clinched the largest deal for the Suntec City project the main building contract worth 1.03 billion. This figure comprises just over two-thirds of
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    • 449 4  -  By Colin Tan AMERICAN International Assurance has begun construction of a 12-storey office block as part of its plan to house all its staff on its own premises by 1994. At a ground-breaking ceremony earlier this week, AIA general manager Andrew Tan said
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    • 194 4 RECIPIENTS and spouses of recipients of a heart valve could be entitled to cash payments and other benefits after a settlement in a US District Court. The 60-degree Bjork-Shi-ley Convexo-Concave heart valve, sold between 1979 and 1986, was withdrawn from the market after it
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  • Page 5 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 56 6 SINGAPORE Dunlop Estates Bhd yesterday confirmed BTs story that it had sold 10.5 million shares in Magnum Corporation Bhd for M 556.77 million in March. The shares were bought in the open market for M 553.58 million last year. Thus, it made an
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      • 70 6 SINGAPORE Zalik Bhd has reported a group pre-tax profit of M$ 13.71 million and net earnings of M 53.6 million for the period ended Dec 31, 1991. As the firm started operations only in July 1991, no comparative figures were available. Turnover reached M 520.9
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      • 82 6 SINGAPORE Higher palm products prices boosted Asiatic Development Bhd's group net earnings by 31.5 per cent to M 522.1 million in 1991 from M 516.8 million a year earlier. Turnover grew 13.1 per cent to M 5117.5 million from M$ 103.9 million, and pre-tax profit
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      • 87 6 SINGAPORE Far East Holding? Bhd's net earnings last year surged 81 per cent to M 56.7 million from M 53.7 million in 1990 The surge was attributed to higher palm oil prices. Turnover grew 10.5 per cent to M 518.9 million from M 517.1
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      • 81 6 SINGAPORE Bata (Malaysia) Bhd said group net earnings in 1991 jumped 31 per cent to MS 17.9 million from MS 13.7 million in 1990, helped by improved retail and wholesale operations. Pre-tax profit grew 30 per cent to M 526.2 million from M 520.2 million
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    • 264 6  -  By Chew Eng Han SINGAPORE Tanjong pic a UK-incorporated company relisted on the Malaysian and UK bourses in December after it acquired Pan Malaysian Pools Sdn Bhd in October has reported net earnings of M 532.24 million (5520.7 million) for the 13 months ended
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    • 532 6  -  12m shares being offered at 55 cents each By Genevieve Cua SINGAPORE Swens Asia Pacific Ltd yesterday launched a public share ofTer on Sesdaq that it hopes will be as sweet and tempting as Swensen's ice cream. The holder of the franchise for
      532 words
    • 230 6 Bernama KUALA LUMPUR Building materials group Posim Bhd made its debut on the Kuala Lumpur Stock Exchange second board yesterday, recording its first business at MX3.10 for a premium of MS 1.00. "We feel that the price was reasonable," its chairman, Tan
      Bernama  -  230 words
    • 260 6  -  From Catherine Ong in HONGKONG MERCHANT bank Peregrine Investment is launching HK$l billion (SS2I4 million) worth of call and put warrants on the Hang Seng Index today, making it the second such issue in Hongkong. The two issues will each comprise 100
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    • 260 6 SINGAPORE Buoyed by the strong Malaysian economy, MBf Holdings Bhd posted a 36.2 per cent jump in group net earnings to M 528.5 million (5518.2 million) for the year ended Dec 31, 1991. The group's pre-tax profit rose 50.3 per cent to
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    • 195 6 SINGAPORE Hong Leong Credit Bhd, the financial services flagship of Malaysia's Hong Leong group, said group earnings for the six months ended Dec 31, 1991 jumped 37.2 per cent jump to M 517.7 million (S$U J million) from M 512.9 a year earlier.
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    • 334 6 SINGAPORE Small investors who applied for less than ten 1,000-share lots of Venture Manufacturing's shares will have a three-in-four chance of getting at least one lot each. The balloting yesterday gave small investors 38.4 per cent of the total issue. Of those
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    • 336 6 SINGAPORE A turnaround in Hongkong operations and steady profits from Malaysia were among the few bright spots in the results of Yeo Hiap Seng's results for the year ended last December. In reply to queries from the stock
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    • 518 7  -  Evidence of shareholder vote-rigging found From Catherine Ong in HONGKONG THE Hongkong securities watchdog has scuppered a controversial buy-out of Chinese Estates Holdings Ltd by the Lau brothers following evidence of vote rigging to secure the deal. The Securities and Futures Commission (SFC)
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    • 348 7 HONGKONG New World Development has staged a strong recovery from the previous year's slump by registering a 166.4 per cent rise in profit to HK5939.26 million (*****.47 million) for the six months ended Dec 31. In the year-ago period,
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    • 228 7 Reuter BANGKOK Thai Airways International Ltd's 40-million-share public offering was twice oversubscribed, when the 10-day offer period closed last Friday. Thai Investment and Securities Co Ltd (Tisco), a finance firm assigned to gather public subscriptions, said Thai individuals and institutions applied for
      Reuter  -  228 words
    • 382 7  -  From Al O Labita Jr in MANILA MANILA Shares of new-ly-listed International Container Terminal Services Inc (Ictsi) have been trading briskly in both the Manila and Makati stock exchanges, buoyed by investors' interest in the company's plans to operate Vietnam's cargo-han-dling ports.
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    • COMPANY BRIEFS
      • 94 8 HONGKONG Property tycoon Li Ka-shing will retire from the boards of HSBC Holdings pic and Hongkong and Shanghai Banking Corp at their annual general meetings on May 26 and May 12, respectively. HSBC, Hongkong Banks parent, said Mr Li, who is chairman
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      • 120 8 CHICAGO Sears, Roebuck Co, in a bid to cut costs and boost sales, said it was eliminating another 2,000 positions within a year while opening more than 100 new stores. It also said stockholders will vote next month on whether Sears should study
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      • 98 8 NEW YORK Mr Vittorio Cassoni, managing director of Olivetti, the Italian computer and office automation group, has been named to a senior post at Xerox, the US document processing company. Mr Cassoni, 49, who in 1900 was brought back to Italy to run Olivetti after
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      • 76 8 LONDON Food and drinks giant Grand Metropolitan pic (Grand Met) is seeing an upturn in the US economy which is feeding through to benefit its Burger King fast food chain. Grand Met says the encouraging US economic signs are helping Burger King, but no significant
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      • 63 8 BEAVERTON, Oregon Intel Corp and Digital Equipment Corp, two of the biggest high-technology powerhouses, said on Wednesday they would collaborate on new software vital to the future of the world's fastest computers. In a statement, the companies said the effort would cover a range
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    • 586 8 AP, Reuter NEW YORK General Motors Corp remained the nation's biggest company despite losing U554.45 billion (557.4 billion) in 1991, when the recession sent corporate profits plunging, Fortune magazine said on Tuesday in an annual ranking. The economic slump transcended business lines as
      AP,; Reuter  -  586 words
    • 406 8 Olympia York eyes other means to fund Canary Wharf Reuter LONDON Canadian property group Olympia and York hopes to ease its financial problems with the help of further tax-driven deals on buildings in its East London Canary Wharf development, a source close to the Reichmann family's empire said on Wednesday.
      Reuter  -  406 words
    • 249 8 Reuter LONDON Canadian business magnate Conrad Black's Hollinger Inc said on Wednesday it was contemplating a public offering of its shares in the Daily Telegraph, Britain's biggest circulation broadsheet newspaper. Daily Telegraph managing director Joe Cooke said: "We have in the past said
      Reuter  -  249 words
    • 436 8 Reuter LONDON Lonrho pic, relegated from Britain's leading share index on Wednesday, has had £1 billion (552.87 billion) wiped off its market value in just four months, prompting speculation that powerful South African mining groups may be tempted to
      Reuter  -  436 words
    • 359 8 Reuter NEW YORK Net acquisitions of foreign equities by US investors rose to a record in the final quarter of last year and for all of 1991, with purchases of Japanese stock accounting for the bulk of the investments. The data, released
      Reuter  -  359 words
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  • Page 7 Advertisements
    • 85 7 MILLFIELD SCHOOL I STREET, SOMERSET, ENGLAND Millfield is an independent, co-educational school with an international reputation as a f' centre of academic, arts and sporting excellence. The Headmaster, Christopher Martin, will be visiting Singapore from 9th April ro 11th April '92 to attend the Singapore Millfield Association dinner on 10th
      85 words
    • 85 7 When comes software comes No HP LaserJet y A\ H printers have become an 1 I a J essential part of doing business, all over I"HM PACKARD AI TDCOMPPTFLTD TEL *****20* ECSCOMPITERS( ASIA) PTE LTD TEL: 5.*****2 *GES SINGAPORE PTE LTD. TEL: *****48 MICROCRA FT COMPUTER A ENGRG PTE LTD
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  • Page 8 Advertisements
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      559 words

  • FINANCIAL NEWS
    • 702 9 Reuter HONGKONG Fear of communism won't drive many international bankers out of Hongkong when the British colony returns to China in 1997. But the territory's role as an international financial hub is heading for some big changes, bankers and financial consultants
      Reuter  -  702 words
    • 557 9 Reuter HONGKONG HSBC Holdings will scrap a long-standing rule limiting shareholders to a maximum one per cent stake if it goes ahead with a bid for Britain's Midland Bank, banking and market sources said. HSBC would also be likely to
      Reuter  -  557 words
    • 387 9  -  By Dawn Tan SINGAPORE Malaysian Airline System (MAS) has successfully raised US$lOO million (S$ 166 million) in offshore capital for its new aircraft purchases. Hongkong-based Bank of America (Asia), which is arranging the deal, told BT that six banks are participating in the
      387 words
    • 419 9 Reuter FRANKFURT Deutsche Bank, Germany's largest commercial bank, said group operating profit for 1991 rose 16 per cent to a record 5.97 billion deutschemarks (Ss6 billion), while net profit jumped almost 32 per cent to 1.41 billion marks. Group net interest
      Reuter  -  419 words
  • Page 9 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 102 10 TOKYO New legislation has emerged within Japan's ruling party to break an impasse over an earlier bill and allow Japanese troops to join UN peacekeeping operations in Cambodia, a press report said yesterday. TTie new bill that is under consideration would be of
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      • 88 10 JAKARTA The Dutch embassy here yesterday briefed its citizens here to prepare them for the possibility of having to leave Indonesia should Jakarta terminate Dutchfunded development projects. "It is a briefing for Dutch development project workers on what has happened. Some people would have to
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      • 92 10 BANGKOK Thailand has deferred its decision to evacuate nearly 30,000 Thai workers currently employed in Libya despite the threat of UN sanctions on Tripoli, a Thai official said here yesterday. Thai Foreign Ministry spokesman Sakthip Krairiksh said Bangkok would not order the immediate evacuation of
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      • 73 10 MANILA Swiss authorities have frozen a bank account of opposition presidential candidate Eduardo Cojuangco containing between US$5 million (SsB.3 million) and US$7 million at Manila's request, the head of a government watchdog body said here yesterday. David Castro, head of the Presidential Commission on Good Government
        73 words
      • 52 10 SYDNEY Australia's national broadcaster is considering beaming television programmes across the Asia-Pacific region by satellite, officials said yesterday. Programmes on the stateowned Australian Broadcasting Corp (ABC) including news, current affairs, sport, entertainment and drama could be transmitted across the region by year-end, ABC managing director David
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    • 733 10 Northern Territory's trade zone looks to Asia for growth Reuter TRADE DEVELOPMENT ZONE, Australia This sprawling export zone near Darwin, conceived to foster trade ties with Asia, is nothing if not a leap of faith in Australia's future role in the region. It
      Reuter  -  733 words
    • 350 10 AFP SYDNEY China has agreed to help research and develop an Australian technique for sealing radioactive waste in man-made rock, government scientists said here yesterday. "Initially we will assist them to develop Synroc," said Adam Jostesons, director of the advanced materials programme
      AFP  -  350 words
    • 338 10 Reuter KOTA BARU Malaysia's Kelantan state plans to implement Islamic laws that prescribe stoning, whipping and amputation of hands and feet, its chief minister said yesterday. "We are determined to implement the Hudud laws," Nik Abdul Aziz Nik Mat, Chief Minister of Kelantan and
      Reuter  -  338 words
    • 441 10 South China Morning Post HONGKONG A Chinese delegation in Washington for top-level talks with US officials has brought a set of proposals aimed at lowering mainland trade barriers to foreign goods. According to delegation leader Tong Zhiguang, he had gone
      South China Morning Post  -  441 words
    • 292 10 AFP PARIS Cambodia has no illusions about economic aid from foreign governments or the United Nations, and is banking on private investment to rebuild its war-torn economy, Prime Minister Hun Sen said here on Wednesday. "The situation is favourable for private foreign investment
      AFP  -  292 words
  • Page 10 Advertisements
    • 145 10 JRuthfo School BOYS and GIRLS Junior School 8-11 years Senior School 11-18 years The Senior Master Mr B.M. Cokell will be available at The River View Hotel, Havelock Road, Singapore from Saturday 4th to Monday 6th April 1992 For private interviews with parents and children interested in a U.K. education
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    • 136 10 BUSINESS TIME S___ Toil IfO T1 No 737 0Q43 Fax No: 734 3606 /p DAO HENG BANK LIMITED U5545,000,000 NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT Due May 1991/1993 (the Certificates) In accordance with the provisions of Condition 3(ii) of the Certificates, notice is hereby given that Kuwait Investment Office has
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      183 words

  • THE WORLD
    • 536 11 Subsidy compromise seen paving way for breakthrough NYT PARIS After several years of tortuous talks, the leading trade negotiators of the European Community and the United States are saying, for the first time, that a global agreement on liberalising trade may be possible
      NYT  -  536 words
    • 338 11 Reuter LONDON Britain's general election looked set for a photo-finish next week with latest opinion polls showing no decisive lead for the ruling Conservatives or their Labour foes. Prime Minister John Major took heart yesterday from new polls which put his party half a point
      Reuter  -  338 words
    • 291 11 Reuter OTTAWA A senior Canadian official said only modest progress was made in negotiating a North American Free Trade Agreement in Washington last week, but that arriving at a pact this year was possible. "A considerable amount of work is needed," the
      Reuter  -  291 words
    • 282 11 Reuter WASHINGTON United States construction spending sagged 0.4 per cent in February, the Commerce Department said on Wednesday. As the hard-hit commercial real-estate sector pulled the entire industry down, the manufacturing sector, however, continued to expand in March, according to a report by
      Reuter  -  282 words
    • 400 11 Reuter HANOVER Germany's powerful central bank and industry leaders have issued urgent appeals for a national consensus to prevent the country from slipping into recession and derailing reforms in east Germany. Industry, government and unions should pool efforts to promote east German
      Reuter  -  400 words
    • WORLD WATCH
      • 111 11 TOKYO Japanese firms have forecast average annual capital spending to rise 4.6 per cent in the next three years, less than half the growth rate of the past three years, the Economic Planning Agency (EPA) said yesterday. Manufacturers forecast an annual 4.1
        111 words
      • 56 11 LONDON Significant economic growth is underway in Britain's manufacturing industry, with output and new orders expected to grow rapidly, the latest monthly survey of UK Purchasing Managers released yesterday said. The Purchasing Managers' Index rose to 54.1 per cent in March, the highest level achieved since
        56 words
      • 86 11 SEOUL South Korea's current account deficit eased to U*****.4 million (S$ 1.632 billion) in February from US$l.36 billion in January and US$l.4 billion a year earlier, provisional figures released by the central bank, the Bank of Korea, showed. The shortfall totalled U552.35 billion for the
        86 words
      • 92 11 SEOUL South and North Korean negotiators yesterday reached an in-principle agreement to conduct bilateral trade on a duty-free, open-account basis, an official here said. Meeting in the truce village of Panmunjom, members of a joint exchange-cooperation subcommittee agreed that trade should be duty-free as
        92 words
  • Page 11 Advertisements
    • 92 11 This advertisement appears as a matter of record only. I centrepoint I PROPERTIES LTD I (Incorporated in the Republic of Singapore) H $325,000,000 I 2.5 PER CENT. BONDS DUE 1997 I WITH WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES I OF $0.50 EACH IN THE CAPITAL OF CENTREPOINT PROPERTIES LTD
      92 words

  • 492 12 EDITORIAL IN THE not-too-distant future, the average Singaporean will "visit" her friendly neighbourhood dressmaker without leaving her living room. The medium for this wizardry: a giant wall screen that not only displays the clothing material but also electronically fits it on to a full-figure representation of the
    492 words
  • WHAT THE OTHERS SAY
    • 214 12 IF South Korea's economic problems were behind the poor showing by President Roh Tae-woo's Democratic Liberal Party (DLP) in last week's parliamentary elections, the country's political situation hardly offers a ready antidote. President Roh responded to the results by pledging steps to reform the economy. While
      214 words
    • 142 12 RECENTLY, leading Malaysian newspapers alleged that Singapore made arbitrary decisions on a number of subjects without taking into account the interests and sensitivities of Malaysia. One of the newspapers even concluded that Singapore does not wish to respect its neighbour. The tone of the editorials of the four
      142 words
    • 112 12 CHINESE Communist Party Secretary-General Jiang Zemin will make an official visit to Japan next Monday. And Japanese Emperor Akihito will be visiting China this October. Apparently, the visits are intended to be symbolic gestures signifying the moving of Sino-Japanese relations into a new phase. China is very much
      112 words
  • REGIONAL VIEWPOINTS
    • 195 12 NOT MUCH is publicly known about a Ministry of Public Health announcement last month that the ministry has approved a World Health Organisation (WHO) request to test an Aids vaccine in Thailand. The announcement was made by Public Health Permanent Secretary Dr Uthai Sudsuk, who said a
      195 words
    • 171 12 THE NEW QUOTA SCHEME on bank lendings for the purchase of houses costing M$ 100,000 and below varies from the previous one in that it also covers "second hand" houses while the old guideline was for new ones only. The previous quota arrangement was scrapped because Bank
      171 words
    • 133 12 WHAT THE NATION urgently needs is a multidisciplinary effort to dig out the roots of the dadah problem. Parents must realise that dadah addiction is the gateway to unhealthy activities that could lead to a life of crime. If unchecked, it could fuel an increase in drug-related
      133 words
  • 1625 12  -  Among recent Western acquisitions by Asian companies were a number of disasters. Matthew Montagu-Pollock discusses the lessons 0f... Matthew Montagu-Pollock The honeymoon period of Asian acquisitions in the West is over well and truly. In the past four years, Asian companies have hit the headlines
    1,625 words
  • Page 12 Miscellaneous
    • 63 12 DOONESBURY by garry trudeau AND THIS SECTION IS OUR ASTONISHING! QUITE AN OPERA- I MOST HEAVILY STAFFED. WE HON! IMAGINE IF YOU PUT THIS w H 9JRE M HAVE SIX. SQUADS WORKING KIND OF ENERGYANP MANPOWER WH| ACCESSING AND DUPUCAJINS MO P&UOPIN6 A POSITIVE PRO- UHA,. H T\ EVERY PUBUC
      63 words

  • ANALYSIS
    • 919 13  -  Contending that each existing is unequal to the task, Yoichi Funabashi discusses a complementary strategy Yoichi Funabashi The writer is a senior writer of Asahi Shimbun WHAT ON EARTH has happened to the new world order for which US President
      919 words
    • 889 13  -  Harish Mehta, who was in Ho Chi Minh City recently, reports on the big bucks to be made in the growing Vietnamese cigarette industry Harish Mehta, THE Vietnamese love for cigarettes is reflected not just by how much they smoke, but by what they smoke.
      889 words
    • 877 13  -  As the election campaign hots up, William E Schmidt finds British newspapers baring their political stripes William E Schmidt NYT HEN THE Labour Party recently announced its economW ic game plan for Britain, should it win the general election on April 9,
      NYT  -  877 words
  • Page 13 Advertisements
    • 85 13 NATIONAL UNIVERSITY OF SINGAPORE CBRD rrSRJI CAS Centre for Business Research fc2S2-IKSI Centre for Advanced Studies and Development gft A Business Forum on Regional Cooperation Growth Triangles in ASEAN Date 25 April 92, Saturday Time 9.00 am-1.30 pm Venue Panelists Fee SS 130/" PW PCSOn TV Hariri Hadv (includes tea
      85 words

  • Page 14 Advertisements
    • 809 14 MmHiintf RAak A Bud. Ifeffinfll where to wine, dine or i^—- 'Pare* royal steamboat feast arrives from Beijing r sa s S3 For the first f Steamboat set time, savour the lunch or dinner choicest cuts of at j the leanest person (min 2 11 dips. Other Toll free Mongolian
      809 words
    • 277 14 tyfflsk fa® Carumba! AH the best dishes of Spain are right here at I Top of the M. Each guaranteed to make your day an oil day! A la carte J Spanish Buffet Lunch Continental dinner |Qp April 1-30 nightly from OfuJc I Noon 2.30 pm 630pm to 1030pm fTj
      277 words
  • Page 14 Miscellaneous
    • 566 14 TELEVISION AND RADIO f Adventures of Don Coyote and Rulers' Seal. diicimpCC ftfj RADIO a i r\ I SBC 12 Sancho Panda (Cartoon). 8.35 Layer Mntiara. BUSINESS UH HAUtU Beautv or Beast: as~ *r c ucus^.\^^ -LrVM'VI. V J V-rX goo National Geographic Explorer 8.00 News at Eight (C) 11.30
      566 words

  • LIFESTYLE
    • 793 15  -  Cheryl Liew pops over to the Shell Discovery Art Exhibition to check out the works of six budding talents Cheryl Liew UNDER the Shell Discovery Scheme which sets out to unearth and showcase the works of aspiring and unknown artists the works of five
      793 words
    • 611 15 A panel of American experts has cast doubt on the effectiveness of weight-loss programmes NYT WHEN it comes to losing weight, nearly all of the people who try commercial programmes are being fooled nearly all of the time, a national panel of experts concluded in
      NYT  -  611 words
    • 669 15 CHATTERBOX 7 THE GRAMMY music f< awards ceremony is moving tl back to Los Angeles after be- ti ing held in New York for the q last two years, the National Academy of Recording Arts u and Sciences announced on 0 Wednesday. 0
      669 words
  • Page 15 Advertisements
    • 228 15 AND ENTERTAIN n I c< Ridley's H v I a I Be a member of Ridley's and enjoy these I J exclusive privileges: I e *25% off all bottles I 10% off all drinks after happy hours I 1 a 10% discount at the Hubertus Grill and Cafe-in-the-Park L and
      228 words
    • 46 15 Off ihore fender hu faunce •vasUble ft* dametfk ad commercial projects of good Minimum 2 million US doQuv Write to PO Box 22-3718 to Pobikaias CH-1002 Lamme. Juat a call doaa it all if tha call'a to The STMUS THKS APPOIMTHEMTS to idvtrtiM for qualified holp.
      46 words
    • 158 15 Representatives of Spanish Company GIRONINA DTNMOBILESI FINANCES, SJL. will be in Singapore on 3 and 4 April Investment opportunities include: Shares in Polisport Centre US$B million sports complex to be located in Figueras, Girona. Residential (guaranteed rental returns), agriculture, recreational properties along the Costa Brava, Spain. Factory in Figueras manufacturing
      158 words

  • FOCUS
    • 1213 16 The US$24 billion aid package for Russia may make the crucial difference between unbearable misery and hard, but tolerable, times and this could give Boris Yeltsin the baigaining power to push ahead with his tough free-market programme. NYT THE $24 billion in aid that US President George
      NYT  -  1,213 words
  • Page 16 Advertisements
    • 263 16 mgr m %-v my* tJ M-&i*sk -#> c 4 *«>■<, Ss- B(.jMijlrfr iE S A Bk m |n|M HHHI IMB fliuMf 3-YEAR MMMMfTY Wmtypi^lW mamUU iiintniinnimiT and maflfr OK CMfTtiMIM DfOVHM nWIIwnMGV WWw »w| V J-YEAH PAWTWOIIK l|M>t ye? iin igiiiiiftftpip// i t~ fS3,j s > .< ,J- v f-
      263 words
    • 144 16 i r £anREASTI£VHNCSTOIN lull SHIPBUILDING LTD FELS (Incorporated In the RepuMc of Singapore) I TO: ALL WARRANTHOLDERS OF US$BO,OOO,OOO I 1.25 PER CENT UNSECURED BONDS DUE 1994 I WITH WARRANTS ATTACHED I SUSPENSION OF I SUBSCRIPTION RIGHTS I NOTICE IS HEREBY GIVEN that the Register of I Warranthoiders will be
      144 words

  • SPORTS
    • 484 17 America's Cup Reuter SAN DIEGO New Zealand and France both had Lady Luck on their sides to help them to victories in the America's Cup challengers' semi-finals on Wednesday as Japan and Italy had equipment failures. Japan's Nippon had the worst luck. Chris Dickson's
      Reuter  -  484 words
    • 387 17  -  By Susan Tsang SINGAPORE Henrik Holm, the "lucky loser", ran out of luck in the second round of the Epson Super Tennis tournament yesterday when Alexander Mronz of Germany beat him 6-4, 6-3. In other second-round matches, Simon Youl of Australia defeated Italy's Gianluca Pozzi
      387 words
    • 264 17 Reuter HILTON HEAD ISLAND, South Carolina Jennifer Capriati, the fourth seed, suffered a stunning upset at the hands of unheralded German Veronika Martinek in a sec-ond-round match in the U*****,000 Family Circle Cup women's tennis tournament on Wednesday. Capriati, ranked sixth in the
      Reuter  -  264 words
    • SIDE LINES
      • 155 17 NAIROBI Carlos Sainz made it third time lucky in winning his first Safari Rally on Wednesday with a faultless piece of driving and engineering. The first win for the new Toyota Celica Turbo 4WD, which made its debut in the Monte Carlo rally
        155 words
      • 86 17 PARIS The on-off saga of the 1992 World Sportscar Championship ended on Wednesday when motorsports' ruling body, FISA, announced it will go ahead as planned. The season had been in jeopardy for months, amid FISA concerns that there would not be enough teams or cars to
        86 words
      • 54 17 JOHANNESBURG Top-seeded Alexander Volkov of Russia fought back to defeat Italy's Nicola Bruna 6-0, 2-6, 6-3 on Wednesday and advance to the quarter-finals of the US$3OO,OOO Panasonic South African Open. The No 3 seed, Wayne Fereina of South Africa, also won his match against unseeded compatriot Grant
        54 words
      • 108 17 NEW YORK Lyn St James said on Wednesday that she will try in May to become the second woman to race in the Indianapolis 500 and the first to run at Indy in 14 years. St James, a seasoned sports car and sedan racer, has
        108 words
      • 53 17 LISBON No 3 seed Karel Novacek defeated Nuno Marques of Portugal 6-2,6-2 on Wednesday to advance to the second round of the Estoril Open. Seventh-seeded Jordi Arrese of Spain also survived the rain and the first round of the US$5OO,OOO men's ATP tournament with a straight-set defeat over
        53 words
      • 80 17 BUENOS AIRES Disgraced Argentine football star Diego Maradona told a magistrate here on Wednesday he would submit to regular checks to see if his drug therapy is working. Argentina's former World Cup captain was ordered to undergo treatment last year for possessing cocaine. His world
        80 words
  • Page 17 Advertisements
    • 67 17 Let The Economist fill you in on the future of u tral :.v>, r.-.§ :X- V '■a "a. r-y -v '-A:- v u < r ft vT' t« 5 ;:V>! v 1*" I i T" "V- ""'V* *>. i •>:. t#A Ts* 1-••••,: -i r i .V-VV* r >. The
      67 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3025 18  -  By S N Vasuki THE Straits Times Industrials Index's small advance yesterday may be the first hopeful sign that the Singapore stock market is taking small but nervous strides towards a recovery. The STII had even flirted briefly with the 1,400 level indicating that
      3,025 words

  • 2675 19 Gr's Gr's 1992 Tel Cuit Last Vol Day Last Quote Di> Div YTd Net M Cap High Low Code Company Traded Sale +or- (DOO) High Low Buyer Seller Cvr N P/E Smil 75 54 s 1269 Fuji 0fiset20« 54% cd 6 54% 54% 54% 60
    2,675 words
  • Page 19 Advertisements
    • 131 19 [«Knel YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. or Tony Chia videotext system in the world.
      131 words

  • 3078 20 Tractors 50« 207 +12 +6.2% KL Kepong 239 +9 +3.9% Tasek Cement 294 +9 +3.2% M Banking 505 +7 +1.4% Gentings 50* 750 5 +0.7% PMRl 50* 192 +5 +2.7% GIL US$0.10 72 2 3.6% MU Mfg 50* 98 +4 +4.3% Mill 171 +4 +2.4%
    3,078 words
  • Page 20 Advertisements
    • 257 20 BUSINES S T I M E S Toll-free Tel No; 737-0043 Fax No: 734 3608 M ETRO METRO IS SINGAPORE Director Of Finance J.^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
      257 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5094 21 Bernama. Reuter LIGHT bargain hunting towards the close took share prices to a mixed close yesterday after an earlier fall following a weaker Tokyo market performance. The KLSE Composite Index at the close dropped 0.25 of a point to 588.12. The Allshare Emas Index eased
      Bernama.; Reuter  -  5,094 words

  • BT SHARE INFORMATION SERVICE
    • 272 22 ■ah BmN Last Fri Tew F recast Mt IM NetPrelt EPS mmoi Ttar EPS Cms prall N< law Cnw Mai Mir «*c (cts) (SHI) (SSa) (eta) DbmsM I Apr 19 Aug 92 29 5 10 0 28.013 17 2-37 3 141-30 9 m I Apr 26 Aug 92
      272 words
    • 266 22 Mmtmi Last Fafl Year Cwpaj Tear EPS Cms tot mmmtM ft* (cts) M» last par (STIW) EMS Final No* 6 Jut 91 3.0TE 17,8781 Tftl Final Mar 28 Dec 91 149 9 5 5.056 Mf Final Mar 28 Dec 91 10 6 6.0 6.206 Sk« In ft
      266 words
    • 181 22 Coaipaay Date Year Group Net N«t aaraiags firm aaa to profit/lass (L) par share dividend ('000) (canto) Kmtas Mar 27 Dec 91 M$11.900(MS4,720) 10.76(9 1) 5(4.7) MUI8 Mar 27 Dec 91 M$44.255(M$34,172) 68(58) 7(3) Cerebos Feb 13 Sep 91 845,623j(838.9U) 148(128) 23.6TE(30TE) KL Kepong Feb 13 Sep 91
      181 words
    • 466 22 Company Date HaH-year Group pra-tax Interim ana to profit/low (L) dividend C000) RMCA Re Mar 31 Dec 91 $51.177l($*****l) AISB Mar 23 Dec 91 M$2,019(MS10.256) Amal Steel Mar 30 Dec 91 M$70.015(M$82,361) Boustead Mar 30 Dec 91 M$27,134(M$17,902) Faber Group Mar 30 Oec 91 M$23,759(M$2.435l) Ind Oxygen Mar
      466 words
    • 65 22 Conversion Special Trdg Scripiess Conversion deadline Period Trading Com pan> starts (IDP) (ST) starts Centre point Mar 30 Apr 21 Apr 8 Apr 21 Apr 22 First Capital Mar 31 Apr 22 Apr 9 Apr 22 Apr 23 Hai Sun Hap Apr 1 Apr 23 Apr 10 Apr
      65 words
    • 874 22 Company Date Year Greap pre-tax Net earnings Cms ana to pram/toss (L) par share dividend (000) (cents) Hop Moli Mar 24 Dec 91 $2,895(12.972) 7 6(8.8) 6(5) ROC Mar 26 Dec 91 $20,942(116,285 59.7(42 1) 8q(5) Jardwe MathesonMar 25 Dec 91 US$612,600($561,700) 48 2(42 1) 65 6(57) Hutch.nson
      874 words
    • 1451 22 Currwrt Ex Beaks Date Tetal tor TtteJ tor payment date ctoM payable the year last year Kan 5% Jun 5 Jun 18 Jul 2 5% 5% Amtek Enj 50c 6%TE(I) Apr 15 Apr 21 Apr 30 121TE 12%TE Asean Find USlOC(b) Mar 10 Mar 20 Mar 30 US10C
      1,451 words
    • 708 22 Trans Rofistorod Substantial Buy/ No. of Amount Shareholding Stock Dato Holder Shareholder/Director Soil sharos Bofore *nor SPC 23/03/92 CDPDBS Nominees (Pte) Ltd MND Holdings (Pte) Ltd S 7.000 19.887 132.382.476 41.37 132.375.478 41 37 L&M 23/03/92 Street Names Guthrie Mfg (S) Pte Ltd B 8.000 13.200 12.072.000
      708 words
    • 283 22 Company Rights Issue Tat Lee Bart R*hts issue of one-fen five fe $2 45 per share Two rights issued tor one warrant at an exercise price of *2 60 COt Consokdabon of every four shares of HKSO 25 into one share of HK$1 00 nominal amount Rghts issue
      283 words
    • 621 22 Company Rights Issue Aiance Tech One tor-one fe SI 00 per share Bedford Issue of $175 lm nominal amount of 551 Bank Guaranteed Bonds 1992/97 with detachable transferable subsection rights (TSR) on the basis of one TSR for every four ordinary shares fe M$0195 for each TSR Bolton
      621 words
    • 172 22 Gold Coin Ltd; EGM at Acma Ltd, The Conference Room, 17 Jurong Port Road, Singapore 2261, on Friday, Apr 3, at 9am Acma Ltd; EGM at the Conference Room, 17 kfonf Port Road, Singapore 2261, on Satirday, April 4, at 9.00 am Urated Overseas Bank Ltd: EGM at
      172 words
    • 162 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mfh: 1316 68 (21/2/92) 1992 Nflt 1545 92 (27/1/92) 1992 km: *****0 (01/4/92) 1992 tow: 394 06 (01/4/92 1991 h«h: 1333.08 3/6/91) 99 h* 565.58 3 6 9 1991 loir *****2 (16/1/91) 1991 low: 149.08 (16/1/91) 1990 l*h: 1435 43
      162 words
    • 361 22 IB local ctwt In S$ US$ dy yr dy yr dy yr pr i Index chge chge chgc chgc chge chge World 382.5 -1.4 -6.3 -1.6 -8.2 -1.9 -10.4 ♦EJrE 458.7 -2.4 -8.7 -2.7-12.9 -3.1-15.0 F.urooe 422.2 -1.1 2.7 -1.4 -3.1 -1.7 -5.5 Pxffic .658.3
      361 words

  • STOCK EXCHANGE OF THAILAND
    • 2205 23 Reuter, UPI STOCK PRICES closed almost unchanged in thin trading yesterday, with the Stock Exchange of Thailand (SET) Index up 0.54 point at 822.96. Volume amounted to 5.64 billion baht, 663 million baht higher than Wednesday's total. "The market opened with the index rising
      Reuter,; UPI  -  2,205 words
  • JAKARTA STOCK EXCHANGE
    • 1197 23 Reuter STOCKS closed steady in fairly active trade yesterday, with the official index edging up 0.52 point to 280.03, brokers said. Volume dropped to 5.42 million shares from Wednesday's 9.46 million. Indah Kiat closed 100 rupiah higher at 2,950, with 285,000 shares traded.
      Reuter  -  1,197 words
  • Page 23 Advertisements
    • 7 23 Plan your career in the Every Wednesday
      7 words
    • 330 23 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 In Km Matter of The Copaniee Art, Cap. M and In the Matter of FIANOfI TftAMNa FTI LTD Members Vofciot^f Pursuant to taotlan 2901 At an Btfraordnary General Meetlno of the Member! of FeenorTradng Ri Ltd duly convened
      330 words
    • 640 23 jjjjSl CLASSIFIEDS! Call *****46/*****52 In ihe Matter al The Copantea Act, Cap. 80 and In the Matter of SINGAPORE FIATHER WORM (PTE) LHHTID Notice o# ReeeMone tef Membere 1 Voluntary WMng-up (Pureuant te Section fq At n Extmordtnary General Meeting o# the Members of Sr&pcr* Feeder Wbfke(fte)LMieddJyoor*»nedand held at af
      640 words

  • TOKYO STOCK EXCHANGE
    • 2621 24 Reuter STOCKS closed weaker yesterday but off their lows after a rollereoaster session that saw the Nikkei testing the 18,000 level. Index-linked buying and bargain-hunting helped rescue prices from an early afternoon selling spree, brokers said. Sentiment remained nervous, they added. The 225-share
      Reuter  -  2,621 words
  • STOCK EXCHANGE OF HONGKONG
    • 2555 24 Reuter STOCKS closed firmer yesterday on late demand for selected blue chips from overseas bargain hunters, brokers said. The Hang Seng Index ended 14.31 points higher at 4,924.27 after a day of indecisive trading. Total turnover fell to HK$ 1.72 billion from Wednesday's HKS2.I4 billion, with
      Reuter  -  2,555 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2264 25 Reuter THE SHARE MARKET closed at a six-month low yesterday after taking a big dipper ride with Tokyo's extremely weak Nikkei Index. The All Ordinaries Index nosedived more than 20 points at one stage as the Nikkei threatened to fall through the key 18,000 support
      Reuter  -  2,264 words
  • REGIONAL STOCK MARKETS
    • Seoul market ends at new low for year
      • 486 25 THE STOCK MARKET closed weaker yesterday as profit-taking sent the index to a new low for the year, brokers said. "There was some profit-taking on large-cap manufacturing, finance and also the low PER (price-earnings ratio) shares yesterday," said Ko Kyung Bae at Hyundai Securities. The index finished at 585.67,
        486 words
      • 528 25 SHARE PRICES finished higher yesterday, aided by a late round of technical buying after Wednesday's 2.6 per cent decline, brokers said. The weighted index climbed 57.48 points or 1.2 per cent to close at 4,733.96. Turnover was a thin NT$l5.4 billion against NT524.5 billion on Wednesday. The market is
        528 words
      • 913 25 SHARE PRICES closed narrowly mixed yesterday as investors postponed aggressive trading, anxious to see further political realignments to reduce the number of presidential candidates in the May elections, brokers said. The Manila Stock Exchange Composite Index inched up 3.14 points to close at 1,102.95, while the Makati Index slid
        913 words
      • 125 25 DISINTERESTED overseas investors and a cash-strapped domestic market forced the NZSE-40 to fall below the 1,400 level at the close yesterday. In morning trade, the market fell almost 15 points below the 1,400 level it had struggled to stay above all week, but recovered in the afternoon to close
        125 words
      • 147 25 New Zealand Apr 2 NZ Cents VolfOO) ANZ Banking 540 I 266 Bank Of NZ 63 unch 2514 Baycorp 16 +1 Brierley Jnv .92 1 ***** Carter Holt 224 3 4343 Cavalier 285 3 Ceramco 250 1 666 Cityrealties 24 24 22 Corp Inv 41 2 5460 Cultus Pet Donaghys
        147 words
      • 51 25 INDICES TURNOVER Chwc Apr 2 P*rto- NEW ZEALAND NZSE-40 Capital 1.397.48 1,405.31 -7J3 MANILA Composite Index Turnover (million) 1,102.95 473.2 1,099.81 1,150 +3.14 -676.8 TAIPEI Weighted Price Index Turnover (NTS billion) 4,733.96 4,676.48 15.4 24.5 +57.48" -9.1 SEOUL Composite Stock Index Turnover (billion won) 585.67 462.9 599.0 329.7 -13.33 4
        51 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • US blue chips rise in volatile trading
      • Article, Illustration
        1302 26 BLUE CHIP stocks closed higher on Wednesday in a volatile session, bolstered by rising bond prices and bottom fishing at the day's lows. The Dow Jones Industrial Average closed up 13.86 points at 3,249.33, after trading lower for most of the session. Volume on the New York Stock
        1,302 words
      • Article, Illustration
        883 26 SHARE PRICES ended with sharp losses on Wednesday after the latest opinion polls convincingly favoured the opposition Labour Party for the April 9 election, dealers said. But a persistent rally on the FTSE futures market helped the cash market close well above the day's lows. The FTSE 100 Index
        883 words
      • 174 26 SHARES closed about half a guilder per share lower, after dispelling early fears of a large slide and finding support, dealers said. "Obviously people were pretty frightened after the fall in Japan overnight and there was a lot of nervousness before London opened, but as it turned out we
        174 words
      • 189 26 SHARES traded higher in the pre- bourse yesterday, supported by expectations that Germany's biggest commercial bank, Deutsche Bank, will report strong profit growth at its news conference later. Market sentiment was helped by Wall Street's firmer close and a feeling that the Tokyo bourse was nearing its low. Deutsche
        189 words
      • 225 26 SHARES closed higher in a technical rally on Wednesday, as the market returned to levels reached in kerb trading on Tuesday. But dealers said volumes remained very thin, adding many investors would remain out of the market until after the April 5-6 general elections. Shares in Banca Nazionale dell'
        225 words
      • 246 26 SHARES closed lower in lacklustre trading on Wednesday, but retailers GIB and Colruyt bucked the trend following the strong rise this week in Delhaize. The Bel-20 Index of leading shares closed down 3.52 points, or 0.30 per cent, to 1,189.49, with trading in Belgian shares worth a low 470
        246 words
      • 125 26 PRICES on the bourse closed broadly lower in moderate trade on Wednesday, partly in reaction to weaker foreign markets, dealers said. They described trading as dull, and said underlying sentiment had weakened somewhat. "After two weeks of a strong market we have entered a phase of consolidation, emphasised by
        125 words
      • 283 26 SHARES ended a moderately active session broadly lower on Wednesday. Dealers said Tokyo's fall as well as weak European bourses had dampened sentiment, and a slight recovery around mid-session ran out of steam when City of Zurich figures added to inflation worries. The all-share SPI Index fell 6.8 points
        283 words
      • 353 26 THE Industrial Index on the Johannesburg Stock Exchange dropped 60 points or 1.3 per cent on Wednesday as investors became jittery over weak world equity markets, while the continued strength of the financial rand added pressure on share prices. "We will be watching New York keenly. If it doesn't
        353 words
      • 321 26 STOCKS bounced back from a 23point drop to end flat on Wednesday, boosted by strong gains in US bonds and moderate strength in New York, dealers said. Bank and oil and gas shares led the gainers, while industrial products and real estate shares reported losses. "The markets were depressed
        321 words
      • 103 26 Paris Apr 1 FFr COMEILLE Air-Liquide 752.00 -21.00 Alcatel Ansthom 599.00 -11.00 Elf-Aquit 352.50 -7.60 Michelin 164.20 -4.90 OFP 113.00 Peugeot SA 714.00 -20.00 Philips (NV Gem) 109.60 .40 Royal Dutch 425.50 -.80 GROUP A Nestle *****.00 -150.70 CROUP B Lafarge 359.20 -4.40 CROUPC Shell 435.70 CROUPD Norsk Hydro 131.50
        103 words
      • 73 26 INDICES TURNOVER NEW YORK Dow Jones SAP 500 Turnover (million) Apr 1 Close Previous 3.249.33 3.235.47 +13.86 404.23 403.69 +0.54 186 182.7 +3.3 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,878.9 1,903.5 -24.6 2.408.6 2,440.1 -31.5 620 475.1 +144.9 FRANKFURT DAX Index 1.707.30 1,717.86 -10.56 AMSTERDAM EOE Index 302.62
        73 words
  • Page 26 Advertisements
    • 24 26 The market report for Paris was not available Innovation Technology in Business Times every Tuesday ATTRACT POTENTIAL CANDIDATES with aa ad lathe APPOINTMENTS' COLUMNS
      24 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1229 27 REPORTS THE US DOLLAR erased some earlier gains yesterday on the liquidation of long positions in Tokyo, but was still above its closing levels in New York overnight, dealers said. "Since the dollar is quite well bid, there's not too much downside probably
      1,229 words
    • 357 27 Cross rates Apr 2 USS SS MS Dm Yen SFr AS NZS USS 1.6600 2.5860 1.6520 134.30 0.5797 1.5100 1.3021 1.8332 SS 0.6024 1.5578 0.9952 80.9036 0.3492 0.9096 0.7844 1.1043 MS 0.3867 0.64 0.6388 51.9335 0.2242 0.5839 0.5035 0.7089 Dm 0.6053 1.0048 1.5654 81.30 0.3509 0.9140 0.7882
      357 words
    • 524 27 Interbank rates SS m Offer Overnight 3 5/8 3 3/4 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: 3-1/16 llSt Bid Offer 7 days 4 1/8 4 1/4 1 month 4 1/8 4 1/4 2 months 4 1/8 4
      524 words
    • 397 27 AFP TOKYO Combined with a rise in US borrowing, a projected massive repatriation of yen aimed at shoring up the Japanese share market will drive up interest rates worldwide, a Deutsche Bank official said on Wednesday. "During the months ahead in the
      AFP  -  397 words
    • 1313 27 SIMEX EUHOOOLLA* Open High Lw Sett Est Vol Act/Vol Op/Int Jun 92 95.53 95.54 95.50 95.50 8800 6214 ***** Sep 92 95.16 95.18 95.14 95.14 7500 6130 8500 Dec 92 94.42 94.45 94.41 94.41 4200 2966 6892 Mar 93 94.14 94.16 94.12 94.13 750 769 3519 Jun 93
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  • COMMODITIES
    • 423 28 Reuter TOKYO Platinum has been hit by Japan's economic slowdown, but traders here expect cash platinum prices to rise as high as US$4OO (*****) per ounce in the near future. While demand in Japan may stay steady to slightly lower, demand in
      Reuter  -  423 words
    • 278 28 Reuter SINGAPORE Indonesia's robusta coffee is expected to continue enjoying a premium over the South-east Asian region's robusta prices in the near term due to delays of its main crop, normally due in early April, Asian traders said. "Crops from Indonesia's key
      Reuter  -  278 words
    • 860 28 REPORTS THE PRICE of tin added another seven sen to close at M$ 14.57 sen per kg on the Kuala Lumpur Tin Market yesterday. Dealers said the firmer market was attributed to good buying demand and short-covering activity ahead of the long
      860 words
  • 1286 28 Rubber Apr 2 MS (Mia Mm) Scent Noon Close Int 1 RSS Prompt Int 1 RSS May 92 Int 1 RSS June Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP I4I.75/I42.75N I42.2VI43.25N 142.50/143.00 143.00/143.50 143.50/144.00 144.00/144.50 140.00/141.OON 140.50/141.50N 139.50/140. SON 140.00/141.OON
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  • Page 28 Advertisements
    • 1644 28 BUSINESS T I M_E_S__ ToM tr— T1 No 737 0043 F« No: 734-3686 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AUTOMOBILE SEATCOVERS A ACCESSORIES PTE LTD (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of the members of Automobile Seatcovers
      1,644 words
    • 6 28 Innovation Technology in BT every Tuesday
      6 words

  • 1210 29 cn» Ma MttM F«gM n* miit GA890 ETO 1 2205 city KjracM FHgfct ETA Flight CI91 SQ418 no 0240 1245 ELQF81 RJ182 KL837 SQ23 2010 1440 1340 1815 QF82 RJ183 SQ24 KL838 2115 2320 0115 2325 Koti Kinabski Kmli iammr MH631 MH640 MH630 SQ103 MH605 1520
    1,210 words
  • THE TRAVEL PAGE
    • 647 29  -  LETTER FROM NEBRASKA By Patricia L Brown IT SITS, fragile as a bird's nest, down a country road with no name. The old white clapboard house in Wilber, Nebraska, has been abandoned for nearly 30 years, but some of the Svarc family spirit remains. Frayed
      647 words
    • 151 29 As at 3pm yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2678 1.2852 Canadian dollar 1.3774 1.4052 NZ dollar 0.8946 0.9126 Sterling pound 2.8508 2.8895 US dollar 1.6550 1.6620 Local dollars to 100 units of foreign currency Austrian schilling 14.11
      151 words
    • 73 29 Duration Title Venue Organiser Tel Duration Titk Venue Onan»«er April 28- Zimbabwe Bulawayo. Zimbabwe 263-9/***** April-May International Fair Buenos Aires, Intercxpo 541-*****1 May 3 International Zimbabwe International on Construction Argentina Sudamencana Trade Fair Trade Fair Materials SA Technology Apr 29- Sixth Geneva Salon Intl 021/*****9 m7ia/MQm7? May
      73 words
  • Page 29 Advertisements
    • 38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations Check with your travel agent or call *****77 for more details. We knew Europe from start to Finnish
      38 words
    • 24 29 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
    • 61 29 A tale of seven sisters and their men Starting tonight, a new 25-episode television serial that's sure to tug at many heartstrings. Love triangles, spinsters, hardheaded tomboys, two-timing beauties and romantic schoolgirls all in the name of the Dating Game. The fun starts at lunchtime today In The New Paper
      61 words
  • Page 29 Miscellaneous
    • 269 29 1 Good hand given by a capacity audience (4,5) IHI^H 8 Do law enforcers take in I I one point advanced by law LmJ L 11 Woman adopts male survi- vor of the flood (4) 13 Stew made of nothing but HL- H— 16 All French going to Brazil- |Hr
      269 words
    • 164 29 Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 34.0 Assoc humidity 60% Minimum temperature 26.0 Assoc humidity 89% Hours of sunshine 6.95 Rainfall in mm Nil Rainfall this month Nil Rainy days this month 0 World report Asia-Pacific Hi/Lo* Cond. Auckland 20/12 Cloudy Bangkok 35/27 Clear
      164 words
    • 25 29 11 ov (thcscs NO BufTfcT scß v 'C£ i 1 B aiA PS Itß'sr I SSkb Vftccsou»g-- J 8647 e AMOCMTtO HgWPAW LTD.. HM-WW PO<
      25 words

  • 468 30 Appointment ends four days of uncertainty AFP, AP, Reuter, UPI PARIS French Finance Minister Pierre Beregovoy, mastermind of France's antiinflation strategy, was appointed Prime Minister yesterday to replace Edith Cresson. The departure of Mrs Cresson, 58, France's first woman Prime Minister and the
    AFP,; AP,; Reuter,; UPI  -  468 words
  • 403 30 AFP, Reuter PARIS Pierre Beregovoy, appointed France's Prime Minister yesterday, is a lifelong Socialist who whipped inflation and built a reputation for financial orthodoxy second to none. A pragmatist with keen political instincts, he personified as Finance Minister the transition of Francois
    AFP,; Reuter  -  403 words
  • 436 30 AP, Reuter BANGKOK King Bhumibol Adulyadej formally opened Thailand's new Parliament yesterday and exhorted newly-elected legislators to cooperate in the national interest. A golden curtain parted, trumpets blared and the white-uniformed, bemedalled monarch proclaimed: "1 wish to open this Parliament." In a speech that
    AP,; Reuter  -  436 words
  • 494 30 AFP, Reuter WASHINGTON US President George Bush has pledged that Washington will be a major contributor to a US$24 billion (5539.84 billion) allied fund to promote economic stability and democracy in Russia. The White House said on Wednesday
    AFP,; Reuter  -  494 words
  • 167 30 AFP WIESBADEN, Germany Inflation in Germany has leapt to a nearly 10-year high, reaching 4.7 per cent in the 12 months to March after 4J per cent in February, the Federal Statistics Office reported yesterday. The last time retail prices rose faster was in
    AFP  -  167 words
  • 619 30  -  BT interview with Russian Vice-President From John Helmer in MOSCOW RUSSIAN Vice-President Alexander Rutskoi has defended the proposed Russian Constitution and dismissed criticism that his differences with President Boris Yeltsin amount to a call for replacing the present government. In the first interview he has
    619 words
  • Page 30 Advertisements
    • 182 30 Nikon The World's Finest Photographic System Advertisement HONG KONG STOCK MARKET Computerised databases designed for optimised indepth research Access to a high speed structured database gives undertake direct data sourcing and research. Our the Fund Manager and Researcher an added edge dedicated Financial Database Administrators in in today's fast market
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    • 117 30 Restoring the faith, Pg 16 Industry chiefs, bankers sound warnings, Pg 11 /^mggjgmggßß^^ Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.S BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 •ISLE OF MAN 450 •JERSEY
      117 words
    • 203 30 Nikon The World's Finest Photographic System ■jy.'Jfc* flr ¥*T7 J ilM l J^^^_ a i |H HM tail f 1 ?*nfl H jsh f 'Atil 91 Hu/J. jdtJUL^J, ■M ►BjK JjjJg£l nfll[l-i 'rf P* |^B*39L HM® Swlt■ll^Be'^B 1 1 Ift v >1 >j f^H' K*?^KM^K'<mlV< "HiEri 1"'» «iHil1 1 f""flrH
      203 words

  • Shipping Times
    • 346 31  -  By Rahita Elias SINGAPORE France's Marseilles port expects to see a 5 per cent increase in Asian traffic this year over the nearly 150,000 20-footer equivalent units (TEU) it handled last year. Daniel Pleindoux, the port's manager for Asia, said that
      346 words
    • 216 31 SINGAPORE Emirates, the UAE's national carrier, has become the first airline in the world to provide a personal in-flight video entertainment system on all aircraft seats first, business and economy. Each seat will have its own individual liquid crystal screens offering a large choice of films
      216 words
    • 359 31 Reuter LOS ANGELES A Californian agency has put forward a plan to solve the simmering dispute between local officials in Santa Barbara, California, and Chevron Corp over the use of tankers to carry oil from the controversial Point Arguello offshore oil project, a
      Reuter  -  359 words
    • 1190 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 3
      1,190 words
    • 351 31  -  By Dexter Lee SINGAPORE Air-sea freight forwarder Coslink (Singapore) Pte Ltd, which opened its ofFice in Cecil Street yesterday, plans to form a freight forwarding joint venture in China. Besides Coslink, the other partners in the joint venture are international freight forwarder
      351 words
    • 289 31  -  By Tan Hua Joo SINGAPORE Singapore will play host to the 9th High Speed Surface Craft Conference and Exhibition next year the first time the event will be held outside the United Kingdom. The biennial conference, organised by Fast Ferry International,
      289 words
    • NEWS SUMMARY
    • LOG BOOK
      • 90 32 EDISON, New Jersey CSX Corp's Sea Land Service Inc said on Wednesday certain documentation and administrative tasks now carried out at port terminals and other US locations will be moved to the Dallas/Fort Worth area. Sea and expects about 300 positions will be
        90 words
      • 79 32 BELGRADE The airport in the Croatian capital of Zagreb was officially reopened to traffic on Wednesday after a sevenmonth closure due to fighting in the republic, Tanjug news agency said. Radio Zagreb said one of the first planes to land at the reopened Pleso airport was one
        79 words
      • 87 32 BANGKOK Thai Airways International said on Wednesday it has started semi-weekly flights to Guam. The DC-10 flights, which began this week, go from Bangkok to Manila in the Philippines and then on to Guam every Tuesday and Thursday. The return flights by the national earner
        87 words
      • 115 32 MANILA The Philippines has lifted restrictions on vessels from Socialist countries wishing to use the country s ship repair facilities located near the US Subic Base west of Manila, a senior official said. All commercial vessels, regardless of country of origin, will be allowed
        115 words
      • 52 32 LONDON The Czech-owned freighter Orava has requested a survey following a collision with the United Arab Emirates-owned tanker Fal XXII, 73,982 deadweight tonnes, at Khor Fakkan, UAE on March 30, Lloyds Shipping Intelligence reported. The 15,916-dwt Oram is due at Port Muhammad Bin Qasim, Karachi on
        52 words
      • 95 32 MANILA The government-run Land Bank of the Philippines (LBP) has been given permission to acquire 7.6 per cent of Philippine Airlines (PAL), Central Bank Governor Jose Cuisia said here on Wednesday. The 7.6 per cent of PAL to be acquired by LBP
        95 words
    • 1098 32  -  Regional ferry operators tell Juliette Walker how recent developments are threatening the survival of some Juliette Walker LOCAL ferry operators are bracing themselves for hard times. The pending move to the new Singapore Cruise Centre and restrictions on duty-free alcohol threaten to raise costs and
      1,098 words
    • 560 32 Carbon 27 Density Water Residue Mi Sediment MM Exxon KG/M*3 V/V M/M M/M PPM method j tSO/Cimx Mb Spec E25 991 U> 154 010 30* jUtT* Spec G35 991 10 18 0 015 30* 0.10 1 Northern Eur** 180 Ave 985 ol J05 1 0^2 180
      560 words
    • 11546 40 This is a list of ships loading Ma at Singapore for ports around the world. It tabulates, by E destination, the name of the 8 ship, the shipping line in- El volved and the estimated M dates of arrival and departure 14 from the Port of Singapore.
      11,546 words
    • SHIPS IN PORT
      • 516 47 Vessel Voy No Beth Aimal Departure Vessel Voy No Berth Armal Departue Marina Terminal 1 Brastagi t 13/92 M02 alongside 03 04'2300 Hamidah 8/92 M03 alongside 0304/0700 Mahkota Exp 64/92 M05 alongside 02 04/1400 San Hla Htwe 1/92 M04 alongside 02 04 2300 Seng Hing 4A/92 M02
        516 words
      • 240 47 Johof Port Berth: 1: Sri Nam Hua No 3, Lian Keong; 2: Banglumpoo; 3: Pinya; 4: Manka; 5: ml; 6: Kris Lemona. 01 jetty: Lina 101. DCJ: SuKun. Ceriang. Due on Apr 2: World Utility, Barzan. CPC Nippon. Due on Apr 3: Global Ceres, Nur Marina, Dhai
        240 words
      • 1393 47 nn ivfry OF FCL IMPORT CONTAINERS IN PROGRESS 1 St* Voy No Contwen wifaWe 1 Shp Voy No Cant*n*n avabbte T 17<u *****2 0755 CY Chance EE214 COO(EST) 0204 92 1500 w 0 04 92 0800 Benja Bhum 27S COO(EST) 02.04.92 1500 147CNB 0 0492 m sTeJaya COO(EST)
        1,393 words
    • 973 48 S«pt 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 wjjl take place at The Westin
      973 words
    • 589 48 FREIGHT market operators shrugged off the impact of impending farm credit announcements in the US while most freight rates followed weaker fixture reports downwards, dry cargo brokers said on Wednesday. The US is expected to offer USSI billion in GSM agricultural credits to the former Soviet Union, with
      589 words
    • 201 50 AFP HONGKONG Hong-kong-based Gilman Swire Willis Ltd has been appointed the consultant to coordinate insurance arrangements for the territory's multi-bil-lion dollar new airport project, the firm said on Wednesday. The company, a joint venture between London-based Inchcape Group, Swire Group and Willis Corroon Group pic,
      AFP  -  201 words
    • 214 50 Reuter ATLANTA United Parcel Service said on Wednesday it bought Austrian-based package carrier Star Air Parcel Service, its gateway agent for most shipments to Eastern Europe. Terms were not disclosed. The world's largest package distributor said the deal marks its 15th acquisition in Europe
      Reuter  -  214 words
    • 406 50 Reuter BRUSSELS The European Community and the United States have struck an accord on ending a five-year-old dispute over aircraft subsidies, deflecting a row in the world trade organisation Gatt. "US and European negotiators reached tentative agreement late yesterday on limiting government
      Reuter  -  406 words
    • 427 50 FT HONGKONG The estimated cost of Hongkong's new airport and associated infrastructure projects has risen by HKSIS.4 billion in real terms in less than a year, the Hongkong government said on Tuesday night. The airport, which last July was estimated to
      FT  -  427 words
    • 494 50 AP NEW YORK The bidding war for LTV Corp's defence and aerospace divisions began in earnest in US Bankruptcy Court on Wednesday and came under intense political scrutiny in Washington. A giant French defence and electronics company, Thomson CSF Inc, put in
      AP  -  494 words
    • 479 50 Workers' fortress the cradle of French labour movement Reuter BOU LOG NE-BILL ANCOURT, France Vehicle maker Renault's oldest factory, described as the last citadel of France's labour movement, closed its doors on Tuesday for the final time. The demise of RenaultBillancourt ended
      Reuter  -  479 words
  • Page 31 Advertisements
    • 27 31 C Umi mMI Mrrttil rtprNMtMl Mtabcra d tka Ihlilii «f kunMm SIMM tarnto. Ihf—irt Nattoml Site- Ulaii; ping Mwoiuiiu /■Of advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
      27 words
    • 229 31 the FAMOUS bWk/UM&k ■!I.HIUH 224 1833 For more information please refer to P|. 13 The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore Politics, the economy, investment opportunities,appointments... And snippets on Malaysia and A convenient tabloid delivered \to y Oll eveiyweek, whereever you may Be. Subscribe
      229 words
    • 29 31 Cootaner Schedule 17 Daly FragMs M Index 1 Snopmg Gude 10.11 SNps m Port 1' Singapore Tales 1' Transport Day U Veritas Report 2 Weather and Sea Condrtions 17
      29 words

  • Page 32 Advertisements
    • 62 32 Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in the daily Stock Exchange pages and on Saturday, in the Jobs page of the Exstyle For BH information, please
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  • Page 33 Advertisements
    • 2168 33 h OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 millWW BOOKINGS TEL: *****34 *****58 gillll^ W TERMINAL/CFS TEL: *****18 220 P DOOOQ r PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L¥Mf,A PORT KELANG TEL: *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality
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    • 399 33 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times i=e:uasc I UNITED ARAB SHIPPING CO (SAO) EVESSEL/VOY SIN NYC BAL OBF >AV I ■a UMam iu iw» o» 'V» 1 ■MR »/< 2/i VI 1/* I "win m IV* wt IVI vn I wamtm
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    • 1373 33 ■□EBsaasza 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 ETO Feeder by DESTINATIONS Cap* BonavtaU/ Mm Ma|MtK MMnk 9204 CY 7/4 0000 HAS Port mBM CPS 6/4 2358 MRS Kalang Panang OAK LQB HOU MEM ATL MIA CHS SAL
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  • Page 34 Advertisements
    • 1258 34 f 111 I VOY NO S PORE JEDOAH S'HAMTON H'BURO ANT LE HARVE I* DRESDEN EXPRESS 04/313 5/4 22/4 24/4 27/4 28/4 L DANUBE 01/114 9/4 18/4 2/5 28/4 27/4 t AU. WtSTBOUND I LUDWIGSHAFEN EXPRESS 01/314 12/4 29/4 1/5 4/5 5/5 mMfi r(Mm I MONTE ROSA 18/115 18/4 25/4
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    • 619 34 IEASPAC SERVICE COMTAIMERS U IREAHULK OWECT SOUTH PACIFIC SERVICE V SIN NOU SUV PPT L.J BONTANG 3507E8 25-28/4 0/5 11/5 16/5 •A" VSL 27/5 7/6 10/6 14/6 Transit Ttrr* 1(13) (16) (22) N ISO ACCEPTMG CARGO VIA SUVA TO LAUTOM, PAGO PAGO. N PIA, NUKUALOFA. P WU Si FASTEST SERVICE
      619 words
    • 1516 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE r,-,, SIN W.G BCL HAM B*E ROT MIT FU LMA VSI/VOY (VIA («A (VM «L 6) HAM) HOT) NQRASIA SHARJAH 9205-3 07/04 24/04 26/04 23/04 30/04 01/05 02/05 03/05 04/05 MKASM MUBARAK 9206 3 12/04 30/04 03/05 04/05 05/05 06/05 07/05 06/05
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  • Page 35 Advertisements
    • 1627 35 W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fat: *****17 ACCEPTS OUf SAES CARGO SPORE B KO* STUAITS VtNTUM ¥041 Muwa Lab. KK 03 Apr 05 Apt ESTEBftUGGE 05H 0«-M *P* 12-13 AC* STRAITS NOTE VO4E Muara, Skin Taa In Pari 05
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    • 2013 35 Wv V t SINGAPORE AGENT: DjJ/A P/\nff)iflAt«C P&O Containers (Singapore Agencies) Pte Ltd I 15 Hoe Chiang Road #08-02 to 06 Sanfofd Building. Singapore 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT iut rot HAM JED VfIUL VOY ANT HOT HAM
      2,013 words

  • Page 36 Advertisements
    • 539 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY SPORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAVA 34W8 26/4 29/5 3/6 7/6 10/6 KUTAI 25W8 25/5 28. 6 3/7 7/7 10/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo to Caaablanca, Port Said, Port
      539 words
    • 1307 36 HANJIN SHIPPING rna u« jm i |nf HAUL Ifiß OAK FOR VSI SIN IMI HAU. SAV U NYC HANJIN SINGAPORE 005E 5/4 ORECT 26/4 ?9/4 HANJIN K RANGY UNI OI7E 6/4 H K<*o3tf 14/5 15/5 17/5 HANJIN LEHAVRE 017E 12/4 ORECT 3/5 6/5 HANJIN KUNSAN 0731 13/4 M. PLEAS* 025E
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    • 1146 36 T J hhta I,f.sr. n. s. s. s. &s. z as. a "j. t. t. f. %as, t, I l\ZSf& 14/4 »/J »/i S/i 2/i V? W w i'/l i\ iM a* "/l v) jg u/| w/« u/| »/j I I GlOiT KKI a/4 »/4 4/S 4/5 »/S 11/5 12/5
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  • Page 37 Advertisements
    • 927 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS-(TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 nepline sdn bhd Malaysia K.L.-(03) *****33, P
      927 words
    • 511 37 KAOHSUNG il/4 I COLOMBO 12/4 ANTWERP 11/4 KEELUN6 13/4 BOMBAY 11/4 BREMEN 11/4 HONG KONG 13/4 KARACHI 11/4 HAMBURG 11/4 MANIA U/4 MADRAS 14/4 LEHARVE/LONOON 11/4 BUSAN 13/4 S™GONG 15/4 FtUXSTOK U/4 BUICKOK 14/4 SSSr 7/4 GtNO« 14/4 Mini H/4 CtttWH 1 MARSEILLES 14/4 PORT KELANG 13/4 ROTTEROAM 11/4 REWANG
      511 words
    • 1067 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO—DRCHAKONG WESTBOUND -IQAOfG TKANSHmD VIA ROTTERDAM wmn <toi |sw
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  • Page 38 Advertisements
    • 1485 38 44 M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W V TEL: *****77 TELEX; KAWAKIRS23I6S FAX: *****07/8/9 I I I l\l M. MALAYSIA: "K" UNE MARmME (MALAYSIA) SON BHD _■A B 4 TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      1,485 words
    • 1147 38 PHILI-ORKNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00 Telex: RS2B72OFAX: *****76 *****38 enf2 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE SYDNEY MELBOURNE, BRISBANE, FREMANTLE 08 APR AUCKLAND.
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  • Page 39 Advertisements
    • 1934 39 PACIFIC INTERNATIONAL LINES (PTE) LTD gjj 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 I JAKARTA I I BANGKOK —I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN mNTANG K8T213 4/4 7/4 11/4 KOTA RAKYAT 141 5/4 7/4 12/4 KOZINTSEV 20N 4/4 7/4 11/4 BUNGA TERATAI
      1,934 words
    • 714 39 EacßenV Ist1 st class container transport 1 ccpncH VPSSFI PFNANG PKELANGI OCEAN VSL/VQY SIN SOU (I RTM (2) HAM (3) GOT (4) ANSON/TBN 3/4 4/4 ALSIA 2132 774 2474 26/4 27/4 2£/4 I ANSON/TBN 10/4 11/4 BENAVON 2142 14/4 HI *11 *11 ANSON/TBN 17/4 18/4 JUTLAND!A 2152 21/4 8/5 10/5
      714 words
    • 336 39 hmm MYANMA Uk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIe Pen P.Gdt PINY* VI2IW Port MIR GUI VII3W 14/17 Apr Ir Port PAGAN VISIW 10/12 Apr HPA AN *176* 14/16 Apr MYOMAYWA VI4IW 22/24 Apr THE BANK LINE (A service ol Andre* Weir Shipping SEMI-CONTAINER
      336 words



  • Page 42 Advertisements
    • 2496 42 Conventional Semi-Container Full Container I l+mv Vomlroc Liner Services Malaysia 's Agents: Indonesia's Agents: Liner Services uner mm*-****.** General Aaents Booklnq Agents General Agents: Booking Agents: •># Perw Muj,> m u m uu* ko*ih* YickFuag Shipping! sm****-"* <—CostarShipping He ltd m*mrgmfmumii Enterprise Co ltd 'utxi'im""'"""" 1 ct*i*x awte ot comma
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    • 345 42 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 Talax: R*****0 Tafc *****81-3 Fax: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1034 04/04 (SAT) 07/04 (TUE) LAWANTI 955 06/04 (MON) 08/04 (WED) TWADIKA 919 11/04 (SAT)
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  • Page 43 Advertisements
    • 620 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 5/4 I ROTTERDAM 5/4 HAIFATASHDOD/ALEXANDRIA 5/4 HAMBURG/BREMEN 5/4 MARSEILLE/FRANCE 5/4 FELIXSTOWE/UK 5/4 BARCELONA/SPAIN 5/4 LEHAVRE/ANTWERP 5/4 GENOA/ITALY 5/4 GOTHENBURG/SCANDINAVIA 5/4 LOS ANGELES/WC/IPI 5/4 SYDNEY/MELBOURNE 4/4 NEW YORK/EC 5/4 FREMANTLE VANCOUVER 5/4 BRISBANE/ADELAIDE TORONTO/MONTREAL
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    • 743 43 MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) rer\ ETHIOPIAN shipping lines 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL /FSSFI VOY ETA ILOADING FOR SPORE M*YOT TSWB 15/04 OARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA METSANFT 26W8 21/05 DARESSAI AAM
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  • Page 44 Advertisements
    • 1134 44 S'PORE MPORT: *****11 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 Kfo7^7o I P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA (31) *****0 UK/SCAN/MED PORTS COLOMBCVa AFRICA 1 PEN PK SIN PEN PK SIN Colombo 3/4 4/4 5/4 11/4 12/4 13/4 Ldn/Flx/Rdm/Ant Durban/Pt Louis 5/4 6/4 5/4
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    • 791 44 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00, #16-00 SIA BUILOING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IVOY lETA IttEST VESSEL VOT SPO»E f KELAMC
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  • Page 45 Advertisements
    • 843 45 Wn— compania peruana \Ki DE VAPORES "PERUVIAN STATF LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. 110* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BUI Of LADING. "EVERETT ORIENT LINE" lAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOJI. TOKYO*. MANILA*. OAVAO*. Penang* P.
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    • 618 45 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI U AMMAN SHARIAH. DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS lEDOAH FAR EAST ACCEPTING FCL/LCL PFNANG P KELANG lAKARTA. BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA I UK/EUROPE 1 ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS TILBURY ABERDfEN LE HARVE HAMBURG ROTTERDAM ANTWEP
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  • Page 46 Advertisements
    • 840 46 EU FIL CONTAINER SERVICES PTE LTD MADRAS CALCUnA VSL SIN/MADRAS VSL SIN/CALCUTTA SM UAA SN SW CAI SW NEXT miABIE 30/03 05 07/04 13-14/04 NHT AMIABLE 31 01/04 07 U/M 31 01/04 07 09/04 15-16/04 05 06/04 12-15/04 21-22/04 03 04/04 10-12/04 10-11/04 16-20/04 25 26/04 06 07/04 12-14/04 20
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  • Page 47 Advertisements
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  • Page 47 Miscellaneous
    • 473 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 *****400 1500 1600 *****800 1900 2000 2100 2200 2303 JR 2.7 25 20 1.4 09 06 06 0 7 1 1 1.7 2 3 2 7 2 7 26
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  • Page 48 Advertisements
    • 303 48 KYC LINE KYC CARGO SERVICES (S) PTE LTD BOOKINGS: HINDRAN/CALLIE/MEI MING TEL: 225 8555 FAX: 224 4427 LCL AND FCL SERVICES MADRAS 15/4/92 COLOMBO 12/4/92 CALCUTTA 13/4/92 DUBAI 10/4/92 (TRANSIT TO NEPAL) BOMBAY 16/4/92 CHITTAGONG 11/4/92 EXPRESS FORWARDERS (SI PTC LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105
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    • 380 48 Enterprise Management in Business Times every Monday i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/04 Rotter dam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: TRANS ASEAN 15/04 20/04 Hu«ngpu/Gu«no*tK>u CQBCO FULL CONTAINER SERVICES (FCL7FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA
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  • Page 49 Advertisements
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  • Page 50 Advertisements
    • 91 50 Every Saturday Business Times FOR SUCCESSFUL MANAGEMENT OF YOURB^NESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an
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