The Business Times, 6 April 1992

Microfilm: NL18193
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Monday, April 6, 1992 75*
    16 words
  • NEWS SUMMARY
    • Article
      World Bank to lend US$500m to China for grain project
      75 1 BEIJING The World Bank is expected to provide China with US$5OO million (SSB2S million) in loans to develop a national grain distribution network governed by market forces, the China Daily reported yesterday. The loan agreement. the largest single loan ever
      75 words
    • Article
      Air France granted 36pc stake in Sabena
      54 1 BRUSSELS The Belgian government yesterday announced approval of a deal which will give Air France a 36.5 per cent stake in troubled state-owned airline Sabena. Transport Minister Guy Coeme told reporters that, at the request of the government, the deal would allow other
      54 words
    • Article
      Thais dispute finding
      36 1 THAI trade officials have disputed the finding that US service companies are not allowed 100-per-cent ownership in Thailand as published in its 1992 National Trade Estimate of the US Trade Representatives Page 5
      36 words
    • Article
      Green breakthrough
      36 1 NEGOTIATORS preparing for the Rio Earth Summit has reached broad agreement at the United Nations on a novel set of principles that holds a state responsible for polluting beyond its national boundaries Page 6
      36 words
    • Article
      'Work less' drive
      30 1 MINDFUL of unfair advantage allegations by foreign competitors, Japanese car giants Toyota and Honda are taking steps to keep their workers from working too hard Page 1
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    • Article
      Keeping recession at bay
      50 1 OF THE East Asian economies, Singapore will be the hardest hit by faltering growth in the two economic superpowers, Japan and the US. The good news is that the Republic is best-placed in the region to do something about it, says economist-cum-author Richard O'Brien Page 8
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    • Article
      High and low
      31 1 IS IT really necessary to differentiate between high and low forms of music? Why shouldn't Madonna's videos be treated with the same respect as any of Donizetti's potboilers?
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    • Article
      SingaPort target hit
      26 1 SINGAPORE'S premier maritime event, SingaPort '92, met its organisers' targeted attendance figures, attracting more than 6,000 trade visitors. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Arensi to diversify
      35 1 ARENSI Holdings (M). which is to be listed on the Kuala Lumpur Stock Exchange second board, plans to diversify its activities from manufacturing to housing development, and if possible, plantations Page 2
      35 words
    • Article
      Corporate lesson
      39 1 THE Malaysian federal government's takeover of the Sabah Gas Utilisation Programme is a case of yet another corporate restructure completed, another ailing heavy industry rescued and being rehabilitated and, most important, another bitter lesson learned Page 2
      39 words
    • Article
      BHP looks to Asia
      38 1 AUSTRALIA'S Broken Hill Proprietary is not taking the country's recession lying down. It is developing new opportunities for its existing activities, and making expansion in Asia a top priority, a magazine reported Page 3
      38 words
    • Article
      Hyundai unit accused
      38 1 A SOUTH KOREAN bank watchdog has alleged that a subsidiary of the Hyundai business group had diverted bank borrowings to the new political party of Hyundai's founder. The group has denied the charge Page 3
      38 words
    • Article
      More to invest
      43 1 FUNDS that Japanese life insurance companies have for investment are expanding due to the recovery in sales of singlepremium endowment life insurance as well as the decline in the payment of benefits to those policies that have matured Page 4
      43 words
    • Article
      Further downgrading
      30 1 PLUNGING land and stock prices are causing the credit ratings of Japanese banks to fall sharply and there is no relief in sight, according to analysts Page 4
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    • Article, Illustration
      STOCK INDICES
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article, Illustration
    Hong Leong opens US$38m hotel in Xiamen
    474 1  -  Opening conies amid increased tourist, business traffic From Catherine Ong in HONGKONG HONG Leong International has opened a USS3B million (SS63 million) hotel in Xiamen amid a pick-up in tourism and business travel in the Chinese province of Fujian. The Hongkong-based private company
    474 words
  • Article, Illustration
    Indonesian retail giant planning rights issue to fond projects
    594 1  -  From William Chia in JAKARTA INDONESIAN retail giant Hero Supermarket is raising more funds in order to better meet the growing consumer demand in Indonesia. The company, with 42 stores throughout the country, already has 35 billion rupiah cash in hand.
    594 words
  • Article
    Lock icon Taiwan's investment in S-E Asia, China to slow
    308 1 AFP TAIPEI Taiwan's investment in South-east Asia and China is expected to slow in the next few years because of poor investment returns and the global economic slowdown. economic officials said yesterday. "The number of investments in these two regions will continue
    AFP  -  308 words
  • Article
    Lock icon US and China make progress at trade talks
    216 1 AFP BEIJING The United States and China made progress during the latest round of market access talks held in Washington, the People's Daily said yesterday. The two sides "reached identical views" on some issues after reviewing a draft memorandum of understanding on
    AFP  -  216 words
  • Article, Illustration
    Lock icon Thai coalition nominates Suchinda as prime minister
    345 1 Reuter BANGKOK Thailand's pro-military coalition yesterday nominated as prime minister the country's most powerful man, army com-mander-in-chief and supreme commander of the entire military, General Suchinda Krapravoon. The nomination came a day after the junta that had overseen Thai politics since a military
    Reuter  -  345 words
  • Article
    Lock icon Jakarta to cut red tape to draw investors
    146 1 UPI JAKARTA Indonesia plans to cut red tape in an effort to attract more foreign investment for local industry, a government minister said in an interview published on Saturday. The time taken to process applications for foreignfinanced projects would be cut by
    UPI  -  146 words
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      229 1 p MIKIMOTO I lu* Originator of C ultured Pearls Since 1093 Authorial J Retailor KAMPOOLI ILWLI LLUS f>H On luiul ROJJ #01 -07 Plj/j Singjpura K.round I lour) Singapore lel 33b-1381 Aircraft Schedule 21 The Vts 11 Commodities 20 Company News 2.3 Cryptic Crossword 21 Enterprise Mgt 7 Financial News
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      Page 1 Advertisements Column 2
      36 1 Dulux THE BETTER PAINT Naturally enthusiastic they enjoy what they're (tang. No wonder so many people world of comfort sets us a world apart v •<: Ob i I r i Japan Airlines A WOULD Of COMFORT.
      36 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Nam Fatt posts pre-tax of M$20.4m
        92 2 KUALA LUMPUR Higher contributions from its engineering and construction division helped Nam Fatt Bhd to post a pre-tax profit of M 520.4 million (S$ 13.1 million) for the year ended last December. This is higher than the forecast of M 517.9 million in the
        92 words
      • Article
        Kian Joo results improve
        79 2 KUALA LUMPUR Kian Joo Can Factory Bhd's pre-tax earnings for the year ended last December rose 15 per cent to M 533.09 million (5521.24 million) on the back of a 14 per cent rise in turnover to M 5286.7 million. Profit attributable to shareholders increased 10.2
        79 words
      • Article
        DNP proposes rights issue
        80 2 KUALA LUMPUR DNP Holdings Bhd is proposing a one-for-one rights issue to raise M 599.8 million (5564.1 million). The company is seeking to issue 76.8 million new ordinary shares of Msl each at an issue price of M 51.30 per share. Part of the proceeds would
        80 words
      • Article
        Asiatic pre-tax up 50pc
        84 2 KUALA LUMPUR Asiatic Development Bhd has posted a 50 per cent rise in group pre-tax profit, to M 528.98 million (S$ 18.55 million) against the previous year's M$ 19.38 million. This was achieved on a higher turnover of M 5117.5 million, up 13 per cent from
        84 words
      • Article
        Ayer Hitam Planting's windfall
        89 2 KUALA LUMPUR The Ayer Hitam Planting Syndicate Bhd's proposal to sell two plots of land in Selangor will result in an extraordinary gain of Mslls million (5573.8 million). The land will be sold to Bukit Hitam Development Sdn Bhd and the group's joint venture with the
        89 words
      • Article
        Ho Hup pre-tax rises 19.2pc
        70 2 KUALA LUMPUR Ho Hup Construction Company achieved a 19.2 per cent increase in group operating pre-tax profit to M 522.4 million in the year ended last December. The increase was recorded on a 46 per cent increase in turnover to M 5234.8 million. Directors have
        70 words
    • Article
      Lock icon KLSE aspirant Arensi to diversify into housing sector
      319 2 MBT KUALA LUMPUR Arensi Holdings (M) Bhd, which is to be listed on the Kuala Lumpur Stock Exchange's (KLSE) second board, plans to diversify its activities from manufacturing to housing development and, if possible, plantations. "We plan to go into other activities
      MBT  -  319 words
    • Article
      Lock icon Malaysia Airlines expects Hanoi flights to break even in 3 months
      241 2 MBT KUALA LUMPUR Malaysia Airlines expects to break even on its Kuala Lumpur-Hanoi route within the next three months. The twice-weekly service, launched last week, is expected to enjoy a 40 to 50 per cent load factor by the
      MBT  -  241 words
    • Article, Illustration
      Lock icon Malaysia learns a bitter lesson from corporate rehabilitation
      702 2 MARKET MBT KUALA LUMPUR The federal government's takeover of the Sabah Gas Utilisation Programme (SGUP) is a case of yet another corporate restructure completed, another ailing heavy industry rescued and being rehabilitated and, most important, another bitter lesson learned. The cost is
      MBT  -  702 words
    • Article, Illustration
      Lock icon BHP looks to Asia in the face of Aussie recession
      381 3 Steel unit best typifies group's internationalisation move SYDNEY Australia's largest company by turnover, the mining, energy and steel giant Broken Hill Proprietary (BHP), is not taking the country's recession lying down. It is fighting back on two fronts: developing new
      Source: Asian Business Research  -  381 words
    • Article
      Lock icon Daewoo to resume business with North Korea: report
      245 3 Reuter SEOUL South Korea will allow the giant industrial group Daewoo to resume business with North Korea this month, in view of progress on the question of inspection of Pyongyang's nuclear plants, the domestic news agency Yonhap said yesterday. "Although inspection of
      Reuter  -  245 words
    • Article
      Lock icon Hongkong stocks seen drifting on negative sentiment
      492 3 MARKET MMHHMMMMHMMMMHMMMMMHINHHMtM Reuter HONGKONG Hongkong's stock market is seen drifting listlessly this week, weighed down by a cloud of negative sentiment fuelled by local rumours about billionaire Li Ka Shing and uncertainty about the London and Tokyo markets. Last week, the market was
      Reuter  -  492 words
    • Article, Illustration
      Lock icon Hyundai diverted bank borrowings: watchdog
      500 3 Chung Ju Yung's political party the alleged recipient Reuter SEOUL A South Korean bank watchdog alleged on Saturday that a subsidiary of the Hyundai business group had diverted bank borrowings to the new political party of Hyundai founder Chung Ju Yung. The group denied the
      Reuter  -  500 words
    • COMPANY BRIEFS
      • Article
        Call to cool boom on Indian stock markets
        93 3 NEW DELHI The government should act more quickly to put more shares on the market to cool a boom on the country's 19 bourses, Indian Commerce Minister P Chidambaram said. "I think we should quickly disinvest public sector stock and quickly approve
        93 words
      • Article
        MTRC posts HK$67m profit
        90 3 HONGKONG The Mass Transit Railway Corp (MTRC) reported a net profit of HKS67 million (5514.3 million) io 1991, its first net profit achieved without a significant contribution from property development, chairman Hamish Mathers said last Friday. The profit, which compared with a loss of HKSIOB million
        90 words
      • Article
        AOTC to reduce bond issues
        80 3 SYDNEY The Australian and Overseas Telecommunications Corp Ltd (AOTC) plans to cut back bond issues over the next three to five years to improve its financial position. Corporate treasurer Cliff Davis said last Friday that the AOTC, formed on Feb 1 from the merger of
        80 words
      • Article
        Deal reached on baseball team
        83 3 SEATTLE A Japanese-backed investment group said on Friday it has reached an agreement to buy the Seattle Mariners baseball team, but the deal still requires the approval of major league baseball owners, which is far from certain. The investors are backed by Hiroshi Yamauchi, president
        83 words
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      180 2 m i I y\oW W&4 ispt» <y v -v v I>\ I I l«> M'KII l*>*> 2 (SI t I I I SIN(,\IM)KI INDOOK SI I»11 M I IMI S I'M I'KK I M2O. SlOO. SXO. V»0 s4O HO I LINK HOOKINCiS: 34S 5555 FAX: 44(1 67X4 h ,i. .it
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      Page 2 Advertisements Column 2
      258 2 Can you discuss sex with your kids? You're embarrassed or you simply do not know how to approach the subject confidently. Young Parents, together with The Singapore Planned Parenthood Association, have invited two speakers to teach you how to approach the subject of sex confidently. Our speakers are Dr Paul
      258 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      154 3 The new German way to fly: more hospitality to shorten your long journey. Lufthansa. I L L M K Now there's even more for you to look forward to when you fly Lufthansa. From 6 May, you'll have a choice of 9 weekly non-stop flights to Frankfurt. We've completely redesigned
      154 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        HSBC, Citic units set up new finance venture
        80 4 HONGKONG Wayfoong Finance Ltd and Dah Chong Hong Ltd agreed on Friday to form a new joint venture company aimed at the growing automotive finance business. The new joint venture called Way Chong Finance Ltd will provide vehicle hire purchase finance to
        80 words
      • Article
        Easier Thai brokerage policy?
        121 4 BANGKOK The Securities and Exchange Commission (SEC) will consider granting an unlimited number of stock brokering licences of applicants who meet the set requirements, SEC secretary-general Ekamol Kiriwat told The Nation. The more liberal policy on new entry is among the critical measures that will be
        121 words
      • Article
        Mexico tightens money policy
        119 4 MEXICO CITY Mexico has moved to curb the so-called "dollarisation" of its banking system by ordering commercial banks to hold no more than 10 per cent of their total liabilities in foreign currency. Banking sources said the order, which should help shore up the value of
        119 words
      • Article
        Barclays to head committee
        97 4 LONDON Barclays pic is to head a five-strong bank steering committee to study proposals from troubled property group Heron International to restructure £1.3 billion (553.7 billion) of debts. Heron, which announced a £300 million write-down in the value of its investment properties, earlier presented creditors with
        97 words
      • Article
        Peru central bank may sue BCCI
        97 4 LIMA Peru's central bank plans to file a law suit against the Bank of Credit and Commerce International (BCCI) for damages caused by a scandal linked to a bribe paid to two former central bank officials. Manuel Monteagudo, secretarygeneral of the Central Reserve Bank
        97 words
    • Article, Illustration
      Lock icon Big growth in Japanese life insurers' assets likely
      459 4 TOKYO Funds that Japanese life insurance companies (LICs) have for investment are expanding due to the recovery in sales of singjepremium endowment life insurance and the decline in the payment of benefits to those policies that have matured. Although it is not
      Source: Life Insurance Association of Japan  -  459 words
    • Article
      Thailand raises currency concern
      412 4 BANGKOK In an effort to prevent serious losses, the Bank of Thailand is asking all commercial banks to set limits on their foreign exchange dealings. No central directive is given but the commercial banks are being asked to set their own standards of prudence, The Bangkok
      412 words
    • Article
      Lock icon Falling land, stock prices hit Japan's bank credit ratings
      485 4 Reuter TOKYO Plunging land and stock prices are causing the credit ratings of Japanese banks to fall sharply and there is no relief in sight, analysts said yesterday. They said it could take up to 20 years for the banks to
      Reuter  -  485 words
    • Article
      Lock icon UK brokers grudgingly accept decision to allow soft commission
      430 4 Reuter LONDON Stockbrokers who criticised existing rules on soft commissions have grudgingly accepted a decision by UK financial watchdog, the Securities and Investments Board (SIB), to continue to allow their use. SIB said it would not change its rules despite calls
      Reuter  -  430 words
  • Page 4 Advertisements
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      160 4 C=K MM m ONG HONG FOR PEOPLE OF VISION OPTICAL '92 By popular demand, Asia's eye-opening event is back! Organised by Hong Kong Trade Development Council, the leading fair organiser, Hong Kong Optical is expected to attract more buyers than last year's event. Scheduled close to the Tokyo Optical Fair,
      160 words
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      Page 4 Advertisements Column 2
      74 4 CARL A Symbol of Quality e is* t Angel A-5 -1 With an ability to operate smoothly for many years without any breakdowns, the Carl Pencil Sharpener is used by homes, commercial and government offices worldwide. The Carl Pencil Sharpener, a name that s synonymous with durability and reliability. Available
      74 words
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  • THE REGION
    • Article
      Thais deny US finding on investment barriers
      268 5 BANGKOK Thai trade officials have disputed the United States' finding that American service companies are not allowed 100 per cent ownership in Thailand as recently published in its 1992 National Trade Estimate of the US Trade Representatives (USTR), The Nation reported. A senior
      268 words
    • Article
      Lock icon Restructuring of Vietnam hampered by US freeze on world lending
      549 5 AFP HANOI The US refusal to allow International Monetary Fund (IMF) and World Bank loans to Vietnam is severely hampering Vietnam's efforts to restructure its economy, Western and Vietnamese economists say. They described the freeze on international lending as the
      AFP  -  549 words
    • Article
      Bangkok banks on new reforms to lift economy
      477 5 BANGKOK Thailand has plunged into 1992 with an economic strategy aimed at regaining lost momentum. According to Asian Business. the country's technocrats are betting that revamped tax laws, lower interest rates and slashed import duties will pay off in increased exports and
      477 words
    • NOTE BOOK
      • Article
        Row over Sultan's car not political: Anwar
        111 5 PENANG The issue over the Lamborghini Diablo car driven away by the Sultan of Kelantan without paying import duty is not political as claimed by certain people, Finance Minister Datuk Seri Anwar Ibrahim said yesterday. The issue concerned the laws of the country
        111 words
      • Article
        Cambodian assembly convenes
        56 5 PHNOM PENH The government's National Assembly convened yesterday for a two-day session in which changes to the Constitution were due to be adopted. The changes relate to the country's press and communications laws. Other changes involve the appointment of new government ministers, according to the session's working
        56 words
      • Article
        Refugees doubt UN efforts
        85 5 DHAKA The leader of the Myanmar Muslim refugees sheltering in Bangladesh has expressed doubts about prospects for a UN settlement and said his people will return only if the Yangon government guarantees their citizen-* ship. "In 1974 and in 1978 our people went back under a
        85 words
      • Article
        Philippine rebels issue permits
        78 5 MANILA Communist rebels have begun issuing permits for candidates to campaign in guerilla areas in advance of the May 11 general elections. Rebel spokesmen have also threatened to "punish" candidates who fail to obtain the permits. Charlie de Luna, spokesman for the rebel National Democratic Front
        78 words
      • Article
        KL may offer tax incentives
        60 5 KUALA LUMPUR The Malaysian government may consider providing tax incentives for industries engaged in the production of optical lenses and spectacle frames, Deputy Minister of International Trade and Industry Chua Jui Meng said. There was vast potential for the lenses industry and the government wanted
        60 words
      • Article
        Increase in Aussie job ads
        81 5 SYDNEY The Australia and New Zealand Banking Group Ltd said its survey of Australian employment advertisements showed a seasonally adjusted rise of 0.5 per cent in March after a fall of 3.8 per cent in February. "While the monthly rise is only marginal, the number
        81 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      119 5 Putting vou rea tWhen a customer calls with an inquiry, you need to have the right information at your fingertips fast. That's what Unisys imaging products offer your business. Unisys products provide not just quick and accurate retrieval but the annotation and routing of every conceivable type and size of
      119 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        N Korea to ratify N-pact: senior official
        97 6 TOKYO North Korea's Parliament will ratify the international nuclear safeguards accord on Thursday, allowing inspection of Pyongyang's nuclear facilities immediately afterwards, a senior North Korean official was quoted yesterday as saying. "The ratification will be discussed on April 9 at the Supreme People's
        97 words
      • Article
        Call for truth over vote-rigging
        87 6 SEOUL South Korean opposition parties and anti-govern-ment students yesterday dismissed government denials of vote-rigging in last month's general elections. "We will fight until the government reveals the truth," said a spokesman for the country's largest student alliance, Chondaehyop. Last Friday, Defence Minister Choi Sae Chang
        87 words
      • Article
        Opposition to rice imports stays
        100 6 TOKYO The number of Japanese in favour of opening the country's rice market to imports has risen, according to a recent poll, but over half of those surveyed are still against the change. Results from the nationwide poll of almost 2,000 voters at the end
        100 words
      • Article
        Taiwan consumer price index up
        78 6 TAIPEI Taiwan's consumer price index hit 117.73 points in March, up 4.57 per cent from the same month last year but down one-quarter per cent from February, a government agency reported yesterday. The Directorate-General of Budget, Accounting and Statistics said food prices registered the largest
        78 words
      • Article
        Levy to stay as Foreign Minister
        51 6 JERUSALEM Israeli Prime Minister Yitzhak Shamir announced yesterday that his Foreign Minister, David Levy, had withdrawn his resignation. Speaking on state-run radio from his office during the weekly Cabinet meeting, Mr Shamir said an agreement had been reached between the two, but gave no
        51 words
      • Article
        India starts promotion drive
        70 6 NEW DELHI Having emerged from its protectionist cocoon, India is venturing out into the world to market itself with new aggressiveness as a land of opportunity for foreign investors. The hard sell starts on Wednesday in Los Angeles, where Commerce Minister Palaniappan Chidambaram and an accompanying
        70 words
    • Article
      Lock icon UN environment talks see breakthrough on principles
      496 6 Question of who pays for pollution clean-up still unresolved Reuter UNITED NATIONS Negotiators preparing for the Rio Earth Summit reached broad agreement on Saturday on a novel set of principles that holds a state responsible for polluting beyond its national boundaries. The breakthrough
      Reuter  -  496 words
    • Article, Illustration
      Lock icon New high in S Korean visitors to Asean
      305 6  -  Over half arrived through Singapore last year By Hong Lee Tiam SINGAPORE A record number of South Korean tourists visited the six Asean nations last year, and more than half of them arrived through Singapore. The official tourism paper Korea Travel News
      Source: Korean Travel News  -  305 words
    • Article
      Lock icon China officials, investors react quickly to call for reform
      609 6 AP BEIJING From China's hinterlands to its booming, capitalist-influenced southern cities, officials are scrambling to take advantage of the leadership's call for bold economic reform. City and provincial officials nationwide are racing to announce plans for new development zones and offer
      AP  -  609 words
    • Article, Illustration
      Lock icon N Korea needs foes' help to lift economy
      701 6 S Korea and Japan investment vital to plans for revival Reuter TOKYO While North Korean President Kim U Sung is opening his hundreds of 80th birthday presents on April 15, he may ponder the extraordinary irony that only two nations can save
      Reuter  -  701 words
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      240 6 Who Says Singaporeans are Risk-Averse? Many Are Taking Their Chances In Cambodia's Former Killing F o Ths Month Onlv in Will Their Gamble Pay Off Banking, garment manufacturing, hotels... Singaporeans are fearlessly plunging into the Cambodian economy and taking part in its rebuilding. But they face an uneasy peace, primitive
      240 words
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      Page 6 Advertisements Column 2
      81 6 REPUBLIC OF PANAMA U5525,000,000 FLOATING RATE NOTES DUE 1987 (EXTENDABLE AT NOTEHOLDERS OPTION TO 1990 1992) Bondholders are hereby informed that the rate applicable to the Twenty-Fourth period of interest has been fixed at 5.1875% per annum. The coupon No. 24 will be payable on the 30 September 1992 at
      81 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Lock icon Toyota and Honda making headway in reducing work hours
      1511 7 Mindful of unfair advantage allegations by foreign competitors, two Japanese car giants are taking steps to keep workers from working too hard Asahi News Service ICHIRO Kanazawa has puzzled his neighbours by often playing with his seven-year-old daughter on weekdays. "My
      Asahi News Service  -  1,511 words
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  • FOCUS
    • Article, Illustration
      Lock icon Japan sneezes, but S'pore need not catch a cold]
      890 8  -  On a tour of the world's major financial centres, economist and author Richard O'Brien comes up for air in Singapore and shares his thoughts with BT's Economics Correspondent, Kenneth James Kenneth James American Express Bank's chief economist, Richard O'Brien, isn't surprised
      Source: Amex Bank  -  890 words
    • Article
      The end of geography?
      182 8 THE growing integration of markets, in particular financial markets, is a matter that has occupied a lot of Richard O'Brien's attention recently. He has just come out with a book published by the Royal Institute of International Affairs Chatham House, to those in the know titled
      182 words
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      157 8 WHO FLIES TO AND FROM 13 EUROPEAN CITIES 60 TIMES A WEEK? r Every week, regular as clockwork, Thai takes off from Changi bound for Amsterdam, Athens, Brussels, Copenhagen, Frankfurt, London, Madrid, Munich, Paris, Rome, Stockholm, Vienna or Zurich. Take any of these flights, and you'll enjoy the highest THAI.
      157 words
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  • SPORTS
    • Article, Illustration
      Youl victorious
      327 9  -  By Susan Tsang SINGAPORE Unseeded Simon Youl of Australia dominated Paul Haarhuis to win the Epson Singapore Super Tennis tournament 6-4, 6-1 yesterday. In the doubles, Todd Woodbridge and Mark Woodforde defeated the Canadian pair of Grant Connell and Glenn Michibata 6-7 (6-8), 6-2, 6-4 to make it
      327 words
    • Article
      Lock icon Sabatini to battle Martinez for Family Circle title
      288 9 Reuter HILTON HEAD ISLAND. I South Carolina Top seed Gabriela Sabatini was to de- fend her title at the U*****,000 Family Circle Cup tennis tournament late yesterday after rolling past big-serving Brenda Schultz ot the Netherlands. The Argentine world number three played
      Reuter  -  288 words
    • Article
      Lock icon Conner stays in sight of reaching finals
      345 9 America's Cup Reuter SAN DIEGO Dennis Conner strengthened his chances to reach the America's Cup defenders' finals and the challengers' semi-fi-nals tightened up after victories by France and New Zealand on Saturday. Underdog France beat Italy in a race in which the lead
      Reuter  -  345 words
    • Article
      Lock icon Mansell spins after tussle with Senna
      206 9 AFP SAO PAULO Britain's Nigel Mansell spun off the track after a spectacular duel with arch-rival Ayrton Senna on Saturday but still started yesterday's Brazilian Grand Prix in pole position. Mansell was able to walk away from his Williams Renault after it slammed into
      AFP  -  206 words
    • SIDE LINES
      • Article
        Beck's back in the swing in New Orleans
        159 9 NEW ORLEANS Chip Beck found something to be positive about the Saturday after a third-round 74 put him two shots off the pace behind Jeff Maggert in the New Orleans Classic golf tournament. Beck, who led by four strokes at the start
        159 words
      • Article
        Alcott shares lead
        62 9 LAS VEGAS Amy Alcott, just a whisper away from the women's golf Hall of Fame, beat gusting winds and tough greens on Saturday to share the lead in the Las Vegas International women's tournament. Alcott fired a two-under-par 70 to grab a share of the lead on
        62 words
      • Article
        Trevino takes charge
        81 9 SCOTTSDALE, Arizona Lee Trevino, thriving on a Jack Nicklaus-designed course he claims was tailored for Nicklaus' lofty game, took charge of The Tradition on Saturday with a 4-under-par 68. Trevino finished three rounds at 204, a 54-hole record on the 6,864-yard Cochise Course at Desert Mountain, and
        81 words
      • Article
        Oxford wins again
        85 9 LONDON American team president Joe Michels took a rare gamble by choosing the right side of the course but he still captained' Oxford to a 1 1/2-length victory over Cambridge Saturday in the 138 th annual Boat Race on the River Thames. The margin of victory was
        85 words
      • Article
        Hendry beats Parrott
        63 9 GOFFS, Ireland Stephen Hendry gained an important psychological advantage in the build-up to the World Snooker Championship here on Saturday when he beat defending champion John Parrott in the Irish Masters semi-finals. The world number one's 6-4 triumph maintained his excellent record over Parrott this season, but
        63 words
      • Article
        Lewis fails in 200m freestyle
        93 9 CANBERRA World 200 metres freestyle swimming champion Hayley Lewis failed to reach the final in the event at the Olympic selection trials yesterday. She qualified 12th fastest in the heats, giving her no hope of selection for Barcelona in the event that shot her to
        93 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      228 9 j. v I s W-ii .V r i,: v' W *V k~>mm r <tJ?V Sfv.v *<•* -A >•>,*-■ jv W-V- 1 <' > t &-A 4 >. ''X;* jgj f T> y > <* f, 1 t f *i •"*> V <$PS f#.,v ,-•>■; ->'\ v v i I mm
      228 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      754 10 M Nothing Beats ABucK or BUD LIGHT WHERE TO WINE, DINE... 'Oare, royal steamboat feast arrives from Beijing For the first time, savour the choicest cuts of the leanest lamb (or beef), complemented by a variety of II dips. Other Mongolian specialities and a-la-carte also available. r Steamboat set lunch
      754 words
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      Page 10 Advertisements Column 2
      314 10 mm Mf S-t"? (E ?-V., ffk DAILY AT PINE COURT You'll enjoy our delicious selection of authentic Beijing Dian Xln served amidst the splendour of an Imperial Court. May we expect you today? From noon to 2.30 pen. A la carte menu available. 333 Orchard Road. Singapore 0923. Te»: *****11
      314 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      771 10 TELEVISION AND RADIO Blessed childhood OUR CHOICE What the Moon Saw, 1.40pm, SBC 5 A charming 1989 fantasy adventure about a child's coming of age. Steven is a young country boy mesmerised by the places and people he sees when he visits the city for the first time. After watching
      771 words
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  • THE ARTS
    • Article, Illustration
      Ballet, jazz and pizzazz
      568 11  -  Canada's Les Ballets Jazz de Montreal was in town over the weekend. Lisa Lee reviews the opening night performance Lisa Lee THE heat of Saturday afternoon emanated well into the night when Les Ballets Jazz de Montreal blazed through four sizzling numbers for its opening night
      568 words
    • Article, Illustration
      Lock icon High, low, who knows?
      847 11  -  Is it really necessary to differentiate between high and low forms of music? Edward Rothstein addresses a highly controversial issue Edward Rothstein NYT AFTER making the error recently of referring to "the Beatles song Roll Oxer Beethovenl was justly taken to task by readers. I had
      NYT  -  847 words
    • Article
      China in your ears
      509 11  -  Chin Lian Khion checks out a recent batch of mid-price Chinese classical music CDs Chin Lian Khion THERE is something for everyone, from the uninitiated to the connoisseur, in the recent crop of mid-price CDs on Chinese classical music released by Form Music Publication and Hugo
      509 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      243 11 AND ENTERTAIN Prime Rib Of Beef Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. a classic choice for dinner. Dinner time at
      243 words
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      Page 11 Advertisements Column 2
      159 11 V fteeWNrt 1 0\ Bioiseo I Voo Vout A very healthy proposition we must soy Just goes to show what we are willing to do to get you off mono-sodium glutanate (MSG) A stand we took in support of the National Health Campaign And that's why we are having a
      159 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      All eyes on Tokyo after bearish week for market
      852 12  -  By S N Vasuki THREE bearish factors poor corporate results, an uncertain domestic economic outlook, and an extremely shaky Tokyo stock market contributed to a 52-point decline in the Straits Times Industrials Index last week and had analysts and stockbrokers worried
      852 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    138 13 rArun Ml shares quoted have a pai value of $1 and traded in lots ot t.OOO states P/E rat» Reflect last annual consnWated results foteifn shares pEs are adjusted m iTm-s'sM ad„sled to. tfkma, S£|S .the. thah that above, .as hot ...la** trustee stocls under
    138 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      147 13 Shine YOUR KEY" TO BETTERBUSINESS DECISIONS! SPH SHINE COMPANY RESEARCH Shine is Singapore Press Holding?' inforich database on Teleview, which incidentally is the most advanced videotext system in the world. And SPH Shine Company Research is a high valueadded package comprising useful and pertinent business information on over 300 companies.
      147 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    66 14 i rerun uo,ed tave a vjh ol Jl and ,raded Ws 1000 tach p/t ,at, Reftect amu consoWa,e<) resJts fo,e < n P/Es e Jd,us,ed currency Information or Nasdaq stocks, other than that given above was not avadable ftustee stocte under CPf Approved Investments Scheme,
    66 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      130 14 'k NOWOR! Ifyou don't already know, the buzz wordin high-tech electronic advertising today is Shine. Shine is Singapore Press Holdings' inforich database on Teleview which incidentally is the most advanced videotext system in the world Shine contains over 30,000 screens of well-designed and packaged information on business, lifestyle, education and
      130 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strength of KL economy likely to drive shares up
      497 15 MBT THE stock market held up quite well despite the Nikkei's plunge of more than 760 points to touch 18,581.79, a five-year low, on Wednesday. It was a short four-and-a-half-day week due to the half-day trading last Friday in view of
      MBT  -  497 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      27 16 Forecast figures are contributed by Baring Securities. Crosby Securities. DBS Securities. GK Goh Securities. Hoare Govett Securities and Kay Hian James Capel. EPS are annualised.
      27 words
    • Article
      OTHER RESULTS DUE
      63 16 Net Profit represents consoWated earrings after prowsnn for deprecatcn,Merest charges nwwity interests; I: Interim; F: Final; (a): In ntfton yen; (b): In Australian Mm*, (c): mtton guilders; (d) hi HKlm; (e) In USJm; (f) Period of 16 nrths EPS annuatoed; (g) Period of 9 mtts 4EPS annuaksed;
      63 words
    • Article
      AUDITED RESULTS
      2 16
      2 words
    • Article
      PRELIMINARY RESULTS
      2 16
      2 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      13 16 footnotes Deemed Interest 5 Enlarged share capital na Not Available
      13 words
    • Article
      DIVIDENDS ANNOUNCED
      117 16 Al shares quoted have a par value of J1 unless otherwe specified. NYA Not Ava<abte Kit Interest I Intenm. N Net TE Tai Exen*t S (a) (b) First and Final (c) Includes 4* special dividend, (d) Includes 6% special diwdemt (e) Income Distributor, (f) Includes 3* bonus ckvrtend.
      117 words
    • Article
      CORPORATE DEVELOPMENTS
      190 16 Mar 30 The Sembawanf 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 HoWngs has announced a voluntary takeover otter tor Federal Cables, Wires Manufacturing. Mar 24
      190 words
    • Article
      APPROVED ISSUES
      2 16
      2 words
    • Article
      INTERIM RESULTS
      123 16 Figures in brackets are for the previous corresponding period I: Loss. IE: Tax Exempted N: Net NY*: Not Yet Available, (a): Miusted for scrip issues, (b): In million Dutch Florins, (c): Profit after tax, (d): In million HK$. Company s proht. (f): In million yen. Profit after U«
      123 words
    • Article
      PROPOSED ISSUES
      2 16
      2 words
    • Article
      COMPANY MEETINGS
      75 16 United Overseas Bank Ltd: EGM at the Board Room. 30th Storey. UOB Building. 1 Bonham Street, Raffles Place. Singapore 0104. on Friday. Apr 10, at 3pm Carisberj Brewery Malaysia Bhd: 22nd AGM at No 55, Persiaran Selangor, Section 15. ***** Shah Alam, Selangor, on Monday, Apr 13. at
      75 words
    • Article
      RECORD HIGHS & LOWS
      3 16 RECORD HIGHS LOWS
      3 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      67 16 Above art phot trend* M t*e wmWt major rtacfc. —rfcrta a* catenated by u« Caattal International Perapectlve, Geneva. Indicae Marled wtth a an taken few a bate el 1M at the hf—*■! of IMS. The other Mica* art taken treni a baaa el lit at
      67 words
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  • MARKET REVIEWS
    • Article
      Lock icon Stocks plunge to five-year low despite rate cut and govt moves
      544 17 AFP SHARE PRICES on the Tokyo Stock Exchange tumbled to a five-year low last week in spite of a discount rate cut and the government announcing a pump-priming package. The market's key indicator, the Nikkei Stock Average of 225
      AFP  -  544 words
    • Article
      Lock icon Dull results cloud sunny forecasts
      669 17 FT NEW YORK THE first quarter is over, the United States economy is showing signs of life, but Wall Street is getting the jitters. Yet just two to three weeks ago. the economic picture was looking rosier. Evidence of an economic recovery could be found
      FT  -  669 words
    • Article
      Lock icon Share prices slip 1.8pc over week
      190 17 AFP HONGKONG SHARE PRICES fell last week, with the key Hang Seng Index closing 1.8 per cent down from the previous Friday. The market's main blue-chip indicator finished at 4,916.70, down 90.88 points from a week earlier, amid an apparent power struggle in Beijing
      AFP  -  190 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SEOUL
        134 17 SHARE PRICES finished lower on Saturday amid expectation of continued tight money supply and rumours that some listed firms were on the verge of bankruptcy. The broad-based Composite Price Index closed Saturday's half-day session at 589.8, down 12.8 points or 2 per cent in value from the previous week.
        134 words
      • Article
        TAIPEI
        279 17 SHARE PRICES on the Taiwan Stock Exchange remained in the doldrums during the holiday-shortened week while investors kept an eye on the issues of three commercial banks. Following a negligible 0.83-point decline, the 273issue Weighted Price Index plummeted 83.39 points or 1.7 per cent to finish at 4,733.96 points
        279 words
      • Article
        MANILA
        146 17 THE Philippine stock market posted a slight recovery last week due to the offering of 10 per cent of the stock of the govcrnment<ontrollcd Philippine National Bank (PNB) on Wednesday, bourse spokesmen said here on Friday. The Composite Index at the Manila Stock Exchange rose 2.3 per cent to
        146 words
      • Article
        JAKARTA
        209 17 SHARE PRICES finished mixed at the Jakarta Stock Exchange (JSE) amid weak trading around the end of the Muslim fasting month, keeping the market index at around the 280 mark. Average daily volume during the four business days Friday being closed for the end of Ramadan barely rose above
        209 words
      • Article
        BOMBAY
        148 17 DESPITE the forced closure of India's biggest stock exchange on Wednesday in an attempt to cool the market, the Indian share buying spree continued for the better part of last week. The Bombay Stock Exchange (BSE) sensitivity index touched an all-time high of 4387.8 points on Thursday, before settling
        148 words
    • Article
      Market dancing to every election rumour
      917 17  -  PLONDON By Ray Heath THE REHEARSAL is nearly over. This week sees the real thing. On Thursday, the UK electorate goes to the polls to choose a government. Will it be the old? Returned to power for an unprecedented fourth term? Or will it
      917 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      249 17 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4,1992 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      249 words
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  • WORLD STOCK MARKETS
    • US stocks end mixed on concern over profits
      • Article, Illustration
        NEW YORK
        381 18 STOCKS closed mixed in choppy trading last Friday as a weaker-than-expec-ted employment report heightened investors' concern over the outlook for improved first-quarter earnings. The Dow Jones Industrial Average, which gave back 15.21 points a day earlier, rebounded 14.99 points to 3,249.11. Market-watchers said the key barometer was helped
        381 words
      • Article, Illustration
        LONOON
        259 18 WORRIES about the general election dominated trading last Friday, with share prices falling as opinion polls pointed to a hung Parliament in which the opposition Labour Party would have the most seats. The blue-chip FTSE-100 Index, which slipped 3.2 points a day earlier, slipped 22.7 points to close at
        259 words
      • Article
        AMSTERDAM
        91 18 SHARES closed mixed in a dull market which lacked any fresh trading incentives last Friday. A weaker US dollar weighed on blue chips but the market managed to shrug off London losses for the most part, traders said. "The Dutch market is holding out rather well despite the UK's
        91 words
      • Article
        PARIS
        104 18 SHARES ended last Friday just about where they started as the market shrugged off its early concerns about the naming of Michel Sapin as Finance Minister. Traders said talk of Prime Minister Pierre Beregovoy and his Cabinet had died down since the morning, with the market largely convinced that
        104 words
      • Article
        MILAN
        94 18 VERY THIN TRADING limited to po-sition-squaring ahead of the weekend's Italian general election depressed shares at the opening last Friday, putting paid to the market's flimsy three-day rally. Brokers said investors had chosen to cut and run ahead of the April 5-6 vote, preferring to take profits on recent
        94 words
      • Article
        FRANKFURT
        216 18 SHARES ended a quiet session steady last Friday with a slightly lower bias as investors closed positions ahead ot weekend elections in two states. The 30-share DAX Index ended 2.03 points down at 1,719.63. It had hit a high of 1,725.48 early in the session. "No one wants to
        216 words
      • Article
        ZURICH
        118 18 SHARES closed a moderately active session slightly easier last Friday. Dealers said profit-taking ahead of the weekend and persistently high interest rates dampened activity. Trading in Roche drew most attention after the pharmaceutical group announced an unexpectedly strong 56 per cent rise of 1991 group profit to 1.48 billion
        118 words
      • Article
        STOCKHOLM
        104 18 PRICES on the stock exchange closed sharply lower last Friday after Swedish money market rates soared, affected by a steep rise on the Finnish credit market. The bourse general index fell 1.24 per cent to 970.22 points and has declined a total of 2.5 per cent in the last
        104 words
      • Article
        BRUSSELS
        217 18 A LACK of buyers pushed shares to a lower close in dull trading last Friday, with the market mainly focusing on retailers. "This is the kind of market where it's better to stay at the sidelines," one trader said. The Bel-20 Index of leading shares closed down 4.47 points
        217 words
      • Article
        TORONTO
        308 18 STOCKS languished at lower levels to end moderately weaker last Friday, in spite of an upturn on Wall Street, dealers said. Canada's ongoing constitutional debate and fears that Quebec might separate were keeping many players on the sidelines, they added. "There's no reason to buy Canada until there's a
        308 words
      • Article
        INDICES & TURNOVER
        79 18 INDICES TURNOVER NEW YORK Close Previous Apr 3 Dow Jones SAP 500 Turnover (million) 3.249.11 401.55 202.0 3.234.12 +14.99 400 50 +1.05 185.4 +16.6 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.851.4 2.382.7 476.4 1.866.6 2.405.4 607.0 -15.2 -22.7 -130.6 FRANKFURT DAX Index 1.***** 1.721.66 -2.03 AMSTERDAM EOE Index
        79 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US$ lower with disappointing news
      406 19 NEW YORK Reuter NEW YORK The dollar ended at its lowest level against the mark in seven weeks on disappointing news about the US economy last Friday. Dealers said the dollar was hit from two directions because jitters in Europe about an economic crisis in
      Reuter  -  406 words
    • Article
      Asian currencies mixed against US$
      775 19 ASIAN CURRENCIES HONGKONG Asian currencies finished the past week mixed against the US dollar, although gainers outstripped losers. After a midweek interest rate cut, the Japanese yen rose, along with the Australian, Singapore, Taiwan, Malaysian and Thai units. Heading downwards were the Hongkong and New
      775 words
    • Article
      INTERBANK FOREX RATES
      44 19 Source: UOB Source: Astley Pearce OCBC Exchange Rate Index Apr 3 The OCBC trade-weighted index for the Singapore dollar was down 0.12 per cent to 136.71. The index is calculated against the currencies of Singapore's top 12 trading partners. Source: OCBC
      44 words
    • Article
      MONEY MARKET
      39 19 Rates quoted by Astley Pearce Rates quoted by NatWest Note Based on latest issues Source: The Monetary Authority of Singapore cntral bank discount rates Average of 12 banks. Float Source: National Westminster Bank Source: National Westminster Bank
      39 words
    • Article
      Lock icon Portugal's escudo joins EC's currency club
      484 19 Decision after hours of arduous negotiations Reuter BRUSSELS Portugal's escudo joined the European Community's currency club on Saturday night but not at the exchange rate it wanted. EC officials said Britain and some other Community countries, anxious about possible strains on their own currencies,
      Reuter  -  484 words
    • Article, Illustration
      Lock icon The resurrection of junk bonds
      826 19 Investors finding high yields irresistible again The Economist NEW YORK Where should American investors turn if they are, probably rightly, worried that New York's share look expensive? One answer is that many are renewing their former interest in corporate debt. Corporate treasurers, who do not
      The Economist; Source: IDO  -  826 words
    • Article
      PRIME LENDING RATES
      9 19 Source: Association of Banks in Singapore
      9 words
    • Article
      FINANCIAL FUTURES
      2 19
      2 words
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  • COMMODITIES
    • Article
      Lock icon Oil prices up with tension between Libya, UN
      309 20 Reuter NEW YORK Rising tensions between Libya and the UN Security Council set the stage for a rally in oil prices that gathered speed on technical factors. "Fears about Libya, less Opec production and cold weather lit a match to a market
      Reuter  -  309 words
    • Article
      Lock icon Sales of Aussie wool to region offset fall in Japan
      379 20 AFP SYDNEY The loss of Australian exports to Japan's declining wool-processing industry has been partly offset by growth in South-east Asia, a new study suggests. The study, by the Australian Bureau of Agricultural and Resource Economics (Abare), shows that Japanese
      AFP  -  379 words
    • Article
      Mideast fears prop up crude oil prices
      870 20 REPORTS LONDON Fears of worsening tensions in the Middle East, after the UN decided to impose sanctions against Libya, supported crude oil prices last week. Libya is the sixth-largest Opec producer, with output estimated at 1.55 million barrels per day. Platinum and silver
      870 words
  • Article
    PRICES
    5 20 Source: UOB Source: Telerate
    5 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      399 20 BUSINESS TIMES Toll tree Tel No 737 0043 -Fax No: 734 3688 IN THE MATTERS OF THE COMPANIES ACT (CHAPTER SO) AND M THE MATTER OF LILIUM TRADING PTE LTD (hcocporated In the Republic of Singapore) I h Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP NOTCH IS HEREBY GIVEN pursuant to
      399 words
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      Page 20 Advertisements Column 2
      6 20 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    646 21 City FNgM ETA Flight ETD Afca Mutt GA89' I 0015 AMaMa SQ228 2040 SQ22 lUNM RJ182 1440 RJ183 2320 Aawtartfaai SQ23 0700 GA89 KL841 1400 KL84; 2 0015 2325 1.■■ '1 SQ36 2230 Aacfclaad NZ25 1530 HZ28 SQ288 2035 BA12 2155 1645 totorSiri BI421 1105 SQ182
    646 words
  • THE TRAVEL PAGE
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      46 21 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 withy our travel agent or call *****77 for more details. 7/VA//7//7 Wo Know Europe from ftarl to Famish.
      46 words
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      Page 21 Advertisements Column 2
      32 21 Where to go for our magazines For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749 2577
      32 words
    • Advertisement
      Page 21 Advertisements Column 3
      115 21 Restaurant Owners, ARE YOU HUNGRY FOR MORE BUSINESS? 'S c a (M n Let us serve you through Lunch Guide, a weekly Monday food feature of The New Paper Fastads. It's a fast and cost-effective way for you to whet our readers' appetites. Place your orders now. Call 740-2213. Advertisement
      115 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      80 21 commendation (8) I leave do-it-yourself to Mr Fowler in France (8) Coarse, unfeeling complaint (6,4) Second job profile (8) Look into jailbreak cooked up in Vienna (8) See great changes in overseas accommodation (8) Vouch for Anglo-French corporation (6) Sectarian sanctimonious in times gone by (6) A black eye for
      80 words
    • Miscellaneous
      Page 21 Miscellaneous Column 2
      14 21 WEATHER Singapore Outlook: Showers over several areas in the late morning and early afternoon.
      14 words
    • Miscellaneous
      Page 21 Miscellaneous Column 3
      38 21 BriStcW: PiaaitliLcfceng ceMwNuy C ASSOCIATED NEWSPAPERS LTD.. IW2-IWJ pn-iwG... HRVG K su^eci p&U Otf'T OS fcvtvSU VA\-> C PAH AFN/qo SFW VJ C c S n C: ■tw ukc is tv*S f-pOTCJR O*ci WB&Hf'S'y RR»L N "WC VAO-JC
      38 words
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  • Article
    Lock icon UN team sees depression for former Soviet bloc
    566 22 Report says West has provided little genuine aid Reuter GENEVA United Nations economists yesterday forecast plunging output and soaring unemployment for 1992 in the former Soviet bloc and warned that the depression was destroying popular faith in market reforms. At the same
    Reuter  -  566 words
  • Article
    Lock icon Russia officially launches privatisation
    364 22 Reuter NIZHNY NOVOGOROD, Russia Russia has officially launched its privatisation programme, a key part of its ambitious plans to introduce a market economy, by auctioning some state-owned shops. Hundreds of people crammed into a conference centre in the 12th-century Russian city of Nizhny Novogorod, 500 km
    Reuter  -  364 words
  • Article
    Lock icon Taipei is 9th most expensive city to live in: report
    272 22 AFP TAIPEI Excluding rents, Taipei is the ninth most expensive area in the world to live in, and the second dearest in Asia, a report by the Union Bank of Switzerland showed yesterday. According to the report, consumer prices in
    AFP  -  272 words
  • Article, Illustration
    Lock icon Polls show Conservatives trailing Labour
    334 22 Reuter LONDON Prime Minister John Major's grip on power looked increasingly shaky yesterday, four days before Britain's general election. The latest opinion polls said Mr Major and his Conservative Party, campaigning for a fourth consecutive term of office amid the country's most serious recession since
    Reuter  -  334 words
  • Article
    Lock icon Italians vote as Mafia strikes again
    270 22 Reuter ROME Italians began voting yesterday in a general election which many predict will change the country's political landscape in the most dramatic fashion since World War 11. The big question was whether the current coalition of Christian Democrats, Socialists, Social Democrats and Liberals
    Reuter  -  270 words
  • Article, Illustration
    Lock icon Hardliner comes out in favour of China's reform
    384 22 Reuter BEIJING Peng Zhen. a veteran hardliner and one of the tiny band of old men who control China, yesterday came out publicly to support the economic reform policies of paramount leader Deng Xiaoping. Mr Peng's stand was a sign that Mr
    Reuter  -  384 words
  • Article
    Lock icon M'sia forms task force to counter anti-logging campaign
    312 22 Bernama KUALA LUMPUR A task force to counter untruths spread by world environmentalists using logging to damage Malaysia's reputation will start work in July. Primary Industries Minister Datuk Sen Dr Lim Keng Yaik said the task force, to be financed by the
    Bernama  -  312 words
  • Article
    Lock icon Kuala Lumpur meeting to decide on country's stand at Earth Summit
    201 22 Bernama KUALA LUMPUR Malaysia will decide whether to play a role or to contribute something to make the Earth Summit in Rio de Janeiro a success, during the meeting on environment and development here later this month. Science, Technology
    Bernama  -  201 words
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  • Shipping Times
    • Article
      Exhibitors, visitors give mixed feedback on show
      615 23  -  SINGAPORT '92 By Tan Hua Joo SINGAPORE Singapore's premier maritime event, SingaPort '92, met its organisers' targetted attendance figures, attracting over 6,000 trade visitors in the recently concluded event. While many exhibitors were disappointed with the cool response on the opening day of
      615 words
    • Article
      Lock icon EC fines shippers for illegal cartel
      272 23 Reuter BRUSSELS The European Commission fined France's top shipping group, Groupe Bollore PA, 15 million ECU for operating an illegal cartel to corner the cargo business between Europe and 11 African states. It also fined 13 other European shipping firms over 300.000 ECU for
      Reuter  -  272 words
    • Article
      Lock icon Philippine air traffic resumes partially
      276 23 AFP MANILA Limited air traffic resumed in the Philippines yesterday as a skeleton force struggled to ease a backlog of flights that stranded thousands of commuters after a nationwide strike by controllers, officials said. Transportation Secretary Pete Nicomedes Prado appealed to neighbouring countries to send
      AFP  -  276 words
    • Article
      Australian tourism body joins Abacus data system
      331 23  -  New South Wales chalks up a first By Rahita Elias SINGAPORE Australia's New South Wales Tourism Commission has become the first national tourist body to take part in Abacus' new data retrieval system services. Any national tourism body taking part in the new
      331 words
    • Article
      Lock icon Norway proposes further Troll oilfield development
      257 23 Reuter OSLO Norway's Labour government proposed developing parts of the Troll West oilfield, the so-called phase two project of Troll. It also gave the go-ahead for developing Froey, an oilfield situated in the Frigg area. "Investment costs connected to development of the oil province
      Reuter  -  257 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Philippine mayor to see to Subic base conversion
        85 24 MANILA Philippine President Corazon Aquino on Friday appointed the mayor of Olongapo as head of a government agency charged with converting Subic Bay naval base into a commercial shipyard. Mayor Richard Gordon was named chairman and chief executive of the Subic Authority,
        85 words
      • Article
        Philippine ship leaves Cherbourg
        69 24 LONDON The Philippine-flag freighter Arabian Express left Cherbourg, France, on Thursday night after engine repairs, Lloyd's Shipping Intelligence Service said. Lloyd s said the 17,089-dwt vessel's departure had been delayed while a guarantee was arranged for a tug company involved in towing it to Cherbourg. The
        69 words
      • Article
        Bomb scare at Trieste port
        77 24 TRIESTE The Adriatic port of Trieste was partially closed on Friday after a bomb alert on a Turkish freighter, harbour authorities said. Shortly after the Kaplan Burhanettim Isim left Trieste on Thursday night, an anonymous telephone call was received in Istanbul warning of a bomb
        77 words
      • Article
        Morrison, Cat in engine pact
        88 24 CHICAGO Morrison Knudsen Corp and Caterpillar Inc said last week that they had signed an agreement »n /which Caterpillar will supply state-of-the-art engines for use in railroad locomotives manufactured by Morrison. The agreement calls for the use of three sizes of Caterpillar engines in Morrison
        88 words
      • Article
        Sydney aircraft refuellers strike
        88 24 SYDNEY A 24-hour strike by aircraft refuellers at Sydney's international airport on Friday forced the cancellation of 17 flights and caused widespread delays to others, an airport spokeswoman said. "We have eight inbound flights cancelled and nine outbound flights cancelled, the spokeswoman told reporters. A Qantas
        88 words
      • Article
        Swissair posts 47m Sfr profit
        68 24 ZURICH Swissair said on Wednesday that it made a net profit in 1991 of 47.6 million Swiss francs (5552.6 million), up 43 million francs from the figure in 1990. The company said that it was now able to pay a dividend of 20 francs per
        68 words
    • Article, Illustration
      Lock icon Stalemate between US, France
      931 24  -  The dispute over the seating capacity of American airlines flying to France threatens to disrupt severely air travel between the two countries, reports John Cushman John Cushman NYT JUST AS the summer season for trans-Atlantic travel begins, a dispute between the United States and France over
      NYT  -  931 words
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      COCKETT BUNKER MARKET REPORT
      441 24 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
      441 words
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      THE SHIPPING GUIDE
      13823 32 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,823 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULE
        2 39
        2 words
      • Article
        AT CONVENTIONAL WHARVES
        668 39 IYTI IVFRY OF FCL IMPORT CONTAINERS IN PROGRESS Stap Voy No Cent amen J*aiabte $N> Voy No Contaiwn ivaiabfe B Geiang Anson Huataihe K Jespersen Normande Br Sea Ranger Hj Bremen Kota Suria 14E *****N 38W 18MF92 18W N004 002W KSR212 04 04 92 04 04.92 04
        668 words
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      TRANSPORT DIARY
      977 40 Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Serv ices Limited at I he 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
      977 words
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      DAILY FREIGHTS
      796 40 FREIGHT market operators again took little notice of major US credit decisions regarding the former USSR, which were announced on Wednesday, brokers said on Thursday. Most freight rates weakened on oversupply as the Baltic Freight Index fell three points to 1.176. Atlantic single voyage grain freights edged up
      796 words
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      Lock icon Garuda against open skies policy for Indonesia
      491 42 Jakarta Post DENPASAR, Bali National /lag carrier Garuda Indonesia objects to any plan to declare an open skies policy over Indonesia. "Hoteliers, restaurant owners, tour operators and other tourism-related businesses in Bali should gather to discuss the current business slump. Garuda is willing
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      Lock icon US seizes ship that broke trade embargo on Haiti
      313 42 AP SAN JUAN, Puerto Rico US customs agents, seizing a tanker that broke a hemispheric trade embargo on Haiti, said last Friday they were pursuing criminal charges against a ring that diverted shipments there. The seizure of the Belizeregistered tanker was
      AP  -  313 words
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      Lock icon S Africa to speed up delivery of grain to drought-hit neighbours
      262 42 AFP HARARE South African railroad authorities said 7,000 of their wagons would be available to speed up the delivery of millions of tonnes of imported grain urgently needed in drought-hit Zimbabwe, Zambia and Malawi, officials said last Saturday. Deliveries
      AFP  -  262 words
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      Lock icon Thomson's bid for LTV raises political concern
      411 42 AP NEW YORK A US$4OO million (***** million) bid by a French-led group for the missile and aerospace divisions of LTV Corp has touched a political nerve in Washington. Congressmen, labour leaders and some defence analysts want the bid blocked, arguing it would
      AP  -  411 words
    • Article
      Lock icon No second Seawolf submarine will be built: Pentagon
      504 42 UPI WASHINGTON The Pentagon denied last Thursday that its recent decision to proceed with construction of additional major components for the Navy's Seawolf submarine signalled any intention to buy more than one of the advanced attack boats. "There should be no confusion
      UPI  -  504 words
    • Article, Illustration
      Lock icon Chief of Sagawa truck firm to be called to testify
      431 42 Reuter TOKYO Parliament has decided to summon the head of a big trucking firm involved in a growing political payoff scandal as a witness, parliamentary officials said last Friday. Testimony by Kiyoshi Sagawa. chairman of the Sagawa Kvubin group. Japan's
      Reuter  -  431 words
  • Page 23 Advertisements
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      25 23 Lines and services represented by, Member* ef the Registry ef Accredited Shipping Agents, Singapore Natlenal Shipping AssedatJen. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      Page 23 Advertisements Column 2
      99 23 onager* ust ianage^l BT shows you how every Monday. U-r- w. 5 /r < v |v<r v.\". .t» y-.?';V ""JV' SOME OF OUR TOP TALENTS ARE OVERSEAS BRING THEM HOME. The local pool is limited. So look overseas where some of our top talents are completing tertiary studies, or are
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      Page 23 Advertisements Column 3
      30 23 CONTENTS Cocfcett Report 2 Container Schedule 17 Daily Frwghts 18 Indei 1 Shipping Guide 10,11 Ships m Port 17 Singapore Tides 17 Transport ftary 18 Weather and Sea Conditions 17
      30 words
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      90 24 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS rjXO j 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 occasional
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      1617 25 m Dedicated to Quality Service OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL: *****18 220 PESAKA JARDINE SHIPPING AGENCIES SON. BHD. PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 IPOH TEL: *****3/4 FAX: *****6
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      Page 25 Advertisements Column 2
      256 25 Read Chartpoint, a guide to investing in the Stock Market. Every Saturday in Business Times UNITED ARAB SHIPPING CO (SAG) TO US EAST COAST VESSEL/VOY SIN NYC BAL ORF m n 4/4 24/4 4/5 24/5 IV) 2/4 w* 1/1 12/7 4/4 M/i 4/7 14/7 14/5 V 4 IV4 4/7 IV7
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      Page 25 Advertisements Column 3
      535 25 MAERSK LINE NEXT SAILINGS TO USA AXEL MAERSK V.9206 ETA SIN 13/4/92 MADISON EXPRESS V.9204E ETA SIN 14/4/92 Voy Feeder by This week Maieslic Maersk 9204 CV 7/4 0800 HRS CFS 6/4 2359 HRS Port Kelang Penang OAK I LGB I HOU MEM ATL DESTINATIONS To California US Gulf US
      535 words
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      1114 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT DANUBE LUDWIGSHAFEN EXPRESS MONTE ROSA ELBE KAMAKURA KITANO TOKIO EXPRESS LEVERKUSEN EXPRESS KATSURAGI THAMES LA SEINE HOECHSTEXPRESS HAMBURG EXPRESS VOY NO 01/114 01/314 18/115 10/315 22/116 13/316 05/117 06/317 11/118 11/318 24/119 03/319 08/120 SPORE 9/4 12/4 16/4 19/4 23/4 26/4 30/4 3/5 7/5 10/5
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      696 26 csav F Compama SudAmcricana Compania SudAmericana de Vapores SA Chilean Line E»t 1872 SEASPAC SERVICE CONTAINERS U BREAKBULK niRFCT SOUTH PACIFIC SERVICE L J BONTANG 3507E8 A VSL Transit Tim« SIN 27-29/4 27'5 NCXJ 10/5 7/6 (13) SUV PPT 12/S 17/S 10/6 14/6 <16> (22) AISO ACCIPtING CARGO VIA SUVA
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      780 26 o REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE FEL LHA INI ANO PORTS. VALENCIA VIA ALGERCRAS WESTBOUND TO MEDITERRANEAN VIA VALETTA (MALTA) 03/05 04/0* 08/05 09/05 20/05 21/05 27/05 28/05 30/05 31/05 COPENHAGEN. GOTHENBURG) AND OTHER EUROPEAN ALSO ACCEPTING CARGO TO VALETTA (MALTA). EASTBOUND TO FAR EAST Koe 15/05
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      1503 27 STRAITS SHIPPING PTE LTD 15 Ho« Chiang Road #09-01 San ford Building Singapore 0208 Tel: *****88 Fan: *****17 SERVICE TO SABAH SARAWAK BRUNEI RAJAH BROOKE STRAITS STAR STUNTS VENTURE RAJAH BROOKE STRAITS HOPE STRUTS VENTURE STRAITS STAR VOSE Muara. Lib. KK VO3E Skin. Taw VO9E Muwa. lib. KK VO9E Mumi.
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      Page 27 Advertisements Column 2
      1707 27 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building, Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT TO UK CONTINENT JEDDAH yillfi LARS MAERSK ARNOLD MAERSK NEWPORT BAY LEOA MAERSK PENINSULAR
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      374 28 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE va/voy SRIWtJAYA 34W8 AUTAI/25H8 SPORE 26/4 25/5 ROAM/AOAM H'BUW BREMEN AH TWERP 29/5 28/6 3/6 3/7 7/6 7/7 10/6 10/7 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO »übt«ct to Inducement. AJ«o accepting cargo to Caoablanca, Port
      374 words
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      Page 28 Advertisements Column 2
      806 28 OHANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE) FM VSL HANJM SINGAPORE 00* HANJM LEHAVRE 017 C HANJM OAKLAND 0171 HANJM LOWGBEACH 0371 HANJIN ROTTERDAM 01K HANJIN KAOHSIUNG 00# Also accepting Reeter OjKfllop Flatrach etc to San Francisco «a Oakland All USA Wand points. USEC
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      Page 28 Advertisements Column 3
      1132 28 PHI SGP >SC IDG U6 PUS WT OS* N6T SOU TTO IU CMS 6AL «TC U« AH* MM T» 7/4 |/4 13/4 15/4 17/4 21/4 21/4 23/4 24/4 25/4 27/4 1/5 20/S 22/5 21/5 2/1 3/4 4/4 Vt 15/4 IS/4 22/4 21/4 24/4 27/4 21/4 30/4 1/5 2/5 4/5 15/5
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      Page 29 Advertisements Column 1
      1573 29 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) NEPTUNELINK TEL *****00 (TOLL-FREE) *****82 DOCUMENTATION DEPT -.*****44/*****14 *****31 TERMINAL OFFICE *****22 *****89 IMPORT CFS MB2 *****69/*****96 *****32 EXPORT CFS MB2 *****53/*****50 BOOKINGS: (TOLL FREE) USA SERVICE FAR EAST SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE NEPLINE SDN BHD MALAYSIA K L
      1,573 words
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      Page 29 Advertisements Column 2
      513 29 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) BALT-ORIENT LINE/ < AXAI,A FULL CONTAINERSHIP SERVICES VIA ROTTERDAM FOR DISCHARGE ONLY
      513 words
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      Page 30 Advertisements Column 1
      1377 30 "8" K 44 K LINE KAWASAKI KISEN KAISHA, LTD AS AGENTS: KAWASAKI SINGAPORE I PTE) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: MALAYSIA "K* LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76. *****77.
      1,377 words
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      Page 30 Advertisements Column 2
      902 30 PHILI-OnitNT LIN€S PT€ LTD \l\ 1 no D«hincnn Rnartnn7-OOGMG Buildina Singapore 0106 4JjK w 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22/*****69/*****00Telex: R*****0FAX:*****76 *****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARPERSASSOCIATION AUSTRAL 'A/MEW ZEALAMD/SOUTM PACIFIC FCtACL^mwkVMM, 16 APR SYDNEY.
      902 words
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      Page 31 Advertisements Column 1
      1556 31 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106 Tel: *****33 OR NO. *****6fOOOQEL REGIONAL CONTAINER SERVICES (JAKARTA Z3 (BANGKOK VESSEL EQUATOR CRVS KOTA SURIA ESTEBRUGQE KOTA BINTANG SRISAMUT (THAI FLAG) KOTA SURIA G. KOZINTSEV KOTA BINTANG SRISAMUT (THAI FLAG) fM^ANQTSORABAYA TAIWAN VESSEL BUNGA MELOR VOY
      1,556 words
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      Page 31 Advertisements Column 2
      549 31 EacßenV Ist1 st class container transport I\mss (>\ I \l\l RsiK\ l< K \n|< 111 (<!\ I |\i \I s< \\i>iw\l\ WEEKLY FEEDER VESSEL ANSON/TBN ANSON'TBN PENANG 3/4 10/4 PKEIANG 4/4 11/4 OCEAN VSL/VOY ALSIA 2132 BENAVON 2142 SIN 7/4 14/4 SOU (It 24/4 1/5 8/5 RTM (2) 26/4 3/5
      549 words
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      Page 31 Advertisements Column 3
      213 31 BOUSTEAD SHIPPING AGENCIES PBIYA VI2IW MEDGU VII3W PAGAN VIIIN MPAAN VI7CN MYOMA TWA VI4IW 22/24 Apr MYANMA FIVE STAR LINE (Myanmar National Line) Loadinf for Yan|on (Rangoon) Spore 14/17 Apr 10/12 Apr 14/ It Apr MH in Port P.Gdf In Part THE BANK LINE (A service of Andrew Weir Shippinc)
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      Page 34 Advertisements Column 1
      2056 34 c o 5 C O <7//\.-t Iw smnnixa c o\ir\XY i 3 m ii.# iWA 5] Conventional Semi-Container Liner Services General Agents: Yick Fung Shipping A Enterprise Co Ltd 62 Cecil Street TPI Building *02 00 Smwpoie 0104 lei: *****66 (12 lines) Fax *****15/*****8/ Tlx YIFUSINRS ***** YIFUS YIFUSINRS *****
      2,056 words
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      Page 34 Advertisements Column 2
      339 34 SAMUDOA MOONESM (S) PTC LTD"" 18 MeCALLUM STREET —1#14-04 NATWE8T CENTRE Singapore 01M Ta»a«: RS***** T«t *****$ 1-3 Fax: 229 4S3S, *****34 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY StN JAK PELOPOR 1034 04/04 (SAT) 07/04 (TUE) LAWANT1 955 06/04 (MON) 08/04 (WED) TWAOIKA 919 11/04
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      Page 35 Advertisements Column 1
      353 35 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES SELAMAT HARI RAYA TO ALL OUR MUSLIM CLIENTS PORT KLANG PH: 03/*****66 (12 LINES) II PENANG: 04/*****7 (10 LINES) JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES FAR EAST JAKARTA PORT
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      Page 35 Advertisements Column 2
      552 35 89 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: R8 ***** RI3HIP (3 Lln««) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL OARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS
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      Page 35 Advertisements Column 3
      516 35 (tu!r> Regional C Aintaincr Lines BANGKOK I AKARTA 09 04 Thur 06 04 22H lARU BHUM## 12/04 9/4 28$ BJNIA BHUM 11 04 01/04 NAhT» BHUM 14/04 11 04 01S FU FENGSHAN 14 04 11/04 bOON SMI BHUM 11/04 15 04 29S BHUM 15/04 Med 12 04 103N MAKA BHUM#
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      Page 36 Advertisements Column 1
      765 36 S'PORE EXPORT: *****22 IMPORT: *****11 PENANG: (04) *****6 P.KELANG: (03) *****77 SIBU: (084) *****9 JAKARTA: (21) *****32 KK: (088) *****0 KUCHING: (082) *****3 TAWAU: (089) *****9 SURABAYA: (31) *****0 m iiii PEN PK 11/4 12/4 23/4 24/4 PK SIN 13/4 14/4 13/4 14/4 18/4 19/4 Idn/Flx/Rdm/Ant G'bufg/C'hagen/S'hofcn/Oslo Piraeus/Genoa/Trieste 11/4 14/4
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      Page 36 Advertisements Column 2
      273 36 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL ITT SM MUIBERA 27S 10/4 22/4 VIA HPI 24/4 11/5 AUST STAR 0511 20/4 2/5 VIA NPI 4/5 21/5 PROSPECT 1«S 2/5 14/5 VIA
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      Page 36 Advertisements Column 3
      642 36 W_ THONG SOON LINES PTE, LTD 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I COHVENTIONAL/CONTAINgR COMTAWCT SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA palma palma palma palma palma SINGAPORE BATAM DAILY
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      747 37 Everett Lifted W-v COMPANIA PERUANA DE VAPORES "PERUVIAN STATF LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 110* OTHER PERUVIAN PORTS* WJTHT/S AT KOBE ON CPV THROUGH BILL Of LADING. "EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOJI. TOKYO*, MANILA*. OAVAO*. Ptnmf*
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      Page 37 Advertisements Column 2
      304 37 I i*T* *i N.AMERICA/CARRIBEAN SERVICES V 0» SM MAMM*) AJGL_. AM KM* 22. IM IQHTQ UL UL. ALL iJJ. ill vor LAX HSI sav hyc *X PM nmuwc 2LB UL Ufilßl4_ iLi_a«JßLBl4_ IflM »W»CA BL JiL iLi 80. 00. A-i iLi iUL IM. -Li. jLL ILL ILA. m. iii. 19
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      Page 37 Advertisements Column 3
      551 37 MULTI-MODE SHIPPING PTE LTD WEEKLY CONSOL SE RVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA MUSCAI BAHRAIN ABU (JHABI BANDAR ABBAS If DOAH FAR EAST ACCEPTING FCL/LCL PENANG P KfIANC. JAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON EELIXSTOWE LEEDS. TILBURY ABERDEEN IE HARVE HAMBURG
      551 words
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      Page 37 Advertisements Column 4
      551 37 l!U_ IS) LUCKY SEAWAY SERVICES PTE LTD TLX ***** FAX:*****77 SCt PK vtssti P GU Q SHAN 22/04 ASEAN/CHINA SERVICES PNG P GUOANG KTN FOR 10/04 DALIAN/QINGOAO HUANGPU SHANGHAI MADRAS/COLOMBO/BOMBAY/KARACHI SERVICES PNG VANGOON KIN FOR MADRASCOiOMBO MADRAS/COLOMBO SGP P* TH. SHAN S*ltd 1 TANG 10/04 SINGAPORE/MADRAS/SINGAPORE FCtACL SERVICES TBN TBN
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      Page 37 Advertisements Column 5
      473 37 PTC CONTAINER LINES PTC GROUP FCL LCL SERVICE SIN m EAST 05/4 KEELUNG/KAOHSIUNG 11/4 BANGKOK 10/4 MANILA/CEBU 07/4 JAKARTA/BELAWAN/SURABAYA 06/4 PORT KELANG/PENANG/E. Malaysia 06/4 BUSAN 12/4 TOKYO/YOKO/KOBE/NGO/OSA 05/4 HONG KONG SIN CHINA 05/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUHOPE/IM 05/4 LDN/FLX/LVP/SOU 05/4 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting
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      Page 38 Advertisements Column 1
      602 38 eTT FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA JAKARTA SIN/MADRAS SJN MAJt SM NEXT MNMUMi 30/03 05-07, 04 13-14/04 31 01/04 07-09/04 15-16/04 03-04/04 10-12/04 06-07/04 12-14/04 20 21/04 DU VSL SIN/CALCUTTA SIN CAI SIN NEXT AVAILABLE 31 01/04 07-11/04 17-11/04 05 04/04 12 15/04 21 22/04 10-11/04 16 20/04
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      Page 38 Advertisements Column 2
      425 38 nonterm] a CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— @235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****53 Penang: 04-*****0/11/12 33K" PCSL -WORLDWIDE w PANAMA -GLOBE STEAMERI LINES REGULAR Fd SERVICE T» THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO
      425 words
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      Page 38 Advertisements Column 3
      572 38 This Week's Sailings Tel: FoxSingapore 778 6522 779 2738 Cathryn Wen Johore 07-*****8 07-*****3 Alfred Ng M9j Jakarta 021-*****40 021-*****01 Troy Hsu v INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel: *****11 Far *****88 CR **********0 C VESSEL SAUDI ABHA THE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA CONTAINER *O RO/B*fAKBUIK SttWCES
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      Page 38 Advertisements Column 4
      338 38 A. CENTRAL EXPRESS LINES MANILA ETA M/S ZHANGHENG V 44 5/4 HUANGPU SHANGHAI/XINGANG BALTIC FAR EAST SHIPPING PTE LTD 2 MISTRI ROAD #10-00, HMC BUILDING, S'POREQ2O7 TEL: *****89 FAX: *****09 TLX: RS ***** BALFES ORIENT EXPRESS LINES DUBAI tmJ REGIONAL OFFICE Tel: *****17 Fax: 221-MM Tlx: RS ***** OELSIN Vessel
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      21 39 Read Chartpoint, a guide to v n. v investing in the Stock I? W *t-J Market. Every Saturday in Business Times
      21 words
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      Page 39 Advertisements Column 2
      132 39 vQ c vQc vQc vOc Oc V o Q u 2 9 0 9 U 8 JKUi COMPETITIVE RATES PREMIER CARRIER RELIABLE SERVICES 3 BARGES OPERATION TAILORING TO YOUR NEEDS SINGAPORE BATAM VAN OMMEREN PETP.OLOG (S) PTE LTD ENQUIRY BOOKING: *****01 VAN OMMEREN SHIPPING (S) PTE LTD V WEEKLY CONSOLIDATION
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      505 39 TIDES AND WEATHER me 3aw»«»fcr TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 *****400 1500 1600 1700 *****900 2000 2100 2200 2300 30 30 27 23 16 10 06 04 04 06 1.1 18 24 26 26 24 19 13
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      291 40 *1 m ULTIMATE FREIGHT SERVICES WEEKLY LCL ACCEPTANCE TO «l ports -«port* -aetafisf Oh» fecfcdtof UK Part low Sent, lautoka, Pon, Uo, fs. AFRICA KIH Bum MAN in** Portland, SFO. U. tort aIHPoWs w USA mm CANADA -fartworp, Ho FttataM, I CopMritom, u Pi. CI —Durban, UK* ttQUISI ftOKJ ;i:
      291 words
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      Page 40 Advertisements Column 2
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      263 42 4ks I K i: is t 1111 i, K ,r i r^'' »|l}.] [|[> I BANKING, FINANCE AND INSURANCE SUPPLEMENT 1993 A special Business Times Survey May 4,1992 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's
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      47 42 •>: < mmmmnAihi Every Saturday In Business Times Enquiries Welcome Shipping Services INDONESIAN STEVEDORE PORT SERVICES For all Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE I MIM? Y *****94
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