The Business Times, 13 April 1992

Microfilm: NL18193
Total Pages: 52
1 52 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Monday, April 13, 1992 THE HI'S!NESS PAPER FOR SE ASIA 75<
    16 words
  • NEWS SUMMARY
    • Article
      Moderates gain control of Iranian Parliament
      65 1 TEHERAN Westwardlooking moderates have wrested control of the Iranian Parliament from hard-liners, giving President Akbar Hashemi Rafsanjani a freer hand to push economic reforms and expand ties with the West. Official election results yesterday showed that the moderates close to Mr Rafsanjani and members
      65 words
    • Article
      OECD reaffirms aid to Russia
      54 1 PARIS Top finance officials of the Organisation for Economic Cooperation and Development renewed a commitment to provide massive financial aid to Russia at the weekend, but suggested major efforts would be required both by the Russians and the West before a proposed USS24 billion (5539.6
      54 words
    • Article
      Taking cue from polls
      40 1 HOW Singaporeans cast their votes in not just the last but the next two general elections will help decide which wards get upgraded next on the HDB refurbishment programme, the Prime Minister said vesterday Page 3
      40 words
    • Article
      Call for more talks
      33 1 THE Textile Surveillance Body has recommended that Hongkong and the US hold further talks to resolve a dispute over imports of knit tights from the British territory Page 9
      33 words
    • Article
      Grey growth outlook
      36 1 ECONOMIC advisers to the Bonn government have sharply scaled back forecasts for western Germany, saying the downturn will worsen and the economy will grow by only one per cent this year Page 11
      36 words
    • Article
      Bid to boost exports
      29 1 THE US Export-Import Bank plans to sharply increase its financial support for US exports this year as manufacturers experience a second "industrial revolution" Page 11
      29 words
    • Article
      QC commitment
      30 1 THE chairman of Singapore's National Productivity Board believes that commitment from the top in implementing QC circles is a must if productivity is to go up. Page 13
      30 words
    • Article
      New service
      31 1 THE United Arab Shipping Company (UASC) began a new pattern of containerised service between the Far East and Europe via the Arabian Gulf last month. Shipping Times Page 1
      31 words
  • MARKETS SUMMARY
    • Article
      Tell more: MAS
      33 1 IN I INK with the global trend towards more eorporate disclosure. the Monetary Authority of Singapore (MAS) has encouraged local banks to give more information to their shareholders Page 4
      33 words
    • Article
      BBMB acts on suit
      46 1 IN ITS latest bid to dismiss a US$3 billion (554.9 billion) lawsuit. Bank Bumiputra Malaysia Bhd has filed a motion in a US federal district court claiming that little-known Sinclair Nominees "lacks legal standing" to bring the case against it Page 4
      46 words
    • Article
      Politics shrugged off
      29 1 MOST Thai brokers take the view that where the stock market is concerned, it doesn't really matter who is in the prime minister's chair Page 5
      29 words
    • Article
      Behind O&Y reshuffle
      39 1 A RESHUFFLING of the top ranks of property giant Olympia York Developments Ltd (O&Y) may be a signal that the company will make stiff demands on its lenders when it opens its books today. Page 6
      39 words
    • Article
      Westinghouse hit
      21 1 WESTING HOUSE Electric has reported a 6 per cent drop in first-quarter net income, excluding accounting changes Page 6
      21 words
    • Article
      Ratings in trouble
      28 1 FITCH Investors Service Inc in New York may downgrade all the long and short-term structured transaction ratings of Japanese banks which it rates Page 7
      28 words
    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 675.10 +12.04 Kuala Lumpur ....571.31 +7.62 Tokvo 17.850.66 +1.252.51 Hongkong 4.921.11 +191.72 Svdney 1,582.0. +36.7 New York 3.255.37 +30.41 London 2.572.6 +136.2
      27 words
    • Article
      CURRENCIES
      25 1 Exchange rates USS SS 1.6470 100 Yen SS 1.2444 MS SS 0.6468 Money market rates Overnight 3 1/4% -f- 3/8 3-month 3 3/16 -1/8
      25 words
    • Article
      COMMODITIES
      29 1 Rubber S'pore May I4l.00*/kg unch M'sia May 2l9.0O*/kg unch KL Tin Turnover 64 tonnes 34 Spot M$l4.59/kg +1 Crude palm oil Turnover 721 lots +157 June MS918/tonne +8
      29 words
  • Article
    Signs point to 4-5 per cent growth in first quarter
    577 1  -  Electronics slump may see contraction in manufacturing sector By Anna Teo SINGAPORE Industry gut feel has it that Singapore's economic growth slowed further to about 4 or 5 per cent in the first quarter, possibly even lower. While most of
    577 words
  • Article
    Lock icon China woos overseas students with perks
    287 1 Incentives in investment and choice of work offered AP HONGKONG Chinese who return from studies abroad to work in the prosperous southern city of Shenzhen may be allowed to set up private enterprises and invest in foreign-owned companies, an official report said yesterday. The
    AP  -  287 words
  • Article
    Lock icon M'sia faces higher inflation, labour shortage: ADB
    200 1 AFP MANILA Malaysia faces higher inflation and serious labour shortages as it pursues a high economic growth target over the next two years, the Asian Development Bank (ADB) has said. The bank's Asian Development Outlook, released during the weekend, forecast 8.5 per cent
    AFP  -  200 words
  • Article
    Asean representatives invited to tour Russian Far East
    492 1  -  From John Helmer in MOSCOW DIPLOMATIC and economic representatives of Asean have been invited to the Russian Far East on a tactfinding mission next month. The invitation was conveyed at a meeting a few days ago in Moscow between Asean ambassadors and
    492 words
  • Article
    Reforms in India prompt foreign banks to plan expansion
    449 1  -  From Rajendra Bajpai in BOMBAY NEW DELHI Several big foreign banks are planning major expansion of their operations in India while others are seeking a toehold in the sector, attracted by economic reforms set in motion by the government of Prime
    449 words
  • Article
    Lock icon Fiscal not money policy aids growth: OECD panel
    120 1 Reuter PARIS Rich Western countries agreed during the weekend that a world economic recovery is coming and that putting government spending in order, not cutting interest rates, is the best way to speed it up and also make it last. So Hans
    Reuter  -  120 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      139 1 CREATING THE WORLDS MOST LUXURIOUS CLOTHS LANGHOLM SCOTLAND DG I 3 OBN TEL ***** 803 I 1 FAX: ***** ***** Russian deadlock. Back Page Aircraft Schedule 31 Market Reviews 27 Weather 31 The Arts 19.20 Money Changer Rates 31 World News 11 Commodities 30 Money Market 29 World Stock Markets
      139 words
    • Advertisement
      Page 1 Advertisements Column 2
      21 1 Asian Development Outlook reports, Pg 10 Rid to end Russian gott deadlock. Rack I'k Russian computer industn comes alive. Rack I*r
      21 words
    • Advertisement
      Page 1 Advertisements Column 3
      76 1 Financial sector's 1991 quarterly growth revised downward, Pg 2 Naturally enthusiastic. Aboard Japan Airlines, you quickly sense a genuine who encounter the refreshing hospitality ofI J enthusiasm on the part of the in-flight crew. It's easy to see again and again Welcome aboard Japan Airlines Where a they enjoy what
      76 words
    • Advertisement
      Page 1 Advertisements Column 4
      24 1 4T% typewriters Fax Machines j j Laser Printers Dot-Matrix Printers J I Electronic Lettering Systems I I Call 743 8000 tor further details li
      24 words
Page thumbnail Page 2
  • SINGAPORE NEWS 1
    • Article
      Growth of financial, business services sector revised downward
      614 2  -  Two percentage points slower in first two quarters of 1991 By Anna Teo QUARTERLY GROWTH in the financial and business services sector last year was more moderate than earlier thought, going by updated data in the latest edition of the Monthly Digest
      614 words
    • Article
      Users may use handphones in Vietnam
      402 2  -  Plan follows Telecom's installation of mobile service network there By Dexter Lee SINGAPORE Telecommunications Pte Ltd (Telecom) is planning a service that will allow users of Singapore mobile telephones to make or receive calls with their handsets in Vietnam. A Telecom spokeswoman confirmed on
      402 words
    • Article, Illustration
      EXECUTIVE MOVES
      514 2 MICHAEL J KIMBERLEY has been appointed executive vice-president of General Motors Overseas Corporation. He will be responsible for new business development activities and sales of GM products in Malaysia. Mr Kimberley holds a degree in automobile engineering and an advanced degree in mechanical engineering. Mr Kimberley joined Lotus
      514 words
    • Article, Illustration
      Votes will decide which wards are upgraded first: PM Goh
      624 3  -  Age of estate and demographic profile, however, will still be main factors Reports by Anna Teo HOW SINGAPOREANS cast their votes in not just the last but the next two general elections will help decide which wards get upgraded next
      624 words
    • Article
      Explain need for bus route changes: PM
      192 3 THERE should be a public exercise to explain the rationale for changes to the bus network. Prime Minister Goh C hok Tong suggested yesterday. It is important to do so bccause of public perception that the bus companies are profiteering, or that the
      192 words
    • NEWS ROUNDUP
      • Article
        $200 million facelift for Changi Terminal 1
        58 3 CHANGI Airport's Terminal 1 will get a $200 million facelift to change almost everything in the terminal from the walls to toilets. The terminal will remain open during the upgrading work, which will mostly take place during ofT-peak hours to minimise inconvenience. The
        58 words
      • Article
        Design for better value
        64 3 THE "Made in Singapore" label can be synonymous with good design and value for money. Deputy Prime Minister, Brigadier-General (Res) Lee Hsien Loong. said on Saturday at the opening of the Design Centre that design can add value to a product in overseas markets. He said
        64 words
      • Article
        Understanding and solidarity
        62 3 UNDERSTANDING and solidarity among the Muslims have helped the Malay community in Singapore to rally behind community programmes without polarisation, said the Minister-in-charge of Muslim affairs. Dr Ahmad Mattar. At a Hari Raya Aidil Fitri dinner on Saturday night, he said that even though some Malays have
        62 words
      • Article
        Help to get message across
        48 3 GRASSROOT leaders have asked for more help to get government policies across more effectively. At a Feedback Unit dialogue on Friday night, they asked Dr Ow Chin Hock, the new Feedback chief, for help like speech training and printed materials on government policies.
        48 words
      • Article
        Ministry reminds schools
        57 3 THE Education Ministry has reminded schools that they cannot force their students to attend religious activities. In a circular to all school principals on Saturday, the ministry said it would not allow any school receiving government funds to make its students take part in religious activities as
        57 words
      • Article
        Neighbourhood schools
        53 3 THE Education Ministry said that it was not neglecting neighbourhood schools. Senior Minister of State for Education, Dr Tay Eng Soon, >aid on Saturday that many neighbourhood schools have bettei premises and facilities than the more established schools. Students in these schools also made it to polytechnics and
        53 words
      • Article
        Local software on display
        52 3 SOFTWARE developed in Singapore will be on display in Hongkong from today till Wednesday at an exhibition organised by the Trade Development Board. The 11 local companies which will participate have packages for use in the freighting and healthcare industries, management information systems, education, accounting and
        52 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      215 2 -«£i Jt\B' *sH^K I ji-'HI I r fir. BIG IN POWER, PERFORMANCE RELIABILITY For coohtros. <ho .lophoo, ho, b.oo knowo (or roponor dondord ol o»d -roiood mochonio,o„do*pp«J •*.oo»po»n»d strength and reliability in performing heavy lifting and One of the region's bestselling forklifts, the Toyota P nv entory system, aowic wi
      215 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      295 3 550 Companies Waiting In Line To Share Their Success With You! For 4 Days Only! ™H|k Cr Incorporating coneauip '9a 13-16 MAY 1992 WORLD TRADE CENTRE, HALLS 1, 2, 3 OUTDOOR AREA, SINGAPORE DT 111 550ancJeountin 9 AtS,BEX RWMircc 92 South East m *'TT Architects Designers! BUSINESS longest-running building gueSt
      295 words
    • Advertisement
      Page 3 Advertisements Column 2
      181 3 FOR THE PRICE OF AN EXECUTIVE ROOM! Yes, vou get a suite with your own private lounge for only $340++. At an equivalent price, most other hotels only otter a bedroom and a shared Executive I>ounge. So why settle tor less when you can have more More space. More privacy.
      181 words
Page thumbnail Page 4
  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        SES approves Keppel Finance's issues
        50 4 SINGAPORE The Stock Exchange of Singapore has given in-principle approval to Keppel Finance Ltd's bonus issue and renounceable rights issue. Shareholders will vote on this at an extraordinary general meeting to be convened. A circular detailing the issue will be sent out in due course.
        50 words
      • Article
        Asia Pac Breweries buys firm
        32 4 SINGAPORE Asia Pacific Breweries Ltd has bought the entire share capital of Halston Ltd, a company incorporated in the Cook Islands. The company has not started trading.
        32 words
      • Article
        New appointments at Cerebos
        61 4 SINGAPORE Cerebos Pacific Ltd has announced that John Barbour has been appointed managing director of the restaurants division while Jimmy Taniyama has been named managing director of the newly-formed Cerebos Asia Division. Prior to the appointments, Mr Barbour was managing director of Cerebos Brand s Division
        61 words
      • Article
        Pengkalen buys dormant firm
        56 4 KUALA LUMPUR Pengkalen Holdings has acquired the entire issued and paid-up capital in Fosiker comprising two ordinary shares of Msl each at par. Fosiker isa dormant company with an authorised capital of M 525,000. None of the directors and substantial shareholders of Pengkalen has any interest,
        56 words
      • Article
        FCW shareholders told of bid
        64 4 KUALA LUMPUR Federal Cables, Wires and Metal Manufacturing (FCW) has informed its shareholders in a circular that Leader Universal Holdings has offered to make a voluntary takeover of FCW. Leader has offered to acquire the entire paid-up capital of FCW comprising 68.20 million shares of
        64 words
      • Article
        MBf Hldgs to relocate some units
        103 4 KUALA LUMPUR MBf Holdings plans to house all except one of its manufacturing subsidiaries at the group s industrial park in Puchong, Selangor. The president of its manufacturing division, Ooi Chee Kok, said the units to be housed at the park are MBf Printing
        103 words
      • Article
        Valuation of East Asiatic land
        90 4 KUALA LUMPUR The East Asiatic Co Bhd (EAC) has valued at MS2U.3 million (SSI37 million) the 2,920 ha piece of land in Sepang, Selangor, which it proposed to sell to a joint-venture company to be set up by EAC and Bedford Bhd. In a reply
        90 words
    • Article
      MAS encouraging more disclosures by banks
      342 4  -  Suggestions given but details to be disclosed left to each bank By Magdalene Ng SINGAPORE In line with the global trend towards more corporate disclosure, the Monetary Authority of Singapore (MAS) has encouraged local banks to give more information to their shareholders. Contacted by
      342 words
    • Article, Illustration
      First stage of giant Thai industrial estate expected to be sold out in '92
      622 4  -  By William Chia SINGAPORE MDX Company Ltd, the largest Thai industrial estate developer that was listed on the Stock Exchange of Thailand last month, expects the first stage of its US$3OO million (***** million) Gateway City
      622 words
    • Article
      Bank Bumiputra files motion in US court to dismiss US$3b lawsuit
      583 4  -  From Leslie Lopez in KUALA LUMPUR IN ITS latest bid to dismiss a US$3 billion (554.9 billion) lawsuit, state-owned Bank Bumiputra Malaysia Bhd has filed a motion in a United States federal district court claiming that little-known Sinclair Nominees
      583 words
    • Article
      Lock icon MGIC to revamp newly-acquired stockbroking unit
      261 4 MBT KUALA LUMPUR The Malaysian General Investment Corp (MGIC) is planning to restructure its newly-acquired stockbroking firm, Charles Bradburne and Co (CBC), to strengthen its business. The restructuring programme includes improving its research activities to provide quality services to its clients, strengthening CBC's marketing
      MBT  -  261 words
    • Article, Illustration
      Appointment of PM clears the air for investors
      607 5  -  Thai stock market pleased with end to political uncertainty MARKET By Philip Moore BANGKOK General Suchinda Kraprayoon's appointment as Prime Minister of Thailand has not left the same sour taste in the local bourse as it has in the mouths of democratic
      607 words
    • Article
      Lock icon Sincere sells flagship building for HK$1.18b
      414 5 South China Morning Post HONGKONG Sincere Co, Hongkong's oldest Chi-nese-owned department store operator, has sold its flagship store in Central for HK$l.lB billion (Ss2sl million). The new owner is a property company from Shenzhen which has so far had a low profile in the
      South China Morning Post  -  414 words
    • Article
      Lock icon Tokyu says it will not buy trust funds again
      425 5 Nikkei Weekly TOKYO The Tokyu group will not repeat its past mistakes following its disastrous stock market forays, vows Tsuneyo Akiyama, vice-president of Tokyu Department Store Co. "We will never again purchase tokkin (special trust funds), trust funds or investment trusts,"
      Nikkei Weekly  -  425 words
    • Article
      Lock icon Stanley Ho eyes Zhuhai-Macau rail extension project
      240 5 South China Morning Post HONGKONG Stanley Ho says he hopes to invest in the construction of a rail line linking Zhuhai and Macau. The project would extend a rail link between Guangzhou and the Zhuhai Special Economic Zone that is scheduled to begin
      South China Morning Post  -  240 words
    • COMPANY BRIEFS
      • Article
        IBM begins planned move to axe 20,000 jobs
        92 6 NEW YORK International Business Machines Corp on Friday began notifying thousands of employees they are "surplus" and will have to find a job elsewhere in the computer maker, or accept severance pay. The notifications are part ot a plan IBM announced in
        92 words
      • Article
        Air France, Sabena join forces
        66 6 BRUSSELS Air France and Sabena SA signed a partnership agreement on Friday which Air France described as an alliance designed to ward off US and Asian competition. "This plan is offensive, it means that two European companies will do together what they did separately until
        66 words
      • Article
        Publisher eyes The Observer
        55 6 1 ONDON Guardian Manchester Evening News pic, publisher of the British daily The Guardian, said on Friday it wanted to buy Britain's oldest Sunday newspaper, Ihe Observer owned by Lonrho pic. Chairman and chief executive Harry Roche said the company is interested in the purchase "but
        55 words
      • Article
        Sega to pay US$33m damages
        46 6 LOS ANGELES A Los Angeles jury found that Japanese video-game giant Sega Enterprises Ltd intentionally infringed a US inventor's patent and ordered the company and its US subsidiary to pay USS33 million (5554.12 million) in damages, it was reported on Saturday.
        46 words
    • Article
      Lock icon Profits plunge at Swiss Adia
      422 6 Employment giant's net profits fall by more than half Reuter LAUSANNE, Switzerland Swiss-based Adia SA, the world's second largest employment agency, saw 1991 profits plunge in a traumatic, recession-hit year in which it ruthlessly reversed years of aggressive expansion. Adia said on Friday that 1991
      Reuter  -  422 words
    • Article
      Lock icon Reshuffle at O&Y may lead to tough debt talks
      611 6 Reuter TORONTO A reshuffling of the top ranks of property giant Olympia York Developments Ltd (O&Y) may be a signal the company will make stiff demands on its lenders when it opens its books today. Steve Miller, who guided Chrysler Corp
      Reuter  -  611 words
    • Article
      Lock icon Poor property deals hit Westinghouse earnings
      316 6 FT NEW YORK Westinghouse Electric, the US conglomerate which has been hit hard by poor real estate investments, on Friday reported a 6 per cent drop in first-quarter net income, excluding accounting changes. However, at the operating level, the company managed a 24 per
      FT  -  316 words
    • Article, Illustration
      Lock icon UK stocks seen to test record high on election news
      437 6 MARKET TALK Reuter LONDON Shares are seen testing all-time highs next week, after a Conservative general election victory gave UK financial markets a shot in the arm. "Shares will test their highs as longerterm investors worldwide pile in," said County
      Reuter  -  437 words
    • Article, Illustration
      Lock icon VW names top duo to outpace Japanese rivals
      482 6 Reuter BONN Europe's biggest carmaker Volkswagen wi|l soon be headed by an Austri-an-French management duo whose main task will be to slash costs and boost profits in the race to outpace tough Japanese competition. Volkswagen AG's supervisory board on Friday approved the
      Reuter  -  482 words
    • Article
      Lock icon Caterpillar, union to meet today in bid to end strike
      332 6 Reuter CHICAGO Caterpillar Inc and the United Auto Workers union will meet today in a bid to end the most bitter US labour-manage-ment showdown in a decade. Federal mediators and the company said on Friday. Caterpillar said its bargaining committee
      Reuter  -  332 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      70 4 i —THE FOUNTAIN LOUNGE BY HANS GEDDA jl wa■ki «f^t ■k B A K "I SAW HIM READING FOR A LONG TIME. But he kept looking up whenever the waitresses walked by. Which was quite often." 6~&&£>?t PHOTOGRAPHER A ANA HOTEL SINCAPORE The Classic Motel 16 Nassim Hill. Singapore 1025
      70 words
    • Advertisement
      Page 4 Advertisements Column 2
      270 4 OBJECTIVES PROGRAMME LEADERS The course is specifically desired: H rt f'"'S,!? ool Marketing and Course Director, (a) to provide an understanding of Marketing p rac tice, UTS) and Prof Ken marketing, marketing management, Miller (Professor of Marketing) are both and marketing functions, l rom s C h oo of Marketing
      270 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      29 5 _—When it comes to software No wonder TI7M I"KM eaifl uwwK'RAFTfDMPLTERA ENGRfi PTE LTD. TEL: *****67 NETBANDTECHNOIXKSY TEL: 336 5336 TRANSM ARIX) DATA SYS PTE LTD. TEL: 218 8988
      29 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      394 6 g JBJ TANG SAN ANTIQUE HOUSE cordially invite Dj the pleasure of your company to china antique furniture exhibition I I m I II II mLM _^^l QING on-ICULS LAM GUAN HAT ARMCHAIR (WU MF.I WOOD) Wu Mei, Zitan, Huang Huali, Jichi, Duan, Blackwood And Elmwood. Venue 20, Upper Circular
      394 words
Page thumbnail Page 7
  • FINANCIAL NEWS
    • Article
      Lock icon Agency may downgrade ratings of Tokyo banks
      597 7 Reuter NEW YORK Fitch Investors Serv ice lnc in New York said it may downgrade all the long and short-term structured transaction ratings of Japanese banks it rates. The agency cited the plunge in the Nikkei stock index and the fact that that
      Reuter  -  597 words
    • Article
      Lock icon SEC rules to protect penny stock investors
      458 7 Reuter WASHINGTON The Securities and Exchange Commission adopted rules last Friday to combat fraud in the "penny stock" market and alert investors to the risks of buying the lowpriced, highly-speculative shares. Penny stocks, which can trade for less than a USSI (551.65) apiece,
      Reuter  -  458 words
    • Article
      Lock icon Chinese official suggests fewer share offers to foreigners
      303 7 Reuter BEIJING China should slow down share offers to foreigners to protect the reputation of its nascent securities markets, an official involved in the exchanges said. Wang Poming, vice-presi-dent of the Stock Exchange Executive Council, told the China Daily that China's lack
      Reuter  -  303 words
    • Article
      Lock icon First Chicago's quarterly profits sharply higher
      348 7 NYT NEW YORK The First Chicago Corp announced a sharp increase in quarterly profits last Friday, citing a decline in losses from bad loans, growth of its credit card business, and profits from investments in other companies. Losses from bad loans remained high, but
      NYT  -  348 words
    • SMALL CHANGE
      • Article
        Chemical Banking top global loan syndicator
        69 7 NEW YORK Chemical Banking Corp was the top global loan syndicator in the first quarter with 60 deals worth U5514.45 billion (5523.8 billion) successfully syndicated, supplanting Citicorp, said IDD Information Services. Citicorp was first for all of 1990 and 1991. but in the first
        69 words
      • Article
        OTS approves Keystone move
        73 7 WASHINGTON In the first move of its kind, the Office of Thrift Supervision (OTS) said last Friday that it allowed a Californian thrift to buy US$l million (S$ 1.65 million) of stock in Family Savings Bank of Los Angeles in order to strengthen its capital. OTS
        73 words
      • Article
        German rates to remain steady
        79 7 PARIS German official interest rates will be neither raised nor cut in the near future, Bundesbank deputy governor Hans Tietmeyer said last Saturday. "We have to look at what will be the developments over the next months, during the course of this year. But I
        79 words
      • Article
        Colombia to repay World Bank
        72 7 BOGOTA Colombia will use funds raised by domestic bond sales to repay early US$25O million (*****.5 million) which it owes to the World Bank and Inter American Development Bank. The Bogota daily El Espectador said last Friday that the government would make the repayment to
        72 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      43 7 g 1 <*? t J y j jr. I The more they rather stay need to make a booking for a frequent .£•> business traveller, choose the one hotel The Continental Wing. I omni Marco Polo Hotel Singapore ill fl Ml OMNI HOTELS ASIA-PACIFIC MPH»9IA
      43 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      89 8 Nippon Paint Sincjaporc has q|ways maintained ISO 9000 sld'ards are internationally recognrsed standard's on quality assurance The certification to these standards ensures excellence in qualrty (sfcTpteUd isproud to receive the ISO 9002 Certification. If is our assurance to you thai high standards will tie kept ahrays with the aim of
      89 words
Page thumbnail Page 9
  • THE REGION 1
    • Article
      Thai govt gets tough with illegal forex traders
      432 9  -  From Philip Moore in BANGKOK AN EXTENSIVE crackdown on illegal foreign exchange traders by police and central bank authorities is starting to bite, officials and market sources say. Owners of nine companies have been prosecuted since the police launched a blitz in
      432 words
    • Article
      Lock icon Brownouts in Manila disrupt business
      468 9 AP MANILA A severe electricity crisis is fraying tempers and curtailing business in this capital, whose 8 million residents must also contend with water shortages, poor telephone service and horrendous traffic. For the sixth straight day on Saturday, electricity was cut throughout the city for
      AP  -  468 words
    • Article
      Lock icon HK, US urged to discuss trade row
      458 9 Call for talks to resolve quota dispute over knit tights AFP HONGKONG The Textile Surveillance Body (TSB) has recommended that Hongkong and the US hold further talks to resolve a dispute over imports of knit tights from the British colony, a trade official
      AFP  -  458 words
    • Article
      Lock icon Region's economic boom likely to be sustained
      391 10 Rising intra-regional trade and investment will fuel growth Reuter MANILA Asian countries will increase intra-regional trade and investment to help sustain the area's economic boom over the next two years, the Asian Development Bank predicted on Saturday. Emerging partnerships in the region and
      Reuter  -  391 words
    • Article
      Lock icon Indonesian economy to grow at 6.7-7pc over next two years
      333 10 Asian Development Outlook 1992 AFP MANILA The Asian Development Bank (ADB) has forecast stable growth of more than 6 per cent for Indonesia over the next two years. The growth was dependent on the strength of a global rebound from
      AFP  -  333 words
    • Article
      Lock icon Inflation, jobless rate remain threats to Viet economy
      329 10 Reuter MANILA Vietnam's struggling economy will pick up this year, but inflation and unemployment pose major problems for Hanoi, the Asian Development Bank (ADB) said on Saturday. "The achievement of macroeconomic stability is likely to be very difficult," the Manila-based Bank said.
      Reuter  -  329 words
    • Article
      Lock icon China seen getting boost from new phase of reforms
      540 10 Non-state sector expected to dominate economy Reuter MANILA China will experience "a new phase of economic reforms" in 1992 and 1993, further boosting its economic growth, the Asian Development Bank (ADB) predicted. The Manila-based ADB said in a report released here
      Reuter  -  540 words
    • Article
      Lock icon Reforms needed to sustain expected Philippine recovery
      352 10 Reuter MANILA The Philippine economy will stage a modest recovery over the next two years but is likely to falter without further reforms and improvements to infrastructure, the Asian Development Bank (ADB) said. "Economic recovery is likely to falter again and long-run self-sustaining
      Reuter  -  352 words
    • Article
      Lock icon Grave imbalances plague Myanmar's economy
      311 10 Reuter MANILA Severe problems continue to dog Myanmar's economy two years after the hardline military government in Yangon refused to hand over power to the opposition led by Nobel laureate Aung San Suu Kyi. The Asian Development Bank said Myanmar's economy posted modest growth of
      Reuter  -  311 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      83 9 Personal touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities lor recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all. that warm family atmosphere
      83 words
    • Advertisement
      Page 9 Advertisements Column 2
      332 9 i ff* <1 n ''M i Wmmm: Bk; I jR- Be* »v ■*-< i&lmm^^^M HI f|| l#li|if{ if| > |$Jy- PP* i j i! flj i ■■^if 5 mi Ik. -;i WKRmfcr J& '1 %&mßt^m > I j^^WlW "v >- 7* f I Jfeafc^ f „#^^b Hi- "SMI IP JMn
      332 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      1243 10 Q DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Shareholders NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held in the Board Room, 46th Storey. DBS Building, 6 Shenton Way. Singapore 0106
      1,243 words
Page thumbnail Page 11
  • THE WORLD
    • Article
      Lock icon Govt advisers trim growth forecast for western Germany
      455 11 Predicted expansion cut back to one pc UPI BONN Economic advisers to the Bonn government have sharply scaled back forecasts for western Germany, saying the downturn will worsen and the economy will grow by only one per cent this year. The Frankfurter
      UPI  -  455 words
    • Article, Illustration
      Winnie in war of words
      58 11 WARMBATHS, South Africa African National Congress leader Nelson Mandela s wife, Winnie, arguing last Saturday with a police captain who stopped a protest march she was leading short of the police station here. The demonstrators were rallying against a VAT on basic food and demanded
      58 words
    • Article
      Lock icon US Ex-Im Bank to boost support for exports
      363 11 Reuter WASHINGTON The US Export-Import Bank plans to sharply increase its financial support for US exports this year as American manufacturers experience a second "industrial revolution", says chairman John Macomber. He said last Friday that the export credit agency might lend its
      Reuter  -  363 words
    • Article
      Lock icon Economists rule out unexpected jump in American inflation
      256 11 Reuter NEW YORK An unexpected jump in US consumer prices is not likely to be repeated as long as the American economy continues its slow recovery, say economists. The March Consumer Price Index (CPI) for all items rose 0.5 per cent, it
      Reuter  -  256 words
    • Article
      Lock icon UK inflation dips to 4pc but fails to impress
      325 11 Reuter LONDON British inflation fell to an annual rate of just 4 per cent last month, figures released on Friday showed, but the 0.1-point decline from February failed to impress economists who had hoped for a larger reduction. "It's disappointing for
      Reuter  -  325 words
    • Article
      Lock icon Japanese turmoil unlikely to hit US badly: economists
      370 11 AP NEW YORK Japan's bi stock market may be turbu- pi lent and the country's econo- th my may be slowing, but bad ai news for Japan may not necessarily be bad news for the I United States, economists have said. j
      AP  -  370 words
    • WORLD WATCH
      • Article
        ADB sees 1.6pc growth for US this year
        102 11 MANILA The American economy will grow by only 1.6 per cent this year but the outlook for 1993 is brighter, says the Asian Development Bank. It said last Saturday that the US economy could experience a mild recovery this year because of
        102 words
      • Article
        Ex-Japanese minister killed
        92 11 TOKYO A leading Japanese politician was stabbed to death early yesterday by his mentally-disturbed daughter. Police said Shinjiro Yamamura. 58. chairman of the Budget Committee of the Lower House of Parliament, was stabbed with a knife in the neck and chest by his 24-vear-old second daughter, who
        92 words
      • Article
        Banks cool to St Petersburg call
        94 11 ST PETERSBURG, Russia St Petersburg last Saturday invited foreign banks to help it become a major European financial centre by opening up full service branches in the city, but few appeared ready to take the risk. "We want St Petersburg to be transformed once
        94 words
      • Article
        S Korean minister in Beijing
        66 11 BEIJING South Korean Foreign Minister Lee Sang Ock arrived in Beijing yesterday the highest-ranking Seoul minister ever to visit China, which is one of North Korea's closest allies. Mr Lee is attending a session of the United Nations Economic and Social Commission for Asia and
        66 words
      • Article
        Only small talk allowed
        84 11 TAIPEI Taiwan's diplomats may speak to their Chinese counterparts abroad, but only about the weather and other mundane matters, according to new "courtesy" guidelines, a senior Foreign Ministry official said yesterday. "We have been instructed to adhere to the principle of no concession and no avoidance
        84 words
      • Article
        EAEC set to surpass Nafta
        99 11 LANGKAWI The proposed East Asian Economic Caucus (EAEC) is expected to overtake and surpass the North America Free Trade Area (Nafta) as the next largest trading bloc while the European Community (EC) will retain its present status as the largest trading bloc by the year
        99 words
      • Article
        Indonesia to grant passports
        84 11 JAKARTA Indonesia has promised to give passports to 3 000 Indonesians in Australia who have technically lost their citizenship. "Based on the Indonesian ambassador's decision in October 1990. the Indonesians can renew their passports as long as they can prove they are citizens." the director-general of
        84 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      23 11 with our savoury Bak Kul Teh WlCap**po« Call our toll-free reservation hot-line 235 9770. 382 Havelock Road, Singapore 0316. Fax: *****34 Tel: *****22. >
      23 words
    • Advertisement
      Page 11 Advertisements Column 2
      471 11 I SEMBAWANG SHIPYARD LIMITED I (Incorporated in the Republic of Singapore) I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General I Meeting of the Company will be held at the Company's Registered I Office at the Shipyard. Admiralty Road East, Sembawang, Singapore I
      471 words
Page thumbnail Page 12
  • ANALYSIS
    • Article
      Why are investors still coming?
      1069 12  -  Foreign businessmen have decided that warnings about Sri Lanka's administrative inefficiency and rebel violence may be a little overstated, reports Mike Levin Mike Levin PITY poor Sri Lanka, a country that has worked harder than most to rebuild its economy, only to have Western diplomats
      1,069 words
    • Article, Illustration
      Lock icon China collective with a capitalist face
      634 12  -  China's Da Qiu Village is a dramatic example of the kind of entrepreneurial energy that Chinese leader Deng Xiaoping is trying to unleash with his reform campaign. Andrew Browne reports Andrew Browne Reuter Da qiu village, China When Deng Xiaoping began preaching capitalist-style reform
      Reuter  -  634 words
    • Article
      Steady does it
      873 12  -  The UK election was not a case of the Conservative Party defeating Labour but of steady, sincere, unflamboyant John Major being endorsed by the public, says Neville Stack Neville Stack The writer is a London-based journalist who contributes to BT THE British electors i were voting, not
      873 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      453 12 I Steamers Maritime Holdings Limited (Incorporated in the Republic of Singapore) I Notice of Annual General Meeting I ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual I General Meeting of the Company which will be held at the Straits Room, I 10 Collyer Quay #29-00, Ocean Building, Singapore 0104,
      453 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      38 12 DOONESBURY by garry trudeau fSSS?SSm<Sm I ISSf 5 I I 1 mnmccfiw t J swsve SFOiL£R IN THIS RACE* SSTABimMMM r J AWTHS L6S&AN* I tfSBIANf I A JOKZ I IN iHnrv** MHMmVTC&WZ £VBVONZWSHK? INIT, SIR. OFCOUKSZ lUmcmwifzoM
      38 words
Page thumbnail Page 13
  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Managers hold key to productivity: Boon Heng
      970 13  -  Commitment from the top is not strong in the private sector, which partly accounts for its low participation in QC circles. Chuang Feck interviews National Productivity Board chief Lim Boon Heng Chuang Peck Ming DEFENCE Minister Yeo Ning Hong often pays surprise visits
      970 words
    • Article
      Lock icon Making life better
      654 13 Some Japanese firms are considering ways to improve employee benefits Asahi AMID a continuing labour short- age, some Japanese companies t are beginning to consider ways t to improve fringe benefits for their em- i ployees. Such measures include granting t child-care leave, special leave to take
      Asahi  -  654 words
    • Article, Illustration
      Getting to the core of competitive advantage
      749 15  -  In the cauldron of global competition, the corporation that succeeds will be the one that understands, and uses, its core competencies. Award-winning lecturer Gary Hamel will be in town to show Singapore managers just how. Kenneth James previews Kenneth James TALK TO any
      749 words
    • Article, Illustration
      Lock icon What in the world is an MNC?
      970 15  -  With a handful of exceptions, so-called 'multinational' companies are merely national entities with foreign operations, asserts economist Yao-Su Hu. Christopher Lorenz examines this theory Christopher Lorenz FT Managers and politicians take note. The term "multinational company" has become so deeply embedded in our
      FT  -  970 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      98 13 Getting to the core of competitive advantage. Page 15 SlNGAvPOfct Htf> TWO TJPtt of GOLFERS. THE Fiw B/voVi. that \LI _J "THOSE WHO HWE A CLU& pwjcws yu to u&e" lI*I r V""" 7 ll AM O THOSE VA/HO SCH'T, CCU-ATf«AU Rtf. *V%OOT j* j y~~ &CIH HANC A fc>v*.Wt.
      98 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      296 14 A Mercedes-Benz is a Mercedes-Benz is a V 7 Mercedes-Benz. II PF~ -^(H No matter which way you look at it, BMI the decision to buy a Mercedes-Benz is a rewarding <' ".:f -W i v c~- -:■-v i>: m W&** I >1 >*:■*■' .:-.r'-V cy N t v V
      296 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      122 15 Culinary Masters At The Helm You can expect only the best l!f!T yjH Veronica and Angela, together of Cantonese cuisine including with their service team guarandianxin at the Hua Ting Chinese tee impeccable service. Restaurant. And there are also 5 private, Master Chef So Chi Wong HUA TING dining rooms
      122 words
    • Advertisement
      Page 15 Advertisements Column 2
      166 15 Studies I that work for people at work Part-time ft Full-time course available! LL.B (Hons) Degree (University of London) Pre-Law (A.E.8.) Certificate/Diploma in Administrative Management (1.A.M.) Diploma in Accounting/Marketing (LCCI) Certificate in Marketing/Sales Management (C.1.M.) Private Secretarial Certificate (LCCI/Pitmans) G.C.E. A' Levels Commerce Chartered Institute of Bankers (C.1.8.) Chartered Institute
      166 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      157 16 V I >r WS&**«*•**-' >».&*; AJMM.3BK yafoag^-a>s>-- > IIMKnMTii V-• *X flfl«i£d£^v" H*A*i- ">-f/j?' fl fe '.:..w -iUfi* 1% ot, yfT A- i9 ,»'^''M^x I Most Airlines Go To The Local Wine Dealer For Their Pick-Me-Up Drinks. We Go To The Remote Island Of Kanghwa. Champagne, red wine or white?
      157 words
Page thumbnail Page 17
  • SPORTS
    • Article, Illustration
      Lock icon America3 sails ahead
      691 17 America's Cup AP SAN DIEGO Bill Koch moved a step closer to locking out Dennis Conner from the America's Cup defender final when the America 3 beat Conner's Stars and Stripes by 44 seconds in the 11th race of the semi-finals on Saturday. Conner, the defending America's
      AP  -  691 words
    • Article
      Lock icon Baker-Finch under threat
      643 17 IJS Masters AFP AUGUSTA, Georgia British Open champion lan Bak-er-Finch made a quick adjustment to vastly different conditions on Saturday to take the lead in the clubhouse in the rain-disrupted third round of the Masters. However, the Australian's nine-under total of 207 was under threat from compatriot
      AFP  -  643 words
    • SIDE LINES
      • Article
        Foreman squeaks past Stewart on points
        131 17 LAS VEGAS Former world heavyweight champion George Foreman knocked down Alex Stewart twice in the second round and held on to notch up a points decision in a 10-round non-title fight on Saturday night. Two of the three judges gave the bout to Foreman
        131 words
      • Article
        Rain halts play
        82 17 AMELIA ISLAND, Florida Semi-final action at the U*****,000 Bausch Lomb tennis championship was halted by rain on Saturday and officials decided to postpone play until yesterday. After four rounds of mostly one-sided, straight set wins for the favourites, rain forced suspension of the first exciting match here
        82 words
      • Article
        Sinking feeling
        94 17 AUGUSTA. Georgia It wasn't a record for futility. It really i wasn't even close. But it did ruin Lanny Wadkins' day when he took a 5-over-par 8 on the 12th hole during Saturday's third round of the Masters. "What you want to know about it?" he snapped. "I
        94 words
      • Article
        No politics for Imran
        107 17 ISLAMABAD Imran Khan, captain of Pakistan's World Cup winning cricket team, declined on Saturday an invitation from Prime Minister Nawaz Sharif to enter politics. Sharif told reporters at a reception for the Pakistani squad that he had made an offer "long ago" to the star skipper
        107 words
      • Article
        Spence for marathon
        58 17 COLUMBUS, Ohio Steve Spence, the 1991 bronze medallist at the World Championships, ran a smart, controlled race on Saturday in winning the US men's Olympic trials marathon. Joining Spence on the team that will represent the US in Barcelona were Ed Eyestone and Bob Kempainen. Spence was
        58 words
      • Article
        Courier wins Japan Open
        55 17 TOKYO American Jim Courier, who has already regained the world's No 1 ranking, beat Richard Krajicek of the Netherlands 6-4, 6-4, 7-6 (7-3) yesterday for the men's singles title of the Japan Open Tennis Championship. Australian Open champion Courier's second tournament victory of the season was
        55 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      177 17 Hennessy Celebrates in Singapore Singapore. The arrival of the Membersoflhe Spjn(o/Hm rasy barrels of Hennessy X.O onto the dockside in Singapore. cases Of limited edition |^Jjj^W boot, which is re-enocting the original journey to Shanghai made by "The Arriving with the boat in Singapore was Mr Gilles BBM|^ Aiford" 120
      177 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      819 18 Nothing Beats A Bud. where to wine, dine OF ~j jj T~ I t j Qo For Gift Certificates Gift certificates from King's Hotel are in handy $50 and $100 denominations. Ideal for all occasions, they can be used for rooms and at all F&B outlets. Corporate purchases of $500
      819 words
    • Advertisement
      Page 18 Advertisements Column 2
      381 18 I A 1 I The Businessmen's Derby Lunch I ,J ff A ddcctaWc clnmc of appetisers and soup I j I followed closely by your pick from five delißhthil main dishes and a selctti«»n of desserts Finish I 'flfc..™ with ccilict or tea. I Vhfluuf (.fwroom 1 Only $28.00 f
      381 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      695 18 TELEVISION AND RADIO TT 1 1 J seen JUSTW aELk Md^wr business on radio Hnt-^hot nphiitv M M L BBC mHIinVHF^ 11UI >jIAU I Viv UUIJ 6.55 PM Opanlnf. 900 NamTat Mm. 5 m cnn 7 05am, 1.30pm. 5.05pm, 1.05 am: ?!S c NN rlS^'n l rini«.» 930 CWI Wars
      695 words
Page thumbnail Page 19
  • THE ARTS 1
    • Article, Illustration
      Lock icon Pop goes the opera
      1007 19  -  Pavarotti in the Park, arias as advertising jingles never has high art been so accessible. Is it all for the good, or will commercialism be the death of real opera? asks Andrew Clark Andrew Clark FT Americans invented the soap opera. Now Europe has come up
      FT  -  1,007 words
    • Article, Illustration
      An impressive guest list
      553 20  -  The Asian Youth Orchestra performs in Singapore this year with the distinguished Dutch soprano Elly Ameling. Cheryl Liew reports Cheryl Liew DUTCH soprano Elly Ameling's presence in Singapore later this year with the Asian Youth Orchestra promises to be one of the highlights on the year's
      553 words
    • Article
      Lock icon Forgotten man behind Messiah
      475 20  -  Mention Messiah, and Handel immediately comes to mind. But few know Charles Jennens, the man behind the libretto. Dismissed as arrogant and untalented, he may have been treated unfairly. Robert Barr reports Robert Barr AP HANDEL'S Messiah may have delighted audiences in Dublin at its premiere
      AP  -  475 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      233 19 AND ENTERTAIN H- n< I w t'3 is I c< I e I e I a I a Filipino Flavours a Authentic Filipino fare... brought to you by a I j, team of chefs from the Century Park Sheraton I t Manila. I p Available from 12 to 26 April
      233 words
    • Advertisement
      Page 19 Advertisements Column 2
      332 19 H latest features to handle your payroll! ENHANCED FEATURES FOR VERSION 2.1 a INCLUDE Extra pay period for commisswn/bonus/backpay a Password control access to different category of employees Flexible overtime formula per employee Flexible work day calculation tor shift work per employee B Export payroll working data to m Print
      332 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      599 20 O 1 DBSBANK I THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) H To: All Shareholders H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Fourth Annual General Meeting of the Shareholders of the Company will be held in the Board Room, 46th
      599 words
    • Advertisement
      Page 20 Advertisements Column 2
      133 20 Innovation Technology in Business Times every Tuesday HER WORLD IS PROUD TO SPONSOR THIS \IM)4 EXCITING FASHION P*;. EVENT! Mraljh Top international designer, SOm Kenzo, will be making a personal appearance In Singapore for the first time next month. yT He'll be flying in with 18 top models from ik
      133 words
    • Advertisement
      Page 20 Advertisements Column 3
      14 20 ■I=L MARINE S.E. ASIA SaDre 525 520.000 jHpF Singapore Tel: *****29 Malaysia Tel: *****-*****0
      14 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      155 21 DUB 300 SERVICE SPECIALISTS SPEND THEIR DAYS IN SOME DF THE NICEST PARTS OF SINGAPORE. j6bb Alas, they actually have to work while they're in specialists, ready-to-assist with 100 mobile work- call on us for impartial advice and expert system shops, 24 hours a day. planning -in the first place.
      155 words
Page thumbnail Page 22
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Pessimism prevails despite overseas recovery
      4187 22  -  By Kooi Cho Teng SHARES in Singapore ended the week on a more positive note after three eonseeutive days of falls, but pessimism eontinues to rule the market. Moving in tandem with overseas bourses, the benchmark Straits Times Industrials Index embarked on the road to
      4,187 words
Page thumbnail Page 23
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2671 23 OCBC Foreign 1110 >50 -4.7% OLE 7«J*» +50 +6 8% Scmb Shipyard 755 +35 ►4.9* Keppel Corpn 7 I0 30 4.4% Semb Ship Wt 255 H5 *6.2% Fat Lee Finance 185 +13 +7.6% Keppel C Wt 440 -12 2.8% DBS 1140 +10 0»% NOL Pre!
    2,671 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      132 23 shi-J 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. 1 onyChia videotext system in the world. For
      132 words
Page thumbnail Page 24
  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2759 24 Sjmandd Hldus 195 >-35 >21.9% Dunlop tsl CULS 160 14 -9 6% (ianda Hldgs 78 >14 >219% Pedis Flam 525 +5 +10% Umphone Tel 270 >-5 rl.9% PJ De\ Hldgs 76 -> 4 +5.6% Bedford 50* 58 +2 > 3.6% NB r 80+2 +2.6% Ind
    2,759 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      594 24 B U S I N E S S_^LJ^M__E_S_ Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ELPHINSTONE PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) Extract of the minutes of an Extraordinary General Meeting of the
      594 words
    • Advertisement
      Page 24 Advertisements Column 2
      22 24 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertiM your i Appointments or Notices, call toll-free 737-0043 The StraiU Time* 1
      22 words
Page thumbnail Page 25
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market recoups part of losses but caution rules
      5054 25 Bernama WEAKER local sentiment following a free-fall in the Tokyo market led share prices here to a sharply lower close last week. The KI.SE Composite Index fell 15.15 points from the previous week to 571.31, the Industrial Index 32.18 points down at
      Bernama  -  5,054 words
Page thumbnail Page 26
  • BT SHARE INFORMATION SERVICE
    • Article
      DIVIDENDS ANNOUNCED
      1628 26 Current Ex Books Date Total lor Total (or payment date dose payable the year last year Acnu 51 Jun 5 kin 18 Jul 2 51 5« Amtefc En| 50c 6tTE(l) Apr 15 Apt 21 Apt 30 121TE 121TE Asean Ftmd USl(X(b) Mar 10 Mar 20 Mar 30 l£10c
      1,628 words
    • Article
      RESULTS FORECAST
      367 26 Mm Board l»t Frt Year Forecast Ojtt Net Net Profit EPS MC4 Ye* EPS Gross profit Range Range Co«p«i Period test yr ending (cts) *> ($'«N) (Sim) (cts) Tones Pttb t Apr 19 Aug 92 295 10 0 28,013 17 2-37 3 14 1—30 9 SPH I Apr
      367 words
    • Article
      PROPOSED ISSUES
      659 26 Company Rights Issue Aiance Tech One-for-one fe $100 per share B«dford Issue of 1175 lm nominal amount of 551 Bank Guaranteed Bonds 1992/97 with detachable transferable subscription rights (TSR) on the basis of one TSR for every four ordinary shares <a M$0 195 foe each TSR Bottoi Issue
      659 words
    • Article
      OTHER RESULTS DUE
      262 26 Main Beard Last Fafl Tear Cmmtr Parted Mi Iw EPS Cms Net aa—eed ending (cts) drr prefit last year (SS'OOO) EMS Final Nov 6 Jul 91 30TE 17.8781 Tib) Final Mar 28 Dec 91 14 9 9 5 5,056 IMF Final Mar 28 Dec 91 106 60
      262 words
    • Article
      AUDITED RESULTS
      209 26 Company Date Year Group Net Nat earnings Gross ann to profit/loss (L) par share dividend ('000) (cents) Keppel Fin Apr 9 Dec 91 $6,076(55.276) 66(63) H Plaza Apr 7 Dec 91 $10.857($6.933) 2.7(1.7) 3(3) UOl Apr 7 Dec 91 $32,012(540,171) 7 3(96) 6(6) BAT Apr 1 Dec 91
      209 words
    • Article
      INTERIM RESULTS
      485 26 Company Date Half-year Croup pro-tax Intorim ann to profit/loss (L) dividend (•000) H H Leone Credit Mar 31 Dec 91 M$38 558(S19 4 70) 3(4) Burwill Mar 31 Dec 91 HK$14.779(fl 1.169 25(25) Insas Bhd Mar 31 Dec 91 MJ2253L (S5211L) Material H Mar 31 Dec 91 $2971
      485 words
    • Article
      PRELIMINARY RESULTS
      1443 26 Company Date Year Group pre-tax Mat earnings Gross inn to profit/loss (L) par share dividend (•000) (cants) Gentings Apr 2 Oec 91 M$581.499($474.929) 60 8(48 7) 31.5(17 5) Material H Apr 3 Dec 91 $297L($549) -(4.9) NYA(7TE) Hysan Apr 2 Dec 91 HK$805.446( J661.306) 82(68 8) 7 4(6)
      1,443 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 26 In local curr In SS In US$ dy >t Sd) S yr d> >t Apr 9 Index chge chge chge chge chge chge World 369.1 0.0 -9.6 -0.2 -11.2 -0.3 -12.9 iEAFE 435.7 -0.5 -13.2 -0.6 -16.6 -0.7 -18.2 Europe 422.8 0.5 2.8 0.3 -2.2
      369 words
    • Article
      APPROVED ISSUES
      391 26 Company Rights Issue Bolton Rights issue ol 35% Redeemable Unsecured Guaranteed Bonds on the basis of $2 00 nominal amt with one TSR for every three shares held Tit Lee Bank Rights issue of one for five $2 45 per share Two rights issued for one warrant at
      391 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      503 26 Trans Registered Substantial Buy/ Shares Amount Shareholdings Stock Date HoWer Shareholder/Director Sell involved Before Chge After Chge ijni 09/04/92 DOB Group b 255.000 386.345 136.819.000 3100 137.074.000 31 10 Orchard Parade 07 04 92 Far East Orgn Pte Ltd b 1.000 4 700 16.317 880 74 97
      503 words
Page thumbnail Page 27
  • MARKET REVIEWS
    • Article, Illustration
      Right time for London market to do some catching up
      911 27  -  Biggest opinion poll blunder since Edward Heath led the Tories to victory in 1970 LONDON By Ray Heath AT THE END, of course, it was the last poll which counted. London stocks, which had spent three weeks playing ping pong
      911 words
    • Article
      Lock icon Rate cut helps Dow salvage losses
      630 27 But Fed move unlikely to do much else for economy FT gMlllli THE Federal Reserve's decision last Thursday to lower the Federal Funds Rate (the interest rate at which banks borrow from each other) from 4 per cent to 3.75 per cent may have
      FT  -  630 words
    • Article
      ASIAN MARKETS ROUNDUP
      517 27 m SYDNEY AUSTRALIAN stocks finished the week on a strong note after being hammered by shock waves from Tokyo's plummeting Nikkei index, brokers said on Friday. The main market indicator, the All Ordinaries Index, soared 36.7 points on Friday to finish at 1582.0, a gain of 16
      517 words
    • Article
      Lock icon Market dives with plunging bank stocks
      520 27 AFP •^TOKVO TOKYO Share prices on the Tokyo Stock Exchange sank last week to their lowest level since 1987 as bank stocks, long-considered overpriced. plunged on heavy selling. The Nikkei Stock Average of 225 blue chips closed the week at 17,850.66 yen for a
      AFP  -  520 words
    • Article
      Lock icon Index ends virtually unchanged after wild swings
      182 27 AFP HONGKONG HONGKONG Hongkong share prices underwent huge swings in reaction to Britain's general election and the performance on the Tokyo bourse last week, closing slightly higher. The key Hang Seng Index closed at 4,921.11 on Friday, up a negligible 4.41 points or
      AFP  -  182 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      211 27 BUY ONE GET ONE FREE! For power-packed users, we now offer you this attractive package with a 3-YEAR WARRANTY. Backed by a US$3O billion conglomerate. j£9gSfl^^3, Samsung Desk Master 486SX/20 MHz has power and memory expansion capabilities that satisfy h— your computing needs now and 1 tomorrow. It performs... I
      211 words
Page thumbnail Page 28
  • WORLD STOCK MARKETS
    • Wall Street, London stocks rise sharply
      • Article
        INDICES & TURNOVER
        73 28 INDICES TURNOVER NEW YORK Apr 10 Close Previous Dow Jones S&P 500 Turnover (million) 3,255.37 3.224 +30.41 404.29 400 64 3.65 199.53 232.36 -32.83 LONDON Financial Times 30 FTSE 100 Turnover (million) 2.001.1 1.885.7 +115.4 2.572.6 2.436.4 f 136.2 1.295 506.2 +788.8 FRANKFURT DAX Index 1.736.07 1.720.25 +15.82 AMSTERDAM EOE
        73 words
      • Article
        Untitled
        488 28 Other markets in Europe, South Africa and Canada Johannesburg Apr 10 Rand INDUSTRIALS A Alpha 4150 unch AECI %5 +10 AMIC 8000 100 Abercom 125 Amaprop 675 unch BAZ 1300 Barlows 5550 unch Basil Strk 20 Blyvoor 515 +5 CG Smith ***** unch Cnagalo 2650 25 Curfin 715 10 Edgars
        488 words
      • Article, Illustration
        NEW YORK
        1359 28 STOCKS rallied for the second straight day last Friday in heavy trading on the strength of the Federal Reserve's easing of interest rates and a dramatic rebound in Tokyo. But the rally stalled earlier in the day, threatened by profit-taking tied to lingering investor concerns about the economy,
        1,359 words
      • Article, Illustration
        LONDON
        872 28 SHARE prices on the London Stock Exchange soared on Friday following the surprise election victory by the Conservative Party, which wiped out almost all the losses suffered over the campaign on fears of a hung Parliament. The blue-chip FTSE-100 index, which rose 43.2 points on Thursday, shot up 136.2
        872 words
      • Article
        AMSTERDAM
        291 28 SHARES jogged to a higher close on Friday but Amsterdam could not keep pace with London's advance and ran out of breath later on as bonds eased, traders said. Though volume was fair, Dutch shares reflected little glory from the Conservatives' surprise UK election victory and the stunning recovery
        291 words
      • Article
        FRANKFURT
        219 28 THE Frankfurt stock market was firm on Friday, as the DAX spot trend index ended the day and week at 1,736.07 points, up by 0.92 per cent from the Thursday close. The Commerzbank indicator ended at 1,992.3, up 23.3 points. All leading shares gained ground on the day except
        219 words
      • Article
        MILAN
        299 28 ITALIAN shares closed higher last Friday as the firm performance of overseas markets and position squaring ahead of the expiry of options contracts boosted the market. "We tried to follow in the tracks of London and Tokyo, but the rally tapered off towards the end," a broker said. At
        299 words
      • Article
        STOCKHOLM
        159 28 SHARE prices on the Stockholm bourse rose on a wave of bullishness last Friday generated by a Japanese stock rise and a Conservative party election victory in Britain. The bourse general index closed 1.51 per cent up at 965.29 in strong trade of 568 million crowns. The top-16 index
        159 words
      • Article
        BRUSSELS
        189 28 THE Bel-20 index of leading Belgian shares closed up more than 1 per cent, but off the day's highs in slow trading, helped by a late afternoon spurt on a strong opening on Wall Street. The index had surged 1.4 per cent at the opening on global stock market
        189 words
      • Article
        TORONTO
        299 28 TORONTO stocks sustained most of an opening upturn, spurred by a strong rebound in Japan and a Conservative win in the UK elections, to end 0.8 per cent higher last Friday, dealers said. Follow-through from Thursday's Fed funds cut also helped sustain the market. The TSE 300 closed up
        299 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      27 28 The market reports for Paris, Zurich and Johannesburg were not available Advertising and Marketing in Business Times every Thursday Personal Finance Investment in Business Times on Saturday
      27 words
Page thumbnail Page 29
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback rises sharply against mark
      509 29 NEW YORK NEW YORK The dollar ended sharply higher against the mark and Swiss franc and posted smaller gains against other currencies last Friday. The pound was still resilient after huge gains overnight against the dollar and especially the mark. Sterling scored on the surprise
      509 words
    • Article
      Most Asian units up against US$
      742 29 ASIAN CURRENCIES HONGKONG Most Asian-Pacific region currencies made gains against the US dollar during the past week, with some dealers selling the greenback on prospects of a slow recovery in the US economy. The Japanese yen closed the week higher, as did the Hongkong
      742 words
    • Article
      INTERBANK FOREX RATES
      382 29 Cross rates Apr 10 I USS SS MS Dm Yen SFr AS NZS USS 1 6470 2.5450 1.6170 132.10 0.5656 1.4870 1.3106 1.8382 S$ 0.6072 1.5452 0.9818 80.2064 0.3434 0.9029 0.7958 1.1161 MS 0.3929 0.65 0.6354 51.9057 0.2222 0.5843 0.5150 0.7223 Dm 0.6184 1.0186 1.5739 81.69 0.3498
      382 words
    • Article
      Lock icon Sterling could top 2.95 marks, say chartists
      540 29 Reuter LONDON The pound has done enough work technically to extend its post-elect ion gains up to 2.95 marks though its upside potential versus the dollar is more limited with an initial target at around US$l.BO. according to chartists. "Sterling is building for
      Reuter  -  540 words
    • Article
      Lock icon UK rates expected to dip slightly
      445 29 Analysts say Conservative victory will boost confidence Reuter LONDON Despite sterling's surge on the unexpected election win by John Major's ruling Conservatives, there is only a small downside potential for interest rates in both the near and longer term, analysts say. "They'll probably hold
      Reuter  -  445 words
    • Article
      Lock icon Foreign demand drives UK gilts up
      418 29 Reuter LONDON Sterling government bonds (gilts) should push ahead still further this week as hungry overseas investors fill their portfolios in the wake of the surprise victory for the Conservative Party in the general election. "The market's hit a wave now that it should
      Reuter  -  418 words
    • Article
      PRIME LENDING RATES
      500 29 BANKS International Bank (S) 6% Internationale Nederlanden ABN Amro Bank NV 6V» Q 6V» ANZ Banking Group *-J Istituto Bancario Allied Irish Bank PLC 7Vi San paolo q, x onno 7 American Express Bank 7 Kansallis-Osake-Pankki 8'/ 2 Arab Banking Corp 7Yj Keppel Bank (S) Arab Bank
      500 words
    • Article
      FINANCIAL FUTURES
      134 29 COMEX *p f 10 GOLD FUTURES (100 oz) USS/oz Open High Low Settle Change Anr ai U\ 50 342.50 341.00 341.10 1.60 X 341.60 +1.60 j un 343.00 344.20 342.10 342.50 +1 60 U o 345.50 345.80 344.20 344 50 +1.60 Oct 347 80 347.80 347.80 346.50 +1.60
      134 words
    • Article
      MONEY MARKET
      514 29 Interbank rates SS Bid Offer Overnight 3 1/4 3 3/8 1-month 3 1/8 3 1/4 2-month 3 3/16 3 5/16 3-month 3 3/16 3 5/16 Overnight mode: 3-1/8 US$ High Low 7 days 41/8 315/16 1 month 4 1/8 3 15/16 2 months 4 1/8 4 3 months
      514 words
  • Page 29 Advertisements
Page thumbnail Page 30
  • COMMODITIES
    • Article
      Lock icon Gold experiencing bout of seasonal blues: analysts
      437 30 Reuter LONDON Lacklustre gold, shunned by investors, fell to a fresh six-year low last week but it may be suffering a bout of seasonal blues rather than a long-term decline, analysts say. Its safe haven image tarnished, gold failed to trigger more than
      Reuter  -  437 words
    • Article
      Lock icon ICO agrees to start talks on new coffee pact in June
      286 30 Reuter LONDON After protracted discussions, the council of the International Coffee Organisation has agreed June 22-26 would see the start of concrete and initially open negotiations for a new coffee pact, delegates said. "We hope for productive meetings so
      Reuter  -  286 words
    • Article
      Tokyo share slump, Gulf tension affect markets
      906 30 REPORTS ALTHOUGH traders' atten- i tion focused on events on the UK political scene last (election) week, wider-ranging factors like weakness in Japanese equities and rising tension in the Middle East provided the main influences on London commodities markets. A slump in Japanese
      906 words
  • Article
    PRICES
    1188 30 Rubber RAS (fob in bales) S cents/kg Int I RSS Close Apr 6 Closed Apr 7 142.50 Apr 8 140.75 Apr 9 141.00 Apr 10 141.00 MRtLB (fob in baltt) M cents/kg Int 1 RSS Close Apr 6 Closed Apr 7 Closed Apr 8 219.50 Apr 9 219.00 Apr
    1,188 words
  • Page 30 Advertisements
Page thumbnail Page 31
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1136 31 City Flight ETA Right ETD flililiHi SQ228 2050 SQ227 2230 AmstortUm SQ23 0645 KL838 2240 KL831 0940 A than* SQ36 2230 Auckland NZ25 1530 NZ28 1645 SQ288 2035 BA12 2155 Bandar Sari BI421 1105 SQ182 0915 Bagawan SQ181 1410 B1422 1205 B1429 2030 B1430 2125 Bangkak
    1,136 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Paradise in a forest village
      660 31  -  LETTER FROM THE NETHERLANDS SJFS£S By Richard Gilbert IN 1967, Piet Derksen, the Dutch founder and chairman of Center Pares, had a vision of the ideal holiday experience. It would be, he said, "a holiday the weather couldn't spoil, with every imaginable facility built in,
      660 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      153 31 As at 3pm on Apr 10: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2534 1.273 Canadian dollar 1.3726 1.4005 NZ dollar 0.8869 0.9048 Sterling pound 2.9088 2.9483 US dollar 1.6450 1.6520 Local dollars to 100 units of foreign currency Austrian
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      65 31 Duration Title Venue Organs Tel Duration Title Venue Organise Td cj 1 17«*11 viav 11-15 Electric Power Graz. Austria Grazer Messe (43)316/***** April-May International Fair Buenos Aires. Interexpo Power International on Construction Argentina Sudamencana SSEE. at ena s SA Exhibition M*»* Predio Ferial Machine Tools «»> SSL*
      65 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      45 31 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe ban ftirt to Pinniih.
      45 words
    • Advertisement
      Page 31 Advertisements Column 2
      24 31 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
      24 words
    • Advertisement
      Page 31 Advertisements Column 3
      81 31 DEBORAH r iiiri%ii|irT- A former champion swimmer, jr an actress, a businesswoman, a fitness coach, a television 1 aerobics personality, a mother I of two and owner of chain of '<*•# M health clubs... f That's Deborah Philips, M an Australian Chinese who's done fitness videos in Mandarin %1' I
      81 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      232 31 I What irritable people do to a vote H 9 What match players may 1 10 I happily or unhappily finish LJ aHI i|H 10 Superheated gas in the I I I ihJ ""■BJ"""1hH~"lHI^ L—J— ■■B" II Organ pedal needs an explanatory comment (8) fighters IHI iHf Vtf 14 An
      232 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      154 31 Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 32 Assoc humidity 68% Minimum temperature 25.9 Assoc humidity 96% Hours of sunshine 2.05 Rainfall in mm Trace Rainfall this month 124.4 Rainy days this month 7 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/02 Cloudy Bangkok.. 38/27 Clear
      154 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      13 31 .U-J.U-LWW4 —s n&*> fwy vy.e£P ftypryeasnne IJ-S4. —I C ASSOCIATED NEWSPAPERS LTO.. IM2-IM2
      13 words
Page thumbnail Page 32
  • Article
    Lock icon Major's Cabinet blends experience with fresh faces
    698 32 Hurd and Lamont retain former posts Reuter LONDON British Prime Minister John Major unveiled a new Cabinet on Saturday, blending experience with fresh faces to implement his plan for a "classless society". Mr Major, whose Conservative Party defied the pundits and a deep
    Reuter  -  698 words
  • Article
    Lock icon Lloyds Bank likely to make bid for rival Midland
    350 32 FT LONDON Lloyds Bank is likely to make a bid for its rival. Midland Bank, if Hongkongßank does not offer enough for Midland in its takeover attempt, sources close to Lloyds said on Friday. An adviser to Lloyds said it "stands
    FT  -  350 words
  • Article, Illustration
    Lock icon Bid to end Russian govt deadlock
    540 32 Move follows political blow to Yeltsin and reform policies Reuter, AFP MOSCOW Russia's reformist government teetered on the brink of resignation yesterday. It met to review tactics after a week of wrangling with the Parliament produced a setback that ministers said could jeopardise their
    Reuter,; AFP  -  540 words
  • Article
    Lock icon Russian computer industry comes alive
    562 32 Western companies report booming business, firm orders Reuter MOSCOW The former Soviet Union may be deep in economic crisis, but the computer industry has not heard the news. The main message to come out of a Moscow computer exhibition last week was that business is
    Reuter  -  562 words
  • Article
    Lock icon Overseas investment by Taipei firms down 62.5pc
    300 32 AFP TAIPEI Taiwan's overseas investment registered a sharp drop to US$2BO million (***** million) in the first quarter of this year, a slump of 62.52 per cent over a year earlier, the island's Investment Commission said yesterday. Taiwan approved 90 overseas investment projects
    AFP  -  300 words
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      60 32 CHARTPOINT Every Saturday in Business Times UK stocks seen to test record, high on election news, Pg 6 Steady does it, Pg 12 Right time for London market to do some catching up, Pg 27 Sterling could top 2.95 marks, say chartists, Pg 29 UK rates expected to dip slightly,
      60 words
    • Advertisement
      Page 32 Advertisements Column 2
      223 32 CHARTPOINT Every Saturday in Business Times 1 lam 21st May, 1992, Terrace Ballroom, Hyatt Regency Hotel Perth Jf MAa pEm WESTERN AUSTRALIA 87 76sqm development site over >■ 33 RAILWAY PARADE. m on the fringe of West Perth. Perth City GuHd.ord Rd «ne* J and Northbridge to SU bway-oider-style series
      223 words
Page thumbnail Page 33
  • Shipping Times
    • Article
      UASC combines Europe and Far East services
      386 33  -  13 ships to be deployed on the fixed-day weekly service By Juliette Walker SINGAPORE The United Arab Shipping Company (UASC) began a new pattern of containerised service between the Far East and Europe via the Arabian Gulf in March. The carrier, a joint
      386 words
    • Article
      Lock icon Japanese dockers to strike on Sundays
      156 33 Reuter TOKYO Japanese dockers were to reduce a partial strike to a minimal stoppage yesterday after a wage agreement last week, union and management officials said last Friday. Dockworkers will continue to strike on Sundays for better benefits, said officials of the National Council
      Reuter  -  156 words
    • Article
      Lock icon Glass bubbles a cheap tool for cleaning up spills: experts
      413 33 NYT SAN FRANCISCO Using materials like white paint pigment and microscopic glass bubbles, it may soon be possible to clean up huge oil and chemical spills quickly and relatively cheaply, chemists said last Thursday. Comparing their results in combating pollution
      NYT  -  413 words
    • Article
      Lock icon Rome subsidised sultan's yacht: reports
      198 33 AFP ROME The Italian state gave USS3 million (SSS million) in subsidies to a shipyard to help build a luxury yacht for the Sultan Qaboos of Oman, according to an Audit Office report, Italian newspapers said last Friday. The finding came after a long-running scandal
      AFP  -  198 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1186 33 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
      1,186 words
    • Article, Illustration
      US' busiest containerport reports lacklustre year
      428 33  -  By Juliette Walker SINGAPORE Reflecting the general US economic downturn, the Port of Los Angeles reported a slight decrease in container handling activity for last year versus 1990. Overall container volume for the vear slipped 3.7 per cent to 2.038,363 TEUs (20foot equivalent units)
      428 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        9.9pc toll rise planned for Panama Canal
        98 34 WASHINGTON The Board of Directors of the Panama Canal Commission has approved a proposal to increase tolls on the canal by 9.9 per cent, effective Oct 1. A statement issued here said the commission made its decision at a meeting on Thursday held
        98 words
      • Article
        Through rates to Germany, E Europe
        79 34 SINGAPORE US-based Direct Container Line (DCL) has begun offering through service from the US to all points in Germany and Eastern Europe. The company will leverage off its newlv appointed agent in Germany, Hermes Shipping Transport, to quote the door-to-door rates. DCL, a no
        79 words
      • Article
        Korean boat explodes in Cebu
        91 34 CEBU One man was killed and 13 others were injured when a Korean-owned fishing boat exploded and caught fire while docked in Cebu harbour in the central Philippines, fire service officials said on Saturday. The Samson Venture, a steel-hulled boat whose markings showed it came
        91 words
      • Article
        Conrail freight train derailed
        54 34 NEW YORK Consolidated Rail Corp said one of its freight trains derailed in upstate New York. No onewas injured in the pre-dawn derailment of 11 cars of a 90-car train in Barrytown, the company said. The train, carrying stone, was travelling north to Selkirk, New York,
        54 words
      • Article
        US cruise firm extends merger bid
        47 34 NEW YORK Regency Cruises Inc said Rainbow Cruises Inc extended its revised merger bid to April 27. The company said it hired Chemical Bank as investment banker. The bid was made on March 12. Regency develops, markets and operates vacation cruises.
        47 words
      • Article
        LEP adjourns EGM on loan rise
        80 34 LONDON Freight forwarder LEP Group pic said an extraordinary general meeting to approve a temporary increase in its borrowing powers was adjourned until May 1. A company spokesman described the adjournment as nothing out of the ordinary. The company is seeking to boost permitted
        80 words
      • Article
        Medical firm plans new stock firm
        40 34 OSLO The board of Norwegian medical firm Hafslund Nycomed said it was proposing to change the share allotment ratio under a plan to demerge its shipping activities into a new stock firm, Hafslund Transport.
        40 words
    • Article, Illustration
      Lock icon From ugly duckling to star
      1183 34  -  Ferdinand Protzman looks at how Opel was transformed from a loss-incurring operation with a dowdy image into a flourishing modern enterprise by parent General Motors Ferdinand Protzman NYT WHEN the 1 9 8 0 s dawned, Adam Opel AG seemed to be speeding along the
      NYT  -  1,183 words
    • Article
      COCKETT BUNKER MARKET REPORT
      783 34 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      783 words
    • Article
      THE SHIPPING GUIDE
      11169 42 This is a list of ships loading at Singapore tor 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
      11,169 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        553 49 Vewel Voy No Berth Arrival Departure I Veis« Voy No Berth Arrival Oepartirt Marina Terminal 1 Tun MuP 01/92 a onfeS^ e c {j 7 Kalimantan 1 10/92 MO2 ak)ng$Kje 12 04 2300 Us Cleveland 3 92 SOI 304 0 00 BatamMurn. *****A M04 1304 1000 1404
        553 words
      • Article
        CONTAINER SCHEDULE
        1604 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Containers ay»tobte Ship *oy *> Contain iviiaMe 77 tqc 1104 92 0625 Ned Rouen 2108S COO(EST) 12.04.92 1500 EE" m 04 92 0800 Kota RaKyat 151 COO(EST) 12 04 92 2000 Z 04 92 0800 Kuala Siak 5 S»60 COO(EST) 12.04
        1,604 words
    • Article
      TRANSPORT DIARY
      967 50 Apr 16 (3.15pm-5.00pm): TeaTalk on "Shipping with Vietnam" by Mr Le Kha, Ist VicePresident of Transport. Communications Post, Vietnam, at the Amara Hotel, organised b> Singapore National Shipping Association. For registration and more details, please contact SNSA at tel: 278-3464 or fax: 274-5079. May 8 (1 day): Implementing
      967 words
    • Article
      DAILY FREIGHTS
      565 50 DRY CARGO freight rates weakened further due to slaek demand and surplus capacity, brokers said on Thursday. The Baltie Freight Index fell six points to 1,143. Routes from the US to Japan lost further ground with the Gulf/South Japan heavy grain route marked down to U5519.78. from a
      565 words
    • Article
      Lock icon Japanese airlines not so keen on super jumbos
      472 52 Reuter TOKYO The world's two biggest aircraft makers are developing super-jumbos with up to 800 seats, with the three Japanese airlines as major potential buyers but Japan may buy only a few. The airlines might not buy more than a handful because
      Reuter  -  472 words
    • Article
      Lock icon BAe to sell control of corporate jets unit
      427 52 FT LONDON British Aerospace last Friday put up for sale a majority stake in its profitable corporate jets business. The move is part of a rationalisation strategy designed to focus the group on its core defence and aerospace activities. To facilitate the
      FT  -  427 words
    • Article
      Lock icon Rolls-Royce pioneers deal with Russian aircraft firm
      278 52 FT MOSCOW Rolls-Royce will provide engines for a new Russian passenger aircraft under an ambitious manufacturing deal concluded last Friday which could bring the L K aero-engine manufacturer about £490 million ($1.4 billion) worth of business over the next decade. The agreement, signed
      FT  -  278 words
    • Article
      Lock icon Thomson's offer for LTV units accepted
      267 52 AFP NEW YORK A federal bankruptcy judge last Friday accepted French defence group Thomson-CSF's US$45O million (***** million) offer for the defence operations of LTV Corp, which had been under bankruptcy protection. The ruling by Judge Burton Lifland marked a defeat for US firms
      AFP  -  267 words
    • Article, Illustration
      Lock icon Airlines shift focus on new in-flight amenities
      719 52 Average passenger spends about US$75 a flight NYT EAGAN, Minnesota Although the airline industry's attention right now is riveted on simplifying fares, filling seats and turning a profit, some executives are still r thinking more about the fu- ture. At Northwest Airlines' h
      NYT  -  719 words
    • Article
      Lock icon Greater foreign financing in airlines urged
      185 52 Reuter MONTREAL Governments are reluctant to let foreigners take too big a stake in their flag carriers, but airlines cannot turn away foreign investment if they are to survive these turbulent times, aviation officials said last Friday. At a week-long conference hosted by the
      Reuter  -  185 words
    • Article
      Lock icon Air France and Sabena sign partnership deal
      215 52 AP BRUSSELS Belgian national carrier Sabena and Air France signed a partnership accord last Friday which mainly aimed at rescuing the ailing Belgian company. Air France and Sabena said the agreement would enable both airlines to reorganise their operations around air travel hubs
      AP  -  215 words
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      18 33 LlNt and MrvteM rtprtMntMl MMkrt 11 the Registry «f Accrrtltwl for advertising enquiries, contact Shipping limes Tel 740-2089/740-2090
      18 words
    • Advertisement
      Page 33 Advertisements Column 2
      122 33 THE SPECIALIST IN: Wire Rope Slingt Lashing fTWJienara nmNG j8 FACOJftES fjHT t Lifting availabus^^ ]|f|[ DfTQULUDNE SUPPLY CO. (PTK) LIDI tcl mm n lme» Tut mcco m mb fax mmr fc* ia]Kf^MiiWA^»Aaailll >■ Aatfi■ T/ r XK" IS STILL HERE MOL's New Alligator Service to North America is bigger
      122 words
    • Advertisement
      Page 33 Advertisements Column 3
      27 33 Cockett Report Container Schedule 17 Daily freights 18 1 Shipping Guide 10.11 Ships m Port 1' Singapore Tdes 1' Transport Diary M Weather and Sea Conditions 1'
      27 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      87 34 FOR SUCCESSFUL MANAGEMENT OF YOURBUfJNESS 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 look at successful
      87 words
    • Advertisement
      Page 34 Advertisements Column 2
      93 34 We Joo Tat Shipping Pie lid owners of the following vessels will like to announce that with effect from 15th April 1992 M/S» CAHAYA SAMUDERA SHIPPING (PIE) LTD ore no longer our Agents ond have no right to transact any business on our behalf. I.MV. SENTOSAJAYA 2. MV. SENANG JAYA
      93 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      2192 35 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: All If# BOOKINGS TEL. *****34 *****58 tlllHW TERMINAL/CFS TEL: *****18 220 T EQQQQ f l PESAKA JARDINE SHIPPING AGENCIES SDN. »HO LVflflfJ PORT KELANG TEL *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Mppvpaßß Dedicated to Quality
      2,192 words
    • Advertisement
      Page 35 Advertisements Column 2
      1600 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT f UNITED IMB SHIPPING (SAG/I //B VSL/VOT I SirT" WYC Ml o*f SA¥ 1 MWH I 2/1 VI VI J/} I AL KHkfl V) I l/S 12/1 IVI 15/1 17/1 I a UMIMH
      1,600 words
    • Advertisement
      Page 35 Advertisements Column 3
      1380 35 mamsssassm. NEXT SAILINGS TO USA AXEL MAERSK V.9206 ETA SIN 14/4/92 MADISON MAERSK V.9204 ETA SIN 14/4/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Cepe Bonawtta/ Arte* This week Madison Maertk 9204 CY 14/4 0800 MRS Port fIH fIHIHH CFS 13/4 2359 MRS Ketonfl Penang O AK LOB HOU MEM
      1,380 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1297 36 i _r RDAM/ VOY NO S PORE JEPDAH SHAMTONHBURG ANT LE HARVE MONTE ROSA 18/115 16/4 25/4 9/5 5/5 4/5 IBmUhI ELBE 10/315 19/4 6/5 8/5 /5 IZ/5 ~AU IK9TBOUND KAMAKURA 22/116 23/4 2/5 6/5 2/5 1/5 KO.AN6 PCNAN6 KITANO 13/316 26/4 13/5 15/5 8/5 i»/3 CRiffl TO UH/COHTMCNT TOKIO
      1,297 words
    • Advertisement
      Page 36 Advertisements Column 2
      615 36 SEASPAC SERVICE COHTAIHEKI U BKEAKBULK DIRECT SOOTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 3507E8 27-29/4 10/5 13/5 17/5 A VSL 27-30/5 9/6 14/6 20/6 Transit Time 1(13) (161 (22) AISO ACCEPTING CARGO WA SUVA TO LAUTOM. PAGO PAGO, APIA, NUKUALOFA P VHA FASTEST SERVICE TO CHUE/PERU SIN
      615 words
    • Advertisement
      Page 36 Advertisements Column 3
      1071 36 1 2>£M REGULAR INDEPENDENT FULL CONTAINER SERVICE ACCEPTING LCL NEXT SAILING: 'SL FREEDOM' 9207-3 ETA SINGAPORE 23 APRIL '92 ITALY VENICE/TRIESTE/ANCONA EGYPT ALEXANDRIA/PORT SAID TURKEY IZMIR/MERSIN GREECE PIRAEUS MALTA VALETTA SLOVENIA KOPER FOR BOOKINGS, PLEASE CONTACT MISS S. C. TAN *****83 GENERAL AGENTS: BANGKOK FtS SEE?' I ,S) PTt LTD
      1,071 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1918 37 W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanlord Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS OU€ SAILS CARGO SPORi BKOK STRAITS VENTURE ¥09E Muara lab. KK 13 Ap» 15 Apf ESHBRUGGI V 06N 15-16 APR 19 20 APR RAIAH BROOKE VO9E Muau. lab. KK 14-15 Apr
      1,918 words
    • Advertisement
      Page 37 Advertisements Column 2
      2095 37 v SINGAPORE AGENT: PAYltoiflAfC PAO Containers (Singapore Agencies) Pte Ltd X VjUllldlllvl 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 V CR Number **********0Z EXPORT IMPORT VESSEL VOV -PMG -PKO MN ALG SOU AWT WOT
      2,095 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      561 38 "ft' tfJMUffllll CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY S POHt IDAM ADAM HBURG BREMEN ANTWERP SWWAYA 34W8 25 4 29 b 3 6 7/6 10/6 KITM/2MB lib 28'6 3/7 7/7 10/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subiect to Inducement. Alto accepting cargo to Casablanca,
      561 words
    • Advertisement
      Page 38 Advertisements Column 2
      1125 38 HANJIN SHIPPING^ FDd VSL ma* Io B Wb BAY 205 C KM 03H 21/5 »/5 31/5 I SSSSSS ifINMFtCH M7E 6 WRECT W* 1 HANMH CHEJU 0«1E 27/4 M fROMMtNCE 022E 4/1 5/6 7/6 I HANJIN LONGBtACH 037t /b. 4 uklli hanhn KMANfiVANG 08&f 4 b HJ NY 040E 11/§
      1,125 words
    • Advertisement
      Page 38 Advertisements Column 3
      1019 38 —11J —I T r-1 I, sr. !f; f. ff. ft r 7, 7, E "j IT: ST* E2?!s I |iE-:% t? 3111 wsi a? si! sisi «si stsi si r, is« %*z z z I ■I) PHOWDtNCt It MM SAVANNAH BOS lON PH4AMIPHA NOfttOU MCKHNMU. J) MONIWAI lOWWO WA I
      1,019 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      1778 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 TERMINAL OFFICE *****22 FAR EAST SERVICE *****31 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****89 EXPORT CFS MB2 *****53/*****50 SERVICE iSiSSZ NEPLINE SDN BHD MALAYSIA mm K.L (03) *****33, P Kelang-(03)
      1,778 words
    • Advertisement
      Page 39 Advertisements Column 2
      1118 39 m 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 EASTBOUND —DtSCHJWGING WESTBOUND—LOWING TRMCHPPED VIA ROTTERDAM «SSUS ior
      1,118 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1473 40 o 4t M AS AGENTS: KAWASAW SINGAPORE (PTE) LTD (CR No: **********0 M) v w TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/B^9 14 1 H MALAYSIA: "K" LINE MARTTIME (MALAYSIA) SON BHD M V X a J TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,473 words
    • Advertisement
      Page 40 Advertisements Column 2
      1116 40 PHILI OMCNT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69^*****00Te1ex: R*****0FAX:*****76 *****38 cr£b BY AIR, LAND OR SEA.... 3&L WE TAKE ON THE WORLD FOR YOU U MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 16 APR sydne Y MELBOURNE. BRISBANE. FREMANTLE
      1,116 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      1575 41 PACIFIC INTERNATIONAL LINES (PTE) LTD *****5? M fIV 140 Cecil Street, #03-00 PIL Building, Singapore 0106 Tel: *****33 "cRMQ^MMraMI IJAKARTA 113 IfANQKOK J, VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN EQUATOR CRYSTAL 87N 14/4 17/4 21/4 BUNOA TERATAI 153 17/4 20/4 23/4 KOTA SURIA KSR2I4 18/4 21/4
      1,575 words
    • Advertisement
      Page 41 Advertisements Column 2
      721 41 EacßenV I IST1 ST CLASS CONTAINER TRANSPORT rrrrrp vrssri PfNANf, PKELANG I OCEAN VSL'VOY T"' SIN SOU Hi RTM (2l MAM -3) GOT ;4> ANSON TBN IOM 11/4 BENAVON 2142 14/4 K5 4/5 6/5 ANSON TBN 17/4 18/4 JUTLANDiA 2152 21/4 B£s 10-5 11/5 13/5 ANSON TBN 24/4 25/4 SELANQIA
      721 words
    • Advertisement
      Page 41 Advertisements Column 3
      286 41 'mm MYANMA pBBk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P.Gdf MERGIH Vll3* 15/17 Apr In Port PAGAN *111* In Port HPA AN VI76N 15/18 Apr MYOMAYWA VI4IW 22/24 Apr PAGAN VIS2W 30/1 Mar THE BANK LINE i A service of Andre*
      286 words
Page thumbnail Page 42
Page thumbnail Page 43
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      2487 44 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: *1 fiaM fii/M Shipping Sdn Bhd Chant Chiao Shipping S4n Bhd p. J. Global Putra Indonesia Maritime General Agents: Booking Agents: General Agents: Booking Agents bS Penaim Rata Muds Musi Jalan Horn! Hdtr J,w W /M Yick Fung
      2,487 words
    • Advertisement
      Page 44 Advertisements Column 2
      353 44 SAMUDERA INDONESIA (S) PTI LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 R*****0 T«l: *****81-3 Fas: 22S 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 956 IN PT 15/04 (WED) DERAJAT 979 15/04 (WED) 17/04 (FBI) MERKUR DELTA 918 14/04 (TUE)
      353 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      627 45 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLA2A, s PORE 0207 HOT LINE *****33 24 LINES GUARANTEED 3 TIMES SAILING WEEKLY LCL SERVICES FROM KOBE OSAKA TO SINGAPORE VESSEL NAME VOY NO EX KOBE EX OSAKA ETA SIN C. CARRIER "A WjM "/04 25/04 SgfS,' a am WM
      627 words
    • Advertisement
      Page 45 Advertisements Column 2
      1561 45 RICHFIELD MARINE AGENCIES (S) PTE LTD ■ftTQ a tel: *****33<12 liims) i\fi m FAX: *****15/*****03 jflj TELEX: RS ***** RI3H.P (3 L.n>.) BANGKOK I irSA ETHIOPIAN SHIPPING LINES j |fe= K L. ,3/« 1 (National Lines of Ethiopia) H I im i, /0 4 22/0* nania bhum »sw w«d 15/04
      1,561 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      1273 46 MAC-NELS S'PORE PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 2 j£250 Ino^RAY^ 9 I P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA. (31) *****0 COIOMBOS. AIRICA PEN PK SIN PEN PK SIN Colombo 20/4 21/4 22/4 1 20/4 21/4 22/4 ldn/Fl*/Rdm/Ant Durban/Pt Louts 23/4 24/4 25/4 19/4
      1,273 words
    • Advertisement
      Page 46 Advertisements Column 2
      268 46 'tegfc blue star line TO FROM D/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPt AKI IYT SIN MUIBfRA 27$ 13/4 24/4 NPt 2«/4 U/5 AUST STAR 0518 21/4 3/5 Vl* J*t 5/5 22/5 PROSPfCT 18S 3/5 15/5 VIA NPt 17/5 3/« FULLY CONTAINERISED
      268 words
    • Advertisement
      Page 46 Advertisements Column 3
      1088 46 THONG SOON LINES PTE. LTD. r 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO i **********5 I container wßvtcet SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOV ETA IPEST VESSEL VQT SPOtE
      1,088 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Page 47 Advertisements Column 1
      741 47 Shipping Tiiues, Monday April u i"' Ww. COMPANIA PERUANA nEkx de vapores "PERUVIAN STATF. LINE" ACCEPTING BREAKBULK FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, HO* OTHER PERUVIAN PORTS* WITHT/S AT KOBE ON CPV THROUGH BILL OF LADING VcjV "EVERETT ORIENT LINE" JAPAN BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA,
      741 words
    • Advertisement
      Page 47 Advertisements Column 2
      510 47 lICZ3Z I MGSJII' I N.AMERICA/CARRIBEAN SERVICES I itssn vo7" SIN MAINLIWR vo> 1*» S> ?!L_ IL_ I I £stz Si ml OUOL—_ J**I nil HAlf 721 6/5 m AMERICA 7E lii_ 12ZS_ liii- £Li_ Z I»7I Is KS O u)i M li** hi Ih.«.EX: I Acc»ptn| c»t* t* Mind USA
      510 words
    • Advertisement
      Page 47 Advertisements Column 3
      590 47 MULTI-MODE SHIPPING PTE LTD j MIDDLE-EAST/PERSIAN GULF SSfL ACCEPTING FCL/LCL DUBAI I 'AMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU OMABI r 6" BANDAR ABBAS ItDDAH Q SHA FAR EAST ACCEPTING FCL/LCL PtNANC, P KUANI, lAKAHIA BANGKOK HONG KONG TAIWAN lAPAN MANIIA KORtA |MW UK/EUROPE 1 YUH ACCEPTING FCL/LCL LONDON TEUXSTOWf IKDS
      590 words
    • Advertisement
      Page 47 Advertisements Column 4
      574 47 ASEAN/CHINA SERVICES RQ l SGP PR PNG P GUOANG KTN FOR 21/04 DALIAN QINGOAO I J AN 05,05 WANGPU. SHANGHAI I MAORAS/COLOMBO/BOMBAY/KARACHI SERVICES I SGP P« PNG YANGOON KTN FOR ll' «G 70/04 MADKAS COLOMBO I H 02/05 MAOMS/COLOMBO I NGAPORE/MADRAS/SINGAPOREFCUia SERVICES I SGP MOS I 15 16 04 21-23/04
      574 words
    • Advertisement
      Page 47 Advertisements Column 5
      411 47 SIN m EAST 19/4 KEELUNG/KAOHSIUNG 18/4 BANGKOK 17/4 MANILA/CEBU 21/4 JAKARTA/BELAWAN/SURABAYA 20/4 PORT KELANG/PENANG/E. Malaysia 20/4 BUSAN 19/4 TOKYO/YOKO/KOBE/NGO/OSA 19/4 HONG KONG SHI CHUM 19/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 18/4 LDN/FLX/LVP/SOU 18/4 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN USH/CMAM 20/4 LOS
      411 words
Page thumbnail Page 48
  • Page 48 Advertisements
    • Advertisement
      Page 48 Advertisements Column 1
      856 48 /ST FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA j VSL SIN/MADRAS VSL SIN/CALCUTTA SM MA* SIN SIN CM SIN NIX I AVM.ABIE 06 07 04 12 14 04 20-21 04 Nt*l AVAHABtt 06 07 04 13 16 04 22 23 04 13 14/04 1» 21,04 27 2« 04 13 14
      856 words
    • Advertisement
      Page 48 Advertisements Column 2
      443 48 EontermJ CONTKKM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— JAKARTA 16 APRIL BANGKOK 19 April FREMANTLE 16 April EUROPE 18 April GOTHENBURG 19 April PENANG 20 April PORT KELANG 20 April AUCKLAND 21 April MELBOURNE 15 April SYDNEY 15 April 235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang:
      443 words
    • Advertisement
      Page 48 Advertisements Column 3
      582 48 This Week's Sailings F I D T FT I) To: Singapore Singapore Rotterdam iu hi 01 Bangkok 19.04.92 Antwerp 18.04.92 Los Angeles Port Kelang 19.04.92 (Onforwarding To Mid West/ 19.04.92 u.i kiuqi East Coast ex-"" Port Louis 2>.04.vz Of LSA) Tel- Fax: —il Singapore 778 6522 779 2738 Calhryn Wen
      582 words
    • Advertisement
      Page 48 Advertisements Column 4
      474 48 r**— MANILA ETA jOUR PACIFIC 60NB 11/4 SOUR SINGAPORE 24N8 18/4 BANGKOK 11/4 18 4 BUSAN 13:4 20 4 I HONGKONG 12, 4 22 4 DURBAN PI LOUIS 25 4 6,5 KEtLUNG 13 4 20 4 USA 13/4 20 4 PI KUANG 14 4 18 4 KOBE 12/4 19 4
      474 words
Page thumbnail Page 49
  • Page 49 Advertisements
    • Advertisement
      Page 49 Advertisements Column 1
      10 49 Managers must manage. I BT shows you how every Monday.
      10 words
    • Advertisement
      Page 49 Advertisements Column 2
      124 49 vQc vQc vQc vOc vOc vOcvOf PREMIER CARRIER > Q RELIABLE SERVICES Q o COMPETITIVE RATES o ?3 BARGES OPERATION TAILORING TO YOOR NEEDS Q SINGAPORE BATAM X a ENQUIRY BOOKING: /L, Q V *****01 ktwL > Q ™l-UUIUJIMUJIMUMIHf Q >, WEEKLY CONSOLIDATION SERVICES TO EUROPE, USA AND FAR EAST
      124 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      459 49 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 *****400 *****(00 **********00 *****100 2200 2300 ft 15 14 13 14 16 19 22 25 26 25 22 18 13 10 0 7 06 0 7 09 13 18
      459 words
Page thumbnail Page 50
  • Page 50 Advertisements
    • Advertisement
      Page 50 Advertisements Column 1
      214 50 IPmiTIMATE FREIGHT SERVICES 11 ifiisißaaasißßsaiauEßHaEß AUSTRALIA --port. IB* -to* NZ 41 ports HK feefadnf Cite CANADA Canary, Edawrton, Montreal, New OrmiMCfc, BANGKOK t^TW tun« _hrtLl EUROPE tahmp. Hmtm. Imrtw hwtß'Ha'. PACIFIC ISLANDS Swe. laotoka, Fekxstewt, London. Le Hwrt, Hantiev Pom. Lae, frpwtofm StocUwta. hpHtt, Noumea AFRICA -Durban, ?T«w» tftofc Pretoria,
      214 words
    • Advertisement
      Page 50 Advertisements Column 2
      372 50 Don't miss Personal Finance Investment in Business Times every Saturday i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/04 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: TRANS ASEAN 15/04 20/04 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN
      372 words
    • Advertisement
      Page 50 Advertisements Column 3
      358 50 MEKtYLCI CffISOUMUQN j wm WVT* W\ BEIJING CHANGCHUN CHANGSHA "111 A T \Z Til/ Vf"l I I CHENGDU# CHONGQING •FUZHOU ■|m I V II ml VI II \guiun harbin kumming xian rn v U|4 I nanning •quanzhou«shemou I Iml A I |m 111 SHENYANG SHENZHEN WUHAN JlLl J IIiVJUIJUL/ JSksssla
      358 words
    • Advertisement
      Page 50 Advertisements Column 4
      185 50 _'MMCO emiratesJ DESTINATION NASR VOY2W APR-10 APR DUBAI NASR VOTZW APfl-23 APR DUBAI YUSR VOY 1W 10 MAY-15 MAY DUBAI Other Persian Gult Ports Subiect to Inducement —S'pore: Seacross Shipping ft Chartering Pte Ltd Tel: *****51 Fax: *****70 Tlx: ***** SECROS Dubai: Galaxy Shipping Agency AO H 9 Te| 2
      185 words
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Page 51 Advertisements Column 1
      844 51 ipping limes, Monday April 13 IW2 HYUNDAI MEBCHAWT HfIRINE M. LTD- I PACIFIC south-west service I I —vox p*t* m ibh k m —11 H COMMA*** 33t 25/03 27/03 03/04 10/04 27,04 30/04 30/04 30/04 01,05 0U» 03/05 I I K nOKER 4S£ 01 04 03/04 004 17 04 04
      844 words
    • Advertisement
      Page 51 Advertisements Column 2
      561 51 f77mfl3fHT7Hf!TSnixsuUli I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I 1 INBOUND VESSELS I 1 I VESSf l NT SF t "N I IMU Al *0(1 22 *0 1,4 I I APfLAtSt I SIO ll'* I I THAIS UTO «PT M/« Ml H/« I I COSMIC TKAOCI
      561 words
    • Advertisement
      Page 51 Advertisements Column 3
      650 51 EXPORT TO; ■IflH JEDDAH/UK/CONTINENT [sTOkIm S TON H**6 ADAM LEH AN. Acc*t*t C"t« MONTE ROSA *11/115 14/4 25/4 11/5 V 5 4/5 S«rthiir»ton ;toal W d««"»£" Mm H**lHls 19/4 4/5 4/5 11/5 12/5 South-*** finto*** KAIMKURA 22/114 23/4 2/5 14/5 12/5 11/5 *•«•*»> =to Km« 0» 13/314 24/4 U/5 15/5
      650 words
    • Advertisement
      Page 51 Advertisements Column 4
      123 51 MAS SHIPPING PTE. ITO. 39 NEIL ROM) SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER I FAX: *****64 ACCEPTS PORTS Of STORE CARGO DESTINATIONS MERCURY PEARL VOTE 14-15 Apr 0 BIN TANG SERtA VO9E 14-15 ">»», Bin,u u MERCURY JADE VOTE I*l9 M °*Y Muara. Uta-"..** BIN TANG BELAIT VO9E 19-20
      123 words
Page thumbnail Page 52
  • Page 52 Advertisements
    • Advertisement
      Page 52 Advertisements Column 1
      173 52 M:\i. g I You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now. The Straits Times WEEKLY OVKKSCA9 10ITI0K N Making an issue of the major issues 1 1 Name: AIRMAILSUBSCRIFnON RATES I /ilihl OMrtfyWwdpwO
      173 words
    • Advertisement
      Page 52 Advertisements Column 2
      40 52 Your son is studying overseas. And you want him close to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report.
      40 words
    • Advertisement
      Page 52 Advertisements Column 3
      54 52 Someone dose has beenlving in Canada for some years. You've given up witting those long letters. The Straits Times Weekly tells It better. (He might comeback after reading ail the good news.) You travel often on business and want to catch up on your return. The week's main issues are
      54 words
    • Advertisement
      Page 52 Advertisements Column 4
      57 52 I fck yj I i Mk jMMMMH^^BmK1IIU^BilHL^^BM||^^MJ| jfjil Enquiries Welcome J" Shippiwg Services J 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 i I U/~\ r T
      57 words