The Business Times, 16 April 1992

Microfilm: NL18194
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    20 1 Business Times MITA (P) 35/12/91 Thursday, April 16, 1992 I lIE Hi SI NESS PAPER lOR S-E ASIA 75* I
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  • NEWS SUMMARY
    • Article
      World agrees on quicker ban on ozone-eaters
      74 1 GENEVA Hie world now agrees on the need for a much quicker phase-out of chemicals blamed for destroying Earth's protective ozone layer, the UN's top environment official said yesterday. There was agreement they should be banned by 1996 at the latest, UN Environment
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    • Article
      Afghan base controlled by guerillas, defectors
      40 1 KABUL A major Afghan air base captured by rebel forces is in the grip of fighters loyal to legendary guerilla Ahmad Shah Masood and government troops that have defected, ruling party sources said yesterday.
      40 words
    • Article
      Condition for loan
      29 1 THE African Development Bank will consider financing South Africa the moment a non-racial, multi-party interim government is in place, according to president Babacar N'diaye Page 2
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    • Article
      Fair appraisal
      33 1 THE Stock Exchange of Thailand plans to set up an independent body to appraise the value of quoted companies' assets to ensure fair prices in mergers, acquisitions and takeovers Page 3
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    • Article
      Launch moved forward
      49 1 THE US Department of Transport has allowed Singapore Airlines to bring forward the launch of its SingaporeNew York service to July 2. However, on the same day, SIA will suspend indefinitely its Singapore-Toronto service following another deadlock in negotiations between Canada and the Republic Page 4
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    • Article
      No way to curb exports
      22 1 TAIWAN'S Economics Ministry has conceded that it cannot restrict the island's burgeoning exports to China Page 9
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    • Article
      Stronger US growth
      45 1 US ECONOMIC growth is likely to rise to between 3 and 4 per cent a year during the next two years, a dramatic contrast to last year's dismal performance, says the head of the Federal Reserve Bank of San Francisco Page 10
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    • Article
      Boosting quality
      27 1 TANKER CHARTERERS have been urged to exercise their influence to help improve the quality of tankers plying the world's waters. Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      46 1 WALL STREET continued its push into record territory early yesterday amid sustained enthusiasm over first-quarter corporate earnings. The Dow Jones Industrial Average, which closed at a record high on Tuesday, was up another 8.05 points to 3,314.18 in the first hour of trading yesterday.
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    • Article
      Footsie higher
      30 1 LONIX)N shares were higher at midday yesterday on broadbased buying. At about 1115 GMT. the MSB 100-Share Index was up 31.0 points, or 1.2 per cent, at 2.631.5.
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    • Article
      Conditional approval
      43 1 CYCLE and Carriage Ltd's proposed restructuring of its property interests has been approved by the Malaysian Foreign Investment Committee on the condition that Malaysians get a 70 per cent stake in three of its key property projects in Malavsia Page 5
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    • Article
      Offer sweetened
      31 1 IN RESPONSE to a counter offer from relatively unknown Ekran Bhd. Leader Universal Moldings Bhd has sweetened its takeover bid for Federal Cables, Wires Metal Manufacturing Bhd Page 5
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    • Article
      MAS loan halved
      39 1 THE LOAN that Malaysian Airline System (MAS) is seeking to help finance its aircraft purchases has been halved to USSSO million (5582.5 million) because of a lack of support from offshore banks, sources said Page 8
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    • Article, Illustration
      STOCK INDICES
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article, Illustration
    Jakarta to extend total foreign ownership rules
    617 1  -  It will apply to the whole of Indonesia soon From Maggie Ford in JAKARTA INDONESIA is to extend its rules allowing total foreign ownership of companies from the Growth Triangle islands of Batam and Bintan to the rest of the country, under a
    617 words
  • Article
    PCI issue may have fared badly, says market talk
    435 1  -  By William Chia SINGAPORE Memories of the Gulf War and the massive undersubscription of Kay Hian James Capel's issue came to mind yesterday as talk spread of underwriters having to carry a substantial portion of PCI Ltd's public offer which closed
    435 words
  • Article
    Lock icon Polls show American distrust of Japan at 30-year high
    310 1 AFP TOKYO US distrust of Japan is now at its highest level in more than 30 years, with 42 per cent ol Americans feeling Tokyo is neither a dependable ally or friend. Japan's Foreign Ministry said yesterday that results of its
    AFP  -  310 words
  • Article
    Shares in Tokyo and HK continue surge upwards
    233 1 SINGAPORE Share priccs in Tokyo and Hongkong closed sharply firmer yesterday, eontinuing a surge that began on Tuesday. Tokyo's Nikkei Average jumped 508.43 points, or 2.92 per cent, to 17.948.01. Futures-dominated trading and bargain-hunting for blue chips drove the index briefly above
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  • Article
    High Choa Chu Kang bids underline value of HDB shops
    409 1  -  By Colin Tan SINGAPORE A recent tender for retail space in Choa Chu Kang town centre, which drew bids of between $800 and 51.2(H) per sq ft. underscores the high value the market is placing on lIDB shops in choice
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  • Article
    Lock icon India's PM wins backing for reforms
    102 1 AFP TIRUPATI. India India's ruling party, buoyed by a positive opinion poll, gave the go-ahead yesterday for Prime Minister P V Narasimha Rao's sweeping open-mar-ket reforms. The party endorsed Rao's "bold initiatives" by adopting an economie resolution at a plenary session in this southern
    AFP  -  102 words
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      Page 1 Advertisements Column 1
      132 1 FBurberrys 4/6 i J i Reigns when it pours CONTENTS Ad Marketing 16.17 Aircraft Schedule 31 Commodities 30 Company News 5-7 Cryptic Crossword 31 Editorial 12 Financial News 8 Futures Options 29 HK Tokyo Stocks 26 Interbank Forex Rates 29 Jaka'ta Bangkok Stocks 25 KLSE 23 Money Changer Rates 31
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      Page 1 Advertisements Column 2
      51 1 hull allotment for almost all lleshc applicants, I'u 3 Swens share launch may fall victim to bad timing, Pg 6 Normal publication of BT tomorrow lIIKKK WILL BK normal publication of Bl tomorrow, even though it is the Good Friday public holiday. The paper will be available at the usual
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      Page 1 Advertisements Column 3
      182 1 M£W ULTRA AR432 m Adds an extra 5.7 yards UHEmxi lug! ha o i to A premier line from ROYAL SPORTING HOUSE PTE LTD Bids for Choa Chu Rang shops set new record, Pg 4 Ports aplenty W ITH Guangdong province's economy growing at a brisk clip, tremendous amounts of
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  • PAGE 2 NEWS
    • Article, Illustration
      African Devt Bank pledges aid for multi-party govt in S Africa
      472 2  -  Financial help to come once interim govt is firmly installed Reports by Salil Tripathi in JOHANNESBURG Wll H its economy on its knees. South Africa has launched a major drive to woo black African countries to help end its
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    • Article
      S Africa looks towards rest of continent
      641 2 JOHANNESBURG On any given day, at least one trade delegation from Africa is in the office of the South African Foreign Trade Organisation. tying up contacts even before sanctions are lifted formally. Despite sanctions, frontline states like Botswana, Swaziland, Zimbabwe and Mozambique have
      641 words
    • Article
      Lock icon Tianjin pitches for first exchange in north China
      420 2 Beijing among others keen to set up bourses South China Morning Post HONGKONG The port city of Tianjin, one of the mainland's leading industrial and commercial hubs, is fighting to set up the first stock exchange in northern China. I he plan
      South China Morning Post  -  420 words
    • Article
      Lock icon KL airport fire could have been prevented: head of inquiry team
      214 2 Bernama KUALA LUMPUR The fire at Terminal One of the Kuala Lumpur International Airport could have been prevented if the Department of Civil Aviation (DCA) had taken action against duty-free shop owners from blocking the sprinkler system with a
      Bernama  -  214 words
    • Article
      Lock icon Asia warns of Gatt stalemate leading to protectionism
      415 2 AFP, Reuter, Bernama BEIJING Asia's anxiety over a Western stalemate in the Uruguay Round of trade talks surfaced here yesterday with warnings that their failure could spur regional protectionism. In Brussels, the European Community's executive yesterday played down hopes of an imminent
      AFP,; Reuter,; Bernama  -  415 words
    • Article
      Full allotment for almost all Heshe share applicants
      340 3  -  By Sangeeta Mulchand SINGAPORE Almost all applicants for Hcshe Holdings shares will receive the full amount they applied for. with one large investor walking away with almost half the 35.7 million shares available to the public at 55 cents apiece. No balloting
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    • Article
      Thai bourse plans neutral body to appraise assets
      445 3 BANGKOK The Stock Exchange of Thailand (SET) plans to establish a neutral and independent body to appraise the value of quoted firms' assets, SET president Dr Maruey Phadoongsidhi said. Dr Maruey told The Bangkok Post that the new body would use various
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    • Article
      SEC to speed up drafting of rules for monetary tools
      507 3 BANGKOK The Securities and Exchange Commission (SEC) is speeding up the process of drafting regulations for the issue of monetary instruments by the private sector with maturity periods of up to 270 days and three years. The Nation reported. The
      507 words
    • Article
      Lock icon Opposition steps up attacks on non-elected Thai premier
      378 3 AFP BANGKOK Opposition groups have stepped up their attacks on Thailand's nonelected premier, with MPs pledging to wear black in parliament and fresh calls for General Suchinda Kraprayoon to resign. Meanwhile, Gen Suchinda. who gave up command of the military to become
      AFP  -  378 words
    • Article, Illustration
      Lock icon Miyazawa opens meeting on ecology masterplan
      338 3 Reuter TOKYO Japanese Prime Minister Kiichi Miya/awa and two of his predecessors yesterday opened an "eminent persons" conference with the near-impossible aim of finding US$7O billion (SSI 15.5 billion) to fund environmental protection programmes in developing countries. Almost 30 business and political leaders, including
      Reuter  -  338 words
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      Page 2 Advertisements Column 1
      282 2 What the yes vote means: The Bottom Line, Back Page Whichever rood you take, we'll give you a good stort FIXED RATE EINANC ING Things are now looking better for car buyers. With the introduction of Flexi-Drive Financing, we give you the tlexibility of two easy finance schemes. Fixed Rate
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      Page 2 Advertisements Column 2
      75 2 HOMG KOHGr days i IN HONG KONG At Clearwater Hay (Jolf and Country Club Prom as low as S$ 1,288.(X) Price includes: daily Singapore/Hong Kong/Singapore departure on Cathay Pacific 3 nights hotel accommodation transfer to Clearwater Bay Golf and Country Club lunch at the Club green fees for 18 holes
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      Page 2 Advertisements Column 3
      76 2 SIC LAW Department of Legal Studies SINGAPORE INSTITUTE OP COMMERCE 250 Middle Road (dia. opp. Peace Centre) TEL: 337 8000 sic the legal training centre others talk about. since 1947 "The largest private law centre in Singapore is the Singapore Institute of Commerce, which occupies the former skin clinic at
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      163 3 n n wmLMsmm Mlwwn'i "i fff c~ j >„•* -V MMWM3I MBMK Mmtm IMKMMMRW! mm MIS m %MI MMM ■NBW4MR Singapore-based company Firbank Kempster Asia Pacific PTE Limited is now under new local management, specialising in servicing the exhibition design needs of the local Singapore market. Established four years ago,
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      Page 3 Advertisements Column 2
      54 3 Q OMEGA The sign of excellence. olc A)|t'ni and Scrvi< c xnirt* sll V >v Omega C onstellation goljAteel gents' *auh with dav/date Scraichrrsiotant sapphire cry Stll Water-resistant. |||S Swim mmdr since IMS fli^. A\ V zj. '4 /X T»l r z: Har ittWs C ItV Tow lit' .h Hruip
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Counterfeit ribbons found
        73 4 ABOUT 80,(XX) counterfeit printer ribbon cartridges and 15,000 ribbon boxes have been found following a raid at a warehouse in Kallang. About 50,000 carried ihe Epson brand, while the rest were labelled Panasonic, NEC and Oki. Ihe sale of counterfeit printer ribbons in Singapore is punishable by
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      • Article
        Seiko Epson's trademark
        40 4 SEIKO Epson Corporation of Japan has obtained summary judgment against local company Asia Ribbon Industries Pte Ltd, and its director Lim Poh Heng for infringing the Epson trademark. The court has awjidcd damages and costs to Epson.
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      • Article
        More support for eye bank
        73 4 THE government has agreed to support the l ye Bank with a capital grant of up to $125.(HK). Minister for Health and Community Development Yeo Cheow long said yesterday. This was in addition to providing matching funds for recurrent costs of up to $50,000 a
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      • Article
        Walkways to be upgraded
        60 4 THE PUBLIC Works Department will upgrade walkways along Coleman Street, Colombo Court and North Bridge Road. A new bus shelter will also be constructed to replace the existing one. To suit the surroundings, the PWD has chosen a design similar to bus shelters near the Padang
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    • Article
      S'pore extends hours for vehicle entry permits
      224 4 MALAYSIANS attending late night functions in Singapore can return home after midnight without having to pay another $20 for the next day's vehicle entry permit (VEP) from May 1. In response to appeals from various trade and business associations in Johor, Singapore is
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    • Article
      US approves SIA's earlier launch of S'pore-NY service
      360 4  -  S'pore-Toronto service to be suspended on same day By Dexter Lee SINGAPORE AIRLINES has succeeded in securing the US Department of Transport's approval to bring forward the launch of its Singapore-New York service to July 2. But on the same day, the
      360 words
    • Article, Illustration
      Bids for Choa Chu Kang shops set new record
      423 4  -  By Colin Tan RECORD PRICES have been achieved in a tender for 22 HDB shops in Choa Chu Kang town centre. Buyers are prepared to fork out from $443,200 for a 194 sq ft shoplet to $13 million for a 10,194
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    • Article, Illustration
      NatSteel unit offers new computer notebook
      336 4 ECS COMPUTERS (Asia) Pte Ltd, a subsidiary of NatSteel Ltd. yesterday launched a new computer notebook, signifying the parent company's commitment to stay in the electronics business, despite heavy losses last year. The company lost $9.3 million in its electronics business last year. This
      336 words
    • Article
      CBD shops have two peak periods to catch buyers: study
      357 4  -  By Hong Lee Tiam TWO peak periods a day are all a Central Business District retailer has in which to cash in on local office workers, according to a study by a National University of Singapore expert. Dr Sim Loo
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      103 4 Business within easy reach, 44 times a week. I Singapore Jakarta If you're a business traveller to Jakarta, you'll be in good hands with Garuda Indonesia. That's because we have 44 flights to Jakarta every week at very convenient times. With up to 8 flights daily, youH enjoy superb comfort
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      Page 4 Advertisements Column 2
      28 4 Lunch $9.00 Dinner $13.50 En/oy our Shabu Shnbu Stikiynki Barbecue RESTAURANT-" KPBE Tel: 734-6796 4th fir Unit 04-06 07 Tanqlin Shopping Centre Air flown KOBE BEEE also available
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      Page 4 Advertisements Column 3
      125 4 SPRING IS IN THE FABULOUS FARE Spring Dinner (March 1 30 April) Trader Vic's springs a few delicious surprises with an alluring set dinner menu at $55. For starters, our Cho Cho combination and Co Co Prawns are succulently sumpmous. As your inviting dinner unfolds with the varied likes of
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  • COMPANY NEWS 1
    • Article, Illustration
      CCL property interests' restructuring approved
      490 5  -  By Sylvia Wong SINGAPORE The Malaysian Foreign Investment Committee (FIC) has approved Cycle and Carriage Ltd's (CCL) proposed restructuring of its property interests provided Malaysians get a 70 per cent stake in three of CCL's key property projects in Malaysia. Of the 70 per cent,
      490 words
    • Article
      SMRT operating surplus rises 43pc
      372 5  -  By Rahita Elias SINGAPORE Higher fares and an increase in the number of passengers led to a 43 per cent jump in operating surplus for Singapore MRT Ltd (SMRT). The operator of the republic's Mass Rapid Transit System reported a total operating surplus, before provision
      372 words
    • Article
      Leader sweetens takeover offer for Federal Cables
      312 5  -  By Chew Eng Han SINGAPORE Leader Universal Holdings Bhd has sweetened its takeover offer for Federal Cables, Wires Metal Manufacturing Bhd, in response to a counter offer from a relatively unknown party Ekran Bhd. Ekran. an unlisted Malaysian company controlled by Sarawak tycoon
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    • Article
      Lock icon Tenaga puts aside 83pc for 1,000-share lots
      201 5 Reuter KUALA LUMPUR Malysia's Tenaga Nasional Bhd has alloted 83.6S per cent, or 140.60 million of the 168.085 million shares available, in the open portion of •ts public offer for lots of 1,000 shares. There were 140,600 successful applicants out of 500,804 received
      Reuter  -  201 words
    • COMPANY BRIEFS
      • Article
        Affin, Boustead get nod for joint exercise
        118 5 SINGAPORE Affin Holdings Bhd and Boustead Holdings Bhd have received approval from the Malaysian Foreign Investment Committee and the Panel on Takeovers and Mergers for a joint corporate exercise. The exercise involves Affin's purchase of shares in Perwira Habib Bank Malaysia Bhd and
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      • Article
        MBf Finance aborts purchase
        49 5 SINGAPORE MBf Finance Bhd says it has aborted its proposed purchase of a 35 per cent stake in Aust-Wide Group Ltd as it was unable to get approval from the relevant authorities. Aust-Wide is one of Australia's largest listed fund management and property services companies.
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      • Article
        KFC Holdings' new director
        30 5 SINGAPORE KFC Holdings (M) Bhd has appointed Khet Kok Yin a director, effective April 13. Mr Khet is also a director of Malayan United Industries Bhd.
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      • Article
        Nod for GE Life bonus issue
        49 5 SINGAPORE The Great Eastern Life Assurance Company Ltd says the Stock Exchange of Singapore and other relevant authorities have given in-principle approval to the company's proposed bonus issue. The issue is subject to the approval of shareholders at a forthcoming annual general meeting.
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      • Article
        MRCB pre-tax profit up 2pc
        47 5 KUALA LUMPUR Malaysian Resources Corporation Bhd lifted group pre-tax profit 2 per cent to MS 1.8 million (551.167 million) in the year to Dec 31, 1991, from MS 1.76 million in 1990. Group turnover rose 21 per cent to M 533.667 million.
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      • Article
        Corrections and clarifications
        56 5 IN THE ARTICLE, "Shangri-La to buy 10 per cent stake in developer of Kim Seng Rd Site", in yesterday's BT it was incorrectly stated that Shangri-La has paid SIS.6 million for 13.9 million Midpoint shares. Shangri-La was offered the shares at a purchase price of $16.74 million.
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    • COMPANY BRIEFS
      • Article
        New World Development to raise HK$850m
        94 6 HONGKONG New World Development is raising more than HKSBSO million through a three-year bond issue and a warrant issue, the South China Morning Post reported. 1 he proeeeds will be used to support the group s expansion plans and working eapital. Most ol the
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      • Article
        Taiwan steel factory for Malacca
        87 6 MALACCA Ornatube Enterprise Co l td of Taiwan is to set up a M$ 1.3 billion steel factory on a 56 ha land at the Air Keroh Industrial estate, near here. The entire project which would be carried out in three stages, is expected to
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      • Article
        Hitachi, Oki to make microprocessor
        65 6 I OKYO Japan's Hitachi Ltd and Oki Electric Industry Co I td said yesterday they would jointly develop a high-speed microprocessor based on technology developed by Hewlett Packard Co of the United States. The two companies said they agreed to exchange technical information in developing
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      • Article
        Nokia's optical venture in China
        70 6 HELSINKI The Finnish Nokia company has signed a loint venture contract with Guilin Institute of Optical Communications in China, it was announced here yesterday. The joint venture, Nokia's first in China, will produce optical terminal equipment. The total investment is more than US$5 million. In
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      • Article
        Taiwan Aerospace's chief resigns
        111 6 TAIPEI The chairman of the Taiwan aerospace company that is considering a plan to buy up to 40 per cent of McDonnell Douglas' commercial aircraft operations has resigned. his company said yesterday. David Huang quit his post before a crucial meeting on April 22. when Economics
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    • Article
      Lock icon Philippines cancels privatisation of Manila Hotel
      194 6 AFP MANILA Philippine President Cora/.on Aquino's chief aide. Executive Secretary Iranklin Drilon, yesterday cancelled plans to sell oIT the government-owned Manila Hotel. Mr Drilon, in a letter to finance Secretary Jesus Estanislao said his department had no authority to sell off the historic hotel
      AFP  -  194 words
    • Article
      Swens share launch may fall victim to bad timing
      933 6  -  STOCK By Genevieve Cua SINGAPORE Swens Asia Pacific's maiden share launch on Sesdaq may just fall victim to bad timing. The group's chances for a good response are bleak, going by the way the public reacted to garment maker IfcShe which
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    • Article
      Lock icon Digital Equipment plans layoffs in HK
      292 6 Up to 60 to lose jobs at US-based computer giant's Asian HQ Reuter 1 HONGKONG Digital Equipment Corp plans to lay oIY up to 60 workers at its Asian headquarters here as part of a regional restructuring. a company spokesman said. "What we arc
      Reuter  -  292 words
    • Article
      Dutch mining giant's Thai unit embarks on tin venture
      367 6 BANGKOK Thailand Smelting Refining Co (Thaisarco) has embarked on a major offshore tin exploration venture as part of its bid to secure a steady supply of tin concentrate to feed its smelter. The smelter faces a shortage of concentrate inputs. the
      367 words
    • Article
      Lock icon Manila court stops Cojuangco bid to control San Miguel
      407 6 Reuter MANILA A Philippine court has derailed a bid by business tycoon and presidential candidate F.duardo Cojuangco to seize control of the San Miguel Corp food and beverage conglomerate. Control of the beer-based giant would have provided a powerful boost to
      Reuter  -  407 words
    • Article
      Lock icon Union Carbide to sell rest of stake in Indian unit
      279 6 Reuter DAN BURY. Connecticut Union Carbide Corp said it planned to sell its remaining 50.9 per cent interest in Union Carbide India Ltd, which owned the Bhopalbased chemical plant that was the scene of the world's worst industrial disaster. Proceeds
      Reuter  -  279 words
    • Article
      Lock icon IBM's better showing raises hopes of recovery
      477 7 Reuter NEW YORK International Business Machines Corp's surprisingly robust 7 per cent gain in first-quarter profit fanned hopes that the nation's battered computer industry has begun to climb out of recession. Industry analysts were most impressed by the disclosure that domestic revenues leaped
      Reuter  -  477 words
    • Article
      Lock icon Michelin upturn in second half stuns markets
      434 7 Reuter PARIS French tyre-maker Michclin stunned financial markets, reporting that in the last half of 1991, the company returned to profit thanks to an old fashioned mix of cost cuts and price rises. Cie Generate des Etablissements Michelin. a world leader in its
      Reuter  -  434 words
    • Article
      Lock icon New York Times Co earnings more than double in 1st quarter
      320 7 Reuter NEW YORK The New York Times Co said on Tuesday that its earnings in the first quarter more than doubled to US$l3.9 million (5522.93 million), from US$5.l million in the same period last year, citing higher ad revenues
      Reuter  -  320 words
    • Article
      Lock icon Olympia & York plan offers no incentives for lenders, say banks
      491 7 Olympia York plan offers no incentives for lenders, say banks Reuter, FT TORONTO Bankers meeting in Toronto said they were unhappy about key elements of Olympia York Developments Ltd's debt restructuring proposals, which failed to include any incentives for bank lenders. The troubled property giant, the biggest office landlord in
      Reuter,; FT  -  491 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      239 5 WHEN THE FRENCH DESIGNED THIS LUXURY CAR, MASS APPEAL WAS NOT THE DRIVING FORCE. (Is it any wonder we rarely nave towkays at our snowroom?) The French took more than 10 years, over SS3OOO million, and 109 robots to build the XM. The result is exoectediy astounding. An aerodynamically perfect
      239 words
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      Page 5 Advertisements Column 2
      25 5 MIKIMOTO I hr On£inatOi of ulturrri IVarl CTftk Since 1893 Eg&aafrw. *®^s*3S2£2S33fSiS Pyyy!g<jUP^» C. T. HOO Singapore #01-22 Tangfia Shopping Ctntra. T<t *****47, 235M43. 1024.
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      372 6 The 2nd Asia-Pacific Industrial Automation Exhibition Conference 20 23 May 1992 World Trade Centre Singapore ARE THESE SOME OF YOUR GOALS THIS YEAR? BETTER "JIT" SHORTERPRODUCT LEVELS development CT^ctors CYCLES HIGHKRQOQA ,VEI INCREASEDCOST benefits overall If even one of these objectives are part of your business goals for the '92/"93
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      Page 6 Advertisements Column 2
      86 6 It's alright With the urai-ball micro iwiwi rolling pen, water-resistance is just one of its outstanding qualities. The Uni-ball Micro Deluxe rolling ballpoint pen uses a special pigment ink which can offer resistance to smudging and fading. Its unique stainless-steel tip is more sensitive to your touch, thus allowing clearer
      86 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      132 7 If your C.V wasn't printed on an HP LaserJet printer, forget the interview. When it comes to software compatibility, connectivity, and print quality, no other printer comes close to an HP LaserJet. No wonder HP LaserJet printers have become an essential part of doing business, all over the world. ea
      132 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Dai-Ichi Kangyo to curb overseas lending
        101 8 TOKYO Japan's Dai-Ichi Kangyo Bank Ltd, the world's biggest bank in terms of assets, will curb its overseas lending so it can meet capital adequacy ratios, its president was quoted as saying yesterday. "If we fail to meet the requirements. we will face trouble
        101 words
      • Article
        Societe Generale's net profit up
        118 8 PARIS Societe Generale bank scored a group-share consolidated net profit last year of 3.37 billion French francs (*****.3 million), up by 25.8 per cent from 2.68 billion in 1990, chairman Marc Vienot announced on Tuesday. In detailing annual results, he said: "Under economic and financial
        118 words
      • Article
        Savings banks in FDIC's losses
        120 8 ATLANTA Savings banks which represent only 9 per cent of US financial institutions' insured deposits and only 7 per cent of institutions on the Federal Deposit Insurance Corp's "problem list" will account for one-third of the agency's losses in 1992-93. chairman William Taylor said. "We
        120 words
      • Article
        No more big bank buys: Banc One
        123 8 NEW YORK Banc One Corp could afford to buy more big banks this year, but chief financial officer John Westman said that is unlikely as it might stretch management too thin. He did not rule out buying banks with US$l billion (S$ 1.65
        123 words
      • Article
        Portuguese regains insurance firm
        75 8 LISBON Portuguese businessman Antonio Champalimaud has regained control of insurance firm Seguros Mundial Confianca SA. taken from him in the nationalisations which followed the leftist revolution in Portugal in 1974. As expected, Mr Champalimaud was the only bidder for an indivisible bloc of four million shares
        75 words
    • Article
      Malaysia Airlines' US$ 100m loan halved
      400 8  -  By Dawn Tan SINGAPORE The loan that Malaysian Airline System (MAS) is seeking to finanee its aircraft purchases was halved to US$5O million (5582.5 million) because of a lack of support from offshore hanks, sources said. The one-year loan was structured as a US$lOO
      400 words
    • Article
      Merger with Midland a marital mismatch?
      600 8  -  HOCjK^ By Catherine Ong HONGKONG The wedding of the year, the proposed merger of the Hongkongßank group and UK's Midland Bank, was featured in a Chinese newspaper with a cartoon of a debonair Chinese man marrying an ugly gweipo (European woman). The marital mismatch
      600 words
    • Article
      Lock icon Brokers in US post record profits in first quarter
      310 8 Reuter NEW YORK Some of the biggest US brokerage houses said on Tuesday that profits climbed to record levels in the first quarter as low interest rates and a surge in new securities offerings brought investors back to Wall Street. PaineWebber
      Reuter  -  310 words
    • Article
      Lock icon HKBank, colony set to drift apart after merger
      559 8 Reuter HONGKONG The colony of Hongkong and HSBC Holdings pic's Hongkong Shanghai Banking Corporation. which have grown and prospered together over the last century, are set to drift apart. Now HSBC has formalised its offer for Britain's Midland Bank pic ahead of
      Reuter  -  559 words
    • Article
      Lock icon Banks in HK under pressure to disclose inner reserves
      277 8 Reuter HONGKONG Pressure is mounting on Hongkong banks to follow HSBC Holdings pic and its Hang Seng Bank Ltd unit by disclosing their inner reserves, analysts said. HSBC announced the terms of its bid for the UK's Midland Bank pic and
      Reuter  -  277 words
    • Article, Illustration
      Lock icon Flood dampens Chicago markets
      144 8 AFP CHICAGO C hicago's famous commodities market was closed for a second consecutive day on Tuesday by flooding that inundated downtown areas of the mid-western city. The Chicago Board of Trade, the world's largest futures exchange, and other markets remained closed on Tuesday but officials said
      AFP  -  144 words
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      Page 8 Advertisements Column 1
      249 8 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1992 A special Business Times Survey May 4,1998 The theme for this year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
      249 words
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  • THE REGION
    • Article
      Lock icon Taiwan unable to curb trade with China despite fears of dependence
      456 9 Reuter I \IPEI Taiwan cannot restrict its burgeoning exports to China in spite of its tear that the island could become an economic pawn if it relies too much on trade with the mainland, the Taiwanese Economics Ministry said
      Reuter  -  456 words
    • Article
      Problems for Viet gemstone trade at home and abroad
      784 9 HO CHI MINH CITY Thai gemstone buyers are swooping down on Vietnam and buying up almost all the ruby supplies, with seant regard for local regulations and currency restrictions, according to The "Nation. Sources told the Thai newspaper that the gemstone
      784 words
    • Article
      Lock icon Thailand offering more tariff cuts in Gatt talks
      328 9 Oana-TNA BANGKOK Thailand has offered to further lower import tariffs on agricultural and manufactured goods from an average 34.8 per cent to 26.07 per cent in the Urugua> Round of multilateral trade talks. Sukon Kanchanalai. direc-tor-general of the Business Economics Department, said
      Oana-TNA  -  328 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      154 9 THE NEW, IMPROVED MITSUBISHI SPACEWA6ON. WE IMPROVED NOTHIN6. Space, as you well know, is nothing. What you put into it, and around it. is everything. Which is why our new Mitsubishi Spacewagon transports up to 7 people (plus luggage) with such refinements as ,i 1.8 litre. 16-valve engine, computer-controlled ELC
      154 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Vietnam adopts new constitution
        71 10 HANOI Vietnam's National Assembly, in a session prolonged by heated debate, adopted a new constitution guaranteeing economic freedoms while preserving the Communist Party's leadership yesterday. An assembly source said that deputies voted to approve the charter after three weeks of article-by-article debate. The new constitution differs
        71 words
      • Article
        Good outlook for poor nations
        116 10 WASHINGTON The World Bank said yesterday that it is optimistic about growth in developing countries over the present decade with the overall growth rate estimated to rise to 4.9 per cent from 3.2 per cent in the 1980s. It added in a report that a
        116 words
      • Article
        US-Japan electronics trade gap up
        114 10 SANTA CLARA, California The trade deficit between the United States and Japan for electronics products and services increased by 5 per cent to US$l9.3 billion last year, a trade group reported on Tuesday. "We are disappointed by yet another year of this seemingly unchangeable gross
        114 words
      • Article
        Taiwan wants faster transfers
        142 10 TAIPEI Taiwan, which has a rising trade deficit with Tokyo, has taken steps to speed transfers of Japanese technology to the island in order to manufacture locally items now imported from Japan. The Industrial Development Bureau said on Tuesday it had decided for the first time
        142 words
      • Article
        Japan's machine orders up 13pc
        58 10 TOKYO Japan's machinery orders in February rose 13.6 per cent from January to 1.01 trillion yen, the Economic Planning Agency said on Tuesday. The figure, which excludes shipbuilding contracts and orders received by power companies that tend to fluctuate from month to month, represents a
        58 words
    • Article
      US economy likely to post moderate growth: Fed official
      428 10  -  Four major factors may stall complete recovery By SN Vasuki SINGAPORE Though America has emerged from recession "in a technical sense", economic expansion this year will be moderate, says Robert Parry, president of the Federal Reserve Bank of San Francisco, one
      428 words
    • Article
      Lock icon Ailing economy sparks labour unrest in Japan
      387 10 Reuter TOKYO A spate of strikes by Japan's long subdued unions has shown that workers could lose patience and turn against their managers if the country goes into a deep recession, according to labour analysts. The stoppages have been the most serious for
      Reuter  -  387 words
    • Article
      Lock icon New party shakes up S Korean govt-business ties
      429 10 AFP SEOUL The meteoric rise of a political party headed by the founder of South Korea's giant Hyundai group threatens to shake up the traditionally cosy relationship between government and conglomerates, analysts say. Already there are signs that Kim Woo Chung, a
      AFP  -  429 words
    • Article
      Lock icon Canada set to see more job losses in spite of growing exports
      326 10 Reuter OTTAWA The rise in Canadian manufacturers' shipments in February points to increased exports, but the huge job losses already seen in the manufacturing sector will continue, say economists. "The overall trend appears to be picking up in
      Reuter  -  326 words
    • Article, Illustration
      Lock icon West may need US$10b more for ex-Soviet republics
      539 11 This is in addition to USs24b aid for Russia Reuter WASHINGTON The West may have to come up with about US$lO billion (5516.5 billion) more in aid this year for the former Soviet Union on top of the US$24 billion already promised
      Reuter; Source: Nkkei Weekly  -  539 words
    • Article
      Lock icon US firms hold back investment in CIS: study
      432 11 AP. Reuter WASHINGTON American businesses want to invest in the former Soviet republics but worry that the risks are still disproportionate to the potential profit, a United States Commerce Department review showed on Tuesday. The report called US business investment in the
      AP.; Reuter  -  432 words
    • Article, Illustration
      Lock icon World Bank agrees to admit former Soviet republics
      418 11 AFP WASHINGTON The World Bank's executive board approved the admission of 15 former Soviet republics on Tuesday, paving the way for them to officially become full members in the near future, bank officials said. The board's recommendation was forwarded to the governors,
      AFP  -  418 words
    • Article
      Lock icon European Commission proposes aid package for HDTV industry
      272 11 AP BRUSSELS The European Commission has proposed a massive aid package for the ECs high-definition television industry to make it competitive on world markets. EC Research Commissioner Eilipo Maria Pandolfi said on Tuesday that he wanted to give 850 million European Currency
      AP  -  272 words
    • Article
      Lock icon Latest economic figures boost British recovery hopes
      471 11 Reuter LONDON A surprising jump in manufacturing output and a rise in factory gate prices announced on Tuesday have fuelled hopes in Britain that a recovery from recession could be stirring. Economists said it was likely that gross domestic product (GDP) would turn
      Reuter  -  471 words
    • Article
      Lock icon Distrust of leaders hits S American democracy
      651 11 Public perception tainted by alleged corruption UPI RIO DE JANEIRO Growing popular distrust of political leaders has become one of the worst threats to Latin American democracy, analysts say. In a region beset with extreme poverty, where millions are malnourished and poorly educated
      UPI  -  651 words
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      241 10 s Who Says Singaporeans are Risk-Averse? Many Are Taking Their Chances In Cambodia's Former Killing Fields o >ii Will Their Gamble Pay Off Banking, garment manufacturing, hotels... Singaporeans are fearlessly plunging into the Cambodian economy and taking part in its rebuilding. But they face an uneasy peace, primitive infrastructure and
      241 words
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      Page 10 Advertisements Column 2
      323 10 See the World's Latest Electronics Manufacturing Technology! L SIS? 3& -1 i jf v .1 ifMIH liill V. Supporting 27-30 May 1992 Shangri-la Hotel and Tunku Malaysia. Access has never been easier! At PEMAS '92, Penang's first exhibition and conference dedicated to electronics professionals, you can evaluate product demonstrations from
      323 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      104 11 Editorial, Pg 12 Jump the queue to Kuala Lumpur. Why stand for it,when you can hop on our What's more, we go further with wider, more hassle-free flights to Kuala Lumpur on Wednesday, comfortable seats aboard our spacious 7478'5. KM Friday and Sunday every week. All of which goes to
      104 words
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  • Article
    Back from the brink
    485 12 EDITORIAL A DANGEROUS act of political brinkmanship has been averted in Russia. Parliament, which only a week ago had repudiated President Boris Yeltsin's free market reforms, has done an about-turn and expressed support for them. This sudden change of heart among deputies notwithstanding, recent developments do
    485 words
  • WHAT THE OTHERS SAY
    • Article
      Keep education secular
      281 12 THE question of whether a school, in this case St Andrew's Junior College, can impose certain conditions, such as compulsory Chapel sessions, was highlighted last week. Arguably, a school or college tied to a religious belief should be able to practise it. and those not wishing to
      281 words
    • Article
      Uncommon wealth
      82 12 THE breaking up of the Commonwealth of Independent States seems imminent. Russia, being the largest and supposedly the custodian of the commonwealth, has failed to muster the support of the member countries. In fact, Russia has projected an image of a bully, especially in demanding that the various
      82 words
    • Article
      Bus routes
      126 12 RECENTLY, the Singapore Bus Service implemented a re-routing exercise in which some bus routes were changed or withdrawn. Forty-one constituencies were affected, including two opposition wards. The opposition MPs from these two wards expressed that the re-routing exercise has a "political motivation" with the intention to "penalise" voters
      126 words
  • REGIONAL VIEWPOINTS
    • Article
      Hopes of peace
      173 12 IF the UN peace plan fails, the Balkanisation of Afghanistan is likely to gain momentum. This collapse of the Soviet Union has created five new nations in Central Asia, many of whose inhabitants share their language, culture and religion with the Afghans. In the north and north-west
      173 words
    • Article
      The British system
      171 12 BRITAIN'S first-past-the-post system of voting, where the candidate with the most votes in anygiven constituency wins a seat in parliament, is responsible for keeping in power a government which has less than half the support of the country's voters. Supporters of electoral reform who advocate a system
      171 words
    • Article
      Aid and democracy
      153 12 IS the defeat of the Yeltsin-led government a sign of a new political upheaval in Russia? There is still a lack of widespread, unified opposition to Yeltsin; nevertheless, the clock may be running out for him and his tough free-market economic reform policy. It is certain, however,
      153 words
  • Article
    Lock icon A fair and benevolent bank
    913 12  -  Contrary to popular belief, the Asian Development Bank does not practise favouritism when it conies to awarding contracts for its numerous lucrative projects. Matthew Montagu-Pollock explains Matthew Montagu-Pollock This article first appeared in the April issue of Asian Business Switzerland. IN ITS continuing fight for
    Switzerland.  -  913 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      157 12 o D D vi 3 k WEEKLY The Straits Times Vteekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities, appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you eveiyweek, whereever you may be. Subscribe now. And be in touch. The
      157 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      72 12 DOONESBURY YOU CAN NOPROBLEMOf ttAU-Y I'M A MAN PFRFORM OF THE CLOTH' AmXM6 C&emcny, L BACK IN IHE 60s, YOU COULD GET A DRAFT LZFEFMENT IF WUUERE IN THE CLERGY. SOI SENT IN *3 TO THIS MAIL ORDER MINISTRY... 4-G BY GARRY TRUDEAU FOUR DAYS LATER. I GOT BACK A
      72 words
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  • ANALYSIS
    • Article, Illustration
      Career women of the world
      1209 13  -  Nuala Slansky and Stacey Marcus look at the lot of the top female executive and how her status is perceived in different societies Nuala Slansky,Stacey Marcus Ihe writers arc lecturers at \anyani! technological I ni\cr\it\ WHATEVER view you hold about the role of women in
      1,209 words
    • Article
      Lock icon The big question of farm subsidies
      995 13  -  The issue of farm subsidies comes under the spotlight again as Europe and the US prepare to continue their next round of Gatt talks. Roger Cohen reports Roger Cohen NYT STANDING in the midst of the great green wheat fields of Picardy in I
      NYT  -  995 words
    • Article, Illustration
      Lock icon A fraud boom looming ahead
      601 13  -  1991 was a record year for fraud cases but British experts are saying this year could be worse. Maggie Fox reports Maggie Fox Reuter BIG FRAUD cases may grab the headlines, but experts say smaller scams are costing companies much more collectively. A recent survey
      Reuter; Punch  -  601 words
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  • FOCUS
    • Article, Illustration
      Lock icon Stuck with properties ... and debts
      946 14 Stuck with properties and debts How long more can Japan's property owners hang on before they have to dump their holdings The Economist AS ITS shares sink, cast a glance at Japan's property market. Overextended property owners and their creditors refuse to admit their losses, hoping to hang on until
      The Economist; Source: Japan's Ministry of Construction  -  946 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      151 14 g I 3* '1^ m ■a Hi 'i ft i\ I //y v-: -X k::A i I The news you've just read is already out of date. NeivsVision has arrived. It's the first of three exciting new subscription TV channels from Singapore Cable Vision. And it's available now. during the
      151 words
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  • SPORTS
    • Article
      Lock icon Moses on comeback trail to Barcelona
      335 15 AFP WASHINGTON World record holder Edwin Moses, who won his first gold medal in the 400-metre hurdles in Montreal in 1976. is confident he can qualify for his fifth Olympics in Barcelona this summer. The 36-year-old said on Tuesday that he could easily run
      AFP  -  335 words
    • Article
      Lock icon Davis Love begins Heritage defence
      226 15 AP HILTON HEAD ISLAND, South Carolina Davis Love 111 knows the odds aren't in his favour. But he also knows winning his second straight Heritage Classic isn't impossible just a long shot. "It's hard to win just one tournament a year, much less the same
      AP  -  226 words
    • Article, Illustration
      Lock icon Discontent at home over S Africa's return to world sport
      811 15 Reuter CAPE TOWN South African sportsmen have been greeted with great enthusiasm around the world but their return to international competition has provoked rumblings of discontent at home. There are claims that too much attention is being given to foreign
      Reuter  -  811 words
    • Article, Illustration
      Lock icon Conner savours victory against Koch before defender finals
      477 15 America's Cup AP SAN DIEGO Dennis Conner's victory in a suddendeath sailotT sent Bill Koch back to his computer banks to figure out which America 3 Foundation yacht to sail against Stars and Stripes in the America's Cup defender finals. And it
      AP  -  477 words
    • SIDE LINES
      • Article
        Budd-Piertese, Mary Slaney may clash again
        180 15 EUGENE. Oregon South African athlete Zola Budd-Pie-terse and America's Mary Slane> may meet again, eight years after a controversial collision in the Los Angeles Olympic Games destroyed their medal chances. Promoter lom Jordan is hoping the two will run in the 2.000 metre race
        180 words
      • Article
        Two reach top without oxygen
        82 15 KATHMANDU Two Californians ha\e conquered the 6.812-metre high Mount Amadablam without the aid of artificial air. Nepal's Tourism Ministry announced on Tuesday.; Expedition leader David Nettle. 35. a retail sales manager,; and James Hanlon Quirk. 26. a salesman, scaled the peak via; the south-west ridge
        82 words
      • Article
        New entrants to Hall of Fame
        103 15 PALM BEACH GARDENS. Florida C hi Chi Rodriguez and Hale Irwin were inducted into the PGA World Golf Hall of Fame at ceremonies on Tuesday. Rodriguez won eighi tournaments in a 25-year career on the PGA Tour, and added 21 more in Senior Tour
        103 words
      • Article
        Goal through Schumacher's legs
        74 15 COLOGNE. Germany Former German international goalkeeper Harald "Tom" Schumacher suffered the indignity ot conceding a goal through his legs in the fifth minute of his farewell match here on Tuesday. The easy goal from the head of Ulf Kirsten was the first of two scored by
        74 words
      • Article
        Agassi struts his stuff
        101 15 TAMPA. Florida Second-seeded Andre Agassi put on a show as he eliminated unseeded Karsten Braasch in a tiisi round match on Tuesday at the L'STA Men's Clay tournament. The Las Vegas pro clowned for a near-capacih crowd, while defeating Braasch 6-3. 6-3. Agassi tried a lun
        101 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      34 15 Scratching your head on how to prepare for your exam? Part Two of our exam guide today shows how you can plan a personal timetable M and still have some fun. 1L EXA FEVE
      34 words
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  • ADVERTISING & MARKETING 1
    • Article
      More advertisers jumping on the pop bandwagon
      1236 16  -  The past two years have seen a surge in pop tune-backed commercials. Sangeeta Mulchand examines the trend Sangeeta Mulchand Face it. while most of us use television commercial time to escape to the bathroom or kitchen, we still get irrational flashes of Fuji
      1,236 words
    • Article, Illustration
      Understanding the difference between product and brand
      496 16  -  WPP creative head Norman Beny talks to Clarissa Tan about brand loyalty Clarissa Tan Brand loyalty advertisers strive for that magnetic hold over consumers. But a single ingredient alone cannot turn the fickle buyer into a regular customer, according to Norman Berry, the
      496 words
    • Article, Illustration
      Simon and Schuster sees rosy prospects in Asia
      675 17  -  American publisher Simon and Schuster is at last reaping profits from sales in Asia. Chuang Peck Ming explains why Chuang Peck Ming NOW THAT the book pirates are held at bay by copyright laws. American publisher Simon and Schuster is at last
      675 words
    • Article
      The power of the market place
      648 17  -  In the fourth of an ongoing series, Andrew Kefford looks at why there are many Caucasians in the industry Andrew Kefford The writer is managing director of Advertising Advisory Centre Pte Ltd AS A RESULT of the I Advertising Agency i Register, I have
      648 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      101 16 CATHAY PACIFIC FIRST On exhibition above arc but a few of the many enhancements of CATHAY PACIFIC FIRST, the Renaissance of first class travel. 1. Largest, best equipped first class lounge in Asia. 2. New seat design. More comfort, more space. 3. Personal television sets enhance award-winning inflight entertainment. X
      101 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      110 17 m > The Swire (>roup CATHAY PACIFIC FIRST CATHAY PACIFIC ARE PROUD TO UNVEIL CATHAY PACIFIC FIRST THE RENAISSANCE OF FIRST CLASS TRAVEL. FIRST The new CATHAY PACIFIC First is a contemporary interpretation of a time when the privileged few travelled in extraordinary comfort and style. A significant advance in
      110 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      866 18 Nothing Beats A Bud. OF BUD LIGHT WHERE TO WINE, DINE... Get Nostalgic with the j^lUtbtrd& The Sunbirds are now hitting the right notes with familiar favourites and catchy classics by Cliff Richard. Neil Sedaka. the Everly Brothers or The Beatles, nightly from 9.30 pm except Sundays. Happy Hour: Mon
      866 words
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      Page 18 Advertisements Column 2
      352 18 Wevejtst bred a new winner at The Stables X *v •rm. Tuh Businessmen's Derby Lunch *Y/ A dekvtabk- ihuicc of jppcliM-rs ami v>up Wfifa follow cd cltistly h\ your pick from five delightful main dishes and a selection of devserts Finish wilh coffee or tea Only $28.00 Closed f«>r luiuh
      352 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      723 18 TELEVISION AND RADIO What the camera saw OUR CHOICE The Fatal Image, 10.30pm, SBC 5 Barbara and Megan Brcnnan arc a mother and daughter who set otY for a romantic, idyllic vacation in Paris but find themselves caught up in intrigue and crime when they unknowingly film a murder with
      723 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Outside Tibet
      718 19  -  Kathy Chen meets the director of a shocking documentary on Tibetans living in exile in India Kathy Chen Reuter American film director Michael Lemle says the evidence of Chinese oppression he uncovered while making a documentary about Tibet was so painful it literally made him sick. "I talked
      Reuter  -  718 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      249 19 AND ENTERTAIN Filipino Flavours Authentic Filipino fare brought to you by a team of chefs from the Century Park Sheraton Manila. Available from 12 to 26 April 1992 for lunch 12.00 noon to 2.30 pm for dinner 7.00 pm to 10.00 pm $19.50++ per adult $10.00++ per child For reservations,
      249 words
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      Page 19 Advertisements Column 2
      215 19 Instant g ratification from Diethelm Being a specialist in office furniture, we make it our business to ensure that your needs are met, without any hiccups. Because all too often, when one talks about office furniture, the back-up stops at your back. The chair looks good, works well (for now)
      215 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Underlying sentiment still cautious despite surge
      814 20  -  By Kooi Cho Teng THE Singapore stock market moved in tandem with overseas bouises yesterday. The Dow Jones Industrial Average's record close on Tuesday and the Nikkei Average's second day of strong gains fuelled a 17-point rise in the Straits Times Industrials Index, which
      814 words
    • Article, Illustration
      Lock icon HOT STOCK
      76 20  -  By Chew Eng Han Comment THIS counter is worth a good look at current levels. A series of five waves down from the November peak may have ended at last week's bottom, or should be ending soon in any case. A minimum correction back to Sl.52-SI.55 is likely
      Source: Bridge Info  -  76 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2278 21 MAIN BOARD BONDS, LOANS WARRANTS 1' Gr's 1992 Tel Curr I-ast Vol Day last Quote Rate YTd High l>ow II Code Company Traded Sale +or(•000) High 10* Buyer Seller <%) <*) 59 59 1593 Berjava Grp Ln 59 59' 2 60 12 8 1521 Burwill
    2,278 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      272 21 Jt's been a long hard week. How does a golf retreat sound to you? And how does it sound when you locate it at Queensland's most exclusive new resort, Sanctuary Cove on the glamorous Gold Coast? Seductive? All you need to do to make it a reality is to get
      272 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    126 22 I rprun M sha f Quoted "ave a par value of SI and traded in lots of 1000 shares each PE ratio Reflect last annual consolidated results foreign shares P/Es are adiusted for currency LIUIDU unless otherwise specified differences ABN shares quoted m dotars Gr
    126 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      368 22 USINESS TIME NOTICES Toll free Tel No 737 0043 Fax No: 734 3698 THE COMPANIES ACf CHAPTER 50 SECTION 290 (2)(b) NOTICE OF RESOLUTION ELDERS PACIFIC PTE LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of Elders Pacific Pte Ltd held at 10 Collyer Quay #18-08 Ocean Building
      368 words
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      Page 22 Advertisements Column 2
      396 22 IN THK MATTER OP THE COMPANIES ACT. CAP. 60 AND IN THE MATTER OP LIM JEE MENO INVESTMENT PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) At an Exvac'S na-y Gene-a of LV JEE VE\G NVES"VE\ T UD fluty ccrv«reo ana n®aati9o tune Cere* Srgaoore 07 1 8 on re
      396 words
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      Page 22 Advertisements Column 3
      346 22 SING INVESTMENTS FINANCE LIMITED (Incorporated In the Republic of Singapore) ANNOUNCEMENT Pursuant to Article 8 (1 )(b) of the Articles of Association of the Company, it is hereby announced that the Status Declarations received by the Company as at the end, of March 1992, revealed that the foreign beneficial ownership
      346 words
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      Page 22 Advertisements Column 4
      252 22 IN THE MATTER OF THE COMPANIES ACT. CAP. SO SANOUET PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at levei 39. One Pacific Place. 88 Queensway. Hong Kong on the 7 April 1992 the following special resolution was duly passed "That the
      252 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks spurred by gains in Tokyo and New York
      509 23 Bernama IMPROVED sentiment, following better performanees in Tokyo and New York overnight, led share prices in Kuala Lumpur to a higher close yesterday in thin trading. The KLSE Composite Index at the close added 3.68 points to 568.19 and the allshare
      Bernama  -  509 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      INTERIM RESULTS
      125 24 Figures m brackets are for the previous corresponding period L Loss. TE: Ta« Exempted N: Net NY*: Not Yet Available, (a): Adjusted for scrip issues (b): In million Dutch Florins (c): Profit after tax. (d): In million HK$ Companys profit, (f) 'n million yen Profit after tai minority
      125 words
    • Article
      DIVIDENDS ANNOUNCED
      132 24 AH sham quoted have 3 par value of II unless otherwise specihed NYA Not Yet Available Int Interest I Interim N Net. TE Ta« Eiempt S Special dividend (a) Admsted for scrip issue (b) First and Final (c) Includes 4% special dividend (d) Includes 6% special dividend (e)
      132 words
    • Article
      AUDITED RESULTS
      2 24
      2 words
    • Article
      PRELIMINARY RESULTS
      2 24
      2 words
    • Article
      APPROVED ISSUES
      2 24
      2 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      63 24 Meve are phct trends en the worlds major stock markets calculated by In Capitol International Perspective. Geneva. Indices "narked with a a base ef 1M at the betmrnng of IMS The ether indices art tahan from a base ef 1M at the beciMtMt ef 1570
      63 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    612 24 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, tor instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  612 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Buyers await news on Cabinet lineup
      1470 25 Reuter TRADING on the Bangkok stock exchange resumed hesitantly yesterday after a long weekend with investors awaiting news of the full composition of the new government. brokers said. The SET index ended 6.51 points lower at 811.81 on moderate turnover of 4.39 billion baht.
      Reuter; Source: Bridge Info  -  1,470 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index falls further despite selective buying
      97 25 THE OVERALL index in Jakarta fell further despite selective buying yesterday, brokers said. The official index ended 1.60 points lower at 273.38, although turnover rose to 5.42 million shares from Tuesday's 3.43 million. Milk company Ultra Jaya rose 50 rupiah to 4,750 on turnover
      Source: Bridge Info  -  97 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      11 25 HERPES Why kissing isn't safe anymore GET IT NOW GO APRIL
      11 words
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      Page 25 Advertisements Column 2
      88 25 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 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
      88 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei surges but ends off day's high
      2357 26 Reuter TOKYO stocks closed sharply firmer but off highs in fu-tures-dominated trade yesterday, and the Nikkei could not hang onto the 18,000 level it regained in the afternoon. The 225-share market average ended 508.43 points higher at 17,948.01. Bargain-hunting for bluechips also helped
      Reuter  -  2,357 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks soar on favourable HSBC news
      2346 26 Reuter HONGKONG share prices closed sharply higher yesterday, sparked by favourable response to HSBC/Midland Bank merger terms and a Tokyo rally. The blue-chip Hang Seng Index rose 102.58 points to finish at the day's high of 4,986.11. "The rally was mainly driven by the
      Reuter  -  2,346 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close higher in line with overseas markets
      1776 27 Reuter SYDNEY share prices closed near their day's highs yesterday. encouraged by good performances overseas. Brokers said the market had little choice but to improve after strong gains in New York and with Japan's volatile Nikkei index closing firmer. The All Ordinaries
      Reuter; Source: Bridge Info  -  1,776 words
  • REGIONAL STOCK MARKETS
    • Manila market posts gains across the board
      • Article
        SEOUL
        664 27 SEOUL stocks closed slightly stronger yesterday in moderate trade after hitting their day's high on mid-afternoon rumours that the government was contemplating market-boosting measures. "However, the buoyancy waned rapidly as investors dismissed the rumours as having little substance." said a broker. It was rumoured that the Market Stabilisation Fund
        664 words
      • Article
        TAIPEI
        141 27 LATE selling reversed early gains to pull shares lower across the board yesterday as investors, worried that weak financials would continue hurting the market, sought to curtail their losses. The weighted index closed at 4.439.66 points, 22.32 below Tuesday's finish. Turnover fell to NTS 15 billion from NTS 17.56
        141 words
      • Article
        MANILA
        167 27 SHARE prices in Manila closed stronger yesterday, notching gains across the board after investors, buoyed by positive economic indicators, went on a buying binge. The Manila Stock Exchange composite index closed 21.56 points higher at 1.170.80. "Has the market turned around? It looks like investors are positive about the
        167 words
      • Article
        NEW ZEALAND
        172 27 NEW ZEALAND investors yesterday failed to take much note of positive news inflation fell to a 31-year low. the Nikkei was up 2.3 per cent at lunchtime and the Sydney market was strong with prices only marginally up. The NZSE-40 rose 3.8 points to 1,397.34 on volume of
        172 words
      • Article
        INDICES & TURNOVER
        62 27 INDICES TURNOVER tw Previous Vpr 1$ NEW ZEALAND \/ST-4<» Capital I W 34 1,3*>3.54 38 MANILA Composite Index i ruxo I.I 4* 24 -21 56 Turnover (million pesos) 135.04 >»4.6 40.44 TAIPEI Weighted Priee Index 4.4.VJ.66 4.461 »8 Turnover (NIS billion) 15 0 IT 56 -2..V> SEOUL Composite Slock Index
        62 words
  • Page 27 Advertisements
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  • WORLD STOCK MARKETS
    • Dow tops record 3,300 level in heavy trade
      • Article
        INDICES & TURNOVER
        82 28 INDICES TURNOVER NEW YORK (lose Prrxiuus \pr 14 IX>» Jones S&P MX) Turnover (million) 3.306.13 412.39 231.13 3.269 90 406.08 143 14 36.23 -6.31 ♦-87.99 LONDON Financial Times V) FTSF 100 Turnover (million) 2.014 9 2.600.5 599 7 2.005 5 2.591 0 627 9.4 9.5 -27.3 FRANKFURT DAX Index 1.732.53
        82 words
      • Article
        Untitled
        4 28 Source: Z-Landerbank Bank Austria
        4 words
      • Article, Illustration
        NEW YORK
        979 28 STOCKS in New York rallied for the fourth straight day on Tuesday in heavy trading, sparked by a string of encouraging quarterly earnings led by IBM, propelling the Dow through 3.300 for the first time. The Dow Jones Industrial Average, which rose 14.53 points on Monday, surged 36.23
        979 words
      • Article, Illustration
        LONDON
        451 28 LONDON shares rose on Tuesday amid speculation that there may be a spate of company takeovers in the coming months, following the Conservatives' victory in last week's general election. Shares were off their early highs after an initial boost following news of Hongkongßank's takeover bid for Midland Bank. But
        451 words
      • Article
        FRANKFURT
        70 28 THE Frankfurt stock market gained 0.30 per cent on Tuesday, as the DAX spot trend index closed at 1.732.53 points, in what operators called a "technical rally". The Commerzbank indicator finished almost unchanged at 1.993.10 points, up a mere 0.7 point from the Monday close. The bond market declined,
        70 words
      • Article
        AMSTERDAM
        102 28 DUTCH shares ended a session of halfhearted trading higher on Tuesday, with price moves exaggerated by the thin volume. Light option-related buying ahead of today's early expiry of the April series on the Options Exchange lent some support but it failed to increase activity. The EOE index, stuck in
        102 words
      • Article
        PARIS
        145 28 TYRE maker Michelin was the star performer on Tuesday, racing up 6.8 per cent on better-than-expected results, as the broader market managed a more modest gain of 0.46 per cent. With arbitrage buying and a higher opening on Wall Street helping the Paris market to hang onto its early
        145 words
      • Article
        MILAN
        140 28 THE Itallian market steadied towards the close on Tuesday, recouping some early losses, on position-squaring ahead of yesterday's close of the April trading month. The spark for the improvement came from the higher close by Gcnerali which was set 90 lire up at 28.800 lire. The MIB index closed
        140 words
      • Article
        ZURICH
        88 28 SWISS shares ended a quiet Tuesday session higher as the market drew late support from a firm Wall Street opening. Apart from that, the market also received some support from the exchange rate side. The firm dollar was seen helping Swiss export-oriented companies while interest rate worries lessened somewhat
        88 words
      • Article
        STOCKHOLM
        112 28 PRICES on the Stockholm bourse closed higher on Tuesday with the support of foreign rises, but trade was thin ahead of a long Easter weekend. The all-share index closed 0.43 per cent higher at 964.15 while the top-16 index gained 0.73 per cent. Turnover was a moderate 391 million
        112 words
      • Article
        BRUSSELS
        73 28 BELGIAN shares closed higher in active trading on Tuesday, with blue chip stocks attracting buying interest in the afternoon after several blocks were traded in oil major Petrofina. Petrofina. which closed up 25 francs to 10,550 with more than 36,000 shares traded, accounted for some 40 per cent of
        73 words
      • Article
        JOHANNESBURG
        376 28 THE Johannesburg Stock Exchange closed easier in quiet trade on Tuesday with most investors still bearish on the medium-term prospects for the industrial market, but optimistic about the gold price. Although the gold price fell by almost US$2 an ounce, gold shares were marked down on small volumes which
        376 words
      • Article
        TORONTO
        105 28 IBM's strong first quarter results combined with further news on Olympia York's uncertain debt troubles combined to lift Toronto stocks sharply higher, dealers said. O Y detailed total debt and presented lenders with a detailed restructuring plan on Monday. The market rebounded from fears of a worst-case scenario for
        105 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar firms up against yen and mark in Tokyo
      1213 29 REPORTS ASIA TOKYO: The US dollar ended higher against the mark yesterday on speculative buying, and firmer against the yen in directionless trading, dealers said. Dollar sentiment turned mildly bullish in the afternoon after hitting chart points of 133.30 yen
      1,213 words
    • Article
      INTERBANK FOREX RATES
      10 29 Source: UOB Source: Astley Pearce Source: OCBC
      10 words
    • Article
      MONEY MARKET
      39 29 Rates quoted by Astley Pearce Rates quoted by NatWest I Sote Hiised on Idlest i\siu-\ Source: The Monetary Authority of Singapore entml l<(ink ilihkhhi Kites |renure of l.htinks H<ut Source: National Westminster Bank Source: National Westminster Bank
      39 words
    • Article
      Lock icon China devalues currency past benchmark rate
      341 29 UPI BEIJING China edged ahead yesterday with a slovvpaccd devaluation of its currency. the renminbi yuan, nudging the buying rate for the first time past the benchmark of 5.5 vuan per US dollar (SS 1.65). The new buying rate of 5.5052 vuan per US
      UPI  -  341 words
    • Article
      FINANCIAL FUTURES
      29 29 Note: Open interest and actual volume are lor previous ila> trailing Source: Singapore International Monetary Exchange Nolo: Upon interest and actual volume are lor previous day trading.
      29 words
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  • COMMODITIES
    • Article
      Lock icon American rice at Tokyo food fair not for sale
      368 30 AP TOKYO Hundreds of businessmen from the Japanese food industry munched on Ameriean speeialties from beef to blueberries on Tuesday. but one food was for eyes only: American rice. The rice on display at the Great American Food Show was solely
      AP  -  368 words
    • Article
      Lock icon Cuba struggles to optimise poor sugar harvest
      340 30 Reuter HAVANA Communistruled Cuba is straining to finish what could be its worst sugar harvest in recent years, saying it needs every tonne of sugar it can produce to help keep its crisis-ridden economy afloat. After maintaining a virtual news blackout on the
      Reuter  -  340 words
    • Article
      KL tin price loses 8 sen on higher offerings
      834 30 REPORTS TIN price on the Kuala Lumpur Tin Market eased eight sen to MS 14.54 a kg on higher offerings yesterday. The bearish tone was also due to the lower London Metal Exchange which lost USSIS on buyers' reserve. On the
      834 words
  • Article
    PRICES
    329 30 PORLA Apr 14 Crude palm i oil MS/tonne Month North South Central K Coast Average Apr 92 May 92 Jun 92 Jul 92 95X50 969.00 961.00 957.50 950.00 931.50 960.00 963.50 953.50 931.50 Palm kernel ex-mill MS/tonne Month North South Central t: Coast Average Apr 92 Ma> 92 771.00
    329 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      864 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 In the Matter of THE COMPANIES ACT, CAP. SO And In the Matter of BEST TIMBERS CO. (PTE)LTD At an Extraordinary General Meeting of BEST TIMBERS CO. (PTE) LTD duly convened and held at 100 Jalan Sultan. #07-00,
      864 words
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      Page 30 Advertisements Column 2
      21 30 The Chicago Board of Trade was closed on Tuesday The StraitsTiiries WEEKLY OVERSEAS EDITION Making an issue of the major issues
      21 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1278 31 City Flight ETA Flight ETD Abu Dhabi GA88/ 0200 GA894 2015 Adelaide QF5 1955 SQ228 2050 Amsterdam SQ23 0645 KL838 2240 KL837 1255 Athens SQ347 1755 Auckland BA11 1505 SQ288 2015 Bahrain Gf 148 1000 BaMkpapaa GA525/910 1755 Sari Begawan B1453 1105 SQI82 0975 SQ181 1410
    1,278 words
  • THE TRAVEL PAGE
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      44 31 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same Check with your travel agent or call *****77 for more details. W« Know Europe from Mart to Frnniah.
      44 words
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      Page 31 Advertisements Column 2
      30 31 Where to go for our magazines For further information on which newsstands carry Her World, Go, Singapore Business. Home Decor, Young Parents, please call our Customer Services Section on 749-2577
      30 words
    • Advertisement
      Page 31 Advertisements Column 3
      19 31 BUSINESS TIMES Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in Business Times.
      19 words
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      Page 31 Advertisements Column 4
      283 31 IN THE MATTER OP THC COMPANIES ACT, CAP. 80 AND IN THE MATTER OP QREAT SEAS MARINE ANO INDUSTRIAL ENGINEERING PTE LTD (In Voluntary Winding Up) At ar Extraordinary General Matting of Great Seas Vlarrie Arc inouatrwEng:naarng Pta LM duV ccvanaa ana nea a: 135 vcate «oaa #04 02 B/anos
      283 words
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      Page 31 Advertisements Column 5
      367 31 THE COMPANIES ACT. CHAPTER 50 CREDITORS' VOLUN TARY WINDING UP NOTICE OF APPOINTMENT ANO SITUATION OF OFFICE OF LIQUIDATORS Name ol Company: Pool Data Se.vices Pie Ltd Company No *****2548 0 Extract ol the resolutions passed at the meetings ol members and creditors ol Pont Data Services Pte Ltd held
      367 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      258 31 CRYPTIC CROSSWORD ACROSS 6 One who bores through loud-speaker? (10) 8 Lascivious look at retrograde film (4) 9 Capri made ready for one who supports doctor's w0rk...(9) 11 ...removing this girl from the infirmary? (4) 12 Newt once again (3) 13 Repelling night fliers? (9) 16 Laugh at mimic (4)
      258 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      43 31 WEATHER Singapore Outlook: Showers over several areas in the afternoon. Report: Maximum temperature 32.7 Assoc humidity 65% Minimum temperature 25.0 Assoc humidity 91% Honrs of sunshine 7.95 Rainfall in mm 0.2 Rainfall this month 126 6 Rainy days this month 8 World forecast
      43 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      59 31 RnStOKT: PaaiLDicicz£ >] <^-0 L v: US" Bio. one or OOP. DIRECTORS. HPS LOST US P«>N/INO UC£.^( tor f\ rJ "ZP\T SO tOE-LL, It f*IAV Hs»TeKtST VOJ T 0 iojow H£ S UP IN BfcS* r cypunp£j H<LICH£D .OR- DRtvCH RND UJMRT'S mORC HCS P*RK£P im SIR CXeST€J*v-pE_RRrs PIACt. STtCX
      59 words
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  • Article
    Lock icon Russian parliament approves Yeltsin's economic reforms
    376 32 Govt withdraws resignation following endorsement AP Reuter MOSCOW Russia's parliament gave final approval yesterday to a declaration supporting President Boris Yeltsin's economic reforms, beating back attempts by former Communist lawmakers to slow the painful changes. Following that, the Russian government withdrew its resignation. The
    AP; Reuter  -  376 words
  • Article
    Lock icon Libyans expelled and grounded as sanctions begin
    336 32 AP LONDON Nations around the world yesterday heeded the call to punish l ibya some grudgingly, some fearfully, some with grim determination. Japan. Belgium, Denmark. Italy and Sweden each asked I ibyan diplomats to leave and nations across Kurope and the Middle Hast
    AP  -  336 words
  • Article
    Lock icon Kim sends conciliatory signals to US
    267 32 AP PYONGYANG Amid massive, regimented celebrations to mark his XOth birthday yesterday, North Korea's communist dictator, Kim II Sung, sent a strong signal that he wishes to improve relations with the US. But he added later that North Korea's "anti-imperialist struggle" would prevail in
    AP  -  267 words
  • Article, Illustration
    Lock icon London to name new Hongkong governor by end of month
    310 32 Reuter LONDON Prime Minister John Major's new government hopes to announce the appointment of a new governor for Hongkong before the end of the month. British officials said yesterday. But they refused to confirm British newspaper reports that the job
    Reuter  -  310 words
  • Article, Illustration
    What the yes vote means for S Africans
    877 32  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer, a HTjournalist, recently visited South Africa Wl: ARE driving through Durban, where Gandhi began his movement against discrimination at the turn of the century. I am with a leading political commentator who shakes
    877 words
  • Article
    Lock icon Industrial area for each Perak district
    116 32 Bernama IPOH The Perak government is embarking on a plan to set up an industrial area in every district to decentralise industries for better monitoring and control over environmental and noise pollution caused by factories. State Public Corporation and Industry Committee chairman Datuk Junus
    Bernama  -  116 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      213 32 The World's Finest Photographic System A PUBLIC FORUM "RECENT ADVANCES IN THE PREVENTION AND TREATMENT OF OBESITY" organised by SINGAPORE MEDICAL ASSOCIATION in conjunction with MINISTRY OF HEALTH in support of National Healthy Lifestyle Campaign SUNDAY 19 APRIL 1992,10.00 AM TO 1.00 PM Marina Mandarin Hotel Ballroom, Marina Square KEY-NOTE
      213 words
    • Advertisement
      Page 32 Advertisements Column 2
      34 32 West may need US$l Ob more for ex-Soviet republics, P K II I S firms hold back investment in CIS, Pg 11 World Bank to admit former Soviet republics, Pg 11 Kditorial, P|» 12
      34 words
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      Page 32 Advertisements Column 3
      256 32 nmm The World's Finest Photographic System Advertisement JAKARTA STOCK MARKET Computerised databases designed for optimised indepth research Access to a high speed structured database gives the Fund Manager and Researcher an added edge in today's fast market cycles. Investamatic is a highly efficient service providing access to the leading Asian
      256 words
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  • Shipping Times
    • Article
      Charterers urged to help improve quality of tankers
      517 33  -  By Rahita Elias SINGAPORE Tanker charterers were urged to exercise their influence to help improve the quality of tankers plying the world's waters. Shigeyuki Suzuki, chairman of the International Association of Independent Tanker Owners (Intertanko), said that the current poor tanker market
      517 words
    • Article
      Lock icon On the road to Tripoli: Expect a detour
      531 33 NYT VALLETTA. Malta John Portelli, one of the directors of Virtu Ferries, is preparing for the windfall he expects from the United Nations sanctions against Libya. He and his partners, who rent large boats, plan to begin a shuttle service five days
      NYT  -  531 words
    • Article
      Lock icon Fire on Greek oil tanker kills eight
      381 33 AP JIYEH, Lebanon A fire that broke out before dawn on a Greek oil tanker killed eight people, including two Greek boys, authorities said on Tuesday. Civil Defence chief Elie Honein said the fire aboard the Maltese-flagged Sea tank started at 3.30 am
      AP  -  381 words
    • Article, Illustration
      Joint effort to transport heavy machinery
      341 33  -  By Tan Hua Joo SINGAPORE Marine services group Gulf Agency Company (GAC) and tugs and barges operator Palma Offshore have embarked on a joint service to carry heavy lift cargoes to destinations in the region. The two partners will cooperate and join forces in
      341 words
    • Article
      Lock icon US gives food, medical aid to CIS
      149 33 UPI WASHINGTON The US will ship some 18.000 tons of military food and medical supplies to the Commonwealth of Independent States, the states that made up the former Soviet Union, the Pentagon announced on Tuesday. It said the shipment would start yesterday and,
      UPI  -  149 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        1st group of Muslims in S Arabia for pilgrimage
        110 34 JEDDAH An Indian ship carry ing 1.183 pilgrims dockcd at this Red Sea port on Tuesday, heralding the start of the annual pilgrimage season to Islam's holiest shrines in Mecca and Medina. About 2 million Muslims converge on the kingdom every
        110 words
      • Article
        Volvo trucks in Polish venture
        71 34 GOTHENBURG Volvo Trucks signed a preliminary agreement on Tuesday with the Polish government for a joint venture with Polish bus and lorry manufacturer Jelcz, economic sources here reported. Volvo's initial investment tor renovation of the Polish bus and lorry company's vehicles will be half a
        71 words
      • Article
        Key Afghan airbase falls to rebels
        64 34 ISLAMABAD A key airfield in Afghanistan was reported to have fallen to rebel forces on Tuesday, causing concerns that a UN-sponsored peace plan to end the 13-year civil war may fall apart. The Afghan news agency of the Hekmatyar group of Mujahideen rebels reported
        64 words
      • Article
        Six S Koreans killed in collision
        44 34 SEOUL Six people in a truck were killed on Friday when it was hit by a train at a level crossing at Jechon in central South Korea, police said. They said the truck apparentlyignored a signal to stop.
        44 words
      • Article
        Continental, USAir lower fares
        78 34 WASHINGTON Continental Airlines Inc has matched USAir's ticket reductions on (lights to Florida from the north-east and parts of the mid-west as the nation's air fare war spread following American Airlines' across-the-board cuts. American Airlines slashed full-coach fares by at least 38 per cent last week
        78 words
      • Article
        Haitian boat people return
        72 34 PORT-AU-PRINCE The Cuban government has sent home 508 Haitian boat people, the Red Cross said. The refugees were returned on Monday in three flights to Port-au-Prince, where they were processed by immigration officials at the airport. The Red Cross gave them bus fare and a month's
        72 words
      • Article
        PNG airline posts modest profit
        35 34 PORT MORESBY Air Niugini, Papua New Guinea's national airline, has announced an unaudited profit of USSI million for 1994. a year when other airlines declared massive losses or closed down.
        35 words
    • Article, Illustration
      Guangdong's piecemeal ports
      1123 34  -  Loh Hui Yin, who was in China recently, looks at the reasons behind the growth and development of the various ports in Guangdong province Loh Hui Yin, From afar, it looks like one continuous stretch of bcrthline along the southern coast of China, the skyline punctuated by
      1,123 words
    • Article
      COCKETT BUNKER MARKET REPORT
      449 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
      449 words
    • Article
      THE SHIPPING GUIDE
      11729 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,729 words
    • Article
      SHIPPING AGENTS
      3378 47 A XjLM untainerline NV: Bclsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN) Vccurd Group: Accord Shpg Pte I Id (SV.Accord Contr Line IPK. PN). Vdkris Business Corporation Philippine Calsource Shpg Trdg Pte I Id (S) \hrenkiel l iner Service Kim Shpg I rdg (S) Mhairus Sea-Air
      3,378 words
    • Article
      COURIER SERVICES
      274 47 Abacus C ouriers Tel 545-8011. Fax: *****98 Air Kxpms I ravel Tel: 533-5771. Tax *****44 Airborne Freight Corporation Tel: 542-8844 Fax *****16. *****80. Airswifit Worldwide C ourier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. C its-l ink International Tel: 344-3377. Fax: *****50.
      274 words
    • Article
      AIR FORWARDERS
      1520 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911 Fax: *****18. Air Cargo Novo Express Tel: 542-5454 Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,520 words
    • Article
      PORT CONDITIONS
      2985 48 ARGENTINA 1 abour working normally. Buenos Aires: Port working normally, berths regularly available: no waiting time. San lorenzo: Port busy; 7 vessels in port of which 4 loading grain. 2 loading by-products. I discharging chemical products: 4 vessels anchored in roads awaiting berth of which 2 to load
      2,985 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1326 48 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers El Delantero: 131.260 dwt and built Jan 1974 Nippon Kokan, definite sellers. Emma D P Seconda: 54,562 dwt and built 1973 Tirreno Riuniti, ideas USS4 million (LJSS2.S million declined) as brokers try USS3
      The information was contributed by Simpson Spence & Young  -  1,326 words
    • Article
      AIR FREIGHT SCHEDULE
      557 48 ARRIVALS Op Flight l>pe F.TA T From TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747I1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB N'CA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO N'WA NW901 B747F
      557 words
    • Article
      CRUISE & FERRY SCHEDULES
      602 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Name of Vessel ETA ETD Ports of Calls Port Agent APRIL 18 18 Rotterdam 0700 1800 World Cruise Nedlloyd Lines 18 18 Azerba\dshan 0800 1800 Sin-Colombo S'pore Soviet Shipping 19 19 Europa 0800 1800 World Cruise Hapag Lloyd 19 19 Asean World 0900
      602 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        3 49
        3 words
      • Article
        IN MALAYSIAN PORTS
        253 49 Johore Port Berth: 1: Juta Jaya; 2: Hsin Ta, Luconia; 3: Ding An; 4: Swift Wing; 5; Pernas Sekoi. Napili; 6; nil OI jetty: Merity, Aykhal. DCJ: Norgas Runner Due on Apr 15: Barge Java Walrus. Applause. Tambang No 8, Thana Bhum Due on Apr 16: Bunga
        253 words
      • Article
        CONTAINER SCHEDULE
        811 49 DELIVERY z FCL IMPORT CONTAINERS IN PROGRESS Slip Voy No Containers iv liable Sip Voy No Containers avaiable Tanah Air Equator Jewe Kap V Trush Benavon D Sentosa Rybnovsk E Oasis Merkur Delta losindo 1 Ming America Senang laya B Seroja Hakata Le«a Ms Dragon Bram Takari 1
        811 words
    • Article
      TRANSPORT DIARY
      980 50 Apr 16 (3.15pm-5.00pm): TeaTalk on "Shipping with Vietnam" by Mr Le Kha. Ist Viee'President of Transport. Communications Post. Vietnam, at the Amara Hotel, organised by 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
      980 words
    • Article
      DAILY FREIGHTS
      557 50 PANAMAX rates in the Atlantic and the Pacific were higher on spot vessel supply tightness, pushing the Baltic Freight Index up eight points to 1.151. brokers said on Monday. The market coped well with the upheaval caused after the Baltic Exchange building was severely hit by a bomb
      557 words
    • Article
      AE A traffic recovers to pre-Gulf war level
      388 52  -  February a record for European airlines By Juliette Walker SINGAPORE The Association of European Airlines (AEA) posted a record surge in international passenger traffic in February, restoring the group to its pre-Gulf War traffic level. Traffic figures for the 23member organisation revealed
      388 words
    • Article
      Lock icon Poor maintenance blamed for BA incident
      242 52 AP LONDON (AP) Investigators on Tuesday blamed maintenance procedures for a windscreen that blew out on a British Airways jet at 5,100 metres and sucked the pilot halfway out of the plane. Captain Tim Lancaster was saved by his crew who hung on to
      AP  -  242 words
    • Article
      Lock icon Iranians join US ship to study Gulf waterway
      322 52 AP MANAMA, Bahrain Cooperating publicly for the first time in 13 years, Iranian and American researchers teamed up aboard a IS survey ship on luesdav to study the effects of the Gulf War on the strategic water*a>. The seven-member Iranian team boarded
      AP  -  322 words
    • Article, Illustration
      Lock icon British Airways to sue Virgin for libel
      404 52 Reuter LONDON Bitter rivalry between British Airways and Virgin Atlantic Airways took a turn for the worse on Tuesday when BA announced it was suing Virgin and its chairman Richard Branson for libel. BA. which calls itself the "world's favourite airline", and Virgin,
      Reuter  -  404 words
    • Article
      Lock icon Argentine navy uses hot pursuit clause to capture boat
      317 52 Reuter STANLEY. Falkland Islands An Argentine naval ship pursued a suspected illegal Taiwanese fishing trawler into a 240-km conservation zone around the Falkland Islands, firing at and eventually boarding the vessel, officials said. It was the first time the Argentine navy
      Reuter  -  317 words
    • Article, Illustration
      Lock icon Piracy on the rise in S-E Asia
      608 52 Peril catches attention of government leaders AP KUALA LUMPUR Pirates have become a menace in the waters of South-cast Asia, slipping aboard ships at night to plunder and sometimes kill. After 61 acts of piracy were recorded in the region last year, compared
      AP  -  608 words
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      74 34 HOW TO FILL AN IMPORTANT VACANCY Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you're "headhunting", you are on target with Business Times. Executive Appointment advertisements will be in the daily Stock Exchange pages and on Saturday, in the Jobs page of
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      1733 35 m Dedicated to Quality Service OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES TEL *****11 FAX *****09 BOOKINGS TEL *****34 *****58 TERMINAL/CFS TEL. *****18 220 PESAKA JARDINE SHIPPING AGENCIES SDN BHO. PORT KELANG TEL *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 IPOH TEL: *****3/4 FAX *****6
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      Page 35 Advertisements Column 2
      695 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT m VSI/VOY SM NYC BAL Otf WH t iwi n ft UUMH »3 t «uxi n 1/5 VI IVI 23/4 J&L 2/1 12/1 12/7 21/7 U/7 IM 4/1 M/f 14/7 2V7 2/1 n/«
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      Page 35 Advertisements Column 3
      591 35 MAERSK LINE NEXT SAILINGS TO EUROPE LEDA MAERSK V.9206 ETA SIN 16/4/92 PENINSULAR BAY V.5321 ETA SIN 18/4/92 Voy This week Mayview Maersk 9204 CV 21/4 0800 HRS CFS 20/4 2359 HRS MAYVIEW MAERSK 9204 LOUIS MAERSK 9204 MATHILOE MAERSK 9206 MARIE MAERSK 9206 MARir MAERSK 9204 MEM HOU/ATL VIA
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      656 36 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT NOTE I ALL WEJTOOUND FORI HELMS ft PENANC CARGO TO UK/CONTMMT CONCCTH) AT STORE 2. ALL SHTMENTS TO/W Also accepting cargo to: AH UK N. Continent inland destinations. Belfast, Dublin, Copenhagen. Aarhus, Gothenburg. Malmo. Helsinki. Oslo. Amsterdam, Caribbean, S. America, Ceuta, Melia ft Canary
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      Page 36 Advertisements Column 2
      491 36 CSAV Compania SudAmencana de Vaporet SA Chilean Line E»t 1872 SEAtPAC lEBVICE CONTAIHUB U MIAEIMIK DIRECT SOUTH PACIFIC SERVICE L J BONTANG 3507E8 JANIKA II 3601E8 Transit Time SIN 27-29/ A 27 30/5 NOU SUV 10/5 13/5 11'6 14/6 (13) I 16) PPT 17/5 20/6 (22) ALSO ACCEPTING CARGO VIA
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      Page 36 Advertisements Column 3
      949 36 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE LHA 21/05 28/05 31/05 07/06 17/06 INIANO PORTS VALENCIA VIA ALGERCRAS WESTBOUND TO MEDITERRANEAN SIN CLM VLT SI FREEDOM 207-W 23/04 28/04 08/05 N. ALMANSOORAH 9208 3 28/04 04/05 14/05 N. SUN 9209 3 03/05 08/05 21/05 N PRMCESS 9210 3 09/05
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      1222 37 STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa*: *****17 SERVICE TO SABAH SARAWAK BRUNEI RAIAH BROOK L SIRMIS HO* SI RAITS VINIURt RAIAH BROOK[ SIRAIIS STAR SIRAIfS HOPE Vo9t Muaia, lab KK VOSE Mujii Stun law VIM Muaia. Ub KK VIOE Mujij.
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      Page 37 Advertisements Column 2
      1491 37 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fa* 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT TO UK CONTINENT JEDDAH FROM UK CONTINENT JEDDAH ALSO ACCEPTING FCLLCL FOB All
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      460 38 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE »Sl VOY SRIWIIAYA 34M8 KUTM 25W8 SPORE 25 4 11/5 ROAM ADAM HBURG BRIVtN ANTWERP 29.5 28 6 3 6 3/7 7,6 7/7 10 6 10/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Also
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      Page 38 Advertisements Column 2
      852 38 HANJIN SHIPPING TO USA PACIFIC SOUTH WEST TO EAST COAST (ALL WATER SERVICE) Ahij jufptiiiii Op«Tt<>p f ljti.x k crt< lo Snn fi.hvis».o tu Oakland U USA Inland panels USll iMIBi »u tuns Brjrh FOR VSI FISHGUARD BAT 205E HAN Ml CHIJU UK HANJIN KNANGYANG 08K HAN UN KUNSAN 074t
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      Page 38 Advertisements Column 3
      1049 38 m EVERGREEN Full Container Service Round*The-World East Bound (FE/CARIB/USEC/EURO/FE) m sst use mc mc pus mi o» net <w no In ft 22 4 21/4 24 27/4 ?l 4 3# 1/5 2 5 4 S 22 4 21 4 27/4 30 4 4,5 5 5 1/5 I S 15 U
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      1685 39 /s NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E1 BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREEi USA SERVICE *****82 TERMINAL OFFICE *****22 FAR EAST SERVICE *****31 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****89 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK SERVICE *****32 NEPLINE SDN BHD MALAYSIA K L (03) *****33.
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      Page 39 Advertisements Column 2
      440 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) BALT-ORIENT LINE/ HALT<ANADA LINK FULL CONTAINERSHIP SERVICES VIA ROTTERDAM FOR DISCHARGE OMIT
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      1333 40 K K LINE) KAWASAKI KISEN KAISHA, LTD AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX 27C6207/8/9 MALAYSIA "K" UNE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****01/5 PENANG *****0 J3 236 1 01 INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76. 57C7177.
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      Page 40 Advertisements Column 2
      1039 40 jT^^SS PHILI-OniCNT LIN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00 Telex: RS2B72OFAX: *****76 *****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION FCULCL SERVICE AUSTRALIA/MEW ZEALAND/SOUTH PACIFIC 19 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 22
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      924 41 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106 Tel: *****33 REGIONAL CONTAINER SERVICES CR NO. **********0E [SfLMARANG/SURABAYA 1 TAIWAN VESSEL BUNGA MELOR BUNGA RAVA VOY 184 194 SIN KEE 26/4 5/5 3/S 12/5 KAO SIN «/5 17/5 14/5 24/5 [BELAWAN/PENANG HO CHI MIN»1 VESSEL BUNGA
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      289 41 EacßenV I st CLASS CONTAINER TRANSPORT I\PRI SS <)\ I \l\| l< M l<\l( I Mil KAOKIIK o\||\| I-s( WEEKLY I \l'Kl SS (< I KSi i<\ i iKi s< i Ik iII (I>\ i i\i \i i K WEEKLY NZ-ORIENT LINE REGULAR DIRECT CONTAINER BREAKBULK SERVICE PT. KELANG/SPORE NOUMEA/FIJI
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      193 41 BOUSTEAD SHIPPING AGENCIES fA MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) MtRGUI VU3W HPAAN VI7SW MYOMAYWA VI4IW PAGAN VIB2IN Spore 16/17 Apr 16 19 Apt 22/24 Apr 30/1 May P.KIJ Std Pen PGdc THE BANK LINE (A service of Andre* Weir Shipping SEMI-CONTAINER SERVICE HEAVY LIFT
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      2063 44 c o 5 C O ///VI or/i\ SHIPPI\(i OA//' I\V A "J Conventional Semi-Container Liner Services Booking Agents: Shipping Freight Booking Centre Sdn Bhd fel 3.1/ Mil (4 lines) lAX 116 3851 fix IRFTIHRS 244/3 Grtatship Agencies Pte Ltd 11West Ahn'j cnly) let 538 1088 Fax *****16/*****66 Tlx US *****
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      Page 44 Advertisements Column 2
      217 44 SAMUDERA INDONESIA (S) PTE LTD 1S McCALLUM STREET «14-04 NATWEST CENTRE Singapore 0106 R*****0 Tel *****81-3 Me MS 4939, 227*136 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 WEEKLY FULL CONTAINER SERVICE SIN 18 04 (SAT) 20/04 (MON) 21/04 (TUE) 23/04 (THU) SIN 18 04 (SAT) 23/04 (THU) SIN 20/04 (MON)
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      354 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES PORT KLANG PH: 03/*****66 (12 LINES) II PENANG: 04/*****7 (10 LINES) FARGO SHIPPING Call our TOLL FREE LINES at 566-4833 WE ARE OFFERING THE MOST UNBELIEVABLE RATES FOR OUR CONSOLIDATION SERVICES TO THE FOLLOWING
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      543 45 m RICHFIELD MARINE MERCIES |S) PTE LTD TEL: *****33 (12 LlnM) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS ANO SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO ALSO tCCEPTRK 10 CIKTMM MOWM
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      172 45 fUCO Regional Container Lines c#h riO O i /ti* 1 JAKARTA BANGKOK GREAT REGION SHIPPING CO. PTE LTD <w<- A\coaswa\ sr. TEL *****88 (16 LINES) \A\r. )as i .vav s;?\ TOI L I HEK NO: *****68 (BOOKINGS ONLY )<IAVA\ A \G "Vessel Voy ETA ETO Destn TZU HANG 9241S 22/4
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      228 45 Bsagm TKtR-une i VSL VOY COLOMBO/COCHM/COLOMBO VESSEt VOY COLOMBO COCHIN COLOMBO ItGIR STREAM VIII 09 10 04 11-14/04 15 17/04 TIGER STREAM VII 9 15 17 04 IS 21 04 22 24 04 VSL VOY COLOMBO/IUTICORM/COCMN SERVICE VESSEL VOY CBO (UTI CCH CBO ASKAJHA SI? 13-14/04 17 11/04 15 16
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      507 46 S'PORE PENANG: (04) *****6 SIBU: (084) *****9 KK: (008) *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 EXPORT: *****22 IMPORT: *****11 17/4 18/4 28/4 29/4 20/4 21/4 19/4 30/4 22/4 3 saints per week 17/4 18/4 19/4 20/4 21/4 22/4 23/4 24/4
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      308 46 AUSTASIA LINE AND MERLION SHIPPING AGENCY m, new BLUE STAR LIME SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH LYTTELTON, ACCEPTING FCL LCL FOR AUCKLAND. NAPIER. WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN. INVERCARGIL, FIJI AND TAHITI SINGAPORE TO
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      710 46 THONG SOON LINES PTE. LTD. 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 TO PAH tAW/PAWM NEW QUINBA BERVICEB VESSEL VOY PUS HKG SIN POM HON RAB LAE EQUATOR RUBY 7/92S 12/04 21/04
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      79 49 Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION TECHNOLOGY in Business
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      Page 49 Miscellaneous Column 1
      461 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUH 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 *************************600 *************************300 17 11 07 05 06 09 15 23 28 29 17 12 08 06 06 08 15 23 28 29 1 7 1 1 07 05 06 09 14
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      1184 50 Don't miss Personal Finance Investment in Business Times every Saturday ULTIMATE FREIGHT SERVICES WEEKLY LCL ACCEPTANCE TO Mi X?. f. a* ISLANDS USA wn CANADA »Mfc, Portiand, SFO, LA, Mtw Yort and al Pt PoMs Montreal. Nw ftintwck, Wmptg» NOfl *Oul, yUVDCC VH|. EUROPEB <— r~ Pom, tag, Papeete, Noumea
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      515 51 HYUNDAI MERCHANT MARINE CO. LTD. FULLY CONTAINERISED TRANSPACIFIC SERVICE FEEDER RELAY VIA KAOHSIUNG FEEDER RELAY VA HONG KONG FROM PACIFIC SOUTH-WEST FEEDER RELAY VIA HONG KONG CONVENTIONAL SERVICES TO MIDDLE-EAST SIN PANARMOS WIND 18/4 HYUNDAI N0.3 28/4 TO USA GRIGOROUSSA ANDRES SPIRIT TO KOREA SEA HARVEST SLD LERESTI SLD GOLDEN
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      524 51 UL Hoi Sun Hup Co (Pte) Lt EASTKKN CAR MNKH LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS OUTBOUND VESSELS LOADING FOR CALCUT f A/CHITTACONC ORIENT VENTURE VI KTA SIN 17/4 LOADING FOR NACOYA/SEN/TYO COSMIC TRADER V 24 SP SLD PK IN PT IMLintermaritime SOUTHERN
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      337 51 A M©ls Mitsui O.S.K. Lines. Ltd AGENTS: MITSUI O S K LINES (SINGAPORE) PTE LTD MARKETING *****03: FREIGHT DOCUMENTATION *****98 FAX *****73 TLX: R*****1 MOLINE ADMIN/OPERATION: *****11 CONTR TERMINAL TEL: *****59 PSA PPW (GDN P4) TEL: *****92. *****82 MITSUI O.S.K. LINES (MALAYSIA) SDN BHD S JAYA *****31. P.KELANG 367 0
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      92 52 m da j? [•UnifrM FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 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
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      6 52 STMENT Every Saturday in Business Times
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