The Business Times, 24 April 1992

Microfilm: NL18194
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER EOR S-E ASIA 75* MITA (P) 35/12/91 Friday, April 24, 1992
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  • NEWS SUMMARY
    • Article
      Fewer Americans apply for jobless benefits
      56 1 WASHINGTON Fewer Americans filed for unemployment compensation in the latest week, surprising analysts who had expected a rise alter two straight declines. The US Labour Department said yesterday that 404.000 people applied for jobless benefits in the week ending April 11, down from a
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    • Article
      Oscar-winning Indian film-maker dies
      37 1 CALCUTTA Oscar-win-ning Indian film-maker Satyajit Ray died yesterday at the Bcllcvue Nursing Home, where he was admitted two months ago for a routine checkup but later developed kidney and heart problems, doctors said.
      37 words
    • Article
      Good news for many
      33 1 THE Indonesian government's new foreign investment rules are expected to appeal to many companies, particularly those involved in large resource projects and those targeting the domestic market Page 2
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    • Article
      Mobil to build plant
      34 1 AS PART OF a move towards cleaner fuels, Mobil Oil Singapore Pte Ltd is investing $150 million to build a new plant which will produce more environment-friendly diesel Page 2
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    • Article
      Khameleon closed
      16 1 STANDARD CHARTERED Bank has finally shut down Marina Village International's Khameleon discotheque Page 3
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    • Article
      Myanmar deficit
      21 1 MYANMAR's military government is expected to post a US$l billion (551.66 billion) deficit under its latest budget Page 10
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    • Article
      Taiwanese move
      12 1 TAIWANESE INVESTORS are shifting operations to South-east Asia Page 10
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    • Article
      Property warning
      27 1 EXPERTS have warned against blind investment in Thai property as the industry is still undermined by a series of market-based and political uncertainties Page 12
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    • Article
      Jurong optimistic
      44 1 LISTED Jurong Shipyard, which chalked up a sterling set of results last year, expects long-term contracts and block bookings to provide a "steady stream of income for the yard in the coming years", says chairman Lua Cheng Eng. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      24 1 WALL STREET stocks opened higher yesterday. After one hour of trading, the Dow Jones Industrial Average was up 2.69 points to 3,341.46.
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    • Article
      Footsie higher
      27 1 SHARE PRICES were higher at midday yesterday. At about 1115 GMT. the FrSE 100Share Index was up 22.3 points, or 0.8 per cent, at 2,630.1.
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    • Article
      MBf Fin bid blocked
      28 1 BANK NEGARA has blocked MBf Finance Bhd's proposed acquisition of a 35 per cent stake in Australian fund management company Aust-Wide Ltd Page 4
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    • Article
      Boost for King's
      37 1 THE JUMP in profits of King's Hotel Ltd last year was attributed to sharply lower losses incurred by investment subsidiary Trans Oil Pte Ltd. rather than improvements in the group's core businesses Page 4
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    • Article
      Flat profit for Wharf
      27 1 HONGKONG'S Wharf Holdings posted a slightly flat net profit of HKSI.2I billion (***** million) for the last nine months of 1991. Page 5
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    • Article
      Record profit
      32 1 SKANDINAVISKA Enskilda Banken's Singapore offshore branch and merchant banking subsidiary posted a 43 per cent jump" in their combined pretax profit for 1991 to a record 516.9 million Page 8
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    • Article, Illustration
      STOCK INDICES
      30 1 Thursday Change BT-MGA 685.30 +0.21 Kuala Lumpur ....582.90 +8.95 Tokyo 17,402.05 +562.93 Hongkong 5,287.78 f 98.75 Sydney 1,608.01 +9.0 Wednesday Change New York 3,338.77 -4.48 London 2,607.82 -18.0
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    • Article
      CURRENCIES
      30 1 London Gold AM fix USS338.60 USS0.30 Exchange rales USS SS 1.6570 100 Yen SS 1.2352 MS SS 0.6524 Money market rates Overnight 3 1/4 +1/8 3-month 3 3/16% +1/16
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    • Article
      COMMODITIES
      31 1 Rubber S pore May l42.25*/kg +0.50 M'sia May 217.00*/kg unch KL Tin Turnover 59 tonnes +13 Spot MS14.54/kg unch Crude palm oil Turnover 855 lots +424 July MS884 /tonne +5
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  • Article
    Anwar defends his economic policies
    493 1  -  Decisions not guided by political motives, chief executives told From Leslie Lopez in KUALA LUMPUR FACED with mounting criticism over his handling of the Malaysian economy. Finance Minister Anwar Ibrahim yesterday defended his policies and stressed that his decisions were not guided by political motives.
    493 words
  • Article
    Stocks rise sharply on Far Eastern exchanges
    174 1 SINGAPORE Far Eastern bourses posted sharp gains yesterday. Hongkong, where China's announced intention to move towards a market economy sent share prices to a new high in active trading, was clearly favoured by overseas institutional buyers. The Hang Seng Index gained 98.75 points,
    174 words
  • Article, Illustration
    Boon Teik to step down as AG, Sek Keong to take over
    419 1  -  By Conrad Raj SINGAPORE The Commonwealth's longest serving Attorney-General, Mr Tan Boon Teik, is stepping down on May 1 after serving 23 years in that post. A statement from the Prime Minister's OfFiee yesterday said that High Court
    419 words
  • Article
    Viet leaders brief Lee on move towards market economy
    482 1  -  Senior Minister's visit to Vietnam From Yang Razali Kassim in HANOI VIETNAMESE leaders, looking at Singapore as a possible model of development coupled with stability, yesterday gave Senior Minister Lee Kuan Yew a thorough update of Vietnam's move from central planning
    482 words
  • Article, Illustration
    Emporium Holdings chief Ch'ng Poh arrested in HK
    552 1  -  From Catherine Ong in HONGKONG MALAYSIAN businessman Ch'ng Poh. who controls the Emporium Holdings group in Singapore, has been arrested by Hongkong's anti-corrup-tion agency over an alleged theft of HK$l27 million (5527.2 million). Mr Ch'ng. who is out on bail, is helping
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      140 1 ~*`~:;-[!$}`_">.}@<{\!>.]>?"@;; Aircraft Schedule 31 KLSE 23 TV Radio 18 Commodities 30 Money Changer Rates 31 Unit Trusts 22 Company News 4.5,7 Money Market 29 Weather 31 Cryptic Crossword 31 Regional News 10 World Stock Markets 28 Editorial 14 Regional Stock Markets 27 Financial News 8 Regional/World News 12 Futures Options
      140 words
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      Page 1 Advertisements Column 2
      60 1 Malaysia won't curb ringgit's rise: Anwar, Pg 2 An investors' paradise, P R 14 Ld i& j^^KC^s HI fe^ |Ek *v,.-. /«r~ 398 >*$ijf a. testoniBOLOGNA ITALIA <5 ,f* AT A. TESTONI BOUTIQUES 401-15/16 Hilton Hold Shopping Gafloy Tel: *****55 #01-10 Mandarin Hotel Shopping Arcade Tel: *****38 #01-11 Raffles 328
      60 words
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      11 1 MADE LN WEST GEftMANY\ Sole Agen- WONG BROTHERS SHOE Tel: 283-3834
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  • PAGE 2 NEWS
    • Article
      Jakarta unveils new foreign investment rules
      537 2  -  Full foreign equity ownership allowed without export requirement From Maggie Ford in JAKARTA THE Indonesian government has unveiled new foreign investment rules which are likely to be particularly attractive to companies interested in large resource projects and in industries serving the domestic market. The
      537 words
    • Article, Illustration
      India's ITC group sets up international HQ in S'pore
      495 2  -  By S N Vasaki SINGAPORE One of India's largest private-sector companies has established its international headquarters in Singapore. ITC Global Trading Pte Ltd, a wholly-owned subsidiary of ITC Ltd, has started operations here with a capital base of US$5 million (SsB.3
      495 words
    • Article, Illustration
      Mobil investing S$150m on plant that will produce cleaner fuel
      443 2  -  Company's diesel-producing capacity to double to 50,000 bpd By Helen Chang SINGAPORE Mobil Oil Singapore Pte Ltd is investing SSISO million to build a new plant which will produce more environment-friendly diesel, as part of the move towards cleaner fuels.
      443 words
    • Article, Illustration
      Thai-M'sian gas pipeline under study
      429 2 BANGKOK THE Petroleum Authority of Thailand (PTT) is jointly conducting a feasibility study with Petronas Co Malaysia's national petroleum company on a project to lay a gas pipeline from Malaysia to Thailand, a Bangkok-based daily reported on Wednesday. Pratin Pathanaporn, PTT's deputy governor on policy
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    • Article
      Lock icon M'sian govt won't curb ringgit's rise, says Anwar
      385 2 Bernama Reuter KUALA LUMPUR Malaysian Finance Minister Anwar Ibrahim said the government will not intervene to stop the rise of the ringgit. He said the government was aware that some quarters have been adversely affected by the recent surge of the ringgit
      Bernama; Reuter  -  385 words
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      93 2 jj Recently Renovated And Managed By Kejora Holdings Sdn Bhd I Press Conference Cum Signing Ceremony At Hyatt Regency Singapore On 24 April 1992,11.00 am ,-fj (By Invitation) I For Enquiries Reservations, please contact: 1 Sinpapore Representative Office I KEJORA HOLDINGS SDN BHD TOWA DEVELOPMENT (S) PTE LTD (100% subsidiary
      93 words
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      Page 2 Advertisements Column 2
      13 2 Mobil and Amend* Hess torn in poor results, P| 7 Editorial, Pg 14
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Stanchart shuts down Marina Village disco
      447 3  -  Khameleon's closure marks end of Khamis' flagship By Dawn Tan STANDARD Chartered Bank has shut down Marina Village International's Khameleon discotheque, which represented the last portion of ongoing business at the food and entertainment complex. After months of speculation as to its fate, the
      Photo by Arthur Lee  -  447 words
    • Article
      Construction to start on freehold terrace factories at Genting, Tannery roads
      224 3  -  By Clarissa Tan CONSTRUCTION of a terrace of eight freehold factories will start soon on a 6,398 sq m rectangular site at the junction of Genting and Tannery roads. Whereas typical terrace factory developments in Singapore consist of two
      224 words
    • Article
      Growth triangles will speed up getting Afta going: Boon Heng
      251 3 ASEAN's growth triangles not only benefit the participating countries, they also promise to speed up the implementation of the Asean Free Trade Area (Afta), Senior Minister of State for Trade and Industry Lim Boon Heng said yesterday. Speaking at a
      251 words
    • Article
      DBS sacks four treasury dealers for violating bank's code of conduct
      215 3  -  By Quak Hiang Whai DBS Bank has sacked four dealers from its treasury department for violating the bank's code of conduct. A spokesman of the bank eonfirmed yesterday that the four dealers "ceased to be employees of the bank
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    • Article
      Road, diesel tax to be computed on daily basis
      320 3 RESPONDING to popular demand, the Government has announced that road tax and diesel tax will be computed on a daily basis from May 1. The move, which drew kudos from the Automobile Association of Singapore, follows an amendment to the Customs
      320 words
    • NEWS ROUNDUP
      • Article
        Lee to be keynote speaker at Pacific Rim Forum
        80 3 SENIOR Minister Lee Kuan Yew. known in the US as the George Washington of Asia, will be the keynote speaker at the 1992 Paeifie Rim Forum, whieh is to be held in San Diego, California, next month. Other speakers at the
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      • Article
        Consumer prices down 0.2pc
        61 3 THE Consumer Price Index in March fell by 0.2 per cent from February this year. The Department of Statistics said the drop was mainly due to cheaper food and lower costs of transport and communication. With cheaper seafood and fruits more than offsetting dearer cooked food,
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      • Article
        Changes in food rulings from May
        71 3 THE Ministry of the Environment is amending the Food Regulations 1988 following the completion of a review of the rules. The amendment will take effect from May 1. The changes will take into account international trends and the need to update some of the
        71 words
      • Article
        Corrections and clarifications
        88 3 OIL companies Shell, Esso, BP, Caltex, Mobil and SPC have raised their petrol prices by 0.4 cent and their diesel prices by two cents over the last two days, instead of 40 cents and $2 as reported in yesterday's BT. The price of intermediate grade unleaded petrol
        88 words
    • Article
      Prudential Asia buys 70pc of cleaning group
      207 3  -  By Genevieve Cue HONGKONG-based venture capital firm Prudential Asia Investments Ltd has acquired a 70 per cent stake in a regional commercial cleaning services group, the Environmental Services Group BV (ESG). ESG was acquired from Swedish home appliance giant AB Electrolux. which has
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      307 3 Whichever rood you take, we'll give you 9 good start. Q-rA WUiUilUaittiiHkiV FLEXI-DRIVE X^FINANCING/ Things are now looking better for car buyers. Flexi-Drive Financing* With the introduction of Flexi-Drive Financing, we Our unique Flexi-Drive Financing Scheme lets you give you the flexibility of two easy finance schemes. enjoy an attractive
      307 words
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      Page 3 Advertisements Column 2
      147 3 The 1881 Collection Calendomatic Ref. 40 B1 880 7/815 The result of decades of Movado's technological ingenuity. The variety of models in the 1881 Collection offer a wide range of choice, in yellow or pink 18 karat gold with mineral or sapphire crystals and leather or crocodile straps. The 1881
      147 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        United Malayan Flour Mills interim earnings up
        76 4 SINGAPORE United Malayan Flour Mills Bhd made a 58 per cent jump in group net earnings to M 53.51 million (552.29 million) for the six months ended Jan 31, 1992. Group pre-tax profit rose 42 per cent to M 56.44 million. Turnover added
        76 words
      • Article
        Times Pub unit's chief steps down
        73 4 SINGAPORE Mr Lim Chin Geok, the chief executive ot Marshall Cavendish Ltd, a wholly-owned subsidiary of Times Publishing Ltd, stepped down from his post on April 15 due to health reasons. Mr Hooi Kee Sum has assumed the post ot acting chief executive from
        73 words
      • Article
        CAHB posts 16 months results
        95 4 KUALA LUMPUR Commerce Asset-Holding Bhd (CAHB) achieved a group pre-tax profit of M 5117.61 million (5576.73 million) for the 16 months ended Dec 31, 1991, compared with the M 574.73 million recorded in the 12 months ended. Aug 31, 1990. Announcing its audited results yesterday,
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      • Article
        RJR wants bigger market share
        72 4 KUALA LUMPUR Cigarette maker RJ Reynolds Bhd whose main brand Salem is the number one menthol brand in Malaysia, is striving for market leadership through the introduction of extension brands such as Salem Lights, chairman Wan Azmi Wan Hamzah said in the groups 1991 annual
        72 words
      • Article
        Maypak proposes bonus issue
        85 4 KUALA LUMPUR Malaysia Packaging Industry Bhd (Maypak) has proposed a bonus issue of one new ordinary share for every two existing shares held by its shareholders. The proposed bonus issue will be effected by capitalising M 564,979 (5542,393) from the capital reserve account and Ms 7
        85 words
    • Article
      Bank Negara vetoes MBf's Aussie venture
      411 4  -  Bid to acquire 35pc of fund management firm Aust-Wide fails From Florence Chong in SYDNEY MALAYSIA'S Bank Negara has blocked MBf Finance Bhd's proposed acquisition of a 35 per cent stake in an Australian fund management company, Aust-Wide Ltd, which is now embroiled in
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    • Article
      King's Hotel profits rise sharply as subsidiary's losses fall
      403 4 SINGAPORE The big jump in profits of King's Hotel Ltd last year was due mainly to sharply lower losses incurred by its investment subsidiary, Trans Oil Pte Ltd, rather than significant improvements in the group's core businesses, figures in the company's
      403 words
    • Article
      CCL boosts NZ presence by buying another Mazda outlet
      479 4  -  By Sylvia Wong SINGAPORE Undeterred by the recession, Cycle Carriage Ltd (CCL) has increased its presence in the New Zealand car market by buying another Mazda retail outlet in Christchurch. CCL now has four Mazda outlets in Auckland and Christchurch as
      479 words
    • Article
      NOL, Vietfracht sign joint-venture deal
      169 4 SINGAPORE National carrier Neptune Orient Lines Ltd (NOL) has formalised its joint venture agreement with Vietnamese state-owned corporation Vietfracht to form Singapore-based Centenary Shipping Company Ltd. The contract was signed on Wednesday. Centenary Shipping, incorporated on March 28, is 60 per cent owned by NOL
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    • Article
      United Pulp & Paper acquires Modern Packaging Industries
      287 4 United Pulp Paper acquires Modern Packaging Industries SINGAPORE Paper carton manufacturer United Pulp Paper Company Limited (UPP) is expanding into flexible packaging products by buying over Modern Packaging Industries (Pte) Ltd (MPI). In a circular to shareholders yesterday, the directors of UPP said that the acquisition would enable the company
      287 words
    • Article
      Lock icon Tile-making firm Kim Hin gets approval for flotation exercise
      400 4 Bernama KUALA LUMPUR Ku-ching-based tile-maker Kim Hin Industry Berhad, which is going public, has obtained approval from the Capital Issues Committee for the flotation exercise. Managing director Johnnie Chua in a statement yesterday said that the proposed flotation scheme would comprise
      Bernama  -  400 words
    • Article
      Lock icon MWE Properties to buy dormant KL company
      201 4 Bernama KUALA LUMPUR MWE Holdings Berhad announced that its whollyowned subsidiary, MWE Properties Sdn Bhd, has entered into a conditional sale and purchase agreement with 10 vendors to acquire the entire equity of Melati Mewah Sdn Bhd for M 534.848 million (5522.73 million)
      Bernama  -  201 words
    • Article
      Lock icon Wharf Holdings' profits dented by hotel slowdown
      466 5 Reuter HONGKONG Hongkong's Wharf Holdings posted a slightly flat net profit for the last nine months of 1991, but analysts expect better growth in the next two years as the hotel industry recovers. The corporate empire controlled by the family of late shipping
      Reuter  -  466 words
    • Article
      Lock icon Cheung Kong to take up HK$500m P Concord note
      173 5 Reuter HONGKONG Cheung Kong (Holdings) Ltd has agreed to subscribe for a three-year HK$5OO million (S$ 107.25 million) convertible redeemable note from Pacific Concord Holding Ltd that entitles it access to 179 million Pacific Concord shares at HKS2.BO each. Cheung Kong,
      Reuter  -  173 words
    • Article
      Lock icon Seoul shelves sanctions against Hyundai unit
      252 5 AFP SEOUL South Korean President Roh Tae Woo's government backed off yesterday from its attack on the Hyundai business group, shelving widely expected sanctions against a group subsidiary. The chief of the Office of Bank Supervision (OBS), Hwang Chang Ki, told a press conference
      AFP  -  252 words
    • Article
      Lock icon Prospects for small NZ companies bright
      450 5 MARKET Reuter AUCKLAND, New Zealand, New Zealand's small listed companies continue to attract glowing reviews for their gleaming balance sheets and bright prospects, while many of the big ones wrestle with low earnings and poor sentiment. Many of these favourites are due to issue
      Reuter  -  450 words
    • COMPANY BRIEFS
      • Article
        Ayala Land declares cash dividends
        115 5 MANILA Real estate developer Ayala Land Inc of the Ayala Corp conglomerate declared a special 0.03 peso per share cash dividend for stockholders on record as of April 30, the company said. "This was made in consideration of the satisfactory results of the company's business
        115 words
      • Article
        Brunei Shell plant opens
        65 5 SERIA, Brunei Brunei Shell Petroleum Co Sdn Bhd has commissioned a Brunei $100 million (SSIOO million) reformer plant to pave the way for unleaded motor gasoline, in part of a worldwide trend to conserve the environment, officials said. Brunei Shell, a 50/50 venture between the Brunei
        65 words
      • Article
        AOTC to spend A$10b
        64 5 MELBOURNE The Australian and Overseas Telecommunications Corp Ltd (AOTC) will spend Aslo billion (SS 12.61 billion) over the next five years on equipment, research and development. AOTC, formed on February 1 from a merger of the Australian government-owned Telecom and OTC, said spending will go on
        64 words
      • Article
        S Korean banks penalised
        73 5 SEOUL South Korean central bank, Bank of Korea (BoK), imposed penalties of a combined one billion won (552.127 million) on three city banks Chohung Bank, Korea First Bank and Hanil Bank for failing to meet the twice-month-ly won reserve requirement, said a BoK official. These were
        73 words
    • Article
      Lock icon Coca-Cola takes action against alleged counterfeit
      329 7 S Korean drinks manufacturer accused of imitating Sprite AP SEOUL Coca-Cola Co is contesting in court that it has become the latest victim ol South Korea's widespread practice of trademark imitations, including Nice tor Nike, Lucci for Gucci and Pola for Polo. Coca-Cola has
      AP  -  329 words
    • Article
      Lock icon Mobil and Amerada Hess turn in poor results
      472 7 NYT DALLAS Mobil Corp has announced that its earnings plunged 82.1 per cent in the first quarter, while Amerada Hess Corp said it lost U5523.4 million (5538.8 million). Recession, lower prices for crude oil and natural gas crimped profits for most global
      NYT  -  472 words
    • Article
      Lock icon GE to probe diamond charges
      152 7 NYT CINCINNATI General Electric Co has begun an internal investigation into charges that some of its officials conspired with the De Beers cartel to fix the price of industrial diamonds, as asserted by a former vice-president in a lawsuit. The unusual suit was filed on
      NYT  -  152 words
    • Article, Illustration
      Lock icon McDonald's ushers in the age of hamburger diplomacy in Beijing
      494 7 AFP BEIJING Mao Zedong once said that "revolution is not a dinner party." His words rang hollow yesterday as McDonald's, the US fast-food king, opened its biggest restaurant in the world here. Thousands of Chinese lined up for hours under
      AFP  -  494 words
    • Article
      Lock icon Olympia & York buys time with share sale, loan
      410 7 Olympia York buys time with share sale, loan NYT AP TORONTO Olympia and York Developments Ltd, the Canadian real estate giant tottering on the verge of bankruptcy, has unloaded Cs6s million (Ss9l million) worth of shares in Trilon Financial Corp and negotiated an emergency loan of Cs3o million. The two
      NYT; AP  -  410 words
    • COMPANY BRIEFS
      • Article
        Teledyne accused of falsifying weapons tests
        114 7 LOS ANGELES The Justice Department has accused Teledyne Inc, a leading maker of military electronics, of systematically falsifying tests on one of the most basic components of sophisticated weapons and spacecraft, according to a lawsuit unsealed here on Wednesday by a federal judge. The
        114 words
      • Article
        Caterpillar posts US$132m loss
        92 7 CHICAGO Caterpillar Inc on Wednesday reported a first-quarter loss of US$l32 million (Ss2lB million), which the company blamed almost entirely on weak markets and not on the just-ended strike by the United Auto Workers. The five-month-long walkout had "virtually no impact on sales," the construction equipment
        92 words
      • Article
        SGS-Thomson, Philips sign pact
        66 7 PARIS SGS-Thomson Microelectronics BV and Philips Semiconductors said on Wednesday they had finalised an accord to jointly develop miniature electronic components and were exploring wider cooperation. The semiconductor makers, two of the biggest sellers of integrated circuits in the European market, aim to develop logic chips
        66 words
      • Article
        De Benedetti to sell bank stake
        84 7 MADRID Italian financier Carlo de Benedetti will sell his 12 per cent stake in Spain's Banco Zaragozano SA to Alberto Cortina and Alberto Alcocer for undisclosed terms, bank president Jose Ramon Alvarez Rendueles said on Wednesday. The Spanish businessmen, who currently have a 30
        84 words
    • Article
      Lock icon Exchange fines Drexel a record US$2.5m
      248 7 Reuter NEW YORK The New York Stock Exchange (NYSE) on Wednesday announced a record US$2.5 million fine against former junk bond powerhouse Drexel Burn ham Lambert Inc and its parent company, the Drexel Burnham Lambert Group Inc. "Without admitting or denying the allegations, the
      Reuter  -  248 words
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      Page 4 Advertisements Column 1
      230 4 m managers /|/|us V lanoge BT shows you how every Monday. BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4) 1998 The theme for this year's supplement Is "Managing the Tiger" which focuses cm the tremendous growth achieved in recent years by Asia's banking and finance
      230 words
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      Page 5 Advertisements Column 1
      88 5 long (y/W'/iO S"k SHORT pST/M/7 f term LEASE /y iervTTE I APARTMENTS i»= 1 Ji Enjoy the comforts /I; security of home ill along Beach Road 1V fully furnished one and two bedroom recreational m l|Jj* j| jj( facilities ff !f jf u convenient 1 yj J| shopping/banking Ij amenities
      88 words
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      Page 5 Advertisements Column 2
      209 5 Business confidence in New Zealand at 20-year high, Pg 12 Fly Emirates. Indian Subcontinent V C^H^H EVERY PASSENGER GETS THE BEST SEAT IN THE HOUSE. j£mj Arabic language channel. Not surprisingly, Emirates ■HlB"pB* In Business Class and is the first airline in the fcgOMfii Economy, the screens will be world
      209 words
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      3857 6 HFHV Article 58 (1) shall be amended by deleting Dot inclusive appearing in the fourth line and Article 85 shall be deleted in its entirety and the ordinal Articles 86 to 140 shall be H substituting in place thereof the words and" redesignated as Articles 85 to 139 respectively I
      3,857 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Lock icon HSBC courts hesitant Midland shareholders
      589 8 Chairman warns that bank may tire of waiting and pull out IHT LONDON William Purves, chairman of Hongkong and Shanghai Bank, turned up the heat on Wednesday on wavering Midland Bank shareholders in his £3.1 billion (SS9.I million) bid to take over their bank. Without
      IHT  -  589 words
    • Article
      Lock icon Indian central bank acts to cool bourse
      162 8 Reuter NEW DELHI India's central bank, in a desperate bid to cool down a supercharged stock market, has ordered banks not to fund speculative trading which could scare away smaller investors unnerved by the bull rampage. The Reserve Bank of India (RBI) directives
      Reuter  -  162 words
    • Article
      Lock icon Merged BankAmerica's Asian units seen profitable
      367 8 Reuter HONGKONG The Asian units of newlv-merged BankAmerica are expected to mix smoothly and start generating bigger profits almost immediately, the bank's regional chief said yesterday. Last year Bank America Corp bought Security Pacific Corp to create the second biggest US bank in terms
      Reuter  -  367 words
    • Article
      S-E-Banken S'pore's profit up 43pc
      276 8  -  By Quak Hiang Whai SINGAPORE THE offshore branch and merchant banking subsidiary of Skandinaviska Enskilda Banken posted a 43 per cent jump in their combined pre-tax profit for 1991 and announced a plan to expand their roles in this region. Walter Peterson, the chief executive
      276 words
    • Article
      Lock icon Fed tightens limit on loans by banks to insiders
      313 8 NYT NEW YORK The Federal Reserve Board adopted tighter limits on Wednesday on the amount a bank is allowed to lend to its directors, executives and large shareholders. For banks above US$lOO million (S$ 165.7 million) in size, total loans to
      NYT  -  313 words
    • Article
      Lock icon FBI looking into large-scale frauds in New England
      330 8 NYT WASHINGTON Federal authorities are investigating more than 230 cases of suspected banking fraud in the US state of New England that could amount to over US$l billion (S$ 1.66 billion), shifting the chief focus of their banking inquiries from the South-west.
      NYT  -  330 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      120 8 attention CbRTCX^TE CHIEFS The New Paper Big Walk '92 is incredibly big. Big [jSjtT in fun and excitement. Big in healthy lifestyle. And liSSsSriCv real big in prizes. So if your company is equally big in BIG WALK *92 sportsmanship, inspire your staff to form a team. And sign up
      120 words
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      Page 9 Advertisements Column 1
      218 9 Mem or ex Telex is pleased to inform you that on 18 February 1992, we went public. Our stocks are presently trading on NASDAQ in the New York Stock Exchange under the symbol MEMXY. Also on 18February 1992, Memorex Telex has emerged from U.S. Court protection under Chapter 11 which
      218 words
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  • THE REGION
    • Article
      Lock icon Myanmar to post US$1b deficit
      363 10 Defence to take up 35pc of spending in latest budget UPI YANGON Myanmar's military government has enacted an annual budget with a US$l billion (551.66 billion) deficit and a heavy commitment to internal security, headed by a 35 per cent share for defence spending, officials
      UPI  -  363 words
    • Article, Illustration
      Lock icon Group seeks world action against regime's abuses
      372 10 UPI TOKYO An investigative commission has called on the Japanese government and international organisations to take steps against the military regime in Myanmar to stop human rights abuses. The commission, organised by six lawyers from Japan, Thailand and the Philippines, disclosed on Wednesday
      UPI  -  372 words
    • Article
      Lock icon Taipei investors pour US$1.8b into S-EAsia
      260 10 AFP TAIPEI Taiwan investors have poured US$l.79 billion (552.97 billion) into Southeast Asia over the past three years. Investment Commission officials said yesterday. A total of US$l.23 billion was invested in the US during the same 1989-91 period, they said. Pressed by exorbitant land
      AFP  -  260 words
    • Article
      Lock icon Philippine polls pose no danger to investment, EC forum told
      562 10 AFP BRUSSELS Visiting businessmen and officials from the Philippines have emphasised that forthcoming elections in their country pose no dangers to investors. They added that Japanese. South Korean and Taiwanese businessmen were far more alert to profit opportunities in the
      AFP  -  562 words
    • Article, Illustration
      Lock icon Try still in running for Indonesian vice-presidency
      571 10 Military chief survives E Timor shooting and doubts over personal abilities Reuter JAKARTA Try Sutrisno. Indonesia's boyish-looking military commander, has survived an international outcry over a massacre in East Timor and doubts about his own abilities to emerge as a favourite to become
      Reuter  -  571 words
    • Article
      Lock icon Don't use scriptures to stir up trouble, Muslim party told
      196 10 Reuter JAKARTA Indonesian military' commander Try Sutrisno has warned against using verses from the Koran to stir up trouble in campaigning for the general election on June 9. Addressing a rally of the Muslim-based United Development Part) (PPP) in west
      Reuter  -  196 words
  • Page 10 Advertisements
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      245 10 BUSINES S T 1 M E S Toil fr— Tal No 737 0Q43 Fax No: 734 3608 "OA Consulting JL/T. Group GENERAL MANAGER (ASIA) China Focus Neg over *****,000 Benefits (Ref. 4851) This it a rare opportunity to join a world-class manufacturer and distributor which has ambitious plans for expansion
      245 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      1344 11 @£SA harimau investments limited (Incorporated in the Republic of Singapore) tjgy NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of the Company will be held at 65 Chutia Street «IMO. Conference Room. OCBC Centre, Singapore 0104 on Wednesday, 20 May 1992 at 12.00 noon for
      1,344 words
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        Manila nets 28b pesos from privatisation
        107 12 MANILA The Philippine government has earned 28.66 billion pesos (S$ 1.85 billion) by privatising companies and assets since 1987, the official Assets Privatisation Trust (APT) said on Wednesday. APT chief Ramon Garcia said in a report to President Corazon Aquino, made available to the
        107 words
      • Article
        Give Arabs incentives, KL urged
        88 12 KUALA LUMPUR The Malaysian government should give special business incentives to attract West Asian investors such as those given to the Taiwanese and Japanese, the president of Joint Arab Malaysian Investment Company Bhd, Kamaruddin Mohamad Nor, said yesterday. The comparative advantages Malavsia was offering was
        88 words
      • Article
        Dutch trade mission in Vietnam
        89 12 THE HAGUE The Netherlands sent its first ministeriallevel trade mission to Vietnam yesterday to boost business ties with the country, a government official said. The delegation, comprising 30 companies and led by Foreign Trade Minister Yvonne van Rooy, will be visiting Hanoi and Ho Chi
        89 words
      • Article
        Korean semiconductor exports up
        108 12 SEOUL South Korea's exports of semiconductors during the first three months of this year surged by a sharp 27 per cent from a year earlier, officials said yesterday. The Ministry of Trade and Industry said the three-month exports rose to US$l.57 billion (552.6 billion) from US$l.24
        108 words
      • Article
        Japanese slowdown widespread
        127 12 TOKYO Japan's economic slowdown has been widespread in many regions, the Ministry of Finance (MOF) said in a report yesterday. Summarising reports from regional representatives, the ministry said weaker industrial production as well as slimmer corporate profits, especially in the manufacturing sector, were notable in most areas.
        127 words
    • Article, Illustration
      Lock icon NZ forestry industry needs foreign investors: report
      280 12 Reuter AUCKLAND New Zealand's forestry industry faces exciting possibilities over the next 10 years provided it assumes a market-led strategy and takes a positive attitude to foreign investment, said economists at Westpac Banking Corp. Even though New Zealand production represents just 0.6 per
      Reuter  -  280 words
    • Article
      Lock icon Thai property investments still hold uncertainties
      694 12 They range from the market-based to the political South China Morning Post HONGKONG The Thai property market offers all the promise of a country making the transition from the developing to developed, but experts warn against blind investment in a state edgy about foreign
      South China Morning Post  -  694 words
    • Article
      Lock icon NZ business confidence at 20-year high: poll
      319 12 Reuter WELLINGTON Business confidence in New Zealand is at its highest level in nearly 20 years, the country's Institute of Economic Research (NZIER) said in its JanuaryMarch quarter survey of business opinion. Forty-seven per cent of businesses surveyed expected improvement in the general
      Reuter  -  319 words
    • Article
      Lock icon US per capita income falls for first time in 9 years
      292 12 AP WASHINGTON Adjusted for inflation, Americans* per capita income shrank in 1991 for the first time in nine years. Personal income totalled U5519,082 (5531,676) per person last year, just 2.1 per cent more than in 1990, the US Commerce
      AP  -  292 words
    • Article, Illustration
      Gatt talks on services will be tough, says Arthur Andersen CEO
      431 12  -  By Chiang Peck Ming SINGAPORE If the Gatt talks now bogged down by European farm subsidies look tough, they are going to be even tougher when the trade talks move to services, says the chief executive of Arthur Andersen,
      431 words
    • Article, Illustration
      Lock icon Prince Charles calls for action on the environment
      340 12 Reuter LONDON Britain's Prince Charles called on Wednesday for vision and courage in tackling the earth's environmental problems. He also urged world leaders to come up with strategies to tackle the twin issues of population growth and poverty at an international ecological
      Reuter  -  340 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      318 12 JC\ Til Til TT 11 wil worth lt 1116 first our correct entries drawn by our judges will win: t's been a long hard week. How does a golf retreat sound H H K A rctum Business Class ticket to Brisbane, on British Airways; to you? I i I i
      318 words
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      Page 12 Advertisements Column 2
      24 12 A chance to round up the Uruguay round, Pg IS US, EC pledge to work towards world trade P®ct, Pg 24 Editorial, Pg 14
      24 words
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  • SPORTS
    • Article, Illustration
      Lock icon America3 increases lead, New Zealand beats Italy
      526 13 America's Cup Reuter SAN DIEGO America 3 extended its lead over Dennis Conner's Stars and Stripes in the America's Cup defenders' finals on Wednesday, while New Zealand beat Italy's II Moro di Venezia in another cliff-hanger between the two challenger finalists. The New
      Reuter  -  526 words
    • Article, Illustration
      Lock icon US sumo wrestler denies saying racism blocked his promotion
      428 13 UPI TOKYO American sumo wrestler Konishiki denies saying "simple racism" blocked his elevation to the ancient sport's highest rank as reported in a New York Times article, his stable master said on Wednesday. "I talked with Konishiki," said stable master Takasago.
      UPI  -  428 words
    • Article
      Lock icon Becker and Stich move into third round in Monte Carlo
      244 13 AP MONTE CARLO It was a case of role reversal on the clay courts at the Monte Carlo Open tennis tournament. Two players with four grasscourt Wimbledon titles between them won, while the defending champion and the hottest player on
      AP  -  244 words
    • Article
      Lock icon Trevino and Hill set to defend Legends title
      340 13 AP AUSTIN, Texas Lee Trevino and Mike Hill are hot and ready to defend their Legends of Golf title in the tournament which began yesterday. They finished 1-2 in last weekend's PGA Senior Championship, rank No 1 and No 3 on the
      AP  -  340 words
    • Article
      Lock icon Couples and Love get set for Greensboro
      177 13 AP GREENSBORO. North Carolina This week's anticipated showdown between Davis Love 111 and Fred Couples at the Greater Greensboro Open might not be the knock-down, drag-out battle golf fans are hoping for. Although the PGA's two hottest items will be trying to add
      AP  -  177 words
    • SIDE LINES
      • Article
        O'Kane shocks James in snooker championship
        149 13 SHEFFIELD, England New Zealander Dene O'Kane staged a magnificent fightback here on Wednesday to shock seventh seed Steve James in the first round of the World Snooker Championship. The Aucklander, who won nine successive frames from 5-1 down to beat 1980 world champion Cliff
        149 words
      • Article
        Bruno closer to world title
        110 13 LONDON British heavyweight Frank Bruno moved a step closer to a third crack at the world title here on Wednesday night when he knocked out Cuban Jose Ribalta in the second round. The former European champion, in his second comeback fight after an eye operation,
        110 words
      • Article
        Johnson lifts WBA crown
        94 13 EAST RUTHERFORD. New Jersey American Reggie Johnson opened cuts around Steve Collins' eyes then held off a late rally by the Irishman to win the vacant World Boxing Association middleweight title. The 25-year-old Texan appeared virtually unhurt in the 12-round bout. He took control of the
        94 words
      • Article
        Guthrie wins heptathlon
        92 13 PHILADELPHIA Jamaican Diane Guthrie, winner of the long jump at last summer's Pan American Games, won the heptathlon here on Wednesday, her second straight title in the event at the Penn Relays. Guthrie finished the two-day, seven-discipline event with victories in five disciplines, a second place and
        92 words
      • Article
        Matthaus' operation a success
        84 13 VAIL, Colorado The prognosis for German football captain Lothar Matthaus is excellent after surgery to repair a right knee injury, Dr Richard Steadman said here on Wednesday. Dr Steadman, whose clients include American football players, alpine skiers, baseball and tennis players, said he expected Matthaus to
        84 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      325 13 Sn/iW YOUR WAY TO IMB 1992 BRITISH OPEN .v MimnELD. SCOTLAND. HOME OF THE M 992 BRITISH OPEN H-mak I r' '-Liifjfcr^^^E^HHHßliHj^^^^^Bßß jflF BRITISH OPEN an opportunity to This promotion period is a 750 ml bottle of swing your way only valid from March 6 Ballantine's Gold Seal to the
      325 words
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  • Article
    Time to face hard options
    462 14 EDITORIAL THERE have been encouraging signs, lately, of industry developing an environental conscience. Investments in R D, for example, are beginning to yield results which are being felt right here in Singapore. Witness Mobil Oil Singapore's $150 million refinery project, which will produce low-sul-phur diesel.
    462 words
  • WHAT THE OTHERS SAY
    • Article
      Suchinda's burden
      254 14 GOVERNMENTS come and go in Thailand, and the latest one formed by General Suchinda Kraprayoon is no different from the rest. It comes from the same mould as the Chatichai Choonhavan government which he toppled in February last year on the grounds that it was hopelessly corrupt. Gen
      254 words
    • Article
      Afghan lesson
      165 14 THE Afghan situation, which has been the major concern of the international community for years, has recently undergone rapid development: former Afghan president, Najibullah. has gone into hiding in the UN office in Kabul and the anti-government guerilla force has entered Kabul and taken control of the capital.
      165 words
    • Article
      Bintan's call
      77 14 THE simple ground-breaking ceremonies to mark the building of ferry terminals both in Bintan and Changi cement the cooperation between Singapore and Indonesia in developing the Riau archipelago. By tapping Singapore's expertise in industrialisation, communication network or pollution control, Bintan can become an economic landmark for Indonesia. The
      77 words
  • REGIONAL VIEWPOINTS
    • Article
      The pros and cons
      222 14 "HOW about approving a company buying its own shares on the open market as a means to give a shot in the arm to the sluggish stock market? The glut of stocks in the market will be absorbed by that and stock prices will surely rise."
      222 words
    • Article
      China and the US
      165 14 HONGKONG'S favourite fantasy that it is at the centre of the earth will be fed this week, with a whole slew of senators from Washington in town to size up the 1997 situation. With the renewal of China's Most Favoured Nation trade status by no means
      165 words
    • Article
      A way out
      129 14 FACED with growing opposition from the prodemocracy alliance and internal discontent among the coalition parties, there seem to be few options left for General Suchinda's government. Dissolving Parliament is one of the options. Staging a military coup is another, but one which will certainly plunge the country
      129 words
  • Article, Illustration
    An investors' paradise
    1161 14  -  As Vietnam prepares to transform its economy and investment opportunities abound, Singapore is quietly but surely heading the list of top investor countries. Yang Razali Kassim reports from Hanoi Yang Razali Kassim The writer is a senior BT correspondent Amidst decrepit old buildings and dusty roads, signs
    1,161 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      50 14 Cambodia: From killing fields to I goldmine? Cashing in on the Batam boom Selling design to the Singapore manufacturer If the axe should fall on you The Indian subcontinent makes its B| economic move How some tycoons share their wealth Investment spotlight on Amcol Holdings Lt\Jwv 1 and Jack Chia-MPH
      50 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      32 14 DOONESBURY by garry trudeau fpl I MEAN, UHILZUt'RE SITTING [ZZI! llf THISI96OIN6 m Ht&.ThISBRANP-NEM) UFZ, L TOBtTHtLOM- I THIS NSAN& MIRACLE, ft TAK- py BMN6 CfRJW ?e&POJRHOURS f IN6 PLACBIN TUB NtXTROOM'
      32 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon A chance to round up the Uruguay round
      1138 15  -  Mats Hellstrom says there is a Gatt package, proposed by its director-general Arthur Dunkel, which can advance world economic progress Mats Hellstrom The writer, a former minister of trade and agriculture of Sweden, has been closely involved in the Gatt negotiations IHT
      IHT  -  1,138 words
    • Article, Illustration
      Foraging in the forex market
      1333 15  -  Trading volumes for the foreign exchange market have plunged, leaving some of the market's players sidelined, and the others scrambling for whatever there is left. Elaine Koh reports Elaine Koh This is an abridged version lifted from the March issue of Singapore Business FOREX dealers,
      1,333 words
    • Article
      Lock icon Big on benefits
      866 15 A recent survey of Japanese firms revealed some companies which provide excellent fringe benefits Asahi News Service A CHEMICAL company helps arrange housing loans of up to 40 million yen (*****,000) for its employees and pays some of the interest. An office-equipment maker gives its employees far
      Asahi News Service  -  866 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Bleak outlook for ex-Soviet Union
      641 16 What the IMF forecasts for various economies Reuter THE former Soviet Union will suffer hyperinflation and a collapse in output this year as the region struggles to transform its economy after more than 70 years of communism, the International Monetary Fund (IMF) said on Wednesday.
      Reuter  -  641 words
    • Article
      Lock icon Latin American economic growth likely to double to 4.2 pc by 1993
      430 16 AFP LATIN America's economies, which began growing in 1991 after a decade of stagnation, will double their growth rate to 4.2 per cent by 1993, the International Monetary Fund reported on Wednesday. The region's "lost decade" of the
      AFP  -  430 words
    • Article
      Lock icon Developing nations' debt growth likely to slow further
      301 16 AFP THE DEBT level of developing countries grew by less than 5 per cent in 1991 and this trend is expected to continue in 1992 and 1993, the IMF said on Wednesday. The cost of debt-servicing in developing countries, excluding the former
      AFP  -  301 words
    • Article
      Lock icon Market restriction widens nations' income gap
      554 17 A look at two aspects of the UN's 1992 Human Development Report Reuter AP Restricted access to the world's markets costs developing countries an annual US$5OO billion (SsB3o billion) and has helped widen the income gap between rich and poor nations, a United Nations
      Reuter; AP  -  554 words
    • Article
      Lock icon Canada overtakes Japan to top quality-of-life ranking
      390 17 AP CANADA has displaced Japan at the top of a United Nations quality-of-life ranking which rated 160 countries by combining life expectancy, education and income purchasing power. The index, prepared by international economists, was part of the 1992 Human Development Report released in
      AP  -  390 words
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      181 16 WARRANTIES 1-YEAR WARRANTY WITH UNUMITCO MILEAGE Msur Ultimo fmMtoM to pfOvMo moMeDOMO Mil MP* M MMV «**>• port oiieerAe* free of ctaife 1-YEAR PAINTWORK WARRANTY* VWTiVfVIV fvwi liVHi «nni| 1 RUrr-THROUfIW *wr A«r« body l> IWAIMAHUmMPt AMU MMUR l^S.^ M.»r SERVICES 1-YEAR FREE MAINTENANCE* Meter UMmo entattfete moMoto veer Mftoeef
      181 words
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  • Page 17 Advertisements
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      459 17 THE MANDARIN SINGAPORE NORTHWEST AIRLINES present MICHAEL FRANKS The Yellowjackets I v N M jjjanmi «weapon jg|L Rare is the all round performer. Rarer still one who spins audial poetry in a musical landscape that teems with romantic ballads tempered by soulful latin rhythm. For one night only, witness the
      459 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      901 18 Nothing Beats A Bud. where to wine, dine I ill I 'L/are, royal steamboat feast arrives from Beijing B&siSa&a&i §3S3Sl2&ai£3 For the first f Steamboat set I time, savour the lunch or dinner I choicest cuts of at >Cr I the leanest lamb person (min 2 I 11 dips. Other
      901 words
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      Page 18 Advertisements Column 2
      164 18 Now You've Got 10 Good Reaaow To I Take Her To The Mandarin Singapore. 1m„1 Sacfeaariaa'Weak UachatPineCowt I April 20-15 1992 UHonShaw«l.ls|Ma. I Lunch at The 9iaMtt $128+ for 4 penora I FashionShowM 1.15 pjm. $188+ for 6 I Afternoon Tta at Mcxz«nincL«ante3p.m.-6 I $16++ pet adult $10++ per child
      164 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      655 18 TELEVISION AND RADIO ¥T J• 1 J* SOCI2 !:SSK" ta businessonßADlO 'M T11"11 O OOITI T1 Jll.l OH ;.M m CNN totonuttoul (L) ff*high" M« Nrttail'ltaJliMl. BBC, 08.0 mtta to VHF Band B T T lllllllltl VV/1111/llltiilV/ll 8.00 NatioMl Geographic Explorer 10.49 Friday at the Movtoa Best JJJ Layar Mutiara.
      655 words
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  • LIFESTYLE
    • Article, Illustration
      Portrait of Vincent
      740 19  -  Singapore International Film Festival Claire Leow finds Vincent and Theo a watchable if languorous film that imitates art Claire Leow Sometimes when Art imitates Art, the result is not merely a sincere form of flattery but also a humble tribute. Vincent and Theo, the Singapore International Film
      740 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      281 19 AND ENTERTAIN Take your secretary to lunch on a sumptuous buffet spread and enjoy the latest local fashions along the way... Monday Western Favourites Tnetday Chinese Delights Wednesday Malay Temptations Thursday Asian Seafood Friday Italian Raptures Saturday International Lunch is served from 12.00 noon to 2.30 pm. Sponsors: Evian mineral
      281 words
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      Page 19 Advertisements Column 2
      70 19 ,^r' till 30/4/92^H Complimentary Birll>day Cake I Booting 2* Mrs .n advance) Lobster Salad with Fresh Fruit Bean Curd n Pineapple H Crab Meat with Shark's Fm Fred Prawns wfDned Red Ch* Deep Fried Crispy ChAen Braised Noodtes w (Shredded Duck Red Fish w/Soya Bean Crumb Maple leaf special Pan
      70 words
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      Page 19 Advertisements Column 3
      167 19 A card that offers not only Discount Credit but a choice of Varieties Venues 10% discount at these outlets: Her Sea Palace Restaurant Prima Tower Revolving Restaurant (Forum Calleria United Square) (Keppel Road) Miyako Sushi Bar Teochew City Seafood Restaurant (Straits Trading Building) (Centrepoint Straits Trading Building) Mamma Mia Ristorante
      167 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Buying of lower-priced shares stabilises market
      4128 20  -  By Genevieve Cua BARGAIN hunting in lower-priced second liners and Malaysian stocks in the over-the-counter market took centrestage yesterday as sharp gains in regional bourses boosted investor sentiment. But the key Straits Times Industrials Index slipped 0.83 point to close at 1,402.27, reflecting lacklustre
      4,128 words
    • Article, Illustration
      Lock icon HOT STOCK
      64 20  -  By Chew Eng Han Comment A RUN-UP to $1.08-$U0 is likely over the next month or so, provided support it 93 cents holds. Bullish convergence signals can be seen in the weekly stochastics, and monthly stochastics are also turning up. After hitting $1.08-$t.l0, a decline to 70-75 cents
      Source: Bridge Info  -  64 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3061 21 DBS Foreign 1290 20 +1 6% Keppel C Wt 456 20 4.6% OCBC Foreign 1130 20 S'S. C NIB Packaging 575 15 *2.7% Roth Inds 50« 625 H5 2 5% Hai Sun Hup 20* 238 12 *5 3% LOB Wt 271 Ml f 4.1% C.E
    3,061 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      133 21 shinel YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press I foldings' inforich database financial statements fc highlights, graphs, latest results team: T. S. Liu on 740J035, Hazel Ong on 740 1771 on Teleview, which incidentally most advanced company news. ony Chia videotcxt jysiejn t he world. *subscription fee of
      133 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3133 22 I eader U 540 »20 f 3 8% M Banking 525 20 4 (>% Oriental lildgs 630 20 3 <% Magnum Corp 50* 3 7 8 ♦-1X 5 CV H I eong Ind 50« 560 t 15 <• 2 8% Si me Darhv 50* 264
    3,133 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      87 22 BRAVE TEOHUAT l' Tf JP 4 ,-*4 i 4 iS -.#|krillß^^^^H^^^H I J. 17*.« j^M Jttf f V VvV* >C iv. She's a nine-year-old girl from Malaysia. Tan Teo Huat was born with a rare spinal disorder. Her body is paralysed from the waist downwards. Her mother has to be
      87 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices close higher in line with Tokyo market
      4945 23 Bernama IMPROVED sentiment in line with the Tokyo market's rise took share prices in Kuala Lumpur to a broadly higher close yesterday. The KLSE Composite Index at the close firmed 8.95 points to 582.90, the Industrial Index 9.61 points higher at 1,061.95
      Bernama  -  4,945 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      INTERIM RESULTS
      325 24 Company Data HaM-yaar Group pra-tax latarim an to profit/loss (L) iMdaad ('000) limes Pub Apr 20 Feb 92 $18,782(525.132) 4(4) New World Apr 1 Dec 91 HK$1.276d($521,808) 21(16) Burw.ll Mar 31 Dec 91 HK$14,779($11.169) 25(25) H Leong Credit Mar 31 Dec 91 M$28,558($19,470) 3(3) Insas Bbd Mar 31
      325 words
    • Article
      AUDITED RESULTS
      172 24 Company Date Year Croup Nat Nat earnings Grass ann to profit/loss (L) par shara dividend (MO) (certs) lempleton Apr 16 Dec 91 US$63.073($58.034) 39 5(36 3) 2100(1500) COl Ape 14 Dec 91 HK$80 737($10.761L) 2 HSBC Apt 14 Dec 91 $5 664 ($3,096 3 5(1 9) 1 9(1
      172 words
    • Article
      DIVIDENDS ANNOUNCED
      1697 24 Current Ex Sorts Date Trial far Total far payment date ctott payable tfae year last year Acma 5% )un 5 Jun 18 Jut 2 12 2% 10%TE Amtek Em 50c 6%TE(I) Apr 15 Apr 21 Apr 30 6%TE 12%TE Avimo 20c 12 5%TE Mar 3 Mar 13 May
      1,697 words
    • Article
      PRELIMINARY RESULTS
      443 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L> per share tfmdead (000) (cents) Oriental Htdgs Apr 20 Dec 91 M$255.349($259.312) 1201(131 7) 275(22) Ounlop Est Apr 16 Dec 91 M$146 821 ($3,803) 15(-) 7 5(5) M Resoufces Apr 15 Dec 91 M$1.800($1.762) 0 7(06)
      443 words
    • Article
      COMPANY MEETINGS
      119 24 Renont Bhd: EGM at the Balroom. Mezzanine Floor, Hotel Equatorial, Jin Sultan Ismal, ***** Kuala Lumpur, on Friday, Apr! 24, at 10am Keppel Finance Ltd: 28th AGM at the Keppel Corporation Ltd's Board Room. 325 Telok Blangah Road. Singapore 0409. on Friday, April 24. at 10.30 am British-American
      119 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      386 24 In local curr In SS In l'S$ S dy S >t dy S yr dy yr Apr 22 Index chge dig? chge chge chge chge World 386 7 0.2 -5.3 0 1 -7.1 0.1 -9.2 iEAFE 4618 0.3 -8.0 03 -12.1 0.4 -14.1 Europe 444.0
      386 words
    • Article
      APPROVED ISSUES
      216 24 Company Rights Issue Bolton Issue of S90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1992/97 with <5 489m detachable TSRs on the oasis of J2 nonwal amount of Bonds for every three existing shares held ti-date Apr 15 Books close Apr 30 Acceptance Payment NYA Company
      216 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    611 24 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  611 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Share prices close moderately higher in light trading
      2206 25 Reuter BUYING in the Bangkok stock market yesterday was focused mainly on shares whose prices had fallen sharply in recent days but brokers said that the low volume proved that political jitters were still prevalent. "Many investors are keen to enter the
      Reuter; Source: Bridge Info  -  2,206 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Turnover leaps, spurred by large foreign purchase
      1167 25 JAKARTA stocks closed higher in active trade yesterday, spurred by a large trade in a pulp and paper company, brokers said. The official index rose 2.57 points to 276.66, while turnover jumped to 28.30 million shares against 3.71 million on Wednesday. A spokesman
      Source: Bridge Info  -  1,167 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      5 25 ONE OF OUR MANY ATTRIBUTES!
      5 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 rises sharply on program buying
      2576 26 Reuter TOKYO stocks ended sharply higher yesterday. The Nikkei average closed up 562.93 points at 17,402.05. Strong small-lot and program buying pushed up prices, led by firm futures, but volume was thin. The broader first section Topix index was up 32.00 points to 1,315.03.
      Reuter  -  2,576 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end at new high, but off day's best
      2650 26 Reuter FOREIGN institutions continued their frenzied buying of Hongkong blue chip stocks yesterday, sending the Hang Seng Index to a record close of 5,287.78, up 98.75 points from the previous finish. The All Ordinaries Index ended at 2,848.51, up 48.45 points.
      Reuter  -  2,650 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Domestic buying pushes index to six-week high
      2076 27 Reuter GOOD domestic buying pushed the Australian share market to its highest close in six weeks yesterday, aided by futures support and a stronger Japanese market. From the opening bell the All Ordinaries index headed upwards, pushing firmly through the 1,600 level, although
      Reuter; Source: Bridge Info  -  2,076 words
  • REGIONAL STOCK MARKETS
    • Taiwan stocks end lower on political worries
      • Article
        TAIPEI
        477 27 TAIWAN share prices finished lower across the board yesterday in sluggish trade with investors still reluctant to enter the market because of political worries, brokers said. The weighted index finished 34.76 points lower at 4,470.31. Turnover was NTS 12.7 billion against NT$l4.3 billion on Wednesday. Brokers said sentiment was
        477 words
      • Article
        SEOUL
        816 27 The Seoul market closed a fraction lower in active trade yesterday as buying centred on low-priced shares and selling focused on big manufacturers and financials, brokers said. The composite stock index lost 1.35 points to 582.87. "The market has moved in the same pattern recently sharp rises in lowpriced
        816 words
      • Article
        NEW ZEALAND
        272 27 THE New Zealand share market yesterday rode the back of renewed business confidence to register its biggest rise since its Jan 15 at close. The 23.09point rise on the NZSE4O capital index to 1,451.40 took the market past the 1450 mark for the first time since March 17.
        272 words
      • Article
        BOMBAY
        99 27 BOMBAY Stock Exchange brokers resumed their trading boycotted in protest against a circular issued by a new watchdog agency. The Securities and Exchange Board of India (Sebi) said in a note to India's 21 exchanges on Wednesday that brokers needed a new clearance from the Sebi before they could
        99 words
      • Article
        MANILA
        531 27 SHARE prices in Manila rose in active trading as investors re-entered the market yesterday, buying heavily on reports of good earnings by blue chip companies, brokers said. The Manila Stock Exchange composite index climbed by 13.91 points to end at 1,178.30. "This is the season of stockholders' meetings so
        531 words
      • Article
        INDICES & TURNOVER
        55 27 INDICES TURNOVER Close Ayr 23 Previews NEW ZEALAND NZSE-40 Capital 1.451 40 1.428 31 +-23 09 MANILA Composite Index Turnover (million pesos) 1.178.30 552.6 1.164.39 2182 13.91 334.4 TAIPEI Weighted Price Index Turnover (NTS billion) 4.470.31 12.7 4.505.07 1430 -34.76 -1.6 SEOUL Composite Stock Index Turnover (billion won) 582.87 381.81
        55 words
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  • WORLD STOCK MARKETS
    • Stocks in NY ease in directionless trade
      • Article, Illustration
        NEW YORK
        1478 28 STOCKS on Wall Street eased in heavy trading on Wednesday as the market searched for direction while sifting through the stream of first-quarter earnings reports. Analysts said bank stocks again provided the bright spot in an otherwise lacklustre session. The Dow Jones Industrial Average slipped 4.48 points to
        1,478 words
      • Article, Illustration
        LONDON
        879 28 LONDON shares went into decline from late morning onwards on Wednesday, after the release of Bank of England figures showing an unexpected fall in bank lending to the private sector last month. M 4 bank lending fell £500 million in March from February, defying analysts' expectations of a rise
        879 words
      • Article
        STOCKHOLM
        151 28 PRICES on the Stockholm bourse fell in thin trade on Wednesday despite stable stock exchanges abroad, with Swedish investors depressed by negative statements in blue-chip annual reports. "Foreign bourses steered us last week but now it seems to be domestic news which is pulling down sentiment," one dealer said.
        151 words
      • Article
        FRANKFURT
        223 28 THE Frankfurt stock market chalked up a moderate advance on Wednesday, as the DAX spot trend index ended at 1,753.30 points and the Commerzbank indicator at 2,013.20. Operators said that after three straight winning sessions last week and the consolidation observed on Tuesday, Wednesday's good performance was due primarily
        223 words
      • Article
        AMSTERDAM
        153 28 DUTCH shares ambled to a higher close in lacklustre business on Wednesday with the market guided more by other bourses than by significant demand. dealers said. The EOE index finished up 1.10 points at 310.40. Transport group Nedlloyd attracted most interest, easing 0.60 guilders to 54.60 after the group
        153 words
      • Article
        PARIS
        245 28 FRENCH share prices ended the April bourse account with a small rise on Wednesday and a stronger increase over the bourse month. Trade was lacklustre in the post-Easter holiday period and becalmed ahead of the Group of Seven meeting this weekend, but the CAC-40 index remained near the year's
        245 words
      • Article
        JOHANNESBURG
        459 28 THE Johannesburg Stock Exchange closed a shade firmer on Wednesday, with major institutional investors waiting on the sidelines. No major movements are expected for the next three to four weeks and dealers said any pick up in JSE acti ity would be slow. The three major indices all rose
        459 words
      • Article
        TORONTO
        356 28 THE Canadian dollar again took centre stage on the Toronto stock market on Wednesday as equities recovered late in the day after the dollar made a strong comeback, dealers said. The currency sold off on Tuesday and early Wednesday due to concerns over Olympia York. But the dollar made
        356 words
      • Article
        INDICES & TURNOVER
        78 28 INDICES TURNOVER NEW YORK Close PrtiioiK Apr 22 Dow Jones S&P 500 Turnover (million) 3.338.77 409 81 218.88 3.343.25 410.26 214.46 -4.48 -045 -♦-4.42 LONDON Financial Times 30 FTSE 100 Turnover (million) 2.034 8 2.607.8 607.3 2.047.6 2.625.8 415.7 -12.8 -180 *191 6 FRANKFURT DAX Index 1.753.30 1.746.50 +6.8 AMSTERDAM
        78 words
      • Article
        Untitled
        354 28 Milan Apr 22 lire Assitalia 7710 10 Bastogi 140 unch Fiat 4800 -16 General! ***** 105 IfiPriv ***** -70 Italgas 3361 -14 Italcementi ***** -190 Montedison 1401 -4 Mediobanca ***** 25 Magneti 672 8 Mag.neti Risp 663 -17 Olivetti 2679 3 Olivetti Priv 2169 +29 Pirelli Spa 1296 21 Pirelli
        354 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends softer against yen in stagnant Tokyo trade
      1191 29 REPORTS ASIA TOKYO: The US dollar yesterday ended softer against the yen on long liquidation but steady against the mark on light mark-selling for the yen after stagnant Tokyo trade. Activity was mostly limited to position adjustments ahead of the
      1,191 words
    • Article
      INTERBANK FOREX RATES
      364 29 Cross rates Apr 23 USS SS MS Dm Yen SFr AS NZS uss 1.6580 2.5440 1.6630 134.10 0.5672 1.5410 1.3141 1.8622 ss 0.6031 1.5344 1.0030 80.8806 0.3421 0.9294 0.7926 1.1232 MS 0.3931 B 0.6537 52.7123 0.2230 0.6057 G 5165 0.7320 Dm 0.6013 0.9970 1.5298 80.64 G 3411
      364 words
    • Article
      MONEY MARKET
      538 29 Interbank rates ss Bid Offer Overnight 3 1/4 3 3/8 1-month 3 1/8 3 1/4 2-month 3 1/8 3 1/4 3-month 3 3/16 3 5/16 Overnight mode: 2-3/4 US$ Bid on er 7 days 4 4 /8 1 month 4 4 /8 2 months 4 4 /8 3
      538 words
    • Article
      FINANCIAL FUTURES
      1369 29 SIMEX EURODOLLAR 9 Open High Low Set t Est Vol Act/Vol Op/lnt 9 Jun 92 95.79 Sep 92 95.40 Dec 92 94.68 Mar 93 94 41 Jun 93 Sep 93 93.43 Dec 93 92.87 Mar 94 92.78 Jun 94 92.55 Sep 94 Dec 94 Mar 95 Jun 95
      1,369 words
    • Article
      Lock icon Russia to print 5,000-rouble note
      353 29 Move takes it a step closer to launching separate currency AP MOSCOW Russia will print a new 5.000-rouble note, the first without Lenin's face, the Russian Central Bank said on Wednesday. The new note could be Russia's first step in introducing its own currency "if
      AP  -  353 words
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  • COMMODITIES
    • Article
      Lock icon Restocking demand keeps platinum supply tight
      391 30 Reuter JOHANNESBURG World platinum supply remains tight, reflecting restocking demand on top of previously announced shortages in South African output and signs of Russian production shortfalls, analysts here said on Wednesday. "Everyone I talk to tells me they can't produce enough." Rene Hochrieter ot
      Reuter  -  391 words
    • Article
      Lock icon Opec ministers play down need to change output ceiling
      296 30 Reuter VIENNA Opec oil ministers are playing down the need to change production strategy as long as prices for their crude remain relatively firm. Ministers arriving for two days of talks yesterday and today said they would probably decide to keep
      Reuter  -  296 words
    • Article
      KL tin price unchanged for second day running
      809 30 REPORTS TUB price of tin on the Kuala Lumpur Tin Market yesterday remained unchanged at M$ 14.54 a kg for the second consecutive day this week on some covering interest. Dealers said the market took its cue from the London Metal Exchange
      809 words
  • Article
    PRICES
    1484 30 Rubber Apr 23 i MS (M hi Mm) S cents/kg Noon Close p Int 1 RSS Prompt Int 1 RSS May 92 Int 1 RSS June Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP 141.25/142.25N 142.25/143 25N v 141.25/141.75 142.25/142.75 142.50/143
    1,484 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1257 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3608 IN THE MATTER OF I »IK COMPANIES ACT (CHAPTER 501 PI RSI ANT TO SKC I lON 290t2Mb) ANI) IN THK MATTFR OF CHAI KOK INVKSTMKNT PTE LTD At an Extraordinary General Meeting ot" the abovenamed Company duly
      1,257 words
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      Page 30 Advertisements Column 2
      7 30 Innovation Technology in BT i every Tuesday
      7 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1300 31 City FN* ETA FNgM ETD Afca MnM GA970 2035 AMaMa Qf81 1955 QF82 SQ227 2205 2230 Amtarta. KL837 SQ323 1255 1815 SQ24 KL838 0115 2240 E3B SQ348 2300 Aacklaad NZ35 SQ288 BA12 1550 2030 2200 SQ285 NZ36 2115 2355 U drain Gf 149 0555 BaHkpepse GA911/524
    1,300 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A window to Mexico's majestic past
      646 31  -  POSTCARD FROM VERACRUZ By David Lida ON THE sun-baked dirt path that is the entrance to El Tajin, an archaeological site in northern Veracruz state, women in red velvet pants, embroidered sashes and helmets decorated with multi-coloured feathers climb to a platform atop a
      646 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.2S4S 1.2645 Canadian dollar 1.3855 1.3955 NZ dollar 0.8800 0.9100 Sterling pound 2.9080 2.9280 US dollar 1.6525 1.6625 Local dollars to 100 units of foreign canrncy Austrian schilling 14.00
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      66 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Apni-May International Fair Buenos Aires. Interexpo 541-*****1 May 21-24 2nd Asia Expo in Germany Headway Trade (852)*****21 on Construction Argentina Sudamencana Hamburg Fair- Fairs Ltd Fax:*****64 Materials SA ground Technology May 20-27 Budapest Buenos Aires. HL'NGEXPO 54-1/*****50
      66 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We knew Europe from (tart to Finniih
      38 words
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      Page 31 Advertisements Column 2
      18 31 Juat« call dam it a/I H thm e«l/'« to The ffnUITS TIMES APPOINTMENTS to advsrtiM for qualified holp.
      18 words
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      Page 31 Advertisements Column 3
      704 31 BUSINESS T_JL_M_E_S_ Toll fro* Tel No 737-0043 Fax No: 734 3698 r In The Matter Of The Compontee Art (Chapter 50) And In The Matter Of MMvumu amp (Incorporated In the Republic of Singapore) (In Liquidation) (Members' Voluntary Winding Up) Notice is hereby given that the creditors of the abovenamed
      704 words
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      Page 31 Advertisements Column 4
      370 31 M THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companlea Winding Up No 39 o( 10K In Mw Matter ot the Compantaa Act (Chapear SO) And In the Matter ot KINQSMAC ENTERPRISES PTE LTD NOTICE OF WKNNG UP OTO6R In tha Mattar ol KINGSMAC ENTERPRISES PTE LTD Winding Up Order
      370 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      340 31 1 The player will find a num- 5 Top men giving direction in j monetary matters (7) I I I 1 I 1 1 J_L—l—L—L— 9 It's quiet, so the French ■M~" H make a feature of the gar--10 Desert people struggle to Lionesses can appear ___BB__^out a sound (9)
      340 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      168 31 Singapore Outlook: Showers over a few areas in the late morning and early afternoon. Report: Maximum temperature 33.6 Assoc humidity 57% Minimum temperature 26.9 .Assoc humidity 93% Hours of sunshine 9.55 Rainfall in mm Nil Rainfall this month 136.3 Rainy days this month 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      168 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      49 31 Pr j\ f E.*coSe: he.. nR BloggS h' STftRIiED SO i'ULADhts I —Tbo GO O*J I cusitSw pkUOUi TO SeRVC ON "WE. I SLPGG>*J OFF N/OUR —I SHORTS RND SQC*P\L CICB GprnrvT-refc... X (jffftyJewT m -rvus uf*y H. R "R<I6F... A SLfOCdTftHD A I ASSOCIATEO WWVAKM LTO IM2-IM2 6663
      49 words
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  • Article, Illustration
    Lock icon US, EC pledge to work towards world trade pact
    537 32 But no breakthrough seen in long-stalled Gatt talks AFP AP Reuter WASHINGTON US President George Bush and the president of the European Community have pledged to continue working towards an agreement on global trade, but cited no breakthroughs in the long-stalled
    AFP; AP; Reuter  -  537 words
  • Article
    Lock icon Two reports point to British recovery
    257 32 Reuter LONDON Two independent reports this week have signalled that Britain's beleaguered economy is bouncing back from the longest business recession since the *****. The influential British Chambers of Commerce yesterday published its most optimistic report for 18 months, predicting that company orders would
    Reuter  -  257 words
  • Article
    Lock icon Myanmar leader Saw Maung resigns, deputy takes over
    353 32 AFP Reuter BANGKOK Myanmar leader Saw Maung resigned yesterday as head of the ruling junta for health reasons and was replaced by his deputy. the official Radio Rangoon reported. He was chairman of the ruling State Law and Order Restoration Council (SLORC),
    AFP; Reuter  -  353 words
  • Article
    Lock icon De Klerk proposes non-racial vote
    182 32 Reuter CAPE TOWN President FW de Klerk yesterday proposed that all adult South Africans, black and white, quickly elect a five-member council to rule the country in the transition to democracy. In an address to parliament, he said the interim executive council, comprisinß one member
    Reuter  -  182 words
  • Article
    Lock icon Afghan rebel leader sets terms for backing interim govt
    360 32 AFP AP Reuter KABUL Afghan rebel leader Gulbuddin Hekmatyar has said he will support the formation of an interim mujahideen government in Kabul. but only if all rebel groups are represented proportionally. He was quoted yesterday by Radio Kabul as telling
    AFP; AP; Reuter  -  360 words
  • Article
    Lock icon Keating's Jakarta visit sign of Aussie priorities
    550 32 Canberra's foreign policy turning towards Asia AFP Reuter JAKARTA Australian Prime Minister Paul Keating's current visit to Indonesia has highlighted Canberra's intention to anchor its foreign policy more in Asia and less exclusively with the West. "For Australia, it is a commitment to
    AFP; Reuter  -  550 words
  • Article
    Lock icon Johor workers in S'pore urged to take up new jobs in state
    264 32 Bernama IPOH The manufacturing sector in Johor is providing some 25.000 new job opportunities annually for locals who should consider working in the state instead of seeking employment in neighbouring Singapore. Johor Science, Technology and Human Resources committee
    Bernama  -  264 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      80 32 Nikon The World's Finest Photographic System i CONVERSATIONS I RAFFLES He moves in and out of ministers' offices like one of them; talks with the authority of a general; holds the position of vice-chairman in a billion-dollar conglomerate. But he is neither cabinet member, soldier nor businessman. He is Jusuf
      80 words
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      Page 32 Advertisements Column 2
      23 32 Gatt talks on services will be tough, says Arthur Andersen CEO, Pg 12 A chance to round up the Uruguay round, Pg 15
      23 words
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      Page 32 Advertisements Column 3
      16 32 Myanmar to post USSIb deficit, Pr 10 Group seeks world action against regime's abuses, Pr 10
      16 words
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      Page 32 Advertisements Column 4
      122 32 Nikon The World's Finest Photographic System hong KOHGr W\ days i ®mi? IN HONG KONG At Clearwater Bay Ciolf and Country Club From as low as 551,288.00 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
      122 words
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  • SHIPPING TIMES
    • Article
      Jurong Shipyard counts on long-term deals
      481 33  -  By Rahita Elias SINGAPORE Listed Jurong Shipyard, which chalked up a sterling set of results last year, expects long-term contracts and block bookings to provide a "steady stream of income for the yard in the coming years", said chairman Lua Cheng Eng. In his
      481 words
    • Article
      UCM strikes Chinese joint venture deal
      294 33  -  By Juliette Walker SINGAPORE International freight forwarder United Cargo Management (UCM) has agreed in principle to form a 33-66 joint venture with Sea Dragon Import Export Service of China. The freight forwarder will put up U*****,000 (*****,450) in cash towards the venture. The state-owned
      294 words
    • Article
      Lock icon Nedlloyd profit fails to enthuse analysts
      338 33 Reuter AMSTERDAM Dutch transport company Nedlloyd failed to enthuse analysts and major shareholder Torstein Hagen with a divestment-led return to profit in 1991. "Nedlloyd's financing costs are still high," said Roel Gooskens, analyst at Van Meer James Capel, voicing fears Nedlloyd may not generate
      Reuter  -  338 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1162 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASXCL Shpg 15 2
      1,162 words
    • Article, Illustration
      Jurong Port expansion taking place quickly
      301 33  -  By Dexter Lee SINGAPORE The expansion of Jurong Port at Pulau Damar Laut is rapidly taking shape after just two years of development work. To-date, reclamation work at Pulau Damar Laut has increased the island's land area to 42.5 hectares, up from its original
      301 words
    • Article
      Lock icon Tanker spills oil onto African beaches
      149 33 AFP JOHANNESBURG A crippled Greek oil tanker, which ran aground on a sandbar north of Maputo, was being towed into deep waters by a South African salvage tug on Wednesday. Fuel oil spilt from the tanker, the Katina P, has already come ashore on
      AFP  -  149 words
    • NEWS SUMMARY
      • Article
        Confusion dogs Subic port plan
        46 33 THERE is no lack of foreign investor interest in Subic Naval Base in the Philippines after the US Navy has withdrawn from the base by the end of the year. But time is running out for a coordinated transition Page 2
        46 words
      • Article
        Japanese carmakers to cut US exports by 5-8pc
        48 33 JAPAN'S top five car makers must slash their exports to the US by 5 to 8 per cent in the current fiscal year to fulfill a government promise to tighten the voluntary limit, industry sources said on Wednesday Back Page
        48 words
      • Article
        Finns protest against govt welfare cuts
        33 33 MORE than 200,000 workers disrupted industry, transportation, and public services on Wednesday in protest strikes against planned cuts in unemployment benefits, state jobs and pensions Back Page
        33 words
      • Article
        Plane with skydivers crashes, killing 16
        35 33 A twin-engine plane loaded with Dutch skydivers crashed during takeoff at a rural airport near Los Angeles on Wednesday, killing 16 people and seriously injuring six others Back Page
        35 words
      • Article
        More treasures from Spanish galleon
        44 33 THE leader of an ArgentineUruguayan salvage team said on Wednesday that the group had so far recovered more than US$2O million in gold and silver from the wreck of a Spanish galleon sunk by pirates in 1792 Back Page
        44 words
    • LOG BOOK
      • Article
        Wedgewood vouchers for CPA first-class fliers
        101 34 SINGAPORE In a new twist in the airlines' fight for passengers, Cathay Pacific has joined with Waterford Wedgwood to promote the re-launch of its "first" class. Passengers buying full-fare first class tickets between April 15 and June 15 are eligible for a $400 gift
        101 words
      • Article
        Fire emergency at HK airport
        125 34 HONGRONG Fire services at Hongkong's international Rai Tak airport stood down from a full emergency yesterday involving a suspected fire aboard a Lufthansa 747 cargo plane, a senior fire officer said. "The fire services were told to stand down after they failed to locate any
        125 words
      • Article
        Shipping shares stay firm in Oslo
        107 34 OSLO Share prices on the Oslo bourse dropped on Wednesday in line with recent declines on foreign exchanges and dealers said some investors had taken short term profits. But shipping shares stayed firm. The all-share index was down 2.49 points, or 0.59 per cent,
        107 words
      • Article
        Seoul tanker charterers active
        53 34 LONDON South Rorean charterers appeared in the VLCC tanker market out of the Mid-east Gulf, securing two large vessels, each fixed at an unchanged worldscale 32, after Japanese charterers paid 32.5/35 on Tuesday. There was talk a ULCC had been fixed from Rharg Island to the
        53 words
      • Article
        Cuban says US embargo a ploy
        113 34 HAVANA New measures announced by US President George Bush to tighten the economic embargo against Cuba are little more than "an election manoeuvre," said union leader Pedro Ross on Wednesday. The new measures, which include barring any ship that makes a port call in
        113 words
    • Article, Illustration
      Lock icon Confusion dogs Subic port plan
      902 34  -  There is no lack of foreign businesses that are interested in investing in Subic Naval Base in the Philippines after the US Navy has withdrawn from the base by the end of the year. But time is running out for a coordinated transition, reports Jeremy
      Reuter  -  902 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      627 34 Carbon Density later ZZ Ash Aluminium Sediment > W*c t** A* S.—I m M/M \W» Exxon' KG/M-3 V/V M/M M/M PPM G^3 V/V t M/M M/M PPM method. ISO/Cimac imits Spec E25 991 1.0 15 0 0 10 30* 0 10* Eastern USA 180 Ave 984
      627 words
    • Article
      THE SHIPPING GUIDE
      11041 42 This is a list of ships loading l at Singapore for ports around the world. It tabulates, by J destination, the name of the t ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      11,041 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        379 49 Vessel Voy No Berth Amval Departure V«» N» Birth km* Pepartura t...,,;,.,. J Oatmatmac OC162 SOI 2404/1000 25 04/1200 Manna Terminal 1 m™,,™ 2 EH5 soi 2304/1200 24 04/0630 Brastagi 1 16/92 M02 alongside 24 04/2300 Btm Bahagia 040/92 M04 alongside 24 04/2300 9»3A w n5S SCHEDULED
        379 words
      • Article
        IN MALAYSIAN PORTS
        267 49 johore Port Berth: 1: Hung Lee IV, Likas Venture; 2; Hamanasu, Johan Pearl; 3: Su Yang; 4: Vigsnes; 5: Kara Sea; 6: nil. Oi jetty: Stolt Eagle. Rosalie. Ararat, Sukun. DCJ: Silver Pride. Due on Apr 23: Pendopo, Young Sportsman, Jaru Bhum. Bunga Mas. Bunga Kemuning, Barge
        267 words
      • Article
        CONTAINER SCHEDULE
        1369 49 DELIVERY OF FCL IMPORT CONTAINERS IN PKUGKt5d 1 Ship Yoy No Contamrs mfaMe Ship Voy No Containers mWi r K„T.rrta. u 77H 22 04 92 0815 Kamakura 22/116 COO(EST) 2104.92 0700 CMTS 26/365 22 0492 0»7 A Abraham 7124E COO(EST) 23.04.92 0700 ISfZL 90 2204 92 1000 B
        1,369 words
    • Article
      TRANSPORT DIARY
      956 50 May 8 (1 day): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tet 273-4172 or fax: 274-1132. Itffty 15-16 (l'/i days): ISO 9QQO for Warehousing and Distribution Centres, organised b£ Singapore Institute of
      956 words
    • Article
      DAILY FREIGHTS
      388 50 FREIGHT market sentiment was boosted by a firmer tone in the Atlantic, where steadier demand met Panamax tightness, dry cargo brokers said on Wednesday. Attention also focused on the Pacific, where a US Gulf/Japan grain load was secured at U5519.75 basis one combination port. The Baltic Freight Index
      388 words
    • Article, Illustration
      Lock icon Japanese carmakers to cut US exports by 5-8pc
      489 52 UPI TOKYO Japan's top five car makers must slash their exports to the US by 5 to 8 per cent in the current fiscal year to fulfill a government promise to tighten the voluntary limit in a bid to ease mounting trade
      UPI  -  489 words
    • Article
      Lock icon More treasures from Spanish galleon
      350 52 UPI MONTEVIDEO, Uruguay The leader of an Argen-tine-Uruguayan salvage team said on Wednesday that the group had so far recovered more than US$2O million (Ss33 million) in gold and silver from the wreck of a Spanish galleon sunk by pirates in 1792. Argentine oceanographer Ruben
      UPI  -  350 words
    • Article
      Lock icon Plane with skydivers crashes near LA, killing 16
      340 52 Reuter PERRIS, California A twin-engine plane loaded with Dutch skydivers crashed during takeoff at a rural airport near Los Angeles on Wednesday, killing 16 people and seriously injuring six others, rescue officials said. The Twin Otter aircraft was carrying a visiting Dutch
      Reuter  -  340 words
    • Article
      Lock icon Finnish workers protest against govt welfare cuts
      305 52 AP HELSINKI, Finland More than 200.000 workers disrupted industry, transportation. and public services on Wednesday in protest strikes against planned cuts in unemployment benefits, state jobs and pensions. All buses, trams and local trains in the capital came to a standstill from noon
      AP  -  305 words
    • Article
      Lock icon Venezuela's new private phone company fights bad reputation
      547 52 Improvements will not be seen till year-end: firm Reuter CARACAS A recent telephone call to Venezuela's Defence Ministry, correctly dialed, was patched into the home of an elderly woman who confessed to having no knowledge about rumblings in the military after a
      Reuter  -  547 words
    • Article
      Braniff capitalises on low fares and the infrequent flier
      761 52 WASHINGTON It has fewer daily departures throughout its entire system than USAir has from Indianapolis alone, and its fleet of 10 planes is hardly a threat to the 485 that fly the friendly skies for United. But Braniff Airlines, bv charging
      761 words
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      Page 33 Advertisements Column 1
      20 33 UM« MMI MCVIcm wyn«Hd M'rtiw «f tin lnhh) «f Atcrwßtti (*m/sX*n »y«£*. »■"<■« For advertising enquiries, contact Shipping Times Tel 740-2089/740.2090
      20 words
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      Page 33 Advertisements Column 2
      151 33 the FAMOUS iwk/pmui EE9M3 224 1833 For more information please refer to Pg. 13 WmM SIP H ■Hf V^ A^-^^* v ,i':f'.' > I^ t M-.- ImraH i*= >W'MitSWi-Wtes*^S3@9Bf -if 5 .v• v v..'•;" 5• < L t- s .'Vlt"" "i'i*,-v WtlH ?*<;.. ±.r h~ < i &2fe££Lp V tot
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      29 33 Container Schedule 17 Daily Freights 18 Index 1 Shpptng Guide 10,11 Ships m Port 17 Singapore Tries 17 Transport Oary 18 Veritas Report 2 Wtotiwr and Sea Conditions 17
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      87 34 FOR SUCCESSFUL MANAGEMENT OF YOUMUgINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
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      Page 35 Advertisements Column 1
      2406 35 mm oocl (S) pte ltd jardine shipping agencies TEL *****11 FAX: *****09 \llfWW BOOKINGS TEL *****34 *****58 Jl? TERMINAL/CFS TEL *****18 220 I Hffvl PESAKA JARDINE SHIPPING AGENCIES SON. BHD. LVflflfJ PORT KELANG TEL: *****18 FAX: *****91 *****88 T T~3~I 0 T~~ PENANG TEL *****4 FAX: *****1 CFS TEL: *****6
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      Page 35 Advertisements Column 2
      1035 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT (SWA^7H UNITED ARAB SHIPPING ISAG)I IM VSI/VOV SIN HYC BAL OWf SAV MM »/4 2/( 1 m t/i 12/1 l«/( IVI K KNMMM JJ'' KWI M IJ/ 2'' H J,I VI m zmdoun
      1,035 words
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      Page 35 Advertisements Column 3
      1551 35 mamsmssm NEXT SAILING TO EUROPE LINDOE MAERSK V 9206 ETA SIN 29/4/92 CARDIGAN BAY V 5361 ETA SIN 2/S/92 Vessel Voy ETA ETO Feeder by DESTINATIONS Cape Bonavtsta Afies This week Louis Maersk 9206 28/4 0800 MRS Port HHPHI HH CFS 27/4 2359 HRS Kelang Penary O AK LGB HOU
      1,551 words
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      Page 36 Advertisements Column 1
      1267 36 f" R'dam/ Ymmrrsm~ VOY NO S PORE JEDDAH S HAMTON H'BURG ANT LE HARVE IBmSAIB KITANO 13/316 26/4 13/5 15/5 18/5 19/5 I. RLL WESTBOUND TOKIO EXPRESS 05/117 30/4 9/5 23/5 19/5 18/5 PORT RELAMB t PENANG LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 CAMO TO UK/COMTECNT KATSURAGI 11/118
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      Page 36 Advertisements Column 2
      549 36 —imi —aeiAaat iißai DKECT SOUTH PACfK SEMICE I V BtN MOO SUV PPT LJ. BONTANG 3507E8 27-29/* 10/5 13/5 17/5 JANIKA II 3801EB 27-30/5 11/6 14/6 20/6 Tranail Tim» »(13) (16) (22) S ALSO ACCEPTING CARGO MA SUM TO: LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P. WLA N FASTEST SERVICE TO
      549 words
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      Page 36 Advertisements Column 3
      1368 36 PalvoaAtiA xxst* REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE Ki/yQY SIN ALG BCL HAM Btt ROT ANT FEL LHA (VIA (VIA <WA ALC) HAM) ROT) c. roccnmi 707N 24/04 13/05 15/05 18/05 19/05 20/05 21/05 22/05 23/05 NORASIA AL MANSOORAH 9208 3 28/04 18/05 22/05 23/05 24/05 25/05 26/05
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      Page 37 Advertisements Column 1
      1538 37 W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 San ford Building Singapore 0208 Tel: *****88 Fac *****17 ACCIPIS DUI SMS CARGO SPOM BKOK SIRMIS VINIURi VIOI Mujii. Ljb. KK In PI 25 Apr ISItBftUGGt V 08N 29 30 APR 03 04 MAT RAIAH BROOKI VlOl Miurj Lib KK
      1,538 words
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      Page 37 Advertisements Column 2
      1800 37 V SINGAPORE AGENT: *i P&O Containers (Singapore Agencies) Pte Ltd 1 W jlVllLcllllvl 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Te| 225 2233 Te)ex RS ***** pnoCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT .'y P R ]_—ilii ssr*»i;rs ss r° ST«E:S Ist s; I
      1,800 words
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      Page 38 Advertisements Column 1
      607 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE '(SI Vo> s POPt ROAM 40AM H BURG BRIMtN ANIVKRP SRIWUAvA 3W.8 2/5 2 6 6 10 6 14 6 HUTU 2VI»B 18 b 8 13 1/ 20 1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subiect to Inducement. Also accepting cargo
      607 words
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      Page 38 Advertisements Column 2
      1472 38 (g) HANJIN SHIPHNgI rns uci l iff mu LGB OAK FDR VSI SM Lit MAUI SAV in NYC I L«il inNGfIfACH 03/F 26 4 WW CI ?0 HANJM CtCJII MIE 21* M PMMCNCE 022E 4/« 5/6 7/6 I SRSWOIK 3 5 DMECT 24 5 2/5 HAMIN KHANGTANG OME 45HJ NT
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      Page 38 Advertisements Column 3
      1357 38 d -Trl -1 d I mi w use wc uc mmoa Kr w iyo ia» chs bai nyc ihv »wr mm t» mbg rso cw m sgp I i tic*' m osi n* n* n/s us wsusi« b i« as 10« 124 134 734 244 254 244 27/4 1/1 u/i
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      Page 39 Advertisements Column 1
      1728 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK SERVICE *****00 SSSS NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03) *****87,
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      Page 39 Advertisements Column 2
      1075 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNP—PtSCHMtaNG WESTBOUND-LOAMNC TRAWSWfED VIA ROTTERDAM HSXIS WY |sm
      1,075 words
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      Page 40 Advertisements Column 1
      1312 40 I "WT AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR j^* 2 3oooo^ I I BH MM ap TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 I IVI 14 MALAYSIA: 'K* LINE MARITIME (MALAYSIA) SDN BHD M.V C/ TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      1,312 words
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      Page 40 Advertisements Column 2
      1140 40 PHILI-ORICNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69 *****00 Telex: R*****0FAX:*****76 *****38 <Vj® BY AIR, LAND OR SEA.... Sjffb WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 30 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE
      1,140 words
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      Page 41 Advertisements Column 1
      2579 41 PACIFIC INTERNATIONAL LINES (PTE) LTD J MflV 140 Cecil street #03 ?IL Building. Singapore 0106. Tel: *****33 CRNQMOOBO67OOOQE [JAKARTA I (BANGKOK ■'l VESSEL VOY SIN JKT SIN VESSEL* VOY SIN BKK SIN VESSEL VOY SIN JKT SIN ESTEBRUGGE 07N 27/4 30/4 4/3 KOTA RAKYAT 171 26/4 28/4 3/5 kotVWNTANQ K8T216
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      Page 41 Advertisements Column 2
      736 41 EacßenV F CLASS CONTAINER TRANSPORT FEEDER VESSEL PENANG PKELANG OCEAN VSI VOY SIN SOU ■iI "TU <2) HAM (3) "0 T l 4) ANSON T&N 24/4 25'4 SELANDIA 2162 26 4 *5 5 17'5 '8- 5 -o's ANSON TBN 15 2 5 BENALDEP 2172 5<5 22/5 24J> 25 5 27/5
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      Page 41 Advertisements Column 3
      267 41 M MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loadini for Yanjon (Rangoon) Spore P.KIf Pen P.Gdf MA Wl AMY WE VS6E In ft MERGU *113 25/27 Apr PAGAN VII2W 4/7 I MPA-AN *177* 11/14 May THE BANK LIME (A service of Andrew Wev St*pp*if' SEMI-CONTAINER SERVICE W HEAVY UFT
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      Page 44 Advertisements Column 1
      2620 44 Conventional Semi-Container Full Container Liner Services Liner Services ****'> Euan Cm* Shipping Sdn BhO Chnng Chino Skipping Sin Bhd P 7 Gtckat Mri Indonesia Merltßne General Agents: Booking Agents: General Agents: Booking Agents: 2*A labn no* h* ji*h jum+wh Yick Fung Shipping Shipping Freight Booking Gnatship Agencies COStar Shipping Pie
      2,620 words
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      Page 44 Advertisements Column 2
      312 44 SAMUDERA INOONESM (S) FTf LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 T«toi: R*****0 Tat: *****11-3 Fax: 225 4039, *****30 FOR BOOKINGS CALL MRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWAOKA 921 25/04 (SAT) 28/04 (TUE) LAWANTI 958 27/04 (MON) 29/04 (WED) DERAJAT 979 26/04 (SUN)
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      Page 45 Advertisements Column 1
      618 45 rig FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 26/4 ROTTERDAM 26/4 HAIF A/ASHOOO/ALEXANDRIA 26/4 HAMBURG/BREMEN 26/4 MARSEILLE/FRANCE 26/4 FELIXSTOWE/UK 26/4 BARCELONA/SPAIN 26/4 LEHAVRE/ANTWERP 26/4 GENOA/ITALY 26/4 GOTHENBURG/SCANDINAVIA 26/4 10$ ANGELES/WC/IPI 26/4 SYDNEY/MELBOURNE 25/4 NEW YORK/EC 26/4 FREMANTLE 30/4 VANCOUVER 26/4
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      Page 45 Advertisements Column 2
      850 45 ff&il hichfieImKHIHM!GENCIE?TS7PT^UOI Sk TEL: *****33 (12 UnM) m FAX: *****15/*****03 CZj TELEX: RS ***** RISHIP (3 Linos) ETHIOPIAN SWPHW6 UNB r 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ABYOT ?BWB in Pt OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 2MB 29/05 OARESSALAAM MOMBASA
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      Page 45 Advertisements Column 3
      920 45 I JAKARTA BANGKOK —J I vessel [voy m Ml I ««q VOT IWMWK NANA BHUM 138S 25/04 26/04 MAMA BHUM# 105N Sun 26/04 Wed 29/9* BE HI A BHUM 31S 29/04 02/05 VMA BHUM* 02N Mon 27/04 Thur 30/Q4_ WAHARHUM 139S 02/05 05/05 NAHTA BHUM »7W Wed 29/04 W 02/Os_
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      Page 46 Advertisements Column 1
      1436 46 S'PORE IMPORT: *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 f||K®CAN/MED PORTS I X mm pK PIN PK SIN Colombo 25/4 26/4 27/4 30/4 1/5 2/5 Ldn/Fli/Rdm/Ant Durban/Pt Louis 25/4 26/4 27/4
      1,436 words
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      Page 46 Advertisements Column 2
      270 46 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND >ORTS SM NPI AKI ITI SIN PKOSPfCI 18S 4/5 16/5 Vl* NPI l«/ 5 4/6 N/ Sl/W 1519 13/5 Z5/5 Vl* NPI ?7/5 13/6 PftIMKR US 27/5 «/6 Vl* NPt 10/6 27/6 FULLY CONTAINERISED
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      Page 46 Advertisements Column 3
      1118 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 CONVENTIONAL/CONTAINER I CONTAMgB MMWCM SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IvOT |£T» [PEST VESSEL VOY SPORE P.
      1,118 words
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      Page 47 Advertisements Column 1
      830 47 «mpg| r rmqy ftyni iw COMPANIA PERUANA TCKI DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, 110* I OTHER PERUVIAN PORTS* JMTHT/S AT KOBE ON CPV THROUGH BILL OF LAOING. WcV''EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL /JAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOJI. TOKYO*.
      830 words
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      Page 47 Advertisements Column 2
      569 47 czaZ I MEs£il N.AMERICA/CARRIBEAN SERVICES vessel Ivor Isjn Imaheihea Ivoy Em Iwst Isav |wyc [w» IM OSAKA 221 21,4 fIW KtttUHQ ig- LLA. iLi. ILI 21 i AM TOKYO m 15t_ 2L5_ 2L_i_ _Li_ _L4_ fIMHHM 121 LS.W man mSSTON y 112/E i i AMERICA |47E 4 i |l 3
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      Page 47 Advertisements Column 3
      561 47 MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAH DOHA MUSI AT BAHRAIN ABU OMAN BANDAR ABBAS HDD AH Q FAR EAST ACCEPTING FCL/LCL PfNANI. P HUANG lAKARIA BANGKOK HONG MING TAIWAN lAPAN MANII A ROW A UK/EUROPE 1 ACCEPTING FCL/LCL LONDON IIIIXSIOWt If IDS Til Bllßl ABfRWTN II MARVt HAMBURG ROITIRDAM
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      Page 47 Advertisements Column 4
      596 47 SAHIIBE ASEAN/CHINA SERVICES tSSEL SI7 N CNC P GUDANG KIN IOR VANG 05/05 DAL lAN QMGOAO SHAN 12 05 HUANGW) SHANGHAI j MAORASA»LOMSO/BOMBAY/KARACHI SERVICES SGF FK FNG YANGOON KTN FOR HANG 02, 05 MADRAS COIOMBO j rUN 14/05 MADRAS COLOMBO SINGAPORE/MADRAS/SINGAPORE FCL/LCL SERVICES SGF MOS IBN 1119/04 24 26/04 IBN
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      Page 47 Advertisements Column 5
      480 47 SW FM EAST 03/5 KEELUNG KAOHSIUNG 29/4 BANGKOK 30/4 MANILA/CEBU 28/4 JAKARTA/BELAWAN/SURABAYA 27/4 PORT KELANG/PENANG/E Malaysia 27/4 BUSAN 03/5 TOKYO/YOKO/KOBE/NGO/OSA 03/5 HONG KONG SHI CHINA 03/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 02/5 LDN/FLX/LVP/SOU 02/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland' Bulgaria/Czech. SIN USA/CANADA
      480 words
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      Page 48 Advertisements Column 1
      939 48 CiT FIL CONTAINER SERVICES PTE LTD G§- MADRAS CALCUTTA fySL SIN/MADRAS VSL SIN/CALCUTTA SIN M»A SIN SW CAI SIN NiXI KVAIIABIt 21 It 04 03 05 05 11-12 05 NIKI All ABU 2171 04 27 01 05 07 0» 05 29 30 04 06 0* 05 14 15 05 24
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      Page 48 Advertisements Column 2
      504 48 BontermJ f I CONTERM FREIGHT (F.E.) PTE LTD. i I GUARANTEED WEEKLY CONSOLIDATION g YOUR FIRST CHOICE TO:— 5 LAUTOKA 27 APRIL I I AUCKLAND 30 April I BANGKOK 27 April I FREMANTLE 30 April I EUROPE 25 April GOTHENBURG 26 April I" PENANG 26 April PORT KELANG 27 April
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      Page 48 Advertisements Column 3
      475 48 K9 Next Week's Sailings i jft Singapore Singapore 1* B- »k k o*os 9* Rotterdam 02.05.92 Manila 01.05.92 Los Angeles 02.05.92 Colombo 29.04.92 East Coast of USA) ft Singapore Tel: 778 6522 flfli Fax: 779 2738 vw Johore Tel: 07-*****8 SljsJ Fax: 07-*****3 Alfred Ng IHBHL— 77Z4ASS-Z./A//C. I INCHCAPE SHIPPING
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      Page 48 Advertisements Column 4
      435 48 MANILA ETA I VIGOUR PACIFIC 61NB 25_4 I VIGOUR SINGAPORt 25N8 2_5 I BANGKOK 26 4 3.5 BO SAN 2/4 4 b I HONGKONG 25 429 5 DURBAN PT LOUIS 2M 6 5 IKb HUNG 27,4 4 5 USA 27 4 4 5 IPI KLLANG 28 4 2/5 KOBE 26
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      Page 49 Advertisements Column 1
      9 49 Managers must manage. BT shows you how every Monday.
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      Page 49 Advertisements Column 2
      306 49 vCZ>c vQc vQc vQc Oc OcOc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION U VOTAINER CONSOLIDATION SERVICES: A THE ONLY CONSOUQWORWHH WORLDWIDE NETWORK J WeeklyFClACLServicesTo/From W V USA EUROPE FAR EAST > Mimon: Votatner ConsolldaKon Services Hanfcurg: Van Ommeren Hamburg GmOR $?pore: Van Ommeren SMpplng (S)P*Ud. U Boston
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      448 49 TIDES AND WEATHER TODAY'S WjjS (Iwidit in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 OMO ******************************00 **********M*****W 22* 2300 }R 20 24 27 28 27 23 19 15 1.1 09 08 08 10 1.2 15 17 18 18 17 I.S 1.4 1.3 li 15 PP 19 2
      448 words
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      Page 50 Advertisements Column 1
      244 50 ULTIMAIi FRiIiMT SERVICES gMiMMaMaHaMMaMnaHgßaaaMMaapaHapHHM v™ jHfiTMitt il port} USA —StaUte, Portind, SFO, LA, Nw Twk in aflrtt Mrts W -iKMKCNH GMMM fPI ■"■■"'l Aj| iM latkliM Vaafftißi WaitAUHl# vlUVii MlilWWi IPWW» ViMIIP) BANGKOK W*l LMS Mm Sctfia. Qmtoc City. lESFSistiw OK*! PACIFIC t&ANDS $**> UMi, Ffhateio, UMW, U Hwrt, MuMii,
      244 words
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      Page 50 Advertisements Column 2
      518 50 UPLIVING IT v 3 em BACH WEEKEND, put up your executive feet, and let us shuttle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
      518 words
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      Page 50 Advertisements Column 3
      356 50 d 'A 11 BEUING CHANGCHUN CHONGQING FUZhOU GUILIN HARBIN KUMMING NANNING QOANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 WORLDGATE EXPRESS LINES PTE LTD Tab *****11 Foxt *****73 Telax: ***** WGATE Calcutta/chlttagong PORT LOUIS 127/4 I Colombo 27/4 Bombay\ .TMadras KARACHI 29/4 »wiiiuof
      356 words
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      Page 50 Advertisements Column 4
      10 50 Managers must manage. Business Times shows you how every Monday.
      10 words
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      Page 51 Advertisements Column 1
      1175 51 Zl HYUNDAI MERCHANT MABIHE CO. LTII. [via feeder pacific south-west service PNA* PKE* PGO* T sm* TO US* VOY KM LBH OAK OAL/HOU CHI SLU WYC 28/04 I 22/04 24/04 01/05 H INNOVATOR 49€ 08/05 25/05 28/05 21/05 23/05 25/05 31/05 05/05 29/04 01/05 08/05 H. EXPIOHER 4ft 15/05 01/06
      1,175 words
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      Page 51 Advertisements Column 2
      509 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS VISSU 191 n MC w I MUM MOOD 21 MMM SIB NMtOSMMI MRU I SID 15 KM CUM MM/4 COSSC MISTER I »/4 MUCH 14 26/4 28/4 CKM KIM 7 11/4 Mill ROI4 1 4/S II 5 COSNC
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      Page 51 Advertisements Column 3
      908 51 I EXPORT TO: JEDDAH/UK/CONTNENT I ISTOK ICD S'TON HDft RDAM UH *Mm MmH CMf Nr I KITINO *11/111 2«/4 11/5 15/5 11/5 19/5 SMMfta hiIMMMMM^Mh I I0KK) llfttSS VO5 117 M/ 4 9/5 21/5 19/5 18/5 BMMMi M MMt f. Iwl«lw, OM. IMjMK I UttMUSIN [XMISS KM/317 4/5 21/5 21/5
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      Page 52 Advertisements Column 1
      66 52 Every Saturday in Business Times 1 j The Executive Housekeeper -this hotel 1 o ,u \y I I wants is me. Bob I'll never nglec-fe I I 4te f r Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New
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      Page 52 Advertisements Column 2
      28 52 Every Saturday in Business Times 2 DEEP SEA PASSENGER FERRY VESSEL FOR SALE G.R.T.: 3821.54/3968.46 Fax: Capacity 850 Available for viewing in Singapore. Interested please call Tel: *****47
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