The Business Times, 27 April 1992

Microfilm: NL18194
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    17 1 BUSINESS TIMES If ft: BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, April 27, 1992 75*
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  • NEWS SUMMARY
    • Article
      China's trade surplus down in first quarter
      53 1 BEIJING China's trade surplus fell nearly US$l billion (Ssl.6 billion) in the first quarter due to sluggish export growth blamed on the recession in Western markets, an official news report said yesterday. The surplus fell to US$l.2l billion in the first three months
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    • Article
      Bundesbank to weigh stand on rouble fund
      50 1 WASHINGTON The Bundesbank will carefully consider its position on a special fund to stabilise the rouble. "We shall have to discuss this matter with our partners," Bundesbank president Helmut Schlcsinger said yesterday ahead of the meeting of G-7 finance ministers and central bankers.
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    • Article
      Exports to decline
      37 1 FOR MOST of this year, the value of Singapore's non-oil domestic exports to Malaysia on a monthly basis will be lower than in the same months last year, Malaysianbased economists have predicted Page 2
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    • Article
      Low Aussie inflation
      28 1 AUSTRALIA'S consumer price index for the March quarter, due out on Wednesday, is likely to show low inflation, Treasurer John Dawkins has said Page 7
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    • Article
      Perak eyes Viet sectors
      28 1 PERAK is keen to exploit the vast potential in Vietnam's mining and cement manufacturing sectors, says Mentri Besar Tan Sri Ramli Ngah Talib Pa«eB
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    • Article
      US economic forecast
      36 1 AMERICA'S economy is expanding at a faster pace than was forecast at the beginning of the year, but growth is still thought to be below historical standards of recovery, economists say Page 9
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    • Article
      Reel talk
      31 1 CRITIC-turned-director Evans Yiu Shing Chan talks about his film To Liv(e), which premiered in Hongkong recently and is in the competitive section of the Singapore Film Festival Page 13
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    • Article
      Man off ideas
      24 1 TANG Wee Sung, managing director of C K Tang Ltd, shares about his business philosophy as well as strategies Page 14
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    • Article
      Porsche eyes Asia
      30 1 GERMANY'S Porsche AG has reduced its dependence on domestic and US sales and is now seeing Asia emerge as an increasingly important market Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Prima results
      36 1 PRIMA LTD's restaurant operations dipped into the red in the finaneial year ended Dec 31, 1991, with a loss of over $295,000. compared with net earnings of $263,000 in the previous year Page 3
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    • Article
      Conditional approval
      28 1 GENTING Australia Investment Holding Ply Ltd, a subsidiary of Genting Bhd, has received conditional approval to develop a 40-storey residential tower in the heart of Sydney
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    • Article
      China Light's profit up
      41 1 CHINA Light and Power enjoyed a 37.8 per cent surge in profit in the six months to March, but has warned that the second half of the year is unlikely to yield similarly healthy results Page 4
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    • Article
      GM plans global offer
      32 1 GENERAL MOTORS is to strengthen its balance sheet and bolster liquidity through a worldwide offering of common stock that could raise up to US$2.3 billion (553.7 billion) PageS
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    • Article
      Lloyds board okays bid
      39 1 LLOYDS directors have approved a bid for rival Midland Bank. However, bankers said that a bid was not inevitable, and a great deal of work would be needed before one could be launched Page 6
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    • Article
      MBf sets up HK unit
      33 1 MBf HOLDINGS, owner of the largest finance company in Malaysia, is establishing a financial organisation in Hongkong which is already negotiating to acquire an American bank Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 689.09 +3.79 Kuala Lumpur ...583.71 f0.81 Tokyo 17.542.45 +140.40 Hongkong 5,330.17 +42.39 Sydney 1,609.60 +1.8 New York 3.324.46 -24.15 London 2.643.0 +33.2
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6585 100 Yen SS 1.2322 MS SS 0.6539 Money market rates Overnight 3 1/2 +1/4 3-month 3 1/4% +1/16
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    • Article
      COMMODITIES
      30 1 Rubber Spore May.. 141.75«/kg -050 M'sia May 218.00«/kg fO.Ol KL Tin Turnover 52 tonnes -7 Spot MSl4.54/kg unch Crude palm oil Turnover 447 lots -478 July MS880 /tonne -4
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  • Article, Illustration
    Batam airport set to go international from end-'93
    544 1  -  Hang Nadim aiming to be alternative stop-over to Changi By Sangeeta Mulchand SINGAPORE Batam's Hang Nadim Airport is following in the footsteps of Johor's airport in Senai, and will go international from the end of next year. The chairman of the Batam
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  • Article, Illustration
    Karimun to be major granite supplier to Growth Triangle
    311 1  -  From Magdalene Ng in KARIMUN ISLAND KARIMUN Island, part of the Riau Islands of Indonesia, would soon be a major supplier of granite to the Growth Triangle. At an opening ceremony to celebrate the Karimun granite export scheme yesterday, Ibrahim Risjad,
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  • Article
    Tokyo firm plans to set up children's theme park
    248 1  -  By Nirmal Ghosh SINGAPORE A Japanese company, International Development Projeet (IDP), plans to set up a $40 million theme park for children in Singapore. Called Sesame Place (or Singapore Sesame Place), it will be the fourth in the world and second
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  • Article
    TRENDS in BT
    77 1 TRENDS, a four-page supplement published by the Institute of Southeast Asian Studies, appears once a month with Business l imes. Issue No 20, to be published on April 30, 1992, will focus on seven topics: Singapore: An Eastern fashion-driven society An emerging tripolar world? Indonesia's June election
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  • Article
    Vietnam proposes umbrella pact with S'pore to foster economic ties
    351 1  -  From Yang Razali Kassim in Ho Chi Minh City VIETNAM has proposed a basic umbrella agreement on economic co-operation with Singapore, as part of a twostep approach to bilateral economic co-operation. Hanoi, keen to develop economic ties with the Republic,
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  • Article, Illustration
    Managing the tiger
    114 1 THE TIGER is perhaps an apt metaphor to describe Asia's high-flying banking and financial services sector. All over the region, regulatory barriers have fallen and the sector has chalked up impressive growth rates. But these developments have created new pressures on the region's regulators as they are
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      135 1 PUCCINI Soie Agen- WONG BROTHERS SHOE TEL: 2833 ®43 Aircraft Schedule 27 Market Reviews -23 Weather The Arts 13 Money Changer Rates 27 World News 9.10 Commodities 26 Money Market 25 World Stock Markets 24 Company News 3-5 Regional News 7 8 Cryptic Crosswoi* 27 SES 18-20 Enter or ise
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      Page 1 Advertisements Column 2
      60 1 C. T. HOO Singapore #01-22 Tangiin Shopping Centre. Singapore 1024. Tofc *****47, *****43. Lee spells out possible economic model for Viets, Back Pg An ever-increasing S'pore presence, Pg 11 Naturally enthusiastic. they enjoy what they're doing. No wonder so many people world of comfort sets us a apa Mm »1
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Lim Hock San to head institute of accountants
        61 2 UNITED Industrial Corporation president and chief executive officer, Mr Lim Hock San, has been elected to head the Institute of Certified Public Accountants. The announcement was made at the institute's 28th annual general meeting held on Saturday. Mr Lim replaces Mr Keith
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      • Article
        Mendaki family service centres
        79 2 MENDAKI will be setting up four family service centres over the next five years to provide counselling and other social service programmes. Costing $3 million, the centres will be run jointly with the council for the development of the Muslim community and other Muslim organisations. Director
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      • Article
        Poor infrastructure in Batam
        82 2 POOR telecommunication and port facilities are among the biggest problems facing Singaporean investors in Batam. This was one of the findings in a survey conducted by the Singapore Manufacturers Association. The highlights were disclosed at a business forum here on Regional Cooperation and Growth Triangles in
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      • Article
        Community Chest awards
        54 2 PRESIDENT Wee Kim Wee presented awards to seven volunteers and 156 organisations for their contributions to the Community Chest of Singapore. About $10 million in employee contributions was received under the Community Chest's Share programme last year, accounting for more than 40 per cent of the money
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    • Article
      Non-oil exports to M'sia expected to decline
      791 2  -  By Schutz Lee FOR most of this year, the value of Singapore's non-oil domestic exports to Malaysia on a monthly basis will be lower than in the same months last year, Malaysianbased economists have predicted. While the 8.5 per cent expansion of such
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    • Article, Illustration
      EXECUTIVE MOVES
      396 2 Mr Simon Koo has been appointed General Manager (Operations and Finance Division) at Noel Hampers Gifts Pte Ltd. Mr Koo has over 10 years of experience in management, finance and operations, and will be responsible for overseeing the development and management of Noel's operations and finance. He was
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      1309 2 f > GENERAL SECURITIES INVESTMENTS LIMITED I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held in the Function Room, #45-01 45th Storey, I DBS Building, 6 Shenton Way, Singapore 0106
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      Page 2 Advertisements Column 2
      219 2 Moments of magic... utork in it. Convention at LanqkaWi Holiday Villa! A day of serious business drifts by in o relaxing atmosphere First class hotel service smooths away the tension in the hall. It's a meeting well met. Then adjourn to our stretch of beautiful ivory beoches, one of the
      219 words
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      Page 2 Advertisements Column 3
      36 2 BT welcomes announcements of senior personnel changes in your organisation. Please send details to The Editor, Business Times, 390 Kim Seng Road, Singapore 0923. Photographs should be in black and white. This is a free service.
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  • COMPANY NEWS 1
    • Article, Illustration
      Prima's restaurant operations in the red
      435 3  -  By Genevieve Cua SINGAPORE Prima Ltd's restaurant operations dipped into the red in the financial year ended Dee 31, 1991, with a loss of over $295,000, compared to net earnings of $263,000 in the previous year. Turnover, however, was up four times from $5.9
      435 words
    • Article
      Genting arm gets conditional approval for Sydney tower
      346 3  -  From Florence Chong in SYDNEY GENTING Australia Investment Holding Pty Ltd, a subsidiary of Genting Bhd. has received conditional approval to develop a 40-storey residential tower in the heart of Sydney. The project is estimated to cost AS 150 million (S$ 187.5
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    • COMPANY BRIEFS
      • Article
        Poly Glass proposes bonus and rights issues
        97 3 KUALA LUMPUR Poly Glass Fibre (M) Bhd announced on Friday a proposed bonus issue, rights issue and a five-fold increase of its authorised share capital to Msloo million (5565.3 million). The proposals will not have any material efTect on the company's earnings for
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      • Article
        General Securities' NTA
        24 3 SINGAPORE General Securities Investments has announced that its unaudited consolidated net tangible asset backing per share was $2.17 on March 31.
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      • Article
        Trading in Venture begins
        15 3 SINGAPORE Trading in Sesdaq counter Venture Manufacturing (Singapore) Ltd begins today.
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      • Article
        UB turnover expected to treble
        61 3 KUALA LUMPUR UB Co-Management Sdn Bhd, a trading firm in which Renong Bhd plans to acquire an 80 per cent stake, is expected to treble its turnover in the next two years. For the year ended Aug 31, 1991, its turnover amounted to M 530.09
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      • Article
        Pelangi plans to expand services
        106 3 O A. m PFNANG Pelangi Air is making plans to expand its services to Thailand, Vietnam and Cambodia. Its general manager. Captain Ismail Abu Bakar, said the airline was negotiating with authorities in the three countries for landing rights. Speaking to reporters after the launching
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    • Article
      Lock icon Temerloh Rubber's proposals get nod but on revised terms
      332 3 Bernama KUALA LUMPUR Temerloh Rubber Estates Berhad has obtained the green light for its proposed acquisitions from the Capital Issues committee on revised terms. In a statement here last Friday, TRE said the proposed acquisitions include a 40.1 per cent equity
      Bernama  -  332 words
    • Article
      Lock icon Granite Industries invests M$60m to build two KL hotels
      387 3 Bernama KUALA LUMPUR Granite Industries Bhd is investing an estimated Ms6o million (Ss39 million) to develop two three-star hotels here over the next two years. Chairman Tunku Abdullah Tuanku Abdul Rahman said the two hotels would be located at Lorong Ceylon,
      Bernama  -  387 words
    • COMPANY BRIEFS
      • Article
        Philips in HDTV tie-up in China
        80 4 BEIJING The Dutch conglomerate Philips is taking a majority share in a joint venture to make high-definition television sets in China. The Xinhua news agency said on Saturday that Philips would provide 51 per cent of the US$BO million (Ssl 32 million) capitalisation for
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      • Article
        Outsiders tighten grip on Macy
        88 4 NEW YORK Outside investors will increase their control of R H Macy Co, as stipulated by the terms of the leveraged buyout that took the company private in 1986. The board of Macy, which is operating with bankruptcy court protection, was once dominated by the
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      • Article
        Goodyear back in the black
        92 4 NEW YORK Goodyear Tyre and Rubber Co, aided by the sale of some of its businesses and increases in production and efficiency, reported a net income of U5566.3 million (S$ i 10 million) for the first quarter on Friday, in contrast to a loss of
        92 words
      • Article
        Indon Aids detector exported
        59 4 MATARAM A medical company here has exported HIV-detecting equipment called "Dipstick-HIV" to the Philippines and Papua New Guinea, a company spokesman said. Dr Mulyanto said his company, Bumi Gora Laboratories, produced about 50,000 units of Dipstick-HIV monthly. He said that the Dipstick-HIV had passed an examination
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      • Article
        MCI buy rating repeated
        56 4 NEW YORK Morgan Stanley analyst Daniel Reingold has repeated a buy rating on MCI Communications Corp, noting that the company's first-quarter earnings, revenues and marketing expenses matched his targets. MCI reported on Thursday that it earned 51 US cents a share versus 48 US cents last
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      • Article
        Union upset over AT&T's plans
        84 4 NEW YORK What American Telephone Telegraph Co said was meant to be a routine announcement about plans to manufacture telecommunications equipment in Canada has been denounced by the company's main union as a move that will steal jobs from Americans and hamper current contract talks.
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    • Article
      Lock icon China Light profit up 38pc but dimmer outlook seen
      361 4 South China Morning Post HONGKONG China Light and Power enjoyed a 37.8 per cent surge in profit in the six months to March, but has warned that the second half is unlikely to yield similar healthy results. Profits after tax but
      South China Morning Post  -  361 words
    • Article
      Lock icon Power plant will require loans up to HK$8b
      283 4 South China Morning Post HONGKONG Bankers in the British colony expect China Light and Power and Exxon Energy to borrow between HK$4 billion (*****.2 million) and HK$B billion from commercial lenders later this year to help finance their huge Black Point power
      South China Morning Post  -  283 words
    • Article
      Lock icon Derivatives not responsible for Nikkei's fall: panel
      364 4 Reuter CHICAGO Stock index futures and index arbitrage are not responsible for the tumble in the Japanese stock market and may have helped smooth the decline, according to a University of Chicago panel of businessmen and academics. "The overwhelming weight of academic evidence
      Reuter  -  364 words
    • Article
      Lock icon Five Beijing companies plan to issue shares this year
      319 4 Reuter BEIJING Five Beijing companies plan to start issuing stock to the public during the first half of this year, the first time companies in China's capital have been allowed to cash in on the "stock fever" sweeping the south of
      Reuter  -  319 words
    • Article
      Lock icon GM planning US$2b worldwide equity offering
      513 5 FT Reuter NEW YORK General Motors, the American vehicle manufacturer which has been suffering heavy losses, is to strengthen its balance sheet and bolster liquidity through a worldwide offering of common stock that could raise up to US$2.3 billion (553.7 billion). The offering was
      FT; Reuter  -  513 words
    • Article
      Lock icon Digital to take up to US$1b charge to cover 4,000 layoffs
      361 5 NYT MAYNARD, Massachusetts The Digital Equipment Corp, the financially troubled US$l4 billion (5523.1 billion) computer company, said it would be taking a restructuring charge of US$5OO million to US$l billion this quarter to cover layoffs of 4,000 more employees.
      NYT  -  361 words
    • Article, Illustration
      Lock icon Olympia & York to get more cash from banks
      459 5 Olympia York to get more cash from banks But creditors still worried about property group's long-term prospects Reuter LONDON Bankers to heavily indebted Canadian property group Olympia and York Developments Ltd expect to lend it some badly needed fresh cash, but are still deeply worried about its long-term prospects. Toronto-based
      Reuter  -  459 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      101 3 ||P THE PHANTOM OF THE OPERA', H I distinguishes itself trom the .Andrew *5(1 Llovd Webber version bv-skilfully Ito f blending comedv, drama, mvsterY and j romance with the itiumc ot the great I Weber and Offenbach.The result is an unforgettable theatrical experience the whole tamilv can enjov. "JP Tickets
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      129 4 The Unique "Philips Advantage Buy A Philips Personal Phone And Get A $100 Redemption Voucher fjjmjflflM r***fr//rf********************************** User-friendly facilities include: 10-Calling Identification (CLI) Memory apppp^^v^ I /or more information. Or Enjoy Big Savings On All Of These More Nicarn Stereo TV' P/7v7r Camcorder Facial Sauna MiniCompo U ei Ot ©s.h
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      Page 4 Advertisements Column 2
      9 4 Foreign brokers under fire for nuking profits, Pg 6
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      75 5 LONG (y/yfS/cO short XaM/ f E& /y iff APARTMENTS Enjoy the comforts y /J/ security of home ill along Beach Road fully furnished one and two bedroom recreational 1* convenient eh if jji shopping/banking I j, s amenities fj j j panoramic views if j 1 10% discount at f|
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      Page 5 Advertisements Column 2
      170 5 Why wait months for your arm to be replaced? Ml business transaction, w^lir more efficient. ergonthe arm of your f m you see it again. Unless it Diethelm chair), drop in to posture, we wouldn't be happens to be a Diethelm our showroom. Because at responsible for it. So chair.
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  • FINANCIAL NEWS
    • Article
      Lock icon Lloyds board approves bid for Midland Bank
      364 6 FT LONDON Lloyds directors have approved a bid for rival Midland Bank. However, bankers said last Friday that a bid was not inevitable, and a great deal of work would be needed before one could be launched. Nonetheless, it is probable that there
      FT  -  364 words
    • Article, Illustration
      Lock icon Non-executive directors force Barclays chairman to step down
      564 6 FT LONDON Sir John Quinton is being forced to quit as chairman of Barclays, Britain's biggest bank, after pressure from the bank's non-executive directors. Details of his departure will be finalised at the next Barclays board meeting on Thursday. Later the same
      FT  -  564 words
    • Article
      Lock icon MBf setting up HK unit to serve as HQ for businesses outside Malaysia
      607 6 South China Morning Post HONGKONG MBf Holdings, owner of the largest finance company in Malaysia, is establishing a financial organisation in Hongkong which is already negotiating to acquire a US bank. MBf Asia Capital Corp (Macc) will
      South China Morning Post  -  607 words
    • Article
      Lock icon Bush announces measures to streamline bank rules
      427 6 Reuter WASHINGTON US President George Bush, seek- < ing to fan the sparks of eco- < nomic recovery in an election i year, has announced measures to stimulate real-estate lending and make it easier 1 for banks to comply with fed- eral rules.
      Reuter  -  427 words
    • Article
      Lock icon Foreign brokers in Japan under fire for making profits
      611 6 Reuter TOKYO Foreign brokers are facing a spat of mudslinging following a report that they are making hefty profits in the midst of a colossal stock market fall in Japan. The Asahi Shimbun. one of Japan's top dailies, reported that foreign
      Reuter  -  611 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      218 6 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4) 1998 The theme for year's supplement is "Managing the Tiger" which focuses on the tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth
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      Page 6 Advertisements Column 2
      145 6 I I BUSINESS I I OPPORTUNITIES I I SEMINAR I I British Columbia is Canada's "Opportunity Province". I I Learn more about the advantages of doing business in H I British Columbia by attending our half-day seminar on I Friday morning, May 8 1992. I I Strategically located on the
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  • THE REGION 1
    • Article
      Lock icon Dawkins sees fall in Australian inflation
      316 7 Reuter SYDNEY Australia's consumer price index (CPI) for the March quarter, due out on Wednesday, is likely to show low inflation. Treasurer John Dawkins has said. But this might not in itself lead to a cut in official cash interest rates, he added. Market
      Reuter  -  316 words
    • Article
      Thai confidence seen recovering soon
      222 7 BANGKOK Thailand's investment situation is expected to be back to normal within a month, says central bank spokesman Pisit Lee-ar-tham. A report in the Bangkok Post quoting Mr Pisit said both domestic and foreign investment in Thailand had been on the decline for some time,
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    • Article
      Lock icon Non-govt Dutch aid also banned in Indonesia
      151 7 Reuter JAKARTA Indonesia, which has rejected further aid from the government of its former Dutch colonial riders, has said the ban also applies to non-governmental assistance, Antara news agency reported yesterday. The dispute over aid flared after Indonesian soldiers shot dead scores of
      Reuter  -  151 words
    • Article, Illustration
      Lock icon Anzac Day participants cool to Keating's call for change of flag
      553 7 AFP SYDNEY Prime Minister Paul Keating's widely publicised view that Australia should change its flag failed to impress thousands who turned out last Saturday for annual Anzac Day marches commemorating the country's war dead. Throughout Australia, veterans some in
      AFP  -  553 words
    • NOTE BOOK
      • Article
        Italy to make US$64m loan to Vietnam
        147 7 HANOI Vietnam and Italy have reached an agreement under which Rome will make a US$64 million (S$ 105.6 million) loan to Hanoi, the Nhan Dan daily said on Saturday. Under the agreement, covering 1992-94, Italy also made a grant of US$l7 million at
        147 words
      • Article
        HK gangsters in passport scam
        69 7 LONDON Gangsters in Hongkong have succeeded in obtaining hundreds of blank British passports, which they plan to use to gam residence in Britain once the colony reverts to China, a newspaper said here yesterday. The Independent on Sunday said it was not known how the
        69 words
      • Article
        S Asian foreign ministers meet
        58 7 COLOMBO South Asian foreign ministers begin a three-day meeting here today to discuss ways of making their regional grouping "more businesslike" and effective, officials said here yesterday. The special session of the standing committee of the seven-member South Asian Association for Regional Co-operation (Saarc) will
        58 words
      • Article
        E Timorese faces 13-year term
        72 7 JAKARTA A prosecutor here on Saturday called for a 13-year jail term for an East Timorese accused of masterminding a demonstration one week after the Dili massacre in November, press reports said. Joao Freitas Da Camara, 37, was charged at the central Jakarta state court
        72 words
    • Article
      Lock icon Perak keen to tie up with Viets on mining and cement
      446 8 Bernama -IPOH Perak, a leader in Malaysia's tin mining industry. is keen to exploit the vast potential in Vietnam's mining and cement manufacturing sectors, Menteri Besar Tan Sri Ramli Ngah Talib said last Saturday. Besides tin, Vietnam is rich
      Bernama  -  446 words
    • Article, Illustration
      Lock icon Analysts see no major changes in Myanmar
      509 8 AFP BANGKOK The decision of Myanmar's ruling junta to release some political prisoners and open talks with opposition leaders is unlikely to lead to significant changes in its heavy-handed policies, say analysts here. The junta, in an announcement last Friday, the day after
      AFP  -  509 words
    • Article
      Lock icon Yangon rejects UN role in resettling of Muslim refugees
      351 8 Reuter DHAKA Myanmar has reaffirmed that it will take back all 250.000 Muslims who have fled to Bangladesh but says it opposes UN involvement in the resettlement operation. A Bangladeshi official said last Saturday that Yangon's offer came during a two-hour
      Reuter  -  351 words
    • Article
      Lock icon Philippine polls battle dominated by three women
      448 8 Reuter MANILA In the mostly dirty, violent and maledominated arena of Philippine politics, three toughwilled women are setting the pace in the battle for next month's presidential elections. President Corazon Aquino's rise to power after unseating dictator Ferdinand Marcos in 1986 has helped
      Reuter  -  448 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      101 7 When we ran our Ad on 22 Apr 92 (in case you missed it, pg 12 of BT), we were shocked to hear that a lot of people wanted to fire their Ad Agency as well. We would now like to appeal that you... EMRI DON'T I YOUR U x
      101 words
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      Page 7 Advertisements Column 2
      150 7 n.> »"J •i 'll? The new German way to fly: more comfort to shorten your long journey. Lufthansa. 11 ■■HP '01-1 i MW US! Nothing takes the strain out of long-distance flying like travelling in complete comfort. Firstly, the comfort of knowing you have a choice of 9 weekly non-stop
      150 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      97 8 fraNTURY TOWER 21 jg Prestigious 25 storey office building. jjjjjjjjj Prime location on Raffles Quay, adjacent to 555 Efficient layout of approximately 'Z> 10,000 sq. ft. per floor. Uninterrupted panoramic sea view from gfSi Finest quality finishes. S6B 9 Good car parking facilities. Completion by z ~~L*r\ b~S/7 I "century'
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      Page 8 Advertisements Column 2
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      85 words
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  • THE WORLD 1
    • Article
      Lock icon US growth picks up but level still below recovery standards
      538 9 Economists say norm is 5-6 pc against 2pc forecast Reuter WASHINGTON America's economy is expanding at a faster pace than was forecast at the beginning of the year, but growth is still thought to be below historical standards of recovery,
      Reuter  -  538 words
    • Article
      Lock icon US, EC agree to settle farm dispute before July
      417 9 AFP BANDAI KOGEN, Japan The US and the European Community have agreed to settle the main points of their dispute over agricultural trade before the G-7 meeting in July in Munich, an EC official said here over the weekend. "We want
      AFP  -  417 words
    • Article
      Lock icon Russia forced to tread carefully on reform policy
      345 9 NYT Reuter MOSCOW After nearly 75 years of deliberate isolation, Russia is expected to rejoin the world economy this week, when it should be formally accepted as a member of the International Monetary Fund (IMF). This is coming at a critical time
      NYT; Reuter  -  345 words
    • Article, Illustration
      Lock icon G-7 summit could turn out to be a fiasco for Bonn
      699 9 Showcase event threatened by disputes IHT WASHINGTON The July summit meeting in Munich of the leaders of the seven industrial powers has long been seen by Chancellor Helmut Kohl as a unique opportunity to showcase reunified Germany's triumphant return
      IHT  -  699 words
    • WORLD WATCH
      • Article
        Seoul punishes 23 domestic financial firms
        97 10 SEOUL The South Korean government has imposed punitive sanctions on 23 domestic financial institutions for failing to keep wage increases under 5 per cent, a leading newspaper said yesterday. The Finance Ministry banned the 23, including six commercial banks and 12 insurance firms, from
        97 words
      • Article
        Taiwan-China trade up
        112 10 TAIPEI Taiwan's trade with China jumped substantially in February and officials on Saturday said the boom would continue in the coming months a prospect which alarms Taipei. Official figures showed Taiwan's trade with China through Hongkong rose 86.2 per cent to US$534 million (SSBBI.I million) in February
        112 words
      • Article
        Deadline for illegal workers
        84 10 TAIPEI Employers of some 30,000 illegal foreign workers in Taiwan have been given two weeks to declare them or face jail, labour officials said yesterday. "Starting May 1, employers of such workers will receive an estimated two-week amnesty to report their cases to police, or they
        84 words
      • Article
        China's gold output up
        107 10 BEIJING China's gold production rose by 13.5 per cent in the first quarter of 1992 compared with the same period last year, fulfilling close to 21 per cent of the country's annual production target, the official People's Daily said. China's actual gold production figures are a
        107 words
      • Article
        Mexico asks for loan extension
        71 10 MEXICO CITY Mexico, citing significant progress in reforming the economy after its debt rescheduling in 1989, has asked the International Monetary Fund (IMF) for a one-year extension on its U554,135 billion (556.82 billion) three-year extended fund facility. In addition, it has asked the IMF for
        71 words
      • Article
        Lebanese elections scheduled
        53 10 BEIRUT Lebanon will hold its first legislative elections for 20 years between July and August, Prime Minister Omar Karami said in a statement published here on Saturday. But he told An-Nahar newspaper that he was opposed to moves which would allow Lebanese living abroad to take part
        53 words
    • Article, Illustration
      Lock icon Developing countries seeking bigger voice
      526 10 New power may give them more clout in IMF talks Reuter WASHINGTON Developing countries, from Latin America to Asia and even in Africa, are doing something they haven't done for sometime adding to the vitality of the global economy. The new economic power of countries
      Reuter  -  526 words
    • Article
      Lock icon Denmark pulls off Scandinavian story of success
      561 10 IHT COPENHAGEN If asked to locate the world's most successful trading nation these days, most people would probably turn immediately to a map of Asia. But the correct answer lies in the Baltic Sea, where Denmark has achieved a startling economic transformation that
      IHT  -  561 words
    • Article
      Lock icon Kuwait not seeking more loans on international market for now
      324 10 Reuter KUWAIT Kuwait has no immediate plans to borrow more money on the international market but is trying to meets its cash needs through export credit agreements. "How much the government is going to spend. I don't know. I cannot
      Reuter  -  324 words
    • Article, Illustration
      Lock icon Seoul moves ahead in building economic ties with E Bloc
      505 10 AFP SEOUL South Korean President Roh Tac Woo's Nordpolilik, launched at the end of the Cold War to build diplomatic bridges to the East Bloc, is now focusing on economic cooperation after the demise of Soviet communism. A top Foreign
      AFP  -  505 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      148 9 IT'S A STEAL! No, we're not talking about burglars. This ad is all about how extremely affordable it is to advertise in the latest state-of-the-art electronic high-tech media in town! It's called Shine Singapore Press Holdings' inforich database on Teleview which incidentally is the most advanced videotext system in the
      148 words
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      Page 9 Advertisements Column 2
      137 9 nail FAXES CIME IN THBEE CDMVENIEHT SIZES. 4t <. f »H A3 84 A 4 While our faxes let you tax originals in your choice of 3 sizes, our after-sales fax service comes in only one size. Big. 24 hours a day, to be precise. I J x < Imm.'.
      137 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      534 10 (I £71 FAR EAST LfVIINCSTON 1 lUll SHIPBUILDINC LTD p lncor P° rated in the Republic of Singapore) 11 Notice of Annual General Meeting II NOTICE IS HEREBY GIVEN that the 26th Annual General Meeting of the 11 |i Company will be held at the Board Room of the Company's
      534 words
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      Page 10 Advertisements Column 2
      432 10 National University of Ireland Dublin 1908 Bachelor of Financial Services mmm Ist Intake -August 1992 Correspondence Study mhmb Entry Requirements BFS Advantages Founded in 1908 by the Government, the National Directed progress, as opposed to the traditional University of Ireland at Dublin is one of the largest independent correspondence mode.
      432 words
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  • ANALYSIS
    • Article
      Backing away from zero tariffs
      1239 11  -  The Australian Government is facing mounting pressure from unions to review the impact of tariff cuts on employment, reports Florence Chong in Sydney Florence Chong AUSTRALIA'S bipartisan approach to dismantling tariff protection appears to be crumbling as its stubborn recession bites deeply, leaving a trail
      1,239 words
    • Article, Illustration
      An ever-increasing S pore presence
      1268 11  -  Singapore's traders have been quick to move into Vietnam, but will Singapore's investors follow suit? Yang Razali Kassim reports from Ho Chi Minh City Yang Razali Kassim AT THE Saigon Floating Hotel in Ho Chi Minh City where Mr Lee Kuan Yew and his visiting
      1,268 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      403 11 Quality is not just a catchphrase or a fad-, but a way of life 99 International i Business Week Find out what the gurus Visit the Quality Management < have to say at: Showcase at: JSS&S ifL™- II y piym'P2 4 Organised by: Organised by: 3 6 June 1992 2
      403 words
  • Page 11 Miscellaneous
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      886 12 where to wine, dine T^====^^=^= s I. I Go fbr Gift Certificates Gift certificates from King's Hotel are in handy $50 and $100 denominations. Ideal for all occasions, they can be used for rooms and at all F&B outlets. Corporate purchases of $500 or more entitles you to a discount
      886 words
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      Page 12 Advertisements Column 2
      244 12 Local Ted Time delights at Chatterbox "TJT* every Friday. Saturday and Sunday 3 pm to 5.30 pm. $14.50+ per person $8.50+ per child (below 10 yn) Mezasr** Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00++ per person $10.00+ per child (below 10 yrs)
      244 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      575 12 TELEVISION AND RADIO rxi 1 TWT* J.„ Tstt "ST L «S S=3f BUSINESS ON RADIO oleeDiess iNignts asrw,..,™ s r^r«. F -ir— ttssrs Ksrasfasr"I 830 Mon9y Mind The government the spccial for the day as 730 QucKula (Cartoon). Symphony 92.4 mHz in VMF Band II "'Jill 1 Of Vietnam .s
      575 words
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  • THE ARTS
    • Article, Illustration
      Exploring a HK dilemma
      869 13  -  Nirmal Ghosh meets film critic-turned-director Evans Yiu Shing Chan, a Chinese living in New York with something to say about Hongkong Nirmal Ghosh LIV ULLMAN couldn't have anticipated that film critic Evans Chan would use her 1990 visit to Hongkong as the basis for a film
      869 words
    • Article
      A memorable evening with Romeo and Juliet
      623 13  -  Andrew Lim reviews the second programme in the SSO's Music and Literature Series Andrew Lim THE SINGAPORE Symphony Orchestra's Music and Literature Series is indeed an enterprising idea. Each concert is centred around a single literary figure, work or idea, and the audience
      623 words
    • Article, Illustration
      A pale shadow of Hollywood glitter
      583 13  -  Simone Vaz reveals what made the International Film Festival Silver Screen Gala Ball memorable Simone Vaz THERE were just two things which were memorable about this year's International Film Festival Silver Screen Gala Ball, the traditional highlight of the festival where award winners are
      583 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      187 13 AND ENTERTAIN (Srill Power Lunch! The most talked-about Business Lunch in town. In the classical ambience of a hunter's lodge Daily Continental Buffet spread for lunch from 12 noon to 2.30 pm at $33.00+ f per person. A ANA HOTEL Far reservations, SINGAPORE call 732-1222 extension 1582 or 1597. IS
      187 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      A man with a shopful of ideas
      1400 14  -  Sylvia Wong speaks to Tang Wee Sung of C K Tang Ltd SINGAPORE'S jn^ia^Rna Sylvia Wong WHEN Tang Wee Sung, managing director of CK Tang Ltd, talks about hands-on management, he means it. Even if it involves getting down on his knees to
      1,400 words
    • Article, Illustration
      Combining creativity with efficiency
      1251 15  -  Genevieve Cua speaks to the chairman of Fuji Xerox and discovers that his is a company that is quite unlike other Japanese corporations Genevieve Cua Mr akira th Yokota lik- w ens Japa- m nes e m workers to kintaro-ame, a stick of candy, a Whichever
      1,251 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      384 14 Have you ever dreamt of being your own boss, wheeling Closing Date and dealing, relishing the challenge of turning losses into profits? Well, here's your chance, and you don't June 5 1992 even have to risk any real capital! Just enter the 22nd wj^jsjs/VVVVvw--National Management Game (NMG) which starts on
      384 words
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      Page 14 Advertisements Column 2
      169 14 21—22 May 1992 The Oriental. Singapore CSM is the ultimate SERVICE tool how Measure Identify the of the customer" BHH^HpRR||HHHHHH Turn dissatisfied customers repeat Use Implement CSM in their organisations Key contributions: If your organisation is a leader in SERVICE this Service Quality (SQ) Centre* African Express J ference 8
      169 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      56 15 Br SOMEPBOPLE Actually Claim They 0 Come TO The Lobby Lounge For Ouii Famous Irish t coffee If ;~iidiM^H rWhatever the things W% V§ for sure. The Lobby Lounge V XJB| best place to your friends. After A' r tß|& > "3H IBV after Omni# Marco Polo Hotel Singapore WARMLY
      56 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Stars and Stripes wins
      643 16 America's Cup Reuter SAN DIEGO, California Dennis Conner, hanging on tenaciously to a narrow lead from the start, beat Bill Koch's America 3 on Saturday and New Zealand overcame a huge deficit to beat both Italy's II Moro di Venezia and the time clock. But the
      Reuter  -  643 words
    • Article
      Lock icon Eubank makes short work of third-choice opponent
      380 16 AFP MANCHESTER. England Chris Eubank made short work of American John Jarvis here on Saturday night in the third defence of his World Boxing Organisation (WBO) super-middleweight title. The Englishman pulled out a superb right hand in the third round to send the
      AFP  -  380 words
    • Article
      Lock icon Mediate comes from five strokes behind to lead
      431 17 Reuter GREENSBORO, North Carolina American Rocco Mediate came from five strokes off the pace to grab a one-stroke lead after the third round of the US$l.25 million (552.08 million) Greater Greensboro Open men's golf tournament on Saturday. Mediate handled the Forest Oaks
      Reuter  -  431 words
    • Article, Illustration
      Trevino-Hill lead in Legends in Golf
      312 17 AUSTIN, Texas Defending champions Lee Trevino and Mike Hill waited until the back nine on Saturday to make a move, then had six birdies in a row to take command of the U*****,000 (S$ 1.278 billion) Legends of Golf. Starting the day two strokes
      312 words
    • Article
      Lock icon Lofland beats wind, cold to top Sara Lee Classic
      391 17 AP NASHVILLE, Tennessee Dana Lofland overcame chilly, windy weather to card a one-under-par 71 and take a one-shot lead after two rounds of the Sara Lee Classic golf tournament on Saturday. Lofland, one of three who tied the course record of
      AP  -  391 words
    • Article, Illustration
      The shape of things to come
      48 17 BARCELONA Two visitors of the Olympic Village here walking past a large inflated Coby, mascot of the 1992 Summer Games, on Saturday. This was the first of only two days the village is open to the public until the Games in July.
      48 words
    • Article
      Lock icon Reynolds fails in second Olympic qualifying bid
      361 17 Reuter DES MOINES, lowa Butch Reynolds, worldrecord holder in the 400 metres, failed on Saturday in his second attempt at qualifying for the Olympic trials since a 1990 suspension for testing positive in a steroid test. Reynolds winning time of 45.92 seconds at
      Reuter  -  361 words
    • SIDE LINES
      • Article
        Flyweight champion on cocaine charge again
        103 17 SAN JUAN, Puerto Rico World Boxing Organisation flyweight champion Jose de Jesus has been charged for the second time with selling cocaine to an undercover police agent. De Jesus was charged on Friday with selling cocaine in the south-coast city of Guayama on Jan
        103 words
      • Article
        Gerring suffers burns on face
        128 17 NASHVILLE, Tennessee US women's tour golfer Cathy Gerring suffered first and second degree burns on her face and hands here on Saturday from flame from an alcohol burner on a buffet table, officials of the Sara Lee Classic golf tournament said. Gerring, who had just
        128 words
      • Article
        Hodkinson holds on to title
        112 17 BELFAST Britain's Paul Hodkinson stopped American Steve Cruz in the third round to successfully defend his World Boxing Council featherweight title on Saturday. Hodkinson. making his first defence of the title he won in the same ring five months ago when he outpointed Mexican Marcos
        112 words
      • Article
        Referee eyes Barcelona ticket
        76 17 COPENHAGEN Not only the wrestlers are trying to qualify for the Summer Olympics at the European GrecoRoman Wrestling Championships. American Sheila Wager, a referee from the US, is also battling for a ticket to Barcelona. "1 hope I'll qualify. It would be great to go there,"
        76 words
    • Article, Illustration
      Lock icon Lewis, Burrell set world 800m relay record
      229 17 AFP PHILADELPHIA, Pennsylvania The two fastest sprinters in the world, Carl Lewis and Leroy Burrell, led the Santa Monica Track Club to a world record of one minute and 19.11 seconds here on Saturday in the 800-metre relay at the Penn Relays. Mike
      AFP  -  229 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      2110 16 Standard ft Chartered Standard Chartered Finance Ltd. (Incorporated in the Republic of Singapore) Wholly owned subsidiary of Standard Chartered Bank T T Not* 1191 1990 Accrued interest on deposits 1 2/5 059 1 028 683 I tuißt piDiTii ~~t~ 1 I Amount due to customers 560,148 539,123 SHARE CAPI L
      2,110 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      117 17 r This announcement appears for the purposes of record only April 1992 \yVENTURE VENTURE MANUFACTURING (SINGAPORE) LTD (Incorporated in the Republic of Singapore) Invitation 12,000,000 ordinary shares of $0.25 each comprising 8,000,000 New Shares and 4,000,000 Vendor Shares Issue Price $0.40 per Share Listing SESDAQ Manager and Underwriter ©DBSBANK THE
      117 words
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      Page 17 Advertisements Column 2
      257 17 I I EMPOWERING f/'^J■ I EXECUTIVES 'LZi I WITH THE I MACINTOSH I POWERBOOK —I I May 13-14,1992 I 552,999 (with Macintosh Powerßook) I Sssso (without Macintosh Powerßook) I This workshop will show senior executives how easy it is to take full I advantage of mobile computing with the Macintosh
      257 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks edge lower in thin, dull trading
      4249 18  -  Analyst concerned about market's ability to compete for funds By Genevieve Cua j THE BENCHMARK Straits Times Industrials Index managed to keep its head above the 1,400 level, despite generally thin and dull trading in the week ended April 24. The market looked
      4,249 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2858 19 SPH Foreign 1320 +70 +5.6% DBS Foreign 1290 +50 +4.0% t'MB Packaging 590 —40 +7.3% OCBC Foreign 1140 +30 +2.7% Roth Inds 50* 650 +25 +4.0% Hai Sun Hup 20« 242 +22 +10.0% SIA 1230 —20 +1.7% Orchard Parade 490 +18 <-3.8% UOB Foreign 700
    2,858 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      127 19 YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 VUfIA on Teleview, which incidentally is the most advanced and company news. or Tony Chia videotext system in the woHd.
      127 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3337 20 Oriental Hklgs 6JO +30 +5.U% CDL (2000) 180 +135 300.0% MAS 454 +22 +5.1% M1SC Foreign 488 +18 +3.8% Guinness 50* 350 +16 +4.8% Magnum Corp 50* 378 +16 f 4.4% H I eong Ind 50* 560 15 2.8% M Banking 520 +15 +3.0% 1JM
    3,337 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      216 20 NOTICES Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on your money Essential information accessible every business day through Business Times In the same way a surgeon needs his tools
      216 words
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      Page 20 Advertisements Column 2
      219 20 IN THE MATTER Of THE COMPANIES ACT. CAP. 90 ANO IN THE MATTER Of MARINA CATERING SERVICES PTE LTD (In Mwnbin' Voluntary Liquid—w) NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of The Compeniee Act. Chapter 50 that the Final Meeting of the members of the abovenamed company will
      219 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Tokyo rebound leads to higher close for week
      5346 21 Bernama KUALA LUMPUR Improved sentiment in line with the Tokyo market's rise towards the end of the week led share prices here to a steadier close last week. The KLSE Composite Index added 7.96 points over the week to close at 583.71,
      Bernama  -  5,346 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      429 22 Mi Umi l»tUto Ftncast Ml M M Pre* EPS ■Mi Tor EPS Crea pelt N< N» Umm Mi Mjr (eh) (SIM) (SSa) (cts) S«t F May 20 Mar 92 143.2 40 0 912,800 9869—1175.0 153 9-184 0 Ml Hp F Jun 13 Mar 92 11.0 3.0 7.999 3.5-6.0
      429 words
    • Article
      OTHER RESULTS DUE
      426 22 hhM l*tWY«r cmm NM Ml Mr m *m M mmmmt (cts) W+ Wpr <»*•) OB Final No* 6 Jul 91 3.0TE 17.878. Jacks W Final Apr 30 Jw 92 2281 IIP Mte Final May 6 Mar 92 4.5 3.3 6.032 Ckm M Final Mar 8 Mar 92
      426 words
    • Article
      AUDITED RESULTS
      147 22 Cifny Date Yaar Graap Nat Mat aara<ag» firm aaa la prallt/laas (L) par skara JivMaad COM) (carta) Temple ten Apr 16 Dec 91 USS63.073($58.034) 39 5(36.3) 2100(1500) COL Apr 14 Dec 91 HK$80,737($10.761L) 2.7(-) HSBC Apr 14 Dec 91 $5,664 ($3,096 3.5(1.9) 1.9(1.6) DBS Apr 13 Dec 91
      147 words
    • Article
      PRELIMINARY RESULTS
      441 22 CompMy Date pretax Nt Mf teg» Grw> m to pram/toM (L) par slur# iM&«* (•000) (C«ito) BRaya Apr 22 Dec 91 M$18.193($17.425) 4 5(47 3(2) Oriental Hldgs Apr 20 Dec 91 M$255.349($259.312) 120 1(131 7) 27 5(22) Duntop Est Apr 16 Oec 91 M$146,821 ($3,803) 15(-) 7 5(5)
      441 words
    • Article
      INTERIM RESULTS
      331 22 Cw»aay Date HaM-yaar Craap pra-tax mm ta praflt/laaa (D 4M*m4 (*000) SPH Apr 24 Feb 92 $123.204($110,396) 10(8) Times Pub Apr 20 Feb 92 $18.782($25.132) 4(4) New World Apr 1 Oec 91 HK$l,276d($521,808) 21(16) Burw.ll Mar 31 Dec 91 HK$14.779($11,169) 25(25) H Lew* Credit Iter 31 Dec 91
      331 words
    • Article
      CORPORATE DEVELOPMENTS
      122 22 Apr 22 Sngapore Mrfnes is interested in buying a minority stake in the Australian flag carrier Qantas. Apr 21 Keppd Shipyard was awarded a $80m contract to refurbish a fleet of 15 Exxon vessels. j A $300 m deal between the Fraser Neave group and Pidemco Land has
      122 words
    • Article
      DIVIDENDS ANNOUNCED
      1684 22 term Ex M» Mi Mhr TatX tar Ma eta* payahte ttayaar last yaar Aom 5% Jun 5 )unl8 Jul 2 122% IWTt AmM Em 50c 6%TE(I) Apr 15 Apr 21 Apr 30 6%TE 12%TE Mm 20C 125tTt Mar 3 Mar 13 May 15 17MTE 12WE Ml 21C 104.8%
      1,684 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      604 22 Inm toftetortd Substantial Uf/ Skaro. Aawwrt StawtoWtap Stock Date Holder SlwoMdor/Diroctor Ml hwoJvod Bofcr* Ckfo After Ctigo DBS Land 21/04/92 Street Names DBS Bank S 1.000 2.228 286.703,000 44 28 286.702.000 44 28 Ul Securities 20/04/92 UOB Group B 29,000 23.526 41,366.200 4180 41.395.200 4180 DBS Land
      604 words
    • Article
      APPROVED ISSUES
      225 22 Company Itiftts Issue Bolton Issue of (*****m nominal amount of 3 51 Redeemable Unsecured Guaranteed Bonds 1992/97 with *****m detachable TSfts on the bass of $2 nominal amount of Bonds for every three exisbng shares held En-date Apr 15 Books dose Apr 30 Acceptance I Payment NYA Company
      225 words
    • Article
      PROPOSED ISSUES
      594 22 Company Rights tow liance Itch One-for-one $100 per share Issue of $175 lm normal amount of 55* Bank Guaranteed Bonds 1992/97 with detachable transferable subscription nghts (TSR) on the basis of one TSR for every four ordinary shares fe 195 fcx each TSW CASH Three for two (a
      594 words
    • Article
      SCRIPLESS CONVERSIONS
      50 22 Conversion Special Trd§ Scripiess Conversion deadline Period Trading Coapany starts (IDP) (ST) starts Gold Coin* May 12 Jun 8 Jun 23 keppel Finance* Jun 10 Jul 1 Jun 19 -Jul 1 Jul 2 tOL* Apr JO May 22 May 11 May 22 May 25 Footnote: indicates proposed dates.
      50 words
    • Article
      COMPANY MEETINGS
      123 22 British-American Tobacco Conpany (S) Ltd: 49th AGM at the Registered Office of the Company, 57 Senoko Drive, Singapore, on Tuesday, April 28, at 11.30 am MBf Franco Bht 21st AGM at the Penthouse, 23rd Floor, Plaza MBf, Jalan Ampang, ***** Kuala Lumpur, on Tuesday, April 28, at 10am
      123 words
    • Article
      RECORD HIGHS & LOWS
      146 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mi 1316.68 (21/2/92) 1992 N* 1545.92 (27/1/92) 1992 low 1191.31 (09/4/92) 1992 tar 1352.83 (09/4/92) 1991 Mt *****8 (3/6/91) 1991 M* 1565.58 (3/6/91) *****Mr *****2 (16/1/91) 1991 tor 1149.08 (16/1/91 1990 Mc 1435 43 (16/7/90) 1990 1607.12 (27/3/90) 1990 Int.
      146 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 22 la local cnrr In S$ la US$ dy yr 4y yr dy yr pr 24 Index chgt chge chge chge chge chge World 389.5 0.1 -4.6 here -6.4 0.6 -8.7 tEAFE 467.4 0.1 -6.9 1.3 -11.0 1.1 -13.1 Europe 445.2 0.2 8.3 0.5 2.7 0.3
      364 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Market showing signs of overheating, say analysts
      678 23 FT YORK AS THE first quarterly reporting cycle draws to a close. Wall Street was left wondering whether the recent stock market rally may have been overcooked. The ingredients required for a sustained bull market are still there. Low domestic interest rates, uncompetitive
      FT  -  678 words
    • Article
      Lock icon Prices fall in week dominated by arbitrage trading
      396 23 AFP TOKYO Share prices on the Tokyo Stock Exchange continued to fall last week, dominated by futures-related arbitrage trading. The market's benchmark Nikkei Stock Average of 225 blue chips closed out the week last Friday at 17,542.45 yen for a slight loss
      AFP  -  396 words
    • Article
      Lock icon Index hits record high on China factor
      213 23 AFP m= HONGKONG Share prices rose sharply in a holi-day-shortened week on the local stock market, boosted by increased funds from abroad after positive remarks on economic reform in China by Prime Minister Li Peng. The key Hang Seng Index rose 247.48 points
      AFP  -  213 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        165 23 AUSTRALIAN shares closed firmer after a short week with bullish undertones as the market continued to consolidate recent gains, brokers said here last Friday. Brokers said the market was looking bullish as confidence in the Australian economic recovery boosted local market sentiment, offsetting weaknesses from offshore markets. The share
        165 words
      • Article
        SEOUL
        109 23 SOUTH KOREA'S stock market failed to sustain Friday's surge but ended up higher than a week ago Saturday. The Composite Price Index closed Saturday's halfday session at 594.9, up 7.1 points from the previous week amid hectic trading. Average daily turnover was 28.5 million shares worth 353 billion won,
        109 words
      • Article
        JAKARTA
        96 23 SHARE prices rose slightly despite a persistently low level of transactions in the first week of operation of the privatised Jakarta Stock Exchange (JSE) last week. PT Bursa Efek Jakarta (BEJ), a private company with shares owned by JSE members, formally took over management of the market from the
        96 words
      • Article
        BANGKOK
        68 23 THE Stock Exchange of Thailand (SET) index, buffeted by continuing political turmoil, shed more than 27 points during the week to close on Friday at 794.81 points, down 3.3 per cent from the previous week's close. The average daily turnover by volume during the week was a light 41.7
        68 words
      • Article
        BOMBAY
        148 23 ONLY one day of trading was possible on the Indian stock market as brokers continued their trading boycott last week. The brokers were protesting against recent directives of the Security and Exchange Board of India (SEBI). which stipulates that all brokers register with it. The SEBI was given legal
        148 words
      • Article
        TAIPEI
        110 23 SHARE prices on Taiwan Stock Exchange lost ground last week amid investors' worry over a five-day protest lodged by the island's opposition members. Extending a 1.3 per cent slide the previous week, the 278-issue weighted price index slipped another 23.1 points or 0.5 per cent to wind up the
        110 words
    • Article
      British recovery fever gaining momentum
      891 23  -  Optimism reflected in sterling's rise to 7-month high g^NDOKI By Ray Heath FOR MONTHS, perhaps a couple of years, the recovery in the UK economy was visible only to those wearing rose-tinted spectacles with powerful magnifying lenses. These were issued exclusively to Conservative politicians and
      891 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      8 23 The market report for Manila was not available
      8 words
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      Page 23 Advertisements Column 2
      729 23 NOTICES UQUOR UCENCE NOTICE NOTICE IS HEREBY GIVEN thai, I. KobTuckFaof Blk 250, Bangkit Road, #08-356 Singapore 2367, have applied for a Public House Second Class Licence in respect of premises at Mfe Restoran Pelabohan at •***** Harbour Promenade WTC, Singapore 0409, and that this application will be heard in
      729 words
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  • WORLD STOCK MARKETS
    • Late sell programs send Dow lower
      • Article, Illustration
        NEW YORK
        1323 24 STOCKS closed lower in heavy trading on Friday after a late spurt of comput-er-driven sell programs knocked the market's attempt to finish an aimless but bumpy session in positive territory. The Dow Jones Industrial Average, which rose 9.84 points on Thursday, fell back 24.15 points to 3,324.46. Philip
        1,323 words
      • Article, Illustration
        LONDON
        786 24 HOPES of an economic upturn coupled with expectations that some takeover bids are imminent pulled share prices higher on the London Stock Exchange on Friday, dispelling the dull start to trading. The blue-chip FTSE-100 index, which rose 2 points on Thursday, closed 33.2 points higher at 2,643 points. The
        786 words
      • Article
        FRANKFURT
        265 24 THE Frankfurt stock market finished the week in a weak mood on Friday, as the DAX spot trend index shed 6.64 points on the day to close at 1,745.70, and the Commerzbank indicator 10.90 to end at 1,003.80. Operators said the decline was primarily due to the sharp year-on-year
        265 words
      • Article
        PARIS
        228 24 FRENCH share prices finished higher on Friday but they lost some shine during the afternoon and narrowed their rise. The CAC-40 index ended 6.77 points or 0.34. per cent lower at 1,984.91, but had touched 1,995.03 at one point. Trade was an active 2.6 billion francs, helped by purchases
        228 words
      • Article
        ZURICH
        390 24 SWISS shares traded lower on profit taking and position squaring in an overbought market ahead of a long weekend last Friday, dealers said The all-share SPI index eased 3.8 points to 1,159.5 and the SMI index of leading shares lost 7.6 points to 1,872.5. Dealers said the market again
        390 words
      • Article
        AMSTERDAM
        168 24 DUTCH shares held a firm course to close higher despite a wave of bearish factors, having been buoyed by sustained foreign interest, dealers said. The EOE index closed up 1.28 points at 313.70 on Friday. A dull bond market, a weaker dollar and a late downturn in New York's
        168 words
      • Article
        STOCKHOLM
        188 24 PRICES on the Stockholm bourse closed higher in line with other European markets on Friday, with Astra shares gaining strength in active trade, dealers said. The All-Share Index rose 0.31 per cent to 973.99 and the top-16 index climbed 0.65 per cent. Volume was relatively high at 586 million
        188 words
      • Article
        BRUSSELS
        262 24 BELGIAN shares saw strong gains last Friday as blue chips contributed to a significant increase in the volume of trading towards the close. The Bel-20 index of leading shares finished up 16.15 points, or 1.34 per cent, at 1,221.58. A high 1.3 billion francs worth of Belgian shares were
        262 words
      • Article
        TORONTO
        270 24 TORONTO blue chips ended a slow Friday by plunging in the last hour of trade to close sharply lower, dealers said. The market had been drifting in a narrow range before telecommunications giants Northern Telecom and BCE Inc suddenly began sliding, they added. The TSE 300 composite index closed
        270 words
      • Article
        INDICES & TURNOVER
        74 24 INDICES TURNOVER NEW YORK Close Previous Apr 24 Dow Jones SAP 500 Turnover (million) 3,324.46 3.348.61 ***** 411.60 199.31 237.94 -24.15 -2.58 -3863 LONDON Financial Times 30 FTSE 100 Turnover (million) 2.072.5 2.643.0 571.2 2.042.7 2.609.8 611.2 29.8 33.2 -40 FRANKFURT DAX Index 1.745.70 1.752.44 -6.64 AMSTERDAM EOE Index 313.70
        74 words
      • Article
        Untitled
        348 24 Other markets in Europe, South Africa and Canada Johannesburg Apr 24 R*nd INDUSTRIALS A Alpha 4150 unch AECI 900 unch AMIC 7775 unch Abercom 125 Amaprop 690 10 BAZ 1300 Barlows 5500 100 Basil Strk 10 5 Blyvoor 460 20 CG Smith ***** unch Cnagalo 2550 unch Curfin 685 Edgars
        348 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      33 24 The market reports for Milan and Johannesburg were not available Don't miss Personal Finance Investment in Business Times every Saturday I |SnS® B= offers V the most current ■PlUto/job IjF opportunities available. Df_
      33 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Most Asian currencies fall against US$
      766 25 ASIAN CURRENCIES Reuter HONGKONG Most Asian currencies weakened against the US dollar last week with the yen losing ground on prospects of a US economic recovery. The Taiwan dollar bucked the trend with a slight advance while the Malaysian ringgit surged to a five-year
      Reuter  -  766 words
    • Article
      Lock icon Greenback rises against mark
      509 25 NEW YORK Reuter THE GREENBACK last Friday ended the US trading day slightly above opening levels after dropping a pfennig overnight. Pre-weekend liquidation of long dollar positions and continued strength in the mark helped undermine the dollar, dealers said. Thursday's news of a surging German money
      Reuter  -  509 words
    • Article
      INTERBANK FOREX RATES
      385 25 Cross rates Apr 24 I USS SS MS Dm Yen SFr AS NZS USS 1 6590 2.5380 1.6590 134.80 0.5656 1.5390 1.3210 1.8727 SS 0.6028 1.5298 1.0000 81.2538 0.3409 0.9277 0.7963 1.1288 MS 0.3940 0.65 0.6537 53.1127 0.2229 0.6064 0.5205 0.7378 Dm 0.6028 1.0000 1.5298 81.25 0.3409
      385 words
    • Article
      MONEY MARKET
      526 25 Interbank rates SS Bid Offer Overnight 3 1/2 3 5/8 1-month 3 3/16 3 5/16 2-month 3 3/16 3 5/16 3-month 3 1/4 3 3/8 Overnight mode: 3-3/8 US$ High Low 7 days 4 1/16 4 1 month 4 1/16 3 15/16 2 months 4 1/16 4 3
      526 words
    • Article
      Lock icon Japanese cutback fails to dampen US Treasury sales
      700 25 Reuter WASHINGTON Two big debt sales by the US Treasury last week produced no sign that an economic crisis racking Japanese financial markets is rippling onto this side of the Pacific. Japanese investors cut their holdings of US Treasury securities by billions
      Reuter  -  700 words
    • Article
      Lock icon Salomon's new hedging strategy focuses on cross rates
      543 25 Reuter NEW YORK With demand for controlling currency risk in global portfolios growing rapidly, Salomon Brothers has devised a hedging model that seeks to lower costs and enhance yields by concentrating on a small number of currency pairs, including non-dollar cross rates.
      Reuter  -  543 words
    • Article
      PRIME LENDING RATES
      491 25 BANKS ABN Amro Bank NV 6H ANZ Banking Group 7 Allied Irish Bank PLC 7Vi American Express Bank 7 Arab Banking Corp 7V« Arab Bank PLC 6V1 BFCE 7 Ban Hin Lee Berhad 6 J Banca Commerciale 7 Banco do Brasil 7% Bangkok Bank 6 V 4
      491 words
    • Article
      FINANCIAL FUTURES
      151 25 COMEX Apr 24 COLD FUTURES (100 oz) USS/OZ Open High Low Settle Change Apr~92 ***** 337.30 336.50 336.90 Tio y| a y 336.90 -1.80 Jun 337.30 338.10 336.70 337.50 -1.80 Aug 339.10 339.70 339.00 339.50 -1.80 Oct 342.00 342.00 341.40 341.40 -1 80 Dec 343.50 343.70 342.80 343.50
      151 words
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  • COMMODITIES
    • Article
      Lower deficit estimates cause cocoa prices to fall
      876 26 REPORTS LONDON Cocoa prices fell to a nine-month low last week, after forecasts for the world production deficit this season were lowered due to better crop prospects in the Ivory Coast. The International Cocoa Organisation revised its forecast for the world production
      876 words
    • Article
      Lock icon Opec to maintain crude production at current levels
      460 26 Reuter VIENNA Opec has decided to maintain crude production at current levels, satisfied that the policy which has nudged oil prices higher for the past 10 weeks will maintain the upward pressure amid rising demand. Opec Secretary-General Subroto said last Friday that
      Reuter  -  460 words
    • Article
      Lock icon Rains come too late to save Sri Lankan tea crop
      303 26 Reuter NUWARA ELIYA, Sri Lanka One of the worst droughts in Sri Lanka's history may be over, but the rains have come too late to save the tea crop, government officials and tea planters said. The rolling hills of Sri
      Reuter  -  303 words
  • Article
    PRICES
    1161 26 Rubber J i MS (hfchi tab*) S cents/kg Int I RSS Close j Apr 20 Closed Apr 21 140.00 Apr 22 141.75 Apr 23 142.25 J Apr 24 141.75 HHWELB (fob hi l»k>) M cents/kg Int 1 RSS Close J Apr 20 Closed Apr 21 216.50 Apr 22 217.00
    1,161 words
  • Page 26 Advertisements
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1151 27 Ctty n&L ra Figbt ETC MaMMa SQ228 2050 SQ227 2230 Aaaaaa RJ182 1440 RJ183 2340 SQ23 0645 KL838 2240 KL831 0940 Mb— SQ36 2230 AacMaaJ NZ25 1530 NZ28 1645 SQ288 2035 BA12 2155 Sari BI421 1105 SQ182 0915 ■H—■ SQ181 1410 B1422 1205 B1429 2030 B1430
    1,151 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Dutch dolling up grand old houses
      545 27  -  LETTER FROM AMSTERDAM Jet jJtr jy J/f JV By Kristin Kranenberg WHEN Petronella Oortman, wife of a wealthy Amsterdam merchant, had a new house built at the end of the 17th century, she sought to make it the height of ryNo expense was spared
      545 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      154 27 As at 3 pm on Apr 24: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2485 1.2585 Canadian dollar 1.3850 1.3950 NZ dollar 0.8765 0.9065 Sterling pound 2.9160 2.9260 US dollar 1.6515 1.6615 Local dollars to 100 anils of foreign currency
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      96 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser May 20-27 Budapest Buenos Aires, HUNGEXPO 54-1/*****50 May 31- Corporate Hongkong The University (852)*****11 International Argentina June 5 Financial of Michigan Fax; Fair Management (852)*****46 May 25-29 Technology for Dussetdorf. Dussddorf (49)211/*****1 June 1-7 International Buenos Aires Argentine
      96 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      45 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. W. Know Europe ban Kan to Pfaaah.
      45 words
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      Page 27 Advertisements Column 2
      25 27 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
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      Page 27 Advertisements Column 3
      393 27 NOTICES HOCK HENO PLASTIC INDUSTRIES (PTE) LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (Inooiporatod in the Republc et Singapore) Registered Office: 86 Franhal Avenue Singapore 1645 NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 o» the Companies Act. (Chapter SO) that a Final General Meeting of the
      393 words
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      Page 27 Advertisements Column 4
      172 27 EKAY MARINE SERVICES PIE LTD (Incorporated in the Republic of Singapore) (la Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that punuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of Members of the Company will be held oa Wednesday 27th May, 1992 at
      172 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      279 27 1 A job is going begging Reply Paid envelope pro--5 Permit admits one repre- ******11 J 0 ***** and hanger-on 9 Did go around the edge of I I I I I 10 A nuclear particle counter TH| over there (6) gloomy dean was em bar12 Plaster firm confronted by
      279 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      164 27 Singapore Outlook: Cloudy with occasional light rata in the evening Report Maximum temperature 31.5 Assoc humidity 75% Minimum temperature 25.0 Assoc humidity 97% Hours of sunshine 3.75 Rainfall in mm 2.6 Rainfall this month 156.5 Rainy days this month II World report Asia-Pacific Hi/Lo* Cood. Auckland 16/04 Clear Bangkok 38/28
      164 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      14 27 PftO^IQOGH.. y V Goes R*US.... C ASSOCIATED NfWIfJMM LTO, tMI- Ml Wkkv~ 8664 A
      14 words
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  • Article
    Lock icon Saudi Arabia to invest US$30b in oil sector
    240 28 Half to go into developing petrochemical industry AFP RIYADH Saudi Arabia, which has coped successfully with major outlays due to the Gulf War, is about to launch a US$3O billion (5549.5 billion) investment programme to enlarge its oil production capacity. Possessing 25
    AFP  -  240 words
  • Article
    Lock icon Germans brace for disruptions
    176 28 AP FRANKFURT Germans braced themselves for massive disruptions in public services as unions representing 2.8 million public sector workers last Saturday voted to strike for more pay. With postal workers already striking in many parts of western Germany, the Public Service and Transport Union, with more
    AP  -  176 words
  • Article
    US and Germany squabble over economic policy
    311 28 WASHINGTON A meeting of the Group of Seven industrial nations yesterday was shaping up as a dialogue of the deaf, with the world's economic superpowers split on whether to give priority to boosting growth or tackling inflation. Although differences of opinion are nothing
    311 words
  • Article, Illustration
    Lock icon Rebels declare Islamic govt after seizing Kabul
    322 28 Reuter KABUL An alliance of Afghan rebel forces fought off rival fundamentalist guerillas on Saturday to seize Kabul and declare an Islamic government. But as heavy gunfire raged through the night, it appeared that the new masters of Kabul did not have complete
    Reuter  -  322 words
  • Article
    Lee spells out possible economic model for Viets
    470 28  -  ltopwt> Nw Yang Razali Kassim in HO CHI MINH CITY SINGAPORE is not the right economic model for Vietnam. A more appropriate one would be Taiwan. Even so, a Vietnamese model of economic development could be possible in which free market exists
    470 words
  • Article
    Lee exchanges views with Singapore businessmen
    217 28 IT WAS QUITE a special meeting of sorts. It was the first time that a Singapore leader was visiting Ho Chi Minh City and meeting Singapore businessmen here. Some of the Singapore entrepreneurs are actually based here. But a few others with interests in
    217 words
  • Article
    UN official realistic about Earth Summit
    312 28  -  Reports from Nirmal Ghosh in KUALA LUMPUR MAURICE Strong, the Secre-tary-General of the United Nations Conference on Environment and Development (Unccd) due to be held in June this year, is taking a realistic view of the Earth Summit as it is commonly referred to.
    312 words
  • Article
    Healthy turn-out at Malaysian Green Conference
    242 28 THE SECOND Ministerial Conference of Developing Countries on Environment and Development in Kuala Lumpur is a rehearsal for June's Earth Summit in Rio de Janeiro in more ways than one. Rio will be host to an alternative conference of NonGovernmental Organisations at the same
    242 words
  • Page 28 Advertisements
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  • SHIPPING TIMES
    • Article, Illustration
      Porsche eyeing larger market in Asia
      544 29  -  By Juliette Walker SINGAPORE Germany's Porsche AG has reduced its dependence on domestic and US sales and is now seeing Asia emerge as an increasingly important market. In the last five years, the sports car manufacturer has seen a dramatic shift in the geographical
      544 words
    • Article
      Lock icon M'sian ports to be linked to Shipnets
      173 29 Bernama KUALA LUMPUR The Shipping Cargo Information Network System or Shipnets, the electronic data interchange widely used in Japan, would be applicable to Malaysian ports as a means of reducing reimbursement cost, a Japanese official said last Friday. "An integrated system is essential
      Bernama  -  173 words
    • Article
      Lock icon Ethiopia, Eritrea agree on use of Massawa port
      195 29 AFP ADDIS ABABA Provisional governments in Ethiopia and Eritrea have reached agreement on the joint use of Eritrea's Red Sea port of Massawa, national Ethiopian radio reported last Saturday. The port was captured by the Eritrean People's Liberation Front (EPLF) in February
      AFP  -  195 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1163 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASXCLShpg 15 2 ASCL
      1,163 words
    • Article
      Sembawang Maritime's $2m crane secures 2 deals
      270 29  -  By Dexter Lee SINGAPORE Sembawang Maritime Ltd has sharpen its competitive edge in the heavy lift services market in the Asia-Pacific with a new $2-million floating sheerleg crane. This crane, called the LISOI, is capable of lifting equipment of up to 1,500 tonnes.
      270 words
    • Article
      Lock icon France settles compensation battle with Amoco over spill
      382 29 Reuter RENNES, France The French government and local people hit by one of the world's worst oil spills welcomed Amoco Corp's decision to drop its legal battle over liability for the wreck of the supertanker Amoco Cadiz. "We took this action so
      Reuter  -  382 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Port of New Orleans endorses lock plan
        94 30 NEW ORLEANS Port of New Orleans officials have endorsed a US$6OO million (***** million) Corps of Engineers plan to expand an outdated lock on the Industrial Canal. The lock has been the site of long delays for shipping concerns. The obsolete lock is
        94 words
      • Article
        HK ship damaged at Valencia
        56 30 LONDON The Hongkong-flagged container vessel CanMar Venture collided with the Campsa pier petrol terminal at Valencia in foggy weather early on Friday morning, Lloyds Shipping Intelligence reported. The 16,963-dwt vessel severely damaged its bow. It will be completely discharged here in order to proceed in
        56 words
      • Article
        Ferruzzi group wins Navy order
        94 30 MILAN The Ferruzzi group's Intermarine USA will build three minesweepers for the United States Navy under a contract that includes an option on four others. A Ferruzzi Finanziaria SpA statement on Friday did not give financial details. Intermarine USA will build the boats at its
        94 words
      • Article
        Frans Maas profit same as '91
        111 30 VENLO, The Netherlands Freight forwarder Frans Maas Beheer NV said that it expected its 1992 net profit to match last year's figure. "Given less favourable economic developments in Europe and unclear prospects on the liberalisation of the European market, we expect the 1992 result
        111 words
      • Article
        US tanker stuck in mud bank
        53 30 LONDON Jf- The US-registered tanker Charleston has run aground on a mud bank in the St Johns River, Jacksonville, Florida, Lloyds Shipping Intelligence Service said. The 39,366 dwt tanker has requested tug assistance to refloat on the next high tide. No spillage or pollution
        53 words
      • Article
        Liberian ship damages bow
        68 30 LONDON The Liberian container vessel Choyang Moscow seems to have lost its bulbous bow in a collision outside Bremerhaven on Thursday, Lloyd's Shipping Intelligence Service said. The 46,660 dwt vessel may have to be repaired at Hamburg because other facilities are occupied. Five seamen were presumed
        68 words
    • Article, Illustration
      Lock icon Business guru, cruise saviour
      1548 30  -  David Mott talks to Tiygve Hegnar, chief executive of Kloster Cruise and one of the most influential people in Norwegian business David Mott Lloyd's List IN THE reception area of Trygve Hegnar's waterfront office in Oslo is a newspaper clipping mounted on an ancient typewriter bearing
      Lloyd's List  -  1,548 words
    • Article
      COCKETT BUNKER MARKET REPORT
      813 30 THIS twicc weekly report, compiled by Cockctt Marine Oil Ltd, shows pricc ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockctt Bunker Pricc Index change and
      813 words
    • Article
      THE SHIPPING GUIDE
      10133 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,133 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        489 45 ftttd ¥ay No Bwth km* Departut Marina Ttnninil 1 Arwana Mas 2 005 M04 alongside 26 04/2300 Maco Arabica 01/92 M03 alongside 26 04/1500 Aungwinthetn 02/92 ¥03 27 04/1400 27 04/2359 Batam Maiu *****2 M03 2704/1000 2804/0500 Batam Murn. *****2 M03 27 04/1000 28 04/0500 Batam Sayai*
        489 words
      • Article
        IN MALAYSIAN PORTS
        263 45 JQMrw rwi Berth: 1: Likas Venture; 2: Zebu Express; 3; Young Sportsman; 4; Vigsnes; 5: Kara Sea; 6: Bunga Kemumng. Oi jetty: Rosalie, Pendopo. DC J: Silver Pride. Due on V* 24: Global Eos. Subur. Barge Mdana No 19, Ribuan Jaya, Kris Madura, Jevel Ah. Kota Mesra,
        263 words
      • Article
        CONTAINER SCHEDULE
        1076 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookie/Balance Rslb Sty Voy No Etb/Btr Poriod From To From »a lotus 248 28/0500 1 26/1500 26/1659 26/1900 Lotus 2 26/1700 27/0659 27/0900 3 27/0700 27/1159 27/1400 AIManahh 67W 27/1500 1 26/1500 26/1659 26/1900 Ak>kM«ir 0c 03GW92 27/2359 1
        1,076 words
    • Article
      TRANSPORT DIARY
      948 46 •May 8 (1 day): Implementing Sid Developing Strategic Lotrstic Systems, organised by Singapore Institute of Purchasand Materials Management. For more details, please Contact SIPMM Secretariat at 273-4172 or fax: 274-1132. 3lky 15-16 (1% days): ISO for Warehousing and Centres, organised Institute of Pur«ehasing and Materials ManageFor more details,
      948 words
    • Article
      DAILY FREIGHTS
      476 46 FREIGHT rates in the large tanker market out of the Mideast Gulf eontinued to he lifted by chartering demand following a bout of Saudi Arabian fixing on Wednesday, brokers said on Thursday. Three major oil companies secured VLCCs for trips to West Europe at worldscale rates between 42
      476 words
    • Article
      Lock icon US, Japan to discuss Northwest flights dispute
      465 48 NYT TOKYO Japanese and American officials planned to hold informal talks last Saturday in Phoenix, Arizona, to discuss a dispute over Northwest Airlines flights from New York to Sydney via Osaka. Japan's Transport Ministry maintains that Northwest is violating a section of the
      NYT  -  465 words
    • Article
      Lock icon America West ties up with Aeromexico
      354 48 UPI PHOENIX America West Airlines, faced with tightened domestic competition, announced last Friday it has agreed with Aeromexico to form a marketing alliance involving code-sharing and frequent flier programmes. The carriers said the agreement, once approved by the US government, would boost travel between
      UPI  -  354 words
    • Article
      Lock icon Japan to cut car exports to EC by 6pc this year
      299 48 UPI BRUSSELS Japan and the European Commission agreed to reduce Japanese vehicle shipments to the EC by 6 per cent during 1992, an EC source said last Friday. The EC imported 1,260.000 cars from Japan in 1991 and the
      UPI  -  299 words
    • Article
      Lock icon China to launch Intelsat satellite
      248 48 UPI BEIJING The world satellite consortium Intelsat has contracted to use China's Long March launch system to loft a communications satellite in 1995 or 1996, staterun television said last Saturday. Under the US$6O million (SS99 million) contract, signed last Friday at Intelsai's Washington headquarters, China
      UPI  -  248 words
    • Article, Illustration
      Lock icon Pan Am goes on trial for Lockerbie disaster
      563 48 Airline's insurer may lose millions in damages Reuter NEW YORK More than three years after the bombing of Pan Am Right 103 over Lockerbie, Scotland, a trial opens in New York today to determine whether the defunct US airline is liable because
      Reuter  -  563 words
    • Article
      Lock icon Strike by telecom workers creates chaos in Colombia
      316 48 AP CUCUTA, Colombia A strike which cut Colombia's long-distance telephone service has debilitated exporters, banks, hotels, airlines, the news media and the diplomatic corps. Millions of dollars in losses and inconvenience are the price Colombians are paying for last week's sabotage against
      AP  -  316 words
    • Article
      Lock icon AT&T starts direct service to Vietnam
      243 48 UPI SAN FRANCISCO American Telephone and Telegraph Inc announced last Friday it had received permission from the federal government to begin direct phone service with Vietnam. The long distance carrier said the service costing US$2.9l (554.80) per minute during the evening hours would begin
      UPI  -  243 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      10 29 ay mFor advertising enquiries, contact Shipping 7 imes. Tel 740-20X9/740-2090.
      10 words
    • Advertisement
      Page 29 Advertisements Column 2
      135 29 THE SPECIALISTIft Wire Rope Sfings e Lashing at Materials IM Lining Ebavailasu^^ ENTEKMAKINE SUPPLY 00. (PTK) LBk TEL»—I(HJ«)TU:»CCO WMMfAKMMin Coctett Report 2 Container Schedule 17 Daily 18 Indet 1 Shipping Guide 10,11 SNps in Port 17 Singapore Tides 17 Transport Diary 18 Weather and Sea Condrtwns 17 v 'in <
      135 words
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      Page 30 Advertisements Column 1
      89 30 FOR SUCCESSFUL MANAGEMENT OF j 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
      89 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2446 31 lOOCL (S) PTE LTD JAROINE SHIPPING AGENCIES \ll Vfr BOOKINGS TEL: *****34 *****58 K TERMINAL/CFS TEL: *****18 220 F ***** 'I PESAKA JAROINE SHIPPING AGENCIEB SDN. BHO. L Vftftr A PORT KELANG TEL *****18 FAX: *****91 *****88 A A rt 0 T~~ PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
      2,446 words
    • Advertisement
      Page 31 Advertisements Column 2
      1281 31 Find out how sellers are reaching out i I to buyers in Advertising and Marketing. Every Thursday in BT /U UNITED ARAB SHIPPING (SAG/I VSI/VOY I SfT" NYC BAL ORf SAV aTsMW Ihi i/« 4/1 »/i H IMtfl I tl/l IW }J/« JJ/» it nrnnf" *1 I s<i u/' l*/'
      1,281 words
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      Page 31 Advertisements Column 3
      1336 31 ■BMimiii NEXT SAILING TO EUROPE LINDOE IMAERSK V 9206 ETA SIN 29/4/92 CARDIGAN BAY VS36I ETA SIN 2/5/92 Vmml Voy ETA ETD Feeder by DESTINATIONS Cap* Bonavtcta/ Aries This wee* Louis Maerafc 9206 CY 26/4 0800 HRS CFS 27/4 2359 HRS Ketang Ponarjg OAK LQB HOU MEM ATI MIA CHS
      1,336 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1285 32 TFdamTT VOY NO S PORE JEDDAH SHAMTON H BURG ANT LE HARVE IbiSiUi TOKIO EXPRESS 05/117 30/4 9/5 23/5 19/5 10/5 1. Ml WESTBOUND LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 PORT KELANG 1 PEMANG KATSURAGI 11/118 7/5 16/5 30/5 26/5 25/5 CARGO TO UK/CONTMNT THAMES 11/318 10/5 27/5
      1,285 words
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      Page 32 Advertisements Column 2
      653 32 «KA«»AC SEW VICE CONTAINEHS ft MIAKUM L DIRECT SOUTH PACFIC SERVICE M SIN NOU SUV PPT II IJ BONTANG 3507E8 27/4 10/5 13/5 17/5 I JANIKA II 3GOIEB 27-30/5 11/6 14/6 20/6 I Transtl Time l____J|l3) (16) (22) I I ALSO ACCCPIMG CARGO VIA SUVA 10 IAUTOKA. PAGO PAGO. I
      653 words
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      Page 32 Advertisements Column 3
      1522 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE Wl/VOY SRI JU.G BCI MJUI BRE «0T ANT FEE IHA (VIA (VW <*W ALG) HAM) AOT) NORASIA AL MANSOORAH 9205-3 28/04 18/05 22/05 23/05 24/05 25/05 26/05 27/05 28/05 N. SUN 9209-3 03/05 24/05 25/05 26/05 27/05 28/05 29/05 30/05 31/05 N.
      1,522 words
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      1606 33 |W m STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fay: *****17 ACCEPTS «I SAIS CMGO SPORE BKOK MMH BROOKE ¥106 Muara. lib. KR 27-2« Apr 8¥ ESIEBRUGGE V OSN 05 06 MA* W-10 MAY STRAITS STAR VOCE Muara. S*an, Taw 01-02 May
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      1475 33 Wv t SINGAPORE AGENT: ljjpy\ An 4-n|fipt*c PAO Containers (Singapore Agencies) Re Ltd X OkV/ ViUlilCllliCl d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 WF I.: w Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 fr •> W- ,5 W CR Number: **********0Z
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      618 34 CR NBR **********0-D I EXPRESS SEMI CONTAINERSHIP SERVICES I TO EUROPE I; VSL VOY S'PORE ROAM ADAM H BURG BRIMtN ANTWERP I Y SRfMIIAYA, 34W8 27 5 2/6 7/6 10/6 14/6 11 KUTAI »*b is/S 8/; 13/7 17/7 20/7 I■ c FAST TRANSIT TIME II ACCEPTING BREAKBUUC/CONTAJNERtSCD CARGO I «üb)«ct
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      1126 34 (g) HANJIN SHIPPING W Mill ia OAK fOR m SM lIK HAUL Ml Ul PC c r ?4/5 ?/'5 HAIUN OCJH 0111 28 4/« 5/« 7/1 W* KHSSy ,0/s OKCT 31 '5 i 6 HAIUN KMAGYARS O<K 4/5 HI NY 04CI U/« 12/« 14/J ?*ggy* 10 6 harjn KUNSAM 0?«
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      1160 34 i ll a I iI i I■l —H -H i i OMT Mtu a/4 a/4 */5 "i/s u/s u/s IVS u/i a/s u/» u/s W* an w JJ/J n/7 a/j I i SSw «4j; in 11/s 11/s is/s u/s u/s n/s tin a/s an s/i wt u/j a/4 i/» J/J
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      1608 35 J 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 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 SERVICE *****87. Penang-<O4) *****0. J.Bahru-<O7) *****2/3/4 Ja^artM^^^'s/BPSurabaya (31) *****2/546, Semarang (24)
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      Page 35 Advertisements Column 2
      1112 35 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 EASTBOUNO—DISCHARGING WESTBOUW-LOAMNG TMHSHWEP Vl* ROTTERDAM wsgis g IS
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      1328 36 K 4 4-W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) TEL: *****77 TELEX: KAWAKIRS23I6S FAX: I I |\l |4 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD JL Wk. MmJM JL X MU TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■■■■I KAWASAKI KISEN KAISHA, LTD INDONESIA:
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      Page 36 Advertisements Column 2
      1136 36 PHILI-ORICNT UN€S PT€ LTD <4"1 f W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76 *****38 QnO BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE} 30 APR SYDNEY.
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      2035 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSS* V M 81l 140 Cecil street > #03-00 PIL Building, Singapore 0106. Tel: *****33 IJAKARTA 1 [RAMftKOK I VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN SRISAMUT (THAI FLAG) SRS2IS 28/4 1/5 5/5 KOTA INOAH 201 17/5 1«/5 2«/5 EQUATOR CRYSTAL SBN
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      Page 37 Advertisements Column 2
      707 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL PENANG PKELANG OCEAN VSL/VOY SIN SOU(1) RTM (2) HAM (3) GOT (4) ANSON/TBN 24/4 25/4 SELANDIA 2162 28/4 15/5 17/5 18'5 20/5 ANSON/TBN 1/5 2/5 BEN ALDER 2172 5/5 22/5 24/5 25/5 27/5 ANSON /TBN 8/5 9/5 TOY AM A 2182
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      Page 37 Advertisements Column 3
      260 37 M MYANMA UHflfe FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdf MR GUI VII 3 In M PAGAN VIS2W 4/ 7 May HPA-AN VI77W 11/14 Hi) SfSS THE BANK LINE (A $e'*ke of Andre* Wer Shtpptfij) SEMI-CONTAINER SERVICE W HEAVY UFT CAPABIITY I
      260 words
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      2413 40 Conventional Semi-Container Full Container finer Services Liner Services kblaysia's Agents: Mooesio's Ageits. martttma I I Qujn ditttt Shipping Sdti Bhd Chmng Chime Shipping Sdn BM P.T. fibM fMn ktoomtstm snmltoftx Booking Agents: ?m 'ZX?"" Yick Fung Shipping S 'ZXXL. Enterprise Co Ltd msjsim huc euMnq/,5 oo miums/Mmi 62 Cecil Street
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      Page 40 Advertisements Column 2
      321 40 SAMUOIM MDONESU (S) PIE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 Total: R*****0 Tat: *****81-3 Fax: 225 4939. *****36 FOR BOOKMQS CALL DIRECT LINE TEL: *****41/2222M3 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 958 IN PT 29/04 (WED) DERAJAT 979 IN PT 29/04 (WED) MERKUR DELTA 920 28/04
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      610 41 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GUARANTEED 3 TIMES SAILING WEEKLY LGL SERVICES FROM KOBE OSAKA TO SINGAPORE VESSEL NAME VOY NO EX KOBE EX OSAKA ETA SIN ACX LILY 23A 23/04 24/04 02/05 ACX LILAC 4A 27/04 28/04 05/05
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      797 41 SS RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UnM) m FAX: *****15/*****03 09 TELEX: R8 ***** RWHIP (3 Lin—) ETHWPIAN AMPPiIE IIS Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |vOY ETA LOACMNG FOR SPORE BYOI 28WB In PI DARESSALAAM MOMBASA OJtBOUTI ASSAB. MASSAWA MFTSANET 26wi
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      820 41 lAKARTA BANGKOK vor m en, vot wouwk BENIA BHUM 31S tt/04 02/05 VIA BHUM*# 02* I" 27/04 lIM 30/04 NMM bhum 139S o£_os 05/05 MRU BHUM 17N **4 »/04 §*1 «/05_ MNIA BMM 32S 06/05 09/05 25? Th» 30/04 *5 1 aMWA OIR fn 01/05 04/05 SEMARANO/SURABAYA MAHA BHUM# 106R
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      1349 42 ii I S'PORE IMPORT: *****11 jj PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 i P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAWWjP PORTS 1 COLOMBO'S. AFRICA PEN PK SIN PEN PK SIN Colomso 27/4 28/4 29/4 30/4 1/5 2/5 Ldn/Fli/Rdm/Ant Durban/Pt Louis 27/4
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      282 42 BLUE STAR LINE TO FROM d; NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN lit ML ITI SIN PROSPICI ISS 4/5 16/5 VIA NPI IS 5 4/C W STAR 1519 13/5 25/5 VIA NPI 27/5 13/6 PR! Mil R 18S 27/5 S/6 VIA NPt 10/
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      1117 42 THONG SOON LINES PTE. LTD. Mi 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 CQHVgIiTIOWAL/COWTAINER CQWT VHIB WtVP**** SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor lEH IOEST VESSEL VOT SPMI
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      775 43 oni|P|MMg Aimvo, iTiv»iwwj I Vg« DE VAPORES I "PERUVIAN STATF LINE" I ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM I CM. LAO, MAT ARAN, 10* I OTHER PERUVIAN PORTS* I WITH T/S AT KOBE ON CPV THROUGH BR.L OF LADMG. VA "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBUIK/SOC CARGOES TO/FROM KOBE,
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      478 43 czjl MEE3I N.AMERICA/CARRIBEAN SERVICES KSSL DOT SM WNW HOT LU ISI U» WC HI jihmm Ja~ t/s "Muract if u/i_ Utf_ BLS_ ZM STOUT I?7E 4/5 muMmti Iff 4/4 13/4 1/7* 19/t 21/ i. m AitmnitA ?tt 11/5 m savmwah in it/* 25/4 nn 3/; ZmtißOWtblM ll«/> bIMItMOMH m llt/4
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      518 43 MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH. DOHA MOSCAI BAHRAIN ABU DtiABI BANDAR ABBAS It DO A) I FAR EAST ACCEPTING FCL/LCL PtNANf. PKELANG lAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANHA KORIA V UK/EUROPE ACCEPTING FCL/LCL lONDON HtIXSTOWI IfFOS. I* BURY ABfROfEN IF HARVt HAMBURG ROIIIRDAM ANTWfP GOIHfNBURG (OPfNHAI.TN J
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      Page 43 Advertisements Column 4
      454 43 SMI MONTHLY DIRECT CONTAINER SERVICE I SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA I #SL TBM ETA SIM 30 APRIL I TWICE WEEKLY CONTAINER SERVICE I SIN/MADRAS/SIN WITH TRANSHIPMENT TO: 1 (LSEAH/AUSTRALIA/FAR EAST/MEDITERRAHEAIMEUROPE I WEEKLY CONVENTIONAL SERVICE I I SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE j
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      Page 43 Advertisements Column 5
      464 43 SIN FM EAST 03/5 KEELUNG/KAOHSIUNG 29/4 BANGKOK 30/4 MANILA/CEBU 3/5 JAKARTA/BELAWAN/SURABAYA 3/5 PORT KELANG/PENANG/E. Malaysia 4/5 BUSAN 03/5 TOKYO/YOKO/KOBE/NGO/OSA 03/5 HONG KONG S|N 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/Roumama/Poland/Bulgaria/Czech. SIN MSA/CANADA 3/5 LO.S
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      835 44 e/7 FIL CONTAINER SERVICES PTE LTD r/L MADRAS CALCUnA VSL SIN/MADRAS VSL SIN/CALCUTTA SH IMA SM SM CM. SW Mill MM.MM 27 2«/0« OJOVOS 1112/05 MEHI MMMU 21-21/04 1101 05 07M/05 7930/04 MM 05 14 15/05 24 25/04 01 05 05 H 12/05 04 05/05 10 12/05 11-H/05 04-05/05 11
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      430 44 EontermJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 30 APRIL BANGKOK 5 May FREMANTLE 30 April EUROPE 3 May GOTHENBURG 10 May PENANG 4 May PORT KELANG 4 May JAKARTA 28 April MELBOURNE 30 April SYDNEY 30 April *****633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****53
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      Page 44 Advertisements Column 3
      526 44 This Week's Sailings j I I I I ETD I lo Singapore Singapore ,Rotterdam ft m Bangkok 03.05.92 Antwerp 02.05.92 Los Angeles J/§ BMBlg Manila 01.05.92 (Onforwarding wfel To Mid West/ 02.05.92 *-11 >9 04 92 East Coast Wt'' '*9 Colombo 29.im.vz Of USA) T 1110* i Tel: Fax: c»ihr>n««/
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      Page 44 Advertisements Column 4
      432 44 WE ARE NOW AT: 10 ANBON ROAD #16-22 INTERNATIONAL PLAZA SINGAPORE 0207 OUR TELECOMMUNICATION NUMBERS > REMAIN UNCHANGED AS FOLLOWS: TEL: *****66 FAX: *****24 TELEX: R*****5 CELSP CHINESE-POLISH I IHHk JOINT STOCK SHIPPING CO I I SM I LUBAN V 49 25/4 CASABLANCA I POKOI V.26 4/5 HAMBUK/ROTTOHMM/AffTWRP/GOYNM I KARLOMCZ
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      9 45 Managers must manage. BT shows you how every Monday.
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      120 45 Vpc OcOc O Oc OcvQc V PREMIER CARRIER > j JIKUI. REUABLE SERVICES Q j o COMPETITIVE RATES o j 2 3 BARGES OPEMTION TMLORWG TO YOUR NEEDS Q; 0 V a ENQUIRY BOOKING: A. Q V *****01 Ulk > S*HHHBZEna*O V WEEKLY CONSOLIDATION SERVICES TO EUROPE, USA AND FAB
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  • Page 45 Miscellaneous
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      499 45 TIDES AND WEATHER mmmm ~tn m WW "M—whphiii l > iTm »i nfi nwi n »iwin i rTwrftiWTMnilftrrillttr *trT*T*'lrfTlHlT*lrTTm*'* M M< l l M IIM TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 o*oo 0500 0600 0700 0100 0900 ******************** *****600 **********00 2000 2100 2200 23P0 JR 15
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      252 46 ul«w -^€§t ;i. ■ESSfl' s 4 j«tllplx •.•.4Hs KFfe -Sg i :i*®«s£sr~ BNi»I i;filS Nm Ms, Qrttoe ■HH wii# rhofc t ißi.ii|i>^> H»| ttMNDS U'«~ i**, la**#. v guiiiiwi, inii, u Hw. iwi» ftn, tat, totta** Eikl/ii--Mlafp<^ inN*:S 1 AfltKJtlUJgjgM* B||tYM 2M»M*3SWW* m JI i iniiilw. m*n KmWW mm totem
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      Page 46 Advertisements Column 2
      379 46 Don't miss Personal Finance Investment in Business Times every Saturday J$L COSCO ukc cowvtwnowAL service VESSEL PKL PNG P.O. LOADING FOR: VESSEL 28/04 Rotterdam/Antwerp CHINA COWVEWTIOWAL ggg VESSEL PKL PNG P.O. LOADING FOB: TRANS ASEAN 15/04 20/04 Muanflpu/Ouanozhou coaco FULL CONTAINER Wimctl (FCL/FCL) EXPORT TO: CHMA/WANOKOK/HONOKONO EUROPE/CONTINENT AL WEST MEDITERRANEAN
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      Page 46 Advertisements Column 3
      380 46 mnYiamoiEiiOfi^bm -V- \z BEIJING• CHANGCHUN• CHANGSHA flllT V" T If/ m 1 V V CHENGDU# CHONGQING •FUZHOU Ll■ 1% I V II 1/ V f \GUIUN HARBIN HUMMING XIAN II ml LJ 14 >■ H I NANNING• QUANZHOU• SHEKDU II m| A |m /I ■I I SHENYANG SHENZHEN WUHAN JlilJ
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      10 46 Managers must manage. Business Times shows you how every Monday.
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      998 47 Z_ HYUNDAI MERCHANT MARINE CO. LTD■ VIA FEEDER PACIFIC SOUTH-WEST SERVICE PWA* PKE* 1 PCD* TO USA VOY KAO LBH OAK D*l/HOU CW SIU IWC 28/04 ?2/04 24/04 01/05 H. INNOVATOR 49C M/ 05 25/05 21/05 2S/05 29/05 29/05 31/05 205 29 04 01/05 08 05 H EXPLORER 4tt 15/05
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      Page 47 Advertisements Column 2
      564 47 P/yJUML-fWlTTffWWiiJfSßlffi I SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSELS I I VESSEL W 9 IK M I I MOMOSMU HAM < SID IW I I SEA I CEIAI M w I I COSMC MASTER I SB I I kucia in w/' 1 I CMIW 7 ■PT I I
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      Page 47 Advertisements Column 3
      968 47 EXPORT TO: JEDDAH/UK/CONTINEKT I STORE Id S TON HBURG ROAM LEH Abo Acctplini c«|« F»: 10*10 HPRESS *#5/117 30/4 9/5 23/5 19/5 11/5 lottadjm lo Antmrp Anntedam. o*. UMRKUSEN EIPRESS Vl6/317 4/5 21/5 23/5 26/5 27/5 Swllunpta. to MIX dttowliw B«M«st md** IMISURAGI Vll/111 7/5 16/5 30/5 26/5 25/5 Rottwdam
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      88 48 Every Saturday in Business Times tOR BITS AND BYIES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary
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      Page 48 Advertisements Column 2
      50 48 Every Saturday in Business Times Jj j|§ Enquiries -M, Welcome Shipping Services J INDONESIAN STEVEDORE PORT SERVICES For all Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE I M?M? Y *****94
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