The Business Times, 4 May 1992

Microfilm: NL18201
Total Pages: 104
1 104 The Business Times
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  • Title Section
    Masthead
    19 1 Business Times HIE Hi SI ESS PAPER FOR S I. ASIA MITA (P) 35/12/91 Monday, May 4, 1992 75"
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  • NEWS SUMMARY
    • Article
      Japanese, Russian ministers discuss aid and Kuriles row
      61 1 MOSCOW Visiting Japanese Foreign Minister Michio Watanabe met his Russian counterpart, Andrei Kozyrev, yesterday to discuss financial aid and the unresolved dispute over the Kurile Islands, news agencies reported. Mr Kozyrev was quoted as saying that the visit "marked an important stage
      61 words
    • Article
      Talk off widening nuclear arms pact
      58 1 MOSCOW The US and Russia have discussed adding Ukraine, Belarus and Kazakhstan as signatories to the Strategic Arms Reduction Treaty (Start). The Russian Foreign Ministry said yesterday that US Secretary of State James Baker and Russian Foreign Minister Andrei Kozyrev had discussed broadening the
      58 words
    • Article
      Russian team coming
      29 1 THE Russian Federation is making its first move to boost trade and investment ties with Singapore by sending a 20membcr delegation here in July Page 2
      29 words
    • Article
      Laos woos investors
      27 1 TINY landlocked Laos is making progress in attracting foreign investors, with more than US$B5.2 million (*****.6 million) pledged in investment last year Page 8
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    • Article
      Exports boost sales
      26 1 JAPAN'S exports of petrochemical products such as plastics are on the increase, mainly because of rising demand from other Asian countries Page 9
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    • Article
      Pyongyang's dilemma
      34 1 FACED with the collapse of most of the socialist world and economic chaos at home, Pyongyang's leaders have to determine whether they can reform their Stalinist system and still rule Page 11
      34 words
    • Article
      The competitive Edge
      39 1 FOUR people in their 40s have set up a company in a brash, young industry based on young, raw talent. Called Expert Edge, this Silicon Valley company is attracting the attention of venture capitalists Page 12
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    • Article
      Project completed
      29 1 SEMBAWANG Engineering Pte Ltd, a subsidiary of listed Sembawang Shipyard, has successfully completed a S4O million offshore project for a Qatar oil company. Shipping Times Page I
      29 words
  • MARKETS SUMMARY
    • Article
      Keppel expansion
      30 1 KEPPEL CORP is planning to expand its shiprepairing facilities in Tuas through a multi-million-dollar programme because it expects the demand for such services to remain strong Page 3
      30 words
    • Article
      SIA confirms bid
      48 1 SINGAPORE AIRLINES has formally confirmed that it put in a bid for Qantas last Thursday the closing day for nonbinding indicative bids for 49 per cent of Qantas and 100 per cent of Australian Airlines for sale under the Aussie government's privatisation programme Page 4
      48 words
    • Article
      Carter shares soar
      37 1 VIRTUALLY alone among New Zealand blue chips. Carter Holt Harvey Ltd's share price has soared recently following a weighty NZ$4OO million (***** million) rights issue that helped boost confidence in the company Page 4
      37 words
    • Article
      0&Y: time running out
      42 1 CREDITORS of Olympia and York (O&Y) found themselves faced with a bleak choice over the weekend between handing over yet more money to the debt-burdened Canadian property giant or pressing it to seek court bankruptcy protection Page 5
      42 words
    • Article
      Labuan banks doing well
      36 1 OFFSHORE BANKS in the Malaysian federal territory of Labuan have been reporting good business and encouraging prospects since the island was made an International Offshore Financial Centre in October 1990 Page 6
      36 words
    • Article
      Warding off Lloyds' bid
      42 1 LLOYDS BANK may close more of its own branches than those of Midland if it succeeds in buying its UK rival, says Brian Pearse, Midland's chief executive, in a move to ward off Lloyds' takeover proposals Page 7
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    • Article, Illustration
      STOCK INDICES
      20 1 Friday Change Tokyo 17,303.39 -87.32 Hongkong 5.484.21 114.64 Sydney 1.665.9 +10 New York 3,336.09 -23.03 London 2.659.8 +5.7
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6540 100 Yen SS 1.2380 MS SS 0.6540 Money martwt rates Overnight 3 3/8 unch 3-montn 3 1/4 unch
      24 words
  • Article
    Malaysia's top palm oil refiner shuts Johor plant
    558 1  -  Nalin's credit crunch highlights problems facing industry From Leslie Lopez in KUALA LUMPUR WORSENING refining margins and futures contract positions gone awry have squeezed Malaysia's top palm oil refiner Nalin Industries Sdn Bhd into a liquidity crunch, forcing it to temporarily shut
    558 words
  • Article
    Lock icon ADB meeting opens today with central Asia the main focus
    304 1 AFP HONGKONG The annual meeting of the Asian Development Bank opens here today, dominated by the need for billions of dollars in fresh capital and the question of aid to the former Soviet republics of Central Asia. Also looming on
    AFP  -  304 words
  • Article, Illustration
    Taiwan's Wang named Asia's Finance Minister of the Year
    312 1  -  From Rajendra Bajpai in HONGKONG TAIWAN'S Finance Minister Wang Chien-shien has been awarded the title of Asia's Finance Minister of the Year by a leading financial magazine. But the man who is much in demand by international bankers at a key
    312 words
  • Article
    Lock icon Jakarta bans mass gatherings ahead of elections
    218 1 AFP JAKARTA Indonesia has banned mass gatherings as a security precaution until one week after parliamentary elections set for June, the Suara Pembaruan newspaper reported yesterday. Campaigning for the elections. on June 9, is allowed to begin this week. "The ban is for
    AFP  -  218 words
  • Article
    Lock icon Taipei planning McDonnell Douglas deal
    125 1 AFP TAIPEI The Taiwan government has agreed to invest US$6OO million (Ss99o million) in Taiwan Aerospace Corp's (TAC) bid to buy a stake in US plane maker McDonnell Douglas, the United Daily News reported yesterday. "The investment sum will be from the cabinet's development fund
    AFP  -  125 words
  • Article
    Banking '92 supplement
    122 1 TODAVs Business Times contains the bumper, 56-page Banking, Finance and Insurance *92 supplement. The theme of this year's supplement is "Managing the tiger" which focuses on the unprecedented growth in Asia's banking and financial sen ices sector. This has created pressures on the region's regulators as they
    122 words
  • Article
    Malayan Credit advises its shareholders not to sell out yet
    503 1  -  By Quak Hiang Whai SINGAPORE Property group Malayan Credit Ltd, under threat of being taken over by the eombined forces of Cycle Carriage Ltd and Hotel Properties Ltd, has urged its shareholders not to sell out before the company announces
    503 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      219 1 i" XumM kampooli (Cround floor) Singapore /Jf I el: 336-1381 U Aircraft Schedule 27 KLSE 23 TV Radio 18 The Arts 19 Market Reviews 24 Weather 27 Commodities 26 Money Changer Rates 27 World News 9.10 Company News 3.4.5 Money Market 25 Cryptic Crossword 27 Regional News 8 Enterprise Mgt
      219 words
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      Page 1 Advertisements Column 2
      16 1 Initiatives for Asia, Pg 16 Surge in German rates boosts yen's role in ADB, Pg 25
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      Page 1 Advertisements Column 3
      76 1 Taiwan to hold talks with US to avert sanctions, Pg 9 Naturally enthusiastic. Aboard Japan Airlines, you quickly sense a genuine who encounter the refreshing hospitality of JAL once, do so enthusiasm on the part of the in-flight crew. It's easy to see again and again. Welcome aboard Japan Airlines.
      76 words
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      Page 1 Advertisements Column 4
      13 1 There's no place like home with Dulux. THE WORLD S NO 1 PAINT
      13 words
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        NTUC steps up recruitment drive
        41 2 THE National Trades Union Congress hopes to recruit some 30,000 members in its membership drive this year. Recruitment Committee chairman Yu-Foo Vee Shoon said that workers in small and medium-sized concerns would be the main target.
        41 words
      • Article
        More general branches for unions
        45 2 TRADE UNIONS are to establish general branches which non-unionised employees can join as members. NTUC Deputy Secretary-General Goh Chee Wee said on Saturday that the general branches would be a significant breakthrough in the NTUC's efforts to increase its membership.
        45 words
      • Article
        Safra resort sponsorship drive
        48 2 PRIME MINISTER Goh Chok Tong, who has agreed to be the patron of the Safra Resort Country Club, will be the guest of honour at a ceremony on Friday at which a sponsorship drive will be launched to encourage companies to support the club.
        48 words
      • Article
        Social role for Islamic teachers
        61 2 THE ASSOCIATION of Muslim Professionals (AMP) has begun a programme to train Islamic religious teachers to tackle social problems affecting the community. AMP acting chairman Yang Razali Kassim said last Saturday that plans include setting up a multi-purpose crisis centre to counsel Malays in need,
        61 words
    • Article, Illustration
      D&C building six bungalows at Swiss Club Rd
      266 2  -  Total cost of project estimated at $20m By Sylvia Wong SIX modernistic bungalows, like this one, will replace the two colonial bungalows now standing at Swiss Club Road. The land on which the colonial bungalows stand was sold to D&C Pte Ltd,
      266 words
    • Article
      Russian trade team to take part in S'pore seminar
      284 2  -  By S N Vasuki THE Russian Federation is making its first move to boost trade and investment ties with Singapore by sending a 20-member delegation here in July. The Russians will take part in a seminar to be organised in conjunction
      284 words
    • Article, Illustration
      EXECUTIVE MOVES
      396 2 BRUCE ADAMS has been appointed South Asia Regional Manager at The Chase Manhattan Private Bank, based in Singapore. Mr Adams was president of Chase Bank International Miami where he had responsibility for managing the Private Bank International office there. Mr Adams holds a Bachelor of Science degree in
      396 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      369 2 SURVIVING THE NEXT MILLENNIUM GlobaSsation. Inforniafon Technology. Hie Bordetless Martetplace. These are the major issues that challenge the fundamentals of how businesses are run. In this world of rapid changes, adaptability is the key to survival. Reengineering the way you do business now becomes more vital than ever before. In
      369 words
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      Page 2 Advertisements Column 2
      9 2 Computer models show Russia may face catastrophe, Pg 10
      9 words
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      Page 2 Advertisements Column 3
      192 2 REENGINEERING FORUM SINGAPORE When: Friday, 22 May 1992 9:00 am 1:00 pm (Registration is between 8:30 —9:00 am) Where: Pan Pacific Hotel Gateway Room, Level 2 7 Raffles Boulevard Marina Square, Singapore 0103 Who Should Attend: Senior Executives and Decision Makers How to Registen Fill out the form below or
      192 words
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  • COMPANY NEWS 1
    • Article
      Keppel plans to expand Tuas ship repairing facilities
      639 3  -  Reports by Rahita Elias SINGAPORE Keppel Corp is planning to expand its ship repairing facilities in Tuas through a multi-million dollar programme beeause it expects the demand for sueh services to remain strong. In the eorporation's 1991 annual report, chairman Sim Kee
      639 words
    • Article
      Regional focus to continue, roots to remain in S'pore
      275 3 HOME-GROWN conglomerate Keppel Corp Ltd will continue to pursue a regional expansion strategy but its core businesses and interests will remain rooted in Singapore. Chairman Sim Kee Boon disclosed the strategy in Keppel's 1991 annual report when he outlined the group's
      275 words
    • Article
      Lock icon IJM Corp to expand further in new overseas markets
      324 3 Bernama PETALING JAYA IJM Corporation Bhd plans to continue to exploit other new overseas markets for its construction and property development projects this year, says managing director Goh Chye Keat. Speaking to reporters after the company's annual general meeting here, he
      Bernama  -  324 words
    • COMPANY BRIEFS
      • Article
        OYL plans to invest US$2m in China tie-up
        81 3 KUALA LUMPUR OYL Industries has proposed to invest US$2 million (553.3 million) in a joint venture with Hongkong and Chinese firms to manufaeture air-conditioners and accessories in China. OYL will have a 40 per cent stake in a joint venture company, Shenzhen
        81 words
      • Article
        Ajinomoto (M) optimistic
        54 3 KUALA LUMPUR Ajinomoto (M) is confident of achieving satisfactory growth in the current year with the implementation ol various control measures. Chairman Tunku Mohamed Tunku Besar Burhanuddin in his latest annual statement said the company would continue to promote diversification of its products by investing in both
        54 words
      • Article
        Killinghall pre-tax profit up 5pc
        72 3 KUALA LUMPUR Killinghall (Malaysia) has reported a 5 per cent increase in group pre-tax profit to MS 15.28 million (559.99 million) for the year ended Dec 31. 1991, from MS 14.6 million previously. After-tax profit rose from M 58.37 million to M 59.4 million. Earnings
        72 words
      • Article
        Tronoh Mines profit falls
        77 3 KUALA LUMPUR Tronoh Mines Malaysia has posted a 22.9 per cent drop in pre-tax profit to M 517.1 million (SS 11.18 million) for the year ended Jan 31, 1992. After-tax profit amounted to M$ 10.57 million against M$ 14.56 million before. Investment and other income was
        77 words
    • COMPANY BRIEFS
      • Article
        Sumitomo gets Indon power plant contract
        93 4 JAKARTA Indonesia has awarded the construction of a US$225 million (*****.25 million) steam and gas power plant in central Java to Japan's Sumitomo Ltd, the daily Bisnis Indonesia said here this weekend. Bisnis said the 300 megawatt Tambak Lorok steam and gas power plant
        93 words
      • Article
        Marubeni, Norsk, Total in tie-up
        94 4 TOKYO Japanese trading house Marubeni Corp and Norway's Norsk Hydro have agreed with Total SA to join in the French firm's oil exploration project off the south coast of Vietnam, a Marubeni spokesman said. Marubeni and Norsk will jointly own about 20 per cent of
        94 words
      • Article
        McDonald's reopens in Taipei
        76 4 TAIPEI McDonald's reopened 11 of its 57 outlets inTaiwan yesterday, four days after they were forced to close by bomb blasts. The remaining McDonald's outlets would reopen in the next 10 days or so after police complete security checks and security devices are installed. A police
        76 words
      • Article
        Ayala pays 1.7b pesos in taxes
        63 4 MANILA Real-estate based conglomerate Ayala Corp said it paid 1.7 billion pesos (SSIO2 million) in taxes in 1991, up from 1.4 billion pesos in 1990. The Bank of Philippine Islands (BPI) accounted for the biggest tax of 726.3 million pesos among Ayala's 13 subsidiaries.
        63 words
    • Article
      SIA, BA only two serious bidders left for Qantas stake
      451 4  -  From Florence Chong in SYDNEY SINGAPORE AIRLINES has formally confirmed that it put in a bid for Qantas on Thursday the closing day for non-binding indicative bids for 49 per cent of Qantas and 100 per cent of Australian Airlines
      451 words
    • Article, Illustration
      Lock icon Shares of NZ's Carter soar as management changes
      420 4 Analysts say price is near top of short-term range Reuter AUCKLAND Virtually alone among New Zealand blue chips, Carter Holt Harvey Ltd's (CHH's) share price has soared recently following a weighty NZ$4OO million (***** million) rights issue that helped boost confidence in
      Reuter; Source: Buttle Wilson  -  420 words
    • Article, Illustration
      Lock icon Mitsubishi still waiting to recoup RGI investment
      407 4 Nikkei Weekly TOKYO Two years after Mitsubishi Estate Co bought a controlling interest in America's Rockefeller Group Inc (RGI), the debate on whether Mitsubishi will ever recoup its investment is still going on. But the property giant's timing could hardly have been worse.
      Nikkei Weekly  -  407 words
    • Article
      Lock icon New Korean index reflects broad-based trade
      219 4 Reuter SEOUL The broaderbased stodt index just mtroKorea Stock Exchange (KsE) "reflects a growth in trade in lower-capi-talisation shares that the Korea Composite Stock Index (KCSI), weighted for market capitalisation, cannot. The Adjusted Price Average index introduced on Friday is calculated by averaging the
      Reuter  -  219 words
    • Article
      Lock icon Cheung Kong makes first move into China
      214 4 South China Morning Post HONGKONG Cheung Kong, the flagship of Li Kashing, is making its first investment in China through a joint venture with mainland firms. The increase in its stake in Pacific Concord last week has highlighted Cheung Kong's ambition in the
      South China Morning Post  -  214 words
    • Article
      Lock icon O&Y in critical weekend talks
      501 5 Time may be running out for Canadian property giant Reuter LONDON Creditors of Olympia and York (O&Y) found themselves faced with a bleak choice over the weekend between handing over yet more money to the debtburdened Canadian property giant or pressing it to seek court
      Reuter  -  501 words
    • Article
      Lock icon Big GPA shareholders to help stabilise float
      406 5 Reuter DUBLIN Major shareholders in GPA Group pic have agreed to retain most of their shares in the first year after the world's largest aircraft leasing firm stages a multi-billion dollar global flotation in June. GPA, whose market capitalisation should be at least
      Reuter  -  406 words
    • COMPANY BRIEFS
      • Article
        Polly Peck float may be delayed
        39 5 LONDON Poor results at US fresh fruit company Chiquita Brands International Inc have hit plans for an early part-flotation of Polly Peck International pic's PPI Del Monte, sources close to Polly Peck said.
        39 words
      • Article
        Severance pay of US$15.8m
        46 5 NEW YORK Nicholas J Nicholas might have been forced out as co-chief executive of Time Warner Inc, but he won't walk away empty-handed. He received USsslB.7 million (5530.8 million) in compensation for 1991, including US$l5.B million in severance pay, the company said.
        46 words
      • Article
        Net profits at ENI halved
        35 5 ROME ENI, the Italian state energy and chemicals group, saw consolidated net profits halved in 1991, falling to 1,081 billion lire (Ssl.7 billion) from 2,072 billion lire the previous year.
        35 words
      • Article
        Macy closing some stores
        67 5 NEW YORK RH Macy and Co, a leader of the US department store industry, is considering closing 15 to 30 of its stores as part of its bankrupcty reorganisation, Crain s New York Business reported in its May 4-10 edition. It said Macy's executives are going
        67 words
    • Article
      Lock icon BP may register its first-ever historic cost loss
      356 5 Reuter LONDON British Petroleum Co pic is expected to report another poor set of quarterly results on Thursday, but analysts are divided over whether it will register its first-ever historic cost loss. Forecasts for first quarter historic cost net income range from
      Reuter  -  356 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      46 3 The Royal Oak One of the great designs of the 20th century. And AUDEMARS PIGUET probably the next The master watchmakers. This is an offer you should sleep on. >: A^sp P*jf J^K our new class sleeper seat. Euro Class. Scandinavian Airlines. The expressway to Europe. S4S
      46 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      201 4 Ia w X I RoyAl PAIACE RESTAURANT PTE. LTD. WINSLAND HOUSE 3 Killiney Road #81-02, Singapore 0923. Fax:73B 0922 Te1:732 8787. I the great Lobsters Si PROMOTION Come, indulge in live' lobsters at our special price. can steam it, fry it, braise it or cook it But hurry, offers ft
      201 words
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      Page 4 Advertisements Column 2
      273 4 KEY PARTICIPANTS INCLUDE: ROBERT WU, Director. Office of Industrial Business Development. The Chinese University of Hong Kong lAN BUCHANAN, Regional Vice President. SRI International LEE KEEN-WHYE, Executive Director. Rothschild Ventures Asia A. LEE GILBERT, Regional Advisor for Technology Transfer. United Nations (ESCAP) FEATURES: TOM SHAO, Managing Director. Dyna Tech Development
      273 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      93 5 YOUR BUSINESS ADDRESS IN SINGAPORE CAN CONSULTANTS PTE LTD, a business management consultancy providing company representation in Asia, now often a foil xange of office services facilities in the heart of the business district Woric station units with separate telephone lines Business address and facsimile Servicing of business bade enquiries,
      93 words
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      Page 5 Advertisements Column 2
      306 5 Dummies tested it, Technicians concluded it, Reality proved it: I Sweden's safest car is a Saab. As most carmakers know, there's a limit to how far you Tangible proof of Saab's leadership in combining safety can trust a dummv. systems such as energy absorbing crumple zones, protective fl (<vn safety
      306 words
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  • FINANCIAL NEWS 1
    • SMALL CHANGE
      • Article
        UK agency investigating possible cartel
        69 6 LONDON Britain's Office of Fair Trading has confirmed that it is checking into whether London financial institutions have created a cartel by fixing fees for underwriting share issues. "We have had a scries of informal meetings with a number of institutions and firms... to get
        69 words
      • Article
        Strong April showing by gilts
        65 6 NEW YORK UK gilts posted the strongest returns in April on the back of the Conservative Party's general election victory, according to J P Morgan Securities Inc's Government Bond Index Monitor. The 4.43 per cent return on gilts as measured in local currency terms was
        65 words
      • Article
        Bush regulations moves rapped
        35 6 WASHINGTON House Banking Committee chairman Henry Gonzalez has criticised US President George Bush's moves to ease regulatory burdens, saying it panders to big business and threatens the safety of financial institutions.
        35 words
      • Article
        US and Argentina disagree
        74 6 WASHINGTON Argentina and the US seem to be at loggerheads over the source of the zero coupon bonds Buenos Aires will use to back its accord with commercial banks. Although the US Treasury said on Thursday that it would encourage Argentina to buy them in the
        74 words
    • Article
      Lock icon At least two more Chinese cities to admit foreign banks
      179 6 AFP BEIJING Foreign banks will be allowed to set up branches in at least two more Chinese cities, and may soon be allowed to do business in the Chinese currency for the first time, the China Daily said yesterday. China
      AFP  -  179 words
    • Article
      Lock icon Seven offshore banks in Labuan doing well
      488 6 Bernama KUALA LUMPUR Offshore banks in the federal territory of Labuan have been reporting good business and encouraging prospects since the island was made an international offshore financial centre in October 1990. The seven banks set up there so far have arranged and
      Bernama  -  488 words
    • Article, Illustration
      Lock icon Caymans' offshore industries healthy in spite of BCCI
      506 6 Reuter GEORGE TOWN, Cayman Islands The Cayman Islands' lucrative offshore industries are in good health, despite the near global recession and the Bank of Credit and Commerce International (BCCI), industrial leaders say. "Money and investors are still coming in to the Cayman
      Reuter  -  506 words
    • Article
      Lock icon Wall Street brokers' retail fees expected to rise
      527 6 Reuter NEW YORK Wall Street firms, seeking to recoup service costs and profit from a surge of retail interest in US stocks, are expected to tack on, or increase fees on their brokerage account customers, say analysts. Merrill Lynch and Co Inc
      Reuter  -  527 words
    • Article
      Lock icon Midland sees more Lloyds branches shut if bid succeeds
      390 7 FT LONDON Lloyds Bank may close more of its own branches than those of Midland's if it succeeds in buying its UK rival, Midland's chief executive Brian Pearse claimed yesterday. As Midland fired its first serious shots in its battle to
      FT  -  390 words
    • Article
      Lock icon HSBC recruits former UK minister to help its bid
      251 7 Reuter HONGKONG HSBC Holdings pic said it has recruited Francis Maude, a former junior British minister with experience of Hongkong and the key Department of Trade and Industry (DTI), to help its bid for Midland Bank pic. "He's got experience in
      Reuter  -  251 words
    • Article, Illustration
      Lock icon Duel between 2 different notions of banking
      1114 7 The battle for Midland But regulators hold key to future of Britain's third-largest bank The Economist LONDON On April 28, Lloyds Bank, Britain's most profitable clearer, announced a possible £3.7 billion (Sslo.B billion) bid for a struggling rival, Midland. Its bid would begin
      The Economist  -  1,114 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      234 6 REVIEW You are a Credit Manager manag- jgWM Wm ing I,soocredit accounts. Annual mm review is required of all 1,500 ac- <' counts and all you have to assist you V j I is one Credit Assistant. How can you manage? Together, we can. You, your Credit Assistant and our
      234 words
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      Page 6 Advertisements Column 2
      24 6 LKH's punt Media boom New food niche Xoh Jutui S^ 85 y/oriv baton &9Tis£w£%£t. J k ~'iX"TMr Ba W iMBM— ft IMMBiB ON SALE
      24 words
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      214 7 In 1944, the girls of Europe were introduced to Nylon, T Tnlike the first experience Because of the magnitude various customer demands, V_J European girls had with nylon in stockings. Du Pont to But nylon parachutes were used by the liberating Last year the Discovered by Pont nylon the world's
      214 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Vietnam to establish ties with Oman, UAE
        110 8 HANOI Vietnam will establish diplomatic relations with Oman and with the United Arab Emirates, the official Vietnam News Agency (VNA) said yesterday. "The UAE, the Sultanate of Oman and Vietnam have agreed to establish in the future diplomatic relations <at the embassy-level," VNA
        110 words
      • Article
        Canberra upbeat on Gatt talks
        127 8 SYDNEY Australian Trade Minister John Kerin said yesterday the Uruguay round of global trade talks will succeed despite a stalemate on farm subsidies that has pushed them well past their four-year deadline. Mr Kerin called on the General Agreement on Tariffs and Trade Director-General Arthur
        127 words
      • Article
        PNG may need aid after floods
        125 8 PORT MORESBY Papua New Guinea may be forced to ask for international aid to help up to 100,000 people affected by massive floods in the northwest, Australian Associated Press (AAP) reported. Prime Minister Rabbie Namaliu said the floods along the Sepik River might become
        125 words
      • Article
        Sabah responds to KL's rebuff
        150 8 KOTA KINABALU The Sabah government will continue to cooperate with the Federal government even if the Barisan Nasional (BN) has "closed its doors" to the Parti Bersatu Sabah (PBS), Chief Minister Datuk Joseph Pairin Kitingan said yesterday. He said it was up to the BN
        150 words
    • Article, Illustration
      Laos makes progress in wooing foreign investors
      576 8  -  More than USsBsm in investment pledged last year From Ben Davies in VIENTIANE TINY landlocked Laos, long considered one of the bastions of the communist and socialist world, is fast showing its capitalist colours. Last year, foreign investors pledged more than US$B5.2 million
      576 words
    • Article
      Lock icon Aquino's abolition of import levy derails foreign debt talks
      301 8 AFP MANILA Philippine President Corazon Aquino's own finance secretary complained that her recent abolition of a 5 per cent import levy and other new measures had derailed vital foreign debt negotiations. Finance Secretary Jesus Estanislao admitted he had returned here early
      AFP  -  301 words
    • Article
      Lock icon Manila polls run-up fails to pump money into economy
      479 8 AFP MANILA The longawaited massive spending in the run-up to next Monday's national elections in the Philippines seems to have fizzled out, much to the disappointment of many. Huge amounts of money were expected to be pumped into the economy by
      AFP  -  479 words
    • Article, Illustration
      Lock icon HK wants new governor to push for democracy
      276 8 Reuter HONGKONG Hongkong people overwhelmingly want new governor Chris Patten to push for more democracy despite firm opposition from China, according to an opinion poll published yesterday. Some 83 per cent want Mr Patten, who arrives in July, to try to speed
      Reuter  -  276 words
    • Article
      Lock icon US considering Aussie replacement for Subic facilities
      272 8 AFP SYDNEY The US is considering using Australia's bombing range near the Tindal air force base in the Northern Territory to replace facilities closed in the Philippines, US Defence Secretary Dick Cheney said here yesterday. He said in a television interview that while
      AFP  -  272 words
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      Page 8 Advertisements Column 1
      369 8 A Taste of Exotic Thailand excellent Thai and i Chinese Thai cuisine amidst i Tunk-ka's charming X surroundings. Tunk-ka offers an extensive I ala carte menu as well as jHtt I a weekend luncheon buffet at Wm m 5513.80 per person. THAI TUNK-KA THAI RESTAURANT #02-200 Marina Square 6 Raffles
      369 words
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      Page 8 Advertisements Column 2
      104 8 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.S BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
      104 words
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  • THE WORLD 1
    • Article
      Lock icon Japan posts sharp rise in export of petrochem products
      350 9 Strong Asian demand offsets sluggish domestic sales Asahi TOKYO Japan's exports of petrochemical products such as plastics are on the increase, mainly because of rising demand from other Asian countries. Exports of low-density polyethylene doubled in March to 25,500 tonnes, compared
      Asahi  -  350 words
    • Article
      Lock icon China's stockpiles of raw materials drop sharply
      375 9 Reuter BEIJING China's stockpiles of raw materials are being gobbled up in a rush to boost production, but useless output is going straight into warehouses, an official report said on Saturday. The Ministry of Materials and Equipment criticised a "blind quest" for output
      Reuter  -  375 words
    • Article
      Lock icon Report blames govt policies for Arab food deficit
      468 9 AFP ABU DHABI A persistent Arab food deficit, which has exceeded US$lOO billion (Ssl6s billion) since 1980, is worsening and an official report has blamed government policies for the problem. Although the farming sector in the 21-member Arab League is growing by
      AFP  -  468 words
    • Article, Illustration
      Lock icon Taiwan to hold talks with US in bid to avert sanctions
      375 9 Reuter TAIPEI Taiwan will hold talks with the US this month to try to avert American sanctions over the island's protection of intellectual property rights. Taipei would outline a range of measures it was taking to stamp out copyright
      Reuter  -  375 words
    • Article
      Lock icon Beri rates Taiwan as world's third safest investment site
      205 9 Reuter TAIPEI Taiwan is the world's third safest location for foreign investment, ranking behind Switzerland and Japan, the Economics Ministry has quoted a leading US business consultancy as saying. The Business Environment Risk Intelligence (Beri) consultancy rated Taiwan third in its
      Reuter  -  205 words
    • WORLD WATCH
      • Article
        Slowdown in US manufacturing growth
        99 10 NEW YORK The US manufacturing sector kept growing last month but more slowly than in the previous two months, a business group said last Friday in the latest sign the economy is recovering sluggishly. The Purchasing Managers' Index, one of the first clues to how
        99 words
      • Article
        Taiwan plans industrial zones
        101 10 TAIPEI Taiwan plans to set up a company to build a series of industrial zones around South-east Asia, providing bases for Taiwanese manufacturers operating in the region, the United Daily News said yesterday. The Industrial Zone Investment and Development Corp will have a capital of NT$2
        101 words
      • Article
        Taipei's exports to Asia up
        67 10 TAIPEI Taiwan's exports to developing countries in Asia for the first time exceeded those to the US in the first quarter of this year, the Economics Ministry said yesterday. Local exports to developing countries in Asia accounted for 29 per cent of total exports during
        67 words
      • Article
        China and S Korea sign pact
        91 10 BEIJING China and South Korea signed an investment agreement over the weekend in another sign that the two former enemies are moving towards diplomatic ties. The agreement, which contains provisions to encourage and protect investment, was signed by the China Chamber of International Commerce
        91 words
    • Article
      Lock icon EC and Efta sign pact forming new common market
      259 10 Reuter OPORTO, Portugal Western Europe's two main trading blocs linked up on Saturday to form the world's largest and most powerful common market. Foreign ministers of the European Community and the European Free Trade Area (Efta) signed a treaty joining their
      Reuter  -  259 words
    • Article
      Computer models show Russia may face catastrophe
      509 10  -  Fear of fuel price rises leading to fall in output, jobs From John Helmer in MOSCOW ECONOMIC forecasts suggest that Russia will face a catastrophic decline of production and employment, combined with hyper-infla-tion, if prices for oil and fuel are raised this month
      509 words
    • Article
      Lock icon Community divided over aid pledge for Earth Summit
      448 10 Reuter BRUSSELS The European Community, the world's biggest aid donor, is split over promising new money to the Third World at next month's Earth Summit, diplomats say. The agreement of rich nations to help poor countries afford environmentallysound development policies is central
      Reuter  -  448 words
    • Article, Illustration
      Lock icon World facing new German question
      1121 10 Commentary The Economist HOW malicious Fate can be. The moment of German unification, that personal triumph for Chancellor Helmut Kohl, is still fresh in the memory. Only weeks ago, it seems, Germany's new strength was the issue. Uppermost in European minds was the fear that
      The Economist  -  1,121 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      332 9 550 Companies Waiting In Line To Share Their Success With You! For 4 Days Only! OTr J| > w^fi«»M t Ml f a -fII Incorporating cangQuip '92 13-16 MAY 1992 WORLD TRADE CENTRE, HALLS 1,2,3 4 OUTDOOR AREA, SINGAPORE T>n 550 and counting! At SIBEX ™"™^^i^ BUSINKS SSSS3K Architects Designers!
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      Page 9 Advertisements Column 2
      195 9 SUITC FOR THE PRICE OF AN EXECUTIVE ROOM! Yes, you get a suite with your own private lounge for only $340++. At an equivalent price, most other hotels only offer a bedroom and a shared Executive Ix>unge. So why settle for less when you can have more? More space. More
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      Page 10 Advertisements Column 1
      262 10 Now, you can buy a copy of Business Times, Berita Harian, Berita Minggu, other major newspapers and magazines distributed by SPH, ANY TIME from the following sMtoira® BP 31 Adam Road BP 260 Dunean Road 1 BP 793 Ang Mo Kio Ave 1 BP 8 Pioneer Road I BP 462
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      Page 10 Advertisements Column 2
      77 10 A Symbol of Quality Angel A-~5 1 jj 1 With an ability to operate 1 mTui smoothly for many years without any breakdowns, the Carl Pencil j| Sharpener is used by homes. fijm commercial and government X 'vrfn jr offices worldwide The Carl Pencil Sharpener, a name that's synonymous with
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      Page 10 Advertisements Column 3
      297 10 Singapore Computer Systems Limited NOTICE OF ANNUAL GENERAL MEETING ALL MEMBERS ARE CORDIALLY INVITED to attend the 12th Amual General Meeting of the Company to be held at iu Registered Office at 7 SOD Chai Chee Road #03-01, Chai Chee Industrial Plaik, Singapore 1646 on Friday, 22 May 1992 at
      297 words
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  • FOCUS
    • Article, Illustration
      Lock icon Choppy waters in Tumen River
      487 11 An international conference in Pyongyang over the weekend discussed a multi-billion-dollar venture in North Korea. But observers see obstacles facing the development project Reuter Delegates from seven countries attended an international conference in Pyongyang, North Korea, over the weekend to discuss a multi-billion-dollar development project
      Reuter  -  487 words
    • Article, Illustration
      Lock icon Double dilemma puts ruling Kims on shaky ground
      581 11 Faced with the collapse of most of the socialist world and economic chaos at home, Pyongyang's leaders have to determine whether they can reform their Stalinist system and still rule AP THE DILEMMA of socialism that destroyed former Soviet president Mikhail Gorbachev
      AP  -  581 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      44 11 This announcement appears as a matter of record only FXCAP FUJI XEROX ASIA PACIFIC PTE LTD U5530,000,000 Dual Currency Term Loan Facility Arranged by NDC MERCHANT BANK LTD Lenders DBS BANK NDC MERCHANT BANK LTD Agent Bank NDC MERCHANT BANK LTD 15th April 1992
      44 words
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      Page 11 Advertisements Column 2
      145 11 Appointment Ads An Effective Contributor floor size of just under 10.000 sq. 1 ft- is prominently positioned m |M IW r J Cultural District, with easy access I 10 e en,ra business District. Orchard Road X/f 'Sl and the Cen,ral Expressway. It has on site rtf carparking and is only
      145 words
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      Page 11 Advertisements Column 3
      167 11 THE MONETARY AUTHORITY OF SINGAPORE SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-EHTHY BONDS TO THE PUBLIC •/XA AMOUNT OFFERED SGD7()OMIO ISSUE CODE N*****0E ISSUE DATE 15 MAY 1992 m MATURITY DATE 15 MAY 1997 INTEREST RATE TO BE DETERMINED BASED ON THE AVERAGE YIELD OF SUCCESSFUL APPLICATIONS m PRICE TO BE
      167 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      The darling of venture capitalists
      1029 12  -  The founders of Expert Edge are not brash young men. They are in their forties, and they are taking the Silicon Valley by storm. Joseph Rajendran talks to one of them Joseph Rajendran FOUR people who got together to assist a self-help group for Asians
      1,029 words
    • Article, Illustration
      Lock icon When to call in the HR consultant
      1327 13  -  Adrian Furham looks at the thriving human resource consultancy business Adrian Furham The writer is a Reader in Psychology at L niversity College London and head of its Business Psychology Unit THE international growth in the number of Human Resource Consultants (HRC) over
      Dollars & Nonsense  -  1,327 words
    • Article
      Lock icon How to deal with difficult employees
      699 13  -  Is your employee giving you problems? It could be he's an Intuitor rather than a Sensor. Maggie Fox explains Maggie Fox Reuter Mr busyman brings a full briefcase to every sales meeting and surreptitiously sorts through his mail, disturbing the meeting and annoying his
      Reuter  -  699 words
  • Page 12 Advertisements
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      64 12 Today, half the world's checks are processed by one computer company Whether you're working with dollars or ringgit, rupiah or balrt, the computer is at the heart of The same trust we've gained from several leading v y banks in Singapore. customers worldwide, Unisys provides To learn how Unisys can
      64 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      414 13 in lot' 1 iPtMJrtMy yWyjMMMM ■mm! iilUfclll pi i L i« itfffflyW' ll HWijilßl) 9nHp SfnHHptlßf< nuwwlriiittlpiWliiiirrtiikwiftn-.. ■>£»line wkiwwivc syshtei, fresh* Jiv Unilever, Dharraala, Matsumoto, treatment pknt, waste water Samsung, United Tractors, Knorr, Nissin J#/ treatment Are and security protection, Foods, Tokai Textiles and Mattel. Now guaranteed electricity supply. With
      414 words
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      414 14 *ML" I PERFECT LOCATION AMD ON A PRIME FREEHOLD I I I jj f I SITE OF 13,503 SQ.M (145,342 SQ.FT) WHERE THE "t i I' 'I igfl ''W» -~i i I BWjKJ I My I BUILDING OCCUPIES ABOUT 8 PER CENT ONLY OF I I f 1 j LBL
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      165 15 4 k i fjfjlß FOR. SALE ■H >jaP^gg<c f 11 j I> |*^iX. ff :|p«BW^^J-y»B|y rp-/ < Jr I pp^ country club, 'tintedmembership'- only 87apartments, all orientedtowards the sea! Andsuch luxury inside... icierge greets you on arrival, a private Wt and private lift lobby serve each apartment. An interior that
      165 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon All about race: no winners, just losers
      737 16  -  Racism clear, simple and brutal was what prompted the Simi Valley jury verdict that sparked off riots throughout the US, writes Anthony Lewis Anthony Lewis NYT THE ACQUITTAL of the policemen who clubbed Rodney King, and the violent reaction in black communities, showed
      NYT  -  737 words
    • Article, Illustration
      Initiatives for Asia
      923 16  -  The annual meeting of the Asian Development Bank (ADB) opens in Hongkong today. Kimimasa Tarumizu, president of the Philippine-based development bank, talks to BT's Manila correspondent A 1 O Labita about issues affecting Asia and some of the bank's plans Al O Labita KIMIMASA Tarumizu was a
      923 words
    • Article
      From conservatism to competition
      680 16 THERE is perhaps no better symbol of Asia's economic dynamism than the Manila-based Asian Development Bank (ADB). And no better symbol of the region's financial clout than the bank's new US$lOO million (S$ 165 million) sprawling headquarters. The ADB, owned by 52 mem-ber-countries, has come a
      680 words
  • Page 16 Miscellaneous
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  • SPORTS
    • Article, Illustration
      Lock icon Pat Day ends Kentucky Derby drought
      403 17 Lil E Tee gives Day his first victory in 10 attempts Reuter LOUISVILLE, Kentucky Pat Day has dominated Churchill Downs for many years, winning more races at the storied track than any other jockey. But Churchill Downs' best-known race, the Kentucky Derby, had eluded
      Reuter  -  403 words
    • Article
      Lock icon Koch feels he has combined science with sailing
      451 17 AP SAN DIEGO Bill Koch thinks he's found the perfect blend of science and a seat-of-the-pants helmsman. The combination was good enough to sink Dennis Conner, and now Koch will use it as he tries to defend the America's Cup against Italy's
      AP  -  451 words
    • Article, Illustration
      Lock icon White reaches world final for fourth time
      292 17 AFP SHEFFIELD, England Jimmy White celebrated his 30th birthday in style here on Saturday night by reaching the final of the World Snooker Championship for the fourth time. The English left-hander trounced Alan McManus 16-7 to dash hopes of an allScottish final following
      AFP  -  292 words
    • SIDE LINES
      • Article
        No decision yet on Krabbe
        90 17 STOCKHOLM Organisers of major European track meets said on Saturday they would await the International Amateur Athletic Federation's ruling before deciding whether Katrin Krabbe should be banned from their competitions. Krabbe, the women's 100 and 200-metre world champion, was suspended on Feb 15, along with
        90 words
      • Article
        Funk takes the lead
        92 17 THE WOODLANDS, Texas Fred Funk, shot a course record 62 that included six consecutive birdies to take the lead after three rounds of the Houston Open here on Saturday. Funk's 10 under par round gave him a total of 202, 14 under par and one ahead
        92 words
      • Article
        Neumann leads by one stroke
        89 17 TALLAHASSEE, Florida Sweden's Liselotte Neumann led the LPGA's richest tournament by one stroke after shooting a five under par 67 in the third round here on Saturday. Neumann, the winner of the 1988 US Women's Open, snatched the lead when Michelle Estill missed a two-foot
        89 words
      • Article
        Sampras, Agassi in final
        65 17 ROSWELL. Georgia Top-seeded Pete Sampras defeated Todd Witsken 6-4, 6-2 Saturday in the semi-finals of the AT&T Challenge and was to face No 2 seed Andre Agassi in yesterday's final. Agassi defeated Pablo Arraya 6-4, 6-3 earlier on Saturday in the other semi-final. Sampras, ranked third
        65 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      126 17 ATTENTION obßra^TE CHIEFS The New Paper Big Walk '92 is incredibly big. Big in fun and excitement. Big in healthy lifestyle. And w&m&x real bigin prizes. So ifyour company is equally big in BIGWALK '92 sportsmanship, inspire your staff to form a team. Sunday may 24 730 am aA 1
      126 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      760 18 Nothing Beats A Bikl. where to wine, dine -j r A tf- f£»ndless authentic Thai Buffet spread at Cafe <£/Fontainebleau available dailv for lunch and dinner. Lunch 516.50 (adult) 512.00 (child) Dinner $18.50 (adult) 514.00 (child) T^k a l l so n ton talnaUeau MOTH 101 Victoru Street, Singapore 0718
      760 words
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      Page 18 Advertisements Column 2
      208 18 (typing par Fines de Claire Oysters, Salmon "Norvegienne", Escargots with Mushrooms and other French \l\ favourites at our sumptuous buffet. We know you I can hardly wait... I Singapore s %*t* floor We serif the world to you at Top of the M hd»tr«tetJw>irin Hi Orcfurd Rt»d Sm«*xxro92i TH *****11
      208 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      714 18 TELEVISION AND RADIO 1.. 11l I awa rv a** > w v-*•»»<***"•"■»—■'** fr»- Ml* i'lit *»M Win IM bW*rtr.rt#)V j ,i' »&««S>im!»&W<- r*t +V* .<*** TV m 1 1 kiH« :A'-i. MH'r,.- ■>■■'. S.l« n» Hi**** «acy P»a*a. *27 fear r,, m can. BUSINESS ON RADIO Murder by numbers sFswSt
      714 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Muti's legacy
      907 19  -  Michael Kimmelman assesses the impact of outgoing maestro Riccardo Muti on the Philadelphia Orchestra Michael Kimmelman NYT WHEN Riccardo Muti takes the stage of Carnegie Hall this evening to conduct works by Cherubini and Rossini, it will be the latest in a long series of goodbyes. The concert
      NYT  -  907 words
    • Article
      Thank goodness for the trumpet
      581 19  -  Andrew Lim has mixed feelings about Trio 'All' Armi Andrew Lim THE combination of soprano, trumpet and organ, though fashionable in the baroque era, is a relatively rare ensemble today. Alas, high expectations were not fulfilled last Wednesday as there was a palpable atmosphere of
      581 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      148 19 AND ENTERTAIN 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+ per person. A ANA HOTEL For reservations. SINGAPORE caß 732 1222 extension 1582 or 1597. DO THE
      148 words
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      Page 19 Advertisements Column 2
      409 19 'HL 1 you come to MSvtnptck Robinton, j. I **»i*yresponriMytoieeto I f\W& you or* under our roof. j *^2 That's the amount of commitment you M-Smo if*. can expect from our Restaurant Manager, K f I Kamaldin Kader. K Though situated in the heart of the pulsatine I financial district
      409 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Selective buying pushes SHI past 1,460 level
      4678 20  -  Bank and shipyard counters are main winners By Lilian Ang THE local bourse performed far better than was expected last week. Selective buying of blue chips kept the market humming, and sent the Straits Times Industrials Index past the 1,460-point barrier by the
      4,678 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3054 21 OCBT Foreign 1240 100 DBS Foreign I 380 t 90 7.0% Inchcapc 580 70 +-13.7% Semb Ship\ard 840 65 *-8.4% Keppel Corpn 805 60 +8.1% Singmarine 50* 520 50 10.6% Keppel C Wt 510 46 9.9% C AC 650 <-45 +7 4% Jurong Ship 50*
    3,054 words
  • Page 21 Advertisements
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      124 21 YOUR KEY TO BETTEREUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. or Tony Chia videotext system in the world. For
      124 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3435 22 Gentings 50« 790 40 5.3% Leader U 590 +35 6 3% Alcorn 191 22 13.0% M Cement 5<)« 274 +15 5.8% Uniphoemx 115 +15 +15 0% Fsso 50* 454 +14 3.2% NST 330 f 14 +4 4% George Kent 50* 162 +12 t8.0% PMRI 50*
    3,435 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      197 22 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription mm The StraitsTiines WHKIV OV««»«A» KMTION Making an issue of the major issues I MMiMiltllilMiUlM j Name
      197 words
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      Page 22 Advertisements Column 2
      40 22 Your son is studying overseas. And you want him close to home -with news from home. To your principals and business associates overseas, it's assuring that Singapore is great for business. The Straits Times Weekly is like a country report
      40 words
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      Page 22 Advertisements Column 3
      53 22 Someone close has beenlving in Canada for some years. You've given up writing those long letters. The Straits Times Weekly tefls It bettet (He might comeback after readngal the good news.) You travel often on business and want to catch up on your return. The week's main Issues are condensed
      53 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares post small gains in listless market
      5367 23 NST SHARE PRICES in Kuala Lumpur drifted listlessly last week, except for Thursday which accounted for most of the week's gains. The Thursday run-up enabled the market indices to post small increases over the previous week. The bourse was closed last Friday for
      NST  -  5,367 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Car makers boost Wall St sentiment but caution persists
      684 24 FT AFTER 18 months of bleeding red ink and years of being pilloried as industrial dinosaurs, the car makers of Detroit won a little respect on Wall Street last week. General Motors and Ford Motor reported first-quarter results better than analysts'
      FT  -  684 words
    • Article
      Concerted buying pushes market on to higher ground
      386 24 HONGKONG CONTINUED buying interest helped the market to advance another 154 points last week, with a mild correction of 61 points on Wednesday. Local and foreign investors remained keen on the China factor. Gains were registered by blue chips across the board
      386 words
    • ASIAN MARKETS ROUNDUP
      • Article
        BANGKOK
        86 24 THE Stock Exchange of Thailand index fell 33.84 points last week to close at 760.97, a 4.26 per cent fall from the previous week's close of 794.81 points. The average daily turnover by volume last week was 34.28 million shares, down from the previous week's average of 41.7 million.
        86 words
      • Article
        MANILA
        87 24 THE Philippine stock market rose slightly last week due to optimism that the elections on May 11 would be peaceful. The composite index at the larger Manila exchange rose 5.5 per cent to 1,239.02 points on Thursday while the composite at the Makati exchange rose 5.45 per cent to
        87 words
      • Article
        SEOUL
        95 24 SHARE PRICES rose in active trading last week at the Korea Stock Exchange with the all-share price index topping the psychological 600point barrier amid signs of eased financial strain on the market. The composite price index closed Saturday's halfday session at 614.95 points, up 20.07 points or 3.2 per
        95 words
      • Article
        JAKARTA
        172 24 GAINS on several select big shares nudged up the market index on the Jakarta market last week, although the majority of scrips lost ground. Higher prices recorded for the few big shares and a high turnover on Wednesday helped offset the loss registered by most other scrips and the
        172 words
      • Article
        BOMBAY
        84 24 PRICES crashed on the Indian stock market last week, ending a prolonged bull rally. The Bombay Stock Exchange Sensitivity Index lost as much as 800 points on Tuesday and Wednesday, before recovering slightly on Thursday in the three-day week. It was the biggest fall since equity values began climbing
        84 words
    • Article
      Lock icon Nikkei stretches losing streak to nine weeks
      323 24 AFP v >TOKYO SHARE PRICES continued to fall in lethargic trading last week during the holidayshortened week. The Nikkei Stock Average of 225 selected issues closed out the week last Friday at 17.303.39 yen for a 239.06yen decline from the week before. It
      AFP  -  323 words
    • Article
      Midland saga continues to hog attention
      807 24  -  umw By Ray Heath WOULD Britain be better served by Big Three banks, or should it continue with the Big Four? That is the question which will almost certainly be exercising the minds of the Monopolies and Mergers Commission (MMC) after last week's announcement
      807 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      363 24 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3608 r I CONSTRUCTION COMPANY I REPRESENTATIVE FROM AUS- TRALIA will be in SINGAPORE KUALA LUMPUR/BANGKOK area during May, 1992 and would like I to meet interested parties seeking 5 Joint Ventures. Structure works in I Formwork Construction We are I
      363 words
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      Page 24 Advertisements Column 2
      159 24 OFFICIAL NOTICE We. JAVA MARINE LINES PTE LTD or 55 Shipyard Road. Singapore 2262 hereby give notice that in consequence or our purchase. we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of the ship WING ON No.
      159 words
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      Page 24 Advertisements Column 3
      439 24 ~JU|re you looking to do EBU business in China? If so, we can assist you I Singapore Company with thorough knowledge of the China market and with well-established connections in China can supply product services especially from Beijing, Hebei, Shangdong, Liaoning, Zhuhai, Heilong-Jiang and Ji-Ling. We can help you sell
      439 words
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      Page 24 Advertisements Column 4
      241 24 CARDINO TRADING (PTE) LTD (In Voluntary Liquidation) NOTICE Of PINAL MESTMO NOTICE S HEREBY GVEN that pursuant lo Section 308 of tie Companies Act Cap. 50 that a Final Meeting of the members of the abovenamed company wii be held at 5001 Beach Road #07-02 Golden Mie Complex Sirv gapore
      241 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Economy, technicals and riots hit US$
      434 25 NEW YORK Reuter THE US DOLLAR closed lower on a disappointing economic report, weak technicals and concern mainly among foreign investors about the riots in Los Angeles last Friday. "They're selling dollars on the riots, this is what people in Europe are saying," said
      Reuter  -  434 words
    • Article
      Lock icon Most Asian currencies rise against US$
      811 25 ASIAN CURRENCIES AFP MOST Asian currencies ended the week higher against the greenback with only the Hongkong dollar and the Indonesian rupiah showing falls. Intervention by the central Bank of Japan last Monday helped push up the yen, while the Australian dollar gained on
      AFP  -  811 words
    • Article
      Lock icon Surge in German rates boosts yen's role in ADB
      598 25 Bank to develop new borrowing options for developing members AFP HONGKONG The yen is playing a bigger role in the Asian Development Bank (ADB). spurred by higher interest rates in Europe and sustained demand for bonds denominated in the Japanese currency,
      AFP  -  598 words
    • Article
      Lock icon UK rates may fall by up to half percentage point
      417 25 FT LONDON Moves by the Bank of England last week suggest that the UK government is set to sanction a cut in base rates by up to half a percentage point in an effort to strengthen faint signs of economic
      FT  -  417 words
    • Article
      Lock icon Model master agreement set for forex options
      352 25 Reuter NEW YORK After two years of discussion, a model master agreement designed to bring standardisation to the over-the-counter foreign exchange options market has been completed and sent to industry participants. "For the first time this market will have a fairly simple straightforward
      Reuter  -  352 words
    • Article
      PRIME LENDING RATES
      494 25 BANNS ABN Amro Bank NV 6S ANZ Banking Group 7 Allied Irish Bank PLC 7'/, American Express Bank 7 Arab Banking Corp V* Arab Bank PLC 6"; BFCE 7 Ban Hin Lee Berhad 6'« Banca Commerciale 7 Banco do Brasil 7'/> Bangkok Bank 6"« Bank Brussels Lambert
      494 words
    • Article
      INTERBANK FOREX RATES
      376 25 Cross rates Apr 30 USS SS MS Dm Yen Sir AS N/S uss 1.6550 2.5280 1.6590 133.70 0.5650 1.5230 1.3149 1.8587 ss 0.6042 1.5275 1.0024 80.7855 0.3414 0.9202 0.7945 1.1231 MS 0.3956 0.65 0.6563 52.8877 0.2235 0.6025 0.5201 Dm 0.6028 0.9976 1.5238 80.59 0.3405 0.9180 0.7926 Yen
      376 words
    • Article
      MONEY MARKET
      533 25 Interbank rates s$ Bid Offer Overnight 3 3/8 1-month 3 1/4 2-month 3 1/4 3-month 3 1/4 Overnight mode: 3-9/16 3 1/2 3 3/8 3 3/8 3 3/8 US$ High IJOW 7 days 1 month 2 months 3 months 6 months 9 months 12 months 3 15/16 3
      533 words
    • Article
      FINANCIAL FUTURES
      143 25 May 1 GOLD FUTURES (100 oz) USS/oz Open High Low Settle Change May 92 338.50 338.50 338.50 339.00 1 Jun 338.10 339.40 338.00 339.30 1 Jul 340.20 1 Aug 340.50 341.30 340.10 341.20 1 Oct 342.30 342.50 342.10 343.00 1 Dec 343.80 345.00 ***** 345.00 1 Feb 93
      143 words
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  • COMMODITIES
    • Article
      Lock icon Trouble brewing in China's tea industry
      738 26 Reuter FUZHOU, China The Red Flag Tea Farm, high in misty mountains overlooking the East China Sea. was Chairman Mao Zedong's vision of a eommunist agricultural paradise. Happy workers and volunteer students tended terraced fields for the state, secure in the knowledge they were
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    • Article
      Lock icon Coffee, cocoa prices at lowest level since 1970s
      861 26 REPORTS AFP INCREASED sales of coffee and cocoa by Ivory Coast on the physical market pushed prices down last week, to their lowest levels since the early *****. Ivory Coast is selling the remainder of its current harvest, but it is also
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  • Article
    PRICES
    1190 26 Rubber HAS (M» in bal«») S cents/kg Int 1 RSS Close Apr 27 143.50 Apr 28 144.50 Apr 29 146.00 Apr 30 145.50 May 1 Closed MUELB in bates) M cents/kg Int I RSS Hose Apr 27 219.50 Apr 28 220.00 Apr 29 221.00 Apr 30 221.50 May I
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      575 26 BUSINESS TIMES Toll-tree Tel No 737 0043 -Fax No: 734 3698 UQUOR LICENCE NOTICE NOTICE IS IUiREBY GIVEN that, I, HoKuanllcng of Blk 431 Jurong West Avenue 1, #05-294, Singapore 2264, have applied for a Retail Liquor Shop Licence in respect of premises at M/sWanFong Medical Hall at Blk4B2TampinesSlreet43,#ol-234,Singapore 1852
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      27 26 If you're planning for an exciting career move, The Straits Times APPOINTMENTS is just the place to start looking for that perfect position. 1 M j&£ p
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      6 26 Innovation Technology in BT every Tuesday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1170 27 City Flight ETA Flight ETD City Flight ETA FHgkt ETD Aka Pkaki GA893 1345 GA974 0005 SQI03 0950 MH604 0740 <v»-)c rv coo otac MH605 1020 SQ104 0830 SQ 228 2025 9™? SQ105 1050 MH670 0950 AmtariMR KL837 1255 SQ24 0115 MH642 1220 SO 106 1045
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  • THE TRAVEL PAGE
    • Article, Illustration
      A million-dollar view for just $10
      663 27  -  POSTCARD FROM CAIRO By Nicholas Woodsworth THE ABU SIMBEL HOTEL is not a luxury establishment. My bed sags; I cannot sit on the toilet without banging my knees into the sink But what can you expect for US$6 (559.90) a night? What you do
      663 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      153 27 As at 3pm on Apr 30: Local dollars to one unit of foreign currency Currencies Bid Oder Australian dollar 1.2510 1.2680 Canadian dollar 1.3720 1.3995 NZ dollar 0.8810 0.8985 Sterling pound 2.9195 2.9590 US dollar 1.6525 1.6585 Local dollars to 100 units of foreign currency Austrian
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    • Article
      WORLD TRADE EXHIBITIONS
      75 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel May 26-31 International Istanbul. Afeks Organizas- (90)1/*****20 June 1-7 International Buenos Aires Argentine 541-*****09 Construction Turkey yon Pazarlama Exhibition Federation of Machinery Bldg Ve Ticaret AS of Rubber the Rubber Technology Industry Exhibition Junc M Beijing Inter-
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      45 27 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Know Europe bom Mart to Pumiih.
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      51 27 $820, 00 se ual abus That's what a man has to pay for sexually abusing his daughter. A new Californian law makes it so. after she sued him for offences committed when she was a child. Check us out. Today. On how she won a landmark case. the 4/ new*
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      283 27 Juice I think tasty ~fll ment where men are best 3 j j 1 1 I 1 suited (6,3) 9 Unusual item grips newspapers 14 11 Next on that occasion (4) female attire (5) 13 Food value for pert young JHL__flL._!■— 16 Giving birth while serving H M H H
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    • Miscellaneous
      Page 27 Miscellaneous Column 2
      190 27 Singapore Outlook: Showers over several areas in the late morning and afternoon. Report: Maximum temperature 32.1 Assoc humidity 74% Minimum temperature 25.0 Assoc humidity 98% Hours of sunshine 2.65 Rainfall in mm 0.6 Rainfall this month 17.3 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland unav Bangkok
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      31 27 cbn't (or coußse....7 vro in k/ OFFHAND... I KVOU -S Ic-tOcrr IblftlUl r>>! LJWFVT DOING] ive GOT SOneTVnwGJ \I ueEXcNDZ UP... \V 6bb9 A V O ASSOCIATED NEWSPAPERS LTD.. IM3-IW2 &ietas-a
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  • Article
    Lock icon China to increase cooperation with other nations
    400 28 Party chief Jiang Zemin in latest support for Deng AP BEIJING China plans to increase co-operation with other countries as part of senior leader Deng Xiaoping's new reform drive. Communist Party chief Jiang Zemin told visiting business leaders yesterday. Mr Jiang's comments, carried
    AP  -  400 words
  • Article
    Lock icon German strikes threaten to disrupt air and rail traffic
    409 28 Reuter, AFP BONN Striking German public sector unions plan to widen their walkout today to ground most commercial air traffic and halt freight trains unless the government makes a last-minute pay offer. But union officials said yesterday there were no signs
    Reuter,; AFP  -  409 words
  • Article
    Lock icon Riots in US likely to cost insurers up to US$1b
    524 28 London insurance market expected to be affected badly FT. Reuter, AP LOS ANGELES Insurance losses from civil disorders in Los Angeles and other American cities look set to top USS2OO million (***** million) and could reach USSI billion, according to
    FT.; Reuter,; AP  -  524 words
  • Article, Illustration
    So who says our ministers and MPs can't sing?
    338 28  -  By Quak Hiang Whai SINGAPORE It is not everyday the Speaker of Parliament tells you to "kiss me, my darling, be mine tonight". But there he was, Mr Tan Soo Khoon, sporting an Elvis Presley collar and strumming his own electric
    338 words
  • Article
    Lock icon Aung San Suu Kyi reunited with husband
    203 28 Reuter BANGKOK Detained Nobel Peace laureate Aung San Suu Kyi and her British husband were spending yesterday together in Yangon, reunited after more than two years apart, residents in the Myanmar capital said. The ruling military junta, which has kept the opposition leader
    Reuter  -  203 words
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      331 28 CHARTPOINT Every Saturday in Business Times The university of Hull (UK), PROGRAMME In association with help AH HM| STRUCTURE institute (Malaysia), offers a VI V f 9 12 month part-time Master ll II ff l The pro f am ls of Business Administration I Iff I nH on a modular
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      7 28 World facing new German question, Pg 10
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      214 28 CHARTPOINT Every Saturday in Business Times All about race: no winners, just losers, Pg 16 I Management Seminar Series Total I Activity Management IS COST MANAGEMENT A PROBLEM FOR YOU? Whether your business is manufacturing, retailing, or financial services: cost control product pricing overhead allocation, and efficiency are all problems
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  • Shipping Times
    • Article
      Sembawang unit completes $40m job for Qatar firm
      313 29  -  By Rahita Elias SINGAPORE Sembawang Engineering Pte Ltd, a subsidiary of listed Sembawang Shipyard, has successfully completed a $40 million offshore project for a Qatar oil company. It recently completed the offshore installation, hook-up and commissioning of three accommodation modules, which constituted
      313 words
    • Article, Illustration
      Hai Sun Hup unit to represent Fremantle port
      262 29 SINGAPORE Public listed Hai Sun Hup Group Limited has clinched yet another port representation contract. This time, agency arm Hai Sun Hup Co (Pte) Limited has been appointed the regional representative for the Port of Fremantle. The appointment of a representative in
      262 words
    • Article
      Lock icon Egypt seizes Israeli yacht
      191 29 UPI Cairo Egyptian authorities seized an Israeli tourist yacht after it got into difficulties off the southern Sinai coast with 18 passengers and five crew on board, the Al Ahram newspaper reported on Saturday. The Sun Boat, on a trip from the Israeli port of Eilat,
      UPI  -  191 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1172 29 P»ge Col ABC Containerize 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASXCLShpg 15 2 ASCL
      1,172 words
    • Article, Illustration
      Hitachi Zosen delivers supply ship
      258 29  -  By Tan Hua Joo SINGAPORE Japanese shipbuilder Hitachi Zosen's Ariake Works has delivered the replenishment ship Ja-pan-Tuna No 3 to the Federation of Japan Tuna Fisheries Cooperative Associations. The 5,895-dwt vessel was delivered on March 31. Equipped with highly manoeuvrable supply boats, it will supply
      258 words
    • Article
      Lock icon Japan puts costs of protecting ports at 12 trillion yen
      254 29 Asahi News Service TOKYO It would cost 12 trillion yen (S$ 160 billion) to build sea walls and other facilities to protect a quarter of Japan's coastline from a onemetre rise in sea level as a result of global warming,
      Asahi News Service  -  254 words
    • NEWS SUMMARY
      • Article
        Industry plays a vital role
        37 29 THE ship chandling industry in Singapore is estimated to have an annual turnover of between $500 million and $600 million. Tan Hua Joo takes a look at the growing industry. Page 2
        37 words
      • Article
        Motor industry recovery leads to market rally
        48 29 AFTER 18 months of bleeding red ink. the car makers of Detroit won a little respect on Wall Street last week. General Motors and Ford Motor reported first quarter results better than analysts' forecast and a return to profits. Back Page
        48 words
      • Article
        Car sales in Japan down in April
        51 29 DESPITE a scheduled reduction in the automobile sales tax introduced from April, motor vehicle registrations for the month dropped by 4.8 per cent on a year-to-year basis to 448,128 units, according to figures released last Friday by the Japan Automobile Dealers Association Back
        51 words
      • Article
        GM's Oldsmobile drops two models
        38 29 THE Oldsmobile division of General Motors Corp said on Friday that it was dropping two car models, although a spokesman said the decision was unrelated to the automaker's recently announced restructuring Back Page
        38 words
      • Article
        China-Taiwan flights by year-end: report
        26 29 DIRECT FLIGHTS between China and Taiwan could start before the end of the year, a state-run newspaper reported yesterday Back Page
        26 words
    • LOG BOOK
      • Article
        German ship towed to Taiwan after collision
        135 30 TAIPEI A German cruise liner that collided with a Greek container ship off Hongkong two days ago was towed to the southern Taiwanese port of Kaohsiung on Friday for repairs, officials said. The liner Europa's 465 passengers and 306 crew members were in
        135 words
      • Article
        Bulker to be repaired at Gdansk
        62 30 LONDON The Maltese bulker Seabreeze I was expected to arrive at Gdansk on Saturday for repairs, Lloyd's Shipping Intelligence Service said. The 18,254 dwt vessel was holed in a collision with the CIS-registered Mekhanik Evgrafov on April 25 off Denmark. The Mekhanik Evgrafov, 5,306
        62 words
      • Article
        Suitor has other plans on Regency
        89 30 WASHINGTON Rainbow Cruises Inc said it is considering alternatives in the light of a negative response by Regency Cruises Inc to its revised merger proposal of March 12. In a Securities and Exchange Commission filing. Rainbow Cruises said the possible moves it is considering
        89 words
      • Article
        EVA to boost flights to S-E Asia
        131 30 TAIPEI Taiwan's EVA Airways said on Friday it would triple its flights to Singapore and Malaysia this year to cater for a huge rise in the number of Taiwanese tourists visiting South-east Asia. EVA quoted figures provided by Taiwan's Tourism Bureau as showing
        131 words
      • Article
        Royal Navy discovers WW2 mine
        85 30 LONDON The Royal Navy said on Friday divers were examining an undetonated 900-kilogram German mine from World War 11, found at the bottom of the North Sea. A Royal Navy survey ship found the mine on Thursday about 24 kms cast of Grimsby on England's
        85 words
      • Article
        Saison buys 40pc of hotel firm
        60 30 TOKYO Japan's Seiyu Ltd said on Friday that Saison Holdings BV, based in Amsterdam, has purchased 40 per cent of worldwide hotel chain operator Intercontinental Hotels Corp from Scandinavian Airlines System. Seiyu, a major retail shop chain operator which has a business tie-up with
        60 words
    • Article, Illustration
      Industry plays vital role
      1336 30  -  The ship chandling industry in Singapore is estimated to have an annual turnover of between $500 million and $600 million. Tan Hua Joo takes a look at the growing industry Tan Hua Joo I T IS II pm and Jimmy Chan has just received an order
      1,336 words
    • Article
      COCKETT BUNKER MARKET REPORT
      835 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      835 words
    • Article
      THE SHIPPING GUIDE
      11797 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 Pcnang after
      11,797 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        493 45 inset Voy No Berth Arrival Dqurtite Vessel Vuy No Berth Arrival Departire Marina Terminal 1 Inse> Mj,u so i 04 05/1230 04 05/1730 Batam Baru B144A M03 0405 0900 04 05,2300 MadonNa 19 04 05,1830 Batam Maiu *****6 M05 04 05/1000 05 05 0500 Mercury Ate 14A
        493 words
      • Article
        CONTAINER SCHEDULE
        1542 45 DELIVERY OF FCl IMPORT CONTAINERS IN PROGRESS Containers ivaiable Sh? Voy *> Caiti rr~ 07 *****2 0740 Equator Jews 75N COO(EST) 0305 92 1500 fwL. M»9W 02 0592 0745 Kota Suna KSR216 COO(EST) *****2 1500 rJwunim 03SP 0205 92 1010 Kap Gavritov 10W92 COO(EST) 03 05 92 2300
        1,542 words
    • Article
      TRANSPORT DIARY
      1426 46 May 8 (1 day): Implementing and Developing Strategie Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. May 15-16 (\Vi days): ISO 9(X)0 for Warehousing and Distribution Centres, organised by Singapore Institute of
      1,426 words
    • Article
      DAILY FREIGHTS
      473 46 THE freight market continued strong and the Baltic Freight Index rose 15 points to 1,216. dealers said on Thursday. This brought the BFI back to mid-March levels. The BFI has added 73 points over the last 13 trading days, when its performance has been affected by holidays worldwide.
      473 words
    • Article
      Lock icon Recovery in motor industry leads to Wall Street rally
      526 48 But analysts warn that trend may be reversed Financial Times NEW YORK After 18 months of bleeding red ink, and years of being pilloried as industrial dinosaurs, the car makers of Detroit won a little respect on Wall Street last week.
      Financial Times  -  526 words
    • Article
      Lock icon GM's Oldsmobile drops two models due to poor sales
      364 48 NYT NFW YORK The Oldsmobile division of General Motors Corp said on Friday that it was dropping two car models, although a spokesman said the decision was unrelated to the automaker s recently announced restructuring. Oldsmobile said it was halting production
      NYT  -  364 words
    • Article
      Lock icon Car sales in Japan fall in April despite lower tax
      292 48 Asahi News Service TOKYO Despite a scheduled reduction in the automobile sales tax introduced from April, motor vehicle registrations for the month dropped by 4.8 per cent on a year-to-year basis to 448.128 units, according to figures released last Friday
      Asahi News Service  -  292 words
    • Article
      Lock icon China-Taiwan flights soon: report
      192 48 AFP BEIJING Direct flights between China and Taiwan could start before the end of the year, a state-run newspaper reported yesterday. The China Daily, quoting a reliable source, said a route from Shanghai to the Nationalist island was "very possible". China and Taiwan have been without
      AFP  -  192 words
    • Article
      Lock icon Sagawa Kyubin group absorbs five affiliates
      352 48 AFP TOKYO The scandal-hit Sagawa Kyubin trucking group has absorbed five of its affiliated companies, Sagawa officials said last Saturday. The officials said the merger decision was made at an extraordinary shareholders' meeting last Friday following the Transport Ministry's approval of the merger application
      AFP  -  352 words
    • Article, Illustration
      Lock icon Jakarta seeks solution to traffic chaos ahead of NAM meeting
      456 48 AFP JAKARTA The city is desperately seeking a way to alleviate its chronic traffic congestion ahead of the NonAligned Movement (NAM) summit it plans to host in September, but initial efforts have only made things worse. A two-week experiment in
      AFP  -  456 words
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      24 29 Llms and services represented Members of the Registry «f AccntfM SMooJiur Amite. Sincaoere Netfcxul Sftfe* Ulmi/ For advertising enquiries, contact Shipping Times Tel 74IL2<m/74()-20<M)
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      183 29 «SHIP LASHING MATERIALS SPECIALIST ci c MINTERMARINE SUPPLY CO (PTE) LTD Tbl: *****33 (10 Li Ml) Fa: *****77 Every 3,000 Years Or So, An Innovative Approach To Containerization Changes History. This is a story of mythic proportions. all around the world. It begins with Sea-Land's introduction of The story doesn't
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      30 29 Cockett Report 2 Container Schedule 17 Daily F remits U Indei 1 Stopping Guide 10,11 Ships in Port 17 Singapore Tides 17 Transport Diary 18 (Weather and Sea Conditions 17
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      57 30 —-j Etecufcue Housekeeper -this hotel O vYlft, I wants is me. But I'll never neglect I L thte House, baijT J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Shin Min Daily News
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      3115 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 \«IWW BOOKINGS TEL *****34 *****58 ■llllf TERMINAL/CFS TEL: *****18 220 ITBftftftflrl PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L^#J PORT KELANG TEL *****18 FAX *****91 *****88 n..»i;«., PENANG TEL *****4 FAX *****1 CPS TEL *****6 Dedicated to Quality Service ipoh tel *****3/4
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      Page 31 Advertisements Column 2
      3299 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT is« //i V UNITED ARAB SHIPPING (SAGI\ ■■qbphH VSI/VOY SIN NYC I BAL I ORF SAV I m (hwi ;/i i?/i i 4. c is/( wi I SMit mm n nt 11/; im
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      1482 32 R DAM/ HTm VOY NO SPORE JEDDAH SHAMTONHBURU ANT LE HARVE |HmSU3 LEVERKUSEN EXPRESS 06/317 4/5 20/5 22/5 25/5 26/5 1. Mi. NCSTBOUM) KATSURAGI 11/118 7/5 16/5 30/5 26/5 25/5 PORT KELAM6 ft POMN6 THAMES 11/318 10/5 27/5 29/5 1/6 2/6 CARGO TO UK/CONTVOVT LA SEINE 24/119 14/5 23/5 6/6
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      Page 32 Advertisements Column 2
      587 32 SEASPAC SERVICE CONTAINERS U BREAKBULK DIRECT SOUIH PACIFIC SERVICE sin Inou suv ppt JANIKA II 3601Tb 25 27/S 7/6 10/6 16/6 PALEMBANG 3/02EB 25 28/6 10V 13/7 18/7 Transit Time Iht 116) (22) AISO ACCtPIWG CARGO VIA SUVA 10 lAUIOKA PAGO PAGO APIA. NUKUAIOFA. P VIIA FASTEST SERVICE TO CHILE/PERU
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      Page 32 Advertisements Column 3
      1602 32 uav REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSI VOI sm ALG BCL HAM BRE ROT ANT PEL LHA (VIA (VIA (VIA ALG) HAM) ROT) N SUN 9209 3 04/05 24/05 25/05 26/05 27/05 28/05 29/05 30/05 31/05 N PRINCESS 9210 3 10/05 2S/05 30/05 01/06 02/06 03/06 04/06
      1,602 words
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      2075 33 W W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa<: *****17 ACCfPTS 01* SAMS STMIK teniae C RGO SPORt B KOK STRAITS STAR Io« sisn "L MLTK S" IS,IBfiUCGt 08N OS 06 MAY 09 10 MAY STRAITS HOW Vo6f MUJ'J 06 0/
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      Page 33 Advertisements Column 2
      2960 33 SINGAPORE AGENT: •4.V If|P|*C P&0 Containers (Singapore Agencies) Pte Ltd A 15 Hoe Chiang Road #08-02 to 06 Santord Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VOV *PNG 'PUG SIN ALG SOU ANT ROT NAM JED VESSEL
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      578 34 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI VOT SCORE ROAM (MM HBURG BREMEN ANINIRP WIN, 2MB 22/5 1/7 13/7 17/7 20/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subfect lo Inducement. Also accepting cargo to Casablanca, Port Said, Port Alexandria. Genoa, Trieste. ALSO ACCEPIINC BOIH CONt AINtRS CONVLNIIONAI
      578 words
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      Page 34 Advertisements Column 2
      1585 34 (h) hanjin shipping FDR VSL I" SInH IMI HAUL LGB OAK tOR VSI ll* HAUL SA» AM NYC HANHN KAOHSNJNG 00SI 10 b WRECI U b 16 HANIW KNANGYANG OME 4 b M MWYORK 040t U/6 12/6 14/6 HANAN BRtMEN 003t 1/ b CNRICI It l« 6 HANHN KUNSAN 074E
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      Page 34 Advertisements Column 3
      1377 34 Jd I I. sc l t IC NG 1,0 ctfi BU NTC Im *<* i* nc no cw mi sgp l MIAMI H 0)7 7 5 12 S 14 S lib lib lib 21 S 22 i 24bT3 5 Ilk 176 lib 20 t 30 6 1/7 2 1 1
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      Page 35 Advertisements Column 1
      2104 35 7 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE 278/800 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST INOIA/PAK SERVICE *****00 NEPLINE SDN BHD MALAYSIA K L (03)
      2,104 words
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      Page 35 Advertisements Column 2
      1133 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 WtSTBOUNO LOAJXWG TRAWSUPPED Vl* RO HERO
      1,133 words
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      1565 36 ASAGLNTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W mT m TEL: *****77 TELEX KAWAKIRS23I6S FAX *****07/8/9 I M U Wi m MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I iML MmJm JL, JL m TEL* SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■MB KAWASAKI KISEN KAISHA,
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      Page 36 Advertisements Column 2
      1184 36 PHILI-ORI€NT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00 Telex: R*****0FAX:*****76 *****38 &JQ 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 j 14 MAY SYDNEY. MELBOURNE, BRISBANE, FREMANTLE 14
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      Page 37 Advertisements Column 1
      2569 37 PACIFIC INTERNATIONAL LINES (PTE) LTD W Wiwa? J Hn 140 Cecil Street #03-00 PIL Building, Singapore 0106 Tel: *****33 crnomommtooqqe [JAKARTA ~3 BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN BUNGA TERATAI 183 5/5 7/5 12/5 OTA BINTANG j'c EQUATOR HAWK 42N 6/5 8/5 13/5 ESTEBRUGGE 08N
      2,569 words
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      Page 37 Advertisements Column 2
      593 37 EXPRESS CONTAINER SERV ICE TO t K-NOR TH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL I PENANG PKELANGI OCEAN VSL/VQY~ SIN SOU <1 > RTM (2) HAM (3i GOT ;4) ANSON/ TDN 1/5 2/5 BEN ALDER 2172 5/5 22/5 24/5 25/5 27/5 ANSON TBN 8 5 9/5 TOVAMA 2182 12/5 29/5 31/5 1/6
      593 words
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      Page 37 Advertisements Column 3
      169 37 CONVENTIONAL SERVICE VESSEL ETA SM TO TBN 14/5 COLOMBO/KARACHI TBN 5/5 BANDM ABBAS TBN 14/5 TUnCOMN/KANDLA/BOMBAT TBN t/S CALCUTTA/CWTTAGONG TBN 14/5 HOCNMMH/TUTICOmN ALSO AVAILABLE FOR YANGON/lAKARTA/MAMLA. LCL/FCL SERVICE MADRAS/CALCUTTA/COLOMBO WEEKLY SERVICE BOMBAY/KARACM/CHTTAGONG WEEKLY SERVICE DUBAJ/DAMAM/PORT LUIS DURBAN FORTMGHTIY SERVICE COftmm KATES FOR MADRAS/CALCUTTA AWD COLOMO AVAILABLE Accepting LCL and contam«riMd
      169 words
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      298 37 Mi MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen PGd| PAGAN VIS2W 5/7 Mjy HP* AN VI77W 11/14 May PAGAN VIB3W 25 2S May NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.49 SINGAPORE 15 May ETA Lagos 8 Jun Harcourt 11
      298 words
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      3169 40 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: Guan Guan Shipping Sdn Bhd Chang Chiao Shipping Sdn Bhd P.l. Global Putra Indonesia maritime General Agents: Booking Agents: General Agents. Booking Agents: ;>8 Persiaran fta/.i Muda Mum n a Man towi h<iu jihii Mumbm/n Yick Fung Shipping
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      293 40 SAMUOEM MOONESU (S) PTC LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE J Singapore 0106 Tatoi: R*****0 T«fc *****81-3 Fax: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 959 IN PT 06/05 (WED) DERAJAT 980 05/05 (TUE) 07/05 (THU) MERKUR DELTA 921
      293 words
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      688 41 <f£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOI PIREAUS 10/5 ROTTERDAM 10/5 HAIFA/ASHDOD/ALEXANDRIA 10/5 HAMBURG/BREMEN 1075 M/WSEILLE/FRANCE 1075 FaiXSTOWE/UK 10/5 BARCELONA/SPAIN 1075 LEHAVRETANTWERP 10/5 10/5 GOTHENBURG/SCANDINAVIA 1075 LOS ANGELES/WC/IPI 10/5 SYDNEY/MELBOURNE 10/5 NEW YORK/EC 10/5 FREMANTLE 7/5 VANCOUVER 10/5 BRISBANE/ADELAIDE
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      919 41 f£l RICHFIELD MARINE A6ENCIES (S) PTE LTD O TEL: *****33 (12 LIIMS) BFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llims) P*\ ETHIOPIAN SHIPPING IMS (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vTssTi jvOV EFA IIOAIHM. M>H Sf*OME NfcfSANtr 6WH 0106 UAHESSAI AAM MOMBASA DjIBoTTTT ASsAH MAsSAV.A ABVOI .»mb «*>
      919 words
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      984 41 JAKARTA BANGKOK VESSEL VOY an RU VCSSEL VOY SMGAPORE BANGKOK BtNIA BHUM 32S 04/ OS OT PS VIRA BHUM tt ft 03N In PI 04/05 0//05 WANA BHUM MB OS 0*) 12 OS WAN IA BHUM ggW Wed 06 OS S«1 09/05 Bt NIA BHUM I 3is 13,0S 16 05
      984 words
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      1782 42 S'PORE IMPORT: *****11 1; PENANG (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 1 P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED PORTS COLOMBQ/S. AFRICA I PIN PK SIN Colombo 6/5 7/5 8/5 110 5 11.5 12/5 Ldn/FI«/Rdm/Ant Durban/Pt Louis 6/5
      1,782 words
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      301 42 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND PROM NEW ZEALAND PORTS SIN NW Ml ITI SIN PROSPICI US »/S ?l/5 VIA NPI ?3/4 «/S N/ SIAR ISI9 15,4 ?7/S Vl* NPI IS/ 6 PfHMIIR IUS ?9 5 10 6 Vl* NPI 1? 6 6
      301 words
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      1153 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 VHKr TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL w In* Ikst vessel
      1,153 words
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      855 43 Ww COMPANIA PERUANA nSGkx oe vapores "PERUVIAN STATF. LINE" ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/FROM CAIIAO, MA TAR AN). HO* I OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BN.L Of LADING. WPV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPUNG BftEAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOD. TOKYO*. MANILA* DAVAO*.
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      525 43 ICZ37 I MF^vl N.AMLRICA/CARRIBEAN SERVICES ttssti Jyot Isin MAiNtMA Ivor li«i ksi kAy Iwc |w« m utiANwiA is*«iiw*H jk ia/* »/l i/i i. i 5, > iia_ ON MWHAtT UL UJ_ JuL 7» UJL aii_ im wx> 2L llii- Jll- IILL U/J- 7MEILAI lm it I7M WSAH ItfcE 5/ 7
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      566 43 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL IMIHAI OAMMAN MIAkIAII DOHA Mtlv Al HAIH.AIM Ann IXIAHI HANI lAN AKKAS UIHIAIt FAR EAST ACCEPTING FCL/LCL HMAN), P KIIAIW. lAKANIA HANOuK IklNl. IM>N(. IMVVAN IAI'AN MANN A KONI A UK/EUROPE ACCEPTING FCL/LCL 1 dNIHJN 11 (ULS l( )W( II IDs lIIBIW>
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      539 43 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSL FREITAL ETA SIN 10 MAY TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKING lUCAY IRANSttWI I IRIIGHI
      539 words
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      421 43 SIM FM EAST 10/5 KEELUNG/KAOHSIUNG 10/5 BANGKOK 08/5 MANILA/CEBU 05/5 JAKARTA/BELAWAN/SURABAYA 11/5 PORT KELANG/PENANG/E. Malaysia 11/5 BUSAN 10/5 TOKYO/YOKO/KOBE/NGO/OSA 10/5 HONG KONG SIN CjUNA 10/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUHOPE/8K 09/5 LDN/FLX/LVP/SOU 09/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN MSA/CANADA 10/5 LOS
      421 words
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      968 44 ICii FIL CONTAINER SERVICES PTE LTD f MADRAS CALCUTTA VSL SIN/MADRAS [vSL SIN/CALCUTTA SIN MAO SM SIN CM SIN NUI AVAIIABIt IN PUKI 06 08 04 14 14 OS WXI AWAIIABU 03 04 04 11 lb 04 22 li 04 04 04 04 10 12 04 1* 19 04 0/08
      968 words
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      427 44 BontermJ CONTKRM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 13th May BANGKOK 5 May FREMANTLE 10 May EUROPE 3 May GOTHENBURG 10 May PENANG 4 May PORT KELANG 4 May JAKARTA 5 May MELBOURNE 10 May SYDNEY 10 May (£>235 0633 (KATHLEEN/ NiCHOLAS/ MARILYN) P.Kelang:
      427 words
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      505 44 This Week's Sailings I x etS 77 KTD Io: Singapore Singapore Bangkok 1.1.05.02 "CwerT j iff ft, Los Angeles I Manila 08.05.92 (Onforwarding To Mid West/ 10.05.92 Colombo 111.05.92 Tel: Fax: (iitna u«i/ 0m U Singapore 778 6522 779 2738 A Gtft&r Johore 07-*****8 07-*****3 Alfred Ng QSS lrt JBfc'
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      506 44 M UJ.ILJJ.IIJI-J,IJJ.JIIIIJJ FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 62N8 9/5 vigour Singapore 26nb 16/5 BANGKOK 10/5 17/5 BUSAN 11/5 18/5 I HONGKONG 10/5 17/5 USA 11/5 18/5 PI LOUIS DURBAN 6/5 18/5 KEELUNG 11/5 18/5 PT KELANG 8/5 12/5 OSAKA 5/5 12/5 PIRAEUS 6/5 18/5 KOBE 10/5 17/5 IAKARIA 8/5
      506 words
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      9 45 Managers must manage. BT shows you how every Monday.
      9 words
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      311 45 vO c vO c vQC vOc vOc Oc vOc U VAN OMMEREN CETECO GROUP > TRANSPORT DIVISION > V VOTAINER CONSOLIDATION SERVICES: f] THE ONLY CONSOUDATOR WITH WORLDWIDE NETWORK fl \J Weekly FCIACL Services Toflrom \J > USA EUROPE FAR EAST > Baltimore Voialner Consolklalton Services Hamburg Van Ommeren Hamburg
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      292 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 **********00 **********00 1800 1900 **********00 2300 IR 31 28 24 1 7 1 1 0 7 04 04 05 10 16 2.2 25 26 24 20 15 1 1 09
      292 words
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      285 46 ULTIMATE FREIGHT SERVICES AUSTRALIA H parti USA -Stat*, Mm* SFO. U. t«l 117 Ml m rl PfIMS lu pvtt HK meUm Qms CANADA Calgary, Ednoaton. ItotrNt, Bhmwtfc, BANGKOK few* urn T' MAURITIUS U» EUROPE fat>w, Hamburt ioHwiw. tastwdiM. PACIFIC ISLANDS u**a, ESU Pam, Lat, Cepe*nw» SMM* Papula. Howm S. AFRICA
      285 words
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      Page 46 Advertisements Column 2
      379 46 I coscol UKC CONVENTIONAL SERVICE VESSEL PKL PNG P O. LOADING FOR A VESSEL 28/05 Rotterdam/Antwerp CHM4A CONVENTIONAL SERVICE VESSEL PKL PNG P Q LOADING FOR KAIHENG 15/05 20/05 Huangpu/Guanotfioo COSCO FULL CONTAIMER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACHI Please refer above
      379 words
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      372 46 c Jp|£i i r 1 1 1 I —Z m Shjn»?hji I fconnection. -f We Offer LCL FCL Express Service to Most Points in China For more information. Competitive rates and reliable service A I ..w• e Call Our Customer Service At Te1:227-4788. WORLDGATE EXPRESS UNES PTE LTD Tot: *****11
      372 words
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      105 46 B ALPHA FEEDERS M. V. ARKTIS CARRIER Voy No. SIN P. Gudang SIN PLM SIN 9201 N 6/5 7/5 9201 S 8/5 9/5 9202 N 9/5 9/5 9202 S 10/5 10/5 9203 S 11/5 13/5 9203 N 14/5 15/5 9204 N 16/5 16/5 9204 S 17/5 17/5 9205 S 18/5
      105 words
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      1252 47 4 HYUNDAI JWERCHANT MARINE CO. j-TD. VIA FEEDER PACIFIC SOUTH-WEST SERVICE PHA* PRE* PGP* SW TO USA TOY MO LBH OAK OAI/HOU CH SLU NTC 28/04 22/04 24/04 01/05 H. INNOVATOR 49E 08/05 25/05 28/05 28/05 29/05 29/05 31/05 05/05 29/04 01/05 08/05 H EXPLORER 48E 15/05 01/06 04/06 04/06
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      488 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu vot sf m koc u COSMIC CNAUIBCtI It 4/S 2 i MM HIM 12 4/S OAIIA ROM 3 OS II sons Ai n »i us TIMS MIO 19 115 MM IS S TMKMC (IMS 22 12/$ U S
      488 words
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      771 47 EXPORT TO: iH^^H JEDDAH/UK/CONDNENT I STOW I*o S'tON HBURG ROAM LIH •Mu Acceptn Carp far KAISURAGI Vll/111 7/5 lt/5 30/5 2t/S 25/5 Rotterdam to Antmrp Aireterdsn (hto Hchftiu IHAMS 11/311 10/5 27/5 29/5 1/C 2/t Southampton to al UK dnbnatan. Belfast and Dubki LA SIN 24/115 14/5 23/5 2/C I/O
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      129 47 I mmmmm mas shipping pte. Ltd. MmJ 39 NEIL ROAD SINGAPORE 0208 MflV TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCIPn PORTS OF STOIC CARGO DCSTMATKMS MIRCURV MH MM In PI OS M*> Akura I jtxun. M BWIMK BTIMT «1« OS Ot Kit 02 0* Mir Mk OinAlK SON* Vllt
      129 words
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      152 48 ?""<('??}[_-)!:_]`(@&;-]=`>;@>, NOTICE LOSS OF ORIGINAL BILL OF LADING We wish to advise the loss of the following original Bill of Lading: Bill of Lading No.: SIN *****6-00 Vessel ACX DAISY V.258 ETD 24 April 1992 From Singapore to Tokyo Please treat the above Bill of Lading as NULL VOID. MAPEI
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      47 48 Every Saturday in Business Times Enquiries Welcome L* Shipping Services y 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 M^M? Y *****94
      47 words
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  • Banking, Finance & Insurance '92
    • Article, Illustration
      Lock icon Managing the tiger
      415 49  -  By S N Vasuki Economists just iove to use zoological metaphors to describe Asia's dazzling economic miracle. There are the "tiger" economies of Singapore, Hongkong, Korea and Taiwan, and "little dragon" economies of Malaysia, Indonesia and Thailand. To go down the same path, the tiger is perhaps
      Photo by Arthur Lee  -  415 words
    • Article, Illustration
      Bogged down by savings
      1283 50 Fiscal policy options to stimulate world economic recovery are explored in the following article WORRIES that the world faces a capital or savings shortage are misplaced. In the short run economic recovery is being held back by an excess of savings, as consumers and businesses delay
      1,283 words
    • Article, Illustration
      Lock icon Born again in the USA
      1191 51  -  US banks and savings and loans institutions did not cope well with deregulation, writes Alberto G Lapuz. A few banks, however, are bouncing back and there are clear lessons to be learned from their sobering experience Alberto G Lapuz The writer is an international management
      Source: American Banker, various analysts estimates, 1992; Source: Federal Deposit Insurance Corporation, Federal Home Loan Bank Board, 1992  -  1,191 words
    • Article, Illustration
      Time for a breather
      928 52  -  There is a certain element of predictability in the thrashing that Japanese bank shares, once the creme-de-la-creme of the Tokyo stock market, has received in the hands of anxious investors. SN Vasuki reports. SN Vasuki The writer is a BT correspondent Nightmare at Kabutocho" will probably
      928 words
    • Article
      The crucial, survival factor
      1432 53  -  Banks have become increasingly preoccupied with trying to increase and upgrade the quality of their capital base. Fang Ai Lian reports Fang Ai Lian The writer is a partner of an international accounting firm Many banks continue to focus on riskbased capital regulations that went into
      1,432 words
    • Article
      Working towards a single currency
      629 53  -  Roy M Brittain looks at the European Community's efforts to achieve monetary union Roy M Brittain This article was compiled by the writer who is a partner of an international accounting firm The achievement of the single European market in 1992 will change the rules
      629 words
    • Article, Illustration
      Lock icon A period of consolidation
      1268 54  -  With its good financial services infrastructure, Singapore emerging as the financial centre for South-east Asian economies. Sunil Gupta reports. Sunil Gupta The writer is the regional banking analyst of Crosby Securities in Singapore AFTER having witnessed tremendous growth in 1988-1990, the banking industry took a breather
      Source: Crosby Securities  -  1,268 words
    • Article, Illustration
      Bouncing back with a boom
      1191 56  -  In spite of a few misgivings, most bankers and analysts feel there is money to be made in banking in Malaysia, writes Leslie Lopez Leslie Lopez The writer is BT's Kuala Lumpur correspondent AFTER a decade of scandals and clean-ups. Malaysia's banking sector is pushing
      1,191 words
    • Article, Illustration
      Big strides for a bigger goal
      1363 57  -  The Bank of Thailand recently announced its decision both to implement the BIS guidelines and to introduce measures to develop the local capital markets. Ben Davies reports on the rationale for this and the implications for the country. Ben Davies The writer is a
      1,363 words
    • Article, Illustration
      Lock icon Designed for a soft landing
      1157 58  -  The one year of consolidation engineered by Indonesia's central bank appears to be achieving the soft landing it was designed to bring, writes Maggie Ford Maggie Ford The writer is BT's Jakarta correspondent MR Adnanus Mooy. governor of Bank Indonesia. the central bank, pronounced the
      Source: Baring Securities  -  1,157 words
    • Article, Illustration
      Vietnam's sweeping reforms
      1636 60  -  One sector which Vietnam is opening up, though with the greatest degree of caution, is oanking Harish Mehta reports on the past, present and future of banking in this Indochinese country Harish Mehta The writer is'a BT correspondent' UNCLE Ho gazed down for many years at the
      1,636 words
    • Article, Illustration
      The role of the foreign institution
      1168 61  -  Danny Chan looks at how foreign institutions have played a part in Taiwan's liberalisation of its financial markets Danny Chan The writer is managing director of Fidelity Investments (Taiwan) Limited DUE TO rapid economic growth over the past four decades, Taiwan has accumulated a
      1,168 words
    • Article, Illustration
      Scandal, inflation deal hard blows
      1547 62  -  Catherine Ong reports on how HK regulators moved to restore the people's faitn in the banking system in an eventful year Catherine Ong The writer is BT's Hongkong Correspondent BETWEEN the persistent problem of inflation and the sudden collapse of the Bank of Credit and
      1,547 words
    • Article, Illustration
      Recovering from years of living recklessly
      1199 63  -  Australia is offering incentives to banks in a bid to ease on their lending criteria and get the country's economy moving. Florence Chong reports Florence Chong The writer is BT's Sydney correspondent. WHEN Paul Keating became the Prime Minister of Australia, on his list
      1,199 words
    • Article, Illustration
      Seeking diamonds in the rough
      1851 65  -  Bertrand Bartlett and Joanne Koh examine the role of venture capitalists or direct equity investment funds in the marketplace. Bertrand Bartlett,Joanne Koh Mr Bartlett is assistant manager and Ms Koh is a manager with CEF (Singapore) Limited. MOST experts believe that the Asia-Pacific will lead
      1,851 words
    • Article, Illustration
      Thinking globally, acting locally
      1437 66  -  Russ Magarity on how Chase Manhattan manages to maintain its competitive edge in Asia Russ Magarity The writer is managing director of Chase Manhattan Asia Limited INVESTMENT banking assignments take many forms. In some, the role is purely advisory, helping to revitalise an underperforming company or
      1,437 words
    • Article, Illustration
      From merchant bank to branch
      1545 67  -  Many foreign banks in Australia are keen on upgrading to become a branch of their head office. Florence Chong reports Florence Chong The writer is BT's Sydney eorrespt mdent ASIAN and other foreign banks operating merchant banks in Australia are awaiting guidelines from the Reserve
      1,545 words
    • Article, Illustration
      Going regional is the name of the game
      1266 68  -  Andrew Smith surveys the challenges facing merchant banks in the Asia-Pacific Andrew Smith The writer is chief executive of Standard Chartered Merchant Bank Asia Ltd There is no doubt that Asia is an economic powerhouse. The four "tigers" Singapore, South Korea, Taiwan
      1,266 words
    • Article, Illustration
      Set for more years of leadership in Asia
      1082 69  -  Citibank, which aims to maintain its leading edge in Asia, will remain committed to providing excellent customer service and product innovation, write Jeannine Farhi and David Conner Jeannine Farhi,David Conner \fs Farhi and Mr Conner are vice-presidents from Citibank v Global Consumer
      1,082 words
    • Article, Illustration
      Lock icon Catering to that first class client
      1243 70  -  How true is this image of private hankers sitting in very smart offices with fine art pieces hanging on their walls, giving out expensive presents to clients and entertaining lavishly? Alistair Riley takes a look behind the scenes Alistair Riley Ihe writer is the
      Dollars and Nonsense  -  1,243 words
    • Article, Illustration
      Risks and controls in private banking
      1118 71  -  Banks have to balance the concept of fast personalised services with prudent controls, write Paul Ma and Daisy Lim Paul Ma,Daisy Lim Mr Ma is a partner while Ms Lim is a senior manager of an international accounting firm IN recent years, as banks
      1,118 words
    • Article, Illustration
      Shakeout in a glamour industry
      886 72  -  Forex dealers are facing their toughest test yet, but Chew Eng Han sees a silver lining behind the dark clouds Chew Eng Han The writer is a BT journalist THE foreign exchange industry is going through a long-overdue shakeout. but the pressing question right now
      886 words
    • Article, Illustration
      Lock icon Digesting the Big MacCurrencies
      1070 73 A Big Mac not only tells us something about the tastebuds of a country but also its currency's exchange rate The Economist THE ECONOMIST'S Big Mac index was first launched in 1986 as a ready reckoner to whether currencies are at their "correct" exchange rate. It
      The Economist  -  1,070 words
    • Article, Illustration
      Tax track to the top
      1413 74  -  Jean D'Souza discusses the role of incentives in developing a financial centre Jean D'Souza The writer is a director with an international accounting firm in Singapore The growth of Singapore's financial services sector has been nothing short of spectacular, in spite of the small size
      1,413 words
    • Article, Illustration
      A model of regulatory engineering
      1445 75  -  Jenny Lim and David Lee on the role of tax incentives in Singapore's financial infrastructure Jenny Lim,David Lee Ms Lim is a partner and Mr Lee is senior tax manager of an international accounting firm THE traditional view of taxation is that it is a
      1,445 words
    • Article, Illustration
      A tale of two cities
      1366 76  -  David Toh ventures a comparison of taxation of banks between Singapore and Hongkong David Toh The writer is a tax director of an international accounting firm LIKE all corporate entities, banks in Hongkong and Singapore are subject to the laws of the land. The rates,
      1,366 words
    • Article
      Sprucing up Down Under
      1066 77  -  Winnie Liew and David Scott examine the Australian challenge in financial services Winnie Liew,David Scott The writers are partners of an international accounting firm in Singapore IN FEBRUARY this year. Australian Prime Minister Paul Keating announced an economic statement aimed at boosting business confidence as a
      1,066 words
    • Article, Illustration
      Accounting for loan losses
      1214 78  -  Dealing with the problem of loan losses actually starts not when the loan defaults but at the credit evaluation stage, writes Chaly Mah Chaly Mah The writer is a partner of an international accounting firm in Singapore. WITH the anticipated slowdown in the rate of economic
      1,214 words
    • Article
      Bond issues that warrant a closer look
      1913 79  -  What's the best way to present bond issues with detachable warrants in the balance sheet? Chaly Mah examines the issue Chaly Mah The writer is a partner of an international accounting firm in Singapore. THE increasing popularity of bond issues with detachable warrants
      1,913 words
    • Article, Illustration
      TQM — for that extra edge
      1367 80  - TQM for that extra edge Tan Bien Kiat explains how financial institutions can redefine quality and enhance it through Tan Bien Kiat The writer is vice-president and regional director of of AT Kearney. Inc ANEW understanding of Total Quality Management (TQM) is now emerging. While traditionally we have thought of
      1,367 words
    • Article, Illustration
      Hot jobs of the future
      1443 81  -  Rose Siow and Peggy Lee survey the fast-changing world of finance in the region and highlight... Rose Siow,Peggy Lee The writers are with R Andersen Partners Pte Ltd, an executive search and management consultancy firm in Singapore ITS TIME to remove < the dust-cover from
      1,443 words
    • Article, Illustration
      EIS: a crystal ball for top executives
      974 82  -  The need to get key information quickly and in a digestible form is crucial to business success. Michael Fleming explains how the Executive Information System can provide such data. Michael Fleming The writer is a director of Coopers Lybrand Management Consultants Pte Ltd
      974 words
    • Article, Illustration
      Lock icon A tool to sharpen the competitive edge
      1231 83  -  Are oil 1 1lie-shell financial packages a boon or a bane to banks? Philip Oh examines the issue Philip Oh The writer is senior manager in the Financial Systems Practice of Coopers A Lybrand Management Consultants Pte Ltd SOMI years ago, I spoke
      Dollars and Nonsense  -  1,231 words
    • Article, Illustration
      Company research for the asking
      703 84  -  Karen Lui explains what SPH's database can do Karen Lui The writer is Editor, Business and Finance of the Electronic Publishing Division of Singapore Press Holdings Easily acccssibie information on all publicly listed companies at your fingertips 18 hours a day with such up-to-date information,
      703 words
    • Article, Illustration
      Never the twain shall meet?
      1683 85  -  Richard Jackson looks at the move by banks into insurance Richard Jackson This article was written by Citibank's region head of insurance banking and was first published in the Asia Insurance Review Buzzwords like one-stop financial centre and universal banking are eroding the long established
      1,683 words
    • Article, Illustration
      Life becoming more important in S'pore
      1153 86  -  The proportion of Singaporeans covered by life insurance has risen to about 42 per cent. Allen J Pathmarajah examines the role of insurance in financial protection, and as a medium for long-term savings and investment Allen J Pathmarajah The writer is director and genend
      1,153 words
    • Article, Illustration
      Lock icon Insurance innovations set to catch on in S'pore
      702 87  -  Tan Suee Chieh sees that Singapore offers potential for a new range of life-assurance products that are popular in the West Tan Suee Chieh The writer is general manager and actuary oj Prudential Assurance Company Singapore Pte Ltd. AWAVE of new life-assurance
      Source: Prudential Assurance Co.Ltd  -  702 words
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      Guarding against unlimited liability
      691 88  -  Howard McClure reports on how globalisation has boosted the insurance needs of Asian financial institutions Howard McClure The writer is Pacific zone manager, financial institutions department, of Chubb Pacific Underwriting Management Services. THE economies of the Pacific Rim have undergone tremendous growth in recent years as
      691 words
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      A talent for specialty coverage
      743 89  -  More and more financial centres today are capable of handling sophisticated insurance needs of banks. David French looks at one in particular. David French The writer is Pacific zone marketing manager of Chubb Pacific Underwriting Management Services. WHEN people in the insurance industry talk about
      743 words
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      Security for capital investments offshore
      1472 90  -  Davy Chew offers some useful suggestions to help you avoid mistakes which may prove costly when buying insurance for your business Davy Chew The writer is Manager-Operations of NZI Insurance RISKS are involved in any business venture. Even now so as companies venture away from
      1,472 words
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      Visa's vigorous growth in Asia
      1308 91 From 1989 to 1991, the number of Visa cards circulating in the Asia Pacific region has almost doubled to 50 million and the number is still growing TODAY there arc nearly 300 million Visa card-hold-ers, able to use their card with its famous blue, white
      1,308 words
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      No limit to taking charge
      1209 92  -  Peter Ellis lists the benefits of having an American Express charge card Peter Ellis The writer is senior vice president and area genera! manager. Asean and South Asia, of American Express t ravel Related Services CHARGE and credit cards are a way of life in
      1,209 words
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      Lock icon Passed muster
      954 93  -  Choo Weng Chuk reports on MasterCard's strategy for expansion in the region. Choo Weng Chuk The writer is South-east Asia general manager of MasterCard International. CLOSE to 10 million merchant establishments honour the MasterCard card, a fact that places it in an enviable position when compared with many
      Photo by Arthur Lee  -  954 words
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      Growth on the cards
      998 94  -  James Koh examines the state of the card industry James Koh The writer is general manager-operations of Diners Club (S) Pte Ltd ONE EVENING in 1950, Frank McNamara. an American commercial credit specialist, was entertaining several dinner guests in a downtown New York restaurant. Reaching for
      998 words
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      Anytime, anywhere
      1166 95  -  That's the promise that global debit cards hold, writes Patrick Yi as he looks at the latest trends and developments in the field Patrick Yi The writer is general manager of Sets The global debit card will take centre stage in EFTPOS (Electronic Funds Transfer at Point of
      1,166 words
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      A new lease of life
      1010 96  -  Shoeb Kagda explains what the Singapore government has done in order to bring back speculators and liquidity to the rubber market Shoeb Kagda The writer is a BT journalist IT WAS a shot in the arm that was sorely needed. For over 80 years, Singapore
      1,010 words
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      Lock icon Back to the futures
      995 97 The Singapore International Monetary Exchange, or Simex, has experienced phenomenal growth since its inception eight years ago GROWTH, a byword of the Singapore International Monetary Exchange (Simex) has been experienced in multifarious dimensions and areas. Right from its inception in 1984, Simex has exhibited strong and
      Source: Simex  -  995 words
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      Lock icon So you want to buy an office
      1500 98  -  PROPERTY Willy Shee gives a guided tour of prospects in some major Asian cities. Willy Shee The writer is managing director of Richard Ellis. Singapore. THE properly investment markets of most Asian cities have been relatively quiet over the past year due to
      Source: Richard Ellis  -  1,500 words
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      Lock icon Capital values consolidate in property investment market
      857 99  -  Although the market is not bullish, those who are waiting for a crash will be disappointed, says Low Fatt Onn Low Fatt Onn I lit writer is Asia Jireilor unit t'.veintive dtra tor of Jones I.ant; IVoiHlon INVESTMENT sales of property (loosely defined
      Source: JLW Research March 1992  -  857 words
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      Factors to consider
      1051 100  -  While the more mature markets are slowing down, new factoring potential as seen in Thailand and the emerging economies appear to be taking centrestage in the factoring industry. Lee Yoke Meng reports. Lee Yoke Meng The writer is manager (corporate and international relations) of the ECICS group
      1,051 words
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      Investing in a unit trust
      1355 101  -  Tan Kee Wee explains how a unit trust can be used as part of your savings scheme Tan Kee Wee The writer is assistant vice-president ofOCBC Asset Management Ltd VERY few of us earn so much and spend so little as to be left with
      1,355 words
    • Article
      Fund management in Singapore
      1142 101  -  Frances Chan examines the trends in the local unit trust industry Frances Chan The writer is a senior marketing executive of DBS Asset Management Ltd THE FIRST unit trust to make its debut in Singapore was the First Singapore Fund in 1959. It spawned a whole
      1,142 words
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      An alternative in asset allocation
      1115 102  -  Bryan Sudweeks examines how asset allocation can play an important part in Asia's emerging markets Bryan Sudweeks The writer is managing, director of the San Francisco-based Montgomery Asset Management IT IS by no means improbable that the 1990s will be considered the decade of the
      1,115 words
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      Chinese bourses — promises and problems
      1130 103  - Chinese bourses promises and problems The lack of basic physical and legal infrastructure is a setback for the Chinese stock markets, says Nicholas Kwan Nicholas Kwan Ihe water is a senior economist and vice-president (Asian Economic Research) Merrill l.yneh A Co. ihis article first appeared in a recent issue ot
      1,130 words
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      A share in Singapore's success
      1119 104  -  David Guest looks at what lies ahead for Singapore's stock market David Guest The writer is managing director of Hoare Govett Securities (Singaporej Pte Ltd SINGAPORE is in another of its periodic depressions with the stock market having fallen nearly 9 per cent from its
      1,119 words
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      422 49 CONTENTS The Big Picture Pg 2-5 xr~ J Savings and the world economy; p Lessons from American banks: Japanese banks under pressure; flßfl Capital Adequacy Ratios; ECU Country Insights Pg6-15 [W. wBl Hjl Singapore; Malaysia; Thailand; Venture Capital —Pg 17 Jui* u.% Merchant Banking Pg 18-20 Investment banking; Prospects Down
      422 words
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      141 50 EXPRESS SHARE LOAN Turn yourshare\ jgp j intocash instantly at Get cash on the spot for your shares for 1,2 or 3 months at 1% per month. Scripless counters are also accepted. Flat (discounted) For more information, call our toll-free numbers. Hong Leong Finance 223 0936 Singapore Finance 226 3398
      141 words
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      184 50 >.njjv *Mg>*■ A CUT TO SUIT EVERY BUSINESS POCKET —"^™™"™"™""~We've snipped quite a lot off our usual rates without cutting any UNTIL /USE 30th. 1992 corners on our usual serv ice and style. SPECIAL ROOM RA TES now t^c c ar i ton can f lt y our business needs
      184 words
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      183 51 .Arthur travel Andersen related «HH SERVICES ARTHUR Andersen Co SC An American Express company 27,000 sq ft 85,000 sq ft Keppel outers The Concourse 41,000 sq ft 62,200 sq ft Marina Bayfront UOB Plaza National/Panasonic ASIA MATSUSHITA ELECTRIC (S) PTE LTD 45,200 sq ft SONY The Concourse 0 Sony International
      183 words
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      102 52 There are more to fixe/S deposit rat/es than meel/s the eye. All/banks give the facts. We give you more than that.^ We realise that being one of Hongkong's oldest premier b/anks, we are more i than financial services fixed deposit rates. We have a moral responsibility to /our customers. i
      102 words
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      52 52 PELIKAN TOLEDO I mrlv i h.iM'd ISK 20K jL WRITE IN COLD u r, l S n:: ,:i i til, V,.M \'l 1 >, > 1 n:; 11 i i v i ifolikan 0 \1 ii-' -in.; ip V V 1 1 1 x m v IVhk.in 1.11.i\ -I.i I'lc
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      233 54 THE FIRST FAX OKI PLAIN PAPER FAX TO OUTPERFORM /^<t O (o m)o AVOLKSWAGEN When the Volkswagpn was launched in Amenca in 1954 it did so with one simple headline "THINK SMALL" It took the very best of big car features and got nd of the very worst Including the
      233 words
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      Page 54 Advertisements Column 2
      178 54 When it comes to foreign exchange, Deutsche Bank means expertise. A fl fl 1 Around the world, Deutsche spot and forward transactions, Bank means expertise to swaps and other innovative importers, exporters, traders and instruments. When it comes to hedgers alike. foreign exchange, come to the Operating from 20 major
      178 words
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      293 55 Hj;; jl H' v *H s #*> '<*. J v Mili!LJOltM«i^iß^yE^^a; JmmSheL4 ZStA<.... <j& m r ■wterMll i t*F' jjF 'v r /j w -#i wl^^^H Vj^K^|H^; V" V|. L BIH <% -> (tt JB&. Bi BBHB s S Nv"*'' j* s J Hk» 4 *s•.^ v V; v <m*
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      234 56 A Banker's Tale. With twenty-two branches in Or ACUfacilitieslikeleveraged Singapore, you would expect us to deposits and foreign exchange have a considerable amount of margin trading? swish. And when you visit Malaysia, In our tail, as well as our tale. it must be reassuring to know we That, and the
      234 words
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      163 57 The key to know-how The key to the legendary Raffles Hotel in Singapore. First opened in 1887, it has more than a century of experience and know-how in serving its international clients. Inflation is running far ahead of the return on your local deposits. So you have to act now
      163 words
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      Page 57 Advertisements Column 2
      127 57 LONGDJES <; \JMr N U VV 11 In stivl and gold Water resistant Sapphire crystal. At atlahle in a rich cl* nee i>f models and metals IMH| JttKKr calls for many qualities, VHP (Very High Precision) is probably the not least shrewd judgement. So does most advanced watch in the
      127 words
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      137 58 L 1 *fe3ft|l W M jf. I Hi I ra I X w M K»*BaaB I r >>■ v X iS* ffSr I I „,;lf I //I I P, 11 Wn I Hi il I I r* f I I HI i JS»I W// JBk SB mP I li aSB
      137 words
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      60 59 g- <Kn v wIHHRKfI F IBM TOWERS CITY HOUSE Imited is the architect behind a succession of top notch projects. I is proof of our pedigree as a reputable property developer. ;ll j SU-JaS iiifcl-Haii i Sam CASHEW HEIGHTS City Developments Limited 56 Robinson Road #20-01 City House Singapore 0106
      60 words
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      41 59 ORDER FROM t'\ et <h.\tn;ini; view line on 11 nen t .)l iiiiMiii' o I t hi' tmi'sl wines in the I I 111 I K I That s the oulrr ki.i\ I\>p ot the M Sin^.ipote Road Swig***, o*:* MMMiHHHrtHaHaHHHBBHHMM
      41 words
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      25 60 w.y:-v.-: mmmrnrnm: uj -rnMsmmm PA SST S iiMNi umm;. MBg mm hk^ pour Homme, an accditt^ofe|^^j|^J V)'* */i I' Mntro P.ircU|on .'.*.'%•> Sf/f >■ J ;^;^v,^r.'•'.v v."
      25 words
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      221 61 ceolß 2jjJJTJ| THE NEW CROWN. Introducing the all-improved roflMH new Crown. The Crown has always been an exceptional car for exceptional men. And the all-improved new Crown goes even further in being an exceptional statement of Success. With its modern and refined good looks. No wonder those CEOs who give
      221 words
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      33 62 GRANT OF ARMS TO AQUASCUTUM LTD quascutum X OF LONDON Aqua&utum Shop: Raffles, 328 North Bridge Road, #01-14, Singapore 0718, Tel: 334 3248 Also available in department stores: Daimaru, New Isetan Orchard, Tokyu.
      33 words
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      176 62 HULL SAMUEL MMMMMMNMMMMMNMMMMMMMMNmiMIMMMMMMMMNNMM PRIVATE BANKERS Open the door to global property finance No two clients' mortgage needs are the same and that's why at HILL SAMUEL we provide the ultimate in highly flexible tailor-made loans to suit individual requirements. If you're thinking of buying currency switching I I a residential
      176 words
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      183 63 HOME Home is the most lovable place on earth! Going home after a long day is like a tired bird flying back to its nest. There is no other place you are as reluctant to leave, or you could be as proud of, as home, ua *^lE&VHMfer£pi^Hik^^^^^H^E^^^S!S&23iH^^^^^fllK33P .^^^^ftg^ggßSggggßß?!BE«lißM We understand
      183 words
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      219 63 $1,000 Invested In UniFund In 1986 Is Now* Worth More Than HBB •As at 31.3.92 To be precise, it's a gain of 164% that outperformed 1111 the 99% rise in the Straits Times Industrial Index over the same period (10.6.86 to 31.3.92). UNITED OVERSEAS BAIMK CROUP Singapore's leading banking group
      219 words
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      254 64 Scientists estimate that the Continental Drift could bring Singapore and North America together in 10 million years. Vife aui do it overnight. Guaranteed. Or your money hack. v A system so advanced tkv&rM J* Thanks to Federal Express, '"£4 rth it's enabled us to gain 'Vt... y 1 America you
      254 words
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      54 65 -8 •> i it W MPHMMK Duplex SPS SPS-1 SBB^bbhbb|H^HHH^^^HHH|| Effective Duplex P Semi-Duplex I Speakerphone I I Systems For Exchange Dealing I Rooms Approved By TELECOM :o I I To Receive JE^Um Please CcLll GENERAL ELECTRONICS INSTRUMENTATION CORPORATION (PTE) LTD. Systems Division: Block 6, Syed Alwi Road #02-351, Singapore
      54 words
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      Page 65 Advertisements Column 2
      465 65 In computerese, any software that sells under $lk is a program. Above $lk they call it a solution. You'll be offered many so-called solutions before you retire. Each solution has to come from the cost/ installed working and up-to-date well after quality/time equation. If it's a good answer to you
      465 words
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      371 66 WHEN CURRENCY borrow in a currency whose value will fall against the currency you convert to. MARKETS WE CAN HELP YOU SEETHE LIGHT. Currency exchange rates are known for their volatility. And yet, standing of currency and interest rate movements is essential. To help, people who understand the nature of
      371 words
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      148 67 BANK OF NEW ZEALAND FOR YOUR FOREIGN CURRENCY DEPOSITS. fCINVEST WITH CONFIDENCE IN THE WORLD'S LEADING CURRENCIES. TERMS NZS AUS IiSS STERLING t DM ECU l MTU 5.9% 6.1% 3.625% 9.9375% 9.125% 9.125% MIN AMF 20,000 20,000 20,000 10,000 20,000 30,000 INIFRI sr RA If A I PRFSN lIVI IN
      148 words
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      Page 67 Advertisements Column 2
      135 67 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      135 words
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      116 68 The fact that we handled Ss7Bo in fact, tn the first quarter Of .m -one. W*h i*.i r r n nnhr '--^m^mm million. This can only mean two thin*. The people at lones Lang Wootton are dearly business. And they aiemakln« a great deal of money. 80 much themselves, but
      116 words
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      267 69 Bgikj. —raTifS" feMgM|MM|gagH g;:. .'asy f THE ULTIMATE DRIVING MACHINE OR MERELY THE BEST CAR IN THE WORLD? For those who can afford the best life has to offer there are few cars as rewarding built-in memory, place you comfortably behind the wheel at a touch of a button. as
      267 words
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      254 70 VV<*3 ~W I face it, speed thrills. copier senrice (Fer tkere prokakly wouldn't be any pkoto kootks, fe express pizza delivery, er super line, either.) y- 1 J- i I 1111 •lu iI I IM Mh H'iTi i U I Jf I J B B I I I J 1
      254 words
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      463 71 AT DBS BftllK. WE OFFEB VOU THE FLEXIBILITY TO ENJOY *y«: :imsmzKK msimtm inwwimi MORE FRUITFUL BETHBMS. Are you looking for alternative investments to diversify your new currency when your FD matures. portfolio? And at the same time looking for flexibility in your foreign We can also quote a forward
      463 words
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      157 72 OlilifitiiiM i'i i M "'1 -"-jp ™3Bfcfcte_' Mr ii Hfe> r V li iSpr 99 HMI \greHM««kW &Ml A j|9 REACH FOR THE GREATEST. YOU'VE GOT THE BEST GOING FOR YOU. With Great Eastern Lite, you can put policyholders the largest amount ot benefits In SERVICE because we always upgrade
      157 words
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      Page 72 Advertisements Column 2
      177 72 Understanding people and the value they bring to an organization is the core of an effective search consultancy. IN EXECUTIVE SEARCH SINCE 1946 CAs the world's longest established search firm, Boyden combines proven techniques with a high level of personal attention to provide prompt and positive results. 1 Boyden has
      177 words
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      176 74 my» <| u--: •>". ■j*stm &msm mKKt SPf. >> :jf%&. %ZglH gpip i@HI PRP v, v* -ym^-'+.-S& *fer ■»**s.■ v •>• 5 &d&£j& $S; r/v#- 1 a r <~ WHEN YOU NEED THAT COMPETITIVE EDGE TO SUCCEED IN WORLDWIDE FINANCIAL MARKETS. An cvc for detail A razor-sharp mind of a
      176 words
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      186 75 1'- I l jj| jiMkgJ JBiI '-Us E HPI Wb2*S \-$M >/ Ifei-i fci J k jX Zfl M| I I H~ k^>X v 6 .&mk«**uA Ul^B Im I SAW. I saw a car with a 3-litre V 6 DOHC. 24-valve electronically position by a computerised memory. And not only
      186 words
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      140 76 of that commitment. To homeowner, guarantee of distinctive homes, After pioneering the development of housing addresses and superior-quality fi projects in the 1940's Ban Hin Leong emerged features. More importantly, Springlet #s a distinguished hotnebuilder. Today, our name your assurance of our dedication, j |fc We took our lead from
      140 words
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      139 77 Springleaf Homes hallmark is the crystallization of that commitment. To homeowners, it is our I guarantee of distinctive homes, prestigious Lment of housing addresses and superior-quality finishes and L; Leong emerged features. More importantly, Springleaf Homes is I Today, our name your assurance of our dedication. No task nor took
      139 words
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      Page 77 Advertisements Column 2
      113 77 DON'T COME TO XIN just for the food. We know every of our dish is delightful. As our chefs always put their hearts and souls into creating exciting and innovative dishes. Our service is something to shout about too. Afterall. we are one of three finalists in the Excellence in
      113 words
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      158 78 AIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIUAIU I A U I A U I COMPREHENSIVE EXPORT CREDIT RISK DIRECTORS OFFICERS LIABILITY A U DOMESTIC TRADE CREDIT RISK PROFESSIONAL INDEMNITY I A POLITICAL RISK MALICIOUS PRODUCT TAMPER u I A U I A U I A it Only ONE organization in Singapore can cover all these sensitive
      158 words
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      154 79 The only other double-decker that has more London routes than ours. i t j _j ,1 i i WW 1 seats in every class. And lighter, healthier cuisines, a week to London, aboard our spacious double-decker J iIIMBSd P Everything, in fact, to make even time fly. 747 s. The
      154 words
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      285 80 a JSft\ Kh ftk *Jj B^^^^*Sl^Bl^^^^^^^^^Mttfc2^^^Hfi6iffiß^H^HfcMß ®i^B^^liHHl^^^^^wjKisS^3^2!^^^9^l§^s^sßPfllfllJllPl^^i^^B^Sßl^B T*' *ft} Tjf,, jm ViyjQ|aSvKJHy r The Europe of corporate opportunity knows no frontiers. In executive suites around the globe January 1,1993, is a red-letter day. As sies are crucial They alone make possible the systematic planning essential broad base of the co-operative
      285 words
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      155 81 '"Inr T Triiif 4-/\ With the continuing instability of many J. J. v-r W HJ vJA M. regions of the world, we at People's are "I constantly assessing the knock-on effects which an even keel may possibly be felt in this area. We are not insular in outlook and world
      155 words
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      132 82 v jm II !1 I I Hl I m 0 a I r mm I II r II II si I I J I'', JT -~jfl *^b ■^fl And because we know what life is all about, its not just your life that we insure. We assure your changing life-style.
      132 words
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      198 83 itjg% 4 |Hiii I v M I A M ■him Jmtr < Bi——BSiC cv -l '''BSgl —> El 1. r Ite 1 m 'ssss&* I .I, t' rrr BHI^HnVSIpV ■MM M H TO FIND OUT ...J fc wyf**i HHSfil I MaM^ i i.. "pr-m B^—l^>■ If you know someone whos
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      47 84 Turn here to open uoors. n n|K<r»ilii i fii Jk. v y» 5 V IB Hr Kbl I 9 I f\TniTvA'*%mmm*& MM glLjfl |1> a Wj IW-n i J -i 1 .\*WfLJ ■rr W I UkmMLJI. _i_*«diA V HB^SP^HF 1 ilil mfffff m 7 J rVv 'P
      47 words
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      227 85 WHEN THE FRENCH DESIGNED THIS MASS APPEAL WAS NOT THE Aeroaynamtcany perfect witn aCD figure as low as 028 DRIVING FORCE. (Is it any wonder we rarely nave towKays at our snowroom?) You prooaoiy haven t seen many XMs on the road uninitiated, neres an advice Beware when you drive
      227 words
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      403 86 Omega Speedmaster miI9BJP/wEt/r >^^.\ N i^Ty l. Sr steel with engraved inscription "The First Worn on the WJit jHfVI on the case back. HMH Swiss made since 1848. BscrJHß r If m jBF 1 »,«r OMEGA The sign of excellence. A*thori«d Retailer*: ALL WATCHES PTE LTD Lucky Pla/a Tel. *****73
      403 words
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      274 87 A COMMANDING PERFORMANCE THAT'S CLEARLY MINDFUL OF THE ENVIRONMENT. The new XJ6 3.2 is first and foremost a technology has refined its 6-cylinder engine to near seat belts. Central locking, electric windows and A final thoughtful touch of a marque whose driver's car. A rare blend of racing experience, silent
      274 words
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      541 88 Computers and Communications Whatever the size of your company. port system which allows any combination NEC has a range of advanced telephone of CO/PBX lines and intercom lines, it systems to suit your needs. These systems grows with your business. Besides a incorporate flexible communication two-line. 16-digit LCD. a host
      541 words
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      298 89 t± &L H f'p Starting out a new business? Thinking of 31 cm high, it can be installed in virtually renovating your office, shop or restaurant? any small space behind the ceiling. jjj^ Need a change for your home? Look no iftkWlO Circular ducts flexible enough to disperse |p fu,lher
      298 words
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      73 90 SOLID,SOUND SECURE THAT'S asißlife AND asia INSURANCE V FOR DECADES, OUR H rmy _J SOLID REPUTATION T* "T* HAS BEEN*^^"ENHANCED iSSrinSot BY OUR COMPETITIVE RATES gJJL g JltignHP TOGETHER WITH MM Stiff" PROMPT AND EFFICIENT VIVVr "TWBWWW" SERVICE. CALL US NOW FOR 55? ALL YOUR LIFE AND GENERAL INSURANCE REQUIREMENTS.
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      232 90 How to Make Money in the Market Method 1 Listen to your investment advisor 'We//, technica//y, if the market breaks be/ow 1350, there eou/d be some stop--/oss setting, but see good support at /325. On the upside, it tooks /ike heavy resistance at /J/5. However, if the market can trade
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      302 91 > until now. Enterprise jTomputing is a costly affair involves h«avy boa'rd'wfthout h»vf og toswitch softwafe or operating systems. This is made tV-# 'estment in hardware, operational space, specialist staff and software, anij possible through lie open architecture lysten which all<*vs you »o use the .V" ?3 |l k 4
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      174 93 Our style of Private Banking means relationship management through "a world of resources... a'personal commitment". Royal Bank of Canada Private Banking in Asia A comprehensive personalised range of services throughout the region and around the globe for investors with assets in excess of US$5OO,OOO. Discretionary Portfolio Management Global Securities Offshore
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      154 93 COMPETING ON CREDIT TERMS COUU) LOCK YOU M A TIGHT SITUATION Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be tied up in accounts receivables, restricting your company s growth. This is
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      706 94 Now the HotLine Pocket comes Handsfree, for free. Buy the Ericsson HotLine Pocket now and we'll Identification Memory, the HotLine Pocket give you a free package deal worth up to $953! can identify your callers and store incoming Manufactured call numbers. by Ericsson, the Flick-Up Antenna Its can be flexed
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      114 95 H. w^c 000^00^\^ dH :^j When Workplace can be in place within weeks. Workplace i$ one of the most technically advanced office furnishing systems in the region. With Workplace you get the best of all worlds: unique American design features, top-quality imported materials and fine workmanship, all backed up with
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      391 96 IF YOU WANT NUMBERS YOU CAN COUNT ON, THERE'S A SUPREMELY LOGICAL PLACE TO START. IhSine of the first things we all learn is that numbers begin at one and stretch into infinity. Somewhat later, financial professionals learn another important lesson, often the hard way. Namely, that not all those
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      117 97 MasterCard v -r -'I. TH^—^—i—^. -••j J. »V;e^jE.-. > -•£-<♦•.f-j>- fx. -Sa««i. a«c vwawaaEgs.* tat' nfffcTifirTTM n n^Bl^W^^^KiWWl '4>Xj i'l '"WST** '-Tt.- < 4 j^ I l' II b K jBBBBBI^^^I 3P MASTS R If 4 111 iB[W J *S I H I *jl BUltedl >:y&4£ vm k... H'f r
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      187 98 redit Lyonnais Rouse is one of the many financial and banking institutions that form about 60% of Singapore Telecom's International Toil-Free Service (ITFS) subscribers. With the service, Credit Lyonnais Rouse's clients abroad can call free-of-charge to them directly to seek their advice on treasury and foreign exchange rates. AN INVESTMENT
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      190 99 International Toil-Free Service (ITFS) offers Call-Free and Fax-Free facilities that can give your international business a real winning advantage. HOW J SI by C JI YOU CAN SEE ™«n g m HEAR Fax-Free to your THE OPPORTUNITIES phone or facsimile AROUND machine, your overseas customers can THE WORLD. contact you
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      120 100 home in WestLß belongs at the this sound foundation, WestLß list from Corporate F nance top of your shortlist for cor- successfully combines classical and investment Banking to porate business. oroducts with innovative Treasury And with a g obai solutions, applying the right network stretching from 20 years of experience
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      278 100 Swiss Bank IsqGl Corporation The key Swiss bank Human resource the most valued asset at Swiss Bank You will join a team of dynamic, self-motivated and high quality Corporation. We are committed to attracting, motivating and sales persons and will contribute to the sales of multicurrency retaining the best candidates.
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      60 101 Join the Chinese newspapers in their TRIPLE CBiSMATQNS Advertise in TRIPLE CELEBRATIONS, a special feature by the Chinese newspapers to celebrate their growth and progress in Singapore. Your advertising message will be read by more than one million readers. Don't miss it! Call us early to book your ik ifrta»*Holl
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      69 101 GLOBAL INVESTMENT '93 Ada's Premier Exhibition and Conference on Banking, Finance Investment is back! 11-14 May 1993 Rafiles City Convention Centre Singapore Global Investment '93. now in its second showing is your ideal gateway to new business and investment opportunities in Asia! Organised by: TIMES CONFERENCES EXHIBITIONS amumbtrol Ttmmm MMk|
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      214 102 ARE YOU GETTING THE RIGHT FINANCIAL TREATMENT? life* > i R :> jJ KiB?P .449 e >, W P xsj* j y]E_ ii. .H jJBM Any business can grow, but it's the care and attention And with the latest systems and service support, showered on it that makes a business
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      313 103 The Premier Business Solution Centres Ot The IT Industry In Singapore. IPC Centres are members of IPC Corporation. Singapore whose business philosophy of extreme reliability and total commitment to the IT industry has gained worldwide Today. IPC extends this commitment and its international marketing expertise to the Singapore market through
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      138 104 Our free weekends in Heaven are going very, very fast. '""'t I ,im -mwmjsmi! l r^» a r The Mazda MX-5 now comes with a free weekend COE, while stocks last. If you find that impressive, wait till you experience MX-s's top-end cruising performance. 113.8kg-m of torque and high-lift camshafts
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