The Business Times, 6 May 1992

Microfilm: NL18201
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Wednesday, May 6, 1992 75*
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  • NEWS SUMMARY
    • Article
      Anglo-Japanese consortium wins HK bridge contract
      79 1 HONGKONG Hongkong has approved a bid by an An-glo-Japanese consortium to build the Tsing Ma bridge to the colony's controversial new airport, it was learnt yesterday. The Executive Council had approved the bid by UK Trafalgar Housing group and the Japanese Mitsui consortium, believed
      79 words
    • Article
      US purchasers see 5.1pc growth
      28 1 ORLANDO, Florida The National Association of Purchasing Management has forecast nominal US economic growth of 5.1 per cent this year and minimal inflation.
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    • Article
      Paradise lost
      34 1 THE Singapore Retailers Association's task force has confirmed in a study that Singapore has lost some ot its lustre as a shoppers' paradise. It has suggested steps to correct this Page 2
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    • Article
      Doubts on Afta
      37 1 THE political problems in Thailand, provoked by mass protests against Prime Minister Suchinda Krapayooo, have once again cast doubts on Bangkok's ability to uphold its commitment to the Asean Free Trade Area Page 3
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    • Article
      Bank loans surge 10pc
      29 1 BANK LOANS and advances rose 10 per cent to $64.56 billion in February this year, latest figures from Monetary Authority of Singapore show. Page 4
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    • Article
      Asian green-backs
      46 1 US environment companies are eyeing the lucrative Asean countries. The move ties in with the government's plans to develop business and technology transfer links with 24 Asian countries and also aims to smooth the way for US envi-ronment-business interests across the region Page 10
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    • Article
      Guangdong boom
      24 1 GUANGDONG, China s richest province, has unveiled a bold economic expansion plan for the 1990s to attract more foreign capital Page 11
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    • Article
      Singmarine deals
      30 1 SINGMARINE Industries Ltd has clinched two shipbuilding contracts from South China and a shiprepair contract from Vietnam, worth a total of $10.5 million Shipping l imes Page I
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  • MARKETS SUMMARY
    • Article
      Dow lower
      35 1 US STOCK prices were mixed in early trading yesterday after Monday's record-high close of the Dow Jones industrial average. The Dow average was down 10.29 points to 3,367.84 after one hour of trading.
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    • Article
      Footsie higher
      38 1 SHARES were higher at midday yesterday, but below their peaks, after a half-point cut in Britain's base lending rate. At 1100 GMT. the FTSE 100share index was up 7.7 points, or 0.3 per cent, at 2,667.5.
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    • Article
      Directors ousted
      29 1 PACIFIC CAN Investment Holdings chairman Edward Goh Kim Hai and two directors were removed by a overwhelming majority by shareholders at an extraordinary general meeting yesterday PageS
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    • Article
      Wah Chang resort
      31 1 THE Wah Chang International Group will invest US$l7 million (Ss2B million) to build a resort hotel in Sri Lanka, group president Ho Kwon Ping told BT Page 6
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    • Article
      Doubling output
      24 1 LAND General Bhd. formerly General Lumber (Holdings) Bhd, expects to double its PVC resins output to 40.000 tonnes by 1994 Page 6
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    • Article
      DBS gets ADB job
      26 1 DBS BANK has been commissioned by the Asian Development Bank to do a study on the leasing industry in China. Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Tuesday Change BT-MGA 716.56 -5.04 Kuala Lumpur ..603.02 +5.55 Tokyo closed Hongkong 5.631.21 +17.42 Sydney 1.665.5 +1.1 Monday Change New York 3.378.13 +42.04 London Closed
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    • Article
      CURRENCIES
      30 1 London Gold am fix US$336.50 -USS0.60 Exchange rates USS ss 1.6540 100 Yen SS 1.2417 MS SS 0.6573 Money market rates Overnight 1 1/2 -2 3-montn 3 5/16 1/16
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    • Article
      COMMODITIES
      30 1 Rubber S'porc June 145.50*/kg -0.75 M'sia June 22l.00'/kg -0.50 KL Tin Turnover 27 tonnes -8 Spot MS14.59/kg unch Crude palm oil Turnover 830 lots -164 June MS860 /tonne -5
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  • Article
    Manufacturing will remain mainstay of S'pore economy
    415 1  -  BG Lee reaffirms govt's commitment to helping sector grow By Claire Leow SINGAPORE In a strong message to investors. Deputy Prime Minister Lee Hsien Loong said yesterday that manufacturing will remain the mainstay of the economy as Singapore strives to become a developed
    415 words
  • Article, Illustration
    M'sia aims to be region's golf capital
    411 1  -  Govt plans to double golf courses to 180 by year 2000 From Lee Han Shih in JOHOR BARU MALAYSIA is teeing itself up to become the golf capital of the region and could have more than 180 courses by the year 2000. The
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  • Article
    S'pore and US may sign investment treaty soon
    404 1  -  By Schutz Lee SINGAPORE and the US may soon sign a bilateral investment treaty. In a joint statement released yesterday after two days of talks here, trade oflfieials said that such a treaty would "cement the already liberal investment environment in the
    404 words
  • Article
    CCL and concerted parties' M Credit stake hits 32.25 pc
    367 1  -  By Quak Hiang Whai SINGAPORE The tussle for control of Malayan Credit Ltd took a further turn yesterday when predator Cycle Carriage Ltd and concerted parties brought their combined stake past the 25 per cent trigger point thus making a
    367 words
  • Article, Illustration
    Tan Chin Tuan to step down as GE Life chairman
    218 1 SINGAPORE Former OCBC Bank chairman Tan Chin Tuan will step down as chairman and director of local insurance giant Great Eastern Life Assurance Co Ltd this month, after 29 years on its board. In his annual statement, Mr Tan, 83,
    218 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      230 1 TEMPORARY PERMANENT PLACEMENTS £223*3362 Aircraft Schedule 31 KLS£ 23 18.19 Commodties 30 Law 17 TV Radio 14 Company News 5.6 Money Changer Rates —31 Unit Trusts 22 Cryptic Crosswoii 31 Money Market 29 31 Editorial 12 Regional News —10 World News 11 Financial News 9 Regional Stock Markets .21 Futures
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    • Advertisement
      Page 1 Advertisements Column 2
      37 1 Precision engineering a pillar of manufacturing sector, says BG Lee, Pg 4 Suntec unlikely to get good rental rates, Pg 2 It HUBLOT Hublot a Sensational Feeling on Your Wrist. .>, v .-p. v H K MDM GENEVE
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      Page 1 Advertisements Column 3
      13 1 MAI)F l> COMAM SCHUHE BOUTIQUE #4i: > kaki es cm shopping c*tr th v*w:»
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  • PAGE 2 NEWS
    • Article
      S'pore's edge as shoppers' paradise eroded: study
      374 2  -  Task force suggests marketing slant towards entertainment By Hong Lee Tiam SINGAPORE A study undertaken by the retail task force of the Singapore Retailers Association (SRA) has confirmed that Singapore has lost some of its edge as a shopper's paradise. At the same
      374 words
    • Article, Illustration
      US questions bank's growing rate of lending to reserves-rich China
      577 2  -  Asian Development Bank annual meetin Reports from Catherine Ong in HONGKONG THE UNITED STATES has questioned the Asian Development Bank's (ADB) growing rate of lending to China, saying that Beijing's high current account surpluses makes it able to borrow commercially
      577 words
    • Article
      Uzbekistan keen to join Asian Development Bank
      262 2 UZBEKISTAN, a member of the Commonwealth of Independent States, has expressed keen interest in joining the Asian Development Bank. It also hopes that an ADB factfinding mission will visit the country. Mr Noritada Morita, an ADB programmes director, said that officials from five
      262 words
    • Article, Illustration
      Lock icon Thai mass protests spark regional concern over Afta
      632 3  -  By Yang Razali Kassim SINGAPORE The rising political temperature in Thailand. provoked by mass protests against Prime Minister Suchinda Krapayoon, has stirred some concern in the region over Bangkok's ability to uphold its commitment to the Asean Free Trade Area (Afta). But
      Source: Bangkok Post photo  -  632 words
    • Article, Illustration
      Oversupply of office space likely to hit rental rates in Suntec City
      360 3  -  From Lee Han Shih in JOHOR BARU SINGAPORE Faced with a large oversupply in the market. Suntec City has admitted that it is unlikely to get good rates for the 500.(XX) square feet of office space it will
      360 words
    • Article
      Singapore MP's remarks ironic: KL minister
      154 3 JOHOR BARU Before wielding his irons to tee-off at the new Palm Resort Country Club in Johor, Malaysia's Minister for Arts, Culture and Tourism Sabaruddin Chik said he found it ironic that during the Visit Asean Year, a Member of Parliament in Singapore should
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    • Article
      Taiwan tops S'pore as investment location: Beri
      420 3  -  By Anna Teo SINGAPORE A turn towards greater politieal stability last year has boosted Taiwan's prospects as a premium investment haven, but it must do more to encourage entrepreneurial competitiveness. said the president of Business En\ironment Risk Intelligence (Beri) yesterday. Taiwan has. in
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      167 2 We have what it takes. Thousands of trucks, hundreds of planes. And computers to keep track of them all and the parcels they carry. But we also know that this is not enough. So, wherever your shipment is IS A A A Am. After 80 years in the package delivery
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      Page 2 Advertisements Column 2
      60 2 DBS Bank to study China's leasing industry, Pg 9 Looking for an injection of funds, Pg 13 rail 1 ,—Hla\ rii !An Art perfected into a Science. Suits Sdirts of fCazuCess Quality. Vfl > Irif Vfieong bailors (Established 1933) Lower Lobby, Shangri-La Hotel. Tel: 235 7692 L #03-09, Westin Plaza,
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      176 3 Moments of magic... tii/e in it. Footloose at Lanqkauti Holiday (/ilia! At our beautiful stretch of one of the finest ivory beaches in langkawi, the temptation to have fun, fun ana more fun is hard to resist After a day of fun in the sun, Langkawi Holiday Villa provides a
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      Page 3 Advertisements Column 2
      8 3 Ex-governor's fast helps anti-Suchinda campaign: analysts, Pg 10
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    • Advertisement
      Page 3 Advertisements Column 3
      41 3 SR REVUE THOMMEN C I GT 1885 Saltarello The Spirit of Invention! In tribute to the numerical jumping hour watch created by Gedeon Thommen in 1885. Rose gold plated. Exclusive mechanical movement. Water-resistant to 30 metres 100 feet. Scratchproof sapphire crystal.
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        SIA offers scholarships to two Muslim students
        51 4 SINGAPORE AIRLINES is offering two scholarships for local Muslim students to study at the National University of Singapore or a foreign university. The NUS scholarship covers tuition fees plus a $5,000 allowance. The overseas scholarship covers tuition, exam and other fees and living
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      • Article
        Financial group's new leaders
        34 4 THE Singapore Association of Credit Management has elected a new committee for 1992-93. The office bearers are Philip Tan (president), David Yap (vice-president), Richard Lee (secretary) and Grace Wong (treasurer).
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      • Article
        Dr Yeo to unveil Navy simulator
        40 4 THE REPUBLIC of Singapore Navy's new simulator centre will be unveiled by Defence Minister Dr Yeo Ning Hong next week. The state-of-the-art simulator will be used to train the missile corvette squadron's naval crew.
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      • Article
        Illegal substance found in pigs
        60 4 THE PRIMARY Production Department has detected the non-approved growth enhancer Salbutamol in pigs imported from nine farms in Malaysia. Imports from the farms have been suspended. Salbutamol is used illegally by some farmers who believe it increases muscle development and reduces body fat. In humans,
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      • Article
        Diplomas for retail graduates
        57 4 THE SINGAPORE Retailers' Association Institute for Retailing will present diplomas at a ceremony on Saturday to graduates of its retail management programme. The diploma course the first of its kind in South-east Asia is jointly offered by the SRA Institute and the Institute for Retail Studies
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    • Article
      Bank loans, advances up 10pc in February
      194 4 BANK LOANS and advances, including bills, rose 10 per cent to $64.56 billion in February this year, from $58.72 billion a year earlier, according to the latest monthly statistical bulletin published by the Monetary Authority of Singapore (MAS). Loans to the commerce sector
      194 words
    • Article, Illustration
      Precision engineering a pillar of manufacturing sector: BG Lee
      346 4  -  By Claire Leow JUST as manufacturing has been the economy's mainstay, the precision engineering industry has been the foundation for many of Singapore's leading industries, the Minister for Trade and Industry said yesterday. The industry, which produces the basic machine tools
      346 words
    • Article
      Leather goods retailer opens boutique at Park Mall
      328 4  -  By Kooi Cho Teng LOCAL leather goods retailer Toscano International opened its first Singapore boutique at Park Mall yesterday and plans another in Italy by June. With the Park Mall outlet, Toscano hopes to attract potential franchisees in the region. Two franchise
      328 words
    • Article
      STPB and Natas seek ways to promote Empress Place
      258 4 THE Singapore Tourist Promotion Board (STPB) and the National Association of Travel Agents Singapore (Natas) will set up a joint committee to explore ways to better promote Empress Place and other new attractions in city tours. The move follows a meeting
      258 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      102 4 Towering 23 storeys high, a landmark 3 minute walk to the Tanjong Pagar address at the junction of Anson Road MRT station Designed with intclliand Palmer Road, 79 Anson Road makes gent building technology Column-free all the difference between getting there office space Floor loading of 4 kN/m 2 and
      102 words
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      Page 4 Advertisements Column 2
      360 4 1 h/ mm Make that vital connection with liie I SS@"33BI premier industry event in all Asia maiet«3S2^ r lafiteeMsb&'ojo TIM 7tfi Asian International Electronic Tht JWi Asian international Information TArME f Communication Show Conference Office Automation Exhibitions Conference 2-5 June 1998, WorfcHtade Centre, Sngepore k V- Few industries challenge
      360 words
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  • COMPANY NEWS 1
    • Article, Illustration
      Chairman and two directors of Pacific Can removed
      475 5  -  By William Chia SINGAPORE Shareholders of Pacific Can Investment Holdings Ltd have voted overwhelmingly to remove company chairman Edward Goh Kim Hai and replace him with director Pang Kim Hin. At an extraordinary general meeting yesterday, only 2.70 million shares comprising 3.92
      475 words
    • Article
      S'pore investors taking short-term market view
      774 5  -  Profit-taking expected once STII crosses 1,500 HOCK By S N Vasuki SINGAPORE Here is some good news for Singapore investors who have been despairing about the unpredictable behaviour of the local stockmarket this year. A group of physicists and computer hackers in the US
      774 words
    • COMPANY BRIEFS
      • Article
        Chemical Industries' profits almost $10m
        45 5 SINGAPORE Chemical Industries (Far East) Ltd yesterday reported group earnings of $9.85 million for the year ended March 31, 1992. up 13 per cent from $8.71 million in the previous financial year. Turnover rose 15 per cent to $28.77 million.
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      • Article
        SAL gets nod for bonus issue
        49 5 SINGAPORE SAL Industrial Leasing Ltd has received in-principle approval from the Stock Exchange of Singapore to list 13 million ordinary shares of 25 cents each arising from the proposed one-for-ten bonus issue. The issue is still subject to the approval of SAL shareholders.
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      • Article
        Gen Mag buys into telecom firm
        49 5 SINGAPORE General Magnetics Ltd has acquired a 75 per cent stake in General Communications Pte Ltd, which is involved in the production and distribution of telecommunication equipment and related products. The company bought 300,000 $1 shares in General Communications at par for cash.
        49 words
      • Article
        New audit committee member
        48 5 SINGAPORE Cold Storage Holdings Ltd director Thio Su Mien stepped down as member and chairman of the company's audit company on April 30. Mr Peter H Goodman was unanimously appointed to replace Dr Thio as member of the audit committee from the same date.
        48 words
    • Article
      NatSteel defers plans for Bangkok steel mill
      265 5 SINGAPORE Publiclylisted Nat Steel has decided to defer its plans for a $350 million steel mill in Bangkok, an idea mooted two years ago as part of a larger plan to plug into Thailand's steel market. Group chairman Yeo Seng Teck said in
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    • COMPANY BRIEFS
      • Article
        Taiwan's Fortuna group buys LA hotel
        86 6 TAIPEI Taiwan's Fortuna hotel group said yesterday it had bought the Los Angeles Airport Hilton and Towers, one ot" the city's largest hotels. Fortuna declined to reveal how much it paid for the 1.279-room hotel but sources close to the deal said the price
        86 words
      • Article
        Australia's Fairfax float delayed
        88 6 SYDNEY The public listing of Australia's oldest newspaper group, John Fairfax Holdings Ltd, has been delayed by one day and will now be quoted on Friday. Sponsoring broker Ord Minnett Securities Ltd said the delay was required by the Australian Stock Exchange to ensure all investors
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      • Article
        Toshiba cuts prices on portables
        76 6 IRVINE, California Toshiba America Information Systems Inc cut prices on Monday on its notebook and laptop computers from 10 to 22 per cent in an effort to maintain market leadership in the US$l.4-billion portable computer market. Toshiba cut the prices on its flagship T44OOSXC/80 notebook
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      • Article
        Phoenix Pulp to remain closed
        96 6 BANGKOK The government has rejected an appeal from Phoenix Pulp and Paper Co Ltd to reverse an official decision last week to close its pulp and paper plant for 60 days. Industry Minister Sompong Amornvivat said. He said Phoenix must install a proper water treatment
        96 words
      • Article
        Brierley/GPG ups bid for Acil
        90 6 SYDNEY Sir Ron Brierley's Rossington Pty Ltd said it has increased its takeover bid for Australian Consolidated Investments Ltd (Acil) by half a cent to 23.5 Australian cents a share. The bid has been extended by a week to May 22 and declared unconditional, said
        90 words
      • Article
        Manila power firm cuts rates
        47 6 MANILA The state-run National Power Corporation (NPC) is cutting its rates by 2.9 per cent despite a previous commitment to foreign creditors not to do so, the company said yesterday. President Aquino had asked for a corresponding reduction in NPC power rates.
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    • Article
      Wah Chang invests US$17m to build Sri Lankan hotel
      359 6  -  By Chuang Peck Ming SINGAPORE The Wah Chang International Group will invest US$l7 million (Ss2B million) to build a resort hotel in Sri Lanka, group president Ho Kwon Ping told BT. Wah Chang's project in Sri Lanka will be the first
      359 words
    • Article
      Lock icon Hongkong & Shanghai Hotels to sell NY Peninsula stake
      500 6 Hongkong Shanghai Hotels to sell NY Peninsula stake South China Morning Post HONGKONG The Kadoorie family's Hongkong and Shanghai Hotels plans to sell a stake in the loss-incur-ring New York Peninsula after a radical cost-cutting exercise, the South China Morning Post reported earlier this week. The Hongkong-based group aims to
      South China Morning Post  -  500 words
    • Article
      Lock icon Cojuangco seeks to overturn San Miguel ruling
      346 6 Reuter MANILA Kduardo Co- juangco, who is running for i president in the May II elec- I tion, has asked the Philippine Supreme Court to uphold his voting rights in San Miguel Corp (SMC) in a hid to regain control of the beer-based
      Reuter  -  346 words
    • Article
      Charoen Phokphand eyes small car market in China
      268 6 BANGKOK Thailand's Charoen Phokphand (CP) plans to manufacture cars with 700 cc and 800 cc engines for sale in China, the Bangkok Post said in a recent report. According to group vicepresident Thanakorn Seriburi, CP has lodged a proposal with China's state-owned
      268 words
    • Article
      Lock icon Tokyo steel firms deny dumping charges
      484 6 Bethlehem Steel, CF&I Steel file petition against Nippon Steel, NKK NYT TOKYO Two Japanese steel makers have denied charges of dumping in an an-ti-dumping petition filed by two US manufacturers on May 1 against four foreign railroad rail producers. In the petition filed with
      NYT  -  484 words
    • Article, Illustration
      Land & General sees expansion in its PYC resins business
      494 6  - Land General sees expansion in its PYC resins business By Chew Eng Han SINGAPORE LAND General Berhad (L&G), formerly General Lumber (Holdings) Bhd. expects its PVC resins business to enjoy even greater growth, and plans to increase production capacity to 40,000 tonnes by 1994. from 20.000 currently. In the company's
      494 words
    • COMPANY BRIEFS
      • Article
        US firm TRW to close Taiwan factory
        84 8 TAIPEI US electronics firm TRW Inc will close its TRW Electronic Components Co factory in Taiwan by end-1992, said SC Chen, general manager of the unit. The closure is part of a change in the parent's overseas strategy, Mr Chen said. He declined
        84 words
      • Article
        Poison threat made to Heinz
        85 8 SYDNEY The US food firm H J Heinz Co began removing jars of baby food trom Western Australian supermarket shelves, after police were sent a jar laced with cyanide and a threat to kill five babies as retribution for the Rodney King verdict. The resealable
        85 words
      • Article
        Euro Disney boycott threat
        85 8 PARIS French coach tour operators complained on Monday that they had been snubbed by Euro Disney and threatened to boycott the park outside Paris, unless they got a better deal. The Snet, standing for National Union ot Tourism Enterprises, said it was "disappointed by the absence
        85 words
      • Article
        Germany's KHD sees profit rise
        69 8 DUSSELDORF German engineer Kloeckner-Hum-boldt-Deutz AG (KHD) expects group net profit to rise to around 15 million deutschemarks (Ssls million) in 1992, from 10 million deutschemarks in 1991, finance chief Klaus Edelmann told the Handelsblatt newspaper. Edelmann said extraordinary costs linked to KHD's new 600 million
        69 words
    • Article, Illustration
      Lock icon De Beers unit, GE named in diamond anti-trust suit
      407 8 Reuter NEW YORK A civil antitrust lawsuit was filed on Monday against General Electric Co (GE) and a unit of South Africa's giant De Beers Consolidated Mines Ltd, alleging they are fixing the price of industrial diamonds at artificially high levels.
      Reuter  -  407 words
    • Article
      Lock icon Pfizer to sell Coty cosmetics unit to German firm for US$440m
      444 8 Reuter NEW YORK Pfizer Inc said on Monday it is selling its Coty fragrance and cosmetics business for US$44O million (Ss72B million) to Joh A Benckiser GmbH of Germany. Coty markets fragrances and cosmetics in mass merchandise outlets and
      Reuter  -  444 words
    • Article
      Lock icon Olympia & York to unveil asset sale plan soon
      358 8 Olympia York to unveil asset sale plan soon AFP Reuter NEW YORK Olympia and York Developments Ltd. the troubled property giant, said on Monday it had missed another payment deadline on its debt and conceded it may have to sell off assets. Toronto-based Olympia, which owes US$l2 billion (S$ 19.8
      AFP; Reuter  -  358 words
    • Article
      Lock icon Bristol-Myers Squibb opens plant in Russia
      193 8 AP K.UPAVNA, Russia The Bristol-Myers Squibb Co reached out to ailing Russian hearts on Monday and opened its first pharmaceutical plant in the former Soviet Union. The world's third largest pharmaceutical firm and the Russian-owned Akrikhin factory are to manufacture two of Bristol-Myers Squibb's
      AP  -  193 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      119 5 Akatel. Individual solutioiis for worldwide communications. Alcatel's world is one of communications. Above oil, our worldwide expertise Our expertise is total and encompasses A world which is dedicated to advancing enables us to help develop communications all communications systems: Network Systems; the technological capability and under- systems for individual countries.
      119 words
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      196 6 T^/ V^/X/N/ MS OTMIM (lilt W (HEM From Ist May till 31st July 1992, with just to a useful WAIST POUCH* to store a minimum purchase of US$lOO Thomas Cook all your cash in or a superb TRAVEL BAG Travellers Cheques, you will receive a lucky draw that's ideal for
      196 words
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  • Page 7 Advertisements
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      49 7 §l^f Hl^S§?l i 'it* S?S \-M '4^? H^H H ||^H jfe:>\ ||Jjj^^H |W 1 ■i 1 r K Bllkt^ i4s You Giw See, Everything Is Within Easy Reach At Ngee Ann City. I Chesterton INTERNATIONAL 1.1 JKMIMMbLI Ng on 224^622 mi: m till NGEE ANN DEVELOPMENT »TE LTD j"
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      66 8 SINGAPORE 1 'O«'CS J OCEAN TOWERS w-;-^ Direct link to the MRT Column-free office space Computerised building management 1 4 system Sophisticated card-key security system High speed lifts Ample carpark lots <sf> w MARINA OFFICES FOR LEASE wk" FOR IMMEDIATE OCCUPATION yflMMl DiVtLOPKM: SOLI MARKETING ACSST: *g Ocean Properties PteLtd
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      Page 8 Advertisements Column 2
      91 8 THE MANDARIN SINGAPORE NORTHWEST AIRLINES 0 present MICHAEL FRANKS YELLOWJACKETS rf ompapoM •r»' W ,s Rare is the all round performer. Rarer still one who spins audial poetry in a musical landscape that teems with romantic ballads tempered by soulful latin rhythm. For one night only, witness the multi faceted
      91 words
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  • FINANCIAL NEWS
    • Article
      DBS Bank picked to study China's leasing industry
      365 9  -  By Quak Hiang Whai SINGAPORE DBS Bank, which has been aggressively selling its financial advisory services overseas, has been commissioned by the Asian Development Bank (ADB) to do a study on the leasing industry in China. In a statement yesterday, the local
      365 words
    • Article
      Lock icon Visa, Mastercard in debit card battle
      408 9 Banks studying transaction systems of both companies NYT NEW YORK Visa and Mastercard are fighting a heated battle to sign up banks to issue their debit cards the next generation of plastic competing for space in American wallets. With debit cards, the costs of
      NYT  -  408 words
    • Article
      Lock icon Kuwaiti government puts off endorsing bad debts plan
      316 9 Reuter KUWAIT The government has failed to endorse a plan to buy about US$2O billion (Ss32 billion) of bad debts from commercial banks more than a month after the National Council approved it. Bankers and diplomats say the delay was caused by
      Reuter  -  316 words
    • Article
      Lock icon Den norske Bank likely to see smaller first quarter losses
      305 9 Reuter OSLO Analysts expect Den norske Bank, Norway's biggest bank, to report smaller losses for the first quarter, even though a return to profitability is some wav off. Analysts contacted by Reuters declined to estimate exact figures for JanuaryMarch. "There's
      Reuter  -  305 words
    • Article
      Gadjah Tunggal to raise US$35m from syndicated loans
      336 9  -  By Dawn Tan SINGAPORE Giant Indonesian tyre manufacturer PT Gadjah Tunggal ending a 10-year absence from the international loans syndications market is borrowing USS3S million (5556.7 million) from a syndicate of banks. The two-year credit facility, which is being arranged by Schroders
      336 words
    • SMALL CHANGE
      • Article
        KL's third biggest bank ups lending rate to 9.5pc
        92 9 KUALA LUMPUR Malaysia's Public Bank Bhd has raised its base lending rate (BLR) to 9.5 per cent from 9.25 per cent with immediate effect. The bank, Malaysia's third largest in terms of deposits and shareholders funds, also raised its fixed deposit
        92 words
      • Article
        Indonesia rules out devaluation
        82 9 JAKARTA Indonesia has ruled out a possible devaluation saying it had ample foreign exchange reserves, the daily Kompas reported. "Foreign exchange reserves kept by the central bank alone are enough to meet our import needs for five months. So the situation is really under control and
        82 words
      • Article
        HKBank to reveal merger gains
        64 9 LONDON The Hongkong and Shanghai Bank will reveal forecasts of large cost savings and revenue gains from a merger with Midland Bank when it posts its offer document to shareholders this week. The Times said. New figures would show a merger could cut costs and
        64 words
      • Article
        Suit filed against thrift office
        91 9 WASHINGTON The International Bankers Association of America and the Conference of State Bank Supervisors have filed a law suit to challenge the Bush administration decision allowing thrifts to branch across state lines. At a news conference, IBAA and CSBS said they filed the suit against
        91 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      161 9 Business and professional leaders of Singapore are invifed to a seminar on and investment opportunities in Kenya. In the past few years, this leading African nation has welcomed over 700 overseas firms, 200 of them multi-nationals. Kenya is noteworthy on the African continent for stable and sustained economic growth and
      161 words
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      Page 9 Advertisements Column 2
      284 9 When you fly from Singapore to Italy on business, you arranged in a generous 2+2+2 seat configuration. There's more can expect nothing less than good mornings on Swissair. room around and in front of the seats. And in the aisles. So the Leave Singapore every day (except Thursdays), at 2105
      284 words
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  • THE REGION
    • Article
      US environment firms eye lucrative Asian markets
      418 10 Greening of Asia throws up new opportunities BANGKOK US firms, specialising in environmental clean-up technology, pollution control equipment and consultancy services, are targeting Asean countries in an effort to break into fast unfolding green markets, the Bangkok Post reported on Monday. Their drive
      418 words
    • Article, Illustration
      Lock icon Unskilled workers raise M'sian jobless rate
      440 10 Reuter KUALA LUMPUR Despite Malaysia's economic success, a large number of workers remain unemployed because they lack skills for available jobs, mostly in the manufacturing sector. "There seems to be a mismatch between the job-seek-ers and the jobs available," Mr Vethamuthu David, sec-retary-general of
      Reuter; Source:Malaysia 's Manpower Department  -  440 words
    • Article, Illustration
      Lock icon Ex-governor's fast helps anti-Suchinda campaign: analysts
      408 10 Reuter BANGKOK The vow by one of Thailand's best-re-spected politicians to fast to death unless the non-elected prime minister resigns will boost the campaign to oust Gen Suchinda Kraprayoon, analysts said yesterday. Former Bangkok governor Chamlong Srimuang announced on Monday he would continue a
      Reuter  -  408 words
    • NOTE BOOK
      • Article
        Reforms will help China and Vietnam: Jiang
        74 10 BEIJING Chinese Communist Party chief Jiang Zemin told Vietnam's former Communist Party leader that economic reforms will help both countries improve their socialist systems, the state-run Xinhua News Agency reported. Mr Nguyen Van Linh, now a special adviser to the Vietnamese party said
        74 words
      • Article
        US warship in M'sian dock
        89 10 KUALA LUMPUR An American warship docked at a Malaysian dockyard for repairs on Monday. The United States is looking to other South-east Asian nations to replace facilities being lost when its base in the Philippines closes. The USS Tuscaloosa will be the first US warship
        89 words
      • Article
        Indon army warns soldiers
        65 10 JAKARTA A military commander in eastern Indonesia (which includes Irian Jaya and the Moluccas) has warned his men not to turn their guns on the people when enforcing security for next month's general election, the Observer newspaper said yesterday. The warning was issued on Monday as
        65 words
      • Article
        Increased confidence in Manila
        81 10 MANILA The business community, setting aside worries over the forthcoming elections, has exhibited increased confidence in the Philippine economy and its prospects beyond May 11. Bankers said the banking system was relaxed while rising optimism has resulted in the buoyant stock market. Stock prices surged last
        81 words
      • Article
        Dhaka gets more Rohingyas
        82 10 DHAKA Myanmar Muslims, known as Rohingyas. continue to stream into Bangladesh by the thousands despite an agreement between the two countries last month aimed at stemming the influx, refugee officials said yesterday. Since Dhaka and Yangon initialed an agreement here April 28, about 12.000 more Myanmar
        82 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      167 10 Boiling down to basics, Pg 12 How to use the body to relax the mind Introducing Connoisseur Class. It's comforting news. Many of our new seats are available in the Come fly the airline thats uniting the world. Our state of the art business class seats with smoke-free upper decks
      167 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Guangdong unveils bold economic plans for the 1990s
      268 11 Strategy calls for more capital and bank branches from abroad AFP HONGKONG China's richest province of Guangdong has unveiled a bold economic expansion strategy to secure more foreign capital, allowing overseas banks to set up branches there, a proBeijing daily reported yesterday.
      AFP  -  268 words
    • Article
      Lock icon Canada's economy shows signs of a hesitant recovery
      355 11 Reuter OTTAWA Canada's economy is showing signs of a hesitant recovery and economists say Ontario and British Columbia will lead the way as housing starts rebound, exports show strength, and investment helps. "We are on the way out of this recession," said
      Reuter  -  355 words
    • Article, Illustration
      Lock icon Chinese army moves into business but some analysts are sceptical
      673 11 AP SHENZHEN Want a piece of the world's largest standing army? Then buy into China Southern Glass, the first Chinese company to sell stock to foreigners since the communists took over in 1949. Southern Glass is 26 per cent owned
      AP  -  673 words
    • Article
      Lock icon EC to debate short-term ways to stimulate economy
      471 11 Reuter BRUSSELS EC finance ministers, worried that the European Community (EC) economy is running out of steam, will debate short-term ways to give it a kickstart this weekend, Brussels officials and diplomats said. At the urging of France, they will mull over
      Reuter  -  471 words
    • Article
      Lock icon Seoul to open more business sectors to foreign investors
      201 11 Reuter SEOUL South Korean economic ministers have approved foreign investment in eight more business fields from the second half of this year, a Finance Ministry official said. The new areas include agencies representing overseas businesses, aviation transport equipment renting, alcoholic beverage
      Reuter  -  201 words
    • WORLD WATCH
      • Article
        Japanese minister upbeat on economy's recovery
        71 11 HONGKONG Japan's economy will recover starting from this autumn. Finance Minister Tsutomu Hata said. He said the Japanese economy was in a readjustment phase, but if this phase continues the economy could cool. This would make it hard for Japan to carry out its
        71 words
      • Article
        China to get 700b yen loan
        85 11 HONGKONG The Export-Import Bank of Japan is putting the finishing touches on what will be its largest untied loan with a 700 billion yen offering to the Bank of China, a senior Japanese Finance Ministry official said. Financial analysts see the loan, which is
        85 words
      • Article
        China to boost Taiwan trade
        55 11 BEIJING China's trade minister said his country was eager to spur commerce with Taiwan and planned new incentives to expand business, the official New China News Agency reported yesterday. Li Lanqing, Minister of Foreign Economic Relations and Trade, said that current trade and economic ties
        55 words
      • Article
        Taiwan's CPI surges 6pc
        62 11 TAIPEI Taiwan's consumer price index shot up 6.14 per cent in April from a year earlier, mostly because of sharply higher food prices, a government agency reported yesterday. The increase was the sharpest since September 1990, when the index rose 6.52 per cent after the Gulf
        62 words
      • Article
        Korean family reunion talks
        85 11 SEOUL South and North Korea have deferred the touchy nuclear issue as both sides called for rapid implementation of a three-month-old reconciliation pact. Speaking on the eve of talks here. South Korean Prime Minister Chung Won Shik urged the visiting North Korean delegation to allow prompt
        85 words
      • Article
        EC pulls out Sarajevo observers
        31 11 SARAJEVO The European Community temporarily withdrew 25 peace monitors from Sarajevo yesterday as worsening fighting in Bosnia-Herzegovina made their presence increasingly dangerous, an EC spokesman said.
        31 words
    • Article
      Lock icon Russia, India face trade penalties if rocket engine deal goes ahead: US
      384 11 Reuter WASHINGTON The US said on Monday that Russia and India could both face trade penalties if Russia went ahead with a planned US$25O million (Ss4l2 million) contract to sell rocket engines to India. State Department spokeswoman Margaret
      Reuter  -  384 words
  • Page 11 Advertisements
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      354 11 ARE THESE SOME OF YOUR GOALS THIS i I 1 1 u T HIGHER QC/QA I .mjrtjrsOVKlAlX I r-jffissr Hsbseh :—I I DEV gffl%f NT 1 COWTRACTOK^ equipment in Hall 6, you'll benefit Computer Simulation by eminent If even one of these objectives from this wide perspective into speakers drawn
      354 words
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  • Article
    Don't miss the Euro-boat
    465 12 EDITORIAL SINGAPORE businessmen eyeing the European market will find that Eurospeak is more than just the language of Eurocrats. With the formation of the European Economic Area (EEA) a vast market of 380 million people due to come into being on Jan 1, 1993 it will
    465 words
  • WHAT THE OTHERS SAY
    • Article
      The issue is justice
      307 12 IF THE ACQUITTAL of the policemen who beat Rodney King was the spark that lit the prairie fire, it was a very large spark indeed. The jury, on which there were no blacks, essentially said that four white policemen could gang up on a black motorist,
      307 words
    • Article
      A lesson learned
      70 12 THE RECENT racial riots by blacks in several American cities highlighted the dangers lurking in many multi-racial societies, irrespective of how great their democratic practice. To ensure harmony, no one race should be allowed to feel discriminated against or feel alienated. And all races must have a
      70 words
    • Article
      A different revelation
      153 12 THE BASIC REASON for the recent racial riots in several US cities is that Washington has never really respected the rights of the blacks. The blacks have resorted to violence to show their discontent with poverty and discrimination. The riots also draw our attention to the following
      153 words
  • REGIONAL VIEWPOINTS
    • Article
      Watching China's stand
      174 12 THIS WEEK, Hongkong plays host to 1,400 delegates from 52 countries attending the prestigious Asian Development Bank (ADB) conference. For the Hongkong government, the conference is probably the most significant event since the signing of the Memorandum of Understanding on the airport last July, as it will
      174 words
    • Article
      Create a training culture
      188 12 A QUESTION that surrounds the proposed implementation of the Human Resource Development Fund is how long the country must wait before it becomes real. A change of attitude in the private sector is imperative for the success of the fund. They must recognise that the onus
      188 words
    • Article
      Settle it through diplomacy
      154 12 CHINA'S passing into law on Feb 25 a declaration of its sovereignty over the Spratly Islands is just a reaffirmation of Beijing's long-term stance in terms of words. At this juncture in time, there seems to be no reason why China would want to antagonise the
      154 words
  • Article, Illustration
    Closing ranks for Rio
    1039 12  -  The battle lines are drawn for the Earth Summit, reports Nirmal Ghosh Nirmal Ghosh LAST MONTH'S Kuala Lumpur Declaration on Environment and Development is the platform that the developing world will use at the United Nations Conference on Environment and Development (Unced or Earth Summit) in
    1,039 words
  • Page 12 Advertisements
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      183 12 The 1992 Major Conference on The recent visit of the Vietnamese Prim&M*-~ a new chapter in Vietnam fbis* 8 DISTINGUISHED GUEST SPEAKER Madame NGO BA THANH Member of Parliament Chair of Law Commission, National Assembly, The Socialist Republic of Vietnam PROMINENT PANEL OF SPEAKERS INCLUDING: Lan Pringle, Castrol Singapore Pte
      183 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 DOONESBURY BY GARRY TRUDEAU mrs poaeseußy. VMAamvf those early, empou/er/ng AUARECFTHE PROBLEMS OF SffW.m INFLUENCES ARESO IMPORTANT. HOUVSHE UELL.OY...UM.. GENPER.BiASINTHECLA6S- IN MY CAGE, I LEARNED FPOM TEACH ABANDONING ROOM wcm. ALMOST ALL MY MOTHERTO BETOU6H AND YOU ME. OKAY, BAP TEACHERSARE... I INDEPENDENT AND STAND I EXAMPLE. I -1 VCKY
      54 words
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  • ANALYSIS
    • Article
      Lock icon Mobilising the zoku-giin for the Uruguay Round
      897 13  -  Yoichi Funabashi wants a lobby group of Japanese parliamentarians, looking beyond the rice bowl, to galvanise Gatt Yoichi Funabashi The writer is a senior writer of .Asahi Shimbun Asahi News Service DESPITE the apparent efforts in their talks held late last month in
      Asahi News Service  -  897 words
    • Article, Illustration
      Lock icon Beating the market
      1155 13  -  It sounds like an investor's dream come true, but will it work? Barry James discusses a chaos theory technique, devised by a bunch of physicists and computer experts, aimed at... Barry James HIT A COMPANY founded by a group of physicists and computer whizzes is about to
      HIT  -  1,155 words
    • Article
      Lock icon Looking for an injection of funds
      451 13  -  %F Alexander Nicoll discusses the ADB's need for a capital replenishment Alexander Nicoll FT THE ROLE of the Asian Development Bank (ADB) is likely to be scrutinised closely by its shareholders in the industrialised world following the bank's request for a large capital increase
      FT  -  451 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      138 13 [21 t I Durham R1 pT"] University |f| PA Founded in 1832, Durham is the third oldest University in England with a rich tradition as a centre of scholarship and research. It has maintained its leading role among British Universities through its unswerving dedication to the pursuit of excellence in
      138 words
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  • Page 14 Advertisements
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      566 14 pB Nothing Beats A Bud. iR?y"! DIANXIN TEMPTATIONS Continuing me parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu, treat yourself to all the Dian Xin you can enjoy for $16.80+ per person. Open daily from 11:30 am 2:3opm
      566 words
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      Page 14 Advertisements Column 2
      212 14 WHERE TO WINE, DINE... I tfwkeyf f F&t Cafe Plaza K t 31 Tttay Tuck into wholesome hawker fare and Miff Hra I indulge in local n, rap EE JjJ dishes like nasi Padang, Bak Kut Teh and Rojak. plus a AfeaJjJ range of tempting y enu changes regularly 1
      212 words
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      Page 14 Advertisements Column 3
      261 14 @ef//6in<i p owr Fines do Claire Oysters, Salmon "Norvegienne", V F.scargots with Mushrooms and other French favourites at our sumptuous buffet. We know you 11 can hardlv wait... mi J J sm§jpore tevolvinf ♦'til floor We serve the uvrld to you at Top of the M v '//laZ'sdrlM (IwffMM'T' k
      261 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      675 14 TELEVISION AND RADIO >' in—Mil. <■ -tamumMm „i,, 7 aca issrr.—,,— .MMssaiMao Ine SKy IS crying ar k- a rr_ srysasrsu ■i f- ti i News(M). 8. 3.25 am: Financial News 800 insi S M Hongkong: The Li- 7.50 Newswatch. 7-00 CNN. on and thc Dragon (Scc ur 8.00 The
      675 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Bewilderment in Hollywood
      813 15  -  Bernard Weinraub reports on Hollywood's reaction to the riots in nearby Los Angeles Bernard Weinraub NYT EVEN in normal times, most of the movie stars' palaces in Beverly Hills and Bel Air are heavily gated, with signs on lawns reading "Armed Response." But over the weekend and
      NYT  -  813 words
    • Article
      Lock icon Rare Tchaikovsky works at this year's Edinburgh Festival
      413 15  -  James Forrester outlines highlights of the programme James Forrester Reuter LOVERS of Tchaikovsky run the risk of over-indulgence at the 1992 Edinburgh Festival, which features all the 19th century Russian composer's major works and many seldom heard in Britain. Festival Director Brian
      Reuter  -  413 words
    • Article, Illustration
      Bonnie Raitt receives honorary doctorate
      417 15 CHATTERBOX GRAMMY winner Bonnie Raitt is now a doctor. Raitt was presented with an honorary doctorate of music from the Berklee College of Music in Boston during the weekend. "My career is a testimony that if you stick to your goals and integrity, appreciation and
      417 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      182 15 AND ENTERTAIN <$rill flHmUHHfct <9 IHIr 4 Prime Rib Of Beef Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. a classic choice
      182 words
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      Page 15 Advertisements Column 2
      76 15 ROADHOUSE ELVIS PLACE TAPS PUB ENTERTAINMENT ROADHOUSE ELVIS PLACE z iraifcM I 11.1 sfiViVf xy^ I I When LIFE ARE ONLY gljl foraGlenfiddich. <& And 2 Mft now when ®B» THE WORLDS most POPULAR rß| SINGLE MALT WHISKY YOU rMAY FIND IT <K REWARDING. GftClStiD Gtfg&Z) to A WIN -sstxi?Oß
      76 words
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  • FOCUS
    • Article, Illustration
      Lock icon Toyota's showcase for simple ideas
      1303 16 In the four years that the Japanese carmaker has been in Kentucky, thousands of American executives and engineers have visited the plant, convinced that what is happening there can change the American way of mass production NYT THE ideas about factory work that Toyota Motor
      NYT  -  1,303 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      260 16 the Quadrant The Quadrant A 28-storey intelligent office II II M concourse provides visual relief from the concrete Y i j building standing at the junction of Cecil Street and j I. sTRKT >——-_Jsr*—- monotony of the aty Creating a pleasant environment lor J a- ,r-==T./ Church Street With the
      260 words
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  • THE LAW PAGE
    • Article, Illustration
      In search of niches
      673 17  -  In the final part of a series on arbitration in Singapore, David Gabriel examines the areas that the Republic can cash in on David Gabriel THE founders of the Singapore International Arbitration Centre (SIAC) did not envisage it being all things to all men, according to
      673 words
    • Article
      Objection of interest conflict against law firm rejected
      537 17 CASE. GREAT WALL (IMPORTERS EXPORTERS) PTE LTD AND ANOTHER v GOLDEN LINK DEVELOPMENT PTE LTD. High Court of the Republic of Singapore, Motion in Suit No 2669 of 1991. Justice F A Chua. THE REAL ISSUE of interest in this case was
      537 words
    • Article
      Option to buy property revoked
      363 17 RAFIQ JUMABHOY v ALRICH DEVELOPMENT PTE LTD. High Court of the Republic of Singapore, Originating Summons No 862 of 1991. Justice Chao Hick Tin. THE defendant company Alrich had lodged two caveats against property belonging to the plaintiff, Rafiq Jumabhoy. In June 1990, Mr Jumabhoy
      363 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      91 17 YOUR BUSINESS ADDRESS IN SINGAPORE CAN CONSULTANTS PTE LTD, a business management consultancy providing company representation in Asia, now offers a full range of office services facilities in the heart of the business district. Woik station units with separate telephone lines Business address and facsimile Servicing of business trade enquiries,
      91 words
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      Page 17 Advertisements Column 2
      117 17 J I fl J A great performance in Europe demands a good night's sleep. If you're flying to Scandinavia or other parts of Europe, SAS has SAS can orchestrate almost e\ery aspect of your business travnews that will be music to your ears: the new SAS Euro Sleeper. el. From
      117 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Three drivers beat lap record in Indy 500 practice
      325 18 Jim Crawford among those who shattered the 370.10 kph barrier Reuter INDIANAPOLIS, Indiana Three drivers, led by Briton Jim Crawford, shattered the 370.10 kph barrier at the Indianapolis Motor Speedway on Monday during practice for the Indy 500 qualifying session on
      Reuter  -  325 words
    • Article
      Lock icon Lee Trevino reconsiders earlier plans to trim schedule
      381 18 AP LAS VEGAS The way Lee Trevino is going, he may never get a chance to cut down on his schedule. Trevino won for the third time in a row on the PGA Senior Tour, continuing a streak that has him reconsidering
      AP  -  381 words
    • Article, Illustration
      Lock icon Runner Cason sets his sights on Olympic gold
      431 18 AFP WASHINGTON An indoor world record and world championship at 60 m aren't enough for Andre Cason. He wants an Olympic title. And he believes the 100 m gold medal at Barcelona has his name on it. "I truly believe I will
      AFP  -  431 words
    • Article, Illustration
      Lock icon Il Moro, America3 tune up in preparation for finals
      449 19 America's Cup Reuter SAN DIEGO After 163 races between 10 boats from eight countries over three-and-a-half months the America's Cup competition comes down to two boats, Italian challenger U Moro di Venezia and US defender America 3. The best-of-seven series showdown
      Reuter  -  449 words
    • Article, Illustration
      Lock icon Joe Namath gets a pair of new knees
      623 19 NYT NEW YORK In a room overlooking the East River that he crossed so often going to Shea Stadium as the Jets quarterback, Joe Namath cased himself off his bed at the Hospital for Special Surgery and clutched a metal walker. Time
      NYT  -  623 words
    • SIDE LINES
      • Article
        Hendry beats White to regain world crown
        72 19 SHEFFIELD World number-one Stephen Hendry regained the world crown, winning 10 frames in succession here on Monday to beat Jimmy White 18-14, after one of the most incredible comebacks the world final has ever seen. White, three times a runner-up, looked certain to
        72 words
      • Article
        Of mile-high smog and gold
        80 19 MEXICO CITY The smog-filled air of mile-high Mexico City is a far cry from the sea breezes and sweltering humidity of Havana. But the throat-burning cocktail of contaminants could hold the key to one of sport's most sought-after prizes an Olympic gold medal. For the
        80 words
      • Article
        Monaco and Bremen confident
        82 19 PARIS Neither Monaco nor Werder Bremen have ever won a European Cup but both are quite confident they will get a lucky break in Lisbon today, when they line up to face each other in the Cup Winners' Cup final. Arsene Wenger, Monaco's highly-respected 41-year-old manager
        82 words
      • Article
        Terrorist cloud over Games
        59 19 BARCELONA. Spain Spain's Secretary of State for Security Rafael Vera admitted on Monday that the ETA Basque separatist group is still capable of launching terrorist attacks at this year's Olympics. "We must take every necessary precaution," he said while touring maritime security measures being prepared for
        59 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      908 18 I Singapore I I Aerospace I Creating value for you worldwide H I Notice of 10th Annual General Meeting I M ALL MEMBERS ARE CORDIALLY INVITID to attend the I 10th Annual General Mm ting of the Company which will be held I I at the Son Marco, Omni Marco
      908 words
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      Page 18 Advertisements Column 2
      107 18 On jBH *%«a Mo« .wnpvur* Full M*>r\ »r%*ih* Hrv -rwufrwimc M— «t% h.rt Br>' cmptovcr Mwi ImrM and «i** Bpkypw I Sale r- >«-\ 1 w How! mm In this issue... Asia's Most Admired Companies Best overall Best managed Best products/services Greatest contribution to the economy Best employer Greatest growth
      107 words
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      Page 18 Advertisements Column 3
      240 18 NOTICE m THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF TANGRAM TRADING PTE LTD NOTICE IS HEREBY GIVEN that pursuant to section 295< 1) of the Companies Act, a meeting at the creditors of the abovenamed company will be held at 36 Robinson Road. #15-00
      240 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      665 19 BUSINESS TIMES Toll free Tel No 737 0Q43 Fax No; 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Nancy Soh Lini Lee Gek of 6B Jalan Kathi, Singapore 1646, have applied for a 2nd Class Public House Licence in PARKWAY HOLDINGS LTD respect of premises at M/s
      665 words
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      Page 19 Advertisements Column 2
      145 19 Qjime does stand still for some things in life. For more than 90 years now, one hotel in Singapore has defied time to retain its old world grandeur. Yet it offers every modern amenity that time has advanced. At the Goodwood Parky we have always measured progress not in terms
      145 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market ends lower on profit-taking
      3925 20  -  By Joseph Rajendran SHARE PRICES fell yesterday as both retail investors and fund managers stepped in to take profits after two days of strong gains. The benchmark Straits Times Industrials Index slipped 10.32 points in active trading to close at 1,488.65. One broker from a
      3,925 words
    • Article, Illustration
      Lock icon HOT STOCK
      65 20  -  By < Chew Fug Han Comment The stock is close to a long-term bottom. Short and long-term technicals suggest buying at current levels or any subsequent dips. Downside risk should be limited to 25 cents. A rise to 50-53 cents is likely over the next few months. Over
      Source: Bridge Info  -  65 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2906 21 Sea View 400 12 HI* Haw Par 245 HO Prima 570 +10 1.8% S land Wt 200 HO 5.3% J Cement 252 8 3.3% NatSteel 50« 398 *8 2.1% SPC Foreign 336 1 8 2.4% Firsi Cap Rts 27 7 35.0% GPBSSI60 460 '4 0
    2,906 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      128 21 Shinel YOUR KEY TO BETTERBUSINESSDECISIONS! shine is Singapore Press I foldings' inforich database financial statements highlights, graphs, latest results team: T. S. liu on 740 H)35, Hazel Ong on 740 1771 on Teleview, which incidentally the most advanced and company news. Mjk videotex! syste m in the world. For a
      128 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3401 22 Gentings 50* 840 t 35 4 VHi Perils Plant 52* f25 5.0% MTC78' 278 III 4.9% M Cement 50« 288 111 3.6% Hume M 186 »8 *2.1% SPK-Sentosa 80 tK 11 1% Amal Steel 50* 220 7 3.3% Esso 5C 450 6 t 1.4% M
    3,401 words
  • Page 22 Advertisements
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      533 22 BUSINESS T I .M__E__S__ Toll free Tel No; 737 0Q43 Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Lim Teck Lee of Blk 14 #19-1422 Hillview Ave Singapore 2366, have applied for a Retail Beer Shop licence in respect of premises at M/s Good Friend
      533 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes higher with retail support
      5250 23 Gainers outnumber losers by 165 to 54 Bernama STRONG buying support with more retail investors returning to the market took share prices here to a firmer close yesterday in brisk trading activity. The KLSE Composite Index at the close added 5.55 points to 603.02,
      Bernama  -  5,250 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      466 24 Mm Board Last Fal Year Forecast •ale Net Net Prefit EPS mcd Tear EPS Cms prefit Range Range Company Period last yr endaig (cts) dn (SIM) (SSa) (cts) SIR F May 20 Mar 92 143 2 40 0 912.800 9869-***** 1539-184 0 ■etre HMgs F kin 13 Mar
      466 words
    • Article
      OTHER RESULTS DUE
      418 24 1 1 list Fal Year Cmbmv Paris* Date Tear EPS Cms Hat aaMMced eadag (ets) profit (SS1H) last rear EMS Final Nov 6 Jul 91 30TE 17.8781 Jacks M Final Apr 30 Jan 92 2281 HTP Wdgs Final May 6 Mar 92 45 3.3 6.032 JC-MPH Final
      418 words
    • Article
      AUDITED RESULTS
      290 24 AUDITED RESULTS Company Date Yaar Groap Net Net earnings Gross ui to profit/loss (L) per share dividend COM) (caats) DBS Land Apr 30 Dec 91 550.908(530.978) 7.9(4.8) 5(4) Keppel Corpn Apr 30 Dec 91 $144.718($118.202 35(33.1) 10(8) scs Ape 30 Dec 91 52,828(52.467) 2 8(2.5) 5.5(-) S Steamship
      290 words
    • Article
      PRELIMINARY RESULTS
      234 24 Company Date Ynr Group pro-tax Not earnings Gross ann to profit/loss (L) por share dividend C000) (coats) Ganda Hldgs Apr 30 Sep 91 MJ2 464($12.700C) I 2( Heua Corpn Apr 30 Jan 92 M$220($1.313L) 2(2) lacks Int Apr 30 Jan 92 $1.5521(12 5061) -(-> Low Keng Huat Apr
      234 words
    • Article
      INTERIM RESULTS
      337 24 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (*000) SPH Apf 24 Feb 92 $123.204($110 396) 10(8) Times Pub Apr 20 Feb 92 $18.782($25.132) 4(4) New World Apr 1 Dec 91 HK$1.276d($521 808) 21(16) Burwill Mar 31 Dec 91 HH$14,779($11.169) 25(25) H Leong Credit Mar
      337 words
    • Article
      CORPORATE DEVELOPMENTS
      455 24 May 4 A wholly-owned company of Straits Steamship Land Ltd, Mansfield Travel Pte Ltd has merged with Safe Supertravel to form one of the largest corporate and leisure travel companies in Singapore. The new company will be named Safe Mansfield Travel Group Pte Ltd. May 2 A subsidiary
      455 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      753 24 Tram Registered Substantial Buy/ Shares Amount Shareholdings Stock Date HoMer Shareholder/Director Soil involved Before Chge After Ckge IN Securities 27/04/92 Chung Khaw Bank Ltd B 12.000 9.534 10.*****0 0 00 ***** 000 0 00 CSA Holdings 24/04/92 999 Fund Corporation Hans Schreiber *B ***** 52.650 22,610.999 1947
      753 words
    • Article
      DIVIDENDS ANNOUNCED
      1665 24 Current Ex Books Date Total for Total for payment date close payable the year last year Acmj 5% Jun 5 Jun 18 Jul 2 12 2% 10%TE Avmo 20c 125%TE Mar 3 Mar 13 Ma* 15 17 5%TE I25%TE B Raya 1% Jun 24 Jul 8 Jul 20
      1,665 words
    • Article
      APPROVED ISSUES
      220 24 Company Others Bolton Issue of $90 978m nominal amount of 35" Redeemable Unsecured Guaranteed Bonds 1992 97 wth 45 489m detachable TSRs on the basis of $2 nominal amount of Bonds for every three existing shares held Ei-date Apr 15 Books close Apr 30 Acceptance Payment kin 15
      220 words
    • Article
      PROPOSED ISSUES
      625 24 Company Rights Issue AKance Toch Pre tty-one «q $1 00 per share CASH Three tor two <a M$0 50 pet share DiC Bar* One tor two <u MSI 25 per share Golden Hope One tor su <« MSI 50 per share H Leonf hd Two for five <„
      625 words
    • Article
      COMPANY MEETINGS
      85 24 Hong Leong Industries Bhd: EGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Tun H.S.Lee, ***** Kuala Lumpur, on Thursday, May 7, at 11am Malaysian Pacific Industries Bhd: EGM at the Conference Room, 14th Floor. Bangunan Hong Leong. 117 Jalan Tun H.S.Lee. ***** Kuala Lumpur,
      85 words
    • Article
      SCRIPLESS CONVERSIONS
      52 24 Conversion Special Trdg Scripless Conversion deadline Period Trading Com pan) starts (IDP) (ST) starts Gold Coin* May 12 Jun 8 Jun 23 keppel Finance* Jun 10 Jul I Jun 19 Jul I Jul 2 I OI Apr 30 May 22 May 11 May 22 May 25 Footnote: indicates
      52 words
    • Article
      RECORD HIGHS & LOWS
      175 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mr 1316 68 21/2/92) 1992 licit *****2 (27/1/92) 1992 low: 1191 31 (09/4/92) 1992 tow: 1352.83 09/4/92) 1991 l*h 1333 08 3/6/91) 1991 hifh: 1565 58 3/6/91) 99 tow 022 52 6 1/91 >»w (16/1/91) 990 Mt- 1435 43 16/7/90)
      175 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 24 In local curr In S$ In US$ dy yr dy yr dy yr May 4 Index chge chge chge chge chge chge World 392.6 0.4 -3.8 0.4 -5.4 0.4 -7.2 tEAFE 470.4 0.1 -6.3 0.3 -9.7 0.4 -11.5 Europe 447.9 0.0 8.9 0.3 4.2 0.3
      367 words
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  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Foreign buying gives trading activity a boost
      1202 25 RENEWED foreign buying stimulated activity on the Jakarta share market yesterday. But brokers sought to dampen bullish expectations for the market, noting the bourse has suffered from high local interest rates, low company profit forecasts and a shortage of market liquidity. The market
      Source: Bridge Info  -  1,202 words
  • Article
    STOCK EXCHANGE OF THAILAND
    1622 25 Vol Vol May 4 Baht High I>ow COO) PE Baht High l-ow ("00) PE A.J. Plast 41.00 unch 41.00 40.00 287 21.2 Hantex 26.75 -0.50 27.00 26.75 169 11.4 Adkinson Sec 278.00 -2.00 280.00 276.00 455 19.3 Hua Thai Manufac Advance Info Service Ind Fin 222.00
    1,622 words
  • Page 25 Advertisements
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks continue to hit new peaks
      2684 26 Reuter SHARE priccs ended higher yesterday with the Hang Seng Index at another record close but profit-taking pushed prices well below their early peak, brokers said. The Hang Seng finished 17.42 points higher at 5,631.21 after a 70-point surge was largely erased in a
      Reuter  -  2,684 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      32 26 The Tokyo stock market was closed yesterday for a public holiday. j M M Hear anything? See anything? Smell anything? II so, call The New Paper Hotline Plus. tte^/ 734-7711. [paper I
      32 words
    • Advertisement
      Page 26 Advertisements Column 2
      52 26 Call 24 hours a day to find out all about the SPH AudioTex Service an interactive voice messaging service that provides you information and a "Sound" medium for your advertising needs. r' I Classifone Adfone y f j f Bizfoney Or log on to Teleview page ******2000#. Singapore Press Holdings
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  • Article, Illustration
    Lock icon Gains in early rally cut by Keating's comments
    2107 27 Reuter THE Australian share market ended slightly higher yesterday after Federal Government eomments on interest rates took the steam out of an early rally. The market opened briskly, heartened by Wall Street's performance and firm hopes of a one percentage point cut
    Reuter; Source: Bridge Info  -  2,107 words
  • REGIONAL STOCK MARKETS
    • NZ shares shed most of their early gains
      • Article
        NEW ZEALAND
        435 27 LEADING stocks on the New Zealand share market were well supported on good volumes in early trade yesterday, before the NZSE-40 Capital Index eased back in late trade to near opening levels. "It fizzled out near the end after being quite strong in the morning," said Tim Snedden
        435 words
      • Article
        MANILA
        563 27 PHILIPPINE shares closed mixed yesterday after profit-taking in oils pushed some prices off the day's highs but prices were still supported by demand from abroad, brokers said. The Manila Stock Exchange composite index eased 0.31 point to close at 1,245.52. The Makati index gained 3.92 to 1,272.08. "Buying has
        563 words
      • Article
        TAIPEI
        526 27 THE Taiwan stock index finished slightly lower yesterday, giving up its early gains, as investors retreated to the sidelines, brokers said. The weighted index closed 2.94 points lower at 4,536.53. Turnover was a thin NTS 16.77 billion against NTS 17.3 billion. The market opened more than 30 points higher
        526 words
      • Article
        INDICES & TURNOVER
        50 27 INDICES TURNOVER Close IYn<wi May S NEW ZEALAND NZSE-40 Capital 1,470.12 1.467.54 2.59 MANUA Composite Index 1.245.52 1.245 83 -0.31 Turnover (million pesos) 4156 370.74 +-44.86 TAIPEI Weighted Price Index 4,536.53 4.539.47 -2.94 Turnover (NTS billion) 16.77 17.3 -0.53 SEOUL Composite Stock Index closed 620.33 Turnover (billion won) 446 5
        50 words
      • Article
        Untitled
        684 27 Seoul Vl "> 4 Won (TO) Anam Electnc Ind 9 118 Anam Ind 554 554 Ankuk Insu 328 unch Asia Cement 400 f 21 Asia Motors 148 148 Bank Of Che Ju 78 -98 BankOfPusan 19 -100 Bank Of Seoul 2 90 Byuck San 6 203 Cheil Sugar 3 307
        684 words
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  • Dow soars 42pts to hit new record
    • Article, Illustration
      NEW YORK
      1507 28 STOCKS surged on Monday, lifting the Dow Jones Industrial Average to another record, as Wall Street welcomed the return of calm in Los Angeles and the return of investors, who fled on Friday, back into the stock market. The Dow gained 42.04 points, closing at 3,378.13, surpassing the
      1,507 words
    • Article
      FRANKFURT
      202 28 THE Frankfurt stock market closed on a weak note on Monday, a day which saw the DAX spot index fall 0.30 per cent to 1,728.29 points while the Commerzbank index slipped 0.20 per cent to 1,968.10. Under the influence of the continuing strikes in Germany, sellers heavily outnumbered buyers
      202 words
    • Article
      INDICES & TURNOVER
      67 28 INDICES TURNOVER May 4 Close Previews NEW YORK Dow Jones 3,378.13 3,359.12 +42.04 SAP 500 416.91 414.95 +4.38 Turnover (million) 174.5 177.4 -2.9 LOUDON Financial Times 30 closed 2,073.3 FTSE 100 2,654.1 Turnover (million) 719.8 FRANKFURT DAX Index 1,728.29 1,734.03 -5.74 AMSTERDAM EOE Index 316.69 314.58 2.09 PARIS CAC-40 2.041.62
      67 words
    • Article
      Untitled
      532 28 Other markets in Europe, South Africa and Canada Johannesburg May 4 Rand INDUSTRIALS A Alpha... 4150 unch AECI 975 50 AMIC 8000 225 Abercom 125 Amaprop 675 15 BAZ 1300 Barlows 5725 140 Basil Strk 10 Blyvoor 500 CG Smith ***** 250 Cnagalo 2600 unch Curfin 700 15 Edgars 5200
      532 words
    • Article, Illustration
      London
      543 28 May 1 Pence MPOTTHIALS Allied-Lyons 637 •10 Amec 167 5 Asda Group 28 *4 295 7 B Telecom 341 -Vt BAT Ind 767 10 BICC 333 -9 BOC Group 715 -5 BP 270 Vi 4 Yi BTR pic 468 1 Barclays 346 3 Blue Circle 275 2 Boots 473
      543 words
    • Article
      PARIS
      156 28 FRENCH shares soared on Monday after a session shortened drastically by technical problems, with the CAC-40 index of leading shares ending at its highest level since June 26, 1990. Dealers said Wall Street's surge persuaded the market, initially hesitant at its mid-afternoon opening, to change direction. The index closed
      156 words
    • Article
      ZURICH
      240 28 AFTER a slightly lower start the Zurich bourse closed just below the year's high on selective buying by foreign investors in industrial and chemical stocks on Monday. The all-share SPI index added 10.1 points to close at 1,179.6, just 0.1 point off a new year high and the SMI
      240 words
    • Article
      BRUSSELS
      303 28 BELGIAN shares closed slightly firmer after a day of cautious trading with most investors staying on the sidelines on Monday. Dealers said the fact that only two days remain in the current trading account may have dampened interest. Retailers Delhaize and GIB and oil major Petrofina were the most
      303 words
    • Article
      TORONTO
      360 28 TORONTO stocks finished a lacklustre Monday slightly higher in low volume. Traders said the slightly positive close came on the heels of a stronger market in New York, which soared more than 42 points to the year's 18th record close. The TSE 300 closed up 6.48 at 3,363.54 on
      360 words
    • Article
      AMSTERDAM
      325 28 DUTCH shares found their own path up to new highs on Monday as the Amsterdam market held its own trend against others. Several issues posted sharp rises with demand in a thin market outstripping tight supply, dealers said. "It was quite a good day, although I don't think volumes
      325 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar remains idle on lack of interest at European midsession
      1257 29 REPORTS I HE US DOLLAR remained idle just above 1.64 marks at the European midsession yesterday with traders reporting a total lack of investor interest. Demand for US Treasuries as the quarterly refunding gets underway should provide some support
      1,257 words
    • Article
      Lock icon Foreigners will not avoid treasury auctions: traders
      442 29 Impact of US race riots Reuter NEW YORK The recent images of mayhem in Los Angeles will not alter the buying plans of foreign investors in this week's US Treasury auctions, traders said. Despite the Los Angeles conflagration, the United States is still
      Reuter  -  442 words
    • Article
      Lock icon G7 reluctant to act on wish for strong yen
      278 29 Reuter WASHINGTON Japan faced an uphill task in convincing the Group of Seven last week to back a strong yen partly because of lingering concern that the collapse in Tokyo share prices could hurt other markets, G7 officials said. While that
      Reuter  -  278 words
    • Article
      FINANCIAL FUTURES
      1036 29 SIMEX EUtOOOLUUI Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95.94 95 95.93 95.96 M 05 612 ***** Sep 92 95.61 95.61 95.58 95.60 2400 1027 ***** Dec 92 94.86 94.88 94.84 94.88 1530 381 9873 Mar 93 94.62 94.64 94.61 94.64 500 306 3858 Jun
      1,036 words
    • Article
      INTERBANK FOREX RATES
      379 29 Cross rates May 5 USS SS MS Dm Yen SFr AS NZS uss 1.6560 2.5150 1.6500 133.40 0.5627 1.5140 1.3210 1.8570 ss 0.6039 1.5187 0.9964 80.5556 0.3398 0.9143 0.7977 1.1214 MS 0.3976 0.66 0.6561 53.0417 0.2238 0.6020 0.5253 0.7384 Dm 0 6061 1.0036 1.5242 80.85 0.3411 0.9176
      379 words
    • Article
      MONEY MARKET
      529 29 Interbank rates S$ Bid Offer Overnight I 1/2 2 1-month 3 5/16 3 7/16 2-month 3 5/16 3 7/16 3-month 3 5/16 3 7/16 Overnight mode: 3-7/16 ISS Jiid Offer 7 days 3 7/8 4 1 month 3 7/8 4 2 months 3 15/16 4 1/16 3 months
      529 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Kuwait to seek big increase in Opec quota
      398 30 AP NICOSIA, Cyprus Kuwait, its oil production being restored faster than expected, is lobbying for a big increase in its Opec quota of 1.5 million barrels a day, the Middle East Economic Survey reported on Monday. The respected oil industry newsletter, published
      AP  -  398 words
    • Article
      Lock icon Speciality coffee sales in US expected to grow briskly
      310 30 Reuter SEATTLE Players in the bourgeoning speciality coffee industry expect continued growth of the high-margin business despite acute oversupply problems that have pressured coffee futures contracts to 20-year lows. "The phenomenon here is unbelieveable," said Joseph John, president of Josuma Coffee
      Reuter  -  310 words
    • Article
      Palm oil edges lower as market lacks fresh leads
      712 30 KL tin remains unchanged with fewer players REPORTS THE MALAYSIAN crude palm oil market closed slightly lower yesterday after a quiet day, as sentiment turned easier in line with a lower futures market, dealers said. Traders said the market fell back
      712 words
  • Article
    PRICES
    1430 30 Rubber May 5 HAS (*»> Hlw) S cents/kg Noon Close Int I RSS Prompt 143.50/144 SON I43.75/I44.75N Int I RSS June 92 144 50/145 00 144.75/145.25 InllRSSJulv 145.25/145.75 145.50/146 00 Inl 2 RSS OP I44.00/I45.00N I44 00/I45.00N Int 3 RSS OP 143.50/144 SON 143 50/144 50N Int 4 RSS
    1,430 words
  • Page 30 Advertisements
Page thumbnail Page 31
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1214 31 City Flight ETA Flight ETD City Flight ETA Flight ETC Aim Dhabi GA886 0010 SQ105 1050 MH670 0950 AM.* QF81 1955 QF82 2205 j°J| fOffZ £?*> SQ109 1405 MH641 1315 Amsterdam GA895 1100 SQ324 2200 MH609 1450 MH610 1410 K1837 1255 KL838 2240 BR217 1555 SQIIO
    1,214 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Iraq seeks the intrepid traveller
      636 31  -  POSTCARD FROM BAGHDAD By Peter Smerdon IRAQ, reeling from UN sanctions, international ostracism and the devastation wrought by the "Mother of all Battles", is encouraging tourists to return. The sanctions mean Baghdad has no commercial air links with the outside world. The only way intrepid
      636 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.246S 1.2634 Canadian dollar 1.3738 1.4018 NZ dollar 0.8816 0.8995 Sterling pound 2.9272 2.9669 US dollar 1.6510 1.6590 Local dollars to 100 units of foreign currency Austrian schilling 14.09
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      76 31 Duration Title Venue Organiser Tel I Duration Title Venue Organiser Tel May 26-31 International Istanbul. Afeks Organizav (90)1/*****20 I 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 June Beijing
      76 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      41 31 Discover the lengths Fiimair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We know Europe from (tart to Pinniih.
      41 words
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      Page 31 Advertisements Column 2
      25 31 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749 2577
      25 words
    • Advertisement
      Page 31 Advertisements Column 3
      83 31 Travel to Europe and the major cities of the world As one of the world's largest airlines, For more information, contact us or our travel agents Aeroflot is able to provide passengers with the convenience of an international 1% g— network covering Europe and all major cities. So fly Aeroflot,
      83 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      335 31 I Exponent backed workers' f I PI 11 f I I I I body proposing current dis- ■M "BH|, 5 Hold up a box of Festive 5 goodies (6) 9 Holiday telegram may """"^BB"" ~~flHf ~bBJ__MB—JML—MB— 10 Light wood with head of '2 I I I I I I I
      335 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      155 31 Singapore Outlook: Showers over several areas in the late morning. Report: Maximum temperature 31.9 Assoc humidity 73% Minimum temperature 23.8 Assoc humidity 89% Hours of sunshine.... 4.80 Rainfall in mm trace Rainfall this month 17.3 Rainy days this month 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/10 Cloudy Bangkok 38/28
      155 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      20 31 fcliLk/JJAaPBSSIW PtU- NGJE.D NOIO IS "TO CbeT DESK CHfMR...- ITnI-TRBV.... SuMTCHeD ON fue UXDEKS.. 3fcfe9 C ASSOCIATED MCWSPATgW LTD.. IH2-IM2
      20 words
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  • Article
    Lock icon Britain cuts interest rates by half a point
    448 32 Move signals Tory govt's determination to stimulate economy Reuter LONDON Britain cut interest rates by half a percentage point yesterday to help stimulate recovery from the country's longest recession since the *****. The Bank of England's cut in its key money market
    Reuter  -  448 words
  • Article
    Lock icon Jakarta trying to get more members for new aid group
    330 32 AFP JAKARTA Indonesia is seeking to expand the membership of its new aid group to encompass more countries and institutions than its traditional donors. The newspaper Bisnis Indonesia quoted Finance Minister Sumarlin as having said in Hongkong on Monday that
    AFP  -  330 words
  • Article
    Lock icon Bush moves up Los Angeles trip to map out plans for reconstruction
    415 32 Reuter WASHINGTON President Bush will fly to Los Angeles today, one day earlier than originally scheduled, to map plans for reconstruction, the White House said. Mr Bush will leave for California this afternoon or evening, "mainly to accommodate
    Reuter  -  415 words
  • Article
    Lock icon Flights cancelled as strikes spread to Frankfurt airport
    264 32 Reuter FRANKFURT Flights to and from Germany came to a virtual halt yesterday as the strike by government workers spread to Frankfurt airport, one of the world's busiest. It was the heaviest blow yet by public workers who shut down most regional
    Reuter  -  264 words
  • Article
    Lock icon China drafts first anti-corruption law to fight high-level graft
    360 32 AFP BEIJING China has completed its first anti-corruption law that gives prosecutors new powers to counter high-level graft, a leading cause of public discontent, press reports yesterday indicated. The law will be submitted before July to the standing committee of China's
    AFP  -  360 words
  • Article, Illustration
    German air traffic hit but airlines stay hopeful
    419 32  -  Strikes in Germany By Juliette Walker SINGAPORE Air traffic to Germany began to suffer hiccups yesterday when the strike plaguing industry and airports spread to the major gateway of Frankfurt. Lufthansa had to divert its morning Singapore-Frankfurt flight to Munich. It sent
    419 words
  • Article
    Lock icon Myanmar junta appeals to warring ethnic groups
    442 32 AFP Reuter YANGON Myanmar's ruling junta appealed yesterday to the warring ethic groups to lay down their arms and instead join the regime to bring about national reunification. It invited the factions, which have been battling Yangon for over 40 years, to take
    AFP; Reuter  -  442 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      197 32 CHARTPOINT Every Saturday in Business Times ">»iBf' I > Q i M g»j|, JjL, i|^Lm Avjilahie Kxi Uisivrlv SINCAPOfIKF.: Bufbrrrys Main Shop: VJO I >rt hjrd R«»j<l "HI Ol (>2 I'jljis Ki-iuismih Ar« jilr. Singj|»*«f«- '*>2*- TH "MA~I I ■urbrrry* Shop-In shop: OAIMAKI lips On hard HAI.I.EY S ISFTAN ttevrkiik
      197 words
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      Page 32 Advertisements Column 2
      13 32 Bewilderment in Hollywood, Pg 15 Foreigners will not avoid treasury auctions, Pg 29
      13 words
    • Advertisement
      Page 32 Advertisements Column 3
      180 32 CHARTPOINT Every Saturday in Business Times Advertisement SINGAPORE STOCK MARKET Computerised databases designed for optimised indepth research Access to a high speed structured database gives undertake direct data sourcing and research. Our the Fund Manager and Researcher an added edge dedicated Financial Database Administrators in in today's fast market cycles.
      180 words
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  • SHIPPING TIMES
    • Article
      Singmarine wins deals from China, Vietnam
      318 33  -  By Rahita Elias SINGAPORE Singmarine Industries Ltd has clinched two shipbuilding contracts from South China and a ship repair contract from Vietnam, worth a total of $10.5 million. Singmarine's executive director Wong Kok Seng said in a statement yesterday: "Singmarine Industries' marketing effort in
      318 words
    • Article, Illustration
      Bright outlook for Asian oil rig industry: SemBeth
      322 33  -  By Ramesh Divyanathan SINGAPORE Sembawang Shipyard subsidiary Sembawang Bethlehem is optimistic about prospects in the Asian region. Speaking yesterday at the naming ceremony for a new rig, Semßeth executive deputy chairman Tan Mong Seng said prospects for supplying the regional offshore oil
      322 words
    • Article
      Lock icon Vietnam and US to discuss air links
      102 33 AFP HANOI Vietnam Airlines is to send a delegation to the United States to discuss opening air links between the two countries, a Vietnamese weekly said yesterday. Tuoi Tre said the delegation would arrive in the US in mid-May, preceded by a group
      AFP  -  102 words
    • Article
      Lock icon US warship docks in Malaysia for repairs
      104 33 AP KUALA LUMPUR An American warship has docked at a Malaysian dockyard for repairs as the US looks to other South-east Asian nations to replace facilities being lost when a US base in the Philippines closes. The 8,450-ton USS Tuscaloosa became the first
      AP  -  104 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1180 33 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrcnkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 18 4 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 4
      1,180 words
    • Article
      Lock icon Taiwan's CPC set to expand bunker business
      414 33 Reuter SINGAPORE Chinese Petroleum Corp (CPC), Taiwan's sole bunker supplier, will double its barge capacity to boost bunker sales but Singapore traders say there is no immediate threat. Stateowned CPC will in August add four new barges of 900 tonnes each to its
      Reuter  -  414 words
    • Article
      S'pore may form hub-to-hub link with Adelaide
      236 33  -  By Dexter Lee SINGAPORE Singapore may soon form a hub-to-hub link with the Australian port of Adelaide to boost trade between the two countries. Adelaide will be the gateway and distribution centre for time-sensitive cargo bound for various Australian destinations, while Singapore will
      236 words
    • NEWS SUMMARY
      • Article
        Rigs hit by poor day rates
        42 33 DRILLINg activity has been cut back after the recent oil price weakness, and many predict the industry will suffer under a climate of low day rates for most classes of rig into the mid-90s. Page 2
        42 words
      • Article
        Volvo agrees to up stake in Procardia
        47 33 VOLVO AB reached agreement on Monday with the Swedish government over the auto maker's links with Procordia AB. Under the agreement, Volvo would increase its stake in Procordia but would not merge with the food and drugs company Back Page
        47 words
      • Article
        Hanjin secures sole use off Osaka box terminal
        34 33 HANJIN Shipping has secured an exclusive container terminal in the Japanese port of Osaka to sharpen its competitive edge in the liner trade markets Back Page
        34 words
      • Article
        Thai forwarders see VAT as hindrance
        38 33 FIVE years after its establishment, the Thai International Freight Forwarders Association (TIFFA) has run into trouble from an unexpected source, according to a report from the Thai daily, The Nation. Back Page
        38 words
      • Article
        Dubai considers plan to be cruise centre
        30 33 THE government of Dubai is considering an ambitious plan to establish the emirate as the cruise centre of the Middle East Back Page
        30 words
    • LOG BOOK
      • Article
        NZ port of Tauranga shares list at premium
        113 34 WELLINGTON Shares in Port of Tauranga Ltd the first New Zealand sea port to be privatised listed at an 18-cent (17 per cent) premium to their NZ$l.O5 issue price in early trade. The shares listed at NZ$l.23 and soon went on to
        113 words
      • Article
        One bid to operate Argentine rail
        93 34 M BUENOS AIRES Only one group presented credentials to qualify to bid for a 30 year concession to operate cargo services on Argentina's 3.343 kilometre General Roca railroad system. Transport Secretariat sources said. Operator for the consortium, which is headed by cement company Loma
        93 words
      • Article
        Leak in Maltese bulker patched
        89 34 LONDON The leak in the engine room of the Maltese bulk carrier Afthoros has been patched, Lloyds Shipping Intelligence Service reported. The 77,277 dwt ship was at Richards Bay, South Africa, when its engine room flooded due to a cast iron piece of piping shearing
        89 words
      • Article
        Bomb scare on Indian flight
        64 34 NEW DELHI An Indian Airlines plane was forced to turn back minutes after it took off from New Delhi for the Pakistan city of Karachi yesterday following a bomb threat, airline officials said. The Airbus A 320 flight carrying 75 passengers took off on schedule
        64 words
      • Article
        Fire disrupts phone services
        72 34 NEW DELHI Fire partly destroyed the main telephone exchange in the Indian capital yesterday disrupting telephone services including emergency lines to the police and fire brigade, fire officials said. The two-hour blaze, brought under control by some 45 fire tenders, also incapacitated the Indian Airlines reservation
        72 words
      • Article
        Air New Zealand gets award
        83 34 AUCKLAND Air New Zealand has once again scooped the Executive Travel Magazine Airline of the Year Award for the best carrier to the Pacific, making it the ninth year it has won the award. It is understood that the carrier is the only international airline
        83 words
    • Article, Illustration
      Lock icon Rigs hit by poor day rates
      1062 34  -  Drilling activity has been cut back after the recent oil price weakness, and many predict the industry will suffer under a climate of low day rates for most classes of rig into the mid-90s. Christopher Hopson reports Christopher Hopson Lloyd's List OIL company drilling
      Lloyd's List; Source: Drewry Shipping Consultants Ltd; Source: Country NatWest  -  1,062 words
    • Article
      Lock icon Draft code aims to promote safety
      875 34 Regulations based on general principles and objectives Lloyd's List International THE DRAFT International Management Code for the Safe Operation of Ships and for Pollution Prevention (International Safety Management Code) is, according to its authors, based on "general principles and objectives so as to promote
      Lloyd's List International  -  875 words
    • Article
      THE SHIPPING GUIDE
      17521 42 This is a list of ships loading 24 at Singapore for ports around the world. It tabulates, by c< destination, the name of the ship, the shipping line in- cj volved and the estimated n dates of arrival and departure £1 from the Port of Singapore, n
      17,521 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        735 49 VosmI Voy No Berth Arrival Departure nMl No Bth frrwd 0«wto« iinx MI Hiiii■! i S6inbiw in( Terminal TT |J!r un 71ftn jinsei Maru 16 SOI alongside 05 05/1030 *™na Mas 1 005 M02 atongs.de STA10 gg atongside 0505/1600 BatamMum, 050 92 M04 atong*de 05 05,2300 NB
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        IN MALAYSIAN PORTS
        232 49 joiww pm Bcrtc 1: Bunga Mas; 2: Pernas Proton; 3: nil; 4; Levantas; 5; Barge Munar No 2; 6: ml. 01 jetty: nil DC* ml. Due on May 5: Shoko, Botany Triad. Kyoei Maru No 1. Oxalts, Sri Nam Hua No IH, Han Bhum, Uni Master Due
        232 words
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        CONTAINER SCHEDULE
        1459 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Contanen avaiabie Slip Voy Ho Cantaimn mfcMt HuaWw 31W 0000 92 0000 Dragon Bran. 27S COO(EST) *****2 1500 Planeta 3060 04 05 92 1020 SI Voyager 176E COO(EST) 04.05 92 2300 Anes 9237 0405 92 1050 H .kawa
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      TRANSPORT DIARY
      1451 50 May 8 (1 day): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. May 15-16 (1V> days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of
      1,451 words
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      DAILY FREIGHTS
      201 50 THE Baltic Exchange* and the freight futures market (BIFFEX) were closed on Monday for the UK May Day holiday. Last Friday, freight market strength looked set to persist and the Baltic Freight Index gained three points to 1.219, having risen 15 points on Thursday. Brokers reported firmer rates
      201 words
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      Lock icon Volvo agrees to increase stake in Procordia, withdraw merger plan
      586 52 Pact ends 3-month standoff between Volvo and Swedish govt NYT STOCKHOLM Volvo AB reached agreement on Monday with the Swedish government over the auto maker's links with Procordia AB. Under the agreement, Volvo would increase its stake in Procordia but
      NYT  -  586 words
    • Article, Illustration
      Lock icon Dubai considers plan to be cruise centre of M-East
      323 52 Lloyd's List DUBAI The government of Dubai is considering an ambitious plan to establish the emirate as the cruise centre of the Middle East. The project would involve the construction of a cruise terminal either in Port Rashid or in the
      Lloyd's List  -  323 words
    • Article
      Lock icon European airlines hit out at EC policies
      213 52 AP BRUSSELS, Belgium European airlines on Monday launched a broad attack on the European Commission's environment, foreign and tax policies. The Brussels-based Association of European Airlines criticised the Commission's proposed carbon tax, a policy paper on the environment, attempts to take over negotiation
      AP  -  213 words
    • Article, Illustration
      Hanjin secures sole use of box terminal at Osaka
      335 52  -  By Dexter Lee SINGAPORE Hanjin Shipping has secured an exclusive container terminal in the Japanese port of Osaka to sharpen its competitive edge in the liner trade markets. The South Korean carrier officially opened the Osaka C-l Container Terminal recently after
      335 words
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      Thai forwarders see VAT as hindrance to growth
      631 52 BANGKOK Five years after its establishment, the Thai International Freight Forwarders Association (TIFFA) has run into trouble from an unexpected source, according to a report from the Thai daily, The Nation. The freight forwarding industry has grown along with the country's remarkable
      631 words
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      PAT extends deadline for tariff payments
      356 52 BANGKOK The Port Authority of Thailand (PAT) has announced an extended tariff payment deadline for shipping lines, after a delay of over a month. According to the Thai daily The Nation, the PAT last month agreed to allow shipping lines to stretch their tariff
      356 words
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      16 33 Rigs hit by poor day rates. Page 2 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
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      Page 33 Advertisements Column 2
      156 33 im Enquiries jfli, Welcome U Shipping Services y INDONESIAN STEVEDORE PORT SERVICES For all Indonesian main ports including outports SHIP MANNING Indonesian crew »d officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE: SSK? Y |§BSi We Offer More Service We're there
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      26 33 Contamer Schediie 17 (My FragMs 18 Irak* 1 Shipping Guide 10,11 Slips in Port 17 Singapore Tries 17 Transport Diary 18 Weather and Sea Conditions 17
      26 words
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      117 34 i 4H > >• i i f- i i im >."£• J-' ■i > '4 -V P XZi k >.■ Z '-< V'-T i ?V( F V S" v '< j y V v •V" ".-.A V I J Y• "■> *f* 1% > SOME OF OUR TOP TALENTS ARE
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      4180 35 M OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES A#lf## Alllfr BOOKINGS TEL *****34 *****58 gMM TERMINAL/CFS TEL: *****18 220 P ***** H PESAKA JAROINE SHIPPING AGENCIES SDN. BHD. LVA7 J PORT KELANG TEL *****18 FAX *****91 *****88 p. .—7Z 7~~P. PENANG TEL *****4 FAX: *****1 CFS TEL: *****6 Dedicated to
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      Page 35 Advertisements Column 2
      1525 35 ■gimmi NEXT SAILING TO U.S.A. LAUST MAERSK V 9208 ETA SIN 11/5/92 MARIE MAERSK V 9206 ETA SIN 12/5/92 Vessel Voy ETA ETO Feeder By DESTINATIONS Work) Lynx/ Arm This week Marie Maersk 9206 ¥CTTTW!nff— 12/5 0800 HRS Port mug CFS 11/5 2359 HRS Kelang Penang OAK LGB HOU MEM
      1,525 words
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      1357 36 Ul 1 ROAM/ MfM VOY NO S PORE JEDOAH S HAMTON H BURG ANT LE HARVE KATSURAGI 11/118 7/5 16/5 30/5 26/5 25/5 Ml WESTBOUND THAMES 11/318 10/5 27/5 29/5 1/6 2/6 MXT HUM ft POMM LA SEINE 24/119 14/5 23/5 6/6 2/6 1/6 CMSO TO IK/CONTKRT HOECHST EXPRESS 03/319
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      Page 36 Advertisements Column 2
      579 36 SEASPAC SERVICE COHTAIHMI« WIAMUU DKECT SOUTH PACIFIC SERVICE sin Inou suv PPT JANIKA II 3601E8 25-27/5 7/6 10/6 16/6 PALEMBANG 3702E8 25-28/6 10/7 13/7 18/7 Transit Tim« 13) 06) (22) AISO ACCEPTMG CARGO VIA SUVA 10 lAUIOKA. PAGO PAGO. APIA. NUKUALOFA. P VILA FASTEST SERVICE TO CHLE/PERtI SIN VAP SAI
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      Page 36 Advertisements Column 3
      1541 36 Utl REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/WY SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) N. PRMCESS 9210 3 10/05 21/05 30/05 01/06 02/06 03/06 04/06 05/06 07/06 NORASIA PEARL 9211-3 17/05 08/06 10/06 12/06 13/06 14/06 15/06 16/06 17/06
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      1933 37 STRAITS SHIPPING PTE LTD ■£§H 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fax: *****17 ACCIPIS Otf S»»S SPOttI B'KOK CW,GO ISIEBRUGGf V 09N 13-14 MAY 16-17 MAT Vo6t Mux, Skjn. Ijw 06 Ma* 0« May marion V 004N 09 10 MAY 12-13 MAY STRAUS HOPE VO6I
      1,933 words
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      Page 37 Advertisements Column 2
      2486 37 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd A 9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VOV -mo *PKG MM ALG SOU AWT ROT HAM JED VESSEL WO*
      2,486 words
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      Page 37 Advertisements Column 3
      97 37 CONTAiERtSED/SEM-CONTAMERISED/PALLETISED SERVICE TO PASO GUDANG PORT KELANG, KUCHMG SBO MALAYSIA SPORt PASK 6UDAW6 IOAOMG FOR GENKI Vl2/92E 9/5 9/5 KUCHMG/PONTIANAK GIN* V9210E 16/5 IS/5 SMJ/SARKEI SPORE PORT KELWG •GIN* a V.M 10/5 11/5 PORT KELANG GIN* V OK 13/5 SBU KUCHMG GIGI V.CI 2 14/5 15/5 KUCHMG GIGI V.CI 3
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      547 38 9B CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE WLWY SPORE ROAM JUMM HBJIC BREMEN ANTWERP [TA/D HUTAI 25*8 11-23/5 26/ 1/7 5/7 10/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Alto accepting cargo to Caeablanca, Port Said, Port Alexandria, Genoa, Trieete. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL
      547 words
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      Page 38 Advertisements Column 2
      1584 38 HANJIN SHIPPING FOR YSI I SM ILM HAUL IGB OAK FOR «l SW ILME HAUL SAV LM NYC HAMM KAOHSUNG OME 9 b OMECT 315 3,6 HANMI KUNSAN 074E 115 HI YOKOHAMA 03H 18/6 19/ C 21/6 HANJIN BREMEN 003E 17/5 DIRECT 7 6 10 6 FISHGUARD BAY 18/5 M
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      Page 38 Advertisements Column 3
      1317 38 Ini scp use mac HG pus mi o» ngt m no m c» ui nc iw m iw i* w m ca ni scp I CLtAMT K-417 7 5 12 5 14/5 14 5 11,5 115 21/5 22,5 2* 5 23 5 5 4 17 4 HI 20 4 JO
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      Page 39 Advertisements Column 1
      1981 39 jr NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 P UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 AUST/INDIA/PAK SERVICE *****00 •Wf NEPLINE SDN BHD MALAYSIA Jfrjr K
      1,981 words
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      Page 39 Advertisements Column 2
      1106 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNOOISCHARQNG WESTBOUNO—LOWNG TRAHSHTPED VIA ROTTEROAIT tmns |w« wc |sm
      1,106 words
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      1571 40 "W" AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 l\l M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD Mb. A X IJi TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT INTERNUSA TEL:
      1,571 words
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      Page 40 Advertisements Column 2
      820 40 PHILI-ORICNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:**********8769/*****00Telex: R*****0FAX:*****76 *****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PAC*nC FCULCL SERVICE 1 i 14 MAY SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 14 MAY AUCKLAND. WELLINGTON,
      820 words
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      Page 40 Advertisements Column 3
      338 40 A-Tt! GOLDEN LINE A wfcfc>v guan guan shipping \JSo4 < PTE > LTO 23. Teto* «yer Street SMGAPOtt 0104 TCI *****88 (10 IMS) Fn *****04 (Ctt No 101 ?«******) ITKAITB/PERBIAM CULT IMTICT Spore P Mang Penang GOLDEN HARVEST Colombo Karachi Dubai 12/14 May GOLDEN KM Colombo Karachi Dub* t/l km
      338 words
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      2443 41 aasbPfl PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSi W V flu 140 Cecil s,reet #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO *****6/QOOOE (JAKARTA 1 1 BANGKOK 1 VESSEL VOV SIN JUT SIN VESSEL VOY SIN BKK SIN KOTA INDAH i«i KOTA MAWAR KMW2I4 7/5 10/5 14/5 BUNGA TERATA. Zl
      2,443 words
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      Page 41 Advertisements Column 2
      733 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY rcrocn vessel penang pkelang ocean vsl/vqy sin souoi rtm<2) hamoi got »4> ANSON TBN TOYAMA 2182 12/5 3V5 1/6 3/6 ANSON/ TBN 15/5 AHOSIA 2192 i9£s V 6 7/6 8 6 IQ/6 ANSON'TBN 22/5 23/5 NiHON 2202 26/5 '2/6 t4/6 15'6 17/6 ANSON'TBN
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      Page 41 Advertisements Column 3
      304 41 M MYANMA wHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf PAGAN VIIZW M PI HP* AN VI77W 14,16 May C/ 9 May PAGAN VIUN 2VZS Hay NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.49 SINGAPORE 20 May ETA Lagos 13 Jun
      304 words
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      3174 44 Liner Services Liner Services Malaysia's Agents: Indonesia s Agents: I Buan Guan Shipping Sen Bhd Cheng Chioo Shipping Sdn Bhd P.T. GtoW Putra ktdomata Maritime General Agents: Booking Agents: General Agents. Booking Agents: m Pemaran hj/a m«/.i Wuu /9 a wan Koni hii* mum jmntttvn Yick Fung Shipping Shipping Freight
      3,174 words
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      Page 44 Advertisements Column 2
      324 44 SAMUDOU INDONESIA (S) PTI LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 01M Taios: R*****0 Tafc *****(1-3 Fun 229 4*», 237*130 FOR BOOKINGS CALL DIRECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOV SIN JAK DERAJAT 980 IN PT 08/05 (FRO TWADIKA 933 09/05 (SAT) 12/05 (TUE) LAWANTI 960 11/05 (MON)
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      Page 45 Advertisements Column 1
      691 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 10/5 ROTTERDAM 10/5 HAIFA/ASHDOD/ALEXANDRIA 10/5 HAMBURG/BREMEN 10/5 MARSEILLE/FRANCE 10/5 FELIXSTOWE/UK 10/5 BARCELONA/SPAIN 10/5 LEHAVRE/ANTWERP 10/5 GENOA/ITALY 10/5 GOTHENBURG/SCANDINAVIA 10/5 H v m d •lillltHJ I HUM jfj M LOS ANGELES/WC/IPI 10/5 I SYDNEY/MELBOURNE
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      Page 45 Advertisements Column 2
      893 45 r£ri RICHFIELD MARINE A6ENCIES (S) PTE LTO OS TEL: *****33 (12 Lliws) BFAX: *****15/*****03 TELEX: RS ***** RI3HIP (3 Line*) Pt\ ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA |LOADING *OH SPOKE NE TSANfc I ?6WB Ob 06 L)AHESSALAAM MOMBASA DJIBOUTI ASSAb MASSAWA ABVOT
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      Page 45 Advertisements Column 3
      515 45 JAKARTA BANGKOK una w m [vessel voy mwoh bmkmm WAN* BHUM 140S 09/05 12/05 KANT A BHUM UN In PI 06/05 Sit 09/05 BENIA BHUM 33S 13/05 lt/05 lAWI BHUM Ml Thw 07/05 Um 10/05 NANA BHUM 141S 11/05 19/05 MAHA BHUM# 107N Sun 10/05 Wx) 13/05 SEMARANG/SURABAYA gjj- -7
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      Page 45 Advertisements Column 4
      361 45 mm TKER-UDE VSL VOY SMGAPORE MADRAS SMGAPORE KSSH DOT SM MM SM IKU CIOUD VI4M k Plrt 13-14/05 20 21/05 iku ansa 2tM iou/os u i«/ 05 24-25/05 ran sim isn 13-14/w 2022/05 21 n os IKU SPEW 204W 14 17/05 23-25/05 10 31/05 ~VSL VOY BMQAPOfC/CALCUTTA/BMQAPOnE VESSEL VOY SM
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      1638 46 S'PORE IMPORT: *****11 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 j P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCANNED PORTS COLOMBOS. AFRICA |j PEN PK SIN Colombo 6/5 7/5 8/5 j 10/5 11/5 12/5 Ldn/Fli/Rdm/Ant Durban/Pt Louis 6/5 7/5 8/5
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      Page 46 Advertisements Column 2
      286 46 BLUE STAR LINE TO FROM A/ NEW ZEALAND AND T/S TO FIJI TO AND FROM NE~W ZEALAND PORTS SIM in AKI ITI sm PHOSPICT Its 10/S 22/5 VIA NPI 24 5 10/6 fU STAR ISIS IS/5 27/5 VIA NPI 29/5 15 6 PREMIER IBS 29/5 10/6 VIA NPI 12/6 29/6
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      Page 46 Advertisements Column 3
      1141 46 THONG SOON LINES PTE. LTV. 77 ROBINSON ROAD #15 00, #16-00 SIA BUILOING SINGAPORE 0106 < J TEL: *****88 FAX NO: *****11, *****22 WEB* TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER SIRVICtS 1 SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor leT*
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      838 47 IVftitov COMPANIA PERUANA TOE* DE VAPORES "PERUVIAN STATF. LINE" "ciii »n' H^.»URBUIK/FCI/SOC CARGOES TO/FROM l0 1 OTHER »*«JVIAN PORTS* "gNJ/S *1 *081 ON CPV THROUGH BILL Of LADING. WEV"EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ItCmiNC BRIAKBULK/SOC CARGOES TO/FROM •U**. YOKOHAMA. NAGOYA, MOJI. TOKYO*. fIANKA*. OAVAO", Penan| J P. Kelang
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      Page 47 Advertisements Column 2
      522 47 [ram® N.AMERICA/CARRIBEAN SERVICES VESSEL IVOY ISW [MARtWR [VOY |LA» [RSI S [NYC IHM MilMI lUL Jil. Jii_ lii_ llil_ 2SLi_ AM ttLBOURI* 215E 17/5 M SAVANNAH 111 16/6 25, i «;t 1/7 111 im ALHAIBRIA 71E H i ON SAVANNAH 37E 16/6 75/1 21/6 1/7 1/7 IM RAOHSRW6 ***** 111
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      Page 47 Advertisements Column 3
      512 47 X MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI HAMMAN SIIARIAH OOIIA MUSCAT BAHRAIN ABII DHABI BANDAH ABBAS lIDOAH FAR EAST ACCEPTING FCL/LCL PtNANtj P HUANi. JAKARTA BANGKOK HONG HONG lAHVAN lAPAN MANIIA DMA UK/EUROPE ACCEPTING FCL/LCL lONDON mixsrowf UFDS JIJBUR> ABIRDUN Lt HARVf HAMBURG ROIIIRUAM ANIWEP GOTTKNBURG COPINHAGIN
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      Page 47 Advertisements Column 4
      521 47 nngum 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 BOOKMG LUCKY TRANSPORT I
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      Page 47 Advertisements Column 5
      469 47 SIN FM EAST 10/5 KEELUNG/KAOHSIUNG 10/5 BANGKOK 08/5 MANILA/CEBU 12/5 JAKARTA/BELAWAN/SURABAYA 11/5 PORT KELANG/PENANG/E. Malaysia 11/5 BUSAN 10/5 TOKYO/YOKO/KOBE/NGO/OSA 10/5 HONG KONG S|N CHIIU 10/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SM EIIHOPE/UK 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. SM USA/CANADA 10/5 LOS
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      924 48 Bit FIL CONTAINER SERVICES PTE LTD MADRAS CALCUnA VSL SIN/MADRAS VSL SIN/CALCUTTA SM MAO ST SM CM SM NIK AVAIABIt 05 06 05 13-14/05 2071/05 l*«l HVAHABU 05 05/05 11 15 05 21 22/05 10-11 05 IS l» 05 24 25/05 OS M/ 05 15-H/05 25 2t 05 13-14 05
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      Page 48 Advertisements Column 2
      442 48 BontermJ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 13th May BANGKOK 10 May FREMANTLE 10 May EUROPE 10 May GOTHENBURG 10 May PENANG 10 May PORT KELANG 8 May JAKARTA 12 May MELBOURNE 10 May SYDNEY 10 May ©235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang:
      442 words
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      Page 48 Advertisements Column 3
      484 48 This Week's Sailings j i TV lo Singapore Singapore Bangkok K..05 02 Si iltiE Los Angeles J| Manila 08.05.92 (Onforwarding To Mid West/ 10.05.92 t i mtwi 10 05 92 East Coast qc Colombo QftSA) Tel: Fax: < *hr»a mM Singapore 778 6522 779 2738 <.«n«ti Mm GLlSkrJohorc 07-*****8 07-*****3
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      Page 48 Advertisements Column 4
      457 48 liijj.iLj-inji-iiiuimj FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 6?NB 9/5 VIGOUR SINGAPORE 26K8 16/5 BANGKOK 10/5 17/5 BUSAN 11/5 18/5 I HONGKONG 10/5 17/5 USA 11/5 18/5 PT LOUIS/DURBAN 18/5 4/6 KEELUNG 11/5 18/5 PT KELANG 8/5 12/5 OSAKA 12/5 19/5 PIRAEUS 17/5 24/5 KOBE 10/5 17/5 IAKARTA 8/5 12/5 OUBAI
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      9 49 Managers must manage. BT shows you how every Monday.
      9 words
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      307 49 Vv_)C V )C Vv_JC Vv^C U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION 0 VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSOUWTOR VWTH WORLDWIDE NETWORK V J Weekly FCIACL Services V > USA JEUROPE FAR EAST > BaßknoceVolainerConsolidationServices i Hamburg:VanOmmerenHamburgGmdH S'pore: Van Ommeren Shipping (S) Pie Lid. 0 Boston: Boston CoreoHdalon
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      463 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 ********************1400 ISM lfiOO 1700 *****900 *****100 2200 2300 Jfi 32 32 30 26 19 13 08 05 03 04 07 1 3 19 23 24 24 2.1 16 12 10 10 12
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      Page 50 Advertisements Column 2
      396 50 I COSCO UKC COWVEWnONAL SERVICE VESSEL PKL PNG P Q LOADING FOB: A VESSEL 28/05 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: KAIHENG 15/05 20/05 Hoanopo/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      338 50 li k H'J 1 iT* BEUING CHANGCHUN CHANGSH^^P^CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU tfiP 1 SnnOOfLS /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fox: *****73 Telex: ***** W6ATE Calcutta f Chlttagong n^lsGiSTl^-| Karachi COLOMBO
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      Page 50 Advertisements Column 4
      42 50 The weekly freight report was unavailable due to the UK May Day holiday on Monday. Managers must manage. Business Times shows you how every Monday. Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT
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      Page 51 Advertisements Column 1
      1247 51 HYUNDAI II MERCHANT MARIWE CO. LTD. VIA FEEDER PACIFIC SOUTH-WEST SERVICE I PNA* PKE* PGO* SIT TO USA VOY MO LBN OAK OAI/HOU CHI SIU NYC I 21/04 22/04 24/04 01/0% H INNOVATOR 491 08/05 25/05 2S/05 28/05 29/05 29/05 31/05 I 05 05 29 04 01/05 08/05 H EXPtORER
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      Page 51 Advertisements Column 2
      507 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS visstL not v n KMC RR COSMIC CHALLERCIA It SIB HO MM HLM 12 SID Mil* Ml* J 11/S SORSAI 1J 12S 1(1 TIMS AOTO 39 11/S 15 TARMK EMS 22 M S 22/S SIMM* S3 11/S US SHI
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      Page 51 Advertisements Column 3
      757 51 ISTORE RD S TON HWRG A DAM LEH AtM Acctplnf Cxp far RAISURAGI 111/111 7/5 16/S 30 5 2C/S 2S/S Rottfrdam lo Antwerp Amsterdam. Orit Hdunlu IHAARS Vll/311 10/S 27/S 29/5 I/O 2/6 SauMtanptan lo a* UR dnhnitmi Belfast Mid DiMn IA SIM 24/119 14/5 23/5 2/6 l/( Rotterdam I*
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      Page 51 Advertisements Column 4
      121 51 BINTAM6 MAS SHIPPING PTE. LTD. 39 NEIL ROAD SMGAPORE 0208 TEL: ***** M TLX: R*****5 SINMER FAX: *****64 KCtns mrs or sroK cmco otsnwmsß (MTMK KIMI ¥1« I* B-J BMTMC SOW *1U 1112 lb, 0» It M» ifc. KKUtT KN& n* II 12 H KKlin Ml* VOK IS 19 Mjf
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