The Business Times, 7 May 1992

Microfilm: NL18201
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    19 1 Business Times MITA (P) 35/12/91 Thursday, May 7, 1992 THE Hi SIS ESS PAPER FOR S-E ASIA 75* L
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  • NEWS SUMMARY
    • Article
      China banks urged to become more international
      92 1 1 lONGK( >NG China's central hank has called on the country's banking industry to become more international and some banks have already applied to open offices abroad. "Chinese financial institutions should actively achieve the conditions (necessary) and enter the international market," People's Bank
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    • Article
      EC to raise budget by 2pc next year
      66 1 BRUSSELS The European Community plans to increase spending in 1993 by 2 per cent to 64 billion European Currency Units (about SSI32 billion). EC Budget Commissioner Pieter Schmidhuber said yesterday that it was an unusually low increase because of a forecast drop
      66 words
    • Article
      Assurance from Johor
      31 1 JOHOR Mentri Besar Muhyiddin Yassin has sent a clear signal to reassure Singapore investors in the wake of the souring relations between the Republic and Johor. Page 2
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    • Article
      Boost to confidence
      27 1 THE Singapore government's assurance that manufacturing would stay the main engine of growth is timely and would boost business confidence, say manufacturers Page 3
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    • Article
      More visitors seen
      47 1 THE NUMBER of visitors in the first quarter of 1992 jumped 22.1 per cent over the first three months last year, according to the Singapore Tourist Promotion Board, but the board cautioned against overconfidence as 1991 was affected by the Gulf War. Page 4
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    • Article
      Drive tie-up planned
      25 1 US DISK-DRIVE maker Integral Peripherals is planning a joint-venture company in Japan with a Japanese partner to make 1.8-inch drives. Page 4
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    • Article
      Philippine pledge
      19 1 THE OUTGOING Philippine government will call on its successor to forge close ties with Asean Page 10
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    • Article
      Cabs still tops
      22 1 LISTED Singapore Automative Engineering Ltd's taxi rental business remained its largest money-spinner last year. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      27 1 WALL STREET share prices opened higher yesterday, with the Dow Jones index of leading shares rising 9.83 points to 3,369.18 five minutes after the opening.
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    • Article
      Footsie higher
      33 1 LONDON share prices were higher at midday yesterday, thanks to some early morning bargain-hunting. At 1130 GMT. the FTSE 100-Share Index was up 21.3 points, or 0.8 per cent, at 2,683.5.
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    • Article
      Move into property
      33 1 MALAYAN RAILWAYS, or Kcretapi Tanah Malaysia (KTM). is considering property development as a major source of income after it becomes a corporation, says the railway authority's property adviser Page 6
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    • Article
      Ruling on offers
      30 1 MALAYSIA'S Panel on Takeovers and Mergers is expected to rule that the competing offers for Federal Cables. Wires Metal Manufacturing Bhd should run simultaneously, say observers 6
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    • Article
      Top borrower
      29 1 SINGAPORE'S building and construction sector is poised to displace the commerce sector as the top user of loans and advances granted by Singa-pore-based commercial banks Page 8
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 708.24 -8.32 Kuala Lumpur 604.46 +1.44 Tokyo 17,878.66 +575.27 Hongkong 5.581.20 -50.01 Sydney 1.668.9 f 3.4 Tuesday Change New York 3359.35 -18.78 London 2.662.2 2.4
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    • Article
      CURRENCIES
      31 1 London Gold AM fix USS336.75 +USS0.25 Exchange rates USS SS 1.6300 100 Yen SS 1.2429 MS SS 0.6570 Money market rates Overnight 2 7/8 +1 3/8 3-month 3 1/4% -1/16
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    • Article
      COMMODITIES
      31 1 Rubber S'pore June I45.00*/kg \-0.25 M'sia June 220.00*/kg -1.00 KL Tin Turnover 24 tonnes -3 Spot MS 14.61/kg +-0.02 Crude palm oil Turnover 2,301 lots +1.471 May MS877 /tonne I
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  • Article, Illustration
    Suchinda makes policy speech as crisis worsens
    614 1  -  Major Thai newspapers join opposition in urging him to step down From Ben Davies, Yang Razali Kassim in SINGAPORE BANGKOK Thailand's new Prime Minister Suchinda Krapayoon yesterday delivered his inaugural economic policy statement but this was overshadowed by mounting pressures for him to
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  • Article
    China wants S'pore to help regulate markets
    335 1  -  Interview with Finance Minister Richard Hu From Catherine Ong in HONGKONG CHINA has sought Singapore's help in expanding and regulating its financial markets and wants its banks and companies to tap funds from the Republic, says Finance Minister Richard Hu. But the Republic
    335 words
  • Article
    Why S'pore sees no need to invest in HK
    148 1 HONGKONG Singapore has "no need** to invest in Hongkong currently because business confidence has returned to the territory in a big way, according to Finance Minister Dr Richard Hu. The government's earlier announcement of plans to invest in Hongkong was a
    148 words
  • Article
    S'pore govt to offer top-ranking civil servants golf memberships
    375 1  -  By Kooi Cho Teng SINGAPORE The Singapore government will offer top-ranking civil servants 225 golf memberships at two of the Republic's most prestigious clubs. About 1,0(K) superscale officers generally earning at least $5,350 a month have been invited to apply for
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  • Article
    CCL in control of 44pc of Malayan Credit
    527 1  -  Teo family releases results early in first attempt at defence By Lee Han Shih SINGAPORE The fight for Malayan Credit Ltd (MCL) reached its final stages yesterday when Cycle Carriage Ltd (CCL), now making a general offer for all MCL shares, said
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      Page 1 Advertisements Column 2
      9 1 S'pore brokers wary about listing China shares, Pg 5
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      Page 1 Advertisements Column 3
      6 1 The Bottom l ine. Back Pg
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      Page 1 Advertisements Column 4
      190 1 jm I Feedback to BG Lee speech S'pore govt assurance on manufacturing welcomed, Pg 3 S'pore has to do more to sell its manufacturing capability, Pg 3 ADB again calls for war against poverty. Back Page You don't have to break records to be a winner. Just be in the
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  • PAGE 2 NEWS
    • Article, Illustration
      Johor committed to strong S'pore ties
      478 2  -  But all parties must go further beyond usual pleasantries, says Muhyiddin From Lilian Ang in JOHOR BARU IN THE wake of souring relations between Singapore and Johor, the state's chief minister has assured a visiting team of Singapore businessmen that Johor, and Malaysia as
      478 words
    • Article
      S'pore businessmen laud Johor move on illegal factories
      403 2  -  By Shoeb Kagda SINGAPORE Local businessmen with operations in Johor have welcomed the Malaysian authorities' move against illegal factories in the Malaysian state. On Tuesday, Malaysian daily The Star reported that there were more than 100 illegal factories operating in the Tampoi
      403 words
    • Article
      S'pore exporters accused of dumping vegetable oils in Australia
      512 2  -  By Shoeb Kagda SINGAPORE Australian oilseed farmers and packers have accused Singapore exporters of dumping vegetable oils in their country, with recent press reports in Australia saying the industry plans an anti-dumping campaign against the Republic. A Trade Development Board spokesman,
      512 words
    • Article, Illustration
      Lock icon S'pore govt assurance on manufacturing welcomed
      474 3  -  Many manufacturers thought the govt had shifted attention to services By Chuang Peck Ming SINGAPORE The government's assurance that manufacturing would stay the main engine of growth was timely, manufacturers said yesterday. They said Singapore remained a good manufacturing base, especially for high-technology industries.
      Source: Government Statistics  -  474 words
    • Article, Illustration
      S'pore has to do more to sell its manufacturing capability
      473 3  -  By Claire Leow SINGAPORE The Republic has not done enough to market the full scope of its manufacturing capability to foreign investors, says the president of the world's largest machine tool company. Teruyuki Yamazaki, whose company, Yamazaki Mazak, recently opened
      473 words
    • Article
      Growing economic integration in Asia focus of Taipei conference
      308 3  -  From Walton Morais in TAIPEI ASIA'S growing economic integration and its impact on the rest of the world will come into focus here when government and business leaders from Asia, Europe and the US meet at a threeday conference beginning today.
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    • Article
      BG Lee visits Taiwan
      58 3 SINGAPORE Deputy Prime Minister Lee Hsien Loong will be making a private visit to Taiwan from today to May 14. He will be accompanied by Mrs Lee. While in Taiwan, he will attend the Asia Society conference on "The Asian Regional Economy: Growing Linkages. Global Implications".
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    • Article
      IBM Singapore teams up with Ecco in job agency business
      480 3  -  Tie-up to train and supply workers for IT industry By Helen Chang SINGAPORE The local arm of IBM has gone into the employment agency business. It has joined forces with a Paris-based personnel firm to train and provide workers for
      480 words
    • Article
      Lock icon Jardine Matheson to move primary listing to London
      195 3 Reuter HONGKONG Jardine Matheson Holdings Ltd said it proposed transferring its primary listing to London after the Stock Exchange of Hongkong Ltd changed its rules to allow a new secondary listing status. "The company now proposes to transfer its primary listing to
      Reuter  -  195 words
    • Article
      Lock icon KL gives green light for Daihatsu, UMW to build mini-car
      192 3 Reuter KUALA LUMPUR Malaysia has given the green light to several local parties to build a second national car with Japan's Daihatsu Motor Co Ltd, Prime Minister Mahathir Mohamad said yesterday. "Yes, it is on," Dr Mahathir said over television.
      Reuter  -  192 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 2
      419 2 Marketing Communication Strategies in the 90s International, Technological and Competitive Perspectives 21 May 1992, Thursday 2.00 2.05 pm Welcome Address. 10.00-10.30 am Tea Break A/P Tan Chin Hong, President Marketing Institute of Singapore 10.30 -11.30 am: "Creative Work That Sells" Mr Andy Greenaway, Creative Director 2.05-2.15 pm Opening Address by
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      60 3 Editorial, Pg 12 Tiffany Vannerie Collection I rom the Tiffany Vannerie Collection. woven necklace, bracelet, ear-clips and ring in eighteen karat gold with sapphires and diamonds. Tiffany Co. SI NGAP O It E RAFFLES HOTEL. TEL: J3 4 0 I 6 8 NEW YORK TORONTO LONDON MUNICH ER ANKF U
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Students to get a dose of lifestyle campaign
        37 4 THE Health Ministry will organise fairs in primaiy and secondary schools as part of its National Healthy Lifestyle campaign. The fairs will be held between this month and September.
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      • Article
        Awards for young achievers
        25 4 PRESIDENT Wee Kim Wee will launch and present the National Youth Achievement Awards on Saturday at 1 lam at the Istana.
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      • Article
        Contest to find the best baker
        42 4 FLOUR MILLER Prima Ltd will co-sponsor the Prima Baking Awards 1992 to promote baking and cake decoration in Singapore. This is the second biennial contest jointly organised by the People's Association and the Singapore Hotel Association.
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      • Article
        The Next Lap goes German
        30 4 FOREIGN Affairs Minister Wong Kan Seng will launch the German edition of Singapore: The Next Lap at a reception hosted by the German Club today.
        30 words
    • Article, Illustration
      Lock icon Number of tourists in first quarter up 22pc
      332 4  -  By Hong Lee Tiam A TOTAL of 1.46 million visitor arrivals were recorded in Singapore during the first three months of this year, up 22.1 per cent over the same period last year. This growth signals the recovery of the tourism industry
      Source: STPB  -  332 words
    • Article, Illustration
      CIDB's training courses for workers well received
      307 4 A NEW $32-million training centre should solve the shortage of training places for construction workers. The shortage arose because more workers are signing up for courses conducted by the Construction Industry Development Board (CIDB). This was disclosed by the Minister for National Development
      307 words
    • Article, Illustration
      Integral plans new venture to supply Japanese market
      470 4  -  By Helen Chang AMERICAN disk-drive maker Integral Peripherals plans a joint-venture company in Japan with a Japanese partner to make 1.8-inch disk drives. The drives will be for the Japanese market, which now obtains supplies from the Singapore plant opened by Integral
      470 words
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      Page 4 Advertisements Column 1
      289 4 .jzf j Rxl 1= ORCHARD HOTEL —I —I—! f StiOPPING ARCADE j |I I| 1 '"r' a I?L*- SPLENDID RETAILING SHOPS jHfIW fajoofr OPPORTUNITIES .*°R AT SINGAPORE'S lEA PREMIER SHOPPING AND ENTERTAINMENT BELT fflW JPifllMil ffiMgiik Orchard Hotel Shopping Arcade is strategically positioned tSpb t0 ta P bustling shopper traffic.
      289 words
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      Page 4 Advertisements Column 2
      282 4 See the World's Latest Electronics Manufacturing Technology! Tunku Dewan Penang, Access has never been easier! hand to offer customized solutions to your manufacturing challenges. At PEMAS '92, Penang's first As part of the 20th Anniversary exhibition and conference dedicated Celebration, there will also be an toelectronicsprofessionals.youcan anniversary dinner golf evaluate
      282 words
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  • COMPANY NEWS 1
    • Article
      S'pore brokers wary about listing China shares on SES
      472 5  -  Inadequate disclosure rules seen as major barrier By S N Vasuki SINGAPORE Stockbrokers and merchant bankers said that the Chinese stock markets are still at a nascent stage and inadequate corporate disclosure rules served as a major barrier for "B" shares
      472 words
    • Article
      Pang Kim Hin named new Pacific Can chairman
      326 5  -  By William Chia SINGAPORE Yesterday, one day after Pacific Can shareholders voted overwhelmingly to remove executive chairman Edward Goh Kim Hai from the board, the new board appointed Pang Kim Hin to the post. The move followed an extraordinary general meeting (EGM)
      326 words
    • Article
      Lion Land plans new businesses to stay out of the red
      350 5  -  From Sylvia Wong in KUALA LUMPUR AFTER forecasting a sharp turnaround in the current financial year, Lion Land Bhd plans to stay out of the red from now on by taking on new businesses. Lion Land managing director Lee
      350 words
    • Article
      GRP defers Sesdaq flotation by one month
      567 5  -  By Helen Chang SINGAPORE GRP Pte Ltd, formerly called General Rubber Plastics Pte Ltd, has pushed back its flotation on Sesdaq by one month and is expected to launch its initial public offer in May. It is understood that part of the delay
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    • COMPANY BRIEFS
      • Article
        PCI to start Sesdaq trading on May 11
        43 5 SINGAPORE Contract manufacturer PCI Ltd will start trading on Sesdaq from May 11. The company has offered 30 million shares to the public at 60 cents each. But only 15.25 million shares were taken up.
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      • Article
        Pilecon profits up 23pc
        68 5 KUALA LUMPUR Pilecon Engineering Bhd has reported a 23-per-cent rise in group earnings to MSB.I million (553.4 million) for the year ended Dec 31, 1991, against M 56.6 million previously. Group turnover, however, eased by 7 pet cent to M 5345.4 million from M 5371.29 million
        68 words
      • Article
        Boustead may go to Vietnam
        81 5 KUALA LUMPUR Boustead Holdings Bhd will consider pursuing business in Vietnam when the opportunity arises, its chairman, General (R) Mohamed Ghazali Che Mat said after the company's extraordinary general meeting yesterday. Gen Mohamed Ghazali said Boustead has the expertise in estate and property managements, among
        81 words
      • Article
        Raising stakes in gaming units
        67 5 KUALA LUMPUR Leisure Management Bhd will continue. where opportunities are available, to increase its interests in all its gaming subsidiaries, says chairman Lim Ah Tam. He said in the company's 1991 annual report that Leisure Management had raised its stake in Empat Nombor Ekor (Malacca)
        67 words
    • COMPANY BRIEFS
      • Article
        Mitsui to enter US laser-disc market
        59 6 I OKYO Japan's Mitsui and Co Ltd will enter the laserdisc market in the US with a US$2 million (553.3 million) investment in Image Entertainment Inc. a spokeswoman of Mitsui said yesterday. Mitsui will sell discs manufactured by Japan's Kuraray Co Ltd through the
        59 words
      • Article
        Curbs at Shanghai bourse eased
        112 6 BHIJING Volume on the Shanghai stock exchange rose a sharp 27.6 per cent on Tuesday over Monday as officials loosened restrictions on share price movements, the China Daily said. It said 149,681 shares changed hands as the limit on daily price fluctuations on nine of
        112 words
      • Article
        UK's Henderson expands in China
        58 6 HONGKONG Henderson Land is involved in expansion projects worth more than HK$l billion (Ss2l3 million) in southern China. Director Colin Lam Koyin said the group had signed a letter of intent with the Guangzhou government to develop a retail, commercial and high-class residential project on
        58 words
      • Article
        Thai firm selected for risk study
        40 6 BANGKOK Thai construction services company SGS has been selected to assist a group of international consulting engineers to undertake a risk analysis of the massive Danish Storebaelt project, according to SGS spokesman David Stewart.
        40 words
    • Article
      Lock icon Hopewell makes HK$2b share placement
      204 6 Reuter HONGKONG Hopewell Holdings Ltd, a civ itengineering and property group, has made a HK$2 billion (Ss42o million) private placement of new shares representing 9.3 per cent of its enlarged capital to unidentified independent parties. The shares are priced at HK$5 each, representing a discount
      Reuter  -  204 words
    • Article
      Malayan Rail may turn to property development
      582 6  -  Announcement on corporatisation of rail authority said to be imminent From Sylvia Wong in KUALA LUMPUR MALAYAN Railways, or Kerctapi Tanah Malaysia (KTM), could look to property development as a major source of income after it becomes a corporation. An announcement from the
      582 words
    • Article
      Lock icon SHK to join Jardines-led group in bid
      298 6 China Merchants likely to follow suit in offer for container terminal South China Morning Post HONGKONG Sun Hung Kai Properties has opted for the consortium led by Jardines to bid for Container Terminal 9. China Merchants Holdings appears likely to follow suit at
      South China Morning Post  -  298 words
    • Article
      Clove cigarette maker Gudang Garam posts S$147m profit
      392 6  -  From Maggie Ford in JAKARTA PT GUDANG Garam, Indonesia's largest clove cigarette maker, announced a 4.5 per cent rise in 1991 net profit to 183.9 billion rupiah (S$ 147 million) from 175.9 billion rupiah a year earlier. The increase came on the
      392 words
    • Article
      KL panel likely to rule that rivals make offers simultaneously
      418 6  -  Tussle for Federal Cables By Chew Eng Han SINGAPORE With the takeover battle for Federal Cables, Wires Metal Manufacturing Bhd building up into a three-way fray, Malaysia's Panel on Takeovers and Mergers is likely to rule that the competing offers
      418 words
    • Article
      Ekran's bid for Federal attractive despite Sapura's cash offer
      609 6  -  HOCK By Chew Eng Han SINGAPORE Federal Cables, Wires Metal Manufacturing Bhd's shareholders were feeling feted with two offers from Leader Universal Bhd and Ekran Sdn Bhd to choose from when a third contender sprang up in the form of Sapura
      609 words
    • Article
      Marks & Spencer opens store in Jakarta
      324 7  - Marks Spencer opens store in Jakarta Company also studying opportunities in Malaysia and Thailand By Clarissa Tan SINGAPORE Britain's Marks Spencer, which has seven stores in Singapore under a franchise with Robinsons, has opened a store in Jakarta. The company is also investigating opportunities in Malaysia and Thailand as part
      324 words
    • Article
      Lock icon Roche profit jumps 56pc to S$1.6b
      459 7 Swiss pharmaceuticals firm expects even better earnings this year Reuter BASLE Swiss pharmaceuticals firm Roche Holding Ltd forecast a successful 1992 after currency factors helped it to a huge 56 per cent profit leap in 1991 to 1.48 billion francs (551.62 billion). "We assume
      Reuter  -  459 words
    • COMPANY BRIEFS
      • Article
        ITT plans to buy back up to 25m shares
        86 7 NEW YORK ITT Corp said on Tuesday it will buy back up to 25 million common shares, jolting its stock higher because the programme was far bigger than expected. "We believe that building shareholder value in our business will result in
        86 words
      • Article
        IBM to sell PCs on toll-free line
        66 7 NEW YORK International Business Machines Corp will offer low-end personal computers directly to consumers through a toll-free telephone number, exploiting one of the fastest growing sales channels in the PC industry. IBM traditionally sold its computers only through dealers and its own sales
        66 words
      • Article
        O&Y sells Santa Fe stake
        95 7 TORONTO Olympia York Developments Ltd, scrambling to raise cash to fend off bankruptcy, started selling assets on Tuesday by offering the public an 18 per cent stake in Santa Fe Pacific Corp, worth about US$4OO million at current market prices. But that amount falls far
        95 words
      • Article
        Hagemeyer expects a better 1992
        87 7 AMSTERDAM Trading group Hagemeyer NV said profits developed favourably during the first quarter of 1992. "As a result we expect a further improvement of profit per share for the year 1992," chairman Andrew Land said in a statement issued during the annual shareholders' meeting. Hagemeyer,
        87 words
      • Article
        Schering profits down 2pc
        72 7 BERLIN Schering AG said its 1992 first-quarter group profits fell 2 per cent to 126 million marks because of weaker earnings at its pesticides division and foreign units. In an interim report, Schering said parent company profit was higher than the same 1991 period because of
        72 words
      • Article
        PepsiCo opens Romanian plant
        68 7 BUCHAREST PepsiCo Inc's Pepsi-Cola International and its partners Quadrant-Am roq Bottling Co Ltd opened a modern bottling plant for Pepsi-Cola in Romania and declared war on counterfeiters. The Sitaco plant in Bucharest, set up under a combination of franchising and a joint venture, will generate US$5OO
        68 words
    • Article, Illustration
      Lock icon Olivetti wins vital US$300m McDonald's deal
      247 7 Reuter MILAN Carlo de Benedctti's computer maker IngC Olivetti won a crucial battle in its struggle to regain profitability when it captured a large contract to automate McDonald's US restaurants. The contract, worth more than US$3OO million (***** million) is one of the Italian
      Reuter  -  247 words
    • Article
      Lock icon Foreign publishers follow Newsweek into Japan
      349 7 IHT TOKYO Trying to emulate Newsweek Japan's success, foreign publishers are moving into Japan. Newsweek began publishing in Japanese in 1986. After five years of losses, it turned into the black in 1991, thanks in large measure to the Gulf war, an event where
      IHT  -  349 words
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      47 5 rjr T The more they -r- ■>-.>'(V I'' rather stay at home. So next time you -•••^jj^^pirt~^-*k K need to make a booking for a frequent business traveller, choose the one hotel that looks The Continental Wing. At Omni Omni Marco WARMLY FOR CALL JOMNI HOTELS ASIA-PACIFIC
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      254 6 THE 8 COMMANDMENTS OF NOTEBOOK BUYING f -A IIT MUST OPERATE AT A FAST SPEED C 11MUST EABY *****16 At 25 MHz, the 32-Bit CPU operates faster w The 10" VGA Triple Supertwist Backlit LCD than any other 20 MHz notebook available display is larger than that in other notebooks,
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      262 7 Canon x DRESS UP YOUR PRESENTATION WITH THE CANON COLOUR BUBBLE JET. You'll never get a second chance to make a first impression. of colour cartridges when one ink colouris used up. So to help you create a presentation with presence. Canon have This system means that on ye ,fu'
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Lippobank's profit up 20pc last year
        84 8 JAKARTA PT Lippobank announced a 20 per cent improvement in annual net profit to 22.2 billion rupiah (Ssl 7.7 million) for the year ended Dec 1991. The bank had posted a net profit of 18.57 billion rupiah for 1990. Earnings per share rose to
        84 words
      • Article
        MBf unit wants US bank stake
        63 8 KUALA LUMPUR MBf Asia Capital Corporation (Macc), the Hongkong-based financial unit of MBf Holdings, wants to acquire a majority stake in a US-based bank. MBf Holdings managing director Loy Hean Heong told reporters after the group's extraordinary general meeting here yesterday that Macc was
        63 words
      • Article
        Leu Holding's profit falls
        90 8 ZURICH Leu Holding AG, part of the CS Holding financial group, said its gross profit in the first quarter of 1992 was above budget though below the extraordinarily good result in the same quarter last year. Without giving figures, Leu Holding said in a press statement
        90 words
      • Article
        More Taipei banks keen on HK
        64 8 HONGKONG One or two more Taiwan banks want to apply to open representative offices in Hongkong, including the Bank of Taiwan, Taiwan central bank officials said yesterday. "One or two more banks want to apply to come to Hongkong," said Central Bank of China
        64 words
    • Article
      Lock icon Taipei rates soar as central bank tightens liquidity
      367 8 Reuter TAIPEI Taiwan's shortterm interest rates climbed sharply and the stock market sank yesterday as the central bank tightened liquidity to fight inflation, which surged to an 18-month high in April. The central bank surprised markets by issuing NT$7 billion (Ss46o million)
      Reuter  -  367 words
    • Article, Illustration
      Building and construction sector set to be banks' top borrower
      550 8  -  By Dawn Tan SINGAPORE The building and construction sector is set to displace the commerce sector as the top user of loans and advances granted by Sin-gapore-based commercial banks. The commerce sector had always been in the top slot since
      550 words
    • Article, Illustration
      Lock icon Aussie rates at 15-year low after one-point cut
      478 8 Another cut likely if economic recovery remains weak Reuter SYDNEY Australian interest rates were cut yesterday to the lowest level in 15 years and economists said these may be sliced further to assist the nation's patchy economic recovery. The chances of another
      Reuter  -  478 words
    • Article
      Lock icon China firm plans to launch fund in Hongkong
      241 8 Reuter HONGKONG China Agribusiness Development Trust Investment Corp (Catic) plans to launch China's first fund in Hongkong investing in Chinese nonstate enteiprises, Catic president Zhai Xinhua said on Tuesday. Catic, which has two funds for Chinese investors, is waiting for approval from
      Reuter  -  241 words
    • Article
      Lock icon Deutsche to expand N American operations
      241 8 FT NEW YORK Deutsche Bank is planning to restructure and expand its North American operations to strengthen its presence in US capital markets and private banking. Since 1990, the bank has more than trebled its US assets to US$l4 billion (Ss23 billion). It now
      FT  -  241 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 2
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      Page 8 Advertisements Column 3
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      486 9 ||sthe a 20°/ OFF fl RLLES n 18 k* inancial dramas of our time the mmmmmmmm *An nn mmwiii THE competitive ISi I] iyps advantage OF NATIONS By the foremost management I wF^* strategist, Michael Porter, comes this £$?/'*if 4E£LTjjvt invaluable work on how a nation's —A KmH firms and
      486 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Aquino cuts power rates in bid to help Ramos
        105 10 MANILA The government cut consumer power rates on Tuesday in a move expected to earn President Cora/on Aquino's favoured successor, former Defence Secretary Fidel Ramos, points in the May 11 elections. The five-centavo (about 550.03) per kilowatt hour electricity cut announced
        105 words
      • Article
        NZ churches lash out at govt
        95 10 WELLINGTON New Zealand's churches, in a rare display of unity, yesterday lashed out at the government's economic policy, describing it as a policy of human sacrifice. The NZ Council of Christian Social Services said high unemployment levels should never be accepted as an inevitable
        95 words
      • Article
        PNG seeks M'sian army's help
        80 10 PORT MORESBY Papua New Guinea s defence force hopes to learn counter-insurgency tactics from Malaysia, Defence Secretary Peter Peipul told Malaysian officials yesterday. He was speaking at a two-day conference here to set out priorities for co-operation and assistance between the two armies. The secretary-general
        80 words
      • Article
        Study on M'sia-Japan trade
        81 10 KUALA LUMPUR A four-year study (from 1988 to 1991) on the interdependence between national economies shows that trade between Malaysia and Japan has been mutually beneficial and complementary to both countries. Dr Abdul Aziz Abdul Rahman and Dr Pang Teck Wai, associate research fellows with the
        81 words
      • Article
        Hanoi calls for better ties
        74 10 HANOI Vietnamese Prime Minister Vo Van Kiet said he wanted improved ties with Japan and called on Tokyo to increase its role in the region, the official Vietnam News Agency (VNA) said yesterday. During a meeting yesterday with visiting Japanese parliamentarians, Mr Kiet welcomed the
        74 words
      • Article
        Vietnam gets 10 more provinces
        56 10 HANOI Vietnamese authorities recently increased the number of provinces in the country by 10 to 53. This was to improve the functioning of local and regional administrations, National Institute of Cartography sources said yesterday. The measure was achieved by taking 10 of the former 43
        56 words
    • Article
      Lock icon Outgoing govt calls for closer ties with Asean
      369 10 Run-up to the Philippine elections AFP MANILA The outgoing Philippine Government will call on its successor to anchor its foreign policy more firmly in South-east Asia and boost economic ties with countries such as Taiwan, a senior oflicial said on Tuesday. Mr
      AFP  -  369 words
    • Article, Illustration
      Huge show of support
      33 10 TAYTAY, the Philippines Supporters parading the statues of the local candidates of this town near Manila on Tuesday as the campaign heats up for the May 11 presidential elections.
      33 words
    • Article
      Lock icon HK investment in south China shifting to property
      338 10 Reuter HONGKONG After years of investing in manufacturing in south China's Guangdong province, Hongkong is putting increasing funds into the property sector across the border, consultants Brooke Hillier Parker said. "Over the last year or 18 months, the type of investment has
      Reuter  -  338 words
    • Article
      Lock icon Jakarta turns to S Korea, Scandinavia for aid
      472 10 AFP HONGKONG Indonesia's top economic minister is to visit South Korea and Scandinavia this month in a bid to expand a new aid group that will replace a discredited body run by the Netherlands, an informed source said on Tuesday. The source
      AFP  -  472 words
    • Article
      Lock icon No miracle cure for economy, says Finance Secretary
      458 10 Reuter HONGKONG Next week's Philippine presidential election will bring no miracle cures for the country's economy as acute power shortages are bound to slow any recovery. Finance Secretary Jesus Estanislao said yesterday. "I don't share the view of people that immediately just
      Reuter  -  458 words
    • Article, Illustration
      Lock icon Joblessness is Australia's most serious issue
      222 10 Router SYDNEY Treasurer John Dawkins said Australia's high and continuing unemployment is the most serious issue confronting the country. Australia needs sustainable employment growth, Mr Dawkins said. The jobless rate was 10.5 per cent in March. April jobs data are due for release today.
      Router  -  222 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      95 10 The Complete Lifestyle Magazine MITA (P) 95/12/91 5J3.00 May/June 1992 The latest 2-in-l bi-monthly magazine for lifestyle-conscious parents, Aj&t with a special X-TRA! pullout for children. I Subscribe Win... Subscribe PAGES A youH stand to WIN a I 2 Tickets each for the Dr/Mr/Mrs/Miss: I.C. No: Age: Tel: I AddrtsM:
      95 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Waigel outlines plan to help cut German deficit
      311 11 UPI, AFP BONN Finance Minister Theo Waigel yesterday outlined his austerity plan and told the federal and local authorities to drastically curtail spending so he can slash the public sector deficit. The aim is to scale back the federal deficit this year
      UPI,; AFP; Source: AFP  -  311 words
    • Article
      Lock icon US, Japan should increase aid to eastern Europe: Kohl
      319 11 Reuter, AP. UNITED NATIONS German Chancellor Helmut Kohl pleaded with the United States and Japan on Tuesday to increase their aid to eastern Europe and the former Soviet Union to promote stability and democracy. Implying that neither country had recognised the
      Reuter,; AP.  -  319 words
    • Article
      Lock icon US House Democrats make trade legislation a priority issue
      277 11 NYT WASHINGTON House Democrats, looking to seize an issue after a stalemate on tax law changes, will try to pass far-reaching trade legislation before their party's convention this summer, representatives and congressional aides said on Tuesday. Republican Dan Rostenkowski who heads
      NYT  -  277 words
    • Article
      Lock icon Fed says US economy in genuine recovery
      397 11 GDP will grow by 2.5-3 per cent this year Reuter BOSTON Federal Reserve Board governor John Laware said the US is in a "genuine recovery" that will not "dip" as in 1991 because the fundamentals are now better. Mr Laware, speaking to a
      Reuter  -  397 words
    • WORLD WATCH
      • Article
        Taipei sends high-level delegation to Seoul
        60 11 TAIPEI Taiwan sent its highest-level delegation in years to South Korea yesterday amid fears that Seoul was preparing to break off diplomatic relations and recognise Taipei's arch-ri-val China. Tsiang Yien-si, secretary-general to President Lee Teng-hui, left on a four-day visit to Seoul with officials
        60 words
      • Article
        Environment takes priority
        78 11 AMSTERDAM Most people believe that protecting the environment should be given top priority even at the risk of hurting economic growth, according to an international survey released on Tuesday. The Gallup poll covered 22,000 people in 22 nations including the United States, Japan, Russia and Brazil. In
        78 words
      • Article
        US$2b needed to tap Chinese oil
        87 11 BEIJING China has called for more foreign investment in its nascent offshore oil industry, saying at least US$2.3 billion is needed to exploit the nine fields so far discovered. More than 30 foreign companies from 10 countries and regions have signed contracts worth US$l.2
        87 words
      • Article
        Chinese dissidents may be freed
        66 11 BEIJING American John T Kamm who lives in Hongkong and whom the Chinese authorities often use as an intermediary to release information about prisoners, said on Tuesday that officials had told him that a number of political offenders would be released in May and that
        66 words
    • Article
      Lock icon UK rate cut will aid economy but upturn expected to be slow
      419 11 Reuter, AFP LONDON The half-pcr cent cut in Britain's base interest rates to 10 per cent on Tuesday indicates that the authorities' economic prioritics are still to generate domestic economic recovery, rather than move into monetary line with
      Reuter,; AFP  -  419 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      238 11 INSEAD MBA Programme THE BEST INTERNATIONAL MBA PROGRAMME With over 40 nationalities and no one dominant national culture, INSEAD is more international than any American business school. Top INSEAD MBA employers include McKinsev, j.P. Morgan, Citicorp, General Electric, Coca-Cola, Shell Average starting salary alter graduation in 1991 was U5565,000 18%
      238 words
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      Page 11 Advertisements Column 2
      9 11 Lease of life for UK property' sector, Pg 17
      9 words
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  • Article
    Manufacturing's future
    451 12 EDITORIAL BUSINESS and government leaders still wince when they recall what management guru Kenichi Ohmae said at the National Business Forum in October. Move out of manufacturing, the highly-touted consultant advised. The natural route for the republic, indeed the only way to go, is to become the service
    451 words
  • WHAT THE OTHERS SAY
    • Article
      Get on with the training
      261 12 SIX YEARS after employers were given a respite by a wage freeze and al5 percentage point cut in CPF contributions, the question must now be asked of them: how much of the savings have they used to make their operations and workforce more resilient and
      261 words
    • Article
      Your views, please
      103 12 ENCOURAGING the majority to speak up is not an easy task. However, this should be one of the main challenges to the Feedback Unit chaired by Dr Ow Chin Hock. If the government knows what is in the minds of the majority, it would be easier to
      103 words
    • Article
      Broader feedback
      161 12 DR Ow Chin Hock has stressed that the task of the Feedback Unit is to get more non-English-speaking Singaporeans to come forward and air their views. This is to correct the past deviation of giving way to the overwhelming influence of the English-educated. It is not totally a
      161 words
  • REGIONAL VIEWPOINTS
    • Article
      Treasure racial harmony
      176 12 THE US is a multiracial country. The trouble is that many Americans are not aware of this. The belief is that it is white man's land; even the blacks and other non-whites think so. Although official segregation was written out of the books decades ago after much
      176 words
    • Article
      Direct energy into sports
      161 12 IN THE Malaysian context, the choice between sports and studies is always clear. As it stands, we often read about some talented sportsboy or sportsgirl who has had to stop his or her training to concentrate on exams. Giving sports a certain weightage should hopefully prompt
      161 words
    • Article
      More than gestures needed
      175 12 BURMA'S decision to allow a weekend reunion between Nobel Prize laureate Aung San Suu Kyi and her husband was aimed partly at winning points for a regime that has few friends. The ruling State Law and Order Restoration Council (SLORC) is hoping she will be persuaded
      175 words
  • Article, Illustration
    Lock icon Learning to manage without big brother
    809 12  -  Pascal Fletcher finds out how Cuba is coping with its economic crisis Pascal Fletcher Reuter CUBA, one of the world's last communist bastions, is mired in the worst economic crisis of its modern history, but Cuban leaders say the island is coping. Rocked by
    Reuter  -  809 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      66 12 't iSkX HER WORLD IS PROUD TO SPONSOR THIS fL XM^EctEWT? 1 FASHION Kenzo, will be making a personal appearance in Singapore for ttw first time next month. Venue: Hyatt Regency Singapore j I Don't miss this fashion event of the year, f j Organiser: I I I m APPAREL
      66 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      51 12 DOONESBURY BY GARRY TRUDEAU PI MEAN, &AS& DOES ANYONE I SPOKE TO ALEX'S ACHAT ACTUAUX. sh£ I A PRETTY HAPPTHJN6 THINK I IGNORE TEACHER ABOUT SHtWEIr MAS PRETTY TO TALK ABOUT, MUCH THZ&RIS* < GENDER BIAS COMZD, COOL ABOUT IE& A£»VT TWW* fOPAY. 1 NOPOUBT. IT. CONSIPERIN6. o iSIf I
      51 words
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  • ANALYSIS
    • Article
      Lock icon Handling advertisers' influence on news content
      906 13  -  Alex Jones reports on the goings-on at this week's American Newspaper Publishers Association convention in New York Alex Jones NYT AMERICAN newspaper publishers grappled at their annual convention this week with the troubling clash of journalistic and marketing values as newspapers try to accommodate
      NYT  -  906 words
    • Article, Illustration
      Facing the firing squad
      1235 13  -  Losing a job used to be traumatic. But nowadays, Simone Vaz says, it s not so bad... Simone Vaz THE AXMAN Cometh. The incidence of axing has definitely been on the rise, say management consultants, headhunters and outplacement professionals. Over the past year. Business Times has
      1,235 words
    • Article
      Lock icon Sputtering on the road to reform
      515 13  -  Lai Kwok Kin looks at the big challenges facing the Indian economy Lai Kwok Kin Reuter INDIA'S industry is sputtering along the road to economic reform, steering through the potholes of high costs, imbalances in the farm and financial sectors, and an inefficient public
      Reuter  -  515 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      116 13 Under instructions from the Northern Territory Government FOR SALE TOGETHER OR SEPARATELY r This is an exceptional opportunity to capitalise on the Northern Territory s fastest growing industry by acquiring one, or both, of the Territory's premier hotels. Strategically located in this internationally acclaimed tourist destination, the Sheraton Darwin Hotel
      116 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      218 14 WHY RESTRICT YOUR DRIVING AMBITIONS TO THE OFFICE? The BMW 5 Series can only be described as one of life's more visible system, and the 5 Series becomes one of the smoothest and safest ways to investments. travel between business meetings. An investment that says as much about your driving
      218 words
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  • SPORTS
    • Article, Illustration
      Lock icon Psychological war underway
      416 15 America's Cup Reuter SAN DIEGO The America's Cup finals are still a few days away but the psychological war between the US defender and Italian challenger was well underway on Tuesday. America 3 Syndicate spokesman David Rosow fired a salvo across II Moro di Venezia's bow on
      Reuter  -  416 words
    • SIDE LINES
      • Article
        Seles ends string of upsets
        74 15 ROME Top-seeded Monica Seles ended a string of upsets by Italian women, hammering out a two-set victory on Tuesday night in the U*****,000 (S$«X)7.000) Italian Open. But the world's top-ranked woman had to turn up the pressure before downing Natalia Baudone, 6-0, 6-4. Earlier, Flora
        74 words
      • Article
        Lewis plans four races
        92 15 WASHINGTON Sprinter Carl Lewis will take part in four meetings before the US Olympic trials at New Orleans in June, his agent Joe Douglas said on Tuesday. Lewis will start on Saturday at Austin, Texas in a 100 metres, in which he is reigning Olympic and
        92 words
      • Article
        US chooses red clay court
        86 15 NEW YORK The United States Davis Cup team will host Sweden on red clay when the two nations square off in a World Group semi-final in September, the United States Tennis Association announced on Tuesday. The red clay court will be built at the Target
        86 words
      • Article
        Crook retains titles
        82 15 PRESTON, England Carl Crook retained his British and Commonwealth lightweight titles late on Tuesday, when he stopped Scottish southpaw opponent Steve Boyle in the seventh round of a scrappy and ill-tempered scheduled 12-round contest. Referee John Coyle called a halt because of bad cuts to former champion
        82 words
    • Article
      Lock icon Surplus athletes for Barcelona Games face rejection
      390 15 AP MONTE CARLO, Monaco Faced with a large surplus of entries for the Barcelona Olympics, officials said they may have to cut the number of athletes in certain sports to the level of the Seoul Games in 1988. The overflow of competitors and
      AP  -  390 words
    • Article
      Lock icon Bugno tries new strategy to win Tour de France
      271 15 Reuter WILMINGTON, Delaware With an eye on becoming the first Italian to win the Tour de France since 1965, world road race champion Gianni Bugno has decided to pass up his nation's biggest event in favour of the US Tour Du
      Reuter  -  271 words
    • Article, Illustration
      Lock icon Japan's soccer goal: to stage the World Cup
      604 15 Reuter TOKYO Japan's bid to host the 2002 World Cup appears an impudent one for a nation which has never reached the finals and whose youngsters dream of being baseball stars. The country is still a year away from launching its first
      Reuter  -  604 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      307 15 AUSTRIA STYLE '93 SINGAPORE May 20th 22nd, 1992 2.00 p.m. 6.30 p.m. ANA Hotel Singapore Fabrics Garments Embroideries Accessories For the thirteenth consecutive year, leading designers and manufacturers from Austria will present the West fashion materials and accessories to buyers and agents in South East Asia Please indicate the companies
      307 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      As creative as ever
      1127 16  -  Ketchum Advertising agency seems to have emerged relatively unscathed from the loss of creative guide Jim Aitchison. Sangeeta Mulchand reports Sangeeta Mulchand ACT 1, SCENE 1 Exit creative guru Neil French from The Ball Partnership (TBP) and the Singapore advertising scene. Local and regional press go
      1,127 words
    • Article
      New Australian drive to woo Asean tourists
      413 16  -  Sangeeta Mulchand examines the $3.5 m campaign Sangeeta Mulchand THE AUSTRALIAN Tourist Commission will woo Asean travellers to the tune of $3.5 million over the next two months with a campaign tagged "The Feeling is Magic". Unlike the "Land of Dreams" campaign, which
      413 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      132 16 We Should Meet, Your Puce And Mine. We began operations in 1984. In February 1988, we became a member of Alliance International a global advertising network owned by one of U.K.'s leading marketing communications group. In this region, wc have a network that covers Indonesia, Malaysia, Thailand, Hong Kong, Taiwan
      132 words
    • Advertisement
      Page 16 Advertisements Column 2
      287 16 111 Can Employers Moid To f Older Workers a dilemma for Vyl\4'\/1 VV Vyl U In a tight labour market, some 250,000 workers aged 40 and above get by on skills which are, frankly, outdated. But their low-skill, low-wage jobs will have to go if the l ft Singapore economy
      287 words
    • Advertisement
      Page 16 Advertisements Column 3
      25 16 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
      25 words
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  • FOCUS
    • Article, Illustration
      Lock icon Lease of life for UK property sector
      726 17 Despite pessimism in the British property market, insurance firms and pension funds are still going in with gusto. Do they know something others don't? The Economist Builders and property developers are going bust, banks' property loans are souring, most rents are still falling.
      The Economist; Source: Investment Property Databank  -  726 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      29 17 Orchard Road Area (Outside CBD) available for short or long term rental. Each office fully equipped with competent secretarial backup, Computers, Telex Fax. Immediate occupancy. Phone *****02 for details.
      29 words
    • Advertisement
      Page 17 Advertisements Column 2
      140 17 JUST OUR CREW decked the cabin 'ML'- 4 irdr-- WITH FLORAL DISPLAYS. S*g AS ALWAYS. y' J> SCARCELY ANYONE I Mv APPRECIATED THEM. ■r. j&'J? Not that the flowers weren't absolutely splendid. (They were.) And certainly not that those present didn't <$■ jj/Bggm v know how to enjoy the finer
      140 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1213 18 Nothing Beats A Bud. Bran where to wine, dine Runo of S i I .11 ll Get Nostalgic with the l&ltttbirdß &7 H^The Sunbirds are now hitting the right notes with familiar favourites and catchy classics by Cliff Richard, Neil Sedaka, the Everly Brothers or The Beatles, nightly from 9.30
      1,213 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      738 18 TELEVISION AND RADIO iiin——— 1 niimiiin 1.1. mi i hi in also exposes the latter's in- I 7.00 CNN. I miciMCCC ON RADIO 1 ?SBCli < volvcmcnt in a child pornog- 7.30 Captain N, the Game Matter UW niwiy |~CO J HAAin ra P h y rin 8- Jake who
      738 words
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  • LIFESTYLE
    • Article, Illustration
      The green, green grass of home
      642 19  -  Nirmal Ghosh speaks to a Singapore woman who has taken to the Indian jungle Nirmal Ghosh A TENT in an Indian jungle is an unlikely place to find a Singapore woman. Until recently, Rina Khatau spent several months in one, hankering after kway teow,
      642 words
    • Article
      Art market on the rebound?
      332 19 CHATTERBOX ANDY WARHOL'S 210 Co-ca-Cola Bottles sold for US$2.O9 million (553.45 million) on Tuesday as the spring art auction season got underway in New York. The 1962 silkscreen study of full, empty and half-empty Coke bottles, the largest of a series, failed to bring the
      332 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      175 19 AND ENTERTAIN A buffet of perennial favourites with a different selection everyday Monday Western Favourites Tuesday Chinese Delights Wednesday Malay Temptations Thursday Asian Seafood Friday Italian Raptures Saturday International Served daily from 12 noon to 2.30 pm at $19.50+ per person. An a la carte menu is also available. For
      175 words
    • Advertisement
      Page 19 Advertisements Column 2
      156 19 v 4 v At Hiang Kie Complex 2 industry and warehousing, 988 t^lfh where the space is specially vH| i® accessible via •*:\v 1 i'ictF' designed for factory and a network of major warehouse accommodation ||H BvH^V new IB at Genting a BHPiH HIANG KIE COMPLEX 2, 54 GENTING LANE
      156 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII falls as M Credit hogs market limelight
      3591 20  -  By Joseph Rajendran MALAYAN Credit hogged the limelight yesterday, accounting for 63 per cent of turnover while the rest of the market sagged under the weight of prof-it-taking. Cycle Carriage, which made a mandatory general offer for all of Malayan Credit's shares,
      3,591 words
    • Article, Illustration
      Lock icon HOT STOCK
      70 20  -  -By Chew Eng Han Comment NATS 1 EEL dropped below the $4.20 support in March and slid to the $3.40 level. As predicted, the stock subsequently rebounded. However, 5-day stoc has tics are showing bearish divergences, and 13-day RSI is overbought. Suggest taking profit here as a dip
      Source: Bridge Info  -  70 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2843 21 SI A Foreign 1880 +30 +1.6% SPH Foreign 1410 +20 +14% GE Life 1850 +10 +0.5% Orchard Parade 490 +10 +2.1% Chem Ind 320 6 .9% Prima 575 +5 *0.9% UOB 645 +5 +0.8% UOI 238 +4 +1.7% GPBSSl.60 462 +2 tO.4% H Royal 209
    2,843 words
  • Page 21 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3278 22 Ganda Hldgs 82 5Vi +7.2% MC'B Hldgs 50* 91 14 +4 6% NST 348 +-4 +1.2% SPK-Sentosa 84 +4 +5 0% MAA 103 3 30% Public Bank 50* 93 3 3 3% Hex/a C'orpn 50* 58Vi 2Vj 4.5% KL Industries 75Vi 2Vj 3.4% M Mosaics
    3,278 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      101 22 BUSINESS TIMES Toll free Tel No: 737 0043 Fax No: 734 3698 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS fife Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must
      101 words
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      Page 22 Advertisements Column 2
      210 22 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF A.E.H. CONTRACTOR (S) PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At an extraordinary general meeting ot the members of the aboven.imed Company duly convened and held at 75 Hong
      210 words
    • Advertisement
      Page 22 Advertisements Column 3
      177 22 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OfA.E.H. CONTRACTORS (S) PTE LTD (IN VOLUNTARY LIQUIDATION) (MEMBERS' VOLUNTRY WINDING-UP) NOTICE r« hereby given that the crtdik rs of the al>ove named Company which i: be ing wound-up voluntarily are re quired on or before 6
      177 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes slightly easier on profit-taking
      5283 23 Bernama, Reuter PERSISTENT profit-taking activities led share prices here to a slightly easier close yesterday in fairly brisk trading. The Kuala Lumpur Stock Exchange Composite Index at the close added 1.44 points to 604.46. The All Shares Emas Index ended 0.15 of a point
      Bernama,; Reuter  -  5,283 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      216 24 Cww Data Yaar Croup Hat Nat earnings Cross ma to pram/toss (I) par share «vMm4 (•000) (casts) DBS land Apr 30 Dec 91 $50,908($30.978) 7.9(4.8) 5(4) Keppel Corpn Apr 30 Dec 91 $144.718(5118.202) 35(33.1) 10(8) SCS Apr 30 Dec 91 $2,828(12.467) 28(2 5) 55(-) S Steamship Apr 30
      216 words
    • Article
      PRELIMINARY RESULTS
      224 24 Company Date Yaw 6raa# pro-tax Wat earning Srwi aaa to profit/loss (L) f* share dividend (*000) (coots) Chemlnd May 5 Mar 92 $14.405($12.814) 37 4(36 1) 15(15) Ganda Htdgs Apr 30 Sep 91 M$2,464($12.700L) 1.2<-) Hexza Corpn Apr 30 Jan 92 MS220(f 1.313L) 2(2) Jacks Int Apr 30
      224 words
    • Article
      INTERIM RESULTS
      332 24 Company Dat* Half-year Groop pre-tax Mfrtw «m to profit/loss (L) divMtftd (*000) SPH Apr 24 Feb 92 $123.204($110.396) 10(8) limes Pub Apr 20 Feb 92 $18,782(525.132) 4(4) New World Apr 1 Dec 91 HK$l,276d($521.808) 21(16) BurwiN Mar 31 Dec 91 HK$14,779($11.169) 25(25) H Leong Credit Mar 31 Dec
      332 words
    • Article
      DIVIDENDS ANNOUNCED
      1687 24 Currant Ex Ml Date Intel hr Tatel lar payment date cteM payaWa tl* ywar last year tana 5% tun 5 Jun 18 Jul 2 122* 10%TE Aveno 20c 125%IE Mar 3 Mar 13 May 15 17 5%TE 125%TE B Raya 1% Jon 24 Jul 8 Jul 20 3%
      1,687 words
    • Article
      APPROVED ISSUES
      225 24 Company Others Baltei Issue of J90 978m nominal amount of 3 51 Redeemable Unsecured Guaranteed Bonds 1992/97 with 45 489m detachable TSRs on the basts of $2 nominal amount of Bonds for every three existing shares held Ex-date Apr 15 Books dose Apr 30 Acceptance t Payment Jun
      225 words
    • Article
      CORPORATE DEVELOPMENTS
      211 24 May 5 A subsidiary of Singmarine Industries Ltd, Aluminium Craft (88) Pte Ltd. has won two shipbuilding contracts from South China while its sister company, Singmarine Dockyard Engineering Pte Ltd has won its third repair contract from Vietsov Petro a Vietnam/ Soviet joint venture oil company. May 4
      211 words
    • Article
      COMPANY MEETINGS
      124 24 Tajo Bricks Bhd: 15th AGM at Holiday Villa (Level 4. Convention Centre). No. 9 Jalan SS 12/1, Subang Jaya, ***** Petahng Jaya, on Friday, May 8, at 10am The Development Bank of Singapore Ltd: 24th AGM EGM at the Board Room, 46th Storey, DBS Building. 6 Shenton Way,
      124 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      355 24 la local cwt In S$ In US$ dy yr dy yr dy yr May S Index chge chge chge chge chge chge World 393.5 0.1 -3.6 0.0 -5.2 0.0 -7.1 tEAFE 471.2 0.1 -6.2 0.1 -9.6 0.1-11.4 Europe ...449.1 0.2 9.2 0.4 4.7 0.3 2.6
      355 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 24 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares take a dive as political uncertainty grows
      2196 25 Reuter ALMOST every share ended deeply lower yesterday as investors sold on their worries of the big rally in front of Parliament where Prime Minister Suchinda Kraprayoon was addressing his government policy and a hunger strike by exBangkok governor Chamlong Srimuang, brokers
      Reuter; Source: Bridge Info  -  2,196 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks up in active trade amid strong local interest
      1247 25 STOCK PRICES shot up in active trading centred on strong local interest, brokers said yesterday. The Jakarta Stock Exchange's official index rose 3.15 points to 286.27, while turnover was at 8.73 million shares against 7.71 million before. Sampoerna rose 100 rupiah
      Source: Bridge Info  -  1,247 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      13 25 m j onagers yi/iust I W lanage BT shows you how every Monday.
      13 words
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      Page 25 Advertisements Column 2
      50 25 How far should they go? A new Aids ad to be aired in Hongkong this week is creating waves. It's too explicit, say some. It's necessary to be blunt to get the deadly message across, say others. Br JM I*# <">«-' JHjL X Today... NEWS, In The New Paper luiEE*
      50 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices surge on broad buying
      2619 26 Reuter STOCKS surged as small-lot and program buying lifted prices across the board yesterday, and the Nikkei Average rose 575.27 points or 3.32 per cent to 17,878.66. Brokers said no major new factors spurred trade, but rising confidence in downside support and firm overseas
      Reuter  -  2,619 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Profit-taking sends stocks sliding
      2656 26 Reuter SHARE PRICES finished sharply lower after a day of volatile trading yesterday. The Hang Seng Index slid 50.01 points to close at 5,581.20. The blue-chip index had recouped all of its initial losses of about 66 points at noon but a second round of profit-taking
      Reuter  -  2,656 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Interest rate cut proves to be anti-climax for market
      2156 27 Reuter THE Australian sharemarket ended only slightly higher yesterday despite the Federal Government and Reserve Bank finally delivering a long-awaited interest rate cut. Brokers said after confusing signals on Tuesday from the government about the extent of the cut, there was
      Reuter; Source: Bridge Info  -  2,156 words
  • REGIONAL STOCK MARKETS
    • Manila shares plunge on heavy profit-taking
      • Article
        MANILA
        576 27 SHARE prices fell sharply on heavy profit-taking yesterday as investors used the announcement of a 40 per cent stock dividend by public utility Manila Electric Co to sell off their holdings in blue chips, brokers said. "The market took its cue from Meralco. Lots of stocks were sold today
        576 words
      • Article
        NEW ZEALAND
        336 27 NEW ZEALAND shares ended slightly firmer yesterday, due mostly to a return to form by Telecom. The NZSE-40 Capital Index ended 2.97 points higher at 1,473.09. Turnover of only NZ$l5 million, however, was indicative of a market trying to find its feet, Peter Halligan of Buttle Wilson said.
        336 words
      • Article
        SEOUL
        771 27 A SELL-OFF in large-cap counters on profit-taking drove the Seoul composite stock index to close lower yesterday while shares with low price/earnings ratios and good performance potential advanced. brokers said. "Polarisation between large-cap issues. and low-priced and low P/E shares has emerged again." said Hyundai Securities' Kim Duck Sun.
        771 words
      • Article
        TAIPEI
        506 27 TAIWAN stocks closed lower across the board yesterday as the central bank tightened liquidity to fight inflation, which rose to an 18-month high of 6.14 per cent in April, brokers said. The weighted index ended 54.28 points or 1.2 per cent lower at 4,482.25. Turnover remained a thin NT$
        506 words
      • Article
        INDICES & TURNOVER
        54 27 INDICES TURNOVER CIMC May 6 Previous NEW ZEALAND NZSE-40 Capilal 1.47 3 09 1.470.12 2.97 Composite Index Turnover (million pesos) 1.209 74 240.02 1.245.52 415.6 -35.78 -175.58 TAIPEI Weighted Price Index Turnover (NTS billion) 4.482.25 17.67 4.536.53 16.77 -54.28 +0.9 SEOUL Composite Stock Index Turnover (billion won) 611.85 351.81 620
        54 words
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  • WORLD STOCK MARKETS
    • Dow ends lower in cautious trading
      • Article
        Untitled
        811 28 May 5 (lose Previous NEW YORK Dow Jones 3.359.35 3.378.13 -18.78 SAP 500 416 84 416.91 -0.07 Turnover (million) 200.55 174.5 +26.05 LONDON Financial Times 30 2.083.3 2.081.7 +1.6 FTSF. 100 2.662 2 2.659 8 f2.4 Turnover (million) 580.4 719.8 -139.4 FRANKFURT DAX Index 1.732.64 1.728.29 +4.35 AMSTERDAM EOE Index
        811 words
      • Article, Illustration
        NEW YORK
        1336 28 STOCKS closed mixed in active but cautious trading on Tuesday after a late wave of computer-driven sell programs pulled the Dow from its record level. The Dow Jones Industrial Average, which surged 42.04 points to a record high 3378.13 on Monday, retreated 18.78 points to 3359.35. The key
        1,336 words
      • Article, Illustration
        LONDON
        727 28 THE expected cut in interest rates lifted share prices on the London Stock Exchange on Tuesday, although overall gains were moderate because the first easing of the cost of borrowing in eight months had been widely anticipated. The blue-chip FTSE-100 index, which rose 5.7 points on Friday, closed just
        727 words
      • Article
        FRANKFURT
        396 28 GERMAN shares clocked up their first closing gains in almost two weeks on Tuesday, but rising hopes of a settlement in the public sector pay dispute were offset by fears of strikes in industry. The 30-share DAX index ended 4.35 points up at 1,732.64 after making small losses in
        396 words
      • Article
        AMSTERDAM
        208 28 AFTER bouncing to new highs at the start, Amsterdam shares faltered on London's tepidly received interest rate cut and finally fell as profit-taking hit a thin market already weakened by a lower dollar, dealers said on Tuesday. The EOE index closed at 314.96, down 1.73 points and over three
        208 words
      • Article
        PARIS
        386 28 FRENCH share prices, spurred by Wall Street's gains on Monday and a cut in British interest rates, ended higher on Tuesday, but shy of their heady morning peaks. The CAC-40 index closed up 5.31 points or 0.26 per cent at 2,046.93. It was the highest finish since June 26,
        386 words
      • Article
        MILAN
        326 28 ITALIAN shares closed at a new 1992 low on Tuesday, with banking, industrial and insurance shares falling across the board as investors ignored the positive trend overseas and focused on the gloomy domestic outlook. "Overseas markets didn't have any effect whatsoever," one operator said. "This is because we're caught
        326 words
      • Article
        STOCKHOLM
        161 28 SHARES closed higher on Tuesday helped by rallies on foreign bourses and lower interest rates in Britain, dealers said. The Stockholm bourse general index closed 0.68 per cent higher at 980.11 while the top-16 index rose 0.70 per cent to 965.34 in higher than usual volume of 746 million
        161 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback opens lower in directionless European trade
      1158 29 REPORTS THE US DOLLAR was in retreat in London yesterday morning on a market lacking real direction, while sterling was stable, borne up by its Tuesday closing level after a cut in British interest rates. Operators were awaiting US April employment figures, dealers
      1,158 words
    • Article
      Lock icon KL exporters hit out at ringgit's rise
      483 29 Reuter KUALA LUMPUR Malaysian exporters say they have been hurt by the sharp rise of the local currency and warn that a strong ringgit could cause a shake-out of the export-based manufacturing sector which has driven the booming economy. A strong ringgit makes
      Reuter  -  483 words
    • Article
      FINANCIAL FUTURES
      1440 29 SIMEX EURODOLLAR Open High Low Sett Esl Vol Act/Vol Op/lnt 9 Jun 92 95.98 96.00 95.98 95.99 5860 1961 ***** 9 Sep 92 95.64- 95.68 95.64 95.67 8865 3021 ***** 9 95.65 9 Dec 92 94 91 94 96 94.93 94.95 3850 1645 9976 g Mar 93 94.71
      1,440 words
    • Article
      INTERBANK FOREX RATES
      385 29 Cross rates May 6 I USS SS MS Dm Yen Sir AS N ZS USS 1.6520 2.5130 1.6380 132.90 0.5602 1.5060 1.3228 1.8587 S$ 0.6053 1.5212 0.9915 80.4479 0.3391 0.9116 0.8007 1.1251 MS 0.3979 0.66 0.6518 52.8850 0.2229 0.5993 0.5264 0.7396 Dm 0.6105 1.0085 1.5342 81.14 0.3420
      385 words
    • Article
      MONEY MARKET
      540 29 Interbank rates S& Bid Offer Overnight 2 7/8 3 1-month 3 1/8 3 1/4 2-month 3 3/16 3 5/16 3-month 3 1/4 3 3/8 Overnight mode. 2-5/8 LS$ Bid Offer 7"days 3 3/4 3 7/8 1 month 3 13/16 3 15/16 2 months 3 7/8 4 3 months
      540 words
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  • COMMODITIES
    • Article
      Lock icon Malaysian miners venture abroad as local industry wanes
      363 30 AFP KUALA LUMPUR Malaysian miners are venturing abroad, exporting expertise and technology as the local tin industry, once the world's largest, loses its glitter and viability. "We are looking into exporting our expertise and technology to countries like Chile, Vietnam, Laos and
      AFP  -  363 words
    • Article
      Lock icon World rubber market in surplus last year: report
      212 30 AP LONDON Rising production and falling consumption returned the natural rubber market to surplus last year, according to figures released on Tuesday. The International Rubber Study Group reported that world production rose to a record 5.38 million tonnes in 1991 from 5.21
      AP  -  212 words
    • Article
      Tokyo's fall puts pressure on S'pore rubber prices
      828 30 REPORTS FORWARD rubber prices in I Singapore came under pres- I sure yesterday because of a weak Japanese market but nearby contracts held steady on firm consumer demand for RSS-1, brokers said. June RSS-1 buyers closed 0.25 cents higher at 145.00 Singapore
      828 words
  • Article
    PRICES
    1461 30 Rubber May_6 J HAS In Wtt) S cents/kg K Noon Close Inl I RSS Prompt U425/I4S.25N 144.50/145. SON |l Ini 1 RSS June 92 144.75/145.25 *****/145 50 Int I RSS July 144.75/145.25 144.75/145.25 > Int 2 RSS OP I44.00/I45.00N 144 00/I45.00N J Int 3 RSS OP 143.50/144.SON 143.50/144.SON J
    1,461 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      283 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, I.ingGekEngof 44 Minaret Walk, Singapore 1646, have applied for a Beer House, second class licence in respect of premises at M/s Noodle Palace at 10 Anson Road #01-19 International
      283 words
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      Page 30 Advertisements Column 2
      7 30 Innovation j Technology in BT every Tuesday
      7 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1243 31 City RUM ETA Flight ETP jil PfcaM GA887 0200 GA894 2015 MalaMa Qf5 1955 SQ228 2050 Aantardam SQ23 0645 KL838 2240 KL837 1255 Mmm SQ347 1755 Auckland BA11 1505 SQ288 2015 lalraia Gf 148 1000 GA525/910 1755 B Stri B«|nu BI453 1105 SQ182 0915 SQ181 1410
    1,243 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The changing face of Thamel
      747 31  -  LETTER FROM KATHMANDU By Susan K Coll rERMINA TOR II is playing at the Rimini pizzeria, while a group of long-haired tourists in a nearby eafe diseuss the philosophieal implications of shaving their legs. The 1960s may have come and gone, but the crowds around
      747 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 31 As at 3pm yesterday: I>oaiI dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2430 1.2S98 Canadian dollar 1.3700 1.3977 NZ dollar 0.8780 0.8960 Sterling pound 2.9358 2.9758 US dollar 1.6470 1.6550 Local dollars to 100 units of foreign currency Austrian schilling 14.18
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      46 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td May 26-31 International Istanbul, Afeks Organizas- (90)1/*****20 Ma> 31. Corporate Hongkong The University (852)*****11 Construction Turkey yon Pazartama June 5 Financial of Michigan Fax: Machinery Bldg Ve Ticaret AS Management (852)*****46 Technology Exhibition
      46 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      45 31 It's amazing the lengths Finnair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. We Know Europe from MR to Pkmiih.
      45 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
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      Page 31 Advertisements Column 3
      235 31 BUSINESS TIMES Toll free Tel No: 737 0043 Fax No: 734 3688 LOST CERTIFICATES The following cartftcataa haw baan reported bat mMald or deetroyad: to. of Stock/ Namoaf Company CoftNoa. hftewwool NojlShewa Marco Polo OMlopMnK *****921 TwJooUow 1«1,000 IMud *****931 TaiJooUm Ixl.ooo OOU4M TsiJooUaw 111,000 005C4967 TXIJBOUM 11 1.000 00M4KS
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      Page 31 Advertisements Column 4
      153 31 JURONG BEARING SUPPLIES PTE LTD (In VoL Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 306 ol the Companies Acl (Cap. SO) that tho Final General Meeting ol the Mentors ol the abovenamed Company wnl bo hold at tho Office ol M/s Woe Song Fung Co., 1 Colombo
      153 words
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      Page 31 Advertisements Column 5
      373 31 LIQUOR LICENCE NOTICE NOTICE IS lEREBY GIVEN thai, I Lee Soi lleng of Blk 220 #10-147 Boon Lay Ave, Singapore 2264, have applied for a Beer House, First Class licence in respect of premises at M/s Hiang Lee Eating House at Blk 537 #01-60S Bukit Batok St 52, Singapore 2365,
      373 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      121 31 28 Educated class brainy, as I planned (14) St. Michael no change YESTERDAY'S SOLUTION DOWN (4-7) 2 Limits northern flights... II Licence issued for each de- [pjolwlslßlclulTMHlAlMlplElwj (7) livery? (I I) 3 ...a system abroad (4) 14 Heavens, what a feeling! m S Mt| 4 Coal burns, you should /jq.
      121 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      154 31 Singapore Outlook: Showers over many areas in the morning. Report Maximum temperature 32.6 Assoc humidity 64% Minimum temperature 25.2 Assoc humidity 91% Hours of sunshine 3.95 Rainfall in mm Nil Rainfall this month 17.3 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/10 Cloudy Bangkok 38/28 Clear
      154 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      28 31 ftggigSZSaSSl (U)AGCS -THC "tT^rm— p\U- 1 Vfe \UPf J v"T inc. TRUTH.. p>eetJ s,£piRCH>tJG PCR J. y -troth A* 4p_ -eg^ o*>'° C ASSOCIATED NEWWAPCM LTD.. IN2-IM2 V^OlUvi
      28 words
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  • Article
    Lock icon No respite from German strike ahead of talks
    556 32 Frankfurt airport opens, other services still disrupted Reuter FRANKFURT Germany's public sector workers disrupted services for the 10th day yesterday in a final show of strength ahead of top-level pay talks. The main OcTV union launched its biggest attack to date on
    Reuter  -  556 words
  • Article
    Lock icon Taiwan fears investment may move out to China
    448 32 Reuter TAIPEI Taiwan fears that plans by Beijing to grant new incentives to Taiwanese investors could spur a sharp rise in the outflow of capital to China, government officials said yesterday. Beijing plans to grant lowinterest loans to Taiwanese investors and allow
    Reuter  -  448 words
  • Article
    Lock icon Slowdown sends Japan's trade surplus soaring to record US$113b
    493 32 Reuter TOKYO Japan's trade surplus swelled by 62.4 per cent to a record U*****.44 billion (*****.18 billion) in fiscal 1991 as a slowdown led the nation to buy less and sell more abroad, the Finance Ministry said yesterday. The previous record
    Reuter  -  493 words
  • Article, Illustration
    Laurel's offices go up in smoke
    54 32 MANILA A jeep festooned with banners and campaign posters cruising past the burning offices of Philippine Vice-President Salvador laurel yesterday. Mr laurel said the fire, which engulfed the building, was started deliberately and destroyed documents that were to be used against his rivals in
    54 words
  • Article, Illustration
    Will the bullish fever on golf courses last?
    746 32  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist Everyone is bullish about golf these days. While opening the Palm Resort Golf and Country Club in Johor on Tuesday, Malaysia's Minister of Arts, Culture and Tourism, Sabaruddin Chik
    746 words
  • Article
    Lock icon British govt vows to stick to policies and seek recovery
    345 32 Reuter LONDON The British government yesterday reaffirmed its eommitment to the European Communiiy's currency grid and tight economic policies while seeking a long-term recovery from recession. Prime Minister John Major's Conservative government promised firm policies in a speech read by
    Reuter  -  345 words
  • Article
    Lock icon ADB again calls for war against poverty
    537 32 But some conference delegates rap bank for inaction Reuter HONGKONG The Asian Development Bank (ADB) closed its annual meeting yesterday with renewed calls to step up the war against poverty and environmental degradation in Asia's fast-growing economies. But some delegates privately lashed out
    Reuter  -  537 words
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  • Shipping Times
    • Article
      SAE's taxi arm continues to be biggest earner
      508 33  -  By Rahita Elias SINGAPORE Listed Singapore Automative Engineering Ltd's (SAE) taxi rental business remained the largest money-spinner for the Singapore Technologies unit last year. According to SAE's 1991 annual report, the division generated $3.8 million in pretax profits, about 46 per cent
      508 words
    • Article
      Lock icon Product tanker freight rates unlikely to rise
      410 33 Lloyd's List LONDON Fundamental stability in production and consumption terms means that product tanker freight rates are unlikely to rise in any meaningful way during 1992, a conference was told recently. Recession in the US and Europe is likely to mean little growth
      Lloyd's List  -  410 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      847 33 P«*e Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 •ASCL 5 9 Alpha Feeders 18 4 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 19 3 Bengal Tiger Line
      847 words
    • Article, Illustration
      Lock icon Gothenburg workers win prize for new job scheme
      615 33 Lloyd's List. GOTHENBURG Harbour workers at the port of Gothenburg have devised a new method of preparing export paper for shipment and have won themselves a substantial cash prize from their employer. The six workers form an early and late shift at
      Lloyd's List.  -  615 words
    • Article
      Alison becomes first local hotel member of Abacus
      233 33 SINGAPORE Abacus Distribution Systems Pte Ltd, a giant computerised reservations system, has signed up its first hotel member in Singapore. Alison Hotel, owned by businessman Paul Sun, now has access to Abacus' Participating Travel Suppliers' (PTS) facility. With that, information on Alison
      233 words
    • Article, Illustration
      Satellite service can take pictures
      218 33 SINGAPORE Damaged oil-rigs and submerged structures often create problems for those at sea. They don't just need to inspect the damage but may also have to send pictures and data to the relevant authorities on shore. With the help of Singapore Telecom's satellite communications service,
      218 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Federal Express gives out Golden Kilo awards
        79 34 SINGAPORE Federal Express (S) Pte Ltd has rewarded its highest revenue-generating freight forwarders and direct shippers with the Golden Kilo Awards, which forms part of the company's recognition programme for its partners in the Pacific South region. Burlington Air Express Pte Ltd, Expeditors
        79 words
      • Article
        Opel plans to cut 6,000 jobs
        78 34 FRANKFURT Adam Opel AG, General Motors' German subsidiary, is to cut 6.000 jobs over the next five years, the company confirmed here on Tuesday. No sackings are envisaged. the jobs to be lost by natural attrition. The company board confirmed its announcement of job
        78 words
      • Article
        Kansas City Southern expands
        113 34 KANSAS CITY Kansas City Southern Industries Inc said its railway subsidiary agreed to buy from Santa Fe Railway Co portions of the Santa Fe rail line in Dallas, Texas. Terms were not disclosed. The proposed transaction is expected to be completed in about two years, company
        113 words
      • Article
        Cosco signs deal with GEIS
        66 34 SINGAPORE China Ocean Shipping Company (Cosco) has signed a contract with GE Information Services (GEIS) to install a global equipment management system which electronically tracks, controls and forecasts usage and maintenance requirements of its ships, containers and equipment. The Equipment Management System is the second
        66 words
      • Article
        Bulker listing off Kuantan
        90 34 LONDON The Cyprus-flagged bulker Golden Promise took a heaw list just outside Kuantan, Malaysia on Monday, Lloyd's Shipping Intelligence Service said. It said two tugs ad reached the 26,610-dwt vessel, fully laden with sawn timber. A salvage master was on board and a crane barge is
        90 words
      • Article
        Oil slick threatens Greek islands
        82 34 ATHENS Greek vessels battled a 6.4 km oil slick threatening at least two islands in the Aegean with ecological disaster, merchant marine ministry officials said. The oil leaked into the sea on Sunday when the 28,259-tonne Russian tanker (Jerai Chernomorya collided with the 3,200-tonne freighter
        82 words
    • Article, Illustration
      Lock icon Catching up with Toyota
      869 34  -  While Toyota has been able to learn from Detroit's mass-production system, the Big Three have been slow to adopt Japanese work methods, reports Doron Levin Doron Levin NYT TWICE in the last 60 years, Toyota Motor Corp's top engineers came to Detroit to study America's mass-pro-duction
      NYT  -  869 words
    • Article
      COCKETT BUNKER MARKET REPORT
      822 34 THIS twice weekly report, compiled by Cockctt Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockctt Bunker Price Index change and
      822 words
    • Article
      THE SHIPPING GUIDE
      17016 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      17,016 words
    • Article, Illustration
      SHIPPING AGENTS
      3311 47 .A.BC C ontalnerllne NV: Belsin Shpg I Agencies Pte Ltd (SyMarine Handling H SJ* Bhd (PK/PN) Aaaard Group: Accord Shpg Pte Ltd (SlMccord Contr Line (PI^PN). Adkris Buslnesa Corporation Philippine C<dK)urce Shpg St Trdg Pte Ltd (S) \ttfenklel Uner Service Kim Shpg Tras (S). Allatro* Sea-Air Service: Frata
      3,311 words
    • Article
      COURIER SERVICES
      285 47 Abacus C ourier* Tel: 545-8011. Fa*: *****98 Air Express t ravel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80 Airswift Worldwide C ourier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Unk
      285 words
    • Article
      AIR FORWARDERS
      1539 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activalr Singapore Tel: 542-7822. Fax: *****20. AeroHnk Freight International Tel: 545-803lFax: *****05. TeT > I. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50. Air Market
      1,539 words
    • Article
      PORT CONDITIONS
      3395 48 ARGENTINA I Labour working normally. Buenos Aim: Several vessels in roads; waitin time for some arrivals was I from 24 to 36 hours; from Apr 22 vessels expected to berth without delays. San 1-orenzo: Four vessels operating in various terminals of which 2 loading grain, 2 loading pelletized
      3,395 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      994 48 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Vikara: 64.432 dwt and built Nov 1973 Mitsubishi Kobe, best outright offers. SverdsUd: 62.593 dwt and built Aug 1973 Mitsubishi Kobe, best outright offers. Alara: 38.606 dwt and built 1977 Fredriksstad. minimum price
      The information was contributed by Simpson Spence & Young  -  994 words
    • Article
      AIR FREIGHT SCHEDULE
      556 48 ARRIVALS DEPARTURES Op FUfht Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 01 SO 1 SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F I84S 1 LUX/DXB
      556 words
    • Article
      CRUISE & FERRY SCHEDULES
      651 48 CRUISE FERRY SCHEDULES Air Pep N«ne of V«»d ETA LID Ports of Crib P<*1 Agen' MAY 07 07 Cora Princess 1000 1800 Sin-Jakarta Harpers Sh.pp.ng 10 10 Asean World 0900 1800 Sin-Hkt Sembawang Johnson 10 10 Royal Pacific 1000 2000 Cruise to Nowhere Ocean Trade Chartering 11 11 Cora Princess
      651 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        681 49 Vessel Ho Berth Arrival Departue Vessel Voy Berth Arrival Departs Marina Terminal 1 Clare A8 S03 0605/lj00 07 05/1300 Batam Mam *****2 M03 alongside 07 05/0500 Mendo» 38WB S03 0 05,1000 JJ jJ/jJJ Batam Sayang *****2 M04 alongSKle 07 05 0500 Pega Oumond 44 bO 0 05
        681 words
      • Article
        IN MALAYSIAN PORTS
        236 49 jonorc ron Berth: 1: Sri Nam Hua IK; 2: Pernas Proton; 3: ml; 4: Levantas; 5: Barge Munar No 2; 6: ml. 09 jetty: Shoko, Botany Triad. Kapitan Korotaev. OCh nil. Dut on May 6: Pavlodar, Mareioman, Green Sea, Kokuei Maru N0.3. Cbengyun, Um Modes. Arktif Carrier.
        236 words
      • Article
        CONTAINER SCHEDULE
        1361 49 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS Shp Voy No Containers avaiabie Ship Voy Wo Cen<awers aviiaWt Izvesba 23MF92 0505 92 0430 Lampung *****N COO (EST) 06 05 92 1800 SI Voyager 176E *****2 0700 Karun Jaya I 286 COO(EST) 06 05 92 500 B Geiang 19E 05
        1,361 words
    • Article
      TRANSPORT DIARY
      961 50 May 8 (1 dayy. 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 (1% days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of
      961 words
    • Article
      DAILY FREIGHTS
      559 50 THE Mideast Gulf tanker market was little changed after the May Day break, brokers said on Tuesday. Elf fixed a two million barrel vessel to France for May 8 loading at worldscale 45. similar to last week's levels. Elf also fixed on subjects at worldscale 42.5 to the
      559 words
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      WEEKLY FREIGHTS
      256 50 FREIGHT rates continued to firm last week, mainly due to tight supply of Panamax vessels (50,000-70,000-tonne vessels, able to navigate the Panama Canal), market sources said on Tuesday. On the futures market, the Baltic Freight Index (BFI) gained 34 points to 1,219 points. The supply of Panamax vessels
      256 words
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      Lock icon France renounces air pact with US carriers
      564 52 NYT PARIS France renounced its 46-year-old commercial aviation agreement with the United States on Tuesday, escalating the dispute with American carriers over their drive to have more flights to France this summer. But Dan Kasper, an expert on international airlines, said the step
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      Lock icon Moody's downgrades NWA
      311 52 Delta Air's rating under review UPI NEW YORK Moody's Investors Service on Tuesday lowered its long-term debt rating on NWA Inc, parent of Northwest Airlines, and placed Delta Air Lines debt rating under review for possible downgrading. The rating agency said the outlook for continuing losses was
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      Northwest to take over its own marketing here
      374 52  -  By Juliette Walker SINGAPORE Northwest Airlines will mark its coming-of-age in the Republic by playing a more active marketing role here. In statement. Northwest said it will end its 24-year general sales agency (GSA) agreement with Straits Transportation and begin handling its
      374 words
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      Uniglory to get 2,900 containers
      201 52 SINGAPORE Taiwanese carrier Uniglory is taking delivery of 2,900 containers equivalent to 4,500 twentyfoot units (TEUs). The orders, placed with three companies, include 250 forty-foot hi-cube refrigerated units which will be used by an associate, Evergreen Lines, until Uniglory launches its Far East/Middle East reefer
      201 words
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      Lock icon US phone group seeks to block Cox acquisition
      409 52 NYT WASHINGTON Local telephone companies, in a new skirmish with the cablc television industry, have asked the Federal Communications Commission to block Cox Enterprises Inc from acquiring control of a company that provides high-speed local communications services for large business customers. The
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      Lock icon Caller identity battle intensifies
      264 52 NYT NEW YORK In the war between those who find Caller ID appealing and those who find it appalling. Bell Atlantic is marketing a service that will disconnect callers who try to mask their phone numbers by using an anti-Caller-ID service, also available from Bell Atlantic
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      22 33 Uhm and MnrkM riprNHtMl byVaSSrot Mwtin tf th® ItogMry «f AecraMai Stopper* Nattoml Shipl or advertising enquiries, contact Shipping Times, lei 740-2089/740-2000
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      266 33 the FAMOUS £>° n <6 dWkO r EEUBBI 224 1833 Kor more information pleawe refer to Pg. 13 Air Forwarders 15 A* Frwght Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 18 Index 1 Port Conditions 16 Shipping Agents 15 Stopping
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      58 34 I —j "fte Becufcve Housekeeper -this hotel 1 O I I wants >s me. fcub I'll never neglect L—_ I I Any Job. Any Career. Available Any Day. Any Time. Anywhere. i The Straits Times The Sunday Times Business Times The New paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY
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      2822 35 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \ilVww BOOKINGS TEL *****34 *****58 ■Mlllf TERMINAL/CFS TEL *****18 220 pRAAAfIrI PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. I, A p ORT KELANG TEL *****18 FAX *****91 *****88 pv 7~TT —TT r~" PENANG TEL *****4 FAX: *****1 CFS TEL *****6 Dedicated to Quality Service
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      914 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT VSI/VOY SW NYC I Ml lOf I SAV ~B h iwi n m w* iv» ivi w% I SMI* nu R 11/t 11/1 11/7 IV? Mn knmmn n n/« «n mi i/t ■I
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      1474 35 ■OBgm NEXT SAILING TO U.SJV. LAUST MAERSK V 9208 ETA SIN 11/5/92 MARIE MAERSK V 9206 ETA SIN 12/5/92 Vttwl Voy ETA ETO Feeder by DESTINATIONS World Lynx/ Aries This week Marie Meersk 9206 CY 12/5 0800 MRS CFS 11/5 2359 HRS Kelang Penang OAK LGB hqu mem atl mia
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      878 36 ROAM/ HMPffll I VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE IBmUS I KATSURAGI 11/118 7/5 16/5 30/5 26/5 25/5 1. Mi. MSTBOUO I THAMES 11/318 10/5 27/5 29/5 1/6 2/6 PORT RQJMB 8 fOMM LA SEINE 24/119 14/5 23/5 6/6 2/6 1/6 CMGO TO UK/CONTWDIT
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      Page 36 Advertisements Column 2
      609 36 SEASPAC SERVICE CONTAINERS V BREAKBULK DIRECT SOUTH PHCFIC SERVICE V\ SIN NOU SUV PPI JANIKA II 3601E8 25 27'5 7/6 10/6 16/6 PALEMBANG 3702E8 25-28 6 10/7 13/7 18/7 Transit Time ""i (16) 122) N ALSO ACCEPIMG CARGO VIA SUVA 10 lAUIOKA. PAGO PAGO. N( APIA. NUKUALOFA. P VILA JA
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      Page 36 Advertisements Column 3
      1462 36 xjtmm BBmmß■ REGULAR INDEPENDENT FULL CONTAINER SERVICE VESTBOUND TO EUROPE a /«OY SIN ALG BCL HAM BRE ROT ANT FEL LHA (MA (VIA (VIA ALG) HAM) ROT) PRINCESS 9210-3 10/05 2S/05 30/05 01/06 02/06 03/06 04/06 05/06 07/06 ORASIA PEARL 9211 3 17/05 08/06 10/06 12/06 13/06 14/06 15/06 16/06
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      1949 37 W STRAITS SHIPPING PTE LTD MM? 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0200 Tal: *****88 Fax: *****17 Minim™ ACCEPTS OK SMS SPOHf B'KOK CARGO MARION V 004N 09 10 MAY 12-13 MAY SIRAKS JIAR *061 Mu«. Shin m P«l 09 May R(m BINMNG V KBI2IS 10-11 MAY 1314
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      Page 37 Advertisements Column 2
      2167 37 SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd X d\*J VjUlliCtlllCl d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 v jT% Tel: 225 2233 Teiex RS ***** PNOCSP Fex: 225 5327/222 7517 CR Number: **********0Z ***** ii 111 viiml vov pSie mSjo im alo bou amt
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      Page 37 Advertisements Column 3
      100 37 CONTAMOISED/SEM-CONTAINERISED/PALLETISED SERVICE TO PASJR GUDANG PORT KELANG. KUCHMG I SJBU MALAYSIA SPORE PASO GUDANG LOADING FOP GEMKI Vl2/92E »/5 "57? KUCHMG PONTIANAK GMA V9210E 16/5 16/5 SaU/SAMKO SPOPE POUT KELANG •GMA I V.OS 10/5 U/S POST KELANG GINA H V 08E 13/5 SIBU KUCHMG GIGI V.CI 2 14/5 15/5 KUCHMG
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      549 38 fcBSBI CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE m/VOV $T0« ROAM/ADAM H'BURG BftEMEN ANTWERP ETA/0 KUTM/2SNB 11-23/3 1/7 5/7 10/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERIBEO CARGO •übfact to Inducement. AIM accepting cargo to Ceeablanca, Poet Said. Port Alexandria, Qonoa, Trioato. ALSO ACCEPTING BOTH CONTAINERS CONVENTIONAL CARGO VIA T/S
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      Page 38 Advertisements Column 2
      1456 38 (g) HANJIN SHIPPING HANJIIHtAOKSAJNG 008 C T 1 DIRIc"' 1 3*5 Tfi MANIMWWAIt OME M/ 5 HI YOKOHAMA 03* 16/6 19/6 21/6 KK'Sr I*s Stci 7/6 10 6 RMM9 U1 16/5 8 PWjWgl M »<< HANIIN FFIIXSTONC ?4 b CHR€CT 14 6 KAfUHI CHEJU M2C ?Vb H. SAVANNAH OJZI 111
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      Page 38 Advertisements Column 3
      1369 38 J.| j rrTqrm I mi vj use wc mc m«tm n w r»o in cm ml htc lhv urn i# «w« w. sgr I (aciMT h ti; nn u/» ii/s us i«/s i»s nn m/j 21 s si w/i iti mi i i 77 11 *n w» n 'l I
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      1647 39 V" NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: I**********E) JTJ BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE 2/***** TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2: *****53/*****50 AUST/INOIA/PAK SERVICE *****00 NEPLINE SDN BHD MALAYSIA T K L
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      Page 39 Advertisements Column 2
      1069 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—OtSCHMONC MSTBOUMO-LQAOWC TRAKSHTfED VIA ROTTERDAM *01 |BW |MU
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      1403 40 K" "V JP*" AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) mm TEL *****77 TELEX: KAWAKIRS23I6S FAX *****07/8/9 I 1.1 T%l H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD L/ JL JJi TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA
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      Page 40 Advertisements Column 2
      836 40 PHIU-ORICNT UN€5 PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00Te1ex:R*****0FAX:*****76 *****38 BY AIR, LAND OR SEA.... (ggk WE TAKE ON THE WORLD FOR YOU %&sal MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 14 MAY SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 14 MAY AUCKLAND.
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      Page 40 Advertisements Column 3
      340 40 GOLDEN LINE ILyCSV GUAN GUAN SHIPPING I \£S*Oi (PTE) LTD 1 M 23. T«M h« Street SMGAPOK 01M I TU 5343M1 (II 1MB) F« *****04 I (C* Ne **********0*) imm/WMiAii OPLF mnci S pore P Helang Penang GOLDEN HARVEST Colombo Kjfjch. Dub* 15 It Mar GOLDEN KM Colombo Roach. DuDa
      340 words
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      2173 41 PACIFIC INTERNATIONAL LINES (PTE) LTD wSSSSSSS K 111 140 Cecil Street #03 ?IL Building. Singapore 0106. Tel: *****33 CR NQ: 1006Q*****Q£ IJAKMtA 1 fBASSKOK 1 VESSEL VOY SIN BKK SIN VESSEL VOV SIN JKT SIN MAWAR KMW2I4 7/5 10/5 14/5 KOTA INOAH I*l 10/5 12/5 17/5 BUR|A KSR2I7 10/5 13/5
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      Page 41 Advertisements Column 2
      712 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL PENANG P KELANG OCEAN VSL/VO SIN SOU RTM .2) HAM (3) GOT (4) ANSON/TBN 8/5 9/5 TQVAMA 2162 12/5 29/5 3V5 1/6 3/6 ANSON/ TBN 15/5 16/5 ARQSIA 2192 19/5 5/6 7/6 8 6 10/6 ANSON-TBN 22/5 23/5 NIHON 2202 26/5
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      287 41 MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN VII2W PT HP A AH VI77W 10/10 May 12'1« May PAGAN VIOJIN 2b 28 May NIGERIAN NATIONAL Ml SHIPPING LINE MP NIGERIA EXPRESS SERVICE RIVER MAJE V.4* SINGAPORE 20 May ETA Lagoe 13
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      2033 44 ■gp sti s Agents: Imh—sia's A§eats: M Chung Chiac Shipping Sdii IU r. 6ft** hitra totdamtfo Marittma I 29 A Ulan How! Hritr JIHH AundilH/14 j otf lalan ipoh. Senlul. SHOO Kl M (21)J6 (6J//J6 ~w re, 442 5091 44? 508/ 21 AI otonq (.'empe/iwifl off jW#i Bnan^m uSSm,m«m I
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      Page 44 Advertisements Column 2
      337 44 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 Tatox: R*****0 T«I: ******1-3 Fax: 22S 4939. ****** FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWAOKA 923 09/05 (SAT) 12/05 (TUE) LAWANT! 960 11/05 (MON) 13/05 (WED) ENNO B 900 08/05
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      662 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/ASHOOD/ALEXANDRIA 10/5 HAMBURG/BREMEN 10/s__ MARSEILLE/FRANCE 10/5 FELIXSTOWE/UK 10/5 BARCELONA/SPAIN 10/5 LEHAVRE/ANTWERP 10/5 GENOA/ITALY 1075 GOTHENBURG/SCANDINAVIA 10/5 i LOS ANGELES/WC/IPI 10/5 SYDNEY/MELBOURNE 10/5 NEW YORK/EC 10/5 FREMANTLE 8/5 VANCOUVER 10/5 BRISBANE/ADELAIDE
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      Page 45 Advertisements Column 2
      838 45 5 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lliws) BFAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) K' Cf\ ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOR SPORE NE f SANE ?6WB Oh 06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      Page 45 Advertisements Column 3
      889 45 JAKARTA BANGKOK VESSEL VOY m HI ttSSEL WW SMGMME MNGKOt WAN* BHIJM 140S 09 05 1?, OS lARU BHUM ?6W IN PT 07/05 Sun 10/ OS BtMIA BHUM 33S 13/05 16/05 MAHA BHUM// 107N Sun 10/05 Wed 13/05_ WAN* BHUM MIS 16/05 19/05 VWA BHUM'## o** Mon 1105 I*? in
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      1489 46 I MAC-NELS S'PORE IMPORT: *****11 j 3 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 1 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 MK/SCAN/MED PORTS COLOMBO/a AFRICA PE N PK SIN i PEN p SIN CoJombo 8/5 9/5 10/5 10/5 11/5
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      Page 46 Advertisements Column 2
      258 46 BLUE STAR LINE TO FROM /NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW~ZEALAND PORTS SIN NPI AKI It! SIN HI STAR 1519 15/5 27/5 Vl* NPI M/ 5 15/6 PRtMtIR 18S W/5 10/6 VIA NPI 12/6 MUIBfRA 275 12/6 24/6 VIA NPI 26/6 13/7 FULLY CONTAINERISED SAILINGS DISCHARGING
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      Page 46 Advertisements Column 3
      1183 46 1| THONG SOON LINES PTE. LTD. W* 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 Wtßßm TLX RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER ttBVICM I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor |ETA
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      87 49 FOR SUCCESSFUL MANAGEMENT OF yourSuuness Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
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      380 49 TIDES AND WEATHER TOOArS TIOES lhathi Hi metres) HOUR 0000 0100 0200 0300 0400 0500 *****700 MOO OMOION UN 12M 13M MM *****M017* MM 19N 20M 2100 2200 2360 JR 29 32 32 29 2.4 1 7 1.1 07 05 04 05 09 14 19 22 2.3 2.3 1.9 1.5
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      206 50 1 AUSTRALIA --Krt. USA !2SiiSSi BANGKOK toctafef Laos GKy. SSSSP&t MM* SJffL* C AjgJ* PACIFIC ISLANDS ipk M•/ 7< mm*, t#* u Hwn, mum*, v; 1 »f> II > "'fippiiMMt 11, iraeft —o«nhN 9m*, 9JL utmek Bw» tiuw, Mfc M*n TAINAN -M»M*« ;<■ i r 1 1 *rnrf I IMF
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      Page 50 Advertisements Column 2
      387 50 iL cosco I UKC CONVENTIONAL SERVICE VESSEL PKL PNO P.O LOAOINQ FOR: A VESSEL 28/05 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: KAIHENG 15/05 20/05 Huang pu Guangzhou COSCO FULL CONTAINER SEW VICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI PIMM
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      Page 50 Advertisements Column 3
      334 50 Personal Finance Investment in Business Times every Saturday WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fox: *****73 T«l«xi ***** WGATE PORT LOUIS 17/5 Karachi COLOMBO 11/5 Bombay KARACHI J2£_ J BOMBAY 10/5 CALCUTTA 11/5 W CHITTAGONG 9/5 Port Louis 1.1 IBOCSI bUKUPb/S.E.fl. BREAKBULK SERVICE VESSEL TORM ALICE ANTWERP 22/3-1/4 TO
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      1038 51 Ik HYUNDAI I MERCHANT MARINE CO. {-TP. VU FEEDER PACIFIC SOUTH-WEST SERVICE PNA* PKE* RGD* Sl** 10 USA TOY KAO IBM OAK DAI/HOU CHI SIU NVC 21/04 22/04 24/04 01/05 H. INNOVATOR 49€ 03/05 25/05 2>/05 2S/05 29/05 29/05 31/05 W/05 29/04 01/05 03/05 H. EXPIORfR 4SE 15/05 01/06 04/0«
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      574 51 P SPECIALIST IN RO-RO HEAVY LIFTS I L INBOUND VESSELS II VESSEL HI Sf H MC I I OALIA MM I hft 11/S I TRANS AUTO M 11/* "I SIRI CEDAR M 11/S I SQMAI 11 11/S US I SEA LAM M U S II S I TADMK WAS 12
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      Page 51 Advertisements Column 3
      1084 51 our SERVICE CALLS SINGAPORE F r F 1 u?D iM ppr IS I"" r DIRECT EVERY mu 9KM «Ms nit uiwroi caiaais «»m m; os ttmnmii/n tn*i n/n n«n »n WEDNESDAY A MM MM |M IS tIIWIOI mm < ***** IH4 M Km MM U/M 13/ M M/M M/M MM
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      Page 51 Advertisements Column 4
      111 51 lINTANG MAS SNIPPING PTE. LTD. 39 NEIL ROAD SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 ACCEPTS Wits or STOK CMtCO OtSIMTOB MfltNG SCUM »11l 11 12 ■**>. •OCUtTKMH 1112 #*10 *1 lh»». Uta">. BMTMK KIMI nil IVn «tot M kkojit IMC *>9 u-n m., ihj CR No. **********0W
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      112 52 Every Saturday in Business Times r >*,♦>> r <k Cv- J. "A.;- V. if; Aj, V■: 4 <■■ ..J, I *->•' •s': ,%«f VV -v >- •> i: •-V:^'■"■■V. i V g ,> <• ~<•■, <_ i" v v A r .v- v, v.-,-,- v I, K >s ;s j
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      Page 52 Advertisements Column 2
      210 52 Every Saturday in Business Times NOTICE ARGENTINE REPUBLIC MINISTRY OF ECONOMY AND PUBLIC WORKS AND UTILITIES SECRETARIAT FOR TRANSPORTATION REF: Call for National and International Public Bids on base price foe the sale of eighty five percent (85%) of the parcels of shares of Empress Lincas Mantimas Argentinas Sociedad Anonima
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