The Business Times, 8 May 1992

Microfilm: NL18201
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER TOR S-E ASIA MITA (P) 35/12/91 Friday, May 8, 1992 75"
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  • NEWS SUMMARY
    • Article
      Chinese bank to raise US$70m for Pudong project
      89 1 HONGKONG China's Bank of Communications will launch US$7O million (S$ 115.5 million) in five-year bonds later this month to raise funds for Shanghai's Pudong project, a bank official and lead manager Daiwa Securities Hongkong Ltd said. The bonds will have a coupon
      89 words
    • Article
      US jobless claims up in last week of April
      55 1 WASHINGTON The number of first-time applications for unemployment benefits rose during the last week of April, the Labour Department said yesterday. During the week ending April 25, the number of first-time filings rose to 415,000 from 404,000 the preceding week the
      55 words
    • Article
      Mixed views on EEA
      36 1 WHILE some Singapore businessmen expect the newlycreated European Economic Area to offer more opportunities than threats for regional businesses with an eye on Europe. others are uncertain about the concept Page 2
      36 words
    • Article
      SCS in Thai tie-up
      27 1 SINGAPORE Computer Systems Ltd is tying up with two of Thailand's biggest business groups to tap the information technology market there Page 3
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    • Article
      Writ confirmed
      29 1 A LAW firm has confirmed it is filing a writ against Indonesian businessman Tjctty on behalf of some members of his Pulau Bayan Marina Club Page 3
      29 words
    • Article
      High rates to stay
      38 1 MALAYSIA'S March 4.4 per cent year-on-year inflation shows that prices arc within manageable levels, but analysts say it does not mean interest rates, now at a six-year high, will ease off soon Page 8
      38 words
    • Article
      Uneven recovery
      29 1 THE US economy appears to be picking up, but the recovery is uneven with some businesses doing better than others. according to the Federal Reserve Page 9
      29 words
    • Article
      Levy under fire
      32 1 SHIPPING companies are critical of a levy which Asean wants to impose on ships plying the region to raise funds to combat piracy and pollution. Shipping Times Page I
      32 words
  • MARKETS SUMMARY
    • Article
      Dow lower
      28 1 WALL STREET share priccs opened lower yesterday, with the Dow Jones index of leading industrial shares losing 3.36 points to 3,366.05 five minutes after the opening.
      28 words
    • Article
      Footsie higher
      45 1 LONDON share prices were higher at midday yesterday, continuing a record-setting rise that has been underpinned by a stable pound and a halfpoint interest rate cut. At 1100 GMT. the FTSE 100-Share Index was up 10.9 points, or 0.4 per cent, at 2.709.6.
      45 words
    • Article
      Run-off for ICS units
      42 1 THE Insurance Corporation of Singapore (ICS) Ltd has placed two subsidiaries. ICS Reinsurance Pte Ltd and ICS (UK) Ltd. into "run-off' because of unacceptable losses and limited prospect of adequate returns, says chairman Tan Boon Teik Page 3
      42 words
    • Article
      Uniphone earnings up
      32 1 UNIPHONE Telecommunications Bhd. listed subsidiary of Sapura Holdings Sdn Bhd, has achieved a 28.6 per cent rise in its bottom-line earnings for the year ended Jan 31 Page 4
      32 words
    • Article
      Loan for Finance One
      29 1 THAILAND'S largest finance and securities house. Finance One Ltd. has obtained a oneyear US$4O million (SS66 million) loan from the offshore capital markets Page 7
      29 words
    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 708.63 +0.39 Kuala Lumpur ....603.56 -0.90 Tokyo 18.410.88 +532.22 Hongkong 5.629.58 +48.38 Sydney 1.665.9 -3.0 Wednesday Change New York 3.369.41 10.06 [.ondon 2.698.7 36.5
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    • Article
      CURRENCIES
      30 1 London Gold am fix US$336.25 -US$0.50 Exchange rates USS SS 1.6485 100 Yen SS 1.2465 MS SS 0.6525 Money market rates Overnight 2 3/4 -1/8 3-month 3 1/4% unch
      30 words
    • Article
      COMMODITIES
      31 1 Rubber S'pore June 144.25'/kg -0.75 M'sia June 219.50Vkg -0.50 KL Tin Turnover 30 tonnes +6 Spot MS 14.63/kg +0.02 Crude palm oil Turnover 951 lots -1.350 Mav MS87I /tonne -6
      31 words
  • Article
    KL vying with S'pore as alternative to HK
    480 1  -  Malaysian capital inches up as choice for MNCs' regional HQ From Catherine Ong in HONGKONG SINGAPORE has lost some of its shine for multinational corporations planning to move their regional headquarters out of Hongkong, according to a recent survey here. With Singapore's
    480 words
  • Article, Illustration
    Coup rumours in Bangkok send tensions to fever pitch
    571 1  -  Suchinda defies Opposition, refuses to step down From Ben Davies and Yang Razali Kassim TENSIONS in Bangkok reached fever pitch yesterday amid rumours of a new coup and embattled Prime Minister Suchinda's refusal to succumb to a mid-day deadline to step
    571 words
  • Article
    Wild card in tussle for M Credit
    58 1 THE WILD CARD in the takeover tussle between Cycle Carriage Ltd and Malayan Credit is the top-up offer, which has helped CCL mop up 61 million M Credit shares in a few days. But is this offer fair to all shareholders? BT takes
    58 words
  • Article
    China to make its currency convertible soon: official
    463 1  -  By Lee Han Shih SINGAPORE The move by China's reformers to make the country's currency, the renminbi, convertible took a big leap forward yesterday when the deputy governor of the People's Bank of China publicly endorsed the idea in Hongkong yesterday. Chen
    463 words
  • Article
    Lock icon Manila coup talk scares off foreigners
    224 1 Reuter ZAMBOANGA Philippine Defence Secretary Renato de Villa said yesterday that foreign businessmen are leaving the country because of groundless rumours that the army is planning a coup before elections next Monday. "What some of them fear is not based on solid facts." he
    Reuter  -  224 words
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      131 1 I I MICRO I H The Software Shop I B OUB Centre #01-07 I Aircraft Schedule 27 KLSE 19 \M Tnjsls 18 Commodities 26 Money Changer Rates 27 21 Company News 46 Money Market 25 World News 9 Cryptic Crossword 27 Regional News 8 World Stock Markets 24 [Atonal 10
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      66 1 Chesterton^! international^^^^^^^^^H International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 Call for gradual change. Back Page Shenzhen seeks approval to enact own legislation, Pg 2 Boom in southern China overriding 1997 fears, Pg 9 Full report, Pg4 Hock Lock Siew, Pg 4 PrimaTower 1^— —-j devolving Restaurant
      66 words
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      Page 1 Advertisements Column 3
      7 1 latest poll puts Ramus ahead, Pg 8
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  • PAGE 2 NEWS
    • Article, Illustration
      S'pore businessmen take single Europe in their stride
      671 2  -  Reactions to the creation of EEA Reports by Kenneth James SINGAPORE The newlycreated European Economic Area (EEA) offers more opportunities than threats for regional businesses with an eye on Europe, many local businessmen believe. Even so, the signing into existence last Saturday
      671 words
    • Article
      Most manufacturers uncertain: survey
      243 2 SINGAPORE Most manufacturers surveyed by the Singapore Manufacturers Association (SMA) do not know what to expect from the European Single Market. They are just as worried by North America's emerging trade bloc. And overwhelmingly, they are bullish on Asean's own proposed Free Trade Area (Afta). The
      243 words
    • Article
      HK govt denies favouritism in bridge contract
      498 2  -  HKs7.l4b deal goes to Anglo-Japanese consortium From Catherine Ong in HONGKONG THE Hongkong government has denied it showed favouritism towards British companies in its award of a HKS7.I4 billion (551.52 billion) contract to an AngloJapanese consortium to build one of the world's longest
      498 words
    • Article
      Lock icon Hongkong backs down on property tax increase
      369 2 Reuter HONGKONG Hongkong's colonial legislature, once derided as a rubber stamp, scored a major victory on Wednesday when Financial Secretary Hamish Macleod backed down on a controversial tax increase. Mr Macleod told the Legislative Council (Legco) that he had dropped a half-point increase
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Shenzhen seeks Beijing's approval to enact its own legislation
      458 2 AFP UPI HONGKONG China's most economically wide-open special economic zone, Shenzhen, is seeking direct authorisation from Beijing to enact its own legislation, it was reported here yesterday. Zhang Linghan, head of the Shenzhen city legislative bureau, was quoted by the semi-official
      AFP; UPI  -  458 words
    • Article
      Lock icon First onshore oil explorer complete seismic survey in China
      362 2 AFP WELLINGTON A New Zealand oil exploration company is currently processing seismic data collected in China by the first onshore foreign consortium allowed to prospect for oil there. The group, lead by Petrocorp, a subsidiary of Fletcher Challenge, is exploring in
      AFP  -  362 words
    • Article
      S'pore Computer Systems in tie-up with 2 Thai firms
      425 3  -  By William Chia SINGAPORE Singapore Computer Systems Ltd (SCS), one of the region's largest systems houses, is forging an alliance with two of Thailand's biggest business groups to exploit the burgeoning information technology market there. The listed SCS said yesterday PN
      425 words
    • Article, Illustration
      Law firm confirms writ against Tjetty
      545 3  -  By Dawn Tan SINGAPORE A law firm confirmed yesterday that it was filing a writ against Indonesian businessman Tjetty on behalf of some members of Mr Tjetty's Pulau Bayan Marina Club. A partner in the firm Wee, Ramayah Partners said the writ was in
      545 words
    • Article
      Taiwan, Korea seek links in computer industry
      482 3  -  From Walton Morais in TAIPEI THb Taiwanese and Korean computer industries are seeking to forge links in the face of slowing world demand, rising domestic costs, and patent protection by the world's leading manufacturers. Industry leaders trom the two countries are in Taipei
      482 words
    • Article, Illustration
      S'pore tourism may be hit by German strike
      281 3  -  By Hong Lee Tiam SINGAPORE Ricky Goh, who was re-elected president of the Singapore Hotel Association yesterday, said he feared local tourism could be hit by the German strike and the Japanese recession. Speaking after the SHA's annual general meeting, he said
      281 words
  • Page 2 Advertisements
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      304 2 Whichever rood you take, we'll give you 8 good start. QirA mmamummam i flexi-DWVE \>INANCING/ i| Things are now looking better for car buyers. Flexi-Drivc Fbaacbg With the introduction of Flexi-Drive Financing, we J Our unique Ftexi-Drive Financing Scheme lets you give you the flexibility of two easy finance schemes.
      304 words
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      Page 2 Advertisements Column 2
      56 2 Boom in southern China overriding 1997 fears, Pg 9 CONVERSATIONS I RAFFLES v V. this point. John Wong, who left the comforts of IBM for the challenges of running a traditional local company, explains why and how he is shaping a new image for Hong Leong Corporation. In Executive Lifestyle
      56 words
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      27 3 If you're a sleepwalker, please fasten your seatbelt. for only you can relax our class sleeper Euro Class. Scandinavian Airlines. The expressway te Europe. JMS SCANDINAVIAN AIRLINES
      27 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Venture Manufacturing posts $3.4 m profit
        59 4 SINGAPORE Venture Manufacturing (Singapore) Ltd, which was listed on Sesdaq late last month, has reported group after-tax profits of $3.40 million for the year ended Dec 31, 1991, up 46 per cent from the previous year's $2.33 million. Turnover rose 75 per cent to
        59 words
      • Article
        SIA unit's paid-up capital raised
        33 4 SINGAPORE Singapore Airlines Ltd said it had raised the paid-up capital of its wholly-owned subsidiary. Cargo Community Network Pte Ltd, from $2 to $3.06 million on April 22.
        33 words
      • Article
        Time-EPE to seek listing this year
        89 4 KUALA LUMPUR Time-EPE Sdn Bhd, a member of the Time Engineering group, is seeking a listing on the second board of the Kuala Lumpur Stock Exchange, its managing director Jamaluddin Mohd Jarjis announced yesterday. Speaking to newsmen after the signing of two contract agreements
        89 words
      • Article
        Tenaga Nasional to spend M$37b
        80 4 KUALA LUMPUR Tenaga Nasional Bhd, which will soon become a private entity when its shares are listed on the KLSE later this month, is expected to spend about M 537.3 billion (5524.3 billion) in capital expenditure for the generation of electricity in the next 10
        80 words
      • Article
        Sanyo (M) pre-tax profit up
        75 4 KUALA LUMPUR Sanyo Industries (M) Bhd reported a higher group pre-tax profit of M 57.55 million (554.9 million) for the year ended Dec 31, 1991, up 32.1 per cent from M 55.72 million previously. The company's turnover also rose 32.6 per cent to M$ 137.72
        75 words
      • Article
        CCM set to build second plant
        73 4 KUALA LUMPUR Chemical Company of Malaysia Bhd will begin the construction of its second decorative paints plant in the country at Nilai, Negeri Sembilan, once the Department of Environment approves an Environment Impact Assessment study on the project, its managing director, Lim Say Chong,
        73 words
    • Article
      Investors given hint of higher NTA, urged to wait
      636 4  -  Takeover bid for Malayan Credit By Lee Han Shih SINGAPORE Malayan Credit Ltd yesterday strongly hinted that its net tangible asset (NTA) backing could be much higher than $2.54 a share. M Credit, being hotly pursued by Hotel Properties Ltd and
      636 words
    • Article
      ICS puts two subsidiaries with losses into run-off
      264 4 SINGAPORE The Insurance.Xorporat ion of Singapore* jfICS) Ltd has put its two kibsidiaries, ICS Reinsurance Pte Ltd and ICS (UK) Ltd into "run-off' because of unacceptable losses and .limited prospects of adequate returns, said chairman Tan Boon Teik. He wrote in the
      264 words
    • Article
      Is the top-up agreement a fair strategy?
      725 4  -  Cycle Carriage using it to great effect HOCK By Lee Han Shih SINGAPORE A novel strategy on corporate takeovers came into prominence in the last few days. Called the top-up agreement, it has been used with great success by Cycle Carriage Ltd and
      725 words
    • Article
      Hotel Malaysia, Goodwood post strong results
      265 4 SINGAPORE Two hotels belonging to business tycoon Khoo Teck Puat's group yesterday announced fairly strong interim results but forecast that their performance in the second half would be unexciting. The two publicly-listed groups were Goodwood Park Hotel Ltd and Hotel Malaysia Ltd. Goodwood Park
      265 words
    • Article
      Uniphone posts 28pc rise in bottomline earnings
      483 4  -  Group's after-tax profit rises to M$ 13m By Chew Eng Han SINGAPORE Uniphone Telecommunications Bhd has reported a 28.6 per cent rise in its bottomline earnings for the year ended Jan 31. The group's profit after tax, minority interest and extraordinary items rose
      483 words
    • Article
      Lock icon New Zealand expects to sell four state firms by mid-1993
      505 5 Proceeds will be used to retire external debt Reuter WELLINGTON New Zealand expccts to complete the sale of most of four state firms by the middle of next year, provided no impediments arise, Minister of State-Owned Enterprises Maurice McTigue said.
      Reuter  -  505 words
    • Article
      Thai group CP Pokphand places out HK$480m shares
      299 5  -  From Catherine Ong in HONGKONG THAI agro-industrial group CP Pokphand Co Ltd yesterday placed out HK$4BO million (SSIO2 million) worth of shares to institutional investors. Controlling shareholders Dhanin Chearavanont and Sumet Jiaravanon sold 200 million shares at HKS2.4O each, representing a 10.3
      299 words
    • COMPANY BRIEFS
      • Article
        China Steel's profit inches up
        53 5 TAIPEI Taiwan's China Steel Corp posted a slight increase in pre-tax profit for the half-year to Dec 31, 1991, to NTsB.3l billion (***** million) from NT$B.22 billion (Sss4o million). The rise in profits was posted despite a drop in turnover to NT529.29 billion in 1991
        53 words
      • Article
        Chinese manager under probe
        94 5 BEIJING The manager of a Chinese trading company is under investigation for losing nearly US$2O million (Ss33 million) by speculating on international futures markets, an official newspaper reported Wednesday. Prosecutors in Shenzhen are investigating Ye Zhenzhong, general manager of the Shenzhen Import-Export Trading Co, for serious
        94 words
      • Article
        Hanoi airport to be expanded
        128 5 HONGKONG Olympic Champion Investment Ltd, a local trading and cosmetics group, has signed a joint venture agreement with Vietnam's government-backed Hanoi International Airport to expand and manage Hanoi's Noi Bai international airport for 25 years. The first phase of the airport expansion will cost US$l6O
        128 words
      • Article
        Japanese in Oman LNG project
        64 5 TOKYO Japan's Mitsui and Co, Mitsubishi Corp and C Itoh and Co will join the Oman government and the Royal Dutch Shell group to develop liquefied natural gas (LNG) resources, a Mitsui spokesman said yesterday. The five parties have agreed to start the joint project
        64 words
      • Article
        Japan's houseware giant goes bust
        67 5 TOKYO Lec Inc, Japan's largest houseware products maker, has gone into bankruptcy the first listed Japanese company to do so since August 1986, private research agency Teikoku Data Bank said yesterday. The Tokyo-based company has total liabilities worth 20 billion yen (SS2SO million), mostly reflecting
        67 words
    • Article
      Lock icon Shenzhen-listed firm vows tough legal fight
      411 5 South China Morning Post HONGKONG Champaign Industrial, listed on the Shenzhen stock exchange, says it will exhaust all legal means to settle its landmark disputes with the Shenzhen authorities, after a municipal court failed to meet the deadline for deciding whether to hear the
      South China Morning Post  -  411 words
    • COMPANY BRIEFS
      • Article
        BAT Industries' 14pc rise in pre-tax profits
        76 6 L ONDON British tobacco-to-insurance group BAT Industries announced on Wednesday a 14 per cent rise in pre-tax profits for the first quarter of 1992, boosted by record profits from its tobacco business, with exports remaining buoyant. Ciroup pre-tax profit rose to £262 million
        76 words
      • Article
        Hoesch upbeat about '92
        100 6 DORTMUND, Germany Hoesch AG struck an upbeat note on Wednesday at its final news conference before being swallowed by Fried Krupp AG in July, forecasting sharply higher earnings despite the current world steel market slump. Chief executive Kajo Neukirchen, set to leave Hoesch soon, said group
        100 words
      • Article
        Trafalgar House earnings up
        96 6 LONDON Construction, shipping and hotels group Trafalgar House pic on Wednesday said its first half profits rose to £54 million (Ssl6o million) from £45.5 million a year earlier but continuing recession and a high tax charge prompted it to halve its dividend. Its interim payout was
        96 words
      • Article
        PepsiCo profits up 15pc on average
        69 6 NEW YORK PepsiCo Inc chairman and chief executive Wayne Calloway told shareholders on Wednesday that first earnings and a projection for the current Quarter bring us hack to the trend line of the past several years". PepsiCo earnings rose an average 15 per cent
        69 words
    • Article
      Lock icon Third World stock markets make biggest gains
      488 6 Six Latin American bourses among top 10 in 1991 AFP AP Reuter WASHINGTON Third World stock markets, led by Latin America, top the hit parade of world financial markets in 1991, and seem prepared to show that their rises are not just a
      AFP; AP; Reuter  -  488 words
    • Article
      Lock icon Philips hit in key consumer electronics sector
      366 6 Reuter EINDHOVEN Philips Electronics NV suffered a severe setback in its key consumer electronics sector in the first quarter of this year, reflecting a worsening slump in the market and stiff competition from Japanese firms. Operating profit from consumer products plunged to 106
      Reuter  -  366 words
    • Article
      Lock icon Beleaguered Macy reports losing US$57m in March
      272 6 AP NEW YORK RH Macy and Co Inc lost nearly U5557.4 million (5594.7 million) in March as the department store company sought to regain its footing after its bankruptcy court filing. Macy said on Wednesday that business was again hurt, as it was
      AP  -  272 words
    • Article, Illustration
      Lock icon Matsushita to unveil new audio system
      476 6 Digital compact cassette player aimed at reviving poor market Reuter TOKYO Matsushita Electric Industrial Co Ltd will start selling a new audio system in September that it hopes will galvanise the sluggish consumer electronics market, managing director Tadakazu Yamamoto said. The digital compact cassette
      Reuter  -  476 words
    • Article
      Lock icon Hyundai's feud with S Korean govt casts shadow on business prospects
      481 6 Reuter SEOUL The feud between the Hyundai Group and the South Korean government may have undermined a mul-ti-million dollar bid for a Hongkong project and has done little to enhance future prospects in overseas markets, industry analysts say. Yesterday,
      Reuter  -  481 words
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      89 4 CHARTPOINT Every Saturday in Business Times 4» -t* V %>.-, v <#<r -»•«>«»•♦— <o».'.H>-. -«JJ t'f'V-t *w*y -*W;-vf f jfe*K •j.v**.-*** >"» ■*'*«t»■»*»■«»»» W"!™ 1 THERE'S MORE TO UFEWITH St? RENAULT Tjr «*>- the Savanna qualifies as a very capable people carrier". *^Sf "A compelling combination of comfort, —w— performance
      89 words
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      189 5 .V*. Instant gratification from Diethelm. a the ergon we make our t0 an state technology hiccups. Because all too believe that If you're onto a tempered with a classic often, when one talks about good thing you should have Italian feel. Where functional office furniture, the back-up more of it.
      189 words
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      1478 6 II II SM TEH LTD I (Incorporated in the Republic of Singapore) I I NOTICE OF ANNUAL GENERAL MEETING I I NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of the Company will be held at the I I Function Room Recreation Complex, Chinese Swimming Club. 21 Amber
      1,478 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Thailand's Finance One gets US$40m credit
      356 7  -  By Kooi Cho Teng SINGAPORE Thailand's largest finance and securities house. Finance One Ltd, has obtained US$4O million (Ss66 million) from the offshore capital markets to fund its working capital requirements. The one-year loan was pegged at 62.5 basis points above the Singapore interbank
      356 words
    • Article
      Lock icon SEC blocks sale of bearer bonds by Pakistani central bank
      451 7 Reuter WASHINGTON In the first such case against an overseas central bank, US regulators has ordered Pakistan to halt a sale of bonds that lawmakers here had warned could help money launderers. The Securities and Exchange Commission said on Wednesday
      Reuter  -  451 words
    • Article
      Lock icon Foreign buying of Japanese securities hits new high
      254 7 AFP TOKYO Net foreign buy- ing of Japanese securities hit a record high of US$lOl.4 billion (S$ 167.3 billion) in fiscal 1991, easily surpassing the previous high set in 1989, the finance ministry said on Wednesday. The figure for the latest fiscal
      AFP  -  254 words
    • Article
      Lock icon Lloyds faces setback in planned bid for Midland
      355 7 FT LONDON Britain's Office of Fair Trading is planning to recommend that the Monopolies and Mergers Commission should examine Lloyds Bank's proposal to buy Midland, its UK competitor, for £3.6 billion (Sslo.B billion). It does not believe, however, that the Hongkong and
      FT  -  355 words
    • Article
      Lock icon Aussie rate cut likely to recharge bond market
      369 7 Reuter SYDNEY Australia's latest interest rate cut should boost activity in the domestic bond market as issuers take advantage of cheaper funding, analysts said yesterday. They said new issues were unlikely to return to the high levels of 1991 as governments and
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Salomon warns of additional provisions to cover settlement
      452 7 FT NEW YORK Securities house Salomon Inc has warned of provisions, in addition to the US$2OO million (Ss33o million) already set aside, to cover settlement with the US government of last year's bond trading scandal.' The announcement on Wednesday came as it
      FT  -  452 words
    • SMALL CHANGE
      • Article
        Christiania Bank cuts back on losses
        103 7 OSLO Norway's Christiania Bank og Kreditkasse A/S reported a substantial fall in its first quarter of 1992 net loss and said the number of non-performing loans had shrunk. The bank made a net loss after tax of 86 million crowns (5522.3 million) compared with
        103 words
      • Article
        Islamic creditors reject BCCI deal
        71 7 CAIRO Islamic creditors of the disgraced Bank of Credit and Commerce International (BCCI) believe an agreement to liquidate the bank is unbalanced and want it reconsidered, a senior Arab banker said on Wednesday. "Creditors believe the agreement does not achieve their interests in the way
        71 words
      • Article
        Bahraini Saudi Bank profit dips
        87 7 MANAMA, Bahrain Bahraini Saudi Bank, a small offshore bank, said its net 1991 profit declined to 1.5 million dinars from 1.7 million the previous year. The bank said in its annual report it had set aside 600,000 dinars in provisions for the year compared with
        87 words
      • Article
        No end to UK recession in sight
        86 7 LONDON Royal Bank of Scotland Group pic's chairman George Younger said he saw no immediate end to Britain s economic recession, reflected in the bank's sharp drop in half-year pre-tax profits. "As yet, there are no signs of an end to the recessionary
        86 words
      • Article
        Profit of Austria's biggest bank
        97 7 VIENNA Austria's biggest bank Z-Laenderbank Bank Austria AG, created out of a merger last October, announced that profits fell in the first quarter against the year-ago performance of its two predecessor banks. Speaking at the bank's first annual shareholders' meeting, chief executive Rene Alfons Haiden
        97 words
      • Article
        Banks pledge to go green
        59 7 UNITED NATIONS Twenty-nine international banks with more than US$l.5 trillion (552.47 trillion) in assets promised on Wednesday to consider ecological principles when financing development projects. Executives of the banks, none of which was from the United States, signed a pledge to weigh environmental factors in
        59 words
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      51 words
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  • THE REGION
    • NOTE BOOK
      • Article
        HK is biggest trader among Asian NICs
        69 8 WASHINGTON Hongkong was the biggest trader among Asia's newly industrialising countries last year, but Taiwan and China sold more than they bought, the International Monetary Fund said. "Asian developing economies exports rose 14.3 per cent in value terms in 1991 to U*****.2 billion
        69 words
      • Article
        Philippine inflation dips further
        45 8 MANILA The Philippine inflation rate dipped to 8.7 per cent on an annual basis in April, down Irom 8.8 per cent in March, the National Statistics Office said here yesterday. Businessmen attributed the lower rate to tight controls on government spending.
        45 words
      • Article
        Indon tourist arrivals up 29pc
        72 8 JAKARTA Tourist arrivals in Indonesia's four main gateways Jakarta, Bali, Batam and Medan increased by 29.2 per cent in the first three months of 1992, the Antara news agency reported yesterday. Quoting a Ministi7 of Tourism and Telecommunications official, Antara said tourist arrivals reached 571,186
        72 words
      • Article
        Turnover of M'sian products up
        45 8 KUALA LUMPUR The turnover of the manufacturing sector for the first two months of this year increased by 12.3 per cent, or M$ 1.48 .billion (*****.7 million), to M$ 13.49 billion from Msl2 billion in the same period last year.
        45 words
      • Article
        Australia lifts ban on PLO
        63 8 CANBERRA The Australian government has lifted a ban on official contacts with the Palestine Liberation Organisation on the eve of a six-nation visit to the Middle East by Foreign Minister Gareth Evans. The decision reflects "the generally constructive role" played by the PLO since the
        63 words
    • Article, Illustration
      Latest poll puts Ramos ahead by slender margin
      601 8  -  Run-up to the Philippine elections By Harish Mehta SINGAPORE The latest election-eve opinion poll has tipped former Defence Secretary Fidel Ramos as the favourite to win the presidential election in a narrowing field. Mr Ramos, who has the backing of President Corazon
      601 words
    • Article
      Lock icon KL's inflation data may not lead to rate cut: analysts
      492 8 Reuter KUALA LUMPUR Malaysia's March 4.4 per cent year-on-year inflation shows that prices are within manageable levels, but analysts said yesterday that it does not mean interest rates, now at a six-year high, will ease off soon. The Statistics Department
      Reuter  -  492 words
    • Article
      Lock icon Corruption hurting Viet economy, says report
      216 8 Reuter HANOI Increased corruption in Vietnam hurts economic growth and is destroying public faith in the government, an official newspaper said. Petty corruption in government offices and on Vietnam's roads was as worrying as some big corruption scandals, the latest issue of the Great
      Reuter  -  216 words
    • Article
      Lock icon Aussie jobless rate fall due to more giving up search for work
      371 8 Reuter SYDNEY Australia's unemployment rate fell to 10.4 per cent last month, largely due to discouraged job seekers giving up the search for work, analysts said yesterday. Employment Minister Kim Beazley said the fall in the April jobless
      Reuter  -  371 words
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  • THE WORLD
    • Article
      Lock icon US economy recovering unevenly, says Fed
      535 9 Some sectors and states are better off than others Reuter WASHINGTON The economy appears to be picking up, but the recovery is uneven with some parts of the country and some businesses doing better than others, the Federal Reserve said on Wednesday. The latest
      Reuter  -  535 words
    • Article
      Lock icon Bush faces rebuff over bid to help former Soviet republics
      284 9 NYT WASHINGTON Members of Congress have delivered a blunt warning to the Bush administration that President George Bush's proposed legislation authorising US participation in a US$24 billion (5539.5 billion) international assistance programme for the former Soviet republics is in jeopardy
      NYT  -  284 words
    • Article, Illustration
      Burying the Cold War
      43 9 FULTON, Missouri Former Soviet President Mikhail Gorbachev delivering a speech symbolising the end of the Cold War. He called for world democracy using the same podium used by Winston Churchill (statue in background) for his 1946 "Iron Curtain" speech.
      43 words
    • Article
      Lock icon EC Commission proposes slight rise in '93 spending
      297 9 AP BRUSSELS The European Community Commission on Wednesday proposed a 1993 EC budget of 67.3 billion European currency units (S$ 138.6 billion), up 1.1 per cent from this year. It foresees 32.2 billion ECUs in subsidies for EC farmers, down 9 per
      AP  -  297 words
    • Article
      Lock icon Bonn's plan for spending cuts under fire
      394 9 Proposals said to be too vague and hitting ordinary people too hard Reuter BONN Federal government plans to pare German public spending to the bone have been criticised for being too vague and hitting ordinary people too hard. Finance Minister Thco Waigel announced
      Reuter  -  394 words
    • Article
      Lock icon Boom in HK and southern China overriding 1997 fears
      519 9 Reuter HONGKONG Phenomenal growth in Hongkong and southern China will override political concerns about 1997 and will keep the economy of the Pearl River Delta booming into the 21st Century, a panel of prominent Hongkong figures said on Wednesday. They said
      Reuter  -  519 words
    • WORLD WATCH
      • Article
        UN heading for treaty to curb greenhouse gases
        92 9 UNITED NATIONS Cajoled by the US, UN negotiators were heading on Wednesday towards approving a treaty on climate change that environmentalists say falls far short ot what the world needs. Negotiators said the US, members ot the European Community and other industrialised
        92 words
      • Article
        G-7 to press Japan to cut surplus
        100 9 TOKYO Japan is expected to come under pressure at the July G-7 summit in Germany to slash its snowballing trade and current account surpluses by boosting domestic demand and imports, analysts said yesterday. The leaders of the Group of Seven (G-7) industrialised countries
        100 words
      • Article
        Japan questions US trade Bills
        76 9 WASHINGTON Japan's new ambassador to the United States said on Wednesday that legislation now being considered by Congress was the wrong way to resolve US trade problems. "Trade problems can be resolved and must be resolved by mutual consultations and negotiations and not bv unilateral
        76 words
      • Article
        Corruption rising in Chinese party
        92 9 BEIJING Corruption within the senior ranks of the Chinese Communist Party is on the rise as party leaders abuse their power to feed an "insatiable greed", the official Press Digest newspaper said yesterday. The unusually trank report, which quoted an analysis by the Central Party
        92 words
      • Article
        Taiwan reform package approved
        71 9 TAIPEI Taiwan's ruling party approved on Wednesday a landmark programme designed to bring in faster political reforms by amending the country's Constitution, party officials here said. A spokesman of the ruling Kuomintang (KMT) said the new programme included giving the council of grand justices the power
        71 words
      • Article
        EC industries oppose energy tax
        55 9 BRUSSELS A broad group of European industry associations on Wednesday lined up against a proposed tax on European Community energy consumption to limit polluting carbon dioxide emissions. Instead, the group urged the EC to support non-fiscal measures to limit carbon dioxide emissions, which are believed
        55 words
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      Page 9 Advertisements Column 1
      8 9 Balancing the budget with the Constitution, Pg 10
      8 words
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      Page 9 Advertisements Column 2
      282 9 jjf-l Can Employers /®bl»® vl Afford To OlfW Workers W V/X IV\/10 j n a 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 pI Singapore economy is to successfully restructure
      282 words
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  • Article
    Listing China's 'B' shares
    458 10 EDITORIAL IF THE recently-floated proposal to trade Chinese companies' "B" shares on the Stock Exchange of Singapore (SES) came out of the blue, it is indication of how far the Republic has travelled in its economic ties with China. Some reports have suggested that listing of
    458 words
  • WHAT THE OTHERS SAY
    • Article
      Striking at fundamentals
      264 10 THE sudden outbreak of industrial unrest in Germany comes as a nasty international surprise, for the country has long been associated with the wonders capitalism can do if labour, management and the state work together. These factors, along with a progressive education system, a committed labour force
      264 words
    • Article
      Big problems in Germany
      100 10 GERMANY is almost crippled by the widespread strikes by its public sector. But behind these strikes lie more serious problems. Productivity is down while wages continue to soar. More and more big German companies Siemens, Volkswagen, BMW are exporting jobs. And eastern Germany's seemingly insatiable hunger
      100 words
    • Article
      No more consensus
      110 10 THE GOVERNMENT in Bonn has no choice but to pour in huge funds to rebuild eastern Germany to ease the rise in unemployment. But this means all German workers will have to put up with a slower growth rate, a higher inflation rate, and lower wage increases.
      110 words
  • REGIONAL VIEWPOINTS
    • Article
      Don't take it for granted
      207 10 LOS ANGELES County officials recorded 54 hate crimes against Asians last year, up from 49 the year before. Bobbi Kimble, the co-author of a hate-crime report for the Los Angeles County Commission on human relations, admitted: "We are a deeply racist society. There are entire
      207 words
    • Article
      Let's enjoy the feast
      153 10 SOME PEOPLE may consider it "routine." Others may think of it as "not unusual." After all, it has always run like clockwork every five years over the past 20 years. What we are referring to is the so-called "quiet period," the interval spanning the five weeks
      153 words
    • Article
      Learning to talk louder
      175 10 A STRONG, united Asian voice that can be heard by the Group of Seven (G7) richest nations is being mulled by finance ministers of the rapidly growing economies in the continent. The idea is also to establish greater links among the capital markets of the region
      175 words
  • Article, Illustration
    Lock icon Balancing the budget with the Constitution
    789 10  -  Despairing of reducing the runaway US deficit any other way. Congress is moving towards amending the Constitution. Clifford Krauss reports Clifford Krauss NYT Momentum is building in the US Congress for a constitutional amendment, that could take cflfect as early as 1995, requiring a
    NYT  -  789 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      207 10 The Straits Times Wfeekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment V> opportunities,appointments... And snippets on Malaysia and v> Asean. A convenient tabloid delivered wo toyoueveiyweek,whereever you may be. Subscribe now. And be m touch. SSwothSbiiS Making an issue of the major news r—-
      207 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      55 10 DOONESBURY BY GARRY TRUDEAU I r«0plPBB| W USUI, I THINK YOU'LtSPZCJAITREAT, BCHS 1 I EVSMN6, A6f?££ THAT SO FAR iCHJ'Vt UMTHYOUP 1 AN? GUUS! TON&TTtUt'ft I BC H HAD A Tftt RIP? IN THt RtWTAVON J 9 SHOOTING THt BULL WITH 9 KM! AM. PtTTIR, H MSP!A. IHAT, OF CCURSC.
      55 words
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  • ANALYSIS
    • Article
      Lock icon The real motor of economic growth in Africa
      674 11  -  Howard Schissel examines the benefits indeed, the sheer indispensability of the parallel economy in African nations Howard Schissel The writer is a Paris-based journalist and consultant on African affairs IHT IN TOGO, they call it kalahule; in Uganda, it is referred to
      IHT  -  674 words
    • Article
      Lock icon Japan flexes some muscle at the ADB meeting
      737 11  -  Scott Miller discusses Japan's clear domination at the annual bank meet Scott Miller Reuter TOKYO and Washington might technically be equal partners in Asia's premier aid institution, the Asian Development Bank (ADB), but at this year's annual meeting Japan has shown just
      Reuter  -  737 words
    • Article, Illustration
      A new era of sharing power in Vietnam
      1187 11  -  With the adoption of a new Constitution last month, the Vietnamese Communist Party is sharing power with a more powerful president, prime minister and parliament. Harish Mehta talks to former foreign minister Nguyen Co Thach and Vietnamese officials to assess the impact
      1,187 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1226 12 Nothing Beats A Bud. Ilfflnfll where to wine, dine KIMT. nv KIWO OF BBBRB# THREE SPECIAL The offer is simply irresistible come along with two friends to Princess Terrace for the dinner buffet and pay for the price of two. Feast on an enticing spread of local and Malaysian favourites
      1,226 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      647 12 TELEVISION AND RADIO rx ,i i lee;* iMs nsaxsviiir assa* buswessqnrap.o Spprpts in the sana a> "*?tsr ,<s :rca r iamm*. mc,»«<»-.m«wh^* Uvvlvlij 111 UWIIV* iff 1.15 Clow. lights) 7.05 am, l.JOpm, S.OSpni, 1.05 a«: (Sec Our Choice). 11.30 Golden Classics Barricade. World Business Report ■EEEEIiEIBBI 12 [772,*** ,s,cro 12.50
      647 words
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  • LIFESTYLE 1
    • Article, Illustration
      In search of the exclusive
      684 13  -  The corporate gift business has progressed far beyond the humdrum hamper, reports Nirmal Ghosh Nirmal Ghosh A BIG crowdpuller at the Asian International Gift Fair at the World Trade Centre is the instant T-shirt printer brought by Creative Transfer, a New Zealand-based company. The machine
      684 words
    • Article, Illustration
      Lock icon A devil of a woman
      929 14  -  Peter Flint looks back at the Marlene Dietrich legend Peter Flint NYT Marlene Dietrich, the magnetic movie star and singer who was an international symbol of glamour and sex for more than half a century, died on Wednesday at her home in Paris at the
      NYT  -  929 words
    • Article, Illustration
      Reward for return of Madonna's bustier
      404 14 CHATTERBOX AMONG the thousands of dollars of merchandise carted ofT during last week's Los Angeles riots, a merchant wants just one item returned. You might say he's busting with efforts to reclaim this purple and gold item. Lingerie purveyor Frederick's of Hollywood hopes the
      404 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      253 13 AND ENTERTAIN Ridley's I Be a member of Ridley's and enjoy these I j I exclusive privileges: I a 25% off all bottles I t I 10% off all drinks after happy hours I a 10% discount at the Hubertus Grill and I I Cafe-in-the-Park I j and many more
      253 words
    • Advertisement
      Page 13 Advertisements Column 2
      101 13 .L— 4£) Qip| 1 1 ''person) IviWtotAtrit'Dotf 1 SfltCiAl Stt TftcHU Mother's Day j One Euroca Delta i j 1 Camera Worth MWHKII £49.90 I will be given away //m J free (or ,abte booking I Delta PI Lobster Salad vwrtti Fresh Fnit Special Drunken Prawn U; Crab Meat with
      101 words
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      Page 13 Advertisements Column 3
      251 13 A card that offers not only Discount Credit but a choice of Varieties Venues 10% discount at these outlets: Her Sea Palace Restaurant Prima Tower Revolving Restaurant (Forum Calleria United Square) (Keppel Road) Miyako Sushi Bar Teochew City Seafood Restaurant (Straits Trading Building) (Centrepomt Straits Trading Building) Mamma Mia Ristorante
      251 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      117 14 ATTENTION CORPORATE CHIEFS The New Paper Big Walk '92 is incredibly big. Big [jffljSX in fun and excitement. Big in healthy lifestyle. And ('JtSKCV real bigin prizes. So ifyour company is equally big in BIG WALK '92 sportsmanship, inspire your staff to form a team. N s y Y 4
      117 words
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  • SPORTS
    • Article, Illustration
      Lock icon LeMond raring to go in Tour Du Pont
      450 15 Reuter WILMINGTON, Delaware If it's springtime, then Greg LeMond should be struggling. But for one of the rare times in his 12-year professional career, the 30-year-old American is fit early in the cycling season and ready for a run at the Tour
      Reuter  -  450 words
    • Article, Illustration
      Lock icon Vibrations, miscalculations can tumble grandstands: experts
      406 15 AP PARIS Temporary grandstands like those that collapsed at a French Cup soccer match in Corsica can crack like a crystal glass if they are not built precisely to specifications, experts said on Wednesday. The head of the International Football Federation, Joseph Blatter, said
      AP  -  406 words
    • Article
      Lock icon Italian campaign no laughing matter
      492 15 America's Cup Reuter SAN DIEGO They're not laughing at the Italians anymore. By reaching the finals of the America's Cup yacht racing competition, II Moro di Vcnezia has restored lustre to a national sailing reputation that since the last regatta in Australia had risked being
      Reuter  -  492 words
    • Article, Illustration
      Lock icon Pavin raps media for fuss over top players who give PGA tours a miss
      479 15 AP MARIETTA. Georgia Corey Pavin says the media makes too much luss about the number ot top players bypassing a PGA four event. "It doesn't matter who's there, the same scores seem to win every week."
      AP  -  479 words
    • SIDE LINES
      • Article
        Edberg and Stich in ATP quarterfinals
        132 15 HAMBURG, Germany Stefan bdberg of Sweden and Michael Stieh of Germany breezed into the quarterfinals of the US$l.27 million ATP German Open Tennis Tournament on Wednesday, while Ivan Lendl and John McEnroe lost. Top-seeded Edberg, the world's second-ranked player after Jim Courier of the
        132 words
      • Article
        There's life after Aids: Ashe
        131 15 Richmond. Virginia Tennis great Arthur Ashe said his life has changed dramatically since he revealed last month he has Aids. And he still resents the intrusion of the media in his private life. "Everything has changed," he told a Richmond,. Virginia sports luncheon honouring high
        131 words
      • Article
        Riccardo Patrese sweeps ahead
        91 15 IMOLA. Italy Italy's Riccardo Patrese drove the fastest lap here on Wednesday in private time trials in preparations for the May 16 San Marino Grand Prix. His time of Imin. 23.668 on the Dino Ferrari circuit bested that of Williams teammate and championship leader Nigel Mansell
        91 words
      • Article
        Rick Mears escapes injury
        91 15 INDIANAPOLIS Rick Mears. the four-time and defending Indianapolis 500 champion, escaped serious injury in a horrifying crash on Wednesday during practice for the May 24 race. Mears, who never lost consciousness, was taken by ambulance to nearby Methodist Hospital, where his injuries were diagnosed as a
        91 words
      • Article
        Germans win European Cup
        70 15 LISBON Germany's Werder Bremen lifted the European Cup Winners' Cup here on Wednesday night after beating Monaco 2-0 in a scrappy final overshadowed by the Bastia stadium disaster. Glaring defensive blunders allowed veteran international Klaus Allofs to put Bremen 1-0 up in the 40th minute, and
        70 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      680 15 NOTICES EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... j l To advertise your Appointments or Notices, call toll-free 737-0043 frhe Straits Times 1 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF DEAN WITTER REYNOLDS (S.E.A.) PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary
      680 words
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      Page 15 Advertisements Column 2
      294 15 •N THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DEAN WITTER CAPITAL MARKETS INTERNATIONAL (ASIA) LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members ot DEAN WITTER CAPITAL MARKETS INTERNATIONAL (ASIA) LTD, duly convened and held on Thursday, 30 April, 1992 at
      294 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Tokyo's strong gains fail to stimulate interest
      3635 16  -  By Joseph Rajendran TOKYO'S strong gains yesterday barely boosted investor sentiment in Singapore. By the end of the day, the benchmark Straits Times Industrials Index managed only a 1.67 point gain to close at 1,474.93, although it had recovered from a 5.64-point drop
      3,635 words
    • Article, Illustration
      Lock icon HOT STOCK
      73 16  -  By Chew Eng Han Comment A SUPPORT line joining the troughs in 1990 and 1991 has provided long-term support. If the current weakness does not extend below 52.25-52.27, then a break on the upside is likely, with the initial target at $2.60. A break above that means a
      Source : Bridge Info  -  73 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2848 17 DBS Foreign 1410 I Kl *2.2% Jurong Ship 50* 1030 20 2.0% Inchcape 605 15 >2.5% keppel Wt 540 H5 2.9% Roth Inds 50* 650 I 15 t 2.4% (JOB Foreign 740 *15 2.1% Metro llldgs 390 114 t 3.7% FAN 1010 F10 +-1.0% (il-
    2,848 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      123 17 shinel YOUR KEY TO BETTERBUSINESS DECISIONS! I Shine is Singapore Press Holdings'inforich database financial statements highlights, graphs, latest results team: T. S. I.iuon MO IO3S. Ha/el Ongon 7 40 PI on Teleview, which incidentally is the most advanced f videotex! system in the world. For a subscription fee of only
      123 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2894 18 [RISES I i !ll'l>;-> Ml* S III -f S II h% P\1< P2 4 2 4'S. 4 i.'.iulu lililps X4' 2' 3 (1% I Mi >>m IsS i 1 1% j \1lM ItHcwn W2 t 2 (1.4% I 1 \l\\ il HI 2 II ?*S.
    2,894 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      750 18 ~N ~o" T~T~C~ YT" AIK LEE HONG (PTE) LTD (Members' Noluntarv Liquidation I NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to section 308 (11 (2) of Ihc Companies Act.. Cap. 50 that a Final Meeting of Members of the abovenamed company will be held at 141 Middle Road.
      750 words
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      Page 18 Advertisements Column 2
      170 18 THYE OUAN REALTY CO. PTE. LTD. (In Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE S HEPEOY GVEN fx/auant to Section 306 of the Companies ActCtc 50. rat ihe Rnal Mooting of the Members of the Company wW be hold at 51 Anson ftoad, "02-57&»02-59, AnsonCertre. Sngapce 0207 on Monday, Blh
      170 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end off day's lows on late afternoon buying
      5218 19 Bernama RENEWED speculative buying late yesterday afternoon took share prices in the Kuala Lumpur Stock Exchange off the day's lows although the market still closed lower on profit-taking. The KLSE Composite Index at the close of trading dropped 0.90 of a
      Bernama  -  5,218 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      416 20 Hfljjn luri List Fal Tear Faracast c Me Net Net Pit# EPS ■d Year EPS Crass preit «K« Cm PeiM bit jt earing (cts) 4* M SM F May 20 Mar 92 1432 400 912.800 9865 1175 0 153 9-1840 Metro HMgs F Jun 13 Mar 92 110
      416 words
    • Article
      OTHER RESULTS DUE
      406 20 UM uawtar Cam hrirf hh "j aaaaaacH eafcg (cts) pnfll last year (S$t*) EMS Final Nov 6 Jul 91 3.0IE 17.87a. Jacks tat Final Apr 30 )an 92 2281 |TP NMgs Final May 6 Mar 92 4.5 33 6.032 K-m Final Ma, 15 Mar 92 74 60
      406 words
    • Article
      AUDITED RESULTS
      310 20 Company Date Year Group Net Met earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) Inchcape May 4 Dec 91 M$53,822($66.683) 32.9(40 7) 20(32 54) DBS Land Apr 30 Dec 91 $50 908(530,978) 7 9(4 8) 5(4) Keppel Corpn Apr 30 Dec 91 $144.718($118.202) 35(33.1) 10(8)
      310 words
    • Article
      PRELIMINARY RESULTS
      268 20 Company Date Ytar Group pre-tax Net earmnfj Gross anil to profit/loss <L) per share dividend ('000) (cents) M Credit May 6 Mar 92 $20 9b/($18.S8?) 4 8(4 4) 6 25(5) Umphone Tel May 6 Ian 9? M$27.228($17 956) 21 2(14 3) 7(7) Chem Ind May 5 Mar 92
      268 words
    • Article
      INTERIM RESULTS
      351 20 Comoanv Oat* Half-year Group pre-tax Interim ana te pr<rfiVkss (L) divide* (000) I S PH Apr 24 Feb 92 $123 204($110 396) 10(8) T im es Pub Apr 20 Feb 92 *****2(525.132) 4(4) New World Apr 1 Dec 91 HKJ1 276d(S521 808) 21(16) Burw ,n Mar 31 Dec
      351 words
    • Article
      CORPORATE DEVELOPMENTS
      470 20 May 6 Jardme Matheson Holdings Ltd proposed to transfer its primary listing to the London Stock Exchange and to convert its listing on the Stock Exchange of Hong Kong to a new secondary listing. May 5 A subsidiary of Sin{marine Industries Ltd, Aluminium Craft (88) Pte Ltd, has
      470 words
    • Article
      DIVIDENDS ANNOUNCED
      1764 20 Current Ex Boohs Date Total far Total far H1 payment tfato dose MPMe tee year last year fcma 5* Jun 5 Jun 18 Jul 2 12 2* 101TE Awno 20c 1251TE Ma' 3 Mar 13 May lb 17 51TE 1251TE B Raya 11 Jun 24 Jul 8 M
      1,764 words
    • Article
      PROPOSED ISSUES
      610 20 Company Rights Issue Ala nee Tech Onelorone SI 00 per share CASH Three tor two (a. MS050 per share DtC B»* One for two (a MSI 25 per share Goktan Hope One tor six MSI 50 per share H Leonj M Two tor live MS3 35 per share
      610 words
    • Article
      COMPANY MEETINGS
      98 20 Tajo Bricks Bhd: 15th AGM at Hobday ViHa (Level 4, Convention Centre). No. 9 jaian SS 12/1, Subang Jaya, ***** Petaling 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.
      98 words
    • Article
      SCRIPLESS CONVERSIONS
      51 20 Conversion Special Trdg Scrifkn Conversion deadline Period Tradtaf Compan) starts (IDP) (ST) starts Gold Coin* May 12 Jun 8 Jun 23 Keppel Finance* Jun 10 Jul 1 Jun 19 Jul I Jul 2 COI-* Apr 30 May 22 May 11 May 22 May 25 Foot note: indicates proposed
      51 words
    • Article
      RECORD HIGHS & LOWS
      147 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mr *****8 (21/2/92) 1545.92 (27/1/92) 25 IS 91 31 (09/4/92) 1992 low 1352 83 (09/4/92) 2? El ***** (3/6 91 1« 1565 58 (3/6/91) 2 ***** (16/1/91) 1149 08 (16/,/91) SoSr 43 43 16 90 »•N* 1607 12 (27/3/90) 2o
      147 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      655 20 Trans Registered Substantial Buy/ Shares Amoonft Stock Date Holder Sharehelder/Oirecter Sell involved Belere Clige Mter Chge Semb Shipyard 30/04/92 0C8 Nominees Pte Ltd Temasek Holdings (Pte) Ltd *S 36,000 296.949 m'™'™ mi! Heshe HkJgs 30/04/92 First Capital Assets Pte Ltd Quek Leng Chan B 3000,000 1.662.500 *****
      655 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      363 20 In local cwt In SS l'S$ S d> >t dy yr dy yr May 6 Index chge ch«c chge chge chgc chge Wor d 396.4 0.8 -2.9 0.8 -4.4 0.9 -6.1 ♦EAFE 475.8 1.0 -5.2 u -8.5 1.5-10.1 Europe 452.4 0.8 10.0 I.I 5.8 1.3
      363 words
    • Article
      APPROVED ISSUES
      144 20 Company Others gait on Issue ot $90 978m nominal amount of 351 Redeemable Unsecured Guaranteed Bonds 1992/97 with *****m detachable TSRs on the basis of $2 nominal amount of Bonds tor every three existing shares held Ei-date Apr 15 Books close Apr 30 Acceptance Payment )un 15 ft*t(M*
      144 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Share prices fall as premier attacks opposition
      2220 21 Reuter INVESTORS sold after hearing Prime Minister Suchinda Kraprayoon on television yesterday attacking the opposition for instigating protests against him, but bargain buying before the close curbed losses. The SET index fell 6.90 points to 710.72 on a turnover of 5.05 billion baht.
      Reuter; Source: Bridge Info  -  2,220 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares up sharply on strong foreign interest
      1252 21 STOCK prices rose sharply in heavy trading in Jakarta yesterday, brokers said. The index gained 4.95 points (1.7 per cent) to close at 291.23, with 10.63 million shares traded compared with Wednesday's 8.73 million. One broker said the market's optimism reflected strong foreign
      Source: Bridge Info  -  1,252 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      12 21 I m Managers AAus/t W lanage BT shows you how every Monday.
      12 words
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      Page 21 Advertisements Column 2
      541 21 N OTIC E A TECHNIC PLASTICS i INDUSTRIAL FTI LTD (tn Miintiri' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company. which is being wound up voluntarily, are required on or before 8 June 1992 to send in their names and addresses, and particulars of their
      541 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei surges to close above 18,000
      2633 22 Reuter STOCKS yesterday posted their second consecutive day of strong gains and the 225share Nikkei Average closed above the 18,000-point level for the first time since April 6, up 532.22 points to 18,410.88. Bargain-hunting and in-dex-linked buying helped propel prices, brokers said. The broader
      Reuter  -  2,633 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares close higher on bargain-hunting
      2551 22 Reuter SHARE PRICES finished higher yesterday as bargainhunting outweighed profittaking in a day of two-way trade, brokers said. The Hang Seng Index finished up 48.38 points at 5,629.58. The broader All Ordinaries Index closed 29.98 points up at 3,035.75. Turnover totalled HK.53.7 billion against HKS3.B
      Reuter  -  2,551 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Big deal in MIM Hldgs high point of dull market
      2160 23 Reuter THE Australian share market drifted to a lower close in dull trade yesterday, although brokers noted some interest in situation stocks. They said trade centred on Foster's Brewing and MIM Holdings, with a larger parcel off-load-ed in the latter
      Reuter; Source: Bridge Info  -  2,160 words
  • REGIONAL STOCK MARKETS
    • Stocks foil in Seoul, rise sharply in Manila
      • Article
        SEOUL
        807 23 A SELL-OFF across the board in Seoul ignited by fears of debt repayment problems affecting smaller companies dragged stocks to a lower close yesterday, brokers said. Brokers said reports of possible debt default by small fabric maker Chung Hwa sparked fears that the credit crunch may have begun to
        807 words
      • Article
        MANILA
        480 23 SHARE prices in Manila climbed sharply yesterday, led by telecommunications giant Philippine Long Distance Telephone Co (PLDT), despite lingering worries over violence in next Monday's national elections, brokers said. The Manila Stock Exchange composite index rose 21.71 points (1.8 per cent) to end at 1,231.45 from Wednesday's close of
        480 words
      • Article
        TAIPEI
        483 23 STOCKS in Taipei wavered narrowly yesterday to finish mixed in the thinnest trade since last October as shortterm interest rates continued rising after the central bank on Wednesday tightened liquidity to fight inflation. The weighted index closed 0.96 point lower at 4,481.29. Turnover plunged to NTS 10.8 billion from
        483 words
      • Article
        NEW ZEALAND
        275 23 THE New Zealand share market opened strongly only to falter with a weaker Australian market, closing down slightly on the NZSE-40 Capital Index. Strong performances by leading stocks and some second liners in early trade were reversed later by profit-taking. Fletcher Challenge again suffered in thin afternoon trade,
        275 words
      • Article
        BOMBAY
        125 23 BOMBAY share prices on Wednesday fell broadly on nervous selling triggered by rumours that a securities scam involving a big bull player may take a turn for the worse. Brokers were worried that a central bank enquiry would focus on their source of funds and lead to tightening of
        125 words
      • Article
        INDICES & TURNOVER
        57 23 INDICES TURNOVER Owe May 7 PrrrioM NEW ZEALAND NZSE-40 Capital 1.470% 1.473.08 -2 12 MANILA Composite Index Turnover (million pesos) 1.231.45 289 1 1.209.74 240 02 2! 71 49 08 TAIPEI Weighted Price Index Turnover (NTS billion) 4.481.29 10.8 4.482.25 17.67 -0 96 -6.87 SEOUL Composite Slock Index Turnover (billion
        57 words
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  • WORLD STOCK MARKETS
    • Dow gains, London ends at all-time high
      • Article, Illustration
        NEW YORK
        1483 24 STOCKS on Wall Street posted modest gains in active but cautious trading on Wednesday as investors were heartened by the successful second leg of the Treasury's three-day quarterly refunding. The Dow Jones Industrial Average advanced 10.06 points to 3,369.41. Alan Ackerman, executive vice-pres-ident at Reich and Co, said
        1,483 words
      • Article
        PARIS
        159 24 FRENCH share prices finished a charged-up Wednesday session virtually unchanged after a batch of program trading sent stocks into a late afternoon tizzy. Wall Street's firm opening trend knocked over profit-takers and gave shares a mid-afternoon lift. The CAC--40 index, which spent the morning in the red, rebounded smartly
        159 words
      • Article
        MILAN
        202 24 ITALIAN shares ended seven consecutive sessions of losses on Wednesday to close slightly higher, but brokers attributed the rebound to a technical rally with light trading volume. At the end of floor trading the MIB climbed six points, to 977. The banking sector, insurer Generali, Olivetti, and Pesenti companies
        202 words
      • Article
        FRANKFURT
        175 24 THE Frankfurt stock market was firm on Wednesday, the DAX spot index gaining 10.86 points on the day to close at 1,743.50, while the Commerzbank index leapt 20.10 points to 1,984.90. Dealers said the rise was due to a strong Tokyo market, stabilisation of the bond market and hopes
        175 words
      • Article, Illustration
        LONDON
        796 24 SHARES soared on Wednesday on the London Stock Exchange which closed at a new record high, boosted by gains in the June futures contract and hopes for an early economic recovery. The FTSE-100 Index closed at 2,698.7, up 36.5 points from Tuesday's close, beating the previous all-time record of
        796 words
      • Article
        AMSTERDAM
        114 24 DUTCH shares firmed in a number of sectors on Wednesday, overcoming early disillusionment with first quarter results from electronics group Philips, and the index closed around its day's high after healthy turnover. The EOE stock index closed at 317.15 points, 2.19 higher. Philips posted a profit rise below market
        114 words
      • Article
        ZURICH
        301 24 SWISS shares ended an active Wednesday session at the day's high and at another new year-high as investors, heartened by recent good company results, continued to invest in the share market. After a temporary slowdown early in the afternoon session, buying gained momentum again after a firm Wall Street
        301 words
      • Article
        STOCKHOLM
        142 24 SWEDISH shares closed higher on Wednesday, supported by foreign gains and rises in Hennes Mauritz and NCB stock, dealers said. The all-share index was up 0.56 per cent to 985.57 while the top-16 index rose 0.8 per cent. Turnover was moderate at 290 million crowns. Fashion retailer Hennes Mauritz
        142 words
      • Article
        BRUSSELS
        261 24 BELGIAN shares were mixed in thin trading on Wednesday after technical problems delayed by half an hour the start of the last day of the current for- ward accounting period. Traders said fears of interest rate increases kept investors away. The Bel-20 index of leading shares fell 1.58 points
        261 words
      • Article
        TORONTO
        340 24 TORONTO stocks closed mixed after shuffling within a 10-point range during a trendless session, dealers said. "The excitement all got up and left a number of days ago," said Fred Ketchen, a senior vice-president with ScotiaMcLeod. Traders said players were hesitant to take any substantial positions in the market,
        340 words
      • Article
        INDICES & TURNOVER
        77 24 INDICES TURNOVER May 6 Close l^niow NEW YORK Dow Jones 3.369.41 3.359.35 f 10.06 1 SAP 500 416.79 416.84 -005 Turnover (million) 199.95 200.55 -0.6 LONDON Financial Times 30 2.107.2 2.083.3 f23.9 FrSF. 100 2,69*7 2.662 2 36.5 Turnover (million) unav 580.4 FRANKFURT DAX Index 1.743.50 1,732.64 +10.86 1 AMSTERDAM
        77 words
      • Article
        Untitled
        314 24 Other markets in Europe, South Africa and Canada Johannesburg j May 6 Rand INDUSTRIALS A Alpha 4500 350 AECI 975 unch AMIC 8125 unch Abercom 125 Amaprop 675 unch BAZ 1300 Barlows 5875 75 Basil Strk 10 Blyvoor 500 CG Smith ***** +500 Cnagalo 2600 25 Curfin 715 +15 Edgars
        314 words
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      Page 24 Advertisements Column 1
      23 24 The Johannesburg share market report was not available. Advertising Marketing in Business Times every Thursday i Enterprise Management in Business Times every Monday
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Dollar closes firmer against mark, softer against yen
      1163 25 REPORTS Reuter TOKYO: Short-covering saw the dollar drift up against the mark by the end of the Tokyo session yesterday, but the currency closed slightly softer against the yen. Despite underlying bearishness, traders bought back dollars on jitters over yesterday's Bundesbank council
      Reuter  -  1,163 words
    • Article
      Lock icon Analysts see no quick move to narrow ERM bands for British pound
      336 25 Reuter LONDON The British government is unlikely to lock sterling into the narrow 2.25 per cent ERM (European exchange rate mechanism) bands until much later this year, probably in the fourth quarter, say analysts. The disadvantages of an
      Reuter  -  336 words
    • Article
      FINANCIAL FUTURES
      1465 25 SIMEX EURODOLLAR Open High Ia>w Sett Est Vol Act/Vol Op/lnt 94(K Jun 92 95.99 96.00 95.98 95.99 7500 4708 ***** 45< Sep 92 95.69 95.69 95.68 95.68 8600 9254 ***** Dec 92 95.04 95.04 94.99 95.00 7500 3096 ***** Mar 93 94.81 94.81 94.78 94 80 3100 1089
      1,465 words
    • Article
      INTERBANK FOREX RATES
      379 25 Cross rates May? USS SS MS Dm Yen SFr AS NZS USS 1 6500 2.5190 1.6310 132.20 0.5571 1.5000 1.3245 1.8570 SS 0.6061 1.5267 0.9885 80.1212 0.3376 0.9091 0.8027 1.1255 MS 0.3970 0.66 0.6475 52.4811 0.2212 0.5955 0.5258 0.7372 Dm 0.6131 1.0116 1.5445 81.05 0.3416 0.9197 0.8121
      379 words
    • Article
      MONEY MARKET
      534 25 Interbank rates S$ m Offer Overnight 2 3/4 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: 2-13/16 US$ Bid Offer 7 days 3 3/4 3 7/8 1 month 3 3/4 3 7/8 2 months 3 13/16 3 15/16
      534 words
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  • COMMODITIES
    • Article
      RAS Commodity Exchange to start trading on May 27
      349 26  -  By Shoeb Kagda SINGAPORE The newlycreated RAS Commodity Exchange will start trading activities on May 27 with 80 members and three rubber contracts. The exchange, however, aims to add one new commodity to its trading portfolio each year starting from June
      349 words
    • Article
      Lock icon Pakistan struggling to meet cotton export commitments
      315 26 Reuter KARACHI Pakistan is desperately trying to honour its cotton export commitments as shipments lag far behind deadlines and cotton brokers say they fear private exporters may be forced to revoke export contracts. Floor brokers said they feared defaults as exporters had only
      Reuter  -  315 words
    • Article
      KL tin rises two sen on weaker ringgit
      785 26 REPORTS TIN price on the Kuala Lumpur Tin Market rose two sen to close at M$ 14.63 per kg yesterday on currency factor and overseas advice, dealers said. A firmer close on the London Metal Exchange over night which ended US$3O higher
      785 words
  • Article
    PRICES
    1426 26 Rubber MS (t»fc h Mh) S cents/kg K| Noon Close D lnl 1 RSS Prompt 143.00/144.OON U-V75/144 J5N y Int I RSS June 92 143.50/***** 144.25/144 75 lnl I RSS Julv 143 00/143.50 I43.5O/I44.0O V Int 2 RSS OP 143.00/144.00N *****/I44.00N J, Int 3 RSS OP 142 50/143 50N
    1,426 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      511 26 N OT J CES LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Uu Anioi of Blk 156 Bishan Street 13, #07-90, Singapore 2057, have applied for a Beer I louse Ist Class Licence in respect of premises at M/s Palace Hating House at 255 Jalan Besar, Singapore 0820 and
      511 words
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      Page 26 Advertisements Column 2
      6 26 Innovation Technology in BT every Tuesday
      6 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1283 27 cay FtgM nt FI*M I TO Mi WwM GAs».*0 2035 MaiaM QF8I I9f>r> 0»«Sq.'J; 2230 j HlUt? 1440 RII8J 2340 Matartaa M8J: 12» SQ24 0115 SQ323 I8li> KI&J8 2240 MM» jjgg 2300 MM li>!>0 SQ285 2115 S*}288 2030 N/36 2355 8AI2 2200 Mnk GF149 0555 MM"
    1,283 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Relics of a former empire
      740 27  -  LETTER FROM BERLIN By Ian Johnson AS HEROIC statues and class warfare rhetoric make way for the new in eastern Germany, a few stubborn memorials and museums persist in telling of the Soviet Union's 45-year reign. Strewn about the former East Berlin like dinosaur bones,
      740 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2405 1.2575 Canadian dollar 1.3635 1.3910 NZ dollar 0.8793 0.8970 Sterling pound 2.9495 2.9895 US dollar 1.6450 1.6530 I>ocal dollars to 100 units of foreign currency Austrian schilling 14.21
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      61 27 Duration Title Venue Organiser Tel May 26-31 International Istanbul. Afeks OrganiMS- (90)1/*****20 Construction Turkey yon Pazarlama Machinery Bldg Ve Ticaret AS Technology Exhibition May 31- Corporate Hongkong The University (852)*****11 Duration Title Venue Organiser Tel June 5 Financial of Michigan Fax: Management (852)*****46 June 1-7 International Buenos
      61 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      38 27 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from start to Finiriah
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    • Advertisement
      Page 27 Advertisements Column 2
      25 27 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749 2577
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    • Advertisement
      Page 27 Advertisements Column 3
      58 27 IS SBC GETTING BOLD? t .w. Wf .00 Zoe Tay was raped in the TV serial Pretty Faces. Li Nanxing was nearly raped by a man in Breaking Point. Next month Jin Jugong will play a transvestite in a new serial on dance hostesses. Has TV become more daring? WBi
      58 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      192 27 29 Project for which the out- lay required is five hun- (9) 26 Needing a leg-up is a nuidred (9) 8 Handing over the building sance (6) 30 A jerk without the right worker's application (9) work given a certain de- (4 Dismiss ministers as a sign vtcttdaivc cai iitiaii
      192 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      160 27 Singapore Outlook: Showers over many areas in the morning. Report: Maximum temperature 30.7 Assoc humidity 72% Minimum temperature 23.5 Assoc humidity 97% Hours of sunshine 0.55 Rainfall in mm 6.3 Rainfall this month 23.6 Rainy days this month 4 World report Asia-Pacific HL/Lo* Cond. Auckland 18/10 Cloudy Bangkok 38/28 Clear
      160 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      18 27 i caw g£sTcn r ve. E>wM**£ I've oe£f4 K€AP'MG> D"® (*>Y LAUReLS... P»HD DON 6. CltßfiyUG.. \*MOCI*TtO WCTlftffWUfcWW
      18 words
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  • Article, Illustration
    Lock icon German strike enters 11th day as talks break down
    418 28 Employers and unions adjourn talks again Reuter STUTTGART Germany's public workers' strike stormed into its 11th day yesterday, crippling Europe's economic powerhouse after public sector unions and employers said they were adjourning their talks again after top-level talks lasting just 20
    Reuter  -  418 words
  • Article
    S'pore-Frankfurt flights back to normal
    135 28 SINGAPORE Flights to Frankfurt from the republic resumed normal operations yesterday following the conclusion of a strike at the airport which brought the European gateway to a standstill for one day. Both Lufthansa and Singapore Airlines reported that their flights were back on schedule. Lufthansa's
    135 words
  • Article
    Lock icon US accuses China of avoiding payment of import duty on textiles
    485 28 Reuter NEW YORK Federal authorities on Wednesday announced the first indictment over an alleged scheme by China to avoid paying millions of dollars in import duties on textiles. Although the indictment involved only a relatively small amount of money
    Reuter  -  485 words
  • Article
    Lock icon Indon military won't oppose civilian president: general
    344 28 UPI AFP JAKARTA A highranking Indonesian military chief yesterday said his men would have no objection to the emergence of a civilian president after scheduled general elections are held next month. Maj-Gcn Syamsuddin. who leads the powerful military faction in Parliament, told a
    UPI; AFP  -  344 words
  • Article
    Taiwan welcomes foreign role in US$300b plan
    309 28  -  Investors can take part in construction projects From Walton Morais in TAIPEI TAIWAN has invited foreign investors to take part in its US$3OO billion (***** billion) six-year national development plan which aims to turn it into an international aviation hub and a banking
    309 words
  • Article, Illustration
    Pot of gold
    34 28 AYAUTA, Japan A throne for Everyman, this toilet bowl conies with a majestic price tag of 60 million yen (5575,000). Weighing 26 kg, it is on display at a toilet museum.
    34 words
  • Article
    ADB plans A$200-300m bond issue in Australia
    419 28  -  Move reflects bank's switch to new capital markets From Florence Chong in HONGKONG THE Asian Development Bank plans to raise As2oo- million (Ss24B-***** million) through a bond issue in Australia in the second half of this year. It will be only the third
    419 words
  • Article
    Lock icon Bank of China deputy chief calls for gradual change
    251 28 Reuter HONGKONG China should introduce economic reforms gradually, to avoid the social and political instability that has affected some other countries, China's central bank deputy governor said yesterday. "It takes time to transfer responsibility from the state to individuals. In the
    Reuter  -  251 words
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  • SHIPPING TIMES
    • Article, Illustration
      Asean levy to combat piracy, pollution criticised
      564 29  -  Blanket policy does not address problems: shipping lines By Rahita Elias SINGAPORE Shipping companies are critical of a levy which Asean wants to impose on ships plying the region to raise funds to combat piracy and pollution. Such a blanket policy does not
      564 words
    • Article
      Bangkok to introduce loading charges at its container yards
      393 29 BANGKOK The Port Authority of Thailand (PAT) will soon introduce loading charges for those using its container yard. Vice-Admiral Somnuk Debaval said the agency's board of directors had already approved the plan in principle and it will be effective soon. A
      393 words
    • Article
      Lock icon Cathay Pacific to buy 11 777s
      124 29 AP SEATTLE Cathay Pacific Airways Ltd signed a contract on Wednesday to buy 11 new Boeing 777 jetliners and take options on 11 more, Boeing Commercial Airplane Group said. In addition, Boeing said the Hongkong-based carrier on April 21 converted an option for another
      AP  -  124 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1160 29 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 18 4 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A cWarehousing 15 5 Arrow Int 9 2 Asian Break-Bulk 16 4
      1,160 words
    • Article, Illustration
      Local firm forms network with overseas partners
      347 29  -  By Tan Hua Joo SINGAPORE Homegrown marine turbocharger specialist Tru-Marine Pte Ltd has teamed up with 10 overseas partners to form Turbocharger Service International, a network of small companies in the turbocharging business. Led by Turbo Ned of Holland, the network will allow
      347 words
    • NEWS SUMMARY
      • Article
        Yet more reforms needed
        36 29 WITH the reform programme due to end soon, the Australian shipping industry is anxiously waiting to sec if the government will offer a new round of incentives for further reforms. Page 2
        36 words
      • Article
        EC moves to reduce wide gap in car prices
        38 29 THE European Commission has taken steps to reduce the wide differences in European car prices by insisting that Community car manufacturers do not abuse the dealership system Back Page
        38 words
      • Article
        Volvo, Renault plan merger report
        29 29 NATIONAL radio said on Wednesday that Volvo of Sweden and Renault of France are planning to merge their car and truck manufacturing Back Page
        29 words
      • Article
        Bill to privatise British Rail
        33 29 BRITAIN'S newly re-elected Conservative government will introduce a bill this autumn to privatise a substantial part of the nation's railway system, Transport Secretary John MacGrcgor said Back Page
        33 words
      • Article
        Britons afraid of using Channel tunnel: survey
        45 29 FOUR Britons out of 10 say they would be frightened of going through the Channel tunnel when it opens at the end of next year, according to a survey published yesterday by the consumers' magazine Which. Back Page
        45 words
    • LOG BOOK
      • Article
        Immigration checkpoint relocated to WTC
        78 30 SINGAPORE The immigration checkpoint at Finger Pier building will be relocated to the Singapore Cruise C entre at the World Trade Centre on May 20. The Advance Immigration Clearance Counter at the One Stop Document Centre, on the second storey of Tanjong Pagar Complex will
        78 words
      • Article
        USAir, pilots agree on salary cut
        107 30 ARLINGTON, Virginia USAir reached a tentative agreement on Wednesday with its pilots on a four-year contract that calls for salary cuts the first year, followed by a series of increases. USAir president Seth Schofield, saying ht was "gratified" by the agreement, noted it would
        107 words
      • Article
        Airport bus drivers in Paris strike
        84 30 PARIS Drivers of Air France buses taking passengers from Paris to the capital's two main airports, Orly and Roissy, are on indefinite strike, trade union sources said on Wednesday. The strike over wage rates began after talks on Tuesday between drivers, unions and management
        84 words
      • Article
        Ford focuses R&D on two sites
        75 30 LONDON Ford Motor Co said on Wednesday it would concentrate all its European research and development activities at Dunton in the south-eastern part of England and Merkenich in Germany. About 1,200 staff from three other British plants will switch to Dunton by the end
        75 words
      • Article
        VW to build car for East Europe
        87 30 BONN Volkswagen wants to build a car specifically designed for Eastern Europe, the company's deputy spokesman Daniel Goeudevert said in an interview released on Wednesday. "We at VW are currently developing a specific product for those countries, which does not exist yet in
        87 words
      • Article
        Earthquake hits Iran's oil region
        74 30 NICOSIA An earthquake jolted Ganaveh, a Gulf port from where crude oil is pumped to Iran s main export terminal at Kharg island, but caused no damage, the Iranian news agency IRNA said on Wednesday. It said the Geophysics Centre of Tehran University measured the
        74 words
    • Article, Illustration
      Lock icon Yet more reforms needed
      1047 30 With the port reform programme due to end soon, the Australian shipping industry is anxiously waiting to see if the government will offer more incentives for further reforms Lloyd's List Australia's shipping, waterfront and other maritime industries have made great progress in reforming their operations to
      Lloyd's List  -  1,047 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      621 30 Carbon Apr 30 Density Water Residue Ash Aluminium Sediment M/M Euon KG/M'3 V/V M/M M/M PPM method ISO/Cimac fimrts Spec E25 991 To 1?0 0T0 30* 010* Spec G35 991 1 0 18 0 0 15 30* 0 10* Northern Europe 180 Ave 984 0 2
      621 words
    • Article
      THE SHIPPING GUIDE
      15915 38 This is a list of ships loading k 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
      15,915 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        611 45 Vtssd taylto tato llnm* Depart V Mirivui Terminal 1 Batam Baru BUS M04 alongside 0 7 05/2300 Batam Mum. *****2 M04 alongs.de 08 05/0500 Brastagi 1 18/92 M02 alongside 08 05/2300 Crtra laya CJ08 M05 alongside 08 05/2300 MahfcotaExp 87/92 M04 along-** 07 05/1400 SahabatMuli *****6 M04
        611 words
      • Article
        IN MALAYSIAN PORTS
        213 45 KHWig rOTI Berth: 1: Gina; 2; Sunflower; 3: Cheng Yun; 4: Levantas; 5: Alice, Adris; 6: nil. Oi jetty: Perseverance. DCfcnri. Due on May 7: Bum Han. Nur Marina. Napank, Kris Lemona, level Ak. Due on May 8: Stolt Taurus. Bumeugah, Pacific, Gaz Pacific, Jernki, Bosna, Sulut
        213 words
      • Article
        CONTAINER SCHEDULE
        1607 45 DELIVERY MPART CONTAINERS IN PROGRESS i Sty Voy No Containers avaiaMe j Ship Voy No Containers abtale 0605 92 0540 Equator )ewe 76N COO(EST) 07 05 92 1500 Olympia 971 Deraiat 980 COO(EST) *****2 0700 tohanna 9227 *****2 0700 Kremenchuk 05GE92 COO(EST) 07 0592 1500 U« Modest BN-077
        1,607 words
    • Article
      TRANSPORT DIARY
      1211 46 May 8 (1 day): Implementing and Developing Strategic Logistic Systems, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tet 273-4172 or fax: 274-1132. May 15-16 (l'/i days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of
      1,211 words
    • Article
      DAILY FREIGHTS
      585 46 PANAMAX grain rates in the Atlantic rose further, but the Pacific market was easier, brokers said on Wednesday. The Baltic Freight Index was up three points at 1,232. A Panamax was reported to have been fixed at US$l2 from the US Gulf to Rotterdam, after the index had
      585 words
    • Article, Illustration
      Lock icon EC takes steps to reduce wide gap in car prices
      475 48 Dealers free to sell across the Community FT BRUSSELS The European Commission has taken steps to reduce the wide differences in European car prices by insisting that Community car manufacturers do not abuse the dealership system. Brussels is instructing car
      FT  -  475 words
    • Article
      Lock icon Volvo, Renault plan merger: report
      195 48 AP STOCKHOLM, Sweden National radio said on Wednesday that Volvo of Sweden and Renault of France are planning to merge their car and truck manufacturing. The report quoted no sources. It said the two companies would create a joint venture and name it RVA, Renault-Volvo
      AP  -  195 words
    • Article, Illustration
      Lock icon Bill to privatise British Rail
      163 48 Reuter LONDON Britain's newly re-elected Conservative government will introduce a bill this autumn to privatise a substantial part of the nation's railway system, Transport Secretary John MacGregor said. Plans to sell off British Rail were confirmed in Wednesday's speech by I Queen Elizabeth opening parliament
      Reuter  -  163 words
    • Article, Illustration
      Lock icon Britons afraid of using Channel tunnel: survey
      315 48 AFP LONDON Four Britons out of 10 say they would be frightened of going through the Channel tunnel when it opens at the end of next year, according to a survey published yesterday by the consumers' magazine Which. The results, based on polls
      AFP  -  315 words
    • Article, Illustration
      Lock icon Shipping takes the safety flight path
      768 48 The SAS Flight Academy is teaching the shipping industry how to deal with human factors when reacting to emergency situations LLoyd's List LONDON To some in shipping it may appear to be flying in the face of tradition to allow an airline to train
      LLoyd's List  -  768 words
    • Article
      Lock icon Bombay reserves train for women only
      284 48 AP BOMBAY A commuter train reserved for women a welcome relief from traditionally overpacked cars drew cheers and smiles on its inaugural run. Women smiled and clapped as the nine-car "ladies special" rolled out ol downtown Bombay's Churchgate station on Tuesday on a 34-km
      AP  -  284 words
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      Page 29 Advertisements Column 1
      28 29 Ums ami MrvkM rapnmtad kv/S&v MimMh tf Mm Registry tf kccnMm(imgXS\ SMmlm Hiwti. ShiMin Natteaal SMdn In >"fl iT«Mm JBJIk /•'or advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      28 words
    • Advertisement
      Page 29 Advertisements Column 2
      136 29 the FAMOUS imk/pmak ■8E0D*****4 1833 For more information please refer to Pg. 13 < v ;*< f 4" •< .*•<•* y- 4 PS ;IM sr a fit -it iip fci SwPp! < t i *v >. m pSpS ifi 4 y < y >1 < ••<-=.. v-. -><' *3 Id
      136 words
    • Advertisement
      Page 29 Advertisements Column 3
      29 29 Container Schedule 17 Daily Fraghts 18 Indei 1 Shipping Gude 10.11 Sl*ps m Port 17 Singapore Tdes 17 Transport Duiy 18 Veritas Report 2 Weather and Sea Conditions 17
      29 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      59 30 —-i The Etecutue Housekeeper -this Mel J O vvwv I I wants >s me. Bub I'll never neglect I -this House, 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
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      Page 31 Advertisements Column 1
      2548 31 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES Atfll#* *****11 *****09 \kwWMw BOOKINGS TEL *****34 *****58 VfIRVBVI TERMINAL/CFS TEL: *****18 220 PBAflflfln PESAKA JARDINE SHIPPING AGENCIES SON. BHD. I^Wl PORT KELANG TEL: *****18 FAX *****91 *****88 r. TT~o 1 PENANG TEL: *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service
      2,548 words
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      Page 31 Advertisements Column 2
      1634 31 I I Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT |EW /H UNITED ARAB SHIPPING (SAGj\ /M I VSI/VOY SIN NYC BAI ORf SAV I I SANTA lOH 12 11, 11/' 11/' 14/1 11/7 I ■ii mmin in n,s 21/1 ii/i
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      1539 31 ■nimma NEXT SAILING TO U.S.A. LAUST MAERSK V 9208 ETA SIN 11/5/92 MARIE MAERSK V 9206 ETA SIN 12/S/92 Vessel Voy ETA I ETO Feeder by 1 DESTINATIONS Work) Lyn* Aries This week Mar.e MaersK 9206 i2/s 0800 HRS Port CFS 11/5 2359 HRS Kelang Penang OAK LG g HOU
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      1307 32 RDAM/ MTTfri VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE THAMES 11/318 10/5 27/5 29/5 1/6 2/6 I. Hi OEBMMD LA SEINE 24/119 14/5 23/5 6/6 2/6 1/6 POftT KB.MBftKMIN HOECHST EXPRESS 03/319 17/5 3/6 5/6 8/6 9/6 CIMO TO UK/CONTMNT HAMBURG EXPRESS 08/120 21/5 30/5
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      591 32 SEASPAC SERVICE CONTAINERS O MEAMULK DIRECT SOOTH PACIFIC SERVICE SIN INOU SUV PPI JANIHA II 3601E8 25-27'S 7/6 10'6 16'6 PALEMBANG 370PE8 25-28/6 10/7 13/7 18/7 transit lime l|l3> (161 IMI ALSO ACCIPIMG CARGO VIA SUVA 10 IAUIOKA. PAGO PAGO. APIA. NUKUALOFA. P VILA FASTEST SERVICE TO CHILE/PERU SIN VAP
      591 words
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      Page 32 Advertisements Column 3
      1542 32 EH MIMU M.MWB REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/VOY SIN ALG BCI HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) N PRINCESS 9210-3 10/05 2S/05 30/05 01/06 02/06 03/06 04/06 05/06 07/06 NORASIA PEARL 9211 3 17/05 08/06 10/06 12/06 13/06 14/06 15/06
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      2043 33 p W STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fax: *****17 ACCIPIS W* SAILS SPORI B KOK CARGO MARION V 004N 09 10 MAY IM3 MAT STRAUS STAR VOH Mu«i. Skin h Pott 09 May KOTA BINIANG VKBI2IB 10 11 MAT 13-14
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      Page 33 Advertisements Column 2
      2466 33 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd V< X IXV-r VjUlllCtlllCl d 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 r V CR Number **********0Z EXPORT IMPORT MO Hwo UN ALG SOU ami HOT MAM
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      573 34 SBB I CR NBR **********0-D I EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY STOtt MMM/MMM HTtiG WHEN ANTWERP ETA/D KUTM/25M 18-23/5 2S/C 1/7 5/7 10/7 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERISED CARGO Biih|»rt to lnduc*m««it. Also accepting cargo lo Casablanca, P«rt Said. Perl Alexandria, Genoa. Trieste. ALSO ACCEPTING BOTH CONTAINERS.
      573 words
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      Page 34 Advertisements Column 2
      1602 34 HANJIN SHIPPING FOR VSL SM IMI HAUL LGB OAK IDA VSL SIR |l*E HAUL SAV IM RTC HANJIN KAOMSAJRG 0011 9S OWCT H S .1 6 HANAN KIMSAN 0741 II S HI "*<**** HANJIN BRtMIN 0031 1/ •> DMtCI I 10 b FISHGUARD BAY 18 S M PROPITIOUS 031t */6
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      Page 34 Advertisements Column 3
      1264 34 d" Irl "T3"ETTfc I mi SCP RSC HKG UC W Mil 0» NT 9U ITO I*l CKS BAI KYC IHV MW ROM W«G PSD CM PRE I I GROWH KtX II S US M S 1»/S ??/S X/S X/S X/S X/S 11/S *,5 12/ C M/ 4 X/I lift 1/1
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      2157 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) jgfj BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) jjPjr USA SERVICE *****00 TERMINAL OFFICE *****22 A FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 ttK UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 HMli| AUST/INDIA PAK SERVICE NEPLINE SDN BHD MALAYSIA
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      Page 35 Advertisements Column 2
      1088 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO-PtSCHMONC WESTBOUND—LOADING TRANSHfPED VIA ROTTERDAM*! vtsais *oi |siw
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      1398 36 K 44 W M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 T%l M a MALAYSIA -K" UNE MARITIME (MALAYSIA) SON BHD J, VL. JL-/ AJL TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
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      Page 36 Advertisements Column 2
      1176 36 PHIU-OM€NT LIN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22 *****69 *****00 Telex: R*****0FAX:*****76 *****38 CYj/2 by air, land or sea.... jrafr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/HEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 18 MAY SYDNEY. MELBOURNE. BRISBANE.
      1,176 words
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      Page 37 Advertisements Column 1
      2422 37 SSSsWff PACIFIC INTERNATIONAL LINES (PTE) LTD B flv 140 Cecil street #03-00 PIL Building. Singapore 0106. Tel: *****33 H CR NO: **********QE. H [JAKARTA 1 [BANGKOK ;> I VESSEL vov ciu my eiu VESSEL VOY SIN BKK SIN KOTA INOAH 191 WS «/5 m KOTA SURIA KSR2I7 10/5 13/5 17/5
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      Page 37 Advertisements Column 2
      722 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY FEEDER VESSEL PENANG P KfLANG OCEAN VSL'VOY SIN SOU >1) RTM (2) HAM (3) GOT (4) ANSON/TBN 8/5 9/5 TOY AM A 2182 12/5 29/5 3W5 1/6 3/6 ANSON' TBN 15/5 16/5 AROSIA 2192 19/5 5/6 7/6 8/6 IQ/6 ANSON/TBN 22/5 23/5 NIHON
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      Page 37 Advertisements Column 3
      294 37 M MYANMA «HBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN VIR2W PT HPAAN VI77N U/1R May 12/U PAGAN VIR3W 2S/2« May NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.49 SINGAPORE 20 May ETA Lagos 13 Jun Harcourt 16 Jun Calabar
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      2739 40 Liner Services Liner Services M*ysus Agents: Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putr* Indonesia maritime General Agents: Booking Agents: General Agents: Booking Agents: 58 Persaran Ra/a Muda Musa 29 A Lalan Kovii Hiltf jjit"/ I Yick Funa Shiooina Shipping Freight Booking Greatskip Agencies
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      Page 40 Advertisements Column 2
      346 40 SAMUDEM MOONESU (S) PTE LTD IS McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 Tatax: R*****0 Tafc *****81-3 Fax: 225 4«N. 227*136 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK TWADIKA 923 09/05 (SAT) 12/05 (TUE) LAWANTI 9«J 11/05 (MON) 13/05 (WED) ENNO B 900 In
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      669 41 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 HAIF A/ ASHOOD/ALEXANDRIA 10/5 HAMBURG/BREMEN 10/5 MARSEILLE/FRANCE 10/5 FELIXSTOWE/UK 10/5 BARCELONA/SPAIN 10/5 LEHAVRE/ANTWERP 10/5 GENOA/ITALY 10/5 GOTHENBURG/SCANDINAVIA 10/5 LOS ANGELES/WC/IPI 10/5 SYDNEY/MELBOURNE 10/5 NEW YORK/EC 10/5 FREMANTLE 15/5 VANCOUVER 10/5
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      833 41 B RICHFIELD MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Llnws) EFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) \\W\ ETHIOPIAN SHIPPING LINES y 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA IIOAOJSgTOR SPORE NETSANET P6WB OS 06 DAHfr SSAL AAM MOMBASA DJIBOUTI ASSAB MASSAWA ABfOI
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      886 41 BANGKOK 1 aw ki j wssti vov mum I 09 05 12/05 MAW BHUM u 107N Sun 10 05 Wed 13/05 I U/05 16 05 VWA BHUM 1t) 04M Mon 11, 05 Ihur M/ 05 M 16/05 19 05 01ANDIA 02N lue 12,05 fn 15/05 NANIA BHUM 89N Wed 13
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      1535 42 S'PORE IMPORT: *****11 i PENANG: (04) *****6 SIBU. (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 I P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 UK/SCAN/MED PORTS AFRICA 1 PfN PK PLN PK ,N Colombo B's 9/5 10/5 1 I Ldn/Flx/Rdm/Ant Durban/Pt Louis 15'5 16'5
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      Page 42 Advertisements Column 2
      288 42 IfZW BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI OKI I*l SIN N/ SIAR IblS 15/5 27/5 VIA NPI 2»/S 15/6 PRIMUR 18S ?9,5 10 6 WW NPI 12/8 »/6 MUIBIRA 27S 12/6 24/6 VIA NPI 26/6 13/7 FULLY
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      Page 42 Advertisements Column 3
      1171 42 THONG SOON LINES PTE. LTD. ——77 ROBINSON ROAD #15 00. #16 00 SIA BUILDING SINGAPORE 0106 TEL. *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL [vOY |ETA IDCST VESSEL VOY
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      830 43 ouippuig i lines, rnaay may a mi Ww COMPANIA PERUANA DE VAPORES "PERUVIAN STATF. LINE" ACCEPTMG BREAKBULK FCI/SOC CARGOES TO/FROM CALIAO, MATARAW. HO* t OTHER PERUVIAN PORTS* l WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING "EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE j ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM
      830 words
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      Page 43 Advertisements Column 2
      509 43 CZ3Z I N.AMERICA/CARRIBEAN SERVICES VLSSU lvoT [SIN kHANNWA IwT LAI KSI SAV NYC_ jfj im mm 2ibE im am m_ ill. Q±L. ML. jj~ m ALtHANDWA 711 19 5 IM SAVANNAH 37E It t 74 t 1/' ±j_ /M KAOHSAJNG H3I 31. i AM |Af AN 0— ILL. -Li- ISLL-
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      Page 43 Advertisements Column 3
      534 43 MULTI-MODE SHIPPIM6 PTE LTD Vj MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL IHIBAI I'AMMAN SHARIAM WIIA MUM A! BAHWAIN ABU imABI bANOAK ABBAS AOOAH FAR EAST ACCEPTING FCL/LCL PI NAM■ P Kll ANG lAKAKIA HANOI* IKINI. tM<. lAIVMN lAI AN MANIIA KORIA I UK/EUROPE f ACCEPTING FCL/LCL idnixin iuixstowi utos tilbury abikwin it
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      Page 43 Advertisements Column 4
      510 43 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSL FREITAL 20 MAY TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAM/AUSTRAUA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKING LUCKY TRANSPORT t FREIGHT CO (PTE)
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      442 43 SIN FM EAST 17/5 KEELUNG/KAOHSIUNG 17/5 BANGKOK 14/5 MANILA/CEBU 12/5 JAKARTA/BELAWAN/SURABAYA 17/5 PORT KELANG/PENANG/E. Malaysia 17/5 BUSAN 17/5 TOKYO/YOKO/KOBE/NGO/OSA 17/5 HONG KONG S|N CHINA 17/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUtOK/UK 16/5 LDN/FLX/LVP/SOU 16/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgana/Czech. SIN USA/CANADA 17/5 LOS
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      880 44 ciT FIL CONTAINER SERVICES PTE LTD I r/L MADRAS CALCUTTA Ivst SIN MADRAS VSL SIN/CALCUTTA SM MAO SM SIN CM SIN Mil ON 0* OS 1J 14 OS ?0?10S NtXI AVAIIABtt OS OS OS 11 IS OS 21 22, OS 10 11 OS It IS OS 24 2V OS o*o9,
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      Page 44 Advertisements Column 2
      452 44 BonteTm] I CONTERM FREIGHT (F.E.) PTE LTD. L GUARANTEED WEEKLY CONSOLIDATION E YOUR FIRST CHOICE TO:— COLOMBO 10th May AUCKLAND 15 May BANGKOK 10 May FREMANTLE 10 May EUROPE 10 May GOTHENBURG 10 May PENANG 10 May PORT KELANG 8 May JAKARTA 12 May MELBOURNE 10 May SYDNEY 10 May
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      Page 44 Advertisements Column 3
      499 44 H|9| Next Week's Sailings Rotterdam 16/05/92 11" _i w; i Bangkok 17/05/92 Antwerp JBIf i Manila 15/05/92 Los Angeles §HKf ISPT (Onforwardinii 17/05/92 SHlaffßgili A,'Mi T Mid West C olombo 18/05/92 E»» Coast of USA) Singapore Tel: *****22 flrjCL Fax: *****38 Johore Tel: 07-*****8 MUd 07-*****3 Alfred Ng 7BAAtST-/A//C INCHCAPE
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      Page 44 Advertisements Column 4
      452 44 Uillil FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 62N8 9/5 VIGOUR SINGAPORE 26N8 16/5 BANGKOK 10/5 17/5 BUSAN 11/5 18/5 I HONGKONG 10/5 17/5 USA. 11/5 18/5 PT LOUIS/DURBAN 18/5 4/6 KEELUNG 11/5 18/5 PT KELANG 8/5 12/5 OSAKA 12/5 19/5 PIRAEUS 17/5 24/5 KOBE 10/5 17/5 lAKARTA 8/5 12/5 DUBAI
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      10 45 Managers must manage. i BT shows you how every Monday.
      10 words
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      248 45 Oc Oc vQc Oc O c OcvQc U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION U VOTAINER CONSOLIDATION SERVICES: i 9 THE ONLY CONSOUDATORWCTH WORLDWIDE NETWORK f J Weekly FCIACL Services \V USA EUROPE FAR EAST > Batimore Votainer Consolttatton Services Hamburg: Van Ommeren HamPurg GmbH. $-pore: Van Ommarw
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      395 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 MOO 0900 ***************0 14M 15M1600 17M1800 1900 2000 2100 2200 2300 IP 24 29 32 31 28 2 3 16 1.1 0 7 05 05 06 10 14 19 21 22 2.1 18
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      210 46 P#tILTI2I^EraOGiJT^2VICES U» I IJScM- cmwd* BANGKOK -maum jjjßfflUS -Hutu* EURPP€ -ft*—* Hw*n, fcwtiifc* s. AFRICA -Of. h*» fiTlfWfttt KNIHL «nA ,<( I ULTIMATE FREIGHT SERVICES PTE LTD i flm I jJIIII" IS, MO€ CHIANG RD.. #OS-©3 I fi||3 l lflll! SWAE 0208 TEL: *****" J "rjl" jjq FAX: 224««W/*****<a C*
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      Page 46 Advertisements Column 2
      370 46 ukc coNveimoH/u. service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 20/05 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: KAIHENG 15/05 20/05 Huanflpu/Guanflzhou CQBCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned services to
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      Page 46 Advertisements Column 3
      362 46 Don't miss Personal Finance Investment in Business Times every Saturday ismg!»9iiBgai'»a» VWT* \ll BEUING• CHANGCHUN• CHANGSHA il| I 1 \Z 111/ VI Y l I I CHENGOU CHONGQING FUZHOU ■|m I V II ml Vfl II \guiun harbin kumming xian |I ml > Mmm >| M nanning*quanzhou«shekou Iml A I
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      Page 46 Advertisements Column 4
      17 46 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT
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      1152 47 A HYUNDAI MERCHANT MARINE CO. LTD VIA FEEDER PACIFIC SOUTH-WEST SERVICE PNA* P€D* SW TO USA VOY KAO IBH OAK PAL/HOU CHI S4.U NYC 28 04 22/04 24/04 01/05 H. INNOVATOR 4* 08/05 25/05 28/05 28/05 29/05 23/05 31/05 05/05 29/04 01/05 08/05 a EXPICRER 4«E 15/05 01/06 04/06 04/06
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      Page 47 Advertisements Column 2
      488 47 P SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I VESSEL vol SP n ARC KK I DALIA Hit J W <1/* I tiansaito n u/swah/s I S»l CEDAI 32 11/s I SOMA I IJ 11/S M/» I SEA LAM Si U/S I TANNIC EMS If M/S I CAIMPtOR TIADEI
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      Page 47 Advertisements Column 3
      770 47 aiM JEDDAH/UK/CONTINENT I STORE KD S lON HBURG RDAM UH Acctptnf Carjo F<* I HAWS v 11/314 14/5 27/5 29/5 1/4 2/4 Southampton to ji UK dntnatui. Btltajt md OubAr IA SEME V.24/111 14/5 23/5 4/4 2/4 1/4 Roltntfan to aR Antewrp Amsterdam Oda HetuMu HOE CHS 1 EXPRESS V
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      Page 47 Advertisements Column 4
      124 47 BINTAN6 MAS SHIPPING PTE. LTD. 39 NEIL ROM) SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 KCtTTS K*TS OF SfOM CARGO KSnMTOB WINK S£M* VI IE 11-12 Mat #»10 Mar fcrtifc. Mi M«»»t mc»< nm. vo* imj "ay o» 11"ay w J BWTMK HIMT VUC IS H Hay U
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      Page 48 Advertisements Column 1
      106 48 Every Saturday in Business times 14W\ j t cou id be a controversial deal between two stock i v\ market stars, a thought-provoking report by j J/ university researchers on the latest trans-European I merger. FOCUS zooms in on the news and issues of the day and looks at them
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      Page 48 Advertisements Column 2
      6 48 Every Saturday in Business Times I
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