The Business Times, 11 May 1992
1992-05-11
1
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The Business Times
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Title Section16 1992-05-11 1 BUSINESS TIMES MITA (P) 35/12/91 Monday, May 11, 1992 the business paper eor st: ash 75*16 words
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NEWS SUMMARY
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69 1992-05-11 1 TAIPEI China should sign a non-aggression treaty with Taiwan so that people on both sides of the Taiwan Strait could live free from the fear of invasion, a presidential spokesman said yesterday. "We can consider a treaty like the one between East69 words
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44 1992-05-11 1 LONDON British Prime Minister John Major appointed a former government minister as chairman of the Conservative Party yesterday. Sir Norman Fowler, a former Employment Minister, said he would "undertake a fundamental review of the party's organisation and structure44 words
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Article42 1992-05-11 1 ENCOURAGED by the likely lifting of the United States economic embargo against Vietnam, American and Vietnamese firms have stepped up contacts with a view to resuming business ties that were broken off during the Vietnam War in 1964 Page 242 words
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Article45 1992-05-11 1 ECONOMIC reforms in China have sparked a booming economic growth triangle between Hongkong, Taiwan and China's southern coastal provinces. And the private sector, which has led this boom, should be allowed to continue as the engine of growth, business leaders say Page 245 words
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Article31 1992-05-11 1 SEVERAL unfavourable factors, especially political instability since the Feb 23 coup last year, have caused a sharp drop in local and foreign investment in Thailand. Page 731 words
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Article43 1992-05-11 1 THE US Labour Department reported over the weekend that the US economy added a surprisingly large number of jobs last month, but few were prime manufacturing positions that might add more strength to the slow-growth recovery. Page 943 words
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Article24 1992-05-11 1 SURVIVING leukemia has given Spanish tenor Jose Carreras a near-heroic status in the eyes of music lovers everywhere Page 1524 words
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Article34 1992-05-11 1 THE rising incidents of piracy in South-east Asian waters is spoiling the region's image in international shipping circles, says the head of the Singapore National Shipping Association. Shipping Times Page 134 words
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MARKETS SUMMARY
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Article34 1992-05-11 1 NEPTUNE Orient Line (NOL), which saw profit on most of its operations fall sharply last year, has been aggressively placing orders tor new vessels and diversifying into non-marine areas. Page 334 words
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Article32 1992-05-11 1 SINGATRONICS Ltd. which saw its results last year dragged down by the dismal performance of subsidiaries and associate companies, intends to divest some of its non-per-forming investments. Page 332 words
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Article39 1992-05-11 1 FOUR Hongkong companies are taking advantage of buoyant stock market conditions in the colony to tap a total of more than HK.SI.S billion, hard on the heels of Hopewell Holdings' HK$2 billion cash call Pa&439 words
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Article32 1992-05-11 1 CONGLOMERATE Hanson pic has sold its 2.8 per cent stake in Britain's largest manufacturing company, Imperial Chemical Industries pic (ICI), to US investment house Goldman Sachs P»ge 532 words
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Article25 1992-05-11 1 MALAYSIAN Airline System (MAS) will be borrowing US$lOO million from the offshore capital markets to finance its working capital requirements Page 625 words
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Article, Illustration28 1992-05-11 1 Friday Change BT-MGA 709.08 0.45 Kuala Lnmpur ....605.71 +2.15 Tokyo 18,375.95 -34.93 Hongkong 5.608.19 -21.39 Sydney 1,663.6 -2.3 New York 3,369.41 +6 04 London 2,725.72 +23.828 words
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Article23 1992-05-11 1 Exchange rates i icc SS 1.6490 l(»Ycn'"I SS 1.2436 M$ SS 0.6540 Money market rates Overnight 3% J/4 3-month 3 3/16% -1/1623 words
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Article30 1992-05-11 1 S'pore June.. 143.00Vkg -125 M'sia June 2l9.00*/kg -0.50 KL Tin Turnover 34 tonnes +4 Spot MS 14.64/kg +0.01 Crude palm oil Turnover 1,340 lots +389 May MS870 /tonne -130 words
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Article, Illustration464 1992-05-11 1 Harish Mehta - Philippine election Spectre looms of divisive politics hobbling economy By Harish Mehta SINGAPORE Filipinos vote today to elect a new president, a vice-president, a new Congress and about 17,000 regional and local leaders in their biggest-ever poll. But there were electioneve worries among464 words
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168 1992-05-11 1 Magdalene Ng - From Magdalene Ng in KUALA LUMPUR THE second link between Johor and Singapore will definitely go ahead, Malaysia's Prime Minister Mahathir Mohamad said over the weekend in Kuala Lumpur. Speaking to a group of foreign journalists visiting the country, Dr Mahathir said Malaysia168 words
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Article, Illustration350 1992-05-11 1 Genevieve Cua - By Genevieve Cua SINGAPORE Most Singaporeans look to Europe or the US for skin care products, but Europeans will soon be dabbing on skin creams made by a Singapore firm. Homegrown skin care products manufacturer Pierre Chenxu Natural Cosmetics Pte Ltd is350 words
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386 1992-05-11 1 Patrick Daniel - By Patrick Daniel SINGAPORE Japan's new plan to invest more to improve its domestic infrastructure will not be at the expense of overseas investments by Japanese companies. Instead, it will mean a cutback in expansions to plant capacity at home,386 words
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Article, Illustration522 1992-05-11 1 Alvin Tay - By Alvin Tay SINGAPORE Contrary to widespread expectations of a downturn in the Singapore property market this year, government figures released yesterday show prices of local private residential properties actually rising 4.8 per cent in the first quarter. The Urban Redevelopment522 words
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Page 1 Advertisements
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Advertisement120 1992-05-11 1 CREATING THE WORLDS MOST LUXURIOUS CLOTHS LANGHOLM SCOTLAND DG 1 3 OBN TEL: ***** 803 1 1 FAX: ***** ***** fcrcraft Schedule 25 Market Rewws.-~ 21 World News 83 The Arts 15 Money Changer Rates 25 Commodities 24 Money Market 23 Company News *5 Regnal News -.7 Cryptic Crossword 25120 words
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Advertisement42 1992-05-11 1 SINGAPORE'S I LIM KHOON HONG is I the first local managing Um|r I director of German MNC V I Siemens Nixdorf r Information Systems. Six i months into the job, he i shares his thoughts about A W-*- his ambitions for the42 words
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Advertisement77 1992-05-11 1 HUM Hussincss S\sit-ins isi I'u I td brother We're at your side. I warn* mSS^Mi mSSm Private property price index up 4.6 pc, Pg 2 Naturally enthusiastic. Aboard Japan A.rkoes. you quKkly sense a genu.ne who encounter enthusiasm on the part of the in-flight crew. It'seasy tosee aST they enjoy77 words
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PAGE 2 NEWS
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564 1992-05-11 2 Harish Mehta - Hush-hush talks over, contacts stepped up Reports by Harish Mehta SINGAPORE The days of hush-hush talks between American and Vietnamese companies appear to be over. Encouraged by the likely lifting of the United States economic embargo against Vietnam, American and564 words
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281 1992-05-11 2 SINGAPORE Asian diplomats in Hanoi say that recent steps by the United States to normalise ties with Vietnam amount to a total lifting of the embargo in the agricultural sector. In a telephone interview, one diplomat said: "The US281 words
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256 1992-05-11 2 SINGAPORE Higher prices of residential properties pushed the overall private property price index up by 4.6 per cent to 118.6 in the first quarter of this year, from 113.4 in the previous quarter. Residential propertyprices rose 4.8 per cent in256 words
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415 1992-05-11 2 Walton Morais - Reports by Walton Morais in TAIPEI ECONOMIC REFORMS in China have sparked a booming economic growth triangle between Hongkong, Taiwan and China's southern eoastal provinces. And the private sector, which has led this boom, should be allowed to continue as the engine415 words
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Article, Illustration221 1992-05-11 2 TAIPEI China's economic reforms have reached a point of no return, and even without reformist patriarch Deng Xiaopeng, the process cannot be reversed, analysts say. Political scientists and business leaders who took part in the three-day Asian Regional Economy Conference which ended here221 words
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Page 2 Advertisements
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Advertisement182 1992-05-11 2 YSSSptcMSM Are your profits slipping through the cracks? w* Thanks to a Hitachi Metals tech- Our New Technical Approach Actual r—ulte wing YS» ate sis nique called Isotropy, dies made of m 4 en#*-#— n r.ri.inn aluminium dimour YSS special steels can last BSOTiOPY to many times longer than with182 words
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Advertisement294 1992-05-11 2 E Make that vital connectioa with the premier industry event in ail Asia in* /tn Asian Intarnational Etoetronio 8* Communication Show S Conf»ranc« WditlTlid^illli^hiFP®* Few industries chattenge tradition, time and space with mora speed and ingenuity then telecommunications. And few pieces in the world are moving J, faster than the294 words
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COMPANY NEWS 1
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Article523 1992-05-11 3 Lee Han Shih - Shipping line also pumping more funds into property By Lee Han Shih SINGAPORE Neptune Orient Lines (NOL), which saw profits on most of its operations fall sharply last year, is betting heavily on the future. In the last 17 months, the listed shipping company has been523 words
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381 1992-05-11 3 William Chia - By William Chia SINGAPORE Singatronics Ltd, which saw its results last year dragged down by the dismal performance of subsidiaries and associate companies, intends to divest some of its non-performing investments. Chairman Eddie Foo Chik Kin, in the company's 1991 annual report, said: "The381 words
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227 1992-05-11 3 SINGAPORE Diversified United Engineers Ltd's (UEL) information technology business blamed for the group's poor performance last year registered a $2.2 million loss in 1991, widening from a $356,000 loss previously. But group chairman Tang I-Fang said in the 1991 annual report released last week227 words
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129 1992-05-11 3 MBT KUALA LUMPUR Mulpha International, which has made an entry into property development, is looking to acquire more businesses in property-related areas. Contributions from property development to the group's turnover were expected to increase progressively and would soon exceed those of trading. MulphaMBT - 129 words
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876 1992-05-11 3 Mano Sabnani - Trading in foreign stocks needs to be given a boost HOCK By Mano Sabnani SINGAPORE You may not have noticed, but the only non-Malaysian foreign shares traded recently on Clob International, our vehicle for the internationalisation of the local stock exchange, were CDL Hotels (City876 words
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COMPANY BRIEFS
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79 1992-05-11 4 MILAN Italian tvre and tables group Pirelli SpA lost 729 billion lire (SS97O million) in 1991. slightly more than initialIv forecast, although its performance improved over the first quarter of this year. Pirelli said earlier this year that it expected to have lost 690 billion lire79 words
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Article72 1992-05-11 4 HONGKONG Shanghai Chloride-Alkaline Main Factory plans to issue 8(X) million yuan in stocks shortly, making it the largest stock issue yet in C hina. the semi-official (hina News Service reported yesterday. Ot the total. 240 million yuan will be in "B" shares aimed at foreign72 words
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Article47 1992-05-11 4 LONDON British Petroleum's long-term debt, rated AA. has been placed on a credit watch "with negative implications", Standard and Poor's financial rating agency said last Friday. BP announced its first ever loss last 1 hursday lor the first quarter of this year.47 words
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Article43 1992-05-11 4 KUALA LUMPUR Japan's Daihatsu Motor Co Ltd. which will help launch Malaysia's second national car project, will try to use as much local content as possible to minimise costs, a Daihatsu official was quoted as saying last Friday.43 words
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306 1992-05-11 4 South China Morning Post HONGKONG CP Pokphand's major shareholders have raised HKS4BO million (SSIO2 million) for private investment projects by placing 200 million shares, or 10.5 per cent, of the company at HKS2.4O each. The company also announced plans to list its twoSouth China Morning Post - 306 words
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519 1992-05-11 4 Calls led by Guoco Group's HKss6om share placement South China Morning HONGKONG Four companies are taking advantage of buoyant stock market conditions to tap a total of more than HKSI.S billion (SS3IO million), hard on the heels of Hopewell Holdings' HKS2 billionSouth China Morning - 519 words
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287 1992-05-11 4 Reuter BEIJING Shanghai will abolish controls on pricc movements on all shares listed on its exchange within two months, the China Daily has quoted exchange sources as saying. It gave no further details of the move, which analysts say wouldReuter - 287 words
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Article, Illustration365 1992-05-11 4 AT&T winning kudos from Wall St NTT profits and share price languishing Nikkei Weekly TOKYO A little more than eight years after its break-up, American Telephone Telegraph Co is winning kudos from Wall Street analysts as the pricc of its stock soars. This year,Nikkei Weekly - 365 words
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Article, Illustration547 1992-05-11 5 Sale fuels speculation over where group will aim its guns next Reuter LONDON British conglomerate Hanson pic has sold its 2.8 per cent stake in Britain's largest manufacturing company, Imperial Chemical Industries pic (ICI), to US investment house Goldman Sachs. LastReuter - 547 words
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403 1992-05-11 5 Reuter STOCKHOLM Swedish telecommunications giant Ericsson, once a star performer on the Stockholm bourse, dipped into the red in the first quarter due to recession in key markets and soaring development costs. Telefonaktiebolaget L M Ericsson, the world's third largest supplier of public telephone networks,Reuter - 403 words
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396 1992-05-11 5 Reuter LONDON Canadian property firm Olympia and York Developments won a £21 million (Ss63 million) cash injection for its huge Canary Wharf project in London last Friday as it met banks for a second day of crisis talks. O&Y, the world's largestReuter - 396 words
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Page 3 Advertisements
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Advertisement29 1992-05-11 3 Business class like you never dreamed. J/tx Euro Sleeper: JHB| for you can relax our class sleeper seat. Euro Class. Scandinavian Airlines. The expressway to Europe. X4T SCANDINAVIAN AIRLINES29 words
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Page 4 Advertisements
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Advertisement360 1992-05-11 4 550 Companies Waiting In Line To Share Their Success With You! For 4 Days Only! J^juVH iT' bh Incorporating coneouip 'ga 13-16 MAY 1992 WORLD TRADE CENTRE, HALLS 1, 2, 3 OUTDOOR AREA, SINGAPORE DI 111 PVTM/^ 1 550andcount n 9 AtSIBEX Fly To Seville Expo '92 or Q U360 words
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Advertisement47 1992-05-11 4 Call 24 hours a day to find out all about the SPH AudioTex Service an interactive voice messaging service that provides you information and a "Sound" medium for your advertising needs. r" ——Classifone j Bizfone Or log on to Teleview page ******2000#. Singapore Press Holdings AUDIOTEX SERVICE47 words
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Page 5 Advertisements
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Advertisement307 1992-05-11 5 Rapid growth, fierce competition, shrinking markets, overnight product obsolescence. These are some of the changes that can become opportunities. Giving employees the vision and "plus" skills they need to capitalise on such opportunities is not easy. Increasing numbers of business owners and their employees are now using Dale Carnegie Training*307 words
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Advertisement569 1992-05-11 5 BUSINES S T I M E S Toll-free Tel Ho; 737-0043 Fax No; 734 3608 I n\ Consulting 1 I Lrl Group I I SENIOR CONSULTING OPPORTUNITIES: I PA SINGAPORE I PA Consulting Group is continuing to expand its general management consulting business in Asia I using Singapore as its569 words
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FINANCIAL NEWS
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SMALL CHANGE
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94 1992-05-11 6 BEIJING Although bank savings in China are soaring, the government is less worried about their possible impact on inflation, according to the C hinci Daily. Individual savings currently exceeded one trillion yuan (***** billion), but several national surveys had shown Chinese people wtre94 words
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Article84 1992-05-11 6 TAIPEI Four government-run banks here plan to invest NTS 3 billion to jointly buy a Hongkong bank with full operating licence, bank officials said here yesterday. The four Changhwa Commercial Bank, Bank of Taiwan, Hua Nan Commercial and the First Commercial have reached84 words
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Article52 1992-05-11 6 HONGKONG Yamaguchi Bank Ltd, Japan's 37th largest bank, has become the first foreign bank this year to obtain a licence to operate in the British colony. The bank, ranked 182 nd in the world in terms of capital, has had a representative office in Hongkong for52 words
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Article86 1992-05-11 6 SYDNEY One of Australia's leading banks. National Australia Bank Ltd, said yesterday that it will make Asl billion (S$ 1.24 billion) available to small and medium-sized business at low interest rates to stimulate growth. The bank, which cut its prime rate by one percentage86 words
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Article91 1992-05-11 6 NEW YORK Credit Lyonnais has started previously-an-nounced tender offers for up to 5,800,000 common shares of Pathe Communications Corp and for all of three Pathe debt issues, as well as consent solicitations related to the debt tenders. In newspaper advertisements last Friday, it said the offers91 words
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424 1992-05-11 6 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE Malaysian Airline System (MAS) will be borrowing US$lOO million (S$ 164.9 million) from the offshore capital markets to finance its working capital requirements. When contacted, OverseaChinese Banking Corporation confirmed that it was given the mandate a week ago to424 words
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372 1992-05-11 6 BANGKOK Thailand is undergoing another round of foreign exchange liberalisation backdated to May 1 to make the system more flexible, The Bangkok Post has reported a central bank spokesman as saying. The first and second rounds of liberalisation in May 1990 and April last year372 words
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463 1992-05-11 6 Reuter TAIPEI Taiwan's central bank raised its key interest rate by 0.25 percentage point at the weekend to fight inflation, which surged to an 18month high last month. It raised the rediscount rate, which it charges on loans to commercial banks, to 6.125Reuter - 463 words
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233 1992-05-11 6 TAIPEI The Malaysian Ministry of International Trade and Industry is monitoring the current appreciation of the ringgit in view of its impact on exporters' profit margins, its minister said last week. However, Rafidah Aziz feels the ringgit's present level is not unduly high. "Bank233 words
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661 1992-05-11 6 MARKET JAKARTA Recently there has been a lot of talk and cajoling to force lending rates down to stimulate the economy. Banks are resisting the call to action. Is it really possible to lower bank lending rates at this time or661 words
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Page 6 Advertisements
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Advertisement404 1992-05-11 6 rN.% rr iWI rgSi M M JNL iji mm* 7 A simply heavenly Diyf Iy Buffet parade All-time COfFEE HOUSE avoUr teS Roast on appetizing cuts. Local and Oriental specialities. 1 And to sweet our ifliXilftllMMlffßHL delicious desserts and fresh fruits. 'All this and more for only: l LUNCH: ■^MjS^jnKX404 words
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Advertisement208 1992-05-11 6 /HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has lo be highly competitive/Thai means having the nghi image, up to date ofTice equipment and full time experienced staff: yet keeping low overheads Here at World Wide Business Centre Pie Ltd. »c208 words
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THE REGION
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507 1992-05-11 7 80l draws up policy to counter situation BANGKOK Several unfavourable factors, especially political instability since the Feb 23 coup last year, have caused a sharp drop in local and foreign investment in Thailand, says a report in the Bangkok Post. This had led the507 words
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Article, Illustration682 1992-05-11 7 Reuter JAKARTA Indonesia's political parties yesterday I launched their campaign to I capture the hearts of nearly I 100 million voters in an election described variously as a festival for democracy and a waste of time. The campaign will be fought out betweenReuter - 682 words
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454 1992-05-11 7 BANGKOK Thai trade officials have proposed to their American counterparts that five cases of alleged copyright infringement awaiting prosecution in court be used as models for dealing with audio and video piracy. According to a report in Bangkok Post, the offer was454 words
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364 1992-05-11 7 AFP DHAKA Differences between the United Nations High Commission for Refugees (UNHCR) and Bangladesh over the safety of about 250,000 Myanmar Muslim refugees on their return home this week could delay the start of the repatriation process. sources here said yesterday.AFP - 364 words
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Page 7 Advertisements
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Advertisement156 1992-05-11 7 j Last Year, Korean Air Cargo Was Delivered On Schedule I 99% Of The Time. We Apologise. We may have worked through the night 365 days a year, added to our flight schedules (now up to 100 pure cargo flights weekly), speeded up processing with a worldwide computer network and156 words
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THE WORLD 1
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473 1992-05-11 8 Reuter WASHINGTON The recent indictments charging Chinese businessmen with avoiding import duties are only a small part of a broader effort to end widespread Chinese trade violations, US and industry officials said. Other violations include attaching false country-of-origin labels to goodsReuter - 473 words
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Article, Illustration263 1992-05-11 8 Reuter BEIJING China and Mongolia signed agreements on economic cooperation on Saturday to cap a five-day visit of the first Mongolian premier here in 30 years. Mongolian Prime Minister Dashiyn Byambasuren and Li Peng attended the signing, the official New China Nens Agency said, butReuter - 263 words
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309 1992-05-11 8 Reuter BRASILIA Brazil's economic officials are confident the government's austerity programme has been "successful" and that it is running on track despite being unable to meet the first-quarter austerity targets agreed upon with the International Monetary Fund. "The (government) programme is moving alongReuter - 309 words
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418 1992-05-11 8 Reuter MEXICO CITY Mexico's ambitious target of single digit inflation this year looks increasingly elusive, but the country's downward price trend remains encouraging, say analysts. April consumer prices rose 0.9 per cent, bringing inflation for the first third of 1992 to 5 perReuter - 418 words
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544 1992-05-11 9 IHT NEW YORK The US Labour Department reported over the weekend that the US economy added a surprisingly large number of jobs last month, but few were prime manufacturing positions that might add more strength to the slow-growth recovery. Nonetheless, the additionIHT - 544 words
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408 1992-05-11 9 Reuter MUENSTER, Germany A 14-nation East-West conference agreed on Saturday that an alliance of business and government was needed to help the economies of Eastern Europe and drew up a 10-point list of policy guidelines. "If this alliance holds and worksReuter - 408 words
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419 1992-05-11 9 Reuter LOS ANGELES In the riot-scarred neighbourhoods of Los Angeles, nervous buyers are abandoning or delaying property purchases, dealing a blow to a real estate market that is just beginning to emerge from recession. Buyers mostly blame their change in plans on fear broughtReuter - 419 words
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WORLD WATCH
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98 1992-05-11 9 MOSCOW Russia's Glavkosmos space company has accused the US administration of trying to block a US$25O million (Ss4l2 million) rocket sale to India to pave the way for a US firm to pick up the deal. "The United States is waging a98 words
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Article78 1992-05-11 9 SEOUL Russia has informed South Korea that the Commonwealth of Independent States (CIS) cannot guarantee repayment of loans worth US$l.45 billion (552.4 billion), it was reported yesterday. Seoul has already extended the loans as part of a US$3 billion package it pledged last year, the Chosun78 words
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Article61 1992-05-11 9 BRUSSELS The North Atlantic Treaty Organisation (Nato) has its eye on a role that until now has been the preserve of the United Nations and could soon become Europe's peace-keeper. At a meeting in Oslo next month, Nato foreign ministers may agree to offer the alliance's61 words
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Article58 1992-05-11 9 WASHINGTON The World Bank's main goal this decade will be to fight poverty, and the loans it grants will depend on debtor nations' commitment to the same end, an internal bank document says. "Poverty reduction is the overarching objective of the World Bank," president Lewis58 words
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Article32 1992-05-11 9 HONGKONG China's trade in April jumped 18.7 per cent on the year to U5512.45 billion (5520.5 billion) according to official statistics, the Beijing-funded China News Service reported.32 words
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292 1992-05-11 9 Reuter OPORTO, Portugal European Community finance ministers on Saturday ruled out a quick fix for EC economies growing too slowly to create jobs. Portugal's Finance Minister Jorge Braga de Macedo, hosting the informal EC talks, said no single measure such as a cutReuter - 292 words
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289 1992-05-11 9 Reuter LONDON Prices of goods at Britain's factory gates jumped around 0.8 per cent in April, mainly on budget rises in excise duty, figures to be released tomorrow are expected to show. But the year-on-year rate will fall due toReuter - 289 words
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Page 8 Advertisements
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Advertisement47 1992-05-11 8 I The Harbour Pavilion Evening IVrtormances (5.00 p.m.) II $80, shp, $43, 533 y i I I whole fa mi l v can enjov. fiT I l Festival Market Telok Aver Forum The I Scotts Shopping Centre Specialists' Shopping Centre Singapore Indoor Stadium H I l O^BC47 words
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Advertisement91 1992-05-11 8 Amazon's mineral wealth may never be exploited, Pg 24 touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district.91 words
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Page 9 Advertisements
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Advertisement39 1992-05-11 9 BUSINES S T I M E S Toll free Tel No 737 0Q43 Fax No: 734 3698 iSlrl d n«v««P ap ,Ssoo° s mar** 15 r.»3i s srS s A P tm I perfo""»"f nuVf®°* e Jnd >" cW< iHI39 words
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Advertisement525 1992-05-11 9 SINGAPORE INSTITUTE OF By management i Edward de Bono I on I Creativity and Lateral Thinking I Singapore, July 20 ft 21,1992 I "IN ORDER TO REACH A SENIOR POSITION AN EXECUTIVE SHOULD BE WITHOUT OR I SHOULD HAVE KEPT HIDDEN EXACTLY THE QUALITIES THAT HE WILL NEED WHEN HE525 words
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ANALYSIS
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Article, Illustration1669 1992-05-11 10 Asia Pacific will be hardest hit if it does THE Uruguay Round is the most ambitious set of trade talks ever undertaken. Earlier rounds, such as the Kennedy Round in the 1960s and the Tokyo Round in the *****, were more focused on a specificSource: Gatt, IMF - 1,669 words
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Article, Illustration1868 1992-05-11 10 Deputy Prime Minister Lee Hsien Loong on Friday addressed the Asia Society Conference in Taipei on The Asian Regional Economy. We reproduce below extracts of his speech which was titled The Future of the World Trading System. IT is ironic that protectionist trends (in1,868 words
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Page 10 Advertisements
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Advertisement8 1992-05-11 10 TOMORROW: BG Lee on free versus fair trade8 words
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Page 10 Miscellaneous
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Miscellaneous9 1992-05-11 10 DOONESBURY by garry trupeau SSSr s Irrsrir L »«g*9 words
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ENTERPRISE & MANAGEMENT 1
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Article, Illustration1113 1992-05-11 11 Claire Leow - Lim Khoon Hong is the first local managing director of a German MNC, Siemens Nixdorf Information Systems. Six months into the job, he tells Claire Leow his plans for the company, and how his experience in the now-defunct Rollei has helped him SINGAPORE'S Claire Leow Lim khoon Hong,1,113 words
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769 1992-05-11 12 Louis Unchitelle - Louis Uchitelle looks at how two US firms employ workers and share the fruit of labour Louis Unchitelle NYT CHRISTOPH Schmid's message is a little unusual for the chief of a manufacturer in the American Midwest. His company, Luk Inc, supplies the Big ThreeNYT - 769 words
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Article, Illustration721 1992-05-11 12 Taking the plunge is viewed by employers in Japan as a requirement to climbing the career ladder IN A corporate culture that does not accept unmarried men as serious or mature, having a wife is tantamount in Japan to being a prerequisite for promotion721 words
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Page 11 Advertisements
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Advertisement103 1992-05-11 11 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750103 words
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Advertisement482 1992-05-11 11 Last chance this year to gain the new business qualification for Asia's high-potential executives. It is called the CIM: Certificate in International Management. It is the culmination of the new sixweek Euro-Asia Course in International Management at INSEAD, the leading international business school. It is directly relevant to business conditions482 words
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Page 12 Advertisements
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Advertisement227 1992-05-11 12 Moments of magic... Work in it. W JpXIJ^ KB Gfl Lanqkauli Holiday (/ilia! A day of serious business drifts by in a relaxing atmosphere. First class hotel service smooths away the tension in the hall. It's a meeting well met. Then adjourn to our stretch of beautiful ivory beaches, one227 words
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Advertisement312 1992-05-11 12 ARE THESE SOME OF YOUR GOALS i HIGHERQOQA 1 I fcsssr Hsassr" —■r^z—I ""SrSfi?" I equipment in Hall 6, you'll benefit Computer Simulation" by eminent If even one of these objectives from this wide perspective into speakers drawn from academia and are part of your business goals for automated manufacturing,312 words
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SPORTS
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Article, Illustration667 1992-05-11 13 America's Cup Cayard's misjudgement in the opener may have cost II Moro the race Reuter SAN DIEGO Both America's Cup skippers made beginner's mistakes in the opening race of the world's premier yachting competition last Saturday but Paul Cayard's may have cost II MoroReuter - 667 words
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378 1992-05-11 13 Reuter CHARLOTTE, North Carolina Jeff Tarango, saying he used a racial comment by Aaron Krickstein to spur him on, upset his fellow American 5-7, 7-6 (7-4), 6-1 in the quarter-finals of the US Men's Gay Court Championships last Saturday. Tarango, a MexicanAmerican,Reuter - 378 words
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Article, Illustration427 1992-05-11 13 AFP LAS VEGAS Terry Norris scored heavily with his right hand here last Saturday to stop challenger Meldrick Taylor in the fourth round and retain the World Boxing Council super welterweight title. Norris knocked Taylor down twice in the fourth round andAFP - 427 words
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348 1992-05-11 13 Britain's Dave Mann hangs on to overall lead Reuter STROUDSBURG, Pennsylvania Uwe Preissler captured the German amateur team's second stage win and Dave Mann of Britain maintained his slight overall race lead last Saturday in the Tour Du Pont cycle race. Preissler,Reuter - 348 words
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SIDE LINES
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101 1992-05-11 13 ST MELLION, England Craig Parry shot a one-over-par 73 last Saturday to climb back into a share of the lead at the International Open while a second day of gale-force winds wreaked havoc and knocked second-round leader Colin Montgomerie out of contention101 words
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Article106 1992-05-11 13 FRISCO, Texas First-round leader George Archer survived windy conditions last Saturday to shoot an even-par 72 and maintain the top spot at the Murata Reunion Pro-Am. Winds gusting to 40 kph toughened the 6,737-yard Stonebriar Country Club course. None of the players were able to106 words
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Article83 1992-05-11 13 CHESAPEAKE, Virginia Dana Lofland continued her five-week roll on the LPGA Tour by shooting a three-under-par 69 last Saturday and retaining a share of the lead after two rounds of the Crestar-Farm Fresh Classic. A back nine run of three birdies in four holes at83 words
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Article81 1992-05-11 13 INDIANAPOLIS In a day filled with records, Roberto Guerrero set a single-lap mark of 232.618 mph (374.352 kph) in a qualifying run last Saturday for the Indianapolis 500 race. Guerrero, born in Colombia and now living in the US, also averaged a record 232.482 mph (374.133 kph)81 words
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188 1992-05-11 13 AP SEVILLE, Spain lOC president Juan Antonio Samaranch appointed a panel last Saturday to decide whether to take legal action against a book which attacks him and other leaders of the Olympic movement. Samaranch said the threeman panel would recommend the "appropriate measures'"AP - 188 words
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Page 13 Advertisements
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Advertisement79 1992-05-11 13 This announcement appears for the purposes of record only May 1992 I SWENS (Incorporated in the Republic of Singapore) H Invitation 12,000,000 ordinary shares of I 550.05 each comprising I 8,400,000 New Shares and I 3,600,000 Vendor Shares I Issue Price 550.55 per Share I Listing SESDAQ I Managed and79 words
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Page 14 Advertisements
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Advertisement551 1992-05-11 14 Nothing Beats A Bud. ftjgijj OF A Go Fbr Gift Certificates I Gift certificates from King's Hotel are in handy $50 and $100 I I denominations. Ideal for all occasions, they can be used for I I rooms and at all F&B outlets. I I Corporate purchases of $500 or551 words
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Advertisement274 1992-05-11 14 WHERE TO WINE, DINE... fawkzyf f test Cafe Plaza -ig, 1— 3! Ufa? Tuck into wholesome hawker fare and M»+ Si i I indulge in local jlu dishcs like Hasi Padang, Bak Kut Teh and Rojak, plus a ran^ C tem >^n^ Mrnu chan 9 es regubrty Uv Plaza Hotel274 words
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Advertisement312 1992-05-11 14 How To I Play Happy I It's really easy once you know I i I 1 w^at we have in store for you and I your family at The Stables. A I r super family buffet that'll delight I jg£ L, J even l^c tmiest tots So come j on312 words
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Page 14 Miscellaneous
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Miscellaneous655 1992-05-11 14 TELEVISION AND RADIO ."■■■'■■::T can't gel started, until she *00 Akantara (M). m icikiccc nil RMIA /u lpA isBCl2 kicks him out of the house. 4.27 tear Prayar Call. -iV-tiT-v;. •■> fori Man Or mouse sssbskssa-. iss=f Hranr »»>■ —b— ssr.ss.'rs. arts: Ksasasr"'" V reo, See Our Choice). Mwaca (Cartoon.655 words
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THE ARTS
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Article, Illustration1017 1992-05-11 15 Matthew Gurewitsch - Surviving leukemia has given Spanish tenor Jose Carreras a near-heroic status in the eyes of music lovers everywhere. Matthew Gurewitsch reports Matthew Gurewitsch NYT A SONG can be a symbol as potent as a flag. Think of A Mighty Fortress, The Marseillaise and We Shall Overcome.NYT - 1,017 words
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Article, Illustration448 1992-05-11 15 Joy Horowitz - By Joy Horowitz NYT IN HER production office, where an oversize dish that ran away with a bow-tied spoon is jettisoned not far from the giant Olive Oyl shoes she wore in the film Popeye, Shelley Duvall, the actress with a propensity for portraying long-leggedNYT - 448 words
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616 1992-05-11 15 Andrew Lim - Andrew Lim reviews last Saturday's Singapore Symphony Orchestra concert Andrew Lim THE Singapore Symphony Orchestra is certainly taking steps to vary its programme menu. As it develops further in musical terms, it does seem natural for it to go on a diet of616 words
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Page 15 Advertisements
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Advertisement178 1992-05-11 15 AND ENTERTAIN t (sriU 1" -3flHI Prime Rib Of Beef 1 Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. r a classic178 words
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Advertisement245 1992-05-11 15 I DnV International Loss Control Institute (ILCI) with headquarters in the US has II 111 long been recognised as a leader in the field of Loss Control Management, offenng HI a wide array of services and tools, including consulting, training, auditing and 111 educational material. II The newly opened DnV245 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4128 1992-05-11 16 Joseph Rajendran - By Joseph Rajendran THE LOCAL BOURSE opened the week with a bang but the rally fizzled out as the market succumbed to profit-taking from mid-week. The benchmark Straits Times Industrials Index gained 33.02 points last Monday but eased during the week to4,128 words
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Article2828 1992-05-11 17 SIA Foreign 1880 +70 +3 9% Inchcape 625 +45 +7 8% GE Life 1870 20 fl.1% KeppelCWt 530 *20 *3.9% NatSteel 50* 392 +20 5.4% Amtck Eng 20* 158 Hf +13.7% B Wt 198 +19 10.6% B Sembawang 585 15 *2.6% CMB Packaging 615 *152,828 words
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Page 17 Advertisements
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Advertisement59 1992-05-11 17 you arc the food business the best Jj I 91 coming special feature in Timeszonc Central entitled "asian up your to IwTENNYSON ANG on or page 306-8535 immediately for more information or to book a prime position for your advertisement. Timeszonc Central-distributed B1 9| H| S with The Stiaits Times59 words
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Article3521 1992-05-11 18 Gentings 50« 835 +45 +5.7* Oriental llldgs 630 +25 +4.1% Perils Plant 520 t 20 4.0% M ISC Foreign 494 16 +3.3* UMW 304 +15 5.2% NST 344 14 M.2% M TC 78* 278 +13 +4.9% Tongkah Hldgs 101 +13 14.8% Ganda Hldgs 87 +123,521 words
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Page 18 Advertisements
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Advertisement557 1992-05-11 18 BUSINESS T I M E S Toll free Tel No: 737 0043 Fax No: 734 3608 i IN THK MATTER OK THK COMPANIES ACT. CAP. 50 Pursuant to Section 290(2) (b) AND IN THK MATTKR OK MKISTKR TRADING PTK LTD (MKMBKRS- VOLUNTARY WINDING IPI At an Extraordinary General Meeting of557 words
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Advertisement18 1992-05-11 18 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.~ I Appointments of Nonces, caHoMree 737-0043 pTK« StrmiU Timet 118 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5329 1992-05-11 19 Bernama A POSITIVE market outlook prompted the return of retail investors to the Kuala Lumpur Stoek Exchange last week. The KLSE Composite Index rose 14.08 points over the week to close at 605.71 last Friday. The Industrial Index advanced 19.30 points to 1,086.99Bernama - 5,329 words
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BT SHARE INFORMATION SERVICE
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Article389 1992-05-11 20 Mm M l»t Fal Year Forecast gat, Net Itet fWtt EPS hmoI Tew EPS Crass prsfit Kmc* tag* Cmw PtrM tost jr ca*( (cts) *> (SIM) (SS«) (cts) Stt F Way 20 Mar 92 143 2 40 0 912,800 986 9—11/50 1539—1840 Milfel F Jun 13 Mar 92389 words
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Article420 1992-05-11 20 MM Last Frii Year Cmrn ftftt late Y*r EM Cran IM mmmui ea*K (cts *r fnit MtW EMS Final Nov 6 Jul 91 30TE 17,8781 Jacks M Final Apr 30 Jan 92 2281 ■YP MKs Final May 6 Mar 92 4 5 3.3 6.032 JC4M Final May420 words
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Article318 1992-05-11 20 Comuny Date Year Gro«p Net Nat aaratags Grass mm to pram/toss (L) par share dhrWend (•000) (eaats) ICS May 7 Dec 91 $10,451 ($6.611L) 20.9(-) 6(13.5) Inchcape May 4 Dec 91 M$53.822($66.683) 32 9(40 7) 20(32 51) DBS Land Apr 30 Dec 91 $50,908(130,978) 7 9(48) 5(4) fteppel318 words
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Article276 1992-05-11 20 Company Date Year Group pre-tax Not earnings Gross ann to profit/loss (L) per share dhrMood (000) (coots) Venture Mtg May 7 Dec 91 $4,495(12.530 5(34) M Credit May 6 Mar 92 S*****(118.582) 48(44) 625(5) Un.phone Tel May 6 Jan 92 M$27 228(517 956) 21 2(14 3) 7(7) Chem276 words
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Article352 1992-05-11 20 Company Date Half-year Group pro-tax Interim ann to profit/loss (L) dividend ('000) Goodwood Park May 7 Mar 92 $20,643(114,753) 45(35) H Msia May 7 Mar 92 $4.445($313) 20(5) SPH Apr 24 Feb 92 1123.204(1110 3%) 10(8) Times Pub Apr 20 Feb 92 $18,782(125.132) 4(4) New World Apr 1352 words
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Article482 1992-05-11 20 May 8 Singapore Airfines. Swissair and Delta Air Lines announced plans to further strengthen their global alliance by offering reciprocal reservations and ticketing services to more than 300 destinations around the globe. May 7 Singapore Computer Systems Ltd has announced a joint venture in Thailand with PN International482 words
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Article1643 1992-05-11 20 Current Ex Mis Date TaW for Total for paymowt data ctosa payabfo tha yaar last yaar Acm 51 km 5 Jun 18 M 2 12 2% 101TE Avmo 20c 12 5XTE Mar 3 Mar 13 May 15 17 51TE 12 51TE B Raya 1% kin 24 Jul 81,643 words
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Article607 1992-05-11 20 Company Rights Issue All net Tech Onetor-ooe (a. SI 00 per share CASH Three tor two fe MM 50 per share D1C Bank One-tor two <g, MSI 25 per share Golden Hope One-tor six MSI 50 per share H Leont kid Two tor five (a. MSB 35 per607 words
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Article117 1992-05-11 20 Gold Coin Ltd: EGM at Acma Ltd, The Conference Room, 17 Jurong Port Road, Singapore 2261, on Monday, May 11, at 10am JB Group pic: 3rd AGM at 25 Copthall Avenue, London EC2R 7DR, on Monday, May 11, at 12.15pm United Pulp i Paper Company Ltd: EGM at117 words
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Article51 1992-05-11 20 Conversion Special Trdg Scripless Conversion deadline Period 1 radial Company starts (IDP) (ST) slam Gold Coin* Mav 12 Jun 8 Jun 23 keppel Finance* Jun 10 Jul I Jun 19 Jul I Jul 2 COL* Apr 30 May 22 May 11 May 22 May 25 Footnote: indicates proposed51 words
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Article156 1992-05-11 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index (21/2/92) *****2 < 27/1/92) 25 J? nSS 09 4/92 1992 1352 83 (09/4/92) 25 !l mini (3 6/91 1991 1565 58 (3/6/9l> 2 Sf n? w S i 9 1991 1149 08 < 16/1 £U' 2i Si 6/7/90 1990 1607 12156 words
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637 1992-05-11 20 Tram Registered Substantial Bay/ Shares Amowit SharehoMtefs Stack Date HeMer Shareholder/Director SeN invoked Before Chge After Chge OUE 05/05/92 Wah Hn Co (Pte) Ltd Lien Ying Chow S 1.000.000 7.900.000 2750.875 2 22 141 DBS Land 04/05/92 Street Names DBS Bank *S 5.000 1.949 286.709 000 44637 words
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358 1992-05-11 20 Iii local curr la S$ I» USS dy yr dy yr dy yr May 7 Index chge chge chge chge chgc chge World 398.4 0.7 -2.4 0.6 -3.9 0.6 -5.6 tEAFE 481.4 1.1 -4.1 1.1 -7.3 1.1 -9.0 Europe 453.5 0.1 10.3 0.3 6.2 0.3358 words
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Article140 1992-05-11 20 Company Others Issue of 190 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1992/97 with 45 489m detachable rSRs on the basis of 12 nominal amount of Bonds for every three eusting shares held b-date Apr 15 Books close Apr 30 Acceptance Payment »un 15 r RenounceatHe140 words
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MARKET REVIEWS
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Article, Illustration395 1992-05-11 21 AFP AFTER starting the week with a record high as calm returned to Los Angeles, the blue-chip Dow Jones Index see-sawed before ending on another high note last Friday due to brisk demand at the Treasury's quarterly auctions. The indexAFP - 395 words
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622 1992-05-11 21 |^*H0NGK0NG AFTER STAGING an rapected rally of over 100 points last Monday in response to the cut in interest rates, the market then moved sideways, see-sawing around the 5,600 level. Average daily turnover was unusually high at HKS4.1 billion as overseas institutional buying remained622 words
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297 1992-05-11 21 AFP »^TOKYO SHARE PRICES advanced sharply on the Tokyo Stock Exchange last week with the Nikkei Stock Average closing at 18,375.95 yen, up 1,072.56 yen or 6.2 per cent from the previous Friday. The Nikkei indicator of 225 selected issues in the major first section,AFP - 297 words
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Article820 1992-05-11 21 SYDNEY THE Australian share market retained an optimistic air throughout a week devoted largely to consolidating recent gains despite some wild swings as the government eased monetary policy, brokers said last Friday. Treasurer John Dawkins and the Reserve Bank announced an immediate one percentage point cut in820 words
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906 1992-05-11 21 Ray Heath - WwHDoi By Ray Heath THERE was once a headline in a newspaper published when Britain had an empire which summed up exactly the country's belief in its place at the centre of the universe. "Fog in Channel: Continent isolated", it906 words
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Page 21 Advertisements
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Advertisement665 1992-05-11 21 BUSINESS Toll-fre»Tel N0:737-0043 Fax No; 734 3608 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, LowQuekEng of 44 Monk's Hill Road 106-46, Singapore 0922, have applied for a Beer House, second class licence in respect of premises at Mfr Mahraj Tandoori Cuisine at 3 Shenton Way #02-10, Shenton House,665 words
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WORLD STOCK MARKETS
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US blue chips post modest gains
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Article70 1992-05-11 22 INDICES TURNOVER May 8 NEW YORK [)ow Jones SAP 500 Turnover (million) (lose 3.***** 416.05 168.73 Previous 3.363.37 415.85 168 98 6 04 0.20 -0.25 LONDON (-manual Times 30 ITSK 100 Turnover (million) 2.725.7 2.134.7 896.2 2.110.2 2.701 9 779.1 23.8 24.5 +117.1 FRANKFURT DAX Index 1.748.18 1.750.81 -2.63 AMSTERDAM70 words
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Article109 1992-05-11 22 Paris May 7 FFr COMEILLE Air-Liquide 780.00 -9.00 Alcatel Ansthom 670.00 +11 Elf-Aquit 396.00 3.90 Michelin 214.90 -I- 7.40 OFP 113.00 Peugeot SA 785.00 -2.00 Philips (NV Gem) Ill .20 -2.80 Koyal Dutch 452.10 -3.40 CROUP A Nestle *****.00 +100 GROUP B Lalarge 383.50 3.50 CROUPC Shell 255 00 CROUP109 words
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Article, Illustration1340 1992-05-11 22 BLUE-CHIP stocks closed modestly higher last Friday, supported by a rally in Treasury bonds that came in spite of surprisingly good employment figures for April. The Dow Jones Industrial Average ended up 6.04 points to 3,369.41, a gain of 33.32 points for the week. In the broad market,1,340 words
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Article, Illustration834 1992-05-11 22 SHARE PRICES soared on the London Stock Exchange in active trading last Friday, setting their third consecutive record high. The FTSE 100 Index closed at 2.725.7, up 23.8 points from the previous day's close, after hitting a high of 2.734.8, above the previous all-time record of 2,713.6 which had834 words
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Article355 1992-05-11 22 SWISS SHARES ended an active session higher last Friday as foreign buying in industrial blue chips was followed by domestic investors who entered the market in the afternoon to buy into banks, dealers said. Shares in medium-sized insurance Baloise, driven by takeover rumours which were later denied, were at355 words
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Article153 1992-05-11 22 THE Milan stock market finished the week in a state of gloom last Friday, the MIB index sliding 0:92 per cent down on the day at 973 points in limited trading. Insurance group RAS plummeted by 7.02 per cent the day after announce- ment of a big capital increase.153 words
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Article337 1992-05-11 22 TORONTO STOCKS closed moderately stronger in light trade last Friday though traders said the market lacked any conviction. Strong gains in US and Canadian bonds also helped push the market higher, they added. The Canada long bond jumped nearly a full point to 101.30/40 to yield 9.12 per cent.337 words
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Article460 1992-05-11 22 GOLD SHARES staged a late rally to close firm on the Johannesburg Stock Exchange last Friday, boosted by the improvement in the gold price and the weaker financial rand foreign ment unit. Dealers said market sentiment was still strong and was underlined by good demand for the scarce quality460 words
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Article187 1992-05-11 22 BELGIAN SHARES ended oft' their highs last Friday but in a bullish mood after a day of hectic trading led by oil major Petrofina, which rose 1.5 per cent on spectacular volume. Dealers said foreign investors were behind the heavy trade. "There was a volume in Petrofina that I've187 words
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Article126 1992-05-11 22 DUTCH SHARES ended little changed last Friday after a quiet session, having spiked briefly on better-than-expected US jobs data only to flatten as New York swung into losses on fears that a US rate cut may not come soon. "It was a bit too like Friday for much of126 words
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Article133 1992-05-11 22 SWEDISH SHARES ended marginally higher in heavy trading last Friday. In spite of a reminder of the ailing economy in the banking sector's mounting credit losses, earlier positive market sentiment was restored, dealers said. The banking industry index lost 3.71 per cent after the government was forced to bail133 words
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Article185 1992-05-11 22 THE FRANKFURT stock market marked a pause last Friday to consolidate gains made in the previous two sessions. The DAX spot index eased 0.2 per cent to 1.748,18 points, the Commerzbank index 0.1 per cent to 1.989.80. With the market having largely anticipated last Thursday evening's deal to end185 words
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Page 22 Advertisements
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Advertisement29 1992-05-11 22 Don't miss Personal Finance Investment in Business Times every Saturday Just a call doas it all if tha call's to The STRAITS TIMES APPOINTMENTS to advortiM for qualified holp.29 words
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CURRENCY, MONEY & FUTURES MARKETS
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470 1992-05-11 23 NEW YORK Reuter A LARGER-THAN-EXPECTED gain in US non-farm payrolls in April lifted the dollar to a strong finish aeross the board. But dealers doubted the advance signalled a change in market sentiment to fuel a continuing rally this week. "We had goodReuter - 470 words
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Article858 1992-05-11 23 ASIAN CURRENCIES ASIAN CURRENCIES had a mixed week against the dollar, with the yen gaining ground on the prospects of easier US credit and the Australian dollar dropping back because of a cut in domestic cash rates. Along with the Majaysian ringgit, continuing its surge858 words
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Article380 1992-05-11 23 Cross rates May 8 USS SS MS Dm Yen SFr AS NZS USS 1.6500 2.5220 1.6340 132.50 0.5556 1.5110 1.3245 1.8570 SS 0.6061 1.5285 0.9903 80.3030 0.3367 0.9158 0.8027 1.1255 MS 0.3965 0.65 0.6479 52.5377 0.2203 0.5991 0.5252 0.7363 Dm 0.6120 1.0098 1.5435 81.09 0.3400 0.9247 0.8106380 words
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Article520 1992-05-11 23 Interbank rates s$ Bid Offer Overnight 3 3 1/8 1-month 3 1/16 3 3/16 2-month 3 1/8 3 1/4 3-month 3 3/16 3 5/16 Overnight mode: 3 LSS High jw 7 days 3 7/8 3 5/8 1 month 3 7/8 3 11/16 2 months 3 15/16 3 3/4520 words
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563 1992-05-11 23 Reuter FRANKFURT Britain, France and Ireland last week defied record high German interest rates and reduced their lending costs, but the cuts did not pose a major challenge to Germany's authority in the European Monetary System (EMS). Independent economists said last week thatReuter - 563 words
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454 1992-05-11 23 AFP PORTO, Portugal The European Community is not ready to accept Austria, Sweden, Norway and Finland into its currency exchange rate system, but is unlikely to slam the door on them, according to diplomats here. They were speaking last Friday aheadAFP - 454 words
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Article374 1992-05-11 23 BANKS ABN Amro Bank NV 6S ANZ Banking Group 7 Allied Irish Bank PLC 7'/i American Express Bank 7 Arab Banking Corp 7% Arab Bank PLC 6'/2 BFCE 7 6V« Banca Commerciale 7 7Vj Bangkok Bank 6V« Bank Brussels Lambert 7V« Bank Bumiputra 7"/j Bank of America374 words
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461 1992-05-11 23 AFP MUENSTER, Germany Some leading figures in the economic world have expressed concern here at Russia's ambitious drive to make the rouble convertible from July 1. While praising the government of President Boris Yeltsin for announcing the ambitious goal on April 26,AFP - 461 words
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Article142 1992-05-11 23 CgjjEX May 8 COLD FUTURES < 100 oz) USSftg Open High Low Settle Change 336.00 +^40 Jun 335.40 338.20 335.30 336.30 +.40 Jul 337.20 +.40 Aug 337.00 340.00 337.00 337.90 -k30 Oct 339.00 340.20 339.00 339.60 +.30 Dec 340.50 343.60 340.50 341.60 +.30 Feb 93 344.90 344.90 344.80142 words
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Page 23 Advertisements
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Advertisement7 1992-05-11 23 Advertising Marketing in Business Times every Thursday7 words
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Advertisement5 1992-05-11 23 monthly MAGAZINE BUSINESS MAY 19925 words
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COMMODITIES
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443 1992-05-11 24 Reuter RIO DE JANEIRO The Amazon rain forest, which contains the world's biggest unexplored source of minerals, may never be exploited it environmentalists and Indian lobbyists have their way, says a leading mining consultant. "The Amazon has the kind of geology thatReuter - 443 words
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277 1992-05-11 24 Reuter HAVANA Cuba is diversifying its sugar industry and seeking new trade outlets to offset the loss of its traditional markets in East Europe and the former Soviet Union, the island's top sugar officials said last week. "Cuba will continue to beReuter - 277 words
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922 1992-05-11 24 REPORTS THE CRASH in coffee and cocoa prices continued last week, as the seasonal slowdown in demand coincided with rising sales by producer countries, notably Ivory Coast. Given the high level of world stocks and distant prospects of new international agreements922 words
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Article1209 1992-05-11 24 Rubber MS (M hi bates) S cents/kg Int I RSS Close May 4 145.50 May 5 144 75 May 6 145.00 May? 1 44 25 May 8 4 3-"0 MRELB (fob in baks) M cents/kg Int I RSS Close May 4 221.50 May 5 221.00 May 6 220.00 May1,209 words
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Page 24 Advertisements
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Advertisement852 1992-05-11 24 NOTICES UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN Hut, I, Abdul Kader s/o E. Muhammad Sherif of Blk 49 Dorset Road #07-110, Singapore 0821, have applied for a Retail Liquor Licence in respect of premises at M/s Kembangan Minimait at Blk 110 Lengkong Tiga #01-235, Singapore 1441 and that this852 words
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Advertisement10 1992-05-11 24 I APPLY NOW! Turn to The New Paper Fastads today.10 words
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Advertisement6 1992-05-11 24 innovation Technology in BT every Tuesday6 words
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Article1140 1992-05-11 25 City FlgM ETA FHgkt ETD SQ228 2050 SQ22 7 2230 I 1 RJ182 1440 RJ183 2340 Hwtrtw SQ23 KL831 0645 KL83f 0940 2240 kmcUmi NZ25 SQ288 BA12 1655 NZ28 2030 2200 1810 MvStri BI421 SQ181 B1429 1105 SQ182 1410 ***** 2030 B1430 0915 1205 2125 BaMfcak1,140 words
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THE TRAVEL PAGE
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Article, Illustration553 1992-05-11 25 Andrew Huddart - POSTCARD FROM AMSTERDAM By Andrew Huddart A RICH collection of East European Jewish artefacts, forgotten in a Russian museum cellar since World War 11, has gone on view in the West for the first time. Displayed only once in 1939, the collection of writer and553 words
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Article153 1992-05-11 25 As at 3pm on Apr Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2405 I.2S7S Canadian dollar 1.3638 1.39IS NZ dollar 0.8790 0.8970 Sterling pound 2.9588 2.9990 US dollar 1.6460 1.6540 Local dollars to 100 units of foreign currency Austrian schilling153 words
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Article76 1992-05-11 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td May 26-34 Internationa) Istanbul. Afeks Organizav (90)1/*****20 June 1-7 International Buenos Aires Argentine 541-*****09 Construction Turkey yon Pazarlama Exhibition Federation of Machinery A Bldg Ve Ticaret AS of Rubber the Rubber Technology Industry Exhibition June 3-9 Beijing76 words
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Page 25 Advertisements
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Advertisement51 1992-05-11 25 18 hours before arrival/departure. *****22 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the sa*ie price. Check with your travel agent or call *****77 for more details. &7/WV/7//7 W« Know Europe from Mart to51 words
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Advertisement25 1992-05-11 25 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.25 words
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Advertisement916 1992-05-11 25 ISUS^NJ^SS^T^It^E;^^ Toll-free Tel No: 737-0Q43 Fax No; 734 3698 1 —1 i IN THE MATTE* OF THE COMPANIES ACT CHAPTERM AND IN THE MATTER OF ■EST WAY INDUSTRIES (S) PTE LTD (In MniWrt' Voluntorj miMaUoa) MEMBERS' VOLUNTARY WINDING-UP Al Extraordinary General Meeting of the iimito* of the abowenamed comrn duly916 words
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Page 25 Miscellaneous
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Miscellaneous211 1992-05-11 25 pared Christmas dinner plays around* with things Hi ~■H IH 19 Showed politeness to a la- 23 Boy friend giving a pronounced bow (4) t 26 Are they enough to silence 7 Formula for output of 24 In the middle of last year Ulster disturbance? (8,7) mine invested by the211 words
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Miscellaneous163 1992-05-11 25 Singapore Outlook: Showers over several areas in the early morning Report: Maximum temperature 32.7 Assoc humidity 55% Minimum temperature 26.0 Assoc humidity 93% Hours of sunshine 3.95 Rainfall in mm 3.0 Rainfall this month 30.5 Rainy days this month 5 World report Asia-Pacific Hi/IjO* Cond. Auckland 19/09 Rain Bangkok 38/29163 words
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Miscellaneous31 1992-05-11 25 JOSr (%»veJ BiRTM to\ ;v -c*e only iDgr He's hpo w f ttfßw\n l rne SE.VEN AWD "tujo —*s \jwird Scars... Y y rva g fo 72 NIW*KM LTO.. IMMM2 131 words
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Article, Illustration480 1992-05-11 26 Bernama PENANG The Malaysian government is trying to bring the economy along a more gradual path of slower growth instead of suddenly contracting it. Deputy Finance Minister Loke Yuen Yow has said. The aim, he said, was to provide the economy with aBernama - 480 words
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340 1992-05-11 26 Reuter UNITED NATIONS Fearing the threat of climateinduced catastrophes ranging from drought to flood, the nations of the world last Saturday agreed on a landmark treaty to fight rising world temperatures by limiting the greenhouse gases said to cause them. TheReuter - 340 words
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297 1992-05-11 26 Reuter TAIPEI Taiwan's government is planning measures to curb soaring exports to China because it fears the island will become too dependent on the market, local media reported at the weekend. The measures might include tax incentives or preferentialReuter - 297 words
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374 1992-05-11 26 Ben Davies - From Ben Davies in BANGKOK THE fever-pitch tension which has gripped Bangkok for more than a week eased yesterday following the announcement that popular former Bangkok governor Chamlong Srimuang would end his hunger strike and that a compromise would be sought through374 words
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450 1992-05-11 26 Reuter AFP BEIJING The Chinese Cabinet has given a ringing endorsement to bold economic reforms being championed in Guangdong, urging the nation's richest province to catch up fast with Asia's four "little dragons". The People's Daily. mouthpiece of the communist party, gave front-page coverageReuter; AFP - 450 words
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317 1992-05-11 26 AFP BEIJING Senior Chinese leader Deng Xiaoping's eall to dismiss officials blocking reform appears to be taking hold ii the government. The Materials and Equipment Ministry recently removed or transferred 36 leading officials, including six directors, for failing to carry outAFP - 317 words
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Page 26 Advertisements
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Advertisement275 1992-05-11 26 ICHARTPOINT Every Saturday in Business Times Flag-off for Indonesian election campaign 0 L. -0 r y SURABAYA About 35,000 supporters of Indonesia's ruling Golkar party waving party flags at a' P ol sj^'r® j!J|? n^!!! erd Sw launched their election campaign. About 100 million Indonesians will cast their vote on275 words
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Advertisement275 1992-05-11 26 KL govt monitoring strength of ringgit, Pg 6 Reforms spark trade boom, Pg2 no ipptii/fc PROGRAMME LEADERS Tte course is specifically designed MBBBOBM KfaSSr(a) to provide an understanding of Marketing Practice. UTS) and Prof Ken marketing, marketing management. Miller (Professor of Marketing) are both and marketing functions; from the Schoo)275 words
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Advertisement13 1992-05-11 26 CHARTPOINT Every Saturday in Business Times Chinese economic reforms are irreversible, Pg 213 words
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SHIPPING TIMES
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Article, Illustration654 1992-05-11 27 Rahita Elias; Ramesh Divyanathan - Local shipping body urges Asean govts to take action By I Rahita Elias and Ramesh Divyanathan SINGAPORE The rising incidents of piracy in Southeast Asian waters is spoiling the region's image in international shipping circles, says the head of the Singapore National Shipping AssociationSource. SNSA - 654 words
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1170 1992-05-11 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 18 3 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 41,170 words
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381 1992-05-11 27 Dexter Lee - By Dexter Lee SINGAPORE Listed Singapore Aerospace Ltd appears to be taking a breather from its ambitious overseas expansion programme which saw investments totalling $30 million last year. "We are consolidating our position this year," said a Singapore Aerospace spokesman in response to381 words
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261 1992-05-11 27 Reuter BRUSSELS The European Commission has fined a UK-based shipping group for refusing EC anti-trust officials entry into the group's Liverpool offices to search for evidence of an illegal shipping cartel. The Commission said it had fined the group, known as Ukwal, 5,000 EuropeanReuter - 261 words
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NEWS SUMMARY
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Article27 1992-05-11 27 Rahita Elias listens to a harrowing account of a piracy attack on the 5,480-tonne containership Swan Reefer near Bintan Island Page 227 words
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31 1992-05-11 27 AN independent report into the capability of the international salvage industry has confirmed the fears of professional salvors that their resources are in serious decline. Back Page31 words
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37 1992-05-11 27 AMERICAN Airlines is talking to KLM-Royal Dutch Airways about buying a minority stake in the Netherlands' national carrier and creating a global partnership, the Sunday Times reported Back Page37 words
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42 1992-05-11 27 Rioters cut DhakaChittagong links RIOTERS wrecked railroad tracks and blocked roads between the capital of Dhaka and the port city of Chittagong on Saturday, after gunmen shot and killed three members of the country's top opposition party, officials and witnesses said BackPage42 words
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37 1992-05-11 27 EUROPEAN Community Transport Commissioner Karel van Miert has written to 10 EC governments complaining that their national shipping registers break Community law, European Commission officials said on Friday Back Page37 words
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LOG BOOK
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94 1992-05-11 28 TAIPEI Taiwan is to open its inland transportation business to US shipping companies in a bid to avert possible retaliations from Washington. During talks in Washington, Taiwan promised US shipping authorities the opening of its domestic forwarding business by speeding up the revision94 words
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Article75 1992-05-11 28 POCHENTONG, Cambodia Cambodia International Airlines (CIA), a joint venture between Thai businessmen and the Phnom Penh government, made its inaugural flight on Friday from Bangkok to Phnom Penh. The leased Boeing 737 touched down at Pochentong International Airport nearly one hour late on the first of75 words
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Article71 1992-05-11 28 HELSINKI Ice still restricted entry to two Finnish northwest ports but had receded elsewhere, the Marine Research Institute said in its latest report. The Gulf of Finland outside St Petersburg was now free of ice. The institute said icebreaker assistance into port at Kemi and Oulu71 words
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89 1992-05-11 28 BANGKOK An oil tanker ran into a fishing boat off Thailand's east coast before dawn on Friday, sinking it immediately. Four crewmen were believed dead and five were missing, Radio Thailand reported. It said the trawler Sakmongkhon had its nets in the water about89 words
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Article88 1992-05-11 28 ADELAIDE, Australia South Korean seaman Kim Jong Un was released after a US$75 fine and six-month good behaviour bond by a court here on Saturday after two men were stabbed aboard a cargo ship off South Australia's coast. Kim, 27, was released into the custody88 words
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Article68 1992-05-11 28 LONDON British engine-maker Rolls-Royce has been awarded a US$lOO million maintenance contract by US airliner USAir, Rolls-Royce announced on Thursday. USAir operates 82 planes with Rolls-Royce engines, and is waiting for 17 new Boeing 757s which will also have them. RollsRoyce also announced on Wednesday that68 words
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Article, Illustration956 1992-05-11 28 Rahita Elias - Rahita Elias listens to a harrowing account of a pirate attack Rahita Elias IT WAS the stuff nightmares are made of, at least in the dreams of ship captains whose vessels sail through piracy-prone areas. When E G Marshall, captain of the 5,480-tonne containership Swan956 words
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Article662 1992-05-11 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and662 words
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Article13639 1992-05-11 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after13,639 words
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SHIPS IN PORT
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Article512 1992-05-11 43 Vessel Voy No Berth ArroaI Depart*# Vessel Voy N» Berth Armal Depirtre G MunBhM OOP alongside 1105/2359 Marina Terminal I WKu 08/92 J3 U 05/2300 Union 365 M04 alongside 1005/2200 Kramatorsk 15 alongside 1105/0800 Batam Bam B146 M04 1105/0900 1205/2300 Valou( Ji2 alor*side 1105/0700 BatamMaiu *****2 M03512 words
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Article1594 1992-05-11 43 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS gj, Voy No Contemn wahMt S# i r~~7,~ *****2 0855 1 Kurama 15/216 COO(EST) *****2 1500 <- N 221 *****2 1020 M'sta Glory 205N COO(EST) 10.0592 2300 2"«£ .1/235 *****2 1125 U M J2W TOOT *****2 1500 r 2 sss i™1,594 words
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Article961 1992-05-11 44 May 15-16 (ltt days): ISO 9000 for Warehousing and Distribution Centres, organised by Singapore Institute of Purchasing and Materials Management. For more details, please contact SIPMM Secretariat at tel: 273-4172 or fax: 274-1132. June 1-2 (2 days): Contract Formation The Materials Management Way, organised by Singapore Institute of961 words
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Article781 1992-05-11 44 DRY CARGO freight rates pursued a firmer trend, notably on Panama* grain routes, brokers said on Thursday. The Baltic Freight Index rose eight points to 1.240 after Wednesday's three point increase. "The spot market is very firm, especially on the US Gulf/Japan route." said one broker. The Gulf/Japan781 words
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433 1992-05-11 46 Report warns of parallel fall in professional standards Lloyd's List LONDON An independent report into the capability of the international salvage industry has confirmed the fears of professional salvors that their resources are in serious decline. Commissioned by the Salvage Working Group, a joint industry bodyLloyd's List - 433 words
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272 1992-05-11 46 Muslim fundamentalists blamed for starting unrest AP CHITTAGONG, Bangladesh Rioters wrecked railroad tracks and blocked roads between the capital of Dhaka and the port city of Chittagong on Saturday, after gunmen shot and killed three members of the country's top opposition party, officials and witnesses said.AP - 272 words
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Article, Illustration237 1992-05-11 46 Reuter BRUSSELS European Community Transport Commissioner Karel van Miert has written to 10 EC governments complaining that their national shipping registers break Community law, European Commission officials said on Friday. Mr Van Miert said demands that the shipowner and half the crewReuter - 237 words
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250 1992-05-11 46 AP LONDON American Airlines is talking to KLM-Royal Dutch Airways about buying a minority stake in the Netherlands' national carrier and creating a global partnership, the Sunday Times reported. Such a deal could bring American into direct competition with British Airways. TheAP - 250 words
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Article, Illustration267 1992-05-11 46 AFP NEW YORK Cashstarved New York plans to begin enforcing parking rules against foreign diplomats who for years were shielded from tickets under diplomatic immunity, officials said. Officials in Washington have appealed for diplomats to pay their tickets but now, with theAFP - 267 words
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255 1992-05-11 46 Reuter DETROIT Chrysler Corp's finance unit said it is moving to seize about US$2.3 million (SS3.B million) in assets from John McNamara, the Port Jefferson, New York, car dealer accused of defrauding another major car maker. Chrysler Credit Corp spokesman Bob HeathReuter - 255 words
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280 1992-05-11 46 AP NEW YORK Citicorp, the largest banking company in the US, has taken most of its long-distance telephone business away from AT&T, which is a rival in the lucrative credit card business, and has gone to the competition. Citicorp said last FridayAP - 280 words
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162 1992-05-11 46 Reuter HONGKONG A Chinese official has criticised the Hongkong government for alleged delays in providing information on financing plans for the territory's new HK$ 112.2 billion (5523.8 billion) airport. Chen Zuo'er, a department head of China's Hongkong and Macau Affairs Office,Reuter - 162 words
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Page 27 Advertisements
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Advertisement33 1992-05-11 27 Drama on the high seas, Pg2 LIRM IMI MTVtCM KfWWW Miwlirt «f Km lulilty «f OccriiM [*#ssin SMooinc Amti. Sincaoor* National Shin- UvMli) ping /Usodattafl. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-209033 words
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Advertisement273 1992-05-11 27 THE SPECIALIST IN: Wire Rope Sfings Uihing yl Materials Mwrtgrmc jjm a Jb facilities Em Lifting M |f||[ DfimUBNE SDPPLT 01. (PR) lAD. TBL MM LIES) TUfc NCCO M MM FAJfc WMft I Someone dose has beenlving Your son in Canada is studying for some years. overseas You've given up273 words
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Advertisement29 1992-05-11 27 Cockett Report 2 Container Schedule 17 Datfy Fremiti 18 Ma 1 Stopping Gude 10.11 Slips m Port 17 Singapore Tide 17 Transport Otary U Weather and Sea Conditions 1729 words
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Page 28 Advertisements
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Advertisement56 1992-05-11 28 —j Tfie BaaAve Housekeeper -this hotel I o v iv, I I wants is me. Bob I'll never neglect L Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The new paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA56 words
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Page 29 Advertisements
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Advertisement1992 1992-05-11 29 OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES %I|V## TEL *****11 FAX llllfff BOOKINGS TEL *****34 *****58 ggIHM TERMINAL/CFS TEL *****18 220 1 ***** 1 PESAKA JAROINE SHIPPING AGENC IE S SDN BHD. kVfly A PORT KELANG TEL *****18 FAX *****91 *****88 PENANG TEL: *****4 FAX. *****1 CFS TEL 3 98061,992 words
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Advertisement1242 1992-05-11 29 ■gmwi NEXT SAILING TO U.S.A. SEA LAND EXPRESS VI74E ETA SIN 18/5/92 MARIT MAERSK V 9208 ETA SIN 19/S/92 Vessel Voy ETA I ETD Feeder by 1 DESTINATIONS Work) Lyni/ Aries This week Marie Maersk 9206 CY 12/5 0000 MRS Port I CFS 11/5 2359 HRS Kelang Penang qak LGB1,242 words
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Page 30 Advertisements
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Advertisement1226 1992-05-11 30 RDAM/ Mrm VOY NO S PORE JEDOAH S HAMTON H BURG ANT IE HARVE HbLAId LA SEINE 24/119 14/5 23/5 6/6 2/6 1/6 1. AU. WESTBOWD HOECHST EXPRESS 03/319 17/5 3/6 5/6 8/6 9/6 PORT KELANG ft PENANG HAMBURG EXPRESS 08/120 21/5 30/5 13/6 9/6 8/6 CARGO TO IK/CONTMNT HANNOVER1,226 words
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Advertisement647 1992-05-11 30 SEASPAC SERVICE CONTAINERS U BREAKBULK L DKECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT i I JANIKA II 3601E8 25-27/5 7/6 »0/6 16/6 I PAIEMBANG 3702E8 25-28/6 10/7 13/7 18/7 I Transit Time *22) I AISO ACCIPIING CARGO VIA SUVA 10 lAUIOKA PAGO PAGO I I APIA. NUKUAIWA. P VIIA647 words
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Advertisement1482 1992-05-11 30 Klgoiagifl uw REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE «i/«0T SM ALG BCL HAM BRE ROT ANT FEL IHA (VIA (VIA (Vl* ALG) HAM) ROT) N. PRINCESS 9210-3 12/05 2S/05 30/05 01/06 02/06 03/06 04/06 05/06 07/06 NORASIA PEARL 9211 3 17/05 OS/06 10/06 12/06 13/06 14/06 15/06 16/061,482 words
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Page 31 Advertisements
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Advertisement1903 1992-05-11 31 H STRAITS SHIPPING PTE LTD 15 Hoc Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS OIK SMS SPOftt B'KOK CARGO tsrtBRUGGt V 09N 13-14 MAY 16 17 MAY STRAITS MOPt Vo6t Muti. Stun. In ki Pt 12 Mj» MARION V 005* 16-17 MAY 20-21 MAY RAIAH1,903 words
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Advertisement2374 1992-05-11 31 SINGAPORE AGENT: IJCYA At >4.^|j f |Afic PAO Containers (Singapore Agencies) Pte Ltd A 1 d\F iUlliCllllCr9 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel 225 2233 Tetex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number **********0Z EXPORT IMPORT 71 CArvil I ■HUB I2,374 words
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Page 32 Advertisements
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Advertisement618 1992-05-11 32 CR NBR **********0-0 I EXPRESS SEMI CONTAINERSHIP SERVICES i I TO EUROPE I I VSI/VOY S POK RDM ADAM H'MG OHHN AHTWtRP I ETA 0 I KlflN 25N8 11-23/51 1/7 5/7 10/7 FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement. Also accepting cargo to CaaaManca. I Port Said.618 words
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Advertisement1288 1992-05-11 32 (g)HANJIN SHIPPING in QAM FOR *SL SM IIM HAUL SAV LM R»C in 6 lot. HANRN KUNSAN 074 C II bHJ YOKOHAMA 03* il/6 H/6 21/6 ThZ Sc 14 6 1/6 FISHGUAM) BAT 18 5 M RROPITIOUS OJIE 25/6 26/6 21/6 ThZ I STEC 21 6 24 6 HANJMI CMEJU1,288 words
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Advertisement1155 1992-05-11 32 i d "I H 'Id d H'n iln ill wi Hi a" m w! i|/J I I SnTi"™ Awwi w\ ill IM .i/J 11/. *1 a" l\ w/7 u;in« mi a/7 i/. 11/ 21 I I OKU *037 14 10 4 IS/I l! U/4 Z2/C 23/ C »/t 2C/C 27/11,155 words
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Page 33 Advertisements
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Advertisement1618 1992-05-11 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL 278fi 100 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2: *****69/*****96 kg UK/EUROPE SERVICE *****00 EXPORT CFS MB2: *****53/*****50 AUST/INDIA/PAK SERVICE *****00 NEPLINE SDN BHD MALAYSIA JPrJr K.L.-(03) *****33.1,618 words
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Advertisement1097 1992-05-11 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND —DISCHARGXG WESTBOUND LOADING TKMSHWH) VIA ROTTERDAM ws«ls wt1,097 words
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Page 34 Advertisements
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Advertisement1198 1992-05-11 34 ■ft'- O «pp-f t AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) mb mmm v TEL' *****77 TELEX: KAWAKIRS23I6S FAX: *****07/8/9 1 l\l |4 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD MJJ TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA1,198 words
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Advertisement1109 1992-05-11 34 PHILI-OM€NT UN€S PT€ LTD <#-% 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00Te1ex:R*****0FAX:*****76 *****38 Cfi) BY AIR, LAND OR SEA.... Sglr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUAJNEW ZEALAND/SOUTH PACIFIC *****8311}" 18 MAY SYDNEY. MELBOURNE. BRISBANE. FREMANTLE ruDl ul orH1,109 words
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Page 35 Advertisements
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Advertisement1693 1992-05-11 35 ■ggSsDH PACIFIC INTERNATIONAL LINES (PTE) LTD *****5? JVJHhb 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 OR NO: *****6700QQE I 11| 11 11| 11 I JAKARTA 1 IBANQKOK 1 _J U—- voy S|N WCK SIN VE3BEL VOY SIN JKT SIN aIN TANG KBT2IB 12/5 15/5 BUNQA TERATAI 1»31,693 words
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Advertisement704 1992-05-11 35 EXPRESS CONTAINER SERVICE TO UK-NORTTi CONTINENT-SCANDINAVIA WEEKLY j FEEDER VESSEL PENANG P KELANG OCEAN VSL/VOy" SIN SOU (I RTM_<2) HAM (3) GOT ;4) j ANSON/TBN 8/5 9/5 TOYAMA 2182 12/5 29/5 31/5 W6 3/6 j ANSON/TBN 15/5 '6/5 ARQSIA 2192 '9/5 5* 7/6 8/6 10/6 ANSON/TBN 22/5 23/5 NIHQN 2202704 words
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Advertisement305 1992-05-11 35 mm MYANMA H FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PA AN VI77W 16/18 May 12/14 «*»T AGAN VII3W 25/21 PAAN Vl7l* a/10 )un NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.4t SINGAPORE 22 May ETA Lagos 15 Jun Harcourt 17305 words
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Page 38 Advertisements
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Advertisement2644 1992-05-11 38 Conventional Semi-Container Full Container t iner Services Liner Services m—hm99** Cuan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.I. GMut Putra Indonesia maritime t% .General Agents: Booking Agents: w Perusun »j,j v«jj Musj /9 a uun ho»i h>i« jmttt Jmrnuat/n benerai agents. book iny Aycnts. f t*usjt Virk2,644 words
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Advertisement298 1992-05-11 38 samuobu mmesia is) rn ltd IS McCALLUM STREET #14-04 NATWEST CENTRE tIWPOW 01M TClmb RS»I4O T«fc 22MM1-1 F(i: US 4S3S. 2*7* l* FQH BOOKINGS CALL DIRECT SM/JAK SERVICE VESSEL voy sin jak LAWANTI 960 IN PT 13/06 (WED) MERKUR DELTA 922 12/05 (TUE) 16/05 (SAT) DERAJAT 961 12/05 (TUE) 15/05298 words
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Page 39 Advertisements
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Advertisement581 1992-05-11 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES LIMASSOL/PIRE AUS 17/5 ROTTERDAM IjwFA/ASHDOO/ALEXANDRIA 17/5 HAMBURG/BREMEN 17/5 MARSEILLE/FRANCE 17/5 FEIIXSTOWE/UK 17/5 TARCELONA/SPAIN 1775 LEHAVRE/ANTWERP 17/5 GENOA/ITALY 17/5 GOTHENBURG/SCANDINAVIA 17/5 LOS ANGELES/WC/IPI 17/5 SYDNEY/MELBOURNE 15/5 NEW YORK/EC 17/5 FREMANTLE 15/5 VANCOUVER 17/5 BRISBANE/ADELAIDE581 words
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Advertisement1273 1992-05-11 39 fg RICHFIELD MARINE AGENCIES (S) PTE LTD B3 TEL: *****33 (12 LIom) BFAX: *****15/*****03 TELEX: W8 ***** RIBHIP (3 Un—) |Gg\ ETHIOPIAN SWPMNfi LWfS y 1 (National Lines of Ethiopia) ACCEPTING FCL AMD CONVENTIONAL VESSEL VOY lOAOIMj FOB SPORE NET SANE I ?6VVB OS 06 OARFSSAIAAM MOMBASA DJIBOUTI ASSAB MASSAVYA1,273 words
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Advertisement329 1992-05-11 39 hgea-IK VOY SOIGAPORE MADRAS SMGAPORE Tssa MM MT" HGtR BRDGt 203N 11-11/05 10-10/05 24-25/05 IQI sim IW 13-14/05 20-22/05 21-21/05 TIGUt SPEED 204W 10-17/05 23-25/05 30-31/05 tKER CIOUO If 20-21/05 20-21/05 03-00/00 ~VSL VOY SMGAPOnE/CALCUTTA/SMGAPONE mssti *ot a» c*i m let I RIVER 149CN8 09-10/05 14-20/05 20-27/05 EMU BREIiE 013329 words
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Page 40 Advertisements
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Advertisement1439 1992-05-11 40 MAC-NELS S'PORE IMPORT: *****11 j PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 1 P-KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 i ij j j ***** ji n. 11. uim ii in. .j j i j'»i. 11 j 11.. 11 ji1,439 words
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Advertisement256 1992-05-11 40 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIM NPI MU I*' Hi SIAR 1519 15/5 27/5 WIA NPI 2«/5 15/| PRIWIR ISS 29/5 10/6 JflJ NPI MOIBiRA 27S 12/6 24/6 Vl* NPI 26/6 13// FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW256 words
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Advertisement1084 1992-05-11 40 /#7 THONG SOON LINES PTE. LTD. JR 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** IENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOT [ETA [OfST VESSEL VOT SPOIE1,084 words
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Page 41 Advertisements
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Advertisement770 1992-05-11 41 »uucs, monaay nuy 11 im COMPANIA PERUANA \JBex de vapores "PERUVIAN STATF LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 110* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BJLL Of LADING. WR "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/lAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA.770 words
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Advertisement516 1992-05-11 41 czji i meSHI N.AMERICA/CARRIBEAN SERVICES vcsitL Ivov tsiw Imaohe* |vot |i*» |nsi |sav |ntc |m« 71 meihour* 21* Ihi. aUAHMMI- IJL- lii- ll±- -Li- -Um AltMICRt* HI »-i fIMSAVAMWH 37E 16 6 25,6 29 6 1/7 3/7 /I raohskjmg 133 L -ki- lflJ_ nil. lid'Z P, .1 lt» "6 K516 words
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Advertisement573 1992-05-11 41 MULTI-MOCE SHIPPING Pit LTfl 1 MIDDLE-EAST/PERSIAN GULF f ACCEPTING FCL/LCL OUKAI DAMMAN SHABIAH DOHA MUSCAT. BAHRAIN ABU WIABI BANDAR ABBAS lIDOAH j FAR EAST ACCEPTING FCL/LCL PINAN(. H HUANG JAKARTA BANGKOK HONI. KONG lAIWAN lAPAN MANIIA KORTA UK/EUROPE ACCEPTING FCL/LCL lONDON TELIXSTOVYE LEEDS TIIBURV ABERDEEN It MARVE i HAMBURG ROTTERDAM573 words
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Advertisement535 1992-05-11 41 9a MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA j VSI: FREITAL ETA SIN 20 MAY TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE I EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKING LUCKY535 words
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Advertisement449 1992-05-11 41 SIN fit 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 SIN CNIM 17/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo sjN imn/w I 16/5 LDN/FLX/LVP/SOU 16/5 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CJUIAH 17/5449 words
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Page 42 Advertisements
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Advertisement815 1992-05-11 42 «T FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA VSL SIN/MADRAS VSL SIN/CALCUTTA SM MAO SIM SM CKi SM NtU AVAR ABU 05 0« 05 13 14 05 20 21/05 MIT AVAAABIt 05 05/05 11 15/05 21 22 05 10 11/05 18 11/05 2* 25/05 0* 09/05 15 19/05 25 26815 words
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Advertisement439 1992-05-11 42 Eonterm] CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO: AUCKLAND 15 May j BANGKOK 17 May FREMANTLE 14 May EUROPE 17 May GOTHENBURG 17 May PENANG 18 May PORT KELANG 15 May JAKARTA 13 May L MELBOURNE 19 May I SYDNEY 19 May y 235 0633439 words
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Advertisement492 1992-05-11 42 This Week's Sailings ETD ETD lo Singapore Singapore Bangkok 17/05/92 1 16/05/92 ic/nc/o-> Los Angeles Mt «Si3® Manila 15/05/92 (Onforwarding To Mid West/ 17/05/92 Colombo 18/05/92 feb Far■ (nim« j smMM Singapore 778 6522 779 2738 A~ w t 7Br f 1 07-*****8 07-*****3 Alfred Ng MIS Jakarta 021-*****40 021-*****01492 words
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Advertisement436 1992-05-11 42 FCL/LCL SERVICES MANILA ETA VIGOUR SINGAPORE 26N8 16/5 VIGOUR PACIFIC 63N8 23/5 BANGKOK 11/5 17/5 BUSAN 18/5 25 5 HONGKONG 13 5 16/5 US A 18/5 25/5 PT LOUIS DURBAN 18 5 16 KEELUNG 18/5 25/5 PI KELANG 15,5 18/5 OSAKA 13/5 20/5 PIRAEUS 17/5 24/5 KOBE 17/5 24/5 JAKARTA436 words
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Advertisement16 1992-05-11 43 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.16 words
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Advertisement302 1992-05-11 43 \Oc vO c vQc vCI)c Oc Oc vd>c U VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION 0 VOTAINER CONSOLIDATION SERVICES: )> n THE ONLY CONSQUQAKBWHH WORLDWIDE NETWORK V J Weekly FCLA.CL Sendees V > USA EUROPE FAR EAST > BaMmm Vottner Consolldalton Services Jiff** Van Oraneren Hamburg Gmfift pore:302 words
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Page 43 Miscellaneous
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Miscellaneous462 1992-05-11 43 TIDES AND WEATHER TOOm IIICS (height in metres) HOW MM IIMKMI3M MM (Ml MM I7N MM MM*************************600 *****M***** 2000 2100 2200 2300 JR 13 14 16 19 23 25 26 25 22 I I 1.4 1.1 08 07 08 10 13 17 20 22 2.2 2.1 18 15 PP 12462 words
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Advertisement240 1992-05-11 44 i' H' ■■■■in jipl B32b3mZ3*S9D9K H *?4 iumjsSMt r HSEpjl''« /J -Jplftftf CM* tAMM BS ~€*j|gy> a«wn» It* Iwirtcfc,./ )www* >e^'c'--"'^---^ '•>" i IMHintglS A«r hit »»—mMMfe-- y jA' J< it. rMrH twAiin tin. Unto* «3l > <^ f -<n i mB[P|PK '^^PPPII T*®" flfppjpr i£> J?«-, jOr?W. WW riitt240 words
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Advertisement385 1992-05-11 44 Don't miss Personal Finance Investment in Business Times every Saturday JL cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR: A VESSEL 28/05 Rotterdam/Antwerp CHINA CONVENTION At SERVICE VESSEL PKL PNG P.G. LOADING FOR: KAIHENG 15/05 20/05 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANGK OK/HONGKONG EUROPE/CONTINENTAL385 words
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Advertisement19 1992-05-11 44 Find out how sellers are reaching out i i to buyers in Advertising and Marketing. Every Thursday in BT19 words
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Advertisement1202 1992-05-11 45 I A HYUNDAI I MERCHANT VIA FEEDER PACIFIC SOUTH-WEST SERVICE PM>* IKE* PCD* S«r TO USA VOY KAO LBH OAK DM./HOU CHI SIU WYC 28/04 22/04 24/04 01/05 H INNOVATOR 49C 08/05 25/05 28/05 28/05 29/05 29/05 31/05 05/05 29/04 01/05 08/05 H. EXPLOttK 48E 15/05 01/06 04/0« 04/06 05/061,202 words
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Advertisement473 1992-05-11 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ■HSU m V Nut u I ALIA MIA 3 SM M Pt TRARS AIT* 1* M Pt MM IS/S SUI CEOAR 32 H/S SOMAI 13 12/5 14/1 St A LAM S3 13/S U/S TADJIK EMS 22 20 5 22473 words
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Advertisement717 1992-05-11 45 EXPOR^O^^^^ JEDDAH/UK/CONTNENT I STORE IIEO S TON HWMG RDM l£H Ah* Acc«fdn| Cap fw. LA JOK 24/111 14/5 23/5 t/( 2/( 1/C Rotterdam :t. M Aattw), AM* (Mi. IMM HOECMST EXPRESS *03/311 17/5 3/C S/C </( 1/C :toM BR MMk Baßaat mi OMh HAMBURG EXPRESS V M/ 128 22/5 »/5717 words
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Advertisement114 1992-05-11 45 BINTAMG MAS SHIPPING PTE. LTD. 39 NEIL ROM) SWGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 icam win or j ran cmo asifunow i mmtmk saw (ill kin uH** orio mCUtVKMI W* IMIkl lh»». ■HTMK KLMT *111 IS-U "»T U-M "»T —J mam ink km w-n i»-» l*"* w114 words
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Advertisement104 1992-05-11 46 Every Saturday in Business Times w^*^»«»' M i»i' > v' 's /~^\/^lt could be a controversial deal between two stock 17 v\ market stars, a thought-provoking report by -|J/ university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them104 words
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Advertisement52 1992-05-11 46 Every Saturday in Business Times JU« Enquiries jj Welcome —vj L* Shipping Services J_ INDONESIAN STEVEDORE PORT SERVICES For all Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE t MIM? Y52 words
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