The Business Times, 28 May 1992

Microfilm: NL18202
Total Pages: 52
1 52 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    16 1 Business Times MITA (P) 35/12/91 Thursday, May 28, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
    16 words
  • NEWS SUMMARY
    • Article
      India, Bangladesh sign three bilateral accords
      69 1 NEW DELHI Bangladesh and India signed three bilateral pacts here yesterday, alter a second round of summit talks between their Prime Ministers, who agreed to boost efforts for a crucial water-sharing settlement. Full details were unavailable, but officials said the agreements dealt with cultural
      69 words
    • Article
      Myanmar junta frees 16 more
      26 1 BANGKOK Myanmar's ruling military government released 16 more imprisoned political opponents yesterday, official Radio Rangoon said in a broadcast monitored here.
      26 words
    • Article
      Report on boards
      33 1 A REPORT on tightening control over the boards of British companies, due out late yesterday, is expected to provoke a stream of controversy in business and political circles. Page 2
      33 words
    • Article
      Good kick-off
      32 1 TRADING on the new Rubber Association of Singapore (RAS) Commodity Exchange got off to a good start yesterday with the exchange proving to be popular with local traders Page 3
      32 words
    • Article
      Who's running Thailand?
      32 1 THAILAND is floundering without a real government while the military, defying calls for retribution for its massacre of pro-democracy demonstrators, is still the whiphand, diplomats said yesterday. Page 3
      32 words
    • Article
      Costly anarchy
      35 1 BUILDING industry anarchy in the Australian state of New South Wales, provoked mainly by former British and Irish trade unionists, has cost billions of dollars, said a report on the industry Page 8
      35 words
    • Article
      Financing unification
      33 1 ON THE EVE of cross-party talks on Germany's budget crisis, government and opposition parties squabbled on Tuesday over whether the rich should pay more tax to finance German unification. Page 9
      33 words
    • Article
      Nedlloyd to add ship
      41 1 IN A BID to grab a bigger share of an expanding market, Dutch major Nedlloyd Lines is planning to deploy a fifth vessel on its liner service linking South-east Asia to New Zealand. Shipping Times Page 1
      41 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      25 1 WALL STREET showed some spotty gains yesterday. The Dow Jones average edged up 4.41 points to 3,368.62 in the first hour of trading.
      25 words
    • Article
      Footsie lower
      23 1 LONDON share prices were lower yesterday morning. At 1130 GMT, the broad-based FTSE 100-share index was down 14.2 points at 2,690.4.
      23 words
    • Article
      Open battle for FCW
      39 1 THE takeover battle for Malaysia's Federal Cables Wires Manufacturing Bhd (FCW) has been thrown wide open with the Panel on Takeovers and Mergers approving all three offer bids for the company. sources said Page 4
      39 words
    • Article
      High chance of rate cut
      24 1 EXPECTATIONS of another DBS Bank-led interest rate reductions in Singapore may be fulfilled sooner rather than later Page 4
      24 words
    • Article
      Bid for Cavendish
      37 1 LI Ka-shing's flagship Hutchison Whampoa wants to wholly own Cavendish International Holdings. It is offering HKSS.SO for each Cavendish share it does not already own, valuing the diversified group at HKSI6 billion Page 5
      37 words
    • Article
      Taiwan to ease curbs
      35 1 TAIWAN will remove a major restriction on financial ties with China by allowing its banks to handle flows of corporate investment capital to the Chinese mainland, officials said yesterday Page 7
      35 words
    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 721.47 +3.75 Kuala Lumpur ....591.20 -1.32 Tokyo 17.822.56 -382.08 Hongkong 6.082.70 30.62 Sydney 1.665.9 -8.3 Tuesday Change New York 3.364.21 -22.56 London 2.704.6 -10.4
      29 words
    • Article
      CURRENCIES
      31 1 London Gold AM fix USS338.45 USS 1.45 Exchange rates USS SS 1.6320 100 Yen SS 1.2573 MS SS 0.6461 Money market rates Overnight 2 5/8 -1/4 3-month 3 1/16 unch
      31 words
    • Article
      COMMODITIES
      30 1 Rubber S'pore June 139.00*/kg +1 M'sia June 218.00*/kg unch KL Tin Turnover 40 tonnes +5 Spot \1Sl5.52/kg +6 Crude palm oil Turnover 1,093 lots +12 July MS860 /tonne +1
      30 words
  • Article
    China pays record HK$3.8b for HK office building
    460 1  -  From Catherine Ong in HONGKONG A CHINA-led consortium has set a record price for first-class office space in Hongkong following a HKS3.B billion (SSBOB million) deal yesterday to buy the newest office building in the ccntral business district from Hongkong Land Holdings.
    460 words
  • Article
    Taiwanese firms urged not to invest in Malaysia
    586 1  -  Taipei analysts, KL officials surprised By Walton Morais SINGAPORE A top Taiwanese official has warned local businessmen against investing in Malaysia in a move analysts said could be aimed at diversifying overseas investments and retaining high-technology industries in the country. Taiwan's Vice-Economics
    586 words
  • Article
    US$1 crude oil price jump causes flurry on Simex
    405 1  -  By Shoeb Kagda SINGAPORE Crude oil prices jumped in New York and London on Tuesday on news that the Saudi Arabian government would no longer act to moderate them. Crude prices on the New York Mercantile Exchange rose by more than
    405 words
  • Article
    Trends in BT today
    118 1 Trends, a monthly four-page publication of the Institute of Southeast Asian Studies, appears in today's Business Times. The lead story in this month's issue is Vietnam's learning experience with market friendly economic development. It examines the extent of economic reforms in Vietnam and enumerates what other
    118 words
  • Article
    S'pore petrochem producers worried by KL's tariff move
    425 1  -  By Lilian Ang SINGAPORE Local petrochemical producers fear that Malaysia's move to erect more import tariffs could further dampen their already weak business, and even short-circuit their plans for a $4 billion expansion project. The two main operators which will be affected
    425 words
  • Article
    STII crosses 1,500
    132 1 SINGAPORE Feeding on expectations that a cut in banks' prime lending rates was in the offing, investors continued to snap up banking and property stocks yesterday. This buying pushed the benchmark Straits Times Industrials Index past the critical 1,500 level to close at 1,506.54, its highest level
    132 words
  • Article
    Lock icon New Thai PM
    61 1 LATEST AFP BANGKOK The leader of the Chart Thai party has been nominated to be prime minister by the five parties which formed Thailand's last administration under ousted General Suchinda Kraprayoon. The pro-military parties yesterday announced their decision to put forward Air Chief Marshal Somboon Rahong and
    AFP  -  61 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      226 1 .1 I Burberrys i Ht -D %J Reigns when it pours Ad Marketing 14 Jakarta Bangkok Stocks 21 TV Radio 12 Arcraft Schedule 27 KLSE 19 Unit Trusts 18 Commodities 26 Money Changer Rates 25 Weather 27 Company News 4-6 Money Market 25 Work) News 9 Cryptic Crossword 27 Regional
      226 words
    • Advertisement
      Page 1 Advertisements Column 2
      11 1 Taiwan to ease curbs on banking ties with China, Pg 7
      11 words
    • Advertisement
      Page 1 Advertisements Column 3
      105 1 TOTAL TRANSPORTATION SERVICES CROWN tl? BftCIFIC 36 Pioneer Road Singapore 2262 Fax: 862 2840 Tlx: RS ***** CRW NPAC Tel: 861 6818 Malaysian petrochem project's sales hit by Pg 2 Hock Lock Slew, Pg 4 I7te ofPerfection Our tradition of offering only the most exquisite dishes splendidly prepared by our
      105 words
    • Advertisement
      Page 1 Advertisements Column 4
      3 1 See Pg 3
      3 words
Page thumbnail Page 2
  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Report expected to shake up life in UK boardrooms
      385 2 Recommendations include code of practice for directors Reuter LONDON A report on tightening control over the boards of British companies, due out late yesterday, is expected to provoke a stream of controversy in business and political circles. According to committee members
      Reuter  -  385 words
    • Article
      India acts to open power-generation to foreign investment
      232 2  -  By Harish Mehta SINGAPORE India has opened its government-domi-nated power-generation sector to overseas investors, offering new incentives such as 100 per cent foreign ownership of electricity projects. The Indian Minister of State for Power, Kalp Nath Rai, said yesterday at the Asian
      232 words
    • Article
      Wing Tai raises $30m with placement of 17.6m new shares
      228 2  -  By Quak Hiang Whai SINGAPORE Publiclylisted Wing Tai Holdings Ltd yesterday released 17.6 million new shares, or 10 per cent of its paid-up capital, at $1.72 apiece. The private placement, done through broker Kim Eng Securities, raised about $30 million
      228 words
    • Article
      Malaysian petrochem project's sales hit by tariff
      284 2  -  By Lilian Ang SINGAPORE A new import tariff introduced by Malaysia to protect its first petrochemical project has, ironically, slowed down sales for its owners, the Titan group. Sources say plastics fabricators, who buy the petrochemicals as raw materials for their products, had
      284 words
    • Article
      Conner's Penang plant to make 2.5-inch drives soon
      379 2  -  From Claire Leow in PENANG CONNER Peripherals will begin making 2.5-inch disk drives at its Penang plant in the third quarter of this year. The managing director of the plant, Patrick Yeo, said yesterday that production lines were being built for the
      379 words
    • Article, Illustration
      HDB announces precincts for next phase of upgrading plan
      463 2  -  By Colin Tan SINGAPORE The Housing and Development Board has finally released details of the flats that will be covered under the next phase of its massive $12 billion to $15 billion upgrading programme. The board said yesterday that 4,464 two
      463 words
    • Article
      Lock icon Thai ruling coalition picks Somboon as PM
      364 3 Aftermath of Thai military crackdown AP, Reuter, AFP BANGKOK Thailand's five pro-military political parties which formed the government under General Suchinda Kraprayoon agreed yesterday to nominate the leader of the Chart Thai party as prime minister. The coalition announced their decision to put
      AP,; Reuter,; AFP  -  364 words
    • Article, Illustration
      Lock icon Military still holds whip as nation flounders with no real govt
      410 3 Reuter BANGKOK Thailand is floundering without a real government while the military, defying calls for retribution for its massacre of pro-democracy demonstrators, is still the whiphand, diplomats said yesterday. "I don't think anyone is running the country right now.
      Reuter  -  410 words
    • Article
      Businessmen and bankers assess damage, move to restore confidence
      314 3 BANGKOK Thailand's business and banking associations are putting their heads together to appraise the damage caused to the economy by last week's bloodshed and are seeking ways to restore the confidence of both local and foreign businesses, says a report in
      314 words
    • Article
      Lock icon Investors from HK pounce on Thai properties
      322 3 South China Morning Post HONGKONG Opportun- t istic property investors have started pouncing on Thai- land's troubled real estate t market, amid the country's political turmoil. I Estate agents in Bangkok 1 have received a string of en- < quiries this week, both
      South China Morning Post  -  322 words
    • Article
      New RAS exchange off to a successful start
      353 3  -  By Shoeb Kagda SINGAPORE Trading on the new Rubber Association of Singapore (RAS) Commodity Exchange got oIT to a good start yesterday with the exchange proving to be popular with local traders. "I would say it was a successful start both in
      353 words
    • Article
      Simex starts holiday trading
      340 3 SINGAPORE The Singapore International Monetary Exchange Ltd (Simex) yesterday told its members that some of its futures and options markets will open on Singapore public holidays. The change takes effect immediately, said a Simex announcement which confirmed a BT report last week. Simex president Ang Swee
      340 words
    • Article
      Asean chamber, ISEAS in research venture
      218 3  -  By Kenneth James SINGAPORE Asean business representatives team up today with think-tankers in a partnership aimed at linking the region's private sector interests with policy-makers and foreign investors in the region. Called The Asean-CCI Study Group, the initiative will be officially launched this afternoon
      218 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      27 2 EXCLUSIVELY AT: „0„S10S,. OMMAEV. CALEBS LAfAYETTE. ,CHA»C, A.EK.ET, HA A SHIRT IS A SHIRT IS A SHIRT ANY iVIAN WHO BELIEVES THIS IS ONIX FIT TO WORK
      27 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      20 3 Sole Agent and Serv.ce Centre: SILVAROYAL PTE LTD. 250 North Br.dge Road #15-01/02 Raffles C.ty Tower Singapore 0617. Tel: *****62
      20 words
    • Advertisement
      Page 3 Advertisements Column 2
      92 3 si nt 1 Wl 4' vjt '-f >i /fc i» set to (a^ cen ltesU8 e with 5 excl Usive y eme room a mam lounge Osacar Ci tyJust b m%v ou a simp, y toraoke s **m Wbe f "1 y,e\W cl ou sing ,f /o/ Us. fc^/cS KTV
      92 words
Page thumbnail Page 4
  • COMPANY NEWS 1
    • Article
      Takeover panel approves all 3 bids for Federal Cables
      453 4  -  From Leslie Lopez in KUALA LUMPUR THE takeover battle for Malaysia's Federal Cables Wires Manufacturing Bhd (FCW) has been thrown wide open, with the Panel on Takeovers and Mergers approving all three offer bids for the company, sources said. Executives involved
      453 words
    • Article, Illustration
      Expect rate cut hopes to come true soon
      564 4  -  HOCK^ By Alvin Tay SINGAPORE With news of Hongkong's interest rate cut pushing the Hang Seng Index past 6,000 points for the first time on Monday, local investors were hoping that the Singapore banks could provide the same stimulus for the local
      564 words
    • Article
      CMB Packaging S'pore to play key regional role
      362 4  -  By William Chia SINGAPORE The giant CMB Packaging group is reorganising its Singapore unit to make the latter its regional headquarters for the Asia-Pacific region. David O'Shaughnessy, chairman of CMB Packaging Singapore Ltd, said at the company's annual general meeting yesterday that
      362 words
    • Article
      Jack Chia-MPH group profits plunge 72pc
      321 4 SINGAPORE Group profit dropped significantly for Jack Chia-MPH Ltd for the year ended March 31, 1992. Earnings slumped from $13.47 million in the previous period, to $3.84 million in the year under review, a decline of 72 per cent. Turnover, too, fell to $250.42
      321 words
    • Article, Illustration
      Lock icon U Ka-shing's group offers to buy rest of Cavendish
      323 5 AFP HONGKONG Li Kashing's flagship Hutchison Whampoa Ltd yesterday announced plans to take over Cavendish International Holdings Ltd, valuing the diversified group at HKSI6 billion (553.37 billion). The group, which already owns 65 per cent of Hong-kong-listed Cavendish, will offer HKSS.SO
      AFP  -  323 words
    • Article
      Lock icon Fletcher shares plunge on loss forecast
      379 5 Reuter AUCKLAND Shares in New Zealand's biggest company Fletcher Challenge plunged yesterday after it announced a hefty property writedown that would send it into the red for the first time. But share analysts said international investors would be delighted that the forestry-energy-construction concern had
      Reuter  -  379 words
    • Article
      Lock icon Peregrine takes 10pc stake in Hongkong Fortune
      209 5 South China Morning Post HONGKONG Peregrine Investments Holdings has taken about 10 per cent equity in Hongkong Fortune, which recently announced a major development in Shanghai's Pudong district. Peregrine managing director Francis Leung Pak To revealed the group's investment after the annual meeting
      South China Morning Post  -  209 words
    • Article
      Lock icon Seoul market sees only trickle of foreign funds
      639 5 US, Japanese institutions stay away MARKET Reuter SEOUL Before the Seoul stock market opened to international investment earlier j this year, market analysts had warned of a flood of Japanese capital swamping corpo- j rate South Korea. So foreign ownership rules were
      Reuter  -  639 words
    • COMPANY BRIEFS
      • Article
        Bangkok Bank shares to trade at split
        82 6 BANGKOK The Stock Exchange of Thailand announced Bangkok Bank Ltd shares will trade at a split 10-baht par from May 29, against a previous 100 baht (556.30). Brokers said the change is expected to partly boost a weak market hurt by political uncertainty,
        82 words
      • Article
        Body Shop's pre-tax up 26pc
        77 6 LONDON Beauty products group Body Shop International pic reported a 26 per cent increase in 1991/92 pre-tax profits to £25.2 million (Ss73 million) and said it opened 148 new shops during the year. In the UK, the number of outlets rose to 210 from 173,
        77 words
      • Article
        Revlon returning to stock market
        82 6 NEW YORK Revlon, the cosmetics and consumer products company taken over by Ronald Perelman, the corporate raider, after a bruising bid battle in 1985, is coming back to the stock market. The New York-based company announced on Tuesday that it planned to transfer its cosmetics,
        82 words
      • Article
        Pepsi-Cola lottery fizzles out
        70 6 MANILA Thousands of irate consumers swamped Pep-si-Cola offices and warehouses in the Philippines yesterday, after the soft drink firm committed a massive foul-up in a highly popular promotional lottery. Police commandos had to be called in to prevent a riot by contest participants demanding payment for
        70 words
    • Article
      Finland's Nokia seeks to expand Asian presence
      307 6  -  From S N Vasuki in Helsinki FINNISH telecommunications and mobile phone manufacturer, Nokia OY, plans to expand its Asian operations at a time when other European manufacturers are looking inward into the huge European market. Nokia officials told BT that existing European Community
      307 words
    • Article
      Lock icon AT&T hires 100 Russian fibre-optics researchers
      505 6 Reuter NEW YORK American Telephone Telegraph Co said on Tuesday it has hired the services of 100 top Russian physicists in what some analysts called a coup in the former Soviet heartland. Under the pact, AT&T Bell Labs scientists will collaborate with fibre optics
      Reuter  -  505 words
    • Article
      Lock icon Hyundai warned, executive faces criminal probe
      172 6 Reuter SEOUL South Korea's securities watchdog said it has ruled that Hyundai group founder Chung Ju Yung, four members of his family and 35 group units engaged in share sale irregularities, but issued only a warning. But the executive who headed up the group's
      Reuter  -  172 words
    • Article
      Lock icon New £500m loan needed to save O&Y's Canary Wharf
      360 6 The UK property slump FT LONDON Bankers to Canary Wharf are being asked to provide another £500 million (551.45 billion) loan facility to keep the project owned by Olympia and York Developments out of the hands of the receivers and to
      FT  -  360 words
    • Article
      Lock icon Disposal of Mountleigh may take years: receiver
      241 6 FT LONDON The disposal of Mountleigh's £400 million (551.16 billion) UK property portfolio could take years, according to KPMG Peat Marwick, the receiver appointed to the holding company on Monday. Stephen James of KPMG Peat Marwkk said he had already received interest from
      FT  -  241 words
    • Article, Illustration
      Lock icon Sony plans to start selling recordable minidisc in Nov
      576 6 IHT, AFP TOKYO Kicking off the next great clash in consumer i audio, Sony Corp said on i Tuesday it would begin Japa- 1 nese sales of its recordable < minidisc (MD) audio system 1 in November for 80,000 yen (S$
      IHT,; AFP  -  576 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      198 4 GALLOP RI DGE] FOR ELEVEN VERY PRIVILEGED FAMILIES IT'S THE FULFILMENT OF A LIFELONG DREAM. THE PEAK OF MODERN LUXURY. FOR THEM, -V THE SEARCH IS OVER.^ Gallop Ridge. 11 double-storey bungalows of exquisite taste in Singapore's choicest residential district. Ifs perhaps the last bungalow development in the area. And
      198 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      110 5 I AT THEIR BOOTS. Ifvou know someone who's heading for the top in a large corporaiion, chances are he (or perhaps even she) is driving a Volvo Il| 940 GL. And it they're in a big hurry then it's probably a 940 Turbo, the newest and fastest of the range.
      110 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      52 6 PIA C E the I ParkView Singapore I You 'eat' at The New Orleans. I Or even 'dine' at The New Orleans. You experience The New of the world. An magic. Bayou 11 CAVENAGH ROAD (NEXT TO CUPPAGE CENTRE). SINGAPORE 0922 FOR RESERVATIONS CALL 733-8333 OWNED BY HARILELA HOTELS (S)
      52 words
    • Advertisement
      Page 6 Advertisements Column 2
      204 6 HOW TO f STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to slay successful in business, one has to be highly competitive.That means having the right image, up- to- dale office equipment and full time experienced staff; yet keeping low overheads Here at World Wide Business Centre Pie Ltd.
      204 words
Page thumbnail Page 7
  • FINANCIAL NEWS
    • Article
      Lock icon Taiwan to ease curbs on banking ties with China
      475 7 Banks allowed to handle capital flows to and from mainland AFP TAIPEI Taiwan will remove a major restriction on financial ties with China by allowing its banks to handle flows of corporate investment capital to the Chinese mainland, officials said yesterday.
      AFP  -  475 words
    • Article, Illustration
      Credit-card firms urged to focus on right market, not quantity
      405 7  -  By Koot Cho Teng SINGAPORE Credit-card companies should focus on reaching the right market rather than handing out as much plastic as possible, a major card issuer said. Tan Kay Hock, chairman of Malaysia's Johan Holdings, which holds the Diners
      405 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      12 7 i o o 5 49 or a o Ml o o 5
      12 words
    • Advertisement
      Page 7 Advertisements Column 2
      311 7 t**w,r ro SPALDING TOP-FUTE TOUR SERIES the 90$ give both distance and control whereas Top-Flite new breakthrough in golf ball technology. Built in the 100s give you unprecendented feel and control along I interest of better golfing. And for the golfer who wants with the Top-Flite distance you crave for.
      311 words
Page thumbnail Page 8
  • THE REGION
    • NOTE BOOK
      • Article
        Canberra may impose sanctions against Yangon
        117 8 CANBERRA The Australian government may be close to imposing economic sanctions against Myanmar, Foreign Minister Gareth Evans told parliament here yesterday. He conceded that Myanmar "may be entering into a new era", but said positive developments there were "few and far between, insubstantial and
        117 words
      • Article
        Spain plans more M'sian missions
        87 8 KUALA LUMPUR Spurred by the growing bilateral trade, Spain is in a rush to send more trade missions to Malaysia to assist its businessmen and investors identify the ample opportunities in Malaysia. At least two Spanish trade missions will arrive in Malaysia later this year
        87 words
      • Article
        Australia to build Viet coal plant
        84 8 CANBERRA Australia has signed a contract to build a Asls million (5518.4 million) coal-preparation plant in Vietnam, Minister for Trade and Overseas Development John Kerin announced yesterday. Mr Kerin said in a statement that the contract between Bulk Materials Coal Handling of Sydney and
        84 words
      • Article
        Call for action on Taiwan ban
        61 8 WELLINGTON New Zealand should demand that Taiwan lift import bans on agricultural produce from here and lower its tariffs on fruit, seafood and processed foodstuffs, government member of parliament Ross Meurant said yesterday. He said that recently in response to Taiwan requests, New Zealand
        61 words
      • Article
        Thailand may launch 2 power plants
        65 8 BANGKOK The Electricity Generating Authority of Thailand is considering launching two new power stations, at a cost of 20 billion baht (551.28 billion), to re-tap the hydro resources already used for power generation, said a Bangkok Post report. The report said the stations, of
        65 words
    • Article
      Lock icon Vietnamese to work in Russia under new conditions
      460 8 Progress made on rescheduling Hanoi's Soviet debt AFP HANOI Vietnam and Russia yesterday agreed on the broad lines of an accord that would allow some of the 30,000 Vietnamese in Russia to keep working there under new conditions, Russian diplomatic sources said.
      AFP  -  460 words
    • Article
      Lock icon Building anarchy costing New South Wales billions
      384 8 Report puts blame on huge union, urges its deregistration Reuter SYDNEY Building industry anarchy in Australia's most populous state, provoked mainly by former British and Irish trade unionists, has cost billions of dollars, said a report on the industry released on Tuesday. The
      Reuter  -  384 words
    • Article
      Unions in World Square project most disruptive in Australia
      357 8  -  From Florence Chong in SYDNEY SYDNEY Building unions involved with the now-closed World Square project in Sydney displayed the most disruptive working practices in Australia, according to a royal commission of inquiry. World Square, being developed by Ipoh Garden International Pte
      357 words
    • Article
      Lock icon Bank drafts with face value of M$16.9m missing, say police
      462 8 MBT. KUALA LUMPUR A total of 1,461 bank drafts with face value of M$ 16.908 million (S$ 10.821 million) issued by MIDF Consultancy and Corporate Services (MIDFCCS) have gone missing, Malaysian police said. Of this total, 51 refund cheques with
      MBT.  -  462 words
    • Article, Illustration
      The writing's on the wall
      51 8 HONGKONG Vietnamese boys doing their washing at a pl J^"^ h at "°"f n k0 S p^s e s^fo^ n SitrirriM Tuesday Britain and Vietnam had signed an agreement earlier this month, resuming the process more than 90,000 boat people crowding the colony s detention
      51 words
    • Article
      Lock icon Cheese, chickens, condoms in NZ dairy board line-up
      577 8 Dairy giant aims for an even wider product range Reuter W WELLINGTON Anchor butter, possibly New Zealand's most famous export, has some strange bedfellows in the New Zealand Dairy Board's product line-up, and they're getting stranger. The board sells Chinese condoms, US
      Reuter  -  577 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      72 8 tLre a »afood Lffet guaranteed to send seafood looer* into raptur*. Pictureplatter* of marinated a J smoLed seafood and frelk oysters. Jmayine jj f,.rr,-r IjsyM VLjL cUtcmLi, cu~i.> a J LU» in ILL Lm. Ll of„Ll to off*.) SLM fou Jtiftkan room for mor., v.'JLmoll <U, l*j o" cL.»caL.>, i
      72 words
Page thumbnail Page 9
  • THE WORLD
    • Article, Illustration
      Lock icon Bonn govt, opposition in row over taxing the rich
      450 9 Squabble on eve of cross-party talks to address budget problem Reuter BONN On the eve of cross-party talks on Germain's budget crisis, government and opposition parties squabbled on Tuesday over whether the rich should pay more tax to finance German .unification.
      Reuter  -  450 words
    • Article
      Lock icon US economy recovering but growth will be slow, say Fed presidents
      420 9 Central bank remains committed to curbing inflation Reuter BATON ROUGE, Louisiana The US economy has been showing signs of strength that should lead to sustained growth but at a slow pace, two Federal Reserve Bank presidents said on Tuesday.
      Reuter  -  420 words
    • Article
      Lock icon Economy of new Yugoslavia republic hit by ethnic unrest
      638 9 Reuter BELGRADE The new Federal Republic of Yugosla- via, a rump of two of the original six Balkan republics, has escaped war damage but its economy has been just as surely devastated by ethnic turmoil. The cost for Serbia and Montenegro
      Reuter  -  638 words
    • Article, Illustration
      Lock icon Yeltsin won't seek re-election as Russian president when term ends
      482 9 Reuter MOSCOW Boris Yeltsin, Russia's charismatic President, has said he plans to step down when his term ends in four years' time. But the country's first freely-elected president reiterated his determination to steer his country through the painful transition Irom
      Reuter  -  482 words
    • Article
      Lock icon Britain's net new mortgage commitments fall 20pc in April
      282 9 Reuter LONDON The amount of money British building societies promised to lend to house purchasers fell 20 per cent in April from March, dealing a blow to hopes of a quick rebound in the depressed residential housing market. Figures from the
      Reuter  -  282 words
    • WORLD WATCH
      • Article
        Japan's industrial output reverses downtrend
        100 9 TOKYO Japan's industrial output in April grew 0.7 per cent from March, the first increase since September and reversing a 2.6 per cent fall the previous month, the International Trade and Industry said yesterday. But the ministry said its index of mining and manufacturing was
        100 words
      • Article
        Third World population burden
        105 9 BASEL Developing countries will enjoy higher economic growth than the world average through 1996 but this will be sharply offset by a continued rise in population numbers, a research institute said on Tuesday. The European Centre for applied Economic Research said an analysis of 36 Third
        105 words
      • Article
        Doubts about new army corps
        88 9 BRUSSELS The United States, Britain and other Nato allies expressed misgivings on Tuesday about a planned Franco-Germany army corps that Washington and London fear could weaken the alliance. An agreement was signed last week to formally establish the 35,000-membcr unit, which France and Germany hope
        88 words
      • Article
        Chile posts 8.7pc growth
        62 9 SANTIAGO Chile's economy grew by 8.7 per cent during the first quarter of this year, compared to 9.8 per cent during the same period last year, the Central Bank reported. A Central Bank report published on Tuesday said that economic growth during the last 12-month period
        62 words
      • Article
        Walesa calls for new govt
        66 9 WARSAW President Lech Walesa has withdrawn his support of the crippled government of Prime Minister Jan Olszewski and asked parliament to "make a proper decision" on appointing a new one. The announcement came just hours after Mr Olszewski scored one of his few successes, an
        66 words
      • Article
        Apartheid meeting begins
        99 9 JOHANNESBURG Rank-and-file members of the African National Congress (ANC) are expected to press for a tough stance on redressing apartheid injustice at a key policy conference starting today. About 700 delegates are due to attend the four days of talks in Johannesburg where there may well be
        99 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      157 9 ARE YOU MMMmJ INTERESTED" 140 quality Amerkzmnumufacturersuall be auaikble for: TV T f I 'I T1 i Agricultural equipment chemicals Audiovisual I I I I I n Automotive parts accessories Avionics ground support Chemical petrochemical Commercial T Ari 11 1 nrn T T O Vessels (maritime) Computers peripherals I I
      157 words
    • Advertisement
      Page 9 Advertisements Column 2
      10 9 Managers must manage. Business Times shows you how every Monday.
      10 words
Page thumbnail Page 10
  • Article
    NWC does have role to play
    513 10 EDITORIAL WHEN the National Wages Council pronouneed its wage guidelines for this year on Tuesday, nobody whipped out a ealculator to figure out by how much their salaries would rise. This was because the NWC recommendations this year, as in the past four years,
    513 words
  • WHAT THE OTHERS SAY
    • Article
      Respect the people's wish
      224 10 THE Thai military crackdown has done untold damage to the country s economy and image abroad. Pro-democracy leaders have sworn to take to the streets again if their demand for a popularly elected leader is not met. With General Suchinda Kraprayoon's ignominious exit as prime minister,
      224 words
    • Article
      Strengthening unity
      146 10 PROMOTING religious and cultural understanding among the different races in Singapore is something that cannot be taken for granted. In this regard, the visit by members of the Singapore Federation ot Chinese Clan Associations (SFCCA) to the Singapore Islamic Centre last Saturday was significant. It was the first
      146 words
    • Article
      Breaking point
      136 10 INTIMATE SCENES depicting homosexuality in the SBC drama serial Breaking Point have drawn a barrage of criticisms from the public. The controversy showed that we are still living in a society steeped in traditional values. Earlier, the screening of R-rated movies in cinemas was also met by strong
      136 words
  • REGIONAL VIEWPOINTS
    • Article
      The Thai Solution
      156 10 WITH the Thai Parliament's blocking of further ambitions on the part of the military in the wake of last week's massacre in Bangkok, the question for the country to answer now is: Will all segments ot the forces accept the curtailment of their power.' There is no
      156 words
    • Article
      Misguided thinking
      194 10 PEOPLE have died in order to achieve change. As Parliament begins eflorts for constitutional amendments, a parallel move should be made tor a change in the thinking of the military whose misconceptions were the root cause ot the bloodshed. Since this requires no less than the re-education ot
      194 words
    • Article
      The people deserve better
      161 10 THE five parties in the pro-Suchinda coalition are shamelessly once again claiming the right to form another coalition government because they control a majority vote in the 360-mcmber House. This just goes to show that the leaders of these five parties have learned absolutely nothing from
      161 words
  • Article, Illustration
    Lock icon More new foods on the way to tables
    719 10  -  Warren Leary takes a look at the impaet of the new US government poliey on genetically engineered foods Warren Leary NYT Anew US government poliey for streamlining regulation of food produced through genetic engineering should result in an abundance of new. varied
    NYT  -  719 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      532 10 FOODTECH INTERNATIONAL FOOD AND UAG ROTECHNOLOGY CONFERENCE Frontiers And Opportunities In Food And Agrotechnology ASIA '92 17.19 June 1992 Hyatt Regency Singapore Sweet Potato as Alternative Food Day 2: Agrotecnnoiogy Ingredient The Pangaslnan Experience BHMMPMffVPnffIiH Ms Carol Bautlsta Keynote Address: Division Chief Technology for the Production of Marketing A International
      532 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      48 10 DOONESBURY by garry trudeau PETER ALTHOUGH PBXOT PtW&6CWAJ JFA&OWNG W...P&UTMSSJI6MTIZ&? SWANW r V /<; UJr>R]an6 FEVERISH' Y UA&UTKS THTDA9S£TS. JUST A3 I POSITIONS AS SMUJHING THAT EORSOMB- Of COURSE II I %jgrsA MBOFPOSmONS IT'S HYPOCRISY AS "EVOLUTION "AHP \W$ Be€U M£ TO WfJGTWS OMR.HIS j -peFSOm GROWTH".. \IONOfANCeASfWTIOM. PURITY
      48 words
Page thumbnail Page 11
  • ANALYSIS
    • Article
      Lock icon Questioning the awesome power of a Triple-A rating
      877 11  -  Richard Waters examines the impact of the two dominant credit rating agencies. Moody's and Standard Poor's, on world financial markets and the concerns about their power Richard Waters FT ON Church Street in Manhattan, in a building sandwiched between City Hall and
      FT  -  877 words
    • Article, Illustration
      Chemical giant putting up a keen fight in tough times
      1199 11  -  German chemical giant BASF has fallen on hard times, with no recovery in sight this year. Chairman Dr Juergen Strube talks to Genevieve Cua about the prospects for the group and the industry in general Genevieve Cua RECESSION lingers on
      1,199 words
    • Article, Illustration
      Lock icon Re-energising American entrepreneurship
      891 11  -  Barbara Franklin, a former management consultant, was recently named to be the US Secretary of Commerce. She spoke about trade issues with Tom Redburn last week in Paris at the OECD meeting Tom Redburn IHT Q: Despite the serious economic problems facing industrial nations, OECD policy-makers seem
      IHT  -  891 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      1115 12 M Nothing BeaftsAßud. ft&Vfll where to wine, dine FKINC OF i=s=======i=^==^Tr Siii Tr m Tr mm i\ GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR
      1,115 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      545 12 TELEVISION AND RADIO TX 1 HST~ S2S«S£ ,M> BUSINESS ON RADIO r jirGntsl Danes 55 «<*»»*. p.-- BB c. 88.9 m HI -m MM A ill VlltUl 700 CNN finds out ton ightt Stereo). 6.00 News. 7.05 am. 1.30p«n, 5.05pm, 1.05 am: MgTyaWM s!00 Top Cops. OlVicer Woods tells 10.30
      545 words
Page thumbnail Page 13
  • LIFESTYLE
    • Article, Illustration
      Lock icon More than a handful
      889 13  -  Help is on the way for mums and dads who have two or more squealing babies all identical. Elisabeth Rosenthal reports Elisabeth Rosenthal NYT FOR most people, The Triplet Connection newsletter is like an exotic travel guide, filled with captivating tales from a strange realm you
      NYT  -  889 words
    • Article
      Lock icon Not just another hamburger joint
      528 13 Grilled cod, lasagna and salad at McDonald's? The fast-food chain is trying to woo Americans into wining and dining at its restaurants AP MCDONALDS Corp is turning up the heat in its test kitchens to cook up a dinner menu aimed at persuading America to
      AP  -  528 words
    • Article, Illustration
      Oscar winner Huston marries sculptor
      568 13 CHATTERBOX ANJELICA HUSTON, the Academy Award-winning actress, married Robert Graham, a sculptor, before a crowd of celebrities on Saturday at the Bel-Air Hotel in Los Angeles, said publicity agent Susan Geller. The wedding party included Jeiry Hall, model and wife of Mick Jagger: magazine editor
      568 words
    • Article
      Lock icon Where it's OK to be ugly
      409 13 Reuter California has long welcomed "beautiful people" in search of movie stardom and the perfect suntan, but one town is now bucking tradition and opening its arms to ugly folks. On Thursday, Santa Cruz will impose an unprecedented ban on discrimination in employment and
      Reuter  -  409 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      198 13 AND ENTERTAIN i lIPb I The musical magic of FRANK ROBIN I arrives at Ridleys. I Catch their versatile act of country and I western contemporary hits at happy hours. I Mon to Sat 7pm to 10pm I ANA HOTEL I SINGAPORE an drink* M half bar price IDO THE
      198 words
    • Advertisement
      Page 13 Advertisements Column 2
      111 13 THE PALM GRILL LIGHTENS UP. Casual evening dining comes to Singapore's premier restaurant. salad Out with t just the way you like it. formal d.ning with a trio to set the night to goes with it. In with a more music. And best of all, in with casual, relaxed approach
      111 words
Page thumbnail Page 14
  • ADVERTISING & MARKETING
    • Article, Illustration
      Come on and be my good luck charm
      908 14  -  For a mascot to be successful, the public must be able to identify it instantly with the company. But it takes at least half a year of aggressive promotion before that can happen. Clarissa Tan looks at the making of a mascot.
      908 words
    • Article
      Let your brand be known
      380 14  -  Andrew Kefford takes another look at the benefits of brand advertising. Andrew Kefford The writer is managing director of Advertising Advisory Centre. NOW is a good time to re-examine the value of your brand's equity, its perceived value in the consumer's mind and the time,
      380 words
    • Article
      Simple, did you say?
      217 14 THE idea of straws leaving a competitor's packet drinks and attaching themselves to a Yeo's pack is simple enough. But achieving it in the television advertisement without experienced back-up was more of a horror story. The Ball Partnership found. "All along we'd seen in our minds'
      217 words
    • Article
      COPY LINES
      237 14 SINGAPORE "Duelling drummers", DMB&B Tokyu's spot for Toshiba Nicam Stereo TV, has picked up a merit award at the United States Art Directors Club. The advertisement, showing two Kodo-style drummers and a dog, features Toshiba s bass reproduction. It was selected from over 15,000 entries worldwide. The creative
      237 words
    • Article, Illustration
      Showing off effectively
      467 14  -  You've heard of show rooms and show houses. Now comes the show suite. Colin Tan reports on the latest strategy to sell property. Colin Tan OFFICE agents anxious to sign up tenants in the light of excess supply over the next 12 months have come up with
      467 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      316 14 THE WINNING TO IN-DEPTH Maffl BUSINESS wßh \ll iTT 7O For over two decades Singapore Business has covered H Xlxl the local and regional business scene with more depth and 1 IJU iT VJ breadth from a perspective which is more relevant to local businessmen than any other publication. Some
      316 words
Page thumbnail Page 15
  • SPORTS
    • Article, Illustration
      Lock icon McEnroe bows out
      912 15 French Open AP PARIS John McEnroe walked off centre court at Roland Garros on Tuesday to a standing ovation not as a winner, but as a firstround loser who probably will never be back. In what he said was his last singles appearancc in the French Open.
      AP  -  912 words
    • Article
      Lock icon Revenue sharing, salary caps the new catch phrases
      410 15 UPI SAN FRANCISCO In a sea of growing economic uncertainty, owners of professional sports franchises across the United States and in Canada are reaching in even greater numbers for a fiscal life raft called revenue sharing with their players. The National Basketball
      UPI  -  410 words
    • SIDE LINES
      • Article
        Reynolds seeks reinstatement
        79 15 WASHINGTON Lawyers for Butch Reynolds, the world 400-metre record-holder, are to ask the International Amateur Athletics Federation to commute his ban for drug use in a bid to make him eligible for the Olympics. Reynolds failed to have his two-year suspension overturned, although the IAAF has acknowledged
        79 words
      • Article
        Indurain in overall lead
        95 15 AREZZO. Italy Spanish cyclist Miguel Indurain. winner of last year's Tour de France, pedalled into the overall lead in the tour of Italy on Tuesday after an uphill struggle for the third stage. Maximilian Sciandri won the 174-km (108-mile) run from Uliveto Terme to Arezzo in
        95 words
      • Article
        Call for blanket testing
        75 15 SYDNEY Australian rugby union coach Bob Dwyer has called for blanket drug testing of teams when his world champions tour South Africa in August in the altermath ot a drug scandal in the Republic. "I would like to see widespread testing throughout the tour." Dwyer told
        75 words
      • Article
        Akebono becomes ozeki
        90 15 TOKYO Hawaiian-born Akebono. who won the Summer Grand Sumo Tournament with a 13-2 record, yesterday became an o/cki, the second-highest rank for a sumo wrestler. The Japan Sumo Association said the 23-year-old Akebono. who weighs 200 kgs and whose real name is Chad Rowan, is the second
        90 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      2235 15 TONG MENG INDUSTRIES LIMITED (liM:<N|N>i.it m H»>' ili>pitliln; "I Sm*»-H»0»'?I NOTICE OF MEETING NO flCt IS HtHtBY GIVtN lii.it the Iw-nty Seventh Anon.il Gorxxal Mi?etmg of tlx; company will »>--• hold it 4/ Mill Slreot nit *V Chinese Cliamlxx ol Oxnmerco 4 Industry Building. Singapore tjfil/. on Saturday. W Jink;
      2,235 words
Page thumbnail Page 16
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Rate cut hopes continue to fuel buying
      980 16  -  By Quak Hiang Whai FUELLED by persistent market talk about possible interest rate reductions, share prices continued to climb yesterday, pushing the benchmark index above the critical 1,500 point level. The Straits Times Industrials Index closed 12.25 points higher at 1,506.54. Investors continued
      980 words
    • Article, Illustration
      Lock icon HOT STOCK
      74 16  -  By Chew Eng Han Comment CAUTION is advised, although there is a chance that this uptrend may extend to as high as $4.55. A move up there will probably complete a five-wave series from the April low at about $3.40. Suggest taking profits between $4.45-$4.50 as a minimum
      Source: Bridge Info  -  74 words
    • Article
      Untitled
      2468 16 1992 Tel Chit Last Vol Day Quote DW DJ* p* High Low Code Company Traded Sale -for- (POO) High tow Buyer Seller INDUSTRIAL AND COMMERCIAL ta-x ~a T Ti IRS 183 183 184 12.2 2.1 6.7 10.5 I12.B 220 170 1000 Acma 60 2.6 1.4 91.3 42.0 210 210 1142
      2,468 words
Page thumbnail Page 17
  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2724 17 C&C 685 40 *6.2% I Bat 21* 620 F 35 f 6 0% Inchcape 6SO 35 f 5.4% Ol)t 820 f 30 f 3.8% Robinson 675 t-25 I 3.8% DBS Foreign 1350 t 20 t 1.5% Prima 570 120 f 3.6% SI A 200 1270
    2,724 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      46 17 j With over 170 million cards accepted at over [fell*l 9 nftoa establishments, no card is more >' y v < honoured around the world* MasterCard card also gives THE MASTER you easy access to cash at 200,000 bank branches and ATMs worldwide. _j •-4 J i I ">
      46 words
Page thumbnail Page 18
  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3302 18 Magnum Corp 50* 376 +8 +2.2% Centings SO* 780 +5 0 6% M Banking 525 f5 1.0% l ien Hoe 74 4 4"i +6.5% Saieras Res 46 4 3 +7.0% Shell 456 t] 0 4% GIL US$0.10 68'/i 4 1 +1.5% Landmarks Bhd 114 I
    3,302 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      194 18 PERSONAL INVESTING FINANCE SUPPLEMENT '98 A Special Business Times Survey July 83,1998 Bank deposit rates have plunged to one of their lowest levels. Banks and finance companies In Singapore are paying peanuts for such deposits; in some cases they aire not even enough to cover the rising cost of living.
      194 words
Page thumbnail Page 19
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices end lower after narrow-range trading
      5095 19 Investors await debut of Tenaga Nasional today Bernama PRICES moved within narrow ranges to end lower yesterday amid continuing bearishness as market players sat out awaiting clearer leads from Tenaga Nasional's listing today. In thin trading, the KLSE Composite Index declined 1.32 points to
      Bernama  -  5,095 words
Page thumbnail Page 20
  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      502 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Chem Inds May 26 Mjr 92 $9848($8/14) 408(39 /1 15(15) lardine M May 26 Dec 91 USJ2/0 8ro< J229 8m) 32 2(29 7) 210(80) lardwe S May 26 Dec 91 US$233
      502 words
    • Article
      PRELIMINARY RESULTS
      164 20 Company Date Year Group pre-tax Met earnings ann to profit/loss (L) per share Jmdend (>000) (cents) f* Roth inds May 25 Mar 92 $48.303n( J66 877) 38 9(399) 50(65) sr. 55 ss»5 r sr Ki 1 ss esss: s Venture Mfg Ma, 7 Dec 91 W.495($»M) 5<3-«> <
      164 words
    • Article
      INTERIM RESULTS
      156 20 Company Date Half-year Group pre-tax Interim 1 ann to profit/los» (L) dividend COOO) Ganda HWgs May 25 Mar 92 MJ2 b4 8( S5S4L) -<-> Samanda Hldgs May 25 Mar 92 M5/00 c 6( o^ C&C Ltd May 22 Mar 92 $56,395($49.453) 5(5) NSI May 14 Feb 92 M$46.248($43.849)
      156 words
    • Article
      DIVIDENDS ANNOUNCED
      1339 20 Current Ex Books Date Total lor Total for payment date dose payable the year last year Atnu b% Km 5 )un 18 lul 2 12 2% 10%1E Apofc 25% Hm 3 tob 16 tol 23 25'. B (u,a 1% 24 Jul 8 Jul 20 2% BousteadSOc 7 5%
      1,339 words
    • Article
      APPROVED ISSUES
      391 20 Company Rights Issue Keppel France One for (our SI 10 per share Ei date May 25 Books dose km 4 Acceptance Payment NVA Company Bonus Issue Amcol One-tor three Exdate NYA Boohs close NYA %m Ilk One lor ten Ei-date lun 1 Books close lun 5 Keppel France
      391 words
    • Article
      CORPORATE DEVELOPMENTS
      125 20 tycle 2 Carriage Ltd (CCL) said it has secured approval to divest part of its stake in wholly-owned subsidiary Cycle Carriage Malaysia (CCM). CCL proposes to sell 30% of CCM to Cycle Carriage Bintang Bhd. an associate of CCL. It also proposes to sell 15% to bumiputra investors.
      125 words
    • Article
      COMPANY MEETINGS
      125 20 Intraco Ltd: 23rd AGM at the Registered Office. 456 Alexandra Road. #14-00 NOL Building, Singapore 0511. on Friday. May 29, at 10am Urated Overseas Finance Ltd: 25th AGM at the Board Room, 30th Storey, UOB Building. 1 Bonham Street, Raffles Place, Singapore 0104. on Friday. May 29, at
      125 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      378 20 In local chit In SS In US$ S dy S >r S dy S yr dy yT May 26 Indcv chgc chge chge chge clige chge World 397.1 -0.4 -2.7 -0.7 -4.3 -0.3 -4 9 JE/XFE 481.8 -0.6 -4.0 -0.6 -6.6 -0.2 -7.1 Europe 456.4
      378 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 20 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
Page thumbnail Page 21
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Shares fall sharply as investors worry over uncertainty
      1839 21 Reuter STOCKS closed sharply lower yesterday on a broad front as investors worried about volatile Thai politics and problems of forming a viable new coalition, brokers said. The SET Index lost 13.83 points, or 1.9 per cent, to end at 715.75 on
      Reuter; Source: Bridge Info  -  1,839 words
  • Article
    JAKARTA STOCK EXCHANGE
    1035 21 The index chart was also not available ON THE scoreboard (based on stocks listed in BT), 26 counters rose, 19 fell and 45 were traded unchanged. The market report was not available. Day's Day's Vol Price High Low Change CP. Indonesia 568,000 4300 4350 4300 -50 Tjiwi
    1,035 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      14 21 The Straits Times WEEKLY OVERSEAS EDIT.ON Making an issue of the major issues 4
      14 words
    • Advertisement
      Page 21 Advertisements Column 2
      95 21 THE WINNING TEAM Jy/Tiimmimß classifieds! Call *****46/*****52 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the
      95 words
Page thumbnail Page 22
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei drops below 18,000 level
      2580 22 Reuter STOCKS closed off lows, hut the Nikkei Average fell 382.08 points or 2.10 per eent to 17,822.56. It was the first close below 18,000 since May 6. With most investors sidelined by drops on overseas markets overnight, futures-linked selling pushed the market down, brokers
      Reuter  -  2,580 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks chalk up third record high in a row
      2744 22 Reuter STOCKS, buoyed by a constant flood of overseas cash, continued their march to end at a third record high in a row after powering through the 6,100 barrier to touch an intraday record of 6,101.89, brokers said. The blue chip
      Reuter  -  2,744 words
Page thumbnail Page 23
  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bargain-hunting helps to lift shares off lows
      2069 23 Reuter THE Australian sharemarket closed weaker but off its morning lows yesterday, helped by bargain-hunting by domestic investors and a reasonable result by ANZ. The market nosedived on opening after falls in New York and London overnight. Its weakness was exacerbated by market
      Reuter; Source: Bridge Info  -  2,069 words
  • REGIONAL STOCK MARKETS
    • Seoul index soars on talk of govt aid for ailing trusts
      • Article
        SEOUL
        813 23 STOCKS soared yesterday as sentiment improved on rumours that the government would soon announce measures to help ailing investment trust firms, brokers said. "All large capitalisation shares reached limit-high on the rumours. However, low price/earnings shares did pretty badly," Ko Kyung Bae at Hyundai Securities said. The composite stock
        813 words
      • Article
        MANILA
        521 23 SHARES fell back yesterday on profittaking after hitting record highs this week on optimism over the likely victory of former defence chief Fidel Ramos in presidential elections, brokers said. The Manila composite index fell 19.08 points to 1,421.83 after breaching on Monday the record set in November 1989. "I
        521 words
      • Article
        TAIPEI
        527 23 STOCKS ended mixed as many industrial shares continued their correction after last week's gains amid fears of tightening liquidity while the financial sector surged by more than one per cent yesterday. The Weighted Index ended 1.38 points higher at 4,541.38. Turnover fell to NT522.07 billion from Tuesday's NTS3O billion.
        527 words
      • Article
        BOMBAY
        98 23 SHARES fell sharply on Tuesday on rumours that more brokers might be suspended for their involvement in a multi-billion-rupee securities scam that has rocked Indian stock markets, brokers said. They said Bhupcn Dalai, a leading broker on the Bombay Stock Exchange (BSE), had to quit a private sector bank
        98 words
      • Article
        Untitled
        190 23 Clow Pinion May 27 NEW ZEALAND NZSE-40 Capital unav 1,555.41 MANILA Composite Index 1,421.83 1,440.91 -19.08 Turnover (mil pesos) 315.07 442.2 -127.13 TAIPEI Weighted Price Index 4,541.38 4,540.00 +1.38 Turnover (NTS billion) 22.07 30 -7.93 SEOUL Composite Stock Index 585.23 569.51 +15.72 Turnover (billion won) 275.7 193.94 -8I.76- New Zealand
        190 words
Page thumbnail Page 24
  • WORLD STOCK MARKETS
    • Fear of oil price rise sends US stocks lower
      • Article
        Untitled
        317 24 May 26 Clow Previous NEW YORK Dow Jones 3.364.21 3,386.77 -22.56 S&P500 411 41 414.02 -2.61 Turnover (million) 197.70 146.71 +5099 LONDON Financial Times 30 2,133.4 2,149.7 -16.3 FTSE 100 2,704.6 2.715 -10.4 Turnover (million) 370.1 427.3 -57.2 FRANKFURT DAX Index 1.806.66 1.811.57 -4.91 AMSTERDAM FOE Index 317 84 318.44
        317 words
      • Article, Illustration
        NEW YORK
        1224 24 STOCKS closed broadly lower in heavy trading on Tuesday as the spectre ot higher oil prices revived investors worries about rising inflation, which would preclude further easing of interest rates. The Dow Jones Industrial Average, which gained 8.06 points on Friday, lost 22.56 points to 3,364.21. Markets were
        1,224 words
      • Article, Illustration
        LONDON
        569 24 THE London Stock Exchange closed lower on Tuesday in very light trading, dragged down by disappointing UK trade figures and a decline in early Wall Street trading. The blue-chip Financial Times Stock Exchange 100-share index, which rose 13.0 points on Friday, was down 10.4 points to 2,704.6 at the
        569 words
      • Article
        FRANKFURT
        337 24 GERMAN share prices slipped on Tuesday in a moderate consolidation of Monday's solid gains. Optimism generated during prebourse trade by news of a slowdown in inflation in the German state of Hesse failed to result in any follow-up on buying orders and the market slowly began to soften just
        337 words
      • Article
        AMSTERDAM
        171 24 A WEAK opening on Wall Street pushed Dutch shares to a lower close on Tuesday, but oil major Royal Dutch rose sharply in heavy late-afternoon trading benefitting from strong demand from US investors. Dealers said US investors started buying Royal Dutch stock after oil issues opened with sharp gains
        171 words
      • Article
        PARIS
        189 24 FRENCH share prices reversed a light positive move to close lower in quiet and trendless trade, dealers said. The CAC-40 index stood 18.10 points, or 0.88 per cent, lower at 2,028.15. A slender 1.1 billion francs' worth of shares changed hands in the morning. Part of the decline came
        189 words
      • Article
        MILAN
        245 24 SHARES closed slightly firmer as the market caught its breath following the three-session rally on Tuesday and the election of a new president. "The market is taking a rest. We still have to see some follow-through after the technical rebound of recent days," one broker said. But operators noted
        245 words
      • Article
        ZURICH
        296 24 SWISS shares ended a moderate session steady to slightly lower on Tuesday af- ter the market lost early gains on profit taking, brokers said. The All-Share SPI index closed down 0.3 points at 1,202.7 after peaking at 1,207.3. The SMI index of leading shares eased 4.2 to 1,924.5. Brokers
        296 words
      • Article
        STOCKHOLM
        182 24 PRICES on the Stockholm bourse closed lower on Tuesday in line with other European markets, and dealers said trade was cautious ahead of Electrolux's first-quarter results which arrived after the close. The All-Share index fell 0.65 per cent to 977.35 while the top-16 index shed 1.14 per cent. Turnover
        182 words
      • Article
        JOHANNESBURG
        442 24 LEADING industrial shares were steady to firm on the Johannesburg Stock Exchange on Tuesday despite statements by Reserve Bank Governor Chris Stals that the bank was not considering an immediate discount rate cut. "The trend is still strong, although the JSE might wait and see how Wall Street reacts
        442 words
      • Article
        TORONTO
        382 24 TORONTO stocks surged to close at the day's high on Tuesday after oil futures shot higher on Opec's decision to freeze output at second quarter levels, dealers said. Gold shares climbed on expectations higher oil prices will spur rising inflation. The TSE 300 officially closed up 11.9 points to
        382 words
  • Page 24 Advertisements
Page thumbnail Page 25
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends higher on active short-covering in Tokyo
      1188 25 REPORTS Tokyo: The US dollar closed higher against the yen and the mark in Tokyo on active short-covering yesterday, and is seen testing the upside further, particularly against the mark, dealers said. "Dollar short-covering triggered cutloss US dollar buying at around 1.6175
      1,188 words
    • Article
      MONEY MARKET
      389 25 Cross rates May 27 I I ;ss S$ MS Dm Yen SFr AS NZS IJSS 1.6320 2.5200 1.6190 129.60 0.5498 1.4880 1.3175 1.8622 SS 0.6127 1.5441 0.9920 79.4118 0.3369 0.9118 0.8073 1.1411 MS 0.3968 0.65 0.6425 51.4286 0.2182 0.5905 0.5228 0.7390 i Dm 0.6177 1 0080 1.5565 80.05
      389 words
    • Article
      INTERBANK FOREX RATES
      532 25 Interbank rates ss Bid offer Overnight 2 5/8 2 3/4 1-monih 3 3 1/8 2-month 3 3 1/8 3-month 3 1/16 3 3/16 Overnight mode: 2-7/8 L'SS Bid Offer 7 davs 4 1/8 1 month 3 15/16 4 1/16 2 months 4 4 1/8 3 months 4
      532 words
    • Article
      Lock icon Thai baht stable but analysts rule out full float for unit
      326 25 Reuter BANGKOK The bloody military crackdown on prodemocracy protesters in Bangkok has clouded Thailand's economic and investment outlook but its traditionally strong currency, the baht. has survived the crisis intact. Analysts expect the baht to remain one of the
      Reuter  -  326 words
    • Article
      FINANCIAL FUTURES
      1474 25 SIMEX ommmM 9 Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95 95 95 95 93 95 93 6500 663 ***** J Sep 92 95.59 95.61 95 56 95.58 ***** 5227 ***** Dec 92 94 92 94.96 94 89 94.91 ***** 1843 ***** s Mar 93
      1,474 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • COMMODITIES
    • Article
      Lock icon London coffee volumes drop with less hedging
      375 26 Reuter LONDON Historically low cofYec prices arc depriving the London market of much-needed liquidity, mainly because traditional hedgers are under less pressure to limit the risk of their physical purchases, traders and analysts said. The recent declines in value to 22-year lows has
      Reuter  -  375 words
    • Article
      Lock icon Bolivia aims to develop legal market for coca leaf
      316 26 AP LA PAZ A government official on Tuesday announced a plan aimed at developing a legal international market for the coca leaf, which can be used as a tea but is more commonly processed into cocaine. Interior Minister Carlos Saavedra said
      AP  -  316 words
    • Article
      Tin price hits 10-month high of M$15.52
      853 26 REPORTS THE PRICE of tin touched its 10-month high of M 515.52 per kg on the Kuala Lumpur Tin Market yesterday, up by six sen from Tuesday's close of M$ 15.46. Dealers said market sentiment continued to be boosted by strong buying demand
      853 words
  • Article
    PRICES
    1269 26 Rubber May n p MS (M hi Mm) ScmiVk* Noon 5 toMRSS Prompt I37.MVI38.SON O Int 1 RSS June 92 I37.5WIJ8.SO M Int I RSS Julv 138.00/138 50 Inl 2 RSS OP 137.50/138.50N Ju Int 3 RSS OP IJ7.0O/IM.OON Jl Int 4 RSS OP 134.5WI35.50N A Int 5 RSS
    1,269 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1055 26 BUSI NES S T J_ M Toll free Tel No 737 0043 'Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, AND IN THE MATTER OF KIAN LEK ENTERPRISES (PTE) LTD (Incorporated in the Republic of Singapore) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the
      1,055 words
    • Advertisement
      Page 26 Advertisements Column 2
      11 26 iSS" (fa offers Kb the most If current |hll»to/job WF opportunities
      11 words
Page thumbnail Page 27
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1185 27 City Flight ETA Flight ETD CI Ahu Dhabi GA887 0200 GA894 2015 Ki Adelaide QF5 1955 SQ228 2050 Amsterdam SQ23 0645 KL838 2240 HL837 1255 Athens SQ347 1755 Auckland BA11 1505 SQ288 2015 Bahrain GF148 1000 BiMh»l»aa GA525/910 1755 B Sen Begawan BM53 1105 SQ182 0915
    1,185 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Trouble in paradise
      677 27  -  LETTER FROM SEYCHELLES By Jonathan Clayton Grumpy waiters, shabby hotels and exorbitant prices are giving tourism in the Seychelles a bad name. "Service is atrocious, it is a problem we are trying to address," lamented DirectorGeneral of Tourism Monica Chetty. "Surveys of tourists show they think service
      677 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 27 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2325 1.2495 Canadian dollar 1.3415 1.3688 NZ dollar 0.8665 0.8840 Sterling pound 2.9548 2.9948 US dollar 1.6270 1.6340 Local dollars to 100 units of foreign currency Austrian schilling 14.22
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      47 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td June 20 Jakarta Fair Jakarta Yayasan (62)21/*****00 July 3-6 6th Hongkong Hongkong Headway Trade (852)*****21 July 18 Penyelenggara International Convention Faire Ltd Fax:*****64 Pameran Dan Fashion Jewellery Exhibition Pekan Raya Accessories Centre Jakarta Fair
      47 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      45 27 It's amazing the lengths Firaiair goes to tor just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price. Check with your travel agent or call *****77 for more details. W« Know Europe from Mart to Rnniah.
      45 words
    • Advertisement
      Page 27 Advertisements Column 2
      8 27 Innovation and Technology in Business Times on Tuesday
      8 words
    • Advertisement
      Page 27 Advertisements Column 3
      885 27 BUSINESS T Toll froa Tel No: 737 0043 Fax No; 734 3698 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO PEDR AS FINE BRAZILIAN GEMSTONES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION Notice is hereby given lhai the creditors of the abovenamed Company. which is being voluntarily wound-up. are required within
      885 words
    • Advertisement
      Page 27 Advertisements Column 4
      264 27 PYRAMID DERRICK SINGAPORE (PRIVATE) LIMITED On Members Voluntary wmcSng-Up) LIQUIDATORS OFFICE IS Beocfi Good #03 10 Booch Centre Sngaoore 0718 NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter SO. that the Final Meeting of the Company w* be hew at 80
      264 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      299 27 1 To sit back comfortably, hard seat needs soft feath- .fll—.VV— 6 Tick over, despite being 10 Fawn caught in the crush """■■"""""■J 12 Harmony created by So- cialist leader in trade or- I I I I 1 I I I I—l—l— ganisation ~T|B 13 Cocktail drunk before a dancc
      299 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      160 27 Singapore Outlook: Showers over few areas in the afternoon. Report: Maximum temperature 32.5 Assoc humidity.. 67% Minimum temperature 25.0 Assoc humidity 93% Hours of sunshine 8.55 Rainfall in mm Nil Rainfall this month 54.8 Rainy days this month 11 World report Asia-Pacific Hi/Lo* Cond. Auckland 12/10 Rain Bangkok 36/26 Gear
      160 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      39 27 N iwe utNTe* ue \T wasn'T JUST THC U>P\S pesiGneo TiV ncr,rr,s FRo£.7£- KCST OF HftflfeNCD ™AT UOH uefcPiK£- u>ptf,or n w»d... pxsGfcpvct-. rr's me ResuCT OP mucn thought.^ Si J&N W gfeg* C ASSOCIATED MtWSPAFtRS LTD., IM2-1W! I
      39 words
Page thumbnail Page 28
  • Article, Illustration
    Lock icon Japan under pressure to cut discount rate again
    401 28 Tokyo urged to stimulate economy Reuter TOKYO The Bank of Japan (BOJ) is coming under pressure to cut the discount rate again, as Japan's nationwide elections and the annual summit of industrial nations draw closer, economists said. A first signal came yesterday,
    Reuter  -  401 words
  • Article
    Lock icon Lower Tokyo inflation expected after April's jump
    207 28 Reuter w TOKYO The Tokyo area consumer price data for May are all but certain to prove that April's rise in the key rate was only a blip and not the beginning of a trend towards higher inflation here, economists said. According to
    Reuter  -  207 words
  • Article
    Lock icon Shanghai stock market crackdown will add to confusion: critics
    335 28 Reuter BEIJING A decision by the Shanghai stock exchange to outlaw investment syndicates has drawn fire from Chinese market analysts who say it will only add to confusion on the fledgling bourse. Share prices in Shanghai plummeted almost. across-the-board for the
    Reuter  -  335 words
  • Article
    Lock icon Taipei passes constitutional reforms, ducks issue of presidential polls
    323 28 AP, Reuter TAIPEI Taiwan's National Assembly approved constitutional reforms yesterday in response to mounting public calls for more democracy, but ducked the major issue of direct presidential elections. The reforms marked the first time an assembly elected by local Taiwanese has
    AP,; Reuter  -  323 words
  • Article
    Lock icon McDonnell unlikely to accept Taiwan firm's leasing plan
    273 28 AFP TAIPEI A proposal by Taiwan Aerospace Corp (TAC) to form an aircraft leasing company to promote sales of McDonnell Douglas aircraft is unlikely to be accepted by the US plane maker, it was reported here yesterday. The semi-official Central News Agency
    AFP  -  273 words
  • Article
    Lock icon US durable goods orders see fourth straight increase
    295 28 AP WASHINGTON New orders for "big ticket" manufactured goods rose 1.4 per cent in April, marking the longest string of advances in five years, the US government said yesterday. The Commerce Department said the US$l.77 billion (5X2.86 billion) increase left new orders
    AP  -  295 words
  • Article, Illustration
    Property prices will fall slightly at most
    831 28  -  The Bottom Line ALVIN TAY ALVIN TAY The writer is a BT news editor PROPERTY consultants, retail bankers and stock analysts have had their say on the recent Urban Redevelopment Authority (URA) figures which show surprisingly higher prices of private residential properties in
    831 words
  • Article
    Lock icon Wrangling delays Philippine vote count
    241 28 Reuter, AP, AFP MANILA Wrangling Philippine legislators yesterday further delayed the already slow official counting of votes from a bitter presidential election. The congress began opening the boxes containing the certificates of canvass from provinces, districts and cities, listing the total votes for each presidential
    Reuter,; AP,; AFP  -  241 words
  • Article
    Lock icon World Bank agrees to finance Subic Bay conversion
    292 28 UPI MANILA The World Bank has agreed in principle to help finance a conversion of the former United States Naval base at Subic Bay to a commercial port, officials said yesterday. The agreement, which could involve some US$5OO million (SsBls million) in
    UPI  -  292 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      69 28 Nikon The World's Finest Photographic System 19th to 20th Century Chinese classical furniture, *>s screens and wall 3/>, *3oJh panels, cloisonne lacquer wares, ceramics, jade ivory carvings, inkstones, wood stone carvings, silk wool carpets tapestries, semi- BaSBSHiliHBil precious stone leKSI^^BamSIBKI jewelry. wßj^S®TM^ra||K| 276 River Valley Road, S'pore 0923. Tel: *****71
      69 words
    • Advertisement
      Page 28 Advertisements Column 2
      10 28 US economy recovering but growth will be slow, Pg 9
      10 words
    • Advertisement
      Page 28 Advertisements Column 3
      71 28 Nikon The World's Finest Photographic System 260 TANJONG PAGAR ROAD Office space Now for lease 726 29,000 sq ft High quality finishes in lift lobbies and offices 24-hour security Close to Tanjong Pagar MRT, AYE, ECP and port. j ©Contact Managing Sole Marketing Agent. OCBC OCBC Property Services Private Limited
      71 words
Page thumbnail Page 29
  • ISEAS Trends
    • Article, Illustration
      Vietnam's market-friendly economics
      1374 29  -  Mya Than examines the state's experiences in its change to a market-oriented economy Mya Than Dr Mya Than is a Research Fellow at the Institute of Southeast Asian Studies. SINCE THE mid-1980's, Vietnam has been transforming its economy from a centrally planned to a market-oriented one. The
      1,374 words
    • Article
      Dutch aid and Indonesia
      979 29  -  Julia I Suryakusuma looks at a nationalistic Indonesia after the rejection of Dutch aid Julia I Suryakusuma The writer is an Indonesian researcher based in Jakarta ON MARCH 25, 1992, Indonesia rejected all aid from the Netherlands channelled through Iggi (the Inter-Governmental Group on Indonesia) an
      979 words
    • Article, Illustration
      The contrived spontaneity of Singaporeans
      1016 30  -  Russell Heng looks at the issue of protest Russell Heng The writer is a Fellow oj Ihe Institute of Southeast Asian Studies. SINGAPORE-MALAYSIA relations slid into another bad pateh last month and since then, two MPs, Choo Wee Khiang and Peh Chin Hua. and the
      1,016 words
    • Article, Illustration
      Feng shui's influence over the corporate world
      1468 30  -  P Lim Pui Huen looks at the business of geomancy P Lim Pui Huen The writer is a Research Fellow at the Institute of Southeast Asian Studies THE CHINESE preoccupation with good fortune is part of a belief system in which certain objects,
      1,468 words
    • Article, Illustration
      Myanmar's political situation in flux
      967 31  -  David Steinberg looks at a country that is in the grip of turmoil David Steinberg Ihe writer is a Distinguished Professor at Georgetown University. H ashiniiton. IX A COMPLEX of internal and external factors have produced some modest political changes in Myanmar. These events signal
      967 words
    • Article
      Cambodia's plight: an expatriate Khmer's tale
      504 31  -  Thach Bunroeun goes home Thach Bunroeun NOT SINCE the fall of the Khmer Empire in the 15th century, have the Khmer people been in so much disgrace. Today, they have given up their own rights to their national sovereignty as they put their fate
      504 words
    • Article
      Myanmar's regional trade links
      183 31 THE GRIM state of Myanmar's economy in the second half of the 1980s forced the previous government of the Burma Socialist Programme Party to liberalise its external and internal trade. Since the military coup following political chaos in the. later part of 1988, Japan, the European
      183 words
    • Article, Illustration
      Cambodia's plight
      407 32 (con td from Trends 3) Many years ago, I had planned to come home on the occasion of the Khmer New Year which falls on the 13-15 April. I thought then that I would dance with my people, and especially this year, we would dance to welcome peace
      407 words
    • Article, Illustration
      The withering away of nationalism
      2038 32  -  a <8, TKSMGAPORE H SONG Ru^Dattramam B* S Rajaratnam WHAT is collapsing today is not, as conventional wisdom has it, communism but nationalism. Communism has not collapsed, simply because the Communist state as defined by the father of communism, Karl Marx, has never been established
      2,038 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      230 29 ifl T, '.J B V .^J| The Grand Design is in the financial Times. Follow the changes in Europe. Read the FT. /BR>^ The integration of the European market is a grand design. Something JS£r\ f(W that will alter the course of the world's economic and political destiny. With over
      230 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      157 30 The institute The Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern Southeast Asia, particularly the many-faceted problems of stability and security, economic development, and political and social change. The Institute is
      157 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      290 31 i Someone dose has been living Your son in Canada KH is studying for some years. overseas You've given up writing those And you long letters. want him The straits Times close to home Weekly tells It better. -with news (He might mNfFSSfS from home. come s? ck^ 1 after
      290 words
    • Advertisement
      Page 31 Advertisements Column 2
      108 31 Join the Chinese newspapers in their TRIM m PKRATPsB The Chinese newspapers in Singapore have come of age. All the three Chinese dailies will be celebrating with their own special features highlighting their past successes and future directions. As an advertiser, you are invited to take part in the TRIPLE
      108 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      109 32 W' *i The PC Show will be playing to a packed audience... WILL YOU RE ONE OF THE STAR ATTRACTIONS? THE PC SHOW is one of Singapore's premier events for computer users. The Straits Times will be publishing a special feature in conjunction with this Show. If you are in
      109 words
Page thumbnail Page 33
  • Shipping Times
    • Article
      Nedlloyd to add fifth ship to Orient Express
      387 33  -  By Dexter Lee SINGAPORE In a bid to grab a bigger share ot an expanding market, Dutch major Nedlloyd Lines is planning to deploy a fifth vessel on its liner service linking South-east Asia to New Zealand. The new multi-purpose vessel Kelvin
      387 words
    • Article, Illustration
      Lock icon Most French ports hit by strike
      282 33 Reuter PARIS Most of France's major ports, except Le Havre in the north, were paralysed as dockers staged a new 24hour strike in protest against plans to overhaul working practices, port authorities said. The French Senate (Upper House) is expected to endorse a dock
      Reuter  -  282 words
    • Article
      Lock icon Argentina deregulates ports, shipping industry
      308 33 Rcuter BUENOS AIRES President Carlos Menem has signed a decree deregulating Argentina's state-run ports and its shipping industry. Economy Minister Domingo Cavallo said. "This will make Argentine ports efficient (and) it will be important to raise the Argentine economy's competitive edge," Mr Cavallo said in
      Rcuter  -  308 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      874 33 Page Col ABC Containcrlinc 12 1 Accord Ciroup 8 1-3 < API. 5 3-5 Arrow Inter 9 2 < ASCL 5 9 Alpha Feeders 7 2 < ANL 3 1/2 i Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 19
      874 words
    • Article
      KL won't impose levy on Malacca Straits users yet
      413 33  -  By Khaidir Abd Majid in KUALA LUMPUR MALAYSIA will not unilaterally enforce the proposed levy on ships plying the congested Straits of Malacca. The proposal will only be implemented with the prior agreement of the International Maritime Organisation (IMO). Transport Minister
      413 words
    • Article
      Lock icon Dubai to expand ports, airport
      292 33 AFP ABU DHABI The Gulf emirate of Dubai plans to spend hundreds of millions of dollars to expand its already large shipping facilities to face an upturn in activity after two destructive wars in the region. Plans to upgrade the Dubai airport and its two
      AFP  -  292 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Taiwanese yard delivers its first ship to NYK
        87 34 TAIPEI State-owned China Shipbuilding Corp (CSBC) will deliver a 149,000 dwt bulk carrier to Japan s Nippon Yusen KK today, the first Japanese order ever placed with Taiwan's largest shipyard. A CSBC spokesman said NYK last vear ordered two 149,000 dwt bulk
        87 words
      • Article
        Ericsson wins Chinese order
        61 34 STOCKHOLM Chinese Vice-premier Tian Jiyun, heading a large trade delegation, held talks with Prime Minister Carl Bildt and signed a mobile telephone order with Telefonaktiebolaeet L M Ericsson on Tuesday. Telecommunications firm SicLn said the US$42 million (Ss7o million) order was to attend a mobile telephone
        61 words
      • Article
        Aircraft maker to fire 30pc of staff
        89 34 SAO PAULO, Brazil With losses of US$235 million (Ss3B3 million) and debts totaling US$BOO million, the gov-ernment-controlled aircraft manufacturer Embraer said on Tuesday it will fire 30 per cent of its workforce. About 2,500 workers will start receiving their pink slips today (Tuesday),
        89 words
      • Article
        Dog forces aborted landings
        67 34 SYDNEY Two planes aborted landings at Sydney s international airport yesterday when a stray dog wandered on to the runway, aviation officials said. Airport security removed the animal from the runway and released it wel away from the airport grounds. A Qantas jet and an Australian
        67 words
      • Article
        China to build Myanmar airport
        68 34 BANGKOK China is to help Myanmar build a new international airport and other related facilities, official Radio Rangoon reported in a dispatch monitored here on Tuesday. Chinese officials discussed the construction of a new airport, an airport hotel and "the extension of air traffic with
        68 words
      • Article
        Thais arrest Vietnamese on boat
        139 34 BANGKOK Thai naval forces on Sunday arrested 15 Vietnamese and seized a number of weapons aboard a suspected stolen Thai fishing boat in the Gulf of Thailand, state-run television said. Vietnamese pirates have recently seized or attacked a number of Thai trawlers in the Gult
        139 words
    • Article, Illustration
      Lock icon A new face to UK shipping
      843 34 The British maritime industry is no longer the sizeable force it once was, having gone through a radical scaling down and much restructuring in the 1980s Lloyd's List British shipping in the 1980s went through one of its biggest upheavals in peacetime and, in
      Lloyd's List  -  843 words
    • Article
      COCKETT BUNKER MARKET REPORT
      827 34 THIS twicc weekly report, compiled by Cockctt Marine Oil Ltd, shows pnee ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockctt Bunker Price Index change and
      827 words
    • Article
      THE SHIPPING GUIDE
      12941 42 This is a list of ships loading at Singapore tor 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 cafe at I'cnang after
      12,941 words
    • Article
      SHIPPING AGENTS
      3396 47 C'ontainerline NV: HeNm Shpg Agencies Pte I td (SVMannc I landlmg Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte I id (SVAccord Conlr Line (PK/PN) S Vdkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) f Vhrenkiel liner Service: Kim Shpg Trdg (S>. J Albatros Sea-Air Service:
      3,396 words
    • Article
      COURIER SERVICES
      287 47 \bncus Couriers Tel 545-8011 l a*: *****98 Air K\pm« I ravel Tel: 533-5771. Fax *****44. Airborne I reight Corporation Tel 542-8844 Fa*: *****16. *****80 Airswift Worldwide Courier Tel 278-0188 Fa*: *****83. AJS Supplier Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50 luster link
      287 words
    • Article
      AIR FORWARDERS
      1547 47 Abex Fx press Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833 Fax: *****42. Activair Singapore Tel 542-7822: Fa*: *****20 Aerotink Freight International Tel: 545-8033. Fa*: *****05 Aerospeed Tel 542-5911. Fax: *****18 Air Cargo Novo F x press Tel: 542-5454 Fax *****06 Air Express International Tel 542-7666 Fa*:
      1,547 words
    • Article
      PORT CONDITIONS
      3184 48 ARGENTINA Labour working normally Buenos Aires: Slight congestion after the long weekend and vessels needing deep-draft berths are having to wait up to 2 days for a berth. Grain loaders allocated to elevator berths are having to wait 1-2 days. San Lorenzo: Very busy with 7 vessels operating,
      3,184 words
    • Article
      AIR FREIGHT SCHEDULE
      553 48 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA K.Z203 B747F 1930 1 NRT KAL KE68S A30F 2345 1 SEL/MNL TOMORROW JAL JL615 B747F 0240 1 TYO NWA NW90I
      553 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1124 48 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Iron Master 127,774 dwt and built Apr 1982 Hyundai, ideas remain USS23 million. Ever Bright: 61.902 dwt and built Mar 1980 Nippon Kokan. have now been encouraged to try USSII.S/USSI2 million. Milamores: 69.808
      The information was contributed by Simpson Spence & Young  -  1,124 words
    • Article
      CRUISE & FERRY SCHEDULES
      674 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA ETD Ports of C«lh Port .Agent MAY 29 29 Cora Princess 1000 1800 Sin-Jakarta Harpers Shipping 30 30 Asean World 0900 1800 Sin-Hkt Sembawang Johnson 31 31 Royal Pacific 1000 2000 Cruise to Nowhere Ocean Trade Chartering JUNE 01
      674 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        499 49 fry No Berth Arm* Depute fcs* Bm* km* 0**Marina Terminal 1 i, 0 ™ai 13 alongside 2805/1/00 Aungsanpytnt 2'92A M04 alongside 2705/2200 Apollo freedom 1'92 13 2805/1830 29 05/1830 Batam Md|u *****2 M05 alongside 28 05 0500 Aulia Seraya AS;22/92 J1 2805 0800 29 05/2000 Batamindo 1
        499 words
      • Article
        IN MALAYSIAN PORTS
        238 49 Johorc Port Berth: 1 Palego Iso; 2: Cosmic Master, 3: Tomoh Satu; 4 Kapttan Medvedev, 5: Tnstar 1, 6: Barzan 01 jetty: Crestventure L\ Young Chemtcarry. DCh Kyoei Maru No 1, Petro Lintas, Sri Nam Hua No 2. Due on May 27: Rosalie, team 11. Nur Marina.
        238 words
      • Article
        CONTAINER SCHEDULE
        1381 49 DELIVERY Of FCL IMPORT CONTAINERS IN PROGRESS Contain avatt* S* y oy No Containm atralabfc p Buchanan 060E 26 0592 0715 H| Kwangyang 088W COO(EST) 2605 92 2300 B«Mte 2605 92 0728 OOtt Fr«nds 31W COO(EST) 27 0592 1500 T(LT 22E 2605 92 0804 Ar.es 9244 COO(EST) 27
        1,381 words
    • Article
      TRANSPORT DIARY
      973 50 lifiine 1-2 (2 days): Contract "'Formation The Materials Management Way. organised /T)y Singapore Institute of Pur- chasing and Materials Manage- raent. For more details, please I contact SIPMM Executive Officer at tel: 273-4172 or fax: 274-1132. I June 4-5 (2 days): Advanced Inventory Management, organ- ised by Singapore
      973 words
    • Article
      DAILY FREIGHTS
      762 50 FREIGHT rates softened in a largely directionless market after holidays in major centres, including the UK and the United States, dry cargo brokers said on Tuesday. The key US Gulf/Japan grain route was fixed at U5524.50 basis one combination and the Baltic Freight Index (BF1) indication for the
      762 words
    • Article
      WEEKLY FREIGHTS
      241 50 FREIGHT rates slowed their rise slightly last week, with rates for Capesize vessels (vessels of around 100,000 tonnes, able to take the Cape route) stagnating, observers said on Tuesday. The Baltic Freight Index gained seven points to 1,286 points, after rising 39 points the previous week. Capesize ships
      241 words
    • Article
      Lock icon Qantas to install videos for first, business classes
      286 52 AP SYDNEY Qantas Airways said on Tuesday it plans to install videotape players for all first and business cabin passengers to relieve boredom on long-haul flights. Between August and the middle of next year, the international carrier plans to tit its entire
      AP  -  286 words
    • Article
      Lock icon Northwest offers 2-for-1 airfare
      570 52 Move is first major break from April structure adopted by carriers NYT NEW YORK Northwest Airlines, in the first major break with the simplified fare structure adopted by major US carriers last month, introduced a two-for-one leisure fare on Tuesday night on all domestic flights except
      NYT  -  570 words
    • Article
      Lock icon Lufthansa cuts back routes after huge loss
      206 52 AFP BERLIN Deutsche Lufthansa AG is scrapping flights on two routes and reassigning several other routes to a subsidiary, less than two weeks after announcing a record worst annual loss of 425.8 million dcutschemarks (SS43O million). The German state carrier said on Tuesday
      AFP  -  206 words
    • Article, Illustration
      Lock icon China urges Boeing to mediate with US
      241 52 Reuter BEIJING Chinas Prime Minister Li Peng, urging a major US firm to act as an intermediary, said on Tuesday that commerce with the US would improve once all barriers were removed and ties returned to normal. "Once Sino-US relations overcome all the
      Reuter  -  241 words
    • Article
      Lock icon Boeing installs locks on thrusters
      275 52 AP SEATTLE The Boeing Co is installing locking devices on some of its jet engines as the result of an airline crash last year that officials say may have happened because an engine's thrust reverser suddenly activated. The Boeing 767 jetliner, operated by Lauda Air
      AP  -  275 words
    • Article
      Motorola pager hopes to tap new market
      225 52 SINGAPORE Telecom Equipment Pte Ltd and Motorola Electronics Pte Ltd yesterday launched a new pager to tap female and young potential users. The Bravo Express pager will attempt to "attract more of the non-traditional pager users, especially the women, youth and lifestyle-oriented segments
      225 words
    • Article, Illustration
      Lock icon Barcelona expects traffic jams to worsen during Olympics
      639 52 Reuter BARCELONA Forget international terrorism, doping scandals or boycotts the plague most feared by Barcelona's Olympic organisers is the city's notorious traffic problem. With gridlock a daily bind and city centre parking next to impossible, one ot the greatest threats to the
      Reuter  -  639 words
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      20 33 Ums and MrvicM rapraaaatad Maaibara «f tfca Registry of AccrMlttM [svqh«] 1 For advertising enquiries, contact Shipping Times rW 740-20X9/740-2(M
      20 words
    • Advertisement
      Page 33 Advertisements Column 2
      256 33 THE AO ft MCillk/ Jbg«WI«A!UU» ■CE3IIS3 224 1833 For more information please refer to Pg. 13 r Someone dose has beenlving Your son in Canada WMWKm is studying for some years. oveiseas You've given up oveiseas. writtethose **you long letters, want him Hie straits Ames close to home weekly teds
      256 words
    • Advertisement
      Page 33 Advertisements Column 3
      54 33 A* Forwarders 15 Air Freight Schedule M Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules IS Daily Freights 1® Indei 1 Port Conditions 16 Shipping Agents }5 Shipping Gwde *11 Shipsales/Tanker Rates W Ships in Port 1' Singapore Tides J' Transport Diary Weather and Sea Conditions
      54 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      94 34 It could be a controversial deal between two stock \7 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 them in more depth and breadth. FOCUS is the news feature section
      94 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1970 35 •upping nines, inursuay may zo ins mm OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES *****11 FAX: *****09 millif BOOKINGS TEL: *****34 *****58 gffWW TERMINAL/CFS TEL: *****18 220 PCQQQ3 V PESAKA JARDINE SHIPPING AGENCIES BHD. LVftftf i PORT KELANG TEL *****18 FAX: *****91 *****88 r~—T j T PENANG TEL: *****4 FAX:
      1,970 words
    • Advertisement
      Page 35 Advertisements Column 2
      1263 35 t =rr Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT G3W//A I UNITED ARAB SHIPPING (SAG/I M iVSi/VOY SIN NYC BAI ORf ~S»V I UHT« KSA n H/i 11/7 11/7 14/7 U/7 I M UMMMt U 1> 17/7 Ml Mil l/l
      1,263 words
    • Advertisement
      Page 35 Advertisements Column 3
      1271 35 pWl.U,ldrL-lIJIIJIJ NEXT SAILING TO MIDDLE EAST TORBEN MAERSK ETA SIN 4/6/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Work) Lyn*/ Aries This week Magieby Maersk 9206 CY 2/6 0800 HRS Port IHi CFS 1/6 2359 HRS Kelang Penang OAK LGB H OU MEM ATL MIA CHS BAL PHL NYC MON
      1,271 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1018 36 roam/ YSmrm VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE KURAMA 16/121 28/5 6/6 20/6 16/6 15/6 MX MSWNMD FRANKFURT EXPRESS 62/321 31/5 17/6 19/6 22/6 23/6 WBBIIi KHMW KASUGA I 21/122 4/6 13/6 27/6 23/6 22 6 CMfiO TO UR/CONIMNT DRESDEN EXPRESS 05/322 7/6 24
      1,018 words
    • Advertisement
      Page 36 Advertisements Column 2
      607 36 rsj' mmm IEAWAC SERVICE COMTAIMERB U MIAMWI DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT PALEMBANG 3702E8 26-28/6 10/7 13/7 18/7 L J BONTANG 3808EB 28-31/7 12/8 14/8 19/8 Transit Tim« I(I3> (16) (22) ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA. NUKUAIOM. P VM.A FASTEST SERVICE TO
      607 words
    • Advertisement
      Page 36 Advertisements Column 3
      1320 36 KBimBMIA un regular independent full container service WESTBOUND TO EUROPE VSL/VOY SM ALG BCL HAM ORE ROT ANT FEI LHA (VIA (VIA (VIA ALG) HAM) ROT) CHINA SEA 2131* 01/06 22/06 23/06 24/06 25/06 26/06 27/06 28/06 29/06 NORASIA AL MUNTA2AH 9214-3 07/06 30/06 01/07 03/07 04/07 04/07 05/06 05/06
      1,320 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1624 37 I M M STRAITS SHIPPING PTE LTD I MM 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 I™ SPOW B'KOK I RAJAH BROOKE VI3E Muvi lab. AH M-30 Ha* 01 Jun 02 lun OAMJON V.007H 30-31 MAY 02 03 JUNE I STRAITS HOTC VO7E Muan
      1,624 words
    • Advertisement
      Page 37 Advertisements Column 2
      1615 37 m SINGAPORE AGENT: T|CyA P*o Container* (Singapore Agenciee) Pte Ltd iljtl lilVniCllllvrs 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 A Tel 225 2233 Telex: RS ***** PNOCSP Fax 225 5327/222 7517 v CR Number: **********02 EJiJSuLARBAY SSI 07*5 WW ~5 IoTS iuS oTo. CORNELIA MAERSK 9202 21 05
      1,615 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      561 38 "Mil] CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STOtt ROAM WIN KMC BREMEN MITNERP ETA/D MATNtAM 32R8 2-1/7 5/1 »/l 14/» 17/1 cact TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement. Also accepting cargo to Casablanca, Port Said. Port Alexandria, Ganoa. Triaata. MSO ACCtPIING BOIH CONTA**RS. CONVENTIONAL
      561 words
    • Advertisement
      Page 38 Advertisements Column 2
      1236 38 (g) HANJIN SHIPPING FM Wl SIN LIW HAUL LGB OAK FOR VSI SRI IRE HAUL SA" RS HANJIN HAMBURG OIOE 10 5 OMECT 21 6 24 6 HAH IN KWAN6YANG OWE 16 M. PROSPERITY 0221 9/7 10/7 12/7 HANJIN ELIZABETH 004E 6 DBECT 28 6 17 HAHRN KUNSAN 07it 86
      1,236 words
    • Advertisement
      Page 38 Advertisements Column 3
      1143 38 mi sir use mc klc m hii o» ki w no iu cms u nc im w w iir no cam pri I lUIUHOM 2t J* «t Ht 12/ i lit Itt lt/t H/t 201 21/t 1/7 15/7 17/7 l«/ 7 217 21/7 *'7 11/7 1/1 11/t 21/t »/t «l
      1,143 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      2012 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2: ""369/*****96 am UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 *****00 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P Kelar>g-<O3) *****87, Penang-(04)
      2,012 words
    • Advertisement
      Page 39 Advertisements Column 2
      1076 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03 *****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO—OISCHAKQNC WESTBOUND—LOADING THANSHPPEP VIA ROTTERDAM"] vishu wy law
      1,076 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1320 40 K" "W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) TEL *****77 TELEX; KAWAKIRS23I6S FAX: i 1.1 IXI Md MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD MmJ JL M2J TEL SA *****00 PK *****01/5 PE_NANG *****0 JB *****1 ■■■B KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT INTERNUSA
      1,320 words
    • Advertisement
      Page 40 Advertisements Column 2
      1061 40 PHILI-ORICNT UN€S PT€ LTD <#=% [j W 108 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00Te1ex:R*****0FAX: *****76 *****3^^ BY AIR, LAND OR SEA.... m. WE TAKE ON THE WORLD FOR YOU w MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL on MAY SYDNEY MELBOURNE. BRISBANE. FREMANTLE
      1,061 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      1963 41 PACIFIC INTERNATIONAL LINES (PTE) LTD *****5? IF mSv 140 Cecil s,reet #03-00 PIL Building. Singapore 0106 Tel: *****33 JAKARTA I BANGKOK "___T VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN VESSEL CAH3O I 31/5 3/6 BUNGATERATAI 223 *2/1 4/t 9/6 ESTE BRUGGE I™ 220 3/8 M 5/6 skst*
      1,963 words
    • Advertisement
      Page 41 Advertisements Column 2
      720 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY EEEDER VESSEL PENANG PKELANG OCEAN VSL. VOY SIN SOUP) R < 2) HAM t3) GQT (4) ANSON/TBN 29'5 30/5 BENARTy 22>2 2/6 19/6 21/6 22/6 24/6 ANSON, TBN 56 6-6 ALSiA 2222 9/6 26/6 28/6 29/6 W ANSON-TBN 12 6 13/6 BEN A
      720 words
    • Advertisement
      Page 41 Advertisements Column 3
      309 41 ma MYANMA «HBk FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKI| Pen P.Gdf MP* AN VI77W In Pt Ski P*»YA ¥122W 5/7 Km 4 lun MYOMAYWA ******* 5/7 lun PAGAN VIS3W 4/5 lun HPA AN VI7SW 12/14 lun NIGERIAN NATIONAL Ml SHIPPING LINE NIGERIA EXPRESS
      309 words
Page thumbnail Page 42
Page thumbnail Page 43
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      2164 44 Full Container Liner Services Agents: ******Agents: Cuan Gum Shipping Sdn Bhd Clung Chine Shipping Sdn BM P. T. Global hitra Indonesia mariUma General Agents: Booking Agents: »M*n*o«H*, c^' fpmneiU sssfssr' /IllflC BukMoQ //5 <W Chinese Charter ot Commerce M/ DM)/ lei J6/Piib/368/%! 21 Alma* Cot**™* <« itfm flrwij*/ SHHWOUHW SmwotcW
      2,164 words
    • Advertisement
      Page 44 Advertisements Column 2
      323 44 SAMIiDERA MOONESIA (S) PTE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0108 Tatax: R*****0 Tat: *****81-3 Fax: 225 4939. *****35 FOR BOOKINGS CALL DWECT_UNEjTELj_*****4I/*****43^ SM/JAK SERVICE VESSEL VOY SIN JAK TWADIKA 926 30/05 (SAT) 02/06 (WED) LAWANTI 963 01/06 (MON) 03/06 (WED) MERKUR DELTA 925 02/06 (TUE) 04/06 (THU)
      323 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      591 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PREAUS 31/5 ROTTERDAM 31/5 HAIFA/ASHDOO/ALEXANDRIA 31/5 HAMBURG/BREMEN 31/5 MARSEILLE/FRANCE 31/5 FELIXSTOWE/UK 3V5 BARCELONA/SPAIN 31/5 LEHAVRE/ANTWERP 31/5 GENOA/ITALY 31/5 GOTHENBURG/SCANDINAVIA 31/5 LOS ANGELES/WC/IPI 31/5 SYDNEY/MELBOURNE 30/5 NEW YORK/EC 31/5 FREMANTLE 1/6 VANCOUVER 31/5 BRISBANE/ADELAIDE 15/6
      591 words
    • Advertisement
      Page 45 Advertisements Column 2
      710 45 r£l RICHFIELD MARINE AGENCIES (S) PTE LTO B TEL: *****33 (12 Llrws) EFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Linos) IPST\ Ethiopian mrfm u5 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOACXNG FOR SPORE NET SANE T 26W8 t 106 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      710 words
    • Advertisement
      Page 45 Advertisements Column 3
      707 45 E_ BANGKOK m m wn m mmm _MMg —<1 i_Tl 31/05 m> BHUM# 235H to Pt 2»/05 Sjg B J/05 02/06 WANT* BUI 51N S»t 30/05 Wg 03/06_ 1 1/05 07/06 VMA BHURt*## 07N 01/<* DS! 04/06 I .S5 —j£H5—S£—£"™h| fflL—J#— WANTA BHUM 92M Sat 06/06 Tw 05/06 1 5_
      707 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      984 46 11 MAC-NELS S'PORE EE?™ 355 j S%S sSs«?loSt« Sg?So UtOSCANMEDPORTS COLOMBO®. AFRICA r PEN PK SIN PEN PK SIN Colombo 30/5 31/5 1/6 1 6/6 7/6 8/6 Ldn/Flx/Rdm/Ant Durban/Pt Louis 28/5 29/5 30/5 31/5 1/6 2/6 G'burf/C 'hagen/S'holm/Oslo 28/5 29/5 30/5 Piraeus/Genoa/Trieste PT/mANG/PENANG I Pt Kian C 30/5 31/5 1/6
      984 words
    • Advertisement
      Page 46 Advertisements Column 2
      264 46 blue STAR LINE TO FROM 0/ NEW ZEALAND AND T/S TOFUI TO AND FROM NEW ZEALAND PORTS SIN NPI AKI l*T SIN ■mm ISS 29/5 10/® 12/6 2S/S MUIBtRA 27S 12/6 24/6 JJJ* JJJ 26/6 AU$l SIM *0422 21/# 3/7 VIA Nfl 5/7 22/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW
      264 words
    • Advertisement
      Page 46 Advertisements Column 3
      1082 46 THONG SOON LINES PTE. L IP. 77 ROBINSON ROAD #15 00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER ?ff,nYKrE S SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IVOT TETA [PEsTI VESSEL VOY SfOtE
      1,082 words
Page thumbnail Page 47
Page thumbnail Page 48
Page thumbnail Page 49
  • Page 49 Advertisements
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      490 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 *****400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 15 12 11 U 12 14 17 19 20 20 19 17 14 11 10 10 11 14
      490 words
Page thumbnail Page 50
  • Page 50 Advertisements
    • Advertisement
      Page 50 Advertisements Column 1
      212 50 FREIGHT SEWVipiljW #tfi HV 1/ '%\v pi. <;.h 4i>~ MMHMIr WiWwrwWpPr "ivAvf-11-# *#**»fa*.o**a«. ***-j..., A yt' *.*--A fctawL HbAMT >%. rnv«w wtlWVw >- r. >•». ®A"5 v j w 1 *i ->'<'* a&r- 1 <-.- .'fiMMMMk "lv s* S »*Plr W»s i. »>»"" ,"nii(! M tttt r "ii •''TT'THwpwK' "I
      212 words
    • Advertisement
      Page 50 Advertisements Column 2
      340 50 cosco UKC CONVENTIONAL SCRVICC VESSEL PKL PNG P.O LOADING FOR: A VESSEL 28/05 Flotlordam/Anlworp CHW4A CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOB: KAIHENG 15/05 20/05 Huangpo/Guangzhou COSCO FULL CONTAINER ItWrtCEl (FCL/FCL) EXPORT TO: CHMA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDfTERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI I Please rater above mentioned services
      340 words
    • Advertisement
      Page 50 Advertisements Column 3
      333 50 II LCL Consolidation CHITTAGONG I Ufav HAN HUAT SHIPPIM6 CO (PTC) LTD. I 10 Anson Road, #14-19/21 International Plan, .Singapore 02°*. Tel: *****11 (16 lines) Fax: *****94 Tlx: R8 ***** AB LENHUAT Daily receiving cargo at Paeir Panjang Terminal PT4 Tel: *****97 NEW ROUTE TO NTAMMAR (YARGOM) FULtY CONTAINERISED SERVICE
      333 words
    • Advertisement
      Page 50 Advertisements Column 4
      84 50 KWONG LUNG SHIPPING LiS. PTE LTD urccti VOY ETA ETD DESTWATTON MV LUCONIA 6'92 3/6 4/6 BINTIH.U, MIRI. K.BELAIT M V lUCONIA NO 2" 5/92 8/6 9/6 BWTULU. MIRI. K.BELMT MV "THAI YANG" 7/92 7/6 8/6 PENANG. P KELANG MV "THAI HO NO 1" 6/92 10/6 11/6 PENANG. PKELANG KCtMNG
      84 words
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Page 51 Advertisements Column 1
      941 51 Shipping Times, Thursday May 28 1992 I A HYUNDAI MERCHANT MARINE CO. LTDI VIA FEEDER PACIFIC SOUTH-WEST SERVICE j PNA* PRE* PGD* SX* TO USA VOY KAO LBH OAK OW-■ CH SIU N7- ss ss ss 1— 2ss ss ss gss 3 3 is 'is s;s s:; s;s ss ss
      941 words
    • Advertisement
      Page 51 Advertisements Column 2
      594 51 I STRAITS/ JAPAN/ STRAITS SERVICE I \f I SPECIALIST IN RO-RO HEAVY LIFTS I L I INBOUND VESSELS I I I ViSSII Nl ff PK RNC R» I I I CNAMPMM TIAMI 25 SIR MPI I I I EASTERN INT SIO I I I COSIOC MASTER ■PT M/S I I
      594 words
    • Advertisement
      Page 51 Advertisements Column 3
      981 51 our SERVICE CALLS SINGAPORE m I"** h iiTb lM r p DIRECT EVERY K ion Miuin mmu iwu ojm* um »n i*/u ?«w »/»4 nw urn WEDNESDAY MM (Ml MOt IUUIOi MCian V ***** l»ll/M N/M W*l M/t; 11/t> U»142 07 12/47 44/47 UM uIT tuutoi caiMU ***** 1114/44 u/t?
      981 words
    • Advertisement
      Page 51 Advertisements Column 4
      97 51 lINTANG MAS SHIPPIN6 PTE. LTD. 39 NEIL ROM) SINGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 j acorn CMtO STOK IHSI MA HOW maitT u VIK WIMKHLMT »ia tannic m*im. KMaw woe i" <■ BRINK SOMA »1* OOCUB* CR No. **********0W Receives cargo daiy at PSA Pasir Panjang PT
      97 words
Page thumbnail Page 52
  • Page 52 Advertisements
    • Advertisement
      Page 52 Advertisements Column 1
      60 52 Every Saturday in Business Times n 1 The EtoJ-Bvie Housekeeper -this hotel J o vYIAi, I I wants ls me X/ r^9le2t 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
      60 words
    • Advertisement
      Page 52 Advertisements Column 2
      5 52 Every Saturday in Business Times
      5 words