The Business Times, 3 June 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Wednesday, June 3, 1992 75*
    16 words
  • NEWS SUMMARY
    • 43 1 WASHINGTON The composite index of leading economic indicators rose a better-than-expected 0.4 per cent in April, the Commerce Department announced yesterday. The index is designed to forecast economic performance over a six to nine month period.
      43 words
    • 76 1 TOKYO Japan's capital spending will fall back 1.4 per cent to 20.54 trillion yen (SS26I billion) in the year to March 1993 for the first annual decline in five years, a government report said yesterday. Capital spending by manufacturers in fiscal 1992 is expected
      76 words
    • 29 1 THE holding company of Hongkongßank has raised its agreed offer for Britain's Midland Bank pic to £3.9 billion (5511.5 billion) from £3.4 billion Page 3
      29 words
    • 37 1 NEW oil and gas finds and the start of production at three new oil wells off Palawan Island are expected to provide the Philippines with about 35,000 barrels of oil per day Page 9
      37 words
    • 50 1 THAILAND will tell the European Community at upcoming bilateral trade talks that it is still not satisfied with the EC's position on attempts to liberalise farm and textile trade sectors, as well as its regulations that pose problems to Thai trade with that region. Page 9
      50 words
    • 30 1 A REVIVAL in the American manufacturing sector led to a slight rise in consumer incomes during April, raising hopes that the recovery is gathering momentum Page II
      30 words
    • 31 1 THE ANNUAL US debate on renewing China's most favoured nation trade privileges is about to resume, but unlike past years China seems to have little worries Page 11
      31 words
    • 31 1 THE BULKER and tanker markets are likely to stay weak this year since a "noteworthy upturn in either markets" is unlikely, says a shipbroker. Shipping Times Page 1
      31 words
  • MARKETS SUMMARY
    • 29 1 WALL STREET opened virtually unchanged yesterday with the Dow Jones index of 30 leading industrials falling 0.75 point to 3,412.46 in the first five minutes of trading.
      29 words
    • 26 1 LONDON shares were higher yesterday morning. With 266.3 million shares traded at 1130 GMT, the FTSE 100-Share Index was up 16.0 points at 2,713.6.
      26 words
    • 30 1 THE DEVELOPERS of Bugis Junction a massive office, retail and hotel project will tap local banks for about half the total project cost of $900 million Page 4
      30 words
    • 23 1 AFTER a 10-year freeze, domestic air fares in Malaysia may go up by some 10 per cent Page 4
      23 words
    • 30 1 PERCEPTIONS that China s economic reforms are irreversible are attracting money from the US into Hongkong's stock market, adding fuel to a locally led boom Page 6
      30 words
    • 33 1 AFTER a decade of growth that left them towering over the world financial system, Japan's big commercial banks have been forced to hit the brakes on their global expansion Page 8
      33 words
    • Article, Illustration
      29 1 Tuesday Change BT-MGA 725.58 +1.23 Kuala I.umpur ....586.74 +1.41 Tokyo 18.125.55 +121.44 Hongkong 6,059.39 +3.39 Sydney 1,676.31 +1.9 Monday Change New York 3.413.21 +16.33 London 2,697.6 -10.0
      29 words
    • 31 1 London Gold AM fix USS337.75 USS+0.95 Exchange rates USS SS I 6280 100 Yen SS 1.2749 MS SS 0.6417 Money market rates Overnight 2 7/8 +3/4 3-month 3 1/16 -1/16
      31 words
    • 31 1 Rubber S'pore July 140.25'/kg +0.50 M'sia June 218.50*/kg unch KL Tin Turnover 74 tonnes +17 Spot MS 15.90/kg +42 Crude palm oil Turnover 1,437 lots -94 July MS875 /tonne -4
      31 words
  • 589 1  -  Move will spark new round of cuts among banks, stimulate loans By Alvin Tay, SN Vasuki SINGAPORE Pace-setter DBS Bank yesterday announced a quarter-point cut in its prime lending rate to 5.5 per cent just a shade higher than the industry's record
    Source: Crosby Securities  -  589 words
  • 433 1  -  Seagate, Integral to begin production of 1.8-inch drives this year By Claire Leow, Joseph Rajendran SINGAPORE The local disk-drive industry could be headed for a revival, with two manufacturers set to begin production of high-capac-ity 1.8-inch drives here this year and others considering similar
    433 words
  • 543 1  -  From Florence Chong in SYDNEY THE Australian Cabinet has approved the merger of Qantas with domestic carrier Australian Airlines and the sale of the entire merged group. The government is expected to float part of the new airline. But it still intends to
    543 words
  • 361 1 Reuter AP MANILA Former defence chief Fidel Ramos, whose life was threatened in a murder plot, has clinched the Philippine presidential election with 23.5 per cent of the vote, according to nearly complete returns released late yesterday. The Philippine Congress has yet to officially announce
    Reuter; AP  -  361 words
  • 169 1 AFP BANGKOK Thailand's foreign business community yesterday backed a call by the country's leading business associations for snap elections to end the political deadlock which is threatening the economy. As foreign chambers of commerce openly supported the call for a dissolution of
    AFP  -  169 words
  • Page 1 Advertisements
    • 200 1 TEMPORARY PERMANENT PLACEMENTS £223*3362 i Aircraft Schedule 31 KISE 24 TV 4 Radio 18 Commodities 30 Law 14 Unit Trusts 31 Company News 4.6,7 Money Charger Rates 31 Weather 22 Cryptic Crossword 31 Money Market 29 World News 11 Editorial 12 Regional News 9 World Slock Markets 28 Financial News
      200 words
    • 163 1 MADF IN GERMANY SCHL'HF. BOUTIQLE #02-M RAFFLES CITY SHOPPING CTR TEI JJWC2H Investors bank on property stocks, Page 4 The Bottom Line, Back Pg Vour Next Business Trip To Singapore Could Put You In Top Form. At the New Park Hotel you can relax in spot to meet with business
      163 words
    • 3 1 Editorial, Pg 12
      3 words

  • PAGE 2 NEWS
    • 445 2  -  Firm accused of dissuading officers from signing up By Anna Teo SINGAPORE The Singapore Manual and Mercantile Workers' Union (SMMWU) has accused OCBC Finance of using scare tactics to prevent its officers from joining the union. The case, believed to be the first since
      445 words
    • 492 2  -  Union well-placed to operate healthcare system: Teng Cheong By Anna Teo SINGAPORE Some of the United States' top medical centres are interested in linking up with a hospital run by the National Trades Union Congress, Deputy Prime Minister and NTUC secretary-general Ong
      492 words
    • 275 2 SINGAPORE India is sending a high-powered delegation to Singapore next Monday to woo foreign investment for its recently liberalised power sector. Power generation was once closed to foreign investment, but under India's economic liberalisation programme, foreign firms can operate plants or distribute power
      275 words
    • 350 2 SINGAPORE Prisons director Tee Tua Ba, 50, is replacing Goh Yong Hong, 53, as police commissioner on July I, ending months of speculation. Mr Goh a law graduate who has been with the force for 30 years, 13 of them as commissioner is
      350 words
    • 392 2 Reuter JAKARTA Indonesia's banks, in trouble after a boom from end-1988 to early last year, will consolidate further this year and prospects for 1993 depend largely on the economy, PT Jardine Fleming Nusantara said yesterday. But in a report on
      Reuter  -  392 words
    • 478 2  -  European pragmatists opposing romantics' aim of unification By Salil Tripathi SINGAPORE The treaty of Maastricht has given a significant push to Europe, but it is way too early to roll up the map of Europe, said David Gordon, chief executive of the Economist
      478 words
    • 425 3 Offer raised to £3.9b, forcing Lloyds to consider its position Reuter LONDON HSBC Holdings pic, the parent company of Hongkongßank. said yesterday that it had raised its agreed offer for Britain's Midland Bank pic to £3.9 billion (S$ 11.5 billion) from £3.4
      Reuter  -  425 words
    • 258 3 SINGAPORE The only way for local companies to stay competitive is to ensure that quality is second nature, says Senior Minister of State for Trade and Industry Lim Boon Heng. At the opening of the Global Quality Congress yesterday, he said Singapore
      258 words
    • 406 3  -  TAS chairman gives upbeat growth forecast By Juliette Walker SINGAPORE Demand for telecommunications equipment and services in the Asia-Pacific is expected to accelerate sharply, building a US$4O billion (Ss6s billion) industry by 1995, says the chairman of the Telecommunication Authority of Singapore (TAS).
      406 words
    • 275 3  -  By Shoeb Kagda SINGAPORE The local subsidiaries of computer giant Hewlett Packard and worldwide transportation group TNT Express Worldwide have come up with a distribution service that is unique to Singapore. Under the new system, TNT Skypak International Pte Ltd will
      275 words
  • Page 2 Advertisements
    • 62 2 AN INCISIVE PRESENCE. Singapore 1 Tw r J OCEAN TOWERS Direct link to the MRT Column-free office f space Computerised building management g 4 system Sophisticated card-key security system High speed lifts Ample carpark lots OFFICES FOE LEASE JVv" FOR IMMEDIATE OCCUPATION UUSAN lvJWtlk) DEVELOPER: SOLE MARKETING AGENT 1 Ocean
      62 words
    • 167 2 $29 MILLION i Excellent prospects for increased income and hence capital (growth as a Tenancies: result of projected expansion of the Woolworths Supermarket Big W catchment area. Discount Department Store Coles g Outstanding depreciation benefits. M Supermarket 44 Speciality Shops j 3 Kiosks ANZ Bank Commonwealth For further information or
      167 words

  • Page 3 Advertisements
    • 1139 3 I SAL Industrial Leasing Limited I mm (Incorporated in the Republic of Singapore) I I I Singapore I fei A member of E I fffj Technologies I Industrial I I NOTICE OF ANNUAL GENERAL MEETING I >{A NOTICE IS HEREBY GIVEN THAT the 11th Annual General Meeting of the Company
      1,139 words
    • 328 3 HISTORY IN TIME 1 i WK y «.yA. JP ■m Planetarium Copernicus. Handmade tn I Hit gold, individually numbered, sapphire crystal, water resistant to 30 m. Shockprvof. Lady \ewton Automatic with power reserxe, small second and date indicator. IHct gold or steel/gold. Also available with a diamond set bezel ring.
      328 words

  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 91 4 KUALA LUMPUR Malaysian car manufacturer Perusahaan Otomobil Nasional Berhad (Proton) has reported a 39 per cent jump in net earnings and 23 per cent rise in turnover for the year to Mar 31, 1992. According to unaudited results issued yesterday, turnover rose to M
        91 words
      • 66 4 KUALA LUMPUR Malaysia Packaging Industry Bhd, which reported higher turnover of M 536.7 million and a 81 per cent rise in pre-tax profit to MSB.6 million for the year to Dec 31, 1991, expects to maintain its performance in 1992, thanks to continued growth in
        66 words
      • 84 4 KUALA LUMPUR Gold Coin (Malaysia) Bhd expects satisfactory results for the first half of 1992, despite a competitive operating environment, says chairman Tan Eng Liang in the latest annual report. Mr Tan said Gold Coin's first-half performance was stronger in terms of sales, efficiency and
        84 words
    • 253 4 SINGAPORE Directors have been urged to form an institute to take care of their interests in the face of increasing pressure to be more accountable to shareholders. The pressure has grown partly because the Stock Exchange of Singapore has imposed tough measures on companies
      253 words
    • 598 4  -  By Sangeeta Mulchand SINGAPORE The developers of Bugis Junction a massive office, retail and hotel project will tap local banks for about half the total project cost of $900 million. The remaining $450 million or so needed to fund the development will
      598 words
    • 542 4 MBT KUALA LUMPUR After a 10-year freeze, domestic air fares may go up by some 10 per cent. Sources said the Transport Ministry, after five rounds of meeting with Malaysia Airlines officials, has agreed to a quantum of "slightly higher
      MBT  -  542 words
    • 389 4 Renewed interest sparked by hopes of higher prices, rate cuts SINGAPORE Investors are again turning to property stocks on speculation that prices, particularly those of residential properties, are headed north and that more financial institutions would join DBS Bank in cutting interest rates. This week,
      389 words
    • 559 4  -  THE HOCK LOCK SIEW COLUMN By SN Vasuki SINGAPORE Private placement of shares has returned to fashion and rumours abound in the stockmarket about likely candidates that will resort to the practice. Yesterday, Singapore Land is believed to have placed a
      559 words
    • COMPANY BRIEFS
      • 95 6 SEOUL Samsung Electronics Co and Motorola of the United States signed an agreement on Monday to develop a personal computer that can read human handwriting, a Samsung spokesman said. A pen, instead of a key,toward, will be used to enter data in the computer,
        95 words
      • 64 6 MANILA The Japanese electronics firm, Uniden, will transfer part of its research and development facilities to the Philippines, spokesmen for the company and the Trade Devilment said here on Monday. The new project will cost 32.3 million pesos (552.02 million) and will be the first
        64 words
      • 74 6 TOKYO Major Japanese food-wrapping makers Mitsubishi Plastics Industries Ltd and Gunzc Ltd said they urged prosecutors to drop an indictment against them for alleged price-fixing. Mitsubishi Plastics said the indictment was made in response to US pressure, said a lawyer representing the company. Washington has
        74 words
      • 102 6 ADELAIDE Poseidon Gold Ltd (PosGold) said it has made a takeover offer worth A$ 187.95 million (SS231.6 million) for the 55.5 per cent stake it does not already own in gold miner Mt Leyshon Gold Mines Ltd. PosGold, 67-per fifent owned by Normandy Poseidon Ltd,
        102 words
      • 72 6 MANILA Philippine lawyers said yesterday they had filed criminal cases against Pepsi-Cola's local bottlers to claim millions of dollars in cash prizes which the firm refused to i pay after a lottery fiasco. The cases were filed with state prosecutors after Pepsi refused to pay
        72 words
    • 437 6 AFP HONGKONG Perceptions that China's economic reforms are irreversible are attracting money from the United States into Hongkong's stock market, adding fuel to a locally led boom, analysts say. American fund managers, normally fearful of China's political influence on the Hongkong
      AFP; Source: Bridge Info  -  437 words
    • 274 6 Reuter BEIJING Thousands of small investors desperate to offload shares stampeded an annex to the Shanghai stock exchange and forced it to close after only a few hours of operation, Chinese newspapers reported yesterday. The annex opened on Monday to relieve pressure on the
      Reuter  -  274 words
    • 393 6 Reuter SYDNEY The Broken Hill Pty Co Ltd (BHP) said it has offered to buy debt owed to the Vextin bank syndicate by Foster's Brewing Group Ltd shareholder International Brewing Investments Ptv Ltd OBI). The domestic news agency The Australian Associated
      Reuter  -  393 words
    • 360 6 Reuter TOKYO Caught off guard In the last business year when expected economic recovery failed to materialise, Japanese companies are treading Carefully in their earnings forecasts for the current year. But as the timing and fr>ace of Japan's economic recovery is difficult to call, cautious
      Reuter  -  360 words
    • 185 6 Reuter SEOUL Thirteen mem-ber-firms of South Korea's second largest business group, the Hyundai Group, face credit sanctions for having failed to retrieve loans borrowed for business purposes but diverted to their major shareholders and relatives. The move caused most of the
      Reuter  -  185 words
    • 369 7 Alliance to challenge GE leadership FT LONDON Rolls-Royce and Westinghouse on Monday forged a strategic alliance to challenge General Electric of the US for leadership in the large power generation business. The 15-year agreement between the UK aero-engine company and the US power systems
      FT  -  369 words
    • 519 7 NYT NEW YORK As some bankers and analysts had predicted, the US arm of Olympia York is being threatened by a recalcitrant bank creditor that is demanding payment of its loan, bankers and real estate executives said on Monday. Svenska Handelsbankcn, a leading Swedish
      NYT  -  519 words
    • COMPANY BRIEFS
      • 92 7 NEW YORK Standard Poor's Corp reported on Monday that 106 companies announced dividend increases 'm May. That figure was up from 89 in May 1991, but was below the 110 that reported increases in May 1990, on the eve of the recession. The
        92 words
      • 73 7 LONDON Luxury products maker Dunhill Holdings pic yesterday said pre-tax profit rose 3 per cent to £76 milliop (*****.5 million) in the year to the end of March on turnover up 12 per cent to £254.56 million. The firm, majority owned by Rothmans International pic,
        73 words
      • 66 7 COPENHAGEN Danish brewer Carlsberg A/S on Moriday said first-half pre-tax profits rose 7.5 per cent to 67t) million crowns (Ssl77 million) on net turnover down neatly one per cent to 4.70 billion crowns. The firm made a pre-tax profit of 623 million crowns on a net
        66 words
      • 57 7 NEW YORK Chevron Corp said on Monday that it would combine its five oil and gas research and technology organisations into one unit, which the company said would save more than US$6O million (5597.6 million) a year in operating costs. The consolidation will trim the
        57 words
    • 307 7 FT LONDON Investigators have uncovered a number of Liechtenstein-controlled companies with links to the Maxwell family which are beyond the reach of creditors and pensioners of the collapsed empire of the late Robert Maxwell. One of them, Sphere Inc, a fast-growing Californian computer games company
      FT  -  307 words
    • 358 7 Reuter DENVER A US federal judge on Monday fined Rockwell International Corp US$lB.5 million (Ss3o million) for illegally treating, storing and disposing of hazardous wastes at a nuclear weapons plant it operated. The fine is the largest ever for a violation of US
      Reuter  -  358 words
  • Page 4 Advertisements
    • 285 4 L__ h/ JK/k Make thot vital connection with the premier industry event in all Asia Inf tßGbJfis^iSf Th( 7th Alien InUrnttional Electronic The sth Aeien International Information Technology Communication Show 6 Conference Office Automation Exhibition Conferanca Few industries challenge tradition, time and space with more speed and ingenuity than telecommunications.
      285 words

  • Page 5 Advertisements
    • 232 5 We already 1 know who's going to reply to i M l II II II II l/l JJLJ advertisement. And by now probably so do you. (We assume Affinity Card membership brings. you've spotted the ICPAS logo in the bottom left Like preferential house loans. hand corner of this advertisement.)
      232 words

  • Page 6 Advertisements
    • 319 6 ul^H 5 Z&? IF .^'»'''*<&* JffiL'tf *x9H The Europe of corporate opportunity knows no frontiers. 4 In executive suites around the globe January 1,1993, is a red-letter day. As tor your success. DG BANK aggressively supports domestic companies in with DG BANK. We give your ideas perspective. o then Europe
      319 words

  • Page 7 Advertisements
    • 148 7 f n .rj n 1! ir n w Wrr> JUST BEFORE our crew V- DECKED THE CABIN ''«'IrJP with floral displays. V APPRECIATED THEM. <M ■Eeii 1 In fact, just 18 people did. "TT:" H V- Not that the flowers weren't absolutely JB splendid. (They were.) *1 jiJSKbB g 11
      148 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 79 8 TOKYO About 20 small and medium-sized Japanese brokerages plan to withdraw their memberships from the Tokyo International Financial Futures Exchange to cut costs amid the stock market slump, according to Euroven dealers and traders. A Title official yesterday confirmed that the exchange had
        79 words
      • 84 8 TOKYO The Japanese Finance Ministry has cancelled the registration of four stock salesmen, one at Daiwa Securities Co Ltd and the other three at Cosmo Securities Co Ltd. all of whom were involved in tobashi deals that violated the Securities and Exchange Law. Typical tobashi (throwing)
        84 words
      • 74 8 LONDON Brokerage house Hoare Govett, now officially owned by ABN Amro Holding, has made around 25 of its employees redundant. A spokeswoman for Hoare Govett said on Monday that the redundancies had been split roughly between front and back office staff. Dutch bank ABN. meanwhile,
        74 words
      • 75 8 BEIJING China plans to put 21 billion yuan (Ss6B4 million) of State Treasury bonds on the market on July 1 as part of efforts to tap growing personal savings of the public. A circular issued on Monday by the Ministry of Finance said the bonds
        75 words
      • 86 8 WINTERTHUR, Switzerland Winterthur Insurance Co, Switzerland's third largest insurer, said results in 1992 should be good provided financial markets stayed favourable. "All the measures we have taken will bring an improvement in results in both direct business and reinsurance," said chairman and chief executive Peter Spaelti yesterday.
        86 words
      • 75 8 AUCKLAND New Zealand's largest fraud trial, involving the failed Equiticorp group of companies, began in the High Court yesterday and is expected to last into next year. Equiticorp, a listed corporate raider with interests in New Zealand, Australia, Britain and Hongkong, collapsed in early 1989. Founder
        75 words
    • 487 8 NYT TOKYO After a decade of growth that left them towering over the world financial system, Japan's big commercial banks have been forced to hit the brakes on their global expansion. They have been hobbled by a problem many Japanese thought
      NYT  -  487 words
    • 217 8 Reuter BOMBAY ANZ Grindlays pic said it was asked by India's central bank to make "adequate provision" against possible losses involving a transaction with a state-owned Indian bank, but said it was not involved in a scandal which has sent Indian markets tumbling.
      Reuter  -  217 words
    • 330 8  -  By Quak Hiang Whai SINGAPORE New Zealand Insurance Company wants to widen its coverage in the Far East from Korea to Indochina. Patrick Wale, general manager of the NZ Insurance's regional office for South Asia, told BT that the NZI group is confident that
      330 words
    • 384 8 Banks worldwide cite mistakes of past 20 years Reuter TORONTO Chastened by mistakes of the last two decades. bankers plan to follow more focused and cautious strategies for the rest of this decade, bankers attending the International Monetary Conference (IMC) said on
      Reuter  -  384 words
    • 195 8 SINGAPORE Malayan Banking Bhd has launched its Affinity Visa Card programme with the People's Association Youth Movement (PAYM) in a further bid to expand the client base. The first such link-up in Singapore, the move opens the door for Maybank to tap
      195 words
    • 315 8 AFP KUALA LUMPUR Malaysia's central bank has tightened rules on currency swaps involving ringgitdenominated debt, a move that took speculators by surprise and sparked a chaotic drop in the recent bullish local unit. Bank Negara last Saturday issued a circular to banks in Malaysia
      AFP  -  315 words
  • Page 8 Advertisements
    • 363 8 THE PC SHOW '92 CONFERENCE MPCSHCW92 26 27 June 1992 m World Trade Centre Convention Hall Theme Accessing Global Information Through The PCs »mi i" inil l !iii 'H'iii" "'"mil ffi nr "i f i r vnrr TTrrnrari irT»'Tirirvnr' mi#MM mnnmMNIMl A rare opportunity for decision makers and professionals to
      363 words
    • 103 8 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available u.s.s BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
      103 words

  • THE REGION
    • 474 9  -  Stock market jumps 18 points on news of discoveries By Alec V Almazan SINGAPORE New oil and gas finds and the start of production of three new oil wells off Palawan Island are expected to provide the Philippines with about 35,000
      474 words
    • 483 9 Reuter ARSO, Indonesia They are likened to the 19th century pioneers of the American West but some just yearn to go home. In 1950, Indonesia began one of the world's largest organised movements of people, shifting them from the overcrowded rice bowl
      Reuter  -  483 words
    • 364 9 BANGKOK Thailand will tell the European Community at the upcoming bilateral trade talks that it is still not satisfied with the EC's position on attempts to liberalise farm and textile trade sectors, as well as its regulations that pose problems to
      364 words
    • NOTE BOOK
      • 80 9 MANILA The Philippine military has asked the US to deliver US$3OO million (SS4X6 million) in rental payments it owes Manila from its expired lease on military bases here, an official said yesterday. Manila needs the amount to acquire equipment to be
        80 words
      • 58 9 MANILA The annual inflation rate in the Philippines increased to 9.2 per cent in May. from 8.7 per cent in April, reversing a downtrend since September, the National Statistics Office said yesterday. The accelerated rate was attributed to increased costs of housing construction and repair, as well
        58 words
      • 82 9 KUALA LUMPUR Malaysia is likely to depend on largeand medium-scale industries for driving its development, unless effective marketing and research networks can be built between smaller firms to take advantage of economies of scale, a British university lecturer said here yesterday. He said that
        82 words
      • 73 9 WELLINGTON New Zealand electricity officials were holding crisis talks yesterday to find a way of averting power cuts. Unseasonally dry weather has left hydro-electric lakes at historically low levels and state-owned Electricorp. producer of most of New Zealand's power, has warned of possible power cuts. Electricorp
        73 words
    • 310 9 AFP SYDNEY Australia recorded a third successive quarter of modest growth in the first three months of the year, with gross domestic product increasing 0.6 per cent over the last quarter of 1991, official data showed yesterday. The Australian Bureau of Statistics now
      AFP  -  310 words
  • Page 9 Advertisements
    • 267 9 VS^^H "j- r^l B '1 It's the birth of a totally new Ford Telstar. Conceived Complementing its arresting looks, is a powerful belts, asbestos-free brakes. Even an environment-friendly by the mind. Sculptured by the wind. Not a revamp of and highly responsive 16-valve DOHC engine with fuel 3-way Catalytic Converter
      267 words

  • Page 10 Advertisements
    • 162 10 DELIVER YOUR PACKAGES OVERNIGHT TO VIRTUALLY ANYWHERE IN THE U.S. BEFORE 10.30 A.M. Other air express companies have to rely on commercial To keep track of everything we ship, we developed airlines to get your packages to North America. F COSMOS® and KIAC®. Two of the world's most sophisticated Federal
      162 words

  • THE WORLD
    • 508 11 Sector presses ahead for fourth straight month Reuter WASHINGTON A revival in the American manufacturing sector led to a slight rise in consumer incomes during April, the US government announced on Monday, raising hopes that the recovery is gathering momentum. Optimism was also fired by
      Reuter  -  508 words
    • 297 11 AP WASHINGTON The United States has launched a formal investigation into alleged piracy of American copyrights and trademarks in Taiwan that could bring higher US duties on Taiwanese products, the US Trade Representative's office said on Monday. The six-month investigation officially began after
      AP  -  297 words
    • WORLD WATCH
      • 116 11 TOKYO Japan's Management and Coordination Agency will ask other government ministries to take steps to prevent the rapidly rising number of personal bankruptcies filed since the collapse of the bubble economy of inflated land and stock prices. A report on consumer protection measures
        116 words
      • 74 11 TOKYO Foreign Minister Michio Watanabe's absence due to sudden illness from the current Diet session during this crucial phase for passage of the government's UN peacekeeping cooperation bill may bring his political future into question. Mr Watanabe was hospitalised in Tokyo on Sunday evening after
        74 words
      • 81 11 TORONTO US Treasury Secretary Nicholas Brady on Monday said the US budget deficit, along with several other economic problems, could adversely affect the country's competitive position in coming years. "Our continued large federal deficit, for example, poses a threat to our future prosperity and we
        81 words
      • 84 11 BRUSSELS Almost half the investigations begun in 1991 into alleged dumping of produce on the European Community market involved Japan and China, the European Commission said on Monday. Five of the 20 investigations concerned Japanese products and four Chinese goods, the Commission said in its
        84 words
    • 466 11 AP Bl IJINCi The annual US debate on renewing China's most-favoured nation trade privileges is about to resume, but unlike past vears China seems to have little worries. On the contrary, Chinese authorities have stepped up harassment of prominent dissidents
      AP  -  466 words
  • Page 11 Advertisements
    • 406 11 y JBMMP^^iPBBBI^B^BB^BB^BUBB^BBBiBBBIBBii^BBI^B^^BBBBBiB^^IBUmBBBBMBIBBBBBimBIBiBBBI^^mB^I^ f '«"*IM9P ~P9 SIMMMHHHMMMMM fiiiraßHl 4 ;|§||S|||^^^H| i K h fl vr '^M[^H f: 1 'M^n| Wimk* "ffimlSm Ilv V UTfIIIVnIIIIH I ■■nBMnMnRH. ••>■ ■HBB|HBgß*lE|^BMMß™iWjPß*fc^^v4 f sFlßßßßßl the There's a new PC AX 4s from Epson. grade i4B6SX-25 CPU This automatically makes it one of the fastest in
      406 words

  • 513 12 EDITORIAL THE MARATHON vote count in Manila has pointed clearly towards a sensible outcome. With only 770,(KH) more votes left to be counted and already 872,(XX) votes ahead of his closest rival, the pragmatic Fidel Ramos is set to be the next incumbent at Malacanang Palace
    513 words
  • WHAT THE OTHERS SAY
    • 295 12 REVELATIONS by the Housing Board last week that the prices of some transactions in the HDB resale market have been underdeclared suggest that better regulation and protection are needed for all who have a vested interest in the deals. If this practice is allowed to spread, the
      295 words
    • 70 12 IN DECIDING to impose sanctions against Yugoslavia to pressure it not to support irregular forces intent on carving up the former Yugoslavian republic of Bosnia, the United Nations has set a precedent in its handling of crises. With the end of the Cold War, this policy may bear
      70 words
    • 148 12 SCHOOLS should not only be places for students to obtain educational qualifications. Parents send their children to schools also in the hope that they will learn good behaviour and conduct. In fact, from society's point of view, the latter may be more important. We need to ask
      148 words
  • REGIONAL VIEWPOINTS
    • 170 12 THERE is no cause yet for euphoria over the United Nations Security Council's move to slap sanctions against the rump Yugoslavia. The sanctions may not bring immediate peace and relief to the people suffering from the scourge of war in the republic of Bosnia-Herzegovina. Teaching a group
      170 words
    • 128 12 SUM Ml IS have a tendency to he long on rhetoric, short on substance. Regrettably, that fate may befall this week's Earth Summit in Rio de Janeiro, which will be attended by nearly l(K) nations. The prospect of it achieving tangible results during the next fortnight diminished at
      128 words
    • 192 12 WITH more than 80 per cent of votes counted in the semi-official tally and a commanding lead over his closest challengers assured, Eidel Ramos' claim of victory in the recent Philippine presidential elections may well be more than mere political bravado. According to reports received over the weekend,
      192 words
  • 756 12  -  A maverick Swiss businessman wants to tell his peers at the Earth Summit that the environment represents a huge business opportunity. IVlarlise Simons reports Marlise Simons NYT FROM the pinnacle of his multi-billion-dollar empire, a maverick Swiss businessman is trying to change the way
    NYT  -  756 words
  • Page 12 Advertisements
    • 293 12 Business within easy reach, 44 times a week. Singapore Jakarta If you're a business traveller to Jakarta, youll be in good hands with Garuda Indonesia. That's because we have 44 flights to Jakarta every week at very convenient times. With up to 8 flights daily, youll enjoy superb comfort whether
      293 words
  • Page 12 Miscellaneous
    • 68 12 DOONESBURY BY GARRY TRUDEAU f ms.ufjght )\'i Excuse me HJE ARE HEAPING EHCZRFTS ISRECAIUNG RECAIt BEING COMMENTS? ON THE PRESSI uJE FROM AN INTERVIEW 'M TH IMi NO PCM AT A SEMINAR UJAS UJEAPJNG ANP ASKED ME CAN'T PERMtT HYPHENS B ANGELA HJRJGHTABOUT HER FOR- I MVCIVtNGJUS- UJHAT SIZE MY
      68 words

  • ANALYSIS
    • 745 13  -  In a world where ethnic strife is spreading. Western governments could do worse than look to South-east Asia, where long-standing racial and religious differences are slowly being resolved, says George Hicks George Hicks The writer is an economist who is preparing
      IHT  -  745 words
    • 1018 13  -  The 1992 Indonesian general election has become so lacklustre that politicians have turned it into a preview of the presidential race. Yang Razali Kassim looks at the stakes involved Yang Razali Kassim General elections in Indonesia have not been as exciting as
      1,018 words
    • 741 13  - Siberia Russia's secret weapon James Flannery looks at what the vast territory has to offer James Flannery Reuter RUSSIA still has a "secret weapon" that could make Moscow a superpower capital again the vast economic potential of Siberia, one of the world's last great wildernesses. Siberia means "sleeping land" in
      Reuter  -  741 words
  • Page 13 Advertisements
    • 91 13 Mr golf Xm/ course rnlvC ESTATE \/WD DEVELOPMENT SITES Prime Investment Country just 25 minutes from the heart of Perth! Marri Park Estate is a superb investment set to benefit from the freoway extension commencing in 1992. The Estate includes; Excellent existing 18 hole golf course Additional 9 holes under
      91 words

  • THE LAW PAGE
    • 840 14  -  There used to be a stigma about it; not anymore. Bankruptcy is hot now, says Gail Appleson Gail Appleson Reuter WITH A record number of American firms going to the wall, bankruptcy lawyers have become the star earners of their firms and say they're no
      Reuter  -  840 words
    • 535 14 CASE, ZACHARIA NORMAN AUGUSTINE AND ANOTHER V GOH SI AM YONG Court of Appeal of the Republic of Singapore, Civil Appeal No 83 of 1989. Justice Yong Pung How, Chief Justice, Justices Warren L H Khoo and M karthigesu THE central question
      535 words
    • 576 14 TAN SENG POW V TAN SENG HOCK High Court of the Republic of Singapore, Suit No 265 of 1989. Justice Warren L H Khoo THIS SUIT arose over the ownership of money in a joint account after one of the account holders, the
      576 words
  • Page 14 Advertisements
    • 281 14 iV mPs* 4 < _j£ SSSS£is*S3s^^^^^^^^^^^B Jifft? !O^^P^PSBBHl^^^^Bf the Quadrant The Quadrant A 28-storey intelligent office 11 II 11 1(J concourse provides visual relief from the concrete -ii ir—it —7/ l^r\\ building standing at the junction of Ceal Street and J L__— sTHttT *-~____j£/w- monotony of the an Creating a
      281 words

  • LIFESTYLE 1
    • 843 15  -  Melanie Tan talks to Singaporean violinist made good. Siow Lee Chin Melanie Tan SINGAPORK violinist Siow Lee Chin, 26, is emphatic about her music. And passionate to the core. "I have to do it. I need to do it. This is what I'm called to do. this
      843 words
    • 741 19  -  Singapore Festival of Arts 1992 Cheryl Liew gives Festival goers a preview of what to expect from one of America's leading orchestras Cheryl Liew Mention Dallas, and what probably comes to mind are cowboys, oil rigs and J R Ewing. But Dallas has a lot more to offer
      741 words
  • SPORTS
    • 546 15 French Open PARIS Andre Agassi treads the clay of Roland Garros with a special insouciance: after sticking around long enough to be the French Open's runner-up for the last two years, he believes he has good reason to feel arrogant
      546 words
    • 307 15 Reuter LAGONISSI, Greece Lancia driver Didier Auriol maintained a clear lead halfway through the Acropolis rally on Monday, nearly two minutes ahead of Ford's Miki Biasion and team-mate Juha Kankkunen. The Frenchman arrived in the ancient town of Delphi one minute 45 seconds
      Reuter  -  307 words
    • SIDE LINES
      • 131 15 BECKENHAM. England Pat Cash heat Puerto Rica's Jua Rios 6-3. 7-6. to move into the seeond round of the Direi Line Insurance tournament here on Monday, as the eoun down to Wimbledon began in depressinglv sogg\ fashion. I li 27-year-old London-based
        131 words
      • 59 15 BRATISLAVA, Czechoslovakia Germany's Dieter Ba mann and Nigerian Charity Opara set world best times for tl year at an international athletics meeting on Monday. Bai mann ran away with the men's 3.000 metres, finishing moi than one second ahead of Russia's Andrei Tikhonov in seu
        59 words
      • 66 15 INDIANAPOLIS Nelson Piquet left hospital on Mond. vowing that the crash that ended his bid to run in mot sports' grandest event would be his last. The 39-year-o former Formula I champion from Brazil said he is retirn from auto racing, after a crash in practice
        66 words
      • 67 15 BUENOS AIRES Disgraced soccer star Diego Maradoi hopes to play for the Buenos Aires club Boca Juniors when h 15-month ban for cocaine use expires later this month. Mai dona's agent told an Argentine news agency on Monda "Diego's idea is to play (for Boca) together with
        67 words
  • Page 15 Advertisements
    • 85 15 Why take chances? so much to dispose and I them the they T wrong hands. can be very costly I to your have a range HSM paper shredders your work No No ■pn whmvpi^h fuss. The result little pieces of paper that's totally illegible at 741 0009 for more information
      85 words
    • 47 15 Fill 1 .ifrf r il J?Ln Slrt perfected into a Science. Suits Sdirts of fCazuCess Qua City. jV W (°f>eong bailors i (Established 1933) Lower Lobby, Shangri-La Hotel. Tel: 235 7692 k #03-09. Westin Plaza, Rames City. Tel: 338 0819 f Fax: 65-337 3244 fll l"ll» 'liul
      47 words
    • 87 15 I £?>>:£ EURO-CAPITAL MARKETS B.V. (Incorporated in the Netherlands) H fc:' U*****,000,000 jM gggs^ 10% Series A Securitised Notes due 10th August 2002 1H Interest Paid Quarterly Principal Paid At Maturity Principal Secured By "AAA" Rated U.S. Government Guaranteed Securities Interest Secured By Interest Payment Guarantee Fund Issued In Bearer
      87 words

  • 317 16 Bugis Junction creating a new experience THE PROJECT Three members of giant Saison sign deal to operate $900 m development THREE MEMBERS of giant Japanese conglomerate Saison have signed up as major operators of the $900 million Bugis Junction development. They have also increased their investment in the project. When
    317 words
  • 269 16 THE GROUP THE SAISON GROUP is one of Japan's largest privately-owned corporate conglomerates with annual total net sales of about five trillion yen (about SS63 billion) consisting of nearly 200 companies with 145,000 employees. When it first started out more than half a century ago, its concentration
    269 words
  • 417 16 PARCO PARCO began 22 years ago as a new store concept for a new kind of consumer the younger, increasingly affluent, more discriminating person likely to perceive fashion in the very broadest sense. Today, Parco is the synonym for the fashion revolution in Japan. Parco's core business
    417 words

  • 228 17 BUG IS JUNCTION, a landmark development and eonservation project. will set precedents in more ways than one. Located in one of the most interesting districts of Singapore, it will be a catalyst for the revitalisation of the Victoria Street and North Bridge Road corridor. In construction
    228 words
  • 481 17 SEIYU ESTABLISHED in 1956, the Seiyu Group has nearly 21.700 employees and comprises 18 companies and 265 retail outlets, including departmental stores and superstores as well as a number of specialty stores. Seiyu, which stands for "innovation, leadership and excellence", is the third largest superstore chain in
    481 words
  • 426 17 INTER-CONTINENTAL HOTELS SINCE it was formed some 40 years ago. Inter-Continental Hotels has grown to more than 100 hotels in 47 eountries. Within the group are world-fa-mous multiple-star names like Le Grand Hotel Inter-Continental in Paris, the Williard Inter-Continental in Washington DC. the
    426 words

  • Page 18 Advertisements
    • 809 18 gj Nothing Beats A Bud. Iftffinfll where to wine, dine OF noime&j Experience Barbeque Baby Back Ribs. Clam Chowder Philadelphia Pepper Pot and more at Nutmegs throughout the month of M( iy at back to the 80s prices Set dinner is also available at $50*+ Lunch 12 noon to 2.30
      809 words
    • 295 18 onj<>f{fiiefaSfe Have lunch the American way for only M $36++. A delectable spread awaits. Dig *r in at Top of the M today. I Revolving Pesldu'art >V floor iHßlimjljjjjlH f We serve the world to you at Top of the M JBr A A QQ w K Vj hlfctnfcMrfawnrv tU
      295 words
  • Page 18 Miscellaneous
    • 696 18 TELEVISION AND RADIO C*Airj nr»in 560,2 30 < ~wi h ':iSLTs.«i..H«L, business ON RADIO L IWI 1. 11. j II B 1I 1 12.35 AM Close. sill dan kasihan. V4V 655 PM Opening 10.00 World News <M) BBC, 88.9 mHz in VHF Band II 7.00 CNN I i SBCB 10.30
      696 words

  • Page 19 Advertisements
    • 250 19 AND ENTERTAIN TjubfrtuS (jinll Prime Rib Of Beef Savour tender, succulent Prime Rib of Beef done the traditional way. Served complete with a tasty baked potato with toppings, yorkshire pudding and a fresh crisp salad. All in the cosy ambience of The Hubertus Grill.. a classic choice for dinner. Dinner
      250 words
    • 158 19 TRANE AIR CONDITIONING TM Mr. Im Mflng Why* H Chief Engineer Q P FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. J J Mr. Willi* Low Equipment Svaerro Engineer Eft'. THE BEST VALUE CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828 B ENTERTA NME rvmiimi l
      158 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 1003 20  -  S N Vasuki THE MOST eagerly debated cut in interest rates finally materialised yesterday although the announcement from DBS Bank came only after the stock market closed for trading. But the Straits Times Industrials Index which had lost 1.73 points at
      1,003 words
    • Article, Illustration
      64 20  -  _By Anthony Pang Comment AFTER a steep rise last week, this stock is now encountering resistance. Five-week and fiveday stochastics show the counter is heavily overbought. However, yesterday's pullback on sharply lower volume suggests the uptrend is still intact. Support should come in around $1.45, and a break
      64 words
    • 3071 20 Gr's Gr's 1992 Tel Curr Last Vol Day Ij«t Quote Di* Div YTd Net M Cap High Low Code Company Traded Sale +or- (*000) High Low Buyer Seller S C*r P/E Smil INDUSTRIAL AWD COMMERCIAL 220 170 1000 Acma 192 cd -2 125 194 192 192 193 12.2 2.1 6.4
      3,071 words

  • 3023 21 GK I ile lOSt >5 •> 5% (X"Bt Foreign 1340 > 40 HI'V SPH Foreign I WI 40 +Kn, Asia PatiIk 1110 MO 2 X".. DBS Foreign 1410 Ul 2.2% (AC (>45 15 2 4% Semb Shipvard 850 t 15 4-1 K% DBS 1154> HO
    3,023 words
  • Page 21 Advertisements
    • 149 21 J SPH SHINE COMPANY RESEARCH Shine is Singapore Press I foldings inforich database on Teleview, which incidentally is the most advanced videotex! system in the world. And SIM I Shine (Company Research is a high valueadded package comprising useful and pertinent business information on over 300 companies. We highlight who
      149 words

  • 3430 22 I DM 75 »4'; +14 5% M Cement V 238 *8 *3.5% PMC 5t* 155 +5 3.3% liuinncss M>* *42 '4 +12% II I cong Credit 240 f4 17% kl kepong 218 *4 1.4% (*>Mcn Iktpc 122 3 2.5% PJ IV\ Hldgs 85 13 3.7%
    3,430 words
  • Page 22 Advertisements
    • 33 22 TWL If -jM jm| sk? Wt H&* y <'.-4. H J&- <■■-*:- iii k^w J| -i-.'•"•?i,: x3*fl js&;ir v-^^H Pick up the latest tennis fare from Paris. the At lunchtime. phpcr NEW, NEWS, NEWSY <
      33 words

  • BT SHARE INFORMATION SERVICE
    • 660 23 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) M Resources lun I Dec 91 M$1 342<91 163) 0 /(06) I > SPC May 26 Dec 91 $6/ 300($46 968) 21(116) 12h(8) Sonvests Hldgs May 27 Dec $1 b04($715L) 0
      660 words
    • 132 23 Company Date Hall-year Croup pre-tax Interim ann to profit/loss (L) dividend (000) H Ganda Hldgs May 25 Mar 92 M$? S48($bS4L) -(-> Samanda May 25 Mar 92 MS/ 006($5 558) 3(—) CiC ltd May 22 Mar 92 $56 395($49 453) 5(5) NSI May 14 feb 92 M$46 248<
      132 words
    • 230 23 Company Date Year Group pre-tax Net earnings Cross ann to profit/loss (L) per share dividend ('000) (cents) MAS May 28 Mar 92 M$119.363($201.989) 32 3(564) 12 5(12 5) JC-MPH May 27 May 27 $7,213(116 481) 2 1(7 4) 7(11) HIP Hides May 27 Mar 92 $3.735($8.307) 2 5(4
      230 words
    • 1456 23 Current Ei Books Date Total for Total for payment date close payable the year last year 51 Jun 5 Jun 18 Jul 2 12 21 101IE *(**> 251 Jun 3 Jub 16 Jul 23 251 B Raya 1% Jun 24 Jul 8 Jul 20 31 2% Bonvejts 50c
      1,456 words
    • 444 23 Company Rights Issue Kcppct Finance One for four (< t SI 10 per share EnJate May 25 Boeks close Jun 4 Acceptance Payment NYA MAA Rts issue of 3 for 4 at M$1 00 L« date Jun 9 Books close Jun 24 Acceptance Payment NYA Company Bonus Issue
      444 words
    • 369 23 In local curr In S$ In IS$ S d) S ji Sd) S yr dy yr June 1 Index chge chge chge chge chge chge World 397.0 -0.5 -2.8 -0.8 -4 2 -0.5 -4.5 JEAFE 480.5 -0.8 -4.3 -0.8 -6.4 -0.5 -6.8 Europe 455.1 -0.4
      369 words
  • 593 23 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 1(H). In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period. say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 1101 24 Bernama LIGHT speculative buying interest towards the finish took share prices here to a slightly higher close yesterday after fairly quiet trading. The KLSE Composite Index at the close added 1.41 points to 586.74, the Industrial Index 2.94 points higher at 1,035.10 and
      Bernama  -  1,101 words
    • 4117 24 1*92 Ijist Vol Day Net Cap High l>ow Telcode Company Sale "000 High I/>» P/E Smil INDUSTRIALS 5?l 165 ISB 50* 172 -I 39 173 171 15.4 176.4 4U 314 7004 ASM 50* 318 unch 210 320 316 16.7 1307.6 650 530 7000 Acidchem 600 unch 2 600 600 20.7
      4,117 words

  • STOCK EXCHANGE OF THAILAND
    • 1808 25 Reuter STOCKS finished sharply lower yesterday as investors turned jittery over the political situation after parliament delayed naming a new prime minister, brokers said. The SF.T Index plunged 21.8 points or 3.12 per cent to 677.10 points from 698.90 on Monday, hut
      Reuter; Source: Bridge Info  -  1,808 words
  • 1149 25 Day's Day's Vol Price High I>ow Change CP. Indonesia 727,000 4500 4500 4450 150 Rig Tenders 686.500 1200 1200 1150 50 Ultra Java Milk 476,000 4700 4700 4650 unch HM Sampoerna 434.500 3350 3350 3200 200 Into 421,000 3700 3700 3650 50 Bank Duta 383,500 2850 2850
    1,149 words
  • Page 25 Advertisements
    • 139 25 UP. LIVING IT S? EACH WEEKEND, put up your cxcculivc feet, and let us shuttle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
      139 words
    • 27 25 Yesterday's Jakarta stock market report was not available. On the scoreboard (based on stocks listed in BT), 53 counters rose, 9 fell and 31 were traded unchanged.
      27 words
    • 16 25 EXECUTIVE OPPORTUNITIES read the Appointments pages Managers must manage. Business Times shows you how every Monday.
      16 words

  • TOKYO STOCK EXCHANGE
    • 2661 26 Reuter STOCKS ended higher in dull trade yesterday, led by dealers and program traders. Most investors were sidelined by the laek of fresh factors and worries of arbitrage unwinding ahead of futures settlement next week, and stocks basically traced the moves of the
      Reuter  -  2,661 words
  • STOCK EXCHANGE OF HONGKONG
    • 2774 26 Reuter STOCKS finished slightly firmer yesterday as continuing fund buying outstripped prof-it-taking in fairly subdued trading, brokers said. News that HSBC Holdings increased its bid for Midland Bank pic came after the market had closed. The blue-chip Hang Seng Index inched up 3.39 points
      Reuter  -  2,774 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2251 27 Reuter NFWS that John I lliott's International Brewing Imcstmcnts had been plaeed in reeeivership dominated trade on the share market > esterday, which ended slightly turner. I he All Ordinaries Index plunged more than six points to a low of 1.669.9 in
      Reuter; Source: Bridge Info  -  2,251 words
  • REGIONAL STOCK MARKETS
    • New oil find sends Manila shares up 1.3pc
      • 833 27 SEOUL'S depressed stoek market slipped to a 1992 low for the second consecutive day yesterday and would have sagged further if not for continual Korea Securities Market Stabilisation Fund intervention, brokers said. Ebbing confidence, a govern ment_imposed economic slowdown, tight and few prospects of an uptick in jjjfcports all
        833 words
      • 548 27 SHARE prices surged yesterday, spurred by reports of new oil finds south of the capital, brokers said. The Manila Stock Exchange Composite Index climbed 17.93 points (1.3 per cent) to settle at 1.405.72. buoyed by a 6 per cent increase in the oil sector, against Monday's 1.387.79. "What sparked
        548 words
      • 249 27 SHARE prices pushed the NZSE-40 Capital Index to a new 1992 high yesterday on one of the heaviest volume trading days for the year. Brokers said the mood is optimistic and they expect new highs to be made later in the week. "At some stage you will see
        249 words
      • 149 27 SHARE prices recovered from an early slump to end mixed on institutional buying on Monday, brokers said. They said the market opened weak amid rumours that more banks face trouble in a 30-billion rupee securities scandal. The Bombay Stock Exchange Index recovered from 2.928 to close at 3.001. down
        149 words
      • 559 27 ST(X'KS ended slightly higher in narrow, thin trade yesterday. Selling pressure was not heavy but buying was uncnthusiastic, brokers said. The weighted index closed 12.09 points higher at 4.468.94. with all sectors except financials and construction rising. Turnover was N1518.2 billion against Monday's NTS 16.6 billion. Sentiment was improved
        559 words
      • 59 27 Close Previous June 2 NEW ZEALAND NZSE-40 Capital I.$84 64 1.574.87 +9.77 MANILA Composite Index 1.405.72 1.387.79 +1791 I urnover (mil pesos) 256.05 187.3 +-68 75 TAIPEI Weighted Price Index 4.468.94 4.456 85 +12.09 I urnover (N [~S billion) 18.2 16 6 +1.6 SEOUL C omposite Stock Index 567.34 569
        59 words

  • WORLD STOCK MARKETS
    • Dow sails past 3,400 level for first time
      • Article, Illustration
        1344 28 SPURRED BY signs of an improving economy, the stock market rebounded from an early sell-ofT in active trading on Monday and helped the Dow to close above 3,400 for the first time in Wall Street's history. Analysts said a stronger-than-expec-ted report on the nation's manufacturing sector encouraged buying
        1,344 words
      • Article, Illustration
        831 28 SHARE prices fell on Monday in lacklustre trading on the London Stock Exchange. At closing, the broad based Financial Times-Stock Exchange 100-share Index was down 10.0 points, or 0.37 per cent, at 2,697.6. The Financial Times 30-Share Index was down 9.4 points at 2,104.7. The Financial Times 500 Share
        831 words
      • 387 28 WITH no fresh news to steer the market, shares ended lower on Monday on meagre turnover after any early buying interest ebbed away. Aside from professionals adjusting their long positions, "the market was totally dead," one trader said. The barely-changed opening level on the DAX blue-chip index proved the
        387 words
      • 274 28 A WEAK start on Wall Street kept the lid on shares on Monday which had been struggling to assert some local optimism all day. Prices were marked lower, but few actual sellers appeared, dealers said. The EOE Index closed 1.64 lower at 316.71, having shown losses first with London
        274 words
      • 104 28 The bourse ended its Monday session with the CAC 40 Index at 2,017.40, down by 0.78 per cent from the Friday close. The indicator had been down one per cent at the noon hour. Paris June I FFr CORBEILLE Air-I iguidc 784 00 -6 00 Akalcl Anslhom ***** 3.00
        104 words
      • 194 28 SHARES on the bourse rode a wave of foreign interest and program trading to close higher on Monday despite losses in other foreign markets. Dealers said the market had now entered a positive phase. "Program trading contributed of course to lifting the market but the underlying trend is quite
        194 words
      • 268 28 SHARES closed little changed on Monday in very thin trading disrupted by technical problems on the screen market, which drastically cut volume in the 35 stocks that account for about onequarter of turnover. On the economic front, dealers said the annual report by the Bank of Italy last weekend
        268 words
      • 245 28 SHARES ended a moderately active session on Monday little changed. Deal- ers said trading lacked direction with high money market rates weighing on sentiment and little more company news in prospect as this year's reporting season was almost over. The all-share SPI Index rose 0.9 point to 1,204.5 and
        245 words
      • 250 28 STOCKS rebounded from an opening slide to end stronger on Monday as bank and gold shares finished higher, dealers said. A sharp jump in the National Association of Purchasing Management Index to 56.3 per cent in May from 51.3 per cent in April helped the market turn around. The
        250 words
      • 469 28 June I Close Previous NEW YORK IXw* Jone* .1.413.21 3.396.88 f 16.33 S& P MM) 417.30 415.35 +1.95 Turnover (million) 190.64 204.01 -13.37 LONDON Financial I inies Wl 2.104,7 2.114.1 -9.4 FTSK KM) 2.697.6 2.707.6 -100 Turnover (million) 425.3 591 1 -165.8 FRANKFURT DAX Index 1.798 14 1.803.22 -5 08
        469 words
  • Page 28 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1172 29 REPORTS THE US DOLLAR was firmer against the yen and the mark yesterday in Asia on short-covering, but its rise against the yen was capped by selling on tops and afternoon rumours of Bank of Japan (BOJ) dollar sales, Tokyo
      1,172 words
    • 388 29 Cross rates June 2 US$ SS MS Dm Yen SFr AS NZS USS 1.6280 2.5400 1.6070 127.30 0.5479 1.4570 1.3193 1.8692 SS 0.6143 1.5602 0.9871 78.1941 0.3366 0.8950 0.8104 1.1481 MS 0.3937 0.64 0.6327 50.1181 0.2157 0.5736 0.5194 0.7359 Dm 0.6223 1.0131 1.5806 79.22 0 3410 0.9067 0.8209
      388 words
    • 528 29 Interbank rates SS, Bid Offer Overnight 2 7/8 3 1-month 2 7/8 3 2-month 3 3 1/8 3-month 3 1/16 3 3/16 Overnight mode: 2-5/8 LSS Bid Offer 7 days 3 15/16 4 1/16 I month 3 15/16 4 1/16 2 months 4 4 1/8 3 months
      528 words
    • 299 29 Reuter BLUING Shanghai has begun a new experiment with foreign exchange forward contracts, but like most of China's bold attempts at economic reform many obstacles are still ahead. "We tried it yesterday to see if we could do it." Wang Deshun. an official at Shanghai's
      Reuter  -  299 words
    • 1471 29 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Jun 92 95.90 95.93 95.90 95.93 1 800 1042 ***** Sep 92 95.63 95.65 95.61 95.63 7000 2737 ***** Dec 92 94.96- 94.97 94.94 94.97 3000 2743 ***** 94.95 Mar 93 94 83 94.85 94.81 94 84 1500
      1,471 words
  • Page 29 Advertisements

  • COMMODITIES
    • 369 30 Reuter SINGAPORE Singapore's most visible derivative instrument for energy ex-change-traded fuel oil futures has reached a crossroads and must find ways to attract more speculative participation, traders said. They said low volumes and keen competition for customers have led to domination by a few
      Reuter  -  369 words
    • 244 30 Reuter KUALA LUMPUR Tin prices are set to soar even higher after touching an 18month high in Malaysia yesterday as a prolonged worldwide glut starts to end following renewed consumer demand worldwide, analysts said. "On the whole, the price uptrend should
      Reuter  -  244 words
    • 731 30 REPORTS SINGAPORE: Rubber futures closed steadier on light short covering yesterday but trade was sluggish, brokers said. "The marked unchanged from overnight but improved fractionally on small turnover," one senior broker said. Tight physical rubber supply, particularly in Thailand's RSS-3, also underpinned prices.
      731 words
  • 1653 30 Rubber MRELB (fob in bates) (M cents/kg) Noon Close Int I RSS July 92 218.50/220.SON 218 50/220.50 Int 2 RSS OP 216.50/217 50N 216 50/217 50N UK/Cont 215.50/216.50N 215.50/216 50N Int 3 RSS OP 214.00/215 OON 214.00/215.00N UK/Cont 2I3.0Q/214.00N 213.00/214 OON Int 4 RSS OP *****/212.00N *****/212 OON UK/Cont
    1,653 words
  • Page 30 Advertisements
    • 816 30 BUSINESS TIMES Toll free Tel No 737 0043 "Fax No: 734 3698 iij<:N(l\KS New Zealand's Premium Thoroughbred Horse Stud Main homestead includes ptx>l Staff residences *'j Extensively post railed c Stable facilities and stallion houses Officc-receptionbuilding v Breeding shed and feet! room Also available an extensive list of high quality
      816 words

  • 1244 31 City Flight ETA Flight ETD Abu Dhabi GA886 0010 Adelaide QF81 1955 QF82 2205 SQ227 2245 Amsterdam GA895 1100 SQ324 2200 KL837 1255 KL838 2240 Athens 0A471 0055 OA472 2240 Auckland NZ21 1820 NZ22 1940 SQ286 2030 SQ7295 2245 Balikpapan GA911/524 0800 Bandar Sen BI421 1105
    1,244 words
  • THE TRAVEL PAGE
    • 670 31  -  LETTER FROM TUNISIA By Abdelaziz Barrouhi THE JEWS of Djerba had never seen anything like it. The Tunisian government had invited foreigners to observe the annual pilgrimage to their ancient synagogue, traditionally a quiet assertion of the small Jewish community's survival on this holiday island off
      670 words
    • 155 31 As at 10am yesterday: Local dollars to one unit of foreign currenc> Currencies Bid OtTcr Australian dollar 1.2280 1.2380 Canadian dollar 1.3410 1.3510 NZ dollar 0.8620 0 8920 Sterling pound 2.9580 2.9780 US dollar 1.6220 1.6320 l>ocal dollars to 100 units of foreign currency Austrian schilling
      155 words
    • 44 31 Duration Title Venue Organiser [el Duration Title Venue Organiser Td June 20 Jakarta Fair Jakarta Yayasan <*2l2l/.W2IW hth Hongkong Hongkong lk-ad»a> Iradc (852)*****21 |g l'cn\elenggaia International Convention hairs Ltd Fa*:*****64 Pameran Dan Fashion Jc«clki> Exhibition IVk.in Kava Xeeessooes Centre Jakarta Fair
      44 words
  • Page 31 Advertisements
    • 42 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details We know Europe from (tart to Pin rath.
      42 words
    • 8 31 Innovation and Technology in Business Times on Tuesday
      8 words
    • 186 31 j:r pins imtAaiiE a# i» mm From Ist May till 31st Inly 1992, with just to a useful WAIST POUCH to store a minimum purchase of US$lOO Thomas Cook all your cash in or a superb TRAVEL BAG V^d Travellers Cheques, you will receive a lucku draw that s ideal
      186 words
  • Page 31 Miscellaneous
    • 225 31 Embarrassed by record of ~ljjl hV bureaucratic constraint 13 Manage to garage fashionber 18 Tutor acquires suite with |h| AH iHf hesitation (7) IH MM—— 881 19 Remedy a lack of rhythm 24 22 About to take young ladies out of lectures (7) 29~" 24 Only it trodden under- 26
      225 words
    • 167 31 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report: Maximum temperature 32.6 Assoc humidity 70% Minimum temperature 25.4 Assoc humidity 98% Hours of sunshine. 10.00 Rainfall in mm Nil Rainfall this month 21.1 Rainy days this month... I World forecast Asia-Pacific Hi/I/)* Cond. Auckland 13/02
      167 words
    • 18 31 my r,me D^? pvNfc £H€.£G)i OJHOT FbTATO.... wsße 11 f f -Lu BfeBB ASSOCIATED NEWSPAPERS LTD. 1»«2 1992
      18 words

  • 342 32 Govt sets Dec 19 as date for polls Reuter TAIPEI Taiwan will hold the first general elections to its legislature in over four decades on Dec 19, Interior Minister Wu Poh-hsiung said yesterday. It will be the first time that the
    Reuter  -  342 words
  • 109 32 KRF TAIPEI Taiwan's Ministry of Finance will begin to accept applications for setting up new insurance companies today, a ministry official said yesterday. This is the first time in 30 years that the ministry has allowed new insurance companies to be set up.
    KRF  -  109 words
  • 44 32 SYDNEY Three people showing what they will do to their credit cards at a protest yesterday against high card interest rates set by banks. Other protest moves suggested included cutting spending limits and paying bills in Asl (551.23) daily instalments.
    44 words
  • 408 32 Reuter LONDON Britain's economy, which contracted by 2.4 per cent last year, may achieve no growth this year, economic forecasters said yesterday. Economists cut earlier projections of a small expansion by the year's end after recent news that the economy contracted by
    Reuter  -  408 words
  • 431 32 Reuter MOSCOW Reforms to liberalise the Russian economy have been put to their toughest test yet by the resignation of the central bank president, just as Western experts see signs that the harsh five-month-old medicine is working. The resignation on Monday of central
    Reuter  -  431 words
  • 791 32  -  The Bottom Line PAUL WEDEL PAUL WEDEL The writer, a director of The Pacific Rim Consulting Group, was formerly Bangkok bureau chief for UPI nen s agency THE political situation in Thailand is at a delicate and dangerous point. The resignation of Prime
    791 words
  • 351 32 Bid to prevent Russia from selling off property Reuter KIEV Ukraine, pressing its claim to a share of former Soviet Union property, asked foreign governments yesterday to freeze the status of all assets taken over by Russia. A foreign ministry statement
    Reuter  -  351 words
  • 496 32 Reuter JAKARTA Indonesia's political elite is frustrating efforts by technocrats to deregulate the economy, a leading private economist says. "Since June 1991, Indonesia has failed to produce one single deregulation policy,'' Sjahrir. head of the Institute for Economic and Financial Research, told a news conference
    Reuter  -  496 words
  • Page 32 Advertisements
    • 312 32 CHARTPOINT Every Saturday in Business Times GIVE YOUR HQ IHE EXECUTIVE nmmiHir Diminished "°"V I'nes H leading to fine lines baggy we3jF'"~~ Diminished i the onset of aRI furrovved Removed stress lines open pores and blackheads ft; jt,,„ Removedthe start of *-a* the double chirf look f Diminished y i
      312 words
    • 14 32 CHARTPOINT Every Saturday in Business Times Sideshow in a larger shadow play, Pg 13
      14 words

  • Shipping Times
    • 381 33  -  By Rahita Elias SINGAPORE The bulker and tanker markets are expeeted to remain weak this year since a "noteworthy upturn in either markets" is unlikely, according to shipbroker Simpson, Spence Young. Its 1991 Annual Shipping Review projected: "For 1992, we can find little
      381 words
    • 398 33 Reuter HILTON HEAD. South Carolina. An anti-shipbuild-ing subsidy bill, passed by the US House of Representatives, was criticised by shipowners at the American Petroleum Institute (API) Tanker Conference who claim it will chase shippers away from US ports. "This bill is bad news for
      Reuter  -  398 words
    • 190 33 Reuter HILTON HEAD, South Carolina The world tanker market is due for a rebound by 1995. but tanker freight rates should hit new lows in the near-term, said Tom Moore, vice-president of Chevron Shipping Co. a unit of Chevron Corp. "Fixtures for VLCCs (very
      Reuter  -  190 words
    • 183 33 PIRAEUS. Greece The International Association of Dry Cargo Shipowners (Intercargo) intends to fight a recommendation that an additional insurance premium be introduced on bulk cargoes carried in ships of more than 10 years of age. Intercargo chairman Frank Chao said here on
      183 words
    • 1159 33 Page Col ABC Containerline 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 7 2 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 4 ASXCL Shpg 15 2
      1,159 words
    • 372 33  -  By Juliette Walker SINGAPORE Singmarine Industries has launched a $52 million well stimulation vessel intended for delivery later this year to US-based Western Petroleum Services International (WPSI). Following its final outfitting at Singmarine's main yard, the 93-metre Western Renaissance will rank as the largest
      372 words
    • NEWS SUMMARY
    • 471 33 Reuter ABU DHABI A multinational research team has created a computer model of the Gulf which will help authorities track the movement of oil slicks and mobilise cleanup operations with greater accuracy, scientists say. Michael Reynolds, an oceanographer
      Reuter  -  471 words
    • LOG BOOK
      • 141 34 1 ()NIX)N Shipping industry sources said they expected little impact on the industr> from Yugoslav sanctions by the L'nited Nations, with only the Montenegran coastal area affected. The Chamber of British Shipping (CBS) said it had for some time recommended avoiding the area. Ihe
        141 words
      • 138 34 NEW DELHI India and Israel, which established full diplomatic relations in January after four decades of hostility, are to set up direct air links under an unpublicised agreement signed last week, the Press Trust of India (PTI) said on Monday. An Israeli civil
        138 words
      • 77 34 WASHINGTON Negotiators for AT&T and two unions representing 125,000 workers at the nation's largest long-distance company resumed talks on Monday on an expired contract. "Progress is being made," AT&T spokesman Herb Linnen said. "Some key issues remain, but we're still hopeful that the differences remaining can
        77 words
      • 104 34 PERTH Aviation history has repeated itself in isolated country in Western Australia. A replica of a Bristol Tourer biplane commemorating Australia's first commercial mail flight 70 years ago went down on Sunday between Geraldton and Carnarvon, on the Northwest Coastal Highway, government sources said. Pilot
        104 words
      • 84 34 PIRAEUS A record attendance of over 1,200 firms from 53 countries are participating in the biennial Posidonia International Shipping Exhibition which opened on Monday evening at the Greek port of Piraeus. As part of the five-day exhibition, a Ibrum of leading shipping representatives will discuss
        84 words
    • 1730 34  -  Steven Prokesch explains why GPA's forthcoming stock offer has to be a success for the world's largest aircraft leasing company Steven Prokesch NYT Tony ryan, the founder and chairman of the CPA Group pic, the aircraft-leas-ing giant, seemed unusually subdued the other day for
      NYT  -  1,730 words
    • 12683 42 I his is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line insolved and the estimated dates of arri\al and departure Irom the Port of Singapore. LEGEND PN: ship calls at Pcnang
      12,683 words
    • SHIPS IN PORT
      • 746 49 fcrth km* Deparhie Vttsel Voy Vrnal Departure Marina Terminal 1 Orta 1/9.' S04 atongside 02 06 2J00 Batam Baiu Blb2 M04 alongside 02 06 2300 Sei|in 43 SOI 0306 1400 03 06 1800 Batam Murni *****2 MOb alongside 02 06 2300 Toyotufi lb 14 S01 02 06
        746 words
      • 185 49 Johore Port Berth: 1: nil: 2: Da Dong Hat. Jiang Chang, 3: Pernas Proton. 4: Tern, 5: Kapitan Visjliy Kulik; 6: nil. 01 jetty: Global Eos. DCJ: nil. Due on Juie 2: Bum Dong, Botany Triton. Eastern Tera, Wan Hai 202. Due on June 3: Kyoei Maru
        185 words
      • 1683 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS s*> Voy No Containers avaiabie Shi) Voy No Containers avaiabie Izvestia 29MF92 0106 92 0505 Dragon Bram 31S COO(EST) *****2 0700 Stamford 41W 0106 92 0702 Hakone M 03W COO(EST) *****2 0700 Hari Bhurr 49S 01 06 92 0720 China Sea
        1,683 words
    • 942 50 June 4-5 (2 davs): Advanced Inventory Management, organised bv Singapore Institute of Purchasing and Materials Management. I or more details, please contact SIPMM Fxecutive Officer at tel: 273-4172 or fax: 274-1132. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications. organised b> IBC Technical Services Limited at 1 he Mandarin
      942 words
    • 571 50 DKY CARGO brokers reported few fresh fixtures on key routes on Monday, blaming the inactivity on the aftcr-clfccts of European holidays. a major industry gathering in Cireeee this week, and the onset of a seasonal decline. I he Baltic freight Index fell six points to 1.261 with rates
      571 words
    • 316 50 FREIGH T rates confirmed their downward trend last week, atTcctcd by excessive capacity, the absence of any economic recovery in the United States and the depth of the recession in Japan. On the futures market, the Baltic Freight Index lost 19 points to stand at 1.267 points on
      316 words
    • 618 52 Reuter BRUSSELS Pigeons flutter in the rafters, the arrival hall doubles for departures and the international clocks are usually wrong, but Brussels' Zaventem airport is determined to become the gateway to Europe. In keeping with the city's ambitions to become the capital
      Reuter  -  618 words
    • 581 52 NYT WASHINGTON In a victory for the US airline industry, the Supreme Court ruled on Monday that states may not regulate the way airlines advertise their fares. The five-to-three decision, upholding a ruling last year by a federal appeals court,
      NYT  -  581 words
    • 511 52 Reservations systems swamped as US carriers wage price war NYT NEW YORK The halfprice fare war touched off among the nation's airlines last week has ignited one of the most frantic ticket scrambles in the history of the industry. Prospective passengers have swamped reservations systems
      NYT  -  511 words
    • 223 52 MP WELLINGTON Former state-owned Telecom Corporation of New Zealand on Tuesday posted a NZS4O2 million (SS3SO million) net profit for the vcar to March 31. The profit, up 21 per cent from last year's figure, was what Telecom predicted last year
      MP  -  223 words
    • 413 52 Reuter UNITED NATIONS The United Nations was to begin negotiations yesterday with warring parties in BosniaHerzegovina to try to open Sarajevo airport for humanitarian supplies, a UN spokesman said on Monday. "We have indications there is a willingness on all
      Reuter  -  413 words
  • Page 33 Advertisements
    • 21 33 Unas and services represented by Member* ef the Registry of Accredited Singapore National ShipFor advertising enquiries, contact Shipping Times lei 740-2089/740-2090
      21 words
    • 134 33 INDONESIAN STEVEDORE AND PORT SERVICES For ail Indonesian main ports including out ports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE:SS";SSS Container Schedule 17 Daily Freights 18 Indei 1 Shipping Guide 10.11 Ships in Port 17
      134 words

  • Page 34 Advertisements
    • 101 34 Jr X >-< «X vm»<X >>x jv>* 1/ ißo^ j It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by 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
      101 words

  • Page 35 Advertisements
    • 4643 35 oocl (S) pte ltd jardine shipping agencies All 11/ BOOKINGS TEL *****34 *****58 ■ai|i W TERMINAL/CFS TEL: *****18 220 PfiAAAArI pesaka jaroine shipping AGENCIES SON. BHD L wOOQr J PORT KELANG TEL *****18 FAX *****91 *****88 I C PENANG TEL *****4 FAX *****1 CFS TEL *****6 Dedicated to Quality Service
      4,643 words
    • 1473 35 uamssmsm NEXT SAILINGS TO U.S.A. ARTHUR MAERSK V.9210 ETA SIN 8/6/92 MARGRETHE MAERSK V.9206 ETA SIN 9/6/92 Vessel Voy ETA ETO Feeder by DESTINATIONS World Lynn/ Aries This week Margretha Maersk 9206 ITTTIIHIIW Mil FWIIWII HW 9/6 0800 MRS Porl CFS 8 6 2359 HRS Kelang Penang OAK L(JB MEM
      1,473 words

  • Page 36 Advertisements
    • 1626 36 n dam ]~M<pvn VOY NO SPORE JEDDAH SHAMIONHBURG ANT LE HARVE KASUGA I 21/122 4,6 13/6 27/6 23/6 22 6 I. ALL WIST BOUND DRESDEN EXPRESS 05/322 7/6 24/6 26/6 29 6 30 6 PORT KELANG PfNANG DANUBE 02/123 11-6 20/6 4/7 30/6 29/6 CARGO TO UK/CONTINENT LUDWIGSHAFEN EXPRESS 02/323
      1,626 words
    • 487 36 I EXPRESS TO PAPUA NEW GUINEA I SPORE CHEFOO V7S 12/06 POM/HON/NORO/RAB LAE/MAO ALAM TALANG VIS 01/07 POM/HON/NORO/RAB/ KIM/LAE/WWK CHEFOO VSS 25/07 POM/HON/NORO/RAB LAE/MAO ALAM TALANG V2S 12/06 POM/HON/NORO/RAB KIM/LAE/WWK CHEFOO V9S 03/06 POM/HON/NORO/RAB LAE/MAO (LCL B/BULK) T/S: ALOTAU. OROBAY. KAVKNG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H
      487 words
    • 1393 36 Hmxam REGULAR INDEPENDENT FULL CONTAINER SERVICE ACCEPTING LCL NEXT SAILING: 'NORASIA SAMANTHA' 9215-3 ETA SINGAPORE 14 JUNE '92 ITALY VENICE/TRIESTE/ANCONA EGYPT ALEXANDRIA/PORT SAID GREECE PIRAEUS MALTA VALETTA FOR BOOKINGS, PLEASE CONTACT MISS S. C. TAN *****83 GENERAL A6ENTS: Bangkok Malaysia mtoksia NORASIA AGENCIES (S) PTE LTO 5."5£/5 LT "Slang SHmtc
      1,393 words

  • Page 37 Advertisements
    • 2222 37 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCtPIS out s»»s CARGO tmt D HUH RAJAH BROOKE VI3E Mujia. Lab. KK In Pwt 04 hm MARION V 008N 06 07 AJf* 09 10 HM SI RAIT S HOPE VO7E Muaia Skan.
      2,222 words
    • 2773 37 SINGAPORE AGENT: 13at/| P&0 containers (Singapore Agencies) Pte Ltd A 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 r CR Number **********0Z EXPORT IMPORT VESSEL VOV -PNG PKO SIN ALO SOU ART ROT HAM VESSEL VOV ANT
      2,773 words

  • Page 38 Advertisements
    • 596 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI. VQT SPORE ROAM ADAM H'BURG BREMEN ANTWERP ETA.O MA!ARAM 32M8 9-7-13/7 14,8 19/1 24 1 27 S FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to lnduc*m«nt. Alto acc*pting cargo to Casablanca. Port Satd, Port Alexandria. Ganoa, Triaata. ALSO ACCEPTING BOTH
      596 words
    • 1582 38 0 HANJIN SHIPPING FDR VSL SIN LINE HAUL IGB OAK FDR VSL SIN IIM HAUL SAV AM NYC HANIIN ELIZABETH 004E 6 6 DIttCT .'8 b 1 HANNN KUNSAN 075E 8 6 M KOBE 0371 16 7 17/7 19/7 HANJIN VANCOUVER 00* 14 6 DIRECT S 6 8 6 FISHGUARD
      1,582 words
    • 1353 38 d -Trn"3"3^l^ |«t S® KSC mc RIG PUS MRT OS* NOT SAW ITO lAI CHS BAI NTC IMV AN* RDM T» «C «C C» «l St? I f GINTU At 044 2'i In Pt 4/6 10 6 12 6 IS 6 16 6 IS 6 US2OS 21 S 3?IS 7
      1,353 words

  • Page 39 Advertisements
    • 2245 39 S* NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) jjFjf BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 222 1253/*****50 AUST/INDIA/PAK SERVICE *****00 NEPLINE SDN BHD MALAYSIA K L.-(03)
      2,245 words
    • 1049 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 [ASTBOUNO DISCHARGING WESTBOUND LOADING TRANSHWED VIA ROTTERDAM vtsats ¥0*
      1,049 words

  • Page 40 Advertisements
    • 1850 40 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TkTl7 *****77 TFIFX. KAWAKi R*****5 FAX: *****07/3/9 m M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD JU TEL SA *****00 PK *****01/5 PENANG *****0 J3 236*01 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUT INTERNUSA TEL: JKT *****76, *****77.
      1,850 words
    • 888 40 PHIU-OMCNT LIN€S PT€ LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 Te1:*****22 *****69 *****00Te1ex:R*****0FAX:*****76 *****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/MEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE j 17 JUN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 12 JUN AUCKLAND.
      888 words
    • 342 40 /V?"tn GOLDEN LINE^N guan guan shipping (PTE) LTD W 23 If** Hftf Street SINGAPORE 0104 lEI 534J951 <10 l«*S) fai *****04 (CK No **********0N) STRAITS/PERSIAN GULF SERVICE Spore P Ketang Penang GOLDEN KM Karachi Dubai Dammam 171 km GOLDEN SIM) Karachi Dubai Dammam 2/4 My CHIHA SERVICE A VSI China
      342 words

  • Page 41 Advertisements
    • 2305 41 5335?#®MM_ PACIFIC INTERNATIONAL LINES (PTE) LTD ■I V ViHBI lO Cec Street. #03-00 PIL Building. Singapore 0106 Tel: *****33 CR NO IQQBQ67QOOOE JAKARTA |BANGKOK I? .I VESBEL VOY S,N JKT SIN VEBSEL 111™ S IH T/S S7. EQUATOR HAWK 4«N 4/0 6/6 11/6 OTA SUWA l KOTA INOAH 231 7/6
      2,305 words
    • 746 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT'SCANDiNAVIA WEEKLY FEEDER VESSEL PENANG PKELANG I OCEAN VSL VOY SIN SOU (1) ATM (2) HAM (3) GOT (4) ANSON/TBN 5/6 6/6 ALSIA 2222 9/6 26/6 28/6 29/6 1/7 ANSON/TBN 12/6 13/6 BENAVON 2232 16/6 3/7 5/7 6/7 8/7 ANSON/TBN 19/6 20/6 JUT LAND) A
      746 words
    • 327 41 MA MYANMA PHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg Pen P Gdj PINY A VI22W IN PT 10/14 )un MYOMAYWA VI42W 10/12 km PAGAN ¥183* 9/12 Jun HPA AN VI7BW 15/U lun NIGERIAN NATIONAL M SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN V.S2
      327 words



  • Page 44 Advertisements
    • 2682 44 Container Liner Services Malaysia's Agents: Indonesia's Agents: Guan Gum Snipping Sdn Bhd Chung Chiao Shipping Sdn Bhd p. J. Global Pvtra Indonesia maritime Cene,Agents: to Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 4POOO Port hijiv Oft Mm looh Sentui shoo ki JakartaPusat 2 Mistn HakJ 4/Hill Shed
      2,682 words
    • 309 44 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #14-04 NATWEST CENTRE Singapore 0106 T»l«> R*****0 ■■■I Tel *****81-3 Fax: 22S 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 984 IN PORT 05/06 (FRI) TANTO CAPITAN 900 06/06 (SAT) 10/06 (WED) LAWANTI 964
      309 words

  • Page 45 Advertisements
    • 673 45 (j£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 7/6 ROTTERDAM 7/6 HAIFA/ASHDOD/ALEXANDRIA 7/6 HAMBURG/BREMEN 776 MARSEILLE/FRANCE 7/6 FELIXSTOWE/UK 776 BARCELONA/SPAIN 7/6 LEHAVRE/ANTWERP 7/6 GENOA/ITALY 7/6 GOTHENBURG/SCANDINAVIA 776 LOS ANGELES/WC/IPI 7/6 SYDNEY/MELBOURNE 5/6 NEW YORK/EC 7/6 FREMANTLE 5/6 VANCOUVER 7/6 BRISBANE/ADELAIDE
      673 words
    • 810 45 fgl RICHFIELD MARINE AGENCIES (S) PTE LTD Q9 TEL: *****33 (12 Line*) EFAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) |r<T\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV I HA ILOAIMM. fOM SPOKE NETSANt T JbWh "T706 DAHESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAVbA ABvOI
      810 words
    • 532 45 JAKARTA BANGKOK Wg. VOY m JKT VCSgI VOY BW6AWM lARU BHUM 03S8 04 OS 07/06 MAHA BHUM HON to PI 03,06 Sit 06 06 mm BHUM 144S 9 6 PIYA BHUM tt 236N Ihui 04 06 Sun 07,06 lARU BHUM 04SB 11 06 13,06 NAN! A BHUM 9?N Sit 06
      532 words
    • 429 45 I ®SS«UI INIHKj VSL VOY SINGAPORE MADRAS SINGAPORE St. I VESSEL 101 S* MAD SM TIGER CLOUD ISN 04 05 06 11-12, M 1119 06 TIGER BRCCt 2D7N 06 07 06 1J 15 06 20 2106 TIGER STAR 19N 10 1106 17 IS 06 24ft 06 TIGER STEED 20«N U
      429 words

  • Page 46 Advertisements
    • 2048 46 j M AC-NELS S'PORE IMPORT: *****11 PENANG: (04) *****6 SIBU: (084) *****9 KK: (088) *****0 TAWAU: (089) *****9 P KELANG (03) *****77 JAKARTA: (21) *****32 KUCHING (082) *****3 SURABAYA (31) *****0 I i§IiCAN/MED PORTSI COLOMBO/S. AFRICA I nr. PfN SIN PEN PK SIN Colombo 6/6 7/6 8/6 I i 166
      2,048 words
    • 1162 46 THONG SOON LINES PTE. LTO. 77 ROBINSON ROAD #15 00. #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IvOY lETA [PEST VESSEL VOY
      1,162 words

  • Page 47 Advertisements
    • 887 47 COMPANIA PERUANA TORA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK/FCI SOC CARGOES 10 FROM CALLAO. MATARANI, 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING "EVERETT ORIENT LINE" JAPAN BAY OF BENGAL JAPAN SERVICE ACCEPTING BftEAKBULK SOC CARGOES TO FROM KOBE. YOKOHAMA. NAGOYA, MOJI, TOKYO\
      887 words
    • 563 47 CZ3Z ME23 N.AMERICA/CARRIBEAN SERVICES <tssn Iwoy Isiw [maihw iwi» Ivor |u« Inst sa» hyc m LL»i _1. 6JL _L 4 M JJ_ lLi_ fflJ_ ILL. ILL;iw pwAtus lilt is.» ZIMOWAP* .a lL±-ILL-hJ—~UL. II It* vt-WtZiA ifii. iL4_ fflLSlfliC* ILL. ILL. ILL. _2J_ 4.1 I YOKOHAMA l2t> 6 U II AHA
      563 words
    • 615 47 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHAH lAh DOHA MUSCAT BAHRAIN ABU OHABI BANDAR ABBAS lIDOAM FAR EAST ACCEPTING FCL/LCL PtNANG P KEIANG iAH ARIA BANGKOK HONG KONG TAIWAN lAPAN MANIt A KOKfA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS Til BURY ABERDEEN LE HARVE. HAMBURG ROTTERDAM
      615 words
    • 464 47 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSL FREITAL ETA SIN 15 JUN TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKING LUCKY IRANSPORI t FREIGHT
      464 words
    • 494 47 Sill FAR EAST 8/6 KEELUNG/KAOHSIUNG 6/6 BANGKOK 12/6 MANILA/CEBU 7/6 JAKARTA/BELAWAN/SURABAYA 8/6 PORT KELANG/PENANG/E. Malaysia 8/6 BUSAN 7/6 TOKYO/YOKO/KOBE/NGO/OSA 9/6 HONG KONG SIM CHINA 9/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 6/6 LDN/FLX/LVP/SOU 6/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 8/6 LOS
      494 words

  • Page 48 Advertisements
    • 869 48 jgy# FIL CONTAINER SERVICES PTE LTD £I*— MADRAS CALCUTTA VSL VSL SIN/CALCUTTA SIN MAO SIN CAL SIN NW AVAIL ABU 04 05,06 11 12 06 18 19 06 Mil AVAAABU 04 05 06 11 15/06 2122/06 06 07 06 13-15 06 20 21,06 09 10 06 16 20/06 26 27/06
      869 words
    • 477 48 nontermi W CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 12 JUNE ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 07 JUNE JAKARTA 10 JUNE PENANG 08 JUNE PORT KELANG H JUNE FREMANTLE 11 JUNE MELBOURNE 11 JUNE SYDNEY FELIXSTOWE 7 JUNE HAMBURG 7 JUNE
      477 words
    • 485 48 This Week's Sailings I ""j~ r. m> I I I ETD Singapore Singapore Rotterdam Banykok 06/06/92 Antwerp 06/06/92 g Los Angeles Jr Manila 05/06/92 (Onforwarding To Vlid West/ 07/06/92 Colombo 07/06/92 Mk Tel: Fax: (irtqa««a mm MM Singapore 778 6522 779 2738 <.»ndiii dSSB^k yj&f Johore 07-*****8 07-*****3 Alfred Ng
      485 words
    • 334 48 A CENTRALEXPRESS LINES FCL/LCL SERVICES FOR BOOKINGS: *****66 (10 LINES) CHINESE-POLISH JOINT STOCK SHIPPING CO 1 CONTAtNER/BREAKBULK KM HOI M) BALTIC FAR EAST SHIPPING PTE LTD 2 MISTRI ROAD #10-00, HMC BUILDING, S PORE 0207 TEL: *****69 FAX: *****09 TLX: RS ***** BALFES OH]L ORIENT EXPRESS LIMES DUBAI REGIONAL OITICIi
      334 words

  • Page 49 Advertisements
    • 16 49 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
      16 words
    • 275 49 Oc vQc vQc vOc vOc vQc vQc V VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > a VOTAINER CONSOLIDATION SERVICES: U J THE ONLY CONSOLIDATDR WITH WORLDWIDE NETWORK A Vy Weekly FCUICL Services To/From I J V USA EUROPE FAR EAST > aßatlimofr Votalner Consolidation Services Hamburg: Van Ommeren Hamburg
      275 words
  • Page 49 Miscellaneous
    • 466 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUt 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 33 31 27 20 14 08 05 03 04 06 12 18 23 25 25 22 18
      466 words

  • Page 50 Advertisements
    • 348 50 ULTIMATE FREIGHT SERVICES AUSTRALIA al ports USA SealUe, Portland, SfO, LA, New York NZ al ports and al Pt Points HK nciwfinf China CANADA —Canary, Edmonton, Montreal, New Brunswick, RINftKHK irkl^vl M Ottawa, Saskatoon, Toronto, Vancouver, MAURITIUS Wnniper Nova Scotia, Quebec City. DiPffir t«l tunc I** EUROPE Antwerp, Hamburg, Rotterdam,
      348 words
    • 332 50 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG PC. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: OING RONG 12/07 Guangzhou/Huangpu COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned services to
      332 words
    • 407 50 >£$ •>; BEUING CHANGCHUN CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU .J5 Cp- ESR&OiLQ ISHENZHIN SHIPPING Tel: 227 >4788 Fax: 227 2Q83 h> WfeL LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94
      407 words
    • 88 50 KWONG LUNG SHIPPING PTE LTD VESSU VOY ETA ETD DESTINATION MV "lUCONIA 692 4 6 5 6 BINTULU MIRI K BELAIT M V LUCONIA NO 2" 592 9 6 10/6 BINTULU MIRI K BELAIT MV THAI VANG /92 7 6 8 6 PENANG P KELANG MV THAI HO NO 1
      88 words

  • Page 51 Advertisements
    • 1130 51 A HYUNDAI MERCHANT MABINE CO. LTD. Fm FEEDCR Tpacific south-west service j PNA" PKE* PGP* SIN* TO USA VOY KAO LBH ~OAK DAL/HOU CHI SIU NYC 02 06 27/05 29/05 05 06 H CHALLENGER 51E 12/06 29/06 02/07 02/07 03/07 03/07 05/07 09/06 03,06 05/06 12 06 H INNOVATOR 50E
      1,130 words
    • 519 51 >/'/'J i ffHLIW!T?TW!fg!fi rJWI fr i STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VISSII voi sr n *uc COSNC TRIM! 2S SIO SiO 5 4 ***** 1014 4 1/1 II I COSMIC PtONMR 22 l/l COSWC CNAIUHttI 17 11 1 IS 4 TRAMS AUTO It 12
      519 words
    • 724 51 JEDDAH/UK/CONTINENT [sfoSn ID S TON H-BUW CUD UH too Accept™ Cjr.o for DMSffH^INESs'OS 122 l/l Hit 5J v, to j| I* tfntmjtwr Brtfijt jnd Dub* S/irn 111 MS i/) 2 5 Jolttfdwi I. A Ant.«p. liml<rd«n 0* H*M nr*r<JH*( N «PW« 4 6 W7 Swrtfmnplon to il I* dtitvubon Belfast
      724 words
    • 128 51 MBBINTANG MAS SHIPPING PTE. I TO. 39 NEIL ROAD SINGAPORE 0208 KflV TEL: *****88 TLX: R*****5 SINMER FAX: *****64 »cc»ts rot is or CMGO SPOM HSIM«TIOMS mciar imx vioe in pi n mmu iibujn MHIkMG KLMI VIX 04 Ot lot 07 0* h*i ftn»uk, KBeUit MEDCUiT «Mtt VIIE 01» kn
      128 words

  • Page 52 Advertisements
    • 50 52 EveifrSaturday in Business Times C_ FACTORY I Maybe get chance,-this r I assistant job. any Job. Any Career. Available any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore. Prvss Hohlinqs
      50 words
    • 6 52 r&iwIIfMENr Every Saturday in Business Times
      6 words