The Business Times, 17 June 1992

Total Pages: 50
1 50 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, June 17, 1992 75*
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  • NEWS SUMMARY
    • 44 1 HONGKONG Hongkong eventually will allow companies incorporated in China to obtain full, primary listing status on the local stock exchange, the exchange's chief executive, Paul Chow, said yesterday. But he gave no timetable.
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    • 58 1 DUESSELDORF, Germany After-tax profit at Germany's 100 largest companies dropped 4.4 per cent on average in 1991 from the previous year, though their sales showed a rise of more than 9 per cent, the Handelsblatt newspaper reported. It said Daimler-Benz remained the country's largest company,
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    • 35 1 ALONG with higher benefits, the age limit for Medishield insurance coverage will be extended from 65 years to 70 years from July 1, said Health Minister Yeo Cheow Tong yesterday Page 2
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    • 34 1 BARELY three months after buying a 23.5 per cent stake in Inno-Pacific, Malayan United Industries has disposed of it, saying that it prefers to concentrate its resources on Innovest Page 3
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    • 37 1 MALAYSIA should launch a campaign to cut consumer spending, raise savings and cool the economy which is showing signs of overheating after five years of growth, bankers and analysts said yesterday Page 9
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    • 23 1 SOUTH KOREA'S industrial output will be the fifth largest in the world by 2001, a statefinanced think-tank predicted yesterday Page 10
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    • 44 1 THE IDEA of getting one person to promise to answer for another is a logical and almost instinctive one and it is common practice for banks and financial institutions to ask a borrower to furnish a guarantor or a surety Page 14
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    • 31 1 SOUTH KOREA'S biggest shipping line, Hyundai Merchant Marine, has finally secured governmental approval to operate a liner service linking North Asia to Europe. Shipping Times, Pg I
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  • MARKETS SUMMARY
    • 31 1 WALL STREET prices were up slightly here early yesterday with the Dow Jones index of leading industrials gaining 6.45 points in the first five minutes of trading to 3,361.35.
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    • 52 1 LONDON share prices rose sharply in trading here yesterday, reversing three successive sessions of strong falls, with sentiment driven by technical buying and speculation that interest rates might be cut. The Footsie index of 100 leading shares rose above 2,600 points, putting on 16.9 to 2,610.5 points at
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    • 34 1 A GROUP of minority shareholders of Berjaya Leisure is questioning the plan to acquire a resort island owned by its chairman Vincent Tan, saying the purchase price is excessive Page 4
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    • 28 1 BANKS in South Korea will pump a total of 130 billion won (***** million) to bail out the debt-plagued Sammi Group, officials said. Page 6
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    • 30 1 GERMANY'S Continental AG has demanded that Italy's Pirelli SpA return dividend paid on 1990 results, adding another twist to the strained relationship between the two tyremakers Page 7
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    • 22 1 Exchange rates USS S$ 1.6240 100 Yen S$ 1.2792 MS SS 0.6442 Money market rates Overnight 2-3/4% -1/16 3-month 3-1/16% +1/16
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    • 35 1 London Gold AM fix USS342.15 -USS0.10 Rubber S'pore July 143.75'/kg +1.50 M'sia July 222.00*/kg unch KL Tin Turnover 43 tonnes +8 Spot MSI6.29/kg +0.10 Crude ualm oil Turnover 1,075 lots -633 Aug MS910/tonne -1
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    • Article, Illustration
      29 1 Tuesday Change BT-MGA 733.45 +3.49 Kuala Lumpur ....602.15 +1.98 Tokyo 16,953.53 +0.30 Hongkong 5,846.75 +27.68 Sydney 1,639.4 -7.6 Monday Change New York 3,354.90 0.54 I>ondon ...2,026.4 +1.1
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  • 685 1  -  Manufacturing investments expected to pick up soon By Sylvia Wong, Koichi Ishiyama WHILE Japanese manufacturers scale back investments in South-east Asia, their services sector counteiparts are set to invest more in hotels, shopping complexes and golf resorts in the region. Even in manufacturing,
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  • 230 1 Reuter TOKYO Japan's economy resumed its expansion in the first quarter of this year but this does not signal a real recovery yet, economists said yesterday. Temporary and seasonal factors boosted gross national product in the quarter but the tone was weak, they
    Reuter  -  230 words
  • 470 1  -  From Kenneth James in JOHOR BARU MALAYSIA is ready to phase out any production and investment incentives that could be interpreted as bounties and subsidies, International Trade and Industry Minister Rafidah Aziz told business and government leaders yesterday, Ms Rafidah, who was
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  • 198 1 Reuter WASHINGTON The US Supreme Court ruled on Monday that the Bush administration can ignore extradition treaties and arrange kidnappings of criminal suspects abroad so they can be tried in the United States. The court, by a 6-3 vote in an opinion written by
    Reuter  -  198 words
  • 566 1  -  From Leslie Lopez in KUALA LUMPUR EKRAN Sdn Bhd, a littleknown company controlled by East Malaysian timber tycoon Ting Pek Khiing, is set to further sweeten its bid to emerge as a clear front-run-ner in the tightly
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  • Page 1 Advertisements
    • 215 1 Typewriters Fax Machines Laser Printers Dot-Matrix Printers I I Electronic Lettering Systems 743 8000 for further details jj Aircraft Schedule 29 Jakarta/Bangkok Stocks 23 Sports 15 Commodities 28 KLSE 21 TV 4 Radio 16 Company News 4-7 Money Changer Rates 29 Unit Trusts 20 Cryptic Crossword 29 Money Market 27
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    • 14 1 Malaysia urged to broaden industrial base, Pg 3 Anand faces twin challenges, Pg 3
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 217 2 IN RESPONSE to Singapore businesses' growing interest in the Indochinese markets, the Trade Development Board is organising two seminars on Indochina and leading a trade mission to Cambodia. The 26-member trade mission, led by Alan Yeo, the TDB's chairman and Yeo Hiap Seng's
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      • 137 2 THE HOME AFFAIRS Ministry has pointed out that, contrary to a Bernama report on June 9, Singapore Marine Police have not arrested Malaysian fishermen for fishing in Singapore territorial waters. The report had quoted South Johor Fishermen Association chairman Ahmad Talib as saying that four Malaysian
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    • 435 2  -  By Kooi Cho Teng SINGAPORE Along with higher benefits, the age limit for Medishield insurance coverage will be extended from 65 years to 70 years from July 1, said Health Minister Yeo Cheow Tong yesterday. Announcing the latest revisions to the two-year-old
      435 words
    • 259 2 FT BASLE Increased globalisation of financial markets and extra demands on fund managers to squeeze out profits forced a doubling last year in cross-border securities investments in the industrialised world. According to the Bank for International Settlements' annual report, total cross-border transfers of funds
      FT  -  259 words
    • 526 2  -  Project aims to match standards of top cities From Maggie Ford in JAKARTA PLANNERS of the US$3 billion (Ss4.B billion) Jakarta "City Within a City" expect the project to revolutionise planning in the Indonesian capital and to provide standards of urban design, cultural
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    • 524 3  -  Move comes barely three months after acquisition By Loh Hui Yin SINGAPORE Malayan United Industries (MUI) Bhd has sold its 23.5 per cent stake in problem-plagued Inno-Pacific Holdings, barely three months after the Malaysian conglomerate bought it as an "investment". But at least
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    • 512 3  -  By Helen Chang SINGAPORE Makino Asia Pte Ltd yesterday launched a high-tech, toolmaking machine, marking the ability of Singaporean engineers to make high-tech manufacturing products here. The 150,000 machine, to be marketed in the US, Japan and the Asia-Pacific countries, was entirely
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    • 391 3 AFP LONDON Britain's lon-gest-serving remand prisoner, Malaysian banker Lorrain Osman, is likely to be extradited to Hongkong to stand trial on charges of multi-million-dollar fraud, legal sources said here on Monday. Lorrain's lawyers said Home Secretary Kenneth Clarke had signed their cli-
      AFP  -  391 words
    • 264 3 Reuter MANILA The stateowned National Power Corp (NPC) has approved seven power projects, two of which will be completed by the end of the year by Hopewell (Energy) Phils Ltd and Marubeni Corp, under a government "fast-track" plan to ease
      Reuter  -  264 words
    • 385 3  -  Johor 2005 Conference By William Chia PETRONAS chairman Basir Ismail yesterday made a pitch for Malaysia to broaden its industrial base and for the country's big corporations to go international. Malaysia should broaden its industrial base beyond electronics and textiles to include
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    • 331 3  -  By Kenneth James THE incoming Thai administration of Anand Panyarachun faces two major challenges: putting the economy back in order over the next four months, and finding an acceptable way of dealing with the errant generals, a key Anand adviser said yesterday.
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  • Page 2 Advertisements
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    • 667 2 Ml PHILIPPINE NATIONAL BANK vss# STATEMENTS OF CONDITION STATEMENTS OF INCOME D»wwb»f»l,l9l and 1900 (In Thou—nd Pirn) For the Ymt* Ended December 31,1901 and 1990 (In Thou—nd P——. Except Per Share Amount) 1991 1900 1991 1900 RESOURCES Interest Income Cash and other cash items 1,461,846 1,018,320 On loans 5,444,380 3,758,306
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  • Page 3 Advertisements
    • 72 3 FOR SALE BY PUBLIC TENDER CLOSING 4pm AUGUST sth, 1992 1I E AND DEVELOPMENT SITES Prime Investment Country just 25 minutes from the heart of Perth! Excellent existing 18 hole golf course. Additional 9 holes under construction. 3 large flexible tourism development lots. Substantial rural residential subdivision. For inspection, brochure,
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    • 157 3 Since 1775 Model No. 8A3130T Legends have sought this watch. Napoleon. Wellington, too. And the crowned heads of England, France, Italy, Spain and Russia. Then, as today, those who shape destiny are quick to pursue that which seems most uncommon. That which cannot be hurried. Or imitated. Or easily obtained.
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 117 4 SINGAPORE Shareholders of United Pulp Paper Co Ltd (UPP), who are taking a short-term view of their investment and in the "absence of a higher competing offer", should accept the conditional cash offer of 44 cents per share made by Grangeway Trading Pte
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      • 70 4 SINGAPORE United Overseas Bank yesterday announced that the offer of 711,542,884 Warrants 1997 at 65 cents each were oversubscribed by 111.1 per cent. The warrants were offered on the basis of one warrant for every eight ordinary shares with the exercise price for UOB shares fixed at
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      • 76 4 SINGAPORE Bolton Properties will launch a 106-unit high-rise luxury condominium at Jalan Mayang in the heart of Kuala Lumpur. In the company's latest annual report, chairman Lim Thiam Leong said construction work on the new project, called Seri Mayang, was expected to start next
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      • 73 4 SINGAPORE Former directors of insolvent companies in Malaysia may not be allowed to hold the same position in another company for five years. Under the proposed amendments to the Malaysian Companies Act, the Registrar of Companies and the Official Receiver are to be given the power
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      • 78 4 SINGAPORE PWE Industries Bhd yesterday announced an 11 per cent increase in pre-tax profit to M 53.17 million (552.03 million) for the year ended March 31, 1992 from M 52.86 million previously. Turnover rose 19 per cent to M 532.09 million from M 526.87
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      • 41 4 SINGAPORE Hong Leong Credit Bhd announced yesterday that it will take over the entire 63.2 per cent of the issued and paid-up capital of Malaysian Resources Corporation Bhd (MRCB) that it does not already own.
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    • 609 4  -  From Leslie Lopez in KUALA LUMPUR MINORITY shareholders of Berjaya Leisure Bhd, a listed unit owned by Malaysia's sprawling Berjaya group, have mounted a plan to block the company's proposal to acquire a private island resort off the east coast state of Trengganu
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    • 349 4  -  By Dexter Lee SINGAPORE Summa Investments Ltd (Summavest), controlled by the Indonesian Summa group, has posted a 17 per cent drop in net earnings to $2.83 million for the year ended March 31, 1992. This works out to an earnings per share of 1.85 cents,
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    • 356 4  -  By Magdalene Ng SINGAPORE Food group QAF Ltd may expand into the banking business in Brunei. It said in a statement yesterday it is exploring the possibility of taking up a minority stake in a Brunei company which may conduct commercial
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    • 226 4 SINGAPORE Acma Ltd saw its gearing at the end of last year shoot up to 32 per cent, from 3 per cent in 1990, due to the purchase of an 80 per cent stake in Lindeteves Jacoberg (Far East) Pte Ltd for $12
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    • 828 4  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih PAYING $2 million to directors of a company which fails to make a profit two years in a row is surely a questionable proposition. That must be how shareholders of Inno-Pa-cific Holdings
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    • COMPANY BRIEFS
      • 65 6 JAKARTA At least 39 companies could be delisted from the Jakarta Stock Exchange (JSE) for not complying with the new stock exchange regulations. The Jakarta Post has reported. JSE president Hasan Zein Mahmud said on Monday that at least 39 of the
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      • 73 6 SEOUL Samsung Engineering Construction Co Ltd, the construction arm of South Korea's largest business, the Samsung Group, has received two orders worth a total of US$l59 million (*****.58 million) from Thailand and Malaysia, a company spokesman said yesterday. He said Samsung exchanged a letter of
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      • 52 6 PERTH Asian companies are being sought to take part in a feasibility study into a proposed As 2 billion (552.5 billion) steel mill in Western Australia. This was revealed yesterday by a Western Australian company, Compact Steel, which wants to establish the venture in the south-west of
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      • 57 6 HONGKONG Lane Crawford is to cut back its 34 speciality shops by up to 15 per cent and dump those that are struggling to produce profits. President Frederisk Dow said: "Some of the current rental levels are very, very high; rental has peaked out at
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    • 492 6 Reuter SEOUL Banks in South Korea will pump a total of 130 billion won (***** million) to bail out the debtplagued Sammi Group, bank officials said. The group, which owns the country's largest speciality steel maker, had asked its banks to
      Reuter  -  492 words
    • 350 6 Reuter AUCKLAND Fletcher Challenge Ltd says the pulp and paper workers' strike in Canada's British Columbia province will not affect its earnings unduly. FCL owns 72 per cent of Fletcher Canada Ltd, which owns the Crofton an«i Mackenzie mills, and 100 per cent
      Reuter  -  350 words
    • 259 6 JAKARTA PT Argo Pantes, the publicly-listed textile producer, sees slow growth in demand on both local and overseas markets this year, says the Jakarta Post newspaper. Musa, Argo Pantes' president, said on Monday that the company's net sales were likely to increase
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    • 387 6 Reuter HONGKONG Chinas latest stock market listing for foreigners, textile company Victor Onward, set a record for the spectacularly volatile Shenzhen bourse on its first day of trading yesterday. The Shenzhen-based company soared 448 per cent to close at 11.5 yuan
      Reuter  -  387 words
    • 367 6 South China Morning Post SHANGHAI Shanghai Dazhong Taxi Co, which is seeking to list "B" shares on the Shanghai Stock Exchange, is planning a series of projects in a bid to expand its activities as a diversified taxi-hiring conglomerate.
      South China Morning Post  -  367 words
    • 594 7 Italian company allegedly violated German shareholder regulations Reuter BONN Germany's Continental AG has demanded that Italy's Pirelli SpA return dividend paid on 1990 results, adding another twist to the strained relationship between the tyremakers which broke off merger talks last year. "On the
      Reuter  -  594 words
    • 369 7 Reuter PARIS The French government announced on Monday that it expects to reduce its holding in oil company Total SA by July 10 to 15 per cent from 34 per cent, share market conditions permitting. It plans to sell 22.9 million
      Reuter  -  369 words
    • COMPANY BRIEFS
      • 80 7 LONDON BET pic has reported a net loss of £483.1 million (*****.1 million) for its latest year because of a huge write-off of goodwill on its 1980s acquisition spree and a large provision for restructuring operations. The result released on Monday were far below
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      • 67 7 ST LOUIS Monsanto Co has said current results show second-quarter earnings may be 20 to 30 per cent below Wall Street analysts' estimates of US$l.6O to US$l.BO a share. It cited on Monday costs associated with the launch of its Searle unit's new anti-infectant drug, inventory
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      • 39 7 BEAVERTON, Oregon Nike Inc said on Monday that it expects its European revenues for the 1992 fiscal year ended May 31 to be close to US$9OO million (551.46 million), from US$334 million two years ago.
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      • 60 7 LONDON 31 Group pic has postponed its stock market flotation until 1993 at the earliest. John Cuckney, chairman of the British venture capital group, said on Monday, "31... reflects the state of the UK economy... which we feel needs to improve to provide a suitable background
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      • 63 7 FRANKFURT Philipp Holzmann AG, Germany's largest construction group, says group earnings climbed considerably in the first quarter as output surged 32 per cent to 2.46 billion marks (552.5 billion), and operating profit should rise this year. Boosted by construction demand in east Germany, Holzmann's operating profit
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    • 254 7 Reuter MUNICH Germany's sports goods maker Adidas AG, owned by French tycoon Bernard Tapie, said a group of international investors was working on a bid for the company this month. Management board chairman Rene Jaeggi said: "There is an international group of investors, who
      Reuter  -  254 words
    • 437 7 Reuter NEW YORK The temporary leave of Steven Ross from the helm of Time Warner Inc for cancer treatment may bring about a rocky period as the company struggles with the aftershocks of having created the world's largest media giant. Over the
      Reuter  -  437 words
  • Page 4 Advertisements
    • 196 4 tN THE MARKET PAGES Rumours boost OCBC shares 18 Aussie share gloom deepens 25 WHS nmiaw (i«« From Ist May till 31st July 1992, with just to a useful WAIST POUCH* to store a minimum purchase of US$lOO Thomas Cook all your cash in or a superb TRAVEL BAG Travellers
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  • Page 5 Advertisements
    • 3002 5 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space 213 Office Space ent For Rent For Rent For Rent For Rent For Rent For Rent For Rent For Rent For Rent IS
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  • Page 6 Advertisements
    • 205 6 18 HONG KONG INTERNATIONAL JEWELLERY SHOW '92 A TDC FAIR ASIA'S PREMIER JEWELLERY SHOW AT THE KOWLOON SHANGRI-LA HOTEL 18-2.2 SEPTEMBER Asia's premier jewellery show is sparkling again in September at the magnificent Kowloon Shangri-La Hotel. This presents an excellent opportunity to view and purchase the finest jewellery of over
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    • 769 6 Strike shuts down Canadian pulp industry, Pg 28 555 Manufacturers m HANOVER MANUFACTURERS HANOVER TRUST COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME DeoentoerSl, Year ended Decerrber 31, (Dollars In mMont, except thai* data) 1901 IMO (InnSHona) 1981 1900 ASSETS INTEREST INCOME Caeh and duo from banks $2,508
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  • Page 7 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 106 8 LONDON A committee representing creditors of the collapsed Bank of Credit and Commerce International (BCCI) is to appeal against an English High Court judgement approving a controversial compensation plan. "A decision has been taken to appeal against the ruling," said Tony Scott, secretary
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      • 95 8 SEOUL The Commonwealth of Independent States (CIS) has failed to pay interest due on a tied loan from South Korea, its second default in a month, the ExportImport Bank of Korea (Exim) said yesterday. "The CIS did not meet the deadline to pay the interest
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      • 63 8 TAIPEI The Asian Development Bank (ADB) may tap Taiwan's rapidly growing capital market by issuing Taiwan dollar bonds on the island, a senior official of Taiwan's central bank said yesterday. The ADB had made an informal proposal for such an issue, which would be the
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      • 57 8 TAIPEI Taiwan's foreign exchange reserves stood at U5582.79 billion (S$ 134.12 billion) at the end of April, the highest in the world, a Central Bank of China (CBC) official said yesterday. A total of US$25O million interest increment helped the island's foreign exchange reserves in April
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    • 425 8 Reuter, AFP NEW DELHI The heads of India's three main stock exchanges have failed to persuade government officials to release funds frozen during investigations into the country's worst financial scandal. Yesterday, Bombay brokers boycotted trading for a second day over the
      Reuter,; AFP  -  425 words
    • 393 8 Lower funding costs, wider range of services cited for inroads FT NEW YORK Foreign banks now control nearly half the commercial and industrial loan market in the US, according to a study by the Federal Reserve Bank of New York. The
      FT  -  393 words
    • 198 8 Reuter WASHINGTON The Federal Reserve Board and Treasury Department are due to release a study on capital standards for foreign banks with United States branches. Industry sources said the study is expected to find that international capital standards set under the Basel
      Reuter  -  198 words
    • 384 8 Reuter JAKARTA Bank America Corp chairman Richard Rosenberg has urged Indonesia to learn from the shortcomings of the US banking system and be careful in regulating its banks. He told a meeting of the American Chambers of Commerce on Monday that Indonesia's
      Reuter  -  384 words
    • 358 8 Reuter BRUSSELS Banks must cut their fees for transferring money between European Community countries by the end of the year or risk the EC passing laws to make them improve services, European Commissioner Sir Leon Brittan said on Monday. "By the
      Reuter  -  358 words
    • 202 8 Reuter TOKYO The Federation of Bankers Associations of Japan yesterday said it has worked out guidelines to help member banks set voluntary rules to promote fair competition and prevent practices that could violate anti-trust laws. Japan is deregulating interest rates and moving
      Reuter  -  202 words
  • Page 8 Advertisements
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    • 132 8 AUCTION The Largest Selection of Prime Commercial Properties Ever Offered This collection of income properties with a total value in excess of $500 million (U.S.) includes office, retail, apartment buildings, industrial, hotels and resorts located in major markets throughout the U.S. Sold in individual lots, reserve prices range from $2
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  • THE REGION
    • 321 9 Economists concerned about fall in national savings rate AFP KUALA LUMPUR Malaysia should launch a campaign to cut consumer spending, raise savings and cool the economy which is showing signs of overheating after five years of growth, bankers and analysts said yesterday.
      AFP  -  321 words
    • 301 9 Reuter MANILA The number of Asians leaving their home countries for economic reasons is rising sharply and far outstrips the number of political refugees in the region, the Roman Catholic Church said on Monday. More than five million migrants from other
      Reuter  -  301 words
    • 337 9 JAKARTA The United States government has lifted its four-month embargo on imports of Indonesian yellowfin tuna and its products, says a report in the Jakarta Post quoting Junior Minister of Trade Sudradjad Djiwandono. The minister told a press conference that the lifting
      337 words
    • 276 9 Bernama KUALA LUMPUR The market accessibility of funds and more alternate sources of financing at competitive rates will have to be addressed to accelerate local investment, according to the Federation of Malaysian Manufacturers (FMM). Its executive director. Tan Keok Yin.
      Bernama  -  276 words
    • NOTE BOOK
      • 73 9 WASHINGTON The US is preparing to charge China with violating its 1992 US textile quotas by illegally shipping goods through a third country, US trade officials said on Monday. They gave no details on the new allegations, which follow similar charges last
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      • 54 9 JAKARTA Higher-than-expected earnings from taxes resulted in Indonesia's budget overshooting expenditure and revenue targets in fiscal 1991/92 ending March 31, says Finance Minister Johannes Sumarlin. Revenue earned in fiscal 1991/92 was 51,993.9 billion rupiah, compared with the expected 50,555.5 billion. Expenditure rose by almost the same
        54 words
      • 67 9 KUALA LUMPUR Malaysia's aim of becoming an industrialised nation by the year 2020 will be derailed if the government fails to tackle the country's labour and skills shortage, foreign investors said yesterday. Ernest Zulligcr, president of the Malaysian International Chamber of Commerce and Industry, said
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      • 35 9 SYDNEY Officials of the 15-member countries of the Asia-Pacific Economic Cooperation (Apec) forum are expected to agree in Bangkok next week to set up a permanent secretariat, Australian officials said yesterday.
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    • 535 9 Reuter MANILA The battered Philippine economy faces a tough road to recovery and cannot rely on external creditors to bail it out. according to a government report prepared for the incoming president. Philippine business leaders arc
      Reuter  -  535 words
  • Page 9 Advertisements
    • 173 9 G O I N' DITCH There's more to Holland than windmills, tulips and clogs. Especially "imported", our Dutch Chef Mr Diederik Brinkman will entice all with Dutch specialities like Salad of Pigeon and Stewed Rabbit with Mustard Sauce. For that Dutch sweet-tooth, desserts like Macaroon Pudding will definitely leave you
      173 words
    • 298 9 VISIT THE FIRST AND THE BIGGEST EVER INTERNATIONAL EXHIBITION ON PUMPS AND RELATED SYSTEMS IN ASIA. PIPINGS ASIA '92 'QO FILTRATION WATER TREATMENT SYSTEMS ASIA '92 Pumps and Systems Asia 92 is the largest initial gathering of the world's leading pumps and related systems manufacturers and suppliers in Asia You
      298 words

  • THE WORLD 1
    • WORLD WATCH
      • 96 10 LUXEMBOURG European Community's foreign ministers gave the bloc's trade negotiators the go-ahead for a plan to defuse a row with the US over oilseeds, a statement said. The Commission, the EC's executive, negotiates on behalf of the community in such disputes. It suggested
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      • 68 10 WASHINGTON The US Commerce Department on Monday announced new restrictions on the sale of missile technology to individual nations, the Middle East region and for certain missile projects. The restrictions, which took effect yesterday, require US exporters to get licences for any shipments they think
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      • 80 10 LONDON Britain on Monday announced it would scrap the Royal Navy's tactical nuclear weapons together with those of the sea patrols of the Royal Air Force, but this would not diminish the country's effective deterrent force. The move comes in the wake of France's
        80 words
      • 91 10 SANTA CLARA, California Global sales of electronics goods and services produced in the US rose to U5577.7 billion (S$ 126 billion) in the first quarter, up 6.4 per cent from a year earlier, the American Electronics Association reported. The trade group said sales in the
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      • 61 10 WASHINGTON President George Bush signed a USAlbanian trade agreement on Monday and told President Sali Berisha "everybody salutes what you are doing" in reshaping the once hard-line Stalinist state. Mr Bush predicted that Congress would follow his recommendation and quickly grant most favoured nation trade
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      • 96 10 MOSCOW The incomes of the Russian people are set to rise by 850 per cent nominally this year but will fall by 30 per cent in real buying power, the government has forecast here, the Interfax news agency reported. Incomes would total 6.5 billion roubles,
        96 words
    • 381 10 Electronics likely to show most outstanding growth AFP SEOUL South Korea's industrial output will be the fifth largest in the world by 2001, a state-financed think tank predicted yesterday. The most outstanding in growth will be the electronics industry, which is
      AFP  -  381 words
    • 293 10 NYT TOKYO A government survey has reinforced the gloomy outlook of Japanese families who want to buy a home in the Tokyo metropolitan area, amid frequent calls by Prime Minister Kiichi Miyazawa for a better quality of life for the Japanese. The fiscal 1991
      NYT  -  293 words
    • 372 10  -  From Rajendra Bajpai in NEW DELHI JAPANESE investors have shown interest in setting up four industrial townships in India to promote investment by Japanese companies. The Indian Government has agreed in principle to the setting up of these towns, sources said.
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    • 480 10 Economic clout has muted criticism, says analyst Reuter TOKYO The Japanese Bill to send troops abroad as UN peacc-keepers which became law on Monday raises more questions than answers. "This might satisfy the Americans," said political commentator Minoru Morita. "But Asian
      Reuter  -  480 words
    • 327 10 Reuter LONDON A big downward revision to Britain's invisible earnings in the first quarter of this year pushed up the eurrent account deficit for the same period, worry ing financial markets and economists. The revisions were also not simply confined to the first quarter,
      Reuter  -  327 words
    • 571 11 Reuter VIENNA With free-mar-ket capitalism nailed firmly to the mast of all the reforming countries of the former Soviet bloc, the US is encouraging American businessmen to invest in the region. Some of the biggest deals signed up since communism crumbled in
      Reuter  -  571 words
    • 38 11 SARAJEVO Residents buying butter during a fragile ceasefire on Monday after two months of heavy fighting and food shortages in the Bosnian capital. The latest truce between Bosnia and Serbia was signed late on Sunday.
      38 words
    • 444 11 Reuter WASHINGTON Bankruptcies hit a record high in the first three months of this year with more than a quarter of a million businesses and individuals seeking protection from creditors, the American Bankruptcy Institute said on Monday. The surge reflects the difficulties
      Reuter  -  444 words
    • 448 11 Republicans could wrest control of Congress, he says gy|REsiDEHrpAip Reuter WASHINGTON President George Bush has scoffed at the possibility of a deadlocked presidential race, but says there is a chance "in a crazy year like this" that his Republican Party would win control of Congress
      Reuter  -  448 words
    • 286 11 Reuter NEW YORK Venezuela, seeking to boost foreign participation in its oil industry, said foreign companies will be allowed to hold a majority stake in future joint oil ventures. Gustavo Roosen, president of state oil company Petroleos de Venezuela SA said: "In all cases,
      Reuter  -  286 words
    • 303 11 Reuter HAVANA Constitutional changes drafted by Cuba's communist rulers will help modernise the island's economy and reform its voting system, and confirm a swing away from formerly socialist countries towards closer ties with Latin America, state media reported on Monday. But the reports said
      Reuter  -  303 words
  • Page 10 Advertisements
    • 198 10 FOR A BRIGHT, BREEZY LIFE-STYLE, MOVE TO MANDARIN GARDENS Full-Service Accommodation by the Sea Mandarin Gardens is the only resort-style accommodation that offers you a wide range of amenities for a new life-style. The sun, the sea and open spaces. It's waiting for you. •15 minutes to the airport and
      198 words
    • 81 10 Why take chances? so much dispose and H merely throwing them the are they I wrong hands. very costly t 1 to your business. you have range HSM paper shredders your work No No fuss The little pieces of paper that's totally illegible M mk us at 741 0009 for
      81 words

  • Page 11 Advertisements
    • 33 11 Retail Investment with proven performance^ 99% Retail Occupancy. 170,000ft 2 of accommodation^^® Strong anchor tenants including Woolworths New World Supermarkets. Well established residential area. Long term leases. For further information contact Jim Williams
      33 words
    • 402 11 Singapore Business Luncheon Talk Vietnam has finally thrown open its doors to Singapore investors and everyone wants to cash in. In fact, Singapore is now Vietnam's largest *j r q^q trading partner. Trungisthe But while opportunities may be tremendous, Singapore businessmen W IF! Research have also been warned of the
      402 words

  • 463 12 EDITORIAL THE two-week Earth Summit at Rio de Janeiro predietably tailed to shake the world. But it showed the way down a road which promises to be bumpy yet which must be travelled. The two centrepiece treaties the framework Convention on Climate Change and the Convention
    463 words
  • WHAT THE OTHERS SAY
    • 299 12 TRUE to its image, the Khmer Rouge has proved once again that not much can be expected of it, particularly the ability to keep its word. Arguing that Vietnam, in violation of the Paris agreement, had not withdrawn its troops from Cambodia, Khmer Rouge guerillas are
      299 words
    • 83 12 INDONESIANS have given their approval to Golkar to lead them again. Though the votes for Golkar fell by 5 points to 68 per cent, the Indonesians were clearly voting for continuity and stability. With Golkar in the lead and most probably President Suharto at the helm, should
      83 words
    • 150 12 GIVING MORE responsibilities to town councils and having them play the role of a local government can convey this message to voters: at the constituency level, their votes for a new government are equivalent to changing the local government. Whether this turns out to be good or
      150 words
  • REGIONAL VIEWPOINTS
    • 219 12 MALAYSIA Airlines is trying once again to gain the government's permission to raise its domestic fares. Its previous attempts in recent years had not been successful. This time, however, the government seems to lend a more sympathetic ear. Transport Minister Datuk Seri Dr Ling Liong Sik said
      219 words
    • 190 12 THOUGH the industrialised nations would cry themselves hoarse to the contrary, they must shoulder a fair share of the blame and responsibility for the world's environmental degradation. The poor should not be forced to clean up the mess created by the rich, said Prime Minister Datuk Seri
      190 words
    • 107 12 ONE important lesson that we hope all the MPs, especially those in the majority coalition, will learn from the May bloodshed and Arthit's surprise nomination of Anand is that elected representatives of the people must use their power justly. They cannot deny responsibility for their mistakes, nor can
      107 words
  • 1228 12  -  Britain's reforms under the Common Agricultural Policy are seen by both conservationists and government as an unexpected environmental blessing. Neville Stack examines the issue. Neville Stack Neville Stack is a London-based journalist who contributes to BT. LIKE most things to do with agriculture, attitudes to
    1,228 words
  • Page 12 Advertisements
    • 127 12 Rajan Pillal: Asia's biscuit king r~~SSSS Remlslers find they have wooers aplenty L j|STfNC^S^ —1 Sesdaq: second fiddle for how long? I' I•)jj r -7 f i ij |l Astra loses some If its glow ""N New six-part series on Government and SMEs I j, j j GUL Tech: from
      127 words
  • Page 12 Miscellaneous

  • ANALYSIS
    • 746 13  -  It is an irony of recent history that Taiwan, while steadily democratising, has emerged in a stronger position to deal with its domestic difficulties than have most other Asian states, writes Ramon Myers. Ramon Myers. The writer, senior fellow at the Hoover Institution on War, Revolution
      IHT  -  746 words
    • 1410 13  -  Controversy has dogged the Hongkong government since it announced the development of a massive airport and port project. Mrs Anson Chan, Hongkong's Secretary for Economic Services, spoke to Florence Chong about the financing of the project, described as the largest infrastructure! project in the world.
      1,410 words
  • Page 13 Advertisements
    • 237 13 BU SINESS TIMES m I\VI'J 11 fc 17i Hll Toll free Tel No 737 0043 Fax No: 734 3688 SELLING THE DREAM You can be comfortable, you can be salaried at three thousand dollars a month, you may even be holding a title or degree but you won't amount to
      237 words

  • THE LAW PAGE
    • 1010 14  -  Selva Kumar reviews a book on the law of guarantees that should appeal to professionals and lay readers alike Selva Kumar THE IDEA of getting one person to promise to answer for another is a logical and almost instinctive one and it is common practice for banks
      1,010 words
    • 645 14 CAM Kureoka Enterprise Pte Ltd t Central Provident Fund board. High Court of the Republic of Singapore. Originating Summons No 218 of 1991. Justice Chan Sek Keong. THE plaintiff Kureoka, which ran the Ashibi Lounge, sought a declaration that its part-time hostesses were not
      645 words
  • Page 14 Advertisements

  • SPORTS
    • 630 15 Pebble Beach both a nightmare and a dream AFP PEBBLE BEACH, California -j- After another decade, the US Golf Open returns tomorrow to Pebble Beach a course that has produced two Open champions who dominated their generations. The Open first came to the picturesque course hugging the Pacific coast in
      AFP  -  630 words
    • 389 15 AP MILWAUKEE Philadelphia 76ers star Charles Barkley could face a jail term, if convicted on a battery charge Eming from a fight last outsi(i£ a Milwaukee rn. > Jury selection for Barkley's trial was scheduled for Monday one week before the US
      AP  -  389 words
    • 324 15 Reuter I .ON DON World number one Jim Courier was named top men's seed at Wimbledon on Monday, in spite of his record of never having been beyond the quarter-finals in three previous visits. Although the American has had a marvellous year, winning
      Reuter  -  324 words
    • SIDE LINES
      • 78 15 LONDON Peter Elliott, Britain's 1,500 metres silver medallist at the 1988 Olympics, pulled out of the national selec* tion trials for Barcelona on Monday with a knee problem. His" decision presents a dilemma for the British Olympic selectors, as European indoor champion Matthew
        78 words
      • 61 15 MANCHESTER Japan's Shuzo Matsuoka, beaten final-, ist at Queen's on Sunday, has withdrawn from the £130,000 (*****,000) Manchester Grass Court event. And the 24». year-old Tokyo player now faces a desperate fight to be fit' for Wimbledon. Matsuoka has torn a bicep muscle in his right arm and
        61 words
      • 69 15 GENOA, Italy Seventh-seeded Thierry Champion of France suffered an injury to the right shoulder in the second set on Monday and withdrew from the U*****,000 (*****,200) Genoa International tennis tournament. Meanwhile, third-seeded Javier Sanchez of Spain and fourthseeded Paul Haahuis advanced with first-round victories. Sanchez beat
        69 words
      • 58 15 BONN A senior German athletics official who lifted a doping ban on double world sprint champion Katrin Krabbe has quit his post, saying the German Athletics Federation (DLV) did not support the decision. Guenther Emig, head of the DLV legal commission that overturned a four-year
        58 words
    • 282 15 Reuter LAS VEGAS For the first 15 years of his professional career, Larry Holmes was known as "The Easton Assassin" after his Pennsylvania hometown. Now. more than 19 years since turning pro. Holmes, according to pre-fight hype, is "The Professor", because
      Reuter  -  282 words
  • LIFESTYLE 1
    • 604 15  -  Jaime Ee has nothing but superlatives for American dance group Momix's performance Jaime Ee THERE were a few kids under 12 who showed up at the opening of MoCm ix's three-day run at the "Kallang Theatre on Monday night. But no-one flashed an "R(A) sign at
      604 words
    • 587 15 CHATTERBOX IT WAS the same oF rock 'n roll music Bruce Springsteen played on Monday to open his first world tour in four years. But the lyrics were from an older, wiser, happier "Boss". "A lot has happened to
      587 words
    • 683 17  -  Magdalene Phang on the Singapore Festival of Arts concert by the Polish Nightingales Magdalene Phang POLAND is blessed with many gifts. One of them is the Pope in Rome. And another is the Polish Nightingales. Nearly three quarters of the 40-strong choir are prepubescent boys. And to be
      683 words

  • Page 16 Advertisements
    • 826 16 Nothing Beats A Bud. Biffin where to wine, dine FOR HE'S A JOLLY GOOD FELLOW Father's Day 21 June Treat good old Dad to y N a grand lunch or N dinner at the Seafood t\| J m»' Theatre Restaurant featuring a menu of X, Cantonese-Thai favourites. Tickle his palate
      826 words
    • 279 16 How To Play Happy Family N It's really easy once you know h > J I what we have in store for you and I yout family at The Stables. A li > super family buffet that'll delight i. i even the tiniest of tots. So come r on over
      279 words
  • Page 16 Miscellaneous
    • 718 16 TELEVISION AND RADIO ny/\ fl r*A SBCI2 5.00 Bouti (Cartoon).* 5.25 Caspar A Friends (Cartoon). BUSINESS ON RADIO ICI 1 I lfC *11 CNLIiW 515 (Cartoon). 5.55 Today In History. BBC, 88.9 mHz in VHF Band II VV/l/lV VU W kJ tl 7.25 PM Opening followed by The 540 MP
      718 words

  • Page 17 Advertisements
    • 240 17 AND ENTERTAIN mHHV A* mm I The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price rlnrino hour* ANA "°TEI during these hours SINGAPORE Mon to Thur 6pm to 10 pm i6Nass<mH,ii S'lgapo'e
      240 words
    • 84 17 IMsfclii i June/July Promotion Experience ihe freshest from the sea at i CHINA CHINA RESTAURANT i Special set menus available for lunch and dinner from $68 (2 persons) to $338 (10 persons) It M For reservations, please rail 3224 228/9 i fc A Our rnldurdnf onflrt* uvliome thr fmbin to
      84 words
    • 142 17 Mr. to* wring M^iyw I Chief Engines mmmrnm FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON I TEAM TRANE. J f I Mr. MfllM* Low Equipmenr Systems. Engineer SS|§ i THE BEST \AU E. CALL: 468 8622 FOR ENQUIRIES. FAX. 468 1828 14 ROADHOUSE ELVIS PLACE TAPS PUB
      142 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 904 18  -  By Quak Hiang Whai IN A QUIET MARKET where the main market index closed unchanged, all the Singapore bourse could offer yesterday was the usual round of rumours. With Yeo Hiap Seng having denied rumours that it was restructuring, the spotlight shifted yesterday to
      904 words
    • Article, Illustration
      78 18  -  By Quak Hiang Whai Comment SINGATRONICS has been consolidating in the last three months and looks like a very good buy in the near term. Daily and weekly stochastics are at zero while the 13-week RSI is at a healthy level of about 50. A break above 75
      SOURCE: BRIDGE INFO  -  78 words
    • 3163 18 .'q 2 u Vo1 °*> last Quote Db Di» YTd Net M Cap High Low Code Company Traded Sale +or- (*000) High Low Buyer Seller CVr P/E Smil INDUSTRIAL AND COMMERCIAL 220 1 70 1000 Acma 204 xd +3 369 206 201 203 204 VL2 2T 6X) Tl7 125.7 210
      3,163 words

  • 3050 19 OCBC 970 40 4.3% ICB 565 +35 +6.6% ICBWt 232 +28 +13.7% Straits Trading 326 +26 +8.7% Asia Pacific 1100 +20 1.9% UOB 690 +20 +3.0% Metro Hldgs 476 16 +3.5% C&C 675 +15 +2.3% Prima 600 +15 2.6% Shangri-La 550 +15 +2.8% CACWt 356
    3,050 words
  • Page 19 Advertisements
    • 150 19 Shinel YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 I eleview, which incidentally is the most advanced and company news. orTonyChia 9 videotext system in the world. For
      150 words

  • 3216 20 Paramount 94 +12 +14 6% Samanda Hldgs 173 +10 +6.1% Golden Hope 128 +-6 +4.9% Ganda Hldgs 86 +4 +4.9% Guinness SO 358 +4 +1.1% Berjava Leisure 117 3 2.6% PMR1 50* 188 3 H.6% Johan Hldgs 50* 39 2 5.4% NST 322 2 +0.6%
    3,216 words
  • Page 20 Advertisements
    • 73 20 c:: :>i>i > .<\^.>,>/.yy.:l.>-^ •S. y.vvAvji-j:: c MBBrasSG6|HHm> :•>>%:• C*x.'sZ h-A-oy. itt CV.V!T Many years IHHHwO l(py.jßr7 i* -TimMßwwv .•»•••••••••••*'JvVv•'XV*J^ a/- a iy**/ iiMffiT*Tmßh v 'V'.s j V* ■•/J I BDHB m s wHunflßH HHH Mm h O jHHRjj I h K• N i, 8 I i 3 BiBß BSMfii
      73 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 1078 21 Bernama PROFIT-TAKING by cautious investors from the latest rise took share prices in Kuala Lumpur to a mixed close yesterday in brisk trading. The KLSE Composite Index at the close added 1.98 points to 602.15. The Industrial Index was 0.70 of a point
      Bernama  -  1,078 words
    • 4251 21 1992 Ijmi Vol Day Net Cap High Low I'elcode Company Sale "000 High l/>v* P/E Smil INDUSTRIALS 221 165 7003 AISB 50« 171 2 38 171 170 15.3 175.4 414 302 7004 ASM 50* 314 -10 61 326 314 16.5 1291.1 650 530 7000 Acidchem 595 20.5 255.8 515 384
      4,251 words

  • BT SHARE INFORMATION SERVICE
    • 568 22 Company Date Year Croup Net Net earnings Cross ann to profit/loss (L) per share dividend (000) (cents) Amcol Jun 15 Dec 91 $37.607($36.143> 19(18) 10(10) Venture Mtg lun 10 Dec 91 S3 404($2.331) 5(3 4) Guthrie GTS )un 9 Dec 91 $3 608(55 144) 2(3 2) 2(2) Lee
      568 words
    • 579 22 Company Rights Issue Manet Tech One for one $1 00 per )taK CASH Three-tor two MJO SO per <Jmre Eu Tan Sanj Three tor one <n SI 05 per share Golden Hope One tor so <n, MSI 50 per share H leant M Two for five MS3 35
      579 words
    • 574 22 Man Board Last Fri Tear Coapwr Penod Date Tear CPS Cms Ret mmmucmI entong (ct») dw profit last year (SV«*) EMS Final Nov 6 Jul 91 3OTt 1787ft Jacks tot Final Apr 30 Jan 92 2281 Pacific Caa Interim Jun 3 Sep 92 0 2 106 Vaa
      574 words
    • 205 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) H GB Hldgs Jun 12 Mar 92 S6.353($9.951) 6.1(9.9) 10TE(10TE) B Sembawang iun 9 Mar 92 528,832(56.742) 71.5(17.7) 35|(35j) M Mosaics Jun 9 Jan 92 M538.224(526,837) 9.2(5.7) 55(5 5) Hai Sun
      205 words
    • 1096 22 Current Ex Books Date Total for Total for payment date dose payable the year last year Acma 5% kin S Jun 18 Jul 2 122% 10%TE Amcoi 25C 10% Aug 21 Aug 27 Sep 10 10% 10% Apolo 2 5% Jun 3 Jun 16 Jul 23 25% Awmo
      1,096 words
    • 156 22 Company Date HaH-year Group pro-tax Interim ann to profit/loss (L) dividend (000) KL Kepong Jun 1 Mar 92 M$52,213(MS45,437) NYA(5) Wearnes May 29 Mar 92 $6.4271(121.878) 3(7) Ganda Hldgs May 25 Mar 92 MJ2.548($554L) Samanda Hldgs May 25 Mar 92 MJ7,006(J5,558) 3(—) C&C May 22 Mar 92 J56,395(549.453)
      156 words
    • 307 22 thm l«h Last Frf Year Farecast Date Ret Ret Profit EPS aaacd Year EPS Grass profit laage laage Ceapaay Period last yr eadng (cts) «v (S'Mfi) (cts) Stt F May 20 Mar 92 143 2 40 0 912.800 986 9—***** 1539-1840 Metre RMgs F )un 13 Mar 92
      307 words
    • 657 22 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Soil shares Before After SPH 10/06/92 OCBC Ltd *S 15.000 124,500 23.550.532 9 68 23.535,532 9 68 Low Keng Huat 08/06/92 DBS Nominees (Pte) Ltd Fong Siew Heng S 10.000 14,000 62.000 52.000 SPH 06/06/92
      657 words
    • 394 22 Jun 15 kmo-Pacific. which has to cough up $58 million to repay its loans by December, is looking to sell its 20 per cent stake in KFC Malaysia and also perhaps trading business Poon Guan Also looking for new shareholder to take up stake in Shakey's. These sales
      394 words
    • 442 22 Company Rights Issue MC Bar* One-tor two fc, MSI 25 per share Ex4ate Jun 2 Books close Jun 17 Acceptance Payment NYA Keppe* France One for four SI 10 per share Ex-date May 25 Books dose Jun 4 Acceptance Payment Jul 14 MAA Three tor four at MSI
      442 words
    • 108 22 Kingtial (Malaysia) Bhd: 14th AGM at Melati Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur, on Wednesday, June 17, at 10.30 am Cement Manufacturers Sarawak Bhd: 17th AGM at, Mulu Room, Holiday Inn. Kuching, Jalan Tunku Abdul Rahman. ***** Kuching, on Wednesday. June 17, at
      108 words
    • 77 22 Conversion Special Trdg Scripless Conversion deadline Period Trading Compan> starts (I DP) (ST) starts Eii Yan Sang* Jul I Jul 21 Jul 9 Jul 21 Jul 22 Goldtron May 12 Jun 8 Jun 23 keppel Finance Jun 10 Jul 1 Jun 19 Jul I Jul 2 keppel Corp
      77 words
    • 153 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hifh: 1316 68 21/2/92) jjfh: 1545 92 (27/1/92) 1992low: 1191.31 (09/4/92) }*f J* }gg (09/4/92 1991 Iwh: 1333.08 3/6/91) 1991 1565 58 (3/6/91) 1991 Z. 1022 52 6/1/91) (16/1/91) 1990 h*: 1435 43 16/7/90 1M7.12 (27/3/90) 1990 tow 981 07
      153 words
    • 361 22 In local curr In SS In US$ dy yr S dy yr S dy >t June 15 Index chge chge chge chge chge cfcgc World 386.0 -0.5 -5.5 -0.7 -6.5 -0.7 -6.6 fEAFE 461.4 -1.0 -8.1 -1.1 -9.4 -I.I -9.5 Europe 437.9 -0.6 6.5 -0.5
      361 words

  • STOCK EXCHANGE OF THAILAND
    • 1811 23 Reuter SHORT-TERM speculators thronged the Bangkok market yesterday after recent price rises continued into a fifth consecutive day, brokers said. Trade was heavy in property and finance shares. The SET index ended 6.37 points higher at 749.74 on heavy turnover of 8.09 billion baht.
      Reuter; Source: Bridge Info  -  1,811 words
  • JAKARTA STOCK EXCHANGE
    • 1340 23 JAKARTA share prices closed steady in active trade yesterday, with local buying interest focused on banks, brokers said. The Jardine Fleming Index rose to 69.63 from Monday's 69.50. Bank Internasional Indonesia closed 50 rupiah higher at 3,900 and Bank Bali gained 200 to
      Source: Bridge Info  -  1,340 words
  • Page 23 Advertisements
    • 6 23 QUALITY RECRUITMENT use the Appointments pages
      6 words
    • 98 23 -s buyers sellers mcct ready cash content of your FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS s 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
      98 words

  • TOKYO STOCK EXCHANGE
    • 2615 24 Reuter STOCKS ended virtually unchanged yesterday, with the Nikkei Average below 17,000 after spending much of the day above that level. Institutional buying put a floor under prices and dealers chased individual issues, but brokers said uncertain prospects for official economic measures kept
      Reuter  -  2,615 words
  • STOCK EXCHANGE OF HONGKONG
    • 2632 24 Reuter HONGKONG STOCKS finished higher in sluggish trade yesterday as local bargainhunters helped erase early losses, brokers said. The Hang Seng Index ended the day 27.68 points higher at 5,846.75. The All Ordinaries Index closed at 3,189.75, up 18.59 points. Analysts said the rise
      Reuter  -  2,632 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2175 25 Reuter THE Australian share market continued its two-week drift lower yesterday, with industrial stocks leading way. Brokers said most weakness stemmed from the feeling that improvements in the macro-economic picture would take longer than expected to work their way into company profits. The
      Reuter; Source: Bridge Info  -  2,175 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks end mixed as upbeat mood continues
      • 829 25 THE Seoul stock market ended mixed yesterday as selective buying of Financials was matched by profit-taking in other sectors, brokers said. The composite stock index ended 0.14 point firmer at 579.95 on turnover of 293.5 billion won against 382.5 billion on Monday. But losers led gainers 581 to 170
        829 words
      • 518 25 TAIWAN SHARE PRICES finished lower yesterday on heavy profit-taking after previous gains. Brokers expected the market to continue consolidating in the near term. The weighted index closed at 4,637.78, 34.71 points lower than Monday's close. Turnover was an active NT$3B.6 billion against Monday's NTS3B.S billion. Brokers said financials were
        518 words
      • 577 25 PHILIPPINE SHARE PRICES closed steadier yesterday after climbing sharply to a new intra-day record in mid-ses-sion as profit-takers switched from blue chips to oil and mining issues, brokers said. "Many investors sold commercial shares to pay for the oils which arc really very cheap, especially the secondliners," said Joseph
        577 words
      • 361 25 NEW ZEALAND SHARES ended slightly higher yesterday after another low-turnover day, which brokers put down to the usually quiet period before a budget. The government is due to deliver its budget for 1992/93 on July 2. "It's obviously pre-budget, which does not help, and the fixed interest market
        361 words
      • 53 25 Close Previous June 16 NEW ZEALAND NZSE-40 Capital 1,533.47 1,532.11 1.35 MANILA Composite Index 1,578.48 1,575.56 +2.92 Turnover (mil pesos) 804.26 725.5 +78.76 TAIPEI Weighted Price Index 4,637.78 4.672.4 -34.71 Turnover (NTS billion) 38.6 38.5 +0.1- SEOUL 1 r Composite Stock Index 579 95 579.81 +0 14" > Turnover (billion
        53 words

  • WORLD STOCK MARKETS
    • Dow almost unchanged in sluggish trade
      • Article, Illustration
        1417 26 NEW YORK STOCKS closed nearly unchanged in sluggish trading on Monday as some investors stepped to the sidelines to await key economic news to be released yesterday. The Dow Jones Industrial Average added 0.54 point to 3354.90. Analysts said some computerguided buy programs and bargain-hunt-ing helped the market
        1,417 words
      • Article, Illustration
        836 26 SHARES hit a two-month low on Monday as poor first-quarter balance-of-pay-ments figures and a series of stocks going ex-dividend combined to depress the market. The FTSE 100-Share Index closed down 10.1 points on Friday's close at 2,593.6 after a partial Wall Street-inspired rally following an earlier 26-point loss. But
        836 words
      • 274 26 FRENCH SHARE PRICES ended lower for the sixth day running on Monday but recovered from session troughs. The CAC-40 index closed 10.15 points lower at 1,918.14. A meagre 1.6 billion francs' worth of shares changed hands during the day, and dealers said trading was lacklustre. The market suffered all
        274 words
      • 136 26 SWEDISH SHARES on Monday ended above Friday's levels but off the day's highs as a morning rally ran out of steam under the influence of weaker foreign markets and concern over the government's political stability. The bourse general index closed up 0.53 per cent at 937.4 in modest trade
        136 words
      • 390 26 GERMAN SHARES dropped by nearly 0.5 per cent on Monday in a downturn prompted mainly by a fall in the chemical and pharmaceutical majors. Monday's heavy losses in Tokyo added to the pressure, particularly after Wall Street last Friday had failed to hold the gains it made on mild
        390 words
      • 189 26 ITALIAN SHARES closed broadly lower on Monday as operators squared positions ahead of yesterday's close of the June account in a market thinned by the continued standstill of the screen market, whose shares were dealt on the floor. The MIB All Share Index closed 0.32 per cent lower at
        189 words
      • 198 26 BELGIAN SHARES closed around their day's lows on Monday, depressed by weaker share markets internationally and interest rate gloom. But volume was weak and price movements were in a narrow range, dealers said. The Bel-20 index of leading shares ended down 6.10 points to 1205.18. Volume amounted to 542
        198 words
      • 419 26 THE Johannesburg Stock Exchange ended mixed in steady trade on Monday with blue-chip industrial shares dropping sharply ahead of the start of the African National Congress' mass action campaign. The Industrial Index closed 68 points down at 4,522 and the Overall Index was down 21 at 3,688. The Gold
        419 words
      • 301 26 STOCKS ended mixed after a session of moderate trade on Monday. The gold and silver sector gained more than 1.5 per cent while the real estate index came under pressure from continued losses in Bramalea Ltd and Trizec Corp shares, traders said. The TSE 300 gained 1.8 to 3409.8
        301 words
      • 279 26 June IS Cloac Previous NEW YORK Dow Jones 3,354.90 3.354.36 f 0 54 SAP 500 410.29 409 76 0.53 Turnover (million) 164.08 181.86 -17.78 LONDON Financial Times 30 2.026.4 2,025.3 +1.1 FTSE 100 2,593.6 2.603.7 -10.1 Turnover (million) 358.8 496.0 -110.2 FRANKFURT DAX Index 1.773.90 1,782.27 -8.37 AMSTERDAM EOE Index
        279 words
  • Page 26 Advertisements
    • 32 26 Personal Finance Investment in Business Times every Saturday Difficulty in getting a codv of Her World, Go. Singapore Business, Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      32 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1158 27 REPORTS ASIA TOKYO: The dollar ended firmer yesterday partly on short-covering after volatile trade, dealers said. They said the yen was under pressure against European currencies on overnight news that European Community (EC) foreign ministers called on Japan to follow policies that
      1,158 words
    • 377 27 Cross rates June 16 US$ S$ MS Dm Yen SFr AS NZS USS 1.6230 2.5190 1.5700 126.90 0.5382 1.4140 1.3298 1.8450 SS 0.6161 1.5521 0.9673 78.1885 0.3316 0.8712 0.8193 1.1368 MS 0.3970 0.64 0.6233 50.3771 0.2137 0.5613 0.5279 0.7324 Dm 0.6369 1.0338 1.6045 80.83 0.3428 0.9006 0.8470
      377 words
    • 525 27 Interbank rates S$_ Bid Offer Overnight 2 3/4 2 7/8 1-month 2 15/16 3 1/16 2-month 3 3 1/8 3-month 3 1/16 3 3/16 Overnight mode: 2-13/16 I'SS Bid Offer 7 days 3 13/16 3 15/16 1 month 3 7/8 4 2 months 3 7/8 4 3 months
      525 words
    • 470 27 Central bankers shrug off Danish vote and BIS criticism Reuter BASLE European Community central bankers have agreed to forge ahead with preparations for a single currency in spite of Denmark's rejection of the plan and criticism of it by the Bank for International
      Reuter  -  470 words
    • 1335 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 95.83- 95.85 95.82 95.85 5108 7754 ***** 95.82 Dec 92 95.21 95.23 95.20 95.22 3514 3085 ***** Mar 93 95.13 95.14 95.12 95.13 2326 1017 7906 Jun 93 94.69 94.70 94.68 94.69 474 94 1733 Sep
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  • COMMODITIES
    • 366 28 Reuter KUALA LUMPUR Traders caught out by a sharp drop in Malaysia's palm oil stocks and a lower-than-expected rise in production in May expect prices to firm in the short term. "The stocks were much lower than what the market
      Reuter  -  366 words
    • 246 28 Reuter VANCOUVER More than 12,000 pulp and paper workers went on strike in British Columbia, shutting down an industry responsible for 30 per cent of the world's northern softwood kraft pulp output. Forest analysts said the strike, which could last all summer,
      Reuter  -  246 words
    • 764 28 REPORT THE PRICE of tin surged to a 19-month high of M$ 16.29 a kg on the Kuala Lumpur Tin Market (KLTM) yesterday, up 20 sen from Monday. Dealers said the local market took its cue from the higher London Metal Exchange overnight.
      764 words
  • 1573 28 Rubber MWtLB (fob In ImIw) (M cents/kg) Noon Close Int I RSS July 92 222.00/224.00N 222.0CV224.00 Int 2 RSS OP 220.00/221 OON 220 00/221 .OON UK/Cont 219 00/220 OON 219 00/220.00N Int 3 RSS OP 217.50/218 50N 217 50/218 50N UK/Cont 216.50/217.SON 216 50/2I7.50N Int 4 RSS OP 2I4.50/2I5.50N
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  • Page 28 Advertisements
    • 259 28 _JjU_ s 'NESS TIMES Toll free Tel No 737 0043 'Fax No: 734 3698 BONVESTS HOLDINGS LIMITED (Inccxporated in the Republic of Singapore) LOST SHARE CERTIFICATES Applications has been made to the Directors ol the abovemenboned Company lo issue duplicate share certificates in place of the following share certificates which
      259 words

  • 1278 29 CHy Flight ETA night ETD Abu Dhabi GA886 0010 JUItliidi QF81 1955 QF82 2205 SQ227 2245 Amsterdam GA895 1100 SQ324 2200 KL837 1255 KL838 2240 Athens 0A471 0055 0A472 2240 1820 NZ22 1940 mi 2030 2245 BilHipipin GA911/524 0800 Baodir Sori BI421 1105 SQ182 0915 Bogawan
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  • THE TRAVEL PAGE
    • 651 29  -  POSTCARD FROM TAMAN NEGARA By Nirmal Ghosh WHY on earth am I doing this, I asked myself as my left hand mercifully gloved sank into three inches of odoriferous bat guano. Above me, in the light of my torch, about 30 bats wiggled their ears
      651 words
    • 151 29 As at 10am yesterday: I-ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2149 1.23IS Canadian dollar 1.3455 I.372S NZ dollar 0.8700 0.8875 Sterling pound 3.0021 3.0428 US dollar 1.6200 1.6280 I-ocal dollars to 100 units of foreign currency Austrian schilling 14.52
      151 words
    • 60 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Aug 22-25 International Frankfurt. Messe Frankfurt (49)69/***** July 20-24 Electrotech NEC, Elect rex Ltd, 071-*****47 Trade Fair for Germany GmbH Birmingham London (fax) Consumer Goods Aug 16-18 International Munich. Mode-Woche- (49)89/5024. Sep 6-9 Fine Food Melbourne Australian
      60 words
  • Page 29 Advertisements
    • 41 29 Discover the lengths Fiimair 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 aUrt to Pinniah.
      41 words
    • 25 29 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749-2577
      25 words
    • 323 29 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO IN THE MATTER Of BRABINA INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minute signed by representative of Holding Company relating to proceedings of subsidiary company
      323 words
    • 318 29 LATEST INSPECTION SERVICES SINGAPORE PTE. LTD. (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act Cap. 50. mat a Final Meeting of ttie members of the abovementioned Company will be held at 5 Pereira Road #06-03/04 Asiawtde industrial Building. Singapore 1336. on
      318 words
    • 245 29 NATIONAL UNWBBOT OF SINGAPORE FACULTY OF ARCHrTGCTURE&BUILDiiG SHORT COURSE ON BUILDING CONSERVATION AND REFURBISHMENT OBJECTIVES OF THE COURSE a) To provide knowledge and understanding of the architectural, technical and legal aspects of Building Conservation and Refurbishment Work b) To serve as a platform for practitioners to discuss and resolve the
      245 words
  • Page 29 Miscellaneous
    • 291 29 1 Resources left to add the —tt ill Pi 9 Foreign Office reverts to IHHH regimen, as expected (2,6) 10 Exclude copper from studying de- MH ■HHH' 13 Relaxed orchestra is pre- P 3 I I I j pared to come in on it (8) man is very important (6)
      291 words
    • 163 29 Singapore Outlook: Showers over several areas in the morning. Report: Maximum temperature 32.5 Assoc humidity 66% Minimum temperature 24.4 Assoc humidity 94% Hours of sunshine 2.60 Rainfall in mm 0.5 Rainfall this month 86.8 Rainy days this month... 11 World report Asia-Pacific Ili/I Cond. Auckland 13/10 Rain Bangkok 34/25 Cloudy
      163 words
    • 43 29 N (OH U3&J-V- TOP>T TRI6.S TO f LOHftT ON tPiRTH ft THE. PROTCOT n"W D6.SK Pv*JD SURROUNDS UH.L |CHe.sr£R Pejjßv/ emvißohmcmtm-J \G€.t Fptr up sISNi* we to P ?oTe.cr BLL ™ej ~~f cv-ie-steß Pefc*v OFFICC Q ASSOCIATED N€WS PAPERS LTD. IX2-1W? 3704 V^cJ^.
      43 words

  • 459 30 Roman Catholic bishops to back general if he assumes office AFP MANILA Fidel Ramos has won the May 11 Philippine presidential election with an unbeatable lead, according to a nearly complete tally by Congress. With 90 of the 94 provincial certificates of canvass
    AFP  -  459 words
  • 279 30 AFP BANGKOK The three top military figures in the bloody May crackdown on anti-government demonstrations have ignored a summons by a special parliamentary committee investigating the violence that left scores of people dead. Supreme commander Kaset Rojananil, army chief Issarapong Noonpakdi
    AFP  -  279 words
  • 264 30 AFP NEW DELHI Millions of manual and white-collar workers went on strike yesterday throughout India in response to leftist union calls to denounce the government's economic liberalisation, union sources and other reports said. Union leaders said an estimated 15 million stayed away
    AFP  -  264 words
  • 323 30 AP WASHINGTON America's overall foreign trade deficit fell to US$5.3 billion (SsB.6 billion) in the first three months of this year, the best showing since payments for the Gulf War helped give the country two rare quarterly surpluses last year, the government
    AP  -  323 words
  • 865 30  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL The writer is BT's Editor HOW AMUSING it was to see Japan earlier this month administering the same brand of medicine that America has been dishing out to its trade partners. Japan's gumption could be
    865 words
  • 264 30 Reuter LUXEMBOURG Wealthy European Community states forced Brussels to backtrack on a planned budget increase despite fears a show of meanness would hit Irish support for European union in a vote tomorrow. French Foreign Minister Roland Dumas said Commission President Jacques
    Reuter  -  264 words
  • 278 30 Reuter WASHINGTON President George Bush and Russian President Boris Yeltsin opened a two-day summit late last night with pomp and ccrcmony amid a clamour over Mr Yeltsin's suggestion that US POWs from Vietnam may be alive in jail in the former Soviet
    Reuter  -  278 words
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  • Shipping Times
    • 523 31  -  By Dexter Lee SINGAPORE South Korea's biggest shipping line Hyundai Merchant Marine has finally secured governmental approval to operate a liner service linking North Asia to Europe. Hyundai Merchant Marine owner's representative in Singapore Park Won Seok told BT that the carrier
      523 words
    • 279 31 Reuter LOS ANGELES The fate of the Queen Mary ocean liner, which has been operated as a tourist attraction and hotel in the Port of Long Beach, California, will be decided next week by a local commission. The Long Beach Harbour
      Reuter  -  279 words
    • 1170 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 ASXCL
      1,170 words
    • 220 31 AFP STRALSUND, Germany More than 2.000 eastern German ship workers occupied a yard here on Monday to press for an early European Community (EC) decision on the future of their industry, their employers said. The chairman of the Stralsunder Volkswerft Siegfried Heitmann said
      AFP  -  220 words
    • 301 31  -  By Juliette Walker SINGAPORE Balance in the dry bulk cargo market tipped last year to a situation of over-tonnaging and persistent recession, the chairman of Intercargo said. The chairman of the International Association of Dry Cargo Shipowners Dr Frank Chao said: "The dry bulk
      301 words
    • 127 31 Knight-Ridder SAO PAULO In an effort to end a nationwide strike by Brazilian dock workers, Transportation Minister Aflfonso Camargo will meet with union leaders to discuss their complaints, said union and government spokesmen. The strike, now in its 6th day, has effectively
      Knight-Ridder  -  127 words
    • NEWS SUMMARY
      • 46 31 DUE TO OPEN in the autumn of 1993. the Channel Tunnel has cast a shadow over ferry operations that has stretched from the lower North Sea to the western Channel, and which has lasted for a full five years Page 2
        46 words
      • 38 31 LACKING a single order so far for its planned new jumbo jet, McDonnell Douglas Corp said on Monday that it had bowed to the inevitable and postponed the start of the programme Back Page
        38 words
      • 37 31 talks on airport project BRITAIN will hold talks with China to try to overcome delays to the massive new Hongkong airport project, government officials said on Monday Back Page
        37 words
      • 38 31 CHINESE authorities in Tibet are nearing completion of one of the world's longest airport runways as part of a drive to open the remote Himalayan region to more foreign holidaymakers Back Page
        38 words
      • 33 31 EUROPEAN aircraft consortium Airbus Industrie made a 1991 operating profit of US$267 million (***** million), up from about US$lOO million in 1990, an Airbus spokesman said Back Page
        33 words
    • 400 31 KL considering whether to corporatise or to privatise port authority Bernama KUALA LUMPUR The Johor Port Authority (JPA) is likely to have control over Johor's proposed second port which is set to become Malaysia's largest, Transport Minister Ling Liong Sik said
      Bernama  -  400 words
    • LOG BOOK
      • 72 32 HELSINKI Nokia Telecommunications and Bell South New Zealand have signed a deal for supply and installation of GSM (Global System for Mobile Communications) switching and radio network systems and equipment to New Zealand. The contract is worth NZ$35 million (5530.8 million). Nokia Telecommunications is
        72 words
      • 52 32 LONDON The Bahamian-Hag vessel White Stone was refloated yesterday after running aground on Hatter Barn Reef off the Danish coast, Lloyd's Shipping Intelligence Service said. The 7,869-dwt vessel is now heading for Kalundborg, Denmark, for damage inspection. The White Stone is managed by Marimed Agencies
        52 words
      • 49 32 LONDON The 23,890-deadweight-tonne, Qatari-flagged freighter Ibn Izam has requested a survey after it sustained damage to its No 6 crane at Bombay, according to Lloyd's Intelligence. The crane was said to have been damaged. The vessel arrived at Bombay on June 8 from Khor Fakkan.
        49 words
      • 50 32 Saudi Arabia's national oil company, Aramco, is seeking three new double-hulled crude tankers in a tender, sources at ship engineering companies said. In the tender, Aramco asks for three 280,000-deadweight-tonne crude carriers, they said. Offers for the tender were due by early this month, they said.
        50 words
      • 106 32 TOKYO Indonesia's state-owned oil company Pertamina has allocated its two Japanese affiliates a total of 160,000 barrels per day of crude oil for July loading. The total was substantially less than the 240,000 bpd that the affiliates had asked for. Traders said the two
        106 words
      • 46 32 LONDON The Swedish flag ro-ro/containership Concert Express has been refloated after grounding in Halifax harbour, Canada. Lloyd's Shipping Intelligence Service said. The 44,988 dwt vessel is undergoing surveys for damages. The vessel sailed on May 29 from Antwerp and bound for New York.
        46 words
      • 48 32 LONDON The Cypriot bulk carrier Panagia Phaneromeni was refloated off Piraeus on May 30 and is now beached at Perama, Lloyd's Shipping Intelligence Service said. The 16,261 dwt vessel ran aground on Jan 30 and an attempt to refloat it on Feb 16 failed.
        48 words
    • 1428 32 With the Channel Tunnel just over a year from its opening, ferry operators are bracing themselves for a fierce Tunnel competition International Transport Journal Due to open in the autumn of 1993, the Channel Tunnel has cast a shadow over ferry operations that has stretched
      International Transport Journal  -  1,428 words
    • 12036 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,036 words
    • SHIPS IN PORT
      • 514 47 ten fry* M km* DqHrt« y«se( Woy No Berth Amval Departs Marina Terminal 1 Mahatd, n 2 a(0^Slde 1/06/1500 Batam Murni *****2 M03 alongside 1606/2300 Suh|in 1706/1700 Cahaya Harap 24 M01 alongside 1606/1700 Asean Maiu AM 05/92 )1 17 06 0800 18 06/2300 Garuda G54 M04 alongside
        514 words
      • 1592 47 DELIVERY OF FCL IMPORT CONTAINERS »N PROGRESS Shp Voy No Contanm avalttk Shp Voy Wo Containers avaiabte Han Bhum 51S 15 06.92 0700 Jaru Bhum 29N COO(EST) 1606 92 0700 North Sea 03/373 1506.92 0745 S pore Jaya 506 COO(EST) 16 06 92 1500 Marion 009N 1506.92 0940
        1,592 words
    • 968 48 J 5 1 Asia-Pacific Digital Qllular Mobile Communications, organised by IBC Techmual Services Limited at The Mandarin Singapore. For further details please contact IBC h J' c al Services at tel: 4383 or fax--071-631-3214. P?* Seatrade Asia-Pacif-ic Cruise Convention, organised by Seatrade. The event will take place at
      968 words
    • 637 48 THE KEY US Gulf/Japan grain route was marked down after Hanjin reportedly fixed a panamax for this route for second half June at U5519.15, against $19.50 last done on Friday, dry cargo brokers said on Monday. Another charterer paid $19.75 for early July, but the route's Baltic Freight
      637 words
    • 303 48 FREIGHT rates continued to fall last week, weakened by a slowdown in grain trade, worries over a slow world economic recovery and the onset of the normal summer decline, market analysts said on Monday. The Baltic Freight Index (BFI) lost 31 points to 1,172 points. The strike that
      303 words
    • 681 50 NYT LOS ANGELES Lacking a single order so far for its planned new jumbo jet, McDonnell Douglas Corp said on Monday that it had bowed to the inevitable and postponed the start of the programme until next year. The delay, which
      NYT  -  681 words
    • 439 50 Reuter LONDON Britain will hold talks with China to try to overcome delays to the massive new Hongkong airport project, government officials said on Monday. They said Chinese premier Li Peng agreed with Prime Minister John Major at a meeting in
      Reuter  -  439 words
    • 254 50 Reuter BEIJING Chinese authorities in Tibet are nearing completion of one of the world's longest airport runways as part of a drive to open the remote Himalayan region to more foreign holi-day-makers. The official China Daily said that a new, 4,000-metre
      Reuter  -  254 words
    • 290 50 AP PARIS Air France chairman Bernard Attali said that American carrier price cuts leading to an air fare war go beyond reasonable competition, but he said the French airline will fight back. Air France announced its own set of price cuts last Friday, offering
      AP  -  290 words
    • 179 50 Reuter PARIS European aircraft consortium Airbus Industrie made a 1991 operating profit of US$267 million (***** million), up from about US$lOO million in 1990, an Airbus spokesman said on Monday. The spokesman, confirming statements made by Airbus Chief Operating Officer Heribert FlosdorfT at the Berlin
      Reuter  -  179 words
    • 518 50 Reuter LONDON Britain's Lotus Group of Companies, owned by General Motors of the United States, said on Monday it would cease production of its Elan sports car, the firm's main model, because of economic recession in key markets. "We
      Reuter  -  518 words
  • Page 31 Advertisements
    • 25 31 Lines ami services represented Members el the Registry of Accredited fcffflSAt\ SWppingAgmts, Singapore National Strip- \^jjfpj) lor advert Lung enquiries, contact Shipping Times Tel 740-2089/740-2090
      25 words
    • 176 31 INDONESIAN STEVEDORE AND PORT SERVICES For all 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: Sir V «!S notice ANNOUNCEMENT The Shareholders of Sabre Line Pty. Limited have taken the
      176 words
    • 29 31 Container Schedule 17 Dariy Freights 18 lnde» 1 Stepping Gutde 10,11 Ships n Port 17 Singapore Tides 17 Transport Diary 18 Weather and Sea Conditions 17 Weekly Preghts 18
      29 words

  • Page 32 Advertisements
    • 87 32 FOR SUCCESSFUL MANAGEMENT OF YOURBU|INESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
    • 106 32 NOTICE FAR EASTERN FREIGHT CONFERENCE Notice to Shippers French Ports Disruption The Member Lines of the Far Eastern Freight Conference having monitored a reduction in the frequency of strikes in Le Havre, have decided to defer implementation of the surcharge on cargo destined for Le Havre from 15 Jun 92
      106 words

  • Page 33 Advertisements
    • 2923 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES Atlf## *****11 *****09 AII!WW BOOKINGS TEL: *****34 *****58 WTKITTWWi 7*l TERMINAL CFS TEL: *****18 220 P Bflflflfl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL *****18 FAX *****91 *****88 7T r— PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 Dedicated to
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    • 1607 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT imw ///I WUWEMMB SHIPPING ISAG/I VSL/VOY SIN WYC BAL OWF SAV~ "DOWNS ?'7 111 17 1 14/1 is/7 i a/a 2t i mi KUttflN 1«,7 II M 4.1 M IH4MM* I) 13/9 li/l
      1,607 words
    • 1439 33 ■BWiMI 2 SAILINGS TO NEW YORK ABERDEEN BAY V 5551 ETA Singapore 22/6/92 ETA New York 23/7/92 (VIA ROTTERDAM) METTE MAERSK V 9206 ETA Singapore 23/6/92 ETA New York 26/7/92 Vassal Voy ETA ETO Feeder by DESTINATIONS Aries This week Mette Maersk 9206 pv nAnn MPQ Pari CFS- 22/6 2359
      1,439 words

  • Page 34 Advertisements
    • 1640 34 ROAM' VOY NO S PORE JEDOAH S HAMTON H BURG ANT LE HARVE MONTE ROSA 19/124 18/6 27/6 11/7 7/7 6/7 I. All WESTBOUND ELBE /3 ?f Z-, ,f ,1 \tl 14/7 W" 1 PENANG KAMAKURA 23/125 25/6 4/7 18'7 14/7 13/7 r»«l Tft /rmiMNT KAGA 24/325 28/6 15/7 17/7
      1,640 words
    • 496 34 I EXPRESS TO PAPUA NEW GUINEA 1 SPORE CMEFOO V7S In PI POM/HON/NOflO/RAB LAC/MAO ALAM TALANG VIS 01/07 POM/HON/NORO/RAB/ KIM/LAE/WWK CHEFOO V(S 25/07 POM/HON/NORO/RAB LAC/MAO ALAM TALANG V2S 12/00 POM/HON/NORO/RAB KIM/LAE/WWK CHEFOO V9S 03/00 POM/HON/NORO/RAB LAE/MAO (LCL B/BULK) I/S: ALOTAU, OROBAY. KAVIENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG
      496 words
    • 1655 34 I Ea—iMU IMW REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE Wl/WY SW ALC BCL HAM BRE ROT ANT FEL LHA (WA (VIA (VIA W.G) HAM) ROT) NORASIA SINGA 9216 3 21/06 12/07 13/07 16/07 17/07 18/07 19/07 20/07 21/07 NORASIA SUSAN 9217-3 28/06 19/07 21/07 23/07 24/07 25/07 26/07
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  • Page 35 Advertisements
    • 2309 35 B STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 "cSK? 001 SPOfif bkoh MIAH BROOKE Vl« Muirj lab, KK ta Pa.l 18 km MARION V 010N 21-22 M* 24-25 Wt MIRtM Vo2t KK. Skan. Taa 18 tun 19 ho 20 km
      2,309 words
    • 2229 35 SINGAPORE AGENT: PAllts)inPfC P&O Containers (Singapore Agencies) Pte Ltd Wr* i 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 W< mm Wm\ Tel 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 x CR Number **********0Z EXPORT IMPORT UUR» I UifBS« 'HO *LO SOU ANT ROT HAM VESSEL
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  • Page 36 Advertisements
    • 629 36 ■-Ml CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE *OT SPOKE ROAM WAM H'BUtG BttKN ANTWERP EM/O MATARAM 32W8 17 21/7 20/1 25/S 30/8 4/9 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«ct to lnduc»m«nt Alto accepting cargo to Caaablanca. Port Said, Port Alexandria, Genoa, Trieste. AISO ACCEPTING CONVENTIONAL CARGO
      629 words
    • 1554 36 0 HANJIN SHIPPING FDR VSI U* I®, S4W ILMI HAUL SA» IM lOC HANJIN SEAT 111 0231 ?1 6 04KCCI 2/ 15/ HANIH CKJU MX 22 b H KULUNG 037E »/7 31/7 2/1 HANJIN HONG HONG 034E 28 6 04WCT 19 22 HANJIN KNANGTANG 090f 29 6 M EUROPE 0021
      1,554 words
    • 1312 36 rr —o j d "IH-THTT^ II cant Ha« u l t ?n 5I 6 ?I C t x C i SS 304 °?7 "j"? 0 l CMS BAI mc 1W MnrW no CIC m» I 1 iti d J 11 11 7 7 7 1,1 th .?'I .{'J u/l U/l
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  • Page 37 Advertisements
    • 1569 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 mmm FAR EAST SERVICE *****00 IMPORT CFS MB2 *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS MB2 *****53/*****50 aust/india/pak *****00 NEPLINE SDN BHD MALAYSIA K.L.-<O3) *****33, P Kelang-<O3) *****87.
      1,569 words
    • 577 37 A YOUR RELIABLE FREIGHT FORWARDER CUSTOMER SERVICE: 222 071T FAX: 222 7968 MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 23/06 Kaohsiung ETD 19/06 Pt Kelang ETD 19/06 Busan/Hong Kong ETD 22/06 Bangkok ETD 21/06 Japan ETD 21/06 Jakarta ETD 25/06 Madras ETD 20/06 Manila ETD 21/06 Colombo ETD
      577 words
    • 1160 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHARGING WESTBOUND-LOADING TRANSHPPED VIA ROTTERDAM 1 w«tu w» law
      1,160 words

  • Page 38 Advertisements
    • 1739 38 n K 4 4"W M AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 12U*****00M) W W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/EY9 i |%l U4 MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD JKL mkm m A U TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 HHHI KAWASAKI KISEN KAISHA,
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    • 853 38 PHILI-OM€NT LIN€S PT€ LTD V" 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00Te1ex:R*****0 FAX: *****76 *****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 19 JUN SYDNEY, MELBOURNE. BRISBANE, FREMANTLE 21
      853 words
    • 327 38 GOLDEN LINE A LftJV GUAN guan shipping (PTE) LTD i 23 TeU> Ay« Street SINGAPORE 0104 HI: *****88 (II IKS) Fu *****04 (C* No 1Q*****0000W) ITRAITE/PEMIAM QUIT IMYICE Spore P Keiang Penang GOLDEN HM Karacla Dub* Damnum 11/2* kr GOLDEN SIM Karachi Dubai Oammam 4/t U CWIHA lEHTICE VSI China
      327 words

  • Page 39 Advertisements
    • 2237 39 sSSSmMKI PACIFIC INTERNATIONAL LINES (PTE) LTD i mt 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 nq IQQBQ67QQQOE [JAKARTA l I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN KOTA INDAH 251 21/6 23/6 26/6 ESTEBRUGGE 15N 25/6 26/6 2/7 BUNQA TERATAI 253 23/6
      2,237 words
    • 765 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG PKELANG OCEAN VSL/VQY SIN SOU <1) RTM (2) HAM (3) GOT (4) E 19/6 19/6 20/6 JUTLANDIA 2242 23/6 10/7 12/7 1377 1577 E "2676 2676 2776 SELANDtA 2252 30/6 17/7 1977 2077 22/7 D 3/7 377 477 BENALDER
      765 words
    • 313 39 mm MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdf PINYA VI22W SM In Port MYOMAYWA *14?* 20/22 tun 23/25 tun PAGAN VIS3W 19/20 lun In Pt MPA AN VI7BW 22/24 lun NIGERIAN NATIONAL Ml SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER
      313 words



  • Page 42 Advertisements
    • 2666 42 fiill Container LlttCr Services Malaysia's Agents: Indonesia's Agents: Gua c «w* Shipping Sdn Bhd Clung Chiao Shipping Sdn Bhd p. J. Global Putra Indonesia maritime Gener.il Agents Booking Agents: M Perstann Rata Muda Musa 2SA lalan Komi Hihr •>"«" J"**** l4 Costar Shipping Pte Ltd snipping Freight Booking Centre Sin
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    • 294 42 SAMUOERA INDONESIA (S) PTE LTD 15 McCALLUM STREET ■■■■I #03-01/02 NATWEST CENTRE Singapore 0106 T*t*x: R*****0 Tal: *****81-3 Fax: 225 4939, *****38 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 VESSEL VOY SIN JAK MERKUR DELTA 928 23/06 (TUE) 27/06 (SAT) DERAJAT 986 18/06 (THU) 21/06 (SUN) DERAJAT 987 25/06 (THU)
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  • Page 43 Advertisements
    • 616 43 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 21/6 ROTTERDAM 21/6 HAIFA/ASHDOO/ALEXANDRIA 21/6 HAMBURG/BREMEN 21/6 MARSEILLE/FRANCE 21/6 FELIXSTOWE/UK 21/6 BARCELONA/SPAIN 21/6 LEHAVRE/ANTWERP 21/6 GENOA/ITALY 21/6 GOTHENBURG/SCANDINAVIA 21/6 LOS ANGELES/WC/IPI 21/6 SYDNEY/MELBOURNE 19/6 NEW YORK/EC 21/6 FREMANTLE 29/6 VANCOUVER 21/6
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  • Page 44 Advertisements
    • 1556 44 groupage CJ \y \JL. J PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 UK/SCAN/MED PORTS i (X>IOMBO/&AFRICA~I PEN PK TT PEN PK SIN 19/6 29/6 21/6 Ldn/Flx/Rdm/Ant Cotombo 14/6 20/6 21/6 21/6 22/6 23/6 Gburg/C'hagen/S'hohn/Oslo Louis 23/6 24/6 25/6 26/6
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    • 268 44 fjßjJfe, BLUE star line TO FROM HJ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS S« Wl Ml iti sm MUBiR* 27S ton 24/8 VIA NPI X /t IJ/7 AUST SIM *0522 23/6 VU ML J/7 5/7 a/7 PSOSttCT 1W 7/7 VIA ML 19/7 21/7 j/$
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    • 1097 44 I THQNG SOON LINES PTE. LTD. W* 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I COWVgMTIOfriAL/COMTAMgH COMTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL VOT lETA [PEST VESSEL »0Y SPOiE
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  • Page 45 Advertisements
    • 837 45 Wwx COMPANIA PERUANA VOEX DE VAPORES "PERUVIAN STAT? LINE" accepting breakbulk fcl/soc cargoes to/from CAILAO, MATARANI, 110* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL Of LADING "EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL /JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA, MON. TOKYO*, MANILA*. DAVAO*.
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    • 514 45 ICZ37 I MFTCvI N.AMERICA/CARRIBEAN SERVICES VtSSll jvOT En" iwNLBtR" |VOY |UI hSI~ SA» IWC »l JUL lU_ HI tAHMM SL_ ILL. ILL. ULL- JiL. JJ_ a* Vtltfl* HA. ILL. AN CWP« it— ILL- ILL. ILL- -Li- JJL mwm ML ILL. I lIALIA H— Ull— 2LL- -lil- -U- -Ul IOMQ I/4C
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    • 621 45 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI 0 AMMAN SHAH lAH DOHA MUSCAI BAHRAIN ABU DHABI BANDAR ABBAS KDOAH FAR EAST ACCEPTING FCL/LCL PINANC. P HflAN<. I AMR IA BANGKOK HONG KONG TAIWAN lAPAN MA Nil A KORIA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS, TIBURY ABERDEEN IE HARVE
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    • 471 45 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA VSI: FREITAL ETA SIN 2 JUL TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAH/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI I WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN i I CARGO BOOKING LUCKY
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    • 487 45 Sljj F« EAST 22/6 KEELUNG/KAOHSIUNG 21/6 BANGKOK 26/6 MANILA CEBU 21/6 JAKARTA/BELAWAN/SURABAYA 21/6 PORT KELANG/PENANG/E. Malaysia 22/6 BUSAN 21/6 TOKYO/YOKO/KOBE/NGO/OSA 23/6 HONG KONG SIN CHINA 23/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 20/6 LDN/FLX/LVP/SOU 20/6 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumama/Poland/Bulgaria/Czech. SIN USA/CANADA 20/6
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  • Page 46 Advertisements
    • 915 46 jg/g FIL CONTAINER SERVICES PTE LTD r MADRAS CALCUnA VSL SIW/MADRAS VSL SIN/CALCUTTA SM MAO W %m CW 5* NEXT MU.MU 1/1106 24M/0» #1 02/17 *11 AVMUU l«-U/0» »»/0« 05 OC/S7 20-21/04 27-29/06 05 00/07 22 23/00 21-02/07 01 00/07 24-25/04 01 02/07 OS 09/07 27 21/00 05 01/07 14
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    • 479 46 tsonterm! CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 21 JUNE ACCEPTING TO ALL PORTS IN NEW ZEALAND BAN6KOK 21 JUNE JAKARTA 24 JUNE PENANG 22 JUNE PORT KELAN6 18 JUNE FREMANTLE 25 JUNE MELBOURNE 19 JUNE SYDNEY 19JUNE FELIXSTOWE 21 JUNE HAMBURG 21 JUNE
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    • 475 46 This Week's Sailings I tfs I I TT I ETD Singapore Singapore 1 Rotterdam Bangkok 20/06/92 Antwerp 20/06/92 Los Angeles Jm Manila 19/06/92 (Onfonvarding v"" To Mid West/ 21/06/92 Colombo 21/06/92 A Tel: Fax: <.»>.BBS T| mm Ml Singapore 778 6522 779 2738 J QLMm* Johore 07-*****8 07-*****3 Alfred Ng
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    • 464 46 FCL/LCL SERVICES MANILA ETA SHENG CAI INB 20/6 VIGOUR SINGAPORE 29N8 27/6 BANGKOK 20/6 27/6 BUSAN 22/6 29/6 HONGKONG 19/6 22/6 USA 22/6 29/6 PT LOUIS OORBAN 27/6 10/7 KEELUNG 22/6 29/6 PT KELANG 19/6 23/6 OSAKA 24/6 1/7 PIRAEUS 28/6 7/7 KOBE 21/6 28/6 JAKARTA 19/6 23/6 DUBAI 19/6
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  • Page 47 Advertisements
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  • Page 47 Miscellaneous
    • 475 47 TIDES AND WEATHER *w i >i. ,t-♦ ■•"*#*m wwnnwi;**MW»NH»* *mv*- <« *»<*«•*■ «*> TODAY'S TIDES (he#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 *****100 1200 1300 1400 1500 1600 1700 *****900 2000 2100 2200 2300 31 2.9 25 20 14 09 06 05 05
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  • Page 48 Advertisements
    • 371 48 ULTIMATE FREIGHT SERVICES HHIaS3BBB9E&Sa3uB2QSuHi AUSTRALIA -ol porta USA -SoatUo, Portlai* SFO. Ut, Nm Yort HZ H ports «dHWPotoU HK nebidnf CMm CANADA -Citpry, Mrooßton, Mortred, Hw Dhow**, BANGKOK Ottawa, Saskatoon, Toronto, Vancomor, MAURITIUS -£st* nionor *o*. Q«*C <*~ PACIFIC SUNOS -A** sr Pom, Lao, Capoi+ign, ftottlioht S. AFRICA -Durban. C'Towb,
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    • 408 48 I COSCO I UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR QHNG RONG 12/07 Guangzhou/Huangpu COSCO FULL CONTAINER SERVICES (FCL/FCLI EXPORT TO: CHINA/BANOKOK/HONQKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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  • Page 49 Advertisements
    • 1138 49 MERCHANT i- TjP■ 'VIA FEEDER PACIFIC SOUTH-WEST SERVICE PNA' PKE* PGP* ST~ TO USA VOY KAO LBH OAK DAI/HOU CH SIU NTC 09/06 03/06 05/06 12/06 H INNOVATOR 50E 19/06 06/07 09/07 09/07 10/07 10/07 12/07 16/06 10/06 12/06 19/06 H. EXPLORER 49E 26/06 13/07 16/07 16/07 17/07 17/07 19/07
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    • 439 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WSSEL VOT sr Pft AK M COSMC CAAIUICEI SID SID TRARS AUTO 41 SID MA 17/1 SEA LAM 54 N PT SMI MEISM 72 17/1 21/1 (MAKE MOO* 27 22/1 Ml 27/1 ttkl RACOTA 71 2S/I 27/1 lAAI 111
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    • 726 49 JEDDAH/UK/CONTINENT H3||H MONK ROSA Vl9/124 IITT 27/t 11/f "jfj* UH *M*«eptnt C*£ f" ELBE 11/324 ?l/6 1/7 C/ j ,\'l 7 kn Antwerp Amsterdam Olio. Hehrtu RAAAAAURA 123/125 »/6 «/7 l|/7 14/7 11/7 IUZS!" dntroberi, Beltist and Due* RAGA *24/325 2t/l 15/7 17/7 y. n J 0 U Antwerp Amsterdam
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    • 131 49 BINTAN6 MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 ACCEPTS rotTS or CARGO SfOW USTMATONS ♦J MttCWT INJC VIU 15-1? tan 17 II km Mura labuan KK y ■TIMG BfIAIT »1« 20 22 km 22 22 km 9kUu Mr KM* bmtmg som
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  • Page 50 Advertisements
    • 100 50 Every Saturday in Business Times l could be a controversial deal between two stock J market stars, a thought-provoking report by "q( 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
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    • 5 50 Every Saturday In Business Times
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