The Business Times, 24 June 1992

Microfilm: NL18215
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/9! Wednesday, June 24, 1992 75*
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  • NEWS SUMMARY
    • Article
      French Congress nod for Maastricht referendum
      41 1 VERSAILLES, France France's parliamentary Congress yesterday approved by 592 votes to 73 a constitutional revision clearing the way for a national referendum in autumn on the Maastricht treaties for a politically and monetarily unified Europe.
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    • Article
      Proposed changes to HK voting system slammed
      50 1 HONGKONG Pro-democ-racy liberals yesterday slammed proposed changes to the voting system for Hongkong's colonial legislature as a perversion of the democratic process. The election committee voted for a system which would give voters in each constituency one vote instead of the current two.
      50 words
    • Article
      Wuthelam's China deal
      30 1 SINGAPORE'S Wuthelam Holdings and Japan's Nippon Paint have received approval to set up a US$ll million (5517.8 million) paint factory in Shanghai's Pudong economic zone Page 2
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    • Article
      Taipei slams brakes
      43 1 TAIPEI has put the brakes on a US$3O3 billion (Ss49l billion) government plan to catapult Taiwan into the 21st Century because of worries that the project could drain financial resources and cut into the island's stellar economic growth Page 3
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    • Article
      Access for US forces
      45 1 CONCERNED that a rapid withdrawal of the US military would upset the balance of power in Asia and the Pacific, Indonesia is quietly joining other regional nations in offering limited access to American forces, to encourage them to remain Page 8
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    • Article
      Osaka hit by slowdown
      40 1 JAPAN'S economic slowdown has hit development worth at least 16 trillion yen ($123 billion) in the Osaka Bay area, including public works projects aimed at boosting the economy of the country's second largest city Page 10
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    • Article
      Insurance a must
      30 1 WHO are the people who need insurance? Walton Woon says three specific groups of people should cover themselves, and suggests what they should insure against Page 14
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    • Article
      Fremantle expansion
      29 1 THE Australian port of Fremantle's future expansion hinges on the strategic trade growth between the country and Singapore, says the gateway's general manager. Shipping Times, Pg I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      28 1 WALL STREET prices opened higher yesterday morning. After one hour of trading, the Dow Jones average of 30 industrial stocks was up 10.97 points to 3,291.77.
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    • Article
      Footsie lower
      34 1 LONDON share prices were slightly lower at midday yesterday on the London Stock Exchange. At 1100 GMT, the broad-based FTSE 100-share Index was down 0.9 point, or 0.03 per cent, at 2549.4.
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    • Article
      C K Tang's profit falls
      40 1 C K TANG LTD has reported sharply lower net profits for the year to March 31, 1992. Like Metro Holdings Ltd and Isetan Ltd, it cited difficult retail conditions for its weaker earnings Page 4
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    • Article
      HK govt takes stake
      37 1 THE Hongkong government has agreed to take a minimum 30 per cent stake in an electronic communications system owned by some of the colony's most influential companies, a report said yesterday. Page 5
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    • Article
      Bull chief ousted
      26 1 THE chairman of troubled state-owned computer maker Groupe Bull, Francis Lorentz, has been ousted after repeated clashes with the French government Page 6
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    • Article
      Prudential optimistic
      20 1 PRUDENTIAL Assurance expects to double its fund size to $1.6 billion within the next three years Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 718.38 +1.12 Kuala Lumpur ....593.52 -0.53 Tokyo 16,106.99 +185.77 Hongkong 5,897.86 +77.92 Sydney 1,643.9 +7.6 Monday Change New York 3,280.80 -4.55 London 1,986.4 -20.2
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    • Article
      CURRENCIES
      22 1 Exchange rates US$ S$ 1.6200 100 Yen SS 1.2751 MS SS 0.6444 Money market rates Overnight 2-1/2 -1/4 3-month 3% -1/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix US$344.10 +USS2.50 Rubber S'pore July 143.00*/kg -0.75 M'sia July 221.00*/kg -0.50 KL Tin Turnover 45 tonnes -10 Spot M$16.60/kg -0.06 Crudo palm oil Turnover 1,437 lots -169 Sep MS859 /tonne -7
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  • Article, Illustration
    Bill of Rights leads to shock acquittal of ex-HKSE officials
    463 1  -  Ruling has implications for other graft cases From Catherine Ong in HONGKONG AN eight-month corruption trial involving six former officials of the Hongkong stock exchange ended in acquittals for all defendants yesterday, thanks to a radical ruling arising from the
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  • Article
    Beijing to allow Shenzhen to make its own laws
    248 1 BEIJING China is about to take an important step towards political reform by granting legislative autonomy to Shenzhen, the capitalist haven bordering Hongkong, official sources said yesterday. After a three-year delay, the standing committee of China's parliament opened a session here
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  • Article
    S'pore contractors hope to get slice of ring road project
    435 1  -  By Lilian Ang SINGAPORE Local contractors yesterday welcomed the news of a $3.8 billion underground ring road project, in particular, the likely commencement date of 1994 when they expect fewer construction jobs from the private sector. But the contractors hope
    435 words
  • Article
    Trends in BT tomorrow
    109 1 THIS MONTH'S issue of Trends, a publication of the Institute of Southeast Asian Studies, will appear in tomorrow's Business Times. Included in the issue are: The place of welfarism in affluent Singapore by Liew Kim Siong. The geopolitics of the Pacific by S Rajaratnam. Singlish as
    109 words
  • Article
    Viets may catch up with Thais in some sectors: Lee
    470 1  -  By Harish Mehta SINGAPORE Vietnam's southern commercial capital. Ho Chi Minh City, may in 20 years catch up with and even overtake Bangkok in sea links and telecommunications, but Vietnam as a whole cannot become another Thailand in the next
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  • Article
    Corporate assets in S'pore totalled $882b at end '89
    336 1  -  Foreign-owned companies held 72.5 pc By Anna Teo SINGAPORE The total assets of companies in Singapore reached $882 billion at the end of 1989. But 72.5 per cent of the assets were held by foreign-owned companies although they made up only
    336 words
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      194 1 Centrepoint #01-30, Tel: 737 4509 Aircraft Schedule 31 KLSE 23 TV Radio 18 Commodities 30 Law Page 14 Unit Trusts 22 Company News 4.5 Money Changer Rates 31 Weattier 31 Cryptic Crossword 31 Money Market 29 World News 10,11 Editorial 12 Regional News 8 Financial News 7 Regional Stock Markets
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      7 1 Central committee backs Deng's reforms. Back Page
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      Page 1 Advertisements Column 3
      103 1 #01 -18 International Bu»W»og Tol 737 5342 MELWANI MlflZr™""' THf MtNi FASMnN fmtf «01-25 Porogon By Sogo T«l 73? 7556 <Mfr« H# 11 •lw it Wj;j W U.'4JIH »Vrth W 21V»52~ *1<« (>r«rf>pi >ni M 7MI VWHIH fVn*osuU H.l/4 M 4 <H>W I MUt.» p.ij. ft,— M *ltlih2 S4«*«j|fc-. M
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      Page 1 Advertisements Column 4
      8 1 Exploring the capital and returns link, Pg 13
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Govt ban on trade with Serbia and Montenegro
        137 2 IN LINE with United Nations sanctions, the Government has banned trade with the Yugoslav republics of Serbia and Montenegro. The Trade Development Board said yesterday a circular had been sent to all traders and carriers in Singapore informing them of the ban.
        137 words
      • Article
        Consumer Price Index up
        75 2 HIGHER food and transport prices in May pushed up the Consumer Price Index 0.5 per cent in April. The Department of Statistics said yesterday an increase of 0.7 per cent in food prices was mainly due to dearer vegetables, pork, sea products and cooked food. Transport
        75 words
      • Article
        MFA on Pedra Branca issue
        80 2 THE Ministry of Foreign Affairs clarified yesterday that it had yet to receive any documents from Malaysia on Pedra Branca. Malaysian press reports had quoted Malaysian Foreign Minister Abdullah Ahmad Badawi as saying that Malaysia had submitted the documents to Singapore. The MFA said: "We
        80 words
      • Article
        Gleneagles in tie-up
        35 2 GLENEAGLES International, a wholly-owned subsidiary of Parkway Holdings, has tied up with Baltimore's Johns Hopkins University for various joint hospital and university programmes. The two parties recently signed a memorandum of understanding.
        35 words
    • Article, Illustration
      Wuthelam and Nippon's Pudong venture approved
      461 2  -  US$ 11 m paint factory is first of five plants planned for China By Catherine Ong SHANGHAI Singapore's Wuthelam Holdings and Japan's Nippon Paint have received approval to set up a US$ll million (S$ 17.8 million) paint factory in Shanghai's Pudong economic zone the
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    • Article
      Liang Court offer subscribed 62 times
      407 2  -  By Magdalene Ng SINGAPORE Liang Court Holdings Ltd, the second mainboard share offering this year, was 62 times subscribed when its public offer closed yesterday. It was the best rate for any offering so far this year. The issue brought in $2.8 billion in
      407 words
    • Article
      World Bank report puts damper on investment in Kazakhstan
      560 2  -  From John Helmer in MOSCOW A WORLD Bank report now circulating in Alma-Ata, the capital of Kazakhstan, has pricked the investment balloon in the republic. "All major investments should be restrained," the World Bank advised in the report. It also recommended
      560 words
    • Article
      Lock icon Taipei puts brakes on giant US$303b plan
      504 3 AP TAIPEI The Taiwanese government has put the brakes on its US$3O3 billion (Ss49o billion) plan to catapult Taiwan into the 21st Century because of worries that the project could drain financial resources and cut into the island's stellar economic growth. The Six
      AP  -  504 words
    • Article
      Lock icon Businessmen find Asia a safer bet than US and Europe
      568 3 Japanese investments abroad AP TOKYO The US and Europe are losing ground to Asia in the battle for Japanese investments as Tokyo businessmen take a harder look at investment prospects in the face of an economic slowdown. A report issued
      AP  -  568 words
    • Article
      Lock icon Tokyo bourse slide could lead to further cutbacks in Europe
      407 3 Reuter LONDON The fall in Tokyo stock prices could prompt a further scaling back of Japanese investment in Europe and some companies may even withdraw, Londonbased Japanese economists said. But they added that there was no sign of any immediate
      Reuter  -  407 words
    • Article
      Lock icon Taiwan starts drive to build up image and quality of its goods
      242 3 AFP TAIPEI Taiwan yesterday unveiled a "Symbol of Excellence" motif as part of a fiveyear drive to build up brand names and enhance the image and quality of locallymade goods. The Symbol of Excellence campaign highlighted the NT$l
      AFP  -  242 words
    • Article, Illustration
      Rising demand pushes up Shanghai property prices
      561 3  -  From A J Leow in SHANGHAI FOREIGN land developers are stepping up their presence in Shanghai, where demand for office and residential space looks set to boom. Following Chinese leader Deng Xiaopeng's pitch earlier this year for further economic reforms, demand for property
      561 words
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      261 2 u J**'*. 4 j*. 0<_ Jt-. *v K I i »b=w: -ST «»-T i*. 1 <«& Retailing Works Harder When East Meets West It's the first principle of successful retailing: location first, location second and location third. The Concourse Shopping Mall brings you all three. It's right in the middle
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      206 3 Maintain your staff productively ■ayHlKHuUfl Staff S( f J yj data, education skills, job history, career management is more efficient with f progression and manpower planning, etc. EASY Staff a human resource system VM MW This exclusive system is easily which is ingeniously developed in Wlnff/fl upgradeable. It can also
      206 words
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      Page 3 Advertisements Column 2
      135 3 Authorised Dealers All Watches Wisma Alna Asia Watch Parkway Parade Chew Cheong Watch Shaw Centre. Wisma Atria Grand Classic New Bridge Road International Watch People s Park Complex Leong Poh Kee Beach Road Nanking Watch Lucky Plaza. Peninsula Shopping Complex Pewter Time Telok Blangah Drive Royal Watch Lucky Plaza Sincere
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        CMB to sell 50pc stake in AMB to partner
        62 4 SINGAPORE CMB Packaging Singapore Ltd has agreed to sell its 50 per cent stake in AMB Packaging Pte Ltd to its joint-venture partner, Anfor Pty Ltd, for $19.7 million. CMB Packaging said yesterday this would allow it to focus on its
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      • Article
        RDC unit sets up new company
        49 4 SINGAPORE Resources Development Corporation Ltd said yesterday that its wholly-owned subsidiary, RDC .Marine Pte Ltd, has set up a new company, Raya Marine Pte Ltd. Raya Marine, whose principal activities are barge ownership and operations, has an authorised share capital of 1 million.
        49 words
      • Article
        Kim Hin studying Viet move
        57 4 KUALA LUMPUR Kuching-based Kim Hin Industry Bhd, soon to be listed on the main board of the Kuala Lumpur Stock Exchange, is thinking of setting up a ceramic tile plant in Vietnam, managing director Chua Seng Huat told reporters yesterday after the balloting of the
        57 words
      • Article
        Swens forms audit committee
        35 4 SINGAPORE Food-based Swens Asia Pacific Ltd has informed the Stock Exchange of Singapore that it has formed an audit committee, comprising Toh Kok Swee (chairman), Tatang Tabrani and Lim Choon Hock.
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    • Article
      Corrections and clarifications
      85 4 ISETAN (Singapore) Ltd yesterday clarified that its after-tax group profit for the year ended March 31, 1992 was $7.76 million, and not $7.67 million as stated in its announcement. Its second-half profit rose 31.8 per cent to $3.87 million, while its first-half earnings fell 46.1 per cent
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    • Article
      C K Tang earnings fall 42pc in tough retail conditions
      447 4  -  Group cites similar circumstances as Metro, Isetan By Sylvia Wong SINGAPORE CK Tang Ltd, the third of four listed retailers to release results, also posted a drop in earnings. It said that net profit for the year ended March slumped
      447 words
    • Article
      Inchcape to sell remaining stake in Rolex S'pore
      308 4 SINGAPORE Trading house Inchcape Bhd will sell its remaining 30 per cent shareholding in Rolex Singapore Pte Ltd by the end of the year, knocking off one of its biggest profit contributors. The stake, comprising six million ordinary $1 shares, will be
      308 words
    • Article
      Berjaya EGM gives nod to controversial deal
      331 4  -  From Leslie Lopez in KUALA LUMPUR SHAREHOLDERS of Berjaya Group Bhd have approved a controversial purchase of an island resort from the group's chief, Vincent Tan Chee Yioun, over the objections of a group of share-owning environmentalists. But at the company's sometimes stormy
      331 words
    • Article
      General Corporation earnings up 49pc
      168 4 SINGAPORE General Corporation Bhd has reported a 71 per cent rise in group turnover and a 49 per cent rise in net earnings for the year to Jan 31, 1992. The company has attributed the improvement to benefits derived from "continuing rationalisation of operations". Group
      168 words
    • Article
      Bread and retail businesses help QAF profits soar five-fold
      309 4 SINGAPORE Healthy profit growth in its core bread and -retail businesses across Asia helped boost QAF Ltd's net earnings nearly five-fold to $6.31 million for the year ended March 1992. This was up from $1.08 million the previous year. Turnover rose
      309 words
    • Article
      Hold on to your shipyard shares
      516 4  -  HO« By 1 Dexter Lee SINGAPORE Shipyard counters took a beating on the local stock market last week, with Sembawang Shipyard the worst hit. It shed 95 cents, or a loss of more than 11 per cent, to $7.65. Jurong Shipyard was next, losing
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    • Article
      Lock icon HK govt to take big stake in Tradelink project
      255 5 System allows businesses and govt to communicate electronically AFP HONGKONG The Hongkong government has agreed to take a minimum 30 per cent stake in an electronic communications system owned by some of the colony's most influential companies, a report said yesterday.
      AFP  -  255 words
    • Article
      Grand Central plans to sell Upali to Sunshine Allied
      310 5  -  By Claire Leow SINGAPORE Grand Central Investment Holdings plans to sell its Upali Group to another subsidiary, the food-based Sunshine Allied Investments. The acquisition would widen Sunshine's market access and product range. Sunshine would pay $17.39 million for the entire issued
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    • COMPANY BRIEFS
      • Article
        Toshiba and Apple in multimedia tie-up
        64 5 TOKYO Toshiba Corp and Apple Computer Inc have reached a broad agreement to jointly license, develop and produce multimedia technology and products. The first result of the tie-up, announced yesterday, will be a multimedia product based on compact-disc read-only memory, which the two companies
        64 words
      • Article
        Samsung seeks to make vehicles
        87 5 SEOUL Samsung Heavy Industries Co Ltd the heavy equipment producing arm of South Korea's largest conglomerate, the Samsung Group has filed an application to the government for permission to manufacture heavy commercial vehicles, a spokesman said yesterday. SHI plans to invest 72 billion won (Ssl44
        87 words
      • Article
        New ruling for Thai brokers
        61 5 BANGKOK The Stock Exchange of Thailand will from July 2 allow brokers to accept orders 30 minutes before the sessions begin, an exchange official said yesterday. Brokers can now accept orders only when the market is opened, after 0200 GMT. From July 2, the market
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      • Article
        Bridgestone expects lower profit
        53 5 TOKYO Bridgestone Corp lowered its forecast of parent current profit to 70 billion yen (SSB96 million) in the year to Dec 31, 1992 from a February forecast of 73 billion, a spokesman for Japan's top car tyre maker said yesterday. That compares with an actual 76.60
        53 words
    • Article
      Lock icon Head of France's ailing Groupe Bull ousted
      392 6 Computer maker's chairman removed after repeated clashes with govt NYT PARIS The chairman of troubled state-owned computer maker Groupe Bull, Francis Lorentz, has been ousted after repeated clashes with the French government, company officials said on Monday. Mr Lorentz's departure, to be formally
      NYT  -  392 words
    • Article
      Lock icon MGN posts £388m 'exceptional' net losses for 1991
      228 6 AFP LONDON Mirror Group Newspapers (MGN), formerly controlled by Robert Maxwell, made an operating profit of £91 million (***** million) but "exceptional" net losses of £388.2 million in 1991, the company said yesterday. The losses were in respect of provisions for money
      AFP  -  228 words
    • Article, Illustration
      Lock icon Suitor unveils US$3.8m plan to buy UPI
      372 6 Reuter WASHINGTON Lawyer Leon Charney, who had kept United Press International (UPI) afloat for 10 days, unveiled a plan on Monday to buy the struggling wire service for US$3.B million (556.16 million) and keep it operating. "We are willing to keep it alive
      Reuter  -  372 words
    • COMPANY BRIEFS
      • Article
        Corning earnings down in second quarter
        79 6 NEW YORK Corning Inc on Monday reported lower earnings in its fiscal second quarter, citing a special chaise at its Dow Corning Corp unit, which has been under attack over the safety of its silicone breast implants. It posted earnings of US$72.l million (S$
        79 words
      • Article
        AT&T and Microsoft tie up
        59 6 NEW YORK US telephone giant AT&T and computer software maker Microsoft said on Monday that they had reached a cooperation agreement to develop electronic mail equipment. Microsoft, the world's leading software maker, said it would soon offer a program enabling personal computers to link up
        59 words
      • Article
        Way paved for Hoesch merger
        63 6 DORTMUND, Germany Shareholders of steel and engineering group Hoesch AG have decided to scrap the company's voting rights limit, paving the way for its planned merger with competitor Fried Krupp AG. Supervisory board chairman Herbert Zapp told Hoesch's annual shareholders meeting on Monday that more
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      • Article
        BSN ups stake in beer maker
        52 6 PARIS French food group BSN said on Monday that it was raising its stake in Belgian beer maker Alken-Maes to 75 per cent from 50 per cent, for undisclosed terms. BSN said in a statement that it was buying the stake from Belgium's Ackermans
        52 words
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      234 4 IN THE MARKET PAGES Singapore turns cautious 20 Nikkei goes over 16,000 26 In the new Suzuki Vitara you can conquer mountains and cross deserts :r MHEZaSn^flhSS^^afiST^P^SMK^E^Si^^^MßP^iMß^vHl r\ f W ->v i W*v -V- --•< >v. r ji .v, ",'l. J I But you'll probably buy it for the unique
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      220 5 11# Hdv m I v jirißifß Vun' cii« BBI' fl Hft A HI r J I EL J A warm welcome at Shangri-La Hotel in Penang. A meeting of the minds should always begin gracefully. S Shongri La hotel PENANG, MALAYSIA J 4, i SHANGRI-LA HOTEL, MAGAZINE ROAD. 10)00 PENANC,
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      400 6 These securities have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States or to United States persons absent registration or an applicable exemption from the registration requirements. All of these securities having been sold, this announcement appears as a
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      Page 6 Advertisements Column 2
      137 6 FOR SALE BY PUBLIC TENDER CLOSING 4pm AUGUST sth, 1992 nm^ AND DEVELOPMENT SITES Prime Investment Country just 1 25 minutes from the heart of Perth! Excellent existing 18 hole golf course. B Additional 9 holes under construction. 3 large flexible tourism development lots. Substantial rural residential subdivision. IFor inspection,
      137 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Prudential plans to double its life fund in three years
      389 7  -  By Kooi Cho Teng SINGAPORE Prudential Assurance Company (Singapore) expects to double the size of its life insurance fund to S$ 1.6 billion over the next three years by launching new products, lifting sales and raising returns on investments. General
      389 words
    • Article
      Lock icon UK pressing hard for EC central bank to be based in London
      322 7 Reuter LONDON Britain is lobbying hard in Europe for the proposed European Central Bank (ECB) to be based in London, senior government officials said on Monday. They dismissed as "mischievous" weekend reports that Britain and France had a
      Reuter  -  322 words
    • SMALL CHANGE
      • Article
        Nikko sets up Labuan investment fund
        72 7 TOKYO Nikko Securities Co Ltd said yesterday it has set up and begun operating the first trust fund established on Labuan Island, Malaysia, under the Offshore Companies Act of Malaysia 1990. "We formed the fund in Labuan because it is outside the jurisdiction of
        72 words
      • Article
        Regulators to tighten control
        65 7 LONDON International banking regulators are about to issue guidelines to reduce the risk of scandals like the one that closed the Bank of Credit and Commerce International, a European monetary official said on Monday. The Basle Committee on Banking Supervision has been working on the proposals
        65 words
      • Article
        Tokyo studying subsidiary issue
        54 7 TOKYO The Finance Ministry is considering whether to allow bank-affiliated investment advisory firms to establish investment trust subsidiaries next April, the Nihon Keizai Shimbun reported yesterday. The paper reported the ministry was likely to give approval to investment advisory firms with entrusted assets of over 300
        54 words
      • Article
        Thai bid to reduce high rates
        70 7 BANGKOK The Bank of Thailand has acted in recent days to reduce high interest rates, a bank official said yesterday. With the bank injecting cash into the money supply over the past two weeks, the market rate had fallen from about 8 to 7
        70 words
      • Article
        Nippon unit becomes US dealer
        60 7 TOKYO A US subsidiary of the Nippon Credit Bank Ltd has become a US primary dealer. A bank spokesman said yesterday that this was the first approval of a primary dealership by the US Federal Reserve after it made new approval criteria in January. The
        60 words
    • Article
      Lock icon US Supreme Court won't review banks' liability case
      344 7 Reuter WASHINGTON In a case of major importance for international banking, the US Supreme Court on Monday effectively said it was up to states to decide whether US banks are liable to pay depositors when foreign governments seize their assets in overseas
      Reuter  -  344 words
    • Article
      Lock icon Lloyd's chairman slams members' call for EGM
      261 7 Reuter LONDON Lloyd's of London chairman David Coleridge said he deplored an initiative by "rebel" Names to seek an extraordinary meeting of the loss-hit insurance market, at which they would express no confidence in its ruling Council. M I deplore the activities of
      Reuter  -  261 words
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      201 7 class Jl§£ w^" S§fe^-' 2§sß3g 52^'«"ffP* v >-• jR* *t> •V *&&s&s£. "4 ?SeI3O&HmKS2B£ JES* •O' ■-> trv^Vv'-'a- C- L fc** r >:, I .••••>• H -sisal■ iir" i- r-fMI i f Vil' b IF YOU'VE EXPERIENCED THE EXHILARATION OF BEING AHEAD OF EVERYBODY, YOU'LL APPRECIATE SILKAIR BUSINESS CLASS. FROM
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  • THE REGION
    • NOTE BOOK
      • Article
        Ramos to lead trade teams
        81 8 MANILA President-elect Fidel Ramos says he will lead trade missions to South-east Asian countries and Japan to encourage investments in the country he will lead for six years. The 64-year-old former defence secretary was proclaimed winner of the May 11 election by Congress on Monday
        81 words
      • Article
        Tokyo plans Cambodian mission
        63 8 JAPAN Japanese Self-Defence Forces (SDF) personnel could be operating in Cambodia by as early as November, government sources said yesterday. They said that if the situation in Cambodia permitted, the government would dispatch SDF personnel in November to help in building roads and bridges and other
        63 words
      • Article
        Thais urged to stop illicit trade
        83 8 TOKYO France pressed Thailand here on Monday to help stamp out illicit border trade with Cambodia, apparently referring to gemstone and log smuggling by the Khmer Rouge. "It is very important that countries neighbouring Cambodia, notably Thailand, contribute to the United Nations to avoid
        83 words
      • Article
        Apec agrees to form secretariat
        86 8 BANGKOK Senior officials from the Asia-Pacific Economic Cooperation (Apec) forum have agreed to organise a small secretariat and have begun informal discussions on how the office would be staffed and financed. The loose agreement was reached on Monday, the first day of a three-day meeting
        86 words
    • Article
      Lock icon Indon dockyard signs deal to service US warships
      409 8 Analysts see it as support for emerging security order IHT JAKARTA Concerned that a rapid withdrawal of the US military would upset the balance of power in Asia and the Pacific, Indonesia is quietly joining other regional nations in offering limited access
      IHT  -  409 words
    • Article
      Lock icon UK's rebuke of China points to tough new policy
      325 8 Reuter HONGKONG Britain's public warning to China to stop meddling in Hongkong affairs suggests a tough, new policy that could blow up into a major row between the territory's current and future rulers, analysts said. British minister responsible for Hongkong Alastair
      Reuter  -  325 words
    • Article
      Lock icon Big losses from Philippine blackouts: report
      270 8 AFP MANILA Philippine industries suffered massive losses from an acute power shortage that has regularly blacked out Manila this year, the Trade Department said on Monday. Trade Secretary Lilia Bautista said the outages caused by breakdowns of ageing power plants led to lay-offs, damage
      AFP  -  270 words
    • Article
      Indon govt urged to deal with infrastructure woes
      306 8 JAKARTA Only 26 of Indonesia's 113 industrial estates are in full operation because of infrastructure problems and unless these drawbacks are ironed out, the country could lose out on foreign investments, executives of the Indonesian Association of Industrial Estates (HKI) have warned.
      306 words
    • Article
      Lock icon NZ recovery gathers steam with record exports of NZ$17b
      356 8 Reuter WELLINGTON New Zealand confirmed its ex-port-led economic recovery yesterday with the release of data showing it exported a record NZ517.52 billion (S$ 15.43 billion) of goods in the year to May. The Statistics Department said exports in the May year
      Reuter  -  356 words
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      257 8 FOR SALE BY PUBLIC TENDER CLOSING 4PM WED 29 JULY '92 r~X HILL VIEW GOLF (DORSE 111 Corner Kalamunda Road Roe Highway I I Maida Wale, Western Australia (fl/ 'M ft! il iITW 1 i \$M l—————J Just a short drive from the city and a shorter drive from the
      257 words
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      Page 8 Advertisements Column 2
      127 8 an (XHiemoN 'S'Ss'i J OF PRIME ZEALAND D m D PROPERTY WILL BE HELD IN SINGAPORE ON S21 FRIDAY 3rd TO SUNDAY 5th JULY, 10am 7pm, THE DEGAS SUITE ORIENTAL SINGAPORE HOTEL MORE THAN 50 PROPERTIES from $S 430,000 to $S 34 Million ($NZ 500,000) ($NZ 40,000,000) YIELDS FROM 10%
      127 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      352 9 Introducing ll PERSONAL CREDIT LINE THAT WON'T BURN YOU WHEN CHARGED. J 1 H P 4UJ;J J ll r 9 T* VHHHHv All personal credit lines offer ready cash. It makes good sense to have a source of funds you can draw on anytime I But unfortunately, they also come
      352 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Indian government simplifies customs rules
        85 10 NEW DELHI The Indian government has announced a series of measures simplifying customs rules for traders and travellers, including "self-assessment" of duties by importers, a Commerce Ministry statement said yesterday. The new measures introduce a "green channel" for imported cargo, liberalise baggage rules for tourists
        85 words
      • Article
        South Ossetia seeks merger
        51 10 VLADIKAVKAZ, Russia Officials of Georgia's secessionist South Ossetia called for a merger with their ethnic kin in neighbouring Russia on Monday as the Russian leadership moved to patch up the dispute. South Ossetia, in northern Georgia, wants to join with North Ossetia, a semiautonomous part of
        51 words
      • Article
        S Africa has modest loan needs
        65 10 LONDON South Africa has only a modest need to raise funds on the international capital markets this calendar year, said Gerhard Croeser, director general of the South African Department of finance, on Monday. This year's borrowing programme included the refinancing of six maturing mark-de-nominated
        65 words
      • Article
        Canadian economy picking up
        41 10 OTrAWA Canada's economy is growing again, according to government figures released on Monday. Real GDP, at market prices, grew 0.4 per cent in the first quarter of 1992, after no growth in the fourth quarter of 1991.
        41 words
      • Article
        Japanese companies pessimistic
        67 10 TOKYO Sentiment among Japanese companies worsened in the second quarter of this year, falling below the bearish level seen during the 1986 recession, the Finance Ministry said on Monday. Its April-June "boom or bust" index based on the ratio between companies which feel business is getting better,
        67 words
    • Article
      Lock icon Japanese slowdown takes its toll on Osaka projects
      514 10 Asahi OSAKA Japan's economic slowdown has hit development worth at least 16 trillion yen (*****.47 billion) in the Osaka Bay area, including public works projects aimed at boosting the economy of the country's second largest city. A review has started for some
      Asahi  -  514 words
    • Article
      Lock icon Narrowing of UK trade gap superficial: economists
      342 10 Reuter LONDON Britain's trade gap with the rest of the world narrowed sharply in May but economists said the improvement announced on Monday was largely superficial. The current account balance of payments deficit fell to £645 million (S$ 1.9 billion) in May from
      Reuter  -  342 words
    • Article
      Lock icon India still needs massive foreign aid: World Bank
      499 10 Reuter WASHINGTON India has successfully tackled the debt crisis that confronted it last year but it will need massive foreign aid in 1992-93 to help reform its limping economy, World Bank officials said on Monday. They said the Bank would ask aid
      Reuter  -  499 words
    • Article, Illustration
      Lock icon Li's death removes obstacle to reform drive
      499 10 Old guard leader was opposed to reform to the end AFP BEIJING The death of former Chinese president Li Xiannian has removed another obstacle to senior leader Deng Xiaoping's campaign for accelerated economic reform and opening to the outside world, analysts say. "It's
      AFP  -  499 words
    • Article, Illustration
      Loans for Russian firms set to loosen monetary policy
      494 11 But officials say bold economic reforms not at risk MOSCOW Plans for big new loans to Russia's faltering industry will loosen the reins of the country's tight monetary policy, but senior officials said on Monday that bold economic reforms are not
      494 words
    • Article
      Murdoch fires exec who takes 'let it all hang out' too literally
      360 11 HOLLYWOOD A young executive has been stripped of his job by publisher Rupert Murdoch for hiring a male stripper to illustrate a point about nudity. Stephen Chao, president of Fox Television Stations and Fox News, was making a
      360 words
    • Article, Illustration
      Lock icon CIS officials see harm in Western economic remedies
      420 11 Reuter CRANS-MONTANA, Switzerland Russian and Ukrainian officials warned the West at the weekend that its remedies for their economies were driving them to chaos and collapse. Western insistence that "shock therapy" was essential for recovery in the former communist states looked increasingly
      Reuter  -  420 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      117 10 1 The Annual Management Development Programs 27-31 July 1992 The Oriental Singapore I'ri saitcil In/: University of California, Berkeley University Extension, University of California, Berkelev and Times Conferences and Exhibitions "Six TIMES CONFERENCES EXHIBITIONS h-!A* YT" m mb r Tim»% Publishing Group 1 The highly popular Annual Management Development Programs
      117 words
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      Page 10 Advertisements Column 2
      407 10 CORPORATE FINANCIAL MANAGEMENT STRATEGY 27-31 July 1992 j For Whom This program is designed for financial and corporate planning executives at the corporate and divisional levels, which will include Managing Directors, Finance Directors, Chief Accountants, Corporate Planners etc. Key Topics Shareholder Value Planning Valuation of Corporate Securities Acquisition Divestitures Equity
      407 words
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      Page 10 Advertisements Column 3
      80 10 CALLING ALL TELEVIEW USERS! am O CITIZEN 'YOUR PRIZE! Simple! All you have to tlo is to punch *410# for SPI Shine on Teleview. Come into our "Sports Health" Section enter the Shine Sports Quiz. You can stand to win exclusive 4 I w Citizen timepieces including the f" iA'
      80 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      103 11 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available U.S.$ BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 •ISLE OF MAN 450 •JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
      103 words
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      Page 11 Advertisements Column 2
      406 11 Hostile alliances taking shape, Pg 12 the There's a new PC AX 4s from Epson. grade i4B6SX-2 5 CPU. This automatically makes it one of the fastest in the market. numeric-intensive applications with *****5 X co-processor. With a minimum 4MB and a maximum 16MB memory, you'll have The PC AX
      406 words
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  • Article
    Ramos must start afresh
    485 12 EDITORIAL PHILIPPINE president-elect Fidel Ramos, a man with a penchant for sports and weightlifting in particular, must now heave a bigger burden. At a time when his country's economy has wallowed in negative growth and foreign investments fell 25 per cent last year, the challenge that
    485 words
  • WHAT THE OTHERS SAY
    • Article
      Great way to expand?
      305 12 THE first phase of the Australian Government's privatisation programme of the merged Qantas-Aus-tralian Airlines will offer 49 per cent of the new entity to airline and other institutional investors, with a maximum of 35 per cent allowed to foreign parties. On paper, it looks a terrific
      305 words
    • Article
      Ensuring acceptance
      113 12 YAYASAN Mendaki and Singapore Malay Teachers' Cooperative Society (SKSGMS) will introduce an Islamic insurance scheme (Takaful) in July 1993. The scheme will cover life insurance and endowment, as well as other forms of coverage such as fire, theft, vehicles and travels. Unlike other insurance schemes that are based
      113 words
    • Article
      Maintaining the edge
      124 12 SINGAPORE has been rated the most competitive NIE for the fourth consecutive year in the latest World Competitiveness Report. This is because we have been able to co-ordinate our education system with our economic development. The rise in labour costs has made us invest more in enhancing
      124 words
  • REGIONAL VIEWPOINTS
    • Article
      Killing all doubts
      199 12 ONE month after troops opened fire on unarmed protesters in Bangkok, killing scores, the exact death toll is still not known. Human rights groups claim more than 700 supporters of the pro-democracy movement disappeared into military and police custody at the height of the protests; a physicians'
      199 words
    • Article
      Cambodia end game?
      178 12 A POSITIVE turn in the course of events in Cambodia cannot be ruled out. For one thing, conditions have vastly changed since the last peace efforts in Paris. The Khmer Rouge's staunchest supporters are the Chinese, who used to be hostile towards the Vietnamese. But China appears
      178 words
    • Article
      Staying alert
      147 12 A NEW era in Japan's approach to security has opened with last week's passage of a law allowing Self-Defence Forces troops to participate in UN peacekeeping operations. For the time being, Japanese troops will be allowed to engage only in support operations (such as communications, medical care and
      147 words
  • Article, Illustration
    Lock icon Hostile alliances taking shape
    998 12  -  Deepening mutual distrust among the post-Soviet republics is developing where once there were hopes of a loose commonwealth, write John Lloyd and Cnrystia Freeland. John Lloyd,Chrystia Freeland FT THE post-Soviet states arc not evolving towards the loose confederation they envisaged when they founded the Commonwealth of
    FT  -  998 words
  • Page 12 Advertisements
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      307 12 BUS IN ESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 Arthur Andersen Associates Pte Ltd GROUP GENERAL MANAGER Attractive Compensation plus Car Our Client is a highly successful public-listed Group engaged in construction, property development investments and related businesses in the Asia Pacific region. To ensure
      307 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      49 12 DOONESBURY by garry trudeau "nVF!WS 35® 'I f I vecAse against CDNsmunoNfiLflHr-ycammsmismrsMOK- i 5^ H6IS*T7U~tNPtS- MM PRH6HHB C- NO YH&UA SUMS! BLACKS J? UOUVTHB PUfiSt <z pm! CALL OFF C_ c A RMT S MU, SMOKE UHTTE BRANPS' mrTHP&UKE yOUR AWEKTIS- I UHCH IMAGE *XJCA*T..=HACK~ YOU A RECESS THIS!
      49 words
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  • ANALYSIS
    • Article, Illustration
      Exploring the link between capital and returns
      1268 13  -  A Department of Statistics paper released last week shows that companies in Singapore earn surprisingly low returns on capital. How do industries source and use their capital? What is the impact of foreign companies on overall returns? Anna Teo delves into the full
      1,268 words
    • Article
      Foreign companies dominate
      578 13 THE three largest companies in Singapore in 1989, ranked by total assets, were Fuji Bank, DBS Bank and Dai-Ichi Kangyo Bank, all from the finance sector. The DOS does not state the companies' asset sizes. Foreign companies headed the top-three list in four of seven industrial sectors
      578 words
    • Article, Illustration
      Corporate share on the rise
      534 13 DESPITE rising labour costs, the corporate share of Singapore's economic output grew during the post-reces-sion half of the 1980s. The wage share of nominal gross domestic product, representing the portion of economic output that goes back to workers, hovered above 40 per cent over the
      534 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      162 13 I CANADIAN OVERSEAS COLLEGE IpF W? SINGAPORE I A Canadian education is now available in Singapore at Canadian Overseas College. The School, which is fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to secondary school students from
      162 words
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  • THE LAW PAGE
    • Article
      Why directors need liability insurance
      1408 14  -  Walter Woon says three types of directors should cover themselves, and suggests what they should insure against Walter Woon The writer is vice-dean of the Faculty of Law at the National University of Singapore The trouble with insurance is that you don't miss what you
      1,408 words
    • Article
      Freight forwarder found liable for damaged goods
      418 14 CASE, Corten Furniture Pte Ltd v Merzario (Singapore) Pte Ltd. High Court of the Republic of Singapore. District Court Suit No 622 of 1991. Justice Chan Sek Keong. THIS CASE came before the High Court as an appeal from the District Court. In
      418 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      289 14 v ***-> THE (JuADRANT The Quadrant A 28-storey mtdligent office II II II I concourse prwdes visual relief from the concreie STTC J r^\( building sanding at the junction of Cecil Street and STWKT J monotony of the aty Creating a pleasant environment for j Church Street With the Rafiles
      289 words
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      Page 14 Advertisements Column 2
      15 14 BATTERED TEENAGERS Why they don't want to talk about it GET IT NOW 60 m
      15 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      168 15 Exploring the uses of derivatives should be satisfying, not mystifying. Derivatives don't make risk disappear, but they do make it possible to exchange a risk you'd rather not take for one you're more willing to accept. Options, swaps, and other derivatives are simple in essence, but since they're so versatile,
      168 words
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  • FOCUS
    • Article, Illustration
      Lock icon Reality for the Rouge
      655 16  -  James Pringle looks at how the Khmer Rouge can affect the United Nations' peace efforts in Cambodia James Pringle The writer is a former correspondent for Reuters and Newsweek in Asia IHT HERE in Pailin, the Khmer Rouge "capital" of Camb o d i a headquarters
      IHT  -  655 words
    • Article
      Lock icon Mammoth task ahead in reconstruction
      512 16  -  In this report from Phnom Penh, Sheri Prasso examines why Cambodia is in desperate need of aid Sheri Prasso AFP THE TOKYO conference on rebuilding Cambodia which ended on Monday with pledges of around US$BBO million (Ssl.4 billion), brought into focus the massive reconstruction needed
      AFP  -  512 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      94 16 Mr. Sm Wing Why* MM iSjjBpHHHUB Chief Engineer f f FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. Mr. wm*low mm* Equipment Sysems. Engineer JKf THE BEST \SVLUE. Sr CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828 and save Made with non-toxic, biodegradable parts, our environmentally-friendly
      94 words
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      Page 16 Advertisements Column 2
      90 16 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS ffSks c> 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
      90 words
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  • SPORTS
    • Article, Illustration
      Lock icon Painful exit for listless Connors
      667 17 Wimbledon AP WIMBLEDON The magic missing from his game and the enthusiasm drained from his heart, Jimmy Connors left his 20th and probably final Wimbledon as a pained loser on Monday. Connors, who thrilled crowds at the All England Club last year with a display
      AP  -  667 words
    • Article
      Lock icon Fresh wind blowing Kite's way
      402 17 NYT PEBBLE BEACH, California Tom Kite's emotional victory at the US Open re-es-tablished this point: No active player who has been a champion can ever be written off. From Jack Nicklaus to Tom Watson to Hale Irwin to Ray Floyd to Seve Ballesteros, the best
      NYT  -  402 words
    • Article
      Lock icon US Dream Team gets cracking
      406 17 AP SAN DIEGO Magic Johnson returned to basketball when the US Olympic "Dream Team" opened practice on Monday. With a flash of his wide smile he declared: "I'm back to being one of the boys again." Johnson, who retired from the Los Angeles Lakers on
      AP  -  406 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      173 17 Southmall JrfKXbJ Shopping Centre a£Lj^» imMF*. —i U£^jEfe*iyMtt Retail Investment with proven performance^ 99% Retail Occupancy. 170,000ft 2 of accommodation^^B Strong anchor tenants including Woolworths H New World Supermarkets. Well established residential area. Long term leases. I For further information contact Jim Williams Appointment Ads Help You Find The Right
      173 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      834 18 Nothing Beats A where to wine, dine OF GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. It A MEMBER OF
      834 words
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      Page 18 Advertisements Column 2
      298 18 Local Tea Time delights at Chatterbox "TJT* ever y Friday, Saturday and Sunday 3 pm to 5.30 pm. $14.50+ per person $8.50+ per child (below 10 yrs) Mezume Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge Daily. 3 pm to 6 pm. $16.00++ per person $10.00+ per child (below 10
      298 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      620 18 TELEVISION AND RADIO QoU,r AarSt Cff\ ***** BUSNESSONBffIO oduy please uuii i go 7.25 s Nightly Business Report. h as no comcrs three men $.00 News (M). M?"* 1 5.30pm. —-p—i»ml, 800 n *'BM (Sec Our Choice). an j a woman are recruited 6.25 With the Quran. 3.2531 H. f
      620 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Henley: life in the green lane
      742 19  -  Lena Williams on Don Henley, ex-Eagles drummer turned environmentalist Lena Williams NYT DON HENLEY, the rock star and environmentalist, ambles through the urban wilderness he calls a backyard at his home in the hills along Mulholland Drive, rhapsodising about the creatures that inhabit his
      NYT  -  742 words
    • Article
      Indonesian troupe offering dance with a difference
      397 19  -  Singapore Arts Festival '92 Cheryl Liew examines the ideas behind the Bagong K company Cheryl Liew EVEN though Bagong Kussdiardjo, founder of the Bagong K. Dance Company, spoke in Indonesian at the press conference, his conviction and passion for what he was doing
      397 words
    • Article
      Protection for VIP drivers at NZ rally
      276 19 CHATTERBOX POLICE diplomatic protection squad members will be out in force at this year's New Zealand motor rally, starting tomorrow. Among the 36 foreign drivers will be a son of the president of Argentina, Carlos Menem, and a son of Indonesia's President Suharto.
      276 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      227 19 AND ENTERTAIN jjsbum wl 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 A during these hours ANA HOTEL Moo to Thor 6pm to 10 pot e Fri 6pm to 8 pm
      227 words
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      Page 19 Advertisements Column 2
      209 19 3SC Imdebutsßll Experience this sizzling Japanese encounter at NISHIKi RESTAURANT! Set meals available at unbeatable prices of S2O to 525 for lunch and 535 to 538 for dinner. For reservations, please call 3224 224/5. Our mtaurant cm tins welcome the public to e*/oy fine Jmnmij IR|i FaJ t WMd* HI
      209 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors cautious in wake of Nikkei's tumble
      937 20  -  By Sylvia Wong THE Nikkei Average's close below 16,000 points on Monday left its mark on the Singapore market yesterday. Caution was the watchword as the Straits Times Industrials Index moved within a 4.04-point range throughout the day. The benchmark STII ended yesterday's
      937 words
    • Article, Illustration
      HOT STOCK
      69 20  -  By Quak Hiang Whai Comment OCBC Bank traded just below the $9 level for about a year. The stock recently broke through that level and has since traded above it. W hile it looks set to test the $10 mark, long-term stochastic* look bearish. The long-term chart also
      69 words
    • Article
      Untitled
      3174 20 Gr's Gr's 1992 Tel Curr Last Vol Day Last Qwrte Div Di* VId Net M Cap High Low Code Company Traded Sale +or- ("000) High Low Buyer Seller Cn P/K Smil INDUSTRIAL AND COMMERCIAL 220 170 1000 Aetna 207 +1 315 208 205 206 207 12.2 2.1 5.9 12.0 127.6
      3,174 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3163 21 DBS 1160 20 f 1.8% F.u Yan Sang 205 20 t- 10 8% SIA I oreign 1840 t 20 f I 1% SPH 850 f 15 18% Asia Pacific 1120 MO tO.Wi Keppel C orpn 760 MO I 3% OCBCIoreign 1340 MO t 0.8% I
    3,163 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      136 21 Shine I YOUR KEY TO BETTER BUSINESS DEC ISIONS! 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 on Teleview, which incidentally is the most advanced and company news. or Tony Chia a A
      136 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices end mixed amid bargain-hunting
      1061 23 Bernama SHARE PRICES here recouped part of their losses yesterday to close mixed with losers generally above their earlier lows, aided by light bargain-hunting in the afternoon. The upturn on the Tokyo market yesterday attracted investors to move in for bargains in a market
      Bernama  -  1,061 words
    • Article
      Untitled
      4195 23 1992 IJBt Vol Day Net Cap High Low Telcode Company Sale "000 High I/>w P/E $mil INDUSTRIALS 221 165 7003 AISB 50« 167 unch 33 168 167 14.9 171.3 414 297 7004 ASM 50« 297 -5 373 300 297 15.6 1221.2 650 530 7000 Acidchem 595 20.5 255.8 515 384
      4,195 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      PROPOSED ISSUES
      540 24 Company Rights Issue Aiance Ted) Owtor-one $1 00 pet share CASH Three-tor4wo M$0 50 per share Golden Hope One-torsa (a, M$1 50 per share H Leon| M Twoforhve (a, MS3 35 per share Issue of $28 07m 5% Redeemable Unsecured Loan Notes on the basis of SI nominal
      540 words
    • Article
      AUDITED RESULTS OTHER RESULTS DUE
      825 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Semb Shipyard Jun 18 Dec 91 $72,177(152.167) 39 6(28 9) 19(17) U08 Jun 18 Dec 91 $261 618($226,014) 46 5(395) 18(18) Acma Jun 15 Dec 91 $10.647($9.256) 17
      825 words
    • Article
      CORPORATE DEVELOPMENTS
      669 24 Jtf) 22 GP Batteries has acquired a European battery making plant for S$6.4 million from Danish GN Great Nordic to expand its alkaline battery production facility The acquisition makes it one of the world's largest independent suppliers of 9-volt alkaline batteries. Lion Land Bhd is buying two companies,
      669 words
    • Article
      PRELIMINARY RESULTS
      173 24 Company Date Year Group pre-tax Net earnings Cross ann to profit/loss (L) per share dividend (•000) (cents) tsetan Jun 22 Mar 92 $10,431 ($16,060) 23.4(30.7) 10(10) TDM Jun 22 Dec 91 M$648l($l,504L) j Cement Jun 19 Mar 92 $12.913($3.110) 28 5(89) 12.5(7.5) Metro HMgs Jun 19 Mar 92
      173 words
    • Article
      DIVIDENDS ANNOUNCED
      1083 24 Current Ex Books Dot* Total for Total for payment dote dose payable the year last year Don 5% Jun 5 Jun 18 Jul 2 12 2% 10%TE Amcd 25c 10% Aug 21 Aug 27 Sep 10 10% 10% Apolo 2 5% Jun 3 Jun 16 Jul 23 25%
      1,083 words
    • Article
      INTERIM RESULTS
      164 24 Company Date Half-year Group pre-tax Interim aiwi to profit/loss (L) dividend (•000) Cerrtos Jun 17 Mar 92 $43,840(537.574) KL Kepong Jun 1 Mar 92 M$52.213(M$45,437) NYA(5) Wearnes May 29 Mar 92 $6,4271 ($21,878) 3(7) Ganda HkJgs May 25 Mar 92 M$2,548($554L) Samanda Hldgs May 25 Mar 92 M$7.006($5,558)
      164 words
    • Article
      COMPANY MEETINGS
      133 24 Khonf Guan Hoidnfs Mabysia Bhd: 22nd AGM at the Malacca Room, Lower Lobby, Shangri-La Hotel Kuala Lumpur, 11 Jalan Sultan Ismail, ***** Kuala Lumpur, on Thursday, June 25, at 12.00 noon George Kent (Malaysia) Bhd: 41st AGM at the Registered Office, No 2, Lorong 19/A, ***** Petahng Jaya,
      133 words
    • Article
      RESULTS FORECAST
      231 24 Mail Beard last Frf Year Forecast Date Net Net Preft EPS aw4 Tear EPS Cress profit Range N" CMpay Period last jr eodng (cts) *r (VIM) (S$a) (cts) Traasanrto F Jun 13 Mar 92 34.2 6.0 8,545 5.3—5.5 2.2—21.1 Cft Tag F Jun 19 Mar 92 16 4
      231 words
    • Article
      APPROVED ISSUES
      430 24 Company Rights Issue DIC Bar* One-tor two MSI 25 per start Ei-date Jun 2 Boohs dose Jun 17 Acceptance Payment ki 30 Eu Tan Sane Three-tor-one 5105 per share Ex date Jun 17 Books Close Jun 27 Acceptance i Payment NYA K epp* France One-for-tour SI 10 per
      430 words
    • Article
      SCRIPLESS CONVERSIONS
      81 24 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (IDP) (ST) starts En Yan Sang* Jul 1 Jul 21 Jul 9 Jul 21 Jul 22 Keppel Finance Jun 10 Jul 1 Jun 19 Jul I Jul 2 Keppel Corp Jun 12 Jul 2 Jun 12 Jul 2
      81 words
    • Article
      RECORD HIGHS & LOWS
      143 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 htft *****8 (21/2/92) J* W\W) 1992 tow: 1191.31 (09/4/92) JJJJ tar 352.M 1991 htfi: 1333.08 (3/6/91) J* J"58 3/6/9 1991 tow: 1022.52 (16/1/91) "J®* 1990 1435 43 (16/7/90) »S If SSJ w S» 1990 tow: 981 07 09/11/90) m/SSR U-tme
      143 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      366 24 In local curr In S$ In USS dy >t *dy *yr dy jt June 22 Index chge chge chge chge chgc chge World 376.9 -0.9 -7.7 -1.2 -8 8 -1.0 -8.8 iEAFE 448.6 -1.4 -10.7 -1.5 -12.0 -1.4 -12.0 Europe 432.3 -0.9 5.2 -0.8 3.3
      366 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      554 24 Trans Registered Substantial Buy/ Mo. of Amount Shareholding Stock Date Holder Shareholder/Director Soil shares Before After SPH 20/06/92 OCBC Ltd S 27.000 225.901 23.138.532 9.51 23.111.532 9 50 19/06/92 OCBC Ltd «S 38.000 319.200 23.176.532 953 23.138.532 951 Smgmanne 18/06/92 SIMBL Nominees Pte Ltd Temasek Holdings (Pte)
      554 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Index ends lower amid active trading in small-cap issues
      1825 25 Reuter TRADING was active on small-capitalisation issues yesterday but most of them ended lower, brokers said. The SET Index ended 3.99 points lower at 752.30 on a high turnover of 9.26 billion baht. Declines led advanced 145 to 81. "There has
      Reuter; Source: Bridge Info  -  1,825 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices close little changed in light trading
      1239 25 Reuter JAKARTA stocks closed little changed in light trading yesterday, brokers said. The official index ended the day at 325.86, marginally lower than 326.10 previously, with a total volume of 5.85 million shares. "Market sentiment in general is not that bad. Investors
      Reuter; Source: Bridge Info  -  1,239 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      15 25 Get the a PICK gp CROP H ADVERTISE YOU* JOB OPENINGS to Urn APPOINTMENTS columns
      15 words
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      Page 25 Advertisements Column 2
      920 25 J J onagers /Must r lanage BT shows you how every Monday. BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF POH LIAN MARINE PTE LTD (In Members Voluntary Winding Up) AT AN
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks rise as Nikkei edges past 16,000
      2582 26 Reuter STOCKS ended higher yesterday as the Nikkei Average edged above 16,000. Index-related buying kicked in, helping to lift prices after the market took heart from official statements foreshadowing an economyboosting package, brokers said. But many investors stayed away, leaving trade thin. "The
      Reuter  -  2,582 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Share prices firmer on technical rebound
      2617 26 Reuter SHARE PRICES closed higher yesterday in active afternoon trade on a technical rebound, brokers said. "There is no news in the market, the rise is just technical," said Peter Fu, a director with Peregrine Brokerage. Sell orders decreased in the afternoon and several
      Reuter  -  2,617 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks bounce back in active trading
      2135 27 Reuter SHARES bounced back yesterday on the Australian stock market after a soft start. The gains, which took the All Ordinaries Index up 7.6 points to 1,643.9 at the close, followed an upturn on the Tokyo bourse and generated the highest trading volume since
      Reuter; Source: Bridge Info  -  2,135 words
  • REGIONAL STOCK MARKETS
    • Manila shares plunge with profit-taking
      • Article
        MANILA
        541 27 SHARE prices plunged across the board yesterday mainly on falls in Philippine Long Distance Telephone Co and on profit-taking, brokers said. i The Manila Stock Exchange Composite Index dropped 4.3 per cent or points to close at 1,453.86. The market ignored the formal proclamation by Congress of Fidel Ramos
        541 words
      • Article
        NEW ZEALAND
        283 27 THE New Zealand share market closed nearly 1 per cent easier yesterday with brokers attributing the fall entirely to weak foreign markets. The NZSE-40 dropped around 15 points at the opening and remained weak through the day. It ended 14.18 points down at 1,516.36. Brokers said direction will
        283 words
      • Article
        BOMBAY
        137 27 BOMBAY stock brokers continued to boycott trading for the second week as they awaited a court verdict on unfreezing the shares of leading broker Harshad Mehta, who is at the centre of a major financial scandal. The Bombay Stock Exchange, which had said it would petition a special court
        137 words
      • Article
        Untitled
        49 27 Close ht'k— Jhk 23 NEW ZEALAND NZSE-40 Capital 1,516.36 1,530.53 -14.18 MANILA Composite Index 1,453.86 1,519.54 -65.61 Turnover (mil pesos) 394 432.6 -38.6 TAIPEI Weighted Price Index 4.690.48 4,697.66 -7.18 Turnover (NTS billion) 61.5 49.2 +12.3 SEOUL Composite Stock Index 559.99 558.32 +1.67 Turnover (billion won) 188.56 151.31 +37.25
        49 words
      • Article
        TAIPEI
        494 27 TAIWAN stocks closed lower yesterday in the highest turnover since January as major players unloaded shares to take profits from previous sharp gains, brokers said. The weighted index, which surged more than 70 points early and then fell more than 30 points at mid-morning, ended 7.18 points down at
        494 words
      • Article
        SEOUL
        778 27 A TECHNICAL rebound in reaction to recent falls to its lowest levels in 52 months nudged the Seoul stock market up a bit to end slightly higher yesterday, brokers said. "It doesn't mean the market is coming out of its doldrums as most investors still prefer to be sidelined.
        778 words
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  • WORLD STOCK MARKETS
    • Dow recovers from slide with modest losses
      • Article, Illustration
        NEW YORK
        1419 28 BLUE CHIP STOCKS rebounded to ,close with only modest losses on Monday, after declining more than 30 points earlier in the day on the back of de- pressed stock markets in Japan, Britain and Mexico. The Dow Jones Industrial Average ended off 4.55 points at 3,280.80. But in
        1,419 words
      • Article, Illustration
        LONDON
        792 28 SHARE PRICES continued to fall on Monday, with general gloom over the lack of an economic recovery, compounded by downward trends in Tokyo, wiping out the market's postelectoral gains. The FTSE Index of 100 leading shares closed down 34.5 points at 2,550.3, below its level of April 9. The
        792 words
      • Article
        AMSTERDAM
        168 28 SHARES closed weaker on Monday, the market drained by early Tokyo gloom which seeped through to London and New York, dealers said. The EOE Index closed near its session lows at 304.50, off 3.19 points after slow trade. Profit-takers failed to find buyers who held off awaiting further bargains,
        168 words
      • Article
        PARIS
        150 28 THE bourse plunged on Monday, as the CAC-40 stock price index ended the day at 1,885.77 points, down 1.47 per cent by comparison with the Friday close. Operators said part of Monday's weakness was due to the debacle the same day on the Tokyo market, which lost 3.6 per
        150 words
      • Article
        FRANKFURT
        249 28 SHARE PRICES began the week on a weak note and the DAX Index ended on Monday down by 0.16 per cent at 1,770.64 points while the Commerzbank Index fell 2.2 points to 1,990.7. Buyers held back, leaving the market without direction in the absence of any change in the
        249 words
      • Article
        MILAN
        228 28 IN SPITE Of falls in Tokyo and other European markets, Italian shares posted gains as industrials attracted good buying interest. The Milan Bourse Index closed at 474.57, up 4.69 points from Friday's close. Brokers said trading volume was light as many investors hesitated to jump into the market until
        228 words
      • Article
        ZURICH
        451 28 SWISS SHARES closed about one per cent lower on Monday in moderate business as Wall Street's lower opening in the afternoon weighed on the market, which was already depressed by sharp losses in Tokyo and weakness on other European bourses. Unfavourable news about the Swiss economy added to negative
        451 words
      • Article
        JOHANNESBURG
        304 28 THE Johannesburg Stock Exchange computer systems went down on Monday morning and by midday technicians had not been able to isolate the problem, a spokesman for the exchange said. Indices were unavailable as a result of the computer problem. Other markets in Europe, South Africa and Canada Johannesburg June
        304 words
      • Article
        TORONTO
        343 28 A LATE UPTURN in the marke helped Toronto stocks partly recovei from losses of as much as 30 point; earlier on Monday, dealers said. "It's just some nervousness from the overseas markets," one trader said. The TSE 300 Composite Inde> closed down 10.2 points to 3,340.7. De clines led
        343 words
      • Article
        Untitled
        233 28 June 22 Close Previous NEW YORK Dow Jones 3.280 80 3.285.35 -4.55 SAP 500 403.40 403.67 -0.27 Turnover (million) 169 240.85 -71.85 LONDON Financial Times 30 1986.4 2,006.6 -20.2 FTSE 100 2,550.3 2.5848 -34.5 Turnover (million) 339.2 435.4 -96.2 FRANKFURT DAX Index 1.770.64 1,772.89 -2.25 AMSTERDAM EOE Index 304 50
        233 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes steady against yen in Tokyo
      1194 29 REPORTS ASIA "it. TOKYO: The US dollar closed slightly •lower against the mark but steady against the yen in Tokyo yesterday. Dollar/mark trading showed losses in the morning but profit-taking buying moderately pushed back the dollar. The dollar closed (at 0630 GMT) at
      1,194 words
    • Article
      INTERBANK FOREX RATES
      379 29 Cross rates June 23 USS SS MS Dm Yen SFr AS NZS uss 1.6200 2.5140 1.5620 0.5362 1.4120 1.3280 1.8349 ss 0.6173 1.5519 E .9642 78.3951 0.3310 0.8716 0.8198 1.1326 MS 0.3978 a 0.6213 50.5171 0.2133 0.5617 0.5283 0.7299 Dm 0.6402 1.0371 1.6095 81.31 0.3433 0.9040 0.8502
      379 words
    • Article
      MONEY MARKET
      534 29 Interbank rates SS Bid Offer Overnight 2 1/2 2 3/4 i-month 2 15/16 3 1/16 2-month 3 3 1/8 4,1 3-month 3 3 1/8 Overnight mode: 3 Bid Offer 7 days 3 15/16 4 1/16 1 month 3 7/8 4 2 months 3 7/8 4 3 months 3
      534 words
    • Article
      Lock icon Capital market looks set for early summer break
      443 29 IHT PARIS Having digested a record volume of new issues during the first half of this year, the international capital market appears headed for an early summer recess with reduced business as investors move to the sidelines waiting for a clearer view
      IHT  -  443 words
    • Article
      FINANCIAL FUTURES
      1415 29 S1MEX EOWOPOHAI Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 95.88 95.88 95.86 95.86 5000 3153 ***** Dec 92 95.32 95.33 95.30 95.31 5250 6522 ***** Mar 93 95.22 95.22 95.21 95.21 2000 2816 8624 Jun 93 94.82 94.82 94.80 94.81 400 517 2254 Sep 93
      1,415 words
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  • COMMODITIES
    • Article
      Lock icon M'sian cocoa output heading for new low
      387 30 Reuter KUALA LUMPUR Malaysia's cocoa production could sink to a five-year low this year, after rapid expansion in the 1980s, as a prolonged price slump forces some growers to abandon the crop. Malaysian officials forecast on Monday that production in calendar 1992 would
      Reuter  -  387 words
    • Article
      Lock icon Tin prices climbing steadily as supplies remain tight
      299 30 Reuter LONDON The continued uptrend in tin prices shows no sign of faltering. With supplies likely to be tight from August onwards, the market should soon breach US$7,OOO a tonne, traders said on Monday. Last week, London Metal Exchange (LME) three months
      Reuter  -  299 words
    • Article
      KL tin price sheds six sen on higher offerings
      781 30 REPORTS THE tin price on the Kuala Lumpur Tin Market shed six sen to close at M$ 16.60 a kg on higher offerings yesterday. Dealers said the market was in for a technical correction after the price of tin breached a
      781 words
  • Article
    PRICES
    1543 30 Rubber MRELB (teb hi ha te») (M cents/kg) Noon Ooac Int 1 RSS July 92 22I.50/223.50N 221 00/***** Int 2 RSS OP 219.50/220. SON 219 00/220 OON UK/Com 218.50/219.50N 218.00/219.00N Int 3 RSS OP 217.00/218 OON 216.50/217.50N UK/Con t 216.00/217.OON 215.50/216. SON Int 4 RSS OP 214.00/21 SOON 213.50/214.50N
    1,543 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      962 30 BUSINESS TIMES Toll tree Tet No 737 0043 'Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 GULF EAGLE INVESTMENTS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Notice is hereby given that the creditors of the above Company which is voluntarily wound up are required on
      962 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1277 31 City FUfht ETA FlfeM ETO Mjg Dbabi GA886 OOIO MlllMl Qf81 1955 QF82 2205 SQ227 2245 Imtardaai GA895 1100 SQ324 2200 KL837 1255 KL838 2240 KOmn 0A471 0055 0A472 2240 tocfciand NZ21 1820 NZ22 1940 SQ286 2030 SQ7295 2245 GA911/524 0800 ItiniT Sari BW21 1105 SQ182
    1,277 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Facelift for Pont du Gard
      482 31  -  POSTCARD FROM FRANCE SjfSjfS By Penelope Hocking-Vigie After almost 2,000 years, it's time for a facelift for the Pont du Gard, the spectacular aqueduct the Romans built in southern France. A 320 million French franc (5597.6 million) restoration programme, sponsored by the European Community and
      482 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2135 1.2300 Canadian dollar 1.3425 1.3695 NZ dollar 0.8722 0.8900 Sterling pound 3.0126 3.0535 US dollar 1.6180 1.6250 Local dollars to 100 nil its of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      122 31 Duration Title Venue Organiser Tel July 20-24 Elect rot ech NEC. E led rex Ltd. 071-*****47 Birmingham London (fax) Aug 16-19 National Chicago. USA Reed Exhibition (1)617/630Hardware Show Companies 2222 Aug 16-18 International Munich. Mode-Woche- (49) 89/5024. Fashion Fair Germany Munchcn GmbH 570 (fax) Aug 22-25 International
      122 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details We know Europe from «Urt to Finnish.
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      Page 31 Advertisements Column 2
      48 31 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 749 2577, and ask for home or office delivery service.
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      Page 31 Advertisements Column 3
      508 31 Unibank a— The Unibank Group Balance Sheet Uinbank Group Profit u at 31st December a™ Account 1991 1990 1991 1990 (DKK '000) (DKJC 000) A*** ,000 > (DKK Mr t, Interest etc. received 27,155,112 28,898,042 Cash in hand and balances at Interest etc. paid 18,863,532 20,970,343 call with central banks
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  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      205 31 1 Eric takes one step a 1 10 Deer from low area around London 13 Chimney-cleaners take a 20 Gave way when commercial vehicle went first (8) aunt to be an arts devotee 26~ season (5) I I I 1 1 I 1 1 I I I I 1 I
      205 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      160 31 Singapore Outlook: Showers over several areas in the morning. Report Maximum temperature 32.9 Assoc humidity 65% Minimum temperature.. 26.8 Assoc humidity 88% Hours of sunshine 7.80 Rainfall in mm nil Rainfall this month 147.2 Rainy days this month 13 World report Asia-Pacific Hi/Lo* Cond. Auckland 12/06 Clear Bangkok 33/26 Gear
      160 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      41 31 (sojj &RISTOW- GfeX Y UtW'S niowß HP.T POINTS BACK TO YOUR V I HesK-irs ..rSivirN i II r OIUV TEN TO ||V rmuS...J Q:tn Ji r fro m.£k) 1 J 1 pjg§rw)a NW WWTO* £>&0K0^1... 7N -rue WIPTT as*ociateo ltd 0709
      41 words
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  • Article
    Lock icon Bangkok replaces head of communications board
    421 32 Thai Cabinet's move threatens future of several major projects AFP BANGKOK Prime Minister Anand Panyarachun's Cabinet yesterday replaced the controversial head of the Communications Authority of Thailand (CAT), in a move that threatens the future of several projects. Former Bank of Thailand governor Chavalit
    AFP  -  421 words
  • Article
    Ramos promises democratic government
    410 32 Supreme Court rejects runner-up Santiago's appeal for recount MANILA President-elect Fidel Ramos promised yesterday that his government will defend "the poor and powerless" and said his election shows the world that the Philippines is committed to democracy. The 64-year-old West Point graduate was proclaimed by Congress
    410 words
  • Article
    Lock icon No clear winner expected again as Israelis goto the polls
    356 32 Reuter JERUSALEM Israelis voted in a general election yesterday that could change the direction of Middle East peace talks. Voters faced a choice between Labour party leader Yitzhak Rabin's call to trade some captured Arab territory for peace and Prime
    Reuter  -  356 words
  • Article
    Lock icon Russia, Ukraine to divide Black Sea fleet
    193 32 Reuter DAGOMYS, Russia Russian and Ukrainian leaders made early progress in a key summit yesterday, reaching an agreement on dividing up the Black Sea Fleet, one of the main disputes between the two former Soviet states. An hour of one-to-one talks between Russian
    Reuter  -  193 words
  • Article, Illustration
    Govt must act to check property speculation
    693 32  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT correspondent IN THE WAKE of the surge in demand for private flats and condominiums that started in April, some conservative types are muttering about how the government should impose
    693 words
  • Article
    Lock icon China's party central committee gives full backing to reforms
    296 32 AFP BEIJING The Chinese Communist Party's central committee has fully backed senior leader Deng Xiaoping's policy of accelerated economic reforms and opening to the outside world, Xinhua news agency said yesterday. At a meeting at committee headquarters on Saturday attended by
    AFP  -  296 words
  • Article
    Lock icon Japan sets July 26 for Upper House elections
    229 32 Reuter TOKYO Japan will go to the polls on July 26 in nationwide elections for the Upper House of Parliament, the government announced yesterday. It will be the first major electoral test for Prime Minister Kiichi Miyazawa, who took over from Toshiki
    Reuter  -  229 words
  • Article
    Lock icon Plan for last-ditch bid to save Cambodian peace pact
    241 32 Reuter TOKYO Cambodia's Supreme National Council (SNC) will meet next week to make a last-minute effort to salvage the Paris peace accord and avert sanctions against the Khmer Rouge, a French official said yesterday. French Deputy Foreign Minister Georges Kiejman told
    Reuter  -  241 words
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  • Shipping Times
    • Article, Illustration
      Fremantle sees S'pore link as vital to expansion
      422 33  -  By Rahita Elias SINGAPORE The Australian port of Fremantle's future expansion hinges on the strategic trade growth between the country and Singapore, said the gateway's general manager Kerry Sanderson. "Singapore is where a lot of Australia's trade is hubbed. So the SingaporeFremantle
      422 words
    • Article
      Lock icon Queen Mary stays afloat for now
      220 33 Reuter LOS ANGELES The Queen Mary, once a symbol of high-seas glamour but now a money-losing US tourist attraction, got a temporary reprieve on Monday when officials decided to keep it open. But the Long Beach Harbour Commission voted to close the Queen Mary's
      Reuter  -  220 words
    • Article
      Lock icon Ex-Soviets seeking to cut freight debt
      471 33 Tighter Western credit expected to lead to fall in grain imports Reuter LONDON The former Soviet Union is striving to reduce grain debts to all foreign suppliers, said the chairman of Exportkhleb, grain agent for Russia and 12 other ex-Soviet republics. "We are behind
      Reuter  -  471 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1168 33 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkicl 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 ASXCLShpg
      1,168 words
    • Article
      Lock icon Freight rates forecast to rise till end of decade
      542 33 Knight Ridder LONDON Higher freight rates and an increase in the value of multi-purpose (general cargo) ships are likely between now and the end of the century, according to a study released on Monday. UK-based Ocean Shipping Consultants Ltd said the
      Knight Ridder  -  542 words
    • Article
      Lock icon California repeals bunker tax
      181 33 Reuter SEATTLE The California state Assembly, or lower house, on Monday approved a bill to do away with an 8.25 per cent sales tax on bunkers purchased in California. The measure next will go to the state Senate for approval. "People up here are beginning to
      Reuter  -  181 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        China to invest in air fleet maintenance
        134 34 BEIJING China will invest about US$2lB million in maintenance equipment for its air fleet to reduce its dependence on foreign servicing, the China Daily said yesterday. Over the next three years, the Chinese government wants to modernise the Beijing Aircraft Maintenance Centre, a
        134 words
      • Article
        HK cargo firm ups growth forecast
        136 34 HONGKONG Hongkong Air Cargo Terminals Ltd yesterday revised its forecast for cargo growth this year to 9.6 per cent from 8 per cent. A spokesman for HACTL, Hongkong s only terminal operator at Kai Tak Airport, said the increased estimate followed an 11.2 per
        136 words
      • Article
        US airlines settle price-fixing suit
        96 34 4.TLANTA The four largest US airlines said on Monday tjiey would pay USss4l2.s million in cash and ticket vouchers to settle a lawsuit charging they conspired to fix prices. Delta Air Lines, American Airlines, United Airlines and USAir will pay USss44 million in cash and
        96 words
      • Article
        Plane makes emergency landing
        77 34 TIOKYO An American Airlines plane with 139 people ijboard, forced to tyrn back to Tokyo's Narita airport late on Monday with engine trouble, was to take off again for Boston yesterday after undergoing repairs, an airport spokesman $aid. Several hours after the MD-11 jet left Narita
        77 words
      • Article
        Brazilian cargo plane crashes
        62 34 (IRUZEIRO DO SUL, Brazil A Brazilian Boeing 737-200 equipment crashed in the Amazon on Monday, killing all three people on board,""officials said here. The jet operated by the VASP company was eirroute from Rio Branco to Cruzeiro do Sul, in the state o(T Acre, when it
        62 words
      • Article
        AT&T introduces videophone
        40 34 NEW YORK AT&T said it introduced a secure video telephone based on its Secure Video Docking Unit which contains a compact video camera and monitor. The company said production of the docking unit will begin in July.
        40 words
    • Article, Illustration
      Lock icon Sohmen lashes out at industry
      1464 34 The chairman of World-Wide Shipping Agencies points out the huge gap between the standards that tanker owners nave to pay for and the derisory income they often make. And he takes the shipping industry to task for not doing anything about it Lloyd's Maritime Asia
      Lloyd's Maritime Asia  -  1,464 words
    • Article
      Lock icon Getting rid of old hulks
      571 34 Lloyd's Maritime Asia ONE chilling piece of advice from WorldWide's Helmut Sohmcn is to start contemplating just what to do if the bottlenecks to scrapping VLCCs turn out to be just too great. What alternative use might there be for old tanker hulks that gets
      Lloyd's Maritime Asia  -  571 words
    • Article
      THE SHIPPING GUIDE
      13452 42 I his is a list of ships loading Aqab at Singapore lot ports around the world. It tabulates, by destination, the name of the N «i ship, the shipping line involved and the estimated Ned dates of arrival and departure from the Port of Singapore. z, m
      13,452 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        583 49 No Berth Arrival Departure Marina Terminal 1 Batam Baru B157 M04 alongside 2306/2300 Batam Murm *****2 M02 alongside 2306 2300 Bfastagi 4/92 M02 alongside 2306/2300 Btm Bahagia *****2 M03 alongside 23 06/2300 Chang A* 9201 M01 alongside 24 06/1500 Ga,uda G55 M05 alongside 2406/2300 UngMas 35 M03
        583 words
      • Article
        IN MALAYSIAN PORTS
        162 49 Penang Port On the way: Eng Huat Hock. Bangtai, Bunga Kekwa, Jambongan, Marigoula. Chem Noon. Hock Huat. Bunga Kiara, Transbulk, Matsumi Maru No 7, Nanshin. Chung Bong. Bosco II. Minerva, Alam Tenteram, Kc 1000, Kapitan Kudhev, Trans Trader, Jintan Putih, Liao Cheng. Gotha. Due on Juie 23:
        162 words
      • Article
        CONTAINER SCHEDULE
        1394 49 EHE ,111 i' <1 CONTAINERS IN PROGRESS 9* Voy No Containers avaiabte 9* Voy No Cont alters vaiable Kap Smirnov 11-92W 2206.92 0030 Enno B 73N COO(EST) 2306.92 0700 H| Cheiu 083E 22.06 92 0720 Deknas Join 5E COO(EST) *****2 0700 Han Bhum 52S 22.06.92 0815 D Sentosa
        1,394 words
    • Article
      TRANSPORT DIARY
      1052 50 15-16: Asia-Pacific Digital Cellular Mobile Communications. organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970 or fax: 733-5087. Oct 5 6: Conference on Quality Control in Asian Shipping. organised by IBC Technical Services Limited at the
      1,052 words
    • Article
      DAILY FREIGHTS
      643 50 DRY CARGO freight rates fell in a slow market with plentiful tonnage as two US Gulf/Japan grain cargoes were fixed at slightly lower rates, brokers said on Monday. The Baltic Freight Index (BH) slid eight points to 1.144. A panamax to Japan was fixed at US$l9 and another
      643 words
    • Article
      WEEKLY FREIGHTS
      312 50 SHIPPING rates rose slightly in the ccrcal sector last week, owing mainly to good demand from South Africa, but other sectors remained depressed. The Baltic Freight Index (BFI) lost 20 points to 1,152 points. Panamax ccrcal carriers (50,000 to 70,000 tonnes) or smaller reached the best rates, but
      312 words
    • Article, Illustration
      Lock icon US govt urges Congress to act in case of rail strike
      446 52 Labour disputes may halt one-third of freight traffic Reuter WASHINGTON US Transportation Secretary Andrew Card said a nationwide railroad strike would threaten the country's fragile economic recovery and should be stopped by Congress under current rail labour law. In
      Reuter  -  446 words
    • Article
      Lock icon BMW is South Carolina's latest conquest
      322 52 NYT sJ>artanburg, South v v C3r6fc na In choosing to first US production plaitf v ip South Carolina, the Gerrtian automaker BMW is folßWrjg a path, taken by a numbap of propiinent European manufacturers. The o s¥ate, nas courted insince the 196<?!*, when officials
      NYT  -  322 words
    • Article
      Lock icon Boeing, Airbus vying for order from United
      368 52 Reuter SEATTLE Boeing Inc and Airbus Industrie said on Monday they were in talks with United Airlines over an order for airliners reported to be worth up to US$2.4 billion (553.9 billion). Analysts say the bidding war reflects the continuing economic woes of
      Reuter  -  368 words
    • Article
      Lock icon JAL may cut Tokyo-Delhi route to reduce losses
      447 52 NYT TOKYO After suffering multibillion-yen losses last fiscal year, Japan Airlines (JAL) is considering suspending regular flights between Tokyo and Delhi via Hongkong, sources within JAL said on Monday. The sources also said JAL is considering replacing the Tokyo to Atlanta via
      NYT  -  447 words
    • Article, Illustration
      Lock icon United Parcel Service delivering on global expansion plans
      763 52 Since 1988, its network has grown from 6 countries to 182 AP ATLANTA United Parcel Service Inc is delivering on plans to make its brown trucks and planes as familiar worldwide as at home in the US. Since beginning a global expansion
      AP  -  763 words
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      Page 33 Advertisements Column 1
      27 33 LJms ik MrvkM re#res#eted Mirtwt «f Mm itgtitij «f towiM (iNfSm* SMmlm Orati i— HtWttfl Sfcfe- t'-ivA plug Aininitiow For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 33 Advertisements Column 2
      189 33 INDONESIAN STEVEDORE AND PORT SERVICES For aH Indonesian main ports including outports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can a/range transfer to any worldwide locations CALL HOTLINE:EST iSSX jl'Swi*'' "%&*t~ y"" •> >7* I•Iv* ?P #*«-C kit. I I r iVF.. .sPfw «vs
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      Page 33 Advertisements Column 3
      30 33 CootaMw Schedule i 17 Daly Fraghts I 18 Indet 1 Stopping Giade 10,11 Slips in Port 17 Singapore Tides 17 Transport Oary 18 Weather and Sea Conditions 17 Weekly 18
      30 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      87 34 FOR SUCCESSFUL MANAGEMENT OF YOURBUi^NESS 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
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      Page 35 Advertisements Column 1
      3748 35 m OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *l|ff# TEL: *****11 FAX: *****09 Alllff BOOKINGS TEL: *****34 *****58 BmTTß^i TERMINAL/CFS TEL: *****18 220 P ******1 PESAKA JARDINE SHIPPING AGENCIES BDN. BHD. L %W# J a a PORT KELANG TEL: *****18 FAX: *****91 *****88 LlllH AIIT hAU/ —T~~ PENANG TEL: *****4
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      1421 35 ■BlffiiEMTi 2 SAILINGS TO NEW YORK ALVA MAERSK V 9202 ETA Singapore 29/6/92 ETA New York 30/7/92 (VIA ROTTERDAM) MAJESTIC MAERSK V 9206 ETA Singapore 30/6/92 ETA New York 2/8/92 Vassal Voy ETA ETD Feeder by DESTINATIONS Leerort Ana* Thw week Maiesnc Maersk 9206 30 6 0800 HPS Port CFS
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      1502 36 roam/ VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE |Hm2MJL3- KAMAKURA 23/125 25/6 4/7 18/7 14/7 13/7 \Mi KHKMN) KAQA 24/325 28/6 15/7 17/7 20/7 21/7 fOMI KUANQ ft PtNANC TOKIO EXPRESS 06/126 2/7 11/7 25/7 21/7 20/7 CMNO It) W/CONTVCNT LEVERKUSEN EXPRESS 07/326 5/7 22/7 24/7 27/7
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      Page 36 Advertisements Column 2
      559 36 I EXPRESS TO PAPUA NEW GUINEA I SPORE ALAM TALANG Vl* 01/07 POM/HON/NORO/RAB/ KMM/LAE/WWK CHCFOO VOS 2V07 POM/HON/NORO/RAB LAC/MAO ALAM TALANG V 2* 12/06 POM/HON/NORO/RAB KMM/LAE/WWK (LCL B/BULK) T/S: ALOTAU ORO6AY. KAVKNG ACCEPTMG LCL FOR MAM PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR
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      Page 36 Advertisements Column 3
      1699 36 rawiwa urn REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE WL/VOT SM *IG BCI HAM BRE ROT ANT Fa LHA (¥IA (MA (VIA AIG) HAM) ROT) NORASIA SUSAN 9217-3 2S/06 19/07 21/07 23/07 24/07 25/07 26/07 26/07 27/07 NORASIA SHARJAH 9218 3 04/07 26/07 28/07 30/07 31/07 02/08 03/00 03/08
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      Page 37 Advertisements Column 1
      2231 37 W W STRAITS SHIPPING PTE LTD MMf Zjm Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SPOBt B'KOK STRAITS Sl«t VO9E Mu»i. lib. KK 24 km 25 km 26 Mm MAR JON VOIIN 2S 29 lUNI STRAITS HOtt VOtt Skan. Taw In Pt 27 km KOTA
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      Page 37 Advertisements Column 2
      2828 37 ■jkX SINGAPORE AGENT: PJvfl I AntQIHAI*C p& 0 Containers (Singapore Agencies) Pte Ltd VT' X a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS SINGAPORE 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 W" CR Number: **********0Z EXPORT IMPORT VESSEL VO* pPNG -PUG SM ALG SOU ANT
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      645 38 SB CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL VOY SPORE ROM) U)AM H'RJRG BREMEN ANTWERP ETA D MATUAM 32W8 17—21/7 M,« 25/1 JO,« 4/9 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|*ct to Inducamcnt. Also sccvpting cargo to Casablanca, Port Said, Port Alexandria, Genoa, Trieste. ALSO ACCEPTING CONVENTIONAL
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      Page 38 Advertisements Column 2
      1565 38 HANJIN SHIPPING rnt VSI 5 Iff HAUL LGB OAK fl* VSI 5 |UK HAUL SA» IM nyc HANJM HONG KONG 0341 ?8 6 OMCT 19 22 HANM KNAHGfANG 0901 29 6 EUMft 0021 S 7/1 9/1 HANJIN SINGAPORE 006€ S'7 OWCCT 26/ 29,/ HANJM KUNSAN 07tt 6/ H SEATTLE 024
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      Page 38 Advertisements Column 3
      1258 38 MgpM iU I j I M I mi s® ksg wg rig rus *i o» kt siu iro lai cm bai n»c ihv mm nut it* hbg rso cmb rui I ■i un itm in pi nt 1/1 ui 6/7 1/7 9/7 107 u/7 12/7 u 1 111 70 1
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      1568 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****00 TERMINAL OFFICE *****22 mm mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE *****00 EXPORT CFS F9 *****53/*****50 aust/india/pak service *****00 NEPLINE SDN BHD MALAYSIA K.L -(03) *****33.
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      Page 39 Advertisements Column 2
      575 39 YOUR RELIABLE FREIGHT FORWARDER laf V fill CUSTOMER SERVICE: 222 0717 FAX: 222 7968 mm MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 30/06 Kaohsiung ETD 26/06 Pt Kelang ETD 26/06 Busan/Hong Kong ETD 29/06 Bangkok ETD 28/06 Japan ETD 28/06 Jakarta ETD 28/06 Madras ETD 26/06 Manila ETD
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      Page 39 Advertisements Column 3
      1149 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUIC DtSCHAJtOWC WESTBOUND—LP ADWG TWAHSHPPED VIA ROTTERDAM BBi 181I
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      Page 40 Advertisements Column 1
      1642 40 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W W7* TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/o^9 W M H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD M m JL JL JL# TEL: SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T.
      1,642 words
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      Page 40 Advertisements Column 2
      853 40 PHIU-ORKNT UN€S PTC LTD V* 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00 Telex: R*****0 FAX: *****76 *****38 Gftb BY AIR, LAND OR SEA.... *2^ 3©V WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCULCL SERVICE 30 JUN
      853 words
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      Page 40 Advertisements Column 3
      307 40 I GOLDEN LINE \CCi J> guan guan shipping UXv<\ (PTE) LTD 1 23. TtM »r« Street SRGAPOKI 0104 Til 5343*1 (10 UHES) Fa: *****04 (01 No 1012******011) STRAITS/PERSIAN CULT SERVICE Spore P Kelang Penang GOLDEN KM Karachi Dubai Oarnmam In Port GOIOEN STAII Karachi Ouhai Danwuam I 10 U CHINA
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      Page 41 Advertisements Column 1
      2471 41 ssssssmmam pacific international lines <pte> ltd win in— IKm m Jfev 140 Cecil street #03-00 ?IL Building. Singapore 0106. Tel: *****33 r.H nn *****670Q00E [JAKARTA [BANGKOK T Wr\ VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN KOTA INOAH 261 28/6 30/6 5/7 ESTEBRUGGE 15N 26/6 29/6 3/7 BUNQA
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      Page 41 Advertisements Column 2
      677 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUOANG PENANG P KELANG OCEAN VSL/VOY SIN SOU <1> RTM (2) HAM (3) GOT (4) 26/6 26/6 27/6 SELANDtA 2252 30/6 17/7 19/7 20/7 22/7 E 177 3A7 477 BENALDER 2262 7/7 2477 2677 27/7 2977 D io/7 i 077 n77
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      Page 41 Advertisements Column 3
      170 41 Accepting LCL and contMnariMd cargo** Dir*cl to South Africa S'por* Durban P Eliz C Town Full Contatwar S*rric* OSAKA MARU 6964F 29/6 11/7 13/7 15/7 HAKATA 9227F 8/7 20/7 22/7 24/7 ORANJE 7004F 17/7 29/7 31/7 2/8 HAYAKAWA MARU 7163F 26/7 7/8 9/8 11/8 VAAL 7261F 5/8 17/8 19/8 21/8
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      Page 41 Advertisements Column 4
      291 41 NIGERIAN NATIONAL I*% SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN V.52 SINGAPORE 16 Jul ETA Lagos 9 Aug Port Harcourt 11 Aug Calabar 15 Aug ACCEPTING B/BULK AND CONTAINERS v»'. KAWASAKI KINK At KISEN KAISHA. LTD. JAPAN/ HONG KON6 STRAITS Sport PSudjnj P KetWf Pwunj OCtMW QUE* Vtl K/t a/f
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      Page 44 Advertisements Column 1
      2765 44 I mII Container Liner Services Malaysia's Agents: Indonesia's Agents: j Guan Guan Shipping Sdn Bltd Chung Chiao Shipping Sdn Bhd p. J. Global Putra Indonesia maritime General Agents: Booking Agents: w Ptnmnn Ra/a Muda Musj 29 aMm k o *i h,i» Ji*h Juandmi/n Costar Shipping Pte Ltd Shipping Freight Booking
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      Page 44 Advertisements Column 2
      357 44 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 Ta»ax: R*****0 T«4: *****81-3 Fax: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 928 IN PT 27/06 (SUN) DERAJAT 907 25/06 (THU) 28/06 (SUN) LAWANTI 967 29/06
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      Page 45 Advertisements Column 1
      519 45 (ft FAMOUS CONTAINER LINES 47#— 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 28/6 ROTTERDAM 28/6 HAIFA/ASHDOD/ALEXANDRIA2B/6 HAMBURG/BREMEN 28/6 MARSEILLE/FRANCE 28/6 FEUXSTOWE/UK 28/6 BARCELONA/SPAIN 28/6 TEHAVRE/ANTWERP 28/6 GENOA/ITALY 28/6 28/6 LOS ANGELES/WC/IPI 28/6 SYDNEY/MELBOURNE 31/6 NEW YORK/EC 28/6 FREMANTLE 29/6 VANCOUVER 28/6 BRISBANE/ADELAIDE
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      Page 45 Advertisements Column 2
      871 45 (f£l RICHFIELD MARINE AGENCIES (S) PTE LTD ffl TEL: *****33 (12 Lln««) BFAX: *****15/*****03 TELEX: RS ***** RI3HIP (3 Line*) |l ETHIOPIAN SHIPPING LINES r~ (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA lOADING FOB SPORE ABYOT /9WB 0« 08 OAHESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANt I
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      Page 45 Advertisements Column 3
      526 45 JAKARTA BANGKOK W M JKt jgga |w» IWMIOMI —WM I HANA BHIM* 06SB tart 27/06 MAHA BHUM* 113W Wed In M Sun 21/0t WWW am UTS 27/06 30 06 lARU BHUM 30M Fn 26/06 Hon 29/06 JHANA mm 07SB 04/07 07/07 n*WT> BHUM 95W Sun 21/06 Wed 01/07 SEMARANG/SURABAYA PIYABHUM*##
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      Page 45 Advertisements Column 4
      332 45 H-TtC6R-irt_ j VSL VOY SMGAPOfIE MADRAS SM4GAPORE—' 2 kssu nor V* s» TOD STAR 21R H rail 02 03*f IT K IEER SPEED 210N 27 71/K M-0(/07 *l'lgl) TKER CIWH 22N 0142/07 09-10/07 fVTttL > ton BMW 21 IN 04-«5/«7 11 13/07 y VSL VOY gi ~*ssti VOT i'jJt riK
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      Page 46 Advertisements Column 1
      1959 46 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LTT SIN AUST STAR V 0522 IN PT 5/7 7/7 24/7 PROSPECT 19S 7/7 H/7 21/7 7/8 N Z STAR V 0524 17/7 29/7 31/7 17/S FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL
      1,959 words
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      Page 46 Advertisements Column 2
      1120 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOY l ETA IotST VESSEL VOY SPORE P. KEW»C~
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      Page 47 Advertisements Column 1
      831 47 COMPANIA PERUANA nEK! DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, HO* 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. MOJI, TOKYO*, MANILA*. OAVAO*. Penant* P. Kelanj Smfapoce
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      Page 47 Advertisements Column 2
      551 47 czj zim revi ■■I Container Service UmhJ N.AMERICA/CARRIBEAN SERVICES <tssa |vor |sw |M*iitiw» |vo" I la» I wsr s»» wrc |n» Accephnf c«|o to USA Wind Deiliutiom C»u4j Vtmniflj fun to he* Ijrrmcj Birbidos (indid. Meuco. Pjrumi Mm Kctptoif 40 RF to Honfkonf l*» aid Upjn AUSTRALIA SERVICES kcipini mp
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      Page 47 Advertisements Column 3
      644 47 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL LHJ6AI DAMMAN SHARIAH. DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IfOOAH FAR EAST ACCEPTING FCL/LCL PtNAN(. P HUANG lAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL lONOON FELIXSTOWE LEEDS TUBORY ABLROtEN LE HARVf HAMBURG ROTTLROAM. ANTWEP GOIHtNBURG COPENHAGEN All
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      Page 47 Advertisements Column 4
      474 47 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPE2IA VSL FREITAL ETA SIW 2 JUL TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKING LUCKY TRANSPORT t FREIGHT
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      Page 47 Advertisements Column 5
      442 47 SHI FUR EAST 29/6 KEELUNG, KAOHSIUNG 29/6 BANGKOK 26/6 MANILA/CEBU 28/6 JAKARTA/BELAWAN/SURABAYA 28/6 PORT KELANG/PENANG/E Malaysia 29/6 BUSAN 28/6 TOKYO/YOKO/KOBE NGO/OSA 26/6 HONG KONG SIN CHINA 26/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU, XIAMEN SHANTOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 27/6 LDN/FLX/LVP/SOU 27/6 RDM HAM ANT/LE HAVRE/GENOA/OSLO also accepting
      442 words
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      Page 48 Advertisements Column 1
      833 48 cit FIL CONTAINER SERVICES PTE LTD r/L MADRAS CALCUTTA VSI SIN/MADRAS VSL SIN/CALCUTTA SM MAC SM SM CM. SM NUT MIABU 2« 25/06 02 03/07 OS 09/07 NUT MNUBU 2*25/04 01 05/07 II 12/07 27 21/06 04 06/07 11-12/07 2« »/06 05 09/07 15-16/07 01 02/07 09 10/07 15-16/07 05
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      Page 48 Advertisements Column 2
      477 48 tsonterm/ CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION YOUR FIRST CHOICE TO:— AUCKLAND 7 JULY ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 28 JUNE JAKARTA 1 JULY PENANG 29 JUNE PORT KELANG 29 JUNE FREMANTLE 28 JUNE MELBOURNE 29 JUNE SYDNEY 29JUNE FELIXSTOWE 28 JUNE HAMBURG 28 JUNE
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      Page 48 Advertisements Column 3
      517 48 This Week's Sailings I To* ETD y ETD Singapore Singapore Bangkok 28/06/92 27/06/92 tffgT, Manila 26/06/92 (Onforwarding To Mid Wat/ 28/06/92 VZT Colombo 28/06/92 Of'uiA?' e E? £k Tel: Fax: c«ihr>n»«/ M ffll Singapore 778 6522 779 2738 Y lar r l 07-*****8 07-*****3 Alfred Ng Jakarta 021-*****40 021-*****01 Troy
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      Page 48 Advertisements Column 4
      440 48 FCL/LCL SERVICES MANILA ETA VIGOUR SUGAPORE 29N8 26/6 SHEW CAI 2N6 3/7 BANGKOK 27/6 4/7 BUSAN 29 6 6/7 HONGKONG 24/6 26/6 USA 29/6 6/7 PT LOW) DURBAN 2110/7 KEELUNG 29/6 6/7 PT KELANG 26/6 30/6 OSAKA 24/6 1/7 PIRAEUS 28/6 7/7 KOBE 28/6 5/7 JAKARTA 26/6 30/6 DUBAI 25/6
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      16 49 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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      292 49 vQc vO c vQc vCZ>c vQc Oc <Dc U VAN OMMEREN CETECO GROUP U" TRANSPORT DIVISION > V VOTAINER CONSOLIDATION-SERVICES: H THE ONLY CONSOUDATQR WITH WORLDWIDE NETWORK V J WeeWy FCIACL Services To/from I J V USA EUROPE FAR EAST > Batlmore: Votainer Consolidation Services ~j: HanCurg: Van Ommeren Hamburg
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      440 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 *****600 *****800 0900 1000 *****200 1300 1400 *****600 **********00 ***************0 12 14 18 2.1 22 2.2 20 1.7 14 1.l 10 09 09 1.1 1.4 18 2.1 2.2 23 21 19 1.6 13 1.2 PP 1
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      Page 50 Advertisements Column 1
      376 50 LJIM ATE FREIGHT SERVICES al ports USA Seattle, Portland, SFO, LA. Htm Yori NZ al ports and al H Points HK gg IB indMfini China CANADA —Canary, Edmonton, Montrea, Now frwswicfc, RiN£tfnid§£* 29r ir L ir nr tM# Ottawa, SnkattN, Taronts, Vaactuver, PiuwnvMrk <jflE ■CKHf Laos Mn MAURITItsJk fP Fflrt
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      Page 50 Advertisements Column 2
      359 50 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.Q LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: OING RONG 12/07 Guangzhou/Huangpu COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please reter above mentioned services
      359 words
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      Page 50 Advertisements Column 3
      356 50 djnv J tA ino 11 »7-V BEIJING CHANGCHUN CHANGSHA^*(|f^CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU ~rp h QORGOFLQ /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 h> Wijk LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anton Road, #14-19/21 International Plaza, Singapore 0207. Tel:
      356 words
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      Page 50 Advertisements Column 4
      153 50 KWONG LUNG SHIPPING Lk<- PTE LTD yrccn VOY ETA ETD DESTINATION MV LUCONIA" 8/92 4/7 5/7 BINTULU, MIRI, KBELAIT MV 'THAI YANG 9/92 2/7 3/7 PENANG PKELANG MV LUCONIA NOT 7/92 29/6 30/6 BINTULU. MM. KBELAIT M V "THAI HONO l" 6/92 27/6 28/6 P KELANG KCENWG CWGOIS M MAMW
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      Page 51 Advertisements Column 1
      1164 51 A HYUNDAI MERCHANT MARINE CO. LTD. •VIA FEEDER PACIFIC SOUTH-WEST SERVICE PWA* PKE* PGP* SW* ~TO US* VOY KAO LBH OAK DAL/HOU CHI SLU NYC 23/06 17/06 19/06 26/06 H. COMMANDER 35£ 03/07 20/07 23/07 23/07 24/07 24/07 26/07 30/06 24/06 26/06 03/07 H. PIONEER 50C 10/07 27/07 30/07 30/07
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      Page 51 Advertisements Column 2
      415 51 T77M7mmC^nWrfMW9SVn7TSTW! l t\ STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS INBOUND VESSELS VtSSU *0T V N HOC M Ml HO MOO* 27 SID Mil 27/0 0110 OllU 13 25/0 Sim MCOTI 70 20/0 20/0 KMC M 000 24 M/ 0 1/7 20/0 COSNK mstfl 10 1/7 Dill* Ml*
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      Page 51 Advertisements Column 3
      855 51 JEDDAH/UK/CONTINENT [stSTIto S'KM HWRG IVAN LLM •Mm Ikcata C»m fm I*Sm^!/1» /IR n/t 4/7 14/7 im lln «,i f*"" 4 1 to 4 Antwerp limtcrdan o*. Mn« inJm (Mm ik/ix tn ii/ 7 nn SwUuwptaa U4W<mi»l« MnirtM* TUKIO UPttSS V.OS/lct 2/i 11/7 25/ 7 21/7 20/7 Rotterdam to M Antwem
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      Page 52 Advertisements Column 1
      66 52 Every Saturday in Business Times >111 h ■Ullii yr.ftnh'i v> f rrII —j w Eyaajtive Housekeeper -this hotel} O I wants is me. But I'll never neglect L house, y Any job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New
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      61 52 INVESTMENT Every Saturday in Business Times Foreign Shipowners of 2 general cargo vessels of 1990 and 1991 built (GRT 6558) seek joint venture partners for joint ownership and operation of vessels. Interested party may contact the Shipowners care of Mr Sin Lye Kuen of M/S Drew Napier at 539 6672.
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