The Business Times, 17 July 1992

Microfilm: NL18221
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES MITA (P) 35/12/91 Friday, July 17, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*
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  • NEWS SUMMARY
    • Article
      US housing starts and claims for benefits down
      77 1 WASHINGTON US housing starts fell 3.2 per cent in June, the US Commerce Department said yesterday. It was the second fall in three months, and followed a sharp 11.0 per cent rise in May. Meanwhile, the number of Americans filing claims for
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    • Article
      Sharma voted Indian president
      31 1 NEW DELHI Vice-Presi-dent Shankar Dayal Sharma, a seasoned politician and scholar, easily won an clcction yesterday to bccomc the ninth president of India, officials declared in Parliament.
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    • Article
      All about splits
      20 1 STOCKS that are split will not lose their intrinsic value, says Nobel Laureate Franco Modigliani Page 2
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    • Article
      PM Goh on EC
      40 1 SO LONG as Europe does not become too inward-looking or parochial, the trend towards a more unified European Community is comfortable. Prime Minister Goh Chok Tong said in an interview with a French journal Page 2
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    • Article
      Hottest Viet openings
      26 1 OFFICE development and hotel and tourism ventures have the greatest investment potential in Vietnam, says international property services company Colliers Jardine. Page 8
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    • Article
      Military chief rapped
      22 1 THAILAND'S interim government yesterday criticised armed forces chief Kaset Rojananil for talking of a possible future coup Page 8
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    • Article
      BOJ sticking to policy
      31 1 THE Bank of Japan does not plan to change its monetary policy significantly, say officials. but it will monitor corporate earnings and employment trends closely. Page 11
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    • Article
      Buy more, Tokyo urged
      36 1 AN international board has urged that Japan's government buy more foreign goods and make wider use of tax breaks to encourage imports to help reduce the nation's huge trade surpluses Page 11
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    • Article
      Maju expansion
      39 1 FOUR months after coming under the Maju Group of Malaysia. Maju Boustead Shipping has embarked on an expansion drive ahead of major principal Hyundai Shipping's launch of a Far East-Europe service next month. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow steady
      55 1 WALL STREET was mixed in early trading yesterday as traders kept a wary eye on corporate earnings reports for the second quarter. The Dow Jones average of 30 industrials slipped 7.30 points in the first half hour but then turned higher to register 3,345.42, unchanged from Wednesday's close,
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    • Article
      Footsie higher
      29 1 LONDON share prices were higher at midday yesterday. With 210.8 million shares traded at 1119 GMT, the broad-based FTSE 100-Share Index had risen 20.1 points to 2506.5.
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    • Article
      Ipco looks abroad
      19 1 HOME-GROWN engineering firm Ipco is eyeing various me-ga-contracts in Asia, Africa and South America. Page 3
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    • Article
      New Seel centre
      36 1 SINGAPORE Electronic Engineering Ltd (Seel), which has just set up a computerised equipment testing centre for the Ministry of Defence, wants to set up its own facility to offer the service commercialIv Pa«e3
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    • Article
      EIE sells properties
      32 1 EIE INTERNATIONAL, the largest single Japanese investor in Australia, is selling its properties at one of the country's most prestigious developments at a 50 per cent discount P>ge 4
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    • Article, Illustration
      STOCK INDICES
      32 1 Thursday Change BT-MGA 708.56 -7.96 Kuala Lumpur 611. 7 4 -0 62 Tokvo 16.987.66 +129.26 Hongkong 6,162.53 +37.07 Sydney 1,639.2 +2.5 Wednesday Change New York .........3.345.42 -12.97 London 1,896.2 -1.2
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    • Article
      CURRENCIES
      21 1 Exchange rates USS ss >-6105 100 Yen SS 1.2889 VIS SS 0.6446 Money market rates Overnight 3-1/4 3-month 2-3/8% +1/8
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS353.15 +USS2.20 t->- Kuooef S'pore Aug unav '/kg M'sia Aug unav «/kg KL Tin Turnover 50 tonnes 8 Spot MS 17.01/kg -0.40 Crude palm oil Turnover 1.200lots -109 Aug MS867 /tonne -11
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  • Article
    Bundesbank shocks with 3/4-point hike in rates
    542 1  -  Move likely to affect prospects for global economic recovery By Amy Balan SINGAPORE Prospects for any quick recovery in the recession-hit European economics and in the US were dimmed yesterday by an unexpectedly sharp hike in German interest rates. The 3/4-point hike in
    542 words
  • Article
    Cess on Viet goods may be scrapped with trade pact
    443 1  -  By Harish Mehta and Schutz Lee SINGAPORE A cess on goods imported from Vietnam is expected to be abolished soon with the signing of a trade agreement between the Singapore and Vietnamese governments. The import cess, which ranges from 0.2
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  • Article
    Lee named adviser to JP Morgan
    222 1 SINGAPORE Senior Minister Lee Kuan Yew has, together with former British Foreign Secretary Geoffrey Howe, been appointed to a high-powered international advisory council of J P Morgan, the US-based banking company announced yesterday in New York. The international council, chaired by former US Secretary
    222 words
  • Article, Illustration
    20 S'pore firms show interest in buying Aussie CD maker
    303 1  -  By Jennifer Lien SINGAPORE About 20 Singapore companies have expressed an interest in buying Australia's only compact disc manufacturer, Disctronics Manufacturing Pty Ltd, said to be worth about AS60 million (S$72 million). A spokesman for the receiver and manager of
    303 words
  • Article, Illustration
    Clinton officially nominated
    59 1 NEW YORK BUI Clinton (above) swept to the Democratic presidential nomination on Wednesday night and took the helm of a party hungry to end Republican control of the White House. And even before the Arkansas governor was nominated, new opinion polls said Mr Clinton had made startling
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  • Article
    Boost for banks: HDB may speed up sale of shops
    377 1  -  By Lee Han Shih SINGAPORE Cash-flush banks in Singapore can expect a big boost to their lending business following a decision by the Housing and Development Board (HDB) to consider speeding up its massive shop-sale programme. Estimates suggest that the
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  • Article
    92pc so far opt to buy Housing Board shops
    208 1  -  By Hong Lee Tiam SINGAPORE Two hundred and ninety-one tenants have opted to buy their HDB shops while 18 have sought more time to make a decision. That makes it a 92.4 per cent acccptance rate so far for the first
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      116 1 BB Aircraft Schedule 29 KLSt 21 Unit Trusts 20 Commodities 28 Money Changer Rates 29 Weather 29 Company News 3 5 Money Marie* 2/ World News Crypt* Crossword 29 Regional News 8 World Stock Markets 26 Editorial 12 Regional Stock Markets 25 Fmancial News 6 SES 18 20 Futures Options
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      Page 1 Advertisements Column 2
      42 1 Sole Aoeai WONG 6&OTHEKS SHOE TEL: 2633 643 The Bottom Line, Back Page Hock Lock Siew: Extended hours not meant to solve market woes, Pg 3 ST index loses 18 points in thin trading, Pg 18 Well ahead of Bush, Back Page
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        MSD Consultants in Pakistani venture
        87 2 PRIMED TO go international, government-owned management consultancy MSD Consultants has added Pakistan's Quaid-E-Azam International Airport to its growing list of overseas contracts. The Temasek Holdings subsidiary is, in a joint venture with Indeco Engineers, engaged in an airport management project for the new Jinnah terminal,
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      • Article
        Sembawang operations not disrupted
        87 2 SEMBAWANG Shipyard's performance will not be affected by last Sunday's chemical tanker fire, said managing director Tan Mong Seng in a statement to the Stock Exchange of Singapore yesterday. The shipyard's operations arc proceeding as normal and it continues to operate at full capacity, he added.
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      • Article
        CIDB to launch course
        66 2 THE Construction Industry Development Board and Singa- pore Contractors Association Ltd will launch a specialised supervisory training course on the coordination of mechanical and electrical service installation in buildings. Lee Yiok Seng, Senior Parliamentary Secretary (National Development) said the course will be launched early next year.
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      • Article
        New commissioner of SCDF
        62 2 LTC JAMES TAN Chan Seng has been appointed Commissioner of the Singapore Civil Defence Force. The current Commissioner SCDF, Chng Teow Hua, will assume a senior staff posting at the Ministry of Home Affairs. Mr Tan is on secondment from the Singapore Armed Forces where he
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    • Article, Illustration
      Stock split won't change value of shares
      434 2  -  Nobel Laureate Franco Modigliani shares his and global issues Exception is when move signals future action, like higher Reports Dy Salil Tripathi SINGAPORE Splitting stocks makes no difference to their intrinsic value, said Nobel Laureate Franco Modigliani. A bonus issue or stock split
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    • Article
      Singapore sayings rate excessive, wages could be raised
      552 2 [■SINGAPORE This year's */£ce Kuan Yew distinguished VViSStor Franco Modigliani public programmes in >6jngapore are "pushed too L*. "Your savings rate is exi/bcssive; it should be possible reduce savings and infcrease domestic absorption Ofcxnigh higher wages," he FsMud in an interview with
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    • Article, Illustration
      United Europe must not be too inward-looking: Goh
      432 2  -  By Anna Teo SINGAPORE So long as lEurope does not become too tinward-looking or parochial, the trend towards a more Unified European Community is comfortable, Prime JHinister Goh Chok Tong jAitd in a wide-ranging written interview with a French trend towards greater
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      Page 2 Advertisements Column 1
      223 2 Fly Emirates. J Europe East :*.^9 W Awl jtwi |^H Subcontinent jg SINGAPORE TO ROME THREE TIMES A WEEKii 3SPI ■*Ji delighted to announce our latest route to more space to stretch out aorfto .\l# a city which personifies such style. During your flight, you'lii H i Where else but
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  • COMPANY NEWS 1
    • Article
      Ipco eyes mega-contracts in the region
      506 3  -  Public listing being considered: managing director By Genevieve Cua SINGAPORE Homegrown engineering firm Ipco has set its sights on US$3OO million (Ss4Bo million) to US$4OO million worth of new infrastructure projects in Asia, Africa and South America. If successful, the jobs will compel the
      506 words
    • Article
      Lock icon Golden Hope ties up with US firm to make rubber material
      280 3 AFP KUALA LUMPUR A US-based firm signed pacts yesterday with a Malaysian conglomerate to jointly set up a manufacturing facility here and a marketing centre in Singapore for a highly specialised rubber material. Advanced Elastomer Systems (AES) of the
      AFP  -  280 words
    • Article
      Lock icon Genting holds 3pc stake in Lonrho through three units
      200 3 Reuter LONDON Malaysia's Genting Bhd has taken a notifiable 3.04 per cent stake in Lonrho pic, the UK conglomerate said in a statement yesterday. Genting holds the stake, a total of some 20 million Lonrho shares, through three subsidiaries Powerstock Ltd,
      Reuter  -  200 words
    • Article
      Extended hours not meant to solve market wees
      701 3  -  THE HOCK LOCK SIEW COLUMN -By S N Vasuki SINGAPORE The heat and dust generated by the stockbroking community over the decision of the Stock Exchange of Singapore (SES) to extend daily trading hours is astonishing indeed. While the cynicism can be
      701 words
    • Article, Illustration
      Seel plans to offer equipment testing service commercially
      317 3  -  By Teh Hooi Ling SINGAPORE Singapore Electronic Engineering Ltd (Seel), which has just set up a computerised equipment testing centre for the Ministry of Defence, wants to set up its own facility to offer the service commercially. The Defence Ministry's Automatic Testing
      317 words
    • COMPANY BRIEFS
      • Article
        UOB foreign shareholding hits 40pc again
        82 3 SINGAPORE The percentage of foreign shareholding in United Overseas Bank is at the ceiling of 40 per cent again, two days after it announced that it had slipped to 39.91 per cent. UOB said that in arriving at the ceiling as on July 15,
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      • Article
        Barings is top analyst: survey
        80 3 SINGAPORE Baring Securities' research team was again the top choice of UK fund managers for their work on the Singapore and Malaysia scenes, according to a survey of investment analysts. This was based on a 1992 survey of 211 fund managers by UK's Extel Financial
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      • Article
        Wardley Inv fund raises HK$1.5b
        74 3 HONGKONG Warldey Investment Services Ltd (Wisil), which has listed the first China fund in New York, has raised HKSI.S billion (Ss3l2 million) for investments in China-related entities over the past month, said chief executive Nigel Tulloch. Wisil's US$llO million (SSI77 million) China Fund became the
        74 words
      • Article
        ANA Hotels to go scripless
        75 3 SINGAPORE ANA Hotels Singapore Ltd will convert to a book entry or scripless settlement system of trading on Aug 28. The earliest date for depositing share certificates with the Central Depository Pte Ltd is July 31. From then to Aug 27 noon, incentives such as
        75 words
      • Article
        UOB warrant purchases
        83 3 SINGAPORE C Y Wee Co Pte Ltd and Wee Investments Pte Ltd have each acquired through excess allotment warrants 1997 of United Overseas Bank Ltd. CY Wee picked up 6,280 warrants at 65 cents each, paying a total of $4,082. Wee Investments paid $4,218 for 6,490 warrants
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    • COMPANY BRIEFS
      • Article
        Bangkok Land keen on mass transit system
        77 4 BANGKOK Bangkok Land, the largest-capitalisation issue on the Thai stock market, said it was interested in applying to build a mass transit system in Bangkok after the government terminated an agreement with a unit of Canada s SNC Group. Anant Kanchanapas, the firm's
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      • Article
        Taiwanese, French store tie-up
        65 4 TAIPEI Taiwan's Far Eastern Department Stores Ltd said it is forming a NT$7OO million (5545.5 million) tie-up with French retailing giant Promodes to exploit the island's booming consumer market. The joint venture will use the French company's management technology to open a hypermarket in the southern
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      • Article
        Japan's biggest '92 bankruptcy
        69 4 TOKYO A Tokyo-area construction company has had its credit suspended with Japanese banks, an effective bankruptcy, leaving it about 150 billion yen (551.94 billion) in debt according to Teikoku Data Bank, a private credit research firm. It becomes the largest bankruptcy of 1992 The companv, Watakyu
        69 words
      • Article
        China's listed firms to increase
        69 4 HONGKONG The number of companies listed on China's two fledgling stock exchanges will more than double by the end of the year, the state-run China Daily reported yesterday. Over 70 companies are expected to be listed on the Shanghai Securities Exchange, up from the current
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      • Article
        Aussie firm takes Indon interest
        61 4 BRISBANE MIM Ltd subsidiary Highlands Gold Ltd announced vesterday it had taken a 90 per cent interest in the Miwah copper-gold prospect in Indonesia's Aceh province. Port Moresby-based Highlands said agreement in principle had been reached with Indonesian explorer PT Marhauma Subur, which will retain
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    • Article
      Lock icon HK book printer records 52pc rise in after-tax profit
      299 4 Bloomberg HONGKONG LeefungAsco Printers Holdings Ltd said its after-tax profit rose 51.8 per cent to HKS4I.B million (SSB.6 million) in the fiscal year ended March 31 from HK527.6 million the year before. The Hongkong-based book-printing company also said in a statement
      Bloomberg  -  299 words
    • Article
      EIE selling off Aussie properties at 50pc discount
      440 4  -  Developer offloading 66 Sanctuary Cove houses and building lots From Florence Chong in SYDNEY THE largest single Japanese investor in Australia, EIE International, is offloading its housing stock at one of the country's most prestigious developments at a 50 per cent discount.
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    • Article, Illustration
      City for a million people
      54 4 TOKYO An artist's conception showing a 220-storey skyscraper towering from a proposed future city of an urban development plan unveiled by Mitsui Construction Co yesterday. According to Mitsui, the 1321-metre tower building is designed to house a million people with residential zone areas in a
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    • Article
      Lock icon Semi-Tech to raise stake in Tomei to 25pc
      288 4 Bloomberg HONGKONG Sewing machine and consumer electronics group Semi-Tech (Global) Co said it will raise its stake in Tomei International (Holdings), the world's third-largest maker of Walkmans, to about 25 per cent from 7 per cent. In a statement Semi-Tech, based in
      Bloomberg  -  288 words
    • Article
      Lock icon Japanese firms seek ways to woo domestic, foreign investors
      538 4 Reuter TOKYO A persistent stock market slump is persuading a growing number of Japanese companies of the need for a strategy to woo domestic as well as overseas investors, but many are puzzled about just how to go about it. "We
      Reuter  -  538 words
    • Article, Illustration
      Lock icon Bull run in New Zealand masked by lagging leaders
      663 4 MARKET TALK Reuter WELLINGTON The bulls have been running on the New Zealand bourse in 1992 but it's been hard to notice. The NZSE-40 Capital Index has risen just 4 per cent this year but knock four leaders out of the
      Reuter; Source: Bridge Info  -  663 words
    • Article
      Lock icon Cross-border mergers, acquisitions up 50pc
      417 5 But global activity remains only half the level three years ago Reuter LONDON Cross-border mergers and acquisitions worldwide leapt by 50 per cent to US$2l.5 billion (5534.6 billion) in the second quarter of 1992, a survey published yesterday said. But despite the jump from US$l4.3
      Reuter  -  417 words
    • Article, Illustration
      Lock icon Reebok 2nd quarter earnings drop 23pc
      266 5 Bloomberg STOUGHTON, Massachusetts Reebok International Ltd has said second-quarter net earnings dropped 23 per cent from a year earlier as an increase in sales failed to offset higher promotional and advertising costs. The US sportswear maker said net earnings fell to US$45.B million (5573.8
      Bloomberg  -  266 words
    • Article
      Lock icon Venezuela, foreign firms set for oil development
      390 5 Reuter CARACAS Venezuela's state-owned oil company said on Wednesday it is near agreement with foreign petroleum companies to begin joint development of the world's largest reserves of heavy crude oil. Petroleos de Venezuela (PDVSA) president Gustavo Roosen said talks have reached advanced stages
      Reuter  -  390 words
    • Article
      Lock icon Black confident of restoring value to Telegraph shares
      486 5 Reuter LONDON Canadian publisher Conrad Black, undeterred by poor public demand for a stake in his British newspaper empire, is confident that he can restore value to Telegraph pic shares. "(The Telegraph has) to develop a track record that gives people a
      Reuter  -  486 words
    • COMPANY BRIEFS
      • Article
        EC set to fine Parker Pen for breach of rules
        102 5 BRUSSELS The European Commission was expected to fine UK-based Parker Pen Holdings Ltd on Wednesday for stopping firms buying its pens to sell them afterwards in other parts of the European Community (EC). Commission sources said the 17-member Commission was
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      • Article
        Paribas Poliet buyout approved
        74 5 PARIS French regulator Conseil des Bourses de Valeurs has approved Cie Financiere de Paribas' offer to buy out minorities in its 80 per cent Poliet unit through a share swap, the French stock exchanges association said yesterday. Paribas has offered minorities the option of two shares
        74 words
      • Article
        Profit up 5pc at Genmin unit
        52 5 JOHANNESBURG Gengold, the 11-mine division of General Mining, Metals and Minerals Ltd (Genmin), posted a 5.3 per cent after-tax profit here on Wednesday for the June quarter over the March quarter. June-quarter taxed profits were 70.62 million rands (5540.31 million), up from 67.06 million,
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      • Article
        Springer cautiously optimistic
        57 5 BERLIN Axel Springer Verlag AG, Germany's largest newspaper group, said on Wednesday it was cautiously optimistic that 1992 profits would show a significant improvement on last year. Management board chairman Guenter Wille said cost cuts and Springer's strategy of concentrating on core print businesses and expanding into
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      • Article
        Reynolds' income down sharply
        72 5 RICHMOND, Virginia Reynolds Metals Co said that while it had record shipments in the second quarter, its net income in the quarter dropped sharply due to continued low aluminum prices. The company earned US$33.l million (5553.3 million) or 56 US cents a share on sales of
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      Page 3 Advertisements Column 1
      47 3 S'pore market down 18 pts 18 HK chalks up new record 24 jprr t i n tm tjflff |<k&\ /A../PP' The Tiffany Golf Accessories Tiffany&Co. V% f* < SINGAPORE: RAFFLES HOTEL. TEL: *****68 NEW YORK TORONTO LONDON MUNICH FRANKFURT BERLIN ZURICH MILAN FLORENCE HONG KONG SINGAPORE TAIPEI TOKYO
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      287 4 Whichever road you take, we'll give you 9 good start. 1 FLEXI-DRTVE U N^FINANCING/ Things are now looking better for car buyers. J Flexi-Drive Financing* With the introduction of Flexi-Drive Financing, we I Our unique Flexi-Drive Financing Scheme lets you give you the flexibility of two easy finance schemes. 9
      287 words
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      Page 4 Advertisements Column 2
      17 4 737-1166 Business yFu. heats up when you make the call and vlj* place an ad! I nhUM
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      Page 4 Advertisements Column 3
      16 4 AND GET FAST EFFECTIVE RELIEF! swoomtuKx Summit Co (S) Pt« Ltd Availabte at all leading pharmacies.
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      350 5 B Keppel Corporation Limited {Incorporated in the Republic of Singapore) Renounceabie Rights Issue ("Right Issue") by Keppel Corporation Limited ("KCL" or the "Company") In respect of $109,167,910 principal amount of 1.5 per cent, unsecured Convertible Loan Stock due 1997 ("CLS") and 109,167,910 Warrants to subscribe for new ordinary shares of
      350 words
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      Page 5 Advertisements Column 2
      146 5 ONLY SH ARP Ws/M4m lims r AfUb You can now access your tax messages from outside the office. Remote Retrieval. when you're outside, you can use j any touch-tone telephone to in- stnict the FO-560 to send its stored messages to another fax machine. Or use another fax to retrieve
      146 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Keppel Bank lowering prime to 5.75 pc
        61 6 SINGAPORE Following on the heels of the Big Four local banks, Keppel Bank will lower its prime lending rate by 0.25 percentage point from today. The new rate, at 5.75 per cent, is, however, still 0.25 percentage point higher that the Big Four's.
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      • Article
        Osaka contemplating curbs
        88 6 TOKYO The Osaka Stock Exchange may be about to implement further controls on its Nikkei 225 stock futures, in spite of signs of a shift in business to Singapore. Hiroshi Yamanouchi, president of the exchange, said yesterday that further restrictions on stock index trading could be imposed
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      • Article
        Rabobank may cut 2,500 jobs
        57 6 AMSTERDAM Cooperative bank Rabobank Nederland BA is considering cutting 2,500 jobs as part of an effort to reduce costs by about 170 million guilders (Ssl63 million) in the coming years. A spokesman said on Wednesday that he expected the bank to take a final decision
        57 words
      • Article
        Taiwan forex reserves hit record
        73 6 TAIPEI Taiwan's foreign currency reserves, the largest in the world, surged to a record US$B4.6 billion (Ssl36 billion) at the end of May. The central bank said on Wednesday that the rise was mainly due to appreciation of the mark and the yen against the
        73 words
      • Article
        Munich Re controls 3 insurers
        74 6 MUNICH Reinsurer Muenchener Ruekversicherungsgesellschaft AG (Munich Re) says it now has a majority in three German insurance companies Hamburg-Mannhei-mer Versicherungs-AG. Karlsruher Leben and Berlinische Lebensversicherung AG as part of a reshuffling of stakes with Allianz AG Holding. A joint statement released on Wednesday said Munich
        74 words
    • Article, Illustration
      Singapore urged to move into financial derivatives
      475 6  -  By Conrad Raj SINGAPORE Singapore should move more into financial derivatives if it wants to increase its sophistication and competitiveness as a financial centre, said Lim Ho Kee, executive vice-president and chief executive officer of ÜBS' East Asia region which covers Asean, Hongkong,
      475 words
    • Article
      Lock icon Big US fund managers increase presence in Asia
      655 6 They may rival Bank Negara in forex trading Knight Ridder SINGAPORE Big US fund managers are giving Bank Negara Malaysia's central bank a run for its money as a market-moving force in Asian foreign exchange, according to dealers here. Not only has
      Knight Ridder  -  655 words
    • Article
      Int'l Finance Corp launches HK$500m bond issue
      277 6  -  By Dawn Tan SINGAPORE The International Finance Corporation (IFC), a membfcr of the World Bank Group, has issued a HKSSOO jjgllion (SSIO4 million) bofldHfce in the Hongkong capital rairket. It is IFCs first Hongkongdollar denominated issue. Societe Generale Asia Ltd is acting as
      277 words
    • Article, Illustration
      Lock icon Abu Dhabi criticised in British probe on BCCI
      444 6 FT KnightRidder LONDON Abu Dhabi, the majority shareholder in the Bank of Credit and Commerce International, has been criticised in a draft report for withholding vital information from the Bank of England on the scale of fraud at the collapsed bank. Lord
      FT; Knight- Ridder  -  444 words
    • Article
      Lock icon Five more US bank report higher 2nd quarter earnings
      256 6 Bloomberg NEW YORK Five large banks reported higher sec-ond-quarter earnings on Wednesday, benefiting from falling interest rates that helped boost net interest margins. The profits of Fleet Financial Group, Republic New York Corp, Bank of New York Corp, Norwest Corp and
      Bloomberg  -  256 words
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      337 6 Your greatest expense Is the money you donl earn What is holding you back > from the success you deserve v Money You Ktt An international Programme presented by the Excellerated Learning Institute of USA. A powerful and highly experiential 3-1/2 day seminar designed to empower you with skills for
      337 words
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      Page 6 Advertisements Column 2
      28 6 The Bank of England is also braced for serious criticism of its role as supervisor of BCCFs UK operations. The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER
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      Page 6 Advertisements Column 3
      68 6 near Pengerang Ferry 40 min from Changi Point terminal by launch. Also proposed hotel/resort chalet. Very close to Desaru Golf Resort/Pengerang Resort/Belungkor Development/Sebana Cove. Land area around 230 acres. Asking M 560,000 per acre. Valuation and Feasibility Reports available. Land is also suitable for Hotel, holiday bungalows, retirement homes, health
      68 words
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      173 7 am i IfThey \ALUEYOU, Wi iy Haven't They Given You A Volvo? ii'ii r n f in it in rdii J fr ■> vl ~*?*vsr t y«* > 111 a I f S A Volvo is a valued asset. So too are the people who drive them. If you have
      173 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Sri Lanka discussing terms for US$100m loan
        53 8 P3MBO Sri Lanka is negotiating a USSlOO-million 1 million) loan from the World Bank for an economic n programme, but lending conditions could be tough. A r government official said yesterday: "(The bank wants) ier reforms which could be difficult to implement and
        53 words
      • Article
        NZ-M'sian business council
        43 8 A New Zealand-Malaysia business council is to be formed, Trade Minister Philip Burdon said fresterday. His statement coincided with the arrival here of flMalaysian International Trade and Industry Minister Rafidah Biz and 18 Malaysian business leaders for a three-day visit.
        43 words
      • Article, Illustration
        Uncompromising Khmer Rouge
        42 8 JpHNOM' PENH Khmer Rouge leader Khieu Samphan •reading copies of his opening statement during a Supreme {National Council meeting here yesterday. The Khmer Rouge {continues to block the Cambodian peace process by refusing •to /Cooperate with UN peacekeeping measures.
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      • Article
        Bangkok gets ADB loan
        38 8 ImANILA The Asian Development Bank (ADB) approved Bjosfeniay a loan of USS94.2S million (SSI51.7 million) for a Mower transmission expansion project to Thailand. The loan Kts payable in 20 years, an ADB statement said.
        38 words
    • Article, Illustration
      Lock icon Offices, hotels best bets for investors in Vietnam
      462 8 Influx of foreign firms, tourists creating demand: property consultant South China Morning Post HONGKONG Office development and hotel and tourism ventures hold the greatest investment potential in Vietnam, according to international property services company Colliers Jardine. An influx of foreign firms is
      South China Morning Post  -  462 words
    • Article
      Lock icon Thai military chief blasted for coup threat
      385 8 Reuter BANGKOK Thailand's interim government festerday criticised the armed forces chief for the possibility of a future coup, saying his rash remarks would spoil the atmosphere for elections later this year. The military supreme commander, Air Chief Nlarshal Kaset Rojananil, had said on
      Reuter  -  385 words
    • Article
      Lock icon Australia vows to keep cutting tariffs
      342 8 Industries told to upgrade to meet overseas.challenge Reuter CANBERRA Australia's Industry Minister John Button yesterday rejected union pressure to curb imports of textiles, clothing and footwear, particularly from Asia, to prevent a rise in unemployment. "If you cut Australian wages in half we would
      Reuter  -  342 words
    • Article
      Lock icon Malaysian consumer confidence high: Mier
      276 8 MBT KUALA LUMPUR Consumer confidence in Malaysia continues to ride high mainly because of the bright employment outlook in the short term, says the Malaysian Institute of Economic Research (Mier). Based on its blest quarterly survey on consumer sentiments for the second quarter of 1992,
      MBT  -  276 words
    • Article
      Lock icon S Korean conglomerates fight govt regulations
      481 8 AFP SEOUL South Korea's business conglomerates, which grew rich and powerful under government patronage in the past two decades, are now fighting against moves by President Roh Tae Woo to control and eventually break them. The Roh government has been aiming to prevent economic
      AFP  -  481 words
  • Page 8 Advertisements
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      1434 8 m i; y» IQf; UMBC Finance Ltd, 1 VSSF WHOLLY OWNED BY UNITED MALAYAN BANKING CORPORATION BERHAD r BALANCE SHEET 4 xmmmwmm H AS AT 31 JANUARY Ift2 ion aovra, mMU I lima lom m 1882 1991 |M interest ei suspense (SMJII) (^BB.860) ASSETS Uraamed rtrm (M».BB* (7 878 052)
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      Page 8 Advertisements Column 2
      89 8 HHHBI The candidate is moving to Australia and is )J|ml interested in seeking opportunities with Singapore HHHI companies with investment or operations in Australia. IIkXIH The candidate possesses degree in mechanical I PRPHH engineering and master of science in business I administration, with 20 years experience in sales lc marketing,
      89 words
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      179 9 WtttKttKKS^B^^a^m^SSßm HB|r ■MMmni Wfm/j/MM^^ESdMekSßßm^ dimensions Length aA. (MLD Hull) 78.00 M Grow Wegiatered Tonnage 1999 > Length IF. 7J.JOM Net Regiaiered tonnage 1216 NOT (appro*.) iwW MU> Speed (Loaded Service) Iftl! fawtt (iffrai.) 'fj|» Depth MLD (Trialt) 11.SO Knot* (appro*.) t Scanting Deadweight V Deugn Draft SJI7M A« 5.«17 Draft
      179 words
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      232 10 I i t V r1 1 V.VK*. fc /I «>w«i»»«i Times gives you incentive for having your own I B IB I afl the news you need: local, Business Times. Every new KOTApP regional and international, subscription entitles you to a IJ J nlllDnn I "IT/ 11 Fl_ m J
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  • THE WORLD
    • Article
      Lock icon Bank of Japan to stick to monetary policy
      415 11 Central bank monitoring corporate earnings and employment Reuter TOKYO The Bank of Japan (BOJ) has no plans to alter its monetary policy significantly, but will closely watch corporate earnings and employment trends, say senior BOJ officials. "Corporate earnings levels will be a
      Reuter  -  415 words
    • Article
      Lock icon Japan flexible on return of Russian-held islands
      219 11 Reuter TOKYO Prime Minister Kiichi Miyazawa said yesterday that Japan is prepared to be flexible on the return of four Russian-held islands, the issue that will dominate a visit to Tokyo by President Boris Yeltsin in September. Officials of the two countries' foreign
      Reuter  -  219 words
    • Article
      Lock icon De Klerk attempts to regain political initiative with plan
      192 11 AFP JOHANNESBURG President FW de Klerk has attempted to seize back the political initiative with a package of anti-violence measures in a bold move ahead of a crucial United Nations debate on South Africa's township carnage. But the African National Congress
      AFP  -  192 words
    • Article, Illustration
      Fresh from the paper
      49 11 TOKYO A Tokyo office worker sniffing a Japanese newspaper which emits the smell of fresh orange from a scratch and sniff advertisement. The refrigerator advertisement yesterday featured a vegetable compartment full of oranges printed with special ink which gave off the fruit's smell when rubbed.
      49 words
    • Article
      Lock icon Tokyo's Import Board urges more purchases from abroad, tax breaks
      384 11 AP TOKYO An international board has urged that Japan's government buy more foreign goods and make wider use of tax breaks to encourage imports to help reduce the nation's huge trade surpluses. It was the third meeting of the 29-member
      AP  -  384 words
    • Article
      Lock icon Taipei plans harsh action on trade deficit with Tokyo
      255 11 AFP TAIPEI Taiwan said it will take drastic action to curb its spiralling trade deficit with Japan, including halting official purchases of Japanese goods. "Our trade deficit with Japan is most likely to break the US$ll billion (SSI7 billion) mark this
      AFP  -  255 words
    • Article
      Lock icon End to decade-long Latin American debt crisis in sight
      360 11 Reuter RIO DE JANEIRO AJmost exactly 10 years after it began, the long and tortured saga of Latin America's foreign debt crisis appears to be nearing a close. Brazil's conclusion of a framework agreement last Thursday on rescheduling and reducing the
      Reuter  -  360 words
    • WORLD WATCH
      • Article
        Taiwan may register Chinese patents
        93 11 TAIPEI Taiwan may allow Chinese trademarks and patents to be registered on the island in order to strengthen trade ties, officials said on Wednesday. A total of 2,881 Taiwanese trademarks and 2,894 patents have been registered in China since 1988, they said. But Taiwan has
        93 words
      • Article
        US inventories inch up
        82 11 WASHINGTON US business inventories inched up 0.1 per cent in May, the fourth straight advance, as sales slipped 0.2 per cent for the first drop in five months, the government said on Wednesday. The Commerce Department said inventories rose to a seasonally-adjusted U*****.1 billion, up from
        82 words
      • Article, Illustration
        UN envoy gets wake up call
        56 11 NEW YORK An aide to Belgium's UN Ambassador Paul Noterdaene (left) tries to wake him up during an address by African National Congress leader Nelson Mandela to the Security Council on Wednesday. In his speech. Mr Mandela urged the UN to send teams to
        56 words
      • Article
        US, Mexico in standards pact
        86 11 WASHINGTON US and Mexican negotiators have tentatively agreed on health and safety standards for food products that would move across the Rio Grande under a North American free-trade agreement, officials say. Sources in Congress and the Bush Administration said on Wednesday that negotiators appeared to
        86 words
      • Article
        Britain tops EC investment list
        90 11 LONDON Britain headed the list of EC countries attracting foreign investment in 1991/92, with 332 projects creating or safeguarding jobs, British industry minister Tim Sainsbury said on Wednesday. Announcing the report from the government's Investment in Britain Bureau, Mr Sainsbury said the high level of
        90 words
      • Article
        Indian rocket deal goes ahead
        62 11 NEW DELHI India said on Wednesday that Russia would go ahead with a US$25O million (Ss4o2 million) deal to supply rocket engines for India's space research programme despite US opposition to the deal. "Russia has reassured India of its continued cooperation on the cryogenic technology
        62 words
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      Page 11 Advertisements Column 1
      180 11 SYDNEY, AUSTRALIA COMMERCIAL INVESTMENT Fully leased to the WESTPAC BANKING CORPORATION lease B+s \ears with regular rent reviews. Newly constructed building (1988) Nett rental A5536.727.54pa X, NLA 2090 appro\ over 2 levels ftf/fll/ *5 security undercover carspaces I wjj #/Om|J] SYDNEY GROWTH METROPOLITAN SIBIRB Contact Jonathan Hunt Contact Patnaa Sok
      180 words
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      Page 11 Advertisements Column 2
      40 11 I 005 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. the J SINGAPORE (mII 733 8888 for rexruiOons. 1 CuKaden Road (nff Orchard Road) GimpbrTkTUtjrv lulrt pttriang Singapore 1024
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  • Article
    Figuring the property glut
    487 12 EDITORIAL IF NOT for the construction boom, Singapore's economy would be growing at an even slower rate. Since end-1990, construction has been recording double-digit growth quarter after quarter. It now appears that the rush of construction activity has resulted in an oversupply in some property sectors.
    487 words
  • WHAT THE OTHERS SAY
    • Article
      The UN's way ahead
      222 12 IT IS perhaps understandable that, without the burden of having to uphold the system which one heads, former United Nations Secretary-General Javier Perez de Cuellar could afford to be radical. Last week in Singapore, he called for removing the veto power of the five permanent members
      222 words
    • Article
      Moving the people
      159 12 COMMUNICATIONS MINISTER Mah Bow Tan's hope that owning a car in Singapore will one day become a mere status symbol can be regarded as idealism. To some extent, it is true that car ownership is a status symbol showing that a Singaporean has finally arrived in life.
      159 words
    • Article
      Cautious cooperation
      143 12 ALTHOUGH Japan cannot be called a political and military superpower yet, it has clearly expressed its aspirations to become a political superpower. It would be ridiculous for China not to be apprehensive about the possible revival of Japanese imperialism. But international political realities leave the two countries with
      143 words
  • REGIONAL VIEWPOINTS
    • Article
      Towards freer TV
      166 12 THE PROPOSAL last week by a governmentappointed committee to liberalise television broadcasting by allowing new stations to be independently operated by the private sector is encouraging. The suggestion shows the government's sincerity in its pledge to promote and protect freedom of expression and the people's right to
      166 words
    • Article
      Tighter, wiser regulation
      151 12 THE MOVE by the Works Ministry to introduce two new rules for those bidding to undertake infrastructural projects should not be viewed as a strangling regulation. The first rule, making it mandatory for an aspiring bidder to make site visits before submitting a bid, will ensure that
      151 words
    • Article
      Save the Chao Phya now
      172 12 NEWS ABOUT water pollution in the Pasak River reaching a critical stage this week should raise the alarm in Bangkok where most people are unaware of the worsening degradation of the Chao Phya River. Polluted water from the Pasak is flowing into the Chao Phya
      172 words
  • Article
    Lock icon So, was it a success or not?
    1102 12  -  Steven Greenhouse discusses the different perceptions of US trade negotiators and the State Department of the Munich G-7 Summit Steven Greenhouse NYT WHY WAS there such apparent division in the Bush administration about the extent of progress on world trade talks at last
    NYT  -  1,102 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      35 12 DOONESBURY BY GARRY TRUDEAU UH-OH' NOT 7DMORKY! I BROUGHT RATS,! CAtfTHW HOW MCB Starr yOUR maurjcb! sane cuppings, somc that small IhAT trtmeFtmmsrt tm% *^^*^J£S? C £75! isswuing mil I TALK* HAOM LOOKS RJGHT BACK
      35 words
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  • ANALYSIS
    • Article
      Lock icon More lashes for the West's favourite whipping boy
      1259 13  -  Philip Bowring says Japan isn't really the global villain that the West is making the economic giant out to be Philip Bowring The writer is a former editor of the. Far Eastern Economic Review, IHT THE Group of Seven (G-7) summit meeting
      IHT  -  1,259 words
    • Article, Illustration
      Security in a changing world
      1283 13  -  After the collapse of the Soviet Union and the disintegration of the Soviet satellite system, many of the world's defence treaties are being reshaped, reports Harish Mehta Harish Mehta Thanks to some 30 international security treaties, the post-war world has largely known an uneasy peace.
      1,283 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      320 13 To become a managing director, you have to start talking like one. In today s fiercely WJnoT *iuir l So you II never he at a competitive corporate l°ss f° r words, or fresh topics world, the impression your of conversation. But whether conversation makes is often the issues are
      320 words
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      660 14 Nothing Beats ABud. OF king of beers. < )RGANISIS YOl 'R ()U'\ KAR.WKE! It's your very own Karaoke party! King's Hotel has come up with a Dailv Karaoke package for groups of 10-200 people from 12 noon j to 5 pm. After vour Penang Buffet Lunch, the Ist round of
      660 words
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      Page 14 Advertisements Column 2
      201 14 WHERE TO WINE, DINE TEATME DELIGHTS S|k*ihl «i Irisurrly wrrkcntl aliernoon wilti hoi IB lav<Mimes like l-rirtl chiekrn. Crawn f-rincr. Laksa. I Scm»m Kway. Rojak <»r «<x>l winners like mousse aixi It; jellies. tartiets <iikl |>astrk*s aixl 1 Illit Chikl: SK.OIM-+ Cflfe PIQZ3 I Available lr«>m:i m |>m PIAZAHOTEL I
      201 words
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      Page 14 Advertisements Column 3
      265 14 A THE PINE COURT p Amidst Imperial splendour, our chefs fiMMm stage their highly-acclaimed performance m'~~ /Wr o( legendary Beijing cuisine to the satis- «sLA^ (jfj J v taction of demanding diners To guarantee 'g fV your place amongst the discerning, make f' your reservations early. QWr -sAV Lunch 12pm
      265 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      652 14 TELEVISION AND RADIO 1 J 11 UgMM (C) 11-30 Ciliw Classics The Only pt lQlMC<tt P Am*V KciK\7 to I IT igST&W) i M m m^. Town UlilV 725 Wl Opening followed by Tke N Hows at Eight (C) BBC, 85.9 mHz inVHF Band II MighWy iwinoss Report. ».3« Variety
      652 words
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  • LIFESTYLE
    • Article, Illustration
      Pride of Pretoria
      530 15  -  Cheryl Liew raises the curtains on a coming concert by South Africa's youthful ambassadors of music, the Pretoria Youth Choir Cheryl Liew MUSIC is a universal language, so they say, which transcends barriers of race, religion and beliefs. A cliche no doubt, but one that still holds
      530 words
    • Article, Illustration
      Hollywood's lethal weapon
      941 15  -  It is inevitable that when a movie is a box-office hit, the question on everyone's lips is: 'So when's the sequel coming?' S N Vasuki zooms in on Tinseltown executives' sequel-making craze S N Vasuki THERE is a powerful sequence in The Player, maverick director Robert Altman's
      941 words
    • Article, Illustration
      The insecurities of Hemingway
      341 15 UNPUBLISHED letters from Ernest Hemingway show he feared losing manuscripts, used newspaper stones as background for his novels, was jealous of his wife and thought For Whom The Bell Tolls his best work. The six letters, bought by a rare-book collector, won the Hemingway Contest, a
      341 words
    • Article
      Lock icon State-of-the-art emergency
      269 15 Reuter ART theft in Italy is becoming i national emergency, a senior judge said on Tuesday. Some 15,000 works of art are being stolen every year, mostly for collections in the US and the Far East, judge Emidio di Giambattista said in an official report He accused the
      Reuter  -  269 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      210 15 AND ENTERTAIN SUMPTUOUS SEAFOOD The freshest Catch-from-the-sea prepared in authentic ASEAN-style. Buffet Dinner is available nightly from 8 3i July 1992 7.00 pm to 10.30 pm ANA HOTEL For reservations please call r 16 M*. Sngapcc 1025 732-1222 ext 1700 <222 THE MOTHER OF ALL CAKES Thai's our DURIAN II
      210 words
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      Page 15 Advertisements Column 2
      160 15 te=====| Barbaoued riMno Duck 7/7/92 I Lata* S*ad wffn* Fail M M wfioya Bnn Cnmb SM'i Fit wlSdad Chitan Seaon ttaptd* wjPacifc dan HQ Port Ma k ftnaqafc (VTan trad ante II tap F»ad Ciapy Ctidan Wafer Mriai w* ftp H f I MAPLE LEAF Sze-Chuan Restaurant 390 Victoria Street
      160 words
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  • FOCUS
    • Article
      Lock icon A ticket to fly after 1997
      897 16  -  Cathay Pacific's share sale to Chinese companies underlines a growing trend, reports Simon Holberton Simon Holberton FT THE purchase by Chinese companies of a further 10 per cent of Cathay Pacific underlines a growing trend in Hongkong for owners of business franchises to seek
      FT  -  897 words
    • Article, Illustration
      Lock icon The China syndrome
      869 16 More and more Hongkong manufacturing firms are moving their factories to the mainland in pursuit of cheap land and labour. FT 7 E USED to %/m/ enjoy taking T T people over our factories, but not so much now," says William Ho, finance director of Video Technologies
      FT  -  869 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      325 16 EXCLUSIVE APARTMENTS FOR SALE FREEHOLD TITLE NO RESTRICTION ON FOREIGN OWNERSHIP 5 p *IW In <w jj^r" *xh JL -^Jj Resort living with a difference... think of the French Riviera, a stylish ocean-side country club, 'Limitedmembership'- only 87apartments, all oriented towards the seal And such luxury inside... PERFECT LOCATION IN
      325 words
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  • SPORTS
    • Article
      Lock icon Germany, Spain breeze into quarter-finals
      482 17 Federation Cup AP FRANKFURT Top-seed-ed Germany and Spain, the defending champion, on Wednesday advanced to the quarter-finals of the Federation Cup, but Spain had to battle hard to avert an upset by Canada. The United States also reached the last eight with a 3-0 victory
      AP  -  482 words
    • Article, Illustration
      Lock icon I Hard grind brings Fignon long-awaited win
      500 17 Tour de France Reuter MULHOUSE, France It took 23,000 kilometres of hard grind for Laurent Fignon to earn a long-awaited first victory in new team colours in the Tour de France's lltfi stage on Wednesday. know exactly what I have done because I've
      Reuter  -  500 words
    • Article
      Lock icon The medley king who hungers for more golds
      772 17 Reuter BUDAPEST Boredom with backstroke turned Tamas Darnyi into a phenomenon who has won all his major international championship individual medleys since 1985 and sweeps into Barcelona a heavy favourite for more Olympic gold. The Hungarian, whose parents took him to a
      Reuter  -  772 words
    • SIDE LINES
      • Article, Illustration
        Nicklaus undecided about Open future
        138 17 GULLANE, Scotland Three-times champion Jack Nicklaus friffht) acain refused to commit himself on Wednesday following renewed suggestions that this year's British Open would be his last. "1 don't know what I'm going to do. Muirfield could well be my last Open, it could well be
        138 words
      • Article
        S Africa sells tennis rights
        94 17 JOHANNESBURG Tennis officials said on Wednesday that they could not afford to stage the South African Open and had sold the rights to an undisclosed Asian city. Tennis South Africa (TSA) secretary-general Moss Mashishi said the rights to the ATP event had been sold because
        94 words
      • Article
        Sorry, you can't leave
        54 17 SOFIA The president of the Bulgarian Olympic Committee has been banned from leaving the country and was unable to chair yesterday's International Olympic Committee meeting in Barcelona as planned. Ivan Slavkov, a son-in-law of former Bulgarian leader Todor Jivkov, was prevented from leaving Sofia on Wednesday
        54 words
      • Article
        Policemen cry foul
        110 17 BARCELONA Disgruntled Spanish policemen said they would demonstrate outside the Olympic Stadium yesterday to protest against cramped and insanitary accommodation at the Barcelona Games. Fernando Vazquez, secretary-general of the Federal Union of Police (UFP), alleged temporary lodgings provided for members drafted into the Catalan region for the
        110 words
    • Article, Illustration
      Lock icon Olazabal well prepared for British Open
      464 17 Reuter GULLANE, Scotland Jose Maria Olazabal's preparations for the British Open have included shopping trips with bis mum. The 26-year-old Spaniard felt strangely deflated after missing the halfway cut at last month's US Open and desperate measures were needed to restore his intensity. "I
      Reuter  -  464 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      56 17 Workk with a 0 "I a M Cricket. A'i Complete with state-of-the-art, cricket-like arms, DLethelm's latest series of hlgKech DIGTH6LMS] chairs cane with innovative features like a separate back and seat tilting mechanism in a g shenton way. #01-02 TrwaayßuHing. fully adjustable, ergonondc design* The Cricket Series. The office chair
      56 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      ST index loses 18 points in thin trading
      2967 18  -  By Lilian Ang SINGAPORE share prices fell across the board yesterday on thin trading and moderate selling of index-linked stocks, mainly by foreign investors. The benchmark Straits Times Industrials Index, which shed 2.63 points on Wednesday, lost a hefty 18.54 points to
      2,967 words
    • Article, Illustration
      Lock icon HOT STOCK
      72 18  -  By Anthony Pang Comment FELS' long-term downtrend is confirmed by its declining 13month RSI. The first support at about $5.00 has given way and the stock is now near a stronger support level of about $3.50$3.80. A long-term uptrend may begin then as the 13-month RSI has reached
      SOURCE: BRIDGE INFO  -  72 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2920 19 e Properties 780 30 4.0% •*sia Pacific 1150 20 +1.8% JiELife 1140 20 +1.8% ,Jurong Ship 50* 910 +10 +1.1% OU» 515 +5 +1.0% SpofeUnd 505 +5 +1.0% Judrjng Erg 50* 366 +4 +1.1% Sunshine Allied 316 +4 +1.3% The H Glass 25* 60 +4
    2,920 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      126 19 YOUR KEY TO BETTERBUSINESS DECISIONS! Singaporc Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771 or on Teleview, which incidentally is the most advanced and company news. Tony Chia on 740 1033. videotext system in the world.
      126 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3267 20 SPK-Sentosa 118 +38 +47.5* Lien Hoe 76% +6 +8.5* TDM 69% 5% +8.6* KL Industries 76 +4 +5.6* NBT 84 +4 +5.0* Petaling Gd 50* 133 +3 +2.3* M Mosaics 79V. +2% +3.2* D&C Bank SO* 126 +2 +1.6* Hexza Corpn 50* 63 +2 +3.3*
    3,267 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      165 20 PERSONAL INVESTING FINANCE SUPPLEMENT '98 A Special Business Times Survey July 53,199S Bank deposit rates have plunged to one of their lowest levels. Banks and finance companies in Singapore are paying peanuts for such deposits; In some cases they are not even enough to cover the rising cost of living.
      165 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close slightly lower in thin trade
      5097 21 Bernama SHARE PRICES .in the Kuala Lumpur stock market trended sideways to close slightly lower yesterday with only selected lower liners attracting speculative support. The KLSE Composite Index at the close dropped 0.62 of a point to 611.74, the Industrial Index 4.00 points
      Bernama  -  5,097 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      audited results
      244 22 tilling M* Ymt Qraap Rat llet ear** Oms mm ti praflt/teM (L) par star* AMai (*•09) (CMts) Roth Ms M 10 Mar 9? 933,451«(945.747) 29.2(39.9) 50(65) GB HMp Jul 10 Mar 92 $4,166(16,776) 61(99) 10TE(10TE) Metro HU|S Jul 8 Mar 92 15.656(17.999) 7.8(11) 4(4) Traremarco Ml Mar 92
      244 words
    • Article
      PRELIMINARY RESULTS
      187 22 f i ill) ill Date Year Graa» pretax Nat aarategs Cmi mm te prait/te»s a) P* »<** (•MM) (carts) GP Batteries Jul 2 Mar 92 115.492($14. 186) 41.3(47.9) 188TE(17 6TE) MC Htdgs Jul 2 Mar 92 $183dg($198d|) 52(56) 40(40) Peiaw 8hd Jui 1 Mar 92 M$37,824($22.583) 11(9) 15(10)
      187 words
    • Article
      INTERIM RESULTS
      166 22 Ciipiay Date HaN-yMr Ctm# pre-tax Marfan mm te pnM/lm (L) MM cow) C Properties Jul 15 Jun 92 $8,203(55.029) 25(20) M Cement Jul 6 May 92 M$36.539( $37,272) 18(16) Asa Pacrfic Jun 26 Maf 92 $63.038($59,214) 14*(10N) F&M Jun 26 Mar 92 S99,550(189.232) 92(9.2) Pacta Can Jun 26
      166 words
    • Article
      RESULTS FORECAST
      102 22 U Umi last M l«r hncat Mi M MM EPS ami tar EPS Cms ynH tap tap Cop* PaM M jr mtot (cts) (TNI) (Sa) (cts) CM List F4 Tev Fancast Mi M MM EPS matt 1m EPS 6m m* tap tap Cmm hM Wf (cb| (TIN) 0B-)
      102 words
    • Article
      OTHER RESULTS DUE
      714 22 Kalmi iMt M T«r tap) PM Mi tar EPS Graa M S? W*> (S$?JS5 EMS fnt Nov 6 Jul 91 3.0TE 17,8781 C PnprtH Interim Jul U Dec 92 23.1 50 0 6.943 hat Han Interim Jul 24 Dec 92 10.8 4.003 Sob toritee interim Jul 29
      714 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      686 22 Tram SbHUHI Uj/ Na. af tawt Stoat UMag Stock Date HtHtr SfcarafcaMar/Wraetar S«N itoni Mm Altar Keppd Corpn 13/07/92 Central Depository (pte) Ltd Temasek HoJdmgs (Pte) Ltd S 25.000 187.815 155.613.001 35 62 155.588.001 35 62 M Credit 13/07/92 Cycle t Carnage Ltd B 10.946.800 24.630.300 160.366.293
      686 words
    • Article
      DIVIDENDS ANNOUNCED
      786 22 Carnal Ex BMks Mi Mkr Mhr payawrt Mi dM payaWi tM yaar last yaar Mil tfdp 50c 61(b) Au| 26 Sep 7 Sep 24 61 6% Amcal 25c 101 Am 21 Am 27 Sep 10 101 101 Hp* 251 Jun 3 Jun 16 W 23 2 51 Mi
      786 words
    • Article
      CORPORATE DEVELOPMENTS
      741 22 Jul 15 The Stock Exchange of Singapore has decided to extend its trading hours by 90 minutes from July 27 to cater to increased international investor interest in the local market and to allow more effective use of trading and computer facilities of the exchange and its members.
      741 words
    • Article
      APPROVED ISSUES
      453 22 Cowpiwy Right* tow OftC Bat Oe-tor two fe MSI 25 per share Ei-date Jun 2 Boohs ckae Jui 17 Acceptance Payment JM 30 Ea Tart Sa* TVeetor-one fe SI 05 per stare Ei-date Jun 17 Books Ckae Jun 27 Acceptance i Payment tog 3 MM n*ee4ortou at MSI
      453 words
    • Article
      PROPOSED ISSUES
      505 22 C OO par —re. I toM SM Qnetor-three MS2.20 per *are Issue of *****m SOI lit abli Preterm tfiaraa of 10 aan^ each 1992/97 (CUPS) w* to 211 On Transferable Subati»tan RJfe (TSR) 1 tor an avapto pnee of MSI per CVS wiOi one TSR. on the beat
      505 words
    • Article
      COMPANY MEETINGS
      140 22 Berjaya Loan Bh± EGM at Bukrt Kara International Equestrian amf Country Resort Jalan Bukrt Kiara, off Jalan Damansara, ***** Kuala Lumpur, on Tuesday, July 21, at 9.30 am PJ Development Hokfap BM: EGM at No. 21 23, Jalan Hussein:(Ground Floor), ***** Ipoh, PeraK Darul Ridzuan, Malaysia, on Thursday,
      140 words
    • Article
      SCRIPLESS CONVERSIONS
      98 22 Camnioa Special Trig Scripkst J ji; ;„|1 TM!II{m Loivemoo detoiAf renoo i rao iii CiMfUjr starts (IDP) (ST) state T-m AmoI Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 Ea Yu Saagf Jul 1 Jul 21 Jul 9 Jul 21 JulW Hariiaaa Jul 17 Aug 13
      98 words
    • Article
      RECORD HIGHS & LOWS
      133 22 RECORD HIGHS LOWS BT Composite Index ST h*»tiWi Index <>• 1992 h*t 1316.68 (21/2/52) J* j** f <H[]/g> 1992 IMR 1191.31 (9/4/92) 1352A3 <®W®> 1991 h*c 1333.08 (3/6/91) ®J 1565.58 43/6/9 1991 to* 1022.52 (16/1/91) 1001 iHr 1149.08 06 1/91) 1990 Mc *****3 (16/7/90) 1991 N0C 1607.12 (W3/90) 1990 Sr
      133 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      301 22 h local car la SI M^JSI %4y %yr 4y yt *J yr Jrfy 14 Mb tkrn dm cfcy chy giL*g Wortd 384.9 0.2 -5.7 0.1 -5.7 0.2 -5.1 *EAFE 452.8 0.2 -9.8 0.2 -8.8 0J -8.3 Europe 420.6 -0.1 2.3 0.2 4.8 0:9 5.4 Pacific
      301 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end higher, led by finance and property counters
      1767 23 Reuter INVESTORS in Bangkok traded fervently in finance and property stocks yesterday, leading to a broad gain in share prices in an active market, brokers said. The SET Index rose 8.51 points to close at 750.38 on a high turnover of
      Reuter; Source: Bridge Info  -  1,767 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Doubts over foreign bank shares dampen market
      1149 23 9&ARTA stocks closed mixed yesterday as brokers 'U"d investors were becoming hopeful that the government would allow foreigners 'to buy bank shares soon. ui\One broker said fading tapes were affecting the market, despite the passage by of a law clearing the way for
      Source: Bridge Info  -  1,149 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      9 23 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER
      9 words
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      Page 23 Advertisements Column 2
      69 23 +}\".!($`@`<=)>-*.;{'"(_<.,*.~~ LADY jflfl Jr £&M 11 I JE. iV l I /J s. NmL_. .^^kli^l KILLERS Isabella Rosellini, Sharon Stone and Rebecca De Mornay. They're seemingly ordinary women. But they're killers. The three star as murderous women: Rosellini in Siesta, Sharon Stone in Basic Instinct and De Mornay in The
      69 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei closes below 17,000 in dull trade
      2638 24 Reuter TOKYO STOCKS closed moderately lower after lacklustre trade yesterday and the Nikkei ended under 17,000 for the first time since last Friday. Prices sank on profittaking and a lack of positive factors, with some worries I about real estate industry debts, but
      Reuter  -  2,638 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Snag in airport talks fuels late selling
      2589 24 Reuter HONGKONG share prices closed at a record high yesterday but gains were trimmed by heavy selling in the afternoon, triggered by an apparent lack of progress on funding for Hongkong's new airport, brokers said. The Hang Seng Index ended the day 37.07
      Reuter  -  2,589 words
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  • REGIONAL STOCK MARKETS
    • NZ shares, led by Telecom, hit year's high
      • Article
        NEW ZEALAND
        334 25 NEW ZEALAND shares, powered mostly by bargain hunting in Telecom of NZ, ended at their highest level for 1992, but on reduced turnover yester- day. The NZSE-40 Capital Index ended at 1,589.23, up 6.69 points, exceeding the previous high of 1,584.64 set on -June 23. Turnover was worth
        334 words
      • Article
        MANILA
        542 25 SHARE PRICES closed higher in moderate trade yesterday as bargain-hunters moved into the market after a three-day slide, brokers said. The Manila Stock Exchange Composite Index gained 23.09 points to close at 1,451.50. "The market has already been oversold. For the last three days, volume was thinning out and
        542 words
      • Article
        TAIPEI
        466 25 TAIWAN SHARE prices wavered narrowly to finish mixed yesterday as many investors stayed sidelined, lacking confidence in the market, brokers said. The Weighted Index ended 2.83 points lower at 4,349.68. Turnover rose to NT522.4 billion from Wednesday's NT$ 19.35 billion. Brokers said sentiment had im- proved slightly as major
        466 words
      • Article
        SEOUL
        794 25 SEOUL STOCKS slid yesterday as investors. pessimistic about a quick economic recovery, stayed on the'sidelines, brokers said. The Composite Stock Index closed 2.58 points lower at 511.61, the lowest level since February 1988. Turnover slipped to 108.85 billion won from 146.37 billion on Wednesday. Losers outnumbered gainers 507 to
        794 words
      • Article
        BOMBAY
        100 25 BOMBAY brokers resumed trading on Wednesday, ending a month-long boycott but share prices fell broadly as the market opened on a dull note. The Bombay Stock Exchange Index fell 167.62 points to 2,912.92. The National Index dropped 39.55 to 1,297.20. Brokers said only a few shares were traded and
        100 words
      • Article
        Untitled
        54 25 ilNDICES TURNOVER Clow t* rrcnoui E Jul) 16 NEW ZEALAND NZSE-40 Capita) 1.589.23 1.583.26 "ti MANILA Composite Index 1,451.50 1.428.41 +23.o4 I Turnover (mil pesos) 192.0 244.4 -524 TAIPEI Weighted Price Index 4.349.68 4,352.51 -2.8) Turnover (NTS billion) 22.4 19.35 +3,(j SEOUL Composite Stock Index 511.61 514.1 ■2.1 Turnover (billion
        54 words
  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close higher, buoyed by resources
      2086 25 Reuter THE Australian stock market closed slightly higher yesterday, with a firmer resources sector just compensating for a weaker industrial sector, which many brokers believe faces lower earnings. The All Ordinaries Index closed 2.5 points up at 1,639.2. The All Resources Index closed 5.5
      Reuter; Source: Bridge Info  -  2,086 words
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  • WORLD STOCK MARKETS
    • US stocks close mixed in choppy trade
      • Article, Illustration
        NEW YORK
        1415 26 NEW YORK stocks closed mixed in choppy trading on Wednesday as com-puter-driven sell programs and some profit-taking erased opening gains and halted the Dow's four-day rally. The Dow Jones Industrial Average, which jumped 21.08 points on Tuesday, gave back 12.97 to end at 3,345.42. Among the broad gauges,
        1,415 words
      • Article, Illustration
        LONDON
        832 26 SHARE PRICES were steady in trading on the London stock exchange on Wednesday with dealers cautious ahead of a German decision yesterday on monetary policy, including a possible increase in interest rates. At the close, the FT-SE 100 Index of leading shares was virtually unchanged at 2,486.4. up 2.4
        832 words
      • Article
        INDICES & TURNOVER
        75 26 INDICES TURNOVER NEW YORK Close PrvIoh July 15 Dow Jones SAP 500 Turnover (million) 3.345.42 3.358.39 -12.97 417.10 417.68 -0.58 208.31 195.57 +12.74 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.896.2 2,486.4 402.9 1.897.4 2.484.0 372.4 -1.2 +2.4 30.5 FRANKFURT DAX Index 1.734.62 1,734.10 +0.52 AMSTERDAM EOF Index 300.89
        75 words
      • Article
        FRANKFURT
        201 26 THE FRANKFURT stock market marked time on Wednesday, as the DAX Spot Trend Index was up a mere 0.52 point at the close to 1,734.62 points, while the Commerzbank indicator was up 3.30 to 1,944.40. Operators said caution dominated the market in advance of yesterday's meeting of the Bundesbank's
        201 words
      • Article
        Untitled
        307 26 Other markets in Europe, South Africa and Canada Johannesburg July 15 Rand INDUSTRIALS A Alpha 4030 50 AECI 800 AMIC 8600 250 Abercom 125 Amaprop 635 unch BAZ 1300 Barlows 5150 +90 Basil Strk 10 Blwoor 420 70 CG Smith ***** unch Cnagalo 2450 100 Curfin 640 unch Edgars 5700
        307 words
      • Article
        AMSTERDAM
        271 26 SHARES ENDED a slow Wednesday session firmer but continued dollar weakness eased prices off highs. Investors stayed sidelined, drained by speculation on the outcome of the Bundesbank meeting, dealers said. Fears of a tightening in German monetary policy have depressed sentiment. Options-related buying ahead of today's expiry of the
        271 words
      • Article
        PARIS
        163 26 PARIS SHARES edged lower on Wednesday, following French bond prices down on speculation that the Bundesbank might tighten monetary policy at its council meeting yesterday. The CAC-40 Index eased 6.18 points to 1,853.26 on trade of 1.4 billion francs. Traders took some solace from the index's holding above 1,840.
        163 words
      • Article
        MILAN
        167 26 STOCKS IN MILAN on Wednesday recovered some of their opening losses but still closed the July trading account on a bearish note as blue chips came under selling pressure. The MIB Share Index ended down 0.57 per cent to 875. Among blue chips. Fiat dipped nearly one per cent
        167 words
      • Article
        ZURICH
        243 26 SWISS SHARES closed a moderately active Wednesday session firmer after the pace of trading picked up again towards the end, dealers said. Prices, which had moved lower around midday, firmed slightly late in the session. Dealers said the market lacked positive stimuli and turned to routine trading. The All-Share
        243 words
      • Article
        STOCKHOLM
        169 26 SWEDISH SHARES stabilised in weak Wednesday trade after opening erratically and dealers said the market was hesitant ahead of a German central bank meeting. The bourse General Index was down 0.22 per cent at 874.17, while the Top-16 Index was down 0.26 per cent. Turnover was low at 187
        169 words
      • Article
        BRUSSELS
        239 26 BELGIAN SHARES ended slightly higher on Wednesday in thin and almost purely professional trade as the market awaited the outcome of the Bundesbank meeting. The Bel-20 Index of leading shares was up 3.47 points to 1,168.66 with just 105 million francs worth of shares traded. "We're all waiting to
        239 words
      • Article
        TORONTO
        402 26 A SECOND DAY of strong gains in gold shares and moderate strength in. most other sectors pushed Toronto, stocks higher on Wednesday, dealers said. Comex August gold firmed US$2.9O an ounce to U*****.70, just below the day's high, on the back of a drop in the US dollar. John
        402 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar closes narrowly mixed ahead of Bundesbank meeting
      1211 27 REPORTS ASIA Tokyo: The US dollar closed slightly easier against the yen, but firmer against the mark in quiet Tokyo yesterday, with dealers mostly sidelined ahead of yesterday's Bundesbank meeting which could result in higher German interest rates. At the Tokyo
      1,211 words
    • Article
      INTERBANK FOREX RATES
      395 27 Crass rates '<> I USS SS MS Dm Yen SFr AS NZS USS ***** 2.4990 1 4830 125.40 0.5206 1.3410 1.3450 1.8298 < SS 0.6207 1.5512 0 9205 77.8399 0.3231 0.8324 0.8349 1.1358 1 MS 0.4002 0 64 0.5934 50.1801 0.2083 0.5366 0.5382 0.7322 Dm 0.6743 1
      395 words
    • Article
      MONEY MARKET
      537 27 Interbank rates s$ Bid Offer Overnight 3 1/4 2 1-month 2 1/4 2 3/8 2-month 2 *16 2 7/16 3-month 2 3/8 2 1/2 Overnight mode: 2-1/4 US$ Bid Offer Tdays 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 5/16 3 7/16 3
      537 words
    • Article
      Lock icon Greenback free-fall could hurt US, world economy
      327 27 Reuter NEW YORK A US dollar free-fall would lead to higher interest rates in the US and Europe, further strain the European Monetary System (EMS), and ultimately stall the recovery in the US and the world, analysts say. As a result, they expect
      Reuter  -  327 words
    • Article
      FINANCIAL FUTURES
      1491 27 SIMEX EIIHOPOilAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.56 96.56 96.53 96.54 4200 4335 ***** 9' Dec 92 96.14 96.15 96.11 96.13 ***** 6736 ***** 9Mar 93 96 12 96.14 96.10 96.12 6000 4520 ***** 9Jun 93 95.81 95.82 95 80 95.82 3500 2535
      1,491 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Palm oil prices trend down despite low stock figures
      396 28 Reutei KUALA LUMPUR Malaysian palm oil stocks have fallen to a 49-month low but the figures provide little cheer to a market reeling from sluggish demand and prospects of output increases, analysts said on Wednesday. The Palm Oil Registration and Licensing
      Reutei  -  396 words
    • Article
      Lock icon Asia's share of world copper demand to hit 34pc in '90s
      250 28 Reuter TOKYO Copper demand in Asia will continue to grow in the *****, especially in the newly-industrialised economies of South-east Asia, Douglas- Yearly, chairman of Phelps Dodge Corp, told an investment seminar here earlier this week. "By the end
      Reuter  -  250 words
    • Article
      Tin plunges 40 sen on selling pressure
      749 28 REPORTS THE PRICE of tin plunged 40 sen to finish at MS 17.01 per kg on the Kuala Lumpur Tin Market yesterday on selling pressure and buyers' reserve. Dealers said the local market was influenced by the lower London Metal Exchange overnight which
      749 words
    • Article
      PRICES
      1598 28 Rubber MS Cwlit; rirtmgi (htm dmit m at If) KSS 1 CwHiatf (S cents/kg) Cose Volume Open Month High Low Sett (tonnes) Interest Aug 92 142.50 142.50 142.50 325 2^250 Sep 142.75 142.50 142.75 350 6.000 Oct 142.75 142.00 142.50 550 4.025 Nov 142.75 142.00 142.50 550 4,100 Dec
      1,598 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1030 28 BUSINESS TIMES Toll free Tel No: 737 0043 -Fax No: 734-3606 TAT LEE BANK LIMITED Pursuant to Article 6(1 Ha) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at June 1992, regarding the beneficial ownership of the issued share
      1,030 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    787 29 mm -g|5gar-SS —i3so wi* H MaIMM GA976 0115 MH631 1520 MH630 0950 GA890 0150 MH629 0035 MH602 0700 GA970 2205 0605 SQ102 0730 fchM* QF81 1955 QF82 2205 MH630 0655 MH604 0740 SO227 2230 SQ103 0950 SQ104 0M0 kmtm+m KL837 1255 SQ320 HM Jjgg <£$6 1045
    787 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Taking a big bite of the Big Apple
      670 29  -  LETTER FROM NEW YORK By Bryan Miller Cm HE Amen- w can does not I drink at JL meals as a sensible man should. Indeed, he has no meals. He stuffs for 10 minutes thrice a day," said Rudyard Kipling. This observation,
      670 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      149 29 As at 10am yesterday: Local dollan to oae unit of foreign currency Currencies Bid Offer Australian dollar 1.1922 1.2085 Canadian dollar 1.3361 1.3632 NZ dollar 0.8712 ***** Sterling pound 3.0825 3.1242 US dollar 1.6080 1.6140 Local Mm to 100 antes rffajpwgg Austrian schilling 15.28 15.60 Belgian
      149 words
    • Article
      WORLD TRADE EXHIBITIONS
      60 29 Duration Title Venue Organiser Td Aug 16-18 International Munich. (49) *^5024Fash ion Fair Germany Munchen GmbH 570 (fax) Aug 16-19 National Chicago. USA Reed Exhibition (D61"7/630Hardwarc Show Companies 2222 Duration Title Venue Organiser Td Aug 22-25 International Frankfurt, Mose Frankfurt (49)69/***** Trade Fair for Germany GmbH Consumer
      60 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      36 29 What's theprice for a united Europe? Exactly the same when you fly to any one rf Fim£r'ii36 Europeandestination*. Check with your travel agent or call *****77 for more details. W. know Euro** frwa *«rt to PtenUh
      36 words
    • Advertisement
      Page 29 Advertisements Column 2
      527 29 M Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 SOUTHERN PACIFIC CONSTRUCTION CO. PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) Notice is hereby given pursuant to Section 308 (2) of the Companies Act. Cap. 50. that a Final Meeting of the members of the abovenamed company
      527 words
    • Advertisement
      Page 29 Advertisements Column 3
      132 29 IN THE MATTER OF THE COMPANIES ACT, CAP. 59 CHINA JEWELLERY CURIOS PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) Notice is hereby given pursuant lo Section 308 (2) of the Companies Act, Cap. 50. thai a Final Meeting of the members of the abovenamed company will be held at 10 Anson
      132 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      238 29 A way maternal care can —LX— be quite overwhelming '9 The person giving voice in A safety device ;11 Send out without a drink HMRL--|^' ""12 Flags and turns pink (7) —\mr~ —R*LJiJ—" 15 In the Orient nets are used differently (7) nevertheless (5) in/that's to wear (4) f -19
      238 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      159 29 Singapore Oatkwk: Showers am several areas la the late noraiac and afternoon. Report Maximum temperature 30.3 Assoc humidity 71% Minimum temperature 24.2 Assoc humidity. 92% Hours of sunshine 2.35 Rainfall in mat. 2.1 Rainfall this month. 78.6 Rainy days this month. 7 World rapon Asia-Pacific Hl/Lo* Coad. Auckland 12/07 Cloudy
      159 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      26 29 iSEJPBTHSSaSiBI /Dosl 'T BE tooled gong through Holv uxW ftT CMPvP CM2R TUCge'J UxpKK NS, f y/ *€.€*l u>or< so past.,.. C A—OCUTB) NEWIPAfCT* LTD.. 1»0-1««
      26 words
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  • Article, Illustration
    Lock icon Clinton rides on nomination to pull well ahead of Bush
    546 30 —naf 'New captain' wins Democratic nomination UPI Reuter AP NEW YORK Arkansas governor Bill Ginton, hailed as a "new captain with a new course" for the US, swept to the Democratic presidential nomination on Wednesday as a new poll showed
    UPI; Reuter; AP  -  546 words
  • Article
    Lock icon Israel freezes new building in occupied lands
    221 30 Reuter JERUSALEM New Israeli Housing Minister Binyamin Ben-Eliezer has ordered a freeze on signing of contracts for building in the occupied West Bank and Gaza Strip. "All Fve done up to now and I don't intend to apologise for this is to stop
    Reuter  -  221 words
  • Article
    HK liberals squash proposal to change electoral system
    424 30  -  Fran Catherine Ong in HONGKONG A CONTROVERSIAL voting plan proposed by the business and pro-China factions of the Hongkong legislature was defeated by liberal politicians yesterday. Ending a marathon session at 3.21 am on Thursday morning, the legislators voted 28-23 against the
    424 words
  • Article
    Lock icon China to push for double-digit growth for rest of decade
    321 30 Reuter BEIJING In a victory for Chinese reformers led by Deng Xiaoping, China announced yesterday that it would push for double-digit economic growth until the end of this century. The forecast for gross national product (GNP) growth this year would
    Reuter  -  321 words
  • Article
    Sino-British talks on airport project stalled again
    232 30  -  From Catherine Ong in HONGKONG OFFICIALS made no breakthrough in a new round of Sino-British talks on Hongkong's HK.SI64 billion (5534.1 billion) airport project yesterday. Anthony Galsworthy, a senior British representative on the Sino-British Joint Liaison Group Airport Committee, said a series of
    232 words
  • Article, Illustration
    Time to re-examine ERM's philosophy
    706 30  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist YOU would have thought that such sophisticated statesmen as the leaders of the European Community would have realised the most profound truth in politics: nothing lasts forever. But the Exchange Rate Mechanism
    706 words
  • Article
    Lock icon Beijing ready to meet Hanoi on Spratlys
    230 30 Reuter BEIJING China may negotiate with Vietnam over a disputed island chain but does not want to involve other claimant countries in a multi-lateral conference. The Spratly islands had been part of China since ancient times, foreign ministry spokesman Wu Jianmin told a
    Reuter  -  230 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      290 30 Nikon The World's Finest Photographic System IF Keppel Finance Limited (Incorporated in the Republic of Singapore) Renounceatole Rights Issue ("Rights Issue") by Keppel Finance Limited ("KFL" or the "Company") In respect of 22,918,800 new ordinary sharee of $0.50 each In the capital of Keppel Finance Limited at $1.10 per new
      290 words
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      Page 30 Advertisements Column 2
      6 30 •Stocka lake a kaock, Pg 24
      6 words
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      Page 30 Advertisements Column 3
      89 30 Nikon] The World's Finest Photographic System j sTOfe CONVERSATIONS 1 RAFFLES "Bernard Levin who, as far as I know, knows nothing about Singapore whatsoever launches those occasional attacks on what goes on here on the basis of I don't know what Information." I mB It's this kind of comment that
      89 words
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  • SHIPPING TIMES
    • Article
      Maju Boustead on an expansion drive
      414 31  -  Company to shift to a bigger office, recruit more staff By Dexter Lee SINGAPORE Four months after coming under the Maju Group of Malaysia, Maju Boustead Shipping has embarked on an aggressive expansion drive ahead of major principal Hyundai Shipping's launch of a Far
      414 words
    • Article, Illustration
      SLA sets up separate cargo unit
      371 31  -  Move is to tap sector's growing importance as a revenue earner By Diana Oon SINGAPORE SIA has set up a separate cargo division within the airline from this month. This follows cargo's growing importance as a revenue contributor, accounting for 18 per cent or
      371 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1176 31 Pace Col ABC Containerize 12 I Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 Anglo Orient 16 1/2 •ANL 3 1/2 •APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 •ASXCL
      1,176 words
    • Article
      Unithai Shipyard will enjoy tax reduction with new rule
      322 31 BANGKOK THE import duty reduction on floating docks will benefit Unithai Shipyard and Engineering Co (UTSE), the operator of a shipyard at Laem Chabang Commercial Port. Company sources said import tax reduction, which has become effective from June 25, had saved
      322 words
    • Article
      Indonesia enacts law on traffic, land transportation
      266 31 JAKARTA Indonesia's House of Representatives (DPR) enacted the draft bill on traffic and land transportation into law after all four member factions gave their approval, a senior legislator confirmed yesterday. "The factions had thoroughly studied all aspects of the new traffic act and
      266 words
    • Article
      Keppel Integrated unit wins Myanmar contract
      163 31 SINGAPORE Keppel Integrated Engineering's (KIE) wholly-owned subsidiary, Sea Scan International Pte Ltd, has secured a $5 million contract to supply materials and equipment for the construction of five timber carriers in Myanmar. Amidst international competition, the company won the Myanma Timber Enterprise project. The
      163 words
    • LOG BOOK
      • Article
        Air India gets US bank to buy Boeing planes
        103 32 WASHINGTON The US government's Export-Import Bank signed an agreement on Wednesday to guarantee loans of US$6OO million (***** million) that will enable Air India to buy four new Boeing 747-400 airliners. "This is the Eximbank's largest authorisation for India," said bank
        103 words
      • Article
        Air France passenger traffic up
        121 32 PARIS Passenger traffic for Air France and its UTA unit rose 115.7 per cent in the first half comparedwith the year-ago period, a spokeswoman for the state-ownedairline said on Wedrisday. The spokeswoman said passenger traffic in the first half of 1991 was hit by the
        121 words
      • Article
        Aden turns away wreck survivors
        127 32 DUBAI Fifteen sailors and passengers rescued from a sinking ship in the Red Sea were barred from landing at the Yemeni port of Aden, the captain of the German vessel which picked them up said on Wednesday. "These people are refugees but the authorities just
        127 words
      • Article
        Nedlloyd air agency to be sold
        88 32 ROTTERDAM Dutch transport group Koninklijke Nedlloyd Groep NV said its airline agency unit Aeronaut would be taken over by Amas Holding BV, a Dutch transport unit of Swedish holding group Forvaltings AB Ratos. Aeronaut, with eight employees, has agency offices for freight and passenger
        88 words
      • Article
        Indian coal carrier refloated
        56 32 LONDON The Indian-flagged Har Rai was successfully refloated today and anchored 6.4 km from Porbandar breakwater, India, Lloyd's Shipping Intelligence Service said on Wednesday. The 41,438-dwt vessel ran aground on June 16 and was forced to offload some of its coal cargo in order to be
        56 words
      • Article
        Qantas to buy 2 Boeing planes
        49 32 SYDNEY Australia's state-owned Qantas Airways Ltd said yesterday it would buy two more Boeing 767-300 extended range (ER) aircraft, each costing ASI3O million (SSIS6 million), from the Boeing Co for delivery in August 1994. The aircraft will replace two smaller Boeing 767-200 ERs.
        49 words
    • Article, Illustration
      Lock icon China widens horizon
      1280 32  -  Air China is upgrading its fleet to vie with international mega-carriers, says Paul Proctor Paul Proctor Aviation Week Space Technology AIR CHINA is midway through a US$2 billion fleet modernisation programme and is adopting Western-style operating and service practices to better compete with world mega-carriers. The shift
      Aviation Week & Space Technology  -  1,280 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      399 32 Catai My 9 D"** M/M Exxon KG/M*3 fV/VtM/MtM/M PPM method BO/Omc M ts Spec E25 991 10 15.0 0.10 30* 0.10" Spec G35 991 1.0 18.0 0.15 300.10* Nwltwin Liroi 180 Ave 984 0.3 13.9 0.06 10 0.02 180 Mu 998 2.S 17.3 0.14 42 0.08
      399 words
    • Article
      THE SHIPPING GUIDE
      9357 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. legend PN: ship calls at Penang after
      9,357 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        470 47 fen4 <HyN> Barth ktM Dyartft M&fHmi Terminal 1 Btm Bahapa *****2 M03 alongside 17.07/2300 Chvoensappa 06/92 M02 alongade 17.07/0300 Hongzhan 9236S M01 alongside 18.07/1500 Sahatat Muk *****2 M05 alongside 17.07/0500 Aunesuyu 754 03/92 M05 17.07/1200 17.07/2000 Batam Murm *****2 M04 1707/1000 18.07/0500 Batam Sayaiw *****2 M05 17
        470 words
      • Article
        CONTAINER SCHEDULE
        1787 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Boofcrt/Batance Rrib St«p Voy No Etb/Btr Pwiod From To From to Dasy 28B 17/2100 1 16/1500 16/1659 16/1900 2 16/1700 17/0659 17/0900 Anders Ms 9210 20/0600 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700 Anro Asia ***** 17/2359 1
        1,787 words
    • Article
      TRANSPORT DIARY
      1017 48 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 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
      1,017 words
    • Article
      DAILY FREIGHTS
      343 48 FREIGHT rates were steadied on Wednesday by a firm US Gulf/Japan market, brokers said. The Baltic Freight Index (BR) rose two points to 1,059. A panamax was reported to have been booked from the US east coast to Japan at US$lB.5O. The US Gulf/Japan route was marked up
      343 words
    • Article, Illustration
      Over-capacity, low yields hit air cargo industry
      535 50  -  More players enter Singapore market By Amir Khalil SINGAPORE The air cargo industry has been hit by a patch of bad weather excess capacity and falling yields. According to Mr SJumari, managing director of Hill Delamain (S) Pte Ltd, a freight forwarding company
      535 words
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      Lock icon Germany to privatise railways to avoid financial disaster
      483 50 NYT BONN Acting to stave off financial disaster, the German government said on Wednesday that it plans to convert the nation's two state-owned railroads, which face huge losses and debts, into public companies by the year 2002. The privatisation will be the
      NYT  -  483 words
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      Lock icon American Airlines posts US$166m loss
      432 50 Other US carriers also likely to show losses in second-quarter NYT WASHINGTON American Airlines' parent company said on Wednesday that it had lost US$l66 million (***** million) in the second quarter, largely as a result of special charges for a suspended reservations project and settling
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      Lock icon CSX Corp to take US$699m charge to reduce train crews
      291 50 Reuter RICHMOND CSX Corp said that it will take a charge of US$699 million (SSl.l billion) against second-quarter earnings to pay for labour agreements aimed at reducing the size of its train crews. CSX said the charge, which will come
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      Lock icon Continental Airlines joins price-fixing settlement
      365 50 AP HOUSTON Continental Airlines has agreed to join four other major airlines in a US$45O million (***** million) settlement of a price-fix-ing lawsuit involving more than 12.5 million past travellers. While admitting no wrongdoing, Continental said it will join American, United, Delta and USAir in
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      Lock icon Virgin's South African service postponed in air slot row
      244 50 AFP LONDON Virgin Atlantic Airways has postponed its plans for a South Africa service in a row over take-off and landing slots at Heathrow airport, the British company announced. The airline was given official approval to start scheduled services between London
      AFP  -  244 words
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      8 31 MM ihtw iSIU For com Tim* Tel 740-2089/74^090
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      112 31 Chinese airline seeks to widen horizon, Pg 2 Singapore air cargo hit by overcapacity, Pg 20 s ,V*l. -.tt-v. t 'y BSk ">*.*£%*-'^' •y \7.. >■'"-* -y-v J v/". *f' ,1 #1 ;|g tM I. v "M* "v —r 1 tit**:, ">:.;•.?•• .V, *y>fo»<U.rt 1 Lr"'* v 4<:"■ v■ -1
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      42 31 the FAMOUS IIM/ttIUM ■BI.WIHI* in 1«33 I For more iaformatioa please refer to Pg. 13 Contam Schedule 17 Daly Fiwehb M Index 1 Stappme 10.11 Stops« Port 17 Singapore Tiki 17 Transport Dory W Veritas Report 2 Weather and Sea Condtaw 17
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      89 32 u O^M< > I I i Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. l" ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
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      2312 33 SQ^ *BOn FA?224MS| ,-t #M flNo BOOKINGS TEL: *****34 *****58 fMTf s^i^ L^^ a [pj PORT KELANG TEL: *****1S FAX: *****91 ***** M —3T PENANO TEL: *****4 FAX: *****1 CFS TEL: *****6 Mmmmmm Dedicated to Quality Service ipoh tel: *****3/4 fax: *****0 UUUULU P.QUDANQ TEL: *****2/3 FAX: *****4 Lwi «n
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      883 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT i IS WL/WT aw HYC 1 BAI OKf SA¥ "I ISi MNMf] U/» IV> 14/1 111 I I sunt ran an vm vw t/a va ■■Mm an n/M n/n a/a ara ■MM mi
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      1349 33 ■UMfiHiHUWIC 2 SAILINGS TO NEW YORK ANDERS MAERSK V.9210 ETA Singapore 20/7/92 ETA New York 20/8/92 (VIA ROTTERDAM) MAREN MAERSK V 9210 ETA Singapore 21/7/92 ETA New York 23/2/92 Vmm Mr |IT« ETD|Na*r"bv I -t 1 DESTINATIONS Learart/Artaa TNa weak Maran Maarak 92i0 cy tin 0900 hrs Pwi H CFB
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      1591 34 I I HOECHST EXPRESS 04/328 19/7 5/8 7/8 10/8 11/8 rl. '1. I I I I HAMBURG EXPRESS 09/129 23/7 1/8 15/8 11/8 10/8 fc-3 I II I HANNOVER EXPRESS 09/329 26/7 12/8 14/8 17/8 18/8 tiBIBSUE/tiWWI I I I I KURAMA 17/130 30/7 8/8 22/8 18/8 17/8 5 ,-I
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      498 34 1 EXFMM TO PAW* MEW OU—* I chkfoo vm rtmt ross/mom/mmo/ran LAI/MAO ALAM T ALAMO VM WH ROSS/MON/NOMO/RAN KM/UI/WWK (LCL B/BULK) T/S: ALOTAU, OROBAT, KAMENG acceftmg La for mam ran discharge PORT KELANG H C. TIL *****01/4 INDIAN OCEAN AND SOVTN AFRICA REGULAR SEM-CONTANR SERVICE vtssa gag na iommsb for
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      1427 34 WESTBOUND TO EUROPE ML/WV m AL6 BCL NRM ME ROT ANT FB IMA (VM (VM (JB NORASM MUBARAK 0220-3 21/07 11/00 13/4o 19/00 5/00 17/00 10/00 10/00 20/00 NOBASA AL-RMNSOOBAN §221-3 24/07 17/00 10/00 20/00 21/00 22/00 23/07 24/07 23/07 NORAStt SIM §222-3 01/00 25/00 27/00 20/00 20/00 20/00 30/00
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      1877 35 STRAITS SHIPPING PTE LTD 10 Km Chiang Itoad #11-01 top** Tmmt ll«[—n 0208 T«fc *****51 F«c *****17 stom CMtO MMUON VOI3S/014N lt-21 NIT 22-23 MIT SSfliSiS" te-r. SV" 17-19 M TOM 71 M KOTABMTMK V.KBT2SS/WT2W 13-29 «JJ STKMTS VENTURE *1* kk»>. Lab. RK 21-22 M 23 M 24 M ESTIBNUGGE
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      1116 35 SINGAPORE AGENT: MfiHk PjSiA pAntaiflWC P*o Contains (Singapore Pta Lid X VLV/ \jUllltllllvl 9 10 Hoe Chiang Row) #07-01 KEPPEL TOWERS. SINGAPORE 0206 Tat: 225 2233 Tal«C RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z GOING DOWN UNDER? LOOK NO FURTHER JUST LOOK UNDER! Qpp| Australia Straits Container
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      556 36 [■-'-'""""'■'Hl CB MM **********0-0 EXPRESS SEMI CONTAINEIISHIP SERVICES •i TO EIIMK ttl/KOT STOK MMM/MMM KMC MDO MTIKV MTMUM/32N8 IS-23/7 21/t 25/1 4/9 FACT TRANSIT TMC •4 ACCCPTWO MEAKBULK/CONTAMEIMED CARGO Bu>|acl Indue—>nt Alao nciplhig carfo to CiwMwfi. fart Md, Port Alexandria, Qanoa, Trt—«a. ALSO ACCEPTMG CONBEMTIONAL CMCO VU T/S TO UK
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      1212 36 HANJIN aiIPHNG en m SM HE MM. 108 0M FM OL M IIM HML Ml II it MMM OMLMB UK 11/7 MBCT 9/1 12/1 NMM OEM 08C 20/7 MB RBRTIZX 27/1 2M Wl SLONaEMM SW 26/7 MKT 16/8 19/1 MMB KMMTMB NIC 27/7 H. SAMMM U3I VI 4/1 6/1 MMM
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      1102 36 JTxW jJj■ T J I 111 MM I4H n/7 3/7 5/7 5/7 5/7 *VI °VI "t/I T/l M/l 21/1 t/l VI l/l IV* M/l 17/1 U/l IV* 8/1 VM U/ll M/ 111 111 BLUMT K-IH a/7 8/7 VI VI 7/1 IVI 11/1 IVI 14/1 IVI 17/1 21/1 VI 11/1 U/l
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      1807 37 >5 NEPTUNE AGENCIES PTE LTD SINGAPORETEL *****77 (CB NO: **********06) SOOWNGS (FOR ALL NOL SERVICES) <TOU FReC) USA SERVICE TERMINAL OFFICE *****22 mm mm FAR EAST BERVICE 27*7100 IMPORT CFS FO: *****00/*****06 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS Ft: *****53/*****50 AUST/INOIA/PAK SERVICE NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33. P.MMihHO3) *****67. Panane-(04)
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      Page 37 Advertisements Column 2
      1053 37 SINSOV i SMGAPORE SOVTT SI6PPM6 CO PRIVATE LID B00KM& *****51/ *****64/ *****06 (FESCO LME) ENQUMES: *****33 MARK MSUtANCE SERVICE: *****17/ *****57 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA; *****57 PENANG: *****4/ *****6 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERBHIP SERVICES EMTMQ-BttCIHIMK reiUMP-LOMBK IWWBffHP W WHBMH mtmtt m |0B
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      1217 38 w tj* AS AGENTS: KAWASAKI SINGAPORE (PTE] LTD (CR No: **********0 M) mm W T Y7l TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****07/0(9 I I T M. MALAYSIA: 'IT UNE MAHTME (MALAYSIA) SDN BHD M V JL M-J TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD
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      Page 38 Advertisements Column 2
      791 38 ,->\fs£ mU-OHKNT UHtS PTC LTD I V* sssassssrsassrau™. I M FOR you MEMBER OFStNOAPOBEFBEIOKT FORWARDERS association .mamrramoFfc 27 JUL 1 iTiinMuiiiiiniiaaiaaMMß tB gs^~ l IS 55: ANTAFAGESTA. 3UAKXJLA, BENUEBOmJRA unvp£>*r** M tAV,AJW T KULCL MBtvtcg r isjol BUCHAREST AND ALL EUROPE INLAND DESTINATIONS 24 JUL GENOA, MARSEILLE. BARCELONA. _J L-
      791 words
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      1876 39 Shipping Timet, Friday July 17 MB —o PACIFIC INTERNATIONAL LINES (PTE) LTD mt M 140 Cecil Street, #03-00 PIL Building, Singapore 0106. T#l: *****33 CR NO: **********0E MM VESSEL VOY «N JKT «N EQUATOR CRYSTAL ISM «/7 IVT SS/7 KOTA MO AH 201 W7 SI/7 1W SRMAMUT (THAI FLAG) (MMN
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      822 39 p p. GUDANG PENANG PKELANG OCEAN VSL/VOY SIN SOU (1) HTM (2) HAM (3) GOT (4) E 17/7 17/7 18/7 AROSIA 2282 21/7 7/8 9/8 10/8 12/* 24/7 24/7 28/7 NIHON 2292 28A7 14/8 16/8 17/8 19/8 0 31/7 31/7 1/8 BENARTY 2302 4/8 21/8 23/8 24/8 26/8 E 7/8
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      272 39 A NIGERIAN NATION At SHIPPING LINE NKEMA EXPRESS SERVICE WVERMCPAN V« SINGAPORE a* My I eta 1 I mm IS AMI Port Hroowrt 17 Aug Calabar It Aug I •BSA° TRANSPORTATION mm MYANMA wBDk FIVE STAR LINE (Myanmar National Line) Loadmg for Yangon (Rangoon) Spore PJUc Pen P.Gdf PAGAN VI
      272 words
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      1757 42 Conventional Semi-Container Liner Services o s c o 1 ()(I 1 s nn>ri\(. (o\ir iC 'f'nr a n] 'i i£;-r-Td: 33/2441 (4 lines) Fx *****51 toe FRETERRS***** he UL (West Alrca only) fd: *****88 Fx *****16/*****66 toe RS*****EVSTAR Entwrprisa Co LU 62 Cecil Street T.P.I. Building *02-40 Singapore 0104 Fd:
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      Page 42 Advertisements Column 2
      287 42 r== 55S mmm (si rn in IS McCALLUM STREET #03-01/03 NATWEBT CENTRE J tlngnTi IW Tatac R*****0 Tat *****1-3 Fax: 229 4SM, 227*130 for bookmos call direct UNE TEL: *****41/*****43 W*/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1036 25/07 (SAT) 28/07 (TUE) PRELUDE 909 18/07 (SAT) 21/07 (TUE) LAWAMTI 970
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      585 43 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PKEAUS 19/7 ROTTERDAM 8/7 WUFA/ASHDOD/ALEXANDRIA 19/7 HAMBURG/BREMEN 19/7 MARSEIIE/FRANCE 19/7 FEUXSTOWE/UK 19/7 BARCELONA/SPAM 19/7 LOUVRE/ANTWERP 19/7 GENOA/ITALY 19/7 GOTHENBURG/SCANDNMA 19/7 LOS ANGELES/WC/PI 19/7 SYDNEY/MELBOURNE 19/7 NEW YORK/EC 19/7 FREMANTLE/ADELADE 23/7 VANCOUVER 19/7
      585 words
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      549 43 Hfl (S) m LTB 880 fax: asrns/anM? > BM TEL**: RS 98SS3 M6MP (3 URM) \i§S ETHHPUN SNVPM LKS f (National Lines «f Ethnpia) ACCEPTING FCL AND CONVKNTIONAL vessel Ivor eta |uwawarow MM abyot dm mam NET3AMET fTVM SMS OIWMMJMMtiONBAtA. OJtX/Tl g KIEN HUNG LINE FULLY CONTMBKD FORTNKHTLY LIO SERVICE
      549 words
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      329 43 K I SP IT/B WW K B I—a—m lias a/ty a/a 7 —uimmm ww mi it/t? mm g/w K B I aw I a/i 7 m/w m»—r»» w mm wb —i zyw K I MMM 8MM»» 1118 MM g/f7 laa WW V ■I— —i I m I is/t7 1 2*
      329 words
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      288 43 ra-srar i mma vot m mm a MB BBS aa 11-11/17 R-Z7/47 41/42-44 nsn zm a a/« a- a/47 mm/m ma an nm tuvn n-nm mmm ma on m a-wr 4mc/b 11-12/B VM. VOY ■WMWWACMCUTTVBWWII cm VOT M CM. w uom is u-24/47 24-34/47 4M4/b MB MB ISXM 25-24/47 41-45/44
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      1142 44 *!*§|MAC-NELS groupage -•Nr/V- JPENANQ: (04) *****6 SIBU: (064) *****0 KUCHINGfc (062) *****3 W V P.KELANQ: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK [60TH/U.K/MED PORTS *N PW. Sfl PEN PK S* 9/7 20/7 21/7 Hm| K«m Idn/Fta/Mm/Ant 24/7 2S/7 26/7 !2/7 23/7 24/7 HMg K«m fiWg/ClNfaii/SlNtai/O* 19/7 20/7 21/7
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      226 44 BLUE STAR LINEII smoapoue to and prom NEW ZEALAND AND PACffIC ISLANDS k in a N Z STM VRS24 h Nrt 29/7 Jl/7 17/1 PBB VIM 31/7 11/1 IVt M/l MUUEM 2tS 14/1 21/1 2t/t 14/1 FULLY CONTAINERISED SAILINGS DISCHAROINQ AT AUCKLAND, LYTTELTON, ACCEPTINO PCL k LCL FOR NEW PLYMOUTH,
      226 words
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      1055 44 THONG SOON UNES PTE. LTD. I JEf 77 ROBMON RON) #15-00, #16-40 Stt BULDMG SMGAPORE 0106 TEL: *****11 FAX NO: 227H11, *****22 Wtß* TLX: IB 2S2M CMMER. RS ***** JENHOL CANE: IOSOCO I SINQAPORI TO WMT MALAYSIA SINGAPORE TO WEST MALAYSIA ipsa low lira |wt mm litr \*m If.aißi KM
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      711 45 i'iiiffiiig i linos, rnujf ipmij mwwm WeA, de vapores "PERUVIAN STATE UNE" ACCETTUG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAJt, I.o* I OTHER PERUVIAN PORTS* HIH T/S AT KOBE ON CfV THROUGH BU OF LAOM6. W9k"EVERETT ORIENT LINE" MP AN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREARBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOVA, MO A,
      711 words
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      392 45 m JjM |^l| fca>a« tmklMIM CmOiw. C«M Mu mi U* Cjm* AISTRALIA SERVICES h** aTaaeaoa* na lu/7 T» I u/« nn m wow nn 121/7 n/« I I I tStAEI/TYtKMEmAII SERVICES «t«i wt m nn oai ro 88 m MEuouRME asm u/i in in JM u/i m kaohsms 133 a
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      Page 45 Advertisements Column 3
      620 45 re*— SMPPMPTE LTD II MIDDLE-EAST/PERSIAN GULF OLiUIWO KtACL DUBAI. DAMMAM SHARJAH DOHA. MUSCAT. BAHRAM. ABU OHABL BANDAR ABBAS. KOOAH FAR EAST ACCVTMQ FCL/LCL PCNANG. P/KELANG. JAKARTA BANGKOK. HONG KONC. TAIWAN JAPAN. MANIA. KOREA UK/EUROPE ACCCPTMQ FttACt LONDON. FELIXSTOWE, LEEDS. TLBURY. AfIEROEEN. LE HARVE. HAMBURG. ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN I ALL
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      350 45 NMTM.Y MKCT CHUMO SEWICE SIN TO ALGERIA DIM CHUM WkKUI/LMKIU IS.: FKITU IT* UN Rl met wtuLT carun stmct SIN/MADRAS/SIN MTITIMBMOT Tk ASIM/MSTMLU/FJUt EAn/MMTOWUMi/OHPt WEEKLY CONVEimiIIAL SUVICE SIN TO CHINA WIULT COimRTKMU KIWI MADRAS/COLOMBO/ ROMRAY/KARACHI WtEKLT COKYUmSMU SUVKI EAST AFRICA/RED SEA/ MEDITERRANEAN Rapid NEXT LOADER TO: 21/7/92 FREEDOM CNTR V.FC2O3S
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      Page 45 Advertisements Column 5
      414 45 Si Fit BUT 20/7 KEELUNG/KAQHSIUNG 21/7 BANGKOK 19/7 MANILA/CEBU 19/7 IAKARTA/BELAWAN/SURABAYA 19/7 PORT KELANG/PENANG/E. Malaysia 20/7 BUSAN 19/7 TOKYO/YOKO/KOBE/NGO/OSA 20/7 HONG KONG SIN CtIWM 20/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN /SHANGHAI XINGANG TIANJtN/QINGDAO/HAIKOU also accepting LCL cargo m gmm 25/7 LDN/FLX/LVP/SOU 25/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary /Roumania /Poland
      414 words
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      872 46 ECONOLINESA Tune Space Pilot for World Trade Navigation since 1979 EUROPE your STRENGTH and HOPES 'sssztessstd. |£c«s?.'s?£sw« r I total demands in shipping for carrying your with in bowe service and Kouber goods from door to door tincig for home dchvenes at cost saving. 1. Austria 71 places 1. Aarhus
      872 words
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      Page 46 Advertisements Column 2
      434 46 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO— AUCKLAND 28 JULY ACCEPT** TO ALL PORTS M NEW ZEALAND BANGKOK tt JULY JAKARTA 20 JULY PENANG 20 JULY POUT KELANS 23 JULY MELBOURNE 20 JULY I SYDNEY 20 JULY I FELIXSTOWE 25 JULY HAMBURG 25 JULY
      434 words
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      Page 46 Advertisements Column 3
      443 46 Next Week's Sailings To: ETD To ETO Slagapore Siagßpore Rotterdam 25/07/92 B—gtok 25/07/92 Antwerp Los Aageles 24/07/92 26/07/92 Colombo 25/07/92 fk Singapore Tel: 778 6522 CtmL Fax:*****38 Affft Johore Tel: 07-*****8 S||9 Fax: 07-*****3 Alfred Ng I 77QAA/STL/A//C i N C P C i CffTMH/ hri I 0 U 0
      443 words
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      Page 46 Advertisements Column 4
      382 46 FCL/LCL SERVICES MANILA ETA VIGOUR S'PO«E 31NB 24/7 VIGOUR PACIFIC 67N8 31/7 BANGUI 19/7 26/7 BUSAN 20/7 27/7 HONGKONG 19/7 22/7 USA 20/7 27/7 PT LOUS/DURBAN 24/7 6/8 KEELUNG 20/7 27/7 I PT KELAWC 22/7 26/7 OSAKA 19/7 26/7 PIRAEUS 21/7 26/7 KOBE 19/7 26/7 JAKARTA 21/7 23/7 CEBU 24/7
      382 words
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      101 47 m-IiIULU; WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY RUSSIA BELGIUM IRELAND SWITZERLAND BULGARIA ITALY SPAIN DENMARK NORWAY SWEDEN FINLAND NETHERLANDS TURKEY FRANCE PORTUGAL TECHECHOSLOVAKIA GREECE POLAND UNITED KINGDOM GERMANY ROMANIA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LINE 273-0466 YUSEN SEACARGO
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      Page 47 Miscellaneous Column 1
      457 47 TIDES AND WEATHER TODAY'S TIDES (hettit in metres) j HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 ******************** 1500 1600 *****300 1900 2000 2100 2200 SOO JR 3.1 3.0 2.7 2.1 1.5 1.0 06 04 0.4 06 1.1 1.7 2.2 2.4 24 22 1.7 1.2 0.9 0.8
      457 words
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      298 48 1 IffiV LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO SHANTOU 2 SAILINGS PER MONTH VESSEL ETA
      298 words
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      Page 48 Advertisements Column 2
      369 48 COSCO ukc fIBKBMUMH VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdem/Antwerp CHB6A COWVEHTTOWAI SERVICE VESSEL PKL PNO P.O. LOADtNO FOR: QING RONO 12/07 Ouangitiou/Huangpu COSCO FULL COHTABMR SERVICES (FCUFCL) EXPORT TO: CHatA/BANOKOK/HOMOKONQ EU*OPE/CO6fTWENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OULF/KARACHI Please '<*« above mentioned services to China
      369 words
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      Page 48 Advertisements Column 3
      380 48 I When High-Tech Companies need personnel, It aiy The Straits Times 0 they plug into APPOINTMENTS Service to 3 If For more information. Competitive rates ami reliable serviceX 1 cmmif ld m ltd Call Our Customer Service At Tels227-4788. |A| SKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building,
      380 words
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      Page 48 Advertisements Column 4
      150 48 OCEAN LINES SINGAPORE SINGAPORE COLOMBO FCULCL FREIGHT COLLECT AND PREPAID ARE WELCOME we atso accept cargo tor otner oesonaoon worwwwe Co-Loadere Are Welcome |n|jl|j||||| j|||^ SMBUORE: Tat 542 7033 Fac 545 4827 Andan Tat *****30 tac *****95 9mm Tat 447 2667 Fk *****12 Kdy COLOMO: Tat *****3M***** Fk *****5 Mojaat
      150 words
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