The Business Times, 23 July 1992
1992-07-23
1
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The Business Times
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Title Section16 1992-07-23 1 Business Times MITA (P) 35/12/91 Thursday, July 23, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*16 words
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NEWS SUMMARY
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59 1992-07-23 1 WASHINGTON Federal Reserve Board chairman Alan Greenspan said the Fed was not considering redefining M-2 to account for its apparent new relationship with the economy. In testimony before a House Banking subcommittee, Mr Greenspan also said that long-term rates could fall further if inflation59 words
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Article57 1992-07-23 1 LONDON Britain's current account balance of payments deficit rose to £722 million (552.238 billion) in June t'om the £630 million in May, the Central Statistical Office said yesterday. Meanwhile, letail sales fell 0.2 per cent in June from May after rising a revised 0.4 per57 words
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Article35 1992-07-23 1 SINGAPORE'S affluent class out-did all other Asians in maximising their investments while the Hongkong Chinese were Asia's top earners, a recent survey sponsored by the Hongkong-based Far Eastern Economic Review showed Page 335 words
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Article27 1992-07-23 1 CHINA announced new restrictions yesterday on fishing in its offshore waters, including the disputed South China Sea. said the official China Daily newspaper Page 827 words
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Article54 1992-07-23 1 THE Organisation for Economic Cooperation and De\elopment yesterday projected its highest jobless level since 1983. Despite expectation that economic growth will advance modestly this year, the number of unemployed people in the major industrial nations is likely to rise this year by two million to almost54 words
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Article32 1992-07-23 1 THE International Olympic Committee is considering legal action against American Express Co over its alleged "ambush" marketing campaign to attack its rival Visa, an official Olympic sponsor said. Page 1632 words
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Article33 1992-07-23 1 THE US has become a "war zone" for tanker operators since the introduction of the American Oil Pollution Act of 1990. said Intertanko managing director Tormod Rafgard. Shipping Times Page 133 words
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MARKETS SUMMARY
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Article38 1992-07-23 1 WAI L STREET stock prices headed lower early yesterday, following the lead of markets in overseas financial centies. The Dow Jones average of 30 industrials dropped 15.67 points to 3,292.74 in the first hour of trading.38 words
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Article28 1992-07-23 1 LONDON share prices were lower at midday yesterday. At about 1100 GMT, the FISE 100-Share Index was down 36.8 points, or 1.5 per cent, at 2378.8.28 words
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Article27 1992-07-23 1 KtPPEL Integrated Engineering, which closed its share offering yesterday, has attracted some 45.000 applicants for its fixed price tranche involving 22.5 million shares. Page 427 words
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Article50 1992-07-23 1 INTRACO Ltd has ie-sold its office space on three floors of the NOL Building to Neptune Orient Lines, the building's owner, for $29 million in cash. Based on the depreciated \alue of the freehold property, it will result in an extraordinary gain of $6.3 million Page 450 words
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Article33 1992-07-23 1 LISTED Keppel Corp. with a market value of USS2.I billion (553.4 billion), has become the latest local company to join the ranks of International Businessweek's Global 1.000 Page 433 words
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Article, Illustration29 1992-07-23 1 ednesday Change BT-MGA 698 85 +3.35 Kuala Lumpur ...608.79 +3.63 Tokyo 15.541.95 -460.46 Hongkong closed Sydney 1.607.2. -2.0 Toesday hange New York 3.308.41 +5.41 London 1.831.0 -*-6.929 words
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Article25 1992-07-23 1 Exchange rates L'SS SS I 6110 100 Yen SS I 2832 MS SS 0 6447 Money market rates Overnight 2-1/16 +1/16 3-month 2-3/16% -1/1625 words
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Article37 1992-07-23 1 London Gold AM fix USS357.IO -US$0.30 Rubber S pore Aug 143.50*/kg unch M sia Aug 221 */kg unch KL Tin Turro\er 45 tonnes -41 Spot V1S!6.96/kg +0.43 Crude palm oil 7urro\er l,082lots -523 Aug MS860/tonne +237 words
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573 1992-07-23 1 Lilian Ang - Sector's 20pc jump will add 1.4 points to GDP growth By Lilian Ang SINGAPORE The booming construction industry, the economy's star performer, looks poised for a recordbreaking year $10.2 billion worth of contracts by year-end, higher than the last peak in573 words
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352 1992-07-23 1 Chuang Peck Ming - Asean Ministerial Meeting From Chuang Peck Ming in MANILA VIETNAM and Laos yesterday signed the Asean Treaty of Amity and Cooperation, formally signalling the end of more than a decade of hostilities between Indochina and its non-communist neighbours. The signing, which capped352 words
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Article, Illustration475 1992-07-23 1 Reuter KUALA LUMPUR Malaysia's central bank, having declared inflation its chief enemy, is expected once again to raise banks' reserve requirements in an effort to keep interest rates from falling, dealers said yesterday. "I would say it is a 75Reuter; Chart by TeleTrac - 475 words
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Article81 1992-07-23 1 LOCAL interest rates are low, the stock market is down and no one knows where property prices are headed. So where should you put your money? Business Times has asked some of Singapore's brightest financial brains. And their answers are in our Infesting *92 supplement, free with today's81 words
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513 1992-07-23 1 Shoeb Kagda - By Shoeb Kagda SINGAPORE Singaporebased banks are poised to play a vital role in financing Indonesia's US$7B billion (S$ 125.6 billion) worth of infrastructure projects over the next 10 years. Industry sources told BT that the tight money supply in Indonesia513 words
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Article145 1992-07-23 1 SINGAPORE Tokyo stocks plunged to a six-year low yesterday while steady bargain-hunting in Singapore helped the local market to make modest gains. Index-linked selling and gloom over prospects for the world economy contributed to the 460-point plunge of the Nikkei Average. It ended the145 words
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Page 1 Advertisements
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Advertisement227 1992-07-23 1 Burberrysl J ?%?>#: Reigns when it pours Advertis>ng Marketing 16.17 JM/B»/0*na Stocks 23 IV Radw 12 Avcraft Schedule 29 W-SF 21 Unit Trusts 20 Commodities 28 Money Change Rates 29 Weather 29 Company News Money Market 27 World News 9 Cryptic Crossword 29 Regional News 8 Worid Stock Markets 26227 words
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Advertisement42 1992-07-23 1 More reports on Pg 3: Asean urges restraint in Spratlys dispute Russia calls for talks to limit naval games Rich nations rapped for not concluding Gatt talks Hock Lock Slew: Thai Airways headed for bumpy takeoff on Bangkok bourse today, Pg 442 words
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Advertisement130 1992-07-23 1 TOTAL TRANSPORTATION SERVICES CROWN&RACIFIC 36 Pioneer Roed Singapore 2262 Fax: 862 2840 Tlx: RS ***** CRW NPAC Tel: Ml 6818 wjwmjwmMrjwMrjwjwMrjmwA Chairman was famed for his swimming efforts Sutfew knew that afterwards he indulged himseCf at the Qrand Pavilion i V" It's quite true. Many chief executives have Sun (qunirn130 words
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PAGE 2 NEWS
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SINGAPORE ROUNDUP
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Article, Illustration160 1992-07-23 2 WITH anything between 36,000 and 100,000 Singaporeans abroad, Singapore has the resources to globalise and invest overseas, said senior civil servant J Y Pillay yesterday. The question, he said, is how to match the needs of local firms for corporate globe-trotters with the desire of many160 words
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Article112 1992-07-23 2 FOUR Japanese printed circuit-board experts will be in Singapore next week to conduct a study on the state of the local PCB industry and suggest ways to upgrade local operations. These include techniques to produce the increasingly popular multi-layer PCBs. The team will be headed112 words
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Article64 1992-07-23 2 SURVEY Research Singapore (Pte) Ltd has donated a 590.000 computerised retail space management system to Temasek Polytechnic. Called the Apollo Space Management System, the software enables students to assume the role of merchandisers in planning the use of retail space. The system, which is being used64 words
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Article43 1992-07-23 2 THE second Muslim cadaveric kidney donation in Southeast Asia was carried out here a few days ago at the height of the Muslim Transplantation Month. The thrust of the campaign has been to get Muslim support for kidney transplants.43 words
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388 1992-07-23 2 SINGAPORE Compaq Computer Corporation, which started the latest PC price war, yesterday reported lower margins despite more shipments of personal computers. Last month, Houstonbased Compaq launched lowpriced PCs and cut prices on existing models by reducing production costs. The move has hurt388 words
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Article, Illustration246 1992-07-23 2 Property update SINGAPORE The annual demand for private homes has increased by about 20 per cent over the last decade, says property consultant Knight Frank Cheong Hock Chye Baillieu (KFCB). Speaking at a property and construction seminar yesterday, KFCB director Amos Koh saidSource: Knight Frank Cheong Hock Chye & Baillieu - 246 words
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198 1992-07-23 2 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE ERA Realty Network Pte Ltd, which sold half a billion dollars worth of resale housing property last year, has reported a 25 per cent increase in sales for the second quarter. Figures just released by the firm's residential198 words
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Article, Illustration507 1992-07-23 2 Joseph Rajendran - Taiwanese computer maker attacks attitude of American companies By Joseph Rajendran TAIWAN computer king Stan Shih yesterday warned American rivals to stop exploiting Asian suppliers and ridiculing the quality of their products. "Many American companies pay a low price for our quality,507 words
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Article, Illustration334 1992-07-23 2 TAIWAN personal computer manufacturer Acer will contract other Asian companies to make its PC processing units. Acer chairman and chief executive Stan Shih said yesterday that up to 75 per cent of the firm's processing units would be made by outside suppliersSource: Company reports - 334 words
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Article, Illustration619 1992-07-23 2 SINGAPORE The quota system may be a blunt instrument for tackling traffic congestion, but it works and so it will stay, said Communications Minister Mah Bow Tan yesterday. It is for now the most effective way of meeting the619 words
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450 1992-07-23 3 Chuang Peck Ming,Al O Labita Jr - Asean Ministerial Meetin: Reports from Chuang Peck Ming,Al O Labita Jr in MANILA ASEAN foreign ministers, concerned with the security implications of the Spratly islands dispute, yesterday called on claimant nations to exercise restraint to avert a new regional conflict. Asean officials fear the450 words
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221 1992-07-23 3 THE Russians have suggested that the leaders of the Asia-Pacific region hold regular talks to limit naval exercises in international seas and set up a crisis management system to block the build-up of military tensions in the region. Russia counts itself, along221 words
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347 1992-07-23 3 SINGAPORE has confirmed reports that it is one of two Asean countries bidding to house the secretariat of the 15-member Asia Pacific Economic Co-operation (Apec) forum. The other country is Thailand. Disclosing that Singapore made its offer last week during a meeting of senior347 words
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490 1992-07-23 3 ASEAN foreign ministers yesterday expressed dismay over the lack of political will by the industrialised economies to conclude the Uruguay Round of multilateral trade negotiations. "Failure of the round could only further restrict economic growth and opportunities, encourage protectionist490 words
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347 1992-07-23 3 Shoeb Kagda - By Shoeb Kagda SINGAPORE Singapore's affluent class outdid all other Asians in maximising their investments while the Hongkong Chinese were Asia's top earners, a recent survey revealed. Sponsored by the Hong-kong-based Far Eastern Economic Review, the survey concluded that Singaporeans have the highest347 words
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Article131 1992-07-23 3 Reuter NEW DELHI India's gross domestic product (GDP) will grow by 3.5 per cent to 4 per cent this fiscal year, against an estimated I.S per cent increase in 1991/92, a respected economic research group said yesterday. The Bombay-based Centre for Monitoring the IndianReuter - 131 words
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Page 2 Advertisements
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Advertisement101 1992-07-23 2 HE SIMPLY TAKES NATRACALM. Life, we know, can be pretty hectic. Nothing seems to go right. Deadlines pile up. Nerves strain. Dont panic. Stay calm. With Natracalm. Natracalm is a soothing remedy extract from Passiflora, the passion flower. And ifs non-addictive. It helps to relieve all your tense moments, take101 words
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Advertisement133 1992-07-23 2 II Mppfi vorporanon umnva (IncupoiMKl in ITn Rapubkc o» Singapore) TO BONDHOLDERS OF (1) U5575,000,000 4% CONVERTIBLE BONDS DUE 1997 (4% Convertible Bonds) (2) U5575,000,000 2-3/4% CONVERTIBLE BONDS DUE 1997 (2-3/4% Convertible Bonds) ADJUSTMENTS TO THE CONVERSION PRICE OF THE ABOVE BONDS Following the Company's Rights Issue of unsecured convertible133 words
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Advertisement654 1992-07-23 3 KOREA S LEADING BANK KORER s£ EXCHRNEE BRNK (INCORPORATED IN THE REPUBLIC OF KOREA) 31st December 1991 Statement# of Condition Statement# of Earnings Won (millions) Won (millions) 1991 1990 1»1 1990 ASSETS REVENUES Cash and due from banks W2.909.464 W3,140,095 Interest on loans W861.307 W766,506 Foreign exchange purchased 1,862,269 1,398,580654 words
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Advertisement8 1992-07-23 3 China curbs fishing in offshore areas, Pg 88 words
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Advertisement75 1992-07-23 3 y- j J JKB9ks'' f* < ■fcj MM-. 1 <f -gfrj V' W'- fa |»jj|^^^^^^^^^^^^^^^^^ES|HSS|HKSHpP|r;<^ still A Classic Today As It Was In 1851 *j /S A d\ •Arrows ~THE MOST FAMOUS SHIRT M THE WORLD Available at all leading department ■to ret aad also Arrow Shop* at OUB Centre75 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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41 1992-07-23 4 SINGAPORE ANA Hotels Singapore Ltd has announced that for the purpose of conversion scripless trading, shareholders are advised to deposit their share certificates with the Central Depository between July 31, 1992, and Aug 27, 1992.41 words
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Article58 1992-07-23 4 SINGAPORE Ban Hin Lee Bank Bhd's group earnings rose 70 per cent to M 59.5 million (Ss6.l million) on a 17 per cent increase in net operating income to M 540.55 million for the six months ended June 30, 1992. At the bank level,58 words
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Article47 1992-07-23 4 SINGAPORE Barite powder maker Trenergy (Malaysia) shares was oversubscribed 16 times when its public offer (open portion) closed this week. Trcnergy's flotation, the 20th in Malaysia this year, comprised an offer of 3.75 million shares, of which 1.376 million were reserved for bumiputra investors.47 words
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Article33 1992-07-23 4 SINGAPORE The public share offer of cement pipe maker Jasa Mcgah Industries Bhd, a subsidiary of Malaysian IGB Bhd, was oversubscribed 48 times when its offer closed yesterday.33 words
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Article45 1992-07-23 4 KUALA LUMPUR Hicom Properties Sdn Bhd and Menang Corp (M) Bcrhad signed a memorandum of understanding to jointly develop an urban commercial centre in Petaling Jaya. Hicom will have a 51 per cent stake, while Menang will have 49 per cent.45 words
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Article38 1992-07-23 4 KUALA LUMPUR Ganda Holdings Berhad is considering an offer from Rangkaian Tenaga Sdn Bhd to acquire operational rights for an electronic library system, now serving 1,500 primary schools in four Malaysian states.38 words
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Article46 1992-07-23 4 SINGAPORE A United Engineers subsidiary, Graphic Communications, has forged ties with computer chip maker Intel and computer giant IBM. Graphicom will be the first company in the region to collaborate with Intel to develop Digital Video Interactive boards and software programmes.46 words
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288 1992-07-23 4 KUALA LUMPUR Berjaya Singer Bhd is taking a Ms 23 million (S$ 14.72 million) controlling stake in an investment holding and industrial trading company, Topgroup Holdings Sdn Bhd (TGH). The company announced yesterday that it had entered into an agreement for a 51288 words
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Article, Illustration318 1992-07-23 4 Rahita Elias - By Rahita Elias SINGAPORE Keppel Integrated Engineering, which closed its share offering yesterday, has attracted some 45,000 applicants for its fixed price tranche involving 22.5 million shares. Applicants for this tranche of shares, which is understood to be two times subscribed, could only apply318 words
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320 1992-07-23 4 Increase in visitors helped boost occupancy rates SINGAPORE King's Hotel, which is part of the CDL Hotels group, has chalked up a strong 53.27 million in net earnings for the half-year ended June 30, 1992 up 66 per cent from last year's320 words
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678 1992-07-23 4 Loh Hui Yin - THE HOCK LOCK SIEW COLUMN By Loh Hui Yin SINGAPORE With a badly-dented bottomline and a sullied image, Thai Airways makes its debut on the Stock Exchange of Thailand today. Thai Airways shares were chased to as high as 80678 words
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297 1992-07-23 4 Dexter Lee - By Dexter Lee SINGAPORE Intraco Ltd has re-sold its office space on three floors of the NOL Building to Neptune Orient Lines, the building's owner, for $29 million in cash. The government-owned trading company will make an extraordinary gain of $6.3297 words
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259 1992-07-23 4 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Foreign shareholdings of Overseas Union Bank Ltd have finally hit the 40 per cent mandated ceiling, the bank announced yesterday. Accordingly, the bank said it would not register further transfers of shares in favour of foreign persons. Instead, foreign259 words
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451 1992-07-23 4 Abdul Hadhi - By Abdul Hadhi SINGAPORE Listed Keppel Corp has become the latest Singapore company to join the ranks of International Businessweek's Global 1,000. Keppel, with a market value of US$2.l billion (553.3 billion), was ranked 933 rd in the list published by the451 words
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383 1992-07-23 5 Joint venture to build 30 residential, commercial blocks HONGKONG Pacific Concord Holding has launched a joint venture in Shanghai with the Shanghai Xin Jin An Real Estate Corp for a HKS2.4 billion (***** million) commercial and residential development. The Pacific Concord joint venture will383 words
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331 1992-07-23 5 Reuter TOKYO The extended slowdown in Japan's economy will force major companies to slash their earnings forecasts and increase pressure on the Bank of Japan to cut the discount rate, economists said yesterday. They said that results for 1992/93 ending March would beReuter - 331 words
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COMPANY BRIEFS
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61 1992-07-23 5 MANILA Philippine multinational San Miguel Corp is negotiating with a Hanoi brewer to set up a joint venture brewery in Vietnam, company spokesmen said yesterday. The negotiations with Hanoi Brewery for a proposed beer-brewing plant "are still going on", they said without giving61 words
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77 1992-07-23 5 KUALA LUMPUR Samsung Corp of South Korea and US-based Corning Inc will set up in Malaysia the world's third largest manufacturer of glass for colour television picture tubes, officials said on Tuesday. The US$2BO million ($451 million) joint venture, Samsung Corning, will be located77 words
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Article56 1992-07-23 5 TAIPEI Taiwan's Ching Fong Group is to invest US$7O million (S$ 112.7 million) in an investment and trust office and two motorcycle plants in Vietnam, a company spokeswoman said Tuesday. Its affiliate, Cathay Investment and Trust Co Ltd, will soon invest US$l5 million to56 words
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Article, Illustration92 1992-07-23 5 TOKYO The head of Japan's biggest media group resigned from his other top posts yesterday. Hiroaki Shikanai announced his resignation as chairman of Fuji Television and Nippon Broadcasting System Inc at a news conference. Directors were expected to discuss the move at board meetings92 words
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Article57 1992-07-23 5 TOKYO IBM Japan Ltd, a unit of International Business Machines Corp, plans to temporarily transfer 1,200 workers to 1,300 workers to Japan in calendar 1992, 44 per more than a year ago. IBM Japan set up 12 Japanese subsidiaries and affiliates this year, bringing its total57 words
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419 1992-07-23 5 Reuter SYDNEY National Australia Bank Ltd's AS 1.09 billion (S$ 1.31 billion) bid for Bank of New Zealand Ltd has not quenched its longheld desire to take over one of its major Australian rivals, share analysts believe. Market speculation remainsReuter - 419 words
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COMPANY BRIEFS
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97 1992-07-23 6 PRINCETON Knight-Ridder Inc, Reuters and the Washington Post Co posted higher earnings for the second quarter of the year. Reuters Holdings pic said on Tuesday that pre-tax profit rose 10.2 per cent to U*****.9 million (*****.4 million) from U*****.2 million. The Post said its97 words
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Article49 1992-07-23 6 KUWAIT Kuwait has agreed to refer any financial misconduct of its investments abroad to public prosecutors, local dailies reported on Tuesday. At a meeting on Monday, Finance Minister Nasser Abdul'la al-Rodhan and the partially elected National Council discussed Kuwait's troubled multi-billion dollar investments in Spain.49 words
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Article49 1992-07-23 6 STAMFORD, Connecticut GTE Corp said it posted second-quarter net income of US$446 million (*****.9 million), or 49 cents a share, compared with profit on continuing operations of US$394 million, or 44 cents a share, a year earlier. Revenue rose to US$5.O6 billion, from US$4.B5 billion.49 words
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Article53 1992-07-23 6 CHICAGO Pepsico's second-quarter net income rose 20.3 per cent to U*****.0 million (*****.2 million), or 0.48 cents a share, compared with U*****.3 million, or 0.39 cents, in the same quarter of 1991. Quarterly net sales hit US$5.2 billion, compared with US$4.7 billion in the same53 words
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Article52 1992-07-23 6 BASLE Roche Group said sales in the first half of 1992 increased 19 per cent to 6.621 billion Swiss francs (558.12 billion) from 5.546 billion francs a year earlier. Roche said in a statement that pharmaceutical sales advanced 23 per cent to 3.485 billion francs, from52 words
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279 1992-07-23 6 Reuter CHICAGO Sears, Roebuck Co on Tuesday reported higher earnings for the second quarter, but its key retailing division failed to share in the gain and instead suffered a 50 per cent drop in profits. Sears said earnings rose to U*****.8Reuter - 279 words
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360 1992-07-23 6 FT BONN The German telecommunications network, Deutsche Telekom, was touted as the "people's share of the nineties" in a privatisation programme unveiled on Tuesday by Finance Minister Theo Waigel. The government will also sell off its remaining 51 per cent stake in theFT - 360 words
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460 1992-07-23 6 Reuter WASHINGTON US Securities and Exchange Commission chairman Richard Breeden has toned down his vociferous opposition to the New York Stock Exchange's plan to trade more foreign stocks, and SEC sources are predicting an agreement eventually will be struck. But America's topReuter - 460 words
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Article, Illustration435 1992-07-23 6 Reuter NEW YORK Convicted junk bond king Michael Milken denied on Tuesday that he ever offered a former investment portfolio manager a bribe in exchange for buying junk bonds from Drexel Burnham Lambert Inc. Milken testified at the trial ofReuter - 435 words
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433 1992-07-23 6 Reuter BUCHAREST Stockbrokers in most countries are men in smart suits and ties. But the bulls and bears of Romania's rudimentary share market are women in long braids, with colourful gypsy skirts, often with babies feeding from their breasts. "I buy shares, IReuter - 433 words
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345 1992-07-23 6 FT NEW YORK Smith Corona, the manufacturer of portable typewriters which has spent years fighting alleged Japanese cut-price "dumping" of products in the US, announced yesterday it was closing its last US manufacturing plant and relocating production to Mexico to saveFT - 345 words
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Advertisement319 1992-07-23 4 IN THE MJUtKiT PAGES laatiMjailjHijiiaHtMMiiiiiijtiiiiifliMiMiißlHMltMMiiMHliMMiMljMMMMnMHMaMlMMMMHMiiMlMMiiMMMMiiMiiMlllHM Singapore ends firmer 18 Manila closes higher 25 Whichever rood you take, we'll give you a good start. i ■HlllftMlllMMMP a flexi-DRIVE X>INANCING/ Things are now looking belter for car buyers. Fleri-Drhre Fhrariag* With the introduction of Flexi-Drive Financing, we ffl Our unique Flexi-Drive Financing319 words
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Page 5 Advertisements
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Advertisement131 1992-07-23 5 The way we see it, a FREE COE is only half a good deal. There's more to it if a positive return on your money is what you're after. If an investment that yields results is what you seek. So then what is the other part of the good deal?131 words
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Advertisement78 1992-07-23 6 m A Staffordshire UNIVE R S I T Y Quote regarding Staffordshire Untvenfty "The School of Computing is acknowledged to be one of Britain's best" en* July 1991) MODULAR MASTERS DEGREE IN TECHNOLOGY MANAGEMENT BYDISTANCE LEARNING CREDIT ACCUMULATION TRANSFER SCHEME (CATS) Prior learning/working experience can be accredited FLEXIBILITY: 1-7 YEARS78 words
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Advertisement41 1992-07-23 6 j, at GLAMOURETTE 300 ORCHARD ROAO 102-02 THE PROMENADE SINGAPORE Sxttniivt ultction of evening (treat featuxiny T/aei Saint lauxint rive gauche txu id £_y? nyt Co UTaxfaxxl o nlaa dAong <s4tont( and otfta.% ft.n and CaCr Cx 4 s. i i41 words
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FINANCIAL NEWS
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SMALL CHANGE
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101 1992-07-23 7 BEIJING Foreigners may be allowed to buy foreign currency bonds issued in China's domestic market by the Bank of China, a bank official said on Tuesday. The day before, the official New China News Agency reported that the Bank of China, a101 words
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Article76 1992-07-23 7 TOKYO Japan's Ministry of Finance yesterday said it will allow banks to issue perpetual subordinated bonds to help achieve international capital adequacy standards. The banks which are seen studying the issue of perpetual subordinated bonds are Bank of Tokyo Ltd, Sanwa Bank Ltd, Tokai Bank76 words
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Article69 1992-07-23 7 TOKYO The Federation of Bankers Associations of Japan has advised its member banks that it is better to avoid the Japanese banking custom of extending foreign exchange contracts for customers, a federation official said yesterday. This custom is called historical rate rollover, in which a bank69 words
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Article46 1992-07-23 7 TOKYO German and French banks were the most profitable foreign banks operating in Japan last year while banks from the US and Hongkong suffered the steepest losses, according to an annual survey by international accounting firm KPMG Peat Marwick released yesterday.46 words
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225 1992-07-23 7 FT LONDON A group of banks that is owed money by Efim, the Italian state holding company, met here on Mooday in the first sign of concerted action by banks around the world to recover US$2 billion (553.2 billion) of foreign debts owedFT - 225 words
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Article, Illustration477 1992-07-23 7 Lower interest rates and cost cuts contribute to higher earnings Reuter NEW YORK Major US banks reported across-the-board gains in second-quarter earnings on Tuesday with the No. 1 bank, Citicorp, leading the way with a huge jump in profits. Citicorp saidReuter - 477 words
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417 1992-07-23 7 Reuter LONDON British home loan groups gave the government some breathing space on Tuesday in its battle to keep a lid on interest rates and prevent dearer borrowing from hindering attempts to revive a recession-battered economy. Building societies and banks welcomed quick governmentReuter - 417 words
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330 1992-07-23 7 Asahi TOKYO Major banks that own stakes in Nippon Housing Loan Co, one of the largest companies of its kind in Japan, may be unable to rescue the debt-ridden company alone, according to an internal company report. As of March 31, Nippon Housing LoanAsahi - 330 words
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185 1992-07-23 7 AP TAIPEI The Finance Ministry has approved six banks to operate in Taiwan's short-term money market, ending a 16-year monopoly of underwriting by three local companies, officials said yesterday. Chen Mu-tsai, director general of Monetary Affairs Bureau, said the market's liberalisation would lead to lowerAP - 185 words
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Advertisement94 1992-07-23 7 A l m I HE ®Vvv<^Or I n An Equally Stately V Surrounding f^B^^ K ,<f^BH| J M ■nj |BP 1 ttMpf" H* >.ti i ,|®v I^^^KJ^^mX^JwM HL We are watch boutique |^^M^gajjjti™Mjew|jg^e^^^^e^*^^^e^*e s^''^Singapore. Large, not only in space, but also the Rolex watches we A from the Rolex to94 words
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THE REGION
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NOTE BOOK
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89 1992-07-23 8 CANBERRA The Australian economy will likely post 2 per cent growth for the fiscal year ended June 30 while gross national product will expand "on the order of 4 per cent in the year to June 30, 1993, Prime Minister Paul Keating89 words
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Article, Illustration89 1992-07-23 8 BANGKOK The leader of one of the country's biggest political parties filed a defamation suit on Tuesday against former prime minister Kukrit Pramoj (right) for suggesting that he favours a presidential system of government. The suit was filed on behalf of Chaovalit Yongchaiyudh, head of the89 words
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Article68 1992-07-23 8 MANILA Russia has asked Vietnam for continued access to air and naval facilities at Cam Ranh Bay in order to help guarantee stability in South-east Asia, Russian Foreign Minister Andrei Kozyrev said here yesterday. "We are not necessarily rushing to leave," Mr Kozyrev, a68 words
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Article72 1992-07-23 8 BANGKOK The US has cancelled a joint military exercise with Thailand following the Thai army's massacre of pro-democracy demonstrators in May, Thai and US officials said yesterday. The three-day annual logistics exercise, codenamed Logex, had been due to start today. "The US is temporarily suspending72 words
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Article74 1992-07-23 8 JAKARTA Indonesia is seeking to sell injectable contraceptives to Cambodia, the Jakarta Post daily yesterday quoted Health Minister Adhyatma as saying. The daily quoted him as saying on Tuesday at the opening of a new plant that will produce injectable contraceptives here that Indonesia could now74 words
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97 1992-07-23 8 WELLINGTON New Zealand's ruling National Party, which slumped to record-low unpopularity last year, has returned to favour, according to an opinion poll published yesterday. The New Zealand Herald-National Research Bureau poll showed 35 per cent of respondents favoured the National Party in July,97 words
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Article, Illustration429 1992-07-23 8 AP, Reuter BEIJING In another move likely to anger Southeast Asian nations, China announced new restrictions yesterday on fishing in its offshore waters, including the disputed South China Sea. China has claimed much of the sea as its territorial watersAP,; Reuter - 429 words
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342 1992-07-23 8 MBT KUALA LUMPUR Additional budget requests from various agencies as at March 31 this year had exceeded the government's public expenditure allocation under the Sixth Malaysia Plan (6MP) by M 512.5 billion (SSB.O billion). Finance Minister Anwar Ibrahim said the additional requests wereMBT - 342 words
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389 1992-07-23 8 Reuter BANGKOK A Cabinetappointed committee has called for a governmentowned enterprise to take over the building of a mass transit rail system in Bangkok after the Thai government scrapped an agreement with a Canadian firm. Committee member Phisit Pakkasem toldReuter - 389 words
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Article, Illustration320 1992-07-23 8 BANGKOK Some foreign investors and analysts are undermining the Thai stock and property markets with the intention of pushing down prices so that they can buy into the sectors cheaply, the Bangkok Post reported a leading banker as saying on Tuesday. Speaking320 words
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277 1992-07-23 8 AP BEIJING China's concerns over funding for a new airport for Hongkong has little to do with how much the British colony has in its foreign exchange reserves, a Chinese official said on Tuesday. The Hongkong government last week released details onAP - 277 words
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203 1992-07-23 8 Reuter HANOI Voters here elected younger, more highly educated deputies to Vietnam's National Assembly in July 19's nationwide polls, according to first results published yesterday. J The General-Secretary of the Communist Party of Viet- nam, Do Muoi, 75, was re- elected by a bigReuter - 203 words
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344 1992-07-23 8 AFP UNITED NATIONS The UN Security Council threatened on Tuesday to cut off international aid to the Khmer Rouge if it continues to hold up the peace process in Cambodia. In Security Council Resolution 766, which was passed unanimously, members called onAFP - 344 words
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Page 8 Advertisements
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Advertisement304 1992-07-23 8 BUsINES S T I M E S Toll-free Tel No :737-0Q43 Fax N0:734 3098 M |Mj METRO METRO IS SINGAPORE DIVISION DIRECTORS Retail Operations Advertising &r Promotions M etro (Private) Limited, one of I The Director of Advertising and Singapore's leading retail companies and Promotions manages all aspects of marketing304 words
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THE WORLD
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501 1992-07-23 9 Close to 30 million now unemployed IHT PARIS The number of unemployed people in the major industrial nations is expected to rise this year by 2 million, to almost 30 million, the Organisation for Economic Cooperation and Development said yesterday, projecting its highestIHT - 501 words
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Article, Illustration439 1992-07-23 9 Reuter WASHINGTON Eager to clinch a free trade deal with the United States and Canada soon, Mexico is making big concessions on the opening of markets for everything from computers to corn for tortillas, trade sources say. Mexico has saidReuter; Sources: Commerce Department,Datastream - 439 words
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432 1992-07-23 9 NYT NEW YORK Desperate for hard currency, Russia offered on Tuesday to sell to the United States tons of uranium from retired nuclear arms, saying the concentrated material could be diluted into fuel for civilian reactors that make electricity. Any East-West deal thatNYT - 432 words
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460 1992-07-23 9 Reuter TOKYO Three opinion polls published yesterday showed Japan's ruling conservatives heading for a moraleboosting success in Sunday's national elections. The polls, carried out last weekend, predicted that the Liberal Democratic Party (LDP) would retain around 70 of the 76 seatsReuter - 460 words
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412 1992-07-23 9 AP WASHINGTON The major weapons suppliers around the world sold 40 per cent fewer weapons to the Third World last year, a congressional report said on Tuesday. The United States is still selling more than any other country butAP - 412 words
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Article, Illustration673 1992-07-23 9 NYT CAIRO Egyptian schoolchildren find Palestine, not Israel, on their maps in Geography class. The destination of the flights to Tel Aviv, which require three hours of security checks, are not announced on information boards in the Cairo airport. And Egyptians whoNYT - 673 words
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WORLD WATCH
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106 1992-07-23 9 BEIJING Chinese Premier Li Peng said too much credit and cash was issued in the first half of the year and urged a tighter monetary policy, official news reports said yesterday. Speaking at a meeting of the State Council, China's Cabinet, Mr Li106 words
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Article71 1992-07-23 9 MOSCOW Russia plans to build free economic zones in the Far East, including the Port of Nakhodka, in a few years under a foreign investment promotion programme obtained by Kyodo News Service. The programme, drafted by a committee on foreign investment within the Russian Finance Ministry71 words
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Article, Illustration50 1992-07-23 9 LONDON British Prime Minister John Major (left) with opposition Labour leader John Smith as he arrived for a dinner with the Mexican President at 10 Downing Street earlier this week. Both men were seen together for the first time since the latter was formally appointed to his post.50 words
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89 1992-07-23 9 CANBERRA Germany's State Secretary for Finance Horst Koehler said he is confident German growth will remain robust despite last week's rise in the discount rate. "I am confident that German growth will remain robust in spite of the latest Bundesbank discount rate hike," Mr Koehler89 words
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Page 9 Advertisements
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Advertisement377 1992-07-23 9 HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to slay successful in business, ooe has to be highly compelitivc.That means having the righl image, up- to- date office equipment and full time experienced staff: yet keeping low overheads Here at World Wide Business Centre Pte Ltd. we377 words
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Article490 1992-07-23 10 EDITORIAL NEGOTIATING peace in the Middle East is an intricate shadow-play involving symbols and gestures as well as a good dose of rhetoric. And each night politicians have to play to a different audience. Those at home adore their leaders when they breathe fire and brimstone; an490 words
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WHAT THE OTHERS SAY
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Article229 1992-07-23 10 REPORTS that the Sri Lanka government is regaining the military initiative against Tamil separatists renew hopes that a new political initiative might follow. True, majority Sinhalese political parties are said to be against a compromise: understandably, they may think that the very success of the military229 words
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Article133 1992-07-23 10 COULD the Malays' problems be halved in a decade? The poser by Minister of Health and Com- munity Development Mr Yeo Cheow Tong. in his recent speech at the AMP function, is both encouraging and challenging. Indeed, while the Malays improve themselves in education, many are trapped in133 words
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Article126 1992-07-23 10 SINCE Diet approved the sending of troops abroad under the United Nations Peaeekeeping Operations Cooperation Bill, not only does the government gradually display the intimidation of a superpower, but even militant civilian groups are showing a high profile. Japan's demand that Russia should return the disputed islands126 words
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REGIONAL VIEWPOINTS
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Article184 1992-07-23 10 IT's welcome news that America's number one chipmaker, Intel Corp, is moving its entire micro controller division in the US to its offshore plant in Penang. The move must surely constitute a milestone in the local electronics industry. For the first time, a multinational is giving its184 words
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Article127 1992-07-23 10 THE logic behind Indonesia's continuing to add to its debt burden is that the country is facing the perhaps classical problem of having to borrow more in order to pay back its loans. However, there is an important divergence from the familiar pattern in that the country should,127 words
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Article201 1992-07-23 10 WITH the sobering example of Lord Wilson's fruitless pilgrimage to Beijing in January last year to remind him of the pitfalls, Mr Chris Patten knows that it will be risky to involve himself in last week's negotiations. Much as he would like to see progress on the airport201 words
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Article, Illustration960 1992-07-23 10 Roger Cohen - The crucial referendum on the Maastricht Treaty in France this September may well be affected by Bonn's determined fight against inflation, writes Roger Cohen Roger Cohen NYT GERMANY'S stubborn determination to place its fight against inflation before any concessions to spurring a European economic recoveryNYT - 960 words
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Page 10 Advertisements
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Advertisement109 1992-07-23 10 i?-• fFSSWf^^K? i nk i F v ißi IB m.^H &?*^^H!f BiH, jjk i «h* il Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. keP in,ormed mi,xl,nise re,urns Essential information accessible every business day 7 through Business Times. In the109 words
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Page 10 Miscellaneous
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Miscellaneous33 1992-07-23 10 DOONESBURY GARRY TRUDEAU H£r,UHAVS 7HE UUL, SW? MA/B6 THAPS BB- W PML.DOC* I PONT CAUSE NCBCW NTHE GROUP KJ seemic be getting can fsaiv/ ruatb td your. B L\\ JNZf? 100! MUCH GYMMTHY33 words
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ANALYSIS
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Article, Illustration1396 1992-07-23 11 Harish Mehta - The military forces of Russia, China and North Korea are modernising and this is causing Japan great concern, even after the close of the Cold War. Harish Mehta reports Harish Mehta THE JAPANESE Defence Agency's annual white paper, Defence of Japan 1992, has for the firstSource: Japan Defence Agency - 1,396 words
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Article, Illustration1087 1992-07-23 11 Michael Kelly - Michael Kelly examines the partnership between US presidential hopeful Bill Clinton and his running mate Albert Gore Michael Kelly NYT Governor Bin Clinton, the Democratic nominee for president, and Senator Albert Gore Jr, his running mate, have developed a political act unlike any seen on anNYT - 1,087 words
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Page 12 Advertisements
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Advertisement277 1992-07-23 12 Nothing Beats A Bud. feiioS where to wine, dine Ring or ORGANISE YOUR OWN KARAOKE! I It's your very own Karaoke party! King's Hotel has come up with a I Daily Karaoke package for groups of 10-200 people from 12 noon I to-5 pm. After your Penang Buffet Lunch, the277 words
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Advertisement317 1992-07-23 12 SINGAPORE'S|ij| I BEST CATCHES 11 AT PLUM'S *****1 l Deep fried crispy baby squid. Marinated sting ray \n banana leeves. Black pepper crab. These ere only some of the many sizzling sensations that are tekin§ Plum's by storm this month. As our chefs tern their skills on the best catches317 words
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Advertisement186 1992-07-23 12 on the House Chase away your workday blues with a cool drink and relax to golden oldies by our resident band. From 15 July to 14 August, for every $20 charged to Diners Club, guests are entitled to a complimentary set supper at Cafe Plaza. Pla!7a <®°" vrsC/, fc International186 words
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Advertisement309 1992-07-23 12 I \l ycxir reservations early @7XI I f Wj Lunch :12pm to 2.30pm ffl/y I Dinner: 7pm to 10.30pm iiwSfii 333 Orchard Road Singapore 0923 Tel *****11 hX >£* I (1230pm to 2.45pm) with Rice, Fried Kway Teow... I Enjoy a deUcious spread per item. I of your favourite Western309 words
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Page 12 Miscellaneous
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Miscellaneous561 1992-07-23 12 TELEVISION AND RADIO _a a -a na I Mm Curt Simian 4.M 0 Facade Da T DilClUC«raiß*ttO r .1 1 A J A- I— X inmHHffinHSHlili: Enchanted Evening (Stereo). 4.3* Na Oaa M *«t Fighting tire with tire ~zpss&t* §s c 2i. ®k«sm-t-00 Tap Caps (Stereo) 12J5 AM Clwrt Diminished561 words
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LIFESTYLE
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Article, Illustration815 1992-07-23 13 Michelle Low - American dance teacher June Lewis talks to /lichelle Low about a voyage of self-discovery during her visit to China Michelle Low NEW YORK dance teacher June Lewis has a thing about China. And about rice. Indeed, it was a vision about a bowl of rice815 words
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Article, Illustration618 1992-07-23 13 Dorie Greenspan - Dorie Greenspan pays homage to this indulge-and-bulge concoction Dorie Greenspan NYT FOR sheer stick-to-it-iveness in a Held where favourites melt away in moments, ice cream has few equals. Having been around for almost a millennium, travelling from the Orient to Italy with Marco PoloNYT - 618 words
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Article, Illustration645 1992-07-23 13 CHATttlB&X THEY started lining up at 3am on Tuesday in front of Planet Hollywood on Manhattan's West Side, some of them with fur stuck to large fake ears, blood on their hands, hideous masks covering their faces, others in business suits or jeans, waiting645 words
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Page 13 Advertisements
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Advertisement230 1992-07-23 13 AND ENTERTAIN The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price Anrmo fkocA Khurc ANA HOTEL dura* th<s bo SINGAPORE Moo to Thur 6pm to 10 pm 16 Nass-" hw 1C25 Fri230 words
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Advertisement210 1992-07-23 13 mc ■■■debutsHll Experience this sizzling Japanese encounter at NISHIKI RESTAURANT! Set meals available at unbeatable prices off $20 to $25 ffor lunch and $35 to $38 ffor dinner. For reservations, please call 3224 224 Our rntsurant mdrfc iwkoi* At public to rnjoy fn* Jmny |H|« vJEIi MBi MARINA BAY OOIF210 words
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SPORTS 1
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SIDE LINES
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145 1992-07-23 14 BARCELONA More than two million people have signed a petition calling on Barcelona mayor Pascual Maragall to help outlaw bullfighting. The petition, gathered by the World Society for the Protection of Animals (WSPA), was handed to Maragall yesterday, just days before the Olympic145 words
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Article71 1992-07-23 14 BARCELONA Four Americans were arrested after attempting to sell tickets for the Olympic Games basketball final for more than US$2,BOO (554,500) apiece, police said on Tuesday. Police also seized 80 tickets which have a face value of between 6,500 pesetas (about Sslo9) and 9,000 pesetas. The71 words
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Article, Illustration26 1992-07-23 14 BARCELONA One of Australia's Olympic divers, April Adams, taking a practice leap on Tuesday with the picturesque host city in the background.26 words
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Article69 1992-07-23 14 KITZBUEHEL, Austria German Lopez of Spain gave second-seeded Pete Sampras all he could handle at the Philips Head Cup clay-court tournament on Tuesday, forcing the American to a third-set tie breaker before losing. The unseeded Lopez opened strongly to win the first set before Sampras, ranked third69 words
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Article, Illustration354 1992-07-23 14 AFP BARCELONA Malaysian Sports Minister Annuar Musa rejected allegations of bribery after Kuala Lumpur was chosen to host the 1998 Commonwealth Games here on Tuesday. The Commonwealth Games Federation voted in favour of the Malaysian capital by 40 votes to 25 forAFP - 354 words
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398 1992-07-23 14 AP BARCELONA She shoots, she scores! That shout will soon be heard around the Olympics, now that women's ice hockey has been added to the medal schedule for the Winter Games. The International Olympic Committee took the action as it opened its 99thAP - 398 words
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Article671 1992-07-23 14 Time may come for a circuit featuring the best of the best The Economist LONDON A World Tour for golf is an idea whose time must surely come. For it is no longer possible, as it was a decade or two ago, forThe Economist - 671 words
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Article, Illustration352 1992-07-23 15 Tour de France AP LA BOURBOULE, France Stephen Roche of Ireland found some of the form that helped him win the Tour de France in 1987, taking the 16th stage of the famed bicycle race on Tuesday. Roche Finished a raindampened stageAP - 352 words
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Article, Illustration813 1992-07-23 15 George Vecsey - George Vecsey laments the collision of politics and sport George Vecsey NYT BARCELONA It was only eight years ago when the world was charmed by the sweet and modest Winter Games in Sarajevo, in the countiy that used to be Yugoslavia. Now some ofNYT - 813 words
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Page 14 Advertisements
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Advertisement144 1992-07-23 14 WHO TURNS BUSINESS INTO PLEASURE? THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. At Thai, we like to make all our passengers feel as true to its name, you'll be treated no less than royalty. So whether you're off to any one of our 51 Asian though they're off144 words
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Page 15 Advertisements
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Advertisement135 1992-07-23 15 You don't have to be a Teleview subscriber tot WIN! 'V'nßfewT^Vj > Enter the SPH Shine Olympics Contest at Comcentre 2. If you're a Teleview user, just Our questions will be changed key into Teleview page *4102#. weekly -so the more times you If you're not, come down to enter,135 words
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Advertisement168 1992-07-23 15 ELECTRONIC f CONSULTANT FOR DISCERNING ADVENTURERS^ We're talking about Shine, Singapore Press Holdings' on-iine interactive information network on Teleview. With over 30,000 screens of well-packaged and designed information, Shine covers a wide f* -VJ'-'w range of editorial on business, lifestyle, education, and travel! Text is meticulously edited to make it168 words
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ADVERTISING & MARKETING 1
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Article559 1992-07-23 16 Companies are rushing to tap the business potential of the Olympics. In these two pages, BT looks at the stakes involved Reuter, NYT THE International Olympic Committee is considering legal action against American Express Co over its alleged "ambush" marketing campaign, a senior Olympics officialReuter,; NYT - 559 words
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370 1992-07-23 16 AP NIKE INC suffered a major setback on Tuesday in its trademark battle with a Spanish lawyer who has vowed to prevent the United States track and field team from wearing Nike's name at the Barcelona games. With the Olympics set to openAP - 370 words
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Article, Illustration650 1992-07-23 17 Sylvia Wong - Sylvia Wong on Coca-Cola's US$33 million sponsorship of the Barcelona Games Sylvia Wong W "W". T HAT better partnership J could there Wi Wl be than an T T activity that makes people thirsty and a product that quenches thirst so deliciously? On650 words
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496 1992-07-23 17 Malaysia's commercial TV station says it'll be more up-to-date in its coverage of the coming Games MBT Commercial television station Sistem Televisyen Malaysia (TV3) is expected to earn about MS 10 million (556.5 million) in advertising revenue for its 16-day coverage of the forthcomingMBT - 496 words
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306 1992-07-23 17 Hong Lee Tiam - Hong Lee Tiam looks at Singaporeans' response to sports-tour packages Hong Lee Tiam WITH just three days before the Olympic Games begin, local tour operators say they have yet to see a surge or even a blip in demand for plane seats to306 words
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Article, Illustration168 1992-07-23 17 SOME Olympic programmes will be shown on wide-screen Philips television sets in stores and shopping centres across Singapore. The electronics group said selected events would be shown on the sets, which have a "16:9 aspect ratio". In layman's terms, this means168 words
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Page 16 Advertisements
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Advertisement200 1992-07-23 16 AW'Akl )S LAST CALL The Ear Awards is a first in local radio history. The search for the most popular radio commercial is on. It promises unprecedented publicity and recognition for all finalists. for tie Em For a whole month, the radio listening public will be listening to vote and200 words
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Page 17 Advertisements
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Advertisement55 1992-07-23 17 I ho Strait Tinu> I ho Sunila\ l ink's Bumikvs I imcs 1 ho Nov\ Paper. Beriia H"> l uuilk/aoBao 22SS&S kh lllk's lallf lo li h lli /.aol Ilk Ilk /aoB k s I ll I k I ll N 1 III'. Ilk Ilk /aoBao I lanHe WanBao Slun55 words
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Advertisement53 1992-07-23 17 WorkW. with a Jp* Cricket. Conclete with state-of-the-art, cricket-like arms, Dlethelm's Utest series of high-tech DICTHGLM S chairs come with iiwwatlve features like a separate back and seat tilting mechanism in a g ShMX VM <».o2Tr«s*yau*i n g. fully adjustable, ergonondc design. Be Cricket Series. The office chair for the53 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4285 1992-07-23 18 William Chia - By William Chia SINGAPORE SHARES closed firmer on late bargain hunting yesterday, ending a two-day losing streak. The 30-share Straits Times Industrials Index edged up 2.44 points to close 1,436.90 in quiet trading, recovering only a fraction of the 16.68 points it had lost4,285 words
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Article, Illustration63 1992-07-23 18 Quak Hiang Whai - By Quak Hiang Whai Comment FAR EAST Levingston Shipbuilding has tumbled from more than §7 last year to about $4 now. While the trend is generally downward, the charts indicate a possible rebound. Daily and weekly stochastks are near zero and appear to be turning up. A reboundSOURCE: BRIDGE INFO - 63 words
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Article3081 1992-07-23 19 W? 1290 20 +1.6% TtJt 294 +16 +5.8% JCJ 620 +15 +2.5% OSS 1160 +10 +0.9% <0CBC 945 +10 +1.1% JOCBC Foreign 1310 +10 +0.8% Cky Dev 50* 408 8 2.0% Prop Wt 88 +6 +7.3% ICBWt 267 +6 +2.3% III Securities 85 +6.9% <*im3,081 words
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Page 19 Advertisements
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Advertisement19 1992-07-23 19 'i _v •>" r:; ■4 J r k!r (ij| w# /I 1} SHSam 'fefejMsl tc wmil the master costi tt.19 words
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Article3300 1992-07-23 20 Magnum Corp 50* 505 +19 3.9% Dunlop Em 200 9 4.7% Innovest Bhd 55 7 +14.6% Petaling Gd 50* 140 +7 +5.3% Menang Corp 56 +6"/j +13.1% Golden Plus H 106 +6 +6.0% Sateras Res 50 +6 +13.6% Gentings 50* 840 5 0.6% Dunlop Est3,300 words
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Page 20 Advertisements
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Advertisement43 1992-07-23 20 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3698 The isssffis MroJJers Bp the most t current |f U»tofJ° b |F opportunities avai 1 ,1 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT43 words
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Advertisement172 1992-07-23 20 Please be informed that the undermentioned has ceased employment with our Company with effect from 21 July 1992: AJIT PRASAD alias JAIVIN PRASAD I/C NO. *****17/ C He is therefore not authorised to transact any business, collect payments or represent the Company in any capacity whatsoever. GLAMOURETTE PLUS TRADING PTE172 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5120 1992-07-23 21 Bernama THE SHARE MARKET in Kuala Lumpur yesterday sustained Tuesday's uptrend on continued buying support although sentiment was cautious following poorer overseas leads and the prevailing lack of fresh incentives. The KLSE Composite Index ended at 608.79, up 3.63 points while the Emas IndexBernama - 5,120 words
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BT SHARE INFORMATION SERVICE
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Article268 1992-07-23 22 C»wp«y Date Year Croap N«t Mat nniap tmi mn to proflt/tou (L) par shara dMdaad (000) (cwita) IMC Hldgs Jul 17 Mar 92 HK$182,755($197.832) 52(56 40(40) Roth Inds Jul 10 Mar 92 $33,451n($45,747) 29.2(39 9) 50(65) GB HkJgs Jul 10 Mar 92 $4.166($6,776) 6.1(9.9) 10TE(10TE) Metro Hldgs Jul268 words
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Article199 1992-07-23 22 Company Date Year Group pre-tax Nat earnings Grass ana to profit/loss (L) par share dividend (000) (cants) Sn Hartamas Jul 21 Dec 91 MJ955L ($14,8741) GP Batteries Jul 2 Mar 92 515.492(514.186) 41.3(47 9) 18 8TE(17 6TE) Pelangi Bhd Jul 1 Mar 92 M$37.824(S22.583) 11(9) 15(10) Pertama Jun199 words
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Article170 1992-07-23 22 Company Oat* Half-year Group pre-tax Interim ann to profit/loss (L) dividend COOO) C Properties Jul 15 Jun 92 $8.203($5.029) 25(20) M Cement Jul 6 May 92 MJ36 539(137.272) 18(16) Asa Pacific Jun 26 Mar 92 $63.038($59,214) 14N(10N) F&N Jun 26 Mar 92 $99,550(189.232) 92(9.2) Pacific Can Jun 26170 words
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Article752 1992-07-23 22 Current Ex Books Date Total far Total for payment date dose payable the year last year Mn Hdp 50c 61(b) Aug 26 Sep 7 Sep 24 6% 61 fcned 25c 101 Aug 21 Aug 27 Sep 10 101 101 ftpob 2 51 Jun 3 Jun 16 Jul 23752 words
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Article457 1992-07-23 22 Company Rights Issue D1C Bat One-for two MSI 25 per share Ex-date Jun 2 Books close Jun 17 Acceptance Payment Jul 30 Eu Tan Sang Three tor one US per share Ei-date Jun 17 Books Close Jun 27 Acceptance Payment Aug 3 MM Three-tor tour at MSI 00457 words
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Article521 1992-07-23 22 ki 21 Cement industries of Malaysia Bhd has acquired a 20.7 per cent equity stake in Faber Groub Bhd for MJ148.2 million. Hongkong and Shanghai Banking Corporation has begun to restructure treasury and capital market activities worldwide following its takeover of Britain's Midland Bank, aiming at creating a521 words
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Article85 1992-07-23 22 Transmarco Ltd: AGM at 65 Chulia Street #33-00, OCBC Centre, Singapore 0104, on Friday, July 24, at 11.30am Metro Hokfings Ltd: 19th AGM at 65 Chulia Street #33-00, 0C8C Centre. Singapore 0104, on Friday, July 24, at 12.00 noon Sunshine ASed Investments Ltd: 31st AGM at 481 Tanglin85 words
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363 1992-07-23 22 In local curr In S$ In USS dy N yr dy yr dy )t Jul) 21 Index chge chge chge chge chge chge World 374.0 0.3 -8.4 -0.8 -8.6 -I.I -8.2 *E\FE 433.1 0.2 -13.7 -1.7 -13.4 -1.9 -13.0 Europe 405.9 0.3 -1.3 -2.5 0.1363 words
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Article, Illustration610 1992-07-23 22 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve asCHARTS BY BRIDGE - 610 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration1787 1992-07-23 23 Reuter SMALL capitalisation stocks were active and their gains moved the Bangkok stock index to a higher close yesterday, brokers said. The SET Index ended 3.71 points or 0.49 per cent higher at 757.96 on a turnover of 6.42 billion baht.Reuter; Source: Bridge Info - 1,787 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration965 1992-07-23 23 TRADING on the Jakarta stock market was very quiet yesterday and some traders blamed the typhoon warning in Hongkong for keeping orders down. The Jakarta Composite Index lost 1.05 points to end at 319.21. Popular new listing Kabelmetal dropped 300 rupiah to 3,950 afterSource: Bridge Info - 965 words
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Article, Illustration205 1992-07-23 23 THE Credit Lyonnais Securities Asia (CLSA) All China Index, launched in May, is the first index to track all shares on the Shanghai and Shenzhen stock exchanges. It is backed by four sub-in-dices which monitor separately the A and B shares on the two bourses. All the205 words
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Page 23 Advertisements
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Advertisement40 1992-07-23 23 ANY JOB. ANY CAREER. /Q Available any day. i||| Any Time, anywhere. TMr ST...T. II«M TH. .U«D»V TIM.. W VT\| TMe NRW PAW!" tANHE ZAO.AO UANM. WAN.AO V r NJI) BM|N Mih OAIl v N.ws BW.TA MAR,AH B.H.TA M.HOOU «r40 words
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Advertisement36 1992-07-23 23 The Shanghai and Shenzhen market reports were not available. Below are Tuesday's indices and closing prices. Managers must manage. Business Times shows you how every Monday. The Straits i imes Weekly Overseas Edition HOME BROUGHT CLOSER36 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2595 1992-07-23 24 Reuter TOKYO STOCKS fell yesterday as the Nikkei Average closed at a new six-year low, dropping 460.46 points to 15,541.95. Futures-linked programs and institutional selling battered prices in thin trade, with investors wary about prospects for the economy, corporate profits and stocks. TheReuter - 2,595 words
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Article1986 1992-07-23 24 Vol July 21 HKS High Low (TOO) PE ASM Pacific 1.940 -0.010 1.950 1.950 32 10.0 Allied Ind Infl 0.760 -0.010 0.770 0.760 190 9.7 Allied Oversea 0.960 unch 0.980 0.950 2471 10.3 Allied Ppt 1.630 -0.020 1.650 1.620 3334 7.7 Allied PptW93 1.400 -0.050 1.4401,986 words
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Page 24 Advertisements
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Advertisement149 1992-07-23 24 The Hongkong stock market was closed yesterday because of a storm. Below are Tuesday's closing prices Shinel YOUR KEY TO BETTERBUSINESS DECISIONS! iw i^I^HH^I^^HI^KY3^E7'n7T73Sy^T7f7RV»T3?r7^*?SPni^^H^HHIIII^HiH Shine is Singapore Press Holdings' inforich database financial statements &C highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771149 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2082 1992-07-23 25 Reuter THE Australian share market closed lower after a strong start yesterday, dragged down by losses in Tokyo where the Nikkei index plunged to a six-year low. But the All Ordinaries Index finished only two points down on the day at 1,607.2.Reuter; Source: Bridge Info - 2,082 words
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REGIONAL STOCK MARKETS
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Manila share prices finish higher
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Article560 1992-07-23 25 SHARE PRICES closed stronger yesterday as investors picked up bargains and took positions in potentially highearning stocks, brokers said. The Manila Stock Exchange Composite Index rose 20.75 points to close at 1,453.79. "It shows the market has bottomed out, selling pressure has eased and investors wanting to position are560 words
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Article543 1992-07-23 25 SHARE PRICES wavered narrowly to finish slightly lower yesterday after early buying in low-priced issues failed to boost sentiment, brokers said. The Weighted Index closed 4.22 points lower at 4,154.80. Turnover fell to a thin NT$ 18.57 billion from NT523.73 billion. Brokers said there were signs that major market543 words
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Article882 1992-07-23 25 THE stock market yesterday shook off some of its recent gloom with a 2.76 per cent surge in moderate trading across the board, dealers said. "This is a good sign. There were no rumours floating in the market today... it has surged on its own," said an analyst at882 words
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Article115 1992-07-23 25 SHARE PRICES finished selectively higher on Tuesday in erratic trading, brokers said. "There was technical support," said broker Anil Chowdhury. "Short sellers turned buyers to cover their positions." But no one was interested in building up long positions, he said, because of fears that this might put them in115 words
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Article195 1992-07-23 25 Ctoac Preview J ah 22 NEW ZEALAND NZSE-40 Capital unav unav unav MANILA Composite Index 1.453.79 1.433.04 >20.75 Turnover (mil pesos) 313.71 371.6 -57.89 TAIPEI Wetghted Price Index 4.154 80 4,159.02 -4.22 Turnover (NTS billion) 18.57 23.73 -5.16 SEOUL Composite Slock Index 526 511.84 +14.16 Turnover (billion won) 162.% 107.53195 words
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WORLD STOCK MARKETS
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US stocks eke out gains after 2-day slide
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Article314 1992-07-23 26 July 21 CVMC NEW YORK Dow Jones 3,308.41 3,303.00 5.41 SAP 300 413.76 413.75 +0.01 Turnover (million) 173.76 165.76 —8.0 LOHPOtt Financial Times 30 1,831.0 1,824.1 +6.9 FTSE 100 2,415.6 2,403.7 +11.9 Turnover (million) 416.2 454.4 -38.2 FRANKFURT DAX Index 1.659.77 1,649.67 -10.1 AMSTERDAM EOE Index 291.01 287.64 +2.27 PARIS314 words
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Article, Illustration1302 1992-07-23 26 NEW YORK stocks eked out modest gains in moderate but choppy trading on Tuesday as the blue-chip sector led a technical rebound from a two-session slide. The Dow Jones Industrial Average, which lost 28.64 points on Monday, regained 5.41 points to 3,308.41. Among the broad gauges, the New1,302 words
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Article, Illustration671 1992-07-23 26 SHARES WERE up in trading on the London stock exchange on Tuesday, having had a steady afternoon after wide fluctuations during the early trading session, dealers said. At the close, the FT-SE 100 Index of leading shares was up 11.9 points at 2,415.6. The FT-30 was up 6.9 at671 words
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Article213 1992-07-23 26 THE FRANKFURT stock market indices gave sharply different results on Tuesday following Monday's plunge, operators said. The DAX Spot Trend Index rose by 0.61 per cent to finish at 1,659.77, while the Commerzbank indicator skidded to 1,854.5 against 1,884.30 on Monday evening Operators said that trading was hesitant and213 words
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Article259 1992-07-23 26 DUTCH SHARES closed mostly firmer after a moderate Tuesday session, staging a partial recovery from recent losses on the back of the stronger dollar. But uncertainty over whether the dollar could maintain current levels, reached after Monday's concerted central bank intervention to support the currency, kept operators cautious. The259 words
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Article204 1992-07-23 26 THE PARIS bourse finished an up-and-down day slightly lower on Tuesday, and the CAC-40 Blue Chip Index clocked up its lowest close for over six months for a second day running. The index ended 5.23 points lower at 1,762.67 on leisurely turnover of about 1.9 billion francs' worth of204 words
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Article212 1992-07-23 26 ITALIAN SHARES on Tuesday closed slightly lower as the market consolidated after Monday's sharp losses sparked by the weekend killing of a leading anti Mafia judge. The MIB All-Share Index closed 0.25 per cent lower at 807 and the market is now at levels it last stood at in212 words
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Article253 1992-07-23 26 SWISS SHARES closed higher on Tuesday in a technical recovery as investors took the opportunity to buy high-quali-ty blue chips on lower levels after Monday's steep price fall, dealers said. The All-Share SPI Index rose 15.4 points to 1,128.6 and the SMI Index of leading shares added 29.5 to253 words
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Article134 1992-07-23 26 SWEDISH SHARES on Tuesday climbed part way out of Monday's deep hole to close higher with the aid of a stronger dollar. The bourse General Index closed up 0.98 per cent at 848.55 in moderate turnover of 283 million shares. The top-16 index was up 1.91 per cent. "If134 words
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Article498 1992-07-23 26 CONCERN OVER the state of overseas equity markets sent South African mining financial and industrial blue chips drifting easier in reasonable volume trade on Tuesday. Dealers said the Johannesburg Stock Exchange market was expected to drift sideways until there was a substantial recovery on Wall Street. The Gold Index498 words
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Article391 1992-07-23 26 A BARRAGE of sell orders at the open-, ing set the tone for heavy losses on the Toronto stock market, dealers said. Northern Telecom opened late due to a imbalance of sell orders after it reported surprisingly poor second quarter earnings, they added. The TSE 300 closed off 27.4391 words
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Page 26 Advertisements
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Advertisement9 1992-07-23 26 Advertising Marketing in Business I Times J every Thursday9 words
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CURRENCY, MONEY & FUTURES MARKETS
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1221 1992-07-23 27 REPORTS Tokyo: Late short-covering yesterday pushed up the US dollar from early lows and it ended weaker against the mark in Tokyo but closed firmer against the yen, dealers said. Mark-buying for the yen led the market, which pushed the US1,221 words
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Article379 1992-07-23 27 Cross rates W 22 US$ SS MS Dm Yen SFr AS NZS USS 1 6120 2.4990 1.4860 125.40 0.5240 1.3195 1.3396 1.8248 SS 0.6203 1.5502 0 9218 77.7916 0.3250 0.8185 0.8310 1.1320 MS 0.4002 0.65 0.5946 50.1801 0.2097 0 5280 0.5360 0.7302 Dm 0.6729 1.0848 1.6817 84.39379 words
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Article539 1992-07-23 27 Interbank rates SS Bid Offer Overnight 2 1/16 2 3/16 4-month 2 1/16 2 3/16 2-month 2 1/8 2 1/4 3-month 2 3/16 2 5/16 Overnight mode: 2-1/8 US$ Bid Offer 7 days 3 5/16 3 7/16 1 month 3 3/8 3 1/2 -2 months 3 3/8 3539 words
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334 1992-07-23 27 MILAN The Bank of Italy breathed a sigh of relief as a stronger US dollar, boosted by Monday's central bank intervention, eased pressure on the lira within the European Monetary System's exchange rate grid on Tuesday. But analysts warned the334 words
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Article1528 1992-07-23 27 SIMEX EURODOLLAR 94 Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.52 Dec 92 96.06 Mar 93 96.03 Jun 93 95.71 Sep 93 95.31 Dec 93 94.72 Mar 94 94.55 Jun 94 94.16 Sep 94 93.80 Dec 94 93.32 Mar 95 93.23 Jun 95 92.96 Sep1,528 words
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Page 27 Advertisements
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Advertisement7 1992-07-23 27 Innovation Technology in Business Times every Tuesday7 words
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COMMODITIES
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386 1992-07-23 28 FT, Reuter MOSCOW Russia's oil industry faces critical problems in supply and distribution while the opening of new fields has slowed down to the extent that production in 1993 or 1994 threatens to run below the domestic needs of the former SovietFT,; Reuter - 386 words
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286 1992-07-23 28 Reuter GENEVA Production policy has been dominating a second set of negotiations on a new cocoa pact with economic clauses, but the talks are generally moving at a snail's pace, say delegates. "We have made progress. But nothing is agreed until everythingReuter - 286 words
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742 1992-07-23 28 REPORTS THE PRICE of tin rose by 43 sen to MS 16.96 on the Kuala Lumpur Tin Market yesterday in line with the sharp rise on the overnight London Metal Exchange. Dealers said the uptrend on both the KLTM and LME742 words
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Article1582 1992-07-23 28 Rubber HAS Comwdtty Eictangt (trtro rtMlwf as at lp) WSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 92 144 00 144.00 143.50 325 1.950 Sep 144.00 144.00 144.00 550 4.925 Oct 144 00 143.75 144.25 450 4,075 Nov 144 00 143.75 144.251,582 words
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Page 28 Advertisements
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Advertisement740 1992-07-23 28 BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734-3006 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I.TokNgee Chiang of Blk 362 *11-300 Hougang Avenue 5, Singapore 1953, have applied for a Retail Liquor Shop bcence in respect of premises at MA Kimisawa Supermarket (S) Pte Ltd at740 words
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Article1160 1992-07-23 29 Ctty ggl Pi FHM CTO I Uka PMM GA893 1315 MolaMa QF5 1955 SQ228 2050 RJ183 0005 Amsterdam SQ319 0715 KL838 2240 KL837 1255 AUmm SQ347 1755 BAH 1505 SQ288 2015 gahratw GF148 0855 ffillTirr"~ GA525/910 1755 SSlriBHWM SQ181 1410 SQ182 0915 ■MWlwh QF6 1130 TG4021,160 words
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THE TRAVEL PAGE
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Article, Illustration693 1992-07-23 29 Mark Hodson - LETTER FROM HO CHI MINH CITY By Mark Hodson FROM the roof terrace of the Rex Hotel in Saigon, you can see the twin spires of Notre Dame. The red-brick cathedral is almost an identical twin of its sister in Paris except that it stands693 words
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Article152 1992-07-23 29 As at 10am yesterday: Local dollars to oat unit of foreign currency Currencies Bid Offer Australian dollar 1.1987 1.2130 Canadian dollar 1.3389 1 3660 NZ dollar 0.8742 0.8920 Sterling pound 3.0633 3.1050 US dollar 1.6100 1.6160 Local dollars to 100 ■■its of fanigi currency Austrian schilling152 words
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Article66 1992-07-23 29 Duration Title Venue Organiser Tel Aug 22-25 International Frankfurt, Messe Frankfurt (49)69/***** Trade Fair for Germany GmbH Consumer Goods Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Exhibition Services Sep 6-10 International Earls Court, Reed Exhibition 081-*****71 Duration Title Venue Organiser Td Watch, Jewellery London Companies Ltd and66 words
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Page 29 Advertisements
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Advertisement45 1992-07-23 29 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. W« Know Europe 6am Mrt to lUriL45 words
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Advertisement673 1992-07-23 29 B U S I N E S S__TJL_M_E_J>_ Toll -frae Tel No: 737-0043 Fax No: 734 3698 M THE MATTER OF THE COMPANIES ACT. CAP.SO ANO IN THE MATTER OF MANIFOLD TRADING PRIVATE LIMITED (Incorporated In Singapore) At an Extraordinary General Meeting of the members of MANIFOLD TRADING PRIVATE LIMITED673 words
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Advertisement193 1992-07-23 29 f OFFICIAL NOTICE We, TONG WOON SHIPPING (S) PTE LTD of 11 Collyer Quay #09-05/06. The Arcade Singapore 0104, hereby give notice that In consequence of our purchase of M.V. "ROSMERCATA", we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179)193 words
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Page 29 Miscellaneous
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Miscellaneous340 1992-07-23 29 1 To provide the final insult a learner driver's plate 5 Become reconciled to war 8 j |_L_ 9 Obvious method to find a road where parking is pro- *2 1 I I I J 13 10 How the hours pass when composedly asleep (6) 12 If it goes in340 words
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Miscellaneous166 1992-07-23 29 Singapore Outlook: Shower* over many areas in the early and predawn hours. Report Maximum temperature 30.1 Assoc humidity 72% Minimum temperature 24.S Assoc humidity. 93% Hours of sunshine 1.20 Rainfall in mm 0.5 Rainfall this month 149.2 Rainy days this month 13 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/14 Rain166 words
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Miscellaneous20 1992-07-23 29 a(He's ooi^e-to ft difficult bit Pihd IuiHPitSTMC MftTreß W'TH NM?) Vp>Lf\N<fcD OUT. \SRisrou ?J /-> v -^^5 CVtMMC ST»NC**O CO CTO20 words
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565 1992-07-23 30 Votes come after reformist official gets nine-year jail term AFP, Reuter WASHINGTON US The House of Representatives passed two Bills on Tuesday to clamp down on China's lucrative trade with the US, hours after Beijing sentenced a reform-minded official toAFP,; Reuter - 565 words
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570 1992-07-23 30 Reuter, NYT WASHINGTON Federal Reserve Board chairman Alan Greenspan's faintly upbeat testimony about the economy before Congress is likely to give the White House little encouragement that the economy will bolster President Bush's faltering reelection campaign. The Fed chairman characterised current economicReuter,; NYT - 570 words
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209 1992-07-23 30 AFP JAKARTA Indonesian President Suharto yesterday said the military should maintain its role and involvement in the country's political life to safeguard stability. "If Abri (the Indonesian armed forces) is not involved in the process of determining the orientation of the state, itAFP - 209 words
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Article, Illustration254 1992-07-23 30 Reuter WASHINGTON US Secretary of State James Baker will leave his post next month to return to the White House as President George Bush's senior policy adviser and effective head of his reelection campaign, several Bush administration officials and Republican politicalReuter - 254 words
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Article, Illustration133 1992-07-23 30 AFP HONGKONG Tropical storm Gary bypassed Hongkong yesterday, leaving behind a few inches of rain, scenes such as that above, and a lot of angry businessmen. The Royal Observatory, which last week was accused of underestimating the strength of tropical storm Faye which causedAFP - 133 words
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180 1992-07-23 30 AFP BANGKOK Thailand's Constitutional Tribunal has ruled that the blanket amnesty issued in the wake of the May political turmoil does not violate the national charter, a government official said yesterday. The decision appeared to rule out the prosecution of military officers for the deathsAFP - 180 words
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Article, Illustration781 1992-07-23 30 MANU BHASKARAN; MANU BHASKARAN - The Bottom Line MANU BHASKARAN MANU BHASKARAN The writer is economic research director of Crosby Securities Pte Lid AS THE Chinese economy roars ahead, there are many who see similarities with previous bouts of excessive growth. Some even suggest that this boom, like its predecessors, will781 words
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352 1992-07-23 30 Reuter CAIRO US Secretary of State James Baker yesterday said that he is satisfied Israel will make a "severe and substantial reduction in settlement activity" in occupied Arab territories. He told a news conference after talks with Egyptian President Hosni Mubarak: "IReuter - 352 words
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Page 30 Advertisements
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Advertisement6 1992-07-23 30 Nikon The World's Finest Photographic System6 words
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Advertisement33 1992-07-23 30 Nikon The World's Finest Photographic System j Fast, effective, asprin-free relet of colds/flu, sinusitis and hay fever including nasal congestion, sneezing, Avaitebte a, all *«*<, phannac*.. pains. soia ontnbutor Summit Co (S) Pit Ltd33 words
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Advertisement9 1992-07-23 30 Egypt-Israel relation* likely to thaw, Pg Editorial, Pg 109 words
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Shipping Times
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406 1992-07-23 31 Dexter Lee - By Dexter Lee SINGAPORE The US has become a "war zone" for tanker operators since the introduction of the American Oil Pollution Act of 1990 (OPA 90), said Intertanko managing director Tormod Rafgard last week. Under OPA 90, tanker operators operating in406 words
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Article, Illustration483 1992-07-23 31 Asahi Shimbun TOKYO The basic principle of freedom of maritime transport calls for respect to free and fair competition on a commercial basis and minimising government intervention by leaving the matter to discussion among businesses. However, this principle is at risk now. The biggestAsahi Shimbun - 483 words
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244 1992-07-23 31 Bernama KUCHING Sarawak's shipbuilding industry has the potential to build ships for the international market if its shipbuilders upgrade technology and expertise. Deputy Chief Minister Datuk A mar Dr Wong Soon Kai said on Tuesday. Sarawak shipbuilders, noted for their capability in producing boatsBernama - 244 words
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881 1992-07-23 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo881 words
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409 1992-07-23 31 Diana Oon - By Diana Oon SINGAPORE The shipping industry's growing concern over safety and environmental matters have led major ship classification societies to include them into their existing classification systems. US-based American Bureau of Shipping (ABS) is integrating new ship technologies and safety, quality and enviromental409 words
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171 1992-07-23 31 Knight-Ridder BANGKOK Thailand will cut two customs procedures for big importers and government agencies to promote the country's international trade and to ease congestion at the Bangkok port, a government official said yesterday. The Finance Ministry's Customs Department will waive the price-evaluating process. ItKnight-Ridder - 171 words
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Article192 1992-07-23 31 International Transport Journal LONDON On current trends, the UK-registered merchant fleet could disppear within three years and the total UK-owned fleet within two decades. That was the gloomy prediction of Michael Everard, president of the Chamber of Shipping, when he last week pressed the governmentInternational Transport Journal - 192 words
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LOG BOOK
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110 1992-07-23 32 HONG KONG China plans to build an international airport in the eastern city of Hangzhou to attract foreign investment to coastal Zhejiang province and the nearby metropolis of Shanghai, an official report said on Tuesday. Preliminary work on the one billion yuan (US$lB3 million)110 words
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Article112 1992-07-23 32 SINGAPORE Northwest Airlines has announced that it flew 5.58 billion revenue passenger miles (RPM) in June, up 13.7 per cent from the 4.9 billion RPM flown in June last year. Northwest's capacity was up 8 per cent to 7.55 billion available seat miles in June from112 words
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Article62 1992-07-23 32 NEW YORK Daimler-Benz AG's Mercedes Benz Credit Corp formed a new subsidiary, debis Financial Services Inc, to provide leasing and finance programmes. The company, which provides financing for Mercedes Benz cars and Freightliner vehicles, said on Tuesday the programmes will be aimed at customers of its62 words
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Article65 1992-07-23 32 LONDON The Norwegian flag bulk carrier Havkatt has been surveyed afloat at Ponta Delgada in the Azores after sustaining engine damage on June 26, Lloyd's Shipping Intelligence Service said. The 27,273-dwt vessel will have affected parts replaced and then proceed to Holyhead in about 10 days to65 words
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Article143 1992-07-23 32 PARIS French passengers held hostage by Iraq after their British Airways flight landed in Kuwait during the 1990 Iraqi invasion said on Tuesday they were suing the airline for 51.7 million francs (5516.6 million). "A bailiff was due to deliver notice to British Airways143 words
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Article, Illustration1141 1992-07-23 32 John Giffiths - Mazda is pushing ahead in the race to develop emissions-free fuel by taking on the large technical challenge of hydrogen, writes John Giffiths John Giffiths FT MAZDA, Japan's fourth largest car maker, will soon seek Japanese government approval for an on-high way test programme forFT - 1,141 words
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Article815 1992-07-23 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and815 words
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Article11974 1992-07-23 40 This is a list of ships loading Fi at Singapore for ports around the world. It tabulates, by destination, the name of the 5. ship, the shipping line in- volved and the estimated 7 dates of arrival and departure a from the Port of Singapore. LEGEND m11,974 words
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Article3255 1992-07-23 45 JLm.BC" Containerline NV: Bclsin Shpg Agcncics lie Ltd (SV Marine Handling Sdn Bhd (PK/PN). tccord Group: Accord Shpg Ptc Ltd <$VAccord C'ontr Line (PK/PN). Vdkris Business Corporation Philippine: Calsourcc Shpg Trdg fee Ltd (S) Jthrenkiel Liner Service. Kim Shpg trdg (S). \ltatros Sea-Air Service: Frata Shpg fce Ltd3,255 words
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Article262 1992-07-23 45 Abacus Couriers Td: 545-8011. Fa*: *****98. Air Express I ravel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fa*: *****16. *****80 Airswift Worldwide Courier Td: 278-0188. Fa*: *****83. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fa*: *****75. City-Link International Tel: 344-3377. Fa*: *****50. Cluster Link Supplies Services262 words
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Article1486 1992-07-23 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fa*: *****20. Aerolink Freight International Tel: 545-8033. Fa*: *****05. Aerospeed Tel: 542-5911. Fa*: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fa*: *****74. *****50 Air1,486 words
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Article3041 1992-07-23 46 ARGENTINA Buenos Aires: Port quite: several general cargo berths available. S*n l>orenzo: Six vessels operating of which 3 loading pellets, 3 loading grain; four vessels anchored in roads of which 2 to load grain. 2 to load by-products. Rosario: Eight vessels operating of which 6 loading grain. I3,041 words
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Article555 1992-07-23 46 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 I SEL SI A SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 I TYO NWA555 words
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Article267 1992-07-23 46 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Pep Name of V essel ETA L I D Forts of Calls Port Agent Telephone No JULY 23 23 Ascan World 0900 1800 Sin-Hkt Sembawang Johnson Mgt 227-8284 24 24 Koyal Pacific 1300 1930 Cruise to Nowhere Ocean Trade Chartering 299-0366 26 26 Ko>al267 words
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Article862 1992-07-23 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Young Senator 62.800 dwt and built Jan 1989 Namura. ideas US$22 million. Sovereign Venture: 37,871 dwt and built June 1977 IHI. ideas US$B million but try US$7.5 million. Fsmeralda I: 37.096 dwt and built Sept 1984 Hyundai, best offers invited. Copper862 words
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SHIPS IN PORT
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Article592 1992-07-23 47 VomI ley Hi Baft Arrival P^ertae VttMl V** Baft ftiM Marina Terminal 1 Batam Mam *****2 M05 alongside 23.07/0500 Batammdo 2 2020S M02 alongside 22.07/1900 Sun Amazon SKA11B P06 23.07/1730 24.07/0700 Sutra 1 OA/92 P088 23.07/2100 24.07/0600 Tong Mun 05/92 P02 23.07/1400 23 07/2300 Garuda G62 M03592 words
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Article1720 1992-07-23 47 Jl, i J 7X1 CONTAINERS IN PROGRESS SNP Voy No Conbmn nU* Voy No CaNUtan ntattt Arthur Ms 9212 *****2 0755 Lampung *****N COO(EST) 22 0 7 92 2030 0 Sentosa 67N 21 07 92 0800 Pol East 7225E COO(EST) 2207 92 1500 Supanya Str Pnde 59W *****21,720 words
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Article742 1992-07-23 48 Sept 6-18: Scatradc 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: 732-1970742 words
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Article687 1992-07-23 48 THE FREIGHT market on Tuesday remained in the summer doldrums with no trend-set-ting fixture news circulating. Dry cargo brokers said charterers preferred time-charter deals, mostly in the Pacific, over single voyage bookings. The Baltic Freight Index was off one point at 1,060. Dreyfus fixed US Gulf/Odessa Panamax size687 words
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Article, Illustration435 1992-07-23 50 Reuter NEW YORK British Airways' move to invest US$75O million (SS 1.21 billion) in USAir Group Inc reassures investors about USAir's viability and is an important step in British Airways' global expansion, airline analysts said. It also heightened industry speculation that USAir wouldReuter - 435 words
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391 1992-07-23 50 AFP SYDNEY The US carrier Northwest Airlines announced on Tuesday that it would buy seats on Ansett Australia flights in a new commercial partnership forged between the two airlines. The deal is the first to be announced since Ansett opened negotiations in SeptemberAFP - 391 words
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Article145 1992-07-23 50 AP DUBLIN Aer Lingus, Hie Irish national airline, on Tuesday reported losses of over £10 million (5530.8 million) last year its first losses since 1983. The £10.6-million loss compared with a £7.5 million profit the previous year. Overall the state-owned company suffered losses of £36AP - 145 words
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Article, Illustration352 1992-07-23 50 Reuter WASHINGTON The US commercial aviation agency on Tuesday proposed to put into effect by this winter new rules designed to prevent dangerous buildup of snow and ice on wings of aircraft waiting to take off. Icing has been a factorReuter - 352 words
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562 1992-07-23 50 Reuter MEXICO CITY The president of Nissan Mexicana SA de CV said the company plans massive exports of lowcost, "Made in Mexico" cars to Japan as part of a threeyear, billion-dollar capital spending plan. "We are aiming to shipReuter - 562 words
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270 1992-07-23 50 AFP SYDNEY Striking baggage handlers at Australia's Melbourne airport returned to work yesterday, ending five days of disruption to international flights which affected thousands of foreign tourists. Transport Workers' Union industrial officer Ken Howard told reporters the baggage handlers, employed by Australian carrierAFP - 270 words
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Page 31 Advertisements
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Advertisement389 1992-07-23 31 Gearing up for hydrogen cars, Pg 2 BA-USAir deal a boost for both carriers, Pg 20 £y S I B C O N '92 THE STH SINGAPORE INTERNATIONAL BUNKERING CONFERENCE 10-11 September 1992 Raffles City Convention Centre Singapore As the world's premier bunkering conference, SIBCON has been attracting the shipping389 words
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Advertisement63 1992-07-23 31 the FAMOUS (SBK&L HBEDDEI 224 1833 For more Information please refer to P|. 13 A* Forwarders 15 Mr Fretht Schedule 16 Cockett Report Container Schedule 1' Couner Services 15 Cruse Ferry Schedules 16 Da* FrethtJ If Index 1 Port Conditions 16 S>W* -15 SlmGude 10, 1 Rates 16 Shps m63 words
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Page 32 Advertisements
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Advertisement84 1992-07-23 32 L< o^y- l <^ > Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful84 words
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Page 33 Advertisements
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Advertisement3944 1992-07-23 33 4 H OOCL (S) PTC LTD JAMMNE SHIPPING AGENCIES 'V TEL: *****11 FAX: *****09 IMVMf BOOKINGS TEL: *****34 *****56 lIIBIM TERMINAL/CFS TEL: *****18 220 r EOOQ3 r PEBAKA JARDINE SHffWNG AGENCIES SON. BHD. A p« i 8 PORT KELANG TEL: *****18 FAX: *****91 *****88 KW fin/l AIIT hAIA# r. rwu*».3,944 words
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Advertisement1408 1992-07-23 33 ■□EmHanza 3 SAILINGS TO HONG KONG Mathilde Maersk V 9208 ETA Singapore 28/7/92 Anna Maersk V 9209 ETA Singapore 25/7/92 Laura Maersk V 9209 ETA Singapore 28/7/92 V«M Voy I ETA I ETO Feeder by 1 DESTINATIONS Learort/Anoa TIM M* Mathilda Maersk 9208 ■UJHlWHWBStaWiaaißl!^aEßjggigflH^— CY 28/7 0400 HRS Port HM1,408 words
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Page 34 Advertisements
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Advertisement1334 1992-07-23 34 I HAMBURG EXPRESS 09/129 23/7 1/8 15/8 11/8 10/8 ~I I HANNOVER EXPRESS 09/329 26/7 12/8 14/8 17/8 10/8 I I I KURAMA 17/130 30/7 8/8 22/8 18/8 17/8 r» I I FRANKFURT EXPRESS 83/330 2/8 19/8 21/8 24/8 25/8 I I KAfiUGA 1 22/131 7/8 18/8 30/8 28/8 28/81,334 words
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Advertisement459 1992-07-23 34 I txmttl TO PAPUA HEW QU—tA I IPOM cmpoo vm xrmr pomnmuwomomAß LAI/OOAO ALAM T ALAMO VM WM POO4/HOot/MO««O/IIAa ■BRN ABiCRW (LCL B/BULK) T/S: ALOTAU. OROBAY, KAVENG ACCEPTXG LCI FOR MAM PORTS DISCHARGE PORT KELANG H C. TEL: 3MG701/4 INDIAN OCEAN AND SONTN AFRICA REGULAR SEM-CONTAVO SERVICE urati spom m459 words
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Advertisement1535 1992-07-23 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/WT m M.S Ba HAM RRE ROT ART FH. IHA («M (km m MS) MM) WT) NORASM MUBARAK 9220-3 22/07 12/00 13/00 15/00 10/00 17/00 10/00 19/00 20/00 NORASM AL4AANSOCRAH 9221-3 20/07 17/00 10/00 20/00 21/00 22/09 23/07 24/07 2S/07 NORASM Sll1,535 words
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Advertisement2128 1992-07-23 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tat: *****80 Fax: *****17 ACCEPTS out SAIS srOK BKOK KltS MEMJOI VO4E Muan. Lab. KK J* 80 h Port 23 kd MMJON "iiSCKSLn- n'H 111 2-31 u! STRAITS VENTURE VIBE Muata. lab. RR 2*-27 Jul 2t M2,128 words
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Advertisement2463 1992-07-23 35 UMLt SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I tjCLf \jUllldinCr9 10 Ho* Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 w Ts| 226 2233 Talax: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number^^lo49o9 *****Z nun ww HeSo -Ma mm ua lOU ANT ROT MAM VESSEL VOY AMI HOT2,463 words
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Advertisement668 1992-07-23 36 ima CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/KOT STOK MM/MMM IfWRG BRQCN MTIOF MATMtAM 32M8 23/7 25/1 30/1 5/J 10/9 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to lnduc«m«flt. Atoo accepting cargo to CaMbtonca, Port Said. Port Alexandria, Ganoa, Triaala. ALSO ACCEPTING COIWtNTIONAI CARGO VIA T/S TO668 words
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Advertisement1390 1992-07-23 36 HANJIN SHIPPING FM VSI SM LM HAUL LGB OAK FM *51 11* NMA SA* IM NTC MNMILONGKACH 038E 25/7 ORECT 16/8 19/8 HMUM KNAMTANE MIE 27/7 N. SAVMMIM 0331 3/9 4/9 4/9 1/8 ORECI 23/8 26/8 \f* HANJW KAOHSIUNG 009E 9/8 ORECT 30/8 2/9 2 225 m',2 uanin BREMEN 004E1,390 words
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Advertisement1355 1992-07-23 36 d -1H I mscrixNKiUflSKiosiKTwnoLiicmHi mc u# im w or *c r» cnb no. v I iaw tt-tM n/7 kn nn an nn 1/1 «/s t/» l/t s/i lt/i 21/1 2/1 4/1 y» is/i 14/1 17/1 ia/i 11/1 21/1 ivm m/io■ I SUMnr H 031 2S/7 21'7 1/1 S/I 7/1 l«/t1,355 words
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Advertisement1435 1992-07-23 37 y/ NEPTUNE AGENCIES PTE LTD SINGAPWE TEL: *****77 p NO: **********06) BOOKINGS (FOR ALL NOL SERVICES) (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS -F* *****69/*****06 B UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F0: *****53/*****50 aust/incha/pak service NEPUNE SON BHD MALAYSIA K.L.-(03) *****33, P.K«tan(Ho3) *****67. Panano-(04) *****0,1,435 words
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Advertisement278 1992-07-23 37 YOUR RELIABLE FREIGHT FORWARDER B mfV CUSTOMER SERVICE: 222 *717 FAX 222 7888 Ml/ MAIN LINE: 222 0255 AIRFREIGHT: 545 4259 Penang ETD 30/07 Kaohsiunj ETD 24/07 Pt Kelang ETD 30/07 Busan/Hong Kong ETD 27/07 Bangkok ETD 29/07 Japan ETD 26/07 Jakarta ETD 26/07 Madras ETD 27/07 Manila ETD 24/07278 words
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Advertisement229 1992-07-23 37 nHEUNG-A SHIPPING I Korean Flag Vessels STRAITS/KOREA SERVICE m. m «c n ac km i akmovt tm n n/n tt-M/ti u-m/m k/i? n/m NO I OCMM am SUUMTI VWtl 1241. M M-11/M 11/ M 12/ M MM ■nan cotia «ui n-a/u n-n/ti umh i7M/« mm it/m mniMD am imi/m mmh229 words
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Advertisement1104 1992-07-23 37 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD BOOKMG: *****51/ *****64/ *****06 (FESCO LINE) ENQURES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES lEASTBOUP—fIBCHMWNB WKTBOUND-LOWNG MMHUUB— unas ww K me ww law1,104 words
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Advertisement1559 1992-07-23 38 4* V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD "J W VmT V7\ TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I*l V Md M MALAYSIA: K" LINE MARITIME (MALAYSIA) SDN BHO I M MV M £i TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA LTD Indonesia: p.t.1,559 words
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Advertisement910 1992-07-23 38 SO PHIU-ORI€NT UN€S PT€ LTD 4 s 108 Robinson Road #07-00 GMG Building Singapore 0106 Tal: *****22/*****69/*****00 Tetex: RS ***** FAX: *****76 *****38 BY AIR, LAND OR SEA.... m WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION CAUSTftALIA/NEW ZEALAND/SOUTH PACIFIC FOM* 30 JUL SYDNEY. MELBOURNE.910 words
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Advertisement259 1992-07-23 38 r GOLDEN LINE GUAM GUAN SHPPMG (PTE) LTD 23. TtM hr» Street SKtfQK IIM TO.: S343MS (II UK) fu S343SM (C* lb III2MSMMW) «TKAIT«/>KK>IAII OULT EKRTICE Sport P Mang Ptnang eOLOa SIM Dubai ttammm 31 M COUCH man *arad« Data Oam l«/ll A* CKIHA »MTKI A VS. China Port 4/6259 words
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Advertisement2261 1992-07-23 39 PACIFIC INTERNATIONAL LINES (PTE) LTD *****55bMm IH 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********06 I JAKARTA I BANGKOK ZB VESSEL VOY SIN SKK SSI VESSEL VOY SM JKT SM ESTE BRUGGE 1»N 24/7 27/7 31/7 KOTA MOAH 301 20/7 20/7 2/8 EQUATOR CRYSTAL 1012,261 words
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Advertisement851 1992-07-23 39 F P GUDANG PENANG P. KELANG OCEAN V6L/VOY StN SOU (1) RTM (2) HAM (3) GOT (4) E 24/7 24/7 28/7 NIHON 2292 2877 14/8 16£8 17/8 19/8 E 31/7 31/7 1/8 BENARTY 2302 4/8 21/8 23/8 24/8 26/8 D 7/8 7/8 8/8 ALSIA 2312 11/8 28/8 30/8 31/8 2/9851 words
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Advertisement306 1992-07-23 39 ■■■■■■■■■■■■■HHRI) H*9 ■II Rj SJIJ |®^wiTi®i 9 lAs 13£S< NIGERIAN NATIONAL j ML SHIPPING LINE l NIGERIA EXPRESS SERVICE j river kpam VJt SINGAPORE 34 July ETA Lrqm IS Aug Port N——» 17 Aug rMMi* It Aug »accepting muu amp containers H I BSA° I TRANSPORTATION M MYANMA P& FIVE306 words
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Advertisement2704 1992-07-23 42 4 4 Conventional Semi-Container Full Container Liner Services Liner Services ***-"i*** Gemrai Agents: B—kla§Ag*»ts: Cmmbtml fljMfi; 4#Mft »ftnm m War, Homt m JtHHjuanAW J Yick Fung Shipping* *-*+—>** Cost* Skipping Ptn Lt4 mi *********, on m woo ill SSST-mm, Enternrise Co Ltd CmtnUMH PtaLU (West Atrica only) 2Mistnßoad 4/Hill Shed2,704 words
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Advertisement331 1992-07-23 42 SAMIIDBU MOMESM (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore OKM T«t*x: R*****0 Tafc ******1-3 Fax: 229 4*3*, 227*13* FOR BOOK BIOS CALL DIRECT LINE TEL: *****41/*****43 SMt/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1038 25/07 (SAT) 28/07 (TUE) MERKUR DELTA 933 28/07 (TUE) 31/07 (Ff#)„ DERAJAT 992331 words
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Advertisement553 1992-07-23 43 jjg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PtREAUS 26/7 ROTTERDAM 26/7 HAfA/ASHDOD/ALEXANDRIA 26/7 HAMBURG/BREMEN 26/7 MARSEILLE/FRANCE 26/7 FELIXSTOWE/UK 26/7 BARCELONA/SPAIN 26/7 LEHAVRE/ANTWERP 26/7 fiENOA/ITALY 26/7 GOTHENBURG/SCANDINAVIA 26/7 LOS ANGELES/WC/IPI 26/7 SYDNEY/MELBOURNE 24/7 NEW YORK/EC 26/7 FREMANTLE/ADELAPE 24/7 VANCOUVER 26/7 BRISBANE553 words
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Advertisement35 1992-07-23 43 hx JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES PORTS ETD BANGKOK 24/7 27/7 HONG KONG 24/7 27/7 KEELUNG 24/7 28/7 BUSAN 22/7 31/7 MANILA 26/7 2/8 FOR BOOKINGS PLS CONTACT JEAN/JO/JANET35 words
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Advertisement783 1992-07-23 43 GS3 MCMFELD MARINE AGENCIES (S) PTE LTD nl TEL: *****33 (12 LkiM) I=l FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lin««) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSCI IVOY ETA LOADING FOR SPORt ABYOT 29W8 2«AM OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA NCTSANET 27W8 30/09 DARESSALAAM783 words
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Advertisement799 1992-07-23 43 JAKARTA t BA GKOK I—9—'l ..y— J?" I »Wi* BOUA BHUM 30S »/»7 20/07 MMBJ —1 34W frt 14/07 Ml 27/07 mmmmm isis a/n ot/ot hahta bhum wh s«t »/07 w* »/Q7 tarn BHUM 370 I 01/« 04/1 m»BHar»» 243H M» ?7/07 Hm 30/07 SEMARANG/SURABAYA WMBNI 15W Mw 27/07 IM.799 words
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Advertisement1346 1992-07-23 44 *ANMAC-NELS groupage I PENANG (04) *****6 SIBU: (084) *****9 KUCHING: (062) *****3 Lj\/ JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK [GOTH/U.K/MED PORTS m in rex pk sin 26/7 27/7 28/7 Honf Konc Ldn/Fh/Rdm/Ant 30/7 31/7 1/8 29/7 30/7 31/7 Honf Kong G bur(/Clta|tn/S Mm/oslo 26/7 27/7 28/7 2/8 3/8 4/81,346 words
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Advertisement264 1992-07-23 44 KB* BLUE STAR LINE 11 SINGAPORE TO AND FROM NEW ZEALAND ANO PACIFIC ISLANDS SM MU. LTT SM PREMH VISS 30/7 11/1 13/1 31/1 MULBERA 2SS 14/1 2fi/t 2S/S 14/9 MIST STAR 0626 22/1 3/9 5/9 22/9 FULLY CONTAINERISED SAILINGS DISCHAROINO AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,264 words
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Advertisement1077 1992-07-23 44 THONG SOON UNES PTE. LTD: 77 ROBMSON ROM) #15-00, #16-00 SM BULDMG SMWOK 010S TEL *****5S FAX NO: 227M11, *****22 WBB* TU: US ***** CAMP, US ***** BHU CAME TOSOCO J*- «tt« |m leta Imr nm. Iwf Iswm Ir.BUt 1 KIM SOON LI 63/92E 27 JUL PENANG EQUATOR JEWEL 95N1,077 words
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Advertisement128 1992-07-23 46 LIVING IT EACH WEEKEND, put up your executive feel, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots in128 words
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Advertisement79 1992-07-23 47 Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news, INNOVATION TECHNOLOGY in Business79 words
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Page 47 Miscellaneous
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Miscellaneous441 1992-07-23 47 TIDES AND WEATHER TOOTS TIDES (height m metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0000 *************************500 MOON* 18****************0 2300 JR 1 1 15 1.9 2.2 2.2 2.1 1J 14 1.1 09 08 09 1.1 1.5 19 23 2.4 2.4 2.3 19 1.5 1-2 10 09 pc 1441 words
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Advertisement407 1992-07-23 48 Wftw LIAN HUAT SHIPPING CO (PTE) LTD. 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 ETD VOY407 words
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Advertisement379 1992-07-23 48 JL cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P O. LOADING FOR: OING RONG 12/07 GuanflZtKHi/Huangpo COSCO FULL COHTAMER SERVICEB (FCL/FCL) EXPORT TO: CHMA/BANGKOK/HOMGKONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned379 words
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Advertisement467 1992-07-23 48 Manufacturing {<*~\Weekly LCL ii I Consolidation I OMBO |oS><^ auia nifa'Al 0 i SKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building, Singapore 0106 Sinaapore Tel: *****79 Fax; *****82 Tlx: RS *****SKHNVO Johore Baru Tel: 07-*****8 Fax: 07-*****2 Port Klang Ta»: 03-*****33 Fax: 03-*****81 Port Klang Penang Jakarta Surabaya467 words
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Advertisement1137 1992-07-23 49 ▲HYUNDAI MERCHANT MARINE CO. LTD. •VIA FEEDER PACIFIC SOUTH-WEST SERVICE PM* PKE* PCD* SIT TO USA VOY KAO LBH OAK OAL/HOM CH SIU HYC 21/07 15/67 17/07 24/07 H. INNOVATOR 51E 31/07 17/01 20/01 20/01 21/01 21/01 23/01 2J/07 22/07 24/07 31/07 H. AOMRAL 01E 07/01 24/01 27/08 27/01 21/011,137 words
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Advertisement381 1992-07-23 49 W//MifnCmmTnmm!wlUnmMni STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 t HEAVY LIFTS MOMTHLY CONVENTIONAL SERVICE TO MOil. JAPAN M.V. COSMIC CHALLENGER VlB ETA SPORE 1/8/92 ETA PK 3/8/92 ETA MOJI 17/8/92 FOR BOOKING PLEASE CONTACT: SPORE TEL: *****31 MR P.K. CHIAM K.LUMPUR TEL: *****40 MR S.S. UM *****90 MR KINGSLEY IMLintermaritime381 words
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Advertisement1050 1992-07-23 49 I OUR SERVICE CALLS SINGAPORE lay r r Y*"-* r cS. y direct EVERY ~m« zi/91 KUMWi cm—l f.uai w-m/i? n/w »m nm nm nm nm nm nm WEDNESDAY AM MM MM *I/W MINIMI MMW HBP MMI MM VIM ff/M V/U Vm WU WU Wn mm mm imi u/m miciimdbcmbt1,050 words
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Advertisement67 1992-07-23 50 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times I —-i "The Etecu-Bve Housekeeper -this hotel O Mi, I wsnts >s me. Bob I'll never neglect L ~fahis Hoose, baby I Any job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New67 words
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Advertisement8 1992-07-23 50 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times8 words
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Investing '92
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Article, Illustration680 1992-07-23 51 S N Vasuki - By S N Vasuki SINGAPORE investors arc in a quandary. Many of them have surplus investable funds but are not very sure where they should be putting their money this year. Perhaps for the first time in years we are witnessing the phenomenon of too680 words
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Article, Illustration2065 1992-07-23 52 Tan Siew Kheng - The Singapore dollar has risen against many foreign currencies over the past year. But Tan Siew Kheng advises investors to be aware of exchange rate risks Tan Siew Kheng The writer is vice-president. Treasury, oj DBS Bank TODAY, the cashrich Singapore investor isSource: DBS - 2,065 words
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Article808 1992-07-23 53 Diana Oon - By Diana Oon The writer is a BT journalist FIXED deposit rates are now at their lowest level in five years. A combination of factors leading to falling interest rates have brought the market average for three-month deposits to 3 per cent, slightly lower than the808 words
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1986 1992-07-23 54 Soh Eng Hwa - Soh Fng Hwa picks the stocks that have good earnings potential Soh Eng Hwa The writer is research manager of Phillip Securities Pte Ltd THE Singapore stock market has undergone consolidation between 1,350 and 1,500 for about six months and is expected to move out1,986 words
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Article, Illustration1631 1992-07-23 55 Tan Mong Tong,Lim Peng On - Tan Mong Tong and Um Peng On assure investors that derivative instruments are not as complex as they seem to be Tan Mong Tong,Lim Peng On Mr Tan is managing director and Mr Lim, director, of investment banking, NDC Merchant Bank Limited Derivatives areSource: NDC Merchant Bank - 1,631 words
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Article, Illustration1393 1992-07-23 56 Willy Shee - In other words, are the good times over for residential landlords? Willy Shee puts the market conditions into perspective and points out factors affecting the tenant's choice. Willy Shee The writer is the managing director of Richard Ellis IS THE residential rental1,393 words
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Article, Illustration1292 1992-07-23 58 Sylvia Wong - For those out looking for that dream apartment, there is good news and there is bad news, writes Syhia Wong Sylvia Wong The writer is a BTjournalist IT's been about six months since the naysayers of the property field prophesied that condominium prices would fall due to an1,292 words
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Article, Illustration801 1992-07-23 59 RARE is the car that can balance family, corporate and sporting needs all at once. A mini-bus might be the best thing to ferry the wife, kids, dog and windsurfboard around, but it isn't exactly what you would call stylish. On the other hand, something sleek, sporty and801 words
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Article, Illustration966 1992-07-23 60 Tan Suee Chieh - Tan Suee Chieh looks at investment-linked life policies, which offer good yields as well as protection benefits Tan Suee Chieh The writer is general manager and actuary of the Prudential Assurance Co Singapore Pte Ltd ITS a balanced investment portfolio equities, property, fixed interest instrumentsSource: Prudential Assurance Company Singapore - 966 words
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Article1109 1992-07-23 60 A J Pathmarajah - A J Pathmarajah examines the investment values of various types of life-insurance policies A J Pathmarajah The writer is director and chief executive officer of Great Eastern Life FOR CENTURIES, life insurance has provided the benefits of financial protection and security to countless number of families.1,109 words
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1797 1992-07-23 61 Charles Chow - Charles Chow assesses the Singapore residential property market and some property counters Charles Chow The writer is research director of J Bellas Investment Research The objective of the recently announced additional government land sales is to cool the market and not kill it. In1,797 words
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Article, Illustration1173 1992-07-23 62 Kooi Cho Teng - Card competitors are going all out to outdo one another with freebies and prizes as the number of credit and charge cards in Singapore falls, writes Kooi Cho Teng Kooi Cho Teng The writer is a BT Journalist AFTER convincing people that1,173 words
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Article, Illustration1487 1992-07-23 63 Alain Farhi - Alain Farhi introduces you to the world of precious metals and explains how you can invest in them Alain Farhi The writer is the managing director of Comhedge Pte Ltd and Future Source Singapore Pte Ltd FOR centuries, precious metals such as1,487 words
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Article, Illustration1765 1992-07-23 65 David Ranson - David Ranson examines how the price of gold can serve as a forecasting tool David Ranson The writer is president of H C Wain wright A Co Economics Inc and the article is a summary of a presentation given by him at1,765 words
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Article, Illustration615 1992-07-23 65 Hong Lee Tiam - Hong Lee Tiam takes a look at an area of investment that's worth watching out for Hong Lee Tiam The writer is a BT journalist An investment that appreciates as time goes by that's how some buyers view their timepieces. It's usually the intricate, hand-made ones that catch615 words
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Article1454 1992-07-23 66 Stella Chua - Stella Chua explains why unit trusts are a good investment channel for the investor who wants to see that his savings are not eroded by inflation and will yield him a decent return Stella Chua The writer is manager, investment division, of Schroder International Merchant Bankers1,454 words
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Advertisement100 1992-07-23 51 CONTENTS Currencies Investors' dilemma Page 2 Fixed deposits Heading south Page 3 Stocks Six top performers Page 4 Derivatives A growing market Page 5 y v;_ fi Residential property Will home rentals fall? Page 6 Shopping for an apartment Page 8 Insurance Life as an investment Page 10 Credit cards100 words
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Page 52 Advertisements
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Advertisement138 1992-07-23 52 Cassardi menswear. The range is wide, the choice yours. Silk Ties Polyester Ties Business Casual Belts Leather Accessories Links Pants l <ol r' r Italian Silk Ties Yi From $59 I I CASSARDII Leather Accessories J From $35 Belts From $49 Tj^^V Singapore: Available at: Allure Leather House, Marina Square138 words
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Advertisement480 1992-07-23 53 HDB SHOP LOAN Why rent when you can own your HDB Shop? 11 m 111 u 111 rrrmi I *x tfizj Y TT FLO*.* $T BILDSjOp cf<4 n*w!J rTTrn r 5 Lnnnpli-J l f== »V't> °a»*» *lV W h- I !000(0301 _♦> S •V.** JmtMl,-^; a a A —/)H jCX,480 words
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Advertisement49 1992-07-23 54 Unique buckle crafted-out from solid stainless stool block g Solid stainless stool bracelet Art Sapphire crystal C a 30 motors water-resistant SWISS 1 year international guarantee Of "H™® B Distinctive design is the SOLE AGENT: SOUTH EASTERN INTERNATIONAL (PTE) LTD. Available at all leading watch retailers v t r~49 words
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Advertisement200 1992-07-23 54 FOR 142 YEARS, THE WORLD'S FINEST SHOEMAKER Throughout its illustrious history, Johnston Murphy® has remained the shoe of preference for the world's most influential gentlemen. The incomparable comfort, impeccable quality and elegant styling have become a legend in unrivaled workmanship dating back to 1850...when Englishman William J. Dudley sailed to200 words
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Advertisement849 1992-07-23 55 INVESTMENT ASSURANCE PLAN givesyou 6.74%*,, It's safe and secure. 0 High projected yield of 6.74%* p.a. compounded for Apply Now 10 yCHfS Surely you deserve something as good as lAP. So act now and invest in Great Eastern Life Investment Assurance Plan right away. [t/1 Immediate life assurance protection Complete849 words
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Advertisement291 1992-07-23 56 To persuade you to computerize your business before September 30th, we decided to abandon the technospeak and use the kind of language everyone understands: If you've been dragging your heels when it So, if you'd prefer to avoid a single financial whether you know a lot or a little about291 words
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Advertisement496 1992-07-23 57 In reaching financial targets, 180 years of practice comes in handy. The business of making money is all too recently earned us the title of Unit Trust often a hit and miss affair. Managers of the Decade" in the United Kingdom. So if you've suffered the occasional Now, the latest496 words
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Advertisement69 1992-07-23 58 I jfl 9 cm* J H w I» m *>*«■»• «r >.«»^ (F 1 tttfftiiijM*lßlWfr* M M% HI c# t IJI IJ "■F JH Si jg^^3BCT|^B^p)isa^^^^^pj[Sßaira"Mn jg I I! if,-; M ;:|ffl (fl 1 agZWWS»» lI»2£T I #ay^Biw^Wl3ail«KMH>C I' }iw graJ jytjJßß puflin all add colo^re a breeze. USt Foreign:69 words
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Advertisement120 1992-07-23 59 M—Z-LL— &K». ML^ 11l I B^P^ »•j f nf -3- HMBV 4 bjjp-j li"*4 v J ijC^>''" MPNF JMPT ™Mr jdp ML. HHb* B>i»||| c?« Tf i Ml i ;u.iSv3*#r fi'i* lit Bes* fl* a< i< r HSj^bb.^—-Ji Little Coupled with full condominium nven- facilities ranging from swimming e dis-120 words
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Advertisement99 1992-07-23 60 GLOBAL INVESTMENT '93 2nd International Exhibition and Conference on Banking, Finance Investment 11-14 May 1993 Raffles City Convention Centre Singapore Supported by: Organised by: Financial Houses Association m Tn£mmEE* M of Singapore 'Sl Life Insurance Association jT Life Underwriters Association Times Centre, 1 New Industrial Road, of Singapore Singapore 1953.99 words
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Advertisement153 1992-07-23 60 HILL SAMUEL PRIVATE BANKERS Open the door to global property finance No two clients' mortgage needs are the same and that's why at HILL SAMUEL we provide the ultimate in highly flexible tailor-made loans to suit individual requirements. Blf you're thinking of currency switching investing in a residential repayment flexibility153 words
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Advertisement132 1992-07-23 61 v JSNj^BBLtI^BsHdMBifi^^^BEMBB 1- <l JSC^WE^^I IB -2T *,s*»- >Le**V B*- i-i ~r %*v --**.^^ag Ji I |#m k :T^'^-"-^J* '~vScXy^g^p-ff '1 T^."" r -r->cSP&2. i jjfi iifnii^^^i^*?Fwm*w I > r 3 j* -J^rr^i I m And because we know what life is all about, it's not just your life that132 words
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Advertisement192 1992-07-23 62 jfc <.!■£□» They can be FXLA holders. So can you. Bank of East Asia's Foreign Exchange Leverage Account (FXLA) allows practically anyone to invest in foreign currencies. And at a great convenience, too. With just US$lO,OOO you can now open a FXLA a dynamic investment tool that allows you access192 words
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Advertisement160 1992-07-23 63 Tt' W: i j^w^ WITH $11,000 WORTH OF extras at extra would WE call 240 special edition. 1 i" ~i, .-/rpM^M VOLVO We've specially fitted the classic Volvo 240 with more than 11,000 worth of luxuries at absolutely no extra charge. HHEI ■m dm r. n the comfort sewn leather160 words
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Advertisement203 1992-07-23 64 *wi f 1 i FtTwl 11 WSm. ;•<■ v#:: > y I^MK *j| ;ftili v ii «Pm|l > -.V:K ]S*H -#i j^J| l Jplppliif gjj^ WaKut:. #*4 H^B ■HHfiß 3 1 Bw it JHBHHBBBBHHBBBHBk. > >^^^BSBBH^^IH SOLE AGENT SERVICE CENTRE: W'E'L'L'T'l'M'E SINGAPORE PTE LTD 435 Orchard Rood #12-01 Wisma Atrio,203 words
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Advertisement188 1992-07-23 65 Everything you read about Bicom 8240 i, die world's smallest and lightest notebook computer, AAbMeria. The Straits Times, Sa«a2«i*Do7(s2» Special Feature MsSf on PC Show m pore«provided; one eedi As for oriA Thursday #°p s ilo naitliA 25June 1992. ay SScTj #A display md tpmx far a butk-n Ktedofar, <uv_188 words
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Advertisement122 1992-07-23 65 BANK OF NEW ZEALAND FOR YOUR FOREIGN CURRENCY DEPOSITS. fC MINVEST WITH CONFIDENCE IN THE WORLD'S LEADING CURRENCIES. TERMS NZ$ AUS USS STERLING L DM ECU IMTH 53% 4.75% 3% 9.375% 9.0625% 9.7% MLN.AMT 20,000 20,000 20,000 10,000 20,000 30,000 INTEREST RATE AT PRESS TIME. INTEREST EARNED WILL BE SUBJECT122 words
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Advertisement258 1992-07-23 66 Thttmr VTEC Ho»Ja Civic A I Marked as a world reference car Realised through the relentless pursuit of some of the world's finest automobile engineers. JtHH (Alt I OF TIE ytlk'9l/'92. The new VTEC Honda Civic moves with an k m mm intelligent engine that smartly responds to the needs258 words
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