The Business Times, 6 August 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Thursday, August 6, 1992 75*
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  • NEWS SUMMARY
    • 61 1 WASHINGTON US President George Bush said in a newspaper interview yesterday that he has not ruled out deploying US troops in the Yugoslav civil war. American forces might be useful in achieving humanitarian objectives, he told VS.4 Today. But Mr Bush
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    • 63 1 TOKYO Russian Deputy Prime Minister Mikhail Poltoranin said yesterday that he wants the US to take part in its talks with Japan over a deadlocked territorial dispute. He had been quoted earlier by the Japanese press as saying that Russia wanted assurances
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  • MARKETS SUMMARY
    • 33 1 WALL STREET gave ground yesterday morning, faced with continuing resistance from sellers after its recent sharp rally. The Dow average dropped 9.45 points to 3,374.87 in the first hour of trading.
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    • 22 1 LONDON stock prices were lower yesterday morning. The FTSE 100-share index fell 11.6 points to 2,395.9 at 1130 GMT. AP
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    • Article, Illustration
      29 1 Wednesday Change BT-MGA 697.57 -4.81 Kuala Lumpur ....602.58 -0.96 Tokyo 15.983.64 -291.05 Hongkong 5.841.24 -18.54 Sydney 1,605.4 -7.1 Tuesday Change New York 3,384.32 -11.08 London 2,407.5 -12.7
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    • 23 1 Exchange rates USS SS 1.6110 100 Yen SS 1.2650 MS SS 0.6439 Money market rates Overnight 2 1/2 -1/2 3-month 2-9/16% +1/16
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    • 36 1 London Gold AM fix USS352.90 +USS0.I5 Rubber S'pore Sep 142.25«/kg -0.25 M'sia Sep 220.50«/kg -0.50 KL Tin Turnover 37 tonnes +17 Spot MSl6.53/kg -0.42 Crude palm oil Turnover 718 lots +155 Oct MS837 /tonne +5
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  • 627 1  -  MAS figures show net $3b lending outflow to Asian dollar market By Alvin Tay, Kooi Cho Teng SINGAPORE With too much cash and not enough borrowers, Singapore's commercial banks have shifted billions of surplus dollars into foreign currencies and placed them in
    627 words
  • 489 1  -  By Colin Tan, Lilian Ang SINGAPORE Listed First Capital Corporation (FCC) stands to reap an estimated $265 million from three condominium projects it is launching between now and early next year if the market remains firm. Most of the profit will
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  • 253 1 NYT WASHINGTON Canada, Mcxico and the United States raced towards an agreement yesterday on a North American free trade accord, pushing to fashion a single broad compromise on a short list of small but politically touchy differences. The final step could come as
    NYT  -  253 words
  • 434 1  -  By Chuang Peck Ming SINGAPORE Employers will try to get unions and the government to back their plans to have employees share the rising costs of medical benefits. Announcing this yesterday, the executive director of the Singapore National Employers' Federation, Mr
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  • 211 1 AFP TOKYO The Japanese government plans to send a mission around Asia with the idea of establishing a "common financial system" for the region, a Japanese newspaper reported yesterday. The Nihon Keizai Shimbun quoted unidentified foreign ministry sources as saying
    AFP  -  211 words
  • Page 1 Advertisements
    • 474 1 fßurberrys 1 RF'.D a i I i Reigns when it pours <**X><><<*X'<*XX**XXX***KXX Singmarine profit falls SINGMARINE Industries Ltd posted lower interim results yesterday. Group net earnings of $8.62 million, down 16.2 per cent from the year prior, came in slightly below market expectations Page 3 KHJC earnings slide BROKING firm
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    • 158 1 Hock Lock Siew Shangri-La gives SES good opportunity to make stand on disclosures, Pg 3 Butterfly by ro/A di albizzate g B ModrlK-TTOFLY. designed by Roberto I Lazzarrxti. An unique design available I in armchair. 2-seat v>fa and mak hing B table*. A real work of art. Never before has
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    • 45 1 NEW ULTRA AR432 .4 w»« ..•A Adds an extra 5.7 yards UNCton ICTj. 0 f 10 aid premier line trcxn ROYAL SPORTING HOUSE PTE LTD Offer incentives for staff to stay healthy, employers urged, Pg2 Cheow Tong highlights worrying trends in medical profession, Pg 2
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  • SINGAPORE NEWS
    • 287 2  -  Minister suggests rebates on unconsumed sick leave Reports by Anna Teo SINGAPORE Employers should do more to encourage their staff to stay healthy, including giving rebates to those who do not use up their medical leave, said Minister of State (Health)
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    • 299 2 SINGAPORE Health Minister Yeo Cheow Tong last night pointed to two worrying trends in the medical profession the growing emphases on specialisation and on high-tech equipment and procedures. Mr Yeo noted that people are now going directly to specialists instead of their
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    • 304 2  -  By Schutz Lee SINGAPORE The double tax deduction on expenses that local companies incur when they participate in approved trade fairs has been extended to cover the cost of bringing overseas buyers to these fairs, giving the exhibition industry a further boost. The
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    • 388 2 SINGAPORE The government expects to collect $975 million in foreign worker levy this year, $95 million more than last year. But how far the revenue jump reflects increased demand for foreign workers is not clear. That's because the levy for
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    • 372 2  -  Asian Securities Industry Institute Conference From Maggie Ford in BALI PRIVATISATION of stateowned enterprises, while beneficial to both the government's budget and the stock market, raised a number of issues of public concern, participants at the conference agreed. Speakers said that
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    • 441 2  -  From Shoeb Kagda in BALI THE capital markets of the Asia-Pacific region have matured considerably and are therefore less risky for foreign investors, said Christopher Chong, head of research at Kay Hian James Capel, Singapore. Although the nine major markets of the
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    • SINGAPORE ROUNDUP
      • 107 2 RESERVISTS will soon be able to hold passports that are valid for 10 years. Defence Minister Yeo Ning Hong said last night that the Defence Ministry had. after a study, decided to remove the two-year restriction on reservists' passports. But reservists will
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      • 51 2 PRIME Minister Goh Chok Tong will open the NTUC Ordinary Delegates' Conference to be held from Oct 15-17. The theme of the conference is Union for You. NTUC secretary-general and Deputy Prime Minister Ong Teng Cheong will outline the labour movement's programmes for the
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      • 45 2 THE NTUC is looking into the possibility of developing holiday facilities for Singapore workers around Lake Toba in Sumatra. A visiting NTUC delegation led by secretarygeneral Ong Teng Cheong recently had talks on the proposal with Indonesian officials in Medan.
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      • 29 2 THE third Asia-Pacific risk management conference and trade exhibition will be held from Oct 4 to Oct 7 at the Westin Stamford and the Westin Plaza.
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    • 292 2  -  By Said Abdullah SINGAPORE The Association of Muslim Professionals (AMP) is forging close links with its Indonesian counterpart, a move that could lead to their long-term participation in the Growth Triangle economies. AMP and the Association of Indonesian Muslim Intellectuals (ICMI) are forming
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    • 230 2 SINGAPORE Hongkong's Hutchison Telecommunications, a wholly-owned subsidiary of Hutchison Whampoa Ltd, could provide stiff competition to Singapore Telecom International's (STI) bid for Australia's third mobile phone licence. STI, the overseas investment arm of Singapore Telecom, and Hutchison were among the nine
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  • COMPANY NEWS 1
    • 463 3  -  Better outlook for shiprepair expected to boost second-half results By Juliette Walker SINGAPORE Singmarine Industries Ltd posted lower interim results yesterday, but the second half is expected to be brighter amid signs that the shiprepair market is improving. Interim group net earnings slid
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    • 315 3  -  From Rahita Elias in JAKARTA NATIONAL carrier Neptune Orient Lines (NOL) yesterday marked the official opening of the building housing its Jakarta office. The Wisma Trident, located in the city centre, cost some six billion rupiah (Ss4.B million) to build and is owned by
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    • 156 3 SINGAPORE Local research service firm Investamatic Singapore Pte Ltd will launch a computerised stock analysis program specifically for use in Asian financial markets. The new Betamatic service, which focuses on portfolio risk management, will be commercially available on a daily basis by the end of
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    • 161 3 SINGAPORE Tiger Medicals Lid has teamed up with Regina pic to distribute the "Regina" brand of royal jelly. A 50-50 joint-venture company has been formed with an authorised capital of $1 million comprising a million shares. The initial paid-up capital of the company
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    • 709 3  -  THE HOCK LOCK SIEW COLUMN Firm decision needed as more listed companies are investing abroad By Lee Han Shih SINGAPORE If the Stock Exchange of Singapore (SES) is looking to make a stand on how listed companies should
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    • 350 3  -  By S N Vasuki SINGAPORE Sliding volumes on the Singapore stock market took their toll on the half-time performance of listed broking firm Kay Hian James Capel Holdings Ltd. The company reported a 27.8 per cent fall in group turnover and 35.2
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    • 236 3 SINGAPORE Cycle Carriage Ltd (CCL), taking two more steps in the restructuring of its property interests, has incorporated three wholly-owned subsidiaries and renamed four of its companies. CCL formed CCL (Ampang) Properties Sdn Bhd for its 43,000 sq ft site at Jalan Ampang
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    • COMPANY BRIEFS
      • 46 3 SINGAPORE The Oversea-Chinese Banking Corporation told the Stock Exchange yesterday that directors had yet to meet to consider its interim results. The bank was responding to a BT article on a probable bonus issue by OCBC this year.
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      • 83 3 SINGAPORE American International Assurance has formally closed a deal to buy a 6,774 sq m site from construction group Lee Kim Tah for $57 million. The site, bought from Lee Kim Tah subsidiaries Lee Realty Pte Ltd and Arovest Pte, comes with planning approval
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      • 75 3 SINGAPORE Lum Chang Corporation Pte Ltd has renounced its rights entitlement for 14.84 million Eu Yang Sang Holdings Ltd shares at 1.05 a share in favour of its parent company, Lum Chang Holdings Ltd. The rights acceptance will give Lum Chang Holdings a 55-per-cent
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      • 50 3 SINGAPORE Hong Fok Corporation yesterday announced the acquisition of two investment companies, Defoe Pte Ltd and Brisco Pte Ltd. Each has authorised capital of $100,000 divided into 100,000 shares of SJI each and paid-up capital of Ss2 divided into two shares of S$ 1 each.
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      • 63 3 SINGAPORE Bousteadco Singapore Ltd (Bco) said yes-! terday that Jack Chia-MPH Ltd had extended its takeover offer to cover all Bco share options exercised before the offer closes on July 31. Jack Chia-MPH will advise option holders separately. Bco's adviser on the offer, N M Rothschild
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      • 26 3 SINGAPORE Singapore Land Ltd yesterday announced the resignation of director Wee Sin Tho, and the appointment of Lim Hock San as his replacement.
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    • COMPANY BRIEFS
      • 81 4 Hongkong Electric Holdings Ltd said it iwpects its current year final profit and full-year dividend to iflp no less than those made in 1991. The utility, a unit of 9futchison Whampoa Ltd and which holds the franchise to H&ipply power to Hongkong island, had
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      • 72 4 SHANGHAI One of Shanghai's largest investment housfcs on Tuesday revealed plans to join forces with a Taiwan securities firm to sell China equities in Hongkong, which would make it the first Chinese firm to offer such services overseas. The Shanghai Investment and Trust Corp has
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      • 92 4 ;rOKYO Thailand's Wang Kanai Sugar Group and Japan's Nissho Iwai Corp are negotiating to promote a sugar refinery project in Vietnam, a Nissho Iwai official said yesterday. The official said his company and the Thai sugar group have not yet concluded any agreement on the
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      • 88 4 MANILA Philippines food and beverage giant San Miguel Corp has entered into joint venture agreements with two foreign companies to improve its seafood products and market them overseas, the company said. US-based Neptune Fisheries Inc has agreed to transfer technology to upgrade the
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      • 65 4 BANGKOK A subsidiary of the state-owned Electricity Generating Authority of Thailand has applied to be listed jOn the Stock Exchange of Thailand, Egat said yesterday. {Electricity Generating Co was formed to manage power Pts in Rayong, 200 km south-east of Bangkok. It expects e fully
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    • 362 4 But stock exchange conditions and rules must improve first: official Bloomberg NEW DELHI India's stock markets, expected to be thrown open to direct foreign investment later this year, could attract up to US$4 billion (556.4 billion) from abroad. Securities and Exchange
      Bloomberg  -  362 words
    • 313 4  -  From Shoeb Kagda in BALI THE stockmarket scam that rocked the Indian equity markets earlier this year dampened investor boldness but did not affect overall enthusiasm, said S A Dave, chairman of the Unit Trust of India. Mr Dave told BT
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    • 436 4 HONGKONG A growing number of new players from Hongkong are training their sights on commercial and residential development in China. Among the newcomers are Hongkong-listed companies like Morning Star Holdings, Wah Kwong Shipping Holdings and Harbour Ring International, said a recent report
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    • COMPANY BRIEFS
      • 88 6 COPENHAGEN Carlsberg A/S said it plans to spend 1.3 billion Danish kroner (***** million) on restructuring its beer and soft drink production activities. All the Danish company's brewing operations will be moved from its Tuborg Brewery in Hellerup to the Carlsberg Breweries in Valby, where
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      • 88 6 TAIPEI SunSoft, a subsidiary of the US computer workstation maker Sun Microsystems, said it will open an office in Taiwan and develop Chinese-language based software here. The company is the third major US company after Hewlett Packard and Microsoft to announce plans to develop Chinese-language
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      • 91 6 BUCHAREST Amoco Corp has signed a US$2O million (Ss32 million) oil and gas exploration deal with Romania, a senior company executive said on Tuesday. "This is our first concession deal in East Europe, and the first foreign investment in Romanian oil and gas exploration,"
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      • 105 6 BERLIN German pharmaceutical concern Schering AG said first half group net profit fell 4 per cent to 179 million deutschemarks (S$ 195 million) from 186 million marks in the same period last year. Sales rose 5 per cent to 3.45 billion marks from 3.30 billion
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      • 89 6 NEW YORK Motorola Inc, one of the world's leading makers of microprocessors, said on Monday that it would incorporate into one of its communications products an innovative approach that is increasingly being used by computer manufacturers: "flash" memory chips that may never become obsolete because
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      • 92 6 LONDON Wickes pic said it earned £2.6 million (Ss7.B million) pre-tax in the first-half of 1992, compared with a pre-tax loss of £12.9 million a year earlier. The UK building materials company said in a statement that no first-half dividend will be paid because it wants
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    • 397 6 Reuter TOKYO A delay in Japan's economic recovery could force the country's microchip and computer makers to discard their rose-coloured glasses and cut early optimistic profit forecasts for this business year, analysts said yesterday. But few are likely to be in as dire
      Reuter  -  397 words
    • 345 6 Reuter AMSTERDAM Dutch chemical group Akzo NV has reported a 14.6 per cent rise in second-quarter net profit to 218.3 million guilders (*****.1 million) but says it will be harder to achieve an earnings increase in the second half of this year. Akzo still
      Reuter  -  345 words
    • 399 6 FT, NYT NEW YORK US chemicals company Monsanto has sold its Fisher Controls valve and systems subsidiary for U551,275 billion (552.053 billion) cash. The group has been seeking to focus on its core businesses amid a difficult operating environment. The buyer is
      FT,; NYT  -  399 words
    • 439 6 Bloomberg PRINCETON, New Jersey Berlitz International Inc, a unit of Maxwell Communications Corp pic, is in merger talks with an unidentified bidder. Berlitz declined to comment on the possible merger, but said on Tuesday that it hoped to complete the talks as "soon as
      Bloomberg  -  439 words
    • 665 6 MARKET TALK Bloomberg HONGKONG A flood of new stock issues is hitting the Hongkong market at a time when uncertainty over relations with China and the United States is already dampening sentiment and analysts fear prices may deteriorate as a result.
      Bloomberg; Source: Bloomberg  -  665 words
    • 255 6 FT MONTREAL Canadian Pacific, the diversified holding company, has unveiled disappointing second-quarter and first-half results. However, the group said on Tuesday that heavy grain movements, strong oil and gas output and improved forest products markets would help in the second half. Subsidiaries in
      FT  -  255 words
  • Page 3 Advertisements
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  • Page 5 Advertisements
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  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • 358 7 FT LONDON The Royal Bank of Scotland is being sued for up to £418 million (551.29 billion) and National Westminster for more than £71 million by the liquidators of a small banking group at the heart of an alleged fraud. The banking group,
      FT  -  358 words
    • 268 7 Reuter FRANKFURT Deutsche Bank AG, Germany's biggest commercial bank, said yesterday that moderate growth in the world economy and an economic slowdown in Germany pushed first-half profits below 1991 levels. The bank said first-half group operating profit fell to 3.06 billion marks (553.33
      Reuter  -  268 words
    • SMALL CHANGE
      • 85 7 NEW YORK Bear Stearns Companies Inc reported on Tuesday that earnings rose 56.6 per cent in its fourth quarter, to US$7B.B million (S$ 126.9 million), or 75 cents a share, the second-highest quarterly showing by the firm. The results were in line
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      • 75 7 HONGKONG Lippo Ltd has held preliminary talks with China Resources (Holdings) Co Ltd on the possible joint acquisition of a financial institution in Hongkong. The company made the announcement through the Hongkong Stock Exchange yesterday following reports quoting a director of China Resources saying it
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      • 70 7 SINGAPORE Money World Singapore '92, the first major currency exhibition here, will be held at the World Trade Centre from Oct 3 to 7. Organised by the the Board of Commissioners of Currency of Singapore (BCCS) to mark its 25th year as the Republic's sole
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      • 69 7 KUALA LUMPUR State-owned Bank Bumiputra Malaysia Bhd has cut interest rates for one- to 12-month fixed deposits to between 7.9 and 8.15 per cent with immediate effect. One-month fixed deposits will now fetch 7.9 per cent, down from 8.1 previously. The three-month deposits rate
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    • 287 7  -  By Dawn Tan SINGAPORE The Public Utilities Board has raised Sslso million in long-term funds to finance an expected increase in its capital expenditure. The new bond-cum-war-rant issue, which has already been fully taken up by POSBank, comes exactly a year after the PUB
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    • 376 7 Reuter LONDON British-based international banking group Standard Chartered pic said yesterday it had added a further £50 million (*****.5 million) general provision to cover a fraud in Bombay in addition to a specific provision of £50 million. This helped push the group's charge for
      Reuter  -  376 words
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    • 138 7 Bjfjprpfty ***** 1882 THE BFIIIT OF FOlll CZHIS SETHIS TO SIOITI THE WAY FOR THEIR NEW OLYMPIC TEAAI I I (We've pi 10% proof) I Nazdorovie.or as you say. Cheers. After an smoothly as democracy in St. Petersburg. And melting H absence of 75 years, the Czars' spirit is back
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  • THE REGION
    • NOTE BOOK
      • 76 8 BANGKOK A Thai government committee on the Asean Free Trade Area (Afta) has endorsed a proposal to narrow the list of products to be excluded from Afta's tariff reduction programme from 1,107 to 224 items. The endorsement was made during the first meeting on Tuesday
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      • 83 8 BANGKOK Thailand's newly appointed air force commander, Air Chief Marshall Gun Pimarnthip (above), has said that under his leadership, the Royal Thai Air Force will temporarily suspend arms purchases, the official Thai News Agency said yesterday. He said he would not order any new
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      • 66 8 BANGKOK Asean has urged the US to settle its disputes with trading partners within the framework of the General Agreement on Tariffs and Trade (Gatt). Asean officials and business leaders told US counterparts at a meeting here on Tuesday that unilateral American actions against
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      • 93 8 KUALA LUMPUR Malaysia and Vietnam are nearing an agreement to jointly search for oil and gas in a disputed area of the South China Sea, the head of Malaysia's state oil company said yesterday. Kuala Lumpur and Hanoi signed a memorandum of understanding
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      • 62 8 MANILA The Asian Development Bank said yesterday ithad approved a loan of USS3SO million (SSS6O million) for a power expansion project in West Java in Indonesia. The loan proceeds have been earmarked for building three more power generating units of 600 megawatts each for an
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    • 388 8  -  KL court recognises difficulty of halting operations within 14 days From Leslie Lopez in KUALA LUMPUR A CONTROVERSIAL Japa-nese-controlled chemical plant, which was ordered to stop its operations in northern Malaysia because of leakages of radioactive gases, was granted a reprieve by
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    • 246 8 Reuter JAKARTA Indonesian Interior Minister Rudini has attacked senior government officials who shamelessly use their position to win business deals and help their families. "High-ranking officials who are also active as businessmen should have a sense of shame because of their undue advantage." he was
      Reuter  -  246 words
    • 275 8 Reuter MANILA President Fidel Ramos, denouncing some three million tax dodgers and branding corrupt tax collectors as "scallywags", said yesterday the Philippines was losing up to US$l.4 billion (552.25 billion) a year in uncollected revenue. In a speech to officials of the
      Reuter  -  275 words
    • 572 8 Reuter SYDNEY Two-thirds of its trade is with Asia, it runs bigger trade surpluses than most "Asian Tigers" and its economy is almost as big as all the Asean nations combined. Many people, both in Australia and Asia, would be surprised to hear this
      Reuter  -  572 words
    • 321 8 AFP KUALA LUMPUR The cousin of the sultan of the eastern state of Trengganu is seeking a court declaration recognising him as the rightful ruler of that state between 1942 and 1945 and deserving of a lifetime allowance, court officials said yesterday. Tengku Ali Sulaiman,
      AFP  -  321 words
    • Article, Illustration
      230 8 NYT WELLINGTON Sir Robert Muldoon, who was prime minister of New Zealand from 1975 to 1984 and was for years a powerful figure in the country's politics, died early yesterday in a hospital in Auckland. He was 70 and had lived in Auckland. The immediate cause of his
      NYT  -  230 words
    • 283 8 Reuter KUALA LUMPUR Vietnam should consider turning state-run operations, particularly infrastructure projects, over to the private sector to develop its socialist economy, Malaysian businessmen said yesterday. "Privatisation will certainly help you and is something you should stress to your government," Public Bank Bhd
      Reuter  -  283 words
  • Page 8 Advertisements
    • 783 8 THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT OF 1992 INTERIM RESULTS INTERIM RESULTS The Directors of The Bank of East Asia, Limited announce that the unaudited results for the six months ended 30th June, 1992 were as follows: 6 months ended 6 months ended 3<V6/1991 Increase HK$ HK$ Consolidated profit
      783 words
    • 52 8 The Straits Times The Sundax Tunes Business Times The New Paper. Berila Marian ZaoBao laanj Tl Tli gssS VsS' lines Business I lines Marian Berila Mmutui. Lianlk i Lianlle kl\ I ink IaanHi eeki\ I ink i ianJK kh 11 Ik' inlk k's He ZaoBao LianHe Wan Ban Shin Mm
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  • THE WORLD
    • 332 9 Reuter WASHINGTON The Senate Finance Committee sent a Bill to the full US Senate on Tuesday that would limit renewal of China's favourable trade status next year if the country does not meet conditions on human rights, trade and other issues. The
      Reuter  -  332 words
    • 167 9 Reuter WASHINGTON For-ty-four US senators sent a letter on Tuesday to Chinese Premier Li Peng calling for the immediate release of Bao Tong, a ranking Chinese official sentenced to prison for his role in the 1989 prodemocracy movement. "The sentence handed down against
      Reuter  -  167 words
    • 332 9 Reuter LONDON The crisis in Britain's housing market appears to be deepening, further souring the 1980s Thatcherite dream of mass home ownership and adding pressure on the government to act to stop the economic decline. Official statistics released on Tuesday
      Reuter  -  332 words
    • 355 9 Reuter NEW DELHI Indian Finance Minister Manmohan Singh has turned down an opposition demand for his resignation over a billiondollar stock and securities scandal, saying he was not involved. Mr Manmohan Singh, intervening in a debate on Tuesday to set up a parliamentary
      Reuter  -  355 words
    • 276 9 UPI, AFP WASHINGTON US Trade Representative Carla Hills has announced that Japan has not progressed sufficiently in its promises to open its market to foreign semiconductor producers. A two-month inter-agency review of the year-old trade pact showed that efforts by
      UPI,; AFP  -  276 words
    • WORLD WATCH
      • 73 9 BEIJING China's economic powerhouse, Guangdong province, wants to expand economic links with Japan, Governor Zhu Senlin said. "We will learn from Japanese experiences in economic and scientific development," said Mr Zhu, who was quoted by Xinhua news agency on Tuesday. Nearly 200 Chinese-Japanese joint
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      • 67 9 TOKYO Japan's current account surplus nearly doubled in the first half of this year, the Finance Ministry said yesterday, and economists expect the trend to continue in the second half. The ministry said the surplus widened to an unadjusted U5556.18 billion in the first six
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      • 56 9 WASHINGTON The International Monetary Fund was expected to approve a US$l billion loan for Russia yestssday despite some misgivings about Moscow's commitnterfl to economic reform. Those doubts were fuelled by increasingly vocal opposition in Russia to President Boris Yeltsin's reform plan, but they are
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      • 37 9 BRUSSELS Zaire's National Conference decided on Tuesday to give the country back its old name the Republic of The Congo the official press agency AZAP said in a despatch monitored here.
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      166 words

  • 487 10 EDITORIAL 1. F SOME of the reports emanating from broking firms in Hongkong are to be believed, the Singapore economy is on its last legs. The reports say there are fundamental flaws in the economy in particular that too much of income is being siphoned off
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  • WHAT THE OTHERS SAY
    • 270 10 WAS the response to this week's general strike in South Africa a case of mass action or of mass intimidation? Possibly both. The African National Congress (ANC), which called the strike to speed up the end of white minority rule, does. have the support of
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    • 100 10 THE survey on sex and censorship reveal startling results. Contrary to general perception that Singaporeans are becoming liberal, the survey points out otherwise. Basically, the majority of Singaporeans, especially Malays, are saying "no" to liberal values. Certainly the results of the survey would influence the general guidelines
      100 words
    • 125 10 RUSSIAN President Borin Yeltsin's main reason for visiting Japan will be to obtain economic assistance. As part of the deal, Russia will probably have to cede the Kurile islands to Japan. But the Russian government is strongly opposed to the idea. Some Russian politicians propose that
      125 words
  • REGIONAL VIEWPOINTS
    • 123 10 TWO years after its invasion of Kuwait, Iraq is once again laying claim to the emirate as if the Gulf War never happened. Iraqis, the official media say, will continue to demand Kuwait's recapture, flagrantly disregarding Baghdad's agreement after the ceasefire to give up its claim to
      123 words
    • 189 10 THE dramatic removal on Saturday of Supreme Commander and Air Force chief ACM Kaset Rojananil, Army chief Gen Issarapong Noonpakdee and his nephew. First Army Region commander Lt-Gen Chainarong Noonpakdee from the top military posts by Prime Minister Anand Panyarachun is, indeed, a welcome development. The changes
      189 words
    • 179 10 ON THE face of it. President Suharto's reminder to members of the Armed Forces to always remain on the alert for crisis situations may seem a bit superfluous. After all, isn't it the duty of soldiers anywhere in the world to be prepared for exigencies? The
      179 words
  • 1009 10  -  Not content with merely investing in southern China, Hongkong entrepreneurs are looking to tap even cheaper land deep inside China. Laurence Auckerman reports Laurence Zuckerman IHT IT HAS been less than a year since international investors began recognising that Hongkong's growing economic link with southern
    IHT  -  1,009 words
  • Page 10 Advertisements
    • 305 10 BTH ASIA-PACIFIC PETROLEUM CONFERENCE ■ShHUkL 14-16 September 1992 EhHrnaa Raffles City Convention centre. Singapore Asia's premier oil industry forum, returns for the eight consecutive year this September. It is the time of the year to take stock of major political, economic and trade developments shaping the global oil scene. A
      305 words
  • Page 10 Miscellaneous
    • 62 10 DOONESBURY BY GARRY TRUDEAU NATIONAL M£*tT 1 POUT NOtUAY 1 £966* SOME 6ENEDC EDGE ynj I KtSLU rr< UE MEAN 50 ™*''SS!g TRJEPTHAT UKS MN7 YOU ARE ™N0 &J&6l ONCt.YOUVG HJHAT IS A RACIAL CHAR- riiLEV- SCME SOfTTCF HARM UZ I f n K"" 7 MS* GOT SOME EDGE. JENNIFER*
      62 words

  • ANALYSIS
    • 1287 11  -  The developers of Bugis Junction expect their project to be an unmitigated success. Lee Han Shih looks at whether its location will be a disadvantage Lee Han Shih Bugis junction, Singapore's latest bil-lion-dollar property project, has almost all the ingredients for success: it will
      1,287 words
    • 829 11  -  Frederick Bonnart examines the viability of forming a mobile United Nations force to intervene in the world's trouble spots Frederick Bonnart The writer is editor of Nato'f Sixteen Nations, an independent military journal published in Brussels IHT THE WORSENING situation in Yugoslavia, internal war,
      IHT  -  829 words
    • 703 11  -  Sri Lanka is preparing for a tourism boom this year despite its civil war, writes Anosh Ahamath Anosh Ahamath AFP Undaunted by Sri Lanka's dragging civil war, hordes of foreign pleasure seekers have been descending on the Indian Ocean island nation of Sri Lanka
      AFP  -  703 words
  • Page 11 Advertisements
    • 175 11 BUSINESS TIMES Toll free Tel No 737 0Q43 «Fax No; 734 3698 Several very attractive options on the cards \A\ ilt r A modern, very conveniently located building, offering a range of profitable alternatives for usage and development 39 YORK STREET, SYDNEY, AUSTRALIA FOR SALE BY INFORMAL TENDER A well
      175 words

  • ADVERTISING AND MARKETING
    • 862 12  -  Sylvia Wong talks to the chairman and CEO of Shandwick pic, which has billed itself as the biggest public relations group on earth Sylvia Wong WHEN you think about it, life is getting to be pretty much the same all over the
      862 words
    • 578 12  -  Julie Chatterjee finds that in doing their part in recycling used products, some firms are also helping kidney patients Julie Chatterjee EVERY DAY, thousands of courier documents are delivered to offices around Singapore. The documents are retained but the plastic bags that protected
      578 words
    • 643 12  -  The luxury luggage maker has come a long way since its opening in Paris in the 1850s, says Hansh Mehta Harish Mehta LOUIS Vuitton an apprentice packingcase maker to French Empress Eugenie and Emperor Napoleon 111 in the 1850s would be most surprised
      643 words
  • Page 12 Advertisements
    • 133 12 Dubai London 6 times week 1\; Ik r't > 't "%< «f. ;4#,11 i< -M .»\llllfpi :/t44, Fly with Emirates to Dubai and and four channels of video entertainment. London six times a week. All this, when combined with our Emirates is the world's fastest growing award winning food, fine
      133 words

  • OLYMPICS '92
    • 689 13 AP BARCELONA China, dominant as usual in diving and table tennis, has added a few surprises and is challenging Germany for third place in the Olympic medal standings. As of Tuesday, with five .days of competition left in the Games, the emerging sports power
      AP  -  689 words
    • 467 13 AFP BARCELONA Sophisticated talent-spotting and rigorous training have been the springboard to China's diving success, but the athletes themselves can pay a high price for their triumphs. "In the beginning, I look at her physique, how she is built, her quality, her speed," Xu Yiming,
      AFP  -  467 words
    • 446 13 AFP BARCELONA Cuba, untroubled until Tuesday by the scoring controversies that have plagued most countries in the Olympic boxing tournament, were twice on the wrong end of disputed decisions on the second day of the quarter-finals. Featherweight Eddy Suarez and light heavyweight Angel
      AFP  -  446 words
    • 374 13 AP BARCELONA The reign- ing world and Olympic champions met on the wrestling mat on Tuesday, and one walked ofT a step closer to having both titles. Japan's Mitsuru Sato did his best, in spite of a cracked rib, to defend his Olympic gold
      AP  -  374 words
    • OLYMPIC FEATS
      • 60 13 MADINA Biktagirova, who won US$lOO,OOO for winning the Los Angeles Marathon in March, was exposed as a drugs cheat in Barcelona on Wednesday. The 27-year-old from Belarus who was fourth in the women's Olympic marathon last Sunday running for the CIS team, used
        60 words
      • 67 13 NEWS of positive drug tests was not restricted to Barcelona on Wednesday. The manager of double world sprint champion Katrin Krabbe confirmed that she and German team mate Grit Breuer had tested positive for drugs. Dutchman Jos Hermans said out-of-competition tests they had in July
        67 words
      • 78 13 THE Nike-Reebok Olympic warm-up suit war is over. Michael Jordan and the five other Dream Teamers who are Nike loyalists will wear warm-up suits made by Reebok on the medal podium after all. A peace settlement was worked out by Dave Gavitt, the president of
        78 words
      • 82 13 CHINA momentarily equalled sports superpower Germany's gold medal tally on Wednesday morning when world champion Deng Yaping beat compatriot Qiao Hong in the women's singles of the table tennis. That brought China's gold medal haul up to 16, on par with Germany's. Germany with
        82 words
      • 168 13 ATHLETICS: Men 12.40 am (Friday): 200 m final 12.50 am: Long jump final lam: 400 m hurdles final 1.45 am: 1500 m s-final 2.30 am: 5,000 m s-final 3.20 am: Decathlon, 1500 m final event Women 12am (Friday): 100 m hurdles s-final 12.25 am: 200 m
        168 words
  • Page 13 Advertisements
    • 77 13 FIVE EASY PIECES. Investing in foreign currencies CURRENCY 3 MONTH can yield up to 5 RATE times the interest Spanish Pesetas 11.2750% return on your K money compared Pound Sterling 8.6650% with Singapore Dollars. Higher ECU 9.3750% rates for higher deposit amounts Deutschemark 8.2250% are available Swiss Francs 6 .g
      77 words

  • Page 14 Advertisements
    • 742 14 Ps™ Nothing BeatsAßud. fftfflnfll where to wine, dine OF A FIRST FOR EXODUS EXODUS rated Malaysia's top entertainers after winning JjkJjl the group category inthe 1991 fifc y Top of the Pubs competition is bringing their exciting brand of music to Singapore. The talented Paul brothers will SflL enthrall you
      742 words
    • 353 14 AR£A REA fC To experience the Beauty and mystique of Tahiti, I \V come t0 Tfte 'Belvedere. #itre, a delectable spread of Takitian specialities as well as the sensuous ftKjf ri Tamure dancers, beckon you. Come to the Tahiti Promotion and see the VVrji magic of island-living unfold before you.
      353 words
  • Page 14 Miscellaneous
    • 701 14 TELEVISION AND RADIO 1 j StICM lighten (Cartoon) 12.00 MN Olympic Games Live ~Di|<aMFsft ftH Rinift rrPQiimprl "■£*?».<<. 6M BuaNES s° -w I. AACvI- lllllUv'vlll 555 «M O p e"'"B li 1 8.00 Nmn it Eight (C). BBC, 38.9 mHz in VHf Band II _I„ K M -rZT. B.JO VartHy
      701 words

  • LIFESTYLE
    • 1034 15  -  Jane Brody explains that many factors count in defining what moderate drinking is Jane Brody NYT A RECENT report warning heavy drinkers against taking supplements of beta-carotene prompted several queries from perplexed readers. One man asked whether having two or three drinks over a weekend constituted
      NYT; $ and Nonsense  -  1,034 words
    • 496 15 Controversy still surrounds the Romantic poet two centuries after his birth Reuter THE rebellious spirit of Romantic poet Percy Bysshe Shelley is still infuriating critics and charming admirers, 200 years after his birth. An opium-smoker, he pioneered partner-swapping and vegetarianism. He was an archetypal
      Reuter  -  496 words
    • 490 15 CHATTERBOX ACTOR Clint Eastwood, the former mayor of Carmel, California, says Ross Perot's decision not to run for US president is a disappointment, but "only because I thought it would at least create a lot of interest". In an interview taped for showing on Tuesday
      490 words
  • Page 15 Advertisements
    • 260 15 AND ENTERTAIN <^H^) •j| mmMKJm WBm I'J* I The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. AH drinks at half price A during these hours ANA HOTEL r r SINGAPORE Moa to Thar Opm to IU
      260 words
    • 143 15 When you see this sign you can expect the heat because only restaurants which meet the highest standards of heef cuisine receive it. YOU WILL SEE THE SIGN AT THE FOLLOWING RESTAI'RANTS: JACK'S PLACE STEAK HOUSES (7)3-1211) THE COMPASS ROSE fr THE TEA ROOM (WESTIN HOTELS 330-0*05) HI'BERTI'S GRILL CAFE
      143 words
    • 387 15 Singmarine Croup Singmarine Industries limited (Incofporated in the Republc of Singapore) The Directors of Singmarine Industries Limited advise the following unaudited results of the Company and the Group for the six months ended 30 June 1992 COMPANY GROUP 1992 1991 1992 1991 Ss'ooo Ss'ooo SS'OOO Ss'ooo Turnover 89,399 89,327 Operating
      387 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3707 16  -  By Genevieve Cua INVESTORS rushed to sell Fels and Keppel Corporation stocks yesterday. Fels' dismal interim results it incurred an operating loss of $1.3 million cast a pall over the entire market, and index-linked stocks such as SIA and F&N also lost
      3,707 words
    • Article, Illustration
      79 16  -  By Anthony Pang AS PREDICTED in June, Keppel Corporation fell to the $6.50 level after breaking support at $7.40. The stock ended at $6.40 yesterday and looks headed for $6.00, its lowest level in one-and-a-half years. As short and medium-term indicators show oversold conditions, more buying at that
      SOURCE: BRIDGE INFO  -  79 words
  • Page 16 Advertisements
    • 55 16 P-M—---* i CALL MILANO'S HOT DELIVERY HOTLINE NOW! 1 I 468-2222 i 1 for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! Office/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). I FREE delivery for a minimum order of 10.00 $3.00 surcharge for delivery after 11.00 pm.
      55 words


  • 3335 18 Innovot Bhd 56% +9% +20.2% Sime Darby 50* 256 +7 +2.8* Magnum Corp 50* 466 6 +1.3% M Mosaics 87 +5% +6.7% Leader U 590 +5 +0.9% M Banking 565 +5 +0.9% Palmco Hldgs 155 +5 +3.3% MAA 81 +4% +5.9% Eaao 50* 428 4
    3,335 words
  • Page 18 Advertisements
    • 33 18 These two women are among seven Malaysians caught in a London brothel. How did they get there? Find out in The New Paper today. I. i 49 J\ new* ]Xlper NEW, NEWS, NEWSY
      33 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5307 19 Bernama, Reuter THE STOCK MARKET in Kuala Lumpur ended the day on a slightly easier note yesterday with interest focused mainly on selected secondliner stocks. The KLSE Composite Index ended 0.96 of a point lower at 602.58 and the All Shares Emas Index
      Bernama,; Reuter  -  5,307 words

  • BT SHARE INFORMATION SERVICE
    • 191 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) CK Tang Jul 23 Mar 92 $3802(56.552) 92(168) 6(6) Causeway Jul 22 Dec 91 5358U51.808) (58) J Cement Jul 22 Mar 92 *****4(53.126) 285(89) 125(75) Asia Pac Ld Jul 20 Jan
      191 words
    • 217 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Beriaya Grp Jul 31 Apr 92 MS95.929(S131.180) 2.3(7) 12(5) Beriaya Ind Jul 31 Apr 92 M$100,834($121.792) 4 3(81) 92(6) Beriaya Leisure Jul 31 Apr 92 M$80.809<$57.097) 9 7(9 4) 15(9 5)
      217 words
    • 255 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) FELS AUg 5 iun 92 $10.U4($15.347) -<-) Steamers Aug 4 Jun 92 J5,148($5,323) MUI Jul 31 Jun 92 M$37,991 ($42,944) 3(3) D*C Jul 31 Jun 92 M$64.048($52.254) -<-) Sup Metal Jul 31 Jun 92 $1.940($1.821) Jurong
      255 words
    • 576 20 CwTMt Ex Books Dato Total lor Total far paymaot data doso payaMo tko yoar last yaar Mn IMp 50c 6%(b) At« 26 Sep 7 Sep 24 6% 6% ted 25c 10% Aug 21 Aug 27 Sep 10 10% 10% Am Pk Ld 50c 2%(b) Jul 23 Aug 6
      576 words
    • 336 20 Company Rights Issue MM Three-tor four at MSI 00 per stare Ex-date tun 9 Books close tun 24 Acceptance Payment Aug 7 S France One-tor two $110 per share Ex-date Jun 22 Books dose Jut 2 Acceptance Payment Aug 11 Swga Hay One-tor-tour MS? 50 per share Issue
      336 words
    • 639 20 Aug 4 Tat Lee Bank will be opening a representative office in Beijing and a restricted-licence banking branch in Hongkong. Malaysian-based conglomerate, Sine Darby Bhd, has established a joint venture with the AXA Group, a giant European insurer, in an effort to strengthen its regional insurance operations. Hai
      639 words
    • 171 20 Wut Sembawartg Estates Ltd: 26th AGM EGM at the Summit Room, Valley Wing, Lobby Level, Valley Wing, Shangri-La Hotel Ltd, 22 Orange Grove Road Singapore 1025, on Friday, August 7, at noon Overseas IMon Trust Ltd: EGM at the Board Room, 45th Storey OUB Centre 1 Raffles Place,
      171 words
    • 357 20 In local out In S$ In USS dy >t S d> yr dy S yT Auk Index chge chge chge chge chge chgc World 376.2 -O.I -7.9 -0.2 -8.1 -0.2 -7.6 fEAFE 429.7 -0.2 -14 4 -0.2 -14.1 -0.2-13.6 Europe 403.8 0.1 -1.8 0.1 06
      357 words
  • 610 20 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 as
    CHARTS BY BRIDGE  -  610 words

  • STOCK EXCHANGE OF THAILAND
    • 1769 21 Reuter RISES by bank, construction materials and finance shares led the Bangkok stock market index to a higher close yesterday, offsetting losses by the two market leaders, brokers said. "Investors were cheered after seeing the index break through resistance at
      Reuter; Source: Bridge Info  -  1,769 words
  • JAKARTA STOCK EXCHANGE
    • 929 21 JAKARTA share prices closed lower yesterday in another dull trading day, brokers said. The Composite Index fell 0.98 points to 314.59. "Many people want to sell and the others just don't seem to be willing to take positions," one broker said, adding that
      Source: Bridge Info  -  929 words
  • CHINA STOCK EXCHANGES
    • 349 21 CLSA THE LISTING of China Textile Machinery's "A" shares yesterday failed to stimulate trading in Shanghai. The share slid from its opening price of RMBI7O to close at RMBI4B. Although it gained 289 per cent over its issue price of RMB3B, it
      CLSA  -  349 words
  • Page 21 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2567 22 Reuter TOKYO stocks ended firmer yesterday but the Nikkei Average failed to hold the 16,000 level it regained during the day. Futures-linked programs, buying of oversold blue chips lifted prices and a slight rise in volume helped sentiment. But the market still lacked energy
      Reuter  -  2,567 words
  • STOCK EXCHANGE OF HONGKONG
    • 2506 22 Reuter HONGKONG stocks finished marginally lower in dull, thin trading yesterday. The blue-chip Hang Seng Index closed down 18.54 points at 5,841.24 after hovering in a narrow band of 47 points all day. Turnover fell to HKSI.69 billion from Tuesday's HKS2.OS billion. "Investors
      Reuter  -  2,506 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2107 23 Reuter AUSTRALIAN shares closed lower yesterday on thin volume and scant interest from local buyers. "The upcoming Budget and tomorrow's employment figures are giving people excuses to postpone decisions," one broker said. "The market has been in drift mode all week."
      Reuter  -  2,107 words
  • REGIONAL STOCK MARKETS
    • Seoul index below 500 on Daewoo rumours
      • 826 23 SEOUL stocks fell through the psychologically important 500 level in weak trade yesterday as rumours continued to circulate that Daewoo Group's chairman would establish a new political party, brokers said. Most of Daewoo's 17 listed shares ended limit-down. "Investors are taking the rumours seriously as they realise Daewoo couldn't
        826 words
      • 576 23 SHARE PRICES closed lower yesterday, led by Philippine Long Distance Telephone Co (PLDT), which reported lower-than-expected earnings, but secondary issues buoyed trade, dealers said. PLDT fell 20 pesos to 1,060 after it reported a 5.8 per cent increase in profits in the first half of the year, brokers said.
        576 words
      • 463 23 TAIWAN STOCKS finished higher on news that the central bank injected funds into the money market yesterday and inflation fell sharply in July, brokers said. But buying was cautious and trade remained thin. The Weighted Index closed 46.73 points higher at 4,134.91. Turnover rose to NT520.73 billion from NT$l6.5
        463 words
      • 327 23 FALLS IN A handful of leading stocks led the NZSE-40 Capital Index down while the broader market was steady to firmer at the close. The index fell 11.48 points to 1,549.85 on light volume, worth about NZ$24 million. There were 35 rises and 29 falls among the 93
        327 words
      • 73 23 BOMBAY SHARE prices drifted lower in poor trading on Tuesday, marked by negligible investor participation, brokers said. "There is a total absence of investor demand which is worrying," a brokfer said. "No one is interested in the market." Attendance was thin partly due to heavy rain that lashed the
        73 words
      • 48 23 do* PrerioM Aa( S NEW ZEALAND NZSE-40 Capital 1.***** 1,561.33 -l/.4| MANILA Composite Index 1,485.85 1,491.98 -6.11 Turnover (mil pesos) 264 275.9 -U.t TAIPEI Weighted Price Index 4,134.91 4,088.18 +46. Turnover (NTS billion) 20.73 16.5 +4.2f SEOUL Composite Stock Index 493.33 501.48 -8.15 Turnover (billion won) unav 127.71
        48 words

  • WORLD STOCK MARKETS
    • Profit-taking snaps five-day US rally
      • Article, Illustration
        1290 24 NEW YORK stocks closed mixed in quiet trading on Tuesday, snapping a five-day rally as the market succumbed to profit-taking that had been widely anticipated since last week's big gains. The Dow Jones Industrial Average lost 11.08 points to 3,384.32. The broad gauges ended their four- day record-setting
        1,290 words
      • Article, Illustration
        890 24 SHARES ON THE London Stock Exchange fell on Tuesday in a generally lacklustre day of trading, losing ground after Wall Street opened down, dealers said. The market had opened higher after a poll showed the French in favour of ratification of the Maastricht Treaty on European union but quickly
        890 words
      • 304 24 A TECHNICAL recovery lifted German shares one per cent on Tuesday as the market rebounded after a run of losses. The 30-Share DAX Index, which had dropped 33.44 points in the last three sessions, climbed 16.80 to 1,611.51. "It was a long overdue technical reaction," said one broker. "The
        304 words
      • 329 24 DUTCH SHARES lost the best of their gains by the close on Tuesday, but still managed to make reasonable gains considering the thinness of trade and Wall Street's early retreat, dealers said. The EOE Index closed 1.45 higher at 292.02, with Akzo the main feature after better than expected
        329 words
      • 209 24 THE PARIS bourse exhausted its bounce on Monday's opinion poll on Maastricht and closed a touch higher on Tuesday, in thrall to the next poll due out yesterday. The CAC-40 Index ended 3.19 points higher at 1,787.63 on volume of 1.06 billion francs. Even professional traders were sidelined during
        209 words
      • 199 24 ITALIAN SHARES on Tuesday surged for the second consecutive day following Monday's surprise half-point cut in the discount rate. The MIB Share Index finished 2.08 per cent higher at 835. A late round of profit-taking brought some blue chips off their highs. Technical snags again plagued the screen system
        199 words
      • 275 24 SWISS SHARE prices ended slightly firmer on Tuesday on mostly light turnover. Dealers said the recovery of the Frankfurt bourse and lower money market rates sparked moderate buying interest. The All-Share SPI Index was up 5.6 points to the day's high of 1,136.6. The SMI Index of leading shares
        275 words
      • 153 24 SWEDISH SHARES rose on falling domestic credit market rates and a strong German bourse on Tuesday, but dealers said continued thin trade dampened optimism. The bourse General Index rose 0.48 per cent to 851.88, while the Top-16 Index was up 0.78 per cent. Turnover was 274 million kroner. Volvo
        153 words
      • 392 24 HEAVYWEIGHT gold shares bounced off opening lows in line with the bullion price movements, while the rest of the market continued to drift easier in quiet trade on Tuesday. The Gold Index dropped 17 points to 1,024 and the Overall Index was off 19 at 3,390. The Industrial Index
        392 words
      • 288 24 TORONTO STOCKS returned to action on Tuesday from a public holiday to succumb to selling pressure, especially among gold shares, dealers said. "It's been very quiet. A lot of drifting up or down is because of lack of bids or lack of buyers," one trader said. Traders said the
        288 words
      • 194 24 Aug 4 Close Prwiovs NEW YORK Dow Jones 3.384.32 3.395.40 -1108 SAP 500 424.36 425.09 -0.73 Turnover (million) 166.76 164.46 2.3 LONDON Financial Times 30 1.804.0 1.814.8 -10.8 FTSE 100 2,407.5 2.420.2 -12.7 Turnover (million) 463.5 329.1 +134.4 FRANKFURT DAX Index 1.611.51 1.594.71+16 80 AMSTERDAM EOE Index 292.02 290.57 +1.45
        194 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1197 25 REPORTS ASIA TOKYO: The US dollar ended unchanged yesterday in quiet Tokyo trade, where interbank dealings triggered modest fluctuations throughout the day, dealers said. The dollar met solid resistance at 1.48 marks and 127.35 yen, and some dealers said it might now
      1,197 words
    • 375 25 Cross rates Aug: USS SS MS Dm Yen SFr AS NZS USS 1.6110 2.5010 1.4770 127.30 0.5214 1.3235 1.3477 1.8365 SS 0.6207 1.5525 0.9168 79.0192 0.3236 0.8215 0.8366 1.1400 MS 0.3998 0.64 0.5906 50.8996 0.2085 0.5292 0.5389 0.7343 Dm 0.6770 1.0907 1.6933 86.19 0.3530 0.8961 0.9125 1.2434
      375 words
    • 535 25 Interbank rates s$ Bid Offer Overnight 2 1/2 2 5/8 1-month 2 9/16 2 11/16 2-month 2 9/16 2 11/16 3-month 2 9/16 2 11/16 Overnight mode: 2-1/8 LSS Bid Offer 7 days 3 V16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 3/8 3
      535 words
    • 319 25 Knight-Ridder SHANGHAI The president of one of China's largest investment houses has said that Bank of China officials support the issue of foreign currency mutual funds and bonds on the Chinese market. Bao Youde, president of Shanghai Investment and
      Knight-Ridder  -  319 words
    • 1537 25 SjjjEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.55 96 55 96.54 96.54 1450 1450 ***** Dec 92 96.20 96.21 96.19 96.20 6400 4814 ***** Mar 93 96.13 96.14 96.12 96.13 5900 2411 ***** Jun 93 95.77 95.79 95.77 95.77 1700 2048 3749 Sep
      1,537 words
  • Page 25 Advertisements

  • COMMODITIES
    • 380 26 Knight-Ridder TOKYO Many zinc producers are taking a calculated risk that prices will trend higher through this year and are consciously refraining from hedge selling, say industry and trade sources. "It is frustrating from a broker's point of view," said Jeremy Goldwyn, director
      Knight-Ridder  -  380 words
    • 268 26 Reuter JAKARTA Indonesia, fast moving into the big league of the world's cocoa producers, expects output to rise further this year despite drought in some areas. "Drought this year is not as bad as last year's. We can still
      Reuter  -  268 words
    • 772 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market eased 42 sen to close at M$ 16.53 a kg on lack of buying demand yesterday. Dealers said foreign participation was absent from the market as the summer holiday
      772 words
  • 1529 26 Rubber HAS Commodity Exchange (futures dosing as at 1pm) KSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 92 142.25 142.25 142.25 325 3J50 Oct 141.25 141.00 141.25 625 3,725 Nov 141.25 141.00 141.25 450 3.900 Dec 141.25 141.00 141.25 325 3.850 Jan/Mar
    1,529 words
  • Page 26 Advertisements
    • 368 26 BUSINESS TIMES II free Tel No 737 0043 -Fax No: 734 3698 EU YAN SANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF THE TRANSFERABLE SUBSCRIPTION RIGHTS OF EU YAN SANG HOLDINGS LIMITED ("the Company") EXPIRING ON DECEMBER 1,1994 fTSRa") Following
      368 words

  • 1239 27 City Flight ETA Flight ETD Abu Dhabi GA893 1315 Adelaide Qf5 1955 SQ228 2050 »wmii RJ183 0005 Amsterdam SQ319 0715 KL838 2240 KL837 1255 Athens SQ347 1755 Auckland BA11 1505 SQ288 2015 Bahrain Gf 148 0855 MHlMPMl GA525/910 1755 B Sari jagawag SQ18I 1410 SQ182 0915
    1,239 words
  • THE TRAVEL PAGE
    • 627 27  -  LETTER FROM COPENHAGEN By Lars Foyen THE prostitutes and their clients have long departed but the spirit of one of Denmark's former 19th century brothels lingers on. Tucked away in the elegantly renovated building in central Copenhagen is the city's new Erotic Museum. "We do not
      627 words
    • 151 27 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1895 I.20S6 Canadian dollar 1.3445 1.3717 NZ dollar 0.8673 0.8850 Sterling pound 3.0753 3.1172 US dollar 1.6080 1.6150 Local dollars to 100 units of foreign currency Austrian schilling 15.36
      151 words
    • 125 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Sep 12-29 International Turin. Italy Torino *****569 Exhibition Caravan Caravan Esposiziomo Services Equipment Sep 6-10 International Watch. Jewellery Earls Court. London Reed Exhibition Companies Ltd 081-*****71 Exhibition and Silver Sep
      125 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to tor 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. We Know Europe from Mart to Finnish.
      45 words
    • 24 27 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
      24 words
    • 1023 27 _B_U_S_J_N ESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, (Chapter 50) ANO IN THE MATTER OF LEE A TCO ENTERPRISES FTC LTD (Incorporated in the Republic of Singapore) (In Liquidation) Member* Voluntarily Winding-up NOTICE IS HEREBY GIVEN that the
      1,023 words
    • 168 27 KRKLEES PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act Cap. SO the Final Meeting of Members of the Company will be held on Monday, 7th September, 1992 at 11.00 am
      168 words
  • Page 27 Miscellaneous
    • 243 27 1 Chap finding a rich variety at garden-centre 5 Academic whose mate ar- j" rives early on board? (7) 10 Keener to have burial-vase 11 Baseballer in underpants blouse H H| 12 Top forty expressed by H 13 Legendary plant eaten by 15 Showery at wreck but fit to J
      243 words
    • 156 27 Singapore Outlook: Pair. Report; Maximum temperature 32.1 Assoc humidity 62% Minimum temperature 25.7 Assoc humidity 94% Hours of sunshine 10.85 Rainfall in mm Nil Rainfall this month 31.1 Rainy days this month I World report Asia-Pacific Hi/Lo* Cond. Auckland 14/11 Rain Bangkok 31/24 Rain Beijing 30/21 Cloudy Hongkong 32/28 Clear
      156 words
    • 55 27 so RTUEjve. seAuecl 1 H °i-V wocem. Mfi, varvc vou «r\ Go on uv<e,TW\s I s m i countrv i &RWOI WP\VC ser Up RoPD JOCKS HiU. *ND 6LAdlCßelev*j V* ll C>(?iND ID F\ MRLT. y S BHD &SP\ PfWeST /ICLOSC. yv. FKGPMMST NEW UXJRtpNG V\ I J "3 .•*!>.
      55 words

  • 500 28 Move will open up companies to smaller investors Reuter SHANGHAI China's cap-ital-hungry state-owned companies are eagerly eyeing listings on the Hongkong stock market only months after the country's own nascent bourses were opened to foreign investors, officials and analysts said yesterday. Brokers and stock
    Reuter  -  500 words
  • 310 28 AFP BEIJING Chinese Communist Party leaders who fail to forge ahead with reform will be forced to step down, a top official said weeks before a decisive party congress. Lu Feng, head of the party's organisation department, told a national meeting of
    AFP  -  310 words
  • 210 28 AFP BEIJING China allowed 66 enterprises to go bankrupt in the first half of this year in a drive to cut industrial losses and increase efficiency, the Xinhua news agency reported yesterday. Fifteen of the 66 firms were state-owned and "appropriate measures were
    AFP  -  210 words
  • 454 28 Reuter WASHINGTON The US is likely to be saddled with slow economic growth for the rest of this year as it works its way through the financial bottlenecks facing it, says Federal Reserve governor Lawrence Lindsey. "The most likely outcome for
    Reuter  -  454 words
  • 754 28  -  The Bottom Line AGNES CHEN AGNES CHEN The writer is Executive Editor 0/Singapore Business magazine Government's investment in British hotel group Mount Charlotte comes under scrutiny in Parliament That would have been a hot news item in last Saturday's BT if Worker's Party
    754 words
  • 357 28 AFP MOSCOW Yegor Gaidar, the architect of Russia's market reforms, is on the way out amid a comeback by powerful managers of state enterprises who held sway in the Soviet era, press commentators said yesterday. "The Gaidar era is over",
    AFP  -  357 words
  • 300 28 AFP TOKYO Raising the spectre of similar moves by Japanese banks as they curb their assets abroad, a spokesman for Nippon Trust Bank Ltd said yesterday the bank would close its London and New York offices next month. The bank, an affiliate
    AFP  -  300 words
  • 169 28 Reuter JAKARTA International courier company DHL said yesterday it would withdraw an advertisement featuring pictures of Asian leaders after complaints in Indonesia that it was insulting. The advertisement, published recently in international newspapers, pictured President Suharto of Indonesia and other Asian heads of
    Reuter  -  169 words
  • 259 28 AP PRETORIA Thousands of African National Congress (ANC) supporters, led by Nelson Mandela, gathered yesterday in the South African capital for a new round of protests against President F W de Klerk's government. Meanwhile, millions of black workers returned to their jobs
    AP  -  259 words
  • Page 28 Advertisements

  • Shipping Times
    • 468 29  -  PUL International will add two ships to its fleet From Rahita Elias in JAKARTA NEPTUNE Orient Lines' associate PT PUL International has mapped out a land and sea expansion strategy geared towards meeting the growing Indonesian trade. Walter Ong, PUL executive director, said
      468 words
    • 524 29 Reuter BOSTON A new navigation system being tested for major shippers aims to reduce the incidence of oil spills and shipwrecks using satellite tracking and eventually shore-based beacons. The high-tech system allows a ship's navigator to layer crucial data needed to
      Reuter  -  524 words
    • 870 29 Page Col ABC Containerize 12 I Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 •ASCL 5 9 Alpha Feeders 6 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo
      870 words
    • 304 29  -  By Juliette Walker SINGAPORE Shipbuilder Kvaerner Fjellstrand (S) Pte Ltd has won a 120 million Norwegian kroner (5532.4 million) contract to build three high-speed catamarans. The shipyard, a member of the Norwegian Norway's Kvaerner Group, sold the three vessels to a subsidiary of
      304 words
    • 254 29 Reuter TOKYO Japan's Coast Guard seized six Greenpeace campaigners for questioning yesterday after they hung a huge "Stop Plutonium" banner at a shipyard to protest against Japan's plans to transport plutonium. A Coast Guard spokesman said it was not yet known whether
      Reuter  -  254 words
    • 196 29 Knight-Ridder RIO DE JANEIRO Brazilian stevedores will strike at a major Brazil seaport today, in the first of a promised series of "surprise" strikes aimed at shippers, said a union official yesterday. "I can't tell you which will be the first port to go
      Knight-Ridder  -  196 words
    • LOG BOOK
      • 80 30 SINGAPORE International freight forwarder Trans-Link Group will gather 40 of its top executives in Singapore for its third regional meeting today. The executives from Trans-Link offices in the region and the US and from Allied-Link in Malaysia will discuss the company's strategic response
        80 words
      • 92 30 TAIPEI Taiwan and Vietnam have again agreed to restore air links in September, the Chinese-language Daily News reported yesterday. After a break of 16 years since the end of the Vietnam war, the two countries resumed direct flights in August 1991, but only to have
        92 words
      • 113 30 ATHENS The Greek government on Tuesday ordered 8,500 striking public transport employees in Athens back to work. The move came in the second week of an open-ended strike called on July 23 by the sector's unions to protest against government plans to sack 1,125
        113 words
      • 72 30 WASHINGTON Sondenfjeldske-Norske, a Norwegian shipping company, said it reduced its stake in Western Co of North America to 4.94 per cent or 877,900 common shares. The Norwegian company disclosed the reduction in a Securities and Exchange Commission filing, but provided no details of latest transactions. On
        72 words
      • 71 30 SINGAPORE Flag carrier Garuda Indonesia has introduced a city check-in service for international and domestic travel from Jakarta. The Garuda counter at Borobudur Intercontinental Hotel Jakarta can handle passenger and luggage check-in, boarding passes, airport tax payment and transportation to the airport for business and
        71 words
      • 80 30 LONDON A fire in the engine room of the Antigua and Barbados-registered container vessel Norasia Attica was extinguished as the ship lay anchored at Piraeus roads, Lloyds Shipping Intelligence said on Tuesday. The fire is understood to have activated the 7,959-dwt vessel's carbon dioxide
        80 words
    • 1318 30 Second quarter orders for newbuildings drop sharply with fewer large ships booked. Still some yards managed to stretch their orderbooks Fairplay The number of orders placed at the world's shipyards dropped sharply during the second quarter compared with the first three months of the year. The
      Fairplay  -  1,318 words
    • 772 30 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 and
      772 words
    • 13281 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang alter
      13,281 words
    • 3266 43 American President Lines; Sea-Land; Neptune Orient lines; Maersk Line; Nippon Yusen Kaisha Line; M itsui OSK Lines; Nippon Liner system; "K" Line. §mmki/fm East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; HipponYusat Kaisha Line; Mitsui OSK lines; Nippon Liner System; "K" Line. i rrSMtt CSSSSrSMOe wt
      3,266 words
    • 262 43 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Lxpress Travel Tel: 533-5771. Fax: *****44. Airborne freight Corporation Tel: 542-8844. Fax: *****16 *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies Sc Services
      262 words
    • 1521 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8031 Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Lxpress Tel: 542-5454. Fax: *****06 Air Lxpress International Tel: 542-7666. Fax: *****74. *****50. Air
      1,521 words
    • 3494 44 ALBANIA Durres: Six vessels in port discharging of which I general cargo. I glass. 2 oil. 2 other vessels; 1 vessel in roads to discharge bulk wheat. The maximum draft in port is 28ft 6 ins. but due to lack of dredging now is about 27 ft 6
      3,494 words
    • 578 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Young Senator 65.850 dwt and built January 1989 Namura; Nagoya Aug 4-6 discharging iron ore where three Far Eastern and one European buyer inspecting. Vessel on offer in the region of USs22m net. Continental Reliance: 65.224 dwt and built June 1983
      578 words
    • 558 44 ARRIVALS Op Flight Type ETA T From TODAY KAL KE697 B747F 0150 1 SEL SI A SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685' A30F 2345 1 SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO NWA
      558 words
    • 457 44 CRUISE FERRY SCHEDULES CRUISE SHIPS An Pep Name of Vessel LTA K I D Ports of Calb Port Agent Tcfephooe No AUGUST 07 07 Royal Pacific 1300 1930 Cruise to Nowhere Ocean Trade Chartering 299-0366 08 08 Fantasy World 0900 1800 Sin-Jakarta Scmbawang Johnson Mgt 227-8284 09 09 Royal Pacific
      457 words
    • SHIPS IN PORT
      • 720 45 Vessel Voy No Berth Arrivai Departure Vessel Voy No Berth Arnvi Departue Marina Terminal 1 Asian Expres 03/92 S03 0608/0800 07 08/2300 Batam Baru B169 M04 alongside 05 08/2300 Dong Nai 2A/92 S02 06 08/0830 08 08/2300 Batam Ma|u *****2 M0 3 alongside 0608/0500 Tama Dream 5C-011
        720 words
      • 241 45 iohore Port Beth: 1: Hung Lee IV Sanuki Maru; 2: Bangkhuntien; 3: Protogoras; 4: Palma; 5: Barge Bh Bulian Pernas Suasa; 6: ml. 01 jetty: Stolt Jade Po Siu. DC J: ml. Due on Aug 4: Toyokatt, Oriental City, New Line No 1. Due on Aug 5:
        241 words
      • 1697 45 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Slip Voy No Contanen avaiable »P Voy No Contanen avaiable Takan N 4-044 04 08 92 0500 Huataihe 42W COO(EST) 05 08 92 2100 Aries 9263A 04 08 92 0955 Ned Van Cloo 2245E COO(EST) 05 08 92 1500 Liangshan 84
        1,697 words
    • 1135 46 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge. England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications. organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970
      1,135 words
    • 485 46 EARLY August fixtures were sparse and freight rates lower than last done but late August could see an upswing in chartering demand, dry cargo brokers said on Tuesday. However, improvements may only be marginal as the overall economic picture remains slack, alTecting the Japanese steel sector, and therefore
      485 words
    • 742 48 Delta Air will discount fares up to 35pc NYT WASHINGTON The bruising domestic air-fare war may be over, but the skirmishes continue over the Atlantic and the Caribbean. On Tuesday, Delta Air Lines announced that it would discount tourist fares for the fall
      NYT  -  742 words
    • 291 48 AFP STOCKHOLM The Scandinavian airline SAS remained paralysed on Tuesday night after labour and management failed to reach an agreement to end a wildcat strike called early in the day, airport authorities and television reports said. The strike began without warning as
      AFP  -  291 words
    • 381 48 NYT NEW YORK A supermarket entrepreneur. John A Catsimatidis, said on Tuesday that he had bid for the remaining assets of Braniff International Airlines to speed the assembly of his new airline, Capitol Air Express Inc. Capitol Air, which Mr Catsimatidis said he hoped
      NYT  -  381 words
    • 569 48 Only late-July sales fall by 3.9 pc NYT DETROIT Sales of domestically built cars and light trucks fell 3.9 per cent in late July, but sales for the entire month stayed close to the gradual rate of recovery that began in
      NYT  -  569 words
    • 680 48 NYT NEW YORK Pilots are usually trained to continue flying, not to abort a takeoff, in conditions like those that led to a fiery accident at Kennedy International Airport last week, and many aviation experts are puzzled by the decision
      NYT  -  680 words
  • Page 29 Advertisements
    • 22 29 Lines and services represented by Members ef the Registry el Accredited f?wJslkV ks sins,o For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090.
      22 words
    • 127 29 Sharp drop in new shipbuilding orders, Pg 2 Delta Air cuts fares to European cities, Israel, Pg 20 3 I :^a I 3 '-*;v "i r;:i v: >. v:i.' ;V l v V''--^ j ".V. Wfl 1! -'"v.:.- 1 1 k. i -V ;J SOME OF OUR TOP TALENTS ARE
      127 words
    • 68 29 the jfc| FAMOUS imm m ■iMlllgl* 224 1833 For more information pleane refer to Pg. 13 Air Forwarders 15 A* Frwght Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freghts 18 Index 1 Port Conditions 16 Shipping Agents 15 Shipping Gude 10,11
      68 words

  • Page 30 Advertisements
    • 82 30 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the people
      82 words

  • Page 31 Advertisements
    • 3083 31 oocl (S) pte ltd jardine shipping agencies *111#* \l||f# V BOOKINGS TEL: *****34 *****58 l l l aM TERMINAL/CFS TEL: *****10 220 HRAftfiflTl PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. ft \SSSr A m PORT KELANG TEL: *****18 FAX *****91 7 *****88 Pim J />■■ |«Aiai Dedicated to Quality Service CFS
      3,083 words
    • 2897 31 ■QGHSBHEa WEEKLY FEEDER ARIES CALLING PASIR GUDANG CLOSING TIME EVERY MONDAY AT 1700 HOURS FOR BOOKINGS ENQUIRIES, PLEASE CALL: LINDA OR SHEELA AT 07-*****8/9 Vessel Voy ETA ETD Feeder by DESTINATIONS Leer on/Arm This week Mane Maersk 9206 I 111' 11| I Mill I CV 28/7 1900 MRS CFS 28/7
      2,897 words

  • Page 32 Advertisements
    • 1461 32 ROAM/ VOY NO S PORE JEDDAH SHAMTON H'BURG ANT LE HARVE KIJIIJ KASUGA 1 22/131 7/8 16/8 30/8 26/8 28/8 31/8 ABERDEEN BAY 01/331 9/8 26/8 28/8 31/8 mr »iW&«ma«c DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 —j/jSTSTu. CUDWIGSHAFEN EXPRESS 03/332 16/8 2/9 4/9 7/9 8/9 CtMO T0 W/w*""® 1
      1,461 words
    • 470 32 I EXPRESS TO PAPUA NEW GUINEA SPORE[ ALAM TALANC VIS 10/00 POM/HON/NORO/RAO KIM/LAE/WWK (LCL B/BULK) T/S: ALOTAU, OROBAY, KAVIENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE VtSStl SPORt PHI LOAOWG FOB TkMMW VIM Ot OS U/M mcT
      470 words
    • 1484 32 WS.lmam x,earß REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE WL/VOY SM ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) 3 10/ M 31/08 01/09 03/09 M 9 05 9 W/ 09 07 9 OS/09 Sl^F^L* 224 3 16/08 08/09 09/09 12 13/09 13/09
      1,484 words

  • Page 33 Advertisements
    • 2274 33 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 CARGO SPOtt B'KOK STRMIS VENTURE VI9E Mum Lab 07 0* At* 09 Au| 10 Auf MM KM VOI6S/017N 09-10 AUG 12-13 AUG Vo7t m lD Ia 07 *"< M Auf 10 Aut
      2,274 words
    • 2273 33 MM II >, SINGAPORE AGENT: 1 PJvf 1 I Af|f*Q| -fl P&0 Containers (Singapore Agencies) Pte Ltd X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 |P" Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 w CR Number: **********0Z EXPORT IMPORT VCMeL WOT *PKQ SM
      2,273 words

  • Page 34 Advertisements
    • 624 34 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/WY STOIIf MM/MUM H'BURG BREMEN ANTNERP SMMiATA, 35W8 21/9 23/10 2»/U «/ll |/H AUTM/26M 8/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub««ct to lnduc«m»nt Also accapting cargo lo Casablanca. Port Said, Port Alexandria, Genoa. Trieste. ALSO ACCEPTV4G
      624 words
    • 1425 34 0 HANJIN SHIPPING J,?**? 1 SN UK HAUL LGB OAK' FBI W SM |UK HAUL SAV U NTC HAWN KAOHSUK 00* 8/8 DMCT 30/8 2/9 HANJM ROTTOOMI OIK 1/8 M AMI MCA 00* 10/9 11/9 13/9 HAW* BREMEN 00« 15/8 DKCT b/9 8/9 FISHGUAW) BAT 20*1 10/8 H KOH 03#
      1,425 words
    • 1143 34 zjU d -Tr-I I Wl m it m M II OB IB Ml IW 111 f« 111 ..<• l:s»s iv! 3sgw r, v i\ «t,t, ig 3s3s 3s I 1: i: Era 3w,\l I I w""<™ */9 Z i/\ iu» 11/ l IV? !vi li/J !vJ i?/2 yiitSJ'" /l n/w
      1,143 words

  • Page 35 Advertisements
    • 1561 35 V NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 MB FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/inoia/pak service NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03)
      1,561 words
    • 294 35 YOUR RELIABLE FREIGHT FORWARDER E3 flfjlf 59m^mMM CUSTOMER SERVICE: 222 0717 FAX: 222 7968 Ml/ MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 10/08 Kaohsiung ETD 14/08 Pt Kelang ETD 09/08 Busan/Hong Kong ETD 10/08 Bangkok ETD 12/08 Japan ETD 09/08 Jakarta ETD 09/08 Madras ETD 08/08 Manila ETD
      294 words
    • 250 35 ©HEUNG-A SHIPPING Korean Flag Vessels 1 ft KIUHO, HONOKONO, ftUfAM,fNCHON J STRAITS/KOREA SERVICE m SM MIC BSN HC MOI •QCTMK IMB IB2M 99M/M U 11/N IJ-14/0® II 19/01 2t/M 21/ M NO I OOMM *m SUUMT* IVU/H 19 19/ M H-H/tt 27/ M 21/ M 09-10/ M •t OLDtNOOMF 2JSN
      250 words
    • 1146 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND-OtSCHMONG WESTBOUND-LOADING TRANSHiPPfFviA~ROTTERDAM *0* HKS *OT SX HL HBC
      1,146 words

  • Page 36 Advertisements
    • 1262 36 K kk w AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR Nf: **********0 M) H TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 m MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD t/T iunrtiiroi TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut internusa, tel:
      1,262 words
    • 169 36 vWfiwcfiiqi Hsanc TUBER PLYWOOD SERVICE TO WL/CONTHENT KKU STORE P* lOWW FOR M*Y I SU) SU) ROT/ANT/FUJ/IK MRU) AGAAOMN SU) SU) SU) ROT/WT/RU/W WORU) AAMON 12/1 »/l 25/1 ROT/ANI/FUJ/l* BELFAST FROTAfIORAS 12/1 ROT/ANT/FUJ/1* loads Sabah/Monesa MULTIPORT AGENCIES (S) ®PTE. LTD. TEL: *****77 FAX: *****31 P.K. MULTIPORT SON BHD. TEL: *****09
      169 words
    • 236 36 T7T\ FOONG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1. #03-10 SINGAPORE 0511 TU: *****55 (12 LINES) fajl *5-7777*14 iuu: is ***** fssht VESSEL ¥0Y ETA ETD OESTWATION GULF SUTAN 7/92 IARARTA PADANG MAHAIA 9/92 13/1 IS/I JAKARTA BE NGRULU OAF SU.TAN 1/92 19/1 21/1 lARARTA/PAOANG MTA PRIM 4/92
      236 words
    • 898 36 PHILI-OaiCNT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 j Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 i BY AIR, LAND OR SEA.... I w£?V WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION -^urnuLwmwzMJUAMomoummßme 8 AUG SYDNEY. MELBOURNE. BRISBANE. FREMANTLE I 14
      898 words
    • 270 36 GOLDEN LINE GUM gum shipping \CNy<\ (PTE) LTD I a TM Ay* Stmt SMGAPOK IIM TEL: U4JMS (M UK) Fai S34JSO4 (O No 1012KSM0M) IttAITI/WMIAM GULF WTia S port P Keiang Penang SOLDI* STM KjiacN Dubai Dwmtnt 11/12 A* SOUO MM*ST Karacki Dubn/OM 11/11 I* china mnci A*a China Port
      270 words

  • Page 37 Advertisements
    • 2281 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E JAKARTA HBANGKOK I VESSEL VOY SIN JKT SIN FQTFRRiir.r C EQUATOR HAWK 55N 7/8 9/S 13/8 boLatob rnv<»T*i KOTA IMOAH »1 9/8 11/» i«/a EQUATOR CRYSTAL 103N 7/8 10/8 14/8 BUNG A
      2,281 words
    • 836 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|P GUDANG| PENANG P KELANG OCEAN VSL/VOY SIN SOUO) RTM (2) HAM (3) GOT (4) E 7/8 7/8 8/8 ALSIA 2312 11/8 28/8 30/8 31/8 2/9 E '4/8 14/8 15/8 BENAVON 2322 18/8 4/9 6/9 7/9 9/9 D 21/8 21/8 22/8 JUTLANDIA 2332
      836 words
    • 283 37 NIGERIAN NATIONAL taA SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN V.52 SINGAPORE Sid eta L®got 18 Aug Port Harcourt 20 Aug Calabar 25 Aug _VACCEPTING B/BULK AND CONTAINERS °BSA° TRANSPORTATION M MYANMA ■Bk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kit Pen P.Gdt AVA VII6W 15/17
      283 words



  • Page 40 Advertisements
    • 1866 40 u\\ Container Liner Services J Malaysia s Agents: Indonesia s Agents: General Agents: Booking Agents: StUpi q Sdn CtUM9 CtUM dipping Sdn Bhd p.j. Global hitra Indonesia Maritime Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd i?QOQ Pof( ***** kl 2MiStnHo.nl 4/I*ll Street Seiangor Otrul Lhsan ret 442
      1,866 words
    • 621 40 EXPORTS TO HONGKONG. TAIWAN. MANILA I lAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOT PKL PEW IKT SSI MNL *G KAQ Kg TTO TOK W NCO KOB VOT |SM |PKI PEN Bin SM ACX LOTUS 218 SI 7.1 7.1 11 1 15.1 17.1 21 1 22.1 22.1 23.1 »C* MOC
      621 words
    • 488 40 rcssn voy iakarta spore Bangkok mania Guam sapan ASIAN ORCHO IS AUG 9 AUG 5 AUG 21 AUG 22 ASIAN ORCHO" 17 SfPl SEP 5 SEP 12 SEP 18 SEP 20 VESSEL VOY ETA SPORE GUAM (T/S) MOTHER VESSEL GUAM ponape kosrae majuro truk tap kor ASIAN ORCHO IS AUG
      488 words
    • 354 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 T*i«x: R*****0 T«<: *****01-3 Fax: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SIN/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 972 IN PT 09/08 (SUN) PRELUDE 912 07/08 (FRI) 10/08 (MON) PELOPOR 1040 08/08 (SAT)
      354 words

  • Page 41 Advertisements
    • 604 41 (ft FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 9/8 ROTTERDAM 9/8 HAIFA/ASHDOO/ALEXANORIA 978 HAMBURG/BREMEN 9/8 MARSEILLE/FRANCE 9/8 FELIXSTOWE/UK 9/8 BARCELONA/SPAIN 978 LEHAVRE/ANTWERP 9/8 GENOA/ITALY 978 GOTHENBURG/SCANDINAVIA 9/8" LOS ANGELES/WC/IPI 9/8 SYDNEY/MELBOURNE 8/8 NEW YORK/EC 978 FREMANTLE/ADELAIDE 9/8 VANCOUVER 978 BRISBANE
      604 words
    • 1336 41 RICHFIELD MARINE AGENCIES (S) PTE LTD A 1 TEL: *****33 (12 Line*) IX;I FAX: *****15/*****03 pH| TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL Ivor eta loading for SPORE ABVOT ?9WB 06/09 OARESSALAAM MOMBASA DjeOUTI ASSAB MASSAWA ANOtNET 28WB 02/10
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    • 342 41 ®®agal IKER'Um r VSL VOY SMGAPORE MADRAS SMGAPORE KSSEI *0T Sf» MM SR «a 27* 00-07/00 13-14/01 *0-71/00 IKB STEED 216N 10 11/ M 10-10/00 24-20/01, I nca creek 2W u-is/oo 20-22/01 27-21/01-TKEK BMDGf 217H 10-17/00 2J-25/01 30 31/00 j* VSL VOY SMGAPORE/CALCUTTA/SMGAPORE KSSEI VOT SM OH -f LMOTSI 426
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  • Page 42 Advertisements
    • 1917 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SIN MULBERA 28S 14/8 26/8 28/8 14/9 AUST STAR 0626 22/8 3/9 5/9 22/9 PROSPECT 20S 3/9 15/9 17/9 3/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER, WELLINGTON.
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    • 811 42 THONG SOON UNES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CbNTAINER I CONTAINER SERVICES I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IVOT IS POK IPCST VESSEL I
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    • 368 42 <m PRO LINE LIMITED ft CO., GmbH. HAMBURG CONTAINER BREAKBULK SERVICE LOADING FOR SOUTH AMERICA VOT SPOKE DURBAN BARES RIO SANTOS MC PEARL 510 13/08 31/08 15/09 21/09 23/09 FRAT2IS M 511 02/09 19/09 05/10 10/10 12/10 POKER 512 25/09 10/10 24/10 31/10 04/U PRO ATIANTICA 513 2t/10 11/11 24/11
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    • 8 45 Enterprise Management in Business Times j every Monday
      8 words
    • 106 45 *1 MANILA Vessel Voyage Eta Etd Eta Kota Jade 1 NB 17.08.92 18.08.92 22.08.92 Kota Jade 2 NB 28.08.92 2908.92 02.09.92 Kota Jade 3 NB 07.09.92 08.09.92 12.09.92 GENERAL AGENTB: BANGKOK :ERAWAN MULTIMODAL SERVICES. TEL *****84-6 EAGLE LINER HIPPING AGENCIES PTE LTD. PORT KLANG EAGLE UNER. TEL: 03-*****02,*****39/40 10 ANSON
      106 words
  • Page 45 Miscellaneous
    • 465 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 (MOO 0900 *****100 1200 1300 1400 *****600 *****800 1900 2000 2100 2260 2300 JR 08 U 16 20 22 22 20 17 14 1.1 19 10 1.1 15 19 23 25 26 24
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  • Page 46 Advertisements
    • 439 46 W&W 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 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE SINZHONG
      439 words
    • 416 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOB: A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/08 20/08 Huangpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO CHMA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      416 words
    • 271 46 When High-Tech Companies I need personnel, V. tlle y P ,u B nto APPOINTMENTS Weekly LCL vk. Consolidation O "w""" Tel: *****88, Fax:*****83/ u j SKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHNVO Johore Baru Tel: 07-*****8 Fax:
      271 words

  • Page 47 Advertisements
    • 1122 47 A HYUNDAI MERCHANT MARINE CO. LTD. 'VIA FEEDER PACIFIC SOUTH-WEST SERVICE PSA* PKE* PGP' SW* TO US* VOY MO LBH OAK DAL/HOU CHI SLU HVC 04/08 29/07 31/07 07/08 H COMMANDER Ott 14/08 31/08 03/09 03/09 01/09 01/09 06/09 11/08 05/08 07/08 14/08 H. PIONEER 51E 21/08 07/09 10/09 10/09
      1,122 words
    • 482 47 sJW» 17! i STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESStI W V N IN M Sl* LMft 55 In h Mil II OtAK (IRANI 3 7,» TMIIS AITO 42 II I 11/ l 14 I MUCH IS 11/1 11/1 MISMM 4 11/ l cositc tusni
      482 words
    • 1150 47 our SERVICE CALLS |Fm*i km Ife, Inu |Mrt*v l«u< Ifei s* luu lom Ihou IMI |c*/ I not IMM Iktc SINGAPORE 25= DIRECT EVERY a J ,MI 11 AUKAHM BBCOKW >***** 12/ M 31/W 41, M 03,' M 03M 01/ M M/M MM M/M mp HMFtn AV A aww «MJ
      1,150 words

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