The Business Times, 11 August 1992

Microfilm: NL18499
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, August 11, 1992 75*
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  • NEWS SUMMARY
    • Article
      Indian financier arrested over US$1.3b scam
      69 1 NEW DELHI Federal detectives have arrested a private financier in connection with a US$l.3 billion (SS2.I billion) scam involving stockbrokers, bureaucrats and domestic and foreign banks, investigators said yesterday. The latest catch of the Central Bureau of Investigation is RGanesh, a vicepresident of Fairgrowth
      69 words
    • Article
      PLO wants direct talks with Israel
      70 1 TUNIS The Palestine Liberation Organisation yesterday welcomed Israel's plan to amend its ban on contacts with the PLO but said it wanted direct negotiations with the Jewish state to advance the peace process. The Israeli government said on Sunday that a Bill to amend
      70 words
  • MARKET SUMMARY
    • Article
      Dow lower
      31 1 WALL STREET blue chip stocks slipped in early trading yesterday with the Dow Jones index of leading industrials falling 7.04 points to 3,325.14 five minutes after the opening bell.
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    • Article
      Footsie lower
      28 1 LONDON share prices were lower at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was down 24.9 points, or one per cent, at 2325.2.
      28 words
    • Article
      STOCK INDICES
      28 1 Monday Change BT-MGA closed Kuala Lumpur ....595.16 -1.95 Tokyo 15,066.34 -451.93 Hongkong 5,867.94 +17.01 Sydney 1,592.3 +5.5 Friday Change New York 3,332.18 -8.38 London 2,350.12 -27.5
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.6100 100 Yen SS 1.2588 MS SS 0.6436 Money market rates Overnight 2-5/8 +1/8 3-month 2-3/8% -3/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$350.75 US$0.90 Rubber S'pore Sep closed«/kg M'sia Sep 219.50*/kg unch KL Tin Turnover 26 tonnes +11 Spot M$16.74/kg -0.05 Crude palm oil Turnover 1,28 Hots +759 Oct MS828 /tonne -10
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  • Article, Illustration
    S'pore analysts upbeat about second-half upturn
    622 1  -  But global uncertainties cast shadow over pick-up in growth By Kenneth James SINGAPORE Analysts in Singapore are confident that after six successive quarters of decline, Singapore's economic growth seems set to swing upwards. But the pickup may be thwarted if there is no recovery
    622 words
  • Article
    S'pore's direct investments in US plunge
    441 1  -  By Chuang Peck Ming SINGAPORE Singapore's direct investments in America, including real estate, plunged 95 per cent in the past two years to a mere US$l6 million (5525.7 million) in 1991, according to the United States Department of Commerce. Investments from the Asia-Pacific region
    441 words
  • Article
    Lock icon Nikkei will slide to 13,000 if nothing is done: Watanabe
    288 1 AFP, Reuter TOKYO Japan's Deputy Prime Minister, Michio Watanabe, warned yesterday at a meeting of government and ruling party leaders that Tokyo share prices would plunge further if nothing was done to boost the economy, officials said. "If nothing is
    AFP,; Reuter  -  288 words
  • Article
    Jakarta setting new rules on internal takeovers, mergers
    229 1  -  From Maggie Ford in JAKARTA INDONESIA'S stock market regulators are to introduce new rulings on internal acquisitions and mergers by listed companies in response to growing concern by investors over the protection of minority shareholders. Sukanto Reksohadiprodjo, chairman of Bapepam, the Capital
    229 words
  • Article
    Inno-Pac accepts M$50m offer for strategic stake in M'sian KFC
    577 1  -  By Amy Balan SINGAPORE Financiallytroubled Inno-Pacific Holdings Ltd has accepted an offer for its strategic stake in KFC Holdings (M) Bhd, owner of Malaysia's leading fried chicken franchise. The stake, comprising KFC shares and convertible loanstocks (Culs), is to be
    577 words
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      Page 1 Advertisements Column 1
      361 1 Nikon The World's Finest Photographic System. Plant to be shut down MAJOR Japanese firm Japan Steel Works is closing down its 13-year-old Singapore manufacturing plant but will continue operating in the Republic as a sales and service centre with a new name Page 2 Jardine Fleming returns HONGKONG-based Jardine Fleming,
      361 words
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      Page 1 Advertisements Column 2
      178 1 Mycom set for takeover MYCOM Bhd, an associate of Malaysia's diversified Hong Leong group, is set to take over control of Olympia Industries Bhd by injecting its gaming operations into the company Page 3 KIE profit up 15pc BUOYED by higher margins and associated companies' contributions, Keppel Integrated Engineering Ltd
      178 words
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      Page 1 Advertisements Column 3
      320 1 Manufacturing unlikely to pick up for rest of year, Pg 2 HISTORY IN TIME \t~ V». #ii .my PUnttsnmm Copemicmt. Handmade m !§ct gold, individually numbered, ULpphtir cryuaL water mutant to JO m. Shockproof L*Jy Sew torn Automat* with power reicnt. \mall *cond and date indicator 19a gold or aeei/goid
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      Page 1 Advertisements Column 4
      32 1 Nikon The World's Finest Photographic System. Hock Lock Siew: Will Oei Hong Leong ever shake off wheeler-dealer image? Pg 3 The Bottom Line: PM's National Day message reassuring for companies, Back Pg
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  • PAGE 2 NEWS
    • Article
      Japanese company shuts down Singapore plant
      421 2  -  JSW to carry on here as sales and service centre under new name By Jennifer Lien SINGAPORE Major Japanese firm Japan Steel Works is closing down its 13-year-old Singapore manufacturing plant but will continue here as a sales and service centre with a new
      421 words
    • Article, Illustration
      Jardine Fleming back in S'pore, but only as a stock research firm
      282 2  -  By Kooi Cho Teng SINGAPORE Hongkongbased Jardine Fleming, whose merchant bank was booted out of Singapore some eight years ago, has made a low-key return. But only as a stock research unit. Jardine Fleming Research Ltd, which began
      282 words
    • Article
      Lock icon Era of high growth for 'dragons' may be ending: report
      263 2 AFP TAIPEI The spectacular period of high-level economic growth in Taiwan, Singapore, South Korea and Hongkong could be coming to an end, Taiwan's Council of Economic Planning and Development said yesterday. It warned in a report that unless counter-measures were
      AFP  -  263 words
    • Article
      Manufacturing growth likely to stay flat
      565 2  -  The Singapore economy By Chuang Peck Ming SINGAPORE The worst appears to be over for the manufacturing sector, but some analysts still do not see a pick-up for the rest of the year. Manufacturers generally expect a modest upturn in the second half of
      565 words
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      Page 2 Advertisements Column 1
      75 2 A BOU) DEVELOPMENT '^W lp^ PPfe- ffl^^rott^MTrHtimr^^^pJr^H niL Mil H I Ist HBi&Btill 111 HHHHI SIH Mfl Hi KEPFEL TOWERS fs' y Easy access via ECP and AYE 5-minute walk from Taiyong Pagar MRT Column-free office IJW space Computerised building management I'ifc t system Conference facility High speed lifts Ample
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      Page 2 Advertisements Column 2
      188 2 THE MONETARY AUTHORITY OF SINGAPORE IU AMOUNT OFFERED SGD7(X)MIO H 1| ISSUE CODE N*****0T H |l ISSUE DATE 31 AUGUST 1992 H MATURITY DATE 1 SEPTEMBER 1999 H INTEREST RATE TO BE DETERMINED BASED ON THE H 1 AVERAGE YIELD OF SUCCESSFUL APPLICATIONS 'M PRICE TO BE DETERMINED AT THE
      188 words
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  • COMPANY NEWS 1
    • Article
      Mycom Bhd set to take over Olympia Industries
      331 3  -  Plan to inject gaming operations into Olympia From Leslie Lopez in KUALA LUMPUR MYCOM Bhd, an associate of Malaysia's diversified Hong Leong group, is set to take over control of Olympia Industries Bhd by injecting its gaming operations into the company. Executives
      331 words
    • Article
      KIK, chalks up 15pc rise in interim group earnings
      412 3  -  By Dexter Lee SINGAPORE Buoyed by higher margins and associated companies' contributions, Keppel Integrated Engineering Ltd has chalked up a 15.5 per cent rise in interim group net earnings to $7.13 million. Analysts say KIE, a member of the diversified Keppel
      412 words
    • Article
      Keppel Finance posts 5pc rise in interim profit
      255 3 SINGAPORE Higher general provisions for doubtful debts and taxes eroded increases in loan assets and wider interest spreads at Keppel Finance, giving it only a 5 per cent rise in aftertax profits for the first six months to end-June 1992. While pre-tax
      255 words
    • Article
      Lock icon Financial services group MIDF to be listed on KLSE
      233 3 Bernama KUALA LUMPUR Malaysian Industrial Development Finance Bhd (MIDF), the financial services group, is to be floated on the Kuala Lumpur Stock Exchange's main board. Chairman Zain Azraai bin Zainal Abidin, in his maiden annual statement, said an application to the
      Bernama  -  233 words
    • Article
      Will Oei Hong Leong ever shake off wheeler-dealer image?
      775 3  -  THE HOCK LOCK SIEW COLUMN By Catherine Ong HONGKONG Oei Hong Leong is looking like the Houdini of the corporate world, having resurfaced in Hongkong and China with more headlinegrabbing deals after suffering setbacks in Singapore. The former boss of United
      775 words
    • Article, Illustration
      Omni Hotels to run international hotel in Ho Chi Minh City
      387 3  -  By William Chia SINGAPORE Hongkong hotel group Omni Hotels Asia-Pacific, which manages the Omni Marco Polo Hotel in Singapore, has signed a long-term contract to operate an international hotel in Vietnam's Ho Chi Minh City. The company announced yesterday
      387 words
    • COMPANY BRIEFS
      • Article
        Sungei Way posts record M$20m interim profit
        65 3 PETALING JAYA Sungei Way Holdings Bhd has achieved a record group pre-tax profit of M 520.14 million (S$ 12.89 million) for the half year ended June 30, 1992, which represents a 71 per cent increase over the last corresponding period of M$ 11.78
        65 words
      • Article
        Pelangi sees good year ahead
        68 3 KUALA LUMPUR Pelangi Bhd expects the year ahead to be another good year of growth for its property-based activities, chairman Tunku Osman Ahmad said in the company's latest annual report. For the financial year ended March 31, 1992, the group recorded a pre-tax profit of
        68 words
      • Article
        Leong Hup in M$35m expansion
        65 3 KUALA LUMPUR Poultry group Leong Hup Holdings Bhd has invested Ms3s million (5522.4 million) in its expansion programme in the current financial year. Chairman Lau Chong Wang, in the company's latest annual report, said the programme included the setting up of additional breeder and broiler
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      • Article
        Uniphoenix sees M$17m profit
        71 3 KUALA LUMPUR Uniphoenix Corp Bhd, the property, manufacturing and engineering group, has forecast a consolidated pre-tax profit of M$ 17.3 million (SSll.l million) for the year ending Dec 31, 1992. It said the forecast was made based on the main assumptions that its proposed acquisition of
        71 words
      • Article
        Mega First's purchase approved
        54 3 KUALA LUMPUR The Foreign Investment Committee has approved Mega First Corp Bhd's acquisition of a 51 per cent interest in Palmco Mark Hot Construction Services Sdn Bhd (PMHCS) for a total cash consideration of M 595,000 (S$60,800). PMHCS was acquired jointly from Palmco Holdings Bhd and
        54 words
      • Article
        Factory to boost Perwaja capacity
        59 3 KUALA LUMPUR Perwaja Steel Sdn Bhd will increase its production capacity with the opening of its MS 1.5 billion (*****,000) factory in Gurun in January or February next year. Giving a university lecture on Sunday, managing director Eric Chia said Perwaja was expected to earn
        59 words
      • Article
        Golden Frontier wins control
        74 3 KUALA LUMPUR Golden Frontier Bhd is to acquire a 70 per cent stake in Vitapress Sdn Bhd for M 52.5 million (Ssl.6 million) in cash, to be funded from internal cash reserves. A Golden Frontier statement here yesterday said the acquisition would create substantial group synergy
        74 words
    • COMPANY BRIEFS
      • Article, Illustration
        Burswood casino operators deny takeover bid
        100 4 PERTH The operators of Perth's highly profitable casino said yesterday they have no knowledge of a reported takeover bid by one of Asia's wealthiest businessmen. Burswood Resort Casino chief executive Ed Posey said he was surprised by a report here that control of the
        100 words
      • Article
        Hutchison to issue 180m shares
        44 4 HONGKONG Li Ka-Shing's Hutchison Whampoa will place out 180 million shares at HK$ 14.90 each, the stockbroker handling the issue said yesterday. Peregrine Investment Holdings said parent company Cheung Kong would take up another 120 million of the shares.
        44 words
      • Article
        Tax charge hits CC Amatil profit
        71 4 SYDNEY Drink and snack foods group Coca-Cola Amatil Ltd (CC Amatil) said operating profit increased 19.4 per cent in the half year to June 30 but an abnormal tax charge pushed down the net result by 35.5 per cent to A$ 13.58 million (S$
        71 words
      • Article
        Hitachi cellular phones for China
        62 4 TOKYO Japan's Hitachi Ltd said yesterday it would market cellular phones in China from this autumn. Hitachi will be the second foreign company to start a cellular phone business in China following Motorola Inc of the US. The Japanese electronics company would sell the product
        62 words
    • Article
      Lock icon HK banks wary about loan for Li Ka-Shing firm
      472 4 Interest on syndicated package seen as too low Reuter HONGKONG Some bankers here are wary of joining a syndicated property loan for tycoon Li Ka-Shing's business empire after one of the borrowing companies revealed a surprise loss, banking sources say. A
      Reuter  -  472 words
    • Article
      Lock icon Strike seen as test for CHH's new management
      276 4 Reuter WELLINGTON A bitter strike at the biggest mill of Carter Holt Harvey is seen as a baptism by fire for the New Zealand forester's new American managers, analysts said yesterday. US pulp and paper giant International Paper (IP), the world's largest
      Reuter  -  276 words
    • Article
      Lock icon Aldus Corp restructures US operations, cuts 100 jobs
      238 4 Bloomberg SEATTLE Aldus Corp, one of many computer software makers plagued by falling revenues, is restructuring its US operations and laying off 11 per cent of its temporary and permanent staff, or about 100 employees. The restructuring follows "economic and competitive pressures
      Bloomberg  -  238 words
    • Article
      Lock icon Philippine stock market set for another climb, say analysts
      532 4 MARKET Reuter MANILA The Philippine share market, having taken a long breather from the euphoria inspired by President Fidel Ramos' smooth rise to power, is now poised to climb again, securities analysts say. The market is looking for strong advances in
      Reuter  -  532 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      94 3 (Jls The Best of Baume Mercier Since the establishment of Wlth scratch-resistant synthetic Sincere Watch in 1954, we have sapphire crystal face, screwworked hard to maintain a repu- down crown and bottom. Recogtation for excellence In the service )q nised worldwide for its elegance, we provide our customers and in
      94 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      321 4 o^} HOW TO RE DUG YOUR J***' After 10 years of opening new 1111 II Mf models, you utilize your lines of communication, we can tell IB I 1111 l certificate to enjoy significant savings, you the best way to reduce your In effect, your certificate ensures communication costs as
      321 words
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      Page 4 Advertisements Column 2
      84 4 PARKWAY HOLDINGS LTD U5550,000,000 Floating Rate Notes Due 1996 with Warrants to Subscribe for New Shares of Parkway Holdings Limited In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 11 August, 1992 to 12 November, 1992, the Notes will carry a
      84 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Chinese banks seek partners
      680 5 Foreign banks being targeted for joint ventures KnightRidder HONGKONG Chinese banks are actively seeking foreign partners for joint venture banks as sources of capital, expertise and foreign exposure, say bankers familiar with China. These major state-owned banks have been increasingly approaching foreign banks particularly European banks
      Knight- Ridder  -  680 words
    • Article, Illustration
      Lock icon HK govt waives HK$130m interest owed by BCCHK
      407 5 AFP HONGKONG The Hongkong government said yesterday it will waive interest charges and ad valorem fees totalling HK$l3O million (Ss27 million) owed by the Bank of Credit and Commerce Hongkong (BCCHK). The official receiver and liquidator of the BCCHK, Robin Hearder, said
      AFP  -  407 words
    • SMALL CHANGE
      • Article
        HK govt to offer HK$500m bonds
        85 5 HONGKONG The Hongkong government will offer HKSSOO million in two-year bonds next Monday carrying a coupon of 4.375 per cent, the Office of the Exchange Fund said. The average accepted yield at the last tender of 5.5 per cent bonds in May was 5.15
        85 words
      • Article
        Japanese bank deposits fall 2.7pc
        62 5 TOKYO Deposits at Japan's 11 major commercial banks at the end of July decreased 2.7 per cent from July 1991, and fell 0.8 per cent from the end of June, the Federation of Bankers Associations said. Deposits as of July 31 were 182.79 trillion yen.
        62 words
      • Article
        St George Bank plans rights issue
        56 5 SYDNEY St George Bank Ltd said it plans a l-for-5 rights issue at A 54.60 each to raise Aslo2 million. The bank also announced a 5.9 per cent rise in net profit to A 548.3 million for the year to May 31, up from
        56 words
      • Article
        Mellon Bank to appeal payment
        83 5 NEW YORK Mellon Bank has said it will appeal a federal-court decision ordering the Pittsburgh banking company to reimburse some trust customers for about US$55 million worth of "sweep" fees the bank has charged since 1981. Judge Marvin Katz of the US District Court for
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      238 5 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. Gt&nt J SINGAPORE CmII 733 8888 far resmutums. 1 Gacaden RxmJ (off Orchard Road) Qiimftlmumtary iolet parking Singapore 1024 I Instant g ratification from Diethelm. a the ergonofurmture, we make our
      238 words
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  • THE REGION
    • Article, Illustration
      Lock icon Ramos' top aide quits amid row over tax exemption
      348 6 Controversial politician picked as replacement AP, Reuter, AFP MANILA President Fidel Ramos' chief aide became the first casualty of the six-week-old government yesterday by resigning amid controversy over an order he signed that would lift tax liabilities on an industry in
      AP,; Reuter,; AFP  -  348 words
    • Article
      Lock icon Taiwan to grant US$10m loan for Indonesian project
      195 6 AFP TAIPEI Taiwan will grant Indonesia a US$lO million (5516.1 million) loan to help develop a finance project, officials here said yesterday. The loan, to be appropriated from Taiwan's multi-billion-dollar Overseas Economic Cooperation Fund (OECF), would be for Indonesia to develop its
      AFP  -  195 words
    • Article
      Lock icon Thais seek observer status in Non-Aligned Movement
      341 6 AFP BANGKOK Thailand has applied for observer status with the Non-Aligned Movement (NAM) and will send representatives to this month's summit meeting of the 105-member group in Indonesia. A Thai Foreign Ministry official yesterday confirmed reports on the move, seen as part of
      AFP  -  341 words
    • NOTE BOOK
      • Article
        KL may revoke deals given to Yugoslav firms
        61 6 KUALA LUMPUR Malaysia, which has threatened to sever ties with Belgrade, is considering revoking business contracts given to Yugoslav companies. Prime Minister Mahathir Mohamad said yesterday. He added that the weekly Cabinet meeting would decide on Malaysia's stand if Yugoslavia was represented
        61 words
      • Article
        Suharto defends military role
        69 6 JAKARTA Indonesian President Suharto has defended the military presence in the country's legislature as a consequence of history, the Antara news agency said here yesterday. He told would-be MPs from the military who visited his ranch in Tapol near here last Sunday that it was no
        69 words
      • Article
        Tokyo plans Cambodian mission
        90 6 TOKYO Japan may send between 500 and 700 army engineers to help rebuild Cambodia's Route 2 and 3, which link Phnom Penh with the southern coast, a spokesman said yesterday. A mission, including 23 officers of the Self-Defence Forces, is leaving for Phnom Penh today for
        90 words
      • Article
        Canberra to close 3 embassies
        78 6 SYDNEY The Australian government plans to close three embassies in Europe and downgrade four of six consulates in the US to help pay for the country's push into Asia, The Sydney Morning Herald reported yesterday. Embassies in Lisbon, Berne and Prague, which opened only in
        78 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      367 6 ETONHALL •MMPOHB ETON HALL, Singapore (Boarding Facility for Foreign <4 Local Students) MUlttf Situated in lush, green tranquil JH surrounding in Alexandra Park, this 44,000 M sq- feet building can house 160 male A Ifß female boarders from ages of 10 years upwards. Full meals (with choice variety), B conditioned
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      Page 6 Advertisements Column 2
      52 6 The Straits Times The Sunday Times Business Times TIk /a Th JU] Zad Th, The The S The > ZaoB; The The ZaoBi CusUJit* 51 a homeLianHe 'eekly Times jan He ;kly Times aanHe :kly imes an He I"The Slraift Business Times The Benia Minggu LianHe joBao LianHe WanBao Shin
      52 words
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  • THE WORLD
    • Article
      Lock icon Younger Americans rally to make govt debt an election issue
      445 7 Pressure groups want flow of red ink staunched Reuter WASHINGTON Debt eats slowly into the US fibre, sapping the standard of living and draining away money for new investments, much the way a corrosive acid works on metal. Not since
      Reuter  -  445 words
    • WORLD WATCH
      • Article
        Clinton maintains lead over Bush in Texas
        95 7 HOUSTON Less than a week before the opening of the Republican convention, US Democratic presidential candidate Bill Clinton still holds a comfortable lead over President George Bush, according to the latest opinion polls released on Sunday. A survey of 835 Texas voters conducted
        95 words
      • Article
        Pollution row settled in Tokyo
        82 7 TOKYO Japan's Kawasaki Steel Corp and a group of citizens reached a 265-million-yen (553.3 million) compromise agreement after a 17-year dispute over air pollution, court officials said yesterday. The plaintiffs included 58 officially recognised victims of pollution, 19 of whom have since died. More than
        82 words
      • Article
        Castro to attend NAM summit
        98 7 JAKARTA Cuban President Fidel Castro and UN secre-tary-general Boutros Boutros Ghali are confirmed to attend the Non-Aligned Movement (NAM) 10th summit here next month. Earlier, Egyptian President Hosni Mubarak had also confirmed attendance. At least three other Arab leaders Iraqi President Saddam Husein, Libyan leader
        98 words
      • Article
        Taiwan drops subsidy system
        70 7 TAIPEI Taiwan has formally abolished a three-decade-old export subsidy system to help its application for entry to the General Agreement on* Tariffs and Trade (Gatt), central bank officials said yesterday. The system, which helped to fuel the island's export-led economic boom, was one of the remaining
        70 words
      • Article
        Indian inflation falls
        78 7 NEW DELHI India's annual inflation rate, as measured by the Wholesale Price Index (WPI), fell to 9.28 per cent in the week ended July 25 from 10.9 per cent in the previous week, the Finance Ministry said yesterday. It was the first time in 22 months the
        78 words
    • Article
      Lock icon Miyazawa set to approve emperor's visit to China
      361 7 Reuter TOKYO The Japanese government has decided to override opposition from right-wingers and go ahead with a controversial state visit to China by Emperor Akihito this year, sources in the ruling party said yesterday. The emperor's visit, the first by a Japanese
      Reuter  -  361 words
  • Page 7 Advertisements
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      80 7 touchGracious living, Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere to make
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      Page 7 Advertisements Column 2
      210 7 i With up to 5,000 impressions an hour, nobody offers faster copying. As part of the world's largest international network of Business Service Centres, we make crisp, clear copies whether you want black and white or full colour. Ring the number below for on the spot copies on the dot.
      210 words
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  • Article
    Forging strategic ties
    497 8 EDITORIAL THE BIG BUSINESS tie-up between Singapore's Great Eastern Life and Malaysia's Bank Bumiputra, coming as it did the day before Asean commemorated its silver anniversary last Saturday, is significant in more ways than one. Quite apart from blazing the trail for foreign financial institutions in Malaysia
    497 words
  • WHAT THE OTHERS SAY
    • Article
      Taming the predators
      286 8 IT IS an old word, not usually found in the lexicon of live-and-let-live politics. Courage. In recent days, Thailand's caretaker Prime Minister Anand Panyarachun has removed the Supreme Commander and Air Force Chief, ACM Kaset Rojananil, and the Army Commander-in-Chief, Gen Issarapong Noonpakdee. The two figures, closely
      286 words
    • Article
      Ensuring halal chickens
      89 8 IN LESS than a month since the new ruling on the halal label was implemented, a stall at Geylang Serai market has been found selling chickens not supplied from the halal sources to the Muslims. It is important for the Ministry of the Environment as well as
      89 words
    • Article
      Quest for stable growth
      134 8 THE 5 per cent growth achieved in the first six months this year shows that Singapore is still growing at a stable rate. It is not comparable to the double-digit growth achieved in the '60s and '70s. But taking into account that we have entered a
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      Bureaucracy brain drain
      197 8 TO BE a civil servant with a set pension is no longer seen as the only way to guarantee a secure old age. Many private companies are now offering better and more interesting pension schemes. The promise of better salaries and better working conditions, let alone the
      197 words
    • Article
      Persuading Myanmar
      147 8 MYANMAR may have shown through its foreign investment law of 1989 that it wants to do business with the outside world. But the change that is possible through this channel is hardly likely to affect fundamental values like human rights and democracy which have to be brought about
      147 words
    • Article
      Gearing up for growth
      174 8 A RECENT development within the country that has worked to the advantage of the East Coast states is the acute shortage of labour being experienced in the West Coast which has pushed up wages and thus production cost. The developed states of Selangor, Penang and Johor
      174 words
  • Article, Illustration
    Lock icon Averting another Black Monday
    1333 8  -  Germany's move to raise the official discount rate has sparked fears of a worldwide plunge in stock prices. Izumi Kubota examines Japan's ability to help avoid this by leading the world to economic recovery Izumi Kubota Asahi News Service THE DEUTSCHE Bundesbank's decision on July 16
    Asahi News Service  -  1,333 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      274 8 Why invest in the share market with your money. when vou can use ours? Investing in shares is an option that should be open to point over DBS prime lending rate calculated on a daily everyone. That's why our share financing service offers you basis. Interest which is payable on
      274 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      39 8 DOONESBURY BY GARRY TRUDEAU HOUOOESKJUR NO,BUTACVt fft TEACHINGHERTHZ BUT DOE&fT yEAH, THIS T G/RIDOSOWELL, KEHRA&N6 AHA I VAWEOFpteOPUHE. TMTGfVE IS AMERICA, ROSENTHAL* TPS HERUKEAN UKE HARD WORK, ANP RE- (T HER AN ROSENTHAL' \NOTUKESHB ASIAN > UNFAJ R ADVANTAGE 7
      39 words
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  • ANALYSIS
    • Article, Illustration
      Insurer pioneers way into Laos
      978 9  -  Singapore-based insurance company AGF Asia may be the first foreign company in Laos to offer insurance policies, but as Harish Mehta discovers, selling them is not an easy task Harish Mehta L andlocked Laos is witnessing the emergence of a growing number of freespending Laotians
      978 words
    • Article, Illustration
      Lock icon Happy just to be without the EC
      847 9  -  The Swiss government's application to join the European Community has met with some opposition, writes Robert Kroon Robert Kroon IHT FOR ROUGHLY half of the 5.8 million Swiss, and even some of Switzerland's 1.1 million foreign residents, the federal government's formal application for
      IHT  -  847 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      321 9 IKB Once again, true to IQUE's tradition K of being innovative and quick to W respond to industrial changes, IQUE introduces the latest and fastest 1 486DX2-66 MHz computer. r.±T~ t The IQUE 486DX2-66 features the pr }->' latest INTEL CPU chip which has an f| Ipi 1 J internal
      321 words
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  • INNOVATION & TECHNOLOGY 1
    • Article
      German software firm looking to Asia
      366 10  -  SAP to open regional offices and set up a S'pore development team, reports Claire Leow Claire Leow GermanBASED business software firm SAP AG, which set up its Asia-Pacific headquarters in Singapore in 1990, is opening regional offices and setting up a local software development
      366 words
    • Article
      Lock icon Intel unveils latest high-speed chip
      270 10 AP INTEL CORP, the leading maker of the "brains" of personal computers, has announced the latest version of a microprocessor that runs twice as fast as its predecessor. Intel's new 486 DX2 chip runs internally at 66 megahertz, a measurement of computer speed. But it
      AP  -  270 words
    • TECH TAKES
      • Article, Illustration
        New head for Siemens sales outfit
        81 10 SINGAPORE Siemens Nixdorf Information Systems has appointed Loke Soon Choo to head its sales outfit, Siemens Nixdorf (Singapore). Mr Loke, the new managing director, spent 11 years at IBM Singapore, his most recent post being branch manager (public sector) in charge of large systems
        81 words
      • Article
        Pole-making goes high-tech
        96 10 SINGAPORE Joint-venture company Pole Technologies, formed by French polemaker Petitjean and Singapore's Sembawang group, will computerise its production of poles with a system from California's Sun Microsystems. Commercial Software Services will supply Pole Technologies with the MINX Manufacturing Resources Planning system, which will run with Sun's SPARCserver
        96 words
      • Article
        Taiwan entering space industry
        89 10 TAIPEI Taiwan will launch its first locally-designed satellite in 1997 and two more by the year 2006 under a NTS 13.6 billion (SSB72 million) space programme, the National Science Council said here yesterday. The government will encourage the development of a domestic space industry by involving
        89 words
      • Article
        Almanac on Japanese business
        112 10 TOKYO Catena Corp, a Japanese computer sales and software development company, plans to market a new CD-ROM software package in the US this year that will be an almanac on Japan's business world. An Asahi News Service report said the software, developed jointly by a company
        112 words
    • Article, Illustration
      Philips seals two deals for new CD-I software
      386 11  -  Negotiations for more software tie-ups are expected to be completed soon, reports Michelle Low Michelle Low Having just launched its CD-Interactive system in Asia some weeks ago, Philips recently signed agreements with two Asian publishing houses to develop software on its CD-I
      386 words
    • Article
      Lock icon Germans plan to convert plastic back into crude oil
      279 11 Reuter TODAY'S plastic garbage could be tomorrow's crude oil its source in the first place. German oil firm Veba Oel AG plans to start reconverting used plastic containers and films into crude oil in commercial quantities at a plant in the
      Reuter  -  279 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      279 10 Rather Than Sprinkle Spices, We Throw In Freshness. cnHfjlVXal Ja (X J* J Q»d|JA|a Faithful to traditional Teochew culinary art, our chefs at Hung Kang Teochew v Restaurant do not use spice excessively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the
      279 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      674 11 j SIS/EF If keeping ahead in a rapidly changing world is of great importance to you, attend this Conference on: COMPETITIVE STRATEGIES FOR BUSINESS SUCCESS by Kathryn Rudie Harrigan, Professor of Strategic Management at Columbia University A National Employers Conference Thursday, 3 September 1992 Hyatt Regency Singapore As the business
      674 words
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  • FOCUS
    • Article, Illustration
      Lock icon New Taiwan dollar diplomacy
      769 12  -  Chen Chien-kuo looks at how Taiwan is using its huge foreign currency reserves to fuel its economic boom and win friends abroad Chen Chien-kuo Reuter TAIWAN is mobilising its huge foreign currency reserves, the world's largest, to fuel its economic boom and expand the island's international
      Reuter  -  769 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      386 12 AToffers the latest features to handle your payroll! ENHANCED FEATURES FOR VERSION 2.1 a INCLUDE H■' I H■ Extra pay penod for commission/bonus/backpay a Password control access to different category of employees Flexible overtime formula per employee Flexible work day calculation for shift work per employee m Export payroll working
      386 words
    • Advertisement
      Page 12 Advertisements Column 2
      237 12 1 OCBC CENTRE PRIME OFFICE SPACE FOR LEASE Strategically located in the Raffles Place financial district. Office unit areas from 900 aq ft upwards to a whole floor of 10,500 sq ft at attractive rents. Y. 5 minutes' walk from the Raffles Place MRT Station. Putt-height windows looking out to
      237 words
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  • LIFESTYLE 1
    • Article, Illustration
      Lock icon That Mona Lisa charm
      977 13  -  Vinny's cousin Marissa Tomei drops her Brooklyn accent to tackle her first Shakespearean role. Glenn Collins interviews the rising star Glenn Collins NYT MARISA Tomei was, as she would say, steamed. Her fists were clenched and she was pacing one of the stages at the Joseph
      NYT  -  977 words
    • Article
      Lock icon Top jazz historian dies
      483 15 Bill Russell leaves behind new book and re-issue of his songs AP BILL Russell, a classically trained musician who produced hundreds of early jazz recordings and was widely considered one of the world's foremost jazz historians, died in a New Orleans hospital on Sunday. He was
      AP  -  483 words
    • Article
      Ice-T song is much talked about but little heard
      384 15 cHpmmm RAPPER Ice-T has caught a lot of flack for his song Cop Killer, but how many people have actually heard the tune? Comparatively few, according to a poll published in Entertainment Weekly. The song provoked a storm of opposition from
      384 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      388 13 Now you can sing your heart out at our sleek WOTVPHH■■P' Karaoke Pub and enjoy your own renditions of IM 111 1 pp hot hits. Sharing the limelight is Sue Parry, IS IK Australia's golden girl of the P+x~tc Perth Wildcats' fame. Watch her sizzle, belting out top hits and
      388 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      592 14 ptf Nothing Beats A Bud. P»iwo or SINGAPORE'S BEST CATCHES ~..AT PLUM'S lllllli Deaf fried crispy baby squid. Marinated sting ray in banana leaves. Black pepper crab. These are only some of the many sizzling sensetions that are taking Plum's by storm tbis montb. As our cbefs t«rn their skills
      592 words
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      Page 14 Advertisements Column 2
      296 14 WHERE TO WINE, DINE... GOOD NEWS TRAVELS FAST! authentic Shanghainese cuisine prepared by 5 flown-in master chefs. Dine on an irresistible and invitingly fresh menu that includes delicacies like Shanghai Dian Xin, Spiced Duck's Tongue, Sauteed Sliced Eel and Marinated Pig's Knuckles. Featured at Seafood Theatre Restaurant from 5-19 August.
      296 words
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      Page 14 Advertisements Column 3
      280 14 LARJpV R£Aj Bmfw^ l4l r experience the beauty an/ mystique of Tahiti, I n fl detectable spread of Tahitian specialities as welt as the sensuous ftmFjt rl Tamure dancers, beckon you. Come to the "Li To j?r«a Tahiti Promotion and see tbe S/Vt]j magic of island-living unfold before you. r-\
      280 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      711 14 TELEVISION AND RADIO AJ 1 n i 1 900 6.45 VWSnd(M). TO I Q AT TII7A Alone 9.30 Quantum Laap Permanent 7.00 CNN. BUSINESS ON HAPKJ j LdAC U1 LWU 725 followed by The BJO of Carnal* Kaaih BBC, 58.9 mHz Ml VHF Band II Hp 80fl Laura and her
      711 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      280 15 j I T>ctc& I till H 'JjßJ*'■ Roasted Peking Duck 31/8/92 H M Comp4imenlary Birthday Cake (Booking 2\ Mrs in advance) Hffi H Assorted CokJ Cuts Red Fish w/Soya Bean Crumb hS| Shark's Fin w/Crab Meat Stuffed Cuttlefish Paste w/Sea Stix Hi Deep Fried Cnspy Chicken Steamed Rice w/Lotus Leaf
      280 words
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      Page 15 Advertisements Column 2
      199 15 MINTON The R I I I > r i I l~~"or an important business tuncK or dinner tempt yocKf client wrtK cx*r Steak/ drilled AJor*weoian Salmon and much mo»*e f»*om our* extensive a la carte spread. .At prices even your accx>untc\y\i will be pleased wr4\! C7t's at rigkt in the
      199 words
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  • OLYMPICS '92
    • Article, Illustration
      Lock icon Bravo Barcelona
      785 16 NYT BARCELONA Barcelona took a gamble in playing host to the Summer Olympics, and its bet has paid off magnificently. Now, with 16 days of trouble-free Games ending in a spectacular fiesta here on Sunday night, it can at last sit back and enjoy the name and fame
      NYT  -  785 words
    • OLYMPIC FEATS
      • Article
        S Korea's Hwang conquers suicide hill
        131 16 SOUTH KOREA'S Hwang Young Cho conquered suicide hill to win the Olympic men's marathon on the final day of the Games on Sunday. Hwang, 22, last year's World Student Games champion, waved and blew kisses to the crowd as he approached the finish line
        131 words
      • Article
        Less commercialisation please
        72 16 AN IMPASSIONED PLEA by Barcelona mayor Pascual Maragall for future cities staging the Olympics not to fall victims of commercialism brought the 1992 Olympics to a close on Sunday night. "We ask that the next Games be better, that sport will not be the victim of the
        72 words
      • Article
        China makes its pitch
        65 16 CHINA HAILED its record-breaking gold medal triumphs at the Olympics yesterday, saying that as the world's newest sporting superpower it should be awarded the right to host the Games in the year 2000. "China has taken a decisive step towards becoming a sports giant in the
        65 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      664 16 5.... As of Sept '92 Canadian Overseas College Will Be CANADIAN INTERNATIONAL SCHOOL (SINGAPORE).... The School, which is fully accredited by the Ministry of Education In Ontario, Canada and registered with the Ministry of Education In Singapore, offers tuition to students from Grade 7 to the OAC level. Instruction provided
      664 words
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      Page 16 Advertisements Column 2
      203 16 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP JO AND IN THE MATTER OF EAST LAND PROPERTY PTE LTD (Incorporated In Singapore) (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 50 thai the Final Genaral
      203 words
    • Advertisement
      Page 16 Advertisements Column 3
      381 16 BUSINESS TIMES Toll-tr— T* No 737 0Q43 Rut No: 734 3606 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I LinGeokToh of BDc 137 Poloog Pasir Avenue 3 #11-146, Smgapore 1335, have applied for a First Class Public House licence in respect of premises at M/s Dreamland Karaoke Studio at
      381 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices ease on lack of incentives
      5275 17 Bernama SHARE PRICES in Kuala Lumpur closed easier yesterday as the market continued to consolidate on selling activity and buyers' reserve due to a lack of incentives. Sentiment was also hurt by the plunge in Tokyo where the Nikkei Average fell below before
      Bernama  -  5,275 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Share prices end lower in line with Tokyo's fall
      1841 18 Reuter INVESTORS in Bangkok were jittered by losses in the Tokyo market and the weakened stock index yesterday and sold, believing that prices need a correction before they can rise again, brokers said. The SET Index ended 8.98 points lower at
      Reuter; Source: Bridge Info  -  1,841 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close little changed in quiet trade
      894 18 JAKARTA SHARE PRICES ended little changed in quiet trade yesterday, brokers said. The Jakarta Composite Index closed 1.1 points higher at 313.83. "Sentiment is still bearish. There is a lack of buying interest," one broker said. Locals were active in selective bank shares.
      Source: Bridge Info  -  894 words
  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shenzhen A index hits new high
      346 18 CLSA IN SHENZHEN, strong local demand for new A shares continued yesterday. Prices surged during the morning session and remained firm throughout the day. The CLSA Shenzhen A Index gained 75 points to end at new high of 2,786. A turnover of over six
      CLSA  -  346 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon NTT slides, Nikkei just above 15,000
      2570 19 Reuter TOKYO STOCKS closed weaker but off their day's lows. The 225-share Nikkei Average ended at 15,066.34, down 451.93 points after dropping below 15,000 in in-tra-day trade. NTTs continuing slide hurt sentiment as most investors kept to the sidelines, brokers said. The broader first
      Reuter  -  2,570 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks slightly firmer on thin volume
      2501 19 Reuter HONGKONG shares finished with moderate gains in thin, cautious trade yesterday, helped by a modest technical bounce after last week's losses. The blue-chip Hang Seng Index put on 17.01 points to close at 5,867.94, while the broader All Ordinaries Index edged up 3.72
      Reuter  -  2,501 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices rise slightly in spite of plunge in Tokyo
      2098 20 Reuter SYDNEY shares yestetday virtually ignored the Nikkei's plunge in Tokyo to close slightly higher after drifting in a tight range for most of the day. The All Ordinaries Index closed 5.5 points up at 1,592.3. The All Industrials Index closed
      Reuter  -  2,098 words
  • REGIONAL STOCK MARKETS
    • Manila shares fall on volcano eruption fears
      • Article
        MANILA
        572 20 MANILA SHARE prices fell sharply yesterday as investors shied away from the market on fears that Mount Pinatubo volcano may unleash another big eruption this week, brokers said. "The prediction that Mount Pinatubo might erupt within the week sent nervous signals through investors' minds," an analyst said. The Manila
        572 words
      • Article
        TAIPEI
        519 20 TAIWAN STOCKS closed sharply lower yesterday, dragged down by the weakness of the Tokyo market and concern about government plans to change property taxes to discourage land speculation, brokers said. The Weighted Index ended 79 points down at 3,951.73. Turnover was a thin NTS 19 billion compared to NTS
        519 words
      • Article
        SEOUL
        799 20 THE §EOUL stock index staged a strong technical rebound over the key 500 mark in thin trade yesterday, aided by central bank boosting measures and a rally of Daewoo shares, brokers said. "Implementation of loans to three ailing investment trust firms and the denial of political ambitions by (Daewoo's)
        799 words
      • Article
        NEW ZEALAND
        365 20 THE NEW ZEALAND share market slumped lower on weak sentiment in slow trade yesterday, led by further softness in market leader Fletcher Challenge. Fletcher fell seven cents to $2.75, helping pull the NZSE Capital Index 20.15 points lower to 1,523.20. Brokers said lower overseas bourses, in particular Japan's
        365 words
      • Article
        Untitled
        49 20 Close Previous Aug >0 NEW ZEALAND NZSE-40 Capital 1.523.20 1.543.35 -20.15 MANILA Composite Index 1,445.65 1,462.76 -17.11 Turnover (mil pesos) 247.09 230.5 +16.59 TAIPEI Weighted Price Index 3.951.73 4.030.73 -79.0 Turnover (NTS billion) 19.0 15.9 -3.1 SEOUL Composite Stock Index 507.88 494 35 +13.53 Turnover (billion won) unav 133.3
        49 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes firmer in Tokyo as Japanese stock prices plummet
      1189 21 REPORTS ASIA Tokyo: The US dollar ended firmer against the yen and the mark here yesterday. The Nikkei stoek average's fall below 15,000 in the morning led to yen sales against the US dollar and the Profit-taking in marks for
      1,189 words
    • Article
      INTERBANK FOREX RATES
      379 21 Cross rates Au8? US$ S$ MS Dm Yen SFr AS NZS USS 1.6110 2.5005 1.4790 127.75 0.5230 1.3295 1.3559 1.8399 SS 0.6207 1.5521 0.9181 79.2986 0.3247 0.8253 0.8417 1.1421 MS 0.3999 0.64 0.5915 51.0898 0.2092 0.5317 0.5423 0.7358 Dm 0.6761 1.0892 1.6907 86.38 0.3536 0.8989 0.9168 1.2440
      379 words
    • Article
      MONEY MARKET
      530 21 Interbank rates s$ Bid Offer Overnight 2 5/8 2 3/4 1-month 2 5/16 2 7/16 2-month 2 3/8 2 1/2 3-month 2 3/8 2 1/2 Overnight mode: 2-11/16 LSS Bid Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 3/8 3
      530 words
    • Article
      Lock icon UK rand managers still prefer bonds to equities: poll
      351 21 Bloomberg LONDON British stockbrokers are in for a rough time this autumn, according to the latest survey of fund managers by Gallup and Smith New Court Securities. British fund managers continue to favour adding government bonds to their portfolios rather than
      Bloomberg  -  351 words
    • Article
      FINANCIAL FUTURES
      1546 21 SjjjEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.61 96.63 96.61 96.61 I960 2836 ***** Dec 92 96.31 96.34 96.31 96.34 4110 7215 ***** Mar 93 96.26 96.29 96.26 96.28 2505 5243 ***** Jun 93 95.95 95.98 95.95 95.97 1000 1339 3637 Sep 93
      1,546 words
  • Page 21 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Stockpiles may grow on low nearby crude prices
      360 22 Knight-Ridder TOKYO Low nearby prices in the physical crude markets may encourage refiners to stockpile oil, increasing the chances that oil prices will remain weak in the medium term as inventories rise, traders and analysts say. Only a serious increase in tension
      Knight-Ridder  -  360 words
    • Article
      Lock icon Zinc producers watching out for developing tightness in market
      290 22 Knight-Ridder TOKYO Asian zinc consumers continue to buy on a hand-to-mouth basis as demand remains slow, while producers, including China, monitor a developing tightness in the market. "Fundamentally, there is no question that prices should be lower," said one Hongkong-based trader.
      Knight-Ridder  -  290 words
    • Article
      Tin closes lower on lack of fresh buying support
      770 22 REPORTS THE PRICE of tin shed five sen to close at M$ 16.74 per kg on the Kuala Lumpur Tin Market yesterday on lack of fresh buying support, prompted by the US$5O drop on the London Metal Exchange last Friday. A
      770 words
    • Article
      PRICES
      1528 22 Rubber MS Commodity Exchange (futures dosing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 92 142.25 141.75 142.25 350 1A25 Oct 141.00 139.75 141.25 1,600 3,450 Nov 141.00 139.50 140.50 775 3,200 Dec 141.00 139.25 140.50 1,550 3,625 Jan/Mar
      1,528 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1159 22 _B U S I N E S S TIMES Toll free Tet No 737 0043 Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that Lee Teck Ifaig of 812 Juixxig West Street 81, #03-166, Singapore 2264, have applied for a Retail Liqour Shop licence in respect of
      1,159 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1196 23 Z* ET* Fll K»t ETD City Flight ETA Flight ETD •teOtaW GA893 1345 GA974 0005 PK772 1930 PW773 2235 <?A886 0010 Kata Kiaabaiu SQ187 1350 SQI88 0830 0250 MH631 1520 MH630 0950 yrr SQ228 2025 QF82 2205 Hub Lanpar MH629 0035 MH602 0700 KL837 1255 GA974
    1,196 words
  • THE TRAVEL PAGE
    • Article, Illustration
      An infectious and intriguing obsession
      845 23  -  LETTER FROM CORK By Tim Coone AS DUSK falls at this time of year, a group of men dressed in camouflaged jackets and hats regularly gathers on Inchy Bridge, a peaceful spot on the Argideen river about 32 km south-west of Cork in southern Ireland.
      845 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      153 23 As at 10am on Aug 7: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1834 1.1995 Canadian dollar 1.3460 1.3732 NZ dollar 0.8663 0.8840 Sterling pound 3.0680 3.1097 US dollar 1.6080 1.6140 Local dollars to 100 units of foreign currency Austrian
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      63 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Sep 19-22 International Paris Semaine (33)1/*****002 Sep 21-25 International Utrecht. Koninklijke *****55.91 Leather Week Internationale Trade Show Netherlands Nedeiiandse Du Cuir Intensive Animal Jaarbeurs Sep 12-29 International Turin, Italy Torino *****569 Production Caravan Caravan Esposizionio Sep 22-26
      63 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      38 23 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atari to Finnish
      38 words
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      Page 23 Advertisements Column 2
      286 23 Toll free Tel No 737 0Q43 Fax No; 734 3696 I r I NOTICE NOTICE IS HEREBY GIVEN that, I Um Bee Geok Brcnda of 30, Jaim Kuak, S pore 18S2 have applied for a Beer House, First Gass Licence in respect of premises at M/s Kopi-0 Pte Ltd at
      286 words
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      Page 23 Advertisements Column 3
      239 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 UWTRADE AGENCY PTE LTD. (In Members" Voluntary Liquidation) NOTICE OF RNAL MEETING NOTICE Is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, a Final Ganenl Meeting of the Members of the abovenamed company wNI be hold
      239 words
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      Page 23 Advertisements Column 4
      276 23 In the Matter of THE COMPANIES ACT. CAP. 50 And In the Matter of QEORQ OROTJAHN GMBH (TRADING) PTE LTD At an Extraordinary General Meeting of GEORG GROTJAHN GMBH (TRADING) PTE LTD. duly convened and held at 100. Jaian Sultan, #06-07 Sultan Plaza, Singapore 0719 on the 30th July 1962,
      276 words
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      Page 23 Advertisements Column 5
      346 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VECO SUPPLIES TRADING PTE LTD (INCORPORATED IN SINGAPORE) (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Company duly convened and held at 11 Pandan Road, Singapore 2260 on 7 August 1992, the
      346 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      247 23 women in the scrap heap? 5 11 Runs that prove costly !Zjl^LZjllE— 12 Travelled as a stowaway day on the calendar (6) 13 4 j I f 6 j j j have a loss of conscious18 As the bulletin is by the erudite newscaster? (4-4) a foreign lady (6) 26
      247 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      170 23 Singapore Outlook: Showers with gutsy winds over many areas in the pre-dawn hours and early morning. Report Maximum temperature 31.3 Assoc humidity 59% Minimum temperature 24.9 Assoc humidity 91% Hours of sunshine 7.55 Rainfall in mm Nil Rainfall this month 33.1 Rainy days this month 2 World report Asia-Pacific Hi/Lo*
      170 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      25 23 yWfe. J ypuT F\LL THe: stops J A f\'p u<c TO 60OK CLftSS Vg€-TUKM TtCK£T "fo ftO Ol C£>4COR.D£.. J C ASSOCIATED NEWSPAPERS LTD.. H62-IW2
      25 words
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  • Article, Illustration
    Lock icon Ramos lifts restrictions on forex transactions
    497 24 Manila moves to catch up with Asia's tigers AFP MANILA President Fidel Ramos yesterday announced the lifting of curbs on foreign exchange transactions, saying that the move showed the Philippines' commitment to economic liberalisation to catch up with Asia's tiger economies. "This ends an
    AFP  -  497 words
  • Article
    Lock icon Thailand wooing tourists to return with US$3m worth of gifts
    422 24 Reuter BANGKOK Thailand's tourist industry, suffering from a hotel glut and the aftermath of bloody riots in May, will tomorrow present foreign visitors with US$3 million (Ss4.B million) worth of gifts ranging from free air tickets to shopping and restaurant
    Reuter  -  422 words
  • Article
    Lock icon China plays down stock coupon chaos in Shenzhen
    299 24 Reuter HONGKONG China yesterday played down weekend chaos when an estimated one million people tried to cash in on a booming southern share market, and analysts said too much was at stake for Beijing to halt the capitalist experiment. National media completely
    Reuter  -  299 words
  • Article
    Lock icon Panel to accuse Brazilian president of fraud: paper
    174 24 Knight-Ridder BRASILIA A legislative commission investigating Brazil's President Fernando Collor de Mello will accuse him of accepting several million dollars in kickbacks, a Brazilian newspaper reported on Sunday. The newspaper Folha de Sao Paulo said the final report would accuse Mr Collor
    Knight-Ridder  -  174 words
  • Article, Illustration
    PM's reassuring message for companies
    777 24  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL e The writer is BT's Editor GIVEN the current concern among some Singaporeans about the rising cost of health and other government services, it was perhaps not surprising that Prime Minister Goh Chok Tong chose to underline yet
    777 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      254 24 C Singapore's most popular Nitsukq£§3 I Key Telephone System V J There was such an overwhelm- bags under eyes, and the start of ing response to Bella's "Save Your the double chin look. Skin Week" Promotion last week, that Call Bella Facial right away we're now holding to confirm your
      254 words
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      Page 24 Advertisements Column 2
      144 24 R PROFESSIONAL RESOURCES AGENCY (PTE) LTD presents HALF-DAY SPECIALISTS' SEMINAR on Resort by shareholders to unfair prejudice litigation in takeover situations (Parts 1 A 2) Speaker: Mr William F. Stubbs QC, UK, LLB (Cantab), MA MR WILLIAM P. STUMS QC 1 st Class Honours low Tripos Pi I, ond George
      144 words
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      Page 24 Advertisements Column 3
      85 24 SINGAPORE (OMNia Distributor of the most sought after M Key Telephone System V Tel: 278 7088 J WHERE ELSECAN YOU RELISH YOUR LUNCH AND SAVOURTHE MUSIC Satisfy your appetite for delicious local and WESTERN DISHES OVER LUNCH WHILE BEING TREATED TO A STREAM OF SOOTHING MUSIC BY LOS MINSTROS, THE.ONLY
      85 words
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  • Shipping Times
    • Article
      Hanjin sets up regional HQ in Singapore
      350 25  -  By Amir Khalil SINGAPORE Confident that trade volumes in the region would continue to increase, Korean-owned Hanjin Shipping Co Ltd has established its regional headquarters in Singapore. Speaking to BT at a reception to mark the official opening of the regional headquarters, Y
      350 words
    • Article
      Lock icon Iraqi oil port said to be operational
      234 25 AP NICOSIA, Cyprus Repairs of Gulf War damage at Iraq's offshore Al-Bakr oil exporting terminal has been completed and the port is fully operational, the official Iraqi News Agency (INA) reported last Sunday. The agency, monitored in Cyprus, quoted an oil ministry spokesman
      AP  -  234 words
    • Article
      Lock icon Record-breaking speedboat a prototype for fast ferry market
      391 25 Reuter PORTO CERVO, Sardinia An Italian speedboat, which its backers say will revolutionise sea travel, knocked nearly a day off the previous record for a powered eastbound crossing of the Atlantic last Sunday. "There are no words to describe how it feels
      Reuter  -  391 words
    • Article, Illustration
      Lock icon British begin probe into QE2 grounding
      397 25 Reuter BOSTON British investigators opened an official probe on Sunday into last Friday night's mysterious grounding of the Queen Elizabeth 2 off Cape Cod, a US Coast Guard spokeswoman said. The investigation began as the crippled luxury liner, with all passengers safely evacuated, limped
      Reuter  -  397 words
    • Article
      Lock icon Ship with poison gas stopped
      133 25 Reuter BONN A German freighter carrying poison gas components to Syria was stopped in Cyprus and ordered to return its cargo to India, Bonn's Foreign Ministry said. Confirming a report in a German Sunday newspaper, a ministry spokesman said Cypriot police found 25 containers of
      Reuter  -  133 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      885 25 Page Col ABC Conlaincrlinc 12 1 Accord Group 8 1-3 API. 5 3-5 Arrow Inlcr 9 2 ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Ball Canada Line 7 4/5 Ball Orient Line 7 4/5 Bank Line. The 9 5 Batamindo
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    • Article
      Lock icon Cruise lines shrug off mishap
      178 25 NYT LONDON The accident involving the Queen Elizabeth 2 is not likely to hurt the finances of the ship's owner, Cunard Line, or the health of the cruise industry, analysts and company executives say. Cunard, a subsidiary of Trafalgar House pic of London, was insured
      NYT  -  178 words
    • LOG BOOK
      • Article
        Kawasaki, C Itoh in Indian natural gas deal
        91 26 TOKYO Kawasaki Heavy Industries Ltd.a major shipbuilder in Japan and C Itoh Co, a major trading company, have won an order from India to build a natural gas extraction plant jointly with Cooper Rolls Inc, a joint venture between Cooper Industries of
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      • Article
        Kuwait recovers four planes
        81 26 KUWAIT CITY Kuwait has recovered four of the six civilian aircraft that Iraq flew to Iran during the Gulf war, Kuwaiti airline officials said on Sunday. A Kuwait Airways spokesman said that the two remaining aircraft will be returned to the emirate within the next few
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      • Article
        Northwest offers discounts
        91 26 NEW YORK Northwest Airlines on Sunday joined the leading carriers that are offering steep discounts on fares to Europe this fall and winter. Discounts range up to 45 per cent on some flights, but they average roughly 30 per cent on trips to Northwest's five European destinations:
        91 words
      • Article
        US' Coors to sell trucking assets
        95 26 GOLDEN, Colorado The Coors Brewing Co said on Friday that it had signed a letter of intent to sell most of the assets of its trucking subsidiary to Westway Express Inc for an undisclosed amount. The sale comes less than a month after Coors
        95 words
      • Article
        Daewoo's 3 Uzbekistan plants
        123 26 SEOUL South Korea's biggest conglomerate, the Daewoo Group, plans to set up three joint-venture plants in Uzbekistan by 1995 producing vehicles, electronics and textiles. Group chairman Kim Woo-choong and Uzbek President Islam Karimov agreed on the joint-venture deal, which would cost a total of US$75O million,
        123 words
      • Article
        Chrysler told to retain Iacocca
        46 26 TOKYO Kirk Kerkorian, Chrysler's largest stockholder, reportedly is pushing Chrysler's board to retain retiring Chairman Lee lacocca in a major corporate role. According to a story in yesterday's Asian Wall Street Journal, Mr Kerkorian is seeking a meeting with Chrysler's board.
        46 words
    • Article, Illustration
      Lock icon The Japanese factor
      1063 26  -  Peter Stokes warns that the destiny of the shipping industry lies not in its own hands but in the health of the Japanese economy Peter Stokes Lloyd's List Shipowners and brokers who have been sweating through a distinctly uncomfortable summer may be pardoned for clinging to the
      Lloyd's List  -  1,063 words
    • Article
      THE SHIPPING GUIDE
      11115 34 This is a list of ships loading at Singapore for ports arounc the world. It tabulates, bj destination, the name of th< ship, the shipping line in volved and the estimatec dates of arrival and departure from the Port of Singapore LEGEND PN: ship calls at Penang
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    • Article
      SHIPPING AGENTS
      3232 39 A xm.BC C ontainerline NV:'Belsin Shpg Agencics Pic Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,232 words
    • Article
      COURIER SERVICES
      256 39 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express 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 Services Tel:
      256 words
    • Article
      AIR FORWARDERS
      1466 39 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: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,466 words
    • Article
      PORT CONDITIONS
      3285 40 ALBANIA Duires: Eight vessels in port discharging of which 2 general cargo, 1 cash discharging glass, bulk wheat, vegetable oil, flour, iron bars, I loading chrome ore. ARGENTINA Labour working normally. Buenos Aires; Port busy over the last few days and more vessels have been arriving than sailing.
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    • Article
      SHIP SALES & TANKER RATES
      821 40 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Sa mitral: 75,200 dwt and built Sept 1977 Cockerill, ideas USs9m but try slightly less. Ever Bright: 61,902 dwt and built Mar 1980 Nippon Kokan, try USsll.sm. Stove Tradition: 42,129 dwt and built Aug 1985 Koyo, try USS 16.75 m. Co-op
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    • Article
      AIR FREIGHT SCHEDULE
      563 40 ARRIVALS DEPARTURES Op Flight l>pe ETA T From Op night Type KID T To TODAY TODAY NCA KZ203 B747F 0145 I NKT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT J XL JL6I7 B747F 0345 I TYO
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    • Article
      CRUISE & FERRY SCHEDULES
      409 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent telephone No AUGUST 12 13 Fantasy World 0900 1800 Sin-Jakarta Sembawang Johnson Mgt 227-8284 12 12 Royal Pacific 1300 1930 Port Klang Occan Trade Chartering 299-0366 14 14 Koyal Pacific 1300 1930 Cruise
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        558 41 8tfc km* P«nrtat inui Voy No Berth Am*i Departs Marina Terminal 1 Shoiu Maru 3/92 P08A 1108/0/00 1108/2300 Batamindo 1 122SS M03 alongside 1008/1900 Sinvitco 1 07/92 P088 1108/0700 1208/0600 Mian 2 *****2 M02 alongside 1008/1200 Superior Gl 13/92 P04 1108/0700 1108/2300 Batam Baru B170 M04 1108/0900
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      • Article
        IN MALAYSIAN PORTS
        178 41 jonore ron Berth: 1: Johan Pearl; 2: Diamond Dragon; 3; Su Xia; 4: Eggana; 5: Laemthong Glory, Southern Hope; 6: ml. 01 jetty: nil. DCJ: Oxalts 1, Soon Hoe. Oue on Aug 10: Suci, Kisogawa, Kris Madura, Trimaggada, Pernas Sekot. Bunga Butang/ries, Barge Jostndo Satu. Due on
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      • Article
        CONTAINER SCHEDULE
        1641 41 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS toy No Centawen ntUtk Ship fay No Centaurs H» Guang HGG212 09.08.92 1030 Kuala Siak 5 SI126 COO(EST) 10 0892 190 Hj Kaohsung 009E 09 08.92 1040 Liverpool 8 0467 COD(EST) 1008 92 150 Mar 1 017N 09.08 92 1040 B
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    • Article
      TRANSPORT DIARY
      1129 42 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
      1,129 words
    • Article
      DAILY FREIGHTS
      376 42 THE US Gulf/Japan grain route, the key indicator of the dry cargo freight market, was again fixed at buoyant levels, dealers said on Friday. Late August was done at US$lB.5O and early September at US$ 19.50, both basis 52,000 tonnes and one combination port. On Thursday U5518.75 was
      376 words
    • Article, Illustration
      Northwest reschedules for faster S'pore-NY service
      551 44  -  Trans-Pacific route beats SlA's flights via Atlantic by 2 hrs 5 mins By Juliette Walker SINGAPORE Plans by Northwest Airlines to restructure its trans-Pacific flight schedules will soon speed passengers to New York faster than Singapore Airline's much heralded trans-Atlantic service. From Sep 15,
      551 words
    • Article
      Lock icon Leader of turbojet engine design team dies
      347 44 NYT NEW YORK Reinout P Kroon, a retired engineer and educator who helped develop the first American-de-signed turbojet engine, died last Tuesday at Chester County Hospital in Media, Pennsylvania. He turned 85 that day. He lived in Kennett Square, Pennsylvania. His family said
      NYT  -  347 words
    • Article
      Lock icon More buying insurance after China air crash
      265 44 UPI BEIJING The number of passengers purchasing air travel insurance has soared following the crash last month of a Chinese jetliner in the eastern city of Nanjing, the state-run China Daily reported yesterday. After the July 31 crash, nearly 99 per cent of
      UPI  -  265 words
    • Article
      Lock icon US top three car makers post gains in 2nd quarter
      285 44 AFP WASHINGTON The big three US car makers have begun to reverse two years of heavy losses, but they face an uphill battle as the American economy makes slow, faint steps toward recovery. Ford, Chrysler and General Motors (GM) all
      AFP  -  285 words
    • Article
      Freight train plundered in western Georgia
      153 44 MOSCOW About 300 armed men plundered a freight train in western Georgia, loading food and other goods onto trucks, a Russian news agency reported last Sunday. The attack on the freight train last Saturday followed the robbery of two passenger trains last Friday in
      153 words
    • Article
      Lock icon Pilot error blamed for US plane crash
      253 44 AP ANCHORAGE, Alaska A plane crash that killed five people on July 30 occurred because the pilot flew too far up a cloud-shrouded valley and lacked room to turn back, according to a federal investigator. Among those killed in the crash were Kenneth
      AP  -  253 words
    • Article
      Lock icon Jurors grapple with putting dollar value on lives of victims
      652 44 The Pan Am trial AP NEW YORK Once they found Pan Am liable in the terrorist bombing that blasted one of its jets from the sky over Lockerbie, Scotland, jurors took up the hard task of putting a dollar value
      AP  -  652 words
  • Page 25 Advertisements
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      11 25 o Associsxiofi. X!w»y For advertising enquiries, contact Shipping Timet: lei 740-2089/740-2090.
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      Page 25 Advertisements Column 2
      154 25 J? Nedlloyd FAR EAST TO EUROPE/ MEDITERRANEAN CALL: 221 8989 The Japanese factor, Pg 2 Northwest reschedules for faster S'pore-NY service, Pg 20 RAW MATERIALS WmPW V TO SOPHISTICATED "SjJ™ Closer, Quicker, H Reliably With CGM. v BIJsC cotton and sending back fall fashion, or importing low loaders and *Ms9i
      154 words
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      Page 25 Advertisements Column 3
      50 25 A»r Forwarders 15 Ajr Freight Schedule 16 Container Schedule —J. 17 Courier Services 15 Cruise Ferry Schedules 16 Daily FragMs 18 Indei 1 Port Condrtions 16 Si*ppmg Agents 15 Shipping Gude 1041 Shpsales/Tanker Rates 16 Ships in Port V Singapore Tries 17 Transport Oarf 18 Weather and Sea Conditions .17
      50 words
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      Page 26 Advertisements Column 1
      50 26 —i Eyaaitive Housekeeper -this I wants is me. Bub I'll never negtec-t I Any Job. any Career. v Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore Press Holdings
      50 words
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      Page 27 Advertisements Column 1
      4478 27 mm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX *****09 AllVfA BOOKINGS TEL *****34 *****58 ■Illlf TERMINAL/CFS TEL *****18 220 P DflAAfl H PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. k A a u PORT KELANG TEL *****18 FAX: *****91 *****88 LlhH SUIT hAU/ p.. "PZ 0 ""T PENANG
      4,478 words
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      Page 27 Advertisements Column 2
      1508 27 mamssassm NEXT SAILINGS TO MIDDLE EAST TOBIAS MAERSK VOY. 9219 ETA SIN 13/8/92 TREIN MAERSK VOY. 9219 ETA SIN 13/8/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Leerort/A/ies This week Marched Maersk 9208 MMEBIfH—I 18/8 0800 HRS CFS 17/8 2359 HRS JOH LPK PEN OAK LGB HOu MEM ATL MIA
      1,508 words
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      Page 28 Advertisements Column 1
      1494 28 R'DAM/ mm*l VOY NO S PORE JEDOAH S HAMTON H BURG ANT LE HARVE Hljly DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 1. Ml WESTBOUND LUOWIGSHAFEN EXPRESS 03/332 16/8 2/9 4/9 7/9 8/9 ni an uc ft fOMMG MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 CAM) TO UL/CGNTMDIT DRESDEN
      1,494 words
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      Page 28 Advertisements Column 2
      452 28 I EXPRESS TO PAPUA NEW GUINEA 1 I SPORE I ALAM TALANG V2B 10/00 POAA/HON/NORO/RAB 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 VESSEL SPORE PKL LOADWG FPU TAAMRW VIM hfl
      452 words
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      Page 28 Advertisements Column 3
      1542 28 I KSlwaMJi f REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALQ BCL* HAM BRE# ROT ANT# FEL LHA NORASIA PEARL 9224-3 17/08 10/09 12/09 13/09 14/09 15/09 16/09 17/09 18/09 K JAPAN SEA 2251 d 23/08 14/09 16/09 18/09 19/09 20/09 21/09 22/09 23/09 CHWA SEA 226W 30/08 21/09 23/09
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      Page 29 Advertisements Column 1
      2289 29 E" 8 STRAITS SHIPPING PTE LTD MBf 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Td: *****88 Fax: *****17 S 001 STORE B KOK RIMS MADURA VO7l Skin. ID. law 07. OS tll Au|l2 Aug 11 Aug MARION V 017S/018W 16-17 AUG H-M AUG STRAITS STAR VUE Khun. Lab
      2,289 words
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      Page 29 Advertisements Column 2
      2024 29 lfcfcX v SINGAPORE AGENT: >; P&O Containers (Singapore Agencies) Pte Ltd l\l w V 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 Y ™v CR Number: **********02 Export import W«v -mf MM ALG SOU ANT HOT HAM VESSEL
      2,024 words
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      Page 30 Advertisements Column 1
      643 30 111' 1 J i CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STOIIt ROAM AOMI HBURG BMMEN UNTNEftP SBWIMTI3SM6 21/9 23/10 29/10 4/11 S/ll KUTM 26N8 6,10 9/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subf«ct to Inducement. Also accepting cargo to Casablanca, Port Said, Port
      643 words
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      Page 30 Advertisements Column 2
      1575 30 0 H ANJIN SHIPPING Ft* Wl 5 Lie HAUL LGB OAK FOR Kl SN lIK HAUL SAV 1M HYC HANJM BREMEN 0041 li/8 OKCT i/9 8/9 FISHGUARD BAT 20*1 12/8 H KOK 0381 17/9 18/9 »/9 HANJM FELIXSTOWE 014E 23/8 OMCCT 13 9 16 9 HANJM CKJU 085t I//8 M
      1,575 words
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      Page 30 Advertisements Column 3
      1222 30 j -I'M liounatu. 1116 "8 W W UI 06 B* IK iM M U W HBG PSO CH W• I I r um2m !v I 2 L' U f 24/1 S/l v/t n/% 21/1 J, v\% 0/10 1/10 WN»M»M WU I f SinfV2« 1! 1?'! i? 7 *1 J, l/»
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      Page 31 Advertisements Column 1
      1495 31 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 gm mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 uk/europe service (toll-free* export cfs -F9 *****253/*****50 /INDIA/PAK SERVICE NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P
      1,495 words
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      Page 31 Advertisements Column 2
      308 31 YOUR RELIABLE FREIGHT FORWARDER fffffff CUSTOMER SERVICE: 222 0717 FAX: 222 7988 Ml# MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 17/08 Kaohsiung ETD 14/08 Pt Kelang ETD 16/08 Busan/Hong Kong ETD 17/08 Bangkok ETD 19/08 Japan ETD 16/08 Jakarta ETD 16/08 Madras ETD 12/08 Manila ETD 14/08 Colombo
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      Page 31 Advertisements Column 3
      289 31 ©HEUNG-A SHIPPING! Korean Flag Vessels P. taum, HONOKOWO, IUSAN, WCHOH STRAITS/KOREA SERVICE PM S* WG BSN MC MOI •CHOTMK UNO W234 10 01 11/W IVM 19/01 II N 22/U 1 a«»OWF 2JSN U 01 17, 01 21/01 »/M »/M ?l 01 NO I DONAH 2MH SUMMVA II 01 24/01 29/
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      Page 31 Advertisements Column 4
      1096 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHARGING WESTBOUND-LOAPtWG TRANSHIPPED VIA ROTTERDAM *21 HKG 811 HBG
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      Page 32 Advertisements Column 1
      1828 32 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No 1 ********** Mi i V W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 m M U r%| M M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JL ml JKL JL tel: sa *****00 pk *****75 penang *****0 jb *****1. KAWASAKI KISEN
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      Page 32 Advertisements Column 2
      1256 32 PHILI-OMCNT UN€S PT€ LTD 4^ 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 OQ® BY AIR, LAND OR SEA.... •SMr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION peuuLmmmmj-i 18 AUG SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 14 AUG AUCKLAND. WELLINGTON,
      1,256 words
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      Page 33 Advertisements Column 1
      2251 33 gSSfPIf PACIFIC INTERNATIONAL LINES (PTE) LTD rnmmtm* V 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I EDITOR VOV S N JKT S,N KSR3IN 12/8 «/5 S/. 54,4 14/8 17/ 21/8 ESTEBRUGGE 22N 14/8 1»/« 21/8 BUNGA TFRATAi w o!/!
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      Page 33 Advertisements Column 2
      862 33 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUPANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) E 7/8 7/8 8/8 ALSIA23I2 11/8 28/8 30/8 31/8 2/9 E 14/8 14/8 15/8 BENAVON 2322 18/8 4/9 6/9 7/9 9/9 j D 21/8 21/8 22/8
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      Page 33 Advertisements Column 3
      227 33 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 Sep ETA Lagos 20 Oct Port Harcourt 26 Oct Calabar 30 Oct B/BULK AND CONTAINERS I °BSA° TRANSPORTATION img* MYANMA pHHt FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdg AVA VII6W 20/23
      227 words
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      Page 36 Advertisements Column 1
      1644 36 Full Container Services General i,mis: Book!., T^Tll*?"" cm.u.M p.t. suu Mr. mdomsu Mrtam J:", w 58 Persuran Hi/a Muda Musa ?9A lalan Kovl Hihr Jl H H Juarxti UI/14 Costar Shipping Pte Ltd m+9 Freifht Booking Centre Sdn Bhd <7000 Poft j**U fte# 2 MiStn Hojd 4/Hdl Sired SeUngor Oarul
      1,644 words
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      Page 36 Advertisements Column 2
      627 36 EXTORTS TO HONGKONG. TAIWAN. MANILA lAPAN TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUND VOY PKI PEN *T SIN MNL HKG KM) KEE ITO TOK StU NGO KOB VESSEL VOY |SM |PNI PEN BIW SM *CX LOTUS 2K 5 > U 7J 11« 1V» 171 21« 221 22t 231 >CK SWAM 2t*
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      Page 36 Advertisements Column 3
      478 36 I VESSEL VOV JAKARTA SPORE BANGKOK MANILA GUAM SAIPAN ASIAN ORCHD IS AUG 10 AUG 5 AUG 21 AUG 22 ASIAN OftCHO" 17 SEP 1 SEP 5 SEP 12 SEP IS SEP 20 I I VESSEL WOT ETA SPORE GUAM (T/S)MOTl€^ESa^alAly^^roNAP^KO«A^MAlUß^TßtlJ^^VA^^KO^^^| ASIAN ORCHD 16 AUG 10 ASIAN LHV V 43
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      Page 36 Advertisements Column 4
      317 36 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 Telex: R*****0 Tel: *****81-3 Fax: 22S 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SIN/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 994 12/08 (WEO) 15/08 (SAT) MERKUR DELTA 935 IN PORT 15/08 (SAT) PRELUDE 913 14/08
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      Page 37 Advertisements Column 1
      513 37 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIM ASSOL PIRE AUS 16/8 ROTTERDAM 16/8 HAIFA/ASHDOD/ALEXANDRIA 16/8 HAMBURG/BREMEN 16/8 MARSEILLE/FRANCE 16/8 FELIXSTOWE/UK 16/8" BARCELONA/SPAIN 16/8 LEHAVRE/ANTWERP 16/8 GENOA/ITALY 16/8 GOTHENBURG/SCANDINAVIA 16/8 LOS ANGELES/WC/IPI 16/8 SYDNEY/MELBOURNE 14/8 NEW YORK/EC 16/8 FREMANTLE/ADELAIDE
      513 words
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      Page 37 Advertisements Column 2
      36 37 teA JE CONTAINER LINE r TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES PORTS ETP BANGKOK 14/8 18/8 HONG KONG 13/8 17/8 KEELUNG 14/8 18/8 BUSAN 14/8 21/8 MANILA 10/8 21/8 FOR BOOKINGS PLS CONTACT JEAN/JO/JANET
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      Page 37 Advertisements Column 3
      785 37 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Linet) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS ANO SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO Johannesburg 29/08 11/09 Vessel
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      Page 37 Advertisements Column 4
      508 37 JAKARTA BANGKOK tt** l *>! Ml VESSEL VOY SW6APOK BMWKQK NANA BNI 15« 12/08 15/08 VWA BHUM 17N Joe In PI Fri 14/08 BENIA BWI 39S 15/01 H/08 lAWJ BHUM 37N fri 14/08 Mori 17/08 WANA BHUM IMS l»/0« 22/0« MAMA BHUM# 120N Sm 16/08 Wed 19/08 BENIA BHEX AOS
      508 words
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      Page 37 Advertisements Column 5
      356 37 TmSTmSTi VSL VOY SINGAPORE MADRAS SMGAPORE VtSSf L VOT SM MM SM HGttSlttD 216N SWUD> 1( 11/01 24 26/00 TKM CHEEK 28* 14 15/00 20-22/01 27 20/00 UGH WDO 217 M 16 17/0S 23 25/01 30 31/00 t*» SIM 29N 20 21/00 27 20/00 03-04/00 VSL VOY SMGAPORE/CALCUTTA/SMGAPORE VESSEL VOT
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      1944 38 IB* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LVT SIN MUIBERA 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.
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      Page 38 Advertisements Column 2
      1193 38 I THONG SOON LINES PTE. LTD.I n ROBINSON ROAD #15-00, 16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIbNAL/CONTAINER I CONTAINER SERVICE* SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor [S PORE [PEST VESSEL 1
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      80 41 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. v Although its primary focus is on local news, INNOVATION TECHNOLOGY in
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      471 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 21 1.7 12 09 06 05 06 08 12 1 7 20 21 21 18 15 13
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      377 42 1 Wfew 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
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      443 42 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P Q. LOADING FOR: A VESSEL 26/06 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/06 20/06 Huangpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMNA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      361 42 Ma®sx£ Ban Australia <S New Zealand VteA Weekly LCL Consolidation Ibw CARGOFLO. Singapore-Australia v, Fremantle Adelaide Melbourne z= Sydney Brisbane Singapore-New Zealand v I Auckland Wellington Lvltleton 1 1 M£| New Plymouth Napier ChrisifhHirh I J jH mjm» Fax: *****83 »T SKH DISTRIPARK PTE LTD I 77 Robinson Road #16-02
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      1155 43 4 HYUNDAI I MERCHANT MARINE CO. LTD. 'VIA FEEDER PACIFIC SOUTH-WEST SERVICE PWA HK* P€Q* SIN* TO USA VOY MO LBH OAK PAL/HOU CH SLU NVC 04/08 29/07 31/07 07/0« H. COMMANDER 06E 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
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      Page 43 Advertisements Column 2
      466 43 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vtssii »oy sf n ik u TItAS MTO 42 II I U/| IS/I MllClt IS PT 11/1 MISMN 4 PT COSJK HASTIK II |1/| C9S99C PWKU 24 ZS/S 21 I MUM OCUI IN 17/1 IS/I MINI 17 21 I
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      Page 43 Advertisements Column 3
      981 43 our usa SERVICE CALLS lff*m kmt I SINGAPORE ■Si I,To l rpP|£p I" DIRECT EVERY "—mmi bbcowt »op? 3 im ii/w nm nm m/w u/n mm mm mm WEDNESDAY A ■WMt |«43 11/11 mmciwi urn tt-wm 7Sm mm mJZ Jim TTm lim TUn n/m *i«T« mmcj mm x-iim is/w iimumvm
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      125 43 BINTANG MAS SHIPPING PTE. LTD. 39 NEL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 Kttm rain or CMGO STOW OCSnwnONS ■mwc saw via tM7 07 u fc« bm*. m*. km* nan mm. *i« 10n h ii-u fat *•«< l**«. u ■NT AM HLMT Vl* 12-13 Am 11-14
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      100 44 Every Saturday in Business Times /c#/ mo^ l could be a controversial deal between two stock J market stars, a thought-provoking report by "q( university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth.
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      6 44 INVESTMENT Every Saturday in Business Times
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