The Business Times, 12 August 1992

Microfilm: NL18499
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Wednesday, August 12, 1992 75*
    16 words
  • NEWS SUMMARY
    • Article
      Bush blasts report of affair as a lie
      78 1 KENNEBUNKPORT, Maine An angry President George Bush yesterday branded as "a lie" a report that he had an affair with a long-time associate, Jennifer Fitzgerald. Mr Bush was asked during a news conference with Israeli Prime Minister Yitzhak Rabin about a report
      78 words
    • Article
      42 killed in Thailand's May riots: official report
      72 1 BANGKOK The military crackdown on Thai pro-de-mocracy protesters from May 17-20 in Bangkok left 42 people dead and 69 missing, according to an official statement released here yesterday. The special government committee which released the statement was set up by Thai Prime
      72 words
  • MARKET SUMMARY
    • Article
      Dow higher
      30 1 WALL STREET share prices opened higher yesterday, with the Dow Jones index of leading industrial shares up 3.22 points at 3,340.80 in the first five minutes of trading.
      30 words
    • Article
      Footsie lower
      34 1 LONDON share prices were down at midday yesterday. At 1130 GMT, the FTSE index of 100 leading shares had recovered from an earlier fall to stand at 2,306 points, 19.7 points down.
      34 words
    • Article
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 674.71 -11.70 Kuala Lumpur ....597.80 +2.64 Tokyo 14,822.56 -243.78 Hongkong 5,886.75 +18.81 Sydney 1,587.6 -4.7 Monday Change New York 3,350.28 +18.1 London 2,325.7 -24.4
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.6090 100 Yen SS 1.2575 MS SS 0.6435 Money market rates Overnight 1/4 -2-3/8 3-month 2-5/16% -1/16
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    • Article
      COMMODITIES
      38 1 London Gold AM fix USS348.50 -US$2.25 Rubber S pore Oct.... 14l.00«/kg +0.25 M'sia Sep 219.50*/kg unch KL Tin Turnover 36 tonnes +10 Spot MS 16.49/kg -0.25 Crude palm oil Turnover 965 lots -316 Aug MS852 /tonne +6
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  • Article, Illustration
    Lock icon Govt indecision sends Nikkei below 15,000
    340 1  -  By S N Vasuki SINGAPORE Tokyo's Nikkei Average yesterday plunged decisively below the 15,000 level for the first time in six years as harried investors ran out of patience over the Japanese government's recent efforts to revive the ailing stock market. The benchmark average
    Chart by TeleTrac  -  340 words
  • Article, Illustration
    STII plunges as investors dump blue chips
    376 1  -  Index sheds 31 points to close at four-month low By S N Vasuki SINGAPORE Foreign and local investors dumped bank and other blue-chip shares yesterday and the Straits Times Industrials Index settled below the 1,400 level in thin trading. The losses were steep:
    376 words
  • Article
    Keppel profit surprises market
    99 1 SINGAPORE Keppel Corporation Ltd surprised the market yesterday with a near 20 per cent rise in group earnings to $79.37 million for the first six months of this year. Rumour had been rife that the Keppel Group flagship would be hard hit by the lacklustre performance
    99 words
  • Article
    Who guards the guardians?
    41 1 DIRECTORS are trustees of a company's property and the guardians of its commercial interests. But after major corporate frauds overseas, people are asking: Who will guard the guardians? Walter Woon looks at the issue on Page IS.
    41 words
  • Article
    S'pore investment in US PC maker suffers setback
    344 1 EDB, STY shares in fledgling Momenta at stake SINGAPORE Singapore's investment in an American high-technology company, Momenta International, a maker of pen-based computers, is at risk. A New York Times report on Monday said Momenta faces possible bankruptcy and its management is
    344 words
  • Article
    Manila's business community welcomes lifting of forex curbs
    259 1  -  From Al Labita in MANILA MANILA'S business community hailed the government's decision to lift curbs on foreign exchange transactions, saying the move sends a clear signal to foreign investors here and abroad that the Ramos administration would intervene less in business. Investment
    259 words
  • Article, Illustration
    Shenzhen bourse closed
    92 1 SHENZHEN The Shenzhen stock exchange was closed yesterday afternoon after riots which struck at the heart of China's economic reform drive. The situation was deemed serious enough to warrant the Chinese Cabinet holding an emergency meeting. Desperate to restore order after a night of protests, local authorities
    92 words
  • Article
    Govt notes call by private sector to fine-tune policies
    278 1  -  By Schutz Lee SINGAPORE The government has noted the call from the private sector for certain policies to be finetuned now that the economy is moving into a slowergrowth phase, said Senior Minister of State for Trade and Industry Lim Boon
    278 words
  • Article
    BG Lee sees 0-2pc growth in manufacturing
    117 1 SINGAPORE Growth in the manufacturing scctor will be somewhere between zero and 2 per ccnt this year, Deputy Prime Minister Lee Hsicn Loong said yesterday. Workers should therefore be realistic and not expect the sort of wage increases, overtime or bonuses they received
    117 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      567 1 CK t _L_l_ J ('i'-cwe 4 x 9»«« «ir."o *M (V Official Typewriter Sponsor of the 1992 Olympic Gamas Approval for listing SHIPYARD Hitachi Zoscn Singapore has received inprinciple approval from the Stock Exchange of Singapore for a listing Page 4 Goldtron does better SESDAQ-L1STED Goldtron Ltd has reported improved
      567 words
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      Page 1 Advertisements Column 2
      12 1 Hock Lock Siew: Keppel needs Tat Lee more than DBS, Fg 4
      12 words
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      Page 1 Advertisements Column 3
      55 1 Tokyo spending fails to help construction stocks Pg 11 Full report, Pg 4 iMONTICELLOI the only alphabet that spells out the Best in CLASS and COMFORT.... R Watches R R -Cars ROLF BENZ CREATION Always A Prestige To Own Hi 11 Exclusively at 1 Scotts Road #02-17 Shaw Centre, Tel:
      55 words
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      Page 1 Advertisements Column 4
      21 1 We're in the business to equip you with the best golf equipment. Full reports Pg 3; prices and indices Pg 25
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  • PAGE 2 NEWS
    • Article
      Computer firm to move out all its production facilities
      514 2  -  KT Technology's local plant to do only pilot production, procurement, R&D By Claire Leow SINGAPORE Local computer firm KT Technology is setting up a second overseas plant this time in Darwin, Australia just a month after announcing plans to expand to
      514 words
    • SINGAPORE ROUNDUP
      • Article
        Computer vendors join forces to promote Unix
        71 2 SEVERAL large computer vendors such as Data General, Fujitsu, ICL, NCR, Sun Microsystems and Unisys have teamed up to form a Unix International Singapore marketing group to promote the Unix operating system. Its target audience will be users from the business and government
        71 words
      • Article
        Caltex lowers diesel pump price
        35 2 CALTEX has lowered its pump price for diesel by 1.6 cents. From today, diesel will cost 48.9 cents a litre while the prices of its other petrol products remain unchanged.
        35 words
      • Article
        Hainan charity golf tournament
        62 2 THE Singapore Hainan Society, formerly known as Singapore Kheng Chew Junior Association, is organising a charity golf tournament to raise money for its education and activity fund. The organisers hope to attract 150 people for the tournament, to be held on Aug 28. Communications Minister Mah
        62 words
    • Article
      Lock icon Foreigners allowed 100pc equity in Sri Lankan firms
      176 2 AFP COLOMBO The Sri Lankan government yesterday announced long awaited legislation allowing foreign companies to have 100 per cent equity in local companies, officials here said. A Central Bank statement said that country funds, approved regional funds, companies incorporated abroad, foreign nationals
      AFP  -  176 words
    • Article
      Lock icon Inro to make fresh cash call of M$150m
      293 2 AFP KUALA LUMPUR The International Natural Rubber Organisation (Inro) yesterday announced that it would be making a fresh call for Mslso million (5596.5 million) from member countries to allow it to boost ailing prices. "We decided on Monday to make a fresh
      AFP  -  293 words
    • Article, Illustration
      Civil service must be more politically sensitive: Ong
      419 2  -  By Anna Teo SINGAPORE Civil servants, especially the younger set who may not be as politically astute as their seniors, need to show greater political sensitivity in implementing government policies, Deputy Prime Minister Ong Teng Cheong said recently at a People's Action
      419 words
    • Article, Illustration
      Lock icon Most 1990 law, pharmacy grads employed in one month: survey
      247 2 SINGAPORE The 1990 class of law and pharmacy graduates came onto a fairly good job market last year most found jobs within a month of completing their pupillage, and at satisfactory starting pay levels. The 1990 graduate employment survey of
      Source: NUS survey  -  247 words
    • Article
      Lock icon US seeks inquiry into steel dumping
      339 2 Reuter WASHINGTON The US International Trade Commission (ITC) on Monday said it has found evidence that the American steel industry is being harmed by foreign imports and proposed an investigation that could lead to tariffs. The ITC finding, if upheld in a full-scale investigation,
      Reuter  -  339 words
    • Article, Illustration
      Lock icon Chinese leaders meet following riots and suspension of trading
      383 3 Share scramble in Shenzhen Reuter BEIJING Chinese Cabinet members held an emergency meeting yesterday following the suspension of trading on the turbulent Shenzhen Stock Exchange after crowds desperate to buy shares rioted in the southern Chinese boom town. A source said
      Reuter; (photo by SCMP)  -  383 words
    • Article
      Lock icon Bungled sale will have few long-term effects on B share market: analysts
      370 3 Reuter HONGKONG Foreign investors will take a long, hard look at China's stock markets after anti-corruption riots in the southern city of Shenzhen, but Beijing looks set to press on with its experiment in capitalism, analysts said yesterday.
      Reuter  -  370 words
    • Article
      Suharto puts off tough traffic law by one year
      471 3  -  Move reflects pragmatism of Jakarta leadership From Maggie Ford in JAKARTA PRESIDENT Suharto yesterday issued a decree postponing the implementation of a tough traffic law that had been the target of widespread protests. The move reflects not only a victory for
      471 words
    • Article
      Lock icon Taipei bank will still lend to firms with China ties
      236 3 AFP TAIPEI The state-run Bank of Taiwan (BOT) will not squeeze credits to local companies investing in China despite a "personal announcement" of such a move by the bank's president, BOT chairman Y D Sheu said yesterday. "We will not
      AFP  -  236 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      167 2 Are trade credit risks stretching yau to the limit? y\ Venturing into new and untried overseas markets can expose you to all kinds of risks and uncertainties. Whether from the credit worthiness of the buyer, or from changing political or economic conditions. Or simply from the lack of a track
      167 words
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      Page 2 Advertisements Column 2
      24 2 \*j/ Please call Tel: *****95 or Fax: *****41 to confirm your order Now! l//»TrJ7n IBICOSINGAPORE PTE. LTD. 47 Ayer Rajah Crescent #05-08/17, Singapore 0513
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      Page 3 Advertisements Column 1
      293 3 The Bottom Line, Back Pg All your company's travel needs in one card. The Singapore Commuter Corporate Travel Card. The Singapore Commuter Corporate Travel Card is also offers you a 30-day credit facility. This will help a credit card designed to give your company and you ease your cash flow
      293 words
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      Page 3 Advertisements Column 2
      173 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. LJEt The ultra-slim watch Expressing the essential. The first masterpiece in the art of watchmaking is portrayed by ideal perfection in the mechanical watch. The discreetness of the dial and the simplicity of its lines
      173 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Resorts World's American Depository Receipts
        76 4 KUALA LUMPUR Malaysian casino operator Resorts World Bhd, a subsidiary of Genting Bhd, has announced that investors in the United States can now buy and sell American Depository Receipts (ADRs) issued on Resorts shares by Citibank NA. "The price of the ADR will be parallel
        76 words
      • Article
        ASM subsidiary buys land
        50 4 KUALA LUMPUR Amalgamated Steel Mills Bhd said yesterday its wholly-owned subsidiary Parkson Corporation Sdn Bhd had entered into a sale-and-purchase agreement to acquire 10.4 ha of industrial land for M 521.35 million (S$ 13.74 million) cash. Parkson plans to build a central warehouse on the property.
        50 words
      • Article
        Offer for rest of Taiping Con
        39 4 KUALA LUMPUR Suleiman bin Abdul Manan, owner of 62.2 per cent of Taiping Consolidated Bhd, has made an unconditional takeover offer of $4.70 a share cash for the rest of the company's equity.
        39 words
      • Article
        Approval for Leisure Management
        60 4 KUALA LUMPUR Leisure Management Bhd said yesterday the Foreign Investment Committee had approved the company's voluntary takeover offers for all shares it does not already own in its seven gaming subsidiaries. It added that the panel had agreed to extend the time period for the despatch
        60 words
      • Article
        Call to back Uniphoenix proposals
        57 4 KUALA LUMPUR The chairman of Uniphoenrx Corporation Bhd, Jamil Mohamad Jan, yesterday advised shareholders to support the company's proposed cash call and acquisition of Halim Securities Sdn Bhd. Directors felt the terms were fair and reasonable and advised that shareholders accept them at an extraordinary
        57 words
      • Article
        Arensi, French in joint-venture
        60 4 KUALA LUMPUR Arensi Holdings (Malaysia) Bhd plans a joint-venture company to manufacture water meters in Malaysia. Executive chairman Chik bin Raja Ishak said the firm would be known as Malay Sappel Sdn Bhd. Arensi and Sateras Resources (Malaysia) Bhd would each hold 40 per cent, while
        60 words
    • Article
      Keppel springs surprise with 20pc jump in profit
      467 4  -  Group's interim results may help lift battered marine-based stocks By Dexter Lee SINGAPORE Keppel Corporation Ltd has confounded the sceptics with its report yesterday of a near 20 per cent rise in interim group earnings to $79.37 million. Keppel, with other ma-rine-based
      467 words
    • Article
      Inno-Pac to get M$43.7m for sale of KFC (M) stake
      226 4 SINGAPORE Inno-Pacif-ic Holdings Ltd has accepted an offer for its entire interest in KFC Holdings (M) Bhd for M 543.70 million (5528.18 million), confirming an earlier Business Times story. Inno-Pacific said the proposed sale of its interest, comprising 12.85 million
      226 words
    • Article
      Revamped Goldtron posts 69pc rise in interim earnings
      307 4  -  By William Chia SINGAPORE Sesdaqlisted Goldtron Ltd, which was transformed from a feedmill manufacturer into a diversified electronics group earlier this year, reported improved interim results yesterday. Group earnings rose 69 per cent to $7.58 million for the six months ended June
      307 words
    • Article
      Hitachi Zosen gets listing approval, Bata Shoe may follow suit
      366 4  -  By Joseph Rajendran SINGAPORE Shipyard Hitachi Zosen Singapore has received in-principle approval from the Stock Exchange of Singapore (SES) for a listing on the main board, Communications Minister Mah Bow Tan announced yesterday. BT understands that another main board aspirant,
      366 words
    • Article
      Lock icon KL may sell shares of government firms by tender
      190 4 Bernama KUALA LUMPUR The Finance Ministry may adopt the system of selling shares by tender for major companies like Pos Malaysia, privatised ports or any government-owned company deemed suitable. Finance Minister Anwar Ibrahim said yesterday the government was contemplating the step
      Bernama  -  190 words
    • Article
      Keppel needs Tat Lee more than DBS
      969 4  -  THE HOCK LOCK SIEW COLUMN Keppel Bank, Tat Lee, OUB should combine to form 4th banking giant By Alvin Tay SINGAPORE DBS Bank has been a persistent buyer of Tat Lee Bank shares in the past month. Just a few thousand shares here
      969 words
    • Article
      NZ brewer to act against alleged insider traders
      474 5  -  Four Wilson Neill shareholders taking own action By Genevieve Cua 'SINGAPORE Beleaguered New Zealand brewer •■•Wilson Neill Ltd, in which -Magnum Corporation has a 49.6 per cent stake, said yesterday it would file proceedings against alleged insider traders. The poor market performance
      474 words
    • Article
      Lock icon Aussie government to press on with Qantas sale
      315 5 Reuter CANBERRA Australia's Labour government will include the Asl billion-plus (SSL 17 million) merger and sale of Qantas Airways Ltd and Australian Airlines in its Aug 18 Budget despite the refusal of left-wingers to endorse the revenue raising move. "I believe it
      Reuter  -  315 words
    • Article
      Burwill Holdings buys third Sydney property for A$6.9m
      279 5  -  By Kooi Cho Teng SINGAPORE Listed Hongkong metals trader Burwill Holdings Ltd has just .bought a third Sydney prop- erty for A 56.9 million (SsB.l ./..million), after failing to acquire a controlling interest in Australian-listed Capcount Property Trust. t- < The property
      279 words
    • COMPANY BRIEFS
      • Article
        Mitsui Mining to raise stake in Indon firm
        86 5 TOKYO Japan's biggest coal mining company, Mitsui Mining Co Ltd, plans to acquire a 20 per cent stake in PT Utah Indonesia, a subsidiary of Australia's BHP Minerals group, a company spokesman said yesterday. Utah Indonesia holds the development rights to a
        86 words
      • Article
        Indon refinery's temporary closure
        52 5 SINGAPORE A 200,000 barrel-per-day crude oil distillation unit at Indonesia's Cilicap refinery in central Java will be shut down for routine maintenance in September, sources said. The unit runs sweet, domestic Indonesia grades like Arjuna and Attaka. The sources estimate the shutdown will last for about
        52 words
      • Article
        Caltex Australia plans layoffs
        76 5 SYDNEY Petrol refiner and retailer Caltex Australia Ltd said it will lay off 200 permanent staff and 100 contractors over the next 16 months as part of a reorganisation of its corporate and marketing units. Caltex, 75 per cent owned by Caltex Petroleum Corp, also announced
        76 words
      • Article
        Arnotts' biscuit sales drop
        85 5 SYDNEY Arnotts Ltd said its biscuit sales for the year to June 30 were down by about 0.6 per cent on the previous year but the company said it still expects net profit for the year to match that of two years ago. "It is expected...that
        85 words
      • Article
        Chugai, Upjohn dissolve venture
        62 5 i r 'TOKYO Chugai Pharmaceutical Co Ltd and US Upjohn Co have dissolved their US joint venture because Chugai has lost US marketing rights for the drugs the joint venture „"was supposed to sell, a Chugai spokesman said. The costs to the Japanese drug manufacturer of
        62 words
    • Article
      Lock icon NTT final flotation faces indefinite delay
      213 5 Reuter TOKYO The final flotation of shares in Nippon Telegraph and Telephone (NTT), Japan's most widely held issue, looks set for an indefinite delay as the share price plumbs new lows. The anaemic state of the Tokyo stock market has effectively put paid to
      Reuter  -  213 words
    • Article
      Lock icon Bad start for Taipei's global issue
      727 6 First Global Depositary Receipts trading at discount to local tranche IHT TAIPEI Taiwan has plans to raise as much as US$4O billion over the course of the decade from the privatisation of state-owned companies, but its maiden effort at tapping the international equity market
      IHT  -  727 words
    • Article, Illustration
      Lock icon British Airways profit up 9-fold in first quarter
      222 6 AP LONDON British Airways pic yesterday announced that its first-quarter pre-tax profits rose 911 per cent from the same period last year. The first financial quarter, ended June 30, showed a profit of £91 million (SS2B2 million) compared with £9 million in
      AP  -  222 words
    • Article
      Lock icon O&Y's US unit pushed closer to bankruptcy filing
      212 6 Reuter NEW YORK The main US subsidiary of troubled property developer Olympia and York Developments Ltd is being pressured by some of its biggest lenders and could be edging closer to a bankruptcy filing, analysts said on Monday. A spokesman for Olympia
      Reuter  -  212 words
    • Article
      Lock icon Three US retailers report profit rise, modest sales growth
      256 6 FT NEW YORK A clutch of leading US retailers reported higher earnings on Monday for the three months to endJuly, but sales growth remained modest. Woolworth, which takes in both the general merchandise stores and a number of specialty chains, said
      FT  -  256 words
    • COMPANY BRIEFS
      • Article
        Procter & Gamble net up 12pc
        78 6 Procter Gamble net up 12pc NEW YORK Procter Gamble Co reported on Monday that its fiscal fourth-quarter net income increased 12 per centr saying that a gain from the sale of its Italian coffee business was offset by heavy spending for new products in Europe. Foe the quarter ended June
        78 words
      • Article
        Bookstore chain to sell shares
        58 6 WASHINGTON Barnes Noble Inc, the second largest operator of mall bookstores in the US, is looking to the--capital markets to raise about US$lO2 million (Ssl64 mil- lion) in a public stock sale. The New York City company filed with the US Securities and Exchange Commission
        58 words
      • Article
        TI seeking cross-licensing deal
        38 6 TOKYO Texas Instruments Inc (TI), aiming to extend its royalty base beyond electronics groups, is negotiating a crosslicence agreement with a chip subsidiary of Asahi Chemical Industry Co Ltd, a TI spokesman said yesterday.
        38 words
      • Article
        Boiler joint venture in China
        62 6 TOKYO Japanese industrial machinery maker Ebara Corp and trading firm Mitsui Co Ltd have set up a joint venture in China to manufacture and sell low-pollution boilers, an Ebara spokesman said yesterday. Ebara Qingdao Co Ltd, based in Qingdao in east China, is capitalised at
        62 words
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      150 4 ■■■mam Late buying on KLSE 23 Thai stocks end mixed 25 Aussie stocks weaken 27 I FRIDAY'S I IS COMING TO SINGAPORE (Friday's is The American Bistro, America's premier casual theme restaurant that has set the standard by offering menu variety, food quality, atmosphere and service. I We have 285
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      175 5 mm* mmmmmmmmmmm S I LYE R, AS ENGINEERED BY PARKER. STERLING SILVER EORMS THE METICULOUSLY BALANCED CAPS AND BARRELS OF OUR NEW PARKER INSIGNIA BALLPENS AND PENCILS. ENGRAVED. HORIZONTALLY AND. OF COURSE. VERTICALLY. IN THE ORIGINAL PATTERN OF A I7TH CENTURY ENGLISH SNUFF BOX. AND TRIMMED WITH A LUSTROUS I4K
      175 words
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  • Page 6 Advertisements
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      116 6 Across Asia UPS planes do something very important every day. They take off on schedule. Worldwide Expedited Package Service from UPS ensures the packages it carries will arrive in the As conventional shipments are being consolidated on the ground, your UPS shipments are already in the air. USA or Europe,
      116 words
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      329 7 W M I J order. il 111 I I I 111 I I I H 111 I sq.ft. of new office be yielding a total of 3.1 million sq. ft, would But, the (JOB Plaza is no ordinary building. As the Corporate Headquarters of Singapore's leading banking group, it will
      329 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Morgan Grenfell plans Latin American fund
        98 8 NEW YORK Morgan Grenfell plans to set up a US$5O million (5580.45 million) fund to invest in the restructured bank debt of Argentina and Brazil, said an official at the firm. Since early April, both Argentina and Brazil have signed debt reduction agreements with
        98 words
      • Article
        Citibank to sell credit card issues
        85 8 NEW YORK Citibank is selling credit card backed securities as part of a transaction that includes asset-backed commercial paper and the private placement of preferred stock to finance credit card operations. An issue of U*****.8 million (Ss2l7 million) of subordinated certificates will be sold
        85 words
      • Article
        General Accident doing better
        70 8 LONDON British insurer General Accident Pic said yesterday a £9.5 million (5529.45 million) pre-tax profit in the second quarter was a step towards returning to acceptable levels of profitability. The company still recorded an overall first half pre-tax loss of £21.2 million, but this compared with
        70 words
      • Article
        UAP's first-half results
        63 8 PARIS French state-owned insurer Union des Assurances de Paris said first-half estimated consolidated premium income totalled 65 billion French francs (5521.09 billion), compared with 54 billion francs in "the year-ago period. The company attributed the rise primarily to the first-time consolidation of Sun Life of the United
        63 words
    • Article
      Thai banks' net profit surges by combined 70pc
      612 8 Bulk of income derived from margin between interest and expenses BANGKOK Amid an economic slowdown, Thailand's 15 local commercial banks registered a combined 70 per cent jump in net profit in the first half from a year earlier. The rise was impressive
      612 words
    • Article
      Indonesia's Merpati seeking; US$103m loan
      330 8  -  By Dawn Tan SINGAPORE Indonesian domestic carrier PT Merpati Nusantara is seeking US$lO3 million (SS 165.7 million) in offshore funds less than a week after signing a US$26 million facility. Its moves attest to the boom in that country's transport industry. In its latest foray
      330 words
    • Article
      BNI launches US$150m offshore fund-raising exercise
      344 8  -  By Kooi Cho Teng SINGAPORE Bank Negara Indonesia 1946 (BNI), the country's largest state commercial bank, is tapping the offshore capital maricets for US$l5O million (*****.5 million), said a spokesman from San Paolo Bank, one of the banks which is arranging the loan. The
      344 words
    • Article, Illustration
      Lock icon Do-nothing strategy yields US$575 profit
      620 8  -  THE By Quak Hiang Whai The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index futures. PATIENCE has
      Chart by Knight-Ridder  -  620 words
    • Article
      Lock icon UK banking customers taking legal action over ATMs
      276 8 FT LONDON UK banks anfi; building societies face the; prospect of a High Court action this week which will tijf! to prove legally for the first] time that hole-in-the-wallj cash dispensers are fallible. IK However, Denis Whalley;\ a solicitor who is preparing,
      FT  -  276 words
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      456 8 GOLDTRON LIMITED ANNOUNCEMENT OF UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE, 1992 GROUP COMPANY 30/6/92 30/6/91 30/6/92 30/6/91 ♦<-) Sl'ooo Sl'ooo SS'OOO SS'OOO Turnover 105,013 142,131 (26) 1,150 296 28J Operating profit/(loss) 9,388 4,746 98 524 (605) Dividends from subsidiary and associated companies, gross 1,512 Other investment income
      456 words
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      361 9 Only Mazda's Four Wheel Steering Can Make A Car As Graceful As This, wT *.^ii As Graceful As This. The Mazda 929's four-wheel steering is absolutely BlMlMWPB——unusual added touch; the mirror surface is electrically the most advanced system available. f heated, so /Art/ if it fogs up on a humid
      361 words
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  • THE REGION
    • NOTE BOOK
      • Article
        KL and Hanoi sign accord to boost trade
        93 10 KUALA LUMPUR Malaysia and Vietnam have signed an agreement to boost bilateral trade and accord special rates on customs duties and charges on imports and exports between them. Malaysia's International Trade and Industry Minister Rafidah Aziz and Vietnam's Trade and Tourism Minister
        93 words
      • Article
        KL to close Belgrade embassy
        52 10 KUALA LUMPUR Predominantly Muslim Malaysia said yesterday that it would close its diplomatic mission in Yugoslavia, accusing it of supporting alleged Serbian atrocities in Bosnia-Herzegovina. Foreign Minister Abdullah Badawi said the Cabinet would meet today to decide whether it should sever altogether its diplomatic ties
        52 words
      • Article
        HK's earnings from indirect trade
        68 10 HONGKONG Booming indirect trade between China and Taiwan earned Hongkong US$6 billion (559.6 billion) in 1991. The Hongkong Trade Development Council said yesterday that indirect trade across the Taiwan Strait grew at an annual rate of 51 per cent between 1978 and 1990, allowing Hongkong
        68 words
      • Article
        Manila aid projects held up
        77 10 MANILA A shortage of government funds to match foreign aid has put a brake on assistance projects in the Philippines. The chief coordinator for a multi-billion-dollar aid programme said yesterday that major donors, led by Japan and the US, have pledged about US$6 billion to
        77 words
    • Article
      Lock icon Non-aligned group warns West not to interfere
      438 10 Reuter JAKARTA The NonAligned Movement, in a joint statement prepared by Indonesia for next month's summit, has warned the West against using human rights and environmental concerns to interfere in the affairs of developing countries. NAM also urged financial institutions, creditor nations and
      Reuter  -  438 words
    • Article
      Lock icon Malaysian manufacturers enjoy 10pc higher sales
      188 10 Reuter KUALA LUMPUR leading manufacturing industries recorded a 10.4 per cent rise in sales for the first five months of the year to M 534.12 billion (5521.83 billion) from M 530.9 billion in the same 1991 period, the Statistics Department said yesterday. The survey
      Reuter  -  188 words
    • Article
      Bangkok wants car parts out of Asean preferential tariffs
      374 10 BANGKOK Thailand wants auto parts and related industries listed as one of the 224 items excluded from Asean's Common Effective Preferential Tariffs (Cept), on the grounds that the industries are not ready for the Asean Free Trade Area (Afta), according to
      374 words
    • Article, Illustration
      Lock icon Jakarta lifts ban on AWSJ after apology
      275 10 AFP JAKARTA Jakarta yesterday lifted a four-day ban on the distribution of the Asian Wall Street Journal (A WSJ) after it had carried a public apology for an advertisement considered insulting to President Suharto. But Information Minister Harmoko said the ban was not
      AFP  -  275 words
    • Article
      Lock icon Australian growth marred by firms' reluctance to invest
      416 10 Reuter SYDNEY Australia's re-cession-scarred economy is plodding towards recovery but growth is marred by the corporate world's reluctance to invest, private economists said yesterday. National accounts data due for release tomorrow is expected to show gross domestic product (GDP) grew by at
      Reuter  -  416 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      179 10 Hl |l *s mhh Mi v fl 7 m?m I y F ;|B 1^ wiftflii. i^^wimlMMlksmßl We Probably Know More About Aircraft Than Any Other Airline. (We Also Build Them, You See.) Time was when our technical abilities extended merely to the maintenance of aircralt. Till one day, when the
      179 words
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  • THE WORLD
    • Article
      Lock icon Tokyo spending fails to prop up construction stocks
      506 11 Ex-market darlings now tumbling faster than Nikkei index NYT TOKYO With just about everything else failing, the Japanese government is now pinning its hopes on the construction industry to winch the ailing economy and stock market out of their deepening ruts. The
      NYT  -  506 words
    • Article
      Lock icon Pakistan signs US$1.7b power station deal with Western consortium
      337 11 FT LONDON The Pakistan government and power authorities have signed a US$l.7 billion (552.7 billion) contract with a Western consortium clearing the way for building a 1,292mw oil-fired power station at Hub Chowki, 50km west of Karachi. The project is the
      FT  -  337 words
    • Article
      Lock icon Japan turning to Russia for space know-how
      438 11 AP TOKYO In the past, when Japan needed know-how for its budding space programme it instinctively turned to the US. Lured by the promise of bar-gain-basement deals, it is now casting a furtive glance at the other space superpower Russia. Japanese officials recently
      AP  -  438 words
    • Article
      Lock icon No rich pickings in Bonn privatisation plan
      389 11 Sales of major assets could take years as constitutional changes needed FT BONN The windowdressing put up for the recent re-opening of Germany's privatisation programme was certainly eye-catching. But for all the promotional buildup, the government had precious little to offer for immediate
      FT  -  389 words
    • WORLD WATCH
      • Article
        Drop in key US semiconductor ratio
        59 11 SAN JOSE, California A decline in orders for semiconductors in the US market pushed down the industry's key "book-to-bill" ratio, or orders-to-shipments, to 1.09 in July from 1.14 in June. But the Semiconductor Industry Association also noted that figures for July reflected four weeks
        59 words
      • Article
        Machinery orders in Japan fall
        58 11 TOKYO Japan's private-sector machinery orders in June fell 3.2 per cent from the previous month to 928.8 billion yen (Ssl 1.7 billion), the Economic Planning Agency said yesterday. The orders, excluding those from electric utilities and ships which tend to fluctuate widely, plunged 19.2 per
        58 words
      • Article, Illustration
        Albanians protest against Panic
        38 11 TIRANA Some 200 Albanians from Kosovo demonstrated against visiting Yugoslav Prime Minister Milan Panic on Monday. They carried signs reading "Go away, killer from Kosovo and Bosnia" and "Long live the republic of Kosovo".
        38 words
      • Article
        Seoul's narrowing trade gap
        66 11 SEOUL South Korea's customs-cleared trade deficit is expected to narrow to US$6.7 billion (SSIO.B billion) this year from US$9.7 billion last year, the Korea Trade Promotion Corp reported. Exports are likely to soar 9.8 per cent to US$7B.9 billion in 1992 from US$7l.9 billion in 1991.
        66 words
      • Article
        Moscow-India talks inconclusive
        74 11 NEW DELHI The latest round of talks between India and Russia on the possible supply of crude oil and petroleum products was inconclusive and the Russian team left Delhi without finalising any deal. The Economic Times yesterday quoted official sources as saying the departure of the Russian
        74 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      36 11 YOUR DAILY GUIDE (?la44^ie<C The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. 737-1166 l«r
      36 words
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      Page 11 Advertisements Column 2
      179 11 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. the (ERgmt C. y SINGAPORE Call 733 8888 for reservations. 1 Gacaden Road (off Orchard Road) G/mpltmentary valet parking Sinppore 1024 3 Investments withfeelh! WESTCENTRE (gifc 3-13 LEURA AVENUE 11 260
      179 words
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  • Article
    Let Thai votes speak
    473 12 EDITORIAL THAI caretaker prime minister Anand Panyarachun's moves to curb the military's role in business and politics has been nothing short of breath-taking. In a series of bold and precise moves, he has reshuffled the top military brass, removing Supreme Commander Air Chief Marshal Kaset Rojananil
    473 words
  • WHAT THE OTHERS SAY
    • Article
      Better poor than lawless
      271 12 IN THE SEARCH for a scapegoat for the present stock market malaise critics have increasingly cast glances in the direction of the regulatory authorities. They ask whether standards set here are so stringent that, instead of protecting investors, they are hurting and stunting the market. These
      271 words
    • Article
      For the sake of the young
      97 12 WHILE many may argue, including external observers, that legislation banning those under 18 from smoking in public areas and prohibiting the sale of tobacco to them is encroaching into the province of individual rights, the basic question remains who should protect our precious young?
      97 words
    • Article
      Asean at its best
      128 12 ALL six Asean countries are either thriving under the best conditions or gradually moving towards that stage of development. Disregarding Singapore, countries such as Indonesia, Malaysia and Thailand have their own strengths in economic and social construction and are regarded internationally as up-and-coming countries. What is
      128 words
  • REGIONAL VIEWPOINTS
    • Article
      Shenzhen investors at risk
      120 12 POSSIBLY alarmed at the prospect of native investors being burned, Beijing yesterday rightly expressed concern about its fledgling stock markets and warned investors about the risks of playing the markets. However, Beijing cannot have it both ways. By allowing more firms to issue shares and to
      120 words
    • Article
      Corrupt local police
      160 12 THE chiefs of five police stations in Bangkok were transferred to inactive posts in the Metropolitan Police Bureau this month as punishment for their failure to close down illegal gambling dens in their areas. Their abrupt transfers came after special anticrime units from the Central Investigation Bureau
      160 words
    • Article
      Examine the railway plan
      230 12 IN ITS headlong rush towards a Newly Industrialised Culture, Thailand continually looks to the West for the inspiration and expertise to achieve this goal. If they chose to, our city planners could look into some of the cities in Europe and North America which have decided
      230 words
  • Article, Illustration
    Lock icon Redesigning the communist road
    969 12  -  The emulation of Singapore reflects a growing consensus among China's leaders that prosperity and order are more important than Marxist ideology. Nicholas Kristof reports Nicholas Kristof NYT IN THE 1950s Chairman Mao declared: "The Soviet Union's today is China's tomorrow." Now it would be a counter-revolutionary
    NYT  -  969 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      217 12 ideas that create new trends rather than just LpHpeapl xx i 111 111//;//. keeping pace with \v the competitors. After that's Jr At Creative Software, we have a Jp A what separates passion for creativity. This is clearly 1 CT innovators from evident in the wide range of software f
      217 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      Averting replay of Vietnam tragedy in Balkans
      1031 13  -  Should the United Nations send troops to sort out the tragedy of the Balkans? Neville Stack argues reluctantly against armed intervention Neville Stack The writer is a London-based journalist who contributes to BT THE HORRORS of the Balkan conflict have sent shock waves
      1,031 words
    • Article, Illustration
      Time to go forward in US-Philippine ties
      677 13  -  0 Salil Tripathi talks to US Ambassador Elliot Richardson about America's relations with the Philippines and Japan, and Watergate Salil Tripathi THERE IS good news yet for the Philippines: Elliot Richardson is not joining the Jeremiahs and Cassandras who are writing the archipelago
      677 words
    • Article
      A lesson in transparency and accountability
      688 13 NINETEEN years ago one autumn night in Washington, Elliot Richardson, the Boston Brahmin who had until then built up a steady, respectable career in law, was grappling with the most serious dilemma in his life. His Harvard education, his year-long stint with that remarkable
      688 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      40 13 OPPORTUNITIES A I I I I in The Straits Times Classified for «l 11 IbII I those with business opportunities II lImII I to offer. To strike a deal, a\ .v call C.A.T.S. at 737-1166 to place your offer. ISffJU
      40 words
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      Page 13 Advertisements Column 2
      86 13 UNDER INSTRUCTIONS FROM THE CITY OF PERTH ]uf 1.82 ha JAMES ST. NORTHBRIDGE MIXED RESIDENTIAL DEVELOPMENT SHE D.A. FOR 19,000 SQM Jk. DEVELOPER WANTED TO CREATE A NEW STANDARD OF LIVING IN THE CITY UNIQUE TO PERTH FOR THE CONSTRUCTION OF: varying sized apartments/townhouses 30 serviced apartments 1081 sqm of
      86 words
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  • FOCUS
    • Article, Illustration
      Lock icon Old rivalry, new scripts
      850 14  -  The end of the Cold War has added an element of unpredictability to the foreign policy debate in this year's US presidential campaign. Jurek Martin reports USjRRESIMNpSL* Jurek Martin FT Foreign policy has a way of inserting itself into presidential elections. The confrontation with Iraq and
      FT  -  850 words
    • Article
      Lock icon Republican platform stands firm on abortion and taxes
      567 14 AP A DRAFT of the 1992 Republican platform reaffirms the party's support for a constitutional amendment to ban abortion and accuses Democrats of rewriting history to erase US achievement under presidents Ronald Reagan and George Bush. It says if the Democrats had
      AP  -  567 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      291 14 To persuade you to computerize your business before September 30th, we decided to abandon the technospeak and use the kind of language everyone understands: If you've been dragging your heels when it So, if you'd prefer to avoid a single financial whether you know a lot or a little about
      291 words
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      Page 14 Advertisements Column 2
      63 14 The Straits Times The Surulux I imes Business 1 imes The New Paper. Berua LianHe ZaoBao s Times LianHe T imes 1 lie ianHe Zaolft The S The ZaoBa The Sir The Nc\l ZaoBao The Sirai The New!; 1 ZaoBao LianHe Wan Bat). Shin VI in F-rida\ Weekly C^SSSE** imes
      63 words
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  • THE LAW PAGE
    • Article, Illustration
      Who will guard the guardians?
      1804 15  -  Is there is such a thing as an adequate system of checks and balances in companies? Walter Woon examines the issue Walter Woon The writer is vice-dean of the Faculty of Law at the National University of Singapore Directors are trustees of a company's property
      1,804 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      251 15 BUSINESS S_ Toll free Tel No 737 0Q43 Fax No; 734 3698 I Offers >reinvftedf<*th«»al« of the I I The Receiver/Manager offers for sale the assets of THE SHIPBREAKING AND STEEL ROLLINGi INOUSmIES I I LTD (In Receivership of Plaine Lauzun, Port Louis, Mauritius on an as is where is
      251 words
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      Page 15 Advertisements Column 2
      226 15 CMbo pubi^t ßY s-o» me BUC TBNDCR fV'e Un ipuely(<^^-nquo% on d and over 60 s or6s ®fe ,ofdeS 9n "'*HWblo U s linking the major J7, leeway M T Mi—***** one* tender details the best. y to buy °"r local officTinT nts ntact Mr Jim W»Hom* 9aPOre *****88 Q&
      226 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Barkley to defend IBF title in Beijing
        70 16 LAS VEGAS Iran Barkley will defend his International Boxing Federation super middleweight title next month in Beijing, China, in the main event of a programme that will include three other world title fights. Bob Arum of Top Rank Inc, which will produce and
        70 words
      • Article
        S'pore skiers for regional meet
        64 16 SINGAPORE The Singapore Water Ski Federation will be sending a team of four skiers to compete in the 1992 AsianAustralasian Region Water Ski championships and the 7th Asian Championships in Japan from Aug 18 to 25. The skiers are Roger Koa, Suter Tan, May Lwin
        64 words
      • Article
        Nicklaus the Company
        59 16 NORTH PALM BEACH, Florida Golfing great Jack Nicklaus on Monday announced the formation of the Nicklaus Golf Equipment Co, which will sell golf equipment and accessories. The company will begin production this autumn. "I want to design original equipment, develop a line and create a unique brand,"
        59 words
      • Article, Illustration
        Let's make a racket
        54 16 LOS ANGELES Tennis stars Martina Navratilova and Jimmy Connors in a mock tug-of-war over a racket at a press conference announcing their Battle of the Champions match on Sep 25. The two will meet in a duel for the pride of the sexes and a US$5OO,OOO
        54 words
      • Article
        Could it be Zmelik after all?
        81 16 STOUGHTON, Mass. Is it Dan? Is it Dave? It was neither. Reebok International, the sportswear company, said it's ending its "Dan and Dave" advertising campaign now that the Olympics are over and the two Americans, expected to win gold and silver, didn't come close.
        81 words
      • Article
        Ready to jump again
        120 16 TALLAHASSEE, Florida Florida lifted a statewide ban on bungee jumping on Monday, provided operators are willing to abide by stiff new safety measures. Bob Crawford, state agriculture commissioner, said the regulations would be the toughest in the world, but inherent dangers of the thrill sport remain.
        120 words
    • Article, Illustration
      Lock icon Atlanta—Games of the future
      729 16 Atlanta —Games of the future NYT ATLANTA The Olympic flag is on its way to Atlanta, but it has dawned on a lot of people here that as an act to follow, Barcelona isn't Biloxi or Chattanooga. Instead of 2,000 years of culture and history, Atlanta offers a city that
      NYT  -  729 words
    • Article
      Lock icon Olympics cash carousel set to spin faster
      715 16 Reuter BARCELONA Money makes the Olympics go round and the cash carousel is likely to spin ever faster as the 21st century approaches. The International Olympic Committee was paid a paltry US$l5O,OOO (*****,000) by the organisers of the 1968 Mexico City Games. Since
      Reuter  -  715 words
    • Article, Illustration
      Lock icon Er, what iz it?
      305 16 AP BARCELONA Whatizit played to mixed reviews in its debut at the Barcelona Games' closing ceremonies. lOC president Juan Antonio Samaranch likes the mascot of the 1996 Atlanta Olympics. A designer for the 1994 Lillehammer Games doesn't. Others still don't know Whattothink about Whatizit, a computer-generated
      AP  -  305 words
    • Article, Illustration
      Lock icon Watson chases elusive PGA
      662 17 AP ST. LOUIS There was a far-away look pensive, almost wistful in Tom Watson's eyes as he endured a mass press conference 14 years ago. It was the expression he usually wore after a loss: slightly puzzled, somewhat bemused, a little disappointed in himself. He'd lost
      AP  -  662 words
    • Article
      Lock icon Fairbank-Nideffer upsets Halard
      379 17 Virginia Slims Tournament AP LOS ANGELES Non-seed Rosalyn Fairbank-NidefTer of South Africa upset eighthseeded Julie Halard of France 6-3, 6-2 on Monday in first-round action of the U*****,000 (*****,000) Virginia Slims of Los Angeles. In night matches, Pam Shriver coasted to a 6-2, 6-1 victory over Marianne
      AP  -  379 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      47 16 i$S& imaSf mU A 5£S W M iif fj| Tj J Y a. A" T' J.. '*K 7 /f you're an expert in your field you'll know that we're the expert in ours. I THE BEST VALUE. ty IS CALL: 468 8622 FOR ENQUIRIES. FAX: 468 1828
      47 words
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      Page 16 Advertisements Column 2
      87 16 I PERN I I ilurnor I I WiHnhll I I wri c i I The office environment says a lot about a company. I I Cater to companies making a statement for I I themselves Advertise in "MODERN OFFICE" I I a special advertising focus in The Straits Times I
      87 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      203 17 BY INrCffM4riOM4l^mf^ "nw most attractive waterfront parcel of land on Lake Wakatinu" located at Queenstown, New Zealand's leading tourist resort" KAWARAU FALLS LODGE. OUEENSTOWN, NEW ZEALAND Acting upon instructions from the Dunedin Methodist Mission this unique property is bein 0 offered for sale with v™nt possesion: Wate fro t Currently
      203 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      249 18 Nothing Beats A Bud. IftHffifll where to wine, dine A Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat 11.30 am to 2.30pm Sun 10.30 am to 2.30pm Kings Havelock Road. Singapore 0316. Tel: 733 0011 A \«\«Sf «Of CM Hums i/uu maTSI m J f<
      249 words
    • Advertisement
      Page 18 Advertisements Column 2
      427 18 X^WIjPU: iR I^Kl oonne&jf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a touch of American, await the family for a peaceful Sunday. For $34.50++ per person
      427 words
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      Page 18 Advertisements Column 3
      298 18 IIU f :*Rm. hHI Felinda is back! Felinda is back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between 6 pm 8.30 pm, Mon Fri. Swimwear Fashion Show on Mon and Wed at 8.30 pm. Happy Hours 5 pm 9 pm
      298 words
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      Page 18 Advertisements Column 4
      335 18 AREA RE A To experience the beauty 3?£f and mystique of Tahiti, I Wfif| come to The 'Belvedere. a delectable spread of Tahitian specialities as u/ell as the sensuous Mtrf K1 Tamure dancers, beckon you. Come to the Tahiti 'Promotion and see the S/Vfi magic of island-living unfold before you.
      335 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      479 18 TELEVBSION AND RADIO t m iim I 'Y f*f~\ 1 O f. l> 9.30 Tropical Heat For a Song. 7.10 CNN. B ol|||^^|| I jj It I 111 I I fl II J I ||r~ Nick tries to save his best 7.35 video Power. %0*- 7.25 PM Opening followed by
      479 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Ageing pains
      759 19  -  Blake Edwards, 70, prefers not to count his milestones or his age, reports Terril Jones Terril Jones AP DI RECTOR Blake Edwards is hitting a lot of milestones he does not like to talk about. He turned 70 on July 26. And he is directing his 50th film
      AP  -  759 words
    • Article
      Hollywood gliterrati facing hard times
      351 19 CHATTERBOX EVEN some of the Hollywood gliterrati face hard times, according to .a US magazine. Superstars like Tom Cruise, Eddie Murphy, Julia Roberts, Mel Gibson, Jack Nicholson and Arnold Schwarzenegger still get their big bucks, but A 1 Pacino took a US$5 million (SsB million)
      351 words
    • Article, Illustration
      The King on her crown
      159 19 ELVIS PRESLEY fan Gayle Bellomy left the dentist's office with The King on her crown. Ms Bellomy, from Dayton, Ohio, said she went in last week to have a permanent crown placed on a tooth, and Dr Daniel Collins handed her a mirror when he
      159 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      243 19 AND ENTERTAIN t- I SINGAPORE TEMPTATIONS Cafe-in-the-Park goes local this month of August with a I Singapore buffet spread that will tempt the most discerning tastebuds. from 1-31 August 1992 7.00 pm to 10.00 pm J' At $22.00++ per person ANA HOTEL For reservations please call SINGAPORE 16 Nasam ml.
      243 words
    • Advertisement
      Page 19 Advertisements Column 2
      117 19 ACROSS SYDNEY METROPOLITAN SHOPPING CENTRE SASTLAKES AUSTRALIA Woolworths Supermarket Franklins Supermarket 3 Banks Australia Post 2 Fruit Bams 2 Butchers Kentucky Fried Chicken 50 Specialty Shops 420 Carspaces Security of Income. gj 7km from Sydney CBD I I NLA -10,178 ml (approx) .W=J Net Income $131 Million pa (approx) jw
      117 words
    • Advertisement
      Page 19 Advertisements Column 3
      275 19 Keppel Corporation Limited (Incorporated in the Republic of Singapore) The Directors are pleased to 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 $'000 $'000 $'000 $'000 Turnover 215,653 201,662 746,589 748,447 Operating profit
      275 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII closes below 1,400 on strong selling
      3512 20  -  By Sylvia Wong AN AVALANCHE of sell orders yesterday pared 31.68 points ofT the benchmark Straits Times Industrial Index, taking it below the 1,400 support level to end at 1,392.91 points. That was its lowest close in four months. Other indices fell in
      3,512 words
    • Article, Illustration
      Lock icon HOT STOCK
      72 20  -  Quak Hiang Whai NEPTUNE Orient Lines had been ranging between $1.50 and $1.70 for more than a year before it broke out of the $1.50 support level. It now appears to be headed for $1.20-1 JO which was the previous congested level. But watch out for a short-term
      SOURCE: BRIDGE INFO  -  72 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      43 20 to Your Portfolio... Mondial. The source for the acquisition of internationally I certified G.1.A., H.R.D. j and 1.G.1, diamonds, emeralds and other gemstones. L I Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 Sl3B
      43 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3186 22 Sungei Way 215 +10 +4.9% Leader U 605 +5 +0.8% D&C Bank 50» 127 +2 +1.6% Malayawata 187 +2 +1.1% Renong Bhd 50* 49 2 4.3% M Mosaics 84Yj +1% +1.8% Tech Resources 53Vi +V» +0.9% Sungci Way 215 +4 9% +10 Renong Bhd 50*
    3,186 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      164 22 B_U SINESS TIMES Toll free Tel No: 737-0043 Fax No: 734 3698 murs IN Find out in Personal Investment and Finance. Every Saturday in Business Times NOTICE NOTICE IS HEREBY GIVEN that, I Ow Tong of Blk 304 #04-1133 Ang Mo Kio Ave 1 S'pore 2056 have applied for a
      164 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close off day's lows as buyers move in
      5357 23 Bernama INVESTORS moved in from the sidelines in late afternoon yesterday to buy stoeks made attractive by recent falls, helping prices to close easier but off their earlier lows. Overall, sentiment was still weighed down by the weak Tokyo market. Investors
      Bernama  -  5,357 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      228 24 Company Oat* Year Group Net Nat earnings Gross Mn to profit/loss (L) per share dividend (000) (cents) M Credit Aug 7 Mar 92 $15,285($14 284 4 8(4 6) 6 25(5) Poiytrt Aug 5 Mar 92 $499L($15) 15TE(3TE) QAF Ltd Aug 5 Mar 92 $6 315(11,080 2 2(0 3)
      228 words
    • Article
      PRELIMINARY RESULTS
      201 24 Company Date Year Group pre-tax Net earnings Gross to profit/lots (L) per share dividend ('000) (cents) Malayawata Aug 4 Mar 92 M$51,473(551,065) 37.8(375) 15TE(7 5TE) Berjaya Grp Jul 31 Apr 92 MJ95.929(J131,180) 23(7) 12(5) Berpva Ind Jul 31 Apr 92 M$100,834($121.792) 4 3(81) 92(6) Berjaye Leisure Jul 31
      201 words
    • Article
      INTERIM RESULTS
      320 24 Company Date Half-year Group pro-lax Interim ann to profit/loss (L) dividend ('000) Sunge. Way Aug 10 Jun 92 M$20,140($11.775) OCBC Aug 7 Jun 92 $136,677c($85.116c) 5(5) Venture Mfg Aug 7 Jun 92 $3,370($2,799) SSE Aug 7 Jun 92 $13,085($14,613) KHJC Aug 6 Jun 92 $7,866($12,331) 7.5(—) OU Securities
      320 words
    • Article
      RESULTS FORECAST
      49 24 CM i*t Fri Y«r Ftrecast •at* to torn* efs mmet Tear EPS Grass praflt b«e bv Cwpa* NH Wf «*C (ets) (SIN) (set) MM F Apr 30 Dec 91 15 8.946 14 0—27 6 2 4—2.6 MW| F Jul 18 Mar 92 2.6 3.0 4,921 2.1-5.3 1.1-2.7
      49 words
    • Article
      OTHER RESULTS DUE
      854 24 Mm B«ari Last Fri Year Cam foM Date Tear EPS Grass M ■■■■II i eafag (cts) prslt fat*» (SS'IM) OB Final Nov 6 Jul 91 3.0TE 17.8781 MvM nwK« Interim Jul 30 Dec 92 6.6 5.0 6.076 M Interim Aug 6 Dec 92 19.0 10.0 37.607 6
      854 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      966 24 Trans Registered Substantial Bay/ No. of Amowit Shareholding Stack Date Holder Shareholder/Director Sell shares Before After DBS Land 05/08/92 Street Names DBS Ban* B 5,000 10.905 286.810.000 44 30 286,815.000 a 30 NatSteel 05/08/92 COPl DBS Securities DBS Bank S 9,000 27.886 *****,698 1865 39,637.698 1864 Keppel
      966 words
    • Article
      DIVIDENDS ANNOUNCED
      508 24 Current Ex looks Date Total lor Total lor payment date (Jom payable the year last year Mn rtdp 50c 61(b) Aug 26 Sep 7 Sep 24 61 6% Amcol 25c 10% Aug 21 Aug 27 Sep 10 10% 10% Aw Pk Id 50c 2%(b) Jul 23 Aug 6
      508 words
    • Article
      CORPORATE DEVELOPMENTS
      900 24 Aug 10 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. Olympia will acquire Lotteries Corp, which will give Mycom control of over 70 per cent of Olympia's equity.
      900 words
    • Article
      APPROVED ISSUES
      158 24 Company Rights Issue Company Bonus Issue Kmc4 Onetorthrm Ei-date Aug 21 Books dose Aug 27 Ha Stn >U> One-tor four Ex-date Aug 17 Books dose Aug 21 Ha Sin Hp Wt Issue of i« to 9.718.750 new warrants 1997 on the basis of one new warrant 1997 tor
      158 words
    • Article
      PROPOSED ISSUES
      575 24 Company Rights Issue T«h One-for-one SI 00 per *nal StHI One tor three MS2 20 per share Issue of *****m S0% Cumulative Redeemable Preference stores of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscription fbghts (TSR) for an aggregate price of Mil per CRPS with
      575 words
    • Article
      COMPANY MEETINGS
      206 24 Golden Hope Bhd: 16th AGM at Pacific Ballroom, Pan Pacific Hotel, Jin Putr»***** Kuala Lumpur, on Wednesday. August 12, at 11.30am Hai Sun Hi|> &oi|> Ltd; 14th AGM EGM at East India Rooms, Raffles Hotel. 1-3 Beach Road, Singapore 0718, on Thursday, August 13, at 11.00am GP Batteries
      206 words
    • Article
      SCRIPLESS CONVERSIONS
      125 24 Coo vers io« Special Trdg Scripless Conversion deadline Period Tradiag Company starts (1DP) (ST) starts AmcoJ Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct
      125 words
    • Article
      RECORD HIGHS & LOWS
      160 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 Mt 1316 68 (21/2/92) 1992 Mch; 1545.92 (27/1/92) 1992 b? 1191.31 (9 4/92 1» 2 tor 1352.83 (9/4/92) 1991 Mi 1333 08 3/6/91 1991 1565 58 1991 tow *****2 (16 1/91 1991 *****8 <16/1/91) 1990 N* 1435 43 (16/7/90) 2?
      160 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 24 In local curr In SS In US$ dy >t dy yr dy S yr Aug 10 Index chge chge chge chge chge chge World 368.0 -0.9 -9.9 -1.2 -10.3 -I.I -9.7 iEAFE 417.0 -1.8 -16.9 -2.0 -16.8 -1.9 -16.3 Europe 391.8 -1.5 -4.7 -1.6 -2.1
      367 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shenzhen A shares fall in half-day trading
      362 25 Reuter SHENZHEN A shares plunged in half-day trading yesterday, while A shares in Shanghai fell in sympathy with the turmoil in the south, Hongkong brokers said. The CLSA Shenzhen A Index ended down 5.85 per cent at 2,623 in half-day trading. The exchange
      Reuter  -  362 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Index closes slightly higher in quiet trading
      908 25 SHARE prices closed mixed yesterday in quiet trade, brokers said. The Jakarta Composite Index rose 0.37 to 314.20 from Monday's 313.83. "The market is still quiet and players are getting selective on some favourite shares," one broker said. Cigarette producer Sampoerna closed 50
      908 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end mixed in moderate trade
      1726 25 Reuter STOCKS closed mixed with the index almost unchanged in moderate trade yesterday as further losses in the Tokyo market gave investors the jitters, brokers said. The SET Index ended 0.61 point lower at 754.84 on moderate turnover of 5.42 billion baht. Rises outnumbered
      Reuter; Source: Bridge Info  -  1,726 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      130 25 Shine I YOUR KEY TO BETTERBUSINESS DECISIONS! Shine Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel One on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia videotext system in the world. For a
      130 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei falls below 15,000 level
      2524 26 Reuter THE 225-share Nikkei Average yesterday fell 243.78 points or 1.62 per cent to 14,822.56, closing below 15,000 for the first time since March 25, 1986. Small-lot selling of incentive-backed issues pressured prices in thin trade, while investors remain inactive, brokers said. The broader first
      Reuter  -  2,524 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares rise moderately in light trading
      2480 26 Reuter SHARES finished with moderate gains as trading remained light yesterday, helped by a return to premium among index futures. The blue-chip Hang Seng Index advanced 18.81 points to close at 5,886.75, while the broader All Ordinaries Index gained 10.60 to 3,164.14. Turnover improved
      Reuter  -  2,480 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares weaken as Aussie dollar and Nikkei fall
      2054 27 Reuter SHARES closed lower yesterday after the local dollar crashed through a key support level and the Nikkei Average ended convincingly below the 15,000 mark. "Tokyo did a bit of a duck-dive and the weaker dollar increased uncertainty," Geoff Wilson of Prudential
      Reuter  -  2,054 words
  • REGIONAL STOCK MARKETS
    • Lack of overseas buyers depresses NZ market
      • Article
        NEW ZEALAND
        258 27 A DEARTH of overseas buyers and the Consequent softness in leading stocks yesterday pushed the New Zealand share market to a lower close for the third day ruining. The NZSE-40 Capital Index closed 8.52 points lower at 1,514.68, its lowest point this month. Brokers said already weak leading
        258 words
      • Article
        MANILA
        542 27 THE threat of another volcanic erup- tion and the resignation of a key aide of President Fidel Ramos weighed heavily on the stock market yesterday, brokers said. Share prices moved in a narrow range and closed mixed, with the Manila Stock Exchange Composite Index closing at 1,445.67 points versus
        542 words
      • Article
        TAIPEI
        483 27 STOCKS wavered narrowly and ended mixed in sluggish trade yesterday as most players stayed sidelined after early technical buying failed to boost sentiment. The Weighted Index closed 6.55 points up at 3,958.28. Turnover fell to a very thin NTS 17.6 billion from NTS 19 billion. Brokers said there was
        483 words
      • Article
        SEOUL
        809 27 SEOUL stocks slid throughout the day, threatening the psychological 500 mark, as the market yesterday reacted to Monday's sharp rally, brokers said. "Profit-taking dragged the market to a lower close," Lee Tae-ho of Tongyang Securities said. Ruling party leader Kim Young-sam and main opposition leader Kim Dae-jung met to
        809 words
      • Article
        BOMBAY
        109 27 PRICES on the Bombay Stock Exchange (BSE) rallied broadly on Monday on widespread short-covering after a sluggish start, brokers said. A BSE order asking brokers to cut outstanding sales positions by 10 per cent in the current two-week account ending on Thursday set the ground for bear covering, they
        109 words
      • Article
        Untitled
        50 27 Clow Prut— H A* U wdm mum SZSE-40 Capital 1,514.68 1,523.20 -4.5} MANILA Composite Index 1,445.67 1,445.65 +0.0* Turnover (mil pem) 205 247.09 -42.09 nura Weighted Price Index 3,95S.2« 3,951.73 +6.55 Turnover (NTS billion) 17.6 19.0 -1.4 SEOUL Composite Stock Index 502.45 507.M -5.43 Turnover (billion won) 102.09 124.74 -22.63
        50 words
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  • WORLD STOCK MARKETS
    • Dow firms up but broad market weakens
      • Article
        Untitled
        236 28 Aug 7 Close Previous NEW YORK Dow Jones 3,350.28 3.332.18 +18.1 S&P500 419.42 418 88 +0.54 Turnover (million) 142.48 190.64 -48.16 LONDON Financial Times 30 1,731.8 1.753.3 -21.5 FTSE 100 2.325.7 2,350.1 -24.4 Turnover (million) 328.9 480.3 -151.4 FRANKFURT DAX Index 1,582.55 1.609.5 -26.95 AMSTERDAM EOE Index 285.19 289.04 -3.85
        236 words
      • Article, Illustration
        NEW YORK
        1190 28 US STOCKS finished narrowly mixed on Monday as some late-session buying in selected industrial shares boosted the Dow but left the broad market weak. Buyers were encouraged by Wall Street's ability to avoid the steep declines experienced in overseas equity markets and another strong performance in the bond
        1,190 words
      • Article, Illustration
        LONDON
        642 28 SHARE prices fell to their lowest level since February 1991, during the Gulf War, in light trading here on Monday, dragged down by pessimistic reports on the economy and by several stocks going ex-dividend. Gloomy international news, with the looming internationalisation of the Yugoslavian conflict and tension in Iraq,
        642 words
      • Article
        FRANKFURT
        253 28 GERMAN shares slid to a seven-month low on Monday as a lack of fresh corporate news left the market dwelling on negatives such as higher German interest rates, the weak dollar and falls on other markets. Dealers said weakness in the Tokyo market got German share trade off to
        253 words
      • Article
        AMSTERDAM
        304 28 SHARES staggered to the weak finish of a very thin session on Monday after professionals had dominated what trade there was, dealers said. The EOE Index slid 3.85 points or 1.33 per cent to 285.19. "We've hardly seen any real orders at all," said Gijs van den Brink, dealer
        304 words
      • Article
        PARIS
        192 28 THE Paris bourse CAC-40 Index slipped over one per cent in microscopic trade in the market's quietest week of the year ahead of Assumption Day on Saturday. Dealers said worries over poor first half results, downgrades of profit forecasts, German interest rates and how the French will vote in
        192 words
      • Article
        MILAN
        235 28 ITALIAN shares ended weaker on Monday but off their opening lows in a market dented by overnight losses in Tokyo and worries market conditions in Italy could put financial pressure on domestic operators, brokers said. Profit-taking from overseas following last-week's run-up in share prices and technical trading ahead of
        235 words
      • Article
        ZURICH
        243 28 SWISS shares closed lower on Monday, but dealers said sentiment was still resilient despite weaker markets abroad. Dealers said the market recovered from the day's low on selective buying at the lower levels in late trading, ignoring Wall Street's weak start. The SPI All-Share Index eased 7.7 points, or
        243 words
      • Article
        STOCKHOLM
        173 28 SWEDISH shares followed foreign stocks down on Monday on the weak dollar and widespread view that a change for the better on the bourse is unlikely in the near future. The bourse All Share Index fell 1.98 per cent to 822.76, while the Top-16 Index was down 2.47 per
        173 words
      • Article
        BRUSSELS
        173 28 BELGIAN shares closed lower on Monday as dealers said trade felt the effect of weaker European bourses and the withdrawal of many institutional investors. The Bel-20 Index fell 7.86 points, or 0.69 per cent, to 1,125.42. Total volume was a low 533 million francs of Belgian shares traded. Still
        173 words
      • Article
        JOHANNESBURG
        411 28 SOUTH African leading stocks fell across the board in steady trade on Monday, led by diamond giant De Beers which was under local and overseas selling pressure ahead of interim results yesterday, dealers said. The diamond giant dropped to a 72.60 rand low, wiping ofT some 912 million rand
        411 words
      • Article
        TORONTO
        308 28 STOCKS rebounded from early weakness to close mixed on Monday, dealers said. Heavy losses in overseas markets took Wall Street and Toronto lower fit the opening, but the market slowly recovered through a listless session, they added. The TSE-300 Composite Index closed up 2.98 points at 3,408.8, up from
        308 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ ends slightly higher against mark in thin Tokyo trading
      1183 29 REPORTS TOKYO: The dollar ended slightly higher against the mark and steady against the yen in thin Tokyo trading yesterday. "There was some dollar buying when Tokyo stocks broke 15,000 but exporter sales above 128 yen and fears of intervention
      1,183 words
    • Article
      INTERBANK FOREX RATES
      381 29 Cross rates A ugn US$ SS MS Dm Yen SFr AS NZS 'USS 1.6098 2.5000 1.4650 128.00 0.5184 1.3160 1.3569 1.8416 f SS 0.6212 1.5530 0.9101 79.5130 0.3220 0.8175 0.8429 1.1440 MS 0.4000 0.64 0.5860 51.2000 0.2074 0.5264 0.5427 0.7366 Dm 0.6826 1.0988 1.7065 87.37 0.3539 0.8983
      381 words
    • Article
      MONEY MARKET
      551 29 Interbank rates s$ Bid Offer Overnight 1/4 1-month 2 3/16 2-month 2 1/4 3-month 2 5/16 Overnight mode: 1-3/8 1/2 2 5/16 2 3/8 2 7/16 l!S$ Bid Offer 7 days 1 month 2 months 3 months -6 months 9 months 12 months 3 5/16 3 5/16 3
      551 words
    • Article
      Lock icon Tokyo's long-term credit banks may issue debentures more frequently
      303 29 Asahi TOKYO Japan's three leading long-term credit banks have begun considering an increase in the monthly issuance of their bank debentures in an effort to attract investors. Investors complain that the current manner of determining the coupon rate of the debenture
      Asahi  -  303 words
    • Article
      FINANCIAL FUTURES
      1543 29 SIMEX eurodollar Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.61 9663 96.62 2300 2179 ***** Dec 92 96.36 96.38 96.36 96.36 7500 4324 ***** Mar 93 96.32 96.35 96.32 96.33 4000 2508 ***** Jun 93 96.04 96.05 96.03 96.03 2800 853 3637 Sep 93 95.64
      1,543 words
  • Page 29 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Large lode of clean coal being mined in Kalimantan
      408 30 NYT JAKARTA An Indonesian mining company has begun marketing coal from a huge deposit in Borneo that has 80 per cent less sulphur than the cleanest American coal, allowing it to be blended with dirtier coal and burned without smokestack equipment
      NYT  -  408 words
    • Article
      Lock icon Opec's output in July rises
      257 30 AP NICOSIA The Organisation of Petroleum Exporting Countries' (Opec) crude oil output in July averaged an estimated 24.145 million barrels per day (bpd), almost 700,000 above the third quarter target level of 23.463 million, the Middle East Economic Survey (MEES) reported on Monday. The estimate
      AP  -  257 words
    • Article
      Weak market sentiment drives tin 25 sen lower
      745 30 REPORTS THE PRICE of tin eased another 25 sen to close at M$ 16.49 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday as market sentiment was dampened by poor demand and lack of fresh fundamentals. Dealers said market operators were
      745 words
  • Article
    PRICES
    1511 30 Rubber RAS Commodity Exdmno (future dosing M it lpm) RSS 1 Contract (S cents/kg) Qose Volume Open Month High Low Sett (tonnes) Interest Sep 92 0.00 0.00 142.50 350 3,425 Oct 141.50 140.75 141.50 800 3,450 Nov 140.75 140.50 140.75 275 3,075 Dec 140.75 140.25 140.75 275 3,500 Jan/Mar
    1,511 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1298 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 HAI.KORI) INVESTMENTS PTE LTD AND THE COMPANIES ACT, CAP. 50 (Section 291) APPOINTMENT OE PROVISIONAL LIQUIDATOR At a meeting oi the Board of Directors of HAI.FORD INVESTMENTS PTE LTD held on the 6 August 1992 the following Resolutions
      1,298 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1300 31 flty Flight ETA Flight ETD Abu Mubi GA895 1300 GA983 1315 Wolaidt QF81 1955 QF82 2205 SQ227 2245 »«M" RJ182 1440 AmtertUwi KL837 T255 SQ324 2200 GA895 1300 SQ323 1840 KL838 2240 Auckland NZ2i 1820 NZ22 1940 SQ288 2025 SQ286 2030 Gf 149 0650 GA911/524 0800
    1,300 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Riding the waves at China Beach
      530 31  -  POSTCARD FROM DANANG By Kathleen Callo The surf win soon be up and beach boys from around the world will be heading for a new place to ride the perfect wave Vietnam's China Beach. Hanoi is to hold an international surfing competition on the
      530 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      152 31 As at 10am yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1808 1.1970 Canadian dollar 1.3430 1.3702 NZ dollar 0 8651 0.8826 Sterling pound 3.0888 3.1308 US dollar 1.6070 1.6150 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      38 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Sep 19-22 International Paris Semaine (33)1/*****002 Sep 21-25 International Utrecht, Koninklijke *****55.91 Leather Week Internationale Trade Show Netherlands Nederlandse Du Cuir Intensive Animal Jaarbeurs Production
      38 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      41 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details We know Europe froth (tart to Ftnniih.
      41 words
    • Advertisement
      Page 31 Advertisements Column 2
      757 31 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Neo Kee Joon of 10 Holland Hill #02-19, Holland Hill Mansions, Singapore 1027, have applied for a 1 st Class Beer House licence in respect of premises at M/s Silver Spoon
      757 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      247 31 1 Crimean heroine clearly needed a hurricane lamp 10 A great deal of wine is Mediterranean port (5) Jlh_ 12 Continued love one going overseas (8) "HbTTM""iBTifIfIHH spearean forest in Germaheartened (6) 23 Thrush found by a Sussex I j j j I j j and lake (5) "TMT 1®!"""""^bBb™MM""
      247 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      161 31 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature 31.7 Assoc humidity 71% Minimum temperature 25.1 Assoc humidity 94% Hours of sunshine 4.40 Rainfall in mm Trace Rainfall this month 33.1 Rainy days this month 2 World report Asia-Pacific Hi/Lo* Cond. Auckland 17/11
      161 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      21 31 -N FdfcGCT 1T... Vou et WOO'RC "PRLONG TO RM| W CfclSTOuJ IV4KS VtJPST.NG T,rae IcrvnPTV SUIT.... NvJrnfceß J J y H
      21 words
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  • Article
    Lock icon US, Britain, France agree on use of force in Yugoslavia
    409 32 Draft resolution reached after four days of talks FT, Reuter WASHINGTON The United States has reached agreement with Britain and France on a draft United Nations resolution to use force if needed in the former Yugoslavia. The State Department said
    FT,; Reuter  -  409 words
  • Article
    Lock icon Eurolist share scheme to be launched early next year
    270 32 Reuter BRUSSELS Eurolist, designed to list top European shares across European Community (EC) stock exchanges, is nearing kick-off a year after its twin Euroquote project had to be dropped, officials said yesterday. Jeffrey Knight, special adviser to the Federation of Stock
    Reuter  -  270 words
  • Article, Illustration
    UN troops in Cambodia send prices soaring
    439 32  -  From Harish Mehta in PHNOM PENH FREE-SPENDING United Nations (UN) troops and supporting civilians who are in Cambodia to help bring peace to the country have created an ironic economic problem inflation. They have been spending an average of about US$3 million (Ss4.B
    439 words
  • Article
    Lock icon Bush to seek up to US$10b loan guarantees for Israel
    292 32 Reuter KENNEBUNKPORT, Maine US President George Bush and Israeli Prime Minister Yitzhak Rabin yesterday laid to rest any lingering tensions left over from a year-long slump in relations, with the US leader saying he will ask Congress to approve up
    Reuter  -  292 words
  • Article
    Lock icon Kabul sees worst outbreak of fighting since 1988
    231 32 AFP, Reuter ISLAMABAD In what Red Cross officials described as the worst spell of fighting in Kabul since 1988, Afghan government aircraft yesterday bombed rebel strongholds south of the capital and militias loyal to the besieged government were rushed from the north
    AFP,; Reuter  -  231 words
  • Article, Illustration
    The growing pains of emerging markets
    776 32  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is BT's Jakarta Correspondent IF YOU want an easy life, don't try to set up a stock market. But if you enjoy the thrills and spills of the roller-coaster, and can cope with a career
    776 words
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      322 32 INVESTMENT Every Saturday in Business Times The 2nd International Conference on Key Issues in Capital/Securities Markets and Securities Regulation 14 15 September 1992, Marina Mandarin, Singapore This conference presents an overview and a detailed exploration of the securities and capital markets through the viewpoints of professors of law and economics,
      322 words
    • Advertisement
      Page 32 Advertisements Column 2
      170 32 Every Saturday in Business Times 0 A P 6 X 0 STOCK BETAS Stock Beta Analysis in portfolio management is an essential complement to Fundamental and Technical analysis. Whilst stock technical indicators come into vogue one after another and as easily fall out of fashion, Stock Beta Analysis is that
      170 words
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  • Shipping Times
    • Article, Illustration
      Sembawang keen on more US Navy jobs
      478 33  -  By Juliette Walker SINGAPORE Sembawang Shipyard is discussing ways of providing additional support to the US Navy both in Singapore and in the region, said the yard's managing director Tan Mong Seng. While Sembawang has already won a string of US Navy contracts
      478 words
    • Article
      Shiprepair market sound: industry leader
      319 33  -  By Rahita Elias SINGAPORE The international shiprepair market is expected to encounter some hiccups this year, but its outlook for the longer run remains sound, said an industry leader. Lua Cheng Eng, Jurong Shipyard chairman, said yesterday: "Because of the slowdown in the world economy,
      319 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1165 33 Page Col ABC'Containcriinc 12 I Accord Group 8 1-3 Ahrenkicl Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 ASXCLShpg 15 2 Austorient Shpg 16
      1,165 words
    • Article, Illustration
      Lock icon Port of Boston and Cunard have old ties
      391 33 Reuter BOSTON The Queen Elizabeth 2 seldom calls on the port of Boston much anymore, but in a way its visit for repairs is something of a return home for its owner Cunard Line. Boston was Cunard's first US port in the
      Reuter  -  391 words
    • Article
      Lock icon French dockers start 24-hr strike
      197 33 Reuter MARSEILLE, France Dockers at most French ports launched a 24-hour strike to protest against a new law changing their union-run work status. The strike, which is in addition to a 48-hour work stoppage at France's largest port, Marseille, included some ports whose dockers last
      Reuter  -  197 words
    • LOG BOOK
      • Article
        $2.3 m coach shelter for Changi Terminal One
        115 34 SINGAPORE Passengers using coach bays at Changi Airport's Terminal One will soon be shielded from the elements once construction on a $2.3 million shelter is completed. The project forms part of a $200 million refurbishment programme at the terminal. Construction of the
        115 words
      • Article
        US airlines to raise ticket fee
        94 34 NEW York Delta Air Lines, Northwest and America West said on Monday they planned to double, to US$5O (S$80) their fees for rewriting non-refundable tickets. The higher fee, which the carriers said was necessary to cover costs, is scheduled to take effect Sept 1.
        94 words
      • Article, Illustration
        Drop boxes for air packages
        70 34 SINGAPORE Federal Express air-courier customers now have the convenience of 12 "drop-boxes" from which packages are collected three times a day. The firm started out with two boxes in Singapore in the lobbies of Keck Seng Tower and International Plaza in 1989. The boxes save
        70 words
      • Article
        Kuwait recovers Airbus planes
        61 34 KUWAIT CITY Kuwait has recovered six Airbus planes stored at Iranian airports by Iraq during the Gulf crisis, Kuwaiti Finance Minister Nasser al-Rawdan said on Monday. Mr Rawdan said the sixth plane had landed on Monday in Abu Dhabi for servicing. Three others were also there
        61 words
      • Article
        Thai jetliner crash probe
        59 34 OTTAWA The black boxes from a Thai jetliner that crashed in Nepal two weeks ago have arrived in Ottawa for analysis. The Thai Airways plane from Bangkok, Thailand, was trying to land in Katmandu, Nepal, during fog and rain July 31. It slammed into the foothills
        59 words
    • Article, Illustration
      Lock icon Flying on course for 1997
      1095 34  -  Cathay Pacific has taken all the steps possible to ensure its survival after Hongkong is returned to China in 1997, reports Simon Holberton Simon Holberton FT Early last month, the final piece of a jigsaw started in 1984 fell into place for Cathay Pacific, the
      FT  -  1,095 words
    • Article
      DAILY FREIGHTS
      840 34 FIXTURES on the US Gulf/Japan grain route were firmer after weakening last week, but freight market conditions remained sluggish, brokers said on Monday. Several vessels were fixed for late August at US$l9 and U5519.50, all basis one combination, after some fixtures on the route were done at USS
      840 words
    • Article
      THE SHIPPING GUIDE
      10612 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,612 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        628 49 Vessel Voy No Berth Arrival Departwe Vessel Voy No Berth Arrival Oepartue Marina Terminal 1 Jurong Port Batam Baru B170 M04 alongside 1108/2300 African Express J5/6 alongside 1208/0730 Batam Matu *****2 M03 alongside 1208/0500 Cheung Hmg 792 13 alongside 12 08/0800 Batam Murni *****2 M03 alongside 1208/2300
        628 words
      • Article
        IN MALAYSIAN PORTS
        227 49 -1- Huit jowore run Berth: 1: Kns Madura; 2: Diamond Dragon. 3: Su Xia; 4: Eggana, 5: Pernas Sekoi, Trimanggada; 6: Um Moral. 08 jetty: Shoryu Emmy, Suci. DCJ: Sari Marina. Ocean Princess. Due on Aug 11: Bow Spring, Pernas Suasa, Uni Modest Due on Aug 12:
        227 words
      • Article
        CONTAINER SCHEDULE
        1466 49 DELIVERY OF FCL lulk'liii CONTAINERS IN PROGRESS WP toy No Containers avalabie 9* Voy No Contaiien nabbk D Kalimantan 25S *****2 0703 ACX Lotus 28B COO(EST) 1108 92 1500 Kaga 24/429 1008 92 0725 Alsta 2312 COO(EST) 1108 92 1500 Kota Indah 321 1008 92 0825 Cy land
        1,466 words
    • Article
      TRANSPORT DIARY
      860 50 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. Ihe event will lake place! at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications,'organised by IBC technical -Services Limited at The Matfderin Singapore. For further dcta»s please contact IBC Tech-nical-Services at tel: 732-1970 or fax:
      860 words
    • Article
      Lock icon US airlines in a rut with constant fare wars
      649 52 AP NEW YORK With their constant fare wars, airlines have painted themselves into the same corner that has trapped many retailers: consumers won't buy unless they see a "sale" sign, travelindustry experts said here on Monday. Intense competition among the airlines,
      AP  -  649 words
    • Article
      Lock icon Aussie govt saves train service from closure
      195 52 AP ADELAIDE, Australia One of the world's great passenger trains, the Indian Pacific, has been saved from closure following an Australian government promise to refit the ageing railroad. Named after the two oceans it links, the train runs across the Australian continent from
      AP  -  195 words
    • Article
      Lock icon Raychem wins E German phone contract
      398 52 NTY NEW YORK Raychem Corp has won a US$lOO million (S$ 161,000) contract to help provide modern telephone scrvice in the former East Germany and in the process, test some of the most advanced features incorporating fibre optics. Raychcm is the only US firm
      NTY  -  398 words
    • Article
      Lock icon Union threatens phone strike on Atlantic coast
      440 52 AP CHICAGO Telephone workers reached tentative work agreements on Monday in the US central industrial belt, the South and Southwest, but a strike was threatened along part of the Atlantic coast, including Washington, the capital. The tentative agreements covered workers in central states
      AP  -  440 words
    • Article, Illustration
      Lock icon McDonnell plan to streamline operations boosts share price
      394 52 UPI LOS ANGELES Troubled aerospacc giant McDonnell Douglas Corp, saying it wants to streamline its operations, announced on Monday it will close an Ohio parts plant and possibly sell off its helicopter business. "The new reality in the acrospace industry demands a
      UPI  -  394 words
    • Article
      Lock icon El Al looks East for growth
      692 52 Israel's national carrier benefits from widening diplomatic ties AP TEL AVIV, Israel Israel's widening diplomatic ties are clearing the skies for El Al Airlines. Israel's national carrier, which last year opened routes to the Soviet Union, this year is looking further East. It will
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      8 33 For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
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      145 33 Cathay Pacific: Flying on course for 1997, Pg 2 US airlines in a rut with constant fare wars, Pg 20 I 'V A;'y>*S: .J :> -f y v 7 V a v v; w, I <~ y ■*-■''4 i i jfev,-'./. V- ';3 v -V. '1 L. I 1 v
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      63 33 INDONESIAN STEVE DONE AND PONT SEN VICES For all Indonesian main ports including out ports SHIP MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any worldwide locations CALL HOTLINE: Container Schedule 17 Daly Fraghts 2 Index 1 Shippwig Guide 10.11 Ships in
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      94 34 7 7/ could be a controversial deal between two stock J market stars, a thought-provoking report by 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. FOCUS is the news feature section of
      94 words
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      2986 35 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 wMMMW bookings tel *****34 *****5s vcnvmv TERMINAL/CFS TEL: *****18 220 Poflflfifln PESAKA JARDINE SHIPPING AGENCIES SON. BHD. \SSSF A m PORT KELANG TEL *****18 FAX: *****91 *****88 LIM/l AIIT |«AUI A.«dh., 7~~~~ PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6
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      2781 35 ■grcmnira NEXT SAILINGS TO MIDDLE EAST TOBIAS MAERSK VOY. 9219 ETA SIN 14/8/92 TREIN MAERSK VOY. 9219 ETA SIN 15/8/92 V«M Voy ETA ETO Feeder by /A DESTINATIONS LMron/ArtM TIM week Marchan Maersk 9208 CV IS/8 IMOO MRS CPS 17/8 2359 MRS JOH LPK PEN OAK LGB HOU MEM ATL
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      1553 36 ROAM/ HMfM VOY NO S PORE JEDOAH S HAMTON H'BURG ANT LE HARVE DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 1. Ml WESTBOUND LUDWtCSHAFEN EXPRESS 03/332 16/8 2/9 4/9 7/9 8/9 POR| HUM 8 FOWNB MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 CAMO TO UK/CONTMNT DRESDEN EXPRESS 06/333 23/8
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      464 36 I EXPRESS TO PAPUA NEW GUINEA "1 SPORE I AIAM TALANG VJS 10/0R POM/HOM/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 vtssa spore rut loaong fob FLAMBOYANT *57* 70/09 23/09
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      Page 36 Advertisements Column 3
      1549 36 REGULAR INDEPENDENT FULL CONTAINER SERVICE 4 ROT ANT# FEL LHA I"* NOR ASIA PEARL 9224 3 17/08 10/09 12/09 13/09 14/09 15/09 16/09 17/09 18/09 I JAPAN SEA 225W 23/08 14/09 16/09 18/09 19/09 20/09 21/09 22/09 23/09 I CHMA SEA 226W 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/09
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      2278 37 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCtPTS DW SAIS rortat CARGO SnUt d Him KIMS MADURA ¥071 Skin 10. T» 12 fc* 13 Au| MARION V.0175/01W 16-17 AUG 19-20 AUG STIAITS STAR VIU Muau. lib 11 12 Au| 13
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      2497 37 -fc SINGAPORE AGENT: lyAjCl pAtltoirfeAl*C PAO Containers (Singapore Agencies) Pte Ltd V<> M VjUllLCtlllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■n Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 p-' r CR Number **********0Z EXPORT IMPORT VESSEL VOY -PMC 'KQ SM ALO SOU
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      626 38 LPI ftl M Jr 3 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/WT STORE RDMI WAM H'BUR6 6ftMEN ANTWERP SMNUAVA/35N8 21/J 23/10 25/10 4/11 1/11 KUTM/26N8 6/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Bub|«ct to lnduc«m*nt. Also accepting cargo to Casablanca, Port Said, Port
      626 words
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      1564 38 0 HANJIN SHIPPING FDR WL LM HAUL LGB OAK fOK WL SW IIM HAU. SAV 1M NYC HAfUN BREMEN 004E 15/8 MttCl 5/9 8/9 MSHGUWO BAY 2OTN 12/8 H. ROBE 038E 17/9 U/9 20/9 HANJIN FELIXSTOWE 014 C 23 8 MtEC! 13 9 16 9 HANJIN CHE JU 045t I//8
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      1220 38 d T JTTT^-^TT^k Irn sr use im ut ns «i os w) au tro ui chs mi ntc lhv ui km w «c rso am «l I IGRMOKMI 12/1 13/1 17/1 19/1 21/1 24/1 29/1 27/1 21/1 29/1 31/1 11/9 23/9 25/9 21/9 t/lt 7/11 l/ll 0/10 M/ 10 21/10
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      1583 39 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 mm mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 MUK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS -F9 *****53/*****50 AUST/INDIA/PAK SERVICE NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33. P
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      521 39 YOUR RELIABLE FREIGHT FORWARDER BB CUSTOMER SERVICE: 222 0717 FAX: 222 7988 |I|/ 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 14/08 Manila ETD 14/08 Colombo
      521 words
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      Page 39 Advertisements Column 3
      1217 39 m 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 EASTBOLM)—DISCHARGING WESTBOUND-LOADING TRANSHPPED VIA ROTTERDAM] WSHIS T 55
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      1728 40 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD <CR No: **********0 M) I W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I m r%| M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD LfILJ JL aL MLrnm JL. A JLa* TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA,
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      Page 40 Advertisements Column 2
      929 40 PHIU-OmeNT LIN€S PTC LTD W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX:*****76 *****3 a Gfib BY AIR, LAND OR SEA.... m WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASS I —l Aumuuif™' PACIFIC 15 AUG SYDNEY. MELBOURNE. BRISBANE, FREMANTLE
      929 words
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      284 40 GOLDEN LINE IKG oS* GUAN GUAN SHIPPING \[Xv<\ (PTE) LTD w 23. T*k Aytr Street S*6APoftt 1104 TEL ***** M (10 LKS) Fn: ***** M (C* No **********0*) STRAITS/PER9LAN GULF BEBTICE S pore P. Heiang Penang GOWN SIM Ranch. Cuba Damnum 11/11 tat GOUKH NAUVtST Karachi Dubai Dam 22/24 IN
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      2209 41 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIM VEBBEL W EQUATOR HAWK IMI it/. V. ESTEBRUQGE 22N 15/8 18/8 21/8 KOTA ISSAM U ,l VJ* V... EQUATOR CRYSTAL 104N
      2,209 words
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      872 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P|p GUDANG| PENANG PKELANG OCEAN VSL/VOY sin SOU (1) RTM (2) HAM (3) GOT (4) E 14/8 14/e 15/8 BENAVON 2322 18/6 4/9 6/9 7/9 9/9 E 21/8 21/8 22/8 JUTLANCXA 2332 25/8 11/9 13/9 14/9 16/9 D 151 28/8 29/8 SELANOA 2342
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      226 41 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 ACCEPTING B/BULK AND CONTAINERS °BSA° TRANSPORTATION mtm MYANMA Wmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen P.Gdf AVA VII6W 20/23
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      1845 44 Container LinCf Services Malaysia's Agents: Indonesia's Agents: Gua "Shipping Sdn Bhd Chung Chiaa Shipping Sdn Bhd f. J. Glob* Putra Indonesia maritime fa Agents. Booking Agents: 58 Persaran Rap Muda Musa 29 a laian ko*i m* jimm*m ff *t*' Shl PP in 9 Pte Ltd Shipping Freight Boating Centre Sdn
      1,845 words
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      649 44 EXPORTS TO HONGKONG, TAINAN. MANILA JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND *01 PKL Ptt KT SW I MM. HKG KAO KEE TYO TOK Sltf NGO KOB VESSEL VOY |SM ]PKI PEN BIN SM ACK DAISY ?36 "lOt "12.1 11.1 li t ll.» 20.1 »I H.« 211 ACX JAOC
      649 words
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      Page 44 Advertisements Column 3
      496 44 VESSEL VOY lAKARTA SPORE BANGKOK MANILA GUAM SAP AN ASIAN ORCHO 16 M PT SLO AUG 22 AUG 23 ASIAN ORCHO" 17 SEP 1 SEP 5 SEP 12 SEP IS SEP 20 VESSEL VOY ETA SPORE GUAM <T/S) MOTHER VESSEL GUAM PONAPE KOSRAE MAJURO TRUK YAP KOR ASIAN ORCHO 16
      496 words
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      339 44 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 T*4«x: R*****0 t *****81-3 Fax: 22S 4939, *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SIN/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 994 IN PORT 15/08 (SAT) PRELUDE 913 14/08 (FRI) 17/08 (MON) MAJESTY 904 14/08 (FRI)
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      628 45 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL PIR€ AUS 16/8 ROTTERDAM 16/8 HAIF A/ASHOOO/ ALEX ANDRIA 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
      628 words
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      Page 45 Advertisements Column 2
      1388 45 JAKARTA 1 BANGKOK 'C »t»l VOY 9N «T vroa DOT gWfMI BANCS C»r WANA BHUM 153S INPt 15/01 IARU BHUM 37W fri 14/08 Mm 17/01 BENIA BKJM 39S 15/08 18/08 MAHA BHIIM ft 1?0N Sw 16/08 Wed 19/08 WANA BHI* 154S 19/08 22/08 NANTA BHUM 102H Sal 15/08 Wed 19/08
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      346 45 TI6ER-UDE VSL VOY SINGAPORE MADRAS SMGAPORE WSSII VOY MA* SW tKU CK« 2tH 14-15/0* 20 22/ M 27-M/M Ttt* BRDGI 217* 1711/01 23-25/01 31-01/0J IBaSftED 21M 24-25/01 30-31/01 OM7/0J TKU ST»* 2*l 20-21/01 27 21/01 03-04/09 VSL VOY SMGAPOBE/C ALCUTT A/ SMGAPORE r VESSEL VOY SM CM. Tttl BVW 154CN8
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      2008 46 w 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.
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      840 46 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER I dONtAINER &ERVICE6 SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL ItOY [S PORE [PEST VESSEL VOY SPORE P.
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      Page 46 Advertisements Column 3
      368 46 A PRO LINE LIMITED A CO.. GmbH, HAMBURG CONTAINER/BREAKBULK SERVICE LOADING FOR SOUTH AMERICA VOY SPO CBO OUR BAMS RIO SANTOS MC Pt/Wl SlO 13/0t 31/10 15/09 21/09 23/09 FRAIfIS M 511 30/00 15/09 30/09 OC/10 05/10 WMH STORK 512 19/09 25/09 OC/10 21/10 27/10 30/10 PORE* 513 27/09 12/10
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      819 47 COMPANIA PERUANA DE VAPORES V "PERUVIAN STATE LINE" ACCEPTING BRtAKBULK FCL/SOC CARGOES TO/FROM CAILAO, MATARANI, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV TWOUGH BILL Of LADING ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBU.K/SOC CARGOES TO/fROM KOBE, YOKOHAMA, NAGOYA. MOJI. TOKYO*, MANILA*, DAVAO*. Pen»|* P. Kelanj
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      588 47 CZ3 ZIM Favl Coitaiier Ssnrics LUU N.AMERICA/CARRIBEAN SERVICES KISSEL VOT SW MAW HA VOY LAI KSI SAY NYC HI A VESSEL lt/1 irn HONGKONG 21 15/9 24/9 28/9 38/9 2/18 /M OSAKA V 2* 70/1 M AMERICA K 21/9 2/It l/lt A/10 18/10 STDWT 12K 29/1 7N SAVANNAH 3AE 1/11
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      656 47 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTIHG FCL/LCL DUBAI. DAMMAN SMARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS lEDOAH FAR EAST ACCEPTING FCL/LCL PfNANG P/KEIANG lAKARIA. BANGKOK HONG KONG TAIWAN lAPAN MANMA KOREA UK/EUROPE ACCEPTING FCL/LCL LOMOON FELIXSTOWE LEEDS, TILBURY ABERDEEN. LE HARVE HAMBURG ROT IE ROAM ANTW[P GOTHENBURG COPENHAGEN
      656 words
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      466 47 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WITH TRANSMPKNT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAMO BOOKING LUCKY TRANSPORT 8 FREIGHT CO (PTE) LTD RIBBAPORE: TEL: *****55
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      434 47 SIN FW EAST 17/8 KEELUNG/KAOHSIUNG 15/8 BANGKOK 21/8 MANILA/CEBU 16/8 JAKARTA/BELAWAN/SURABAYA 17/8 PORT KELANG/PENANG/E. Malaysia 17/8 BUSAN 13/8 TOKYO/YOKO/KOBE/NGO/OSA 17/8 HONG KONG Si CHINA 17/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU I DALIAN/SHANGHAI/XINGANG TIAN JIN /QINGDAO /HAIKOU T also accepting LCL cargo SIN EUIOPE/UK 15/8 LDN/FLX/LVP/SOU 15/8 RDM/HAM/ANT/LE HAVRE/GENOA/OSIO also accepting cargo to Austria/
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      901 48 ECONOLINES A Time Space Pilot for World Trade Navigation since 1979 We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods
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      424 48 BontermJ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 14 AUGUST ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 16 AUG JAKARTA 17 AUG PENANG 17 AUG PORT KELANG 20 AUG 22 MELBOURNE 18 AUG SYDNEY 18 AUG FELIXSTOWE 15 AUG HAMBURG 15 AUG ROTTERDAM 15 AUG GOTHENBURG 15
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      587 48 This Week's Sailings I To: E ID To! KID Singapore Singapore Rotterdam 15/08/92 Bangkok *****/92 Antwerp Manila 14/08/92 (Onforwarding 0* ml Singapore 778 6522 779 2738 <•««"» JS» &&B Y.lflr f- L 07-*****8 07-*****3 Alfred Ng fcfa&j Jttgf Jakarta 021-*****40 021-*****01 Troy Hsu W f 772AASS-L/A//C —2™^™ I e P
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      Page 48 Advertisements Column 4
      374 48 tea CHINESE-POLISH JOINT STOCK SHIPPING CO CONTAB4EK/BREAK BULK ISM CEYNOWA V 46 11/S CASABLANCA B. P*US V.25 2/9 ANTWBP/roTTBtDAM/HAMUW/GDVNA mm V.51 t/9 CASABLANCA KARLOMCZ V 49 24/1 XMGANG/NANJMG/SHANGHAI ZHANGHENG V.4S 2S/S HUANGPU/SHANGHAI/UNGANG BALTIC FAR EAST SHIPPING PTE LTD 2 WSIM ROW #10 00. HMC BULDMG. STOK 0207 Ta: *****69 F»«:
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      Page 49 Advertisements Column 1
      90 49 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE A MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge Plus an occasional look
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      102 49 YUSEN SEACARGO AGENT OF TRANSCONTAINER LIMITED CONSOLIDATION SERVICES TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA, HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTERDAM, FELIXSTOWE (ALSO ACCEPTING FCL CONTAINERS.) YUSEN AIR SEA SERVICE (S) PTE LTD SOUTHPOINT #11-02 A, 200 CANTONMENT RD, SINGAPORE 0208 TEL (65) 227 4567 FAX: (65) 227 5556
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      459 49 TIDES AND WEATHER 1 mmmmmmmm i TODAY'S TIDES (lw#t in metres) HOll 0000 0100 0200 0300 0400 0500 0600 0700 0800 **************************************************00 *****!5-;; JR 25 21 15 U 0 7 05 05 06 10 1.5 2.0 2.2 2.3 U 17 1.3 U 1.0 1.1 1.3 1.8 2.4 28 PP 25
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      Page 50 Advertisements Column 1
      322 50 LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. > Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
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      Page 50 Advertisements Column 2
      523 50 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: TRANS ASEAN 15/08 20/08 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/ BANGKOK /HONGK ONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI
      523 words
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      Page 50 Advertisements Column 3
      325 50 v yi BEUING CHANGCHUN CHANGSH^^pb^ CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU i OsIISSM /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 WSKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHNVO Johore
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      666 51 A. HYUNDAI MERCHANT MARINE CO. LTD. ASIA/EUROPE EXPRESS (AEX) CONTAINER SERVICE MAIDEN VOYAGE HYUNDAI EXPLORER V3OIW CALLING SINGAPORE 30 AUG 92 ETA/ROTTERDAM 18 SEP 92 ETA/HAMBURG 19 SEP 92 ETA/FELIXSTOWE 22 SEP 92 TIL: FAX TLX TEL: FAX TLX KUALA LUMPUR 03-*****00 03-*****52 MA ***** PASK GUDANG 07 *****1 07-*****5
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      453 51 BHiijlji STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssti m p* a wc m TRAMS AUTO 42 SID MFT IS/8 NttlCM 1$ SID U/8 ftitSMM SID COSMK B4STEI II IS/8 17/8 COSMK nOKEI 24 U/8 14/8 IMAKt OCIAN 124 17/8 18/8 4*1814 17 21/8 22/8 84A8
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