The Business Times, 13 August 1992

Microfilm: NL18499
Total Pages: 50
1 50 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 Thursday, August 13, 1992 75*
    16 words
  • NEWS SUMMARY
    • Article
      US wholesale prices up 0.1pc in July
      53 1 WASHINGTON Prices at the US wholesale level rose a scant 0.1 per cent in July, the US government said yesterday. Drops in the price of petrol and home heating oil, as well as steady food prices, helped to keep inflation under control, the
      53 words
    • Article
      M'sia cuts diplomatic ties with Yugoslavia
      48 1 KUALA LUMPUR Malaysia broke ofT diplomatic relations with Yugoslavia yesterday to protest against alleged atrocities in Bosnia-Herzegovi-na. At a press conference. Foreign Minister Abdullah Ahmad Badawi said the Cabinet, chaired by Prime Minister Mahathir Mohamad, made the decision at its weekly meeting.
      48 words
  • MARKET SUMMARY
    • Article
      Dow higher
      38 1 WALL STREET stocks were higher early yesterday after the government reported a key measure of inflation remained under control last month. The Dow Jones average was up 8.11 at 3,339.21 in the first hour of trading.
      38 words
    • Article
      Footsie higher
      28 1 LONDON share prices were higher at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was up eight points, or 0.3 per cent, at 2,317.6.
      28 words
    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 660.51 -14.20 Kuala Lumpur ..594.577 -3.23 Tokyo 14,773.79 -48.77 Hongkong 5,879.19 -7.56 Sydney 1,570.7 -16.9 Tuesday Change New York 3,331.10 -6.48 London 2,309.6 -16.1
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    • Article
      CURRENCIES
      22 1 Exchange rates USS s$ 1.6090 100 Yen S$ 1.2575 MS SS 0.6436 Money market rates Overnight 1/8% -1/8 3-month 2-3/16% -2/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS346.50 -USS2.00 Rubber S'pore Oct.... 141.00*/kg +0.25 M'sia Sep 2l9.50«/kg unch KL Tin Turnover 63 tonnes +27 Spot MS16.76/kg +0.27 Crude palm oil Turnover 400 lots -565 Sep MS835 /tonne -3
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  • Article
    Lock icon Nafta accord crowns 14 months of tough talking
    308 1 AP, Reuter, NYT WASHINGTON The United States, Mexico and Canada have agreed to end trade barriers and form a continent-wide single market of 360 million people that produces goods and services valued at US$6 trillion (559.6 trillion) a year. "The United States,
    AP,; Reuter,; NYT  -  308 words
  • Article, Illustration
    Condominium prices in suburbs rise sharply
    503 1  -  Increases highest in Upper Thomson, Yio Chu Kang, Serangoon By Colin Tan SINGAPORE Prices of condominiums in the outlying areas, especially in the northeast, rose sharply in the second quarter. Urban Redevelopment Authority data released yesterday showed that the average prices of condominiums in
    503 words
  • Article
    Govt to release six residential sites over next six weeks
    304 1  -  By Lilian Ang SINGAPORE The government will release six residential sites with the potential for about 1,000 apartments and houses over the next six weeks. Three of the sites one each at Bedok, Serangoon and Pasir Ris will be put
    304 words
  • Article, Illustration
    Shanghai stocks plunge 10pc, Shenzhen reopens
    105 1 SHANGHAI Attention shifted to Shanghai from Shenzhen yesterday with nervous investors following up on Tuesday's 11 per cent drop in China's biggest city by sending the market on a roller-coaster day of heavy selling and then buying at the lows. The CLSA Shanghai A
    105 words
  • Article
    Tokyo plans to rescue market, says report
    128 1 SINGAPORE Tokyo's ailing stock market may soon get a respite if Japan's Finance Ministry launches a reported rescue mission by the end of the month. Kyodo News Service yesterday reported that the ministry was working out a plan to attract small investors in
    128 words
  • Article, Illustration
    HK suspends Lee Ming Tee firms, orders investigation
    495 1  -  From Catherine Ong in HONGKONG THE Hongkong government is investigating the affairs of Malaysian businessman Lee Ming Tee's Allied group after ordering the suspension from trading of the shares and warrants of 10 companies currently and previously connected to him. A government
    495 words
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      563 1 Cassette Recetver C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Ptione 235 1333 Kuala Lumper Phone 757 0233 Penang: Phone *****5/619 014 Jakarta; Phone 374 085/380 1472 J UOL earnings fall UNITED Overseas Land has turned in lower net earnings of $14.68 million for the first half-year ended
      563 words
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      10 1 Full report, Pr 3 I he Bottom Line, Back Pg
      10 words
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      10 1 Tokyo trying to help banks avoid stock-related losses, Back PR
      10 words
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      139 1 More reports on Pg 3: Japanese fear pact may hit car makers Bitter pill but good for Canada, say experts Pact seen doubling amount of foreign investment in Mexico One Friday two many SINGAPORE is too small for two Thank God It's Fridays, say the operators of two restaurants based
      139 words
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      12 1 u Hock Lock Siew: Keppel group remains bellwether of market, Pg 4
      12 words
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  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • Article
        Globalisation key to Telecom's success
        122 2 SINGAPORE Telecom, which became a corporate entity in April this year, would press on with its globalisation effort, chairman Koh Boon Hwee said yesterday. In the past year or so, Telecom, through its overseas investment arm Singapore Telecom International, has made investments in Britain, Australia,
        122 words
      • Article
        Diplomatic ties with Belarus
        56 2 SINGAPORE has established diplomatic relations with the Republic of Belarus, the Singapore Ministry of Foreign Affairs said yesterday. Belarus is the second of the 12-mem-ber Commonwealth of Independent States after Armenia to establish diplomatic relations with Singapore, which has recognised the independence and sovereignty of all
        56 words
      • Article, Illustration
        Award winners find Tokyo buyers
        103 2 TEN of the 13 designs that won top awards at the first Jewellery Design Competition held in Singapore in February have been sold in Japan. They were sold by S*pore (Japan) at an exhibition in Tokyo. Simple, unique and innovative design which is "distinctly Singaporean
        103 words
      • Article
        More oil firms lower diesel prices
        41 2 FOUR other oil companies have joined Caltex in cutting diesel prices from 50.5 cents a litre to 48.9 cents a litre, down 1.6 cents. Shell, Mobil, Esso and Singapore Petroleum Company lowered their prices yesterday.
        41 words
    • Article
      Tool and die makers turn to foreign craftsmen
      502 2  -  Lack of skilled workers putting brake on growth By Teh Hooi Ling SINGAPORE The tool and die industry, a key component of the manufacturing sector, has turned to India and China in a desperate move to recruit skilled workers. The industry, which
      502 words
    • Article, Illustration
      Firms need strong team to expand abroad
      300 2  -  Competent regional managers hard to find: entrepreneurs By Joseph Rajendran SINGAPORE Local firms must have a strong team of people in place when they expand into the region, three Singapore-based entrepreneurs said yesterday. The representatives of the three firms Creative Technology, Noel Hampers
      300 words
    • Article
      HK's Far East Consortium lines up projects in M'sia
      232 2  -  By Ignatius Low HONGKONG company Far East Consortium Ltd plans to invest in up to 10 residential, business and hotel projects in Malaysia. Director Dennis Chiu TatShing told BT the group's plans include a 32-storey hotel in the city area of
      232 words
    • Article
      Lock icon Curb investments in China, urges Taiwan think-tank
      206 2 AFP TAIPEI A governmentfunded think-tank has asked authorities here to impose a mild but firm restraint on Taiwanese investments in China in order to protect the island's economy, a report said yesterday. "Although investments made by Taiwanese firms on the mainland have yet
      AFP  -  206 words
    • Article
      Lock icon Japanese fear free trade pact may hit car makers
      378 3 Reactions to Nafta accord AP TOKYO News that the US, Canada and Mexico have agreed to create a tarifffree zone linking 360 million North Americans raised a chilly reception in Japan yesterday. Japanese government and business officials complained that the North
      AP  -  378 words
    • Article
      Lock icon Pact seen doubling amount of foreign investment in Mexico
      358 3 Rcuter MEXICO CITY The North American Free Trade Agreement could double the amount of investment pouring into Mexico as foreign companies expand existing plants and new companies put down roots, analysts say. "It's possible foreign investment could double. We could sec
      Rcuter  -  358 words
    • Article
      Heavy Inro buying helps stabilise robber prices
      344 3  -  By Shoeb Kagda SINGAPORE Heavy buying by the International Natural Rubber Organisation (Inro) has helped stabilise rubber prices, which dropped to a five-year low last week. According to rubber brokers, Inro has bought more than 20,000 tonnes of natural rubber since Friday, pushing
      344 words
    • Article
      HKBank wins summary judgment against Christiania Bank
      365 3  -  By Dawn Tan SINGAPORE HongkongBank, one of the three banks involved in a multi-million-dollar debt mountain chalked up by bankrupt businessman Elyamani Khamis, has won a summary judgment in the Singapore High Court against Norway's Christiania Bank. The judgment, handed down yesterday, would
      365 words
    • Article
      Lock icon Nafta bitter pill but good for Canada in long run, say experts
      237 3 Reuter TORONTO The North American Free Trade Agreement is forcing the Canadian economy to swallow a bitter pill with nasty side effects, but economists said the medicine is good for the country's long-term health. While grappling with a
      Reuter  -  237 words
    • Article, Illustration
      Lock icon Shanghai officials seek to distance bourse's fall from Shenzhen riots
      450 3 Reuter BEIJING China's Shanghai stock market pulled out of a nosedive to close off its lows yesterday while stock analysts and officials sought to distance the fledgling bourse from its riot-shaken rival in Shenzhen. The CLSA Shanghai A Index closed
      Reuter  -  450 words
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      135 2 For a free If you've always thought that dining at The New Orleans was a unique Brunch at experience, we've just made it an unforgettable one. Because from The New Orleans 15 August to 15 September' 92, you can delight in our Sunday Jazz brunch just show us absolutely free.
      135 words
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      91 2 FIVE EASY PIECES. Investing in foreign currencies CURRENCY 3 can yield up to 5 times the interest Spanish Pesetas 11.3750% return on your money compared Pound Sterling 8.6450% with Singapore Dollars. Higher ECU 9.2350% rates for higher Deutschemark 8.2750% deposit amounts are available Swiss Francs 6.7750% upon request. *Indicative deposit
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      59 3 The Tiffany Tesoro Chronograph In stainless steel and eighteen karat gold with quartz movement, date, sweep chronograph hand and counter dials displaying seconds, 30-minute and 12-hour intervals. Also available in all eighteen karat gold or stainless steel. Tiffany Co. SINGAPORE: RAFFLES HOTEL. TEL: JJ4OI6® NFW YORK TORONTO LONDON MUNICH FRANKFURT
      59 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Nixdorf wins M$58m Tenaga deal
        67 4 KUALA LUMPUR Nixdorf Computer (Malaysia) Sdn Bhd has won a M 558.7 million contract to supply, set up and implement a computerised customer information and billing system for Tenaga Nasional Bhd. The entire project, which involves setting up 31 mainframes in large district offices and
        67 words
      • Article
        Guthrie sells shares to Cotswold
        60 4 KUALA LUMPUR Kumpulan Guthrie Bhd's whollyowned subsidiary, Guthrie Industries Malaysia Sdn Bhd, has entered into an agreement with Cotswold Holding Sdn Bhd, the joint-venture partner in Guthrie Cotswold Sdn Bhd, to sell its shareholdings of 800,000 ordinary shares of M$ 1 each in Guthrie Cotswold
        60 words
      • Article
        Hong Leong Ind on property sale
        115 4 KUALA LUMPUR Hong Leong Industries Bhd, in a reply to the KLSE, said that it has received no deposit in respect of its disposal of Bangunan Hong Leong and various lots of land in Kuala Lumpur. The company said a sum of M 510.2
        115 words
      • Article
        Aust-Wide placed under receivers
        80 4 KUALA LUMPUR Commerce Property Trust Managers Bhd yesterday informed the Kuala Lumpur Stock Exchange that Aust-Wide Group Ltd was placed under a receiver last week. Aust-Wide Group is the holding company of AustWide Enterprises Pty Ltd, the minority (30 per cent) shareholder of Commerce Property Trust
        80 words
    • Article
      Weak results for UOL but Hotel Plaza fares well
      430 4  -  UOL's interim earnings fall 20pc, Hotel Plaza's climb 27pc By Lilian Ang SINGAPORE Propertybased United Overseas Land has turned in weak net earnings of $14.68 million for the half-year to June 30, down 20 per cent on the same period last
      430 words
    • Article
      Lock icon Red Box M'sia to set up sales offices in S'pore, HK
      313 4 Bernama KUALA LUMPUR Red Box Malaysia Bhd, the maker and exporter of photo albums which is seeking listing on the main board of the Kuala Lumpur Stock Exchange, will set up its own promotion and marketing office in Singapore
      Bernama  -  313 words
    • Article
      UIS profits slip 25pc to $1m
      101 4 SINGAPORE United Internationa! Securities Ltd (UIS), a subsidiary of United Overseas Bank, yesterday reported a 25 per cent drop in its net earnings to $1.06 million for the six months ending June 31, 1992. Operating profit fell by almost a similar margin of 26.5
      101 words
    • Article
      Lock icon M'sian businessman discloses purchase of 4.1m FEA shares
      322 4 MBT KUALA LUMPUR Uncertainty over the eventual joint control of Far East Asset (FEA) has cleared significantly with prominent Bumiputera entrepreneur Adnan Mansor's announcement on Tuesday of a substantial stake in the company. He emerged as one of the new owners of
      MBT  -  322 words
    • Article
      SAL's interim profit rises 21pc to $4m
      195 4 SINGAPORE SAL Industrial Leasing Ltd has reported net earnings of $4.16 million for the six months to June 30, an increase of 21.1 per cent on first-half 1991. The improved performance was achieved mainly through higher turnover and lower interest costs locally and
      195 words
    • Article
      Keppel-managed UAE yard clinches barge deal
      169 4 SINGAPORE Arab Heavy Industries (AHI), a shiprepair and fabrication yard managed by Keppel Shipyard in the United Arab Emirates, has clinched a 2.6 million dirham (S$ 1.2 million) contract to enlarge two offshore work barges. Keppel Corp said in a statement yesterday that work
      169 words
    • Article, Illustration
      Keppel group remains the bellwether of S'pore market
      874 4  -  THE HOCK LOCK SIEW COLUMN By 1 Mano Sabnani SINGAPORE What a battering the shares of Keppel Corporation have received in the last three months. The selling has been especially heavy in the past few weeks as the market hypnotised itself into
      874 words
    • COMPANY BRIEFS
      • Article, Illustration
        Founder of Seibu forced to resign from board
        89 6 TOKYO Seiji Tsutsumi, the colourful billionaire who built a retailing-based empire from a ramshackle Tokyo department store called Seibu, was forced last week to resign as a "representative director" of Seibu Department Stores. The post is held by only a handful of
        89 words
      • Article
        HK$1.35b loan for Ranon
        74 6 HONGKONG A syndicated loan to Ranon Ltd, a 50-50 joint venture of Cheung Kong (Holdings) Ltd and its associate Hutchison Whampoa Ltd, has been raised to HK$l.35 billion (Ss2B million) from HK$l.2 billion originally planned, arranger CEF Capital Ltd said. "The one-and-a-half years transferable loan facility
        74 words
      • Article
        China Overseas Holdings offer
        76 6 HONGKONG China's state-owned China Overseas Holdings Ltd said its offer of 820 million new shares was 99 times oversubscribed, a Hongkong record. The shares were offered at HKSI.O3 (550.20) each with one warrant for every five shares. The issue, which represents 25 per cent of the
        76 words
      • Article
        Russian firm in Tokyo tie-up
        70 6 TOKYO Neptune Ltd, a Russian fishing concern, will set up a joint venture in Tokyo with a local trading house Tokyo Maruichi Shoji Co Ltd this month in the first Russian direct investment here in 23 years, a company official said yesterday. The joint venture,
        70 words
      • Article
        Tokyo steel makers cut output
        57 6 TOKYO Three of Japan's leading stainless steel manufacturers will be reducing production starting this month. Nippon Metal Industry, Nippon Stainless Steel Co and Nippon Yakin Kogyo said they will reduce production by 5 per cent to 15 per cent, depending on the market price of
        57 words
    • Article, Illustration
      Lock icon Golden Hope invests M$203m in resource-based firms
      429 6 Group in furniture and fatty alcohols ventures Bernama KUALA LUMPUR Golden Hope Plantations Bhd, which is currently diversifying into the downstream and resource-based sector, has invested MS2O3 million (Ssl3o million) to set up a furniture manufacturing company and a palm-based fatty alcohols plant.
      Bernama  -  429 words
    • Article
      Lock icon NZ telecom has become legal minefield: minister
      316 6 AFP AUCKLAND Legal battles between international telecom companies operating in New Zealand's deregulated market could take five years to resolve. Communications Minister Maurice Williamson said yesterday. He told a conference that telecommunications had become a legal minefield. Among those in dispute is the
      AFP  -  316 words
    • Article
      Lock icon Aussie govt gets nod for merger and sale of airlines
      223 6 Reuter CANBERRA The Australian government was given the go-ahead yesterday for the merger and privatisation of its two airlines, the domestic Australian Airlines and international carrier Qantas Airways. Leftwingers in the ruling Labour Party had held up the plan to
      Reuter  -  223 words
    • Article
      Lock icon Taipei's EVA Airways posts US$40m loss
      258 6 Reuter TAIPEI Taiwan's EVA Airways, which began flights in July 1991 as the island's second international airline, had a net loss of US$4O million (5564.4 million) in its first year, a company spokesman said. But sales were strong and the airline will press ahead
      Reuter  -  258 words
    • Article
      Lock icon Daewoo set to buy stake from GM for US$170m
      378 6 Reuter SEOUL South Korea's Daewoo Motor Co Ltd will wind up its joint venture with General Motors Corp by taking over the United States firm's stake in the project for US$l7O million (5J273.5 million), local news reports said. The Economic Daily
      Reuter  -  378 words
    • Article
      Lock icon India approves US$498m foreign investments
      405 6 Bloomberg NEW DELHI India has approved fresh foreign equity investment of U*****.4 million (SsBo2 million) in 10 ventures which would invest USS3.B billion to build factories and other facilities in the country, the Asian Wall Street Journal reported yesterday. The projects; range from petrochemicals, power,
      Bloomberg  -  405 words
    • Article, Illustration
      Lock icon Tokyo stocks look a bargain: analysts
      680 6 MARKET TALK Reuter LONDON In the bargain basement everything looks cheap and international share analysts arc starting to think that the Tokyo stock market looks like one of the bargains. Compared with Wall Street, its main rival, the Japanese market is at last appearing
      Reuter; Chart by TeleTrac  -  680 words
    • Article
      Lock icon Saatchi back in the black with £11m interim profit
      514 7 Company hopes to see sustainable rise in operating margins Reuter LONDON Saatchi and Saatchi, the global advertising group that rode the 1980s boom and nearly collapsed when it ended, struggled back into profit on Tuesday. The company hopes the figures, showing
      Reuter  -  514 words
    • Article
      Lock icon Wal-Mart, JC Penney earnings rise strongly
      156 7 Reuter NEW YORK Despite a tough US selling environment, retailers Wal-Mart Stores Inc and J C Penney Company Inc reported strong profits for the second quarter on Tuesday. The improved profits followed positive results from several other store chains on Monday, indicating some retailers
      Reuter  -  156 words
    • COMPANY BRIEFS
      • Article
        Aerospace firm Fokker's interim profit down 38pc
        78 7 AMSTERDAM Profits at Dutch aerospace company Fokker plunged 38 per cent in the first half of 1992 and the company warned on Tuesday that earnings would be even worse in the second half. Net profit fell to 26.3 million guilders (5525.6 million) from
        78 words
      • Article
        Pepsi's diet version of clear cola
        97 7 NEW YORK After taking the colour out of cola, Pepsi has taken the calories out as well. On Saturday, Pepsi introduced Diet Crystal Pepsi, a no-calorie version of its clear cola. Crystal Pepsi was introduced in test markets in Colorado, Dallas and Rhode Island
        97 words
      • Article
        Turner Broadcasting to expand
        74 7 ATLANTA, Georgia Turner Broadcasting System Inc on Tuesday said its improved financial platform permits the company to continue investing in its businesses, particularly the expansion of international activities. The company said it was encouraged by its revenue growth in the second quarter ended June 30. Its
        74 words
      • Article
        PolyGram's interim earnings up
        72 7 AMSTERDAM Recorded music giant PolyGram NV said on Tuesday its first half earnings surged 16 per cent helped by strong US sales by stars like Billy Ray Cyrus, Def Leppard, U2 and Elton John. PolyGram, which is 80 per cent-owned by electronics company Philips, said net
        72 words
    • Article, Illustration
      America's biggest mall
      35 7 BLOOMINGTON, Minnesota A giant Snoopy welcoming visitors to the Mall of America during its grand opening here on Tuesday. The mall is the largest, fully enclosed retail complex in the United States
      35 words
    • Article
      Lock icon De Beers' profit drops 26pc, hit by recession, smuggling
      292 7 Reuter JOHANNESBURG The giant De Beers diamond group announced a 26 per cent drop in half-year net profit, saying the global recession had hit demand and smuggling had swelled supplies. It warned that worse could follow. "The overall result is likely
      Reuter  -  292 words
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      154 4 mißitif-PAGES• STII sinks 26 points 18 Nikkei falls slightly 24 Seoul hits 56-month low 25 C. T. HOO Singapore #01-22 Tanglin Shopping Centre. Singapore 1024. Tel; *****47, *****43. CORPORATE TASTE n the Kuala Lumpur a p centre for executives. Our vir boasts the only and provides menu of business and
      154 words
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      112 5 Bfc* 3| B. w H^B-■ Hi un|ii 4m >^HHHBP3M^PflH|jH|^9ffiK t t ■~+jg^E&z!fl jBM 9 Ejfl itaupA Our network of 8747 freighter services can now take more of your cargo to more of the world. Because we now have additional services to Los Angeles, Copenhagen, Brussels and a new service to
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      154 6 r f4 t After a hard day in the business jungle, r f V** you may like to talk to our headhunted it t r s i :**> IpB*3 There's no better base for adventures in the business jungle than Hyatt Kinabalu. A superb location and outstanding executive facilities, make
      154 words
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      Page 6 Advertisements Column 2
      11 6 Tokyo investors unmoved by efforts to woo them back, Pg 13
      11 words
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      72 7 BUSINESS TIMES Toll tree Tel No 737 0043 'Fax No: 734 3698 'Jfxme For Investment jmBP >^3^^!r3S3 S tunning new waterfront home, full brick 4 Bedroom, 4 Bathroom, Spectacular coastal views, Architecturally destined with huge living areas open to in-grvundpool, 4 car Garaging Security. Air conditioning Quality inclusions throughout Land
      72 words
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      Page 7 Advertisements Column 2
      174 7 4,150 cc, VB, quad cam, 32-valve Maximum power 270ps/6,ooorpm ABS and traction control system Multi-link rear suspension Duet EA-II SRS airbag Pre-tensioner front seat-belts Automatic climate control system and heat insulated glass Power seats, automatic driving position Full leather upholstery Environment friendly Nissan 3-year warranty 0 f AKTP\ l/mrvnfY"\ ICWTTT
      174 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Foreigners may buy Indon bank shares next month
        72 8 JAKARTA Indonesian Finance Minister Johannes Sumarlin said government regulations to allow foreigners to buy bank shares could be ready next month. Expectations of an end to the ban has been buoying bank shares for months on the Jakarta stock market with foreign
        72 words
      • Article
        Banks to sell commodity funds
        54 8 TOKYO Japanese banks will start selling commodity funds, a fast-growing financial instrument in Japan, to local institutional investors from this September, financial industry sources said. This will be the first time banks have sold the funds. Up to now, they have been marketed by trade
        54 words
      • Article
        Asian Bank/AB Capital income up
        73 8 MANILA The Asian Bank and AB Capital group of companies posted a consolidated net income of 112 million pesos in the half year ended June 30, up 40 per cent from last year's 80 million pesos, officials said. Francisco Dizon, president and chief executive officer
        73 words
      • Article
        Commercial Union hit by loss
        53 8 LONDON Commercial Union pic, the British insurer whose headquarters was devastated by an Irish guerilla bomb four months ago, said yesterday it lost £18.1 million in the first half of the year. The company said it provided £15 million for the bomb damage to its
        53 words
    • Article
      Lock icon Political influence at US thrift cleanup agency, document shows
      347 8 Reuter WASHINGTON The government's top lawyer for prosecuting wrongdoers in the thrift debacle ordered his staff to give special treatment to politically connected lawyers referred for jobs by Bush administration officials, a document released showed. The action raises troubling questions about
      Reuter  -  347 words
    • Article, Illustration
      Simex may soon face competition from Globex
      428 8  -  But S'pore futures exchange head says it won't be significantly affected By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange may face some competition in the future from screen-based Globex which starts trading Eurodollar futures on Monday. Simex chairman Francis Yeo, however,
      428 words
    • Article
      Lock icon China plans to computerise share trading, banking
      429 8 Reuter SINGAPORE China plans to set up a nationwide computer clearing network to link banks in major cities and a computer trading and clearing system for stocks, a senior Chinese government official said. Li Ye, general director of the financial science and technology
      Reuter  -  429 words
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      173 8 HHpJ :9 Weve specially fitted the classic Volvo 240 with more than $11,000 worth of luxuries at absolutely no extra charge. H|HH[H WT BEL Inside, you'll sink into the tactile comfort of hand sewn leather seats. Your hands will grip a sporty leather bound MMBBBPIMBy Z- M steering wheel. And
      173 words
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  • THE REGION
    • Article
      Lock icon Japanese firms not giving top jobs to us, say M'sians
      393 9 But Japanese cite problem of language barrier AFP KUALA LUMPUR Malaysians, having played host to Japanese multinationals for more than a decade, are protesting against what they see as a conservative Japanese business philosophy that keeps them out of top
      AFP  -  393 words
    • Article
      Lock icon Manila seeks industrial fund of up to US$100m from Taipei
      272 9 AFP MANILA The Philippines has asked Taiwan to provide up to US$lOO million (S$ 161 million) for a fund for industrial projects and has offered it the use of an airstrip soon to be abandoned by US forces, the Trade
      AFP  -  272 words
    • Article, Illustration
      Thai tourism officials foresee early recovery for industry
      392 9 BANGKOK Thailand's tourism industry will make an early recovery, the Bangkok Post reported on Tuesday, quoting an industry spokesman. Tourist arrivals in recent weeks indicate a much faster recovery than earlier expected, the report said quoting the Association of Thai Travel Agents'
      392 words
    • Article, Illustration
      Lock icon Thai army chief replaced as railway head
      196 9 Reuter BANGKOK Thailand's interim government has replaced army chief Vimol Wongwanich as state railway chairman, its latest move to limit military power since troops killed scores of prodemocracy protesters in May. The Cabinet, meeting on Tuesday, appointed former finance minister Suthee Singhasaneh to
      Reuter  -  196 words
    • Article
      Lock icon Asia still fears Japanese military resurgence: poll
      508 9 UPI TOKYO Fears that Japan is on the road back to militarism are not dying out in Asia, according to an opinion poll released by the Foreign Ministry, and officials said that was due in part to a new law sanctioning the dispatch
      UPI  -  508 words
    • Article
      Lock icon Aussie budget deficit not as high as speculated: treasurer
      280 9 Reuter SYDNEY Australian Treasurer John Dawkins said yesterday that speculation that the budget deficit for the year to June 30, 1993, would be A 514.5 billion (Ssl7 billion) is on the high side. He said in a radio interview that there
      Reuter  -  280 words
    • NOTE BOOK
      • Article
        Manila sets target of 1.1m in tourist arrivals
        72 9 MANILA The Philippine Tourism Department said here yesterday it was targeting tourist arrivals to hit 1.1 million this year as arrivals in the first semester rose by 17.76 per cent. Tourism spokesmen said the "Visit Asean Year" campaign and the country's renewed
        72 words
      • Article
        NZ deficit drops to NZ$329m
        54 9 WELLINGTON New Zealand's trade deficit for the year to March was NZ$329 million (SS2B7 million), revised figures released yesterday by the Department of Statistics revealed. In the same period to March 1991, the deficit was NZ$2.OB billion and in calendar 1991 the revised deficit was
        54 words
      • Article
        Thai-Japanese trade panel mooted
        67 9 BANGKOK The Thai Board of Trade has proposed that a joint Thai-Japanese committee be set up to promote and develop support industries in Thailand to narrow the country's trade deficit with Japan, The Nation reported. A Japanese delegation said during a visit to Thailand last week
        67 words
      • Article, Illustration
        Red Nose Day Down Under
        62 9 SYDNEY New South Wales Minister for Transport Bruce Baird and patron Kathryn Greiner wearing plastic red noses after unveiling a red nose attached to a bus at Sydney's Darling Harbour yesterday. They were officially launching national Red Nose Day, a yearly event to promote awareness
        62 words
      • Article
        Thai garment makers optimistic
        63 9 BANGKOK Thailand's garment exports are expected to reach this year's target of 100,000 million baht (556.3 billion), according to Thai Garment Manufacturers' Association's* president Viroj Ammatakulchai. Exports during the first six months totalled 40,000 million baht. But exporters needed to be more prepared for changing situations
        63 words
      • Article
        Somalia to get A$3.5m in aid
        43 9 CANBERRA Canberra said yesterday it would provide A 53.5 million (Ss4.l million) in aid to drought and war-torn Somalia. The Australian relief package includes food aid worth As2.o million and the rest cash grants for aid agencies.
        43 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      363 9 BUSINESSTIMES To« It— TW Ho 737 00*3 Fax Wo: 73* 3606 I NOTICE i NOTICE IS HEREBY GIVEN that, I Lim Poh Ching of Blk 279 Yishun Street 22 #07-322, S'pore 2776 have applied for a Retail Beer Shop Licence in respect of premises at M/s Aik Ching Mini Market
      363 words
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      Page 9 Advertisements Column 2
      169 9 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. the J SINGAPORE Call 733 8888 far reservatumy I Cuaraden Road Orchard Road) iulet parking Singapore 1024 BUSINESS TIMES Toll free Tel No 737 Q043 'Fax No: 734 3698 ASIA I*s©?'92
      169 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        S Africans urged to resume democracy talks
        71 10 PORT LOUIS The Commonwealth Parliamentary Association (CPA) has urged South African nationalist movements and the government of President FW de Klerk to resume democracy talks on setting up an interim government. "It is necessary that the Convention for Democracy in South Africa (Codesa)
        71 words
      • Article, Illustration
        South Korean dissident freed
        38 10 SEOUL Well-known South Korean dissident leader Kim Kun Tae hugging one of his sons yesterday after he was released from jail. He served a two-year prison term for violating the country's tough security laws.
        38 words
      • Article
        N Korean GNP falls 5.2pc: Seoul
        71 10 SEOUL North Korea's economy showed signs of sharper decline in 1991 because of loosening economic ties with former communist allies and poor domestic output, a survey by the central bank of arch-rival South Korea said yesterday. Seoul's Bank of Korea (BoK) said North Korean
        71 words
      • Article
        Latvia now in World Bank
        52 10 WASHINGTON The World Bank said that Latvia had become a member of the lending agency and its affiliate, the International Development Association (IDA). To fulfil its financial obligations as a member of the Bank, Latvia is making a payment of US$5.7 million (559.2 million) to
        52 words
      • Article
        German inflation steady in July
        46 10 WIESBADEN, Germany Retail prices in western Germany were unchanged in July, the Federal Statistics Office reported here yesterday. Over the previous 12 months, prices rose 3.3 per cent, representing no change over the year to June, it said, giving definitive figures.
        46 words
      • Article
        US$1.4m reward for Escobar
        43 10 BOGOTA, Colombia The Colombian government was to offer a US$l.4 million (552.2 million) reward for the arrest of fugitive drug lord Pablo Escobar in a full-page advertisement to appear in national newspapers yesterday, newspaper staff said the day before.
        43 words
    • Article, Illustration
      Lock icon Support for Maastricht pact shrinking in France
      649 10 Close vote expected in referendum next month IHT PARIS Prospects that the French may vote non or, at best, a limp oui in the referendum on the Maastricht Treaty are starting to pile up like clouds on the political horizon here. The official
      IHT  -  649 words
    • Article
      Lock icon Non-farm productivity in US up 2.3pc
      321 10 UPI WASHINGTON The productivity of US non-farm workers in the second quarter climbed 2.3 per cent, the US Labour Department said on Tuesday, as businesses kept costs down. The increase was accompanied by decreases in hourly wages and hours worked, and it follows revised
      UPI  -  321 words
    • Article, Illustration
      Lock icon UK gets good news on inflation but bad news on mortgage rates
      489 10 Reuter LONDON Britain's beleaguered government got some goods news on inflation on Tuesday but a decision by one of the country's smaller mortgage lenders to raise interest rates dented hopes of an early end to the longest recession
      Reuter  -  489 words
    • Article
      Lock icon Republican manifesto slams top US corporations over values
      351 10 USPRESIPENTIAI: MW Reuter, AFP, NYT HOUSTON Republican manifesto writers were considering on Tuesday adopting party policies accusing some of the largest US corporations and banks of undermining key American cultural values. At the same time, writers of the manifesto, known as a
      Reuter,; AFP,; NYT  -  351 words
    • Article, Illustration
      Lock icon Israel looks set to get loan guarantees
      515 10 US congressional leaders optimistic about approving up to US$l Ob Reuter WASHINGTON Congressional leaders say they are optimistic that Capitol Hill will approve up to US$lO billion (5516.1 billion) in Israeli loan guarantees after President George Bush announced an agreement in principle with
      Reuter  -  515 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      213 10 Petro^^B 4th International Petrochemical Conference 17-18 September 1992, Raffles City Convention Centre, Singapore Petrochemicals Into the Next Century National Petroleum/Petrochemical Companies' Downstream Integration: Impact on Trade Private Manufacturers Development of End-User Industries: the Effect on the Petrochemical Industry Environmental Care and the Development of Petrochemical Industry: A Cross Regional Study
      213 words
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  • SPORTS
    • Article, Illustration
      Lock icon Faldo sweating for place in history
      567 11 World number one preparing meticulously to become first European to win US PGA title AFP ST LOUIS, Missouri If Nick Faldo doesn't become the first European to win the US PGA championship here on Sunday, it won't be because he wasn't prepared to sweat
      AFP  -  567 words
    • Article, Illustration
      Lock icon Olympic losers rebound in Monte Carlo
      586 11 AP MONTE CARLO World i champions Carl Lewis, Sergei i Bubka and Nourredine Morceli all had Olympic disappointments but rebounded in the first major track meet after the 1992 Summer Games. Lewis returned to the individual sprint and won handily over a tough field.
      AP  -  586 words
    • Article
      Lock icon Pro boxers allege exploitation by managers and promoters
      368 11 AP WASHINGTON Fighters often are exploited by managers and promoters, three professional boxers charged on Tuesday at the outset of hearings described by a US senator as "a requiem for a heavyweight sport". One by one, Dave Tiberi, Bobby Czyz and James
      AP  -  368 words
    • Article
      Auto GTI to sponsor Super Challenge
      161 11 SINGAPORE The main sponsor for the tennis Super Challenge on Oct 2 at the Singapore Indoor Stadium will be Auto GTI. The main exhibition match of the evening will be between current Wimbledon champion Andre Agassi and John McEnroe. Preceding that match will be
      161 words
    • SIDE LINES
      • Article
        Bush lauds US Olympians as winners
        74 11 WASHINGTON President George Bush on Tuesday welcomed home the US Olympic team, telling the athletes at a White House ceremony: "You know what it means to make America a winner." With wife Barbara at his side in a brief East Room ceremony, he ticked
        74 words
      • Article
        Official reception in Beijing
        69 11 BEIJING The second and last group of Chinese athletes to return from the 25th Olympic Games received an official welcome home at Beijing Airport on Tuesday. They were met by Education Minister Li Tieying and Central Military Commission chief Gen Yang Baibing as well as a
        69 words
      • Article
        Heroes' welcome for Greeks
        61 11 ATHENS Greece held a heroes' welcome on Tuesday night for its two gold-medal winners the country's best showing ever. Paraskevi Patoulidou and Pyrrhos Dimas were driven to the marble stadium in central Athens where the Olympic Games were reborn in 1896 and greeted with an 11-cannon
        61 words
      • Article
        Cuba confirms '96 attendance
        78 11 MEXICO CITY Cuban leader Fidel Castro confirmed on Tuesday that Cuban athletes would definitely attend the 1996 Atlanta Games, and revealed the secret of the country's success this time around "The secret lies in the fact that the revolution made sport a right of the people."
        78 words
      • Article, Illustration
        And now... Atlanta
        36 11 ATLANTA Atlanta Olympic Committee president Billy Payne shaking hands on Tuesday with Whatizit, the mascot for the Olympic Summer Games in Atlanta in 1996. Payne and Whatizit arrived here on Tuesday from Barcelona.
        36 words
      • Article
        India to frame sports policy
        56 11 NEW DELHI India will frame a comprehensive sports policy following a national outrage over its disastrous med-al-less showing at the Barcelona Olympics, a minister informed Parliament on Tuesday. The new policy, which will be ready next week, will seek to inject professionalism in sports bodies
        56 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      43 11 CALLING ALL TELEVIEW USERS! l SPH SHINE! Come into our exciting travel database and experience the convenience of planningyour holiday electronically! And don't forget to enter our Travel Talk* contest by simply submitting your J travel tips! And be on your Yashica cameras!
      43 words
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      Page 11 Advertisements Column 2
      139 11 Now you can sing your heart out at our sleek j Karaoke Pub and enjoy your own renditions of |H||||j j| hot hits. Sharing the limelight is Sue Parry, f u Australia's golden girl of the Perth Wildcats' fame. Watch her sizzle, belting out top hits and your favourite numbers.
      139 words
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  • Article
    More reforms please, Ramos
    480 12 EDITORIAL PRESIDENT RAMOS of the Philippines has taken a bold step in scrapping his country's remaining foreign exchange controls. The move, which will end 40 years of controls on foreign exchange, will give the long-suffering country a much-needed boost in its efforts to catch up with
    480 words
  • WHAT THE OTHERS SAY
    • Article
      Staying competitive
      257 12 ULTIMATELY, it is the value the global market attaches to the goods and services Singaporeans produce that determines how good a life they can enjoy. That entails staying competitive vis-a-vis people who produce similar goods and services worldwide and, if possible, leapfrogging them altogether. This means not just
      257 words
    • Article
      The Olympic spirit
      106 12 THE END of the Cold War has brought a new impetus for the Olympic Games. This can be discerned from the just ended Barcelona meet that had successfully gathered the highest participation so far. New records were set. The glory and ecstasy of the Games could be
      106 words
    • Article
      Review our sports policy
      125 12 IF OUR sports policy remains unchanged and standards are not improved, the day may come when we suddenly discover that we do not qualify to participate in even one sport in the Olympics. The small population in Singapore imposes much constraint on our nurturing of sports
      125 words
  • REGIONAL VIEWPOINTS
    • Article
      Hiring foreign workers
      150 12 EARLIER newspaper reports concerning large numbers of Chinese employees at PT Indah Kiat, the country's largest paper producer, prompted Indonesia's Mines and Energy Minister, Ginandjar Kartasasmita, to question PT Indah Kiat's motives in importing so many Chinese labourers to Indonesia. The public should realise, however, that the
      150 words
    • Article
      The waiting game
      173 12 EVENTS are veering out of control in Bosnia-Her-zegovina. But the world's leaders are still playing a waiting game which only adds to the thorns in the thickets of world diplomacy. Indeed, the issue goes beyond the humanitarian plight of being in dire need of food and medical
      173 words
    • Article
      Stiff competition ahead
      179 12 TRULY, international structural factors are rapidly changing. How will Asean economies, and especially Malaysia, face up to the challenges ahead? Asean countries will have to adjust to the upcoming competition from these newly-emerging developing countries. They should study these global developments and prepare policies and plans to
      179 words
  • Article
    Lock icon Corporate divination is a tricky business
    1196 12  -  Market analysts are earning big money so why aren't their forecasts more accurate? Susan Antilla reports Susan Antilla NYT Wall Street analysts can earn as much as US$l million (S$ 1.6 million) a year, and superstars among them can demand and get their own
    NYT  -  1,196 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      403 12 Singapore Business Luncheon Talk A complex, ever-changing business climate challenges today's □RS3HH organisations. To prepare for the ever-competitive market, it is vital that Robert w your company is managed by capable people. Companies need to recruit and develop people with potential. To do so, otticer? 31^ they must accurately Development
      403 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      71 12 DOONESBURY BY GARRY TRUDEAU you'VE BEEH Tueu.YES, igueszI rrutfs 1 i KMMJ.. join mur* are yni you're me tfxingtoget I ihave.iwufeas nothing but i guess riu Tie Nun*xij 20 YEARS IN TOUCH KJITH A MXKJN6 MOTHER OF THE ALMJAYS WONDER IF CLUB J LUANHA HAVE AGO? WHAT ME.HAVEJTT G 50/HES&
      71 words
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  • ANALYSIS
    • Article
      Lock icon Employing slippery devices to circumvent US law
      752 13  -  US presidents Reagan and Bush were confronted much of the time by laws they did not like and Congresses that would not change the law. Anthony Lewis looks at how they dealt with this problem Anthony Lewis NYT FROM a constitutional perspective, the
      NYT  -  752 words
    • Article, Illustration
      Lock icon Tokyo investors unmoved by efforts to woo them back
      571 13 Japan's individual investors have reacted coolly to the recent plunge on the Tokyo market FT SALES CLERKS at the Nomura Securities branch in Ginza, the central shopping and business centre of Tokyo, sit around idly behind empty counters. They fail to
      FT  -  571 words
    • Article, Illustration
      Optimism reigns in Woolies float
      1208 13  -  How will Australians respond to the A 52.5 billion float of grocery chain Woolworths Ltd? Florence Chong reports from Sydney Florence Chong Australians have dug deep into their pockets to buy shares in the country's newest listed companies. Last month, Australian investors oversubscribed the float
      1,208 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      194 13 business TIMES Toll free Tel No 737 0043 -Fax No; 734- 3698 I Ati Golden Hope I I Plantations Berhad I I I (Incorporated In Malaysia) I I Golden Hope I I NOTICE OF CLOSURE OF I I REGISTER OF MEMBERS FOR 1 I RIGHTS ISSUE ENTITLEMENT I I NOTICE
      194 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      877 14 W'Hffl Nothing Beats A Bud. where to wine, dine or Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our stnng quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge. Hyan Regency Singapore 10-12 Scons Road Singapore
      877 words
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      Page 14 Advertisements Column 2
      382 14 ARgA REA tym fT? To experience the beauty 3?tern* sr and mystique of Tahiti, Mere, a delectable spread of Tahitian specialities as u>ell as the sensuous rJ Tamure dancers, beckon you. Come to the Qe T3 Area -Rja Tahiti 'Promotion and see the S/Vfl magic of island-living unfold before you.
      382 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      722 14 TELEVISION AND RADIO m 1 "1 "1 "1 car 19 yV 12.30 AM Cheers Smotherly 4.30 No One But You. niIQIMCCC AW RArvrtP- Friends and lovers —issssss rr" A X XVt'XXVXkJ C4XX\X T V/X kj 7.25 PM Opening followed b) The 5.55 Today in History (M) BBC, 88.9 mHz in
      722 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The Boss finds paradise
      715 15  -  With the birth of his son, Bruce Springsteen discovers the path from 'the mythic world into the real world'. Stephen Holden interviews The Boss Stephen Holden NYT Last year, shortly before marrying his former backup singer Patti Scialfa, Bruce Springsteen was seized with an intense creative
      NYT  -  715 words
    • Article
      Lock icon The last word in words
      515 15  -  Richard Shepard is not short of words while flipping through the new Roget's thesaurus Richard Shepard NYT ITS NOT easy to be at a loss for words when it comes to writing about the new fifth edition of Roget's International Thesaurus. It's big and voluminous,
      NYT  -  515 words
    • Article, Illustration
      Nothing beats good, old-fashioned push-ups
      383 15 CHATTERS^I MILLIONS of dollars were spent on high-tech special effects for the film Death Becomes Her, co-starring Meryl Streep, Bruce Willis and Goldie Hawn, but one of the most effective tricks was done the old fashioned way: manually. It was the scene in which Streep,
      383 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      249 15 AND ENTERTAIN WSMI ■■bpihhi JIHKh VI MH I The musical magic of FRANK ROBIN arrives at Ridleys. Catch their versatile act of country and western contemporary hits at happy hours. All drinks at half price j thnrn hniirc ANA HOTEL during these hours SINGAPORE Moa to Thar 6pm to 10
      249 words
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      Page 15 Advertisements Column 2
      65 15 MINTON The Rcitanraat For an or dinner, tempt your client with our SteaU, JB (filled Salmon and muck more from our extensive a la carte spread. ;At prices even your accountant will be pleased wifhl CJt's atMinton's, right in the heart of Orchard Road. ;Also available, £xec«Hvc Set Lunck Dinner
      65 words
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      Page 15 Advertisements Column 3
      221 15 BIG CLAMchS PROMOTION AT fT/Q NISHIKI!^ Big Hamaguri dams from Japan! Rare, succulent, incredulously tasty and cooked in the style that suits your I taste-buds! 1 Priced at only S$ 12.00+ per order for 2 pieces. Available In August for lunch and dinner. For reservations, please call 322 4224. Our
      221 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Coca-cola unit sells keropok in S'pore
      533 16  -  Sylvia Wong reports on a bid to take the snack into retail mainstream Sylvia Wong COCA-COLA Co selling keropok in Singapore? It may be hard to imagine the US beverage giant peddling the humble local tidbit, but it will. Its Singapore unit has high
      533 words
    • Article, Illustration
      Lock icon US brewer tries to polish image with campaign for literacy
      455 16 NYT Actresses like Kathy Bates, Dixie Carter and Joan Van Ark; political figures like Senator Nancy Landon Kassebaum, congresswoman Pat Schroeder and the specchwritcr Peggy Noonan; Elizabeth Dole, president of the American Red Cross, and even the comic-strip character Blondie,
      NYT  -  455 words
    • Article, Illustration
      Outlet with similar name upsets TGIF
      357 16  -  What's in a name? Plenty at stake when it comes to wining and dining. Hong Lee Tiam talks to TGIF Diners and TGI Friday's. Hong Lee Tiam LOCAL entertainment operator TGIF Diners Pte Ltd is upset that another company has refused to drop the
      357 words
    • Article, Illustration
      Courts S'pore to embark on 50pc expansion in next 2-3 years
      501 16  -  By Hong Lee Tiam IN AN aggressive bid to maintain its nwket share, Courts Singapore will expand its operations by 50 per cent in the next two to three years. In an interview with BT, Albert Elphick, local managing
      501 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      87 16 THERE'S NO PLACE *11K E THE NEW ORLEANS nn Park View Singapore You don't 'eat' at The New Orleans. Or even 'dine' at The New Orleans. You experience The New Orleans. Authentic continental cuisine practically impossible to find in this part of the world. An ambience that's sheer magic. With
      87 words
    • Advertisement
      Page 16 Advertisements Column 2
      48 16 43,230 sq. ft viewed land in the heart of the Gty zoned for multi-family high rise available with all approved Development Plan for 103 condo units plus 6 townhouses. Asking Canadian $85 per sq. ft, buildable. For more information, call: Miss Chan Yeow Lee Tel: *****52 Fax: *****34
      48 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      300 17 r Prime space now available at 27% off. We really stretch ourselves so including Limousine transfer. much more in First and Business 2nd Prize Two Oantas Class. Especially now with 27% off Class return tickets to any one of all our International flights on First Hk our Australian destinations. Plus
      300 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      SHI sinks 26 points on another wave of sell orders
      3930 18  -  By Sylvia Wong ANOTHER WAVE of sell orders hit the local stock market yesterday, sending the Straits Times Industrials Index further south to a new four-month low. The benchmark index shed 26.68 points to close at 1,366.23 yesterday, chalking up
      3,930 words
    • Article, Illustration
      Lock icon HOT STOCK
      71 18  -  Quak Hiang Whai THE monthly chart for Sembawang Shipyard shows the stock is in a correction phase of an upward trend. As long as the longer-term support of $5.80-$6 holds, the stock stands a good chance of moving up after its recent downturn. Low daily and weekly stochastics,
      SOURCE: BRIDGE INFO  -  71 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      50 18 CALL MILANO'S HOT DELIVERY HOTLINE NOW! i 468-2222 for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I I Office/Home Delivery Hours: Daily from 11.00 aAi onwards (including Public Holidays). FREE delivery for a minimum order of $10.00 $3.00 surcharge for delivery after 11.00 pm. WILANO All'hxH&i AHHcmatlfle mmmmmmmmmmmmml
      50 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2460 19 555 +10 +1.8% SSF 25* 139 +3 +2 2% Amcol 25* 250 +2 t-0 8% Apolto ,73 +X.X HonRuch, 25« 48 fl +2.1% '27 f0 8 60 f +1.7% SAfc «.5 I2| +1 i o u% JJOL Wt 97 34 fV, +?U Burwill 10*2000 77
    2,460 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      103 19 i v YOUR KEY TO I JSINESS de QSIONS! on Review, which incidentaJly is die most graphs latCst rcsu,ls team: T S Uu on 740 1035, Hazel Ong on 740 1771 videotex! system in the world. orTonyChia M Shine Company Research a a high value- <k 0n740, 33 «Ued package
      103 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3193 20 MAS 364 8 2.2% Leader U 610 +5 +0 8% Ind Oxygen 50* 53 3V, +7.1% Golden Plus H 109 +3 +2 8% H Leung Credit 284 +3 +1.1% Bedford 50* 54 +2 3 8% UMW 288 +2 +0.7% GIL US$0.10 84 +1 +1.2% Landmarks
    3,193 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      756 20 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN Hot, I Sim Kim Chong of Blk 509, Ang Mo Kio Ave 8, #06-2726, Singapore 2056, have applied for a First Class (Extended) Public House licence in respect of premises at
      756 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices end mixed to easier on lack of fresh leads
      4253 21 Bernama SHARE prices on the Kuala Lumpur Stock Exchange closed mixed to easier on selling activity yesterday. The KLSE Composite Index dropped 3.23 points to 594.57 while the Emas Index was 0.92 of a point lower at 143.82. The Industrial
      Bernama  -  4,253 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      DIVIDENDS ANNOUNCED
      493 22 Current Ex Books Data Total for Total lor payment data dose payable tke year last year N» Mdp 50c 61(b) Aug 26 Sep 7 Sep 24 6% 6* tool 25c 10% Aug 21 Aug 27 Sep 10 10* 10* Asa Pac Id 50c 2*(b) Jul 23 Aug 6
      493 words
    • Article
      APPROVED ISSUES
      190 22 Company Rights Issue OUT One-for-two $1.50 pef share Ex-date: Aug 19 Boohs dose Aug 29 Acceptance Payment NVA Company Bonus Issue Amcd One-forthree Ex-date Aug 21 Books dose: Aug 27 Ha Sui H* One-forfour Ex-date: Aug 17 Books dose: Aug 21 HaiSuimtNt Issue of up to 9.718.750 new
      190 words
    • Article
      PROPOSED ISSUES
      508 22 Company Rights Issue Hfanc* Tech One-tor-one $100 per share Anal SM One-for three M$2 20 per share Issue of *****m SOS Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscription Rights (TSR) for an aggregate price of M$1 per CRPS with
      508 words
    • Article
      CORPORATE DEVELOPMENTS
      294 22 Aug 11 Malaysian casino operator Resorts Worid 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. A wholly-owned subsidiary of Amalfamated Sted Mfc Bhd, Parkson Corporation Sdn
      294 words
    • Article
      AUDITED RESULTS
      227 22 Company Date Year Group Net Net earnings Cross ann 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) Polytek Aug 5 Mar 92 $499L($15) 15TE(3TE) OAF ltd Aug 5 Mar 92 $6 315(11 080) 2 2(0 3)
      227 words
    • Article
      PRELIMINARY RESULTS
      225 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss <L) P«' share dividend ('000) (cents) Hamuntmg Aug 7 Mar 92 M$41.394($21.0U) 2.9(13) 1(15) M Plantations Aug 7 Mai 92 MJJ.118LgiS3.b98) (2) Malayawata Aug 4 Mar 92 M$bl.473tS51.065> 3/ 8(37 5) 15TE(7.5TE) Beriaya Grp Jul 31 Apr
      225 words
    • Article
      INTERIM RESULTS
      369 22 Company Date Hall-year Group pre-tax Interim ann to profit/loss (L) dividend COOO) Keppel Corpn Aug 12 Jun 92 $131.205(S122.825) Goldtron Aug 11 Jun 92 X9.565(S8.384) 8TE(—) Keppel Finance Aug 11 Jun 92 $4,672($4.166) Sungei Way Aug 10 Jun 92 M$20,140($11,775) Cheung Kong Aug 7 Jun 92 $136,677d(119,074d) 5(5)
      369 words
    • Article
      COMPANY MEETINGS
      167 22 Hai Shi froup Ltd: 14th AGM EGM at East India Rooms, Raffles Hotel, 1-3 Beach Road, Singapore 0718, on Thursday, August 13, at 11.00 am GP Batteries International Ltd: EGM at the Oriental Hotel, Ballroom 2, 5 Raffles Avenue, Marina Square, Singapore 0103, on Thursday, August 13, at
      167 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 22 In local curr In SS In USS dy >t dy yr dy >t Aug 11 Index chge chge chgv chge chge ch# World 366.0 -0.6 -10.4 -0.7 -10.8 -0.7 -10.2 *EAFE 413.6 -1.0 -17.6 -1.0 -17.5 -1.0 -17.0 Europe 390.2 -0.7 -5.1 -0.9 -2.7 -0.9
      360 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    593 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Both markets end lower in aftermath of riots
      366 23 CLSA THE Shenzhen stock market resumed trading yesterday on a turnover of 300 million renminbi. The market posted a 2-per-cent gain after the morning session. But prices began to slide later when large sell orders from Shanghai led the CLSA Shenzhen A
      CLSA  -  366 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Market closes lower on poor interim results
      912 23 SHARES yesterday fell in dull trading, caused by the market's concern over poor first-half results of local companies, brokers said. The Official Index fell 3.63 points to 310.57 on a turnover of 2.23 million shares. "Volume is thin, there is concern over the
      912 words
  • Article
    STOCK EXCHANGE OF THAILAND
    1558 23 Vol Aug 11 Baht (-00) PE A.J. Plast 42.75 0.25 65 22.2 Adkinson Sec 258.00 -6.00 564 17.9 Alucon 132.00 2.00 180 22.0 Am Std Sanitary 400.00 30.00 15 14.1 Aokam Thai 41.50 3.75 4716 40.3 Asia Credit 133.00 -1.00 825 17.9 Asia Fiber 45.00 0.50
    1,558 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      86 23 The stock market was closed for a public holiday yesterday. The prices and figures carried are those of Aug 11. t I I rid I TVdil oo.jv/ ~r \J.JSJ 7JV I J.r i ==I::::::=:=::==== ==========ZZZZ=ZZ=^ —_______———L—— I fr I I 111 I I H 111 II H I I II
      86 words
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      Page 23 Advertisements Column 2
      13 23 DAUGHTERS OF DIVORCE .V :roa-\ Um v--v r GET IT NOW 66 AUGUST
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei down slightly but volume picks up
      2541 24 Reuter STOCKS closed modestly lower yesterday after see-saw-ing in a narrow range. The Nikkei Average slipped 48.77 points or 0.33 per cent to 14,773.79, another 77-month low. While the market remains stuck in a malaise, a slight pick-up in volume gave faint grounds
      Reuter  -  2,541 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Sharp gains cut by Allied suspension
      2515 24 Reuter SHARE prices dipped moderately yesterday, as sharp morning gains were pared in late trade by news of the suspension of the 10 Allied Group companies amid unconfirmed market talk that a government inspector had been appointed to examine the group's books. The blue-chip
      Reuter  -  2,515 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market falls to 17-week low as A$ slides further
      2039 25 Reuter A local dollar was the final straw for a nervous Australian share market, which fell through a key support level to close at a seventeenweek low yesterday. "It's been a very difficult day," said one broker, adding that concerns about
      Reuter  -  2,039 words
  • REGIONAL STOCK MARKETS
    • Seoul market tumbles to 56-month low
      • Article
        SEOUL
        800 25 i SEOUL'S depressed stock market tum- Wed in lethargic trade yesterday to close at the lowest level since December 1987, brokers said. "Today's market was featureless. DeI clines for no special reason were seen across the board," said Park Sang-joon of Hanshin Securities. The Composite Stock Index ended -9.79
        800 words
      • Article
        NEW ZEALAND
        293 25 HEAVY selling in Fletcher Challenge Ltd yesterday dragged the New Zealand share market's NZSE-40 Capital Index below 1,500 for the first time in three months. "It's not just in absolute terms of what they have done to the index but how they have affected sentiment," Ord Minnett's John
        293 words
      • Article
        MANILA
        560 25 SHARE prices closed firmer in light trade yesterday as market leader Philippine Long Distance Telephone Co (PLDT) staged a rebound on technical factors, brokers said. The Manila Stock Exchange Composite Index rose 25.58 points to close at 1,471.25. "Primarily, the stocks went along with PLDT, which made a rebound
        560 words
      • Article
        TAIPEI
        482 25 TAIWAN'S stock index sank 1.4 per cent to close at a 19-month low yesterday, dragged down by the weakness of the Tokyo share maricet and tight liquidity in the domestic money market, brokers said. The Weighted Index, which was down 69 points at one stage, closed 56.67 points off
        482 words
      • Article
        BOMBAY
        106 25 SHARE prices on Tuesday withstood late profit-taking to finish higher after prices rose sharply in early trade, brokers said. "The market was boosted by good rains," said broker Anand Diwan said. 'That gave everyone something to rejoice." The market opened 30 minutes late and attendance was thin because heavy
        106 words
      • Article
        Untitled
        50 25 Owe Prrriom Aug 12 NEW ZEALAND NZSE-40 Capital 1,496.56 1,514.68 -18.12 MANILA Composite Index 1.471,25 1,445.67 +25.58 Turnover (mil pesos) 275 205 +70 TAIPEI Weighted Price Index 3,901.61 3,958.28 -56 67 Turnover (NTS billion) 21 17.6 +3.4 SEOUL Composite Stock Index 492.66 502.45 -9.79 Turnover (billion won) 90.38 102.09 -11.71
        50 words
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  • WORLD STOCK MARKETS
    • US blue chips pare losses with late rally
      • Article
        Untitled
        118 26 Aug II (lose Previous NEW YORK Dow Jones 3,331.10 3,337.58 -6.48 SAP 500 418 90 419.42 -0.52 Turnover (million) 173.8 142.4 +31.4 LONDON Financial Times 30 1,723.5 1,731.8 -8.3 FTSE 100 2.309.6 2.325.7 -16.1 Turnover (million) 563.9 328.9 +235 FRANKFURT DAX Index 1,564.60 1,582.55 -17.95 AMSTERDAM EOE Index 283.48 285.19
        118 words
      • Article, Illustration
        NEW YORK
        1197 26 A LATE rally in bonds helped US blue-chip stocks recover from their lows on Tuesday, but share prices still ended the day with mild losses. The Dow Jones Industrial Average, which hit a low of around 3,315, closed down 6.48 points at 3,331.10. Losers narrowly edged out gainers
        1,197 words
      • Article, Illustration
        LONDON
        819 26 THE London Stock Exchange closed lower on Tuesday, with share prices continuing to slide after the Tokyo index dropped through 15,000 to another six-year low and the Skipton Building Society announced a 0.5 per cent increase in its mortgage rate to 11.25 per cent. The FTSE-100 Index, which fell
        819 words
      • Article
        FRANKFURT
        207 26 GERMAN shares tumbled again on Tuesday, dropping 1.1 per cent through a key support level to their weakest close in eight months. A delayed reaction to poor German economic indicators last week, lower Tokyo prices, the languishing dollar, selling pressure from domestic institutional investors and downward revisions in corporate
        207 words
      • Article
        AMSTERDAM
        254 26 DUTCH shares closed down on Tuesday but above lows in nervous trade dominated by worries about weak foreign bourses and the sluggish world economy. Concerted central bank dollar buying triggered some arbitrage demand from US investors for blue chips Royal Dutch and Unilever but could not take away the
        254 words
      • Article
        PARIS
        159 26 FRENCH share prices drifted to a low- er close in lethargic summer trade on Tuesday, trailing German stocks in the morning then Wall Street in the afternoon, dealers said. The CAC-40 Index ended 17.42 points or 0.99 per cent lower at 1,737.80 with about 1.5 billion francs' worth of
        159 words
      • Article
        MILAN
        225 26 ITALIAN shares closed broadly lower on Tuesday in very thin holiday trading, depressed by the weakness of leading markets and worries falls on the domestic share and bond markets could put operators under financial pressure. Press comment that Italy may face an autumn of discontent as last month's austerity
        225 words
      • Article
        ZURICH
        269 26 SWISS shares closed firm on Tuesday with buying interest focusing on selected chemicals in low overall volume. Certificates in Roche topped the active list, rising 50 Swiss francs to 3,430. "Roche remains a favourite of local and foreign investors on its good earnings prospects," one trader said. He added
        269 words
      • Article
        STOCKHOLM
        211 26 SWEDISFI shares on Tuesday fell to their lowest levels this year despite a strong finish due to technical trade above the OMX-Index 600-level, and on the concerted central bank support of the dollar. The OMX-Index closed at 611.41, its lowest closing level of the year, after falling during the
        211 words
      • Article
        BRUSSELS
        254 26 GLOOMY economic sentiment on the major stock markets on Tuesday and a new dive in the share price of oil major Petrofina, pushed the Bel-20 Index almost one per cent down at the close. The Bel-20 Index closed down 10.66 points, or 0.95 per cent, at 1,114.76. A slightly
        254 words
      • Article
        JOHANNESBURG
        373 26 DE BEERS' cautioning that the current outlook indicated a substantial cut in its final dividends, saw over 3.2 billion rand worth of value wiped off the market capitalisation of the diamond giant and its associated companies, Anglos, Anamint and JCI on Tuesday. De Beers, which reported its halfyear results
        373 words
      • Article
        TORONTO
        268 26 STOCKS kept to a tight range at slightly lower levels through the afternoon on Tuesday until the close, dealers said. Strength in the US treasury market lifted stocks in the morning, but Toronto quickly fell in line with the pessimistic sentiment in New York, they added. The TSE-300 Composite
        268 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends narrowly mixed in dull and directionless trade
      1208 27 REPORTS lokyo: The US dollar ended narrowly mixed yesterday after a day of dull and directionless trade in Tokyo. The US dollar inched up in early morning against the mark but stayed motionless for the rest of the day. Tuesday's waves
      1,208 words
    • Article
      INTERBANK FOREX RATES
      376 27 Cross rates Aug 2 US$ SS MS Dm Yen SFr AS NZS USS 1.6100 2.5000 1.4680 128.00 0.5192 1.3220 1.3717 1.8416 SS 0.6211 1.5528 0.9118 79.5031 0.3225 0.8211 0.8520 1.1439 MS 0.4000 0.64 0.5872 51.2000 0.2077 0.5288 0.5487 0.7366 Dm 0.6812 1.0967 1.7030 87.19 0.3537 0.9005 0.9344
      376 words
    • Article
      MONEY MARKET
      532 27 Interbank rates S$ Bid Offer Overnight 1/8 1/4 1-month I 15/16 2 1/16 2-month 2 1/16 2 3/16 3-month 2 3/16 2 5/16 Overnight mode: 5/8 LS$ Bid Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 5/16 3 7/16 3
      532 words
    • Article
      Lock icon US lawmakers agree on stock-index margin rules
      259 27 Reuter WASHINGTON Senate and House conferees made significant progress on a fu-tures-regulation bill after lawmakers agreed to permit the US government for the first time to oversee the margins on stock-index futures. Also, progress was reported on compromise language that would allow negotiators
      Reuter  -  259 words
    • Article
      FINANCIAL FUTURES
      1560 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.61 96.63 96 61 96.62 1300 1883 ***** Dec 92 96.37 96.38 96.36 96.36 5200 7189 ***** Mar 93 96.33 96.35 96.32 96.34 4000 3749 ***** Jun 93 96.02 96.05 96.02 96 04 2000 2620 4331
      1,560 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Gas gets more attention in Asia as economies boom
      414 28 Reuter SINGAPORE Natural gas is winning a larger share of attention in Asia as regional economies boom and governments push to increase and diversify energy supplies. Asian nations are pushing gas higher on their energy agenda, either to curb mounting oil
      Reuter  -  414 words
    • Article
      Lock icon Alcan sees no improvement in aluminium prices in near term
      273 28 Reuter SYDNEY Alcan Australia said aluminium prices are not expected to improve in the near term due to the addition of considerable capacity to the industry this year. Alcan earlier said it made a A 56.58 million (557.75 million) net
      Reuter  -  273 words
    • Article
      Heavy speculative buying helps tin to rebound
      799 28 REPORTS THE PRICE of tin rebounded to close 27 sen higher at M$ 16.76 per kg on the Kuala Lumpur Tin Market yesterday, prompted by heavy speculative buying. Dealers said the US$3O- on the overnight London Metal Exchange coupled with the announcement on
      799 words
  • Article
    PRICES
    1527 28 Rubber HAS Commodity Exchange (futures dosing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 92 0.00 0.00 143.25 MOO 2,675 Oct 0.00 0.00 142.25 975 3,950 Nov 141.75 141.50 141.75 225 3,050 Dec 141.75 141.50 141.75 225 3,475 Jan/Mar
    1,527 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1162 28 BUSINESSTIMES Toll free Tel No 737 0043 -Fax No: 734 3698 Ia the Matter of The Companlee Act, Cap. SO and In tIM Matter of GU SINGAPORE (PTE) LTD Notice of Reeolutione for Creditor!' Voluntary Winding Up (Pureuant to Section 290) At a Oeneral Meeting of the Member* and of
      1,162 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    996 29 ?Z night nA ETD City Flight ETA Flight ETO GA893 1315 |UU Kiubalu MH631 1520 MH630 0950 AdaiaKto OF5 iqss SO?9ft ->nS MH602 0700 Kuala Lumpur MH60I 0120 SQ102 0730 m f B4n RJ183 0005 MH640 0805 MH604 0740 Aantartfam SQ3I9 0715 KL838 2240 MH630 0855
    996 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Where new competes with old
      727 29  -  POSTCARD FROM THE DEAD SEA By Christian Tyler Dining on st Peter fish on the promenade at Tiberias, with a bottle of Golan white at my elbow, the waters of the Sea of Galilee at my feet and a sky of black velvet overhead, I
      727 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: I/Kal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1692 1.1855 Canadian dollar 1.3440 1.3715 NZ dollar 0.8647 0.8825 Sterling pound 3.0882 3.1302 US dollar 1.6060 1.6120 Local dollars to 100 units of foreign currency Austrian schilling 15.44
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      36 29 Duration Title Venue Organiser Tej Duration Title Venue Organiser Tel Sep 19-22 International Paris Semaine (33)1/*****002 Sep 12-29 International Turin, Italy Torino 391I6S69 Leather Week Internationale Caravan Caravan Esposizionio Du Cuir Equipment Exhibition
      36 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      45 29 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe from Mart to Fmniih.
      45 words
    • Advertisement
      Page 29 Advertisements Column 2
      24 29 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749-2577 for locations of nearest newsstands.
      24 words
    • Advertisement
      Page 29 Advertisements Column 3
      746 29 B_l^S^^^SSTll^ES^ Toll free Tel No 737 0043 Fax No: 734 3688 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN M, I Nf Khee Ke« of Blk 204, Yishun St 21, #08-263, Singapore 2776, have applied for a Public House, First Class (Extended) licence in respect of premises at M/s China Castle
      746 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      138 29 27 Looks down on grain in ship (6) 28 Unnecessary lOW fea- 7 Break up, divorce and YESTERDAY'S SOLUTION tures, facing south (8) vanish! (8) 14 Drive in reverse hurt results (3) MN]' [G]npj 1 1 Six gunners attempt to 16 Importance of cardinal's bnng down a Spitfire (6) address
      138 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      158 29 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 31.0 Assoc humidity 74% Minimum temperature 26.9 Assoc humidity 83% Hours of sunshine 3.90 Rainfall in mm Nil Rainfall this month 33.1 Rainy days this month 2 World report Asia-Pacific Hi/Lo* Cond. Auckland 17/11 Rain Bangkok 33/26
      158 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      15 29 1 T fo iiATUe RCCORD) LOOBK INTHeBuViNGDeP^Tt^oJT^ TlSLill —7TV —5ASSOCIATED NfWSPAPf RS LTD. tNMN] 87S8
      15 words
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  • Article
    Lock icon Tokyo to help banks avoid showing stock losses
    409 30 Accounting principles may be modified Reuter TOKYO The Ministry of Finance may allow Japanese banks to modify accounting principles for the six months to Sep 30 to avoid showing huge evaluation losses in their stock holdings, sources said yesterday. "Banks and the
    Reuter  -  409 words
  • Article
    Lock icon US House passes Bill on post-'97 HK ties
    149 30 Reuter WASHINGTON The House of Representatives approved a Bill on Tuesday which maintains US policy towards Hongkong after the British colony reverts to Chinese rule in 1997. The Bill would keep in force treaties and American laws applying to Hongkong and urges
    Reuter  -  149 words
  • Article
    Lock icon India to review share sales in privatisation drive
    237 30 Reuter NEW DELHI Indian Prime Minister P V Narasimha Rao yesterday accepted opposition demands to review a policy on selling shares in state-owned enterprises. Opposition members said the government had underpriced some 30 billion rupees (S$ 1.6 billion) worth of shares from
    Reuter  -  237 words
  • Article
    Lock icon British economy stuck in recession: survey
    136 30 Reuter LONDON Britain's economy remains stuck in recession and demand has fallen across the country in the past four months, an influential survey from Britain's leading employers group released yesterday showed. The Confederation of British Industry (CBI) and Business Strategies Ltd survey said companies
    Reuter  -  136 words
  • Article
    Lock icon NZ minister urges return to Anzus alliance
    181 30 Reuter WELLINGTON New Zealand's security needs would be best served by a return to the US-dominated Anzus defence pact. Defence Minister Warren Cooper said yesterday. He told New Zealand army officers in a speech that the country's defence needs should be met through
    Reuter  -  181 words
  • Article, Illustration
    Taking stock of Shenzhen's troubles
    874 30  -  The Bottom Line STEPHEN VINES STEPHEN VINES The writer is a Hongkong-based journalist THOSE who believe that China's experiment in creating stock markets amounts to little more than establishing a couple of casinos may feel vindicated by the extraordinary chaos surrounding this week's attempt to
    874 words
  • Page 30 Advertisements
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  • Shipping Times
    • Article
      Mitsui revamps African, South American services
      454 31  -  By Amir Khalil SINGAPORE In an effort to meet competition head on, Japan's Mitsui OSK Lines has restructured its services to Africa and South America. Its current combined service to these continents will be split into two: one for East Africa and the other
      454 words
    • Article, Illustration
      Lock icon Charts come under scrutiny
      564 31 Inquiry on QE2 accident NYT BOSTON As manoeuvres began to hoist the Queen Elizabeth 2 from the water on Tuesday evening for the inspection and repair of the gashes in her hull, federal officials were preparing to determine what clawed through the steel undergirding of the
      NYT  -  564 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      889 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo
      889 words
    • Article
      Lock icon Nod for Chevron to use tankers draws fire
      490 31 Reuter LOS ANGELES A proposal to let Chevron Corp use tankers to carry crude oil from the Point Arguello field ofT California is drawing fire from both the company and its opponents in the long running dispute. "The only thing good about
      Reuter  -  490 words
    • Article
      Lock icon California may curtail use of key insecticide in containers
      349 31 Knight-Ridder SAN FRANCISCO Owners of marine container fumigators in California are worried about moves by a state agency to clamp down on the use of a key insecticide to fumigate shipping containers. The California Environmental Protection Agency (EPA) is contemplating rules
      Knight-Ridder  -  349 words
    • LOG BOOK
      • Article
        Stevedores at Brazilian ports to strike
        99 32 SAO PAULO Stevedores will strike at Brazil's biggest grain port, Paranagua. and its second-largest eolTee port, Vitoria, today as they continue their series of daily surprise strikes. On Monday, stevedores paralysed the Rio de Janeiro coffee port and the Recife sugar port. The strikes
        99 words
      • Article
        NT wins switching contract
        87 32 SINGAPORE China's Ministry of Posts and Telecommunications has selected Northern Telecom to supply its DPN-100 packet switching equipment and software for China's first nationwide data communications network. The US$9 million (S$ 14.5 million) contract will see Northern Telecom's DPN-100 switches form the backbone of the planned
        87 words
      • Article, Illustration
        Aerocar still flying high
        81 32 SANTA ANA, California An Aerocar, a flying car, is examined at John Wayne Airport on Tuesday at a Future Transportation Technology seminar of the Society of Automotive Engineers in Costa Mesa, California. The Aerocar, one of only five made, is the only one still in flying
        81 words
      • Article
        Armed guards to patrol trains
        101 32 MOSCOW Armed guards will patrol freight and passenger trains in the former Soviet republic of Georgia after a series of robberies netted about nine billion roubles (Ss9o million), local journalists said on Tuesday. The journalists said the Georgian parliament had voted unanimously to deploy the
        101 words
      • Article
        Iraqi Airways still functioning
        74 32 BAGHDAD Iraq denied on Friday it was dissolving its national carrier, Iraqi Airways, after the grounding of most of its fleet by UN sanctions since the start of the Gulf War. The director-general of the Iraqi Airways Company, Noureddin al-Safi, denied rumours that the company would
        74 words
    • Article, Illustration
      Lock icon Cargo rates: low but steady
      1207 32 Although the Baltic Freight Index has risen in recent weeks, it is still too early to tell whether there is really an upturn in demand for dry cargo vessels International Transport Journal Dry cargo freight rates have been relatively steady over the last month, bringing
      International Transport Journal; Source: International Transport Journal  -  1,207 words
    • Article
      DAILY FREIGHTS
      284 32 DRY CARGO freight rates slipped lower in quiet conditions, brokers said on Tuesday. The Baltic Freight Index (BFI) shed three points to 1,057 with reductions seen on the transatlantic grain and transpacific time-charter routes. The Hampton Roads/Europe coal route was fixed at US$4.5O for a 90,000 long ton
      284 words
    • Article
      COCKETT BUNKER MARKET REPORT
      967 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price index change and
      967 words
    • Article
      THE SHIPPING GUIDE
      9502 40 I Orient line, Aug I Y«nfe Ming Une, B Aug Une Auf l °*Affretemeiit, WW, Brothers Shipping, Hapag-Uoyd/MOL, Aug Mpqg Ocon, Yang Ming Line, Aug I jSS^V3edeSir. in, CM D'AfTretement, a dc Sjrias, Polish Ocean Lines, Be ng Kaga, Hapag-Lloyd/MOL, Aug 30. id Ming Prospitious, Yang Ming
      9,502 words
    • Article
      SHIPPING AGENTS
      3307 45 9 Allt MarHi AaMrica Eaathasnd Rate ApMMit (Far Eaat/Nwtli AaMrica* ncMn Japea): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. •'fraM-Pasile Westfcanad Rate Api Mart (Nerth Aaiarfca/Far East): American President Lines, Sea-Land; Neptune Orient Lines;
      3,307 words
    • Article
      COURIER SERVICES
      266 45 Vbaius Couriers Tel: 545-8011. Fax: *****98. Air Express l ra»el Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. Airswift Worldwide C ourier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. its-Link International Tel: 344-3377. Fax: *****50. Cluster link Supplies
      266 words
    • Article
      AIR FORWARDERS
      1464 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel. 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,464 words
    • Article
      PORT CONDITIONS
      3292 46 ALBANIA Duires: Eight vessels in port discharging of which 2 general cargo. I cash discharging glass, bulk wheat, vegetable oil. flour, iron bars. I loading chrome ore. ARGENTINA Labour working normally. Buenos Aires: Port busy over the last few days and more vessels have been arriving than sailing.
      3,292 words
    • Article
      SHIP SALES & TANKER RATES
      816 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Samitral: 75.200 dwt and built Sept 1977 Cockerill. ideas USs9m but try slightly less. Ever Bright: 61,902 dwt and built Mar 1980 Nippon Kokan. try US$ll sm. Stove I radii ion: 42.129 dwt and built Aug 1985 Koyo. try USsl6.7sm. Co-op
      816 words
    • Article
      AIR FREIGHT SCHEDULE
      554 46 ARRIVALS DEPARTURES Op Might Type ETA T From Op Flight Type ETD T To today today KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SI A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB
      554 words
    • Article
      CRUISE & FERRY SCHEDULES
      398 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vessel ETA E I D Ports of Calls Port Agent Telephone No AUGUST 05 14 Royal Pacific 1300 2100 Cruise to Nowhere Ocean Trade Chartering 299-0366 15 15 Fantasy World 0900 1800 Sin-Port KJang Sembawang Johnson Mgt 227-8284 16 16 Royal
      398 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        653 47 Voy No Berth Arrival Departire ins* Voy No Berth Arm* Ocpvturi Marina Terminal I Pan Ko,ea mb SOl 1208/2359 1308/1500 Batam Murni *****2 M03 alongside 12 08 2300 Santiago D E 36WB 1308/2300 1508/0800 Batamindo 1 l2 30S M02 atolgfr 1208/1900 60 SOI 1308/1900 1108/0200 Garuda G68
        653 words
      • Article
        IN MALAYSIAN PORTS
        221 47 Johore Port Berth 1: Kris Madura; 2: Diamond Dragon; 3: Kota Raja; 4: Eggana; 5: Pernas SeKoi. Pemas Suasa; 6: Geniki. 01 jetty: nil. DCI: ml. Due on Aug 12: Global Uranus. Daugava. Gemini Gas. Sn Nam Hua No 2, Johan 11. Maritime Joy, Bunga Dahlia, Kota
        221 words
      • Article
        CONTAINER SCHEDULE
        1590 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Vo 1 Wo Containw avaiabte SNp Voy No Contaners P Arthur 062E 1108.92 0800 Ai Dcorn ***** COO(ESI) 1208 92 1500 SI Express 178E 11.08.92 0845 Prospect 20N COO(EST) 12.0892 2230 Dragon Brani 41S 11.08.92 0925 Kota Suria KSR31N COO(EST)
        1,590 words
    • Article
      TRANSPORT DIARY
      759 48 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cam- bridge. England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communica- tions, organised by IBC Techni- cal Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services
      759 words
    • Article
      Sats upgrades ground support, catering service
      391 50  -  By Rahita Elias SINGAPORE SIA subsidiary Singapore Airport Terminal Services (Sats) has embarked on a $6 million upgrading and expansion programme for its ground support and catering operations. According to SlA's newsletter Outlook, Sats has ordered $4 million worth of new support equipment, some
      391 words
    • Article
      Lock icon Loral increases bid for LTV unit to US$475m
      243 50 NYT DALLAS The bidding war for the missiles and aircraft unit of LTV Corp intensified again on Tuesday. The group headed by Loral Corp pledged US$475 million (***** million), an increase from a US$445-million bid disclosed last week. The new Loral offer
      NYT  -  243 words
    • Article
      Lock icon New airline may buy Braniff certificate
      237 50 UPI FORT LAUDERDALE, Florida The president of an airline that is just starting up said on Tuesday he was considering buying defunct Braniff International Airline to obtain BranifFs operating certificate. James Dent, president of Skybus, said he would decide before a deadline at noon
      UPI  -  237 words
    • Article
      Lock icon Taiwan offered lease on Subic air station
      256 50 UPI MANILA The Philippines has offered to lease an air station at Subic Bay Naval Base to Taiwan for use as an aircraft and engine maintenance centre. Trade Undersecretary Tomas Alcantara told reporters late on Tuesday he made the offer to Taiwan's Minister
      UPI  -  256 words
    • Article, Illustration
      Air express business still growing strongly
      409 50  -  By Dexter Lee SINGAPORE Contrary to what some might think following the disclosure last month of Federal Express Corp's first dive into the red since 1987, the international air express industry is still growing strongly. DHL Worldwide Express regional managing director for South-east Asia
      409 words
    • Article
      Lock icon Cathay Pacific in air freight deal
      237 50 FT HONGKONG Cathay Pacific Airways has agreed provisionally with Hongkong Air Cargo Terminals Limited (HACTL) to buy 10 per cent of the colony's monopoly handler of air freight for HK$95 million (5519.7 million). Cathay on Tuesday said the deal was subject to HACTL being
      FT  -  237 words
    • Article, Illustration
      Lock icon Russia shows off its air prowess
      438 50 First international air show acts as springboard into world markets Reuter MOSCOW Russia's first international air show opened near here on Tuesday in an effort to give the nation's ailing aviation industry a springboard into world markets. Around 200 companies from Russia and other
      Reuter  -  438 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      32 31 Lints and MnicH rsprsssnted by VJM&Ks MwMrt of tfco Registry of Accroditod WV Skipping Agsnts, Singapore National Ship- UJLmJI/ ping Association. vNRSv For advertising enquiries, contact Shipping Times Tel 740- 2089/740- 2090
      32 words
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      Page 31 Advertisements Column 2
      145 31 E FAMOUS 5 M/aiM ■jI.HIIJU 224 J833 For more information please refer to Pg. 13 Dry cargo rates: low but steady, Pg 2 Sats upgrades ground support, catering service, Pg 20 4 H IM? fc, ■"i -W~ f- f i>A I S R,f <- -V <V" \H P...V -7* rC>
      145 words
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      Page 31 Advertisements Column 3
      53 31 Air Forwarders 15 A* Freight Schedule 16 Cockett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Fre«hts 2 Inde* 1 Port Conditions 16 Staffi* Agents 15 Shipping Guide 10,11 Shipsales Tanker Rates 16 Ships in Port 17 Saiapve Tides 17 Transport Diary 18 Weather and
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      Page 32 Advertisements Column 1
      88 32 FOR SUCCESSFUL MANAGEMENT OF YOUR £ij§INESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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      Page 33 Advertisements Column 1
      2887 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES All mmw BOOKINGS TEL: *****34 *****58 ■fmV M TERMINAL/CFS TEL: *****18 220 P COOC9 H PEBAKA JARDINE SHIPPING AGENCIES SDN. BHD. L J PORT KELANG TEL: *****18 FAX: *****91 *****88 0> 7T~rT" J—T- PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 MMMMB Dedicated
      2,887 words
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      Page 33 Advertisements Column 2
      1435 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT fW //I UNITED ARAB SHIPPING /SAG/I Hm IVSI/VOY SM NYC I BAL I O*F I SAV •t UMfl ft 11/H 21/ M 23 99 21 t> H/M stmt nst n n/n «/i* i;/m
      1,435 words
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      Page 33 Advertisements Column 3
      1497 33 ■□mm NEXT SAILINGS TO MIDDLE EAST TOBIAS MAERSK VOY. 9219 ETA SIN 14/8/92 TREIN MAERSK VOY. 9219 ETA SIN 15/8/92 Vessel Voy ETA ETD Feeder by DESTINATIONS Leerort/Aries This wwek Marchen Maersk 9208 is/8 0800 mrs HiBMIIIMMBIIfIBIfIIMIMHHiIIIMtiBM CFS 17/8 2359 MRS JOH LPK PEN OAK LGB HOU MEM ATL MIA
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      Page 34 Advertisements Column 1
      1456 34 R dam/ HN»*n VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE HLmUH DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 i. ALL WESTBOUND LUDWIGSHAFEN EXPRESS 03/332 18/8 2/9 4/9 7/9 8/9 PUT KELANS S fOMNG MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 CARGO TO UK/CONTMNT DRESDEN
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      Page 34 Advertisements Column 2
      448 34 I EXPRESS TO PAPUA HEW GUINEA SPORE ALAM TALANG V2S IS/M POM/HON/MORO/RAB KIM/LAE/WWK (LCL B/BULK) T/S: ALOTAU, OROBAY, KAVIENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H -I- C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE VCSSCt SPORE PHI IOMMNG FOB FLAMBOYANT V 578 20, M
      448 words
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      Page 34 Advertisements Column 3
      1526 34 &XVS REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT! FEL LHA NORASIA PEARL 9224-3 17/08 10/09 12/09 13/09 14/09 15/09 16/09 17/09 18/09 JAPAN SEA 225W 23/08 14/09 16/09 18/09 19/09 20/09 21/09 22/09 23/09 CHINA SEA 226N 30/08 21/09 23/09 25/09 26/09 27/09 28/09
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2297 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS DUE SAILS CARGO SnJRk d Rim KRIS MADURA VO7E Skin. ID. liw mPt 13 Au| MARION V 017S/018N 16-17 AUG 19 20 AUG STRAUS STAR VUE Muan. lab 11-12 Au( 13
      2,297 words
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      Page 35 Advertisements Column 2
      1403 35 lfcLV t SINGAPORE AGENT: MM pfir/| IflOyC P&O Containers (Singapore Agencies) Pte Ltd a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 WB% Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 w CR Number: **********0Z P&O CONTAINERS LEASED CFS AT MBI. W.E.F. 15.08.92 WE WILL BE
      1,403 words
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      Page 35 Advertisements Column 3
      101 35 CONTAMEMSED/SEM-CONTAMERSED/PALLETISED SERVICE TO PAS* GUDANG. PORT KELAMG. KUCHMG SB(J MALAYSIA SPORE PASO GUDANG LOAOMG FOR GENKI 20/92E 17/8 17/8 KUCHMG/POHTIANAK GWA V9217E 16/1 15/8 SMt/SARIKEI SPORE POBt KELANG *GNU I ¥.15 14/8 15/8 PORT KEIANG GMA I V.ISC 17/8 SBU/KUCHMG GJGI V.C24 18/8 19/8 KUCHMG GIG! V.C2S 26/8 27/1 KUCHMG
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      635 36 SB CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI WT SPORE ROAM ADAM H BURG BREMEN ANMRP SWWUAYA 35W8 21/9 23/10 29/10 4/11 1/11 KUTAJ/26W8 6/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to lnduc«m*nt. Also accepting cargo to Casablanca, Port Said. Port Atoxandria,
      635 words
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      Page 36 Advertisements Column 2
      1744 36 HANJIN SHIPPING FOR VSL SM Iff HAUL LGB OAK FOR VS. SM IINC HAUL SAV AM NYC HANJIN BREMEN 004E IS 8 DWCI H 8 9 FISHGUARD BAT 209N 1/ 8 H *081 03* 17/J 11/* 20/9 HANIIN FELIXSTOWE 014€ 23 8 DIRECT 13 9 16 9 HANIIN CHEJU OJSE
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      Page 36 Advertisements Column 3
      1305 36 I 1,1 I I I I INI SCP KSG HKG KIG PUS HKT OSK NGY SMZ ITO I*l CHS Ml NYC LHV AW* ROM IMP HBG PSD CMB PHI SGP I E GRAM) RE 041 12/( taPt 17/1 IJ/I 21/1 24/1 25/1 27/1 2t/t 21/1 11/1 Ll/9 23/» 25/9 26/9
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1453 37 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 mam FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 KZZ aust/india/pak service NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL: (03)
      1,453 words
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      Page 37 Advertisements Column 2
      498 37 YOUR RELIABLE FREIGHT FORWARDER BB \fflffl|"s||'|y|l CUSTOMER SERVICE: 222 0717 FAX: 222 7968 MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 17/08 Kaohsiung ETD 22/08 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 17/08 Manila ETD 21/08 Colombo
      498 words
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      Page 37 Advertisements Column 3
      1222 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND-DtSCMRONC NESTBOUNP-LOMMNG TRAWSHfPH) VIA ROTTERDAM wsmis WW l» |ml«
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      Page 38 Advertisements Column 1
      1619 38 d HMppi f f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR Mo: **********0 M) W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I M rmi M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JAi BL JLri# AJL TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN
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      Page 38 Advertisements Column 2
      1158 38 PHIU OMCNT LIN€S PT€ LTD f 108 Robinson Road#o7-00GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76 *****38 Gfib BY AIR, LAND OR SEA.... i&St WE TAKE ON THE WORLD FOR YOU memberofsingapore freight forwarders association $AU*TfUUJAfIf*WZKALAM>*OUTHP*CmC CHRISTCHURCH 27 AUG SUVA. NOUMEA. PAPEETA. APIA. LAUTOKIA, SAN ANTONIO J 15
      1,158 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      2264 39 PACIFIC INTERNATIONAL LINES (PTC) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I VESSEL VOY SIN wr e, M VESSEL VOYSIN BKKSIN FQUATno UAt«ir tmL fc/« ~7. ESTE BRUGGE 22N 15/9 19/9 21/9 KOTt wniH «f,! S,! EQUATOR CRYSTAL
      2,264 words
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      Page 39 Advertisements Column 2
      838 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU(1) RTM (2) HAM (3) GOT (4) E M/ 8 14/8 15/8 BENAVON 2322 18/8 4/9 6/9 7/9 9/9 E 21/8 21/8 22/8 JUTLAND!A 2332 25/8 11/9 13/9 14/9 16/9 D 28/8 28/8 29/8
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      Page 39 Advertisements Column 3
      226 39 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 S«p l ETA Lagot 20 Oct Port Harcourt 26 Oct Cdibif 30 Oct ACCEPTING B/BULK AMP CONTAINERS > I BSA° TRANSPORTATION mm MYANMA pHHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf
      226 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      2640 42 Full Container Liner Services Ms: -a., ft——i SHippm, Sdn Bhd Chung Chiao Shipping Sdn Bhd P.J. ft** hrtr» Moms.to tUrttimm 'J' Booking Agents. 58 Perstaran Ra/a Muda Musa A lalan Honl Hilir JWH XantaWH < Costar Shipping Pte Ltd shippingFreightMint c*nms* «m t?000 Po w 5//£W/f j*»o^ 2 Mislri lload
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      620 43 FAMOUS CONTAINER LINISj 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE y HOT LINE: *****33 (24 LINES) B unMiHH Ifil I til J H U t T i FillJ Ktf I] JI 14 I j LIMASSOL/PIREAUS 16/8 ROTTERDAM 16/8' x HAIFA/ASHDOD/ALEXANDRIA 16/8 HAMBURG/BREMEN 16/8 MARSEILLE/FRANCE 16/8 FELIXSTOWE/UK 16/8 >,' BARCELONA/SPAIN 16/8
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      Page 43 Advertisements Column 2
      295 43 s agnviTßicA -1 i£« I^^S^^SyaMf 3 j rnnniT ~rninrr~ rTr iTn rfl: raßtty l toll free line *****88 «rg MAIN LINE: *****88 -S^ 'AUCKLAND 14/08 ANTWERP 15/08 N FRSMANTLE 22/08 FELIXSTOWE 15/08 'MELBOURNE 20/08 HAMBURG 15/08 n UAKASm£«- 47rtfc; SYpNEY 20/08 ROTTERDAM 15/08 I OTHi" -BOMBAY 16/08 CHITTAGONG 18/08 .;CO-OMBO
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      Page 43 Advertisements Column 3
      529 43 JAKARTA BANGKOK T' iS?IWKMMBR,M wm I wr I aw I «t |1 «a fy* J WWW BHUM 15JS INPI 15/08 lAWJ BHUM 37W yUfrdKag^H^Sarl ■QUA BHUM MS 15/08 18/08 MAW BHUM# 120W mm BHUM IMS 19/01 22/08 HAWIA BHUM 102W fr&J* BtHJA BHUM 40S 22/08 25/08 PIT* BHUM" 246H SEMARANG/SURABAYA
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      Page 44 Advertisements Column 1
      1582 44 P44MAC-NELS GROUPAGE I K~/YV|PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 16/8 17/8 18/8 Hong Kong Ldn/Flx/Rdm/Ant 20/8 21/8 22/8 19/8 20/8 21/8 Hong Kong G'burg/C'hagen/S'hohn/Oslo 16/8 17/8
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      Page 44 Advertisements Column 2
      296 44 IP* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SM MULBERA 28S 15/8 26/1 2S/8 14/9 AUST STAR 0626 22/8 3/9 5/9 22/9 PROSPECT 20S 3/9 15/9 17/9 3/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER.
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      Page 44 Advertisements Column 3
      1132 44 THONG SOON LINES PTE. LTD. J—— 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 66NVE^TIONAL/CONTAINER I CONTAINER SERVICES 1 SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOT Is PORE [PEST VESSEL
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      Page 47 Advertisements Column 1
      87 47 FOR SUCCESSFUL MANAGEMENT OF YOURBpINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      431 47 TIDES AND WEATHER TODAY'S TIDES (hejflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0880 0900 *****100 ***************01(00 1700 *****900 *****100 2200 2300 JR 2.8 2.4 18 1.3 08 06 0.5 05 08 1.4 19 2.3 24 2.3 1.9 1.4 1.0 09 09 1.1 1.4 2.0 16
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      Page 48 Advertisements Column 1
      587 48 I W&W 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
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      Page 48 Advertisements Column 2
      539 48 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.O. LOADING FOR: TRANS ASEAN 15/08 20/08 Huangpu/Guarxjzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
      539 words
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      Page 48 Advertisements Column 3
      458 48 Weekly LCL I Consolidation rtiißfwsin Te1:*****88_ .I^Fax:*****83/ Wtm 1 MSKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHNVO Jobore Baru Tel: 07-*****8 Fax: 07-*****2 Port Klang Tel: 03-*****33 Fax:o3-*****81 Port Klang Penang Jakarta Surabaya Bangkok Manila Hong Kong P
      458 words
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      Page 49 Advertisements Column 1
      1204 49 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PKE+ SIW I RTM ANT* L£H* HAM BRE| FEI H. EXPLORER 301W 2S/08 2»/0« 30/08 18/09 18/09 19/09 19/09 19/09 22/09 N. 30 IN 11/09 11/09 13/09 02/10 02/10 03/10 03/10 03/10 06/10 H. FRONTER 301W 25/09 25/09
      1,204 words
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      Page 49 Advertisements Column 2
      460 49 WMMSmsmfWTmnaMiLirsirrt STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO I HEAVY LIFTS INBOUND VESSELS KSSL WY V n IK u TIAK AITO 42 SJ SID IS/I *ucu is siD an- CtSHC MASTER II |S/| 17/1 CttRK PWMLR M 11/ l 14/1 MRJKE OCt A* 121 17/8 11/ l MEM 17 21/1
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      Page 49 Advertisements Column 3
      999 49 our SERVICE CALLS SINGAPORE PH rnam Null 1* 5» IU OM NOJ Ml CH, NO |«M |MTC w ■SS DIRECT EVERY aailMM IH) II M KLUW Ml f ***** I»M.M MMMM M M M M M/M 11/00 l(/M 11/00 A sun mm iMi n/oo auuiai mmmu iom »'oo is m
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      Page 49 Advertisements Column 4
      125 49 ffIBINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SINGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 ACCEPTS PORTS OF CAIKO STORE DESTMATKN6 MERCURY MK VI4E 13-15 Au| 15-16 Aut Muora.Lobum.KK BXTANG BEL AIT VIK 15-17 Hut 18-17 Auf ftrrtul. MM. KBctoM BINTANG SOOA VI7E 11-19 Aor 20-21 Auc Brtuhi.
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      Page 50 Advertisements Column 1
      63 50 tjl |»j i 11 i -—j I "fte Executive Housekeeper -this hotel O I I wants is me. Bob I'll never neglect I V -this House, J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times the New Paper Lianhe Zaobao
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      Page 50 Advertisements Column 2
      45 50 Every Saturday In Business Times APPOINTMENT Suitable applicants are required for EXPORT COORDINATION, SALES/MARKETING, CUSTOMER SERVICE. We are a leoding seafreiaht forwarder and training will be provided? Please phone or fax for an interview appointment. Tel: 223 8219 Fax: 227 7558 I Ctc: Ms Nellie
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