The Business Times, 18 August 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, August 18, 1992 75*
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  • NEWS SUMMARY
    • 74 1 BANGKOK Thai Airways will start daily flights to Cambodia from Oct 25. The flights between Bangkok and Phnom Penh would use Boeing *****0s with a capacity of 148 passengers, said senior vicepresident Nares Hovatanakul yesterday. He said there would be 17 flights
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    • 61 1 ISLAMABAD The interim Afghan government yesterday ruled out a UN-proposed temporary ceasefire with dissident leader Gulbuddin Hekmatyar's forces to enable the evacuation of foreign diplomats from Kabul, its embassy here said. Afghanistan "shares the concern" expressed by the United Na-» tions for the safety
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  • MARKETS SUMMARY
    • 27 1 WALL STREET stocks opened higher yesterday. At 10:30 am in New York, the Dow Jones average of 30 industrials was up 8.37 points to 3,337.31.
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    • 25 1 LONDON shares were higher at midday yesterday. At about 12:30 pm (1130 GMT), the FTSE 100-share index was up two points at 2,358.8.
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    • Article, Illustration
      29 1 Monday Change BT-MGA 647.91 -1.35 Kuala Lumpur ....568.25 -13.69 Tokyo 14,929.55 +109.30 Hongkong 5,667.85 -154.74 Sydney 1,559.0 +10.0 Friday Change New York 3,328.94 +15.67 London 2,356.82 +38.8
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    • 22 1 Exchange rates USS SS 1.6110 100 Yen SS 1.2750 MS SS 0.6443 Money market rates Overnight 3 +1/4 3-month 2-3/16% +1/8
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    • 41 1 r. "nTiTT'i m i». J London Gold AM fix USS337.50 USSI.50 Rubber S'pore Sep 143.00Vkg -0.50 M'sia Sep 2l9.50*/kg unch KL Tin Turnover 62 tonnes +6 Spot M$l6.65/kg -0.39 Crudo palm oil Turnover 398 lots -272 Sep MS835 /tonne +2
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  • 533 1  -  Many eyeing licences in Asean countries, China and Vietnam By Quak Hiang Whai, Alvin Tay SINGAPORE Singapore's local banks arc expanding aggressively into the AsiaPacific, encouraged by the vast new opportunities as well as plans by regional countries to liberalise their domestic financial
    533 words
  • 471 1  -  Singapore retains edge in infrastructures, facilities By Schutz Lee, Ignatius Low SINGAPORE As neighbouring countries court highspending convention visitors, Singapore's convention industry remains confident that this special group which spends 25 per cent more than other business travellers will continue to use the Republic
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  • 264 1  -  From Harish Mehta in PHNOM PENH TWO major Singapore telecommunications companies arc planning to invest in separate projects to establish mobile cellular phone systems in Cambodia in competition with at least four foreign companies. Singapore Tclccom has been given in-principlc approval to invest
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  • 154 1 AP NEW YORK Citicorp has agreed to provide regulators with more information about its financial troubles, a signal that the US government has taken a more aggressive role in supervising the country's largest bank. Citicorp also said it was restating second-quarter earnings to show
    AP  -  154 words
  • 515 1  -  From Catherine Ong in HONGKONG SHARES in Malaysian businessman Lee Ming Tee's Allied group tumbled when they resumed trading yesterday, aiding a surprise plunge in Hongkong's stock market. Stockbrokers were baffled by the sudden 154.74-point fall in the Hang Seng Index
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  • Page 1 Advertisements
    • 443 1 Nikon The World's Finest Pnotographlc System. Robinsons profit surges ROBINSON Company has turned in a sterling performance with net earnings of $20.84 million for the year ended June 30 up nearly 39 per cent from the previous year Page 4 ICS profit down 49pc PRESSURE on premium rates continued to
      443 words
    • 122 1 Nikon The World's Finest Photographic Systerv Singapore banks prefer to go it alone in China, Pg 2 TPs focus on Asia I M v TEXAS Instruments is gearing up for a new phase in the *****, with a greater focus on Asian consumers. Singapore, says Marco Landi, TI president for
      122 words

  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 72 2 THE China Patent Officc is holding an exhibition of patented products and innovations this week to attract partners for joint-venture manufacturing and product development. Singapore will also be used as a testing ground to ascertain the commercial value of these products and inventions, says
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      • 79 2 PRESIDENT Wee Kim Wee and Prime Minister Goh Chok Tong conveyed their good wishes to President Suharto and the Indonesian people on their 47th Independence Day yesterday. President Wee said he is confident the good relations between the two countries will grow and will benefit Asean as a
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      • 75 2 A FOUR-DAY international orchid show, organised by the Trade Development Board (TDB), will be held at the World Trade Centre from Aug 26 to 29 next year. The show will stimulate the floricultural trade and promote the local orchid industry, in particular. Singapore controls 10 per cent
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    • 209 2 SINGAPORE A booming property market in 1990 helped boost salaries in the real-estate sector by nearly 30 per cent over the previous year's levels, according to a government survey report released yesterday. The sector paid $674 million to 33,376 employees in 1990, compared
      209 words
    • 326 2  -  By Loh Hui Yin SINGAPORE Soon after laying the groundwork for a major investment in China, local chemical trading group Dovechem has announced a $75-million plan to manufacture its own products in Singapore. "We want to go into more value-added, capital-intensive business
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    • 394 2  -  Chemical and paint supplier looking to inject assets into unit By Conrad Raj SINGAPORE Local chemical and paint supplier Dovechem plans to list stable member Imperial Steel Drum Manufacturers Pte Ltd on the local bourse soon. Dovechem is now working on what other
      394 words
    • 453 2  -  Regional expansion by local banks By Quak Hiang Whai SINGAPORE Singapore banks, confident of their own China connections, prefer to penetrate the Chinese financial market through their own branches rather than set up joint-venture banks with domestic Chinese partners. Responding to
      453 words
    • 204 2 SINGAPORE The Inland Revenue Department, which will be converted into a statutory board on Sep 1, is streamlining its corporate structure and considering new ways to collect taxes as part of its new image, its commissioner, Koh Yong Guan, said yesterday. Mr
      204 words
    • 578 3  -  Run-up to the Thai elections Reports from Andrew Cooke in BANGKOK THAILAND'S search for a responsible, democratic and accountable government is back in full swing, but analysts doubt if the Sep 13 general election will bring about any meaningful change. After
      578 words
    • 399 3 Ex-Bangkok governor going to polls amid criticism over May turmoil THAILAND'S most charismatic and controversial politician, Maj-Gen Chamlong Srimuang, faces a tough test in the run-up to the Sep 13 general election. The man who has long been known as the "Mr Clean" of Thai
      Photo by Arthur Lee  -  399 words
    • 277 3  -  By Colin Tan SINGAPORE Another bit of Singapore's past Eu Court is on its way to becoming a pile of rubble in the name of progress. Demolition work has almost been completed on an adjacent building and Eu Court's fate has already been sealed. The four-storey
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    • 293 3 AFP FRANKFURT The German Bundesbank is unlikely to tighten monetary policy during the next few weeks despite recent remarks by senior officials at the bank saying that an increase of the Lombard rate could not be ruled out, financial experts here say. The representative
      AFP  -  293 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 50 4 KUALA LUMPUR Edaran Otomobil Nasional (EON) yesterday announced that it has purchased nearly 4.6 million ordinary Cycle Carriage shares from the open market for M 527.81 million (5517.80 million). This brings the number of Cycle Carriage shares that EON owns to nearly 43.3 million.
        50 words
      • 98 4 SINGAPORE Inchcapc Bhd's director and controlling director of its motors division, Alan Tan, will leave the group at the end of September after 27 years of service. He had decided to return to Malaysia to take up a senior executive •floGition in the leisure industry,
        98 words
      • 89 4 SINGAPORE Straits Steamship Land (SSL) yesterday explained that it has changed its accounting policy on investment properties this year because its former approach was not adequate. The old policy did not recognise that activities to prepare new investment properties for their intended use continued
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      • 83 4 SINGAPORE Malaysia's Hock Hua Bank group posted net earnings of MS 15.74 million (S$ 10.07 million) for the half-year ended June 30, up nearly 59 per cent from a year earlier. Turnover for the interim period rose to MS 112.80 rriijlion from M 579.32
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      • 45 4 SINGAPORE Jurong Shipyard yesterday announced that it has appointed Ng Pock Too as a non-executive director of tjie company. The appointment took effect on Aug 3. Mr Ng ijif- currently the group chicf executive of the Sembawang group of companies.
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      • 51 4 SINGAPORE Chuan Hup Holdings has incorporated a wholly-owned subsidiary in Brunei. Chuan Hup Sdn Bhd has an authorised share capital of $50,000 and a paid-up capital of $2. Its principal activities will be to own and charter vessels to service the oil and gas industry in
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      • 67 4 SINGAPORE Eu Yan Sang yesterday announced that it has received acceptances for 26.88 million rights shares, representing about 99.42 per cent of the total number of 27.04 million rights shares to be issued on a basis of three rights shares for one ordinary share held
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    • 414 4  -  Group profit, earnings per share better than expected By Lilian Ang SINGAPORE Retailer Robinson Company has turned in a sterling performance with net earnings of $20.84 million for the year ended June 30 up nearly 39 per cent from the previous year. Despite
      414 words
    • 575 4 MBT KUALA LUMPUR Sin-gapore-based Great Eastern Life Assurance Ltd (GEL) has dismissed suggestions that it has been transferring excessive funds out of Malaysia, one of its prime areas of operations. GEL director and chief executive officer Allen Pathmarajah told Malaysian Business
      MBT  -  575 words
    • 328 4  -  By Anna Teo SINGAPORE Pressure on premium rates continued to cut into the underwriting profit of Insurance Corporation of Singapore Ltd (ICS). The group turned in only $1.7 million in underwriting profit from its general insurance and reinsurance businesses for the six months ended
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    • 289 4  -  By SN Vasuki SINGAPORE Nomura Securities (Singapore) became the first of seven international members of the Stock Exchange of Singapore (SES) to start trading yesterday. And, at the same time, officials of two other foreign broking firms Baring Securities and Smith New
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    • 392 4  -  By Rahita Elias SINGAPORE Jaya Offshore, a member of listed Jaya Group, has signed an agreement to market US-based Ensco Marine Company's vessels in the Asean region. According to a company statement, released yesterday, the contract paves the way for a joint venture
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    • 179 4 SINGAPORE Listed Marco Polo Developments, which last year changed its financial year-end from March 31 to Dec 31, has posted net earnings of $2.07 million for the half-year ended June 30. This was achieved on the back of turnover amounting to $21.85 million.
      179 words
    • 646 4  -  THE HOCK LOCK SIEW COLUMN By Leslie Lopez KUALA LUMPUR Malaysian politician Adnan Mansur has set his sights on gaining control of Far East Asset Bhd (FEA), a smallish property company which recently acquired lucrative gaming unit Sports
      646 words
    • 451 5 Bank and insurance firm to be set up Bernama KUALA LUMPUR MBf Holdings Bhd, which has been given the nod to set up a bank and an insurance company in Cambodia, is offering the Malaysian Ministry of Finance Inc a 30 per
      Bernama  -  451 words
    • 426 5 JAKARTA Marubeni Corporation of Japan and three Hongkong-based multinational companies have taken over the 100 per cent stake in Chandra Asri, which is now constructing the country's first olefin plant in Cilegon, West Java, says a report in the Jakarta Post. The paper said
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    • 506 5 Bernama SHAH A LAM Bata (Malaysia) Bhd has adopted several internal measures to counter problems afflicting its export market owing to the appreciating ringgit and the economic downturn in Europe and the US. Managing director Georg Strieker said yesterday that although only 17.S
      Bernama  -  506 words
    • 230 5 AFP JAKARTA Indonesia's PT Unggul Indah Corporation (UIC) is seeking to invest in a project to produce chemicals for detergent in Vietnam. PT UIC president director Johannes Ko<jo said over the weekend that it planned to invest between US$5 million (SsB.l
      AFP  -  230 words
    • COMPANY BRIEFS
      • 92 5 TOKYO Video games maker Nintendo Co and supermarket chain 7-Eleven Japan topped the latest list of excellent companies published by financial newspaper Nihon Keizai yesterday. Its hit-parade, which ranks enterprises excluding financial firms by growth, quality of management, profitability and financial soundness, also grouped
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      • 78 5 HONGKONG Playmates International Holdings Ltd, maker of Teenage Mutant Ninja Turtles, yesterday reported a 56 per cent plunge in its first half net profit due to slumping sales. Profit after taxation stood at HK$ 175.6 million (5536.5 million) in the six months to June 30
        78 words
      • 107 5 TOKYO The producers of the Swatch watch, SMH Swiss Corporation, plan to set up a factory in Japan, the company's president Nicolas Hayek told yesterday's edition of the financial newspaper Nihon Keizai. "I think in the long run 10 per cent of the total
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      • 72 5 SYDNEY Industrial Equity Ltd (lEL) has appointed share broker J B Were and Son as Australian lead manager to the proposed float of retailer Woolworths Ltd. lEL is owned by Adelaide Steamship Co Ltd, Tooth and Co Ltd and David Jones Ltd. The public sale of
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      • 64 5 MELBOURNE The Australian Stock Exchange (ASX) has queried Foster's Brewing Group Ltd on the fall in its share price to AS 1.65 at Friday's close compared with A 51.82 on Aug 10. The ASX asked Foster's to answer by 0200 GMT today. Newspaper reports said
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      • 78 5 TOKYO Sumitomo Electric Industries' proposed 50 trillion yen (***** million) bonds have been provisionally rated 'AA' by Japan Bond Research Institute (JBRI), the rating agency said in a release yesterday. Sumitomo Electric is in a very strong, competitive position with its core electric wire and cable
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    • 317 6 Foreign branches to be permitted: report Reuter TOKYO Japanese banks are keen to advance into China's coastal cities, say banking sources. But they could not confirm a report that China would allow foreign banks to open branches in the cities of Dalian, Fuzhou, Guangzhou,
      Reuter  -  317 words
    • 177 6 Reuter TOKYO Trading house C Itoh and Co Ltd said it and Indian partner Reliance Industries Ltd hope to complete by year-end a feasibility study on an 180,000-barrel-per-day refinery in India. A C Itoh spokesman yesterday said that if the project, which
      Reuter  -  177 words
    • 428 6 MARKET TALK Turbulent bourses need breather after chaos in Shenzhen, they say Reuter HONGKONG The outlook for China's stock markets is flat and business is thin for the foreseeable future and brokers are oveijoyed. After four days of stampedes, riots and mayhem surrounding share
      Reuter  -  428 words
    • COMPANY BRIEFS
      • 98 6 LONDON International Business Machines Corp has decided against lifting its stake in troubled Wang Laboratories Inc, removing one source of support for the struggling computer maker, the Wall Street Journal reported yesterday. IBM invested US$25 million (Ss4o million) in Wang in June last
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      • 75 6 TOKYO Tasaki Shinju, Japan's largest pearl harvester, based in Kobe, has received approval from the Tokyo Stock Exchange to list its shares on the exchange's second section, the company said yesterday. The application is awaiting final approval from the Finance Ministry, the company said. If
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      • 88 6 TOKYO A consortium of Japanese banks will lend US$45 million (Ss72 million) for China's US$5BB million project to build the nation's biggest polyester plant in Jiangsu Province, a bank spokesman said yesterday. The project is part of China's eighth five-year economic plan through 1995,
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      • 56 6 BEIJING China Resources of Hongkong and Shanghai's Hualian Commercial Building signed a contract worth US$lOO million (SSI6I million) to build a huge shopping centre in Shanghai, the Xinhua news agency reported on Sunday. The two firms will jointly develop a 82,000-sq m area in the
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      • 56 6 LONDON Lucas Industries pic yesterday said it has appointed John Grant as group finance director. Mr Grant is currently Ford Motor Co's executive director of international financing in its US-based financial services unit. The UK automotive and aerospace parts company said in a statement the
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      • 59 6 TOKYO Komatsu Dresser Co, a 50-50 venture set up by Komatsu Ltd and Dresser Industries Inc in 1988, will temporarily close one of its five plants in North America from October, a Komatsu spokesman said. The idling of its front-end loader factory in Libertyville, Illinois,
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 164 5 j The United Arab Emirates is the biggest «am a A*/ 1 import/re-export market in the Arab Gulf and V ffouiiwniiw supply point to over 100 million people in 1 Middte East, and beyond. Exports from j Singapore to the UAE in 1991 exceeded j V A A A A
      164 words
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  • Page 6 Advertisements
    • 986 6 181 Compaqnie Financiere de Paribas Head Office: Banque Paribas, 5, rue d'Antin, ***** Paris, France. I Singapore Branch: 16 Raffles Quay #39-01, Hong Leong Building, Singapore 0104. Tel: *****00. Exchange Rate: At 31 l)ecembcr. 1991: USSI I F 5. IM Consolidated Balance Sheet (In millions, at December 31) 1991 1991
      986 words
    • 147 6 1 MACQUARIE UNIVERSITY MASTER OF II php t APPLIED FINANCE is now available in Singapore The Master of Applied Finance b unlike any other MBATaught by Maoquarie U ni versity's qualified faculty from its Centre for Studies in Money, Banking and Finance, and supported in tutorials by industry practitioners in
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  • FINANCIAL NEWS
    • 408 7  -  Ten offshore banks committing funds to the joint venture By Dawn Tan SINGAPORE Developers of the much-delayed Pontiac Marina project have raised $850 million so far from the offshore capital market, dispelling suggestions that their $900 million borrowing would not receive keen interest because
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    • 490 7  -  THE By Shoeb Kagda The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index futures. AFTER a
      Source: Knight-Ridder  -  490 words
    • 350 7 Reuter TOKYO Financially troubled Nippon Housing Loan Co Ltd says its nine major creditor banks have agreed on a restructuring based on a plan it proposed in June. "All nine major creditor banks have agreed to accept our proposal to cut interest rates to
      Reuter  -  350 words
    • SMALL CHANGE
      • 100 7 TOKYO Standard Poor's credit rating agency has lowered its ratings on Nikko Securities' senior debt and on Yamaichi Securities' senior and short-term debt, underlining the problems plaguing Japanese brokerages struggling with dangerously low stock turnover. S&P lowered its ratings on senior debt obligations issued
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      • 115 7 TOKYO Japan's most-watched indicator of money supply, M 2 plus certificates of deposit, grew at a record low of 0.6 per cent in July from July 1991, according to 15 economists surveyed by Bloomberg Business News. The money supply data, to be released by the
        115 words
      • 57 7 WASHINGTON European Investment Bank, an autonomous public institution that provides financing to the nations of the European Economic Community, filed with the Securities and Exchange Commission to sell US$l.5 billion (552.6 billion) of debt securities. Proceeds from the sale of the securities will be used to
        57 words
      • 83 7 HONGKONG A tender of HK$5OO million (*****.15 million) in two-year Hongkong government bonds went at an average yield of 4.01 per cent yesterday, the government said in a statement. The highest yield accepted was 4.02 per cent and the average yield tendered by bidders was 4.09
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      • 49 7 KIEV Ukraine intends to honour interest payments on its 16.3 per cent of share of the foreign debts of the former Soviet Union, the deputy head of the Ukrainian central bank said. Nikolai Sivulski put Ukraine's share of the debt at USSU.2 billion (SSIB billion).
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  • Page 7 Advertisements
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  • THE REGION
    • NOTE BOOK
      • 65 8 MANILA The Philippines sought a higher budget deficit ceiling in talks here yesterday with an International Monetary Fund (IMF) mission reviewing its compliance with monetary targets. Official sources said the week-long talks, necessary for the release of a stalled US$BO million (Ssl29 million)
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      • 60 8 HONGKONG The layout for Hongkong's multi-billion-dollar new airport has been improved to save costs as London and Beijing remain at loggerheads over funding for the project. The improvements by the Provisional Airport Authority could save about HK$l5O million (5531.5 million) from the total cost estimated at
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      • 105 8 BANGKOK Thai cane growers and sugar mills have agreed to extend a current sugar revenue-sharing arrangement for two additional seasons (November/October) starting late this year. Officials at the state-run Cane and Sugar Office said yesterday that the extended pact, subject to approval by the Cabinet this week,
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      • 75 8 HANOI Vietnam and Laos have urged all sides to implement the United Nations peace plan for Cambodia, warning that violations could threaten stability in the whole region, the official Vietnam News Agency reported yesterday. Vietnam and Laos wanted to see a peaceful, independent and non-aligned
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      • 62 8 PHNOM PENH The UN Transitional Authority in Cambodia (Untac) said yesterday that it is beginning provisional registration of political parties that will compete in elections next year. So far, most of the parties that had expressed interest had not yet been recognised as factional groups under
        62 words
    • 450 8  -  Minimum of USs3b a year would have to be spent on infrastructure Reports by Shoeb Kagda in JAKARTA THE private sector will play a major role in providing electricity for Indonesia's industrial as well as domestic needs, says Umar Said, head
      450 words
    • 353 8  -  From Florence Chong in SYDNEY AUSTRALIAN coal producers, which have invested close to Asl billion (Ss). 16 billion) in Indonesia, are raising their production capacity ahead of schedule to meet greater international demand. Major Australian coal customers such as the Taiwan Power Company which purchases up
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    • 450 8 JAKARTA Indonesia, long dependent on oil for its energy needs, will shift its reliance to coal to meet the growing demand for electricity from industries and households in the next century. Umar Said, head of the Ministry of Mines and Energy's Planning Bureau,
      450 words
    • 588 8 AFP HONGKONG Hongkong's booming property market is set to cool in early 1993 in the wake of an impending rise in interest rates in the United States following the November presidential elections, property analysts said yesterday. < Albert K C Chan,
      AFP  -  588 words
    • 363 8 Bernama KUALA LUMPUR The Malaysian property market is expected to remain buoyant over the next few years, says Raine and Home, the international property consultancy firm. In its On Property 1992 publication, Raine and Home said the last couple of years had seen
      Bernama  -  363 words
    • 471 8 Reuter KUALA LUMPUR Malaysia, a major non-Opec oil producer, will gradually reduce the use of petroleum for energy to 5 per cent in 10 years from the current 63 per cent and turn increasingly to natural gas, a government official said
      Reuter  -  471 words
  • Page 8 Advertisements
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    • 13 8 It'Srn so simple* so useful, so dynamic* It's The Straits Times Classified. 737-1166
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    • 121 8 I 3-IN-l Buffet (Steamboat BBQ Hot Meals) from just $10.5 o++0 Per Person! Beginning 17 August (Mondays to Fridays only) the Emperor's Room presents an irresistible Steamboat BBQ Hot Meals Buffet all from just $10.50++. Available for lunch or dinner, tempting choices include succulent Pepper Beef, Fresh Flower Crabs, Large
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  • Page 9 Advertisements
    • 366 9 ""R-" j- «gy A unique opportunity to invest in the success of the nation and enjoy higher interest and security. This opportunity is investing in Singapore Government Bonds. This $700 million offering will be issued 31 August 1992. It is These Bonds have always been popular with large institutions. Which
      366 words

  • Page 10 Advertisements
    • 232 10 A pilot offers a stranded traveller a lift, knowing that whatever destination the traveller mentions, it will take her no more than a kilometre or so out of her way. Given that they begin in Buenos Aires, what must the pilot's final destination be? Does the key to globalisation lie
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  • THE WORLD
    • 394 11 Biggest gain in more than four years AP BEIJING China's industrial output in July was up .21.8 per cent from the same month in 1991, the biggest gain in more than four years, the official China Daily newspaper reported yesterday. July's high output
      AP  -  394 words
    • 362 11 Reuter HOUSTON President George Bush would be taking a giant political gamble if he ordered an attack on Iraq during the Republican convention, but there is prece- dent for such a bold foreign policy move. In 1968, President Lyndon Johnson
      Reuter  -  362 words
    • 194 11 AFP ABU DHABI Gulf Arab states are seeking to boost relations with India to offset lingering fears of Iraq and growing Iranian military power in the region, diplomats have said. The six Gulf Cooperation Council (GCC) nations are using their oil wealth
      AFP  -  194 words
    • WORLD WATCH
      • 93 11 HONGKONG China's southern Guangdong province has issued a set of regulations aimed at promoting the rapid development of its fledgling tertiary sector and allowing more foreign participation, a report said yesterday. The new measures, recently approved by the provincial government, allowed foreign investors to
        93 words
      • 67 11 TAIPEI Taiwan has decided to allow 7,000 domestic helpers to be hired from four South-east Asian nations to ease a serious labour shortage, a top labour official said yesterday. Those needing the helpers must apply to hire domestic helpers through 60 qualified hiring agencies in Indonesia,
        67 words
      • 88 11 TAIPEI The US firmly supports Taiwan's bid to rejoin the General Agreement on Tariffs and Trade (Gatt) after more than 40 years, a visiting US senator said last Sunday, denying earlier rumours that Washington had backed off. Senator Max Baucus, a Democrat from Montana, told
        88 words
      • 82 11 BEIJING Marrying a foreigner used to be taboo, but now a Chinese city has set up a computer matchmaking service specifically to help Chinese find foreign spouses. The service has been open in Guangzhou just one month and already has registered more than 300 Chinese singles,
        82 words
  • Page 11 Advertisements
    • 8 11 Republican glory days may be numbered, Pg 16
      8 words
    • 493 11 iuiA» ,f■. ,|^B BHHM^hhhhhhb ■pr ■Hk.L i.J| J| How much can you squeeze into an area 2 of these pages. Or if the Canpfile can scan 40 A4-size pages measuring just a quarter of this ad? All the in one minute. And store the information in non-erasable goals the National
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  • 469 12 EDITORIAL IN HIS two-hour National Day Rally speech on Sunday, Prime Minister Goh Chok Tong ranged over a vast landscape from "short-term irritations" like rising costs to "the big picture" the need for Singapore to gear up and take on the developed economies. While companies and individuals
    469 words
  • WHAT THE OTHERS SAY
    • 240 12 OBVIOUSLY, as the North American Free Trade Agreement (Nafta) is realised over the next 15 years after being ratified by the legislatures of the three countries the details need to be studied closely to see what the total picture means. In some of the more pessimistic
      240 words
    • 126 12 WHILE the national and secular education system has been continuously upgraded towards excellence, the Muslim community is expecting the same to take off in the realm of Islamic religious education. Though the upgrading process has been a slow one, however, recent developments necessitate an accelerated change for the
      126 words
    • 163 12 THE SURVEY on moral values reflects the views of the majority. They are deep-rooted values which have been passed on from generation to generation. Indeed, apart from serving as a reminder, the survey results are neither surprising nor worth discussing. Perhaps this is why reactions from Chinese
      163 words
  • REGIONAL VIEWPOINTS
    • 208 12 UNDER the sponsorship of the West, the United Nations Security Council should now try not only to find ways to enforce the economic embargo against Yugoslavia and to feed and care for the victims of the war in Bosnia-Herzegovina, it should also find ways to force
      208 words
    • 173 12 THIS region has the potential for reaching even better heights without the encumbrance of always having to look out for US sensitivities. The Asian region contains some of the fastest-growing economies accounting for about 20 per cent of total world trade. It has the resources and the
      173 words
    • 173 12 IT IS only proper... that the book should be thrown at these protestors. Not only should the timber lorry drivers be hauled up for parking and traffic violations, but the lorry owners and operators should also be held accountable for intentionally failing to exercise control over
      173 words
  • 708 12  -  A private Japanese group has come up with billion-dollar schemes that it claims will benefit the environment. Critics, however, say they are more likely to benefit Japanese firms. Vibeke Laroi reports Vibeke Laroi Reuter WHY not melt the snows of the Himalayas and use the
    Reuter  -  708 words
  • Page 12 Advertisements
    • 427 12 Singapore Business Luncheon Talk A complex, ever-changing business climate challenges today's UKS«am th« sp*«k»r organisations. To prepare for the ever-competitive market, it is vital that Robert w your company is managed by capable people. WgJHfl Rogers is the Companies need to recruit and develop people with potential. To do so,
      427 words
  • Page 12 Miscellaneous
    • 33 12 DOONESBURY garry trudeau MBit, PONTSTAY mWHOARB I Q Ne tmm UPALL. MJHOA! IT LOOKS r*4 1 JOANIE.* XXJTAIK- n WUSHOUIOSee REALLY* —I UK5A..A... 7 UH..WS IMTO J! miv j THZCAR7HAT DUCKAN' feu an
      33 words

  • ANALYSIS
    • 768 13  -  All politicians have to compromise. Most engage in a degree of hypocrisy from time to time. But George Busn has made cynicism a way of life, says Anthony Lewis Anthony Lewis The writer is a New York Times columnist NYT
      NYT  -  768 words
    • 1189 13  -  Uncertainty has arisen over the future of the Simex-CME partnership. Soh Tiang Keng looks at the issue and the measures being taken to sharpen the exchange's competitive edge Soh Tiang Keng The recent launch of the Globex electronic trading system has raised questions
      1,189 words
    • 874 13  -  India's economic reforms, begun a year ago amid widespread international praise, have now come under fire. Edward Gargan reports Edward Gargan NYT INDIA'S struggle to restructure its economy is faltering, threatening to drag South Asia's largest country deeper into poverty and deprivation,
      NYT  -  874 words
  • Page 13 Advertisements
    • 36 13 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. C^ekent J SINGAPORE CaiU 733 8888 fin rt-smtuioro. 1 Gacaden Road (off Orchard Road) (Jimplmkfnhiry luleojarlaryi 1024
      36 words

  • Page 14 Advertisements
    • 1127 14 IjHffl Nothing Boats A Bud. ftffinfll where to wine, dine *IWU Ur MKBIWf A FIRST FOR EXODUS EXODUS rated Malaysia's top entertainers after winning ;?7v. m the group category in the 1991 gy >// Top of the Pubs competition is bringing their exciting brand of music to Singapore. |9 The
      1,127 words
  • Page 14 Miscellaneous
    • 660 14 TELEVISION AND RADIO ihi.m.i if .m i i o a mmm t IMMHHMHHHHanHaHHMHMHHHMHHMMMMMHHMHMHnMi ——-»-■————OTirMlTMßiyii ritiriili-jiji. i" 1 SBCI2 MO Srtit-fS.ereo.L*. 7JO Count Duduila (Canoon) BUSINESS OH IWM&., t -1-VXloldlvCll Avlvll 11 ly 7.25 PM Opening followed by The 9.M National i!* <£*toki (Game Show) ®M SM litarw'orld Nightly Business Report
      660 words

  • LIFESTYLE
    • 534 15 Although Zhang Yimou's Judou and Raise the Red Lantern have been acclaimed around the world, people in China have not been allowed to see them that is, until last Sunday when the communist authorities decided to lift the ban on the films Reuter CHINA has lifted
      Reuter  -  534 words
    • 628 15  - 80 and still cookin' Good food must be made well, shared with friends and family, and taken as seriously as any art, Julia Child tells Mary MacVean Mary MacVean AP JULIA CHILD, the thoroughly American French chef, found the occasion of her 80th birthday to be too useful for just
      AP  -  628 words
    • 508 15 CHATTERBOX JAMES CAAN apparently parted on bad terms with one co-star and didn't get to spend enough time with another. Asked why For The Boys wasn't a success, Caan put the blame on his co-star. "Bette Midler is very stupid," he
      508 words
  • Page 15 Advertisements
    • 188 15 AND ENTERTAIN The Chefs Special Savour the Chefs special four-course dinner featuring an appetiser, soup, main course and dessert in the classic ambience of the Hubertus Grill A different gourmet dinner menu is available each week. At 65.00+ per person ANA HOTEL SINGAPORE For reservations. 16 call 732-1222 extension 1700.
      188 words
    • 74 15 lp==^==l THmu I Roasted Peking Duck 31/8/921 U CgrtgWlW Birthday Cgt I Booking 24 Hr» m «tf»«nc») Labstw Sded with Frwh Fnit Red Fish w/Soya Bean Crumb WM Shark's Fin wfCrab Meat Stuffed Cuttlefish Paste w/Se»Stu Deep Fried Cnspy Chcfcan Steamed Rce wllotus leaf H Prawns with Dried CM Red
      74 words

  • FOCUS
    • 1076 16  -  From Houston, R W Apple Jr looks at the factors that may scuttle George Bush's re-election chances il^igp»p R W Apple Jr NYT IT IS MORE than a quarter of a century now since the Republicans hit bottom with the humiliation of Barry Goldwater
      NYT  -  1,076 words
  • Page 16 Advertisements
    • 179 16 It won't take us long to fit your office. i tea you ■F %*»«<* I *^H boardroom I themyour body in anised manager's chair every conceivable position) i to the system panels. So that have, we can whip one up where you want it (flexible literally, the only thing you'll
      179 words
    • 567 16 SINGAPORE INSTITUTE OF I yP MAVAGFMFVTI Welcome to I SIM Open House I Saturday, September 12,1992 1j 8.30 am 6.30 pm jj You are cordially invited to our open house. An entire day of j programmes and talks on self improvements and effective j t management. Our experts will talk
      567 words

  • INNOVATION & TECHNOLOGY 1
    • 685 17  -  Texas Instruments chief Marco Landi tells Claire Leow where the electronics giant is headed in the region, and how Singapore conies into the picture Claire Leow American electronics giant Texas Instruments is gearing up for a new phase in the region and Singapore has
      685 words
    • 236 17 AP AT&T Bell Labs researchers have demonstrated a new technique that can increase the storage capacity of computer memory disks by 100 fold, American Telephone and Telegraph Co recently announced. The technique involves magneto-optical disks, in which computer data is stored and retrieved through
      AP  -  236 words
    • TECH TAKES
      • 78 17 KUALA LUMPUR Nixdorf Computer Sdn Bhd has been awarded a M 558.7 million (5537.6 million) tender by Tenaga Nasional Bhd for the main part of its customer information and billing system. This will fully computerise Tenaga NasionaTs billing system. The project is expected to
        78 words
      • 91 17 SINGAPORE Apple will precede its yearly Macworld event this year with a regional forum for its developers and sellers. Apple's Far East Technology Forum is set for Nov 9-10 at the Hongkong Convention and Exhibition Centre, which will also house Macworld Expo/Asia '92 from
        91 words
      • 104 17 SINGAPORE Advanced Logic Research Inc (ALR), an associate of locally-listed Wearne Brothers, has launched new passive-matrix 486 Notebooks selling for U554,150 (556,681) and above. ALR said the pricing is aimed at Compaq, which has been selling its Contura line of Notebooks at about U554,999 for a
        104 words
      • 100 17 SINGAPORE Integraph Systems will kick off its Professional Development Initiative Programme in South-east Asia by collaborating with Ngee Ann Polytechnic. The programme is an education assistance scheme for tertiary institutions. Intergraph will donate 24 sets of its computer-aided design software Microstation, costing about $150,000. Ngee
        100 words
      • 73 17 SINGAPORE IBM Taiwan will distribute Sema's creditcard management software, CardPac, in Taiwan under an IBM vendor logo agreement. This software will be a double-byte-character version to allow for Chinese characters. IBM launched CardPac in conjunction with the Banking Solution Conference in Taipei last week. CardPac
        73 words
    • 597 18  -  Jennifer Lien reports on a project that will tailor-make hepatitis test kits for the region Jennifer Lien A PRIVATE biotechnology company in Singapore has begun research on the Hepatitis C virus (HCV), with the aim of developing special Hepatitis C test
      597 words
    • 588 18 Job losses, computers out of production NYT ONE of the last and least successful of the large leveraged buyouts the US$l.3 billion (552.09 billion) acquisition of Prime Computer in 1989 is struggling to its unhappy ending, with no victors in sight. Thousands of workers have
      NYT  -  588 words
    • 207 18 Reuter COME October, Vietnam will have its own edition of PC World magazine. International Data Group (IDG), publisher of the trade magazine, said last week it has entered into an agreement with Vietnam's Centre for Scientific and Technological Information for the Vietnamese
      Reuter  -  207 words
  • Page 17 Advertisements
    • 270 17 0\ V L The real colour notebook. WW Active real colours vs. passive colours. Sharp's LCD uses the TFT active matrix system, as opposed to a conventional LCD, v for rich, natural colours and excellent A 1 contrast. (Whites are also purer than that J of a passive colour screen.)
      270 words

  • Page 18 Advertisements
    • 263 18 p P. HBBriPSI I 1 I COMPRO MULTIMEDIA Looking for a whole training, education, and even entertainment. new way to experience the Beyond that, your computer is still fully world? Look no further than compatible with the thousands of MS-DOS and the Compro Multimedia PC Windows software you are already
      263 words
    • 430 18 H HIRI 111 ■***** ■[A] Ml lIIFaKI KKI&fl Bri r BffiIBBHiISBMWHIIW MftwBiffl»^ ?^Blf||lß|ji!ill§llll^^ TWO 2-DAY VISIONARY Conference Highlights 27-28 August, 1992 CONFERENCE AND Infrastructure Architecture for standard based computing j TUTORIAL SESSIONS Strategies and issues in migrating to Open systems AT THE MARINA Should you run UNIX on an ITEL
      430 words

  • SPORTS
    • 640 19 NYT ST LOUIS, Missouri Employing the solid shotmaking that is his trademark and finally making the clutch putts that have never been, Nick Price outlasted a host of faltering foes on Sunday to win the 74th PGA Championship by three strokes. Price shot a
      NYT  -  640 words
    • SIDE LINES
      • 125 19 FALMOUTH, Massachusetts Olympic medallist Lynn J6l- won the women's division of the Falmouth Road Race and knocked Joan Benoit-Samuelson out of the record book in the process on Sunday. The men's record also fell as Benson Masya of Kenya completed the distance in 31:52,
        125 words
      • 71 19 CINCINNATI, Ohio Pete Sampras fended off a determined Ivan Lendl on Sunday to win the US$l.4 million ATP Championship final 6-3, 3-6, 6-3. Sampras claimed his third tournament win of the year, while Lendl got stuck with his second straight runner-up finish. Lendl was unhappy with his
        71 words
      • 55 19 WINNIPEG, Manitoba Sherri Steinhauer earned her first victory in seven years on the women's pro golf tour oh Sunday with a two-shot triumph in the du Maurier Classic. Steinhauer held or shared the lead for two of the first three rounds, and capped her week with a two-under-par
        55 words
      • 97 19 SYDNEY Australian Ric Birch, who produced the spectacular ceremonies to open and close the Los Angeles and Barcelona Olympics, has been recruited to help Sydney's bid' for the 2000 Games. Officials said* yesterday that Birch wiH take on the role of director of ceremonies to plan the
        97 words
    • 326 19 AP BUDAPEST It's all over for 1992. The new Formula One world champion is Nigel Mansell. The 39-year-old Briton clinched the driver's title at a thrilling Hungarian Grand Prix on Sunday by powering his Williams-Renault to second place behind the McLaren-Honda of defending
      AP  -  326 words
    • 329 19 Reuter MANHATTAN BEACH, California Martina Navratilova beat Monica Seles 6-4 6-2 in the final of the U*****,000 (*****,000) Virginia Slims of Los Angeles on Sunday to win her 160 th career title and pass the US$lB million mark in career prize money. Navratilova,
      Reuter  -  329 words
  • Page 19 Advertisements
    • 146 19 First Impressions -J ffnISDH IWf 1 I 1 HVUjJpH MfI|H|nSHSS his hiihih Kuala Lumpur towers a majestic 23-storey hotel of %4-', palatial charm and modern efficiencythe Hotel Istana. ?Pf "T' A strategic 5-star business address that is v a perfect the same time. Where charming service and gracious hospitality tJ,
      146 words

  • Page 20 Advertisements
    • 280 20 TAMBUAH NJAS f Indonesian Restaurant ll \g th Exotih n il AtmiversdryJ Free Draft Beer and Orange Juice to all oumguests! m mr u k We at Tambuah Mas wish to thank everyone who has been patronizing us for over 11 years. We know how you've been queueing faithfully i
      280 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3890 21  -  By Genevieve Cua BARGAIN HUNTERS yesterday nibbled at blue chips but turned cautious in afternoon trade, wiping out early gains of the benchmark index. The Straits Times Industrials Index rose 12 points to 1,349 from its opening level in a technical rebound in the
      3,890 words
    • Article, Illustration
      71 21  -  Anthony Pang DBS LAND had been well supported at the $2.20 level over the past two years. However, the stock broke this support late last month and has since experienced sharp falls. Five-day and five-week stochastics show that the counter is oversold and due for a rebound. However,
      SOURCE: BRIDGE INFO.  -  71 words
  • Page 21 Advertisements
    • 58 21 Singapore: THE HOUR GLASS Lucky PI a/a Tel. *****2<V1 Scotts Tel. *****27^7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 j Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia, Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel. 03-*****20/932 Yow Chuan
      58 words


  • 3065 23 Amal Steel 50* 173 +32 +22.7% Renong Bhd 50* 54Vj +4 +7.9% Shell 450 +4 +0.9% NBT 80 +1 +1.3% A mat Steel 50» 173 +22.7% +32 Renong Bhd 50« 54Vj +7.9% +4 NBT 80 +13% +1 Shell 450 +0.9% +4 M Banking 520 -30
    3,065 words
  • Page 23 Advertisements

  • KUALA LUMPUR STOCK EXCHANGE
    • 5310 24 Bernama SHARE PRICES here dropped to a four-month low yesterday, extending Friday's losses on further index-linked selling as cautious investors stayed away amid heightened tensions in the Gulf. The KLSE Composite Index fell 13.69 points to 568.25, a four-month low since April 15's
      Bernama  -  5,310 words

  • BT SHARE INFORMATION SERVICE
    • 184 25 Company Date Year Group Net Not earnings Grots •no to profit/loss (L) per skare dividend C000) (cents) Metatock Aug 12 Mar 92 $4.479($5,048) 18 7(21) 10(10) M Credit Aug 7 Mar 92 $15,285($14,284) 4 8(4 6) 6 25(5) Polytek if? 5 Mar 92 $4991(115) 1 5TE(3TE) QAF Ltd
      184 words
    • 153 25 Company Date Year Group pre-tax Net earnings Gro** ann to profit/to** (L) par share dhrtdeod (•000) (coat*) PCI Aug 15 Jun 92 SI 6.1(2.3) 7(-) Chuan Hup Aug 14 Jun 92 514,766(19.466) 8.4(5.8) 4TE(2TE) Kamunting Aug 7 Mar 92 MJ41.394($21.011) 2.9(1.3) 1(1.5) M Plantations Aug 7 Mar 92
      153 words
    • 330 25 Company Date HaH-jrw Group pretax ann to praftt/toM (L) dhridMd (*000) DBS Aug 15 Jun 92 $202,129(1189,049) 8(8) PM HWgs Aug 15 Jun 92 $1,134(13.673) 2.5(2.5) Tat Lee Bank Aug 15 Jun 92 $12.110c ($14.084c) Tat Lee Finance Aug 15 Jun 92 $2.872($1,595) UMW Aug 14 Jun 92
      330 words
    • 597 25 Current Ex Backs Date Tatel tor Total for payment date dace payaMe the year last year Mn Hdp 50c 6*(b) Aug 26 Sep 7 Sep 24 6* 6% toted 25c 10* Aug 21 Au* 27 Sep 10 10* 10* Asia Px Ld 50c 2*<b) M 23 Aug 6
      597 words
    • 259 25 Company Rights Issue Golden Hope One-fof-sa MSI 50 per share Ex-date Aug 27 Books dose: Sep 10 Acceptance Payment NYA OUT One-for two <?, $150 per stare Ex-date Aug 19 Boohs dose: Aug 29 Acceptance A Payment NVA Company Bonus Issue Amcol One-tor-three Ex-date: Aug 21 Books dose:
      259 words
    • 516 25 Company Rights Issue Manet Tad) One-tor-one SI 00 per share Amal Steel One-tor three M$2 20 per share Issue of *****m 50* Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CUPS) with up to *****m Transferable Subscription Rights (TSR) for an aggregate price of MSI per CRTS
      516 words
    • 179 25 4# Cold Storage (M) Bhd: EGM at Concorde V, Lobby Floor, Concorde Hotel, 2 In Sultan Ismail, ***** Kuala Lumpur, on Tuesday, August 18, at 12.00 noon Hong Leong Credft Bhd: EGM at Conference Rm, 14th Floor, Bangunan Hong Leong, 117 Jin Tun HS Leem ***** Kuala Lumpur,
      179 words
    • 200 25 Auf 15 Jack Ctva-MPH Ltd has announced that it has received a total of 35.44 million Boustead pic shares representing 53.96 per cent of its current issued capital. In total, JC-MPH and its concert parties now own million Boustead shares, or 83.4 per cent of Boustead's issued stare
      200 words
    • 351 25 In local ciarr In SS In US1. dy yr Ay >t d> ft Aug 14 Index chye chgc chge chge chge ch# World 365.9 0.5 -10.4 0.5 -10.5 0.4 -10.0 tEAFE 413.6 0.6 -17.6 0.7 -17.1 0.7 -16.6 Europe 390.7 1.0 -5.0 0.7 -2.4 0.7
      351 words
  • 593 25 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

  • CHINA STOCK EXCHANGES
    • 378 26 Reuter THE Shanghai 'A' share market jumped more than 10 per cent yesterday as confidence returned after last week's battering, Hongkong brokers said. The Credit Lyonnais Shanghai 'A' Index rose 612 points or 10.19 per cent to 6,619. The surge followed two
      Reuter  -  378 words
  • 818 26 Volume Price Change IndahKiat 1.013,500 2000 -50 Inti Indorayon 202,000 3850 unch Pakuwon Jati 125,000 3000 250 Bank Intl Ind 113,000 2750 50 Jaffa 67,000 0 -2850 Lippo Bank 59,000 2600 unch Kalbe Farma 56,500 ***** 3000 Polysindo 50,000 ***** unch CP. Indonesia 49,000 4800 50 CP
    818 words
  • STOCK EXCHANGE OF THAILAND
    • 1697 26 Reuter SHARE PRICES tumbled yesterday afternoon as news reports that the US planned a confrontation with Iraq hurt sentiment, brokers said. The SET Index ended 8.13 points or 1.08 per cent lower at 746.35 on a moderate turnover of 5.11 billion baht. Decliners led
      Reuter; Source: Bridge Info  -  1,697 words
  • Page 26 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2558 27 Reuter STOCKS ended higher yesterday but the Nikkei failed to hold the 15,000 level it recovered in the morning. Investors bought back oversold positions as the recent plunge appeared to be over, but volume remained very thin and fresh buying was absent on a
      Reuter  -  2,558 words
  • STOCK EXCHANGE OF HONGKONG
    • 2494 27 Reuter SHARE PRICES tumbled in the afternoon yesterday due to a cocktail of negative factors, including tensions in the Middle East and disappointing recent local company results, brokers said. The blue-chip Hang Seng Index fell just over 50 points in the afternoon session to
      Reuter  -  2,494 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2046 28 Reuter SHARES recouped around half the losses made last Friday to close firmer yesterday, with investors quietly optimistic ahead of today's federal budget. The All Ordinaries Index closed 10 points up at 1,559, after losing 19.4 points on Friday. "There's been a
      Reuter  -  2,046 words
  • REGIONAL STOCK MARKETS
    • Taiwan stocks sharply lower on panic selling
      • 512 28 TAIWAN'S stock index plunged to close 3.6 per cent lower on waves of panic selling sparked mainly by fears of conflict between the US and Iraq, brokers said. The Weighted Index, which was down 158 points at one stage, ended 141.90 points lower at a 19-month low of 3,784.48.
        512 words
      • 844 28 INVESTORS went on a selling spree across the board yesterday as two legislators, one closely linked to the Daewoo group's chairman, quit their parties and shattered low confidence levels on the sagging market, brokers said. The stock index fell 16.77 points to another four-and-a-half year low of 462.13. "There
        844 words
      • 345 28 THE long-awaited rebound in Retcher Challenge's share price dominated the share market, which closed higher for the first time in seven trading days yesterday. "On Friday, Fletchers dominated on the way down and yesterday it dominated on the rebound," Cavill White Securities Don Turkington said. It bounced 23
        345 words
      • 517 28 SHARE PRICES closed marginally lower on profit-taking yesterday but brokers said the market still exhibited strength. The Manila Stock Exchange Index dropped slightly by 0.32 point to 1,519.85. Brokers expected a healthy correction to occur this week after last week's surge but said the market would continue to be
        517 words
      • 48 28 Close Pmtow Ang 17 NEW ZEALAND NZSE-40 Capital 1,491.05 1,471.30 +19.75 MANILA Composite Index 1,519.85 1,520.17 -0.32 Turnover (mil pesos) 343.4 419.2 -75.8 TAIPEI Weighted Price Index 3,784.48 3.926.38 -141.90 Turnover (NTS billion) 21.5 14.2 +7.3 SEOUL Composite Stock Index 462.13 478.90 -16.77Turnover (billion won) 94.54 89.95 +4.59
        48 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1236 29 REPORTS ASIA TOKYO: The dollar ended firmer against the mark and the yen on shortI covering here yesterday. The dollar/yen rate rose on short-covering and local importer buying in the morning, but erased its gains on mark sales for yen in ,~tfie afternoon.
      1,236 words
    • 376 29 Cross rates Augi? US$ S$ M$ Dm Yen SFr AS NZ$ US$ 1.6120 2.5010 1.4710 126.40 0.5219 1.3270 1.3831 1.8536 SS 0.6203 1.5515 0.9125 78.4119 0.3238 0.8232 0.8580 1.1499 MS 0.3998 0.64 0.5882 50.5398 0.2087 0.5306 0.5530 0.7411 Dm 0.6798 1.0959 1.7002 85.93 0.3548 0.9021 0.9403 1.2601
      376 words
    • 529 29 Interbank rates SS Bid Offer Overnight 3 3 1/8 1-month 2 2 1/8 2-month 2 1/8 2 1/4 3-month 2 3/16 2 5/16 Overnight mode: 1-1/4 USS Bid Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 3/8 3 1/2 3
      529 words
    • 277 29 AFP SYDNEY The largest open-outcry exchange in the Asia-Pacific region, Australia's Sydney Futures Exchange (SFE), is bracing itself for hectic trading today when the national government hands down its politically vital Budget. The exchange has decided to open its trading floor
      AFP  -  277 words
    • 1558 29 SIMEX EUWOOOUJUt Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.62 9663 9661 9661 1700 3288 ***** Dec 92 96.36 96.37 96.35 96.35 4000 7657 ***** Mar 93 96.34 96.35 96.33 96.33 2200 6015 ***** Jun 93 96.06 96.06 96.03 96.04 700 3521 4917 Sep 93
      1,558 words
  • Page 29 Advertisements

  • COMMODITIES
    • 379 30 AFP KUALA LUMPUR The International Natural Rubber Organisation (Inro) says its rubber buying is unlikely to end soon as prices are edging up too slowly despite its intervention in the past week. Inro buffer stock manager (BSM) Aldo Hofmeister said yesterday that
      AFP  -  379 words
    • 169 30 AP NEW YORK Gold, the favoured investment of infla-tion-jittery investors, is looking a bit tinny. Gold prices fell to a sixyear low last week after new data showed that inflation in the US remained moderate. Investors typically use gold as a
      AP; Source: TeleTrac  -  169 words
    • 750 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) fell 39 sen to close at MS 16.65 per kg on higher offerings yesterday. Dealers said both the KLTM and the London Metal Exchange (LME) were in for a correction after
      750 words
  • 1494 30 Rubber RAS Commodity Excfcaago (future* doting ts at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 92 0.00 0.00 143.00 0 2,200 Oct 142.00 141.75 142.00 75 4,075 Nov 142.00 141.75 141.50 50 3,225 Dec 142.00 141.50 141.50 150 3,700 Jan/Mar
    1,494 words
  • Page 30 Advertisements
    • 352 30 Your son And you want him to home with news from home. Someone close has been living in Canada for some years. You'vp no*tPH You've given up posted writing those a man T to head long tetters. l° k l° CB The Straits Times e ft' 3 Tlmes Weekly tells
      352 words

  • 1123 31 Crtj night ETA Right ETD Ah*I MuM GA974 0005 GA886 0010 GA893 1345 GA982 0250 Adaiahh SQ228 2025 QF82 2205 Am* tartan GA974 0005 GA892 0150 KL837 1255 KL838 2240 GA893 1345 SQ338 2315 SQ323 1815 Athaa SQ348 2300 Awdrfnid SQ288 2015 NZ35 1550 SQ285 2115
    1,123 words
  • THE TRAVEL PAGE
    • 553 31  -  POSTCARD FROM PARIS By Patrick McDowell ANY tourist ever skinned for US$5 (SsB) for a soda at a Left Bank cafe can sympathise with Plamen Gatev Vushev's complaint that Paris is too expensive. He is one of millions of Eastern Europeans rolling over
      553 words
    • 151 31 As at 10am yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1393 1.1732 Canadian dollar 1.3383 1.3633 NZ dollar 0.8599 0.8775 Sterling pound 3.0727 3.1145 US dollar 1.6090 1.6150 Local dollars to 100 anits of foreign currency Austrian schilling 15.38
      151 words
    • 36 31 Duration Title Venue Organiser Tel Sep 19-22 International Paris Semaine (33)1/*****002 Leather Week Internationale Du Cuir Duration Title Venue Organiser TeJ Sep 12-29 International Turin, Italy Torino *****569 Caravan Caravan Esposizionw Equipment Exhibition
      36 words
  • Page 31 Advertisements
    • 38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from aUrt to Mnmih
      38 words
    • 9 31 Managers must manage. BT shows you how every Monday.
      9 words
    • 517 31 NOTICES C-TRANS SERVICES PTE LTD (IN MEMBERS' VOLUNTARY UQUOATION) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of tha Companies Act. Cap. 50 that a Final Meeting of members of the abovenamed company wii be held at 50 Chin Swee Rd #06-01 Thong Chai BkJg. S'poreo3l6on
      517 words
    • 240 31 kitten** of The Ccmpaniee Act, Cap. 50 and hi tie Hattor d KOUSTHAL SERVICES ASSOCIATES (PRIVATE) UMTED (ki IMberf Vckntoy lijidatal At an Extraordinary General Mseing or me aooYerientoneG Company duly conwnad and haid all Sophia Road 107-01/04 Paaoa Centre, Raar Podium. Singapore 0922 on 7TH AUGUSTI992 at 2pm the
      240 words
  • Page 31 Miscellaneous
    • 267 31 7 Such a discussion gives op- "-P^T portunity for falling out ill' 8 In a way age is some prolection (5) P^~~^ 10 Certainly in drink, but re- I I 1 I I I I I I Mil strained fIH |H| lH| 11 Means have a principal part (6) I
      267 words
    • 167 31 Singapore Outlook; Showers over several areas in the late morning and early afternoon. Report: Maximum temperature 27.9 Assoc humidity 81% Minimum temperature 21.7 Assoc humidity 97% Hours of sunshine 0.00 Rainfall in mm 11.8 Rainfall this month 55.4 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Auckland 15/08
      167 words
    • 30 31 li«Ki>rai:«watzt* lrn APPROACH FUP FROm Utjri neTpvuc OF m\/ TeTv4eß... DROP Ftßr>n ukre A To rod UveeTURT WOT T^r O Q> 67fl A C AMOCIATfcO NEW&PAPERS LTD IM2 IM2 FW-01.
      30 words

  • 454 32 Prices of crude, gold up on fear of conflict Reuter WASHINGTON President George Bush has said that military action against Iraq is possible at any time if Baghdad defies United Nations ceasefire terms but denies he is provoking a fight with Baghdad on the
    Reuter  -  454 words
  • 526 32 Republican moderates fear plan may backfire !i!SMESIDEBITIIL" Reuter HOUSTON US President George Bush is toying with the possibility of taking unilateral action to jump-start the stumbling American economy in a bid to convince sceptical voters he deserves a second term, US officials
    Reuter  -  526 words
  • 346 32 AFP NEW DELHI The Indian opposition has rejected a call by Premier PV Narasimha Rao for a three-year moratorium on all contentious issues so that the country can get down to business, but the media was yesterday divided over the appeal.
    AFP  -  346 words
  • 315 32 AFP BELGRADE The commander of Serbian forces in Bosnia threatened yesterday to shoot down UN reliefsupply planes, which he said had dropped arms to his Bosnian opponents, Belgrade television reported. General Ratko Mladic's threat came amid reports of renewed heavy fighting yesterday
    AFP  -  315 words
  • 45 32 PAMPANGA, Philippines Members of a family forced to flee the Mount Pinatubo volcano sharing a meal at a government evacuation camp yesterday. At least 2,000 Aeta tribesmen fled the area after experts said that the volcano could explode again within days.
    45 words
  • 886 32  -  The Bottom Line SREE KUMAR SREE KUMAR The writer is a fellow of the Institute of South-east Asian Studies. The views expressed are entirely his own BY ALL measures, it was a sigh of relief amongst the partners. An agreement to form the
    886 words
  • 332 32 Reuter SEOUL Two South Korean legislators, one closely linked to the chairman of the giant Daewoo Group, quit rival parties yesterday, sparking another plunge in Daewoo shares on Seoul's sagging stock market. Lee Jong Chan of the ruling Democratic Liberal Party and Han
    Reuter  -  332 words
  • Page 32 Advertisements

  • Shipping Times
    • 393 33  -  By Rahita Elias SINGAPORE Hongkong's Orient Overseas Container Line (OOCL) has established its first warehousing facility in a Singapore port terminal in line with the Republic's growing role as the carrier's South-east Asian hub. OOCL signed an agreement with the Port of Singapore Authority
      393 words
    • 682 33 Lloyd's List LONDON Russia, which has ordered fishing ships worth £610 million (S$ 1.9 billion) from Norway and Spain in recent years, has signed provisional contracts for further new series in Germany and Spain. Also, the country is to turn over part of
      Lloyd's List  -  682 words
    • 254 33 Lloyd's List PANAMA Panama is to extend its vessel inspection programme to include nonPanamanian flag ships calling at its ports and possibly even those transiting the canal. Proposals under consideration by the directorate-gener-al of Consular and Maritime Affairs (Secnaves) could be signed into force by
      Lloyd's List  -  254 words
    • 890 33 Page Col ABC Containerline 12 1 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
      890 words
    • 344 33  -  By Diana Oon SINGAPORE Sime Sembawang Engineering Sdn Bhd, an associate company of Sembawang Engineering Pte Ltd (SEPL), has been awarded a Ms34-million (5521.9 million) contract by a Malaysian yard. The contract is for the fabrication of a compression module for Esso Production Malaysia
      344 words
    • 199 33 Reuter NAIROBI Marauding Somali fighters stripped a United Nations relief ship of fuel oil and stole 200 tonnes of food aid for the starving East African country, a UN source in Nairobi said yesterday. He said fighters from one of Somalia's numerous warring clans
      Reuter  -  199 words
    • LOG BOOK
      • 75 34 NICOSIA, Cyprus Iranian and Russian transport ministers have signed cooperation agreements setting up a joint shipping company, the Iranian news agency reported on Sunday. A three-month accord will let Iranian ships use Russia's Volga-Don river system, which links the Caspian Black seas. Mohammad Saeedi-Kya, Iran's
        75 words
      • 71 34 CAPE TOWN, South Africa A ship carrying toxic waste docked on Sunday amid protests from environmentalists who say it and another ship loaded with plutonium should be impounded. About 20 protesters marched to the port captain's office to demand the Maria Laura, flying the Panamanian flag,
        71 words
      • 68 34 HONGKONG Weekly air service between Moscow and Hongkong began on Sunday with the arrival of an Airbus A3lO owned by Aeroflot. It was the Russian airline's first route to this British colony. The maiden flight carried Russian aviation officials who would meet their Hongkong counterparts
        68 words
      • 74 34 KARLSTAD, Sweden Five Danes were killed when their light aircraft crash-landed in Lake Vanern in southern Sweden on Sunday. Three other people aboard the twin-engine Piper Navajo plane escaped when its rear door burst open on impact with the water and they swam 200
        74 words
      • 118 34 NICOSIA Oil installations at Iran's Gulf port of Lavan will reopen by next March with an export capacity of 150,000 per day, the Iranian news agency Irna said. Irna quoted Gholamhussein Nejabat, managing director of the company for the installation and construction of chemical industries,
        118 words
      • 85 34 ISLAMABAD Pakistan International Airlines (PIA) on Sunday suspended a weekly flight to Uzbekistan because of difficulties in overflying Afghanistan, the official Associated Press of Pakistan said. The flight scheduled to leave for Tashkent from Islamabad yesterday was suspended due to a "Gicfc of communications with Kabul
        85 words
    • 991 34 SHIPREPAIRERS based in the most environmentallyconscious societies with the toughest rules governing industrial activities are at a competitive disadvantage when bidding against yards in countries with a more relaxed approach to ecological issues. Illustrative of the inequitable situation was a recent job quote wherein the
      991 words
    • 8392 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      8,392 words
    • 3211 47 A.BC Containerline NV: Bclsin Shpg Agencies I*lo Ltd (SVMarinc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SVAccord C'ontr Line (PK/PN). Adkris Business C orporation Philippine: Calsource Shpg Trdg Pie Lid (S) Vhrenkiel liner Sen ice: Kim Shpg Trdg (S). Vlbatrus Sea-Air Service: Frata Shpg Pte
      3,211 words
    • 258 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Intel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster link Supplies Services Tel
      258 words
    • 1490 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 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
      1,490 words
    • 3682 48 .*Sr~ > ~-y-> ALBANIA Dunres: Seven vessels in port of which 1 discharging oil and rice, 1 oil ,1 soap, I glass, I vehicles, I loading water-melons, I chrome ore; 1 vessel in roads to discharge wheat. ARGENTINA Labour working normally. Buenos Aires: Congestion has increased since last
      3,682 words
    • 729 48 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Continental Reliance: 65,224 dwt and built June 1983 Hyundai, on best outright offers. Aegean Dolphin: 64,583 dwt and built July 1983 IHI; inspectable Chiba promptly, on offer in the region of USsl6m. Apollo
      The information was contributed by Simpson Spence & Young  -  729 words
    • 560 48 ARRIVALS Op Flight Type ETA T Krom TODAY KAL KE697 B747F 0150 I SEL SI A SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 I LUX/DXB NCA KZ203 B747F 1930 I NRT KAL KE685 A30F 2345 I SEL/MNL TOMORROW JAL JL6I5 B747F 0240 I TYO NWA
      560 words
    • 346 48 CRUISE FERRY SCHEDULES CRUISE SHIPS B Ait Dtp Name of Vessel ETA Ports of Calls Port Agent AUGUST mm 18 18 Fantasy World 0900 1800 Sin-Jakarta Sembawang Johnson Mgt 227-8284 19 19 Royal Pacific 1300 1930 Port Klang Ocean Trade Chartering 299-0366 21 21 Orient Venus 0600 2100 World Cruise
      346 words
    • SHIPS IN PORT
      • 706 49 Vtasd Voy Ni Berth Vnvjl Departve Vessel Voy No Borlh Arrive D^urUr* Marina Terminil 1 Batam Baru Bl/2 M04 alongside 1808/2300 Batam Maiu *****2 M03 alongside 1808/0500 Batam Murm *****2 M05 alongside 1908/0500 Batam Sayang *****2 M05 alongside 1908/0500 Batamindo 2 2031S MOl alongside 17 08/1900 Bo
        706 words
      • 128 49 l—*- JPWPTC rOTT Berth: 1: ni; 2: nil; 3: Danyang; 4: Hua Xia; 5: Barge Munar 2; 6: Urn Moral. 01 jetty: Bunga Semarak, Suci. DCJ: Pollux Gas. Due on Aug 17: Seraya. Bangkok Bridge, Maha Bhum. Due on Aug IS: Botany Trinity. Clipperventure L, Eastern Tera,
        128 words
      • 1578 49 Delivery of fcl import containers in progress SMp Voy Ho Canbten vuttk 9j> jjg W» Cantawen avafaMt New Gerlord 8192 16.08.92 0140 m,—nr.™ car rm/ccn icobqi Cont Jork 07 16.08.92 0735 521 Hll kAnflfv w 160 oq 2 0805 Ea 063 COO(EST) 17.0892 1500 477? tli Mio Lu<,¥nplha,
        1,578 words
    • 742 50 Sept 6-18: Scatrade Academy's Atiatomy of Shipping, organised ijy Scatrade. The event will take jplacc at Selwyn College Cam--bridge, England. JSept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technijcal Services Limited at The Mandarin Singapore. For further idetails please contact IBC Technical Services at tel: 732-1970
      742 words
    • 406 52  -  By Juliette Walker SINGAPORE Just two months after South African Airways (SAA) launched its service to Singapore and Bangkok, the national carrier is seeing black. Singapore manager Mike van Niekerk said SAA is holding its own against Singapore Airlines (SIA) on
      406 words
    • 472 52 UPI HOUSTON The US$5OO million (SsBos million) spent last year on the military's radar system to catch airborne drug smugglers crossing the Mexican border has produced no arrests or seizures, the Houston Chronicle reported on Sunday. The customs' air interdiction
      UPI  -  472 words
    • 316 52 Reuter MOSCOW Striking Russian air traffic controllers returned to work because of mounting pressure from angry passengers, a senior union official said on Sunday. "We stopped striking because airports were full of passengers who were sometimes pushed to their limits," Vladimir Konusenko, head
      Reuter  -  316 words
    • 133 52 NYT Delta Air Lines' unionised pilots refused last week to defer a group of pay increases scheduled to go into effect on Sep 1. Delta had asked the pilots to defer the pay increases after the airline reported a loss of U*****.3 million
      NYT  -  133 words
    • 633 52 NYT WASHINGTON A big declinc in Pentagon spending and economic problems in the commercial airline industry have drastically cut advertising and have forced staff cuts at aerospace publications. The fortunes of many trade publications and of the industries they
      NYT  -  633 words
    • 227 52 UPI NEWPORT BEACH, California Loral Corp is likely to close its Aeronutronics division in southern California and transfer nearly 2,000 jobs out of the state as a result of its successful bid for LTV Corp's defence business, the company said last Friday. Bernard Schwartz,
      UPI  -  227 words
  • Page 33 Advertisements
    • 9 33 jj-ajaesaiasaSM hor advi-rtixint enquiries. contact Shipping Times Tel 74G-2(m/74a?<m
      9 words
    • 172 33 The cost of going green for shipyards, Pg 2 SAA makes itself at home in Asian skies, Pg 20 G'Xa"® "'^v^^SeSp^lßF CGM has been the fast and reliable link between Asia and Europe for over 140 years. From marble to machinery, cognac to chemicals, the most corrosive raw Ft |Bp.
      172 words
    • 46 33 kt Forwarder* -15 A* Fraght Schedule 16 Contaner Schedt* 17 Corner Sennas 15 Cruse Ferry Schedules 16 Indei 1 Port Conditons 16 Shppmg Agents 15 Slippm Gude 10.11 Shinies/Tanker Rates 16 Slips m Port 17 Singapore files 17 Transport Dory "18 Weather and Sea Conditions 17
      46 words

  • Page 34 Advertisements
    • 93 34 K could be a controversial deal between two stock maiket stars, a thought-provoking report by u university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      93 words

  • Page 35 Advertisements
    • 2818 35 OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 Alllf# BOOKINGS TEL: *****34 *****58 ■■lllf TERMINAL/CFS TEL: *****18 220 P Couo9 H PESAKA JAROINE SHIPPING AGENCIES SDN. BHD. L WW# A PORT KELANG TEL: *****18 FAX: *****91 *****88 rt..oi;««, PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated
      2,818 words
    • 1630 35 I Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT ///I J UNITED ARAB SHIPPING (SAG)\ []M VSL/VOY SM NYC I BAL I OKF I SAV I nm nm nm 27/ tim/m I SMII MS* U N K/lt #7/19 H/N It/M a
      1,630 words
    • 1475 35 ■QEBHsaaza 1 NEXT SAILING TO MIDDLE EAST OCEAN BLESSING 125W ETA SIN 21/8/92 i f Vessel Voy ETA ETO Feeder by DESTINATIONS Laarort/Arns This w«*k MagUCy Maarsk 9206 25/s oeoo hrs CFS 24/8 2359 HRS JOH LPK PEN OAK LGB HOU MEM ATI MIA CHS BAL PHL [NYC MON TOR
      1,475 words

  • Page 36 Advertisements
    • 1451 36 I R DAM/ VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 1. AU WESTBOUND DRESDEN EXPRESS 06/333 23/8 9/9 11/9 14/9 15/9 PORT KO.AK 8 POMMG KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 CARGO TO IM/CfIMTMFWT KAGA 25/334
      1,451 words
    • 452 36 I EXPRESS TO PAPUA NEW GUINEA I SPORE I ALAM TALANG V2B 10/ M POM/HON/NORO/RAB KM/LAE/WWK (LCL B/BULK) T/S: ALOTAU, OROBAY, KAVIENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel spore pkl loaoovg fob FLAMBOYANT WW 21
      452 words
    • 1514 36 I un REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT*FEL^7HA| NORASI A PEARL 9224-3 18/08 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 CHMA SEA 226W 30/08 21/09 23/09 25/09 26/09 27/09 28/09
      1,514 words

  • Page 37 Advertisements
    • 2230 37 JP A STRAITS SHIPPING PTE LTD Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 CARGO SPOW B-KOR SIMJIS VINtIMI V 2« Mu»a lab 17 14 Auf 11 Auf 19 «u| MMK* W.OIBS/019M 23-24 AUG M 27 AUG Li" 21 22 24 Au* 25 A u| KOTA
      2,230 words
    • 2928 37 SINGAPORE AGENT: PXti 1 /iItlAfC P&O Containers (Singapore Agencies) Pte Ltd ■fT X 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■T V Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 V «r CR Number **********0Z EXPORT IMPORT 1; V€#S€L VOV FSJo *PKG SM ALO
      2,928 words

  • Page 38 Advertisements
    • 634 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE WL/KOT STOtt ROAM, ADAM HBIRG BREMEN MITNERP SWWUAT*/ 35N8 21/9 23/10 29/10 4/11 1/11 KUTM/2«we </10 9/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BAEAKBULK/CONTAINERISED CARGO Subpct to ln<luc«fn«nt. Also accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa. Trmata. AISO
      634 words
    • 1634 38 HANJIN SHIPPING FOR VSI SM LUC HAUL IGB OAK FOR *Sl SM IIN HAW SAV KM NYC HANJM FELIXSTOWE 0141 23 8 WECt 13/9 16 9 HANJIN KNANCYANG M2E 24 8 H KEEIIMG 03K 1/10 2/10 4/10 HANJM HAMBURG 01 IE 30 8 OftCCT ?M ?3 9 HANIM KUNSAN 07K
      1,634 words
    • 1244 38 I. «■*m«> I?. 55 6 T. Tf 1 "5 T ITO lu 06 "»c no a# rw I f Ss?fV*k l? J x /i I JI .\'l *2 ,V» 30/10 2/10 3/10 IVM 14/11 15/11 li/ll 17/11 27/10 0/11 11/n U/ll t i ,i *'l .l'l 7/10 »/i« 10/10 2#/u
      1,244 words

  • Page 39 Advertisements
    • 1541 39 X NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 mm FAR EAST SERVICE 2787a00 IMPORT CFS -F9 *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/india/pak service > NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL:
      1,541 words
    • 560 39 2 C* mm.** YOUR RELIABLE FREIGHT FORWARDER BB m Iff I CUSTOMER SERVICE: 222 0717 FAX: 222 7969 m MAiN LINE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 23/08 Kaohsiung ETD 22/08 Pt Kelang ETD 24/08 Busan/Hong Kong ETD 24/08 Bangkok ETD 24/08 Japan ETD 23/08 Jakarta ETD 23/08 Madras
      560 words
    • 1192 39 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 EASTBtXIC—DttCHAKQNG WESTBOUND—LOACTNC TKAJCMPPED VIA ROTTERDAM ntstu tor law hkg
      1,192 words

  • Page 40 Advertisements
    • 1696 40 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (C* **********0N) W IWT TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 m m H m MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JJKL Jk m m TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. ■■■B KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana
      1,696 words
    • 1121 40 PHILI-ORI€NT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 CfjQ BY AIR, LAND OR SEA.... 4S6\ SSL- WE TAKE ON THE WORLD FOR YOU sjjjjp MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION miw MMWT-i 24 AUG NAPIER. CHBISTCHUBCH 27 AUG SUVA,
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  • Page 41 Advertisements
    • 2096 41 PACIFIC INTERNATIONAL LINES (PTE) LTD Mm 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********04 JAKARTA |~BANQKOK 1 VESSEL VOY STR BKK SIN BUNGATERATAI Ma Jl/« M/i KOT B4NTANQ KBT3ON 18/8 21/8 25/8 KOTASURIA KSR32N 19/8 22/8 29/9 KOiri i2Sam 5/2 S/« ESTEBRUGQE 23N 21/8 24/8
      2,096 words
    • 856 41 €0t A 1 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|p GUDANG| PENANG PKELANG OCEAN VSL/VOY SIN SOU(1) RTM (2) MAM (3) GOT (4) E 14/6 14/8 15/8 BENAVON 2322 18/8 4/9 6/9 7/9 9/9 E 21/8 21/8 22/8 JUTLANCMA 2332 25/8 11/9 13/9 14/9 16/9 D 28/8 28/8 29/8
      856 words
    • 225 41 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 Sap ETA Lagos 20 Oct Port Harcourt 26 Oct Calabar 30 Oct °BSA» TRANSPORTATIGN mm MYANMA pun FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kit Pen P.Gdf AVA VII6W 11/21 Au( 14/16 Auf
      225 words



  • Page 44 Advertisements
    • 3004 44 I Full Container Liner Services > 6Mm/fen* Booklna Aaeals: »M cinm am smm s*. M ~t. mma*. AMw* w'ZZ"""*"" m,2"Z"£*moou HST/'l.« 2 Mistrt Hoad -f/ Hill Street Selangor Oarul ihsan let 442 5091 442 508/ fel (21)*****//361/64 'ZZ'tZ' 5 a~.av4.tcmm*.*>,**>, MX, a*, mm, W X),CUA} Singapore 061/ PottKeiang Dookmgs 226
      3,004 words
    • 262 44 SAMUDERA INDONESIA (S) PTE LTD 13 McCALLUM STREET #89-01/02 NATWEBT CENTRE mM Singapore 0100 T*t«x. R*****0 Tat: *****01-3 Fa*: 229 4030, *****30 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 936 IN PT 20/08 (THU) OERAJAT 995 IN PT 21/06 (FRI) MAJESTY 905
      262 words

  • Page 45 Advertisements
    • 641 45 (t£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/8 ROTTERDAM 26/8 HAIFA/ASHDOD/ALEXANDRIA 26/8 HAMBURG/BREMEN 26/8 MARSEILLE/FRANCE 26/8 FELIXSTOWE/UK 26/8 BARCELONA/SPAIN 26/8 LEHAVRE/ANTWERP 26/8 GENOA/ITALY 26/8 GOTHENBURG/SCANDINAVIA 26/8 LOS ANGELES/WC/IPI 26/8 SYDNEY/MELBOURNE 20/8 NEW YORK/EC 26/8 FREMANTLE/ADELAIDE 23/8 VANCOUVER 26/8 BRISBANE
      641 words
    • 803 45 n^^^JSHFIE^MKRINEAGEIiCIt^S^T^n^^ Si TEL: *****33 (12 Lines) FAX: *****15/*****03 [FH| TELEX: RS ***** RISHIP (3 Line*) \M\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA I LOADING FOR SPORE ABYOT 29W8 03'09 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANOINET 28WB 02/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      803 words
    • 767 45 JAKARTA BANGKOK vessel I wr «w I kt I vpsa wr vmmm mmbhm WANA BHUM 154S 19/09 22/09 WRA BHUM 19H Tu« In W fri 21/09 BEWIA BHUM 40S 22/09 25/09 IARU BHUM 39H fri 21/09 Mow 24/09 WANA BHUM 155S 26/09 29/09 NANTA BHUM 103N Sat 22/09 Wed 26/09
      767 words

  • Page 46 Advertisements
    • 1562 46 GROUPAGE MVy \> JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 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 19/8 20/8 21/8 Hong Kong Ldn/Fl*/Rdm/Ant 20/8 21/8 22/8 23/8 24/8 25/8 Hong Kong G'burg/C'hagen/S'holm/Oslo 23/8 24/8 25/8 26/8
      1,562 words
    • 303 46 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL IYT SM AUST STAR 0526 24/8 5/9 7/9 24/9 PROSPECT 20S 6/9 IS/9 20/9 6/10 HI STAR 0528 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL Si LCL FOR NEW
      303 words
    • 1133 46 THONG SOON LINES PTE. LTD. 77 RO6WSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIOHAL/CbNTAINER I 66NTAIHfefr teRVHSES SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |VOY |S PORE IPEST VESSEL VOY "TSPORE f.
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  • Page 49 Advertisements
    • 16 49 Mvery of contemn from btodu H6/81/Q6 is restricted between 1500 aid 2100 hours on Auj It
      16 words
    • 88 49 f FOR SUCCESSFUL MANAGEMENT OF YOURBU|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 wani the competitive edge. Plus an occasional look at
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  • Page 49 Miscellaneous
    • 425 49 TIDES AND WEATHER TODAY'S TIDES (height in metres) MM MM 0100 0200 0310 MOO 0500 MM7M MOO ***************0 *****410 ISM 1600 17M1M01M0 20M 21M 22M 23M JR 2.4 2.7 2.8 15 2.1 1.4 0.9 06 0.5 0.5 08 1.4 2.1 15 2.6 2.5 2.2 1.6 1.1 0.8 0.6 0.6 0.8
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  • Page 50 Advertisements
    • 526 50 1 W3W LIAN HUAT SHIPPING CO (PTE) LTD. 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
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    • 512 50 11 cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/00 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/06 20/00 Huangpu/Guangzhou COSCO FUCL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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    • 392 50 Aflatssxfl 800 Australia <& New Zealand SteA Weekly LCL Consolidation CARGOFLO Singapore-Australia v Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand v I Auckland Wellington Lyttleton 1 1 yt New Plymouth Napier Christfihnrrh 1 mMm Fax 227 2Q83 F HMBMHRMHMHMHBMHHHMHIBHMI Ok SKH DISTRIPARK PTE LTD r 77 Robinson Road *16-02 SIA
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    • 70 50 KAWASAKI KINKAI KISEN KAISHA. LTD. JAPAN/ HONG KOMfi STRAITS Sport P.Gudanf P.KeUnf Petunj ESTE FRESCO VI SID M PT SHWSHU MARU V 2 23/1 25/1 JUPITER ACE *17 25/8 27/1 EROS VI 26/8 21/8 CITRON iAOC V 2 5/9 BECCIES V 29 7/9 9/9 CI m U3M92MOU SPORE: AB SHIPPING
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  • Page 51 Advertisements
    • 682 51 A HYUNDAI! MERCHANT MARINE CO. LTD. ASIA/EUROPE EXPRESS (AEX) CONTAINER SERVICE MAIDEN VOYAGE HYUNDAI EXPLORER V3OIW -CALLING SINGAPORE 30 AUG 92 k 18 SEP 92 i ETA/HAMBURG 19 SEP 92 ETA/FELIXSTOWE 22 SEP 92 p p I TEL: FAX TLX TEL. FAX TLX ft KUALA LUMPUR 03-*****00 03-*****52 MA *****
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    • 485 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO A HEAVY LIFTS INBOUND VESSELS ftsai NT V PI IK U COSBK lAS TEA II Sll SLI CttSMK FMMER 24 ft* II I MAKE KEAI IM SID AIEIU 1? 2|/| 21/1 MA 21/1 MAN KLIN 14 27/t umu IS 2/1 4/1 SWAM I
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    • 1082 51 our usa —SERVICE CALLS i**" l 'w* I*** i'» I"** iiim io«' [5 SINGAPORE 55= 5 DIRECT EVERY 1 ,WJ W «UMTOI HK 1M224 11-21/01 M/W H/H W W W/W W/W 11/W 11/W 11,11 WEDNESDAY A aiii >w> am uistnamuu *****s 2%-vm ivw u/w im TTw uim Tm» wii wm
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  • Page 52 Advertisements
    • 277 52 .jjC9'M Someone dose has been Rving HSSSK* K Your in Canada for some years. You've given up EsmiEE KriTTTSH iE2? u The Straits Times to home Weekly teds it better. r*with news (He might home. comeback kniMimK' after reading all f$SM* the good news.) principals You've posted business You travel
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    • 86 52 Every Saturday in Business Times CONTAINER VESSEL FOR CHARTER Norwegian Principal has a Container vessel with capacity 200 TEU for charter in the Far East Region. Interested, please contact: Norwest Management Co. Pte Ltd Tel: *****96 Fax: *****63 Telex: RS ***** Norwes 1 Person-in-charge: B.S. Hoon/Espen Goh p. Suitable applicants
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