The Business Times, 19 August 1992

Microfilm: NL18500
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, August 19, 1992 75*
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  • NEWS SUMMARY
    • Article
      No rights issue for Cheung Kong this year: Li
      109 1 HONGKONG There will be no rights issue or share placement for Cheung Kong this year, the chairman of the Hongkong company, Li Kashing, said yesterday. Quashing rumours in the Hongkong market that Cheung Kong would follow suit after Hutchison placed 300
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    • Article
      US housing starts down 2.8pc in July
      59 1 WASHINGTON Housing starts fell 2.8 per cent in July despite the lowest interest rates in nearly two decades. The Commerce Department said yesterday that construction of new single family homes and apartments totalled 1.12 million at a seasonally-adjusted annual rate, down from 1.15
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  • MARKETS SUMMARY
    • Article
      Dow lower
      29 1 WALL STREET opened slightly lower yesterday, with the Dow Jones index of 30 leading industrials falling 2.73 points to 3,322.16 in the first five minutes of trading.
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    • Article
      Footsie lower
      42 1 LONDON share prices were lower at midday yesterday on the London Stock Exchange. At about 1130 GMT, the Financial Times-Stock Exchange 100-share index was down 12.7 points, or 0.5 per cent, at 2,363.4. Volume at midday was 183.9 million shares.
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 636.62 -11.29 Kuala Lumpur ....556.24 -12.01 Tokyo 14,309.41 -620.14 Hongkong 5,675.16 +7.31 Sydney 1,565.0 +6.0 Monday Change New York 3,324.89 -4.05 London 2,376.1 +19.3
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.6100 100 Yen S$ 1.2742 MS SS 0.6440 Money market rates Overnight 3 unch 3-month 2-1/4% +1/16
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS336.55 -US$0.95 Rubber S'pore Sep.... 141.25'/kg -1.75 M'sia Sep 2l8.50Vkg -1.00 KL Tin Turnover 20 tonnes -42 Spot MS16.82/kg +0.17 Crude palm oil Turnover 398 lots -272 Sep MS838 /tonne +3
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  • Article
    Lock icon Wang Laboratories shocks industry
    299 1 AP BOSTON Wang Laboratories Inc jolted the computer industry yesterday by filing for bankruptcy protection, culminating the collapse of a once-mighty company that was swept aside by a rapidly changing market. "This is a drastic step that I deeply regret," chairman Richard Miller said in a
    AP  -  299 words
  • Article
    Stat board listings will add needed depth to market
    752 1  -  But no quick reversal of bearish mood expected By Amy Balan, Chuang Peck Ming SINGAPORE The proposed privatisation and listing of Singapore's major statutory boards Telecom, Public Utilities Board (PUB), the Mass Rapid Transit Corporation and the Port of Singapore Authority
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  • Article
    Shenzhen share stampede holds up listing of B shares
    398 1  -  From Catherine Ong THE share stampede in Shenzhen and a review of strategy by the Shanghai Stock Exchange have held up the listing of several B share issues, banking and broking sources here say. Dealings in three issues which were fully
    398 words
  • Article
    Luxury cars come cheap
    143 1 SINGAPORE People will pay a mere 51,500 for the right to put a luxury car on the road next month, compared with the $21,008 luxury car owners had to pay for a certificate of entitlement this month. The dramatic plunge in the COE price in this
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  • Article, Illustration
    Lock icon Tokyo outlines plan to boost market as Nikkei hits 6-yr low
    480 1 SINGAPORE Japan's Finance Ministry yesterday unveiled a package of measures to support the ailing stock market as the key Nikkei Average plunged 620.14 points to 14,309.41, its lowest closing since March 12, 1986. Prices slumped on prospects that companies
    Charts by TeleTrac  -  480 words
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      472 1 BRI I QB H Centrepoint #01-30, Tel: 737 4509 Liang Court expansion PROPERTY-based Liang Court is mapping out expansion plans for the region in Kuala Lumpur, Bangkok, Jakarta, Johor Bahru and Ho Chi Minh City. The projects, each costing between $20 million and $100 million, are currently under study, according
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      4 1 Full report, Pg 2
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      25 1 Bush plans comeback UK" tH Mi Til make the most stunning political comeback since Harry Truman,' said US President George Bush. Full report Back Pg
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      77 1 MELWANI #01 -18 International Building i THf nuN-i fMHKN sTo»t Tel: 737 5342 #02-55/56/59 Wisma Atria Tel: 235 5325 #01 -25 Paragon By Sogo Tel: 732 2556 Hock Lock Siew: Was CityDev hasty in buying Delfl? Pg 4 Khamis to testify in Christiania Bank case, Pg 3 More reports, Pg
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  • PAGE 2 NEWS
    • Article
      Average car quota premium falls 0.1pc
      453 2  -  Plunge in luxury car premium offsets rises in other categories By Rahita Elias SINGAPORE The average quota premium for cars dropped marginally in September to $14,977 0.1 per cent lower than the average for this month. The fall was due mainly to the plunge
      453 words
    • Article
      Market awaits Singapore Telecom listing
      651 2  -  Privatisation: How the candidates weigh in Analysts rate it as a stock everyone will want in their portfolio By Diana Oon SINGAPORE "A stock that everyone will want in their portfolios" is what a senior analyst expects Singapore Telecom's shares to be when it is
      651 words
    • Article
      PSA an attractive investment: analysts
      316 2 SINGAPORE The Port of Singapore Authority (PSA) is likely to be an attractive investment when it seeks a listing on the Stock Exchange of Singapore. Arguably the richest statutory board here, the PSA boasts a cash hoard of about $2.3 billion. In the last financial
      316 words
    • Article
      Good demand likely for PUB shares
      258 2  -  By Lilian Ang SINGAPORE Demand for shares of the Public Utilities Board (PUB) should be strong and its offering will be very well-received, as was the case with its Malaysian counterpart Tenaga Nasional's exercise in May this year, analysts say. Ultimately, the government's plan
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    • Article
      SMRT not good listing candidate yet
      241 2 SINGAPORE Analysts and bankers say the Singapore Mass Rapid Transit Corporation (SMRT) is still far from being a serious candidate for listing on the stock exchange. The reason they give is that the SMRT just does not have what it takes a profit record
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    • Article, Illustration
      Lock icon Labor govt announces A$13.4b deficit
      629 3 Australian Budget 1992-93 Analysts see Budget as bold bid to stay in power Reuter CANBERRA Australia's Labor government yesterday pushed the country's shaky economy into a A 513.4 billion (S$ 15.6 billion) Budget deficit the largest for 40 years in what analysts said was a
      Reuter  -  629 words
    • Article
      SET bid to turn Bangkok into leading regional financial capital
      391 3  -  From Andrew Cooke in BANGKOK THE Stock Exchange of Thailand (SET) has launched an aggressive bid to turn Bangkok into the leading financial and capital market in the region. Fresh with a new board and president as well as a
      391 words
    • Article
      Khamis to testify in Christiania Bank case
      396 3  -  By Dawn Tan SINGAPORE Bankrupt former businessman Elyamani Khamis yesterday agreed to obey an order from the Law Minister, Professor S Jayakumar, to testify in court in connection with $72 million of standby letters of credit issued to him by Norway's Christiania Bank.
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    • Article
      New York, New Jersey may set up trade office in S'pore
      376 3  -  By Rahita Elias SINGAPORE The states of New York and New Jersey are planning to establish a trade development office in Singapore, as a launching pad to South-east Asia. Singapore-based Desmond Tamaki, general manager for South-east Asia of the
      376 words
    • Article
      Govt expands efforts to help industries upgrade
      258 3  -  By Helen Chang SINGAPORE The government is expanding efforts to help local enterprises upgrade their operations by setting up a new centre and widening an existing scheme to include more industries. The Local Industry Upgrading Programme (LIUP), which links multinational companies with local
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      176 2 f *t? i V/f fc -v> Br mFWK M J^l^®^ 5f N We Probably Know More About Aircraft Than Any Other Airline. (We Also Build Them, You See.) Time was when our technical abilities extended merely to the maintenance of aircraft. Till one day, when the manufacturers, rather pleased with
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      372 3 AUDITING IN AN IT ENVIRONMENT BY PROFESSOR ANDREW CHAMBERS (ba, fiiajfbscjfca^fcca) A SEMINAR ESPECIALLY DESIGNED FOR INTERNAL EXTERNAL AUDITORS, EDP I F MANAGERS, IT SECURITY CONSULTANTS I VI9H This seminar was run in May this year in COURSE LEADER Kuala Lumpur and because of the positive evaluation Professor Chambers is
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      19 3 Most Thai listed firms post higher profits, Pg 6 S'pore banks keen on Thai offshore banking units, Pg 7
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      39 3 REVUE THOMMEN cricket Great Story Invented in 1947. as the world s first wrist alarm watch, it became the faithful companion of four US Presidents Today, you can still be the proud owner of this historical timepiece Mechanical movement.
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Keppel's Philippine unit posts record turnover
        80 4 SINGAPORE Cebu Shipyard and Engineering Works Inc, one of Keppel Corp's Philippine subsidiaries, posted a record turnover in the first half. Strong demand for drydocking and shiprepair services from international shipowners boosted interim turnover by 26 per cent to 124.7 million pesos (557.7 million)
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      • Article
        SAe unit clinches US$10m deal
        47 4 SINGAPORE Singapore Aerospace's wholly-owned US subsidiary. Mobile Aerospace Engineering Inc, has clinched a US$lO million (5516.1 million) contract from Federal Express. The contract covers modification of one aircraft, with an option to do passenger-to-freighter conversions for up to 12 more Boeing 7275.
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      • Article
        PSC subsidiary buys Johor factory
        47 4 SINGAPORE Econfood Manufacturing (M) Sdn Bhd, a wholly-owned subsidiary- of Provisions Suppliers Corp Ltd, has bought a factory in Johor for M 52.5 million (551.61 million). The company said it will relocate its existing operations at Pasir Gudang to the new factory.
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      • Article
        Corrections & clarifications
        42 4 Corrections clarifications IN yesterday's BT, we reported that EON had purchased nearly 4.6 million Cycle Carriage shares for M 527.81 million. The purchase price should have been in Singapore dollars and not Malaysian ringgit as reported. We are sorry for the error.
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    • Article
      Maybank's group net earnings up 24pc
      196 4 SINGAPORE Malayan Banking Bhd yesterday reported that group net earnings for the year ended June 30 jumped 24 per cent to M 5260.75 million (S$ 166.8 million) from M 5209.64 million the year before, in line with Malaysia's strong economic growth. At company level,
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    • Article, Illustration
      Liang Court expanding with regional projects
      374 4  -  By Lilian Ang SINGAPORE Propertybased Liang Court is mapping out expansion plans for the region with several projects, each costing between $20 million and $100 million, currently under study. Harold Tan, Liang Court's general manager, told BT that the newly-listed group "is looking at
      374 words
    • Article
      Innovest directors bought 20pc stake
      489 4  -  They took over controlling stake from MUI to avoid fire sale of assets From Leslie Lopez in KUALA LUMPUR SENIOR directors of Malaysia's debt-heavy Innovest Bhd yesterday declared that they were the mystery buyers of a controlling stake in the company from diversified Malayan United
      489 words
    • Article
      Inno-Pac sells part of Lucky Man stake at HK$1.3m net loss
      269 4  -  By Genevieve Cua SINGAPORE Beleaguered Inno-Pacific Holdings Ltd has finally sold some holdings in its ill-fated Hongkong investment Lucky Man Properties Ltd. The sale of a total 6.36 million Lucky Man shares to three individuals will yield HK$ 12.99
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    • Article
      Berjaya Leisure to cut B Singer stake by 28pc
      452 4  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S aggressive corporate raider Vincent Tan Chee Yioun announced a house-cleaning exercise yesterday to cut massive debts saddling his diversified Berjaya group of publicly-listed companies. Among several related announcements issued to the Kuala Lumpur Stock
      452 words
    • Article, Illustration
      Ex-EDB official comes aboard Sembawang
      247 4 SINGAPORE Sembawang Holdings has appointed Leong Cheng Chit as group director of business development to spearhead its diversification into manufacturing and specialised engineering services. Prior to taking on his new responsibilities three weeks ago, Mr Leong worked for the Economic Development Board (EDB) as director
      247 words
    • Article
      Was CityDev hasty in buying Delfi?
      529 4  -  THE HOCK LOCK SIEW COLUMN Why was cash-rich CDL Hotels not used as vehicle for the deal? By Lee Han Shih SINGAPORE With the retail industry along Orchard Road rather dull, the question of why City Developments was willing to pay $95 million for
      529 words
    • COMPANY BRIEFS
      • Article
        Siemens Nixdorf to cut workforce by 6,000
        71 6 MUNICH Siemens Nixdorf (SNI), the computer division of Siemens AG, said yesterday it would reduce its workforce by 6,000 people by the end of financial year 1994/95 as part of a second cost-cutting programme. A SNI spokesman confirmed the layoff figure, first reported
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      • Article, Illustration
        Maxwell's hearing adjourned
        76 6 LONDON A petition for Kevin Maxwell's (left) personal bankruptcy was adjourned after a private hearing in the English High Court on Monday, lawyers said. Maxwell, son of the late publishing tycoon Robert Maxwell, told reporters afterwards that the next hearing would be on Sep 1. Kevin Maxwell's
        76 words
      • Article
        India proposes national bourse
        79 6 NEW DELHI India proposes to open a national stock exchange which would serve as a model for its existing 16 stock markets, Finance Minister Manmohan Singh informed Parliament yesterday. Mr Singh gave no details, but said "the revamping of the stock market was engaging the attention
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      • Article
        Higher earnings at plastics firms
        96 6 TAIPEI Formosa Plastics and Nan Ya Plastics, two of Taiwan's largest industrial companies, have reported higher firsUbalf earnings compared to the same period a year ago. Foratosa Plastics said pre-tax profit rose 12 per cent to NT|23l billion (SSI4B million), while revenues declined 8 per
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    • Article
      Lock icon Chinese joint venture seeks NY listing
      226 6 AP BEUING A Chinese joint venture company has applied for a listing on the New York Stock Exchange, an official newspaper said yesterday. It would be the first listing of a China-based company on a foreign stock market. The China Daily quoted Zhsng Liping,
      AP  -  226 words
    • Article
      Most Thai listed firms post higher earnings
      640 6 BANGKOK About 70 per cent of listed and authorised companies on the Stock Exchange of Thailand (SET) reported higher net profits for the first half year compared with the same period last year, according to a report in The Nation. Their improved six-month
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    • Article
      Lock icon Foster's likely to reduce carrying value of assets
      201 6 Reuter MELBOURNE Foster's Brewing Group Ltd has said it is likely to reduce the carrying value of its assets when it announces results for the June 50 year in mid-Sep-tember. In reply to a query from the sfgß exchange over the reeenrM
      Reuter  -  201 words
    • Article, Illustration
      Lock icon Computer price war in Japan?
      342 6 US, Taiwanese companies making inroads with low-priced models NYT TOKYO The Japanese personal computer market may soon find itself in a price war as US and Taiwanese companies have begun making inroads with lowpriced machines. Several Japanese manufacturers, however, said they have no immediate plans
      NYT  -  342 words
    • Article
      Lock icon Toys 'R' Us chalks up 40pc profit rise
      307 6 Reuter PARAMUS Toys 'R' Us Inc has reported a 40 per cent surge in profits for its second fiscal quarter, citing strong demand in "basic toy categories" at home and abroad. The world's biggest speciality retailer for children said on Monday that
      Reuter  -  307 words
    • Article
      Lock icon China Resources to inject property assets into Winland
      267 6 Bloomberg HONGKONG China Resources (Holdings), one of China's largest enterprises in Hongkong, will inject some major real estate assets into Winland Investment and raise its stake in the concern to 51 per cent from 32.6 per cent. In a joint statement announcing
      Bloomberg  -  267 words
    • Article
      Lock icon Property developers woo proposed Manila unified stock exchange
      473 6 MARKET TALK Reuter MANILA Two leading property developers are battling to provide premises for a proposed unified Philippine stock exchange which would replace the country's two existing bourses. The two real estate firms are trying to woo the Manila and Makati stock
      Reuter  -  473 words
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      74 4 fIMiIHEMAHCET PAGES •KL shares hit 7-month low 21 HK stocks end higher 24 Singapore I fawns J OCEAN TOWERS vi- -25/ Direct link to the MRT Column-free office 1' space Computerised building management 1 4 system Sophisticated card-key security system High speed lifts Ample carpark lots CD j OFFICES FOR
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      187 5 I With this fuel card, J| never been easing ""1 A new feature which no other Accepted at all Shell stations Apply now for the only fuel fuel card offers in Singapore card you'll ever need The Shell Card now lets you enjoy even more The Shell Card is the
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      178 6 sssss ACMA Mobile $plit-Airconditioner Makes Coolness a Moving Experience. ST Si 1 M\//h4\ pjgff I »M>M w !m l[j E^^Kpfr™)i! '.M«u»\p are a offiu-hotm. 2 Now you can stay cool wherever you are with the Acma SP 2200 mobile airconditioner. Compact and wheel-mounted, you can move it anywhere from room
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  • FINANCIAL NEWS
    • Article
      S'pore banks keen on Thai offshore banking licences
      418 7  -  By Quak Hiang Whai SINGAPORE Thailand is preparing to authorise domestic and foreign banks to carry out offshore banking services to attract international banking business in line with its bid to become a regional financial centre like Singapore and Hongkong. Supachai Pisitvanich,
      418 words
    • Article
      Lock icon Citicorp could offer stock again to lift capital ratios
      576 7 Reuter NEW YORK Citicorp's bid to further boost capital ratios could lead to another stock offering beyond the US$65O million (551.05 billion) one planned, analysts said. Amid Citicorp's surprise disclosures last Friday about regulatory supervision and restated earnings, chairman John Reed
      Reuter  -  576 words
    • SMALL CHANGE
      • Article
        UK insurance broker sees tough year ahead
        63 7 LONDON Sedgwick Group Pic, Britain's largest insurance broker, said yesterday it saw no sign of an upturn in its major markets and forecast a difficult year ahead. The company reported a fall in 1992 first-half pre-tax profit to £51.7 million (S$ 160.3 million)
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      • Article
        Korean banks keen on China
        46 7 SEOUL The state-funded Korea Development Bank, the Export-Import Bank of Korea and the private Commercial Bank of Korea plan to open representative offices in China. The three are seeking China's permission after the South Korean government gave them a preliminary go-ahead.
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      • Article
        Peregrine's stake in Comprehensive
        58 7 PORTLAND Peregrine Holdings Ltd said it would continue accumulating shares of Comprehensive Care Corp to increase shareholder value through a restructuring of the company's assets and allow Comprehensive Care to focus on operations. Peregrine is a privately-owned merchant banking firm which owns or has the right
        58 words
      • Article
        Giles Securities sues Salomon
        59 7 NEW YORK Giles Securities Co has sued Salomon Bros Inc for allegedly manipulating the market in two-year treasury notes during a two month period last year, it was disclosed on Monday. Giles Securities accused Salomon of violating Federal anti-trust, securities and civil racketeering laws in a
        59 words
      • Article
        Lloyd's to name CEO next month
        44 7 LONDON Lloyd's of London will announce the appointment of its new chief executive after the next Council meeting in September. The last chief executive, Alan Lord, retired from the post after six years at the end of June.
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    • Article
      Lock icon German bank profits hit record in 1991
      269 7 Reuter FRANKFURT West German banks had record operating profits and pre-tax earnings in 1991 and held those levels for the first half of the current year, the German central bank said in its August report yesterday. Operating profits totalled 34.8 billion marks (5538.3
      Reuter  -  269 words
    • Article
      Lock icon Nippon Credit to close 5 units abroad
      236 7 AFP TOKYO Nippon Credit Bank Ltd, the smallest of Japan's three long-term credit banks, has adopted a major cost-cutting programme including closure of up to five overseas units, a spokesman said yesterday. In another sign of Japan's economic doldrums, the spokesman said the
      AFP  -  236 words
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      151 7 Ohvena *im r»s Mow* vor When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And Ive reached the point of Delirium. CONCORD. THE CONCORD OtLRIH® 18K GOLD HffTH DIAMONDS
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  • THE REGION
    • NOTE BOOK
      • Article
        M'sian timber exports down
        71 8 KUALA LUMPUR Malaysia's timber exports fell by 9 per cent to 1.26 million cubic metres from January to May of this year compared to the same period last year, the Malaysian Timber Industry Board said on Monday. Stronger prices, however, resulted in only a one per
        71 words
      • Article
        Thailand to get ADB loan
        51 8 MANILA The Asian Development Bank announced yesterday that it has approved a US$93 million (S$ 149.7 million) loan to Thailand to improve the country's road network. The loan, from the bank's ordinary capital resources, is payable over 25 years, including a grace period of five
        51 words
      • Article
        Slower growth in industry sales
        74 8 MANILA The severe power crisis cut down industry sales to only a 6 per cent growth rate for the first six months of the year, or half of the growth achieved for last year's comparable period. The Department of Trade and Industry said in a
        74 words
      • Article
        Threats to NAM summit
        55 8 JAKARTA Indonesian Military Chief General Try Sutrisno yesterday warned of possible threats to the NonAligned Movement (NAM) summit to be held here in September, the Antara news agency said. He said elements from "overseas or from certain circles at home" could intend to disrupt the summit
        55 words
    • Article, Illustration
      Lock icon Thai phone chief removed over graft: charges
      258 8 Reuter BANGKOK Thailand's Communications Minister yesterday ordered the removal of the head of the state telephone company, Paiboon Limpaphayom, while corruption investigations take place. Minister Nukul Prachuabmoh said Mr Paiboon would be made adviser to a telecommunications project. Mr Paiboon was directorgeneral of
      Reuter  -  258 words
    • Article
      Lock icon Mahathir urges Chinese to share business skills
      476 8 PM criticises practice of using Malay partners as tool Reuter KUALA LUMPUR Malaysia's aim to spread wealth to politically dominant Malays should not be seen by ethnic Chinese as an injustice but as an opportunity to share business skills, Prime Minister Mahathir Mohamad
      Reuter  -  476 words
    • Article
      Lock icon M'sian cigarette industry faces biggest-ever threat
      374 8 AFP KUALA LUMPUR After 14 years of craftily outmanoeuvring advertising laws, Malaysia's cigarette industry is facing its biggest-ever threat a possible end to publicity. If a law proposed last week to sweep cigarette brand names from the electronic and print media goes ahead, tobacco
      AFP  -  374 words
    • Article
      Lock icon Nafta seen as threat to Indon competitiveness
      256 8 Bernama-Antara SEMARANG, Indonesia The North American Free Trade Agreement (Nafta), already signed by the United States (US), Canada and Mexico, will threaten the competitiveness of Indonesia and other developing countries. "On the other hand, Nafta is exceptionally beneficial to Mexico, because this country
      Bernama-Antara  -  256 words
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      275 8 ETON HALL ETON HALL, Singapore (Boarding Facility for Foreign Local Students) B*' Situated m lush, green tranquil surrounding in Alexandra Parte, this 44,000 gl sq. feet building can house 160 male A Jkj fM female boarders from ages of 10 yean I upwards. H Full meals (with choice variety), fully
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      31 8 IF THE SHOE FITS 3lif BOY IT! Take a walk through the properties section of The Straits Times Classified for the largest selection of "shoes" for sale or rent. CATS. 737-1166
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  • THE WORLD
    • Article
      Lock icon US ready to strike Gatt deal despite election
      500 9 Reuter HOUSTON The Bush Administration is ready to strike an international trade deal despite the on-going presidential campaign but is looking to Europe to propose a way to help bring that about, a senior US official has said. US Trade Representative Carta
      Reuter  -  500 words
    • Article, Illustration
      Lock icon Apathy in CIS universal a year after coup
      437 9 Reforms bogged down, old leaders continuing as before AFP MOSCOW A year after a three-day coup which sped the collapse of the Soviet Union, the dominant characteristic in Moscow is apathy as prices soar, corruption becomes deep-seated and many of the old
      AFP  -  437 words
    • Article
      Lock icon Export boost may narrow US June trade gap
      421 9 Reuter NEW YORK A pick-up in exports, mostly in capital goods like commercial airplanes, should help narrow the US trade gap in June, economists say. But the improvement won't be enough to revise upward economic growth forecasts for the second quarter, which
      Reuter  -  421 words
    • WORLD WATCH
      • Article
        Seoul forced to relax M-2 growth target
        100 9 SEOUL South Korea, striving to fight inflation by reining in money supply growth, said it would be forced this month to relax its target in order to aid ailing firms squeezed by high interest rates and a sagging economy. The Central Bank of
        100 words
      • Article
        Japanese firms to cut spending
        73 9 TOKYO Amid deepening economic troubles, Japanese firms have decided to slash further their capital spending plans for the year to March, marking a 4 per cent fall from the previous year, a report said yesterday. The Nihon Keizai Shimbun, publishing a survey conducted early this
        73 words
      • Article
        Indian garment exports
        52 9 NEW DELHI India exported garments worth an estimated US$2.4 billion (SS3.B billion) in fiscal 1991-92, Minister of State for Textiles Ashok Gehlot informed Parliament on Monday. He said exports in the current financial year were expected to go up to US$2.7 billion. India's fiscal year ends on
        52 words
      • Article
        China opposed to hegemony
        71 9 BEIJING Foreign Minister Qian Qichen, seeking to reassure China's neighbours, told a UN gathering his government's intentions are peaceful and that no country should seek regional hegemony. Mr Qian's speech on Monday, at the opening of the UN Conference on Disarmament and Security Issues in the
        71 words
      • Article
        Swiss buying German firms
        43 9 ZURICH The Swiss are among the top foreign investors taking over newly-privatised firms in the former East Germany with some 71 firms bought to date for 700 million marks (Ss77o million), an official German source said here on Monday.
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    • Article
      Lock icon Japan's rice shortage likely to put import ban under pressure
      436 9 NYT TOKYO At a time when it is resisting international calls to open its market to imports of rice, Japan has an embarrassing problem a rice shortage. The shortage, while not affecting consumers much, has more than doubled the prices
      NYT  -  436 words
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      208 9 r? oi Patent J to be explored, developed and J 9 S £j| CHINA PATENT AND INNOVATION 1 PRODUCTS EXHIBITION 92 9 held concurrently with, 9 8 A INTERNATIONAL DESIGN, INVENTION, m PATENTED PRODUCTS EXHIBITION "92 2 19th to 23rd August 1992 9 m IMM HALL 2, SINGAPORE. Trade and
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      64 9 IHv i v I A "A FOR sauby P°">-<"G count, Ji BUCTeN MR rr—asaSSKC fhec ommerciaiL developm ents U Th t ebest names Cenf raistati 0n precin cts and ret °Wng SlnA "straij an s^ow/nQU^ anC n9 pr °Perfy H dt) cc upanrv Z eturns cywtth an teoder l^^^ 1
      64 words
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  • Article
    UN must decide on Iraq
    482 10 EDITORIAL LESS than two years after Saddam Hussein was forcibly evicted* from Kuwait, he is staring eyeball-to-eyeball with the world again. Not only has Saddam refused to comply with the terms of a ceasefire which spared him further punishment, he is threatening to invade Kuwait
    482 words
  • WHAT THE OTHERS SAY
    • Article
      The way to a good life
      261 10 FOR SINGAPORE, global competitiveness is more than a critical national pursuit at its present stage of economic development, a point the Prime Minister put forward forcefully in his rally speech. It is also the only real solution to the problem of rising costs. For
      261 words
    • Article
      A political tradition
      134 10 IN SINGAPORE, it has become a "political tradition" for the Prime Minister to make the National Day Rally speech to the masses through live telecast, in which he gives an analysis of current problems faced by the country. Looking at the speech made by PM Goh this
      134 words
    • Article
      The Nafta challenge
      129 10 THE FORMATION of the North American Free Trade Agreement (Nafta) has posed a very great challenge to the rest of the world, especially to Asean countries that depend very much on international trade. Nafta will be the world's largest trading bloc linking 360 million North American consumers
      129 words
  • REGIONAL VIEWPOINTS
    • Article
      Independence journey
      163 10 THE national development programme launched by President Suharto in 1969 has further strengthened that foundation and brought us closer to our national goals of ensuring a free, united, sovereign, just and prosperous society. There will be even more reason to be grateful to our founding fathers when we
      163 words
    • Article
      A single, united family
      168 10 THERE is a lesson to be gleaned from the spirit of cooperation among the Barisan leaders. The rakyat would do well to develop the deep understanding and feeling of oneness in existence among these leaders. Indeed, we need to feel that we are members of a
      168 words
    • Article
      Policing police
      194 10 THE PUBLIC has a right to know that when alleged police misdemeanours are reported they will be properly looked into by an impartial body and not discussed within the organisation behind closed doors and then hidden away. Some western nations allow outside scrutiny of police affairs. Even in
      194 words
  • Article
    Thrift and loan co-ops enjoy growth
    955 10  -  The number of people belonging to thrift and loan co-operatives has risen steadily since the 1984 recession. Chua Chwee Leng looks at the performance of these societies Chua Chwee Leng AT A TIME when banks arc offering 3.5 per cent or less for fixed
    955 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      281 10 Business within easy reach, 44 times a week. Singapore Jakarta If you're a business traveller to Jakarta, youll be in good hands with Garuda Indonesia. That's because we have 44 flights to Jakarta every week at very convenient times. With up to 8 flights daily, youll enjoy superb comfort whether
      281 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      70 10 POONESBURY GARRY TRUDEAU 3J6J/M' NEVER BETTER, JUSTGREAT' HEE, HEE! NO NO, WELL COMBS YOUR. FIRST HOWS IT PHIL, NEVER- 15 THAT YOUR THATSMYNEW THAT'S YOUR WITH THE TER- UH..NO, ONE* YOU'RE GOING, BETTER' HOW'S DAUGHTER- WIFE, TINA! I WIFE* SHE'S RJTORY PHILIP 1 MY WIFE KIPPING ME' FELLA? EVERYTHING f
      70 words
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  • ANALYSIS
    • Article
      Lock icon Reform the answer to America's economic disease
      1105 11  -  Americans are just beginning to move past the diagnosis stage ana look for answers to the malaise that once hit Europe, says Lawrence Malkin Lawrence Malkin IHT REMEMBER Eurosclerosis? The economic, social and industrial slough of inertia that virtually paralysed Europe in the
      IHT  -  1,105 words
    • Article, Illustration
      The Englishman's castle under siege
      1248 11  -  The worst housing recession ever to hit Britain is expected to continue for at least another year, with prices falling even further. Neville Stack reports Neville Stack The writer is a London-based journalist who contributes to BT ONE OF THE most basic attributes of the
      1,248 words
    • Article
      Lock icon Latin America finally buries debt crisis
      595 11  -  The Latin American debt saga is now a closed chapter with the recent agreements between the debtor governments and creditors. Richard Jarvie reports Richard Jarvie Reuter TEN YEARS after Mexico rocked the financial world by declaring a moratorium on its foreign debt, Latin America
      Reuter  -  595 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      71 11 aT i v Legendary Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including\ a complimentary glass of wine. Pe uRi the SINGAPORE Call 733 8888 for reservations. I Gacaden Rn»d (off Orchard Road) Q/mplirrurntaxy valet parking Singapore 1024 O_ 5.... As of Sept '92 Canadian Overseas
      71 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1231 12 Nothing Beats A Bud, ftffinfll where to wine, dine OF A ''Heavenly" Feast Scrumptious Sichuan cuisine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Mon Sat l 30am to 2.30pm Sun 10.30 am to 2.30pm Kings «.»-.vc.-o« Havelock Road, Singapore 0316. Tel: 733 00! 1 A V«M««Of CC* MOTELS Over the
      1,231 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      566 12 TELEVISION AND RADIO M_ A m<=*rir»an 4M KT.iJrL* $3 wsHgsoNßMo illlltA lvdll LA (1 fcvl I Y 725 PM ODcninE followed by The fcud l tums ,0 3 mvolv- i O .OO World Nm at Ten (M). BBC gg 9 mH in b VV *J '—-(Co-ll l!3^uL 9M Tu?d n«n^fT
      566 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Fiery, radical and Irish
      926 13  -  David Streitfeld wonders whether Edna O'Brien's red hair is the cause for her scarlet reputation David Streitfeld IHT Edna obrien has red hair and a scarlet reputation. This is the first thing anyone learns about her, and often the last. The covers of her books over
      IHT  -  926 words
    • Article, Illustration
      Realising the Baroque ideal
      399 13  -  Benjamin Loh spent a pleasant Sunday evening, entranced by the musicianship of I Musici Benjamin Loh IMUSICI's performance at the Stamford Ballroom last Sunday represented the highest order of music-making where technical assurance and focused musicianship were the order of the night. They chose an all-Italian
      399 words
    • Article, Illustration
      Wayne Newton files for bankruptcy
      477 13 CHATTERBOX WAYNE NEWTON, the entertainer who began his career as a child star and now epitomises the modern Las Vegas headliner, has filed for bankruptcy. Newton's debts are estimated at US$2O million (Ss32 million), reports said, quoting his lawyer in Las Vegas, Gerald Gordon. Gordon
      477 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      236 13 AND ENTERTAIN SINGAPORE TEMPTATIONS Cafe-in-the-Park goes local this month of August with a Singapore buffet spread that will tempt the most discerning tastebuds. from 1-31 August 1992 7.00 pm to 10.00 pm At $22.00+ per person ANA HOTEL For reservations please call SINGAPORE 16 N»W Mi, &ngj£>ort 1025 732-1222 ext
      236 words
    • Advertisement
      Page 13 Advertisements Column 2
      70 13 I MINTON a The Reitauranl an business lunch or dinner, tempt your* client with ouk Madras Steak/ C\rilled AJorwegian Salmon and muck mofe from out* extensive a la carte spread. .At prices even your accountant will be pleased with I CJt's atMinton's, right in the heart of Orchard Road. Also
      70 words
    • Advertisement
      Page 13 Advertisements Column 3
      182 13 FOR A BRIGHT, BREEZY LIFE-STYLE, MOVE TO MANDARIN GARDENS Full-Service Accommodation by the Sea Mandarin Gardens is the only resort-style accommodation that offers you a wide range of amenities for a new life-style. The sun, the sea and open spaces. It's waiting for you. •15 minutes to the airport and
      182 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Price does not intend to wear himself thin
      620 14 AP ST LOUIS, Missouri From the hard lessons of long ago, Nick Price learned how to win one of golfs majors. The misfortunes of others have taught him how to handle it. "I've seen what has happened to Greg Norman and Payne
      AP  -  620 words
    • Article, Illustration
      Lock icon Overhaul of boxing scoring on the cards
      460 15 NYT NEW YORK Don't exl pect the furore raised at the Barcelona Olympics over the computerised scoring of amateur boxing to subside. Jim Fox, who is executive director of US Amateur Box--1 ing, and thus a key player in the world of boxing
      NYT  -  460 words
    • Article
      Lock icon Rugby and anthems a volatile mix in South Africa
      636 15 NYT JOHANNESBURG In other countries, sporting events have results. In South Africa, they have repercussions. The repercussions of last Saturday's rugby match between South Africa and New Zealand, at which thousands of flag-waving white fans overwhelmed a silent tribute to victims
      NYT  -  636 words
    • Article, Illustration
      Lock icon Connors intends to be geared up for US Open
      521 15 NYT NEW YORK It seems like only a month ago that Jimmy Connors, the 39-year-old surprise semi-finalist at the 1991 US Open, declared himself unfit for five-set marathons and swore ofT any future Grand Slams. But on Monday, Connors explained away
      NYT  -  521 words
    • SIDE LINES
      • Article
        Eubank fined for fatal accident
        94 15 HAYWARDS HEATH, England World super middleweight champion Chris Eubank was fined £250 (*****) and ordered to pay £1,450 in costs here on Monday for driving without due care and attention in an accident in which a man was killed. The 26-year-old Englishman apologised in court
        94 words
      • Article
        An opportunity for Seles
        96 15 MONTREAL With most of the world's top players skipping this week's Matinee International women's tennis tournament at Montreal's Jarry Park event, Monica Seles is a heavy favourite to win. After last-minute withdrawals by Steffi Graf, Martina Navratilova, Gabriela Sabatini and Jennifer Capriati, the tournament organisers were
        96 words
      • Article, Illustration
        Lost in the crowd
        65 15 LONDON Red-faced bosses at Arsenal Football Club took swift action on Monday to prevent criticism of the new giant mural at their Highbury ground. The 11-metre high, 45-metre long mural, depicting 8,000 fans in Arsenal colours masking construction work on a new stand contains no black
        65 words
      • Article
        Delaitre gets past first round
        92 15 INDIANAPOLIS Twelfth-seeded Olivier Delaitre overcame poor serving on Monday and rallied to beat Anders Jarryd 4-6, 6-4, 6-2 in the first round of the US Hardcourts tennis tournament. The feisty Frenchmen couldn't find his serve for the first two sets, repeatedly double-faulting, and Jarryd seemed
        92 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      207 14 jj f I 111 i■ —«—j—tf JJi'*""-lvT SjA *>•' -J -Vt rv; I JV t J/M £Mim J gj Jjj M£a\ B a a /f you're an expert in your field you'll know that we're the expert in ours. IsJX THE BEST VALUE. CALL: 468 8622 FOR ENQUIRIES. FAX: 468
      207 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      195 15 J and can be customised to suit your changing business needs. So, whether your organisation +±wJM 911[911 s a small, medium-size, or a large multinational corporation, turn to us. We can To improve office efficiency, rely on Creative make you a solution for improved efficiency. Software. We have an outstanding
      195 words
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      Page 15 Advertisements Column 2
      411 15 Singapore Business Luncheon Talk A complex, ever-changing business climate challenges today's th« sinker organisations. To prepare for the ever-competitive market, it is vital that Robert w your company is managed by capable people. rrrirrJM Ro 9 ersis,he Companies need to recruit and develop people with potential. To do so, off*'
      411 words
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  • THE LAW PAGE 1
    • Article, Illustration
      The Aids dilemma
      1121 16  -  Where does one draw the line between protecting the public and respecting the privacy of individuals who are infected by HIV? Dr TKK Iyer examines this, and stresses the importance of education and realistic policies Dr TKK Iyer JUST 10 years ago, not many would have said
      1,121 words
    • Article
      Health policies can help contain HIV infection
      803 16 Last month, the eighth international conference on Aids took place in Amsterdam. There has been more press coverage of this conference than any other medical meeting in recent years. The reports generated some optimism and apparently a lot of pessimism. On the scientific
      803 words
    • Article
      Lock icon Most are cut from the same cloth
      504 17 Lawyers often negate who they are by what they wear NYT CHARMAINE McClarie-Cox makes her living by rummaging through lawyers' closets. No, she isn't a voyeur with peculiar taste; just a student of the clothes lawyers wear. And invariably, she doesn't like what
      NYT  -  504 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      304 16 FRASER'S HE Unfolds holiday apartments w j your Dream Investment A Home Among The Clouds, .««***> amtv A. Imagine waking up to maaical Vista A 4fi> misfy mornings 4,100 AAty fll above sea-level. The cool Vi H a ft 'if OUfl) XwL^,il mountain air,crisp and floral Villa C I* dotted
      304 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      200 17 Music Aq i ,1 i^iMK to your^t Complete with a spring-hack, 'multi-lock tilt', oar latest ergonondcally designed chairs are DMETHSU^ISI a nust for those who. can't stop working. Spacious and sturdy, you'll get more support from gShentonWay #01-02 Treasury BuldinQ, the Cello than anything else in the office. The Cello
      200 words
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      Page 17 Advertisements Column 2
      18 17 Find out how sellers are reaching out to buyers in Advertising and Marketing. Even Thursday in Business Times.
      18 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Blue chip shares fall to this year's lowest levels
      4087 18  -  By Genevieve Cua SELLERS were out in force yesterday, sending blue chip shares to their lowest levels this year. The benchmark Straits Times Industrials Index fell 23.47 points to 1,310.95. One broker said the index may test the 1,250 level over
      4,087 words
    • Article, Illustration
      Lock icon HOT STOCK
      79 18  -  Quak Hiang Whai THINGS do not look good for City Developments as the stock broke through a major support at around 53.50. The stock is now headed for the next target of $3.00, which was the previous congested area in mid-1991. Meanwhile, watch the daily and weekly stochastics
      SOURCE: BRIDGE INFO  -  79 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      43 18 nAdd Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally iPSpHHH certified G.1.A., H.R.D. and 1.G.1, diamonds, emeralds and other gemstones. HHjjK^J Main Showroom: Mondial Promenade 300 Orchard Road #01-06 The Promenade Singapore 0923 Tel 734 2033/4 Fax: 737 5138
      43 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2966 19 ANA Hotels 170 10 6 ">% GPBSSI.60 418 4 ,5 Jurong Eng 50* 326 6 +1.9% Robinson 630 5 0.8% Semb Shipyard 670 +5 +0.8% Shangn-La til f2 I Sunshine Allied 322 +2 +0.6% UOL 133 +2 +1.5% Polytek 50* 41 |Vj +3.8% Steamers 20*
    2,966 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      140 19 Shine) YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 n Teleview, which incidentally is the most advanced and company news. or Tony Chia M videotext system in the
      140 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3225 20 IGB Corpn 50* 94 2 2 2% Garnla Hldgs 73Vi IV, +2 (joiden Hope Kg +09% an Hartamas 22 +4 8% GIL USS0.10 82V» +0 +0.6% Sri Hartamas 22 +4.8% +1 lGBCorpn50« 94 +2.2% +2 Ganda Hldgs 75Vi +2.1% +|Vi Golden Hope 118 +0.9% +1
    3,225 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      88 20 FOR SUCCESSFUL MANAGEMENT OF YOURBUUNESS 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
      88 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares end at 7-month low on weak sentiment
      5288 21 Bernama LOSS-CUTTING liquidation owing to a lack of confidence took the stock market here to a seven-month low at its close yesterday. The KLSE Composite Index at the close fell 12.01 points to 556.24, its lowest since the 552.28 recorded on Jan
      Bernama  -  5,288 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      173 22 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) por share dividend ('000) (coots) Metalock Aug 12 Mar 92 18 7(21) 10(10) M Credit Aug 7 Mar 92 $15,285($14,284) 4 8(4 6) 6.25(5) Polyteh Aug 5 Mar 92 $499L($15) 15TE(3TE) QAf Ltd Aug 5 Mar
      173 words
    • Article
      OTHER RESULTS DUE
      555 22 Mm Baari List Fal Tear CfaM Me Tea EfS Crass Nat aaaaM m*< (ets) #r praM tat yea (SJ OM) EMS Final Nov 6 Jul 91 30TE 17.8781 faacel Wenm Aug 6 Dec 92 190 10 0 37.607 Jveag Ea| Interim Aug 7 Dec 92 225 ISO
      555 words
    • Article
      PROPOSED ISSUES
      491 22 Company Rights Issw >nc T** One-for-one <g, $1.00 per share fcn* Steel One-for-three M$2 20 per share Issue of *****m 50* Cumulative Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with up to *****m Transferable Souscnption R«hts (TSR) for an aggregate pnce of MSI per CRPS with
      491 words
    • Article
      PRELIMINARY RESULTS
      160 22 Company Date Year Group pre-tax Net earnings Gross aan to profit/loss (L) par share dividend ('000) (carts) Robinson Aug 17 iun 92 128,307(120,935) 41 9(30.2) 20(15) PQ Aug 15 Jun 92 111.740(13,105) 6.1(2.3) 7(-) Chuan Hup Aug 14 Jun 92 114,766(19,466) 8.4(5.8) 4TE(2TE) Kamunting Aug 7 Mar 92
      160 words
    • Article
      INTERIM RESULTS
      346 22 Company Date Half-year Grwip pre-tax Interim un to pr«flt/toM (L) dividend ('•00) ICS Aug 17 iun 92 (4,150(17.245) 3(3) Marco Polo Aug 17 Jun 92 $3,228(13,559) 0.5(—) DBS Aug 15 Jun 92 $202,129(1189.049) 8(8) PM HMgs Aug 15 Jun 92 $1,134($3.673) 2.5(2.5) Tat Lee Bank Aug 15 Jun
      346 words
    • Article
      DIVIDENDS ANNOUNCED
      634 22 The H On 25c 5Vb) Sep 14 Sep 18 Sep 28 5* 5% uoe 8VD Aug 26 Sep? Sep 22 8* 181 Currant Ex Baaks Date Total for Total tor payment dost pflysblo tlw Ksst yov Mn rtdp 50c 6%(b) Aug 26 Sep 7 Sep 24 6% 6%
      634 words
    • Article
      RESULTS FORECAST
      138 22 Mi Bart Last M Tear Farecast Ma Id «atPn» EPS aw4 1m EPS Cms pnflt N* N« Cmm NM last jr (cts) (VM) CartnaaM F Aug 12 Jun 92 5.0 5.8 13.550 13.4-14.5 5.0—5.4 lata I Aug 21 Dec 92 106 11.0 17,367 6.9-10.0 42—6.1 BC I Aug
      138 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      959 22 Traas fathered Sabstaatial Bay/ No. of Ha—at SlwrrtiWlag Stock Date ItoWar MwaNMar/Wwcter Ml tktrn Bator* After S Tat Lee Bank 12/08/92 COPl: DBS Nominees (Pte) Ltd DBS Bank B 20,000 62.713 23.302.882 13.47 23,322.882 1148 Tat Lee Bank 12/08/92 Sembawar* Investments Teasmek Hokki«s (Pte) Ltd B 100,000
      959 words
    • Article
      CORPORATE DEVELOPMENTS
      839 22 Aug 17 Chuan Hup Hokfinfs has incorporated a wholly-owned subsidiary in Brunei, Chuan Hup Sdn Bhd. Edaran Otomobil Nasional has announced the purchase of nearly 4.6 million ordinary Cyde Carriage shares from the open market for M 527.81 million. This brings the number of Cycle Carriage shares that
      839 words
    • Article
      APPROVED ISSUES
      260 22 Company Rights Issue Gokten Hap* One-for-sa MSI 50 per share Ex-date Aug 27 Books dose: Sep 10 Acceptance t Payment: NYA OUT OnHor-two $150 per stare Ei-date Aug 19 Books dose Aug 29 Acceptance I Payment NYA Company Bonus Issue AmoJ One-torthree Ex-date At« 21 Books dose Aug
      260 words
    • Article
      COMPANY MEETINGS
      149 22 Arab-Malaysian France Bhd: 29th AGM at Dewan Arab-Malaystan, 7th Floor, Bangunan Arab-Malaysian. 55 Jalan Raja Chulan, ***** Kuala Lumpur, Malaysia, on Friday, August 21, at 11.00 am Metrojaya: 17th AGM at Ballroom N, 10th Floor, The Crown Princess Hotel, Jin Tun Razak, ***** Kuala Lumpur, on Monday, August
      149 words
    • Article
      SCRIPLESS CONVERSIONS
      164 22 Conversion Special Tnte Scriple* Conversion deadline Period Tradia* Company starts (IDP) (SD stZfc, ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 Inno Pacific** Sep 21 Oct 15 Oct 5-Oct 15 Oct 1< Jurong
      164 words
    • Article
      RECORD HIGHS & LOWS
      135 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1*2 1* 1316.68 (21/2/92) (2J/1/92) 1992 1m: 1122.50 (18/8/92) J* 1991 htft 1333.08 (3/6/91) J? nlnfl\\ *****m: 1022.52 (16/1/91) J" J* 1« jjjg/jl) 1990 l*t 1435.43 (16/7/90) 607.12 27/3/90 1990 low: 981.07 (09/11/90) 079.50 1/10/90 M-tm lacfc 1435.43 (16/7/90) J** 1607.12
      135 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      316 22 In local curr In SS In US$ dy yr %dy %yr dy yr Af 17 Index chgt chgt chgt chgt chgc chgt World 368.0 0.5 -9.9 0.6 -9.8 0.5 -9.4 fEAFE 415.8 0.4 -17.2 0.8 -16.4 0.7 -15.9 Europe 393.7 0.5 -4.3 0.7 -1.5 0.6
      316 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Counters finish weaker on profit taking
      367 23 Reuter SHARES dropped yesterday after Shanghai 'A' shares had surged more than 10 per cent on Monday, with profit takers having a field day, Hongkong brokers said. Shanghai press reports on Monday that the Shanghai bourse would slow the pace of listing for new
      Reuter  -  367 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares fall on selling pressure from foreign investors
      880 23 Reuter SHARES continued to decline yesterday in fairly thin trading dominated by one large transaction in Modern Photo. The Official Index fell 1.96 points to 308.30 on turnover of 2.05 million shares. "Even the shares that were supported last week are coming
      Reuter  -  880 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks end higher on technical rebound
      1699 23 Reuter STOCKS closed off their highs yesterday on afternoon selling inspired by losses in Tokyo, brokers said. The SET Index ended 3.48 points higher at 749.83 on turnover of 8.72 billion baht. At the end of the morning session, the index had gained 6.35
      Reuter; Source: Bridge Info  -  1,699 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      51 23 I I VIIHL H I I H ill II H 11 II 1 will Find out in II I I HI I 111 I II V I I I Personal Investment and Finance. I|l f I fl I I _I I I HII I I I A I Every Saturday
      51 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks plunge to new 77-month low
      2549 24 Reuter STOCKS dived and the Nikkei Average closed at another 77-month low, falling 620.14 points or 4.15 per cent, to 14,309.41. With turnover thin on a lack of fresh factors, a sharp fall by high-tech issues on worries about poor earnings pulled down the
      Reuter  -  2,549 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market ignores Tokyo fall to end higher
      2466 24 Reuter STOCKS ended marginally firmer yesterday on afternoon bargain hunting following Monday's sharp plunge, brokers said. The Hang Seng Index finished up 7.31 points at 5,675.16 after touching an in-tra-day low of 5,621.70. "The market overreacted on Monday so yesterday it's bucking the
      Reuter  -  2,466 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Fall in Tokyo takes heat off local market's rally
      2074 25 Reuter SHARES closed with pared gains yesterday after Tokyo's market plunged to fresh six-and-a-half-year lows, taking the heat out of an earlier local rally ahead of last night's federal budget. "There's still a bit to go in Tokyo," one broker said.
      Reuter  -  2,074 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks shed early gains, but close higher
      • Article
        SEOUL
        833 25 stock market shed early gains yesterday but ended higher as rumours about a political role for Daewoo group chairman Kim Woo-choong dampened sentiment, brokers said. "The index rose more than 15 points at one point on anticipation that the government would soon announce measures to boost the market," said
        833 words
      • Article
        TAIPEI
        500 25 BARGAIN-HUNTING helped stocks to finish off their lows yesterday, but brokers said the market appeared unable to stage a significant technical rebound after Monday's 3.6 per cent plunge as investors lacked confidence. The Weighted Index, which was down 49 points at one stage, ended 11.57 points lower at a
        500 words
      • Article
        NEW ZEALAND
        223 25 SHARE prices fell away in late trading after being sharply higher at mid-ses-sion, although the NZSE-40 Capital Index held above the 1,500 barrier at the close. The NZSE-40 Index ended 10.16 stronger at 1,501.21. Fletcher Challenge was once again the focus of attention, ending a choppy session one
        223 words
      • Article
        BOMBAY
        100 25 SHARE prices rose across a broad front on Monday on bear-covering and speculative buying in a buoyant market, brokers said. "Investor confidence in the market is slowly returning," broker Sunil Kothari said. "There was a slowdown in selling pressure." Kothari said financial institutions, especially the state-owned Unit Trust of
        100 words
      • Article
        MANILA
        568 25 SHARE prices closed slightly higher yesterday as last week's buying momentum continued, but brokers said the market was testing a new resistance level. The Manila Stock Exchange Composite Index inched up 3.83 points to close at 1,523.68. "The market is experiencing some resistance right now. Once it absorbs this
        568 words
      • Article
        Untitled
        49 25 CIO* PlfftoM A«| 18 NEW ZEALAND NZSE-40 Capital 1.501.21 1,491.05 +10.16 MANILA Composite Index 1,523.68 1,519.85 +3.83 Turnover (mil peso*) 470.5 343.4 +127.1 TAIPEI Weighted Price Index 3,772.91 3,784.48 -11.57 Turnover (NTS billion) 17.25 21.5 -4.25 SEOUL Composite Stock Index 464.95 462.13 -2.82 Turnover (billion won) 170.58 94.54 +76.04
        49 words
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  • WORLD STOCK MARKETS
    • US stocks end mixed in restrained trading
      • Article, Illustration
        NEW YORK
        1311 26 STOCKS closed narrowly mixed in quiet trading on Monday as the market tried to extend Friday's technical rebound while keeping a wary eye on the Republican National Convention. The Dow Jones Industrial Average, which rebounded 15.67 points on Friday, gave back 4.05 points to 3,324.89. Among the broad
        1,311 words
      • Article, Illustration
        LONDON
        742 26 SHARE prices closed higher in trading on the London Stock Exchange on Monday, supported by a rally on Wall Street after opening steady here, dealers said. At the close, the FTSE Index of 100 leading shares was up 19.3 points from Friday's close to stand at 2,376.1 points. The
        742 words
      • Article
        FRANKFURT
        422 26 AFTER a firm opening, shares drifted lower to finish only slightly above Friday's closing levels as uncertainty about the direction of German interest rates weighed on prices. The 30-share DAX, which hit an intra-day high of 1,563.49 just after the start, ended up 7.62 points at 1,555.42. Traders said
        422 words
      • Article
        AMSTERDAM
        371 26 THE Amsterdam Stock Exchange on Monday said it was extending the share suspension caused by computer failure for the rest of the day, and the market was to re-open as normal yesterday. Bonds continued to trade normally, but cash share trades and the related options on the European Options
        371 words
      • Article
        STOCKHOLM
        122 26 SHARES closed mixed to lower on Monday as domestic money market rates continued upwards and foreign exchanges weakened in afternoon trade. The bourse All Share Index was virtually unchanged at 810.71 while the Top-16 index dipped 0.37 per cent to 809.70. Volume was a moderate 282 million kronor. "The
        122 words
      • Article
        MILAN
        261 26 SHARES closed broadly firmer on Monday, boosted by a technical rally, but dealers said underlying market sentiment remained very cautious. "It was mainly the re-opening of positions that were rapidly closed after Moody's announcement last week," a broker said. Moody's downgrading of Italy's foreign currency debt to AA3 last
        261 words
      • Article
        JOHANNESBURG
        383 26 LEADING blue chip stocks staged a technical rally in steady trade on Monday to lift the overall index by 35 points, or 1.1 per cent, to 3,174 following last week's 6.8 per cent plunge. A combination of the firmer bullion price, the weaker financial rand foreign investment unit and
        383 words
      • Article
        ZURICH
        247 26 SHARES ended slightly higher on Monday, with chemical shares attracting selective buying support in an otherwise lethargic market, dealers said. Trading was confined to professionals. "There were few retail orders," one dealer said. A higher start in line with foreign bourses failed to produce fol-low-up demand and the initial
        247 words
      • Article
        TORONTO
        266 26 STOCKS withstood a late sell-off on Wall Street to close a slow session on Monday with strong gains just 4.5 points shy of the session's peak, dealers said. Gold and metal shares rebounded from recent weakness to push the market higher while other select issues also recorded gains, but
        266 words
      • Article
        Untitled
        250 26 Paris Aug 17 FFr COMEILLE Air-Liquide 763.00 -7.00 Alcatel Ansthom 621.00 2.00 Elf-Aquit 319.50 4.00 Aug 17 (lose Previous NEW YORK Dow Jones 3,324.89 3.328.94 -4.05 SAP 500 420.74 419.91 +0.83 Turnover (million) 152.83 166.82 -13.99 LONDON Financial Times 30 1,766.2 1,753.8 +12.4 FTSE 100 2.376.1 2.356.8 +19.3 Turnover (million)
        250 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar closes firmer against yen, lower against mark in Tokyo
      1171 27 REPORTS ASIA TOKYO: The dollar ended firmer against the yen yesterday as another 77-month low close in share prices invited speculative and stop-loss yen sales. But a stronger Germany currency in mark/yen cross pulled the dollar/mark rate slightly lower, Tokyo
      1,171 words
    • Article
      INTERBANK FOREX RATES
      379 27 Cross rates Aug 18 I USS SS MS Dm Yen SFr AS NZS USS 1.6110 2.5000 1.4650 125.80 0.5195 1.3160 1.3831 1.8570 SS 0.6207 1.5518 0.9094 78.0881 0.3225 0.8169 0.8586 1.1527 MS 0.4000 0.64 0.5860 50.3200 0.2078 0.5264 0.5533 0.7428 Dm 0.6826 1.0997 1.7065 85.87 0.3546 0.8983
      379 words
    • Article
      MONEY MARKET
      540 27 Interbank rates SS Bid Offer Overnight 3 3 1/4 1-month 2 1/8 2 1/4 2-month 2 3/16 2 5/16 3-month 2 1/4 2 3/8 Overnight mode. 1-5/8 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
      540 words
    • Article
      Lock icon European investors in a quandary over cash flood of dollars
      319 27 IHT PARIS International investors are awash in dollars. An eye-popping U5523.5 billion (5537.8 billion) worth of Eurodollar bonds reaches maturity during the current quarter and that is only the scheduled amount of liquidity pouring into the market. There will also
      IHT  -  319 words
    • Article
      FINANCIAL FUTURES
      1575 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.62 96.64 %.62 %63 3300 1623 ***** Dec 92 96.39 96 40 96.37 96.39 7000 3880 ***** Mar 93 96.36 96.38 96.35 96.36 4300 2178 ***** Jun 93 96.09 96.10 96.07 96.09 3000 711 4220 Sep
      1,575 words
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  • COMMODITIES
    • Article
      Lock icon Russia pushes foreign oil investment
      320 28 UPI MOSCOW Russian energy officials have said that Western help is an integral part of plans to jump-start their once-mighty oil industry, which has been on a downhill slide since before the break-up of the Soviet Union. The Kremlin's Energy Ministry envisions international auctions of
      UPI  -  320 words
    • Article
      Lock icon Big producer sees shortfall in platinum supplies this year
      270 28 Reuter JOHANNESBURG South Africa's Impala Platinum Holdings Ltd expects world consumption of platinum and rhodium to slightly exceed production in 1992 for the second successive year. But the market would remain vulnerable to overhanging stocks of platinum and rhodium in the
      Reuter  -  270 words
    • Article
      Tin rebounds to finish 17 sen higher
      755 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) rebounded and closed 17 sen higher to M$ 16.82 per kg yesterday despite an easier close on the London Metal Exchange (LME) overnight, which finished US$2O lower. At the opening price
      755 words
  • Article
    PRICES
    1489 28 Rubber HAS Ciwuitty tidw(» g*w» cjwjg w at lpw) I KSS I Contract (S cents/kg) Gose Volume Open Month High Low Sett (tonnes) Interest R Sep 92 0.00 0.00 141.25 0 2,200 R Oct 141.25 141.25 140.25 100 4,025 R Nov 141.00 141.00 139.75 100 3,175 Dec 140.75 140.25
    1,489 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      315 28 Your son studying And you want him close to home with news from home. Someone dose has been living in Canada for some years. You've posted S!Mr up a manager to head yoTXSfflce. TheStrato TUnes J* Times Weekly telb it better. WeeK^Owseas (He might come back ke ®P» hlm P
      315 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1028 29 Ctty FligM TO FigW ETO Abu Dhabi GA895 1300 GA983 1315 MalaMa QF81 1955 QF82 2205 SQ227 2245 Aanaa RJ182 1440 AnsWlUai KL837 1255 SQ324 2200 GA895 1300 SQ323 1840 KL838 2240 AncMaiM NZ21 1820 NZ22 1940 SQ288 2025 SQ286 2030 Bahrain Gf 149 0650 GA911/524
    1,028 words
  • THE TRAVEL PAGE
    • Article, Illustration
      A growing fragrant town
      672 29 POSTCARD FROM ICHINOMIYA A GROWING number of Japanese towns are growing herbs in an attempt to lure tourists and activate farming. Ichinomiya, a town on the island of Awajishima in the Inland Sea in western Japan, produces 70 per cent of Japan's incense products and bills
      672 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1588 1.1745 Canadian dollar 1.3338 1.3608 NZ dollar 0.8573 0.8747 Sterling pound 3.0915 3.1333 US dollar 1.6070 1.6140 Local dollars to 100 units of foreign currency Austrian schilling 15.45
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      36 29 Duration Title Venue Organiser Tel Sep 19-22 International Paris Semainc (33)1/*****002 Leather Week Internationale Du Cuir Duration Title Venue Organiser Tel Sep 12-29 International Turin, Italy Torino *****569 Caravan Caravan Esposizionio Equipment Exhibition
      36 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      41 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We knew Europe from Mart to Ftnniah.
      41 words
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      Page 29 Advertisements Column 2
      9 29 Managers must manage. BT shows you how every Monday.
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      Page 29 Advertisements Column 3
      44 29 NOTICES YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. 737-116* m Innovation Technology in Business Times i > every Tuesday
      44 words
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      Page 29 Advertisements Column 4
      200 29 International Factors (Singapore) Ltd A member of The ECICS Group 5510,000,000 Series Three Floating Rale Notes Due 1994 In accordance with the provisions of the Notes, notice is hereby given that for the three-month period from 19 August 1992 to 19 November 1992, the Notes will carry a rate of
      200 words
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      Page 29 Advertisements Column 5
      251 29 THE COMPANIES ACT, CAP. 99 CITRUS SHIPPING PTE. LTD. (In Voluntary Liquidation) SPECIAL RESOLUTIONS At an Extraordinary General Meeting of (he Company held at 76 Shenton Way, #14-02 Ong Building. Singapore 0106. on Saturday. 15th August 1992 the following resolutions were passed:(a) That CITRUS SHIPPING PTE. LTD. be wound-up voluntarily
      251 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      312 29 1 Go back and find the right way H H H H H 5 Stout-hearted, bull-headed j^"" and elderly (4) j j j 9 Used typewriter bar de- ■MT" spite suffering from cramp 10 Supplant someone in a vitemper (4) 11 Play being performed by js~"^ "1" 12 Be up
      312 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      167 29 Singapore Outlook: Fair, except for showers over a few areas in the afternoon. Report Maximum temperature 31.7 Assoc humidity 58% Minimum temperature 25.4 Assoc humidity 90% Hours of sunshine 6.90 Rainfall in mm Trace Rainfall this month 55.4 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/07
      167 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      45 29 1 i'r> i .✓r M.Mr a hai.p inch's nr (I9> Tv4»£ TyteL F\ LTeßp\To VG-S SIR... A F\DDEp TO "TWe Vt>€Pps?Trn€.HT J u>HPsT cm] u)fMSTUNie. of SOtmrUM© v Do VTRQ =n I v i sou j v 8742 C AMOCIATtO N€WS»*ytWg LTD.. I—rift? y- r~l
      45 words
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  • Article, Illustration
    Lock icon Bush promises stunning political comeback
    609 30 Republican convention kicks off with apparent show of harmony DA/SC AP, Reuter HOUSTON, Texas As the Republican convention kicked off to a rousing start, President George Bush told an energised rally in his adopted home town on Monday that he would stage "the most stunning
    AP,; Reuter  -  609 words
  • Article
    Lock icon Party maintains policy stance on Asia
    229 30 AFP HOUSTON, Texas The Republican Party reaffirmed a series of policy positions conccrning Asia when delegates endorsed its presiden-tial-year platform here on Monday. "In Asia we remain committed to the spread of political and economic liberty," the Republicans say at the start of the
    AFP  -  229 words
  • Article
    Lock icon Bush says US will not act unilaterally against Iraq
    480 30 AP, Reuter HOUSTON US President George Bush has said the United States will not act unilaterally to force Iraq to comply with UN resolutions but expressed confidence that the Gulf War coalition will remain together if "tough action" is needed. In
    AP,; Reuter  -  480 words
  • Article
    Beidaihe meeting ends with personnel changes endorsed
    399 30  -  From Catherine Ong in HONGKONG SENIOR Chinese communist party leaders ended a secretive retreat at the Beidaihe seaside resort in Hebei province with agreements on several key personnel changes to the politburo, mainland sources said. The changes will be subject to approval at
    399 words
  • Article, Illustration
    Indonesian reforms: is Suharto backtracking?
    795 30  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is a senior BT correspondent FOR SOME TIME NOW, there have been murmurings that have found their way into the press highlighting the apparent contradictions in Indonesia's economic reforms. One favourite theme is the
    795 words
  • Article
    Lock icon Germany expects steady economic growth
    181 30 Reuter BONN The German government gave a generally upbeat assessment of the outlook for Europe's largest economy yesterday, saying that it expected steady economic growth and modest inflation over the next four years. But, in a report by the Economics Ministry, it said there was
    Reuter  -  181 words
  • Article
    Lock icon Another banker sent on leave in Indian stock fraud
    123 30 AFP NEW DELHI The Indian government yesterday sent the chief of another stateowned bank on leave in connection with a huge securities fraud, which has ended the careers of several top bankers and officials. The government sent RS Pai, executive director
    AFP  -  123 words
  • Page 30 Advertisements
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      167 30 Every Saturday in Business Times o/ A P STOCK BETAS Stock Beta Analysis in portfolio management is an essential complement to Fundamental and Technical analysis. Whilst stock technical indicators come into vogue one after another and as easily fall out of fashion, Stock Beta Analysis is that one approach that
      167 words
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      Page 30 Advertisements Column 2
      174 30 O-SSl Ot i fifMENT Every Saturday in Business Times OF H <I3gWESTERN SYDNEY Macarthur I I This MBA: H •Is designed for managers and future managers of H organisations that operate across national boundaries; H H Combines functional business studies with cultural studies H based on North-East and South-East Asia,
      174 words
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  • Shipping Times
    • Article, Illustration
      Unitor deploys bag to contain oil spills
      378 31  -  By Juliette Walker SINGAPORE Unitor Ships Service (Singapore) yesterday deployed a new device to contain oil spills. Unitor inflated the bag with air at its Pan dan Loop premises from a compact 8cubic metre storage unit to a 500-cubic metre bag, capable of
      378 words
    • Article
      Lock icon US crude imports likely to fall next month
      252 31 Knight Ridder HOUSTON Oil shippers plan to unload an average of 730,000 barrels per day (bpd) of mostly foreign crude oil at the Louisiana Offshore Oil Port in September, down from 950,000 bpd in August and down from 1.2 million bpd in
      Knight Ridder  -  252 words
    • Article
      Turks look to future with Bosporus radar
      454 31 ISTANBUL Turkey is considering breaking with a tradition of more than half a century. It plans to introduce charges for ships going through the Bosporus, in an effort to defray the costs of a proposed radar system. Such a move would represent the
      454 words
    • Article
      Lock icon Cunard blames US coast chart for grounding
      251 31 Inquiry on QE2 accident NYT BOSTON The lawyer for the Cunard Line on Monday blamed the federal government for the grounding of the Queen Elizabeth 2, calling its failure to chart a 395 m long, 99 m wide ledge in Vineyard Sound "an
      NYT  -  251 words
    • LOG BOOK
      • Article
        Chinese airlines buy record number of planes
        89 32 BEUING Chinese airlines will buy more than 50 planes this year, a record number, an official newspaper reported on Friday. Growing domestic aviation demand is behind the purchases of Boeing 747s and 767s as well as Airbus 300s and 310s to serve busy
        89 words
      • Article
        Cargo flights to Lebanon resumes
        80 32 INDIANAPOLIS, Indiana President George Bush pn Monday authorised the resumption of cargo flights to Lebanon which had been suspended since 1985 because of security concerns, the White House said. Passenger flights to Lebanon by US airlines will continue to be banned, according to a statement
        80 words
      • Article
        Wheat supply to Russia stopped
        77 32 OTTAWA The Canadian Wheat Board has halted shipments to Russia due to arrears in payments for purchases during the previous crop year, a spokeswoman said. "There is significant concern over some payment delays, so we suspenjied shipments temporarily," she said. The decision was takeft after
        77 words
      • Article
        Ipitrade fixes cargo from Cuba
        73 32 LONDON Ipitrade fixed a cargo from Cuba to the Baltic or Black Sea, and Booker Sugar opened with a cargo from Guyana, brokers said. Ipitrade had been looking for prompt tonn&ge for a 17,000- to 19,000-tonne cargo but was rumoured to have fixed a smaller
        73 words
      • Article
        Iraqi planes can attack ships
        83 32 SHLTWAIKH PORT, Kuwait Iraqi planes are capable of attacking ships in the Gulf despite Baghdad's defeat in the Gulf War, a British naval commander said. "The Iraqi air force undoubtedly has the capability to carry out attacks against ships," Commander Andrew Willmett told reporters on
        83 words
      • Article
        CSX's 'conductor-only' pact
        85 32 JACKSONVILLE, Florida CSX Corp's CSXT Transportation Inc said the United Transportation Union had ratified a "conductor-only" agreement that will eliminate brakeman positions for through-freight operations on the former Richmond, Fredericksburg Potomac Railway Co. The railroad was acquired by CSX in October 1991. The agreement permits CSXT to
        85 words
    • Article, Illustration
      Lock icon High-tech navigational wizardry
      744 32  -  An electronic system being tested will be a boon to ship navigation, reports Thomas McNiff Thomas McNiff Reuter MAJOR maritime disasters may be sharply reduced if a new navigation system based on advanced technology is successfully tested. The system, using satellite tracking and shore-based beacons, will allow
      Reuter  -  744 words
    • Article
      WEEKLY FREIGHTS
      373 32 PRICES rose slightly in quiet trading in the freight shipping market over the past week, with the market barely moving for most of the week during the quiet holiday season, traders said. The market indicator, the Baltic Freight Index (BFI), rose a slight six points from the figure
      373 words
    • Article
      DAILY FREIGHTS
      376 32 CHARTERERS continued to show interest in fixtures on the US grain route and steadier rate levels boosted the freight market, brokers said on Monday. Cargill took a mid-September heavy grain load at U5519.50, basis one combination while anotha- charterer paid US$l9 for the same terms, early September. £outh
      376 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1206 32 Pmge Col ABC Containerize 12 I Accord Group 8 1-3 Ahrcnkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 •ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asian Break-Bulk 16 3 ASCL 5 5 ASXCLShpg 15 2 Austorient Shpg
      1,206 words
    • Article
      THE SHIPPING GUIDE
      8392 40 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
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        549 47 VtSMl ¥oi No Btrih Arrival Dtpartir* Marina Taimhiil 1 Batam Baru B172 M04 aiowde 19 08/2300 Batam Murm *****2 M05 1908/0500 Batam Sayai* *****2 M05 1908/0500 Batammdo 1 1232S M01 akx*side 1808/1900 Btm Batiagia *****2 M03 1908/0500 Garuda G69 M02 ator«side 1908/2300 Gcna 010/92 M01 1808/1600 Khaymar
        549 words
      • Article
        IN MALAYSIAN PORTS
        268 47 -a Dtel MwM g rw i Berth: 1: nil; 2: Kirensfc; 3: Danyang, 4; Hua Xia; 5: TradewiH; 6; Maha Bhum. 01 jetty: Botany Trinity. DCh Eastern Tera. Due on Aug It: Chpperventure L, Sun Joy, Cosmic Pioneer, Al Khaimah. Due on Aug 19: Championventure L, Cerlang,
        268 words
      • Article
        CONTAINER SCHEDULE
        1539 47 EE r Fa IMPORT CONTAINERS IN PROGRESS a* Voy No CanMwt avalable I S* Voy Mo CtnMwi mrfrifc Eagle Cloud Setetar Jaya Tokn E Fufengshan Kuala Siak 5 0 Kafcmantar Snsamut T«er Creek OOCL Arrow Cont England H| Opj Takan 1 Anes Guru Bhum Kota Indah Tambang VI
        1,539 words
    • Article
      TRANSPORT DIARY
      751 48 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further dcCiils please contact IBC Technical Services at tel: 732-1970
      751 words
    • Article
      Lock icon New Delhi gets tough on drivers of smoky vehicles
      291 50 AFP NEW DELHI Traffic police who this year donned gas masks to stay on smokechoked New Delhi roads will launch an anti-pollution crusade to punish or banish thousands driving around the city with fume-belching vehicles. City traffic officers armed with sensors,
      AFP  -  291 words
    • Article
      Lock icon Canadian Airlines rejects merger with Air Canada
      186 50 AP CALGARY, Alberta Canadian Airlines International has rejected a merger proposal from Air Canada and said it is taking another look at a possible alliance with American Airlines. The board of Canadian Airlines parent, PWA Corp, met last Friday and determined that parts
      AP  -  186 words
    • Article
      Lock icon Asian migrants trying to reach US land in Haiti
      283 50 NYT WASHINGTON At least 150 Asians, apparently trying to reach the US illegally by boat, landed on the southern coast of Haiti over the weekend, officials in Port-au-Prince said on Monday. In Washington, immigration experts said that the passengers, who were
      NYT  -  283 words
    • Article
      Lock icon Nanjing crash victims get compensation
      183 50 UPI BEIJING Families of insured victims from last month's air crash in eastern China have received compensation from a state-run insurance company, while all others will receive a nominal sum, official media reported yesterday. The families of 42 out of 106 people killed in the
      UPI  -  183 words
    • Article
      Lock icon Brazil AG asked to jail president's ex-aide
      355 50 Panel says it has evidence to hold Farias for graft, tax evasion AFP BRASILIA A congressional panel on Monday asked Brazil's attorney general to freeze the assets of former presidential aide Paulo Cesar Farias, and to jail him so he will not leave
      AFP  -  355 words
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      16 31 High-tech navigational wizardry, Pg 2 New Delhi gets tough on drivers of smoky vehicles, Pg 20
      16 words
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      Page 31 Advertisements Column 2
      29 31 Container Schedule 17 Darfy Freghts 2 Index 2 ShppmgGudt 10. U Ships m Port 17 Singapore Tries 17 Transport Diary 18 Weather and Sea Conditions 17 Weekly Freights 2
      29 words
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      Page 31 Advertisements Column 3
      162 31 INDONESIAN tTCVKDORC AND PONT ten VICES For al Indonesian main ports including outports SINN MANNING Indonesian crew and officers ratings Sri Lanka crew and officers ratings Can arrange transfer to any workMde locations CALL HOTLINE: SF'.SSS 1 MORE WAYS WE KEEP YOU AFLOAT. Whether you want to invest in a
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      139 32 UP. LIVING IT *3 EACH WEEKEND, put up your executive feel, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the higli-llying towel, or lake
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      10 32 I For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 A
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      4158 33 M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES Atflff#,# *****11 *****09 Allllr BOOKINGS TEL *****34 *****58 TERMINAL. CPS TEL: *****18 220 P BflflAfl H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. I, A m PORT KELANG TEL *****18 FAX *****91 *****88 TTTT r~TI r\ r*. o PENANG TEL *****4 FAX: *****1
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      Page 33 Advertisements Column 2
      500 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT 77k VSI/VOY SW_ HYC BAL ORf SAV uwi V 21/ M H,M M M Mm MM" KB* *1 U/M IVll *7/11 M.i* M/M II KHMMM W 17 W 21/1« an U.U All v/iocum
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      Page 33 Advertisements Column 3
      1458 33 ■nuroima NEXT SAILING TO MIDDLE EAST 5 OCEAN BLESSING 125W ETA SIN 21/8/92 1 VIM* Voy I ETA I ETD Fmam By T DESTINATIONS Leerwl/Anee I'i Thw week Magtoby Maorsk 9208 M^»gTW7WffMMrrpf3Tfr—TT^TTW'W^Mrawy^^WTTlTTlfliarailMlPWi^— CFB 24/$ 2359 MRB JOM LPK PEN OAK LOB HOU MEM ATL MIA CHS BAL MON TOR MAQLEBY
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      1560 34 R'DAM/ MMV" VOY NO S PORE JEDOAH S HAMTON H BURG ANT LE HARVE IHtlilU MONTE ROSA 20/133 20/8 29/8 12/9 8/9 7/9 1. ALL WBTBOUW DRESDEN EXPRESS 06/333 23/8 9/9 11/9 14/9 15/9 PORT KELANG ft PENANG KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 CARGO TO UK/COWTMNT KAGA 25/334
      1,560 words
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      Page 34 Advertisements Column 2
      489 34 I EXPRESS TO PAPUA NEW GUINEA 1 SPORC ALAM TALANG V2S 19/0* POM/MON/NORO/RAB KNM/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 SPOKE PtU lOAOXG FOB fIMOTMf! WW 29/09 #1/19 DIRECT
      489 words
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      Page 34 Advertisements Column 3
      1593 34 I BawiAm &xarm REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT* FEL LHA I JAPAN SEA 225W 24/08 15/09 16/09 18/09 19/09 20/09 21/09 22/09 23/09 CHINA SEA 226W 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/09 30/09 NORASJA AL MUNTAZAH 9227-3 06/09 29/09 30/09
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      2388 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 C c2& S 001 STOW B'KOK STRAUS VINIURE V?« MuUb. RK 17 IS fcjf 1« *u| 19 *u, MARION VOIBS/OL9K 23 24 AUG K27 STRAITS STAR Vl2t Muki. Lib. RK 21 22 Aug
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      1502 35 SINGAPORE AGENT: P«0 Containers (Singapore Agencies) Pte Ltd t 1 t¥l W VjlVI 11 Cllllvl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 V Tei; 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z T 1 1 EXPORT IMPORT J£g VESSEL VOY r-PHQ PKO
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      649 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSi, ¥01 S TOW ROM* WAM H BURG BREMEN UIMRP SIHWMTA 3SNB 17/) 20/10 26/10 30/10 4/11 KUTW2SHB 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 Alexandria,
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      1494 36 HANJIN SHIPPING^ TOR VSI SM IME HAUL LGB OAK FOR Wl S* IIK HAUL SAW IM NYC HANIIN FELIXSTOWE 014E ?3/8 OMECT 13/9 16/9 HAIUN KWANGTANG 0921 24/8 H KEEIUNG 038E 1/10 2/10 4/10 HANIIN HAMBURG 01 IE 30/8 OMECT 20/9 23 9 HAIUN KIJNSAN 07JE 31/8 M EUROPE 003E
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      1190 36 Id IH-1 dd J^ 5® 5" ss.5 s WT OS* NET 96 TTO LAI CHS Ml WC LHI Nm KM W MC P9 CM Nl 1 if Jt n n n in n S/ >•/» 30 10 2/10 J/10 13/10 14/10 15/10 10/10 17/10 27/10 1/11 10/11 11/11 E GHIR(
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      1558 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) jrJrj USA SERVICE TERMINAL OFFICE *****22 ■Amp mm mm FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 ■Mb UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS -F9 *****53/*****50 aust/inoia/pak NEPLINE SDN BHD MALAYSIA jrjr
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      Page 37 Advertisements Column 2
      565 37 YOUR RELIABL[ FREIGHT FORWARDER SB M U CUSTOMER SERVICE: 222 0717 FAX: 222 7988 mm 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 ETD 24/08 Manila ETD
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      1187 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 EASTBOUMD DISCHARGING WESTBOUND LOADING TRAHSHFPED VIA ROTTERDAM WSStLS T
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      1692 38 1 KT AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR N«: **********0 M) W W W7\ TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I JL A-Jt AJL TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. ■■■■1 KAWASAKI KISEN KAISHA, LTD Indonesia:
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      1170 38 PHIU-OM€NT UN€S PT€ LTD W 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 Cfjft BY AIR, LAND OR SEA.... SSt- WE TAKE ON THE WORLD FOR YOU 0? MEMBER OF SINGAPORE FREIGHT FORWARDERS ASS ClAT f^ w y|^__ 28 AUG SYDNEY. MELBOURNE. BRISBANE.
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      2441 39 PACIFIC INTERNATIONAL LINES (PTE) LTD V M 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E JAKARTA J BANGKOK VESSEL VOY SIN BKK SIN VESSEL VOV S,N JKT SIN KOTA SURIA KSR32N 19/8 22/8 26/8 EQUATOR HAWK 57N 23/S 26/8 30/8 ESTEBRUGOE 23N 21/8 24/8 28/8
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      Page 39 Advertisements Column 2
      899 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 21/8 21/8 22/8 JUTIANDIA 2332 25/8 n/9 13/9 14/9 16/9 E 28/8 28/8 29/8 SELANDIA 2342 1/9 isTi 20/9 2V9 23/9 D 4/9 4/9 5/9
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      Page 39 Advertisements Column 3
      222 39 NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SINGAPORE 28 Sep ETA Lagos 20 Oct Port Harcourt 26 Oct Calabar 30 Oct ACCEPTING B/BULK AND CONTAINERS °BSA° TRANSPORTATION lAft MYANMA M FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIf Pen P.Gdt AVA VU6W In
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      3243 42 Container Liner Services Malaysus Agents: Indonesia s Agents: General Agents: Book ino Aaents GuM Sdn BM Chun Ct Sdn Bhd Global Putra Indonesia Maritime n *.c. M PersurM Ha/a Muds Musa PSA lalan Kovtl Hilit J/W// JumhUWH Cos tar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 4MOO F*t
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      Page 42 Advertisements Column 2
      269 42 mhh SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0106 Talax: R*****0 T*i: *****81-3 Fax: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SJN/JAK SERVICE VESSEL VOY SIN JAK MAJESTY 905 21/06 (FRI) 24/08 (MON) PELOPOR 1042 22/08 (SAT) 25/08 (TUE) LAWANTI 974 24/06
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      Page 43 Advertisements Column 1
      688 43 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL PIRE AUS 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/PI 26/8 SYDNEY/MELBOURNE 20/8 NEW YORK/EC 26/8 FREMANTLE/ADELAIDE 23/8
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      Page 43 Advertisements Column 2
      785 43 IS RICHFIELD MARINE AGENCIES (S) PTE LTD 'Si TEL: *****33 (12 Lines) FAX: *****15/*****03 |F-H| TELEX: RS ***** RISHIP (3 Lines) l&S ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA ILOAOIMGFOR SPOBE ABVOT ?9WB 03 09 DARESSAIAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ANCMNET 28WB 05/10
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      Page 43 Advertisements Column 3
      459 43 JAKARTA BANGKOK < VESSEL VQY SIN KT VCSSR VOY SINGAPOK BANGKOK WANA BHUM 154S IN PI 22/04 lAKU BHUM 38N Fri 21/04 Mon 24/0» BE Nil BHUM «0S 22/04 25/08 MANIA BHUM 103N Sat 22/04 Wed 26/04 WANA BHUM 155S 26/04 29/04 PIYA BHMI' tf 247N Mon 24 04 Thu
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      Page 43 Advertisements Column 4
      344 43 mmi mum VSL VOY SINGAPORE MADRAS SINGAPORE WSSLL Ml MAX SM TIGER SIM 29* 20 21/W 27 29 01 03-04*1 TIGER SPEED 2t» 2* 25 01 31/01 07 o</n HGER CREEK 30N 21-29/01 03-05/09 11 12/08 fK»»Ca 219 M 31 01/09 07 M/M 14-IVM r VSL VOY SWGAPORE/CALCUTTA/SWGAPORr' VESSU VOl
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      1593 44 GROUPAGE I -Cf/\- JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 "7 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN-. PKL SIN PEN PK SIN 19/J 20/8 21/8 Hoof Kong Ldn/Fta/Rdm/Ant 20/8 21/8 22/8 23/8 24/8 25/8 Hont Kong Gburg/Chagen/S'hofcn/Oslo 23/8 24/8 25/8
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      304 44 IF* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL ITT SM AUST STAR 0526 26/S 7/9 9/9 26/9 PROSPECT 20$ 6/9 18/9 20/9 6/10 Ni STAR 0528 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.
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      1121 44 f THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER (MWaWW liftVlCil I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL |WT [S'POtE IIEST VESSEL VOT SPORE P. KEIAWC
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      Page 45 Advertisements Column 1
      876 45 COMPANIA PERUANA DE VAPORES V "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, HO* OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH Bill Of LADING. WgV*EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOII. TOKYO*, MANIA*, DAVAO*, P. KeUnj Singapore E'Msta
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      527 45 ICZD zim F777T1 Coitslatr Scrvlco LUmJ N.AMERICA CARRIBEAN SERVICES VESSEL VQT MAWLUR VQT LAI AST SAV WTC HM m OSAKA V?JE 24/1 M HONGKONG 2E 15/9 24/1 21/1 30/9 2/10 A VESSEL 29 lIM AMERICA R 23/9 2/10 0/10 8/10 10/10 ZM STOUT 12K Ml IN UNMAN ME 1/10 10/10
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      662 45 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARIAM. DOHA. MUSCAT. BAHRAM ABU DHABI BANDAR ABBAS lEOOAH FAR EAST ACCEPTING FCL/LCL PfNANG P, KELANG, JAKARTA. BANGKOK HONG KONG TAIWAN lAPAN MANII A KOREA UK/EUROPE ACCEPTING FCL/LCL lONOON FELIXSTOWE. LEEDS. TILBURY ABEROEEN IE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN
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      Page 45 Advertisements Column 4
      484 45 lilllUHMllilMMM I MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE i MADRAS/COLOMBO/ BOMBAY/KARACHI I WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CARGO BOOKING LUCKY TRANSPORT
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      Page 45 Advertisements Column 5
      492 45 Vj I Mll."fe VilL'la v flllk l Si FAR EAST 24/8 KEELUNG/KAOHSIUNG 22/8 BANGKOK 21/8 MANILA/CEBU I 23/8 JAKARTA/BELAWAN/SURABAYA 24/8 PORT KELANG/PENANG/E. Malaysia 24/8 BUSAN 5 27/8 TOKYO/YOKO/KOBE/NGO/OSA I 24/8 HONG KONG 1 J SIN CHINA 24/8 GUANGZHOU/HUANGPU/SHENZHEN I FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI /XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo J' S§
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      880 46 ECONOLINES 1 1 m We deliver 2040 points throughout 17 We provide weekly consolidations to 32 I countries in conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods from door to door trucks for
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      425 46 Bonterml CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 22 AUGUST ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 23 AUG JAKARTA 24 AUG PENANG 24 AUG PORT KELANG 20 AUG 22 MELBOURNE 27 AUG SYDNEY 27 AUG FELIXSTOWE 22 AUG HAMBURG 22 AUG ROTTERDAM 22 AUG GOTHENBURG 22
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      603 46 This Week's Sailings I To: KTS To! KTD m Singapore Singapore Rotterdam 22/08/92 Bangkok 23/08/92 Antwerp J Ixjs Angeles Manila 21/08/92 (Onforwardinß to Mid West/ 23/08/92 ft u. ii/nu/o') East Coast of Colombo 23/08/92 USA) Tel: Fax: Mqa Wm/ 0m (I Singapore 778 6522 779 2738 y TOr 1- L
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      Page 46 Advertisements Column 4
      454 46 _i k&a CHINESE-POLISH WA JOINT STOCK SHIPPING CO W CON T AINER BRE AKBUL K > Ml MM i iniCT^—■— I SIN I CEYNOWA V.4C 21/1 CASABLANCA B. PR US V 25 2/9 ANT WERP/ ROT TERDAM/ HAMBURG/ GOYNA I LUBAN ¥51 6/9 CASABLANCA KAftLOWCZ V 49 24/1 XMGANG/NANJMG/SHANGHAI ZHANGHENG
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      87 47 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS <> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
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      104 47 YUSEN SEACARGO AGENT OF TRANSCONTAINER LIMITED CONSOLIDATION SERVICES TO FAR EAST:- KOBE, TOKYO, YOKOHAMA, OSAKA, HONGKONG, BANGKOK, JAKARTA TO EUROPE:- HAMBURG, ROTTEROAM, FELIXSTOWE (ALSO ACCEPTING FCL CONTAINERS.) YUSEN AIR SEA SERVICE (S) PTE LTD SOUTHPOINT #11-02 A, 200 CANTONMENT RD, SINGAPORE 0208 TEL (65) 227 4567 FAX: (65) 227 5556
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  • Page 47 Miscellaneous
    • Miscellaneous
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      446 47 TIDES AND WEATHER TODAY'S TIDES (haflt in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 MOO 0900 *****100 1200 ***************0 1700 1800 1900 2000 2100 2200 2300 JR 20 2.5 26 25 22 1 7 1.1 08 06 06 08 1.2 19 24 26 2.6 24 19 1.4
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      530 48 WfeL 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) T VESSEL ETA ETD DESTINATION SERVICE
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      Page 48 Advertisements Column 2
      528 48 i. cosco UKC COWVEMTK)WAt SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CMNA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: TRANS ASEAN 15/00 20/08 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CMN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      Page 48 Advertisements Column 3
      388 48 BEUING CHANGCHUN CHANGSH^*(pr^ CHENGDU CHONGQING FUZHOU GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU Cr" 1 OSSeSrLO /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 S SKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SIA Building, Singapore 0106 Singapore Tel: *****79 Fax: *****82 Tlx: RS *****SKHNVO Johore
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      Page 48 Advertisements Column 4
      71 48 KAWASAKI KINKAI KISEN KAISHA. LTD. JAPAN/ HONG KONG STRAITS S'pore PGudwi PKetant Penani ESTE FRESCO VI SIO M PT SrtNSHU MARU V 2 23/8 25/8 JUPITER ACE Vl7 25/8 27/8 EROS *1 26/8 28/8 CITRON JADE V 2 5/9 BECCIES V 29 7/9 9/9 CR n6 1130M2000W SPORE: AB SHIPPING
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      1111 49 HYUNDAI MERCHANT MARINE CO. LTD. 'VIA FEEDER PACIFIC SOUTH-WEST SERVICE PWA* PKE* PGo*_ SH» TO US* VOY KAO LBH OAK PAI/HOU CHI SIU NYC 11/01 05/08 07/08 14/0* H. PIONEER 51E 21/08 07/09 10/09 10/09 11/09 11/09 13/09 18/08 12/08 14/08 21/08 H BARON 01E 28/08 14/09 17/09 17/09 18/09
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      Page 49 Advertisements Column 2
      468 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSStI WY n RK M COSMIC flOMll 2« SLI 21 I ORiKf OCEAR 121 SIB M PT ARENA 17 21/1 21/1 MM 21/1 UU MIU 14 27/1 SMJtI IS 2/1 4/1 SWAM I 2 11/ l IS/I IS/I COSHC
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      Page 49 Advertisements Column 3
      849 49 JEDDAH/UK/CONTINENT (STORE leO S TOW H-BURG ADAM lEH Ako C».o MONTE ROSA 21/111 21/1 21/1 12/1 l/l 7/1 South**,)* I* il UR Anttobon B««tt And Out*. ORESOEN (IP W/1U 21/1 l/l U/l 14/1 IS/1 R.tt.d.n :to <4 Antwerp HcHrtu MUj|ljj|^H RAAAAUM 24/114 27/1 S/l 11/1 IS/1 14/1 Soutlurvtor :toal UR
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      46 50 I INVESTMENT Every Saturday in Business Times Suitable applicants are required far EXPORT COORDINATION, SALES/MARKETING, CUSTOMER SERVICE. We are a leading seafreiaht forwarder and training will be providecT Please phone or fax for an interview appointment. Tel: 223 8219 Fax: 227 7558 Ctc: Ms Nellie ——Mir
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      Page 50 Advertisements Column 2
      122 50 INVESTMENT Every Saturday in Business Times Across Asia UPS planes do something very important every day. They take off on schedule. Worldwide Expedited Package Service from UPS ensures the packages it carries will arrive in the As conventional shipments are being consolidated on the ground, your UPS shipments are already
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