The Business Times, 25 August 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, August 25, 1992 75*
    16 words
  • NEWS SUMMARY
    • 74 1 JERUSALEM Israel's Labour government yesterday cancelled expulsion orders against 11 Palestinians issued by the previous Likud administration as Middle East peace talks resumed in Washington. The defence ministry said the move came a day after Prime Minister Yitzhak Rabin ordered the release of about 800
      74 words
    • 70 1 ROSTOCK, Germany German Interior Minister Rudolf Seiters, alarmed by a weekend orgy of neo-Nazi violence against foreigners in this eastern city, flew in yesterday for crisis talks with regional officials and police. Several hundred extreme right-wing youths, cheered on by a crowd of some 2,000
      70 words
  • MARKETS SUMMARY
    • 39 1 WALL STREET stocks headed lower in early trading yesterday, picking up where it left off in Friday's sharp decline. The Dow Jones average of 30 industrials fell 21.07 points to 3,233.03 in the first hour of trading.
      39 words
    • 24 1 LONDON share prices were sharply lower at midday yesterday. The FTSE 100-share index was down 41.8 points at 2,323.9 at 1105 GMT.
      24 words
    • Article, Illustration
      29 1 Monday Change BT-MGA 643.31 -9.68 Kuala Lumpur —565.56 -2.10 Tokyo 16,627.96 411.08 Hongkong 5,390.93 -118.46 Sydney 1,539.5 -19.8 Friday Change New York 3,254.10 -50.79 London 2,365.7 +6.3
      29 words
    • 19 1 Fufhwift rates USS S$ 1.6040 100 Yen SS 1.2806 MMmiiiarMralM 3 6438 Overnight 2-3/16% -5/16 3-month 2-1/4* -3/16
      19 words
    • 36 1 London Gold AM fix US$341.85 +US$4.50 Rubber S'pore Sep 141.25«/kg +0.25 M'sia Sep..... 218.50»/kg unch KL Tin Turnover 15 tonnes +2 Spot M$16.80/kg +0.04 Crndo point oil Turnover 814 lots -186 Oct MS846 /tonne +2
      36 words
  • 625 1  -  By Colin Tan SINGAPORE S Dhanabalan, who has been a member of the Cabinet since June 1980, has resigned as National Development Minister and will re-join the private sector next month. The Prime Minister's Office yesterday said Finance Minister Richard Hu
    625 words
  • 457 1  -  Deal raises eyebrows in view of HK govt probe From Catherine Ong in HONGKONG FUJIAN Enterprises (Holdings) has bought a 10 per cent stake in Allied Group Ltd for HK$ 126.5 million (5526.24 million) amid a government investigation into the company controlled
    457 words
  • 264 1  -  The sinking of the Royal Pacific By Soh Tiang Keng SINGAPORE Insurers may have to pay up about $150 million for the Singa-pore-based cruise ship, Royal Pacific, which sank on Sunday after colliding with a Taiwanese trawler. BT understands that this
    264 words
  • 270 1  -  By Juliette Walker SINGAPORE Eight people are still missing from the Singapore-based cruise ship Royal Pacific which sank after its Sunday collision with a Taiwanese trawler. Five Singaporeans are among the missing: Vanessa Cheng Chiang Eng, 31; Jeffrey Tan Bock Soon, 34; Puan Kheng
    270 words
  • 125 1 JAKARTA Indonesia said yesterday it would review its widely criticised decision to allow hundreds of workers from China into the country. "We are re-checking ...but it should not affect the project," Coordinating Minister of Security and Political Affairs Sudomo told reporters. About
    125 words
  • 354 1  -  By S N Vasuki SINGAPORE European central banks started the week on an interventionist note as the US dollar plunged to an all-time low against the German mark in European trading yesterday. The bearish sentiment spilled over to European stock markets
    354 words
  • Page 1 Advertisements
    • 504 1 Nikon The World's Finest Photographic System. MISC pessimistic MALAYSIAN International Shipping Corporation Bhd (MISC), which reported higher turnover but lower net earnings for the half-year to June 30, 1992, expects worse times ahead Page 4 Guinness Anchor hit ADDITIONAL excise duties imposed by the Malaysian government have taken their toll
      504 words
    • 160 1 Issues facing entrepreneurs ENTERPRISE 92, a conference exploring issues facing local entrepreneurs, opens today. Entrepreneurs themselves, in particular those running small and medium businesses, have zeroed in on a perennial complaint money, or rather, the lack of it. Are their concerns justified? Turn to Pg 13 P4(witomtvZ nSllflWv rflDvl lIHIU
      160 words
    • 19 1 Nikon The World s Finest Pnotographic System. Hock Lock Siew: Minority shareholders right in rejecting MAS rights, Pg 4
      19 words

  • PAGE 2 NEWS
    • SINGAPORE ROUNDUP
      • 94 2 THE Internal Security Department (ISD) has questioned a Merrill Lynch economist, Nicholas Kwan, in connection with a Business Times report in June citing economic statistics. The US-based brokerage yesterday said Mr Kwan was questioned at the ISD's premises on Aug 19. The Home Affairs Ministry,
        94 words
      • 65 2 LIEN YING CHOW, group chairman of the Overseas Union Bank, will be conferred the honorary degree of Doctor of Letters by President Wee Kim Wee at the National University of Singapore's convocation ceremony on Aug 31. At the same ceremony, President Wee will also confer
        65 words
      • 47 2 JHE Health and Community Development Minister, Yeo Gheow Tong, will attend the Fourth Asian and Pacific Population Conference in Bali from Aug 26 to 27. The theme of the conference is Population and Sustainable Development: Goals and Strategies into the Twenty-First Century.
        47 words
      • 67 2 THE Republic of Singapore Air Force will host the first phase of its annual bilateral air exercise with the Royal Thai Air Force at the Sembawang Air Base from Aug 25 to 29. The exercise, which will involve 130 officers from the two air forces, will
        67 words
    • 469 2  -  STPB disputes BT report of hotel price war By Harish Mehta SINGAPORE The Singapore Tourist Promotion Board (STPB) yesterday announced that visitor arrivals hit an all-time high in July, and disputed a BT report last week which said hotels were locked in a
      469 words
    • 251 2  -  By Claire Leow SINGAPORE Otto Versand of Germany, touted as the world's largest mail-order firm, will spend U5566.5 million (SS 106.4 million) to source goods from South-east Asia this year. A quarter of this amount has been slated for Singapore goods. The
      251 words
    • 303 2  -  Both believe profit will improve within 2 years By Schutz Lee SINGAPORE Brierley Investments Ltd and the Singapore government have no intention of divesting their stakes in beleaguered Mount Charlotte Investments, whose performance has been hobbled by a slower than expected recovery
      303 words
    • 427 2  -  By Shoeb Kagda SINGAPORE The Chinese stock market, for all its spectacular growth in recent months, has yet to experience its baptism of fire, said John Wong, director of the Institute of East Asian Political Economies. Potential participants in the market should
      427 words
    • 427 3 Tax incentives, lower money market rates in rescue package Reuter SEOUL South Korea yesterday unveiled long-awaited measures to boost the ailing stock market, but analysts predicted the multi-billion-dollar rescue plan would give plummeting prices only a short-term fillip. Prices initially soared
      Reuter  -  427 words
    • 224 3 SINGAPORE Golf course and resort development circles in Malaysia are anxiously awaiting a Federal government announcement on guidelines for such recreational facilities. The guidelines, first mooted early last month, are being considered by Malaysia's Ministry of Domestic Trade and Consumer Affairs, which controls the Registrar
      224 words
    • 253 3  -  From Rajendra Bajpai in NEW DELHI SINGAPORE Telecom's Indian joint venture, Mobile Communications, is among the lowest bidders in terms of rentals for contracts to operate cellular phone networks in India. Industry sources said they believe India's Department of Telecommunication will award operating
      253 words
    • 333 3  -  Benefits of country's investment boom will spread Reports by Teh Hooi Ling SINGAPORE In the next three to five years, industrial development in Peninsular Malaysia will pick up along the east coast as the country experiences an investment boom.
      333 words
    • 353 3 SINGAPORE Singapore and Johor should not allow the "minor irritations" that exist in the relationship of neighbours to surface and be blown out of proportions. "Difficulties, real or perceived, if encountered in our dealings, viewed in the light of our overriding regional objectives,
      353 words
  • Page 2 Advertisements
    • 48 2 A Super Holiday on Nassim Hill Singapore'd Modt Up-Market Residential And Embadjy District FOTSS(T For reservations, contact your Travel Agent or call us at 732-1113 and 235-6560. Or simply fax us at 737-6684. (All numbers are toll-free). A ANA HOTEL SINCAPORE 16, Nassim Hill, Singapore 1025. Tel: 732-1222.
      48 words
    • 69 2 A BOID DEVELOPMENT jj/ki J} /%>■ A \mSsm Easy access via ECP and AYE 5-minute walk s\L from Taiyong Pagar MKT Column-free office IJ||L y^Sjwl space Computerised building management V system Conference facility High speed lifts Ample carpark lots "n!??*\Nw OFFICES FOR LEASE FOR IMMEDIATE OCCUPATION uif3 DiVtLOUK: SOLS MAMKiTING
      69 words

  • Page 3 Advertisements
    • 78 3 with New Binding Machine ftipl Arl 1 11 yl# m ~£j/ JM Please call Tell *****95 or Fax: *****41 to confirm your order Now! wl /MIH• 1 IBICO SINGAPORE PTE. LTD. 47 Ayer Rajah Crescent #05-08/17, Singapore 0513 pS r ALL THE RIGHT |-j_POLLO CONNECTIONS f* Located at the entrance
      78 words
    • 102 3 dSsTHE BEST OF IWC Since the establishment and moon phase display in of Sincere Watch in 1954, we 18kt S old Radiatin elegance, have worked hard to maintain economy of form and technical a reputation for excellence. brilliance. the service we provide our Exquisite watches. Excustomers and in the range
      102 words

  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 99 4 KUALA LUMPUR Landmarks Bhd's group pre-tax profit for the six months ended June surged 156 per cent to M 524.34 million (5515.58 million) from M 59.49 million a year ago. Its unaudited results showed that turnover grew 27 per cent to M 568.58 million from
        99 words
      • 68 4 SINGAPORE Three subsidiaries of Singapore Airlines have announced a change of company secretaries. Devika Rani Davar has resigned from Singapore Jamco Pte Ltd and SIA Properties (Pte) Ltd and was replaced by Jonathan Kok Hei Mun and Catherine Ho Peng Hong in the two respective
        68 words
      • 53 4 SINGAPORE Hai Sun Hup Group, whose bonus issue was approved by shareholders recently, has adjusted the exercise price of its Warrants 97 to $1.94 from $2.42, and increased their number to 48.59 million from 38.87 million, on the basis of one new warrant for every
        53 words
    • 272 4  -  By Dexter Lee SINGAPORE Keppel Integrated Engineering Ltd (KIE) has clinched its biggest contract since going public an $11-million order from a Swedish company to build the steel structure of two boiler houses. The boiler houses order were, however, a prelude to
      272 words
    • 436 4  -  Interim earnings hit by overcapacity, falling freight rates By Sylvia Wong SINGAPORE Malaysian International Shipping Corporation Bhd (MISC) yesterday reported higher turnover but lower profit for the halfyear to June 30, 1992, and said it expects difficult times in the second half. The
      436 words
    • 405 4  -  From Catherine Ong in HONGKONG SOUTH CHINA Morning Post (Holdings) has notched up a 9.3 per cent growth in full-year earnings which were in line with market expectations, analysts said. Net profits for the year ended June 30 rose to HK5531.7 million (SS
      405 words
    • 208 4 SINGAPORE Singapore Press Holdings Ltd (SPH) is looking to the information technology (IT) industry for an expert to help it handle the production of the massive Appointments Notice section of The Straits Times. The expert, however, would not be flesh and blood,
      208 words
    • 230 4 SINGAPORE The restructuring of the marinebased Sembawang group, which started in 1990, will soon go one step further. Sembawang Shipyard is set to acquire over 16.2 million shares of rival Jurong Shipyard from holding company Sembawang Holdings. Yesterday listed Sembawang Shipyard and
      230 words
    • 394 4  -  By Sylvia Wong SINGAPORE Additional excise duties imposed by the Malaysian government have taken their toll on the interim earnings of Guinness Anchor Bhd. After a record year in 1991, Guinness Anchor has reported a 3 per cent drop in net earnings to
      394 words
    • 155 4 Bernama KUALA LUMPUR Metrojaya Bhd expects to register a 25 per cent growth in turnover for the current financial year ending March 31, 1993. Speaking to reporters after the company's annual general meeting here yesterday, chairman Ahmad Khairummuzammil Mohamad Yusoff said the group's profits
      Bernama  -  155 words
    • 685 4  -  THE HOCK LOCK SIEW COLUMN By S N Vasuki SINGAPORE Not so long ago, listed companies treated minority shareholders like ageing members of a family. They received a patient hearing at annual general meetings where senior management made polite noises and promised
      685 words
    • 353 6 BANGKOK Thailand's Securities and Exchange Commission has formed a seven-member committee to strengthen its investigation on stock trading irregularities, such as insider trading and share manipulation. The committee is chaired by former secretary-general of the Juridical Council, Dr Amorn Chantarasomboon, the Bangkok
      353 words
    • 221 6 Bloomberg HONGKONG A growing number of companies controlled by China plan to make initial public offerings and list shares on the Hongkong stock exchange, the Asian Wall Street Journal has reported. The next mainland Chinese enterprise to go public is likely to
      Bloomberg  -  221 words
    • 264 6 Bloomberg MELBOURNE Australia's Ashton Mining Ltd, which has a 40 per cent interest in the world's largest diamond mine, said profit before tax and abnormal items doubled in the first half of 1992 from a year earlier. The company said interim earnings totidled A
      Bloomberg  -  264 words
    • 537 6 MARKET Reuter HONGKONG Hongkong and Shanghai Banking Corp's parent could announce interim profits up by 30 per cent this week, but analysts say mystery surrounding its exposure to property giant Olympia and York has reduced forecasting to pure guesswork. Results for the first six
      Reuter  -  537 words
    • 472 8 Reuter SEOUL Three of South Korea's industrial giants are waging an all-out fight to get into a lucrative new field of high-technology shipbuilding. The shipbuilding units of the Samsung Group, the Daewoo Group and the Hanjin Group are vying to win a
      Reuter  -  472 words
    • 320 8 Bloomberg TOKYO Major Japanese life insurers face serious challenges to their financial position in the *****, said a report issued yesterday by credit ratings agency Moody's Japan KK, a subsidiary of Moody's Investors Service. Separately, the agency said it is reviewing the "AAA" ratings
      Bloomberg  -  320 words
    • COMPANY BRIEFS
      • 56 8 LONDON Euro Disney SCA, operator of the Disneyland theme park near Paris, may not pay shareholders a dividend this year, said a report in the Independent on Sunday. "The payment will be decided in December and will depend on the level of losses," a Euro
        56 words
      • 57 8 ATHENS A small Greek publishing concern whose owner has ties to the Greek Communist Party has announced that it has obtained majority control of the Russian daily newspaper Pravda. Akadymos is run by Yannis Yannikos, 69, and his 30-year-old son, Christos, both now in Moscow
        57 words
      • 53 8 LONDON The Observer newspaper owned by conglomerate Lonrho pic increased its losses last year by nearly £1 million (553.16 million) and warned the current year would be difficult, said a report in the Sunday Telegraph. The report said the figures came from overdue accounts lodged at Companies
        53 words
      • 64 8 LONDON Irish food and media tycoon Tony O'Reilly has held secret talks with bankers who own 56 per cent of Mirror Group Newspapers pic, said a report in the Sunday Telegraph. Mr O'Reilly controls Irish media company, the Independent Newspaper Group, which
        64 words
    • 441 8 Reuter SYDNEY Rupert Murdoch's News Corp Ltd is on track for a profit of almost ASSOO million (***** million) for the latest year to June 30 the highest in three years, analysts said. The global media and entertainment group, wallowing deep in the
      Reuter  -  441 words
  • Page 4 Advertisements
    • 252 4 S'pore investors stay away 21 Tokyo stocks surge 2.5 pc 27 Hang Seng down 2. lpc 27 WORLD-CLASS MANAGEMENT TRAINING PROJECT ADVISORY SERVICES INTERNATIONAL INVESTMENTS UCLA O 3 University of California, Los Angeles w in association with Malaysian Strategic Consultancy Sdn Bhd q. presents a World-Class 0 n a: Few
      252 words

  • Page 5 Advertisements
    • 396 5 J If you're not using an HP LaserJet printer, i your software could play tricks on you. 1 All leading software is written with HP performance of the HP LaserJet printers, are told, all of the time. LaserJet printers in mind. This ensures other printers have an unfortunate that the
      396 words

  • Page 6 Advertisements
    • 228 6 Rather Than Sprinkle Spices We Throw In Freshness. II Faithful to traditional Teochew culinary art, our chefs at Hung Kang Teochew v Restaurant do not use spice excessively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the true taste of our food.
      228 words

  • Page 7 Advertisements
    • 269 7 P Prime space now available at 27% off. We really ourselves so more 2nd Prize Two Qantas Class. Especially now 27% off Class return our on Australian and Business Class, until December nights in Deluxe Accommodation budget as well as your legs to these 3rd Prize Two Qantas Business destinations.
      269 words

  • Page 8 Advertisements
    • 557 8 International Marketing 11th Intake by Distance Learning rniißl "One of the advantages of enrolling in the M.Sc degree in Rinn International Marketing is that you will be joining a (i3E9U Ww Department that is acknowledged as the largest and most KIL^JM \3I/ innovative University centre of Marketing in Europe." UiEkllSj
      557 words

  • FINANCIAL NEWS
    • 342 9  -  By Kooi Cho Teng SINGAPORE Austria's leading bank, CreditanstaltBankverein, will set up a merchant banking unit here by the end of this year. Brian Hobson, the general manager of the bank's Hongkong branch, said the merchant banking licence was granted late
      342 words
    • 527 9  -  THE By Shoeb Kagda The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by Jutures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index Jutures.
      Source: Knight-Ridder  -  527 words
    • SMALL CHANGE
      • 108 9 TOKYO The Japanese government will not be influenced by the recent political calls for deficit-financing bond issues when it maps out a new economic-stimulative package later this month, a Ministry of Finance (MOF) official has said. Foreign Minister Michio Watanabe reportedly said that the
        108 words
      • 69 9 TOKYO Yamaichi Securities Co Ltd, one of Japan's Big Four securities firms, will merge three retail offices into larger branches because of the sluggish Tokyo stock market, a Yamaichi spokesman said. Earlier, Yamaichi merged six other retail offices into branches where a wider range of
        69 words
      • 75 9 OSLO Norway's biggest insurer, Uni Storebrand A/S, will write down the par value of its shares as part of a deal to obtain two billion crowns in fresh capital to shore up the company. Norwegian authorities met during the weekend to try to resolve a
        75 words
      • 103 9 COPENHAGEN Unidanmark A/S, holding company of Danish bank Unibank A/S, said it has appointed Thorieif Krarup as new chief executive officer in succession to Steen Rasborg. Mr Krarup is the head of Danish mortgage bank Tryg Nykredit Holding with which Unidanmark plans a strategic alliance. Mr
        103 words
    • 512 9  -  By Quak Hiang Whai SINGAPORE Banks are moving out of developing their own software into what they know best banking, claims Bruce R Quick, managing director of Fiserv (ASPAC) Pte Ltd and head of the banking software group's Asia Pacific operations. Major banks
      512 words
    • 180 9 Reuter BANGKOK The government of Prime Minister Anand Panyarachun will speed up drafting executive laws to allow banks and finance institutions to set up offshore banking units here before it leaves office after the elections next month. Finance ministry sources said they plan
      Reuter  -  180 words
  • Page 9 Advertisements
    • 173 9 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including'% a complimentary glass of wine. SINGAKU Call 733 8888/(irresmunrnu. I Gacadcn Ro»d (off Orchard Road) Gimpfcmfntani uuiel parking Smpapore 1024 Rare Chinese Art Exhibition (25th August 10th September 1992 10am 6pm daily) Hua Shi Oriental Art
      173 words

  • THE REGION
    • 361 10 Salaries still up to 50pc lower than in NICs MBT KUALA LUMPUR Wage increases in Malaysia will not ijndermine competitiveness as salaries are still 30 to SO per cent lower than in the newly-industrialised countries (NICs) and a shift to higher value-added
      MBT  -  361 words
    • 246 10 Reuter BANGKOK The "Mr Clean" of Thai politics has threatened to crack down on the country's notorious sex industry if his Moral Force party wins elections next month, The Nation newspaper reported yesterday. "We have to prevent women from being lured
      Reuter  -  246 words
    • 362 10 Reuter TOKYO Negotiations between Japanese buyers and Vietnam for term contracts to buy crude oil from the Bach Ho field from the fourth quarter of 1992 have broken down over a 17-US-cent difference in price, oil sources said yesterday. The buyers
      Reuter  -  362 words
    • 262 10 Reuter KUALA LUMPUR Plans by an opposition-led Malaysian state to introduce orthodox Islamic laws which prescribe amputation of limbs and whipping are unlikely to win wide support, analysts say. The north-eastern state of Kelantan announced earlier this month that it would go ahead
      Reuter  -  262 words
    • NOTE BOOK
      • 68 10 KUALA LUMPUR India has agreed to buy 300,000 tonnes of Malaysian palm oil during 1992/93 (April-March) financial year, a senior Malaysian official said yesterday. India's State Minister for Industry P J Kurien gave the undertaking at a meeting with Malaysian Primary Industries Minister Lim
        68 words
      • 68 10 KUALA LUMPUR Malaysia's liquefied natural gas (LNG) business is expected to nearly triple from 1990's trade of 72 billion cu m (bcm) by 2010 but financing new projects to meet the increasing worldwide demand will be a persistent problem. Petroleum Economist, the international energy journal,
        68 words
      • 40 10 YANGON University students leaving the campus of the University of Yangon after registering for the 1992-93 school year. Students began classes yesterday for the first time since 1988 when the military seized power following student-led anti-government demonstrations.
        40 words
      • 59 10 BANGKOK The Thai government is working on two agreements with Russia. One is on the double taxation treaty and the other on investment protection, the Bangkok-based The Nation reported on Saturday. The Thai government is also considering opening a letter of credit account for trade
        59 words
  • Page 10 Advertisements
    • 201 10 THE TOTAL BUSINESS CONCEPT ALEXANDRA POINT TECHNO PARK f \jf vJive your business the cutting edge by integrating your corporate headquarters, administration, R&D, manufacturing, warehousing, showroom, sales and service centre in Alexandra Point Techno Park. By locating these functions in the 25-storey office tower and two 8-storey industrial IlN* blocks,
      201 words

  • THE WORLD
    • 448 11 mi|i Challenger charges President with religious intolerance Reuter WASHINGTON US President George Bush on Sunday told a farm audience he favoured "free trade without apology" while Democratic challenger Bill Clinton charged the Republican President with religious intolerance for his position on abortion. The
      Reuter  -  448 words
    • 268 11 Reuter LONDON British Prime Minister John Major faced a possibly grave sterling crisis yesterday after returning from holiday at the weekend to hear sharp criticism of his economic policies. Mr Major and Chancellor of the Exchequer Norman Lamont will hold urgent
      Reuter  -  268 words
    • 360 11 Normalisation of Beijing-Seoul ties Reuter SEOUL The establishment of diplomatic ties between South Korea and China yesterday raised the stakes in Seoul's confusing political poker game for unification with the communist North, analysts said. They said Seoul had scored a major coup in
      Reuter  -  360 words
    • WORLD WATCH
      • 76 11 BEIJING China's trade with Japan will hit a record US$23 billion to US$24 billion (between 5536.8 billion and 5538.5 billion) this year against 1991's US$2O.2 billion, placing Tokyo firmly as Beijing's number two trading partner in Asia after Hongkong, the official China Daily said. High growth
        76 words
      • 56 11 JERUSALEM Israel's new government, keen to create jobs and boost the economy, plans to spend US$B.5 billion modernising its infrastructure over the next three years, treasury officials said on Sunday. The plan would be part of a budget that would include cuts in spending on defence
        56 words
      • 41 11 TAIPEI About 200 Taiwanese drug manufacturers protesting outside the unofficial US embassy in Taipei yesterday against US pressure on Taiwan to crack down on patent piracy. Taipei and Washington began trade talks earlier in the day.
        41 words
      • 67 11 CARACAS Venezuelan President Carlos Andres Perez has announced a budget-cutting plan that included a freeze in public sector wages next year, the elimination of 25,000 state jobs and a reduction in the operating costs of the oil company. Mr Perez, in an address to the nation,
        67 words
      • 74 11 BUENOS AIRES The partners of the Mercosur commerce pact Argentina, Brazil, Paraguay and Uruguay will seek to join the North American Free Trade Agreement (Nafta), Argentine Economy Minister Domingo Cavallo said yesterday. Mr Cavallo told the daily La Nation that Mexico's joining the United States'
        74 words
  • Page 11 Advertisements

  • 480 12 EDITORIAL ONCE AGAIN, Washington is on an economic warpath with China, this time with a hit-list of Chinese exports worth US$4 billion which might face punitive tariffs unless the derailed trade talks between the two are back on track by Oct 10. Washington is playing
    480 words
  • WHAT THE OTHERS SAY
    • 271 12 THE COLLAPSE of the British property market should sound a further cautionary note for eager investors continuing to rush headlong into condominium units and other projects still under construction. True, the Real Estate Developers Association of Singapore has assured them that there are adequate safeguards
      271 words
    • 100 12 THE DISINTEGRATION of Soviet Union is no doubt one of the most significant moments in the world's history. It ushers the end of the Cold War, disenchantment over communism and the dawn of intense economic competition via the formation of trade blocs. The world may be
      100 words
    • 130 12 SINGAPOREANS must first deepen their understanding of themselves and of others to be able to really look to the world. On the one hand, they cannot forget that Singapore is an independent country and that the cultivation of the people's emotional ties with their homeland is
      130 words
  • REGIONAL VIEWPOINTS
    • 162 12 THE Health Ministry has finally hit the nail on the head over what is the most crucial thing that needs to be done in improving the country's health-care services: upgrading hospital emergency units. Yes, the ministry must be commended for its newly-found determination to upgrade the
      162 words
    • 129 12 WITH THE AIR in Bangkok becoming suffocating and the country's rivers turned into sewers, how are we supposed to respond when the government says it can't properly do its job in taming industrial pollution? Should we bea>me angry? Frustrated? Resigned? How about all of the above?
      129 words
    • 252 12 IT IS OFTEN galling to note that the service industry often seeks approvals for price increases to maintain its profit levels but this is seldom matched by improvements in the provision of its services and the public transport operators are no exception. Too many, and too often,
      252 words
  • 906 12  -  Steve Brull looks at why foreign companies are flocking to Japan's second city Steve Brull IHT OSAKA may be Japan's second city but for a growing number of foreign companies fed up with Tokyo's high prices and chaotic crowds, it is No 1. For
    IHT  -  906 words
  • Page 12 Advertisements
    • 499 12 6TH ASIA-PACIFIC PETROLEUM CONFERENCE 14-16 September 1992 UAAA3 Raffles CHy Convention Centre, Singapore ■Rf|RVnWSHVVV9V|V|9VRH Mr Edward Kropels Mr Yoshi Nokamura BHHHhUfIHHHUkaIUHHAfiI Pres»denr, Energy Security Anolysis, Inc. Monogef, Marubeni Corpn Washington D.C., USA T OPENING ADOAESS Mr lan Taylor Mr Lim Qoon Henq Dynornks 6 Business Monoging Director, Virol Asia Senior
      499 words
  • Page 12 Miscellaneous
    • 72 12 DOONESBURY GARRY TRUDEAU Doonesbury by garry trudeau PHm not run- i know /s that ri6ht? 6&at' you thanks pun I NING Off- WITHOUT we've MET USTBN, HJfVZ GOT TO ZAIPIT' JIM' KST J "*> s ITjHI SMNS6OOPNKHT. ABOUT TBN GtT YOU HPS OV£*ONB U/tU.frbl TO YOUR rl(M p i AR£
      72 words

  • ANALYSIS
    • 907 13 The Economist A CENTURY or two ago, young men dreamed of finding a gold mine or carving a cattle ranch out of the wilderness. Those who succeeded were the heroes of their age, and nobody doubted their right to take their rewards. Today
      The Economist  -  907 words
    • 1504 13  -  Enterprise 92, a conference exploring issues facing local entrepreneurs, opens today. Entrepreneurs themselves zero in on a perennial complaint money, or rather, the lack of it. But isn't enough already being done? Helen Chang reports Helen Chang MONEY has always been a problem
      1,504 words
    • 658 13  -  Money problems of a more formidable kind plague Russians, says Steven Erlanger Steven Erlanger NYT IN THE enormous shadow economy that was the Soviet Union, a foreigner, immediately recognisable by hair, shoes, clothes and who knew what else, could hardly walk the street
      NYT  -  658 words
  • Page 13 Advertisements
    • 321 13 #H> Jones lang Wootton International Property Consultants Real Estate Agents Valuers Auctioneers Project Property Managers Jones Lang Wootton, Singapore's leading international property consultancy firm, is seeking outstanding individuals to join their Retail Agpncy Department The JLW Retail Team, by far the largest and motf dynamic in Singapore, is currently involved
      321 words

  • INNOVATION & TECHNOLOGY 1
    • 669 14  -  The AYS group tells Jennifer Lien what's on the cards Jennifer Lien SINGAPORE'S AVS group wants to break into the sound card business now dominated by compatriot Creative Technology. And with more and competitive pricing, the local PC maker might just sfacceed in
      669 words
    • 793 14  -  Andrew Baxter describes how the humble warehouse is opening its doors to automation Andrew Baxter FT LOOMING over British Steel's tinplate works in a steep valley at Ebbw Vale is a somewhat forbidding structure. It may not win any architectural awards but its contents hold the key
      FT  -  793 words
    • 864 15  -  Helen Chang meets a local entrepreneur who has found a unique market niche Helen Chang An old joke goes: how many Poles does it take to screw in a light-bulb? Five one to stand on the stool and hold the light-bulb, and four to turn the
      864 words
    • Article, Illustration
      487 15  -  Louise Kehoe reports on a Silicon Glen venture with big ambitions Louise Kehoe FT NOT EVERY world leader is American. This slogan on the cover of Spider Systems' marketing brochure sets the tone. The eight-year-old Edinburgh-based computer networking company thinks big and faces competition head on. "All
      FT  -  487 words
    • 685 15  -  Lawrence M Fisher describes an early warning system for coronary artery disease Lawrence M Fisher NYT PHYSICIANS have long sought a window into the heart, some means to glimpse the progression of the fatty plaque in coronary arteries before it causes a heart attack.
      NYT  -  685 words
  • Page 14 Advertisements
    • 161 14 Within the spacious interior of the new Jaguar XJ6, all is distinctive luxury and comfort. Sumptuous, hand-sewn leather upholstery and mirror-polished walnut veneers convey all the I richness and elegance you would expect of the world's most sought-after marque. Such uncompromising quality is fully matched by the choice of 3.2
      161 words

  • Page 15 Advertisements
    • 196 15 ARE YOU STm^^ TO BREAKING POINT |kjj|BY FINANCIAL RISKS? Tight liquidity and difficulty in making credit assessments can tax even the most experienced of financial controllers, proprietors and business- men. And that's not even including those times when unexpected events, such as sudden political and economic crisis, can throw your
      196 words

  • FOCUS
    • 691 16  -  Middle East peace talks Local politics may be able to help produce results in the latest round of Middle East peace talks, writes Barbara Crossette Barbara Crossette NYT AS DELEGATES gathered in Washington for a new round of Middle East peace talks, thlre was
      NYT  -  691 words
    • 847 16  -  Clyde Haberman speaks to a Palestinian negotiator who says her people have special cause to be heard Clyde Haberman NYT THE Israeli-Palestinian conflict has long been a search for who wronged whom first. Who threw the first stone, fired the
      NYT  -  847 words
  • Page 16 Advertisements
    • 175 16 Why wait months for your arm to be replaced? I speaking, you'll be hard put to find another piece of office furniture that was more efficient. So ergon-omically-inclined that if you ever develop a bad you see it again. Unless it Diethelm chair), drop in to posture, we wouldn't be
      175 words

  • LIFESTYLE 1
    • 1049 17  -  As the scandal gains wider publicity, friends and relatives come forward to speak for Mia Farrow or Woody Allen, reports James Barrow James Barrow NYT THIS is no ordinary custody fight. Whatever the facts behind the very public breakup of these once very private people, Woody Allen and
      NYT  -  1,049 words
    • 971 19  -  American magazines for men are breaking into the Englishman's domain. But not without some resistance, reports Suzanne Cassidy Suzanne Cassidy NYT IN 1988, when Conde Nast started a British edition of GQ, the conventional wisdom was that British men didn't read general-interest magazines, did not care
      NYT  -  971 words
    • 531 19 CHATTHtBOF' ROCK MUSIC fans in Romania are thrilled at the news that Michael Jackson will appear in Bucharest, but many say they're not sure they can afford to go to the pop superstar's Sep 30 concert. The tickets are rumoured to cost up to
      531 words
  • Page 17 Advertisements
    • 258 17 The reat colour notebook. o^^nmmioGi Active real colours vs. passive colours. Sharp's LCD uses the TFT active matrix system, as opposed to a conventional LCD, ua for rich, natural colours and excellent contrast. (Whites are also purer than that /a 0,8" J of a passive colour screen.) rJ&+£< &*y It
      258 words

  • Page 18 Advertisements
    • 756 18 Nothing Beats A ButLUffinflll where to wine, dine or JOIN THE PUSHBS jpoj f ANDHAVEAMU Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at S3 a glass and $12 a jug are
      756 words
    • 246 18 ■KJi >) come. The delicious flavours brought to you by 3 Taiwan at the Chatterbox. «LaJ Lai Shaman {SZome celebrate National Day with us and reat yourself to the most fantastic array of ocal favourites from Singapore's Ihmatoum: chicken fungus soup, crabmeat fried rice, Oriental cold dish combination. Serangoon. chicken
      246 words
  • Page 18 Miscellaneous
    • 598 18 TELEVISION AND RADIO HT J 1 1 j 12.30 UK On* pie upbringing had not pre- I ranina j§^ —pushups wsh, Mm X 7JS f« Opening followed by Th. 10.30 S*l K> Mat (Con'l). BBC 99 9 mHz in VW trnt 9 p—. 1 T 1 n 111) ym ,0,5
      598 words

  • Page 19 Advertisements
    • 190 19 AND ENTERTAIN < t yfjuUiUtf Oral A The Chef's Special Savour the Chefs special four-course dinner featuring an appetiser, soup, main course and dessert in the classic ambience of the Hubertus Grill A different gourmet dinner menu is available each week. At $5.00+ per person anahoib. SINGAPORE For reservation* 16
      190 words
    • 133 19 RowtadPatfnqDuck 31ffl/921 Lot»t»S*d Ftwd Fn« fkd Fnh w/Soyi Ben Cnjmb H H• Mi fin w/C/eb Meal Stuffed Cutttofah Paste */Se*Stu H H Deep Flint Crapy Qacfcen Steamed fee wlLotus Leaf Prawns witti Dried CM Red-Bean Soup w/lotus Soedi H MAPLE LEAP 9ie-Chuan Restaurant WgJJ\ 390 Victoria Street #01-01/06 Golden Landmark
      133 words
    • 164 19 WE TRUST GUESTS WILL Fi H NEW ROOMS MORE COMFORTABLL ■I Wfe know you'll spot the two and Mischief Lounge plus restaurants I queen size beds in each newly offering exotic Japanese and Cantonese renovated room. (And if cuisines. Singapore's most there's space for two beds, exciting street, Orchard Road
      164 words

  • SPORTS
    • SIDE LINES
      • 59 20 LONG BEACH, California Russell Coutts of New Zealand displaced compatriot Chris Dickson as yachting's match racing world champion on Sunday when he defeated American Kevin Mahaney in the final. Coutts won the best-of-three final 2-0 after Mahaney, the lowest-ranked skipper in the competition, took costly
        59 words
      • 93 20 SAO PAULO Wayne Rainey took the early lead and ran away to a 13-second victory in the Brazilian Grand Pnx motorcycle race on Sunday, closing within two points of championship leader Michael Doohan and setting up a duel for the title in the season's final race.
        93 words
      • 62 20 ELKHART LAKE, Wisconsin Emerson Fittipaldi won an eight-lap sprint to the finish following a late-race caution period and won the Texaco-Havoline 200 on Sunday for his second straight IndyCar victory. Fittipaldi, who led most of the race, held off A 1 Unser Jr on the final
        62 words
      • 125 20 JOHANNESBURG South African sport is emerging from apartheid with black and white competing side by side but fans still deeply divided over the nation's identity. Only a nervous minute's silence in Cape Town on Saturday averted the possibility of the country's sport in general, and certainly the
        125 words
    • 320 20 AP MONTREAL Arantxa Sanchez Vicario fought off the memories of 10 consecutive losses to Monica Seles on Sunday, upsetting the world No 1 in the championship of the Matinee International Canadian Open tennis tournament. Sanchez, the second seed from Spain, turned in a dogged performance on
      AP  -  320 words
    • 169 20 AP INDIANAPOLIS Pete Sampras broke Jim Courier once in each set for a 6-4,6*4 victory and the US Hardcourt Championship on Supday, winning his third straight title. "This is the time of year where I really start playing well on hardcourt, which jis
      AP  -  169 words
    • 312 20 AP NEW HAVEN, Connecticut Stefan Edberg stopped Ivan Lendl's streak of finals appearances at two, keeping him off balance with superior net play in the Volvo International semi-finals on Sunday. Twice Edberg let Lendl break back immediately after being broken and he nearly did it
      AP  -  312 words
    • 597 20 The Economist NEW YORK A boxer who wants to win the world heavyweight title has to take on not one but two opponents. He has to beat the current champion, Evander Holyfield. But he also needs to beat George Benton, the champion's trainer. For Benton, known in
      The Economist  -  597 words
  • Page 20 Advertisements
    • 128 20 8 WAYS TO ENJOY OUR tk ANNIVERSARY BUSINESS PACKAGE Refresh your spirits with a welcome drink. Stay in the comfort of our wellappointed Deluxe Room. Wake up to a hearty buffet breakfast -on the H H MKpr house. Enjoy at your convenience a basket of H H i|§; v j
      128 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3807 21  -  By Quak Hiang Whai THE TOKYO market's strong gains yesterday failed to spark a rally in Singapore, where investors, anticipating more falls here, preferred to keep to the sidelines. Their caution stemmed from Wall Street's pltinge on Friday when the Dow Jones Industrial
      3,807 words
    • Article, Illustration
      77 21  -  Quak Hiang Whai THE nine-week and nine-month moving averages have cut the price lines from below, signalling that Amcol Holding's share price could be on the downtrend. However, immediate downside risk appears to be limited to $1.60, which provided a major resistance in two previous runups. Monthly RSI
      SOURCE: BRIDGE INFO  -  77 words
  • Page 21 Advertisements
    • 62 21 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 jM JW Centrepoint Tel. *****98/603 .Peninsula Plaza Tel *****09/*****63 jfcvmSSXL. f Palais Renaissance Tel. *****62/543 Raffles Tel *****41 JWL. Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel.
      62 words


  • 3171 23 MAS 364 +8 +2.2% Shell 450 4 +0.9% Sime Darby 50* 233 +4 +1.7% Tech Resources 54Vj +3fc +6.9% Amal Sleel 50» 138 +3 +2.2% UMW 278 +2 +0.7% MCB Hldgs 50* 77Vi +13% M Plantations 4IVi +Vi +1.2% Paramount Bd97 50 +1.0% Paramount TSR96
    3,171 words
  • Page 23 Advertisements
    • 82 23 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 lode at successful small firms and the people
      82 words

  • BT SHARE INFORMATION SERVICE
    • 184 24 Date Ymt 6rw»N«t M HrUm Cmi to praflt/toM (L) ptr tkan dMdmd COM) (CMrts) Malayawata Aug 17 Mar 92 M$50,782 ($50,395) 37 8(37 5) 15TE(75TE) Metalock Aug 12 Mar 92 $4,479(15.048) 18.7(21) 10(10) Pelangi BM Au| 10 Mar 92 MJ22.992($14,556) 11(9) 15(10) M Credit Aug 7 Mar 92
      184 words
    • 217 24 C»f—y Date Ymt Crap pre-tax Nat Mmtags firwi mm la prallt/laas (L) par atara tiMaai f«00) (carta) -,hs»s M Aug 21 Jon 92 M$4,109l($5,211l) Industries Aug 21 Jun 92 M919.655(S13.797) 7.3(3.7) »*'BMT Aug 20 Jun 92 S1.518(S1,348) 337.6(306.3) 140.9(150) 4 "Centrepomt Aug 20 Jun 92 $20.635($19.853) 5.3(5) 5.8(5.8)
      217 words
    • 468 24 CMfMQf Date Half-yMr Grnp prt-tu liUrin m to praM/tots (L) MM rtM) Guinness Aug 21 Jun 92 MSS0.452(S50.114) 18(16) Inffioiler Aug 21 Jun 92 8810(81,407) UM Corpn Aug 21 Jun 92 M825,053(811,610) 5(5) Leader U Aug 21 Jun 92 M843,871 (828,437) 5(—) lien Hoe Aug 21 Jun 92
      468 words
    • 756 24 CwTMt Ex Ma Date Trfai far Tatei far paynt tfate cteM payaMa tea yur last yaar Mn IHp 50c 6*(b) Am 26 Sep 7 Sep 24 6% 6% Am* 25c 10% Aug 21 Auc 27 Sep 10 10% 10% Mi He Ld 50c 2%(b) U 23 Am 6
      756 words
    • 418 24 hn 22 DBS Bank has set up a joint-venture brokerage house in Malaysia through its wholly-owned subsidiary, DBS Securities Malaysia. The bank has a 30 per cent stake in the venture Hwang-DBS (Malaysia) Sdn Bhd. Wembley Industries takings is negotiating for contracts worth M 5225 million to M
      418 words
    • 289 24 Company Rights Issue Mdwi Map* One-torsi MSI 50 per share Ei-date Au| 27 Books dose: Sap 10 Acceptance Payment PIYA IMS Onetor-one MS5 00 per share Ei-date Sep 7 Books dose: Sap 21 Acceptance I Payment NYA OUT One-tor SI SO per share. Ei-date Aug 19 Books dose
      289 words
    • 124 24 Kmura Seovibes Bhd: 10th AGM at Banquet Hal, Hotel Tasik (Seremban), In Tetamu, ***** Seremban, on Tuesday, August 25 at 10.30 am Malayan Craft Ltd: 30th AGM at Chang) I, Level 3, Concorde Hotel, 317 Outram Road, Singapore 0316, on Wednesday, August 26, at 12.00 noon L«ng Hup
      124 words
    • 302 24 la local cwt la SS la L'SS %4y%yr %tfy%yr tfy yr At 21 i«Jex dy due dy difc due ckgc World 374.5 2.0 -8.3 1.7 -8.4 IJ -7.7 tEAFE 430.2 3.1 -14.3 3.0 -13.6 3.0 -13.0 Europe 391.0 0.3 -4.9 0.0 -1.8 0.1 -1.1 Pacific
      302 words
  • 594 24 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  594 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5197 25 Bernama SHARE prices here closed easier yesterday on lack of follow-through from last week's gains. Dealers attributed the poor sentiment to mixed overseas leads and the continued absence of marketmoving factors locally. The KLSE Composite Index at spm fell 2.10 points from Friday's
      Bernama  -  5,197 words

  • CHINA STOCK EXCHANGES
    • 368 26 Reuter SHANGHAI 'A' shares continued their downward spiral yesterday while Shenzhen 'B' shares remained firmly stuck in the doldrums, Hongkong brokers said. News that Rubber Belt A shares and Tyre and Rubber B shares would start trading on Friday depressed sentiments and
      Reuter  -  368 words
  • JAKARTA STOCK EXCHANGE
    • 930 26 SHARE prices showed little change in dull trading yesterday, brokers said. The Official Index rose slightly by 0.86 points to 301.14. "It was very dull, even duller than in the past few days," one broker said. Food items manufacturers Suba Indah was the
      930 words
  • STOCK EXCHANGE OF THAILAND
    • 2146 26 Reuter INVESTORS sold speculative stocks which gained strongly last week and losses of the two largest capitalisation issues pushed the index lower yesterday, brokers said. The SET Index ended 4.37 points or 0.57 per cent lower to 756.83 on a turnover of 8.56 billion
      Reuter; Source: Bridge Info  -  2,146 words
  • Page 26 Advertisements
    • 134 26 [shinei YOUR KEY TO BETTERBUSINESSDEOSIONS! 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 on Teleview, which incidentally is the most advanced and company news. or Tony Chia S videotext system in the world.
      134 words

  • TOKYO STOCK EXCHANGE
    • 2609 27 Reuter STOCKS jumped for the fourth day in a row yesterday and the Nikkei Average surged 411.08 points or 2.53 per cent to 16,627.96. Shortcovering and light fresh buying prodded prices up, but profit-taking and caution about overshooting hit hard when the Nikkei
      Reuter  -  2,609 words
  • STOCK EXCHANGE OF HONGKONG
    • 2466 27 Reuter SHARE PRICES finished weaker yesterday as sentiment was hammered by gloom over an ongoing USChina trade dispute and fears that several blue chip firms may announce disappointing interim results, brokers said. The Hang Seng Index ended down 118.46 points, or 2.15 per cent,
      Reuter  -  2,466 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2070 28 Reuter SHAKfca closed significantly lower yesterday despite a four-day rally in Tokyo, with investors preferring instead to focus on weak US markets. "I was surprised at how weak the market was," David Perry of Austock Brokers said. "It shows you how fragile it
      Reuter; Source: Bridge Info  -  2,070 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks climb on positive news
      • 831 28 STOCKS closed higher yesterday in active trade aided by the announcement of long-anticipated market boosting measures and South Korea's signing of diplomatic ties with mainland China, brokers said. "Basically, lots of positive news came out yesterday," Blaring Securities' Nam Ki-yul said. The Finance Ministry said institutional investors would be
        831 words
      • 537 28 SHARE prices fell across the board yesterday in reaction to the decline in Wail Street and in the Hongkong market and the adverse investor reaction to the new board of the Philippine National Bank. The Manila Stock Exchange Composite Index slipped 19.41 points to close at 1,455.71. "The drop
        537 words
      • 200 28 SHARES ended only marginally lower yesterday on minimal turnover, despite a sharp decline on Wall Street on Friday. The NZSE-40 Capital Index ended 3.98 points down at 1,476.26 on turnover worth about NZ$ll.l million. "It was a flat, low-volume, Monday type of day," said one broker. New Zealand
        200 words
      • 465 28 STOCKS finished higher yesterday with buyers focusing their attention on small capitalisation stocks, brokers said. But they added investors remained cautious and substantial gains would require higher turnover. The Weighted Index finished 27.87 points up at 3,850.68. But turnover fell to a thin NT519.17 billion from NT523.4 billion during
        465 words
      • 169 28 INDIAN stocks rose yesterday on hopes for imminent convertibility of the rupee and traders said the Bombay Stock Exchange Index could break 3,100 points today. The Bombay index gained 18.18 points to close at 3,053.12 and the National Index rose 12.67 to 1,343.92 yesterday. The Delhi Index gained 9.37
        169 words
      • 47 28 CVM* PlniiM +tAag 24 NEW ZEALAND NZSE-40 Capital 1,476.26 1,490.24 -3.98 Composite Index 1,455.71 1,475.12 -19.41 Turnover (mil peaat) 215.1 294.7 -79i mm Weighted Price Index 3,850.68 3,822.81 +27.87 Turnover (NTS billioa) 19.17 23.4 -4.23 SEOUL Composite Stock Index 483.73 471.61 +12.12 Turnover (billion won) unav 125.5
        47 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1206 29 REPORTS THE US DOLLAR closed lower yesterday in Tokyo, but off lows, against the Deut&hemark and the yen on further speculative selling amid bearish sentiment [caused by the fact that the dollar hit a record low in New York on Friday
      1,206 words
    • 382 29 CrdSS rates **24 US$ SS MS Dm Yen SFr AS NZS ussl 1.6065 2.4920 1.4220 125.25 0.5084 1.2650 1.3937 1.8587 j. a. SS 0.6225 1.5512 0.8852 77.9645 0.3165 0.7874 0.8676 1.1570 L. MS 0.4013 0.64 0.5706 50.2608 0.2040 0.5076 0.5593 0.7459 L Dm 0.7032 1.1297 1.7525 88.08
      382 words
    • 528 29 Interbank rates SS BM Offer Overnight unav unav 1-month 2 3/16 2 5/16 2-moptfc 2 3/16 2 5/16 3-momh 2 1/4 2 3/8 Oversight mode: 2-1/2 USt'V BM Offer 7 da*' 3 3/8 3 1/2 1 month 3 3/8 3 1/2 2 m«miw 3 3/8 3 1/2 3
      528 words
    • 299 29 IHT LONDON A crisis is at hand for the battered British pound. Fourteen months after Britain steered its currency into the European Monetary System's exchange-rate mechanism, sterling is approaching the lowest levels allowable against the Deutschemark. Having lost ground against the mark all of last
      IHT  -  299 words
    • 1537 29 SIMEX nmmm Open High Low Sett Est Vot Act/Vol Op/Int Sep 92 96.60 9661 9659 2145 2574 ***** Dec 92 96.40 96.41 96.35 96.37 9245 ***** ***** Mar 93 96.35 96.38 96.29 96.31 7530 ***** ***** Jun 93 96.05 96.07 95.98 96.00 2140 4983 5797 Sep 93 95.69
      1,537 words
  • Page 29 Advertisements

  • COMMODITIES
    • 359 30 Reuter LONDON The gap between sugar production and demand will narrow in 1992/93, with only a small surplus added to the volume carried forward in a year's time, forecasts C Czarnikow Sugar in its first estimate of the 1992/93 balance. World sugar
      Reuter  -  359 words
    • 265 30 Reuter BOGOTA Brazilian and Colombian coffee officials have begun talks and are confident of taking a united producer position to the next round of negotiations on a new International Coffee Agreement. A Brazilian delegation led by Clodoaldo Hugueney, Brazil's chief negotiator
      Reuter  -  265 words
    • 729 30 REPORTS THE PRICE of tin rose four sen to close at M$ 16.80 per kg on the Kuala Lumpur Tin Market yesterday, prompted by smaller offerings and steadier close on the London Metal Exchange last Friday. Despite the slightly steadier performance,
      729 words
  • 1477 30 Rubber WS OmmmI Mgg (*rtrw d»lt If) KSS I C—tract (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 92 0.00 0.00 141.25 0 1,725 Oct 140.00 139.50 139.75 325 3,525 Nov 139.00 139.00 138.75 125 3,500 Dec 138.50 138.50 138.50 125 3,875 Jan/Mar 93 0.00 0.00
    1,477 words
  • Page 30 Advertisements
    • 255 30 ■Mi The Straits Times igr Weekly Overseas Edition. A crisp HMu summary of y happenings in investment I opportunities appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, whereever you may be. Subscribe now. And be in touch. The Straits Times Making an issue
      255 words

  • 1115 31 EU WIW ETO Cttj FHH ETA FlgM ETP AMiMhM GA893 1345 GA974 0006 KancM SQ4I7 0600 SQ418 1245 GA886 0010 PK772 1930 PH773 2235 GA962 0250 Kata UuMi SQ187 1350 SQ188 0630 MaMMa SQ228 2025 QF82 2205 MH631 1520 MH630 0950 MmMNmi KL837 1255 GA974 0005
    1,115 words
  • THE TRAVEL PAGE
    • 667 31  -  LETTER FROM SELLIN By Alexander Ferguson WARNING signs, fences and dog patrols are back again in former communist East Germany in what the tabloids are calling the "underpants war". They are there to shield prim west German tourists from exposed east German flesh. "They dumped tonnes
      667 words
    • 151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1463 1.1620 Canadian dollar 1.3364 1.363S NZ dollar 0.8350 0.8723 Sterling pound 3.1466 3.1892 US dollar 1.6030 1.6110 Local dollars to 100 aahs of fardga curcBcy Austrian schilling 13.83
      151 words
    • 41 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Sep* 12-29 International Turin, Italy Torino *****369 Sept 21-25 International Utrecht, Koninldijke *****55 91 Caravan A Caravan Eipotizionio Trade Show Netherlands Nederlandae Equipment Intensive Animal Jaarbeuri Exhibition Production
      41 words
  • Page 31 Advertisements
    • 38 31 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. Wa knew Europe {tan start to Finnish
      38 words
    • 6 31 Innovation Technology in BT every Tuesday
      6 words
    • 260 31 ynn^usmos Toll free Tel No: 737 0043 Fax No: 734 3608 IN THE MATTER OF THE COMPANIES ACT CAP.SO, AND M THE MATTER OF FELS SES INVEST PTE LTD, M VOLUNTARY LIQUIDATION, MEMBERS' WMDMG UP. At an Extraordnary Geo oral Mooting of tho members of FELS SES Invest Pte Lid
      260 words
    • 282 31 THE COMPANIES ACT, CAP SO OOH CHBOW THIONO HOUXNOS PTB LTD (la Hnbar Vofoatary Lsqaidatna) Al Aa Ei traordtaary Oaaaral Maetiaf of the Coapaay bald al 1 Colombo Coart, #0« n, Singapore 0617 oa 21M Aarusi 1992 the following Spec >al Reaolatnae vara paaaad 1. Thai the Coapaay be voaad-ap
      282 words
    • 298 31 THE COMPANIES ACT, CAP. SS JSCT AIOO PTE LTD (hll|MN At a mi JDTTACO PTB LTD My corawd md toid on to 19* d* at AafM. 1992 SPECIAL RESOLUTION Ihi Ccmjmf to w—d ap oiriZlr j fT."ao. cC 30m? 1* We. So* Tfa* to fpokmd to Liqudrtor sf to Ccnqvy
      298 words
    • 188 31 HEXA-BUILT BUILDERS PTE LTD (Incorporated In Ike Republic of Singapore) MEMBERS' VOLUNTARY WINDING UP NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that a Final General Meeting of the Company will be held on 28th September 1992 at 11.00 a.m. at 9 Battery Road *13-10, Straits Trading Building. Singapore 0104
      188 words
  • Page 31 Miscellaneous
    • 236 31 owners (5,4) 10 Mum loves messing about LJ— I«J—Li* 11 The fish is one brought in from abroad (7) and make more changes 17 The free time in general is —Pl—Pr-fl-fl 23 Give an example of how one batsman differs from 25 Now, lined up, are given a 26 Not
      236 words
    • 164 31 Singapore Outlook: Showers over many areas in the anrnteg. Report Maximum temperature 29.9 Assoc humidity 68% Minimum temperature 22.9 Assoc humidity 98% Hours of sunshine 1.80 Rainfall in mm 8.0 Rainfall this month 74.5 Rainy days this month 8 JJ ,i n, t wono report Asia-Pacific Hi/Lo* Cood. Auckland 13/06
      164 words
    • 15 31 '•'ftWlKai'iTg'' s SuJITcM TO PiUToropiTiC PIUOT. HCRe U>£ GO *G»N... BM6A camooatw Nw*nim.ra, iwa iw
      15 words

  • 469 32 Pact deepens isolation of North Korea Reuter BEIJING China and South Korea established diplomatic relations yesterday after four decades of hostility, breaking down one of Asia's last Cold War barriers. Chinese Foreign Minister Qian Qichen and his South Korean counterpart Lee Sang-ock signed
    Reuter  -  469 words
  • 213 32 Reuter LONDON European Community foreign ministers will visit South Africa on Sep 2-3 in a bid to encourage the resumption of peace talks there, the EC said in a statement yesterday. The foreign ministers of Portugal, Britain and Denmark the past, present
    Reuter  -  213 words
  • 392 32 Reuter WASHINGTON Arabs and Israelis resume Middle East peace talks yesterday hoping that last month's change of government in Israel will produce a breakthrough towards a just and lasting settlement. Israel's chief negotiator Elyakim Rubinstein said on arrival in Washington
    Reuter  -  392 words
  • 180 32 Reuter TAIPEI Taiwan will encourage its businessmen to boost trade and investment in Mcxico to take advantage of the North American Free Trade Agreement, a senior trade official said yesterday. The regional free trade pact announced by the US, Mexico and Canada this
    Reuter  -  180 words
  • 291 32 Reuter ABU DHABI The US aircraft carrier Independence headed up the Gulf on Sunday ready to help enforce the ban on Iraqi warp lanes flying over the marshland refuge of Shi'ite Moslems. In Kuwait, the US military said it would
    Reuter  -  291 words
  • 723 32  -  The Bottom Line PATRICK DANIEL PATRICK DANIEL The writer is BT's Editor This was adapted from a comment which appeared in the August issue of Singapore Business IF THE STUDY of economics could somehow be re-invented, its introductory textbooks could do with a clearer
    723 words
  • 333 32 Reuter, AFP, NYT MIAMI Hurricane Andrew slammed south Florida yesterday, tearing roofs off homes and causing damage that could make it the most destructive storm in the United States this century. The hurricane uprooted trees, ripped off roofs and toppled powerlines with winds that
    Reuter,; AFP,; NYT  -  333 words
  • 184 32 Reuter, AFP PHNOM PENH The Phnom Penh government yesterday proposed that Cambodia hold a presidential election to anoint Prince Norodom Sihanouk as head of state. "The successful election by the Cambodian parties and the Cambodian people of their national leader would constitute a big
    Reuter,; AFP  -  184 words
  • Page 32 Advertisements
    • 122 32 Singapore's most popular Nitsukof*3 I Key Telephone System V J -y^H E^^B?" xZJ^M '*2sBiß.^H Available Exclusively: SNGAfOK: Burberry* Main Shop: #8101/02 Palais Renaissance Shopping Arcade. 390 Orchard Road. Singapore 0923 Tel *****13 Burberry* Shop-In-Sbop: MALLETS DAIMARU SOGO AuboHicd Dealers: THE HOUR GLASS Centrepoint, Lucky Plaza, Scons. Peninsula, Palais Renaissance. Changi
      122 words
    • 26 32 The ball is now in Pyongyang's court, Pg 11 Focus, Pg 16: Chance for real progress; A question of who suffered what and how much more
      26 words
    • 15 32 SINGAPORE COMM Distributor of the most sought after Key Telephone System V Tel: 278 7088
      15 words

  • Shipping Times
    • 558 33  -  Demerit points for errant drivers will start on Oct 1 By Rahita Elias SINGAPORE The Port of Singapore Authority (PSA) is further boosting safety in port waters by implementing a new penalty system on drivers of pleasure and harbour craft, similar to
      558 words
    • 428 33 BANGKOK The ambiguous bidding terms of reference (TOR) for the privatisation of national carrier Thai Maritime Navigation Co (TMN) have created doubts for the shipping industry in Thailand and abroad. According to The Nation, the bidding conditions were only made known when
      428 words
    • 324 33 UPI TOKYO A Japanese-reg-istered cargo ship departed on Monday for France to bring back one ton of highly toxic plutonium in a controversial round-the-world voyage that has ignited protests from environmentalists and concerned countries along the route. "Stop plutonium now," read a banner hoisted by
      UPI  -  324 words
    • 890 33 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo
      890 words
    • 302 33  -  By Juliette Walker SINGAPORE Singapore will now be able to locate distressed aircraft or ships within a few hours using a new $3.1 million SatelliteAided Search and Rescue System. The long-awaited system will help authorities home-in on distress signals transmitted
      Source: CM Aviation Authority on Singapore  -  302 words
    • LOG BOOK
      • 87 34 HONGKONG A fire broke out on Friday in an engine of a Chinese jetliner carrying 280 passengers as it was about to take off from Hongkong's airport for Beijing, airport officials said. No passengers were hurt. The officials said the small fire was
        87 words
      • 110 34 ABERDEEN, Scotland Twenty-two crew members of a cargo vessel were winched to safety by two rescue helicopters on Saturday night after their ship ran aground off the Scottish coast in heavy seas, the coast guard said on Sunday. The 2,800-ton Sea Reefer sent out
        110 words
      • 72 34 JAKARTA Bandung-based aircraft manufacturer Industri Pesawat Terbang Nusantara (IPTN) plans a maiden flight for its 60-seater N-250 in 1995, press reports said here on Saturday. The Media Indonesia daily quoted Research and Technology Minister Bacharudin Habibie, who heads the plant, as saying that after
        72 words
      • 127 34 JAKARTA The body of a Filipino man who was reported missing during a ship accident that claimed five lives was found floating near Tanjung Perak harbour in Surabaya, the Antara news agency said here on Sunday. He was one of six Filipino crew members of
        127 words
      • 117 34 LA PAZ Twelve people died when a cargo plane crashed into a mountain not far from the Bolivian capital, civil aviation authorities said on Sunday. The plane had left the Amazon town of Santa Ana del Yacuma on Saturday with nine passengers, three crew
        117 words
    • 1177 34  -  Last week, Sir Freddie Laker, the man whose Skytrain venture shook the aviation industry to its roots more than a decade ago, was in London to implant the idea that his days as a trans-Atlantic operator may not yet be over. David Mott was among those invited
      Lloyd's List  -  1,177 words
    • 332 34 THE DRY cargo freight market was sluggish on Friday with most freights hovering around the last-done mark, brokers reported. US Gulf/Japan was fixed at static levels of US$l9 and U5519.25 with one combo. Both fixtures were for late September. The BFI was unchanged at 1,081, showing minor realignments
      332 words
    • 7921 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      7,921 words
    • 3286 47 Containerline NV: Bclsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd(Pk/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel I Jner Senice: kim Shpg Trdg (S). Albums Sea-Air Sen ice: Frata Shpg Pte Ltd (S).
      3,286 words
    • 261 47 Abacus C ouriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. Citv-I.ink International Tel: 344-3377. Fax: *****50. Cluster l.ink Supplies Senices
      261 words
    • 1482 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,482 words
    • 3555 48 ALBANIA Durres: Five vessels operating in port of which 1 discharging flour. 2 discharging wheat. 1 discharging beer, 1 loading melons. ARGENTINA Labour working normally. Buenos Aires: Some congestion still waiting for general cargo berths will have approximately 2 days delay berths San Four vessels loading by-products; 2
      3,555 words
    • 553 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      553 words
    • 252 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Pep Name of Vessel ETA L I U Ports of Calls Port Agent Telephone No AUGUST 25 25 Fantasy World 0900 1800 Sin-Jakarta Sembawang Johnson Mgt 227-8284 26 26 Royal Pacific 1300 1930 Port Klang Ocean Trade Chartering 299-0366 28 28 Royal Pacific 1300
      252 words
    • 708 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Continental Reliance: 65,224 dwt and built June 1983 Hyundai, on best outright offers. Aegean Dolphin: 64,583 dwt and built July 1983 IHI; inspectable Chiba promptly, on offer in the region of USsl6m. Apollo Ace: 25,525 dwt and built May 1985 Imabari,
      708 words
    • SHIPS IN PORT
      • 634 49 V«smI fey No Bwtti Arrival Departwe toll fey Wo Bwth Arrwal Departit Marina Terminal 1 Semtoawang Terminal Batam Baru B173 M03 atoi*srfe 24.08/2300 S 01 alongside 2608/0830 Batam Maiu *****2 M04 alongside 2508/0500 Cleveland *****2 S07 alongside 20 09/0730 Batam Murm *****2 M05 alongside 25 08/2300 W
        634 words
      • 128 49 jonor« ron Berth: 1: Johan; 2: Ptwong Hong; 3: Yan An Wu Hao; 4: Anglo Orion; 5: Birkness; 6: Kota Machan. 01 jetty: Stott Spray. DC* ml. Duo on Aug 24: New Avante, Ribuan Jaya, Petego Iso, Ping Jiang, Singapore Bridge, Aries. Due on Aug 25: Shwkaze,
        128 words
      • 1282 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Contanen iviftaUe 9j> Voy Wa Cantaiwrc gwMfc PerareUar B 0581 23.0892 0700 Thuermgen EM226 COO(EST) 2408.92 1500 0c Bless** 125WA 23.08.92 0703 Sea Gkxy SGY33N COO(EST) 24.08.92 1500 Aka Bhum 86A 23 0892 0905 Han Bhum 61S COO(EST)
        1,282 words
    • 756 50 Sept 6-18: Seatradc Academy's Anatomy of Shipping, organised by'Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Techniqal Services at tel: 732-1970 or fa*:
      756 words
    • 347 52 Vehicles will be used to transport NAM delegates JAKARTA The Ministry of Transportation has spent 42.5 billion rupiah (5542.5 million) on new buses and train carriages for the NonAligned Movement (NAM) Summit, says minister Azwar Anas. "The new buses and trains will
      347 words
    • 167 52 Bernama PANTAI REMIS Telekom Malaysia is working on a programme to ensure that 30 per cent of the country's rural areas have telecommunication infrastructure facilities by the end of next year. Energy, Telecommunications and Post Minister Datuk S Samy Vellu said the programme was
      Bernama  -  167 words
    • 232 52 NYT NEW YORK Negotiations to reorganise Trans World Airlines continued on Sunday, as the airline's pilots studied a response from TWA's creditors to a proposal submitted by their union on Saturday. A spokesman Cor the TWA branch of the Air Line Pilots Association said that
      NYT  -  232 words
    • 337 52 AFP NEW DELHI Calcutta's administration has decided to phase out the city's 119-year-old slow-moving tram system in what the Press Trust of India (PTI) on Sunday described as "slow euthanasia". The Calcutta Tramways Company (CTQ, which runs 225 of the lumbering relics
      AFP  -  337 words
    • 483 52 Reuter HONGKONG Hongkong's Cathay Pacific Airways will show stronger profits this year but it still has not recovered completely because of cut throat price wars and an economic recession, analysts said. They expect the airline to announce a 1992 interim net profit of
      Reuter  -  483 words
    • 666 52 America West survives by cutting back its staff, planes and founder NYT PHOENIX, Arizona In the logo of America West Airlines, the stylised initials suggest a lovely burgundy sun flying over mountain peaks. But for the present at least, a more appropriate symbol might be the creosote bush, a desert
      NYT  -  666 words
  • Page 33 Advertisements

  • Page 34 Advertisements
    • 92 34 It could be a controversial deal between two stock J market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
      92 words

  • Page 35 Advertisements
    • 2776 35 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 HUIUw BOOKINGS TEL: *****34 *****58 ■lIWIW TERMINAL/CFS TEL: *****18 220 P DQQQfI H PESAKA JARDINE SHIPPING AGENCIEB SDN. BHD. L VftAf J PORT KELANG TEL: *****18 FAX: *****91 *****88 i .—7Z —T— PENANG TEL: *****4 FAX *****1 CFS
      2,776 words
    • 1117 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT g t==s flfin/^ij ik I If mm A I I V IVSI/VOY ~SX WYC BAL OKf S*V| At Sil7 ?1/M 24 W M/to 77/81 M/W I wsi.l tt/H M/ll 17/11 «/M M/ll ,UMW
      1,117 words
    • 1496 35 ■nimaina THREE SAILINGS TO HONG KONG LUNA MAERSK V.9210 ETA SIN 31/8/92 MARGRETHE MAERSK V.9208 ETA SIN 1/9/92 LOUIS MAERSK V.9209 ETA SIN 3/9/92 Vessel Voy ETA ETO Feeder by DESTINATIONS Leerort/Arte* This week MagteCy Maersk 9208 tI!gaWTIW!WTC¥aWT^IWBWBITIIIWPH I 27/8 0300 HR& CPS 26/8 1900 MRS JOM LPK PEN O
      1,496 words

  • Page 36 Advertisements
    • 1382 36 TpFoamT] [mim VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE HUmAU KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 1. Mi WCSTBOW® KAGA 25/334 30/8 16/9 18/9 21/9 22/9 K»T UMNS ft TOKK) EXPRESS 07/135 3/9 12/9 26/9 22/9 21/9 CARGO TO UK/CONTMDIT LEVERKUSEN EXPRESS 08/335 6/9
      1,382 words
    • 422 36 ocwrans] AGENCIES (FAR EAST) LTD NOUAKCHOTT-B AN JUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE NEPTUNE 28/08 VILLE DE TIT ANA 04/09 ORIENTAL KNIGHT 12/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel spore wa loaoqog for TBN 00/09 09/09 DtCT SERVICE COtOMBO MAX
      422 words
    • 1519 36 UN regular independent full container service VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FEL LMA f CHWA SEA 226W 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/99 30/09 NO6ASIA AL MUNTAZAH 9227-3 07/09 29/09 30/09 02/10 03/10 04/10 05/10 06/10 07/10 I NORASIA SAMANTHA 9228-3 14/09 07/10 08/10 11/10
      1,519 words

  • Page 37 Advertisements
    • 2189 37 B STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 C C 2™ SAtS SPOftE B'NOK STUAITS SI/W Vl2t Muaii. Lab. KK 24-25 *u| 26 Auf 26 Au( MARION V 019S/020K 30-31 MJG 02-03 S£f KRIS kCRUM VO6l Mu«u. lab. KK 26
      2,189 words
    • 2630 37 m SINGAPORE AGENT: P4O Containers (Singapore Agencies) Pte Ltd X ULV/ Vjlll II dlllCi a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL *0* pPNO "PKQ SM ALG SOU ANT ROT
      2,630 words

  • Page 38 Advertisements
    • 639 38 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STORE ROAM ADAM H'BURG BREME/4 ANTWERP SSIWUA VA, 3SMB 17/J 20/10 2C/10 30/10 4/11 KUTAI26WB 6/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct lo Inducement Alto accepting cargo to Caeablanca, Port Said, Port Alexandria, Genoa, Trieste.
      639 words
    • 1585 38 HANJIN SHIPPING FOB Wl 5 LM HAUL 1(8 OM FDR VSI 9N IIM HAUL SAV IN RTC HANJIN HAMBURG 01 IE JO 8 URECT 70/9 23 9 HANJM KUNSAN 078E 318 M EUROPE 0031 8/10 9/10 11/10 HANJIN ELIZABETH 005E 6 9 OMCT 2/ 9 30 9 FISHGUARD BAT 210N
      1,585 words
    • 1214 38 f iH-H r RT f K I I ami K W I?. Mt PUS Ml OS* NCT *tu TTO LAI CMS BAL NTC LM ANN ROM TIT lOC fSC CM NL W I I »rt mi *V! H'l i' 2 ~7 1/1 U/» U/9 14/9 25/9 7/10 9/10 10'10 20
      1,214 words

  • Page 39 Advertisements
    • 1425 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 mm mm FAR EAST SERVICE *****00 IMPORT CFS -F9 *****69/*****96 hmC uk/europe service htoll-free) export cfs -F9 :*****53/*****50 aust/india/pak service r NEPLINE SDN BHD MALAYSIA NEPTUNELINK
      1,425 words
    • 544 39 YOUR KIMBLE FREIGHT FORWARDER n Mmm customer service: smstit fax: 2227 m \MAM UNE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 31/08 Kaohsiung ETD 29/08 Pt Kelang ETD 29/08 Busan/Hong Kong ETD 31/08 Bangkok ETD 02/09 Japan ETD 30/08 Jakarta ETD 30/08 Madras ETD 30/08 Manila ETD 28/08 Colombo ETD
      544 words
    • 1090 39 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUP—OCCHMQNC NESTBOHO-lOMN6 TRANSHWtD ft HOTTEKDAM ww I—J> dot law
      1,090 words

  • Page 40 Advertisements
    • 1542 40 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CH *0: **********0*) I W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I mm M Malaysia: "K" line maritime (Malaysia) sdn bhd JL HL JL X Mm* TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana
      1,542 words
    • 1161 40 PHIU-OMCNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 BY AIR, LAND OR SEA.... m we on the world for you MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATIQf^^_^^ 28 AUG SYDNEY. MELBOURNE, BRISBANE. FREMANTLE A o, C o 26 AUG AUCKLAND. WELLINGTON.
      1,161 words

  • Page 41 Advertisements
    • 1930 41 SgSgPIl PACIFIC INTERNATIONAL LINES (PTE) LTD B 0 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I IWKttQK I «»SEL VOY SM JKT SIN KSR33N 28/8 20/0 EQUATOR HAWK 58N JO/I 2/0 5/0 eSTEBRUQOE 24N 28/9 1/f t/t KOTA MOAH 351 30/8
      1,930 words
    • 864 41 express container service to UK-north com inent-scanpinavia WEEKLY p P GUOANG PENANG PKELANG OCEAN VSL/VOY SIN SOU(I) RTM (2) HAM (3) GOT (4) *21/5 21/8 22/8 JUTLANOtA 2332 25/ i 11/9 13/9 14/9 16/9 E IsTi 28/8 29/8 SELANOIA 2342 1/9 18/9 20/9 21/9 23/9 D 4/9 4/9 5/9 BENALOER
      864 words
    • 228 41 NIGERIAN NATIONAL SHIPPING LINE fftiPL NIGERIA EXPRESS SERVICE RIVER MAJE VJO SINGAPORE 28 Sop ETA Lagos 20 Oct Port Harcourt 26 Oct Cslsbsi 90 Oct ACCEPTING B/BULK AMD CONTAINERS °BSA° TRANSPORTATION M MYANMA WBmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.Klj Pen PGdf MA *116*
      228 words



  • Page 44 Advertisements
    • 2686 44 OCS Full Container Liner Services Mildysid's Agents: Indonesia's Agents: Bonom Agents: Booking Agents. Buen Guan Shaping Sdn Bhd Chung Chloo Stopping Sdn Hid P.T. Ooktl Pott Horn* Berth* Cost* Shipping Pte Ltd cmm s+ «m 58 Persiaran Raja Muda Musa 29-A Jalan Kovil HMr Jl IR H Juanda HI/14 2
      2,686 words
    • 245 44 SAMUDBU MNMESU (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Wiwgnof 0106 Tatax: R*****0 Tel: 222*2*1-3 Fit 22S 4839. 227*136 FOR SOOKMQS CALL MRECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 974 26/06 (WED) 29/06 (SAT) DERAJAT 996 26AM (WED) 29/06 (SAT) MERKUR DELTA 937 IN
      245 words

  • Page 45 Advertisements
    • 682 45 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/8 ROTTERDAM 26/8 HAIFA/ASHDOO/ALEXANDRIA 26/8 HAMBURG/BREMEN 26/8 MARSEILLE/FRANCE 26/8 FELIXSTOWE/UK 26/8 BARCELONA/SPAIN 26/8 LEHAVRE/ANTWERP 26/8 GENOA/ITALY 26/8 GOTHENBURG/SCANDINAVIA 26/8 LOS ANGELES/WC/IPI 26/8 SYDNEY/MELBOURNE 4/9 NEW YORK/EC 26/8 FREMANTLE/ADELAIDE 27/8 VANCOUVER 26/8 BRISBANE
      682 words
    • 805 45 133 RICHFIELD MARINE AGENCIES (S) PTE LTD £1 TEL: *****33 (12 Lines) =l FAX: *****15/*****03 |FH| TELEX: RS ***** RISHIP (3 Line*) \®L) ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA I LOADING fOfl SPORE ABYOT 2WB 04/09 OARESSAIAAM. MOMBASA OfIBOUTI ASSAB MASSAWA ANOtMET
      805 words
    • 770 45 JAKARTA BANGKOK wa w m ki \ntrn. [wr vmmm tmrnm l| mm BHUM 155$ nm 29/01 VWA BHUM 19W Iu» 25/01 fri 21/04 BEHiA BHUM 41S 29/04 01/09 MAHA BHUM# 121N Mon 24/04 Tlw 27/01 WANA BHUM 154S 02/09 05/09 IAHU BHUM 39N fri 24/01 Mwi 31/04 BEHIA BHUM 42S
      770 words

  • Page 46 Advertisements
    • 1563 46 HHNlmac-nels groupage I IV/V jPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w N P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 26/8 27/8 28/8 Hong Kong Ldn/Fh/Rdm/Ant 28/8 29/8 30/8 30/8 31/8 1/9 Hong Kong Gborg/C'hagen/Shokn/thlo 30/8
      1,563 words
    • 302 46 AG* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SJN AKL LVT SJH AUST STAR 0526 2S/8 7/S 9/9 26/9 PROSPECT 20S 6/9 11/9 20/9 6/10 N2 STAR 0528 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.
      302 words
    • 1138 46 (THONG SOON UNES PTE. LTD.) 77 ROBMSON ROAD #15-00, #16-00 SIA BUIWNG SINGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I MIMWTIWAL/MIffAWIR I COHTAWCT WWCM H SINGAPORE TO SARAWAK BINOAPOBE TO WEST MALAYSIA VESSEL TVQT IS POIE IPEST VESSEL VBT
      1,138 words


  • Page 48 Advertisements
    • 137 48 UP. LIVING II EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      137 words

  • Page 49 Advertisements
    • 116 49 Scalpel...scissors...sutures.- Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. In the same way a surgeon needs his tools to
      116 words
  • Page 49 Miscellaneous
    • 453 49 TIDES AND WEATHER I TODAY'S TIDES (luiflt in metres) HOUH 0000 01M 0200 0300 0400 0500 MOO 0700 MOO 0900 1000 UMI2OO MM *****5001M017M1M0 1900 20M 21M 22M 23M ft 1.3 1.0 0.7 0.6 06 08 1.1 1.5 1.8 2.0 2.0 19 1.7 1.4 12 11 1.3 16 1.9 2.4
      453 words

  • Page 50 Advertisements
    • 679 50 1 LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
      679 words
    • 537 50 cosco UKC CONVENTIONAL fflgg VESSEL PKL PNG P.G LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: TRANS ASEAN 15/08 20/08 Husngpu/Guangzhou COSCO FULL CONTAINER SERVICE* (FCL/FCL) EXPORT TO. CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
      537 words
    • 559 50 800 Australia New Zealand Weekly LCL Consolidation tow CARGOFLO Singapore-Australia f V-——— Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand v I l Auckland Wellington Lyttleton 1 n V JfJ New Plymouth Napier Chrlstchurrh 1 J Jtrj fsglßeflgl is Tel: *****88 >*4/ mMm Fax: *****83 X MSKH DISTRIPARK PTE LTD 77
      559 words

  • Page 51 Advertisements
    • 695 51 A HYUNDAI MERCHAWT IVIARIWE CO. LTD. ASIA/EUROPE EXPRESS (AEX) CONTAINER SERVICE MAIDEN VOYAGE HYUNDAI EXPLORER V3OIW CALLING SINGAPORE 30 AUG 92 ETA/ROTTERDAM 18 SEP 92 ETA/HAMBURG 19 SEP 92 ETA/FELIXSTOWE 22 SEP 92 HI: FAX TIX TEL: FAX TLX KUALA LUMPUR 03-*****00 03-******2 MA ***** PASR GUOANG 07-*****1 07 *****5
      695 words
    • 467 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rtssu kit w n IK u AAEMA 17 SID n MM KIM 14 21/1 SMtJU IS I/I SHMA I I TIMS ATI 4) l/l 1/1 U/| casac mastu u ii/i u/i caurw TitHi 21 n/i is i COSIIC CNALLLKEI
      467 words
    • 912 51 our usa SERVICE CALLS L*T*" I*" l m I"*** l !*»> iu |o« Tm lot io«/ i«« i«w~l SINGAPORE w» ca DIRECT EVERY ,m nm ituu nun hvw ii/w k m u/n uIT n/w iiJS wii u/enKiccn AV M. MBBMI 7 ram bai/w I>7w nTiT nJn ?vw nm "CUNEBUAT amm,m
      912 words
    • 125 51 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SMGAPOftE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 V accepts ran OF CARGO STOW DESTMTXMS MERCURY PEARt VICE 24-25 Auf 25-26 Auf Muari. Ltfaun BMTANG BEL/UT VISE 27-21 Auf 29-30 Au| BMriu. Mri. NMat MERCURY iAOE VISE 28-29 Aut 30-31 Auf
      125 words

  • Page 52 Advertisements
    • 128 52 INVESTMENT Every Saturday in Business Times A "1 fc v -%£*<■ f p' I Hpjt :>,v< y -vV,,..';:: > vr- ~>-r 'v i -v- >v lv 1 v. v ■*>, i lk£> '-v -x' -r* 's s .j L K ■L i rapIIMMMHS^aggaraMMKMMIHHHSMSraaBMBKam^ p|&|p|lltg||ilil£spj^ sjE{»gjp«B|Ba|BßjM|BlßKfiaißBM^ SOME OF OUR TOP TALENTS
      128 words
    • 62 52 Every Saturday i Business Times NOTICE M.V. ESTE FRESCO VOY.I ARRD 14TH AUGUST 1992 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held oo the ttlii Auguri IM2 0900-1200 hours at PTIO. No further survey will be entertained thereafter. As
      62 words