The Business Times, 28 August 1992

Microfilm: NL18500
Total Pages: 56
1 56 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 Friday, August 28, 1992 75*
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  • NEWS SUMMARY
    • Article
      First-time jobless claims in US down sharply
      81 1 WASHINGTON First-time applications for unemployment benefits fell by 92,000 in the second week of August to a total of 382,000, the sharpest fall in 25 years, the Labour Department said yesterday. New unemployment claims had totalled 474,000 in the first week of August.
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    • Article
      Japanese firms' capital investment will decline
      66 1 TOKYO Capital investment by Japanese companies will decline in fiscal 1992 for the first time in 27 years due to sluggish demand and worsening profits, a survey released yesterday by the Long-Term Credit Bank of Japan said. The survey of 1,524 companies showed that
      66 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      30 1 WALL STREET opened higher yesterday with the Dow Jones index of 30 leading industrials posting a 12.41 point gain to 3,259.22 in the first five minutes of trading.
      30 words
    • Article
      Footsie higher
      30 1 SHARE prices were higher on the London Stock Exchange at midday yesterday. At 1115 GMT, the broad-based Financial Times-Stock Exchange 100-share index was up 30.3 points at 2315.3.
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 658.42 -5.03 Kuala Lumpur 567.56 8.05 Tokyo 17,555.00 +1,013.35 Hongkong 5,460.72 -18.09 Sydney 1,543.3 +8.9 Wednesday Change New York 3,246.81 +14.59 London 2,285.02 +4.0
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.6000 100 Yen SS 1.2800 MS SS 0.6418 Money market rates Overnight 1-5/8% unch 3-month 2-1/4 unch
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    • Article
      COMMODITIES
      36 1 London GoM AM fix USS338.75 -US$1.60 Rubber S*pore Sep 140.00*/kg -0.25 M'sia Sep 217.00«/kg -1.00 KL Tin Turnover 41 tonnes 5 Spot M$16.71/kg -0.08 Crude palm oil Turnover 835 lots -279 Oct MS844 /tonne -5
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  • Article, Illustration
    Lock icon Orchard Road shop rents set to fall next year
    531 1  -  Good news for retailers, but landlords face a tough year By Kooi Cho Teng SINGAPORE Landlords of Orchard Road shopping centres are in for a tough time next year. Rents are expected to fall to almost half their peak values four
    Source: URA & Richard Ellis  -  531 words
  • Article
    NUS team lowers growth forecast to 4.7pc
    411 1  -  Forecast is lowest full-year projection so far By Anna Teo SINGAPORE The economy will grow by only 4.7 per cent this year, a National University of Singapore team has projected, a sharp downward revision from its February forecast of 5.6 per cent. The
    411 words
  • Article, Illustration
    Keppel stands good chance of landing Subic yard deal: mayor
    283 1  -  By Rahita Elias SINGAPORE Local conglomerate Keppel Corp stands a good chance of clinching the contract to develop and operate a shipyard in Subic Bay, said Olongapo city mayor Richard Gordon. The mayor who is in Singapore at the invitation
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  • Article
    Four S'pore stockbroking houses beat a path to China
    350 1  -  By Shoeb Kagda SINGAPORE Four of Singapore's most aggressive stockbroking houses are beating a path to China, and two of them have already sought permission to trade in the Chinese stock markets. GK Goh Stockbrokers and Kim Eng Securities told BT
    350 words
  • Article
    IMF: Malaysia needs more fiscal discipline to keep economy on track
    425 1  -  From Leslie Lopez in KUALA LUMPUR INSTEAD of depending only on monetary tools to combat the side-effects of high growth, Malaysia must show greater fiscal discipline to keep its economy on track, the International Monetary Fund (IMF) says. According
    425 words
  • Article
    Nikkei soars 1,013 points
    152 1 SINGAPORE Japanese stocks skyrocketed yesterday with the Nikkei average climbing a massive 1,013.35 points or 6.1 per cent to 17,555, one of the biggest single day rises in the market's history. Brokers said the economic pump-priming measures to be announced by the Japanese government today were
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      317 1 r[SEAN'S N ll I COMPUTER PRINTER I RIBBON MANUFACTURER Another scenario VISITING economist Alwyn Young, whose criticism of Singapore's productivity record has been creating waves here and abroad, yesterday offered something different an "extraordinarily optimistic" scenario which he says follows from his Findings Page 2 Way ahead for Thais STEPPING
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      63 1 SBS earnings fall SINGAPORE Bus Service (SBS) surprised the market yesterday with a 17.8 per cent drop in group interim earnings to $27.9 million. The setback was attributed to sharply higher operating expenses Page 3 CSH profits up COLD STORAGE Holdings Ltd chalked up an 18.1 per cent growth in
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      10 1 S'pore firms urged to invest in Subic Bay, Pg 2
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      130 1 Hock Lock Siew: What the new Malayan Credit team must do, Pg3 Japan's kingmaker Kanemaru quits, Back Pg DISCOVER A NEW *mm XSBtlr TOP-OF-THE WORLD FEELING FROM IST H SEPTEMBER 1992. Bj Prima Tower Revolving Restaurant will reopen on the Ist of September after more HE than a month of
      130 words
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      Page 1 Advertisements Column 5
      21 1 Chesterton international^^^^^^^VH International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 KL urged to review investment incentives, Pg 2
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  • PAGE 2 NEWS
    • Article, Illustration
      MIT don's view on S'pore productivity sparks debate
      522 2  -  By Kenneth James SINGAPORE Visiting economist Alwyn Young, whose criticism of Singapore's productivity record has been creating waves here and abroad, yesterday offered something different an "extraordinarily optimistic" scenario which he says follows from his findings. Dr Young, an assistant professor at
      522 words
    • Article
      S'pore firms urged to invest in Subic Bay
      287 2  -  By SN Vasuki SINGAPORE Foreign companies keen on investing in the Philippines should focus on converting the huge Subic Bay naval base into shipbuilding facilities, Philippine Foreign Secretary Roberto Romulo urged yesterday. Mr Romulo noted that the current government of Fidel Ramos
      287 words
    • Article
      Lock icon Japan's rescue plan too late to boost growth this year
      382 2 IHT TOKYO Japan's largest- ever financial rescue package, to be announced today, will be too late to have much impact on economic growth this year or to prevent Tokyo's volatile stock market from plumbing new depths, economists said yesterday. The
      IHT  -  382 words
    • Article, Illustration
      S'poreans may get to buy land to build own homes
      355 2  -  By Colin Tan SINGAPORE Within the next three years. Singaporeans may be allowed to buy individual plots of land to build homes of their own designs if a plan now in the pipeline is pushed through. Outgoing National Development Minister
      355 words
    • Article
      HDB offers 11 sites for tender
      309 2 SINGAPORE The latest offering of land sites by the Housing and Development Board (HDB) may not generate the same level of excitement as those offered in the regional centre but they are milestones in their own way. The 11 sites include the first seven
      309 words
    • Article
      KL urged to review investment incentives
      257 2  -  IMF Report on Malaysia From Leslie Lopez in KUALA LUMPUR THE International Monetary Fund (IMF) has urged Malaysia to review its attractive investment promotion incentives, such as tax holidays and export abatements, which were introduced in 1986 to attract foreign manufacturing investments. Citing World
      257 words
    • Article
      How family firms can survive
      256 2  -  Enterprise 92 conference By Helen Chang SINGAPORE Family businesses can get around succession problems by incorporating, issuing shares and setting up a board with rights to oust an incompetent son or retain a capable one. "You have to make a distinction between ownership and management,"
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    • SINGAPORE ROUNDUP
      • Article
        BG Yeo to visit China, Japan
        101 2 MINISTER for Information and the Arts George Yeo leaves today for an eight-day visit to China at the joint invitation of Ai Zhisheng, the Chinese Minister for Radio, Film and Television, and the Chinese Ministry of Culture. The purpose of BG Yeo's China visit
        101 words
      • Article
        S'pore-Kyrgyzstan ties
        25 2 SINGAPORE and the Repubic of Kyrgyzstan have established diplomatic relations to strengthen and develop friendly ties, the Ministry of Foreign Affairs announced yesterday.
        25 words
      • Article
        Raise professionalism: Mah
        111 2 PROFESSIONAL associations should strive to increase the* level of professionalism among their members, with emphasis on training, said Communications Minister Mah Bow Tan last night. He was speaking at a dinner of the Chartered Institute of Transport (CIT), which was held in conjunction with the promotion of
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      Page 2 Advertisements Column 1
      108 2 DICKENS LOUNGE (PARKWAY PARADE) CORALAND SHELL (BOAT QUAY) TAKE 5 (BUGIS > UPU L<lfl When the > 7 L|jl |flr>l[| finer 31G LIFE ARE WITHIN YOUR GRASP, O iL-J IT'S ONLY NATURAL TO REACH z <mJ for a Glenfiddich. And fjw ill now whgn y u reach f r -Wm
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  • COMPANY NEWS 1
    • Article
      17.5pc fall in SBS group profits surprises analysts
      363 3  -  By Dexter Lee SINGAPORE Singapore Bus Service (SBS) surprised the market yesterday with a 17.5 per cent drop in the group's interim net earnings to $27.9 million despite a slight rise in revenue. The company attributed this to sharply higher operating costs.
      363 words
    • Article
      EML expects to net $1.2m in first year of operations
      345 3  -  By William Chia SINGAPORE Electro Magnetics (1992) Ltd, which is planning to acquire all the assets and operations of troubled video cassette maker Electro Magnetic (S) Ltd, has forecast net earnings of 1.18 million in its first year of operations.
      345 words
    • Article
      Prima's earnings dragged down by lower interest income
      316 3 SINGAPORE Flour miller Prima Ltd, which depends on interest income foi a substantial part of its profit, said the group's interim net earnings were dragged down because of lower interest rates. Releasing its unaudited interim results yesterday, the company said group net
      316 words
    • Article
      Liang Court interim results up 57pc
      229 3 SINGAPORE Liang Court Holdings Ltd said the group's interim net earnings jumped 57.4 per cent to $3.06 million, helped by a higher turnover and lower interest expenses. Turnover for the six months ended in June rose 9.3 per cent to $12.78 million, while interest
      229 words
    • Article
      New M Credit team must act fast
      784 3  -  THE HOCK LOCK SIEW COLUMN Shareholders need to be convinced of CCL's takeover promises By Sylvia Wong SINGAPORE Three months after its ownership passed into the hands of Cycle Carriage Ltd (CCL), Malayan Credit Ltd's new directors hinted that bi£ things might be
      784 words
    • Article
      Cold Storage chalks up 18pc rise in earnings
      473 3  -  By Sylvia Wong SINGAPORE Cold Storage Holdings Ltd's local businesses helped the group improve its earnings for the year ended June 30. The supermarket operator chalked up an 18.1 per cent growth in full-year net earnings to $19.95 million after flat interim
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    • COMPANY BRIEFS
      • Article
        Yeo Hiap Seng (M) net earnings up 7.4pc
        73 3 SINGAPORE Yeo Hiap Seng (Malaysia) Bhd's net earnings for the six months ended June 30 grew 7.4 per cent to M 57.78 million (Sss million) despite a 17.9 per cent rise in turnover to M 5163.19 million. The directors of the group,
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      • Article
        Multi-Purpose profit down 8pc
        85 3 SINGAPORE Multi-Purpose Holdings Bhd yesterday reported that interim net earnings fell 8.09 per cent to M 524.76 million (S$ 15.9 million) despite an 87.29 per cent surge in group turnover to M 5897.38 million from a year earlier. The decline in earnings of the group, which
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      • Article
        SingRe's results show 23pc jump
        81 3 SINGAPORE Singapore Reinsurance posted robust halftime results despite the softening in the reinsurance business worldwide. Group net earnings for the six months ended June 30 jumped 23.6 per cent to $3.4 million. Singße said business in Asia helped to fuel growth. Investment income, however, fell
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      • Article
        Magnum confirms China plans
        49 3 KUALA LUMPUR Magnum Corporation Bhd confirmed that it had sought permission from authorities in China to establish gaming operations there. Responding to a query by the Kuala Lumpur Stock Exchange, it said it would make an immediate announcement of any definitive results of the application.
        49 words
    • Article
      Lock icon Genting raises Lonrho stake by 3.9pc
      207 3 Reuter KUALA LUMPUR Malaysia's Genting Bhd said it had bought through two subsidiary firms another 25.37 million shares, or 3.88 per cent interest in United Kingdom conglomerate Lonrho pic for M 598.4 million in cash from the open market. Genting in July announced it
      Reuter  -  207 words
    • COMPANY BRIEFS
      • Article
        John Fairfax posts pre-tax profit of A$129m
        79 4 SYDNEY Newspaper publisher John Fairfax Holdings Ltd, refloated in May after an absence of four years from the stock market, posted a maiden annual profit that exceeded projections in its prospectus. The year's results, when restated to account for the period beyond its
        79 words
      • Article
        Fine for reselling share application
        64 4 BEIJING The Chinese authorities, moving to restore order on the Shenzhen stock exchange, have ordered fines of up to U555,550 (S$8,880) for the illegal sale of applications to purchase shares, a report said yesterday. The stiff fines follow riots earlier this month in Shenzhen when
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      • Article
        Alan Bond freed for re-trial
        61 4 PERTH Former Australian business tycoon Alan Bond was freed from jail yesterday after serving three months of a 2'/2 year sentence for dishonesty after an appeal court ruled that he should be re-tried. A haggard and unshaven Bond choked back tears as he told reporters
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      • Article
        Taiwan paper firm's profit soars
        62 4 TAIPEI Taiwan's Yuen Foong Yu Paper Manufacturing Co Ltd posted pre-tax profits of NT$362 million (Ss23 million) in the first six months of the year, up 229 per cent from last year's NTS 110 million, a company official said yesterday. Turnover in the first half
        62 words
    • Article
      Lock icon Swire Pacific doubles interim profit to HK$2.2b
      371 4 Boost from property division Reuter HONGKONG Swire Pacific posted a 101.4 per cent rise in profits from a year earlier to HKS2.IBI billion (Ss4sl million) for the six months to June 30, the firm said here yesterday. The leading blue chip counter posted
      Reuter  -  371 words
    • Article, Illustration
      Lock icon News Corp plans US$1b public debt offer
      404 4 Move is to replace company's short-term bank loans FT SYDNEY News Corporation plans to raise about US$l billion (S$ 1.6 billion) in long-term public debt in the next few months. The decision, a further step in the rehabilitation of the world's third largest
      FT  -  404 words
    • Article
      Lock icon Sunkyong group to give up mobile phone deal
      269 4 Reuter SEOUL The consortium led by South Korea's Sunkyong Group will give up the contract awarded last week by the government to develop the country's second mobile telephone network, a company executive said. The Sunkyong Group consortium comprised GTE Corp of the
      Reuter  -  269 words
    • Article
      Lock icon Japan's electronics firms set to lower earnings forecasts
      313 4 Bloomberg TOKYO Major Japanese electronics companies are expected to issue downward revisions to projected earnings for the current fiscal year, which ends March 1993, industry analysts said yesterday. Consumer electronics producers will be among the the hardest hit, they added. "We are
      Bloomberg  -  313 words
    • Article
      Lock icon MAS to save M$50m a year with own repairs
      222 4 Bernama KUALA LUMPUR Malaysian Airline System Bhd will cut costs by at least Msso million (5532.1 million) annually by 1997 when all maintenance and overhaul services for its aircraft are conducted in-house, its managing director Kamaruddin Ahmad" said yesterday. Speaking at
      Bernama  -  222 words
    • Article
      Lock icon Fletcher's challenge: finding a buyer for Rural Bank
      549 4 MARKET TALK Reuter WELLINGTON New Zealand forestry and energy conglomerate Fletcher Challenge Ltd's (FCL) hunt for a buyer for its Rural Bank subsidiary may be long and fruitless, according to analysts. Slammed by stagnant commodity prices and plummeting property values, Fletcher Challenge
      Reuter  -  549 words
    • Article
      Lock icon Hoechst reports 20pc fall in first-half earnings
      365 5 German group blames lower prices, higher costs, weak dollar FT BONN Hoechst, the German chemicals and drugs group, on Wednesday blamed price pressure, rising costs and the weak dollar for a 19.8 per cent slump in firsthalf profits. Plant closure costs and other
      FT  -  365 words
    • Article
      Lock icon ABB expects profit to stay level
      231 5 Reuter STOCKHOLM SwissSwedish power and engineering group ABB Asea Brown Boveri said its 1992 profits would be about the same as 1991*8, which were US$l.l5 billion (Ssl£4 billion) after financial items. "Results after financial items for 1992 are expected to reach about the previous
      Reuter  -  231 words
    • Article
      Lock icon Continental 1st half pre-tax up 277pc
      247 5 Bloomberg HANOVER, Germany Continental AG said on Wednesday that its first-half pre-tax profit had soared 277 per cent to 118.7 million deutschemarks (S$ 135.2 million) from 31.5 million marks a year earlier. Sales, up 7.6 per cent to 4.91 billion marks in the first
      Bloomberg  -  247 words
    • Article, Illustration
      Lock icon Profits of UK firms hit by falling dollar
      361 5 Reuter LONDON Constant pressure on the US dollar is putting a strain on a batch of UK companies with dollarearning interests and strategists predict that such firms are set to be hit by revenue losses. With about 25 per cent of UK
      Reuter; Source: TeleTrac  -  361 words
    • COMPANY BRIEFS
      • Article
        RH Macy says its cash flow is still good
        88 5 NEW YORK RH Macy and Co Inc said it had a positive cash flow for its fourth quarter and got through the spring season without dipping into credit lines. The famous department store company, which filed for bankruptcy court protection in
        88 words
      • Article
        Matsushita loses patent suit
        80 5 SAUGERTIES, New York Comair Rotron said it has been awarded about US$2l million (5533.6 million) plus attorney's fees in a court decision of wilful patent infringement against Matsushita Electric Industrial Co Ltd. In the early 1980s, Matsushita's Panasonic and other suppliers took <i substantial share of
        80 words
      • Article
        WH Smith profits up 27pc
        60 5 LONDON The WH Smith chain of book shops increased pre-tax profits by 27 per cent to £112.7 million (***** million) from £89 million a year earlier but warned that it saw no signs of recovery on Wednesday. The results were at the bottom of the
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      • Article
        DEC to make notebooks in Taiwan
        78 5 TAIPEI The Digital Equipment Corp (DEC), which last week launched a line of low-cost desktop personal computers manufactured at a plant in Taiwan, said it plans to produce notebook computers here by next spring. Mike Shih, DEC's personal computer business manager for Taipei, said
        78 words
      • Article
        Jakarta gets Hard Rock Cafe
        84 5 JAKARTA The London-based restaurant chain Hard Rock Cafe will open its first outlet in Jakarta next month, it was announced here Wednesday. "We will open the cafe in the second week of September. It will be the 30th Hard Rock Cafe in the world," said
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      172 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. f The ultra-slim watch Expressing the essential. The first masterpiece in the art of watchmaking is portrayed by ideal perfection in the mechanical watch. The discreetness of the dial and the simplicity of its lines
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      181 4 SII Smart Gifts For Seiko instruments Thinking People WP-1200 Roget's Thesaurus Spell Checker WP-5550 English English IC Dictionary, Thesaurus Spell Checker TR-240 Hiragana O Kanji Translator rMHHimm War TR-340 English <«► Japanese Translator I few TR-700 English < Japanese Translator I TR-320 Multi Lingual Translator wis■*m m m m m
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      Page 4 Advertisements Column 2
      38 4 YOUR DAILY GUIDE (ZlaoAcfced The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a puppy or a good home for one, Classified has what you're looking for! Just call 737-1166. C.A.T.S. 737-116*
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      Page 4 Advertisements Column 3
      152 4 BUSINE S S T I M E Toll free Tel No 737 0043 Fax No: 734 3608 Trade Manager Singapore Excellent Terms CONTAINER SERVICE FREIGHT FORWARDING PROJECTS A Global forwarding company based in Singapore with international offices in 14 countries has vacancy for the above post This company is a
      152 words
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  • Page 5 Advertisements
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      163 5 WARRANTIES 3-YEAR WARRANTY WITH UNUNITED MILEAGE** Motor Uttima MMVUtMMto *yemmmtwomc w**M*rr^ <Mtct> for 3 y*wt from day of purehM*. v MlMTllßiyUilli Vnur lurfl'i tuutlf 1R? 1 v {i„.yjgr |j '-J from tfio d«» of |i mihiii, j v v i >N'XHis IfHlffji s AudiLare It to mcttv tho Mi bwnflu
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        DBS' 43rd branch opens in Orchard Rd
        67 6 SINGAPORE DBS Bank will be opening a new branch at Liat Towers today to tap shoppers, tourists and retailers along Orchard Road. The branch, its 43rd, will also provide Saturday's afternoon banking till 3pm and offer travel-related services up to 5.30pm from Mondays
        67 words
      • Article
        Japan monitors banks
        68 6 TOKYO Fearing an increase in bad loans held by commercial banks, the Ministry of Finance (MOF) has started to develop a computer system for monitoring and more quickly and efficiently projecting possible changes in the soundness of financial institutions. At present, the MOF conducts on-site inspections of
        68 words
      • Article
        Aussie property group profit up
        94 6 SYDNEY Australian financial services and property group Lend Lease Corp said net profit in the year ended June 30 rose 6.7 per cent from a year earlier to A$ 195.3 million. However, earnings per share fell to 96.5 cents from 99.6 cents a year earlier,
        94 words
      • Article
        Lincoln executives settle charges
        71 6 WASHINGTON Charles Keating Jr's son-in-law and three other former executives of Lincoln Savings and Loan have settled civil charges in the nation's most notorious thrift collapse by agreeing to a record US$75 million (Ssl2o million) restitution order. The settlement, announced on Tuesday by the Office of
        71 words
      • Article
        Midland to focus on small loans
        72 6 LONDON Midland Bank pic will be urged to boost lending to small businesses, the Financial Times said, quoting an unnamed senior executive of the bank's new owner, HSBC Holdings pic. Midland managers will be urged to take more account of financial projections in deciding
        72 words
      • Article
        Credit Suisse buys regional bank
        73 6 ZURICH Credit Suisse, Switzerland's third-largest bank, said it had reached an agreement to buy Gewerbebank Baden, a regional bank with end-June assets of 1.66 billion Swiss francs. A Credit Suisse spokesman said the bank would pay 270 francs per registered share and 810 francs per
        73 words
    • Article
      Lock icon KL acts to make motor insurance viable business
      445 6 Bernama KUALA LUMPUR A package of measures to make motor insurance a more viable business is now being formulated by a special task force, according to a Bank Negara communique released at the end of an annual conference with insurance companies yesterday.
      Bernama  -  445 words
    • Article
      Lock icon Investigators to question central bank chief
      204 6 The Bombay scandal Reuter NEW DELHI Federal police probing India's billiondollar financial scandal said they would question central bank chief S Venkitaraman, although they did not suspect wrongdoing. A spokesman for the Central Bureau of Investigations (CBI) said that Venkitaraman, head of the Reserve
      Reuter  -  204 words
    • Article
      Banks face losses in Xian hotel loans
      509 6  -  Developers, guarantors not paying up as projects remain abandoned By Quak Hiang Whai SINGAPORE International banks with troubled loans to the hotel industry in Xian, China, are not likely to see their money back in the immediate future, banking sources said. Many abandoned
      509 words
    • Article
      Lock icon Citibank rejects claims it violated guidelines
      242 6 FT BOMBAY Citibank, the US bank, on Wednesday denied that it had violated guidelines of the Reserve Bank of India, or that it had actively financed brokers involved in the US$l.2 billion Bombay securities scandal. In a statement issued in Bombay in response to
      FT  -  242 words
    • Article
      Lock icon Nomura expected to go into the red
      331 6 Reuter TOKYO Japan's once-in-vincible Nomura Securities Co Ltd, battered by depressed share prices and low turnover on the Tokyo stock market, looks set to follow its three main rivals by dipping into the red, industry sources said yesterday. "We are expecting Nomura to
      Reuter  -  331 words
    • Article, Illustration
      Lock icon Insurers swamped with claims
      218 6 Impact of Hurricane Andrew AP HARTFORD, Connecticut Insurance companies are being swamped with claims as the damage toll rises in Florida and Louisiana from Hurricane Andrew. Official estimates on the number of claims filed are not expected until next week, but some industry officials say Andrew
      AP  -  218 words
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      Page 6 Advertisements Column 1
      85 6 Expect a competitive yield from this freehold retail investment HUNTERS PLAZA SHOPPING CENTRE Papatoetoe Auckland New Zealand Auckland's newest shopping Net lettable area 16,818m 2 centre servicing New Zealand's m for 9J5 cars fastest growing urban area in£ ud undercover just 15 minutes drive from CBD. Fully leased on completion
      85 words
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      Page 6 Advertisements Column 2
      187 6 I A reputed Group in Madras is interested in diversifying intohandling I containers for Import and Export Cargo at the Ports of Madras ISingapore and Port Klang. The Group has established good export I business with this region. The Group has the following facilities at i Madras. J 1. Bank
      187 words
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      320 7 The City's Premier Waterfront Address *5P y Prime location on Raffles Quay, adjacent to |KSg Raffles Place. awilsß' <Sf y ffi&jKHflS "~.i* wfflH YwM HB g§SjiH Efficient layout of approximately g|g Uninterrupted panoramic sea view Hs||_ facilities. l l iiiiiiii x\ carparti J) j(//\ L Raffles #46-00, Tei: 235 Fa
      320 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Aussie firms' June qtr pre-tax profits fall 5pc
        75 8 CANBERRA Pre-tax profits for Australian companies with more than 30 employees fell 5.0 per cent in the June quarter to A 53.43 billion ($3.92 billion) compared with the March quarter, seasonally adjusted, the Australian Bureau of Statistics said. Company profits in the
        75 words
      • Article
        US will lift Viet embargo: France
        71 8 PARIS A French government minister just back from a trip to Vietnam said on Wednesday he was convinced the United States would lift its embargo on trade with Hanoi soon after the US presidential election in early November. "I am convinced that the embargo
        71 words
      • Article
        Patten to visit Beijing
        62 8 BEIJING Hongkong Governor Chris Patten will visit Beijing from Oct 12-14 on his first visit to the Chinese capital since taking office in July, Xinhua news agency said yesterday. Mr Patten will be in Beijing at the invitation of Lu Ping, director of the State Council's
        62 words
      • Article
        Bangladesh seeks M'sian help
        71 8 DHAKA Bangladeshi Prime Minister Begum Khaleda Zia urged Malaysia on Wednesday to offer more jobs to her unemployed countrymen and to increase bilateral trade. Bangladesh had a large number of skilled, semi-skilled and unskilled workers who could be employed in Malaysia, she told Malaysian Foreign Minister
        71 words
      • Article
        Yangon signs Geneva Convention
        52 8 BANGKOK Myanmar's military junta, criticised by human rights groups for brutality in its wars against minority groups, has signed the Geneva Convention. Official Yangon Radio said Foreign Minister Ohn Gyaw announced Myanmar's accession to the four humanitarian conventions of 1949 at a signing ceremony in Yangon
        52 words
      • Article
        No plans to buy Scuds: Jakarta
        68 8 JAKARTA The Indonesian Armed Forces on Wednesday denied news reports that Indonesia is considering purchasing Scud missiles from the former Soviet Union to strengthen its defence. Air Chief Marshall Siboen was quoted by the Indonesian daily newspaper Kompas on Monday as saying: "We are
        68 words
    • Article
      Lock icon Reforms will help Thailand regain respect, says Anand
      505 8 Thai PM advises next govt to promote overseas investment Reuter, Knight-Ridder BANGKOK Thai Prime Minister Anand Panyarachun said stepping up economic and political liberalisation would help Thailand regain recognition as a respected member of the international community despite the bloody civil riots
      Reuter,; Knight-Ridder  -  505 words
    • Article
      Lock icon Thai bourse takes steps to curb speculation
      281 8 Reuter BANGKOK The Stock Exchange of Thailand (SET) said it will step up efforts to discourage excessive speculation by barring brokers from market-making activities involving highly volatile stocks. An SET board meeting on Wednesday night said a task force is being formed to
      Reuter  -  281 words
    • Article
      Lock icon Aussie current account to show wider gap in July
      484 8 Reuter SYDNEY A steady rise in imports and slowing export growth means Australia's current account deficit may widen in July, economists predicted, but this does not change the overall forecast for an improving economy. "The import trend is up and expected
      Reuter  -  484 words
    • Article, Illustration
      Lock icon NAM searches for new direction
      593 8 But diverse group can only hope for general consensus at best Reuter JAKARTA Leaders of the 106-member Non-Aligned Movement (NAM) start pouring into Jakarta this week for a summit that host Indonesia hopes will give developing countries stronger economies and more say in how the
      Reuter  -  593 words
    • Article
      Lock icon North Korea left out as Russia, China push for border trade
      454 8 AFP VLADIVOSTOK, Russia A conference on North-east Asian economic development ended here yesterday with China and Russia pushing plans to promote border trade and ignoring North Korea's wish for its own special economic zone. China's move earlier in the
      AFP  -  454 words
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      540 8 BjrSINESSmOS Toll free Tel No: 737 0043 Fax No: 734 3608 SINGAPORE RE SINGAPORE REINSURANCE CORPORATION LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT To: All Shareholders The Board of Directors of Singapore Reinsurance Corporation Limited wishes to mate the following announcement: I UNAUDITED RESULTS FOR THE SIX MONTHS ENOED
      540 words
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  • THE WORLD
    • Article
      US, China likely to reach trade accord: Shearson
      411 9  -  Beijing sees agreement as key to Gatt membership By Alec Almazan SINGAPORE A market access agreement for US goods into China is likely to be concluded by the Oct 10 deadline because China is keen to secure membership in Gatt, Shearson Lehman
      411 words
    • Article, Illustration
      An open message
      48 9 BEIJING Part of a banner proclaiming 'A more open China awaits the 2000 Olympics hanging above and below a soccer crowd in Beijing on Wednesday. China has repeatedly boasted about its economic openness but this reform has not yet been extended to the political sphere.
      48 words
    • Article, Illustration
      Lock icon Analysts ponder French 'no' to European union
      284 9 Reuter PARIS Two polls predicting a shock rejection of the Maastricht Treaty in France's Sep 20 referendum have left analysts wondering why opponents of European union are making such inroads into public opinion. An IPSOS survey released on Wednesday showed a 52 to
      Reuter  -  284 words
    • Article
      Lock icon Rejection will hit franc, investment, says industry leader
      356 9 AFP PARIS Rejection of the Maastricht Treaty in the French referendum on Sep 20 would cause a crisis for the French franc and would drive foreign investment away from France, a senior member of the French CNPF employers' federation said. Commenting on
      AFP  -  356 words
    • Article
      Lock icon Czechoslovakia to disappear from Jan 1
      405 9 Move will pave way for separate Czech and Slovak republics Reuter 3RNO, Czechoslovakia Czechoslovakia will disappear as a single state from Jan 1, 1993, opening the way for two separate Czech and Slovak republics. "We assume the Czechoslovak federation will cease to exist on
      Reuter  -  405 words
    • Article
      Lock icon US exporters expect higher sales over next 12 months: survey
      325 9 UPI NEW YORK Nearly twothirds of US exporters expect their overseas sales to rise over the next 12 months in a trend that could help revive the US economy, Dun and Bradstreet Corp said in a survey released yesterday. The
      UPI  -  325 words
    • Article
      Lock icon Swiss legislators vote to join European trade zone
      196 9 AP BERN Amid warnings that Switzerland's uncompromising independence could lead to the country's breakup, legislators voted overwhelmingly on Wednesday to join a giant European trade zone stretching from Scandinavia to Portugal. The final decision on whether to join the European Economic Area
      AP  -  196 words
    • WORLD WATCH
      • Article
        One in seven Chinese unhappy with politics: poll
        98 9 BEIJING A recent Chinese opinion poll published yesterday found that one in seven people was unhappy with China's political situation, the official Xinhua news agency said. But the poll by the Public Opinion Research Institute of the Communist Party-run People's University painted
        98 words
      • Article
        Mexico's export growth slows
        88 9 MEXICO CITY Mexico's export growth slowed to 0.38 per cent during the first five months of 1992 compared with 14.7 per cent during the same period in 1991, the Mexico City financial daily El Financiero said on Wednesday. The newspaper, citing figures from the national statistical
        88 words
      • Article, Illustration
        Stopped dead in its tracks
        36 9 FRANKFURT A resident walking by a life-size model of the front of Germany's high speed train ICE yesterday. The train was set up to attract passers-by to a new office building.
        36 words
      • Article
        US grants Albania MFN status
        64 9 WASHINGTON US President George Bush announced on Wednesday that the United States was granting trade preferences to Albania and to all former Yugoslav republics except Serbia and Montenegro. The measure signed on Wednesday giving Albania most favoured nation (MFN) status will allow the former Stalinist
        64 words
      • Article
        Russia to probe oil exports: agency
        101 9 MOSCOW Russia plans to investigate the activities of domestic firms and joint ventures involved in exporting oil. Interfax news agency on Wednesday quoted First Deputy Prime Minister Vladimir Shumeiko as saying the move was an effort to check on oil exports. "During the first
        101 words
  • Page 9 Advertisements
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      289 9 M.* 4 /n/^ v Introducing the Nikkei Databank a world leading databank. It's absolutely the last word on the Japanese economy, Current Data offering you up-to-the-minute news, market quotes and Stock quotations (listed companies) Stock market access to historical databases indices Listed bond quotations Bond market indices TT 1 eiua
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  • Article
    Ramos on the right road
    450 10 EDITORIAL PHILIPPINE president Fidel Ramos has not pulled his punches when telling his people about the enormous task ahead in reshaping the country's economy. Two days ago he sent this message to the Philippine Congress along with his budget proposals for 1993: "This represents a
    450 words
  • WHAT THE OTHERS SAY
    • Article
      Salvation of a nation
      189 10 DEPUTY Prime Minister Lee Hsien Loong gave a fitting answer on Tuesday to all that loose talk about Singapore over-saving to the detriment of its economy. This was the slew of statistics contained in his keynote address at the opening of Enterprise '92, a conference to
      189 words
    • Article
      Carry on halal progress
      170 10 IMFEX II is over. So what's next? With total business contracts of 52.5 million, the organiser can take pride that the whole project has been quite successful. There have been many suggestions on how the spin-offs from Imfex can be fully realised. Of course, the Malay
      170 words
    • Article
      Save and grow
      163 10 THE DANGEROUS TENDENCY of wanton spending will appear in any prosperous society. This is what we must carefully guard against as we continually seek economic growth. Among the four small dragons of Asia which have in common high savings rates, our inflation rate has ajways been the
      163 words
  • REGIONAL VIEWPOINTS
    • Article
      High hopes for emperor's visit
      203 10 THERE are signs of subtle change even in China, where there is no compromise on matters of principle. General Secretary Jiang has said it is important for China to forget the past and look towards the future, and for Japan to seriously consider history and
      203 words
    • Article
      New era for East Asia
      200 10 THE NEW YORK TIMES suggests that a broad Pacific security body including Japan, China, South Korea, Russia, the US and South-east Asian countries can help divert regional tensions into "safer channels." It says "wise leaders" in Washington should see the Chinese-South Korean agreement as a
      200 words
    • Article
      Enforcement well done
      123 10 THIS MAY NOT BE a year of disenchantment in public administration and services after all. The decision by the Penang Municipal Council to demolish an illegal factory proves that some local authorities are capable of enforcing its by-laws. The public warmly welcomes the council's tough stance. It
      123 words
  • Article
    Financial tug-of-war at the Kremlin
    923 10  -  The International Monetary Fund may need Russia more than Russia needs the IMF. John Helmer reports from Moscow John Helmer The writer is BTs Moscow correspondent The agreement between Russia and the International Monetary Fund is close to collapse just three weeks after it was
    923 words
  • Page 10 Advertisements
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      87 10 FOR SUCCESSFUL MANAGEMENT OF YOURBUjUNESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      56 10 DOONESBURY GARRY TRUDEAU HELP MtOVT UM... YEAH, MY SOYOUVOKT\ 1 H6 **>WHATDO IDUNNQ-- YOUR PARENTS. ARB I WANT TO KNOW WHAT M&JOEANP TAKE ANY LKTHBOPPS YCUMAMHOSB ABOUT A THEY SWVOHEP OV£X YOU* PARENT* H/HE IGVE&IKNOW PRECAUTIONS* ARE A6AIHST Ott*TOOE.JOE* ZJLUON SEAST IMimtN6 TAUGHT YOUANPWHAT HOSTOFIHGSNFf, CONCEPTION U9TENUP, PEO- WONE 7
      56 words
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  • ANALYSIS
    • Article
      Lock icon A regional order based on pragmatic self-interest
      691 11  -  Michael Leifer discusses the preservation of post-colonial boundaries and the state in Asia in the post-Cold War world Michael Leifer The writer is professor of international j relations at the London School of Economics and Political Science IHT WILL THE convulsive experience of
      IHT  -  691 words
    • Article, Illustration
      Ominous smoke signals in M'sia
      1595 11  -  Malaysia, in clamping down on cigarette advertising and sales to minors, is finding the tobacco industry one tough cookie. From Kuala Lumpur, Leslie Lopez reports on the volatile issues involved and the industry's struggle to survive. Leslie Lopez After decades of c steady growth and
      1,595 words
    • Article
      A shrinking market is injurious to their health
      646 11 FACING the prospect of a blanket ban on all forms of cigarette advertising by year-end, Malaysia's tobacco manufacturers are bracing themselves for an all-out war to improve their share in a shrinking market. Analysts say the realignment, which is set to take
      646 words
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  • FOCUS
    • Article, Illustration
      Lock icon Bargain buys, but at a risk
      1559 12  -  Japanese shares look cheap by international standards, but history offers a warning to investors, says Peter Martin Peter Martin FT WHEN Japanese shares touched their latest six-year lows in the middle of last week, they appeared to offer some remarkable bargains. Even with stock
      FT; Source: IBES  -  1,559 words
  • Page 12 Advertisements
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      42 12 ■XFyW 1 r d JII vj» t•! .f Tci vi TOKYO from only i t $I£3£P /"^2n> $1890 C^%J y imo (STANDARD) S $1880 X (BUDGET) OTHER CITIES As Have an eye-opening adventure in its principal towns of Nagoya, Kyoto, and Fukuoka.
      42 words
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      Page 12 Advertisements Column 2
      277 12 BUSINES S T I M E S Toll fr— Tt No 737 0Q43 Fax No: 734 3606 mM I The selected Sri 3 Managing I >nk > n 111 l I J pfl ■II rn Director must LankanHpHHi-a ra > candidate wfl be be capable of responsible for the continued
      277 words
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      Page 12 Advertisements Column 3
      66 12 Rare Chinese Art Exhibition (25th August 10th September 1992 10am 6pm daily) Ami Hua Shi Oriental Art Pte Ltd 272-276 River Valley Road, Singapore 0923. Tel: *****71 *****23 ENAMELED SILVER WARE J EXHJS SILVER STONE CARVINGS SUA hK-(ill I JRWFI RV JADF k. DECORATED WARE ANTIQUE JADE MINIATURE IVORY I
      66 words
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      385 13 Compaq announces a breakthrough that will benefit your entire computer network. (And it's not a computer.) On September 3rd, 1992 -at the Mandarin Lotus' Workgroup Strategy EXHIBITION OF HARDWARE AND SOFTWARE Singapore Compaq will unveil a breakthrough that See Lotus Note and Lotus Smartsuite 2-day exhibition, from 9:ooam s:oopm will
      385 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      467 14 modern influences. J Nothing Beats A Bud |ii| WTna or KIWO OF BBBRB. I i 'Time 'fa I Penang II KuehPaiTi, A CheeCheongFun, At only $11.80++ per Nonya Kueh, antl S6 80 +PP r ch,ld I Bubur Hitam and inclusive of coffee/tea, this is BuburTerigu. ne hi 8 h ,y
      467 words
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      Page 14 Advertisements Column 2
      313 14 WHERE TO WINE, DINE... \*J\ i «»Stefr. if. i p i j DELIGHTS^ Spend ii leisurely weekend afternoon with hot favourites like I rietl Chicken. ITawn l-ritter. Uiksa. Soon Kwiiy. Hojak or cool winners like mousse and jellies, lartiets and jjastries and iresli fruits. Cafe PltlZU Adult: SIO..TO++ Child: SH.OO++
      313 words
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      Page 14 Advertisements Column 3
      256 14 I rm 01 I vg come. The delicious flavour* I I of Tww Specially brought to you by 3 I clm£i firoai Lfu Lm Sheraton, Tdp«i,&m^feriiw*coairio«. I So. ODBC atroyr the best £nw Taiwan at the Chatterbox. J A 4» **A«LJ4 OoLnkmW<%mmm- Aui I*l <*wraion h»um i ii Hotel Taipei
      256 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      643 14 TELEVISION AND RADIO ClraryA t Via ft orfn "i _£2 BU9W6SSOMBWO ITI /II II I 111 II II I I 7.25 PM Opening followed by The 5.55 PM Opening followed by Gold 10.45 Sport*. BBC, 88.9 mHz m VHF Band N tilvl V VIA Nightly Business Report. lighten (C). 11.45
      643 words
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  • LIFESTYLE 1
    • Article, Illustration
      Lock icon Singing for the world
      674 15  -  John Pareles reviews Jimmy Cliffs concert in New York and notes how the singer's style has changed after two decades John Pareles NYT INTERNATIONAL recognition and worldwide touring have transformed Jimmy Cliff, who headlined a quadruple bill of Jamaican and African reggae, at the Ritz in
      NYT  -  674 words
    • Article, Illustration
      Lock icon Slimming is no hogwash
      578 15 An American scientist is conducting a fitness study with a difference. She uses neither mice nor humans to prove that... AP THE secret to staying slim is not acting like a pig, right? Well, guess who's the role model in a fitness study. That's right, pigs.
      AP  -  578 words
    • Article, Illustration
      Allegations against Allen absurb: Keaton
      555 15 I. im i .1 i.i. .1 ii .U.'-.i.'.'.'.!-:-!-!:!!•! CHATTERSCm DIANE KEATON, Woody Allen's former love and once and future leading lady, has issued a statement in the Allen-Mia Farrow child custody bashing match about Woody's alleged abuse of his adopted daughter, Dylan. "These allegations are
      555 words
    • Article, Illustration
      Lock icon Sowing the seeds of unity
      857 17  -  After years of rivalry, French vineyards are putting aside differences to work together to boost the export of their products. Roger Cohen reports Roger Cohen NYT Almost as powerful as the love of the vine in Burgundy is the rivalry with, and the mistrust of,
      NYT  -  857 words
    • Article
      Lock icon Sparks fly over lamp-post art
      638 17 NYT AT FIRST, Ceil Gasior was confused by a white metal sign atop a lamp-post on Maiden Lane near Wall Street in Manhattan. After taking a closer look, she was angry. What she saw was a drawing of a paper doll wearing the typical dress
      NYT  -  638 words
  • Page 15 Advertisements
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      225 15 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+ -I- per person ANA HOTEL For reservations please call S,N GAPO S: T 16 Nmm Hi.
      225 words
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      Page 15 Advertisements Column 2
      75 15 m MINTON Th* I I I I i r i i I Fo>» c\v\ important bus*r*«s lunch or dinner, tempi your client with omk Madras steal<, grilled /Norwegian Salmon ancJ much from om»* extensive a la carte, spread. y\t prices even your accountant will be pleased with! CJt's at right
      75 words
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      Page 15 Advertisements Column 3
      156 15 I marriage between Thai and Cantonese cuisines at China China 'Rgstaurant. Set menus available from $68+ (2 persons) to $338+ (10 persons). Or try our a Ca carte menu from as little as $2+ per piece! Available in August for Cunch and dinner. Tor reservations, please ca***** 4228/9. J Our
      156 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      349 16 me If you're not using an HP LaserJet printer, your software could play tricks on you. 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 computer and
      349 words
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      35 17 whuts 11 «< IN A I fH IHHIII r, a ■111 I If i 1 ill I I ■4 I H t "i s Find out in Personal Investment and Finance. Every Saturday in Business Times
      35 words
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      Page 17 Advertisements Column 2
      711 17 I JoSTmSES. I vSy National BankofKuwait sak ISgH I Consolidated Balance Sheet Consolidated Profit and Lose Account I at 31 Dacamber 1991 w im» torthatwoyaaraandad3l Dacembar 1991 """SEE! I ASSETS Not* Kuwaiti Dinar* Kuwaiti Dinars BLJSH I Cash and short term funds 396,882,627 327.102,009 INCOME FROM BANKING ACTIVITIES *****0012 I
      711 words
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  • Page 18 Advertisements
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      591 18 ADVERTISEMENT curvilinear,sea-green gallery. by UprP ICQ nPW \I/Q\7 nt ranges and a 2-hole putting M/fllliHll '~<^^^^Bv? with a swim-up sunken bar, Wd j v/ 1 green. Timber vine-covered trellis ;3| pool with a waterslide. and cabanas surrounded by A breakfast terrace over- TCIciXCCI 11V1I12. A 1113.*****1 tropical planting. W Vk
      591 words
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      952 19 ADVERTISEMENT A s you approach The a landscaped avenue, you in stainless steel with its soft impeccably finished main k Sovereign, wrought encircle a tall abstract by curves melding with flowing lobby to be greeted by the f 1 V iron gates automat- the renowned sculptor water, surely a good
      952 words
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  • Page 20 Advertisements
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      139 20 Greatearth f[)4^^(f Hin Kak Furniture Construction Pte Ltd Interior Decoration r Blk 5082 Ang Mo Kio Industrial Park 2 Singapore 0923 Tel: *****22,*****12 Fax: *****12 Tel: *****88 (8 lines) HI [lllM RH *****72 we are proud to be associated with Ardmore View nil I the I mSm electrJC^^ Bik 3021
      139 words
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      218 21 IK|l#p r IKSS g ygj.. sir 11 &|H p H^' :r i liiiP^lii riKwlfii wH l V lP■llilßf ?|fß| |HnHM'£ Lml %M itHMwH I— h*»jß wiiirir .k p m pip I[|M^H 7" tS I 9V9l| jjl 1 1 111 --i OUTSTANDING RESORT FACILITIES #-4^v^ A Sizeable Swimming "Pool >* Nautilus
      218 words
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      Page 22 Advertisements Column 1
      126 22 LI PIN FURNITURE INDUSTRIES PTE LTD Quality Aluminium Defu Lane Blk 2023 Bukit Batok St 23 Fax: *****74 cc^s~, xnrvT #01-90 Bukit Batok Industrial Park A RS LIPIN Singapore Tel: *****94, *****80 Fax: *****08 32 Upper Serangoon Road Singapore 1334 Lim Kee Ban Heng *****55 *****54 i No. 19 Defu
      126 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      96 23 CjjP BUILDING THE FUTURE WITH s EURO-ASIA REALTY GROUP We are 324-D Changi Road Singapore 1441 to be associated with Adhesives, Colour Grouts Sealants Si Bl I m for its external fascade anc j swimming pool with MAPEI's Planicrete, Keracrete, Keracrete Powder, Keracolor, mm and Mapesil AC. Hmin I BM
      96 words
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  • SPORTS
    • SIDE LINES
      • Article
        S'pore water-skiers return triumphant
        112 24 SINGAPORE The Singapore water-ski team returned home on Wednesday evening with 2 gold and 2 bronze medals from the 7th Asian Water-Ski Championships in Omigawa, Japan. Singapore's national record holder Roger Koa beat favourites from China and Australia to win both the Asian Championships and the
        112 words
      • Article
        Capriati beats Wiesner
        59 24 CARLSBAD, California Second-seeded Jennifer Capriati, playing her first match since winning an Olympic gold medal, beat Judith Wiesner 6-4, 6-1 on Wednesday night in the Mazda Tennis Classic. Capriati, ranked sixth in the world, displayed a sharp forehand throughout the baseline duel and rebuffed six of Wiesner's
        59 words
      • Article
        Adeniken pips Christie
        118 24 KOBLENZ, Germany Nigerian sprinter Olapade Adeniken defeated Britain's Olympic 100-metre champion Linford Christie for the second time in 10 days at the Koblenz meeting on Wednesday. Adeniken had the edge on the finishing line, although both men were credited with 10.18 as they provided a re-run of
        118 words
      • Article
        Graf hit by shoulder injury
        68 24 NEW YORK Steffi Graf, two-time winner of the US Open tennis championships, is struggling with a shoulder injury and a viral infection in the run-up to this year's Open. "I had a lot of problems with my shoulder at the Federation Cup and now it's
        68 words
      • Article
        Crowe signs contract
        65 24 WELLINGTON New Zealand cricket captain Martin Crowe is to sign next week a NZ$3OO,OOO five-year contract with New Zealand Cricket, the Evening Post reported yesterday. The deal marks a major turnaround for Crowe. After an appalling Test series against England, one selector asked the player to quit.
        65 words
      • Article
        Lamb in the pen
        99 24 LONDON England batsman Allan Lamb was fined and suspended by Northamptonshire on Wednesday after his allegations that Pakistan's bowlers doctored the ball during their Test and one-day series tour here. The skipper was fined two weeks' wages and banned for two games after his outburst in
        99 words
    • Article, Illustration
      Lock icon Bowe vs Holyfield: Friday the 13th
      426 24 AP NEW YORK Riddick Bowe's challenge to heavyweight champion Evander Holyfield is a fight that will sell itself, say those whose job is to sell the match. "This fight needs no gimmicks," Rock Newman, Bowe's manager, said on Wednesday at a news conference to
      AP  -  426 words
    • Article, Illustration
      Lock icon Connors pulls out of Hamlet Cup
      589 24 AP COMMACK, New York Jimmy Connors, who will turn 40 next week during the US Open, withdrew from the U*****,000 (*****,000) Hamlet Cup tournament on Wednesday night because of a strained left thigh. Connors made his announcement in a media conference call 40 minutes
      AP  -  589 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      72 24 Nautilus 818 BumuKme is pleased to supply is pleased to supply ARDMORE VIEW ARDMORE VIEW NAUTILUS Next Generation GAMETIME Gymnasium equipment playground equipment Genma Trading Pte Ltd <>enma Trading Pte Ltd PQfct 2 Mistri Road #07-00 HMC Building Singapore 0207 2 Mistri Road #07-00 HMC Building Singapore 0207 Tel: (65)*****88
      72 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      SIA and NatSteel lead market lower
      3968 25  -  By Quak Hiang Whai SHARE prices in Singapore slid yesterday, as the local market ignored Tokyo's impressive climb and Wall Street's rise. Led by selling in indexlinked Singapore Airlines and Nat Steel shares, Singapore's benchmark Straits Times Industrials Index shed 9.69 points to close
      3,968 words
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      Lock icon HOT STOCK
      82 25  -  Quak Hiang Whai AS PREDICTED, last month, Nat Steel fell and broke the target of $2.80 yesterday. The general direction is still down and the stock could fall as low as $2. It is, however, worth looking at as its weekly charts are showing some interesting bullish signals.
      SOURCE: BRIDGE INFO  -  82 words
  • Page 25 Advertisements
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      50 25 SINGAPORE: THE HOUR GLASS Lucky Plaia Td: *****20/1 Scom Td: *****27/71* Certrepoi* Td: *******03 Peoinju4i Ta 3 )*****/3 *****3 Pala» Remittance Td: *****62/543 Rdtes Td: *****41 World Trade Centre Success Chronograph Automatic Td: *****07 Changi Alport Terminal 1 (East A WeM Wmgil Td: *****WA). Temwnal 2 (S«4h Win») Td: *****61
      50 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3060 26 The H Glass Wt 40 +26 +185.7% Asia Pacific 1100 20 +1.9% GE Life 1060 20 +1.9% laetan SO* 416 +14 +3.5% Weamcs 324 +12 +3.8% Straits Trading 306 +8 +2.7% S Reinsurance 140 +7 +5.3% Jurong Eng 50* 332 6 +1.8% S Sembawang 630
    3,060 words
  • Page 26 Advertisements
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      55 26 II I 111 II II I I I ■111 111 IL II I I Find out in I II I HI I H lII' I I II I I I*l Personal Investment and Finance. II I I I II H 111 II I I I I Every Saturday in Biliill&AliUliiAillilMAAAl
      55 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3245 27 Magnum Corp 50* 490 +20 +4.3% UMW 289 +10 +3.6* NST 246 +9 +3.8% Sungei Way 194 +8 +4.3% Sime Darby 50» 249 +7 +2.9% IGBCorpn50« 102 +6 +6.2% Pedis Plant 394 +6 +1.5% Choc Prod 50« 58 +5 +94% DAC Bank 50* 125 5
    3,245 words
  • Page 27 Advertisements
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      984 27 BUSINESS TIMES Toll frew Tel No; 737-0Q43 Fax No; 734 8896 KEW LOOGE (PRIVATE) LIMITED (In Hotban' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordnary Gmnl Meeeng of the Company convened and held at 6 Raffles Boulevard #04-100 Manna Square S pore 0103 on Friday 21 August 1992. the Wlowing
      984 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares continue to rise on bargain-hunting
      5275 28 Bernama THE SHARE market extended Wednesday's rebound with prices finishing higher on continued bargain-hunting yesterday. Buying on indexlinked stocks took the KLSE Composite Index up 8.05 points to 567.56. The Industrial Index rose 19.17 points to 975.74 and the main board all-share Emas Index
      Bernama  -  5,275 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shanghai stocks slip on eve of two new listings
      364 29 Reuter DOMESTIC and foreignheld shares both edged downward in light trading in Shanghai yesterday on the eve of two new listings, brokers said. Trading even cooled to 6,000 shares for Chlor-Alkali, a recently active foreign-held B share, which closed down US$O.2O
      Reuter  -  364 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices end slightly firmer on good corporate results
      961 29 Reuter SHARES ended marginally firmer in quiet trading yesterday. "A few companies have announced quite good company results so the market is steady, but it's not really going anywhere," a foreign securities broker said. 811 was the most active, rising 100 rupiah
      Reuter  -  961 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Index ends lower on new exchange ruling
      2161 29 Reuter INVESTORS were sidelined by a Stock Exchange of Thailand announcement that it will bar brokers from trading in highly volatile stocks, brokers said yesterday. The SET Index ended 3.81 points lower at 749.04 on turnover of 4.27 billion baht, the lowest turnover
      Reuter; Source: Bridge Info  -  2,161 words
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      135 29 Shinel YOUR KEY TO 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 on Teleview, which incidentally is the most advanced and company news. or Tony Chia M videotext system in the world.
      135 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei soars 6pc in heavy trading
      2594 30 Reuter STOCKS ended sharply higher yesterday with the Nikkei Average jumping 1,013.35 points or 6.13 per cent to 17,555.00. Futures-linked program trade and buying of incen-tive-backed issues boosted the market, brokers said. The Nikkei last closed above 17,000 on July 15. An estimated 620
      Reuter  -  2,594 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares end weaker despite early rally
      2498 30 Reuter STOCKS finished weaker yesterday in lacklustre trading after an early rally expired and jittery local investors rushed to take profits, brokers said. The Hang Seng Index ended down 18.09 points at 5,460.72. "It was down, it was dull," said a broker at a
      Reuter  -  2,498 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks continue recovery from recent weakness
      2068 31 Reuter STOCKS closed firmer yesterday as the market continued to recover from recent weakness but brokers warned gains were fragile given global uncertainties. "There are real risks from upcoming elections in the US and unsettled currency markets in Europe," a BZW broker said. "But
      Reuter; Source: Bridge Info  -  2,068 words
  • REGIONAL STOCK MARKETS
    • Seoul prices rise despite late profit-taking
      • Article
        SEOUL
        804 31 STOCKS closed higher for the fifth consecutive session yesterday though profit-taking in late afternoon pared earlier gains, brokers said. "Investor sentiment is still strong. But the market is expected to go down slightly from today as investors begin to worry about recent steep rises," Kim Dong-ik of Daishin Securities
        804 words
      • Article
        TAIPEI
        476 31 STOCKS opened higher yesterday as major players hunted for bargains in the construction sector, but closed well off their highs after quick profit-taking emerged, brokers said. The Weighted Index, which hit an intra-day high of 3,845, closed 7.94 points higher at 3,800.97. Turnover was a thin NTS 19.38 billion
        476 words
      • Article
        NEW ZEALAND
        262 31 POSITIVE sentiment from stronger overseas bourses overflowed into New Zealand shares in moderate volume trade yesterday, powering the leaders and the market overall to a higher close. Beleaguered forester and energy company Fletcher Challenge gained the most, rising nine cents to NZ52.44, helping boost the NZSE Capital Index
        262 words
      • Article
        BOMBAY
        211 31 INDIAN stock prices rose yesterday on rumours of an imminent reduction in bank lending rates and brokers said the Bombay Stock Index could climb by another 50 points if the announcement came before the markets open today. The Bombay Stock Exchange Index gained 87.01 points to 2,996.33 and the
        211 words
      • Article
        MANILA
        486 31 SHARE prices on the Manila Stock Ex- change's Composite Index are expected to dip about eight points today as investors bid down the market on continued concern over management of a major state-run bank, traders said. The index lost 28.18 points yesterday to close at 1,426.31. Brokers attributed yesterday's
        486 words
      • Article
        Untitled
        49 31 Clwe Pier kit An 27 NEW ZEALAND NZSE-40 Capital 1,478.34 1,459.52 +18.82 MANILA Composite Index 1,426.31 1.454.49 -28.18 Turnover (mil pesos) unav 235.0 TAIPEI Weighted Price Index 3,800.97 3,793.03 7.94 Turnover (NTS billion) 19.38 18.7 +0.68 SEOUL Composite Stock Index 520.61 513.87 +6.74 Turnover (billion won) 423.4 304.8 +118.6
        49 words
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  • WORLD STOCK MARKETS
    • Wall Street gains inspired by bond rally
      • Article, Illustration
        NEW YORK
        1351 32 STOCKS rose in dull trading on Wednesday on the New York Stock Exchange in a mild rebound from its recent decline, despite a sell-off in the transportation sector. The Dow Jones Industrial Average, which added 4.05 points on Tuesday, jumped 14.59 points to 3,246.81. The Transportation Average, however,
        1,351 words
      • Article, Illustration
        LONDON
        753 32 THE STOCK exchange closed on a firm note in cautious trading on Wednesday amid relief that the pound was holding against the German mark after Bank of England intervention, the first such action since the currency crisis began. The market weakened briefly after the publication of an opinion poll
        753 words
      • Article
        FRANKFURT
        237 32 THE STOCK market closed in a hot and cold mood on Wednesday since the Dax Index ended up 0.30 per cent at 1,473.28 points and the Commerzbank Index fell by 0.2 points to 1,642.7 points. Quieter trading in the US dollar did not attract investors and volume remained low
        237 words
      • Article
        PARIS
        290 32 SHARE prices wiped out their losses to close steady on Wednesday after a second opinion poll on the Maastricht Treaty giving the "No" a small majority was published, dealers said. The CAC-40 Index closed 0.08 point higher at 1,667.80, up from a low of 1,648.32 but below its opening
        290 words
      • Article
        MILAN
        222 32 SHARES slid to their lowest close this year on Wednesday as sellers returned after a slightly stronger start had spurred hopes of a technical rally, dealers said. The All-share MIB Index shed 0.13 per cent to end at 773, equal to this year's low hit on Aug 14. But
        222 words
      • Article
        ZURICH
        416 32 SHARES closed lower in moderate trade on Wednesday. Dealers said professional traders had been selling just before the close, pushing the bourse indices near the day's lows. The Allshare SPI Index closed 3.2 points down at 1,066.5 and the SMI Index of leading shares lost 4.7 to 1,705.0 after
        416 words
      • Article
        STOCKHOLM
        247 32 SHARES rebounded from a string of declines to close higher on Wednesday after the central bank raised its marginal lending rate three percentage points to 16 per cent. Markets interpreted the anticipated rise as a sign market turmoil had peaked. "People are speculating the bottom has been hit... They
        247 words
      • Article
        TORONTO
        298 32 STOCKS closed at the day's high on Wednesday following an uptick in New York, but traders said the gains lacked conviction. Players said the return to stability in the US dollar and bargain hunting after recent weakness helped stocks recover from early weakness. "After the last few days, it's
        298 words
      • Article
        Untitled
        585 32 Aug 26 Close Pmiotts NEW YORK Dow Jones 3.246.81 3,232.22 +14.59 SAP 500 413.51 411.61 +1.90 Turnover (million) 171.86 202.76 -30.9 LONDON Financial Times 30 1,676.2 1.681.0 -4.8 FTSE 100 2,285.0 2,281.0 +4.0 Turnover (million) 371.7 535.8 -164.1 FRANKFURT DAX Index 1.473.28 1,***** +4.37 AMSTERDAM EOE Index unav 272.04 PARIS
        585 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends firmer against D-mark in Tokyo trading
      1211 33 REPORTS THE US DOLLAR closed firmer against the deutschemark and steady against the yen in Tokyo yesterday. Short-covering earlier in the day was the main feature, partly due to concerns over the Group of Seven deputy finance ministers meeting later this
      1,211 words
    • Article
      INTERBANK FOREX RATES
      374 33 Cross rates Au8 n USS S$ MS Dm Yen SFr AS NZS USS 1.6010 2.4900 1.4110 125.30 0.5051 1.2640 1.3947 1.8450 S$ 0.6246 1.5553 0.8813 78.2636 0.3155 0.7895 0.8711 1.1524 MS 0.4016 0.64 0.5667 50.3213 0.2028 0.5076 0.5601 0.7410 Dm 0.7087 1.1347 1.7647 88.80 ***** 0.8958 0.9884
      374 words
    • Article
      MONEY MARKET
      536 33 Interbank rates SS Bid Offer Overnight I 5/8 I 3/4 1-month 2 1/16 2 3/16 2-month 2 3/16 2 5/16 3-month 2 1/4 2 3/8 Owcnught mode: 1-1/2 L'SS Bid Offer 7 days 3 3/8 3 1/2 1 month 3 7/16 3 9/16 2 months 3 7/16 3
      536 words
    • Article
      Lock icon Canberra unlikely to raise rates to back A$
      258 33 Reuter SYDNEY Australian authorities would be reluctant to raise interest rates to defend the shaky Australian dollar except as an extreme and last resort, analysts said on Wednesday. A rise in market cash rates, which followed the Reserve Bank's aggressive buying of
      Reuter  -  258 words
    • Article
      FINANCIAL FUTURES
      1556 33 SIMEX EUW000L1AH Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.54 96.56 3000 2523 ***** Dec 92 96.36 96.38 96.35 96.36 7000 5770 ***** Mar 93 96.29 96.33 96.28 96.32 6200 3686 ***** Jun 93 95.97 96.04 95.97 96.02 3500 2322 5434 Sep 93 95.58 95.64
      1,556 words
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  • COMMODITIES
  • Article
    PRICES
    1493 34 Rubber HAS CiwuJWy Exctawf (ftrtrt* dotmt m »t lpw) RSS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep~92 140.00 140.00 140.00 15 ~975 Oct 138.25 137.50 138.25 425 3,350 Nov 137.25 136.75 137.25 300 3,550 Dec 136.75 136.75 136.75 75 3,875 Jan/Mar 93
    1,493 words
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      Page 34 Advertisements Column 1
      1216 34 BUSINESS TIMES Toll tree Tel No 737 0043 -Fax No: 734 3698 f N THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LOONOCIA INVESTMENT PTI LTD (In Members Voluntary Winding-Up) NOTICC OF FINAL MCETINO NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the
      1,216 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1191 35 City FHM ETA FBgfct ETO Ctty FUgtit ETA FHgM ETO MuM GA976 0115 GA890 0150 Kliala Lumpur MH629 0035 MH602 0700 GA970 2205 MH640 0805 SQ102 0730 MH630 0855 MH604 0740 AdaMda QF81 1955 QF82 2205 SQ103 0950 SQ104 0830 SQ227 2230 MH605 1020 MH606 0925
    1,191 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The town that time forgot
      663 35  -  POSTCARD FROM GRAAFF-REINET Nicholas Woodsworth AS I rolled into the wide main street of GraafT-Reinet I threw sideway glances at the shops on either side: Peter's Home-Made Pies, the Massey Ferguson tractor repair shop, the Maison Capri Beauty Parlour, the Ela-Gant Gift Shop, the Reinet
      663 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 35 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1430 1.I38S Canadian dollar 1.3502 1.3S70 NZ dollar 0.8593 0.8766 Sterling pound 3.1580 3.2008 US dollar 1.5970 1.6050 Local dollan to 100 units of foreign currency Austrian schilling 15.93
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      77 35 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tdi Sept 12-29 International Turin, Italy Torino *****569 Sept 29-30 UK Telecommuni- Inn on the Tania Stariey, 071-*****14 Caravan Caravan Esposizionio cation Policy Park, London IBM Technical (fax) Equipment A Programme for Services Exhibition the 1990's Sept 24-29
      77 words
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      Page 35 Advertisements Column 1
      38 35 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 know Europe from (tart to Finnish
      38 words
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      Page 35 Advertisements Column 2
      6 35 Innovation Technology in BT every Tuesday
      6 words
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      Page 35 Advertisements Column 3
      986 35 BJISINESSTMIOS Toll free Tel No; 737 -0Q43 Fax No; 734 3698 IN THE MATTER OF THE I M THE MATTER LOST SHARE CERTIFICATES COMPANIES ACT, CAP. 50 Of THE COMPANIES ACT| THa f jilliiuHrm Chaia a|ai/*hiiialh«« yjili tlu iam in mr cißu cad toiiowmQ brare oertmcate*/ togetner wnn in* l.i
      986 words
  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      326 35 5 Attack making one feel ill j after dope (6) 8 The firm, given a choice, I 1 putting on the board (2-6) 9 Work and ring for tea pos- 10 1 I 10 All that remains of some j l2 j j J j j rare lichens (5) I—
      326 words
    • Miscellaneous
      Page 35 Miscellaneous Column 2
      164 35 Singapore Outlook: Showers over a few areas in the morning. Report Maximum temperature 31.7 Assoc humidity 61% Minimum temperature 25.1 Assoc humidity 86% Hours of sunshine 3.00 Rainfall in mm Nil Rainfall this month 74.5 Rainy days this month 8 World report Asia-Pacific Hi/Lo* Cond. Auckland 15/11 Rain Bangkok 33/24
      164 words
    • Miscellaneous
      Page 35 Miscellaneous Column 3
      34 35 I 2>eG TO SIR rnosr MUMSLEI \*uu Tm\s roR e>RisTow X I OBSEQUIOUS, subScßvieNT, grovelling, J UC UfclTeS DWUJ good) \OBeDtOJT y/ lcttcr V w; ~~W& JS31.—IE— 0749 *> AMOOATTO KWIMW LTD.. ItC-HM I la^—■————r
      34 words
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  • Article, Illustration
    Lock icon Kanemaru resigns as vice-president of LDP
    259 36 Kingmaker admits taking USs4m from Sagawa Kyubin Reuter TOKYO In a stunning political development, Shin Kanemaru, the undisputed kingmaker of Japan's governing party, yesterday acknowledged that he had accepted US$4 million (556.4 million) from a scandal-tainted company and resigned as vice-president of the ruling
    Reuter  -  259 words
  • Article
    Lock icon The manipulator with great backstage power
    231 36 Reuter TOKYO It was the 77-year-old Shin Kanemaru who last year decided to drop highly popular premier Toshiki Kaifu and replace him with Kiichi Miyazawa. Mr Kaifu had no option but to stand down. The son of a sake brewer, he never occupied the
    Reuter  -  231 words
  • Article, Illustration
    Lock icon China opens embassy in Seoul
    354 36 Two countries to sign govt-to-govt investment guarantee agreement Reuter, AFP SEOUL China's flag was hoisted over Seoul yesterday to mark the opening of Beijing's new embassy in South Korea following the establishment of diplomatic ties. South Korea and China opened full diplomatic ties on Monday
    Reuter,; AFP  -  354 words
  • Article
    Lock icon Iraq declares readiness for war as its diplomats try to avert crisis
    356 36 NYT AMMAN, Jordan Baghdad vowed on Wednesday that it was ready to go to war again with the United States and its allies as they prepared to enforce a plan yesterday to take control of the skies over
    NYT  -  356 words
  • Article
    Lock icon Rebuilding boom to help employment, personal income
    320 36 Aftermath of Hurricane Andrew NYT DALLAS Retailers and building-supply companies scrambled on Wednesday to meet surging demand for their goods after Hurricane Andrew battered south Florida and the Louisiana coast. Some economists have predicted that a rebuilding boom in those areas could last
    NYT  -  320 words
  • Article, Illustration
    Confidence-building is Ramos' first task
    688 36  -  The Bottom Line BRIAN GOMEZ BRIAN GOMEZ The writer is a Sydney-based journalist who has reported extensively on regional developments. SIGNS that Mt Pinatubo may once again spew deadly volcanic ash is a reminder of the hundreds of Filipinos who die each year in typhoons,
    688 words
  • Article
    Lock icon G-7 unlikely to strike deal to curb mark: economists
    292 36 Reuter TOKYO The Group of Seven (G-7) nations are unlikely to be able to strike an effective deal to curb the mark's current strength, senior Japanese economists said yesterday. However, they will probably agree on another deferral of Russian debt at
    Reuter  -  292 words
  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      236 36 Nikon The World's Finest Photographic System Quality in an age of change SELECTA-NOVA. by hansgrone Germany. Top Shower Manufacturer In Europe. I Honsgrohe'sSetadowoslhe I fff/JEm first hondshower with o variable I spray pattern. It become a mil- I /■flgm lion-sefcnghitondoholmcrk I /flaw of Honsgrohequolityfrornthe I j f/jjn Black Forest That
      236 words
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      Page 36 Advertisements Column 2
      6 36 Insurers swamped with claims, Pg 6
      6 words
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      Page 36 Advertisements Column 3
      67 36 Nikon The World's Finest Photographic System i "I feel now that I'm leaving I can be a little bit more blunt about It." Liu Thai Ker next week quits the URA to join the private sector. He evaluates his 24 years of shaping Singapore's public housing estates and urban areas,
      67 words
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  • Shipping Times
    • Article
      Gema SemBrown to expand Indonesian yard
      387 37  -  From Juliette Walker in JAKARTA THE Sembawang group's Indonesian arm PT Gema Semßrown (GSB) has embarked on a US$lO million (Ssl6 million) plan to double the capacity of its Sunda Straits fabrication yard. News of the expansion comes hand-in-hand with yesterday's signing of a
      387 words
    • Article, Illustration
      Lock icon Investigators focus on uncharted rocks
      518 37 Inquiry on QE2 accident AP, Reuter BOSTON Investigators trying to determine why the Queen Elizabeth 2 struck bottom off the Massachusetts coast watched a videotape on Wednesday showing large rocks unrecorded on ocean floor charts that the ship used. The luxury liner's captain, meanwhile, told
      AP,; Reuter  -  518 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1184 37 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Arrow Int 9 2 Asia Cont Lines 18 2 Asian Break-Bulk 16 1 •ASCL 5 5
      1,184 words
    • Article
      Lock icon HK shipowners concerned over seizing of cargo ships by China
      297 37 AFP HONGKONG Shipowners in Hongkong expressed concern yesterday over claims that Chinese authorities were illegally seizing cargo ships on suspicion of smuggling. Three shipping companies said that during the past month seven Vietnam-bound vessels had been stopped after leaving the
      AFP  -  297 words
    • Article
      Maritime training crucial to HK industry
      498 37 HONGKONG THE issue of manning is crucial to the future health of the shipping industry, chairman of the Hongkong Shipowners' Association (HKSA), Mr Peter Cowling, said. "Any decrease in the number of new entrants for maritime training will have a detrimental long-term effect on
      498 words
    • LOG BOOK
      • Article
        China agrees to buy eight British planes
        100 38 BEIJING A Chinese state company has contracted to buy eight British Aerospace 146-300 passenger planes for more than US$2OO million (SS32O million), an official news report said yesterday. The China Daily said the China Aviation Supplies Corp signed the contract on Wednesday, with
        100 words
      • Article
        Lufthansa cutting fares
        73 38 FRANKFURT, Germany Lufthansa airlines on Wednesday said it is cutting its ticket prices by up to 18 per cent on flights to the United States and Canada. The cuts are to go into effect on Oct 15, with Lufthansa's fall and winter schedule, the airline said in
        73 words
      • Article, Illustration
        Solar car can speed at 120 kmh
        63 38 OSAKA, Japan Two-seater solar car Esperanza 2, able to achieve a top speed of 120 kmh, has been developed by Kansai Electric Power Co Inc, the company announced on Wednesday. Using its solar cells alone it can reach 60 kmh, and with its
        63 words
      • Article
        China to open aviation industry
        70 38 HONGKONG China will open its civil aviation industry to foreign investment, the semi-official Xinhua said yesterday. Jiang Zhuping, head of the Civil Aviation Administration of China, said foreign investors would be free to invest in privatised domestic airlines and airport capital project. The report said
        70 words
      • Article
        Kia, Chinese city in joint venture
        88 38 SEOUL South Korea's Kia Motors Co and China's eastern city of Yanji have agreed in principle to set up a joint venture to produce cars and auto parts and a tourist taxi company, a Kia spokesman said yesterday. Kia exchanged a letter of intent
        88 words
    • Article
      DAILY FREIGHTS
      462 38 FREIGHT rate levels were largely steady during an uneventful day on Wednesday with only a few time-charter fixtures of interest, dry cargo brokers said. The Baltic Freight Index (BFI) was steady at 1,077 showing minor gains on the Atlantic and Atlantic/Pacific time-charter routes. A modern panamax vessel on
      462 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      518 38 Carbon l roon Aug 20 Density Water Residue Ash Aluminum Sedenent Density Water Kewto Ash Atarwum SeOmont Tw M/M Exxon u u ppu KG/M*3 V/V M/M M/M PPM method K6/M*3 V/V M/M M/M metlwq BO/Canac fciits Spec E25 991 To 1?0 <U0 oTTo* Eastern USA 180
      518 words
    • Article, Illustration
      Lock icon Middlemen may be muscled out
      950 38  -  The US-South Korean shipping negotiations has collapsed and the Federal Maritime Commission is threatening to use Section 19 against South Korean forwarders. Tony Beargie reports Tony Beargie Transcom WITH the collapse of US-South Korean shipping talks, the Federal Maritime Commission (FMC) is ready to move
      Transcom  -  950 words
    • Article
      THE SHIPPING GUIDE
      8575 46 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
      8,575 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        486 53 ItaMj fry N» Vtm) Wo Berth jwW Ogertw LinuiJ Pnrt Bonastar 2 *****A P04 2708/1200 28.08/0630 5"5R 13 2808/1SM £-»<* "SJ'™ 1,1, e/Q9 io/q ahnoufe fW/i9f¥l Hocgh Duke 0514 P07 2708/1700 Zo.Oo/ZjM S CM HO 78M/Q8M J 8 3 2 *****8 W 27M/]1400 3008/0700 7?4Nfi J6 Si
        486 words
      • Article
        IN MALAYSIAN PORTS
        284 53 JOWPfw Berth: 1: Sri Nam Hua No 2; 2: Jifcn; 3: Navigator; 4: Anglo Orion; 5; Tristar 1; 6; Uni Master. 01 jetty: Shiokaze, Young Chemicarry. KfcniL Dim on Aug 26: Pino Vento, Bakri Voyager. Norgas Runner, Soon Hoe, Gina, Jebei Ali, Uni Modest. Out on Aug
        284 words
      • Article
        CONTAINER SCHEDULE
        1580 53 DELIVERY OF FCl IMPORT CONTAINERS IN PROGRESS Ship Voy No Contawn natabte J Ship Voy No Centra* awMbte AntOas Bndfc 41E 26.08.92 1105 Lampur* *****S COO(EST) 27.08.92 2100 N Crystal 07E 26.08.92 1200 Ngs Ranger 3592 COO(EST) 27 08.92 1500 Bimantara 2 03/S 26.08.92 1330 D Sentosa 77N
        1,580 words
    • Article
      TRANSPORT DIARY
      758 54 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 details please contact IBC Technical Services at tel: 732-1970
      758 words
    • Article
      Telecom invests $1m for paging system in Vietnam
      393 56  -  Move will reinforce foothold in Indo-Chinese economies By Dexter Lee SINGAPORE Singapore Telecommunications Pte Ltd (Telecom) has pumped about $1 million into a paging service network in Vietnam, a move that reinforces its foothold in the telecoms markets of the emerging Indo-Chinese
      393 words
    • Article
      Lock icon Pemex, Shell to invest in US refinery
      270 56 AFP MEXICO Mexico's stateowned oil company Pemex and Shell Oil have signed an agreement to jointly invest in a US oil refinery, with Pemex providing the crude oil in return for lead-free petroL, Pemex said on Wednesday. Under the agreement, Pemex will take
      AFP  -  270 words
    • Article
      Lock icon Air India awaits go ahead on S African flights
      168 56 AFP NEW DELHI International carrier Air India is waiting for a green signal to begin flights to South African capital Johannesburg, despite New Delhi not yet having established diplomatic ties, officials said on Wednesday. The airline hoped to extend its passenger
      AFP  -  168 words
    • Article, Illustration
      UPS moves to new office at the airport
      516 56  -  By Rahita Elias SINGAPORE US-based United Parcel Service (UPS), which made its debut to Singapore some four years ago, is fast expanding its airport and operations facilities here. The international logistics firm had on Monday moved into its new airport office. Its
      516 words
    • Article, Illustration
      Bomb blast kills 10 at Algiers airport
      38 56 ALGIERS Firemen on Wednesday sift through the Air Algerie desk at Algiers airport following a bomb blast which killed 10 people and wounded at least 15. Nobody has yet claimed responsibility.
      38 words
    • Article
      Lock icon EIB opens talk for Canary Wharf's underground line in London
      525 56 Reuter LONDON The European Investment Bank (EIB) has opened talks with officials of London's stricken Canary Wharf office development which could save a crucial extension to an underground line, administrators said on Wednesday. "The EIB is very interested. They have
      Reuter  -  525 words
    • Article
      Lock icon Russia wants Cam Ranh to be logistics base
      254 56 AFP HANOI, Russia wants to keep using Cam Ranh Bay for naval ship repair and resupply even if it ends its permanent presence at the strategic Vietnamese sea and air base, a Russian diplomat said here yesterday. Military officials from the two
      AFP  -  254 words
  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      25 37 Ums and tarvlcos rnproftontad by. Mawbara of ttM Registry of Accriitid Shipping; Agants, Singapore National SMpplug Association. /•'or advertising enquiries, contact Shipping Times: 7W 740-2089/740-2090
      25 words
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      Page 37 Advertisements Column 2
      154 37 FMC threatens action against South Korean forwarders, Pg 2 SIGNAL SAFETY MOORING ROPES V kH m\ m Timm Signal Safety -an improved q j polypropylene product with a5O per cent traditional polypropylene quality. to operational economy. mooring eyes, protected with reinforced polyester sheathing. TIMM MOORING LINK BOSS 120/165T I TIMM
      154 words
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      Page 37 Advertisements Column 3
      27 37 THE famous to eatsman/ ■> MM atsjm ■iMIIIgI* 224 1833 For more information please refer to Pg. 13 Telecom invests $lm for paging system in Vietnam, Pg 20
      27 words
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      124 38 tw-M DusiryfissTimßS 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. J" D. a^ a SUl eon tAim H The thinking businessman
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      3781 39 OOCL (S) PTE LTD JARDINE SHIPPING AQENCIES TEL: *****11 FAX: *****09 \llVlr BOOKINGS TEL: *****34 *****58 fiBM Jl? TERMINAL/CFS TEL: *****18 220 P ***** '1 PESAKA JARDINE SHIPPING AGENCIES SON. BHD. LVAAfJ f" 1 I PORT KELANG TEL: *****18 FAX: *****91 *****88 11VIM Alll nHU/ TTi —r\ I*, c T
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      1476 39 mamssassm THREE SAILINGS TO HONG KONG MAERSK ALGECIRAS V.9201 ETA SIN 29/8/92 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/Aries This week Margrethe Maersk 9208 CY 01/9 0600 HRS CFS 31/ a 2359 HRS JOH LPK PEN OAK
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      1499 40 RDAM/ mrri VOY NO S PORE JEDDAH SHAMTON H'BURG ANT LE HARVE HUJhAUI KAGA 25/334 30/8 16/9 18/9 21/9 22/9 I. Ml NI3TVOBND TOKIO EXPRESS 07/135 3/9 12/9 26/9 22/9 21/9 PORT KEIANG PENANG LEVERKUSEN EXPRESS 08/335 6/9 23/9 25/9 28/9 29/9 CAMO TO W/COHTWHT KITANO 15/136 10/9 19/9 3/10
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      454 40 ocT<a>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-B AN JUL-BISSAU-LUANDA-BATA Feeder Ve»»el ETA BIN VILLE DE TITANA 03/09 ORIENTAL KNIGHT 12/09 VILLE DE TUCANA 19/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE ItSStl swift m LOADMG foil AfITAH GRtSHN ¥.1B 00/09 99/09 QWtCT SERVICE COLOMBO.
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      1559 40 I RH mum rnxmrn S REGULAR INDEPENDENT FULL CONTAINER SERVICE I I CHINA SEA 226* 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/09 30/09 1. NORASIA 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 12/10 12/10 13/10 14/10
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      2187 41 STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO MK SAIS SINGAPORE PHOM* PENH MB MiRUH VOtt Mujfi. lab. KK 21 Auj 30 Au| MtMTIS BREEZE V 9201 03 Sep 01 Sep STRAITS VENTURE W2IE Mwi, lab. KK 2S-23 Au|
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      1706 41 SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd I 43LV W VjUHidlllVi 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 -p Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number: **********0Z EXPORT IMPORT VF FL yOY pPWG -MO SM ALG SOU AWT ROT
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      689 42 CR NBR **********0-D j l"j EXPRESS SEMI CONTAINERSHIP SERVICES '1 TO EUROPE I; Wl, TOY S PORE NMM/MNUI HW»6 BMCMEN MTNEV I SHNIIATt 35N6 17/9 20/10 2C/10 30/10 4/11 1/ KUTJU 2«MB if 10 0/11 15/11 20/11 23/11 It FAST TRANSIT TIME I i ACCEPTING BREAKBULK/CONTAINERISED CARGO j Sub|*ct to
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      Page 42 Advertisements Column 2
      988 42 (g) HANJIN SHIPPING tm, LM HAUL IGB OAK FW VSi lut HAUL SAV IM NYC I lummTwmc 01IE jFg OMECT 20 9 ?3 9 HARM! KUNSAN 07K 318 M EUROPE 00X «/10 9/10 11/10 I hanw TH OOS[ 6S MttCT 2/ 9 30 9 fISMGUARO BAY 210R 1/9 H. SEATTLE
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      302 42 P EVERGREEN 1 Full Container Service >9 Round-The-World East Bound (FE/CARIB/USEC/EURO/FEj M Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) <9 US WEST COAST/PNW SERVICE 9 FAR EAST/RED SEA/MEDITERRANEAN U OUTBOUND MED/RED SEA/F.E. I FAR EAST/ SRI LANKA/ INDIA/ PA KI I RTW SHIPPING (S) PTE LTD M SIA Agents: GREEN PENINSULA AGENCIES SDN
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      1355 43 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 FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 aust/inoia/pak NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL: (03) *****23 K.L.(03)
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      496 43 I m. YOUR KLIMtf FREIGHT FORWARDER S mat CUSTOMER BEHVICE: 222*111 FAX: 222 7969 aa "Am UNE: 222 02SS AIRFREIGHT: 545 <25! Penang ETD 06/09. Kaohsiung ETD 05/09 Pt Kelang ETD 06/09 Busan/Hong Kong ETD 07/09 Bangkok ETD 02/09 Japan ETD 06/09 Jakarta ETD 06/09 Madras ETD 03/09 Manila ETD
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      Page 43 Advertisements Column 3
      1190 43 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 EASTBOUNO—OttCHMONC WESTBOUND—LOMMNG TRAKSHPPED VIA ROTTERDAM vtssus vov law Iml*
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      1372 44 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD P **********0*) W W V A TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 r%| M MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD JL A 1 JL# TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana laut internusa,
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      968 44 wv,"* mU OMNT UNfS (Tf LTD -4^ :rsrrs.:r.rg,3a s»«» Crib BY AIR, LAND OR SEA.... j£gL WE TAKE ON THE WORLD FOR YOU MOF 28 AUG SYDNEY, MELBOURNE, SR'SSANEF RE MANTLE NAPIER, CHRISTCHURCH o ccD AUCKLAND WELLINGTON, LYTTLETON, NEW PLYMOUTH, N/v 28 SEP SUVA, NOUMEA, PAPEETA. APIA. LAUT CgHT^jjaiMtMAMmUCArtAama***** r
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      2086 45 ag»"lf- PACIFIC INTERNATIONAL LINES (PTE) LTD S ml fIHV 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E JAKARTA I ["BANGKOK 1 VESSEL VOYSIN BKKSIN VESSEL VOY S,N SIN ESTEBRUGGE 24N 31/9 3/9 7/9 KOTA INOAH 351 30/8 2/9 9/9 SRISAMUT (THAI FLAG) SRS32N 31/9 3/9
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      Page 45 Advertisements Column 2
      870 45 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|P GUOANG PENANG PKELANG OCEAN VSL/VOY SIN SOU (t) RTM (2) HAM (3) GOT (4) E 28/8 28/8 29/8 SELANDIA 2342 1/9 18/9 20/9 21/9 23/9 E 4/9 4/9 5/9 BENALDER 2352 8/9 25/9 27/9 28/9 30/9 D 11/9 Vl/9 12/9 TOYAMA 2362
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      226 45 NIGERIAN NATIONAL I*% SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.SO SINGAPORE 28 Sap ETA Layos 20 Oct Port Harcourt 26 Oct Calabar 30 Oct I °BSA° TRANSPORTATION M MYANMA wmm, FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kit Pen P.Gdt AVA VUSW tn Pt SM
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      2509 48 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Gun Guan Shipping Sdn Bhd Chung Chtao Shipping Sdn Bhd F.T. Global Futra Indonesia Mir Mm Cos tar Shipping Pto Ltd smppmi freight Booking Centre Sdn Bhd 53 Persiaran Raja Muda Musa 29-A Jalan Kovil HHir Jl IR
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      Page 48 Advertisements Column 2
      256 48 SAMUDEM INOONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEBT CENTRE Singapore 010S T«4»x: R*****0 Tafc *****81-3 Fax: 22S 4939, *****39 FOR BOOK MO S CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1043 29/08 (SAT) 01/09 (TUE) PRELUDE 915 IN PT 31/06 (MON) MERKUR DELTA
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      614 49 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 30/8 ROTTERDAM 30/8 HAIF A/ASHDOO/ALEXANDRIA 30/8 HAMBURG/BREMEN 30/8 MARSEILLE/FRANCE 30/8 FELIXSTOWE/UK 30/8 BARCELONA/SPAIN 30/8 LEHAVRE/ANTWERP 30/8 GENOA/ITALY 30/8 GOTHENBURG/SCANDINAVIA 30/8 LOS ANGELES/WC/IPI 30/8 SYDNEY/MELBOURNE 4/9 NEW YORK/EC 30/8 FREMANTIE/ADELAIDE 3/9 VANCOUVER 30/8 BRISBANE
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      813 49 ra RICHFIELD MARINE AGENCIES (S) PTE LTD VBl TEL: *****33 (12 Line*) SL FAX: *****15/*****03 FFB TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FO« SPORE ABYOT 29W8 04/09 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ANONEI 28WB 05/10
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      Page 49 Advertisements Column 3
      378 49 JAKARTA BANGKOK r—= gg ¥OT IM IT tBR WY EHMWM BMMMi BtNIA BHUM 41S 29/00 01/09 lARU BHUM 39H fit *Pt *ta» »>/« NANA MM ISOS 02/09 09/09 NANTA BHUM 104W S«l 29/00 W* 02/09 BtNIA BHUM 42S 09/09 00/09 PIYA BHUM*# 240N Hon 31/00 Ttai 03/09 NANA BHUM 157S
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      323 49 II muni VSL VOY SMGAPORE MADRAS ■NQATORE KS3I *0T m MM SM TK» C*a* 3M 2S-N/M U-M/IJ IHI/W neat ma 2i« jmi/» imi/m u-is/« TIGU STM 31H M-84/M 18-12/tt 1711/ M IS) SPOD 22M 17-M/H IJ-14/tJ 29-21/ M ~VSL VOY SS4GAPORE/C ALCUTT A/SMQAPORE KSSO. VOT SM CM. n» ma imcm
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      1523 50 P*tflMAC-NELS GROUPAGE I K=/V~~IPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 N P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 30/8 31/8 1/9 Hong Kong Ldn/Flx/Rdm/Ant 28/8 29/8 30/8 2/9 3/9 4/9 Hong Kong Gburg/Chagen/Shokn/Oslo 30/8 31/8 1/9 6/9
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      Page 50 Advertisements Column 2
      303 50 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SJN AKL LYT SIN PROSPECT 20S 6/9 18/9 20/9 6/10 Ni STAR 0528 18/9 30/9 2/10 18/10 PREMIER 20S 29/9 11/10 13/10 29/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER, WELLINGTON,
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      1115 50 THONG SOON UNES PTE. LTD.] Ml 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING S*GAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 •Br TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO MHvtHWkkUWWtkim I C6HTAWIB MKVI6II I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor ISTORE IICST VESSEL VOT SPOtt
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      867 51 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, 10* It OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADMG. WeVEVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBULK/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOM. TOKYO*, MANIA*, DAVAO*. Penani* P. Kti*i{ Singapore
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      528 51 icaa jssl. N.AMERICA/CARRIBEAN SERVICES VESSEL |vOT SH ktASSUR VOT LAI RSI W WTC A VESSEL 29/8 91 AMOCA 8E 23/9 2/10 8/10 8/10 10/10 m STDNET 12IE 29/8 2M SAVAMUH 18E 1/10 10/10 14/10 18/10 18/10 M VEM2IA 10X 13/9 W lAPAN X 12/10 21/10 29/10 27/10 29/10 JItOKTO 175E
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      679 51 MULTt-MOOE SHAPING PTE LTD II MIDDLE-EAST/PERSIAN GULF accepting fcl/lcl DUBAI DAMMAN SHARIAH DOHA. MUSCAT. BAHRAIN ABU OHABI. BANOAR ABBAS. KOOAH FAR EAST ACCEPTING FCL/LCL P£NANG P/KELANG. JAKARTA BANGKOK HONG KONG. TAIWAN IAPAN. MANIA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON. FELIXSTOWE. LEEDS. TILBURY, ABERDEEN. LE HARVE. HAMBURG ROTTEROAM. ANTWEP GOTHENBURG. COPENHAGEN 4
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      438 51 IhiUHWIBJMMM 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 MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAR6O BOOKING LUCKY TRANSPORT I FREIGHT CO
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      440 51 SM PM EAST 31/8 KEELUNG/KAOHSIUNG 2/9 BANGKOK 3/9 MANILA/CEBU 30/8 JAKARTA/BELAWAN/SURABAYA 31/8 PORT KEIANG/PENANG/E. Malaysia 31/8 BUSAN 3/9 TOKYO/YOKO/KOBE/NGO/OSA 7/9 HONG KONG SM CHINA 7/9 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN SHANT OU DAUAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 5/9 LDN/FLX/LVP/SOU 5/9 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech.
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      752 52 ECONOLINES I 1 We deUver 2040 points throughout 17 We provide weekly consolidations to 32 countries In conformity with 13 imcotenns Discharging ports at own Bonded Warehouse total demands In shipping for carrying your with in house customs service and Koutier goods from door to door trucks for home deliveries
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      395 52 Eonterm! sjjp J CONTERM FREIGHT (F.E.) PTE LTD. i, AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 6 SEPTEMBER I ACCEPTING TO ALL PORTS IN NEW ZEALAND B BANGKOK 30 AUG I JAKARTA 31 AUG I PENANG 31 AUG I POUT KELANG 3 SIPT I FREMANTLE 3 SEPT MELBOURNE 4 SEPT SYDNEY 4 SEPT
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      577 52 Sailings^ 3 feSf 6/09/92 Colombo 7/09/92 "uSA** fk Singapore Tel: 778 6522 Omk Fax: 779 2738 Johore Tel: 07-*****8 Fax: 07-*****3 Alfred Ng ■■■L— 7&4AtS~Z./Af/C y a «i A 1 COKTAIKiR \-rr\ R 0 b 0 A RO-RO SERVICE LLi !HE NATIONAL SHK C l CO OF SABDi AKAiIA ■»—fcr
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      Page 52 Advertisements Column 4
      362 52 Vfrl CHINESE-POLISH WA JOINT STOCK SHIPPING CO 1 A COHTMNER/BREAKBULK 18. PRUS V.25 4/9 ROTTOtOAM/HAMBURG/GOYfIA LUBAN V.SI 1/9 CASABLANCA ÜBAI V.22 23/9 HUANGPU/XMGANG/SHANGHAI BALTIC FAR EAST SHIPPING PTE LTD 2 MtSTRI ROM) #10 00, HMC BULOMG, STORE 0207 TEL: *****69 FAX: *****09 TLX: RS ***** BAIfES OEL OR,ENT EXPRESS LINES
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      89 53 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS t 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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      159 53 WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE PORTS WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTRIA HUNGARY RUSSIA BELGIUM BELAUD SWITZERLAND BULGARIA ITALY Xt'" DENMARK NORWAY SWEDEN FINLAND NETHERLANDS TURKEY FRANCE PORTUGAL TCCHECHOSLOVAKIA GREECE POLAND UNITED KINGDOM GERMANY ROMANIA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LIME 273-0466 I YUSEN SEACARGO
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  • Page 53 Miscellaneous
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      437 53 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOW 0000 0100 0200 0300 0400 0500 MOO 0700 0100 0900 *************************600 1700 UN 1900 2000 21M 2200 2300 JR 3.0 15 18 1.1 06 03 02 04 08 16 2.3 26 26 2.4 19 1.3 08 06 06 08 1.3 2.0
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      584 54 W&V LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE
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      531 54 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/09 Rotl«rdam/Antw«rp CH»iA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: TRANS ASEAN 15/09 20/09 Huangpu/Ooangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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      526 54 Qu^phou LCL FCL Express Service to Most For more information. Competitive rates and reliable serviced I CttBCOfLOpTiLTo Call Our Customer Service At Tei:227-4788. SKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 StA Building, Singapore 0106 Singapore Tel: *****79 Fax; *****82 Tlx: RS *****SKHNVO Johore Baru Tel: 07-*****8 Fax: 07-*****2 Port
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      1082 55 I HYUNDAI I I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PKE-f- SIN RTM AMT« LEH* HAM Bttt Ftl I H. EXTIORER 301W 2J/0S 28/08 30/08 18/09 18/09 19/09 19/09 19/09 22/09 SI MDEPEIVENCE 301# 11/09 11/09 13/09 02/10 02/10 03/10 03/10 03/10 06/10 H. FRONTER 301W 25/09
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      540 55 bj j i mLimrrmrsnw -jmim 11 STRAITS/ JAPAN/ STRAITS SERVICE I f SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSELS I f VI SSI L Wt v n RK u I AHUM 17 SID 21/1 II uu him m ■rr I imu u i/» I SMARA I 2 II
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      890 55 JEDDAH/UK/CONTNENT STONE |I 0 S TON HVMG ADAM UH •Mu Carte ftr. RACA 29/334 31/1 14/9 11/9 21/9 22/9 Saithanptofl KM IK dnlnjtai Mhl mR MM lORB IV #7/135 3/9 12/9 24/9 22/9 21/9 Rotted*. :It M Antwop Amsterdam. OM. HdM UWRRUSW 10*SS 01/339 (/I 23/9 25/9 21/9 29/9 SwHimMm
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      100 56 vM Every Saturday in Business Times It could be a controversial deal between two stock J market stars, a thought-provoking report by I 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
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      9 56 B faf yyKiß Jrm BW'l J\ g L•' INVESTMENT
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