The Business Times, 8 September 1992

Total Pages: 50
1 50 The Business Times
  • 17 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Tuesday, September 8, 1992 75 c
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  • NEWS SUMMARY
    • 77 1 HONGKONG The Jardine Matheson Group, Hongkong's oldest business conglomerate, announced yesterday that its five main companies have transferred their primary share listings from the local bourse to the London Stock Exchange. The companies arc parent company Jardine Matheson Holdings Ltd; its holding company,
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    • 71 1 JOHANNESBURG Security forces in the black homeland of Ciskei opened fire yesterday on African National Congress (ANC) supporters protesting against the military government. At least 15 people died and 187 were injured, officials said. The shooting threatened to deepen the political crisis that has
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    • 37 1 SENIOR officials of the 15member Asia-Pacific Economic Cooperation (Apec) forum have agreed on a procedure to help their ministers decide which of the four locations being offered will host the forum's secretariat Page 2
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    • 27 1 SINGAPORE businessmen are still dominating Cambodia's foreign trade. They are still the country's biggest trading partners easily outstripping rivals from Hongkong and Thailand Page 3
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    • 31 1 VIETNAM is committed to its open-door economic policy, in the wake of warnings from the military about the dangers of peaceful evolution, says a senior official Page 8
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    • 32 1 CANADIAN software firm Softimage Inc, which will officially open its latest office in Singapore, is aiming its products at video post-production firms, architects, electronic publishers and broadcasting stations Page 16
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    • 27 1 US liner major American President Lines (APL) is taking a short-cut to establishing a presence on the Far East-Europe trade route. Shipping Times Page I
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  • MARKETS SUMMARY
    • 45 1 LONDON share priccs rose in midday trading yesterday. At 1130 GMT, the FTSE Index of 100 leading shares was up 22.6 points to 2,384.8 points, having earlier shown a loss of 3.9 points. The US market was closed yesterday for Labour Day holiday
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    • 27 1 FRENCH bank Societe Generale has bought a 30 per cent stake each in Crosby Securities International Holdings Ltd and Crosby US Holdings Ltd. Page 4
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    • 40 1 UNITED Industrial Corporation Ltd has reached in-princi-ple agreement to sell its hotel development interests in Thailand. The sale will yield an extraordinary gain of $35 million which will be used to reduce UlC's bank borrowings. Page 4
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    • 21 1 SEMBAWANG group is considering expanding its presence in the Middle East by operating a dockyard in Yemen Page 4
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    • 31 1 CAPITAL inflows, Malaysia's broad M-3 money supply, surged 20 per cent in the first half of 1992 compared with 15.3 per cent for calendar 1991 Page 7
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    • 35 1 London Gold AM fix US$343.25 US$+1.95 Rubber S pore Oct.... 137.25'/kg +0.25 M'sia Oct 215.50«/kg unch KL Tin Turnover 34tonnes -3 Spot M$16.55/kg -0.05 Crude palm oil Turnover *****ots +35 Sep M$865 /tonne +8
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    • Article, Illustration
      29 1 Monday Change BT-MGA 660.24 +0.04 Kuala Lumpur ....584.84 +3.67 Tokyo 18.440.18 -115.12 Hongkong 5.664.41 -43.1 Sydney 1.514.9 -15.4 Friday Change New York 3.281.93 -10.27 London 2.362.2 -19.7
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    • 23 1 Exchange rates us$ S$ 1.5950 100 Yen S$ 1.2925 M5 S$ 0.6397 Money market rates Overnight 3/4 unch 3-month 1 7/8 -1/8
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  • 587 1  -  But some caution against losing sight of opportunities in rest of the world By BT Reporters SINGAPORE The government is right to narrow its globalisation drive to the region, the business community said yesterday. But some businessmen cautioned that Singapore should not lose sight
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  • 478 1  -  S'pore trade mission pledges 180 m in initial investments From SN Vasuki in MANILA PHILIPPINE President Fidel Ramos has invited Singapore investments in the energy and transportation sectors and asserted that "short of fighting Mother Nature," his administration is doing everything it can to make
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  • 496 1  -  Air force brass make way for new chairman, president From Loh Hui Yin in BANGKOK THE OUTGOING Anand government scored a victory yesterday when civilians were appointed to the top posts in Thai Airways International, breaking the military's traditional hold on the
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  • 114 1 Knight-Ridder MANILA The Philippine Monetary Board will ask Congress to allow foreign banks to open retail branches here, ending nearly five decades of restrictions, central bank governor Jose Cuisia said yesterday. The board intends to sub- mit authorising legislation to Congress this year, said
    Knight-Ridder  -  114 words
  • 319 1  -  From Yang Razali Kassim in JAKARTA THE government fine-tunes its economic policy all the time, with a fundamental review every five to 10 years to re-assess the direction of the economy, says Prime Minister Goh Chok Tong. This major review
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  • Page 1 Advertisements
    • 178 1 Nikon The World's Finest Photographic System. Aircraft Schedule 29 Interbank Fore* Rates 27 TV Racko 12 Commodities 28 Jkt/Bkk/Chma Stocks 24 Unit Trusts 21 Company News 4-6 Money Changer Rates 29 Weather 29 Cryptic Crossword 29 Money Market 27 World News 9 Editorial 10 Regional News 8 Financial News 7
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    • 22 1 Hock Lock Siew: Bridgepoint deal an opportunity lost for Asia Pacific Breweries, Pg 4 Flexiwage component poses problem for hotels, Pg 2
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    • 95 1 Nikon The World's Finest Photographic System. Govt still welcomes alternative views, Pg 2 JSL BlancpaiN ||v The ultM shm watch Since 1735 there has NEVER BEEN A QUARTZ BLANCPAIN WATCH. AND THERE NEVER WILL BE. Singapore THF. HOUR GLASS Luc*t> Pt«ua Tei 7U;4?ai Staffs Tel 2IW2T/TI9H Centrepoint TH 7*4IVNUftOI Peninsula
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    • 3 1 Editorial, Pg 10
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  • PAGE 2 NEWS
    • 665 2  -  Talks with union on issue virtually stalled By Anna Teo SINGAPORE Hotels are waiting for each other to find a way out of a problem that has arisen from the flexible wage scheme they adopted four years ago. Negotiations with the Food Drinks Allied
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    • 643 2  -  Interview with Prime Minister Goh Chok Tong But leakage of classified government information will not be tolerated Reports by Yang Razali Kassim in JAKARTA THE Singapore government remains committed to giving vent to alternative views but will not tolerate an administration that is "leaking all
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    • 87 2 SINGAPORE The six new Nominated Members of Parliament (NMPs) received their Instruments of Appointment from President Wee Kim Wee in a ceremony at the Istana yesterday. The six two businessmen, two doctors, an academic and a unionist represent a range of sectors and interests. Pictured
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    • 253 2 NOMINATED MEMBERS of Parliament are not meant to represent any ethnic or linguistic group, Prime Minister Goh Chok Tong told Singapore journalists last Saturday. The aim of the NMP scheme is to let the public, including associations and functional groups, nominate
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    • 164 2 THE PROMISED byelection is coming closer, says Prime Minister Goh Chok Tong. But, he added, this was simply "because March is coming closer". "When I think I should call a by-election, I will call a by-election. And I've
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    • 346 2  -  The Apec forum S'pore's bid rests on good infrastructure, efficiency From Loh Hui Yin in BANGKOK SENIOR officials of the 15member Asia-Pacific Economic Cooperation (Apec) forum have agreed on a procedure to help their ministers decide which of the four locations being offered
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    • 516 3  -  Private investors also flocking to Phnom Penh By Harish Mehta SINGAPORE Singapore businessmen continue to dominate Cambodia's foreign trade. Official sources in the Indochinese nation say Singaporeans are by far its biggest trading partners easily outstripping rivals from Hongkong and Thailand. Singaporeans are also
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    • 179 3  -  By Lilian Ang SINGAPORE US-based Dow Chemical has been granted both Approved International Trader (AIT) and Finance and Treasury Centre (FTC) status, making it the first diversified chemical group to attain these tax incentive schemes simultaneously. The schemes, which basically allow Dow Chemical to
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    • 144 3 SINGAPORE The Approved International Trader (AIT) scheme administered by the Trade Development Board has grown within two-and-a-half years to include 22 companies. The growth reflects that of the Approved Oil Trader (AOT) scheme, started in 1988, which now includes 48 companies. Today, the 22
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    • 444 3  -  From Maggie Ford in JAKARTA THE INDONESIAN parliament is asking several ministers to explain the policy on employment of foreign workers, after rejecting an apology offered by the Sinar Mas conglomerate which has imported 700 Chinese technicians to install two new
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    • 417 3 SINGAPORE Builder Lum Chang has emerged as Singapore's biggest construction company for the seventh year running, even though its turnover fell slightly. Figures released by the Construction Industry Development Board (CIDB) show that the total turnover of the top 20 local
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    • 151 3 SINGAPORE AEG AG, the German electrical and electronics group whose subsidiary built the Sky Train at Changi Airport, expects its sales ui the South-east Asian region to jump fourfold to $1 billion over the next four to five years. With the region's
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  • Page 2 Advertisements
    • 143 2 Analysis, Pg 11 When is a bonus a bonus? Flexiwage how the public and private sectors differ For a free If you've always thought that dining at The New Orleans was a unique Brunch at experience, we've just made it an unforgettable one. Because from The New Orleans 15 August
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  • Page 3 Advertisements
    • 438 3 |aj£jaj National University of Ireland Dublin 1908 Bachelor of Financial Services ■■■■2nd Intake January 1993 Correspondence Study Programme Structure Contents The BFS Advantages 12 modules presented aver 18 months as fallows Directed progress, as opposed to the traditional a independent correspondence mode Accomtmg Finance f 2 subjects every three months
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 89 4 SINGAPORE Java Marine Lines Ptc Ltd (JML), a subsidiary of listed Jaya Holdings Ltd, has secured a five-year contract worth 512.42 million with the Port of Singapore Authority (PSA). The contract takes effect from November 1993 and entails the charter of three units of
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      • 55 4 SINGAPORE Inno-Pacific Holdings announced that Mr Ong Chin Chye has resigned as a director of the company with effect from last Friday. Mr Ong, who has less than 5 per cent shareholding in the total issued and paid-up share capital of Innovest Bhd, was appointed a non-executive
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      • 41 4 SINGAPORE THE Stock Exchange of Singapore has granted in-principle approval for Shangri-La Hotel's proposed listing of $100 million unsecured bonds due 1997 with 22.5 million detachable warrants to subscribe for new ordinary shares of $1 each.
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      • 56 4 KUALA LUMPUR Suleiman Abdul Manan, a substantial shareholder of Taiping Consolidated Bhd, intends to retain the listing of the company on the Kuala Lumpur Stock Exchange on completion of his takeover offer. This would enable the existing shareholders of TCB to continue to hold shares
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    • 137 4 SINGAPORE Jack ChiaMPH Ltd has increased its stake in Bousteadco to 82.5 per cent after receiving acceptances for 5.64 million ordinary shares of $1 each from its general offer. On behalf of JC-MPH, Baring Brothers Co yesterday announced that the shares represented 17.1
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    • 269 4 SINGAPORE Gipsal Industries (Holdings) Ltd yesterday made a strong debut on the Singapore stock exchange. At midday, the share price of Gipsal the holding company of the electrical division of Hongkong's Gold Peak Group had climbed to US$2.9O. It finally
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    • 434 4  -  Bank has option to raise holdings to 49pc in next few months By Quak Hiang Whai SINGAPORE French bank Societe Generale has bought a 30 per cent stake each in Crosby Securities International Holdings Ltd and Crosby US Holdings Ltd, two new
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    • 384 4  -  By Genevieve Cua SINGAPORE In a further bid to trim its massive debt, United Industrial Corporation Ltd has reached in-prin-ciple agreement to sell its hotel in Thailand. The sale of associate companies Moblex-UIC and Relax Beach whose principal asset is the 470-room
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    • 249 4 SINGAPORE Hotel Grand Central and Sea View Hotel both posted good results yesterday. But their views on future prospects differ. Investment and other income lifted the results of both hotels, which improved despite almost flat turnover. Sea View, reporting fullyear results to
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    • 358 4  -  By Ragita Elias, Leslie Yee SINGAPORE Marinebased Sembawang group, already a major force in international shiprepair, is considering expanding its presence in the Middle East by operating a dockyard in Yemen. This was disclosed at a press briefing yesterday by Yemen Prime
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    • 210 4 SINGAPORE Centrepoint Properties Lid said yesterday it planned to develop an industrial project in Sembawang. The project will be on a 10-acre (four-hectare) Sembawang Road site occupied by the Semangat Ayer factory, which used to produce Seletaris mineral water. News of the development
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    • 684 4  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE Did its decision to keep to a strategic direction cost Asia Pacific Breweries (APB) a good deal? This appears to be the case for APB which didn't take up an opportunity
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    • 672 5 Reuter SEOUL The bear is alive and well in Seoul's stock market, and reports of its demise are premature, stock brokers and analysts say. A 13.38 per cent surge in the past fortnight was merely a blip and does not signal the
      Reuter  -  672 words
    • 278 5  -  From Al Labita in MANILA PUREFOODS Corp, a subsidiary of the Philippines' Ayala Group, and Sinar Mas, Indonesia's third-largest conglomerate, have formed a joint venture company to process tuna for export to Japan, the United States and Europe. The 50-50
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    • 222 5 Reuter MANILA Two Taiwanese groups have planned a combined investment of US$l.6 billion (552.5 billion) in the Philippines, a sign of confidence in the country's political and investment climate, Taiwan's chief representative in Manila Liu Po Lun said yesterday. He said Taiwan's Tuntex Group
      Reuter  -  222 words
    • 230 5 Reuter HONGKONG Bangkok Transit System Corp (BTSC), a unit of Tanayong Co Ltd, has signed an agreement with Salomon Brothers International Ltd to advise it on financing a 20 billion baht (about SSI.3 billion) elevated rail project in Bangkok. The Bangkok Metropolitan
      Reuter  -  230 words
    • 319 5 USs3om invested to develop Dalian beach resort AFP BEIJING The Chinese government and Hongkong's Allied Group have created the first joint venture aimed at developing China's tourist potential, the China Daily said yesterday. Allied and the China International Yacht Club have invested
      AFP  -  319 words
    • COMPANY BRIEFS
      • 73 6 BEIJING IBM has set up a wholly-owned subsidiary in China, IBM China Company Limited, in a move aimed at expanding its business here, it was announced yesterday. The new company will assume part ownership of IBM's two joint ventures in Shenzhen and Tianjin International
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      • 67 6 TAIPEI A television tube maker has applied to the Taiwanese government for permission to set up a US$26 million (5541.6 million) factory in China, which would be the largest known Taiwanese investment there. Chung Hwa Picture Tubes Ltd, an affiliate of major electrical appliance maker
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      • 76 6 SYDNEY Australian building materials and energy group Boral reported yesterday a 28 per cent drop in net profit to Asls2 million (S$ 174.8 million) in what it said had been "one of the most difficult" years for the industry. Announcing what they described as "a
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      • 65 6 HONGKONG Innovisions Holdings Ltd, an optical products retailer, has sold a 13-storey building in Hongkong's Central District for HK.557.5 million (5511.9 million) to the unlisted Thompson Development Co. Innovisions, 58.7 per cent-owned by Dickson Concepts Ltd, said yesterday that the sale strengthened its financial position so that
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    • 197 6 AFP MELBOURNE Australia's Tricontinental bank collapsed in 1989 with irrecoverable losses of A 52.5 billion (552.9 billion) due to "ordinary human failings", a royal commission has found. It failed not because "of anything that could be called criminal", but because of careless risk-taking,
      AFP  -  197 words
    • 303 6 Proposal defeats liberalisation policies: bourse chiefs Bloomberg NEW DELHI Presidents of Indian stock exchanges have unanimously opposed a Securities and Exchange Board of India (Sebi) proposal that 60 per cent of directors of exchanges should be non-brokers. The presidents of 17 stock
      Bloomberg  -  303 words
    • 277 6 Reuter MELBOURNE Mining and forestry group North Broken Hill Peko Ltd said the world recession will continue to alTect its results in the 1992-93 year ending June 30. NBH Peko earlier reported a lower equity net profit for 1991-92 of A 560.67
      Reuter  -  277 words
    • 435 6 Reuter PARIS Euro Disney SCA, welcoming its six millionth visitor, has announced that attendance at its new theme park has picked up smartly after a sluggish start. But the company said last week that it still expected to post a loss for the
      Reuter  -  435 words
    • 280 6 Bloomberg LONDON Pentland Group pic earned pre-tax profit of £19.7 million (5562.2 million) in the first half of 1992, up from £6.0 million a year earlier. The UK sportswear supplier said in a statement it will pay a first-half dividend of 1.04 pence
      Bloomberg  -  280 words
  • Page 4 Advertisements
    • 184 4 I IN THE MARKET PAGES" Singapore shares firm 19 China markets still sliding 24 THE 24TH SINGAPORE INTERNATIONAL FESTIVAL OF BOOKS AND BOOK FAIR 92 The Book Fair with many attractions, discounts gifts fUJU/BtnUMtHnMinM ®v Qr 1 60.000 latest titles in English, Chinese, Malay, Tamil, French, Japanese and other languages
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  • Page 5 Advertisements
    • 179 5 Within the spacious interior of the new Jaguar XJ6, all is distinctive luxuiy and comfort. Sumptuous, hand-sewn leather upholstery and mirror-polished walnut veneers convey all the richness and elegance you would expect of the world's most sought-after marque. Such uncompromising quality is fully matched by the choice of 3.2 and
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  • Page 6 Advertisements
    • 545 6 Il SRI LANKA BUSINESS WEEK IN SINGAPORE I I AN INTRODUCTION TO THE PROFIT CENTRE OF ASIA I 28TH SEPTEMBER 3RD OCTOBER 1992 I HOTEL MANDARIN SINGAPORE I supported by the Trade Development Board of Singapore will be held on 30th September, as part of EXPORT SECTOR TOURISM SECTOR INFRASTRUCTURE
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  • FINANCIAL NEWS
    • 336 7 Reuter KUALA LUMPUR Urge inflows of foreign funds attracted by high local interest rates have made Malaysia's tight monetary management more difficult, the governor of the central bank, Bank Negara, Jaffar Hussein said yesterday. "The process of mopping up the liquidity associated with the
      Reuter  -  336 words
    • 539 7  -  THE SANG KANCIL By Quak Hiang Whai The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by jutures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index Jutures.
      Chart by Knight-Ridder  -  539 words
    • SMALL CHANGE
      • 66 7 TOKYO Japan's Finance Ministry will allow one per cent of principal of loan trust funds at trust banks to be invested in equities, effective yesterday, a MOF official said. The move is aimed at stimulating stock trading in Japan and meeting demand from trust banks
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      • 68 7 TOKYO The Osaka Securities Exchange and Tokyo Stock Exchange will cut the time interval between changes in bid/ask quotes for futures contracts when futures cannot keep up with changes in cash stock prices, the exchanges said. Currently, quotes for Nikkei-225 futures can move 30 points
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      • 72 7 DHAKA Bangladesh Finance Minister Saifur Rahman has asked the country's state-owned commercial banks to step in and resuscitate industries forced out of business over the last two years after running out of money. "Even if 50 per cent of the sick units could be
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      • 40 7 TOKYO Industrial Bank of Japan Ltd (IBJ) said it plans to freeze its local branch network after setting up a new branch in Chiba in central Japan next year. It has 30 domestic branches now.
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    • 242 7  -  By Soh Tiang Keng SINGAPORE Bank of China's US$l5O million (Ss24o million) floating rate note (FRN) issue the first international debt syndication deal arranged by Singapore's Big Four local banks has been twice subscribed. Because of this strong response,
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    • 222 7 AFP KUALA LUMPUR Commercial banks in many AsiaPacific countries are grappling with a staff shortage as financial sectors expand to keep pace with rapid industrialisation, regional bankers say. The shortage is more prevalent in the booming ex-port-oriented South-east Asian countries where banks have resorted
      AFP  -  222 words
  • Page 7 Advertisements
    • 205 7 IJ I y I L J folks The Army lived with Headquarters ■TWrl I 1 J fcl BIH on Clemenceau Avenue was was as a JI I J I |T|| I J monument because extraordinary a problem for the to be In The Army to the move to a new
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  • THE REGION
    • NOTE BOOK
      • 81 8 JAKARTA World demand for oil is rising less than expected and some Opec states want to keep the group's lid on production to prop up prices, Indonesian Mines and Energy Minister Ginanjar Kartasasmita said yesterday. "We still want to achieve the level 0f...
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      • 60 8 KOTA KINABALU The immigration ruling requiring all Malaysians, including those from Sarawak and Labuan, entering Sabah to produce their passports was made on security grounds, Sabah Chief Minister Joseph Pairin Kitingan said yesterday. It was to regulate the entry of unwanted elements such as criminals, drug traffickers,
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      • 40 8 CANBERRA The Emir of Kuwait, Sheikh Jaber al-Ah-med al-Sabah (right), smiling as he is led by Australian Governor-General Bill Hayden upon his arrival yesterday. His visit is in recognition of Australia's role in the Gulf War.
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      • 36 8 MANILA President Fidel Ramos yesterday gave the go-ahead to formal peace negotiations with communist insurgents after exploratory talks in Europe, but said the next round must be held in the Philippines.
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    • 435 8 Senior govt official reassures foreign investors AFP HANOI A senior official reassured foreign investors yesterday that Vietnam was committed to its open-door economic policy, in the wake of warnings from the military about the dangers of "peaceful evolution". "The Vietnamese government considers attracting
      AFP  -  435 words
    • 199 8 Reuter HANOI General Vo Nguyen Giap, the military mastermind behind Vietnam's defeat of the French and later the Americans, is urging Washington to lift its embargo, normalise relations with Hanoi and help rebuild the shattered country. He said that he would even
      Reuter  -  199 words
    • 242 8 Reuter KUALA LUMPUR Japan and Malaysia will urge the United States and its partners not to turn the North American Free Trade Agreement (Nafta) into a protective trading bloc, Japan's Minister for International Trade and Industry, Kozo Watanabe, said yesterday. The tough
      Reuter  -  242 words
    • 253 8 Bernama KUALA LUMPUR Malaysia's Permanent Representative to the United Nations Razali Ismail yesterday recommended the early formation of a National Council on Environment, headed preferably by Prime Minister Mahathir Mohamad. He said this was necessary in order to implement, at the national level, the
      Bernama  -  253 words
  • Page 8 Advertisements
    • 157 8 SELLING ON CREDIT COUU) TURN YOUR CASH FLOW INTO FROZEN ASSETS Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be frozen in accounts receivables, restricting your company's growth. This is where International
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    • 203 8 1 MACQUARIE UNIVERSITY MASTER OF APPLIED FINANCE is now MvmUable in Singapore The Master of Applied Finance is unlike any other MBA Taught by Maequarie University's qualified faculty fan its Centre for Studies in Money, Banking and Finance, and supported in tutorials by industry practitaonets in Singapore, this Master's Course
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  • THE WORLD
    • 420 9 Central bank unlikely to cut rate in response Reuter TOKYO A key Bank of Japan (BOJ) report due out on Friday is all but certain to show that Japanese corporate confidence slumped last month, but the central bank is unlikely to be
      Reuter  -  420 words
    • 474 9 Reuter BEIJING China's everaccelerating pace of economic growth is beginning to resemble an express train, and many officials are worried it may have lost its ability to brake, an official newspaper said yesterday. "How long can our current fast speed of economic growth continue?
      Reuter  -  474 words
    • 311 9 AFP HONGKONG Gatt is ready to give the go-ahead for consideration of Taiwan's candidacy of the international trade regulatory body even though there is still no movement on Beijing's application, submitted in 1986, a well-informed source said here. Arthur Dunkel, directorgeneral of the General
      AFP  -  311 words
    • 165 9 Reuter BAGHDAD The head of the latest UN team charged with destroying Iraq's nuclear weapons capability said yesterday Baghdad still had to do more to satisfy the terms of the Gulf War ceasefire. Maurizio Zifferero, deputy head of the V ienna-based International Atomic
      Reuter  -  165 words
    • WORLD WATCH
      • 103 9 TAIPEI Cash-rich Taiwanese spent a record USS3.S billion (555.6 billion) on overseas travel in the first half of this year, up 35 per cent from the same period last year. "This is due to the strong Taiwan dollar and rising personal income. People are
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      • 96 9 COPENHAGEN Danish Prime Minister Poul Schluter favours the holding of a second referendum in the first half of next year on relations between Denmark and the European Community. "Such a consultation would have to be held on a new basis, other than that of the Maastricht
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      • 84 9 LONDON Israeli Foreign Minister Shimon Peres has told the Financial Times that the Palestinians at the Middle East peace talks "want a child without a pregnancy" namely independence with no transition period. He said Israel had proposed a five-year transitional period of autonomous rule in the
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      • 69 9 BEIRUT The pro-Iranian Hizbollah (Party of God) is likely to control the biggest single bloc in the Lebanese Parliament after scoring sweeping victories in the country's first election in 20 years. Hizbollah and its pro-Syrian allies were well ahead of their political opponents in
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  • Page 9 Advertisements
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  • 510 10 EDITORIAL TO MANY Singaporeans, it must have come as a surprise. So soon after he spoke of the need to compete in the super league of economies, here was Prime Minister Goh Chok Tong saying that Singapore should now hone its globalisation strategy and focus on
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  • WHAT THE OTHERS SAY
    • 314 10 WHAT has been the outlook in the two months since Fidel Ramos became president? Ever since he told his people at his inauguration that "our nation is in trouble and there are no easy answers, no easy fixes...", he has set about, firstly, stimulating investment and
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    • 115 10 It IS NOT EASY to implement the baku or standard pronunciation in Malay. Hence, the statement by Minister of State (Education) Sidek Saniff that his ministry will not be rushing to implement the system in schools is a welcome move. While baku can help to further strengthen
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    • 84 10 THE RECENT RESPONSE to donations for the CDAC should reinforce the mutual trust and understanding between the government and the Chinese community. If, for various reasons, there were indeed barriers between them in the past, these barriers are obviously disappearing. If there was indeed a time in the
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  • REGIONAL VIEWPOINTS
    • 156 10 WHEN the government began promoting tourism as an industry there was considerable concern over the impact of negative foreign influences that could pollute Malaysia's culture, heritage and standards of behaviour. Careful supervision by the government has kept such influences to a minimum and put to rest much of
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    • 161 10 WORD OF MOUTH can be the most effective or the most lethal means of promoting or destroying the country's image. Our tourism officials should pay heed to the complaints of tourists as well as ensure that claims made in the brochures are accurate. While encouraging tourists
      161 words
    • 156 10 WITH A MONTH to go before his pivotal maiden speech to the Legislative Council on Oct 7, Governor Chris Patten will not be short of topics to discuss with his friends and former House of Commons colleague, Alastair Goodlad, who arrived in the territory yesterday. The
      156 words
  • 1121 10  -  Whatever the outcome of the French vote on the Maastricht Treaty, Neville Stack feels the essence of the Community will remain Neville Stack The writer is a London-based journalist who contributes to BT THE French have a saying "The more things change, the
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  • Page 10 Advertisements
    • 67 10 A BOID DEVELOPMENT jk *rW ■4 4 <£ f ■Hj^iniSuTrrflMHHlMMK^^l HB^^Hwt^wlSßSl^l 11 B:j Mmm fix.- »-i:-- Jm Easy access via ECP and AYE 5-minute walk from Taiyong Pagar MKT Column-free office I Q space Computerised building management r?^s» system Conference facility High speed lifts %> Ample carpark lots OFFICES FOR
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  • Page 10 Miscellaneous

  • ANALYSIS
    • 1362 11  -  Some employers thought that three months' bonus for civil servants was rather out of line. But so is any straight comparison between the public and private sectors' wage systems. Anna Teo reports Anna Teo IF you can't convince them, confuse them. Some employers may
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    • 1156 11 Flexiwage how the public and private sectors differ The civil services flexible wage system was implemented on July 1, 1988, following the recommendations of the National Wages Council sub-committee on wage reform. It comprises four components: Basic salary, with fixed annual service increments for timescale officers but none for superscale
      1,156 words
  • Page 11 Advertisements
    • 76 11 8 THERE'S MORE I RF.IVAITT.T j&; .'i r *M^wS >Is.*SBSss» p'v' V'— B 2850 cc, V 6 Full injection, Anti-lock braking system Power seats lumbar adjustment, On board -j& computer, Tilt Steering, IB i;>y Voice Synthesizer Warning B System and Foctory Installed M^^P n '4 Stereo witfi Stalk Control. aßSfoigSy
      76 words

  • Page 12 Advertisements
    • 223 12 Nothing Beats A BucLlft^rfl OF A "Heavenly" Feast From 21 Aug to 20 Sept, order the $388++ set menu and receive one complimentary bottle of courvoisicr FCN. The spread includes Shark's Fin with Crabmeat, Smoked Salmon, New Zealand venison with ginger and spring onion, and much more. Call 739 3193
      223 words
    • 266 12 I presents for thefif^^^nSingapor^^^M^MQ The legendary quintet that gave you such hits as The Great Pretender", Only You' and many others. Join us for an evening of nostalgia and fine entertainment, plus the chance to win a tnp to Pans and another to Rome. 7.30 pm, Thursday 17th September 1992.
      266 words
    • 251 12 WHERE TO WINE, DINE... I JOIN IDE PUSHEIS I v AND HAVE A Mil Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at $3 a glass and $12 a jug are about
      251 words
    • 318 12 M> v zj jW. V ,JK -V fc. DAILY AT PINTCOURT^^H AmNE?' You'll en|oy our delicious selection of authentic Beijing Dian Xln served amidst the splendour of an Imperial Court. May we expect you today? f From noon to 2.30 pm. nu/x I Ala carte menu available. BfliQ] v -//jmdarw
      318 words
  • Page 12 Miscellaneous
    • 717 12 TELEVISION AND RADIO "1 *"1 QRPI9 Malibu. But he has to solve 1-30 Gado-Cado. ON RADitt Krn 1/PH TQtnl I \7 ,he personal problems of the 9.00 Sendatoka (Game Show. M). IJj% IV >II I *****% lieutenant first before he can 10.00 World News (M). wur y 7.25 PM Opening
      717 words

  • LIFESTYLE 1
    • Article, Illustration
      769 13  -  The Fischer-Spassky chess showdown was a dream come true for a Yugoslav businessman. But it is not without its nightmares, reports John Daniszewski John Daniszewski AP WITH daily outbursts from the unpredictable Fischer, Jedzimir Vasiljevic's US$5 million (SsB million) gamble at this picturesque Adriatic resort of Sveti
      AP  -  769 words
    • 528 13 CHATTERBOX THE biography of Ted Kennedy by Richard Burke, who was on the Massachusetts senator's staff for 10 years, is going to be published after all. Putnam was to have published the expose-type book, but turned it down for "legal reasons", which usually
      528 words
    • 443 13 Reuter A TRIUMPHANT skirl of the bagpipes ended the 1992 Edinburgh Festival, leaving officials and residents to count the cost and assess the benefits of the annual arts extravaganza. Festivals and events filled streets, theatres, churches and concert halls in the Scottish capital
      Reuter  -  443 words
    • 783 14  -  Nirmal Ghosh reviews City of Joy, a film that takes viewers into the slums of Calcutta Nirmal Ghosh Houston, Texas. In dramatic, ominous slowmotion, Max Loeb (Patrick Swayze), a doctor, struggles to save the life of a young girl. He fails, it is the proverbial last straw,
      783 words
    • 616 14  -  Susan Tsang finds herself enchanted by the stage Eizzazz of David Copperfield. And it's not just ecause of the hand-is-faster-than-the-eye tricks Susan Tsang THE atmosphere at the Indoor Stadium before the start of David Copperfield's performance was not very mysterious. People were trooping in five minutes late,
      616 words
  • Page 13 Advertisements
    • 186 13 AND ENTERTAIN Be§v /i~ _3L I/; frc9Hß^HhitaSdßkf^^K^ THE ORIENT EXPRESS Capture the spirit of the Orient with culinary flavours from the Chinese kitchen. At Cafe-in-the-Park Every Tuesday Buffet Lunch from 12 pm Buffet Dinner from 6.30 pm At 519.50++ per person ANAHQ f* For reservations, please call SINGAPORE 16 Nass*n
      186 words
    • 88 13 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
    • 6 13 Fischer loses Game 4, Pg 15
      6 words
    • 228 13 2|ipß Don't miss this unbeatable Lobster Promotion! Cooked in its varied ways to bring out that unique flavour, take your pick from our Chef's recommendations or our set menus from $68 (2 persdns) to $338 (10 persons). Available from 18 to 30 Sept '98 at China China Restaurant, Nishiki Restaurant
      228 words

  • Page 14 Advertisements
    • 177 14 WE TRUST CISTS WILL FIND 01 NEW ROOMS IRE COMFORTABLE. ■I We know you'll spot the two and Mischief Lounge plus restaurants I queen size beds in each newly offering exotic Japanese and Cantonese renovated room. (And if cuisines. Singapore's most I there's space for two beds, exciting street, Orchard
      177 words
    • 330 14 Who is the expatriate of the 1990'5? Hpfi What are the Issues and trends impacting expatriate management The First Regional Conference "TOWARDS A COMMON UNDERSTANDING ON EXPATRIATE MANAGEMENT' Oct 29-30, 1992 The Oriental Singapore wi focus exdusiveJy on expatriate issue* and trends of concern to pio-odivtt, expandhg local and foreign
      330 words

  • SPORTS
    • 658 15 US Open AP NEW YORK Gabriela Sabatini put in 93 per cent of her first serves and made only 10 unforced errors on Sunday, easily routing Sabine Appelmans of Belgium 6-1, 6-3 to become the first woman to move into the quarterfinals at
      AP  -  658 words
    • 549 15 AFP RIETI, Italy Nourredine Morceli's disastrous Olympic performance was forgotten on Sunday when the Algerian chopped six-hundredths of a second off Said Aouita's 1,500 metres world record. The world champion's time of 3min 28.865 ec broke a record set by the Moroccan in
      AFP  -  549 words
    • 418 15 AFP COLOMBO Skipper Arjuna Ranatunga said yesterday that Sri Lanka would play positive cricket in its bid to square the Test series against Australia during the third and final Test in suburban Moratuwa. "We will continue to play positive cricket. It's
      AFP  -  418 words
    • SIDE LINES
      • 136 15 SVETI STEVAN, Yugoslavia The rust of 20 years without formal competition showed on Sunday as Bobby Fischer lost Game 4 of his exhibition match with Boris Spassky. Fischer, in the course of building towards his own attack, underestimated a powerful sacrifice by Spassky
        136 words
      • 72 15 CRANS-SUR-SIERRE, Switzerland England's James Spence putted a 25-foot birdie on the second extra hole in a playofT against Anders Forsbrand of Sweden to win his first European Tour title in the European Masters Swiss Open on Sunday. Spence's brilliant 12 under par finale in which he
        72 words
      • 69 15 GRAND RAPIDS, Michigan Not even a double-bogey on the final hole could keep Gibby Gilbert from winning the US Senior PGA Tour's First of America Classic on Sunday. Gilbert three-putted from about 5 metres for a six on the 398-yard 18th hole to finish with a
        69 words
      • 46 15 SPRINGFIELD, Illinois Laura Davies shot an 8-under-par 64 on Sunday to take a one-shot lead after two rounds of the LPGA Rail Charity Classic. In last year's tournament, Davies tied an LPGA record for the lowest 18-hole score with a first-round 62.
        46 words
      • 93 15 BLACKPOOL, England Former world snooker champions Dennis Taylor and Joe Johnson crashed out of the Welsh Open in the third round on Sunday. Their fall from grace continued with defeats by little-known opponents, Irishman Taylor slumping 5-2 to Karl Broughton, a second-year English professional ranked 130 places
        93 words
      • 74 15 PARIS Sweden's Bjorn Waldegard won the third special section of the Paris-Beijing-Moscow rally, but Citroen teammate Pierre Lartigue was still leading the car category on Sunday, organisers said. Waldegard's triumph came in the mammoth 610 km second stage in Russia, from Tambov to Saratov, which continues this
        74 words
      • 129 15 FRANKFURT Two medical professors say that Katrin Krabbe's suspension should be lifted, as the drug which the fallen sprint idol used, Clenbuterol, is not an anabolic steroid. The move comes from Professors Arnold Becker, a London member of the International Olympic Committee's medical commission
        129 words
      • 68 15 BARCELONA Beth Scott smashed the world record she'd set just hours before and Trise ha Zom captured two gold medals as the US swimming team continued to dominate the 1992 Paralympic Games Sunday. The US won seven medals four of them gold on the third day
        68 words
  • Page 15 Advertisements
    • 322 15 A 3-day workshop conducted by I DC GARDNER International Banking Consultants Course summary: A review of developments in the Options. U Warrants Convertible markets will be made. Participants shall be given m exposure to product structure terminology, advantages as well as jjljl disadvantages to issuer investor and details of pricing
      322 words
    • 122 15 —-s Window to the World's Information Technology CENT ASIA '92 September 30 October 3,1992 Hong Kong Convention Exhibition Centre M v V". "-V-.« V v 1 •v i -..j v e Providing business solutions such as: Linking up Mac and PC Uang bar-code scanning tedinotogjr in retail, manufacturing-and* inventory control
      122 words

  • INNOVATION & TECHNOLOGY 1
    • 966 16  -  With the new school year just around the corner in the US, Peter H Lewis gives parents a few tips on how to shop for a computer Peter H Lewis NYT Adults know that personal computers can be powerful productivity enhancers in business. It would seem
      NYT  -  966 words
    • 489 16  -  Claire Leow looks at a firm which provides broadcasting animation for films and commercials Claire Leow Anyone who has seen Terminator II or Def Leppard's Let's Get Rocked video would appreciate computer animation and Canadian software firm Softimage Inc. The Def Leppard video, screened recently on
      489 words
    • 701 17  -  Instead of popping a pill for that bout of nausea or insomnia, two new products on the market are offering a drug-free cure acupuncture. Helen Chang reports Helen Chang AS WESTERN consumers turn more towards "natural" medicine, doctors are looking closely at traditional healing methods such
      701 words
    • TECH TAKES
      • 60 17 SINGAPORE Siemens Nixdorf Information Systems has formed a new subsidiary in India, with Siemens AG's Indian company, Siemens Ltd Bombay. The new company is an independent systems house which Siemens will use to expand its software projects and IT services business, and will employ 100
        60 words
      • 73 17 SINGAPORE Advanced Logic Research Inc has launched its new PCs in Singapore using Intel's latest 66 megahertz 486 DX2 microprocessor, which speeds up performance by 40 per cent. The new range includes the ALR Power Flex SL, ALR Flyer 32 LCT, ALR BusinessVElSA and ALR
        73 words
      • 69 17 SINGAPORE Honeywell South-east Asia has won an $8 million contract for Suntec City's integrated building management system. The contract includes the design, supply and installation of an integrated automation, fire, security and public address system, using the latest energy-saving and intelligent features. It will make
        69 words
    • 582 17  -  Claire Leow reports on computer aherals that have been built the environment in mind Claire Leow SOME makers of computer peripherals are going "green". Kyocera of Japan claims to have developed an environmentally sensitive printer, while Siemens Nixdorf Information Systems is manufacturing computer terminals
      582 words
  • Page 16 Advertisements
    • 288 16 HOW TO REDUCE TOUR J9& After 10 years of opening new *****1 Wf models, you utilize your lines of communication, we can tell 'lIIVIIWIIIIV 111 lIVII certificate to enjoy significant savings, you the best way to reduce your In effect, your certificate ensures communication costs as business considerable savings, while
      288 words

  • Page 17 Advertisements
    • 268 17 Over 1,600 government agencies agree on our information solutions. We'd call that a stamp of approval. national power, government agencies throughout MMfc. I the world rely on Unisys to make the business Wk ft f h art jjg Government. j« systems are at the heart of the Departments of Treasury.
      268 words

  • FOCUS
    • 1159 18 The economic pump-priming package announced by the Japanese government nas come as a huge psychological relief to those who had almost given up hope on officialdom. But investors who have pinned their faith on Japan Inc riding to the rescue take too much on
      The Economist  -  1,159 words
    • 725 18 Reuter Fearful of fallout from a damaging corruption scandal, leaders of Japan's ruling party are once again making lavish promises to clean up politics. Yet few experts expect significant change in the system developed by the long-en-trenched Liberal Democratic Party (LDP), which is widely
      Reuter  -  725 words
  • Page 18 Advertisements
    • 192 18 THE 1 TOTAL BUSINESS CONCEPT ALEXANDRA POINT TECHNO PARK (J* VJive your business the cutting edge by integrating your corporate headquarters, administration, R&D, manufacturing, warehousing, showroom, sales and service centre in Alexandra Point Techno Park. By locating these functions in the 25-storey office tower and two 8-storey industrial I .7
      192 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3923 19  -  By Lilian Ang SHARE PRICES on the local bourse closed a notch firmer yesterday with mainly Malaysian counters hogging the limelight. The benchmark Straits Times Industrials Index edged 0.71 of a point higher to finish at 1,365.59 in quiet trading. The broader-based BT
      3,923 words
    • Article, Illustration
      73 19  -  Quak Hiang Whai METROPLEX is trading near its long-term support of 40 cents, a level last seen five years ago. The short-term RSIs and stochastics are above 50, which indicate that the stock is unlikely to climb dramatically in the immediate future. The low monthly RSIs and stochastics
      SOURCE: BRIDGE INFO  -  73 words
  • Page 19 Advertisements
    • 60 19 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 %/jffMW Centre point Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Zt jjrJ&jL Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Ucensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932
      60 words


  • 3206 21 Leader U 660 f60 +10.0% Pertis Plant 348 +15 +4.5% UMW 300 +10 +3.4% Tan Chong 50' 144 +8 +5.9% Sungei Way 199 *7 3.6% Berjaya Leisure 124 +6 +5.1% Multi-Purpose 80 +6 f 8.1% PMC 50* 128 f 6 4-4.9% Berjaya Group 67Vi +5'/j
    3,206 words
  • Page 21 Advertisements
    • 546 21 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND SAHNE DISPENSARY AND CLINIC PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that
      546 words
    • 173 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 EMBASSY INFORMATION PTE. LTD. (In Members' VolunUry liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that a Final Meeting of the Members of the abovenamed company will be held at 11 Dhoby
      173 words

  • BT SHARE INFORMATION SERVICE
    • 371 22 Sep 5 Mechmar Corporation (M) Bhd's wholly-owned subsidiary, Aeromore Corporation (M) Sdn Bhd, is acquiring Resource Premium Sdn Bhd for a total consideration of MJ2.84 million. A wholly-owned subsidiary of CSpsal Industries (HoMngs) Ltd, Clipsal Singapore Pte Ltd, has been awarded the Singapore Institute of Standards and Industrial
      371 words
    • 149 22 Caaipaay Date Yaar Group Not Not aaraiags Cross aaa to praftt/lass (L) par sharo divWoad ('000) (caats) JC-MPH Sep 4 Mar 92 13.839(113.474) 2.1(7 4) 7(1 lh) The H Glass Sep 1 Mar 92 $3,954 ($5,848) 6 6(98) 5(5) HTP HWgs Aug 28 Mar 92 13.981 ($6,032) 2.7(4.5)
      149 words
    • 251 22 Company Date Year Groep pre-tax Net earnings Gross mr to profit/loss (L) por sluro dividend ('000) (cents) Cons Plant Sep 5 Jun 92 MSI 14,100(180,200 9.3(5.4) 28(16) DMIB Bhd Sep 5 Jun 92 M$39,400($39,400) 8.6(8.4) 20(20) Sime Darby Sep 5 Jun 92 M$755,400($678.600) 226(19.9) 36(31) Sime UEP Prop
      251 words
    • 376 22 Company Date Half-year Gro«p pretax tatertai mm to prom/loss (L) dividend COOO) MAA Sep 4 Jun 92 M51,260(51.003) SMI Sep 4 Jun 92 M$53.363(J92,835 4(4) Spore Land Sep 4 Jun 92 $47,697(125,783) UC Sep 4 Jun 92 548,076(52,8581) City Dev Sep 3 Jun 92 553.880(537.724) SPP Sep 3
      376 words
    • 876 22 CwTMt Ex Books Mo Total for Total «or pajnot data doao payaWo tko yoar last yoar AflN-Anro M 28%(l) Aug 31 NYA Sep 14 28% 58% MOB 50c 3.5%(b) Sep 10 Sep 24 Oct 23 35% 35% Nn rtdp 50c 6%(b) Aug 26 Sep 7 Sep 24 6%
      876 words
    • 174 22 Company Rights Issue Gafctan Hop* One-tor-sn MSI50 per store Ei-date A* 27 Books dose Sep 10 Acceptance Payment NYA IMS Oneta-one <& MS500 per store Ex-date Sep 7 Books dose: Sep 21 Acceptance Payment NYA OUT One-tor-two (a, II 50 per store Ei-date Aug 19 Books dose: Au|
      174 words
    • 169 22 Maiayawata Steel Bhd: 32nd AGM at the Mutiara Beach Resort. No 1. Jtn TeU Bahang. Pulau Pinang, on Tuesday. Sep 8 at 12.00 noon Kampong Lanjut Tn Dredfitj Bhd: 64th AGM at the registered office. Lot 12 J 12.3. Tingkat 12. Wisma MPSA, Persiaran Perbandaran. ***** Shah Atam.
      169 words
    • 234 22 Conversion Special Trdg Scripiess Conversion decline Period Trading Company starts (IDP) (ST) starts Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 CoM Store Sep 21 Oct IS Oct 5 Oct 15 Oct 16 Haw
      234 words
    • 347 22 Ill local cart la S$ la US$ &y yr dy yr 4y yr Sept 4 lade* dy dy chft cfcy i» c» World 384.4 0.5 -5.8 0.5 -5.1 0.2 -3.8 1EAFE 451.7 0.6 -10.0 0.6 -7.3 0.3 -6.1 Europe 388.3 -0.3 -5.6 -0.7 0.1 -1.0
      347 words
  • 593 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5330 23 Bernama SHARE PRICES in Kuala Lumpur extended last week's uptrend on further buying in active trading yesterday with selected quality stocks posting handsome gains. The KLSE Composite Index closed at 584.84, up 3.67 points from Friday's closing. The Industrial Index rose 2.72 points to
      Bernama  -  5,330 words

  • CHINA STOCK EXCHANGES
    • 353 24 CLSA THE PROLONGED fall in the Chinese equity market continued yesterday with all markets finishing lower. The 145.63-point drop to 2,305.79 in the CLSA All China Index was mainly attributed to falls in Shanghai A and Shenzhen A. The announcement that 5.7 million
      CLSA  -  353 words
  • JAKARTA STOCK EXCHANGE
    • 937 24 JAKARTA share prices closed mixed in quiet trade yesterday, brokers said. The Jakarta Composite Index added 0.77 point to 299.66. Heavy selling put pressure on some bank shares. Bank Bali fell 100 rupiah to 2,900 with 331,000 shares traded. 811 was the most
      937 words
  • STOCK EXCHANGE OF THAILAND
    • 2122 24 Reuter AN AFTERNOON spurt of activity by three property firms, combined with Thai Airways' surge, pushed the Bangkok stock index to an unexpected higher close yesterday, brokers said. The SET Index ended 6.98 points higher at 770.26 on turnover of 6.62 billion baht. "It
      Reuter; Source: Bridge Info  -  2,122 words
  • Page 24 Advertisements
    • 59 24 Unilftf 111 MIMJIUIIff WIT ■■ijiJl |||Hf JHTrTTTHp II 1 T|B[ 111 111 feA I 1 I I Find out in I IH I I I I II I I■ I I fill Personal Investment and Finance. II I I I I I Ift I II I I I 1 I
      59 words

  • TOKYO STOCK EXCHANGE
    • 2616 25 Reuter TOKYO STOCKS closed easier yesterday after losing earlier gains through profittaking and index-linked selling. Many investors felt the market had a bit further to go and were reluctant to sell, but more edged to the sidelines on a lack of incentives to keep buying
      Reuter  -  2,616 words
  • STOCK EXCHANGE OF HONGKONG
    • 2525 25 Reuter HONGKONG stocks finished lower yesterday, but off the day's lows, as some investors tried to lock in profits amid Sino-US trade disputes and ahead of tomorrow's round of Sino-British talks over Hongkong's new airport, brokers said. The blue chip Hang Seng Index
      Reuter  -  2,525 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2119 26 Reuter AUSTRALIAN stocks closed lower as general nervousness about overseas markets, interest rates and the weak local dollar added to concern about a lack of company earnings growth. "This year's results show a balance sheet recovery rather than an earnings growth
      Reuter; Source: Bridge Info  -  2,119 words
  • REGIONAL STOCK MARKETS
    • Manila prices rise as major issues recover
      • 591 26 MANILA SHARES closed firmer yesterday, buoyed by gains in telephone issue PLDT and Philippine National Bank (PNB), brokers said. The Manila Stock Exchange Composite Index gained 21.70 points to 1,413.70. Brokers said a turnaround by market leaders PLDT and PNB and the oversold positions of many issues drove prices
        591 words
      • 819 26 SEOUL STOCKS climbed steeply yesterday in moderate trading as investor sentiment improved on the back of positive news. The Stock Index shot up 22.90 points to close the day at 557.59. Volume was 23.58 million shares valued at 298.91 billion won against Saturday's 19.23 million worth 231.92 billion won.
        819 words
      • 524 26 TAIWAN share prices reversed early gains yesterday to close lower on heavy selling of electronics stocks in late trade. The Weighted Index, which rose more than 40 points at the opening, finished 36.22 lower at 3,852.27. Turnover fell to a moderate NT523.84 billion from Thursday's NT$2B.6 billion. The market
        524 words
      • 74 26 BOMBAY stock prices shot up yesterday on rising expectations that the government was about to make a series of announcements, further liberalising the economy. The Bombay Index gained 60.42 points to 3,226.52. The National Index was up 27.41 points to 1,430.78. The mood was upbeat, with traders saying they
        74 words
      • 262 26 SLIGHT declines in leading forestry stocks Fletcher Challenge and Carter Holt Harvey took the New Zealand share market lower at the close yesterday. The NZSE-40 Capital Index fell 4.15 points to 1,487.43 on volume of only NZ$l3 million shares. CHH fell four cents to NZ52.63, despite news that
        262 words
      • 51 26 INDICES TURNOVER Clow r Sep 7 NEW ZEALAND NZSE-40 Capital 1.487.43 1,491.58 -4.15 MANILA Composite Index 1,413.7 1,392.0 +21.7 Turnover (mil pesos) 170.41 134.9 35.51 TAIPEI Weighted Price Index 3,852.27. 3.888.49 -36.22 Turnover (NTS billion) 23.84 28.6 -4.76 SEOUL Composite Stock Index 557.59 544.08 22.90 Turnover (billion won) 298.91 231.92
        51 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1204 27 REPORTS STERLING and the US dollar recovered slightly in early trading in London yesterday and sentiment was supported by a promise by the German central Bundesbank that it does not intend to Increase its rates under current circumstances. Sterling and the
      1,204 words
    • 352 27 .Crass rates se P USS S$ MS Dm Yen SFr AS N7.S USS 1.5960 2.4935 1.4050 123.20 0.5003 1.2510 1.3918 1.8484 SS 0.6266 1.5623 0.8803 77.1930 0.3134 0.7838 0.8720 1.1582 MS 0.4010 0.64 0.5635 49.4085 0.2006 0.5017 0.5582 0.7413 Dm 0.7117 1.1359 1.7747 87.69 0.3560 0.8904 0.9906
      352 words
    • 537 27 Interbank rates S$ Bid Offer Overnight 3/4 1 1-month 19/16 111/16 2-month I 11/16 1 13/16 3-month I 7/8 2 Overnight mode: 3/8 US$ Bid Offer 7 days 3 1/8 3 1/4 I month 3 3/16 3 5/16 2 months 3 1/8 3 1/4 3 months 3 1/8
      537 words
    • 272 27 Reuter BATH, England For the first time, the Bundesbank has pointed to a possible way out of the monetary and economic crisis provoked by its punishingly high interest rates. At weekend talks of European Community finance ministers and central bank governors, the Bundesbank put its name
      Reuter  -  272 words
    • 1578 27 SjjjEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/Int Sep 92 96.79 96.83 96.77 96.80 5100 3194 ***** 96 78 Dec 92 9675 96.76 96.74 96.75 6200 4224 ***** Mar 93 96.73 96.74 96.72 96.72 4900 5961 ***** Jun 93 96.43 96.45 96.42 96.42 2035 2439 5292
      1,578 words
  • Page 27 Advertisements

  • COMMODITIES
    • 383 28 Reuter LAHORE, Pakistan Pakistan, a major sugar importer until a few months ago, is now self-sufficient and may start to export surplus production, industry officials say. "We are reshuffling our strategy," said Abbas Zia, a sugar importer and wholesaler at Pakistan's biggest market in Karachi.
      Reuter  -  383 words
    • 239 28 Reuter TAIPEI Taiwan, one of the world's major buyers of gold, increased imports sharply in August after lifting restrictions on trade in the metal, the finance ministry said yesterday. Imports of gold bars, coins and plate surged about 68 per cent to
      Reuter  -  239 words
    • 721 28 REPORTS SINGAPORE rubber futures continued to get a mild boost yesterday from short-cover-ing activities that extended into the afternoon session, brokers said. "Despite the shorts trying to cover, sellers were quite reserved, shown by the small tonnages dealt," one broker said. The Japanese rubber
      721 words
  • 1511 28 Rubber HAS Commodity Exdiongo (Intro* doting m at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 92 137.50 137.00 137.25 475 2,225 Nov 136.25 136.00 136.25 850 2,850 Dec 134.75 134.75 135.00 100 3,525 Jan/Mar 93 135.50 134.50 134.75 2,175 16,125
    1,511 words
  • Page 28 Advertisements
    • 768 28 BUSINESS TIMES Toll tree Tel No 737 0Q43 -Fax No: 734 3698 IN THK MATTKR OK THE COMPANIES ACT, CAP. 50 AND HONG SUNG PrK LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Noiice is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final
      768 words

  • 1193 29 City Wig* ETA Flight ETD j City Flight ETA Flight ETD M* DhaM GA974 0005 PK772 1930 PK773 2235 '345 as m? ™*aa is sas 8a SQ228 2025 QF82 2205 KmU Lumpur MH629 0035 MH602 0700 AmMm GA9 I 4 0005 MH640 0805 GA892 0150 MH630
    1,193 words
  • THE TRAVEL PAGE
    • 618 29  -  LETTER FROM VICTORIA FALLS By Francis Mdlongwa ZIMBABWE, its economy driven to near collapse by recession and drought, has removed tight controls impeding the growth of tourism, already its third biggest foreign currency earner. "The future of tourism hasn't been brighter. Hotels around the country, especially
      618 words
    • 151 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1432 1.IS86 Canadian dollar 1.3170 1.3436 NZ dollar 0.8547 0.8720 Sterling pound 3.1776 3.2207 US dollar 1.S920 1.6010 Local dollars to 100 units of foreign currency Austrian schilling IS.97
      151 words
    • 67 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Oct 2-12 Tehran Teheran, Export Promotion (98)21/*****8 Oct 5-10 International Utrecht, Koninldijke *****55.91 International Iran Centre of Iran Building Netherlands Nederlandse Fair Construction Jaarbeurs Oct 3-11 Luxembourg Luxembourg Societe Des 352-*****15 Building International Foires Interna- Oct 7-11
      67 words
  • Page 29 Advertisements
    • 38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atari to Pinniah
      38 words
    • 25 29 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 749-2577
      25 words
    • 975 29 iri^siNESsiriMEs; Toll free Tel No 737 0Q43 Fax No; 734 3698 IN THE MATTER OF THE IN THE MATTER OF THE IN THE MATTER OF MTC lUTTEH OF COMPANIES ACT, CAP. 50 COMPANIES ACT. CAP. 50 THE COMPANIES ACT. AND AND CHAPTER SO (CHAPTHJ 80) IN THE MATTER OF IN
      975 words
  • Page 29 Miscellaneous
    • 228 29 1 The launching, dam it, has H H 5 Coin with the Queen on its head given to the mes- 1 I j senger boy (6) 9 Covers with the gun again R^—P^~~ 10 Like skirting a chasm one 12 Make no move to anaesth- 14 Having been stolen is
      228 words
    • 155 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report: Maximum temperature 31.1 Assoc humidity 68% Minimum temperature 24.0 Assoc humidity 97% Hours of sunshine 5.65 Rainfall in mm 0.1 Rainfall this month 22.5 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Bangkok 35/26
      155 words
    • 28 29 DON'T ftSic roc to /Ym onlv we.Re.To ro* &eout) MCLP vou iNfyjy y THIS QRpeg uw, snp\Pe OK v x( 6756 A C ASSOCIATED NEWSPAPERS LTD. 1*42 1992
      28 words

  • 442 30 American bid to explain decision rebuffed AFP, AF Reuter BEIJING China has rebuffed a senior US envoy who came here to try to avoid a deterioration in relations over the planned sale of 150 advanced US F-16 jet fighters to
    AFP,; AF; Reuter  -  442 words
  • 364 30 Reuter KUALA LUMPUR Malaysia is heading a move to ensure developing countries with rain forests are treated fairly under new logging measures arising from last June's Earth Summit, a Malaysian minister said yesterday. Primary Industries Minister Lim Keng Yaik said Malaysia
    Reuter  -  364 words
  • 401 30  -  Run-up to Thai general election From Andrew Cooke in BANGKOK THAILAND'S pro-democra-cy parties are scrambling to patch up their political differences in preparation for the Sep 13 general election. Their leaders, well accustomed to life on the opposition side of Parliament, are becoming increasingly aware
    401 words
  • 703 30  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT news editor UA LL MEN are brothers within the four seas", goes an ancient Chinese saying which ex--9L. horts all Chinese to treat others as kin.
    703 words
  • 259 30 Reuter HONGKONG China will soon expand the Shenzhen Spccial Economic Zone, showcase for senior leader Deng Xiaoping's free-market reform drive, to some six times its current area, an official said yesterday. "Its area will be expanded to 2,020 sq km from the present
    Reuter  -  259 words
  • 351 30 Reuter WASHINGTON President George Bush says the US economy is poised for dramatic growth but Democratic challenger Bill Clinton claims recent falls in the dollar can be traced directly to Mr Bush's policies. Speaking on television last Sunday, Mr Bush said
    Reuter  -  351 words
  • 128 30 Knight-Ridder KUALA LUMPUR Malaysia's leading palm oil refinery, Nalin Industries, has been placed under receivership by several banks, a spokeswoman at Price Waterhouse, the receiver, said yesterday. The refinery was placed under receivership by United Malayan Banking Corp "and other banks" on Aug
    Knight-Ridder  -  128 words
  • 296 30 Reuter BRISBANE An Australian political party has been blamed for the murder of a teenage girl in one of the most extraordinary election campaign outbursts in the country's history. In newspaper and television advertisements for the Queensland state election on Sep 19, the conservative
    Reuter  -  296 words
  • 307 30 Bernama, AFP KUALA LUMPUR Prime Minister Mahathir Mohamad yesterday said his government would not protect journalists who defied the powerful Official Secrets Act (OSA) preventing public access to state secrets. Infringement of the OSA carries a mandatory jail sentence of at least
    Bernama,; AFP  -  307 words
  • Page 30 Advertisements
    • 65 30 f Singapore's most popular Nitsuko/13 Telephone System J^ AAovWex &L FAST S/CN SHOP All your Sign requirements mmmm movitex sign corner QUfCKLY if not INSTANTLY #03-02, Midpoint Orchard at romnptitivp nrices RSfifl 220 rchard Rd (0923) 31 competitive prices. '*****21 Tei *****31 Fa* *****07 BD ESI WrWt ,her OAVSON I
      65 words
    • 18 30 SINGAPORE COMM G5 Distributor of the most sought after M Key Telephone System W Tel: 278 7088 J
      18 words

  • Shipping Times
    • 428 31  -  By Dexter Lee SINGAPORE US liner major American President Lines (APL) is taking a shortcut to establishing a presence on the Far East-Europe trade route. Instead of investing time and money on building up its own fleet on the trade, the
      428 words
    • 351 31 UPI NEW ORLEANS Adoption by US Congress of the North American Free Trade Agreement would set the stage for heightened competition among US Gulf coast states for commerce with Mexico. Experts agreed on Sunday that Texas, Louisiana, Mississippi,
      UPI  -  351 words
    • 240 31 Bernama KUALA LUMPUR Malaysian Deputy Prime Minister Ghafar Baba has called on the private sector to study the possibility of having a river transport system in the Klang Valley to resolve the problem of traffic congestion. If found suitable and viable, river
      Bernama  -  240 words
    • 171 31 SINGAPORE Keppel Shipyard has just completed a 522 million modification and refurbishment project on a Chinese vessel. The contract on the 174,000-tonne floating production, storage and offloading facility (FPSO) was awarded by Nan Hai West Oil Corp. It represents the second time that Keppel has worked
      171 words
    • 532 31 BANGKOK Eastern Sea Laem Chabang Terminal (Esco) Co and Thai International Pon Service Co (Tips) have yet to decide on whether to amend their contract with the Port Authority of Thailand, reported The Nation recently. Esco and Tips was quoted as saying that
      532 words
    • LOG BOOK
      • 106 32 SEOUL South Korea's Hyundai Heavy Industries Co Ltd said it had won a US$53O million (SsB43 million) contract from India's state Oil and Natural Gas Co to build an offshore oil production facility. Hyundai Heavy, shipbuilding and heavy equipment arm of the Hyundai Group
        106 words
      • 85 32 LONDON The 10,423-deadweight-tonne refrigeratedWhite Dolphin and the 6,988-dwt freighter Pi pat Samut collided in the Kii Channel, 3.9 miles from Shiono-Misaki, Japan, according to Lloyd's Intelligence. The Pipat Samut sustained a dent and small crack on port side shell plating above the waterline in the
        85 words
      • 70 32 AMSTERDAM Lufthansa City Line has placed an order with Fokker for 12 Fokker 50 Prop Jets and has taken options on another 9 aircraft. Deliveries will take place between the end of 1992 and 1996. The options will be used for further fleet standardisation. Lufthansa
        70 words
      • 82 32 SINGAPORE The Port of Singapore Authority will be among the first public sector organisations to implement the Healthy Lifestyle Programme. Seven public sector organisations are participating in the National Pilot Work Place Healthy Lifestyle Programme, launched on Sep 5 1992. National Productivity Board (NPB) and Johnson
        82 words
      • 64 32 TAIPEI Taiwan welcomed news reports that President Bush would lift a decade-old ban on the sale of F-16 fighter jets to Taiwan. "Of course we support the decision, and we welcome the decision to come through," said government spokesman Jason Hu. Gen Lin Wen-li, Commander in
        64 words
      • 88 32 BEIJING (AP) A new domestic airline, Air Great Wall, will begin flying routes from the southwestern city of Chongqing to several other Chinese cities on Oct 1, the state-run Xinhua News Agency reported. It said the airline, which will be based in Chongqing, will be
        88 words
    • 894 32 Pa«e Col ABC Conuinerline 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 Alpha Feeders 6 1 ANL 3 1/2 Asia Cont Lines 14 S ASCL S 9 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank
      894 words
    • 1395 32  -  General Motors plans to shut down the Michigan assemblyplant next year. The plant's 2,000 workers feel betrayed by GM, says Sara Rimer Sara Rimer NYT THE DAY a General Motors manager stood on a stage at the Willow Run assembly plant in Michigan and told
      NYT  -  1,395 words
    • 600 32 A FIRMER fixture for heavy grain on the key US Gulf/Japan run helped to trigger a general rise in dry cargo freight futures on Friday, in quiet conditions ahead of the long holiday weekend in the United States. A 53,000 long ton cargo was booked at U5519.25, prompting
      600 words
    • 8323 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      8,323 words
    • 3269 45 A ■f— ».B( ontainerline NV: Belsin Shpg Agcncics Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg lie Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsourcc Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte
      3,269 words
    • 266 45 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. Airs wilt Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies Services
      266 words
    • 1463 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aeraspeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50 Air
      1,463 words
    • 3557 46 ALBANIA Danes: Four vessls in port of which 1 bulk wheat, I bagged flour, 1 glass, 1 general cargo. ARGENTINA Labour working normally. Baeaos Aires: Some congestion still waiting for general cargo berths will have approximately 2 days delay berths. Saa Lorenzo: Four vessels loading by-products; 2 vessels
      3,557 words
    • 555 46 ARRIVALS DEPARTURES Op Flight Type ETA T Froa Op Flight Type fc.~lb T To TOOAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      555 words
    • 245 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep NatofVeml ETA ETP PorttrfCdh Port Age* TetepboneNo SEPTEMBER 09 09 Fantasy World 1000 1900 Sin-Jakarta Sembawang Johnson Mgt 227-8284 13 13 Fantasy World 1000 1900 Sin-Port Klang Sembawang Johnson Mgt 227-8284 16 16 Fantasy World 1000 1900 Sin-Jakarta Sembawang Johnson Mgt 227-8284 20
      245 words
    • 729 46 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers ePohans 118,167 dwt and built Au--1972 Mitsubishi; owners seeking outright offers. Doaaaftc 69,203 dwt and built August 1983 Imabari; either straight sale or including time-charter back for 1-2 years; Sakaide Japan Sep 8-11 where discharging coal. Western Leopard: 34,607 dwt and
      729 words
    • SHIPS IN PORT
      • 542 47 Vend toy Wo Berth Arrkid Depart*! Immt Voy Wi Berth Arm* Deprive MariM Terminal 1 Blue Sky 2 J6 alor«s«Je 08 09/0700 Batam Baru B177 M03 alongside 08 09/2300 Sempurra 2 J13/92 alongside 0809/1800 Batam Ikp *****2 M05 alongside 08 09/0500 10/92 J2/3 alongside 0809/0800 Batam Murm
        542 words
      • 111 47 Jolww Pwt Berth: 1: Hong Leone 2: Changdu; 3: Blue Sky, Juta Jaya; 4: tsparta; 5: ApoMa; 6: Penang Bridge. 01 jetty: nil. DCJ: Aries Gas. Due on Sep 7: Queen Chie, Gma, Ava, Ounaj, Uni Moral, Aries, Barge Josindo Satu. Due on Sep 1 Bum Han,
        111 words
      • 1476 47 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS a» frylb Cmtmmn rnt+k S» toy Wo Cantafcian ntUBk Petopcx 1044 06.09.92 0400 Ms Asa Deci 9237 COO(EST) 07.09.92 0700 Hj Efaabetti 005£ 06 09.92 0750 Wea{ B 2717 COO(EST) 07.09.92 0700 Cardgan B 0587 06.0992 0835 B 880 COO(EST) 07.09.92
        1,476 words
    • 763 48 S*t 15-16: Asia-Pacific Digital Gellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970 or fife: 733-5087. Oct S A 6c Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited
      763 words
    • 368 50  -  Unisys-Sats-SIA team expects to clinch first deal within two months By Juliette Walker SINGAPORE Developers of a departure control system for Changi Airport's Terminal Two may soon land their state-of-the-art system at other international airports. Unisys, Singapore Airport Terminal Services (Sats) and Singapore Airlines
      368 words
    • 215 50 AFP TAIPEI A China Airline (CAL) subsidiary jetliner bound for Ho Chi Minh City left Taiwan on a direct flight on Sunday for the first time in 25 years, airline officials said. The Boeing 747 flight marked the resumption of direct air links between Vietnam
      AFP  -  215 words
    • 226 50 NYT WASHINGTON Three months after a US$l billion (Ssl.6 billion) worldwide stock offering fizzled for lack of investor support, the GPA Group pic of Ireland, the world's largest aircraft leasing company, said that its founder Tony Ryan would take over the post
      NYT  -  226 words
    • 579 50 Farn borough Air Show Reuter LONDON Squeezed by falling defence budgets and a blighted commercial aircraft market, beleaguered aerospace firms gather for the Farnborough Air Show over the weekend. The show, which started on Sunday and ends on Sep 13,
      Reuter  -  579 words
    • 247 50 Reuter FARNBOROUGH, England Airbus Industrie has tentative pacts to sell various Chinese airlines six A 330 and six A3OO-600 passenger aircraft, but the deals are blocked because of political problems, officials said. Airbus Managing Director Jean Pierson told a news conference the European
      Reuter  -  247 words
    • 344 50 AP FARNBOROUGH, England Despite the recession, aircraft manufacturers are setting their sights on bigger jets. Gulfstream Aerospace Corp used Sunday's opening of an international air show to unveil a new corporate jet with the largest cabin of any business plane and the capacity to
      AP  -  344 words
    • 379 50 NYT FARNBOROUGH, England This year's Farnborough Air Show was supposed to be an opportunity for Europe's aerospace industry to show off the European Fighter Aircraft, the region's most ambitious attempt yet to set aside national rivalries and cooperate in the development of
      NYT  -  379 words
  • Page 31 Advertisements
    • 62 31 jp -Criminal Negligence •Death and Injury to Human Beings •Damage to Property and Environment -Liabilities that could Bankrupt your Company if Dangerous Goods are Not Handled Properly t MM EMB ER ipgii't Take R»sK. Call SFFA to find out more about its Dangerous Goods Course. SINGAPORE FREIGHT FORWARDERS ASSOCIATION 7500
      62 words
    • 16 31 Big shakeout at General Motors, Pg 2 Developers hope to sell check-in system abroad, Pg 20
      16 words
    • 89 31 r M > W iP- A. ll il J M Vt WM JBMT jo^ v -mB "o^^« Ei^SLj^ JSl^;**. l > w 5 V T(. v> jU T rl^ 'P r. > 3 ...-.yvagar- At Malaysia Airlines, we go a long way to the 8747-400 Combi, to new destinations like
      89 words

  • Page 32 Advertisements
    • 139 32 w umi in wrwti riprviiiiN iy Mirtin «f MM itglitij 4 l»nilil ftiMli) SMMm Anah. StuMor* Nrtkari ttfe- \VKxMi} For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090. m^H Scalpel... scissors...sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. kPPt We in,ormed
      139 words

  • Page 33 Advertisements
    • 3957 33 oocl pte ltd jar dine shipping agencies TEL: *****11 FAX: *****09 \lVVfr bookings tel *****34 *****5 a vSnnnnM TERMINAL/CFS TEL: *****18 220 PCfififln PESAKA MOM SHIPPING AGENCIES SON. BHD. L VWQf J PORT KELANO TEL: *****18 FAX: *****91 *****88 bltlH AIIT WAIU rWli4w CPENANG TEL: *****4 FAX: *****1 CFS TEL:
      3,957 words
    • 1471 33 ■aim™ WEEKLY DIRECT CALL TO NAGOYA LAUST MAERSK ETA SIN 14/9/92 ETA NAGOYA 24/9/92 Vmml Voy ETA ETD Feeder by DESTINATIONS L—ton/Art— Thu week Matte MmtU 9206 MIIWTinHIHg^SBEI— CY 15/9 (MOO HRS CFS 15/9 2359 HRS JOH LPK PEN O AK LQ6 HOU MEM ATI MU CHS BAL PHL NYC
      1,471 words

  • Page 34 Advertisements
    • 1318 34 VOY NO S PORE JEDOAH S'HAMTON H BURG "ANT* 7 LE HARVE KITANO 15/136 10/9 19/9 3/10 29/9 28/9 IHEmBSSmD THAMES 13/336 13/9 30/9 2/10 5/10 6/10 fßt IBMI AfOMM ELBE 17/9 26/9 10/10 6/10 5/10 HOECHST EXPRESS 05/337 20/9 7/10 9/10 12/10 13/10 ISLI,, HAMBURG EXPRESS 10/136 24/9 3/10
      1,318 words
    • 445 34 ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BAN JUL-BISSAU-LUANDA-BATA Foodef V—< BTA «N ORIENTAL KNIGHT 11/09 VILLE DE TUCANA 18/09 VILLE DE LA FONTAINE 24/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEKM-CONTAMER SERVICE laso. spore m looowc for umiw OB9W no u/o» xuvki caaMBO. mwc. r
      445 words
    • 1486 34 gggoaatlft UR REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOY BIN ALQ BCL* HAM BRE FEL LHA I NORASIA Al MUNTAZAH 9227-3 00/09 29/09 30/09 02/10 03/10 04/10 05/10 06/10 07/10 I NORA SI A SAMANTHA 9228-3 14/09 07/10 OS/10 U/10 12/10 12/10 13/10 14/10 15/10 I NORASIA SMGA 9229-3 21/09 14/10
      1,486 words

  • Page 35 Advertisements
    • 1942 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****89 Fax: *****17 ACCEPTS CARGO OK SALS SMGATOK PHOMM PENH STRAITS STAR VI3E Muara. lab. KK OS S«p 09 Sap 10 Sap m»TB PMNCCSS V 9201 M PORT 01 Sep KRtS MOW VO7E Muara. Skan.
      1,942 words
    • 2181 35 SINGAPORE AGENT: IJat/| P&0 Containers (Singapore Agencies) Pie Ltd VI; X 43LV iilVllLcllllCl a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■Pp: Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VESSEL VOY *PNO 'PKQ MM ALQ SOU AWT HOT NAM VCMEL VOY
      2,181 words

  • Page 36 Advertisements
    • 653 36 HOB CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Wl/WI STORE ROAM/ADAM HWJRfi BREMEN VITRU? SWMJATA, 35W MPT (PT I) 1/10 12/10 16/10 20/10 KUTAI/2WB 6/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subpct to Inducement. Also accepting cargo to Casablanca, Port Said, Port Alexandria,
      653 words
    • 1435 36 HANJIN SHIPPING FOR VSL SM LM HAUL Ml OAK FDR VS. SM |UK HAUL SAV tM NYC HANJM VANCOUVER 010E 13/9 DMECT 4/10 7/10 FISHGUARD BAT 210N 8/9 H. SEATTLE 025E 15/10 16/18 18/10 HAIUN OSAKA 002E 20/9 OSIECI 11/10 14/10 HANIM OCJU 08CE 14/9 M. TOKOHAMA 041E 22/10 23/10
      1,435 words
    • 1254 36 d-1 rl -T3"3^"i^ Inu scr x» hrg Kit ns wt o» net ae in uu u ktc tm mm nn rif w no oa m I I GOLOtN KOX I/* 1/1 14/1 14/1 21/J 22/1 24/1 24/1 24/1 20/1 1/1121/1123/1* 24/ It VU 4/11 S/U 4/11 7/11 17/11 27/11 1/12
      1,254 words

  • Page 37 Advertisements
    • 1859 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) J USA SERVICE TERMINAL OFFICE *****22 mm FAR EAST SERVICE *****00 IMPORT CFS -F9 *****69/*****96 AbM uk/europe service (toll-free) export cfs -F9 *****53/*****50 222 aust/india/pak service NEPLINE SDN BHD MALAYSIA NEPTUNELINK
      1,859 words
    • 1051 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQiNRIES: *****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 EASTBOWD-QgCHWOWG WCSTBOUHD-lOAOWC TMIBHfftD VIA WTTHPOM tm B mt wt
      1,051 words

  • Page 38 Advertisements
    • 1650 38 1 v vft M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR M«: **********0 M) W W 1 A TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I M M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 Jk AmJt JL. JL MimJi TEL: SA *****00 PK *****75 PENANG *****0 JB *****1.
      1,650 words
    • 999 38 PHIII ORKNT UNfS fit LTD jjggsass»» 1 BY AIR, LAND OR SEA.... jfcgL WE TAKE ON THE WORLD FOR YOU NAPIER. CHRSTCH^H 2 !slP papeeta.L>UTWl^AN«<TO|^^^^^^^_J 12 SEP MEXICO CITY. TAMPICO, VERA CRUZ, PARAMARIBO oikl 12 SEP SANTOS. RIO DE JANEIRO, BUENOS AIRES. CALLAO. ST. MAARTEN. SAN JUAN. ANTAFAGESTA. GUAIOUILA. BENUEBENTURA
      999 words

  • Page 39 Advertisements
    • 2135 39 SSSSSsfmIK PACIFIC INTERNATIONAL LINES (PTE) LTD ™IH 140 Cecil Street. #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E tdftKAFffA I I BAMQKOK I VEMEL VOY SM JUT SM HMI 5 SI KOTI t inoam 5? iU! 12! 22 koz,mtmv 12/9 15/1 22 22 22 SWBAMUT (THAI FLAG) SRS34N
      2,135 words
    • 833 39 p P GUDANG PENANG PKELANG XEAN SiN 4 E 4/9 < /9 5 /9 BENALDER 2352 fl/9 25/9 27/9 28/9 30/9 E 11/9 IW9 12/9 TOYAMA 2362 15/9 2/JO 4/10 5/10 7/10 0 18/9 18/9 19/9 AROSIA 2372 22/9 9/10 11/10 12/10 14/10 E 25/9 25/9 26/9 NIHON 2382 29/9
      833 words
    • 255 39 I BSA° I TRANSPORTATION M MYANMA VBBBk FIVE STAR LINE (Myanmar National Line) Loadmg for Yangon (Rangoon) S'por* P.KIj Pen P Gdf Vll6* Sd In PI MANDALAY V3SW 1/10 Sop PWTA VI24W 12/14 Sop t/lt Sop PAGAN VIKW 14/1J Sap 9/12 Sop HPA-AH VIIIH 20/22 Sop NIGERIAN NATIONAL SHIPPING LINE
      255 words



  • Page 42 Advertisements
    • 1789 42 H Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agtotx Genera/ Agents: Booing Agents: Gnsn Cmm Skiing Sii BM CAoaf CMao SMppinf Sin Bki P.T. Gfota/ Pntra laimmMa Maritime Ykk Fung Shipping supping FrofcM Ml« froatafcfc Agaodet Costar Shipping Pte Ltd SWw InU«
      1,789 words
    • 613 42 EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN "TWO. REBUT MALACCA STRAITS SERVICE lounouN) SoT7S! ret «t Imilmi ms kaokhtyo toe 96 mo not vessel vot |sm |pkl rot *r sm ACIOMST m **7.S IS ILS 15.9 17.9 22.9 22.9 231 21S ACI nMW "»T IT 13.9 UJ 119~ ACI ROSE
      613 words
    • 398 42 I VESSEL VOV JAKMTA SPORE BANGKOK HMU GUAM SATAN "ASIAN ORCHD" 17 SU> SEP SEP IS SEP 21 SEP 22 "ASMN ORCHD" II OCT 1 OCT 4 OCT II OCT 11 OCT H I "ASMN ORCHD" It OCT 1 ASMN U.V VIS OCT 31 NOV S NOV 9 I "ASMN
      398 words
    • 243 42 h|H SAMUOBU MOONESU (S) PIE LTD H McCALLUM STREET ■■H #03-01/02 NATWEBT CENTRE ■J Singapore 0100 Tatm; R*****0 Tat: ******1-3 Fax: 22S 4830. 227V1M FOR BOOKMOS CALL CMRECT LINE TEL: *****41/*****43 MN/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 996 IN PORT 11/09 (FRO MERKUR DELTA 939 09/09 (WED) 13/09 (SUN)
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  • Page 43 Advertisements
    • 604 43 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA. SPORE 0207 TSr HOT LIHE: *****33 (24 LINES) LIMASSOL/PREAUS 12/9 ROTTERDAM 12/9 HfUF A/ ASHOOO/ALEX ANORIA 12/9 HAMBURG/BREMEN 12/9 MARSER.LE/FRANCE 12/9 FELIXSTOWE/UK 12/9 BARCELONA/SPAIN 12/9 LEHAVRE/ANTWERP 12/9 GENOA/ITALY 12/9 GOTHENBURG/SCANDINAVIA 12/9 LOS ANGELES/WC/IPI 12/9 SYDNEY/MELBOURNE 12/9 NEW YORK/EC 12/9 FREMANTLE/ADELADE 10/9
      604 words
    • 758 43 SI TEL: *****33 (12 Line*) ]2ZI FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOAUNG FOR SPORE ABVOT 29W8 tr Pt OARESSALAAM MOMBASA OJtBOLITI ASSAB MASSAWA A NONET 2SWB 06/ tO DARESSALAAM MOMBASA DJBOOTI ASSAB MASSAWA
      758 words
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