The Business Times, 18 September 1992

Microfilm: NL18502
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Friday, September 18, 1992 75*
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  • NEWS SUMMARY
    • Article
      Opec close to accord to boost oil prices
      47 1 GENEVA Opec ministers said yesterday they had just about clinched an accord aimed at pushing world oil prices higher. "We are very, very near consensus," the Algerian Minister, Hacen Mefti, told reporters as Opec ministers emerged from bilateral huddles.
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    • Article
      US trade deficit hits new high of US$7.8b
      66 1 WASHINGTON The US trade deficit climbed to US$7.B billion (5512.5 billion) in July, the biggest imbalance in 20 months. The Department of Commerce said the July deficit was 16.2 per cent higher than June's U556.73 billion gap, the worst since November 1990.
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    • Article
      Double tax pact
      39 1 VIETNAM and Singapore held their first meeting earlier this week to discuss a double taxation agreement. The accord will enable Singapore companies operating in Vietnam to take advantage of the lower corporate taxes there Page 2
      39 words
    • Article
      TDB approves IPOs
      31 1 THE Trade Development Board has approved eight new international procurement offices (IPOs) this year. The companies are from the United States, Europe, Japan and South Korea. Page 2
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    • Article
      Myaamar army stays
      28 1 FOR political and security reasons, the military regime in Myanmar must remain until "the appropriate time", said the country's leader, Gen Tan Shwe Page 8
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    • Article
      Tokyo urged to cut tax
      35 1 JAPANESE business leaders and opposition politicians continue to call for a cut in income tax amid the sluggish personal spending that is contributing to the current economic slowdown Page 9
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    • Article
      German growth slows
      30 1 THE Bundesbank has warned that the western German economy is slowing down and says an upturn in the depressed east is still not in sight Page 9
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    • Article
      Shipyards in tie-up
      26 1 SEMBAWANG Shipyard and Jurong Shipyard have teamed up with Chinese partners to tap the growing corrosion control market there Shipping Tunes, Pg 1
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  • MARKET SUMMARY
    • Article
      Dow Jones
      61 1 WALL STREET stock prices were mixed in early trading yesterday, holding in a narrow range as traders waited out in-terest-rate and currency developments in Europe. The Dow Jones average of 30 industrials slipped 2.97 points in the first half hour but then turned higher to show a 5.14-point
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    • Article
      Footsie higher
      55 1 LONDON share prices rose strongly yesterday, boosted by British authorities' decision to suspend sterling from the European Monetary System and to return the minimum lending rate from 12 to 10 per cent. At 1130 GMT, the FTSE index of 100 leading shares was up by 100.9 points on
      55 words
    • Article
      Confusion over KL law
      33 1 THE new Malaysian legislation barring directors and major shareholders from injecting their private assets into publicly listed concerns at inflated values has caused confusion in corporate circles Page 4
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    • Article
      Keppel in Viet venture
      29 1 KEPPEL CORP yesterday signed an agreement with a shiprepairer in Vietnam to set up a joint venture providing shipyard and engineering services there Page 4
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    • Article
      SPC's earnings drop
      22 1 SINGAPORE Petroleum Company's net earnings for the half-year to June 30, 1992, fell sharply to $14.43 million. Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Chaage BT-MGA 653.53 -5.10 Kuala Lumpur ....587.13 +1.98 Tokyo 18,116.52 +171.82 Hongkong 5,637.90 +4.77 Sydney 1,511.8 +5.4 Wednesday Chaise New Yofk 3,319.21 -8.11 London 2,378.3 8.3
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    • Article
      CURRENCIES
      18 1 tachwp rates USS S$ 1.6040 100 Yen SS 1.2847 MHwiiwM'raiM 6368 Overnight... 2% +13/16 3-month 2* +5/16
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    • Article
      COMMODITIES
      33 1 LMdoa Md AM fix US$350.75 +USS4.55 SporeOct.... 140.00*/kg -0.25 M'sia Oct..... 220.00*/kg unch KL Tin Turnover 30tonrvcs -22 Spot MSl6.60/kg -0.15 Cradt palm il Turnover 963 lots +43 Oct MS867 /tonne -3
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  • Article, Illustration
    EC central banks cave in to speculators
    591 1  -  Sterling, lira sink Dollar rises Peseta devalued Bundesbank stands firm on rates By Quak Hiang Whai SINGAPORE Currency speculators appeared to have won their battle against the European central banks as the sterling and the lira were taken out of the European exchange
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  • Article
    S'pore Telecom set to bid for massive projects in Hungary
    447 1  -  By Helen Chang SINGAPORE Singapore Telecom's investment arm is considering bidding for massive telecommunications projects in Hungary which is privatising its telephone system. The projects involve adding two million lines to Hungary's conventional telephone network and expanding its cellular network
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  • Article
    ECICS loses $21m law suit over Nigerian tractor deal
    344 1  -  By Ramesh Divyanathan SINGAPORE The Export Credit Insurance Corporation of Singapore (ECICS) has lost a $21 million law suit over an international deal that went wrong. A judgment given in the High Court by Judicial Commissioner G P Selvam means that
    344 words
  • Article
    Lock icon Germany to deport Romanians
    160 1 Reuter BONN Germany, faced with an unmanageable flood of immigrants and a violent racist backlash against them, yesterday announced plans to deport thousands of Romanians, many of them gypsies. The Interior Ministry said Bucharest had agreed to take back its citizens who like all but 0.2
    Reuter  -  160 words
  • Article
    Analysts say impact on S'pore companies limited
    359 1  -  B 1 Sylvia Wong SINGAPORE Local analysts said yesterday that the European currency turmoil would affect some big companies here but their exposure to the UK and Germany was relatively small. Some companies stood to gain, however, among them Cycle Carriage Ltd (CCL)
    359 words
  • Page 1 Advertisements
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      290 1 depuis 1921 #j Petite Finesse I •02-38 Centreport I (Tei *****68) I •01-10 Liang Court I (TH: *****52) I Gatenes Lafayette Singapore I and selected retail outlets I Aircraft Schedule 29 KLSE 21 Umt Trusts 20 Camodtes 28 Money Chancer Rates 29 Weather 29 Canpny New U Money Market 27
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      16 1 Hock Lock Siew: Can Innovest do without KFC? Pg 3 New mood in Manila, Pg 10
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      Page 1 Advertisements Column 3
      115 1 MORE REPORTS Asian economies to emerge unscathed, Pg 3 Fund managers shift focus to USS, Pg 3 Analysis, Pg 11 Bottom Line, Back Page MEN BUSINESS TRIP jIJ FASHION ACCESSORIES HHHHH BALLY BOUTIQUE In SINGAPORE: #01 -18 Raffles Hotel/Shaw Centre/Raffles City/Royal Holday Inn Crowne Plaza. BALLY AUTHORISED DEALERS Champion Shoe
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      13 1 MADF P WEST GERMANY Sole Agent: WONG BROTHERS SHOE 1 TEL: 2833 >43
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  • PAGE 2 NEWS
    • Article, Illustration
      S'pore, Hanoi discuss double tax accord
      408 2  -  Investment guarantee agreement, trade pact to be signed this year By Harish Mehta SINGAPORE Vietnam and Singapore have begun talks on a double taxation agreement which will enable Singapore companies operating in Vietnam to take advantage of the lower corporate taxes there. A first
      408 words
    • Article
      TDB approves eight new IPOs this year
      350 2  -  By Claire Leow SINGAPORE The Trade Development Board said yesterday it had approved eight new international procurement offices (IPOs) this year. The additions are two companies each from the United States, Europe, Japan and South Korea. They bring the number of IPOs here
      350 words
    • Article
      Glenn Knight asked to explain letter to accused
      328 2  -  The Peat Marwick partner trial By Ramesh Divyanathan SINGAPORE A letter sent by former Commercial Affairs Department (CAD) director Glenn Knight to an accounting firm's senior partner, Peter Chi Man Kwong, was the subject of lengthy cross-examination in court yesterday. Testifying in
      328 words
    • Article
      PUB arm eyes projects in China, Vietnam, Philippines
      321 2 SINGAPORE The Public Utilities Board's engineering consultancy arm, Development Resources, is chasing three major overseas projects as part of a push into the international arena. The projects one each in China, Vietnam and the Philippines involve the building of power stations and
      321 words
    • Article
      Is breaking up no longer hard to do?
      420 2  -  By Anna Teo SINGAPORE It could have been the seven-year itch, although many cited "unreasonable behaviour" as grounds for the big split. Of the 3,813 couples who got divorced last year, about a third, the largest group, had been married for between
      420 words
    • Article
      Lock icon Asia likely to emerge relatively unscathed
      479 3 European currency crisis Reuter HONGKONG Asian ./economies are unlikely to 'Suffer heavy fall-out from Europe's currency crisis since .most regional currencies are linked, directly or indirectly, .to the US dollar, according to ..•analysts yesterday. But Europe could lose the favour of cash-rich Asian in-
      Reuter  -  479 words
    • Article
      Lock icon Rome approves US$33b in spending cuts
      225 3 AP •'ROME The Italian gov••'ernment yesterday approved US$33 billion (about Sss3 .'billion) in spending cuts and US$39 billion in new taxes to ••rescue the national economy, .plagued by huge deficits and -.a tumbling lira. The announcement came •.the same day Italy pulled its currency
      AP  -  225 words
    • Article
      S'pore fund managers shift to US$
      447 3  -  But retail investors snap up sterling By Shoeb Kagda, Quak Hiang Whai SINGAPORE Singaporebased fund managers and currency traders yesterday moved out of their European holdings into US dollars while retail investors rushed to buy sterling after the British currency hit an all-time low
      447 words
    • Article
      Lock icon European currency crisis may change thrust of IMF talks
      284 3 Reuter WASHINGTON The European currency crisis has sent shock waves through the international monetary system and is threatening to push other global economic concerns aside at a series of international meetings that open today. The chaos in European currency markets has
      Reuter  -  284 words
    • Article, Illustration
      Lock icon Britons lay bets on who will succeed Major
      210 3 Reuter LONDON British bookmakers started taking bets yesterday on who might succeed John Major as Prime Minster if he quits over the collapse of his economic egyWilliam Hill drew up a list of seven likely candidates, including former premier Margaret Thatcher, as
      Reuter  -  210 words
    • Article, Illustration
      Lock icon Maastricht referendum: how France will vote
      389 3 Reuter PARIS About 38 million French people are eligible to vote in Sunday's referendum on the Maastricht treaty on European Union, and the outcome should be clear within seconds of the polls closing at 1800 GMT (2 am Monday). If the vote is really
      Reuter  -  389 words
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      203 2 H vM9K I Wmt: m liUe 1 iiTiUlksi I*TB I ill [hb S 1 M I fc J1 I M M I I < M l ilt 1 PTm 11 r*j I i irl iM TmSim INK I IH■l>s■ II I I fIHBE mm H r*M mk. .*J*k» ;S m
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      122 3 Before you take your first step, we take 250. SINCE 1873, Church Company has to elegant L i Available at Isetan Orchard, Robinsons, been producing classic English shoes. city shoes Sogo and Cinderella Shoe Boutique Some 250 stages go into the making of and relaxing W&? (Shaw Centre). a pair
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      Page 3 Advertisements Column 2
      413 3 MS] SINGAPORE PETROLEUM COMPANY LIMITED I SPC J (Incorporated in the Republic of Singapore) HALF YEAR UNAUDITED PROFIT ANNOUNCEMENT The Directors are pleased to announce the following unaudited results of the Group and the Company for the six months ended 30 June 1992: ($000s) THE GROUP THE COMPANY 1992 1991
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Hwa Hong half-year profit up 5.2pc
        125 4 SINGAPORE Hwa Hong Corporation Ltd lifted net earnings by 5.2 per cent to $6.32 million in the six months to June 30. Turnover, at $113.61 million, was 32.7 per cent up on first-half 1991, due mainly to the completion of construction projects, sale of
        125 words
      • Article
        CityDev on issue proceeds
        57 4 SINGAPORE City Development Ltd said yesterday that $130 million raised from its one-for-10 rights issue in December had been fully utilised. Directors said $98 million had been used to refinance the acquisition of 112 units in Delfi Orchard, and the balance of $32 million had gone
        57 words
      • Article
        Wearnes elaborates on deals
        57 4 SINGAPORE Weame Brothers Ltd told the Stock Exchange of Singapore yesterday that its investment in two joint ventures in China's Liaoning and Chengdu provinces would be financed with proceeds from the sale of its 49-per cent interest in Wearne Realty Thailand. Wearne Brothers made an extraordinary
        57 words
      • Article
        Inno-Pac completes share sale
        69 4 SINGAPORE Inno-Pacific Holdings Ltd said yesterday it had completed the sale of 6.17 million shares in KFC Holdings (Malaysia) Bhd. It also said that its 90-per cent subsidiary, Top-Text Sdn Bhd, had completed the sale of 6.69 million KFCH shares and 4.22 million units of KFCH
        69 words
      • Article
        SCS executive resigns
        24 4 SINGAPORE Leong Kuo-Sing has resigned as director of the China business division of Singapore Computer Systems Ltd, effective from Sep 13.
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      • Article
        Transmarco changes registrar
        27 4 SINGAPORE Transmarco Ltd yesterday changed its share registrar to Macronet Information Pte Ltd. The address is 1 Rallies Place, #04-07/09 OUB Centre, Singapore 0104.
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    • Article
      GenMag doubles interim net earnings
      134 4 SINGAPORE Audio cassette maker General Magnetics yesterday announced a doubling of interim net earnings to $2.98 million, in spite of an 11 per cent drop in turnover to $23.8 million. It attributed the result to a Call in the price of materials and better cost
      134 words
    • Article
      New M'sian law leaves corporate circles confused
      628 4  -  Uncertainty over status of acquisitions and restructurings From Leslie Lopez in KUALA LUMPUR NEW LEGISLATION introduced by Malaysian regulators last week to bar directors and major shareholders from injecting their private assets into public listed concerns at inflated values has sparked confusion in
      628 words
    • Article
      SPC's earnings plunge by two-thirds to $14m
      415 4  -  By Lilian Ang SINGAPORE Singapore Petroleum Company, which has been enjoying bumper profits since its listing, saw net earnings plunge by twothirds to $14.43 million for the half-year to June 30, 1992. The sharply lower results, a reflection of the poor market conditions
      415 words
    • Article
      SIA in $2m software deal
      140 4 SINGAPORE Singapore Airlines yesterday signed a $2 million software contract with China Aviation Supplies Corporation (CASC) in Beijing, allowing CASC nonexclusive rights to use its revenue accounting software package. The package, developed by SlA's management services division, includes applications such as passenger accounting and revenue
      140 words
    • Article, Illustration
      Keppel Corp sets up joint-venture Viet shipyard
      375 4  -  By Rahita Elias SINGAPORE Homegrown conglomerate Keppel Corp is making further inroads into Vietnam through a joint venture which will provide shipyard and engineering services there. The group's flagship, Keppel Shipyard, yesterday signed an agreement with Vietnamese shiprepairer BaSon Shipyard to set up
      375 words
    • Article
      Lock icon Pengkalen to invest M$15m in toner plant
      174 4 Bernama KUALA LUMPUR Pengkalen Industrial Holdings Bhd, the footwear manufacturing group, is expected to invest MS 15 million (559.6 million) in the setting up of its new toner manufacturing plant in the Subang industrial area following its acquisition of Technitone Sdn Bhd recently.
      Bernama  -  174 words
    • Article
      KFC (M) will be better off without Innovest but not vice versa
      650 4  -  THE HOCK LOCK SIEW COLUMN By William Chia SINGAPORE Investors are wondering whether debt-laden fast-food group Innovest Bhd will be forced to dispose of its piece de resistance, a controlling 42 per cent stake in listed KFC Holdings
      650 words
    • Article
      PT Astra suffers 67pc plunge in interim profits
      517 5  -  Shares come under selling pressure From Maggie Ford in JAKARTA SHARES in PT Astra International, Indonesia's secondlargest listed company, came under strong selling pressure yesterday after the company posted a 67 per cent plunge in interim net profit to 42.5 billion rupiah
      517 words
    • Article
      Sinar Mas agro unit to offer new shares next month
      315 5  -  By Quak Hiang Whai SINGAPORE Indonesia's P T Sinar Mas Agro Resource Technology Corporation (Smart) will ofTer 30 million new shares next month to raise money for its business expansion. The initial public offering at 2,900 (552.26) to 3,350 rupiah
      315 words
    • Article
      Lock icon India to raise US$1.3b from sale of stakes in state companies
      397 5 Reuter .BOMBAY The Indian government will launch the second phase of its mammoth privatisation programme this month, raising -an expected US$l.3 billion (Ss2 billion) from the sale of shares in public sector companies. GR Ramakrishna, chairman of the regulatory
      Reuter  -  397 words
    • Article
      Lock icon Market-opening puts Indian reforms back on track
      470 5 Reuter BOMBAY India has put its bold economic liberalisation programme back on track by opening its stock ■markets to foreign institutional investors, but the inflow of overseas capital is more likely to be a trickle than a flood. While welcoming the opening of
      Reuter  -  470 words
    • COMPANY BRIEFS
      • Article
        Japanese firms have no financing woes: BOJ
        64 5 TOKYO Japanese firms have so far encountered no big problems in financing given steady declines in domestic lending rates and companies 1 sufficient liquidity, Bank of Japan (BOJ) governor Yasushi Mieno said. "But it cannot be denied that the lending stance of financial
        64 words
      • Article
        BHP gets nod for Foster's bid
        63 5 MELBOURNE The Broken Hill Pty Co Ltd said the receiver and manager appointed by Citibank Ltd to International Brewing Securities Pty Ltd has accepted BHP's offer to buy 100.44 million shares of Foster's Brewing Group Ltd. The Foster's shares represent about 4.46 per cent
        63 words
      • Article, Illustration
        Countdown to losses
        45 5 TAIPEI A group of Taiwanese investors watching the display board at a brokerage house in Taipei yesterday as the index plunged 6.1 per cent after major investors defaulted on US$67 million (S$ 107 million) of payments to local brokerages for share purchases.
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      • Article
        Controlling stakes up for auction
        76 5 HONGKONG The city of Shaoguan in Guangdong province will be the first in China to openly auction management control of state enterprises to foreign investors, the Hong Kong Economic Journal reported yesterday. The Chinese-lan-guage daily said Tang Tonghai, Mayor of Shaoguan announced here that controlling
        76 words
    • COMPANY BRIEFS
      • Article
        No stopping European monetary union
        84 6 LUXEMBOURG Europe's stock exchanges will head inexorably towards greater integration no matter how the French vote in Sunday's referendum on closer European union, the head of the European Community's bourses said on Wednesday. "My belief is that the process of economic integration that received a
        84 words
      • Article
        Apple recalls notebooks
        81 6 SAN FRANCISCO Apple Computer Inc said on Wednesday that it was recalling some of its Macintosh Powerbook 100 notebook computers because of a potential safety problem. Apple said the malfunction, an electrical short that can cause a small hole to melt in the computer's plastic case, had
        81 words
      • Article, Illustration
        Polaroid unveils small camera
        123 6 NEW YORK Polaroid Corp is going after the pocket market, with a new smaller, automated instant camera that is about 25 per cent smaller than its current line of Spectra cameras. One wrinkle, in addition to the camera's smaller size, is a built-in holder for exposed
        123 words
      • Article
        Racal demerges security unit
        73 6 LONDON Racal Electronics pic said on Wednesday it would demerge its security operations into a new company, Chubb Security pic, which would be a fully independent company when share dealings start on Oct 5. Racal is planning to restructure its own share capital, then issue one
        73 words
    • Article
      Lock icon Big US steel mills having a tough time
      431 6 Smaller, nimbler producers outpace giants Bloomberg PRINCETON, New Jersey Size has been a handicap in 1992 when it comes to the performance of US steelmakers, with two nimbler, specialised producers outpacing the giants. USX Corp's US Steel Group, Bethlehem Steel Corp and
      Bloomberg  -  431 words
    • Article
      Lock icon SEC launches insider trading case
      231 6 NYT NEW YORK The US Securities and Exchange Commission on Wednesday accused an electrician of trading illegally on insider information he got while installing a security system at the office of a company planning a takeover. The commission also charged six others, including his wife
      NYT  -  231 words
    • Article
      Lock icon British coal industry faces further drastic cuts
      285 6 Reuter LONDON Britain's once powerful coal mining industry appears headed for another big round of job cuts and mine closures, marking another chapter in its long decline. The tally of miners at state-owned British Coal could fall to 10,000 or less from 41,000
      Reuter  -  285 words
    • Article
      Lock icon Big leap in mobile phone users expected
      245 6 Hutchison predicts 20pc of Britons may be subscribers by 2000 Reuter LONDON Up to 20 per cent of the UK population could be using mobile phones by the year 2000, Hutchison Telecom predicts. But first the industry needs to clean up its act,
      Reuter  -  245 words
    • Article
      Lock icon Reed, Elsevier merge to form publishing giant
      175 6 Reuter LONDON British publisher Reed International and Elsevier of the Netherlands said yesterday they planned a full merger to create one of the world's largest publishing groups. But they may change the financial terms of the merger due to sterling's suspension from the
      Reuter  -  175 words
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      92 4 •KL buying interest firms 21 Rebound in Tokyo 24 Singapore Telecom Changes its Headquarters Telephone Number from 734 3344 to 838 3388. This change will take Our Direct Inward Dialling (DID) lines beginning with J 7302', 7303' and 7304* will be as follows: The number change is necessary because there
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      27 5 H National University of Singapore H Presents PUBLIC LECTURES H I PROFESSOR BARUCH S BLUMBERG I Lee Kuan Yew Distinguished Visitor I ADMISSION FREE. ALL ARE WELCOME
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      472 5 s A Zodiac H[ Modal: 406.41.15 A Automatlc Chronograph > (Dome mineral glass. anti-reflection treatment) T hose who thrive on the thrills of the fast lane know they can rely on the sturdy resilience of a Zodiac. S crew-locked into a block of solid steel (to match their nerves), it
      472 words
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  • Page 6 Advertisements
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      127 6 A. i %ST! ?fcv, 7 'v<■I f Hi My H i KtS A.' X? T, f r I D v V f L is still available j».r,-«? ra^gs Hi %i 5fc V V i < i *.i 1 ■Cratef 9 S "i* ?,C IPr s VI» :f r V mm
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  • FINANCIAL NEWS
    • Article
      Lock icon Thai banks looking abroad to expand
      416 7 Moves into HK, US and Canada on the cards AFP BANGKOK An increasing number of Thai banks are involved in negotiations to expand overseas ahead of financial liberalisation aimed at turning Bangkok into a regional financial hub. At least three of them are looking
      AFP  -  416 words
    • Article
      Lock icon BOT, Mitsubishi merger to create world's largest bank
      272 7 Knight-Ridder TOKYO Reports of a planned merger between the Bank of Tokyo and Mitsubishi Bank stirred interest in both stocks in early trading here yesterday. The merger would create the largest bank in the world in terms of assets and the largest
      Knight-Ridder  -  272 words
    • Article
      Reuters extends on-line forex service to S'pore, HK, Tokyo
      278 7  -  By Paul Leo SINGAPORE Reuters yesterday extended its new electronic foreign-exchange matching service to Singapore, Hongkong and Tokyo. The Dealing 2000 system already available in New York, London, Frankfurt and Geneva enables traders to buy and sell currencies anonymously by computer
      278 words
    • Article
      Good response to Bank of China loan
      203 7 SINGAPORE Singapore's Big Four banks have closed the syndication for the Bank of China's US$l5O million (about Ss24o million) loan that will come in the form of a five-year floating rate note (FRN). The Bank of China's borrowing was oversubscribed, with more than
      203 words
    • Article
      Lock icon Philippine central bank intervention goes awry
      346 7 Reuter MANILA The Philippine central bank has been intervening to stop a rise in the local peso but the moves are causing confusion on the foreign exchange market and may hurt Philippine exporters in the long run, according to bankers. The Central Bank has
      Reuter  -  346 words
    • SMALL CHANGE
      • Article
        Bill on tougher rules for US debt market downed
        109 7 WASHINGTON The House on Wednesday overwhelmingly rejected a Bill that would have toughened oversight and operation of the massive US government securities market. The controversial Bill to reauthorise part of the Government Securities Act, introduced onto the floor on Tuesday, was
        109 words
      • Article
        Gota suspends debt repayments
        87 7 STOCKHOLM Gota AB, the parent company of Sweden's fourth largest bank, is suspending payments to creditors. The move on Wednesday came at the end of a day of financial crisis in Sweden, which culminated in a rise in the Central Bank's marginal lending rate to 500
        87 words
      • Article
        IMF warning over rate cuts
        76 7 WASHINGTON The US Federal Reserve and other central banks must be careful about cutting interest rates because of the turbulent effects those changes have on world financial markets, an official from the International Monetary Fund said on Wednesday. The markets would counteract the positive effects
        76 words
      • Article
        Lawyer blames White House
        92 7 ATLANTA The defence lawyer in a multi-billion-dollar bank fraud case made public on Wednesday information that he says proves that the Bush administration, blinded by foreign-policy considerations, never thoroughly investigated the possible complicity of one of Italy's largest banks. Bobby Lee Cook said a government task
        92 words
      • Article
        Caution over real-estate issue
        91 7 NEW YORK Fleet Financial Group's announcement that it is accelerating its sale of problem assets is the latest sign that banks are eager to put their real-estate problems behind them, analysts said on Wednesday. But they warned that as more banks rushed to cut prices on
        91 words
      • Article
        No dividend from Nippon
        65 7 TOKYO Nippon Housing Loan Co, the largest of Japan's financially-troubled housing loan firms, will not pay any dividend for the six months ending Sep 30. The firm posted a parent current profit of 1.15 billion yen (5514.7 million) and net profit of 738 million yen in
        65 words
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      Page 7 Advertisements Column 1
      78 7 Ro4 Wortd *v t MI We are largest watch boutique Singapore. Large, only in space, but also Rolex watches we A from the Rolex Explorer to the stately solid gold Rolex Day-Date. duty. why every 4 memorable HK|P^ experience. Come a new 3 measure ofservice, in luxurious surroundings, city. We
      78 words
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  • THE REGION
    • Article
      Lock icon Myanmar to stay under military rule: junta chief
      318 8 UPI YANGON Myanmar leader Gen Tan Shwe, dashing any hopes that his junta may be prepared soon to hand over power to an elected government, has said that for "political and security reasons" the military regime must remain until "the appropriate time".
      UPI  -  318 words
    • Article
      Lock icon Jakarta seeks Tokyo's help for commodity market
      257 8 Reuter TOKYO Indonesia will seek technical assistance from Japan to set up a commodity futures market, the head of the Indonesian commodities regulatory body says. "Indonesia, which exports many primary products, needs commodity futures as an infrastructure for hedging and price discovery. We
      Reuter  -  257 words
    • Article, Illustration
      Lock icon Philippines turning into drug smugglers' haven: Estrada
      250 8 AP MANILA The Philippine Vice-President said yesterday that lax law enforcement had made the country a haven for international drug smugglers from Hongkong and elsewhere. Vice-President Joseph Estrada made the statement two days after agents of his anti-crime task force killed five alleged
      AP  -  250 words
    • Article
      Lock icon Khmer Rouge ends boycott of UN military panel
      330 8 Reuter PHNOM PENH In a concession to the Cambodian peace effort, senior Khmer Rouge officers yesterday rejoined a United Nationssupervised joint military committee after boycotting it for more than three months. "Yes, the Khmer Rouge is there," said Lieutenant-Colo-nel Dick Palk, military
      Reuter  -  330 words
    • Article
      Lock icon Arrest of Taipei group's chief unlikely to affect M'sian deals
      279 8 AFP KUALA LUMPUR Investments in Malaysia by Taiwan's textile and electronics giant, the Hualon group, will not be affected even though its head has been arrested in Taipei, a Taiwanese businessman said yesterday. "I personally think investment here will not
      AFP  -  279 words
    • NOTE BOOK
      • Article
        More practising birth control in Philippines
        73 8 MANILA Greater numbers of the Philippines' urban poor now practise birth control, but the condom remains unpopular and drunken husbands often make the effort useless, according to a study published here yesterday. University of the Philippines professor Josefina Cabigon found that 46 per cent
        73 words
      • Article
        Beijing, Hanoi holding talks
        67 8 HANOI China and Vietnam are to open negotiations here today on their territorial disputes, following months of Chinese muscle-flexing apparently designed to show who holds the position of strength. Chinese Vice-Foreign Minister Xu Dunxin was to enter Vietnam through the Friendship Gate, crossing a land border
        67 words
      • Article
        Record sugar output in Vietnam
        37 8 HANOI Sugar cane production in southern Vietnam has reached a 17-year high but it is not being refined because contraband sugar imports are flooding the market, the Vietnam News Agency said yesterday.
        37 words
      • Article
        Japanese version of Camembert
        74 8 ISIGNY, France The first Japanese version of the French Camembert has started rolling off production lines on a lush, green island known as the "Japanese Normany," the Isigny dairy cooperative here announced. The cooperative of Isigny-Sainte-Mere, in the Camembert heartland of Normany, helped develop the project.
        74 words
      • Article
        US envoy against Indon aid cut
        77 8 JAKARTA Newly-appointed US ambassador Robert Barry on Wednesday opposed attempts in Washington to cut military aid to Indonesia after an army massacre in East Timor. Mr Barry, speaking at a lunch organised by the American Chamber of Commerce, said it was difficult to predict
        77 words
      • Article
        Manila wants to meet guerillas
        55 8 MANILA Philippine government negotiators are willing to meet guerillas in their mountain strongholds to help end a 23-year-old communist insurgency, Defence Secretary Rcnato de Villa said on Wednesday. President Fidel Ramos has rejected a proposal by the communist-led National Democratic Front that peace talks be
        55 words
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  • THE WORLD
    • Article
      Lock icon More Japanese businesses call for income tax cut
      458 9 Cut needed to stimulate personal spending: survey Asahi News TOKYO Japanese business leaders and opposition politicians are increasingly calling for a cut in income tax amid the sluggish personal spending that is contributing greatly to the current economic slowdown. Some are demanding
      Asahi News  -  458 words
    • Article, Illustration
      Lock icon Sony to launch portable multimedia player
      120 9 Reuter NEW YORK Sony Corp said on Wednesday that it will introduce next month a US$999 (S$ 1598) portable multimedia player, a one-kg device that marries some of the capabilities of compact disc players, video players and computers. To help sell the machines, companies
      Reuter  -  120 words
    • Article
      Lock icon Plans for first Bush, Clinton debate dropped
      244 9 pgparag^ Reuter WASHINGTON Plans for a first US presidential debate next week were cancelled on Wednesday after President George Bush snubbed a deadline for agreeing to participate, but rival Bill Clinton pledged to show up anyway. A new poll, meanwhile, finds that Mr
      Reuter  -  244 words
    • WORLD WATCH
      • Article
        Schedule for destroying N-arms
        71 9 UNITED NATIONS The destruction of Iraq's chemical weapons is expected to take six to 12 months, the UN special commission responsible for scrapping Baghdad's weapons of mass destruction said on Wednesday. Reporting on the work of a small team of UN experts who visited Iraq from
        71 words
      • Article
        Russian foreign trade declining
        53 9 MOSCOW Russia's foreign trade has fallen rapidly this year, and the country is running a trade deficit of US$2OO million (Ss32o million), the Itar-Tass news agency reported on Wednesday. Total foreign trade was U5543.2 biUion from January through August, down 27 per cent from the same
        53 words
      • Article
        UAE sets terms for Iran
        62 9 DUBAI The United Arab Emirates (UAE) wants to maintain relations with Iran but will use "all possible means" to win back three strategic Gulf islands taken by Teheran, a senior official said on Wednesday. Saif Said Saaed, director of Gulf affairs at the UAE Foreign
        62 words
      • Article
        S African whites shoplifting
        44 9 JOHANNESBURG Recession is driving a rising number of South Africa's affluent whites to shoplift. Security research firm Securitysearch said on Wednesday that the highest incidence of shoplifting in the country was in Johannesburg's prosperous white suburbs of Sandton and Bedfordview.
        44 words
    • Article
      Lock icon IMF sees growth for E Europe next year
      173 9 AFP WASHINGTON Eastern Europe should enjoy economic growth next year, but the countries of the former Soviet Union are likely to see their economies shrink by 6.5 per cent, said an International Monetary Fund (IMF) report published on Wednesday. The IMF said
      AFP  -  173 words
    • Article
      Lock icon W German economy slowing, warns Bundesbank
      302 9 Central bank sees no upturn in east Reuter FRANKFURT The Bundesbank has warned that the western German economy is slowing down and says an upturn in the depressed east is still not in sight. In its monthly report for September, the German central bank
      Reuter  -  302 words
    • Article, Illustration
      Lock icon Gorbachev attacks Yeltsin policies
      280 9 AFP BERLIN The break-up of the Soviet Union has left the economies of its member republics on the verge of catastrophe and most of their citizens yearning for the old ways, former Soviet president Mikhail Gorbachev warned here on Wednesday. Making the first speech by a
      AFP  -  280 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      293 9 larger N. the you fW Jr- confidence your tour on began with them. Taylor Made metalthe often played clubs on the Senior you can the course on have What s a new leading-edge the the .technology that Taylor distance increment metalwoods to the from club t0 The Taylor Made ICW
      293 words
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  • Article
    Construction's salve
    467 10 EDITORIAL TWO REPORTS relating to the construction industry made news on Wednesday. One was the government's policy change to allow more foreign workers on Singapore's construction sites. The other was the conviction of a contractor involved in the illegal hiring of foreign construction workers. The reports revolve around
    467 words
  • WHAT THE OTHERS SAY
    • Article
      Thailand on probation
      279 10 WHILE there is considerable cheer in the way the Thai election has turned out, with those parties that accept the Anand Panyarachun precept of professional and honest government coming out slightly ahead numerically, the horse trading going on tells of an immutable feature of Thai politics: personalities
      279 words
    • Article
      Litterbugs, beware!
      108 10 CLEANING up public places as one way to educate recalcitrant litterbugs is not something new. The practice is a common alternative sentence in many countries. The other alternative would be applying social pressure on the individual. This is effectively done in countries like Japan and Switzerland. The social
      108 words
    • Article
      The Aedes menace
      119 10 JUST how harmful is the Aedes mosquito to the health of Singaporeans? According to the Environment Minister Ahmad Mattar, there were 2,176 cases of dengue haemorrhagic fever caused by the Aedes mosquito last year, of which six persons died. Another unique problem is the large number of
      119 words
  • REGIONAL VIEWPOINTS
    • Article
      Seeking London's support
      156 10 THE surprise meeting in London today between the Governor, Mr Chris Patten, and Prime Minister Mr John Major and other senior officials will be the clearest signal yet to China, as well as to Hongkong, of the type of leadership and direction the territory can expect in
      156 words
    • Article
      Business acquisition tax
      177 10 DIRECTOR-General of Tax Mar'ie Muhammad's directive last week on the tax treatment of property sale or transfer transactions, though only the reaffirmation of existing tax rulings, should be welcomed as part of the government response to public concern over business deals, notably those involving internal business acquisitions.
      177 words
    • Article
      Back to the barracks
      161 10 THEY have had enough of rule by the military, but democratisation should be achieved patiently through the parliamentary process that, in a nutshell, may well be the choice the Thais came out with. In the general election that was to jump-start Thai democracy after the tumult
      161 words
  • Article, Illustration
    New mood in Manila
    1024 10  -  The Philippine government's decision to relinquish its claim on the Malaysian state of Sabah is evidence of a new era, writes Said Abdullah Said Abdullah THE RAMOS government's bid to drop Manila's 30-year-old claim on Sabah signals a new positive mood in the Philippines, say analysts
    1,024 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      474 10 iPibm INESS times Toll free Tel No; 737 0Q43 Fax No: 734 3098 [LfH] HWA HONG CORPORATION LIMITED kmH (Incorporated in the Republic of Singapore) HALF YEARLY REPORT ANNOUNCEMENT UNAUDITED CONSOLIDATED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1992 GROUP COMPANY 1992 1901 1992 1991 Half Yew To 30
      474 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      36 10 DOONESBURY GARRY TRUDEAU \Kourrefajhuwlueso&xA \earAfmuf\ \APtos.\ KUC9. NOfrf WE A MINUTS, 1 1 HEY, ¥O,UHOS6 ZT uwhjust umismis, after 22 sfZZSP* mRAuSSs Because cuxxal wars* F*BAW UPMtK3_ I UTTIS&FL! tUPRZPRO- fWFKXVON MMNCMt! j tax...\ uax* J *>«-
      36 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Making money from mayhem
      956 11 European currency crisis NYT CENTRAL bankers propose, and the markets dispose. The world's currency markets, it seems, are no longer governed by central bankers in Washington and Bonn, but by traders and investors in Tokyo, London and New York, as the chaos in the currency markets
      NYT  -  956 words
    • Article, Illustration
      Lock icon Frustration from unification
      1422 11  -  Alan Riding examines the reason for the chaos in Europe's currency systems Alan Riding NYT The currency systems of Western Europe have been thrown into disarray with speculators taking hold of exchange markets. They sold weaker currencies like the British pound, the Italian lira, and the Spanish
      NYT  -  1,422 words
    • Article
      Lock icon How the EMS works
      233 11 NYT THE EUROPEAN Monetary System, begun in 1979, was designed to foster currency stability and promote economic policies to reduce inflation throughout Europe. The currencies of the 11 members before Britain's decision to suspend participation on Wednesday are linked in trading bands. For eight countries Belgium,
      NYT  -  233 words
    • Article, Illustration
      Lock icon The fear of a French denial
      604 11 Reuter WITH only three days to go until France puts the Maastricht Treaty to a make-or-break referendum, diplomats in Brussels are becoming downright apocalyptic in their assessment of what is at stake. Unnerved by a French blackout on opinion polls in the week leading
      Reuter; Source: FT  -  604 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      886 12 IU Nothing Beats A Bud, fftffinflll where to wine, dine Pkino OF Our Tim Sum promises to leave a foreign taste in your mouth. Sink your teeth into authentic Tim Sum without flying to Hong Kong. You see. that's where our Seafood Theatre chels hail from. They'll tempt you with
      886 words
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      Page 12 Advertisements Column 2
      354 12 WE VE JUST BRED A NEW WINNER at The Stables The Businessmen's Derby Lunch Cfff- A delcctabic choice of appetisers and soup, closely by your pick from five delightful /I main dishes and a selection of desserts Finish M i„ with coffee or tea. Only $28.00+ Qjyyw 555 Orchard Road.
      354 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      664 12 TELEVISION AND RADIO TTip Frpnr+irrmn'c ■■•£'c££L<m). d.XV/XXXXXdrI.X Uclvlv 7 25 |2l l^jli2^ I YI^ yThe 5.55 PM Opening followed by Gold uS^OAy 1 1 Mjs 818£85. .9 II Nightiy B«sm«s Report Lighten <C). 10.00 World News (M). 7.05am1.30pn, 5.05pm, 1.05 am: [I] H 8.00 Columbus and the Age of Ms-
      664 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Oldies but goodies
      716 13  -  Video games and Nintendos are expensive fads, but trolls and Barbie dolls are forever. Eben Shapiro goes budget shopping in Toyland Eben Shapiro NYT A WAVE of nostalgia is sweeping Toyland, where high-tech-nology video games no longer rule the toy store shelves or children's wish lists. In
      NYT  -  716 words
    • Article
      Lock icon A new era for the artists of Vietnam
      354 13 AFP ANEW generation of Vietnamese painters has quietly abandoned socialist realism and other official forms of art imposed by the communist government until the mid-1980s. Unlike their counterparts in the former Soviet Union, they are reluctant to turn their new-found freedom into
      AFP  -  354 words
    • Article
      Kinski and Jones expecting child
      268 13 chatterbox" ACTRESS Nutissja Kinski and music producer Quincy Jones are expecting a child, a publicist said in Los Angeles on Tuesday. The 32-year-old actress already has a seven-year-old boy and a six-year-old girl with estranged husband M Ibrahim Motissa. Jones, 59, has six children. He
      268 words
    • Article, Illustration
      A rock 'n' roll opera
      39 13 FRANKFURT US rock musician Frank Zappa attending the dress rehearsal for the premiere of his opera YeUow Shark at Frankfurt's opera house on Wednesday. The premiere was staged here yesterday by the Ensemble Modern.
      39 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      168 13 AND ENTERTAIN THE OCEAN'S CATCH Our Seafood Buffet on Fridays are "fishy" affairs. Drop by for the freshest catch from the ocean At Cafe4n-the-Park Buffet Lunch from 12 pm Buffet Dimmer from 6.30 pm At $19.50+ per person A ANA HOTEL For reservations, please call SINGAPORE W Hniim Ma. Smgapor*
      168 words
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      Page 13 Advertisements Column 2
      79 13 Off dun finder has finmce avulabie far domestic sod commercial projects of good ra Uiwmuwi 1 msHson USdoflan. Write to PO Box 22-3788 to Pobbcitss CH-1002 Lsossaoe. our Maple Leaf s kitchen has a special great value set-menu for the diners. I Seafood Set Lunch A vartct y exquisite Cantonese/Sze-cHarfc
      79 words
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      Page 13 Advertisements Column 3
      163 13 *J\. V,:-v V.fSg?; ■V.'" ''VAs Authentic As You Can Get 4 From Sichuan. Atontona^ntfii .-'v' f? be pleasantly surprised at how delicioualy original our Skhuan dishes are. Come discover m this unique taste experience. Iji/I Let our Sichuan mastermWwi Execute Chef Hiieh Chin Un W lavish you with delirious y
      163 words
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  • FOCUS
    • Article, Illustration
      Lock icon The politician who stood up for Asia
      823 14  -  US Representative Stephen Solarz was beaten on Tuesday in his bid for a 10th term. Who is the man, and how does his defeat affect US policy towards Asia? Robert Reid and Salil Tripathi report Robert Reid,Salil Tripathi AP American Representative Stephen Solarz,
      AP  -  823 words
    • Article, Illustration
      Solarz's defeat leaves Asian expertise gap in White House
      968 14 ARCANE gerry-man-dering laws in the US have robbed the US Congress of an influential policy-maker whose voice was heard with irritation and respect by Asian leaders from Kabul to Kyoto. Saddled with the burden of the House cheque-kiting scandal, Representative Stephen
      968 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      3 14 vP-.v'c.* BMto* > *> '*i~'
      3 words
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      Page 14 Advertisements Column 2
      75 14 BUSINESS SEMINAR IN CAMBODIA Phnom Penh CAMBODIANA HOTEL 7 NOV TO 10 NOV 92 LIMITED SEATS. Register before 8.10.92 to avoid disappointment. Twin Sharing $2,800. Single Room $3,200. The Fee covers return air-ticket, visa, meals, hotel seminar. Itinerary Includes: a) Business Seminar by leading speakers from Government Ministry, UNTAC, Foreign
      75 words
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  • SPORTS 1
    • SIDE LINES
      • Article, Illustration
        Faldo on his way to new earnings record
        181 16 SAINT-NOM-LA-BRETECHE, France Nick Faldo was set to tee off yesterday in the U*****,000 Lancome Trophy on the brink of setting a new earnings record and seeking his fourth straight European victory. Faldo, who picked up his fifth career major title at the
        181 words
      • Article
        Gustafsson twists ankle
        66 16 BASTAD, Sweden Magnus Gustafsson, a member of the Swedish team to face the US in the Davis Cup semi-finals in Minneapolis next week, missed Wednesday's practice after twisting his ankle during an earlier workout. "It hurts when I walk and I may have to go to Germany
        66 words
      • Article
        Slaney, Budd for Sydney Mile
        113 16 SYDNEY Mary Decker-Slaney of the US will race South Africa's Zola Budd-Pieterse on Oct 16 in the Sydney Mile, the first meeting between the two in a major international event since the 1984 Olympics. In the 3,000 metres at Los Angeles, Decker-Slaney, the gold medal
        113 words
    • Article, Illustration
      Lock icon Up, up and away
      367 16 AP BANGOR, Maine Five high-tech helium balloons lifted off before daybreak on Wednesday on a perilous, unprecedented race across the Atlantic that will end when one of them crosses any paved road in Europe. Hundreds of spectators lined the runway at Bass Park racetrack as the
      AP  -  367 words
    • Article
      Lock icon Lopez aims for third straight LPGA win
      291 16 AP KENT, Washington Nancy Lopez is on a roll, and that's where she hopes to stay. Though she could do without the overtime. When the Safeco Classic began yesterday, Lopez was to start shooting for her third straight LPGA victory. She won the
      AP  -  291 words
    • Article
      Lock icon Daly a hit with crowds at Hardee's
      257 16 AP COAL VALLEY, Illinois A year since his astounding victory in the PGA Championship, John Daly still attracts big crowds as he takes even bigger swings at the Hardee's Golf Classic. Daly was the crowd favourite in preliminary events of the tournament, which
      AP  -  257 words
    • Article, Illustration
      Lock icon Ukrainian Olympic hopes high despite lack of funds
      781 17 Reuter KIEV The odds will be stacked against Ukrainian atnletes when they compete in the Olympics for the first time in their own right, denied the old advantages of the formidable Soviet sports machine. Gone will be the vast organisation which supplied
      Reuter  -  781 words
    • Article
      Lock icon Fischer wins ninth game, leads Spassky 4-2
      127 17 AFP SVETI STEFAN, Yugoslavia American grandmaster Bobby Fischer won the ninth game in his tournament, billed the "re-match of the century", against the Rus-sian-born French grandmaster Boris Spassky here on Wednesday. The victory, which came at the 21st move after more than three
      AFP  -  127 words
    • Article
      Moves of the ninth game:
      310 17 Bobby Fischer white: Boris Spassky black Ruy Lopez opening 1.e4 e5; 2.Nf3 Nc6; 3.8b5 a 6; 4.8xc6 Fischer once again plays the Ruy Lopez opening, but innovates here with the exchange variation which he contributed to popularising in the mid-1960s 4. dxc 6 5.0-0 ffc;
      310 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      904 16 0 BANCO DO BRASH S.A. CONDENSED BALANCE SHEET AS AT DECEMBER 31, 1991 INCOME STATEMENT tool ASSETS iwi (in Cr$ (In Cr8 thousands) thousands) INCOME FROM FINANCIAL CURRENT AND LONG-TERM ASSETS 71,235,679,795 INTERMEDIATION **********2 rw. Credit operations 7,4054)***** Liquid assets with financial institutions 195,•©•,020 Securities income 2371,005,070 Securities 3,048,774,712 Compulsory
      904 words
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      Page 16 Advertisements Column 2
      1212 16 ———i——— 1 H flk CHEMICAL INDUSTRIES (FAR EAST) LIMITED. Z'J NOTICE OF MEETING ti NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ot Chemical Industries (Far East) Limited will be held at the Registered Office of the Company at 52 Jalan Bur oh, Singapore 2261, on Thursday. 15th October
      1,212 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      741 17 M BT^B -^Sss x s J* »> 1 tw wf ■?WJt£*i.> it <4a|•MK»e3K HF ML is SmL: tl^. In OB hS\ k JH p^^jfc. k rafl W m H|pr a WL:~ JM 'W 't „v:r'-* :> CLAWS FOR CELEBRATION Succulent Maine Lobster (Sept 1 Oct 31) This one's a dream
      741 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII falls on worries over currency crisis
      3939 18  -  By S N Vasuki EUROPE'S currency crisis continued to cast a shadow over stock markets worldwide yesterday. Share values on the Singapore market stumbled for the second day because of the snowballing European crisis and the benchmark Straits Times Industrials Index closed 15.97
      3,939 words
    • Article, Illustration
      Lock icon HOT STOCK
      82 18  -  Quak Hiang Whai THE DAILY CHART shows Cycle Carriage trading within a narrowing triangle. A breakout appears to be imminent. The weekly chart looks slightly more positive, as the prices seem to be on the upward leg of a rebound, with the nine-week moving average ready to cut
      SOURCE: BRIDGE INFO  -  82 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      76 18 fj|j BERTOLUCCI n THf HOUR CLASS Lucky PUu W: 7)*****/1 Scans Tel: *****27/7196 Cmtpox Td *****W T*t )*****9/*****63 PjU.S«efVltSMnc» T*t *****62/543 Rjffl«T«t 14)241 Oung. Awport Twtwml L MM. J I ((<9 ft W«t Wings) Td *****69 A). Term.nil 2 (Sooth W«g) Tet: *****81 Q Sole Agtnl TMt HOUR CLASS 20
      76 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3038 19 !Asia Pacific 1100 -HO +0.9% Roth Inds 50« 510 +10 +2.0% SPH Foreign 1270 +10 +0.8% Prima 580 5 +0.9% Robinson 640 +5 +0.8% NOL 132 +3 +2.3% Scotts Hldgs 60 +2Yi +4.3% Focal Finance 127 +2 +1.6% Sing Inv A Fin 172 +2 +1.2%
    3,038 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      136 19 YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich 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 videotext system in the world. Pot
      136 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3395 20 M Banking 580 +15 +2.7% UMW 324 +8 +2.5% Ganda Hldgs 80 7 +9.6% Innovest Bhd 36'/> +6 +19.7% Petaling Gd 50* 110 +6 +5.8% MISC Foreign 422 +4 +1.0% Multi-Purpose 79 +4 +5.3% Shell 394 4 +10% H Leong Cfedit 251 +3 +1.2% Uniphoenix
    3,395 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      31 20 BI^S^N_^SSTIMES Toll free Tel No 737 0043 Fax No: 734 3698 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To ■your Appointments or Notices, cat toft-free 737-0043 h Basin ess Times
      31 words
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      Page 20 Advertisements Column 2
      341 20 BOUSTEADCO SINGAPORE UMITED (Incorporated in Singapore) LOST SHARE CERTIFICATE Share certificate no *****0 covering 7,500 shares in the name ot the estate Meyer Ezra Isaac, deceased has been reported lost, mislaid or destroyed NOTICE IS HEREBY GIVEN that new certificate will be issued and the above original certificate will be
      341 words
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      Page 20 Advertisements Column 3
      287 20 THE COMPANIES ACT, CAP. 91 INVESTHOLD PTE LTO (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Investhold Pte Ltd duly convened and held at Block 623 Aljunied Road #0607 Aljunied Industrial Complex. Singapore 1438 on Thursday the 10th day of September, 1992, the following special resolutions set out
      287 words
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      Page 20 Advertisements Column 4
      253 20 IN THE MATTER OF THE COMPANIES ACT, CAP.» ELIKA FURNISHING PTE LTD (Mmbcrs' Voluntary liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, in pursuance of Section 308 of the Companies Act. Cap. 50. that the FINAL MEETING of the members of the abovenamed company will be held at the
      253 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Buying interest firms on indication of rate cut
      5318 21 Bernama BUYING INTEREST firmed on indications of an easing in domestic interest rates to lead share prices in Kuala Lumpur to a higher close yesterday. The KLSE Composite Index at the close added 1.98 points to 587.13, the Industrial Index was 2.04
      Bernama  -  5,318 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      218 22 C—y Data Ytar Crmip N«t Net Marine* Cr*u mr to prafii/lMt (L) ptr Uari dhridMd COOO) (CMto) Pan Pacific Sep 11 Mar 92 $412(1795) 1.3(2.5) 4(4) GPS Sep 7 Mar 92 $13.952($12,546) 41 3(47 9) 11 8TE(11TE) Isetan Sep 7 Mar 92 $7.755($10,140) 235(31) 10(10) Insas Sep 7
      218 words
    • Article
      PRELIMINARY RESULTS
      282 22 Company Date Year Croap pra-tax Nat aaraiags Crass aaa ta profit/lass (L) par (Jura dhridaad (*000) (carts) Eu Yan Sang Sep 14 Jun 92 $2,059(11.426) 9.4(5.1) 1(1) GK Goh Sep 11 Jun 92 $12,937($15,609) 4.3(5.1) 10(10) FM Ins Sep 7 Jun 92 A$46,3631 ($288,2261) -(40) Sea View Sep
      282 words
    • Article
      RESULTS FORECAST
      154 22 lata Umi Last M Tmt Fmcast Mi M UM IPS ■ri Tmt EPS Cms praM tap tap Cmw PwM Mjr (cte) (SHI) (SSa) (cts) First UpM F Sep 20 Jun 92 5 4 10 8.890 7.0-12.0 43-74 Im Qm F Sep 24 Jun 92 2 0 2 0
      154 words
    • Article
      OTHER RESULTS DUE
      516 22 UiM Last Fal Tear Com PwM Ban Te* EPS tat M mmmttt «*g (cto) pw» Mpa (STtM) EMS Final Nov 6 Jul 91 30TE 17.878L MS lad Intenm Aug 23 Dec 92 7.9 5 0 50.908 I Uh Interim At« 23 Dec 92 10 8 4 5
      516 words
    • Article
      INTERIM RESULTS
      579 22 C— »—y Data HaH-yaar Gro«p pra-tax tetartai aaa to praftt/laM (L) GMmti COM) Dairy Farm Sep 16 Jun 92 US582,800(578,600) 29.6(27) Promet Bhd Sep 16 Jun 92 M515,899(59.730) Tong Meng Sep 16 Jun 92 5762(5751) Amcol Sep 15 Jun 92 $16,400(527.498) Paramount Sep 15 Jun 92 M51,063(5270) Inchcape
      579 words
    • Article
      DIVIDENDS ANNOUNCED
      962 22 Carrwrt Ex Books Mo Total for Total far piywoot data doso payabio tka yoar yaar MOB 50c 35%(b) Sep 10 Sep 24 Oct 23 3.5% 3.5% Acmi 5% (I) Sep 18 Sep 30 Oct 15 5% 12.2% Nn Up 50C 6%(b) Aug 26 Sep 7 Sep 24 6%
      962 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      823 22 Trans Rafisterad Substantial Bay/ Na. af JUaaaat SkarahaMiag Stack Data HaMar SkafafeaMar/Dkactar Sad skaras Mara Altar Gotdtroo 16/09/92 Ong Soon Kiat B 899.000 579.855 28.565.000 1440 29.464.000 1490 U Securities 15/09/92 Chung Khaw Bank B 130.000 95.699 10,833.000 0 00 10.963.000 0 00 U06 14/09/92 U01 S
      823 words
    • Article
      CORPORATE DEVELOPMENTS
      211 22 Sep 16 Singapore Automotive Engneemg Ltd has devised an aircraft equivalent of the black box for vehicles. It enables a driver's driving behaviour patterns to be recorded amongst other things. MBf Hokfinfs Berhad, through its wholly-owned subsidiary in Hongkong, MBf Asia Capital Corporation Ltd, intends to acquire a
      211 words
    • Article
      APPROVED ISSUES
      204 22 Company Rights Issue Gotten Hap* One-for sa MSI 50 per share Ei-date Aug 27 Books dose: Sep 10 Acceptance I Payment: Oct 22 IMS OnMor-one MSS 00 per store Ex-date Sep 7 Books dose: Sep 21 Acceptance I Payment NYA OUT One-tor-two SI 50 per share Ex-date Aug
      204 words
    • Article
      PROPOSED ISSUES
      517 22 Company Rights Issue Mwi Tart One-toe-one SI 00 per share M* SM One-for three MS2 20 per share Issue of *****m 50* Cumutabve Redeemable Preference shares of 10 sen each 1992/97 (CRPS) with 141 to *****m Transferable Sutecnptaon lights (TSR) for an aggregate pnee of MSI per CRPS
      517 words
    • Article
      COMPANY MEETINGS
      235 22 Nnmka Hokfinp Ltd: AGM at 3 Shenton Way, #034)5. Shenton House, Singapore 0106, on Friday, Sep 18, at 12.00 noon Kin Ei« Hokfings Ltd: 3rd AGM at Regent Hotel, Tomfcnson Room (Level I), 1 Cuscaden Road (off Orchard Road), Singapore 1024, on Friday, Sep 18, at 9.00 am
      235 words
    • Article
      SCRIPLESS CONVERSIONS
      276 22 Conversion Special Trig Scriplw Coa version deadline Period Trades Company starts (IDP) (ST) «tam Alex Hides Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 Oct 8 Oct 9
      276 words
    • Article
      RECORD HIGHS & LOWS
      143 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 h*t 1316.68 (21/2/92) 1»* h* 1545.92 WJW® 1992 loir. 1122 50 (18/8/92) 19M tar 1310.95 (18/8/92) 991 Mt *****8 3/6/91 1Ml 1565 58 (3/6/91) 1991 tar 1022 52 6/1/91 1149 08 (16/l/91) 1990 Mc 435 43 6/7/90 1«> < 27
      143 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      331 22 la local ran- la S$ la US$ dy yr dy yr dy yr Sep 16 Index cfage chge chge chge chge chye World 381.1 -0.6 -6.7 -1.5 -8.1 -1.8 -7.0 *EAFE 443.2 -1.3 -11.7 -2.8 -12.7 -3.1 -11.7 Europe 392.9 -0.3 -4.5 -3.1 -6.3 -3.4
      331 words
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  • Article
    CHINA STOCK EXCHANGES
    294 23 The China markets report were not available. The figures shown are Wednesday's closing prices and indices. THE Credit Lyonnais Securities Asia (CLSA) All China Index, launched in May, is the first index to track all shares on the Shanghai and Shenzhen stock exchanges. It is backed by
    294 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Stocks close mixed in selective blue-chip buying
      958 23 JAKARTA STOCK prices closed mixed in selective buying of blue chip issue yesterday, brokers said. The Composite index ended at 296.40 points, down 0.33. Trading was fairly active but market interest was mixed, bringing some bluechips up and keeping others under selling pressure.
      958 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Prices rise sharply on political optimism
      2157 23 Reuter INVESTORS, optimistic about attempts by pro-de-mocracy parties to form a new governing coalition, yesterday bought heavily in the afternoon after an expected correction failed to materialise, brokers said. The SET Index rose 10.93 points or 1.34 per cent to 824.26 on heavy turnover
      Reuter; Source: Bridge Info  -  2,157 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      64 23 Advertising Marketing in Business Times every Thursday lIIUHff HI lIIMiniIWAIJI rnfTTTM inrTTTHf Il ***** I H 11 I 111 lA II I I Find out I I_l 1 I I I H Ift I r I I■ I 1 VI I I Personal Investment and Finance. II I I H
      64 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks stage rebound, close firmer
      2531 24 Reuter TOKYO STOCKS staged a technical rebound to close modestly firmer yesterday, though off their day's highs. Active targetting of incentivebacked issues and indexlinked buy programs helped buoy prices, but many investors, with a wary eye on jittery currency markets, stayed away, brokers said. "It's
      Reuter  -  2,531 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices rise in cautious trading
      2404 24 Reuter HONGKONG SHARE prices rose slightly in cautious trading on the local stock market yesterday with the Hang Seng Index gaining a mere 4.77 points to close at 5,637.90. The All Ordinaries Index ended at 2,998.80 down 2.99 points. Turnover also rose to HKSI.94 billion
      Reuter  -  2,404 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices end firmer in nervous trade
      2052 25 Reuter AUSTRALIAN share prices closed slightly firmer yesterday after drifting in a narrow range, as nervous investors kept an eye on volatile currency markets. "The market has done surprisingly well considering the uncertainty posed by overseas markets. It's put up a good performance,"
      Reuter; Source: Bridge Info  -  2,052 words
  • REGIONAL STOCK MARKETS
    • NZ shares firm, ignoring overseas tumult
      • Article
        NEW ZEALAND
        357 25 j NEW ZEALAND shares ended higher i on large volume yesterday, ignoring the i overseas tumult caused by Britain's deJ cision to suspend sterling's membership i in the European currency grid. It was similarly unaffected by the 1 EC's monetary committee attempt to j stabilise European currency trading
        357 words
      • Article
        TAIPEI
        558 25 TAIWAN'S stock market plunged 6.1 per cent yesterday to close at a 20month low in panic selling on news that major market players had failed to make NT$l.7 billion in payments to brokerages for stock purchases. The Weighted Index closed 222.83 points down at 3,441.69. Falls outnum- bered gains
        558 words
      • Article
        MANILA
        526 25 MANILA share prices finished lower yesterday on profit-taking, brokers said. The Composite Index slipped 6.42 points to end at 1,427.02 from day's close of 1,433.44. "There was some profit-taking among the blue chips. My guess is that the rally may run out of steam soon. Many issues are already
        526 words
      • Article
        SEOUL
        751 25 A FOLLOW-THROUGH sell-off yesterday put further pressure on Seoul's wobbly stock market, sending it to a lower close for the third consecutive session, brokers said. "The index continued to fall today because profit-taking following a recent surge prevailed in the market," a trader at Bankers Trust International pic said.
        751 words
      • Article
        INDICES & TURNOVER
        51 25 INDICES TURNOVER Close PrwoM Sep 17 NEW ZEALAND NZSE-40 Capital 1,483.95 1,469.87 14.08 MANILA Composite Index 1.427.02 1,433.44 -6.42 Turnover (mil pesos) 348.7 264 •f 84.7 TAIPEI Weighted Price Index 3.441.69 3,664.52 -222.83 Turnover (NTS billion) 188 13.8 -5.0 SEOUL Composite Stock Index 533.66 539.30 -5.64 Turnover (billion won) unav
        51 words
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  • WORLD STOCK MARKETS
    • US stocks end mixed in choppy trading
      • Article, Illustration
        NEW YORK
        1380 26 NEW YORK stocks finished narrowly mixed in heavy but choppy trading on Wednesday as investors assessed the confusing monetary developments in Europe. Stocks opened broadly lower following Britain's decision to boost interest rates, but bounced back later on rumours that Germany would cut interest rates again and gained
        1,380 words
      • Article, Illustration
        LONDON
        705 26 SHARE PRICES crashed and then recovered in a hectic day's trading on Wednesday, falling after two increases in British interest rates but then rallying on rumours German rates were to fall. At the close, the FT-SE 100 Index was up 8.3 points to 2,378.3 from the previous day's close,
        705 words
      • Article
        FRANKFURT
        195 26 FRANKFURT STOCKS lost ground on Wednesday in turbulent trading, operators said, as the DAX Spot Trend Index ended the day at 1,584.56 points, down 2.99 from Tuesday's close. The Commerzbank Indicator finished the session at 1,733.4, off 24.7 on the day. Major losers included AEG, off 2.90 marks on
        195 words
      • Article
        AMSTERDAM
        292 26 AS CURRENCY and interest rate shock waves crackled across the European Exchange Rate Mechanism, investors found a safe bolt hole in Dutch blue chips and financials, with trimmed domestic rates providing a soft lining. Despite starting sharply lower in line with a very worried London market, Dutch shares on
        292 words
      • Article
        MILAN
        244 26 ITALIAN SHARES closed sharply down on Wednesday, although short covering boosted prices from the opening lows to which the market was hammered by the weakness of the lira and worries about France's Maastricht Treaty referendum on Sunday. The MIB All-Share Index closed S.OS per cent lower at 696. Trading
        244 words
      • Article
        ZURICH
        134 26 THE FIRM SWISS franc helped share prices to overcome early losses and end higher in lively Wednesday trade. Strong demand from abroad helped shares up as the mark fell more than a centime to just above 87. Mark weakness is seen as increasing the scope for lower interest rates,
        134 words
      • Article
        STOCKHOLM
        144 26 SWEDISH SHARES closed mixed after the Central Bank raised marginal lending rate back to 75 per cent from 20 per cent on Wednesday morning. After market close the bank raised the same rate still further to 500 per cent. But a stronger dollar stopped share prices from collapsing in
        144 words
      • Article
        JOHANNESBURG
        513 26 JOHANNESBURG SHARES bounced off morning lows to post a 2.13 per cent rise in steady trade on Wednesday as uncertainty in foreign exchange markets pushed gold price to five-week highs, dealers said. Mining financials, industry al and financial services sector shares* mirrored weak overseas equity markets.., Boosted by strong
        513 words
      • Article
        TORONTO
        382 26 TORONTO STOCKS closed near the day's low on Wednesday as uncertainty surrounding European currencies ancf interest rates pummelled bank stocks, dealers said. The same uncertainties boosted gold shares. The Gold Index surged 3.35 per cent or 183.21 points to' 5,660.3. "Today was golds, golds and"; golds," one trader said.
        382 words
      • Article
        PARIS
        197 26 THE PARIS bourse finished a rollercoaster Wednesday with a dramatic upswing but dealers said there was no telling where prices would head. The market see-sawed on news of currency tensions, news concerning President Francois Mitterrand's health, shock interest rate moves and, finally, rumours of a new, coordinated plan to
        197 words
      • Article
        INDICES & TURNOVER
        74 26 INDICES TURNOVER NEW YORK Cloa« Plciiow Sep 16 Dow Jones SAP 500 Turnover (million) 3,319.21 419.92 231.60 3.327.32 -8.11 419.77 +0.15 211.86 +19.74 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,716.4 2,378.3 640.3 1,725.7 2,370.0 506.3 -9.3 +8.3 134 FRANKFURT DAX Index 1,584.56 1,587.55 -2.99 AMSTERDAM EOE Index 289.77
        74 words
      • Article
        Untitled
        117 26 Brussels Sep 16 Frmaca FORWARD MARKET Acec 2550 Arbcd 3210 -35 Astur 600 Brascan 480 8 Canpac 424 10 Cock 141 unch De Beers 478 17 Ebes 7730 GBdg(P) 1900 unch Gb-lnno-Bm 1318 10 Gevaert 6250 unch Gr Bai Lamb 2500 50 Hobok Pctro 8790 40 Ryl Dutch 2700 40
        117 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      25 26 The Brussels market report was not'. available.; Managers must manage. BT shows you how every Monday. When people want fast results they call C.A.T.S. 737-1166
      25 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback weakens against sterling in European mid-session
      1170 27 REPORTS THE US dollar lost some of its strength against the British pound as sterling rallied on European markets but was holding most of its recent gains against other currencies at yesterday's mid-ses-sion. The dollar also softened after the Bundesbank said it was
      1,170 words
    • Article
      INTERBANK FOREX RATES
      410 27 Cross rates Sep 17 USS SS MS Dm Yen SFr AS NZS USS 1.6025 ***** 1.5080 124.90 0.5615 1.3100 1.3643 1.8215 SS 0.6240 1.5713 0.9410 77.9407 0.3504 0.8175 0.8513 1.1367 MS 0.3971 0.64 0.5989 49.6029 0.2230 0.5203 0.5418 0.7234 Dm 0.6631 1.0627 1.6698 82.82 0.3723 0.8687 0.9047
      410 words
    • Article
      MONEY MARKET
      537 27 Interbank rates s$ Bid Offer Overnight 2 2 1/4 1 -month 1 11/16 1 13/16 2-month 1 13/16 1 15/16 3-month 2 2 1/8 Overnight mode: 1-1/4 b'SS Btd Offer 7 diyi 3 1/8 3 1/4 1 month 3 3/16 3 5/16 2 months 3 3/16 3 5/16
      537 words
    • Article
      Lock icon MidAm approves launch date for US$ index futures
      261 27 Reuter CHICAGO The MidAmerica Commodity Exchange said it had approved a launch date of Oct 30 for Mid Am US dollar index futures, subject to Commodity Futures Trading Commission approval of the contract. At its regular board meeting this week, the board
      Reuter  -  261 words
    • Article
      FINANCIAL FUTURES
      1561 27 S1MEX EUHOPOUJUI Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.85 96.88 96.82 96.83 ***** ***** ***** Mar 93 96.76 96.79 96.73 96.74 ***** ***** ***** Jun 93 96.47 96.47 96.42 96.45 4900 8410 8680 Sep 93 96.09 96.10 96.05 96 08 1430 2079 2254 Dec
      1,561 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Opec's refining move poses Asian dilemma
      369 28 Reuter SINGAPORE Opec members' interest in buying refineries worldwide will probably benefit consumers and economies, not harm them as some nations fear, oil analysts say. But the trend may pose a dilemma for Asian governments which need massive capital injections in refining to meet
      Reuter  -  369 words
    • Article
      Lock icon Indian sugar mills hit by huge stocks, weak prices
      340 28 Knight-Ridder NEW DELHI India's sugar industry the world's largest is facing a cloudy future as bulging stocks and weak prices have resulted in huge debts, hindering mills' ability to pay for cane. The crisis has been exacerbated by rising output costs,
      Knight-Ridder  -  340 words
    • Article
      KL tin down 15 sen on heavy profit-taking
      734 28 REPORTS THE Kuala Lumpur Tin Market closed easier as tin price finished 15 sen down to M$ 16.60 a kg yesterday due to heavy profit-taking. Dealers said the market underwent a correction after Wednesday's sharp gain when buyers took to the sideline
      734 words
  • Article
    PRICES
    1475 28 Rubber MS Cimndtty Map (firtwt d»rt»g n «t lpw) ESS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 92 141.00 140.50 140.00 250 1,175 Nov 140.00 139.00 138.50 775 3,425 Dec 137.75 136.50 136.50 825 3,725 Jan/Mar 93 136.50 135.50 135.50 600 16,050
    1,475 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      335 28 Your son studying And you want him close home with news from home. Someone dose has been living in Canada YWvegivenuo You've posted wrfti thn« a manager to head toKST your Tokyo office. ThoStraits Times Weekly tells it better. Weekly, Overseas (He might come back keeps him posted, after reading
      335 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1303 29 Cfty ETA Fl»t CTP MBUMM GA976 0115 GA890 0150 GA970 2205 MM* Qf81 1955 QF82 2205 SQ227 2230 (■Ml KL837 1255 SQ320 1100 SQ323 1815 KL838 2240 l»Ma SQ348 2300 MM NZ35 1560 SQ285 2115 SQ288 2030 NZ36 2355 BA12 2200 ■afcMa GF149 0650 mkmm GA911/524
    1,303 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Death of the Nile
      552 29  -  LETTER FROM CAIRO By Eric Fenster THE great River Nile, giver of life and civilisation to Egypt since before the pharaohs raised their first monument, is about to receive a long overdue cleanup. The longest river in the world is in danger of becoming one of
      552 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      148 29 As at 10m yiitmfaqr Local dollars tooattak of foreign mitmy Currencies Bid Offer Australian dollar 1.1670 1.1770 Canadian dollar 1.3005 1.3205 NZ dollar 0.S675 0.8875 Sterling pound 2.8400 2.8800 US dollar 1.6000 1.6050 Local dollvs to 100 of fuci|i cvmcy Austrian schilling unav unav Belgian franc
      148 words
    • Article
      WORLD TRADE EXHIBITIONS
      81 29 Duration Title Venue Oipniw Td Duration Title Venue Organ aer Td Oct 19-22 LFRA *92 Pafcxpo, INCA FIEJ 4% 151-*****2 Oct 20-22 British Marine Sandown National Boat 0923-*****4 Exhibition A Geneva Research (fax) Trade Show Exhibition Shows Ltd Congress of Association Ctr Esher, Newspaper Surrey Technology Oct
      81 words
  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      250 29 I No front entrance should —"188 THb™" make one cross! (4,4) 5 An expedition to find ani- j— mals for a fair's organised I I I I I I 1 9 Renew tax in a certain -JIL—JIK-— American city quarter (8) H I I I I I I 10 Plain
      250 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      157 29 Singapore Owdook: Showers over anay anas ia the Report Maximum temperature 31.6 Assoc humidity 68% Minimum temperature 24.2 Assoc humidity 95% Houis of sunshine. 2.20 Rainfall in mm 0.6 Rainfall this month 48.5 Rainy days this month. 10 j vfono repon Asia-Pacific Hi/Lo* ComL Auckland IS/11 Clear Bangkok 34/24 Clear
      157 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      22 29 ggESggBBB (P»NVOH£ PoßTtwNis?; luaoie prr Tms f»onti I r III (Zs*r7\ V SS?S«-.'£2^ ccua-ry >i 4-"£—'s^7l 1 ASSOCIATED NCHVAKM LTD., IM2-IM3 1
      22 words
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  • Article
    Lock icon China to revoke illegal tax breaks for foreigners
    450 30 Govt will also act against tax evasion by joint ventures AFP BEIJING China's government warned yesterday that some tax breaks given to foreign investors by localities had violated central policy and would be readjusted. The government would also crack down on "appalling"
    AFP  -  450 words
  • Article, Illustration
    Lock icon Japanese troops leave for historic mission
    141 30 Reuter KURE, Japan The advance contingent of Japan's Cambodia peace-keepers set sail past a small flotilla of protesters yesterday the first Japanese troops to be deployed overseas since World -War 11. Over 12,000 other troops paraded under brilliant blue skies in a ceremony to
    Reuter  -  141 words
  • Article
    Lock icon GM leads pullout of foreign firms from Tokyo bourse
    277 30 NYT TOKYO In a blow to Tokyo's standing as a world financial centre, General Motors Corp and four other large foreign companies announced separately on Wednesday that they would stop selling their shares on the Tokyo Stock Exchange. The decisions seemed
    NYT  -  277 words
  • Article
    Lock icon Another Japanese minister named in graft scandal
    326 30 Reuter TOKYO A Japanese newspaper implicated another prominent politician yesterday in -a spreading corruption scandal. Mainichi Shimbun, quoting prosecutors and other sources, said Hideo Watanabe, Minister for Posts and Telecommunications, took 200 million yen (552.6 million) in undeclared political funds from the Sagawa
    Reuter  -  326 words
  • Article
    Lock icon 'Feminist' financier jailed for bilking female investors
    355 30 AP SYDNEY Four years ago, Maria Avaconi found herself newly divorced, angry and worried. "I was alone for the first time in my life," said Ms Avaconi, now 30. "I wanted a shoulder to cry on and a place to invest my money."
    AP  -  355 words
  • Article, Illustration
    Will Captain Major go down with his ship?
    789 30  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist who contributed this comment to BT. WHEN lemmings insist on hurling themselves over the precipice, heedless of all cries of warnings, they have only themselves to blame. And, like
    789 words
  • Article
    Lock icon Mahathir hits out at Kitingan suggestion on dividing M'sia
    207 30 Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad said yesterday that Sabah Chief Minister Pairin Kitingan's suggestion that Malaysia be divided into east and west would create a situation similar to the time when Bangladesh was East Pakistan. Mr Kitingan had
    Bernama  -  207 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      191 30 Nikon The World's Finest Photographic System Quality in an aae of change SELECTA-NOVA. by nQHSQfoIIO Germany. Top Shower Manufacturer In Europe. Horwgrohe's Setecta was /J/IBJF fa it ImmHlower w#i a variable MSUmr ipray pattern. It becarrwomA- ft //iff v lon-Ming hi and a habnaHt I' of Howgrohequullyfcuiiitte i f//Mf '-X
      191 words
    • Advertisement
      Page 30 Advertisements Column 2
      61 30 Nikon The World's Finest Photographic System PRIME CBD INVESTMENT AT 3 PHILLIP STREET 10-storey office building in prime location Potential Strata area of approx. 4,164 sq m (44,821 sq ft) Ideal for corporate headquarter office Potential for redevelopment to higher plot ratio Tenders close on Bth October 1992 at 4
      61 words
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  • Shipping Times
    • Article, Illustration
      Sembawang-Jurong venture ties up with Chinese team
      402 31  -  The joint venture firm will tap China's corrosion control market By Rahita Elias SINGAPORE A newly formed 50-50 joint venture between Sembawang Shipyard and Jurong Shipyard has tied up with Chinese partners to tap the growing corrosion control market there. Sembawang Jurong Corrosion
      402 words
    • Article
      Lock icon China continues to seize Vietnamese ships despite protests
      198 31 Knight-Ridder HAIPHONG, Vietnam Chinese forces, ignoring protests from London and Hanoi, seized another Vietnamese freighter on Wednesday after it left the British port of Hongkong, Vietnamese officials said. Some 180 Vietnamese sailors and at least nine ships suspected by Chinese authorities of
      Knight-Ridder  -  198 words
    • Article
      Lock icon Lloyd's launches new service to monitor bunker deliveries
      199 31 Knight-Ridder LONDON Lloyd's Register is launching a new service for shipowners and operators aimed at stamping out the problem of short delivery of bunker fuel, the company said. The Bunker Quantity Survey, launched yesterday, will provide an independent report of the quantity,
      Knight-Ridder  -  199 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1138 31 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 Asia Cont Lines 14 5 Asian Break-Bulk 16 4 •ASCL 5 5 •ASXCLShpg 15 2 Austorient
      1,138 words
    • Article, Illustration
      Lock icon Tanker fleet overcapacity rises sharply in first half: report
      506 31 Lloyd's List LONDON Surplus capacity in the world's tanker fleet increased shaiply during the first half of this year, according to a report issued by Petroleum Economics. The report estimates the increase at about 10 million dwt, up to 61.2 million
      Lloyd's List  -  506 words
    • Article, Illustration
      Lock icon Jakarta tells Japan not to let plutonium ship enter its waters
      233 31 AFP JAKARTA Indonesia has pressed Japan to prevent a Japanese ship from entering Indonesian waters while on its way back from France carrying a load of plutonium, Foreign Minister Ali Alatas said yesterday. Mr Alatas said his ministry's Director
      AFP  -  233 words
    • Article
      Lock icon M'sia to discuss safety in Straits with Asean ministers
      354 31 AP KUALA LUMPUR Malaysia, worried about dangerous cargoes passing through the Straits of Malacca, will ask its South-east Asian neighbours next week to help it tackle the issue of safety in the waterway, an official said Wednesday. Malaysia has been especially
      AP  -  354 words
    • LOG BOOK
      • Article
        PSA renews berth agreement with Maersk
        72 32 SINGAPORE The Port of Singapore Authority (PSA) has renewed its appropriated berth agreement with Maersk Singapore. The new agreement is for a period of one year and has been effective since June 92. It now allocates two container berths to the shipping line. Commodore
        72 words
      • Article
        PNOC shipyard draws 52 offers
        84 32 MANILA Fifty-two local and foreign groups are interested in bidding for the 420 million peso (5525.8 million) shipyard owned by the Philippine National Oil Co, the company said. It did not identify the firms but said those who attended the pre-bidding conference were from the
        84 words
      • Article
        NZ port's share offering
        83 32 WELLINGTON Northland Port Corp said the public float of 24 per cent of its shares was 70 per cent subscribed on Wednesday, the first day of the float. The company is offering 10 million shares at NZ$l.25 a share. The float closes on Sep 23. Northland
        83 words
      • Article
        Kitty Hawk wins US postal deal
        96 32 NEW YORK Kitty Hawk Air Cargo, a mid-size Dallasbased charter carrier, has been awarded a 10-year contract estimated to be worth US$l billion (S$ 1.6 billion) to operate the US Postal Service's fleet for carrying its Express Mail and Priority Mail shipments, according to
        96 words
      • Article
        3 UK airports on bomb alert
        80 32 LONDON Three of Britain's main airports, Heathrow, Gatwick and Stansted, all serving London, were placed under security alert on Wednesday night after receiving telephoned bomb warnings, police said. Some 1,000 people were evacuated from Gatwick, Britain's second international airport. At Stansted, police said about
        80 words
      • Article
        2 more MAS flights to Cambodia
        81 32 PHNOM PENH Malaysia Airlines (MAS) is to introduce two more flights to Phnom Penh, increasing its frequency to the Cambodian capital to five times a week either in November or April next year. MAS Managing Director Kamaruddin Ahmad said the Cambodian national carrier, Kampuchea
        81 words
    • Article, Illustration
      Lock icon Keeping up with competition
      1051 32  -  Diana Thomas looks at the various developments planned for Johor port Diana Thomas Lloyd's Maritime Asia JOHOR PORT, situated just across the Johor Strait from Singapore, has grown in tandem with the economic development of Johor state pushing it slightly ahead of Peninsular Malaysia's growth as
      Lloyd's Maritime Asia  -  1,051 words
    • Article
      DAILY FREIGHTS
      822 32 DRY CARGO freight rates moved down slightly in quiet chartering conditions on Wednesday, brokers said. The Baltic Freight Index (BFI) was off one point at 1,052, with the panamax sector looking vulnerable to future reductions. The key US Gulf/Japan rate was reported fixed at U5519.20 for early October,
      822 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      559 32 Catai CahM Sep 11 Denrity Nat* Readuc ht\ Ataman Siinwil Demfty Rater Rcadu* Ml NmMm MM M/M M/M Exxon Ex*m KG/M-3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM BO/Qmac Mb Spec E25 991 To 154 010 30* 010* Eastern USA 180 Ave 985
      559 words
    • Article
      THE SHIPPING GUIDE
      8532 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
      8,532 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        575 47 1 Berth hnttt Oepartiw Venal toy No Berth fcm* Departge Marina Terminal 1 Splendid For 03E/92 P09B 1809/1200 1909/1200 Batam Mum *****2 M04 alongside 1809/0500 Sn N Hua 3 1692 P04 1809/0700 1809/1830 Batammdo 1 1245S M03 alongside 1709/1900 Superior Gl 16/92 P04 1809/1930 1909/0600 Garuda G75
        575 words
      • Article
        CONTAINER SCHEDULE
        1646 47 DELIVERY Of Fa IMPORT CONTAINERS IN PROGRESS S* fry H» Crtww*!* ttp *yN» frrtainars awM* Aa Rose 31B 16.0992 1405 B Serena 884 COO(EST) 17 0992 2300 MetteMs 9208 16.09.92 1425 Guru Bhum 612 COO(EST) 1709 92 2300 B Teratai 373 1609.92 1455 Kota Wirawan WHN013 COO(EST) 17
        1,646 words
    • Article
      TRANSPORT DIARY
      775 48 6: Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at the Marina >fandarin. For further details pteree contact IBC Technical Services at tel: 732-1970 or fax: 7^3-6087. Od -13-16: Seatrade Asia-Pacific QiRije Convention, organised by SeCKade. The event will take p&e£ at The
      775 words
    • Article, Illustration
      Lock icon Lufthansa and financier bid for Continental
      519 50 USs4oom offer is fourth one received by the bankrupt US airline NYT NEW YORK Lufthansa Airlines and financier Marvin Davis submitted a US$4OO million (Ss64o million) bid on Wednesday for troubled Continental Airlines. The so-called qualifying bid, which must be reviewed by Continental before
      NYT  -  519 words
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      Lock icon American may dissolve four-tier fares
      289 50 NYT NEW YORK Financial analysts who met with the chairman of American Airlines said that he suggested the airline might dissolve the simplified four-tier fare structure it started in April. "We will not defend value pricing forever," the chairman, Robert L Crandall, said of the
      NYT  -  289 words
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      Lock icon HK to sell property to raise funds for airport project
      219 50 AFP HONGKONG The Hongkong government yesterday proposed selling off 61 hectares of land and property worth an estimated HKS4O billion (SsB billion) along the route of a proposed new rail link to help finance the territory's ambitious airport project. Details
      AFP  -  219 words
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      Lock icon BA-USAir deal may pave way for freer US-UK air ties
      515 50 NYT NEW YORK US Transportation Secretary Andrew H Card J r acknowledged on Wednesday that an approval of British Airways' proposed US$75O million ($1.2 billion) investment in USAir could be a strong lever to extract more liberal terms for the
      NYT  -  515 words
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      Lock icon PAL orders six Airbus A340s with options for four more
      198 50 AFP MANILA Philippine Airlines (PAL) is buying six Airbus A 340 long-haul jets worth US$62B million (SS99B million) to upgrade its European service, and is taking options on four more, the newly privatised firm confirmed yesterday. Deliveries of the planes
      AFP  -  198 words
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      Lock icon Blue skies ahead for Air New Zealand, say analysts
      546 50 Reuter WELLINGTON Air New Zealand appears to have weathered a turbulent time since it was privatised and is now flying towards calmer skies and good profits, analysts said on Wednesday. They predict the company will on Monday report a net profit
      Reuter  -  546 words
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      13 31 Um« aml mtvlcm rtfrnnM by For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      192 31 the FAMOUS ■![.HII.'U 224 1833 For more information please refer to Pg. 13 Johor to keep up with competition, Pg 2 Lufthansa, financier bid for Continental, Pg 20 SAIL IN COMPLETE COMFORT AND SAFETY "Blue Clipper" (ex "Spirit of Hennesey") is a modern high class Swedish sailing schooner, well appointed,
      192 words
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      92 32 could be a controversial deal between two stock I market stars, a thought-provoking report by "tqi university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
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      2652 33 OOCL (3) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 \lllAr BOOKINGS TEL: *****34 *****58 "Ym TERMINAL/CFS TEL: *****18 220 ITBftMfITI PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L %SSw A PORT KELANG TEL: *****18 FAX *****91 *****88 Dedicated to Quality Service Sg^L^JSJ^sSg?' CFSm: 349,04 im.lUUl P.GUDANG TEL: *****2/3 FAX:
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      1575 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT ilk I UNITED ARAB SH//MNCfSAGjMIM I vsL/voY sm wyc 1 bol air sav 9 a BMMM M 17/99 Wll a/16 M/M H/M u m hum m K/11 am 17/11 H/U n/u ■■mm 17/n
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      Page 33 Advertisements Column 3
      1467 33 ■□IiViH.HHWI* WEEKLY DIRECT CALL TO SHIMIZU i LEDA MAERSK V.9211 ETA SIN 24/9/92 ETA SHIMIZU 6/10/92 Veeael Voy ETA ETO Feeder by DESTINATIONS Leerort/Arias Tt*» M# MaiMiic MM* 920e ■^KSOESSEEEIiBIHDEmBSB^KSHXiRSIffinMHTmnnEmi^^^Hi 22/9 0400 h«s PHI HH M CFS 21/9 2359 MRS JOM LPK PEN OAK LGB MOO MEM ATL MIA CMS
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      1408 34 rdam/ HM—crxrrrFyn VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE -«-> ->-*] HOECHST EXPRESS 05/337 20/9 7/10 9/10 12/10 I I 111 HAMBURG EXPRESS 10/138 24/9 3/10 17/10 13/10 12/10 HANNOVER EXPRESS 10/336 27/9 14/10 16/10 19/10 20/10 KURAMA 18/139 1/10 10/10 24/10 20/10 19/10 FRANKFURT EXPRESS 64/339
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      485 34 FCL Breakbufc Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole forwarder In Kabul for all services C.1.5.-Voetochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea a Vietnam e Mongolia a Hungary CSFR a Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ffTA SM VILLE DE LA FONTAINE 20/09 VILLE
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      Page 34 Advertisements Column 3
      1412 34 -——J —r" 1 Brlaaaaaia mw REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SW ALQ BCL^^HA|I^^B«E!^FJO^^ANT^^FE^^^LHA| NOEASIA SMGA 9229-3 22/09 14/10 16/10 11/10 19/10 20/10 21/10 22/10 23/10 I NOSASIA SUSAN 9230-3 29/09 21/10 23/10 25/10 26/10 26/10 27/10 21/10 29/10 I NOftASIA SHARJAH 9231-3 05/10 2S/10 30/10 02/11 03/11 04/11 05/11
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      1892 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****83 Fax: *****17 ACCEPTS CARGO DUE SM.S SfKATOH MM PENH ljb i*" 1 20 S*> 21 Sap ARKTIS PXMCCSS W203 TOUT 19 Sap J? 1 lII] MKTS HUNCESS ¥9205 2« S«p 30 Sap RAJAH BROOKE VI6C
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      Page 35 Advertisements Column 2
      2245 35 SINGAPORE AGENT: PXtA PArfetQlflAt*G P4O Containers (Singapore Agencies) Pte LUtr X (XW VjUIHCIIIICI O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 v Ta(: 225 2233 Tatax: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Mum bar: **********0Z VESSEL VOV KM fKQ MM ALQ 80U ANT ROT HAM VESSEL
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      602 36 Sflßß CR NBA **********0-D EXPRESS SEMI CONTAMERSHIP SERVICES TO EUROPE Ifc/WY STOK MMM/MUUI »K 800 «7W» WTAI/2SW S/ll J/11 15/11 20/11 23/11 IMTMUM/33N8 25-21/11 30/12 2/1 5/1 11/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subpart to lnduc*m«<«t. Also accepting cargo to Casablanca, Rort Said, Port Alexandria, Genoa, Trieete. M.SO
      602 words
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      Page 36 Advertisements Column 2
      1378 36 (g) HANJIN SHIPPING ——I^— TO *51 SM LME HAUL IB ONI FW SM |UK HAUL SAV Ul NYC HAHJM OSAKA 002E 20/9 DKCT 11/10 14/10 HARM! KRANGYANG 092E 21/9 M. PVERTY 024E 29/10 30/10 1/11 HANJM HONGKONG 035E 27/9 DKCT 18/10 21/10 HARM KUNSAN 079E 2S/9 H. SAVAMIAH 034E 5/11
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      Page 36 Advertisements Column 3
      1247 36 ttliFflVPiiPß'T^nw*ll sH IM BiHiHHßHliHHlHMMlhHKißHhHiilkiß|l3|B|liiLH^HU3KK^^H^h^^^^^^^^l I fn 39 IX ICC KIS PUS tIT on KT 9fi HO UU CMS M RTC LM MM BU nf IK P9 Ckß HI SfiP I I f amnKM?" 2/2 M/! .J'f!,?', 1 M5 WM 12/11 a/w «/U 4/11 7/11 17/11 U/U U/ll 21/11 a/11 1/1211/12
      1,247 words
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      Page 37 Advertisements Column 1
      1268 37 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/*****90 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 KZZ aust/incha/pak service NEPLINE SON BHD MALAYSIA NEPTUNELINK TEL: (03) *****23
      1,268 words
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      Page 37 Advertisements Column 2
      343 37 CENTENARY SHIPPING SERVICE WEEKLY TOLL OOffTAJMER DIRECT SERVICE I SINGAPORE/HO CHI MINH CITY Mow providing Container Trucking toVungtau, I ftoaiHoaawMiaty I VESSEL'S mw VOY. NBM ETA/D S POKE ETA/D HCM cmr TANAM AM 87N/8 21-21 »IPT 24-28 SEPT S2 TANAM AM 8»N/S 28 28 SEPT 01-02 OCT 82 TANAM AM
      343 words
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      Page 37 Advertisements Column 3
      174 37 I m NIPPON EXPRESS B #asi Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA, NAGOYA, KAOSHIUNG HONG fcONG, BANGKOK. KEELUNG, KOBE USVAUSTRAUA WEEKLY LOS ANGELES (LONG BEACH). NEW YORK CHICAGO. SYDNEY, MELBOURNE EUROPE WEEKLY FELIXSTOWE, ROTTERDAM. HAMBURG DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS SERVICE TO WEST
      174 words
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      Page 37 Advertisements Column 4
      1060 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUKES: *****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 EASTBOUHP—OBCHWqWG WESTBOUO-lOODWC TMICHrfED W HOTTOHMM «a» ww Imla me
      1,060 words
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      Page 38 Advertisements Column 1
      1686 38 nzn 1 K 44 "W M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD {CR No: **********0 M) W W WT> TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/^9 m m M r%| M MALAYSIA: 'K' LINE MARITIME (MALAYSIA) SON BHO I Mm** A U m TEL SA *****00 PK *****01/5 PENANG *****0
      1,686 words
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      Page 38 Advertisements Column 2
      1034 38 PHILI-ORICNT UN€S PT€ LTD <4^ Qr/9 BY AIR, LAND OR SEA.... -&&L WE TAKE ON THE WORLD FOR YOU Ift <?PP SYDNEY MELBOURNE, BRISBANE, FREMANTLE linlcTrul ,o<~u 18 SEP AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHBISTCHURC 28 SEP SUVA. NOUMEA. PAPEETA. APIA. LAUTOKIA. SAN ANTONIO antafagesta. guaiouila. benuebentura —-I ijjUfAjjJlU'fl
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      2252 39 UOAIPIL PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********06 t jjjjjjjjjjjjjj^ VESSEL VOV m* T mm VESSE^^^^^^^VO^^slnbKl^^SM KOTA MOAH 3.1 20/. Si Si J^EES*" 1 ST*" 22 £2 £2 nimfli tcbatai ij-» mm MM O KOZJHTIcV 37N 20/9 23/9 27/1
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      Page 39 Advertisements Column 2
      815 39 f P GUOANG PENANG P KELANG OCEAN VSL/VQY SIN SOU (l) E _W9 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 16/10 18/10 19/10 21/10 (J 2/10 2110 3/10 BENARTY 2392 6/10 23/10 25/10 26/10 28/10 E 9/10 9/10 10/10 ALSIA 2402
      815 words
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      Page 39 Advertisements Column 3
      274 39 II BSA^ TRANSPORTATION M MYANMA \flßk FIVE STAR LINE (Myanmar National Line) Loadni for Yangon (Rangoon) S port PJOg Pot P 6df MMBMAY V3SN ki ft fWT* VI24W ki PI PAGAN VIWN In Pt M »r«-«N mm ki pi NIGERIAN NATIONAL SHIPPING LINE MP NIGERIA EXPRESS SERVICE CPC WVER MAJE
      274 words
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      Page 42 Advertisements Column 1
      1603 42 Conventional Semi-Container Full Container Liner Services Liner Services u*,», Agents: Indonesu s Agents: G—erel Agents: Booking Agents: Geoerel Agents: Bootleg Agents: Quo bum SMppt* S4o tW Ckmg Ckieo Sfcfcpt* S* MM FJ. Gtokol Retro Mooosio Mortthm Wtfc Fung SMppiKg it ttfcpfcf Frafcftt I||U< Create** Afdw Costsr Skipping Pit Ltd StMi
      1,603 words
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      Page 42 Advertisements Column 2
      594 42 EVOnS TO HONBHM6, TNRJW, MANLA ft MNN "TKS HEKLT" MALACCA STRAITS SERVICE IOMIOBB WT HO. Pa T N lilt MO BnoWK M wwl |<PKL wt \m |na FBI M.W m picnc mmm a nu nu iu iu u hj im »j mj i n «a mx i«m zm hj at
      594 words
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      Page 42 Advertisements Column 3
      534 42 M.V. "ASIAN ORCHC" V.lB ETA S PORE OCT 3: DIRECT CALL MANILA OCT 12 GUAM 18/10 SAP AN 20/10 TRUK yV PCNAPE -HONIARA t yncp ap Y y ►•MAJURO WICORROR SUVA APIA NOUM? >* >' PA PA M.V. "ASIAN ORCHID" V.lB ALSO ACCEPTING FCL/LCL CARGO TO: MICRONESIA SOUTH PACIFIC PORTS
      534 words
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      Page 43 Advertisements Column 1
      619 43 FAMOUS CONTAINER LINES '0 ANSON RD. #15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PHtEAUS 20/9 ROTTERDAM 20/9 HAIFA/ASHDOD/ALEXANDRIA 20/9 HAMBURG/BREMEN 20/9 MARSEILLE/FRANCE 20/9 FELIXSTOWE/UK 20/9 BARCELONA/SPAIN 20/9 LEHAVRE/ANTWERP 20/9 GENOA/ITALY 20/9 GOTHENBURG/SCANDINAVIA 20/9 LOS ANGELES/WC/IPI 20/9 SYDNEY/MELBOORNE 20/9 NEW YORK/EC 20/9 FREMANTLE/ADELAIDE 21/9 VANCOOVER 20/9 BRISBANE
      619 words
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      Page 43 Advertisements Column 2
      738 43 3^MHHtunK!nS Si TEL: *****33 (12 Line*) L=| FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANOtK€T 28WB tS/10 OARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAV WONZ Mwe 08/11 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA g
      738 words
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      Page 43 Advertisements Column 3
      484 43 JAKARTA BANGKOK I I' ->'] i#ri mrnrnrni BDUA BMUM 44S 19/09 22/09 IARU BHUM 42N Fri M Pt Hw 21/09 mm WW IMS 23/09 24/09 WAMTA BMUM 107W Ui 19/W am "P"* BWiM 26/09 n/0i WYA BMUM*## KIH Mow 21/09 Tli 24/09 WAMA BW4 ICO 30/09 3 lB MAHA BMUM#
      484 words
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      Page 43 Advertisements Column 4
      326 43 ra"T»sr VSL VOY MHOAPORE MADRAS ■NOAPORE KSa VOT SM MM SM nta mm m m n H-n/n *****10 THI SUED 222* 20-71/W 27-29/01 #644/11 THJ SIM 34* 24-2S/0S JMI/J# 17-M/1I nta bodge 22* n-n/« m-m/ii imvio VSL VOY SMQAPORE/CALCUTT A/SMQAPORE «sa DOT SM CM. SM nta «a isccn 20-20/00 2741/11
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      1540 44 EMUmac-nels groupage IK|VM'\ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 *1* m P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 P I HKG/TWN/BKK I GOTH/U.K/MED PORTS 1 •j m SIN PEN PK SIN y 21/9 22 9 "0°! Kon l Ldn/Flx/Rdm/Ant 25/9 26/9 27/9 24^9 2 &/9
      1,540 words
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      Page 44 Advertisements Column 2
      306 44 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SJN HI STAR 0528 In Pt 30/9 2/10 11/10 PREMER 20S 2/10 14/10 IS/10 1/11 MUIBERA 29S 15/10 27/10 29/10 15/11 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH,
      306 words
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      Page 44 Advertisements Column 3
      1136 44 f THONG SOON UNES PTE. LTD. 77 ROBMSON ROAD #15-00, #16-00 SIA BULDM6 SMGAPORE 0106 TEL: *****8S FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO C6WVgtfTI6MAUfc6WTAIHK CWTAWI* IWBIUM J SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor Is PORE [PEST VESSEL VtT Sfttt P.
      1,136 words
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      Page 45 Advertisements Column 1
      837 45 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALL AO, MAT ARAM, 10* t OTHER PERUVIAN TORTS* WITH T/S AT KOBE ON CPV THROUGH BIL Of LADING. ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOJI, TOKYO*, MANI.A*, DAVAO*, P«un(* P. KeUnf
      837 words
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      Page 45 Advertisements Column 2
      597 45 \CZ3 ZIM Iwl COBtBIBBT SBTVICB LmLU N.AMERICA/CARRIBEAN SERVICES HESSEL K1 MMUa »0T LAI KST SAY WTC HI m TOR TO 75E 21/9 ZM PUUN 171 22/10 31/10 4/U i/U l/U M KAOHSMK 134E 20/9 2M CANADA 7E N/10 l/U 12/11 14/U 16/11 m MAf 7« 3/10 2M CANADA 71 30/10
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      Page 45 Advertisements Column 3
      660 45 w MULTI-MOM MPTM TO LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTINO FCL/LCL OOBAI. OAMMAN SHARIAH. DOHA MUSCAT. BAHRAIN. ABU DHABI. BANDAR ABBAS IEOOAK FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG JAKARTA. BANGKOK. HONG KONG. TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONOON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE. HAMBURG. ROTTERDAM ANT WE P.
      660 words
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      Page 45 Advertisements Column 4
      416 45 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 TRANSMPKNT 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 CARMIOOKIM LUCKY TRANSPORT A FREIGHT CI (PTE) LTI
      416 words
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      Page 45 Advertisements Column 5
      560 45 i| m? SIN FAR EAST >.g 21/9 KEELUNG/KAOHSIUNG 20/9 BANGKOK i 25/9 MANILA/CEBU r f 20/9 JAKARTA/BELAWAN/SURABAYA 1 21/9 PORT KELANG/PENANG/E. Malaysia ,1 21/9 BUSAN J--30/9 TOKYO/YOKO/KOBE/NGO/OSA 0 C 21/9 HONG KONG P S|N CHINA 21/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG 5 TIANIIN/QINGDAO/HAIKOU -g also accepting LCL cargo SW EUtOPE/UK i 26/9
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      Page 46 Advertisements Column 1
      748 46 ECONOLINESI We deliver 2040 points throughout 17 We provide weekly consolidations to 32 countries In conformity with 13 imcoterms Discharging ports at own Bonded Warehouse total demands in shipping for carrying your with in house customs service and Routier goods from door to door trucks for home deliveries at cost
      748 words
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      Page 46 Advertisements Column 2
      425 46 Eonterm/ CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND WELLINGTON LYTTLETON (CHRISTCHURCH) 29 SEPTEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 20 SEPT JAKARTA 22 SEPT PENANG 24 SEPT PORT KELANG 24 SEPT FREMANTLE 24 SEPT MELBOURNE 28 SEPT SYDNEY 28 SEPT FELIXSTOWE 26 SEPT HAMBURG 26 SEPT ROTTERDAM 26 SEPT
      425 words
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      Page 46 Advertisements Column 3
      449 46 BNext Week's Sailings Singapore Singapore Los Angeles Manila 25/09/92 (Onforwarding 27/09/92 fk Singapore Tel: 778 6522 ff 19 Fax: 779 2738 0^ < h ha,, Johore Tel: 07-*****8 W3Sy Fax: 07-*****3 Alfred Ng 7&AA£S~Z/A//C I y c r c a corao/ Hri ■>«««* KO-RO SERVICE •X TIE NATMNAL SffC C—3
      449 words
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      Page 46 Advertisements Column 4
      278 46 CHINESE-POLISH JOINT STOCK SHIPPING CO CONT AfO/BREAKBULK I ~j I JAN OLUGOSZ *43 27/9 ROTTERDAM/HAMBURG/ GDYMA I KARLOMCZ V.SO 16/10 CASABLANCA LBAI V.22 1/10 HUANGPU/XMGANG/SHANGHAI BALTIC FAR EAST SHAPING PTE LTD 2 IHSTRI ROAD #10-00, MIC BULOMG. STORE 0207 TEL: *****69 FAX: *****09 TLX: RS ***** BALFES OEL ORIENT EXPRESS
      278 words
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      16 47 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.
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      Page 47 Advertisements Column 2
      160 47 j WEEKLY LCL CONSOLIDATION SERVICES TO EUROPE WITH CONNECTION TO MORE THAN 206 INLAND POINTS. AUSTIN HUNGARY BELGIUM HKLANO SWITZERLAND RULGARIA ITALY SPAM OENMARR NORWAY SWEDEN FMLANO NETHERLANDS TURKEY FRANCE PORTUGAL GREECE POLAND UNITED KNMDORI GERMANY ROMAINA YUGOSLAVIA MAKE YOUR ENQUIRIES TODAY HOT LIME 273-0466 YUSEN SEACARGO ■««s agent of
      160 words
  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      310 47 TIDES AND WEATHER T TODAY'S TIDES (height in metres) 1 HOW MM not 02M 1310 MM KM MM 07M MM MM IMO UN 12M UN 14M ISM 16M17MISMIM 2M 21M TM TM JR 16 12 14 24 22 18 1.3 10 09 09 1.1 1.5 2.1 27 29 2.8 2.5
      310 words
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      Page 48 Advertisements Column 1
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      Page 48 Advertisements Column 2
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      Page 48 Advertisements Column 3
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
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      Page 49 Advertisements Column 2
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      Page 49 Advertisements Column 3
      837 49 EXPORT TO: JEDDAH/UK/CONTNENTT STOMC ICD rrON ITMMC IDAM lEH Ah* Accwti* C»f« F*: HOICKS! EXTtESS 15/337 21/1 7/11 l/ll 12/11 13/11 Sa*»—plow :t«al UK 4ntnitwi Mm and Dufcfc HAHHMG EV 11/131 24/1 l/ll 17/11 13/11 12/11- UtSST :bd AMMI, ImMM OMIMW HAIMNU EOTESS 11/331 27/1 14/11 11/11 11/11 21/11 :toal
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