The Business Times, 28 September 1992

Total Pages: 48
1 48 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-k ASIA 75* Monday, September 28, 1992 MITA (P) 35/12/91
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  • NEWS SUMMARY
    • 74 1 TAIPEI Taiwan is to cancel its current loan ceiling for large private projects in a bid to boost domestic investments, which are recovering slowly from sharp downturns in recent years, officials said yesterday. Private firms whose investment projects are worth more than
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    • 64 1 KUALA LUMPUR Rescue workers struggling to control a fire aboard a Hongkong container ship which collided with an oil tanker in the Straits of Malacca have found the charrcd bodies of 12 seaman. The ship's operators said yesterday that a rescue team, wearing gas masks,
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    • 28 1 THE Chinese government has ordered tighter controls on credit in a bid to slow growth and head off a new bout of overheating Page 2
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    • 34 1 A GROWING number of Singapore companies are setting up manufacturing operations in Eastern Europe, betting on the region's large labour pools and easy access to the Russian market Pag® 2
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    • 33 1 A WAVE of kidnappings sowing terror in the Philippines could badly harm a drive by President Fidel Ramos to lure foreign investment to the stagnant economy, foreign businessmen say Page 8
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    • 26 1 RUSSIA'S central bank has warned that the country's budget revenues are exhausted, largely because of a big fall in tax income Page 9
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    • 32 1 BRITISH Prime Minister John Major is facing growing rifts in his ruling Conservative Party over the Maastricht Treaty in spite of attempts by ministers to rally support Page 9
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    • 20 1 THE Chinese-American who owns and heads Bugle Boy Industries lived through the rags-to-riches saga, twice. Page 11
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    • 31 1 THE container ship Ocean Blessing, which was involved in a collision with an oil tanker in the Straits of Malacca,is a complete write-off, rescuers said. Shipping Times Page 1
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  • MARKET SUMMARY
    • 36 1 HONGKONG real-estate group Hang Lung Development said profit after tax and payments to outside interests climbed 18.2 per cent to HK.51.32 billion (***** million) in the year ended June 30 Page 3
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    • 35 1 KELANG Container Terminal Bhd, which is seeking a listing on the KLSE, has forecast a pre-tax profit of M 548.35 million (5530.8 million) for the year ending Dec 31, 1992 Page 3
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    • 27 1 TECHNOLOGY Resources Industries (TRI) has recorded lower pre-tax profit of M 58.31 million (555.3 million) for the six months ended June 30 Page 3
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    • 29 1 WESTPAC Banking Corp managing director Frank Conroy has said the bank needs at least 18 months to get its earnings and finances back into shape Page 4
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    • 32 1 OLIVETTI deepened its losses to 93.4 billion lira (SSI 19.8 million) in the first six months owing to the continuing turbulence in the world information technology industry. Page 6
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    • 29 1 REINSURANCE in Singapore, traditionally confined to general insurance business, has taken a broader role to cover underwriting of life insurance risks as well Page 7
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    • Article, Illustration
      28 1 Friday Change BT-MGA 650.96 4.90 Kuala Lumpur ....602.60 +9.53 Tokyo 18,394.76 -215.19 Hongkong +2 In« Svdncv 1.496.4 -10.8 New York 3,250.32 -37 55 London 2,601.0 -20.2
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    • 24 1 Exchange rates uss S$ 1.6010 100 Yen SS 1.3248 MS SS 0.6378 Money market rates Overnight 1 3/4 1/2 3-month 1 11/16% unch
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    • 37 1 S'pc M'si ire Oct.... 1 ia Oct 2 1.50 unch KL Tin -16 -0.11 Tur Spa nover t M! 26tonnes S16.19/kg Cru Tur de palm oi nover 1 813 lots -381 Oct MS8 81 /tonne -2
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  • 550 1  -  But market observers dismiss this conclusion By Lilian Ang SINGAPORE The debate over which way the residential market is headed continues, with the focus now on landed properties in prime districts. Local broking firm Summit Investment Research, in a report on the Singapore
    550 words
  • 259 1 SINGAPORE The Australian government may float 100 per cent of its national carrier, Qantas Airways Ltd, rather than sell the airline to any of its three foreign suitors. Australian Finance Minister Ralph Willis yesterday said that if bids from Singapore Airlines, British
    259 words
  • 393 1  -  SDC clubhouse tender includes 100-lot car park By Kooi Cho Teng SINGAPORE Cars may be allowed on Sentosa island once the causeway link is completed. TTie Sentosa Development Corporation (SDC) has called a tender for a two-storey clubhouse with a
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  • 245 1 BANGKOK Thailand will reduce its armed forces by 25 per cent over the next decade because the external threat to country has diminished in the post-Cold War era, a top general was quoted yesterday as saying. That includes a 15
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  • 608 1  -  By Anna Teo SINGAPORE The gov- < ernment has named a 17- I member Cost Review Committee that will look into I ways to keep inflation low < and help Singaporeans and businesses cope with un- i avoidable cost increases.
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  • Page 1 Advertisements
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    • 21 1 Hock Lock Siew: Great expectations for Brierley in 1995, Pg 3 Asean emerging as key caucus in Apec, NAM, Pg 10
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    • 54 1 I Official Typewriter Sponsor v_*' of the 1992 Olympic Gam<?s i Where to leave your troubles when you fly JAL. of JAL's experienced flight attendants. Yes, business life on the road can be tough. Bu a eas JAL's world of comfort, you can leave your troubles behind. 1b Japan Airlines
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  • PAGE 2 NEWS
    • 634 2 Move seen as clear sign of growing anxiety over possible surge in inflation AFP BEIJING The Chinese government, just six months after ending an economic austerity programme, has ordered tighter controls on credit in a bid to slow growth and head off
      AFP  -  634 words
    • 321 2  -  By Lee Han Shih SINGAPORE Senior Minister Lee Kuan Yew today begins his sixth official visit to China, an 11-day programme that involves meeting China's President Yang Shangkun and delivering a keynote speech at a high-powered investment seminar in Beijing. Mr Lee, who heads
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    • SINGAPORE ROUNDUP
      • 45 2 SINGAPORE has opened a consulate in Johannesburg, South Africa. The Ministry of Foreign Affairs said over the weekend that the consulate was opened yesterday. Verghese Mathews, a career foreign service officer, has been appointed Singapore's first consul to South Africa.
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      • 73 2 THE Singapore Diabetic Society should expand its role to be the referral centre for general practitioners who are too busy to train their patients on good self care, the Minister for Health, Yeo Cheow Tong, said yesterday at the society's 21st anniversary dinner. Diabetes is
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      • 70 2 TO REMAIN a regional hub, Singapore needs a vibrant cultural and intellectual climate on top of good infrastructure, said the Minister for Information and the Arts, George Yeo, on Saturday when he opened the new regional headquarters of Reuter. The Republic, he said, welcomed "men and
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      • 106 2 ANY suggestions on ways to improve the safety of cruise ships and passengers? If you have ideas to offer, send them to the Review Committee on Passenger Ships Safety, c/o Marine Department, 1 Maritime Square #09-66, World Trade Centre, Singapore 0409, or fax number *****31. The
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    • 580 2  -  By Helen Chang SINGAPORE A growing number of Singapore companies are setting up manufacturing operations in Eastern Europe, betting on the region's large labour pools and easy access to the Russian market. While hundreds of companies are already doing trade with
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    • 318 2  -  By Salil Tripathi SINGAPORE Sri Lanka is making another pitch for investors from Singapore. Ranil Wickremasinghe, the Sri Lankan minister of industries, science and technology, will launch Sri Lankan Business Week today at the Mandarin Hotel. Singapore investors pumped a total of
      318 words
  • Page 2 Advertisements
    • 1011 2 A The Mitsubishi Bank, Limited Incorporated in Japan with Limited Liability CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME MARCH 31, 1992 AND 1991 FOR THE YEARS ENDED MARCH 31, 1992 AND 1991 1992 1991 ™»1 Millions of Yen Millions o« Yen Millions of Yen Millions of Yen ASSETS Interest Income:
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    • 308 2 SECURITY EDUCATION BETTER SAFE THAN SORRY SECURITY MANAGE- H SECURITY MANAGER ME NT AND CONTROL CHIEF SECURITY 29th Octobcr OFFICER TRAINING The APRO School of 19th to 22nd Octobcr Security Education will be This course is for Chief conducting an additional Security Officers and Security Security Management and IP Department
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  • COMPANY NEWS 1
    • 404 3 Group and subsidiary planning bonus issues Bloomberg HONGKONG Hongkong real estate group Hang Lung Development said profit after tax and payments to outside interests climbed 18.2 per cent to HKSI.32 billion (***** million) in the fiscal year ended June 30 from HKSI.I2 billion the
      Bloomberg  -  404 words
    • 227 3 MBT KUALA LUMPUR Technology Resources Industries (TRI) has recorded a group pre-tax profit of M 58.31 million (555.3 million) for the six months ended June 30, 1992, against M$ 10.58 million in the previous corresponding period. The lower profit was posted in
      MBT  -  227 words
    • 234 3 MBT KUALA LUMPUR Golden Hope Plantations, through wholly-owned Golden Development, is looking into the possibility of turning 4,000 ha of its plantation land into property development. Of the 4,000 ha, about 1,200 ha are located in Selangor, a further 1,200 ha in Perak
      MBT  -  234 words
    • 375 3 MBT KUALA LUMPUR Boustead Holdings has posted a 40 per cent increase in group pre-tax profit to M$ 50.05 (Ss32 million) million for the year ended June 30, 1992, thanks largely to a significant increase in contribution from its plantations division. The profit came
      MBT  -  375 words
    • 844 3  -  THE HOCK LOCK SIEW COLUMN By Alvin Tay SINGAPORE Shareholders of New Zealand-listed Brierley Investments Ltd will be looking to 1995 with great expectations. Last year, when Brierley shares were about NZ$l apiece, chief executive Paul Collins committed management to doubling
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    • 416 3 Bernama KUALA LUMPUR Kelang Container Terminal Bhd, which is seeking a listing on the Kuala Lumpur Stock Exchange main board, has forecast a pre-tax profit of M 548.35 million (5530.8 million) for the year ending Dec 31, 1992. KCT also
      Bernama  -  416 words
    • COMPANY BRIEFS
      • 78 3 KUALA LUMPUR Hong Leong Credit (HLC), which made a mandatory cash offer for ordinary shares in Malaysian Resources Corporation (MRCB), has received million shares, representing 7.97 per cent of the issued and paid-up capital of MRCB as at the close of the offer
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      • 79 3 KUALA LUMPUR OYL Industries has proposed to buy the remaining 49 per cent stake in Razatec, comprising 735,000 shares of Msl each for M 56.86 million (554.4 million) or M 59.33 a share, which will be satisfied through an issue of 1.96 million new OYL
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      • 68 3 KUALA LUMPUR Malaysian Helicopter Services Bhd has recorded a 71.3 per cent rise in operating pre-tax profit to M$ 14.94 million (559.6 million) for the six months to June 30, 1992, against M 58.72 million in the previous corresponding period. After-tax operating profit amounted to M
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      • 54 3 KUALA LUMPUR Negri Sembilan Oil Palms (NSOP) has recorded a 33 per cent jump in group pre-tax profits to M 53.76 million for the six months ended June 30, 1992. The improved results were achieved on the back of a 25 per cent rise in turnover
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    • COMPANY BRIEFS
      • 88 4 TOKYO Honda Motor Co and Hitachi Ltd will revise their yen-dollar exchange rate forecasts for the next six months to 125 yen to the dollar from 130 yen, the Nihon Keizai newspaper said yesterday. More than 60 per cent of Honda's earnings came
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      • 68 4 BANGKOK The Charoen Pokphand Group, a Thailandbased conglomerate, will invest US$3OO million (Ss4Bo million) to double its motorcycle manufacturing capacity in China to one million vehicles a year by 1997, the Bangkok Post has reported. The group currently had two factories in China, in
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      • 130 4 TOKYO Japan's five major paper producers are expected to report sluggish business performances for the current fiscal year through March because of declining demand for paper, the Nihon Keizai said. Oji Paper Co and Honshu Paper Co were likely to report a current profit of
        130 words
      • 67 4 ANJO, Japan Makita Corp, a major manufacturer of electric tools, has established a subsidiary in Hongkong to handle the sales and service of electric tools in China and Hongkong, a spokesman for the Japanese firm said last Friday. Makita Power Tools (HK) was established
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      • 80 4 HONGKONG Real-estate investment company Tai Sang Land Development last Friday said its net profit rose 2.1 per cent to HK535 million (557.2 million) in the first half ended June 30 from HK534.3 million in the year-earlier period. The figures are after tax and payments
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      • 62 4 WASHINGTON Mobil Corp has reached a multi-million-dollar agreement with Indonesian state oil firm Pertamina to provide environmental services in the Indonesian oil industry, according to people familiar with the situation. Under the contract, Pertamina officials will travel to the US for training in a range of
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    • 456 4 Market disturbances, speculators and recession blamed for rights shortfall Reuter SYDNEY Westpac Banking Corp managing director Frank Conroy has said the bank needs at least 18 months to get its earnings and finances back into shape. In a television interview
      Reuter  -  456 words
    • 463 4  -  From Florence Chong in SYDNEY THE disastrous shortfall of ASBB3 million (S$ 1.02 billion) suffered by the Westpac Banking Corporation last week is expected to have an impact on at least two major floats due in the next few weeks. The float
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    • 187 4 NYT TOKYO Olympus Optical Co and Asahi Optical Co, the Japanese manufacturer of Pentax cameras, announced separately last Friday that they had agreed to pay patent royalties to Honeywell Inc of the US in an out-of<ourt settlement in Honeywell's suit for alleged patent
      NYT  -  187 words
    • 475 4 Bloomberg TAIPEI Taiwan's Securities and Exchange Commission began investigating last Friday the shareholding records of top officials at six listed companies, in a widening probe of a record amount of trade defaults on the Taiwan Stock Exchange. The SEC, which a
      Bloomberg  -  475 words
    • 182 4 AFP WELLINGTON New Zealand's High Court last Friday issued an injunction preventing millionaire Robert Jones from trading in the shares of the property company he founded and chairs, Robert Jones Investments (RJI). The injunction was sought by the Securities Commission whose stock
      AFP  -  182 words
    • 577 4 Wharf chairman charting new course for group AFP HONGKONG "Quiet dedication is our philosophy," Wharf Holdings proclaims on the opening page of its latest annual report. But Wharf chairman Peter Woo Kwong-ching, who had lived quietly for the past decade under
      AFP  -  577 words
    • COMPANY BRIEFS
      • 77 6 NEW YORK Olympia York Development Ltd, the bankrupt Canadian real-estate group, and American Express Co have agreed in principle to terminate American Express' lease in O&Y's Canary Wharf development in east London. In addition, the companies have agreed to drop claims against each other.
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      • 66 6 AMSTERDAM Pirelli Tyre Holding NV, the Amster-dam-listed 80-per cent owned unit of Pirelli Spa, is expecting continuing losses during the second half of the year. "Notwithstanding the possible effects of the ongoing restructuring programme, we must foresee another negative results for the remaining period of the
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      • 79 6 REDMOND Microsoft Corp won't begin shipping Windows NT until at least early 1993. The software giant set a goal of shipping the new operating system by December 1992, but that target wouldn't be met because corporate testing of the software wouldn't begin until mid-October, a spokeswoman said
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      • 76 6 TORONTO The Toronto Stock Exchange has revised its listing requirements to "strengthen its position as Canada's premium securities market". As part of the revisions, all new public companies must have a public float of Cs2 million (552.57 million), up from Csl million, the TSE said last
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    • 400 6 FT MILAN Olivetti, the troubled Italian computers group, deepened its losses to 93.4 billion lira (S$ 119.8 million) in the first six months of this year from 73.7 billion lira in the corresponding period last year, owing to the continuing turbulence in the
      FT  -  400 words
    • 413 6 Recession squeezing profits in tight market Reuter NEW YORK The planned purchase of the Daily News by investor Mortimer Zuckerman deprives its rivals of a new slice of New York's newspaper market and signals the onset of another battle in the
      Reuter  -  413 words
    • 389 6 Bourse reopens today after Iraqi invasion forced a two-year closure Reuter KUWAIT Investors worried by poor company results and a weakened economy may put pressure on share prices when Kuwait's bourse reopens today, more than two years after the Iraqi invasion forced its closure, economists
      Reuter  -  389 words
    • 334 6 Reuter TORONTO Canadian subsidiaries of US companies will have to adapt to the rigours of global competition to survive as trade barriers fall, a survey by the Conference Board of Canada shows. "The days of 'copy cat' plants are
      Reuter  -  334 words
    • 321 6 Reuter BONN The abrupt departure of management board chairman Arno Bohn from Porsche AG was apparently based on disagreements with the owners over tactics and not long-term strategy, industry sources said. "There was no disagreement between Bohn and the owners over the
      Reuter  -  321 words
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  • Page 4 Advertisements
    • 49 4 A Super Holiday on Nassim Hill Singapore's Most Up-Market Residential And Embassy District For $50" For reservations, contact your Travel Agent or call us at 732-1113 and 235-6660. Or simply fax us at 737-6684. (All numbers are toll-free). A ANA HOTEL SINGAPORE 16, Nassim Hill, Singapore 1025. Tel: 732-1222.
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 793 6 THE DAI-ICHI KANGYO BANK, LIMITED (INCORPORATED IN JAPAN) Non-Consolidated Balance Sheets Non-Consolidated Statements off Income Years ended March 31, 1992 and 1991 Years ended March 31, 1992 and 1991 Millions of yen Millions of yen 1W 1991 199? 1991 Cosh and Due from Bonks *10,792,373 InteresHncome Coll Loons 933.720 1,099,873
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    • 341 6 30 November 3 December, 1992 Pan Pacific Hotel, Singapore COURSE DIRECTORS A four day intensive training course Sir Roger Douglas, one of the world s directed by Sir Roger Douglas, former ,ead n g authorities on privatisation and a corpora tisation, won a reputation as the New Zealand t inance
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  • FINANCIAL NEWS
    • 486 7  -  Trend more pronounced with foreign reinsurers setting up shop here By Soh Tiang Keng SINGAPORE Reinsurance in Singapore, traditionally confined to general insurance business, has taken a broader role to cover underwriting of life insurance risks as well. This trend has become more pronounced during
      486 words
    • 292 7  -  By Kooi Cho Teng SINGAPORE Germany's BHF Bank plans to open a representative office in Vietnam and upgrade its Hongkong outfit to an offshore branch by the middle of next year. "We are committed to the Asia-Pacific region and
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    • 397 7 Reuter BEIJING One of three large securities houses formed by state banks and designed to assert control over China's troubled markets opens today in the southern city of Shenzhen. Xinhua news agency said South China Securities Company, with registered capital of one billion
      Reuter  -  397 words
    • SMALL CHANGE
      • 87 7 BEIJING Holdings of foreign exchange by individual Chinese jumped 25 per cent in a year to US$B.5 billion (5513.6 billion) at the end of last month. The official news agency Xinhua said yesterday that the figures were based on incomplete statistics, and did not
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      • 98 7 TOKYO Japan's major commercial banks plan to increase outstanding loans by an average of 2 to 3 per cent on a year-to-year basis as of next March, the Nihon Keizai newspaper reported last Saturday. The increase was short of the 5 per cent annual increase
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      • 101 7 NEW YORK A US National Association of Securities Dealers arbitration panel has ordered Bear Stearns Co to pay US$2O,OOO (5532,000) in punitive damages to an investor who claimed his broker engaged in unsuitable practices for his account. The investor, John Ramljak, told former Bear Stearns
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      • 101 7 LONDON A total of 293 National Westminster Bank pic workers belonging to the Bank, Insurance and Finance Union will ban overtime work at their branches from Oct 1, a negotiator for the union said last Friday. The workers would ban overtime work to support their
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  • Page 7 Advertisements
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      391 words

  • THE REGION
    • NOTE BOOK
      • 80 8 SEREMBAN Malaysia will consult Indonesia on the line of action to be taken against the owner of the stricken Nagasaki Spirit which was involved in a collision with another ship in the Straits of Malacca. Law Minister Datuk Syed Hamid Albar said
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      • 82 8 MANILA The Philippine military will become the "whipping boy," of South-east Asia unless Congress approves a sharp increase in its budget, a leading general said in a statement issued here on Saturday. BG Romeo Padiernos, head of the military's civil relations service, issued the statement in
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      • 70 8 PHNOM PENH Japan gave U5523.3 million (5537.3 million) to Cambodia on Saturday to rebuild a distinctive feature of the Phnom Penh skyline, a bridge over the Tonle Sap river that the Khmer Rouge blew up 20 years ago. The 709-metre span, originally built by the
        70 words
      • 75 8 COX'S BAZAR, Bangladesh Some 1,000 Myanmar Muslim refugees, who have volunteered to return home, will be repatriated "in secrecy," a refugee official said last Saturday. Additional Refugee Commissioner A Hossam Chowdhury said that Friday's violent incident in a nearby camp and reservations by the United Nations
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    • 561 8 Taipei determined to go ahead with Subic Bay venture Reuter, AFP MANILA A wave of kidnappings sowing terror in the Philippines could badly harm a drive by President Fidel Ramos to lure foreign investment to the stagnant economy, foreign businessmen say. Kidnappers have seized more
      Reuter,; AFP  -  561 words
    • 332 8 UPI PHNOM PENH The radical Khmer Rouge faction has warned it will reject the outcome of next year's UNsupervised elections, head of state Prince Norodom Sihanouk said on Saturday. The former monarch, who now heads the four-faction Supreme National Council (SNC), has called on
      UPI  -  332 words
    • 417 8 AFP SAN FRANCISCO Hongkong's role as a gateway to China's growing market economy is under threat from the increasing trade friction between the United States and the Communist giant. This point was made on Thursday during a session of the Pacific Economic Cooperation
      AFP  -  417 words
    • 324 8 Reuter BANGKOK The lifting of martial law decrees in Myanmar will have very little effect on the lives of citizens and does not mean any loosening of the military's grip on power in the impoverished South-east Asian country. "Military rule is still
      Reuter  -  324 words
  • Page 8 Advertisements
    • 161 8 The Shortest Distance Between Two Points Is Usually Via Seoul. It is our good fortune that Seoul happens to be located almost precisely half-way between the centers of trade in the Eastern and the Western hemispheres. But what is no lucky chance is the carefully planned timetable of routes and
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  • THE WORLD
    • 424 9 Opposition within ruling party at all-time high Reuter LONDON British Prime Minister John Major is facing growing rifts in his ruling Conservative Party over the Maastricht Treaty in spite of attempts by ministers to rally support. He gave his full backing to the
      Reuter  -  424 words
    • 323 9 UPI JOHANNESBURG At a one-day "peace summit" last Saturday, South African President F W de Klerk and African National Congress president Nelson Mandela agreed that there is an urgent need for the country to move towards an interim government of national unity and a
      UPI  -  323 words
    • 411 9 UPI TORONTO The separation of Quebec from Canada would cost the average Canadian family up to US$lO,OOO (S$ 16,000) a year by the turn of the century, says the country's largest bank. In the most dire and detailed forecast to date of the fallout
      UPI  -  411 words
    • 283 9 AFP NEW DELHI The return of foreign holiday-makers is ringing in happier days for tourism in India, ending a two-year slump forced by unrest and the Gulf War and reviving its hopes of becoming a big league holiday haunt. A record two million foreign tourists
      AFP  -  283 words
    • 516 9 FT MOSCOW Russia's central bank has warned that the country's budget revenues are exhausted, largely because of a big fall in tax income. Foreign experts in Moscow on Friday night confirmed this. Yegor Gaidar, the Acting Prime Minister, told Parliament on
      FT  -  516 words
    • WORLD WATCH
      • 95 9 SEOUL South Korean President Roh Tae Woo left yesterday for a state visit to China aimed at cementing friendly relations following last month's normalisation of ties between the former Cold War foes. Mr Roh said he would meet Chinese leaders to "seek
        95 words
      • 69 9 BRASILIA, Brazil President Fernando Collor de Mello has said he will never leave office voluntarily and will go only if Congress judges him guilty of the corruption charges levelled against him. Congressional investigators last month found Mr Collor, 43, took at least US$6.5 million
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      • 67 9 TAIPEI Indirect trade between Taiwan and China grew 33.38 per cent in the first seven months of this year to US$4.O6 billion (556.5 billion), the Board of Foreign Trade said yesterday. In a statement, the Taiwanese government agency said it expected the total to grow to
        67 words
      • 42 9 MEXICO CITY Japan has agreed to lend Mexico US$B4 million (S$ 134.4 million) to plant trees in the Mexico City area and in Morelos state just south of the capital, the Treasury Ministry announced on Friday.
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  • Page 9 Advertisements
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    • 425 9 A Nothwestem University/International Business Development Advanced Management Programme Conducted by faculty from J.L. Kellogg Graduate School of Management Shangri-la Hotel, Singapore *15-27 March 1993 In today's rapidly-changing and highly competittve environment, training and development of human resources play an increasingly important role in an organisation's ultimate success or failure. With
      425 words

  • ANALYSIS
    • 1197 10  -  Craig R Whitney looks at the reasons behind the Bundesbank's insistence on an anti-inflationary policy at a time when many of Germany's neighbours think that precisely the opposite is needed Craig R Whitney NYT FOR ALL the political pressures on the Germans
      NYT  -  1,197 words
    • 1392 10  -  Yang Razali Kassim looks at the different leadership issues facing Apec and NAM, and contrasts two Asean leaders with the late Indonesian president Sukarno Yang Razali Kassim AS THE Australian Prime Minister Paul Keating made his official visit to Singapore last week,
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    • 1029 10 IS Malaysian Prime Minister Mahathir Mohamad a lat-ter-day Sukarno? This question was much in the mind of the Indonesian press during the recent Jakarta summit of the Non-Aligned Movement, and the fact that it was raised says something about the impact of the Mahathir
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  • Page 10 Miscellaneous
    • 23 10 DOONESBURY DIEGO TUTWEILLER MY MARRIA6E HBB-! HI.HONtY! HI, PRBAM- WHATCVYOU MUHATPOYOUI ip£A! LETS GO UEHAV£AN£W BOOT/UMTS UMT7OPO |WfrTOPO?\ POMPMNMP MTtR.ITAKBn. HSY, AT LEAST
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  • ENTERPRISE & MANAGEMENT 1
    • 1051 11  -  Genevieve Cua talks to Dr William Mow, an entrepreneur who has gone from rags to riches twice Genevieve Cua DR William Mow's biodata was flawless. Chief executive officer of a US$5OO million (SsBoo million) clothing company in the US. And, before that, founder of a
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    • 453 11 Below are some suggestions on how companies can help their staff 'chill out' UPI COMPANIES can take steps to reduce workplace stress that will cut down on employee illnesses, disability and burnout, an insurance company says. A spokeswoman for Northwestern National Life
      UPI  -  453 words
    • 498 11 Mr James Maran has been recently appointed Vice-Pres-ident and General Manager of Motorola, Land Mobile Product Sector, Asia Division, based in Singapore. Mr Maran has 21 years of experience in sales, service and business operations in international and North America located regions within Motorola. Mr Maran will be
      498 words
    • 1487 12 A changing business environment is forcing Andersen Consulting to take stock of its modus operandi.Can the IT consulting colossus stand the pace? NYT ON SUNDAY night, the buses roar up to the main entrance of Andersen Consuiting's 60-hectare training centre in St Charles, a Chicago
      NYT  -  1,487 words
  • Page 11 Advertisements
    • 162 11 Practically anyone can now invest in foreign currencies. With just US$lO,OOO you can open Bank of East Asia's Foreign Exchange Leverage Account (FXLA) which gives you access to the global currency markets at the touch of a telephone day and night. What's more, you will enjoy the latest competitive rates
      162 words
    • 37 11 The Durffee personality is fully aware of the q multifarious dimensions of life, and appreciate that it is exactly these experiences of laughter and tears that bring meaning to life. Pfe*- DURFFEE UNDERSTANDS THE MEANING OF TIME.
      37 words

  • Page 12 Advertisements
    • 200 12 Personal success and ownership of the new Daimler 4.0 litre could hardly be more compatible. Within its lavishly appointed interior, superbly tailored soft leather upholstery and polished burr walnut veneers proclaim your position in tones of quiet authority. Hushed engine power, as smooth as it is potent, is delivered through
      200 words

  • SPORTS
    • 636 13 Davis Cup AP MINNEAPOLIS John McEnroe and Pete Sampras, playing together for the first time, rallied from a 2-1 deficit on Saturday and lifted the United States into the Davis Cup final by beating Sweden's Stefan Edberg and Anders Jarryd. The 6-1, 6-7 (2-7),
      AP  -  636 words
    • 257 13 AP BUENA PARK, California Jan Stephenson, winless since 1987, shot a 5-under-par 67 to take a two-stroke lead over Donna Andrews after the third round of the LPGA Classic on Saturday. The 40-year-old Stephenson, a 16-time winner in 19 seasons on the LPGA tour,
      AP  -  257 words
    • 267 13 AFP HAVANA The men's team from Africa, with two victories and six places in the top three, took the lead here on Saturday in the athletics World Cup. Nigeria's Sunday Bada won the men's 400 metres in 44.99 seconds, a respectable time for the
      AFP  -  267 words
    • 215 13 AP MINNEAPOLIS America's top 150 swimmers will face random, offseason testing for steroids for the first time starting next year. The US Swimming Federation's House of Delegates on Saturday tabled a proposal that would have awarded prize money to medallists at the
      AP  -  215 words
    • 294 13 AFP ENDICOTT, New York John Daly kept his cool through a rain delay and a long, long round on Saturday to take a two-shot lead after three rounds of the BC Open golf tournament. "I held my patience real well," the former
      AFP  -  294 words
    • SIDE LINES
      • 61 13 TOKYO Top-seeded Monica Seles overwhelmed secondseeded Gabriela Sabatini 6-2, 6-0 in just one hour yesterday to win the Nichirei Internationa] Ladies Tennis Championship. The world s top-ranked Seles of Yugoslavia received US$7O,OOO while Sabatini of Argentina, ranked third in the world, took home U5531,500.
        61 words
      • 59 13 VANCOUVER The Davis Cup doubles match between Canada and Austria was suspended due to darkness on Saturday, with Austrians Alex Antonitsch and Gerald Mandl leading Canadians Glenn Michibata and Grant Connell 6-2 7-6 (7-1) 4-6. The two countries were level 1-1 after splitting the opening singles of their
        59 words
      • 103 13 LAS VEGAS Simon Brown's challenge of World Boxing Council super welterweight champion Terry Norris was cancelled on Saturday after Brown was hospitalised complaining of dizziness hours before the bout. "The fight is off," promoter Dan Duva said. "The whole show is off." Doctor Flip
        103 words
      • 89 13 LONDON Colombian journeyman Ruben Palacio won a world title at his fourth attempt in 58 fights on Saturday when British fighter Colin McMillan surrendered his World Boxing Organisation featherweight championship with a dislocated shoulder. Midway through the eighth round at London's Olympia, McMillan emerged from a clinch
        89 words
  • Page 13 Advertisements
    • 275 13 OCBC CENTRE PRIME OFFICE SPACE FOR LEASE 0* Strategically located in Raffles Place. Office area fnm 900 sq ft to a whole floor of 10,300 aq ft at attractive S minutes' walk to Raffles Place MRT Sudan. Full-height windows affording panoramic views of the sea, the Singapore River, the Civic
      275 words

  • FOCUS
    • 934 14  -  US presidential race Steven Holmes in Dallas examines how Ross Perot's one-time supporters would respond if he decides to re-enter the campaign Steven Holmes NYT IF Ross Perot does as he has hinted and reenters the presidential race, the breadth of his influence will
      NYT  -  934 words
    • 760 14  -  The once fearsome Republican electioneering machine seems to have lost its teeth, writes Michael Kelly from Washington Michael Kelly NYT NOT LONG AGO, giants roamed the earth here. They were Republicans, meateaters in yellow ties, and the ground shook when they walked. They
      NYT  -  760 words
  • Page 14 Advertisements
    • 205 14 RESEARCH UNITS AT THE SINGAPORE SCIENCE PARK THE CURIE, CHADWICK AND CAVENDISH I j I?<fc i -.?Vi§ r -M srffc 1 #kv v %7, T 'Afe' y If--'--k SYNERGY UNMATCHED Singapore's hub of Research Development (R&D) Concentration of firms engaged in science and technology Synergistic interaction and rapport with centres
      205 words

  • Page 15 Advertisements
    • 119 15 h v ■"."<* I ~< -M -yT; 1% HfeiLi |ji. Sfe-*4-ni'ii Hps'- A r^.'**»/ afe Bi,w%? /fJ!!!^^l i Whether you're forwarding fashionwear or fresh food you need a carrier that will give your cargo the utmost care and attention. A carrier that has dedicated freighter services to Los Angeles, Copenhagen,
      119 words

  • Page 16 Advertisements
    • 1200 16 Nothing Beats A Bud-where to wine, dine mpm ur MBBwa* ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10*200 people from 12 noon to's pm. After your Penang Buffet Lunch, the Ist round of drinks
      1,200 words
  • Page 16 Miscellaneous
    • 632 16 TELEVISION AND RADIO At j 1 1 j* m. 1M JJf r V BUSINESS ON RADIO law unto himself srs,«». Money Programme Made Show) v n 7.05 am, 1.30pm, 5.05pm, 1.05« m: in Taiwan. 7.30 News <M). 925 World Business Report ■uuftaaSl JUSSSS'SL-w,, M >•£ SuddM Impact, 10.30pm. SBCS II
      632 words

  • THE ARTS
    • 681 17  -  Andrew Lim reviews a very memorable concert by the Singapore Symphony Orchestra Andrew Lim WISE programming accounts for much of a concert's success, and the Singapore Symphony Orchestra's Music and Literature concert on Friday evening at the Victoria Concert Hall triumphed in this respect, and more.
      681 words
    • 496 17  -  Benjamin Loh reviews the piano recital given by Ong Lip Tat Benjamin Loh The writer holds a Master of Music degree ONG LIP TAT in his piano recital on Wednesday evening was an example of an imaginative artist whose creative energies were misused. In the more standard works
      496 words
  • Page 17 Advertisements
    • 230 17 AND ENTERTAIN BEST FROM THE WEST Lunch or Dine on a selection of Western favourites featuring soups, salads, a carvery, cold appetisers and hot entrees. At Cafe-in-the-Park Every Monday Buffet Lunch from 12 pm Buffet Dinner from 6.30 pm At 519.50++ per person For reservations, please call SINGAPORE 16 Nass-m
      230 words
    • 171 17 I In conjunction with our 3rd Anniversary Celebration. our Maple Leafs kitchen has a special great value I I set-menu for the diners. 1' Seafood Set Luch \fc A variety of exquisite Cantonese/Sze-dHkjE dishes guaranteed-tqjJekle your tastebMaC Restaurant p 9\ *01-olAD6Gatdan Landmark Shopping Camra 300 ViOoni Straw Singapore 0718 CITCUIONTHE
      171 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4444 18  -  By Sylvia Wong A LIVELIER stock market can be expected this week on continued interest in Malaysian stocks. Buy orders for these counters had perked up the market towards the end of last week and brokers expect this to rub ofT on their
      4,444 words
  • Page 18 Advertisements
    • 55 18 Why Wait for Loan Approval? If you have recurring credit CREDIT PLUS With Credit Plus credit you needs, and find loan applica- have access to a ,ine °f tions and waiting for approval credit anytime you need it frustrating, ask for Credit Plus. It's so easy and convenient *****38/*****88 RNANCE
      55 words

  • 3214 19 SI A Foreign 1470 40 +2.8% First Capital 241 .10 14.2% SI A 200 1140 +30 +2.3% C&C 575 +25 +4.5% CMB Packaging 515 +25 +5.1% SIA 1320 +20 +1.5% Semb Shipyard 705 +20 +2.9% C&C Wt 261 +18 +7 4% ANA Hotels 178 +16
    3,214 words
  • Page 19 Advertisements
    • 139 19 YOUR KEY TO BKEEERBUSINESSDECISIONS! 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. orTonyChia M videotext system in the world. For a subscription fee
      139 words

  • 3460 20 MISC Foreign 476 +56 +13.3% Dunlop Est 297 +45 +17.9% Sungei Way 253 +40 -t-18.8% Sg Way TSR97 101 +39 +62.9% UMW 366 +38 +11.6% Dunlop Est CULS 270 +31 +13.0% Rashid Hussain 188 +26 16.0% M Cement 50* 279 25 9.8% PMRl 50* 180
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  • Page 20 Advertisements
    • 814 20 fUI THE INDUSTRIAL BANK OF JAPAN, LIMITED Head Office's Address: 3-3. Marunouchi 1-Chome, CNyoda-ku,Tokyo 100, Japan. BALANCE SHEET FOR THE YEAR ENOED MARCH 1992 NOW-CONSOLIDATED BALANCE SHEET NON-CONSOLIDATED STATEMENT OF INCOME (In milione of yen) C 0 miliora I* 1 Merck 11.19 M March 31.1981 BacaH99l FieeaM99o Cash snd Dus
      814 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5544 21 Bernama FRIDAY'S rally bucked the otherwise lethargic drift of trading on the Kuala Lumpur Stock Exchange last week. The charge was led by retail players, who picked up lower-priced stocks on a broad front. Institutional investors, who had been sidelined while awaiting clearer
      Bernama  -  5,544 words

  • BT SHARE INFORMATION SERVICE
    • 221 22 Ceepaey Date Year Groop Net Net earaiags Cross ami to profit/loss (L) per share dividend ('•00) (coats) Pan Pxific Sep 11 Mar 92 $412($79S) 1.3(2.5) 4(4) GPS Sep 7 Mar 92 $13.952($12,546) 41 3(479) 118TE(11TE) betan Sep 7 Mar 92 $7,755(110.140) 23.5(31) 10(10) Insas Sep 7 Jun 92
      221 words
    • 339 22 Cmmmm Date Ytar Grwip pretax Net earnings Gross MR to prom/loss (L) ptr slur* tfhridMd (•000) (c«rt*) Ind Oxygen Sep 23 Jun 92 SI6.305($41.438) 10.2(8.6) 5(5) Hoi« Leong Ind Sep 22 Jun 92 M$121,821(M$101.258) 47(38) 16(15) Scotts Hldgs Sep 22 Jun 92 J8,269($3,896) 2(1.7) 125(-) First Capital Sep
      339 words
    • 749 22 C»faay Data Half-year Croup pra-tax latariai aaa to profit/loss (L) dividend COM) Jardine S Sep 23 Jun 92 US$211.2r(US$194 2r) 3.8(3.5) Town City Sep 23 Jun 92 $52L($41L) NBT Sep 22 Jun 92 M)1.134L(M$552L) 1(1) Keck Seng Sep 22 Jun 92 M$13.657(M$19.496) 4(5) Lee Kim T«h Sep 22
      749 words
    • 119 22 Mm lord Last Fal Year Forecast 1st, fat MM EPS ■d to ER ta pi N« («m PwM tart jr arftai (cts) (*> la Cfcaag F Sep 24 Jun 92 2 0 2.0 3.430 3.0—61 18—36 Ml I Sep 25 Dec 92 11.5 5.0TE 53.742 14.2—19.5 3.0—3 7
      119 words
    • 593 22 UlMri list M Tew tmm toM late far EPS ta Nat mmmett (cts) paft last fair EMS Final Nov 6 Jul 91 3 OH 17.878L IKS Imt Interim Aug 23 Dec 92 7.9 50 50.908 I Mm Interim Aug 23 Dec 92 10.8 4.5 17.048 PvfaHT Mgs
      593 words
    • 1001 22 Carraat Ex Books Date Total far Total tar payment date doM poyaWo tko yoar last yoor Aona 51(1) Sep 18 Sep 30 Oct 15 5% 12 2% MD6 50c 35%(b) Sep 10 Sep 24 Oct 23 35% 35% BMTS10 100% Nov 12 Nov 24 Nov 26 140 9%
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    • 195 22 Sep 24 Inno-Pacffic HokSnfs Ltd has appointed Coopers and Lybrand, an independent financial adviser, to the holders of the company's loan stocks. C&L will advise loan stockholders on the terms and conditions offered by Inno-Pac. Sep 23 Beverage group Fraser Heave Ltd (Sinfapore) proposed the restructuring of its
      195 words
    • 339 22 Conversion Special Trdg Scripiess Conversion deadline Period Trading Company starts (IDP) (ST) starts Ale* Hldgs 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 Chemical
      339 words
    • 874 22 Treat iagbtarad Sabstantiol Bay/ No. af Dmmmk SksrelwWag Stack Data HaMar StarelioMor/Director SaN shores Mare Altar Tat Lee Bank 23/09/92 CDPL-OBS Nominees DBS Bar* B 39,000 120.713 28.985,458 1396 29,024,458 1398 U Securto 23/09/92 U06 Group B 60,000 43.500 42.349.200 42 80 42,409,200 42 80 Ul Securities
      874 words
    • 262 22 Company Right* Issue Gdd* Hap* Onefor*x MSI 50 per stare Ex-date Aug 27 Books dose Sep 10 Acceptance t Payment Oct 22 MAS 0<*-tor one MJS 00 per share Ex-date Sep 7 Books dose Sep 21 Acceptance A Payment: Nov 2 OUT One-tor two SI 50 per share
      262 words
    • 530 22 Company Rights Issue Wan Tad) One-for-one $100 per share Vnai St Ml One-forthree g, MJ2 20 per share Issue of *****m 50% Cumufabw Redeemable Preference shares of 10 sen each 1992/97 (CUPS) with up to *****m Transferable Subscnptnn R«hts (TSR) for an ajgrefate pnce of Nil per CUPS
      530 words
    • 72 22 Robeson and Company, Ltd: AGM at Hotel Phoenix, Somerset Room No. 2016, 277 Orchard Road, Singapore 023, on Monday, Sep 28, at 12.30 pm Oversea-Chinese Banking Corpoatkm Ltd: EGM at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, <n Monday, Sep 28, at 12 noon Isetan (S) Ltd:
      72 words
    • 344 22 In local our In S$ In USS dy yr dy yr dy yr Sep 25 Iidex chge chge chge chge chge chge World S4.8 -0.4 -5.8 -0.3 -6.8 -0.4 -5.9 *EAFE 453.7 -0.5 -9.6 -0.2 -10.1 -0.4 9.2 Europe 435.1 -0.4 -1.5 0.0 -4.9 -0.1
      344 words

  • MARKET REVIEWS
    • 912 23  -  LONDON By Ray Heath IF BRITAIN'S economy, freed from the chains that bound it to the deutschemark, is about to venture into new economic territory, the government has shown precious little evidence that they have any sort of map to guide them. Sterling,
      912 words
    • 499 23 AFP SHARE PRICES posted moderate gains in quiet trading during the holidayshortened week on the Tokyo Stock Exchange, supported by the shaip appreciation of the yen against the dollar and German mark. The Nikkei Stock Average of 225 blue chips ended the week at
      AFP  -  499 words
    • 719 23  -  HONGKONG Sun Hung Kai THE MARKET continued to drift sideways last week within a narrow trading range of 5,650 to 5,750. The buying spree on property counters lifted the Hang Seng Index by 52 points on Monday. It was followed by a brief consolidation
      719 words
    • 784 23 'NEW YORK FT IT was one of those curious cases of bad news being good news. Last Thursday, Continental Corporation, ranked 12th among US property and casualty insurers, announced that it was slashing its dividend for the first time since 1853
      FT  -  784 words
    • ASIAN MARKETS ROUNDUP
      • 363 23 STOCK PRICES are expected to edge higher this week as the composition of the government crystallises, say analysts. The Stock Exchange of Thailand Index is seen in the 860 to 870 range through Wednesday, they predict. Last Friday, the SET Index declined 4.44 points to 859.17 with declining issues
        363 words
      • 176 23 SHARE PRICES on South Korea's ailing market dropped sharply on Monday provoking small-time investors to stage protests in a downtown securities office, throwing sales slips out of windows like confetti. The Composite Price Index dropped by a sharp 19.01 points on Monday, and closed 524.23 points at Saturday's half-day
        176 words
      • 129 23 THE stock market dropped last week due partly to the government's inability to stop a spate of kidnappings of ethnic Chinese who play a key role in the economy, analysts said. The Composite Index at the Manila Stock Exchange fell 2.2 per cent on the week to close last
        129 words
      • 280 23 SHARE PRICES recovered slightly last week, after the falls induced by the island's worst settlement default and biggest stock scandal. In contrast to a 9.2 per cent plunge the preceding week, the 298-issue Weighted Price Index recouped 34.9 points, or one per cent, to settle at 3,472.5 points on
        280 words
      • 178 23 A RISE in interest rates on credit loans and bickering between brokers and officials pushed down prices on the Bombay Stock Exchange (BSE) last week. The BSE Sensitivity Index of 30 blue chip stocks slid from 3,274.74 points to 3,256.59 while the National Index dipped from 1,478.32 points to
        178 words
      • 108 23 TRADING slumped at the Jakarta Stock Exchange (JSE) but stronger prices, especially of a limited number of big shares, have prevented the market index dipping further below the 300 level. The average daily trading volume for the week dropped to 3.66 million shares from the previous week's 4.16 million
        108 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • US stocks hit by bad economic news
      • Article, Illustration
        1436 24 STOCKS closed sharply lower on Friday as investors dumped health care issues and concerns mounted over the uncertain course of the presidential campaign. The market was also hit by a bout of bad economic news that showed the recovery had all but stalled. The Dow Jones Industrial Average
        1,436 words
      • 467 24 Other markets in Europe, South Africa and Canada Johannesburg Sep 25 Rand INDUSTRIALS A Alpha 3125 225 AECI 630 AMIC 6600 unch Abcrcom 125 Amaprop 620 40 BAZ 1300 Barlows 5200 200 Basil Strk 6 Blyvoor 375 CG Smith ***** Cnagalo 2300 Curfin 635 15 Edgars 5000 Fed Volk 800
        467 words
      • Article, Illustration
        705 24 SHARE prices fell on the London Stock Exchange on Friday as dealers engaged in profit-taking ahead of the weekend amid anxiety about the future of European currency positions. Reports that French President Francois Mitterrand said anyone speculating against the French franc over the weekend would get hurt and that
        705 words
      • 72 24 INDICES TURNOVER NEW YORK Dow Jones SAP 500 Turnover (million) Close Previous 3,250.32 3.287.87 414.35 418.47 213.7 187.8 Sep 25 -37.55 -4.12 25.9 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,914.0 1,936.7 2,601.0 2,621.2 691.1 665.3 -22.7 -20.2 25.8 FRANKFURT DAX Index 1,513.36 1,530.94 -17.58 AMSTERDAM EOE Index 289.40
        72 words
      • 204 24 THE STOCK market ended the week with a loss on Friday following forecasts of lower earnings for some chemical and auto firms. The DAX spot trend index shed 1.15 per cent to close at 1,513.36 points, against 1,530.94 at the Thursday close, while the Commerzbank indicator was down 0.88
        204 words
      • 438 24 ANOTHER fall in chemicals group DSM was the main feature on the Amsterdam Stock Exchange where shares in general drifted quietly to close lower. Lingering EMS jitters and a weaker US dollar weighed on the market and kept most investors sidelined while professionals squared positions ahead of the weekend.
        438 words
      • 285 24 SHARES ended an active session steady, underlining last week's consolidation from the previous week's surge, dealers said. Despite Thursday's second halfpoint cut in two weeks in the national bank's discount rate, and sharply lower money rates and bond yields, dealers said the market had become divided over the future
        285 words
      • 362 24 A BATCH of poor economic US figures showing a weak recovery and hefty losses on Wall Street drove Toronto stocks sharply lower on Friday, dealers said. "There's still lots of confusion out there, lots of concerns about the currencies," one trader said. The TSE-300 closed down 25.12 points at
        362 words
      • 421 24 SHARES, shaken by Fiat's huge drop in profits and bracing for a wave of company results, are set to fall even further in coming days, analysts said. "When Milan's feeling in the doldrums, it gets hit by bad news whether it's been expecting it or not," said Ma-rie-Christine Keith,
        421 words
  • Page 24 Advertisements
    • 45 24 The market reports for Paris, Stockholm, Brussels and Johannesburg were not available. THE NEW PAPER FAST ADS LUNCH GUIDE Make Lunch Guide Your Lunch Date! The most delicious ideas are served in Lunch Guide, every Monday. When people want fast results they call C.A.T.S. 737-1166
      45 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 450 25 NEW YORK Reuter THE US DOLLAR closed higher against the deutschemark after a confused trading day on Friday, rocked by rumours and speculation over European currencies that completely overshadowed poor US economic numbers. The dollar barely moved against the yen, dealers said. After two
      Reuter  -  450 words
    • 751 25 ASIAN CURRENCIES AFP HONGKONG The Japanese yen soared to an all-time high, while the US dollar gained ground against other Asian currencies, as the currency crisis in Europe continued to affect international currency markets. The South Korean won was down sharply, while
      AFP  -  751 words
    • 413 25 Cross rates USS SS MS Dm Yen SFr AS NZS USS 1.6020 2.5090 1.4815 120.60 0.5855 1.2980 1.3831 1.8587 SS 0.6242 1.5662 0.9248 75.2809 0.3655 0.8102 0.8634 1.1603 MS 0.3986 0.64 0.5905 48.0670 0.2334 0.5173 0.5513 0.7408 Dm 0.6750 1.0813 1.6936 81.40 0.3952 0.8761 0.9336 1.2546 Yen
      413 words
    • 530 25 Interbank rates s$ Bid Offer Overnight 1 3/4 1 7/8 1-month 1 1/2 1 5/8 2-month 1 5/8 1 3/4 3-month 1 11/16 1 13/16 Overnight mode: 1-5/8 US$ High [<ow 7 days 3 11/16 TT/8 1 month 3 3/8 3 1/4 2 months 3 5/16 3 3/16
      530 words
    • 500 25 NYT NEW YORK The crisis in European currency markets has taken a harsh toll on mutual fund investors whose funds own foreign bonds and notes. These funds lost 2 per cent of their value on average in the week that ended Sep
      NYT  -  500 words
    • 357 25 Steep decline not likely to continue Bloomberg MOSCOW The rouble's recent steep decline is unlikely to continue, and the Russian currency "will stabilise or fall slowly" against the dollar in coming months, says an official at the Moscow Interbank Currency Exchange, or Mice. Alexander
      Bloomberg  -  357 words
    • 493 25 Reuter NEW YORK Treuhandanstalt, the German agency responsible for privatising east German firms, is hoping for strong foreign demand for its bond issues. "We can foresee in New York we will have a warm and good welcome," said Paul Hadrys, executive vicepresident of
      Reuter  -  493 words
    • 479 25 BANKS ABN Amro Bank NV 6 ANZ Banking Group 6Vi Allied Irish Bank PLC 7Vi American Express Bank 6V1 Arab Banking Corp 6V« Arab Bank PLC 6 Asahi Bank Ltd 6V« BFCE 6% Ban Hin Lee Bertiad 6% Banca Commerciale 7 Banco do Brasil 7 Bangkok Bank
      479 words
    • 146 25 COMEX Sep 25 COLD FUTWCS (100 oz) USS/Q7 Open High Low Settle Change Sep 92 349.30 +0.10 Oct 349.00 350.00 349.00 349.50 +0.10 Nov 350.20 +0.10 Dec 350.70 352.90 350.40 351.10 +0.10 Feb 93 352.20 353.80 352.00 352.50 Apr 353.80 355.00 353.80 353.90 Jun 357.00 357.00 357.00 355.40
      146 words
  • Page 25 Advertisements

  • COMMODITIES
    • 340 26 Reuter SINGAPORE South-east Asian rubber prices are expected to stay steady over the week, supported by consumer nibbling and fear of intervention by the International Natural Rubber Organisation (Inro), say traders. Some Malaysian traders felt last week that near-term prices would
      Reuter  -  340 words
    • 250 26 AP LONDON The present International Coffee Agreement which has no pricecontrol provisions has received sufficient backing from nations that trade the commodity to be extended automatically for an extra year. The International Coffee Organisation said last Thursday that 23 exporting countries and 12
      AP  -  250 words
    • 776 26 REPORTS AFP LONDON The convulsions shaking the European currency system over recent days have boosted commodity prices, which had otherwise been depressed by the recession in the car industry and other sectors. Prices set in sterling rose as the pound fell on foreign exchanges
      AFP  -  776 words
  • 1470 26 Rubber HAS Commodity Exchange (tutu res closing as at 1pm) RAS (physical prints) RSS 1 Contract (S cents/kg) Bayors Solkrs Close Volume Open As at 12 noon <S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 Oct 92 138.00 I39.00N Oct 92 Nov Dec 0.00 140.25 139.00 0.00
    1,470 words
  • Page 26 Advertisements
    • 383 26 Notices THE COMPANES ACT, CHAPTER 50 Section 290(2Xb) NOTICE OF RESOLUTION HARRICROS SINGAPORE PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Harncros Singapore Pte Lto held at Nos 10il 2 Third Lok Yang Road, Jurong, Singapore 2262 on the 23rd day of September 1992, the following
      383 words
    • 629 26 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF NAC SINGAPORE PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract ot the Minutes of an Extraordinary General Meeting signed by the Representative ot Holding Company relating to proceedings of Subsidiary Company pursuant to Section 179(6) of the
      629 words

  • 1249 27 City FMgM ETA Flight ETO MilaWi SQ228 2050 SQ227 2230 RJ182 1440 RJ183 2340 Amtariaa SQ23 0645 KL838 2240 KL831 0940 UeUmi NZ25 1655 NZ28 1810 SQ288 2030 BA12 2200 Bandar Sari BI421 1105 SQ182 0915 ■•fWMa SQ181 1410 B1422 1205 B1429 2030 B1430 2125 Baagkafc
    1,249 words
  • THE TRAVEL PAGE
    • 683 27  -  LETTER FROM BUCHAREST By David Pilling Bucharest is in a bad way. The Intercontinental Hotel has no coflee and many restaurants have little or no food. Buildings in the centre of town, many of them once quite handsome, are coated in thick grime. Some are peppered with
      683 words
    • 152 27 As at 10am on Friday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1502 1.1665 Canadian dollar 1.2748 1.3005 NZ dollar 0.8538 0.8720 Sterling pound 2.7232 2.7615 US dollar 1.5980 1.6050 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • 84 27 Duration Title Venue Organiser Tel 1 Oct 22-28 Computers Office Equipment Exhibition Bogota, Colombia Corporacion De Ferias Y Exposiciones S.A (57)1/*****69 j t Oct 24-28 International Jewellery, Clock Watch St Machinery Barcelona, Spain Foire De Ba redone (34)3/*****51 1 1 Duration Title Venue Organiser Td Oct 24British
      84 words
  • Page 27 Advertisements
    • 45 27 It's amazing the lengths Finnair goes to for just one price. Fly Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. We Know Europe from Cat to Rnntih.
      45 words
    • 25 27 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
      25 words
    • 294 27 BUSINESSTI^ES Toil froe Tel No 737 0043 Fax No: 734 3698 Neptune Orient Lines Limited *****,000,000 Hybrid Bond Issue Due 1998 In accordance with the provision of the Notes, notice is hereby given that for the three-month period from 28 September 1992 to 28 December 1992, the Notes will cany
      294 words
    • 413 27 NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS XME COATINGS OS) PTE LTD (Incorporated In SLigapori Take Mtfce that TaoSaat'Ches of SC Teo A Co, 101 Uppar Crass Street *****, People's Park Caaba, Singaporeolos, has bsea appointed as provisional bquidelor of the aboveosmed Company on 24 September 1992 pwsuant to Sacboa 291
      413 words
    • 348 27 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 90) AND IN THE MATTER OF UTB TRADING PTE LTD (In Members' Vofcjntary liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held «101-A Upper Craee S»eet. «11-22. People'* Park Centre. Singapore 0105 on Monday, the 21 si
      348 words
  • Page 27 Miscellaneous
    • 298 27 7 A fool one has to suffer ~~1~^ the moming after? (9) [*****111 I—L_l—i—J 8 Succeeded at one's first jHi THf H| riding lesson (3,2) —VV——VV penniless and scram (5,3) do rewrite a 12 A preliminary contest will raise the temperature (4) B _L_J—L_L_L—J 13 Not worry if you make
      298 words
    • 167 27 Singapore Outlook: Showers over several areas in the late morning and afternoon. Report Maximum temperature 32.2 Assoc humidity 62% Minimum temperature 25.4 Assoc humidity 99% Hours of sunshine 4.75 Rainfall in mm 0.2 Rainfall this month 82.3 Rainy days this month 15 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/11 Cloudy
      167 words
    • 15 27 7W\/smer-rnc^ WIPPCC—PuDoe IS \C~) on houd| LGQON —._,r 2§f ,<|£ C ASSOCIATED NEWSPAPERS LTD, 110-HW 0770
      15 words

  • 527 28 Exchange chiefs agree to work on improvements Reuter BOMBAY Indian stock exchange chiefs have agreed to set up a national stock market system linking the country's major bourses as part of moves to improve India's capital markets. After a two-day meeting in
    Reuter  -  527 words
  • 409 28 AFP NEW DELHI Harshad Mehta, the main suspect in India's biggest ever bank scam, has pointed his finger at Citibank, accusing it of financing a stock market bear cartel to pull off the US$l.3 billion (Ss2 billion) fraud. Mehta, 39, released last week after
    AFP  -  409 words
  • 307 28 Reuter PARIS A week after its grudging "yes" to European union triggered the latest European Community crisis, France is searching for a face-saving formula to salvage the endangered Maastricht Treaty. Despite widespread speculation, French officials insist Paris is not plotting a "twospeed
    Reuter  -  307 words
  • 229 28 Bloomberg HAMBURG Germany and France have contingency plans to set up a joint Fran-co-German central bank should a broader European monetary union fail, the Der Speigel news magazine said in its edition to be published today. A German government
    Bloomberg  -  229 words
  • 243 28 Reuter MOSCOW Political wrangling over the world's biggest privatisation programme, due to start in Russia this week, intensified as bleak economic forecasts overshadowed the final preparations for the sell-off. The daily Nezavisimaya Gazeta said the first vouchers to privatise about 5,000 state
    Reuter  -  243 words
  • 656 28  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist AT AN investment forum in Colombo last year, an Asian investor was heard commenting that he was impressed by the opportunities that Vietnam offered, and he would now like to expand into
    656 words
  • 262 28 Reuter LONDON The Japanese leisure group Shirayama has won a battle with the prestigious London School of Economics (LSE) to buy County Hall, the former seat of the British capital's city government on the south bank of the River Thames. Officials organising the
    Reuter  -  262 words
  • 225 28 UPI TOKYO Former ruling party secretary General Ichiro Oiawa said yesterday that he had submitted his resignation as the No 2 man in the ruling party's largest faction but the scandal-racked leader was trying to persuade him to retain his post. Shin Kanemaru, Japan's
    UPI  -  225 words
  • Page 28 Advertisements

  • Shipping Times
    • 469 29  -  Fire on tanker Nagasaki Spirit put out on Saturday: KL official By Ramesh Divyanathan SINGAPORE The container ship Ocean Blessing, which was involved in a collision with an oil tanker in the Straits of Malacca, is a complete write-off, rescuers said. Sembawang Maritime
      469 words
    • 421 29 Reuter HONGKONG Piratestyle attacks by Chinese security forces are rattling Hongkong's hopes for a smooth transition to Chinese rule in 1997 and political analysts say neither Beijing nor London can stop them. At least five attacks have occurred inside Hongkong
      Reuter  -  421 words
    • 1148 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiei 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
      1,148 words
    • 235 29 Knight-Ridder NEW YORK Freight values on the major North American grain routes are a bit easier due to greater accessibility of ships, according to brokers. They suggest some of the grain houses were "bottompicking" last week, with more owners willing to fix
      Knight-Ridder  -  235 words
    • 341 29 Reuter HAVANA Cuba on Friday condemned as "diabolical" a Bill approved by the US House of Representatives which aims to sharply tighten a 30-year-old US economic embargo against the commu-nist-ruled island. "This is a diabolical project promoted by the most conservative sectors
      Reuter  -  341 words
    • 258 29 Knight-Ridder BUENOS AIRES Argentine grain shipping and handling costs are still too high despite surface and maritimetransportation sector deregulation in June, analysts say. Buenos Aires remains one of the world's most expensive and inefficient ports, while operations at other stateowned Parana River
      Knight-Ridder  -  258 words
    • LOG BOOK
      • 101 30 HAMBURG New orders for German shipyards totalled only 1.4 billion deutschemarks (SSI.S billion) in the first half of 1992 and corresponded to less than 50 per cent of capacity, the Shipbuilding and Marine Technology Industry Association said on Friday. Werner Fante, director of
        101 words
      • 119 30 HONGKONG A consortium of Hongkong, Dutch and Italian companies has been awarded an HKSB2I million (Ssl7o million) contract for land reclamation as part of Hongkong's massive airport project, the government announced on Saturday. The contract was awarded to the consortium of Universal Dockyard Ltd of Hongkong,
        119 words
      • 118 30 bm JOHOR BARU The Malaysian Transport Ministry is drawing up amendments to the Merchant Shipping Ordinance to enable Malaysia to be a party to international conventions governing shipping and other aspects such as sea pollution. Deputy Transport Minister Datin Paduka Zaleha Ismail said the government
        118 words
      • 118 30 ZAGREB The United Nations Protection Force (Unprofor) in the former Yugoslavia resumed on Saturday its regular flights between Zagreb and Sarajevo. A Unprofor aircraft left the Croatian capital and returned after making a 20-minute stop in Sarajevo, which has been under siege by Bosnian Serb forces
        118 words
      • 76 30 BOMBAY Nearly 8,000 Air India workers went on strike on Saturday at the Arabian Sea port of Bombay, disrupting flights of the government-run international carrier. The Air India Employees Guild said the strike was in support of demands for a higher pay raise than the
        76 words
    • 1355 30 The North American Free Trade Agreement spells great promise for regional shipping among the three big partner countries International Transport Journal AS EUROPE worries about Maastricht, just as the internal barriers are about to come down on the open market at the end of this
      International Transport Journal  -  1,355 words
    • 928 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      928 words
    • 10785 38 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
      10,785 words
    • SHIPS IN PORT
      • 606 45 W ywM) Vc, »C im* km* Pgartm Marina Terminal 1 Jurong Port Batam Baru B182 M03 28 09/0900 29 09/2300 Arkbs Breeze )3 28 09/0500 Batam Mau *****2 M04 28 09/1000 29 09/0500 Arktis Dawn 140/1SA 13 akx*s«Je 28 09/0700 Batam Sayang *****2 M04 2809/1000 29 09/0500
        606 words
      • 1153 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookrj/Balance Rdts Sip Voy No Etb/Btr Period From To From A Venture 07/388 28/1630 1 27/1500 27/1659 27/1900 Aberdeen B 0508 29/2300 1 27/1500 27/1659 27/1900 2 27/1700 28/0659 28/0900 3 28/0700 28/1159 28/1400 4 28/1200 28/1459 28/1700 ACX
        1,153 words
    • 777 46 Oct 5 4 6; Conference on Quality Control in Asian Shipping, organised by IBC Technical Services Limited at the Marina Mandarin. For further details please contact IBC Technical Services at tel: 732-1970 or fax: 733-5087.; Oct 13-16: Seatrade Asia-Pacific Cruise Convention, organised by Seatrade. The event will take
      777 words
    • 262 48  -  Express delivery of ballots from Singapore planned for presidential polls By Ramesh Divyanathan SINGAPORE Federal Express Corp (Fedex) is providing two special services free to US citizens living in Singapore, to facilitate balloting for the presidential elections. The two services are: free express delivery
      262 words
    • 349 48 UPI NEW YORK Moody's Investors Service said it was reviewing for possible downgrade the ratings of General Motors Corp and its prime subsidiaries because of questions about the automakers ability to rebuild its competitive position in face of lacklustre US car sales. The action
      UPI  -  349 words
    • 218 48 United gets green light for OntarioMexico City service UPI ONTARIO, California United Airlines said on Friday it has gained approval from the US government to launch a service on Feb 22 between Ontario and Mexico City. United Airlines said it will be the first US earner offering non-stop service between
      UPI  -  218 words
    • 423 48 Knight-Ridder HAMBURG Deutsche Shell and the Beta refinery, leaders of two pipeline projects to ship oil products to eastern Germany from western Germany, say they will pursue their plans despite uncertainties over the consortiums and authorisation processes. Two major members, Deutsche
      Knight-Ridder  -  423 words
    • 255 48 Reuter MAPUTO, Mozambique Mutinous soldiers have blocked one of Mozambique's key transport routes a week before a ceasefire is due to be signed to end 16 years of civil war, media reports said. The Maputo daily Noticias said soldiers of Battalion 57 in
      Reuter  -  255 words
    • 325 48 AP SKOPJE, Yugoslavia Surrounded by neighbours it mistrusts and lacking wide international recognition, Macedonia is near economic collapse. The only cars seen during what normally would be rush hour are parked bumper to bumper in lines to gas stations that have no fuel to sell.
      AP  -  325 words
    • 746 48 FREIGHT market volumes increased but freight rates declined further on Thursday, dry cargo brokers said. The Baltic Freight Index (BFI) fell four points to 1,050, showing losses on all panamax routes. The key US Gulf/Japan grain run was fixed at U5519.30 and its BFl's level fell to U5519.39
      746 words
  • Page 29 Advertisements
    • 31 29 Ll«m aMI mtvlcm MffMHW fey/^SSrov Mirtin «f Um Ngtotry if Actriittai [*1W1»1 SMmlm StMMort Nattooai SM*- livvi/ T r vfIMV/ pwlj AilwvUlDQfl. *V For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2000.
      31 words
    • 156 29 the FAMOUS ■!MIII!I* iM 1833 For more information please refer to Pg. 13 A new lease of life for North American shipping, Pg 2 Bring Your Suppliers And B6' Markets In lp Closer, Quicker, More Reliably- With CGM. sending back fall fashion, or importing low loaders and exporting you the
      156 words

  • Page 30 Advertisements
    • 173 30 Sale Of Cargoveyer The Port of Singapore Authority is offering a cargoveyer for sale. H fflHB «8»- r4y# y«-*r '^ih Commissioned by the Port of Singapore Authority in April 1991, the cargoveyer is a rail-mounted gantry structure which transfers bagged or boxed cargo from the ship's holds to the warehouse
      173 words
    • 8 30 The Daily Freights column is on Back Page
      8 words

  • Page 31 Advertisements
    • 2739 31 OOCL (S) PTE LTD JAR DINE SHIPPING AQENCIEB Atflf#* *****11 FAX: *****09 \llMr BOOKINGS TEL: *****34 *****58 ■Mlllf TERMINAL/CFS TEL: *****18 220 P Bflftflfl H PEBAKA JARDINE SHIPPING AGENCIES SDN. BHD. L A PORT KELANG TEL: *****18 FAX: *****91 *****88 r»..«!;♦», PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated
      2,739 words
    • 1079 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT |3» //A UNITED ARAB SHIPPING (SAGjj [IM VSI/VOY sm NYC I BAI 1 OUT 1 SAV~| m übow m vu vu 7/u i/u 11/11 I kmn it/it n/u a/11 M/u s/11 UNTi (I
      1,079 words
    • 1471 31 unmsnmm WEEKLY DIRECT CALL TO SHIMIZU LAURA MAERSK V.9211 ETA SIN 1/10/92 ETA SHIMIZU 13/10/92 Vaaaal Voy ETA ETO FwM by DESTINATIONS Leerort/Aries Thw Mat Madison Maersk 9201 •"1 IWaMUBHtiHIIIM 29/9 0800 MRS HR CFS 28/9 2359 MRS JOH LPK REN OAK LGB MOO MEM ATI MIA CMS BAI PHL
      1,471 words

  • Page 32 Advertisements
    • 1530 32 roam/ VOY NO S PORE JEDOAH SHAMTON H'BURG ANT LE HARVE WlUy KURAMA 18/139 1/10 10/10 24/10 20/10 19/10 L UIKJnOUNI FRANKFURT EXPRESS 64/339 4/10 21/10 23/10 26/10 27/10 MM ULMM 8 fBMBB LA SEINE 26/140 8/10 17/10 31/10 27/10 26/10 rMNITTfIIN milTlirT KASUGA I 23/340 11/10 28/10 30/10 2/11
      1,530 words
    • 457 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE CANOPUS 03/ 10 VILLE DE CASTOR 08/10
      457 words
    • 1561 32 Rlffoaaaia uwt REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOV SIN ALG BCL*^HAM^BREj^I!o^^ANT^^FE^^^LHA^I NORASIA SUSAN 9230-3 29/09 21/10 23/10 25/10 26/10 26/10 27/10 28/10 29/10 I NORASIA SHARIAH 9231-3 05/10 28/10 30/10 02/11 03/11 04/11 05/11 06/11 07/11 1 HAWK ARROW 232W 11/10 02/11 03/11 08/11 09/11 09/11 10/11 10/11 11/11 I
      1,561 words

  • Page 33 Advertisements
    • 1929 33 STRAITS SHIPPING PTE LTD IEIV iO Hoe Chiang Road #11-01 Koppoi Towers Bfc JBi 0208 Ttl: *****89 Tm: *****17 ACCEPTS CARGO DUE SAIS SNGAPORE PHOIM PENH STRAITS KNTUK V23E Muar*. Lab. KH 29 30 Sep 30 Sap 01 Oct NOUS PKMCESS W207 06 Oct 12 Oct KMS MERUBI VO* KK.
      1,929 words
    • 2674 33 SINGAPORE AGENT: S PAMfnJtiAtic P&O Containers (Singapore Agencies) Pte Ltd I tW t jUIILtIIIICi S 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z t vov -MQ MM ALQ SOU ANT WOT NAM VI MCI VOY
      2,674 words

  • Page 34 Advertisements
    • 632 34 «iui—ui CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE fSLPUI STOK ROAM, ADAM HDUtG WOEN MTMW KUTAi 2fNB 6/10 9/11 15/11 20/11 23/11 MATARMi' 33N8 25-21/11 30/12 2/1 5/1 10/1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subfact to lnduc*m«nt. Also accepting cargo to Casablanca, Port Said, Poet Alexandria,
      632 words
    • 1467 34 HANJIN SHIPPING FDR Wl SM UNE HAUL LGB OAK F» Wl SM |UC HAUL SAV IM NYC HAIUN SMGATOAE 007E 4/10 OMECT 25/10 28/10 HAIUR KUNSAN 0791 28/9 H SAVAMMH 0341 5/11 «/ll 1/11 HAIUN LE HAVRE 019E 11/10 OHECT 1/11 4/11 FISHGUARD BAT 21 IN 5/10 M AMERICA 005£
      1,467 words
    • 1130 34 -j.jrTTT77T|^i Iru »i«*c u( nis moanhnout as ni ktcuw ■w«tn§ a« pkl I E SMI HMI 25/5 14/5 VIO 7/M 5/1412/10 IVMIVM K/14 17/ M 15/14 10/1411/1111/11 M/U 20/11 2VU 21/U 17/11 7/1217/12 21/17 22/12 I SENTRY K 042 t/l« 7/M 12/1114/11 K/M M/M M/ 10 22/11 2J/M 24/11 20/10
      1,130 words

  • Page 35 Advertisements
    • 1432 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 Z3Z aust/india/pak service NEPLINE SDN BHD MALAYSIA NEPTUNELINK TEL: (03) *****23
      1,432 words
    • 371 35 CENTENARY SHIPPING SERVICE I WEEKLY FdU. CONTAINER DIRECT SERVICE I SINGAPORE/HO CHI MINH CTTY Now providing Container Trucking toVungtau, from Ho Chi Mlnh Qty VESSEL'S NAME VOY. NBR ETA/D S'PORE ETA/P HCM CITY TANAH AM 58N/S 28 28 SEPT 01-02 OCT 92 TANAH AIR 59N/S 08-08 OCT OCT 92 TANAH
      371 words
    • 183 35 m NIPPON EXPRESS W B*Sa jfJ^nrawltaernMion^^ Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA, NAGOYA, KAOSHIUNG HONG &.ONG, BANGKOK, KEELUNG, KOBE U.S./AUSTRALIA 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
      183 words
    • 1040 35 i SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUHD—OCCHAKOHS WCSTBOUHD—IOADWG TMHSWfED VIA ROTTERDAM ww lw |»u
      1,040 words

  • Page 36 Advertisements
    • 1651 36 KT W* AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W TEL *****77 TELEX: KAWAKIRS23I6S FAX *****07/^9 m M MALAYSIA: K" UNE MARITIME (MALAYSIA) SON BHD I Wbm JL 4 TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA
      1,651 words
    • 1050 36 PHILI-Oni€NT UN€5 PT€ LTD r"* ;r^— flrjg BY AIR, LAND OR SEA.... !SgL WE TAKE ON THE WORLD FOR YOU MEMBER OFSINGAPORE F R EIG H J r —f/U/STn" "HCW ZSALAtBJSOUTH PACIFIC 2 OCT CHRISTCHURCH 30 SEP SUVA, NOUMEA, PAPEETA. APIA. LAUTOKIA. SAN ANT OHO ,r HIP antafaqesta, guaiquila, benuebentura
      1,050 words

  • Page 37 Advertisements
    • 2123 37 agggPff PACIFIC INTERNATIONAL LINES (PTE) LTD ml M 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I BANGKOK I VESSf L vo* SIN JKT SIM KOTA MNTANO KOT3ON 2S/S 1/10 t/10 BUNGA TERATAI 393 29/9 2/10 9/10 Q KOZINTSEV 39N 29/9 2/10
      2,123 words
    • 847 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P P. GUDANG PENANG PKELANG* OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) g 25/9 25/9 26/9 NIHON 2382 29/9 16/10 18/10 19/10 21/10 e 2/10 2/10 3/10 BENARTY 2392 6/U) 23/10 25/10 26/10 28/10 Q 9/10 9/10 10/10 ALSIA
      847 words
    • 284 37 °BSA° TRANSPORTATION M MYANMA pHBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdf MANDAIAY V3SN In Pt HPA AN VIBIW In Pt PATtCM VII9W 29/30 Sep 26/28 Sap WA AN VIB2W 1/10 Oct PAGAN VII7W 15/17 Oct NIGERIAN NATIONAL SHIPPING LINE VK# NIGERIA EXPRESS
      284 words


  • Page 39 Advertisements
    • 48 39 UC VISA FREIGHT SERVICES PTE LTD Gk Established Since 1984 consolidation AUCKLAND SYDNEY 1 IMPORT EXPORT f MELBOURNE FREHAIM I v FOR BOOKING SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: *****66 TOLL-FREE TEL: *****34 FAX:*****86 FAX:*****37
      48 words

  • Page 40 Advertisements
    • 2900 40 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: I General Agents: Booking Agents: Guan Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Putra Indonesia Maritime Costar Shipping Pte Ltd SMwmg Freight Booking Centre Sdn Bhd 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor, Jl IR H
      2,900 words
    • 295 40 r== SAMUDERA INDONESIA (S) PTI LTD 15 McCALLUM STREET iMIH| #03-01/02 NATWEBT CENTRE Singapore 0106 Tatax: R*****0 T *****81-3 Fax: 225 4939. *****39 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 979 28/09 (MON) 01/10 (THU) MERKUR DELTA 941 29/09 (TUE) 04/10 (SUN) DERAJAT
      295 words

  • Page 41 Advertisements
    • 633 41 /i FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 4/10 ROTTERDAM 4/10 HAIFA/ASHDOO/ALEXANDRIA 4/10 HAMBURG/BREMEN 4/10 MARSEILLE/FRANCE 4/10 FELIXSTOWE/UK 4/10 BARCELONA/SPAIN 4/10 LEHAVRE/ANTWERP 4/10 GENOA/ITALY 4/10 GOTHENBURG/SCANDINAVIA 4/10 LOS ANGELES/WC/IPI 4/10 SYDNEY/MELBOURNE 5/10 NEW YORK/EC 4/10 FREMANTLE/ADELAIDE 1/10 VANCOUVER 4/10 BRISBANE
      633 words
    • 685 41 KS^^ICHHELDTiARINMWENCIE^S^T^TD '£1 TEL: *****33 (12 Lines) m FAX: *****15/*****03 |FH| TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOB SPO«£ ANWNET 28WB 18/10 DAHESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABBAY VYONZ 34W8 10/11 DARf SSALAAM MOMBASA OJ«OOTI ASSAB.
      685 words
    • 486 41 JAKARTA BANGKOK Iwna m m m l«ow. mmmm mmmm 1 RAMA BHUM 1605 30/09 03/10 WRA BHUM 23R Won 20/09 Thu 01/10 BENM BMW 46S 03/10 06/10 PITA BHUM 252* Won 20/09 Thu 01/10 WAHA BHR4 161S 07/10 10/10 MAMA BHUM# 126W Wed 30/09 Sm 04/10 BOU y/12 IARU BHUM
      486 words
    • 332 41 ®3a iKEn-uriE VBL VOY SMGAPORE MADRAS SMGAPORE KSSL «0T SM WA m nto ma nm n rati omc/k 12-11/11 IKO *A* 35R 01-02/10 IM9/1I IS-If/II nra TOD 224R OS-Of/ll 11 13/10 19-21/11 TKOI SIM 3» 0»-W/10 14-IVII 2122/11 < I VSL VOY 804GAP0RE/CALCUTT A/SMGAPORE KSSEL «0T CM. SM I HOTS
      332 words

  • Page 42 Advertisements
    • 1512 42 P*I|MAC-NELS GROUPAGE 11 lmfSr/\ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 30/9 1/10 2/10 Hong Kong Ldn/Flx/Rdm/Ant 1/10 2/10 3/10 4/10 5/10 6/10 Hone Kong G'burg/C'hagen/STiolm/Oslo
      1,512 words
    • 295 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SW PREMER 20S 2/10 14/10 16/10 1/11 MUIBERA 29S 15/10 27/10 29/10 15/11 AUST STAR 0530 26/10 7/11 9/11 26/11 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON. ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER, WELLINGTON,
      295 words
    • 1159 42 f ygl THONG SOON UNES PTE. LTD.] Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BULDMG SW6APORE 0106 TEL: *****88 FAX NO: *****11. *****22 VKr TLX: RS ***** CARRER, RS ***** JENHOI CABLE: TOSOCO 1 MnytkYttNALttWAMW 1 W SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Tvor [S PORE IIEST VESttL
      1,159 words

  • Page 43 Advertisements
    • 832 43 NfttNKX COMPANIA PERUANA DE VAPORES Y "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALL AO, MATARAM, HO* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BIL OF LADING. WSV EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBU.K/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA, MOJI. TOKYO*. MANIA*, DAVAO*.
      832 words
    • 596 43 m zim Iwll Cwttl-f SfTIC6 LULU N.AMERICA/CARRIBEAN SERVICES XSStL VOY SW WRKR DOT LAI RSI SA» NTC 101 m HAM 74E 1/10 m CANADA IE 30/10 1/11 12/11 14/11 lt/11 A. VESSEL 10/10 ZM II ALIA hi 1/11 17/11 21/11 23/1125/11 mntAEUS IJ2E 15/10 M ISRAEL IE lt/11 25/11 29/11
      596 words
    • 630 43 \w MULTI-MODE SHIPPING PTE LTD I I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMMAN SHARIAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS ItDOAH FAR EAST ACCEPTING FCL/LCL PtNANG P/KELANG lAKARTA. BANGKOK HONG KONG TAIWAN JAPAN MANILA KORtA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY ABERDEEN. LE HARVE, HAMBURG ROTTERDAM ANTWEP GOTHENBURG
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    • 379 43 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAKO IOOKIM LUCKY TRANSPORT ft FRE 10NT CO
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    • 389 43 SIN FAR EAST 6/10 KEELUNG/KAOHSIUNG 5/10 BANGKOK 2/10 MANILA/CEBU 5/10 JAKARTA/BELAWAN/SURABAYA 5/10 PORT KELANG/PENANG/E. MALAYSIA 5/10 BUSAN 8/10 TOKYO/YOKO/KOBE/NGO/OSA 5/10 HONG KONG S|N CHINA 5/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 3/10 LDN/FLX/LVP/SOU 3/10 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA 4/10 LOS
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  • Page 44 Advertisements
    • 707 44 ECONOLINES 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
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    • 518 44 BontermJ V CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND/WELLINGTON/LYTTLETON 2ND OCTOBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 04 OCT JAKARTA 04 OCT PENAN6 01 OCT POUT KELAN6 01 OCT MELBOURNE 08 OCT STDNET 08 OCT f REBtANTIE 01 OCT HAMBURG 03 OCT FELIXSTOWE 03 OCT GOTHENBURG 04 OCT 'ACCEPTING
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    • 516 44 This Week's Sailings I To! ETD To: ETD Singapore Singapore Hamburg 03/10/92 Bangkok 04/10/92 |||k| Los Angeles I 1m Manila 02/10/92 (Onforwarding y to Mid West/ 04/10/92 East Coast of Colombo 04/10/92 t'SA) Tel: Fax: Catfwya w» wm Singapore 778 6522 *****38 Gandhi 0§ MA Johore 07-*****8 07-*****3 Alfred Ng
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    • 407 44 Ilvifea CHINESE-POLISH I WA JOINT STOCK SHIPPING CO 1 I 1 CONTASO/BREAKBULK I I SM I I KARLOMCZ 50 16/10 CASABLANCA IPOKOJ V.2S 6/10 HMCURG/ROTUKDMH/GRTNA II ÜBAI V.22 15/10 HUAMGftJ/HN&AMG/SHANGHAI I PARANDOWSKI ¥49 1/10 SHANGHAI I BALTIC FAR EAST SHAPING PTE LTD 2 MBTRI ROAO #10-00. IMC BULOMG. STORE 0207
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  • Page 45 Advertisements
    • 86 45 TONG JOO SHIPPING PTE LTD TEL: *****93 CR NO. **********0 C ACCEPTING FULLY CONTAMERISED I CONVENTIONAL CARGO IUCMW APPLE COl 03/10 APPLE COl 03/10 6IGI C3O 07/10 GIGI C3O 07/10 APPLE CO2 11/10 APPLE CO2 11/10 GIGI C3l 15/10 GIGI C3l 15/10 GINA II 18E 29/09 GINA II 18E 29/09
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    • 109 45 wmmm MEXICO CITY/ S. AMERICA U.S.A. ALL PORTS INCLUDING HAWAII HONOLULU IN ALLIANCE WITH A.B.F. OUR NETWORK CONNECTS YOU TO MORE THAN 60 INLAND POINTS IN U.S.A. ALSO ACCEPTING LCL CARGOS TO EL SALVADOR, GUATEMALA CITY SANTOS, BRAZIL FOR ENQUIRIES: 273-0466 FOR BOOKINGS: 273-0133 fe YUSEN SEACARGQ AGENT OF TRANSCONTAINER
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  • Page 45 Miscellaneous
    • 446 45 TIDES AND WEATHER I MMMMMMHMMMMMMWHWMMHMMMMMMWMMMMHMMMMMMMNrwMMi TODAY'S TIDES (tiqdrt in metres) HOW 0000 0100 0200 0306 0400 0500 MOO 0700 MOO MOlOOOl IN ***************01C**********1900 2000 2110 *****300 JR 3.1 30 26 19 1.2 08 05 0.5 08 14 22 2.9 31 2.9 2.5 18 1 1 06 0.2 0.1 0.3 0.8
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  • Page 46 Advertisements
    • 442 46 1 "AN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT ve Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION
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    • 582 46 cosco lIKC CONVENTIONAL SERVICE 'ESSEL PKL PNG P.O. LOADING FOR: i VESSEL 28/10 Rotterdam/Antwerp CMNA CONVENTIONAL SERVICE 'ESSEL PKL PNG P.G. LOADING FOR: k VESSEL 15/10 20/10 Huangpo/Gu«ogihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO. CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI 'lease refer above mentioned services
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    • 413 46 1 Kn iAKIUTV is I I TOUR PRIORITY I I IT IS OUR BUSINESS 1 1 @4*4o#*- 'Pte *dtd I I James K Kasmel' *****88 MSKH DISTRIPARK PTE LTD 77 Robinson Road #16-02 SI A Building, Singapore 0106 Tel: *****79 Fax: *****82 Tlx. RS *****SKHNVO johore Baru Tel: 07-*****8 Fax:
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  • Page 47 Advertisements
    • 1103 47 I ▲HYUNDAI I MEKCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PWA FKE SW HTM MIT* LEH* HAM BKEj PEL H. FROKTO 301W 25/09 25/09 MPT 16/10 16/10 17/10 17/10 17/10 20/10 SI. FREEDOM 301* 09/10 09/10 11/10 30/10 30/10 31/10 31/10 31/10 03/11 St. MAMO 301N 23/10 23/10 25/10
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    • 446 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ftSKI W If H MR U turn ocui 121 n/« lUK U KM 21 21/1 COSMK PWUI 25 1/11 l/ll nra fimu it 4/11 CMUISIS SIT 2 11/11 12/11 Sim lACBYA M l/ll 11/11 THUS MTI 44 l/ll 11/11
      446 words
    • 903 47 J EXPORT TO: JEDDAH/UK/CONTNENT IITOK IO S*TON KMC fDAM U* ■Mm Acc** C*p Hr KUBAMA 11/IU l/ll 11/11 24/11 21/11 11/11 Ml—»Aw :ttM IK MMIk Mm! mt DM FtMMRRI W 14/ HI 4/11 21/11 21/11 24/14 27/11 :to M Mm*. Aartrta*. (Mi. N*M4 LA SEX 2*/140 l/ll 17/1111/1127/11 21/11- Ti.Bianlii
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