The Business Times, 6 October 1992

Total Pages: 50
1 50 The Business Times
  • 17 1 Business Times MITA (P) 35/12/91 Tuesday, October 6, 1992 THE BUSINESS P IPER FOR S-E ASIA 75*
    17 words
  • NEWS SUMMARY
    • 72 1 LONDON The opening of the rail tunnel under the British Channel will be delayed until December next year, seven months later than planned. Managing company Eurotunnel, which originally planned to open the underwater link from England to France in the middle of next year,
      72 words
    • 64 1 ROME Italian businessmen have routinely paid bribes to political parties to win lucrative contracts for the last 20 years, according to a disgraced official of the huge IRI state holding company. "They had to do it it was part of the way things
      64 words
    • 29 1 THE Environment Ministry may ban the import of cars that contain ozone-eating chemicals in their air conditioning systems, said Environment Minister Ahmad Mattar Page 2
      29 words
    • 24 1 LOW interest rates are prompting several banks in Singapore to come up with new financing packages to woo customers Page 2
      24 words
    • 39 1 MALAYSIAN International Trade and Industry Minister Rafidah Aziz yesterday hit out at the private sector in Southeast Asia for not investing enough in the fast-growing region, preferring instead the economies of Japan and Europe Page 9
      39 words
    • 32 1 CONGRESSIONAL negotiators have approved a tax Bill that offers more than US$27 billion (Ss43 billion) in tax breaks and investment incentives in the next five years. Page 11
      32 words
    • 30 1 SINGAPORE company Polycore Optical Pte Ltd owns the technology to a new eyeglasslens making process which has big US and European lensmakers following its industry lead Page 15
      30 words
    • 30 1 LOCAL shippers called on the Singapore National Shippers' Council and the government to take a more active role in addressing issues affecting exporters here. Shipping Times Page 1
      30 words
  • MARKET SUMMARY
    • 76 1 WALL STREET stocks fell sharply yesterday morning, with the blue-chip Dow index losing 70 points in the first hour of trading. The Dow Jones industrial average was down 69.43 points at 3,131.18 at 10:30 am EDT. Dealers said investors sold stock after last Friday's sell-off and losses in
      76 words
    • 31 1 LONDON share prices were sharply lower at midday yesterday. At about 12:30 pm (1130 GMT), the FT-SE 100share index was down 60 points, or 2.4 per cent, at 2,489.7.
      31 words
    • 22 1 RENONG Bhd is aggressively looking at hotels and telecommunications projects in Cambodia to expand its Indochina business Page 3
      22 words
    • 33 1 THE Lum Chang group has begun negotiations to go into a US$2O million joint venture to renovate and expand a hotel in China's famous Huangshan tourism district Page 3
      33 words
    • 27 1 CENTREPOINT Properties Ltd is still exploring ways to take advantage of its flagship Centrepoint Shopping Centre's close proximity to the Somerset MRT station Page 3
      27 words
    • Article, Illustration
      28 1 Monday Change BT-MGA 650.68 -2.33 Kuala Lumpur ....594.33 -0.26 Tokyo 17,101.50 -222.57 Hongkong closed Sydney 1,467.1 -15.8 Friday Change New York 3,200.61 -53.76 London 2,549.7 -22.6
      28 words
    • 22 1 Exchange rates USS s$ 1.5900 100 Yen SS 1.3328 MS SS 0.6365 Money market rates Overnight 1-1/16% +1/16 3-month...\ 11/2% -1/16
      22 words
    • 35 1 London Gold AM fix USS348.75 US$0.75 Rubber S'pore Nov 143.75*/kg -0.25 M'sia Nov 221.50*/kg unch KL Fin Turnover 20tonnes -13 Spot M$15.75/kg -0.25 Crude palm oil Turnover 634 lots +112 Dec MS871 /tonne +3
      35 words
  • 554 1  -  Lee's suggestions: More leeway for pioneering firms Make it easier for S'poreans to accept overseas postings From Lee Han Shih in SHANGHAI THE GOVERNMENT may have to take steps such as relaxing some rules for business if Singapore companies are to catch up
    554 words
  • 638 1  -  Regional thrust and more aggressive lending bring more business By Kooi Cho Teng SINGAPORE Homegrown banks are enjoying a larger slice of the loans and deposits market. And they are likely to attract a bigger slicc still, given their aggressive lending
    638 words
  • 246 1 Reuter JAKARTA Indonesia's military is closing ranks against a challenge by technocrats and putting its weight behind its Commander-in-Chief, Gen Try Sutrisno, for the post of vice-president and probable successor to President Suharto, diplomats and military sources said yesterday. Diplomats said
    Reuter  -  246 words
  • 236 1  -  By Amir Khalil SINGAPORE Trading volume on Simex passed the million mark for the third consecutive month in September, hitting a record 1,351,026 contracts, equivalent to a daily average of 63,763. This was 10.76 per cent up on the previous best
    236 words
  • 304 1 Currency convertibility and access to domestic markets to be addressed Reuter BEIJING China plans to cut red tape for foreignfunded companies in the near future, possibly allowing them to freely convert Chinese renminbi to foreign currency and to seek greater access
    Reuter  -  304 words
  • Page 1 Advertisements
    • 189 1 Nikon The World's Finest Photographic System. Aircraft Schedule 29 Jkt/Bkk/China Stocks 24 TV Radio 16 Commodities 28 KLSE 23 Unit Trusts 21 Company News 3,4,6 Money Changer Rates 29 Weather 29 Cryptic Crossword 29 Money Market 27 World News 11 Editorial 12 Regional News 10 Financial News 8 Regional Stock
      189 words
    • 9 1 Suharto urges military to focus on development, Pg 10
      9 words
    • 86 1 Banks rushing to offer new financing deals, Pg 2 IB BlancpaiN OlliiliH The uhfd slirr ftUch Since 1735 there has NEVER BEEN A QUARTZ BLANCPAIN WATCH. And there never will be. Singapore IMF HOUR GLASS l.urky Pl«**a TH 7M242CV1 Scoffs Tel Centrepoint 7H 7141VNU60? Peninsula Plata TH H7HIOWIMVfti PaU*<« Renaissan<c
      86 words
    • 20 1 Nikon The World s Finest Photographic System. Hock Lock Siew: FCC's divestment a move in the right direction, Pg 3
      20 words

  • PAGE 2 NEWS
    • 391 2  -  Environment Ministry studying the matter Reports by Genevieve Cua SINGAPORE The Environment Ministry may ban the import of cars that contain ozone-eating chemicals in their air-conditioning systems. Environment Minister Dr Ahmad Mattar yesterday said ENV was studying the feasibility of prohibiting
      391 words
    • 222 2 SINGAPORE A Japanese manufacturer of water-based ozone-friendly cleaning systems for the electronics industry is scouting for licensees in Singapore for its technology. S&C Co Ltd's president, Yoshihide Shibano, expects tremendous demand for his company's systems over the next couple of years
      222 words
    • 273 2  -  By Ramesh Divyanathan SINGAPORE An ex-com-pany director who persisted in not filing a statement of affairs to the Official Receiver. was once again fined and convicted. According to the Official Receiver's Office, it was the first time that anyone had been convicted of the continued
      273 words
    • 332 2  -  Chase, Stanchart launch low-interest packages By Dawn Tan SINGAPORE The current loan drought has led to a deluge of new financing packages by banks. Chase Manhattan and Standard Chartered have just launched packages targeted at executives and professionals shopping for low-interest loans. Stanchart
      332 words
    • 46 2 AMSTERDAM Eire fighters searching for survivors in two mined apartments blocks yesterday after an Israeli El Al cargo jumbo jet ploughed into the buildings. Several hundred people were feared killed in the Netherlands' worst air crash. Full report in Shipping Times, Pg 2
      46 words
    • 172 2  -  By Joseph Rajendran SINGAPORE American company Media Vision has settled its copyright tussle with Singapore-based Creative Technology out of court for an undisclosed sum. Under the settlement. Creative will also license its Sound Blaster card technolo- gy to Media Vision, showing that the
      172 words
    • 262 2 Reuter NEW DELHI Japanese investors are watching India's sweeping economic reforms warily and worried that the changes are vulnerable without a legal framework, according to a senior Japanese official. Japanese diplomats yesterday quoted Deputy Foreign Minister Koichiro Matsuura as telling Indian officials last
      Reuter  -  262 words
    • 358 2 AFP MOSCOW Former Soviet president Mikhail Gorbachev yesterday denounced the travel ban against him as "illegal" while former communist hardliner Yegor Ligachev told Russia's constitutional court that Mr Gorbachev had "opened the way to nationalist separatism" in the former Soviet Union. Mr
      AFP  -  358 words
    • 299 2 Reuter NEW YORK US presidential candidate Ross Perot is a very rich man. but his fortune pales in comparison with those of Microsoft Corp founder Bill Gates. Metromedia's John Klugc and a host of Wal-Mart heirs. According to Forbes magazine, which publishes
      Reuter  -  299 words
  • Page 2 Advertisements
    • 234 2 SINGAPORE THI/TTT' a INSTITUTE OF H IVI I X MANAGEMENT from the k Largest Business School in Australia This unique post-graduate qualification in finance offers: Current Issues in Finance A strong emphasis on practical and quantitative applications in finance including financial engineering, risk management and applied financial econometrics. Simulations and
      234 words

  • COMPANY NEWS 1
    • 324 3  -  Overseas expansion By William Chia SINGAPORE Malaysian conglomerate Renong Bhd, which last year secured a massive contract to develop a satellite city in Vietnam, is aggressively looking at hotel and telecommunication projects in neighbouring Cambodia to expand its Indochina business. Mr Lee
      324 words
    • 165 3 SINGAPORE Times Publishing Ltd and the Jakartabased Dharmala Group have set up a joint venture to move into the bookselling business in Indonesia. The joint venture, incorporated in Singapore and named Times-Dharmala Pte Ltd, will be managed through Times The Bookshop Pte Ltd and
      165 words
    • 233 3  -  From Lee Han Shih in SHANGHAI SINGAPORE'S Lum Chang group has started negotiations on a US$2O million (5531.8 million) joint venture, which will renovate and expand a hotel in China's famous Huangshan tourist spot. This was disclosed by Wu Chang
      233 words
    • 198 3 SINGAPORE Jacks International Ltd, whose ultimate holding company is Malaysia's Johan Holdings Bhd, has reported a turnaround in its half-yearly group results, due to a better showing by its Singapore and British operations. But recession, inflation and a labour squeeze have hurt its
      198 words
    • 321 3  -  By Rahita Elias SINGAPORE Marinebased Chuan Hup Holdings had sold off 18 of its older vessels, while adding six newer ones to its fleet in the last financial year, in keeping with its policy of maintaining a young and competitive armada. The older vessels, with
      321 words
    • 528 3  -  THE HOCK LOCK SIEW COLUMN I By Lilian Ang SINGAPORE News that First Capital Corporation (FCC) has divested its interests in six trading companies linked to the Guoline group may have escaped the attention of all but the most avid watchers
      528 words
    • 279 3  -  By Colin Tan SINGAPORE F&N subsidiary Centrepoint Properties Ltd is considering how best to use the higher floor space limit granted for its flagship Centrepoint shopping centre. In its latest annual report, released yesterday, CPL chairman Michael Fam says the company hopes to come up
      279 words
    • 196 3 Bernama KUALA LUMPUR Johan Holdings Bhd is talking to several parties to weed out investments in non-strategic areas and concentrate on certain core business activities, chairman Tan Kay Hock said yesterday. Speaking to the press at the release of the company's interim results, Mr
      Bernama  -  196 words
    • COMPANY BRIEFS
      • 52 3 SINGAPORE The OCBC Bank group has bought 1.29 million units in Harimau Investments Ltd for about $1.3 million. The purchase on Oct 2 brought OCBC's direct and indirect interest in the closed-end fund to 20.14 million units, or 40.23 per cent, up from 37.66 per
        52 words
      • 37 3 SINGAPORE L&M Group Investments Ltd has appointed Kuik See Juan, 49, as a company director. Previously, Mr Kuik was an associate director for sales at Kay Hian James Capel, a stockbroking firm.
        37 words
      • 69 3 KUALA LUMPUR Kent (Malaysia) Bhd has more than doubled its group profit after tax and minority interest to M 58.17 million (555.22 million) for the half year ended July 31, 1992, from Ms3.l million in the previous corresponding period. Turnover rose from M 552.85
        69 words
      • 101 3 KUALA LUMPUR Lion Land Bhd, the former Supreme Corporation Bhd, has identified the personal computer industry as an industry of the future and with growth potential. Lion Land, which proposed to subscribe for a 40 per cent equity interest in Likom Technology Sdn Bhd,
        101 words
      • 43 3 KUALA LUMPUR Federal Cables, Wires Wires Manufacturing Bhd is now a wholly-owned subsidiary of Ekran Bhd pursuant to the completion of the compulsory acquisition on Oct 3, Commerce International Merchant Bankers Bhd announced on behalf of Ekran yesterday.
        43 words
    • COMPANY BRIEFS
      • 110 4 BANGKOK Three of Thailand's largest consumer goods trading firms will set up a joint venture in Poland by mid--1993 to handle East European market expansion, says the Bangkok Post. Yip In Tsoi Group, Saha Union Group and Sahaphat Group had agreed in principle
        110 words
      • 86 4 WELLINGTON Telecom Corp of New Zealand has said it will merge its four regional operating companies into a single national organisation. Telecom's national telecom operations director Jim Harrison said yesterday that the details of the changes were yet to be finalised. Company secretary Martin Wylie
        86 words
      • 101 4 HONGKONG Record development profits and rental income have boosted Sun Hung Kai Properties' net profit by 36 per cent to HK$4.6B billion (*****.1 million) for the year to June 30. Total property sales amounted to HK57.77 billion, compared with HK57.73 billion in the previous year, while
        101 words
      • 66 4 HONGKONG Accountancy firm Deloitte Touche Tohmatsu has refused to recognise a 25-year management contract awarded by the insolvent owner of the Ritz-Carlton Hongkong. Deloitte partner Joseph Lo, joint receiver of the hotel's owner, GGS Hotel Holdings, said the company's collapse meant Ritz-Carlton's 25-year management contract was "not
        66 words
    • 281 4 AFP TOKYO A Japanese restaurant chain, already set to sell low-cost US-made sushi by bypassing Japan's ban on rice imports, is not stopping there in its challenge to culinary nationalism. Sushi Boy Ltd, a chain of 44 low-priced sushi shops in and
      AFP  -  281 words
    • 473 4 Knight-Ridder TOKYO Foreign investors are expected to increase their holdings of Japanese stocks in the second half of the fiscal year (April-March), believing the Nikkei has bottomed out. "It's a good time to buy into Japan, since it's at the bottom of its
      Knight-Ridder; Source: TeleTrac  -  473 words
    • 164 4 AFP BEIJING China's first national securities company, Guotai Securities Corp, opened yesterday in Shanghai as efforts to increase the role of financial markets gained speed, an official newspaper said. Guotai is one of three national firms to be approved by the central bank, the
      AFP  -  164 words
    • 453 4  -  Filipino giant aims to cash in on region's thirst for beer From Al Labita in MANILA PHILIPPINE food and beverage giant San Miguel Corp has bought a leading Indonesian brewer as part of its plan to cash in on the growing regional thirst
      453 words
    • 329 4  -  By Colin Tan SINGAPORE South Korea's largest steel maker, Pohang Iron and Steel Co (Posco), plans to increase its presence in the Asia-Pacific region, especially South-east Asia. Posco Singapore's deputy general manager, Kim Sung Ki, told BT that the regional steel
      329 words
    • 214 4 Reuter SEOUL The board of the Pohang Iron and Steel Co (Posco) has turned down a resignation letter from chairman Park Tae Joon, saying its members would resign en masse if he left the company. The board met in an emergency session after Mr Park
      Reuter  -  214 words
    • 618 4 MARKET TALK Reuter HONGKONG Hongkong, one of the most buoyant bourses in Asia, will be hard-pressed this month to bounce back smoothly from some of its biggest make-or-break crises in quite a while. Several issues have clouded market sentiment in the
      Reuter  -  618 words
    • COMPANY BRIEFS
      • 108 6 LONDON Ranks Hovis McDougall, the British food company, said yesterday that it was rejecting the £780 million (552.17 billion) takeover bid announced earlier in the day by Anglo-American conglomerate Hanson. The company said there was "no commercial logic" for the bid which "seriously undervalued"
        108 words
      • 59 6 LONDON Management consultant MacKinsey Co has been hired by British Gas to perform an efficiency study of its 3,500-stafT in its central headquarters, the Independent on Sunday said. The review is expected to lead to large layoffs among British Gas's 80,000 employees, 2,500 of whom
        59 words
      • 85 6 LONDON New Zealand investment group Brierley Investments Ltd said it picked up another 4.38 per cent of British brewer Gibbs Mew pic shares on Friday, giving it a total of 24.08 per cent. BIL said this represents over 60 per cent of Gibbs Mew's
        85 words
      • 68 6 NEW YORK Kmart Corp is undertaking an intensive effort to persuade sceptical women that they can find fashionable clothing amid aisles of appliances, weed killer and toothpaste. To help in this arduous task, one of Kmart's agencies, Calet, Hirsch Ferrell Inc in New York, is introducing
        68 words
      • 64 6 TOKYO US chemical and electronics giant Du Pont is seeking to join a Japanese-government directed research project into superconducting technologies, the Nihon Keizai newspaper reported. Participation by prestigious foreign companies like Du Pont at the Japanese Ministry of International Trade and Industry-directed International Superconductivity
        64 words
      • 87 6 LONDON Grand Metropolitan, the UK food and beverage company, faces poor results from its Green Giant frozen food subsidiary in the US because of a com surplus that has driven down prices to an eight-year low, the Sunday Telegraph reported. In a reflection of Grand
        87 words
    • 496 6 Reuter BELLEVUE, Washington Microsoft Corp has a determined strategy to push its evolving Windows software into every field of computing, a plan analysts say bodes well for continued strong earnings growth for the world's largest software maker. At its annual strategy session
      Reuter  -  496 words
    • 296 6 Reuter TAIPEI Taiwan's Bureau of Investigation yesterday recommended charges of manipulating stocks against a director in a company that is at the centre of the island's biggest stock scandal, a bureau spokesman said. Alex Hsu, a member of the board of directors
      Reuter  -  296 words
    • 214 6 Reuter BRUSSELS The "Marlboro Man" may have to ride on into the East. As wealthy nations grow "greener" and healthier by the day, they are starting to get tough on tobacco and Philip Morris, the Marlboro maker, knows it's time to look elsewhere. "It's
      Reuter  -  214 words
    • 235 6 Reuter NEW YORK International Business Machines Corp was due to launch three notebook computers yesterday in an effort to close a gap in its belatedly introduced line. IBM entered the fastgrowing notebook-computer market only last March, when it took the wraps off two
      Reuter  -  235 words
    • 448 6 Chip consortium to spend lOpc of USsloom budget on pollution, safety studies NYT NEW YORK Congress took the unusual step over the weekend of mandating that 10 per cent of the Sematech computer chip consortium's US$lOO million (S$ 159 million) 1993 budget be used for
      NYT  -  448 words
    • 865 6 NYT NEW YORK Pity those investors who get what they want. That's the moral of today's story of the continuing financial squabbles at Sears, Roebuck Co. Sears should be a company whose stock is riding high. After all, last week the US company finally
      NYT  -  865 words
  • Page 3 Advertisements
    • 131 3 I IN THE MARKET PAGES SES hurt by weak bourses 19 KLSE dampened 23 Bank stocks fall on SET 24 Bluer than blue chips 26 Seoul market dives 26 dlk THE BEST OF BREITLING Since the establishment de P endat>ilit y Worn fl > rers of Sincere Watch in 1954,
      131 words

  • Page 4 Advertisements
    • 147 4 THREES A COMPANY mt .v '~^^i^^wir'^y f j^HH Br jK Jv>%i*s*i* jHp vg> *|Ba^:ii^^P^' Jfttj V Many people still think of Management an authorised ORIX as strictly a car rental dealer for most makes of company. But in a nutshell, new cars a SO ers we are actually three enter-
      147 words
    • 5 4 The Bottom Line, Back Pg
      5 words

  • Page 5 Advertisements
    • 62 5 S > **?*.;-*t*S 1 4 ;*r t«t mwigni^nH *fiWfeAS jfalj .>». k^JO)dBONj^MS j- d y Ann City 41 For Intelligent Businessmen Who Never Compromise, An Office Building That's The Same. Chesterton INTERNATIONAL JLJB In 1993. Ngee Ann City will open as a revolutionary workstyle concept .n Orchard Re ta nfiJmiinHßß
      62 words

  • Page 6 Advertisements
    • 267 6 You Have To Taste To Know The Difference! Check out our 7 karaoke dining rooms. keep you entertained while you dine. For reservations, call 227 3848. There's seafood and there's superior seafood. At Maple Garden Seafood Restaurant, we satisfy the palette by serving up the latter. Special Introductory Menu Enjoy
      267 words

  • Page 7 Advertisements
    • 77 7 r ■J* I Introducing a new daily to Hong Kong vt «t 'i i> i Jpjl From 25th October, Qantas flies to Hong Kong 7 days a week. We depart at 2:sopm and arrive at 6:35pm, leaving you with ample time to savour Hong Kong's famous nightlife and shopping. Thats
      77 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 95 8 LONDON Midland Bank pic and Barclays pic are both losing corporate banking business to Royal Bank of Scotland and continental European banks, the Independent on Sunday said. One fifth of 670 finance directors who responded to a survey by the Manchester Business School said they
        95 words
      • 88 8 TOKYO Finance Ministry measures to help Japanese bank will not be enough to relieve downward pressure on their ratings, Moody's Investors Service said. The Moody's report entitled "Implications of the Japanese Government's Economic Measures for the Banks said Japan's banks will need several years to improve
        88 words
      • 63 8 BANGKOK Siam Commercial Bank directors appointed Dr Olarn Chaipravat president of Thailand's fourth largest commercial bank. Dr Olarn, one of Thailand's leading macroeconomists, succeeds Tarrin Nimmanahaeminda, who resigned last week to become finance minister. Bank policy is expected to be little affected as Dr Olam
        63 words
      • 70 8 SCHWERIN, Germany The Bundesbank said it will abolish special banking arrangements for eastern German institutions from Nov 2. The German central bank said in a statement it will adjust its so-called rediscount quota for eastern German banks to be in line with those quotas applicable to
        70 words
      • 86 8 MADRID The Bank of Spain said it had lifted some of the capital controls introduced on Sep 23, in what had been an attempt to control speculative operations against the peseta. A new circular published yesterday lifts the obligation to set up a 100 per
        86 words
    • 333 8 Knight-Ridder TOKYO Despite a regulatory easing by the Ministry of Finance that opens the way for Japan's banks to avoid writing off unrealised stock losses at the end of the fiscal half-year, a number of major banks will do it anyway,
      Knight-Ridder  -  333 words
    • 275 8 Reuter SINGAPORE Stateowned Bank of China (BOC) will issue bonds overseas annually in future to help finance China's massive development plans, a senior bank official said. Huo Tuanjie, deputy general manager of the foreign exchange department in the bank's head office in
      Reuter  -  275 words
    • 352 8  -  Third Asia-Pacific Risk Management Conference By Amir Khalil SINGAPORE Risk management should be an integral part of management practice, the new Insurance Commissioner, Lim Shu Chiau, said yesterday. Risk management was not merely the provision of insurance cover, Mrs Lim told delegates attending an
      352 words
    • 446 8  -  By Soh Tiang Keng SINGAPORE A Lloyd's underwriter said yesterday that Hurricane Andrew, which devastated parts of the US recently, is not likely to have a great impact on the London insurance market. Michael Payne told the Third Asia-Pacific Risk Management Conference that
      446 words
    • 617 8  -  THE By Paul Leo The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index futures.
      Source: Refco S'pore  -  617 words
  • Page 8 Advertisements
    • 146 8 I^^GD^x^ai>a>@(ii@><^^ i <ae!®<acDe <3«& a 'We serve food fyats centuries old. <s4nd music not a day uounger. I Centuries ago, the chefs who created the cuisine for their J— Maharajas lavished their talents to please their Highnesses. g S iQdfclt Those who succeeded in pleasing their palates were c I
      146 words
    • 176 8 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available V.SS BAHAMAS 900 8.V.1 950 COOK ISLANDS 1600 DELAWARE 295 GIBRALTAR 500 HONG KONG 350 IRELAND 400 •ISLE OF MAN 450 JERSEY 900 LIBERIA 1050 MADEIRA 3750 PANAMA 800 U.K. LTD 240 WESTERN SAMOA 750
      176 words

  • Page 9 Advertisements
    • 235 9 (What leading industry consultants are saying about NCR y s System 3000/ d [NCR's] open, cooperative computing... a model of how open systems should be pursued.H International Data Corp., (IDC) USA NCR has liberated the computer. I The System 3000 is built around And its users. economical microprocessor technology Now
      235 words

  • THE REGION
    • NOTE BOOK
      • 78 10 KUALA LUMPUR Malaysia plans to retaliate against Austria for requiring tropical timber products to carry special labels. Primary Industries Minister Lim Keng Yaik said yesterday. Dr Lim added that at an agriculture ministers' meeting next week in Bandung, Indonesia, Malaysia would ask its
        78 words
      • 78 10 SEOUL The European Community is expected to continue extending Generalised System of Preference (GSP) benefits to South Korea and other newly industrialising economies (NIEs) until the end of next year, sources at the Korea Trade Promotion Corp said yesterday. The extension was contained in a recent
        78 words
      • 78 10 YANGON Myanmar's last democratically elected prime minister, U Nu (right), said yesterday the ruling junta should free Nobel Peace Prize-winning dissident Aung San Suu Kyi. In a rare interview at his home here, U Nu, now 85 and himself recently released from house
        78 words
      • 79 10 MANILA President Fidel Ramos intends to grant US warships and aircraft continued access to bases in the Philippines even after American troops stationed there are evacuated next month, Senate president Neptali Gonzales said yesterday. He told reporters that Defence Secretary Renato de Villa had
        79 words
    • 443 10 Few ventures taking off despite Afia tax perks Reuter KUALA LUMPUR Malaysian International Trade and Industry Minister Rafidah Aziz criticised the private sector in South-east Asia for not investing enough in the fast-growing region, preferring the economies of Japan and Europe. "I
      Reuter  -  443 words
    • 520 10 Reuter BANDAR SERI BEGAWAN Brunei's monarch Sultan Hassanal Bolkiah, reputedly the world's richest man, marked 25 years of his rule in grand style yesterday and urged his subjects to unite behind him politically. Sultan Hassanal, 46, presided over a glittering ceremony
      Reuter  -  520 words
    • 220 10 AFP JAKARTA Indonesian President Suharto yesterday urged the military to focus its non-defence energies on national development. "To back the attainment of national development aims in the coming new era, there is a need to continuously improve the quality of Abri's (the armed
      AFP  -  220 words
    • 484 10 Sunday Morning Post HONGKONG Hongkong's Financial Secretary, Hamish Macleod, has given the strongest indication yet as to what form the British colony's proposed central monetary authority will take. In an interview with the Sunday Morning Post published at the weekend, he dismissed
      Sunday Morning Post  -  484 words
  • Page 10 Advertisements
    • 197 10 THE TOTAL BUSINESS CONCEPT ALEXANDRA POINT TECHNO PARK \J¥ VJive your business the cutting edge by integrating your corporate headquarters, administration, R&D, manufacturing, warehousing, ,^3s^ showroom, sales and service centre in Alexandra Point Techno Park. By locating these functions in the 25-storey office tower and two 8-storey industrial j blocks,
      197 words
    • 10 10 A king who rules a modern-day Came lot, Pg 12
      10 words

  • THE WORLD
    • 617 11 of breaks and incentives puts Bush in political bind NYT WASHINGTON Congressional negotiators have on a tax Bill that of--'-fers more than US$27 billion -<about Ss43 billion) in tax breaks and investment incen- t Tives in the next five years, many of them
      NYT  -  617 words
    • 374 11 Bloomberg TOKYO Three years ago, Japanese shopt. pers became famous for their reckless purchases of Gucci bags, Rolex watches and ijBMWs. But now, squeezed by one of Japan's worst post-war economic slumps, they're not only shunning luxury goods but are even searching
      Bloomberg  -  374 words
    • 47 11 BEIJING African National Congress President Nelson Mandela holding aloft an honorary doctorate bestowed upon him yesterday by Beijing University president Wu Shuqing. Mr Mandela later addressed a crowd of about 300 students, where he talked about human rights and the ANC's anti-apartheid struggles.
      47 words
    • 320 11 Reuter DUBAI South Africa will hold its first trade show outside Africa in the Gulf emirate of Dubai this week, taking another step towards ending decades of commercial isolation. According to a South African official on Sunday, more than 100 South African companies will
      Reuter  -  320 words
    • 409 11 Tiny Nauru joins ranks of protesting Pacific nations NYT TOKYO As president of one of the world's tiniest nations, Bernard Dowiyogo of the Republic of Nauru usually follows a simple rule of economic and foreign policy in the Pacific: Stay out of
      NYT  -  409 words
    • 341 11 Reuter OSLO Guatemalan human rights campaigner Rigoberta Menchu and the Salvation Army are favourites for the 1992 Nobel Peace Prize to be announced on Oct 16, Norwegian national television said on Sunday. NRK television, which has often correctly predicted the Nobel winner, said Ms Menchu
      Reuter  -  341 words
    • 352 11 NYT WASHINGTON With reports of child abuse and teenage suicide on the rise, and with older Americans spending more of their income on health care, America's overall social well-being has skidded to its lowest point since the study began in
      NYT  -  352 words
    • WORLD WATCH
      • 76 11 TAIPEI About 5,000 opposition supporters, beating drums and gongs, marched through Taipei streets on Sunday to demand Taiwan's formal secession from China. Wearing yellow headbands, they shouted such slogans as "one Taiwan, one China, our only way out" and "security, dignity and independence
        76 words
      • 69 11 LIMA Japanese-Peruvian engineer Jaime Yoshiyama Tanaka, who has gathered a record 516,227 signatures for his New Majority Party, appears poised to take a congressional seat in legislative elections in November. Like President Alberto Fujimori, Mr Yoshiyama is descended from Japanese immigrants who settled in the Andes. Before
        69 words
      • 112 11 SEOUL Former US secretary of state George Shultz received the Seoul Peace Prize here yesterday in recognition of his contributions to world peace and helping the 1988 Seoul Olympics to take place peacefully. Mr Shultz, who served as secretary of state in 1982-89, said he would
        112 words
      • 68 11 BEIJING Chinese police have detained at least 30 young anti-establishment musicians and artists on suspicion of using and selling drugs and have allegedly employed beatings and coercion to force confessions, associates of the detainees say. During a month-long dragnet that apparently followed months of preparation by the
        68 words
      • 84 11 BEIRUT The World Bank has agreed to grant Lebanon two loans totalling US$3OO million (about ***** million) for reconstruction projects in the first organised effort to help the country rebuild after 15 years of civil war. Members of a nine-member team from the World Bank
        84 words
      • 82 11 PRAGUE The Czech and Slovak prime ministers said on Sunday that they would not go ahead with talks planned for today to settle a dispute over the dissolution of the Czechoslovak federation. The row erupted four days ago when the federal Parliament unexpectedly rejected a federal
        82 words
  • Page 11 Advertisements
    • 131 11 Tomorrow's market. Open Todar One of Asia's largest capital markets has fust open its doors to the world's institutional investors. For the first time in over 40 years, virtually any kind of foreign institution can now invest directly into India's capital market Fundamentally strong, the market has weathered recent storms
      131 words

  • 449 12 EDITORIAL THE Sagawa Kyubin bribery scandal involving Shin Kanemaru, kingmaker of Japan's Liberal Democratic Party, evokes an unmistakeable sense of deja vu. Once again, powerful politicians have admitted accepting monetary gifts from businessmen of questionable repute. After having pretended to reform itself, the establishment has again rallied
    449 words
  • WHAT THE OTHERS SAY
    • 182 12 SINGAPORE WRITING in the English language is still in its infancy. But the current proliferation of short stories, drama, novels and poetry in English, the child whose very conception was fraught with such soul-searching and self-doubt in the '60s has eagerly taken its first bold
      182 words
    • 123 12 A BLOODY CLASH on the border between Saudi Arabia and Qatar has revealed another potential flashpoint in a Gulf region already edgy over a territorial dispute involving Iran. The Qatar-Saudi Arabia row comes amid growing unease in the oil-rich region over the row between the United
      123 words
    • 189 12 H ROSS PEROT decided two-and-a-half months ago that he was withdrawing from the presidential race, and now he is re-entering it. With his chop-and-change style, he can hardly expect the electorate to give him their full support and to have any more faith in him, especially when his
      189 words
  • REGIONAL VIEWPOINTS
    • 156 12 SO AUSTRIA has becomes the first country to impose a mandatory labelling requirement on all products made from imported tropical timber following its enforcement of a new law at the beginning of last month succumbing to the pressure of European non-governmental organisations (NGOs) campaigning against logging activities
      156 words
    • 164 12 PALANG DHARMA's move to make all of its 11 ministers publicly disclose their assets and liabilities, along with their wives', before taking office is sensible and timely. It should be promptly adopted by the Chuan Cabinet as an official regulation. In addition to a Cabinet decision,
      164 words
    • 178 12 HONGKONG hardly dares stare too intently into a crystal ball. Confidence ebbs and flows in line with the mercurial Hang Seng Index. Certainty is the one commodity in desperately short supply. But the governor has done a thoroughly professional job of endearing himself to the ordinary people.
      178 words
  • 920 12  -  As he celebrates 25 years on the throne, the Sultan of Brunei is seeking to consolidate the authority of the monarchy. Michael Richardson reports Michael Richardson IHT IN A palace as large and opulent as Versailles, Sultan Muda Hassanal Bolkiah of Brunei held
    IHT  -  920 words
  • Page 12 Advertisements
    • 24 12 ■ini^iHisi»9 '-^^j \t^Mißi ■fIHHHHHHHHMsIIB^B #f>-i '^^9|Pllwll^^ffl^^^ 7i Jf^lgm v-. t* P"*' aa a fMALAYSIA* •9*4 iTinhniwmi PLAYGROUND? —II III! a *****7******0*| I ON SALE
      24 words
  • Page 12 Miscellaneous
    • 65 12 DOONESBURY GARRY TRUDEAU I\B GOT AN IPBA. IF HE BRINGS HIM UP IN THE 60R5AmncNs veaAiß, I'll justsw, 'i but you sure, but gore HEY, HONEY' UJHAJ FRANCJS BACON KNEW FRANCiS BAOON, FRANCIS PIPNT Mx/r KNOW NOCUf A LOT IN HIS BACON tUASA FRIENPOFMHE, fcffQUJ THAT'MHO IS j 800K..X A
      65 words

  • ANALYSIS
    • 1305 13  -  For 20 years. South Korea concentrated on exporting to the developed countries the US, Japan and the EC, in particular. Lately, it has realised that the Asian region oners exciting trade prospects, says Florence Chong, who was in Seoul recently Florence Chong, The writer
      1,305 words
    • 948 13  -  Barry James says the coming European single market appears woefully ill-defended against criminal onslaught Barry James IHT WHEN the European Community (EC) opens up to the free movement of people, capital and goods in less than three months, organised crime will
      IHT  -  948 words
  • Page 13 Advertisements
    • 267 13 Serious? Lotus 1-2-3 and a CD-ROM Drive for just *****? Yes! Lotus 1-2-3 for Windows (with Multimedia cleaning mechanism). It is compatible with all Smart Help) worth $699 and the award-winning standard DOS, Microsoft Windows as well as Laser Mate CD-ROM Drive in a special bundle. Multimedia PC software on
      267 words

  • INNOVATION & TECHNOLOGY 1
    • 404 14  -  Teh Hooi Ling looks at the US company's expansion plans Teh Hooi Ling US COMPANY SynOptics Corp has opened an office in Singapore to better tap the huge regional market for linking computers. And plans are on the cards for another office in Japan
      404 words
    • 561 14  -  Louise Kehoe wonders if it has misread the market for its latest marvel Louise Kehoe FT AS a veteran Apple Computer watcher, one learns to tolerate hyperbole. Apple is a company whose vision has frequently overreached its ability to execute. Newton, the "personal digital assistant" that
      FT  -  561 words
    • 414 14 NYT THE keepers of the National Science Foundation's supercomputer arsenal have created a blueprint for combining their 21 machines into a continental weapon capable of attacking the most formidable scientific problems. Equipped to tackle such grand challenges as decoding the human genome and
      NYT  -  414 words
    • 330 14 FT THE global mountain of several billion old tyres represents a tempting store of materials and energy and several ambitious projects are underway in the US and Europe to recycle used tyres and/or burn them in power plants. A machine for recycling tyres
      FT  -  330 words
    • 842 15  -  Three years ago, Polycore Optical bought into Califomian-based Dicon Inc, the producer of machines tot use the Ins Jens method to make eyeglass lenses. That move is now paymg off. Helen Chang reports Helen Chang A TECHNIQUE deA veloped through the American space pro gramme
      842 words
    • 1036 15  -  r Marjorie Shaffer looks at the resurgence of interest in plant medicines Marjorie Shaffer FT THE WORLD'S pharmaceutical companies are conducting a romance with mother nature. Lured by the novel compounds that only nature can concoct, established giants such as SmithKline
      FT  -  1,036 words
    • 597 15  -  Say good-bye to busy tones when you are trying to send a fax. Robert E Calem shows you how. Robert E Calem NYT FAX MACHINES have be- c come part of the interna- I tional business landscape, f They are convenient, but they are j hardly
      NYT  -  597 words
  • Page 14 Advertisements
    • 192 14 Who has the best Unix system in the world? Rory Roybel of AIM Tech- nologies recently said: "Unisys clearly dominates the mid-range server categories in performance and price/performance". T Pretty strong statement from the non-partisan Technical Director of independent Unix tester, m AIM. But not remarkable when 1 you study
      192 words

  • Page 15 Advertisements
    • 59 15 THERE'S MORE /A TO LIFE DVIUiIIUT W# RENAULT 25 V6/BACARRA I 2850 cc, V 6 Full injection, Anti-lock Braking System Power lumbar adjustment, On board computer, Steering, System Factory Stereo 3 years |fl POWERTRANS WARRANTY 3 YEARS FREE SERV,aNG Call: *****11 f Now Immediate Delivery. $165 000* y is COE
      59 words

  • Page 16 Advertisements
    • 795 16 Nothing Beats A Bud where to wine, dine OF A "Heavenly" Feast From 21 Aug to 20 Sept, order the $388++ set menu and receive one complimentary bottle of courvoisier FCN. The spread includes Shark's Fin with Crabmeat, Smoked Salmon, New Zealand venison with ginger and spring onion, and much
      795 words
    • 242 16 *fthe7)7 pofe the utorkf at lingerhps. International Buffet October 1-31,1992 Noon to 2Jopm 7 Adu,fc i y/ Child under l(fc $18++ Top of the M goes international hRj this month. Come savour Slftgapore cuisine from around the world. At Top of the M, we put the 'ETC world at your
      242 words
  • Page 16 Miscellaneous
    • 656 16 TELEVISION AND RADIO "W" W j *1 a 7.00 From the Newsroom follow- SJO Mighty Mouse and Friends »»<*»»*«!»«» I I rvf 01l f\■ C? W* ed by Talkabout (Game (Cartoon). L 7.25 PM Opening followed by la- 7.30 ttm(M) 6*30 BC J** 2 m VHF Sand l 1 pan
      656 words

  • LIFESTYLE
    • 1097 17  -  Today marks the centenary of the British Poet Laureate's death. Audrey Woods traces the ebb and flow of his reputation since then Audrey Woods AP WHEN Alfred Tennyson was a boy of 16, he wrote a poem on the death of his grandmother. His grandfather gave
      AP  -  1,097 words
    • 636 17 CHATTERBOX ONLY a few hours before his Istanbul concert, a voiceless Michael Jackson cancelled his appearance and flew to London on Sunday, organisers said. Jackson caught a cold during his previous concert in Bucharest, Romania, and his private doctor was called to
      636 words
    • 847 17  -  Producer Scott Rudin did a double take on news of Bobby Fischer's comeback. William Grimes reports on the movie maker's latest work William Grimes NYT IT WAS thrilling news for chess fans when they heard that Bobby Fischer would come out of retirement to play his
      NYT  -  847 words
  • Page 17 Advertisements
    • 285 17 AND ENTERTAIN The Orient Express J Capture the spirit of the Orient with culinary flavours from the Chinese kitchen Every Tuesday Buffet Lunch from 12 pm at 519.50++ Buffet Dinner from 6.30 pm at $21.00+ For reservations, please call ANA HOTEL 732-1222 extension 1700 SINGAPORE I «6H I W Swgapof
      285 words
    • 8 17 Fischer and Spassky draw yet again, Pg 18
      8 words

  • SPORTS
    • SIDE LINES
      • 116 18 SYDNEY Stefan Edberg (above) faces a potential quarterfinal with John McEnroe and a semi-final encounter with Andre Agassi as he attempts to hold onto his world number one tennis ranking here this week. Edberg, ahead of Jim Courier by just three computer points,
        116 words
      • 107 18 STUTTGART Barry Lane birdied five of the last six holes for a final-round 68 last Sunday, and in spite of a bogey on 18, posted a two-stroke victory in the US$l million (Ssl.6 million) German Masters. Lane found a bunker on 18, failed to get out
        107 words
      • 116 18 TORONTO Steve Jones of Wales took the field apart last Sunday, winning the Toronto Marathon in a course record of two hours, 10 minutes and six seconds. "He just destroyed us," said runner-up Don Janicki of the US, who trailed by more than three minutes in
        116 words
      • 106 18 HONGKONG The all-round success of the first ever World Sixes tournament played here over the weekend has given cricket an entire new ball game applauded by players and spectators alike. The tournament, featuring six-a-side teams battling out encounters of two five-over innings, now
        106 words
    • 159 18 AP, NYT EDINBURGH It wasn't supposed to happen. The US sent its most powerful women's golf team abroad to defend the Solheim Cup against Europe. US Open champion Patty Sheehan was on the team. So was Lottie Mochrie, who leads the LPGA tour's
      AP,; NYT  -  159 words
    • 376 18 AP CLEMMONS, North Carolina Jim Colbert was declared winner of the Vantage Championship when rain washed out the final round of the Senior PGA Tour event on Sunday. Tournament officials decided more than 7.5 cm of rain had made the Tanglewood course unplayable
      AP  -  376 words
    • 336 18 Reuter SEVILLE, Spain Diego Maradona and Carlos Bilardo, the men behind Argentina's 1986 World Cup triumph, have joined forces again in a remarkable coup bringing a powerful Argentine connection to ambitious Sevilla. The Spanish club, aching for success after winning nothing for more than
      Reuter  -  336 words
    • 441 18 AP NAZARETH, Pennsylvania Bobby Rahal gambled that he could run an extra 15 laps than expected on a tank of fuel and won on Sunday, beating Michael Andretti to the chequered flag by .788 of a second in the Bosch Spark Plug Grand Prix.
      AP  -  441 words
    • 57 18 PARIS Subotica (left), one of the leading French hopes, fighting off the challenge of English-trained Triple Classic-winning filly User Friendly (right) at the home stretch to win the US$l.5 million (552.4 million) Prix de IWrc de Triomphe on Sunday. Ridden by Thierry Jarnet,
      57 words
    • 759 18 NYT BELGRADE Bobby Fischer played to win a pawn, and Boris Spassky went for checkmate, but the wild course of their game came to a sudden halt last Sunday at Move 33 when Fischer produced a knight sacrifice to force a draw by perpetual
      NYT  -  759 words
  • Page 18 Advertisements
    • 181 18 ./We'll Takp /J A fIiVC Ryder Golf School now offers a /j revolutionary programme that J a tes away 5 strokes off your regular handicap and improves Off your game playing style. BEGINNERS Your INTERMEDIATE (1«4 handicap) ADVANCED (15 below handicap) Courses are available! HctridiCcip* Ryder Golf features modern video
      181 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3728 19  -  By Quak Hiang Whai UNCERTAINTY overseas continued to dampen the Singapore stock market yesterday, with investors staying on the sidelines and the benchmark Straits Times Industrials Index slipping five points. Dealers said there was little interest after last Friday's 53-point slide in Wall Street
      3,728 words
    • Article, Illustration
      76 19  -  By Quak Hiang Whai UNITED Overseas Bank Foreign is trading near its shortterm support at $6.50 and any drop towards that level could be an opportunity. The weekly RSI is treading along the level of 25, signalling the selling could have been overdone. A recovery could see the
      SOURCE: BRIDGE INFO  -  76 words
  • Page 19 Advertisements
    • 59 19 Singapore:THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. J f Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 A Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel. 03-*****20/932 y jf Yow
      59 words


  • 3385 21 Uniphocmx 159 +23 +16.9% MISC Foreign 464 +12 +2.7% Fsso 50* 396 +10 2 6% Sungei Way 249 +7 +2 9% Gcntings 50* 805 +5 0.6% Sime Darby 50« 278 +5 1.8% Amal Steel 50« 171 +4 +2.4% Dunlop Est 300 4 +1.4% Sg Way
    3,385 words
  • Page 21 Advertisements
    • 37 21 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 "It was plain sailing selling my cabin cruisec" i er jj^Kup" Viiii w, *x+*icjm 1 I •?u.2 ,u i Call today for results tomorrow. *****66
      37 words
    • 192 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 56 AND IN THE MATTER OF LIAN LEE HENG FARM PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act. Cap. 50 that the Final General Meeting of the above named company will be
      192 words
    • 260 21 COFFICIAL NOTICE We. PAN UNION SHIP PING PTE LTD of 70 Shenton Way #06-02 Manna House. Singapore 0207 hereby give notice that in consequence of our purchase of a ship, we have applied to the Registrar of Singapore Ships under Section 386 of the Merchant Shipping Act (Chapter 179) in
      260 words

  • BT SHARE INFORMATION SERVICE
    • 153 22 C«H»My Date Year Group Met Net earnings Grots ann to profit/toss (L) per share dividend ('000) (cents) Rash*) Hussain Sep 24 May 92 M$4l.098($42.037) 24 4(33) 5(5) MCB Sep 15 Mar 92 M$497(M$2.411) 3(3) 25(2.5) M Plantations Sep 15 Mar 92 M$3,U8lg(M$3,598) -(0 2) 1(1) Kamunting Sep 15
      153 words
    • 316 22 Company Data Yoar Group pro-tax Mot earnings Cross ann to proflt/loss (L) per sharo dividend (•000) (cents) Amalgamated S Sep 30 Jun 92 M$134,025 (M$ 143.495) 164(13) 12(10) Metal Cta.ners Sep 30 Jun 92 $l,699l($5.911l) 1(05) Lum Chang Sep 29 Jun 92 $8,152($7,856) 25(2) 2(2) Amtek Eng Sep
      316 words
    • 291 22 Sep 30 Guthrie GTS Ltd has acquired a shelf company in Malaysia through its wholly-owned subsidiary, Guthrie Construction Retrofitting (S) Pte Ltd. Sep 29 Directors of CMB Packaging Singapore Ltd are seeking shareholders' approval to turn the firm into an investment holding company and change its name to
      291 words
    • 1021 22 Current Ex Books Date Total for Total for payment dote dose payable t*e year last year Acma 5% (I) Sep 18 Sep 30 Oct 15 5% 122% UMPP 50c 3.5%(b) Sep 10 Sep 24 Oct 23 35% 35* Bedford 50c 1* Nov 2 Nov 16 Dec 7 1*
      1,021 words
    • 421 22 Company Rights Issue G<*ten Hop* One-tor so <& MSI 50 per share Ei-date Aug 27 Boohs dose Sep 10 Acceptance Payment Oct 22 IMS One-tor-one M$5 00 per share Ex-date Sep 7 Books dose Sep 21 Acceptance t Payment Nov 2 OC8C One-tor-five (a. $3 00 per local
      421 words
    • 104 22 Wini Ta Hokfc<s Ltd: EGM at the Summit Room (Valley Wing, lobby level), Shangri-La Hotel, Orange Grove Road, Singapore 1025, on Wednesday, October 7 at 9.30 am Sriwai HoldnfS Bhd: EGM at Ferringhi Beach Hotel, 12.5 km, Batu Ferringhi Road, Batu Ferringhi, Penang, on Thursday, October 8 at
      104 words
    • 394 22 Conversion Special Trdg Scriptesi Conversion deadline Peri od Trading Company starts (IDP) (ST) starts J X 1 Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Apollo Sep 14 Oct 8 Sep 28 Oct 8 Oct 9 BAT Sep 14 Oct 8 Sep 28 -Oct 8 Oct
      394 words
    • 361 22 In local cutt la S$ la USI dy yr dy S yr %dy jt Oct 2 1Mb chge chgc dp chge ctege dg World 374.4 -0.5 -8.3 -0.8 -9.1 -0.8 -7.5 tEAFE 437.3 -0.4 -12.9 -0.7 -12.5 -0.7 -11.0 Europe 393.9 -0.7 -4.2 -1.4 -5.6
      361 words
  • 593 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5273 23 Bernama KUALA LUMPUR share prices extended last week's losses yesterday but closed off the day's lows on bargainhunting among selected issues, brokers said. Prices had earlier weakened on lack of buying support and further liquidation, with poor leads from abroad affecting sentiment, they said.
      Bernama  -  5,273 words

  • 294 24 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 four subindices which monitor separately the A and B shares on the two bourses. All the
    294 words
  • JAKARTA STOCK EXCHANGE
    • 955 24 JAKARTA stock prices closed mostly lower yesterday in dull trading and brokers expected the market to remain quiet for the rest of the week. The Official Index edged up 0.92 point to 300.78. "We don't see anything to freshen up the market,"
      955 words
  • STOCK EXCHANGE OF THAILAND
    • 2135 24 Reuter BANGKOK share pjrices ended mixed yesterday as investors took profits from properly firms and banks which rose strongly last week and turned to buy building materials issues, brokers said. The SET Index ended down 3.11 points at 877.60 on active turnover of 14.66
      Reuter; Source: Bridge Info  -  2,135 words
  • Page 24 Advertisements
    • 74 24 SURE WHERE T® POT WUR MiNEY? Get the answer in Personal Investment Finance. Every Saturday in Business Times. Business Times GIVING YOU THE WINNING EDGE mamm— Malaysia: making tourism pay New life for furniture manufacturers Rich Singaporeans Product development grants for SMEs Strong Sings: concern and controversy Beating the software
      74 words

  • TOKYO STOCK EXCHANGE
    • 2565 25 Reuter TOKYO stocks, succumbing to Monday blues, ended down for the seventh day in a row, though off lows. The Nikkei briefly dipped below 17,000 but, helped by public fund buying, recovered some losses in thin trade, brokers said. Overseas weakness and the yen's
      Reuter  -  2,565 words
  • 1904 25 The Hongkong stock market was closed yesterday for a public holiday. Below are Friday's closing prices. Vol Oct 2 HK$ High Low (TOO) PE ASM Pacific 1.600 -0.060 1.640 1.600 476 8.2 Allied Ind Intl 0.620 unch 7.8 Allied Oversea 0.580 0.010 0.590 0.580 3839 4.6
    1,904 words
  • Page 25 Advertisements
    • 56 25 jyuuiiyiiii im luu iwy Aii 1111 111 HI I II 1 lII' I I 111 ■II I I Find out in I II I I ■I I H 111 I II I 1 I I Personal Investment and Finance. HH 111 I I 1 H 111 II I I I
      56 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2022 26 Reuter THE AUSTRALIAN share market closed at an 18month low yesterday, with blue chip stocks across the board bearing the brunt of weakening offshore markets. Brokers said market leaders BHP, CRA, ANZ and National Australia Bank led the falls, sending the All
      Reuter; Source: Bridge Info  -  2,022 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks fall sharply on political jitters
      • 51 26 INDICES TURNOVER OM Oct 5 PfwiOM NEW ZEALAND NZSE-40 Capital 1,412.00 1.423.43 -11.43 MANILA Composite Index Turnover (mil pesos) 1,442.65 306.40 1,428.54 ***** 13.87 •156.2 TAIPEI Weighted Price Index Turnover (NTS billion) 3,720.45 24.8 3,704.25 +16.20 22.08 +6.5 SEOUL Composite Stock Index Turnover (billion won) 502.22 94.58 513.12 99.98 -10.90
        51 words
      • 829 26 A SELL-OFF on fears of political instability put further pressure on Seoul share prices to threaten the psychological 500 level yesterday, and most brokers were unsure of the wobbly market's direction. The Composite Index shed 10.90 points to 502.22 with turnover at 94.58 billion won from 99.98 billion on
        829 words
      • 322 26 THE NEW ZEALAND share market closed lower but off its lows after a lacklustre session yesterday. The NZSE--40 Capital Index ended 11.43 points down at 1,412.00. Volume was light at NZ$l2.6 million. Forestry stocks Fletcher Challenge and Carter Holt Harvey dominated the day. FCL ended three cents down
        322 words
      • 576 26 MANILA SHARE prices closed stronger yesterday as aggressive buyers came in at mid-session to accumulate stocks ahead of a long-awaited fourth-quarter climb. The Manila Stock Exchange Composite Index rose 13.87 points to end at 1,442.65. "I see the momentum through midweek and a correction towards the close," said one
        576 words
      • 525 26 LATE PROFIT-TAKING trimmed earlier gains in Taiwan share prices yesterday, and brokers expect a correction after last week's sharp rises. The Weighted Index, which surged more than 70 points at one stage, ended 16.20 points up at 3,720.45 compared with Saturday's 3,704.25 close. Turnover was NTS24.B billion against NT522.08
        525 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1204 27 REPORTS THE US DOLLAR ended easier against the mark and the yen in Tokyo, but was off its lows after morning rebounds on short-covering were trimmed in the afternoon on continued expectations of a US credit easing, possibly after today's Federal
      1,204 words
    • 411 27 Cross rates octs USS SS MS Dm Yen SFr AS NZS USS 1.5890 2.4940 1.4020 119.70 0.5817 1.2290 1.3976 1.8382 SS 0.6293 1.5695 0.8823 75.3304 0.3661 0.7734 0.8796 1.1569 MS 0.4010 0.64 0.5621 47.9952 0.2333 0.4928 0.5604 0.7371 Dm 0.7133 1.1334 1.7789 85.38 0.4149 0.8766 0.9969 1.3112
      411 words
    • 544 27 Interbank rates S$ Bid Offer Overnight 1 1/16 1 3/16 1-month I 5/16 I 7/16 2-month 13/8 11/2 3-month 1 1/2 I 5/8 Overnight mode: 15/16 IS$ Bid Offer 7 days 3 1/16 3 3/16 1 month 3 1/16 3 3/16 2 months 3 3 1/8 3 months
      544 words
    • 356 27 IHT PARIS LED by a collapse in the ECU market and a marked slowdown in the high-yielding European sectors, overall new-issue activity in the international capital market dropped 15 per cent in the third quarter, data supplied by Salomon Brothers shows. In the
      IHT  -  356 words
    • 1474 27 SIMEX EUOOOOU-AO Open High Low Sett Est Vol Act/Vol Op/Int Dec 92 96.92 %!93 3650 ***** ***** Mar 93 96.91 96.91 96.88 96.89 2750 ***** ***** Jun 93 96.59 96.61 96.59 96.60 1100 4376 ***** Sep 93 96.24 96.24 96.22 96.24 240 1696 3603 Dec 93 95.69 95.69
      1,474 words
  • Page 27 Advertisements

  • COMMODITIES
    • 356 28 Reuter LONEX)N A fall in prices and an upbeat marketing drive might help cotton to hold its own against synthetics in the coming years, industry sources said. The energy for that drive comes from the United States, the world's second largest producer,
      Reuter  -  356 words
    • 264 28 Knight-Ridder TOKYO Japan's secondary aluminium community is likely to take a wait-and-see attitude for at least the first few trading sessions of the London Metal Exchange's new futures contract. The exchange will begin official trading today of secondary aluminium ingot, produced from
      Knight-Ridder  -  264 words
    • 756 28 REPORTS LACK of buying demand on the Kuala Lumpur Tin Market pressured the tin price to close easier by 25 sen at M$ 15.75 per kg yesterday. Dealers said the KLTM was taking its cue from the lower London Metal Exchange which
      756 words
    • 1476 28 Rubber HAS Co—wdtty Exdiawg (hitwts dostag as at lpw) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 000 OOO 143.75 250 2.450 Dec 142.25 141.50 141.75 1,275 4.200 Jan 93 139.00 138.25 138.75 1,200 5,175 Feb 138.75 138.50 138.50 275 5,500
      1,476 words
  • Page 28 Advertisements
    • 450 28 B_U_S_j_ NESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, cai tuß fiee 737-0043 The Straits Timee I THE COMPANIES ACT CHAPTER 50 SECTION 290(2)(B) Notice Ot Resolution PIONEER TECHNOLOGY SINGAPORE PTE LTD
      450 words
    • 15 28 ju Don't miss FAFTER I FIVE I II Every Friday E I New Paper S
      15 words

  • 959 29 City Right ETA Flight CTD City Flight ETA Flight tip Abu Dhabi GA887 1230 GA892 0100 MH642 1220 SQ106 1045 GA893 1400 GA886 2340 SQ108 1145 cnooo oft-jc nP&i ootfv* SQ107 1305 MH641 1315 n 2025 QF82 2205 SQ109 1405 MH610 1410 Aantartfaai KL837 1340 MH609
    959 words
  • THE TRAVEL PAGE
    • 635 29  -  POSTCARD FROM LECCE By Ian Thomson WATER is in short supply in Lecce, a province situated in the heel of the Italian boot. Rainfall is so light that Horace honoured the region with the epithet siticulosae thirsty. To combat the dryness you might sample a glass
      635 words
    • 151 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1312 1.1475 Canadian dollar I.2S70 I.282S NZ dollar 0.8548 0.8720 Sterling pound 2.7222 2.7610 US dollar 1.5850 1.5950 Local dollars to 100 anits of foreign currency Austrian schilling 15.75
      151 words
    • 73 29 Duration Title Venue Organiser Tel Nov 2-7 9th Hongkong Hongkong Headway Trading (852)827-5121 International Convention Fairs Ltd Fax: 827-7064 Furniture Fair Exhibition Centre Nov 7-15 International Barcelona. Foire De (34)3/*****51 Caravanin* Show Spain Barcelone Duration Title Venue Organiser Td Nov 10 Telecommunication Inn on the Tama Starlev.
      73 words
  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • 176 29 DOWN 11 A bar brawl (5,6) YESTERDAY'S SOI lITIAN 2 Many of you in France, 14 S«> w, s the overbarbecued titUAT 5 SULUIION absorbing the unfamiliar steaks get (5,5) li li 111 i h |i 101 l Bwl I liiliiliili 1 I air (7) 17 Embarrassed at being a
      176 words
    • 163 29 Singapore Outlook: Showers over many areas in the pre-dawn and early morning. Report Maximum temperature 30.0 Assoc humidity 75% Minimum temperature 23.8 Assoc humidity 97% Hours of sunshine 0.90 Rainfall in mm 10.4 Rainfall this month 55.6 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/10 Clear
      163 words
    • 23 29 J (vcsTeßowfe LCFT cvgrs TvAIS TtP. iS \f N )T v Y 1 CZPllfi s— l fO I. 8776 ASSOCIATED NEWSPAPERS LTD.. 1962-1992
      23 words

  • 509 30 Powers of European Commission may be restricted AFP LUXEMBOURG European Community foreign ministers were battling to patch up a facade of EC unity here yesterday amid turbulence around the Maastricht Treaty, currency uncertainty and strained Anglo-German relations. Diplomats said the ministers would be
    AFP  -  509 words
  • 317 30 Major hard-pressed to end financial turmoil and slide in popularity Reuter j LONDON The pound plunged again yesterday, heaping pressure on Prime Minister John Major to calm turmoil in the financial markets and in his Conservative Party during this week's annual party conference.
    Reuter  -  317 words
  • 273 30 Reuter SEOUL President Roh Tae Woo quit South Korea's ruling party yesterday to show neutrality in elections to pick his successor, expressing sadness about leaving the party he created and which put him into power. "I am personally sad to be leaving the
    Reuter  -  273 words
  • 321 30 H a vJVTVJV. NYT RALEIGH, North Carolina Governor Bill Clinton said on Sunday that he endorsed the North American Free Trade Agreement (Nafta), but also said that as president he would not sign it in its current form. The Democratic
    NYT  -  321 words
  • 376 30 UPI MANILA Senior executives of 27 US companies arrive here today to take another look at investment in the Philippines amid a perception of increased stability and economic reform under the new government of President Fidel Ramos. The delegation, which includes
    UPI  -  376 words
  • 762 30  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this comment to BT THE governor has taken a back seat since Chris Patten entered Government House in Hongkong. Chris Patten, former MP, has taken over and has
    762 words
  • 126 30 UPI NEW DELHI The Indian air force, which flies many Soviet-model aircraft, is facing a serious problem because of a disruption in supply of replacement parts from former Soviet states. Air Chief Marshal N C Suri yesterday said his force was using spares
    UPI  -  126 words
  • Page 30 Advertisements
    • 308 30 f Singapore's most popular NitsukoM Telephone System GIVE YOUR FIKE IHE EXECUTIVE iramniF Diminished \Mxry lines leading to fine lines Removed d Diminished tired baggy eyes J W iUW/ Dorset of furrowed stress lines Removed 't|M open pores and blackheads Removed the formation the start of vertical age sags look
      308 words
    • 7 30 Agreement on new tax Bill Pg 11
      7 words
    • 111 30 SINGAPORE (Oima Distributor of the most sought after M Key Telephone System Tel: 278 7088 J (M»« UNGAFOU »MI ASS •!«•*> H»/.i ?rf M«;«M» V.fr Tf) .'W. "m.(«r n rt M *MISHMX PWJ M II*HMW <MSM>t P«Un Sr*u>*w* r IH R*»H»- *H 1M1241 W.wVI If »«*r 1H *1100' (Km* A«(»«t
      111 words

  • Shipping Times
    • 439 31  -  By Ramesh Divyanathan SINGAPORE Local shippers called on the Singapore National Shippers' Council and the government to take a more active role in addressing issues affecting exporters here. The call was made at a recent conference held in Singapore on Asean freight. While
      439 words
    • 289 31 Reuter ANCHORAGE, Alaska A made-for-television film about the Exxon Valdez oil spill will be aired in the United States in December, angering Alaska environmentalists who say voters should see it before election day. The BBC-Home Box Office co-production
      Reuter  -  289 words
    • 901 31 Page Col ABC Containerline 12 I Accord Group 8 1-3 APL 5 3-5 Alpha Feeders 6 1 ANL 3 1/2 Asia Cont Lines 14 5 •ASCL 5 9 Avia Airways 9 3 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank
      901 words
    • 243 31 Bernama JAKARTA Indonesia has suggested compulsory piloting for ships passing through the Straits of Malacca as a means of preventing accidents in the busy waterway. Indonesia's 'director-gener-al of Maritime Transportation, Soentoro, said yesterday that his country would take up the proposal for discussion with
      Bernama  -  243 words
    • 523 31 Reuter ROTTERDAM Almost overpowered by the stench, the dock workers gingerly opened the container. Peering in, they saw the decomposing bodies of two young men, stowaways from Nigeria. Dreaming of a new life, they had hidden in a container loaded onto a ship in
      Reuter  -  523 words
    • 266 31 AP TOKYO Russia's famed Bolshoi Circus took a back seat to a fleet of used cars and missed the boat home. Crew members aboard a Russian ferry decided they were more interested in taking back nearly 190 Japanese used cars
      AP  -  266 words
    • LOG BOOK
      • 125 32 DETROIT The appointment of Gregory J Ruselowski as director of finance of GM Hughes Electronics Corp was announced on Friday by Robert J Schultz, vice chairman of General Motors Corp and chairman of GMHE. Ruselowski, 35, will be based in detroit and report to
        125 words
      • 104 32 OXNARD, California Abex Aerospace Co, citing the shrinking aerospace market, plans to close down its southern Califtxtiia hydraulic aircraft parts plant within nine to 15 months, idling 550 workers, a spokeswoman said. Abex, of Michigan, said in a news release that it may try to
        104 words
      • 73 32 MEXICO CITY Mexico's transport ministry said it had closed nine ports along the Gulf coast due to heavy rains and restricted five others to large ships laden with 100 or more tonnes of cargo. The ports of Nautla, Tecolutla and Tonala have been closed to
        73 words
      • 49 32 BUFFALO GROVE, Illinois TNT Freightways Corp's Contract Logistics unit said it named Chuck E Davis vice president and general manager for Canadian operations. Contract Logistics provides dedicated transport vehicles, warehousing and inventory management to businesses. TNT Freightways provides overnight and second-day delivery of less-than-truckload freight.
        49 words
      • 112 32 LONDON The National Iranian Oil Co has seven tankers totalling 1.82 million deadweight tonnes being used for floating oil storage in September, down 610,000 dwt from August, according to figures released by shipbrokers John I Jacobs. The company has seven tankers off Kharg Island. But
        112 words
      • 37 32 LONDON Vessels and cargo movements at Beirut have been paralysed for the second day running by a dispute by employees over a reorganisation of managerial positions at the port, according to Lloyd's Intelligence.
        37 words
    • 1261 32  -  Struggling USAir has gone one up against its formidable competitors by gathering strong lobby support for its deal with British Airways, reports Agis SalPukas Agis SalPukas NYT IN THE lobbying game in Washington, the spoils often go to the side that can make its
      NYT  -  1,261 words
    • 10185 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
      10,185 words
    • 3303 45 Containerline NV: Belsin Shpg ■Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SV Accord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). I burros Sea-Air Service: Frata Shpg Pte Ltd
      3,303 words
    • 259 45 Abacus Couriers Tel: 545-8011. Fax: *****98 Air K\pms Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16 *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      259 words
    • 1472 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74, *****50. .Air
      1,472 words
    • 3363 46 ALBANIA Durrev I hree vessels in port of which I discharging bulk wheat. I discharging glass. I arrived Sep 26 and will discharge fertiliser. ARGENTINA No report available. AUSTRALIA Queensland Abbot Point: One coal vessel due Sep 28: no delay llay Point: Coal: 2 vessel operating: 13 vessels
      3,363 words
    • 559 46 ARRIVALS DEPARTURES Op Flight I >pe ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SfcL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 I TYO
      559 words
    • 276 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Vrr Dyp Namt of V essel L'l A LTD Ports of Calls Port Agent Telephone No OCTOBER 01 01 Mikhail Shoiokhov 0900 2100 Cruise-to-Nowhcrc Jardine Shpg Agencies *****95 02 07 Nippon Maru 0900 1700 SEA Cniise Mitsui OSK Line 225-2311 06 07 Fantasy World 1000
      276 words
    • 855 46 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young VESSELS ON OFFER Bulk Carriers Anna: 26,704 dwt and built January 1976 Austin Pick: loading Borneo for discharge Jeddah where open midOctober Oilers invited. Sirinada: 26.641 dwt and built June 1974 Namura. eta Rotterdam (Xt 5 to discharge
      The information was contributed by Simpson Spence & Young  -  855 words
    • SHIPS IN PORT
      • 666 47 tof No Barth kiittt Dyartire VhmI fey fa |g» Arwd Pqwrttn Jnrwig P«rt Equator 3 72/92€ P03 0610/0730 07 10/0600 Eng Too 7 J1 alongsrie 06 10/0600 kimawa 21/92 P06 0610/0700 0610/1900 Putau Jawa U/92 12/3 alongside 06 10/2300 tsabeia 36/92 P04 06 10/0700 06.10/2300 Rachmanuel I
        666 words
      • 221 47 JohorePwt Berth: 1: Johan I; 2: Hong Hwa; 3: Vietrancimex, Pernas Proton; 4: Jin Ji Ling; 5: Peter Tomasewh; 6: Bunga Butang. 01 jetty: Jubilee Venture, Aditya Vaibhav, Santi, Sukun. DCJ: Golden Frontier. Dw on Oct 5: Anax Puma, Eastern Tera, Jambongan, Johan, Sahiwal Express, Ryokoh 1,
        221 words
      • 1577 47 Enj2 ,111 S* Voi No ConUrars nrahble a* Voy No Contatan vliable 00a Front* 05W *****2 1350 Penraular B 0402 COO(EST) 05 1092 1500 Elbe Star 904 *****2 1500 llm Master BS-103 COO(EST) 05 1092 1500 Sea Ink 243N *****2 1500 ACX Swan 338 COO (EST) *****2 2300
        1,577 words
    • 940 48 DRY CARGO brokers reported large volumes of grain shipments out of the US Gulf on Friday and the Baltic Freight Index (BFI) rose one point to 1,035, having hit five-year lows during the week. The BFl's Gulf/Japan grain and Gulf/European grain routes were slightly higher. Gulf/Taiwan heavy grain
      940 words
    • 761 48 Oct 5 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 place
      761 words
    • 405 50  -  Conference on Investing in Malaysian Transport By Rahita Elias KUALA LUMPUR Government support and quick action are essential in ensuring the success of any city's transport project funded by the private sector. In a joint presentation on Transit Systems in Asia Lessons for Kuala
      405 words
    • 433 50 Reuter MOSCOW Russian state airline Aeroflot will have to continue using many obsolete aircraft for up to 10 more years because it cannot afford to buy new airliners, a senior official said. Viktor Gorlov, deputy technical director at Russia's air transport ministry, said the
      Reuter  -  433 words
    • 528 50 Police fear up to 200 may have died AP AMSTERDAM An Israeli cargo jet crashed into an apartment complex and triggered a fire that raced through a crowded suburb. Police said they feared up to 200 people may have died. The El A
      AP  -  528 words
    • 387 50 AP AMSTERDAM Here are other crashes of the same type as Sunday's accident involving a Boeing 747 cargo plane which crashed into an Amsterdam suburb: The worst such accident occurred on Aug 16, 1987 in Detroit, Michigan, when a Northwest Airlines DC9 crashed onto a
      AP  -  387 words
    • 396 50 NYT WASHINGTON A ghost that has haunted the Eastern Airlines bankruptcy case was put to rest last week. Judge Burton R Lifland has approved an agreement between Eastern creditors and Continental Airlines, compensating Eastern creditors for being shortchanged in a scries of transactions when it was
      NYT  -  396 words
  • Page 31 Advertisements
    • 24 31 Un» and Mrvtos r«pr*s«nt*d by Mirtin th# Registry of Accredits (5 National Ship- UjgjW p«ng UMaiMfl. For advertising enquiries, contact Shipping Times I'H 740-2089/740-2090
      24 words
    • 75 31 a USAir pulls ahead in lobby battle, Page 2 Govt support necessary for transport projects funded by private sector, Back Page Equip yourself with knowledge practical tips by attending the following SFFA courses: [Pf Standard Trading Conditions [F] Sea Transport M International Freight Forwarding I m International Freight Forwarding II
      75 words

  • Page 32 Advertisements
    • 109 32 y j w, v. v j -p •>?* ■;.,ft.;' V,; X V.-5 A i Z' -v fip.i/i. i', I 1 j r :'<?.■ v >.. <'.-: i .<&&&&■ *sc:-■.. '^.:'4t> x 4 <•■ '•^*r.'»' ■,■»-:>'>• ••0.-:..- v:iv <j V 'k KlBllfeSllllij^^ IB I Wf* Vi./££* <'-? s V SOME OF
      109 words

  • Page 33 Advertisements
    • 2826 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES \ilVww bookings tel: *****34 *****58 giiiif TERMINAL/CFS TEL: *****18 220 P DOOOfIH PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. L J PORT KELANG TEL: *****18 FAX: *****91 *****88 r. r o PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh
      2,826 words
    • 1445 33 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT 4 I Ik v If B VSI/VOY SJh NYC ML I OKf I S*V~~l ■wn ii/ti 21/11 n/n »/ii w u I at HWI >1 VII 16/U 11/12 12/U wu SMIO ROSA M
      1,445 words
    • 1453 33 WEEKLY DIRECT CALL TO NAGOYA LUNA MAERSK V.9212 ETA SIN 12/10/92 ETA NAGOYA 22/10/92 Vessel Voy ETA ETD Feeder by SM u>k/Aftn DESTINATIONS TIM DMk Minn Maers* 1212 IHHMBBBmWHWWHWBIIIiPmHM i3/io 0800 mrs CFS 12/10 2359 MRS JO LPK PEN OAK LGB MOO MEM ATL MM CMS BAA. PML WYC MOM
      1,453 words

  • Page 34 Advertisements
    • 1353 34 R'DAM/ mmm VOY NO S PORE JEDDAH S HAMTON H'BURG ANT LE HARVE LA SEINE 26/140 8/10 17/10 31/10 27/10 26/10 KASUQA I 23/340 11/10 28/10 30/10 2/11 3/11 fI»T glJlllC 1 fPffflD DANUBE 04/141 15/10 31/10 3/11 1/11 TO 1H CONTMNT LUDWIGSHAFEN EXPRESS 04/341 17/10 27/10 4/11 7/11 9/11
      1,353 words
    • 478 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd.. Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea t Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Ve»»ei ETA SIM VILLE DE CASTOR 08/10 VILLE DE VEGA 16/10
      478 words
    • 1425 34 II bbwimm E,wmm REGULARINPEPENPEWT full container service VBL/VOY SIN ALQ BCL* HAM BRE# ROT ANT# FEL LHA '^iu 2313 ??/is 30/10 02/11 03/11 04/11 05/11 06/11 07/n 7 /H M/n 09/11 09/11 10/11 10/11 U/ *J 1?/J! !I<H 13/11 15/11 16/11 i«/" j*QRASIA_Al L 20/11 24/11 26/11 26/11 29/11 28/11
      1,425 words

  • Page 35 Advertisements
    • 1945 35 K STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 mnn IIC ACCtriS CARGO DUI SAtS SINGAPORE PMOUK FfNH h M 07 011 lIS PKINCLSS V 9207 07 Ott 12 Oct num «miw 1 m I*' 12 011 ASIAN PRIM WO2 13
      1,945 words
    • 2565 35 SINGAPORE AGENT: q 1 n At*C P&O Containers (Singapore Agencies) Pte Ltd X J 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT '.j; VISS£L WO* pPNG 'KO SM ALG SOU AKT HOT NAM
      2,565 words

  • Page 36 Advertisements
    • 682 36 I CR NBR **********0-D I EXPRESS SEMI CONTAINERSHIP SERVICES I TO EUROPE I HJL/WY STOK ROAM, AO AM ITOlfi BREMEN ANTWERP nnAI/2«NB 9-13/10 9/11 15/11 20/11 23/11 I MAI ARAM 33*6 25-21/11 30/12 2/1 5/1 10/1 I 1 FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAINERISED CARGO I Subt«ct to Indue amcnt.
      682 words
    • 1457 36 HANJIN SHIPPING FOR VSI SM LM HAUL LGB OAK FOR YSI SM ILM HAUL SAV XM NYC HANIN IE HAVRE 019E 11/10 DMCT 1/11 4/11 FBHGUARO BAY 2UN 5/10 M AHMICA 005E 12/1113/1115/11 HANIN OAKLAND 019E 18 10 H BARCELONA 001E 8/11 10/11 HANXN CHEJU OI7E 12,10 H. KOBE 039E
      1,457 words
    • 1272 36 d -Irl -1 ddT^fc Im IX NU UC W «l m Kl HI TO lU CMS BAL NVC LMV MM MM TW HK PSD CM fIL Sf I CONIITMO42 4/10 7/14 12/1114/11 14/1419/14 11/11 22/1* 23/10 24/10 24/14 t/U 11/11 2«/ll 21/11 1/12 2/12 J/12 4/12 5/12 IVI2 2S/12 2S/12
      1,272 words

  • Page 37 Advertisements
    • 1900 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) Z. 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 SERVICE NEPLINE SDN BHD MALAYSIA 2 NEPTUNELINK TEL: (03) *****23
      1,900 words
    • 1098 37 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 lOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) -1 i FULL CONTAINERSHIP SERVICES I wn»M<D-wcn««a»6 wcstboimi—kwmic imofgi nonaom I vot
      1,098 words

  • Page 38 Advertisements
    • 1685 38 K"W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244******0 M) W W TEL *****77 TELEX KAWAKIRS23I6S FAX: *****07/^9 M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD i Am ■mJL 1 MLrnd TELSA *****00 PK *****01/5 PENANG *****0 JB *****1 HHHB KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL
      1,685 words
    • 1055 38 PHILI-OMCNT UN€S PT€ LTD if &ib BY AIR, LAND OR SEA.... •S®U WE TAKE ON THE WORLD FOR YOU MEMBER OF SING APORE FREIGHT FORWARPERSAgOaAnON^^ WUttiMn T 8 OCT SYDNEY. MELBOURNE. BRISBANE. FREMANTLE UAPIPB rHRiSTrHHRCH 15 OCT AUCKLAND, WELLINGTON. LYTTLETON, NEW PLYMOUTH, CHRIS 29 OCT SUVA. NOUMEA. PAPEETA. APIA, LAUTOKIA.
      1,055 words

  • Page 39 Advertisements
    • 1228 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E il 4n [I J k F 4 IHHII k I V'lL 3! vCi 3• Jln :i: ["JAKARTA 1 BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL EQUATOR HAWK UN TVIO lA/« fl/m
      1,228 words
    • 1316 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) I HAM (3) GOT (4) E 2/10 2/K) 3/10 BENARTY 2392 6/JO 23/10 25/10 26/10 28/10 9/10 9/10 10/10 ALSIA 2402 13/10 30/10 1/11 2/11 4/11 Q 16/10 16/10 17/10
      1,316 words
    • 275 39 °BSA° TRANSPORTATION MYANMA ifflßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen PGdf MAMDALAY V3SW Std In rt PATHEK ****** 4/5 Oct t" HPAAN *1 tm 14/18 Oct PAGAN VII7W 04/10 Oct NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 16 Nov
      275 words



  • Page 42 Advertisements
    • 2468 42 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: j General Agents: Booking Agents: Cum Gum Shipping Sdn Bhd Chung CMm Skipping Sin Bhd F.T. Ghhal Putra ludMetu Maritime Costar Shipping Pte Ltd Stmmg FrtifM tookmg Ootre S* BM 58 Persiaran Ra/a Muda Musa Lot 3.34. 3rd Floor, ji iR H
      2,468 words
    • 281 42 smmbu mmmesia (S) pn ltd 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Singapore 0100 T«*«c R*****0 Tel: *****01-3 Fu: 225 4039. 227*138 FOR BOOKINGS CALL MRECT UNE TEL: 2222M1/*****43 HN/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 942 IN PT 10/10 (SAT) OERAJAT 1002 07/10 (WED) 10/10 (SAT) LAWANTI 980 09/10
      281 words

  • Page 43 Advertisements
    • 630 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 8/10 ROTTERDAM 8/10 HAIFA/ASHDOO/ALEXANDRIA 8/10 HAMBURG/BREMEN 8/10 MARSEILLE/FRANCE 8/10 FELIXSTOWE/UK 8/10 BARCELONA/SPAiN 8/10 LEHAVRE/ANTWERP 8/10 GENOA/ITALY 8/10 GOTHENBURG/SCANDINAVIA 8/10 LOS ANGELES/WC/IPI TI/10 SYDNEY/MELBOURNE 10/10 NEW YORK/EC tl/10 FREMANTLE/ADELAIDE 15/10 VANCOUVER 11/10 BRISBANE
      630 words
    • 717 43 rS RICHFIELD MARINE AGENCIES (S) PTE LTD l aw TEL: *****33 (12 Lines) l=l FAX: *****15/*****03 {rrj TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VfSSCL Ivor ETA LOADING FOR SPORE ANOtNET 20WB 18/10 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY WOHZ
      717 words
    • 506 43 JAKARTA BANGKOK \mm [will W \m MAMA BHUM 161S 07/10 10/10 PIYA BHUM## 2S3M Tu« MPT W 09/1R «WA BHUO4 47S 10/10 13/10 MAHA BHUM# 127* Ned 07/10 Swi 11/10 NANA BHW 162S 14/10 17/10 IMtU BHUM 45* frt 09/10 Man WW \lLi? "Z' o NANTA BHUM HON Ut Ned
      506 words
    • 330 43 raisinsVSL VOY BMOAPORE MADRAS WQAPOW KSSfI VOT MM SN Ttt* SIM KM Ot-M/lt 14-IS/II 21-22/ II nan ens 22s* 1213/11 i»-2i/ii 27-2VU im MBHMf 37* IS-11/11 22-21/11 2» 30/10 nta smu 2201 19-21/11 25-27/11 02-um VSL VOY BMQAPOnE/CALCUTTA/BMQAPOMC r KSSfI DOT SM CM. SM ran nvu isrcw 11-12/11 i*-22/ii 21-29/1
      330 words

  • Page 44 Advertisements
    • 1525 44 groupage I I\~/\ 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 7/10 8/10 9/10 Honf Kong Ldn/Fh/Rdm/Ant 8/10 9/10 10/10 11/10 12/10 13/10 Honj Kon( G'burg/C'hagen/S'hotm/Osk) 11/10
      1,525 words
    • 307 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM MULBERA 29S 15/10 27/10 29/10 15/11 AUST STAJt 0530 26/10 7/11 9/11 26/11 PROSPECT 21S 6/11 18/11 20/11 6/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON. ACCEPTING FCL Si LCL FOR NEW PLYMOUTH. NAPIER,
      307 words
    • 1185 44 THONG SOON LINES PTE. LTD. Mi 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL JvOY [S POKE IPEST VESSEL VOT SPORE P. AEUUIC EQUATOR 111 72/92E
      1,185 words


  • Page 46 Advertisements
    • 136 46 UP. LIVING IT EACH WEEKEND, put up your cxecutivc feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots
      136 words

  • Page 47 Advertisements
    • 111 47 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, 'yr profiles of leading managers in Singapore and 1 j relevant book reviews. (y rv/k l) ENTERPRISE MANAGEMENT, in Business Times every Monday, is must J-i —-j reading for managers who want
      111 words

  • Page 48 Advertisements
    • 304 48 1 WSjk LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION
      304 words
    • 317 48 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/10 Rotterdam/Antwarp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOAOINO FOR: A VESSEL 15/10 20/10 Huangpu/Guangzhou COSCO FULL CONTAINER SCR VICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      317 words
    • 210 48 BCTJH CONTAINER LINE f [■■■■IfiflJ 2 FELIXSTOWE WEEKLY <_ CONSOLIDATION V. s Inland Destinations: LONDON -LIVERPOOL LIVERPOOL! MANCHESTER SOUTHAMPTON DUBLIN v t BIRMINGHAM -ABERDEEN bDUBLIN M MANCHESTER BIRMINGHAM* FEUXSIbWE Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD SOUTHAMPTON -JJSSy 133 New Bridge Road #09-06 Chinatown Point S'poreolos SINGAPORE/INDONESIA/SINGAPORE REGULAR
      210 words
    • 41 48 ©ORIENT FREIGHT SERVICES PTE LTD TEL: *****92, FAX: *****85 C/R NO. **********0 D WEEKLY FCL/LCL TO THE FOLLOWING PORTS: BOMBAY KEELUNG JAKARTA KARACHI KAOHSIUNG BUSAN MADRAS HONGKONG TOKYO CALCULTTA BANGKOK YOKOHAMA COLOMBO PENANG MELBOURNE CHITTAGONG PT KELANG FREMANTLE DUBAI MANILA SYDNEY
      41 words
  • Page 48 Miscellaneous
    • 447 48 TODAY'S TIDES (Iwiflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2110 2200 2300 JR 12 10 1.0 10 11 13 IS 1 7 18 18 18 17 16 16 16 16 1 7
      447 words

  • Page 49 Advertisements
    • 1124 49 I A HYUNDAI I MERCHANT MARINESJM. lIP. WESTBOUND TO EUROPE VESSELS PHA+ PKE PCP I SW I MM WT' LBT HUM «t| Ffl SI. FREEDOM 301W 09/10 09/10 09/10 11/10 30/10 30/10 31/10 31/10 31/10 03/11 SI. MARINER 301W 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H
      1,124 words
    • 431 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nsm m v n mc u CtSBC PMWI 75 »l U( nmfiww 11 rr COBSOtMJ »T 2 fl FT S/10 SMI RACOYI U 1 11 11/11 TIMS Mil 44 12/11 14/11 MM 11/11 TAARRC PUM II IS II 11/ll
      431 words
    • 1095 49 OUR USA sir tiTii r r r r i- r service calls 1 »■"> y iumwm ihu null 17-m/ii »/n a,'ll w» 24/14 it/ii »/n a/u mm SINGAPORE 1 MUB»nM acrotT iwa m-h/h 41/11 n/n «/n w/11 w/11 44/n 44/11 44/11 DIRECT EVERY —»mmi »ci 24/14 MuawMca—n i\wi 2122/14 44/n
      1,095 words

  • Page 50 Advertisements
    • 87 50 Every Saturday in Business Times Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      87 words
    • 8 50 y i i i tI W I j^||||jjjj
      8 words