The Business Times, 22 October 1992

Microfilm: NL18504
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Thursday, October 22, 1992 75*
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  • NEWS SUMMARY
    • Article
      Israel set to make Syria explicit offer to yield territory
      55 1 JERUSALEM Israeli negotiators were expected to make their Syrian counterparts an explicit offer yesterday to yield captured Syrian territory, Israel radio reaportcd. It said a new Israeli document would be handed to the Syrians at the resumption of negotiations in
      55 words
    • Article
      KL paper to replace three senior editors
      55 1 KUALA LUMPUR Malaysia's main Malay-language newspaper said yesterday it would replace its three senior editors, apparently to end a row with the ruling Umno party. The changes, effective from Nov I, involve the group cdi-tor-in-chicf, deputy cditor-in-chicf and features editor, L'tusan Melayu group
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    • Article
      The right savings rate
      37 1 THE World Bank's chief economist yesterday defended Singapore's high savings rate but said the current rate of accumulation of reserves would not be desirable if maintained over too long a period Page 2
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    • Article
      Afta the cancellation...
      29 1 THE sudden cancellation of yesterday's meeting of the Asean Free Trade Area council has fuelled speculation about the future of the planned trade initiative Page 3
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    • Article
      Free trade commitment
      36 1 THAILAND'S new government is committed to liberal trade based on a free market system and will further loosen control on money and capital markets, Prime Minister Chuan Leekpai told Parliament yesterday Page 9
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    • Article
      Japan won't apologise
      40 1 JAPAN does not owe China an apology for its 1937 invasion and brutal wartime occupation, and the emperor will not offer one during his upcoming visit to the middle kingdom, a Foreign Ministry spokesman said Page 10
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    • Article
      Financing in limbo
      43 1 FINANCING for Russian imports has been held up by the World Bank, putting on hold the disbursement of the first loan of US$6OO million and fanning doubts in the international community about the security of Russian loan pledges Page 11
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    • Article
      Brani terminal opens
      31 1 PULAU Brani's container terminal, one of the world's largest, officially opens today, reinforcing the Port of Singapore Authority's determination to maintain its competitive edge. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow lower
      28 1 WALL STREET stock prices were mixed in early trading yesterday. The Dow Jones average of 30 industrials rose fell 4.86 points one hour into the session.
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    • Article
      Footsie higher
      24 1 LONDON share prices were higher at midday yesterday. The FT-SE 100-share index was up 39.1 points, or 1.5 per cent, at 2,656.1.
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    • Article
      Board members at odds
      38 1 INNOVEST Bhd's founding directors, Datuk Mokhzani Abdul Rahim and Tan Sri Lim Geok Chan, have in recent weeks been at odds with four new board members representing the MBf group of companies Page 4
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    • Article
      Heshe's expansion plans
      32 1 HESHE Holdings Ltd, which went public earlier this year, has unveiled aggressive expansion plans that could lead to the listing of some of its new companies abroad Page 4
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    • Article
      Boosting FCC earnings
      27 1 FIRST Capital Corporation Ltd's property business continued to make a commendable contribution to the group's buoyant growth in its last financial year Page 4
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    • Article
      US banks' profits rise
      39 1 THIRD-quarter earnings of most large banks in the US were at or near record levels. The exceptions were Citicorp and Wells Fargo Co where problems with bad real estate loans kept profits low. Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 631.76 -0.92 Kuala Lumpur ....615.85 +0.89 Tokyo 17,141.52 +153.86 Hongkong 6,200.85 +112.34 Sydney 1,443.9 +17.0 Tuesday Change New York 3,186.02 -2.43 London 2,617.0 +54.8
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    • Article
      CURRENCIES
      25 1 Exchange rates US$ S$ 1.6175 100 Yen S$ 1.3226 MS S$ 0.6439 Money market rates Overnight 5 3/4 +4 1/4 3-month 1 15/16% +3/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix USS343.50 +USS0.95 B..LL. nUDOvT S'pore Nov 143.50*/kg unch M'sia Nov 223.50*/kg unch KL Tin Turnover SI tonnes +1 Spot M$14.28/kg -0.13 Crado palm oil Turnover l,780tots +1,388 Nov MS890/tonne +12
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  • Article
    Margins of S'pore firms up 1.4 points to 8.8pc
    679 1  -  Hotels, property pull up average score; other sectors crunched By Alvin Tay SINGAPORE The average profit margin of Singapore's publicly-listed companies went up by 1.4 points to 8.8 per cent in the first six months of this year, but only because
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  • Article
    More S'poreans can now afford good medical care: BG Lee
    515 1  -  By Anna Teo SINGAPORE Hospital admission trends over the past decade confirm that people have better access to, and can well afford, good medical care, says Deputy Prime Minister Lee Hsien Loong. The pattern of ward usage had, over the
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  • Article
    Lock icon Foreign banks moving back to HK to tap China boom
    427 1 S'pore complements colony, says commissioner Reuter SINGAPORE Foreign banks are moving back to Hongkong due to burgeoning business opportunities in China, helping to strengthen its status as a financial centre, says Hongkong's Banking Commissioner, David Carse. "China is helping Hongkong
    Reuter  -  427 words
  • Article
    Managers will suffer bigger drop in pay increments next year: survey
    408 1  -  By Anna Teo SINGAPORE The drop in basic salary increment next year will be a bit sharper for managers than for nonexecutives, according to a survey of 93 companies. Corporate Resources Group (CRG), a Genevabased international human resource consulting
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  • Article
    Lock icon Dutch, Belgians cut interest rates following German easing
    185 1 Reuter BRUSSELS Belgium and the Netherlands cut official interest rates yesterday in a move which followed a lowering of German money market rates. Earlier, Germany's central bank, the Bundesbank, signalled a fall in domestic money market rates by announcing it had injected
    Reuter  -  185 words
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      260 1 Cassette Recwvef C Seoes FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone 235 1333 Kvala Lumper Phone. 757 0233 Pttone 615 985/619 014 Jakarta: Phone 374 085/380 1472 Ad Marketng 14 Interbank Fore* Rates 29 Sports 15 Avcraft Schedule 31 Jkt/Bkk/Chma Stocks 25 TV Rad» 18 Commodities 30 KLSE
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      21 1 Editorial: Middle-class wannabes, Pg 12 Govt unfairly blamed for rising costs, Pg 2 UK's monetary reforms near completion: official, Pg 9
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      60 1 Hock Lock Stew Why are investors passing by motor stocks? Pg 4 Major showdown UK premier's moment of truth, Back Pg Mark on downtrend against yen, US dollar, Pg 29 r mßifum V ,2.,« v..--.-' .v.„ SEIKO lUT S(IKO OU4PTZ WATCHCI *0W Vj AND WW kj ATTIUCTIVC CASK MillS Wk
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Rich nations need more active growth policy: economist
      332 2  -  Reports by S N Vasuki SINGAPORE Ruling out an early recovery in the global economy, the chief economist of the World Bank yesterday urged industrialised nations to stimulate growth through activist economic policies. Stating that it was "hard to be optimistic" about
      Picture by Arthur Lee  -  332 words
    • Article
      High savings rate appropriate for Singapore now
      195 2 SINGAPORE The World Bank's chief economist yesterday defended Singapore's high savings rate but said the current rate of accumulation of reserves would not be desirable if maintained over too long a period. Asserting that "it was better for people to worry about too
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    • Article
      Govt unfairly blamed for rising costs: BG Lee
      405 2  -  Misconceptions pointed out to PAP activists By Anna Teo SINGAPORE Those who don't know how to do business pass the cost on to customers, and blame the government. It is just one of the many misconceptions in the perennial cries about rising
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    • Article
      CAAS reports $259.5m surplus
      292 2  -  By Rahita Elias SINGAPORE The Civil Aviation Authority of Singapore has reported a $259.5 million surplus for the year to Mar 31, buoyed by strong growth in air traffic. The surplus a 6 per cent improvement on last year was achieved on the back of an
      292 words
    • Article
      Malacca woos S'pore investors
      193 2 SINGAPORE Malaysia's third smallest state, Malacca, will set up an economic cooperation committee with Singapore to facilitate the flow of investments from the Republic. And as an incentive, the Malacca state government will offer Singapore investors 21.4 hectares of land "right in the heart of Malacca
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    • Article
      Compromise needed for Gatt's success: Belgian minister
      357 2  -  By Shoeb Kagda SINGAPORE The Uruguay Round of trade talks could only succeed if Europe and the US compromised, a senior European politician said yesterday. Belgian Finance Minister Philippe Maystadt. answering questions after a bankers' luncheon, said the success of the Uruguay Round
      357 words
    • Article, Illustration
      Call to develop products with global appeal, Asian flavour
      185 2 SINGAPORE President Wee Kim Wee opened the third International Design Forum yesterday with a message to local companies to strive and develop products that are internationally appealing but yet retain a Singaporean or Asian flavour. The President expressed confidence that Singapore's
      185 words
    • Article
      Crosby Securities teams up with Asia Credit in Thailand
      239 2 SINGAPORE Crosby Securities has teamed up with Asia Credit, one of Thailand's top securities and finance houses. Asia Credit's main shareholders include Bangkok Bank and Societe Generale. which recently took a 37-per-cent stake in Crosby. In a statement yesterday, Crosby said
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    • Article
      Question mark over future of Afta
      471 3  -  Run-up to Asean Ministerial Meeting From Al Labita in MANILA THE SUDDEN postponement of yesterday's meeting of the Asean Free Trade Area council has fuelled speculation about the future of the planned trade initiative. Thailand forced the postponement of the meeting, saying it had
      471 words
    • Article
      Lock icon China eases rules for private firms
      199 3 UPI BEIJING The authorities have given private firms the go-ahead to open branches and export directly abroad for the first time, an official newspaper said yesterday. The English language China Daily said new regulations issued in South China's booming Guangdong province would allow private
      UPI  -  199 words
    • Article, Illustration
      S'pore welcomes Hanoi to take part in Asean projects: Kan Seng
      434 3  -  Wong Kan Seng's visit to Vietnam Reports by Harish Mehta in HANOI SINGAPORE welcomes the participation of Vietnam in Asean's functional projects even though the Asia-Pacific Economic Cooperation grouping is not thinking of expanding its membership at present to
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    • Article
      S'pore calls for a one-stop investment centre
      238 3 HANOI Vietnam was urged to set up a one-stop centre to quickly clear applications of foreign businessmen and prevent delays from affecting investment plans. Singapore's Minister for Foreign Affairs, Wong Kan Seng, said he made this suggestion to Vietnamese leaders President Le Due
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    • Article
      Lock icon Taipei posts slowest economic growth in nearly two years
      278 3 Reuter TAIPEI Taiwan's eco- nomic growth slowed to its lowest level in nearly two years during the third quarter of this year as the weakness of the global economy hit the island's export boom, the government said yesterday. Gross national product
      Reuter  -  278 words
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      Page 2 Advertisements Column 1
      130 2 Cairo 5 times weekly. v fMjzMSm Fly with Emirates to Cairo five times selected for Emirates |^ri(MMfifefc*Jß| a week. passengers. Emirates is the world's fastest growing airline. All this, when combined j^™Mgj| All our brand new Airbus aircraft are superbly with our award winning designed, with fewer seats than the
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      462 3 Bottom Line: Thailand turning its back on Afta? Back Page ■■(■■■■■■■■■■■■pM in times of rising costs, manpower shortage and economic slowdown, there may be only one thing that distinguishes successful from average businesses: CREATIVITY. The Initiatives '92 Conference focuses on the need to enhance creative thinking in seeking and managing
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      Page 3 Advertisements Column 2
      157 3 Vietnam economy's Mr Kixit, Pg 13 A diplomat and his desire to end all disputes, Pg 13 Authorised Dealers: All Watches: Wisma Atria Asia Watch: Parkway Parade Chew Cheong Watch: Shaw Centre, Wisma Atria Grand Classic: New Bridge Road International Watch: People's Park Complex Leong Poh Kee: Beach Road Nanking
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        SES queries SPP on legal settlement
        35 4 SINGAPORE The Stock Exchange of Singapore has asked SPP Ltd, a subsidiary of Tuan Sing Holdings, to fully explain an announcement about a recent legal settlement with several parties.
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      • Article
        Additional OCBC Bank shares
        29 4 SINGAPORE OCBC Bank has said an additional 51,510 stock units of 1 each issued under its executive share option scheme will be listed on Tuesday.
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      • Article
        Landscaping deal details sought
        50 4 SINGAPORE The Stock Exchange of Singapore has asked DBS Land for more details on a landscaping project in Vietnam. This follows a BT report on Wednesday which said DBS Land and the Housing and Development Board would sign a contract next week to undertake the project.
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      • Article
        Shareholders approve land sale
        35 4 SINGAPORE Shareholders of Sri Hartamas Corporation Bhd have approved the sale of a plot of land in Kuala Lumpur to Central Magnitude (M) Sdn Bhd for Msl4 million (Ss9 million) cash.
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    • Article
      Sungei Way planning tie-up with cement firm
      331 4  -  By Helen Chang SINGAPORE Listed quarry and ready-mix concrete manufacturer Sungei Way Holdings Bhd (SWHB) is planning a strategic alliance with a cement company, as a means of side-stepping a possible cement shortage in the industry. The alliance would ensure a steady supply
      331 words
    • Article, Illustration
      United Engineers signs hospital venture in Malacca
      211 4 SINGAPORE United Engineers Ltd, through its whol-ly-owned subsidiary Medical Hall Ltd, has entered into a joint-venture agreement to develop and manage a 200bed private hospital in Malacca. At the signing of a memorandum of understanding with the Malacca Government yesterday, MHL director Kee
      211 words
    • Article
      Conflict seen emerging in Innovest boardroom
      623 4  -  From Leslie Lopez in KUALA LUMPUR AS the principal shareholders of debt-ridden Innovest Bhd wrestle with a hostile group of creditors to stay in business, a battle of a different sort is brewing within the food-based group. Company sources and bankers said that Innovest's
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    • Article
      Heshe planning aggressive expansion abroad
      343 4  -  By Sylvia Wong SINGAPORE Seven months after going public, Heshe Holdings Ltd has unveiled aggressive expansion plans that could lead to the listing of some of its new companies abroad. Chia Shi Teck, managing director of the home-grown garment manufacturer and retailer, said yesterday that
      343 words
    • Article
      FCC's property business powers group's growth
      423 4 SINGAPORE First Capital Corporation Ltd's property business continued to be the powerhorse behind the group's buoyant growth in its last financial year. Although the diversified group said it also considered its garment and financial services businesses as core sectors, its latest annual report showed
      423 words
    • Article
      Why are investors passing by motor stocks?
      658 4  -  THE HOCK LOCK SIEW COLUMN COE factor leaves little impact on stock market By Dexter Lee SINGAPORE Singaporeans seem more preoccupied with buying a new car than grabbing a good motor stock. Look what's happened since the government announced that more Certificates of
      658 words
    • Article, Illustration
      Bakrie group going into China in a big way
      435 5  -  Beijing keen to cement political and economic ties with Jakarta From Maggie Ford in JAKARTA BEIJING has rolled out the red carpet for the Bakrie group, an Indonesian pribumi conglomerate, in a bid to set up an investment and trading partnership
      435 words
    • Article
      Hitachi to invest 300m yen in new Malaysian plant
      285 5  -  Move to boost output of electronic parts From Koichi Ishiyama in TOKYO HITACHI LTD, Japan's biggest maker of electrical machinery, will invest 300 million yen (Ss4 million) in a new plant in Malaysia to boost its output of electronic parts. It
      285 words
    • Article
      Lock icon Chaebols continue to expand businesses despite govt pressure
      207 5 AFP SEOUL South Korea's powerful conglomerates have continued expanding into new lines of business, despite government efforts to curb their concentration of economic power, a report said yesterday. The report, submitted by the Bank of Korea (BOK) to the National Assembly, showed
      AFP  -  207 words
    • Article
      Lock icon Company issues China's first convertible bond
      298 5 Reuter HONGKONG A property company in booming south China has announced the nation's first convertible bond issue as enterprises unshackled by economic reforms experiment with increasingly complex capitalist tools to raise money. Thq issue also means that some would-be investors who invaded the city
      Reuter  -  298 words
    • Article
      Arab Finance banking on three-pronged growth plan
      286 5  -  By William Chia SINGAPORE ArabMalaysian Finance Bhd, the recently listed finance arm of Malaysian conglomerate AMMB Holdings, has mapped out a three-pronged strategy to achieve an annual growth rate of 25 per cent over the next two years, more than twice the industry's
      286 words
    • COMPANY BRIEFS
      • Article
        Japanese firms in US$4b China oil project
        95 5 TOKYO Six Japanese trading firms have agreed to cooperate with China to set up an oil refinery and petrochemical complex in Liaoning province, a spokesman for one of the Japanese partners said yesterday. The US$4 billion (556.4 billion) project will be the largest
        95 words
      • Article
        NZ minister defends tax move
        79 5 WELLINGTON A controversial tax on New Zealand companies operating abroad could sharply increase fiscal revenue. Finance Minister Ruth Richardson said yesterday. The measure, announced initially in her budget earlier this year, will see companies pay tax both in the countries where they operate overseas, and
        79 words
      • Article
        NEC, AT&T to develop new chip
        66 5 TOKYO Japan's NEC Corp and American Telephone and Telegragh Corp plan to develop a next-generation computer chip with 64 times the storage capacity of current mainstream, chips, a NEC spokesman said yesterday. The spokesman said the company, the world's biggest producer of semiconductors, expected
        66 words
      • Article
        Firm to sell Aussie innovations
        58 5 SYDNEY The Australian government is to launch a company today to market Australian innovations, which have often been world-leading but have usually been made commercially viable overseas. The new company will run commercially, seek local technology with the best commercial potential and form partnerships with
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      • Article
        Lippo interim profit jumps
        70 5 HONGKONG Lippo has posted a big leap in interim net profit to HK565.3 million (S$ 13.7 million), thanks to the purchase of assets. The company's consolidated profit after tax for the same January-June period last year was only HKJ7.2 million. Earnings per share were 15.26 HK
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      • Article
        Costain sale halves debt
        102 5 LONDON Costain Group pic's As2oo million (***** million) sale of its Australian coal mining operation to Hanson pic has more than halved net debt to £168 million (Ss43B million), a spokesman for the property and construction group said on Monday. That gives a long-awaited boost to
        102 words
    • Article
      Lock icon Compaq reports strong profits, record sales
      464 7 Reuter NEW YORK Compaq Computer Corp has posted strong profits and record sales for the third quarter, but the company's chief executive warns that the industry's all-out price war is likely to continue. The Houston-based manufacturer said on Tuesday that it earned US$49 million
      Reuter  -  464 words
    • Article
      Lock icon IBM Japan joins computer price war
      331 7 AFP TOKYO IBM Japan Ltd is to launch a series of cheaa personal computers in Japan next week, joining other US computer makers in a price war challenging the market dominance of local giant NEC Corp. The Japanese unit of IBM said on Tuesday
      AFP  -  331 words
    • COMPANY BRIEFS
      • Article
        Court approves Orion revamp
        86 7 LOS ANGELES Orion Pictures Corp said on Tuesday that Federal Bankruptcy Court Judge Burton Lifland has entered an order confirming its plan of reorganisation. Orion expects to emerge from bankruptcy by the end of the month. The plan was approved by a strong majority of the
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      • Article
        Bosch hits out at racist violence
        78 7 STUTTGART, Germany German electronics group Robert Bosch GmbH said on Tuesday mounting violence against foreigners was harming Germany's international image and also damaging its companies. With 177,000 employees in more than 120 countries, Bosch said it felt obliged to call for tolerance and recognition
        78 words
      • Article
        SmithKline profit up 9pc
        63 7 LONDON Anglo-American pharmaceutical company SmithKline Beecham pic posted a pre-tax profit rise of 9 per cent to £272 million (Ss7lo million) in the third quarter due largely to continued strong growth of its drug sales. The overall results were largely in line with analyst expectations. Most
        63 words
      • Article
        GM chairman under pressure to quit: paper
        105 7 WASHINGTON The outsiders who control the General Motors Corp board of directors want chairman Robert Stempel to step down within the next month, but are still debating who should succeed him, the Washington Post reported yesterday. Quoting board and management sources, the paper
        105 words
    • Article
      Lock icon US drug companies post improved earnings
      339 7 NYT NEW YORK Several pharmaceutical and healthcare companies reported improved earnings on Tuesday, partly as a result of a strong demand for new products and a weak dollar that bolstered overseas revenues. In general, the companies' results were in line with analysts' expectations or
      NYT  -  339 words
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      287 4 IN THE MARKET PAGES Hang Seng hits record high 26 Bangkok bank shares gain 25 r ii¥r"nWimHlM -Tr (j®®®®* HMBC? Ki yiflKi TkeN ew Truffles Restaurant. At) solutely Frencn. And Furely /Magical. I The new Truffle* at The Dynasty. Singapore's from like steaks, chicken and seafood. What's more, you can
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      96 5 INVESTMENT Sydney, Australia I OUTSTANDING RESIDENTIAL Jfß| OPPORTUNITY Li The ONLY residential development site IS in central Sydney ready for 4. Sin IMMEDIATE development into the: 81 SI APApOIENTS P 40 level residential tower to contain ~P —31 G" 1 296 apartments superb views TiffcCW i~[ a jj 3 Development
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      142 5 EATING QUALITY TIME FOR OVER 160 YEARS. 5/ miH ma!treshorlogersdepuisiB3o ;ffiSBE%3 BEY^RFECTI Jgo A \>\ _> .•J.v.rV f I), w ,q~ Singapore Pte Ltd. Boutique and Service Centre: *0101 Mandarin Shopping «<. f I 1 Ml 1-1 Arcade The Mandarin Singapore 333 Orchard Road Singapore 0923 Tel *****31 J i
      142 words
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      240 6 J v.-"' *< £V* V t' vv«wy Jm^ ACfi y r f-^^^» j^si&^'u" ■Jr v it f '■'-4/ t jjr Ji B Cf JV t-v *-vv-r j -v.-^;.-' i. k ■'5 **1* v o THE SKY'S NO LIMiflH I*"'1 M AST: Redefining the *jp Frontiers of Computing ■R .Mt K
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      366 7 Following Service of Bankruptcy Notice against defaulting Debtor and Court Decision Landgericht Frankfurt am Main No. 2/60 0344 MAJOR INTERNATIONAL LIQUIDATION AUCTION MULTI-MILLION DOLLAR COLLATERAL STORED AND ACCUMULATED FROM 1972 BY AND FOR A MAJOR SWISS BANK AGAINST HUGE DEFAULTED LOAN High Value Security holdings ordered for urgent disposal to
      366 words
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  • FINANCIAL NEWS
    • Article
      Lock icon America's big banks post huge profit gains
      406 8 NYT NEW YORK Urge banks across the country reported sharply higher profits on Tuesday for the third quarter. Many of the earnings were at or near record levels, except at Citicorp and Wells Fargo Co, where problems with bad real estate loans kept
      NYT  -  406 words
    • Article
      Lock icon UK recession hits merchant banks
      447 8 Lloyds closes corporate finance unit; Henry Ansbacher sold Reuter LONDON Britain's recession is taking its toll on the merchant banking sector, highlighted by Lloyds Bank pic's partial shutdown of its merchant banking division and the sale of Henry Ansbacher Holdings pic. On Tuesday, Lloyds said
      Reuter  -  447 words
    • Article
      Lock icon Allianz turnover up, insurance business posts loss
      277 8 FT FRANKFURT Turnover at Allianz, the largest insurance group in Europe, will rise from 48.7 billion deutschemarks (5551.6 billion) last year to more than 52 billion marks this year, the Mu-nich-based company said on Tuesday as it announced half-year figures. However, a number
      FT  -  277 words
    • SMALL CHANGE
      • Article
        US banks accused of phantom tax write-offs
        81 8 WASHINGTON The US Internal Revenue Service contends that some of the biggest US banks worked with the Brazilian government to create hundreds of millions of dollars of "phantom" tax write-offs in connection with loans. The Washington Post said the write-offs which the banks
        81 words
      • Article, Illustration
        Rouble plunges to new low
        91 8 MOSCOW Russia's ailing rouble hit new lows against the US dollar on Tuesday amid fears the government would make companies swap all hard currency earnings for roubles. But Russian ofTicials said news that the planned swap would be brought in slowly over the next 14
        91 words
      • Article
        Indian bank in scandal may sue
        71 8 NEW DELHI India's National Housing Bank may sue ANZ Grindlays Bank to recover 5.06 billion rupees (*****.7 million) lost in the country's largest financial scandal, the Times of India reported. The housing bank, which is a subsidiary of India's central bank, may resort to
        71 words
      • Article
        Japan's money supply shrinks
        77 8 TOKYO The Bank of Japan said on Tuesday that the country's money supply shrank for the first time ever in September, raising the spectre of a credit crunch as the authorities grapple for a way out of the current slowdown. The central bank said the money
        77 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Korean investors now prefer S-E Asia to US
        94 9 SEOUL South-east Asia has replaced the United States this year as South Korea's favoured investment area, the Trade Ministry said. A ministry official said South Korean businesses preferred to invest in South-east Asia because of lower labour costs. In a report to
        94 words
      • Article
        Power cuts take toll on Manila
        73 9 MANILA The Philippines' 1992 economic growth target is being lowered due to six-hour-long daily power outages which have hit the main island of Luzon this month, the economic planning office said here yesterday. Spokesmen for the National Economic Development Authority said the country could
        73 words
      • Article
        Sihanouk no to presidency?
        87 9 PHNOM PENH Prince Sihanouk told a Supreme National Council meeting that he refused to be elected Cambodia's president, diplomatic sources said. The prince complained on Tuesday that the SNC, which he chairs, was being left out of an initiative to unblock the stalled Cambodian peace process,
        87 words
      • Article
        Laos sets up election panel
        61 9 HANOI Laotian President Kaysone Phomvihane has authorised the setting up of an election commission to monitor Dec 20 polls for the national assembly, the Vietnamese communist party newspaper Nhan Dan said yesterday. The polls are for 85 assembly seats and will be the second such
        61 words
      • Article
        ADB opens Indochina meeting
        74 9 MANILA The Asian Development Bank (ADB) opened a two-day conference here yesterday aimed at establishing closer economic ties between the countries of Indochina and their neighbours. "The bank hopes that this conference will stimulate ongoing dialogue and strengthen the process of enhanced economic cooperation among the
        74 words
      • Article
        No offbeat cops in NZ, please
        63 9 WELLINGTON "Misfits" like transsexuals, bisexuals and transvestites were not wanted in the New Zealand police, Police Minister John Banks said yesterday. In a statement, he said the last thing New Zealand needed was "policemen walking the beat wearing lipstick and pantyhose". The government is
        63 words
    • Article
      Lock icon Manila extends IMF credit arrangement to March
      315 9 Reuter MANILA The Philippines has extended until next March an economic stabilisation programme, closely monitored by the International Monetary Fund (IMF), to give it more time to put a new economic plan in place, officials said. The 18-month standby credit arrangement with the
      Reuter  -  315 words
    • Article
      Lock icon Govt committed to free market system: Thai PM
      448 9 Reuter BANGKOK Thailand's new government is committed to liberal trade based on a free market system and will further loosen control on money and capital markets, Prime Minister Chuan Leekpai told Parliament yesterday. "The government will carry out a policy of liberal
      Reuter  -  448 words
    • Article, Illustration
      Lock icon Jakarta in for uncertain times: diplomat
      458 9 Suharto's yes to another term seen to be the cause Reuter JAKARTA Indonesia goes into an agonisingly uncertain period of transition with ageing President Suharto's acceptance of the ruling party nomination for another fiveyear term. "The uncertainties will grow for the next five years
      Reuter  -  458 words
    • Article
      Lock icon Aussie Labor Party hit by graft probe findings
      325 9 FT MELBOURNE The political integrity of Australia's ruling Labor Party was severely damaged on Tuesday by the conclusions of an inquiry into allegedly corrupt relationships between politicians and businessmen in Western Australia. Two former Labor premiers of the state were criticised by
      FT  -  325 words
    • Article
      Lock icon HK's monetary reforms near completion: official
      349 9 Reuter SINGAPORE The creation of a new Hongkong monetary authority crowns six years of structural reforms to the colony's monetary system and leaves the new agency free to tackle micro-level issues, says a senior Hongkong government official. "In the last six years, we introduced
      Reuter  -  349 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      141 9 DESIGNER'S FURNITURE, LIGHTING, GLASS AND OBJECTS OF ART FROM GALERIE E C FURNITURE Tables, Chairs, Cabinets and Sofa in various designs, material, colours by renowned designers and artists including FRANCOIS BAUCHET, SAWAYA MORONI, MARTIN SZEKELY, LUIGI SERAFINI, GAROUSTE BONETTI, DRIADE AND CECCOTTI COLLECTION. LAMPS/LIGHTINGS Table, Floor, Wall and ceiling lamps
      141 words
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      Page 9 Advertisements Column 2
      172 9 tRB frOR SALE 'Jl^lfl»lf WPMIyTS... _J" 'Mmß-'TtMBP \\3fgW gr.^t TT|||Mgni iT nMil <■*""!I 1 2-2 k| > V The 585 room Hilton Hotel, with long term leose Hilton Intemotionol J BfJHj V Retail orcode (3,951 m J opprox.) ,Vl I Y Commercial office floors (13,657m 2 opprox.) m I Y
      172 words
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  • THE WORLD 1
    • Article
      Lock icon No apology owed to China for 1937 invasion: Japan
      483 10 UPI TOKYO Japan does not owe China an apology for its 1937 invasion and brutal wartime occupation and the emperor will not offer one during his upcoming visit to the middle kingdom, a Foreign Ministry spokesman said on Tuesday. Masamichi Hanabusa
      UPI  -  483 words
    • Article
      Lock icon Kanemara's exit likely to stall rice market liberalisation
      261 10 Reuter TOKYO Japan may become more reluctant to open its long-protected rice market now that Shin Kanemaru has lost his key role as ruling party kingpin, political analysts said yesterday. When Mr Kanemaru resigned from Parliament a week ago over an illegal
      Reuter  -  261 words
    • Article, Illustration
      Lock icon UK to make growth top priority
      345 10 Major shifting focus from fighting inflation to creating jobs Reuter LONDON Britain acknowledged a shift in economic policy on Tuesday, dropping a single-minded preoccupation with fighting inflation to go for growth. "We are looking for a strategy that will deliver recovery, that will deliver
      Reuter  -  345 words
    • Article
      Lock icon World Bank affiliate to help Beijing develop private sector
      313 10 AP BEIJING The International Finance Corp, a World Bank affiliate, opened an office here yesterday with plans to help China develop a capital market and diversify ownership. William Ryrie, executive vice-president of the Wash-ington-based corporation, anticipates bringing in more than US$3
      AP  -  313 words
    • Article
      Lock icon East Asia best customer for French arms, says minister
      314 10 AFP LE BOURGET, France France's weapons exports remained stable in 1991 but sales trends are changing, with East Asian countries now the main customers of the French armaments industry, Defence Minister Pierre Joxe said on Tuesday. He said 1991 sales totalled
      AFP  -  314 words
    • Article
      World Bank financing for Russia in limbo
      510 11  -  Borrower and lender stumble on security issue From John Helmer in MOSCOW FINANCING for Russian imports has been held up by the World Bank, putting on hold the disbursement of the OTSt loan of US$6OO million (about Ss96o million) and fanning doubts in
      510 words
    • Article
      Lock icon Germans coming to terms with recession
      347 11 IHT FRANKFURT The word recession, not too long ago taboo among Germany's political and media elite, is fast becoming politically correct. German economists, politicians and media have begun working the dreaded word into reports, speeches and headlines with increasing frequency and aplomb, joining the
      IHT  -  347 words
    • WORLD WATCH
      • Article
        US wine makers in low spirits over Nafta
        98 11 SANTA ROSA, California US wine makers say they feel stung by the North American Free Trade Agreement because it will hamper rather than help their efforts to raise wine exports to Mexico. But the free trade agreement foresees a l(>-year phase-out of
        98 words
      • Article
        Farming suffers high taxes
        90 11 WASHINGTON Over-taxing of the farm sector has stunted growth in developing countries, according to a World Bank study of 18 countries between 1960 and 1985. The countries in the study, titled "The Plundering of Agriculture in Developing Countries", put high taxes on their agricultural sectors in
        90 words
      • Article
        Bush sorry over flag incident
        72 11 ATLANTA, Georgia President George Bush apologised on Tuesday to Canadians after a Marine Corps guard held the maple-leaf flag upside-down at a World Series baseball game. "This was a mistake and certainly nobody would ever do anything like that on purpose," Mr Bush said in
        72 words
      • Article
        EC states can say 'no' to waste
        58 11 LUXEMBOURG The EC on Tuesday gave its members the right to close their borders to imports of waste from other iEC countries, but was attacked for allowing toxic waste exiports to poor countries. EC ministers of the environment lagreed that traffic in waste
        58 words
      • Article
        Iraq bans import of luxury items
        64 11 BAGHDAD Iraq, struggling to rescue its ailing dinar after more than two years of UN sanctions, halted imports of luxury goods on Tuesday and told traders to clear them from their shelves by Nov 20. An import ban announced in advance by President Saddam
        64 words
      • Article
        Aids still on the rise in Europe
        63 11 .STRASBOURG Aids cases in Europe are on the rise, up •by 28 per cent in the first half of this year compared with the same period in 1991. Epidemiologist Jean-Baptiste Brunet of the World Health Organisation said on Tuesday that contrary •to general
        63 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      959 10 QilK 11/ Supervisory Board 1991 U II Chairman: Dr. Claus Knetschke Hft, ]KrhP Wolfgang Grueger Federal Ministry of Finance ueuibcne OW KJs»s>ens>crkJnsDanK Chairman, Federal Association of German Helmut Koschka mm^^^ hCooperative Banks (BVR) Managing Director, Genossenschaftliche Eberhard Heinke, Chairman Zentralbank AG Stuttgart DG BANK Consolidated BalanCC Sheet Managing Directors, WGZ-BANK
      959 words
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      Page 11 Advertisements Column 1
      231 11 ill I Investing In Australian And New Zealand Property Can Give You More. Shopping Centres: Yields of 12% to 15% p.a. Offices: Yields of 10% to 13% p.a. Explore these options at a overseas investment in these seminar on investment oppor- countries to date and current tunities in Australian and
      231 words
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  • Article
    Middle-class wannabes
    498 12 EDITORIAL THERE'S no question about it: Inflation in Singapore, as measured by the Consumer Price Index (CPI), can by no stretch of the imagination be described as intolerably high. Indeed, the Republic's track record is one that would be the envy of most countries. With the CPI expected
    498 words
  • WHAT THE OTHERS SAY
    • Article
      China enters a new epoch
      283 12 DENG Xiaoping, at 88 a man for whom mortality cannot be a distant thought, has this past week accomplished the kind of seminal leap that China would need to make the transition to a contemporary entity after 80 years of post-dynastic history. He would be
      283 words
    • Article
      The vehicle quota system
      96 12 THE number of vehicles allowed for next year would be increased judiciously. But there is no let up for the vehicle quota system which has been proven, despite all the criticisms, it is the best available option to reduce traffic congestion. The newly fine-tuned quota system
      96 words
    • Article
      Reasonable amendments
      145 12 COE prices remain high and have clearly become a cost factor. Generally, car owners pay high prices for the COE and hope to make up in other areas. Needless to say, this is all the more so for those who need a car to make a living. The
      145 words
  • REGIONAL VIEWPOINTS
    • Article
      The vice-presidency
      175 12 THE constitution stipulates that, "Should the president die, cease from executing, or be unable to execute, his duties during his term of office, his office shall be taken and held by the vice-president until the expiry of that term." "Hie fact that Golkar prefers a younger man to
      175 words
    • Article
      The coal question
      137 12 AFTER the major pounding on the pound sterling following the Sep 16 ERM debacle and the current socio-economic-political storm brewing in Britain over John Major's decision to close half of the nation's state-owned coal mines, the question arising is: Will Major survive this round? The pits and
      137 words
    • Article
      Chuan's chance
      181 12 SOMETIMES a reminder is needed that the environment belongs to all of us. This includes the government and profit-making businesses, the city dwellers and country folk, military and civilian alike. No one among any of these groups has exclusive access to truth or perfection. The government must put
      181 words
  • Article, Illustration
    Countering unilateralism
    1228 12  -  The United States' trade policy towards Japan is high-handed, writes Michihiko Ikeda, and it marks the advent of unilateral economic relations Michihiko Ikeda, The writer, formerly with the Japanese Foreign Ministry, now serves as vice-president of the Overseas Economic Cooperation Fund. The views expressed here are his own.
    1,228 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      84 12 tH FINE CHINESE Hj J CLASSICAL FURNITURE L WORKS OF ART EXHIBITION 1 Exhibit items include: (f Ipi!|ljlf pi I Selected fine furniture, screens and I j! *i; wall panels, old Yi-shing teapots, jade j ]li !!l and ivory carvings, cloisonne and ac(^uer ware > s *l ver ware >
      84 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      37 12 POONESBURY GARRY TRUDEAU I IJM *7/ LefiSNOTPLAt W7S^STTA99OON^TSH% I CAMP&S! UOKU>- I i I WUIDLPTHBSeN- I I GOICHA! ISAIP I VtNAfit XajNOfPrTCHeCKS I I CIA&mN&CAN- I gfu I ATBWHAPF*eSH\ 59 I ATtfASTK! I THFYOH \ONTH&I. SW3W I
      37 words
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  • ANALYSIS
    • Article
      Lock icon The ultimate organisational balancing act
      984 13  -  In their drive for global efficiency, some companies neglect the need to retain responsiveness to national differences, says Christopher Lorenz Christopher Lorenz FT WHEN the gospel of "globalisation" first gripped Western companies in the middle and late-1980s, many reacted crudely, as if national differences in
      FT  -  984 words
    • Article, Illustration
      Vietnam economy's Mr Fixit
      1265 13  -  Vietnamese Prime Minister Vo Van Kiet is a man struggling to introduce economic reform, or doi moi, in his country. On the other hand, Foreign Minister Nguyen Manh Cam is burdened by bilateral and multilateral disputes. Harish Mehta spoke to both in Hanoi this week Harish
      1,265 words
    • Article, Illustration
      A diplomat and his desire to end all disputes
      665 13 ONE of the toughest jobs in Vietnam had always been that of the foreign minister the man who faced a barrage of hostility at international forums arising from Vietnam's occupation of Cambodia from 1978 to 1989. But in these days of
      665 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      McCann wants a bite of every pie
      1227 14  -  MD John Pearce tells Sangeeta Mulchand about his firm's leaner, more practical orientation Sangeeta Mulchand WHEN JOHN Pearce took over as McCann Erickson's managing director two years ago, there was no warning that Singapore's advertising industry would so quickly lose its glow. "We
      1,227 words
    • Article
      Lock icon Perry Ellis hoping to help itself by helping others
      667 14  -  Stuart Elliott takes a look at the group's Lose Your Blues campaign Stuart Elliott NYT CAN AN apparel company lose its blues by urging shoppers to do the same? In an elaborate new advertising and promotional programme with the theme "Lose
      NYT  -  667 words
    • Article, Illustration
      Lock icon The different faces of the Cosmo girl
      820 14  -  Cosmopolitan's international editors met recently to discuss their readers' similarities and differences. Suzanne Cassidy reports Suzanne Cassidy NYT WHO IS the Cosmo girl? And what does the Cosmo girl in New York have in common with the Cosmo girl in Lisbon or Istanbul?
      NYT  -  820 words
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  • SPORTS
    • Article, Illustration
      Lock icon Wattana crashes out of Reading Grand Prix
      341 15 AFP READING, England Thai snooker star James Wattana joined the big-name casualty list at the Reading Grand Prix on Tuesday when he was knocked out in the "fourth round by little-known Scot Billy Snaddon. The world number seven followed present and past World
      AFP  -  341 words
    • Article, Illustration
      Lock icon Call for Olympic golf wins support among pros
      810 15 NYT NEW YORK The possibility of including golf as a medal sport for the 1996 Summer Olympics in Atlanta has gained the support of the game's biggest wheels, who are ready to roll out a plan in which the world's best male
      NYT  -  810 words
    • Article
      Lock icon Where to golf in Japan? Try heading for a basement in Ginza
      366 15 AP TOKYO It's Tokyo's answer to a favourite American pastime: Heading out to the public golf course, playing 18 holes, then repairing to the 19th hole to knock back a few drinks. Golf is a national passion here
      AP  -  366 words
    • Article, Illustration
      Lock icon Reynolds seeks US$39.5m from IAAF at hearing
      417 15 Reuter COLUMBUS, Ohio A judge conducted a one-sided hearing on the Butch Reynolds suit on Tuesday and will soon decide whether the world 400 m record holder is entitled to as much as U5539.5 million (5563.2 million) from the ruling body of international
      Reuter  -  417 words
    • SIDE LINES
      • Article
        Forget leads into second round of Lyon Open
        150 15 LYON Guy Forget of France led five seeds into the second round of the US$6OO,OOO (*****,000) Lyon Open tennis tournament on Tuesday with victories. Forget, the No. 2 seed, beat fellow Frenchman Rodolphe Gilbert 6-3, 6-7 (7-5), 7-6 (8-6). Last December, he
        150 words
      • Article
        Ivanchuk ahead at Interpolis
        125 15 TILBURG, The Netherlands No. 1 seed Vassily Ivanchuk (Ukraine) has taken a vital 1-0 lead against eighth seed Gata Kamsky (US) at the Interpolis chess tournament here on Tuesday. A draw yesterday would see the tournament favourite go through to the semi-final. Kamsky was expected to
        125 words
      • Article
        Still the same old Magic
        116 15 INGLEWOOD, California Magic Johnson says he is feeling fine after a tough, 10-day training camp with the Los Angeles Lakers, and looking forward to whatever the National Basketball Association season throws at him. Johnson skipped last season, after learning he had the virus that causes
        116 words
      • Article
        Desert run for 4WD World Cup
        106 15 DUBAI The Desert Challenge has been included in the sfeven-event new Cross Country four-wheel drive World Cup, which will be run for the first time over three continents next year, it was announced on Tuesday. Taking place in November 1993, the Desert Challenge event
        106 words
      • Article
        Blake to sail cat for Verne cup
        76 15 WELLINGTON Whitbread round-the-world race winning skipper Peter Blake from New Zealand said yesterday he will sail a high-tech catamaran in an effort to win the new Jules Verne yachting trophy early next year. The new round-the-world trophy, announced on Tuesday in France, will
        76 words
    • Article
      Lock icon Germany proposes light penalty for swimmer over alleged doping
      455 15 Move could provoke international outcry Reuter BONN German swimming officials could face fierce opposition from international anti-doping campaigners after proposing to place a light penalty on former world champion Astrid Strauss for a positive drugs' test. The German Swimming Federation (DSV)
      Reuter  -  455 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      166 15 And these include providing regular enhancement of the products and fTs4 7 ff lift fiJ if I m prompt response to all technical and service requirements. After all, what good is a relationYour relationship with Creative Software ship if there is no long term commitment, doesn't end once a sale
      166 words
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  • Page 16 Advertisements
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      84 16 I IM/l the Port of Singapore mltrl n Authority Hs U on the official opening H of BRANI TERMINAL .wTaftlt §lj^j\ i| 1 II H IW f| H H K ti- it jM Photo by courtesy ot the Port of Singapore Authority On the occasion of the grand opening of
      84 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      96 17 Brani Terminal. *&ammmm -^BBBBtt&, IiwCJV Bj 1 Br #B B _^BWI Ii V f l aJ Bi X EmhS *HiM HHPV A new generation in container handling. "*4& ■wSjIS 11 f il'iP ft t «k "v'F uft s; 4 We've built Brani Terminal to cater to more than will further
      96 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      810 18 pin Nothing where to wine, dine or A FIRST FOR EXODUS EXODUS rated Malaysia's top entertainers after winning Mk the group category in the 1991 Sil VL4 Top of the Pubs competition is bringing their exciting brand of music to Singapore. The talented Paul brothers will enthrall you with a
      810 words
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      Page 18 Advertisements Column 2
      348 18 WE VE JUST BRED A NEW WINNER at The Stables The Businessmen's Derby Lunch A delectable choice of appetisers and soup. j(SMEjfc, followed ctosdy by your pick from five delightful main dishes and a selection of deaserts Finish M Boot cAgo. with coffee or tea. Only $28.00+ 3)3 Orchard Road.
      348 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      606 18 TELEVISION AND RADIO KpvQtnnp mn ***** rr w rri ,c,r business on raoo JLy Ijtv/llv Vv U 7.25 PM Opening followed by Ja- mother being killed by her 5.30 Widget (Cartoon). OB u A pan Pwtfttit Today. new husband. 5.55 Todav h Historv <M» BBC, 50.9 ninz M VNr Band
      606 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sex, at last
      833 19  -  Despite all the hype, Michiko Kakutani says Madonna's book is not worth the money. Nor is she impressed by academic discourses on the Material Girl Michiko Kakutani NYT After ail the hype, all the magazine covers, all the tabloid articles, all the teasing stories on television, Madonna's
      NYT  -  833 words
    • Article
      Spike Lee sued for US$10m over attack
      394 19 CHATTERBOX: MALCOLM X director Spike Lee was hit with a US$lO million (Ssl6 million) lawsuit on Tuesday by an electrician who says he was attacked by a guard Lee hired to keep the peace while filming the movie, according to court papers. Blain
      394 words
    • Article
      Lock icon 'Yo-yo' dieting carries higher risk of death: study
      438 19 NYT Although being obese puts people at higher risk of premature death, losing weight might increase their risk even more, a new study has found. The researcher who directed the study offered a possible explanation for the surprising finding: the people who
      NYT  -  438 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      284 19 AND ENTERTAIN Sumptuous Salmon The King of Fish reigns supreme this month at Cafe-in-the-Purk Enjoy its luscious taste and flavour at our Salmon Buffet from 19 to 30 October 1992. Available at dinner only from 7.00pm to 10.00pm $24.00++ per adult $12++ per child ANA HOTEL F«r reteratioo*, pint* call
      284 words
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      Page 19 Advertisements Column 2
      55 19 r i'pre i i y i m I I I I i- -J 1 i f I j j I m Iu j j 3 I j *fc*n..i. l .^wi I Nl ~<MOM' ~S,(' N im OM,,f|M rir i '»'|i I-i r '»i riy-i f, rifj fj f '.K- I*
      55 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors intrigued by Golden Plus mystery
      3952 20  -  By Lilian Ang RUMOURS about the Golden Plus takeover continued to make its rounds in a quiet market yesterday. Idris Hydraulics, a financial services and property group, was dragged into the picture as one of two possible predators. The other company named was Aokam
      3,952 words
    • Article, Illustration
      Lock icon HOT STOCK
      83 20  -  By Quak Hiang Whai KEPPEL fell from almost $9 early this year to a low of $5.20 ia August before recoveries slightly. It then met strong resistance at $6 and has been losing groaad. Weekly RSI la Just above 25, while weekly stochastics have fallen below 25. Immediate
      SOURCE: BRIDGE INFO  -  83 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      52 20 P-— ————————mmmmmmmmmmm n CALL MILANO'S HOT DELIVERY HOTLINE NOW! 468-2222 i for mouth-watering Italian pasta, pizza, BBQ ribs, salads and more! I Officc/Home Delivery Hours: Daily from 11.00 am onwards (including Public Holidays). FREE delivery for a minimum order of $10.00 $3.00 surcharge for delivery after 11.00 pm. tfILANO kmmmmmmmmmmmmm
      52 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3488 22 Leader U 760 40 5 6% Uniphone Tel 336 +34 +11 3% Dunlop Est 368 +16 4 5% YTLCorpnSO* 232 +15 +6 9% SungeiWay 290 +13 +4.7% Sg Way TSR97 164 +11 +7 2% Magnum Corp 50» 590 +10 +1 7% Tech Resources 75Vi +5Vi
    3,488 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      248 22 BUSINESS TIMES Toll-free Tel No: 737-0043 Fax No: 734 3698 OFFICIAL NOTICE We, Uni-Continental Pte Ltd, of 96, Robinson Road #OS-04, SIF Building. Singapore 0106 hereby give notice that in consequence of the purchase of the ship hereinafter named, we have applied to the Registrar of Singapore Ships, under Section
      248 words
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      Page 22 Advertisements Column 2
      208 22 You are invited to attend Immediate Sale first time seen here. 200 pieces very heavy pile Oriental Carpets and Runners ordered for Australian Market but due to their recession, is now offered here at: Place Singapore Conference Hall Shenton Way Period 24th to 26th October '92 Time 10.00 a.m. to
      208 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Late buying by fund managers trims losses
      5420 23 Bernama LATE buying support by fund managers, especially for telecommunication-based counters, emerged to trim earlier losses on the Kuala Lumpur Stock Exchange yesterday. The KLSE Composite Index edged up 0.89 of a point to 615.8S while the Industrial Index added 5.32 points to
      Bernama  -  5,420 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      159 24 Cwpw> Oat* Year Group Net N«t earnings Gross inn to profit/toss per share dividend (000) (cents) Sum Darby Oct 13 Jun 92 MJ335,500(MS310.300) 226(19 9) 36g(31) Sime Spore Oct 13 Jun 92 $24,964 (J20,716) «7W(4 6W) 14(14) Berpya Ind Oct 12 Apr 92 MJ20.935(MJ13.922) 3.4(8.1) 8.3h(6) Berpya Leisure
      159 words
    • Article
      PRELIMINARY RESULTS
      90 24 Company Date Year Group N«t Net earnings 6ro«s ami to profit/loss ptr share dividend ('040) (cents) RMCA Re Oct 16 Jun 92 »2.267L($56.216L) -<-) MMC Oct 13 Jul 92 MJ19.530(M*16.722) 4.7(4.0) 20(20) Tongkah Oct 12 Jun 92 M$4.870t(MJ2.479L) -(-> Amal Steel Sep 30 Jun 92 M»7,487(MJ78.054) 16 4(13)
      90 words
    • Article
      INTERIM RESULTS
      145 24 Ctmpinr Date Hart-year Group Net Interim ana to prvflt/lMS dividend COM) Umphone Tel Oct 15 Jul 92 l*$8.655(MS5,291) Cheung Kong Oct 13 Jun 92 HK|2,330a(HMl,984a) 40(34) Innovest Oct 13 Jun 92 MJ21,032l(M511.212l) Causeway hi* Oct 13 Jun 92 $215($468) Dairy Farm Oct 12 Jun 92 USJ59 9to(USS54 5b)
      145 words
    • Article
      DIVIDENDS ANNOUNCED
      929 24 Currant Ex Bm4u Date Tatel far Tatel far payment date ctesc payaWa Ow fear last year MOB SOc 3.5% (b) Sep 10 Sep 24 Oct 23 3.5% 3.5% Badtard SOC 1% Nov 2 Nov 16 Oec 7 2% BMT J10 100% Nov 12 Nov 24 Nov 26 140.9%
      929 words
    • Article
      CORPORATE DEVELOPMENTS
      428 24 Oct 20 Land ft General Bhd has announced the sale of 1.46 hectares of vacant freehold commercial land in Subang Jaya for MJ25.09 million (5J16.1 million) in cash to Magnificent Diagraph Sdn Bhd. Provisions Suppiers Corporation has tied up with two Chinese parties to form a joint-venture subsidiary
      428 words
    • Article
      APPROVED ISSUES
      396 24 Company Rights Issue Gotten Hop* One-tor six M$150 per share Ex-date Aug 27 Books dose Sep 10 Acceptance Payment Oct 22 IMS One-tor-ore MJ5 00 per share Ex-date Sep 7 Books dose Sep 21 Acceptance Payment No* 2 0C8C One-tor hw g, $300 per local share One-tor-hw V4
      396 words
    • Article
      COMPANY MEETINGS
      202 24 Centrepont Properties Ltd: AGM at Level 2, Alexandra Point, 438 Alexandra Road, Singapore 0511, on Thursday, October 22, at 10.00 am Hexza Corporation Bhd: EGM at the Function Room 1, Kelab Golf Sultan Abdul Aziz Shah, Shah Alam, Selangor Darul Ehsan, on Friday, October 23, at 11.00 am
      202 words
    • Article
      SCRIPLESS CONVERSIONS
      271 24 Conversion Special Trdg Sariptess Conversion deadline Period Trading Company starts (IDP) (ST) starts Alex Hldgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Bonvests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Cerebos Oct 16 Nov 12 Nov 2 Nov 12 Nov 13 Chemical
      271 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      358 24 la local am In SS In US$ dy yr dy yr dy yr Oct 20 Index chge chgc chgc chgc chgc cfagt World 377.8 0.8 -7.5 0.1 -9.1 -0.2 -8.8 *EAFE 441.2 1.0-12.1 -0.4-14.1 -0.6-13.8 Europe 403.1 2.0 -2.0 0.5 -8.6 0.3 -8.3 Pacific 643.2
      358 words
  • Article, Illustration
    Lock icon CHARTING SERVICE
    610 24 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, and serve as
    CHARTS BY BRIDGE  -  610 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Markets slide as investors take profit
      424 25 CLSA THE SHANGHAI A share market slid another 5.5 per cent yesterday with the CLSA Shanghai A Index ending the day at 3,943.57. Brokers blamed profittaking as the major cause of the domestic market's losses. The slim turnover of 0.76 million shares reflected the
      CLSA  -  424 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices continue uptrend in fairly active trade
      960 25 Reuter SHARE PRICES firmed yesterday in fairly active trade with interest centred on a few stocks. Car maker Astra picked up 100 rupiah to 11,750. "Fundamentally there's no reason for it to go up," a local broker said, pointing to the sharp
      Reuter  -  960 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Bank shares gain as sentiment improves
      2132 25 Reuter BANK SHARES led the gains in an active market yesterday but brokers said the index had not been able to break resistance at around 890. The SET Index rose 5.25 points, or 0.59 per cent, to close at 883.93 on active turnover of
      Reuter; Source: Bridge Info  -  2,132 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      189 25 your very own hassle-free If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee of onlg $250 per month, you and your company can ■HH ll| of Singapore Clob International arc important to you and your business, then SPH subscribe to this specialised
      189 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Futures-linked programs lift share prices
      2542 26 Reuter STOCKS closed firmer yesterday after a day of lethargic meandering and the Nikkei Average ended above 17,000. Futures-linked programs lifted prices near the close, but most investors remained sidelined, edgy about politics, the economy, and corporate earnings. "Everybody is just watching, the only trade
      Reuter  -  2,542 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng closes at record high
      2476 26 Reuter A LATE FLOOD of unidentified buying propelled the stock market to a record close yesterday prompting speculation that agreement with China on a proposed new airport could be imminent. "1 don't know where it's coming from," said a broker at a European securities
      Reuter  -  2,476 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stock prices close at day's highs
      2035 27 Reuter POSITIVE NEWS from overseas, a lack of sellers and good value in underpriced stocks combined to boost the market, which closed at the day's highs yesterday. Brokers also said some investors might have been left short by over-selling and were buying to square
      Reuter; Source: Bridge Info  -  2,035 words
  • REGIONAL STOCK MARKETS
    • Late buying helps Taiwan shares end off lows
      • Article
        TAIPEI
        520 27 SHARES ended off their lows yesterday after bargain-buying in blue chips emerged in late trade, brokers said. The Weighted Index, which opened lower and was down more than 70 points at one stage, finished 29.79 points lower at 3,694.38. Many players remained sidelined and turnover was very thin at
        520 words
      • Article
        SEOUL
        842 27 AN ACROSS-THE-BOARD buying spree yesterday boosted the stock market to a higher close for its fourth consecutive session, brokers said. "A combination of positive factors sliding interest rates, money flowing into the market and the improving macro-economy helped the market soar throughout the day," said Seoul Securities' Choi Bum.
        842 words
      • Article
        MANILA
        580 27 SHARES rebounded modestly yesterday but brokers said the recovery may be short-lived as power outages contin- ued to hurt investor confidence. The Manila Stock Exchange Composite Index closed 9.45 points higher at 1,353.86. "It's merely a technical correction, the market has been down all week and some stocks were
        580 words
      • Article
        NEW ZEALAND
        290 27 THE SHARE MARKET closed higher but prices were mixed with Telecom and second and third liners strong. Other leaders were mixed. "It's the pattern of most of this year only magnified," Doyle Paterson Brown's Paul Davenport said. "The leaders were mostly weak but the second liners looked strong."
        290 words
      • Article
        INDICES & TURNOVER
        52 27 INDICES TURNOVER Ciose Oct 21 Previous NEW ZEALAND NZSE-40 Capital 1.373.32 1.366.84 +6.48 MANILA Composite Index Turnover (mil pesos) 1.353.86 198 1.344.41 221 +9.45 -23 TAIPEI Weighted Price Index Turnover (NTS billion) 3,694.38 11.5 3,724.17 12.5 -29.79 -1.0 SEOUL Composite Stock Index Turnover (billion won) 559.71 431.9 540 45 +19.26
        52 words
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  • WORLD STOCK MARKETS
    • Profit-taking trims early gains on Wall St
      • Article, Illustration
        NEW YORK
        1298 28 STOCKS closed narrowly mixed in heavy trading on Tuesday as selling prompted by slumping bond prices and profit-taking trimmed gains posted earlier on renewed hopes for further easing of German interest rates. The Dow Jones Industrial Average, which rebounded 14.04 points on Monday, gave back 2.43 points to
        1,298 words
      • Article, Illustration
        LONDON
        790 28 SHARE PRICES rose strongly with sterling here on Tuesday in response to signs from Germany that the Bundesbank is set to ease monetary policy and that evidence might emerge with the results of a repurchase arrangement yesterday. The Footsie index of 100 leading shares closed above 2,600 points for
        790 words
      • Article
        FRANKFURT
        306 28 SHARE PRICES rose strongly on Tuesday and closed up by 2.20 per cent at 1,511 points on the DAX Index and the Commerzbank Index advanced by 1.50 points to 1,679.20 points on expectations that interest rates will fall. Trading was thin as it had been on Monday. The markets
        306 words
      • Article
        ZURICH
        453 28 HOPES that Swiss interest could slip further if German rates ease took Swiss shares to a higher close in lively trading on Tuesday, dealers said. The broad SPI Index rose 10.1 points to 1,158.1 and the SMI Index of leading shares added 17.6 to 1,922.3. The SMI Index had
        453 words
      • Article
        STOCKHOLM
        187 28 SHARES showed strong gains on inter- est rate declines in Sweden and the rest of Europe, and on strong European stock markets. The Stockholm bourse General Index closed up 3.79 per cent at 684.60 in strong turnover of 503 million kronor. The Top-16 Index rose 4.02 per cent. "The
        187 words
      • Article
        BRUSSELS
        338 28 RENEWED HOPES of German interest rate cuts and the firmer US dollar led Belgian shares to a 1.3 per cent higher close at the start of a new twoweek accounting period. The Bel-20 Index of leading shares closed up 14.16 points to 1,105.23. A high 1.424 billion francs worth
        338 words
      • Article
        TORONTO
        377 28 STOCKS ended stronger on Tuesday, outperforming Wall Street for the second session in a row, as the market discounted next Monday's referendum on Canada's constitutional reforms and focuses on the prospect of lower interest rates, dealers said. The TSE-300 Index closed up 16.4 points at 3,241.8 on volume of
        377 words
      • Article
        INDICES & TURNOVER
        73 28 INDICES TURNOVER NEW YORK Close Previous Oct 20 Dow Jones SAP 500 Turnover (million) 3,186 02 415 48 258.21 3.188 45 414.98 222.15 -2.43 +0.50 36.06 LONDON Financial Times 30 FTSE 100 Turnover (million) unav 2,617.0 628.9 1.868.1 2.562.2 54.8 411.2 +217.7 FRANKFURT DAX Index 1,511.0 1,479.07 31.93 AMSTERDAM EOE
        73 words
      • Article
        Untitled
        597 28 Other markets in Europe, South Africa and Canada Johannesburg Oct 19 Rand INDUSTRIALS A Alpha 2900 100 AEC1 580 unch AMIC 5150 unch Abercom 125 Amaprop 630 10 BAZ 1300 Barlows 4425 25 Basil Strk 12 +2 Blyvoor 335 unch CG Smith ***** unch Cnagalo 2100 -75 Curfin 630 10
        597 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback, sterling open lower in Europe on profit-taking
      1169 29 REPORTS THE US dollar fell back yesterday morning in London as dealers took profits after the dollar's spectacular gains on Tuesday, when "interest rate fever" hit the market. At 0910 GMT the dollar was trading at 1.5130 deutschemarks against 1.5203 on Tuesday
      1,169 words
    • Article
      INTERBANK FOREX RATES
      411 29 Cross rates 0*21 USS SS MS Dm Yen SFr AS NZS USS 1.6140 2.5120 1.5140 122.80 0.6188 1.3550 1.3986 1.8570 SS 0.6196 1.5564 0.9380 76.0843 0.3834 0.8395 0.8665 1.1506 MS 0.3981 0.64 0.6027 48.8854 0.2463 0.5394 0.5568 0.7393 Dm 0.6605 1.0661 1.6592 81.11 0.4087 0.8950 0.9238 1.2266
      411 words
    • Article
      MONEY MARKET
      543 29 Interbank rates s$ Bid Offer Overnight 5 3/4 5 7/8 1-month I 7/8 2 2-month I 7/8 2 3-month 1 15/16 2 1/16 Overnight mode: 1-7/8 ISS Bid Offer 7 days 3 1/4 3 3/8 1 month 3 1/4 3 3/8 2 months 3 1/4 3 3/8 3
      543 words
    • Article, Illustration
      Lock icon Mark on downtrend against yen, US$
      327 29 Reuter TOKYO The mark, which recently attracted many investors and speculators with its high yield, appears to be losing its glitter. Tokyo traders say they expect it to fall further against both the yen and the US dollar in the near future. "A major
      Reuter; Source: Telerate  -  327 words
    • Article
      FINANCIAL FUTURES
      1462 29 SjjjEX Eunoooajm Open High Low Sett Est Vol Act/Vol Op/Int Dec 92 96.31 96.43 96.25 96 40 ***** ***** ***** Mar 93 96.21- 96.32 96.14 96.30 ***** ***** ***** 96.20 Jun 93 95.72 95.84 95.62 95.81 ***** ***** ***** Sep 93 95.19 95.35 95.10 95.32 9500 7932 4494
      1,462 words
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  • COMMODITIES
    • Article
      Lock icon Unctad commodity panel won't decide on world talks
      327 30 Reuter GENEVA Unctad's standing committee on commodities has begun its first week-long session, but will not decide whether to convene a world commodities conference sought by developing nations. Several industrial countries, including the US, voiced opposition in opening debates over holding a
      Reuter  -  327 words
    • Article
      Lock icon Ban could cut Ivory Coast cocoa exports by a third
      269 30 Reuter ABIDJAN Ivory Coast's new ban on small cocoa beans looks set to slash exports from the world's biggest producer by a third in the 1992/93 season, says the head of the state commodities board. The government announced the ban
      Reuter  -  269 words
    • Article
      KL tin price falls 13 sen on heavy selling
      737 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market plunged further yesterday to M$ 14.28 per kg, down 13 sen from Tuesday. Lack of buying interest, continued heavy selling and poor performance on the London Metal Exchange affected sentiment
      737 words
  • Article
    PRICES
    1564 30 Rubber IMS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 000 OOO 143.50 0 900 Dec 142.50 142.25 142.75 100 3,050 Jan 93 142.75 142.50 142.50 200 4,300 Feb 0.00 0.00 142.00 0 4,750
    1,564 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      623 30 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Roland Teo Ho KangofNo.9#o9-00BoonTeckRoad, Singapore 1232, have applied for a First Class Beer House licence in respect of premises at M/s SuperbowlJurong Pte Ltd at No. 9 Portchester Road
      623 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1221 31 "y ET ETC City Flight ETA FHgkt ETO 4Wa-t MH642 1220 SQ106 1045 2U50 SQ108 1145 *wu» RJ183 0005 SQ107 1305 MH64I 1315 7 9 KL838 2340 SSS sqTi'o !ii° MH6I1 1605 BH2I5 1450 SQ347 1755 MH613 1625 SQ112 1530 ImfclMi BAH 1310 B" 218 1640
    1,221 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Viva Vieques
      622 31  -  POSTCARD FROM PUERTO RICO By James Henderson IT IS odd that the finest beaches in Puerto Rico are almost undeveloped, when a quick look at Miami Beach or the San Juan waterfront shows that Americans are hardly shy of building on a good strip of Caribbean sand. And
      622 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      150 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1502 1.1665 Canadian dollar 1.2888 1.3148 NZ dollar 0.8598 0.8775 Sterling pound 2.5932 2.6297 US dollar 1.6100 1.6200 Local dollars to 100 units of foreign currency Austrian schilling 14.98
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      69 31 Duration Title Venue Organiser Jej Duration Title Venue Organiser Td Nov 14-23 India New Delhi. Trade Fair (91)11/*****42 Nov 26-29 20th Antiques Geneva Orgexpo 022/*****00 International India Authority of Fair (f M Trade Fair India Nov 26- Dakar Dakar. Centre Interna- 221/*****2 Nov 24-29 International Birmingham The
      69 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      45 31 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 Kart to Furnish.
      45 words
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      Page 31 Advertisements Column 2
      7 31 Advertising Marketing in Business Times every Thursday
      7 words
    • Advertisement
      Page 31 Advertisements Column 3
      136 31 PROPERTY '98 A Special Business Times Survey October 88,1998 Property markets In Singapore and abroad are at a crossroads. Which turning will they take? That's what everyone wants to know, and that's the question Business Times looks at on October 28. We talk to property experts about the market trend
      136 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      253 31 7 Coal-seam perhaps, carrying water-borne hazards I I I I I 8 It's most desirable to en- ML— close a wild animal (5) fio I I 1 I I 11 Quietly mention favour (6) |H| Hi fl|| 12 Turn back before it erupts H—H 13 Confirm tea laid out after
      253 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      164 31 Singapore Outlook: Showers over a few areas in the morning. Report Maximum temperature 32.6 Assoc humidity 49% Minimum temperature 24.4 Assoc humidity 92% Hours of sunshine 9.00b Rainfall in mm Nil Rainfall this month 172.5 Rainy days this month II World report Asia-Pacific Hi/Lo* Cond. Auckland 18/11 Cloudy Bangkok 31/23
      164 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      22 31 I 1 s( DON'T* /Vr*\ TfcViNG TO GCT h RBovjT "l or u0f1c.... L) Qgp€£ J yCgy CQTlfrprTfa<b■ J yr— 8706 ASSOCIATEO
      22 words
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  • Article
    Lock icon British Parliament in make-or-break vote
    506 32 Coal mine shutdown plan could be one debacle too many for Major AFP LONDON The British Parliament was set to vote last night on a government proposal to shut down 10 coal mines and possibly phase out another 21, in a ballot that could make
    AFP  -  506 words
  • Article
    Lock icon Stage set for showdown between Yeltsin and Parliament
    416 32 Reuter MOSCOW Russia's conservative Parliament yesterday snubbed President Boris Yeltsin by rejecting his request to postpone a session of the country's highest legislature, the Congress of People's Deputies. The decision opens the way for a direct confrontation between the highly conservative Congress
    Reuter  -  416 words
  • Article
    Lock icon Parliament vote allows blacks in S African Cabinet
    131 32 Reuter CAPE TOWN South Africa's white-dominated Parliament voted on Tuesday to allow blacks to serve in the Cabinet for the first time in the country's history. In passing the Constitution Amendment Bill, Parliament also saved Finance Minister Derek Keys from having to
    Reuter  -  131 words
  • Article, Illustration
    Tempting the bears
    51 32 TOKYO A flower-bearing company boss woos and a gift-laden investor appreciates the wooing in a full-page advertisement placed by Nomura Securities yesterday. With a stock market stuck in a prolonged bear market offering no profits, Nomura wants to tempt investors with gifts offered by some companies to
    51 words
  • Article
    Lock icon Bush hunts for votes in last leg of campaign
    269 32 uslPpsigESinS: RAGE Reuter WASHINGTON Fighting the clock and the polls in his re-election bid, US President George Bush scoured the South for votes on Tuesday as Democrat Bill Clinton maintained double-digit opinion poll leads in spite of a bruising debate. Mr
    Reuter  -  269 words
  • Article, Illustration
    Is Thailand trying to turn its back on Afta?
    764 32  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer, a senior BT correspondent, is in Manila to cover the Asean Economic Ministers Meeting CAN SOMEBODY pray tell what is going on in Thailand? For a country that has all
    764 words
  • Article
    Lock icon Beijing media hurls abuse at visiting HK governor
    475 32 Reuter BEIJING Hongkong Governor Chris Patten took his blueprint for democratic reform to Chinese leaders yesterday, to be met by a torrent of abuse in the media that made absolutely plain Beijing's answer was no. The tough language used against the newly-appointed
    Reuter  -  475 words
  • Article
    Lock icon Opposition leaders meeting in Iraq to plot Saddam's downfall
    253 32 Reuter ANKARA Iraqi opposition leaders are gathering in northern Iraq to plan the downfall of President Saddam Hussein and set up a power structure to replace him. "It is the first time all the opposition leaders will meet together on Iraqi
    Reuter  -  253 words
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Page thumbnail Page 33
  • Shipping Times
    • Article, Illustration
      Brani Terminal will boost port's status: PSA
      581 33  -  Container terminal may help S'pore regain top spot from HK By Juliette Walker SINGAPORE Pulau Brani's container terminal, one of the world's largest, officially opens today, reinforcing the Port of Singapore Authority's determination to maintain its competitive edge. In a statement yesterday, PSA
      581 words
    • Article
      Lock icon Tanker anchors in Alaska Sound after mishap
      187 33 Router ANCHORAGE, Alaska A loaded 290-metre oil tanker was anchored in Prince William Sound on Tuesday after its helmsman discovered a steering-instrument problem about 12km outside the Port of Valdez, officials said. No oil was spilled during the mishap. The Kenai, owned by
      Router  -  187 words
    • Article
      Lock icon Hongkong remains world's busiest box port
      247 33 South China Morning Post HONGKONG Hongkong port recorded a 27.8 per cent rise in container throughput to 5.07 million twenty-foot equivalent units (TEUs) in the first eight months of this year to underline its status as as the world's busiest container port. The territory
      South China Morning Post  -  247 words
    • Article, Illustration
      RCL to expand services in Philippines, Indonesia
      333 33  -  By Rahita Elias SINGAPORE Thai-based feeder operator Regional Container Lines is once again expanding its service network in South-east Asia, this time in the Philippines and Indonesia. It will launch a direct fortnightly feeder link between Singapore and the south Philippine port of
      333 words
    • Article
      Lock icon French dock strike threatens harvest
      244 33 Reuter PARIS A three-week dockers' strike in Bordeaux, one of France's major grain ports, may force French farmers, faced with full grain silos, to interrupt their maize harvest, farm and port sources said on Tuesday. "Things are threatening to blow up. The harvests will have
      Reuter  -  244 words
    • LOG BOOK
      • Article
        Bomb scare suspends flights at Subang
        95 34 KUALA LUMPUR A bomb scare at the Kuala Lumpur International Airport in Subang on Tuesday night delayed the departures of seven international and 10 domestic flights for almost two hours. All flights were suspended between 9.45pm and 11.20pm as attempts were made to locate
        95 words
      • Article
        US group holds Carolina Freight
        66 34 WASHINGTON A group led by New York investment adviser Tweedy, Browne Co LP said it holds a 5.12-per-cent stake or 335,800 common shares in Carolina Freight Corp. In a Securities and Exchange Commission filing, the group said its stake includes shares purchased between Sep 9
        66 words
      • Article
        Planes bomb Liberia port
        147 34 ABIDJAN Two or three fighter aircraft of the West African peacekeeping force, known as Ecomog, have bombed the port of Buchanan, 90 km south-east of Monrovia, diplomatic sources said here on Tuesday. Buchanan is a stronghold of the rebel National Patriotic Front of Liberia (NPFL) headed
        147 words
      • Article
        UBS downgrades BA forecast
        47 34 LONDON Shares in British Airways were 4p lower at 294p on Monday after talk that broker ÜBS Phillips and Drew had downgraded its profit forecast for the firm because of the gloomy outlook for the UK economy, analysts said. ÜBS declined to comment.
        47 words
      • Article
        Crippled tanker still at Horta
        60 34 LONDON The 6,304-deadweight-tonne tanker Otaru I is still at Horta after arriving under tow on Oct 11 with engine problems, according to Lloyd's Intelligence. A surveyor arrived on Oct 14 and left on Oct 15. The vessel will probably not be repaired locally. Owners of
        60 words
    • Article
      COCKETT BUNKER MARKET REPORT
      860 34 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
      860 words
    • Article, Illustration
      Lock icon Agents reject crooked image
      1131 34  -  A recent Lloyd's List article on corruption in the Philippine manning industry raised a storm of protest from industry leaders. Bob Couttie hears them out Bob Couttie Lloyd's List IT WAS the claims of death threats which touched the rawest of nerves among Manila's manning agents.
      Lloyd's List  -  1,131 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      907 34 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 Alpha Feeders 6 I ANL 3 1/2 Asia Cont Lines 14 S •ASCL 5 9 Avia Airways 9 3 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bangladesh
      907 words
    • Article
      SHIPPING AGENTS
      3333 47 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,333 words
    • Article
      COURIER SERVICES
      260 47 Abacus Couriers Tel: 545-8011. Fax: *****98. Air E\pms I ravel 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. Ouster Link Supplies A
      260 words
    • Article
      AIR FORWARDERS
      1463 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. 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
      1,463 words
    • Article
      PORT CONDITIONS
      3568 48 ALBANIA Durres: Six vessels in port. ARGENTINA Labour, working normally. Buenos Aires: Berthing situation normal, with no delay expected. San Lorenza: Port fully occupied with 6 vessels operating, 4 waiting in roads; not more than 2 days berthing delay expected. Rosario: Five vessels in port of which 1
      3,568 words
    • Article
      AIR FREIGHT SCHEDULE
      554 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Right Type ETD T To TOOAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      554 words
    • Article
      SHIP SALES & TANKER RATES
      1303 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Summit 119,629 dwt and built November 1973 Sumitomo; inspectable Rotterdam Nov 1; on offer in the region of USs4m nett. Oceanic Mindanao: 64,637 dwt and built December 1977 Sumitomo; inspectable Singapore Nov 4 where bunkering then Iran to discharge about Nov
      1,303 words
    • Article
      CRUISE & FERRY SCHEDULES
      210 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Pep Name of Vtsad ETA ETP Ports of Calls Port ApH Triephot No OCTOBER 25 23 Fantasy World 1000 2000 Sin-P Klang Lauw Sons 227-8284 26 27 Andaman Princess 1300 1800 Sin-Phuket Lines Int*l Hldgs 224-2763 28 28 Fantasy World 1000 1900 Sin-Jakarta Lauw
      210 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        683 49 fay Wo forth Arrival Departure VmdI Voy No B«r th Armal Oggjgt Marina Terminal 1 Xiangcheng 67W P05 21.10/1500 2210/0600 Batam Baru B190 M04 ato««side 2210/2300 Batam Indah N02 M03 alongside 21.10/2300 Jurong Port Batam Maiu *****2 M04 alongside 22.10/0500 HMS 1/B 011/92 12 alongside 22 10/1700
        683 words
      • Article
        MALAYSIAN PORTS
        168 49 Jofaore Port Due on Oct 21: ACX Jade, Surya Indah, Pernas Sekoi, Berth: 1: nil; 2: Yan An Wu Hao.3: Santos, Phuong Hong Due on Oct 22: Qing Rong, Victory, Sea Queen. 4: Vigorous Swan; 5: Araya; 6: ACX Swan. 01 jetty: Bakn Navigator. Stott Sakra Kuantan Port
        168 words
      • Article
        CONTAINER SCHEDULES
        1686 49 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS Ship Voy Ho Containers iwlaMi SNp Voy No Cwtakm rnMk E Breeze 81-273 00.00.92 0000 Kota Singa SGA014 COO(EST) 20.10.92 2300 Rota Paniang KPJ28N 20.10.92 0710 MatMde Ms 9210 COO(EST) 20.10.92 2300 Equator Jewe 114N 20.10.92 0743 Tiger Speed 226N COO(EST)
        1,686 words
    • Article
      DAILY FREIGHTS
      577 50 FIRMER sentiment on grain chartering hopes boosted freight market rates and the Baltic Freight Index (BF1) rose five points to 1,060, dry cargo brokers said on Tuesday. But reported fixtures were again thin and the capesize sector continued its downtrend. Panamax tightness in the Pacific saw the North
      577 words
    • Article
      TRANSPORT DIARY
      727 50 Oct 23: Revision to the Uniform Customs Practice for Documentary Credits: ICC No 400. Talk organised by the Singapore Freight Forwarders Association for all shippers/consignees and freight forwarders. For further Retails and applications, please call the SFFA at tel: 296-4645 or fax: 292-2504. Now 3-6: Expoship Far East
      727 words
    • Article
      Lock icon Poor MD-11 sales forcing McDonnell to cut output
      416 52 NYT LOS ANGELES In the latest setback for McDonnell Douglas Corp, orders for its MD-11 wide-body jet have slowed so much in the last six months that the company is planning to cut production at least 40 per cent in 1994, major
      NYT  -  416 words
    • Article
      Lock icon General Dynamics to lay off 1,700
      183 52 AFP SAN DIEGO General Dynamics, a major aerospace and Pentagon defence contractor, will lay off 1,680 workers during the next five months because of a drop in demand for McDonnell Douglas MD-11 airliners. The company will drop 40 per cent of the workforce in
      AFP  -  183 words
    • Article
      Lock icon Alaska Airlines gets nod to fly to Russian city of Vladivostok
      181 52 AP SEATTLE Alaska Airlines has obtained government approval to begin flights between Anchorage, Alaska, and Vladivostok, Russia, next spring or early summer, officials of the West Coast regional carrier said on Tuesday. "We consider Vladivostok to be an attractive
      AP  -  181 words
    • Article, Illustration
      Lock icon Card to push BA-USAir talks
      462 52 US Transportation Secretary to liberalise US-UK air ties AP WASHINGTON Transportation Secretary Andrew Card will fly to London to give a push to negotiations over British Airways' plan to buy a large stake in USAir, a Department of Transportation source said on Tuesday. The deal
      AP  -  462 words
    • Article
      Lock icon Metal fatigue likely cause of El Al crash
      307 52 Reuter AMSTERDAM Metal fatigue, caused by a combination of stress and corrosion, probably caused an El A 1 cargo jet to crash into an Amsterdam apartment block killing some 70 people, the Dutch Transport Ministry said on Tuesday. Investigators now believe the
      Reuter  -  307 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      112 33 Philippine manning agents reject crooked image, Page 2 Poor MD-11 sales forcing McDonnell to cut output, Back Page L/C" nt ■I iVW THE TOTAL TRANSPORTATION BnTfl I VISA FREIGHT SERVICES PTE LTD HSI established in 1984 "S" numpwnTKw withaconccptof F MDfRS TOTAL TRANSPORTATION. Complete range of full forwarding services —j
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      Page 33 Advertisements Column 2
      80 33 the jj& FAMOUS hwk/zumk ■nanmi *****33 For more information please refer to Pg. 13 Due to space constraints, shipping guide is being held over I BRNO UNZ V'lMk 1 /SOFIA VARNA GRAZV* Vv 1 JMOSCOW GDYNIA PRAHA QPESSA TRIESTE BELGRADE ZAGREB LENINGRAD SARAJEVO CONSTANTA M I BUDAPEST BUCHAREST LJUBLJANA C@w§mg@
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      60 34 TUGS BARGES SERVICES^ I Please Call JAMES at TEL 270 6067/8 OR FAX (65) 270 6072 1 OPPORTUNITIES I Wa A in The Straits Times Classified for H Km llffl l|kll those with business opportunities fj\ Im II IWMmI Ito offer. To strike a deal, B mm call CAT.S. at
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      18 34 A I liit SBii rinrinal a J L* S£ga^S» Xl«sy For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.
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      69 35 TOKMIML Congratulations Best Wishes to the Port of Singapore Authority on the Official Opening of Brani Terminal m At HDS, we're known for the reliability of our industry-standard mainframes and storage systems. That's what we're delivering to PSA and to thousands of other companies in 36 countries around the globe.
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      222 36 W I*SA BMM TEIWDNAL CONGRATULATIONS to PORT OF SINGAPORE AUTHORITY on the Official Opening of its Brani Terminal Q'K'line KAWASAKI KISEN KAISHA, LTD. As Agents: Kawasaki Singapore (Pte.) Ltd. Singapore Tel: *****77 "K" Une Maritime (Malaysia) Sdn. Bhd. Shah Alam Tel: 03-*****00 Penang Tel: 04-*****0 Johore Bahfu Tel: 07-*****1 Port
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      3977 37 OOCL (8) PTC LTD JAR DINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 \IIWMW BOOKINGS TEL: *****34 *****58 ■MIIIIW TERMINAL/CFS TEL: *****18 220 ITEMM 71 PESAKA JARD4NE SHIPPING AGENCIES BDN. BHD. L \SSSf A PORT KELANG TEL: *****18 FAX: *****91 *****88 Dedicated to Quality Service CFS TEL: *****6 ■MJ.II.IJI P.GUDANG TEL
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      Page 37 Advertisements Column 2
      1404 37 ■aißiFim' WEEKLY DIRECT CALL TO NAGOYA LAUST MAERSK V.9216 ETA SIN 26/10/92 ETA NAGOYA 5/11/92 Veeael Voy ETA ETO Fwdn by s- DESTINATIONS tni Mat Man* Maw* 92i0 v*yHvnnvmnpwnH cy 27/ k) 0800 mrs Hafila CFS 26/10 2359 MRS JOH LPK PEN OAK LGB MOU MEM ATI MIA CHS BAL
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      1347 38 R'DAM/ VOY NO S PORE JEDPAH S'HAMTON H'BURG ANT LE HARVE MONTE ROSA 21/142 22/10 I T7u 10/11 8/11 KHSBSai DRESDEN EXPRESS 07/342 24/10 3/11 11/11 14/11 16/11 18/11 KAMAKURA 25/143 29/10 14/11 17/11 15/11 KAGA 26/343 31/10 10/11 18/11 21/11 22/11 25/11 eMCCIB»IT fMK TOKIO EXPRESS 09/144 5/11 21/11
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      459 38 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 Vietnam Mongolia Hungary CSFR e Poland ocwcins AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel mm A. ABRAHAM 25/10 VILLE DE SIRIUS 29/10 VILLE DE
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      1425 38 TOWillfl mi I R EGULA R INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN NORASIA AL MANSOORAH 9234-3 27/10 IS/11 20/11 24/11 26/11 26/11 29/11 21/11 29/11 L NMASA PRINOM 9235-3 03/11 25/11 26/11 01/12 02/12 03/12 05/12 05/12 06/12 -15 S?.. 2/12 3/12 1/12 9/12 10/12 12/12 12/12 13/12 .C J«ORASjAJ>EARI_2237-3
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      1837 39 Pflf STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 K«pH Towers Singapof 0208 Tel: *****8S Fax: *****17 EPTS CMGO OH SMS uts mm vox rk. t«« 22-23 Oct 22 Oct 24 oci |HHBllillAlilfl3flHi3tfllßHlM9iHaUßHllA^^H tAMH BROOKE *1* Muara. Lib 27-21 Oct 2S Oct 2S Oct «ic**w Mm kmi SIIAITS ST«
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      Page 39 Advertisements Column 2
      2510 39 0 SINGAPORE AGENT: PXrf 1 f AfltQltKAl*G P&O Containers (Singapore Agencies) Pte Ltd ■Ft 4* Mk X O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0206 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 w W •»> 4 1300 C; *PHO *PKQ MM ALQ lOU AMT
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      635 40 CR NBA **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE W./WY STOK MMN/NMM HVIG HOO AHTDE» MTNUM/33W 24/12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTMG BREAKBULK/CONTAMERtSED CARGO Sublet to Inducement. Alao accepting cargo to CaaaManca, Port SaM, Port Alexandria, Genoa, Trieste. ALSO ACCEPTMG CONVENTIONAL CARGO MA T/S TO UK PORTS.
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      1373 40 OHANJIN SHIPPING TO WL I SM ILM HAU. LCB OAK TO VS. Ml I UK-HAUL SAV EM NTC HAMM 10NGKACH 03* 24/10 08KCT lb/11 18/11 HAWM KUNSAN 0801 26/10 K KEELUNE 03* 3/12 4/12 6/12 NMUR ROTTEMMN 02* 1/11 DKCT 22/11 25/11 DSMGUMD BAT 212* 2/11 ft o*o* 0041 18/12
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      1160 40 I n is w u w mi n n ai no uu cm h ntcuw m u iw wtrscanu w- B i smkim cm ti/it a/u 1/11 «/n vu vii u/u 12/1113/11 m/u u/11 27/11 1/1211/12 12/12 22/12 21/12 24/12 a/u vi ivi 11/1 21/1- m 1 52? 4/11 ,/U
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      1798 41 II II ACE: 'HUMBER BRIDGE 25W ETA SGP 24/10/92 II II W ETA LEH 09/TI/92, FLX 10/11/92, RDM 12/11/92, l| to cw*oiMm*wumimio U FEEDER VSL VOY SCP MOTHER VBL VOY 9ET PLD MIN/ VESSEL VOY SOP LOB OAK VAN CHI DAL/HOU MPH ATI. NYK ST PAUL C. PEGASUS 0815 28/10
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      Page 41 Advertisements Column 2
      1107 41 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOtfO—OCCHAftGWG WESTBOUND-LOAONG TRANSHPPED VIA
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      Page 42 Advertisements Column 1
      1525 42 S U T AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CRNo: **********0 M) V W WT TEL: *****77 TELEX: KAWAH R*****5 FAX: *****07/^9 I M. MALAYSIA: *K* LINE MARITIME (MALAYSIA) SON BHD i Am* JL JL TELSA *****00 PK *****01/5 PENANG *****0 J*****01 mmtm KAWASAKI KISEN KAISHA, LTD INDONESIA: PT.SARANALAUTINTERNUSATEL:JICTS7O7I76,S7O7I77.S7O69OB /"EXPORT
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      1078 42 PHILI-ORICNT UN€S PT€ LTD 4^ %(2 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCI ATION awjimw ira yirr~awrr--TTV A 28 OCT SYDNEY. MELBOURNE. BRISBANE, FREMANTLE R rHRISTCHURCH 26 OCT AUCKLAND. WELLINGTON. LYTTLETON, NEW 29 OCT SUVA. NOUMEA. PAPEETA, APIA. LAUTOKIA.
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      1108 43 Mil PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E VOY MN JKT SIN 41N 21/10 17/10 31/10 tcbit.. 25/10 M/ 10 1/11 SRIBAMUT (THAI FLAG) SRS4ON 25/10 28/10 1/11 27/10 30/10 3/11 KOTA BINTANG KBT4ON 27/10 30/10 3/11 31/10 ESTEBAUGGE
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      1329 43 p|p GUDANgT PENANG I PKELANG OCEAN VSI/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 23/10 23/10 24/10 JUTLANDtA 2422 27/10 13/11 15/11 16/11 10/11 E loTio 30/10 31/10 SELANOIA 2432 3/11 20/11 22/11 23/11 25/11 Q 6/11 6/11 7/11 BENALDER 2442 10/11 27/11 29/11 30/11 2/12 E 13/11
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      285 43 I °BSA° TRANSPORTATION MR MYANMA FIVE STAR LINE (Myanmar National Line) Loadmg for Yangon (Rangoon) S'port f JU| Pen P.Gdf PAGAN VIMW 30/1 Nav HP A AW VII3W 4/7 Ho* PAGAN VII9H 15/11 Nw NIGERIAN NATIONAL SHIPPING LINE WiP NIGERIA EXPRESS SERVICE RIVER MAJE VJO SPORE 23 Nov Lagoo 16
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      2424 44 Conventional Semi-Container Full Container Liner Services Liner Services Milaysa's Agents: Indonesia's Ajents: General Agents: Booking Agents: General Agents: Seeking Agents: Gnen Gun Skiing 54n Bkd Cheng Chine Skiing Si> BM f.T- 6Maf Petri Indonesia Maritime Ykk Fung Shipping A Freight Seeking Gnatsm Agmdet Costar Shipping Pte Ltd S**f Freight BeeUag
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      267 44 f—IIOA MDQNESU (S) PTE LTD 1S McCALLUM STREET #03-01/02 NATWEST CENTRE Singly ow OHM Tatec M2H4O HHi Tai: *****01-3 Fuc 228 4030, 227*13* FOR BOOK MOB CALL MRECT UNE TEL: 2222M1/*****43 OM/JAK SERVICE VESSEL VOY SIN JAK PELOPOR 1051 24/10 (SAT) 27/10 (TUE) MAJESTY 913 24/10 (SAT) 27/10 (TUE) ELBE
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      590 45 (ft. FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PREAUS 25/10 ROTTERDAM ***** HAIFA/ASHOOD/ALEXANDRIA 25/10 HAMBURG/BREMEN 25/10 MARSEILLE FRANCE ***** FELIXSTOWE/UK 25/10 BARCELONA/SPAIN 25/10 LEHAVRE/ANTWERP 25/10 GENOA/ITALY 25/10 GOTHENBURG/SCANDINAVIA 25/10 LOS ANGELES/WC/IPI 25/10 SYDNEY/MELBOURNE 25/10 NEW YORK/EC 25/10 FREMANTLE/ADELAIDE 22/10 VANCOUVER 25/10
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      Page 45 Advertisements Column 2
      699 45 [33 RICHFIELD MARINE AGENCIES (S) PTE LTD fil TEL: *****33 (12 Lines) l=| FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) |p§t\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANCHNET 28WB 27/10 DARESSALAAM MOMBASA. OMBOUTI ASSAB MASSAWA ABBAY WON 2
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      Page 45 Advertisements Column 3
      750 45 WWA BMM 163S toM 24/10 THAWA BHUM 02ST W*d to Pt Sal 24 10 1(111 °i? 23/10 26/10 MAHA BHUM# 129W Wtil 21/10 Sun 25/10 HI Ni* S*U4 49S 24/10 IARU BHUM 47N Fri 23/10 MMI 26/10 SSfi WANT A BHUM 24/10 20/10 Kin BHUM 02S 29/10 02/11 HNM MM
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      1480 46 fUU||MAC-NELS GROUPAGE I IV"/ JPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 1 W P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 25/10 26/10 27/10 Hone Kon( Ldn/Fli/Rdm/Ant 29/10 30/10 31/10 28/10 29/10 30/10 Hon| Kon| G'buri/C'hafen/S'holm/Oslo 25/10
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      Page 46 Advertisements Column 2
      329 46 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS sm AKL LYT SM AUST STAR 0530 25/10 7/11 9/11 26/11 PROSPECT 21S 6/11 11/11 20/11 6/12 N Z STAR 0532 17/11 29/11 1/12 17/12 FULLY CONTAINERISED SAILINGS DISCHAROINO AT AUCKLAND, LYTTELTON, ACCEPTINO FCL LCL FOR NEW
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      1158 46 f THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROM) #15-00, #16-00 SM BULDMG SMGAPOtt 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO IMIMWIWM— SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VtSSEL Ivor IS'PORt jpEST VtSttL WT SftE P. KEUWC EQUATOR
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      109 49 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and Kid relevant book reviews. (j L ENTERPRISE MANAGEMENT, in '""X Business Times every Monday, is must reading for managers who want the L^— I competitive
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      378 50 When High-Tech Companies i I j need personnel, W\sr The Straits Times P APPOINTMENTS NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA vigour luzon ae 23/10/92 (fro 28/10/92 two sailings weekly VIGOUR SINGAPORE 26/10/92 (MOW) 31/10/92 MONDAY AND FRIOAY VIGOUR PACFIC 74N8 30/10/92 (FRI) 04/11/92 tdiikit A nm
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      Page 50 Advertisements Column 2
      310 50 .&.COSCO UKC COHVtWnOWAL SERVICE VESSEL PKL PNG P.O. LOADING FOB: A VESSEL 28/10 Rotterdam /An twerp CHINA COHVEHmOWAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/Guangzhou CQBCO FULL CONTAINER SERVICE* (FCL/FCL) EXPORT TO: CHM A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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      Page 50 Advertisements Column 3
      210 50 CONTAINER LINE J I———l y FAR EAST WEEKLY \oJL CONSOLIDATION <J( J-£ 0 C •HONGKONG JAKARTA KOBE KEELUNG/KAOSHIUNG MANILA BUSAN PENANG/PORT KELANC BANGKOK TOKYO/YOKOHAMA/KOBE Tel: 538 0155 OWENS CONTAINER LINE (S) PTE LTD HOHG KONG > 133 New Bridge Road #09-06 Chinatown Point S'pore 01 OS 1N < r 1
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      Page 50 Advertisements Column 4
      41 50 ©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
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  • Page 50 Miscellaneous
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      Page 50 Miscellaneous Column 1
      480 50 TODAY'S TIDES (height in metres) 1 HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 12 09 0 7 08 10 1 3 1.7 2 1 24 24 22 19 1.5 1.3 LI 1.1
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      1063 51 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS HW+ PKE EGD+ SW I RIM ANT* L£H* HAM BNLt FEL SI MMfCR 301N 23/10 23/10 23/10 25/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXPLORER 302* 30/10 30/10 30/10 1/11 20/11 20/11 21/11 21/11 21/11 24/11 H CHALLENGER 3011
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      Page 51 Advertisements Column 2
      470 51 ■nwnvvsp|VT«pß2ivripfnv| STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu m v n mc u TUMM PUAA 1* BJ 23/11 suiutu i i si» si» hi rail i i h/ii HUB OCUO 123 IS/1* Ml 21/11 MSTIUI 1 I 21/11 11/11 CUVM TUMI 21 21/lt 11/11 ctsac
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      Page 51 Advertisements Column 3
      1068 51 r __OUR USA J-**. nT, rI- I"" I" r SERVICE CALLS ■Ml "A" MUNMiIMW MUM IVII U/11 11/11 11/11 11/11 am "I»7iT am SINGAPORE mimw munwhkowt ua nn/h a/11 am am am n/u wu am wu DIRECT EVERY —I »«7 10/11 mmwmWM imzm n-u/ii a/11 n/u n/u n/u B/u «m
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      105 52 I k |> i I ki Hkl aHMMMBIW »ITKI 11 IK^^^^HMMBlmm f PSA BKAJVI TERMINAL CDNGRARJITffICNS PORT OF SINGAPORE AUTHORITY on the Official Opening of its Brani Terminal MNTKu. \\l NIPPON YUSEN KAISHA NIPPON YUSEN KAISHA N.Y.K. Line, a world-wide megacarrier. N.Y.K. AGENCIES (SINGAPORE) PTE LTD 150 Beach Road, #25-00
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      Page 52 Advertisements Column 2
      5 52 Every Saturday in Business Times
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