The Business Times, 23 October 1992

Microfilm: NL18504
Total Pages: 49
1 49 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 Friday, October 23, 1992 75*
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  • NEWS SUMMARY
    • Article
      KL abolishes import duty on cement
      73 1 KUALA LUMPUR The cement import duty of 50 per cent per tonne was abolished effective yesterday, Domestic Trade and Consumer Affairs Minister Abu Hassan Omar said. He said the move was to overcome the problem of short supply of cement experienced since last June.
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    • Article
      UK payments deficit fell in September
      74 1 LONDON Britain had a deficit on its balance of payments current account of £963 million (552.5 billion) in September, down from £1.063 billion in August, official figures showed yesterday. The trade deficit fell to £1.063 billion from £1.151 billion on a revised basis. Exports
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    • Article
      S'pore exports rise
      39 1 SINGAPORE'S non-oil domestic exports in the first nine months of the year grew by a commendable 9.5 per cent in volume terms despite the persistently sluggish economic performance in three of its main markets Page 2
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    • Article
      The best paid
      30 1 WITH a total remuneration of $188,300, the research development director is the bestpaid senior manager around, a survey of 93 multinational and local firms shows Page 2
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    • Article
      Groupe BSN sues Pillai
      24 1 FRENCH Food giant Groupe BSN has filed a suit against biscuit king Rajan Pillai in the Indian courts Page 3
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    • Article
      Learning about Clinton
      28 1 MANY Asian trade interests are scrambling to learn about Bill Clinton, the would-be US president who has been affecting regional markets for weeks Page 8
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    • Article
      Kanemaru's successor
      39 1 KEIZO Obuchi, an aide to expremier Noboru Takeshita, was named successor to disgraced kingpin Shin Kanemaru as chairman of the dominant faction in Japan's ruling party yesterday, but rivals refused to accept the new leader. Page 9
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    • Article
      A mega-port by 2000
      37 1 A NEW container terminal at Pasir Panjang will make Singapore a mega-port when it is completed by the turn of the century, said Prime Minister Goh Chok Tong yesterday. Shipping Times Page 1
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  • MARKET SUMMARY
    • Article
      Dow higher
      31 1 WALL STREET showed a small gain in early trading yesterday. The Dow Jones average of 30 industrials rose 5.4 points to 3,192.51 at 1430 GMT in the first hour.
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    • Article
      Footsie higher
      23 1 LONDON share prices were higher at midday yesterday. At 1200 GMT, the FT-SE 100share index was up 32.5 points at 2,678.2.
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    • Article
      Creative's sound profit
      25 1 HOMEGROWN computer firm Creative Technology enjoyed its best-ever performance in the September quarter, registering a four-fold jump in net income. Page 4
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    • Article
      Shakey's sued
      24 1 A GROUP of franchisees filed a suit against In no-Pacific's Shakey's pizza franchise in the US, alleging breach of contract Page 4
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    • Article
      US stocks seen falling
      28 1 THE US stock market should shortly resume its slide into the Nov 3 presidential election, some technical analysts assert with considerable conviction Page 6
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    • Article
      A record on Simex
      34 1 A SURGE in trading interest in the Eurodollar futures contract pushed daily volume on the Singapore International Monetary Exchange (Simex) to an all-time high of 136,058 contracts yesterday Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 632.09 +0.33 Kuala Lumpur ....623.87 +8.02 Tokyo 17,013.04 -128.48 Hongkong 6,329.12 +128.27 Sydney 1,448.2 4.3 Wednesday Change New York 3,187.10 +1.08 London 2,645.7 +28.7
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.6170 100 Yen SS 1.3205 MS SS 0.6447 Mocwy irwiktt rstcs Overnight 1 1/4 -1/2 3-month 1 7/8 -1/8
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    • Article
      COMMODITIES
      29 1 London Gold AM fix USS342.80 -US$0.70 Rubber S'pore Nov 143.00*/kg -0.50 M'sia Nov 223.50*/kg unch KL Tin Turnover 53tonnes +2 Spot MS14.18/kg -0.10 .3,4 Nov MS893 /tonne +3
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  • Article
    KL stocks now account for half of SES turnover
    650 1  -  But analysts are uncomfortable with market's dependency on Clob By Moiz Tyebally, Quak Hiang Whai SINGAPORE Speculative fervour in Malaysian stocks has boosted trading on the local stock exchange, which until recently was beset by dwindling volumes. Malaysian stocks now account
    650 words
  • Article
    Lock icon Gatt talks collapse as US quits
    368 1 EC denies end of negotiations, pledges to keep discussions going AFP, Reuter BRUSSELS Negotiations between the European Community (EC) and the US on a General Agreement on Tariffs and Trade (Gatt) deal to free up world trade into the next century have collapsed. "I
    AFP,; Reuter  -  368 words
  • Article
    Indon property market takes step forward with strata titles
    348 1  -  From Maggie Ford in JAKARTA OFFICE space is to be sold in Indonesia under strata title for the first time by Lippo Land Development, which is constructing a USs6om (Ss96 million) office tower in the centre of Jakarta's business district. Prices
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  • Article
    Singapore is cheaper than people think, says Visa survey
    332 1  -  By Sylvia Wong SINGAPORE Singapore is not as expensive as travellers and locals think it is, according to credit card company Visa International. Visa said its survey of travel costs in 10 capitals in the region showed that local prices were
    332 words
  • Article, Illustration
    Ramos pushes strongly for Afta as meeting opens
    485 1  -  24th Asean Economic Ministers meeting From Yang Razali Kassim in MANILA THE 24th Asean Economic Ministers (AEM) meeting opened yesterday with a call by Philippine President Fidel Ramos to waste no time and push on with an Asean free trade plan. He
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      121 1 laseans I'll I COMPUTER PRINTER I RIBBON MANUFACTURER I Aircraft Schedule 29 *t/Bkk/Chma Stocks 23 TV Radio 12 Commodities 28 KISE 21 Unit Trusts 20 Company News 4-6 Money Changer Rates 29 Weather 29 Crypbc Crossword 29 Money Market 27 World News 9 Editorial 10 Regional News 8 Financial News
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      Page 1 Advertisements Column 2
      90 1 Hock Lock Siew SIA shares: Buy or avoid? Pg 4 jRg K>pOFTHE Join us at the top. Enjoy the best Beijing BS ri I cuisines specially prepared by our master K| fl 2|9 chef. All yours to savour, amidst the grand BB 9 1 panorama of the city and southern
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      33 1 f Chesterton INTERNATIONAL International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 Thailand pledges foil support for Alia, Pg 3 All must make sacrifices for Alia to work: Rafidah, Pg 3
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  • PAGE 2 NEWS
    • Article
      S'pore non-oil exports up 9.5pc in first 9 months
      444 2  -  By Schutz Lee SINGAPORE Singapore's non-oil domestic exports in the first nine months of the year grew by a commendable 9.5 per cent in volume terms in spite of the sluggish economic performance in three of its main markets the US,
      444 words
    • Article
      R&D director is best-paid manager
      484 2  -  Research and development jobs command premium of 14pc: survey By Anna Teo SINGAPORE With an annual basic salary of $138,600, the research development director is the best-paid senior manager around, a survey of 93 multinational and local companies shows. Add the bonuses and allowances, and
      484 words
    • Article
      Lock icon KL urged to act quickly on infrastructure bottlenecks
      327 2 AFP KUALA LUMPUR An infrastructure crunch threatens to overwhelm the Malaysian economy and the government is turning a deaf ear to the alarms bells, economists and industrialists say. Malaysia will lose its competitive edge, they warn, if the foot-dragging continues in committing
      AFP  -  327 words
    • Article
      Lock icon Details of Securities Commission plan
      223 2 Bernama KUALA LUMPUR Details of Malaysia's proposed Securities Commission were unveiled in Federal Parliament yesterday by Finance Minister Anwar Ibrahim. Tabling the Securities Commission Bill 1992, Mr Anwar said the commission would be funded by a levy on all stockmarket transactions. The size of the
      Bernama  -  223 words
    • Article
      Suntec City awards 3 deals worth $47m
      178 2 SINGAPORE Suntec City Development Pte Ltd, the owner and developer of the huge Suntec City project, has awarded three mechanical and electrical contracts, worth a total of $47.6 million. In a statement yesterday, Suntec said it had chosen Ryoden (S) to supply, install
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    • Article
      Norwegian investigators yet to meet Khamis
      237 2  -  Probe into Christiania Bank letters of credit By Dawn Tan SINGAPORE Norwegian investigators examining the grant of $72 million letters of credit to businessman Elyamani Khamis have made contact with his Singapore lawyers but have yet to see the man himself. The investigators, who
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    • Article
      Thailand pledges full support for Afta
      540 3  -  24th Asean Economic Ministers Meeting Bangkok says its position has been misunderstood Reports by Yang Razali Kassim in MANILA THAILAND yesterday assured its Asean partners that it would cooperate with them to ensure that the Asean Free Trade Area pushes through as planned. This
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    • Article, Illustration
      All must make sacrifices for Afta to work: Rafidah
      243 3 MANILA Industries in Malaysia. Indonesia, Thailand and the Philippines will have to make some "sacrifices" when the Common Effective Preferential Tariff (CEPT) scheme is successfully launched on Jan 1. Those which are not efficient will have to upgrade their efficiency to
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    • Article
      Thai businessmen support Oman's first policy statement
      362 3  -  From Andrew Cooke in BANGKOK THAI businessmen yesterday .threw their weight behind ihe Chuan Leekpai government's first policy statement, although some criticised it as being "too vague". Investors signalled their support for the statement by pushing the Stock Exchange of Thailand Index up
      362 words
    • Article
      French partner BSN sues Raj an Pillai in Indian courts
      470 3  -  By SN Vasuki SINGAPORE Biscuit king Rajan Pillai's woes have worsened. French food giant Groupe BSN, which has a 50 per cent stake in Mr Pillai's Britannia empire, has filed a suit against him in the Indian courts. Indian newspaper
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      Page 2 Advertisements Column 1
      108 2 T.-rl- a.'rf t system that changes use you seek to manage that can be adjusted ly Because you desire ige yet would nke the brie, glass or painted I give expression to the Because you seek built- i»gjT»d«dble M e«. i:.=- i #fe%4 uae the ergonomics or WmwWftrite 1 furniture
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      902 3 S THE FUJI BANK,LIMITED (Incorporated in Japan) Non-Consolidated Balance Sheets Non-Consolidated Statement of Income As at March 31. 1992 For year ended March 31. 1992 Millions of yen Millions of yen 1992 1991 1992 1991 INCOME ASSETS Interest Income: Cash and Due from Banks ¥10.110,408 ¥11.740.707 Interest on Loans and
      902 words
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      Page 3 Advertisements Column 2
      105 3 ELVIS PLACE (DUXTON HILL) TAPS (BOAT QUAY) GENESIS (PARAMOUNT SHOPPING CEN PI 1 W s —iii II "iii H ITM MHI B MI \<<Wm Ip I v<lT When O |j| FINER "HI LIFE ARE WITHIN w g|| IT'S ONLY NATURAL TO REACH < M FOR A Glenfiddich. And NOW WHEN
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Metroplex posts 19pc rise in operating profit
        45 4 KUALA LUMPUR Medium-sized property developer Metroplex Bhd has announced a 19 per cent increase in group operating profit to M$ 19.772 million (S$ 12.75 million) for the six months ended July 31, 1992, from M 516.678 million previously.
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      • Article
        Pentex Circuits sells property
        65 4 SINGAPORE PCB maker Pentex Circuits Pte Ltd, a wholly-owned subsidiary of Pentex Schweizer, has sold a leasehold property at 42 Kian Teck Rd for $1.3 million. The land, with a net book value of $690,518, was sold to Goh Eik Toop, Ong Kwee Siew, Goh Kok
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      • Article
        SCS gets video distribution rights
        55 4 SINGAPORE Systems integration group Singapore Computer Systems (SCS) has signed a three-year contract to distribute James Martin Insight's video programmes on retooling information systems. The exclusive distribution rights were expected to rake in US$5OO,OOO (S$800,000) for SCS in the first year, said its regional director
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      • Article
        Tampines complex deal signed
        32 4 SINGAPORE DBS Land Ltd, NTUC Fair Price and their Malaysian partner, Quek Shing Sons Pte Ltd, have signed a joint-venture agreement to develop a retail complex in Tampines.
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    • Article
      Liang Court paying $41m for Telok Blangah land
      287 4  -  Group plans to redevelop former Bata Building site By Hong Lee Tiam SINGAPORE Liang Court Holdings Ltd bought the former Bata Building site at Telok Blangah Road from Lim Teck Lee Pte Ltd for $41 million yesterday. The retail and property company
      287 words
    • Article, Illustration
      Creative Tech's earnings up 4 times in Sep quarter
      443 4  -  Current quarter expected to be even better By Joseph Rajendran SINGAPORE Homegrown computer firm Creative Technology enjoyed its best-ever performance in the September quarter and the current quarter looks likely to be better still. The company, set up on a shoestring
      443 words
    • Article, Illustration
      Shakey's sued by franchisees in US
      411 4  -  By William Chia SINGAPORE Financiallytroubled Inno-Pacific Holdings Ltd was dealt another blow last week when a group of franchisees filed a suit against its Shakey's pizza franchise in the US. Inno-Pac said yesterday these franchisees, representing 31 per cent of Shakey's restaurants in the
      411 words
    • Article
      Tuan Sing plans Oxley Rise building
      199 4 SINGAPORE Propertybased Tuan Sing Holdings may build an eight-storey commercial-cum-residential building in Oxley Rise. In a circular on its two-for-two rights issue plus warrant yesterday, the group said the Urban Redevelopment Authority had granted provisional permission for the project, which will cost about $21.2
      199 words
    • Article
      Wepco planning to diversify to widen earnings base
      372 4  -  By Teh Hooi Ling SINGAPORE Lossmaking Wepco plans to diversify into original equipment manufacturing to widen its earnings base. The Sesdaq-listed electroplating company, which has recently gone into the distribution of computer-related products through RSP Asia Pacific, intends to use the distribution
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    • Article
      Stamford Tyres to move into China, Vietnam
      302 4 SINGAPORE Sesdaqlisted Stamford Tyres Corporation, which is seeking opportunities for growth, plans to enter the Chinese and Vietnamese markets soon. The tyre distributor set up a joint venture in Hongkong last week and is planning to open a subsidiary in Vietnam's Ho Chi
      302 words
    • Article
      The silver lining in SIA's grey skies
      617 4  -  THE HOCK LOCK SIEW COLUMN National carrier can weather whatever turbulence that lies ahead By Conrad Raj SINGAPORE Analysts are in a turmoil over the prospects for national carrier Singapore Airlines. At least one stockbroking house has recommended that the stock be avoided,
      617 words
    • Article
      Fletcher unit shifts Asian operation to Malaysia
      462 5  -  Move from Australia aimed at penetrating Pacific Rim markets From Florence Chong in SYDNEY NEW ZEALAND builder Fletcher Construction has relocated its Asian operation from Australia to Malaysia, where it is quickly putting together a sizeable order book. The company has also had
      462 words
    • Article
      Lock icon Hutchison chief denies reports of cutbacks overseas
      273 5 Reuter HONGKONG Hutchison Whampoa chief executive Simon Murray has denied news reports of major cutbacks in the overseas operations of communications subsidiary Hutchison Telecom. He said on Wednesday that the company had decided not to go for any additional licences in Hongkong and
      Reuter  -  273 words
    • COMPANY BRIEFS
      • Article
        China Travel Service to announce HK flotation
        108 5 HONGKONG China Travel Scrvice (Holdings) Hongkong Ltd (CTS), one of the biggest mainland firms operating in Hongkong, will announce next week a proposed listing of its subsidiary on the local bourse. It said it would give details of the listing of China Travel
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      • Article
        Matsushita to revamp operations
        70 5 TOKYO Japan's Matsushita Electric Industrial Co Ltd is revamping its South-east Asian activities to allow local plants to specialise in the production of specific household appliances, a spokesman said yesterday. The move by the company so far affects plants in Malaysia and Thailand. But similar plans
        70 words
      • Article
        Rules on Indian ventures abroad
        69 5 NEW DELHI Indian firms wanting to put money in overseas joint ventures will be given automatic approval in 30 days to buy equity worth up to US$2 million under liberal rules announced on Wednesday. Indian shareholders in overseas joint ventures would also be allowed to
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      • Article
        Daewoo seeks govt approval
        77 5 SEOUL South Korea's Daewoo Group said it had filed for formal government approval of its long-awaited plans to end its 50-50 manufacturing joint venture with General Motors Corp. Daewoo would buy out the GM stake in the joint venture, Daewoo Motor Co Ltd, for about US$l7O
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      • Article
        Giordano chief sells 5pc of stake
        70 5 HONGKONG Giordano Holdings chairman Jimmy Lai Chee-ying has sold down 5 per cent of his stake in the company, raising HK$ 108.75 million (5522.75 million) of working capital for the China joint venture Tiger Enterprises. Baring Securities said the placement of 30 million shares
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    • Article, Illustration
      Lock icon Murdoch to bid for Aussie TV network: reports
      323 5 Reuter SYDNEY Rupert Murdoch's News Corp is involved in an As24o million (*****.6 million) bid for Australia's Ten television network, which he sold in 1987 at four times the current price, media reports said yesterday. News Corp said the reports were speculative.
      Reuter  -  323 words
    • Article
      Lock icon Korean firms move US plants to Mexico
      218 5 AF SEOUL South Korea's two major electronics firms, Samsung and Goldstar, are moving unprofitable television plants out of the US to take advantage of lower wages in Mexico. Also for wage reasons, dozens of South Korean companies are rushing to build plants in
      AF  -  218 words
    • Article
      Lock icon Small groups helping Japanese co-ops to grow
      243 5 NYT TOKYO While many consumer cooperatives in Europe have faced bankruptcy or fallen into financial difficulties in the 1970s and 1980s, Japanese co-ops have grown rapidly, thanks to the formation of small groups of members. The Japanese Consumers Co-operative Union (JCCU) says it
      NYT  -  243 words
    • COMPANY BRIEFS
      • Article
        US to impose duties on South Korean chips
        102 6 NEW YORK Texas Instruments Inc and Micron Technology Inc won a round on Wednesday in the memory chip trade wars when the US Commerce Department said in a preliminary ruling that it would impose anti-dumping penalties against South Korean chip makers. The
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      • Article
        MCI, Ameritech quarterly results
        96 6 NEW YORK MCI Communications Corp, America's sec-ond-largest long-distance carrier, reported on Wednesday that third-quarter net income had risen 13.6 per cent to US$l59 million (***** million) and that telephone traffic, or how long its customers talk on its network, had risen nearly 15 per cent. At
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      • Article
        Bourse reporter in danger
        59 6 VANCOUVER Canadian police said here on Wednesday they are investigating information that a contract may have been taken out on the life of a veteran newspaper journalist, David Baines. The Vancouver Sun reporter has written extensively about the Vancouver Stock Exchange (VSE) and has won numerous
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      • Article, Illustration
        Buying spree in Jordan
        46 6 AMMAN Jordanian brokers in Amman's stock exchange receiving buying orders from investors in the crowded trading hall yesterday. Trading on Jordan's stock exchange has been hectic as investors with lots of cash and few investment outlets keep volumes to near record levels.
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      • Article
        W German firms seek new terms
        56 6 BERLIN The Treuhand'privatisation agency on Wednes- day said some west German companies were seeking to revise contracts for firms they purchased in the former East Germany. The business Wirtschafts Woche magazine said west German companies were seeking the revision due to huge losses sustained
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    • Article, Illustration
      Lock icon Some analysts see Wall Street resuming slide into election
      748 6 Knight-Ridder NEW YORK The US stock market should shortly resume its slide into the Nov 3 presidential election, some technical analysts assert with considerable conviction. Many of these analysts are long-term bears on the stock market, but some are decidedly not.
      Knight-Ridder  -  748 words
    • Article
      Lock icon Trafalgar House makes sweeping board changes
      391 6 Chairman and chief executive make way for new blood Reuter LONDON Shipping and engineering group Trafalgar House announced on Wednesday sweeping board changes in which chairman Nigel Broackes and chief executive Eric Parker will step down after more than 25 years of service each.
      Reuter  -  391 words
    • Article
      Lock icon East European bourses find it tough going
      301 6 Reuter WARSAW Bourse officials from Eastern and Central Europe are finding it harder than expected to develop capital markets and stock exchanges since the collapse of communist rule. Delegates meeting in Warsaw to compare notes on progress in creating capital markets agreed on
      Reuter  -  301 words
    • Article
      Lock icon Consortium puts Wilkinson Sword up for sale
      249 6 FT LONDON Wilkinson Sword has been put up for sale by Eemland Holdings, the consortium of international investors which three years ago bought the shaving products and toiletries manufacturer from Stora Kopparberg of Sweden. Eemland chairman Mike Dowdall said on Wednesday that the
      FT  -  249 words
    • Article, Illustration
      Lock icon Texaco's profits drop 5.9pc; Amoco's soar 61pc
      416 6 NYT NEW YORK Texaco Inc reported on Wednesday that third-quarter earnings declined 5.9 per cent while Amoco Corp's net income soared 61 per cent. They were the first oil giants to report earnings for the quarter and both benefited from higher natural gas
      NYT  -  416 words
    • Article
      Lock icon First-half profits at defence firm Thomson-CSF plunge by 25pc
      270 6 Reuter PARIS French state-con-trolled defence electronics firm Thomson-CSF said that its first-half profits fell by 25 per cent, adding that it expected lower profits for 1992 as a whole. In an apparent reference to its stake in French bank Credit Lyonnais,
      Reuter  -  270 words
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      323 4 IN THE MARKET PAGES KL stocks hits year's high 21 Hang Seng at record high 24 USAGE OF DERIVATIVES IN MONEY MARKETS I A 2-day seminar sponsored by I REUTERS SINGAPORE PTE LIMITED I SEMINAR OUTLINE: This intensive seminar was developed for corporate officers, fund H managers and other investment
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      212 5 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
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      Page 5 Advertisements Column 2
      469 5 A Zodiac Automat* 1 l (Dome mineral glass. anti-reflection treatment) Adventurers who love the challenge of the sea, know they can rely on the sturdy resilience of a Zodiac. Screw-locked into a block of solid steel (to match their nerves), it is a watch that will steadfastly withstand the VEa
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      135 6 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
      135 words
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      10 6 Hurricane Andrew; world's costliest natural disaster for insurers, Pg 7
      10 words
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  • FINANCIAL NEWS
    • Article
      Surge in Eurodollar trade sends Simex volume to new high
      312 7  -  By Shoeb Kagda SINGAPORE A surge in trading interest in the Eurodollar futures contract pushed daily volume on the Singapore International Monetary Exchange (Simex) to an all-time high of 136,058 contracts yesterday. The previous record held for three years was
      312 words
    • Article, Illustration
      Lock icon UK interest rate set to fall as govt stresses growth
      290 7 Reuter LONDON Britain's interest rates may drop at least one percentage point by year's end to reflect a shift in government policy towards emphasising growth rather than controlling inflation as its main objective, economists said. "Given the greater emphasis on
      Reuter; Source: Datastream  -  290 words
    • Article
      Lock icon Hurricane Andrew's insured losses hit record US$10.7b
      344 7 AP MIAMI The insurance industry on Wednesday raised its estimate of damage from Hurricane Andrew from US$7.B billion (5512.5 billion) to US$lO.7 billion, making it the world's costliest insured loss from a natural disaster. Previous records were the US$B.5 billion in insured losses
      AP  -  344 words
    • Article
      Lock icon Credit Lyonnais set for BFG buyout
      197 7 FT FRANKFURT Credit Lyonnais, one of France's largest banks, is in the final stage of negotiations to buy a controlling stake in BFG Bank, the financially troubled German bank owned by Aachener und Munchener Beteiligungs, the German insurance group, and the BGAG German trades
      FT  -  197 words
    • SMALL CHANGE
      • Article
        Japanese banks urged to review EC strategy
        61 7 LONDON Japanese financial institutions must review their expansion strategy to cope with possible regionalisation, rather than unification, of European financial markets, a London-based Japanese economist said. Noriko Hama, chief economist at Mitsubishi Research Institute, told a seminar that Japanese financial institutions must look
        61 words
      • Article
        Bundesbank bailed out franc
        81 7 PARIS The German Bundesbank lent France 160 billion French francs (5550.4 billion) to defend the franc during the recent currency crisis, Finance Minister Michel Sapin told a cabinet meeting here on Wednesday. The battle to defend the franc against speculation and devaluation was finally won a
        81 words
      • Article
        Bond delayed due to US turmoil
        98 7 HONGKONG Turmoil on US bond markets forced the Asian Development Bank on Wednesday to postpone its second bond issue in the "little dragons" of Hongkong, Singapore and Taiwan, the Manila-based bank said. In a statement issued here, the ADB said it had delayed the
        98 words
      • Article
        BCCI fraud evidence
        103 7 LONDON The Bank of England had documented evidence of fraud at the Bank of Credit and Commerce International (BCCI) four months before it was closed, financial sources said on Wednesday. The central bank has insisted that it acted as soon as it had evidence of fraud there.
        103 words
    • Article
      Lock icon Japan bank mergers not imminent despite rumours
      337 7 Reuter TOKYO Rumours of more mega-mergers between Japanese banks refuse to die down but analysts and industry sources predicted yesterday there won't be any new marriages soon. Banks, many burdened with bad loans and facing an unknown landscape of deregulation after 1993, are
      Reuter  -  337 words
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      93 7 11 The top-of-the-range Peugeot 605 renders beautiful all that Is Ai*. li^^HSR functional and functional I. I S it offers the kind of elegance, luxury and comfort demanded by any &£ij[^^^HKr--^BHI cflicerning indivldual. For a r successful executive who pre- fers to stand ou|pf the norm, Peugeot than an astute
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  • THE REGION
    • NOTE BOOK
      • Article
        Viet PM wants tougher crackdown on graft
        59 8 HANOI Vietnamese Prime Minister Vo Van Kiet favours the creation of special courts and other tough measures to fight corruption, the communist party newspaper Nhan Dan said on Wednesday. He has called for a harsher crackdown on corruption and for new measures to
        59 words
      • Article
        Stronger Aussie recovery seen
        61 8 CANBERRA Australia's economic recovery should pick up next year on even the most gloomy assumptions but unemployment will stay above 10 per cent, a leading economist said here yesterday. Ed Shann, director of the forecasting firm Access Economics, also said that interest rates were set to
        61 words
      • Article
        Aircraft production to go on
        61 8 JAKARTA Indonesia will not stop producing CN-235 aircraft despite a crash last weekend in which 31 people were killed, Antara news agency reported. "There are 60 planes of the type used by companies all over the world," said Research and Technology Minister Bacharuddin Habibie. "So
        61 words
      • Article
        Jakarta woos HK investors
        68 8 JAKARTA Indonesia has invited investors from Hongkong to relocate their industries to the country, Antara news agency said yesterday. "Here you can find enough facilities for your investment projects besides a great number of workers," Antara quoted Industry Minister Hartarto as saying to a visiting Hong
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      • Article
        KL probing veil threats: report
        54 8 KUALA LUMPUR The federal government is investigating reports that authorities in Kelantan state are threatening Muslim women who refuse to wear head veils. The Star newspaper reported on Wednesday. It quoted a deputy minister as saying that the government would act against the officials if
        54 words
    • Article
      Lock icon Asians scramble to figure out Clinton's stance on trade
      461 8 Would-be US president causing jitters in region Reuter HONGKONG With the odds on a Democrat in the White House rising daily, Asian trade interests are scrambling to learn about Bill Clinton, the would-be president who has been affecting regional markets for
      Reuter  -  461 words
    • Article
      Lock icon Plan to trim Thai army seen as bid to keep it out of politics
      413 8 Reuter BANGKOK Thailand's new government hopes that having fewer military men with more soldiering to do will steer the armed forces away from political meddling. military analysts say. In a policy speech to Parliament on Wednesday,
      Reuter  -  413 words
    • Article
      Lock icon Development won't be at expense of environment, says KL
      259 8 AFP KUALA LUMPUR Malaysia, targeted by Western environmentalists for allegedly mismanaging its resources, said yesterday that all future development plans would be environmentally sound. The beauty of the country would not be desecrated for economic advancement. Environment Minister Law Hieng Ding
      AFP  -  259 words
    • Article
      Lock icon US expected to restore Viet ties by January
      263 8 Reuter LOS ANGELES The Bush administration is moving towards restoring normal relations with Vietnam before the next US President is inaugurated in January, it was reported on yesterday. The Los Angeles Times quoted a White House official as saying President George Bush
      Reuter  -  263 words
    • Article
      Lock icon Wanted: Capitalists to run Myanmar's state enterprises
      215 8 AP YANGON tA Myanmar government has illunched an advertising campaign in state-owned newspapers to bring private capital and private management into stateowned enterprises. The government placed advertisements for "capitalists" in the state-owned Working People's Daily newspaper, offering to lease or operate in partnership,
      AP  -  215 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      150 8 GA*****FC8 *Sfvtct ttan October 31 Most businessmen will welcome the arrival of our new Airbuses with open arms. A businessman shouldn't be restricted to the open broadsheet newspaper in complete comfort, We have invested in nine of these spacious On each of these flights our aim will be to pages
      150 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Keizo Obuchi named successor to Kanemaru
      466 9 Rivals backing Finance Minister Tsutomu Hata withhold approval Reuter TOKYO Keizo Obuchi, an aide to ex-premier Noboru Takeshita, was named successor to disgraced kingpin Shin Kanemaru as chairman of the dominant faction in Japan's ruling party yesterday, but rivals refused to accept the new
      Reuter  -  466 words
    • Article
      Lock icon China sees growth topping 10pc
      165 9 AFP BEIJING China's economic growth will exceed 10 per cent this year, above what its leaders were hoping, the government said yesterday. State Statistical Bureau spokesman Zhang Zhonji said at a press conference that gross national product (GNP) had grown 10.6 per cent in the
      AFP  -  165 words
    • WORLD WATCH
      • Article
        Canada likely to okay plutonium shipment
        67 9 OTTAWA Canada is expected to approve within days a shipment to Japan of plutonium from a repro•cessing plant in France, a spokesman for Canada's Atomic Control Board said on Wednesday. Environmental groups want the shipment of a tonne of refined plutonium stopped for safety
        67 words
      • Article
        Nato keeps first strike option
        72 9 OLENEAGLES, Scotland It is scrapping masses of nuclear Weapons and changing its cold warrior tune, but Nato insists 151 keeping at least one holdover from the days of superpower confrontation the option to fire first. Defence ministers of the North Atlantic Treaty Organisation adopted on
        72 words
      • Article
        Big flap over small debt
        46 9 PARIS Embarrassed French officials on Wednesday withdrew threats to sue 15 families over debts of one-centime (about 0.3 Singapore cents). Officials at the state family allowance authority in the Bordeaux region blamed an overzealous computer for automatically sending out the summons.
        46 words
      • Article
        EC targets phone monopolies
        39 9 BRUSSELS The European Commission said on Wednesday that it wants to cut the cost of phone calls between European Community countries by breaking national phone companies' monopolies and allowing others to offer a competing service.
        39 words
    • Article
      Lock icon Clinton struggling to calm financial markets
      272 9 IMSi Reuter WASHINGTON US presidential frontrunner Bill Clinton is having a hard time convincing financial markets tfiat he is a new kind of Democrat who won't bust the budget in his drive to spiir the flagging economy. He has said repeatedly tha foe is
      Reuter  -  272 words
    • Article
      Lock icon How useful are polls?
      151 9 Reuter "WASHINGTON With the 3992 US presidential cam--paign moving into the home -siretch, some political experts wondering if public opinion polls have become too influential. The experts fear that polls C-4 which have become a big:#r component of political strategy and political reporting in each successive
      Reuter  -  151 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      161 9 For 300, Which Would You Buy: a one-of-a-kind Hand- a One-Of-A-Thousand woven Persian Rug? Mass-produced Look-Alike? Come to Hassan s at Raffles home from as little as a few Hotel from now to Ist November A E hundred dolla What's more, a and introduce yourself to a world NOW TT?
      161 words
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  • Article
    Major's minefield
    468 10 EDITORIAL FACED WITH public outrage of an unprecedented scale and a virtual mutiny within his party ranks, British prime minister John Major has backed away from an ambitious but brash plan to wipe out much of the nation's ailing coal industry. There is something about coal which inflames
    468 words
  • WHAT THE OTHERS SAY
    • Article
      Finding the right number
      281 10 AFTER doctors, lawyers. In short order there would be too many of them, the government says, so the Prime Minister has signalled intervention to moderate supply. Whereas pushy parents and bright-eyed young people are wont to see this in familial terms of ambitions cramped or social
      281 words
    • Article
      The age of rising needs
      108 10 THE government has gone to charts and figures in an attempt to convince Singaporeans that contrary to popular belief, the cost of living has not gone beyond the reach of the average people. In fact it is because the average Singaporean is very much driven
      108 words
    • Article
      New blood for the Party
      113 10 AS THE 14th Chinese Communist Party Congress contained strong shades of Mr Deng Xiaoping, many are worried that a new state of political unrest will emerge to upset China's modernisation programme once the paramount leader dies. This fear is not irrational nor unfounded. But we
      113 words
  • REGIONAL VIEWPOINTS
    • Article
      Calling Japanese firms
      178 10 COUNTRIES in South-east Asia are looking towards Japan with rising expectations. And why not? As an economic superpower, it is expected to play a bigger and more crucial role on the world stage. Undoubtedly Asian countries will continue to look towards Japan, to exert its influence in
      178 words
    • Article
      Signs of the times
      144 10 WHETHER or not a durable economic boom in China can be taken to pose a threat to the security of smaller countries in the Asia-Pacific region will obviously depend to a large extent on the degree of pragmatism, as contrasted to ideology, that prevails among the
      144 words
    • Article
      Japan is mortal too
      180 10 JAPAN has in fact not shown any desire at all to lead Asia. Besides, as the public trauma over the sending of a peacekeeping force to Cambodia shows, domestic sentiment and constitutional restraint make it almost politically impossible for Japan to project naval power much beyond
      180 words
  • Article, Illustration
    Lock icon Reversal of fortune
    955 10  -  Another stereotype bites the dust. Ruth Youngblood looks at the new breed of Japanese tourist who, hit by recession, is forgoing brand names for bargains Ruth Youngblood UPI THE IMAGE of the globe-trotting, wildly spending Japanese tourist coveted by merchants everywhere is fading as the recession forges
    UPI  -  955 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      57 10 CONVBiSffIONS "It's a very I raitles sad commentary that anybody v Wo/for Woon one Singaporean who speaks his mind, and then some. The law lecturer and Nominated f Member of Parliament reflects on the controversy his recent remarks created. And makes a few more Jpßp provocative statements. V IN EXECUTIVE
      57 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 POONESBURY GARRY TRUDEAU MR.PER!3T,ASYOUNOtu \I- ARB YOU SURE, UMTPO TT SAV.TM MAR- 9€* A MXJ.fVNNHGFOR FAMILY F&US ABOUT S#t THEOAY RJtOTOAPSrOCHC. SAINT. PRBStDBNT CAN BB I XXJK JUMP/NO BACK M YOUP6CLARERI UPWTO ANPTM&SNOTA AUJRLP al INTO The FRAY.7WU6HTHER. rf£)y, CHMN7HN6ICAN CLASS TACBSATPTTALL. DO ABOUT IT' ym
      46 words
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  • ANALYSIS
    • Article
      Lock icon The unpredictability of a weak Russia
      901 11  -  Andrei Kozyrev warns the West of the danger of not fully understanding the significance of a weakened, post-Communist Russia Andrei Kozyrev The writer is Russia's Foreign Minister. This article first appeared in Moscow News, a liberal weekly newspaper published in the Russian capital NYT
      NYT  -  901 words
    • Article, Illustration
      Steering clear of a sliding market
      1280 11  -  The enthusiasm that Singapore investors used to reserve for the Australian property market has waned somewhat. BT s Sydney Correspondent Florence Chong looks at the reasons why Florence Chong ONE OF Australia's largest institutional investors in landmark properties there was in Singapore early this
      1,280 words
    • Article
      Lock icon The threat of oblivion
      657 11  -  The reputation of Germany's Bundesbank as a sound monetary bastion may soon be a thine of the past, writes Craig R Whitney Craig R Whitney NYT SHOULD European monetary union some day become a reality, one of the world's most powerful and influential institutions the Bundesbank
      NYT  -  657 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      120 11 Before you take your first step, we take 250. SINCE 1873, Church Company has to elegant Available at Isetan Orchard, Robinsons, been producing classic English shoes. city shoes Sogo and Cinderella Shoe Boutique Some 250 stages go into the making of and relaxing J (Shaw Centre). a pair as they
      120 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      615 12 M Nothing Beats A Bud, OF The BEST of EAST and WEST ...at Plum's high tea is a marriage of the most enticing kind. Delicious local snacks and desserts are match-made with the traditional English tea complete with delectable scones and finger sandwiches. An irresistible combination at $1520* per person,
      615 words
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      Page 12 Advertisements Column 2
      237 12 WHERE TO WINE, DINE... JON THE PUSHERS AND HAVEA UUI Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at $3 a glass and $12 a jug are about the best offers in
      237 words
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      Page 12 Advertisements Column 3
      382 12 We VE JUST BRED A NEW WINNER at The Stables ?^HRSHk«f^^^^H^§BIIHIGv T V| m. Wr am w The Businessmen's Derby Lunch t&flP A delectable choice of appetisers and soup. foUowc( closely by your pick from five delightful r Y\y main dishes and a selection of desserts Finish M Boor with
      382 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      656 12 TELEVISION AND RADIO qt) TmnrpQQinniQt SBCI2 wan,e<i business ON RADIO Vll.l. vjoiuilljl 7 Trim" 1 by 245 Clw 830 UyTSJIE'M) BBC, M.9 mHz in VHF Band II —1 B°° Columbus and the Age of Dis- 10.00 World News (M). 1.30pm, 5.05pm, 1.05 am: ■EE3SM39H «*"> The C oluTb,an Ex- 555
      656 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The two faces of Godard
      1051 13  -  After his halcyon days, director Jean-Luc Godard is ready to let his mellower self savour the simple things in life. Alan Riding meets the man Alan Riding NYT Listening to Jean-Luc Godard is much like watching his films jumpcuts, non sequiturs, ample philosophising, occasional intimacies,
      NYT  -  1,051 words
    • Article, Illustration
      Lock icon Hope amid hardship
      803 13  -  David Morgan talks to Doris Lessing about her latest book David Morgan Rcuter IN AN AGE that sometimes seems to belong to the rich and the cynical, Doris Lessing has written a book in which the heroes are poor black people with an uncompromising sense of optimism.
      Rcuter  -  803 words
    • Article, Illustration
      Von Bulow taking publisher to court
      649 13 CHATTERBOX CLAUS VON BULOW has headed back to court. The socialite is suing a London publishing company over an allegation that he tried to kill his American heiress wife, "Sunny", by injecting her with insulin. Von Bulow was convicted of trying twice to kill
      649 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      188 13 AND ENTERTAIN Sumptuous Salmon The King of Fish reigns supreme this month at Cafe-in-the-Park 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 For mentations, please call
      188 words
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      Page 13 Advertisements Column 2
      148 13 Club 1 Barbecue Buffet Eat as much as you can every Friday Saturday MUI mUJ] at the Poolside Tee-Off Cafe ll| |n^|m|dPC3j between 6.30pm to 10 00pm IN Adult $13.50 child $7.50 jWUI f|U For reservations, please call Tee-Off Cafe [pL I J at 322 4221/ 3 (Direct) or at
      148 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon T K Lim: The man who plays to win
      2022 14  -  Multi-Purpose Holdings Berhad is the fifth largest group in corporate Malaysia. It is headed by enigmatic Lim Thian Kiat, probably the country's youngest tycoon. Rajen Devadason profiles both the company and the taipan. Rajen Devadason Malaysian Business LIKE a tightrope walker
      Malaysian Business  -  2,022 words
    • Article, Illustration
      Get ready for United Europe
      1093 15  -  One-Europe is just three months away. Chuang Peck Ming wonders aloud the anxieties of businesses in Asean as they... Chuang Peck Ming Europe's hope of political and monetary union is not about to die from the blows dealt by a currency crisis and a seeming
      1,093 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      139 14 We've Got It All Together n; \vs^- c ?l-'»^-"'v '4'j we're looking forward to welcoming you on board our new advantage. So start your South African adventure at Changi Wednesday morning service to Johannesburg. You'll experience a Airport, after all no one knows it like wc do. Charming people to
      139 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      93 15 If class 95 FM Is your preferred station. The Revival Is your obvious choice. So come Revive your memories and dance along with Vernon Cornelius Plus HHPQn (Thurs/Fri/Sat only) Haywlro As they belt out those long forgotten hits from 6.00 pm nightly. We also have nightly karaoke sessions Operating Hours:
      93 words
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      Page 15 Advertisements Column 2
      328 15 c=s; I *wl J 9Pf% a ■rJ| a —t—y^^g 4HBS^^i^^EQBwH9B9^^^^BVR!RBR9B^HHMPI^iBHv3R9IHHBMKBfIHBHBp|DHBHHP9HIIBV Moving in select circles isn't for everyone. body rust-through. And of course. the unparalleled But for those who appreciate the merits of the new sAFmmTE* 4-WHEEHMm 6AivaiSed Y boo* v aud»ca*i warranties and services of Audi Cere. f V*. ■EBB
      328 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Graf wins on court, but loses purse off it
        100 16 BRIGHTON, England Top-seeded Steffi Graf won on the court on Wednesday but lost off it. Graf beat Andrea StrnadQva of Czechoslovakia 6-0, 6-4 to reach the quarter-finals of the U*****,000 (*****,000) Brighton indoor tournament. She later revealed that her purse had
        100 words
      • Article
        Sampras makes winning return
        75 16 LYON Pete Sampras made his return here a winning one as he beat Jeff Tarango, 7-6 (7-5), 6-3 in the first round of the US$6OO,OOO (*****,000) Lyon Open on Wednesday. Last December, he lost both of his singles matches in the Davis Cup final against France.
        75 words
      • Article
        LeMond likely to skip race
        67 16 WASHINGTON Three-time Tour de France champion Greg LeMond will probably not defend his Tour DuPont title neitf year because it would interfere with preparation for the Giro d'ltalia. Organisers said on Wednesday that the DuPont would cover the toughest, most mountainous course in its fiV!e-year
        67 words
      • Article
        Thorburn crashes out
        100 16 READING Alan McManus gave Cliff Thorburn a lesson in break-building on Wednesday as he romped to 5-1 victoiy over the former world champion and a quarter-final place in the Snooker Grand Prix. "1 can win the title, it's there for the taking," the 21-year-old Glaswegian declared after
        100 words
      • Article
        Upset for French skipper
        81 16 HAMILTON, Bermuda France's America's Cup veteran, Marc Pajot, was eliminated on the opening day of the US&80.000 (S$ 128,000) Gold Cup match race yachting championships by an unknown local skipper on Wednesday. Sailing in light winds in Bermuda's Hamilton Harbour, Peter Bromby of Bermuda ousted Pajot
        81 words
    • Article
      Lock icon Fischer and Spassky battle to draw again
      261 16 AP BELGRADE Bobby Fischer and Boris Spassky battled to a draw on Wednesday in the 23rd game of their US$5 million (SsB million) chess rematch, leaving Fischer with an 8-4 lead. Experts said it appeared early on that a draw was inevitable, but
      AP  -  261 words
    • Article, Illustration
      Action man
      40 16 BARCELONA No, this isn't Sevilla's latest team outfit. The Spanish football club's captain, Diego Maradona, is seen donning a gas mask and electrodes during a medical test at the Institute of Medical and Sports Sciences here on Wednesday.
      40 words
    • Article, Illustration
      Lock icon Unser bitter about F-1 politics
      394 16 oacK ALBUQUERQUE, New Mexico A 1 Unser Jnr expects to stick with IndyCar racing next season after negotiations with Formula One teams left him without a real prospect in the world championship series. "It is very political in Formula One car racing," he said on
      oacK  -  394 words
    • Article
      Lock icon Briton enters semi-final at Interpolis event
      264 16 Reuter TILBURG, The Netherlands Britain's Michael Adams reached the semi-final of the Interpolis chess tournament here on Wednesday. Playing with black, the 15th seed held the Russian Evgeny Sveshnikov to a draw, taking the tie 1 1/2 to 1/2. Adams scored a simple draw,
      Reuter  -  264 words
    • Article
      Lock icon Kangaroos banking on Langer in World Cup final
      444 16 Reuter LONDON Australia is looking to the man it calls the best rugby league player in the world to justify his reputation at Britain's expense in tomorrow's World Cup final at Wembley. Darting scrumhalf Allan Langer is the most obvious threat to
      Reuter  -  444 words
    • Article
      Lock icon IAAF not discussing prize money at meeting
      137 16 Reuter LONDON A radical proposal from athletes' agents seeking prize money at next year's world athletics championships will not be discussed by the International Amateur Athletic Federation (lAAF) at its calendar meeting in Prague this weekend. The International Association of Athletes Representatives (lAAR)
      Reuter  -  137 words
    • Article, Illustration
      Lock icon 'Long' John Daly may yet reign in Spain
      443 17 Madrid Open course looks suited to his style AP MADRID Long-hitting American John Daly, in search of his first win in Europe, may find the Madrid Open course to his liking. Recent rains are making the 6,347 m Puerta de Hierro Golf
      AP  -  443 words
    • Article
      Lock icon Augusta unveils plan for golf in Olympics
      328 17 AFP AUGUSTA Augusta National, home of that most tra-dition-bound tournament, the US Masters, has outlined a bold plan to put golf back in the Olympics in 1996 with competition for men and women on the famous course. Under the proposal described on Wednesday,
      AFP  -  328 words
    • Article
      Lock icon Frustrated Pavin gunning for Texas Open
      487 17 AP SAN ANTONIO Corey Pavin won a tournament early this season, made a run at the Masters and has U*****,134 (SSI.2 million) in earnings on the PGA Tour. "A frustrating year," he said. Fully aware that the comment could be misunderstood, Pavin quickly took
      AP  -  487 words
    • Article, Illustration
      Just hanging around
      80 17 TORONTO Left fielder Ron Gant of the Atlanta Braves hanging onto the wall on Wednesday after trying to reach a hit that cleared the fence for a third inning solo home run by the Toronto Blue Jays' Pat Borders. Toronto beat Atlanta 2-1 in Game Four to
      80 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      253 16 In 1921, an enterprising immigrant from Afghanistan, Amir Mohamed Khan, set up the first carpet business in Singapore. The founder of Amir Sons upheld the important values of quality and old-world courtesy. Through the years we have built up a solid reputation based on dependability and trust. Today, Amir Sons,
      253 words
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      Page 16 Advertisements Column 2
      81 16 NEWSPAPERS AVAILABLE Now you can get the latest news updates from the range of newspapers and magazines distributed by SPH at any of the following 24-hour petrol stations anytime! Newspapers The Straits Times .The Sunday Times Business Times.The New Paper Bertta Harlan Berita Minggu UanHe Zaoßao Li an He Wanßao
      81 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      105 17 Ton It— T«* Ho 737 0Q43 Fax No: 734 36ee S OVERSEAS UNION BANK LIMITED (Incorporated In the Rupubllc of Singapore) USD 100,000,000 SUBORDINATED FLOATING RATE NOTES DUE 2011 (REDEEMABLE AT THE OPTION OF THE NOTEHOLDERS IN 1996 AND 2006) In accordance with the provisions of the notes, notice is
      105 words
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      Page 17 Advertisements Column 2
      391 17 B_ XJ S INTESS TI MES Toll free Tel No s 737 0Q43 Fax No; 734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I Chug Buay Huang of 521, Upper East Coast Road, Singapore 1646, have applied for a Public House Ist Class (extended) licence in respect of
      391 words
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      Page 17 Advertisements Column 3
      367 17 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Christina Wong of Blk 73, 102-25, Eng Watt Street, Tiong Bahru, Singapore 0316, have applied for a Beer House (First Class) licence in respect of premises at M/s Chris's Place at No. 50, Circular Road, Singapore 0104 and that this application
      367 words
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      Page 17 Advertisements Column 4
      333 17 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF FOOD HOLDING PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the abovenamed Company, duly convened and held at 17 Phillip Street
      333 words
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      Page 17 Advertisements Column 5
      347 17 A f> ~4t IN THE MATTER OF THE COMPANIES ACT CAP SO AND I v IN THE MATTER OF V C.C.S. HOLDINGS PTE LTD If. NOTICE OF SPECIAL 7RESOLUTION J FOR MEMBERSVOLUNTARY WINDING-UP .'J (pursuant to Section 290) 4 At an extraordinary general meeting of the members of the above-named
      347 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      M'sian shares in demand ahead of KL Budget
      4054 18  -  By Lilian Ang TRADING was brisk in Singapore yesterday as investors bought up Malaysian counters ahead of next week's Budget statement by Malaysian Finance Minister Anwar Ibrahim. There was speculation here and in Kuala Lumpur that the Budget would include measures to
      4,054 words
    • Article, Illustration
      Lock icon HOT STOCK
      76 18  -  By Quak Hiang Whai PUBLIC BANK Foreign broke through two resistances in two months. After trading between $1.20 and $1.40 for some time, it broke through $1.40 to test $1.60, which it also breached. Weekly RSI and stochastics are nearing 100 and could soon turn south. Daily RSIs
      SOURCE: BRIDGE INFO  -  76 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      63 18 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 iffW W Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 ijl J \fiL~ J2rJaL.jL Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 ludoonit: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur
      63 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3262 19 Clipsal 60* L)S$ 314 +20 +6.8% DBS Foreign 1120 +30 +2.8% GE Life MOO +20 +1.9% Mctalock 25* 130 +11 +9.2% UOB Wt97 200 +11 +5.8% ODE 610 +10 +1.7% Robinson 590 +10 +1.7% SIA 200 1300 +10 +0.8% SPH 840 +10 +1.2% Cerebos 25'
    3,262 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      32 19 ,--£/NVEST IN DELANEAU AT ROY EASTERN WATCH AND RECEIVE HIGHER INTEREST ROY EASTERN WATCH PTE LTD. #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, DELUXE EASTERN WATCH PTE LTD #01-18/20 CENTREPOINT.
      32 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3413 20 Oriental Hldgs 605 +35 +6.1% Corp 50« 620 30 5.1% •M Cement 50« 316 +25 +8.6% li Leong Ind 50* 590 20 3.5% Td 356 20 6.0% Ountop Est 386 +18 +4.9% Kw*M 352 +16 +4.8% *MC 50« 153 +16 +11.7% Ato«n 205 +15 +7.9%
    3,413 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      966 20 B_^^S^ES_STIMES_ Toll free Tel No 737 0043 Fax No: 734 3698 C LIQUOR j LICENCE NOTICE J a NOTICE IS HEREBY GIVEN that, I, Tan Huat Heng of Blk4ll HougangAve 10#04-1014, Singapore 1954, I have applied for a Beer House, First Class licence in I respect of premises at M/s
      966 words
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      Page 20 Advertisements Column 2
      323 20 IN THE MATTER OP THE COMPANIES ACT, CAP. M AND IN THE MATTER Of EQUATOR INVESTMENT PIE LTD (Mao&en' voluntary winding-up) At at Extraordinary Oenaral Meeting of EQUATOR INVESTMENT PTBLTDmniaHadaiidhaldatßft 3G2S Übi Road 3 #03-143 Singapore 1440 oa IS Octobar 1992 tha falowios V-'i 1 Reeolutioe wa* duty p—*d> RESOLVED
      323 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close firmer as index hits year's high
      5534 21 Bernama EXPECTATIONS OF a favourable Budget led investors to take to the floor in frenzied buying right from the start causing share prices in Kuala Lumpur to surge ahead over a wide front yesterday. In brisk trading activity, the KLSE Composite Index
      Bernama  -  5,534 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      177 22 Company Date Year Group Not Not Minings Gross ann to profit/loss per shore dividend ('000) (coots) Beriaya Group Oct 16 Apr 92 MJ2.472(MJ24.670) 0 7(7W) 12(5) Sune Darby Oct 13 Jun 92 MJ335,500(M$310.300) 226(199) 36g(31) Sime Spore Oct 13 Jun 92 S24 964(J20.716) 4 7W(4 6W) 14(14) Beriaya
      177 words
    • Article
      PROPOSED ISSUES
      491 22 Company Rights Issue Mbnce Ttdi One tor one S1.00 pet share fcnal Steal Orator three MS2 20 per share Issue ot *****m 50% Cumulative Redeemable Preference shares ot 10 sen each 1992/97 (CRPS) with up to *****m Transferable Subscription Rights (TSR) lor an aggregate price ot MSI per
      491 words
    • Article
      PRELIMINARY RESULTS
      80 22 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend ('000) (cents) RMCA Re Oct 16 Jun 92 82.267KJ56.216U -<-> Tongkah Oct 12 Jun 92 MR870l(M$2.479l) Amai Steel Sep 30 Jun 92 MJ87.4«7(M578.054) 164(13) 12(10) AntaH Sep 30 Jun 92 M«,907(MJ16.131) 6.4(11.9) 6TE(6) Bedford
      80 words
    • Article
      INTERIM RESULTS
      165 22 Comoinv Diti Hilf*y64T Group Not litlri® ann to profit/Wws dividend ('000) Land General Oct 20 Jun 92 M$18.826(»W6,514) 3(5) Undone Tei Oct 15 Jul 92 M».655(M55,291) Causeway Inv Oct 13 Jun 92 $215(5468) Cheung Kong Oct 13 Jun 92 HW2.330a(HM1.9Ma) 40(34) bravest Oct 13 Jun 92 MJ21.032l(M$11.212l) MMC
      165 words
    • Article
      DIVIDENDS ANNOUNCED
      911 22 Current Ex Books Data Total tar Total tar payment data dose payable the year last year M06 50c 3.5%(b) Sep 10 Sep 24 Oct 23 35% 3 5% Bedford 50c 1% Nov 2 Nov 16 Dec 7 2% BMT S10 100% Nov 12 Nov 24 Nov 26 140
      911 words
    • Article
      RESULTS FORECAST
      130 22 Mi fori Last M Tear Forecst Date let let Profit EPS mmed Tear EPS Gran pre* N» N« Umm P«W last jr ndteg (cts) *> (SIM) (SS«) (ets) SPI F Nov 8 Aug 92 62.6 25.0 153,810 166.5 —177.4 67.8—72.8 Mam Poto F No* 18 Dec 92 1.8
      130 words
    • Article
      OTHER RESULTS DUE
      788 22 ttmUmi [mm It* Chw PhM M» 1m EPS Cms Hat moacttf ni« (cts) d» profit tet JMT (SS-IM) EMS Final Nov 6 Jul 91 3.0TE 17.878L IQks Intenm Sep 10 Dec 92 5.3 5.0 4.436 SK Final 0c! 2 )un 92 10.1 7.0 2,190 SM Intenm Oct
      788 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      825 22 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before After Ssangyong 19/10/92 Street Names DBS Bank S 28.000 50.649 7.591.200 1304 7.563,200 1299 U Securities 19/10/92 Chung Khiaw Bank B 51.000 38.105 11.996.000 0 00 12.047.000 0 00 NatSteel 16/10/92 Street
      825 words
    • Article
      CORPORATE DEVELOPMENTS
      601 22 Oc t 21 United Engineers Ltd through its wholly owned subsidiary, Medical Hall Ltd, has entered into a pint venture to develop and manage a 200-bed private hospital in Malacca. Sungei Way Hokfings Bhd is planning a strategic alliance with a cement company as a means of side
      601 words
    • Article
      APPROVED ISSUES
      378 22 Company Rights Issue MAS One tor one M$5 00 per share Ex-date: Sep 7 Books dose Sep 21 Acceptance Payment No* 2 OC8C One-torfme S3 00 per local share Onefor five S4 19 per foragn share Ex-tfate Oct 8 Books dose Oct 20 Acceptance Payment NYA OUB One-tor
      378 words
    • Article
      COMPANY MEETINGS
      99 22 Heua Corporation Bhd: EGM at the Function Room 1, Ketab Golf Sultan Abdul Aziz Shah, Shah Aiam, Selangor Darul Ehsan, on Friday, October 23, at 11.00 am Bukit Katl Rubber Estates Bhd: 78th AGM at the registered office, 22 Jalan Hang Jebat, ***** Melaka, on Friday, October 23,
      99 words
    • Article
      SCRIPLESS CONVERSIONS
      270 22 Conversion Special Trig Scripts Conversion deadline Period Trading Company starts (IDP) (ST) starts Alex Hldgs Sep 28 Oct 22 Oct 12 Oct 22 Oct 23 Bonvests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Cerebos Oct 16 Nov 12 Nov 2 Nov 12 Nov 13 Chemical
      270 words
    • Article
      RECORD HIGHS & LOWS
      148 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 hifh: 1316.68 (21/2/92) 1992 l*h: 1545.92 (27/1/92) 1992 low. 1122.50 (18/8/92) 1992 tow 1310.95 (18/8/92) 1991 htfi: 1333.08 (3/6/91) 1991 hifh: 1565.58 (3/6/91) 1991 tow: 1022.52 (16/1/91) 1991 tow 1149.08 (16/1/91) 1990 Nch: 1435.43 (16/7/90) 1990 htft 1607.12 (27/3/90) 1990
      148 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      359 22 In local curr In SS In US$ dy %)r dy yr dy yr Oct 21 Index chge chge chgt hyv chge chge World 378.4 0.4 -7.3 0.4 -8.9 0.3 -8.6 tEAFE 443.6 0.6 -11.6 0.8 -13.5 0.7 -13.2 Europe 404.9 0.5 -1.5 1.0 -7.7 0.9
      359 words
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  • CHINA STOCK EXCHANGES
    • Article, Illustration
      Lock icon Shanghai A market continues to tumble
      423 23 CLSA SHANGHAI'S A share market continued to tumble with the CLSA Index down another 8.6 per cent to finish the day at 3,605.83 yesterday. Local brokers attributed the fall to a new regulation. From this week, shareholders are prohibited from selling newly acquired stocks
      CLSA  -  423 words
  • JAKARTA STOCK EXCHANGE
    • Article, Illustration
      Share prices end little changed, banks ease
      944 23 JAKARTA share prices ended little changed yesterday as trading centred mainly on banks. The Composite Index lost 0.68 point to close at 306.45. Banks were generally lower on profit-taking with still no word on when the government will open the shares to foreign
      944 words
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Bank shares fuel rally to 18-month high
      2137 23 Reuter BANGKOK Surging bank shares dominated active trade and the stock index penetrated crucial psychological resistance at 900 to reach an 18-month high at 902.76 yesterday, brokers said. The SET Index jumped 18.83 points, or 2.13 per cent, on brisk turnover of 15.52
      Reuter; Source: Bridge Info  -  2,137 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      169 23 KflL YOUR VERY OWN HASSLE-FREE ucmM^^^mKSjwnj If news and other pertinent information on companies listed on the Stock Exchange And for subscription fee onlg $250 per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised research
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks ease as Nikkei ends at day's low
      2590 24 Reuter STOCKS ended weaker yesterday on index-linked selling in narrow trading, with the Nikkei closing at its day's low. However, buying by public funds and small-lot buying on incentive-backed issues underpinned the downside, and sentiment was firm on the Nikkei holding above
      Reuter  -  2,590 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index at record high on Hutchison rally
      2487 24 Reuter A TORRENT of institutional demand for market laggards in billionaire Li Ka-shing's corporate empire sent the Hang Seng hurtling to an all-time closing high in heavy turnover yesterday. The Hang Seng Index soared 128.27 points to a new high of 6,329.12 on
      Reuter  -  2,487 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Interest in Foster helps shares to close firmer
      2030 25 Reuter HEAVY TRADE in Foster s Asl.2 billion rights issue was in the limelight on the Australian share market yesterday, helping the overall index to close slightly higher. "Foster's rights was the rip-roaring success of the day it removed a lot of
      Reuter; Source: Bridge Info  -  2,030 words
  • REGIONAL STOCK MARKETS
    • Energy crisis sends Manila stocks diving
      • Article
        MANILA
        575 25 MANILA share prices slumped yesterday as power blackouts continued to scare away investors and market leader telephone stock PLDT plunged on Wall Street, brokers said. The Manila Stock Exchange Composite Index lost 26.47 points to close at 1,327.68. "The blackouts are really hurting the market," said a dealer. "Investors
        575 words
      • Article
        TAIPEI
        503 25 THE stock index closed slightly up in very thin trade yesterday as most investors stayed on the sidelines, brokers said. The Weighted Index ended 4.85 points up at 3,699.23 while turnover fell to NTSB.6B billion. In spite of government help to stabilise the market, brokers said, a slowdown in
        503 words
      • Article
        BOMBAY
        81 25 HEAVY SELLING on Wednesday, the penultimate day of trading for the current Hindu year, sent prices reeling in Bombay, brokers said. The BSE Index fell 116.24 points to 2,934.66. The National Index lost 37.45 to 1,325.33. "The selling was because of so many rights issues," said a broker. "Investors
        81 words
      • Article
        SEOUL
        737 25 STOCKS closed firmer in active trading yesterday as strong buying outweighed surges of profit-taking, brokers said. The Composite Index ended 9.26 points higher at 568.97. "The market heated up faster than expected. The bullish tone is expected to prevail for the time being despite bouts of downward correction," said
        737 words
      • Article
        NEW ZEALAND
        338 25 NEW ZEALAND shares, buoyed by the successful listing of the Fletcher Challenge unit, Natural Gas Corp, ended firmer on reasonable volume yesterday. The NZSE-40 Capital Index closed 7.89 points higher at 1,381.21 on turnover worth about NZ$26 million. There were 51 rises and 11 falls among the 90
        338 words
      • Article
        INDICES & TURNOVER
        51 25 INDICES TURNOVER Close Puriow Oct 22 NEW ZEALAND NZSE-40 Capital 1,381.21 1.373.32 +7.89 MANILA Composite Index 1,327.68 1.354.15 -26.47 Turnover (mil pesos) 263 198 +65 TAIPEI Weighted Price Index 3.699.23 3.694.38 +4.85 Turnover (NTS billion) 8.68 11.5 -2.83 SEOUL Composite Stock Index 568.97 559.71 +9.26 Turnover (billion won) 517.09 431.95
        51 words
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  • WORLD STOCK MARKETS
    • Wall Street edges up on rate cut
      • Article, Illustration
        NEW YORK
        1205 26 BLUE-CHIP STOCKS on Wall Street drifted without direction on Wednesday before closing slightlyhigher thanks to a drop in long-term US interest rates. The Dow Jones Index of 30 leading industrials edged up 1.08 points from Tuesday's close to end the day at 3,187.10. The New York Stock Exchange
        1,205 words
      • Article, Illustration
        LONDON
        753 26 STOCKS advanced strongly on Wednesday after Prime Minister John Major announced new priorities of economic growth and employment, but then came ofT their highs to finish with a moderate gain. The 100-Share Index tacked on 28.7 points to end at 2,645.7, its highest closing level since June 8. The
        753 words
      • Article
        FRANKFURT
        295 26 A MODERATE CUT in a key German money market rate proved too small to fuel hopes of a near-term cut in leading interest rates, and market participants believed the recent bear market rally has reached an abrupt end. The 30-Share DAX Index ended 7.65 points lower at 1,503.90. A
        295 words
      • Article
        MILAN
        179 26 THE STOCK MARKET suffered a sharp 1098 on Wednesday in low trading volume, as the MIB Index finished the day at 805 points, down 1.71 per cent from 819 at the Tuesday close. Operators said the market was worried about a warning from the government's General Accounting Office about
        179 words
      • Article
        PARIS
        210 26 THE bourse put an end on Wednesday to a three-session winning streak that boosted stock prices 5 per cent, as the CAC 40 Index ended at 1,722.24, down 0.52 per cent from the Tuesday close. The index opened with a hefty rise of 0.95 per cent, but prices were
        210 words
      • Article
        AMSTERDAM
        337 26 SHARES on Wednesday were tripped by a 1/4-point local interest rate sooner but smaller than expected and could not struggle back into positive territory. The EOE Index closed 0.38 down at 278.33, well below the 281.16 high set in the moming. Dealers said it cast fresh uncertainties into whether
        337 words
      • Article
        ZURICH
        318 26 SWISS SHARES finished weaker after a moderately active session, with profittaking in all sectors except insurances. The broad SPI Index shed 5.7 points to 1,152.4 and the SMI Index of leading shares fell 15.1 to 1,907.5. Dealers said stocks were affected by disappointment in the Frankfurt stock market at
        318 words
      • Article
        STOCKHOLM
        135 26 AN OPTIMISTIC bourse racked up new gains in moderate trade on Wednesday, boosted by lower interest rates and a firmer dollar. The General Index rose 1.07 per cent to 691.90 in trade of 466 million kronor. The Top--16 Index was up 0.88 per cent. The Central Bank lowered its
        135 words
      • Article
        BRUSSELS
        197 26 SHARES closed more than one per cent higher but were pushed off the day's highs by profit-taking. The mood was buoyant due to Belgian domestic rates cuts, falling yields on Belgian bonds and recurring hopes that Germany might cut interest rates. The Bel-20 Index closed 12.94 points higher at
        197 words
      • Article
        JOHANNESBURG
        401 26 SHARES posted strong gains in sluggish Wednesday trade, but active jobbing exaggerated price jumps, dealers said. "There is genuine investment demand at the lower levels, but when jobbers get sniff of an institutional order they ram up the price," one dealer said. De Beers, Anglos, Minorco and golds led
        401 words
      • Article
        TORONTO
        242 26 STOCKS on Wednesday ended higher and outperformed Wall Street for the third consecutive session this week on hopes of Canadian interest rate cuts, dealers said. The TSE-300 Composite Index gained 10.8 points to 3,250. Advancing issues topped declines 288 to 234 with 287 unchanged. Volume was 25.7 million shares
        242 words
      • Article
        INDICES & TURNOVER
        74 26 INDICES TURNOVER NEW YORK (lose Ctukwi Oct 21 Dow Jones S&P 500 Turnover (million) 3.187.10 415.67 219.10 3.186.02 415.48 258.21 1.08 0.19 -39.11 LONDON Financial Times 30 KTSE KM) Turnover (million) 1.951.3 2.645.7 848.8 1.912.9 2.617.0 631.1 38.4 28.7 217.7 FRANKFURT DAX Index 1.503.90 1,511.55 -7.65 AMSTERDAM EOE Index 278.33
        74 words
      • Article
        Untitled
        44 26 Vienna Oct 21 Asch Akg Holding 1580 unch Bank Austria (P) 469 15 E Allgcm (P) 1675 44 Jungbunzl ***** 100 Lenzing 660 15 Leykam 298 6 Ocstcrr Brau 434 4 Scmpcrit 96 unch Stcyr 185 +3 Veitschcr 251 +2 Source: Z-Landerbank Bank Austria
        44 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar closes easier in thin and uneventful Tokyo trading
      1159 27 REPORTS ASIA IOKYO: The dollar ended easier against the yen and the mark yesterday mainly on interbank position adjustment after thin, uneventful trade, dealers said. Market operators were nervous about buying dollars at higher levels as the US currency has jumped
      1,159 words
    • Article
      INTERBANK FOREX RATES
      414 27 Cross rates (*22 USS S$ MS Dm Yen SFr AS NZS USS 1.6170 2.5080 1.5190 122.50 0.6196 1.3550 1.3928 1.8553 SS 0.6184 1.5510 0.9394 75.7576 0.3832 0.8380 0.8613 1.1474 MS 0.3987 0.64 0.6057 48.8437 0.2470 0.5403 0.5553 0.7397 Dm 0.6583 1.0645 1.6511 80.65 0.4079 0.8920 0.9169 1.2214
      414 words
    • Article
      MONEY MARKET
      579 27 Interbank rates S$ Bid Offtt Overnight I 1/4 1 1/2 1-month I 11/16 I 13/16 2-month 1 13/16 1 IS/16 3-month I 7/8 2 Overnight mode: 1-3/4 L'S$ 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
      579 words
    • Article
      Lock icon Mexico to step up peso depreciation
      351 27 Reuter MEXICO CITY The Mexican government said on Tuesday that it would accelerate the peso's depreciation against the US dollar, a move that appeared to rule out a devaluation while offering relief to Mexico's export sector. Under the terms of the sixth annual economic
      Reuter  -  351 words
    • Article
      FINANCIAL FUTURES
      1494 27 SIMEX EUHOOOUAH Open High Low Sett Est Vol Act/Vol Op/Int Dec 92 96.47 96.48 96.42 96.46 ***** ***** ***** 96.48 Mar 93 96.39- 96.41 96.34 96.40 ***** ***** ***** 96.40 Jun 93 95.94 95.98 95.87 95.97 ***** ***** ***** Sep 93 95.42 95.47 95.36 95.46 4000 7978 5035
      1,494 words
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  • COMMODITIES
    • Article
      Lock icon Steel mini mills seen leading Japanese recovery
      429 28 Reuter TOKYO Electric-furnace steelmakers, or mini mills, will be the first companies to recover from an economic slowdown plaguing Japan, mini mill officials and steel industry analysts said on Wednesday. They said the mini miljs would be the first to benefit from the
      Reuter  -  429 words
    • Article
      Lock icon Gold price expected to rise
      241 28 AFP LONDON The prices of precious metals should rise during the next two weeks until the US presidential election and the likely victory of Democratic candidate Bill Clinton, dealers said here on Wednesday. The price of gold would benefit from fears of inflation which would
      AFP  -  241 words
    • Article
      KL tin price falls to new six-and-a-half-month low
      750 28 REPORTS THE Kuala Lumpur Tin Market (KLTM) eased further at double-digit levels for the fourth consecutive day yesterday to a new six-and-a-half-month low on heavy selling. The tin price ended at MS 14.18 per kg, down 10 sen from Wednesday. The London
      750 words
  • Article
    PRICES
    1502 28 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 92 0.00 0.00 143.00 0 900 Dec 0.00 0.00 142.25 0 3.050 Jan 93 142.25 142.25 142.00 200 4.500 Feb 0.00 0.00 141.50 0 4.750
    1,502 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1301 28 BUSINESS TIMES Toll free Tel No 737 0Q43 'Fax No; 734 3698 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND MULTI SATYA PRIVATE LIMITED (In Members' Voluntary Liquidation) At a General Meeting of Multi Satya Private Limited duly convened and held at #11-01 GMG Building, 108 Robinson Road.
      1,301 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1205 29 CKy ggt ETA FH<M ETD Ctty Flgtrt ETA F%fct ETO Afea Matt GA890 2330 SQ187 1350 SQ188 0830 MtfaWa Of81 1955 QF82 2205 j£||| S0227 2230 Lumpur MH602 0700 rrrrz rrrr MH629 0020 SQ102 0730 AailMriMI KUJ37 340 SQ320 1100 MH640 0805 MH604 0740 SQ323 1815
    1,205 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Med for babyboomers
      716 29  -  LETTER FROM ELEUTHERA By Martin Dickson IT FIRST dawned on mc that I might have come to the wrong place when this overly jolly and insistent man accosted me on the Club Med restaurant steps. "Will you cheer for me in the lip-synching contest?" he demanded. At
      716 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1540 1.1640 Canadian dollar 1.2900 1.300 NZ dollar 0.8600 0.8800 Sterling pound 2.5960 2.6160 US dollar 1.6170 1.6190 Local dollars to 100 units of foreign currency Austrian schilling 14.95
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      69 29 Duration Title Venue Organiser Td 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 jg. ki ia ta J ndC Fa r Nov 26- Dakar Dakar, Centre Interna- 221/*****2 Nov 24-29 Birmingham
      69 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      32 29 i What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details.
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      Page 29 Advertisements Column 2
      25 29 Difficulty In getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.
      25 words
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      Page 29 Advertisements Column 3
      600 29 Toll-free Tel No: 737 0043 Fax No: 734 3688 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
      600 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      205 29 9 Where yachtsmen from Cowes sail forward (8) 13 Mother's pea soup needs appear more common (6) is 18 Dining accessory and utenreturned to H 22 20 Ordered to encircle water gate in marine investment as insolence by defence 26 Sillier-sounding name for 27 >k k and W M 7
      205 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      159 29 Singapore Outlook: Showers over a few areas in the morning. Report Maximum temperature 32.7 Assoc humidity 57% Minimum temperature 25.4 Assoc humidity 97% Hours of sunshine 9.00 Rainfall in mm trace Rainfall this month 172.5 Rainy days this month 11 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/14 Rain Bangkok 32/25
      159 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      15 29 piscn nci mcTHis is rll sad DRewi..} j V BTB9 e ASSOCIATED NEWSPAPERS LTD.. IH2-Hl2
      15 words
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  • Article
    Lock icon Major squeezes through on coalmine vote
    603 30 British PM faces struggle to regain credibility Reuter, NYT LONDON British Prime Minister John Major has survived a critical parliamentary vote on coalmine closures but still faces an uphill struggle to restore his government's credibility after a series of drastic policy Uturns. His Conservative
    Reuter,; NYT  -  603 words
  • Article
    Lock icon China denies buying Russian arms and nuclear technology
    277 30 AP BEIJING China has denied a report that it had bought missiles and nuclear technology from Russia. "There is no such thing at all," Foreign Ministry spokes'man Wu Jianmin said at a weekly briefing yesterday. "And, as you know, the Russian side
    AP  -  277 words
  • Article
    Lock icon Americans working in foreign firms have higher pay: report
    274 30 AP WASHINGTON Americans employed by foreignowned companies in the US averaged 22 per cent a month more in wages than the US private-sector workforce in late 1990, the government said on Wednesday. The Labour Department reported the average paycheck for the
    AP  -  274 words
  • Article
    Lock icon Patten to push ahead with HK plans
    330 30 Reuter, AFP BEIJING Hongkong Governor Chris Patten said yesterday he was determined to move ahead with plans to expand democracy in the colony despite his failure to secure China's approval on his maiden trip to Beijing. Talking to reporters at a news briefing
    Reuter,; AFP  -  330 words
  • Article, Illustration
    UK government and business must be partners
    817 30  -  The Bottom Line RAY HEATH RAY HEATH The writer is a London-based journalist who contributed this comment to BT AS BRITISH politicians search in apparent despair for a policy, any policy, to prevent the country descending into economic chaos, they might calm themselves
    817 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      328 30 E S?Sv^STnKr CE Every Saturday In Business Times tar -<=>ar TAR Ji»faaa-«yk Hon Does** -'"*1 f» P'T Iwiul Iwii« ikt'i!■ Sis A. Haiy Cnbof Ijfce Y«jpkaj Irfl *r| V «M-koc--dQ K to Unhln Hnncn FriedXiaa(fc toSpratwiA Dried II fl II I P II II 11 S P Mrtra.iaßa.boo Tata '|ill||
      328 words
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      Page 30 Advertisements Column 2
      5 30 Editorial: Major's minefield, Pg 10
      5 words
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      Page 30 Advertisements Column 3
      248 30 INVESTMENT Every Saturday in Business Times i Seminar on Group Accounts I In line with the opportunities available in the Asia-Pacific region, many Singapore companies have expanded their operations by setting up new subsidiaries in this region. This expansion has had an impact on the companies' accountants since group accounts
      248 words
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  • Shipping Times
    • Article, Illustration
      Lock icon A mega-port by turn of century: Chok Tong
      446 31  -  New Pasir Panjang terminal will fulfil that aim By Dexter Lee SINGAPORE A new container terminal at Pasir Panjang will make Singapore a mega-port when it is completed by the turn of the century, said Prime Minister Goh Chok Tong yesterday at
      Photo by Arthur Lee  -  446 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1171 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Asia Cont Lines 14 5 Asian Break-Bulk 16 3 •ASCL 5 5 ASXCL Shpg 15 2
      1,171 words
    • Article
      Busy time for Sembawang Engineering units
      403 31  -  By Rahita Elias SINGAPORE Two Sembawang Engineering associates, PT Gema Semßrown (GSB) and Si me Sembawang Engineering, are making inroads into their respective market bases of Indonesia and Malaysia. With the award of its largest contract to date, GSB has raked in US$3OO million
      403 words
    • Article
      CGM charts course for major revamp
      399 31  -  By Juliette Walker SINGAPORE Ailing French national carrier Compagnie Generale Maritime (CGM) has announced a far-reaching plan to return to profitability by end-1994. A CGM statement said the shipping line would divide its operating units into subsidiaries and dispose of non-strategic assets worth some
      399 words
    • LOG BOOK
      • Article
        Delta monument unveiled
        57 32 MONROE, Louisiana The city where Delta Airlines was born unveiled a monument on Wednesday to the US' fourth largest airline. Monroe mayor Robert Powell and Delta board chairman Ron Allen jointly dedicated the 20-foot stone replica of Delta's logo. Mr Allen conducted Delta's annual board of directors
        57 words
      • Article
        SIA passengers get faster clearance in US
        93 32 SINGAPORE Singapore Airlines' passengers on flights to the US can gain from faster immigration clearance with the introduction of the Advanced Passenger Information System or Blue Lane. The system is available to those who start their journey in Singapore or from any of
        93 words
      • Article, Illustration
        One more for the road
        55 32 LOS ANGELES Outgoing Chrysler Corp chairman Lee lacocca showing off new cars on Wednesday after a press conference that introduced Chrysler's new mid-sized cars. This is believed to be the chairman's last new conference. The new cars (from left) are the Chrysler Concorde, the Dodge
        55 words
      • Article
        Ecuador bus strike suspended
        81 32 QUITO Ecuadoran bus owners on Wednesday suspended a three-day-old strike pending negotiations with the government, the president of the owners' federation, Hugo Penafiel, said. City bus owners called the strike on Monday to demand payment of a government subsidy that has been in arrears since August,
        81 words
      • Article
        Miss Vicky under tow to Crete
        32 32 LONDON The Panamanian-flagged bulk carrier Miss Vicky is under tow to Crete after an engine room fire, which was subsequently extinguished, Lloyd's Shipping Intelligence Service said.
        32 words
      • Article
        Iran to ship oil to Bosnia
        59 32 TEHERAN Iran will shifr 100,000 tonnes of oil to BosniaHercegovina to meet the needs of the former Yugoslav republic's Muslims as winter nears, Iranian state radio reported on Wednesday. Iranian President Ali Akbar Hashemi Rafsanjani made the decision to send the oil, the radio
        59 words
    • Article, Illustration
      Lock icon History in the making
      1076 32  -  A wreck removal being carried out in the North Sea is on the verge of completion. Alan Dickey finds out why this salvage job is different from any other VVIV IViIIVJ Vui UVI Alan Dickey f Lloyd's List The raising of 1 the Seki Rolette has
      Lloyd's List  -  1,076 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      562 32 Carton Catai Oct 15 Dw*y Nat* Readue Ash Akmnun Sedrant D«m*y Wat* Rtadut hk Atot—n Swfcwwt M/M IX/* Exxon Expon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method BO/Cbnc hits Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA 180 Ave
      562 words
    • Article
      THE SHIPPING GUIDE
      9868 39 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure trom the Port of Singapore. LEGEND PN: ship calls at Penang after
      9,868 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        609 46 taHl Voy No Beth Arrival Departure Marina Terminal 1 Batam Baru B190 M04 alongside 22 10/2300 Batam Murm *****2 M05 alongside 23.10/0500 Batamindo 1 1259S M02 alongside 22.10/1900 Btm Bahama *****2 M03 alongside 23.10/0500 Garuda G81 M05 alongside 2210/2300 Hety ****** M05 alongside 2111/2100 Karya indah *****2
        609 words
      • Article
        MALAYSIAN PORTS
        114 46 -I JOnOft rOfl Berth: 1: GeniKi; 2: Santos. Sheng Yuan; 3: Tanjung Perak; 4: Evartgelos; 5: Barge Melvest 1; 6: Uni Moral. 01 jetty: Bum fc, SuKun. DCJ: nil. Due an Oct 22: Ocean Ruby, Ocean Elite, Johan, Barge Kuala Siak V, Barge Josindo Satu. Due on Oct
        114 words
      • Article
        CONTAINER SCHEDULES
        1551 46 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Slap Voy No Container* avalabte Ship Voy No Container* ivitobte (XXI Far 36E 21.10.92 132S P Buchanan 066W COO(EST) 22.10.92 0700 Thana Bhum 02ST 21.10.92 1525 T«er Star 38N COO(EST) 22.1092 1500 Mertur Delta 944 21.10.92 1605 E Gleam y RE-039
        1,551 words
    • Article
      DAILY FREIGHTS
      906 47 EVIDENCE finally emerged of i-ates firming on Wednesday ior Atlantic grain cargoes after 'several days of charterers and owners predicting healthier rates, brokers said. But the size of the increase •has been disappointing, although further new business has been quoted and charterers iire increasingly reluctant to lalk about
      906 words
    • Article
      TRANSPORT DIARY
      693 47 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 details and applications, please call the SFFA at tel: 296-4645 or fax: 292-2504. No* 3-6: Expoship Far East
      693 words
    • Article
      Lock icon Air fare war cost AMR US$85m in 3rd quarter
      532 49 NYT NEW YORK AMR Corp, which owns American Airlines, reported an US$B5 million (Ssl36 million) loss for its third quarter on Wednesday, largely because of the summer air fare war that American escalated. The third quarter is usually the strongest one
      NYT  -  532 words
    • Article
      Lock icon Deutsche BA takes on Lufthansa
      352 49 New planes, routes, incentives for BA's German venture IHT FRANKFURT Deutsche BA, an airline joint venture between British Airways and three German banks, is escalating its contest with statecontrolled Lufthansa by introducing new planes, new routes and new incentives from next Monday. Richard Heideker, managing
      IHT  -  352 words
    • Article
      Lock icon Austria to scrap one million cars under proposed green laws
      439 49 Reuter VIENNA Up to a million cars could be forced off Austria's roads under proposed anti-pollution laws. That favourite old Alfa or trusty Golf may still have plenty of life left but if it has no exhaust-cleaning catalytic converter, it
      Reuter  -  439 words
    • Article
      Lock icon US, Britain fail to break open skies deadlock
      299 49 Reuter LONDON British Transport Secretary John MacGregor and US Transportation Secretary Andrew Card failed on Wednesday to break a deadlock on an "open skies" agreement on bilateral air services, a British official said. "There are still some difficult issues and work to
      Reuter  -  299 words
    • Article, Illustration
      Lock icon FAA to order airlines to replace part of Lockheed wing
      584 49 NYT WASHINGTON The Federal Aviation Administration (FAA) plans to order airlines to replace part of the wings on Lockheed jets like the one that burned on July 30 at Kennedy International Airport after its wing broke under the stress of
      NYT  -  584 words
    • Article, Illustration
      Lock icon GM chief's job may be at risk
      522 49 NYT DETROIT Whether Robert CStempel stays or is removed as the chairman and chief executive of the ailing General Motors Corp, his effectiveness is waning. The growing urgency to streamline GM's costs and operations has ignited speculation and published reports, which General Motors
      NYT  -  522 words
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      82 32 f§§& Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional lode at successful small firms and the
      82 words
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      3796 33 OOCL (8) PTE LTD JARDINE SHIPPING AOENCIEB *****11 FAX: *****09 Mill/ BOOKINGS TEL: *****34 *****58 TERMINAL/CPS TEL: *****18 220 ITBMMII PEBAKA JARDINE SHIPPING AGENCIES SOU BHD. I VOOQf J PORT KELANG TEL: *****18 FAX: *****91 *****88 ClMfl 4fcll* N AUI Dedicated to Quality Service CFS m MMC 6 iIiIJ.II.IU Mlltl
      3,796 words
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      Page 33 Advertisements Column 2
      1396 33 mamssassm WEEKLY DIRECT CALL TO SHIMIZU LICA MAERSK V.9211 ETA SIN 29/10/92 ETA SHIMIZU 10/11/92 Vaeeel Voy ETA ETO Fate by DESTINATIONS M* Mar« ua* «2to 27/io oaoo mrs CFS 26/ tO 2359 HRS JOH LPK PEN OAK LGB MOO MEM ATI MM CMS BAL PHL NYC MON TOR MARIE
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      1455 34 roam/ ■pphbr^^ VOY NO S PORE JEDOAH S'HAMTON H'BURQ ANT LE HARVE DRESDEN EXPRESS 07/342 24/10 3/11 11/11 14/11 16/11 KAMAKURA 25/143 29/10 14/11 17/11 15/11 I KAQA 26/343 31/10 10/11 18/11 21/11 22/11 25/11 NSBIHBr TOKIO EXPRESS 09/144 5/11 21/11 24/11 22/11 LEVERKUSEN EXPRESS 09/344 7/11 17/11 25/11 28/11
      1,455 words
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      441 34 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for aN services C.1.5.-Vootochny, Vladivostok, Moecow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam a Mongolia Hungary CSFR e Poland ocT<s>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel BTA MM A. ABRAHAM 25/10 VILLE DE SIRIUS 29/10
      441 words
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      1492 34 REGULAR INDEPENDENT FULL CONTAINER SERVICE I V«f-/VOY 3IN NORASU AL MANSOORAM 9234-3 27/10 19/11 20/11 24/11 26/11 26/11 29/11 29/11 29/11* I 2EE!i 9235 3 03/11 25/11 26/11 01/12 02/12 03/12 05/12 05/12 06/12 152!2i S? 23 3 10/11 2/12 3 12 12 9/12 10/12 12/12 12/12 13/12 JjO*ASIAJ£MI»237-3 16/11
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      1897 35 W STRAITS SHIPPING PTE LTD af 10 Hoe Chiang Road #1101 Keppd Towers I i e 0208 Tel: *****88 Fax: *****17 ACCEPTS CMGO DUE SMLS RAIAH BROOKE VIK Mum. lab 27-21 Oct 21 Oct 29 Oct STRAITS ST Alt VISE Ml. Sm, Taw 28 29 Oct 30 Oct 90 Oct
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      1452 35 SINGAPORE AGENT: PXifl /xyif-Q fIAfC PAO Containers (Singapore Agencies) Pte Ltd X %XV/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 rT TV VESSEL VOY 'PMO "PKO MM ALQ SOU AMT HOT HAM VE6SCL *OY AMT HOT
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      Page 35 Advertisements Column 3
      163 35 m SIM SWEE JOO SHIPPING (A SDN. BHD. REGULAR SERVICE TO BMTULU/MRI Vt—gL IVOY IPKL IPGP |KUC ISIBUIBTU iMIRT iwn LOMO SATU 24 IN PT 23/10_ 24/10 —UAH JAY A 228 26/10 28/10 30/10 31/10 JUT A JAVA 80 26M0_ 24/10 31/Jo_ 1/11 ACCEPTING FCL CONTAINERS. LCL CONSOLIDATION. BREAKBULK. REEFERS
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      647 36 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE W./WY STOtt ROAM/ ADAM HUUW BREMEN MIMJIf MATNUM/33W8 24/12 3/1 7/1 12/1 15/1 FAST TRANSIT TIME ACCEPTING BAEAKBULK/CONTAINERISEO CARGO Sub|«ct lo InductiTMflt. Also accepting cargo to CasabUoca, Port Said, Poet Alexandria, Otnot, Thaata. ALSO ACCEPTING CONVENTIONAL CARGO VU T/S TO UK
      647 words
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      Page 36 Advertisements Column 2
      1373 36 HANJIN SHIPPING FOR VSL SM UK HAUL IKB OAK Ft* VSL fSM ILK HAUL SA* IM NYC HAfUN LONGBEACH 039E 24/10 OMCT 15/11 IS/11 HAIUN KUNSAN MOC 26/10 H. KEHUNG 0391 3/12 4/12 6/12 HAIUN ROTTERDAM 020 C 1/U DHCT 22/11 25/11 FISHGUARD BAT 212* 2/11 11 EUROPE 0041 10/12
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      Page 36 Advertisements Column 3
      1189 36 J -J -T jrrra^T|^ m K y *t KLC *JS WT OS Kf sw TTO LAI CHS BAI KYC LHV M* KM T» «t MO CM ftl »I* U f MP!«« »/M2VIO 2/1} 4/11 0/11 1/11 .0/11U/U 11/11 U/U 14/11 27/U 9/1211/12 12/12- 22/12 23/12 24/12 25/12 S/l IS/1 19/1
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      Page 37 Advertisements Column 1
      1836 37 SCX: 'CALIFORNIA PEGASUS 08E' ETA SGP 28/10/92 l| II arriving los angeles 15/11/92 in 17 days. U II II AEX MEPTUM RHODONITE 06E' ETA SGP 25/10/92 H ARRIVING NEW YORK 16/1V92 IN 22 DAYS. H 1 I FEEDER VSL VOY SGP MOTHER VSL VOV SET PLD MIN/ VESSEL VOY SGP
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      Page 37 Advertisements Column 2
      1168 37 I 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 EASTBOUNP—«SCHMON6 WESTBOUND-LOWS TRAWSHffCD VIA
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      Page 38 Advertisements Column 1
      1149 38 WI- PACIFIC INTERNATIONAL LINES (PTE) LTD m 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA nHAHGKOK I VESSEL VOY MCT cm VESSEL VOYSIN BKK SIN kota luniu J,, lt,. n rr' "7.. SfUSAMUT (THAI FLAG) SRS4ON 25/10 28/10 1/11 TAata, I.V, KOTA BINTANG
      1,149 words
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      Page 38 Advertisements Column 2
      1383 38 P -r. Ay.; RTM 2 HAM I GG T E 23/10 23/10 24/10 JUTLANWA 2422 27/10 13/11 15/11 16/11 18/11 E 30/10 30/10 31/10 SELANOIA 2432 3/11 20/11 22/11 23/11 25/11 0 6/11 6/1J 7/11 BENALDER 2442 10/11 27/11 29/11 30/11 2/12 E 13/11 13/11 14/11 TOYAMA 2452 17/11 4/J2
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      Page 38 Advertisements Column 3
      249 38 I °BSA° TRANSPORTATION MYANMA mSmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore PJCIf Pan PSdj PAGAN VIUW 30/1 Nov ►TA AA VlB3* 4/7 Nov PAGAN VIS9W 15/11 No* NIGERIAN NATIONAL taL SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER MAJE V.50 SPORE 23 Nov Lagos 16 Doc Pt
      249 words
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      Page 41 Advertisements Column 1
      2403 41 H Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia s Agents. General Agent* Booking Agent* General Agent* Booking Agent* Gnan Cnan Shining S4n Bhd Cknng Chian Skipping S* Bhd P.T. OM hrin Intflflllfl Maritime Ykk Fung Shipping SIM Fi*t* Banking Cnattl* Agenda Costtr Shipping Pte Ltd Skipping
      2,403 words
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      Page 41 Advertisements Column 2
      288 41 SAMUOQU MDONESU (S) PTE LTD IS McCALLUM STREET #09-01/02 NATWEST CENTRE Singanor* 0106 Tatnc R*****0 T«fc ******1-3 Fas 225 4*30, 227*138 FOR BOOKMOS CALL MRECT UNE TEL: *****41/2222M3 tm/ JAK SERVICE VESSEL VOY SIN JAK reLOPOR 1051 24/10 (SAT) 27/10 (TUE) 013 24/10 (SAT) 27/10 (TUE) ELBE STAR 907 24/10
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      Page 42 Advertisements Column 1
      647 42 FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 25/10 ROTTERDAM 25/10 HAIFA/ASHOOD/ ALEXANDRIA 25/10 I HAMBURG/BREMEN 25/10 MARSEILLE/FRANCE 25/10 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 27/10 VANCOUVER 25/10
      647 words
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      Page 42 Advertisements Column 2
      704 42 CT3 RICHFIELD MARINE AGENCIES (S) PTE LTD £1 TEL: *****33 (12 Lines) LSJ FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) \M"\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL [VOY ETA LOADING FOR SPORE ANDtNET 28WB 27/10 DARESSALAAM MOMBASA CXNBOUTI ASSAB MASSAWA ABBAY WOHZ 34W8
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      Page 42 Advertisements Column 3
      457 42 JAKARTA BANGKOK [mm* voy mi m vam \m mmtm mmm KITI BHUM 01S toPt 24/10 lARU BHUM 47N Fri On PI Man 21/10 "O"* ?</»> 27/10 NANTA BHUM 112N Sal 24/10 Wad 21/10 NANA WN 164S 27£10 31£10 PIYA BHUM# 2S6N Mon 26/10 Thu 21/10 IKANA BHUM* 03ST Ned 2t/10
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      Page 42 Advertisements Column 4
      345 42 tap! INER-IK VBL VO Y BMGAPORE MADRAS SMGAPORE HCSSEI DOT Sft MM SM new sim m sued w-jo/io os-00/n ran mss mn n-vn* oi-oj/ii n-u/u ikh mom m »-»/io ow7/n 12-n/u re* speed zm 02-01/11 m-u/u imi/u VBL VOY SOOQAPOHE/CALCUTTA/BOOQAPOnC wssn vor sn cm. s» ran mo lwae 30-31/10 m-u/u
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      1510 43 groupage I KVV~ IPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w v 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 Hong Kong Ldn/Fh/Rdm/Ant 29/10 30/10 31/10 28/10 29/10 30/10 Hong Kong G'bwg/C'hagen/S'holm/Oslo 25/10 26/10
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      Page 43 Advertisements Column 2
      321 43 JjfiJE BLUE star line SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SM MIST STAB 0530 25/10 7/11 9/11 26/11 PROSPECT 21S 6/11 11/11 20/11 fi/12 N Z STAR 0532 17/11 29/11 1/12 17/12 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON. ACCEPTING FCL St LCL FOR
      321 words
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      Page 43 Advertisements Column 3
      1124 43 f THONG SOON UNES PTE. LTD.] Ms 77 ROBMSON ROM) #15-00. #16-00 SIR BUUMNG SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRtR, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA iessb. Im Is'pore [best vessel wy spore p. B EQUATOR JADE 63/92E
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      814 44 COMPANIA PERUANA Mi DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANJ, 10* t OTHER PERUVIAN PORTS* KITH T/S AT KOBE ON CPV THROUGH BILL Of LAOtftG. ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTWG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOYA, MOJI. TOKYO*, MANILA*, DAVAO*, Pcn«nf* P. Kelanj Saifaport
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      Page 44 Advertisements Column 2
      589 44 CZ3 Z,M Favl Ctatalmr Swvlm UmJ N.AMERICA/CARRIBEAN SERVICES ft SMI VOT SW VOT UI KSI SA» WTC H» ZM YOKOHAMA 211 29/10 IU HCttA 5£ 30 11 t/12 13/12 15/12 17/12 m ttltflA 1041 1/112MA0MA 30 11 »/12 13/12 15/12 17/12 AM EIAI 711 13/11 m WUUAS 3* 11 12
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      614 44 NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLANG SEMI CONTAINER FIXED DAY SCHEDULE VOV ETD PKQ ETA JKT ETA SIN M/V LEONA 92/1 15/11 19/11 23/11 M/V LEONA 92/2 24/11 28/11 2/12 M/V LEONA 92/3 3/12 7/12 11/12 M/V LEONA 92/4 12/12 16/12 20/12 M/V LEONA 92/5 21/12 25/12
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      391 44 MONTHLY DIRECT CONTAINER SERVICE SIN TO ALGERIA ALSO CALLING MARSEILLE/LASPEZIA TWICE WEEKLY CONTAINER SERVICE SIN/MADRAS/SIN WEEKLY CONTAINER SERVICE SIN/CALCUTTA/SIN WITH TRANSHIPMENT TO: ASEAN/AUSTRALIA/FAR EAST/MEDITERRANEAN/EUROPE WEEKLY CONVENTIONAL SERVICE SIN TO CHINA WEEKLY CONVENTIONAL SERVICE MADRAS/COLOMBO/ BOMBAY/KARACHI WEEKLY CONVENTIONAL SERVICE EAST AFRICA/RED SEA/ MEDITERRANEAN CAKOMOKIM: LUCKY TRANSPORT A FREIGHT CO (PTE) LTD
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      Page 44 Advertisements Column 5
      394 44 SIN FAR EAST 27/10 KEELUNG/KAOHSIUNG 1/11 BANGKOK 30/10 MANILA/CEBU 1/11 JAKARTA/BEL AWAN/SURABAYA 26/10 PORT KELANG/PENANG/E. MALAYSIA 26/10 BUSAN 1/11 TOKYO/YOKO/KOBE/NGO/OSA 2/11 HONG KONG SIN CHINA (*GH#±»*n) 2/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 7/11 LDN/FLX/LVP/SOU 7/11 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. Si USA/CANADA
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      Page 45 Advertisements Column 1
      757 45 I ECONOLINES We deliver 2040 points throughout 17 We provide weekly consolidations to 32 j 6B formity with 13 imcoterms Discharging ports at own Bonded Warehouse ft total demands in shipping for carrying your with in bouse customs service and Routler j| goods from door to door trucks for home
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      Page 45 Advertisements Column 2
      810 45 BNext Week's Sailings Singapore Singapore Los Angeles Manila 27/10/92 (Onforwardinji A Singapore Tel: 778 6522 Von Chan/ (J Fax: 779 2738 Gandhi Johore Tel: 07-*****8 Alfred Ng SKn Fax: 07-*****3 Eddy Kasenda 7&AA£S~L/A//C. Bonterml w CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25TH OCTOBER ACCEPTING TO ALL PORTS IN NEW ZEALAND
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      Page 45 Advertisements Column 3
      463 45 ten CHINESE-POLISH cSA JOINT STOCK SHIPPING CO 1 CONTAHER/BREAKBULK IPARANDOWSKI V.50 1/11 CASABLANCA EW* HAPPY *05 15/12 CASABLANCA MXMG VOl 24/11 SHANGHAI XMGANG BALTIC FAR EAST SHIPPING PTE LTD 2 MBTRI ROAD #10-00. HMC BULOMG. STORE 0207 TR: *****69 FAX: *****09 TLX: RS ***** BAIfES OML ORIENT EXPRESS LINES ouiai
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      1210 46 JT KteßeyS FAST TRANSIT TIME —35 DAYS ONLY SINGAPORE TO MANTA (ECUADOR) NedllwdUnes FEEDER VESSa PKG PEN OCEAN VESSEL SM liH KTM(I) HAM (2) BRV FIX SOU GOT G Bhum B Seroia 16/10 14/10 NIL Hoorn/2362 In Pt 7/11 8/11 10/11 11/11 9/11 10/11 11/11 NLL R«»io/2129S@ 19/10 22/10 21/10
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      Page 47 Advertisements Column 1
      361 47 FIND YOUR KIND OF JOB IN THE STRAITS TIMES CLASSIFIED EMPLOYMENT SECTION TJs. 737-1X66 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 38N8 26/10/92 (MON) 31/10/92 TWO SAILINGS WEEKLY vigow PAcnc 7jm 30/10/92 (fro 04/11/92 monday and frday VIGOUR LUZON 3N6 02/11/92 (MON) 07/11/92 m VIGOUR
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      Page 47 Advertisements Column 2
      306 47 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/10 Rotterdam/Antwerp CHINA CONVENTIONAL gflg VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/GuangztKXi COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/BANQK OK/HONGKONG EUROPE/CONTINENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN QULF/KARACHI Please refer
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      Page 47 Advertisements Column 3
      295 47 (RralSHl CONTAINER LINE (S) PTE LTD 133 New Bridge Road #09-06, Chinatown Point S'pore 0105 WEEKLY CONSOLIDATION SERVICES TO: HONGKONG 28/10 SYDNEY 28/10 •ROTTERDAM 31/10 •BUSAN 29/10 MELBOURNE 28/10 HAMBURG 31/10 KEELUNG 29/10 BRISBANE 30/10 FELIXSTOWE 31/10 KAOHSIUNG 29/10 ADELAIDE 29/10 LE HAVRE 31/10 BANGKOK 1/11 «FREMANTLE 29/10 •ANTWERP 31/10
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      469 47 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 MOO 0700 o<oo 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 JR 16 1.1 08 07 07 10 1.4 19 24 26 26 23 1.9 1.4 1.0 08 08 09 1.3
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      Page 48 Advertisements Column 1
      1074 48 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PKE+ PGD SIN WTM AWT* LPT HAM BR£| FD. SI. MARIO 301N 23/10 23/10 23/10 2S/10 13/11 13/11 14/11 14/11 14/11 17/11 H. EXPLORER 302W 30/10 30/10 30/10 1/11 20/11 20/11 21/11 21/11 21/11 24/11 a CHALLENGER 301W
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      98 49 Every Saturday in Business Times /i/ It could be a controversial deal between two stock J market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is
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      6 49 INVESTMENT Every Saturday in Business Times
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