The Business Times, 20 November 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Friday, November 20, 1992 75*
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  • NEWS SUMMARY
    • 50 1 CANBERRA Australian Prime Minister Paul Keating yesterday said he would call an election any time in the New Year, indicating it would be sooner rather than later. Mr Keating's Labor government, regaining popularity in opinion polls, has until May 8 to call an election.
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    • 37 1 WASHINGTON US construction starts on new homes and apartments fell 1.1 per cent to a seasonally-adjusted annual rate of 1.23 million units in October after a revised 1.24 million units in September.
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    • 37 1 SINGAPORE'S Keppel Corp is still very much in the running for the mega-deal to redevelop the former American naval base in Subic Bay in the Philippines, said Olongapo Mayor Richard Gordon Page 2
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    • 35 1 STANDARD Chartered Bank's five prime residential properties, put on the market this week, have attracted strong interest from developers and individuals, said marketing agent Knight Frank Cheong Hock Chye Baillieu Page 2
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    • 46 1 GOODPACK System Pte Ltd, in which Hong Leong Corp Ltd has a 43 per cent stake, is counting on its invention an environmentally-friendly packaging system for commodities to propel it to a mainboard listing and sales of $250 million by 1995 Page 2
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    • 28 1 THE Philippine government yesterday released a six-year plan which aims for a 7.5 per cent annual growth in gross national product through 1998 Page 9
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    • 39 1 THE European Commission is offering the EC steel industry an aid package worth more than US$55O million (SsB96 million) to help steel-makers hit by economic recession, falling demand and cheap imports from eastern Europe. Page 10
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    • 38 1 THE US Coast Guard has given the thumbs-up to a model plan which will help independent tanker owners comply with oil spill response requirements set by the US Oil Pollution Act Shipping Times Page 1
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  • MARKET SUMMARY
    • 44 1 WALL STREET stocks were firm in early trading yesterday, garnering support from favourable earnings, a firm secondary tier, strength in the Dow transports, and the expiration of options today. The Dow was up four points to 3,211. The broad market was even.
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    • 33 1 SHARE prices rose on the London Stock Exchange at midday yesterday. At 1200 GMT. the FTSE 100-Share Index was up 6.7 points at 2,710.7. Volume was 374.7 million shares at midday.
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    • 41 1 INTERIM earnings at C K Tang Ltd fell 48.5 per cent. The retailer proposed a bond issue to raise funds to refinance the 525 million it had borrowed to buy its Orchard Road property Page 3
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    • 29 1 MALAYSIAN Airline System Bhd (MAS) has reported a 5.5 per cent rise in interim group net earnings to M$ 149.39 million (5596.6 million). Page 3
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    • 23 1 THE Kuala Lumpur Stock Exchange yesterday launched the first stage of a plan to introduce scripless stock trading. Page 3
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    • Article, Illustration
      29 1 Thursday Change BT-MGA 670.08 +1.41 Kuala Lumpur ...637.39 -4.38 Tokyo 16.871.31 +92.47 Hongkong 5,855.41 +7.08 Svdney 1,392.8 +17.7 Wednesday Change New York 3.207.37 +14.05 London 2.704.0 +24.8
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    • 23 1 Exchange rates USS SS 1.6340 100 Yen SS 1.3188 MS SS 0.6471 Money market rates Overnight 17/8% +5/8 3-month 2 1/8 unch
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    • 36 1 London Gold AM fix USSS333.60 -USS1.80 Rubber S'porc Dcc 145.50Vkg -0.25 M'sia Dec 223.50*/kg unch KL Tin Turnover 35tonnes -5 Spot MS 14.07 /kg unch Crude palm oil Turnover 1.064Iots +10 Dec MS959 /tonne -4
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  • 644 1  -  Pang out on $3m bail. Soon Tan remains in custody By Dawn Tan SINGAPORE Pang Kim Soon and Soon Tan, the key men behind debt-laden Colour Touch (S) Pte Ltd, were charged yesterday by the Commercial Affairs Department (CAD) with conspiracy
    Photos by Arthur Lee and Chris Loh  -  644 words
  • 421 1  -  Foreign creditors query Astra ownership From Maggie Ford in JAKARTA THOUSANDS of Indonesians queued for hours to retrieve their deposits from Bank Summa and foreign bankers sought clarification about the ownership of FT Astra International, whose shares had been pledged by the founding
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  • 437 1  -  From Catherine Ong in HONGKONG HONGKONG is going ahead with a HKS9.O4 billion (SSI.9 billion) airport site preparation contract despite failing to get agreement from China on the overall financing plan for the HKS6B.S billion project. Officials, however, emphasised yesterday that
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  • 372 1  -  From Loh Hui Yin in BANGKOK THE Thai stock market, reeling from the arrest of market player Sia Song, took another dive yesterday, while angry investors protested outside the Stock Exchange of Thailand (SET). The barometer SET Index lost 33.87 points to close
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  • Page 1 Advertisements
    • 126 1 ngfflSSigH ASIAN'S ill I COMPUTER PRINTER I RIBBON MANUFACTURER I Aircraft Schedule 31 Jkt/Bkk/China Stocks 25 Unit Trusts 22 Commodities 30 KLSt 23 Weather 31 Company News 3,4 Money Changer Rates 31 World News 10 Cryptic Crossword 31 Money Market 29 World Stock Markets 28 Editorial 12 Regional News 9
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    • 10 1 Hock Lock Siew: Bleak outlook for retail stocks, Pg 3
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    • 7 1 Impact of Bank Summa's crisis, Pg 7
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    • 93 1 Chesterton INTERNATIONAL International Property Consultants 6 Battery Road #14-02/03 Singapore 0104 Tel: *****22 China denies threat to renege on Sino-British pact, Pg2 WM Join us at the top. Enjoy the best Beijing flflH cuisines specially prepared by our master frjj 3T chef. All yours to savour, amidst the grand HH
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  • PAGE 2 NEWS
    • 396 2  -  Mayor: Group's offer of investment in shiprepair facility insufficient From Amy Balan in MANILA SINGAPORE'S Keppel Corp is still very much in the running for the mega-deal to redevelop the former American naval base in Subic Bay in the Philippines.
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    • 334 2  -  From Al Labita in MANILA SEVERAL business leaders yesterday suggested that the Philippines tap Senior Minister Lee Kuan Yew as its economic adviser. "Mr Lee's observation that the Philippines concentrate on the economics, not the politics, of government was very
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    • 321 2  -  From Amy Balan in MANILA MAJOR Philippine newspapers yesterday gave front page treatment to Senior Minister Lee Kuan Yew's visit here. The influential Manila Chronicle, which had carried a lengthy interview with the Senior Minister in its weekend issue, prior to his visit,
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    • 327 2  -  By Colin Tan SINGAPORE Five prime residential properties put on the market this week by Standard Chartered Bank have attracted strong interest from developers and individuals. Marketing agent Knight Frank Cheong Hock Chye Baillieu received about 30 enquiries on Monday the day the
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    • 174 2 SINGAPORE High-tech air-conditioner maker Ace Daikin aims to increase its yearly sales from $70 million to $300 million by the end of this decade. Executive chairman Robert Chua said yesterday that a $20-million factory being built in Ang Mo
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    • 307 2  -  From Joseph Rajendran in KUALA LUMPUR AMERICAN computer soft- ware giant Microsoft has opened an office in Kuala Lumpur and is expected to bite further into the market' share of its competitors. The company envisaged that its software sales in Malaysia will
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    • 346 2  -  By Shoeb Kagda SINGAPORE Asia, which is the world's leading producer of natural rubber, is poised to become the world's largest rubber consumer by the year 2000, said speakers at an international rubber forum. Overall rubber consumption in the region,
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    • 310 2  -  From Catherine Ong in HONGKONG CHINA yesterday denied that it has threatened to renege on a 1984 Sino-British pact on Hongkong because of the row with the UK government over proposed political reforms for the territory. An article in the People's Daily
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    • 394 2  -  By Genevieve Cua SINGAPORE Homegrown Goodpack System Pte Ltd is counting on its invention, an environmentallyfriendly packaging system for commodities, to propel it to a mainboard listing and sales of $250 million by 1995. The company, in which Hong Leong Corp Ltd
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  • Page 2 Advertisements
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  • COMPANY NEWS 1
    • 431 3  -  Company's interim earnings almost halved to 5410,000 By Sylvia Wong SINGAPORE Local retailer C k Tang Ltd announced a 48.5 per cent fall in interim earnings yesterday and said a bond issue was in the works. However, the aim. is
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    • 787 3  -  THE HOCK LOCK SIEW COLUMN Investor interest wanes, with share deals plunging up to 83pc By Sylvia Wong SINGAPORE If trading volumes are anything to go by, stock market investors are leaving retail stocks on the shelf. Transactions in the shares of the five listed
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    • 344 3 AFP KIv'ALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) yesterday launched the first stage of a to introduce scripless stock trading, a move officials hope will sharpen its edge over rival bourses in East Asia. KLSE executive chairman Nik Din YusofT
      AFP  -  344 words
    • 220 3 SINGAPORE KLSE-duty-free operator Sriwani Holdings Bhd expects Singapore retailers to take up more than half of the shops at its duty-free commercial complex at Stulang in Johor Baru when the project is ready in 1994. -.Managing director Jack Wong, who was in Singapore yesterday
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    • 213 3 SINGAPORE A Wearne Brothers subsidiary. O'Connor's Engineering Trading (Malaysia), has received the thumbs-up from investors, with its share offer closing 25 times oversubscribed. A Wearne Brothers statement yesterday said the shares of the company, formerly called Rank O'Connor's (Malaysia), are likely to begin trading
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    • 409 3  -  By Dexter Lee SINGAPORE A spate of aircraft sales has helped Malaysian Airline System Bhd (MAS) notch up a 5.5 per cent rise in interim group net earnings to MS 149.39 million (5596.6 million) from MS 141.59 million a year ago.
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    • COMPANY BRIEFS
      • 64 3 SINGAPORE Listed Straits Steamship Land (SSL) yesterday formalised its joint-venture agreement with three other partners for the development of a USSSO million (5581.5 million) hotel at Yogyakarta. Indonesia. The group said the topping ofY ceremony for the hotel will be held early next month, three months
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      • 52 3 SINGAPORE Pan Pacific Publications yesterday announced that its subsidiary. Manhattan Press (HK). has bought a 1,818 sq ft property in Hongkong's Wah Tat Industrial Centre for HKSI.IS million (*****.000). A 10 per cent deposit has been paid and the deal is to be completed on
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      • 75 3 SINGAPORE Superior Metal Printing Ltd's directors have recommended that its pail production line and singlecolour metal printing line be sold to Superior Metal Printing (M) Sdn Bhd, in which it has a 30 per cent stake. A circular to shareholders issued yesterday said this would
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      • 87 3 KUALA LUMPUR Innovest Bhd yesterday denied discussing any plan with entrepreneur Lim Geok Chan to manage a casino in China. The group said in a statement to the Kuala Lumpur Stock Exchange that this had not been discussed by the board. Mr Lim. vice-chairman and managing
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    • 299 3  -  By Dexter Lee SINGAPORE The rapid expansion of Hai Sun Hup Group Ltd's shipowning and chartering business has helped it increase interim profits despite the slowing global economy. For the six months ended Sep 30, 1992, the group reported a near 12 per
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    • COMPANY BRIEFS
      • 85 4 AUCKLAND Pat Goodman, the man who rose from being a baker in a small New Zealand town to become chairman of one of Australasia's biggest companies, stepped down yesterday after steering Goodman Fielder Wattie (GFW) through a turbulent post-crash era. Mr Goodman, who took over
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      • 72 4 LONDON Imperial Chemicals Industries pic said its bio-science interests will trade under the new name of Zeneca Ltd from Jan 1, 1993. This follows last July's announcement that ICI is considering plans to demerge its bio-science interests. ICI chairman Denys Henderson told a news conference
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      • 95 4 HONGKONG The US-based Otis Elevator Co, a whol-ly-owned subsidiary of United Technologies Corp, announced yesterday that it has set up a third joint-venture firm in China to manufacture and sell elevators and escalators. The agreement was signed with Guangzhou Nanfang Elevator Factory, a firm owned
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      • 73 4 MELBOURNE Foster's Brewing Group chairman Nobby Clark said the company expects a return to profit in the year to June 1993 after a loss of A 5950.83 million (S$ 1.05 billion) in the year to June 1992. Fosters, 37 per cent owned by The Broken
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    • 672 4 Itochu Corp bucks trend with 11.5 pc growth in interim profit AFP TOKYO Japan's big trading companies, with the notable exception of Itochu Corp, yesterday announced sharply lower earnings for the six months to September, although the results were generally better than
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    • 370 4 UPI TOKYO Slow domestic sales as a result of the sluggish Japanese economy led to lower first-half earnings for consumer electronics giants Sony Corp and Pioneer Electronics Corp. but the latter fared better on overseas markets, the two companies reported
      UPI  -  370 words
    • 272 4 FT SAN FRANCISCO Hew-lett-Packard has disappointed Wall Street with a 46 per cent drop in fourth-quarter earnings, after restructuring charges. The American computer and electronics maker said pricing pressures had afTected profits. Fourth-quarter net earnings were US$6B million (SSIIO.B million), or 28 US cents per
      FT  -  272 words
    • 372 4 AFP SYDNEY Two of Australia's leading banks posted vastly different annual results yesterday, with Westpac Banking Corp suffering a net loss of A 51.56 billion (S$ 1.73 billion) while National Australia Bank Ltd (NAB) reported a net profit of A 5675 million.
      AFP  -  372 words
    • 205 4 Reuter SAN FRANCISCO Apple Computer Inc's plan to re-pur-chase up to 10 million of its shares reflects the company's strong balance sheet and is a good way to increase shareholder value, analysts said. "It just shows the strength of the company's balance sheet that they
      Reuter  -  205 words
  • Page 3 Advertisements
    • 85 3 IN THE MARKET PAGES! More selling in KL 23 Nikkei extends rally 26 HK on a roller-coaster 26 A USTRALIAN PROPERTY INVESTMENT FRIDAY27th SATURDAY2Bth NOVEMBER 1992 10.00 AM. TO 7.00 PM., WALL STREET ROOM, PAN PACIFIC HOTEL 'Adelaide gimurne V^obart \f NEyv ZSALAND TASMANIA r Over 40 properties exhibited Priced
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  • Page 4 Advertisements
    • 470 4 (52} GOLDEN HOPE PLANTATIONS BERHAD J I (Incorporated in Malaysia) Golden Hope Directors: Registered Office: Tun Ismail bin Mohamed Ali (Chairman) 13th Floor Dato' Abdul Khalid bin Ibrahim Menara PNB Zain Azahari bin Zainal Abidin 201 -A, Jalan Tun Razak Mohammad bin Abdullah ***** Kuala Lumpur Howe Yoon Chong Malaysia
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  • Page 6 Advertisements
    • 244 6 A.C.E. DAIKIN BREAKS NEW GROUND TO PROVIDE THE ULTIMATE IN AIR CONDITIONING •k Mr. Lim Boon Heng will break the ground for this modern A.C.E. DAIKIN Complex comprising a 2 storey manufacturing plant and an 8 storey complex. A.C.E. DAIKIN (Singapore) Pte. Ltd. is investing COMPLEX will manufacture and service
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  • FINANCIAL NEWS
    • 390 7 Impact of Bank Summa's crisis AFP JAKARTA The probable suspension of Bank Summa's licence has further revealed the precarious state of Indonesia's banking system, following the rescue of Sampoerna International, analysts said on Wednesday. Last week, Sampoerna International had to be taken over by
      AFP  -  390 words
    • 289 7 Reuter TAIPEI Taiwan will open its stock market to investment by foreign brokerages as part of a rescue plan for the slumping bourse, the Securities and Exchange Commission (SEC) said yesterday. "We are ready to open the stock market to foreign brokers
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    • SMALL CHANGE
      • 102 7 WASHINGTON Lee Henkel, a former thrift regulator who sat on the Federal Home Loan Bank Board, has agreed to a ban from the banking industry for his activities helping Charles Keating's failed Lincoln Savings and Loan. The Office of Thrift Supervision said Henkel
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      • 81 7 BUDAPEST The Budapest Commodity Exchange plans to launch foreign exchange futures trading in the early part of 1993. No exact date has been set for the launch, which will feature contracts for US$l,OOO and US$lO,OOO and 2,000 and 20,000 marks. Settlement will be in forints.
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      • 82 7 LONDON Composite insurer Commercial Union said it was placing 100 million 8-3/8 per cent cumulative irredeemable preference shares at £1 each. The joint brokers for the issue are Cazenove Co and Hoare Govett, the company said in a statement. Commercial Union raised £99.6 million (*****
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      • 83 7 NEW YORK A former Drexel Burnham Lambert Inc executive convicted after his former boss, Michael Milken, testified against him was spared prison at his sentencing on Wednesday. US District Judge Louis L Stanton suspended a one-year prison sentence for Alan Rosenthal, who was convicted of attempting to
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 201 8 The cure for sluggishness in the office is to replace all your joints. Is your office sick? The symptoms are easy to spot: Continuous design headaches that restrict your work. Back pains and back-biting among your staff. And strain and stress every time you want to expand. The cure, however,
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  • THE REGION
    • 250 9 AFP MANILA The Philippine government released yesterday a draft medium-term development plan calling for 7.5 per cent annual growth in gross national product through 1998, despite severe infrastructure problems. The six-year plan unveiled by Economic Planning Secretary Cielito Habito forecast
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    • 413 9 Reuter MANILA The Philippine government promised the business community yesterday it had taken definitive steps to end the country's crippling power crisis and to tackle barriers to growth. Finance Secretary Ramon del Rosario told the Philippine Business Conference that the country was
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    • 326 9  -  By Harish Mehta SINGAPORE The Viet-nam-based regional director of a Singapore company has been awarded the prestigious Golden Star by the Vietnamese government for his contribution to the economic development of Ho Chi Minh City. Shantanu Srivastava. the 37-year-old regional director of Namita
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    • 212 9 Reuter UNITED NATIONS The US and Britain want sanctions imposed against the Rhmer Rouge soon and the guerilla group excluded from Cambodia's planned elections if it does not join the peace process early next year. Diplomats said on Wednesday that a
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    • 326 9 AFP CANBERRA An internal review of Australian aid to Indonesia has found the programme "overwhelmingly successful in meeting developmental objectives". Trade and Overseas Development Minister John Kerin said yesterday. The review, carried out by the Australian International Development Assistance Bureau (Aidab), also showed
      AFP  -  326 words
    • NOTE BOOK
      • 57 9 MANILA Taiwan firms plan to invest in agriculture-based businesses at newly-established industrial estates near here, a Philippine official said yesterday. Trade and Industry Undersecretary Tomas Alcantara, who recently visited Taipei for talks with economic officials, said the companies would be set up in the
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      • 58 9 MANILA China is ready to join a planned dialogue here next month with fellow claimants to the Spratly islands and is in favour of joint development of the area, its ambassador to the Philippines said yesterday. Ambassador Huang Guifang said his government was "ready for fruitful
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      • 51 9 TOKYO Garbage bags and a drum can symbolising radioactive waste being piled up in a demonstration by Japanese civil protesters in front of Mitsubishi Kasei chemical company yesterday against Mitsubishi's radioactive production and waste pollution at its joint venture firm, the Asian Rare Earth factory in
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      • 64 9 PERTH A court here yesterday found bankrupt Australian businessman Alan Bond not guilty of dishonesty, in a retrial following his earlier conviction on the charge. Bond was convicted on the charge in May and sentenced to a jail term of two-and-a-half years, but new evidence led
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  • Page 9 Advertisements
    • 45 9 CARPET AUCTION 110 carpets and rugs from Persia, Pakistan and Afghanistan. All carpets are backed by a full trade-in guarantee at our showroom. Auctioneer: Sfiffi&fSS Presenter LEE BOON CHUA Y EgMfl HMM PETER HEDGER 24A/26 Lorong Mambong (Holland Village Back Area) Singapore 1027 Tel: *****28
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  • THE WORLD
    • 425 10 Package will help industry through cuts, closures Reuter STRASBOURG, France The European Commission has offered the EC steel industry more than US$55O million (SSB96 million) to help it snap out of a crisis through production cuts and closures that could shed 50,000 jobs.
      Reuter  -  425 words
    • 350 10 Reuter BRUSSELS The European Commission, although deeply worried about Europe's economic stagnation, has no plans for a fresh boost to EC spending to drag it out of recession. Commission sources on Wednesday said Commission President Jacques Delors and Economic Affairs Commissioner
      Reuter  -  350 words
    • 281 10 UPI WASHINGTON A congressional study shows that United States high tech industries and technologies lagged internationally in the 1980s with the exception of pharmaceuticals. But the General Accounting Office, the investigating arm of US Congress, said that there are "significant limitations" in
      UPI  -  281 words
    • 218 10 Reuter MOSCOW Estonia's central bank has frozen accounts at the country's three largest banks indefinitely amid a crisis of confidence in the former Soviet republic's financial system. Local journalists said the move by the Bank of Estonia was announced by its president, Siim kallas. Mr kallas
      Reuter  -  218 words
    • 257 10 Reuter SEOUL Russian President Boris Yeltsin, in gestures to his Seoul hosts and to world peace, yesterday handed over the flight recorders from a downed South Korean airliner and said his country could soon stop building submarines. The Russian leader, on his first
      Reuter  -  257 words
    • WORLD WATCH
      • 91 10 BEIJING China threatened yesterday to retaliate strongly if France approves the sale of 60 Mirage 2000-5 jet fighters to Taiwan. China would take strong action in retaliation if France went ahead with the sale, a Chinese Foreign Ministry spokesman said, but gave no
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      • 66 10 OTTAWA Canada has warned South Korea and four other countries it will take trade and economic measures against them unless they stop fishing off its North Atlantic coast, a foreign ministry spokesman said. Trawlers from South Korea, Venezuela, Honduras, Panama and Morocco fish regularly in waters outside
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      • 38 10 SIRT, Libya Libyan leader Muammar Gaddafi said on Wednesday that half his country's US$lO billion (S$ 16.3 billion) a year in oil revenues would be distributed directly to the Libyan people with effect from next year.
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      • 46 10 BRUSSELS Africa is more prepared for investment that will help create a free market than Eastern Europe is, the president of the African Development Bank told Belgian businessmen. Both Africa and Eastern Europe are competing for investment from firms in the West.
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      • 59 10 MOSCOW Lawmakers on Wednesday temporarily shelved plans to block foreign banks from operating in Russia, despite fears that they could squeeze out Russian competition and drain capital from the country. Various non-governmental groups have recently accused the government of allowing as much as US$lB billion (5529.3
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  • Page 10 Advertisements
    • 196 10 vvLUE CANTONESE CUISINE not simply value meals that you have heard so much at the Fortune Gate Restaurant. That's exactly what we are offering to you. Sharks fin soup, boiled live prawns, steamed live fish, chilli crabs and many others to titillate yourtastebuds for only $18.80 per person in our
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  • SPORTS
    • 683 11 ATP World Championships AP FRANKFURT Jim Courier defeated Riehard Krajieek 6-7, 7-6, 7-5 in the ATP World Championships on Wednesday to take a big step towards retaining his No 1 world ranking. Pete Sampras beat Stefan Edberg 6-3, 3-6, 7-5 to keep
      AP  -  683 words
    • 212 11 Reuter SAN DIEGO Syndicate leaders defending the America's Cup, in an effort to cut the estimated half-billion-dol-lars it costs to compete for the Cup, on Wednesday banned some of the expensive mania for secrecy that envelops the competition. Among the lengths competing syndicates
      Reuter  -  212 words
    • 525 11 Virginia Slims Championships AP NEW YORK A night after the No 2 seed was bumped out of the tournament, the Virginia Slims Championships ran true to form on Wednesday. Third-seeded Gabriela Sabatini. No 5 Arantxa Sanchez Vicario and No 7 Jennifer Capriati posted straight-set
      AP  -  525 words
    • SIDE LINES
      • 148 11 PRESTON, England James Wattana thrashed veteran Doug Montjoy 9-1 to ease into the last 16 of the United Kingdom Championship on Wednesday. The 22-year-old Thai, who beat former world champion Alex Higgins 9-3 in the previous round, was again in top form as he brushed aside
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      • 57 11 LONDON Paul Gascoigne put England's World Cup qualifying campaign back on course but Scotland and Wales look like missing the trip to the US after disappointing results on Wednesday. Northern Ireland also look on their way out after European champions Denmark finally ended their goal
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      • 98 11 DURBAN, South Africa After years of isolation. South Africans have forgotten how to appreciate the subtleties of Test cricket. Instead of patiently watching the unfolding drama of a game which lasts five days and can still end in a draw, most prefer the instant thrills of one-day
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      • 107 11 LONDON Lester Piggott received one of racing's top honours on Wednesday night as he made his first public appearance since suffering multiple injuries in a horrific fall during the Breeders' Cup in Florida last month. The 57-year-old collected the Cartier Award of Merit at a gala dinner
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      • 88 11 PERTH Australia's legendary former fast bowler Dennis Lillee has called on his country to "fight fire with fire" in the five-match Test series against the West Indies, starting in Brisbane today. "They have used the shorter-length ball very well over the years and there is no
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  • 487 12 EDITORIAL PAKISTAN'S PRIME Minister Nawaz Sharif exercised the only option available to him when he authorised police to arrest his elected predecessor Benazir Bhutto and banish her from Islamabad for 30 days. But it can also be argued that she had no option but to take to
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  • WHAT THE OTHERS SAY
    • 284 12 THE CONCEPT of an expenditure tax, though much discussed in academic literature, has thus far not been implemented successfully in any country. The concept seems too radically different from the traditional tax systems most countries are used to, to be tested on the ground. The administrative problems
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    • 88 12 A RECENT Mendaki/NUS study showed that about 55 per cent of the underclass Malay-Muslim families live below the poverty line with a household income of less than $400 per month. To help them, Mendaki has prepared a master plan which it intends to discuss with other organisations
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    • 134 12 THE RETURN to power of former communists in Lithuania indicates that Eastern Europeans may move from one extreme to another. They would rather be ruled by former communists than put up with endless social unrest, unemployment and a standard of living that continues to fall. This is
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  • REGIONAL VIEWPOINTS
    • 161 12 INTENTIONALLY or unintentionally, Maj Gen Chamlong Srimuang, the de facto leader of the Palang Dharma who chose to stay out of the Chuan Cabinet, works like an oversized fifth wheel. First, he made all Palang Dharma ministers reveal their wealth to the public, though
      161 words
    • 195 12 THE RIDDLE "what do you get when you cross a komodo dragon with a kangaroo?" put forth by none other than Coordinating Minister for Economy, Finance, Industry and Development Supervision Radius Prawiro at a dinner honouring the Australia-Indonesia Ministerial Forum last Sunday seems to accentuate the peculiar
      195 words
    • 146 12 A SHORTAGE of refining capacity in the Asia-Pa-cific in the 1990s is imminent as the region continues to experience robust economic growth, one which will still be strongly fuelled by crude oil and petroleum products. To capitalise on the shortage of refining capacity in the region,
      146 words
  • 805 12  -  Maggie Fox reports on the growing clamour for a more interventionist style to replace the self-regulatory control system in the City Maggie Fox Reuter Britain's system of financial self-regula-tion, developed after the 1986 "Big Bang" reform of its markets, has failed to stop a
    Reuter  -  805 words
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  • Page 12 Miscellaneous
    • 37 12 DOONESBURY GARRY TRUDEAU IMSORRXdOOPSie, 11 HEdOJHHAVE TOi/UORKf RZUABLE?\\B.(?.. AT LEAStSI ZONKERISOUT PNP tUB HAVEftT BEEN fOU THINK HSWOtfT TAKE HOW ABOUT OF THE QUESTION.' j, ABIETO HNPAFfORPmE, THtSONE? RQ.WHAT RELIABLE CHOP CAPS s CHOICEPO I ANYWHERB! L
      37 words

  • ANALYSIS
    • 1597 13  -  Alison Lester finds Japanese executives agreeing that when a long-term strategy is right, it's right whatever the economic conditions Alison Lester IF THE Japanese corporate exodus of the late 1980s could be replayed today, it would be a lot less gung-ho. Hard-pressed companies are now
      Source: Ministry of Finance, Japan  -  1,597 words
    • 607 13  -  William Dawkins explains why Paris is so sensitive to farmers' demands William Dawkins FT THE EXISTENCE of powerful agriculture lobbies in France does not fully explain why the government is so sensitive to farmers' deftiands. The make-up of the population does. Just
      FT  -  607 words
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  • FOCUS
    • 819 14 Benazir Bhutto has once again gone against the grain. Her protest march against Premier Nawaz Sharif on Wednesday ended in her deportation. But she is far from giving up. Reuter PAKISTAN'S Benazir Bhutto is no stranger to her country's corridors of powers or its jails. Pakistan's
      Reuter  -  819 words
  • Page 14 Advertisements
    • 219 14 Your trust being our main g0a1.... ***** Search and TRUST. iHi K HAND-MADE ■carpet! I sale! fR 3 Davs Viewing Venue: ORCRARD HOTEL Shopping Arcade |||j|P J§B| Date: Thur. 19th Nov. to Sat 21st Nov. j|||||£| •tiff B.oopm PIPm sERf Over 100 Hand-knotted Persian Village, yfi|S| jggap Tribal and Workshop
      219 words

  • Page 15 Advertisements
    • 496 15 r i i. he Lexus has no rival. Service intervals wi II be "The I „exus is a magnificent Financial Times infrecj u en t. upkeep costs piece of machinery, excjuisitely will be low and overall engineered an d pa n A remarkable engineering cjuality will be unsurpassed. s takingly
      496 words

  • Page 16 Advertisements
    • 428 16 ««^jp r mi .^r#^R, l« B r'BB k f Bf Sb I IP' —i jt has Lee n said that il one experienced designers and technicians wind tunnel-tested to have a drac> Again, no expe^^ were to create an original, it must our organisation could muster. coefficient lower th a
      428 words

  • Page 17 Advertisements
    • 393 17 l V- H^ s^ rag Again. no expense was spared in kick is why wken tk e first 0.29 Cd body. was exactly wkat tke ker its making. Lexus finally ro lied off tke production wor Id desired. Someone suggested constructing a line, it cI id n't just mark tke
      393 words

  • Page 18 Advertisements
    • 768 18 fafl Nothing Beats A Bud. where to wine, dine OF v* "'/ft' f j Unique cultural flavours of Ting Tan' served for lunch and dinner. Catch this delightful and ancient cultural performance while savouring our culinary delights from 16 22 November at the Hen Court Restaurant. Call 739 3193 for
      768 words
    • 308 18 We've just bred a new winner at The Stables The Businessmen's Derby Lunch ,-toC A delectable choice of appetisers and followed closely by your pick from five delightful main dishes and a selection of desserts Finish ■««<*■«. with coffee or tea Only $28.00+ O*" }JJ Orchard Ro*l S<nnapo«T 0925 Tel:
      308 words
  • Page 18 Miscellaneous
    • 647 18 TELEVISION AND RADIO A J 1 1 j1 1 QRri9 2.50 Close. 8.00 National News (M). RIJSINESS ON RADIO AdoDted bv the mob s»^„ a bp** J M. SlfciSSr-*. E?.a-SLHR- i?:2ISS cu,*, -My G,H IKnnnTTTITTHI IST w: I American Indian: Civ.l.sation fi C lnc (C) Sal. Starring Rita Hayworth wona
      647 words

  • LIFESTYLE
    • 985 19  -  Andy Garcia is one actor who does not like to reveal much of himself or his family's past, as Jamie Diamond discovers Jamie Diamond NYT YOU WOULD expect Andy Garcia to look cheerful. After years of searing performances in supporting roles, he is starring in two films, Hero
      NYT  -  985 words
    • 503 19 CHATTERBOX A MONTH after discovering film director and comedian Woody Allen was having an affair with her daughter, Mia Farrow sent him a Valentine consisting of a family photograph pierced with a steak knife through her heart, a newspaper reported on Wednesday. Steel skewers
      503 words
  • Page 19 Advertisements
    • 207 19 AND ENTERTAIN The Ocean's Catch Our Seafood Buffet on Fridays are "fishy" affairs. Drop by for the freshest catch from the ocean Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00+ ANA HOTEL For reservation!, picas* call SINGAPORE 732-1222 extension 1700 mat* i»i ra I
      207 words
    • 69 19 4===^==| I Sfank 4. *?ik I ISBS Complimentary Birthday Cake^ H (Booking 24 Hr» in advance) Steam FishW/Soyaßean^H H Sharks Fin W/Crab Meat Crystal Vernnceli W/Minced M Maple Leaf Crispy Chicken Meat jjfl Duck Meat W/Lettuce Sweet Corn W/Water H H Bean Curd In Two Flavour Chestnut IH I f
      69 words
    • 138 19 I-. DICKENS LOUNGE (PARKWAY PARADE) J MAHQNEY (DUXTQN ROAD) TAKE 5 < >»i > v i 1 jjp« I j II I I D I 11 I w&i> Purchase llflxllf A QUART OF Si \)r x[| Q*CI3fSD THE WORLD'S > uln most popular single malt whisky > otl AND YOU
      138 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 678 20  -  By Paul Leo NEGATIVE sentiment in regional equity markets spilled over to the local exchange yesterday, dampening activity on the local bourse. The benchmark Straits Times Industrials Index lost 4.55 points to close at 1.418.38. The possible collapse of Indonesia's Bank Summa. profit-taking
      678 words
    • Article, Illustration
      88 20  -  -By Quak Hiang Whai ON THE daily charts, Nat Steel's recent surge was spectacular. It rose to $3.28 this week after falling below $2.50 last month. That sent short-term indicators nearer the overbought region. Daily RSI went above 75 and is turning down. Daily stochastics are also reversing
      SOURCE: BRIDGE INFO  -  88 words
    • 2981 20 Gr's Gr's 1992 Tel Curr Last Vol Day Last Quote Div Di» YTd Net M Cap High Low Code Company Traded Sale +or- (*000) High Low Buyer Seller C*r P/E Smil INDUSTRIAL AND COMMERCIAL 220 170 1000 Acma 197 unch 10 197 190 196 197 12.2 2.1 6.2 11.4 121.5
      2,981 words
  • Page 20 Advertisements
    • 64 20 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 MM Centrepoint Tel. *****98/603 •Peninsula Plaza Tel. *****09/*****63 7jL W .^rA%m Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel. 03-*****2(V932
      64 words


  • 3601 22 Magnum Corp 50» 680 II3 t 2.3% MMC 10* 159 +14 +9.7% Uniphx Rts RLS 43 flO'- +32.3% Dunlop Esl CULS 550 +10 +1.9% Multi-Purpose 176 +7 +4.1% YTL Corpn 50* 275 f 5 tl.9% Sg Way TSR97 165 f3 +1.9% Berjav a Leisure 169
    3,601 words
  • Page 22 Advertisements
    • 763 22 BUSINESS TIMES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF ALLIED CONTRACT SERVICES PTE LTD (In Mimbtfl Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore 0023
      763 words
    • 195 22 M THE MATTER OF BOON MARKETING COMMUNICATIONS PTE LTD (In Membera' Voluntary Liquidation) NOTICE OF FINAL MEETMO NOTICE IS HEREBY GIVEN pursuant to Section 306 erf the Companies Act, (Cap. 50) that the Final Meeting of the Members of the above named Company wil be held at 101-A Upper Croas
      195 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 1033 23 Bernama SHARE prices ended lower yesterday on continued selling pressure but at a slower pace from the previous days. In moderate trading, the KLSE Composite Index eased 4.38 points to 637.39 while the Industrial Index declined 3.83 points to 1.105.54 and the Emas
      Bernama  -  1,033 words
    • 4508 23 1992 last Vol Day Met Cap High l/)w Tejeode Companx Sale '000 High l/>* P/E Smil INDUSTRIALS 221 164 7003 A1 SB 50* 173 1 81 173 168 576.7 177.5 414 212 7004 ASM 50« 278 -10 453 288 278 14.6 1143.1 650 530 7000 Acidchem 595 5 6 595
      4,508 words

  • BT SHARE INFORMATION SERVICE
    • 288 24 Company Date Year Group Net Net earnings Gross ann to profit/loss per share dividend (000) (cents) Sateras Res Nov 13 Mar 92 M$2.U1L($3.3.88L) -<-) -<-) Pente* Nov 11 Jun 92 $641($1.261) 15(29) 5TE(6TE) Choc Prod Nov 9 )un 92 M$4.439e($4.447e) 5(5) 10(10) PJ Dev Hldgs Nov 9 Jun
      288 words
    • 122 24 Company Date Year Group Not Not earnings Gross ann to profit/loss per share dividend ('000) (cents) AISB Nov 14 Jun 92 MJ334KJ11.495) -(22.4) 5(12) NST Nov 16 Aug 92 MJ68,894($55,298) 38(31) 20(10) Kemayan Nov 16 May 92 MJ23.461KJ457L) 3(15) Faber Nov 2 Jun 92 M$33.305(M532,435) 3.9(8.6) H leong
      122 words
    • 159 24 Company Date Half-year Group Net Interim ann to profit/lost dividend ('000) General Corp Nov 13 Jul 92 M$2,378($2,822) Chem Ind Nov 10 Sep 92 $3,315(53.549) J Cement Nov 9 Sep 92 $5,875(15.740) Malayawata Nov 7 Sep 92 M$25,552($25.800) 5(2 5TE) Rothmans M Nov 2 Sep 92 M$102.434(M$106.559) 60(50)
      159 words
    • 170 24 Mi Bwri let Fti Year Forecast Date Net Net PreCt EPS amcd Yaar EPS Cress prefit Raage t«P C«w PfrieO last ft emfiag (ets) *r (SIM) (SSa) (cts) three Pele F Nov 18 Dec 92 1.8 1.5 4,925 4.5-7.5 1.2—2.0 !ftaesP* F Nov 22 Aug 92 29.5 10.0
      170 words
    • 591 24 Nov 14 The Hong Leong Group is to launch a 200 million peso mutual fund in Manila. Nov 12 Yeo Hap Seng Ltd plans to buy a warehouse and office site in Jurong for 14.35 m to expand its warehousing capacity. Gddtron Ltd has sold two-thirds of its
      591 words
    • 484 24 Company Rights Issue Atonee Tech Three for five fc. SI 00 per share Estate Dec 10 Bki Um Dec 22 Acceptance and Payment NYA Guthrie GTS One lor one SO 23 per share Ex4ate Nov 26 Books close Dec 8 Vceptance t Payment NYA 0C8C One tor live
      484 words
    • 472 24 Company Rights Issue Amal Steel One toe three <». MJ2 20 per share Issue of 211 62m 50% Cumulative Redeemable Preference shares ot 10 sen each 1992 97 (CRPS> with up to 211 62m Transferable Subscnption Rights (TSR) tor an aggregate price ot M$1 per CRPS with one
      472 words
    • 213 24 Sun Corporation Ltd: EGM at 252 Tembelmg Road. #02-07, Tembelmg Centre. Singapore 1542. on Monday. November 23. at 11.00 am Uniphone Teiecommunicatiom Bhd: EGM at the registered ofhce. 10 ialan Tandang. ***** Petaling Jaya. Selangor Darul Ehsan. on Monday. November 23. at 10.00 am Guthrie GTS Ltd: EGM
      213 words
    • 156 24 Conversion Special Trdg Scripless Conversion deadline Period Trading Companv starts (1DP) (ST) starts Alliance Tech Jan 13 Feb 3 Jan 22 Feb 3 Feb 4 Bomests Nov 9 Dec 3 Nov 23 Dec 3 Dec 4 Chemical lnd Nov 9 Dec 3 Nov 23 Dec 3 Dec 4
      156 words
    • 567 24 Man Board Last M Year C«*ay Period Date Tor EPS Cms M imimrrt eating (crs) tiv preM last year (SS'HO) ENS Final Nov 6 Jul 91 3.0TE 17,8781 Kings Interim Sep 10 Dec 92 5.3 5.0 4,436 CP latteries Interim Nov 11 Mar 93 41.3 11.8TE 13,952
      567 words
    • 148 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1992 li*: *****8 (21/2/92) |»2 hjtf 1M5.92 <27/1/92) 1992 low: 1122.50 (18/8/92) tar ***** 8/8/92 1991lith; 1333.08 (3/6/91) *5.58 <3/6/9 1991km: 1022.52 (16/1/91) J" £r 149 08 16/1 91 1990 hfh: *****3 (16/7/90) »J J07-" < 1990 km. 981.07 09/11/90) m
      148 words
    • 879 24 Trans Registered Substantial Buy/ Ho. Amount Shareholding Stock Date Holder Shareholder/Director Sell shares Before H After H J Cement 18/11/92 Tan Pee Sim Tan Eng Sim B 50,000 129.790 140.000 0 40 190.000 0 54 Ul Securities 17/11/92 UOB Life Assurance B 27.000 22,314 438.000 0 00
      879 words
    • 330 24 In local cutt In SS l« L'SS dv S >r S d> S >t S dv >t Nov is Index chy chge chgt chge chge chge 3810 I.I -6.7 1.0 -9.1 1.2 -9.9 444 8 1.7-11.4 1.8 -15.4 2.0 -16.1 4(6 3 00 1.2 0.3
      330 words
    • 877 24 Currant Ex Books Date Total tor Total for payment date dote payable the year last year USB 51(b) Jan 8 Jan 22 ton 29 51 121 Aral Steel 50c 121(b) Nov 19 Dec 3 Jan 2 121 121 Antah Wp 50c 61(b) Dec 1 Dec 15 Dec 2«
      877 words

  • CHINA STOCK EXCHANGES
    • 415 25 Reuter CHINA shares closed little changed yesterday in dull trading following the previous day's rebound among domestic shares, brokers said. The CLSA All China Index fell 0.2 per cent, after bouncing 4 per cent in the previous session. Shenzhen A shares were the
      Reuter  -  415 words
  • JAKARTA STOCK EXCHANGE
    • 947 25 STOCKS closed mostly lower in very thin trade with attention focused on the troubles of Bank Summa and PT Astra International, brokers said. "Investors seem to be almost losing interest in the market. They are extremely cautious in taking positions," one broker said. Astra
      947 words
  • STOCK EXCHANGE OF THAILAND
    • 2124 25 Reuter STOCKS suffered heavy losses for the second day after the Securities and Exchange Commission (SEC) took legal action against a major investor and fears spread in the market that others might fall, brokers said. The SET Index plunged 33.87 points, or 3.90 per
      Reuter; Source: Bridge Info  -  2,124 words
  • Page 25 Advertisements
    • 56 25 IIfUIItf_IU_IHIH(U|WMIII_ II I I 111 II II I II H 1111 ill II I I Find out in I■ I I HI I Ift I r I I| I I Hfc wI I I Personal Investment and Finance. II I I I H Ift Ift I ■II I I I
      56 words

  • TOKYO STOCK EXCHANGE
    • 2550 26 Reuter STOCKS pushed their technical rally into a second day yesterday and the Nikkei closed firmer but off its morning highs. Profit-taking and some futures-linked selling helped offset the effects of continued buying by public pension and insurance funds, brokers said. "The Nikkei
      Reuter  -  2,550 words
  • STOCK EXCHANGE OF HONGKONG
    • 2437 26 AFP SHARE prices ended slightly up on the local stock market yesterday after a roller-coast-er day which saw the Hang Seng Index fall more than 200 points at one stage. It then recovered in the wake of a government call to investors
      AFP  -  2,437 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2105 27 Reuter STOCKS climbed steadily all day yesterday to close on their highs with gains uninterrupted by as-expected results from Westpac and National Australia Bank. Brokers said the upbeat tone of the past two days continued as local institutions started buying again and with
      Reuter; Source: Bridge Info  -  2,105 words
  • REGIONAL STOCK MARKETS
    • Manila issues down on fear of power cuts
      • 516 27 FEARS about the effects of daily power cuts on industrial production pushed share prices lower yesterday despite scattered bargain hunting, analysts said. The Composite Index fell 4.57 points to 1,310.59. Combined turnover on Manila's two exchanges dropped to 1.1 billion shares worth 120.59 million pesos from Wednesday's 1.2 billion
        516 words
      • 154 27 INDIAN stock prices fell yesterday and will fall further amid concern over the economy and a flood of new stocks hitting the market, said Pradeep Shah, of Credit Rating and Information Services India Ltd. He said the Bombay Index could drop to 2,200 points this month. But he said
        154 words
      • 321 27 THE share market yesterday closed stronger for the fourth straight day and for a change it was strength in the leaders which led the way. "There was good interest in a range of blue chips. We've seen offshore interest in our market all day," said Hendry Hay Mcintosh's
        321 words
      • 803 27 STOCKS ended a moderate day's trading comfortably higher yesterday due to a technical rebound aided by buying in the largest share listed on the Seoul bourse, brokers said. They expect strong interest in largecap electricity utility Kepco to continue to boost the market today. The index gained 11.24 to
        803 words
      • 465 27 TAIWAN stocks closed higher yesterday as trading interest rose after the market's 2.1 per cent gain on Wednesday, brokers said. The Weighted Index closed 22.28 points higher at 3,682.38. Turnover rose to NT$l3.6 billion from NT$ll.5 billion. All sectors were higher except paper. Brokers said investor sentiment was improving
        465 words
      • 52 27 Close Previous +/-i .No* 19 NEW ZEALAND NZSE-40 Capital 1.448 84 1.434.9 13 94 MANILA Composite Index 1.310.59 1.315.16 -4.57' Turnover (mil pesos) 120.59 125.6 -5.04 TAIPEI Weighted Price Index 3.682.38 3.660.10 22.28 Turnover (NTS billion) 13.6 11.5 +2.1 SEOUL Composite Slock Index 632.49 621.25 +11.24 Turnover (billion won) 410.67
        52 words

  • WORLD STOCK MARKETS
    • Bargain-hunting buoys US blue chips
      • Article, Illustration
        1212 28 BLUE-CHIP stocks closed higher on Wednesday, buoyed by bargain-hunting after four straight losing sessions. The Dow Jones Industrial Average rose 14.05 points to close at 3,207.37. In the broad market, advancing issues led decliners 1,176 to 626 on New York Stock Exchange volume of 219,080,000 shares, compared with
        1,212 words
      • Article, Illustration
        714 28 GOOD trading statements, an unexpected rise in retail sales and rumours of a breakthrough in the Gatt talks helped lift trading on the London Stock Exchange by the close on Wednesday. The Financial Times Stock Exchange 100-share Index at the close was 2,704.0 points, up 24.8 points. The narrower
        714 words
      • 131 28 GERMAN stock markets were closed on Wednesday for the Prayer and Repentance Day holiday. On Tuesday, the 30-share DAX Index reversed early gains and ended 1.90 points below Monday's close at 1,545.05, leaving a key support level at 1,540 intact. Markets reopened yesterday. Frankfurt Nov 17 DM Acg 148.20
        131 words
      • 285 28 DUTCH shares had a dull, nervous session on Wednesday, with recent dol-lar-powered gains fizzling into losses as the US currency dipped. The EOE Index fell 1.41 to 278.47. Investors, depressed by corporate profit and weak results right across Dutch industry in the last few months, are in no hurry
        285 words
      • 167 28 FRENCH shares slipped back on Wednesday afternoon to finish lower as the selling that has characterised the market in recent days resumed after a lull in the morning. Dealers said talk of brokers downgrading their earnings estimates in some leading stocks reminded the market of recent poor company results
        167 words
      • 163 28 PROFIT-taking on Wednesday ate into some of the recent sharp gains in state sector stocks, particularly the banks, while elsewhere blue chips were generally easier. "It is natural there should be some profit-taking after the strong run up," said one broker. Volume was calmer after Tuesday's 470 billion lire,
        163 words
      • 300 28 SWISS shares ended a moderately active session easier on Wednesday but above lows after a technical rebound from earlier losses in late trade. For most of the session selling pressure had prevailed with players uneasy ahead of the Dec 6 referendum on the European Economic Area (EEA), dealers said.
        300 words
      • 136 28 BUYING led by foreign investors on Wednesday pushed shares to a higher close, while domestic investors stuck to the sidelines awaiting earnings reports due out later this week from blue-chip firms such as Ericsson and Volvo. Investors chose to ignore rising interest rates. The All Share Index rose 0.23
        136 words
      • 198 28 BELGIAN shares ended mixed to lower on Wednesday in line with weaker European markets and as operators squared positions on the last day of the trading account. The Bel-20 Index of leading shares closed down 3.22 points, or 0.28 per cent, to 1,138.20. A total 964 million francs worth
        198 words
      • 537 28 JOHANNESBURG share prices came off earlier highs towards the close on Wednesday as punters squared positions. Prices edged higher in steady trade as the market found solace from the weak financial rand foreign investment unit, improved dollar price of bullion and news of a bank rate cut. But analysts
        537 words
      • 336 28 TORONTO stocks ended higher on Wednesday, breaking a four-day losing streak on the strength of gains on Wall Street and a recovery in the Canadian dollar, dealers said. "We're following New York more than anything else, although the Canadian dollar did help," one dealer said. Gains were led by
        336 words
      • 107 28 Nov 18 Close Previous NEW YORK Dow Jones 3.207.37 3.193.32 +1405 S&PS00 422.85 419.27 +3.58 Turnover (million) 219.08 187.66 4-31.42 LONDON FTSE 100 2.704.0 2.679.2 +24.8 Turnover (million) 551 476 +75 FRANKFURT DAX Index closed 1.545.05 AMSTERDAM EOE Index 278.47 279.88 -1.41 PARIS CAC-40 1,759.17 1.764.44 -5.27 ZURICH SPI All-Share
        107 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • 1191 29 REPORTS THE US dollar ended lower against the mark in Tokyo yesterday, reflecting the mark's gains against European currencies ahead of the European opening, while it remained firmer against the yen, Tokyo dealers said. "Some mark buying emerged against European currencies in
      1,191 words
    • 367 29 Reuter LONDON Individual UK stock options, the derivative tailored for traditional share pickers, continue to stagnate, while options that offer broad market exposure grow. Volume in individual UK company options remains slack this year, despite hopes for a surge in turnover when the exchange
      Reuter  -  367 words
    • 1482 29 SIMEX EUROPUUaR Open High Low Sett Est Vol Act/Vol Op/lnt Dee 92 10 96.11 96.06 96.08 5200 ***** ***** Mar 93 96.24- 96.25 96.19 96.22 ***** ***** ***** 96.23 Jun 93 95.86 95.87 95.80 95.83 9884 ***** Sep 93 95.43 95.43 95.38 95.40 3200 2865 3981 Dee 93
      1,482 words
    • 397 29 Cross rates Nov 19 I USS SS M$ Dm Yen SFr AS NZS USS 1.6340 2.5240 1.5880 123.80 0.6549 1.4440 1.4567 1.9361 SS 0.6120 1.5447 0.9718 75.7650 0.4008 0.8837 0.8915 1.1849 MS 0.3962 0.65 0.6292 49.0491 0.2595 0.5721 0.5771 0.7671 Dm 0.6297 1.0290 1.5894 77.96 0.4124 0.9093
      397 words
    • 608 29 Interbank rates S$ Bid Offer Overnight I 7/8 2 1-month 1 3/4 I 7/8 2-month 2 1/16 2 3/16 3-month 2 1/8 2 1/4 Overnight mode: 1-13/16 L'SS Bid Offer 7 days 3 1/16 3 3/16 1 month 3 3/16 3 5/16 2 months 3 IS/16 4 1/16
      608 words

  • COMMODITIES
    • 359 30 Reuter BAGHDAD Iraq said on Wednesday that Opec members had to cut oil production to make way for its future exports, banned for more than two years under a United Nations trade embargo. "Once Iraq is in the market, the rest of the
      Reuter  -  359 words
    • 271 30 Reuter TOKYO Japan's output of copper, lead and zinc is set to rise in the second half of 1992/93 ending March from the same period a year earlier as refiners have expanded capacity despite the economic slowdown, industry sources
      Reuter  -  271 words
    • 746 30 REPORTS THE PRICE of tin finished barely unchanged at MS 14.07 per kg on the Kuala Lumpur Tin Market yesterday in line with the steady close on the overnight London Metal Exchange. Despite the firm LME close, dealers said that the
      746 words
  • 1575 30 Rubber HAS Commodity Exchange (futures closing as at lpwi) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 92 145.75 145.25 145.50 175 2.475 Jan 93 145.50 145.25 145.50 200 4.250 Feb 0.00 0.00 145.75 0 4.650 Mar 146.00 146.00 145.75 600 5.200
    1,575 words
  • Page 30 Advertisements
    • 1346 30 __B_U_SJ NESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 ANO IN THE MATTER OF FALCON MARITIME PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) Extract ot the Minutea of an Extraordinary General Meeting atgned by the Representative of Holding Company
      1,346 words

  • 1223 31 5! night ETA Flight ETD City flight ETA Flight ETD GA890 2330 MH631 1520 MH630 0950 QF81 1935 QF82 2050 Kuala Lumpur MH629 0035 MH604 0715 SQ227 2230 MH640 0805 SQ102 0730 Amsterdam KL837 1515 KL838 0040 MH630 0855 MH606 0745 SQ323 1815 SQ320 1100 SQ103
    1,223 words
  • THE TRAVEL PAGE
    • 694 31  -  LETTER FROM BOTSWANA By Michael J Woods SIX white, black and tan wild dogs, the rarest and most endangered of South Africa's carnivores, reluctantly rose to their feet and disdainfully stepped aside as we pushed into the thick thorn scrub where they were resting in
      694 words
    • 151 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1169 1.1330 Canadian dollar 1.2670 1.2930 NZ dollar 0.8355 0.8525 Sterling pound 2.4822 2.5175 US dollar 1.6305 1.6385 Local dollars to 100 units of foreign currency Austrian schilling 14.43
      151 words
    • 74 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Dec 26- Valencia Valencia. Fena Muestrano *****6.11.00 Jan 7-10 London Earis Court, National Boat 0784-*****8 Jan 3, International Spain Intemacional International London Show Vfeadlake 1993 Trade Fair De Valencia Boat Show Place. Thorpe Lea Road Jan 7-10
      74 words
  • Page 31 Advertisements
    • 38 31 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. We know Europe from atari to Finnish
      38 words
    • 7 31 Advertising Marketing in Business Times every Thursday
      7 words
    • 777 31 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LOPEX COMMUNICATIONS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an ExtraordmareGeneral Meeting ot the members of the abovenamed Company duly convened
      777 words
    • 286 31 NOTICE or APPOINTMENT OF PROVISIONAL LIQUIDATORS SKYNET WORLD COURIER SYSTEMS PTE LTD (Incorporated in Singapore) Take notice that Mick Aw Check Huat and Eric Koh Cfceok Soon both of Moore Stephens, 11 Collyer Quay, #09-03 The Arcade, Singapore 0104 have beea appointed joint and seven] provisional liquidators of the abovenamed
      286 words
    • 224 31 SKYNET WORLDWIDE COURIER SYSTEMS PTE LTD NOTICE OF MEETING OF CREDITORS Notice hereby given toat a Meeting of the Creditor* i* of the Company wfll be held at 11 Collyer Quay #09-03, The Arcade, Singapore 0104 oa the 1 day of December 1992 at 3.30 p.m. 1. The Company hat
      224 words
  • Page 31 Miscellaneous
    • 307 31 6 A good sparkling wine, but some may prefer a one hb Look on Z in mumi m m makes his mark (5) 15 Carrying on operating as a *****1 111 17 Housing row 21 Church leader giving cop- II Hi 111 22 Sarah on the motorway in quite stew!
      307 words
    • 167 31 Singapore Outlook: Showers over several areas in the late morning and afternoon. Report: Maximum temperature 27.5 Assoc humidity 86% Minimum temperature 24.2 Assoc humidity 99% Hours of sunshine 0.55 Rainfall in mm 15.5 Rainfall this month 419.6 Rainy days this month 14 World report Asia-Pacific Hi/Lo* Cond. Auckland 18/13 Goudy
      167 words
    • 38 31 SWPOCS OF "THE- mfNßte. CCLeST£ STfcPtNGe DeSGRTCD ...PLPfreS OP FOOD L€JT UMTOUCMeD MOT Pv LWirfG y fTil I t\s SOUL IM StGMT ftt "ir ae«o A 1 t 1 y 1 I C ASSOCIATED NEWSPAPERS LTD.. IM2-IM2 W*,
      38 words

  • 445 32 Last-ditch attempt to resolve dispute over oilseed subsidies takes ofT Compiled by staff from agency reports WASHINGTON US and EC officials reported some progress on the first day of critical talks to end a heated farm subsidies dispute and were set to
    445 words
  • 416 32 Reuter, AFP KARACHI Pakistan opposition leader Benazir Bhutto arrived in internal exile in Karachi yesterday and vowed to fight the "state terrorism" of the government of Prime Minister Nawaz Sharif. "We will continue our struggle," the former prime minister told
    Reuter,; AFP  -  416 words
  • 328 32 Reuter LONDON Britain's economy is stuck in a recessionary rut with output still declining in the third quarter of the year, official figures showed yesterday. The Central Statistical Office said gross domestic product(GDP) excluding the volatile energy sector which is dominated by
    Reuter  -  328 words
  • 909 32  -  The Bottom Line ALAN BUNDER ALAN BUNDER The writer is a professor of economics at Princeton University in the US. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill. Inc. All rights reserved. MANY OF the most important ideas in economics
    909 words
  • 146 32 AFP BEIJING Another toplevel change was reported in China's army yesterday, the second reshuffle in the leadership of the general staff headquarters this month. Lt-Gen Li Jing. a 63-year-old former deputy command- er of the navy, was named deputy chief of general staff of
    AFP  -  146 words
  • Page 32 Advertisements
    • 91 32 1..._ ■<:?? h Every Saturday in Business Times The 7tf> AriaNlntomabonal Machine Tool i)IA i MeWwofttng Exhibition specialised Shows BSiif Timpc THp lIIIWw I lav To IVIG6t Need 17-21 November 1992 1100 -1900 Hours Daily Halls 1 7, World Trade Centre Singapore Open to Trade t Organised by v HHH
      91 words
    • 12 32 Editorial: Chaos in Pakistan, Pg 12 No stranger to trouble, Pg 14
      12 words
    • 93 32 I' very administrators understand role and not try to run the science from the office because if you j do, then the t whole thing V -<.> I y-s I collapses. Creativity is I raffles V flushed down V l I the drain." \Wem: I s mm K— v •<
      93 words

  • Shipping Times
    • 406 33  -  By Juliette Walker SINGAPORE The US Coast Guard (USCG) has given the thumbs-up to a model plan which will help independent tanker owners comply with oil spill response requirements set by the US Oil Pollution Act (OPA). The model plan jointly developed by
      406 words
    • 506 33 BANGKOK The Port Authority of New York and New Jersey is encouraging Thai shippers to use the port as a gateway to the United States and Canada. According to a Tuesday report in The Nation, William Fallon, the authority's general manager, said that Thai
      506 words
    • 209 33 AFP ANCHORAGE, Alaska Taped conversations following the 1989 Exxon-Valdez spill showed that officials decided they could do little to clean up the mess, but made a show of doing something for public relations purposes. The tapes were made by Alyeska Pipeline Service Co,
      AFP  -  209 words
    • 1140 33 Page Col ABC Containerlinc 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 5 ASCL 5 5 ASXCLShpg 15 2 Austorient
      1,140 words
    • 524 33 Proposal seen as boost for sector Reuter KUALA LUMPUR Malaysia's proposed MSBOO million (Sssl2 million) shipping fund will help spur the sector's growth and tackle the nation's huge services deficit, but may run aground if tangled in red tape, industry officials warn. "The setting up of
      Reuter  -  524 words
    • 246 33 AFP KUALA LUMPUR The owner of a detained Indianregistered tanker is being sued for Msl million (*****.000) for damaging a wharf project it ploughed into in Port Klang north of here, officials said on Wednesday. A spokesman for the Port Klang Authority
      AFP  -  246 words
    • LOG BOOK
      • 104 34 WASHINGTON The World Bank on Wednesday said it has approved two loans totalling US$36O million (***** million) to improve roads and highways in two Chinese provinces. Both loans have a maturity of 20 years, including a 5-year grace period, and carry the bank's
        104 words
      • 63 34 SEATTLE Australian Airlines has ordered three Boeing 737-400s in a deal valued at US$lO5 million (S$ 168 million), Boeing Commercial Airplane Group said on Wednesday. The airline firmed up orders for two of the planes on Tuesday. The tTiird plane was ordered earlier but not announced
        63 words
      • 47 34 SINGAPORE P&O Containers of the UK has appointed David Grant as its European marketing director responsible for the company's product development across the continent. Mr Grant, who is now based in Rotterdam, joined P&O Containers (then OCL) in 1967 as a personnel officer.
        47 words
      • 85 34 PHILADELPHIA Consolidated Rail Corp and Norfolk Southern Corp said they are exploring the possibility of a joint venture for intermodal rail and road transportation. The aim of the venture is to regain business that has been lost to the highways. The venture would be carried out
        85 words
      • 119 34 ST LOUIS, Missouri McDonnell Douglas Corporation said on Wednesday the Italian Navy will buy 13 radarequipped AV-8B Harrier II Plus fighter jets at a cost of up to US$392 million (***** million). The aircraft will be built under a collaborative agreement between Italy and the United
        119 words
      • 80 34 PARIS Parisians suffered through a second day of a subway strike on Tuesday, but the resumption of talks with labour unions raised hopes that the capital's mass transit system would return to normal in the coming days. Negotiators from the RATP, Paris mass transit system, and
        80 words
    • 1331 34  -  The German government wants to get rid of DSR, the former steamship line of East Germany, but offers are lacking, reports Mark Voorhees Mark Voorhees American Shipper THE COLLAPSE of the Berlin Wall was one of the euphoric moments of the 1980s. For DSR Lines, it was
      American Shipper  -  1,331 words
    • 611 34 Carbon Carbon Nov 12 Density Hater Residue Ash Ataman Sedrwnt Density Water Res*i* Ash Akmiwn Sedneflt %um Exxon Exxorr KG/KT3 V/V M/V M/M PPV method KG/NT3 V/V M/M M/M PPM method ISO/Croc fcnrts Spec E25 991 U) 1M 010 30* oTo* Eastern USA 180 Aw 982
      611 words
    • 9317 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      9,317 words
    • SHIPS IN PORT
      • 398 49 Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure Marina Wharves Robm L ***** niA 1911/1000 1911/1500 Rjt-wn Mum lfKQ? MH4 9A it <nnn Robn/L ****** P01A 2011/1000 2011/1500 Batam Savafw *****? MOS Makkah ME051 P06 1911/1630 1911/2200 £1*7 2 K 2SJ S KS 58
        398 words
      • 230 49 Johofc Port Berth: 1: nil; 2: Pmya; 3; Su Yang; 4: Ivan Shepetrov; 5: Crane; 6; Barzan. 01 jetty: Stolt Exporter. DCi: ml. Due on Nov 19: Siam Mongkol, Probo Bangor. Silver Pride, Kokuei Maru No 3 Uni Modest. Barge Josindo Satu. Due on Nov 20: Jovian Lilac,
        230 words
      • 1496 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Shp Voy No Containers avaiabie SNp Voy No Containers avaiabie TanahAir 65N 18.11.92 0445 Cont Jort 08 COO(EST) 19.11.92 0700 Ms Asia Deci 9247 18.11.92 0850 Equator Prid 71 COO(EST) *****2 2000 N* Cherkaso 2*92W 18.1192 0910 Sea Ranger N012 COO(EST)
        1,496 words
    • 1003 50 FREIGHT market rates were again sharply higher on chartering demand and dwindling NOv/Dec panamax supplies, brokers said on Wednesday. The Baltic Freight index (BFI), which is still at a considerable discount to the futures market, rose 17 points to 1,224, having gained 19 on Tuesday. All grain and
      1,003 words
    • 311 50 March 11-14, 1993: Japan World Resort and Cruise Fair '93, to be held at Pacific Centre* Yokohama, Japan, organised by The Seatrade Organisation. For further information contact Seatrade at 0206-***** or fax 0206-*****. On Request Practical Pilotage Attachment course, organised bj Singapore Port Institute. For course details and
      311 words
    • 448 52 Carrier will only buy from SIA if price is right SINGAPORE Silk Air Pte Ltd, a wholly-owned subsidiary of listed Singapore Airlines Ltd (SIA), is keeping iU Options open in its hunt for an Airbus 310 aircraft. Singapore-based regional carrier is treating SIA as
      448 words
    • 368 52 NYT NEW DELHI When pilots from the state-run Indian Airlines began another job action this week, thousands of frustrated travellers did something that had not been possible a year ago: they flew on a competing airline. "For the first time, air travellers have a choice
      NYT  -  368 words
    • 276 52 AP LONDON The chief executive of British Airways said on Wednesday his carrier's bid for a big stake in USAir could fall apart if US negotiators insist on gaining greater access to London's Heathrow Airport in return. "if they're going to
      AP  -  276 words
    • 489 52 FT LONDON Japan's airlines are set to become the first in the world to remove the ceiling on compensation paid to victims of international air disasters. In a move which could transform international agreements on airline liability for the death and injury of
      FT  -  489 words
    • 439 52 AP NEW YORK Sir Freddie Laker, whose pioneering, nofrills trans-Atlantic airline was forced into bankruptcy a decade ago, is back plying the package-tour business from a new base, the Bahamas. "I'm only on the fringe of it. I'm a nobody in the
      AP  -  439 words
    • 488 52 Reuter NEW YORK Plans for giant commercial jetliners that could carry between 600 and 800 passengers remain uncertain, aerospace analysts said. At a transportation conference, Airbus Industrie managing director and chief executive officer Jean Pierson reiterated that the European consortium "is studying plans for
      Reuter  -  488 words
  • Page 33 Advertisements
    • 22 33 Lines aid services represented by Members ef the Registry «f Accredited pug Msoctioon. \vy^*^y/ /•'or advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      22 words
    • 129 33 the FAMOUS fcWIUIM/ |\> <■¥? afelUHB ■■Mlllgl* 224 1833 For more information please refer to Pg. 13 DSR: Desperately seeking suitors, Page 2 Silk Air shopping around for Airbus 310, Back Page i I/ -'-v v, v >-' >" I 'T? •< f r -v-rW- 'N -V 'V V* 1
      129 words

  • Page 34 Advertisements
    • 93 34 j 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 the news feature section of
      93 words

  • Page 35 Advertisements
    • 2718 35 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIE 8 TEL: *****11 FAX: *****09 \IVMr BOOKINGS TEL: *****34 *****58/ *****40 ■■Illf CFS (PSA F5) TEL: *****21/ *****79 HRAAAfIfI PESAKA JARDINE SHIPPING AGENCIEB SDN. BHD. \SSSF A PORT KELANG TEL: *****18 FAX: *****91 *****88 M..„!;♦*, C PENANG TEL: *****4 FAX: *****1 CFS TEL:
      2,718 words
    • 1533 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday I in BT fSuAScJI JUNTED ARAB SHIPPING CO. (SAG) IU To US East Coat* A B""*tt/*w" HTC I H I »IHI I M (MM* V 7/17 '/•> m ÜBOW *17 14/17 1»/«1 71/91 72/91 74/91
      1,533 words
    • 1418 35 [■BliV.HiHllWl< WEEKLY DIRECT CALL TO SHIMIZU LEDA MAERSK V.9213 ETA SIN 26/11/92 ETA SHIMIZU 08/12/92 Veaaal Voy ETA ETO Feeder by <i L VArte DESTINATIONS k TNa week Margrettie Maarak 9302 MT—WTICT— IH'.'I.UJI.-HWW V 24/11 0800 MRS CFS 23/11 2358 MRS JOH LPK PEN OAK LGB HOU MEM *rf" MIA
      1,418 words

  • Page 36 Advertisements
    • 1346 36 ~~~~~~R'dam r VQY NO S PORE JEDOAH SHAMTON H'BURG ANT LE HARVE JyQul KATSURAGI 12/346 21/11 1/12 9/12 12/12 14/12 16/12 It Mi WDIWIB HAMBURG EXPRESS 11/147 26/11 12/12 15/12 13/12 WWTKO*® i TOW® HANNOVER EXPRESS 11/347 28/11 8/12 16/12 19/12 21/12 23/12 CIMOjrOW/COJJtJfm KURAMA 19/148 3/12 19/12 22/12 20/12
      1,346 words
    • 586 36 czcsa FCI Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for all services C.1.5.-Vootochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea a Vietnam a Mongolia a Hungary CSFR a Poland ocT<§>Trans I I nouakchott-banjul-bissau-luanda-bata I I Feeder Vessel IHNMi I POL EAST 20/11 I
      586 words
    • 1460 36 Rnusii uil REGULAR INDEPENDENT FULL CONTAINER SERVICE sh, JAPAN SEA 238W 23/11 14/12 16/12 20/12 21/12 22/12 23/12 23/12 24/12 CHMA SEA 239W 30/11 21/12 23/12 26/12 27/12 27/12 28/12 »/W -1 NORASIA AL MUNTAZAM 9240-3 07/12 30/12 01/01 03/01 04/01 05/01 06/01 ®J/®} I NORASIA SAMANTHA 9241-3 _15/12__05/01__07/01__10/01__ll/01__12/01_^3/o^^^3/o^^^4^^j SIN
      1,460 words

  • Page 37 Advertisements
    • 1966 37 STRAITS SHIPPING PTE LTD AEQf 10 Hoe Chiang Road #11-01 Keppel Towers J Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS CARGO DUE SAS.S l^lfjllkl3*>>lB*i T i[WSßliMlfll111 lII]H STRAITS STAR Vl7l Mun Lab 20 No« 21 No» KRIS MAMJRA VI2E KK. Skar Taw 23-24 Not 25 No* 27 Nov SINGAPORE KOMPONGSOM
      1,966 words
    • 2502 37 SINGAPORE AGENT: HfciMM PAnfninAtir P&O Containers (Singapore Agencies) Pte Ltd lV\ I t 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 w*r Te) TgJex Rg ***** PNOC sp Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL VOY F«<o IM ALG SOU AWT HOT NAM VESSEL VOY ANT
      2,502 words

  • Page 38 Advertisements
    • 651 38 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Kl/VOY STOK ROAM/ADMI H*BUR6 BREMEN AMTHERP MATAJtAM 33*6 10/12 13/1 17/1 21/1 25/1 j FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subt«ct to lnduc*m«nt. Also accepting cargo to Casablanca. Port Said, Port Alexandria, Genoa. Trwst*. AISO ACCEPTING CONVENTIOMAL CARGO VIA T/S TO
      651 words
    • 1410 38 0 HANJIN SHIPPING FOR VSL I SM lUK MAUI SEA VCR FOR VSI SN |UNE HAUL MV IN KTC HANJM KUNSAN OSIE 2311 M. ICN YORK 045E 17/12 11/12 HANJM KIMSAN OIIE 23/11 M PLENTY 02* 31/12 1/1 3/1 213E 30/11 HANJM CHUNGMU 094E25/12 26/12 FBHGUARO BAY 2131 30/11 H
      1,410 words
    • 1210 38 fJJ T pu ix iu u h wi os> net stu no ui chs oal nyc lhv um nm ne m no ob p*l I GREET tt 031 24/1125/11 30/11 2/12 4/12 7/12 »/1210/1211/1212/12 14/12 25/12 0/1 1/1 1/1 1»/1 20/1 21/1 22/1 21/1 2/2 12/2 17/* GOLDEN K-U7 2/12
      1,210 words

  • Page 39 Advertisements
    • 1786 39 SCX: 'NEPTUNE DIAMOND 09E' ETA SGP 25/1V9211 II ARRIVING LOS ANGELES 13/12/92 IN 17 DAYS. AEX 'NEPTUNE CORAL 06E' ETA SGP 25/11/92 II ARRIVING NEW YORK 18/12/92 IN 22 DAYS. [BJ express{9CXl% > 1 naujroMM.u*HHf .mum>roMn.*TUMTKrumr \3 FEEDER VSL VOY SGP MOTHER VSL V'OY SET PLD MIN/ VESSEL VOY SGP
      1,786 words
    • 1200 39 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 EASTBOUND—OtSCHARGMG WESTBOUM)—LOADMG TRMCHffED WA
      1,200 words

  • Page 40 Advertisements
    • 1694 40 K 4 "IF" AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W Y TEL *****77 TELEX; KAWAKIRS23I6S FAX: *****07/^9 > |\l M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD i Am X U TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 ■MB KAWASAKI KISEN KAISHA, LTD INDONESIA:
      1,694 words
    • 825 40 PHILI-Oni€NT UN€5 PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 28 NOV SYDNEY. MELBOURNE, BRISBANE, FREMANTLE i 1 DEC AUCKLAND, WELLINGTON. LYTTLETON, NEW
      825 words
    • 296 40 GOLDEN LINE^\ GUAN guan shppmg TSXX (PTE) LTD V 23, 1M Apr Stmt SMGAPOK 01M m 5343 MS (11 HO) Fa 5JU504 (01 No. 1012M5M0M) STRAITS/FEKSIAM QUIT flggg Spore P Ret*n| Penang COLDER JIM Karidii Ov&M/Ommm H/M NR SOLDO* HMMJT Karachi Dubai Dimman l/U Dk CimiA «MT»« HONG Ql 119
      296 words

  • Page 41 Advertisements
    • 1063 41 PACIFIC INTERNATIONAL LINES (PTE) LTD M M 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E l" JAKARTA VESSEL VOV MM IK T VEBBEL SIN 555 KOTA INOAH l!" rl" SRISAMUT (THAI FLAG) SRS44N 22/11 25/11 2»/11 BUNGATLRATAI S/H KOTA PETANI PTIO2N 24/11 27/11 2/12 EQUATOR
      1,063 words
    • 1465 41 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p P GUOANG PENANG PKELANG OCEAN VSL/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) 20/11 20/11 21/11 AROSIA 2462 24/11 11/12 13/12 14/12 16/12 g 27/11 27/11 28/11 NIHON 2472 1/12 18/12 20/12 23/12 23/12 Q 4/12 4/12 5/12 BENARTY 2482
      1,465 words
    • 298 41 °BSA° TRANSPORTATION MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdg WAAA VII4N 19/21 Ho* PAGAN VI9OW 4/8 Doc PtITA VI2SW 23 Doc HTONEYWA *274* 2/1 DK PATMEW VI2OW 2/5 Doc NIGERIAN NATIONAL SHIPPING LINE NIGERIA EXPRESS SERVICE W RIVER MAJE RIVER NQAOA
      298 words



  • Page 44 Advertisements
    • 1894 44 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Coon Goon Shipping Sdn Bhd Choog Chioo Skipping S4o Bhd P. 7. Cbhol Potra Indonesia Maritime Costar Shipping Pte Ltd Shiopmg Freight Booking Cartre 50n BkO 58 Persiaran Rata Muda Wusa Lot 3 34. 3r<J Floor. ji IR
      1,894 words
    • 582 44 EXPORTS TO HONGKONG. TAIWAN, MANILA JAPAN "TIKE WEEKLY" MALACCA STRAITS SERVICE outboum) voy na rtw m I m it 6 mo kee tyo yok smz nco kob I essei w» Is* |m pew blw sw »CX I&AC UB 18.11 *11.12 20.11 24.11 2LII 3011 4.12 112 5.12 U2 ACI MOE
      582 words
    • 649 44 I^ZIIZZZI— MV "ASIAN ORCHID" V.20 ETA S PORE DEC 7: DIRECT CALL GUAM 23/12 SAIPAN 25/12 GUA\I TOUK: y v ->• FONAPE HONIARA -*«-^^KOSRAE y #majuro AORROR SUVA APIA NOUMEA UCf MV. "ASIAN ORCHID V.20 ALSO ACCEPTING FCL/LCL CARGO TO: MICRONESIA SOUTH PACIFIC PORTS VIA GUAM swgapore SEAWAY SHIPPING PTE.
      649 words

  • Page 45 Advertisements
    • 655 45 f/E FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 22/11 ROTTERDAM 22/11 HAIFA/ASHDOD/ALEXANDRIA 22/TI HAMBURG/BREMEN 22/TI MARSEILLE/FRANCE 22/TI FELIXSTOWE/UK 22/11 BARCELONA/SPAIN 22/TI LEHAVRE/ANTWERP 22/11 GENOA/ITALY 22/11 GOTHENBURG/SCANDINAVIA 22/11 LOS ANGELES/WC/IPI 22/11 SYDNEY/MELBOURNE 22/TI NEW YORK/EC 22/TI FREMANTLE/ADELAIDE 20/TI VANCOUVER 22/TI
      655 words
    • 804 45 [33 RICHFIELD MARINE AGENCIES iS) PTE LTD TEL: *****33 (12 Lines) =L FAX: *****15/*****03 KH TELEX: RS ***** RISHIP (3 Lines) teA ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA lOACMNG FOB SPORE ABBA> WONZ 34W8 09/12 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET 27W8
      804 words
    • 513 45 JAKARTA BANGKOK waa m m mi mxm \mn wmMm tmmm BENM BHUM 53S 21/11 24/11 IAKU BHUM 51N fit h Pt Mon 23/11 WANA BHUM IMS 34/11 27/11 NAWTA BHUM 116N Sal 21/11 Wxl 25/11 ITI W>l 555 2SZII 01/12 C KOfINISEV 02N Man 23/11 Thu 24/11 BENIA BHB4 545
      513 words
    • 371 45 mm® Ttetß int VSL VOY SINGAPORE MADRAS BMGAPORE WSSti VOY SK MM SM nen sim 22-23/11 29-30/11 os-oc/12 TlGtt BRUCE 231N 23-24/11 30-12/12 SMJ/12 nra mom «jn 2t-»/u omc/u 1112/12 TKOI SKED 232 M 30-01/12 07-W/12 11-17/12 VBL VOY fIMQAPORE/CALCUTTA/tMOAPOIC Kssa wt sm cm. sm nra swim oo2cw pi 27-01/12
      371 words

  • Page 46 Advertisements
    • 1584 46 groupage I I K~/ J PENANG (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 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 22/11 23/11 24/11 Hong Kong Ldn/Fli/Rdm/Ant/LHV 12/11 13/11 21/11 25/11 26/11 27/11 Hong Kong Gburg/Chagen/Shokn/Oslo 22/11
      1,584 words
    • 349 46 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL IYT SIN N Z STAR 0532* In Pt 1/12 3/12 19/12 PREMIER 21S 30/11 12/12 14/12 30/12 MULBERA 30S 16/12 28/12 30/12 16/1 WITH OPPORTUNITY TO CALL TOWNSVILLE ABOUT 28/11/92 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND.
      349 words
    • 1158 46 THONG SOON UNES PTE. LTD.] 77 ROBINSON ROW) #15-00. #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 66HTA1WW ABWCH I SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA vessel Wot [s pore [pest vessel vor spore p.
      1,158 words

  • Page 47 Advertisements
    • 819 47 COMPANIA PERUANA DE VAPORES X "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK, FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, 10* t OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BLI Of LADtNG. WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBUIK/SOC CARGOES TO/FROM KOBE, YOKOHAMA. NAGOYA. MOJI. TOKYO*. I MANILA*. DAVAO*, Penanj*
      819 words
    • 638 47 |r zj zim Favll C—t»lnr Unka N.AMERICA CARRIBEAN SERVICES VESSEL VOY SW MAIRKR VOY LAI RSI SAV HTC W m ELAT 711 21/11 m BERIA 371 29/12 29/12 2/1 4/1 t/1 m iokyo m 2/12 at hongkong x N/12 1/1 12/1 h i u/i M OSAKA 24E 6/12 M SAYARRAM
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    • 638 47 REGULAR LINER SERVICE FIXED DAY SCHEDULE NAJD LINER SERVICE PORT KLANG/ JAKARTA/ SINGAPORE/ PORT KLANG VOY ETD FUG ETA MT ETA SM M/V LEONA 92/1 1/12 5/12 S/12 M/V LEONA 92/2 9/12 13/12 IC/12 M/V LEONA 92/3 17/12 21/12 24/12 M/V LEONA 92/4 25/12 29/12 1/1 M/V LEONA 93/1 2/1
      638 words
    • 438 47 liiUHWllfflMMl 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 CAMO IOOKINC LUCKY TRANSPORT t FREIGHT CO
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    • 491 47 SIN FAR EAST 24/11 KEELUNG/KAOHSIUNG 29/11 BANGKOK 27/11 MANILA/CEBU 29/11 JAKARTA/BELAWAN/SURABAYA 30/11 PORT KELANG/PENANG/E. MALAYSIA 30/11 BUSAN i 29/11 TOKYO/YOKO/KOBE/NGO/OSA 30/11 HONG KONG SfN CHINA (*a#±B«n) 30/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN SHANTOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S!N EUROPE/UK 28/11 LON/FLX/LVP/SOU 28/11 ROM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech.
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  • Page 48 Advertisements
    • 452 48 HON6 KONG/CHINA 23/11 JAKARTA 22/11 BANGKOK 22/11 MAKILA 22/11 BUSAN 23/11 KEELUNG 23/11 TOKYO/KOBE 22/11 KAOSHIUNG 28/11 PORT KELANG/PENANG 22/11 YOKOHAMA 29/11 COLOMBO 23/11 FELIXSTOWE/HAMBURG 28/11 CHITTAGONG/MAORAS 23/11 ROnERDAM/LE HARVE 28/11 BOMBAY/KARACHI 24/11 ANTWERP 28/11 CALCUTTA 27/11 LAX/NYC 22/11 SYDNEY/MELBOURNE 28/11 gnr~~TT CMT LINER EXPRESS AGENCIES PTE LTD HOT-LINE *****88
      452 words
    • 840 48 Eonterm/ w CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19TH NOVEMBER ACCEPTING TO ALL PORTS IN NEW ZEALAND BANGKOK 22 NOV JAKARTA 22 NOV PENANG 23 NOV POUT KELANG 26 NOV MELBOURNE 28 NOV SYDNEY 22 NOV FREMANTLE 26 NOV BRISBANE 30 NOV HAMBURG 28 NOV FELIXSTOWE 28 NOV GOTHENBURG 28
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    • 589 48 CHINESE-POLISH JOINT STOCK SHIPPING CO CONT AMER BftE AKBULK ISM MOMUSZKO Vl7 21/11 ROTTERDAM HAARJRG GDYNIA EVER HAPPY VO5 1/12 CASABLANCA RAXING VOl 24/11 SHANGHAI/UNGANG CHOPIN V2O 5/12 SHEKOU/HUANGPU B. PRUS V 26 14/12 HUANGPU BALTIC FAR EAST SHIPPING PTE LTD 2 MSTRI ROAD #10 00. HMC BULDMG. S PORE
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  • Page 49 Advertisements
    • 1293 49 NEDLLOYD'S AUSCON SERVICE WEEKLY FIXED DAY SAILING TO AUSTRALIA FROM JANUARY 1003 Nedllwd Unes FEEDER VESSEL PKG PEN OCEAN VESSEL SW LEH RTM(I) HAM (2) BRV FIX SOU GOT B Seroia G Bhum 20/11 18/11 NLL Oceana/2412 24/11 12/12 13/12 15/12 16/12 17/12 15/12 16/12 *L Rouen/*****# 17/11 20/11 19/11
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  • Page 50 Advertisements
    • 242 50 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE LOADING EVERY VIGOUR PACFIC 7558 *20/11/92 (FW) FRDAY AND MONDAY VIGOUR LUZON SNB 23/11/92 (MOW) 28/11/92 VIGOUR SINGAPORE 41NB 27/11/92 (FRI) 5/12/92 DISCHARGE O*Y. VIGOUR SINGAPORE 41ANB 30/11/92 (MON) 5/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG
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    • 358 50 JjL cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNO P.O. LOADING FOR: A VESSEL 26/11 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADINO FOR: A VESSEL 15/11 20/11 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Pleas* refer above mentioned
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    • 270 50 PRNnHI CONTAINER LINE (S) PTE LTD 133 New Bridge Road #09-06. Chinatown Point S pore 0105 ———————i— WEEKLY CONSOLIDATION SERVICES TO: HONGKONG 27/11 SYDNEY 30/11 •ROTTERDAM 28/11 BUSAN 30/11 .MELBOURNE 30/11 .HAMBURG 28/11 KEELUNG 27/11 .BRISBANE 30/11 .FELIXSTOWE 28/11 KAOHSIUNG 27/11 .ADELAIDE 26/11 .LE HAVRE 28/11 BANGKOK 29/11 .FREMANTLE 26/11
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    • 20 50 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in i c Business Times
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  • Page 50 Miscellaneous
    • 535 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 230 C JK 1 1 09 09 1 1 1 4 1 8 22 25 25 2.4 21 1 7 1
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  • Page 51 Advertisements
    • 1113 51 I HYUNDAI I MERCHANT MARINE CO. ITP. WESTBOUND TO EUROPE VESSELS T PMA+ PKE4- PGD-t- SIN RTM ANT* LEH* HAM BKEt FEL H. FRONTIR 302W 27/11 27/11 27/11 29/11 1«/12 11/12 19/12 19/12 19/12 22/12 H. COMMANDER 301W 4/12 4/12 4/12 6/12 29/12 29/12 26/12 26/12 26/12 29/12 SI FREEDOM
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    • 485 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS wssu »or sr m ik u COMIC nOKII 2S SLO MRT KLKM 17 21/11 21 11 NUtt MtlU US 21/11 21/11 Ml 21/11 ITOM 1 21/11 am ROCM It 25/11 22/11 AStAI TIAOU 22 31 11 CM lIU 11
      485 words
    • 791 51 -~Y— EXPORT TO: JEDDAH/UK/CONTNENT Trait ID S TON H-BUK IDAM LIH •Mm Accutane C»t« for RAISWAQ 12/ 346 21/11 1/12 1/12 12/1? 14/12 16/12 Soulhaßpton :to >11* dnftution. Bdnt md Out*HAMBUR6 LXPttSS 11/147 2t/U 12/12 11/1? 13/12 Mtfrdan :to al Antw«p Amsterdam. o*. Hofaafc HMMmt tVKSS 11/347 21/11 1/12 16/12
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    • 148 51 BINTAMG MAS SHIPPING PTE. LTD. V] 39 NfJL ROAD SINGAPORE 0208 4 TEL: *****88 TLX: R*****5 SR4MER FAX: *****64 ACCEPTS POUTS Of CARGO STOW OESTfMTKM BWTANGSERIA V23E 19-20 NOV 20-21 NOV BMulu. Mn. KBeWt I HNTANG BELMT V2SE 23-24 NOV 24-25 NOV HntiAi. KBeM MERCURY IMX V2IE 23-24 NOV 24-25
      148 words

  • Page 52 Advertisements
    • 69 52 Every Saturday in Business Times —-i I The Eyjecu-bve Housekeeper -this hotel J O vvuv I I wants is me. Bob I'll never neglect I J ~fcV\iS hous€< baby/ %H|, V Any Job, Any Career. Available Any Day. Any Time. Anywhere. The straits Times The Sunday Times Business Times The
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    • 5 52 Every Saturday in Business Times
      5 words