The Business Times, 1 December 1992

Total Pages: 52
1 52 The Business Times
  • 16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, December 1, 1992 75*
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  • NEWS SUMMARY
    • 76 1 LONDON Cash in circulation in Britain, a guide to how much money people hold in ready cash, rose 3 per cent in the year to November the fastest rate of growth so far this year and well above October's 2.4 per cent rise.
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    • 57 1 TOKYO Japan's trade surplus this fiscal year ending in March is expected to jump 30.8 per cent from fiscal 1991 to U*****.5 billion (SslB9 billion). A trade industry association, the Japan Foreign Trade Council, yesterday estimated that exports in the period would total U*****.5
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    • 38 1 THAILAND is planning to build a new international airport and a new city within Bangkok in a bid to decongest the capital and to promote it as a financial and service centre Page 2
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    • 40 1 THE price war in the personal computer (PC) industry is giving Singapore's sub-compo-nents industry a fillip, with shipments of certain products in the first three quarters of this year surpassing the whole of 1991 Page 2
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    • 45 1 THAILAND will not see another economic boom like the one during 1987-90, but benefits from that heady expansion will keep it growing at a robust 7 to 8 per cent a year between now and 1995, a Thai banker said Page 8
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    • 34 1 HIT by a prolonged economic slowdown that has severely constrained its Budget, Japan may curb the expansion of its foreign aid programme, government officials and aid experts said Page 9
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    • 44 1 UK Prime Minister John Major is standing by Chancellor Norman Lamont in a growing political storm over his use of public funds to help pay legal bills for the eviction of a sex therapist from his London house Page II
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    • 31 1 MEMBERS of the Transpacific Westbound Rate Agreement will implement next month the first phase of commodity-spe-cific freight rate adjustments to enhance their 1993 revenues. Shipping Times Page 1
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  • MARKET SUMMARY
    • 41 1 WALL STREET share prices opened higher yesterday, boosted by recent signs of a speeding up of the US economic recovery. The Dow Jones index of leading industrial stocks was up 8.62 points at 3,290.82 five minutes after the opening.
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    • 38 1 LONDON share prices jumped to a record high yesterday on hopes that consumption in Britain would pick up. At 1240 GMT, the FT-SE index of 100 leading shares was up by 24 points to 2,784.1 points.
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    • 25 1 MALAYSIA'S Hong Leong Credit Bhd has acquired 9.1 million shares or 8.2 per cent in Ban Hin Lee Bank. Page 4
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    • 33 1 A GROUP of companies controlled by tycoon Robert Kuok is said to be finalising details to invest in a joint-venture palm oil refinery in China's southern Guandong province. Page 4
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    • 22 1 HONGKONG upmarket retailer Dickson Poon is moving into garment and accessory manufacture in China through Innvoisions Holdings. Page 5
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    • 32 1 RUMOURS are rife that China may soon make the yuan freely convertible, opening up vast potential business for foreign banks if the near-blanket ban is lifted Page 7
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    • Article, Illustration
      29 1 Monday Change BT-MGA 692.64 7.49 Kuala Lumpur ....641.89 +1.41 Tokyo 17,683.65 +213.04 Hongkong 3,810.63 -176.04 Sydney 1,448.1 -2.7 Friday Chance New York 3,282.20 15.94 London 2,760.1 +18.3
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    • 25 1 r irtiiiip rates USS S$ 1.6375 100 Yen SS 1.3121 M$ S$ 0.6458 Money iiuriut rates Overnight I 5/8% +1/4 3-month 2 5/16% +1/16
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    • 34 1 London GoM AM fix US$333.70 -US$0.30 S'pore Dec 144.25«/kg +0.25 M'sia Dec 223.00'/kg unch KLTta Turnover 31 tonnes -17 Spot M$ 14.05/kg -0.10 Crude palm ol Turnover 1,1181ocs +762 Dec M$943 /tonne -12
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  • 535 1  -  KLSE, SES name 7 counters; Tip of the iceberg, brokers say By Amy Balan SINGAPORE About Ms 26 million (5516.6 million) worth of forged shares of at least seven Malaysian companies have been discovered in Malaysia and Singapore. Brokers said yesterday this could be
    535 words
  • 530 1  -  By Lee Han Shih SINGAPORE Singapore Airlines yesterday made its first concrete move to extend its influence into local hotels. In a signing ceremony at the Regent Hotel, SIA signalled its intention to take a 20 per cent stake in a
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  • 526 1  -  Lukewarm response expected for two parcels By Colin Tan SINGAPORE Three sites offered for sale yesterday are expected to net more than $113 million for the Urban Redevelopment Authority. The one likely to attract the strongest interest is a 1,944 sq m commercial site in Tanglin
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  • 126 1 SINGAPORE A blue-chip buying frenzy boosted Singapore's benchmark index yesterday as nervous institutional investors fled Hongkong and rumours of forged scrip of Malaysian shares circulated in the market. The Straits Times Industrials Index surged 21.11 points to end at 1,469.07. Brokers said buyers from the
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  • 574 1  -  Validity of contract law in doubt From Catherine Ong in HONGKONG IN A MOVE which throws serious doubt on the validity of contract law in Hongkong after 1997, China yesterday declared it would not honour all contracts, leases and agreements
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    • 9 1 Singapore, China reach new air services pact, Pg 3
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  • PAGE 2 NEWS
    • 337 2  -  Moves to reduce congestion, enhance financial centre image from Yang Razali Kassim in BANGKOK THAILAND is planning to build a new international airpart and a new city within Bangkok in a bid to reduce congestion in the capital and to promote it
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    • 272 2 SINGAPORE Turkey could serve as a stepping stone for Singapore businessman to promote their businesses in Europe, the Middle East and northern Afrifca, Prime Minister Goh Chok Tong said last night. -Likewise, Singapore could become a base for Turkish firms to do business
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    • 200 2  -  By Hong Lee Tiam SINGAPORE Ogaan International Pte Ltd, the new subsidiary of locally-incorpo-rated Royal Sporting House (RSH), launched its new line of sportswear yesterday. Ogaan specialises in hiking, mountain climbing and mountain biking shoes priced between $29 and $79 a
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    • 59 2 IN OUR REPORT on Saturday headlined "S'pore govt unveils first major investment in China" we erred in saying it was a Singapore government investment. The project will involve two gov-ernment-owned companies, Singapore Technologies Industrial Corporation and Jurong Environmental Engineering. The two companies will have a 15 per
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    • 330 2  -  Demand for disk drives and other PC peripherals up By Claire Leow SINGAPORE The price war in the personal computer (PC) industry is giving the local sub-components industry a fillip, with shipments of certain products in the First three-quarters of this year surpassing the whole
      330 words
    • 419 2  -  By Chuag Peck Ming SINGAPORE People are still eating in more than out. The mushrooming of hawker centres, fast-food joints and restaurants may suggest otherwise, but a new official guide to Singapore's Consumer Price Index (CPI) says a bigger share of spending
      419 words
    • 493 3  -  Each nation can double its carriers' current seat capacity By Dexter Lee SINGAPORE Singapore and China have struck a new air services agreement which allows Singapore Airlines and Silk Air to expand their share of the China travel market. The agreement also means
      493 words
    • 434 3  -  By William Chia SINGAPORE Manado, the capital of North Sulawesi in' Indonesia, is looking for both foreign and local partners to develop its US$l5O million (***** million) hotel-cUm-marina tourist resort in the Tasik Ria beach area. Petrus Max Tene, president director of PT
      434 words
    • 369 3  -  From Florence Chong in SYDNEY THE Queensland Parliament has passed legislation which allows work on the multi-million-dollar Robina Town Centre on the Gold Coast to begin early in the new year. Rob Hill, chairman and chief executive of Robina Land Corporation, said
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    • 507 3  -  By Harish Mehta SINGAPORE If the US does not maintain its commitment and presence in the Asia-Pacific, it could trigger the formation of a "super economic engine for East Asia", said Minister for Defence Yeo Ning Hong. The US ran the
      507 words
    • 346 3 CoMpflotf fey stiff from agency reports SINGAPORE Chinese Premier Li Peng began a historic visit to Vietnam yesterday and launched into discussions on territorial disputes which strain relations between the two nations. Mr Li said on his arrival that he hoped
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    • 126 3 AP TAIPEI US Trade Representative Carla Hills arrived'in Taipei yesterday, becoirt-'' ing the first American Cabi-*' net member to visit Taiwan since Washington severed'ties with it 13 years ago. i Ms Hills has been to speak at the annual confer- ence of US-Taiwan Economic
      AP  -  126 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • 112 4 Cycle Carriage Bintang profit falls JCtyALA LUMPUR Cycle Carriage Bintang Bhd has announced a 79 per cent drop in group pre-tax profit to 12.22 million for the year to Sep 30. It said group turhover fell 25 per cent to M 5549.66 million from M 5729.49 minion in the same
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      • 61 4 KUALA LUMPUR Industrial Oxygen Incorporated Bhd hgs pntered into a conditional sale-and-purchase agreement to buy--80 per cent of Amoda Sdn Bhd for M 536.5 million cash. TJ»e, vendor, whose sole asset is the 21 -storey Amoda Building, :is Prudential Asset Management Asia Ltd. 101 said in a
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      • 59 4 SINGAPORE Shareholders of Inchcape Bhd have approved a capital reduction exercise at an extraordinary general- meeting. The move will reduce the par value of Inchcape's shares from $1 to $0.50 each and return about $108.9 million; or 66.5 cents per share, to shareholders. Inchcape said this amount
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      • 59 4 SINGAPORE Edaran Otomobil Nasional bought a further 220,000 shares in Cycle Carriage Ltd on Nov 24 and 25. The Malaysian distributor of Proton Saga cars, which is already the largest shareholder of CCL, paid $1.28 million for the shares on the open market. The purchase
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    • 39 4 Corrections clarifications IN OUR REPORT on Hour Glass Ltd's interim earnings last week, we said The Hour Glass group suffered a loss of $97,000 in its Milano Restaurant business. The figure should b««970,000. We are sorry for the error.
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    • 460 4  -  Firm buys another B.2pc in Ban Hin Lee Bank By Kooi Cho Teng SINGAPORE Malaysia's Hong Leong Credit Bhd (HLC) has moved closer to achieving what could be its first full banking licence in two recent manoeuvres, the latest being the
      460 words
    • 360 4  -  i> Lee Han Shih SINGAPORE A group of companies controlled by tycoon Robert Kuok is said to be finalising details to invest in a joint venture palm oil refinery in China's southern Guangdong province. Sources said these companies, including Malay-sia-listed Pertis
      360 words
    • 312 4  -  By Joseph Rajendran SINGAPORE Wearnes Automation, the personal computer manufacturing arm of publicly-listed Wearne Brothers group, has laid off 30 employees (or about 8 per cent of its workforce). The move came soon after the company pumped US$5 million (about SsB million) into a
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    • 192 4 SINGAPORE Wearae Brothers Ltd has started work on two small condominium projects at Cornwall Gardens off Holland Road the group's first property projects in Singapore. The group, with interests in cars, computers, food packaging and construction, has started piling work on a 16-unit
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    • 153 4 SINGAPORE Sesdaqlisted G B Holdings saffcred a 30 per cent fell ia group aftertax profit to $1.8 million at half time. This translates to an per share of 2.7 cents. In the six months ended Sep 30, group turnover fefl
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    • 221 4  -  By Genevieve Cua SINGAPORE Food group QAF Ltd yesterday announced that it asked for a suspension in the trading of its shares last week because it was in the midst of negotiating "a very substantial" acquisition. Group managing director Wong Fong Fui said
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    • 659 4  -  THE HOCK LOCK SIEW COLUMN By Rahita Elias SINGAPORE The good news broke more than a week ago in the British press. AP Moiler, the Danish shipping and energy giant, had secured a charter contract for the second rig built
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    • 300 5 Innovisions in joint venture talks to make garments and accessories South China Morning Post HONGKONG Upmarket retailer Dickson Poon is to move into garment and accessory manufacturing in China. Mr Poon's Innovisions Holdings is in the final stage of negotiations with an
      South China Morning Post  -  300 words
    • 199 5 AFP TAIPEI Eleven new broking firms operating on the Taiwan stock market are expected to tone down rampant speculation and boost the bourse from its doldrums, say analysts. The Finance Ministry's Securities Exchange Commission yesterday issued business licences to II "investment
      AFP  -  199 words
    • COMPANY BRIEFS
      • 93 5 BANGKOK Kirkkiat Jalichandra, president of Bangkok Bank of Commerce, has decided to resign as director of the Stock Exchange of Thailand, becoming the second casualty in the stock market crisis after Dr Virabongsa Ramangkura, who quit the Securities and Exchange Commission last week. The
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      • 52 5 SEOUL Kia Motors Corp, South Korea's second largest car maker, has signed an agreement to export subcompact production technology to Iran's largest car maker, Saipa Corp. The agreement represents the first time a Seoul car maker has agreed to export car production technology to a
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      • 81 5 SYDNEY The three Australian partners in the Porgera gold mine have no intention of selling a further 20 per cent stake in the project to the Papua New Guinea government as demanded by Port Moresby. Renison Goldfields Consolidated Ltd managing director Campbell Anderson said his company
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      • 30 5 TOKYO Marubeni Corp, a leading Japanese trading company, yesterday began selling computer workstations made by NBC Corp, Japan's leading computer maker. Marubeni now sells Sony Corp workstations.
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    • 375 5 South China Morning Post HONGKONG Sun Hung Kai Properties (SHK Properties) and the Bank of China have agreed to each take a stake of about 16 per cent in the US$5O million (SsB2 million) Hai Hui resort project at
      South China Morning Post  -  375 words
    • COMPANY BRIEFS
      • 66 6 LONDON The Aga Khan's prestigious chain of international hotels is reported to be locked in crisis talks with its banks in a bid to reschedule debts. CIGA Hotels has missed interest payments but hopes to solve its cash problems with a
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      • 67 6 LONDON Imperial Chemical Industries pic's planned spin-off of its bioscience subsidiary may be delayed because of the company's need to scale back its dividend payout next year, the Sunday Times said. ICI cannot afford to cut the dividend and still expect shareholders to underwrite its
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      • 52 6 TORONTO Sears Canada Inc, a subsidiary of Sears, Roebuck Co of Chicago, will privatise the majority of its company-owned catalogue stores over the next three years to cut costs. The retailer said it currently owns and operates about 20 per cent of the Sears Canada 1,592
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      • 42 6 TEL AVIV A government sale of shares in IDB Holdings Corp Inc was oversubscribed 130 times in one of Israel's largest stock flotations, the Tel Aviv stock exchange announced. The flotation was par of the state privatisation campaign.
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      • 33 6 AVILES, Spain Spanish state steel company Ensidesa has announced plans for layoffs and temporary pay cuts among its 15,000-workforce because of financial difficulties and workers' protests against production cutbacks.
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      • 67 6 LONDON Shares in Wellcome pic rose 20p to £10.55 by mid-morning yesterday on news that the pharmaceuticals firm had won US and Canadian approval to market Mepron (atovaquone), a drug to treat a common type of Aids-related pneumonia. Analysts said the approval shows Wellcome has
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    • 664 6 Overcapacity may lead to more mergers after Hoechst's FT LONDON The recent announcement by Hoechst, the German chemicals giant, that it was to merge its PVC business with Wacker-Chemie is likely to be the first in a series of rationalisations within this troubled 6
      FT  -  664 words
    • 379 6 Bloomberg MELBOURNE CRA Ltd, the giant Australian mining company which is 48.9 per cent owned by London-based Rio Tinto-Zinc Corp, has rejected Papua New Guinea's claims that the company had acted dishonestly in a dispute over the Mount Kare gold mine. The exchange is
      Bloomberg  -  379 words
    • 447 6 NYT NEW YORK Individual investors, their confidence reviving with the ecohomy, are becoming ardent buyers of stocks, propelling stock indexes, especially for smaller issues, to new highs. These investors are forsaking cash and some high-yield-ing, high-risk bonds and are pouring money into stock
      NYT  -  447 words
    • 413 6 Reuter NEW YORK The toy industry, which has cruised through the current economic downturn with barely a scratch, is geared up for another strong holiday season, analysts say. "Die last two months of the year are crucial for all retail-driven industries,
      Reuter  -  413 words
    • 177 6 Reuter LONDON British spierating company National* Power said that an intern*-, tional consortium led by iIT has won a bid to buy aadiu operate a new 600-megawatt-coal-fired power station in' Portugal. The consortium hik;' formed a joint venture com-' pany, Tejo Energia, which
      Reuter  -  177 words
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  • Page 5 Advertisements
    • 214 5 NOTICE OF PARTIAL REDEMPTION Credit Lyonnais U*****,000,000 Subordinated Floating Rate Notes due December 1999 Pursuant to paragraph Redemption at the Option of the Bank of Condition 5 of the Terms and Conditions of the Notes, notice is hereby given that Credit Lyonnais will redeem at par on the next Interest
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  • FINANCIAL NEWS
    • 498 7 Beijing contemplating making yuan freely convertible Reuter HONGKONG Foreign banks, eager to tap Chinese savings worth hundreds of billions of dollars want to end a ban on dealing in local currency and China may be contemplating relaxing the rule, Hongkong-based bankers say.
      Reuter  -  498 words
    • 506 7  -  THE SANG KANCIL By Quak Hiang Whai The Sang Kancil weekly column tracks the profit /loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate,
      Source: Refco  -  506 words
    • 270 7 Reuter OSLO Norway's Central Bank cut its key overnight lending rate to 17 per cent yesterday from a six-year high of 25 per cent as the spectre of a devaluation receded. The cut mirrors a hike last Monday, to 25 per cent from
      Reuter  -  270 words
    • 280 7 Reuter BEIJING China's currency dropped steadily against the US dollar during November amid rumours the government was contemplating making it freely convertible. Officially, one US dollar bought 5.7055 yuan yesterday, against 5.5406 yuan on Nov 1, according to rates published by Xinhua
      Reuter  -  280 words
    • 391 7  -  By Soh Tiang Keng SINGAPORE The Singa-pore-based Asian branch of Frankona Reinsurance Company plans to home in on casualty cover and what is known as facultative business. Frankona chairman Dr Achim Kann, who visited Singapore recently, said the branch wanted to
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    • SMALL CHANGE
      • 74 7 LONDON Germany's Treuhandanstalt will take the seo- ,j ond step in its long-term borrowing programme this week by selling 10 billion deutschemarks ($lO.lB billion) of 7.25 per u cent bonds due 2002, traders said. The Treuhand, charged 4> with selling off state-owned assets
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      • 87 7 LISBON Portugal announced last week it was lifting all restrictions on residents contracting short-term foreign loans**?* with immediate effect. The Bank of Portugal said in a state».:«v ment that it was lifting all restrictions on residents contracting' L foreign loans of less than one year, bringing
        87 words
      • 58 7 ABU DHABI United Arab Emirates (UAE) authorities have asked exchange houses to double their capital amid"' increased supervision of the monetary sector following a series of bank crises. The UAE Central Bank said it had j exchange houses engaged only in foreign currency trade to' double
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      • 59 7 ABU DHABI Two Omani banks have decided to merge and more banks are expected to follow suit ahead of a bank deadline to raise the capital of banking units in the > southern Gulf country. Officials said the Omani Al-Ahli Bank and Muscat Bank would soon
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    • 308 7 Reuter TOKYO After Japanese banks released results last week showing slashed interim profits, industry analysts are again starting to question if the banks are setting aside enough funds as reserves. Japanese bankers and authorities have repeatedly sought to soothe fears of a bad
      Reuter  -  308 words
    • 618 7 Alleged role in billion-dollar scam tarnishing reputation of US multinational AP BOMBAY In five years, Citibank has revolutionised consumer banking, providing many people with their first credit cards, home mortgages and car loans. Using computer systems that still dazzle the Third World, the
      AP  -  618 words
  • Page 7 Advertisements
    • 68 7 VPi WE F©U» M E#+THE SEMINAR RATHER tOkCONSTR UCTI YE So will you. When you meet at the only beach resort hotel in Singapore. Where you'll find that the list of extensive meeting facilities includes, among others, three glorious kilometres of immaculate white beach. So ring Sandy on *****01 to
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  • THE REGION
    • NOTE BOOK
      • 59 8 JAKARTA Indonesia will step up its lobbying in Europe and the US to boost its exports there, Trade Minister Arifm Siregar said here yesterday. "This lobbying activity is necessary if possible we should get insider information and if possible also influence (the
        59 words
      • 47 8 DARWIN The government of Australia's Northern Territory yesterday created the country's first Ministry for Asian Relations and Trade. "It reflects the realities of new opportunities in Asia, including the importance of the Timor Gap oil and gas potential," said Chief Minister Marshall Perron.
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      • 49 8 HONGKONG Governor Chris Patten has been urged by legislators to follow Queen Elizabeth's example and pay his dues to the Inland Revenue Department, the South China Morning Post reported here yesterday. Mr Patten earns a tax-free monthly salary of about HK$ 178,000 (5538,450).
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      • 55 8 JAKARTA Indonesia spends just 0.9 per cent of its gross product on education, ranking well behind its neighand China, the Antara news agency reported yesterday. ijEgThe World Bank criticised Indonesia in its annual report for -*i-the poor quality of higher and technical education and ad•V vised
        55 words
      • 60 8 «r KUALA LUMPUR Malaysia fears it is losing the battle against Aids, with a top official reported here as saying the number of carriers of the virus was expected to increase seven-fold in three years. Malaysia now has 4,437 carriers of the virus that causes Aids, The
        60 words
    • 185 8 Bernama KUALA LUMPUR The Domestic Trade and Consumer Affairs Ministry's enforcement division has inspected 11,469 business premises as at last Friday since import duties on 649 items were reduced or abolished under the 1993 Budget Parliamentary Secretary Dr Salt Cheng Lum, said yesterday
      Bernama  -  185 words
    • 496 8 Export growth and investment slump seen Reuter BANGKOK Thailand will not see another economic boom like the one during 1987-90, but benefits from that heady expansion will keep it growing at a robust 7 to 8 per cent a year between now
      Reuter  -  496 words
    • 150 8 AFP SYDNEY A national protest over new industrial relations laws which unions say will slash living standards was dismissed by employers yesterday as "a fizzer", with fewer workers taking part than anticipated. Instead erf" the masses expected by union leaders to show up
      AFP  -  150 words
    • 321 8 AFP MANILA The Philippine economy will post a 2.9 per cent growth this year due to higher foreign exchange inflows from Filipino overseas contract workers, a private development think-tank said. The estimates in a report obtained here on Sunday were better than government projections
      AFP  -  321 words
    • 299 8 Reuter SYDNEY Australia's current account deficit ballooned to its highest level in nearly three years in October, but economists said the blowout has more to do with the lower Australian dollar than with a sharp rise in demand. They said that while
      Reuter  -  299 words
  • Page 8 Advertisements
    • 312 8 I SALE OF THREE COMMERCIAL AND HOTEL SUES T JP/ /Albert Rochor /V \c en t re JJfyY 7 Churc BuSkMng y Hot The URA is offering one commercial and two hotel sites for sale on I IAH* I 4 JHftflg. 99-year leases by public tender. MKK r k-"ff?r^ Parcel
      312 words

  • THE WORLD 1
    • 519 9 Reuter TOKYO Hit by a prolonged economic slowdown that has severely constrained its Budget, Japan may curb the expansion of its foreign aid programme, despite global pressure to maintain it, government officials and aid experts said yesterday. With the fourth mediumterm Official
      Reuter  -  519 words
    • 441 9 But financial markets likely to stay calm Reuter TOKYO Japan's official unemployment data for October, due out today, will show only a slight increase, but the protracted domestic slowdown has dealt a serious blow to job-seekers, economists said. "The seriousness of job cuts is equal
      Reuter  -  441 words
    • 213 9 Reuter BEIJING Officer cadets at China's military academies are swapping courses on securities trading, seeking to command stock market profits instead of army battle groups, an official newspaper said yesterday. The Liberation Army Daily said introductory courses on China's experiment with stock markets
      Reuter  -  213 words
    • WORLD WATCH
      • 72 9 WASHINGTON A senior US official suggested that the UN may have to install an interim government and organise elections in Somalia, the Washington Post reported yesterday. The official said a US-proposed military operation to protect relief supplies may need to be
        72 words
      • 91 9 LOS ANGELES China is recruiting Russian technology and scientists wholesale to develop state-of-the-art weapons programmes, according to yesterday's editions of the Los Angeles Times, which quoted US officials. China has set up recruiting offices inside Russia and has hired hundreds of technicians there for Chinese plants,
        91 words
      • 77 9 BONN Chancellor Helmut Kohl wants a solidarity tax on income to be imposed early next year for application in 1995 to finance the 400 billion deutschemark (SS4O7 billion) debt left by former East Germany. Mr Kohl mentioned the outlines of a "solidarity pact" to resolve the
        77 words
    • 742 11 Furor grows over use of public funds in sex therapist row Reuter LONDON Prime Minister John Major is standing by Chancellor Norman Lamont in a growing political storm over his use of public funds to help pay legal bills for the eviction of a sex therapist
      Reuter  -  742 words
    • 267 11 Reuter LONDON Paul Raymond, who owns property in London's Soho nightclub area and publishes sex magazines, has deposed the landowning Duke of Westminister as Britain's richest man, according to a survey published yesterday. Business Age estimated in its latest line-up of Britain's richest
      Reuter  -  267 words
    • 456 11 Reuter LONDON The far-reach-ing economic costs of Aids threaten the development prospects of many nations, according to a report published yesterday. "Aids is now not just a .baffling disease of the immune system but a development issue, which both feeds off and
      Reuter  -  456 words
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    • 204 9 A Feast That's Out Of This World, Need Not Cost The Earth. COLD DISH DELUX FIVE-COMBINATION COLD DISH FOUR-VARIETY HOR D'OEUVRE BRAISED SHARK'S FIN WTTH CRAB MEAT BRAISED SUPERIOR SHARK'S FIN SUPERIOR SHARK'S FIN IN CLEAR SOUP ROAST SUCKLING PIG ROAST SUCKLING PIG ROAST SUCKLING PIG DEEP-FRIED "SOON HOCK' STEAMED
      204 words
    • 552 9 n Ml'le. lI^B ii,, li^^Hl r SINGAPORE INSTITUTE OF MANAGEMENT MANAGEMENT DEVELOPMENT PROGRAMMES December 1992 February 1993 SENIOR MANAGEMENT I 21. 11* Trainer Manager Jan 13,14, I—^■* Programme 15,18 19, 1. Allen Problem-Solving Feb 25 26, 1993 Programme for Senior 1993 22. SIM Course Leaders' Course Feb 22 27, Managers
      552 words

  • Page 10 Advertisements
    • 744 10 MHp| ADVANCED DEFINITION DRAMATIC VISION FROM TOSHIBA IB I H I I U I IB I I biPkk b B H H HH H H H H H H H H H■ H H H H H H Toshiba's unique "Natural Face" screen eliminates warping at the corners, resulting HH
      744 words

  • Page 11 Advertisements
    • 198 11 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,
      198 words

  • 490 12 EDITORIAL WHEN William Soeryadjaya, founder of Indonesia's second largest conglomerate, pledged to repay the debts of his son's failing Summa Group, there must have been sighs of relief at the country's central bank. Bank Indonesia. For although fallout in the country's banking system has been expected for
    490 words
  • WHAT THE OTHERS SAY
    • 278 12 ARTHUR Dunkel, the director-general of Gatt (sometimes known as the General Agreement on Talk and Talk), has to be seen to be optimistic. At the re-opening of talks in Geneva late last week to put together a rule book for orderly international trade, he and
      278 words
    • 100 12 THE government's $7.7 million gift in the form of a month's free maintenance to 287,500 HDB one- to three-room dwellers, can be regarded as a year-end bonus. It happens because our economy is doing relatively well and our reserves are strong. The amount is equivalent to the
      100 words
    • 127 12 ACCORDING to the population census figures, the income of the average Singapore household has, in the period of 10 years (from 1980 to 1990) risen from $1,228 to $3,076. Taking into account the 25 per cent inflation rate, average real income of Singapore households in 1990
      127 words
  • REGIONAL VIEWPOINTS
    • 173 12 THE Hongkong and British governments have both reacted with commendable speed and appropriate vigour to China's warning that it will not honour contracts for developing Container Terminal Nine after 1997. The threat, lobbed indiscriminately into the public arena in the middle of Friday's heated debate over
      173 words
    • 147 12 NECESSITY, it seems, is the mother of President FW de Klerk's renewed determination to bring non-racial democratic rule to South Africa. What else could have provoked him into unveiling an 18-month deadline for the end of white minority rule? Pay little attention to the deadpan reason of
      147 words
    • 170 12 WHEN Pakistani President Ghulam Ishaq Khan dismissed prime minister Benazir Bhutto's administration on the grounds that it no longer commanded the public's confidence, he accused her of abusing federal power, nepotism and corruption. Now the Nawaz Sharif government is two years old and the country's president has
      170 words
  • 1139 12  -  Michael Wines examines the events which unfolded in the Republican camp during the run-up to the US presidential election last month Michael Wines NYT BY THE time the Republican Party massed in Houston last August for its convention, US President George Bush's re-election campaign appeared a
    NYT  -  1,139 words
  • Page 12 Advertisements
    • 291 12 Someone dose has beenMng Your son in Canada Is studying for some years, overseas You've given up 1 1 uvcioccwi cr 1 ■HM And you SHST want him TheState?Ls ■DQgjH close to home weeklytelslt better -with news (Height K?fW{W!TS from home. comeback after reading all the good news.) To your
      291 words
  • Page 12 Miscellaneous
    • 54 12 POONESBURY GARRY TRUDEAU 10UPSAUX9&TT rVSOUR7IJRN,RJCK. WE'VEANPSOYOUV& WX.IFHE 90UNP5 IN A RESUME TO UH-HUH. BEEN MTINS OUR. UHOt£U£& 60tN6X)5n CAUS.nILB UKEH6H raJNICN* MEANP f&t A SHOT AT PUBLIC SER- THEFEff/TW THECUMNA- SCHOOL J HALF THE Vice. CUNTVN'SONEOFUS, PCNE.WTm VON OF MY N OWBtSTAFF I THE POINTMAN FDR AN ENTIRB FOR HtS
      54 words

  • ANALYSIS
    • 945 13 AMID recent headlines on the ups and downs of the Gatt talks, it was easy to miss a new example of the European Community's trade policy. The EC announced anti-dumping duties on imports of steel from Czechoslovakia. Even Euro-sceptics were impressed by this: the same EC
      945 words
    • 836 13  -  John Helmer AS THE Congress of People's Deputies, Russia's highest lawmaking body, prepares to meet in Moscow for the next 10 days, Russian President Boris Yeltsin and his government are in a weaker position than they have been at any time this year. The president
      836 words
    • 1023 13  -  Japan's scandal-ridden Liberal Democratic Party is being further assailed by disclosures that an organised crime group helped Former Prime Minister Noboru Takeshita get into power. James Sterngold reports James Sterngold NYT TWO DAYS of ambiguous testimony by Japan's most powerful politicians about their reported
      NYT  -  1,023 words
  • Page 13 Advertisements
    • 49 13 OILFIELD RECRUITMENT TRAINING Recruitment and Temporary/Contract Hire: Our international data bank register contains over 5,000 "live" resumes ail nationalities, expatriate, regional and local manpower. Training Development: Create National Prosperity with well trained staff. Improve job performance by extending and improving knowledge. ■■■■S Kll LT« tiiii i i i j
      49 words

  • INNOVATION & TECHNOLOGY 1
    • 745 14  -  Kenneth James looks back on an eventful Comdex, the PC mega-show that out-glittered the lights of Las Vegas last month Singapore companies among those leading multimedia assault Kenneth James Multimedia took off like a rocket at Comdex/Fall '92, the personal comiremier showcase. And Singapore
      745 words
    • 375 14 PCs still don't dance, but they do talk, sing and play your favourite movie. The phenomenon is called multimedia. But Comdex/Fall '92 also showed clearly that while multimedia is hot, it's not the only game in town. Networks were less flashy, but just as
      375 words
    • 482 14 LOCAL COMPANIES Creative Technology, Aztech Systems and ACS Computer are riding high on the multimedia wave, but competition has never been keener. Up to now, multimedia has been largely the domain of "infotainment" education and entertainment. A dedication to providing quality sound and video for home
      482 words
    • 669 15  -  Joseph Rajendran reviews issues raised at the national computer conference Joseph Rajendran jar ALAYSIA's na/I tional computer ---1 I conference endI ed last month "31 with the focus US* one objective: how to use comZ3BPters to improve the quality of *Ijfe in the
      669 words
    • 393 15  -  Lee Siegel finds out what's been getting researchers all excited Lee Siegel AP ,„,qn HE PERPETUAL ..I :J search for ways to M. speed up computers find new uses for them /ijffi ay benefit from develop- ment of porous silicon chips I 'rthat
      AP  -  393 words
    • TECH TAKES
      • 62 15 SINGAPORE The Information Communication Institute of Singapore (Icis) will bunch its third post-graduate course in Network Management Software in March 1993. The oneyl»r full-time course will integrate software development and technologies. It aims to produce specialists who can develop Quality network management software aid
        62 words
      • 90 15 The faculties of Medicine and Engineering the National University of Singapore will ccMnost the three-day 7th International Conference on Biomedical Engineering starting tomorrow. To be held at the Marina Mandarin Hotel, the conference will explore the technology of biomedical engineering systems with special emphasis on applications and
        90 words
      • 129 15 SINGAPORE Microsoft Corp, whose Windows software has become an industry standard for personal computing and workgroup information sharing, has found two more allies. National Semiconductor of the US, which supplies very large scale integration (VLSI) solutions for information networks, said its new Ethernet adapter cards have been
        129 words
  • Page 14 Advertisements
    • 366 14 h Do they work harder? Or just work smarter? ITFS also underscores your company's commitment 81I|,| f J, Because when all things are equal, nothing to developing international business. An essential g gives your overseas business a better competitive factor that converts prospects into customers and edge than Singapore Telecom's
      366 words

  • Page 15 Advertisements
    • 366 15 MICROSOFT I I »1 w <g»— Vn» 1 ,fc< •**< IF YOUR CIPETITIHRSIIIE »*»»..*<«r* --•>»••. v*k 4,.< The new ALR BusinessVEiSA Series, it s wise to get one before the competition does. Because the fm*+? 4 »•>- *>•*.• **< OF TUBE YOU'RE 111 TROUBLEj V -> -S ALR BusinessVEiSA can
      366 words

  • CORPORATE FOCUS
    • 1013 16  -  Simon Holberon examines the reasons for the 18-month decline in the fortunes of Hongkong's oldest company. Also, a report on the company's likely shift towards ethnic Chinese management v Simon Holberon FT THESE are dark days for Hutchison Whampoa, Hongkong's oldest company and one which, until
      FT  -  1,013 words
    • 782 16 The Economist A YEAR AGO, the listed companies under the control of Li Ka-shing, Hongkong's richest man, accounted for around 15 per cent of the capitalisation of the Hongkong stock market. Since March last year, the shares of both Hutchison Whampoa, the British trading house Mr
      The Economist  -  782 words
  • Page 16 Advertisements
    • 144 16 I EI k f H i j w v., 'T- l M? h -f 4AA GUESTS KEEP RETURNING, COME RAIN OR SHINE. When you're far from home, there's nothing like returning to the warmth and shelter of an Omni Hotel. Because our staff really do go out of their way
      144 words
    • 144 16 MIND POWER 1711 ¥7 T? EVENING LECTURES ON HOW TO USE F YOUR MIND'S FULL POTENTIAL We will teach you how you can... Be a prolific GOAL-ACHIEVER Overcome INSOMNIA and wake up at Excel under STRESS your chosen time, ENERGIZED! Develop CREATIVITY and trust Improve COMMUNICATION SKILLS INTUITION Perform to
      144 words

  • Page 17 Advertisements
    • 84 17 RED IS i AN I auspicious COLOUR P c H p!?-••■*% t' ->. jfA,; r J •i v I** 4 \f* j 1 Your ad in the Yellow Pages gets noticed faster if it has an extra colour red. You'll also be doubly blessed because survey shows that more I
      84 words

  • Page 18 Advertisements
    • 830 18 WHERE TO WINE, DINE... i— i w 1 vusc« et everyday and a a little I on Tuesdays I >i■ r t -I llll> 1111 l I'lilv Prillk I lllllJlU 1.nk1.111. f < 'lit 111 t!»l I I'll 1 v>i. iii-r .I n!• 'hi nielli > Uli-.l's in- rr if'>
      830 words
    • 257 18 Gaessvbols jgEEwtMighni*er 2522t We tervc the work! to you at Top of the M MI OKt«n> «MJ H m« <»» < —i i W\Embark on a world hunt of culinary X treasures at the Cafe Vanda r\ Hi TNTRRNATIONALI 6 l \Buffet 111 |j DeC ItO 30 (eacoptDacM) J (j
      257 words
  • Page 18 Miscellaneous
    • 562 18 TELEVISION AND RADIO A "t t«>") Akaatara (Japanese drama BUSINEBB ON ftAD<O 1■ /I I obU lie 7.00 From the Newsroom follow- dubbed in Malay). r 1704 /2 "SaSSST 4 c. me g 0.00 A Brash with Art With Al- vESta f Stereo) 6 M Rttfaui HewtTvi) Business Report F
      562 words

  • LIFESTYLE
    • 931 19  -  Dawn Tan finds something immensely likeable about veteran band Toto Dawn Tan According to theory, rock descended from the blues, gaining volume and distortion as young, white musicians tried to duplicate the legends that inspired them. Rock-stroke-heavy-metal was bom, and with it a deluge of
      931 words
    • 810 19  -  Ernest Sander looks at Hollywood's treatment of Asian-Americans Ernest Sander AP MR BASEBALL has no Asian butlers or nurses; instead, the movie trots out more modern cliches: the freewheeling, brash American running up against the conformist, rigid Japanese, sushi and low ceilings. Asian-Americans generally
      AP  -  810 words
    • 588 19 C H ATTERBPX^ ACTOR and director Bill Bixby is seeking experimental treatment as he battles prostate cancer that has metastasised to the bone. TV Guide reported Bixby was scheduled to enter the UCLA Medical Center in Los Angeles yesterday to begin an eight-week experimental
      588 words
  • Page 19 Advertisements
    • 219 19 AND ENTERTAIN WJKF HhP H The Orient Express Capture the spirit of the Orient with culinary flavours from the Chinese kitchen Every Tuesday Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ For reservations, please call ANA HOTEL 732-1222 extension 1700 SINGAPORE DID YOU HEAR
      219 words
    • 8 19 Tonight only at Zouk!! 17 1 raritftrm *Jft^^mMms£mmiiE^
      8 words

  • SPORTS
    • SIDE LINES
      • 131 20 PRESTON, England Jimmy White shed his nearly-man ta| when he won the British snooker championship on Sunder, beating English compatriot John Parrott 16-9 in the fiaal. White, runner-up in four World and two British tournaments, at last lifted the sport's second most prestigious
        131 words
      • 86 20 B JGIBBA, Malta Neil Mosley of England completed a oi e-sided 11-2 win over the Philippines' Leonardo Andam in tli s world amateur snooker championship final on Sunday. T e 23-year-old Mosley needed 15 minutes of the final se sion to claim victory. His opponent, a 33-year-old
        86 words
      • 57 20 Ji >HANNESBURG Veteran anti-apartheid sports adminis rat or Sam Ramsamy was re-elected unopposed as president o .the National Olympic Committee of South Africa on S aday. Mluleki George, president of the African National degress-aligned National Sports Congress, and yachting officfO Ross Robson were elected joint vice-presidents by
        57 words
      • 94 20 HART, the New Zealand protest group that led protests against sporting ties with South Africa, has diftanded, saying it no longer has a role. The New Zealand P&s Association said yesterday that HART (Hah All Racist launched in 1969, voted itself out of existence at the weekend.
        94 words
      • 51 20 P(J>RT ELIZABETH, South Africa Black nationalist group AJfcpo resolved on Sunday to try and disrupt the current Indian cricket tour of South Africa. A resolution adopted by thl Azanian People's Organisation (Azapo) called for the otfanisation of protests including, "storming pitches and grounds and picketing visiting
        51 words
      • 86 20 MpRATUWA, Sri Lanka New Zealand skipper Martin Crbwe said his team would have to work hard to save the first Test here after Sri Lanka ended the third day in a commanding position after hammering a weak bowling attack."Obviously, the Sri Lankans are in the box
        86 words
    • 566 20 Skins Game NYT PALM DESERT, California Payne Stewart put U*****,000 (*****,000) worth of salve on an otherwise poor year on Sunday by winning his second consecutive Skins Game in sudden death. In a format where opportunism is everything, Stewart holed a 3-foot birdie putt on
      NYT  -  566 words
    • 299 20 AFP SESTRIERE, Italy Alberto Tomba's desperately faint chances of winning the World Cup were swept away after a weekend flop on his favourite ski slopes. "Of course I'm disappointed for all my fans but I knew I didn't have much chance of
      AFP  -  299 words
    • 209 20 Reuter KARACHI Defending champion Jahangir Khan will hold centre stage at the Pakistan Open squash championship starting today when he tries to overcome a back injury. A lumbar spine injury earlier this year forced the 29-year-old former world number one out of several tournaments,
      Reuter  -  209 words
    • 525 20 AP PARK CITY, Utah No 1 started first and finished first. Living up to her No 1 international ranking under the pressure of performing before a home crowd, Julie Parisien of the United States edged Sweden's Pernilla Wiberg by .03 second on Sunday
      AP  -  525 words
    • 236 20 AFP JOHANNESBURG World number one doubles team Mark Woodforde and Todd Woodbridge beat Anders Jarryd and John Fitzgerald in five sets to win the ATP World Doubles tennis crown on Sunday. The Australian pair overcame a stirring comeback by the defending champions to
      AFP  -  236 words
  • Page 20 Advertisements
    • 121 20 *©> i maruman golf classic 95 ISIN6 A r 0 I E I held at THE KEPPEL CLUB After 4 days of competitive golf, we are pleased to Congratulate the WINNER of this year's Classic t tf&s maruman fir^S i I S I N 6 B 0 T 1 ~=r
      121 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 3806 21  -  By Shoeb Kagda EXPECTATIONS of an economic recovery in the United States and hints of a possible corporate tax cut at home spurred large-scale institutional buying yesterday. The benchmark Straits Times Industrials Index surged 21.11 points to end at 1,469.07. Brokers
      3,806 words
    • Article, Illustration
      86 21  -  By Anthony Pang SEMBAWANG Shipyard has broken out of the $8.00 resistance on good volume. The stock now looks set to test its all-time high of $9.00 achieved earlier this year. Medium and long-term indicators are positive, with both 13week and 15-month RSIs at the 50-60 level. In the
      SOURCE: BRIDGE INFO  -  86 words
  • Page 21 Advertisements
    • 60 21 Singapore: THE HOUR GLASS Lucky Plaza TeL *****20/1 Scott# Tel. *****27/7198 J Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 hiwak THE HOUR GLASS (Licensee) Plaza Indonesia, Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre, Kuala Lumpur Tel. 03-*****2(y932 y jf Yow
      60 words

  • 3187 22 CAC 660 45 7.3% Semb Shipyard 825 +45 +5.8% DBS Foreign 1380 40 3.0% SIA Foreign 1640 40 2.5% OUB Foreign 494 34 7.4% OUB F Rts 180 32 21.6% CAC Wt 320 +26 +8.8% Firs Capital 308 +23 +8.1% Semb Ship Wt 276 +21
    3,187 words
  • Page 22 Advertisements

  • 3348 23 •Gratings 50c 920 30 3.4% M Banking 650 +20 +3.2% NST 380 +10 2.7% KL Kepong 214 +9 +4.4% UMW 422 +8 +1.9% Guinness 50c 277 +5 +1.8% Amal Steel 50c 182 +3 +1.7% Beijaya Group 110 +3 +2.8% Antah Hldgs 50c 132 +2 +1.5%
    3,348 words
  • Page 23 Advertisements
    • 258 23 rOSINESSTIOS Toll -free Tel No: 737-0043 Fax No: 734-3606 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CI AN CHONG AURIC PTE. LTD. (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of Gian Chong Auric Pie. Ltd. duly convened and held
      258 words
    • 408 23 OFFICIAL NOTICE We. PACIFIC INTERNATIONAL LINES (PRIVATE) LIMITED, of 140 Cecil Street. #03-00. PIL Building. Singapore 0106. hereby give notice thai in consequence of our intended purchase, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of the
      408 words
    • 134 23 r IN THE MATTER OF 1 THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF PAT LEE HAIR-DRESSING SALOON PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that the creditors of the above company, which is being voluntarily wound up. are required on or before the 15th day
      134 words
    • 289 23 r IN THE MATTER OF 1 THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PAT LEE HAIR-DRESSING SALOON PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of PAT LEE HAIR-DRESSING SALOON PTE LTD duly convened and held at 2 Finlayson Green *12-03 Asia
      289 words

  • BT SHARE INFORMATION SERVICE
    • 363 24 Company Date Year Group Nat Nat earnings Gross ann to profit/loss par share dividend (000) (cants) Goodwood Park Nov 20 Sep 92 $22,110($22.137) 49(49) 80(80) H Msia Nov 28 Sep 92 *7.523(5429) 45 6(2.6) 50(15) Metal Ctainefs Nov 25 )un 92 $2,4061(17,3731) 1(05) Jaya Hldgs Nov 24 Jun
      363 words
    • 130 24 Covm Date VMr Group Nat "tt Mn.l«p Cthi ann te profit/toss p«r skara dividend (•000) (cants) Tunes Pub Nov 20 Aug 92 $24,168($35.903) 19.9(29.5) 10(10) WSB Nov 14 Jun 92 M$334l($ll,495) -(22.4) 5(12) NST Nov 16 Aug 92 M$68.894 ($55,298) 38(31) 20(10) Kemayan Nov 16 May 92 M$23.461L($457L)
      130 words
    • 103 24 Nov 25 Sembawang Group has signed a memorandum of understanding with Bechtel Enterprises to cooperate in infrastructure development projects in the Asia-Pacific. Nov 24 OUEistosetupa joint-venture company to acquire a Beijing hotel. Psrtway Hklgs will build a hospital and medical centre in Kuala Lumpur. Nov 23 t Renong
      103 words
    • 929 24 Currant Ex Books Date Total tor Total tor payment date doso payaWo tho yoar last yoar MSB 5*(b) tan 8 Jan 22 Jan 29 5* 12* Am* Sled 50c 12*(b) Nov 19 Dec 3 Jan 2 12* 12* Amtek Em 20c 6*TE Dec 4 Dec 10 Dec 30
      929 words
    • 522 24 Company Rights Issue Mam Tech Ttweetor hve (a. SI 00 pet share bdate Dec 10 Bks Close Dec 22 Acceptance and Payment NYA Guthrie OS 0* lor one SO 23 pet share bdate Nov 26 Books dose Dec 8 Acceptance Payment NY A lm Em Onekx live (a
      522 words
    • 150 24 Lun Chant Hohfinfs Ltd; 10th AGM at the Board Room, 38 Kim Tian Road. #0340 Kim Tian Plaza. Singapore 0316. on Tuesday. December 1, at 10.30 am Affin Hofcfings Bhd: EGM on the 28th Floor, Menara Boustead, 69 Jalan Rata Chulan, ***** Kuala Lumpur, on Tuesday. December 1,
      150 words
    • 305 24 In local cwt In S$ la US$ S d> >t dy yr dy yr No> 27 Index cfagc chge chgc chft dm dy World 390.0 0.5 -4.5 0.5 -7.1 0.1 -8.2 iEAFE 454.3 0.4 -9.5 0.2 -14.0 -0.1 -14.9 Europe 421.8 0.4 2.6 -0.1 -9.1
      305 words
    • 380 24 C——iB Date Half-year Group N«t Interim ami to profit/loss dWdond ('000) Metro HUgs Nov 27 Sep 92 $3,661 ($1,938) Transmarco No* 27 Sep 92 52.243(52.207) PMRI Nov 27 Sep 92 M$1.257 ($4,868) 5(5) Faber Group Nov 26 Sep 92 M$6,413($3,358) K Keflas Nov 26 Sep 92 M$ll,762($12.809) Renong
      380 words
  • 593 24 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100
    CHARTS BY BRIDGE  -  593 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 5481 25 Bernama SHARE PRICES here ended on an easier note yesterday as the market consolidated further although second-liner stocks continued to gain from the return of speculative interest. The KLSE Composite Index at the close added 1.41 points to 641.89 and the Industrial Index ended 2.30 points
      Bernama  -  5,481 words

  • CHINA STOCK EXCHANGES
    • 427 26 CLSA BULLISH SENTIMENT continued to drive the Shanghai A share market higher yesterday. The Shanghai A Index rose 15.25 per cent to end at 4,758.05. The surge of the A shares, however, did not have much effect on the B share market in
      CLSA  -  427 words
  • JAKARTA STOCK EXCHANGE
    • 1141 26 STOCKS staged a modest recovery yesterday from a quiet early opening, which brokers said was clouded by concern over a second private bank. The Official Index rose 0.94 point to close at 285.60. "The shares rose after last week's concern over Bank Subentra and Bank
      1,141 words
  • STOCK EXCHANGE OF THAILAND
    • 2122 26 Reuter STOCKS finished lower yesterday in a quiet market on some profit-taking following rises late last week, brokers said. The SET Index lost 4.28 points, or 0.49 per cent, to 865.21 on thin turnover of 3.93 billion baht. Declines led advances 139 to 92 with
      Reuter; Source: Bridge Info  -  2,122 words
  • Page 26 Advertisements
    • 53 26 IUUHtf hi |iiyiUlltfjM|T |HTTT I 111 HK IT I'■ll 1 1 I I ■111 111 II I I Find out in ■■II HI 1 H I I Ir I II I I VIII Personal Investment and Finance. II I I I I I Ift I ■II I I I 1
      53 words

  • TOKYO STOCK EXCHANGE
    • 2584 27 Reuter STOCKS closed firmer on small-lot buying yesterday, picking up the six-day rally that was interrupted last Friday. Brokers said investors were becoming wary due to the lack of fundamental factors to back up further gains, but even more were afraid that they missed
      Reuter  -  2,584 words
  • STOCK EXCHANGE OF HONGKONG
    • 2430 27 AP SHARE PRICES on the Hongkong stock exchange tumbled yesterday because of the continuing row between Britain and China over Hongkong. The Hang Seng Index, the market's key indicator of blue chips, fell 176.04 points, closing at 5,810.63. Turnover amounted to HK52.250 billion, up
      AP  -  2,430 words

  • AUSTRALIAN STOCK EXCHANGE
    • 2067 28 Reuter A DISASTROUS current account deficit scaled back early gains on the Australian share market yesterday and caused the leading index to close slightly lower. Brokers said investors were astonished by figures showing the October deficit had blown out to A 52.04 billion unadjusted
      Reuter; Source: Bridge Info  -  2,067 words
  • REGIONAL STOCK MARKETS
    • Seoul stocks boosted by rate cut hopes
      • 845 28 EXPECTATION of an interest rate cut and a more flexible monetary policy boosted Seoul shares to end sharply higher yesterday. "Just before the close, the market soared as many investors believed a cut in the rediscount rate by the central bank was imminent," broker W K Lee of Jardine
        845 words
      • 183 28 INDIAN stock prices rose yesterday as fears over a growing political confrontation in the country receded, but brokers said it would be difficult to sustain prices at higher levels. They said prices also climbed because some companies offering rights were buying their own stocks through surrogate firms to push
        183 words
      • 452 28 Manila No* 27 Peso +/-Vol (T)00) A.Soriano Corp. 1.660 ABS-CBN 32.500 -.500 122 Abra Mining Corp. 010 unch 1000 Alcorn Pet 029 .001 ***** Alcorn Pet.-B 031 unch ***** Anglo Phil-Oil A 010 Apex Mining A 008 Apex Mining B .009 Atlas Cons A 11.500 unch 57 Atlas Cons B
        452 words
      • 349 28 SHARES ended steady in Wellington yesterday, with falls in some leading stocks masking a strong rebound in Fletcher Challenge and a three-cent gain in Telecom. FCL, which began firming last week in anticipation of a sale of its unit, Rural Bank, ended 11 cents higher at NZ52.22 after
        349 words
      • 463 28 STOCKS in Taiwan closed slightly lower across the board in very sluggish trade yesterday as most investors stayed sidelined in an absence of news, brokers said. The Weighted Index opened higher but ended 11.13 points lower at 3,675.01 on turnover of NTS6.4B billion. Financials were strong in early trade
        463 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 895 29 iHE US DOLLAR hung otionless at 1.60 marks cjver a thin European midsessjon yesterday after an early speculative foray on the upside met with a round of silence from investors. Traders said players were leluctant to take new positions
      895 words
    • 407 29 Cross rates Nov 30 r I I I I I I I II USS SS MS Dm Yen SFr AS NZS 1 qSS 1.6370 2.5320 1.6010 124.80 0.6618 1.4440 1.4599 1.9436 0.6109 1.5467 0.9780 76.2370 0.4043 0.8821 0.8918 1.1873 l(tS 0.3949 0.65 0.6323 49.2891 0.2614 0.5703 0.5766
      407 words
    • 596 29 Interbank rates St Bid Offer Overnight I 5/8 2 1/2 1-month 2 1/16 2 3/16 2-month 2 3/16 2 5/16 3-month 2 5/16 2 7/16 Overnight mode: 1-7/8 USt WU Offer 7 days 3 3/16 3 5/16 1 month 4 1/4 4 3/8 2 months 3 15/16 4
      596 words
    • 311 29 IHT PARIS A long-rumoured financing for Britain, part of its operations to rebuild the reserves lost in September's unsuccessful effort to keep the pound in Europe's ex-change-rate mechanism, is expected to emerge this week. A jumbo bond issue of at least US$4 billion (556.5
      IHT  -  311 words
    • 1449 29 SIMEX cutooomm Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 95.99 96.00 95.97 95.99 6300 3705 ***** Mar 93 96.00 96.02 95.98 96.01 ***** 7159 ***** Jun 93 95.56 95.60 95.53 95.58 ***** 3890 ***** Sep 93 95.09 95.11 95.06 95.11 3550 1284 4062 Dec 93
      1,449 words

  • COMMODITIES
    • 350 30 LONDON Talks at the International Coffee Organic ation (ICO) reached an impasse as consumers and producers differed on how to proceed in negotiations on selectivity. Consumers presented their own paper on the issue. But while producers welcomed it they were not prepared to
      350 words
    • 262 30 AFP PANAMA CITY The Union of Banana Exporting Countries on Sunday urged the European Community to abandon "stale protectionist policies" in favour of greater access to the community's market for non-EC fruit. The European Community is slated to impose higher tariffs next
      AFP  -  262 words
    • 760 30 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market ended 10 sen lower at M$ 14.05 per kg on higher offerings yesterday. Dealers said the weaker ringgit had undermined prices despite the firmer London Metal Exchange which ended US$45
      760 words
  • 1404 30 Rubber MS Cimnflty txekmwt (Wn dwlt *—> IBS 1C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 92 000 0.00 144.25 0 \JlS jS 93 0.00 0.00 144.25 0 3.900 Feb 0.00 0.00 144.25 0 4,650 Mar 0.00 0.00 144.50 0 5,025 Apr/Jun 145.00 144.75
    1,404 words
  • Page 30 Advertisements
    • 165 30 BUSINESS TIMES TbH-«r—Trt No -.737-0043 Fax No; 734 3608 IN THE MATTER OP THE COMPANIES ACT CAP. M AND NITTO BI SBAN (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION NOTICE IS HEREBY OIVEN that pursuant to Section 306 of the Companies Act, Cap. 50 the Pinal Meeting of the Members
      165 words
    • 13 30 iSSSSJSS mr offers Bp the most current ■N list o/ job |F opportunity*
      13 words

  • 1216 31 Ctty F%M ETA FMgM ETC Ctty FHgtit ETA Fight ETD Aka Dfcaki GA887 1230 GA892 0100 SQ104 0630 GA893 400 GA886 2340 MH605 1025 MH670 0930 SQ105 1050 SQ106 1045 Q f81 1935 Qf82 2050 MH642 1255 SQ106 1145 (■Ma I KL838 0040 SQ107 1305 MH641
    1,216 words
  • THE TRAVEL PAGE
    • 747 31  -  LETTER FROM ARKANSAS By Marian Burros WELCOME to the Centre of the Universe, the woman said, then laughed at the absurdity of her greeting. Charlotte Brown, the director of development for the Arkansas Arts Centre, was reflecting on the fortunes of Arkansas' capital city since
      747 words
    • 152 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1160 1.1260 Canadian dollar 1.2575 1.2675 NZ dollar 0.8325 0.8625 Sterling pound 2.4590 2.4790 US dollar 1.6320 1 6400 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • 83 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Jan 7-10 Autosports Birmingham Haymartet 071-*****20 A Training Centre, Exhibitions Ltd, International Exhibitions. (fax) Technology London London Tcddington TW1I Jan 19-24 International Cologne. Messe-und (49)221/ Jan 7-10 London Earls Court. National Boat 0784-*****8 Furniture Fair Germany Ausstdlungs-
      83 words
  • Page 31 Advertisements
    • 45 31 Fmnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      45 words
    • 6 31 Innovation Technology in BT every Tuesday
      6 words
    • 721 31 Toll-frMIW No: 737-0043 Fax No: 734 3606 In the Manor of the Companies Ad. Cap. SO AOAPE PRIVATE LOTTED (Incorporated In Singapore) A» an E«raonSnaryGenerl Meeting of the members of th« atawenemed Corn pany.duty convened and Mdtf 11 Dhooy Ghaut #07-02 Cathay Butting. Singapore 0022 on 25th November 1902, the
      721 words
  • Page 31 Miscellaneous
    • 279 31 1 Don't ring Irma, 1 left her sleeping 5 Look forward to the dance, r—^^ foregathering for it (4,3) j j j I I I I 1 I 9 How a dentist carries out ex- ""■■"""THl"""" tractions all day? (3-4) 10 Turns out and tidies up the j j j
      279 words
    • 166 31 Singapore Outlook: Showers over several areas in the late morning and afternoon. ReportMaximum temperature 29.4 Assoc humidity 65% Minimum temperature 23.9 Assoc humidity 95% Hours of sunshine 3.75 Rainfall in mm Tracc Rainfall this month 496.0 Rainy days this month 19 World report Asia-Pacific Hi/Lo* Good. Auckland 20/15 Cloudy Bangkok
      166 words
    • 33 31 /"ujhaT~\ TVOSC fM nnt,, -1 whb» fceJPS Vi F\P.O V e,RiLU^HT_y jj P Tov>iM ROR, il v yn i »*>) M U A TrttS've-G>cn" CJ\«D y SKMPL GOMG.. J r ASSOCIATED NEWSPAPERS LTD. IMI-IVM
      33 words

  • 412 32 Miyazawa denies change in stance amid conflicting signals Reuter, UPI TOKYO Japanese daily newspaper Asahi Shimbun has reported that the government has decided to accept General Agreement on Tariffs and Trade (Gatt) plans which would force Tokyo to open its
    Reuter,; UPI  -  412 words
  • 402 32 Reuter, AFP ROME France and Italy held talks yesterday on efforts to clinch a new world trade deal amid signs of growing Italian resistance to a United States-European Community farm pact that was supposed to unblock the negotiations. A statement issued by Italy's
    Reuter,; AFP  -  402 words
  • 241 32 TOKYO Japan must be cautious about enacting income tax cuts as a way to boost the economy because it would raise questions about tax revenues and the tax system, Minister of International Trade and Industry (Miti) Kozo Watanabe told a business leader.
    241 words
  • 354 32 Reuter TOKYO Japan's fractious opposition united yesterday to pressure former premier Noboru Takeshita into quitting Parliament in the wake of Sagawa scandal revelations that a gangland boss helped him win the top job in 1987. Opposition parties have demanded testimony by two new witnesses
    Reuter  -  354 words
  • 335 32 Reuter MOSCOW Russia's highest court ruled that President Boris Yeltsin had acted constitutionally when he banned the Communist Party's top bodies but said he had not acted legally in disbanding the party's local branches. Mr Yeltsin outlawed the once all-powerful Soviet Communist
    Reuter  -  335 words
  • 792 32  -  The Bottom Line SALIL TRIPATHI SALIL TRIPATHI The writer is a BT journalist JUST seven years ago over dinner at a campus cafeteria in a New England town, my American professor and his German wife were emphatic that Europe would never allow
    792 words
  • 162 32 AFP LONDON European Community ministers yesterday agreed on moves to stem an influx of refugees by cracking down on unfounded claims for asylum. Officials said the refugee problem topped the agenda for two days of talks among EC justice and interior
    AFP  -  162 words
  • 318 32 AFP BEIJING China is moving to revise its Constitution for the first time in 10 years in order to enshrine its shift to a market economy, an official newspaper said yesterday. An official symposium here last week of top legal scholars concluded
    AFP  -  318 words
  • 203 32 UPI BANGKOK The communist Khmer Rouge yesterday announced the establishment of a new political party through which it hopes to regain power through a United Nations-monitored election next May. A telefax transmission from the south-western Cambodian town of Pailin said the "National Unity
    UPI  -  203 words
  • Page 32 Advertisements
    • 167 32 C Singapore's most popular Nitsukom Key Telephone System V J BUftfl£ ft ft Y LOO ft 1 HHh'||s, Wr d f H I 35SJ a mm Hi Available exduiivdy: «INf APORE BuHmttti Main Shop 435 Orchard Road. •01-4t/<V+*. Wi»ma Atria. Singapore 0983. Tel: 7S37US. Th„j, Thtrr DAIMARU DFS Orchard HALLEVS
      167 words
    • 17 32 Analysis: LDFs reputation marred by the mob, Pg 13 Analysis: Lame duck or dead duck? Pg 13
      17 words
    • 18 32 SINGAPORE com GSj Distributor of the most sought after I Key Telephone System Tel: 278 7088 J I
      18 words

  • Shipping Times
    • 350 33  -  By Juliette Walker SINGAPORE Members of the Transpacific Westbound Rate Agreement (TWRA) will implement next month the first phase of com-modity-specific freight rate adjustments to enhance their 1993 revenues. In a statement from San Francisco, the rate-making group said that effective Jan
      350 words
    • 300 33 International Transport Journal BERNE The results recorded by Japan's three major shipping lines, Nippon Yusen Kaisha (NYK), Mitsui OSK Lines (MOL) and Kawasaki Risen Kaisha ('K' Line), for the first half of fiscal 1993 (April to September 1992) have been anything but gratifying. The continuing
      International Transport Journal  -  300 words
    • 142 33 SINGAPORE Fourteen ambassadors from the Asia-Pacific visited Bremen and Bremerhaven last month to gain first-hand information about the northern German economic region. Many new contacts to businesses in this area were made. Among the high points of the trip was a visit to the Port
      142 words
    • 864 33 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 Alpha Feeders 6 1 ANL 3 1/2 Asia Cont Lines 14 5 ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 9 4 Bait Orient Line 7 4/5 Bangladesh Shpg
      864 words
    • 246 33 AFP CAPE OF GOOD HOPE, South Africa A handful of demonstrators turned up at the southern tip of Africa on Sunday to protest the passing of a Japanese ship carrying a potentially lethal cargo of radioactive plutonium. Around 15 demonstrators from a group called
      AFP  -  246 words
    • 416 33  -  By Dexter Lee SINGAPORE Local marine and offshore equipment distributor Asian Mariner Pte Ltd has clinched a US$5OO,OOO (S$800,000) contract to supply a sophisticated oil skimmer to Vietnam. The buyer Vietsovpetro is a Vung Tau-based oil company, formed through a jointventure between
      416 words
    • 1736 34 While building new fleet and routes to cope with the expanding tourist industry Royal Nepal Airlines meets stiff competition from international carriers and domestic upstarts Aviation Week Space Technology Royal Nepal Airlines is boosting its international services and fleet in support of Nepal's major industry tourism.
      Aviation Week & Space Technology  -  1,736 words
    • LOG BOOK
      • 50 34 SINGAPORE The Port Operations Control Centre now has a new Singapore Telecom Direct Exchange Facsimile line, 224-5776, said the Port of Singapore Authority in a marine circular issued on Friday. It added that the existing line 321-2016 will continue to be in use.
        50 words
      • 112 34 HONGKONG China has approved a plan to build a superhighway between Beijing and Hongkong with South Korean help. Zhang Baifa, Beijing's vice mayor who is visiting Hongkong with a trade mission, told reporters the government had approved the plan for the highway and expressed hoped construction
        112 words
      • 72 34 HONGKONG A Chinese official has urged authorities to speed up the construction of a new airport in the southeastern tourist resort of Guilin, following the recent air crash there vfhich killed 141 people. Luo Gan, secretary general of the State Council (cabinet), was
        72 words
      • 114 34 TEHRAN KIA Motor Company of South Korea on Sunday signed an accord with Iran's Saipa to assemble 30,000 vehicles a year, ending 16 years of cooperation betj*een Iran and the French firm Renault, business sources said. Under the agreement, Saipa will already next year assemble
        114 words
      • 102 34 ABU DHABI The Dubai carrier Emirates has taken delivery of another Airbus and is planning to fly to South Africa, newspapers in the United Arab Emirates reported. The new Airbus, A-310-300ER, flew into the southern Gulf Emirate of Dubai late Saturday from Toulouse, France, bringing to
        102 words
      • 53 34 ISLAMABAD Pakistan chose French firm M/S Sofrerail (o carry out a pre-feasibility study for the construction of a high-speed train from the southern port of Karachi to the North West Frontier Province town of Peshawar. The report would give a rough cost estimate for
        53 words
    • 9399 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 at Penang after
      9,399 words
    • 3307 47 Container line NV: Belstn Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,307 words
    • 260 47 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airsvrift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Unk International Tel: 344-3377. Fax: 345-6450. Ouster Link Supplies A Services
      260 words
    • 1522 47 A hex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerotink Freight International Tel: 545-8033. Fax: *****05. Aerosoeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50.
      1,522 words
    • 3394 48 ALBANIA Dunes: 9 vessels in port of which 1 each discharging vegetables oil, meat, bagged sugar, bagged flour, chicken feed, 2 discharging general cargo; 1 each loading ferro chorme, chorme ore. ARGENTINA Buenos Aires: Port quite with several general cargo berths available. Sun Lorenza: 4 vessels in port
      3,394 words
    • 554 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Right Type ETD T To TOOAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK S1A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      554 words
    • 887 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Nichibu Mane 65,125 dwt and built 1984 Namura; inspectable Japan Nov 15-17 delivery Far East by arriving thereafter, try US$l4.5 million. Co-op Express V: 58,074 dwt and built 1983 Namura; en route Sepetiba Brazil eta Dec 1; owners seeking best outright
      887 words
    • 309 48 CRUISE FERRY SCHEDULES CRUISE SNIPS Arr Dt p Ntac of Vessel ETA ETD Ports of Calls Port Ageat Telephone No DECEMBER 01 02 Cora Princess 1600 1100 S-E-Asia Cruise Harpers Shpg 221-1388 02 02 Fantasy World 1000 1900 Sin-Jak Lauw Sons 227-8284 03 03 Cora Princess 0900 1800 S-E-Asia Cruise
      309 words
    • SHIPS IN PORT
      • 470 49 Had W» 9m* ktkd Dtpmiun immt fry W» Bartii fcrtwt Pipatot jurodf Port Rant Kencana 01/92* P04 alongside 30.11/1500 Agel 09/92 12/3 01.12/0700 Shwcheng 34 P07 alongsrfe 30.11/1200 Bayunshan 83/84 J7/8 alongside 01.12/1200 Tomoh 1 09/92 P04 along** 30.11/2200 Pinang Jaya 2/92 J3 alongside 01.12/1000 Zhong Fa
        470 words
      • 206 49 m Due on Dec 1: Bunga Setasih, Rosafie, Stott Sentosa, Ocean Elite, Johan, Barge Josmdo Satu, Barge Kuala Siak V. In the roads: Banglar Baani, lonian Sailer, Alam Tenteram, Shi Bao, You Qumg, Komsomolets Rossii, Nikea, Atom Part Tenant Malayan Success, Sin Fa, Hang Jun 4009, Merxkan Vega
        206 words
      • 1519 49 DELIVERY OF Fa IMPORT CONTAINERS IN PROGRESS Voy Ik CwteNn n*Mi Sjfc Hi w**te 'Jkutotor Goi 25-92W 29.11.92 0700 Hakata 9229G COO(EST) 30.11.92 1500 MacoRobusta 088A 29.11.92 0715 H| Jakarta 126 COD(EST) 29.11.92 1500 Sato Credit 048S8 29.11.92 0814 Ptrma I 30-130 COO(EST) 30.11.92 0700 Hannover E 11/347
        1,519 words
    • 714 50 BRY CARGO freight rate fuijires reversed direction on Friday following Thursday's declines and ended the session higher, with the spot BFI also fising again. Brokers said recent steadiness in the physical market was Maintained as rates for Panamax and Capesize runs refrained strong. In futures, the likelihood of
      714 words
    • 416 50 Slar 11-14, 1993: Japan World Resort and Cruise Fair '93, to lie held at Pacific Centre, Yokohama, Japan, organised by The Seatrade Organisation. For Qurther information contact Seatrade at 005-206-***** or tax 005-206-*****. Sep 27-29, 1993: Seatrade Tanker Industry Convention, 4> be held at Royal Lancaster Hotel in
      416 words
    • 415 52 Airline will meet creditors over the next few weeks Reuter CALGARY, Alberta PWA Corp, parent of cashstarved Canadian Airlines International, said it had temporarily stopped payments on major loans and leases while it tried to restructure its debts. Chairman Rhys Eyton said the airline
      Reuter  -  415 words
    • 278 52 AP JERUSALEM A modified Boeing 747-100 passenger jet flew almost at the speed of sound more than 100 kilometres per hour above its top cruising speed in a test last month, officials said last Sunday. While modern fighter jets are capable of reaching
      AP  -  278 words
    • 297 52 UPI FORT WORTH, Texas American Airlines plans to lay ofT between 500 and 1,000 managers, technical specialists and clerical workers, as the world's largest airline seeks routes to profitability, a report in the Fort Worth Star-Telegram said last Sunday. During the past decade,
      UPI  -  297 words
    • 109 52 Pratt Whitney's blast of power SINGAPORE Pratt Whitney's Advanced Ducted Prop (ADP) technology demonstrator has successfully completed a series of sea-level static tests at the company's West Beach in Florida facility. The demonstrator, based on a PW2OOO core, ran at full power of more than 24,000 kg of thrust and
      109 words
    • 815 52 ISTANBUL, Turkey Test pilot Richard Monnoyer eased forward the throttles, bringing the lumbering aircraft down Runway 36 of Istanbul's Ataturk airport. Forty seconds later the Airbus A 340 reached its takeoff speed of 138 knots (254 kph, 159 mph) for a surprisingly
      815 words
  • Page 33 Advertisements
    • 31 33 Allm m m AAMfIikAA r* Of ftili kll tUNi IM MvYicvs rvpniisiMi rnimfur Km Registry 11 Accreted SMmlm ionti, SinfiDOft Wittoail SMdplug Ast#datio«t, For advertising enquiries, contact Shipping Times: Tel 740-*****740-2090.
      31 words
    • 76 33 International Freight Forwarder EUROPE LCL FCL Services "*OOOOOOO M+R FORWARDING PTE LTD Royal Nepal Airlines on expansion path, Page 2 PWA stops payments on loans, leases, Back Page I shipping I if you have a a advert inside I airfreight J you shouldn't miss this A advert outside ID€DtCATED TO
      76 words

  • Page 34 Advertisements
    • 84 34 "olfl. Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the
      84 words

  • Page 35 Advertisements
    • 1837 35 rr 6 iiuvp) a ibvoumj wvvuiwvi m, mwwi OOCL (S) PTE LTD JARD4NE SHIPPING AGENCIES *****11 FAX: *****09 AlllF# BOOKINGS TEL: *****34 *****58/ *****40 ITfEBIII CFS (PSA F5) TEL: *****21/ *****79 P DGOQ9 H PESAKA JAR DINE SNIPPING AGENCIES SDN. BNO. LVMfi PORT KELANG TEL: *****18 FAX: *****91 *****88 PENANG
      1,837 words
    • 1319 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT I B3UASCA UNITED ARAB SHIPPING CO.fSAG>IH To USEmtComt mm, f "1 I I I "1 ftPMM* n VU ft/91 Ml nm m imam m ivu m m n vn en ft/ftJ vv h
      1,319 words
    • 1408 35 TWO SAILINGS TO USA LUNA MAERSK V.9214 ETA SIN 7/12/92 METTE MAERSK V.9302 ETA SIN 8/12/92 Vaaaal Voy ETA ETO Feeder by Sea Lart/Artee DESTINATIONS TN» M« w«t« mm>« »302 vi 2 (MOO hrs CFS 7/12 2350 MRS JOH LPK PEN OAK LOS MOU MEM ATI MIA CMS BAL PHL
      1,408 words

  • Page 36 Advertisements
    • 1267 36 > R'DAM/ ~~"~~~MBBMMB,— VOY NO SPORE JEDOAH SHAMTON H'BURQ ANT LE HARVE KURAMA 19/144 3/12 19/12 22/12 20/12 fcTttOMBOO'., FRANKFURT EXPRESS 65/3*B 5/12 15/12 23/12 28/12 26/12 ''^WMMfM LA SEINE 27/149 9/12 27/12 30/12 38/>2 f- .V&MmMmntßMm HOECHST EXPRESS 06/349 12/12 22/12 30/12 2/1 4/1 6/1 i, IIMMMp/WWili--. DANUBE 05/150
      1,267 words
    • 544 36 CZESB FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for al servtcee C.LS.-Vostochny, Vladivostok, Moacow, Taahkant, Kiev, Minsk, Riga, Baku North Korea Vietnam e Mongolia Hungary CBFR e Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA F—<kr Veeeef HHHI VILLE DE LA FONTAINE 03/12 ORIENTAL KNIGHT
      544 words
    • 1215 36 Blitaaaia am EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASED TO ANNOUNCE NEXT SAILING: H. COMMANDER VOY: 301W ETA SINGAPORE 08/12/92 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19 DAYS BENELUX ANTWERP 20 DAYS
      1,215 words

  • Page 37 Advertisements
    • 1787 37 H STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #1101 Keppel Towers Singapore 0208 Tal: *****98 Fax: *****17 ACCEPTS CARGO DUE SJULS fll 1 Jll '#{1 ILW MUMwJi'ii «ll]l]fl^^M STIUUTS STAR Viae Mux. LA KK 02-03 Dec 04 Dm 0C Dec I RAJAH BROOKE V2X Muara. lab OS »07 Dec
      1,787 words
    • 1944 37 SINGAPORE AGENT: PAO Containers (Singapore Agenciee) Pte Ltd I lY\ I I jOTII/tillers 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fax; 225 5327/222 7517 h :.r jQ'XJ w...„ voy FSS *P«a MM u mu w hot hah vcookl voy ami hot
      1,944 words

  • Page 38 Advertisements
    • 600 38 ueMmmi CR NBR **********0-D 1 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE Wl/YOY STOtt ROAM/ADAM HUITC BREMEN ANTWERP KMTAItAM/ 33H8 13/12 15/1 20/1 25/1 21/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to lnduc*m«nt. Also accepting cargo to C«Mbl«nc», Port Swd, Port Alexandra, Oanoa, Triaata. ALSO ACCEPTING CONVENTIONAL CARGO VIA T/S
      600 words
    • 1422 38 OHANJIN SHIPPING FDR VSL I SM lUK HAUL SEA VC* FW VS. SM IIM HAUL SA* IM HYC HAfUM CHEJU OI9E 7/12 H MASAN 075E 30/12 1/1 HAMM OCJU OI9E 7/12 H AMEJMCA OOtt 14/1 15/1 17/1 HUmMTOWMff 14/12 U MS* 1* J/1 10/1 HI KWANSYANE 09CE 14/12 K KOK
      1,422 words
    • 1229 38 d-1 rl"n"3"3"^Mfc InascriscMWuens hit on nsy smz do uu cm u rtcun mum imc psd cm m. ssr I C somen K 037 2/12 2/12 7/U 9/Ull/12 14/12 15/1217/1211/1219/12 21/12 1/1 U/l 15/1 19/1 21/1 27/1 21/1 29/1 M/l »/2 U/2 21/2 24/2 U SUBI MISA 1/12 9/12 14/12 19/12
      1,229 words

  • Page 39 Advertisements
    • 1467 39 SCX: 'NEPTUNE AMBER 09E' ETA S6P 02/12/92 I] II ARRIVING LOS ANGELES 20/12/92 IN 17 DAYS. Il I] "37 11 AEX; NEPTUNE AGATE 07E' ETA SGP 00/12/92 II ARRIVING NEW YORK 28/12/92 IN 22 DAYS, M 11/ KUDU VBL VOT SGP MOTHER VBL VOT SET PLD MIN' VESSEL VOY SGP
      1,467 words
    • 997 39 SINSOV SINGAPORE SOVIET SUPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRES: *****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 |bu— tmammm TKAnyrtp w ronapwi
      997 words

  • Page 40 Advertisements
    • 1531 40 K 44 W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W V A TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/^9 I I |\l MALAYSIA: *K" LME MARTTIME (MALAYSIA) 80N BHD w Mm wk* M*J JL MmJ TELSASSO24OO PK*****01/5 PENANG632O2O J*****01 mmm KAWASAKI KISEN KAISHA, LTD Indonesia:
      1,531 words
    • 1035 40 PHI LI on If NT LINGS PT€ LTP 4"* Y" 108 Robinson Road #07-00 GMG Building Singapofe 0106 1 Tel: *****22/*****09/*****00 Telex: RS ***** Fax: *****76/*****38 BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 1 DEC AUCKLAND. WELLINGTON. LYTTLFTON,
      1,035 words

  • Page 41 Advertisements
    • 1087 41 agggPff PACIFIC INTERNATIONAL LINES (PTE) LTD M■■ 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E VCBBSL VOY SM JUT SM HAM BAY mm J/ 12 4/12 l/tl EQUATOR HAWK 71N 2/12 5/12 »/12 KWU7N «3 1/12 11/12 15/12 COtJATOR CHYBTAL 11IN 2/12 5/12 8/12 8«
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  • Page 44 Advertisements
    • 2377 44 Conventional Semi-Container Full Container Liner Services Liner Services *iwts: Mnma'i iim* U ttefrtete CwralilfMtc Mtetete Ca» tea Steto Mte CtefCUmSte*S*te M. Ote ten tatete te«te nc* Fuag Shipping t sww, r™** imm—dm Cost* Storing Pit Ltd M* tate cm. t* aw 58 Aersiaran Rap Muda Musa lot 3.34, 3rd floor,
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  • Page 45 Advertisements
    • 556 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LMASSOL/PBEAUS 2/12 ROTTERDAM 2/12 HAIFA/ASHDOD/ALEXANDRIA 2/12 HAMBURG/BREMEN 2/12 MARSEILLE/FRANCE 2/12 FELIXSTOWE/UK 2/12 BARCaONA/SPAH 2/12 LEHAVRE/ANTWERP 2/12 GENOA/ITALY 2/12 GOTHENBURG/SCANDINAVIA 2/12 LOS ANGELES/WC/IPI 2/12 SYDNEY/MELBOURNE 2/12 NEW YORK/EC 2/12 FREMANTLE/ADELAPE 2/12 VANCOUVER 2/12 BRISBANE 10/12
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  • Page 46 Advertisements
    • 1219 46 labmac-nels groupage I IPENANCL (04) *****6 SIBU: (084) *****9 KUCHINQ: (082) *****3 x P.KELANQ: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PU SM PEN P* SIN 2/12 3/12 4/12 Honi Konf Lifci/Ri/lldm/Ant/LHV 3/12 4/12 5/12 6/12 7/12 8/12 Hong Konf G'buri/CTuftn/STKrfm/Oilo 6/12 7/12 8/12
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    • 240 46 JS* BLUE STAR LINEj SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS m ML Iff Ml nam 21s 3/12 12/12 14/12 30/12 MULBERA 30S 16/12 21/12 N/12 16/1 MOT STM MS 25/12 6/1 1/1 25/1 FULLY CONTAINERISED BAILINOS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING PCL L LCL FOR NEW PLYMOUTH,
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  • Page 48 Advertisements
    • 107 48 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice. f profiles of leading managers in Singapore and 1 1 relevant book reviews. W f) ENTERPRISE MANAGEMENT, in V Business Times every Monday, is must V— reading for managers who want the
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  • Page 49 Advertisements
    • 38 49 lree ears JOB. ANY career. AVAILABLE ANY DAY. Any Time, anywhere. the straits Times The Sunday times business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN M.N DAILY NEWS BER.TA HARIAN BERITA M.NGGU «r Singapore Press HoMings
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  • Page 50 Advertisements
    • 285 50 YOUR ADVERTISING DOUAR WITH ■BRSbfeONLY $71 NORTH PHILIPPINES FULL CONTAINER SERV CE vresa voyage smgapoke mahea iniM(CfWI VIGOUR LUZON 61® A/12/92 12/12/92 FIDAY AND MONDAY VIGOUR LUZON 6ANB 7/12/92 12/12/82 VIGOUR SINGAPORE 42N8 H/12/92 16/12/92 VIGOUR SINGAPORE 42AHB 14/12/92 16/12/92 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE PORT KLANG
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  • Page 50 Miscellaneous
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  • Page 51 Advertisements
    • 719 51 ▲HYUNDAI M ERCH ANTM ARINECO. JLTP. EFFECTIVE BTH DEC 1992 HMM TRANSPACIFIC SERVICE Singapore to Long Beach will be 18 Days TO: PERSIAN GULF M K PCN L MSI A MOO DISCHARGING AT FO 'pU?SSIP OB lOLCOS GARNET SLD SLD SLD SLD DXB, DMM, KWT MfiflffTS MARITIME VICTORY SLD SLD
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  • Page 52 Advertisements
    • 273 52 Every Saturday in Business Times Someone dose has beenlving Your son in Canada is studying for some years, overseas? You've given up ■111 And you BpwpUjl want him Hie Straits Times close to home Weekly tells it bettei -with news (Hemght from home. comeback after reading ail the good news.)
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    • 7 52 INVESTMENT 1 Every Saturday in Business Times
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