The Business Times, 23 September 1993

Total Pages: 58
1 58 The Business Times
  • 14 1 Business Times W E KHOW ASIA MITA (P) 552/12/92 fhursday September 23 1993 75*
    14 words
  • 2am LATEST
    • 71 1 UK unions reject pay strike for now Reuter LONDON Unions representing 5.5 million British public sector workers arc to organise protests against a gov-ernment-imposed pay ceiling, but they backed away from immediate strike action at a meeting last night. The government has said pay increases in fiscal 1994/95 from next
      Reuter  -  71 words
    • 67 1 AFP BRUSSELS The European Community has proposed spending US$l43 million (SS22B million) on a new fiveyear programme to fight "social exclusion" and poverty. The programme aims to counter the effects of rising unemployment. The EC says 52 million people in its countries 15 per
      AFP  -  67 words
  • Article, Illustration
    110 1 Stock market indices Wednesday Change STII 1,969.97 -25.77 KLSE Composite 819.33 +0.70 Nikkei 20.174.62 -292.03 Hang Seng 7,478.90 -16.41 SET Index 977.75 -14.83 Jakarta Composite ...427.76 -2.81 CLSA China B 1.019.53 -14.52 Aust All Ord 1.919.3 -5.9 FTSE 100 3,007.5 +5.9 Wednesday Previous Ipm close Dow Jones 3.531.09
    110 words
  • 569 1 Reuter, AFP, AP MOSCOW Russian President Boris Yeltsin appeared to gain the upper hand yesterday against a rival administration after the Russian military joined Western nations in backing him. A confident Mr Yeltsin declared himself in firm charge and ruled out force to beat
    Reuter,; AFP,; AP  -  569 words
  • 187 1 SINGAPORE The political crisis in Russia saw the US dollar soar to a high of 1.6480 Deutschcmarks in New York yesterday, but it sagged on European exchanges after calmer heads in Europe seized profits. The dollar came down to around 1.63
    187 words
  • 614 1  -  But London's rally should cheer investors in the region By R Sivanithy SINGAPORE The political crisis in Russia wreaked havoc on a number of stock markets in the region yesterday, with the Singapore market hit particularly badly as nervous investors dumped their shares
    614 words
  • 43 1 AFP NEW YORK Wmll Street stocks edged up six points yesterday. At 11am. the Dow Jones index of 30 leading industrials, the market's key barometer, climbed 6.15 points to 3,543.39 in active trading with some 90 million shares changing hands. AFP
    AFP  -  43 words
  • 403 1 Reuter GUANGZHOU Chinese investors reacted coolly to a stock issue by five companies in the southern city of Guangzhou yesterday, amid signs that the stock fever which once provoked riots and mayhem was waning. Offices selling application forms for shares were quiet on
    Reuter  -  403 words
  • 225 1 AFP KUALA LUMPUR A former Malaysian beauty queen was fined M 5400,000 (*****.000) yesterday in a widening dragnet on the biggest. share scandal to hit the Kuala Lumpur Stock Exchange (KLSE). Zubaidah Bunyamin (right), who used to work as a junior rcmisicr before
    AFP  -  225 words
  • 76 1 AP, Reuter MONTE CARLO China was the clcar front-runner entering today's voting for the right to host the 2000 Olympics, officials and bookmakers declared yesterday. The Chinese "are certainly front-runners," said Dick Pound, an International Olym- pic Committee executive board member from Canada. "I
    AP,; Reuter  -  76 words
  • 471 1  -  By Magdalene Ng SINGAPORE The Stock Exchange of Singapore yesterday warned investors to exercise caution and to seek legal advice before authorising remisiers and dealers to collect share scrip on their behalf. The SES was responding to queries from the press about
    Source: SES  -  471 words
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    • 34 1 Hock Lock Siew: pg 9 Tell-tale signs are useful ANALYSIS, Page 35 It's do or die for Yeltsin Another round for the feisty fighter Clinton bets on Yeltsin BACK PAGE Nightmare for armed forces
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 347 2  -  By Chuang Peck Ming EXPATRIATES' cost of living in April rose 4.2 per cent over the same month last year, says the latest Expatriate Consumer Price Index (EPCI) compiled by the Singapore International Chamber of Commerce (SICC). The increase was almost the same as that
        Source S'pore Int'l Chamber of Commerce and Dept of Statistics  -  347 words
    • 423 2  -  By Joyce Quek SINGAPORE Telecom's strong financial performance was due to investments and strategics initiated some time ago in its pursuit of consistent growth over the medium- and long-term. Investments in mobile communications, for instance, had made it the fastest growing area of
      423 words
    • 288 2  -  By Genevieve Cua CONSTRUCTION and supply tenders for the Environment Ministry's $1 billion landfill project off Pulau Semakau will be called in the second quarter of next year. The dumping ground will cover 350 hectares and will be able to take
      288 words
    • 279 2 DISK-DRIVE maker Maxtor Corp of California, whose only drive-making plant is in Singapore, has secured a US$76 million (S$ 122 million) revolving line of credit just days after Hyundai Electronics Industries of South Korea paid US$l5O million for a 40 per cent stake in
      279 words
    • NEWS ROUNDUP
      • 54 2 WEE KIM WEE, who stepped down last month after eight years as President, will be conferred the Order of Temasek (First Class) by the government for his distinguished service to Singapore. The investiture will take place on Nov 3, a statement from the Prime
        54 words
      • 67 2 THE Public Works Department and the Housing Development Board received their CIDB-Sisir ISO 9000 certification yesterday, becoming the first public sector bodies to do so. The certification, which is awarded to construction companies for maintaining high standards in their work, was also awarded to
        67 words
      • 107 2 IN OUR STORY of Sep 21 headlined "SPH to invest $240 million in new presses to meet growth", we erred in saying that Rockwell Graphic Systems would supply the new presses as well as the materials handling and delivery equipment. Rockwell will supply only the new presses.
        107 words
  • Page 2 Advertisements
    • 219 2 O OMEGA The sign of excellence. THE CROWN PRINCE 4 k m *•••*> Whether in Singapore or Fenang, most business travellers prefer the central location and value of a Crown Prince Hotel. In business, it always pays to be in the right place at the right time. Which is why
      219 words
    • 285 2 UPDATE ON ASIA'S SUPERMARKET INDUSTRY f fc2 -25 Sept '93,11 am daily IWNLExhibition Centra, Level 5 Admission lor trade and professionals only j 3 Asia Supermarket '93 is the exhibition merchandise and services for the Supermarket industry. Get that edge over your competitors from leaders arxl of titeraational organisations at
      285 words

  • THE REGION
    • 340 3 Major's visit to Malaysia AFP Reuter KUALA LUMPUR Malaysia. finally burying its "Buy British Last" policy of a decade ago, yesterday awarded contracts worth at least £1 billion (552.4 billion) to British firms. Much of the new business, announced during
      AFP; Reuter; Bernama  -  340 words
    • 232 3 Bernama KUALA LUMPUR Leading British firm Trafalgar House Corporate Development Ltd announced that it had concluded several deals with several Malaysian companies yesterday. The company said it entered into the MS43I million (SS27O million) contract for the design and construction of a gas-fired
      Bernama  -  232 words
    • 422 3 Reuter JAKARTA Indonesia faccs a possible bad debt explosion if the government fails to take swift action with a clear policy, bankers and economists said. "If there is no action soon the bad debt problem may get out of hand in
      Reuter  -  422 words
    • 343 3  -  By Harish Mehta SINGAPORE Vietnam plans to build ethnic holiday villages and cultural resorts as part of a new policy to preserve its history and environment. The country's environment, ravaged by chemical weapons and defoliants during the Vietnam War, now
      343 words
    • 255 3  -  From Al Labita in MANILA MANILA Philippine monetary authorities have lifted some more curbs on foreign exchange transactions to ease foreign capital inflow and facilitate the import-export trade. Under the new rules of the Bangko Sentral ng Pilipinas (BSP), prior BSP
      255 words
    • ASIA NOTES
      • 109 4 Reuter TOKYO US and Japanese defence officials opened (alio yesterday on a project to set up a joint Theatre Missile Defence (TMD) system to protect Japan from a possible North Korean nuclear threat. "We believe the current North Korean capability in tactical ballistic missiles and
        Reuter  -  109 words
      • 95 4 AFP HONGKONG A preliminary report has been released on two devastating chemical explosions in a warehouse compound in Shenzhen last month. Officials in the southern C hinese city said yesterday that the preliminary report on the blast, which killed 16 according to the official
        AFP  -  95 words
      • 37 4 AFP KEELUNG, Taiwan People in this mountainous area of Taiwan lining up for water delivered by a truck yesterday. The countrv is in the midst of its worst drought in 39 years. AFP
        AFP  -  37 words
      • 52 4 Reuter SEOUL South Korea will apply to become a non-permanent member of the United Nations Security Council from 1996 to 1997. Foreign Minister Han Sung Joo said yesterday that he would declare the bid in his speech to the UN General Assembly on Sep
        Reuter  -  52 words
      • 90 4 Reuter TOKYO The president of a powerful Japanese business group says he wants the yen to fall against the dollar and that Japanese manufacturers need to restructure their businesses to cope with a yen as strong as it is now. "I want the dollar,
        Reuter  -  90 words
      • 72 4 Reuter BRISBANE Industry groups representing businesses in Australia and Indonesia yesterday agreed to foster stronger business ties between the two nations. The Queensland Confederation ol Industry and Indonesia's Central Java Chamber ol Commerce and Industry signed an agreement in Brisbane pledging to help businesses improve access to
        Reuter  -  72 words
    • 307 4 AFP HONGKONG Corruption is creeping back into Hongkong society and threatens to "ruin" the colony as it reverts to Chinese sovereignty in 1997. Governor Chris Patten told foreign bankers yesterday that new measures to battle corruption including closer cooperation with Chinese law enforcers would
      AFP  -  307 words
    • 543 4 Reuter BLUING Minimum wage schemes in south China are to be expanded nationwide to redress growing wage gaps, the official China Daily said yesterday. The Labour Ministry and State Planning Commission were drafting laws setting national wage standards for workers. it said. Details of
      Reuter  -  543 words
    • 293 4 AFP BEIJING Defence Minister Chi Haotian has warned China's army against acting independently of the Communist Party and called for increasing political oversight. Press reports yesterday said that Mr Chi issued the warning during a tour of China's northeastern Liaoning province,
      AFP  -  293 words
    • 74 4 AFP NEW DELHI Two men cycling towards 18-year-old Ram Narayan Vishnu Bhagat Sadhu Mandal as he rolls along the ancient Grand Trunk road about lOOkms north of New Delhi. Mandal is on an unusual and arduous journey. The >oung devotee intends to roll the whole
      AFP  -  74 words
    • 327 4  -  From Stephen Vines in HONGKONG THE United States has backed Hongkong Governor Chris Patten's plans for democratic reform just days before another round of Sino-British talks. The US Consul General in Hongkong. Richard Mueller, told an American Chamber of Commerce meeting
      327 words
    • 436 4 AFP I SEOUL North Korea is still I far from from developing nuclear weapons and may be bluffing the international community to win concessions, the Russian Atomic Energy Minis- try has reportedly told South Korea. The Juongang Daily here yesterday quoted a
      AFP  -  436 words
    • 275 4 Reuter TAIPEI Taiwan's allies in the United Nations have decided to delay an initiative to have the island rejoin the world body, believing it would by blocked by China. Taiwanese media said yesterday. Seven Central American countries had originally planned
      Reuter  -  275 words
    • 630 5 Reuter TOKYO The Minister of International Trade and Industry Hiroshi Kumagai thinks Japan needs reforms as radical as those of the Meiji era, when the closed, feudal nation first opened up to the West. "We need radical economic reform now," Mr Kumagai told
      Reuter  -  630 words
    • 38 5 Renter THURLES, Ireland Irish schoolchildren waving Australian and Irish flags to welcome Australian Prime Minister Paul Keating and his wife during a visit to Mr Keating's ancestral home in Thurles on Tuesday Renter
      Renter  -  38 words
    • 161 5 Bloomberg Business News CANBERRA Australian Treasurer John Dawkins, in an effort to get the stalled federal budget through the Senate, says the government will split up its omnibus tax Bill in an effort to waylay concerns about its constitutionality. The action followed a Senate
      Bloomberg Business News  -  161 words
    • 365 5 Bloomberg Business News NEW YORK US Treasury Secretary Lloyd Bentsen is "delighted" with the steps Japan has taken so far to stimulate its economy. "I'm delighted by what they did. We look forward to them doing more," Mr Bentsen said yesterday at a dinner
      Bloomberg Business News  -  365 words
    • 278 5 Reuter TOKYO Japan's economic policymakers are likely to claim that they have already put their best cards on the table to pull the economy out of its worst recession in decades when the Group of Seven (G-7) countries meet in Washington on
      Reuter  -  278 words
    • 168 5 Reuter WELLINGTON The New Zealand government's financial deficit for the year to June 1993 was NZ$l.B2 billion (SSI.6 billion). The government originally forecast a NZS3.3 billion deficit for *****93 when it released its 1992 budget Economists had forecast an outcome for 1992/93 of NZS2-52.3
      Reuter  -  168 words
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  • Page 4 Advertisements
    • 251 4 S ?hr ty MBA 12th Intake November 1993 Distance Teaching in Singapore contemporary management philosophy of the 1990s FIRST to introduce Investment Portfolio Management and Programme Structure and Contents (New) Project Management as core modules 1 Hull MBA is a highly innovative twenty-one month postgraduate FIRST to develop Entrepreneurship as
      251 words

  • Page 5 Advertisements
    • 123 5 SOON, SIA CARGO WILL FURTHER INCREASE ITS STRENGTH AROUND THE WORLD. ISTANBUL MOSCOW JOHANNESBURG SAN FRANCISCO NEW DELHI SIA Cargo will soon be even stronger. Already, our passenger and freighter services offer a total cargo capacity of 70 million tonne kilometres every week to 70 cities in 41 countries across
      123 words

  • REGIONAL FOCUS
    • 1042 6  -  Run-up to Umno polls Reports by Karim Raslan in KUALA LUMPUR ANWAR IBRAHIM, Malaysia's Minister of Financc, has been a very busy man. In the past month alone, he visited many states in a gruelling tour of Umno divisions, meeting with key decision takers
      1,042 words
    • 785 6 NOVEMBER will be a busy month in Malaysian politics, both internationally and domestically. With the Asia Pacific Economic Cooperation (or Apec) heads of government summit in Seattle slated for the month, the country's diplomatic and trade officials remain adamant in their opposition
      785 words
  • Page 6 Advertisements
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      385 words

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  • THE WORLD
    • WORLD WATCH
      • 100 8 Reuter BONN Germany must see booming Asia as a challenge and opportunity for its firms rather than an economic threat. Foreign Minister Klaus Kinkel said yesterday. Presenting a special study on Asia to the Bonn cabinet. Mr Kinkel said Germany must pay more attention
        Reuter  -  100 words
      • 47 8 Reuter BELGRADE Refugees from Croatia and Bosnia, who have found shelter in the Yugoslav capital, scrambling for free food distributed by Serbian Red Cross on Tuesday. Yugoslavia suffers from serious shortage of basic food products caused by international sanctions and crippling inflation. Reutcr
        Reuter  -  47 words
      • 109 8 Reuter ROME State prosecutors warned former Socialist prime minister Bettino Craxi on Tuesday he is under investigation for suspected corruption over the distribution of Italian overseas aid. GR2 state radio said. Craxi is suspected of having received money from several Italian companies in connection
        Reuter  -  109 words
      • 72 8 Reuter LONDON The British government said on Tuesday it planned to stop funding the Commonwealth Institute, threatening the future of one of the best-known symbols of Britain's ties to its former colonies. The Foreign Office said it could not afford to refurbish the institute's
        Reuter  -  72 words
    • 224 8 Reuter WASHINGTON US Trade Representative Mickey Kantor on Tuesday rejected European Community calls for fine-tun-ing the US-EC farm trade accord that France has threatened to veto. "We will not reopen the Blair House agreement either directly or indirectly," Mr Kantor said
      Reuter  -  224 words
    • 314 8 NYT WASHINGTON President Bill Clinton's national security adviser has presented the first outline of the administration's foreign policy vision. The adviser, Anthony Lake, said yesterday the vision aimed to replace the Cold War policy to contain the Soviet threat with a policy to enlarge the
      NYT  -  314 words
    • 649 8 Signs of stronger recovery next year remain tentative, says report AFP WASHINGTON The world economy should continue to grow gradually but signs of recovery remain tentative, the International Monetary Fund (IMF) said in its World Economic Outlook report released yesterday. Economic performance in
      AFP  -  649 words
    • 402 8 AFP BEIJING Palestine Liberation Organisation (PLO) chairman Yasser Arafat hopes the International Olympic Committee selects Beijing to host the 2000 Olympic Games. "I hope Beijing gets it," Mr Arafat told reporters yesterday after a 90-minute meeting with China's President Jiang Zemin. Mr
      AFP; Reuter  -  402 words
    • 421 8 Reuter BRUSSELS The European Community's search for ways to revitalise its sagging economy has stimulated dreams of a super-computerised Europe whizzing voice, data and pictures across borders on high-speed telecommunications networks. Just as US President Bill Clinton has proposed a major
      Reuter  -  421 words
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      75 words

  • COMPANIES & MARKETS
    • 485 9  -  By Yong Pow Ang SINGAPORE HTP Holdings will be a China-concept stock, with its new major shareholder, state-owned China Everbright, planning to use it as a vehicle to tap the country's vast domestic market and human and natural resources. China
      485 words
    • 637 9  -  By Soh Tiang Keng SINGAPORE RMCA Reinsurance, which suffered huge losses from major storms and hurricanes during the past few years, has unveiled a major plan to avert insolvency and settle its debts in five years. It
      637 words
    • 256 9 SINGAPORE Scsdaq-listed Goldtron Ltd is setting up two joint-venture companies with China's Beijing AG-Develop-ment/Trading Corp to undertake countertrade in China. Russia and Eastern Europe. Goldtron said in an announcement yesterday that it had signed a letter of intent with the state-owned Chinese company yesterday.
      256 words
    • 601 9  - How to tell where the market is heading without going to the charts HOCK LOCK SIEW By Joyce Quek SINGAPORE Tell-tale signs arc useful. Most people don't pay much attention to them but should. They can. in fact, be most helpful to those who want to know which way the
      601 words
    • 507 9  -  By Schutz Lee SINGAPORE A Hong-kong-based company intends to list its local construction arm on the Singapore stock exchange. The managing director of Sung Foo Kee Construction (Singapore). Fan Chun Wah. says a listing will be sought within 12 months to
      507 words
    • 175 9 Bernama KUALA LUMPUR UMW Holdings Bhd signed yesterday a memorandum of understanding with Dennis Specialist Vehicles Ltd of the United Kingdom to manufacture buses and coaches in Malaysia. Under the joint-venture project, which was expected to cost MS 100 million (Ss63 million), a
      Bernama  -  175 words
    • Article, Illustration
      325 9 Source: Bridge Info Performance of STll's Index stocks Sep 22 Last Sum lairx Stock ult Ckfr factor —vers (1) Avimo 1900 -0 040 1.37 2.20 CAC 7 250 -0.200 5.2J 11.02 Cerebos 6.000 4.32 FAN 14 600 -0.300 10.52 16.53 GF Asia 2.930 -0.010 2.11 0.55 (JenMag 0990 -0010
      Source: Bridge Info  -  325 words
    • COMPANIES
      • COMPANY BRIEFS
        • 63 10 Reuter HANOI State-owned Vietnam TV and the Australian-owned Vietnam Investment Review (VIR) weekly plan to start Vietnam's first pay-TV channel soon. The agreement has yet to be approved by the prime minister's ofilcc. Initial investment will be US$2 million (553.19 million), and the launch is planned
          Reuter  -  63 words
        • 44 10 Reuter HONGKONG Jardine Strategic Holdings Ltd, the investment arm of Hongkong's trading giant Jardine Mathcson Holdings Ltd, announced yesterday a 10 per cent rise in net profits for the six months to June to US$2l.3 million (5533.9 million). Reuter
          Reuter  -  44 words
        • 47 10 SINGAPORE IGB Corporation starts trading with two separate quotations on Clob International today. Shares which are entitled to the latest interim dividend will be quoted as IGB Corporation Berhad. Those not entitled to the dividend will be quoted as IGB Corporation A.
          47 words
        • 38 10 SINGAPORE Intraco Ltd has received approval from the Stock Exchange of Singapore for its bonus share issue. The company has proposed a one-for-four issue which will create up to 19.3 million new shares.
          38 words
        • 22 10 SINGAPORE Shareholders of OCBC Bank yesterday approved the bank's proposed one-for-six bonus issue at its extraordinary general meeting.
          22 words
        • 75 10 Bernama KUALA LUMPUR Petronas and Genting Sanycn Power Sdn Bhd (GSP), a subsidiary of Genting Sanyen Malaysia Sdn Bhd, has signed a 21-year agreement for the supply of dry gas to GSP's 720 megawatts combined cycle power station being built in Kuala Langat, Selangor.
          Bernama  -  75 words
      • 1009 10 Payment Ex Books Pay date close date Acma I 7.5 Sep 22 Oct 4 Oct 18 ABN-Amro I 29 Aug 31 Sep 8 Sep 25 Alex Hldgs 50* b 6 Aug 31 Sep 6 Sep 28 AMDB 50* b 3 Sep 14 Sep 28 Oct 27 BMT $10
        1,009 words
      • 467 10 UNIT TRUSTS FUNDS Mwyn prion Sep 23 Insurance Fund J f Income Bond Polio 3.62 3.76 vnn ini9% f» The Commerce 1.48 1.55 nTMWfltial The Savings Fund 1.39 1.46 PruLink Mgd Fund 1.24 130 S pore Prog Fund 0.61 0.64id BflADA P t S pore Sec Fund 092 0.97 PHUWDUmipUira
        467 words
      • 300 10 Reuter JAKARTA Indonesia's biggest paper and pulp manufacturer, Indah Kiat, is being investigated for suspected illegal logging in tropical rain forests, a forestry ministry ofTicial said yesterday. "A team is now analysing to what extent Indah Kiat may have made violations. If there
        Reuter  -  300 words
      • 205 10 AFP TAIPEI Taiwanese food giant President Enterprises Corp will boost its presence in China by teaming up with US beer maker Budweiser to build a beer brewery there, company officials said yesterday. President has decided to cooperate with Budweiser in the
        AFP  -  205 words
      • 332 10  -  From Al Labita in MANILA WISE COMPANY, the Manila subsidiary of the Jakartabased Dharmala Group, will focus on the growth areas of direct marketing and investment banking, company officials said. The firm recently set up the Network Marketing Corp of Asia (Netcorp) to
        332 words
      • 253 10  -  From Al Labita in MANILA MANILA The newly formed consortium of six Fili-pino-Chinese taipans plans to tap foreign banks to help finance the construction of a new Manila international airport, a banker told BT on T ucsday. Asia's Emerging Dragon Corp
        253 words
      • 334 10 Reuter SYDNEY A consortium of eight of the world's leading mining and metals companies has entered into an agreement with Sydney-based Intec Pty Ltd to commercialise Intec's hydromctallurgical copper extraction process. Intec managing director Peter Everett told a news conference yesterday that the technology
        Reuter  -  334 words
      • 204 10 Reuter HONGKONG Wharf Cable Ltd. Hongkong's new cable television network, starts operation in 40 days and expects to have around 60,000 subscribers by the end of the year, said Stephen Ng. deputy chairman and managing director. He told journalists on Tuesday that 300.000 homes in
        Reuter  -  204 words
      • 75 10 TOKYO An employee at major copier-maker Richo demonstrates a new anti-forgery device able to discriminate banknotes created with colour copiers in three seconds. A questionable bill is placed between a table device and round holder which melt the type of coloured resin powder popularly used on
        75 words
      • 313 10  -  By Nirmal Ghosh SINGAPORE Indian tycoon S K Birla, chairman of Calcutta-based Chloride Industries India, appears to have lost a round this week in the mounting battle for control of the company. BT understands that India's Supreme Court on Tuesday reversed
        313 words
      • 253 11 Reutcr NEW YORK International Business Maehines has jumped ahead of its two main rivals in the workstation wars with the launch of several additions to its RS/6000 line, including one with supercomputing tyIBM also introduced a workstation designed around its long-awaited PowerPC processor at
        Reutcr  -  253 words
      • 246 11 Reuter NEW YORK The battle to acquire Paramount Communications Inc is just beginning and it is too soon to pick a winner. Wall Street analysts and arbitragers said. "It's probably too early to pick a winner." said Edward Hatch, analyst at
        Reuter  -  246 words
      • 189 11 Reuter HOUSTON Compaq Computer Corp and Novell Inc have formed an alliance to speed the development and availability of Novell's NetWare networking product for Compaq-based multiprocessing servers. Servers are systems that store data and manage files of computers linked together on a
        Reuter  -  189 words
      • 227 11 AP TOKYO Three more major Japanese manufacturers, struggling with weak demand and a surging yen, announced production cutbacks or job reductions yesterday in the latest bad news for Japan's economy. Victor Co of Japan (JVC), a large audio-video maker, said it now
        AP  -  227 words
      • COMPANY BRIEFS
        • 69 11 Reuter SEOUL South Korea's Samsung Electronics Co Ltd. an affiliate of the Samsung Group, said it had won a US$l6O million (*****.4 million) order from Go-Video lAC of the United States to supply 300.000 double-deck video units. "These arc scheduled to be delivered in early
          Reuter  -  69 words
        • 98 11 Reuter NEW YORK Sun Microsystems Inc said it introduced what it calls the industry's most powerful network power server, called the SPARCclustcr I system. This system provides 51 per cent more performance and twice the networking connectivity as its nearest competitor, which Sun said is
          Reuter  -  98 words
        • 88 11 Reuter TORONTO Mitel Corp said a distribution agreement has been signed between its unit. Mitel Telecommunications System Inc and Spectra Link Corp to provide Mitel customers with a wireless communications solution. The deal includes Spectra ink's pocket communications systems, PCS 200 and PCS 2000, which
          Reuter  -  88 words
        • 74 11 Bloomberg Business News DUSSELDORF German diversified energy group Vcba AG said it is "conceivable" that it may follow in the footsteps of Daimler-Benz AG and be listed on the New York Stock Exchange (NYSE) by the end of 1994 or beginning of 1995, the
          Bloomberg Business News  -  74 words
        • 112 11 UPI HOUSTON Swift Energy Co said on Tuesday it would assist in the development of oil and natural gas reserves in the western Siberian region of Russia. The Houston-based company has signed a participation agreement with Senega, a Russian federation joint stock company,
          UPI  -  112 words
    • FINANCE & COMMODITIES
      • 437 12  -  From Florence Chong in SYDNEY INTERNATIONAL and Asian banking groups are set to pay a premium for the Asian retail operations of Westpac Bank and its finance business. Australian Guarantee Corporation (AGC). There have been 50 expressions of interest in the Thai operation
        437 words
      • 407 12 Reuter LONDON International fund managers are getting edgy about the sustained rallies in both bond and equity markets in Europe but most are prepared to hold present market positions into the last quarter of 199 J. A survey of 15 investment houses and
        Reuter  -  407 words
      • 412 12 Reuter TOKYO Slower-than-ex-pected business in Tokyo's stock market has plagued Japan's securities industry, forcing three of the Big Four securities houses and most second-tier brokers to cut parent earnings forecasts for the fiscal half year to Sep 30. Nonetheless, three big brokers Nomura Securities Co
        Reuter  -  412 words
      • SMALL CHANGE
        • 137 12 Knight-Riddcr TOKYO Dow Chemical Co of the US has just launched a 20-billion-ycn 5-year Samurai bond via Nomura Securities. Dai-I-chi Kangyo Bank will be chief commissioned company for the bond. The Dow Chemical bond carries a coupon of 4 per cent. The bond is offered
          Knight-Riddcr  -  137 words
        • 67 12 Reuter SEOUL South Korea's Citizens Investment Trust and Management Co Ltd (CITMC) said it was setting up a US$5O million (5580.5 million) trust to invest in Seoul's bond and stock markets on behalf of foreign investors. A CITMC official said 60 per cent of
          Reuter  -  67 words
        • 123 12 Reuter NEW YORK Empire Blue Cross and Blue Shield said that the results of an internal inquiry show the company filed false information with the New York State Insurance Department for years. The announcement amounted to an official admission by the company that allegations
          Reuter  -  123 words
        • 74 12 Reuter KARACHI Al-Faysal Investment Bank has offered six million 10-rupce shares for subscription on Pakistan's three stock exchanges on Sep 30, bankers said. The Pakistan-based bank, headed by Saudi Arabia's Prince Mohamcd al-Faisal al-Saud. was set up with its head office in Islamabad in March
          Reuter  -  74 words
      • 228 12 Bloomberg News Service CANBERRA An Australian government's agency is forecasting a continuing slide in world commodity prices in the year ending next June 30, with prices declining 3 per cent after an 8 per cent drop last year. That outlook is bad news
        Bloomberg News Service  -  228 words
      • 209 12 Reuter LONDON Nickel producers, most of them operating at a loss, may be forced to cut output soon, following a fall in the metal's price to new lows on Tuesday. In real terms after allowing for inflation, prices were now at
        Reuter  -  209 words
      • 200 12 Reuter HONGKONG A Beijingconl rolled news agency expressed concern yesterday about numerous Hongkong foreign exchange companies moving into southern China to escape a regulatory crackdown in the British colony. "Obviously they want to escape Hongkong's foreign currency regulations which are soon
        Reuter  -  200 words
      • 75 12 THE US dollar opened higher against the major currencies here in Asia yesterday, reflecting the market's concern over the political crisis in Russia. As a result, most regional currencies opened weaker against the greenback, hut soon settled in narrow ranges. As has been the trend
        75 words
      • 242 12 UPI LONDON The dollar dominated European trading yesterday. driven higher by safe haven buying because of the crisis in Russia, but it eased ofT its overnight peaks. Analysts said the dollar was likely to fade gradually from its knee-jerk jump in response to President Boris Yeltsin's decision to dissolve
        UPI  -  242 words
      • Article, Illustration
        1626 12 IraJe-neiiehleJ index cahulaled a<tain\l S'porr l<H' H iwJiitK punner\ tUue )nw I9SS US$/S$ forward rates Noon Sep 22 ss Bid offer 1-month ***** 1.5955 2-month ***** 1.5955 1-month 1.5938 1.5953 6-momh 1.5930 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES At at 10am m Sep 22 Singapore dollars to one unit
        1,626 words
      • 186 12 Bloomberg ENERGY REPORT LONDON Oil futures prices retreated yesterday as traders discounted possible supply disruptions resulting from political turmoil in Russia and re-focussed on Saturday's Opec meeting, brokers said. Crude oil futures on both sides of the Atlantic gave back Monday's 25-35
        186 words
      • 125 12 AFP NEW YORK The dollar fell against other major currencies in quiet and cautious trading yesterday, a day after Russian President Boris Yeltsin dissolved parliament. In early trading, the dollar exchanged at 1.6295 German marks against 1.6380 and at 106.20 yen against 106.40 yen. In London, it traded
        AFP  -  125 words
    • COMMODITIES & FUTURES
      • 1424 13 SIMEX REPORT Reuter SINGAPORE Eurodollar futures ended softer on the Simex yesterday, confounding dealer expectations for flight to quality buying following overnight news of turmoil in Russia, traders said. "Based on the Russian news the market expected some flight to quality buying but it hasn't materialised,"
        Reuter  -  1,424 words
      • 673 13 COMMODITY REPORTS Tin A HIGHER London market coupled with renewed foreign buying helped tin to rebound four sen to close at MS 10.82 per kg yesterday, traders said. The price hit record lows in last two days of trade. Traders noted opening bids
        673 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 81 13 MANILA The Philippine National Oil Co will float up to USS7S million (SSI 19.6 million) worth of Eurobonds next week to finance a geothermal power plant, the state national oil company said yesterday. The original plan was for the oil firm to issue only US$6O million,
          81 words
        • 130 13 BEIJING China is determined to limit its tin exports to 15,000 tonnes this year, according to Fang Dacheng, president of China National Nonferrous Metals Import and Export Corp. However, Fang told Knight-Ridder Financial News that it was impossible to fully control illegal exports of
          130 words
        • 59 13 BANGKOK Offer prices for most grades of Thai export rice eased this week as loading thinned and no new major export contracts were seen, traders said yesterday. But top white rice graded 100-per cent B held firm at between USS2IS and US$22O per tonne
          59 words
        • 51 13 ZURICH Switzerland is to hike duty charged for the import of sugar by 33 francs to 363 francs per tonne, the Swiss agricultural ministry said yesterday. The new tariff will be effective Oct I, the beginning of the new sugar year, the ministry
          51 words
    • 1599 13 Rubber MS Ci—iit) Excfcaaga (Mar** dasiag M at lpaO tSS 1 Caatract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 93 000 000 127.00 0 875 Nov 127.50 127.00 127.50 175 4.150 Dec 0.00 0.00 127.00 0 3.625 Jan/Mar 94 0.00 0.00 127.50 0
      1,599 words
    • REGIONAL STOCK MARKETS
      • 1207 14 -5.9 Australian shares ended only slightly weaker yesterday after a strong gold sector offset big falls in offshore markets because of the Russian crisis. The All Ordinaries index ended 5.9 down at 1,919.3 points after opening higher at 1.927.5. Brokers said it had shown resilience in the face of
        1,207 words
      • 581 14 -18.28 Share prices closed lower as the local market mirrored New York's decline, driven by news of political turmoil in Russia, brokers said. Brokers said the market could still attempt a technical rebound since a correction was expected this week. The Manila composite index closed 18.28 points lower to
        581 words
      • 573 14 -15.64 Taiwan stocks closed mixed after banks plunged because of bad news about dividends, but most industrials Firmed on late bargain-hunting, brokers said. The weighted index, which hit an early low of 3,829, ended 15.64 points down at 3,888.74. Turnover expanded to a moderate NTS I 7.12 billion from
        573 words
      • 409 14 +2.9 The stock market closed slightly higher on improved volume with individual buying out- weighing persistent institutional selling, brokers said. Analysts were divided over the future market direction with Choi Bum of Seoul Securities seeing the increased volume as indicating the market is on the way up. The composite
        409 words
      • 275 14 -8.44 New Zealand shares ended softer but o(F their lows as rises in foresters Fletcher Challenge and Carter Holt Harvey helped counterbalance weakness in Telecom. The NZSE-40 capital index ended at 1.908.64. down 8.44 points, after earlier going as low as 1,894.09. Turnover was moderate. Telecom, suffering from
        275 words
      • 64 14 +8.04 Bombay stocks rose in late evening kerb deals as speculators who were skittish during trading hours turned confident and began buying, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed at 2,759.15. up 8.04 points from the previous close after recovering from an early low of 2,736.68.
        64 words
    • WORLD STOCK MARKETS
      • 869 14 Britannia Funds Sterling Cash Bid Offer Mini Cap Dtpoul IK 6400 >* 6500 Mim Jcnev GiH 0 I *4J 0 1442 Mim Max Incomr ****** *1 OtOO I SS Cash Income Plus Fund *****0 II :»00 PSS Kcwne Fund 5 2100 5 2200 0 4W 0 44 M Far ta-a
        869 words
      • 657 14 +5.9 UK shares closed steady yesterday with the FTSE index at the day's high as the market recovered from early falls, and traders and strategists expected the market to hold in its current range for the time being. The FTSE 100 closed above the key 3,000 mark at 3.007.5,
        657 words
      • 96 14 -14.43 French shares ended lower on news of Russia's political crisis but recovered some of the morning's losses during the afternoon on bargain hunting. The CAC-40 was down 14.43. or 0.69 per cent, at 2,079.96. Paris 21 Fr Vir-LiguiJc '•MOO -4 00 Alcalcl AnMhom T 26 00 unck EM-auum
        96 words
      • 125 14 1.41pc Swedish shares rose on a rally by Astra and Ericsson, easier debt market yields and a stronger crown despite lower foreign bourses and turmoil in Russia. The OMX-index closed a sharp 1.91 per cent higher at 987.99. while the blue-chip top-16 index climbed 1.95 per cent to 1,334.18.
        125 words
      • 170 14 -32.85 Worries that political turmoil in Russia could escalate to armed conflict prompted damage-limita-tion selling, which wiped out most of the week's steep gains. The 30-share DAX index ended 32.85 points lower at 1,893.0. Frankfurt St? 21 DM 2 153 50 5 00 exsr ;s7'o -10 BMW 5JT 50
        170 words
      • 336 14 -75 Industrial shares attracted a steady flow of sellers at substantially lower prices as the market found little cheer in recent international and domestic devel- opments, dealers said. A trader said the market was unsure about domestic factors, especially growing violence in the run-up to the election next April.
        336 words
      • 163 14 -7.13 Belgian shares closed 0.55 per cent down amid concern about the power struggle in Russia but remained well above the in-tra-day lows. The loss of the Bel-20 index of leading shares was mainly stemmed by a surge of cement maker CBR, which was suspended around midday pending a
        163 words
      • 271 14 -2.28 Dutch shares ended with reduced losses after partially recovering from a steep early fall caused by a knee-jerk reaction to the crisis in Russia. The EOE index closed 2.28 points or 0.66 per cent lower at 345.12, around the middle of the dav's range of 346.4634*1.12. The damage
        271 words
      • 248 14 -8.92 Swiss shares closed easier but above earlier lows as new buying emerged when it became clear that Russia's power struggle would not deteriorate into a civil war. dealers said. Dealers said the market was expected to keep a close watch on Russia over the next few days and
        248 words
      • 276 14 -1.65 Toronto stocks opened down on weak precious metal issues yesterday as gold prices sank after Tuesday's surge on Russia's political crisis, dealers said. The TSE 300 composite index opened down 1.65 points to 3,935.68 in turnover of 7.01 million shares valued at C 559.71 million. Declining issues led
        276 words
      • 827 14 -6.15 Wall Street stocks turned mixed in early afternoon trading yesterday amid weakness in several Dow components, including oil stocks. The Dow was down 6.15 points to 3.531.09 at Ipm EDT. US Treasuries posted slight losses, with the long bond down 1/32 to yield 6.13 per cent. Blue-chip
        827 words
    • Article, Illustration
      2938 26 Reuter HONGKONG Shares closed moderately lower in thin trade yesterday, shrugging off concerns over Russia's political crisis. brokers said. The blue chip Hang Seng index shed 16.41 points to 7.478.90. Trade was trapped within a roughly 5()-point band all day. Turnover was HK52.64 billion against Tuesday's HKS2.B7 billion. Brokers
      Reuter; Source: Bridge Info  -  2,938 words
    • Article, Illustration
      501 26 SHAKE prices closed mostly unchanged on the Shanghai B market on low turnover yesterday. China TM and Outer Gaoqiao were the only two gainers, closing 2.6 per cent and 2.1 per cent higher respectively. The CLSA Shanghai B Index closed 1.72 points up at 780.40. The CLSA Shenzhen B
      501 words
    • Article, Illustration
      2487 26 Reuter TOKYO Stocks ended lower in quiet trade yesterday as most investors were sidelined with concern about the political situation in Russia, brokers said. Market participants were waiting for reaction on European markets last night. Dealers didn't want to build new positions ahead of the holiday today. "The unpopularity
      Reuter; Source: Bridge Info  -  2,487 words
    • Article, Illustration
      1738 26 Reuter BANGKOK Stocks extended losses in the afternoon yesterday in an across-the-board plunge on technical factors and news of the Russian crisis, brokers said. The SET index fell 14J3 points, or 1.49 per cent, to close at 977.75 on a turnover of 7.46 billion baht. It had plunged to
      Reuter; Source: Bridge Info  -  1,738 words
    • Article, Illustration
      987 26 Reuter JAKARTA The political turmoil in Russia had no significant impact on the Jakarta stock exchange" yesterday, where share prices closed lower on selling pressure from local investors, brokers said. The official index closed 2.81 points down at 427.76. Inco fell 150 rupiah to 3.(KK) after the company decided
      Reuter; Source: Bridge Info  -  987 words
    • 2456 27 Source: Bridge Info Source: Bridge Info Ind Oxygen 50c 24.UI.000 Asia Pac Ld 50c 23.7M.000 Idns Hyd 50c 22.494.000 General Corp 18.4*4.000 Renon* Bhd 50c 17.713.000 CASH 50c 12.924.000 Faber Group 9.964.000 Promet 9.(40.000 lnd Oiyaen Wi 9.310.000 FACB 50c 1.971.000 Kamuntint 50c 7.1%.000 Ganda Hklgs 6,786 000
      Source: Bridge Info  -  2,456 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5375 27 Bernama KUALA LUMPUR Share prices here closed easier across the board in moderate trading activity yesterday. Restrictions imposed by some remisiers forced retail players to sell their holdings, leading prices on a further downward correction, dealers said. Investors were also spooked
        Bernama; Source: Bridge Info  -  5,375 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1071 28  -  By R Sivanithy SINGAPORE Share prices tumbled across the board in Singapore yesterday as political turmoil in Russia and a loss of confidence in Malaysian speculative stocks triggered a selling spree. The Straits Times Industrials Index fell more than 50 points to
        Source: Bridge Info  -  1,071 words
      • 76 28  -  HOT STOCK Paul Leo ANY RISE in the price of Industrial Oxygen is a good profit taking opportunity as the stock is unlikely to breach resistance at $1.02 in the short term. The daily chart is showing a divergence pattern falling RSIs with rising prices and this is
        SOURCE: BRIDGE INFO  -  76 words
      • 7127 28 MAIN BOARD Cf Gr 1993 Last Vol Day UslUMt Di> Di» \U Net M Cap ligh Lo» Company Sal* ("0001 High l\o» Bayer Seller C»r S P/E Smil NDUSTRIAL AND COMMERCIAL I3<0 260 Vma 1000 xd -110 703 1140 I0U0 1000 1010 12.5 2.1 1 2 43.3 WJ 270 220
        7,127 words
  • Page 9 Advertisements
    • 373 9 Asia Young Leaders' Forum I I. October 24-26,1993 The Pan Pacific Kuala Lumpur (Jointly organised by the Asean Institute and rfpfF The Asia Australia Institute) "AGENDA FOR THE 21ST CENTURY The Asia-Australia Institute BY NEXT GENERATION'S LEADERS" A Death knoll of the environment? A Strategies to safeguard mother earth A
      373 words

  • Page 10 Advertisements
    • 76 10 YOU'VE NEVER HAD IT SO GOOD! /~"t| ——!yR i^p^p^p^p^p^ kayak, pedalo, tennis, archery, glass Game viewing bottomed boat ride, kids' mini club, for the big five shopping entertainment every night. •&:X£gfnfZ»»g 0 Na L un (Squash, golf casino, if available at jUpj n k flamingoes 1*,,: W.6n., d ,y/ S
      76 words

  • Page 11 Advertisements
    • 485 11 i LEONEE CONIXI (Ej FIRST CLASS APARTMENTS WITH PANORAMIC SEAVIEW IN PRIME ORCHARD ROAD M Leonie Condotel is endowed with a myriad of iM] \S3\ recreational facilities much like a country club. |9I ir\\ With a grand private clubhouse, magnificent entrance fan O lobbyfinished with granite. A, in) Lease now
      485 words


  • Page 13 Advertisements
    • 343 13 BUSINESS TIMES TOLL-FREE TEL. No. 1800-741 1833 FAX:74I 1298 THE COMPANIES ACX CAP 50 DUNCAN MACNEILL (SEA PRIVATE LIMITED (IN VOLUNTARY LIQUIDATION) SPECIAL RESOLUTIONS PASSED ON 14th September 1991 At an extraordinary general meeting of the company be Won the 14 th day of September 1993, the following •pedal resolutions
      343 words
    • 36 13 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up A when you make the call and place an CATA d 737-1166
      36 words

  • Page 14 Advertisements

  • Page 15 Advertisements
    • 57 15 1968- 1 9 9 3 P^yCorporation anniversary MORGAN GRENFELL ASIA 3fe|| I 1 Morgan Grenfell (Asia) Limited 20 Raffles Place #26-01 Ocean Towers Singapore 0104 Tel: *****28 Fax: *****73 Tlx: RS ***** Hl s|MBL Schroder International Merchant Bankers Limited 65 Chulia Street #36-01 OCBC Centre Singapore 0104 Tel: *****11 Tlx:
      57 words

  • Page 16 Advertisements
    • 76 16 > y £lto^ partners Daiwa Singapore Limited I Daiwa Singapore Limited 6 Shenton Way #38-00 #39-01/02 DBS Building Singapore 0106 Tel: *****66 Tlx: RS *****/***** Fax: *****97 Group of Companies: Rapid Air-Cond Electrical Pte Ltd Rapid Ducting Steelwork Pte Ltd Rapid Ship Furnishing Engineering Pte Ltd Ship Repairs Services Round
      76 words

  • Page 17 Advertisements
    • 152 17 llpml Haven Group of Companies p| EBpHaven Hydraulic Cranes Controls (S) Re Ltd Haven Marine Supplies Trading (S) Pte Ltd Haven Automation (H.K.) Ltd Haven Automation Guangzhou (jv) Co Ltd Marine Industrial Engineering Contractors Dalian Haven Automation Company Limited Haven Automation Dubai £2 Haven Automation Marine p Gryphon Engineering (S)
      152 words


  • Page 19 Advertisements
    • 29 19 I Kepi. Local Regional Experience. More than shiprepair. < More than an industrial group. Mqap than just a local enterprise. Singapore. The region. And beyond. International Perspective. Keppel Corporation Limited
      29 words

  • Page 20 Advertisements
    • 118 20 1968 1998 /PCorporation anniversary lifS-l I (0 Ship Repairing, Marine and Industrial Engineering, Fabrication of Steel Structures, Boiler Repair, Tank Cleaning, Voyage Repair, Sand-Blasting, I Electrical Installation, Carpenter Work, Air-Condition Ducting, Heavy Duty Shearing Machine Tact Yi Engineering Re Ltd I No. 8 Chia Ping Road #03-17 JTC Flatted Factory
      118 words

  • Page 21 Advertisements
    • 130 21 1968 1993 /B^y Corppfotion anniversary (2) ii: ong Company Re Ltd I Member of the Stock Exchange of Singapore Ltd Nomura Singapore Limited 76 Shenton Way #07-00 Ong Building 6 Battery Road #39-01 Singapore 0104 Singapore 0207 Tel: *****08 Tlx: RS ***** Tel: *****66 Tlx: RS ***** Fax: *****66 Fax:
      130 words

  • Page 22 Advertisements
    • 142 22 1968 1993 lIHIIII lllilin anniversary s 00 w f ®f a f?i ding I Standard Chartered Wor S e I Standard Chartered Bank Specialist in Tank Cleaning, Sand Blasting, I Painting Scaffolding Works 43 Faber Crescent Singapore 0512 ip| Tel: *****47/*****60 6 Battery Road Singapore 0104 Tel: *****88 Mm r^»
      142 words

  • Page 23 Advertisements
    • 206 23 1968- i 9 9 s P^Corporation CITIBAN<O' Rj Courtaulds 1 BJ COATINGS Courtaulds Coatings Singapore Pte Ltd 5 Shenton Way #07-00 UIC Building Singapore 0106 3 Neythal Road Jurong Town Singapore 2262 Tel: *****27 Tlx: RS ***** Fax: *****84 Tel: *****33 Tlx: RS ***** Fax: *****12 Deutsche Bank \sr Singapore
      206 words

  • Page 24 Advertisements
    • 243 24 1968 1 9 9 3 Corporation anniversary b I L Sales/Service vJB Welding equipment, Consumables, Spares Accessories I I gft International Sea Land Hollis Asia Pte Ltd I Engineering Pte Ltd I Blk 1002 Lor 8 #05-1475/#O5-1477 Blk 4003 Ang Mo Kio Industrial Park 1 Toa Payoh Industrial Park Singapore
      243 words

  • Page 25 Advertisements
    • 241 25 1 9 6 8 1 9 9 3 lll|llll lllillll anniversary BPOWERCON PTE LTD fit Marine Industrial Insulation Import Export Cable Flooring Works Sealant System Mechanical Works Insulation Materials Electrical Electronic Automation i See Hup Seng (Pte) Ltd Blk 2022 Bukit Batok Ind. Park A Street 23 25 Pion^J! e
      241 words

  • Page 26 Advertisements
    • 61 26 Your favourite Italian Restaurant is now at 7 Mohamed Sultan Road (off River Valley Road) life" I T A I A M n For reservations call 738-0917 RISTUHAN I t lIALI A N vJ Opening hours Lunch 12 pm-3pm Dinner 6 pm-10pm Now 1 A compkmentary glass of wine with
      61 words

  • Page 27 Advertisements
    • 76 27 A Timely Investment. Sole Agent DICKSON WATCH JEWELLERY (S) PTE LTD (A wholly owned subsidiary of DICKSON CONCEPTS [INTERNATIONAL] LIMITED) IV^®jr HER E S Av^*t A A M A A A DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01 -03 Singapore 0923 Tel: *****00 CENTREPOINT -176 Orchard Road #01
      76 words

  • Page 28 Advertisements
    • 60 28 Singapore: THE HOUR GLASS Luckv Plaza Tel. *****20/1 Scotts Tel. *****27/7198 ifc'/K Centrepoint Tel *****98/603 Peninsula Plaza Tel. *****09/*****63 j Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21 *****6/*****1 Malaysia: THE HOUR GLASS Lol 10 Centre. Kuala Lumpur Tel. 03-*****20/932 Yow
      60 words

  • SPORTS
    • 484 29 Bid for Olympics 2000 AP MONTE CARLO. Monaco Beijing's Olympic bid chief says so much venom has been directed at China's effort to host the Games that he isn't giving it much thought anymore. "We've had so much criticism. more than enough, so we don't
      AP; Reuter  -  484 words
    • 461 29 Reuter SYDNEY Cockiness has given way to nervous optimism in Sydney as the city's closest rival to host the 2000 Olympics, Beijing, has slipped ahead as the perceived front-runner. But in this sports-mad city, where a good party and a good bet are
      Reuter  -  461 words
    • SPORT SHORTS
      • Article, Illustration
        71 29 Reuter NEW YORK American l>eague Tuesdav Milwaukee 7 Detroit 4; Minnesota 5 New York 4; Baltimore 7 Cleveland 6; Toronto 5 Boston 0; California 8 Chicago 0; Oakland 9 Kansas City 6; Seattle 8 Texas 0. National: Los Angeles 5 Cincinnati 3(11): Atlanta 18 Montreal 5; Philadelphia 5 Florida
        Reuter  -  71 words
      • Article, Illustration
        122 29 AFP WASHINGTON Giant Romanian Gheorghe Muresan faces a new setback as he attempts to take the NBA by storm. The 2.3 m Muresan the tallest player in NBA history will miss at least two months of the upcoming season. Washington Bullets general manager John Nash said that a physical
        AFP  -  122 words
      • Article, Illustration
        121 29 Reuter LONDON Reigning world champion Garry Kasparov was in magisterial mood after widening his lead over British challenger Nigel Short on Tuesday by winning Game Seven of their title match. Kasparov now leads the 24-game contest s'/2 to l'/j with four wins and three draws. He needs only a
        Reuter  -  121 words
      • Article, Illustration
        96 29 AFP PARIS French club Olympic Marseille will be stripped of its fifth league title by the French Football Federation (FFF) when it meets again yesterday over the club's alleged involvement in a match-fixing scandal. The sanction will be effective until the court looking into the affair gives its ruling.
        AFP  -  96 words
      • Article, Illustration
        137 29 Reuter AFP PARIS World No I Pete Sampras and almost all the world's top players will take part in the lucrative US$2.l6 million (553.45 million) Paris Open tournament from Nov 1, organisers said on Tuesday. Only one of the leading 20 players. Austrian Thomas Muster, ranked 12. will be
        Reuter; AFP  -  137 words
      • Article, Illustration
        99 29 Reuter DUBAI Dubai Classic first round Tuesday (prefix denotes seed- ing): Tonv Hands (Eng) b Mir Zaman Gul (Pak) 17-15 12-15 8-15 17-15 15-13: 6-Rodney Eylcs(Aust) b Mark Carlyon (Aust) 15-12 15-10 15-13; Peter Nicol (Scot) b Hansi Wiens (Ger) 6-15 15-10 15-8 15-12; 4-Peter Marshall (Eng) b Ahmed
        Reuter  -  99 words
    • 611 29 Golf Reuter SUTTON COLDFIELD. England A European team boosted by recent individual success and buoyed by the apparent recovery of two of their stars looks ready to regain golfs premier team title, the Ryder Cup. from the US holders at The Belfry this
      Reuter  -  611 words
    • 171 29 SINGAPORE This year's 12th Rolex International Polo tournament starting today till Sunday at the Singapore Polo Club (starting time: 4pm) will host both the Rolex Gold Cup and the the Rolex International Trophy. The 1993 Gold Cup. for high-goal regional teams, will
      171 words
  • Page 29 Advertisements
    • 1146 29 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 r la HM Matter Of ItetN Caatpaalas Act, Cap M Ami SINO ORGANISATION PTE. LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 133 Middle Road #05 076 Guan Hua Building Singapore 0718 on the 17th
      1,146 words
    • 329 29 THE COMPANIES ACT, CAP. M ROYALCOURT RESTAURANT PTE LTD Winding-up) At an Extraordinary General of ft* dnw—nJ Company held on the 16th day of September 1993, the following Special Resolution was duly passed 'THAT the Company be wound up voluntarily pursuant to Section 290(l)(b) of the Companies Act, Cap. 30
      329 words

  • Page 30 Advertisements
    • 902 30 Nothing Bests A Bud- WHjyfl where to wine, dine and entertain or J Sedop Nooyo Ijj J Tuck into tasty Nonya wl w SESSK" Bill 161 only 2 *3K£r~" mon**! *1 Bakwankepiting f I J#OU Itek Tim Babi pong toy •LUNCH BUfF€T H IS Avamtxritek** $13.80-+ (odult) W| Nonyopop&i $10.80++
      902 words
    • 311 30 wMi oppdlMn dalklewi oimi to chooM from. if 3QwwittwplulluiH. Tak* your pick. Tastm a iww country «v«rvmonA. |^H Jk# StobUn GrMlroom Lunch: IHM Moon 2.30 ptn Onfy $30++ pmr pmrton. far rtm nurtuni, jlmmmm HHHI coM *****51 at i SStp! .*=i'vand I W^ w,w colour of the I >| iljziM
      311 words

  • LIFESTYLE
    • 880 31  -  GarfunkeFs was youth s official voice of the 60s and he still loves working with They are together on stage again and will be in Singapore in November, writes W illium Grimes William Grimes NYT SINCE Paul Simon and Art Garfunkel went their separate ways in
      NYT  -  880 words
    • 660 31 CHATTERBOX Parton THE multi-million dollar auction of paintings, furniture and personal belongings of late ballet dancer Rudolf Nureyev has been postponed for a year because of a dispute over the proceeds, London auctioneers Christies said on Tuesday. The auction, scheduled to take place in December in
      Parton  -  660 words
  • Page 31 Advertisements
    • 87 31 Ouch, Ouch, Ouch, My Bad Back, Ouch, uch,Ouch, My Neck, ch, Ouch, Ouch,My Pulled Muscle Ahhhhhhn My N.Z. Waterbed. AH FANTASY WATERBEDS PTE LTD 15 Enggor Street (off Anson Rd) #01-03 Realty Centre Singapore 0207 Tel: 226 1055 Fax: 226 1054 Mon-Sat: 1 lam Bpm. Sun PuPlic Holidays: Ipm 7
      87 words
  • Page 31 Miscellaneous
    • 1117 31 TV RADIO New vj'no about -Aorkniiis V jj*' of a homicidc squad in the po- Bjg\ tJL Iffif V &&L lice force. Today. the team 1 "In* have to pursue a serial killer. Set Jugalbandi, 10.00pm, SBC 12 y Indian musie has always been 4 H ,9| an integral part
      1,117 words

  • INNOVATION & TECHNOLOGY
    • 759 32  -  Helen Chang talks to the head of the new research institute Helen Chang SANGKOT Marzuki might still be peering over a petrie dish in Australia if not for a faxed letter from Indonesia. The simply-written letter asked Dr Marzuki if he might be
      759 words
    • 287 32 London Pictures service NOW there's a security camera that not only sees but recognises shapes like a car or a running person, and protects itself if threatened. Named "Yorick" after the persistent and animated skull in Shakespeare's play Hamlet. the system was invented by engineers at Oxford
      London Pictures service  -  287 words
    • 649 32  - Found missing 90pc of universe The find appears to represent a victory for Machos over wimps, says Bradley Perrett Bradley Perrett Reuter Astronomers in Australia say they have found 90 per cent of the universe the missing part they knew existed but somehow could never find. Using a 125-year-old massive,
      Reuter  -  649 words
    • IN TAKES
      • 128 32 AFP NEW DELHI Indian scientists claimed a breakthrough in technology to clear oil spills saying they have developed a new strain of bacteria which can completely degrade sludges, the Press Trust of India reported on Tuesday. The news agency quoted National Environmental Engineering Research Institute
        AFP  -  128 words
      • 106 32 NYT SOCORRO, New Mcxico Engineers of the Energetic Materials Research and Testing Center here have built a replica of the Boeing 747 fuselage destroyed over Lockerbie, Scotland, in 1988 by a terrorist bomb, a catastrophe that cost 270 lives. The object of their explosive tests is
        NYT  -  106 words
      • 161 32 NYT SOCORRO, New Mexico Scientists at New Mexico's Energetic Materials Research and Testing Center are setting ofT explosions that create a form of diamond that could replace the silicon in computer chips. Vasant SJoshi, a graduate student with the centre, is conducting experiments compressing powdered synthetic diamond,
        NYT  -  161 words
      • 109 32 UP! NEW YORK Gene therapy may help keep blockcd arteries open long after they arc cleared. Scientists at Stanford and Osaka Universities said they have successfully kept rat arteries open after procedures to unclog the arteries. If it works in humans, it could make a
        UP!  -  109 words
      • 100 32 UPI PITTSBURGH Cancer experts arc stepping up efforts to teach doctors how to ease the pain suffered by people with the debilitating, killer disease. At a weekend meeting in Pittsburgh of the American Society of Clinical Oncology, the organisations leaders taught doctors how
        UPI  -  100 words
  • Page 32 Advertisements
    • 892 32 r w BANQUE WORMS Hmd Office: Le Voltaire 1 place des Degr6s, Cedex 58 ***** Pa;is. La D«ense France Tel: (1) 49 07 50 50 Fax: (1) 49 07 59 11 Telex BWOR X 616 023 F Singapore Branch: 143 Cecil Street. #23-00 GB Building, Singapore 0106 Tel (65) *****33
      892 words
    • 25 32 NEED A SERVICE? MJiriNMSnJAmTMSOMD ijfca Let your fingers walk to the service professionals listed in our service directory of The Straits Times ca^ts Classified. 737-nw
      25 words

  • THE LAW PAGE
    • 992 33  -  The Japanese bar believes that the move will be an important step towards the deregulation of the legal system, reports David Sanger David Sanger NYT WHEN Japanese talk about what's wrong with America, they usually list crime, urban decay and too many
      NYT  -  992 words
    • 928 33  -  Valerie Low argues that employers should be liable for their employee's actions unless he commits a crime Valerie Low The writer is a lecturer in law at the School of Accountancy Business. Nanyang Technological i'niversity IF YOU were a professional employee
      928 words
  • Page 33 Advertisements
    • 178 33 sH It's Time Your CPF Savings Does Some Stretching Exercise Now's just the time to stretch your CPF savings and maximise its potential. From 1 October, you'll have wider investment options and a higher investible limit. Moreover, you can withdraw realised profits a year later. Open an OUB CPF Investment
      178 words

  • 530 34 EDITORIAL IT IS only proper that a Hongkong Chinese. Anson Chan, should have been appointed to succeed David Ford as the territory's Chief Secretary in November. Mrs Chan, the daughter of Shanghainese refugees from communist rule, is a Hongkong resident with no foreign passport. Thus,
    530 words
  • WHAT THE OTHERS SAY
    • 255 34 WHILE LOBBYING is like a medal event itself in the selection of the Olympic Games venue, the levels to which politicking threatens to bring down this year's decision are regrettable. Instead of the debate centering on which of the contenders has the strongest claim
      255 words
    • 166 34 SATURDAY was the fifth anniversary of the coup staged by the Myanmar military to prevent the people from toppling the military-backed dictatorial government. It was on Sep 18, 1988, that the military, which has ruled Myanmar in one guise or another since 1962, stepped in
      166 words
    • 188 34 JUST FOUR YEARS after decades of communist rule were swept away, the ex-communists seem set to return to rule Poland. TTie official results of Sunday's election will not be announced until Friday, but it seems most likely that the democratic Left Alliance, composed of former officials
      188 words
    • 153 34 WITH THE HELP of the United Nations, Cambodia has finally tasted peace after years of wars and destruction in their homeland. The most pressing issue now is for Sihanouk to use his personal influence for the unity and restoration of the nation. If Sihanouk is
      153 words
    • 170 34 THE INVESTIGATION into Mr Lee Ming Tee's Allied group has not been cheap, quick or easy. Critics might ask to what ultimate end this activity will lead. After all, the company has cleaned up its act and the shareholders have a new chief executive, so why
      170 words
    • 120 34 LAST WEEK'S worldwide concern over reports that China was preparing a possible underground nuclear test points to the need to keep the ban on testing. Rather than keeping us in suspense over whether it plans to detonate a thermonuclear device in the Lop Nor test region,
      120 words
  • 1098 34  -  Leon Hadar says a rejection of Nafta would represent a serious blow to US trade relations with Asia and to the international free-trade system Leon Hadar The writer is BT's Washington Correspondent THE IDEA of a North American Free Trade Area (Nafta)
    1,098 words
  • Page 34 Advertisements
    • 70 34 SHARES riggingM W here do you draw the line? H We've heard ol syndicates moving the market and people talking shares prices up or down. ould thev he guiltv ol share rigging? Are Singapore s securities HB| laws stringent enough? Join us lor a lunch-time talk on this current hot
      70 words
  • Page 34 Miscellaneous
    • 74 34 LOOK CVT tvhiS LACKS COMCetiTRP^TiON JO<et< &L ,p eNCXOS£D COULD DO BCTfSgK.. 1 is vWiKG Ps GO ftT Me u»TV4 my u)PkGeS r Assocuno niwva«*s ltd.. ihmni 9017 a DOONESBURY GARRY TRUDEAU t'fISCtNTKING, UJ& PONT I I 11|' j THINK YOUR. NBMJ THERFFCOE. F£PRssemi}emJi- miMt- Ml/ POLICY TO P&&RE6AW 1/THZY'RB
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  • ANALYSIS
    • 1069 35  - For Yeltsin, it was do now or die later Russian President Boris Yeltsin finally took the plunge and dismissed parliament on Tuesday evening. While BT's Moscow Correspondent John Helmer examines how the crisis unfolded, Vanora Bennett traces the roller-coaster political career of a politician who visibly thrives on danger, and
      1,069 words
    • 766 35 Reuter PRESIDENT Boris Yeltsin, who suspended Russia's parliament on Tuesday, won worldwide fame in 1991 for successful resistance to a right-wing coup that speeded the end of the Soviet Union. The image of the white-haired leader rallying democrats from the top of a tank
      Reuter  -  766 words
    • 739 35 Reuter PRESIDENT Bill Ginton is once again gambling on President Boris Yeltsin and the belief that the Russian leader is a true reformer aiming to refashion his country as a free-market democracy. Mr Yeltsin's suspension of the Russian parliament on Tuesday and call for new elections
      Reuter  -  739 words
  • Page 35 Advertisements
    • 36 35 An exclusive 'Tropical Garden Condo'. frf |mi" ti 11" 1 Modern European style kitchen Rental from $8,000 partially very Call Quek Ai Ling/Mark l.im for more details. Sole Marketing Agent: Jones Lang Wootton to: 220 3888
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  • 347 36 Reuter, AFP JAKARTA Indonesia and the Philippines have agreed to increase trade and study the development of a "growth triangle" linking South-east Asia's two largest nations. Indonesian State Secretary Murdiono said after a meeting between visiting Philippine President Fidel Ramos and President
    Reuter,; AFP  -  347 words
  • 258 36 Reuter NEW YORK Primerica Corp and The Travelers Corp said yesterday they were discussing a merger that would create "one of the largest financial services companies in America." The deal would value Travelers at just over US$5 billion (SsB billion). The new
    Reuter  -  258 words
  • 392 36 Turmoil in Russia Reuter MOSCOW President Boris Yeltsin's dramatic move to dissolve Parliament has confronted Russia's high command and security chiefs with the nightmare they hoped would never arise; two rival "presidents" demanding allegiance. The chief of Mr Yeltsin's personal administration said yesterday
    Reuter  -  392 words
  • 335 36 Reuter LONDON International investors involved in Eastern Europe and the former Soviet Union say the political crisis in Russia is nerve-wracking but they arc prepared to wait and see what happens rather than bolting immediately. "I wouldn't recommend pulling out. It's early days."
    Reuter  -  335 words
  • 864 36  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs ONE of the more bizarre economic policies of the royalist government that ruled Cambodia in the 1960s was a scheme to start a casino so
    864 words
  • 303 36  -  From Ramesh Divyanathan in BANGKOK THAILAND and the Asean states need to have a strong defence capability to deter external aggression, but this does not mean that Asean is in an arms race. Thai defence minister Vijit Sookmark said this in
    303 words
  • Page 36 Advertisements
    • 47 36 MARKETING Tomorrow in Business Times I EC PRIME SERVICED OFFICE AT RAFFLES PLACE Offering furnished office rooms that come together with assigned personal secretary, personalised telephone answering service and complete office facilities at attractive rates. Call us at: 538 1322 538 0233 International Executive Centre Pte Ltd
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    • 55 36 MARKETING Tomorrow in Business Times MALAYSIAN STRATEGIC CONSULTANCY SDN BHD to you SILVER r Achieving Entrepreneurial Success in the Challenging '90s H DAVID SILVER has raised more venture capital for more entrepreneurial companies than anyone else in the United States. CALL Annie or Leena at Target Seminars at Tel: 220
      55 words

  • Shipping Times
    • 393 37  -  By Rahita Elias SINGAPORE Communications Minister Mah Bow Tan yesterday urged nations to contribute to a fund used to combat oil pollution from ships in the Straits of Malacca and Singapore. Speaking at the launching ceremony for a Joint Oil
      393 words
    • 65 37 Reuter PLYMOUTH, England The trawler Pescado entering Plymouth on Tuesday after being raised from the sea bed by the salvage ship Seaway Harrier. Once it arrives in Devonport, police and forensic scientists will investigate why the trawler sank so quickly more than two
      Reuter  -  65 words
    • 284 37 SINGAPORE Mitsui OSK Lines of Japan has been awarded a licence from the Thai Customs authorities for an inland container depot (ICD) capable of handling both bonded and customs activities in Thailand. According to a recent company statement, the carrier is the first
      284 words
    • 851 37 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9
      851 words
    • 455 37 Lloyd's List WASHINGTON Tanker owners who replaced their sin-gle-hull vessels with doublehulls sooner than required by the US Oil Pollution Act of 1990 (OPA9O) will have their liability limits substantially reduced under a plan being drafled behind closed doors at the US Congress.
      Lloyd's List  -  455 words
    • 390 37 MBT KUALA LUMPUR Two more local companies will benefit from the Ms3oo-million (SSIB7 million) Shipping Finance Facility (SFF) managed by Bank Industri. The companies are negotiating separately with the bank for the latter to finance the construction of two vessels, with a
      MBT  -  390 words
    • 1190 38 The Australian shipping industry has undergone remarkable reform and Australian crews are as highly trained as any in the world. Now the industry is looking to the government to cut its tax burden which makes it uncompetitive internationally Fairplay OVER the past few years, the productivity
      Fairplay  -  1,190 words
    • SHIPS IN PORT
      • 552 40 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Kola Rata RJAOA* POS alongside 25 09 0600 Kuala SuT W/B 16 alongside 2309/2300 Manne/P 22/09* P01A atongside 22.09/1800 Nuga 50 111/93 112 alongside 23 09/2000 Mas laya 15/93 P04 alongside 22 09/1800
        552 words
      • 1620 40 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Am Violet 258 24/2000 1 22/1500 22 1659 22/1900 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 Ad Goncharo. 59MF93 25/0900
        1,620 words
    • 10460 48 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,460 words
    • 3355 53 A Xm.BC C ontainerline NV: Bclsin Shpg Agencies Ptc Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Ptc Ltd (S) Vhrenkiel Liner Service: Kim Shpg Trdg (S). Vlbatros Sea-Air Service: Frata Shpg Ptc
      3,355 words
    • 284 53 Abacus Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80. Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. 4 |w s Mjnnlit*N Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cits-I ink I nter national Td: 344-3377. Fax: 345-6450.
      284 words
    • 1506 53 Abex Express Freight Td: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833 Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20 \eroiink Freight International Td: 545-8031 Fax: *****05 Aerospeed Td: 542-5911 Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,506 words
    • 2604 54 ALBANIA Duress: Seven vessels in port of which 1 loading chrome ore. 3 discharging flour. I wheat. 1 frozen butter. 1 general cargo. 9 vessels in roads of which I to discharge wheat. I chicken feed. 2 bagged cement, 1 coke. 3 flour. I sugar. ANGOLA Luanda: No
      2,604 words
    • 1068 54 SHIP SALES TANKER RATES THE POSITIVE attitude from buyers, especially in the Greek scctor. remains a major feature of the market which has again seen some significant sales being concluded. Perhaps the most surprising was the price level achieved by Shell Houston for their ULCC's L'ST Pacific/VST Atlantic 404.000 dwt
      1,068 words
    • 557 54 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SI A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB
      557 words
    • 239 54 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA ETFD Ports of Cilh Port Agent Telephone No SEPTEMBER 24 24 Leisure World 1500 2000 Cruise to Nowhere Lauw Sons Agencies 227-8284 24 24 Coral Princess 1700 2030 Cruise to Nowhere Scmjom Agencies 227-8284 24 01 Mikhail Shotokhov 1600
      239 words
    • 1098 55 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1.416 Tuesday from 1.423 on Sep 20. Rates show no signs of easing in the short termfor handy-sized and handymax sized bulk carriers lifting cargoes from northwest Europe. Further new business was quoted on the market
      1,098 words
    • 852 55 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      852 words
    • 176 55 COURSES Title: Airport Management Duration: Sep 27 Nov 5 Organiser: Singapore Aviation Academy. Civil Aviation Authority of Singapore Tel: For further details/registration contact Ms Diana Lee/Mrs Pang-Nco Guan Hwa at 065-540-6209/065-540-6216 or fax: 065-542-9890. Title: Airport Engineering Duration: Sep 27 Dec 10 Organiser: Singapore Aviation Academy, Civil Aviation
      176 words
    • 861 56  -  Rahita Elias traces the growth of the Taiwanese carrier on its 25th anniversary Rahita Elias SINCE starting off with just one vessel 25 years ago this month. Evergreen Marine Corp has grown into the world's largest containership line. At its birth, containerisation was
      861 words
    • AIR AND LAND TRANSPORT NEWS
      • 490 58 NYT WASHINGTON The chairmen of two House committees are battling over US$3O5 million (Ss4BB million) in transportation projects that critics call pork and supporters call indispensable. Bob Carr, who heads the Appropriations -Committee's Subcommittee on Transportation, touched off the dispute by adding the projects
        NYT  -  490 words
      • 302 58 Bloomberg Business News DETROIT Ford Motor chairman Harold Poling said he's pleased with the new three-year labour contract tentatively reached last week between the US carmaker and United Auto Workers union. "I thought it was a very good settlement," Mr Poling said following an
        Bloomberg Business News  -  302 words
      • 524 58 Reuter PARIS State-owned Air France, which last week announced plans to cut 4,000 jobs, has entered a period of permanent restructuring, its chairman said in an interview. The airline, which has not made a profit since 1989. plans further cuts or postponments of
        Reuter  -  524 words
      • 42 58 Reuter SUNDERLAND, England Some of the thousands of cars stockpiled at Nissan's Washington plant near Sunderland. The company said on Tuesday that it was cutting production of its Micra and Primera cars by 9 per cent. Reuter
        Reuter  -  42 words
      • LOG BOOK
        • 156 58 Bloomberg Business News TAIPEI Taiwan's two largest daily business newspapers said yesterday morning that British Aerospace (BAe) and the Taiwan Aerospace Corp will abandon a plan to form a joint venture for the production of civilian aircraft. The Commercial Times said that the talks
          Bloomberg Business News  -  156 words
        • 77 58 Bloomberg Business News HONGKONG Container traffic going through Hongkong in the second quarter of this year increased 16.3 per cent from the year-earlier period, down from 18.1 per cent growth in the first quarter, according to government figures. In the first six months
          Bloomberg Business News  -  77 words
        • Article, Illustration
          27 58 Reuter BOMBAY A child playing on a truck in South Bombay on Tuesday, as nearly 150,000 truckers in the state joined the countrywide strike. Reuter
          Reuter  -  27 words
        • 97 58 Reuter MELBOURNE Port workers at Australian Stevedores Ltd have ended a 24 hour strike against planned job cuts but some work bans remain in place, the company said. The strike delayed 22 vessels at 14 ports and cost the company about A 5300,000 (*****,000) in
          Reuter  -  97 words
      • 177 58 Reuter VIENNA Pay talks for flight crew at state-controlled Austrian Airlines AG have been broken ofT in order to allow management and workers to concentrate on a final decision on international cooperation, employee leaders said. In a statement on Tuesday, workers' council head Albin
        Reuter  -  177 words
      • 1358 58 ati F»gM cta n&i hp Abu Dhabi Gf 146 1120 GF147 1850 Adelaide QF81 1930 QF82 2055 SQ228 2120 Amsterdam' KL837 1445 KL832 0020 SQ323 1815 KL838 2320 SQ324 2345 Auckland BAll 1505 SQ288 2015 Bahrain Gf 148 0905 B Scri Begawan BI421 1105 SQ182 0915
        1,358 words
      • 447 58 NYT SOCORRO, New Mexico In a desolate, rattlesnakeinfested valley some 64 km from the place where the world's first atomic bomb was tested, scientists are reenacting the bombing of Pan Am Right 103, seeking to protect airliners against future terrorist blasts. Engineers
        NYT  -  447 words
  • Page 37 Advertisements
    • 2 37 IBB1», Lubricant
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    • 20 37 Lines and unicM riprMMtid by Mwbiri of Um ■•ffstry of Accroditod National ShJpFa advertising enquiries, contact Shipping Trnes: Tel 740-2089/740-2090
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    • 50 37 the FAMOUS 224 1833 For more information please refer to Pg. 13 Waiting for Aussie govt to act, Page 2 Evergreen is 25, Page 20 Battle over US transportation projects, Back Page xlJh TK-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. Singapore riH Business Times WEKMOWASIA
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  • Page 39 Advertisements
    • 144 39 I Why 1 Our Name Is Being Seen In All The World's Most Fashionable Places. fPSwfc >51 ml j i^V-|v JHH i* x; B 1 I I I BF^^^WgFom the urgent shipment of initial designs and samples to the economical distribution of finished product, UPS is becoming a fashionable choice
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  • Page 40 Advertisements
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    • 1536 40 DIRECT TO USA WEST COAST (fCX-SPORE CAUQRMIA EXPRESS) TO t**T IgPCnERttANEA* (FULL COWTAWCT SERVICE) joa If rr o* n_ tK hMHH ate Iff urn wall I«" I itok fMBB BiwMlMnM—i nil unmi —t am ccbtmp CAIIfORNW PIGASUS 16 I »30»| 1610 1110 20 10 21 10 UlO 1110 120 10
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  • Page 41 Advertisements
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    • 2046 41 ■niiWHiHiHlfW SAILINGS TO HONG KONG/TAIWAN/JAPAN/KOREA/CHINA MATHILDE MAERSK V.9308 ETA SIN 28TH SEPT 93 LAUST MAERSK V.9314 ETA SIN 29TH SEPT 93 REGINA MAERSK V.9311 ETA SIN 30TH SEPT 93 Vess« Voy ETA ETO f=eeo» by 8 DESTINATIONS This »ee« MATHILDE MAERSK v93OA J.4UMWTWHfWim cv 28/ot oeoo hrs CfS 27/09 2359
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  • Page 42 Advertisements
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    • 564 42 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Ve»>el IT A SIN NED AMERICA V 3332
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  • Page 43 Advertisements
    • 2098 43 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppel Towers Singapore 0208 Tel: *****80 Fax: *****17 NEW GUINEA PACIFIC LINE ■MiiißlßHHiyAilflßiAiMAMiiiAMUAUiiaH tivjED (A service of china navigation CO) CARGO DUE SAKS RAJAH BROOKE V23E Mujii Lab 22-23 Sep 2« Sep 25 S*p FCL, ICL CONTAINER AND BREAK BULK
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    • 1563 43 SINGAPORE AGENT: liALrf AfltQlflAfC P*o Containers (Singapore Agencies) Pte Ltd X VjUllldlllvl O 10 H «>e Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 w < CR Number: **********0Z OUR CFS WAREHOUSE PRESENTLY AT MBI WILL BE MOVING SOON TO
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  • Page 44 Advertisements
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  • Page 45 Advertisements
    • 2352 45 1| j 'OOCL HONOUR 27W eta sgp 25/09/93, II II I ETA RDM 11/10/93, FLX 12/10/93, BRE 14/10/93, II X I LEH 16/10/93 II EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VESSEL VOV SGP LOS OAK VAN SET 4TL CCG CLE CLB DAL
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    • 1226 45 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BAIT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
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  • Page 46 Advertisements
    • 1636 46 ft AS AGENTS "K" LINE (SINGAPORE) PTC LTD (CH No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I MALAYSIA V" UNI MAJtfTMi (MALAYSIA) SON BHO u 4 B TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA P.T. SARANA LAUTINTCBNUSA. TEL: JKT *****08 fmm
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    • 1163 46 PHI LI-on It NT LI MS PT€ LTD K 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER 0F THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION ffyjg AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 23 SEP SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 24 SEP AUCKLAND, WELLINGTON. LYTTLETON,
      1,163 words

  • Page 47 Advertisements
    • 985 47 PACIFIC INTERNATIONAL LINES (PTE) LTD] I £55^5855 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I fll CR NO **********0E I VESSEL VOY SIN CMB JIB JED AGJ ADE HOO PZU ASA KOTA WIJAYA WJAO3I 7/10 12/10 16/10 19/10 22/10 20/10 22/10 2S/10 KOTA BERKAT BKTOO2I 19/10 24/10 1/11
      985 words
    • 711 47 VESSELS VOT SPORE HAIiBURG ROTTERDAM ANTWERP THAMES It HARVE KMC* CARRKR 7330W 25/09 21/10 23/10 24/10 25/10 27/10 GIUECKSBURG 9*3o* 04/10 31/10 02/11 03/11 04/11 00/11 ICILAS MACtPOWA 943QW 10/10 04/11 00/11 07/11 01/11 10/11 WUE PI AQUOA 7530W It/10 10/11 12m 13/11 14/11 15/11 •Also ACCEPTMG CASGO TO All
      711 words
    • 899 47 BSfl it M MYANMA PHMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KI| Pen P.Gdf PATHEIN VI2SW 21/29 Sep MPA-AN VI9SW 28/30 Sep PAGAN V2OIW 10/20 Oct MALAYSIA AGENTS BOUSTEAO SHTHNG AGENCIES HI TEL 03-*****00 PKL ;El 03 36«6767 PEN TEL 04 *****5 PGD TEI 07-*****1/4
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  • Page 49 Advertisements
    • 49 49 1/C VISA FREIGHT SERVICES PTE LTD Si Established Sincc 1984 OCEANIA PORTS REGULAR GROUPAGE lcl consolidation AUCKLAND SYDNEY IMPORT EXPORT MELBOURNE FREMAWTLE SERVICES FOR BOOKING 8t SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTF l m TOLL-™* TEU ,800£56** ,34 FAXs*****37
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  • Page 50 Advertisements
    • 2702 50 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Gnan Gnan Shipping S4n Bhd Chung Chiae Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd Stmiag Freight ioekmt Caatra S* KM SI ftniarao («< maia Mau IM 3.34, 3rd floor, It. It. H. laanda
      2,702 words

  • Page 51 Advertisements
    • 588 51 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 27/09 ROTTERDAM 25/09 AARHUS/COPENHAGEN 27/09 HAMBURG/BREMEN 27/09 MARSEILLE/FRANCE 24/09 FELIXSTOWE/UK 27/09~ BARCELONA/SPAIN 24/09 LEHAVRE/FRANCE 27/09 GENOA/ITALY 24/09 ANTWERP/BELGIUM 27/09 LOS ANGELES/WC/IPI 24/09 SYDNEY/MELBOURNE 25/09 NEW YORK/EC 26/09 FREMANTLE/ADELAIDE 24/09 VANCOUVER 1/10 BRISBANE
      588 words
    • 920 51 VESSEL VOV WM JKT |j: VESSEL VOY SIN PtN I HHHHjB lOTA BHUM I>S Fri 24/t Tut 2S/9 DEJA BHUM 2153 Fri 14/9 Sat M I*K JOTS Sfl 25/1- Wtti _2? j PERK AS* 02H Fri 24/9 Tu> W» »*<>" »7/» WANA BHUM 1958 Wod 2S/t Sol 2/10 RAJA WUM
      920 words
    • 647 51 Guaranteed Sailings to: BANGKOK •LAEM CHABANG JAKARTA PORT KELANG HO CHI MINH MANILA CEBU •SURABAYA* PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS L d dongnama line ii 11■ ■TaMTfctMHTf—i COMTAMKMMtD WRvml *ssa «c rw n bs* mc TUSSAS V3IM 25/1 27/1 2J/1 «/H I»'U
      647 words

  • Page 52 Advertisements
    • 1714 52 PUkfIMN CONTAINER LINES 1 |W\— [Agentt: MAC-NELB SPORE: *****22 (24 UNEB) PENANGt (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/UKB/MED PORTS PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 24/9 25/9 26/9 Honf Koof Ldn/Rx/Rdm/Ant/LHV/Ham 25/9 26/9 27/9 26/9
      1,714 words
    • 197 52 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD u* u» tit VOX POUT UIMC PINMK an MK 23/9 loading tot Male «U«M HUM) IS. 10 tach«|in( and Loading to hater oarw lio Loading Fw Mai* hoiku smut s/io Loading Fw Mate UMEUM In n Loading Fof Male niOCHSS LKRTT
      197 words
    • 903 52 THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I TEL. 227-5088 FAX: 227-6011 I I SBT TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT S PORE PEST VESSEL VOY S'PORE DCST EQUATOR JAOE 90/3E 23 SEP KUCHING
      903 words


  • Page 54 Advertisements
    • 67 54 I If only my boss would =r I Respond Ao these ads.. A ANY JOB. ANY CAREER. Available Any Day. i( Any Time. Anywhere, 1 INC SIMIU runt TH« iuNtMf riMI HUMNtM TlMkl 1| J j ".J M«M D*llt NkWft lit. HI T A HANIAN •AHIIA MINUbU \/r*a) l 11
      67 words

  • Page 55 Advertisements
    • 55 55 "fte Executive Housekeeper this hotel) Ott I wants is me. Bub I'll never negtec-fe L I -fchis house, J Any 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 MIN DAILY NEWS BERITA HARIAN
      55 words
    • 23 55 (An 7 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINOAPOMi f Business Times wt mom »an
      23 words
  • Page 55 Miscellaneous
    • 740 55 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 1100 1900 2000 2100 2200 2300 OS 12 1.6 1.9 2.0 2.1 1.9 1.6 1.4 1.3 1.2 1.3 1.5 1.9 2.3 2.6 2.6 2.5 2.3 1.9
      740 words

  • Page 56 Advertisements
    • 326 56 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC zm 24/09/93 02/10/93 n ,iS?°JS) moScar VIGOUR PACIFIC 27ANB 27/09/93 02/10/33 B BOREAS 2MB 30/09/93 05/10/93 VIGOUR SINGAPORE 63N8 01/10/93 02/10/23 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG VIGOUR PENANG 9317N8 24/09/93 26/09/93 VIGOUR PACIFIC
      326 words
    • 464 56 ©APPENSHIP (g\ HAMBURG ITT/ CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAOMG PORTS WSCHARGE/lOAMNG FOR GLIDER HAMBURG SLD SPORE 10/10. JKT 15/10 AGAMEMNON BREMERHAVEN 8/9 SPORE 8/10. SHANGHAI. RIZHAO. XINGANG KOALA CONTAINER LINE STORE ax HAM ROT LEH DKK CS FSNICH Vl3 24/09
      464 words
    • 430 56 Ji cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/09 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/10 20/10 Huangpu/Guangztiou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      430 words

  • Page 57 Advertisements
    • 894 57 4 HYUNDAI MERCHANT MARINE CO-OP. \y ESTBOUND TO EUROPE I VOY rn p*i PGP VESSELS VOY SIN »TM ANT* L£H* HAM WE* Ftl w tnVANCE 27* 21/09 22/09 23/09 OOCI CHARISMA 307* 27/09 15/10 15/10 IS/10 17/10 17/10 19/10 I NORASIA MALACCA 9329 A 28/09 29/09 30/09 H. PIONEER 3051*
      894 words
    • 510 57 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS KISSEL NT SP Pt RK U bicclis i ■pt mSM ft USE 1 N/» l/M I MUU 1 SLO SID I tUIR MIA M l/M ASEAN TRADER II l/M KMC MAM 17 Ml 211 MA «/M TMUBBC ftWl
      510 words
    • 937 57 VESSEL 1 VOT IS« Ett/P I LAX OAK CM DAL TO/COL HOU NTC NOR ALLIGATOR TRIUMPH 49A 90/09-01/10 17/10 19/10 20/10 21/10 21/10 22/10 22/10 23/10 MACKINAC BRPGE 71A "07 0»/10 24/10 20/10 27/10 lt/10 28/10 29/10 29/10 30/10 ALLIGATOR PRPE _46A 14-15/10 31/10 02/11 03/11 04/11 04/11 05/11 05/11
      937 words