The Business Times, 12 June 1991

Microfilm: NL17507
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Wednesday, June 12, 1991 75*
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  • NEWS SUMMARY
    • Article
      Bush bullish about American economy
      49 1 WASHINGTON US President George Bush believes an economic turnaround is in the making. "If I can borrow a term from Wall Street, I am bullish on the economy," he said in remarks by satellite to the national conference of the American Advertising Federation yesterday.
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    • Article
      Tamil rebels ready to hold peace talks
      57 1 COLOMBO Tamil rebels yesterday said they are ready for peace talks to end the eight-year civil war with the government and suggested negotiations in Europe. The offer came one year after the Liberation Tigers of Tamil Eelam, rebel militia, broke a ceasefile and
      57 words
    • Article
      More expensive city
      21 1 S&JGAPORE is a slightly more expensive place than a year ago, judging from a world survey Page 2
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    • Article
      Shrinking pager
      25 1 MPTOROLA Electronics' research and development talent in Singapore has designed and manufactured a credit-card sizbd pager for the demanding Japanese market Page 2
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    • Article
      Boost from airport
      18 1 A NEW multi-million-dollar airport is tipped to prove a big winner for Macau Page 9
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    • Article
      Shift in lending focus
      32 1 THE WORLD BANK has been urged by the US to shift the bulk of its lending to helping private business rather than assisting Third World governments Page 10
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    • Article
      Fighting Tokyo grip
      28 1 TAIWAN faces the mammoth task of shaking off the Japanese who have emerged as aggressive businessmen with a hold on the island's economy Page 11
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    • Article
      Sharpening court skills
      25 1 THE LATEST CHANGES in the Supreme Court, announced over the weekend, are likely to sharpen the courtroom expertise of lawyers Page 14
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    • Article
      Films from the forest
      28 1 AFTER 15 YEARS of cinematic silence from Sherwood Forest, two feature films are coming out at once on England's most enduring legend Page 17
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    • Article
      Terminal to be floated
      18 1 KELANG Container Terminal is to be floated later this year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      39 1 WALL STREET stock prices rose in early trading yesterday as the market appeared to be searching for direction. The Dow Jones average of 30 industrial stocks was up 17.89 points to 2.993.29 after one hour of trading.
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    • Article
      Footsie higher
      29 1 SHARE PRICES in London were higher at midday yesterday. At about 1115 GMT, the FTSE 100-Share Index was up 19.3 points or 0.7 per cent at 2,531.2.
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    • Article
      New FairPrice strategy
      31 1 NTUC Fair Price has charted a new expansion strategy for the *****, and chairman Gopinath Pillai says the cooperative will explore the possibility of a listing Page 3
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    • Article
      Guthrie unit wins deals
      26 1 THE NEWLY-FORMED subsidiary of diversified property and engineering group Guthrie GTS has won projects worth over $260 million in Indonesia Page 3
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    • Article
      NZ Telecom share offer
      33 1 THE American owners of New Zealand's Telecom Corp yesterday started selling off their shares in the company that will see their stake reduced by 19 p£r cent Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 740.47 +3.24 Kuala Lumpur ....621.71 +3.17 Tokyo 24.662.59 +64.21 Hongkong 3,631.48 +10.29 Sydney 1486.0 +8.5 Monday Change New York 2,975.40 -1.34 London 2.511.9 +5.6
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    • Article
      CURRENCIES
      24 1 Exchange rates USS SS 1.7810 100 Yen SS 1.2595 MS SS 0.6410 Money market rates Overnight 4 7/8 +1/8 3-month 5 1/2 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix USS372.75 USS5.15 Rubber S'pore July 147.50«/kg -0.25 M'sia July 230.50*/kg unch KL Tin Turnover 40 tonnes -51 Spot MS 15.46/kg -0.04 Crude palm oil Turnover 1,747 lots +240 June MS761 /tonne -2
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  • Article, Illustration
    Gold regains lustre while sterling takes a dive
    636 1  -  By Shoeb Kagda, Chew Eng Han GOLD is shining again after languishing for months while the British pound, one of the top performing currencies in 1990, is in a rut. Gold prices soared yesterday to their highest levels since January. The precious
    636 words
  • Article, Illustration
    Tougher times ahead forecast for local hotels
    597 1  -  More rooms and fewer tourists will mean keener competition By Teh Hooi Ling SINGAPORE hoteliers will face stiffer competition for guests and workers in the years ahead as nearly 7,000 new hotel rooms have been scheduled for completion by 1994. Besides more rooms,
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  • Article
    Lock icon Johor to stem labour flow to S'pore if economy is hurt
    216 1 NST PASIR GUDANG The Johor state government will eonsider stemming the outHow of labour to Singapore if it continues at the expense of the state's industrial growth, said Housing and IxKal Government committee chairman Datuk Bahari Haron. He said
    NST  -  216 words
  • Article
    Investing in good relations
    78 1 INVESTOR RELATIONS is not well practised in Singapore. That may have to change in the light of the several stock market events over the past few days. With the Stock Exchange of Singapore now sabre-rat-tling, investor relations can no longer be the province of only a
    78 words
  • Article
    STPB to boost marketing efforts in Taiwan and Korea
    311 1  -  By Sylvia Wong DESPITE a modest increase in tourist arrivals last month, figures from the Singapore Tourist Promotion Board show that visitor arrivals dropped almost 5 per cent to about two million in the first five months of this year compared
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      148 1 High jashionjahrks from tody Available at all leading tailors Aircraft Schedule 27 Money Changer Rates 27 Weather 27 Commodities 26 Money Market 25 World News 10,11 Cryptic Crossword 27 Regional Co News 4 Editorial 12 Regional News 9 For market indices, editorial, Financial News 8 Regional Stock Markets 23 advertising
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      Page 1 Advertisements Column 2
      17 1 Turn to Pg 10 for the third Money Coupon you need to join the BT investment challenge
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      Page 1 Advertisements Column 3
      3 1 Analysis, Page 13
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    • Advertisement
      Page 1 Advertisements Column 4
      163 1 gpp O- Lanihcio Marjo Zbgna_ at leading tailors Thai airport taking off THAILAND'S Nong Ngu Hao airport project is finally taking off after nearly three decades of delays. Full report, Pg 12. Thai hotels hit by low occupancy levels, Pg 9 PENTAX The European compact camera of the yearl99o& 1991.
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  • HOME NEWS
    • Article, Illustration
      Singapore placed 43rd in survey of expats' living costs
      477 2  -  By Harish Mehta SINGAPORE has been ranked 43rd in a world survey of expatriate eosts of living, making it a slightly more expensive plaee than a year ago, when it was ranked 45th. Aeeording to a study by Business International, Teheran
      477 words
    • Article, Illustration
      Motorola whips out credit-card sized pager
      350 2  -  By Claire Leow MOTOROLA Electronics' research and development talent here has designed and manufactured a credit-card sized pager for the demanding Japanese market. Motorola sank US$l million (S$ 1.77 million) into the project which started last May and its Ang Mo Kio plant shipped
      350 words
    • Article
      Hitachi may set up fifth support centre
      270 2 HITACHI Asia Pte Ltd is likely to set up a fifth support centre within the next one to two years. This was revealed yesterday by Akira Yukawa, managing director of Hitachi Asia, at a signing ceremony to mark the agreement for a Ss4s
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    • NEWS ROUNDUP
      • Article
        South-east Asia's first cash-and-carry mart
        147 2 THE International Merchandise Mart (IMM) will open the first cash-and-carry merchandise mart in South-east Asia on June 20. Called Mega Mart, the new wholesale mart will occupy the ground floor of the IMM, which has been partially opened since May last year. When IMM is
        147 words
      • Article
        NPB's productivity lecture
        86 2 CHANG KUO-AN, chairman of Holmsgreen Holding Co Ltd of Taiwan, will deliver his lecture on "Quality consciousness in the service sector" tomorrow at 2pm at the Henderson Room, NPB Building. This is the second lecture in the National Productivity Board's Productivity Lecture series. This series of lectures
        86 words
      • Article
        Labour ministry's survey
        76 2 THE Ministry of Labour is conducting the mid-1991 Labour Force Survey during May and June. The purpose of the survey is to collect data on employment and unemployment, to understand the labour market situation, and to help evaluate and formulate plans and policies on employment. A sample
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      139 2 r < f V jfl mw v'* i "fr^MpQF^Y f *J'y "g >: r i'i iiJU'lfcii II &-VISJ&?* r'~ -|-*a|-,'rr r J -> >• ■>■~ 1 i-M fMSt. v g r The Best Business Connections in the U.S. These days few business trips to America are to only one destination
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      FairPrice considers public listing, regional ventures
      529 3  -  NTUC coop charts strategy for the 1990s By Genevieve Cua CASH-RICH NTUC FairPrice has charted a new expansion strategy for the *****, one that may even see it being listed on the stock exchange. Fair Price chairman Gopinath Pillai told reporters yesterday that the
      529 words
    • Article
      Fuji Offset doubles capital reserves
      168 3 FUJI OFFSET Plates Manufacturing Co Ltd, whose l-for-2 bonus issue was rejected by the SES last week, doubled its capital reserves from $2.48 million to $5.57 million in the year ended Dec 31, 1991. The company yesterday released its annual report, which revealed that its
      168 words
    • Article, Illustration
      SingRe increases thrust into the region
      365 3  -  By Quak Hiang Whai PUBLICLY-LISTED Singapore Reinsurance has stepped up its efforts to expand regionally. Its subsidiary, Singße Information Technology (SRIT), a software subsidiary, is now seeking suitable alliances in Indonesia and Thailand to promote and distribute its software packages. Singße chairman Hwang Soo
      365 words
    • Article
      Inno-Pac's bid to boost Shakey's still a long way from paying off
      804 3  -  THE HOCK LOCK SIEW COLUMN Odds stacked against Shakey's from the start By Genevieve Cua THE BEDROCK of Inno-Pacific Holding's steadfast expansion of its pizza chain, Shakey's, is the conviction that, in the near future, pizza will outshine
      804 words
    • Article
      Guthrie unit wins contract worth $260m in Indonesia
      250 3  -  By Shoeb Kagda GUTHRIE CMS, the newlyformed subsidiary of diversified property and engineering group Guthrie GTS, has secured projects worth over $260 million in Indonesia. The projects include a four-star 300-room hotel in Jakarta, a comprehensive holiday resort development on the east
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    • Article
      Lock icon Keck Seng goes into leisure and tourism
      251 3 Bernama KUALA LUMPUR Increased interest in the leisure and tourism industry has led the Keck Seng (M) Bhd group to diversify its activities to include leisure and tourism-related projects, its executive chairman Ho Kian Guan said. In line with this, the company has
      Bernama  -  251 words
    • COMPANY BRIEFS
      • Article
        Setron posts lower group pre-tax profit
        81 3 KUALA LUMPUR Setron (M) said group pre-tax operating profit fell to M 54.23 million in 1990 from M 54.75 million in 1989. At company level, it showed a pre-tax loss of M 5512,000 compared with a pre-tax profit of M$ 160,000 in 1989. The
        81 words
      • Article
        Orchard Parade unit's capital
        92 3 SINGAPORE Orchard Parade Holdings (OPH), formerly Ming Court Hotel, has announced an increase in the authorised, issued and paid-up capital of its subsidiary, First Choice Properties Pte Ltd (FCPPL). On June 10, FCPPL's authorised capital was increased from $25,000 to $13 million by the creation of
        92 words
      • Article
        Director ups stake in Pac Can
        66 3 SINGAPORE Low Hua Kin, a director of Pacific Can Investment Holdings Ltd, has announced an increase in his vested interests in the company held through KZ Investments Pte Ltd. On June 10, KZ investments purchased 301,000 shares in Pac Can for $328,090, increasing Mr
        66 words
      • Article
        Directors sell shares, warrants
        83 3 SINGAPORE Ong Mui Eng, a director of Hwa Hong Corp, sold 23,000 shares of his personal holdings of the company's shares on June 10. Of this, 13,000 shares were sold at $1.61 and the remaining 10,000 were sold at $1.62. This reduces his stake in the
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      • Article
        Trans Oil raises Apollo stake
        57 3 SINGAPORE Trans Oil Ltd, a wholly-owned subsidiary of King's Hotel Ltd, bought another 6,000 shares of Apollo Enterprise for $12,730 on June 10. This increases Trans Oil's stake in Apollo to 17.13 per cent. CDL Hotels Ltd, City Developments Ltd and Hong Leong Investment Ltd
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      159 3 I've switched to ANA Hotel Singapore. A W ANA HOTEL SINGAPORE \l l>' S'> 4 M 3pVi 4 4 PLAN TOE PERFECT WEMMNG BY TOE SINGAPORE RIVER A The scene is set for your most dramatic moment. g4»*;Zl"^ Take your place amidst the magnificent Tudor-styled architecture, surrounded by the grandeur
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        LCD maker seeks Hongkong listing
        66 4 HONGKONG Hongkong-based Varitronix International Ltd is seeking a listing on the Hongkong Stock Exchange with an issue of 62 million shares at HK52.75 each to raise HK$ 170.5 million. The liquid crystal display manufacturer and designer says the share offer, which represents 25 per cent
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      • Article
        Flat forecast for Ishikawajima
        107 4 TOKYO Japan's Ishikawajima-Harima Heavy Industries Co Ltd expects its group net, current and operating profits to be flat in the year to March 31, 1992 compared with 1990-91. The company faces higher labour and material costs in Japan and uncertain business for its Brazilian subsidiary, according
        107 words
      • Article
        Idemitsu enters M'sian ventures
        64 4 TOKYO Idemitsu Petrochemical Co Ltd has signed an agreement to form two joint ventures in Malaysia with the state-run Petroliam National Bhd and BP Chemicals Ltd of Britain. The three companies will establish Ethylene Malaysia Bhd to produce ethylene and Polyethylene Malaysia Bhd to manufacture polyethylene.
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      • Article
        Firms that went down under
        96 4 SYDNEY A record number of 189 companies went into receivership in the Australian state of New South Wales in the six months to the end of May, it was reported on Monday. The figures, compiled by insolvency specialists Prentice Parbery Barilla, showed a jump of
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      • Article
        Plans for sunflower plantation
        61 4 JAKARTA Agribusiness company Sumber Wira Group (SWG) has planned to set up a sunflower plantation covering 50,000 hectares at Santong, Sumbawa, West Nusa Tenggera, with an initial investment of US$lOO million (about SSI77 million). Fredrick Yunadi, SWG's president-director, said that the plantation would produce 100 tonnes
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      • Article
        Sony to expand KL operations
        83 4 TOKYO Sony Corp plans to set up new production lines for VHS video tape recorders and eight millimetre camcorders at its Malaysian unit. Sony Video (M) Sdn Bhd, near Kuala Lumpur, currently produces about 30.000 VHS video tape recorders a month. Sony plans to boost
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    • Article
      Lock icon US companies offer 420m shares of NZ's Telecom Corp for sale
      292 4 AP WELLINGTON The American owners of New Zealand's Telecom Corp began a sell-off yesterday of 420 million shares in the national telephone company that will see their stake reduced by 19 per cent. The overall worldwide issue was announced
      AP  -  292 words
    • Article
      Lock icon Canberra clears bid for cane grower
      152 4 AFP SYDNEY Treasurer John Kerin yesterday cleared the hostile takeover of Australia's largest sugarcane grower by British group Tate and Lyle. Mr Kerin said in a statement issued in Canberra that he had revoked an interim order which had blocked the bid for Bundaberg
      AFP  -  152 words
    • Article
      Lock icon Telecom posts 29pc jump in profit to NZ$332m
      167 4 AFP WELLINGTON Telecom Corp of New Zealand announced yesterday its annual profit had jumped 29 per cent to NZ5331.9 million. The result came as Telecom, which is owned by US companies Bell Atlantic and Ameritech, prepared to an- nounce details of a
      AFP  -  167 words
    • Article, Illustration
      Top tenant reduces Sally Aw's losses at Auckland tower block
      259 4  -  From Selwyn Parker in AUCKLAND LOSSES on Miss Sally Aw's NZSIOS million (about S$ 107.4 million) Auckland tower block have been reduced by signing a top tenant, but her delisted company has no further plans in New Zealand. Telecom Corp
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    • Article
      Lock icon Game over for suspects in fake Nintendo racket
      240 4 Reuter REDMOND. Washington The American customs authorities have arrested at least seven people associated with Taiwanese companies allegedly involved in making and exporting counterfeit Nintendo games, according to Nintendo of America Inc. "These arrests are the latest in Nintendo's worldwide effort to
      Reuter  -  240 words
    • Article
      Lock icon Japanese billionaire held for tax evasion
      389 4 Major stock market scandal involving prominent businessmen NYT TOKYO A prominent Japanese businessman has fallen into a big stock market scandal. Hirotomo Takei was arrested last week on charges that he failed to pay about US$24 million (Ss4l million) in taxes owed on profits
      NYT  -  389 words
    • Article
      Lock icon Singer zips back into spotlight with public offering
      306 4 Reuter TORONTO Hongkong's Singer Co plans to jump back into the spotlight with a public offering worth up to Cs3oo million (***** million), company officials said on Monday. Founded in the United States in the 19th-century, Singer has been based in Hongkong
      Reuter  -  306 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      27 4 J V iV 0& (M y/f t a/ iftfai (°(m)ng HrTailors (Established 1933) Lower Lobby, Shangri-La Hotel, Tel: *****92 #03-09, Westin Pla/a, Raffles City. Tel: *****19 w^mmm
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      Page 4 Advertisements Column 2
      172 4 Jbtirwin Travetodqe Travetodqe In the north's premier city and major tourist centre 12-storey mid-range hotel in well-established ideally located to capitalise on the lop K nil's booming iVJ. central location tourist industry •On the doorstep of stunning wildlife and scenic Wc f r M>,kl m,ddk markt J corporate traffic, attractions,
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      Page 4 Advertisements Column 3
      20 4 TWO WELL ESTABLISHED AND SUCCESSFUL HOTELS IN PROVEN MARKETS HIGH OCCUPANCY HIGH YIELD PRICED TO SELL Transact Horn touris# PROPERTY
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      165 5 Ilj i *#9m v?*i^'%r.*- HI •^w^^ r^c -7 1 i)' "^^Mi mt flj K I r -y Bp B K',^';^:4^&c 4 u Fv"- i >w^^'' •^.v^eas^ t»- Sv T j^M«it-j—ai«i— m—■»— n I »PH>>» mm th im—lM— Mil r M if l iVLirjiT^itiWiTnr^ 1 hr -r mmm— In a mastery
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Apple plans backdoor move into retailing
        83 6 CANNES, France Apple Computer Inc plans to enter the retail business in Europe through the back door by allowing its Apple-only distributors to open stores. Guerrino de Luca, marketing director of Apple Europe, said on Monday that the company wanted to broaden its distribution
        83 words
      • Article
        Asda issues profit warning
        95 6 LONDON British supermarket chain Asda Group has warned that profit in the current year will not be much higher than the 1990-91 level and that chairman and chief executive John Hardman has resigned. Profit in the year to April would be "not less" than £170 million
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      • Article
        Anglo Utd's interest charge up
        68 6 LONDON Coal and liquid fuels distributor Anglo United pie announced on Monday that its interest charge for the year ending March 31 rose sharply to £42.9 million (S$ 127.8 million) from £26.3 million. The charge arose from the acquisition of Coalite in August 1989. Anglo's
        68 words
      • Article
        Total to buy into Chinese refiner
        60 6 PARIS French oil firm Total-Cie Francaise des Petroles has agreed to buy into a Chinese refinery group. West Pacific Petrochemical Company Ltd (Wepec), which is to build and operate a refinery complex of 100,000 barrels a day at Dalian, north-east China. Wepec would export
        60 words
    • Article
      Lock icon Siemens, Philips dismiss Thomson's chip merger plan
      438 6 FT LONDON Siemens of Germany and Philips of the Netherlands has poured cold water on the idea of merging their semiconductor divisions with SGS-Thomson, the Ital-ian-French chip maker. Officials of Thomson, the French electronics group which owns SGS-Thomson together with IRI/Finmeccanica, the Italian
      FT  -  438 words
    • Article, Illustration
      Lock icon Before the take-off
      57 6 Reuter picture PARIS A worker arranging models of the European Consortium Airbus passenger jets prior to the opening tomorrow of the Paris Air Show at the Bourget airfield near here. The 10-day exhibition, held every two years, is considered the aerospace industry's largest trade fair, attracting about
      Reuter picture  -  57 words
    • Article
      Lock icon An Apple-IBM chip accord seen unlikely
      466 6 Reuter NEW YORK Apple Computer Inc and International Business Machines Corp, by discussing an alliance, loom as a potential threat on the software front but few analysts expect them to shake hands on a chip pact. The companies are said to be mulling any
      Reuter  -  466 words
    • Article
      Lock icon Unisys sells major subsidiary to reduce debt
      245 6 IHT NEW YORK Unisys Corp. the American computer concern that guessed wrong about the profit potential in most of its business strategies, announced on Monday that it was selling a major subsidiary to foreigners in yet another story of US corporations unwinding their
      IHT  -  245 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
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      153 words
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  • Page 7 Advertisements
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      352 7 TO SHOW HOW REAL OUR COLOUR COPIES CAN BE WE PUT A REAL TULIP INTO THIS AD. I I J COLOURS SO REAL YOU y I CAN'T TELL THE DIFFERENCE jP -y js''- All these fresh beautiful tulips were f J? created on a Canon Colour Laser Copier. known which.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Daiwa unit in Taiwan venture capital tie-up
        98 8 TOKYO Nippon Investment and Finance Co Ltd. an affiliate of Japanese stockbroker Daiwa Securities Co Ltd, plans to set up a venture-capital company in Taipei with the Taiwanese government. The joint venture was to be capitalised at NT$l.2 billion (552.88 million) with Nippon
        98 words
      • Article
        Islamic bank plans guarantees
        74 8 ABU DHABI The Islamic Development Bank is seeking to boost the exports of its 44 members by guaranteeing export credits. "We have prepared a plan to guarantee export credits among Islamic countries," chairman Ahmad Mohammad Ali said on Monday during a visit to the United Arab
        74 words
      • Article
        BNL stays clear of debt problem
        86 8 MILAN Italian state-owned Banca Nazionale del Lavoro does not intend to eover the 200 billion lire (***** million) of debts owed by its 50 per cent-owned Agrifactoring finance company, says a source close to the bank. The source said on Monday that a senior
        86 words
      • Article
        Bourse unveils mediation scheme
        88 8 NEW YORK The American Stock Exchange has launched a pilot programme for the voluntary mediation of investorbroker disputes to serve as an alternative to the more comprehensive arbitration programme it offers. The exchange said on Monday that under the new programme, it would refer cases to
        88 words
      • Article
        BofA eyes Shearson unit
        70 8 LOS ANGELES Cash-rich Bank America Corp is looking at possibly acquiring the mortgage servicing unit of Shearson Lehman Brothers Inc, a unit of American Express Co. A spokesman for Shearson said on Monday that several parties had expressed interest in the unit and that discussions were
        70 words
    • Article
      Margin requirements for gasoil futures
      190 8 SINGAPORE The Singapore International Monetary Exchange has prescribed the minimum margin requirements for its new gasoil futures contract. Simex said yesterday that the outright initial minimum margin for the contract prior to the month preceding the delivery month is US$l,OOO (S$ 1,700). The maintenance margin
      190 words
    • Article
      Private Indonesian bank raises US$29m loan here
      327 8  -  By Diana Oon SINGAPORE PT Bank Pacific (BP), an Indonesian private bank, made its debut in the Singapore offshore funds market vesterdav, signing a US$29-million (5551.7 million) revolving credit facility with 13 banks. The facility, arranged by Schroder International Merchant Bankers (Simbl). was
      327 words
    • Article, Illustration
      Lock icon Former director of Bank Duta asks court to drop charges
      375 8 AFP JAKARTA The former vice-president of Bank Duta has made an impassioned plea for a court to dismiss corruption charges against him stemming from the Indonesian private bank's USS42O million (Ss7l4 million) loss last year. Dicky Iskandar Di Nata told
      AFP  -  375 words
    • Article
      Lock icon Dealer charged with false dealings in NZ futures
      226 8 Reuter LONDON A prosecutor alleged on Monday that a London financial dealer manipulated hundreds of millions of dollars in New Zealand's futures market by pretending to act on behalf of big international organisations. Stephen Francis, 29, has denied 10 charges of using
      Reuter  -  226 words
    • Article
      Lock icon European banks expand faster than Japanese
      372 8 Reuter BASLE, Switzerland European banks overtook their Japanese rivals as the main driving force behind the expansion of the international banking market in 1990. the Bank for International Settlements (BIS) said. The Basle-based agency said European banks accounted for more than 75 per cent
      Reuter  -  372 words
    • Article
      Telerate jointly launches service for treasury bonds
      204 8 SINGAPORE Information giant Telerate and USbased broker Cantor Fitzgerald have teamed up to offer a new service to provide live broker quotes for US treasury securities and their derivatives on the Telerate system. Telerate officials in New York said they decided not to
      204 words
    • Article
      Lock icon Citicorp plans to spur loans for companies
      553 8 NYT NEW YORK Citicorp will begin a financing programme this week that would help corporate customers borrow up to US$l billion (S$ 1.7 billion) in the commercial paper market. Under the financing arrangement, announced on Monday, Citicorp's Citibank subsidiary will refer corporate customers
      NYT  -  553 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
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      133 words
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      Page 8 Advertisements Column 2
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  • Page 8 Miscellaneous
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  • THE REGION
    • Article
      Lock icon New Macau airport will open up window of opportunity
      752 9 From the Las Vegas of Asia to gateway to China Reuter HONGKONG A new multi-million dollar airport is tipped to prove a big winner for tiny Macau, regarded as the Vegas of Asia. Macau, perched uncomfortably on the rump of China
      Reuter  -  752 words
    • Article
      Lock icon Sri Lanka seeking bigger slice of world garments market
      248 9 Reuter COLOMBO Sri Unka is seeking a greater share of the global garments trade with plans to set up 10 new textile mills and increase production, an official spokesman said. "We want to raise to one per cent from a current
      Reuter  -  248 words
    • NOTE BOOK
      • Article
        Jakarta confident pay rise will not fuel inflation
        81 9 JAKARTA Inflation will not rise as a result ot next month's salary rise for Indonesia's civil servants, Finance Minister Johannes Sumarlin said. "The government expects inflation will remain at an acceptable level ot below double digits in the 1991/92 financial year (which
        81 words
      • Article
        Indonesia gets World Bank loan
        86 9 WASHINGTON The World Bank has announced that it had approved a USSI(K) million (Ssl7B million) loan for an Indonesian development project. The money is to be used for the Sulawesi-Irian Jaya urban development project which has a total cost of US$lBB.2 million for selected cities
        86 words
      • Article
        How to resolve island disputes
        88 9 KUALA LUMPUR Asian nations should refrain from holding military exercises in the South China Sea or using force to settle their conflicting claims in the area, Malaysian Deputy Prime Minister Cihafar Baba said yesterday. Countries in the region are concentrating on economic growth and need
        88 words
      • Article
        Eastern Sri Lanka under curfew
        62 9 COLOMBO Security forces yesterday clamped indefinite curfews on parts of eastern Sri Lanka where fighting with Tamil guerillas resumed a year ago. A military spokesman said curfews went into effect in Lravur and several neighbouring areas in Batticaloa district from late Monday to provide cover
        62 words
    • Article
      Thai hotels hit by low occupancy levels
      356 9 BANGKOK Thailand's hotel industry is reeling under a severe decline in the occupancy rate, which now runs at a nationwide record low of 30 per cent. The worst slump since 1984-85 is expected to force some hotels out of business soon, industry sources
      356 words
  • Page 9 Advertisements
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        BOJ chief optimistic about economic growth
        90 10 TOKYO Japan's central bank chief voiced optimism yesterday about prospects for both the US and Japanese economies and said there is little chance of the present world slowdown turning into a recession. Bank of Japan (BOJ) governor Yasushi Mieno told the annual meeting of
        90 words
      • Article
        France protests against curbs
        91 10 TOKYO France has lodged two protests with the Japanese Foreign Ministry over the country's restrictions on imports of agricultural products, a French official said on Monday. The protest takes issue with requirements, introduced by Japan after the Chernobyl nuclear accident in 1986, that food imported from
        91 words
      • Article
        EC ministers deadlocked on tax
        73 10 LUXEMBOURG European Community finance ministers have failed to reach agreement on measures to harmonise sales and excise taxes among the Community's 12 member states. EC taxation commissioner Christian Scrivener said on Monday that the ministers had decided to meet again on the issue on June
        73 words
      • Article
        EC allocates research funds
        64 10 BRUSSELS The European Community has earmarked funds totalling 1.5 billion European currency units (553.03 billion) for research in such fields as the environment and telecommunications. The European Commission said on Monday that among the five projects which EC ministers approved was one in telecommunications designed to
        64 words
      • Article
        Caribbean trailing in tourism
        78 10 SAN JUAN, Puerto Rico The Caribbean economy is heavily dependent on tourism but the region has failed to keep pace with the tourism growth rate of Hawaii and other places. Speaking at a Caribbean hotel industry meeting on Monday, American Airlines chairman Robert Crandall said the
        78 words
      • Article
        Israel seeking IMF loan
        87 10 TEL AVIV Israel will turn to the International Monetary Fund for the first time in 13 years, seeking a loan of up to US$5OO million (SSB9O million) because of losses caused by the Gulf War. The request announced on Monday by the Bank of Israel followed
        87 words
    • Article
      Lock icon Focus on lending to private business, World Bank told
      419 10 Washington agrees to back US$ 1 b boost in such aid AP WASHINGTON The US is pushing the World Bank to shift the bulk of its lending to helping private business rather than assisting Third World governments. The 155-nation bank lends
      AP  -  419 words
    • Article, Illustration
      Lock icon Aid to Moscow should be spent in E Europe: EC official
      396 10 AFP DOBRIS, Czechoslovakia Aid money going to the Soviet Union should be earmarked partly to buy goods from Eastern European countries, a senior European Community (EC) official has said. Eastern European countries struggling to reform their economies should be
      AFP  -  396 words
    • Article
      Lock icon Surge in imports tips Germany into trade deficit
      221 10 FT BONN Germany recorded Us first deficit on visible trade for 10 years in ApriL, underlining how German unity has led to a surge of imports in a country which last year registered the world's highest current account surplus. The 1.4 billion
      FT  -  221 words
    • Article
      Lock icon India in serious financial crisis: World Bank
      442 10 Reuter WASHINGTON India is facing "one of its most serious crises of recent times" as it struggles to fill a large financing gap and keep payments on foreign debt up to date, says a World Bank official. "Although India (has) up until now
      Reuter  -  442 words
    • Article
      Lock icon China ready for new wave of economic reforms
      261 10 UPI WASHINGTON The Chinese government, helped by a big crop, is prepared to further deregulate agricultural prices and is now in a position to launch a "new wave" of economic reforms. World Bank vice-presi-dent for Asia Attila Karaosmanoglu said on Monday that
      UPI  -  261 words
    • Article
      Lock icon Taiwan faces uphill battle to reduce Japanese influence
      549 11 Former colonial power's clout causing friction AP TAIPEI Japan's occupation of Taiwan ended almost half a century ago but Taiwanese say their former rulers have returned as aggressive businessmen and now have a hold on the island's economy. "No other foreign products
      AP  -  549 words
    • Article
      Lock icon EC overtakes US in attracting foreign investment
      265 11 FT LONDON Direct investment into the European Community has overtaken that into the US over the past year, according to the Bank for International Settlements. The change reflects the slowdown in the US economy, which has reduced the attractiveness of the country to
      FT  -  265 words
    • Article
      Lock icon Moscow facing financing problems, says BIS
      250 11 FT LONDON The Soviet Union faces "acute external financing difficulties" as it moves to reform its economy, says the Bank for International Settlement. By the end of last year, the country's external bank debt was more than US$33 billion (5558.7 billion), up from US$5.3
      FT  -  250 words
    • Article, Illustration
      Lock icon Korean economy thrives amid political chaos
      404 11 FT SEOUL South Korea's students and dissidents are on the streets protesting. Cabinet ministers have, since December, been replaced at the rate of more than three a month. But the Korean economy, amid the confusion, is expanding strongly. First-quarter figures released at the end
      FT  -  404 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      131 10 This announcement appears as a matter of record only BANK O PACIFIC U5529,000,000 REVOLVING CREDIT FACILITY Arranger SCHRODER INTERNATIONAL MERCHANT BANKERS LIMITED Guarantor Banks Lead Managers BANCA NAZIONALE DELL'AGRICOLTURA, HONG KONG BRANCH CREDITO ITALIANO, HONG KONG BRANCH Co-Lead Managers BAYERISCHE VEREINSBANK AKTIENGESELLSCHAFT, HONG KONG BRANCH KOREA INTERNATIONAL MERCHANT BANK, SEOUL
      131 words
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      Page 10 Advertisements Column 2
      138 10 iThe money coupon below is worth $20,000 in our BT Investment Race Contest #3. Cut it out and collect the coupons daily-fromJune lOto 14,1991 for a total value of $100,000. In the June 15, 1991 issue of Business Times, you will find a Contest Entry Form. On the Contest Entry
      138 words
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      Page 11 Advertisements Column 1
      195 11 lour UPS Parcel Has Started To Clear Customs. Fl_ r K_ Bfl Before It's Cleared For Take-Off. By the time your express parcel or document takes off to its international destination, the process of customs clearance has already begun. Before it arrives, our local customs experts will know when to
      195 words
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  • Article
    Going smoke-free on all flights
    485 12 EDITORIAL SMOKING or no-smoking section? That question could be a thing of the past if international aviation authorities heed a recent call by three US groups to put a global smoking ban on all international flights. It was not a voice from the loony fringe,
    485 words
  • WHAT THE OTHERS SAY
    • Article
      Misreading the signs
      230 12 PRIME MINISTER Goh Chok Tong's recent remark that he was in favour of putting up multi-lin-gual signs at selected public places to give the city an Asian "feel" cannot but leave many wondering why the issue, generally thought to have been laid to rest, is being given
      230 words
    • Article
      Upgrading the legal service
      156 12 IT IS crucial for a global city like Singapore to have an efficient and effective legal service. The on-going physical expansion of the Supreme Court and re- eruitmcnt of more judicial commissioners (JCs), magistrates and judges are some of the key measures in coping with a
      156 words
    • Article
      Onto a healthier path
      137 12 THE general impression is that Singapore's monetary policies, including those for the Stock Exchange of Singapore, are very well regulated. Needless to say, in a free enterprise environment, it is easy to attract genuine investors as well as speculators. But we can say that because there
      137 words
  • REGIONAL VIEWPOINTS
    • Article
      One more task for Suharto
      141 12 PRESIDENT Suharto led his country towards solid national stability and impressive economic growth. Under his leadership, Indonesia has become self-sufficient in rice when for so many years it had been the world's greatest importer of the staple food. Now he has brought this nation to
      141 words
    • Article
      Tough action the only way
      222 12 A SMALL item in the news last week could bring a little bit of relief to Bangkok's street users. The Cabinet has reportedly approved Prime Minister Anand Panyarachun's proposal to study measures to make motorcycling safer by requiring motorcyclists to wear crash helmets and observe
      222 words
    • Article
      Look beyond Cambodia
      133 12 WITHOUT a genuine common desire on the part of China and Thailand to cooperate and help push for an early settlement, the Cambodian conflict may drag on until the next decade. At the same time, fewer and fewer outsiders will care about Cambodia anymore because peace is
      133 words
  • Article, Illustration
    Thai airport project gets the all-clear
    889 12  -  In the second article in a series of BT features on Thailand, Rahita Elias, who was in Bangkok recently, gives an update of the country's airport project Rahita Elias, Thailand's airport project at Nong Ngu Hao is finally taking off after nearly three decades
    889 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      275 12 Our Recipe For Success Makes Perfect Scents. First, take a spoonful of Sheraton Cuisine It's our unique way of blending fresh natural ingredients with Asian spices to create light, exotic and delicious dishes. TURBOT FILLET GRILLED WITH VEGETABLE VINEdRETTE Mix with The Heritage restaurant for outstanding world- 100 4 fresh
      275 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Tell investors what's happening
      1552 13  -  Loretta McLaughlan tells how good investor relations can protect firms from the SES sabre Loretta McLaughlan IF NOTHING else, stockmarket events of the past week or so have proved that listed companies must take their obligations to the investing public seriously. Half-yearly announcements plus an occasional
      1,552 words
    • Article
      Lock icon NYSE must act to curb business loss
      495 13  -  Floyd Norris explains how the Big Board can regain its dominance Floyd Norris NYT JUST over 199 years ago, a group of securities brokers, suffering from competition and a crash in prices, made a deal to fix commissions and set up a cartel
      NYT  -  495 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      231 13 igg MW By&fe; KM JUv -f c L>w^ HMHH I hami MMlAHHBllV^^Hi^l^^BiiMlflißVl |L ffi- il^p^^3wv3HPflNM£^li«SHHiHHH^Hii^HHl Gateway to Europe. From 1993, Europe will be the world's on the extensive network of our five DG BANK GZB (Asia) Ltd., 6 Battery largest single economic region and yet a European sister institutions, with
      231 words
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  • THE LAW PAGE
    • Article, Illustration
      Oiling the wheels of justice
      835 14  -  The changes to Supreme Court procedures announced over the weekend are likely to sharpen the courtroom expertise of lawyers. David Gabriel reports David Gabriel THE new Chief Justice, Mr Yong Pung How, is now some nine months into his job as head of the judiciary.
      835 words
    • Article
      Judge casts doubt on 1968 High Court decision
      387 14 JUSTICE Chan Sek Keong took an opportunity that arose in a case involving contract law to make critical observation on the judgment of Seow Kim Doi v Wei Yin Chen. That case was decided in 1968 by Justice Choor Singh. The issue
      387 words
    • Article
      Architect wins case against developer
      312 14 CASE WILLIAM LAU WAI MUN v HOLLAND GROVE ENTERPRISE PRIVATE LIMITED. High Court of the Republic of Singapore, Suit No 9000 of 1984 Justice Chan Sek Keong. The issue before the court involved a contract between an architect, the plaintiff, and the developer of a
      312 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      123 14 CRUISE-TO-NOWHERE JUNE SCHOOL HOLIDAY SPECIALS! SUPER SAVINGS:: C(\CL discountforcw /C under 12 ytm oftgt P 2D Cruise-to-Nowhere AA °ep iune 13,20 &27 F™ *200 Kg Weekend Cruise-to-Nowhere y Dep June 14,21 &28 rom First class amenities onboard:' Casino Blackjack, Roulette. Baccarat Karaoke Disco Jacuzzi Sauna PRINCESS x Fitness Room Children's
      123 words
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      Page 14 Advertisements Column 2
      96 14 I I I 1 1 "t 1 I CLOSING DATE FOR I 1 SENTOSA GOLF CLUB NEW MEMBERSHIP I I The Sentosa Golf Club will be closing its membership I I applications on 1, July 1991. All application forms are to reach I the General Manager, Sentosa Golf Club by
      96 words
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  • SPORTS
    • Article, Illustration
      Mad dogs and Englishmen in the mid-day sun
      743 15  -  Singapore's Davis Cup players are toughening up for their tie against Hongkong. Steve Mflakov reports Steve Milakov Steve Milakov is a free-lance writer NOEL Coward's tongue-in-cheek observation about his countrymen couldn't be truer. But this time it's the talented Hongkong Davis Cup
      743 words
    • Article
      Lock icon Andrade carries hottest streak into US Open
      399 15 AP CHASKA, Minnesota If some seasoned pros were using the Buick Open as a tuneup for the US Open, then the tournament has served its purpose. The Buick Open definitely pointed to flaws that need correcting for such US Open favourites as Hale
      AP  -  399 words
    • Article
      Lock icon Date upsets Rehe
      131 15 AFP BIRMINGHAM Japan's Kimiko Date pulled off the first shock of the Dow Classic women's grasscourt tournament in the opening round here on Monday. She upset Stephanie Rehe, the number 14 seed from the United States, with a 6-4, 2-6, 7-5 victory. Pam Shriver, seeded two places
      AFP  -  131 words
    • SIDE LINES
      • Article
        Foreman considers offer to fight Tyson
        97 15 NEW YORK George Foreman is apparently mulling over a US$l5 million (5525.5 million) offer to fight Mike Tyson, which seems to hinge on whether Tyson can agree on a deal to take on heavyweight champion Evander Holyfield. A spokesman for Tyson's promoter, Don King,
        97 words
      • Article
        Gibraltar accuses Spain
        86 15 GIBRALTAR Gibraltar, which had hoped to take part in next year's Olympics Games in Barcelona, has accused Spain of trying to block its application to join the Olympic movement for political reasons. A delegation from Gibraltar Sport is in Birmingham, England, this week to put its case
        86 words
      • Article
        Support for S Africa
        64 15 LONDON Athletics chief Primo Nebiolo yesterday reaffirmed his support for South Africa's return to international competition in time for the Wodd Championships in August in Tokyo. The president of the International Amateur Athletic Federation was responding to statements from black British athletes, who feel that August
        64 words
      • Article
        Bates batters Pate
        77 15 LONDON Jeremy Bates, Britain's top-ranked tennis player but only 219 th in the wodd, beat American David Pate 6-4, 6-2 on Monday in the Queens Club tournament. In a rain-in-terrupted game, Bates outgunned the American who last year went past Frenchmen Henri Leconte and Guy Forget and
        77 words
      • Article
        A boost for athletics
        67 15 LONDON Holding world track championships every two years instead of four would boost the sport's image, highlight athletes better and produce more money for poor federations, according to World Track President Primo Nebiolo. A proposal to stage the World Championships more often will be put to
        67 words
      • Article
        In and out
        58 15 BIRMINGHAM Women's Softball is in and the three-day equestrian event is out for the 1996 Olympic Games in Atlanta. The executive board of the International Olympic Committee gave its backing on Monday to a series of changes in the programme for Atlanta. The recommendations go to the
        58 words
  • Page 15 Advertisements
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      155 15 MOST AIRLINES CAN TAKE CARE OF YOUR CARGO NEEDS. BUT WHO TAKES CARE OF YOUR CARGO AS WELL? F il ffl K wk -jW i THAI CARGO. YOU CAN DEPEND ON US. While most airlines can take your cargo just complexes, Thai Cargo has all the facilities to safely handled
      155 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      956 16 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE ftp** Retreat into a world of classical charm Create traditions. Indulge in English tea or evening cocktails. Enjoy the repertoire of our string quartet or solo pianist. Experience Hyatt Regency Singapore's new Scotts Lounge.
      956 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      655 16 TELEVISION AND RADIO T««*% U IIAO ~m*. X IM ,SSAI (M business ON RADIO JJOII J U3.11 DllieS j5 <u as mss.—"*™ 1 ,#3 szzszr 1 T i* «•S-SSSS- TV 1 S?mT ,1,,r jis-r Ftnanaal News Private Life of Don Juan 559 pn Naadaca Araacam (T) 4.15pm, 10.45pm: Business The
      655 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Which Robin will win the people over?
      613 17 He's been called the Prince of Sherwood forest, a vagrant and England's first socialist. Two film updates of the legend may add to this list The Economist TO QUOTE a thousand tourism officials, Robin Hood and his merry men are England's "most enduring
      The Economist  -  613 words
    • Article
      First time lucky for Kam Cheng
      329 17 CHATTERBOX KAM CHENG never waited tables. She doesn't have blisters on her feet from pounding the pavement to countless auditions. And she's never had a bit part in an offBroadway play. So what's this 22-year-old doing sharing the female lead role in the Broadway
      329 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      227 17 AND ENTERTAIN ?€urry Pot^Mpl# Spice up the .-'f*ixotic India at 8 June to 30 June 1991. PriciiLw $18 50++: ?i^^S^^^ 'j Ltmclj buffet from 12 Dinner buffet from 7 to 10 pm. 1 Experience India both culturally and culinary! JBNjSjffi W 'Pfj ,y A j-yr Jtatf \lf, iim in Look
      227 words
    • Advertisement
      Page 17 Advertisements Column 2
      68 17 'Fatfu i 'A yjieclal at China China 16th June 1991 Happy Family Set for I MM 10 persons at $368+ 6 persons at $228+ 4 persons at $148+ Complimentary 1 kg cake and fragrance for all dads. rr For reservations, please call 322-4228/9 You dim'l have to be a member
      68 words
    • Advertisement
      Page 17 Advertisements Column 3
      104 17 Europe is our strength ■j-j. WBKM^a I i wk ■■m i^mm^s Did you know that SAS provides service to all of Europe? It's true. From Amsterdam to Athens, SAS and our airline partners can fly you to and between every major business centre in Europe. Better still, we can get
      104 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks affected by SES move stage recovery
      4870 18  -  By Chew Eng Han MOST STOCKS affected by the recent Stock Exchange of Singapore (SES) crackdown staged a recovery yesterday, as the Straits Times Industrials Index rose 8.69 points to close at 1,538.31. Amcol Holdings recovered eight cents to $1.88, up from Monday's
      4,870 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4271 19 Main Board SIA Foreign I *>40 30 1.6% Keppcl Corpn 775 *25 3.3% OUt 765 +20 2.7% OCT 242 19 »8.5% Singnianne 50* 535 15 2.9% DBS Foreign 1450 10 +0.7% SIA 1350 10 10.7% Semh Shipvard 710 10 *1.4% Prima 575 10 f 18%
    4,271 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      488 20 Company Date Year Group Net Net earnings Cross ann to profit/toss (L) per share dividend ('000) (cents) Htap Moh lun 10 Dec 90 $2101(5199b) 88(83) 5(5) Nat Hap lun 7 Dec 90 51 465(51 305) 12 7(12 4) 6TE(6TE) Tonho* Ind tun 7 Dec 90 $l,286l($44L) —(2) Bonvests
      488 words
    • Article
      PRELIMINARY RESULTS
      145 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend COOO) (cents) GB Hldgs Jun 10 Mar 91 $9951(513.105) 99(132a) lOTE(lOTEa) MAA Jun 4 Dec 90 M52.016(5839) 4.5(15) Murata May 31 Mar 91 51 552f(41 687f) 135 3(85 6a) 30(27 3a) General Corpn
      145 words
    • Article
      INTERIM RESULTS
      154 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (•000) Pacific Can Jun 3 Mar 91 $30(5681) Van der Horst Jun 3 Mar 91 S1.S17($1,836) KL Kepong May 31 Mar 91 M545.437(554.588) NYA(5) Wearnes May 29 Mar 91 521.878(528.406) 7(7) C4C May 17 Mar 91 $49.453(546.270
      154 words
    • Article
      CORPORATE DEVELOPMENTS
      415 20 June 10 Inchcape Bhd has acquired Waleta (Singapore) Pte Ltd. a pharmaceutical products distributor, for $6.52 m. L&M Group Investments has reduced the subscription price for its TSRs to $1.04 from $1 25 The adiustment takes effect from June 27. 1991. Lum Chang Holdings is going into a
      415 words
    • Article
      DIVIDENDS ANNOUNCED
      1061 20 Current Ex Books Date TotaJ tor Total (or payment date close payable the year last year Acma 5%TE Jun 5 Jun 17 Jul 1 10%IE AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 28c Bousteadco 4% May 15 May 27 Jul 8 7% 5 4%(j) C&C 5%(l)
      1,061 words
    • Article
      RESULTS DUE
      928 20 Main Board Last Full Year Company Period Date Year Net EPS Gross Net anrxxnced endng (cents) cftw profit last year (S'000) Cerebos Interim Apr 27 Jul 91 126 20 OTE(a) 38.911 j Spore Land Interim May 4 Dec 91 126 10.0 44 641(g) Avroo Interim Jun 8 Sep
      928 words
    • Article
      APPROVED ISSUES
      441 20 Company Rights Issue Ate on) One-for-two <« MJ1 00 per share issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with I TSR tor every 4 CRPS Ex-date Jun 7 Books
      441 words
    • Article
      BONDS, LOANS & WARRANTS
      865 20 BONDS, LOANS WARRANTS Company Cwmrilw period Convonioo torn lor oh orAury share Bmfl Nt Before 30 6/94 1 warrant plus HK$1 00 cash CftC Nt Before 26/4/93 1 warrant plus (3 09 cash Causeway Loan Causeway Nt 2/10/89 to 20/10/94 1 warrant p4us $0 77 cash or 1 warrant plus
      865 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1027 20 Prices as at 11.06.91 Conversion terms Premium/ Expiry f (discount) r r Amount Optional** using issued r Company (mil Wrts Share Loan Conv Exer Lnstfc Cash Cash Loan Gearing Date Mths units) stock ratio price nom Sth. Left value S S S Burw.ll 115 2 0
      1,027 words
    • Article
      PROPOSED ISSUES
      478 20 Company Rights Issue Bolton One tor-four (a M$2 00 per share Issue ot $90 978m nominal amount of 35* Redeemable Unsecured Guaranteed Bon<fc 1991 with *****m detachable warrants on the basis of $2 nominal amount of Bonds for every three existing shares held Every $2 nominal amount of
      478 words
    • Article
      COMPANY MEETINGS
      261 20 Bedford Bhd: 67th AGM at the Conference Room. 14th Floor, Bangunan Hong Leong, 117 Jalan Tun HS Lee. ***** Kuala Lumpur on Thursday, Jun 13, at 2.30pm. Berjaya Corpn (M) Bhd: EGM at the Banquet Room, Kelab Darul Ehsan, Taman Tun Abdul Razak, Jalan Kerja Air Lama. *****
      261 words
  • Page 20 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Selective bargain-hunting props up prices
      4230 21 Bernama BARGAIN-HUNTING activity and speculative interest in the afternoon helped share prices in Kuala Lumpur to finish slightly higher yesterday after a lacklustre morning session. The K.LSE Composite Index recovered from the day's low of 617.35 to close 3.17 points higher at 621.71 while the
      Bernama  -  4,230 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      39 21 Why women dm'tget enough bve mmm V": ■■'■if' \-f•.■££■>< >• Wi w it rv¥ r ■>:• :<■ w :>•. x i If I I| > §1 oJiWm, The New Paper I today. The lotest news and much more. From lunch-time. Monday to Saturday. I.mot.mSmmßk*
      39 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Bargain-hunting sends Nikkei edging up
      2218 22 Reuter TOKYO STOCKS yesterday closed firmer after a thin day's trade. The weak yen had done the worst of its damage on Monday, and soft bond prices were counterbalanced by a timid, bargainhunting return by institutional and individual investors after Monday's slump, brokers said. "The
      Reuter  -  2,218 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng Index inches up 10 points in another dull day
      1917 22 Reuter HONGKONG stocks yesterday finished the day stronger but off their highs in thin trade with the blue-chip Hang Seng Index up 10.29 points to 3,631.48. "It tended to drift away again in the afternoon. There's nothing really exciting
      Reuter  -  1,917 words
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  • REGIONAL STOCK MARKETS
    • Rush for gold stocks lifts Aussie shares
      • Article
        AUSTRALIA
        810 23 HIGH BULLION prices prompted an international rush on Australian gold stocks, pushing the Australian share market to a stronger close yesterday. Brokers said the charge on gold was aided by global concern over inflation, this weekend's Russian election and institutional re-weighting of portfolios to include gold. "Institutions have been
        810 words
      • Article
        NEW ZEALAND
        139 23 SHARE PRICES in New Zealand drifted lower on light volume as investors' attention was directed off the mar- ket to news of Telecom Corp's public share float. The Barclays Index fell 12.10 points to 1,436.80. The size and pricing of the float 420 million shares to be offered
        139 words
      • Article
        BANGKOK
        833 23 THAI stock prices finished lower in moderate trading yesterday, with the Securities Exchange of Thailand (SET) Index closing at 813.41 points, down 8.19 points from Monday's close. "Selling pressures dominated the market since the session opened, though some shares received strong buying support," said Pisanu Wichitehonlachai, a broker from
        833 words
      • Article
        JAKARTA
        606 23 JAKARTA stock prices barely changed, with the index easing to 390.36 from Monday's revised 390.51 but turnover up to 3.33 million shares from 2.29 million. Brokers said the market was dull in the absence of strong foreign interest. Jakarta Rupiah YoKDO) June II Abda 2100 Ahap Insurance 4300 50
        606 words
      • Article
        TAIPEI
        470 23 TAIWAN share prices ended mixed in quiet, narrow trade as investors lacked interest as there was no major news to inspire the market, brokers said. The weighted index ended 1.47 points lower at 5,851.16 on light turnover of NT536.37 billion after Monday's NT541.66 billion. Industrials rose slightly, financials fell.
        470 words
      • Article
        MANILA
        487 23 PHILIPPINE shares yesterday closed slightly higher, but gains were limited as investors lacked the capital to boost the market, brokers said. The Manila Stock Exchange Composite Index gained 4.14 points to end at 1.150.68 from Monday's close of 1,146.54. "Investors are staying on the sidelines until they have enough
        487 words
      • Article
        SEOUL
        871 23 SEOUL STOCKS yesterday gained slightly for the second consecutive day on continued intervention by the Stock Market Stabilisation Fund (SMSF) but trade remained lethargic, brokers said. "The fund's intervention might help change investors' attitudes and get them to stop selling for the moment but it is not likely to
        871 words
      • Article
        Untitled
        161 23 Wellington NZ Cents VoKTO) June 11 Air NZ 150 unch 122 ANZ Banking 435 5 25 Bank Of NZ 73 -2 4365 i Baycorp unch Brierley Inv 114 unch ***** Carter Holt 154 -2 5155 Cavalier 180 unch 1120 Ceramco 127 1 111 Cityrealties 25 3 123 Corp Inv 88
        161 words
      • Article
        INDICES & TURNOVER
        97 23 INDICES TURNOVER Close Previous June 11 SYDNEY All Ordinaries Index 1486.0 1.477 5 f 8.5 All Industrials Index ***** 2.298.8 -2.3 All Resources Index 865.6 850.8 i-14 3 Turnover (million) 119.03 91.36 f 27.67 BANGKOK SKT Index 81.1.41 821 60 -8 19 Turnover (million baht) 3.200 3.300 -M0 JAKARTA Composite
        97 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        361 23 In local currency In S$ In US$ day H year day S year S day year June 10 Index change change change change change change World 410.0 -0.3 14.5 -0.5 10.9 -0.9 8.2 |EAFE 534.8 -0.8 13 8 -1.0 6.7 -1.4 4.1 Europe 437.9 00
        361 words
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  • WORLD STOCK MARKETS
    • Dow falls over interest rate concerns
      • Article, Illustration
        NEW YORK
        1138 24 NEW YORK stock prices moved in a narrow range on light volume on Monday as many traders stayed on the sidelines amid deepening concerns over the recent surge in long-term interest rates. The Dow Jones Industrial Average crept down by 1.34 points, to 2,975.40, while the Standard Poor's
        1,138 words
      • Article, Illustration
        LONDON
        766 24 SHARE PRICES ended higher on London's Stock Exchange on Monday, due to renewed optimism about interest rate cuts in the near future. The market took encouragement from a Confederation of British Industry survey indicating that average pay settlements in manufacturing showed their biggest fall for more than a decade
        766 words
      • Article
        FRANKFURT
        261 24 GERMAN SHARES on Monday recovered from their early lows after investors swooped into the market to pick up stocks at bargain prices. Dealers said trade was on the whole quiet, after losses in the US on Friday and in Tokyo on Monday. "Some demand came in as prices eased
        261 words
      • Article
        MILAN
        239 24 SOME Italian stockbrokers, amongst them some of the larger brokerage houses, said they would ignore a call to strike on Monday issued by their national association and seek to work as normal. Officials at the Milan bourse said no decision had been taken as at 0730 GMT on whether
        239 words
      • Article
        AMSTERDAM
        286 24 DUTCH SHARES on Monday closed a little firmer, having eked out a miserly gain on thin trade since lunchtime. Investors were listless, preferring to stay on the sidelines waiting fresh incentives. dealers said. The CBS General Tendency Index closed 0.2 firmer at 94.9, having been as low as 94.4.
        286 words
      • Article
        Untitled
        121 24 Brussels June 10 Francs FORWARD MARKET Acec 2625 35 Arbed 4420 30 Astur 1040 Brascan 602 8 Canpac 628 unch Cock 189 I lie Beers 830 2 Ebes 8400 Gb-lnno-Bm 1412 -6 Gevaert 7140 unch Gr Bru Lamb 3780 15 Hobok Petro ***** 50 Ryl Dutch 2895 5 Sidro 1760
        121 words
      • Article
        ZURICH
        347 24 SWISS shares on Monday closed lower in lacklustre trading as no new factors emerged to bring an end to the recent consolidation, dealers said. The AllShare SPI index, which fluctuated in a narrow four-point range throughout the session, closed six points easier at 1,114.8. The SMI index of leading
        347 words
      • Article
        Lock icon TORONTO
        339 24 Agencies TORONTO blue chips on Monday closed near the day's low while the broad market ended mixed in thin trade, dealers said. The market traded in a narrow range most of the day following an early round of profit-tak-ing among a few selected sectors, they added. The TSE-300 closed
        Agencies  -  339 words
      • Article
        PARIS
        362 24 THE PARIS BOURSE ended a dull session on Monday with trimmed losses as both buyers and sellers shunned a directionless market. "The market is down, but not with any great conviction," one dealer said. "There is no strong selling pressure, but people are only nibbling on the buy side."
        362 words
      • Article
        JOHANNESBURG
        356 24 GOLD SHARES closed sharply higher on Monday, after the bullion price rose further to around US$373 an ounce, dealers said. Shortly before the close, the JSE AllGold Index was 64 points up at 1417, while the Industrial Index was two point up at 3684. The All-Share Index also rose
        356 words
      • Article
        INDICES & TURNOVER
        82 24 INDICES TURNOVER NEW YORK Clmc Previous June 10 Dow Jones NYSE Financial SAP 500 Turnover (million) 2,975.40 2,976.74 154.31 155.30 378.57 379.43 127.7 168.1 -1.34 ■0.99 -0.86 -40.4 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,964.4 2,511.9 372 1.955.2 2.506.3 393.8 9.2 5.6 -21.8 AMSTERDAM CBS Tendency Index 94.4
        82 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Profit-taking pushes down US$ against yen in Tokyo
      1176 25 REPORTS ASIA TOKYO: The US dollar yesterday closed slightly easier on profit-taking and corporate selling. Yen buying in cross trading also helped push the dollar down against the yen, dealers said. The threat of Bank of Japan (BOJ) dollar-selling weighed on the
      1,176 words
    • Article
      INTERBANK FOREX RATES
      389 25 Cross rates June 11 USS SS MS Dm Yen SFr AS NZS USS 1.7820 2.7775 1.7680 141.40 0.5988 1.5090 1.3280 1.7346 SS 0.5612 1.5586 0.9921 0.7935 0.3360 0.8468 0.7452 0.9734 MS 0.3600 64.16 0.6365 0.5091 0.2156 0.5433 0.4781 0.6245 Dm 0.5656 1.0079 1.5710 79.98 0.3387 0.8535 0.7511
      389 words
    • Article
      MONEY MARKET
      528 25 Interbank rates S$ Bid Offer Overnight 4 7/8 5 1-month 5 3/16 5 5/16 2-month 5 3/8 5 1/2 3-month 5 1/2 5 5/8 Overnight mode: 4-7/8 USS Bid Offer 7 days 6 6 1/8 1 month 6 1/16 6 3/16 2 months 6 1/8 6 1/4 3
      528 words
    • Article
      Lock icon Italy determined to set up bond futures market
      422 25 Reuter MILAN Italy is determined to push ahead with plans for its own futures market for government bonds, despite news the London International Financial Futures Exchange (Liflfe) will launch a contract next Sep 19, bankers and dealers say. In a sign of
      Reuter  -  422 words
    • Article
      Lock icon Poland likely to introduce new zloty next year
      228 25 Reuter BASLE, Switzerland Poland will probably reform its currency in 1992 and introduce a new heavy zloty, Grzegorz Wojtowicz, president of the National Bank of Poland, said last Sunday. "I believe it will be possible to do the operation next year, taking
      Reuter  -  228 words
    • Article
      FINANCIAL FUTURES
      1181 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 93.76 93.76 93.74 93.76 1962 ***** 651 Sep 91 93.43 93.44 93.42 93.43 4930 ***** 6106 Dec 91 92.83 92.84 92.81 92.82 3125 ***** 4739 Mar 92 92.62 92.62 92.59 92.60 1225 7897 664 Jun 92
      1,181 words
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  • COMMODITIES
    • Article
      Lock icon Oil prices will rise in third quarter: Subroto
      434 26 Reuter SALAMANCA, Spain Opec secretary-general Subroto said on Monday he was optimistic demand for oil would revive and prices would head towards the organisation's USS2I (5535.70) reference price towards the end of the year. Predicting an oil price upturn in the third
      Reuter  -  434 words
    • Article
      Lock icon Iraq plans to raise oil output to 1m bpd by year-end
      272 26 AP NICOSIA, Cyprus Iraq is producing 700,000 barrels of oil a day as it patches up its war-damaged oil industry and expects to reach its prewar output level by the end of next year, the Middle East Economic Survey
      AP  -  272 words
    • Article
      More offerings further depress KL tin price
      818 26 REPORTS CONTINUED high offerings by miners sent the price of tin easing another four sen to M$ 15.46 per tonne on the Kuala Lumpur Tin Market yesterday. Dealers said the metal eased US$55 per tonne on the London Metal Exchange overnight on market
      818 words
  • Article
    PRICES
    1365 26 Rubber June 11 RAS (fob hi baits) S cents/kg Noon Close Int 1 RSS Prompt 146 25/I47.25N 146.00/I47.00N Int 1 RSS July 91 147.75/148.25 147.50/148.00 Int 1 RSS August 149.75/150.25 149.50/150.00 Int 2 RSS OP 146.50/148.50N 146.50/148 SON Int 3 RSS OP 144.50/146. SON 144 50/146.50N Int 4 RSS
    1,365 words
  • Page 26 Advertisements
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      749 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 PAX: 734-4982 CAPITAL I INVESTMENT We are currently seeking capital investment for H a proposed export abattoirs with downstream processes. We identify these processes as: Exporting beef and sheep meat =Z Casing factory Manufacturing meat meal Fel Mongering (processing sheep skins to II the blue chrome
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      669 26 In The Matter of The Companies Act Cap 50 And In The Matter of EIGHT INVESTMENTS PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 220 Orchard Road #05-01 Midpoint Orchard Singapore 0923
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      Page 26 Advertisements Column 3
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    975 27 City Flight ETA Flight ETD City Flight ETA Flight ETD Aha Dhabi GA895 1235 MH542 1450 1 COK MH641 cni in 1315 1 AAC\ Adalaid. QF81 2000 QF82 SQ227 2200 2245 MMtX/y SQ 111 MH/SQ 1DZD 1705 1800 Dy 1 1 U SQl 12 QF031 1545
    975 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Patching up their heritage
      525 27  -  POSTCARD FROM VIETNAM By Kathleen Callo VIETNAM is trying to save its old imperial capital Hue, which has been torn and scarred for four decades by war, fire and typhoons. Hanoi's communist government is hoping that growing ties with the West will bring the money it
      525 words
    • Article
      MONEY CHANGER RATES
      150 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.336 I.3S6 Canadian dollar 1.543 1.S63 NZ dollar 1.015 1.045 Sterling pound 2.965 2.995 US dollar 1.7770 1.7870 Local dollars to 100 units of foreign currency Austrian schilling 14.00 15.00
      150 words
    • TRAVEL SLICES
      • Article
        Bicentenary of Faraday's birth
        173 27 BRITONS are celebrating the 200 th anniversary of the birth of Michael Faraday, the self-educated blacksmith's son whose discoveries formed the basis of today's electric conveniences. London's Science Museum will open a six-month exhibition on Friday about Faraday's discoveries, which led to electric transformers, generators, motors,
        173 words
      • Article
        Another reason to love London
        54 27 MOST visitors to Britain love the country and its people but. apart from breakfasts, are often singularly unimpressed with food standards there. If you are of this opinion, dine at the Four Seasons Restaurant at the London Hotel. Some diners describe the cuisine of chef
        54 words
      • Article
        The most elegant Swiss hotel
        98 27 THE most elegant business hotel in Basle, Switzerland, has to be the Drei Koenige Am Rhein (8, Blumenrain, tel: 061-255-252) of the Leading Hotels of the World Group. It was built in 1026 and it was totally rebuilt and refurbished in 1983. The hotel (its
        98 words
      • Article
        Take a Black Forest cure
        70 27 FOR those who can take a weekend break from business appointments while in Southern Germany, a couple of days at the famous Brenner's Park Hotel in Baden-Baden will give you a new lease of life. This remarkable Black Forest spa offers the ultimate in rest
        70 words
    • Article
      WORLD TRADE EXHIBITIONS
      66 27 Duration Title Venue Organiser Td Duration Title Venue Organiser June 11-14 Maritime Offshore Skoyen. Norges Varcmesse *****8080 June 9-16 Poznan Poznan, Foire *****1221 International Norway International Poland Internationale Shipping Fair De Poznan Exhibition Conference June 11-14 International Germany Mode-Woche 89/***** June 13-16 International Padua. E.A Fiere Di
      66 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      40 27 Apart from 35 European cities, Finnair Oslo flies to Norway. With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Berlin to Bangkok. Call *****77 for details. Iff' We know Europe from start to Finnish
      40 words
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      Page 27 Advertisements Column 2
      120 27 Scalpel...scissors...sutures.„ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. In the same way a surgeon needs his tools to
      120 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      295 27 Sphere ■H~~ Hi party chief (6) the seat and resist change HI 9 Apprehensive of a foreign iy j 10 Subterranean passage the process of construction 12 To drill for oil is a nuisance 13 Paid a pound for hammer 14 Tale with a twist it (4) llfl 17 Courteous
      295 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      211 27 Singapore Outlook: Showers over several areas in the late afternoon and early evening. Report: Maximum temperature 32.4 Assoc humidity 68% Minimum temperature 27.3* Assoc humidity 88% Hours of sunshine 7.90 Rainfall in mm Trace Rainfall this month 87.9 Rainy days this month 4 World report Asia-Pacific Hi/Lo* Cond. Auckland 15/07
      211 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      37 27 (LEAVE. *TH£M WITH ru. Pkjt Tuern lIV A SPVFCI BKiSTOOJ BCRDRE I LEAve For") TuiMAT a S^Tvs^ r L>/OU My »*>UPAYS TVCRC ARC OR TUJO ivtiMGS w e&z i dwt GET \1 EVENING STANDARD CO LTD. MMM
      37 words
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  • Article, Illustration
    KL's post-NEP economic plan to take different tack
    400 28 More popular and pragmatic blueprint to be presented: Anwar MALAYSIA'S next Outline Perspective Plan, to be presented to Parliament later this month, will be more popular, more pragmatic and avoid the quantitative goals that marked the country's New Economic Policy, Malaysian Finance
    400 words
  • Article
    Lock icon Final two rounds of Indian polls to be held this week
    329 28 AFP NEW DELHI The final two rounds of India's staggered general elections, postponed for three weeks after the assassination of former premier Rajiv Gandhi last month, will take place today and Saturday. The autonomous Election Commission has issued elaborate
    AFP  -  329 words
  • Article
    Lock icon Japanese banks admit mistakes in overheating economy
    316 28 AFP TOKYO Japanese banks criticised themselves yesterday for their role in overheating the country's real-estate sector and stock market while implicitly apologising for a series of controversial loan scandals. "We have behaved in many ways that require self-examination," said Kenichi Suematsu, the chairman
    AFP  -  316 words
  • Article
    Lock icon Jakarta urged to do more to develop private sector
    242 28 Reuter THE HAGUE Dutch Development Cooperation Minister Jan Pronk told a meeting on aid to Indonesia yesterday that the country should do more to develop its private sector. He praised Indonesia's economic restructuring efforts and last year's 7 per cent growth
    Reuter  -  242 words
  • Article, Illustration
    Lock icon Beijing seeks role in Cambodia peace plan
    368 28 AFP BANGKOK Chinese Foreign Minister Qian Qichen said here yesterday that China wanted to play a part in reconciling Cambodia's warring factions. The remark came as the factions prepared for peace talks starting on June 24 in the Thai seaside resort of Pattaya
    AFP  -  368 words
  • Article
    Lock icon Phnom Penh inviting foreign bids for oil exploration rights
    250 28 UPI BANGKOK The Cambodian government in Phnom Penh has invited foreign oil companies to bid for oil exploration rights in Cambodia. The Cambodian Ministry of Industry invited the bids for both onshore and offshore exploration blocks in a letter dated June
    UPI  -  250 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      329 28 l\/l CHI —II The Richness Of Leather Handmade To Perfection. ZAOBAO J CONSULTANCY IJfe&F AWARD mVMAW FOR LOCAL WJtSStf! COMPANIES ABOUT THE AWARD management consultancy company and local company will The ZaobaoConsultancy Award for Local Companies, now receive publicity through the media and NPB Productivity in its second year, is
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      Page 28 Advertisements Column 2
      34 28 u f\/l F=! S C= I —II The Richness Of Leather Handmade To Perfection. Enjoy 1 nights in our home, on the house v ''ilf m*X- j ..s m v 4V jm M mm
      34 words
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  • Shipping Times
    • Article, Illustration
      Lock icon KCT to be floated in later part of the year
      416 29 Bernama PETALING JAYA Kelang Container Terminal, which is 51 per cent owned by Konnas Terminal Kelang, which in turn is 80 per cent owned by Kontena Nasional, will be floated "in the later part of this year", Kontena Nasional chairman
      Bernama  -  416 words
    • Article
      Lock icon Bengal Tiger Line eyes extra tonnage
      189 29 Lloyd's List MADRAS Common feeder carrier Bengal Tiger Line (BTL) is looking at the possibility of chartering in extra tonnage for its Madras to Singapore service. Marine Container Services (MCS), Indian agent for the line, said there was space for about one more vessel
      Lloyd's List  -  189 words
    • Article, Illustration
      Lock icon Cruise industry records first quarter gain of 14pc
      234 29 UPI NEW YORK The cruise industry on Monday reported a 14 per cent gain for the first quarter, compared with the prior year. The Cruise Lines International Association said about 860,000 passengers cruised aboard member ships during the first quarter of this
      UPI  -  234 words
    • Article
      Lock icon UK bars entry of Soviet research ship
      200 29 UPI LONDON The British Foreign Office on Morulay denied a Soviet research ship's application to enter British waters this month, saying elements of its research programme threatened "national security". The H Petrov, a ship allegedly capable of detecting nuclear warheads, had applied to
      UPI  -  200 words
    • Article, Illustration
      Reconstruction work starts on express rail carriages
      367 29  -  By Magdalene Phang THE US$2O million reconstruction work on carriages for the Asian version of the Orient Express rail service linking Singapore and Bangkok has started. Carriages originally built for New Zealand Railways will be modified and regauged for use on the Southeast
      367 words
    • NEWS SUMMARY
      • Article
        Eva to start Bangkok, Seoul flights on July 1
        60 29 EVA AIRWAYS, Taiwan's second international airline, will start flying on July 1 with passenger services to Bangkok and Seoul, company president Frank Hsu said. The airline is scheduled to begin flights to Jakarta, Singapore and Kuala Lumpur later in July. Rights
        60 words
      • Article
        Paying a high price for unification
        30 29 GERMANY'S new shipyards are facing a crisis. After the unification, the industry is left to face the sudden challenge of the market Page 2
        30 words
      • Article
        Finnair to cut workforce by 1,000
        34 29 IN AN ATTEMPT to put some buoyancy back into its operations, Finland's national carrier, Finnair, will cut its workforce by 1,000 by the end of 1993 Back Page
        34 words
      • Article
        Low budgets cast shadow on air show
        48 29 US FIGHTERS and bombers that mauled Iraq's military machine in the Gulf War will be among aircraft on display at the Paris Air Show which opens this week in a world of thawed East-West relations and shrinking defence budgets Back Page
        48 words
      • Article
        Aerospatiale needs 2b francs next year
        40 29 FRENCH state aircraft and missile maker Societe Nationale Industrielle Aerospatiale will need around two billion francs in capital next year and is talking with the government about bringing in a new shareholder Back Page
        40 words
    • LOG BOOK
      • Article
        Shuwaikh port plans to clear sunken wrecks
        96 30 LONDON Kuwait's Ministry of Transport is evaluating bids from salvage companies to clear Shuwaikh port of sunken wrecks, damaged cargo and container cranes, the Salvage Association (SA) said. The port has been closed to commercial tiaffic, which is being routed into Shuaiba on
        96 words
      • Article
        Emirates Airlines signs loan
        135 30 DI'BAI The national flag carrier. Emirates Airlines, is borrowing U5564.5 million to finance the purchase of a new Airbus aircraft, a company spokesman said. He said Emirates chairman Sheikh Ahmad bin Said Al-Maktoum has signed the syndicate loan agreement with four United Arab Emirates (UAE) banks.
        135 words
      • Article
        Racal bids for second system
        92 30 LONDON Racal Telecom pic said it had a 25 per cent share in Moviefone-Telecomunicacoes Digitais SA of Portugal, set up to apply for the country's second Global System for Mobile Communications (GSM) cellular mobile licence. Racal Telecom is the mobile telecommunications company 80 per cent
        92 words
      • Article
        New satellite agreement
        68 30 NLW JERSEY American Telephone and Telegraph Co's AT&T Easylink Services and Mainstream Data Inc announced an agreement that will provide a new option of satellite delivery for electronic mail messages using Very Small Aperture Terminal (VSAT) delivery. The agreement will provide ATT Easylink customers with a satellite
        68 words
      • Article
        Cypriot bulker to sail in ballast
        64 30 LONDON The refloated Cypriot ship Queen Evi will proceed in ballast to Greece under its own power, Lloyd's Shipping Intelligence Service said. After being refloated on June 8, the 103,230 dwt vessel, which ran aground on May 23 off the Libyan port of Misurata,
        64 words
    • Article, Illustration
      Lock icon A high price for unification
      827 30  -  Germany's new shipyards are facing a crisis. After the unification, the industry is left to face the sudden challenge of the market. Ute Ballay reports Ute Ballay Fairplay 'THE water reaches our W neck, they can't just let us drown." So laments Bernd Heydrich, a
      Fairplay  -  827 words
    • Article
      DAILY FREIGHTS
      1178 30 DRY CARGO freight chartering was slow to emerge on Monday with rates narrowly steady in the wake of another reduction in the Baltic Freight Index, brokers said. The BFI was marked down 11 [toints to 1,684, reflecting a generally easier tone on most routes. The US Gulf/West European
      1,178 words
    • Article
      Lock icon WEEKLY FREIGHTS
      562 30 AFP AFTF.R four consecutive weeks of progression, freight rates eased over the past week as a slowdown of activity made itself felt on the dry-cargo market. The Baltic International Freight Futures Fxchange (BIFFEX)'s Baltic Freight Index lost 62 points on the week to finish at 1.695 points. Traders
      AFP  -  562 words
    • Article
      THE SHIPPING GUIDE
      11702 38 1 his 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. Advanced dates are published for a
      11,702 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        667 45 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Keppd Wharves 1 Trans Auto 29 SOI 1106/0830 12 06/0500 Gr Concert JC 211 K31 alongside 1106/1800 I 1/91 S03 12 06/0800 14 06/1500 Hai Lee 1 H33 alongside 1106/1900 I San Luis 34 WB
        667 words
      • Article
        CONTAINER SCHEDULE
        1387 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Adrian Ms 9106 12/2000 1 11/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 Anro Aust ***** 13/1200 1 11/1500 11/1659 11/1900 2 11/1700 12/0659 12/0900 4 12/1200 12/1459 12/1700 As
        1,387 words
      • Article
        IN MALAYSIAN PORTS
        279 45 Penang Port Berth it Butterworth on June 12: 1: Dresden; 2 Timber Trader: 3: Million No 3, Sang Thai Ruby: 4: Kev Heron, 5: Gulf Bridge: 6 Aka Bhum. Penang Wharf: NB nil; CB: KD Handalan. SB Tanjung Bungah BCT. Bl: Philippines Express. 81l Kapitan Korotaev; IB
        279 words
    • Article, Illustration
      Finnair to cut workforce by 1,000 in 2 years' time
      438 46  -  The airline intends to sell off five of its own planes By Quak Hiang Whai IN AN ATTEMPT to put some buoyaney back into its operations, Finland's national carrier, Finnair, will cut its workforce by 1,000 by the end of
      438 words
    • Article
      Lock icon Falling defence budgets cast shadow on Paris Air Show
      303 46 Reuter PARIS US fighters and bombers that mauled Iraq's military machine in the Gulf War will be among aircraft on display at the Paris Air Show which open's this week in a world of thawed EastWest relations and shrinking defence budgets.
      Reuter  -  303 words
    • Article
      Lock icon Polish air traffic controllers on strike
      287 46 AP WARSAW International and domestic flights in Poland were halted on Monday after air traffic controllers went on strike to demand better pay and modern equipment. Poland has seen a wave of short-lived strikes in recent weeks. The government's economic reform policies are meant
      AP  -  287 words
    • Article
      Lock icon Aerospatiale needs two billion francs next year
      389 46 Reuter PARIS French state aircraft and missile maker Socicte Nationale Industriellc Aerospatiale will need around two billion francs in capital next year .and is talking with the government about bringing in a new shareholder, said chairman Henri Martre. "We arc in discussions with
      Reuter  -  389 words
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      Page 29 Advertisements Column 1
      240 29 /l/I ust BT shows you how every Monday. ■TOM The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities,,appointments... And snippets on Malaysia and A convenient tabloid delivered toyoueveryweek,whereever you may be. Subscribe now. And be in touch. The Straits Times Making
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      Page 29 Advertisements Column 2
      28 29 Container Schedule 17 Daly Fretghts 2 index to Advertisers 3 Shipping Guide 10.11 Sfops in Port 17 Singapore Tries 17 Weather and Sea Conditions 17 WeeWy Fre<hts 2
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      200 30 Mr® s 9. Argentine Republic Ministerio De Economia Y Obras Y Servicios Publicos Sub-Secretary of Transportation Sale of 6 vessels Decree Pen no. 775/91 E.L.M.A. (Empresa Lineas Maritimas Argentinas) H p Invites tenders to International Public Tender No. 1/91 for the sale of ships mentioned below. Future flag at purcharsers's
      200 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2398 31 JAROINI SHIPPING AGENCIES tl||f# Cantonment Row) #12 05 Southpwnt. 0208 \IIVF# *****11 TELEX NO RS 24m WiliilW TERMINAL Tel *****18 220 jIK I* BAAftfl bookings TH *****34 258 VA 4 PCSAKA SHIPPING AGENCIES SON fORT TEL: *****18 TELEX NO MA*****/WA***** SSZS PENANG TEI *****4 TELEX NO MA***** CfS TEI *****6
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      Page 31 Advertisements Column 2
      1286 31 MDEX TO ADVERTISERS Page Col I'age Col lA| I M ABC Containerline 12 I M+ R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Niels Agencies 14 1/2 Aeropak Express 9 3 Macolinc 18 3 AFS 15 2 MadjuSdnßhd 15 1/2 Ahrenkiel Liner 16 4 .MaerekLine 3 4/5 Allied-Link 16 4/5
      1,286 words
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      Page 31 Advertisements Column 3
      2154 31 [■qnMfii TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA IS DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONG REACH 19 DAYS VMMI Voy ETA j ETD 'Port "Penang Single Kelang DESTINATIONS This we«» Meren MS 9106 by i 8 6 oaoo was m P>mo CFS 1//6 2358 MBS OAK LGB MOU MEM
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      1226 32 Irottedam/I TP* v^~H VOY NO SPORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONDON EXPRESS 02/123 14/6 677 Til 3/7 KITANO 08/323 16/6 7/7 5/7 4/7 9/7 It i HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 ALL WESTBOUND P HANNOVER EXPRESS 03/324 23/6 10/7 12/7 15/7 16/7 KCLAM ft POMMGCAMO KATSURAGI 06/125
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      Page 32 Advertisements Column 2
      673 32 WMsEMJLM DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 30/6 12/7 14/7 20/7 ALSO ACCEPTING CARGO VIA SUVA 10: LAUTOKA, PAGO PAGO APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 2/8 3/8 6/8 7/8 Agents till// c SINGAPORE: 221(1011
      673 words
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      Page 32 Advertisements Column 3
      1544 32 uiuyyuig iuuch, ncuncsuny <unc it iwi I gqataAßia &emra REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE SIN ALG BCL HAM BRE ROT ANT FEL LHA (WA (VIA (VIA ALG) HAM) ROT) IV 3 i?/Ac 03/07 07/07 08/07 09/07 10/07 11/07 12/07 I «/nc 14/07 17/07 18/07 19/07 20/07 21/07
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      Page 33 Advertisements Column 1
      2224 33 S^gSteanlers Maritime Holdings Ltd Ml mSTRAITS SHIPPING WML C?. 3 Slifaport to BruMl, East Malaysia, Containers Mig Voy No ffw/ S port An Sou Ant Rot Hbf lf«f MAIHSU 9108 at OS 10 0C 12/04 27/06 30 0C 01/07 04/07 ACCEPTS M SAILS inr«fooi bay 05jo n/n io/n is/oi 02/07—
      2,224 words
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      Page 33 Advertisements Column 2
      2187 33 TO: U.S.A./PANAMA FM: U.S.AJPANAMA OA* IGB CM FOO SAW HW NIC NVC W* SAV CKI IGB OAK SP tfOM SINMO* 1(111 15/t 10/ 7 11/7 il/1 H/1 till 2t, 7 JO// UAWAN MIMIC* NA HI 1/5 1/J i/S 10/5 1»/S 20/5 17/* All ANTIC SfNATOR FCII9 M/» 17/7 U/7 «/7
      2,187 words
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      Page 33 Advertisements Column 3
      387 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel I voy Isp TSi Tiuc Ikk ORANGE OCEAN 100 ~SU) »7t "H/i umb mjto a "SB *pt I 15/$ COSMC LEADER 1 *PT 13/5 rwuuNC emu 15 ITpt 15/5 ISOPBAI "7 15/5 "I "I mem trade* il ii/i li/5 coaac
      387 words
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      Page 34 Advertisements Column 1
      560 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE IS. IQI SPORE ROAM/ADAM H'BURG BttMtN ANTWERP tfATMAM 29W8 20/6 22/7 27/7 31/7 3/1 9MUATA/ 32M8 11/7 19/» 25/1 29/1 2/J nn/U/23«8 25/> 26/'J 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO jutltct lo lnduc«m«nt Also ®cc«ptlng cargo to Casablanca. Port
      560 words
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      Page 34 Advertisements Column 2
      972 34 ift M, HANJIN SHIPPING Sport |LEH RTM ANR HAM BRV FEL 1 FEEDER VSL SW LME HAUL LGB OAK HANJIN HONGKONG 029W 13 6 30,6 1/7 2/7 2/7 3/7 4/7J HANfIN FEIIXSTOHE 00«£ IS/6 DIRECT S/7 11/7 j HANitN ROTTERDAM OI4W 18 6 6 7 7/7 8/7 8/7 9/7 '0/7il
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      Page 34 Advertisements Column 3
      1335 34 —o y "ASSTEd I cn"3"ET^^k IKL S9 «G KS6 KLG WS WT OSK NGV SMZ TYO LAX CHS BAI NYC UN WM KM W «C nt) CM m I f GLtAMY K-033 12/« IS/I IJ/J 21/« 22/6 25/1 27/6 21/t 30/6 1/7 2/7 13/7 25/7 27/t 25/7 7/1 »/l J/l
      1,335 words
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      2048 35 Z NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) -BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE-*****19 DOCUMENTATION DEPT: *****44/*****14 am AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 ■My B NEPUNE SON BHD MALAYSIA K.L.-(03) *****33, P.
      2,048 words
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      Page 35 Advertisements Column 2
      1042 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND —DISCHARGING WESTBOUND— LOADWG TRANSHPPED VIA ROTTERDAM wistis Jo* (ma ikc ~voy fSu [tic f»S [~ni
      1,042 words
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      Page 36 Advertisements Column 1
      1662 36 KW yf AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W V"\ TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 m 4 M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD 1 A HL A X MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISHN KAISHA LTD
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      Page 36 Advertisements Column 2
      1061 36 PHiu-omeNT uncs pt€ ltd 108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****63/22(1800 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA... %JLalloP WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGFIT FORWARDERS ASSOCIATION IOJ^MONTREAnTTAW^ORONT^^^^^^^^ VANCOUVER. SWESTERN ONTARIO. 18 JUN DUBAI. DAMMAN, SHARJAH,
      1,061 words
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      Page 37 Advertisements Column 1
      1618 37 SESSsmUmm pacific international lines (pte) ltd Jf Jf Jfcp PIL Building, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA [BANGKOK VESSEL VOY SIN JKT SIN VESSEL vo¥ S IN BKK SIN EQUATOR MAS 07N 14/8 16/6 21/6 KOTA PAHLAWAN 9122 14/6 17/6 21/6 BUNQA TERATAI 243 16/6 18/6 23/6 KOTA PANJANG
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      Page 37 Advertisements Column 2
      1121 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOV NOS SPORE LEHAVRE ROT'RDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HQLAND JK GERMANY/SCAN SWEDEN Aroaa 188 In Pt 29/6 3/6 2/7 3/7 Nediloyd Tokyo" 186 13/6 v
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      Page 37 Advertisements Column 3
      429 37 teflk MYANMA PHk FIVE STAR UNE \v\ (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdi SAGAING V23S In Port PAGAN VI7IW In Port AVA VIO9W 16/11 tun 19/21 Jun PIHVA VII6W 4/7 tut, THE BANK UNE A of Andrew Wolr Shipping) VT SEMI-CONTAINER SERVICE \1 HEAVY LIFT
      429 words
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      Page 40 Advertisements Column 1
      723 40 TO AUSTRALIA/NEW ZEALAND [™i$L [im IF rem |M«M> |s v d [iWh [nPE |p CHAIM C ttROtMl 272 14,« 22/t 2tJ» J/S 7/7 9/7 ANTHIEHPEN 273 aJt S/7 10/7 14/7 20/ 7 23/7 2V7 MMTHA I 27S «/S 12/t 16 1 19/1 25 27/1 2|7| ELLEN MUOIC 27% 14 1
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      Page 40 Advertisements Column 2
      1264 40 EXPWnSnKGKONiuAIBIffiAPAnWIC^EEKL^^^^^^^^^^MALACC^TRSIT^EEDEHffi^^^^^^ OUTBOUND VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY I SIN |PKL PNG BLW SIN~~ TSK MELOOY 26 *7 6 -10 6 15 6 20 6 25 6 26 6 27 6 ICEBftD 9A 717" 14 6 15*6 TSK CHORUS 206 *14 6
      1,264 words
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      Page 40 Advertisements Column 3
      1586 40 IS 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2. MSTRI ROAD. HMC BUILDING TEL *****00 #15-00, SINGAPORE 0207 TELEX: RS ***** COSH* OR NO: U*****0000M FAX 2261(66 CABLE COSTARLME General Agents: 006 TAR SHIPPING PTE LTD I TO HONOKONQANDCHINA VESSEL' TOY SGP HUG SHA »IN HPU OAL QW
      1,586 words
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      Page 41 Advertisements Column 1
      979 41 UKC CONVENTIONAL SERVICE Vtiwl PHI PNG P G Loickni tor VfSSf I 21/06 Rotterdam, Antwerp CHINA FULL CONTAINER SERVICE SGP PHI BKK HHG QIN SHA YAN6FANGKOU 153 05/7 03/7 OT/7 15/7 I«/ 7 YANGFANGKOU 155 05/8 03/» 09/1 15/* l«/« Mm Kcapmt c|o tor iN dm [»1» n> WG AUSTRALIA
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      Page 41 Advertisements Column 2
      352 41 SRhFIELO MARINE A6ENCIES (S) PTE LTD ffl TEL: *****33 (12 Linos) FAX: *****15/*****03 fHj TELEX: RS ***** RISHIP (3 Lines) f\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VFSsil VOV ETA LOADING FOR SPORE ANOiNET 24W8 20/07 DARESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA ABYOT <6WB 20/08 OARESSALAAM
      352 words
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      Page 41 Advertisements Column 3
      1059 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD if* IT* ETA SPORE POUT KELANG PENANG 81 Ut lAM 23 /6 Loading lor Male KUVAI HUDHU 30 6 loading (or Calcutta MXPHW 30/6 Loading For Male PIONEER SUPREME 20/6 18 6 Loading For Male DONAH UL HI In Pt Loaded For
      1,059 words
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      Page 41 Advertisements Column 4
      435 41 INCR-LK VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TWER STAR 162N 16-16/06 20-22/06 2S-2S/06 TIGER BAV 163N 19 20/06 25-27/06 03-03/07 KURN.SK 162 A 22-23/06 29-01/07 07-07/07 VSL VOY BMQAPORE/CALCUTTA/SMGAPORC VESSEL VOY SIN CAL SIN LHOTSE 403 13-14/OC 19-21/06 27-2S/06 EAGLE CAPE 012 16-16/0$ 22-24/06 02 02/07
      435 words
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      Page 42 Advertisements Column 1
      1299 42 MAC-NELS SINGAPORE I export TEL *****22 IMPOBT TEL *****02 PENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL: (089) *****9. P. KELANG TEL: (03 *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 1 l\~/\*** "I J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 PADANG TEL: (751) *****
      1,299 words
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      Page 42 Advertisements Column 2
      359 42 IJKZW blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH Hi PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MAHSURI 0598 25 lun 7 Jul Via MPI
      359 words
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      Page 42 Advertisements Column 3
      1178 42 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES ***** M SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vtsstL *0V ETA OEST VESSEL VOT ETA lEST KIM
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      Page 43 Advertisements Column 1
      730 43 >S?^^C3SANI/U»eruaßA^^ vEHL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. HO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. PWM|* P. Kelant Smtapore E'M»ia SHAPtAEVERETT In Pt/13 tun 14/16 km 19/21 Jun KAMAIFVERfTT 27/ 29 Jun 30 Km/2 U THOIttSfVERETT 12/14
      730 words
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      Page 43 Advertisements Column 2
      514 43 VSI I VOY [SPORE iMAWLWER |LA» [EST |SAV [NYC m HONGAONG 43* 13/4 »/7 »/7 WJ 14/7 m MELBOURNE 212€ 15/4 Ml PUSAN 14/7 23/7 2t/7 28/7 30/7 mMIAt US 1284 24/4 m CAIIEOANU 23/7 1/1 4/1 m KOPEK 15E 28/4 W SAVANNAH 31/7 9/8 12/8 14/8 14/8 m KAOHSAJNG
      514 words
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      Page 43 Advertisements Column 3
      682 43 MULTI-MODE SHIPPING PTE LTD I MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN SHARJAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS IEDDAH FAR EAST ACCEPTING FCL/LCL PENANG P/KELANG. JAKARTA BANGKOK HONG KONG. TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE LEEDS, TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP. GOTHENBURG COPENHAGEN ALL
      682 words
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      Page 43 Advertisements Column 4
      597 43 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 09/91 12/06 15/06 JATIDIRI 936 15/06 18/06 MELITA 11/91 19/06 22/06 JATIDIRI 937 22/06 25/06 MELITA 13/91 24/06 27/06 TANTO UTAMA 171 16/06 19/06 TANTO UTAMA 173 24/06 27/06 TANTO UTAMA 175 02/07
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      Page 43 Advertisements Column 5
      407 43 SIN FW EAST 16/6 KEELUNG/KAOHSIUNG 17/6 BANGKOK 15/6 MANILA/CEBU 15/6 JAKARTA/BELAWAN/SURABAYA 15/6 PORT KELANG/PENANG/E. Malaysia 18/6 BUSAN 16/6 TOKYO/YOKO/KOBE/NGO/OSA 17/6 HONG KONG SIN CHINA 17/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 17/6 LDN/FLX/LVP/SOU 17/6 RDM/HAW/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 20/6 LOS
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      Page 44 Advertisements Column 1
      1019 44 ViVl P6SL —WORLDWIDE PANAMA —GLOBE STEAMERS LINES REGULAR PCL SERVICE TO THE following PORTSWEST AFRICA Abidian, Dalar. Douala. Cotonou, Lagos Libreville, Lome. Matadi, Potnte Noire, Conakry Freetown. Luanda, Monrovia, Tema SOUTH Santos, Rto Grande, Rio De Janeiro, Fortale/a AMERICA Montevideo (Uruguay), Buenos Aires (Argentina), Chile Brazil all ports LCL/FCL SANTOS.
      1,019 words
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      Page 44 Advertisements Column 2
      520 44 IxSKSCTH SHIPPING CORP. SDN BHD (•4W44 PT KLANC TEL 03 3****** (I Ums| FAX *****11 V PEMAMG TEL 04 *****9 SUN TEL 069 *****2 SIBU TEL 064 *****2 TAWAU TEL KK TEL 088 *****0 KUCH TEL M 2 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE Ftioa I dot I ww I
      520 words
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      Page 44 Advertisements Column 3
      443 44 J LCL/FCL SERVICE FROM IB HI iHSI m oper«te« over 600 torminak/offloes in U.S. A I I [■pH m CUM maintains over 35,000 tractors ft truck*. V II M CUM 86TV66 ovsr 6<MMO points in U.S.A |l-l fIHHn m CUMoffsr raliablaLCl/FCLaarvicas. General Agent*: 7B4A£S-L/AOC— ft/) PENANG- KL: allied LINK SINGAPORE:
      443 words
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      Page 44 Advertisements Column 4
      370 44 IHJJUfMI l-L-HIM. MANILA ETA VIGOUR SINGAPOUR 2MB 15/6 VIGOUR PACIFIC 39N8 22/6 BANGKOK 11/6 19/6 BUSAN 14/6 22/6 HONGKONG 14/6 22/6 DURBAN PT LOUIS 19/6 4/7 KEELUNG 16/6 23/6 USA 17/6 24/6 PT KELANG 14/6 21/6 KOBE 16/6 23/6 Piraeus 22/6 1/7 qsaka 19/6 26/6 JAKARTA 14/6 17/6 SURABAYA 14/6
      370 words
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      Page 45 Advertisements Column 1
      698 45 MORE FREQUENT FUGHE WORLDWIDE j^sSSS- NEW ZEALAND/FIJI Z VESSEL *t P.Kg 'Pen *Bkk Sin S'baya Auckland Fiji(A) N.Plymouth(A) Timaru Lytteltan(B) Dunedin(B) Napier Wellington(C) Tauranga N Rotterdam,9ll3 8/6 10/6 10/6 10/6 In Pt 15/6 28/6 10/7 30/6 2/7 3/7 3 7 4 7 4 7 6/7 N Rosano/9114 18/6 20/6 20/6
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      322 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JK 26 2.1 14 09 05 04 04 06 1.1 1 7 22 24 25 2.3 1 9
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      Page 46 Advertisements Column 1
      802 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEOCR VOT IHB PKt SH lift HAUL VOY LBH OAK SEA lift HAUL VOV TCMSEA PTL MMG CHUN 126 16/06 17/06 19/06 H. PtONtER 41E 15/07 18/07 21/07 HARBOUR BRIDGE 49E
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      Page 46 Advertisements Column 2
      185 46 liI.MIJI.TiI PASIR GUDANG SINGAPORE CONTAINER SERVICE I Name Of Vessel: "JOSINDO SATU" PASIR GUDANG SINGAPORE VOV tTA 2100 «S ETD 0700 KS till 1300 WIS "007S 14/6 IS/S 15/6 OOSS 17 6 18 6 IS/6 009S 21 6 22/6 22/6 010S 24/6 25/6 2V6 01 IS 28 6 29/6 6
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      Page 46 Advertisements Column 3
      571 46 CHARTPOINT Every Saturday in Business Times A VESSEL WITH H/L CAPACITY UPTO 260 TON AND RO/RO FACILITIES AVAILABLE ETA SIN 15/6 CALLING CHITTAGONG AND OTHER SUITABLE INDONESIAN/MALAYSIAN PORTS ENROUTE (SUBJECT INDUCEMENT) CONTACT TEL: *****55/*****25 (PAGER) MR A BENEDICT *****88 MR KATRIN FAX: *****88 UK/CONTINENT (TRIO) Car|> f«r Hjne«| It C«pwucafl
      571 words