The Business Times, 19 June 1991

Microfilm: NL17508
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 19, 1991 75*
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  • NEWS SUMMARY
    • Article
      Housing starts up in US for third time in four months
      66 1 WASHINGTON Housing starts rose 0.1 per cent in May, the third increase in the past four months, the Commerce Department announced yesterday. lhe rise followed a revised 8.2 per cent increase of construction of houses and apartments in April,
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    • Article
      UK twice as deep in the red this year
      59 1 LONDON The British government published figures yesterday showing it is twice as deep in the red as it was a year ago. But a drop in factory production in the recession-hit economy may be slowing, other official statistics showed. A weak
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    • Article
      Inter-Roller to expand
      34 1 INTER-ROLLER Engineering plans to double its factory area. computerise some of its operations and recruit more engineers over the next few years in an etYort to expand its business Page 2
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    • Article
      Joint challenge
      36 1 DIGITAL Equipment Asia, a supplier of computer systems and services, plans to capture a slice of the IBM market share in the financial sector by teaming up with software producer Winter Partners Page 2
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    • Article
      Exploring Indochina
      39 1 INDOCHINA'S abundant natural resources are fast luring businesses from Japan, the US and other industrialised countries, but knowledge of who is eyeing what, most notably in the field of energy development. can prove remarkably elusive Page 7
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    • Article
      HK space costliest
      33 1 HONGKONG shopping ;>pace is the most expensive in the world, with storekeepers paying rents that top Tokyo's Ginza and New York's Fifth Avenue, according to a new survey Page 8
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    • Article
      Piercing trend in US
      34 1 PIERCED ears have become so common among men. women and even children in the US that real decoration seems to call for at least two. or three holes Page 17
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    • Article
      Keppel venture grows
      25 1 KEPPEL's joint venture in Madras is to expand its shiprepair capacity, just nine months after its official launch. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      36 1 WALL STREET stocks rose in early trading yesterday, strengthened in part by a rise in housing starts last month. The Dow Jones Industrial Average gained 18.34 to 3,012.30 in the first hour of trading.
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    • Article
      Footsie lower
      41 1 A SHARP deterioration in government finances in May failed to shock the London Stock Exchange and shares continued at their previous depressed levels at midday yesterday. At 1130 GMT, the FTSE 100-Share Index was down 14.6 points at 2.509.4.
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    • Article
      Sterling HSH showing
      34 1 MARINE-BASED Hai Sun Hup group turned in a sterling set of results for the year ending March 31, due partly to strong growth in the volume ot cargo handled Page 3
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    • Article
      Poor results from QAF
      29 1 FOOD GROUP QAF Ltd turned in a dismal set of results for the year ended March, as after-tax earnings plunged 62 per cent Page 3
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    • Article
      Coup for Scimitar
      27 1 SCIMITAR Asset Management. Standard Chartered Bank's investment management arm. has achieved a mini coup by landing NZl's USSIOO million Asian Equity portfolio Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA 734.37 -5.85 kuaia Lumpur ....630.23 -2.08 Tokyo 24.685.47 -257.62 Hongkong Closed Sydney 1.533.81 -t-9.4 Monda\ hange New York 2.993.96 -6.49 London 2,524.02 +1.7
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.78^5 100 Yen SS 1.2674 MS SS 0.6412 Money market rates Overnight 5 -3/16 3-month 5 3/4 -'-1/8
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    • Article
      COMMODITIES
      35 1 London Gold AM fix USS368.00 Rubber Spore July 149.00«/kg +0.75 M'sia July 234.00Vkg I KL Tin Turnover 44 tonnes -61 Spot MS 15.72/kg -0.03 Crude palm oil Turnover 1.803 lots +1.046 July MS766/tonne +8
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  • Article, Illustration
    New listings expected to lift market
    555 1  -  Five companies to provide investors with much needed fresh factors By Dexter Lee and Claire Leow A SPATE OF public listings over the next few weeks is expected to inject some life into the Singapore stock market. which has been languishing lately for want
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  • Article
    SES expected to issue guidelines on covered warrants
    421 1  -  By Magdalene Ng THE STOCK Exchange of Singapore is expected to come out with a set of rules for covered warrants on lo-cally-listed companies. These rules are believed to be part and parcel of an ongoing updating of the SES listing manual.
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  • Article
    US$ firms, regional bourses down
    215 1 THE I S DOLLAR firmed against most other major currencies on the Asian market yesterday and is expected to continue to strengthen in the short term. It gained more than 100 basis points each against the sterling, deutschemark and Swiss franc. I he greenback opened
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  • Article
    Falling $ not the way: Greenspan
    192 1 Falling not the way: Greenspan WASHINGTON Federal Reserve Chairman Alan Greenspan said price competitiveness won by a depreciating dollar could carry some costs for the tJS economy. In a prepared testimony to the House Ways iind Means Committee. Greenspan said that in today's open world of trading, exchange rates tend
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  • Article
    Generally good reception in Singapore
    357 1  -  Reactions to Malaysia's New Development Policy By Elaine Koh THE NEW Development Policy (NDP) unveiled by Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad on Monday was generally well received by business circles in Singapore, although a few people had reservations about the implementation of
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  • Article
    Guardedly favourable reviews in M'sia
    293 1  -  From PS Nair in KUALA LUMPUR MALAYSIA'S New Development Policy (NDP) for the 1990s has drawn guardedly favourable reviews from businessmen and economic analysts. "It's certainly less restrictive than the New Economic Policy," said Nick Seaward, director of Baring Securities. "In fact, it's quite liberal
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      242 1 Typewriters Fax Machines Laser Printers Electronic Lettering systems on 743 8000 tor further details Aircraft Scnedule 27 Money Changer Rates 27 Weather Commodities 26 Money Market 25 Wor d News 8 9 Cryptic Crossword .27 Regional Co News 1 Editorial 10 Re onal News 1 Fof market lixlices editorial, financial
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      Page 1 Advertisements Column 2
      9 1 I S economists warn of double-dip" recession. Pg 9
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    • Advertisement
      Page 1 Advertisements Column 3
      75 1 f < X > 1 FANTASY WATEBBEDS i 9S iv 65 *fr 5. IjSSI Showroom: 15 Enggor Street #01-03 Realty Centre g£g Singapore 0207 Tel: *****55 Fax *****54 New offerings will test post-Gulf mood. Pg 3 Editorial, Pg 10 Analysis, Pg 11 .Malaysia to review incentives given to foreign investors.
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Theme for National Day celebrations
        74 2 THIS year's National Day Celebrations, which will have as its central theme "My Singapore", will mark the first steps into the next 25 years of nationhood and will thus touch on productivity, discipline, determination and Singapore International. The National Day Parade will be held at
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      • Article
        AMP starts on education
        84 2 THE Association of Muslim Professionals (AMP), which was allocated $250,000 of seed capital by the government for its various projects, has begun working on the problem of underachievement among Malay youths, a statement released yesterday said. The association is also working towards the formation of a
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      • Article
        Woodlands MRT
        89 2 THE MRT Woodlands lines are expected to be ready by 1996, according to the Singapore Mass Rapid Transit newsletter Trackview. The lines are part of a SI billion project involving four stations Choa Chu Kang North, Woodlands West. Woodlands Central, and Woodlands East. The whole stretch of the
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      • Article
        AIF status for Comtec
        98 2 A PREMIER microcomputer exhibition Comtec '91 has been awarded Approved International Fair status by the Trade Development Board. The recognition is based on the show's high proportion of international trade visitors and its role in promoting products and services in the region. The AIF benefits include
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    • Article
      Inter-Roller to invest in training, R&D
      267 2  -  Plans to double sales By Carolyn Lim INTER-ROLLER Engineering plans to double its factory area, computerise some of its operations and recruit more engineers over the next few years in an effort to expand its business. The Sesdaq-listed company, which saw turnover rise by
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    • Article
      Autodesk to act against local pirates
      265 2 US computer firm Autodesk Inc will take legal action against 200 local users whom it has identified as using pirated Autodesk products. And this is only the beginning. as Autodesk's anti-pira-cy department will continue to investigate more cases, said Sandra Boulton, director of the
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    • Article
      Digital hopes for bite of IBM market share
      281 2  -  By Quak Hiang Whai DIGITAL Equipment Asia, a supplier of computer systems and services, plans to capture a slice of the IBM market share in the financial sector by teaming up with software producer Winter Partners. In a joint press conference with
      281 words
    • Article
      TDB appoints trade representatives to Hungary, S Korea
      296 2 THE Trade Development Board has confirmed the appointment of Singapore's honorary trade representatives to Budapest and Seoul and has declared these centres officially open. Another office in Rotterdam has also been set up. which together with those in Hungary and South Korea,
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    • Article
      Committee to review teaching of Chinese language
      224 2 TO PROMOTE the learning of Chinese and to popularise it, the Government has formed a committee to review the teaching and learning of the Chinese language in schools, said Deputy Prime Minister Ong Teng Cheong yesterday. Speaking at the opening of the International
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    • Article, Illustration
      Banque Asia exhibition to focus on the future bank
      93 2 A VISION of Future Bank 2000 will be the main highlight at Banque Asia *91, which opens today at the Rallies City Convention Centre. The exhibition, spread over 2,500 square metres of the convention centre, (above) has attracted more than 170
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    • Article
      Volcanic ash from Mt Pinatubo reaches S'pore
      317 2 VOLCANIC ASH, spewed out by a volcano in the Philippines, is said to be falling in Singapore. The volcano. Mount Pinatubo, is about 1,000 km north-east of Singapore. The volcanic ash was said to have been carried to Singapore by high-level, high-velocity winds.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      144 2 1 J 1 4 x** 4 t PLAN THE PERFECT WEDDING BY THE SINGAPORE RI VER The scene is set for your most dramatic moment. wTwrfSt Take y° ur P ,ace amidst lhe magnificent Tudor-styled architecture, surrounded by the grandeur of historical landmarks. You're about to have the time of
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    • Advertisement
      Page 2 Advertisements Column 2
      76 2 Singapore's Latest Luxury Liner Dep: Jun 26.30 Jul 5, 9. 13, 17, 21, 25, 29, (For 2nd person sharing cabin) £23^SSi I Cruise fare includes daily breakfast, lunch, L dinner and entertainment onboard. ts\kcT u 4 vi v.' iir I 'J I The 12.500-ton Orient Sun's superb amenities include Casino
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Hai Sun Hup reports sterling results
      513 3  -  Figures buoyed by strong growth in volume of cargo handled By Rahita Elias MARINE-BASED Hai Sun Hup group turned in a sterling set of results for the year ending March 31, 1991, due partly to a strong growth in the volume of cargo handled.
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    • Article, Illustration
      Concourse marketing launch to begin on June 26
      382 3  -  By Salil Tripathi THE LONG-AWAITED marketing launch of the Concourse will begin on June 26. Developed by Hong Fok Land, a subsidiary of public-ly-listed Hong Fok Corporation, the complex 45.320 sq m of office space and 10.300 sq m of retail and
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    • Article
      SIA to form new engineering arm
      255 3 SINGAPORE AIRLINES will form a new subsidiary engineering company which will absorb a large part of the activities of its current engineering division. According to the latest issue of SlA's inhouse newspaper, Outlook, the airline will also restructure its subsidiary', the Singapore Airport Terminal
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    • Article
      New offerings will test post-Gulf mood
      381 3  -  By Dexter Lee and Claire Leow FIVE COMPANIES, including three from the Singapore Technologies group, will soon be testing the post-Gulf Crisis stock market when they make their public offerings over the next few weeks. Computer Systems Advisers (CSA). formed in 1970, will set
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    • Article
      QAF after-tax earnings take a nosedive
      321 3  -  By Genevieve Cua FOOD GROUP QAF Limited turned in a dismal set of results for the year ended March 1991, as after-tax earnings plunged 62 per cent. The group said that results were affected by high operating and interest costs, and depreciation. After-tax earnings
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    • Article
      F&N to build condo in Alexandra Rd
      259 3 BEVERAGE GROUP Fraser Neave will build a highrise condominium project in its Anchor Brewery site along Alexandra Road in its first foray into residential development. Mr GH Darwin, a director of Tiger Developments Ptd Ltd. a member of the F&N group, said it
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    • Article
      ATD answers SES queries
      184 3 THE BOARD of Alliance Technology and Development (ATD), formerly Ambassador Holdings, made its decision to sell the 49 per cent stake in Botco Sdn Bhd (BSB) to Mezzanine Capital Sdn Bhd (MCM) as part of its plan to systematically divest its fringe investments, the company said
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    • COMPANY BRIEFS
      • Article
        Golden Plus plans to be active quarrier in M'sia
        60 3 KUALA LUMPUR Golden Plus, formerly Dayapi Industries. plans to be an active participant in quarry ing operations in each of the states in the country said its executive chairman Datuk Ahmad Razali yesterday. The company is planning to acquire quarry operations
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      • Article
        North Borneo Timber's chipmill
        53 3 KUALA LUMPUR North Borneo Timbers Bhd will proceed with its chipmill project by the end of the year and tenders will be called in two months' time, said managing director Patrick K Cassels. Engineering studies on the construction of the MS4O million (SS26 million) plant are
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      • Article
        IJM gets 50pc stake in Precast
        52 3 KUALA LUMPUR IJM Corp has acquired a 50 per cent stake in Precast Technology, a firm which manufactures precast hollow concrete slabs used as floor material. Precast Technology is a member of the Song Pang Seng group, which will retain the other half of
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      • Article
        Dunlop CULS to be listed
        84 3 KUALA LUMPUR Dunlop Estates Bhd's M 5310.19 million (SS 198.52 million) nominal amount of convertible unsecured loan stock will be granted listing and quotation on the Kuala Lumpur Stock Exchange from tomorrow, under the Rubber sector. The KLSE said that the Msso million nominal amount
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      • Article
        Innovest shares to be suspended
        33 3 KUALA LUMPUR Innovest Bhd's shares will be suspended from trading on the Kuala Lumpur Stock exchange from June 18. pending an announcement. Trading will resume on June 21.
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      • Article
        Tasek Cement sells stake
        35 3 Tasek Cement Bhd has unloaded 56.000 shares of Jurong Cement for *****,720. With the sale, Tasek's stake in Jurong Cement has been reduced to 5.5 million shares, or 15.7 per cent.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      347 3 1 11 call you again tomorrow from the hotel. J t ANA HOTEL SINCAPORE If in, 11,11 S Hi. 1 I I II I >. 1,..,1 K. r,-. I, ,-..1 if,, l.iil, I .1 i ....M i. i. x \\\iim\ks JIM i, i 11.:.i "j l A futuristic interpretation of
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Accord on Thai phone project
      516 4  -  Bangkok to get 2m lines as govt and CP Telecom agree to meet halfway From Michelle Rowe in BANGKOK BANGKOK The Thai government and CP Telecom, a subsidiary of the giant agro-industrial conglomerate Charoen Pokphand Group, have agreed to meet halfway on the controversial Thai
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    • Article
      Way clear for decision on Hopewell project
      353 4 BANGKOK The Thai government's award of the telephone exchange scheme to the Charoen Pokphand Group paves the way for the Transport and Communications Minister Nukul Prachuabmoh to decide on whether Hopewell Holdings' multi-billion-baht project for real estate development and overhead rail and road
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    • COMPANY BRIEFS
      • Article
        Semen Padang plans to offer 50m shares
        72 4 JAKARTA PT Semen Padang. the first cement factory in Indonesia, plans to be the second state-owned cement company to float shares on the Jakarta Stock Exchange following PT Semen Gresik which went public last month. Erfaim Hauzan Nizar. president of the company, said
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      • Article
        Wonnachai to set up steel plant
        85 4 BANGKOK Wonnachai Group, which lost the 1989 bid for the right to invest in a steel production plant, may set up a cold-rolled steel plant over the next eight years and focus on export sales, deputy industry minister Veera Susangkarakan said last week. He
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      • Article
        NKK wins 11b yen Thai order
        78 4 TOKYO Japanese steelmaker NKK Corp received an 11 billion yen (Ssl4o million) order for an electric galvanising line from Thai Coated Steel Sheet Co of Thailand, an NKK spokesman said. The buyer is a subsidiary of Thailand's Sahaviriya Steel Industries Co of the Sahaviriya
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      • Article
        New copper tube plant in M'sia
        86 4 KUALA LUMPUR Japan's Kobe Steel Ltd said it has set up a new Ms6o million (SS4O million) plant to expand its copper tube-making operation in Malaysia. The firm, Kobe Copper (Malaysia) Sdn Bhd, will now be able to produce 7,200 tonnes of copper tubes
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      • Article
        Minproc to raise A$38m
        88 4 SYDNEY Resources group Minproc Holdings Ltd said it plans to raise about As3B million (5551.9 million) through a one-for-three preference share issue. The 76.24 million shares would be issued at 50 cents each and will have a fixed annual dividend of six cents a share. Minproc
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    • Article
      Lock icon Mitsubishi sues AT&T over illegal calls on phone system
      256 4 Reuter NEW YORK Mitsubishi International Corp sued the American Telephone and Telegraph Co on Monday, charging the US communications giant sold it a phone system that was so vulnerable to improper use that 30,000 illegal calls were made. The US$lO million
      Reuter  -  256 words
    • Article
      Petrokimia starts building its US$246m ammonia, urea plant
      354 4 JAKARTA Indonesian state-owned PT Petrokimia Gresik began construction of its U*****.5 million (*****.1 million) ammonia and urea production unit at Gresik in East Java late last week at a ceremony attended by Minister of Industry Hartarto and other high ranking officials. The
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      543 4 iill The awesome display of technology at Banque Asia '91 Finance Asia '91 will change your ideas about how to run your bank! BANQUE ASIA celebrates its 10th anniversary with a world class display of banking technology from over 50 of the world's best known providers of financial hardware and
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      Page 4 Advertisements Column 2
      93 4 H jm m No, we haven't added Ferraris to ®JMr the fleet but we have introduced a new VI reservations system that confirms your international car rental reservation faster than any H lets you plan your itinerary with ease and with speed. It's called "MEGA HERTZ" Hertz I H ml
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Trump puts his Castle in bankruptcy deal
      372 5 AP ATLANTIC CITY, New Jersey Donald Trump will plaee his Trump Castle in bankruptcy proceedings and split ownership of the casino 50-50 with bondholders under an agreement announced on Monday that resolves some of Trump's financial problems. Meanwhile, Trump representatives told state gambling
      AP  -  372 words
    • Article
      Lock icon Pirelli gets 5pc call option on Continental
      376 5 FT MILAN, Italy Pirelli, the Italian tyres and cables group locked in a lengthy takeover battle for Continental, its German counterpart, has negotiated a call option over a key 5 per cent stake in the German company. Sopaf, a small Milanbased merchant bank,
      FT  -  376 words
    • COMPANY BRIEFS
      • Article
        Bankers to provide new capital to Brent Walker
        79 5 LONDON Brent Walker Group pic said consent has been given by all of the group's bankers to provide new working capital facilities to enable Brent Walker to meet its immediate financial requirements. It also said more than 85 per cent of the
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      • Article
        Pepsi to invest more in Poland
        90 5 NEW YORK Pepsi-Cola International, a unit of Pepsico Inc, said on Monday it would invest about US$6O million (SSIO2 million) in its operation in Poland over the next five years. Pepsi said the move represents the largest single investment by a consumer products company
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      • Article
        Chile-Malaysia iron pellets deal
        95 5 KUALA LUMPUR Chile and Malaysia are set to sign an US$BOO million (SSI.4 billion) deal to supply iron pellets for Malaysia's state-owned steel mill, Perwaja Steel Sdn Bhd, the Chilean embassy here said. The 10-year deal, likely to take effect from mid-1992, involves the supply of
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      • Article
        Move into video game market
        60 5 ALMEDA, California British publishing magnate Robert Maxwell's Arena Entertainment unit said on Monday it has decided to enter the US video game market. Arena said it is particularly interested in the 16-bit game market. It has obtained rights to develop video games based on the
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    • Article
      Lock icon Unilever to take up 80pc stake in Polish company
      217 5 Reuter AMSTERDAM AngloDutch food and household products group Unilever PlcNV has agreed with the Polish government to acquire an 80 per cent stake in Polish detergents company Pollena Bydgoszcz for US$2O million (5535.79 million). The deal is Unilever's first venture in
      Reuter  -  217 words
    • Article
      Lock icon Sanofi to shut some European factories
      249 5 Reuter PARIS France's Sanofi SA, 60-pcr cent owned by state oil firm Ste Nationale Elf Aquitaine, will have to shut one or more of its European factories as a result of its alliance with US drug group Sterling Drug Inc, Sanofi chairman Jean-Francois Dehecq
      Reuter  -  249 words
    • Article
      Lock icon German metals firm may buy Dynamit Nobel and Buderus
      254 5 Reuter FRANKFURT Metals and recycling company Metallgesellschaft AG (MG) today emerged as the front runner to buy the industrial units of Feldmuehle Nobel AG from Swedish forestry group Stora Kopparbergs Bergslags AB. Feldmuehle Nobel's industrial units, comprising explosives maker Dynamit Nobel
      Reuter  -  254 words
    • Article
      Lock icon K-III buys News Corp publications
      206 5 AP NEW YORK A media partnership controlled by the buyout specialists Kohlberg Kravis Roberts and Co said on Monday it has completed the L'Ss6so-million purchase of the Daily Racing Form and eight magazines from News Corp Ltd. K-111 Holdings said that it paid US$6OO million
      AP  -  206 words
  • Page 5 Advertisements
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      77 5 Lufthansa nonstop to Frankfurt, Europe, the World. 6 times every week. Lufthansa Reservations 737 9222 MICROGRAPHICS SOCIETY OF SINGAPORE Invites you to the Singapore Information And Image Management '91 Exhibition 19 Jun 91 (12:00 pm 5:00 pm) 20-21 Jun 91 (10.00 am 5:00 pm) DYNASTY HOTEL BALLROOM We have Micrographics
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      Page 5 Advertisements Column 2
      147 5 vBtSS&%L t*. ssSf PfL -'>^i^^ I WMEzISk I' n *1 s^- .'iiM-^ «l» '-f ii£e£ f < i jh- ,iHu.« sc character isn't built overnight, that's all the time it takes to appreciate it. Unlike any other hotel, the Goodwood Park occupies a unique place in Singapore's history. It has,
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Lock icon Nomura sees 120b yen group net profit
        88 6 Reuter TOKYO Nomura Securities Co Ltd sees group net profit ot' 120 billion yen in the year ending March 31, 1992, up from 110.74 billion a year earlier, the company said in a statement. Nomura sees group current profit of 270 billion yen
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      • Article
        Lock icon Daiwa expects higher profit
        76 6 Reuter TOKYO Japan's Daiwa Securities Co Ltd forecast its group net profit at 65 billion yen in the year to March 31, 1992, up from 61.15 billion yen in 1990/91, a company spokesman said. It sees its group current profit in 1991/92 at 140 billion yen,
        Reuter  -  76 words
      • Article
        Lock icon Viet bank wants US$ deposits
        114 6 Reuter HANOI The Vietnamese have deposited more than US$B.4 million since May 1 in new accounts the state bank hopes will attract some of the hundreds of millions of dollars floating around the black market, the Vietnam Sews says. The deposits by private citizens at
        Reuter  -  114 words
      • Article
        Lock icon Yamaichi forecasts higher gains
        91 6 Reuter TOKYO Japan's Yamaichi Securities Co Ltd forecast group net profit at 48 billion yen in the year to March 31, 1992, up from 39.92 billion yen in 1990/91, a company official said. Yamaichi sees its parent current profit in 1991/92 at 100 billion yen against
        Reuter  -  91 words
    • Article
      Scimitar lands NZI's US$100m Asian portfolio
      246 6  -  B* Shoeb Kagda SINGAPORE Scimitar Asset Management, the Standard Chartered Bank's investment management arm, has achieved a mini coup by landing the US$lOO million Asian Equity portfolio of New Zealand Insurance (NZI). Scimitar, which also has an office in Hongkong, will manage the fund
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    • Article, Illustration
      Lock icon European bank head pushes for more loans to Soviets
      482 6 AP WASHINGTON Many governments want an immediate end to the limit on loans to the Soviet Union by the new European Bank for Reconstruction and Development (EBRD) and the United States alone does not have the votes to stop them, bank
      AP  -  482 words
    • Article
      Lock icon Government ponders tax concessions for Lloyd's
      370 6 AFP LONDON The British government is studying the idea of tax concessions for private investors who are members of the Lloyd's insurance market, known as "names," a Treasury spokesman said on Monday. Lloyd's has asked for tax concessions because many of its members are
      AFP  -  370 words
    • Article
      Lock icon British company 3i waiting for right time to float shares
      480 6 Reuter LONDON British investment company 3i aims to float its shares on the London Stock Exchange as soon as the market climate is right, following the example of many of the ventures it promotes. "The board is determined to bring
      Reuter  -  480 words
    • Article
      Lock icon Italy's 'Big Bang' likely to shake out brokers
      300 6 Reuter MILAN Italy's version of London's "Big Bang" financial reform is likely to spark a severe shake-out among stockbrokers, with some small firms already feeling the pinch of heated competition and higher costs. "We have arrived at the point where some brokers
      Reuter  -  300 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      547 6 SINGAPORE INSTITUTE OF MANAGEMENT (1) LOTUS 1-2-3 FOR MANAGERS July 3 -5,1991 SS6SO SIM members/Ss7so non-members This workshop will help participants to take full advantage of the Lotus 1-2-3 features. On completion of the workshop, participants will be able to use practical business applications at their place of work. Key
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      Page 6 Advertisements Column 2
      161 6 r+t)cirwui Travekxkie Travetodqe In the north's premier city and major tourist centre "jkyrodern 12-storey mid-range hotel in well-established ideally located to capitalise on tlic Top End's booming IVI central location tourist industry Well placed for solid middle market corporate traffic, on .ht doufstep wildlife ami mctik Jltd hv AddaKlc 5
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      Page 6 Advertisements Column 3
      36 6 TWO WELL ESTABLISHED AND SUCCESSFUL HOTELS IN I PROVEN I MARKETS I HIGH OCCUPANCT I HIGH YIELD I PRICED TO SELL I Transact HOTEL 4 TOURISM PROPERTY SAH Mo< Sf W r,f (W.t S'DW V ,'U
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Foreign investors eyeing Indochina's natural resources
      566 7 Inroads being made in oil industry TOKYO Indochina's abundant natural resources are fast luring businesses from Japan, the US and other industrialised countries, but knowledge of who is eyeing what, most notably in the field of energy development, can prove remarkably elusive, says The
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    • Article
      Lock icon Environment rules stiff: Indon miners
      252 7 Reuter JAKARTA Mining contractors in Indonesia, which has one of the world's last great rain forests, want the government to relax environmental standards, said the Indonesian director general of mining. Mr Kosim Gandataruna said on Monday, "I've already heard from companies that the existing regulations
      Reuter  -  252 words
    • Article
      Lock icon No oil production likely in Cambodia until end of war
      315 7 AFP MNGAPORE Production cf any oil or gas found in Cambodia will have to wait until the end of the 12-year-dd confict in the Indochirese state, a French oil execitive said on Monday. The oil executive of the French firm
      AFP  -  315 words
    • Article, Illustration
      Lock icon Signs of recovery in Australia
      591 7 Economy likely to be healthier and more robust Reuter SYDNEY "It is a recession Australia had to have." With those words in November, former Australian Treasurer Paul Keating confirmed what many had already suspected his tight fiscal policies had pushed the country into recession. Now,
      Reuter  -  591 words
    • Article
      Lock icon M'sian plywood, rubber thread face GSP threat
      551 7 Bernama WASHINGTON Vulcanised rubber thread and cord and certain types of plywood from Malaysia which now enjoy duty-free entry into the United States are facing the threat of having their GSP (Generalised System of Preferences) status withdrawn. The North American Rubber Thread Co
      Bernama  -  551 words
    • NOTE BOOK
      • Article
        Jakarta lifts export tax on sandalwood items
        74 7 JAKARTA Indonesia has lifted export taxes on all types of processed sandalwood products, says the Jakarta Post. The new decree was designed to enable East Nusa Tenggara, which depended heavily on sandalwood, to boost the development of its sandalwood processing industry, thereby enabling
        74 words
      • Article
        Thai-Viet talks on sea border
        73 7 BANGKOK Thailand and Vietnam have agreed to establish a precise demarcation on their overlapping territorial water to solve the problem of trespassing by each country's fishermen. The director-general of Thailand's Department of Treaties and Legal Affairs, Prachit Rochanapurk, said on Monday that Hanoi had agreed
        73 words
      • Article
        Penang Hill project to continue
        67 7 PENANG The Penang government plans to go ahead with the development of Penang Hill in spite of opposition from groups of people. The Chief Minister, Dr Koh Tse Koon, said on Monday that the state government could not reject outright any proposed development of the
        67 words
      • Article
        Malaysia to register industries
        87 7 KUALA LUMPUR The Malaysian Ministry of International Trade and Industry will soon register all local and foreign industries in the country to keep track of the various kinds of industries being set up. The International Trade and Industry Minister, Datuk Seri Rafidah Aziz, told newsmen after
        87 words
      • Article
        US, Philippines close to deal
        86 7 MANILA A new agreement extending the lease of US military bases in the Philippines may be forged next week if disagreements on the duration of the extension can be settled, the official Philippine News Agency quoted Philippine Foreign Secretary Raul Manglapus as saying on Monday.
        86 words
      • Article
        Voters reject planned golf course
        95 7 PAPEETE Voters on the Polynesian island of Moorea have defeated a proposal by a Japanese company to build an 18-hole golf course on the island's most scenic bay. According to final results released yesterday, the vote held last Sunday was 1,449 in favour and 1,900
        95 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      15 7 Lufthansa nonstop to Frankfurt, Europe, the World. 6 times every week. Lufthansa Reservations 737 9222
      15 words
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      Page 7 Advertisements Column 2
      85 7 Avoid THE USUAL RECEPTION After a long flight, we at the Regent Singapore realise that instead of cooling your heels in reception, you'd prefer to put your feet up. That's why we register you in your room. Unlike other hotels, we realise the best reception is no reception at all.
      85 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Robust Japanese growth unlikely to last
        87 8 TOKYO Japan's economy expanded by a robust 5.7 per cent during the last fiscal year, but economists said yesterday that slower growth this year is all but certain. The gross national product rose a real 5.7 per cent in the fiscal year to March
        87 words
      • Article
        Steel makers to boost exports
        69 8 TOKYO Nippon Steel Corp and five other Japanese steel makers have agreed with China to double steel exports to be shipped between August and next January. Under the agreement, China's National Metals and Mining Import and Export Corp was to import 960,000 tonnes of common
        69 words
      • Article
        Seoul's foreign debt up in March
        66 8 SEOUL South Korea's outstanding foreign debt rose to U5533.76 billion (5560.43 billion) as of the end of March, up 6.5 per cent from US$3l.7 billion as of the end of last year. Provisional Finance Ministry figures released yesterday showed net foreign debt was US$B.9B
        66 words
      • Article
        Big bucks from KoKo chain sale
        94 8 BERLIN The sale of former communist East Germany's foreign-currency empire will raise more than three billion Deutschemarks (552.97 billion), say officials at the Treuhand privatisation agency. A Treuhand source said on Monday that the state agency was negotiating with 20 buyers to sell 15
        94 words
      • Article
        Chinese team on shopping tour
        79 8 PARIS China's biggest buying mission to Europe since the communists came to power is planning to place orders worth more than US$l billion (551.79 billion) in seven countries. The mission represented 80 Chinese trade groups, said the delegation's chief, former deputy foreign trade minister Wei
        79 words
      • Article
        Czechs planning privatisation
        47 8 PRAGUE The Czech republic intends to privatise 1,321 large state-owned industrial firms worth around 360 billion crowns (5521.5 billion). The Czech Regional Minister of Industry, Jan Vrba, said on Monday: "A first group of firms is to present its privatisation projects by Oct 31."
        47 words
    • Article
      Lock icon US economists warn of 'double-dip' recession
      407 8 They fear apparent rebound may be a false start Reuter NEW YORK In spite of growing signs that the US economy is recovering, some experts say the rebound may prove to be a false start, creating a "double-dip" recession that will see another slump
      Reuter  -  407 words
    • Article, Illustration
      Argentinian Nazis rallying to the cause
      44 8 BUENOS AIRES A resident looks at a wall of Nazi posters by the Workers' Nationalist Socialist Party, which is planning a rally to protest against a judge's refusal to register its name and the svastika as its emblem.
      44 words
    • Article
      Lock icon HK retail space rated as world's most expensive
      239 8 Reuter LONDON Hongkong shopping space is the most expensive in the world, with storekeepers paying rents that top Tokyo's Ginza and New York's Fifth Avenue, according to a survey published on Monday. Singapore came in fourth in the survey. London-based international real
      Reuter  -  239 words
    • Article
      Lock icon Indian rupee expected to fall amid devaluation talk
      203 8 Reuter BOMBAY The Indian rupee will slide rapidly against major currencies amid talk of a devaluation to deal with the country's balance-of-payments crisis, bankers and traders said yesterday. Some saw a one-shot devaluation of the rupee against the dollar of 10 to
      Reuter  -  203 words
    • Article
      Lock icon Inflation in China up 8.9 per cent
      200 8 Reuter BEIJING Inflation in China's major cities rose 8.9 per cent last month over May last year following dramatic official price rises for grain and cooking oil, but officials maintain that the economy is stable. Consumer prices nationwide increased 4.5 per cent in
      Reuter  -  200 words
    • Article, Illustration
      Lock icon US welcomes S African move
      449 9 Repeal of registration law brings lifting of American sanctions closer AP WASHINGTON The repeal of the Population Registration Act by the South African Parliament means only one condition the release of political prisoners remains for the termination of American sanctions against Pretoria, says the US
      AP  -  449 words
    • Article
      Lock icon US investors unlikely to rush back to Pretoria
      372 9 Reuter NEW YORK Corporate America, which has gradually been shedding its ties with South Africa, will be slow to consider re-investing there in spite of a vote on Monday to scrap one of the last legal pillars of apartheid. US business officials
      Reuter  -  372 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      12 8 Are the uiKertainties of new overseas markets preventingvou from breaking new ground?
      12 words
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      Page 8 Advertisements Column 2
      135 8 Unisys Centre 157 Ann Street, Brisbane The most convenient location in Brisbane. MWsf \SS •Diagonally opposite the Central^^y,^^ Constructed In 1984. /l^W WL •13 upper floors wtth a net j J=( J. lettable area of 6693m 2 Ay fltfMiHP *3 basements providing —^opv HK| parking for 65 vehicles. x^fh "Brisbane...
      135 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      330 9 Jg. of Hull By Distance Learning Commencing October 1991 Entry Requirements Structure Contents Founded in 1927. the University of 8 modules will he Uught in pairs over Hull is one of the most prestigious UK 12 months as follows: universities. Applicants for this one- Xerm financial Planning Analysis year postgraduate
      330 words
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      Page 9 Advertisements Column 2
      288 9 You start by booking a British Airways flight to or You could w,n the n ht t0 a beaut,ful from London this summer* Scottish castle every year for the rest of your life. When you do, we'll present you with your 'Key To Or you could win full rights to
      288 words
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  • Article
    Not just son of NEP
    460 10 EDITORIAL MANY had worried that the successor to Malaysia's New Economic Policy would only serve to reaffirm the NEP's most contentious aspects. Those fears were vastly alleviated on Monday, when Prime Minister Mahathir Mohamad unveiled the country's New Development Policy (NDP) for the next 10
    460 words
  • WHAT THE OTHERS SAY
    • Article
      A Soviet tit-for-tat
      239 10 THE Soviet Union seems to have done a tit-for-tat to the Americans with the argument that Moscow will keep its naval and air forces in Vietnam, as preferred by some regional countries. This argument appears to be a mirror image of the American idea that any precipitate
      239 words
    • Article
      Literary recognition
      146 10 IN HIS closing speech at the Malay Archipelagic Writers Conference, Mr Sidek SanifT, Senior Parliamentary Secretary for Education, made a reference that touched the chord of many writers here the need for recognition. The last time the Literary Awards, Hadiah Sastera, were given was for works of 1983.
      146 words
    • Article
      Elections not the solution
      135 10 VIOLENT politics is threatening parliamentary democracy in India, with racial and religious conflicts the dominant political issue. It had been hoped that feelings of sympathy brought about by Rajiv Gandhi's death would at least prompt terrorists to exercise some restraint. But the exact opposite has happened.
      135 words
  • REGIONAL VIEWPOINTS
    • Article
      Help the SMIs too
      183 10 WHAT is of concern is that the large-scale industries, while heavily relying on small- and mediumscale industries (SMIs) for their components, have not made enough efforts to provide the smaller industries with technical support and expertise. The big boys should come out with various aid programmes
      183 words
    • Article
      Gatt ready to give and take
      150 10 THE major trading powers have again reached a political consensus that the deadlocked Uruguay Round of trade negotiations under the General Agreement on Tariffs and Trade must be concluded before the end of the year. A balanced package can be achieved only when negotiators
      150 words
    • Article
      Need to be more perceptive
      152 10 K FINANCIAL assistance to the Soviet Union is certain to be a major item on the agenda at the London summit of the seven industrial countries next month. De facto participation in the summit by Soviet President Mikhail Gorbachev is also almost a certainty now.
      152 words
  • Article, Illustration
    Time for India to unleash its tiger
    856 10  -  S N Vasuki tells why he is optimistic that India can make it despite the daunting task awaiting the country's new government S N Vasuki "India is not merely capable of making great inroads on poverty over the coming decade; that should be
    856 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      312 10 HOTEL MERIDIEN Now, a meeting package in Phuket that even your accountant would approve of. Imagine holding your next meeting against the backdrop of the Andaman Sea. Imagine taking time out J y from all the business talk to dive into our stunning pool. Imagine a gentle round of golf
      312 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      67 10 DOONESBURY BY GARRY TRUDEAU nr whats part in Kuwait? mi. attention, shopper f VFPi W been i have. I i UHEtIEVEP PEOfU ASK MB, I WHAT POVOV IMNK Mpf?£S- I LOADING GOT A DOU-t PATRIOT IT'S BEING AIWS TEll THEM lOCHE/K Of TUB FINE PfVX> H UPON H fWOONCP,SO/KM /L
      67 words
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  • ANALYSIS
    • Article
      California in danger of losing its shine
      1104 11  -  The crisis of California and the US malaise are not economic but political. Christopher Reed reports from Los Angeles Christopher Reed BOOSTERS of California's mighty economy like to mention that it would be the seventh some say sixth biggest in the world, if
      1,104 words
    • Article, Illustration
      The NDP: Bold and brave shift
      1030 11  -  Malaysia's NDP embodies a bold shift away from a political attitude which for two decades has put unqualified stress on the centrality of bumiputraism. Yang Razali Kassim reports Yang Razali Kassim Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad's New Development Policy is a
      1,030 words
    • Article
      Lock icon Gulf victory may set back US energy security
      641 11  -  The swift end to the Gulf War may actually do the US a disservice. Matthew Wald reports Matthew Wald NYT WHILE the allied victory in the Persian Gulf eliminated for now the threat to Western acccss to Mid-dle-East oil, there is widespread
      NYT  -  641 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      169 11 ILGIARDINO RES IAL'RANI tOUNCI ■\he Lo un ge W\tJi 4 Dif/erenc e Sample our unique Box Lunch at $15.00++ or Dinner at $20.00++. fy It comes with a glass of wine, fjjßlT-Vlft beat rU l P 0r amous I Singapore Sling. 0^ itllj Jul^— Alternatively, you may have a VW
      169 words
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  • THE LAW PAGE
    • Article, Illustration
      Park at your own risk — or is it?
      840 12  - Park at your own risk or is it? Car park tickets usually have the standard exclusion clause absolving the car park operator of any liability for loss or damage while the vehicle is in the car park. Selva Kumar looks at another condition which empowers the car park operator to
      840 words
    • Article
      Don't drive on a suspended licence
      343 12 THE motor-cycle licence owned by the accused had been suspended for a year between April 18, 1988, and April 17, 1989. About two weeks before the suspension lapsed he was caught riding a motor-cy-cle and charged. The magistrate imposed a $1,000 fine but did
      343 words
    • Article
      When the floor space falls short
      421 12 CASE UNG KAI SENG AND ANOTHER V. OUTRAM REALTY PRIVATE LIMITED High Court of the Republic of Singapore, Originating Summons No 910 of 1988 Justice Goh Joon Seng. IT IS a clear point in law that a purchaser of property is entitled to compensation
      421 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      116 12 They May Look The Same To You. But Your Toyota Will Know The Difference. g '-;d '°t sooner than you would to W Toyota Parts deliver quality that S more than s^'n deep. Jftfl nflj| Made by Toyota who ____HMBBHEj exacting standards, Genuine tent Toyota specifically you can be i
      116 words
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  • SPORTS
    • Article, Illustration
      Lock icon Stewart's success
      450 13 US Open AP CHASKA, Minnesota Payne Stewart, of the outlandish clothes, won the 91st US Open Golf Championship in even more outlandish fashion on Monday. It is necessary to go back to the days of hickory sticks, to the days when knickers were even more in vogue, to
      AP  -  450 words
    • Article
      Lock icon Edberg all set to defend Wimbledon title
      495 13 Reuter LONDON Stefan Edberg is putting his feet up for a day or two, even though he defends his Wimbledon crown in less than a week. The Swede, delighted with his best run-up to the Grand Slam tournament, can afford a little relaxation.
      Reuter  -  495 words
    • Article
      Lock icon Martina upset over Wimbledon seedings
      279 13 Reuter LONDON Wimbledon officials angered women's champion Martina Navratilova as they ignored grass-court form and stuck rigidly to current world rankings as the basis of the seedings announced on Monday. Navratilova, who on Sunday won the Birmingham grass-court title, is seeded only fourth for the
      Reuter  -  279 words
    • SIDE LINES
      • Article
        Christie's fed-up with state of athletics
        125 13 LONDON Linford Christie says he is glad to be approaching the end of his career because he believes athletics is in a mess. Britain's top sprinter, outraged by the continuing drug controversies surrounding Ben Johnson and Butch Reynolds, stormed: "The state of the sport
        125 words
      • Article
        Sailing along
        111 13 CAPE MAY, New Jersey Sailboats representing Europe and America set out across the Atlantic Ocean on Monday, pitting their crews against each other and the sea on a 4,800-km race to Belgium. When the starting gun sounded at 1600 GMT, boats representing the US, Belgium, France, the Netherlands
        111 words
      • Article
        Not in the running
        88 13 LONDON Wimbledon champion Martina Navratilova and world number three Gabriela Sabatani have decided to snub the Federation Cup world team championship in Nottingham next month and that officially rules them out of next year's Olympic Games. An International Tennis Federation spokesman said "the Olympic rules state
        88 words
      • Article
        Handle with care
        84 13 DALLAS The head of the International Boxing Federation has instructed his medical advisory council to look into a weekend junior bantamweight title bout in Texas and determine if the use of six-ounce (170-gm) gloves should be banned in the future. "Many jurisdictions in South America, the Orient,
        84 words
      • Article
        Easy victory
        110 13 EASTBOURNE, England Top seed Martina Navratilova took 34 minutes to defeat Amanda Coetzer in Monday s tirst round of a grass-court tournament, but eighth seed Am> Frazier was upset and fifth seed Zina Garrison pulled out wit an injury. Navratilova, 34, defeated the 19-year-old South African 6-0, 6-1.
        110 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      265 13 No. 1 Coleman Street. An address of distinction. Ideal for medium and large companies. Immediate occupation. Office units with areas ranging from 1.400 sq ft to 29,000 sq ft at attractive The Adelphi is ideal for medium and large |||||||||||11l lll|||||||||jj companies', as your headquarters, regional centres or branch offices.
      265 words
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      Page 13 Advertisements Column 2
      786 13 University of California, Berkeley Haas School of Business TIMES CONFERENCES l 4 University Extension, University of California. Berkeley and m™**# Times Conferences The Annual Executive Education Programs Designed exclusively for senior management in Asia, these highly intensive and interactive programs provide opportunities for to enhance their general management perspective and
      786 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      890 14 abtadvening Th e Tung Lok group presents its newest restaurant, Noble House, 1< gracious dining R, j| COOL JADE and molten in a specially designated waiting area, on the piano. a |fj* ll B r -ifff ftf T 1 gold. An eclectic mix, and and guests can sink into the
      890 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      343 15 ble House, located in the heart of the business district iiniiiiiiiiiiiiiiiiiiii um^' < *muam*™r&^^^^M mj i .ffl ■■■■■■■■■■■■■■■HHv :iiHHHI {_n| i A ghw and marble lobby beckon diners at the main entrance of Noble House adds spice* to n t 1W T* ®BLE House offers the full range I Hongkong
      343 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      275 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE A "Heavenly" Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. to 2,30 p.m. Delicate Yangzhou Dianxin. Dinner:6.3op.m. to 10.30 p.m. It A MI MIiKR OKCl)l. IKHTKUS inxii .siNK.Aji*> I lavelock Road,
      275 words
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      Page 16 Advertisements Column 2
      264 16 ■HIIIIII PLUM'S iiiiiiiiiuiin SEAFOOD EXTRAVAGANZA June 14th 30th 1991 The ocean's catches are yours for the picking at Plum's. From clams to crabs, from squid to scallops, the choices are endless. In addition, there are even double return air tickets with accommodation at our sister properties in Hyatt Regency Hong
      264 words
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      Page 16 Advertisements Column 3
      180 16 HARD ATTACK HHHHKk* f f B J HITS SUBWAY! Yes 1 Hard Attack is now wcwing the crowds at Subway Be in the thick of the action tonight' Oder a Bacardi dnnk and participate in our Spin 6 Win' Contest every Thursday S BWY Plaza Hotel W mgfjrit. r »AkM(OIOURFUI..fiV.f.NC
      180 words
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      Page 16 Advertisements Column 4
      217 16 mV V flrH ."fa/Ll That'» our prediction for you when you step into the Kaabah u iwf Y.! 1 live band* take you down memory lane with golden hiu and evergreens Evety night u nostalgia night. You'U be mesmerized \M f *Umy, *rm—lm FB. Karmak* —SuaAgy* t* Tbur*4*y fnm 7pm
      217 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      802 16 TELEVISION AND RADIO wnrn-,. rnfrm i > 11 11 1 111 7 cI 900 "WW W 7.30 The Real Ghostbusters (Car- BUSINESS nii RADIO "3* r%V I 9.30 Wednesday on 5 The toon). BUWNWW UN WW m/W V| f %A/ r"f~" I 1 It"T Death of the Incredible Hulk 8.00
      802 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A case of going one further?
      673 17  -  Fashion fad or tribal instinct from a previous life? Trish Hall discusses decorative body piercing Trish Hall NYT AT THE age of 9, Michael McDonald wants to have his ear pierced. He says all the girls in his fourth-grade class at Public School 321
      NYT  -  673 words
    • Article, Illustration
      Lock icon Read my sunglasses
      494 17  -  Between you and the world Elaine Louie on what's behind those shades Elaine Louie NYT Sunglasses do more than protect the eyes from ultraviolet rays. The right pair can shield the wearer from the public and confer mystery. Worn indoors, they create an air of remoteness and
      NYT  -  494 words
    • Article
      Bad back forces Charles to cancel engagements
      503 17 CHATTERBOX PRINCE CHARLES has cancelled all but one of his public engagements for the rest of the month because of worsening back pain. Buckingham Palace announced on Monday. The one engagement he will keep is an appearance at Friday's march in the City
      503 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      263 17 AND ENTERTAIN Spice up yatff li&Svith the flavors India at, June to PticMJ§ v $18.50++ per fjersOn. 'l&jt ;vimhWftlWw "-<» Dinner bufefito 10 pn>: India. both culturally and. jDance Fever^^ I Ncm there's a place for people 1 who love to twist, cha-cha. rock I |SP n" roll or even
      263 words
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      Page 17 Advertisements Column 2
      386 17 SUMMER SEDUCTIONS Cool and cold culinary temptations to seduce your summer palate including Cold Crab Teochew Style, Fresh Asparagus on Ice, China China Drunken Chicken, Rainbow Cold Dish Combination and many more. Prices from $B.oo+ You don't have to be a member to enjoy fine dining. CHINA CHINA RESTAURANT ZA
      386 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Trading revolves around MMC and UIC counters
      4991 18  -  By Magdalene Ng TRADING ACTIVITY focused on situational stocks as falls in index-linked counters drove the closely-followed market indicator, the Straits Times Industrials Index, lower by more than 10 points yesterday. Lack of fresh corporate leads plus falls in regional share markets dampened
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4192 19 Main Board Robinson 458 +22 +-5 0% DBS Foreign 1410 +20 +14% SPH Foreign 1350 +20 +1.5% Sing Inv Fin 200 f20 11.1% H Negara 410 +16 4.1% SI A 200 1370 H0 '0 7% Jurong Fng 50* 348 +-6 +1.8% Aetna 243 »-6 2.5%
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      546 20 Company Date Year Group Not Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Innovest Bhd Jim 13 Dec 90 M$9.950l ($17.4651) MAA Jun 13 Dec 90 M$2 088($702) 4 5(15) Town City Jun 13 Dec 90 $174L($315L) Causeway In* Jun 12 Dec 90 $1,808(11,864)
      546 words
    • Article
      PRELIMINARY RESULTS
      206 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) B Semba*ang iun 14 Mar 91 $6,742(120.808) 17 7(56 1) 35h(20) M Credit Jun 14 Mar 91 $18,582(18.908) 4 4(1 9) 5(2 5) Metro Hldgs Jun 13 Mar 91 $21,521 ($23,425)
      206 words
    • Article
      INTERIM RESULTS
      177 20 Company Date Half-year Group pre-tax Interim am to profit/loss (L) dividend ('000) Avimo Jun 14 Mar 91 $1,541 ($1,571) 5TE(7 5TE) Samanda Mdgs Jun 14 Mar 91 M$5.558( $4,997) Pacific Can Jun 3 Mar 91 $30($68l) Van der Horst Jun 3 Mar 91 SI.517(31.836) KL Kepong May 31
      177 words
    • Article
      CORPORATE DEVELOPMENTS
      349 20 June 17 DBS Land has proposed to raise J 100 m for working capital by issuing floating rate notes due in 19% Aiance Technology and Development's 51% owned subsidiary Botco-Parkham Ltd has sold its 49% stake in Botco Sdn Bhd to Mezzanine Capital Sdn Bhd. Arab-Malaysian Development Bhd
      349 words
    • Article
      DIVIDENDS ANNOUNCED
      1032 20 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 5%TE Jun 5 Jun 17 Jul 1 10%TE Amcoi 25e 10% Jul 5 Jul 17 Jul 31 10% 10% AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8C Avmo
      1,032 words
    • Article
      RESULTS DUE
      809 20 Main Board Last Full Year Company Penod Date Year Net EPS Gross Net arrorced endnf (cents) d* pro*t last year (5*000) Cerebos Interim Apr 27 Jul 91 12 6 20 OTE(a) 38.911 Spore Land Interim Way 4 Dec 91 12.6 10 0 44.641(g) Asia Pacific Interim Jun 22
      809 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1023 20 Prices at at 18.06.91 Conversion terms Premium/ Expiry j r— (discount) Amount Optional** using issued Company (mil Wrts Share Loan Conv Exer Lnstk 1 Cash Cash Loan Gearing Date Mths units) I stock ratio price nom Stk, Left value I S S 1 Burwill 115 2
      1,023 words
    • Article
      APPROVED ISSUES
      426 20 Company Rights Issue Mean One-fortwo MJ100 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at M$1 per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex-date lun 7 Books close Jun 21
      426 words
    • Article
      PROPOSED ISSUES
      506 20 Company Rights Issue Bolton One-tor-four <g, M$2 00 per share Issue of $90 978m nominal amount of Redeemable Unsecured Guaranteed Bonds 1991 96 with *****m detachable warrants on the basis of 12 nominal amount of Bonds tor every three e«isttng shares held Every $2 nominal amount of Bonds
      506 words
    • Article
      BONDS, LOANS & WARRANTS
      895 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term tor one ordinary share Bind Wt Before 30 6 94 1 warrant plus HKJ100 cash CtC Wt Before 26 93 1 warrant phis S3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus JO 77 cash or 1 warrant
      895 words
    • Article
      COMPANY MEETINGS
      194 20 Gold Coin Ltd: 28th AGM at 421 Tagore Ave. Singapore 2678 today at 4pm. Paramount Corp Bhd: 21st AGM at Bilik Kuliah. 11th Floor. Menara Maybank. 100 Jalan Tun Perak, ***** Kuala Lumpur today at 11am Singapore Petroleum Co Ltd: AGM at the Board Room. 6 Shenton Way.
      194 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Early profit-taking sends Malaysian stocks falling
      4170 21 Bernama SHARE PRICES on the Kuala Lumpur Stock Exchange (KLSE) closed lower on selling pressure yesterday as investors took early profits after recent gains. The KLSE composite index slipped 2.08 points to 630.23 while the industrial index lost 3.09 points to 1,183.00. Losers led
      Bernama  -  4,170 words
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      Page 21 Advertisements Column 1
      31 21 Different Donovan In today's New Paper jflA he sheds that look Wjl| or ano^er at w The latest news 'WnK anc muc^more |X V From lunch-time. Jm Monday to Saturday. t
      31 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Tokyo stocks close easier on lack of fresh factors
      2246 22 Reuter TOKYO STOCKS finished a lacklustre day down yesterday, continuing their consolidation following the sudden gains of late last week. Brokers said the lack of fresh factors and the upcoming release of Japanese money supply data kept most investors sidelined. "There
      Reuter  -  2,246 words
  • Article
    STOCK EXCHANGE OF HONGKONG
    1778 22 The Hongkong market was closed for the second day yesterday. Below are last Friday's prices Vol HK$ High IjOw C000) June 14 Allied Ppt W93 0.55 unch Allied Ppt 1.14 unch 1.14 1.14 937 Allied T.W 0.82 +.010 0.81 0.81 3 Allied TwW92 0.05 unch Amoy
    1,778 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      42 22 ——-s-T A MONTHLY MAGAZINE OF BUSINESS TRENDS vj Sembawang tomorrow's superstar MNC? Charcoal sweat-ships Batam's big believer In search of a green life IP* The tempting food business Investment spotlight on Jardine Matheson Si and United Industrial Corporation Scotts group's growing pains
      42 words
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  • REGIONAL STOCK MARKETS
    • Philippine stock prices carry on sliding
      • Article
        INDICES & TURNOVER
        94 23 INDICES TURNOVER Clow Prrtiotn Juiw 19 SYDNEY All Ordinaries Index 1.5338 1.524 4 9.4 All Industrials Index 2.362.0 2,351.5 10.5 All Resources Index 8996 892.2 7.4 Turnover (million) 91.70 122.29 -30.59 BANGKOK SET Index 805.90 803 81 2 09 Turnover (million baht) 2.780 2.250 530 JAKARTA Composite Index ***** *****
        94 words
      • Article
        MANILA
        547 23 MANILA'S stock market slid further yesterday as uncertainty loomed on the economic horizon and on the future of the US military bases after Mount Pinatubo's eruptions. The Manila Stock Exchange composite index closed at 1,086.87 points, shedding a further 8.22 after it lost 4 per cent on Monday to
        547 words
      • Article
        JAKARTA
        700 23 JAKARTA share prices rose marginally yesterday in very quiet trading as investors largely kept away from the market and brokers put some of the blame on the long holiday in Hongkong. "There were no factors. I think the market will continue like this for at least a couple of
        700 words
      • Article
        NEW ZEALAND
        114 23 NEW ZEALAND shares took heart from a positive opening in Australia to end higher yesterday, but turnover remained very thin. Brokers said many players were still sidelined awaiting further developments, noting an interruption in the declining trend in interest rates over the last week or two. "It could
        114 words
      • Article
        AUSTRALIA
        724 23 PRICES closed virtually unchanged on the Sydney stock exchange yesterday as investors sought to digest the previous day's 16.5-point gain. At the close of trading, the All Ordinaries index was up 9.4 to 1.533.8. The All Industrial index was up 10.5 to 2,362.0 and the All Resources index up
        724 words
      • Article
        SEOUL
        736 23 SEOUL share prices slid down again yesterday in thin trading. The composite price index of the ex- change lost 1.97 point to close at 606.80. Declines led advances 401 to 139 among the 737 issues that changed hands. Volume stood at 6,582,000 shares valued at 89.6 billion won. Seoul
        736 words
      • Article
        BANGKOK
        853 23 THE Thai stock market opened strongly as investors were encouraged by the positive conclusion of negotiations between the government and the Charoen Pokphand Group over a massive phone project. But profit-taking in later trading reduced the early strength. The SET index ended only 2.09 points higher at 805.90 on
        853 words
      • Article
        Lock icon TAIWAN
        146 23 Agencies TAIWAN'S stock index closed above 6.000 points yesterday for the first time since May 24 as investors recovered some trading interest after staying sidelined for the past several weeks. The weighted index surged 99.21 points or 1.7 per cent to close at 6.024.40 compared with last Saturday's 5,925.19
        Agencies  -  146 words
      • Article
        Untitled
        532 23 Wellington NZ Cents VoKTO) June 18 Air NZ 146 I 43 ANZ Banking 470 5 162 Bank Of NZ 70 unch 250 Baycorp 9 9 650 Brierley Inv 116 unch ***** Carter Holt 158 4 5253 Cavalier 180 5 86 Ceramco 140 1 1606 City real lies Corp Inv 90
        532 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        362 23 In load currency In S$ In US$ day year day year day year June 17 Index change change change change change change World 412.2 -0.1 15.1 -0.6 11.2 -0.5 8.2 fEAFE 537.9 -0.3 14.4 -0.8 6.7 -0.8 3.7 Europe 438.1 -0.1 20.2 -0.8 3.6 -0.7
        362 words
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  • WORLD STOCK MARKETS
    • Program selling lowers Wall St prices
      • Article, Illustration
        NEW YORK
        1346 24 WALL STREET stocks ended a lazy, hazy day on a down note on Monday, pulled lower by a bout of program selling as it digested last week's gains. Traders said the market was uninspired in the absence of major economic news. The Dow 30 was down 6.49 points
        1,346 words
      • Article, Illustration
        LONDON
        725 24 SHARE PRICES finished little changed on London's Stock Exchange on Monday. Volume was very low as stock trading got off to a sluggish start on the first day of a new two-week trading account. The exchange divides trading into two and three-week periods for accounting purposes. The Financial Times-Stock
        725 words
      • Article
        FRANKFURT
        192 24 GERMAN SHARES eased a little in the pre-bourse trading yesterday and dealers expected shares to follow Wall Street and Tokyo prices lower. Pre-bourse trade was thin and dealers expected prices to continue easing on the bourse. But there was no major selling pressure and the underlying sen- timent remained
        192 words
      • Article
        PARIS
        164 24 FRENCH share prices were expected to open lower yesterday, tracking lacklustre performances in New York and Tokyo overnight and a weak bond market. "Yesterday, Paris had a hard time matching Wall Street's gain. With Wall Street down overnight, we don't expect France to do any better," one dealer said.
        164 words
      • Article
        MILAN
        244 24 ITALIAN SHARES maintained opening gains in active trading on the first session of the July trading account, brokers said. The MIB share index edged up eight points, or 0.68 per cent, to close at 1,190 on Monday. Stocks in the Carlo De Benedetti and Ferruzzi groups stood out among
        244 words
      • Article
        AMSTERDAM
        265 24 DUTCH SHARES were seen opening unchanged yesterday but could then edge up under the influence of the firmer US dollar. Business was expected to remain quiet throughout the day. "I see it opening unchanged, but the internationals will profit from the higher dollar," said one dealer. He forecast continuing
        265 words
      • Article
        ZURICH
        252 24 SWISS SHARES closed slightly higher in moderate trading on Monday. Brokers said buying interest improved in certain industrial and chemical stocks after Wall Street's 35-point gain last Friday. The all-share SPI index closed 4.9 points higher at 1.117.7 and the SMI blue-chip index rose 11.1 to 1,722. "Buying interest
        252 words
      • Article
        BRUSSELS
        178 24 BELGIAN SHARES started mixed in thin trading yesterday, but holding company Societe Generate de Belgique rose on a report that it was about to sell its 51.2 per cent stake in shipper Cie Maritime Beige SA (CMB). Socgen was quoted 30 francs higher at 2,370 francs in an otherwise
        178 words
      • Article
        JOHANNESBURG
        399 24 THE Johannesburg stock market made a slow start to the day due to a lack of fresh factors yesterday. Dealers said prices were little changed where traded with investors apparently taking a breather to await fresh news. Gold were narrowly mixed amid steady world bullion prices while the rest
        399 words
      • Article
        Lock icon TORONTO
        375 24 Reuter LACK of corporate and economic news kept many market players away on Monday, sending Toronto stocks drifting to close at the day's lows in slow trade. "For a Monday market, it wasn't too bad." said Rolie Bradley, a trader with Maison Placements Canada Inc. The TSE-300 unofficially closed
        Reuter  -  375 words
      • Article
        INDICES & TURNOVER
        86 24 INDICES TURNOVER NEW YORK Close Previous June 17 Dow Jones NYSE Financial SAP 500 Turnover (million) 2.993.96 152.27 380.13 135.0 3.000 45 152.88 382 29 170.0 -6 49 -0.61 -2.16 -35 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.977 6 2.524.0 285.9 1,976.3 2.522.3 435.7 1.3 1.7 -1498 AMSTERDAM
        86 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      59 24 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839, 740-1840. For information on where to buy your copy of: Singapore Business, Her World, Go, Home Decor, Young Parents call our Customer Services Section
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback continues its upward momentum in Europe
      1167 25 REPORTS ASIA TOKYO: The US dollar closed sharplyhigher against major European currencies yesterday, but only moderately firmer against the yen. Buying of dollars against the mark by overseas speculators, led by a South-east Asian central bank, spurred bouts of stop-loss buying. "Speculative money
      1,167 words
    • Article
      INTERBANK FOREX RATES
      389 25 Cross rates June 18 USS SS MS Dm Yen SFr AS NZS US$ 1.7880 2.7890 1.7980 140.75 0.6154 1.5460 1.3132 1.7361 SS 0.5593 1.5598 1.0056 0.7872 0.3442 0.8647 0.7345 0.9710 MS 0.3586 64.11 0.6447 0.5047 0.2206 0 5543 0.4708 0.6225 Dm 0.5562 0.9944 1.5512 78.28 0.3423 0.8598
      389 words
    • Article
      MONEY MARKET
      521 25 Interbank rates S$ Bid Offer Overnight 5 5 1/8 1-month 5 1/2 5 5/8 2-month 5 5/8 5 3/4 3-month 5 3/4 5 7/8 Overnight mode: 5-1/4 LS$ Bid Offer 7 days 5 13/16 5 15/16 1 month 6 6 1/8 2 months 6 6 1/8 3 months
      521 words
    • Article
      Ringgit likely to fall further against S$
      349 25  -  By Quak Hiang Whai SINGAPORE The Malaysian ringgit is expected to fall 3-5 per cent to between M 51.60 and M 51.64 against the Singapore currency from its current level of M$ 1.56 by year-end. In an economic report released yesterday. DBS Bank
      349 words
    • Article
      Lock icon Tokyo banks seek relief on currency position limits
      301 25 Reuter TOKYO Smaller Japanese banks are seeking Finance Ministry (MOF) approval to exclude some foreign exchange positions from their daily limits on currency market exposure. Bank officials said they hoped to have the amount of funds set aside in accordance with the
      Reuter  -  301 words
    • Article
      FINANCIAL FUTURES
      1053 25 g MEX ffij 22ECJH Hi Open High Low Sett Est Vol Op/lnt Vol Sep 91 93.45 Dec 91 92.88 Mar 92 92.75 Jun 92 92.28 Sep 92 91.90 Dec 92 Mar 93 91.56 Jun 93 Sep 93 Dec 93 Mar 94 Jun 94 Sep 94 Dec 94 Mar
      1,053 words
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  • COMMODITIES
    • Article
      Lock icon Platinum prices expected to fall further
      385 26 Reuter TOKYO Platinum prices are poised for a further drop after falling to five-year lows in New York last Friday, but Japanese bargain-hunters are expected to provide support at US$36O (Ss6l2) an ounce, traders say. Platinum fell to US$366 in New York, trading briefly
      Reuter  -  385 words
    • Article
      Lock icon African coffee producers call for return of export quotas
      276 26 Reuter NAIROBI African coffee producers began a three-day meeting with Latin American and Asian exporters on Monday with a call for a conference to negotiate the return of export quotas to boost prices. The 25-member InterAfrican Coffee Organisation (IACO) and nine
      Reuter  -  276 words
    • Article
      Correction, profit-taking push tin price down
      804 26 REPORTS THE PRICE of tin retreated three sen to M$ 15.72 per kg on the Kuala Lumpur Tin Market yesterday. Dealers said the market had to undergo some technical correction and profit-tak-ing activity after Monday's rise of 20 sen to MS 15.75 per kg.
      804 words
  • Article
    PRICES
    1382 26 Rubber June 18 HAS (fob In Mm) S cents/kg Noon (lose lnl 1 RSS Prompt 147.75/148.75N 147.50/148.50N Int 1 RSS July 91 149.25/149 75 149 00/149.50 Int 1 RSS August 151 50/152.00 151.00/151 50 Int 2 RSS OP 147.50/149 50N 147 50/149 50N Int 3 RSS OP 146.00/148 OON
    1,382 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      673 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 BANK OF SINGAPORE (AUSTRALIA) LIMITED A 520,000,000 Term Subordinated Floating Rate Notes Due 2000 In accordance with the provisions of the Note, notice is hereby given that for the six month interest period from 19 June 1991 to 19 December 1991, the Note will
      673 words
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      Page 26 Advertisements Column 2
      342 26 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF S J TRADING MARKETING SERVICES PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of S J TRADING MARKETING SERVICES PTE LTD duly convened and held at 17 Neythal Road, Singapore 2262
      342 words
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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
    1118 27 City Flight ETA Flight no City Flight ETA Flight ETD Nm Dfcafci GA895 1235 MH542 1450 MH641 1315 •MM. QF81 2000 QF82 SQ227 2200 2245 MH609 SQ111 MH/SQ 1625 1705 1800 SQI10 SQ112 QF031 1445 1545 1545 Amsterdam GA895 KL837 1235 1255 SQ24 KL838 2200 2240
    1,118 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The county of living history
      714 27  -  POSTCARD FROM SUFFOLK By Anthony Lewis THE ROAD turns a corner, and there across the fields of barley and peas is an enormous church. Blythburgh, Suffolk, is a tiny village with one shop. Why does it have such a church? Well, in the 15th century,
      714 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Ixxral dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3SS 1.375 Canadian dollar l.SSS 1.585 NZ dollar 1.020 1.050 Sterling pound 2.890 2.920 US dollar 1.7850 1.7950 I.ocal dollars to 100 units of foreign currency Austrian schilling 13.80 14.80
      152 words
    • TRAVEL SLICES
      • Article
        Venetian paintings draw huge crowds
        109 27 THE collection of Venetian paintings assembled in the Galleria Accademia in Venice has become such a popular attraction that for security reasons the museum has been forced to limit the number of visitors at any one time to 180. The Galleria Accademia. in the former
        109 words
      • Article
        Leasing may be the way to go
        133 27 IF YOU need to jet around often on very tight schedules but have no intention of investing in a private jet, consider leasing a jet instead. According to Arrival magazine, Genevabased Aeroleasing (ALG) Far East (Pte) Ltd operates around the region from the
        133 words
      • Article
        Additions to flight routes
        109 27 THERE will be a great number of additions to air routes and carriers in the coming months, reports Arrival magazine. Starting on November 2, Qantas's QFI77 and QFI7B, both Boeing 767-300s. will fly Sydney/Seoul weekly. Its subsidiary, Australia Asia Airline, will fly to Taiwan twice weekly.
        109 words
      • Article
        Diving paradise in Thailand
        58 27 IN ITS June issue. Arrival magazine takes a look at some of the hottest diving spots in the Asia-Pacific region. On its recommended list are the virtually uninhabited Siliman islands, 80 km northwest of Phuket. The waters there offer an average visibility of 40 m and
        58 words
    • Article
      WORLD TRADE EXHIBITIONS
      187 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel June 18-22 Asia's Int'l World Trade Reed Exhibition *****13 July 14-21 Exhibition On Buenos Aires USUARIA *****2855 Exhibition Centre. Companies Equipment. of Packaging Singapore Technology Machinery A A Services for Materials A Food Informatic Processing Telecommunication Machinery
      187 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      31 27 Irving, don't forget Finnair conducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. We know Europe from start to Finnish.
      31 words
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      Page 27 Advertisements Column 2
      127 27 BL^H w J If^ 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 P Essential information accessible every business day your money through Business Times In the same way a
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      285 27 1 Only women dream about proper manner (7) 9 10 Chatter quietly with Bir- mingham conductor WM 11 Author of The Highway- Ti man disheartened by rejec- 12 Hygienics necessitate it in H Hi South American country I I Urge to 15 Write stock phrase about [111 1 I 1
      285 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      209 27 Singapore Outlook: Showers over a few areas in the afternoon. Report: Maximum temperature 31.9 Assoc humidity 75% Minimum temperature 25.CT Assoc humidity 97% Hours of sunshine 4.95 Rainfall in mm 1.9 Rainfall this month 94.9 Rainy days this month 7 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/10 Showers Bangkok 32/24
      209 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      42 27 \u)e I LETS HAV£ A laugh GeoMe feeder BWNG ON"TH£ HOAUI Imog'^e, tp 6>f\R -B- Q on RCOFJ/[///[ co\jr+ of <ir\q Neptune, 20.000 yyftppy f A, 0 leagues M 0.... J tOk «A -ta i#»' 8449 EVENING STANOARO CO LTD.. IM2-IWI J-L—'
      42 words
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  • Article, Illustration
    Rao emerging as leading contender for job of PM
    674 28  -  Sharad Pawar being persuaded to back down By Harish Mehta THE Congress (I) party yesterday hunkered down in secret talks to select a leader who would be the Prime Minister, and a consensus seemed to be emerging for Party President PV
    674 words
  • Article
    Lock icon Malaysia to review incentives given to foreign investors
    459 28 AFP KUALA LUMPUR Malaysia. enjoying its biggest boom in foreign investment, said yesterday it would favour capital- and technologyintensive investments to ensure better use of dwindling labour and other resources. International Trade and Industry Minister Rafidah Aziz said a review of fiscal
    AFP  -  459 words
  • Article
    Lock icon Evergreen to cut back investment in Taiwan over airline dispute
    269 28 Reuter TAIPEI Taiwan's Evergreen shipping group, angered by legislators' attempts to block its international airline operation, announced yesterday that it will reduce its investment on the island. Spokeswoman Kitty Yen said Evergreen, the world's largest container shipping operator and one
    Reuter  -  269 words
  • Article, Illustration
    Dr Hu reaffirms need for strict financial regulation
    531 28  -  By S N Vasuki SINGAPORE'S successful development as a financial centre has depended heavily on the maintenance of sound, prudent standards linked to strict enforcement of these standards, said Dr Richard Hu. the Minister for Finance. He was speaking on The Regulation
    531 words
  • Article
    Lock icon US, Japan finance ministers to meet
    128 28 Reuter TOKYO Interest rates, exchange rates and aid to Moscow should figure on the agenda at talks in New York this week between US and Japanese finance ministers, Japanese Finance Ministry sources said yesterday. Earlier in the day. Finance Minister Ryutaro Hashimoto had announced
    Reuter  -  128 words
  • Article
    Lock icon West must act to stabilise E Europe and USSR: Baker
    227 28 Reuter BERLIN US Secretary of State James Baker yesterday urged the West to reach out to Eastern Europe and the Soviet Union before ethnic tensions threaten stability. In a policy speech on the eve of a major East-West foreign ministers'
    Reuter  -  227 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      79 28 MBi—BBM IVIIIDR^EEEStIZI —II The Richness Of Leather Handmade To Perfection. mm FOR SALE En Bloc A PRIME 12-STOREY RESIDENTIAL DEVELOPMENT AT CUSCADEN WALK/AUGULLIA PARK I Within 5 minutes walk to Orchard 1 1 J MRT Station Freehold tenure jji I Tr 11 units of 4-bedroom apartments jj ff" Ji]| Typical
      79 words
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      Page 28 Advertisements Column 2
      9 28 India will make it: a personal view, Pg 10
      9 words
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      Page 28 Advertisements Column 3
      226 28 U if=3i—*=^l—t —II The Richness Of Leather Handmade To Perfection. M A HOW TO MEET WITH SUCCESS. A J There's more to hosting a successful business meeting than meets the eye. In Negara Brunei Darussalam, it makes sense to start by talking to the experts at Sheraton Utama. Our team
      226 words
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  • SHIPPING TIMES
    • Article, Illustration
      Chokhani yard plans to expand shiprepair capacity
      427 29  -  By Rahita Elias KEPPEL's joint-venture in Madras, the Chokhani Shipyard, is planning to expand its shiprepair capacity, just nine months after it was officially launched. A Keppel spokesman told BT that the Indian yard had consulted Keppel for technical advice on the proposed
      427 words
    • Article
      Lock icon Saudi charterer to rebuild oil stocks
      152 29 Reuter LONDON Saudi Arabian charterer Vela could soon rebuild its floating oil stocks after running them down in May, analyst Clarkson Research Studies said. At the beginning of June only six large vessels chartered to Vela were in storage, it said in its monthly
      Reuter  -  152 words
    • Article
      More Thai customs checkpoints for export cargo to be open soon
      444 29 BANGKOK The customs regulation amendment before the Thai authorities, aimed at increasing the number of customs checkpoints for export cargo and to provide a one-stop service, is expected to be finalised this week and implemented in one month. The
      444 words
    • Article
      Lock icon Boeing still competing for China's jet deal
      249 29 Reuter SEATTLE Boeing Co said it is still in the running for an order from China for 150 twinjets and that a jet assembly pact between China and McDonnell Douglas Corp would have little effect on Boeing sales to China. McDonnell Douglas said
      Reuter  -  249 words
    • Article
      Sea-Land sets up firm to handle operations at Kwai Chung
      457 29 HONGKONG The SeaLand group has formed a new company, Sea-Land Orient Terminals (SLOT), to handle its terminal operations at Kwai Chung in Hongkong, paving the way for private investment. Mr Gary Gilbert, vicepresident for Central Asia of Sea-Land Service Inc,
      457 words
    • Article
      Commitment is the key factor in sustaining profitability
      342 29  -  Asian Shipping Forum '91 By Magdalene Phang COMMITMENT by all concerned will be the major factor in sustaining the profitability of the maritime industry, especially during times of crisis. In his speech at the Asian Shipping Forum '91 yesterday, Mr Aswin Atre,
      342 words
    • Article
      Lock icon Delay likely in vegetable oil freight terms
      270 29 Reuter LONDON The introduction of regulations to prevent bulk vegetable oil cargoes being contaminated in ships' tanks will be delayed by one month to Aug 1, a Federation of Oils, Seeds and Fats Associations (FOSFA) council member said. "Given the time constraints, Aug
      Reuter  -  270 words
    • NEWS SUMMARY
      • Article
        Environmental concerns affect repair demands
        28 29 AMONG the most important factors that are influencing the development of repair demand are environmental concerns and repairs to older VLCCs Page 2
        28 words
      • Article
        Strong plea to improve ship design
        33 29 A STRONG plea for better ship design and greater responsibility by owners and maritime authorities for ship safety was made recently by Mr Frank Chao Back Page
        33 words
      • Article
        Alaska approves oil spill response plans
        51 29 THE State of Alaska has approved oil-spill response plans filed by 21 tanker operators shipping crude oil from the marine terminal of the transAlaska pipeline. It also approved the spill contingency plan filed by Alyeska Pipeline Service Co. operator of the 800-mile pipeline. Back
        51 words
      • Article
        Kuwait Airways orders 15 Airbus planes
        43 29 KUWAIT Airways has placed a firm order for 15 Airbus planes and taken an option on nine more in a deal worth a total of USS2 billion to rebuild its fleet after the Gulf War Back Page
        43 words
      • Article
        Norwegian owners seek foreign investments
        40 29 FOREIGN investors will play an increasing role in Norwegian shipowners' efforts to find the enormous sums needed to modernise the nation's fleet, Jens Ulltveit-Moe, president of the Norwegian Shipowners' Association (NSA). has predicted Back Page
        40 words
    • Article, Illustration
      Lock icon The effect of repair operations
      590 30  -  Environmental concerns are influencing shiprepair demands for older VLCCs. Nigel Kitchen looks at this issue Nigel Kitchen Seatrade Among the most important factors that are influencing the development of repair demand are environmental concerns and repairs to older VLCCs. Concern for the reduction in use
      Seatrade  -  590 words
    • Article
      Lock icon WEEKLY FREIGHTS
      471 30 AFP TUESDAY'S surprise announcement of US President George Bush's decision to grant US$l.5 billion worth of credit to the Soviet Union lifted a depressed dry cargo market and allowed freight rates to advance over the week. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index, having fallen
      AFP  -  471 words
    • Article
      DAILY FREIGHTS
      568 30 THE DRY cargo freight market on Monday started the week buoyantly, brokers said. A long time-charter list for July loading dates reflected a strong Atlantic market, while expectations the USSR will enter the market in the short term gave further support, they said. Other sectors were comparatively calmer
      568 words
    • Article
      THE SHIPPING GUIDE
      8487 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Fort of Singapore. Advanced dates are published for a maximum
      8,487 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        589 45 Vessel Voy No Beth Vnvji Departire Vessel Voy No Berth Arrival Depart*e Keppei Wharves Catamarca 2 37EB CIO alongside 2006 0700 Kota Pusaka E903 K31 alongside 24 06/0600 PuMwwnik Oa 13W K32 19 06/1800 Xmheng 9106 K34 alongside 2106/2200 C Express 07A,91 K33 18 06/1500 2106/0600 Li
        589 words
      • Article
        CONTAINER SCHEDULE
        1409 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Rtcord Boofclnf/Baianct Rsits SNp Voy No Etb/Btr Ported From To From Acx Rose 15 21/0400 2 18/1700 19/0659 19/0900 4 19/1200 19/1*59 19/1700 Ad Goncharo* 32SI91 21/1200 3 19/0700 19/1159 19/1*00 4 19/1200 19/1*59 19/1700 Albert Ms 9106 21/1*00 3
        1,409 words
      • Article
        IN MALAYSIAN PORTS
        190 45 Penang Port On the way: Kentonvale Star. Dresden. Supeom 1, Bunga Kasturi. Telina. Asian Pegasus. Lian Hwa Shan. Bunga Kekwa. Petro Mewah. Sri Arika, Youyi 7. Phegoa. Progress Liberty. Dubhe, Anson Due on Ame 18: Perkasa, Gulf Bridge. Shafinaz Ria. Damansara Alam Teladan Due on Juie 19:
        190 words
    • Article, Illustration
      Lock icon Shipowners urged to improve ship design
      332 46 Lloyd's List OSLO A strong plea for better ship design and greater responsibility by owners and maritime authorities for ship safety was made recently by Frank Chao, chairman of Intercargo. At a bulk carrier casualty seminar organised by Intercargo on the eve of of
      Lloyd's List  -  332 words
    • Article
      Lock icon Norwegian owners seek foreign investments
      168 46 Lloyd's OSLO Foreign investors will play an increasing role in Norwegian shipowners' efforts to find the enormous sums needed to modernise the nation's fleet, Jens Ullt-veit-Moe, president of the Norwegian Shipowners' Association (NSA), has predicted. The need for greater input of foreign equity is being
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      Lock icon Alaska approves oil spill plans
      320 46 Reuter ANCHORAGE, Alaska The State of Alaska has approved oil-spill response plans filed by 21 tanker operators shipping crude oil from the marine terminal of the trans-Alaska pipeline, officials said. It also approved the spill contingency plan filed by Alyeska Pipeline Service Co, operator of
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      Lock icon Kuwait Airways orders 15 Airbus planes
      280 46 AFP LE BOURGET, France Kuwait Airways has placed a firm order for 15 Airbus planes and taken an option on nine more in a deal worth a total of US$2 billion to rebuild its fleet after the Gulf War. Kuwait Airways lost 15 of
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      203 30 ihere Are 10,000 Parcels On This Plane But Some Are More Important Than The Rest. ts -x^fe r g u -w^PByWHP^ -^ga^jaLj v-.-' V- "*M a m y lours. At UPS, we handle over 11 million deliveries every working day, spanning 180 countries and territories, worldwide. We track international deliveries
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      70 30 NOTICE M.V. 'ESPERANZA ACE" Voy. 19 Arrd Singapore 4.8.91 "ASIAN COSMOS" Voy 15 Arrd Singapore 0.6.91 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 20th June 1991 (Thursday) at Paslr Panjang P5 0900-1200 hrs. No further survey
      70 words
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      2486 31 200 Cantonment Raid #12 05 Southpomt. Singapore 0208 \HVfr Tel *****11 TELEX NO RS ***** m WgllllH TERMINAL/CfS Tel *****18 220 Wi V* Bflflflfl BOOKINGS Tel *****34 258 I^LItUL VWw .J PCSAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA*****
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      Page 31 Advertisements Column 2
      1224 31 INDEX TOWWKIjSERS Page Col Page Col A 1 M ABC Containerline 12 1 Vi R Frwdg 13 1/2 Accord Group 8 1-3 Mac-Nels Agencies 14 1/2 Aeropak Express 9 5 Macoline 18 3 AFS 15 2 Madju Sdn Bhd 1S 1/2 Ahrenkiel Liner 16 4 Maersk Line 3 4/5 Allied-Link
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      Page 31 Advertisements Column 3
      2406 31 mnimsnassm TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 OAYS ETD WEEKLY TUESOAY AND WEDNESDAY SINGAPORE/LONG REACH 19 DAYS VesMl Voy ETA j ETD 'Port Per any Singapore Kel.ng DESTINATIONS This M«rgr«tn« Mwt* 9"OC lllliHi liy KM QPS^HIfH is/6 0600 hrs M WKM HiMHH CFS 17/8 2358 MRS OAK LGB
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      1158 32 ROTTED AM/ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 ibTtSTHI HANNOVER EXPRESS 03/324 23/6 10/7 12/7 15/7 16/7 JMMMffK* KATSURAGI 06/125 27/6 13/7 16/7 15/7 1. At WfTtOUW PTHAMES 06/325 30/6 17/7 19/7 22/7 23/7 MUtfW 8 FOMjtCWtO LA SEINE 19/126
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      Page 32 Advertisements Column 2
      657 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 6/7 18/7 20/7 26/7 ALSO ACCEPTING CARGO WIA SUVA TO LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 6/7 8/8 9/8 14/8 15/8 Agents SINGAPORE: *****11 wWff Jardine Shipping
      657 words
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      1440 32 ByW REGULAR IMOEPEMOEWT FULL CONTAINER SERVICE w£STB6UND FOR EUROPE VSL VOY SIN ALG BCL HAM HtE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9115-3 21/06 12/07 14/07 17/07 11/07 19/07 20/07 21/07 22/07 NORASIA SUSAN 9116 3 29/06 IS/07 19/07 22/07 23/07 24/07 25/07 26/07
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      2228 33 SjSSteamers Maritime Holdings Ltd W, V P&O fITMI STRAITS SHIPPING fl« M■M Am ■NNk A HHHiPi n itwil tan Malaysia, Containers mm *-**>«««— Vov No »-P»n +-Pkl S'p«« Alf Sou Ant Rot Hb| LED* MAfRSk 9108 15, 04 17 ,04 19 06 04/07 07/07 01/07 10/07 ACCEPTS DUE SAM.S CARDIGAN
      2,228 words
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      Page 33 Advertisements Column 2
      2389 33 TO: U.S.AJPANAMA FM: U.S.A./PANAMA vtssn/wr sr_ o*« lgb c«i foe s«» wo* mc gm/gr wc w «i at ia ow v ATLANTIC MNATOO QUI M/l 17/7 19/7 29/7 3/1 «/l fCN TON* SINATO* WA US i/S 10 5 17/S 17/5 26 5 27/5 ?ll DSN SENATOR EFIK 29/1 24/7 2t/7
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      Page 33 Advertisements Column 3
      390 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I wsxi TvoTTs? PS [wc [TiTJ ASEAN TRADER U "hTt I I COSMK MOWER "fi ~WI IUI T T~ BAM ULAH 1 ~vTi T T ASIA VENTURE 7 "SI ORANGE MOON 71 ~vTi "»7i koushun H Tn T 1 T ~v
      390 words
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      621 34 SOBB CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSt ¥0Y $?ORT~ ROAM ADAM H BURG BSEMIN ANMRP MATAMM 29*8 20/8 22/7 27/7 31/7 3 »IWIAY»,32WB 11/7 19 S 25 I 29/1 2/9 KUTAI 23*8 25,8 26 9 1/10 610 10,10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to
      621 words
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      Page 34 Advertisements Column 2
      840 34 jfc 3& M, HANJIN SHIPPING S pore ILEH RTM ANR HAM BRV FEL 1 FEEDER VSL SIN LINE HAUL LGB OAK HANJIN ROTTERDAM 014 M 19/6 6 7 7/7 8/7 8/7 9/7 10/7 Ih AN JIN SINGAPORE 002£ 1/7 DffiECT 22/7 25/7 HANJIN KAOHSIUNG 004 M 23/6 11/7 12/7 13/7
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      1308 34 flmid i IfKl SGP HKG KSG KLG PUS HKT OSK NGY SMZ TYO UU CHS BAL NTCLMT Ml W W IK K) M K I E GKONTH tt-032 19 i 21/1 X/t 27'S »/I 2/7 4/7 1/7 7/7 1/7 1/7 20/7 1/1 1/1 5/1 14/1 15/1 lt/l 17/1 11/1 29/1
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      2090 35 V 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/*****14 199 Mm AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE -*****48 CFS: K27 IMPORT: *****69/*****50 MM mm NEPLINE SDN BHD MALAYSIA K.L.-(03)
      2,090 words
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      Page 35 Advertisements Column 2
      1137 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: *****41 *****8 JOHORE BAHRU: *****11 *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHARGING WESTBOUND—LOADING TKANSHmP VIA ROTTERDAM wntis wt K mko ¥OT |«w |m |fo j»H» n |«tm
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      1476 36 K 4 4V" 9 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W mm v w| m TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I |4 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I L/ A TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 ■■■1 KAWASAKI KISEN KAISHA,
      1,476 words
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      Page 36 Advertisements Column 2
      189 36 Continental Pacific Shipping r Jf TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU SPORE PK I'JAWNG FOR MARY M Sid Shi In Pt RDM WT'FIU/W WORLD DMPH4ON 30/6 SETE RDM MIT FIU/I* CORONtS II 2*'* ROM »NT FLU-UK Loads Sibih Indonesia MULTIPORT AGENCIES (S) /TjK PTE. LTD. V/ TEL: *****77 FAX: *****31
      189 words
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      Page 36 Advertisements Column 3
      140 36 [Spore P KeUng Loading for I WORLD AJAX 5/7 8/7 Atw Rdm UK Nantes IS'pore Loading for I GOLDEN FOUNTAIN 20/6 Dubai Dammam Muscat Bahramß MERCHANT PILOT In Pt Hodeidah Jeddah Aqaba I KARINA 27/6 Dubai Dammam Bahrain APJ ANGAD 3/7 Hodeidah [Spore Loading for SAMMI SUPERSTARS Los Angeles New
      140 words
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      Page 36 Advertisements Column 4
      1331 36 \t*+ PHILI-OmCNT UN€S PTC LTD '08 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGI IT FORWARDERS ASSOCIATION 24 JUN MONTREA^TTAW^ORONTO^^^^^^ VANCOUVER. S WESTERN ONTARIO li
      1,331 words
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      Page 37 Advertisements Column 1
      1538 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSS K iBBJ P>L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA J iBANGKOK 1~ _1I TONIC Vov SIN jkt sin s H'l SoTA PAHLAWAN 9123 21/7 24/5 M/« BUNQA TERATAI 253 23/6 25/6 30/6 PEGASUS PROGRESS 672N 21/6 24/6 28/6 EDEN 261 25/6 26/6
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      Page 37 Advertisements Column 2
      647 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 VOY NOS SPORE IEHAVRE ROTTERDAM SHAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Seiandta* 198 20/6 7/7 8/7 10/7 11/7 Benatder 196 21/6 11/7 12/7 Bunga
      647 words
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      Page 37 Advertisements Column 3
      389 37 BEN ASIA CONTAINER SERVICE Spore B'kofc Pegasus Progress V672N 21 kr 22-23 Jun Ingenuty VI3SN 21-22 lun 25-26 )un Pegasus Progress 673N 25-26 tun 28-29 km Ingenrty VI3SN 2»-29 lun 2 3 M General Agents: Tel: *****22 Ben Line Agencies (S) Pte Ltd Far *****63 m (National Carrier of Jordan)
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      Page 37 Advertisements Column 4
      426 37 mm* MYANMA FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P Gdf AVA VIO9W 23/26 )un 20/22 tun MYOMA YWA VI36W 23/27 Jun MNYA VIISW 4/7 My THE BANK UNE (A Mrvlc* ol Andrew W«ir Shipping) V SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS
      426 words
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      783 40 TO AUSTRALIA/NEW ZEALAND VSL Ski Frtm Wfb [sTd lAuck [Si |P CHALM »mii«N 273 3o~s ®7? n7T~TiTJ 2o~r~~vTi~~n~i UAATMA 275 i l 1? S 16 I 19 S 25/1 27 8 28~« ELLEN HUD4G 276 17/» "24 30~« 71 19 13/9 BmjSSfl 277 31/8 I*9 14 9 18 9 23
      783 words
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      1252 40 ooriouhb voy pkl png mT sin hkg kaq kee ~tyo sm2 nco kob [vessel voy Tsin [pkl PNG BLW SIN ACX ROSE 15 22 6 *17 6 21 6 2«6 2_7 3 7 4 7 ICEBIRO 10A 19 6 20 6 21 6 24 8 CALIFORNIA CARRIER 6B *17 6
      1,252 words
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      Page 40 Advertisements Column 3
      1403 40 r\te t iniMm CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2, MtSTRI ROAO, HMC BUILDING TEL: *****00 #15 00, SINGAPORE 0207 TELEX: RS ***** COSHB> CR NO: **********0 M FAX: *****66 CABLE COSTARLINE General Agents: OOSTAR SHIPPING PIC LTD TO HONQKOMQ AND CHINA FROM MONO KOHQ AND CHMA t
      1,403 words
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      983 41 OICtCOMV EWTIOW AL SEItVICE Vewel PKL PNG PG Loadinf lor A VESSEL 28 06 Rotterdam Antwerp CHIHA FULL COWTAIWER SEHVICE Vtu«i SGP PKL BKK HKG QIN SHA YANGFANGKOU 153 OS/7 03/7 09/7 15/7 18/7 YANGFANGKOU 155 05/S 03 8 09/» 15/8 18/8 Mm Kcwtoi Iv il chmw txrtt HG AUSTRALIA
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      382 41 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) ®FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) \m ETHIOPIAN SHIPPING LINES y~ (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA I LOADING FOB SPORF ANDINET 24\/VB 20 07 DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA ABVOT 26W8
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      Page 41 Advertisements Column 3
      556 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA IT* ETA SPORE POUT KELANG PENANG BLLH IAM 5/7 loading lor Ma»f MUVAI HUOHU 2/7 loading (or Calcutta 00l MiN 30 6 loading For Wale PIONEER SUPREME 23/6 21,6 loading For Male OONAKULHI tn Pt loaded For Fetmaru PROGRESS LIBERTY 20/6
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      Page 41 Advertisements Column 4
      453 41 SYDNEY/MELBOURNE BANGKOK wr mm vn «na wr vmtrm Bumum "TA mm 0905 20-21/6 03-5/7 074/7 «UW S«N In Pt 18/6 Sat 22 6 PLANET A JlO5O 5-6/7 11-20/7 22-24/7 BHUM# 62N In Pt 19/6 Sat 22/6 PITA BHUM 1106 20-21/7 02-4/1 06-1/1 DEIA BMJM# 25? H 21/6 Sun 23 '6
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      353 41 Tieen-unE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER BAY 163N 21-21/06 27-28/06 05-05/07 KURILSK 162 A 24-24/06 01-03/07 09-09/07 TIGER STAR 164N 30-30/06 06-06/07 13-13/07 VSL VOY SINGAPORE/C ALCUTT A/SMGAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 132CN8 22-23/06 29-01/07 07-08/07 EAGLE CAPE 012 24-25/06 01-02/07
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      1146 42 S'PORE IMPORT: *****02 PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS COLOMBO/* AFRICA pfN PK S)N PEN PK SIN Co|ombo 28/6 29/6 30/6 19/6 20/6 21/6 Ldn/Flx/Rdm/Ant Durban/Pt Loui» 22/6 23/6 24/6
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      111 42 I SINGAPORE/CHINA DIRECT BERVICE I I Sport loading For I MV KAIHENG 29-03 JUL HUANGPU GUANGZHOU I MV ANANAS 05-10 JU4. HUANGPU GUANGZHOU A VESSEL 05-10 JUL XINGANG DALIAN I I ALL VESSELS ALSO ACCEPTING SINGAPORE HONGKONG CARGO I SUBJECT INDUCEMENT Conventxxul iCI/FCL Sennce To AFRICA ASM. EUROPE. NORTH,'SOUTH NCRICA
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      Page 42 Advertisements Column 3
      360 42 iflXt BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI "fully containerised monthly sailinos DISCHAROINO AT NEW PLYMOUTH PORT CHALMERS ACCEPTING KCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCAKGIL, FIJI AND TAHITI UN N PIV AUCK LTT MAHSUHI 0591 27 Jun 7 iut Via NPI 9
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      Page 42 Advertisements Column 4
      791 42 /SI 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 CONV«NTtONAI/CONTA.NIII WWOM tWffi 3INQAPORE TO WEBT MALAYSIA 81NQAPORE TO BABAH VESSEL jvOY |ETA IdEST VESSEL VOY ETA PEST KIM SOON
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      Page 42 Advertisements Column 5
      369 42 NVOCC FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. PORTS FREQUENCY MTH ETA SIN TRANSIT TIME AUCKLANO 3 SAILINGS 25/06 14 DAYS BANGKOK 4 SAILINGS 25/06 3 DAYS CHITTAGONG 4 SAILINGS 5 DAYS COLOMBO 3 SAILINGS 26/06 5 DAYS DUBAI (UAE) 3 SAILINGS
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      795 43 \3S^^^COMPANI/^ERUANA^^ VfcjfiL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK FCL/SOC CARGOES TO/FROM CALLAO MATARANI. ILO* OTHER PERUVIAN POfUS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P Keiang Singapore E'Miia KAMALEVERETT 29/30 Km 01/03 Jul THOMASEVERETT 13/15 Jul KARABCVERETT 23/25 Mai 26/28 Jul "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 43 Advertisements Column 2
      554 43 EEEOMsS vsl Ivoy]spo<>£ [mainline* kA» Tkst [sov |wyc [hex ZIM PHAEUS 12IE 29 6 m SAVANNAH 21 1 S I II 10/1 17 S 7IM KOfE* Itt 17 ZIM SAVANNAH 27 1 5 1 I I 10 1 12 1 rm KAOHSHJNG 1301 *7 2M CANADA HI 20 1 23/1
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      Page 43 Advertisements Column 3
      643 43 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL L>UBAI OAMMAN SHARIAH DOHA MUSCAT. BAHRAIN ABU DMABi BANDAR ABBAS JfDOAH FAR EAST ACCEPTING FCL/LCL PENANG. P KELANG. JAKARTA BANGKOK HONG KONG TAIWAN lAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE LEEDS. TILBURY ABERDEEN LE HARVE HAMBURG ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN ALL
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      Page 43 Advertisements Column 4
      615 43 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY MELITA 11/91 21/06 24/06 JATIDIRI 937 22/06 25/06 MELITA 13/91 27/06 30/06 JATIDIRI 938 29/06 02/07 DERAJAT 943 02/07 05/07 MELITA 15/9* 04/07 07/07 TANTO UTAMA 171 In Pt 22/06 TANTO UTAMA 173 27/06
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      400 43 SIM FAR EAST 23/6 KEELUNG/KAOHSIUNG 24/6 BANGKOK 29/6 MANILA/CEBU 22/6 JAKARTA/BELAWAN/SURABAYA 22/6 PORT KELANG/PENANG/E. Malaysia 29/6 BUSAN 23/6 TOKYO/YOKO/KOBE/NGO/OSA 25/6 HONG KONG SIN CHINA 25/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU 'XIAMEN, SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 24/6 LDN/FLX/LVP/SOU 24/6 RDM HAM, ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech.
      400 words
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      Page 44 Advertisements Column 1
      757 44 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 4096 20 JUN 23 JUN TAKARI I 1714 24 lUN 26 JUN TAKARI IV 4098 27 lUN 29 JUN TAKARI I 1716 01 JUL 03 JUL
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      216 44 Vi'<~ PGSL -WORLDWIDE PANAMA -GLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING PORTS SOUTH Santos. Rio Grande, Rio De Janeiro, Fortaleza AMERICA Montevideo (Uruguay) Buenos Aires (Argentina). Chile Brazil all ports LCL/FCL SANTOS BUINOS AIRES LCL/FCL Colombo VESSEL /VOY ETA SIN RABELAIS V OWRI 23/6/91 FCL/LCL SERVICE TO SOUTHERN
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      Page 44 Advertisements Column 3
      590 44 SHIPPING CORP. SDN BHD [JSm PT KLAM TIL 03-J17M06 |6 llMt| FA* *****11 VVDC/ PEKAK TEL 04 *****9 SKA* TEL 089 21*582 X CCZ Slid TEL 084 *****2 TA6AU TEL 009 *****9 KK TEL 080 *****0 KUCH TEL 062 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE IfHDtn toy 1 pen I
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      Page 44 Advertisements Column 4
      476 44 uUII con -mv inTEßmopnpi VLCL/FCL SERVICE FROM I IB H J CU/I operetee over 600 t6rmlnel6/offiC6S In U.S.A. 1 111 (■ffllj Jflßi m CUM maintsine over 35,000 tractors ft trucks. \l II HM\ Jaw 86TV66 over 60,000 points In US.A HUH «O|J Mm W (jXMT offer raliabto LCUTCL 66rv1066. Ganaral
      476 words
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      Page 44 Advertisements Column 5
      425 44 ILBJ JILJ JII JIJ.I J. *****1 1MANILA ETA VIGOUR PACIFIC 39N3 22J5 VIGOUR SINGAPORE 3NB 29J> BANGKOK 21/6 28 6 BUSAN 24/6 28 6 HONGKONG 24 6 28 6 DURBAN PT LOUIS 7/7 24/7 KEELUNG 23 6 30 6 US A 24>6 1/7 PT KELANG 21, 6 28 6 KOBE
      425 words
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      Page 45 Advertisements Column 1
      632 45 MORE FREQUENT FUGHIS WORLDWIDE NEW ZEAUND/FUI 1 VESSEL Jkt P.Kg fm *Bkk Sin S'baya Auckland Fiji(A) N-Ptymouth(A) Tmaru Lyttelton(B) Dunedn(B) Napier Wfe#ngton(C) Tauranga N Rosarto/9114 18/6 20/6 20/6 20/6 21/6 24/6 8/7 31/7 10/7 11/7 12/7 12/7 13/7 13/7 15/7 N Rochester 9115 29/6 1/7 1/7 1/7 3/7 6/7 19/7
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      317 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 *****400 1500 1600 **********00 2000 2100 2200 2300 JR 14 18 2.4 2.7 28 2.7 23 18 14 10 0.7 06 0.7 10 1.5 19 2.2 23 2
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      Page 46 Advertisements Column 1
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      Page 46 Advertisements Column 2
      174 46 IMMJiji.T.i PASIR GUDANQ SINGAPORE CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR GUDANQ SINGAPORE W)Y ETA 2100 m% ETD 0700 HIS ET4 1300 WIS ~OO9S 21/4 22/4 2271 0105 24 6 25 4 25 6 011S 2t/t 24/4 25 8 012S 1/7 2/7 2/7 013$ 4/7 5/7 5/7 014S 4/7
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      Page 46 Advertisements Column 3
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