The Business Times, 28 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 Friday, June 28, 1991 75"
    10 words
  • NEWS SUMMARY
    • Article
      UK official sees signs of recovery in second half
      87 1 LONDON There are signs that the British recession is coming to an end and that recovery will begin in the second half of 1991. British Treasury Economic Secretary John Maples told Parliament yesterday. Meanwhile, capital spending by UK manufacturers fell by
      87 words
    • Article
      KL current account deficit could hit M$8b
      32 1 KUALA LUMPUR Malaysia's current account deficit could rise to MsB.o billion (Sss.l billion) this year according to initial estimates. Finance Minister Anwar Ibrahim said yesterday.
      32 words
    • Article
      Surplus for Income
      33 1 NTUC INCOME has reported a surplus of $102.2 million for its operations last year, a jump of about 40 per cent from $73.5 million in the previous year Page 2
      33 words
    • Article
      Mexican magnet
      35 1 MEXICO may divert direct investment and trade flows away from Asia when it becomes a quota-free, tariff-free production haven for the North American market, says Political and Economic Risk Consultancy Ltd Page 7
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    • Article
      Queensland eyes Asia
      31 1 QUEENSLAND is shifting its focus to Asian markets as part of its bid to attract six million visitors a year by the turn of the century Page 7
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    • Article
      Economists confident
      28 1 ECONOMISTS in the US say that the latest worse-than-expected growth figures, while surprising, do not shake their belief that the economy has resumed growing Page 9
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    • Article
      Upbeat Down Under
      19 1 SINGAPORE manufacturers of jewellery and furniture are upbeat about business opportunities in recession-hit Australia Page 11
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    • Article
      Weighty problem
      26 1 PEOPLE who repeatedly lose and regain weight substantially increase their risk of dying prematurely or of developing heart disease, according to researchers Page 17
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    • Article
      Chuan Hup sells stake
      29 1 CHUAN HUP Holdings has sold off a 55 per cent stake in Asia-Pacific Shipyard for 55.5 million to Ishii Shipbuilding (S) Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      40 1 US stock prices turned upwards early yesterday in what analysts described as a technical rebound from the market's recent drop. The Dow Jones average of 30 industrials rose 24.15 points to 2,937.16 in the first hour of trading.
      40 words
    • Article
      Footsie higher
      40 1 BRITISH stocks were moderately higher at midday yesterday as bargain hunting helped the market recover some of the previous day's losses. At 1100 GMT, the FTSE 100-Share Index was up 12.8 points, or 0.5 per cent, at 2,450.1.
      40 words
    • Article
      Dreamland expanding
      37 1 DREAMLAND Holdings Bhd plans to invest up to Msloo million (5563.3 million) to expand its stainless steel manufacturing plant at Shah Alam Industrial Estate and diversify into the production of other metal products Page 3
      37 words
    • Article
      NatSteel cuts prices
      25 1 NATSTEEL has cut its prices for the second time this year, reflecting the continuing softness in the international steel markets Page 3
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    • Article
      Tokyo opening market
      27 1 BACKED by the recommendations of two advisory councils, the Tokyo government will soon take steps to liberalise Japan's tightly regulated financial market Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 718.61 -3.19 Kuala Lumpur ....622.69 -1.39 Tokyo 23,543.03 -223.35 Hongkong 3,629.79 -4.85 Sydney 1,500.8 -6.1 Wednesday Change New York 2,913.01 +2.90 London 2,437.3 -23.9
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.7615 100 Yen SS 1.2714 MS SS 0.6334 Money market rates Overnight 5 1/4 +1/8 3-month 6 unch
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    • Article
      COMMODITIES
      37 1 London Gold AM fix US$365.30 -USS0.70 Rubber S'pore July 145.50*/kg -1.75 M'sia July.... 232.00»/kg -1.50 KL Tin Turnover 41 tonnes -16 Spot MS 15.45/kg +0.05 Crudo palm oil Turnover 1,855 lots +296 July MJ798 /tonne +6
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  • Article
    Firms with rights issues may face cap on portfolio
    408 1  -  SES tightening operations of listed companies By Magdalene Ng COMPANIES seeking to raise funds through rights issues may have to comply with a new condition which effectively caps their investments in stocks and shares. This new guideline by the Stock Exchange
    408 words
  • Article, Illustration
    CSA, SAL forms going like hot cakes
    109 1 INVESTORS are snapping up application forms for the CSA Holdings and SAL Industrial Leasing share issues a change of pace from the past few share offers which were slow-going. Queues formed at OCBC Centre yesterday for SAL Leasing forms. An official with Schroders
    109 words
  • Article
    Yock Suan backs unions for execs
    521 1  -  Labour Ministry drafting membership criteria By Anna Teo URGING dissenting employers to keep an open mind on the issue, Labour Minister Lee Yock Suan yesterday voiced support for the National Trades Union Congress' call to allow junior executives to join unions. The Ministry of
    521 words
  • Article
    Foreign workers: Decision by year-end
    209 1 A DECISION on how foreign workers will be allocated via tenders or a two-tier levy scheme can be expected before the year's end, labour Minister Lee Yock Suan said yesterday. The government had to be discriminating in the deployment as "we do not have room
    209 words
  • Article
    Simex fines Sassoons
    204 1  -  By Magdalene Ng j THE SINGAPORE Interna- tional Monetary Exchange has slapped Sassoon Einan- cial Futures with a fine of more than $250,(KK) and taken disciplinary action against S four of its traders. As a result of violating trading rules, the trading licence of one trader has
    204 words
  • Article
    S'pore-Indon water pact to be signed today
    429 1  -  From Yang Razali inJAKARTA SINGAPORE and Indonesia are to sign a major water agreement in Jakarta today. A high-level delegation led by Deputy Prime Minister Lee Hsien Loong is scheduled to arrive early this morning in the Indonesian capital for the signing ceremony,
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  • Article
    ST, BT stock market indices to be updated
    158 1 THE widely-followed Straits Times Industrials Index (STII) will be updated from July 1. Changes will also be made to the BT-MGA index and the broader-based BT Composite index. The last change made to the STII was in January 1990 when 14 Malaysian
    158 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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    • Advertisement
      Page 1 Advertisements Column 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        SATS raises retirement age to 60
        153 2 SINGAPORE AIRPORT Terminal Services has reached an agreement with its in-house union to raise most employees' retirement age to 60 yearst provided that they are medically fit and are good performers. Yesterday, SATS signed a memorandum of agreement with the Singapore Airport Terminal Services
        153 words
      • Article
        Hu asked for elaboration
        143 2 FINANCE MINISTER Richard Hu has been asked to elaborate on the recent allegations of insider trading against individuals involved in the sale ot United Industrial Corp Ltd shares when Parliament convenes today. The question, from nominated MP Maurice Choo, is one of 16 lined up for
        143 words
      • Article
        More peacekeeping operations
        144 2 IN YET ANOTHER show of support for the United Nations peacekeeping operations, Singapore will despatch military observers and police officers to Angola and the Western Sahara. A Ministry of Foreign Affairs statement yesterday said the Singapore team of eight military observers will join 15 other UN member
        144 words
      • Article
        Telecom cuts Batam rates
        83 2 SINGAPORE TELECOM will lower phone rates to Batam and those for Inmarsat-A maritime communications services starting July 1. Rates to Batam will be reduced by 36 per cent (from $1.40 to 90 cents a minute) for standard calls and 33 per cent (from $1.20 to 80
        83 words
    • Article, Illustration
      Fisher Controls plans to set up R&D centre in Singapore
      305 2  -  By Michelle Low PROCESS CONTROL system supplier Fisher Controls is set to expand further in the Asia-Pacific with plans for a fully-fledged process control R&D centre in Singapore and additional investments in the region. Already, its new $8 million Pandan
      305 words
    • Article
      New emission standards for cars from next year
      248 2  -  By Selva Kumar WITH EFFECT from July 1 next year, all new cars will have to comply with new vehicle emission standards. The standards set by the United Nations Economic Commission for Europe (ECE) Regulation 83 and the Japanese JIS 78 will
      248 words
    • Article
      Singapore-US Customs electronic link soon
      190 2 SINGAPORE will make, via electronic data interchange (EDI), its first government-to-government computerised data transmission with the US Customs Service later this year. In his opening address at Edicom '91 yesterday, Trade Development Board (TDB) chief executive officer and Singapore Network Services (SNS) chairman Yeo Seng
      190 words
    • Article
      NTUC Income reaps surplus of $102.2 m
      272 2  -  By Quak Hiang Whai NTUC INCOME has reported a surplus of $102.2 million for its operations last year, a jump of about 40 per cent from $73.5 million in the previous year. This surplus included $92.7 million from the life insurance fund; $8.93
      272 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      164 2 ivf 'SmK^m BBPf8BB«y-M -t llf <*£ks£?taM iBl 4 BP *l *n&- i o|' vm «i Ev t jv^M|[|^M^^4--^V'•.« «j mI n BA^^ikb '*£< f JWw Ilk -ii v fl V w fl BH Ks If I J L«fc^» HH *fl r-fll fe|fl Our Dedication To Your Persona! Comfort Korcan Air
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Dreamland to diversify into other metal products
      485 3  -  Exclusive interview with CEO From William Chia in KUALA LUMPUR DREAMLAND Holdings Bhd plans to invest up to Msloo million (5563.3 million) to expand its stainless steel manufacturing plant at Shah Alam Industrial Estate and diversify into the production of other metal products.
      485 words
    • Article
      NatSteel lowers prices of steel bars again
      332 3  -  By Lilian Ang PUBLICLY-LISTED NatSteel, the only steel bars producer in Singapore, has cut its prices for the second time this year, reflecting the continuing softness in the international steel markets. A Nat Steel press release yesterday said that from today, local selling
      332 words
    • Article, Illustration
      NatSteel forms consortium to develop $250m golf course
      396 3  -  By Lilian Ang DIVERSIFIED Nat Steel has formed a joint-venture company, called Laguna National Golf and Country Club Ltd, to develop its $250 million golf course at East Coast Parkway. The new company, with an authorised capital of $10 million, is a
      396 words
    • Article
      Results of GP Batteries better than expected
      339 3  -  By Lee Han Shih GP BATTERIES International, the first company to be listed on Singapore's mainboard this year, has turned in a set of better-than-projected results. For the year ended March 31, 1991, turnover rose 19.1 per cent to $140 million, while earnings
      339 words
    • Article
      Metalock records flat earnings
      301 3  -  By Dexter Lee BURDENED by higher costs and lower second-half margins, marine engineering specialist Metalock (Singapore) has turned in flat group earnings for the year ended March 31, 1991. Picked recently by Hong-kong-based Asiamoney magazine as the Singapore company with the brightest future, the Sesdaq-listed company
      301 words
    • Article
      Lock icon Antah to sell entire M$200m stake in AMMB: sources
      339 3 Reuter KUALA LUMPUR Malaysia's Antah Holdings Bhd plans to sell its entire stake in Malaysia's top merchant bank, worth over MS2OO million, banking sources said. Antah sold 3.4 per cent of its stake in Arab-Malaysian Merchant Bank Bhd last month, and
      Reuter  -  339 words
    • Article
      Sime confirms aviation logistics venture
      205 3 SIME SINGAPORE, the local arm of Malaysian conglomerate Sime Darby, has confirmed that it is joining forces with ground handling agent Changi International Airport Services and MacGregor Sea and Air Services in an aviation logistics venture. BT had earlier reported that the three companies were
      205 words
    • COMPANY BRIEFS
      • Article
        PIHP seeks partners for Penang resort
        107 3 KUALA LUMPUR Pernas International Hotels and Property Bhd is discussing with three or four hotel management groups to develop a beach resort in Penang, its chairman, Tunku Datuk Shahriman Tunku Sulaiman, said yesterday. He told newsmen after the company's annual general meeting that PIHP
        107 words
      • Article
        Nanyang Press shares soar
        123 3 KUALA LUMPUR Nanyang Press (Malaysia) Bhd's share price yesterday surged 60 sen after Hume Industries Bhd, which is buying a 45 per cent stake in Nanyang, offered to buy all other Nanyang shares, brokers said. Nanyang shares rose to a high of M 57.15 before closing
        123 words
      • Article
        RDC director resigns
        23 3 ONG TENG KOK has resigned as a director of the govern-ment-linked Resources Development Corporation Ltd with effect from June 25.
        23 words
      • Article
        Kumpulan's rubberwood venture
        133 3 KUALA LUMPUR Kumpulan Guthrie Bhd, the Malaysian plantation giant which plans to reduce its dependence on the sector, is planning to make rubberwood furniture in joint venture with a foreign partner. Kumpulan Guthrie chief executive Tan Sri Ani Arope said yesterday the group hoped to finalise negotiations
        133 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      167 3 I ve switched to ANA 1 lot el Singapore. J k ANA HOTEL SINGAPORE FOR THE WORLD'S MOST TREASURED WATCHES f la collection knGeef&Arpels One establishment in Singapore Jjidv A A CnnnT T fashionableandexquisitewatches. W v. i Or VyK I Z The name: Cortina Watch Centre. W 'i The most
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Details on M$8b steel mill project soon
        73 4 KUALA LUMPUR Details on the MsB billion (about Sss billion) integrated steel mill complex project which China Steel Corp of Taiwan proposes to build in Malaysia are expected to be announced in three months' time. Tan Sri William Cheng, chairman of Lion Corp
        73 words
      • Article
        HutchVision, ATV sign pact
        59 4 HONGKONG Hutch Vision has signed an agreement with Asia Television Broadcasting Ltd for the Hongkong broadcaster to provide Mandarin-language programmes for its pan-Asian satellite station Star TV. The company said in a statement that Star TV would provide the satellite link for distributing ATV programmes on
        59 words
      • Article
        Manila completes sale of hotel
        53 4 MANILA Philippines' Government Service Insurance System and the Hongkong-based Allied Kajima Corp of Japan have signed an agreement finalising the I.S billion peso (about 5594.7 million) sale of the Philippine Plaza Hotel. The five-star seaside hotel was the biggest government asset divested this year under
        53 words
      • Article
        Tate and Lyle raises stake
        95 4 SYDNEY British sweeteners group Tate and Lyle pic has raised its stake in its takeover target Bundaberg Sugar Ltd to about 30 per cent following acceptance of the offer by two major institutions on Wednesday. A spokesman for Tate and Lyle adviser Beerworth and Partners
        95 words
      • Article
        Joint lumber project
        68 4 SEOUL The diversified Jinro Group will take part in a joint lumber project with the Soviet Republic of Buryat and a German company. An initial accord to develop a 30,000 sq km forest around Lake Baykal in the Soviet republic is expected to be signed this week
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    • Article, Illustration
      Lock icon Texas tycoon ends board seat fight, sells Koito shares
      330 4 Reuter NEW YORK Texas oil tycoon T Boone Pickens has ended his controversial role as a shareholder in Koito Manufacturing Co, selling his stock in the Japanese carparts maker to a Japanese investor, the company said on Wednesday. Koito, which is
      Reuter  -  330 words
    • Article
      Lock icon Showa Shell denies being compensated by Nomura Securities
      318 4 Money allegedly given to cover trading losses Reuter TOKYO Big Japanese oil refiner Showa Shell Sekiyu KK denied on Wednesday an allegation that its investment losses were covered by the scandal-plagued giant brokerage Nomura Securities Co Ltd. "We never asked Nomura to
      Reuter  -  318 words
    • Article
      Lock icon Nomura: We're not aware of US probe
      185 4 Reuter TOKYO A spokesman for Nomura Securities Co Ltd yesterday said he was not aware of any investigation by the US Securities and Exchange Commission (SEC) into Nomura's US operations. "We just know about this from newspaper reports, but we haven't confirmed it,"
      Reuter  -  185 words
    • Article
      Thai Airways links strategy to tourism aims
      501 4 BANGKOK Thai Airways International Ltd has linked its corporate strategy with the development of Thailand as an eventual tourist or business destination. In an article earlier this week, The Nation said that unlike other airlines, which are ready to fly to any markets
      501 words
    • Article
      Lock icon Australian firm Tubemakers sees 60pc profit fall
      216 4 Reuter SYDNEY Tubemakers of Australia Ltd, 49.8 per cent owned by The Broken Hill Pty Co Ltd, yesterday said it expects its 1990/91 after-tax profit including abnormal items to be about 60 per cent below that of 1989/90. Group net profit in 1989/90
      Reuter  -  216 words
    • Article
      Lock icon Transpower's assets valued at NZ$2.8b
      226 4 Reuter WELLINGTON Transpower, the transmission arm of state-owned Electricity Corp of New Zealand Ltd (ECNZ), had assets valued at NZ$2.B billion (552.86 billion) as at April 1, 1991, ECNZ said in a statement. This compares with the current book value of Transpower's assets of NZ52.713
      Reuter  -  226 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      130 words
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      Page 4 Advertisements Column 2
      65 4 3 TIMES A WEEK BY EMIRATES. 3 DAYS FROM $1,610 4 DAYS FROM $1,690 5 DAYS FROM $1,760 Great Value Prices Include: Accommodation in 5-Star Hotel (Hyatt. Hilton, Intercontinental) Daily American Breakfast Meet and assist at Dubai Airport Transfers airport-hotel-airport Arrangement of visa Prices are valid till 31 August 1991.
      65 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon IBM and Apple postpone their technology tie-up
      312 5 FT SAN FRANCISCO IBM and Apple Computer have indefinitely postponed elaborate plans to announce a technology alliance that was to have drawn together two of the biggest rivals in the personal computer market. They had planned to announce yesterday an agreement to swap
      FT  -  312 words
    • Article
      Lock icon Trump denies Castle sale rumours
      287 5 Reuter NEW YORK Although Hilton Hotels Corp has said it is in the market to buy an Atlantic City casino, Donald Trump will not sell or swap any of his three casinos to Hilton. "They are not for sale, absolutely not for sale. 1 have
      Reuter  -  287 words
    • Article
      Lock icon Amstrad to take £20m write-down against its PC 2000
      162 5 Reuter LONDON Electronic consumer goods producer Amstrad pic said it would take a one-time write-down against its PC 2000 computer series as well as its related manufacturing and service components. It said the write-down, estimated at about £20 million (5557.6 million),
      Reuter  -  162 words
    • Article, Illustration
      Lock icon ICI's soda ash business sold under revamp plan
      327 5 AFP LONDON British chemicals giant Imperial Chemicals Industries (ICI) on Wednesday announced moves signalling its exit from the soda ash business, part of a planned restructuring that has been made more urgent by the attentions of potential bidder Hanson. The Magadi Soda
      AFP  -  327 words
    • Article
      Lock icon Occidental pulls out of huge coal mine venture in China
      319 5 AFP BEIJING Occidental Petroleum Corp of the US has ditched its 25 per cent stake in the US$75O million (Ssl.3 billion) Antaibao coal mine, one of China's biggest and most high-profile joint ventures. Bank of China officials on Wednesday said
      AFP  -  319 words
    • COMPANY BRIEFS
      • Article
        Beazer asks banks for easier payment terms
        72 5 LONDON Beazer pic. a highly indebted British construction company, is asking its banks for a reduction in the earnings needed to cover interest payments as part of a £1 billion (552.89 billion) debt restructuring. To the end of 1991, earnings must cover interest
        72 words
      • Article
        Northrop officers settle suit
        64 5 LOS ANGELES A Federal judge has approved a settlement in which 35 current and former officers and directors of Northrop Corp agreed to pay USsslB million (5531.9 million) to the corporation to settle a shareholder suit. The defendants, who denied any wrongdoing, include former Northrop chairman
        64 words
      • Article
        VIAG unit sees '91 profits up
        70 5 BRAUNSCHWEIG. Germany Schmalbach-Lubeca AG, a unit of German industrial group VIAG AG, said 1991 net profits would rise to some Dm 150 million (S$ 148 million) after the inclusion of the European activities of Continental Can Co. Schmalbach-Lubeca had a 1990 net profit of
        70 words
      • Article
        Germany's RWE to pay more
        63 5 COTTBUS, Germany The management board chairman of energy group RWE AG indicated the company will increase its payout to shareholders for its 1990/91 year, i which ends June 30. Noting RWE's payout has risen to 10 marks from eight over the last three years, Friedhelm
        63 words
      • Article
        France's Poliet sees better profit
        58 5 PARIS Cement group Poliet expects 1991 profits to urow by about 3 per cent from 1990, not counting any exceptionals linked to its purchase of Ciments Francais this year, chairman Jean-Pierre Germot said. Poliet posted a 1990 net profit of FFr1.137 million (*****,000), a rise
        58 words
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      Page 5 Advertisements Column 1
      144 5 r I liiinin r Bp It may sound like something of an years experience in the restaurant in- meal, an excellent atmosphere and in advertising overclaim, hut it isn't. dustrv. Which just might explain why case you re wondering, prompt scr\ice. You see, at the Hai-Tien Lo Restaurant their Tim
      144 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Japanese govt acts to liberalise its financial market
      361 6 NYT TOKYO Backed by the recommendations of two advisory councils, the government will soon take steps to liberalise Japan's tightly regulated financial market, Finance Ministry officials said. Banks welcome the move, while securities firms see it as an encroachment. The Financial System
      NYT  -  361 words
    • Article, Illustration
      Lock icon Bid to guard against US claims one main reason for Lloyd's loss
      400 6 FT LONDON The decision by Lloyd's of London underwriters to increase their reserves against future claims from US pollution and asbestosis awards contributed decisively to the insurance market's first overall loss for more than 20 years. Lloyd's reported
      FT  -  400 words
    • Article
      Lock icon Nat West head bullish about bank's broking business
      217 6 Reuter NEW YORK National Westminster Bank pic director GeofTrey Littler says he is encouraged by improvement in the company's securities business, which he says seems to be on track to be profitable by 1992. He made the comments at a global equities
      Reuter  -  217 words
    • Article
      Lock icon Deadline for German-French bank deal
      447 6 Reuter FRANKFURT Commerz--1 bank AG has set the end of 1991 as the deadline to firm up its ties with French stateowned bank Credit Lyonnais. "Before the end of 1991, the subject of cross shareholdings must be cleared up. i The end of the year
      Reuter  -  447 words
    • Article
      Lock icon Foreign banks in US fear reforms will bring problems
      351 6 FT LONDON Foreign bankers are watching closely the progress of the banking bill in the US House of Representatives this week. They fear that if the administration's version of the bill becomes law it could hamper their operations in the US.
      FT  -  351 words
    • SMALL CHANGE
      • Article
        Thai stock exchange to increase loan margins
        62 6 BANGKOK The Stock Exchange of Thailand will raise the amount investors can borrow on share purchases to 50 per cent from 40 now, SET president Maruey Phadoongsidhi said. Mr Maruey said the move, which takes effect today, would increase market liquidity. Securities analysts
        62 words
      • Article
        Brady warns of higher losses
        63 6 WASHINGTON US Treasury Secretary Nicholas Brady said his estimate of US$l6O billion (about SS2B3 billion) in Resolution Trust Corp losses were the best he could provide now, but it could rise if the real estate market deteriorates. "If the real estate industry sinks into an
        63 words
      • Article
        Vienna banks deny loss rumours
        63 6 VIENNA Leading Austrian banks denied rumours they were facing more large losses in foreign lending business out of London. Concern about renewed losses in London, which last year hit Austrian bank profits, caused CreditanstaltBankverein preferred shares to fall 30 schillings to 3.510 and Oesterreichische Laenderbank
        63 words
      • Article
        BNL shocks foreign banks
        68 6 ROME Banca Nazionale del Lavoro has provoked a strop reaction from foreign banks by not accepting responsibil 'v for the debts of Agrifactoring. the factoring company in whi„h it holds a majority stake. Bank of Italy deputy governor Lamberto Dini said: "Foreign credit institutions... have great
        68 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      900 6 GPI) GP BATTERIES INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) ANNOUNCIMINT OP AUDITID RBBULTS A DIYIDIND FOR THIYIARINDID 31 MARCH, 1991 The Board of Directors of QP Batteries International Limited is pleased to announce the audited results of the Group and the Company for the year ended 31 March,
      900 words
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  • THE REGION
    • Article, Illustration
      Mexico may divert American trade away from Asia
      571 7  -  Free trade pact can make it manufacturing haven By Anna Teo SINGAPORE Mexico may divert direct investment and trade flows away from Asia when it becomes a quo-ta-free, tariff-free production haven for the north American market, says Political and Economic Risk Consultancy
      571 words
    • Article
      Lock icon Malaysia's labour shortage may hamper its development
      293 7 Bernama IPOH The shortage of labour could well put the brakes on Malaysia's drive to become a developed nation in 30 years' time if steps are not taken to overcome the problem now. The chief executive officer and managing director of Carsem (M)
      Bernama  -  293 words
    • Article
      S'pore firms may yet get contracts to rebuild Kuwait
      321 7  -  By Salil Tripathi EVEN THOUGH American and British firms appear to have a headstart in business for the reconstruction of Kuwait, a leading Kuwaiti banker associated with a Gulf bank says Singapore firms need not lose heart. "There is plenty of
      321 words
    • Article
      Queensland aims for 6m tourists by 2000
      283 7  -  By Sylvia Wong SINGAPORE The NorthEastern Australian state of Queensland aims to attract six million visitors a year by the turn of the century. To achieve this, the Queensland Tourist and Travel Corporation (QTTC) has decided to shift its focus to Asian markets
      283 words
    • Article
      US drops call for aggregate quotas
      247 7 PHUKET The US agreed to drop its proposal for aggregate quota limits on fabrics, yarn and fibre-made luggage (Group One) on Tuesday, the second day of its textile talks with Thailand, reported the Bangkok Post. Thailand and the US are now holding talks on
      247 words
    • NOTE BOOK
      • Article
        Jakarta aiming for $1.15b oil earnings
        97 7 JAKARTA Indonesia hopes to earn 12.522 billion rupiah (SSI. 15 billion) from oil exports in the fiscal year that began on April 1, down from 14,577 billion rupiah the year before. Faisal Abda'oe, presiding director of the state-owned Pertamina Oil Company, said Indonesia's oil
        97 words
      • Article
        Dry hunt for oil prospectors
        115 7 BANGKOK Several foreign companies have spent tens of millions of dollars prospecting for crude off Vietnam, but so far only one has struck oil. The official Vietnam News Agency said 10 foreign companies had spent US$2OO million (***** million) to sink 15 exploratory wells oft"
        115 words
      • Article
        Philippines, Mexico get waivers
        83 7 WASHINGTON The US will waive the import ceiling limits for some duty-free goods from Mexico and the Philippines. US Trade Representative Carla Hills announced on Wednesday that 29 of 34 requested waivers were granted through the Generalised System of Preferences (GSP) on goods entering the US
        83 words
      • Article
        Relief aid pledged to Manila
        71 7 MANILA The World Bank, the Asian Development Bank and at least 50 countries have promised to help the Philippines with recovery work following its recent volcano eruption. Filipino officials yesterday appealed to members of the diplomatic community and foreign institutions for financial aid after briefing
        71 words
      • Article
        Group to upgrade retail sector
        84 7 KUALA LUMPUR Several local retailers, including wellknown names such as Parkson, Yaohan and Mun Loong, have formed the Malaysia Retail Merchants Association which seeks, among other things, to put the retail business on par with international standards. The association would act as a governing body
        84 words
      • Article
        Sihanouk gets French invitation
        47 7 PARIS France has invited Cambodian resistance leader Prince Norodom Sihanouk to meet President Francois Mitterrand. France, which co-chairs the international peace forum negotiating an end to Fighting in Cambodia, also announced on Wednesday that it was considering opening an embassy in Phnom Penh.
        47 words
    • Article
      Lock icon FIC expected to review policies
      188 7 Bernama KUALA LUMPUR The Malaysian Foreign Investment Committee, which formulates policy guidelines on foreign investment in the economy, may soon review its policies to keep them in line with the recently announced National Development Policy, according to financial industry sources. The FIC, which comes under
      Bernama  -  188 words
  • Page 7 Advertisements
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      163 7 I[l What is the logical successor to dial-a-pizza? Why, dial-a-pet crematorium and dial-a-wedding of course. In July Intersex's cover story, AT YOUR SERVICE, we look (and gasp) at the dazzling array lIHA i d 'IS Mr WM of services that Japanese can order from home. Was it money or morals?
      163 words
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      133 8 Turning your paper on its side is probably the most difficult thing you'll have to do in order to visit the great restaurants at The Dynasty Singapore. (ppF Because all that endless digging and disruption I is over; so you can again reach our front door without if!os thinking that
      133 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Latest US figures disappoint but confidence remains
      478 9 Experts still see recover)', govt fears credit crunch AP WASHINGTON The US economy contracted at a sharp annual rate of 2.8 per cent in the first three months of the year while corporate profits took their biggest nose dive since the spring of
      AP  -  478 words
    • WORLD WATCH
      • Article
        Signs of uptrend for E German economy
        107 9 FRANKFURT A reported rise in industrial orders in eastern Germany and forecasts of growth by two major think tanks on Wednesday were the latest in a growing number of signals that the region's depressed economy is warming towards an upturn. The two German
        107 words
      • Article
        World oil demand down in 1990
        72 9 LONDON World oil demand tell last year tor the tirst time in seven years thanks to economic slowdown, mild winter weather in Europe and the US, and changes in Eastern Europe, accoiding to the Statistical Review of World Energy published by British Petroleum on
        72 words
      • Article
        Beijing to hold beer festival
        66 9 BEIJING Beijing city officials will hold a beer festival next month "to liven up the capital's cultural life and promote beer consumption throughout the country"', the official C hina Daily reported yesterday Ihe festival, the tirst ot its kind in China's capital, will be held
        66 words
      • Article
        Taiwan betters China mail link
        62 9 TAIPEI I aiwan has taken its postal link with China a step further by permitting an indirect registered air mail service between the two sides ot the Taiwan Strait. "We will start operating such a service live days after receiving relevant official documents from the
        62 words
    • Article
      Lock icon Soviet PM softens opposition to radical economic plan
      274 9 AP MOSCOW Prime Minister Valentin Pavlov on Wednesday appeared to soften his opposition to a radical prescription for the ailing Soviet economy, saying a rescue plan worked out with US experts had much in common with his own. Mr Pavlov said that
      AP  -  274 words
    • Article
      Lock icon US House tags conditions to China's MFN renewal
      278 9 Reuter WASHINGTON A US House of Representatives committee voted on Wednesday to attach strict conditions to renewal of China's favourable trade status with the United States but gave China a year to meet them. The deeply divided Ways and Means Committee approved
      Reuter  -  278 words
    • Article
      Lock icon Beijing posts deficit of US$2.7b for '90
      108 9 AP BEIJING China had a deficit of USS2.7 billion (SS4.B billion) last year, a figure less than previously reported but still USS976 million more than the targeted shortfall, official reports said yesterday. In a report on Wednesday to China's legislature. Finance Minister Wang
      AP  -  108 words
  • Page 9 Advertisements
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      33 9 UNPARALLELED OPPC )R'l UNITIES FOR THE INFORMED Sources and information to help you present and sell your products or services in Kuwait For free lernl yirur rumte and nunJ)fr to Singapore Fax 737-5530
      33 words
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      Page 9 Advertisements Column 2
      306 9 fflr'' '^(mmSI *5&?x r If it seems incongurous you get. For your legs, your teet, your Tfv/'.' wS&to- 3r to you that in this day and age, elbows and your hand luggage. Our r 'H Sf everything on an aircraft stops for the 2x2x2 Business Class seat configuration V^| movie,
      306 words
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  • Article
    The wages of less regulation
    470 10 EDITORIAL TWO OF Japan's largest and most venerable stockbroking firms are embroiled in the biggest financial scandal to hit the country since the Recruit affair two years ago. The presidents of Nomura Securities and Nikko Securities resigned early this week following reports that the two
    470 words
  • WHAT THE OTHERS SAY
    • Article
      The Indian challenge
      336 10 ON THE face of it, the Indian community in Singapore is not doing too badly at all. By many socio-economic indicators, they are some way behind the Chinese, but streaks ahead of the Malays. Look deeper, however, and the picture is far gloomier. All races have improved
      336 words
    • Article
      Asean free trade zone
      96 10 SINCE its inception, Asean has been preoccupied with the threat of communism and the political dimensions of troubled Indochinese states. But once these threats subside, Asean has to return to the original ideas of its formation strengthening economic cooperation. To achieve a common market, there would
      96 words
    • Article
      Asean co-operation
      75 10 NO MATTER how the economies of Asian and Asean countries change, external factors cannot be ignored, especially the impact of Western protectionism. Asean should strengthen its bargaining power to counter the external forces by becoming a more high-level and meaningful economic body. In fact. Asean member states are
      75 words
  • REGIONAL VIEWPOINTS
    • Article
      Bridging the gap
      202 10 SUDDENLY. South America does not seem to be that far away from South-east Asia. The Pacific Ocean that separates the two regions is now being viewed instead as the link between the two. And Datuk Seri Dr Mahathir Mohamad's current visit to Chile, Brazil and Argentina serves
      202 words
    • Article
      Support the new S Africa
      144 10 WE IN A scan should now be ready to direct our sights to South Africa. It was a welcome note last week when Thai Foreign Ministry spokesman Sakthip Krairiksh said Bangkok did not have any objections to the private sector wanting to have direct trade
      144 words
    • Article
      Time to test sincerity
      186 10 THE various foreign protagonists in the C ambodian conflict have often proclaimed their desire to help bring about peace. Now is the time to put to the test the sincerity of countries like China and Vietnam. Beijing claimed it has stopped supplying arms to the Khmer
      186 words
  • Article, Illustration
    Goh's Asean trip lays groundwork for summit
    861 10  -  Shoeb Kagda, reporting from Bangkok, comments on the significance of Prime Minister Goh Chok Tong's trip to meet Asean leaders Shoeb Kagda PRIME Minister Goh Chok Tong's tour of the Asean capitals, though conducted as protocol visits required of a new premier, has
    861 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      883 10 DEN DANSKE BANK BALANCE SHEET PROFIT AND LOSS ACCOUNT at December 31,1990 for the Accounting Year 1990 1990 1989 1990 1989 DKr 1,000 DKr 1.000 OKr 1,000 DKr 1000 ASSETS INTEREST RECEIVED. ETC: Cash in hand 3,126,340 3 759,991 Interest and commission charged on loan 17.645.066 15 024 097 Assets
      883 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      59 10 DOONESBURY BY GARRY TRUDEAU J wv/ BE bIUV, UtAF, 'JifiK,MA'AM~\| SO APE Y&.MA'AM. WPE SCPIAVUUUS' AUOUI (BUORE THAT I MAS I M6OWHF&W HE tOAS C JXJTTIPI THE FAMOUS SOPPY U/£ NOW, JUC ME, HOCU NINE i A J fUE PtJWjfS CAMP Ut[?HE 6/VIN6AU7O- I MEALS-PEADY- CANT DO LOUGHAVS YOU BEEN
      59 words
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  • ANALYSIS
    • Article
      Lock icon Africa's problems keep piling up
      1379 11  -  Winds of change are blowing across Africa, altering its political landscape and giving hope to its people. But several problems like war and famine still persist. Ralph Gowling reports Ralph Gowling Reuter FREEDOM and hope may at last be in the air for Africa's 650
      Reuter  -  1,379 words
    • Article, Illustration
      Bright prospects for trade Down Under
      1116 11  -  Singapore manufacturers of jewellery and furniture are upbeat about business opportunities in recession-hit Australia. Tye Kim Khiat reports Tye Kim Khiat I he writer is a Melbtwrne-based journalist who contributes to HI SINGAPORE manufacturers of jewellery and furniture see opportunities in Australia despite the
      1,116 words
    • Article
      Lock icon India may be more receptive to reforms now
      815 11  -  The Rao govt's honeymoon period presents a chance for reforms, reports David Housego from New Delhi David Housego FT AMONG senior Indian officials and the country's business community, there is a growing belief that the new government of P V Narasimha Rao
      FT  -  815 words
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  • FOCUS
    • Article, Illustration
      Lock icon Slow privatisation checks E European progress
      558 12 Shifting to a market economy after decades of communist rule involves major economic adjustments, as Eastern Europe is discovering. Focus looks at progress made, and the situation in Hungary and eastern Germany in particular Reuter The break-up of state-owned enterprises into efficient private companies
      Reuter  -  558 words
    • Article
      Lock icon Hungary — closest thing to a success story after a year
      615 12 Hungary closest thing to a success story after a year NYT BACK in the days of "goulash communism," Hungary used to be called the happiest barracks in the communist camp. Today, as the former Soviet bloc makes the break for capitalism, Hungarians again have reason to be cheerier than their
      NYT  -  615 words
    • Article
      Lock icon East-West German joint venture: a year of headaches
      664 12 NYT IT IS lam, raining steadily, and Bruno Endter, the mayor of Albrechts, has just concluded a contentious village council meeting. Six hours of debating why the first East-West joint venture in Germany is still just a muddy lot carved from a
      NYT  -  664 words
  • Page 12 Advertisements
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      61 12 TAIPEI p AU the angles on the packaging Featuring f Packaging <4MBjfe|PJHVv7 Packaging machinery Distribution systems |L M 'i'r-Vv' Ifl L m Don 't miss Taipei Plas '91, same dates and venue! CMIM4 EXTERNAL TR4DE DEKELO&VIENT COUNCIL jSI CHINA (TAIPEI) B BP PACKAGING INSTITUTE gjjg Sponsor MIPEI H/ORLD TR4DECENTER VMMM:
      61 words
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      Page 12 Advertisements Column 2
      176 12 INSTITUTE OF CERTIFIED PUBLIC I ACCOUNTANTS OF SINGAPORE I A DEVELOPMENT PROGRAMME FOR EXECUTIVES! The Certified Diploma in Accounting and Finance (CDAF) is a post-graduate level qualification which is offered by the Chartered Association of Certified Accountants (United Kingdom). It aims to provide executives from non-accounting backgrounds with knowledge in
      176 words
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      1150 13 MR PATSON SEOW MR JAMES CHUA MR C.L. TANG MR ANG MAN (.EE S A.A. PACK AND CARRIAGE EXPRESS FREIGHT LINK EXPRESS PTE LTD MAZDA PI ASTIC FACTORY (PTE) LTD SEMBAVVANG SHIPYARD LTD J MR TAN AH THYE MR F.S. CHONG MR LOH KHENG SIONG MR WONG CHEE YUEN f
      1,150 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Rain leads: 134-46
      501 14 WIMBLEDON AP WIMBLEDON The incessant rain that already has wrecked a couple of Wimbledon traditions now is challenging one of its most hallowed rituals: the midtournament break. All England Club officials have mandated for more than a century that, "On the seventh day, we rest." But a
      AP  -  501 words
    • Article
      Lock icon PattiSue Plumen No more bumping, please
      321 14 AP HELSINKI PattiSue Plumer just wants a good race. No more bumping incidents, please. "I really don't want to go through this again," said Plumer, America's top female distance runner. During the past month, the Californian has been involved in three bumping incidents and
      AP  -  321 words
    • Article, Illustration
      Lock icon Rejuvenated Carl Lewis soaring with confidence
      632 14 Reuter RALEIGH, North Carolina As the hours before his 30th birthday tick away, Carl Lewis gushes forth like an eternal fountain of youth. "I know this is going to be a great year," six-times Olympic champion Lewis said in a telephone interview from his
      Reuter  -  632 words
    • Article, Illustration
      Lock icon Sainz sets early pace in NZ rally
      291 15 1990 world champion overtakes overnight leaders Reuter AUCKLAND Carlos Sainz of Spain, the 1990 world champion, took the initiative in the early stages of the New Zealand rally yesterday. Running hard through wet forest roads that were slippery in places, he overtook the
      Reuter  -  291 words
    • Article, Illustration
      Lock icon Heavier 'Razor' Ruddock gunning for lighter Tyson
      276 15 AP LAS VEGAS Donovan "Razor" Ruddock was asked on Wednesday if fans would see a different fighter in his rematch with Mike Tyson. "We'd better see a different Razor Ruddock," he said. "I don't want the same result." The fans certainly will see
      AP  -  276 words
    • Article
      Lock icon Brazil, Portugal in youth soccer final
      238 15 AP LISBON. Portugal Two Portuguese-speaking teams qualified for the final of the World Youth Championship, as Brazil defeated the Soviet Union 3-0 and Portugal beat outsider Australia 1-0 on Wednesday. First-half goals from Marquinho, Emerson Castro and Elber Souza overpowered the Soviet Union in
      AP  -  238 words
    • Article
      Lock icon Daniel looking for another win at lucky course
      327 15 AP BETHESDA, Maryland Most golfers choose good luck charms that can fit easily into their club bag, such as a rabbit's foot or a special, sentimental putter. Beth Daniel goes for something larger. Daniel derives her best fortune from a golf course,
      AP  -  327 words
    • Article
      Lock icon Kite hoping to fly high at St Jude Classic
      383 15 AP MEMPHIS. Tennessee Tom Kite, the PGA Tour's first US$6 million (S$ 10.6 million) man. had all kinds of success at the St Jude lassie even before he won it last year. Kite, golfs all-time leading money winner, has finished in
      AP  -  383 words
    • Article
      Lock icon Rafferty explains that US Open walkout
      179 15 AFP PARIS Ronan Rafferty finally broke his silence on why he walked out of the US Open and came out with what amounted to a public apology. The 27-year-old Irishman explained on Wednesday that he had given up after nine holes of his second
      AFP  -  179 words
    • SIDE LINES
      • Article
        Tight schedule for Australians
        101 15 SYDNEY Australia's cricket authorities have announced a crammed international programme for the 1991-92 season with a full Test tour by India, another visit from the West Indies and the World Cup early next year. World Cup champion Australia would defend the one-day trophy against New Zealand.
        101 words
      • Article
        Johnson-Lewis race in doubt due to dispute
        147 15 PARIS The Ben Johnson-Carl Lewis raee scheduled for July I is uncertain because of a dispute over the contract, Italian sources close to Johnson said on Wednesday. The l()Om race at the BNP Grand Prix track meet in Villeneuve d'Asqc. near Lille, would
        147 words
      • Article
        Seles gets ultimatum from WTA
        120 15 LONDON World number one Monica Seles was given an ultimatum from the Women's Tennis Association (WTA) at Wimbledon on Wednesday. The WTA made it clear that the 17-vear-old champion should contact it immediately or "face the consequences". Puzzled and increasingly angry over Seles' refusal to
        120 words
      • Article
        Rivals slotted to meet in semis
        99 15 SYDNEY Feuding rivals, world champion Jansher Khan and Australian Chris Dittmar, were yesterday drawn to meet in the semi-finals of the World Squash Championships, which start in Adelaide on July 27. Hometown hero Dittmar and Jansher have developed a loathing for each other and
        99 words
      • Article
        Hornets pick Johnson
        82 15 NEW YORK Larry Johnson was the No. 1 pick in the NBA draft on Wednesday as the Charlotte Hornets opted for raw power over Billy Owens' all-around talent and Dikembe Mutombo's defensive skills. The Hornets' selection was not a surprise as several team officials indicated in recent
        82 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1069 14 SECURITY PACIFIC CORPORATION AND SUBSIDIARIES (INCORPORATED WITH LIMITED LIABILITY IN THE USA) PRINCIPAL SUBSIDIARY SECURfTY PACIFIC NATIONAL BANK, LOS ANGELES. CALIFORNIA SINGAPORE BRANCH Business Banking Division* 80 Rafflss Ptscs #01-03, Shsi Tower, Singapore 0104. Trsssury Division 21 Cotlysr Quay *09-00, Singapore 0104. CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF EARNINGS Decanter
      1,069 words
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      Page 14 Advertisements Column 2
      227 14 WordPerfect 5.1 VOTPMPHIPI9PI999 WordPerfect Cap |T QEMM-U65.il Quoteideck Office Systems r y Unleash the power TBmDOS Upgrade of your PC with Digital Research j DR DOS 5.0 Rl i i MemoryMAX MterMoßCfJiD FiIeLINK ~H ViewMAX mm PC lock Mm 40 BatteryMAX On-Line Help Password Protection and more... ■nvjpsnnnfpn Since May
      227 words
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  • Page 15 Advertisements
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      53 15 JULY 1991 $3 50 m CAN GOOD FRIENDS m BE m THE SECRET TRAUMA m OF THE INFERTILE MAN M UNDERSTANDING STOCKS AND SHARES WRITE LETTERS THAT WIN •MM _W, I >- y'fllßr^ I SI ~^f^p|yjj^^^VraH I I at Newsstands and from your Newsvendor I Also at Times the Bookshops.
      53 words
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  • Page 16 Advertisements
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      232 16 WHERE TO WINE. DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE A PRINCESS X if eg it JfUAd Wgf •••now on Fridays and Saturdays From now on, our Chinese Porridge Buffet will be served only oil Fridays and Saturdays from 10.30pm to 3.30 am hut
      232 words
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      Page 16 Advertisements Column 2
      347 16 ***************1111 PLUG'S I ***************1111 SEAFOOD EXTRAVAGANZA June 14th -30th 1991 The ocean's catches are yours tor 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
      347 words
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      Page 16 Advertisements Column 3
      264 16 We've spiced up Happy Hours. fis back at Club 5. With renditions of old hits that'll whizz you back to the 50s I and 60s between Contest. Every Plaza {"Jotel *»A««»COlOO»r<Jl*IHVITIf»C Hr.w I* Kiirfil s *inK.i|*'o u7l'l t< I N IMI*tU Delights at Cafe Aladdin Calling all Hi Tea Buffs
      264 words
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      Page 16 Advertisements Column 4
      274 16 That's our prediction for you when you step into the Kasbah as I li\<> K »nds take you dov*n memory lane with golden hits and evergreens fcvetv night is nostalgia nigh* You II be mesmerized Vrr' itY- V JL IVrrktnS- \-n L~r y flT^ Vft MI/ 54.-. U Wat a/
      274 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      826 16 TELEVISION AND RADIO «1 T ■<- nUNOIKHUOHTS Women in revenge j?h s ssr. 8.00 Close. 5.55 pm The Real Ghostbusters 11.05 Golden Classics Northwest 7.10 am, 9.25 am, 1.30pm, 5.30pm, 00 PM CNN International < I (Cartoon) Stampede. Joan Leslie. James 3.25 am: Financial News 'IN I 111/IRfe- iMIf 800
      826 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon When you take it off, keep it off
      666 17  -  Yo-yo dieters beware! While on-diet, off-diet behaviour has long been considered undesirable, few have been able to say why. But new research makes the syndrome even more unhealthy. Tom Yulsman reports Tom Yulsman NYT PEOPLE who repeatedly lose and regain weight substantially
      NYT  -  666 words
    • Article
      Lock icon Marauding editors turn publishing houses into leaky places
      961 17  -  Rather like the spy business, it has always been known as a cut-throat, ruthless kind of business. Now, it is becoming plagued by leaks. Roger Cohen on the new-style publishing industry Roger Cohen Roger Cohen NYT THEY call themselves story editors, an
      NYT  -  961 words
    • Article, Illustration
      Guess who's next for Donald Trump?
      589 17 CHATTERBOX HAS Donald Trump traded Maria for Carla? Reports in New York Newsday that Trump is seeing a lot of Carla Bruni and less of Maria Maples were denied on Wednesday. "He's seeing a lot of women," said an assistant to Trump who did
      589 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      242 17 AND ENTERTAIN Curry Pot-Pourri Spice up your life with the flavours of exotic India at Cafe-in-the-Park from 8 June to 30 June 1991. Priced at $18.50++ per person. Lunch buffet from 12 noon to 2.30 pm. Dinner buffet from 7 to 10 pm. Experience India both culturally and culinarily! Look
      242 words
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      Page 17 Advertisements Column 2
      188 17 Ml' BEEF DAY AT NISHIKI Ha p "Niku" in Japanese means meat, at the same lime it also means Two-Nine". On this same note, on every 29th of the month will be "Beef Day" at NISHIKI Ac Starting from this month and on X: every 29th of the month you
      188 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII falls back to below 1,500 on profit-taking
      4919 18  -  By S N Vasuki SINGAPORE STOC KS lost ground yesterday on profit-taking. Trading volume declined marginally, with investor interest largely focussed on new listings rather than the secondary market. The Straits Times Industrials Index once again retreated below the 1.5(H) level, losing
      4,919 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4204 19 Main Board ANA Hotels 260 SO 44 4% SPII Faaapi 1320 l" us".. (MM Foreign 1060 f 10 I 0* IX B( 875 |0 f 2% Shangri-la 580 t 10 f I X% Oil Securities l>8 I 6 U% H rp Hldgs-SO* l >6 ♦-10
    4,204 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      424 20 AUDITED RESULTS Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Amcol lun 25 Dec 90 $36.143(*****) 18 ?(4 6) 10(10) SIA lun 25 Mar 91 $912,800($1,*****0) 143 2(188 4) 40(35) SPP tun 25 Dec 90 $1,261 ($2.5321.) 1 8<—)
      424 words
    • Article
      DIVIDENDS ANNOUNCED
      1032 20 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 51TE Jun 5 )un 1/ Jul I 101TE toned 25c 10% KjI 5 Jul 1/ Jul 31 10'. 101 AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 28( Aaa Pac
      1,032 words
    • Article
      BONDS, LOANS & WARRANTS
      924 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share Biiwl Wt Before 30/6/94 1 warrant plus HK$1 00 cash C4C Wt Before 26/4/93 1 warrant plus $3 09 cash. Causeway Loan Causeway Wt 2 '10.89 to 20 10 94 1 warrant plus $0 77 cash or 1
      924 words
    • Article
      APPROVED ISSUES
      449 20 Company Rights Issue Alcorn One-for two (u M$1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of M$0 10 each at M$1 per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS ExnJate Jun 7 Books
      449 words
    • Article
      PRELIMINARY RESULTS
      214 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) '/o Ganda Hldgs Jun 25 Sep 90 MJ13.021L($8.36.31) IMC Hldgs Jun 25 Mar 91 HK$197.832($376.566) 560(113 0) 40(40) Isetan Jun 25 Mar 91 $16.060($32.090k) 30 7(485) 10(14) Idris Hyd Jun 24
      214 words
    • Article
      INTERIM RESULTS
      188 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) Ganda Hldgs Jun 25 Mar 91 M$554L ($3.2371) Asia Pacific Jun 21 Mar 91 $59.214($48.108) 14 5(15.4) FSN Jun 21 Mar 91 $89.232($75.678) 92(9 2) Ammo Jun 14 Mar 91 $1,541 ($1,571) 5TE(7 5TE) Samanda Hldgs
      188 words
    • Article
      RESULTS DUE
      688 20 Main Board Last Full Year Company Period Date Year Net EPS Gross Net arrarced fMng (cents) tfv profit last year ($000) Cerebos Interim Apr 27 hjl 91 126 ?00TE(a) ***** Spore Land Interim May 4 Dec 91 126 100 *****(g) Km £ng Final iun 27 Mar 91 61(a)
      688 words
    • Article
      CORPORATE DEVELOPMENTS
      206 20 June 26 SAL Industrial Leasing Ltd is offering the public 37 7m shares of 25 rents each at 80 cents apiece The offer closes on July 16 June 25 GP Batteries International has teamed up with Japan-based Toshiba Battery to form a 50-50 joint venture company. TG Batteries,
      206 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1083 20 Prices as at 27.06.91 j Conversion terms T Premium/ Expiry 1 7 1 —j (discount) h— t Amount Optional* using issued t j Company (mil Wrts Share Loan Conv Exer Lnstfc Cash Cash Loan Gearing Date Mths units) stock ratio price nom Stfc Left value I
      1,083 words
    • Article
      COMPANY MEETINGS
      481 20 Hap Moh Corporation Ltd: AGM at Block 162, Bukit Merah Central #08-3545. Singapore 0315 on Friday, iun 28, at 2 30pm. Parkway Holdings Ltd: 18th AGM at 80 Marine Parade Road. #22-01/09 Parkway Parade. Singapore 1544 on Friday, Jun 28. at 11am DBS Land Ltd: 12th AGM at
      481 words
    • Article
      PROPOSED ISSUES
      510 20 Company Rights Issue Bolton One for four (a M$? 00 per share Issue of $90 9/8n nominal amount of 35' fiedeemat>>e Un_>ecured Guaranteed Bonds 1991 with 45 189n detachable warrants on the basis of $2 nominal amount of Bonds for every three ex'Sting stores held Every $2 nominal
      510 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      205 20 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOLITE ENTERPRISE (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVE Npu rs uan tto Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company
      205 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares drift lower in cautious trading
      4472 21 Bernama SHARE PRICES on the Kuala Lumpur stock market finished easier yesterday after drifting aimlessly in cautious trading in a market which showed a lack of direction in line with the uncertainty in major overseas bourses. The KLSE Composite Index fell 1.39 points to
      Bernama  -  4,472 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      940 21 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 MOSCOW NARODNY BANK LIMITED Singapore Branch HNB U5530,000,000 NEGOTIABLE FLOATING RATE US DOLLAR CERTIFICATES OF DEPOSIT DUE DECEMBER 30,1991 In accordance with tha provisions of tha certificates, notice is hereby given that for the interest for the period from June 28,
      940 words
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      Page 21 Advertisements Column 2
      324 21 i IN THI MATTIft Of TMI COMPANII6 ACT, CAP. M AMO IN THI MATTIM OF ANTIPODIAN IN6UAANCI m LTO (In Mimbtn' Voluntary Liquidation) NOTICI OP IPICIAI AND ORDINARY RIIOLUTION6 [Put*ua«t to Section SPOtfHb)] Al an Extraordinary Qenerai Meeting of the Company held al Si Braa Baaah Road <0003 Pia/a By
      324 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market finishes easier as buyers stay sidelined
      2150 22 Reuter STOCKS on the Tokyo bourse closed easier yesterday. Despite relief that the scandal-tainted brokerages managed to hold their stockholder meetings without incident, buyers quickly deserted an abortive early-afternoon rally and small-lot sales continued to pressure prices, brokers said. "The worst may be
      Reuter  -  2,150 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end lower in lethargic trading
      1978 22 Reuter HONGKONG STOCKS, lacking the tiniest spark of fresh news to shift sentiment, drifted higher in the morning and lower in the afternoon in anaemic trade. The blue-chip Hang Seng index slid 4.85 points to 3,629.79, nearly 20 points down on an intra-day high
      Reuter  -  1,978 words
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Page thumbnail Page 23
  • REGIONAL STOCK MARKETS
    • Aussie stocks close lower in thin trade
      • Article
        Untitled
        105 23 Close I'roiims June 2? SYDNEY All Ordinaries index 1,500.8 1.506.9 -6.1 Ml Industrials Index 2.315.1 2.326 8 -117 All Resources Index 877.3 879 4 -2.1 Turnover (million) 107.3 88 .79 r 18 51 BANGKOK SET Index 766 00 769 49 -3 49 Turnover (million hah!) 3.690 3.610 80 IAKARTA 'C
        105 words
      • Article
        Untitled
        401 23 Ill local currency In S$ In l'S$ S day S year S da> S year day year June 26 Index change change change change change change World 399.8 -0 2 11.6 -0.4 7.4 -0 4 5.7 $EAFE 522.2 -0 5 111 -04 3.7 -04 2.0 Europe 425.5 -0.7 16.7 -0.7
        401 words
      • Article
        AUSTRALIA
        816 23 FEARS OF a slump in Japan pushed Australian shares lower in thin trade yesterday. Brokers said leading stocks followed falls in London overnight, where the LTSE 100 fell 23.9 points to 2.437.3. This was then coupled with fears that the Japanese Nikkei would fall on the back of a
        816 words
      • Article
        BANGKOK
        906 23 PROFIT-TAKING after sharp gains on Wednesday pushed the Thai stock index down yesterday, brokers said. The SET index lost 3.49 points to end at 766.00 on turnover of 3.69 billion baht. Most blue chips fell. Bangkok Bank lost two baht to 338, Thai Farmers Bank four to 394 and
        906 words
      • Article
        JAKARTA
        671 23 SHARE PRICES in Jakarta fell further yesterday, with the official index closing 6.18 points lower at 354.21. Brokers said the downward trend was likely to continue as shortage of liquidity kept squeezing. I hey said selling orders from individual investors dominated the market, pushing most sectors down. lotal turnover
        671 words
      • Article
        MANILA
        470 23 SHARE PRICES in Manila closed weaker yesterday after experts predicted Mount Pinatubo was gearing up for another eruption and officials said economic growth may slow this year because of the damage so far wrought by the volcano. The Manila Stock Exchange composite index eased 6.56 points to close at
        470 words
      • Article
        TAIWAN
        193 23 TAIWAN share prices closed lower yesterday on Wednesday's announcement that the government had approved 15 new banks, the first approval since 1975, dealers said. The weighted index was 91.92 points or 1.5 per cent lower to close at 5,931.26 compared with Wednesday's 6.023. IS finish. Turnover was N I
        193 words
      • Article
        SEOUL
        794 23 SEOUL STOCKS rose for the fourth consecutive day on active buying by private investors, pushing the composite index above the 600 mark for the first time this week, brokers said. "There are more individuals moving in as investors sentiment improved and also more of institutional buying." Souna Kang. an
        794 words
      • Article
        NEW ZEALAND
        105 23 MOST leading stocks on the New Zealand bourse eased yesterday on low turnover, led by Air New Zealand which closed seven cents lower at NZ$l.35 on analysts' expectations of an operating loss for the year to March. Elsewhere, prices eased a few cents, reflecting general investor apathy rather
        105 words
      • Article
        Untitled
        603 23 Wellington June 27 N/. Crnl* Vol(IX)) Air NZ 135 -1 878 AN/ Hanking 482 13 19 Rank Of NZ 67 -2 1599 Haycorp Brierley Inv 113 I 9g55 Carter Hull 161 I 2739 Cavalier 180 4 50 Ceramet) 148 -1 ***** OtyiWritiM 28 unch 51 C orp Inv 91 I
        603 words
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  • WORLD STOCK MARKETS
    • Wall Street ends mixed in active trading
      • Article, Illustration
        NEW YORK
        1399 24 STOCK PRICES in New York closed narrowly mixed in active trading on Wednesday with the Dow index up a notch on technical factors, end-of-quar-ter buying and some slight program buying. The Dow Jones Industrial Average, which lost 2.90 points on Tuesday, added 2.90 to 2,913.01. Declines outpaced advances
        1,399 words
      • Article
        Untitled
        127 24 June 26 Clusc Previous NEW YORK Dow Jones 2,913.012.910.11 2.90 NYSF Financial 147.56 147 26 *0.30 S&l' 500 371.59 370.65 f0.94 Turnover (million) 187 157 +-30 LONDON Financial Times 30 1.901.5 1.921 6 -21.1 FISE l(K) 2.437.3 2.461 2 -239 Turnover (million) una\ 410.3 AMSTERDAM CBS lendencv Index 93 3
        127 words
      • Article, Illustration
        LONDON
        842 24 LONDON SHARES on Wednesday hit their lowest closing level for three months after German inflation data sharpened fears that the Bundesbank would raise interest rates yesterday and further delay sterling interest rate cuts. The latest worry in a market already hit by a stream of bad economic and political
        842 words
      • Article
        AMSTERDAM
        323 24 DUTCH SHARES closed at the day's lows on Wednesday as an uninspired Amsterdam plodded along behind the bigger European bourses. The CBS tendency index ended down 0.9 point at 93.3, its third straight loss this week. Blue chips all closed lower. Chemicals group DSM lost 1.40 guilders at 114.00
        323 words
      • Article
        PARIS
        230 24 THE Paris bourse on Wednesday gave up any attempt at a rebound to close at a new three-month low and just off the session bottom. Traders said the market was jittery and the blue-chip CAC-40 index could test support at 1,700, last seen in mid-February. The index ended at
        230 words
      • Article
        FRANKFURT
        223 24 FRANKFURT STOCKS were weak on Wednesday, operators said, and the DAX spot trend indicator closed at 1.672.14 points, off 19.33 points or 1.14 per cent for the session. The Commerzbank index lost 15.20 points to end at 1,991.60 points. Analysts said fear of inflation and of higher interest rates
        223 words
      • Article
        MILAN
        167 24 ITALIAN share prices continued their technical rally, closing with a gain of over one per cent overall, although they were off earlier highs. Some brokers said the market may have been helped by a report in the financial daily II Sole 24 Ore that the government was studying alternatives
        167 words
      • Article
        ZURICH
        226 24 SWISS share prices closed a dull session lower as investors either took profits or stayed on the sidelines. Dealers said Frankfurt's weaker close amid talks of possible interest rate rises and Wall Street's early losses weighed on the market. The all-share SPI index fell 4.1 points to 1,100.5, while
        226 words
      • Article
        BRUSSELS
        151 24 BELGIAN SHARES ended slightly higher but ofT early modest gains as the market found some support from selective bargain-hunting by institutional investors. The Bel 20 index of leading shares closed up 4.39 points to 1,160.32, its first rise this week. "The market did not go down, which is saying
        151 words
      • Article
        JOHANNESBURG
        377 24 GOLD SHARES on the Johannesburg bourse continued to rally on Wednesday, extending Tuesday's light gains and recouping virtually all of Monday's sharp falls, as world bullion prices held firm around US$366 an ounce, dealers said. Industrials maintained a slightly easier bias after a two-day downward correction in reaction to
        377 words
      • Article
        TORONTO
        246 24 TORONTO STOCKS closed flat in slow volume with moderate losses in bank shares offsetting gains in gold stocks, dealers said. They said bank stocks lost ground on fears of a possible increase in interest rates, which had been steadily dropping over the past year. The composite index officially closed
        246 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      78 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      78 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback finishes firmer on day of cautious trading
      1204 25 REPORTS THE American dollar yesterday ended mostly firmer after a day of cautious trading with dealers still uncertain about the currency's immediate direction. "It's Thursday, it's Buba council meeting day, the market's a little cautious," one dealer at a US bank said.
      1,204 words
    • Article
      INTERBANK FOREX RATES
      365 25 Cross rates June 27 USS S$ MS Dm Yen SFr A$ NZS USS 1.7650 2.7790 1.7875 138.30 0.6107 1.5475 1.3021 1.7315 SS 0.5666 1.5745 1.0127 0.7836 0.3460 0.8768 0.7377 0.9811 MS 0.3598 63.51 0.6432 0.4977 0.2198 0.5569 ***** 0.6231 Dm 0.5594 0.9874 1.5547 77.37 0.3416 0.8657 0.7284
      365 words
    • Article
      MONEY MARKET
      526 25 Interbank rates SS Bid Offer Overnight 5 1/4 5 3/8 1-month 5 3/4 5 7/8 2-month 5 7/8 6 3-month 6 6 1/8 Overnight mode. 5-5/16 LSS Bid Offer 7 days 5 15/16 6 1/16 1 month 6 6 1/8 2 months 6 6 1/8 3 months 6
      526 words
    • Article
      Lock icon Tokyo set to increase currency position limits
      380 25 Reuter TOKYO The Ministry of Finance will raise the limits on banks' net exposures in deals involving yen and other currencies from July 1. Japanese and foreign banks licensed to deal in foreign exchange are restricted by the monetary authority in their daily
      Reuter  -  380 words
    • Article
      Lock icon Liffe enters Euro-stock index futures fray
      217 25 Reuter LONDON The battle to provide futures contracts on Europe-wide share indices began in earnest when the London International Financial Futures Exchange (Liffc) launched its Eurotrack 100 contract on Wednesday. Traders were encouraged by first day trading of 247 lots in the September contract
      Reuter  -  217 words
    • Article
      FINANCIAL FUTURES
      1153 25 SIMEX EUROOOU-AR Open High Low Sett Est Vol Op/lnt Vol Sep 91 93.48 9348 9146 9346 3418 ***** 5031 Dec 91 92.89 92.90 92.86 92.87 3300 ***** 2505 Mar 92 92.74 92.75 92.73 92.73 950 8310 915 Jun 92 92.33 92.34 92.32 92.32 390 1160 55 Sep 92
      1,153 words
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Page thumbnail Page 26
  • COMMODITIES
    • Article
      Lock icon Thais may replace S Africa as Asian sugar supplier
      297 26 Reuter TOKYO East Asian consumers may start to depend more on Thailand as a source of sugar as the lifting of economic sanctions against South Africa enlarges the world market for its sugar exports and diverts supplies from Asia, traders here
      Reuter  -  297 words
    • Article, Illustration
      Lock icon New wheat council chief warns of bleak season
      146 26 Reuter LONDON Prospects for wheat exporters in the coming season are bleak unless agreement is reached in Gatt to eliminate export subsidies, according to the International Wheat Council's (IWC) incoming Australian chairman. "The wheat situation is poor and will get worse unless
      Reuter  -  146 words
    • Article
      Good buying interest sends tin up five sen
      818 26 REPORTS THE PRICE of tin firmed five sen to M$ 15.45 per kg on the Kuala Lumpur Tin Market yesterday on good buying and in line with a slightly higher close on the London Metal Exchange. At the opening level of M
      818 words
  • Article
    PRICES
    1449 26 Rubber June 27 MS (t»> hi HI—) S cents/kg Noon Close lnt I RSS Prompt 145.75/146.75N 144 00/145 OON Int I RSS July 91 147.25/147.75 145 50/146 00 lnt 1 RSS August 148.00/148.50 146.25/146 75 Int 2 RSS OP 144 50/146 50N I4300/I45 00N Int 3 RSS OP 143.00/
    1,449 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1393 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 MAX PAINTS (SINGAPORE) PTE LTD (In Mambsra' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of the Company will be held on the 29th day of July 1991
      1,393 words
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      Page 26 Advertisements Column 2
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1116 27 CHy Flight ETA Flight ETD Abu Dhabi GA976 0010 GA890 0150 GA970 2245 Adelaide QF7 1815 2 Amsterdam KL837 1255 SQ24 0100 SQ23 1815 GA890 0150 SQ23 1815 KL838 2240 Athens 0A471 2205 Auckland NZ35 1550 BA11 1255 SQ338 2030 SQ325 2115 BA12 2155 NZ36 2330
    1,116 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Bargain summer hotel deals
      651 27  -  POSTCARD FROM NEW YORK By Betsy Wade THE RECESSION'S toll on the travel industry is producing something that you might not believe possible: a brand-name New York hotel room in the range of $100 (Ssl79) before taxes. Across the country, too, big-city hotels are posting offers
      651 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.347 1.362 Canadian dollar 1.135 1.1 SO NZ dollar 1.008 1.037 Sterling pound 2.87 2.89 US dollar 1.7370 1.7670 dollar* to 100 unita of foreign currency Austrian schilling 13.90 14.90
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      92 27 Duration Title Venue Organiser Tel j Duration Title Venue Organiser Tel June 25-29 International Brtislava. Inchetoa Company *****1111 2 Lxhjbltl0n Qn Buenos Aires USUARIA *****2855 Chemical Fair Crechoslo- Limited Equipment. Technology July I Kuwait: Hilton Asian Investment **********8 Services for Opportunities In International: Conferences lnformatic Reconstruction Jakarta
      92 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      38 27 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We km**- Kiimpr fh*n 1<» Huuu-h
      38 words
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      Page 27 Advertisements Column 2
      24 27 "LATE NEWS Match reports and results "FAST NEWS Wimbledon at a glance e ates news an d much more. From lunch-time. Monday to Saturday.
      24 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      305 27 1 Guide wrongly treated a H 9 Promise the little page a 10 This is disgusting. Home's 11 A party taking in the Right |12 I j |H||H it's so artful (6) I I 12 Looks over school drive I i 13 Hit by industrial action (6) 14 15 16
      305 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      216 27 Singapore Outlook: Showers over several areas in the pre-dawn hours Report: Maximum temperature 32.2* Assoc humidity 65% Minimum temperature 23.3° Assoc humidity 94% Hours of sunshine 6.65 Rainfall in mm 1.2 Rainfall this month 96.1 Rainy days this month 8 World forecast Asia-Pacific Hi/Ix)* C'ond. Auckland 13/09 Showers Bangkok 33/24
      216 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      13 27 EffiSaSSffllSSa IN -we c*N-n»ftN i fLE.T ME^rvifVfefe-J-r—. mftw CVfNtNO tTANOAKO CO tTO MMM
      13 words
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  • Article, Illustration
    SICC to look into shortage of foreign schools in S'pore
    480 28  -  Some expats reject postings here because of this By Rosie Tan ACTING on the concern expressed by multinational corporations over the shortage of foreign schools here, the Singapore International Chamber of Commerce has set up a committee to look into
    480 words
  • Article
    Lock icon Seoul easing forex rules as part of liberalisation
    146 28 Reuter SEOUL South Korea's Finance Ministry unveiled plans to relax some foreign currency exchange regulations in line with government policies to liberalise and internationalise the economy. Under the package, corporations would be allowed to keep more foreign currency deposits in banks, simplify
    Reuter  -  146 words
  • Article
    Danish court fines SIA for carrying illegal refugees
    305 28 SIX airlines, including Singapore Airlines, were fined a total of 452,000 kroners (S$ 115,260) by the Danish Supreme Court for carrying illegal refugees to Denmark without visas, or identity documents. The Danish Supreme Court had, on Wednesday, rejected the airlines' argument that
    305 words
  • Article
    SNEF and NTUC disagree on layoff benefits
    197 28 EMPLOYERS are all for the payment of retrenchment benefits in winding-up cases but not when the company is restructured through a partial sale of operations, said SNEF president Stephen Lee yesterday. In response, union leader Lim Boon Heng said the Singapore National Employers'
    197 words
  • Article
    Lock icon Taiwan's economy to grow 7pc in first half
    239 28 AFP TAIPEI Taiwan's booming foreign trade and industrial production as well as revitalised investment will push the island's economic growth to seven per cent tor the first half of this year. Vice Economic Minister Chiang Ping-kun said on Thursday. Expanded overseas demand,
    AFP  -  239 words
  • Article
    EGS to build $50m downstream plant
    375 28  -  By Lilian Ang ETHYLENE Glycols Singapore (EGS) is pumping in $50 million to build a new downstream products plant which will take it into the market for more specialised and higher value-added chemicals. The company, a founderoperator at the Pulau Ayer Merbau petrochemicals complex,
    375 words
  • Article, Illustration
    Lock icon China must compromise with US: Kaifu
    168 28 UPI TOKYO Japan will help China to repair its relations with the US, but Beijing must be willing to compromise on some Western demands, Japanese Prime Minister Toshiki Kaifu told the visiting Chinese Foreign Minister yesterday. Mr Kaifu's statement came during a 30-minute meeting
    UPI  -  168 words
  • Article
    Lock icon Settle HK airport issue quickly: China
    157 28 AFP BEIJING China reiterated yesterday that it wants an early resolution to its drawn-out debate with Britain over a new multi-hillion-dollar airport for Hongkong. "I he Chinese side hopes that on the question of Hongkong's new airport an agreement can be reached as soon
    AFP  -  157 words
  • Article
    Lock icon Taipei leads investors in Indonesia
    77 28 AFP JAKAR A Indonesia approved 173 foreign investment projects in the first half of this year, with a total value of U556.46 billion (SSI 1.38 billion). Taiwan was the leading source of foreign capital with 32 projects worth US$9OO million, the National Investment Coordinating Board
    AFP  -  77 words
  • Article
    Lock icon Germany will not cut interest rates, says Schlesinger
    258 28 AFP PARIS The incoming president of the Bundesbank has ruled out a cut in German interest rates, saying such a move was unlikely even if rates fell in other countries. "I am not predicting that they will rise, but it could happen
    AFP  -  258 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      136 28 Nikon The World's Finest Photographic Systems AN INVITATION PUBLIC TALK ON INVESTING IN U.S. EQUITIES BY MR- BRUCE CALVERT MONDAY, 1 JULY 1991, 5.30-7.00 PM STAMFORD BALLROOM, 4TH LEVEL, WESTIN STAMFORD FREE ADMISSION ORGANISER: gg 1)1 IS ASSET MANAGEMENT The Speaker, Mr. Bruce Calvert, is the Executive Vice President of
      136 words
    • Advertisement
      Page 28 Advertisements Column 2
      90 28 Nikon The World's Finest Photographic Systems I THE DAI-ICHI KANGYO BANK, LIMITED I I IS PLEASED TO ANNOUNCE I I THE OFFICIAL OPENING I I Engaging in general merchant hanking activities such as I I underwriting and placement of debt securities, structured I I finance, financial advisory service etc. I
      90 words
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  • Shipping Times
    • Article, Illustration
      Chuan Hup sells 55pc of Asia-Pacific Shipyard
      524 29  -  By Rahita Elias MARINE-BASED Chuan Hup Holdings has sold off a 55 per cent stake in its AsiaPacific Shipyard for $5.5 million to Ishii Shipbuilding (S). Chuan Hup's partner is a medium-sized Japanese shipbuilder that has the option to buy another 20 per
      524 words
    • Article
      Lock icon New London body proposed to solve transport chaos
      323 29 Reuter LONDON London needs a new authority and more public money to rescue its chaotic transport system, a report by transport professionals recommended on Wednesday. In recent months the government, London Regional Transport and individual authorities such as London Underground have all
      Reuter  -  323 words
    • Article
      Lock icon Dutch railways are Europe's best time-keepers
      356 29 FT LONDON The image of speed and efficiency which the train A Grande Vitesse has conjured up for French National Railways is sharply contradicted by a comparison of European rail systems to be published today. Figures for 1990 show that French trains rank along
      FT  -  356 words
    • Article
      Lock icon Taiwan Aerospace heralds bold new era in aviation industry
      515 29 AFP TAIPEI Taiwan's aviation industry is set to enter a new era with the formal inauguration yesterday of Taiwan Aerospace Corp (TAC), the first aerospace manufacturer on the island to he led by the private sector. The launching of TAC, a
      AFP  -  515 words
    • Article
      TWRA keeps same fuel surcharge for July-Sep
      395 29  -  By Selva Kumar FUEL adjustment factor (FAF) surcharge imposed by the Transpacific Westbound Rate Agreement (TWRA) will remain at current levels for the next quarter. In a statement from the US on Wednesday, TWRA said that the move is due to "little overall
      395 words
    • Article
      PSA reorganises operations unit, renames some facilities
      243 29 THE PORT of Singapore Authority has re-organised its operations division and renamed some of its port facilities to reflect the closure of the Empire Dock and the addition of new facilities. The changes, effective from July 1, will streamline operations and provide better
      243 words
    • NEWS SUMMARY
      • Article
        Brutal times for airline industry
        37 29 NO other industry has been savaged so fast by the combined effects of the Gulf conflict and the economic recession in several leading western markets as the international airline industry. Page 2
        37 words
      • Article
        EC carmakers plead for help against Japanese
        37 29 EUROPE'S leading carmakers say they will need substantial financial help to pay for tens of thousands of job losses needed to make the industry competitive against Japanese producers Back Page
        37 words
      • Article
        Oil held at sea boosts freight rates
        51 29 A SHRINKING number of oil tankers in the last decade boosted the effect of high levels of floating storage on freight rates this year. Analysts say fewer tankers mean floating storage is taking a bigger chunk out of the available world fleet Back
        51 words
      • Article
        Canada acts to protect waters
        36 29 A CSIOO-million (SSISO million) federal plan to protect Canadian waters from oil and chemical spills will include increased aerial surveillance of ships. Transport Minister Jean Corbeil said on Wednesday. Back Page
        36 words
      • Article
        German shipbuilder needs extra funds
        30 29 DEUTSCHE Maschinen-und Schiffbau AG (DMS), a shipbuilder in the former East Germany, said on Tuesday it needed further funds to finance restructuring measures. Back Page
        30 words
    • LOG BOOK
      • Article
        Soviet troops raid phone centre in Lithuania
        57 30 VILNIUS, Lithuania Armed Soviet troops raided Lithuania's telephone centre and cut off communications with the outside world for several hours on Wednesday, stepping up the war of nerves over the republic's drive for independence. The soldiers said the raid was justified because they
        57 words
      • Article
        AT&T renews Circle K contract
        37 30 NEW YORK. American Telephone Telegraph Co has renewed a two-year contract with Circle K Corp, Phoenix, to provide long-distance services to the public phones at Circle K convenience stores in 31 states.
        37 words
      • Article
        Ghana railway freight up 16pc
        56 30 ACCRA, Ghana Ghana's state-run railway says it exceeded its monthly freight target in May for the first time since 1983, increasing loads by 16 per cent. Managing director Michael Arthur said the railway carried a total of 80,438 tonnes of cocoa, timber, bauxite and manganese
        56 words
      • Article
        Mitsui subsidiary's US$300m deal
        34 30 TOKYO Mitsui Engineering and Shipbuilding Co Ltd's wholly-owned US subsidiary, MES Engineering Inc. has bought Engineers and Constructors International, Ine of the US for US$3OO million, a Mitsui spokeswoman said.
        34 words
      • Article
        Mitsubishi resumes Kuwait exports
        40 30 TOKYO Mitsubishi Motors Corp has resumed car exports to Kuwait for the first time since it suspended exports in August last year when Iraq invaded the country. This first shipment comprised 400 cars, a spokesman said.
        40 words
      • Article
        Air France flies to Beirut again
        49 30 BEIRUT Air France, apparently encouraged by the general restoration of law and order, has resumed flights to Beirut after six years of stoppage, officials said. The officials said an Airbus-310 with 148 passengers on board landed at Beirut airport at midday on Wednesday.
        49 words
      • Article
        Daimler-Benz ups sales forecast
        55 30 STUTTGART, Germany Daimler-Benz AG, Germany's largest industrial group, has revised its sales forecast for 1991 upwards in light of the continued boom in the German economy. Management board chairman Edzard Reuter told the annual shareholders' meeting that sales this year should rise some 11 per cent
        55 words
      • Article
        Telesat, Arianespace sign deal
        40 30 OTTAWA Canada's top mobile communications satellite maker Telesat Mobile on Wednesday has signed a US$lO5 million contract with Arianespace to launch its MSAT 1 satellite in 1994. The satellite will cover the entire North American continent.
        40 words
    • Article, Illustration
      Lock icon Brutal times for airlines
      1159 30  -  No other industry has been savaged so fast by the eombined effects of the Gulf conflict and the economic recession in several leading western markets, reports Paul Betts Paul Betts Lloyd's List STANLEY Kubrick, the American film director, predicted in his remarkable science Fiction film 2001:
      Lloyd's List  -  1,159 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      568 30 Carbon Cartoon June -4 DensrtyWater Residue Ash Alunvnum Sediment DemrtyWater Residue Ash Atanram Sedmwtt M M Euon Euon KG/M*31V/V I M M M M PPM method KG/M'31 V/V M'M M M PPM method ISO/Cimac hrats Spec E25 9911 0 15 0 0 10 30* 0.10* w
      568 words
    • Article
      DAILY FREIGHTS
      1330 30 FREIGHT market chartering was active on Wednesday but freight rates showed little upward potential with further signs of a seasonal decline emerging, brokers said. Although Soviet charterers had made their long-awaited entry into the Atlantic sector, freight rates which had risen in anticipation were only steady, they added.
      1,330 words
    • Article
      THE SHIPPING GUIDE
      11687 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 Port of Singapore. Advanced dates are published for a maximum
      11,687 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        566 45 Vesjei Voy No Berth Arrival Departwe Vessel "o» *> A™* Departure Keppei Wharves lurong Port Kota Wangi E 897 K3? atongside 01.07/18J0 I Bapng Permai I 50 91 18 alongside 2806/2200 Sea Fortune 191 K31 atongs.de 28.06 0600 Ikan Selangat 19/10 alongside 2806/2100 S4ver Happ. 08 K30
        566 words
      • Article
        CONTAINER SCHEDULE
        890 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aka Bhun 502N 28/1900 1 27/1500 27/1659 27/1900 Al Waiba 50A 30/0100 1 27/1500 27/1659 27/1900 2 27/1700 28 0659 28/0900 3 28/0700 28/1159 28/1400 4 28/1200 28/1459 28/1700
        890 words
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      Lock icon Oil held at sea boosts freight rates in tight ship market
      546 46 Reuter NEW YORK A shrinking number of oil tankers in the last decade boosted the effect of high levels of floating storage on freight rates this year, analysts say. A recent study comparing freight rates with the amount of
      Reuter  -  546 words
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      Lock icon German shipbuilder says it needs extra funds
      194 46 Reuter BONN Deutsche Maschinen-und Schiftbau AG (DMS), a shipbuilder in the former East Germany, said on Tuesday it needed further funds to finance restructuring measures. Supervisory board chairman Eckart van Hooven told the Handelsblatt newspaper: "If the (restructuring) plan is to be realised
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      Lock icon EC carmakers plead for help against Japanese
      448 46 FT PARIS Europe's leading carmakers say they will need substantial financial help to pay for tens of thousands of job losses needed to make the industry competitive against Japanese producers. ACEA, the new industry lobby group of 15 European vehicle groups excluding Peugeot
      FT  -  448 words
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      Lock icon Canada acts to protect waters
      99 46 AP VANCOUVER A CSIOO-mil-lion (Sslso million) federal plan to protect Canadian waters from oil and chemical spills will include increased aerial surveillance of ships. Transport Minister Jean Corbeil said on Wednesday. "Coast Guard aerial surveillance will be extended to the West and East Coasts to
      AP  -  99 words
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      Page 29 Advertisements Column 1
      297 29 SMEE NMG NETM. CO PIE LID 13, TUAS AVE 14. SIKOAPOfIC 22M TELEX H8 20»/iSHMCPt TEL: Ml MS9(SInMt WM kjVv fiMtmfoi unMMßnnm rssi GEES Suatl tkU Hlml •etwMckxM* ■01 IjfftnU/thUm •cmmiau'o Bind //mLI^Ig Tor<*M IMANM. MALAMiA //U^Comnrtv IMAILAMS, rWCJMAIA ■dmA iW rmuffwu Hydropic IKMtw ConUmr Handtaf* and SArfta W*«heuee Tw*e
      297 words
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      Page 29 Advertisements Column 2
      28 29 Container Schedule 17 Daly Freights 2 Index to Advertisers 3 Shipping Guide 10.11 Ships in Port 17 Singapore Tides 17 Veritas Report 2 Weather and Sea Conditions 17
      28 words
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      Page 30 Advertisements Column 1
      72 30 APPOINTMENT rtoiiijmi.Liw.um The appointment is with an established Singapore office. The ideal candidate will have a Master's Certificate and will have had previous experience in all aspects of day-to-day ship operations in dry cargo sector. Considerable emphasis will be placed on commun icat ion ski lis and commercial awareness. Brief
      72 words
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      Page 31 Advertisements Column 1
      2757 31 BB "ilium miimi iiiiiiii WwM AC Cantonment Road #12 OS Suulhpotnt. Singapore 0208 mIIVVF *****11 TELEX NO RS ***** ■VCTTTAVI TERMINAL/CFS ret *****18 220 BOOKINGS lei *****34 258 L Vw7 A PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KEIANG TEL *****18 TELEX MA*****;MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      2,757 words
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      Page 31 Advertisements Column 2
      1245 31 INDEX TOMWKIjSERS l*age Col Page Col A 1 1 M \BC Containerlinc 12 I Mac-Nels Agencies 14 1/2 Accord Ciroup 8 1-3 Vlacoline 18 3 Aeropak Express 5 Vladju Sdn Bhd 15 1/2 AFS 15 2 Maersk Line 3 4/5 Ahrenkiel Liner 16 4 Mc Pac Express 9 4/5 Allied-Link
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      Page 31 Advertisements Column 3
      2231 31 ■□EHUsasna 1 TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 DAYS ETO WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/KOBE 7 DAYS j Vessel Voy ETA I ETD 'Port "Penang DESTINATIONS Singapore K»lang TN« men MagMby Ua«u< 9106 Fwdr by 2/7 0000 mrs pimo CFS 1/7 235« HRS OAK LGB HOU
      2,231 words
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      Page 32 Advertisements Column 1
      1201 32 Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE THAMES 06/325 30/6 1777 19/7 22/7 23/7 LA SEINE 19/126 3/7 25/7 23/7 22/7 IfijSsUaj BREMEN EXPRESS 03/326 7/7 24/7 26/7 29/7 30/7 ALL MCtTBOUND P HONGKONG EXPRESS 02/127 It/7 1/8 30/7 29/7 KfLANC WNANaCARCO KAGA 19/327 14/7 31/7 2/8
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      Page 32 Advertisements Column 2
      695 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 5/7 19/7 22/7 28/7 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA t NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX (PERU) SEASPAC I 2304E 5/7 11/8 12/8 15/8 16/8 Agents lllHl SINGAPORE: *****11 '""f Jardine
      695 words
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      Page 32 Advertisements Column 3
      1597 32 I &siw" REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE WSL/VOY SIN ALC BCL HAM BRE ROT ANT FEI LHA (VIA (VIA (VIA *LG) HAM) ROT) NORASIA SUSAN 9116-3 30/06 18/07 19/07 24/07 25/07 26/07 27/07 28/07 29/07 NORASIA SHARJAH 9117-3 06/07 28/07 30/07 31/07 01/08 02/08 03/08 04/08 05/08
      1,597 words
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      Page 33 Advertisements Column 1
      2232 33 EsSteamers Maritime Holdings Ltd Ifc If PffrlT Arm STRAITS SHIPPING Sl««apop« ta Bihml, East Malaysia, Containers MMJm »*»*<»*« Voy No Pert /+Pkl Spore *l| Sou Ant Rot Hb| ANNA MURSK 9112 ?9/0€ 13/07 15,07 l»/07 MOMS DUE S»Aj KOWIOOki Mr 0534 22/06 24, 06 29/06 16 07 18/07 20,07 CWSO
      2,232 words
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      Page 33 Advertisements Column 2
      2973 33 g&HEBSGM STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS vessel *or SP [7uc KK COSMIC PIOWF* M lid I |b**B hah ~~i Tit I ASIA KNTURf 1 151 I WANGt MOON U ~29/6 "jrt T KOUSHUN 12 3/7 I I T*ONO 7T T I "SI ORANGE OCEAN 10l V
      2,973 words
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      Page 34 Advertisements Column 1
      603 34 Hi CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE Wl *0* [STOW n ROAM ADAM H BURG BREMEN ANTWERP MATARAM >9*B 22/6 22/7 27/7 31/7 J/» SAttMJAYA 32W8 1-4.8 3/9 9 9 12/9 14/J AUTAI. 23*8 2b 8 26/9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject
      603 words
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      Page 34 Advertisements Column 2
      1000 34 ®ys. M. HANJIN SHIPPING HANIIN O*KiANn 01IM FWHvj "I"; T; xiS FEEDER VSL PswTl LINE HAUL LGB OAK HANIM HAMRIMT OrtfiW HANJIN SINGAPORE 002E 3/7D«ECT 22/7 25/7 HAN NVaSfR MS* M l ?>* I a a HANJIN LONGBEACH 034E 17/7 DIRECT 6/8 9/S SSSSwt o'jS JK i f 1,1 to/!
      1,000 words
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      Page 34 Advertisements Column 3
      1334 34 T cT"T3"3"^"^k I, mi SGf #t «St UG W HI oa NtK Sic TTO l« CHS Bh KTC l« »HW RDM W «G no CW fKI SGT I I S5S 1 f^)4o 3/7 4/7 /7 10/7 U/7 15/7 17/7 1,/7 28/7 n/1 22/7 1/1 13/1 15/1 16 I 2VI 2C'|
      1,334 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      2078 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) JT BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE-*****19 DOCUMENTATION DEPT. *****44/*****14 Mt Mi AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 FAR EAST SERVICE *****48 CFS: K27 IMPORT: *****69/*****50 iM NEPLINE SON BHD MALAYSIA L&r K.L.-(03)
      2,078 words
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      Page 35 Advertisements Column 2
      1218 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUNO DISCHARGING WESTBOUND-LOADXC TRANSHfPfcD VIA ROTTERDAM wskis ior |sm Jmi« wg voy ]w |m mbg [bmv
      1,218 words
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      Page 36 Advertisements Column 1
      1351 36 K"W" f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W W> TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I f%J M MALAYSIA *K" UNE MARITIME (MALAYSIA) SDN BHD I JL HL JL# JL MmJ TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD
      1,351 words
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      Page 36 Advertisements Column 2
      195 36 Continental Pacific Shipping r JJ TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK lOAOMG FOR MAR* M SM W Sid RDM ANT Flll/UK WORLD AMPHION 5/7 10/7 13/7 S€T€ ROM ANT FLU UK CORONtS H J/7 5/7 RDM ANT/FLU/UK Loadi Sitiih, tndonts.j MULTIPORT AGENCIES (S) /fTh. PTE. LTD. V/
      195 words
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      Page 36 Advertisements Column 3
      146 36 [Spore P Kelang Loading for I WORLD AJAX 5/7 8/7 Atw Rdm UK Nantes [Spore Loading for v I KARINA 30/6 Dubai/Dammam/Bahrain/Doha I SAMMI BLONDE 5/7 Dubai/Dammam, Bahrain I HASAT 12/7 Hodeidah Jeddah PING HO VENTURE 15/7 Dubai/Dammam/Muscat I [Spore Loading for OCEAN FRIEND Los Angeles New Orleans/ I Charleston
      146 words
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      Page 36 Advertisements Column 4
      771 36 PHIU-OMCNT UN€S PT€ LTD '08 ROHINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FRUGLIT FORWARDERS ASSOCIATION 30 JUN DUBAI DAMMAN SHARJAH. DOHA. KPSSi, S ?!£lrn N
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      Page 36 Advertisements Column 5
      528 36 f —GOLDEN LINE GUAN GUAN SHIPPING vNfrXV (PTE) LTD 23, Telok Aver Street SINGAPORE 0104 TEL &*****J (10 LINES) Fw: *****04 <CR No **********0W) ITHAITI/HMUW CULT IMTICI S pore P Ktlam Penjns GOLDEN NONOEI C 'icmoo Karachi Dub* 1/1? M GOIOCN HAffN CoicmtK KwacKi Dub* TOO W CHINA IMVICI QW6
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      Page 37 Advertisements Column 1
      1541 37 PACIFIC INTERNATIONAL LINES (PTE) LTD R U PIL Building, 140 Cecil Street #03-00, Singapore 0106. [Jakarta— Bangkok I VESSEL VOY SIN JKT SIN ln^l°TCO*T S »i in/« I'.l I'Z PEGASUS PROGRESS 673N 2S/8 1/7 5/7 BUNGA TERATAi »3 30/6 2/7 7/7 INGENUITY 139N 30/6 3/7 7/7 EDEN 271 2/7 4/7
      1,541 words
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      Page 37 Advertisements Column 2
      1005 37 f BEN LINE CONTAINERS LTDA 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Toyama 206 28/6 20/7 2_W7 KorngarT 218 4/7 19/7 20A7 22/7 23/7
      1,005 words
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      Page 37 Advertisements Column 3
      446 37 MYANMA pH* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf AVA VIO9W In Pt Sid MYOMA YWA VI36W In Pt PINYA VIISW In Pt PAGAN VI72W 6 S Jut MAGWAY W2IW 9/11 Jul 12/14 Jul THE BANK UNE (A servlco of Andrew W«lr Shipping)
      446 words
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      Page 40 Advertisements Column 1
      757 40 TO AUSTRALIA/NEW ZEALAND ["55 [51 [Frxn M«(b IS, d I Aucfc [S« |P CHALM AUTWEKfEN 273 Tri 7 7 12/7 15/7 23/7 24/7 H I del oats 274 20.1 7iT» 575 v» TT7S T«7» MARTHA H 275 (/I 12/» li t H I 25 1 11/ I Ifl ELIEN HUNG
      757 words
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      Page 40 Advertisements Column 2
      845 40 y;Mii|lll';iilil|llp EXPORTS TO HONGKONG, TAIWAN I JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE OOTBOONO VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KOB VESSEL VOY SIN |PKL PNG BLW SIN ACX LIY 128 *28 627 6 2 7 6J 8 7 12.7 13 7 13 7 14
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      Page 40 Advertisements Column 3
      191 40 f "PTT" perusahaan" PE-LAVA^I I KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETO DESTINATION I NIAGA XXI Voy 14/91 29/30 Jun Jakarta/Palembani i NIAGA XXII Voy 15/91 3/4 Jul Jakarta Palembani NIAGA 42 Voy 11/91 6/8 Jul Jakarta. Palembani I NIAGA XXI Voy 15/91 11/12 Jul Jakarta/Palembani NIAGA XXI
      191 words
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      Page 40 Advertisements Column 4
      1424 40 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICK 2. MISTRI ROAD. HMC BUILDING TEL: *****00 #15-00, SINGAPORE 0207 TELEX RS ***** COSHIP CR NO **********0 M FAX: *****66 CABLE: COSTARLINE General Agents: COSTAR SHIPPING PTE LTD VtSSIL/VOT SO wt Ml mi Ml QW ffMtl/VOT SHA «W HH) DAI QW HKG
      1,424 words
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      Page 41 Advertisements Column 1
      998 41 UKC CONVENTIONAL SERVICE Vessel PKL PNG PG Loading fo> A VESSEL 28 06 Rotterdam Antwerp CHINA FULL CONTAINER SERVICE VllMl SGP PKI BKK HKG QIN SHA YANG!ANGKOU 153 05 7 03/7 09/7 15/7 IS/7 YANGF ANGKOU 155 05 S 03 8 09 8 15 8 18/8 Um Kciptni c|o t«r
      998 words
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      Page 41 Advertisements Column 2
      431 41 (Sfl RICHFIELD MARINE AGENCIES (S) PTE LTO St TEL: *****33 (12 Lines) (Y) FAX: *****15/*****03 P3 TELEX: RS ***** RISHIP (3 Lines) \4ii[\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel I voy eta loading por SPORE ANDiNET 24W8 02 08 DARFSSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      431 words
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      Page 41 Advertisements Column 3
      652 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD eta eta n» SPORE POUT HUONG PENAHIG Blll£ lAW 10 7 6 7 tlum.it) 5 7 lMdt«g Vf Mdi» KUV4I HUOHU 10 Loading tor Calcutta DOLPttft 6/7 loading foi Md'e PONEE* SUPREME hi Pt leading for Male DONAKULH IS 7 Loadtd for
      652 words
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      Page 41 Advertisements Column 4
      756 41 SYDNEY/MELBOURNE BANGKOK [vessel w)t rrat sro ic. |wt shwoke bahbkoh PIAWIA 1050 8-10/7 22 24/7 2i-21/7 NOROBEACH 01N hi Pt 21/6 Sw 30/ i PITA BHUM 1106 20-21/7 2-4/8 6 8/8 DttA BHUM# 16ft Sot 29/6 Tm 2/7 PLANETA 1251 9-10/7 22 24/7 26-28/7 NANTA BHUM 47* Tut 2/7 fri
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      Page 42 Advertisements Column 1
      1544 42 1| BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI "fully containerised monthly sailings DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL. FIJI AND TAHITI SIN N PIY AUCK ITT MAHSURI 059S 29 Jwi 7 «ut Via NPt !M
      1,544 words
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      Page 42 Advertisements Column 2
      759 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 lUL_RI ***** CA R RI E R. RS *****J£MQLJafli|JQSQ(;Q CONVENTIONAL/CONTAINER BERVICCB ***** M (POOKIWO LINI8) SINGAPORE MALAYSIA SINGAPORE TO SABAH VESSEL [VOY ItTH IPEST VESSEL VOT ETA PEST KIM
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      Page 42 Advertisements Column 3
      402 42 JM NVO C C FRATA CONTAINER LINES ARE PROUD TO OFFER OUR CONSOLIDATIONS TO A WIDER VARIETY OF PORTS. > PORTS FREQUENCY MTH ETA SIN TRANSIT TME AUCKLAND 3 SAILINGS 02/07 14 OAYS BANGKOK 4 SAILINGS 03/07 3 DAYS CHITTAGONG 4 SAILINGS 5 DAYS COLOMBO 3 SAILINGS 01/07 5 DAYS
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      Page 43 Advertisements Column 1
      749 43 MPiIPrrVMIPPI V \Tf J i m S|TfjTd COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. ILO* 01 HER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Ptnanj* P Kelang Singapore E'Msia KAMAI EVERETT 07 09 lul 10/12 Jul I NOMA SEVERE
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      Page 43 Advertisements Column 2
      552 43 VSL IVOJT S POM ]MAiNUNER "RA« IKSI jsAV [HTC [HEX ..mm Koetii iii i /im savannah tin 5/1 i lio. t mi m PWMUS 17M l 7 /IM SAVANNAH 21) 5 9 9 1 10/1 12 ZM KAdHSHiNU 1304 i. I /IM IANAUA 111 70 I 71/1 25 I 27/«
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      Page 43 Advertisements Column 3
      639 43 MULTI-MODE SHIPPING PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI DAMVAN SHARJAH DOHA MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS. JEDOAH FAR EAST ACCEPTING FCL/LCL PiNANG P KELANG. lAKARTA. 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
      639 words
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      Page 43 Advertisements Column 4
      613 43 PERINTIS LINE j ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASETIA 175 A 27/06 30/06 t JATIDIRI 938 29/06 02/07 DERAJAT 943 02'07 05/07 MELITA 15/91 04/07 07/07 PRASETIA 177 A 04/07 07/07 PELOPOR 995 06/07 09/07 TANTO UTAMA 175 06/07 09/07 TANTO UTAMA
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      Page 43 Advertisements Column 5
      396 43 Sl* FM EAST 30/6 KEELUNG/KAOHSIUNG 1/7 BANGKOK 29/6 MANILA/CEBU 29/6 JAKARTA/BELAWAN/SURABAYA 29/6 PORT KELANG/PENANG/E. Malaysia 29/6 BUSAN 30/6 TOKYO/YOKO/KOBE/NGO/OSA 2/7 HONG KONG SHI CHINA 2/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 1/7 LDN/FLX/LVP/SOU 1/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 4 7
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      Page 44 Advertisements Column 1
      939 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 4098 28 JUN 30 JUN TAKARI I 1716 01 JUL 04 JUL TAKARI IV 4100 05 JUL 07 JUL TAKARI I 1718 08 JUL 10 JUL
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      Page 44 Advertisements Column 2
      631 44 SHIPPING CORP. SDN BHD JUL PT RLANG TEL 03 36/5106 |6 Itan) FAX *****11 V pmANG TEI 04 *****9 SKAN TEI 089 2UMZ X/Cz SIBU lEI 084 *****2 TAWAU TEI 069 *****9 KK TEL 088 *****0 KUCM TEI 082 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE fEfMR VOY P<N PHI SIN
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      Page 44 Advertisements Column 3
      527 44 CU)I conrnv miEßmoDni^i r 1 J g 1 LCL/FCL SERVICE FROM I HI HI CUM °pB f BlBB OV Br 600 lBrnUnBlB/offloBB In U.SJL H MnW flH\ rn CUM »8lnl8h»8 «vBr 35,000 tractors ft trucks. IHI UmL M CUM Mrvss OVBT points In U.S.A. v HhP H|l Imrwh w LaTCL
      527 words
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      Page 44 Advertisements Column 4
      443 44 MANILA ETA VIGOUR SINGAPQQR jNB 29/6 VIGOUR PACIFIC IMB 67 BANGKOK 29 6 6 7 BUSAN V 7 13 7 HONGKONG 57 13 7 DURBAN PT LOUIS 7 7 24/7 KEEiUNG 30 6 7 7 USA 17 8 7 PT KELANG 17 5/7 KOBE 30 6 7/7 PIRAEUS 1 7
      443 words
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      Page 45 Advertisements Column 1
      353 45 O c Oc vQc vQc vOc OcOc J VAN OMMEREN CETECO GROUP V > TRANSPORT DIVISION U VOTAINER CONSOLIDATION SERVICES: n THE ONLY CONSOLIOATOR WITH WORIDWIDE NETWORK I J Weekly FCIACL Services To/From V/ >. USA EUROPE FAR EAST > Baltimore Volainer Consolidation Services Hamburg Van Ommeren Hamburg GMBH S
      353 words
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      Page 45 Advertisements Column 2
      667 45 MORE FREQUENT FLIGHTS WORLDWIDE NEW ZEALAND/FUI VESSEL Jkt P.Kg "Pen *Bkk Sin S'baya Auckland Fiji(A) N.Ptymouth(A) Timaru Ljfttdton(B) Dunedin(B) Naptef Wetaifton(C) Tauranja N Rochester/9115 29/6 1/7 1/7 1/7 3/7 6/7 19/7 25/7 21/7 22/7 23/7 23/7 26-7 26/7 28'7 N Rouen/9116 9/7 11/7 11/7 11/7 13/7 16/7 29/7 21/8 31'7
      667 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      302 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 *****100 **********00 1500 1600 **********00 2000 2100 2200 2300 3.0 2.7 2.2 1.7 1.2 08 06 05 0.6 09 1.5 1.9 2.3 2.2 19 1.5 1 3 1.1 10 1.1 1.4
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      838 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST T TO PACIFIC NORTH-WEST FEEDER VOY THR PRE SIN 11 HAUL VOY IBM OAK SEA LJNE HAUL VOY TCM/SEA PTI NAN Ml 202 022 30/06 01/07 03/07 H CHALLENGER 43E 29/07 01/01 04/07 TRANSWORLD
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      Page 46 Advertisements Column 2
      172 46 Imi.UIJI.T,! PASIR GUDANG SINGAPORE rt riltl 1 1 CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR GUDANG SINGAPORE vor ETA 2100 ms ETD 0700 W>S ETA 1300 HBS OUS 21 8 29/« 29 6 012S 1/7 2/7 2/7 013S 5/7 t/7 t/7 OUS 1/7 »/7 J/7 015S 12/7 13/7 13/7
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      Page 46 Advertisements Column 3
      625 46 CHARTPOINT Every Saturday in Business Times MMM mam M«M MMA uM« SAMS MM JHM MH| ***** 40AB Ml MM SUM WOK MM MB fy? mmy ffX^a^SJafcJS^^U^UBMBBLBLB&3aLffI*JBMSL^| "YOUR GATEWAY 1 I TO MIDDLE EAST" J Attention: Ship/Tanker Owners/Shipping Lines I We arc based in United Arab Emirates, serving I I ports
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