The Business Times, 15 July 1991

Microfilm: NL17605
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Monday, July 15, 1991 75*
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  • NEWS SUMMARY
    • Article
      Soviet trade delegation visits South Africa
      53 1 JOHANNESBURG South Africa's return from the economic wilderness took another leap forward yesterday when a top-level delegation from the Soviet Chamber of Commerce and Industry (CCI) arrived here. Speaking to journalists at Jan Smuts airport here, CCI president Vladislav Malkevitch described the delegation's 10day
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    • Article
      New Delhi now free to to cut defence budget
      59 1 NEW DELHI A policy shift by a hardline Indian opposition party has opened the way for the government to make the first defence expenditure cuts for more than four decades. The Bharatiya Janata Party (BJP) said it was no longer opposed
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    • Article
      Re-exporting home
      24 1 MORE JAPANESE home appliance manufacturers in Malaysia are exporting their finished products to Japan, and doing so in increasing volumes Page 8
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    • Article
      Concern over aid delay
      33 1 AN APPARENT DELAY in the progress of a substantial assistance package from Japan has raised concern within the Thai Ministry of Finance, The Bangkok Post has reported Page 9
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    • Article
      Call for Soviet rescue
      39 1 THE DECLINE of the Soviet economy has reached critical proportions and immediate and radical action is needed to halt the slide, according to a study by the European Bank for Reconstruction and Development Page 10
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    • Article
      Brady predicts growth
      30 1 AMERICAN Treasury Secretary Nicholas Brady believes the American economy will expand during the second half of the year at a rate above 2 per cent Page 11
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    • Article
      MSD film on track
      23 1 FACING its first birthday as a corporatised management consultancy tomorrow, MSD Consultants finds itself firm on track Page 12
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    • Article
      Artists speak up
      22 1 THE WINNERS of this year's UOB Painting of the Year competition speak about themselves and their art. Page 15
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    • Article
      Vessel for NOL arm
      28 1 NEPTUNE Orient Lines' cruise arm, J&N Cruise, is planning to acquire a third and larger vessel in about two years. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      URA gives approval
      31 1 THE URBAN Redevelopment Authority has given planning approval for two large residential projects which will be developed by Lum Chang Holdings and First Capital Corporation groups. Page 3
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    • Article
      Shinawatra revamp
      36 1 THAILAND'S Shinawatra Computer and Communications Group is reorganising its top management for the second time this year in order to emphasise the influence of customer demand and market environment on company policy Page 4
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    • Article
      Time Warner's move
      40 1 TIME WARNER Inc, seeking to satisfy US regulators and quell a shareholder rebellion, is now reportedly planning to raise U552.75 billion (554.92 billion) by selling new shares at a fixed price of US$BO a share Page 5
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    • Article
      Top US banks do well
      36 1 TWO of the strongest US banks J P Morgan and Co and Wachovia Corp reported solid second-quarter results, reflecting their avoidance of risky lending that has hurt many competitors Page 7
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    • Article
      BCCI legacy in UK
      34 1 SMALLER banks and financial institutions will find it increasingly difficult to operate in the UK market since the Bank of Credit and Commerce International's collapse, say analysts said Page 7
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 705.50 -l.ll Kuala Lumpur ....598.60 -5.16 Tokyo 23.137.78 +199.86 Hongkong 3,915.17 +23.05 Sydney 1,531.9 -2.2 New York 2,980.77 +21.02 London 2,497.4 -13.1
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    • Article
      CURRENCIES
      23 1 Exchange rates USS ss 1.7635 100 Yen SS 1.2705 MS SS 0.6321 Money market rates Overnight 1 -3 5/8 3-month 5-7/8 unch
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    • Article
      COMMODITIES
      31 1 Rubber S'pore Aug 144.00'/kg unch M'sia Aug 229.50*/kg unch KL Tin Turnover 36 tonnes +8 Spot MS 15.39/kg -0.01 Crude palm oil Turnover 1,422 lots +432 July MS801 /tonne -4
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  • Article, Illustration
    Singapore's silicon brain breaks into US market
    543 1  -  STIC tie-up wins SlOOm deal for revolutionary product By Kenneth James, Michelle Low A LOCAL joint venture has entered into a $100 million sales agreement with a major American dealers' network to manufacture and supply 200,000 units of a combined home security and
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  • Article
    Lock icon Bentoel rescue deal in the works
    424 1 Group with clove monopoly links to inject USsloom into company AFP r JAKARTA A large business group linked to Indonesia's clove trading monopoly is planning to inject more than US$lOO million (SSI76 million) into an ailing major clove-flavoured cigarette producer. The Humpuss group planned
    AFP  -  424 words
  • Article
    Lock icon Japan should play bigger role in the world: Thai PM
    386 1 AFP BANGKOK Thailand wants to see a bigger Japanese profile on the world stage. Prime Minister Anand Panyarachun has said. Unlike others in Asia who are concerned about Japan's economic expansion, Thailand "will still encourage Japan to take a more
    AFP  -  386 words
  • Article
    Demand cooling off in residential market
    368 1  -  By Elaine Koh THE BUYING SPREE in the residential market that began in April is tapering off, with property agents reporting a fall-off in sales over the past month. Pent-up demand during the Gulf crisis has been quickly absorbed by the numerous projects that
    368 words
  • Article
    Lock icon Currency movements lower Taipei reserves
    161 1 AFP TAIPEI Taiwan's foreign exchange reserves dropped to U5572.15 billion (Ssl27 billion) at the end of last month but remain the highest of any country in the world. Central bank officials yesterday attributed the drop to the depreciation of the mark and the yen. Taiwan's
    AFP  -  161 words
  • Article
    Exports to US easing
    38 1 SINGAPORE'S dependence on the US as a market for its domestic exports has eased markedly over the past few years. In Analysis on Page 13, Schutz Lee looks at the reasons behind the statistics.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      144 1 THE VISIBLE/ y)IFFERE NCE IN PROFESSIONAL EYE CARE OPTIQL'E PtRIS MIKI 1 Ptaza Stngapura Liang Court '<• Scons Daiinaru Marina Square Sunglasses Counter mmm Aircraft Schedule 25 Market Reviews 20 World New 10,11 The Arts 15,17 Money Changer Rates 25 Commodities 24 Money Market —23 For market indices. editorial Cryptic
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    • Advertisement
      Page 1 Advertisements Column 2
      103 1 Dulux THE BETTER PAINT SEEL to offer more than 20m shares today, Pg 3 Rediscover your love of flying. Once upon a time you approached flying with a keen perhaps become simply a means to an end Rediscover the sense of excitement Then you grew up Now you have things
      103 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Two options for Open University
        141 2 THE government has decided to go ahead with an Open University and the Education Ministry is considering two options, said Dr Tony Tan, Minister of Education, on Saturday. The first option is to have an entirely separate govern-ment-run institution with conveniently located study centres. This
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      • Article
        Help for Indian students
        118 2 THE government has agreed to two proposals in an action plan aimed at helping Indian students achieve parity with the national average at all major examinations by the year 2010, said Law and Home Affairs Minister Professor S Jayakumar on Saturday. Working Indians will be allowed
        118 words
      • Article
        BG Lee in Brunei
        43 2 DEPUTY Prime Minister and Minister for Trade and Industry BG (Res) Lee Hsien Loong and Mrs Lee are visiting Brunei at the invitation of Sultan Hassanal Bolkiah to attend the 45th birthday celebrations of the Sultan of Brunei today.
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      • Article
        Seminar for JC students
        89 2 THE Senior Minister of State for Education, Dr Tay Eng Soon, will open a seminar for junior college students entitled "Eye on the World: The Writer's Impulse" tomorrow. The seminar is part of the Creative Arts Programme organised by the Gifted Education Unit (GEU) of the
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      • Article
        Publicise facts about Aids
        117 2 THE most effective way to control the spread of Aids is through prevention, said Health Minister Yeo Cheow Tong yesterday at a public forum on "STD and Aids in the *****". The minister said that the cornerstone of preventive measures is education and there is a
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    • Article, Illustration
      Funan Centre tenants wooed by Riverwalk
      452 2  -  New bargaining point in exchange with landlord Pidemco By Joseph Rajendran TENANTS at Funan Centre, who have been trying to sort out several concerns with the managers of the centre, Pidemco Land Pte Ltd, have a new bargaining point the attractively-priced Riverwalk Galleria a
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    • Article
      Different themes for different floors
      216 2 RIVERWALK Galleria, with an estimated 11,685 sq m (120,000 sq ft) of shopping space spread over five levels, has stood virtually empty by the Singapore River for some three years now. Hotelier Ong Beng Seng's Avant group paid $55 million for the complex in 1988
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    • Article
      MND appoints panel to preside over hearing
      302 2 THE Minister for National Development has appointed a three-member committee to preside at a hearing into objections over three areas marked for conservation by the Urban Redevelopment Authority (URA). The three members, named in last Friday's Government Gazette, are Robert Powell, Lau Woh
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    • Article
      Big spread in contestants' bottomline
      219 2 National Management Game MOST finished with modest profits. But those who lost went deep into the red. The second and third trading periods in round one of this year's National Management Game saw a big spread in the bottomline of contestants. During the second trading
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      299 2 POWER INTO THE 905... MCSB TRICORD PRESENTS SUPER-SERVER COMPUTING SYMPOSIUM a MCSB and TRICORD bring the world of Super-Server Computing to you with the PowerFrame. With its open, scalable, common multi-processor architecture based on the i486 and its high speed bus, the TRICORD PowerFrame provides the lightning speed that is
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Lum Chang gets nod for Toh Tuck development
      317 3  -  URA also approves First Capital's Tampines project By Colin Tan THE Urban Redevelopment Authority has given planning approval for two large residential projects which will be developed by Lum Chang Holdings and First Capital Corporation groups. Lum Chang Holdings, through wholly-owned Lum
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    • Article, Illustration
      LKN to complete Sims Ave East project by September
      151 3 LKN DEVELOPMENT, a wholly-owned subsidiary of Lim Kah Ngam Ltd, expects to complete the construction of its office-cum-residential project at Sims Avenue East by September. Mr Kay Keng Chuan, managing director of LKN Development, told BT that construction work on the
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    • Article, Illustration
      Friend or foe? Tomorrow's Setron board meeting will tell
      807 3  -  THE HOCK LOCK SIEW COLUMN From Vijaya Bharati WHAT'S up at Setron? The stock has been heavily traded and, until recently, made impressive price gains all while a well-publicised boardroom fight was raging. The problem is that it seems no one,
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    • Article
      SEEL expected to launch offer of over 20m shares today
      268 3  -  By Carolyn Lim SINGAPORE Electronics and Engineering (SEEL) will be launching its share offer today at an offer price of more than $1 a share, one of the highest offer prices so far this year. This compares with the two
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    • Article
      EON confirms discussions on buying CCL shares
      242 3  -  By Diana Oon EDARAN OTOMOBIL Nasional (EON), Malaysia's national car distributor, said on Friday it has entered into preliminary discussions with an unnamed party which may lead to its acquiring a substantial stake in Singa-pore-listed Cycle and Carriage Ltd (CCL), This confirms market
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    • Article
      Lock icon KFC sees poultry's earnings rising faster than retail's
      256 3 MBT KUALA LUMPUR With its fully-integrated poultry project expanded to China, KFC Holdings (Malaysia) expects earnings from its poultry sector to grow faster than that of its retail business. Poultry earnings are expected to rise to about 30 per cent of group
      MBT  -  256 words
    • COMPANY BRIEFS
      • Article
        Lien Hoe gets KL nod for proposals
        104 3 KUALA LUMPUR Lien Hoe Corporation has received approval from the Ministry of International Trade and Industry (Miti) for its proposed special issue to approved bumiputra investors and its Employees Share Option Scheme. Miti, however, imposed the condition that shares allocated to bumiputras should
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      • Article
        Bonvests executive director quits
        30 3 BONVESTS HOLDINGS Limited has informed the SES that Mr Micky Kon Hong Shin has resigned as executive director of the company with effect from July 10.
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      • Article
        SingRe director resigns
        34 3 SINGAPORE REINSURANCE Corporation Limited has informed the SES that Mr Alan Street has resigned as a director and member of the audit committee of the company with effect from July 4.
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      • Article
        SSangyong holder raises stake
        55 3 SSANGYONG CEMENT (Singapore) Ltd has informed the SES that it has received notice from Afro-Asia Shipping Co Pte Ltd, who is a substantial shareholder, that it has raised its holding in the company to 23.03 per cent of the issued capital from 22.86 per cent through
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      • Article
        Malaysian Mosaics' land deal
        71 3 KUALA LUMPUR Malaysian Mosaics' shareholders have been advised to vote in favour of its proposed acquisition of three plots of land by its wholly-owned subsidiary, Syarikat Fajar Enterprise. One of the lots, located at Jalan Ampang in Kuala Lumpur, will be used to build the parent
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    • Article
      Lock icon Sarawak Oil Palms in talks to buy land
      340 3 MBT KUALA LUMPUR Sarawak Oil Palms (SOP), which is to be listed on the Kuala Lumpur Stock Exchange soon, is negotiating for another 4,000 ha of land to expand its palm oil plantation, its chairman Datuk Mohd Amin Satem said last Friday.
      MBT  -  340 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      131 3 The alternative. J k ANA HOTEL SINGAPORE PRI^ AT PANTAI MIAMI BATU FERRINGHI, PENANG Strategic land of vast value and potential PANTAI MIAMI, idyllically situated at the Reflecting a resort j complex, the Properties comprise on northside of Penang, commands a r breathtaking and panoramic view of the 3-Storey Commeraal
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        San Miguel US receipts start trading tomorrow
        105 4 MANILA Philippine food and beverage conglomerate San Miguel Corp said holders of American Depository Receipts (ADR) for its B' shares may start trading the receipts at the US over-the-counter market tomorrow. The receipts, valued at about US$22 (Ss39) each and representing 10 San
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      • Article
        Kumagai Gumi (HK) profit up
        74 4 HONGKONG Kumagai Gumi (HK) Ltd said on Friday that it made a net profit of HK$6l million (S$ 14 million) in the six months ended March 31, up 31 per cent on the same period last year. In a statement, the company rated its half-year
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      • Article
        Fanuc to set up plant in Taiwan
        81 4 TAIPEI Japan's Fanuc Ltd, one of the world's leading makers of machine tool controllers, has said it would invest two billion yen (Ss2s million) to set up a plant in Taiwan. An Economics Ministry official said the plant would be completed within a
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      • Article
        1 am opening for NZ exchange
        70 4 WELLINGTON The New Zealand Stock Exchange will open at 1 am on either Wednesday or Thursday to coincide with the listing of Telecom Corp of New Zealand Ltd shares on the New York Stock Exchange. A listing date has not been set by the
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      • Article
        Honda in Philippine car market
        114 4 MANILA Honda Motor Co Ltd of Japan has entered the Philippine car market with its popular Civic model, aiming for a sales target of 12,000 units annually by 1995, a company statement said here on Friday. Honda Cars Philippines Inc, a US$33 million (SssB million)
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    • Article, Illustration
      Jollibee pips McDonald's in sales in the Philippines
      668 4  -  Manila group plans to pick franchisee in Singapore From Al Labita IN MANILA WHEN US giant McDonald's stormed Manila's million dollar fast-food industry in 1981, hardly a Filipino firm could match its awesome marketing firepower. Rivals in the "hamburger war", local and
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    • Article
      Shinawatra's expansion plan calls for second reorganisation
      484 4 AS IT seeks to continue its aggressive expansion, Thailand's Shinawatra Computer and Communications Group is reorganising its top management for the second time this year in order to emphasise the influence of customer demand and market environment on company policy, while at the
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    • Article
      Lock icon Mitsubishi banks on video games to help gold trade
      627 4 Agencies TOKYO Trading house Mitsubishi Corp is hoping to cash in on Japan's videogame mania to lure people into the precious metals market. Some 16 million households with Nintendo Co's Famicom video game machines can trade gold, silver and platinum from
      Agencies  -  627 words
    • Article
      HK company plans joint-venture concrete factory in Thailand
      375 4 HONGKONG-LISTED International Tak Cheung Holdings (ITC) is in the process of negotiating a joint venture involving the establishment of a concrete products factory in Bangkok, the South China Morning Post reported over the weekend. Managing director Charles Chan Kwok Keung said the
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    • Article
      Lock icon Idemitsu, Marubeni to start coal fuel project with Chinese firm
      291 4 Reuter TOKYO Oil refiner Idemitsu Kosan Co Ltd and trading firm Marubeni Corp expect to sign a joint-venture agreement by October to produce liquid coal fuel in China starting in 1995, company spokesmen said. The two firms, in partnership with
      Reuter  -  291 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      134 4 Your family and you have A High loan quantum of up to 100% of property value. found your dream home. Your f rgHjf Lower instalments repayable up to 30 years. next move is to take a home loan. D I*ll\n Full CPF savings for monthly And for this key decision,
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      Page 4 Advertisements Column 2
      483 4 SINGAPORE INSTITUTE OF MANAGEMENT Conducting Effective Meetings I September 9 10,1991 I SSS9O SIM members/Ss7oo non-members I This workshop offers the opportunity to acquire the techniques and skills necessary to I I conduct, control and direct a meeting with creativity, effectiveness and confidence. The I final result will be a
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      377 5 TO SHOW HOW REAL OUR COLOUR COPIES CAN BE I WE PUT A REAL TULIP j INTO THIS AD. I COLOURS SO REAL YOU WfW*' CAN'T TELL THE DIFFERENCE K JM fl All these fresh beautiful tulips were flPfe JMjr EB§m WJ created on a Canon Colour Laser Copier. ■MEL
      377 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Time Warner to raise US$2.75b in stock sale
      427 6 New plan to appease shareholders and regulators NYT NEW YORK Time Warner Inc, seeking to satisfy regulators and quell a shareholder rebellion, now plans to raise U552.75 billion (554.92 billion) by selling new shares at a fixed price of US$BO a share,
      NYT  -  427 words
    • Article
      Lock icon Privatised UK electricity firms post strong profits
      344 6 Reuter LONDON In the midst of the deepest economic downturn for 10 years, Britain's privatised electricity companies had a profits bonanza, sparking complaints they were sold too cheaply and are charging too much. Profits from the 12 regional electricity companies beat forecasts made
      Reuter  -  344 words
    • Article
      Lock icon Brent Walker debt restructure talks nearing completion
      359 6 Reuter LONDON Critical talks to restructure the £1.4 billion (554.2 billion) debts of the beleaguered leisure firm Brent Walker Group pic are close to completion. "It has been a long, complex and difficult exercise, but...we are optimistic the restructuring will be completed satisfactorily,"
      Reuter  -  359 words
    • Article
      Lock icon Siemens Nixdorf sees incoming orders of 8.9b marks
      251 6 Reuter MUNICH Computer maker Siemens Nixdorf Informationssysteme AG (SNI) said incoming orders worldwide in the first nine months of the current 1990/1991 fiscal year were at 8.97 billion marks (558.61 billion). "Incoming orders are significantly above last year," a company spokesman said.
      Reuter  -  251 words
    • Article
      Lock icon Analysts forecast weaker second quarter for Sears
      291 6 Reuter CHICAGO Sears, Roebuck and Co achieved 1990 second-quarter per-share earnings of US$O.69 (551.23), but analysts said it will be a stretch for the company to surpass that number when it reports results later this month. Mr Walter Loeb of Loeb Associates said
      Reuter  -  291 words
    • Article
      Lock icon Chevron asset sales set to top US$500m
      336 6 Reuter SAN FRANCISCO Chevron Corp expects asset sales this year to total more than a US$5OO million, chairman Kenneth Derr said. "It certainly will be over US$5OO million this year," he said. The company has been selling non-strategic assets under a previously announced
      Reuter  -  336 words
    • COMPANY BRIEFS
      • Article
        Seagate axes 1,200 staff in cost-cutting move
        71 6 SAN FRANCISCO Seagate Technology is laying off 1,200 of its 41,000 employees because of an increasingly competitive market, a company spokeswoman said. The layoff is combined with other cost-cutting efforts by the disc-drive manufacturer and is concentrated in non-manufacturing work force in Europe
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      • Article
        Maxwell unit seeks £90m loan
        61 6 LONDON Robert Maxwell Estates Ltd (RME) Ltd is seeking a £90 million (SS27O million), three-year secured term loan facility, arranged jointly by Barclays Syndications and Lloyds Bank Capital Markets Group. RME is a special purpose company, wholly owned by Robert Maxwell Group pic, with assets
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      • Article
        KHD may not meet sales target
        71 6 COLOGNE, Germany Kioeckner-Humboldt-Deutz AG said it may not meet its goal of raising 1991 group sales by 5 per cent, from 4.06 billion marks (553.89 billion) in 1990. In a statement prepared for the annual meeting, KHD said group sales were off 2 per
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      • Article
        Half of Coficam's equity sold
        60 6 PARIS French hypermarket group Rallye SA said its controlling shareholder, the Cam family, agreed to sell 50 per cent of Coficam, Rallye's holding company which the family wholly owns, to a group of investors. The accord will allow Rallye to increase its shareholders' funds by
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      • Article
        Alcatel to buy Rockwell division
        42 6 PARIS Alcatel NV said it signed an agreement on Friday with Rockwell International Corp of the US to buy Rockwell's Network Transmission Systems Division for US$625 million (Ssl.l billion) in cash, plus the assumption of unspecified liabilities.
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    • Article, Illustration
      Lock icon VIAG's Continental Can takeover expected to boost earnings
      612 6 Analysts welcome group's move away from cyclical businesses Reuter BONN Last month's takeover of Continental Can Europe Inc (CCE) crowned VIAG AG's recent aggressive acquisition policy and will considerably boost the group's earnings prospects, analysts said. "The takeover of Continental has given
      Reuter  -  612 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      103 6 CROSBY ON ISO 9000 July 22-23 1991 The Regent, Singapore 551,200 per person John Hutchinson, a Consultant with Philip Crosby Associates in UK will conduct the 2- day seminar on how manufacturing and service organisations can qualify for ISO certification. An engineer by training, John has worked 14 years with
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      Page 6 Advertisements Column 2
      230 6 S MBA 6th Intake By Distance learning Commencing October 1991 Un.vers.ty o( Hun one of most ffi™* "CP?'«» prestigious British universities. It is a centre of excellence m contemporary management me 1990s management systems and science Applicants must possess a FIRST to ntoxfcce investment Portta' lo Management and good university
      230 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Two US banks enjoy strong second quarter earnings
      345 7 AP NEW YORK Two of the United States' strongest banks J P Morgan and Co and Wachovia Corp reported solid second quarter results, reflecting their avoidance of risky lending that has hurt many competitors. The banks are at the head of the
      AP  -  345 words
    • Article
      Lock icon Citicorp sells major stake in subsidiary
      143 7 NYT NEW YORK In a move that will significantly bolster its balance sheet, Citicorp has announced the sale of more than half the stock in Ambac Inc, a municipal bond insurance subsidiary. The price of US$2O (5535.20) a share set by underwriters led by
      NYT  -  143 words
    • Article
      Lock icon Smaller banks in UK expected to feel the pinch
      599 7 The BCCI crisis Reuter LONDON Smaller banks and financial institutions will find it increasingly difficult to operate in the UK market since the Bank of Credit and Commerce International's (BCCI) collapse, analysts said. BCCI branches were shut down around the world
      Reuter  -  599 words
    • Article, Illustration
      Lock icon Big Four broking firms covered 229 clients9 losses
      317 7 Big Four broking firms covered 229 clients 9 losses Reuter TOKYO Japan's top four brokerages involved in a securities market scandal improperly covered investment losses incurred by 229 favoured clients totalling about 125 billion yen (SS 1.55 billion), Japanese press reports said on Saturday. The Big Four were Nomura Securities
      Reuter  -  317 words
    • SMALL CHANGE
      • Article
        French bourse regulator seeks block trading
        93 7 PARIS French stock market regulator, the Conseil des Bourses de Valeurs (CBV), has asked a special committee to draw up proposals for an active market for block trading of shares in Paris. The committee, to be chaired by Francois Bacot of broker Bacot-Allain, must
        93 words
      • Article
        Sale of failed thrift approved
        96 7 WASHINGTON The Resolution Trust Corp approved the sale of the bankrupt Commerce Federal Savings Association of San Antonio, Texas, to Bank of America Texas NA, Houston, subsidiary of Bank America Corp. The failed thrift had deposits of U*****.1 million, assets of $573.6 million and liabilities
        96 words
      • Article
        NJ monitors troubled insurer
        93 7 NEW YORK New Jersey governor Jim Florio said the state was closely monitoring developments at the troubled Mutual Benefit Life Insurance Co, a private insurer dogged by press reports that it is threatened with a takeover by the state. In a statement, Florio said insurance department
        93 words
    • Article
      Lock icon Bank of East Asia in securities venture
      224 7 AFP HONGKONG The Bank of East Asia announced here the setting up of a securities venture with Japan's Long-Term Credit Bank of Japan (LTCB) and former staff of Manufacturers Hanover Asia. The new Oakreed Financial Services plans to focus on issuing and trading
      AFP  -  224 words
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      65 7 >. y v .'V. 'Yb I -a? <* V +y fc v' A SIGN OF RECOGNITION. lor ni orc intorm.il ion on the spt-ci.il line of credit .unl mam priv ilexes ot thc(.oUK anl. c.ill Xmcru an I vprcss.it "******.0r simpK pick up.in .ipplK.lt ion form .it am hraiuh ot
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  • THE REGION 1
    • NOTE BOOK
      • Article
        Former Thai minister charged with graft
        105 8 BANGKOK An anti-graft committee set up by the Thai military junta has charged a former minister in the government of prime minister Chatichai Choonhavan with corruption. Radio Thailand reported on Saturday that Suchon Champoonuj, a former deputy finance minister, was charged after a four-month
        105 words
      • Article
        Thais sell rice to Iraq
        77 8 BANGKOK Thailand is to resume sales of rice to Iraq following authorisation from the United Nations Security Council. Radio Thailand yesterday quoted Thai Commerce Minister Amaret Sila-on as saying that a private Thai trader would deliver 45,000 tonnes of rice to Iraq between July 20
        77 words
      • Article
        Malaysia to consult ANC
        58 8 KUALA LUMPUR Malaysia will consult the African National Congress and nations surrounding South Africa before lifting its economic, travel and sports sanctions. Prime Minister Datuk Sen Dr Mahathir Mohamad said on Saturday. He was commenting on the United States lifting its economic sanctions against South Africa
        58 words
      • Article
        Laos receives 3,000 tourists
        65 8 BANGKOK About 3,000 foreign tourists visited Laos during the first half of 1991, the Laotian news agency KPL said in a dispatch monitored here on Saturday. Most came from 11 Western and four Asian countries and visited the former royal capital Luang Prabang and current capital
        65 words
      • Article
        Group to stage protest
        77 8 MANILA A religious group close to the late dictator Ferdinand Marcos announced on Saturday that it would join a series of protests beginning this week against President Corazon Aquino's economic policies. The protest is scheduled to begin on Thursday with strikes in the capital to be
        77 words
      • Article
        Aid for flood victims
        46 8 BANGKOK The Foreign Ministry will propose that Thailand give about US$2OO,OOO in medical supplies, tents and clothing to China for victims of the worst flooding there this century. The recommendation would be submitted to Prime Minister Anand Panyarachun for approval this week.
        46 words
    • Article
      Lock icon Japanese plants in M'sia export home
      759 8 Govt directive aimed at reducing Japan's trade surplus with the world Bernama KUALA LUMPUR More Japanese home appliance manufacturers in Malaysia are exporting their finished products to Japan, and doing so in increasing volumes. Japanese officials here said on Saturday that the companies, including
      Bernama  -  759 words
    • Article
      Lock icon Taipei threatens to ban Filipino workers
      232 8 AFP TAIPEI Taiwan has threatened to ban legal recruitment of Filipinos working in Taiwan and stop all aid for the Philippines if the government there breaks a fishing agreement it signed with Taipei, officials here said on Saturday. "We will not rule out the
      AFP  -  232 words
    • Article, Illustration
      JB shops lure Singaporeans
      602 8  -  From Salil Tripathi in JOHOR BARU Half a dozen speakers emit pop music loudly. Kids gawk at window displays and close-cropped teenyboppers stalk the atrium lobby. Silent escalators take shoppers to different levels. A skateboard wizard passes by undecided shoppers telling them to try out the
      602 words
    • Article
      Thai Finance Ministry worried by delay in Tokyo aid package
      444 9 BANGKOK An apparent delay in the progress of a substantial assistance package from Japan has raised concern within the Thai Ministry of Finance, The Bangkok Post has reported. The reported delay in the new yen loan and assorted Japanese aid
      444 words
    • Article
      Indon dependence on US likely to create challenges
      308 9 SINGAPORE With Indonesia firmly committed to an export-oriented economic regime, greater external dependence, particularly on the US, is likely to create more challenges to the future, according to the Hongkongbased Political and Economic Risk Consultancy (PERC). In the latest issue of its
      308 words
    • Article
      Lock icon Japanese gangsters operating in Thailand: police
      164 9 AFP BANGKOK Japan's mafia has begun operating in Thailand, where gangs are extorting money from Japanese firms and running prostitution and drug rackets, a senior Thai police official said on Saturday. Major General Charuek Mekwichai, the deputy commissioner of the Bangkok police, told reporters
      AFP  -  164 words
    • Article, Illustration
      Lock icon US aid to Manila appears unthreatened by bases' future
      614 9 AP WASHINGTON Current levels of US aid to the Philippines do not appear to be threatened, despite talk of shutting down volcano-dam-aged Clark Air Base and cutting back operations at Subic <■ Bay naval base. No decision has been made on
      AP  -  614 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      194 8 uinu.ijiira Individual, joint-venture or outright purchasers/partners are invited to develop a 3000acre piece of prime tourist oriented development situated in Genting Peras, 60 kilometres or an hour's drive south east of the Kuala Lumpur City Centre. This resort will comprise a 27-hole golf course, condominium, country homestead, international community homes,
      194 words
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      Page 8 Advertisements Column 2
      135 8 After a big success last year, made inlritonesia EXHIBITION AND TRADE FAIR is coming back WORLD TRADE CENTRE, SINGAPORE, 19-23 JULY, 1991 Now with a great range of Indonesian export potential products likes: textiles apparel, shoes bags, skin products, food beverages, building construction materials, wooden rattan furniture, gift items, handicraft
      135 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      109 9 H 'J>& ♦»vS9P^ n '< J J w jyjjjjjj Our Commitment To State-Of-The-Art Technology Has Helped Us Win Worldwide Acclaim. When it comes to investing in the latest technology, Korean Air leads the way. Our new Boeing 747-400s fly nonstop from Seoul to Europe and America. Our highly trained maintenance
      109 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Moscow seeking aid for oil wells: paper
        79 10 TOKYO The Soviet Union has asked for assistance from Japan and other industrialised nations to put its disused oil wells back into operation. The Nihon Keizai newspaper said last Saturday that Moscow planned to use foreign equipment and expertise this year and next
        79 words
      • Article
        Taipei wants talks with Aussies
        56 10 TAIPEI Taiwan has asked Australia for talks next month aimed at curbing its beef exports to the island this year after sales last year exceeded an agreed quota, the island's Council of Agriculture said last Saturday. Taiwan last year imported 38,028 tonnes of beef, of
        56 words
      • Article
        Valdez clean-up completed
        68 10 ALASKA The clean-up of the Exxon Valdez oil spill is over. The last crews were demobilised last Saturday, bringing to an end a massive effort to scrub away the bulk of the worst spill in the US. The effort took three summers to complete and cost US$2.5
        68 words
      • Article
        Li Peng leaves high hopes
        105 10 DAMASCUS Chinese Prime Minister Li Peng ended a four-day visit to Syria yesterday and left for Kuwait amid local press expectations that his trip will have positive results on efforts to solve the Arab-Israeli conflict. A joint communique issued focused largely on the 43-year-old conflict,
        105 words
      • Article
        Party membership gap narrows
        90 10 NEW YORK Democrats hold just a narrow edge over Republicans in party allegiance in the US. According to a poll by The New York Times and CBS News published yesterday, 34 per cent of the 14,695 persons interviewed identify themselves as Democrats while 31 per cent
        90 words
      • Article
        Falling support for Irish party
        87 10 DUBLIN Irish Prime Minister Charles Haughey's ruling Fianna Fail party yesterday hit a new nine-year low in a newspaper opinion poll. Its support plunged to 43 per cent in the Irish Independent poll in the wake of a disappointing performance in recent local elections. Unemployment
        87 words
    • Article
      Lock icon Consumerism back in vogue in post-war Kuwait
      339 10 Reuter KUWAIT In spite of the chastening experience of the seven-month Iraqi occupation and the Gulf war, Kuwait is as conspicuous in its consumerism as ever. The fleets of Mercedes and gleaming Cadillacs are out in force again on the streets. Marble-decked shopping
      Reuter  -  339 words
    • Article
      Lock icon Soviet economy in critical condition, says bank study
      351 10 Radical reforms are needed, says report Reuter LONDON The decline of the Soviet economy has reached critical proportions and immediate and radical action is needed to halt the slide, according to a study by the European Bank for Reconstruction and Development released
      Reuter  -  351 words
    • Article, Illustration
      Lock icon Panicking Yugoslavs hoard food over fears of civil war
      230 10 Reuter BELGRADE Yugoslavs are besieging shops and stocking up with food out of fear of civil war. "We are faced with a psychologically generated demand," Deputy Trade Minister Borivoj Zivanovic told the Belgrade newspaper Vecernje Novosti last Saturday. Other Yugoslav media
      Reuter  -  230 words
    • Article, Illustration
      Lock icon Moscow to sell 80pc of small firms: envoy
      367 10 Reuter LONDON Eighty per cent of the Soviet Union's small and medium-sized businesses will be privatised within two years and the rouble made fully convertible, Soviet President Mikhail Gorbachev's special envoy said in an interview published yesterday. An economic reform plan that
      Reuter  -  367 words
    • Article
      Lock icon German budget deficit to soar to 136.8b marks: magazine
      250 10 Reuter HAMBURG The German federal deficit is likely to soar to 136.8 billion marks (*****.5 billion) next year far above Bonn's official prediction of 49.4 billion marks, says the news magazine Der Spiegel Made available ahead of today's publication, a magazine
      Reuter  -  250 words
    • Article
      Lock icon Some success seen in marathon US-Soviet arms talks
      217 10 AP WASHINGTON Soviet and American negotiators wrangled late into the night last Saturday over a treaty to reduce long-range nuclear missiles, achieving some success in an intensive drive towards a final agreement. Winding up nine hours of talks that lasted into the
      AP  -  217 words
    • Article
      Lock icon Japanese farmers fear Tokyo will open rice market
      649 10 Reuter YAHIKO, Japan Farmers in Niigata, Japan's "Rice Bowl", have begun to doubt the government's will to resist a US rice invasion, now that Tokyo politicians are hinting that the age-old import ban may have to go. As Prime Minister Toshiki Kaifu
      Reuter  -  649 words
    • Article
      Lock icon Drive to make Dubai clean and healthy city
      240 10 AFP DUBAI The local authorities have launched a drive that they hope will make their Gulf city among the cleanest and healthiest places in the world. The drive involves fines against environment offenders. strict anti-pollution measures and a large-scale sweep to wipe
      AFP  -  240 words
    • Article, Illustration
      Lock icon Brady sees US growth above 2pc in second half
      276 11 Reuter WASHINGTON US Treasury Secretary Nicholas Brady believes the American economy will expand during the second half of the year at a rate above 2 per cent. In an interview with Cable News Network's Evans and Novak television show last Saturday,
      Reuter  -  276 words
    • Article
      Lock icon US tobacco critic widens attack
      231 11 AP WASHINGTON The US tobacco industry's arch-critic in Congress is taking on a prominent snuff manufacturer and opening new overseas fronts in his war against smoking. Congressman Chester Atkins wants the government to require that US cigarette brands worldwide carry health warnings on the packs
      AP  -  231 words
    • Article
      Lock icon UN team expects new Iraqi nuclear list
      204 11 AFP BAGHDAD United Nations experts charged with pulling Iraq's nuclear fangs expected a new list of Iraqi facilities and equipment yesterday, in time to be examined by the Security Council today. Dimitri Perrichos, head of a mission of 37 experts from the International
      AFP  -  204 words
    • Article, Illustration
      Lock icon Little outcry from critics over huge US deficit
      665 11 NYT WASHINGTON This time last year, the US federal budget was front-page news. President George Bush and Congress were deadlocked in negotiations that had been going on for months. When Richard Darman, Mr Bush's Budget Director, submitted his annual midyear fiscal review,
      NYT  -  665 words
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      58 10 With effect from Bth July 1991 CATHAY SECURITIES PTE LTD Member of The Stock Exchange of Singapore Ltd is known as RHB-CATHAY SECURITIES PTE LTD Member of The Stock Exchange of Singapore Ltd An Associated Company of RHB Group, Malaysia Address 101 Cecil Street #10-10/12 Tong Eng Building Singapore 0106
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      Page 10 Advertisements Column 2
      155 10 r Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price
      155 words
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      362 11 Nothing like a little pick- Our reward? that matter.) The SAE Connection. you-up this morning, eh? The prestigious G-mark And we've also made the We've made it easy for f And if you're a warehouse for excellence in design. Alpha the most clear-sighted. you to get your hands on any
      362 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      S'pore Inc and proud of it
      1334 12  -  MSD Consultants celebrates its first birthday as a corporatised management consultancy tomorrow. Anna Teo looks at its achievements during the past year and talks to its president about its future plans Anna Teo IT HAS CUT COSTS, clinched overseas jobs and carved a wider
      1,334 words
    • Article
      Taking the fear out of privatisation
      299 12 PRIVATISATION aims to clean out state inefficiency and throw up a leaner, more competitive, enterprise. The process is, however, often fraught with obstacles and viewed with hostility. In an article on privatisation in its inaugural quarterly newsletter The Management Observer, MSD Consultants discusses some
      299 words
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      95 12 W-' WBmm 1 -^!^KPII£R9i le-Y&ks&s\1 e -Y&ks&$\ *M*>t i f^i Ffl IKytll-— ■r-^iW <J^^'^r^%r a tr*. A P^ip timr tfl* atmpflr fat* of tfl* dmrttcun Soutflwart Aummet <)ttj mtu) |Hn?m, dun Bfifacfta) d£ufl2> a»u) diruWapa*. omr t) tfl* eßeyanc* of tftrncfi t'Kouvefte Cu u>int woo at)JcJ am) an imaginative, exciting
      95 words
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  • ANALYSIS
    • Article
      Lock icon South Korea — from basket case to industrial giant
      817 13  - South Korea from basket case to industrial giant The bureaucrats in Seoul have a big say in shaping the economy. Sylvia Nasar explores why this has not stunted the country's growth, contrary to popular belief Sylvia Nasar NYT TODAY'S formula for economic success stresses free trade, unfettered markets and minimal
      NYT  -  817 words
    • Article, Illustration
      US share of Singapore's exports down by a third
      1098 13  -  Despite the US recession and local exporters' diversification, the US is likely to remain Singapore's largest export market. Schutz Lee reports Schutz Lee AS MORE and more made-in-Singapore goods make their way to the European Community, North and South-east Asia, the
      1,098 words
    • Article
      Lock icon Soviet debts weigh heavily on G-7 summit
      843 13 NYT AS SOVIET and Western leaders prepare for this week's summit conference, it increasingly appears that they may need to deal quickly with Soviet Union's huge debt and shortage of hard currency. Soviet officials recently estimated their current foreign debt at US$7O billion
      NYT  -  843 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      91 13 DOONESBURY by garry trudeau mk Pttsteenr.iowr rmStsee iouMH imsan, 60 ON UKE THIS! WITHOUT jtSSSarnOLB^^ WTHE JOHN. ANPI PONT JUST MEAN MEAN, WE- LIKE A bfkQNG SIGNAL OF f APPEARANCE OF IMPROPRIETY IN SITTING WITH THE COMMON HBRP TAXIS? HITCH" SUPPORT FROM >OUMYA 5, ON THE TRUMP SHUTTLE! I MEAN
      91 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lendl pulls out of Washington tournament
        85 14 WASHINGTON Ivan Lendl has withdrawn from the Washington Tennis Classic, just four days after he accepted a wild card entry as the top seed. Lendl, ranked third in the world, underwent minor surgery last week for a recurrent infection of his right hand and
        85 words
      • Article
        Mancini in Swedish final
        80 14 BASTAD, Sweden Alberto Mancini of Argentina rallied after losing the first eight games to beat Alexander Volkov of the Soviet Union 0-6, 6-3, 6-2 on Saturday and advance to the final of the Swedish Open. Mancini, seeded eighth in the U*****,000 tournament, was to play No
        80 words
      • Article
        Bradley set to win
        76 14 FORT WORTH, Texas Former US Women's Open champion Pat Bradley put herself in position to win another Open on Saturday, shooting a 1-over-par 72 to share the third-round lead with Joan Pitcock. But Bradley will not only have to overcome Pitcock, a little-known non-winner who turned
        76 words
      • Article
        Baker-Finch shares lead
        83 14 SUTTON, Massachusetts lan Baker-Finch of Australia overcame a bleary start to shoot a five-under-par 66 on Saturday for a share of the lead in the US$l million New England Classic men's golf tournament. Baker-Finch and Gene Sauers, who also shot 66, were tied at 13-under-par 200 for
        83 words
    • Article, Illustration
      Lock icon LeMond captures overall lead again
      494 14 Tour de France AP ALENCON, France Greg LeMond of the United States took the overall lead for the third time in the Tour de France by finishing second in Saturday's eighth stage, an individual time trial. LeMond was eight seconds behind stage winner Miguel Indurain
      AP  -  494 words
    • Article
      Lock icon Mansell poised to win British Grand Prix
      496 14 AP SILVERSTONE, England Nigel Mansell has put himself in excellent shape to win a second straight Formula One race, grabbing pole position for yesterday's British Grand Prix. Mansell, who won the French Grand Prix last weekend, had a fastest lap of 1 minute,
      AP  -  496 words
    • Article
      Lock icon Nastase leads trio into Tennis Hall of Fame
      280 14 Reuter NEWPORT, Rhode Island Ilie Nastase, who mixed showmanship with shot-mak-ing brilliance, crowned his controversial career on Saturday by leading a trio into the International Tennis Hall of Fame. "I've been on the bad side of tennis, so it's nice to go
      Reuter  -  280 words
  • Page 14 Advertisements
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      137 14 X2pE3j9 Rarely has there come together such a petfect blend of havebeenuseAincludingmuchbeauriMnaturalstonework. jj^j^^H I;"?"' elements. Each one in its own right the best of its land; but With the provision of every service and facility to ensure Cj3SfeyfifflttM %J*'L SHHI in combination something truly remarkable. the highest standards of comfort
      137 words
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  • THE ARTS 1
    • Article, Illustration
      Winners come with years of experience
      869 15  -  Susan Tsang speaks to the winners of this year's UOB art competition Susan Tsang AS ONE of the bigger local art competitions, United Overseas Bank's annual quest for the Painting of the Year has often provided a launching pad for young, unknown artists. Last
      869 words
    • Article, Illustration
      Ben Cruz wins a second time
      278 15 THIS year's winner of the Abstract Category, who also ended up $6,000 richer, is the same as last year's, and once again, Ben Cruz has used aerosols car lacquer aerosols, to be precise. The difference this year is that Ben, 37, entered the competition
      278 words
    • Article, Illustration
      Lock icon Fairfield choir sets the standard
      664 17  -  P Y Van enjoys some fine singing at the finals of the Second Choral Competition P Y Van 1T WAS a keenly fought contest, but the choir from Fairfield Methodist Secondary School out-sang seven other school choirs at last Wednesday's Second Choral Competition finals to
      Punch  -  664 words
  • Page 15 Advertisements
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      245 15 mmmmmmmmmmmmmmmm .^■■^■r^.?*?"f-' <jy^^SMj^BM^ DOT MATRIX PRINTER HP DESKJET 500 "^pr Obviously, you'd go for the one on the charts, superior graphics, documents It's an area we pnde °'P^^ r J^„ lrl t right. Andyou wouldn't be wrong. good enoutfi to impress the most teadingthe field. We Pioneered InWet critical client.
      245 words
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  • Page 16 Advertisements
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      225 16 WHERE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, PINE AMP ENTERTAIN WHEBE TO WINE, DIME A "Heavenly®® Feast Sumptuous Sichuan cuisine. Rich piping hot steamboat. Lunch: 11.30 a.m. t02.30 p.m. I Delicate Yangzhou Dianxin. Dinner 6.30 p.m. to 10.30 p.m. I K|NNfSG f S A MEMBKR OFCI3L HOTELS I
      225 words
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      Page 16 Advertisements Column 2
      269 16 A SKIRLING NEW PORMADOS APPEARS TONIGHT ABOVE scons RO\D 1 CANOPY BAR Wi«f tad i With its spectacular glass frontage, the! amipy Hat'istnc local place tosoc the stars It's also\Singaporc's newest and mma exclusive rendezvous The Canopy Bar, upstairs at the Hyatt 3|P 1 COFFEE HOUSE Where you can dine
      269 words
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      Page 16 Advertisements Column 3
      270 16 r&illtiohm M? bY~*% UhVk mm Sing in the Subway! Happy hours at Subway are now singing hours. So ride on down to Subway for Happy Hours when all drinks are going for a song. Plaza Hoiji, Happy Hour* cW^y k?w*rirM!rM»nn pm iy Catch the Cuatro Calientes at the Bugis Lounge
      270 words
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      Page 16 Advertisements Column 4
      154 16 J I That's our prediction for you when you step into the Kasbah as m2S"» live bindi take you down memory lane with golden hits and evergreens Every night is nostalgia night. You'll be mesmerized. TmkJkp* 9pm 2m --StV" 111 A/ Sf*mtK~mSt~- Wmkmi. W«. </,.M. ».<»i|' JIMMIIWUJpiII ball —Smaif Ttmnitptfrnm
      154 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      715 16 TELEVISION AND RADIO V>v J interest in him (Stereo). 7.00 CaMa Naws Natwarfc. RiIQINF^SRADIQV *****1 l J SBCI2 8.20 Hihnraa Miaggu Ini (M, L, 7.28 Maghrib Prayar Call. puqot• v: Song and dancc K£i&v!i£mL 7.00 PM CNN hrtarnatlanal (L). veals to Sheriff Truman (Pt 2). RADIO 5 92 4 mHz
      715 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      225 17 AND ENTERTAIN Businessman's Buffet At Hubertus Grill, the I Businessman's Buffet Luncheon offers I you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. I! $31.00+4-per person. I
      225 words
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      Page 17 Advertisements Column 2
      336 17 You know Philips for the smooth shave you get. \burPhilishavatheNal in shaving We take )r de n be ng ab,e t0 technology, is but one of a vast range /A make life a little easier and more plea f PhTps personal care products ok sant for you. Including giving you
      336 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market set to continue tailing overseas bourses
      5184 18  -  By Diana Oon NEWS FROM overseas markets is expected to continue to affect the performance of the local bourse this week. Last week, jitters over major stockbroking scandals in Japan and the BBMB Securities scandal in Malaysia pushed the market to a weaker
      5,184 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3221 19 Main Board SIA Foreign 1900 50 2.7% FELS 50* 685 50 7.9% OUE 665 +35 +5.6% Jurong Ship 50* 880 30 3.5% Keppel Corpn 755 +15 +2.0% Weames 422 +12 +2.9% Transmarco 242 +11 SIA 200 1340 +10 0.8% DBS Foreign 1280 +10 +0.8% DBS
    3,221 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Market slumbers with the onset of summer
      802 20 FT NEW YORK EVERY BODY continues in a straight line unless acted upon by an exterior force, runs the physics axiom. The problem with Wall Street at the moment is that exterior impetus is sadly lacking. The last five trading sessions have seen
      FT  -  802 words
    • Article
      Lock icon Stocks rise for first time in 4 weeks
      504 20 AFP fe^oKYdi^ SHARE PRICES on the Tokyo Stock Exchange last week defied the Big Four stock scandal, posting a sizeable gain with the Nikkei Stock Average recovering to the 23,000-yen level. The key market barometer closed out the week at 23,137.78 yen
      AFP  -  504 words
    • Article
      Shares rise ahead of rate cut
      898 20  -  LONDON By Ray Heath "GOODBYE, Karl Otto Pohl, and thank you" was the London stock market's farewell message to the outgoing president of the Bundesbank last week. Thursday's meeting of Germany's central bank, the last over which Mr Pohl was to preside before handing
      898 words
    • Article
      Index set to hit 4,000 points
      830 20 HONGKONG THE Hongkong stock market is poised to go higher in the coming weeks after last week's expected healthy consolidation. The impressive average daily turnover of HK$2 billion (***** million) and the 62-point premium on the July Hang Seng Index futures indicated strong buying
      830 words
    • Article
      Lock icon ASIAN MARKETS ROUNDUP
      692 20 AFP AUSTRALIAN stock prices eased last week as the market waited for evidence of an economic recovery, brokers said on Friday. The market indicator, the All Ordinaries Index, slipped 4.2 points to 1,531.9. The All Industrials Index lost 7.9 points to 2,347.2 and the All Resources shed
      AFP  -  692 words
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      100 20 u 11 cou,d a controversial deal between two stock market stars, a thought-provoking report by university researchers on lhc ,alest trans Euro P can m erger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. yj/ FOCUS is the
      100 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Analysts divided over direction of market
      4387 21 MBT BUYING SUPPORT on the Kuala Lumpur stock market was clearly lacking last week due in part to the adverse influence of the jittery Tokyo market. The Tokyo bourse showed signs of intense anxiety from last Monday, ahead of anticipated announcements: by the finance
      MBT  -  4,387 words
  • Page 21 Advertisements
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      450 21 A SINGAPORE BUSINESS LUNCHEON TALK EMPOWERED WORKTEAMS The Management Tool of the '90s Date 22 July, 1991 Time 12 noon 3 p.m. Venue Crystal Ballroom, Hyatt Regency Hotel Fee $55 Closing Date 12 July 1991 Self-directed workteams are the buzzword in RICHARDS WELLINS today's volatile business environment. In his speech
      450 words
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  • WORLD STOCK MARKETS
    • Wall Street ends erratic session higher
      • Article
        Untitled
        360 22 July 12 Close Previous NEW YORK Dow Jones 2.980.77 2.959.75 +21.02 NYSE Financial 151.28 149.93 +1.35 S&P 500 380.25 376.97 3.28 Turnover (million) 174.8 157.9 +16.9 LONDON Financial Times 30 1.925.7 1,928.4 -2.7 FTSE 100 2,497.4 2.510.5 -13.1 Turnover (million) 443.1 536.6 -93.5 AMSTERDAM CBS Tendency Index 93.5 93.6 -0.1
        360 words
      • Article, Illustration
        NEW YORK
        1417 22 NEW YORK stocks gave Wall Street investors and traders a case of the hee-bie-jeebies on Friday, before ending with a strong gain. Keeping up its erratic pace of the last week, the Dow Jones Industrial Average bounced around for most of the session before ending at 2,980.77, up
        1,417 words
      • Article, Illustration
        LONDON
        684 22 LONDON shares ended lower last Friday, as the market turned cautious ahead of the Group of Seven economic summit this week. Institutional investors were reluctant to take on new positions ahead of the start of the G-7 summit, dealers said. The summit has created an "air of caution" although
        684 words
      • Article
        AMSTERDAM
        273 22 DUTCH shares ended slightly lower in quiet trade on Friday, depressed by the dollar's fall on central bank selling which caused investors to sell those blue chips most dependent on dollar earnings, dealers said. The CBS General Tendency Index closed down 0.1 point at 93.5 after an earlier high
        273 words
      • Article
        MILAN
        146 22 ITALIAN shares reversed early technical gains and closed broadly lower on Friday, following a weak performance in some industrial and insurance stocks. Brokers said towards the end of the session Fiat and some other leading shares staged a limited recovery in unofficial kerb dealings and returned to their official
        146 words
      • Article
        STOCKHOLM
        122 22 STOCKHOLM shares on Friday closed broadly down from Thursday's yearhigh levels, mainly as a result of profit- taking after the past few days' gains. The Bourse General Index lost 0.44 per cent to 1,133.69 in low turnover of 219 million crowns. Blue chips shed 0.46 per cent on average.
        122 words
      • Article
        PARIS
        222 22 MANY French shares closed higher on Friday but the CAC-40 blue chips index lost modest midsession gains to finish virtually unchanged after a steep drop in Elf Aquitaine. Oil firm Elf fell 13.10 francs to 341.10, on the day's secondheaviest turnover of nearly 150 million francs, after a British
        222 words
      • Article
        ZURICH
        241 22 SWISS shares closed higher in mostly quiet trading on Friday. Dealers said industrial shares were supported by the dollar which is seen rising despite Friday's interventions by various central banks. Banks were helped by Thursday's Bundesbank decision to leave its key rates unchanged. The all-share SPI Index rose 8.7
        241 words
      • Article
        FRANKFURT
        220 22 THE Frankfurt bourse was slightly firmer at the finish of a thin Friday session that saw investors turn their attention to specialist stocks including meat processor Moksel and sports goods maker Puma. Blue chips posted modest gains, led by chemicals and banks. The 30-share DAX Index rose 6.91 points,
        220 words
      • Article
        JOHANNESBURG
        395 22 IN JOHANNESBURG, the stock market continued to back-track sharply on Friday from Wednesday's record highs as recent euphoria over the lifting of trade restrictions against South Africa subsided. Brokers generally agreed that gains have been grossly overdone in a thin market, and noted repeated warnings by analysts recently that
        395 words
      • Article
        TORONTO
        260 22 TORONTO stocks on Friday rallied in late trade in moderate volume. A 0.2 per cent drop in US retail sales for June and a 0.3 per cent fall in producer prices indicated the US economy is still in the doldrums, leaving room for further drops in interest rates, traders
        260 words
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      56 22 You may have been unable to get your Business Times, Straits Times, Sunday Timbs, 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
      56 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Greenback takes a beating with central banks' intervention
      466 23 NEW YORK Reuter SEVERAL rounds of surprise central bank dollar selling trounced the US dollar in New York on Friday, causing a whopping 2.5 per cent one-day decline against the mark. It was "diabolical," said Albert Soria, foreign exchange manager at Kan-sallis-Osake-Pankki
      Reuter  -  466 words
    • Article
      Lock icon US$ mixed against Asian currencies
      672 23 ASIAN CURRENCIES AFP THE US DOLLAR closed mixed last week against Asia-Pacific currencies as major central banks intervened late in the week to cap the greenback's surge. The Indonesian rupiah, the New Zealand dollar, the Philippine peso, the South Korean won, the Taiwan dollar and
      AFP  -  672 words
    • Article
      INTERBANK FOREX RATES
      398 23 Cross rates My n USS SS* MS* Dm Yen SFr AS NZS USS 1.7620 2.7920 1.7895 136.40 0.6064 1.5480 1.2953 1.7762 SS* 0 5675 1.5846 1 0426 0.7877 0.3540 0.9035 0.7399 1.0117 MS* 0.3582 63.11 0.6580 0.4971 0.2234 0.5702 0.4670 0.6384 Dm 0.5588 0.9592 1.5199 76.22 0.3389
      398 words
    • Article
      MONEY MARKET
      520 23 Interbank rates s$ Bid Offer Overnight 1 1 1/2 1-month 5 3/4 5 7/8 2-month 5 13/16 5 15/16 3-month 5 7/8 6 Overnight mode: 5 1 tIS$ High Low 7 days 6 5 15/16 1 month 6 6 2 months 6 1/16 6 3 months 6 1/8
      520 words
    • Article
      Lock icon UK base rates could fall to 10pc by year-end: analysts
      494 23 Reuter LONDON Britain could see 10 per cent base rates by the end of 1991 provided sterling's position in the European exchange rate mechanism (ERM) is not upset by a dramatic fall in support for the ruling Conservatives, analysts said.
      Reuter  -  494 words
    • Article
      Lock icon S African rand trading may re-emerge with lifting of sanctions
      428 23 Reuter NEW YORK A US market for trading the South African rand could re-emerge quickly with the lifting of sanctions, bank traders said, although some warned the controversy over South Africa has not ended. If corporate customers have a need
      Reuter  -  428 words
    • Article
      Spot gold ignores sharp fall in US$
      456 23 GOLD FINANCIAL FUTURES REPORT TECHNICAL considerations dominated last week's trade in spot gold ahead of an eventful week starting today which includes a world economic summit, G-7 talks, US Fed chairman Alan Greenspan's Humphrey Hawkins testimony, the announcement of a possibly record size
      456 words
    • Article
      FINANCIAL FUTURES
      298 23 jjjjj MLli DEUTSCHEMAKK Open High Low Sett Vol Op/Int Sep 91 0.5491 0.5492 0 5414 0 5422 34,677 69.907 Dec 91 0.5427 0.5435 0.5380 0.5384 EUWOPOU-AK Open High Low Sett Vol Op/Int Sep~9l 9161 9165 9158 9164 62.903 788.362 Dec 91 93.01 93.06 92.98 93 05 JAPANESE YEW
      298 words
    • Article
      PRIME LENDING RATES
      515 23 BANKS ABN Bank 8 l Allied Irish Bank PLC 8 l /j American Express Bank 8'/« Am'Dam R'terdam Bank 8'/« Arab Banking Corp 8'/* Arab Bank PLC 7 l /i ANZ Banking Group 8 Ban Hin Lee Bank 8 Banca Commerciale 8Vi Banco do Brasil 8 Bangkok
      515 words
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  • COMMODITIES
    • Article
      Lock icon Tinplate shortage hits Malaysian canning industry
      404 24 Reuter PASIR GUDANG Malaysia, the world's fourth largest tin producer, is facing a serious shortage of tinplate as a result of the expanding local tin-canning industry, canning industry officials said. The rising demand has put a strain on the country's sole tinplate maker and
      Reuter  -  404 words
    • Article
      Lock icon Middle East oil producers will regain dominance: study
      325 24 Reuter WASHINGTON A team of US government geologists predicted that the world no longer has any major untapped oil fields and that as a result Middle East producers will become more powerful than ever. Writing in Science magazine, they said that exhaustive
      Reuter  -  325 words
    • Article
      Lock icon Threat of attack on Iraq sends oil prices up
      908 24 REPORTS AFP THE FEAR of a US air strike on Iraqi nuclear installations sent Brent North Sea crude prices well above the US$l9 (Ss32) a barrel mark and provided the highlight of the past week on commodity markets. Production problems in
      AFP  -  908 words
  • Article
    PRICES
    1132 24 Rubber HAS(tetoill bates) Scents/kg Int 1 RSS Close July 8 144 25 July 9 144.00 July 10 143.75 July 11 144.00 July 12 144.00 MRELB (fob to balw) M cents/kg Int 1 RSS Close July 8 229.50 July 9 229.50 July 10 229.50 July 11 229.50 July 12 229.50
    1,132 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      238 24 BUSINESS TIME S TBLEPHONB: 730-5771/5772/5773 PAX: 734-49»2 SIN CONTBUCIION PTC LTD 0* V«L FINAL MEETING NOTICE IS HEREBY OtVEN puaaanttoSaction3oioftfaaCoapaniße Act SO) da Fmal Onnl Maathgof*a Mawhaiaoflhaabuiianamed Company *il be haU at the Office of hf> Wee S«« To!* A Co., 1 Colombo Coait W7-01AJ3, Saagapoae 0617 on T«aAjr,lki2olfcAya(Ai|ul, 1991
      238 words
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      Page 24 Advertisements Column 2
      26 24 Difficulty in getting a copy of Singapore Business, Her World, Go, Home Decor, Young Parents? I Call our Hotlines 740-1839 740-1840 for locations of nearest newsstands.
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      Page 24 Advertisements Column 3
      11 24 Your search lor EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1150 25 City Flight ETA Flight ETD j Adotaido SQ228 1905 SQ227 2200 Annan RJ182 1400 Amstardam SQ23 0700 KL842 2255 Athons SQ25 0735 SQ36 2200 Auckland SQ388 2030 BA12 2200 2 Bandar Sen SQ181 1410 SQ182 0915 Bogawan Bangkok QF69 1145 RA408 0825 TG403 1155 TG402 0830
    1,150 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Chinese food and rock 'n roll
      570 25  -  POSTCARD FROM LONDON By Giles Elgood PAUL CHAN serves up Blue Suede Shoes with the sweet and sour pork when he entertains customers at his Elvis Presley Chinese restaurant. Chan, 42, is the owner and star attraction at the Gracclands Palace, a south London
      570 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm on July 12: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.343 1.36S Canadian dollar 1.S20 1.550 NZ dollar 0.980 1.010 Sterling pound 2.820 2.850 US dollar 1.760 1.770 Local dollars to 100 units of foreign currency Austrian schilling
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      87 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel July 14-21 Exhibition On Buenos Aires USUARIA *****2855 Aug 6-9 IV Jewellery Buenos Aires, Rossi Heinlein *****1-9413 Equipment, International Argentina A Asociados SA Technology Exhibition A Services for Informatic A Aug 18-20 International Germany Mode Woche- *****1990
      87 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      41 25 Kokkola? Ifs the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Kunjpe from start to Finnish.
      41 words
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      Page 25 Advertisements Column 2
      57 25 THE LADDER OF HOPE IhJ "This is a long journey, and it may well represent the last opportunity to reverse the slide" ACTION COMMITTEE I I ON INDIAN EDUCATION I I Indian pupils have a lot of I I catching up to do. But how? LmJ And why should it
      57 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      319 25 6 Old copy of the Lancet Bl lumbago issue (4.6) I 111! 8 Staff sign in a circle form liß |H| 9 Don't move, set up as a II j I producer of spirit (4.5) I I I I I—l Pine wood can return to the flock (3) 13 Wake
      319 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      198 25 Singapore Outlook: Fair Report: Maximum temperature 31.8* C Assoc humidity 66% Minimum temperature 26.3* C Assoc humidity 86% Hours of sunshine 7.40 Rainfall in mm Nil Rainfall this month 22.5 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Shower Bangkok 33/24 TStorm Beijing 32/21 TStorm Brunei
      198 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      13 25 fc:i'JUJgfILWfWWWW it STfcfcTCD OFF &N PfceSiDeNT OP A\ EQRTW€. UQgse^^ CO. LTD, IM2-IMI
      13 words
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  • Article, Illustration
    Lock icon Gorbachev not likely to get more than technical aid
    484 26 Group of Seven Economic Summit Reuter LONDON Soviet President Mikhail Gorbachev will almost certainly knock in vain on the door of the rich nations' club if what he wants is big money now. Officials preparing for a summit of the Group
    Reuter  -  484 words
  • Article
    Lock icon Hawke sees no quick end to trade disputes with US
    217 26 AFP MELBOURNE Trade differences between the US and Australia may not be resolved before US President George Bush visits Australia in November, Australian Prime Minister Bob Hawke said yesterday. He said that Washington was ready to change its protective trade
    AFP  -  217 words
  • Article
    Lock icon S Korea considering buying Australian LNG
    224 26 AP SEOUL South Korea is considering buying one million to two million tonnes of Australian liquefied natural gas a year beginning in the mid-1990s to meet domestic needs, government officials said yesterday. Officials at the Ministry of Energy and Resources said their minister, Jin
    AP  -  224 words
  • Article
    Lock icon Pyongyang attacks Roh's call for closer bilateral ties
    212 26 Reuter TOKYO North Korea yesterday denounced proposals by South Korean President Roh Tae-woo for closer ties between North and South as intended for division, not reunification". Last Friday, Mr Roh suggested that the two Koreas end decades of hostility with a non-aggression
    Reuter  -  212 words
  • Article
    Lock icon Flood death toll in China tops 1,300
    195 26 AFP BEIJING The death toll from China's worst flooding in decades climbed past 1,300 yesterday and seemed likely to surge as relentless storms battered the Yangtze River valley, complicating relief efforts. Officials forecast heavy rains in the provinces on the upper and middle
    AFP  -  195 words
  • Article
    S'pore exports to Mid-East fail to pick up
    477 26  -  By Shoeb Kagda FIVE MONTHS after the end of the Gulf War, exports to Kuwait and other Middle East countries are still moving slowly despite claims that the region is back on its feet. Bankers and exporters are particularly wary of Kuwait
    477 words
  • Article, Illustration
    Lock icon Protesters behead effigy of Cresson
    142 26 AP TOKYO Dozens of Japanese rightists marked Bastille Day yesterday by beheading an effigy of French Premier Edith Cresson, an outspoken critic of Tokyo's trade policies. The rightists dragged the headless effigy through the streets in an hour-long march to the French embassy, where they
    AP  -  142 words
  • Article
    Lock icon Greenspan expected to present Congress a glowing report card
    408 26 Reuter WASHINGTON US Federal Reserve Chairman Alan Greenspan will give Congress good news tomorrow when he presents the central bank's semi-annual outlook on the US economy. He will tell lawmakers that if they want to make a fairly safe bet, they
    Reuter  -  408 words
  • Article
    Lock icon France backs attack on Iraqi N-sites
    220 26 UPI PARIS French President Francois Mitterrand said yesterday that a new military intervention against Iraq would be justified if it were launched to prevent Baghdad from obtaining nuclear arms or to prevent the persecution of minorities. Speaking a few hours before he was scheduled
    UPI  -  220 words
  • Article
    Lock icon Taipei to get tough with some Japanese investments
    302 26 Reuter TAIPEI Taiwan is to get tough with investment applications from Japan which generate trade surplus in favour of this island's former colonial master, the official Central News Agency (CNA) reported yesterday. Vice-Economics Minister Chiang Pin-kung was quoted by the agency as
    Reuter  -  302 words
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  • Shipping Times
    • Article, Illustration
      J&N Cruise to get third vessel in two years
      500 27  -  By Rahita Elias NEPTUNE Orient Lines' (NOL) cruise arm J&N Cruise is planning to acquire a third and larger vessel in about two years. Mr Tokuhisa Asayama, J&N Cruise's president and chief executive officer, told BT that the vessel, able to
      500 words
    • Article
      Delta could still face competition for Pan Am's assets
      358 27 NEW YORK While Delta Air Lines now seems poised to end up with the most valuable chunks of Pan American World Airways, other potential buyers could butt in with higher bids for bits and pieces of the ailing carrier. Likely contenders
      358 words
    • Article
      INDEX TO ADVERTISERS
      1191 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A cWarehousing 15 4 Asian Break-Bulk 16 3 ASXCLShpg
      1,191 words
    • Article
      Malaysian airport and seaport may be built under BOT concept
      244 27 KUALA LUMPUR The second international airport for Klang valley and the second seaport for Johor may still be built under the Sixth Malaysia Plan period, although the budget for them has not been allocated under the plan. Transport Minister Datuk
      244 words
    • Article
      Lock icon Suez Canal may set tough new regulations
      208 27 UPI CAIRO The Suez Canal authority is considering a slate of tough new regulations that would fine ships US$l million (551.76 million) for polluting the canal and increase insurance requirements for vessels carrying dangerous materials, its chairman said. Authority chairman Mohammed Ezzat Adel,
      UPI  -  208 words
    • Article
      Lock icon Bush urges Japan to buy more US cars
      213 27 Reuter LONDON US President George Bush has urged Japan to buy more US cars and car parts, Japanese officials said. Mr Bush made the request during a breakfast meeting on Friday with Japanese Prime Minister Toshiki Kaifu at the president's retreat in
      Reuter  -  213 words
    • NEWS SUMMARY
      • Article
        The undoing off an aviation pioneer
        45 27 WITH the anticipated demise of Pan American World Airways, New Yorkers are witnessing the undoing of not just an important employer, but one whose triumphs and tribulations had in many ways become a part of their lives P*g* 2
        45 words
      • Article
        Club Med woos the Japanese
        29 27 CLUB MED, the world's premier operator of vacation villages, on Friday launched a new project to attract business, especially from Japanese tourists Back Page
        29 words
      • Article
        Hitler's wreck poses new threat
        36 27 ONE of Hitler's most powerful warships, sunk during the German invasion of Norway in World War Two 50 years ago, is posing a new threat from its watery grave Back Page
        36 words
      • Article
        Yugo unaffected by Yugoslavian unrest
        36 27 SALES in the United States of tiny, much-maligned Yugo cars suffered more from the recession and the Gulf War than the civil unrest splitting Yugoslavia, the cars' importer says Back Page
        36 words
      • Article
        Millions owed to New York motorists
        36 27 MAJOR automobile insurers have been disregarding a six-year-old law requiring them to grant discounts for air bags, automatic seat belts and antitheft devices, state officials charged on Friday. Back Page
        36 words
    • LOG BOOK
      • Article
        Sharp increase in ship casualties: Lloyd's
        80 28 LONDON Ship losses rose 69 per cent to 1.12 million gross tonnes in 1990 from the previous year, Lloyd's Register annual casualty return said. The sharp increase was mostly due to missing or sunk ore/bulk or ore/bulk/oil carriers. But the losses were less than
        80 words
      • Article
        Drop in Stolt's net income
        71 28 LONDON STOLT Tankers and Terminal (Holdings) saw total net income drop 16 per cent US$39.l million in the six months ended May 31. However, net income from operations grew 44 per cent to US$3B million. The figure includes non-recurring gains of US$2O.2 million from the
        71 words
      • Article
        Seamen cripple ferry traffic
        81 28 BRUSSELS Striking seamen crippled ferry traffic between Belgium's Ostend port and Dover in Britain on Friday, Belgian transport officials said. A spokesman for Belgium's state ferry line, Regie de Transport Maritime, said the one day stoppage followed similar strikes last month by Belgian workers fighting planned
        81 words
      • Article
        Witass to raise freight rates
        60 28 LONDON The general rate for member lines covering trade between Europe and the Caribbean/Central America will be increased by US$5 per freight ton with effect from Oct 1, the Association of West India Trans-Atlantic Steam Ship Lines (Witass) said. The general rate was last increased,
        60 words
      • Article
        Strike talks resume
        88 28 AMSTERDAM Talks between management and unions aimed at ending selective strike action by general cargo workers in Rotterdam resumed on Friday, a spokeswoman for the port employers organisation said. But separate talks with lash workers, who secure and unfasten cargoes, broke down on Thursday with no agreement.
        88 words
      • Article
        Ship collision at Buenos Aires
        107 28 BUENOS AIRES Two cargo vessels collided and blocked the main approach channel to Buenos Aires port on Friday, said a Coast Guard spokesman. Three seamen were seriously hurt in the collision between the Greek registered Fraterniti L, bound for the grain port of Rosario in
        107 words
      • Article
        Portugal to build van factory
        88 28 LISBON Portugal will sign an agreement with Ford Europe, a Ford Motor Co unit, and Volkswagen AG today for the building of a passenger van factory near the port of Setubal, the Ministry of Commerce and Tourism said. The US$l.5 billion factory, which is due
        88 words
    • Article, Illustration
      Lock icon Memories and job hunters
      1062 28  -  Despite its anticipated demise and the hardship this would bring to thousands of its staff, many employees still feel that Pan Am is special. Sarah Bartlett reports Sarah Bartlett NYT WITH the anticipated j demise of Pan American World Airways, New Yorkers are witnessing the undoing
      NYT  -  1,062 words
    • Article
      COCKETT BUNKER MARKET REPORT
      868 28 THIS twice weekly report, com- piled by Cockett Marine Oil Ltd, shows price ranges in US dollars j instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index
      868 words
    • Article
      THE SHIPPING GUIDE
      12403 36 This is a list of ships loading Arfci at Singapore for ports around Noll the world. It tabulates, by destination, the name of the 4. ship, the shipping line in- An* volved and the estimated dates of arrival and departure j u i y from the Port
      12,403 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        586 43 VwmI ioilk Berth MM Departs VwmI Hoy Wo Berth km* Departue Marina Terminal 1 Sembawang Terminal Brastagi 12/91 M02 14 07/2300 Ce))e STA-10 S02 alongs.de 1507/0530 C Express 088/91 M03 alongside 14.07/1630 Pan Sunny V092 S03 atongsnle 15 07/0600 Ow Daya 11/91 M03 14.07/2000 Trans Auto 30
        586 words
      • Article
        CONTAINER SCHEDULE
        890 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Booking/Batance RsKs Sip Voy No Etb/Btr Period From To From ACX Rose 168 16/1100 1 14/1500 14/1659 14/1900 2 14/1700 15/0659 15/0900 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 AIIum) 909 16/1600 1 14/1500 14/1659 14/1900 3 15/0700
        890 words
    • Article
      Lock icon Club Med woos the Japanese
      413 44 Cruise ship being built to attract Japanese business AP LE HAVRE, France Club Med, the world's premier operator of vacation villages, on Friday launched literally a new project to attract business, especially from Japanese tourists. The French tour operator set afloat the hull of the
      AP  -  413 words
    • Article
      Lock icon Yugoslavian unrest of little bother to the Yugo
      395 44 AP DETRIOT US sales of tiny, much-maligned Yugo cars suffered more from the recession and the Gulf War than the civil unrest splitting Yugoslavia, the cars' importer says. Before the Iraqi invasion of Kuwait, military households were big Yugo buyers, as were
      AP  -  395 words
    • Article
      Lock icon Wreck of Nazi warship posing new threat
      369 44 Reuter OSLO One of Hitler's most powerful warships, sunk during the German invasion of Norway in World War Two 50 years ago, is posing a new, silent threat from its watery grave. More and more oil is bubbling up from the bottom of
      Reuter  -  369 words
    • Article
      Lock icon Approval for Panama Canal widening
      129 44 Reuter PANAMA CITY The narrowest stretch of the Panama Canal will be widened to increase shipping capacity under a US$2OO million (***** million) project approved last Thursday by canal officials. The Panama Canal Commission said a section known as the Gaillard Cut would be widened
      Reuter  -  129 words
    • Article
      Lock icon Millions in safety discounts owed to NY drivers
      404 44 NYT ALBANY, New York Major automobile insurers have been disregarding a six-year-old law requiring them to grant discounts for air bags, automatic seat belts and anti-theft devices, state officials charged on Friday. New York motorists could be owed as much as US$3O
      NYT  -  404 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      29 27 Memories and job hunters, Pg 8 Lines and unrtc« ropresented bers of th« Registry »ggß> Agents. Singapore National Shipping kssoMW&MM ciation /•'or advertising enquiries, contact Shipping Times Tel 740-20X9/740-2090
      29 words
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      Page 27 Advertisements Column 2
      137 27 THE SPECIALIST IN: e Wiraßopt Uthinq ok Sm a I FACOJTJEB /jm Lining IMf INTERMARINE SUPPLY CO (PTE) LTD TEL *****33 (10 lines) FAX: *****77 WoieS »aW' Bett K line taW**"* 4 •»<i leadership r0 e u a«t M* a UtiJ«' sco,i 8 se „ic«|-,nV'«S So> S A NO.* al
      137 words
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      Page 27 Advertisements Column 3
      29 27 Coctaett Report 2 Container Schedule 17 Mo to Advertisers 1 Shipping Gtade 10,11 Shps m Port 17 Singapore Tria 17 Transport Diary 3 Weather and Sea Con Atom 17
      29 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      173 28 BUS 1 NE s S T I M E S TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 BA progressive group of companies with operations in ASEAN countries and agencies worldwide seeks suitable applicants to further expand its wide base of export cargo consolidation shipping services and project cargo management. EXPORT MANAGERS Experienced applicants
      173 words
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      Page 28 Advertisements Column 2
      181 28 r FORSALE 1 UNUSED SURPLUS EQUIPMENT I 12 Lengths 120 Mtr 2 Inch Dia J I 6x37Galv'dWlreßape I One End Eye Spliced 1 Mtr I 10 pes-5 Mtr 2 tach Dia Wire I Rope Slings Eye Each End I 16 pes -17 Ton SWL Bolt Type I Shackles J 1
      181 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1553 29 rr"Q »iHWUUWJ VUIJ JLV 200 Cantonment Road #12 06 Southpoint. Singapore 0208 Mlfff/ Ttl *****11 TELEX NO RS ***** TERMINAUCFS T«t *****11 220 BTMMflyl bookings t«h *****34 2SB L VXQf J PESAKA JARWNE SHIPPING AGENCIES SOW. BHD. TORT KELANG TEL: *****11 TELEX NO. MA*****/MA***** HHHHI PENANG TEL *****4 TELEX NO
      1,553 words
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      Page 29 Advertisements Column 2
      1552 29 —transpoSßTßSy Aug 13-14: Seminar on Shipping and Air Freight Documentation, Procedures and Operations, organised by Facs World at Carlton Hotel. Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, oiganised by Facs World at Carlton Hotel. Sept 14-18: Japan International Aerospace Exhibition, Tokyo, Japan. COURSES July 22-Aug
      1,552 words
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      Page 29 Advertisements Column 3
      1326 29 momssasm TWO SAILINGS PER WEEK TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/SOUTHAMPTON 16 DAYS Vmmi Voy ETA I ETD 'Port 'Penanfl 1 DESTINATIONS Singapore Kaiang TNe WM LOU. Mm* 9108 |Q JQ Cf3^- 1^7°236« H H«S M Pfc o OAK LOB HOU MEM ATI MIA CHS BAL PHI NYC MON TOR
      1,326 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1053 30 ~~1 ROTTEDAM/1 'J. VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE KURAMA 11/128 17/7 8/8 6/8 5/8 FRANKFURT EXPRESS 57/328 21/7 7/8 9/8 12/8 13/8 T^Ly^. TOKIO EXPRESS 01/129 25/7 15/8 13/8 2/8 1. KAMAKURA 18/329 27/7 14/8 18/8 19/8 KttAIW^PBWWCA KASUGA 18/130 1/8 22/8 20/8 19 8 yiKuBN,
      1,053 words
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      Page 30 Advertisements Column 2
      633 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. BONTANG 2404E8 1/8 16/8 19/8 24/8 i ALSO ACCEPTORS CARGO VM SUVA TO: LAUTOKA, PAGO PAGO. APIA I NUKUALOAf A DIRECT CHILE SERVICE SIN lOQ ANF VAP CLX STO (PERU) L. J. BONTANG 2404E8 1/8 7/9 8/9 13/9 14/9 11/9
      633 words
    • Advertisement
      Page 30 Advertisements Column 3
      1544 30 ESlvmmmbba &tmm. Wyßi REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSt/VOY SM AL6 BCL HAM BR£ ROT ANT FEL LHA (VM (MA (VM ALB) HAM) ROT) NORASIA AL-MANSOORAH 9119-3 19/07 U/M 13/ OS 15/08 IS/OS 17/01 11/01 19/01 20/08 ARABIAN SEA 120W 26/07 IS/OS 19/08 22/01 23/0S 24/08 25/08
      1,544 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2120 31 SsSteamers Maritime Holdings Ltdj p£n ■TMSTRAITS SHIPPING! wvr F* f 3 nnmri ta BrwMl. East Malaysia, I Containers mJm J I fey Na +P««/+Pu|Spor» Mf Sou AM I LAURA MtfttK JIM 13/07 IS/07 17/07 01/00 04/00 05/00 07/00 MjCBPTJ IM MIS M ORKNTAL BAY 0540 13/07 15/07 20/07 00/00 00/00
      2,120 words
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      Page 31 Advertisements Column 2
      1497 31 TO: U.S.A./PANAMA U.S.AJPANAMA %"„z m m ±„h. a *> I*' 70/7 14/1 li/| a/t 30/1 Jl/I 1/9 3/9 nMKM HNATO4 1.A123 12/. 14/t 14/4 21/4 1/7 2»/7 inn nn u J w/i chota* raomn ««im i»/« n/« 7/7 *n 2 l/t M I M/a 13/9 14/* IS/* 17/* DM OMUND
      1,497 words
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      Page 31 Advertisements Column 3
      470 31 nTWUTS^*PWI^TWWTntt*ICn I SPECIALIST IN RO-RO HEAVY LIFTS I 11vessel voy |sp [S [iuc |kk IJ nuns mjto 15 a# Wn II m mees 1 Wrr On I Ihb muu ~i ~vn I I CMAtnoN nuca 15 a/7 I I coaac oMun« 1 "15/7 un I I OftANGE MOON "is a/7
      470 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      525 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL/VOY IsrOK ROMI/UMI H'BWG BKMEN ANTWERP SWWUAYH/32W8 1-4/1 3/S J/9 12/ i 14/9 XUTM/23N8 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sut>|«ct to Inducement AI»o accepting cargo to Casablanca, Port Said. Port Aleisndiia. Ganoa, Trlaala. ALSO ACCEPTING BOTH
      525 words
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      Page 32 Advertisements Column 2
      942 32 I rift it I VC/ HANJIN SHIPPING I IS'portlLEH RTM ANR HAM BRV FEL ow I I HAN JIN VANCOUVER 005W 16/7 2/8 3/8 4/8 4 8 5/8 6/8 HANJIN wEJic 03(J 26/7 SECT 12/1 15/« HAMJIM LEHAVRE 013W 22/7 9/8 10/8 11/8 11/8 12/8 13/8 "J"« 31/7 DIRECT 21/1
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      Page 32 Advertisements Column 3
      68 32 VW ASA. EIIKVC. NORTH SOUTH mshca. PACK MC NXAN OCEAN VESSELS AVAILABLE FOR SALE/CHARTER/TRANSHIPM^NT 'SONO twao" —mo cm MMMmnKomN Jl/7/»1 I -A VCMEL- MADHA4/CALCUTTA/CHTTTAQOMO/RAMOOON "AAROM r- KNH *^7/»1 "A VCSBCL' COLOMBO/DUBAI/DAAMAAN/KIfWAfT -A V«L- JEOO AH/HOOCO AM/ AO ABA IS/7/91 -a SCRAYA" -8M BATAM WEEKLY SERVICES TMC SHIPPING/A AARON ORIENT LINES
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      Page 32 Advertisements Column 4
      1129 32 —k I J I-Tr 1 I I —T* FKI SOP *S KSC H. 6 FIB IKT OSX NET 96 TTO LAI CHS BM. NYC UW Mi KM TIT NK W OB IVL MP I E COUCH 031 17/7 11/7 8/7 HP */7 21/7 Jl/7 Z/l J/« 4/1 S/l l(/t 2S/S
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      1688 33 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS NEPTUNE LINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 VVf SERVICE -*****19 P^ U^EN J^ DEPT ■Ml AUST/INDIA/PAK SERVICE-*****18 CFS: K27 EXPORT *****5V*****04 FAR EAST SERVICE -*****48 CFS: K27 IMPORT .*****69^*****50 K.L.-{O3) *****33, P. Kelang-403) *****87, Penang-{O4)
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      Page 33 Advertisements Column 2
      1060 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD IBM#%II1 ire C 0I 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 FULL CONTAINERSHIP SERVICES EJOTffIWD—OCCHMCTC WESTBOIH>—LOHOWS TOMUIWO >UI IHQMj ctu ww jm ku |w wr \m Iwa
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      Page 34 Advertisements Column 1
      1535 34 K" W M AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) V W -m. V TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 I IVT 14 MALAYSIA: *K" LINE MARITIME (MALAYSIA) SON BHD lv M WrJ TEL PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI RISEN KAISHA, LTD NUONESIA:
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      Page 34 Advertisements Column 2
      1164 34 ftrt PHIII-OM€NT UN€S PT€ LTD 108 ROBINSON ROAD #07-00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA W WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION B iW W jrJUIMONTREAnTTAWMORONT^^^^^^^ VANCOUVER, SWESTERN ONTARIO. 26 JUL DUBAI,
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      1452 35 pacific international lines (pte> ltd SggggM Hi PIL Buikttnq, 140 Cecil Street #0300, Singapore 0106. JAKARTA I BANGKOK "1 111 VESSEL VOY SIN JKT SIN IJ7J I EDEN 281 11/7 18/7 23/7 VESSEL VOY SIN M(K SIN I lOUATM Hll «,L ,1,7 KOTA PANJANO 81*1 17/7 IS/7 S4/7 I Liilnl
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      Page 35 Advertisements Column 2
      945 35 benTjne containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint lljA 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 NedHoyd 238 16/7 31/7 1/8 3/8 4/6 City of Edinburgh* 236 20/7 10/8
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      Page 35 Advertisements Column 3
      422 35 M MYANMA FIVE STAR UWE (Myanmar National Una) Loading for Yangon (Rangoon) Sport P.KI| P«fl P6d| MYOMA TWA VI36W In Pt PATHEM ¥***** to P« SAGAMG Y24W 11/24 M HPA-AN VI 64*1 14/11 M PAGAN VI72W 22/25 Jul THE BANK UNI (A t*rvlc« o« Andrew W»lr Shipping) VI SEMI-CONTAINER SERVICE
      422 words
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      Page 38 Advertisements Column 1
      708 38 I TO AUSTRALIA/NEW ZEALAND I [w[ |7^ [55 |i^~7*dT [wi |p CHALK HI ORB 274 22/7 »77 «7i i/i~ 11/» MARINA I 275 12/» 18/8 22/1 27/» Jl/« J* ulen hum rt*~ 23/ a liTi 575 .5! MIUB. 277 (/I 14/9 20/» 2J/» 2»/» JO/S 1/18 TO USA/CANADA m H.
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      Page 38 Advertisements Column 2
      737 38 PORTS TO HONGKONG, TAIWAN t JAPAN "TWICE iEEKLT" MALACCA STRAITS FEEDER SERVICE MTBOUNO VOY PKL PNG JKT |«N HK6 KAO KK TVO SMZ HCO KOB WSSEL VOT |«N [HO. PMC B.W W ICX fwm 168 *12.7 12.7~ 11.7 20.7 22.7 26 7 27.7 27.7 217 WW 14A 17.7 18.7 117
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      Page 38 Advertisements Column 3
      188 38 ¥pTf per" jsahaan PELAYARAN& I W KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/T6. PRIOK Vessel ETA/ETD DESTMATKM I MAGA 42 Voy 11/91 16/17 Jul Jafcarta/Patemtoanf I MAGA XXI Voy 16/91 18/19 Jul Jakarta/Patembanf NIAGA XXI Voy 16/91 22/23 Jul Jakarta/Palombanc j l NIAGA 42 Voy 12/91 25/26 Jul Jakarta/Pakmbanf I NIAGA
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      Page 38 Advertisements Column 4
      1560 38 Isa t S* i 6 -A- Y S? CHINA OCEAN SHIPPING COMPANY I; PULL CONTAINER LINER SERVICE Ii MALAYSIA! agents SINGAPORE'S GENERAL AGENTS Errni nfiilPlfTßA I: CHUNG CHWO SHPPWGJ SDN BH> COSTAR SHIPPING PTE LTD MARmME I KL TIL 4429M1/t7 FAI *****92. ***** tti *****00/*****33 mi 704 I f. RUM
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      Page 39 Advertisements Column 1
      737 39 I KEELUNG/KAOHSUNG 11.7.91 HONG KONG 12.7.91 BUSAN 14.7.91 BANGKOK 13.7.91 EUROPE 14.7.91 TOKYO/KOBE/YQKOHAMA 14.7.91 USA 15.7.91 AUCKLAND 21.7.91 FREMANTLE 16.7.91 SYDNEY/MELBOURNE 15.7.91 V- FOR BOOKING PLEASE CALL AT OUR HOTLINE i 538-0155 (8 LINEB) FAX: *****92 PLEASE CONTACT CAME TAN, KATHLYN TAV, SOPHIA »AV OH KAgEHjjM I •t I I
      737 words
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      Page 39 Advertisements Column 2
      448 39 Sfil RICHFIELD MARINE AGENCIES (3) PTE LTD Sa TEL: *****33 (12 Llnoa) m FAX: *****15/*****03 j TELEX: RS ***** RIBHIP (3 Llnas) \W\ ETHIOPIAN SHIPPING LINES r J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FOR SPORE ANDINET 24wi IS/06 DARESSALAAM. MOMBASA. DJIBOUTI ASSAB. MASSAWA
      448 words
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      Page 39 Advertisements Column 3
      1166 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA STORE Wd! KQANG PQMM BLUE MUX 15/7 11/7 (liHMt) 10/7 loading tor Male RUVAI HUDHU 20/7 loading lor Calcutta OOtfWI J/7 7/7 loMtni For Male note* sumac m Pt io/7 loading For Male DONAHUE* 15/7 loaded For Feliwaru noons
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      Page 39 Advertisements Column 4
      355 39 [©SffISTMMK VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SM MM SW TIGER STAR 166N 17-IS/07 24-26/07 01-Oi/M TIGER MY 167 M 24-24/07 31-02/00 07-00/00 VSL VOY SMQAPORE/CALCUTT A/SMQAPORE VESSEL VOY SM CM. SIN TIGER RIVER 133CN8 18-17/07 23-20/07 01-02/00 LHOTSE 405 21-22/07 27-31/07 00-07/00 EAGLE BREEZE 20-29/07 03-05/00 11-12/00 VSL
      355 words
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      Page 40 Advertisements Column 1
      1030 40 §£SMAC-nels S'PORE I PEHANG: (04)*****6 J. BAHRU: (07)*****2 KK: (088)*****0 P KELANG'(O3) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 PEN PK SIN Colombo 21 22/7 23/7 19/7 20/7 21/7 Ldn/FI«/Rdm/Ant Dwban/Pt Louis 20/7 21/7 22/7 21/7 22/7 23/7 Gothonburg/Stockhotm/Oslo 18/7 19/7 23/7 24/7 25/7 Fromantlo 4FWBwwN/MAWIiUA J 20/7
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      Page 40 Advertisements Column 2
      362 40 jjtafc BLUE STAR LME SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINQB DISCHARGING AT NEW PLYMOUTH L PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SM N. PIT AUCK LVT MANDAMA OCOO 23 M 1 Auf Via
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      Page 40 Advertisements Column 3
      1144 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE (MX TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO ccmymmcMALJcoHTHmti i^xomtainm SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA KSKL |WT [ETA IKST ttSttL WT SPBt£ t. WBJM KIM SOON
      1,144 words
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      Page 41 Advertisements Column 1
      717 41 xBQL de vapores "PERUVIAN STATE LINE" ACCEPTWG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARAN, 10* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE OH CPV THROUGH BILL Of LADING. Pmmc* f. Kttani Seaport KMMLEVERETT M/ 17 M 11/19 M TMOMASEWRETT 22/25 M KMAWVERETT M/ 31 M 01/03 Wgk "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 41 Advertisements Column 2
      517 41 vst Ivoy Ispore [MAwmga |la» Ikst [saw Inyc I*i ZM UIXJMMU 171 17/7 m CANADA 11/» 20/1 23/1 25/4 OM SMGAPORf 40E 2S/7 DM ITALIA 27/» S/9 10/J 12/* ZM YOKOHAMA 1(£ 29/7 ZM ITALIA 27/1 3/1 1/9 IJ/9 12/' ZM TRRTE 1311 1/1 2M KOMA J/J 14/1 17/9 11/1
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      Page 41 Advertisements Column 3
      611 41 VVA MULTI-MODE SHIPPIM6 PTE LTD MIDDLE-EAST/PERSIAN GULF ACCEPTINO FCL/LCL DUBAI DAMMAN. SHARIAH. DOHA. MUSCAT. BAHRAIN ABU DHABI. BANDAR ABBAS. lEDOAH FAR EAST ACCEPTINO FCL/LCL PENANG P/RELANG. JAKARTA. BANGKOK. HONG KONG. TAIWAN. JAPAN. MANILA. KOREA UK/EUROPE ACCEPTINO FCL/LCL LONDON FELIXSTOWE. LEEDS. TILBURY. ABEROtEN. LE HARVE. HAMBURG ROTTERDAM. ANTWEP. GOTHENBURG. COPENHAGEN t
      611 words
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      Page 41 Advertisements Column 4
      582 41 10k PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SSY PELOPOR 996 13/07 16/07 MELITA 19/91 16/07 19/07 PRASETIA 181 A 18/07 21/07 PELOPOR 997 20/07 23/07 MELITA 21/91 23/07 26/07 TANTO UTAMA 177 IN PT 15/07 TANTO UTAMA 179 21/07 24/07 TANTO UTAMA
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      Page 41 Advertisements Column 5
      372 41 SM fMI EAST 21/7 KEELUNG/KAOHSIUNG 21/7 BANGKOK 20/7 MANILA/CEBU 20/7 JAKARTA/BELAWAN/SURABAYA 20/7 PORT KELANG/PENANG/E. Malaysia 20/7 BUSAN 21/7 TOKYO/YOKO/KOBE/NGO/OSA 22/7 HONG KONG SjN CHIPU 22/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUIOPt/UK 22/7 LDN/FLX/LVP/SOU 22/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumanta/Poland/Bulgaria/Czech. SjN USA/CAMP* 18/7 LOS
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      Page 42 Advertisements Column 1
      827 42 FIL Container Services Pte Ltd I TOTAL SERVICES NVOCC MADRAS CALCUTTA "VBL VOY 81MOAPOWE/M APRAS/ BING APORE VBL VOY SIWQAPORE/CALCUTTA/SIHQAPOBC urctri MO* SW MM SM VESSEL VOY SM CM. SIN T../.7 IJ.H/11 14-26/07 01-01/W 21-22/07 21-30/07 05-05/01 21-22/07 27-31/07 06-07/08 7500 A Buck Road #15-321/322 Tlw Plaza Singaporo 0719 ToltphoM:
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      Page 42 Advertisements Column 2
      546 42 SFTH SHIPPING CORP. SDN BHD (JBw PT Hum TEL H HflX/ KMK TEL: 04 M2MI SUA* TEL vTfT SIUI TEL' OM-3IUZ2 T»«AU TEL mriW% KK TEL MMttMO KIICH TEL: N2-*****3 M'SIA TO USA/CANADA CONTAINER SERVICE fgK» nor I ftw Im \m u/u| kst wtc 8 SEROIA 775S 4/7 wi H/»
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      Page 42 Advertisements Column 3
      439 42 7TPAAK-7/AfX-a/9 PENANG KL: allieo-LINK SINGAPORE: 04-*****2 *****8955 778 6522(22 lines) TO Marina Of»Q Susan Ng/PMIIp Km lr*n* Cheng/Esther Yap PLATOU PACIFIC I V I SHIPPING SERVICES V—REGULAR PAR EAST N. AMERICA BREAK BULK OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: 73*3969 hansa clipper RIGA V.028 AMETHYST 8.030 SINGAPORE 15/07 05/08
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      Page 42 Advertisements Column 4
      380 42 1 MANILA ETA VIGOUR SINGAPORE 4NB 13/7 VIGOUR PACIFIC 41NB 20/7 BANGKOK 19/7 26/7 BUSAN 23/7 28/7 HONGKONG 23/7 28/7 DURBAN/PT LOUS 26/7 3/8 KEELUNG 14/7 21/7 USA 15/7 22/7 PT KELANG 19/7 26/7 KOBE 17/7 21/7 PIRAEUS 25/7 8/8 OSAKA 17/7 24/7 JAKARTA 15/7 18/7 SURABAYA 15/7 19/7 CHINESE-POLISH
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      Page 43 Advertisements Column 1
      331 43 Oc vO c vO c vO c vO c vC >c Oc U VAN OMMEREN CETECO GROUP U > TRANSPORT DIVISION > U VOTAINER CONSOLIDATION SERVICES: Pi THE ONLY CONSOLIDATOR WITH WORIDWIDE NETWORK n \J Weekly FCIACL Services To/From > USA EUROPE FAR EAST > Baltimore Volainer Consolidation Services Hamburg:
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      Page 43 Advertisements Column 2
      628 43 MORE FREQUENT FLIGHTS WORLDWIDE NEW ZEALAND/FUI ~~1 VESSEL Jkt P-Kg f« *Bkk Sin SDaya Auckland Fiji(A) Nftynwith(A) Timaro lytteft«n(B) Oumdki(B) Nap* W«tofton(C) T**ifi N Rotterdam/9117 20/7 22/7 22/7 22/7 24/7 27/7 9/8 21/8 11/8 12/8 13/8 13/8 14/8 14/8 16/8 N Rosark>/9118 29/7 1/8 1/8 1/8 2/8 5/8 19/8 28/8
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      291 43 TIDES AND WEATHER TODAY'S TOES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 ****************************************1900 2000 2100 2200 2300 JR 3.1 14 3.3 2.9 2.2 1.5 0.9 05 0.3 03 0.5 1.1 1.8 13 2.5 25 2.3 1.7 1.2 0.9 0.7 OJ LI 1.7 Pf> 31
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      Page 44 Advertisements Column 1
      808 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MAWNE CO. LTD. EABTBOUND FEEDER TO PACIFIC BQUTH-WEBT TO PACIFIC NOWTH-WEBT rno wt ob w pir~ mmn wr UH OM «A HE HAH *>T tcm/» m BAN mi 213 Oil 14/17 IS/C 7 17/17 H. EXPLORER 41£ 12/01 15/01 11/01 fiOUW GATI
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      Page 44 Advertisements Column 2
      152 44 PASR GUOANGfSMGAPORE TWICE WEEKLY SAUNQS (TUE SAT) VESSEL TOY P.SUDANS S PORE IOSWOO SATU 016S 15/7 16/7 017S 19/7 20/7 01SS 22/7 23/7 019$ 26/7 27/7 020S 29/7 30/7 021S 02/6 03/8 rasirgudang swgapore (DT) *****0/*****1 (08)534-0048 SSSSS 5 Ti A m mm r»/ DAMAR SEGARA AGUNQ LINES VESSEL VOY
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      Page 44 Advertisements Column 3
      411 44 ICHARTPOINT Every Saturday in Business Times EXPORTTO^^^^^ UK/CONTNENT (TRIO) Irroc inv kmc ran if* Km OK omen tuw 11n i/» an n 1111 IMA 19/177 11/7 11/7 M /I !-L" n BftllSH nuumn 11/ia ii/ 7 «2 1 1 l 1 1 T i-**" 1 nUUKFUIT QMS 57/121 n/7 7/1
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