The Business Times, 18 July 1991

Microfilm: NL17606
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 16/12/90 Thursday, July 18, 1991 75"
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  • NEWS SUMMARY
    • Article
      EC plans to open the skies for free competition
      56 1 BRUSSELS The European Commission unveiled yesterday radical plans to open the European Community's skies to free competition. The proposals form the third and final phase of a process launched in 1987 to strip the community's heavily protected air transport sector of
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    • Article
      Rise in South Korea's foreign investment
      73 1 SEOUL Direct foreign investment in South Korea increased in the first half of this year, the first upturn in two years, officials said yesterday. The Finance Ministry said foreign investment in JanuaryJune increased to US$4B3 million (SSB2I million) for 150 projects on an approval
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    • Article
      Centre going places
      27 1 THE Service Quality Centre, SlA's joint venture with the National Productivity Board, is looking to setting up in the region and beyond Page 2
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    • Article
      Anand's visit doubtful
      30 1 A SEPTEMBER visit to Tokyo by Thai Prime Minister Anand Panyarachun may have to be postponed because of Japanese counterpart Toshiki Kaifu's pressing domestic agenda Page 8
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    • Article
      Rates expected to fall
      34 1 THAI Finance Minister Suthee Singhasaneh has forecast that interest rates will trend down and there will be a revival of economic activity towards the end of this year Page 8
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    • Article
      Mixed performance
      27 1 THE CANADIAN government has reported mixed economic results, suggesting the country may still have a long haul before it gets out of recession Page 8
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    • Article
      Profitable Phoenix
      19 1 HOTEL PHOENIX'S loyalty to its Asean market has paid ofT handsomely for the fourstar establishment Page 13
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    • Article
      Monster mash
      25 1 THE CAREER of Terminator 2 star Linda Hamilton has basically been a a monster mash of bad movies and ridiculous notions Page 17
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    • Article
      Interest in container
      31 1 MALAYSIAN companies are showing interest in a collapsible container invented by an Australian company, a project which some Singapore companies rejected earlier this year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      36 1 WALL STREET showed some scattered gains early yesterday as traders studied the latest data on inflation. The Dow Jones average of 30 industrials rose 5.37 points to 2,989.27 in the first hour of trading.
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    • Article
      Footsie lower
      36 1 LONDON share prices were lower at midday yesterday, hit by a lack of investor interest. At about 1115 GMT, the broad-based FTSE 100-Share Index was down 8.8 points, or 0.34 per cent, at 2,548.0.
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    • Article
      Aokam in properties
      29 1 AOKAM TIN Bhd, which recently diversified into timber processing, has now moved into properties with its purchase of the Amoda Building in Kuala Lumpur Page 3
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    • Article
      Approval in sight
      29 1 IN-PRINCIPLE approval is said to have been given for more SES listings Scotts Holdings for the main board and Stamford Tyres International for Scsdaq Page 3
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    • Article
      Slimmer chances
      26 1 SAL Industrial Leasing's overwhelming subscription rate of 106 times means slimmer chances for the smaller investors to get an allotment of shares Page 3
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    • Article
      Citicorp shows losses
      36 1 CITICORP reported a net loss of three US cents a share in the second quarter and cited a loss on the sale of an Ambac Inc stake and continued credit problems Page 6
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    • Article, Illustration
      STOCK INDICES
      33 1 Wednesda* Change BT-MGA 698.10 -4.67 Kuala Lumpur ...586.42 -8 86 Tokyo 23.060.70 -314 45 Hongkong 3,962 46 -35.21 Sydney 1.542.2 +1.0 I uesda> Change New York 2.983.90 -6.71 London 2.556.8 +24.3
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7520 100 Yen SS 1.2770 MS SS 0.6289 Money market rates Overnight 3-1/2 +1 3-month 5-5/8% -3/16
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    • Article
      COMMODITIES
      37 1 London GoM AM fix USS369.20 +USS0.70 Rubber S'poreAug... 143.00*/kg -0.25 M'sia Aug 228.50*/kg -0.50 KL Tin Turnover 15 tonnes -16 Spot MS 15.39 /kg unch Crude palm oil Turnover 1,494 lots -437 Aug MS822 /tonne unch
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  • Article
    S'pore wage costs still competitive: US report
    504 1  -  But edge over NIEs threatened by strong S$ By Anna Teo IN SPITE of rising wages and an appreciating Singapore dollar, the Republic's workers cost less than their South Korean or Taiwanese counterparts last year. At US$3.7B (556.62) an hour, Singapore manufacturing wages
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  • Article
    NPB takes issue with finding on wage rises
    449 1  -  By Kenneth James THE National Productivity Board (NPB), taking issue with a recent study, has told labour leaders it is necessary for wage growth in Singapore to lag behind productivity growth "in the years ahead". The National Trades Union Congress (NTUC) had
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  • Article, Illustration
    Plan to arrest Robert Ng was dropped, HK court told
    412 1  -  From Catherine Ong in HONGKONG A PLAN to arrest a prominent businessman involved in a HKSI billion (*****.9 million) loss during the 1987 collapse of the Hongkong futures market was suddenly dropped, the High Court was told yesterday. The businessman
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  • Article
    Marina Village: more debt claims
    228 1  -  By Dawn Tan MARINA VILLAGE International, flagship of developer Khamani khamis, has been slapped with yet more payment demands from its trade creditors. The Moroccan businessman, who is already in arrears with his bankers, has also been late in paying various suppliers involved in equipping
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  • Article
    Gorbachev, Bush agree on START
    328 1 G-7 Economic Summit LONDON Mikhail Gorbachev and George Bush agreed in principle on a treaty cutting strategic nuclear warheads on Wednesday as the Soviet leader wrote history by joining talks with the Group of Seven nations. After lunch with the US President, just before that
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  • Article
    Lock icon New pact for US bases in Philippines
    248 1 Reuter MANILA The US and the Philippines yesterday ended 14 months of arduous talks with an agreement on a new bases treaty that will ensure an American military presence in its former colony into the 21st century. A joint press statement said US
    Reuter  -  248 words
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      282 1 Cassette Receivef C Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone 235 1333 Kuala Lumper Phone 757 0233 j Penang Phone 615 985/619 014 Jakarta Phone 374 085/380 1472 Ad Marketing 13 KLSE 21 Unit Trusts -19 Aircraft Schedule 27 Money Changer Rates 27 Weather 27 Commodities 26
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      Page 1 Advertisements Column 2
      131 1 Rodenstoch Privatisation in Singapore revisited, Pg 11 Far Eastern investors feel pull of Americas, Pg 14 BJ BRUNO MAGLI J l m Ifm ngmg yi¥n J— MY BRUNO MAGLI COLLECTION Sole Agent: Marlex Marketing 1"le lirl Tel 7 W fax 737 6892 Boutiques: Centrepomt #01 k) lei 737 4504 Forum
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      Page 1 Advertisements Column 3
      4 1 More reports, Pg 8
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Police arrest two Hongkong women
        98 2 TWO Hongkong women have been arrested at Changi Airport with 9.5 kg of heroin, the largest seizure by airport officials. Customs officials said they found the drugs on Tuesday in 24 slabs in powder form, hidden in the bottom layers of two bags carried by
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      • Article
        Tickets for National Day
        46 2 TICKETS for this year's National Day Parade and Preview (on July 27) will be available on Sunday, July 21. The tickets will be distributed from Bam at the National Stadium, Bedok Stadium. Jurong Stadium, Toa Payoh Stadium, and Yio Chu Kang Stadium.
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      • Article
        Get in the swim
        87 2 TO CREATE an awareness for physical fitness and a healthy lifestyle, the Singapore Sports Council is once again organising the National Swim on Saturday, July 20, at 2.00pm. This event will be held at 18 SSC swimming complexes around the island. Participants who complete 500 metres
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      • Article
        Corrections and clarifications
        70 2 IN BT's July 13 article 'Jakarta's Bakrie group raising US$l73 million loan', it was reported that the terms of the loan include a put option under which the banks can seek repayment from Freeport Indonesia in case of a default. Chemical Bank has since clarified that any
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    • Article
      SQ Centre set to take flight with service courses
      425 2  -  Training programme features bootcamp By Anna Teo HAVING begun to spread its brand of quality service to other Singapore companies, Singapore Airlines now intends to take it overseas. The Service Quality Centre, SlA's joint venture with the National Productivity Board, is
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    • Article
      What sets superior quality service apart
      279 2  -  By Schutz Lee IT IS the attention to details taking pains to cultivate an atmosphere comfortable for customers which sets superior service quality apart and ensures repeat visits, according to Deputy Prime Minister Brigadier-General (Res) Lee Hsien Loong. As Singapore becomes more affluent, service
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    • Article
      Ministry working on options for Afta
      123 2 THE Minister for Trade and Industry Brigadier-General (Res) Lee Hsien Loong said that his ministry is working out some options on the proposed Asean Free Trade Area in preparation for the Asean summit in January. BG Lee, also Deputy PM, was speaking after the
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    • Article
      Bids for duty-free outlets at cruise centre
      260 2  -  By Hong Lee Tiam SCOTTS-WEITNAUER Retailing is challenging the virtual monopoly of the Sade-DFS partnership again by submitting the highest bid for the three liquor and tobacco duty-free shops at the Singapore Cruise Centre. The vendor, the Port of Singapore Authority, released the
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    • Article, Illustration
      Meiji Seika aims to double turnover with $10m extension factory
      357 2  -  By Bryan Virasami LEADING Japanese confectioner Meiji Seika yesterday opened a $10 million extension factory which is expected to double its annual turnover from the current $34 million to $70 million within the next five years. The new building in
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      173 2 n Elf i w* H 11 B SB|m J&L ■fflipl^^^^ Entertaining on a Classit Luxury Yaeht is a Privilege Limited to the Very Few. Now you can be one of them. 1 j*V e Grand Ba your company acquires M i a mobile hospitality suite in the best of classical
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      Page 2 Advertisements Column 2
      80 2 Pr li^ > ml^ LTCB opens doors to a world of financial possibilities. We know whats going on in your industry and ours. Our influential, independent position in global finance makes us a prime source of information as well as funding for your ventures. Money isn't everything...especially in finance. Sometimes
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Aokam pays M$88m for office complex in KL
      486 3  -  Amoda Building located in prime Golden Triangle district By William Chia AOKAM TIN Bhd, which recently diversified into timber processing, has now moved into properties with its purchase of the Amoda Building in Kuala Lumpur for MsBB million (5555.4 million). Aokam, in
      486 words
    • Article
      Slimmer chances for small investors
      359 3  -  Balloting of SAL shares By Chew Eng Han SAL Industrial Leasing's overwhelming subscription rate of 106 times has meant slimmer chances for smaller investors to get an allotment of shares. Only one out of 10 investors who applied for one lot will be successful. This
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    • Article
      Lock icon IGB said to have dropped bid for MUI
      397 3 Reuter KUALA LUMPUR Malaysian property giant IGB Corp and a businessman linked to the ruling Umno party have dropped a takeover bid for diversified Malayan United Industries Bhd (MUI), banking sources said. "The bid took an ugly political turn. It was becoming
      Reuter  -  397 words
    • Article
      IGB, MUI: who's fooling who?
      856 3  -  THE HOCK LOCK SIEW COLUMN By Salil Tripathi DOLPHINS MAY be intelligent but they cannot swallow whales. The ongoing soap opera involving two premier Chinese conglomerates in Malaysia IGB and MUI reinforces that as IGB reportedly walked awav with a potential profit of Ms6o million
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    • Article
      Two firms given in-principle approval for listing
      348 3  -  By Conrad Raj IN-PRINCIPLE approval is said to have been given for more listings on the Stock Exchange of Singapore Scotts Holdings for the main board and Stamford Tyres International for Sesdaq. Scotts is the developer of Scotts Shopping Centre, which also houses
      348 words
    • Article
      Lock icon Bank Bumiputra reiterates its stand
      362 3 Agencies KUALA LUMPUR Bank Bumiputra Malaysia Bhd yesterday reiterated that the trading irregularities at its stockbroking arm. BBMB Securities Sdn Bhd. occurred between September 1989 and March 1990. In a three-sentence statement here, BBMB said the new BBMB management took over the helm on April
      Agencies  -  362 words
    • COMPANY BRIEFS
      • Article
        CSM to develop Klang Valley properties
        56 3 KUALA LUMPUR Cold Storage (Malaysia) Bhd (CSM) has plans to develop "some bits of propertv" in the KJang Valley, managing director James Richard Alastair Walker said yesterday. He said some of the properties identified would be developed within this year. "The group would also
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      • Article
        Meeting of Bangkok, KL bourses
        72 3 K r U -A L M om cials from the Stock Exchange i n and the Kuala Lumpur Stock Exchange (KLSE) will meet at the KLSE tomorrow to discuss items of mutual interest. This annual exercise is held in each country by rotation and aims
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      • Article
        Polytek directors raise stakes
        51 3 POLYTEK WEARNES Holdings directors Messrs Sze Chin Chiu and Raymond Sze Yung have increased their shareholdings in the company. Mr Sze bought 2,000 shares on July 16, increasing his stake to 346,000 shares. Mr Yung 15.()00 shares on the same day, raising his holdings to 65.000
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      • Article
        Tradewinds boosts capital
        30 3 SIA INCREASED its stake in wholly-owned subsidiary Tradewinds Private Ltd on July 15. The paid-up capital of Tradewinds has now grown by $3 million to $23 million.
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      • Article
        Pan Pacific in language venture
        69 3 PAN PACIFIC Publications Ltd (PPP) has entered into a joint venture with Linguaphone Institute Limited (LIL) to market a new self-study language learning product. LIL will hold 25 per cent and PPP 51 per cent in the company Linguapac Distributors Pte Ltd (LDP). The managing
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      Page 3 Advertisements Column 1
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  • REGIONAL / INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Philippines to auction 40pc of Manila Hotel
        84 4 MANILA The Philippine state pension fund is selling otT 40 per cent of the historic Manila Hotel for a minimum of 400 million pesos (Ss2s million) in September, it was announced here yesterday. The Government Service Insurance System said that foreigners were welcome
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      • Article
        Bakrie to buy into mining group
        81 4 JAKARTA Freeport-McMoßan Inc's Indonesian subsidiary said it plans to sell a 10 per cent stake for US$2l3 million (***** million) to Bakrie Brothers, a local conglomerate. Freeport vice-chairman Louis Clinton said he expected the sale to take place before the company's new contract is
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      • Article
        Difficult year for Goodrich
        63 4 Ohio BF Goodrich Co said it expects difficult conditions for the rest of the year. "Recessionary 'Conditions in most major markets continued to hamper our J>erformance," chairman John Ong said. "We are beginning to see some improvement in each of our three business segments, but we
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      • Article
        Marubeni-Thai rubber venture
        63 4 TOKYO Marubeni Corp, a leading Japanese trading firm, -said on Tuesday that it had set up a joint venture with Thai XJnion Rubber Co for natural rubber processing in Thailand. ♦The joint venture, Unimac Rubber Co, capitalised at 70 I -million baht (554.7 million), is 60 per
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      • Article
        Hoogovens sees higher output
        94 4 IJMUIDEN, Netherlands Steel and aluminium maker Koninklijke Nederlandsche Hoogovens en Staalfabrieken NV said it expects its 1991 volume of output to be slightly higher than in 1990. In its 1990 annual report published in April, the firm saw 1991 output to be "a couple of per
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      • Article
        Simsmetal float option
        47 4 AUCKLAND Carter Holt Harvey Ltd said it is considering both a public float and recapitalisation as alternatives to a straight sale of Australian recycling company Simsmetal Ltd. CHH executive chairman Richard Carter said that there had been a marked improvement in the investment environment.
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    • Article
      Lock icon Jakarta tightens rules on company disclosure
      354 4 Stricter guidelines for securities firms too AFP JAKARTA Indonesia yesterday issued new. tighter rulings on full disclosures for companies going public as it moves ahead in privatising the Jakarta Stock Exchange (JSE). The government's Stock Exchange Supervisory Agency (Bapepam) also introduced stricter guidelines for
      AFP  -  354 words
    • Article, Illustration
      Lock icon Packer to launch joint bid for Fairfax newspaper group
      339 4 Agencies SYDNEY Australia's richest man, publisher Kerry Packer, Fleet Street boss Conrad Black and US investment group Hellman and Friedman will launch a joint bid for the John Fairfax newspaper group, it was announced here on Tuesday. Brokerage firm Ord Minnett
      Agencies  -  339 words
    • Article
      Bank of Asia buys 10pc of resort project in Phang-nga
      498 4 BANGKOK The Bank of Asia (BOA) has agreed to take up a 10 per cent share of Piyalai Holding Ltd. the company which plans to develop a four billion baht (***** million) resort hotel and golf course in the southern
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    • Article
      Lock icon Brent Walker debt deal hangs in the balance
      296 4 FT LONDON Three banks owed a total of just £1 million (552.88 million) by Brent Walker, the troubled UK leisure group, could force the company into receivership. One banker involved in plans to finalise a financial restructuring with the grog's 47 banks,
      FT  -  296 words
    • Article
      Lock icon Goodyear expects to return to the black this year
      350 4 Reuter •-AKRON, Ohio Goodyear •■fTire and Rubber Co chairInnan Stanley Gault said he •iiexpects Goodyear's net in•jcome for the second quarter I;of this year to fall within a *-range of 35 US cents (52 Sin- Igapore cents) to 40 US cents
      Reuter  -  350 words
    • Article, Illustration
      Lock icon Spiderman springs into action at NYSE
      155 4 Reuter NEW YORK Comic book hero Spiderman swooped down onto the floor of the New York Stock Exchange on Tuesday in a bid to turn his publisher Marvel Entertainment into a hot stock. To boost the initial stock ofTering of his parent company, the
      Reuter  -  155 words
    • Article, Illustration
      Lock icon Demerger of American interests preferred way to cut Maxwell debt: Walker
      408 4 Reuter LONDON Former chairman designate of Maxwell Communication Corp pic (MCC) Sir Peter Walker said a demerger of the group's North American interests is his preferred option to reduce MCC's debt to what he termed workable and sensible levels.
      Reuter  -  408 words
    • Article
      Lock icon Telecom shares, to be listed today, fixed at NZ$2 each
      411 4 Reuter WELLINGTON Shares in Telecom Corp of New Zealand Ltd, which will list on the New Zealand Stock Exchange today, have been fixed at NZ$2 (S$ 1.98) each, said the US owners Ameri- lech Corp and Bell Atlantic I Corp
      Reuter  -  411 words
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      39 4 3 DAYS DUBAI FR$l6lO 4 DAYS DUBAI FR$l69O 3 DAYS COLOMBO FR$BlB 5 DAYS COLOMBO FR$BBB PACKAGE PRICES INCLUDE: ACCOMMODATION IN 5 STAR HOTELHILTON, HYATT, LANKA OBEROI, TAJ, RAMADA RENAISSANCE. DAILY AMERICAN BREAKFAST TRANSFER AIRPORT-HOTEL- AIRPORT ARRANGEMENT OF VISA.
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      1134 5 ADVERTISEMENT CILC BRINGS STATE OF THE ART TO LOGISTICS MANAGEMENT region's cargo SB|tt|||j B k MLrj Logistics Centre (CILC) is a tre for «<tffjlsl» SIBf V dynamic new venture aimed 1H Singapore fekl the best in specialist Due to be fully operation- H s*» ivj j«Bßpg§& Vw* housing and global
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Merrill Lynch revenues Up in most operations
        69 6 NEW YORK Merrill Lynch and Co Inc said its second qtfhrter revenues were up significantly in "virtually all major onrating categories", compared to its 1990 second quarter. Prticipal transaction revenues rose 32 per cent to US$463 minion from a year ago. The company
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      • Article
        EC to check Lyonnais' investment
        96 6 BISJSSELS The European Commission said it would instigate Credit Lyonnais' 2.5 billion franc investment in Frtgnch state-owned steel group Usinor Sacilor SA if it found thttbank was acting on behalf of the government. A commisspokesman said the investment by state-owned bank Crfjdit Lyonnais could be
        96 words
      • Article
        First Fidelity cutting 650 jobs
        96 6 LAWRENCEVILLE. New Jersey First Fidelity Bancorporation said it would cut 650 jobs by the end of the year at its Toms River, NJ, unit, which formerly was the First National Bank of Toms River. First Fidelity said the first phase of the cuts would begin
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      • Article
        SecPac raises loan loss provisions
        54 6 V A- YORK Citing continued economic weakness in California, England and Australia, Security Pacific Corp added US$409.3 million to its loan loss provisions during the second quarter, up 155 per cent compared to a year ago and S 101.9 million more than its net credit
        54 words
    • Article
      Lock icon Bank of England given fraud warning nine months ago
      619 6 The BCCI crisis FT LONDON The Bank of England received a damning auditor's report on suspected frafcd and corrupt banking practices at BCCI in October 19< a full nine months befor it took action. lie report is understood to lave been
      FT  -  619 words
    • Article
      Lock icon Dutch bank plans to buy US thrift firm
      127 6 Reuter AMSTERDAM Dutch baw ABN AMRO Holding saja it plans to buy Talman H(4ne Federal Savings and l<"sn Association of the US fori price, inclusive of capital injection to Talman, of L'jfc-I.M) million (Ss73l milITiis will be effected partly through a placing
      Reuter  -  127 words
    • Article
      Lock icon Japan shelves plan to restrain dealings with yakuzas
      473 6 AP TOKYO The Finance Ministry has shelved plans to restrain stock brokerages from any transactions with underworld syndicates, leaving it to police to crack down on any illegal dealings, officials said yesterday. The ministry plans to issue a directive later this month
      AP  -  473 words
    • Article, Illustration
      Lock icon Citicorp posts net loss in second quarter
      618 6 Reuter NEW YORK Citicorp reported a net loss of three US cents a share in the second quarter and cited a loss on the sale of an Ambac Inc stake and continued credit problems. In the year-earlier second quarter, Citicorp earned 64 cents
      Reuter  -  618 words
    • Article
      Investment funds likely to be more competitive in the 1990s
      436 6  -  From Al O Labita in MANILA COMPETITION for investment funds is expected to be more intense in the 1990s due to heavy demands for capital in other parts of the world, a New York-based Filipina investment banker said yesterday. Speaking
      436 words
    • Article
      Telerate, Lotus introduce real time analysis system
      149 6  -  By Quak Hiang Whai SINGAPORE Telerate and Lotus Development Corporation yesterday unveiled a new real time service which allows financial professionals to analyse live market data within an integrated Lotus spreadsheet. In a statement yesterday, Telerate said Telerate Matrix service version 3.1 is
      149 words
    • Article
      Lock icon European and Asian banks among most profitable in Japan
      389 6 AFP TOKYO European banks i and their Asia-Pacific rivals dominated the list of the 20 most profitable foreign banks operating in Japan in the year to March, according to a survey released on Tuesday. The survey, published by the Nikkei Financial
      AFP  -  389 words
    • Article
      Bangkok bank plans to improve its efficiency
      260 6 'BANGKOK Bangkok J Metropolitan Bank, afters keeping a low profile for J years, has decided to be more J aggressive in its marketing 2 and is negotiating to sell forjrJ| million new shares to foreign investor, the Bangkok'm Post reported earlier thiara week.
      260 words
    • Article, Illustration
      Indian stockmarket headed for bull run
      400 6  -  New finance minister seeks to open the economy From Rajendra Bajpai in NEW DELHI BULLS are tightening their grip over the Indian stockmarket in the hopes that the economy will turn around shortly and that a boom is just around the corner. The basic
      400 words
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      Page 6 Advertisements Column 1
      42 6 [o First Interstate Bank of California Wl Effecttv© July 22nd, 1991 we are relocating our office premises to: 5 Shenton Way JjijJ #37-02 4 38-02 UIC Building K Singapore 0106 mJJm Telephone 227 2600 Telex RS ***** FICAL _Jc Facsimile 225 2650
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  • Page 7 Advertisements
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      134 7 m m U WM W M m ■■K> w (HHP SIH^IHHBHHBHHB The cream of the mighty Mercedes-Hertz S-class is also, and perhaps not to be unexpected, very rare The Aiercedes-Benz Golden (lassie keeps to the same grand tradition of the S-class which has served for years as invaluable chaperons to
      134 words
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  • THE REGION/THE WORLD
    • WORLD WATCH
      • Article
        Tokyo chamber sends economic team to Hanoi
        68 8 TOKYO The Tokyo Chamber of Commerce and Industry is to send a 35-member economic mission to Vietnam from July 23 to 31 in a bid to promote bilateral trade and investment in that country, officials said yesterday. The mission will hold talks in
        68 words
      • Article
        French inflation rate falls
        80 8 PARIS France's yearly inflation rate has fallen to 3.3 per cent, the first time since 1973 that the French rate has dropped below the German rate, the Economics Ministry said on Tuesday. According to provisional figures, the year-to-year inflation rate for France in June was 3.3
        80 words
      • Article
        Indon-Japan coal deal signed
        92 8 JAKARTA Indonesia and Japan signed an agreement on Tuesday for a US$B million (Ssl4 million) project to explore for coal in West Sumatra. The agreement was signed by Kosim Gandataruna, Indonesia's director general for general mining, and Motohiro Kurata, executive director of the Japanese International Trade
        92 words
      • Article
        Thais propose Asean trade zone
        88 8 KUALA LUMPUR Thailand is actively pursuing a consensus from five Asean members to establish an ambitious European Community-style "free trade zone" within the region by the turn of the century. According to a report in the Bangkok Post, Thai officials began work on Tuesday in
        88 words
      • Article
        Thai CPI up 6.1pc in June
        82 8 BANGKOK Consumer prices in Thailand rose 6.1 per cent in June compared to a year earlier, the Department of Business Economics reported yesterday. The consumer price index (CPI), calculated at a 1986 base of 100, registered 125.7 in June. That was a rise of
        82 words
      • Article
        KL, Jakarta to set up commission
        77 8 JAKARTA Malaysia and Indonesia are expected to sign a memorandum of understanding on territorial claims soon. Foreign Minister Ali Alatas said yesterday. The memorandum would provide, among other things, for the formation of a ministerial level joint commission to discuss various bilateral issues. The
        77 words
    • Article
      Lock icon Figures point to long haul to Canadian upturn
      210 8 AFP OTTAWA The Canadian government has reported mixed economic results, suggesting the country may still have a long haul before it gets out of recession. While the number of unemployed grew last month, the number of available jobs declined, according to Statistics
      AFP  -  210 words
    • Article, Illustration
      Lock icon No consensus on extent of aid for Moscow
      535 8 Group of Seven Economic Summit NYT LONDON Western leaders were still divided on just how far they would be willing to go to help Moscow on the eve of their potentially pivotal meeting with Soviet President Mikhail Gorbachev. The leaders of the
      NYT  -  535 words
    • Article, Illustration
      Lock icon Australian hotels reeling from shrinking market
      571 8 Reuter SYDNEY Tourists to Australia are sleeping soundly and cheaply in luxury hotel beds while managers and owners have nightmares over shrinking profits. It's cut-price time for visitors to the recession-hit country as five-star hotels with a glut of empty rooms do battle with
      Reuter  -  571 words
    • Article
      Lock icon West urged to help convert Soviet defence industry
      266 8 Reuter LONDON Soviet President Mikhail Gorbachev has invited Western companies to take part in a sweeping US$4O billion (Ss7o billion) programme to convert defence industries to civilian use. The letter also calls for massive investment to stabilise Soviet oil output, develop new
      Reuter  -  266 words
    • Article
      Lock icon Upturn likely to be slower than in 1982
      252 8 Reuter LONDON The Group of Seven (G-7) industrialised nations expects the rebound from the current recession to be weaker than the upturn from the 1981-82 economic downturn. "None of us believes that it is going to be as strong a recovery as
      Reuter  -  252 words
    • Article
      Lock icon Viet crude output up 25.7 pc in first half
      205 8 AFP HANOI Vietnam produced some 1.718 billion tonnes of crude oil in the first half of the year, up 25.7 per cent over the same period last year, the official Nhan Dan newspaper has reported. All the oil was produced by
      AFP  -  205 words
    • Article
      Thai PM may have to postpone Tokyo visit
      320 8  -  From Koichi Ishiyama in TOKYO A SEPTEMBER visit to Tokyo by Thai Prime Minister Anand Panyarachun may have to be postponed because of Japanese counterpart Toshiki Kaifu's pressing domestic agenda, Tokyo officials say. The Japanese Foreign Ministry has already received the Thai
      320 words
    • Article
      Thai minister sees lower interest rates by year-end
      381 8 BANGKOK Finance Minister Suthee Singhasaneh has forecast that interest rates will trend down and there will be a revival of economic activity towards the end of this year. In an interview with Business Post last week, Mr Suthee said liquidity in the
      381 words
    • Article
      Thai govt agencies say high-speed rail link not feasible
      297 8 BANGKOK A Thai-Ger-man joint proposal for construction of a high-speed train system between Bangkok and Rayong is hardly feasible in financial and marketing terms, according to the National Economic and Social Development Board and the Eastern Seaboard Development Committee. The Nation
      297 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      296 9 f mT?fy^r^>^jyjN'vJja JBBMW^W*BBSyWiWli^ft' flß'3t,R HPKfIRr 2|~! < _T' mhhhb .3I*IWP x i MilfKssh&?S '(Tr^flß^ Downsizing. It's the latest buzz word in the computer industry and Downsizing Seminar V Day 1 (25 July 1991) VX-.L,X.\J it will be all the talk on July 25th and 26th at the ALR Expo-9L xjjjji
      296 words
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  • Article
    Self-help: a broader view
    452 10 EDITORIAL SINGAPORE'S various communities have a long tradition of self-help, of looking after their own kin and kind. Generations of Chinese Singaporeans, for instance, have found support and succour in clan associations and other community organisations. Similarly for the Malay and Indian communities. The efforts now
    452 words
  • WHAT THE OTHERS SAY
    • Article
      Importance of being Asean
      219 10 IT IS TRUE that though Asean was set up in 1967 to facilitate both political and economic organisation in South-east Asia, its cutting edge had always been more political than economic. As Cambodia, with or without a resolution of the civil war, retreats from its pristine
      219 words
    • Article
      Chinese Mendaki
      166 10 RECENTLY, Prime Minister Goh Chok Tong commented on the need for a Chinese Mendaki. The only caveat is that this self-help approach may not include the government's assistance since many Chinese arc in a position to help members of their community. Certainly, this is a good idea. It
      166 words
    • Article
      International responsibility
      113 10 THE ANNOUNCEMENT that the Singapore Youth Corps will be formed next month is timely. Its mission is to send volunteers for overseas stints to help the less fortunate in other parts of the world. We feel that employers should sympathise with their employees who aspire to volunteer their
      113 words
  • REGIONAL VIEWPOINTS
    • Article
      Games for the masses
      170 10 THE 23-YEAR HISTORY of the Jakarta Fair at "Monas" (Merdeka) Square expired on Monday. The new Jakarta Fair is scheduled to open in 1992 at its new 44-hectare grounds at the old abandoned Kemayoran Airport. In the course of those 23 years, our impression has been
      170 words
    • Article
      Vicious circle intact
      180 10 UNLIKE in many other countries. Thai political parties are formed without any ideological distinction or clear-cut policy platform. All the parties support the existing constitutional monarchy, multiparty parliamentary system and capitalist market system with some government controls of the economy. There are no serious religious, racial or
      180 words
    • Article
      Orders from elsewhere?
      165 10 IF THE GOVERNMENT was hoping that barring 13 overseas student activists from a pro-democracy conference in Hongkong would quietly smother a potentially embarrassing incident with the mainland. it was hoping in vain. Instead of despatching with the least possible fuss what it probably saw as a group
      165 words
  • Article, Illustration
    Wei? Wei! WEI?!
    522 10  -  Stacey Marcus and Nuala Slansky caution against the cultural pitfalls in international telephone communication Stacey Marcus and Nuala Slansky The writers are lecturers at the Nanyang Technological University SINGAPORE has one of the highest densities of telephones per citizen in the world. In 1988, telephone density was
    522 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      89 10 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS #1 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      39 10 DOONESBURY BY GARRY TRUDEAU KXJREALLy THINK ABZOUMW. ITSUK3 IM MUZAK MU- DRIVE THOS6 SONIC THAT L I I kl/U fr- IJUMvV^ AJaJAV TH6DPUG (OORKONROD6NTS. MUZAK LT T LIIwHj. H llwl/Sl DeAL£FS, MlKe* Po£& THAT TO D6M3FS' I***' I"Y X^YIAJ*
      39 words
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  • ANALYSIS
    • Article
      Lock icon No laws to break in Japan's stock market scandal
      927 11  -  James Sterngold says the recent financial misdeeds in Tokyo underscore a lingering question: are Japan's financial markets ruled by law, or the whims of bureaucrats? James Sterngold NYT THE WORLD has grown so accustomed to Japan's peculiar way of dealing with
      NYT  -  927 words
    • Article, Illustration
      Waiting for the giants to come aboard
      1524 11  -  Loretta McLaughlan, enthusiastic about new entrants to the stock market, wonders why statutory boards earmarked for listing are dragging their feet Loretta McLaughlan AT LAST, new entrants are queuing up to go publie. After a lengthy famine, caused by uncertainty relating to the
      1,524 words
    • Article
      Communication — the key to successful privatisation
      243 11 Communication the key to successful privatisation THE MOST comprehensive programme of privatisations to date has been undertaken by the United Kingdom. There, great emphasis has been placed on building awareness of both the privatisation process and the company to be privatised. Public relations agents BursonMarstcller, who have experience of privatisation
      243 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      82 11 Book of the Month No wonder this Notebook is a best seller. High Performance 80C286 Processor (12/7.16/6 MHz) 20 MB Hard Disk Drive, 3.5" 1.44 MB FDD. Backlit Triple Supertwist LCD with VGA Emulation. Letter Size 279 x 216 x 46 mm (11" x 8.5" x 1.8"). SHARP CORPORATION JAPAN
      82 words
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  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      169 12 H H H M H H H K.^Ba Vi .^^B < jijT Not, we hasten to add, until the job was completed And that's not the limit of what we can do for you. It's not surprising that Pico'sstaff appreciated to everyones satisfaction. Kwei Fonti's rendition of '"Satisfaction" For instance,
      169 words
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  • ADVERTISING AND MARKETING
    • Article, Illustration
      Hotel Phoenix enjoys rewards of loyalty
      411 13  -  Occupancy rates at most hotels in Singapore may have fallen, but Hotel Phoenix is still sitting pretty along Orchard Road because it has concentrated on the Asean market. Hong Lee Tiam reports Hong Lee Tiam HOTFL Phoenix, a member of the OCBC banking group,
      411 words
    • Article, Illustration
      Stairway to a better tomorrow
      52 13 IF NOT FOR a sense of fair play, then for the tax deduction Leo Burnett's prize-winning appeal for buildings that welcome the handicapped. Done on behalf of client Reader's Digest, the advertisement picked up a silver medal at the International Print and Radio Festival in
      52 words
    • Article
      COPY LINES
      157 13 KODAK has set up a com- I puterised system to monitor i the quality of pictures pro- i cessed by photo-finishing outlets bearing its name. j What has been dubbed the Kodak Express Quality Monitoring System will check processing for colour and ensure that every print is on
      157 words
    • Article
      Lock icon Madison Ave to feel impact of bank merger
      246 13 NYT THE merger between Manufacturers Hanover Corp and Chemical Banking Corp is likely to have repercussions on Madison Avenue as well. Two large New Yorkbased advertising agencies McCann-Enekson New York and Delia Femina, McNamee Inc handle the bulk of the banks' ad
      NYT  -  246 words
    • Article
      Lock icon So, what is sexy now?
      505 13 NYT THE advertiser that mined a motherlode of controversy when it asked "What is sexy?" in the 1980s plans a sequel for the *****. Quintessence Inc of Chicago. the fragrance marketer that benefited from the enormous publicity given the provocative television commercial for its Jovan
      NYT  -  505 words
    • Article, Illustration
      Lock icon A winning move
      930 13  -  Alison Leigh Cowan reports on a young upstart game-makers strategic moves in marketing his idea Alison Leigh Cowan NYT JAN Travers* young company did not have the money to advertise his new board game, Abalone, so he tried something few frustrated entrepreneurs would do: He gave the
      NYT  -  930 words
    • Article, Illustration
      Strong and steady waves
      355 13  -  Sangeeta Mulchand tunes in to Radio Heart Sangeeta Mulchand THE NTUC-sponsored radio channel has got the right numbers in the right columns. In the latest round of the battle of the airwaves, the six-month old Radio Heart has scored in terms of number of listeners, and
      355 words
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  • FOCUS
    • Article, Illustration
      Reinforcing a wall
      970 14  -  Walls are crumbling, but not that which divides the US and Mexico. Christopher Reed, BT s Los Angeles-based journalist, files three reports from Tijuana, Mexico while Bernd Debusmann looks at a roaring trade in the area Christopher Reed WALLS dividing people may have fallen elsewhere, but the
      970 words
    • Article
      Left behind in the Maquila boom
      662 14 THE modern Sanyo factory on the Mexican border opposite San Diego, California, is a Japanese replica, right down to the two lobby armchairs facing across a glass coffee table bearing a faux lace cloth. But that is where Japanese style ends. Asked if his
      662 words
    • Article
      Asian investors show renewed interest
      300 14 INVESTORS from the Far East are showing fresh interest in Mexico in the light of talks to include the latter in a North American free trade bloc. That same factor has already encouraged some US firms to divert from Asia to Mexico. Later this month,
      300 words
    • Article
      Lock icon Easy money in people smuggling
      702 14 Reuter THE profits are high and the risks relatively low. The industry is recessionproof and caters to an unending stream of clients Mexicans intent on entering the United States illegally. Smuggling them across the border between Mexico and the United States has developed into a
      Reuter  -  702 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      146 14 To find out just how little space our Minolta EP5400 tal To go into the long and short of i "i protrude beyond the machine, taking up Its speed is also hard to heat i l our KPStOO copier is just 690 mm i I more space, this compact copier
      146 words
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  • SPORTS
    • Article, Illustration
      Lock icon Teacher to the pros
      917 15 British Open AP SOUTHPORT, England A word is worth a thousand pictures, and several thousand dollars, when it is spoken by the guru of golf, David Leadbetter. Defending British Open champion Nick Faldo listens. So do Scott Simpson, David Frost, Nick Price and a dozen other
      AP  -  917 words
    • Article
      Lock icon Seeded Krickstein crashes out of Sovran event
      309 15 AP WASHINGTON Markus Zoecke won tie-breakers in the first and third sets on Tuesday to upset seventhseeded Aaron Krickstein in the second round of the US$6OO,OOO (551.05 million) Sovran Bank Classic. Krickstein became the first of the top eight seeds to be eliminated
      AP  -  309 words
    • Article
      Lock icon Asakawa pays US$2.6m for colt
      213 15 Reuter LEXINGTON, Kentucky Japanese golf-course developer Yoshio Asakawa paid US$2.6 million (554.6 million) to buy the most expensive horse at this year's Keeneland July Selected Yearling Sale on Tuesday. Asakawa topped the Maktoums of Dubai to buy a bay colt by European champion Nureyev out
      Reuter  -  213 words
    • Article
      Lock icon Nicklaus needs to win for spot in Ryder Cup
      289 15 AP t SOUTHPORF, England Win, Jack. I If you want to make the US Ryder Cup team, and you've said you do, then you'd better win either the British Open or the American PGA. That was the word possibly a tongue
      AP  -  289 words
    • SIDE LINES
      • Article
        Birch successful in professional debut
        88 15 MAHWAH, New Jersey Sandra Birch, the reigning US collegiate champion, was successful in her professional debut in the US$l5O,OOO Pathmark Women's Tennis Classic. ***** who helped Stanford to the National Collegiate Athletic ciation team title the last four years, rallied for an 0-6, 7-6 (2
        88 words
      • Article
        Beware plane on the green
        177 15 LAURENS. lowa When pilol Bill Watts yells fore, golfers 2 c c h over The municipal golf course and the municipal I turf ,his north wesl lowa town of f U runway cuts a 45-metre swath out of hdes Whrn i oursc affecting play on
        177 words
      • Article
        Foreman, Aram file suit
        123 15 }f«?nn~ < nße Foreman and promoter Bob US$lOO million suit against Evander Holyfield and his advisers on Tuesday seeking to prevent the heawweight champion from fighting Mike Tyson in his next dL fcnee. The suit claimed that Holyfield, his promoter Dan tale 3 it I,n IS
        123 words
      • Article
        Santoro to take on Stich
        89 15 vJn^Z7P ART Ge rmany Frenchman Fabrice Santoro admEwi t S a se P ond round match with Wimbledon champion Michael Stichi by beating German Udo Riglewski 6-0 6-1 on mem Th" i« e USs m llion Mercedes Cup tennis'tournairtnoV a i7 ear ,d Santoro defeated
        89 words
      • Article
        Coors in advertising pact
        97 15 NEW YORK The makers of Coors Light beer, who have already promised to drop their "won't slow you down" slogan nationwide, agreed on Tuesday to keep race cars and jets out ot their television advertisements in New York state. Attorney General Robert Abrams said the combination
        97 words
    • Article, Illustration
      Lock icon LeMond leads as ailing Breukink pulls out
      367 15 Tour de France AP ST HERBLAIN, France Their ranks decimated by fever, Dutch cyclist Erik Breukink and his PDM team withdrew on Tuesday from the Tour de France, leaving leader Greg LeMond in a strong position as the race entered the Pyrenees Mountains.
      AP  -  367 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      87 15 our Minolta EP5400 takes up, use this advertisement. space. .his cm,pad cop.er has 3 coptes a minute. While .N.mul-Color II > V Call SM Z T*«22 H J built-in drawers thai hold a generous lets vou copy in black or colour or s„ m ,„„re lU^ [_J paper each. Making
      87 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      205 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Desert on the H<^se Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.o()pm to 10.00pm daily. IfING'S amemberofcdihoteis Havelock
      205 words
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      Page 16 Advertisements Column 2
      246 16 A SPUtKUX. NFW punMvnas applars KISKjn AMM scons w>\i) CANOPY BAK —-Mi a# t*4 i With its spcct.R'iil.ir tl.iss frontage. thi .inopv li.ir 'is i|k- iik-.il |ikc loscc Ihe \l.irs It's newest .niel mist cxeluMW femk/v<»u» Ihe .imipv H.ir. upsl-nrs .it the Mv.ilt COFFEE HOUSE Where you can dine in
      246 words
    • Advertisement
      Page 16 Advertisements Column 3
      202 16 We've spiced up Happy Hours. f Sugar M Spices is back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between Swimwear Fashion *ARM*COIOUI>FUL«I*VITir«G I Hr.nti k<t*l T«'i MMI C ale Aladdin's popular International Buffet, Featuring an array <>♦ mouthwatering western and
      202 words
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      Page 16 Advertisements Column 4
      273 16 .^nm That a our prediction for you when you step into the Kasbah as ve ta^l y°u down memory lane with golden hits and rvergreens Every night is nostalgia night You'll be mesmerized iMflap* V* 2m m >*. —(m y oTa^ Spa *1 Rrmr $k*+ Wet*mJ* am* emr <•> p*Mm
      273 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      760 16 TELEVISION AND RADIO Li V»r\y% SBCI2 10 30 Thursday FeiturtSiWCijl 5.30 Drak Pack (Cartoonl. BUSINESS ON RADIO 11C11C11 IUIUICd 7.00 MCMIMMU BBC. 88.9 mHz in VNF Band H 7!00 Pl* CNN International (U. 12" AM close. 6.30 Wufladdam. 7.10 am, 9.25 am 1.301W1, 8.00 Globe TV A Ticket to the
      760 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Playing opposite monsters
      1284 17  -  Rita Kempley talks to Linda Hamilton, the Terminator star who has tussled with some fearsome ogres in her time Rita Kempley IHT YOU learn quickly not to bend over around Arnold, says Linda Hamilton, who stars opposite Schwarzenegger in "Terminator 2: Judgment Day". Hamilton, a sensitive waitress
      IHT  -  1,284 words
    • Article
      Lock icon Space goods popular among young Japanese
      433 17 Japanese department stores find there's a demand for celestial globes, mini planetariums and the like Asahi SPACE-RELATED products such as celestial globes and jigsaw puzzles of the solar heavens are selling well among young Japanese. The Loft, a section of major department store Seibu
      Asahi  -  433 words
    • Article
      Jazz pioneer dies of kidney failure
      507 17 CHATTERBOX AMERICAN jazz pioneer Arthur Briggs, whose trumpet helped define jazz in Paris during six decades, died on on Tuesday of kidney failure, his family announced. He was 92. Born in Charleston, South Carolina, Briggs first arrived in Europe in 1919 with the Southern
      507 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      221 17 AND ENTERTAIN Lunch in a Flash! A carvery and salad buffet lunch featuring the best of cuisines everyday from different countries. Available at the Cafe-in- the-Park. From 12 noon to 2.30 pm Mondays to Fridays only. Price: $18.50++ per person. Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday
      221 words
    • Advertisement
      Page 17 Advertisements Column 2
      156 17 fpr^TJi m iihm w*/ Classical Japanese Food Prepared In The True Kaiseki Style. Complete set Lunch from $18 00+ Sushi Set Lunch from $18.00+ Tempura Chawanmushi Set Lunch at $20.00+ You Don't Have To Be A Member to Enjoy Fine Dining Nishiki Restaurant Marina Bay Golf Country Club 6 Marina
      156 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares end broadly lower on low volume
      4919 18  -  By William Chia SHARE PRICES in Singapore fell across a broad front in thin and featureless trading yesterday. Sentiment was further depressed in the afternoon as shares came under pressure following a sharp decline in the Tokyo market. The lack of clear direction
      4,919 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4157 19 Main Board Inno-Pacific 106 +13 +-14 0% SPH Foreign 1300 iO +0.8% Jurong Ship 50* 860 +10 +1.2% SPH 875 +5 +0.6% Semb Shipyard 655 +5 +0.8% SAL-S1AF93 2000 195 +5 +2.6% S Aerospace F 326 2 0.6% CMB Packaging 308 2 +0.7% Haw Par
    4,157 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      249 20 Company Data Yaar Group Nat Nat aaraings Cross to profit/loss (L) par shara dividend CQOO) (cants) Transmarco Ju4 16 Mar 91 $8 545($9.243) 34 2(37 0) 6(6) H leong Fin Jul 12 Dec 90 $36,762($34,858) I64(155a) 10(9 la) Hind Hotels Jul 12 Dec 90 $3,831 ($1,240) 58(1 9)
      249 words
    • Article
      PRELIMINARY RESULTS
      237 20 Company Date Year Group pre-tax Net earnings Gross ann to proAt/loss (L) per share dividend ('000) (cents) Johan HWgs Jul 10 Jan 91 M$9.660l ($6,498) Choc Products Jul 1 Mar 91 M$5,272($2,105s) 50(09) Faber Group Jul 1 Jan 91 M$33,426($15,558l) 8 1(—) MCB HWgs Jul 1 Mar 91
      237 words
    • Article
      INTERIM RESULTS
      195 20 Company Date Half-year Group pro-tax Interim ann to profit/loss (L) dividend C000) H C Properties Jul 11 jun 91 $5,029($2,867) 20(20) Ganda Hldgs Jun 25 Mar 91 M$554L($3,237L) Asia Pacific Jun 21 Mar 91 *59,214($48,108) 14 5(154) F&N Jun 21 Mar 91 J89,232(175,678) 92(9.2) Jun 14 Mar 91
      195 words
    • Article
      CORPORATE DEVELOPMENTS
      684 20 Jul 15 Weames Technology has appointed Pacificomp Pte Ltd as its new exclusive distributor for the Singapore and Malaysian markets. San Teh Ltd was 15 times oversubscribed. Jul 13 Planning approvals for two large residential projects have been given to Lum Chang Holdings and Pint Capital Corpn to
      684 words
    • Article
      DIVIDENDS ANNOUNCED
      716 20 Current Ex Books Date Total for Total lor payment date dose payable the year last year Amcol 25c 10% Jul 5 Jul 17 Jul 31 101 10% AMFP NYA(e) Jun 19 Jul 4 Ai« IS NYA 28C Mei rtdjs 50c 6%(b) Sep 4 Sep 16 Sep 30 6%
      716 words
    • Article
      RESULTS DUE
      612 20 Main Board Last FuN Y«r Company Period Date Year Net EPS Gross Net mnouKed endrj (cents) <fv profit last year (S'000) Cerebos Interim Apr 27 Jul 91 126 20 OTE(a) 38.911 Spore Land Interim May 4 Dec 91 126 10 0 44.641(g) SNP Interim Jul 26 Dec 91
      612 words
    • Article
      WARRANTS: PREMIUMS AND GEARING
      1008 20 Prices as at 17.07.91 Conversion terms Premium/ Expiry 1 T~ (discount) 1 Amount Optional** using issued T r Company (mil Wrts Share Loan Conv Exer Lnstk Cash Cash Loan Gearing Date Mths units) stock ratio price nom Stk. Left value I S Bur will 115 2
      1,008 words
    • Article
      APPROVED ISSUES
      414 20 Company Rights Issue Mean One-tor two MSI 00 per share issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CKPS with 1 TSR for every 4 CRPS Ej-date Jun 7 Books dose
      414 words
    • Article
      PROPOSED ISSUES
      485 20 Company Rights Issue Aftance Ttdi One foe one $100 per share Bolton Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis ot $2 nominal amount of Bonds for every three existing shares held Every $2 nominal
      485 words
    • Article
      BONDS, LOANS & WARRANTS
      767 20 BONDS, LOANS WARRANTS Company Conversion period Conv«rsio« tarm for mm ordinary chart ffcnri Nt Before 30/6/94 1 warrant plus HKJ1 00 cash CM Nt Before 26/4/93 1 warrant phis $309 cash Causeway Loan Caaeway Nt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus 50 77
      767 words
    • Article
      COMPANY MEETINGS
      356 20 Amcol HoWnp Ltd: AGM at Pinetree Town Country Club, 30 Stevens Road, Singapore 1025 on Thursday, July 18, at 11am. Samanda Hokfinp Bhd: EGM at 10th Floor, Wtsma Central, Jaian Ampang, ***** Kuala Lumpur on Thursday, July 18, at 10am. Singapore Urines Ltd: 19th AGM EGM at the
      356 words
    • Article
      RECORD HIGHS & LOWS
      187 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Nth: *****8 (3/6/91) 1*1 1565 58 (3/6/91) 1991 low: *****2 (16/1/91) 1991 tar 11*908 (16/1/91) 1990 hfh: 1435 43 (16/7/90) 1990 h«h: 1607 12 (27/3/90) 1990low: 981 07 09/11/90) 1990 tar 1079 50 (11/10/90) 1989 N(h: 1322 00 28/12/89) 1989
      187 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      34 20 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need an instrument or just instruction, Classified has what you're looking for! Just call 737-1166. C.A.T.S. 737-»M
      34 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close lower on a broad front
      4150 21 Bernama SHARE prices closed lower across the board yesterday on all-round selling activity brought on by the continued bearish mood, buyers' reserve and poor overseas leads. The KLSE Composite Index fell 8.86 points to 586.42 while the Industrial Index lost 17.04 points to
      Bernama  -  4,150 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      265 21 BUSINESS TIMES O T I C E S TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734- 4982 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Chan Kheong Sheng of No. 226 Serangoon Road, Singapore 0821, have applied for a Retail Liquor Shop licence in respect of premises at MA EngHin
      265 words
    • Advertisement
      Page 21 Advertisements Column 2
      314 21 IN THE MATTER OF THE COMPANIEB ACT CAP. M AND IN THE MATTER OP PAC SYSTEMS PTE LTD (la Valaatary Uqaldatlaa) MEMBERS' VOLUNTARY WINDING UP (Paraaaat la SecOaa tM(2) (b) At an Extraordinary General Meeting of the Company held at 2 Kallang Sector, Singapore 1334 on the 17th day of
      314 words
    • Advertisement
      Page 21 Advertisements Column 3
      307 21 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF GIM KANG (PTE.) LTD. (hMrywaM la Slagapare) (la Vdultry Liqaldadaa) At an Extraordinary General Meeting of Glm Kang (Pte.) Ltd. duly convened and held at 100 Eu Tong Sen Street, #04-18, Pearls Centre, Singapore 0105 on
      307 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close easier in thin, lacklustre trading
      2190 22 Reuter TOKYO stocks ended easier yesterday after a day of thin, featureless trade, with investment trust selling and arbitrage unwinding the primary culprits. Brokers said selling was not aggressive in the absence of major factors, but buyers were too unenthused to put up
      Reuter  -  2,190 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Bank turmoil, profit-taking send shares lower
      2034 22 Reuter SHARE PRICES finished lower yesterday in active, see-saw trade following Tuesday's record close, due to profit-taking and turmoil among local banks. Earlier, the International Bank of Asia denied it was in financial trouble and the government's Exchange Fund injected HKS6O million into the
      Reuter  -  2,034 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      28 22 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate Read chartpoint, a guide to investing in the stock market. Every Saturday in BT.
      28 words
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  • REGIONAL STOCK MARKETS
    • Thai stocks plunge on panic selling
      • Article
        BANGKOK
        842 23 BANGKOK stock prices plunged across the board after investors sold in a panic as they believed prices would fall further, brokers said. The rumours that commercial banks might increase interest rates again also spurred the sell-otT. they said. The SET Index fell 22.99 points to 654.45 on a thin
        842 words
      • Article
        AUSTRALIA
        775 23 THE Australian share market remained in hibernation with stocks trading in a narrow range yesterday before closing marginally higher. Only TNT Ltd's continuing woes and rumours of a Pacific Dunlop share placement kept investors on their toes. The All Ordinaries Index closed just one point higher at 1,542.2 after
        775 words
      • Article
        JAKARTA
        612 23 JAKARTA stock trading was slow, with the Official Index easing 0.87 points to 323.27 and total turnover falling to 5.99 million shares yesterday from the previous 7.50 million. Brokers said new rules announced yesterday to tighten control on the stock market had not affected the market. "We're just looking
        612 words
      • Article
        MANILA
        480 23 PHILIPPINE share prices and turnover on Manila's exchanges fell yesterday as many traders shunned the market ahead of a possible US bases agreement and a general strike set for next Monday by leftist labour unions, brokers said. Manila's Composite Index ended 14.83 points lower at 978.39. "Business was dead."
        480 words
      • Article
        TAIPEI
        486 23 TAIPEI share prices finished higher in narrow, very thin trade yesterday as a technical rebound in banking shares overcame gloomy market sentiment, dealers said. The Weighted Index ended at 5,225.76 52.01 points up from Tuesday's 5,173.75 close. Turnover was NTS 18.6 billion against 526.6 billion. Dealers said early buying
        486 words
      • Article
        NEW ZEALAND
        367 23 THE New Zealand share market ended scarcely changed, despite brokers' bullish feelings about the Telecom Corp float the largest in the country's history. The telephone utility's US owners Bell Atlantic and Ameritech said they would increase the issue by 50 per cent to 630 million shares at NZS2
        367 words
      • Article
        BOMBAY
        87 23 BOMBAY share prices turned bullish on Tuesday as a result of lower fresh levies in the railway budget than was anticipated, brokers said. The railway budget for fiscal 1991/92 (April/March), delayed by political problems. proposed a 10 per cent increase in freight and 20 per cent hike in fares.
        87 words
      • Article
        Untitled
        1143 23 Close Pre* ions July 17 AUSTRALIA All Ordinaries Index 1.542 2 1.5412 fl.O All Industrials Index 2,357.4 2.356.7 +0.7 All Resources Index 'Mb.2 914.6 1.6 Turnover (million) 91.9 87.3 +4.6 BANGKOK SF.T Index 654.45 677 44 -22.99 Turtiover(million bahl) 2.010 2.276 -266 JAKARTA Composite Index 323.27 324 13 -0 87
        1,143 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      33 23 The Seoul market was closed for a public holiday I I All prices are provided by Telerate Read Charlpoint, a guide (o investing in the stock market. I', very Saturday in Business Times.
      33 words
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  • WORLD STOCK MARKETS
    • US stocks edge lower on heavier volume
      • Article, Illustration
        NEW YORK
        1286 24 NEW YORK stocks edged lower on Tuesday, but trading picked up sharply. Even the bank stocks, which enjoyed a one-day flurry on Monday after Chemical and Manufacturers Hanover announced a merger plan, gave way. The Dow Jones industrial average slipped 6.71, to 2,983.90, while the Standard Poor's 500
        1,286 words
      • Article, Illustration
        LONDON
        753 24 LONDON share prices ended higher on Tuesday after hitting all-time highs earlier in the session. Prices were boosted by robust futures-related buying and a general perception that Britain might soon recover from its recession. The Financial Times-Stock Exchange 100-share index closed up 24.3 points, or 1 per cent, at
        753 words
      • Article
        FRANKFURT
        310 24 IN FRANKFURT, German shares were again mixed in listless trade on Tuesday, as summer holidays and lingering uncertainties about German tax policies on interest income stifled investor interest. The 30-share DAX index eased 2.72 points to end at 1,643.85, more than reversing Monday's 1.81 point gain. "There's a lack
        310 words
      • Article
        AMSTERDAM
        390 24 IN AMSTERDAM, Dutch shares ended a lacklustre session slightly up but off their day's highs as Wall Street's first half hour performance disappointed the market here. The CBS tendency index ended 0.3 points up at 93.9 after standing at 94.1 most of the afternoon. Prices moved in a narrow
        390 words
      • Article
        ZURICH
        282 24 IN ZURICH, Swiss shares closed slightly firmer on moderate volume. Dealers said chemicals led the market higher while other sectors were quiet as many participants preferred to wait for further signals to guide the market. The all-share SPI closed 3.4 points higher at 1,124.7, just off the day's high
        282 words
      • Article
        PARIS
        173 24 THE PARIS bourse turned modest gains into a net closing loss after the Bank of France left interest rates unchanged, despite good French inflation figures. The CAC-40 index ended at 1,755.51, off 4.26 points or 0.24 per cent on moderate volume of 1.7 billion francs. The index was up
        173 words
      • Article
        BRUSSELS
        152 24 IN BRUSSELS, shares closed a fraction lower in lethargic trade under the influence of the summer holiday period and some political and economic worries, dealers said. The key Bel 20 index closed 0.03 per cent lower at 1,146.47 points with only 675 million francs (553.2 million) worth of shares
        152 words
      • Article
        MILAN
        169 24 IN MILAN, Italian shares closed down and near the session's lows in thin trading dominated by technical positioning during the last session of the July account. Brokers said volume was thin, although up from Monday's 100 billion lire (S$ 131.3 million). "It was the rightful finale for a squalid
        169 words
      • Article
        JOHANNESBURG
        400 24 IN JOHANNESBURG, share prices generally extended Monday's gains on Tuesday, buoyed by an easier financial rand and renewed support for quality issues following late last week's profit taking, dealers said. But gold shares eased against the trend amid little changed world bullion prices, and after a late recovery in
        400 words
      • Article
        TORONTO
        273 24 TORONTO stocks closed slightly higher in dull, directionless trade, dealers said. "It's been a nothing day. We're still stuck in a narrow range," said John Ing, president of Maison Placements Canada Inc. The TSE gold index fell 38.03 to 5506.43 after rising recently. Comex gold futures in New York
        273 words
      • Article
        Untitled
        125 24 July 16 Close Proiuus NEW YORK Dow Jones 2,983 90 2.W0.6I -6.71 NYSE Financial 153.68 153 66 -002 S&P500 381 54 382.39 -0.85 Turnover (million) 183 161.8 f2l.2 LONDON Financial Times 30 1,971.4 1,951.1 +20.3 ITSF 100 2.5568 2.532.5 +24.3 Turnover (million) 495 2 340.8 <-154.4 AMSTERDAM CBS Tendency Index
        125 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      56 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery
      56 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends lower against D-mark in quiet Tokyo trading
      1183 25 REPORTS THE US DOLLAR closed lower against the mark on afternoon sell orders by overseas players in Tokyo yesterday, but dealers said trading was subdued throughout the day. "Moves from Japanese customers really slowed today," said Shigeru Murotushi, a customer dealer
      1,183 words
    • Article
      INTERBANK FOREX RATES
      396 25 Cross rates July 17 I USS SS MS Dm Yen SFr A$ NZS US$ 1.7525 2.7840 1.8010 137.15 0.6083 1.5635 1.2903 1.7652 SS 0.5706 1.5886 1.0277 0.7826 0.3471 0.8922 0.7363 1.0073 MS 0.3592 62.95 0.6469 0.4926 0.2185 0.5616 ***** 0.6341 Dm 0.5552 0.9731 1.5458 76.15 0.3377 0.8681
      396 words
    • Article
      MONEY MARKET
      552 25 Interbank rates s$ Bid Offer Overnight 3 1/2 4 1-month 5 1/2 5 5/8 2-month 5 9/16 5 11/16 3-month 5 5/8 5 3/4 Overnight mode: 5-3/16 1<S$_ Rid Offer 7 days 5 15/16 6 1/16 1 month 5 15/16 6 1/16 2 months 5 15/16 6 1/16
      552 words
    • Article
      Lock icon US$ in downtrend after a double-top formation
      332 25 Reuter NEW YORK The dollar's trend turned down on Tuesday, according to technical analysts, who note that last Friday's sell-off took it through key support at 1.8050 marks and completed a double-top formation. "The dollar broke on the downside on Friday with high
      Reuter  -  332 words
    • Article
      Lock icon More cuts in Taipei rates expected
      311 25 Reuter TAIPEI Taiwan's central bank, which cut its rediscount rate by 0.375 percentage point on Monday, is expected to take further measures to push bank interest rates lower, economists and bankers said. State-owned Bank of Taiwan, responding to the central bank's cut, on Tuesday
      Reuter  -  311 words
    • Article
      FINANCIAL FUTURES
      1056 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 93.69 93.70 93.68 93.70 2400 ***** 5862 Dec 91 93.12 93.13 93.11 93.11 3731 ***** 2224 Mar 92 93.05 93.06 93.03 93.04 1300 ***** 1108 Jun 92 92.64 92.66 92.64 92.66 120 1902 141 Sep 92
      1,056 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Low output, strong demand drive CPO prices up
      359 26  -  By Shoeb Kagda SINGAPORE Lower than expected crude palm oil (CPO) production in June and strong demand from major consuming countries have driven CPO prices to new highs in the past three days. CPO prices for August delivery hit MsB3s per tonne
      359 words
    • Article
      Lock icon Moscow takes steps to boost oil, natural gas exports
      336 26 Reuter MOSCOW The Soviet government approved a package of measures on Tuesday to boost oil and natural gas exports, including a big cut in export taxes, the independent news agency Interfax said. The measures, costing the state an estimated 15 billion
      Reuter  -  336 words
    • Article
      Crude palm oil recovers to close steady in M'sia
      857 26 REPORTS MALAYSIAN crude palm oil prices rebounded from early losses to close steady on light covering interest yesterday. Dealers said prices were aided by a rise in futures values and Pakistan's purchase of RBD palm olein for first half August shipment.
      857 words
  • Article
    PRICES
    1483 26 Rubber j u i y i? IUS (fob In M4w) S centVkg Noon Close Int 1 RSS Prompt 141.75/142 75N I42.00/143.00N Int 1 RSS Aug 91 142.75/143.25 143.00/143.50 Int I RSS Sep 144.25/144.75 144 50/145.00 Int 2 RSS OP I4I.OO/I4300N 141.00/143 .OON Im 3 RSS OP *****/141 OON *****/141
    1,483 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      659 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 ANO IN THE MATTER OF KOH aiAK LONG PTE. LTD (MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting ot the aDovenamed company duly convened and held at No 2 Fmlayson Green HO9-12. Asia Insurance Building
      659 words
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      Page 26 Advertisements Column 2
      582 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF SILVER TIMES PTE. LTD (MEMBERS VOLUNTARY WINOING-UP) At an Extraordinary General Meeting 01 the abovenamed company duly convened and held at No 2 Fmlayson Green »09-12. Asia Insurance Building. Singapore 0104 on Monday. Bth July 1991
      582 words
    • Advertisement
      Page 26 Advertisements Column 3
      11 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1065 27 City Flight ETA Flight ETD City Flight ETA Flight ETC Abe Dhabi GA887 1245 GA894 2255 MH605 1020 670 GA975 1300 SQ105 1050 SQ106 1045 |g° SQK)7 1^0 SQ109 1405 MH641 1315 Amsterdam SQ23 0700 KL834 2240 MH642 1450 SQ110 1445 KL833 0910 GA894 2340 MH609
    1,065 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Sleepy Lanai wooing the ultra-rich
      777 27  -  LETTER FROM HAWAII By Alan Ponsford VIRGINIA seemed to say it all. "You can stand up straight, out of the sun and the rain, talk to new people. It's much better." What it beat was answering the sam whistle for a back-breaking day, bending close
      777 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.353 1.373 Canadian dollar 1.515 1.545 NZ dollar 0.9830 1.013 Sterling pound 2.8700 2.900 US dollar 1.7480 1.7580 Local dollars to 100 units of foreign currency Austrian schilling 13.50 14.50
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      83 27 Duration Title Venue Organiser Tel July 14-21 Exhibition On Buenos Aires USUARIA *****2855 Equipment. Technology Serv ices for Informatic Telecommunication July 22- Pan Pacific Hilton Asian Investment Jakarta: 23 Power Generation International Conferences **********8 Conference Jakarta (Pte) Ltd S'pore: *****8550 Duration Title Venue Organiser Tel Aug 6-9
      83 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      41 27 Bud, youH be a lot wiser when you learn about Finnair's route. A superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We know Europe from start to Finnish.
      41 words
    • Advertisement
      Page 27 Advertisements Column 2
      33 27 He starred in Erotic Ghost Story. And other such What was filming those love-making Hongkong actor Pal Sinn Lap Man tells you V 1 I 1 The New Paper today. 111 m al
      33 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      254 27 1 Violets, main variety of this garden bloomer (4-2-1-4) bridge University, first half 3 I I I I I I I I of Elijah is set back (9) Hi IH ißi HH 10 Theatre circle done to order 11 Insignificant creature in the I II 1 I II I j
      254 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      197 27 Singapore Outlook: Showers over a few areas in the afternoon. Report Maximum temperature 34.0* C Assoc humidity 44% Minimum temperature 25.0* C Assoc humidity 97% Hours of sunshine 10.45 Rainfall in mm Nil Rainfall this month 22.5 Rainy days this month 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 13/08 Qoudy
      197 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      30 27 j F\HP GO GAsy ON tmg /\'D LIKE. fifWWDE WZC] \Pou) DGR6D GLASS J r^====r oe oe tgrrc er Pern* v ,<jf\ 34 1 EVENING STAMOARO CO. LTD.. IM2-IMI "^cAxu-
      30 words
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  • Article
    Ministers to lay groundwork for January summit
    357 28  -  Meeting of Asean foreign ministers in KL By Yang Razali Kassim ASEAN foreign ministers meeting in Kuala Lumpur this week will lay the groundwork for the Fourth Asean Summit to be held in Singapore in January. The ministers, who will gather for their
    357 words
  • Article
    More Malaysian stations to sell unleaded petrol
    333 28  -  By Lilian Ang PETRONAS and Shell, the two pioneers of unleaded petrol (ULP) in Malaysia, are planning to sell the product at more stations there, even as Singapore passes stricter rules on emission standards. The extent to which the two oil companies expand
    333 words
  • Article, Illustration
    Sihanouk becomes de facto head of Cambodia
    415 28 BEIJING Prince Norodom Sihanouk yesterday became the de facto head of Cambodia when he resigned as resistance leader after nine years and took over a council uniting the country's warring factions. The Supreme National Council (SNC) announced after a two-day meeting in the
    415 words
  • Article, Illustration
    Manila on the brink of a social volcano
    571 28  -  The Bottom Line FLORIAN ALBURO FLORIAN ALBURO The writer, a former Philippine deputy minister of economic planning in the Aquino government, teaches at the School of Economics at the University of the Philippines. CLOSE on the heels of a report that the
    571 words
  • Article
    IHI seeks ministry's help over 13b yen deposit
    484 28  -  The BCCI Crisis From Koichi Ishiyama in TOKYO JAPAN'S Finance Ministry is mulling ways to bail out the Bank of Credit and Commerce International (BCCI) depositors in Tokyo, including Ishikawajima-Harima Heavy Industries Co, which had deposits totalling 13 billion yen (S$ 165
    484 words
  • Article
    Two bank runs in Hongkong as govt liquidates BCCI
    483 28  -  From Catherine Ong in HONGKONG PANIC seized Hongkong depositors yesterday as they rushed to pull their money out of the International Bank of Asia (IBA) and Dao Heng Bank amid a government announcement to liquidate the Hongkong branch of the troubled
    483 words
  • Article
    Lock icon US cost of living up 0.2pc in June
    121 28 AP WASHINGTON Declining energy costs offset a sharp rise in fruit and vegetable prices in June to produce a modest 0.2 per cent increase in consumers' cost of living, the US government said yesterday. The report bolsters private analysts' view that inflation
    AP  -  121 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      101 28 Nikon The World's Finest Photographic Systems fc jUk, ■tattle. **&fk Dauphin Sitzrultur A HEALTHY BACRBONE IS ESSENTIAL FOR PERFORMANCE. MMm We want to inspire people with chairs which display corporate identity: The superb, clean lines of the design of Dauphin chairs integrate elegantly into the office environment. Reasonably priced seating
      101 words
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      Page 28 Advertisements Column 2
      80 28 Nikon The World's Finest Photographic Systems Bank of England given fraud naming nine months ago, Pg 6 THE SECRET OF THE FABULOUS COCKTAIL WILL BE REVEALED ON 16 SEPTEMBER 1991. RAFFLES HOTEL REOPENS 16 SEPTEMBER 1991. RAFFLES HOTEL MOftNS WITH 104 SI'ITLV BSR AND BILLIARD ROOM R4FFI IS (>RII L,
      80 words
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  • SHIPPING TIMES
    • Article
      Malaysian firms keen on Aussie collapsible container
      387 29  -  By Selva Kumar MALAYSIAN companies are showing interest in a collapsible container invented by an Australian company, a project which some Singapore companies rejected earlier this year. Speaking from Brisbane, Mr Maurice Jarman, Magnatek's marketing director, told BT that Magnatek is now "involved
      387 words
    • Article, Illustration
      Lock icon British Airways to reorganise non-core operations
      355 29 Reuter LONDON British Airways pic said it planned to reorganise all its non-core operations and was considering various options, including spinning off the activities altogether. Sir Colin Marshall, chief executive, told a news briefing after the company's annual meeting that he had discussed the
      Reuter  -  355 words
    • Article
      Lock icon Mazda to expand ties with S Korean affiliate
      232 29 AFP TOKYO Japan's Mazda Motor Corp plans to expand its ties with South Korea's Kia Motors Corp by providing the company with technology to assemble another two Mazda models, a newspaper reported on Tuesday. The Nihon Keizai Shimbun said the two companies
      AFP  -  232 words
    • Article
      INDEX TO ADVERTISERS
      890 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Aeropak Express 9 5 APL 5 3-5 APC Line 13 5 •ASCL 5 I ANL 3 1/2 Bait C anada Line 7 4/5 Bait Orient Line 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank
      890 words
    • Article
      Lock icon GE Capital sells two 747 freighters to S'pore
      305 29 Two spare engines included Bernama SAN ERANCISCO GE Capital announced on Tuesday that negotiations with Singapore Airlines had resulted in the sale of two 747-245 freighter aircraft to the airline. Polaris Aircraft Leasing Corp, a wholly-owned subsidiary of GE Capital, is the
      Bernama  -  305 words
    • Article
      Lock icon India raises railway fares and freight tariffs
      292 29 AFP NEW DELHI India's new government raised passenger fares and freight tariffs on Tuesday to net an additional US$233 million (Ss4lo million) from users of its huge but antiquated railway network. The railway budget for fiscal 1991-92, unveiled in Parliament, raised freight rates
      AFP  -  292 words
    • NEWS SUMMARY
      • Article
        Lockheed's fortunes on the rise
        50 29 IN THE aerospace industry, where good news has been scarce of late, Lockheed Corp has been getting more than its share. The latest was a vote by a subcommittee of the Senate Armed Services Committee to restart production of Lockheed's F-117A Stealth fighterbomber Page 2
        50 words
      • Article
        More perks for air travellers
        64 29 REFLECTING a weak travel market, two large US airlines on Tuesday announced lower fares or steps to make discounts more widely available. USAir said it would ease the penalties and refund rules on its most popular discount fares beginning on August 5, while Northwest Airlines
        64 words
      • Article
        Grumman forms team to bid for new bomber
        37 29 GRUMMAN Corp says it will team up with Lockheed Corp and Boeing Co in a bid to build a new generation of carri-er-based bombers for the Navy Back Page
        37 words
      • Article
        Aussie Telecom launches US service
        27 29 AUSTRALIAN telecommunications giant Telecom on Tuesday launched an electronic white-pages system in the US. where it will compete with AT&T Back Page
        27 words
    • LOG BOOK
      • Article
        Cruise firm delays Canadian train launch
        100 30 SEATTLE Holland America Line-Westours Inc, a unit of Carnival Cruise Lines Inc, will postpone the introduction of its luxury passenger train in the Canadian Rockies until the 1993 season. Holland America said on Sunday that the company and Transcisco Industries Inc had terminated a
        100 words
      • Article
        Hyundai cars bound for Bonn
        75 30 SEOUL Hyundai Motor Co shipped its first cars to Germany last Friday in a bid to expand exports in Europe to compensate for sluggish sales in the US, the South Korean car maker said. Officials said Hyundai aims to export 50,000 cars to Europe this
        75 words
      • Article
        Tokyo car makers focus on R & D
        107 30 Tokyo car makers focus on R D TOKYO Japanese car makers are strengthening their US research and development operations to meet demand for new models in the US market. Honda Motor Co Ltd will increase the number of research and development workers at its wholly-owned Honda R and D North
        107 words
      • Article
        Review of US broadcasting rules
        94 30 WASHINGTON The Federal Communications Commission is examining whether to lift rules that bar broadcasters from owning cable television systems and limit the number of stations each broadcaster can own. The Washington Post said the agency is examining the long-standing rules in the light of increased
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      • Article
        Liberian ship in Chile for repairs
        52 30 LONDON The Liberian bulker Global Makatcha will undergo temporary repairs at Punta Arenas, Chile, Lloyd's Shipping Intelligence Service said last Friday. The 61,495dwt vessel touched bottom close to Santa Elena Island in the Straits of Magellan on July 9 and sustained hull damage causing
        52 words
      • Article
        Ulsan yard repairs Hand Cheong
        49 30 LONDON The Panamanian ship Hand Cheong will be repaired in drydock at Ulsan, South Korea, Lloyd's Shipping Intelligence Service said on Monday. Repairs should be completed by Aug 6. The 8,621-dwt Hand Cheong and the Singapore-flag 13,323-dwt bulker Oriental Lion collided on June 30.
        49 words
    • Article
      DAILY FREIGHTS
      1066 30 \HE slide in freight rates slowed on Tuesday but levels were still seasonally high and a further easing was expected, brokers said. The Baltic Freight Index was down five at 1,537, against falls of 19 points on Monday and 25 on Friday. "The index looks well marked," said
      1,066 words
    • Article, Illustration
      Lock icon Lockheed on the up and up
      831 30  -  Lockheed's fortunes have improved in the last year, despite the gloomy outlook tor military contractors and the aerospace industry. Richard Stevenson reports Richard Stevenson NYT IN THE aerospace industry, where good news has been scarce of late, Lockheed Corp has been getting more than
      NYT  -  831 words
    • Article
      COCKETT BUNKER MARKET REPORT
      857 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      857 words
    • Article
      THE SHIPPING GUIDE
      12723 38 This is a list of ships loading Ji at Singapore for ports around the world. It tabulates, by > destination, the name of the 2 ship, the shipping line involved and the estimated dates of arrival and departure l from the Port of Singapore. Advaneed dates are
      12,723 words
    • Article
      SHIPPING AGENTS
      3333 43 C ontainerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN) Adkris Business C orporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel l.iner Service: Kim Shpg Trdg (S) Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,333 words
    • Article
      COURIER SERVICES
      250 43 Abacus ouritTs Tel: 545-8011. Fa*: *****98 Air F.xpress Travel Tel: 533-5771 Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel 344-3377. Fax: *****50. Cluster link Supplies A Services
      250 words
    • Article
      AIR FORWARDERS
      1535 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-803lFax: *****05. Verosoeed Tel: 542-5911. Fax: *****18 Air Cargo Novo F.xpress Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74, *****50. Air Market
      1,535 words
    • Article
      PORT CONDITIONS
      639 44 Algiers Eight to 10 vessels awaiting entrance. Waiting time three to four days. Aqaba 16 vessels discharging at quays and nine idle at quays and at anchorage. Aratu No vessels berthed or waiting at solid bulk, liquid bulk, gas bulk or Dow terminals. Astoria Two non-grain vessels waiting,
      639 words
    • Article
      AIR FREIGHT SCHEDULE
      466 44 ARRIVALS DEPARTURES Op Might Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK NCA KZ203 B747F 1930 1 NRT SIA SQ822 B747F 0715 2 DXB/LON KAL KE685 A30F 2345 1 SEL/MNL TOMORROW
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    • Article
      SHIP SALES & TANKER RATES
      710 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk tamers Ellin: 35,063 dwt and built 1982, is now on offer. iNorth Shields: 12,126 dwt and built 1972, on offer at US$2.2 million. Others Bhawani: tanker of 33,788 dwt and built 1976, on offer at about USS9 million. Ferncliff: chemical tanker of
      710 words
    • Article
      CRUISE & FERRY SCHEDULES
      375 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Pep Name of Vessel ETA ETP Ports of Calls Port Agent JULY 18 18 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 19 19 Ocean Pearl .0700 1600 Bali-Sin-P Klang Borneo Shipping 21 21 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 22 22 Cora Princess
      375 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        726 45 V«i4 Voy No Bertti Amval Departure Marina Terminal 1 Batam Mam *****1 M05 1807/2300 Batam Sayang *****1 M04 alongside 1807/2300 Batarmndo 1 69S M03 alongside 17 07/1700 Citra Jaya *****1 M03 17 07/2300 Garuda G08 M04 18 07/1300 laya Bersama 1307 M04 alungside 1807/2300 War Pearl 406A91
        726 words
      • Article
        IN MALAYSIAN PORTS
        232 45 Penaitg Port Berth in Butterworth on July 18: 1: Thalassini Akia; 2: Thai Yang, Santos; 3: Malayan Success, Million III: 4: Twinkle Ace; 5: Bunga Seroja; 6. Lampung. Penang Wharf: NB Victory; CB: Cipta Karya; SB: nil. BCT: Bl: Korean Topaz; Bll: Flair; l/B: Ananas VOTP: Commander
        232 words
      • Article
        CONTAINER SCHEDULE
        890 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From Ace Concord 21E 18/2030 1 17/1500 17/1659 17/1900 ACX Daisy 16 19/0700 1 Cancelled 2 17/1700 18/0659 18 0900 3 18/0700 18/1159 18/1400 Bhum 508N 18/1400 1 17/1500 17/1659
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    • Article, Illustration
      Lock icon US Air eases penalties and refund rules, Northwest cuts fares
      336 46 NYT NEW YORK Reflecting a weak travel market, two large airlines on Tuesday announced lower fares or steps to make discounts more widely available. USAir said it would ease the penalties and refund rules on its most popular discount fares
      NYT  -  336 words
    • Article
      Lock icon Dun and Bradstreet Software signs first deal in Poland
      246 46 UPI ATLANTA, Georgia Dun and Bradstreet Software has signed its first eastern European customer, licensing a software program to Fabryka Samochodow OsobwyCh (FSO), Poland's largest automobile manufacturer. The contract signing marks the opening of a critical new market for D and
      UPI  -  246 words
    • Article
      Lock icon Aussie Telecom launches US service
      192 46 AP CANBERRA Australian telecommunications giant Telecom on Tuesday launched an electronic white-pages system in the US, where it will compete with AT&T. Government-owned Telecom's first foreign service business will be Directory Net Inc, a wholly-owned subsidiary of Telecom Australia International. Telecom managing director Mel Ward
      AP  -  192 words
    • Article
      Lock icon Grumman forms team to bid for new bomber
      346 46 NYT NEW YORK Grumman Corp says it will team up with Lockheed Corp and Boeing Co in a bid to build a new generation of carrier-based bombers for the Navy. Grumman, which is based in Bethpage, New York, said it would lead
      NYT  -  346 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      28 29 Lines and services represented by Members of the Registry of Accredited Shipping! Agents, Singapore National Shipping Asso- JI ciation. _^LJ tor advertising enquiries, contact Shipping Times Tel 74<L2(m/740-2(M)
      28 words
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      Page 29 Advertisements Column 2
      589 29 SI ISWEE HENG METAL CO PTE LTD No 13. TUAS AVENUE 14 S PORE 2263 FAX *****46 TEL: *****55 (5 lines) TLX RS ***** SHMCPL J Maintenance Equipment Also buy. sell. repair BH^pHEHpS^ tun, e *'♦<• S B cON '91 19-20 September 1991 Hyatt Regency Singapore THE 4TH SINGAPORE INTERNATIONAL
      589 words
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      Page 29 Advertisements Column 3
      54 29 Air Forwarders 15 A* Freight Schedule 16 Cocfcett Report 2 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Datfy Fraghts 2 Index to Advertisers 1 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 St*psales/Tanker Rates 16 Ships m Port 17 Singapore Tdes 17 Transport Diary 3 Weather
      54 words
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      Page 30 Advertisements Column 1
      71 30 APPOINTMENTS I We have several positions available l| in our Export Dept for activities related jj to customer service, computerised 1 documentation, consol planning, pricing and quotations. Wm our new management and li premises, we endeavour toofier a pleasant 1 environment, comprehensive training programs and attractive remuneration. Please write-in or
      71 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2356 31 JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint, Singapore 0208 \llVir TELEX NO RS ***** WglMlH TERMINAL CFS Tel *****18 220 E f ßyyofl T l BOOKINGS TH *****34 258 L VA*# >J PESAKA JAROINE SHIPPING AGENCIES rt)RT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO
      2,356 words
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      Page 31 Advertisements Column 2
      3705 31 ■nimina TWO SAILINGS PER WEEK TO INTRA ASIA SINGAPORE/YOKOHAMA 9 DAYS SINGAPORE/NAGOYA 10 DAYS Vessel Voy ETA ETD "Port 'Penang Keiang DESTINATIONS TN« week Mcfcinney MMrsk 9104 f—dmr by 23/7 oeoo mrs m Pinto CPS 22/7 2358 HRS OAK LGB HOU MEM ATL MIA CHS BAI PHL NYC MON TOR
      3,705 words
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      Page 32 Advertisements Column 1
      1173 32 i__Jl Irottedam/I VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE FRANKFURT EXPRESS 57/328 21/7 778 'i/8 1278 13/8 Pfffl TOKIO EXPRESS 01/129 25/7 15/8 13/8 12/8 KAMAKURA 18/329 27/7 14/8 18/8 19/8 20/8 1. ALL WUTMUND P. KASUGA 16/130 1/8 22/8 20/8 19/8 KfLANC t "fIANC CARGO MONTE ROSA
      1,173 words
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      Page 32 Advertisements Column 2
      679 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J. BONTANG 2404E8 1/8 16/8 19/8 24/8 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOMA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CLX STO (PERU) L J. BONTANG 2404E8 1/8 7/9 0/9 13/9 14/9 11/9 Agents Will/
      679 words
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      Page 32 Advertisements Column 3
      1601 32 I &MMM REGULAR INDEPENDENT FULL CONTAINER SERVICE w£STB6UND FOR EUROPE VSL VOY SM ALG BCL HAM BR£ ROT ANT Fa LHA (VIA (WA (VIA ALG) HAM) ROT) NORASIA AL MANSOOHAH 9119 3 19/07 11/08 13/08 15/01 16/08 17/08 18/08 19/08 20/08 ARABIAN SEA 120W 28/07 20/08 21/08 24/08 25/08 26/18
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1993 33 Maritime Holdings Ltd W '■<*• PffrO fITIV STRAITS SHIPPING tit DiMIMI FmM# lltltlltll Containers iMji Hoy No +-PM S'port Sou Ant Hb( LAURA MAERSn SlOt 13/07 15/07 11/07 01/00 04/00 05/00 07/00 ACCEPTS DUE SAILS OMNTAI BAT 0540 13/07 15/07 20/07 00/00 00/00 10/00 CARGO LEXA MAE ASA 9110 20/07
      1,993 words
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      Page 33 Advertisements Column 2
      2315 33 TO: U.S.AJPANAMA FM: U.S.A./PANAMA WMtl/VOT Jf OA* LG» CW fDB SA» WW HTC W«L WT WTC WW SA» CKI IG» OW CMO VANG CNAKCf IFI7I M/ 7 14/1 14/1 »/l 30 I 31/1 1/* 3/» PANAMA SENATOR Ml 7? J/l 7/4 U/( 21/4 24/4 22/7 GUf SP*IT 1F179 27/7 21/<
      2,315 words
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      Page 33 Advertisements Column 3
      333 33 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOB YOKOHAMA/NAOOYA COSMIC TRADER Vl9 ETA PK 22/7/91 ETA SPORE 24/7/91 ETA NAGOYA 4/8/91 ETA YOKOHAMA 7/8/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL D6N CT **0 1/1 a/1
      333 words
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      Page 34 Advertisements Column 1
      544 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE «l VOV fiwTl 00AM ADAM H BUG BttMEN ANTWERP SftramJAVA/ 32«f8 5/1 7/« 13/5 17/5 20/5 KUTN/23N8 1 9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect lo Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa.
      544 words
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      Page 34 Advertisements Column 2
      1079 34 I II it )C >C/ HANJIN SHIPPING IS'porellEH RTM ANR HAM BRV FEL FEEDER VSL SINI LINE HAUL LGB OAK HANJIN LEHAWE 013W 22/7 9/8 10 8 11/8 11 8 12/8 13/8, HANiW l-ONGBEACH 034E 19/7 WRECT S/8 10/S HANJIN TONGHAE 082W 28/7 15/8 16 8 17/8 17/8 19 820
      1,079 words
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      Page 34 Advertisements Column 3
      72 34 Conventional/ LCL/FGL Service To «fWC« A« iUßfff. WITH SOUTH MOKA. P*CHc M« low OCtMI VFSSELS AVAILABLE SONG THAO" HO CHI MINH/TUTICORIN 21/7/01 A VESSEL MAOWAS/C AICUTTA/CMITTAGONG/RANGOON 23/7/91 "aaron r bkk/sattahip/vunqtau/pmnoai pcnh 27/7/91 -A VESSEL COLOMBO/DUB A I/O AMMAN/KUW ACT 30/7/91 •A VSL" JCDOAM/MODEtOAH/AQABA S/9/91 •a SERAVA" SIN BATAM WEEKLY SCRVIC6B
      72 words
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      Page 34 Advertisements Column 4
      1357 34 l d -TcT"T3"3^"^k I PHI SGP IHG KX Kit PIS MIT OSK NGY 96 TYO LAI CHS ML MIC UW Ml KM Df IK fSO CM HQ. %0> I I GOLDEN Rt 031 17/7 In Pt 23/7 24/7 2S/7 2J/7 31/7 2/1 3/1 4/1 5/1 16 I 21/1 30/1 31/1
      1,357 words
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      Page 35 Advertisements Column 1
      1571 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NQ: **********0E) BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 NEPLINE SDN BHD MALAYSIA K.L.-I03) *****33, P. Kelang-(03) *****87.
      1,571 words
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      Page 35 Advertisements Column 2
      245 35 ANTWERP 21/7 KAOHSIUNG 21/7 COLOMBO 24/7 BREMEN 21/7 KEELUNG 21/7 BOMBAY 23/7 HAMBURG 21/7 unNr KnNr nn KARACHI 23/7 LEHARVE/LONDON 22/7 HoNfa UNb ei MADRAS 20/7 FELIXSTOWE 22/7 MANILA 20/7 CHITTAGONG 20/7 GENOA 25/7 BUSAN 21/7 CALCUTTA 21/7 Dn?Tr E D L n L «u lln BANGKOK 26/7 nnTTTTVFH^HHi ROTTERDAM
      245 words
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      Page 35 Advertisements Column 3
      265 35 FTlheung-a shipping Korean Flag Vessels STRAITS/KOREA SERVICE M» VOT S PORE PKI HRG BUS** MCHON MO* -ST LOUIS IO7W 19 20 07 2121/17 20-20/#7 31 31 /07 01/01 02/00 NO 9 DOMAM 1 107* 19-21 07 22-22/17 27-27/17 01 01/00 02 01 03 M •NlttlAKMO* »107* 01 01 0« 29-30/07
      265 words
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      Page 35 Advertisements Column 4
      1113 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUeC OtSCHAROHC WESTBOIfO—LOADUG TRANSHFPED VIA ROTTERDAM wsstis l» pLA n«G VOY Is* Im Thbg [bhv pfE
      1,113 words
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      Page 36 Advertisements Column 1
      1604 36 K 4 4 f f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) MjK W W TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 I m 4 m MALAYSIA "IT LINE MARITIME (MALAYSIA) SDN BHD I JL ak. JLff JL JL Jm# TEL PJ *****00 PK *****01/5 PENANG *****5 JB
      1,604 words
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      Page 36 Advertisements Column 2
      1184 36 \im PHILI-Oftl€NT UN€S PT€ LTD 108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 f TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 JUL wontrea^TTAW^OßONT^^^^^^^ 26 JUL DUBAI. DAMMAN, SHARiAH. DOHA.
      1,184 words
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      Page 37 Advertisements Column 1
      1489 37 aaiigiJff PACIFIC INTERNATIONAL LINES (PTE) LTC jtm mIP'L Building, 140 Cecil Street #03-00, Singapore 0106. RTA ,0, -w 7.V [Bangkok "Z. 1 BUNQA TERATAI J93 21/7 23/3 28/7 VESSEL VOY SIN BKK SIN EOEN 301 23/7 25/7 30/7 ™I 23/7 37/7 EQUATOR MAS 13N IA/7 M/ 7 H/T SEA OLORY
      1,489 words
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      Page 37 Advertisements Column 2
      1132 37 iV ben line containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. m Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN C.ty of Edinburgh+ 236 20/7 10/8 A'aa- 248 24£7 9/8
      1,132 words
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      Page 37 Advertisements Column 3
      474 37 MYANMA yBBk HVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gdf MYOMAYWA Vl36* In Pt PATHEIN yum In Pt SAGAING V24W In Pt HPA AN VI64W In Pt PINYA VUSW 18/19 Jul 21/23 Jul PAGAN VI72W 22/25 M THE BANK LINE (A
      474 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      722 40 TO AUSTRALIA/NEW ZEALAND ~«I Sn If rem |M*t> Eyd fiiutk InPE |p CHAIM OCLORtS 2M 23/7 3077 57i l 14/8 i 7/» MARTHA il 275 13 t 19/» 23, 26 30 S 1/9 CHIN HUO4C 276 23/« 30l 4 9 1/9 13/9 15/9 T®7i BRUSSEL 277 S/» 14/9 20 9
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      Page 40 Advertisements Column 2
      875 40 EXTORTuHoSGKoSWiRffiApWScroKLY^^^^^^^^^^MAIACCnTFAIT^EEKnERVIC^^^^^ OUT BOUND VOY PKL PNG MT SIN HKG KAO KEE TYO SM2 NGO KOB~ VtSStL VOY SJW |PKL fNG 81W SW~] ACX DAISY 16 20 07 **15 7 19 7 26 7 30 7 31 7 1 8 ACI DAISY 16 117 20 7 CALIFORNIA CARRIER 7B **22.7 20
      875 words
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      Page 40 Advertisements Column 3
      196 40 ~PTT PERUSAHAAN PELAYAR AN} P® KALIMANTAN i OIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION I NIAGA 42 Voy 11/91 17/18 Jul Jakarta/PaJembant l NIAGA XXM Voy 16/91 19/20 Jul Jakarta Palembanj I NIAGA XXI Voy 16/91 22/23 Jul Jakarta/Patenting l NIAGA 42 Voy 12/91 25/26 Jul Jakarta/Palembanf i
      196 words
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      Page 40 Advertisements Column 4
      1580 40 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA S AGENTS SINGAPORE'S GENERAL AGENTS KOtSIAS AGENTS CHUNG CHIAO SHIPPING SDN BHD COSTAR SHIPPING PTE LTD P-T. GLOBAL PUTRA Kl Til. U*****/I7 FAX *****92. ***** MC LIU INDONFSIA MARITIME f. KLANG TEL 36M106/S TL* :MA ***** SI rX*u» KT Ttt (02n21M7
      1,580 words
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      Page 41 Advertisements Column 1
      771 41 I^RisCSICSKEESiIIIHHI GUARANTEED CONS PL TO:KEELUNG/KAOHSIUNG 21.7.91 HONG KONG 20.7.91 BUSAN 18.7.91 BANGKOK 19.7.91 EUROPE 21.7.91 TOKYO/KOBE/YOKOHAMA 21.7.91 USA 19.7.91 AUCKLAND 21.7.91 FREMANfLE 25.7.91 SYDNEY/MELBOURNE 21.7.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLYN TAV, SOPHIA BAY FAST DIRECT REGULAR SERVICE TO
      771 words
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      Page 41 Advertisements Column 2
      465 41 rr f MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) \jS"\ ETHIOPIAN SHIPPING LINES f (National l ines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOP SPORE ANDINET 24W8 23 08 DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT
      465 words
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      Page 41 Advertisements Column 3
      789 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD FT* 111 ETA SPORE PORT KELANC PfNANG BIU( IMX Sid Loading lor Male KIUVAI HUDHU 30/7 Loading for Calcutta OOt PUN mi Loading For Male PIONEER SUPREME b g loading For Malt DONAKULMt 10/8 loaded For Fekaaru PROGRESS LKRTY 10 Loading lor
      789 words
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      Page 41 Advertisements Column 4
      402 41 SYDNEY/MELBOURNE BANGKOK sfot vm mb. mm wy vmtfOK ammo* PtTA BHUM 1106 22-23/7 4-6/8 8 10/8 MAHA BHUM# 66N Fri U/7 Mon 22/7 PLANETA 9 10/7 22 24/7 26 28/7 K J A BHUM# 19N Man 22/7 Thur 25/7 PtYA WW 1307 20-21/8 2-4/9 6-8/9 CHAIYA BHUM*# 16N Man 22/7
      402 words
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      Page 41 Advertisements Column 5
      375 41 Baagaa thshk VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 166N 20-20/07 27-30/07 04-04/08 TIGER BAY 167N 24-24/07 31-02/08 07-08/08 EAGLE CAPE 015 27-28/07 05-06/08 11-12/08 VSL VOY SMGAPORE/CALCLTTTA/SMGAPORE VESSEL VOY SIN CAL SIN TIGER RIVER 133CN8 Saitod 23 26/07 01-02/08 LHOTSE 405 21-22/07 27-31/07 06-07/08
      375 words
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      Page 42 Advertisements Column 1
      1233 42 S f PORE IMPORT *****02 PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061)*****2 I P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAN/MED PORTS PEN PK SIN PK S,N Colombo 21/7 22/7 23/7 20/7 21/7 22/7 Ldn/Fl*/Rdm/Ant Ourban/Pt Louis 24/7 25/7 26/7
      1,233 words
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      Page 42 Advertisements Column 2
      389 42 1fT fc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLI'FF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK ITT MANDAMA 0600 25 Jul 3 Au( Via NPI
      389 words
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      Page 42 Advertisements Column 3
      1181 42 THONG SOON LINES PTE. LTD. n ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER I CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL ¥0T ETC I BEST VESSEL VOV SPORE
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      Page 44 Advertisements Column 1
      6 44 Read Chartpoint in BT every Saturday
      6 words
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      Page 44 Advertisements Column 2
      138 44 UP. ,3> LIVING IT jss EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
      138 words
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      Page 45 Advertisements Column 1
      103 45 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers u vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Sinjgaporean advertising agencies; it charts and reports on trends in
      103 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      340 45 TIDES AND WEATHER 4 m wmm mmmrnmmmmmmmmmmmm n i ~w> ww i ..mmmmijuu—, TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 *****600 1700 1800 1900 2000 2100 2200 2300 R 13 19 24 2 7 11 24
      340 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      828 46 CHARTPOINT Every Saturday in Business Times HYUNDAI Jk MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FKDtR WY Hi IKE MH ~Ug HAUL VOY LBH OAK S£A UNI HAU. ypT TCM/gA PTI NAN HAI 203 018 14/07 15/07 11/07 H EXPLORER 41E 12/01 15/01 11/01 GOLDEN
      828 words
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      Page 46 Advertisements Column 2
      133 46 PASIR GUDANG/SiNGAPORE TWICE WEEKLY SAILINGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 017S 19/7 20/7 018S 22/7 23/7 019S 26/7 27/7 020S 29/7 30/7 021S 02/8 03/8 022S 05/8 06/8 RASIR GUDANG SINGAPORE (07)*****0/*****1 (02)534-0042 mSSSSS m 7 A m m mhhi DAMAR SEGARA AGUNG LINES VESSEL VOY
      133 words
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      Page 46 Advertisements Column 3
      513 46 CHARTPOINT Every Saturday in Business Times Sailing Singapore Mid August For details/bookings contact: Akber/Ravi Tel: 225 7066 p [nil |m«m |LU low hou ml Icm/ Im Im |<crc OUR USA £T* "0 cOl TT7T Mium mx Tztzit nm 777 1m" TiT uT TsT Til" TIT 77T SERVICE CALLS ***** 11/7
      513 words