The Business Times, 23 July 1991

Microfilm: NL17606
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 16/12/90 Tuesday, July 23, 1991 75*
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  • NEWS SUMMARY
    • Article
      EC starts probe on alleged Thai music pirating
      60 1 BRUSSELS The European Community has opened an inquiry into "massive pirating" of music reeordings in Thailand. A European Commission spokesman said here yesterday that if the alleged damage was proved, the EC could consider retaliating by withdrawing trade concessions to Thailand, or
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    • Article
      Aussie groups were insensitive: Evans
      47 1 KUALA LUMPUR Australian Foreign Minister Gareth Evans said yesterday at the inaugural meeting of the Malay-sia-Australia Business Council that certain Australian groups, including the media, had acted insensitively towards Malaysia and were responsible for the current strained relations between the two countries.
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    • Article
      COE premiums up
      38 1 QUOTA premiums for vehicle Certificates of Entitlement (COEs) for August have gone up in seven out of the eight categories, mainly because distributors are trying to get the COEs before they become nontransferable Page 2
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    • Article
      New direction in work
      37 1 SELF-DIRECTED or empowered work teams are the answer to an increasingly competitive business environment and a new generation of workers who want more say at the workplace, says an American expert Page 2
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    • Article
      KL to set park rules
      35 1 MALAYSIA'S Ministry of International Trade and Industry will be issuing guidelines on specialised industrial parks soon to avoid the over-hasty setting up of such parks by state governments Page 7
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    • Article
      Call to boost efforts
      26 1 MALAYSIA'S Deputy International Trade and Industry Minister has urged his country's exporters to step up their promotional efforts in Australia Page 7
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    • Article
      Debate on competition
      19 1 CAPITOL HILL faces differing views on how best to make American business more competitive Page 9
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    • Article
      New rival for lines
      38 1 SHIPPING LINES whose vessels ply between the Far East and the east coast of South America have a new competitor to contend with on the westbound leg these days. Shipping l imes Page 1
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  • NEWS & MARKETS
    • Article
      Dow lower
      36 1 WALL STREET was mixed early yesterday in a sluggish start to a new trading week. The Dow Jones average of 30 industrials went down 4.24 to 3,012.08 in the first hour of the session.
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    • Article
      Footsie higher
      35 1 SHARES in London were higher at midday yesterday in light trading following better-than-expeeted British retail sales and trade data. At about 1115 GMT, the FTSE 100Share Index was up 10.5 points at 2,552.0.
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    • Article
      Child's play for JCMPH
      31 1 DIVERSIFIED Jack ChiaMPH Ltd is to buy a British video club for children, a move aimed at adding value to its own child play-and-exercise business Page 3
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    • Article
      Firm comes clean
      17 1 JAPAN's fifth largest brokerage yesterday admitted compensating favoured customers for investment losses. Page 4
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    • Article
      UBS branch profit up
      51 1 IN SPITE OF a poorer showing in foreign exchange trading. the Singapore branch of Union Bank of Switzerland said its unaudited interim profit rose 6 per cent rise to 546.85 million from a year earlier, boosted by money market instruments such as interest rate futures Page
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    • Article, Illustration
      STOCK INDICES
      30 1 Monda> Change BT-MGA 715.38 +15.84 Kuala Lumpur 595.85 +3.16 Tokyo 22.705 29 -161.07 Hongkong 3.988.35 -21.00 Sydney 1,570.3 +19.8 Friday Change New York 3.016.32 unch London 2,541.5 -5.8
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7495 100 Yen SS 1.2789 MS SS 0.6289 Money market rates Overnight 4-3/4 1/4 3-month 5-9/16% +1/16
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    • Article
      COMMODITIES
      40 1 London Gold AM fix USS370.10 USSO. 10 Rubber S'pore Aug 142.75'/kg unch M'sia Aug 22 7.50*/kg unch KL Tin Turnover 34 tonnes +5 Spot MS 15.39/kg -0.04 Crude palm oil T urnover 1.471 lots +212 Aug MS844 /tonne 15
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  • Article, Illustration
    Inflationary pressures a cause for concern: Dr Hu
    532 1  -  MAS ANNUAL REPORT By Kenneth James FINANCE Minister Richard Hu has voiced concern over growing inflationary pressures which have come from severe overheating of the labour market in the wake of rapid economic growth. Writing in the 1990/91 Annual Report of the
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  • Article
    Lock icon Britain posts first surplus in 4 years
    109 1 Reuter LONDON Record exports helped boost Britain's current account to a £23 million (5567.9 million) surplus last month from a £522 million shortfall in May, the Central Statistical Office announced yesterday. This marks the first time that the account has been in the
    Reuter  -  109 words
  • Article
    ST index up 35 pts in biggest one-day jump since Feb 18
    264 1  -  By Salil Tripathi THE SINGAPORE stock market is buoyant once again. In the largest singleday jump since Feb 18 (when it rose by 39.43 points), the benchmark Straits Times Industrial Index picked up 35 points to rise sharply.
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  • Article
    MAS reports leap in profits to $1b
    221 1  -  By S N Vasuki THE Monetary Authority of Singapore (MAS) has reported a substantial rise in profit to Si.o6 billion for the year ended 31 March 1991, compared to the $652.28 million in the previous year. The lat- est annual report also indicates
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  • Article
    Lock icon Shipping, rubber bodies protest against new rates
    93 1 Reuter SINGAPORE shipping and rubber trade associations called for government action to prevent more than two dozen container lines from unilaterally imposing new I handling charges for intra- Asian cargoes. Effective July 15. 18 lines introduced a rate rise of SSSO per 20
    Reuter  -  93 words
  • Article
    Lock icon Abu Dhabi acts to block closure of BCCI
    188 1 AFP LONDON Sheikh Zayed bin Sultan al-Nahyan, ruler of Abu Dhabi, yesterday was seeking to block a High Court action by the Bank of England to put the scandalhit Bank of Credit and Commerce International (BCCI) into liquidation. Meanwhile, Prime Minister John
    AFP  -  188 words
  • Article, Illustration
    No job cuts in S-E Asia, say IBM and ICI
    429 1  -  By Genevieve Cua JOB CUTS in the tens of thousands being contemplated by two US and UK giants will not affect operations in South-east Asia. In fact, computer major IBM and chemicals group ICI both plan to hire more people
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      158 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities 24 Money Market 23 Work) News 8.9 Cryptic Crossword 25 Regional Co News 4 Editorial 10 Regional News 7 For market indices, editorial, financial News 6 Regional Stock Markets 22 advertising and circuiatton ex
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    • Advertisement
      Page 1 Advertisements Column 2
      47 1 More reports on Pg 11: Steady growth in a tough year Keeping the inflation dragon at bay Growing at a good rate Hurting I K retailers expect recover}, Fg 8 Majority shareholders take out ad against shutdown, Pg 6 Merger creates third biggest US bank, Pg 5
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    • Advertisement
      Page 1 Advertisements Column 3
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      129 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        SiS Technologies sets up $2m office
        54 2 OCAL computer products distributor SiS Technologies has t up a $2 million regional office at Maxwell House for the »cal market as well as Malaysia, Indonesia, the Philippines nd Hongkong. The office will also house a training centre, hich will enable SiS to expand
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      • Article
        More CPF branches
        96 2 I IE Central Provident Fund (CPF) is to set up two branches •i lam pines and Jurong East. The CPF's nine-storey building t lampines Central 1 will have a gross built-up floor area of >,551 sq metres and will house both the branch office and 'e CPF's
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      • Article
        Japan's Ambassador-designate
        40 2 HE Japanese Embassy announced yesterday that Takehiro •jgo, Japan's Ambassador-designate to Singapore, will arrive eie on Friday. Before this posting, Mr Togo was with the '•nistry of Foreign Affairs as director-general of the Europei and Oceanian Affairs Bureau.
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      • Article
        Talking about excellent service
        49 2 N Asia-Pacific conference to discuss service excellence is ■ing jointly organised by the Singapore Institute of Manage•cnt and the National Productivity Board. The three-day inference in October aims to provide insights on how service cellence can be implemented to achieve a competitive edge id profitability.
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      • Article
        Fair to focus on gifts
        64 2 t Ml Singapore International Trade Fair, Gift Fair and Toy ;ir is being repositioned as the Asian International Gift Fair. Ihe fair will be held in May next year. Show organiser ngapore Exhibition Services' managing director Stephen an said that careful study had shown that
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      • Article
        Delay in telegram services
        64 2 FLEGRAM service to Madagascar will be delayed indefiitely due to a general strike in the capital city of AntananariSingapore Telecom said in a statement. There is no ..idication when service will be resumed. The strike began bout two weeks ago when some 300,000 people in Antananaivo
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    • Article
      Quota premiums hit record levels in six categories
      543 2  -  By Selva Kumar QUOTA premiums for vehicle Certificates of Entitlement (COEs) have gone up in seven out of the eight categories because of what is believed to be desperate attempts by distributors to get the COEs before they become non-transferable. The biggest
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    • Article
      Global cooperation vital to safe civil aviation
      262 2  -  By Dexter Lee INTERNATIONAL cooperation is the key to ensuring a safe and efficient civil aviation environment, said Lim Hock San. the director-gener-al of the Civil Aviation Authority of Singapore, yesterday. Mr Lim, who was speaking at the opening of a fiveday seminar
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    • Article
      Self-directed work teams share a common vision
      338 2  -  By Chuang Peck Ming WORKERS to decide their own raise? Yes, that is as far as self-directed work teams have come. But bosses keen on work teams should not worry. According to Dr Richard S Wellins, an American expert on these matters, workers
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    • Article
      Jack's Place to centralise operations
      201 2 LOCAL restaurant chain Jack's Place, which plans to expand further into HDB estates, will centralise its day-to-day operations at its proposed Jack's Place Centre by next year. The building, still in the planning stage, will be finished by mid-1992 and is expected to cost between
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      456 2 (Incorporated in the Republic of Singapore) ANNOUNCEMENT RESULTS FOR THE PERIOD ENDED 30 APRIL 1991 I. The Board of Directors of ASEAN Fund Limited wishes to announce the unaudited results of the Company for the period ended 30 April 1991: THE COMPANY 1 Nov 90 1 Nov 89 to 30
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    • Advertisement
      Page 2 Advertisements Column 2
      1013 2 UNION BANK OF FINLAND LTD Statement of accounts for the year ended 31st December 1990 Consolidated Balance Sheet <fim miuj Consolidated Income Statement <fim mm.) ASSETS 31.12.1900 31.12.1989 1.1-31.12.1990 1.1-31.12.1989 Liquid assets Income Cash in hand 1 218.8 735.0 Interest income 14 624.2 13 662.9 Due from Bank erf Finland
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      JC-MPH to buy UK children's video club
      394 3  -  Deal will boost business of its Tumble Tots unit By Sylvia Wong DIVERSIFIED Jack ChiaMPH Ltd is to buy a British video club for children, a move aimed at adding value to its own child play-and-exercise business. Tumble Tots. In a statement yesterday.
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    • Article
      Shangri-La to manage its 20th hotel
      130 3 HONGKONG-incorporated Shangri-La International, the privately owned hotel management arm of the Kuok group, has clinched the management contract of a new hotel in Taiwan. The 425-room hotel occupies the left tower of the 41storey Twin Tower Far Eastern Plaza, located in the heart of
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    • Article
      Hong Fok makes the headlines on HK scene
      402 3  -  It completes LET deal, may sell office block near cost By Lee Han Shih HONG FOK Corporation has stirred up a storm in Hongkong's corporate world. At the end of last week, it completed the acquisition of Hongkong-listed LET Pacific, secured approval
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    • Article
      Shareholders confirm sale of Yung Pui shares
      274 3  -  By William Chia AFTER WEEKS of market speculation, the shareholders of Yung Pui Company Ltd have confirmed that they are selling their stakes in the company. Cycle and Carriage Ltd (CCL). in which Yung Pui is a substantial shareholder with a 15.1 per
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    • Article
      DBS Land gets nod for two separate proposals
      225 3 DBS LAND has received the go-ahead from the authorities for two proposals its $100-million floating rate notes (FRNs), and the purchase of 30 per cent equity in Chee Tat Plantations. The property group proposed last month to raise Sioo million in working
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    • Article, Illustration
      Lock icon Gloomy outlook scares investors away from Taipei market
      560 3 MARKET TALK Reuter TAIPEI Gloom is descending on Taiwan's volatile stock market as worries about liquidity, a crackdown on financial crime and shaky overseas markets have made investors wary. The market's weighted index, buoyed by Iraq's defeat in the Gulf War and
      Reuter  -  560 words
    • Article
      DBS Asset widens lead with higher profit
      158 3 DBS CHARITY JMMESTMEN,T<<RACE« DBS ASSET Management continued to lead the nine teams in the DBS Charity Investment Race as of last Tuesday, accumulating profits of $102,309. Its accumulated profits had dropped to $99,038 in the previous week. Merchant bank Wardley Ltd maintained its
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    • COMPANY BRIEFS
      • Article
        Rothmans (M) to sit on large liquid funds
        120 3 PETALING JAYA Rothmans of Pall Mall (M) Bhd has liquid funds totalling MS4SO million (Ss2B3 million) but does not intend to go into active investment at the moment, managing director Datuk Gerald Vessey said yesterday. "We intend to sit on it," he
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      • Article
        Sapura to make card phones
        72 3 KUALA LUMPUR Sapura Telecommunications Bhd is investing some MS 15 million (559.45 million) on a new plant to manufacture credit card phones locally, its chairman, Tan Sri Shamsuddin Abdul Kadir. said yesterday. He told newsmen after the company's annual general meeting here that it had,
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      • Article
        MPI director quits
        23 3 KUALA LUMPUR Malaysian Pacific Industries Bhd (MPI) yesterday announced that Mr Colin Garfield MacDonald has resigned as a board director.
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      • Article
        Appointment at Rashid Hussain
        28 3 KUALA LUMPUR Rashid Hussain Bhd has appointed Mr Seah Fook Chin as company secretary, effective July 12, replacing Mr Ee Beng Wat who resigned.
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      • Article
        SPK's new directors, chairman
        77 3 KUALA LUMPUR SPK-Sentosa Corporation yesterday announced that Mr Zainuddin B Abdul Rahman and Mr Abdul Halim B Zakaria were elected as directors at a board meeting on July 20. At a separate meeting yesterday, Tuan Haji Abdul Wahab B Mohamed Othman was made the new chairman
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      • Article
        Time completes UEM sale
        32 3 KUALA LUMPUR Time Engineering has completed the sale of its 30.5 per cent stake in United Engineers, comprising 150 million ordinary shares of M 50.50. to Renong Bhd.
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    • Article
      Lock icon MBf Finance interim pre-tax jumps 85pc
      236 3 Bernama KUALA LUMPUR MBf Finance Bhd yesterday reported an 85 per cent jump in its group pre-tax profit to M 570.39 million (5544.35 million) for the six months ended June 30, from M 538.06 million a year earlier. Managing director Datuk Loy Hean Hong
      Bernama  -  236 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      500 3 I The MQSI comprehensive digest A directory for I I the business traveller. ENLARGED UPDATED 2nd EDITION HUNDREDS OF NEW BUSINESS CONTACTS US$l7 or HKSI32 incl. post S packaging (Payable to This is Vietnam.) AMEX accepted Address This is Vietnam #38. 3 South Bay Close. Hong Kong Fax orders: (852)
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        HKSE expecting record number of listings for '91
        128 4 HONGKONG The Hongkong Stock Exchange will see a record number of new listings this year, the South C hina Morning Post reported, quoting chief executive Francis Yuen Tinfan. Mr Yuen said the improved market sentiment had encouraged more private companies to go
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      • Article
        Otsuka helped clinch land deal
        119 4 TOKYO Japanese Construction Minister Yuji Otsuka has used his influence to clinch a speculative land deal for a developer, the Mainichi Shimbun reported yesterday. Mr Otsuka allegedly pressured the government of Tokyo's Minato Ward to approve the bid of real estate developer STT Corp to
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      • Article
        Samick executives arrested
        84 4 SEOUL Police said on Sunday that they have arrested two business executives of South Korea's largest musical instrument company on charges of smuggling 1.000 Japanese-made electronic organs into Korea. Police officials said they also were seeking an arrest warrant for Lee Ho-jin, 49, president of Samick Musical
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      • Article
        Mildara buys rest of Wolf Blass
        108 4 ADELAIDE Wolf Blass Wines Ltd said Mildara Wines Ltd has moved to compulsorily acquire the rest of the Wolt Blass shares it does not own. Wolf Blass said Mildara owned 98.74 per cent of its shares at the closure on July 3 of Mildara's
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      • Article
        Inco's furnace repaired
        98 4 JAKARTA Inco Ltd's Indonesian subsidiary said repairs to a damaged electric furnace had been completed and that it was fully operational again. PT International Nickel Indonesia said production of nickel matte had slipped behind schedule by about two million lbs in the time it took to repair
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      • Article
        Kawasaki's Poland venture
        85 4 TOKYO Kawasaki Heavy Industries Ltd is considering assembling motorcyles in Poland, a spokesman for the Japanese firm said. Under the plan, Kawasaki would supply production technology for 100-250 cc engined motorcyles to Swidnik, a Polish manufacturer producing helicopters and other heavy machinery, which would assemble a monthly
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    • Article
      Lock icon N Star receiver sells TV network
      363 4 Westpac unit to issue As24om of loan notes for Channel Ten Reuter I SYDNEY The receiver of Northern Star Holdings Ltd has entered into agreements to sell the Channel Ten television network to Westpac Banking Coip. The receiver, James Millar, of accountants Ernst and
      Reuter  -  363 words
    • Article, Illustration
      Lock icon Japan scandal hits its fifth biggest brokerage
      644 4 New Japan Securities confesses, as Nomura chairman resigns Reuter TOKYO —Japan's brokerages scandal widened with the fifth largest brokerage. New Japan Securities Co Ltd, admitting it compensated favoured customers for investment losses, even as the Nomura Securities Co Ltd chairman announced his resignation
      Reuter  -  644 words
    • Article
      Lock icon NZ govt urged to approve of new company takeover law
      251 4 Reuter WELLINGTON Government approval of new company takeover law is needed to fully protect minority shareholders in listed companies, New Zealand Stock Exchange market surveillance panel chairman Norman Johnston said. "I think we all feel from experience that there still
      Reuter  -  251 words
    • Article
      Lock icon Electronics giants brace tor post-CD audio battle
      549 4 Philips and Sony aiming for identical markets Reuter TOKYO Compact disc (CD) players are not portable enough and cannot record, so the world giants of consumer electronics have come up with the answers. But Philips Electronics NV and Sony Corp have developed different
      Reuter  -  549 words
    • Article
      Lock icon Ex-Marubeni official arrested for alleged fraud
      235 4 He is fifth businessman to be held Reuter TOKYO The Tokyo District Prosecutor's Office has arrested a fifth businessman, a former official of major trading firm Marubeni Corp, in connection with alleged fraudulent deals worth about 3.65 billion yen (5546.7 million) with two small
      Reuter  -  235 words
    • Article
      Lam Soon to set up Viet rep office to sell aluminium cans
      271 4 HONGKONG Lam Soon (Hongkong) is to open a representative office in Vietnam next month to sell aluminium cans manufactured by its Taiwan subsidiary, according to a report in the South China Morning Post. Quoting deputy managing director Stephen
      271 words
    • Article
      Lock icon Brierley, Krondor in option pact for 6.46pc of Carter Holt
      219 4 Reuter WELLINGTON Brierley Investments Ltd said it had entered an option agreement with Krondor Corp Ltd, under which Brierley may call on Krondor to sell its 6.46 per cent of Carter Holt Harvey Ltd to Brierley at NZS2 (S$ 1.98)
      Reuter  -  219 words
  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Merger sealed to form third biggest US bank
      457 5 Reuter CHARLOTTE, North Carolina NCNB Corp said yesterday it has signed a definitive merger agreement with C&S/Sovran Corp to create a new bank called Nationsßank with US$llB billion (Ss2o6 billion) in assets. Bennett Brown, chairman and chief executive officer of C&S/Sovran. will
      Reuter  -  457 words
    • Article
      Lock icon Tenneco may sell its Case unit
      414 5 Reuter HOUSTON Tenneco Inc may be planning a significant asset sale that could include its troubled JI Case farm and construction equipment subsidiary, analysts said. Speculation that Case is on the block has been rampant since the unit suffered a first quarter loss of
      Reuter  -  414 words
    • Article
      Lock icon Japanese firms in US cut capital spending
      226 5 AP TOKYO Japanese firms are cutting back on capital spending in North America, reflecting the recession in the United States, a survey by a leading economic newspaper said yesterday. A survey by the national Nihon Keizai Shimbun of 208 Japanese subsidiaries in the
      AP  -  226 words
    • Article
      Lock icon British Telecom hit by network link row
      219 5 AFP LONDON The second stage of the privatisation of BT, the main British telecommunications company, is threatened by a row over network links, depriving the government's budget of a major infusion in the approach to a general election. BT chairman lain Vallance last
      AFP  -  219 words
    • COMPANY BRIEFS
      • Article
        Lonrho returning to USSR for platinum talks
        42 5 LONDON Lonrho pic is sending another delegation to Moscow to follow up recent talks with Soviet platinum producers on key technical and marketing matters, the Sunday Telegraph said. The Lonrho party will be 20 strong.
        42 words
      • Article
        Coca-Cola plans Berlin centre
        50 5 BERLIN Coca-Cola, the US beverages group, plans to set up a management and logistics centre in Berlin for its activities in Eastern Germany. Coca-Cola will receive investment subsidies for the centre, which will employ some 150 people, from a fund for the improvement of regional economies.
        50 words
      • Article
        EC clears Nokia Data takeover
        43 5 BRUSSELS The European Community Commission said on Friday it cleared the takeover of Nokia Data, the information systems branch of Nokia Oy AB of Finland, by British computer maker ICL pic. ICL is controlled by Japan's Fujitsu Limited.
        43 words
      • Article
        Gillette's international sales up
        89 5 BOSTON Gillette Co said its international group's sales and operating profits for the second quarter increased "well above" the year ago period. For the six months, Gillette said international group sales were virtually unchanged and operating profits were well below the same period a year ago.
        89 words
      • Article
        Algeria, France in fuel plant pact
        60 5 PARIS Algeria's SONATRACH state energy authority has signed an agreement with Total-Cie Francaise des Petroles SA of France and Ecofuel, a member of the Italian company ENI/AGIP Petroli for a feasibility study aimed at building a plant in Algeria to produce 600,000 tonnes of
        60 words
      • Article
        Paris okays VEV rescue plan
        63 5 PARIS The French government has approved a rescue plan for VEV-Prouvost, presented by the textile group's chairman Pierre Baberis. Under the package, VEV's creditor banks will receive 74 per cent of the firm's future dividends, said a source close to the talks. The plan foresees
        63 words
      • Article
        Trafalgar in £114m takeover
        44 5 LONDON Trafalgar House said on Friday evening that it held 63.4 per cent of specialist construction company Davy Corp pic. Trafalgar declared its bid unconditional as to acceptances. Trafalgar made the cash offer, worth £114 million (***** million), last month.
        44 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      151 5 WHO TURNS BUSINESS INTO PLEASURE? THAI ROYAL EXECUTIVE CLASS. YOU CAN DEPEND ON US. At Thai, we like to make all our passengers leel as true to its name, you II be treated no less than royalty So whether you re oft to any one of our 48 Asian though
      151 words
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  • FINANCIAL NEWS
    • Article, Illustration
      UBS to strengthen treasury operations
      331 6  -  Australian specialists in off-balance sheet instruments recruited By Kooi Cho Teng DESPITE a poorer showing from foreign-exchange trading, the Singapore branch of Union Bank of Switzerland (ÜBS) said its unaudited interim profit rose 6 per cent rise to $46.85 million from a year earlier, boosted
      331 words
    • Article
      Lock icon Wardley to issue Hang Seng put warrants
      310 6 Underlying value of the issue is HKs22om Reuter HONGKONG Wardley Ltd, merchant banking arm of the Hongkong and Shanghai Banking Corp, plans to issue 28 million put warrants which would give holders the right to receive cash based on the value of the
      Reuter  -  310 words
    • Article
      Aussie bank signs Euro Certificates programme
      148 6  -  By Diana Oon SINGAPORE Australianincorporated merchant bank Scandinavian Pacific Ltd (SPL), signed an As2oo million (*****.6 million) multicurrency Euro Certificates of Deposit programme on July 17 in Singapore. The programme is guaranteed by SPL's parent bank. Skandinaviska Enskilda Banken (SEB). The facility was arranged
      148 words
    • Article, Illustration
      Lock icon Majority shareholders take out ad against shutdown
      442 6 The BCCI crisis Reuter NEW YORK The majority shareholders of the scan-dal-plagued Bank of Credit and Commerce International, in a paid advertisement in Monday's New York Times, protested against the freezing of its assets and worldwide shutdown of its operations. The Abu Dhabi-controlled
      Reuter; Reuter photo  -  442 words
    • Article
      Lock icon Tokyo branch put under receivership
      156 6 Reuter TOKYO The Tokyo district court has put the assets of the Bank of Credit and Commerce International SA's (BCCI) Tokyo branch under receivership and was likely to liquidate BCCI's Tokyo operations as early as yesterday, a Ministry of Finance official said. BCCI's Tokyo office
      Reuter  -  156 words
    • Article
      Thai firm gets US$11m syndicated loan in S'pore
      202 6 SINGAPORE High interest rates at home have pushed another Thai firm. Metropolis Trust and Securities Company (MTSC). to borrow money offshore. A syndicated offshore loan totalling US$ll million (S$ 19 million) was arranged for MTSC by the Bank of Nova Scotia Asia
      202 words
    • Article
      Lock icon Indebted Kuwaiti banks to merge, says minister
      196 6 Reuter THE Kuwaiti government plans to merge heavily indebted state-controlled commercial banks to save them from financial ruin, Finance Minister Nasser al-Rodhan said in a published interview. Mr Rodhan told the newspaper al-Watan that the government is also thinking of allowing foreign banks
      Reuter  -  196 words
    • SMALL CHANGE
      • Article
        European partners selling bank
        97 6 AMSTERDAM Dutch bank ABN AMRO Holding NV and Belgium's Generale Bank NV are conducting talks with several European banks on selling their jointly-owned Banque Europeenne pour rAmerique Latine (BEAL). an ABN AMRO spokesman said. Spokesman Hans Viool declined to name the potential buyers. Dutch newspapers said
        97 words
      • Article
        Four insurance firms in link-up
        74 6 LISBON Portugal has announced plans to link four of its leading insurance companies in a group led by France's Union des Assurances de Paris (UAP). A government statement said the Cabinet has approved a plan to link the state-controlled Companhia de Seguros Garantia SA with
        74 words
      • Article
        Japanese loan for Soviets
        110 6 TOKYO The Export-Import Bank of Japan and a group of 10 Japanese commercial banks plan to lend US$lOO million (S$ 175 million) to the Soviet Union soon, a bank official said. The loans, which Japan first pledged last December as emergency aid to help prevent serious
        110 words
      • Article
        SecPac unit buys US$1.4b assets
        65 6 LOS ANGELES Security Pacific Corp said its Arizona affiliate. Security Pacific Bancorp Southwest, has acquired the US$l.4 billion (552.45 billion) in deposits and 47 branches of Phoenix-based Southwest Savings and Loan Association. Southwest has been held in conservatorship by the Resolution Trust Corp since February
        65 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      561 6 I SEC li SYSTEMS EDUCATION CENTRE (1983) PTE LTD I LAN Fundamentals (2 Days) 30 31 July 1991 *****.00 This will cover the main basic concepts like the OSI layered model, brief introduction to LAN terminologies as well as an introduction to the various components that make up a lAN.
      561 words
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  • THE REGION
    • Article, Illustration
      Lock icon M'sian govt to issue rules on industrial parks
      579 7 Move to prevent unqualified state govts from setting them up Bernama KUALA LUMPUR The Ministry of International Trade and Industry will be coming out with certain guidelines on specialised industrial parks soon in order to avoid the over-hasty setting up of such
      Bernama  -  579 words
    • Article
      Lock icon Jakarta may invest in Soviet processing plants
      200 7 AFP JAKARTA Indonesia may invest in cotton and palm oil processing plants in the Soviet Union to help boost bilateral trade, officials said yesterday. Coordinating Minister for Economy Radius Prawiro said Indonesia would present these joint venture proposals during talks with a Soviet
      AFP  -  200 words
    • Article
      Lock icon Japan may look to Asian trade group if Gatt talks fail
      529 7 Reuter TOKYO With little hope of concluding the Uruguay Round of talks on eliminating blocks to world trade soon, Japanese officials are growing interested in using an Asian trade group as a safeguard for free trade. The group is
      Reuter  -  529 words
    • Article
      Lock icon M'sian exporters told to strengthen Aussie links
      343 7 Bernama KUALA LUMPUR Malaysian exporters should not only strengthen their commercial networks in Australia but also mount more aggressive promotional efforts to sell in Australia. Deputy International Trade and Industry Minister Chua Jui Meng said yesterday. The Malaysian private sector needed to do
      Bernama  -  343 words
    • NOTE BOOK
      • Article
        ADB approves loan for Indonesian waterways
        58 7 MANILA The Manila-based Asian Development Bank yesterday approved a US$45 million (5578.7 million) loan and two technical assistance grants totalling US$l.25 million to Indonesia for the inland waterways project. The loan will be from the bank's ordinary capital resources. It is for a 25-year
        58 words
      • Article
        Hawke party's popularity rises
        104 7 CANBERRA Prime Minister Bob Hawke's Labor Party is showing signs of recovering its popularity as economic data indicate the recession has bottomed. Labor has 35 per cent support against the conservative coalition's 45 per cent, the narrowest margin between them since the recession was confirmed in
        104 words
      • Article
        Boat people leave Thailand
        67 7 BANGKOK A group of 134 Vietnamese boat people returned home voluntarily from Thailand yesterday after failing for two years to win refugee status entitling them to resettle in third countries. A United Nations High Commissioner for Refugees (UNHCR) official said the group brought to 1,125 the
        67 words
      • Article
        Aussie spill not seen as disaster
        110 7 SYDNEY Officials were optimistic yesterday that Australia's worst oil spill 140,000 barrels of light crude just off its west coast will not become a major environmental disaster. The oil leaked into the Indian Ocean from the Greek tanker Kirki after the ship's bow snapped
        110 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      57 7 ■'jjr v llfea SE^jgKmm/jggggfc The Swiss are perfectionists about accuracy. With Fberhard it isim (Session, x .<• '■*>* k It V\ Su watch-making tradition. A heritage distinguished h\ a unique IPr of purpose thai has put precision and |HE/ performance above all else. y liberhard. The name which others follow.
      57 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Kuwaiti budget to be ready in September
        92 8 KUWAIT The Kuwaiti government's budget for the year to June 1992, delayed beeause of the Gulf crisis, will be ready in September. Finance Minister Nasser al-Rodhan said in a newspaper interview published last Sunday that the government did not want spending in the
        92 words
      • Article
        Taiwanese industrial output up
        102 8 TAIPEI Taiwan's industrial production index surged 7.2 per cent from a year ago to 127.32 last month, reflecting continued growth in the island's economy, the Economics Ministry said yesterday. This followed a revised rise ot 8.66 per cent in May. Unadjusted, the June index (base 1986)
        102 words
      • Article
        Pretoria to decide minister's fate
        136 8 JOHANNESBURG South Africa's Cabinet was expected to decide late yesterday whether Law and Order Minister Adriaan Vlok should quit to defuse a crisis over secret payments to the African National Congress' black political rivals. In a heated television debate with newspaper editor Anton Harber last
        136 words
      • Article
        S Korea, Iran in economic talks
        73 8 SEOUL The South Korea-Iran Joint Committee will meet in the South Korean capital for five days from today to discuss ways to strengthen bilateral economic and technical cooperation. The South Korean Foreign Ministry said yesterday that Trade and Industry Minister Lee Bong Suh would
        73 words
      • Article
        Tokyo may tighten export rules
        74 8 TOKYO Japan's Ministry of International Trade and Industry (Miti) may impose restrictions on exports of materials and manufacturing equipment that can be used for chemical and biological weapons, a Miti official said yesterday. Currently, the ministry tells companies to take care when exporting such materials
        74 words
      • Article
        Pakistani general fears attack
        89 8 ISLAMABAD Pakistan's army chief has said "shadows of war" are looming over the region and he fears India may attack Pakistan over Kashmir. Speaking last Sunday to troops in the eastern Punjab province town of Sialkot, Army Chief of Staff General Mirza Aslam Beg said the
        89 words
    • Article, Illustration
      Japan's biggest commercial complex planned for Osaka
      355 8  -  By Michelle Low SINGAPORE A huge new US$l billion (551.75 billion) commercial complex will open in Osaka in 1994, and it expects to turn in sales of US$3 billion in its first year. The result of a joint venture between the City of
      355 words
    • Article, Illustration
      Lock icon India set to unveil harsh budget and market reforms
      553 8 Government likely to make painful spending cuts Reuter NEW DELHI India is set to unveil its most austere budget in years to cope with a crippling debt crisis while attempting almost revolutionary market reforms to an economy long imbued with socialist
      Reuter  -  553 words
    • Article
      S'pore-based traders stand to gain from new Indian budget
      600 8  -  By Shoeb Kagda SINGAPORE Singaporebased traders who stand to benefit from the new probusiness climate in New Delhi are waiting expectantly for the Indian government to present its budget tomorrow. The budget is likely to contain features to help boost India's
      600 words
    • Article
      Lock icon Hurting UK retailers expect recovery
      267 8 Reuter LONDON Britain's recession continued to bear down on the retail sector last month as sales showed little change after a sharp fall in May, according to a Confederation of British Industry (CBI) survey of the distributive trades. But retailers, who have expressed optimism about
      Reuter  -  267 words
    • Article
      Lock icon Cost of living in China up amid swelling stockpiles
      383 8 AP BEIJING The cost of living in urban areas was up 11 per cent last month over the previous year and state factories' warehouses bulged with unsellable goods, the Chinese government said yesterday. But Zhang Zhongji, spokesman for the State Statistical
      AP  -  383 words
    • Article
      Lock icon Arab offer to lift boycott unlikely to move Israel
      469 8 AP JERUSALEM For 40 years, the Arab world has been trying, with only limited success, to strangle the Israeli economy. According to a recent announcement in Saudi Arabia, the wealthiest country in the 22-member Arab League, the boycott would be lifted
      AP  -  469 words
    • Article
      Lock icon New lease of life for dream of Latin unity
      471 8 AP GUADALAJARA, Mexico Spain, Portugal and 19 American nations have given new life to an old dream by vowing to create a community of nations. The mortar is 500 years of shared language and history mixed with a new commitment to
      AP  -  471 words
    • Article
      Lock icon Congress debates moves to boost US competitiveness
      477 9 Disagreement arises over how far the policies should go NYT WASHINGTON Although members of both parties on Capitol Hill favour policies to make American business more competitive, a debate is emerging over how far to go. Some lawmakers, mostly Democrats, seek a broad
      NYT  -  477 words
    • Article
      Lock icon German employers see pressure for rate rise
      200 9 Reuter COLOGNE West German inflation will top 4 per cent in the third quarter of this year and could reach this level this month, which will inevitably lead to higher interest rates, says the president of Germany's employers' association. In a radio interview
      Reuter  -  200 words
    • Article
      Lock icon Economic recovery uneven across the US
      181 9 AP WASHINGTON Despite a consensus that the recession has ended, economists say some areas of the US will continue to stagger while others bounce back. "The recovery is going to be as varied as the recession was," said Mark M Zandi of Regional Financial
      AP  -  181 words
    • Article, Illustration
      Lock icon Bush meets Turkish leader and something familiar
      87 9 Reuter ANKARA US President George Bush (second from left) and Turkish President lurgut Ozal (extreme left) viewing a l urkish-made F-16 jet fighter at Ankara airport on Sunday just before the American leader's departure for Istanbul. Mr Bush, who was in lurkey for
      Reuter  -  87 words
    • Article
      Lock icon US machine tool makers modernise despite recession
      222 9 UPI CHICAGO While the recession brought hard times to US industry and forced many manufacturers to tighten their belts, makers of machine tools the machines that make factories work experienced little more than a mild slump. That, analysts and industry executives say, is
      UPI  -  222 words
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      Page 9 Advertisements Column 1
      377 9 WHEN IT COMES TO SAVING VALUABLE SPACE AND MONEY, ONLY ONE ELECTRONIC FILING SYSTEM STANDS OUT. o ss*i AND STANDS ALONE. w v HERE'S AN EASY WAY OF SAVING UPTO $15,000 PER ANNUM. about anywhere. In a few minutes. Because it is the only information at an ultra high speed
      377 words
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  • Article
    All set for the green light
    471 10 EDITORIAL FOR well over a decade Singapore businessmen have partaken of the forbidden fruit in Vietnam and Cambodia. Ideologically and economically, the fruit is rotten to its communist core, but that did not deter the businessmen. Doing business in Indochina is fraught with risks,
    471 words
  • WHAT THE OTHERS SAY
    • Article
      Control on the cards
      241 10 STATISTICS provided by credit and charge card issuers in Singapore are persuasive. They suggest that the alarm that was raised in recent weeks over the proliferation of the card here may be somewhat misplaced. Still, the review of the industry being conducted by the Monetary Authority
      241 words
    • Article
      Tighter rein
      110 10 THE collapse of Bank of Credit and Commerce International (BCCI), the fifth largest private bank in the world, is a grim reminder to a financial centre like Singapore. Thousands of depositors around the globe lost their money. What went wrong? BCCI has been able to span the globe
      110 words
    • Article
      Asean's achievements
      157 10 ONE OF the achievements of the Asean Foreign Ministerial Meeting is that it has created a very optimistic atmosphere for the coming summit meeting to be held in January next year in Singapore. What is most noticeable about the meeting is that China's foreign minister and the Soviet
      157 words
  • REGIONAL VIEWPOINTS
    • Article
      Misplaced thinking
      157 10 IT IS surprising how some individuals can distort the East Asia Economic Group (EAEG) proposal out of all proportion. A Japanese academic said it would create "closed and exclusive regionalism". Another professor, from the University of California at San Diego, argued that because economic ties between the US
      157 words
    • Article
      A sorry situation
      152 10 THE disclosure of a leading Japanese company's smuggling of missile parts is not only a major embarrassment for the government's policy to promote a global ban on weapons trade but is also indicative of the recent decline of corporate morals in the country. Japan Aviation Electronics Industry,
      152 words
    • Article
      Last chance to make good
      186 10 THE reinstatement of the customs service as from next month understandably may worry importers and investors who are still feeling the trauma of the pre-1985 period when the customs inspection system was knotted in red tape and corruption. No wonder most businessmen had strongly suggested,
      186 words
  • Article
    Lock icon A geographical fallacy
    1151 10  -  The world is being split apart again this time into trading blocs. But it is not just trade which is causing nations to turn their backs on each other, says Brian Beedham Brian Beedham IHT WE need a word for it. A new way of splitting up
    IHT  -  1,151 words
  • Page 10 Advertisements
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      96 10 mmir^i "TW^^jjj^ It could be a controversial deal between two stock 1/ market stars, a thought-provoking report by M| university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature
      96 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      51 10 DOONESBURY BY GARRY TRUDEAU youf? KMe> ITS FINS-, MOM. HAS IT PBAUUY life PUT THAT'S IT UUi HOW'S YOUR IDON7SVEN I HAV&fT fISEW WNMOMH& I ABOUT WM ON 85 ON YOU IT KN£B,SON? HAVSA Si£PT A LIT Me LOOK AT i I I WHAT IS IT, ANEW I POJNPS WORKS
      51 words
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  • ANALYSIS
    • Article, Illustration
      Growing at a good rate
      758 11  -  In public at least, the MAS has traditionally steered away from economic debate. But its latest annual report includes an unprecedented 'economic theme analysis' section. BTs Economics Correspondent Kenneth James examines two of the principal themes Kenneth James WHEN does fast become too fast? There
      758 words
    • Article
      Keeping the inflation dragon at bay
      387 11 NOT MANY people know that Singapore has had the lowest inflation rate in the world since 1973. A large part of this has been due to the appreciation of the Singapore dollar. the Monetary Authority of Singapore (MAS) argues. The numbers are compelling. Average
      387 words
    • Article, Illustration
      Lock icon Steady growth in a tough year
      1027 11  -  Monetary Authority of Singapore 1990/91 Annual Report S N Vasuki reports on the MAS' analysis of the finaneial sector S N Vasuki SINGAPORE's financial sector continues to leap faster than the overall economy. In 1990 the sector expanded by 22 per cent, two-and-a-half times
      Source: MAS  -  1,027 words
  • Page 11 Advertisements
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      79 11 Ihezky. Heavyweight Superb clarity with paper white VGA display (640 x 480 resolution). 80C286 Performance (12 MHz) Big 8 x 10 inch screen, with 16 shades of grey. Full sized keyboard with separate cursor keys. Fast 20 MB hard disk drive (23ms). SHARP SHARP CORPORATION JAPAN (Villi r> MirroHousc Sharp
      79 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      206 12 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to lO.OOipm daily. a member of
      206 words
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      Page 12 Advertisements Column 2
      309 12 iill PLUM'S **********111 Malaysian Food Festival Make your choice from the tempting array of Malaysian delights presented to you a la hawker style. Give your taste-buds a treat and send them to heaven with Plum's Malaysian Food Festival. There're even souvenirs for you to take home and return air tickets
      309 words
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      Page 12 Advertisements Column 3
      263 12 Seafooo Theatre Restaurant C»ntone*-Thai Cms** 0»- v MAKE NO BONES ABOUT IT. OUI ST^NWAIt VAIUI-KH-MONEY. A rare treat indeed! Exotic Cantonese-Thai cuisine served to you at the most affordable prices In a variety of set menus for 2 10 persons For as little as $50++. Tempted? Call Seafood-Theatre Restaurant. 298
      263 words
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      Page 12 Advertisements Column 4
      301 12 PERFORMED DAILY AT /Q THE PINE COURT Amidst Imperial splendour, our chefs /JgKbX, stage their highly-acclaimed performance of legendary Bel|lng cuisine to the satis- Jjr/ <4' faction of demanding dlners.To guarantee T Hj S *w your place amongst the discerning, make I \1 your reservations early n,| f F Lunch
      301 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      839 12 TELEVISION AND RADIO J SBCI2 11.30 T^S«Xdnm rsu,r > JS Sacmah BUSINESS ON RADIO 1 I A-A I A comic chronidc of a man <Pt 2). iM1 J I mTv 1 7.00 AM CNN International (L). suffering from insomnia be- 9.35 Malay Comedy Gado-Gado BBC, 88.9 mHz in VHF Band
      839 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A flourishing phenomenon
      1042 13  -  Though only 23, Julia Roberts is an old-fashioned movie star with an up-to-the-minute video twist. Caryn James takes a look at why she appeals to her audience Caryn James NYT IS SHE Mary Pickford or Elizabeth Taylor? America's sweetheart or a celebrity tart? Even while Julia Roberts's
      NYT  -  1,042 words
    • Article, Illustration
      Lock icon A belief in the quest for good taste and quality
      838 13  -  Bernard Arnault, chairman of LVMH. the world's largest luxury goods conglomerate, speaks to Suzy Menkes in the week of the Paris haute couture collections Suzy Menkes IHT Q: What is the role of haute couture in the modern world? Are
      IHT  -  838 words
    • Article
      Demi Moore gives birth to a girl
      672 13 CHATTERBOX ACTRESS Demi Moore, whose appearance nude and pregnant on the cover of Vanity Fair prompted some stores to pull the magazine from their racks, has given birth to a girl, her publicist said on Sunday. Scout Laßue Willis was born early Saturday
      672 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      255 13 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 Indian
      255 words
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      Page 13 Advertisements Column 2
      64 13 Cool and cold culinary temptations to seduce your summer palate including Cold Crab "Teochew" Style. Fresh Asparagus on Ice, China China Drunken Chicken Rainbow Cold Dish Combination and many more. Prices from $B.oo+ You don't have to be a member to enjoy fine dining CHINA CHINA RESTAURANT MARINA BAY GOLF
      64 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Lock icon Computerised sleuths for the aching back
      827 14  -  Your secretary says that her back is aching. How do you tell if it is feigned? Computerised machines designed to expose malingerers as well as to assess the extent of legitimate injuries are here to put that suspicion to rest, writes Michael Lev Michael
      NYT  -  827 words
    • Article
      CSA unit wins Ultramarine software deal
      235 14  -  By Dexter Lee Home-grown industrial Offshore Computer Services (IOCS), a subsidiary of CSA Holdings which recently made a public offering of its shares, has clinched the distributorship rights for Ultramarine's range of computer software in eight Asian countries. Besides Singapore, lOCS will market the
      235 words
    • Article, Illustration
      Lock icon Sounding out the bigger catch
      223 14 NYT FOR avid anglers, there is almost no limit to the means that may be used in their pursuit of fish. That has long meant using sonar to "see" the terrain under the boat. Now a new product from Bottom Line, a unit of Computrol.
      NYT  -  223 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      46 14 ■WI J IMjl KvT^vC HRHHHH|| y raHB|H I jw^&SL PBol \zL j I K M K WL -Jg I ■I H ffflP IW j* i -pT~ f HI I I s rj*'* II Hp Jp£ dawMN;» sift* u ;f>"k*fv' ''v V%o' ——i i'* i* .-V w^K»§MSSmißwlSn^n^^HßHi^^^^Mnßi3BiHillHl^HlHHHHi^lH^^l^liHlil^Hl
      46 words
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  • FOCUS
    • Article, Illustration
      A development diplomat
      1058 15  -  Philippine Foreign Secretary Raul Manglapus tells Harish Mehta, who was in Manila recently, why he wants to merge the country's foreign and trade departments. He also touches on the Philippines' stand on the issue of American military bases in the country. The interview was conducted before the
      1,058 words
    • Article
      Why talk about security should not be in whispers
      590 15 IT was a sin to mention the word "security" to your Asean neighbours in the past, says Philippine Foreign Secretary Raul Manglapus. "Any talk about security was taboo. We couldn't talk about it and everybody was going his own way," he
      590 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      393 15 a^iifflll£ ii J aa\ With an infinite spectrum of powerful desktops for your use. I'ntil Septemlier 30. 1991. we are extending special offers why continue to stand alone? for you to migrate to PATII WORKS easily and at significant PATHWORKS THE PERFECT SOLUTION FOR DESKTOP cost reductions. INTEGRATION You tan
      393 words
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  • SPORTS
    • SIDE LINES
      • Article
        Pruitt captures first PGA victory
        121 16 HIXSON, Tennessee Dillard Pruitt fired a 6-under-par 64 on Sunday to win the US$7OO,OOO Chattanooga Classic with a tournament record-tying 20-under-par 260 for his first PGA victory. Pruitt matched the tournament record set by Peter Persons last year. He finished two strokes ahead of Lance
        121 words
      • Article
        Ondieki pulls out of marathon
        73 16 SYDNEY Australia's dual Commonwealth champion and Olympic silver medallist, Lisa Ondieki, will not contest the marathon at the World Athletics Championships in Tokyo next month. Ondieki, formerly Lisa Martin, said yesterday that she decided to withdraw after finishing only eighth in a half-marathon on Sunday.
        73 words
      • Article
        The money-makers
        100 16 BIRKDALE, England Australian lan Baker-Finch shot up the world list after his British Open victory here on Sunday to enter the top 20 for the first time. The Queenslander leapt from 25th to 13th in the Sony Ranking as former British champion Mark Calcavecchia dropped out after missing
        100 words
      • Article
        Farmer-Patrick takes lead
        104 16 NEW YORK Sandra Farmer-Patrick of the US, winner of the women's 400-metre intermediate hurdles at the New York Games for the third consecutive year, has taken the women's overall lead in the Mobil Grand Prix track and field standings. In recording her fifth Grand Prix win of
        104 words
      • Article
        Argentina beats Colombia
        80 16 SANTIAGO Argentina won its first South American title in 32 years on Sunday, scoring a pair of first-half goals and hanging on to beat Colombia 2-1 in the final game of the America Cup. Diego Simeone put the Argentines up 1-0 in the 10th minute and Gabriel
        80 words
      • Article
        Skydivers hurt in accident
        99 16 COLUMBUS, Ohio A skydiving instructor and his student survived a 4,050-metre fall with a torn parachute after an emergency chute apparently opened inside an airplane and dragged them out. The pair, linked for a tandem jump, landed in bushes on Saturday near the Waynesville Airport in
        99 words
    • Article
      Lock icon Hill holds off challenge to win Ameritech title
      312 16 UPI Aurora, Illinois Mike Hill nailed a 4.6-m putt on the 18th hole on Sunday to stave off a late rally by Bob Charles and win the US$5OO,OOO (S$850,000) Ameritech Senior Open by two strokes. Hill, who held a three-shot lead over
      UPI  -  312 words
    • Article, Illustration
      Lock icon Agassi demolishes Korda
      407 16 AFP WASHINGTON Andre Agassi became the first back-to-back winner of the Washington Tennis Classic on Sunday, staging an impressive straight-sets victory over unseeded Czech Petr Korda. While courtside temperatures hit 42 degrees Centigrade, Agassi generated heat of his own with his first serve. Four aces and 20
      AFP  -  407 words
    • Article, Illustration
      Lock icon Baker-Finch savours victory
      931 16 British Open AP SOUTHPORT, England lan Baker-Finch, so mechanical on the course, so emotional ofY, took charge of the British Open on the final day at last and carried away the trophy. He cried when he hugged the trophy, cried more when he spoke to the crowd.
      AP  -  931 words
    • Article
      Lock icon Stich claims first clay court title
      172 16 AP STUTTGART, Germany Wimbledon champion Michael Stich beat Argentina's Alberto Mancini 1-6, 7-6 (11-9), 6-4, 6-2 on Sunday to win the US$l million Mercedes Cup. Mancini took an early lead over a sluggish, distracted Stich. winning the first set with fast backhands, long volleys
      AP  -  172 words
    • Article
      Lock icon King outlasts Okamoto for repeat win
      367 16 AFP NEW ROCHELLE, New York A final round charge by Japan's Ayako Okamoto fell one shot short on Sunday as Betsy King managed to defend her title in the Big Apple Classic. Okamoto, who finished runner-up for the third time this year, scored five
      AFP  -  367 words
    • Article
      Lock icon Argentin wins 15th stage
      332 16 Tour de France AP ALES, France Moreno Argentin of Italy staged a long breakaway and won the 15th stage of the Tour de France on Sunday by more than a minute while Miguel Indurain of Spain maintained his overall lead as the race entered its final
      AP  -  332 words
    • Article, Illustration
      Lock icon Capriati upsets Seles
      432 16 AP MAHWAH, New Jersey Monica Seles took five weeks off from work and paid the price on Sunday when she lost the Pathmark Tennis Classic. Seles was beaten by Jennifer Capriati 6-3, 7-5 in a 70minute match that clearly showed the No 1 player is far from
      AP  -  432 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      ST Index surges to 1,491 pts in brisk trade
      4829 17  -  By Salil Tripathi SINGAPORE'S stock market woke up with a start yesterday, closing higher on a broad front in brisk trading. Three factors helped pull the market by the bootstraps: the nostalgic attachment to the National Day rally, the buoyancy from
      4,829 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3528 18 Main Board SIA 1360 40 3 0% DBS Foreign 1320 30 2 3% KAN 825 30 3 8% SHI I 900 25 2.9% Singmarinc 50* 520 +24 +4.8% l &N Wt 171 *22 14 8% SIA I oreign 1950 1 20 I U% SPH Foreign
    3,528 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Investors turn cautious following dip in Tokyo
      3996 19 Bernama SHARE PRICES in Kuala Lumpur ended mixed to slightly easier yesterday in a market laeking direction following the softer trend on the Tokyo bourse. The KLSE Composite Index rose 3.16 points to 595.85 on index-linked buying while the Industrial Index added 3.52
      Bernama  -  3,996 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      93 19 M J onagers /I/I w lanage BT shows you how every Monday. S\v .v 1>*, e? o 3L Birth to 1 When to drop the night feed 1 -year-olds Will adult talk produce a cleverer child? 2-year-olds How to cope with his "I want it now!" 3 and 4 Should
      93 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      259 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('OOO) (cents) Fransmarco Jul 16 Mar 91 $8 545($9 243) 34 2(37 0) 6(6) General Corpn hjl 12 Ian 91 M$4,700($4.219U 19(-) H Leong Fin Jul 12 Dec 90 J36.762(534 858) 16 4(15
      259 words
    • Article
      PRELIMINARY RESULTS
      250 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) V% Kamunting Corpn Jul 19 Mar 91 MS21.011 (S15.410) 1.1(1.0) 1.5(1) Pelangi Bhd Jul 19 Mar 91 M$22.583($14,247) 68(49a) 10(7 5a) Sel Dredg Jul 18 Mar 91 M$9.331($2,685e) 2 6(04) 3(2)
      250 words
    • Article
      INTERIM RESULTS
      203 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) CASH Jul 18 Feb 91 M$1,182($669L) C Properties Jul 11 Jun 91 $5.029($2 867) 20(20) Ganda Hldgs Jun 25 Mar 91 MS554L($3.2371) Asia Pacific Jun 21 Mar 91 S59.214<S48.108) 14 5(154) F&N Jun 21 Mar 91
      203 words
    • Article
      CORPORATE DEVELOPMENTS
      726 20 Jul 17 IGB Corpn and a businessman linked to the ruling UMNO party have dropped a takeover bid for Malayan United Industries Bhd Scotts Holdings and Stamford Tyres International have received in principle approval for listings on the Stock Exchange of Singapore, trading on the main board and
      726 words
    • Article
      DIVIDENDS ANNOUNCED
      680 20 Current Ex Books Date Total for Total <or payment date close payable the year last year Amcol 25c 10% Jul 5 Jul 17 Jul 31 10% 10% AMFP NYA(e) Jun 19 Jul 4 Aug 15 NY A 28C AJei Hdp 50c 6%(b) Sep 4 Sep 16 Sep 30
      680 words
    • Article
      RESULTS DUE
      592 20 Main Board Last Full Year Company Period Date Year Net EPS Gross Net announced endnj (cents) dw profit last year (J'000) Cerebos Interim Apr 27 tu! 91 12 6 20 OTE(a) 38.911 Spore Land Interim May 4 Dec 91 12.6 100 44,641 (g) SNP Interim Jul 26 Dec
      592 words
    • Article
      APPROVED ISSUES
      403 20 Company Rights Issue Alcom One for two (<i MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MSO 10 each at MSI per share with 10m detachable ISR on the basis of I CRPS with 1 fSR for every 4 CRPS Eidate fun 1
      403 words
    • Article
      PROPOSED ISSUES
      495 20 Company Rights Issue Aliance lech One tof one SI 00 per share Bolton Issue of J90 9/8m nominal amount ol 3 5% Redeemable Unsecured Guaranteed Bonds 1991/% with 45 489m detachable warrants on the basis of S2 nominal amount of Bonds for every three eusting shares held I
      495 words
    • Article
      BONDS, LOANS & WARRANTS
      801 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share fkrwi Wt Before 30/6/94 1 warrant plus HK$1 00 cash CIC Wt Before 26/4/93 1 warrant ptus (309 cash Causeway Loan Causeway Wt 2/10/89 to 20/l0/94 1 warrant plus JO 7/ cash or 1 warrant plus $0 77
      801 words
    • Article
      COMPANY MEETINGS
      364 20 GB Holdings Ltd: AGM at the registered office, 26 Jalan Terusan, Jurong Town. Singapore 2261 on Wednesday. July 24. at 10am. Transmarco Ltd: AGM EGM at 65 Chulia Street, #33-00 OCBC Centre, Singapore 0104 on Friday. July 26, at 11 30am Heiza Corpn Bhd: 22nd AGM at Kayangan
      364 words
    • Article
      RECORD HIGHS & LOWS
      190 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 l*t 1333 08 3/6/91) J 99 nlnnl sss :gs is 5 ass isss; 1990low 981 07 09/11/90) j 99 !*m2o! 1989 htfh: *****0 (28 12/89) JJJ J87g W 1989 km ***** (4/1/89) 9 g 030 69 4.1 89 1988 h.|h:
      190 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      101 20 \777Tr-.-.r».11 could be a controversial deal between two stock market i stars, a thought-provoking report by university researchers on latest trans-European merger. FOCUS /(X)ms in on the news and issues of the day and U (X)^S al l^cm n niorc depth and breadth. FOCUS is the news feature section of
      101 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices slip as market sees lowest volume in 7 years
      2246 21 Reuter TOKYO STOCKS ended easier yesterday after a day of choppy trade, with volume the lowest in almost seven years. Brokers said what little activity there was came from arbitrage traders, and that most investors were sidelined by the lack
      Reuter  -  2,246 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market takes a breather after Friday's record high
      2020 21 Reuter HONGKONG stocks closed easier yesterday in a generally featureless day dominated by profittaking of property counters, brokers said. They said selling was centred on shares which have led the market's recent surge like Cheung Kong, Sun Hung Kai and other blue
      Reuter  -  2,020 words
  • Page 21 Advertisements
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  • REGIONAL STOCK MARKETS
    • Aussie market soars to 11-month high
      • Article
        AUSTRALIA
        911 22 AUSTRALIAN shares yesterday shrugged otT three weeks of inactivity, soaring to 11-month highs after local and overseas investors rushed to buy leading stocks. Buying orders triggered by hopes of a further cut in interest rates sent the All Ordinaries Index up 19.8 points to 1,570.3, its highest since last
        911 words
      • Article
        BANGKOK
        811 22 THAI STOCKS rallied strongly in heavy trading yesterday with finance issues leading the broad-based advance. The SET Index jumped 33.28 points to 710.61 on a turnover of 4.63 billion baht. It was the highest gain of the index in a single trading day since March. "It has risen too
        811 words
      • Article
        JAKARTA
        673 22 PRICES hardly moved in Jakarta yesterday, reflecting the lethargic economic conditions gripping the country, brokers said. One broker said the market failed to revive even in response to a local newspaper report the Finance Minister had ordered state banks to cut interest rates to 18 per cent from 24
        673 words
      • Article
        TAIPEI
        461 22 SHARE PRICES in Taiwan finished sharply lower as nervous investors continued Saturday's selling and weakening financials further dampened the sentiment, brokers said. The weighted index plunged 252.29 points to end at 4,895.84 compared with Saturday's 5,148.13 close. Turnover was a light NT523.3 billion against NT$l4.9 billion. Dealers said sentiment
        461 words
      • Article
        SEOUL
        732 22 SEOUL STOCKS continued to rise for the second consecutive session yesterday with both trade volume and turnover hitting the year's high due to investors' optimism about future trading. "Most investors seemed to be optimistic about future trading and active institutional support helped recent rally," a Dongsuh Securities broker said.
        732 words
      • Article
        NEW ZEALAND
        358 22 NEW ZEALAND shares ended slightly lower but Telecom, which listed on Thursday, remained well-bid. Trade was quite active but most leading shares were a touch weaker. Murray Doyle of Doyle Paterson Brown said there was no particular reason for Fletcher Challenge easing five cents to A 53.77 other
        358 words
      • Article
        Untitled
        828 22 ("lose Previous July 22 AUSTRALIA All Ordinaries Index 1,570.3 1,550.5 +19.8 All Industrials Index 2,369.1 2,361.7 +7.4 All Resources Index 928.9 926.3 +2.6 Turnover (million) 101.2 102.6 -1.4 BANGKOK SET Index 710.61 677.33 +33 28 Turnover (million baht) 4,630 3,300 +1,330 JAKARTA Composite Index 324.90 322.94 +1.96 MANILA Composite Index
        828 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Tight money may force Fed to act: analysts
      587 23 NYT NEW YORK Credit market analysts say the slowdown in the growth of an important monetary aggregate, if it continues, may force the US Federal Reserve Board to lower short-term interest rates. For the most part, in the last month most market
      NYT  -  587 words
    • Article
      Lock icon Belgian bond market row with Treasury hots up
      471 23 Reuter BRUSSELS The Belgian bond dealers' dispute with the Treasury intensified last Friday when it accepted noncompetitive bids above the market rate after rejecting lower offers at auction. The Treasury on Thursday refused to accept bids ranging from 95.80 to 96.50 for
      Reuter  -  471 words
    • Article
      Lock icon Market signals will decide rates cut in France
      166 23 Reuter PARIS Signals from the currency market over the next few weeks will be the key to any move to cut French interest rates, French Finance Minister Pierre Beregovoy says. In an interview with financial daily newspaper La Tribune de I Expansion
      Reuter  -  166 words
    • Article
      Dollar probes resistance at 1.76 marks in London
      564 23 REPORTS THE DOLLAR built on early gains to tentatively probe resistance at 1.76 marks in early London trading yesterday although trade was thin with the market uncertain on the US unit's near term outlook. Some traders believe the real dollar selling seen
      564 words
    • Article
      FINANCIAL FUTURES
      1233 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 93 77 93.78 93.76 93.76 2910 ***** 4694 Se| Dec 91 93.18 93.19 93.17 93.17 2710 ***** 3532 Dt Mar 92 93.13 93.14 93 11 93.11 1605 ***** 1953 M; Jun 92 92.74 92.74 92.72 92.72
      1,233 words
    • Article
      INTERBANK FOREX RATES
      400 23 Cross rates Jul > 22 USS SS MS Dm Yen SFr AS NZS JJSS 1.7495 2.7800 1.7510 136.50 0.5924 1.5135 1.2862 1.7606 SS 0.5716 1.5890 1.0009 0.7802 0.3386 0.8651 0.7352 ***** MS 0.3597 62.93 0.6299 0.4910 0.2131 0.5444 ***** 0.6333 Dm 0.5711 0.9991 1.5877 77.% 0.3383 0
      400 words
    • Article
      MONEY MARKET
      537 23 Interbank rates S$ Bid Offer Overnight 4 3/4 1-month 5 1/2 5 5/8 2-month 5 9/16 5 11/16 3-month 5 9/16 5 11/16 Overnight mode: 4-3/4 I s$ Bid < )ffer 7 days 5 15/16 6 1/16 1 month 5 15/16 6 1/16 2 months 5 15/16 6
      537 words
  • Page 23 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Gold producers debate impact of forward sales
      392 24 Reuter JOHANNESBURG South Africa's leading gold mining executives believe gold is set to rise, but differ on whether hedging by their own industry could brake a recovery. "I was cautiously optimistic three years ago. I'm less cautious, more optimistic now (about a 1990s
      Reuter  -  392 words
    • Article
      Lock icon US sees more layoffs as gas prices fall to lowest in decade
      317 24 UFI NEW YORK The lowest natural gas prices in more than a decade are bringing about another round of oil company downsizings, an oil industry newspaper says. The Oil Daily said further downward pressure on prices could be
      UFI  -  317 words
    • Article
      KL tin price eases as larger stocks undermine sentiment
      861 24 REPORTS THE PRICE of tin eased four sen to M$ 15.39 per kg on higher offerings on the Kuala Lumpur Tin Market yesterday. Dealers said the market was affected by last Friday's easier trend on the London Metal Exchange, where the
      861 words
  • Article
    PRICES
    1392 24 Rubber j u i y 22 ms (fob In Mwj S cents/kg Noon Close Int 1 RSS Prompt I4I.75/I42.75N 141.75/142 75N Int I RSS Aug 91 142.75/143.25 142.75/143 25 Int 1 RSS Sep 144.25/144.75 144 25/144.75 Int 2 RSS OP 14I.75/I43.75N 141.75/143 75N Int 3 RSS OP 139.75/141.75N 139.75/141
    1,392 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      242 24 BUSINESS TIMES TELEPHONE: 730-5 771/3 772/3773 PAX: 734-4982 UNITED INDUSTRIAL CORPORATION LTD (incorporated in the Republic o» Singapore) LOST SHARE CERTIFICATES Appl leal ions have been made to the Directors oi the abownamed company to issue duplicate share certificates In place oi the following snare certiticales which have been reported
      242 words
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      Page 24 Advertisements Column 2
      11 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1143 25 City Flight ETA Flight ETD Mm Dhabi GA893 1025 GA892 0110 Adelaide SQ228 2000 QF82 2200 Amman RJ183 0030 Amsterdam GA893 1025 SQ24 0100 KL837 1255 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 NZ35 1550 SQ388 2015 N236 2330 Bandar Seri SQ181 1410 SQ 182
    1,143 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Memories of a Muslim Spain
      760 25  -  LETTER FROM GRANADA By Sree Kumar Granada. The name evokes a certain passion. This was the city where the Moors made their last stand against a Christian Spain. In 1492, Muslim Spain receded and the last vestiges of a unique history, lasting 700 years, vanished
      760 words
    • Article
      MONEY CHANGER RATES
      151 25 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.350 1.370 Canadian dollar 1.500 1.5300 NZ dollar 0.9800 1 .0100 Sterling pound 2.940 2.9700 US dollar 1.7470 1.7570 Local dollars to 100 units of foreign currency Austrian schilling 14.00
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      93 25 Duration Title Venue Organiser Tel J Duration Title Venue Organiser Td Aug 6-9 IV Jewellery Bmcmx Aires. Kout lleinlein *****1-9413 Aug 21 Building Hilton Inter- The Institute *****21 International Argentina Asociados SA 22 Profitable national Kualaof International Exhibition Brands Lumpur Research Aug l»-20 International (iermany Mode Woche-
      93 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      246 25 Slip covers (7) |H| 5 A slight injury that no ■(■___JML_.BM__^ .BBL_handicap (7) 9 I I I I I I I i I 9 The sextet's in terribly LmJ poor condition 10 The lout gone astray was mixing with criminals (7) very the game j|^L— ster? (9) 6 Pulled out
      246 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      202 25 Singapore Outlook: Showers over several areas in the morning Report: Maximum temperature 30.0° C Assoc humidity 70% Minimum temperature 25.6° C Assoc humidity 93% Hours of sunshine 3.45 Rainfall in mm 2.3 Rainfall this month 33.2 Rainy days this month 7 World forecast Asia-Pacific Hi/I.©* Cond. Auckland 12/07 Goudy Bangkok
      202 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      29 25 (cr\iF&\i Time, HC V/JPmxS turooGH TWC DOO^ fJ i lir M m —v, .rps V j (uPTR>I TMRT A O EVENING STANOARO CO. LTD., IM2-1991 0473 A |Ef I
      29 words
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  • Article
    Dialogue partners call for forum on regional security
    507 26  -  Asean Post-Ministerial Conference From Yang Razali Kassim in KUALA LUMPUR ASEAN's dialogue partners yesterday proposed a forum on regional security that would revolve around the regional grouping's links with seven largely industrialised countries. Asean foreign ministers, however, do not appear ready to
    507 words
  • Article
    Invitation for bankers to observe US markets
    128 26 KUALA LUMPUR The US is to invite senior banking and financial executives from Asean to observe at first hand the operations of capital markets in the US. This was disclosed by US Under-Secretary of State Robert Zoellick in his opening speech on behalf
    128 words
  • Article
    Ministers debate support of SNC
    187 26 KUALA LUMPUR Ascan foreign ministers and their dialogue partners yesterday debated the level of support they should provide to the Sihanouk-led National Supreme Council (SNC). BT understands that during the first round of closed door talks between Ascan and the partners attending the Post-Ministerial Conference,
    187 words
  • Article
    Move to involve Chinese firms in HK airport deal
    418 26  -  From Catherine Ong in HONGKONG CONTRACTORS bidding for a HKS7 billion (551.57 billion) road link to Hongkong's new airport project will be asked to reconsider their consortium partners to enable Chinese construction firms to compete for the project. In his maiden
    418 words
  • Article
    S'pore prepared to invest in various HK sectors
    449 26 SINGAPORE believes China's intentions on Hongkong are sound and is prepared to put its money where its mouth is including investing in the colony's container port project and oil-service related activities. Finance Minister Richard Hu has said. The government has said it
    449 words
  • Article
    No drive to merge banks
    103 26 WORLDWIDK trends point towards consolidation in the banking industry, and there are clear advantages to si/e. But the government is not promoting bank mergers in Singapore, said the Finance Minister, Dr Richard Hu. "At the moment. «e are not pushing anybody in that direction," he
    103 words
  • Article, Illustration
    When silence is not golden for URA
    695 26  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a BT correspondent IT IS GETTING to be a tired old story. Again, a developer has been burnt in its dealings with the Urban Redevelopment Authority (URA). Again, the circumstances suggest
    695 words
  • Article
    Lock icon Baker urges Israel to seize 'historic opportunity' in talks
    336 26 Reuter JERUSALEM US Secretary of State James Baker said yesterday that he hopes Israel wil soon accept American proposals for peace talks with Arabs and called on the Jewish state to seize an "historic opportunity". Israeli Prime Minister Yitzhak Shamir's office
    Reuter  -  336 words
  • Article
    Lock icon Aquino to nation: Defend democracy
    144 26 AFP MANILA President Corazon Aquino, delivering a valedictory 11 months before stepping down, yesterday urged Filipinos to defend democracy and promised free and peaceful elections in 1992 as her main legacy. "I honestly did the best I could. No more can be asked of anv
    AFP  -  144 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      156 26 Baume Mercier GENEVE 1830 IP/ J un ir>«.n A MITSUBISHI PENCIL CO.. LTD. JAPAN iji# What We Have Done M I|||# To Give You These I if// Fine Liners > Step 1: f/ jm First we make their metal ball tips jw highly durable to acquire instant I writing §/W
      156 words
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      Page 26 Advertisements Column 2
      107 26 JIL Baume Mercier GENEVE 1830 If? Individual, joint venture or outright purchasers/partners are invited to develop a 3000acre piece of prime tourist oriented development situated in Genting Peras, 60 kilometres or an hour's drive south east of the Kuala Lumpur City Centre. This resort will comprise a 27-hole golf course,
      107 words
    • Advertisement
      Page 26 Advertisements Column 3
      11 26 Arab offer to lift boycott unlikely to move Israel, Pg 8
      11 words
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  • Shipping Times
    • Article, Illustration
      New service on Far East to S America east coast route
      390 27  -  By Dexter Lee SHIPPING LINES whose vessels ply between the Far East and the east eoast of South America have a new competitor to contend with on the westbound leg these days. German carrier Peter Cremer Befraehtungskontor, better known
      390 words
    • Article
      Lock icon Japan may gain bigger US car market share: GM chief
      307 27 AFP DETROIT The US auto industry has yet to recover from the recession, and when it does, Japan will capture a larger chunk of the American car market, the president of General Motors said last Thursday. "We are not through
      AFP  -  307 words
    • Article
      Lock icon Mitsubishi close to plant deal: report
      271 27 Reuter DETROIT Japanese automaker Mitsubishi Motors Corp is close to a deal that would give it control of a car assembly plant that it built jointly with Chrysler Corp, the Detroit News reported last Sunday. Chrysler, in need of cash, has been rumoured for
      Reuter  -  271 words
    • Article
      Lock icon Sapura hand-free phone meets German standards
      155 27 Bernama KUALA LUMPUR Sapura Telecommunication Bhd's latest version of handfree phones have met the stringent German specification, making it the first foreign manufacturer to get German type-approval on the first try, a Sapura official said last Saturday. Sapura Holdings Sdn Bhd managing director, Mr
      Bernama  -  155 words
    • Article
      INDEX TO ADVERTISERS
      896 27 Page Col ABC Containerline 12 I Accord Group 8 I -3 Aeropak Exprevs 9 5 API. 5 3-5 ARC Line 13 5 •ASCL 5 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient L ine 7 4/5 Batamindo 14 4 Bangladesh Shpg 8 5 The
      896 words
    • Article
      Earl Shipping buys two more multi-purpose ships
      268 27  -  By Magdalene Phang HONGKONG shipowner and operator. Earl Shipping Ltd, has purchased two mul-ti-purpose tweendeckers, bringing its fleet size to eight. The two ships, the Char Hwa and the Char Ming were purchased from China Shipbuilding Corporation through an auction in Taiwan. Both
      268 words
    • Article
      Korean firm and Berger Paints Singapore tie up
      382 27  -  By Genevieve Cua IN ITS first effort to internationalise its expertise in marine coatings, South Korea's largest paints manufacturer has entered into a technology licensing agreement with Berger Paints Singapore. The agreement, under which Korea Chemicals Co will supply products and technology
      382 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        New Sino-Soviet rail line begins freight runs
        152 28 BEIJING Freight service has started on a major new rail line between north-west China and Soviet Central Asia, the Xinhua news agency reported. The Chinese line in Xinjiang region connects with a line in Kazakhstan, which in turn feeds into the trans-Siberian railway.
        152 words
      • Article
        Greater Jakarta-KL cooperation
        114 28 PORT KLANG Indonesia hopes to enhance cooperation with Malaysia to facilitate technology transfer in the maritime and port management fields. Indonesian Communications Minister Azwar Anas said last Saturday that both countries needed to upgrade their technology to be on par with western countries in those fields. Asean-based
        114 words
      • Article
        China builds jet repair facility
        80 28 CHENGDU China last week started building its largest aircraft repair warehouse in Chengdu, capital of Sichuan province. The construction of the repair warehouse indicates that China is stepping up its efforts to become self-re-liant when it comes to repairing civil aircraft. Designed and built by
        80 words
      • Article
        VW share placement, listing
        112 28 ROME The placement of shares in German car maker Volkswagen AG and the stock's listing on the Milan bourse is expected to take place in September or October. Banca Commerciale Italiana SpA president Sergio Siglienti, whose bank is organising the placement, said last Friday that the
        112 words
      • Article
        Nissan raises import target
        83 28 TOKYO Japan's Nissan Motor Co Ltd said last Friday that it had upwardly revised its import target by 20 per cent to US$95O million for next year, and by almost 50 per cent to US$l.l billion the following year. The company also said purchases from US
        83 words
    • Article, Illustration
      Lock icon Counterbid for Pan Am
      1366 28  -  TWA and American Airlines have come up with a joint bid for troubled Pan Am, who earlier accepted an offer from Delta Air Lines to buy some of its routes. Stephanie Strom reports Stephanie Strom NYT TRANS WORLD Airlines and American Airlines was planning to make
      NYT  -  1,366 words
    • Article
      DAILY FREIGHTS
      257 28 DRY CARCiO freight rates were slightly easier in a quiet market on Thursday, brokers said. But underlying sentiment was steadier on expectations of Soviet and Chinese chartering following recent purchases, they added. The Baltic Freight Index eased six points to 1.523 with the Skaw Passcro/Far Fast grain route
      257 words
    • Article
      THE SHIPPING GUIDE
      12633 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,633 words
    • Article
      SHIPPING AGENTS
      3327 41 AIBC Containerline NY: Belsin Shpg -Agencies Pte Ltd (SVMartne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Mbatrus Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,327 words
    • Article
      COURIER SERVICES
      251 41 Abtcus Couriers Tel: 545-8011. Fax: *****98 Air Express 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. it)-link International Tel: 344-3377. Fax: *****50. Cluster link Supplies Services Tel:
      251 words
    • Article
      AIR FORWARDERS
      1533 41 Abex I xpress 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-***** Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Fx press Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74.
      1,533 words
    • Article
      PORT CONDITIONS
      416 42 15 vessels in port. Aqaba 12 discharging and 10 vessels idle at anchorage, of which eight have no cargo on board and two have cargo for Jordan. 17 vessels in port. Aratu Solid bulk terminal two vessels berthed and two waiting, delay one day. Liquid bulk terminal no
      416 words
    • Article
      SHIP SALES & TANKER RATES
      756 42 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk carriers l mnoglu: 15,878 dwt and built 1976, on offer at USS4.S million. Oceanic Spring: 38,323 dwt and built 1980. Strahlhorn: 66,510 dwt and built 1976. Shetterdeckers Alexandra: 14.841 dwt and built 1969. Splendid Fortune: 14,970 dwt and built 1974, on offer
      756 words
    • Article
      AIR FREIGHT SCHEDULE
      465 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type FID T To TODAY TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL FDX FM22 DC10F 0335 1 TPE/NRT/ANC JAL JL6I7 B747F 0345 I NRT NCA
      465 words
    • Article
      CRUISE & FERRY SCHEDULES
      362 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA K'll) Ports of Calls Pott Agent JULY 25 25 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 26 26 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 29 29 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 30 30 Cora Princess 1000
      362 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        594 43 VwmI toy No Berth Arrival Departure I Vessd Voy No Berth Arm* Departwe Marina Terminal 1 Umi No 8 V15/91 P10 2307/0900 24 07/0900 M03 ator*stoe 23 07/2300 I 08/91 P04 2307/0700 2307/1500 Batam Sayang *****1 M03 alongside 2307/2300 c-_K«« a n« Batamindo 1 71S M01 alongside
        594 words
      • Article
        IN MALAYSIAN PORTS
        221 43 Johore Port Palm oi berth outer: Mangola. Pakn oi berth inner: nil. Berth: 1: Bunga Mas; 2: Tung Long; 3: Da Jin Chuan; 4: Mner a berth: nil. Neptune Sardonyx, 5 Kota Akhbar, 6 Bunga Gelang. Service jetty: Ena Supply Tunda Eastern Capital. Oi jetty: Owl Transporter,
        221 words
      • Article
        CONTAINER SCHEDULE
        983 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofciit/Balance Rstts Sfy Voy No Etb/Btr Period From To From ACX Lily 13A 24/1100 1 22/1500 22/1659 22/1900 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 Ad Goncharov 40MF91 24/0700 1 22/1500 22/1659 22/1900 3 23/0700 23/1159 23/1400 4
        983 words
    • Article, Illustration
      Lock icon Australia starts clean-up of its worst oil spill in history
      356 44 AP SYDNEY Salvage workers began spraying dispersal chemieals on Australia's worst oil spill yesterday as offieials considered whether to sink a Greek tanker crippled in the Indian Ocean. Capt Richard Purkiss, chairman of the Western Australia state Oil Pollution Combat
      AP  -  356 words
    • Article
      Lock icon America West plans route cuts, layoffs
      264 44 Reuter PHOENIX, Arizona America West Airlines Inc said it plans a major route restructuring, effective Aug 1, that will result in an unspecified number of layoffs. America West, which filed for Chapter 11 on June 27, said it will stop operations at New York's
      Reuter  -  264 words
    • Article
      Lock icon Lockerbie tragedy: bag switch theory
      193 44 Reuter LONDON The bomb which blew up a Pan Am airliner over Lockerbie, Scotland, in 1988 may have been taken aboard by a courier for a US "drugs sting" who had his bag switched at Frankfurt airport, a British newspaper said yesterday. The Times said
      Reuter  -  193 words
    • Article
      Lock icon Panama's free trade zone opens but protests continue
      244 44 UPI PANAMA CIT.Y The Colon Free Zone opened last Friday after being closed two days by striking truck drivers, but some truckers continued to threaten drivers entering the zone, officials said last week. "We are open and traffic is going in and
      UPI  -  244 words
    • Article
      Lock icon CNN to open 3 more bureaus
      276 44 AP NEW YORK Cable News Network has announced it will open new bureaus in India, Brazil and Jordan, an expansion that comes at a time when the major US networks are cutting back. The 24-hour news service also is considering opening other bureaus in
      AP  -  276 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      27 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Asso- \tmSrMtl ciabon. For advertising enquiries, contact Shipping limes Tel 740-20H9/740-2(m
      27 words
    • Advertisement
      Page 27 Advertisements Column 2
      146 27 BSWIE HENG METAL CO PTE LTD 11 ruA3 Ave M. SINGAPORE 2»1 TEI£X RS ***** SHMCPt. TEL: 861 MSS(SmM« teiefa* mi w*t yd\ FuW rang* of UHI ACtXT fO» mfc torhl<»itan» |;t MJ jjj km»MlanM Ik Tarqu* tMuraw. HAUtSU //U^ Coov«lo» lIIAILANO, ptOONf.HA OteMl LPO rMiirrMi HovMrt and SM»« 11^2^
      146 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      88 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management coneepts 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 at
      88 words
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      63 28 NOTICE NOTICE M.V. PACIFIC GRACE VOY. 1 ARRD SINGAPORE 12.7.91 Conagneea of all damaged cargoea ex the crooned veaael u hereby notified that a general aurvey will be held oo the 241h July 1991 (Wednesday) PaiJr Panjang at PTIIO9OO-1200 houn No further survey will be entertained thereafter Agents: "K" Line,
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      2420 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL *****11 FAX 2240P09 Mill/ BOOKINGS TEI *****34 *****68 ItHMINAI/CFS TEL *****18-220 Cfiflflfl pesaka jaroine shipping AGENCIES SON. BHD A TOM! Kf I ANG Tfcl *****18 FAX *****91/*****88 PtNANG TEL *****4 FAX *****1 CF ST EL *****6 MHMIBBB Dedicated to Quality Service ipohtel
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      Page 29 Advertisements Column 2
      3727 29 TRANSPORT DIARY Aug 13-14: Seminar on Shipping and Air Freight Documentation, Procedures and Operations, organised by Facs World at Carlton Hotel. Aug 21-22: Seminar on Shipbroking and Chartering I Terms, Negotiation and Fixing, organised by Facs World at Carlton Hotel. Sept 14-18: Japan International Aerospace Exhibition, Tokyo, Japan. COURSES July
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      1163 30 fnOTTEDAM/| VOY NO S POHE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE SBfijßl TOKIO EXPRESS 01/129 2577 15/8 13/8 12/8 (55T3 KAMAKURA 18/329 27/7 14/8 16/8 19/8 20/8 KASUGA 16/130 1/8 24/8 20/8 19/8 I. ALL WESTBOUND P. ELBE 06/131 8/8 31/8 27/8 26/8 ROANS <i KHANS CARGO LEVERKUSEN EXPRESS 02/331 11/8
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      Page 30 Advertisements Column 2
      664 30 SEASPAC SERVICE DHECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L J BONTANG 2404E8 1/8 16/8 19/8 24/8 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA i NUKUAtOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN 100 ANF VAP CLX STO (PERU) L J BONTANG 2404E8 1/8 7/9 8/9 13/9
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      Page 30 Advertisements Column 3
      1679 30 &BSHS REGULAR INDEPENDENT FULL CONTAINER SERVICE W£STB6UND FOR EUROPE VSI/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 120W 30/07 22/08 23/08 26/08 27/08 28/08 29/08 30/08 31/08 NORASIA SUN 9121-3 03/08 25/08 27/08 29/08 30/08 31/08 01/09 02/09 03/09 NORASIA
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      2035 31 Maritime Holdings Ltd P&O MTIW STRAITS SHIPPING Hmmn tt Btnml, East Malaysia, w™ Containers mLJm mam Voy Mo -f-Pwi/ 4-Pfcl S'pora Alg Sou Ant Rot Hbf l€*A MAMS* 9110 20/07 22/07 24/07 00 00 11/00 12/0114/01 ACCEPTS DUE SAKS TABLE BAY 0542 20/07 22/07 27/07 13/00 15/00 17/00 CARGO aCONA
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      Page 31 Advertisements Column 2
      2293 31 TO: U.S.A./PANAMA FM: U.S.A./PANAMA wsmi vot v oak ia aw ng sm won wtc kmivoy wvc woo sav aw to ox sf GUf SWM lfl» 27/7 21/0 2J/0 1/0 7/9 i 10/» PANAMA HNAIOO WAI27 S/» 7/0 0/0 14/0 23 24/0 22/7 CHOYAHG SUCCtSS (MM 1/1 21/1 M/ 0 I/*
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      Page 31 Advertisements Column 3
      347 31 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA/NAGOYA COSMIC TRADER Vl9 ETA PK In Port 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 PI 08* CT «0 JB/7
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      570 32 ralUßi CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSI VOI ISTOtt ROAM ADAM H'BURG BREMEN ANTWERP SRIMIATA 32*8 5/1 1/9 13/9 17/5 20/S KUTAI 23W8 1/9 410 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject lo Inducement Also accepting cargo to Catablanca. Poet Said. Port Alexandria. Genoa.
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      Page 32 Advertisements Column 2
      1038 32 ift 'it- HANJIN SHIPPING I ISporelLEH RTM ANR HAM BRV FEL FEEDER VSI SIN L«E HAUL LGB OAK HANJIN LEHAVRE 013W 23/7 9/8 10/8 11/8 11/8 12/8 13/8 HANJIN HONGKONG 030€ 25/7 DBtECT 12/« 15/» HANJIN TONGHAE OS2W 28/7 lb/8 16/8 17/8 17/8 19/8 20/8 HANJIN ROTTERDAM 015 C 31/7
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      Page 32 Advertisements Column 3
      73 32 Cawentatf/ICI/FCI Serine* To MCA UM (INK NORTH SOUTH MfMU MCTC UC HUH OQMI VESSELS AVAILABLE FOR SALEyCHAATEft/TftAHSHIEMENT SONG TWAO" MO CW fcUNM/TUT>CORIN 2S/7/91 -A VESSEL' MADRAS/C ALCUTTA/CMPTA GONG/RANGOON 2V7/S1 'AARON f~ BKK/SATTAWP/VUNGTAU/PHNOM PCHM 77/7/S1 "A VESSEL" COLOMBO/DUB A I/O AMMAN/KUWAIT JO/7/91 -A VSC" JCDOAM/MOD€IOAM/AOABA 5/1/91 -a SERAVA" SIN BATAM WEEKLY
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      Page 32 Advertisements Column 4
      1253 32 —il I—l «T-J ML SCf WG KSG KLC IB MIT OSK NGT SM2 TTO LAX CHS BAI NYC LM DM IW DT PS) N1 I IOUHR MI 24/7 25/7 30/7 31/7 2/1 S/l 7/1 J/l 10/» 11/1 12/1 22/1 3/1 5/1 t/1 15/1 lt/1 17/1 11/7 21/7 7/10 11/10 E
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      1883 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) JT BOOKINGS: NEPTUNELINK TEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 JTjr UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 Mm FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 MP# W NEPLINE SDN BHD MALAYSIA
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      Page 33 Advertisements Column 2
      1196 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUHD—DSCHMONG WESTBOUND LOAONG TRAHSHFPED VIA ROTTERDAM^ vessels hot |s» |m» mc
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      Page 34 Advertisements Column 1
      1775 34 ff AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W W W-* TEL *****77 TELEX: KAWAKIRS23I6S FAX *****79 > Wm. U M U M 4 M MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD I JL mLm JLr All MmJ TEL PJ *****00 PK *****01/5 PENANG *****5 JB *****1
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      Page 34 Advertisements Column 2
      1166 34 f BS PHILI-ORI€NT UN€S PT€ LTD i 108 Robinson Road #07-00 GMG Building Singapore 0106 JkTel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 by air, land or sea WE TAKE ON THE WORLD FOR YOU (wO MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Y®r 26 JUL DUBAI. DAMMAN, SHARJAH. DOHA 30
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      Page 35 Advertisements Column 1
      1513 35 £=S> A#|| PACIFIC INTERNATIONAL LINES (PTE) LTD /K Jy P| L BuikJioq, 140 Cecil Street #03-00, Singapore 0106. [JAKARTA ?BANGKQK~ VESSEL VOV SIN JKT SIN VESSEL VOY SIN BKK SIN EQUATOR MAS 12N 24/7 26/7 31/7 KOTA PAHLAWAN 9127 25/7 2t/7 1/t GOWA #110 27/7 29/7 K <>TA PANJANG 9122
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      Page 35 Advertisements Column 2
      1116 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRF ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY /SCAN SWEDEN Atsia' 248 25/7 9/8 10/8 11/8 13/8 1 Nedlloyd Hocxn f 246
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      Page 35 Advertisements Column 3
      429 35 Myanma PMA FIVE STAR LINE v\ (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIc Pen P.Gdf MYOMAYWA VI36W In ft SAGAING V24N In ft PINY* VIISW SM In ft PAGAN VI72W 27/29 Jul THE BANK LINE (A Mrvlcc of Andrew Weir Shipping) YT SEMI-CONTAINER SERVICE \l HEAVY LIFT
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      757 38 TO AUSTRALIA/NEW ZEALAND ¥Sl Fum M*» Syd Xxi If CHAIM MAftIHA H 275 13,8 19 g 23/1 2« J JO g JTjj fill* HUNG 276 24 S 19 i t 10 9 14 9 17/9 WtUSSFI >77 6 9 14 9 20,9 23 9 21,9 30 9 I, lO C
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      Page 38 Advertisements Column 2
      874 38 -N' N 1 V>iN 5 :-:S t, MA.I :.A 'CKJTBOONO VOY PKL PNG IK T SUN j HKG KAO~KEI TYO SM2 NGtT KOB VOY 'SIW |PKL PNG 81W SIN TSK MFIOOY 28 27/7 "?2 7 2t 7 2 1 6 8 7 8 8 8 ICE BWO~ ISA 24 7
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      Page 38 Advertisements Column 3
      201 38 jf t"plr"u"sa"ha"a"n peTaVa-rTnI i KALIMANTAN i r DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION I NIAGA XXI Voy 16/91 24/25 Jul Jakarta/Palemfeang 1 I NIAGA XXII Voy 17/91 29/30 Jul Jakarta/Palembang i j NIAGA 42 Voy 12/91 2/3 Au| Jakarta Palembang 1 j NIAGA XXI Voy 17/91 5/6
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      Page 38 Advertisements Column 4
      1665 38 ifis taisW W CHINA OCEAN SHIPPING COMPANY FULL CONTAINKR LINKR SKRVICK MALAYSIA S AGENTS SINGAPORE'S GENERAL AGENTS INDONESIA'S AGENTS CHUNG CHIAO SHIPPING SDN BHD COSTAR SHIPPING PTE LTD PT GLOBAL PUTRA KL TEL *****91 '17 FAX *****92 ***** 1900 2? 6 8 INDONESIA MARITIME I sr«:r su?,/® GUAN GUAN SDN
      1,665 words
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      Page 39 Advertisements Column 1
      671 39 GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 25.7.91 HONG KONG 25.7.91 BUSAN 25.7.91 BANGKOK 27.7.91 EUROPE 28.7.91 TOKYO/KOBE/YOKOHAMA 28.7.91 USA 29.7.91 AUCKLAND 9.8.91 FREMANTLE 25.7.91 SYDNEY/MELBOURNE 30.7.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 538-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN. KATHLYN TAV. SOPHIA BAY OR KAREN SIM FAST DIRECT REGULAR SERVICE
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      Page 39 Advertisements Column 2
      397 39 (S) RICHFIELD MARINE AGENCIES (S) PTE LTD Eg TEL: *****33 (12 Line*) ©FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) nsT\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA IIOADING FOR SPORE ANOINET 24W8 23'08 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 28WB 10/09
      397 words
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      Page 39 Advertisements Column 3
      1298 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IT* ETA ETA SPORE POUT KELANG PENANG 81 Ut I ADC 14,8 Loading (or Male *UVAI MUOHU 4/8 loading lor Calcutta DOIPWN In Port loading For Male PIONEER SUPREME 4/8 loading For Male DONAKULM 10/8 loaded For Felrararu PROGRESS I SCR TY
      1,298 words
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      Page 39 Advertisements Column 4
      372 39 IMCR-LK VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MM SIN TIGER BAY 167N 24-24/07 30-01/08 07-OS/0S EAGLE CAFE 015 27-2S/07 05-06/08 11 12/08 TIGER STAR 168N 03 04/08 10-12/08 18-18/08 VSL VOY SINGAPORE/CALCUTT A/SMQAPORE VESSEL VO* SIN CAI SIN LHOTSE 405 20-20/07 26-29/07 04-05/08 EAGLE BREEZE 075 28-29/07 03-07/08
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      Page 40 Advertisements Column 1
      1293 40 MAC-NELS spore IMPORT: *****02 j j PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 I P KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082)*****3 SURABAVA:(3I) *****0 UK/SCAN/MED PORTS AFRICA J ptN pK SIN PFN PK SIN 24/7 25/7 26/7 Ldn/Fli/Rdm/Ant Cotombo 26/7 27/7 28/7 28/7
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      Page 40 Advertisements Column 2
      403 40 BLUE STAR LINE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPt AKL ItT SIN MANOAM* 0600 25/7 5/« Vl* NPI 7/» 22/8 MUIBERA 22S 9/B 21/« NPt 23/1 9'9 MAHSURI 0502 27/B WA NPt 10/9 27/9 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW
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      Page 40 Advertisements Column 3
      1217 40 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAO #15 00. #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL IvOY [ETA [PEST VESSEL VQY SPORE P.
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      Page 42 Advertisements Column 1
      6 42 Read Chartpoint in BT every Saturday
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      138 42 UP. J* LIVING IT *3 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      335 43 TIDES AND WEATHER m um wnm rr -in ~t < iiiniii irw ruim i >ww—>w wmn n» im w' TODAY'S TIDES (height in metres) HOUR *****100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 *****400 *****600 1700 *****900 2000 2100 2200 2300 Jfi 15 12 10 08
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      Page 44 Advertisements Column 1
      824 44 CHARTPOINT Every Saturday in Business Times HYUNDAI A MERCHANT MARINE CO. LTD. EASTBOUNP FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST TO WK HI PRE Sll lit HAUL VQY LBH OAK St* IX HAM. VQY TCM/SU PTL NAN HAI 202 023 21/07 22/07 25/07 H COMMA*** 271 19/01 22/01 »/0l HARBOUR
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      Page 44 Advertisements Column 2
      121 44 PASIR GUDANCVSINGAPORE TWICE WEEKLY SAILINGS (TUE SAT) VESSEL VOY P.GUDANG S PORE JOSINDO SATU 018S 22/7 23/7 019$ 26/7 27/7 020S 29/7 30/7 021S 02/8 03/8 022S 05/8 06/8 023S 09/8 10/8 RASJR GUDANG SINGAPORE (t)7) *****0/*****1 (02) 534-0042 ■BBBBT S 7m J 1 DAMAR SEGARA AGUNG LINES VESSEL VOY
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      Page 44 Advertisements Column 3
      530 44 CHARTPOINT Every Saturday in Business Times |Fn*r Im I*s Inu iMMDar «nM TnJ SI |L»I [OM IhOU OAL ICM. Ikm !m |NTC OUR USA m QFRVinP CALLS mwrotwtt i2m i 24 7 hi liTliTliJt wt ocnviuc u< w awr »«3ki im.m in ?i,i ?i i 2i/s nJT nT" ~aJT mT
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